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BUB. AOM.
LltttASY
MONDAY
i94§!
o
«
|
Reg. U. S. Pat. Office
Volume
169
New
4805
Number
York, N. Y., Monday, May 23, 1949
Price 75
Cents
Copy
a
General Corporation and Investment News
RAILROAD
PUBLIC UTILITY
-
INDUSTRIAL
-
of 20,000 shares (no par) of common
made May 16 by A. G. Becker & Co. Inc., F.
distribution
stock
was
Three
In This Issue
'Net
Dealers discount 75 cents.—V.
Louis
r.nd
President
Ware,
Director
a
Gypsum
members
169,
sales
Net
profit alter Federal income
_•
including
liabilities
assets
consolidated
Exchange
Exchange
received
The
were:
First
on
Boston
San Francisco Stock Exchange
37
p.
Montreal
38
Stock Exchange
lor 3Its.
.
Toronto
Stock
PRESENT'
$40,295
SO.51
assets
1947.
in
Authorized
1971:
Shoe
has
So,250,000
3«-'«
Division
with
both
on
Car &
series
Common
stock
f Authorized
issuance
985.000
28.952.7 sirs.
721,428 shs.
$2 >
(par
Months
been
and
he
bonds
has
Ended
bepn
mortgage.
ACF's
and
Foreign
Exchange
Int.
SALE
PROPOSED
COMMON
ADDITIONAL
OF
STOCK—The
com¬
agreement
an
and
1949
127,810
$54,126,635
36,90$,332
37,325.254
36,620.628
9.023.300
3,168,354
7.611,686
2.642,273
2.067,924
1,784.594
exps.
2,532,640
2,671,386
2,618,396
funded & other ciebt
381,128
355,981
...
expenses
depletion
develop,
.stock
the
of
proposed
be
rata
aggregating
price
Southern
will,
shares of
additional common stock of Southern for
not
to
subscription by its stockholders at
approximately SI,000,000 and that
later than Aug. 1, 1949. offer approximately 141,000
for. pro
company
subscription
a
Southern
of
subscription
pro rata
the ratio of one share for each 10 shares out¬
standing, at a price (which shall be less than the market price current
at the time of offering)
to be fixed by the board of directors of South¬
ern, it being understood, however, that, in the event the market price of
Southern's common stock on the day preceding the date of offering
is lower
than the market price on the dace of the agreement
1 i.e.,
approximately $32 per share 1
by an amount which, in Southern's
judgment, would make it inadvisable to make such offering, Southcm
shall not be obligated to make such offering.
and
purchase
amount,
such
however,
not,
from
receive
the
provides that Southern will subscribe for
additional common stock of the company in such
further
agreement
of
sum
the
sale
from
■with
able
the
sale
interest)
accrued
the
of
of
all
(he
the
make
to
for
It
of
21,
is
all
company
after
shall
deducting
basis
the
the
to
deposit,
(which
of
construct alter
working capital
and
the
properties
corporate
of
was
name
the
net
pro¬
(exclusive
SI,000.000
amount
bondable
01
of
payment
will
additions
of
net
be
avail¬
which
the
Dec. 31, 1948), and
the construction of
Aluminum Co. of
incorporated in
of Birmingham
Alabama
Gas
Co.
public utility engaged primarily in the business
distributing and selling gas for domestic, commercial
uses.
y
operates gas distribution systems in 31
municipalities,
central an! northern Alabama.
Its largest distribution
the Birmingham District which comprises the City of
and eight suburban municipalities.
In the Birmingham
company sells natural gas, coke-oven gas and,
lor shoit
serves
Birmingham
District
the
heavy demand, propane-air gas mixed with natural and
Outside the Birmingham District, the company seils
xiatural gas In 20 municipalities; in one, Huntsvilie, it generates and
distributes propaine-air gas, and in one, Decatur, it manufactures and
periods
of
coke-oven
ccai
gas,
respective
names
of
the
principal. amount
several
the
net
of
White, Weld & Co
Kidder, Feabody & Co
Stone & Webster Securities Corp ■„
169,
in
02,715,447
342,132
135,222
$2,130,110
$2,530,225
$1.21
$0.78
$0.92
$1.51
$1.06
undistrib.
in
ccs.
undistrib.
associated
or
income
$4,131,1C9 in
om
cos...
,
.w
c
*-
applicable
1C4.9,
A
dp
to
$2,910,803
1948
and
would
169,
in
income
£UCIi
be
83,243,491
number of shares outstanding.—V.
average
$1.18
net
Auciuuiug
stock
common
in
undistributed
uwmu;.
new
Fork
America.—Secondary Offering—The
secondary offering of 25,000 shares
company
400.0(0
increased
p.
2093.
2,000,000
2,000,000
to
tBased
1947
1985.
p.
Consolidated
Mines,
Salt
Lake
City,
ceeds
mar¬
(no par)
of $1.25 per
at $50
share, less
per
will
American Airlines, Inc.—Record
in
corporation
April
topped
Power
Airfreight Carried—
previous
all
records
volume
in
Airfreight carried, surpassing its previous record, set in March by 6.9',.
R.
E.
3,288,277
and 96.7 L
the
over
miles
ton
same
month's
Last
for
miles
ton
preceding month
the Flagship
Vice-President, announced that
Deichler,
S.
carried
for
was
freight,
donw
were
year
212,289
1.1',
passenger
Fleet
in
the
greater
tion,
of
for
April
were
down
from
796,831
to
1948.
that
913,746
the
011
Mr.
be
In
7,301
at
ton
17.2'/
March,
York.
New
miles
below
figures
for
At
the
March
from
that
accounted
April,
to
in
for
same
time,
360,190.
1948.—V.
part
air
This
169, p.
by
the
express
figure,
Express
Air
was
up
however,
by
was
of
Profit
from
before
Improvement
the
new
by
of
Sporn
he
declared.
interest
in
are
which,
efficiency
that
1243
1947
that
all
these
steam
plants
Miscellaneous
83,731
of
8106,500.000
had
been
during 1247 and 1248, and that an additional $250,000,000 will
in the three-year period 1949-1951 to complete the program.
has
expenditure in the entire Tri-State
already
been
be
to
completed
completed
in
the
the
in
trading
1947
years
next
three
Involving what
area,
and
years,
1948
will
what
and
add
up
Total
Income
Other deductions 3
divs.—foreign
for Fed.
income
Virginia, and which will
E.
Hard
serve
the Tri-State
Pollack
retired.—V.
166.
p.
has
Rubber
Area.—V.
been
Co.—New
169.
1985.
p.
named
Secretary
Secretary—
to
succeed
Robert
Harry,
1678.
$950,516
$1,124,647
32,421
23.830
27.557
24.08G
$1,020,250
$378,073
$1,148,733
108,004
107,723
110,895
19.326
19,236
5.222
5,218
457.730
379,923
360,572
439,311
$513,037
$1,219,336
St. Louis Listed and Unlisted Securities
taxes
Edward D.Jones & Co.
Established
foreign'
(est. >
1871
300 North 4th .St., St. Louis 2, Missouri
Members
profit
Preferred
Common
com.
163, p. 435.
share
$504,556
$593,309
67,435
67.435
67.435
67,435
259.976
dividend
dividend
Earningz^per
—V.
&
sub.
259.975
259.975
162.485
CO.85
to
approximately $25,000,000. This is in addition to 870.000,000 for the
Philip Sporn Station which is being erected at Graham Station, We. t
94,689
$990,420
$620,389
__
$1,034,247
75.201
103,583
income
$1,065,621
$1,216,028
-
$1,260,397
$1,183,607
__
will
stimulating
a
.
spent
Budcl
1945
76,730
depreciation
of
ques¬
power.
is
expenditure
an
process
without
in the generation
the market for coal and have
industry in this valley."
reported
"We
stations
and
economy
steam-electric
particular
This will expand
all
enlargement of steam-electric generating
steam-electric
operations
Depreciation
Balance
Pro¬
1769.
(& Subs.)—Earnings—
1249
for
kilowatts,"
of
records
new
American
American Bank Note Co.
City.
program designed to supply the antici¬
Philip Sporn, President of both concerns stated
calls
energy
point
made
the
935,000
set
coal.
remains
carried
Lake
need for electric power, Appalachian Electric
entire American Gas & Electric Co. System are
in full,
number
electric
"A
813,746
than
by
a
will
The
miles
ton
Co., Salt
development.
major expansion
a
program
erecting
the
March.
Mail
Brokerage
mining
19.
capacity
effect
less than in June,
miles
Cromer
for
growing
and
in
May
burn
from
796,801
to
and only
12,825,609
than
more
.
in April last year.
than
more
April
last
month
figure
of
Co.
demand
"The
pf
Ihe
meet
pated
011
This
is
available
American Gas & Electric Co.—Continues
engaged
1769.
p.
be
com¬
concession
a
share to NASD members.—V. 169,
May 9 filed a letter of notification with the SEC
ol'
capital stock,
to
be offered at 25
cents
per
011
shares
Underwriter
To
stock
mon
Net
$2,000,000
of
equity,
41
System
Corp. completed, after the close of the
Prov.
principal underwriters
bonds severally to be
purchased by each are as follows:
—V.
$2,472,242
342,132
the
41
a
May 16
Pfd.
UNDERWRITERS—The
the
1.750.000
gas.
distributes
and
725.000
1,500,000
...
associated
vwi.n/w.uou
ket
Quarter End. Mar. 31—
:
875.000
2,250,000
inc.
011
41
First Boston
embargo
the company.
of
equity
income
Statement of Federal
for
thereof
in
located
system
Southern
as
ottered
operating
an
industrial
The
under
1929,
purchasing,
and
notes,
AND" BUSINESS—Company
HISTORY
"March
so
84,000,000
to
mortgage
the
addition's and extensions to
apply
bonds
new
2%'»
its
upon
may acquire,
the remainder
to
proposes
company
use
stock
equity
of
American
Mail
under
trustee
withdrawal
for
$1,000,000,
of
excess
additional
its
82,500,000.
PURPOSE—Company
ceeds
in
of
300,884
850.000
foreign tax.
Utah—Files With SEC.
by its stockholders, in
The
of
income
net
The
stock
$53,939,825
$3,647/287
&
preferred stock
on
Exclusive
share.
common
1347
321,749
income
offered
additional
of
1948
$55,614,992
...
process
for Fed.
by it for subscription by its stockholders. The agreement provides that
the
company
will, prior to June 30, 1350, offer additional common
ceeds
163,
program.—V.
853,315.460 $55,936,741
011
Inclusive
44
...
Federal Reserve
training
President.
department,
fNet income per common share:
Statement of Member Banks of
Condition
dated March 22, 1949, with
Southern Natural Gas Co., which owns
approximately 98%
of the
outstanding common stock of the company, which provides for the*
issue of additional common stock of the company and the
purchase
by Southern of all or a part of such additional stock from the pro¬
into
entered
has
pany
the
to
executive
$3,305,155
5;)
43
Rates
Reserve Banks
Amsco
$57,781,559
,
and
charges
Net
Clearings
Condition
Combined
has
he
the
Subs.)—Earnings—
31-
income
Research
Average.33
Dividends Declared and Payable
.
with
533,901
Depreciation
Redemption Calls and Sinking Fund Noiices__44
.
and
1928,
coasts
Assistant
with
system
March
Selling, admin, and general
33
(Dow-Jones)
State and City Bond Offerings
The Course of Bank
However, .stockholders have authorized the creation
of bonded indebtedness in a principal amount not exceeding 850,000,000
fit any one time outstanding.
Amounts outstanding and to be out¬
standing exclude amounts i$80,000 in the cose ol the 3%'t
series
and $15,000 in the case of the 3 ¥2%
series) ; for payment 0: which
funds have been
deposited pursuant to sinking'fund provisions.
the
of
an
He
Co.—New Official—
Corporation A- Investment News.Cover
General
since
west
appointed
suggestion
L
Dividends
mortgage except that the
the restrictive provisions
not limited by the
is subject to
amount, is
additional
of
.
to
2093.
Cost of sales....
York Curb Exchange——24
6,000,000
30,000 shs.
1,000,000 shs.
Sales
of
according
Vice-President.
\
Total
24
Miscellaneous Features
1,000,000
A
prior pfct. stock (par $50)
Charge
in
Division,
Executive
company
east
p.
Foundry
has
1947,
the
the
169,
income
Prov.
6,000,000
series
3's'/
$3.50 cumul.
Vice-President—
Vice-President
Manganese Steel
Terbell,
B.
been
the
of
Co.—New
appointed
42
Markets
Outstanding
series
in
shares
2093.
p.
Employees' pension funds
3'fa'/t
SI.223
to
314,700
on
Chicago Heights, 111.
years
sales
Other
FINANCING
85.850,000
"•1st mortgage bonds, due
80.13
$0.07
amounting
tBased
1985.
Nei
.
EFFECT TO
J.
in
August,
Three
41
Transactions New York Stock Exchange
National Quotation Industrial Stock
GIVING
19,170
$21,704
fixed
American Cyanamid Co. (&
39
Stock and Bond Averages
of
SJ5.E37
169,
been
Connette
P.
charge
38
Toronto
Section
by
Ward
R.
Montreal Curb Exchange
Exchange—Curb
has
American
in
Exchange
Ward
many
Since
Transactions New
and
organization.—V.
36
Hutzler, Equitable
(jointly), 101.25397
1948
stock.—V.
located
Mr.
spent
35
Angeles Stock Exchange
Over-the-Counter
1947
$59,465
7,200
..__y y
disposal
on
in
company's American
be
Sales
35
a
Corp. and Carl M. Lueb, Rhoades <s: Co.
CAPITALIZATION
will
St. Louis Stock Exchange
bid of 100.1019.
Other bids
Corp.,
100.036 lor 2y»Sj Halsey,-
17
the
36
36
102.018 for 3'As; Salomon Bros. &
Stuart & Co. Inc.,
Securities
May
awarded
was
—
Stock Exchange
Stock
share
common
profit
announcement
35
April 1, 1071.
issue
34
Exchange
Stock
at
The
Gilfry
of
Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange..-
$6,000,000 first mortgage bonds, 3Vs% series A due
100.70 and interest.
Dated April 1, 1949; due
1971
Stock
1948
$28,904
99,644
American Brake
29
Exchange___
34
34
Los
were
current
consisting of White, Weld & Co., Kidder, Peabody & Co.
and Stone & Webster Securities Corp. on May 19 of¬
fered
Curb
Detroit
current
per
SJ89.832
common
26
1949
S260.886
tax_
13
(Bonds)
Cincinnati Stock
Offered—A banking group
Alabama Gas Corp.—Bonds
York
Cleveland
$170,439.
and
SI,579,834
S897.548.—V. 169, p. 1001.
cash
(Stocks)
Exchange
Chicago Stock Exchange.
69,329'*<■"'*211,764
consolidated
the
1949.
26.
included
which
were
New
S14.447.602 S15.901.168
-
taxes
net non-recurring gain of
a
March
NOTE—On
—
-
Stock
1949,
of
(& Subs.)—Earnings-
31—
profit
tEarned
Page
Stock Exchange
York
Boston
«■"
l-'.w--. '
New
Mar. 26,'49 Mar. 31/48
Net
$5,311,836,
elected
1985.
Subs.)—Earnings—
(&
Y"'
New York
Hawkins,
1941. have been
p.
Months Ended:
"After
'
States
United
George E.
and
RR.,
Corp.
Co.
March
taxes
income
"Includes
Chemical
&
Chicago,
of
Inc. since
Co..
directors.—V.
of
board
Airline Foods Corp.
9
Central
Reduction
Air
ol
the
of
Illinois
the
end
Co.
Vice-President
Bank
National
First
the
ol
Minerals
International
of
Ended
$161,242
before
Net
Stock and Bond Quotations
Inc.—Two New Directors—
Air Reduction Co.,
Months
Federal
Co. and Shields & Co. at $40% per share.
169, p. 1769.
S. Moseley &
MISCELLANEOUS
-
American Barge Line
Laboratories—Secondary Offering—A second¬
Abbott
ary
INSURANCE
•
$0.63
$0.67
$0.31
New York Stock Exchange
St. Louis Stock Exchange
Chief eo Stock Exch.
New
York
Curb
Chicago Bd. of Trade
Exchange Associate
Phone
CEntral
Bell
7800
Teletype
SL
593
2
American Hide & Leather
Ashland Oil &
Co.—Earnings—
SI—
1^49
Eel
of
leather.
ol
sales
Cost
March
Months Ended
Nine
$1)
effected
was
10.922,039
13,699,503
Becker &
etc.
®t.570,136
590,463
$2'*87.77l
580,175
(The)
—
372,276
declines—
-----—
724,887
525,174
sales.,..-.,-
Refining Co.
18 at $16%
May
Monday, May 23,
Briggs & Stratton
Secondary Offering—A
—
profit from oper._
Purchase discounts, in¬
profit on sales
general and administrative expense,
Reserved for income taxes.—
—
price
inventory
future
for
Reserved
Aspinook Corp.—Transfer Agent—
Effective
National
$657,535
N.
Y„
as
$0.82
$0.90
number of feet of linished leather were
V.
169,
$607,397
.
Earnings
the
"Approximately
after pfd. divs...
share
common
per
same
months ended March 31, 1949 as were billed in the
the previous year. The difference in the dollar
-volume is accounted for by the lower price level prevailing in the cur¬
billed
months of
nine
year.—V. 169, p. 897.
rent
company
its
its
to
<$25
record June 1, 1949, will be en¬
titled to subscribe to the American stock on the basis of one share of
American common for each five shares of United common then held.
of
stockholders
common
shares of the American common and pro¬
additional 636 shares if and to the extent neces«ary for purposes of this offering.
Its sale of the stock is being
made pursuant to order of the SEC under the Holding Company Act.
Under a plan
approved by the Commission on Dec. 30, 1947, United
undertook to dispose of all shares of the American common which it
United
634,031
owns
now
owned.
of this plan,
terms
offering
total of 634,667 shares.
The present
remaining holdings of the American common.
1949,
a
Name, Etc.—
SEC Approves Change in
SEC
The
the
of
name to American
issuance
the
announced
1.8
May
Natural Gas Co. (a
business in which the system is en¬
certificate of incorporation in several re¬
its
amend
to
and
order authorizing
an
company to change its
more
descriptive of the
name
gaged)
its
covers
spects.
The
these
to
respect
with
proxies
solicit
to
proposes
company
■changes.
ing
number
authorized
shares,
rights
of
non-callable
6%
being
number
the
value of the
par
shares
said
of
outstanding.—V.
now
2093.
p.
com¬
169,
this
000
-V.
ended
week
the
For
•of
169,
May
11.20%,
2094.
p.
Input;—
V.
corresponding
the
Co.—Usual Dividend
American Telephone & Telegraph
declared the regular quarterly dividend
capital stock, payable July 15 to holders
of record June 15,
1949.
Distributions at the annual rate of $9 per
share have been made since and including 1922.
directors
The
of
$2.25
May
on
share
per
18
the
on
for
tificates
will
American Viscose Corp. (& Subs.)—Earnings—
Net
March 31—
income
Other
11,359,000
116,860
as
Elected—
subscribe
the
the
for
rate
of
each
share
one
shares
80
of
$23
Smith,
securities
to
dealers
obtain
the
from
Proceeds
Co.
sale
shares
held.
stock
has
&
Barney
load
for
in
State
taxes
income
Federal
taxes
428,979
5,519,738
206,100
3,615,237
W.
H.
income
_)
—
taxes
4,984,000]
I
___]
.
C.
share
retary.—V.
Bell
Net
profit
Famed per common share
$3.06
"Approximate figures.
Dr. Frank H.
$7,057,446
$3.30
$3,553,000
will
manage
a
irom
shipments
tire
of rayon
tire fabric and
yarn,
cello¬
"It
is
will
be
too
the
of
but
based
the profits are
what
to say
course,
quarter,
succeed
to
to be
they
the
facilities
first
compared
as
Reichel
revealed.
with
"Our
$5,082,000
large expenditures to complete,"
"The
financial
liave
been
1949,
net
accumulated
current
$82,408,000
at
for
assets
he added.
amounted
$88,816,000
to
compared
as
31,
American Woolen Co.—Reduces Common Dividend—
The
directors
June
—V.
the
on
1.
on
May
Previously,
declared
18
stock,
common
the
payable
June
15
paid
$1.50
per
company
3 Mos. End. Mar. 31—
"Not
income
of
share
$1
of
each
per
record
quarter.
per
1949
1948
E.
R.
shares__
$1,833,469
843,962
$2,483,214
421,981
$6,233
421,981
$2.17
$5.88
•—V.
depreciation, interest and Federal income taxes.
168, p. 2318,
Riter,
re¬
the
W,
the
Reavis,
late
J.
Cleveland,
Dale
Ohio,
Dilvvorth
has
who
elected
been
died
April
Net
a
director
to
9 Mos.
Earned
End. Mar. 31—
per
1949
1948
$8,654,804
shares—
1,634,748
share______
1947
1946
$7,535,712 $10,378,808
1,634,748
$5.29
$2.52
YY'YYVY \YY---C-Y;'--'Y-Y.l-Yl YY/Y
March
31,
The
a
Mr.
as
or
elections of S.
director
of
S.
Adair
as
operations
$2.40
to
March
and
of
Adair-has" served
as
were announced on
Controller for the past
Mr.
Farrington is Vice-President
£ram department.—V. 169, p. 1002,
and
Manager
Carl
May
twa
of
C.
Farrington
12,,
The
operations
being
Charles
of
suspended,
D'Olive,
R.
action
It
on
housing
D'Olive
1948
1947
t$2.35
$1.79
all
excluding
charges,
profits
of
the
company's
effect
natural
of
relief
rate
by
gas
1950,
and
program,
the
on
the
virtual
results
tne
of
2100.
p.
announced
States
(Pa.i
that
it
had
Government
the
where it has been
since the
cars
property
end
169,
purchased
Lion
Red
for-
plant
building all-stainless
of the
adjacent
owners
the sale.—V.
Vice-President,
its
as
advertising
104,
ports
war.
The
the
plant
to
transaction
ftad
witn-
2100.
p.
to
announces
tne
Ships
agency.
Puerto
Rico
of
and
of
appointment
the
the
Bull
Line
Dominican
sail
Re¬
1711.
p.
(&
Subs.)—Earnings—
1948 ;
1947
3946
1945
$6,149,280
$5,728,574
$4,296,019
$6,308 54$
2,385,204
2,082,657
1,554,142.
$3,552,290
$3,343,370
86,015
71,116
$2,213,362
51,094
$4,754,407
<.6,660--
$3,414,486
$2,264,457
$4,801,065.
615,632
257,730
140,890
123 848
197 518.
1,03.7,707
profit
income
1,008,530
720,328
2,834,882
$3,638,305
charges,.,.
710,371
taxes
gen.
180,217
'
314 543.
$1,710,010
$1,649,435
$1,162,550
shares_
649,762
649,762
649,762
649.762
share____
$2.63
$2.54
$1.79
$2.24
_____
common
per
provision
issue
of
pension plan.—V. 169,
for
23/bS.—V.
awarded
was
2 13%.
about
$19%
including
21
May
R.
and
2s
p.
$1,454,123:
1558.
16
W.
Halsey,
on
per
be
units
2,
1949
for
the
first nine months
of
its fiscal
of
plant
in
Total
interest
for the
for them
Mfg.
cost
for
Prov.
our
transaction
a
was
Interest
consummated
types
products
uncertainties in
increasing
47.107
$8,476,206
5,128,564
6,969,512
$7,029,421
5,651,852
scld
replacement
151,272
151,349187,795-
165,363
452,543
219,817
334,882.
195,100
258,400
174,700'
$320,605
selling
$423,485
344,925
344,925
$288,046t
344,925,
$0.92
$1.22
expense
(net)
for
Fed.
392,145-
1,099
reserve
Net
taxes
income
on
profit
shares
Earnings
sundry
______
per
outstanding
share.
cash discounts
NOTES—The
in
Tctal
liquidation
February,
current
including
allowed
and
and
profit
$0.82
from
Ordnance
of
Steel
Foundry
Co.
was
com¬
1949.
assets
of
as
$2,407,222 in cash
liabilities
gations.
p.
received
sales.
pleted
for
Mr.
to
1947
$6,982,314.
25,087
"
the
due
is
1948
$8,451,119
27,875
(neti
149,852
and
and
paid
Burden
Prov.
income
deprec.
"Including
together
with the immediate demand
that we are not prepared to fabricate,"
'
'
;
part
of
ACCOUNT
" 1949
income
Administrative
that
the
Current
March
and
31,
$997,394
that
on
1949,
in
date
to $6,361,022,.
S. Government obli¬
$2,161,845.—V. 163r
amounted
U.
were
2680.
Capital Airlines, Inc.—Stock Options Approved—
clean-up of the existing backlog of orders
The
early in June, at which time production at the
Evansville, Ind., will necessarily be discontinued.
of Unit Dies—
stockholders
certain
of
and
Smith,
Stubbs
on
Co.—Stock
Barney
&
of
Sale
share.
was
awarded
(which see].'—V.
169,
p.
2.
May
Profit
mayonnaise
disposal
on
and
Total
Whiting, Weeks &
capital stock
and
p.
proposal granting to.
options to purchase-
a
1559.
1948
of
equipment,
etc..
—'
$9,011,823
90,000
11,041
:
business.—___
1947
$8,308,536
-
cheese
45,000
9,014
197
19T
$8,409,774
.___
income
tCost of
Net
;Y
18
169,
$9,066,034
Offered—The First Boston
Co.
,
approved
20
stock.—V.
.!
sales
of
by
New
England
Y :Y'YYY-Y..
Electric System
': Y Y Y"1.
'•
""Y
profit
Earnings
-
sales, expenses
May 19 offered 123,100 shares of
per
April
Carpel Corp. (& Subs.)—Annual Report—
Dividends
Edison
on
employees of the corporation
common
Years Ended Dec. 31—
■
Secretary-Treasurer
officers
shares
48,000
the Morse Chain Co., a sub¬
sidiary, since 1945, died May 11, in Ithaca, N. Y.—V. 169, p. 2100.
Waring,
stock
net
99.10
99.492
$6,110,756
operating
Gross
The
a
bid
bid
,
completed
$42,375
9S.319
Co.
Inc.
$6,082,881
'
sales
"Other
Utility Unit Division has been manufacturing packaged units
consisting of furnace, water heater, bath and kitchen, together with
plumbing waste and vent systems, for small houses,—V. 169, p. 2100.
B.
of
&
INCOME
3 Months Ended March 31—
Net
the corporation's Ingersoll Utility Unit Division
according to an announcement recently made by*
Vice-President
and
General
Manager
of
the
picture,
indicated
Official
bid
Co.
&
Dealers' discount 75 cents.-
share.
CONSOLIDATED
per
said.
was
a
Pressprich
Stuart
169, p. 1986.
cents
The
at
years.
the'
Co.—Secondary
distribution of 14,800 shares of
was effected May 17 by Merrill
Lynch, Pierce, Fenner & Beane and McDonnell & Co. at
soll's Evansville (Ind.) Plant—
Corp.,
Treasurer
the';company
of
and
secondary
capital stock (no par)
sale of real estate.
on
Boston
as
tAfter
taxes.
1949, third quar¬
$1.63 a share.
New Treasurer and Director—
17
United
coast
profit,
The
Borg-Warner Corp.—Suspending Operations at Inger-
S.
company's fiscal year, were $2,676,397,
Light.,
certificates "as
whereby
the company disposed of the Bradley Sweater business including the
trade name "Bradley."
The George W. Borg Corp. continues to manu¬
facture pile fabric materials in one of its divisions.—V. 168, p. 1899.
1,634,748
$6.35 ' —
alter
Co.
and
oi
cost
$4,115,725
1,634,748
$4.61
"After depreciation and income taxes.
Net earnings in the three months ended
ter of the
1949
t$2.40
31—
(per share)
income
from
equal
division's
"Net profit
No, of common
financial
Offering—A
shares of capital stock, after
State
NOTE—On
will
Archer-Daniels-Midland Co. (& Subs.) —Earnings—
detailed
offering are Drexel & Co., Union Securities
Corp. and Stroud & Co. Inc.
$4,558,624
3,303,736
$4,403,904
3,061,973
1,077,681
March
oper.
345,000
income
are
profit
169,
1329.
analysis
an
•mature from June 1, 1950 to 1959 and were priced to
yield from 1.35% to 2.35%, according to maturity. They
are being offered subject to approval of the ICC.
Asso¬
share on 345,000 shares of capital stock;
after all charges, including Federal and State income taxes, and after
absorbing loss on sale ci assets relating to Bradley Sweater Division.
This compares with $2.35 per share reported earned for the similar
period last year, which $2.35 per share aid not include non-recurring
year
overall
1949.—V.
8,
busi¬
Campbell, Wyant & Cannon Foundry
from
and
minimum
John
succeed
year
its
years.
expansion
169,
by
been
trie
Cambria & Indiana RR.—Equipment Trust Certificates.
Offered—Offering of $650,000 2% equipment trust cer¬
tificates. series A, was made May 16 by a banking group
headed by Salomon Bros. & Hutzler.
The certificates
Sec¬
32,654,022-29,933,002
3,153,567
3,144,492
$1,505,839
932,107
Ended
Months
"This
JJ.
and
division.
Anchor Hocking Glass Corp.—New Director—
May
on
the
and Can inc. taxes
Net
No.
share realized during year cn sale of fixed assets. tAfter absorbing
loss on sale of assets relating to Bradley Sweater Division.
are
for
S.
U.
1662.
P.
income
"On
$0.01
share
"After provision
10
of
contains
review
per
1946
$1,381,370
843,962
has
2,596.990
"Income
Capital
1947
prospect
income
Deprec.
Co.—Earnings—
$1.63
—______
common
Earnings
of
holders
to
1985.
169, p.
Anaconda Wire & Cable
No.
dividend
quarterly
a
Nine
with
p. 2094,
-share
$1,412,025
income
charges—
169,
Federal
corporation is sound—liquid funds
future plant expenditures.
At March 31,
E.
&
Total
1949—3 Mos.—1948
10,232,086
1,033,143
11,323,126
1,006,614
taxes__
after
"Net
require
the
past
include
year
the
post-war
objection to
Operating
(George W.) Borg Corp.—Earnings-
year,
will
1948.
Current assets at the end of the first
included cash and securities of $78,961,000."—V, 169,
Doc.
of 1949
quarter
position" of
and
supported
the
profit—
Other
$13,741,765 $12,771,068 $40,211,493 $37,636,118
expenses,..—
Net oper.
-V.
plant
plant facilities',
new
forward
on
last
period
same
installing
going
are
$3,480,000
spent
the
in
of
programs
replacements
and
improvements
corporation
the
quarter
expenses,
activities.—V.
irom
"Including
Vice-President
conditions permit."
Operations—1948"
the
Expenses
Etc.—
elected
of
ciated in the
Net
likely
conditions
business
current
cn
"Review
3 Mos.End. Dec. 31—
:
considerably lower than those for the first quarter."
During
3Dr.
early,
second
tne
its
Atlantic
Gross
- -
1949—Month—1948
Operating revenues
Operating
Operating
phane increased during the first four months of 1949 as compared with
1348.
The demand for these products continues firm.
for
of the Board, on jviay 12 -said in part;
bank loan of $14,625,000, it is the
it on a permanent basis as soon
addition,
Bulova Watch Co.
purposes,
been
1880.
iv
reiinance
to
covering
of
of
public.—V.
$13,767,128 $32,795,413 $40,288,299 $37,711,756
25,363
24,345
76,806
75,638
revenues
Uncollectible oper. rev..
*
has
139,
(A. H.) Bull SS. Co., N. Y.—Advertising Agency—
W.r
Operating
In
income,
an
James
of
2094.
p.
Period End. Mar. 31—
$1.82
Reichel, Chairman and President, further
and
169,
below—V.
entitled
operating
completed
Doremus
Telephone Co. of Pennsylvania—Earnings—
$4,030,895
announced:
♦'Production
Secretary,
$1.85
present
railway passenger
was
subscriptions for the new shares.
the securities will be used by Bangor
corporate
elected Treasurer
been
has
Thomas,
1,381,188
$1.00
company.
The anairs of tne company for
other
important developments relating to
company
cirawn
of
gioup
additional
one
Oil Corp.—New Treasurer,
Egolf
A.
1,381,188
$0.78
record of actual earnings and other
book
tables
Earnings
$7,852,232
the
northeast Philadelphia
steel
freight locomotives
'
Barber
1,381,182
Inc.
directors
promotion
The
preferred stock held,
Holders of presently out¬
2094.
p.
Stores,
to
and
$5,250,000
of
general
1,381 180
(The) Budd Co.—-Acquires Plant—
Issue—
of
for
and
formed
1946
$2,626,678
and
Highlights
shares held.
four
1947
$1,448,961
$0.60
presented.
completion
including capital ex¬
penditures.
The company's construction budget for 1949 contemplates
capital expenditures of about $2,809,000 for the purpose of meeting
the increasing
demand for electric service in its territory.—V. 169,
Hydro-Electric
are
company's
common
subscribe
may
for '-ach
share
a
cf
20
each
common
stock
common
a:
1048
$1,143,439
Paige, Chairman
the
mis
by
revenues
Co.—Rights to Stockholders—
chares
for
1949
Review of Operations for 1948—-
statistical
($15 pari.
The
on May 27, 1949.
of
company's preferred and
common
stocks may
new
414%
preferred stock at $98.50 a share at
holders
Present
E.
of
adequate
ness
has
additional
594^298
2100.
p.
cars.—V. 169, p. 1986.
Hydro-Electric
54,304
Bros.
reviewed
are
stock
subscription offer will expire at the close of business
par), Jind
169.
share
80-page
issued
mature
years.
Proceeds from them will
75% of the cost of seven 6,000 h.p.
company
$2,890,03.*
$897,024
respect
an
An
tired.]
before
Profit
Hale
issues
serially over a
finance for the road
to
are
594,298
2100.
p.
Clifford
offered to its present holders of outstanding
preferred and common stocks of record May 12, the right to sub¬
scribe tc a new issue of 4,840 shares of 4lA%
preferred stock ($100
430,883
$11,537,000 $13,006,163
—
_____
and
1
passenger sleeping
Bangor
7,421,349
12,889,303
178,000
operations
July
$3,189,663
594,298
,
Brooklyn Union Gas Co.—To Refinance Bank Loan—
$55,963,874 $45,670,170
$51,939,000
from
1947
1948
"1949
sales
Income
than
new
The
Company
Three Months Ending
10
dated
$872,560
outstdg.__
per
169,
See
re¬
plans
be
15
of
more
common
Bankers Trust Co. to act
as
agent
the facilities of the bank
lor
the purchase and sale of rights in connection with the recently
authorized $395 000,000 10-year 3'Va%
convertible debenture issues.—
V..109, n. 2094.
shares
—V.
to come to market about June 10 with an
$4,600,000
in
equipment
trust
certificates.
The cer¬
offering
standing
has made arrangements with
for stockholders wishing to use
Com.
Earnings
Executive
Ohio RR.—Plans Equipment
&
company
$773,384
594,298
reserves
"With
Baltimore
l,845,Q0o
,
1948 —V.
31,
and
Vice-President since July, 1948, has
been
elected
President and Chief Executive Officer of . the company.
Charles E. Brinley has been reelected Chairman of the Board.
The following directors were alsq elected on May 5 for the comingyear:
Francis Bradley. Charles E. Brinley, Henry B. Bryans, Joseph
N.
Ewmg, Edward Hopkinson, Jr., William Clarke Mason, Lewis W.
Metzger, Richard T, Nalle. Carlos F. Noyes, L, E, Osborne, Frederic
A. Potts,
Jerome Preston, Gwilym A. Price, A. W. Robertson, Robert
C. Shields, James M. Skinner, Marvin W. Smith and Philip C. Staples.
Mr. Smith also is a director of The Midvale Co., Flannery Bolt Co.,
and 'The Philadelphia National Bank.—V.
169, p. 374.
The
2,002,000
Quarters End. Mar. 31—
ket Inc.
after
charges
Director of this corporation.
a Director of Armstrong, Cork Co., Girard Trust
Motors
Co.
and Penn Mutual Life Insurance Co.—
Smith,
287,000
545,000
't
Broadway Department Store, Inc.—Control—
Baldwin Locomotive Works—New President
W.
305,000
income
Bristol-Myers Co. (&• Subs.)—Earnings—
1879.
Marvin
$5,496,663
86,000
share
per
intention
or
Subscription Agent—•
March
University,
Temple
Of
$5,022,034
$1,503,560
76,000
$1.30
Y $1.47
$5.36
$4.86
"After provision lor depreciation of $44,672
and $167,745, respec¬
tively, for the three and 12 months ended March 31,
1949,
and
$35,315 for the three months and $133,163 for the 12 months ended
is also
ACF-Brill
169, p.
and
inputs of subsidiaries
increase of 25,327,week of last year.—
the System
1949,
12
over
or
a
Johnson
Dr.
amounted to 251,360,000 kwh., an
companv
kwh.,
elected
cently
President
Johnson,
L.
period
.
American Power & Light Co.—Weekly
Robert
82,404
482,000
Fed.
for
Earnings
Corp.—New Director—
Avco Mfg.
97,211
.
in¬
taxes_-________
Net prof, for the period
Capital shares outstdg.
April 30,'49
May 1,'48
companies— $34,659,252 $35,313,528
$4,939,630
23,549
:
taxes
YY
798.
p.
,
Corp.—Quarterly Sales Lower—
subsidiary store
by
.
,
$5,-399,452
$1,331,384
Wisconsin
for
Prov.
permitting Northeast to acquire from Consolidated
five
Convair-Liner
aircraft for a total price
Dr.
not
•
.
$1.—
I
i
value
par
23,299
in-
taxes
come
come
Vultee Aircraft
of $1,600,509.
Because of inter-company affiliations,
the transactions are prohibited
by the Investment Company Act of 1940 unless exempted from such
prohibition by the Commission.—V. 169, p. 1558.
common
without par
shares
of
preemptive
to
the
stock from $25 per share to the
value; alter the provisions relat¬
stockholders; and reduce the amount of
$25 par value preferred stock to 30,554
pany's 4,000,000 authorized
same
reduce
would
amendments
charter
The
stock,
common
1949—12 Mos.-1948
$1,480,011
.in-
before
profit
Prov.
Corp.
Co..
United during 1948 distributed a total of.
244,746 shares of the American stock to holders of its own common
stock and sold to such holders and others during February and March,
Under
May 23, 1949, The First
appointed as transfer
Avenue Bank, New York,
been
The SEC May
16 announced the issuance of an exemption order
permitting the corporation to exchange a $316,000 note of Northeast
Airlines, Inc., for an equal dollar amount of Northeast common stock,
acquire an
to
poses
169,
has
Filth
Atlas Corp.—Transactions Approved—
and
$12 per share.
at
par)
United's
J.,
$1,307,985
(net)___
Net
business on
N.
1002.
p.
reported
—V.
has filed a registration statement with the SEC under
parent, The United Light and Railways, proposes the sale
stockholders of 634,667 shares of American's common
stock
The
-which
City,
Quarters Ended—
Sales
Traction Co.—Registers With SEC
Light &
American
of
opening
Jersey
Bank
Associated Dry Goods
nine
the
in
first
of
of New York and
co-transfer agent for the
and
<
the
of
as
Bank
agent,
other
and
terest
Co., Inc.—V. 169, p. 598.
come
Gross
Selling
1949—3 Mos.—1948
"Net
share by A. G.
per
1.949
Corp.—Correction—Earnings—
Period End. Mar. 31—
secondary offering of 10,000 shares of common stock (par
$12,492,175 $16,187,274
—
-—,
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2206)
.
per
8,699,640
_
share_..__-____-u
—-——-
•
9,017,353
*$289,866
and taxes—
,
$48,681
*$13.58
$2.28
■
,.*Net
loss,
tincluding in. 1943 income tax refund claims.
Volume 169
CONSOLIDATED
BALANCE
$119,692;
ASSETS—Cash,
SHEET, DEC. 31,
inventory,
Definitive
prepaid expenses, $4,332;
U.
S.
income
tax
value—officers insurance
policy, $10,217; investments, $3,950; real estate, $80,730; automobiles,
$153,062;, equipment, $52,453; total, $2,218,416.
LIABILITIES—Accounts and leans payable, $863,735; notes payable,
$450,600; • accrued expenses and taxes, $43,150; .employees' savings,
$9,387; capital stock—without par value (outstanding 21,343 share's),
$133,775; surplus, $718,369; total, $2,218,416—V. 165, p. 2923.
•
in transit, $46,175;
refund,
$114,842;
cash
Sales
$20,319,864
tNet: profit
■^Operations
started
April
serves
1948: and
8,
Federal
lor
currently
in
Stock
ended
income
May
and
beeii
have.
computed
The
company
to
its
the
■
May
on
from
17
tNet
sufficient
received
has
it
on
and
Proceeds
the
from
the
with
earnings
proposed
of
sale
sales,
dividend
the
is
annually
of
per
of
the
on
share
dividends
intention
present
share
$4
expanded manufacturing facilities
earnings should justify an increase in
• 0' ■■■:-'■vNC-
$3
to
directors
of
outstanding.—V.
May
6
Products
$2
filed
was
with
Net
per
profit
David
\
Ford,
of
Fresident,
V, "There
record
has
May
been
April
on
the
2,
from
during the past few weeks to
and
•
dividend
the
1949
16,
income
This
-u
.
—
496,
P.
is
Central
Power
Littlefield,
Carroll
Assistant
of
S.
Co.—Changes
Augusta,
Mitchell
Secretary,—V.
Personnel—
—V.
169,
has
been
elected
to
Me.,
has
in
been
the
elected
Vice-
a
K.
Lane,
Bowman
Osborne, Samuel W. White
C.
Ling'.e,
and-Frank
W.
James
Maitland,
Wilkes.—V.
M.
Quarter End. Mar. 31—
169,
p.
John
1949
in
41,250
——
361,911
149,990
44,229
charge for excess .cost of replacing machinery and equipment
100,000
$244,720
$99,372
income
taxes—
$490,486
BALANCE
.
$2.75
SHEET,
MARCH
$0.65
$1.69
31,
1949
ings, $1,713,398; machinery and equipment, $2,295,218; patents, $33,080;
assets, $154,000; total, $11,052,895.
>
Yy
LIABILITIES—Common
stock, $4,375,000; preferred stock, $500,000;
payable, $339,374; accrued wages, $151,508; reserves, $2,205,surplus, $3,481,560; total, $11,052,895.—V. 169, p. 800.
to
Kelce,
board
the
late
the
succeed
Russell
also
to
Grant
Kansas
of
the
succeed
appointments
Kansas
has
Mo.,
1948,
Ralph
has
M.
been
elected
p.
Chair¬
1987.
1948
1947
and
J.
State
1946:
taxes.
$189,789
$421,398
$519,676
$0.81
$1.79
$2.21
F. Griswold,
Chairman,
"Reason for smaller earnings this year as compared to last is quickjy
in the sharp curtailment of operating schedules on the part of
practically all manufacturers served by the wooden shioping container
industry.
Our own operating schedules are thereby -likewise reduced.
Nothing we can see at the moment points to much of a change either
financial
"•
the
during
down
condition
second
never
was
quarter
stronger
the
of
and
it
The
company's
anticipated that the
year.
is
nor
board
is
lease
to
have
p.
there
2681.
The
any
Killens
at
word
by
-
progress
Ferry,. Louisiana
time
of
-
■
towards putting the checker¬
into
next
our
production
quarterly
Commercial
Dana
135
and
Financial
Seibert,
S.
La
Chronicle
President:
Salle
(Reg.
William
Union,
On
we
$35,00
account
of
St.,
per
the
year;
in
D.
U.
S.
Riggs,
hope
168,
Patent 'Office)
Business
fluctuations
In
system.
organized as
company
new
rates
of
1923
'
Wilmington,
Economist,
the
Benner
Mr.
company.
as
and
was
1930
organization
the
upon
entered the
elected Vice-
committee in
executive
comm.ttee
service
war
the
of
service,
of
has
in 1933 and, except for
company
since assisted Mr. Benner in
during the last three years
ever
the company,
Lean Department.
Mortgage
Treasurer,
Lee
with
the
has
company
addition to his
Treasurer's
Department, been also assigned to assist
Lord
in
investment operations,
particularly those re¬
the
other
Nichols,
H.
Jr..
has,
in
loans.
officers
144,
reelected
were
the
to
previously
positions
held
by
739.
p.
Re¬
letter
recent
wholly
the
to
directors
(on
stockholders
common -
April
reaffirmed
25)
said
in
Dart:
conviction,
their
previously
should be
stock owned.
Future conditions will determine the
this goal may be attained."—V. 169, p. 1880.
shareholders,
to
coramcn
whereby
means
A
houses, to
investment
of
group
shares,
DuBois' 20 years of experience
Comptroller's Department.
expressed
that
ultimately
this
company
Cribben & Sexton Co.—Preferred Dividend Deferred—The
system's
directors
dividend'on
made
May
on
the
4 Vst %
deemed it advisable not to pay
16
cumulative
convertible
quarterly distributions of
to and including March 1,
Regular
up
28 Va
$25
cents
1949.—V.
par
per
169,
p.
the June
1
preferred stock.
share had been
204.
company,
Northern
Cuba
Rys.
Co.- -Principal and
Interest Pay-
mcnts—
accordance
In
with,
Transitory Provision of the Constitution of
for Deposit, payments will be made on Juno
per $1,000 original principal
amount of
iirst
mortgage geld
bonds, 5'/a %
series of
1942,
due 1942, "partredeemed," upon presentation of bonds for stamping of the rider at¬
tached
thereto;
and of $19.33 per deposit
receipt "part-redeemed,"
for $1,000 original principal amount of said bonds ($3.73 interest pay¬
and
Cuba,
1948.
1,
the
.
.
the
and
ment
a-
Procedure
interest
of
1949,
$15.60
$3.92
of
principal
payments!,
to holders
of record at the
May 23, 1949.
Exchange on Mav 13 directed that the bonds
be quoted ex-interest $3.92 per $1,000 bond on June
1,
1949; that
the deposit receipts be quoted ex $19.33 per $1,000 deposit receipt
close
business
of
The
1,
dealt
be
of
exchange
"Flat,"
is
Y.—V*
the
bonds
and
contracts
attached
Interest
N.
that
and deposit receipts' shall continue:
bonds, to be a delivery in settlement
beginning June 1, 1949, must have the
thereto stamped to show the above payment.
in
to
rider
Stock
1949;
June
on
on
York
New
the
made
,
payable
169,
Cuba RR.
on
the
.1777..
p.
bonds
,
.
National
at
City
New York,
Bank,
,
Co.—Principal and Interest Payments—
.
compared .with 301.604,500 for the corresponding
increase of 7,967,639 or 2.64% .—V..; 169, p. 2101.
F\ * Fritch,
&
' Assistant
Hartford
RR.
the New
accordance
In
made
June
on
with
1,
the
1949,
Procedure
of
$19.33
for
($3.73
Deposit, payments will be
payment ancl $15.60
$1,C00
bonds,
interest
principal
payment) per deposit receipt "part-redeemed,", for
original principal amount of first lien and refunding mtge. gold
series A, 7 V2 %, extended to--1946, ar.d first lien and refunding
gage gold bonds, series B, 6%
extended to 1946, to holders 01
week in
: j
.
Th
to
road.—V.
152, p.
New
and
V."
announced
that
for
169,
1777.
p.
Cuban Atlantic Sugar Co.—Partial
2235.
System
(electricity generated and purchased) for the
amounted ,to 201,100,000
kwh., compared
.
mort¬
record
on
May 23, 1949.
York Stock Exchange on May 13
in
the
Deposit Receipts cn
May
specifically
.
busiriess
of
directed (hat Exchange
19,
1949, unless made
"cash," shall be ex $19.33 per $1,000 deposit receipt;
that: the deposit receipts shall continue to be dealt in "Flat."—
contracts
and
Ilaven
close
the
at
output of elec¬
week ended May
with 207,000,000
kwh. for the corresponding week of
1948, a decrease of 2.8%. Local
distribution
of
electricity
amounted to
192,800,000 kwh., compared
with
196,1OO,OG0 kwh. for the corresponding week of last year, a
decrease of 1.7%..7
\
,/\
■;
•, ' ^
on-May-18
company
.
May Borrow from Banks in Fall—Ralph H. Tapscott,
Chairman, in his remarks to stockholders at the annual
have
been
culled
for
redemption
on
Redemption—
June
20.
next, at $103.50
and accrued dividends 4,497 shares of outstanding 5%
ciimulative preferred stock.
Immediate
payment
will
be
made at
The
Chase
National
Bank
of
the City of
New York, 43 Exchange,
per
share
New
Place,
York,
N.
Y.—V.
168,
1040.
p.
Curtis Publishing Co.
3 Mos. End. Mar. 31—
Gross-
revenues-—
oper.
+Earnings bef.
Federal
State
*
inc.
income
income
taxes
tax
taxes____
(& Subs.)—Earnings—
1948
1949
The
tion
System
at
the
in
William
Manager.
Companies
ihoment,
January,
B.
Dana
Published
due
are
to
in- a
the
-
but .it is likely, that
Company,
twice
a
comfortable cash posi¬
$50,000,000 of series E
we shall have to borrow from
relatively
sale
of-our
exchange, remittance
for
Net
2,344,117
1,468,237
995,159
832,100
72,149
566,000
56,072
321,900
25,449
$1,439,868
$846,165
$647,810
$2.09
$1.22
$0.93
2,275,736
772,500
+68.793
-
$1,434,443
earnings
Earns, per
prior pref. sh.
—V.
p.
169,
.
1946
1947
$34,522,077 $33,611,316 $30,088,207 $22,302,954
meeting held May 16 said in part:
111.
the
per
Cooper-Bessemer Corp.—May Recapitalize—
of its subsidiaries have app&tej^ to the
their system service company opera¬
holding
a
member of
a
operations of
mortgage
to
All
A
(Del.)—To
$2,07
,
'
.
1777.
'
Herbert D. Sei^rt, Editor a di Publsher
jrtth a statistical issue on MonaayJ
Other
Publishers, 25 Park Place. New York 8, N. Y
REctor" 2-9570.
Thursday (general news and advertising: Issue)
c/o Edwards
Smith.
week- [every
(Telephone State 0613); 1 Drapers' Gardens, London,
E. C., England,
at the post office at New York, N. Y.; under the Act of March 3,
1879.
Dominion of Canada; $38.0O; per year.
.Other Countries, $42.00 per year. *
'
Chicago 3.
second-class matter February 25, 1942.
J.OTE:
but
report."—V.
$00
1949
15,
bonds
offices:
American
the
November.
President of
tricity
'
,
William
as
definite
the
than
less
be
Mr.
them.—V.
+ 3.4.
Corp.
of
finance
the
of the
its
in
lating
the
his
of
of
in
duties
+ 6.4
Southern
and
proposal,
Haven
The
regular quarterly dividend of 30 cents per share will be declared during
May and paid June 30.
"There is no news to report concerning exploration for oil during the
year
period
investment
Manager
There
.
or
210,176.000
Consolidated Edison Co. of New York, Inc.—Output-—
May 5 said:
on
not
1932.
entered
Vice-President
$0.46
found
up
215,586,000
as
temore,
$107,407
share—
per
will
on
0.9
the Fresident of the New York,
President of the
New England
Transportation- Co.,. has been elected President of the Connecticut
Co., a New Ilaven bus operation affiliate which provides extensive
bus transit facilities in New Haven. New London, Hartford, Stamford
and other Connecticut communities.
He succeeds Lauranee F. Whit-
Net inc. after charges &
Fned.
Lord
Assistant
Inc.,
would
be
a
"mutual service
serving The Southern Company holding company system
in. 1947 to take over the southern subsidiaries of Common¬
A plan for the dissolution of Commonwealth was approved by
an
New
"
.
1949
it
new
the
of
in
company
director and
of
"The
&
formation
operations
the
a
in
been
—1.5
+
th'e
of
of
committee
%■ Change
211,155,000
Services,
Howard
169,
that
'
said that the sub¬
market conditions,
company,
depend
,
Shaw.
immediately—V.
event
offering of the
Chairman
the
Connecticut Co.—New President Elected—
Chicago Mill & Lumber Co.—Earnings—
Quarter End. Mar. 31—
Earnings
all
the
'
City.. Mo.,
the
will
made
Mr.
weekly
572,139
elected
been
of
stock
new
any
the
for
the
that
kilowatt hour output of electric energy of subsidiaries
of this- corporation adjusted to
show general business conditions' of
territory served for the week ended May 12. 1949, amounted to 309,-
Stauffer.
late
effective
are
City,
1943
218,684,000
217,253,000
certain
rearrangement of
in
Co.
&
All
224,660,000
Weekly Output—
Chicago Great Western Ry.—New President, Etc.—
of
President
now
and
•
Commission has scheduled
The
21°1-
3d,
,2,
capital.
Chesapeake & Ohio Ry.—ICC Approves Merger of Pere
Marquette Ry.—See latter company below.—V. 169, p.
Deramus,-
for
market conditions
the necessary approvals
The company estimates
will amount id approxi¬
now
President,
other
215,454.000
217,433,000
company is
service
In
.
accounts
n.
to
..
deferred
of
for
24 shall have
stock (no
held.
proposals for hearing on June 7,
1949. •
:+ .'. :
•' :
•
■'
.vVy
All of the 4,500 outstanding shares of capital stock ($100 par) of
the ''present service company'.'
are held by companies in the Com¬
monwealth system.
Commonwealth proposes to purchase all of such
shares for $100 cash per "share and to offer the stock for sale to all
of the officers and employees of the
"present service company" who
have been employed-by it for at least one year and who will continue
with
it.
The sale price of the stock will be fixed at $50,000, the
independent service company to retain approximately $425,000, repre¬
senting the equivalent of three months' salary of all officers and
employees otherwise payable as dismissal or severance allowances.
Southern
Services, which is to perform services at cost to asso¬
ciated
companies in The Southern-Company system,
will sell 4,000
shares * of its
$50* par value common
stock to four operating sub¬
sidiaries of Southern, the proceeds to be used as necessary working
ASSETS—Cash, $1,603,869; accounts receivable, $1,889,273; Inven¬
tories, $2,663,870; U. S. Treasury certificates, $700,187; land and build¬
Both
May
common
shares
of Commonwealth
Commonwealth
SEC
The
'
share-
common
per
the
June
George B, DuBois. Robert s. Morgan continues also to be Assistant
Comptroller. Under the new organizational structure," the Chairman
of tne Board wJl be primarily responsible for the determination of
company policy an d the President will be the chief executive responsible
Service Company Operations—
the
the
the
Addl.
profit_______—
on
following changes in the executive organization of the company
by the board of directors at its meeting oa Apr.l 21, and
effective
immediately:
Chairman of; the
Board, Adoiph A.
Rydgren; President, Claude L. Benner; Vice-President tin charge of
investments),
Edwhi
C.
E.
Lord,
Jr.;
ana
Assistant
Comptroller,
Co.—Weekly Output—
_'
2101.'
a
wealth.
1947-
,
business
of
close
The
"present service company," The
Commonwealth & Southern Corp.
(New York), would be transformed
into
an
independent service company authorized, under a
changed
name,
to perform
services for, among others, companies formerly
$184,851
charges——
___,
the
at
offering will'be made provided
the
in
expects
statement
became
'
company"
65,000
man
$338,800
1949
corporation
organized
1948
L.
for
10
:
for
Southern
$459,710
President
14
Edison
-
Under
b.
72,800
after
-
record
of
Jr.,
of
registration
a
common stock to be made t>
the proportion of one new share
in
Bel.—Changes in Personnel—
tions.
1559;
$1,025,197
earnings
Depreciation
William
record
of
each
___'_k+_——X.——
169," p.
SEC
Chapman Valve Manufacturing Co.—Earnings—
453;
42,222
$519,446
—-
•-
arrange
South West Corp.—Directors Elected—
the annual meeting of stockholders held May 17, at*? which
approximately 81'v
of the stock eligible to vote was represented at
the meeting, the following
were
elected directors of. the corporation:
John D. Butt, Price Campbell, Lester J; Dickinson, Lcn C.
Hill, Percy
Net
222,446
—
—
June
for
share
one
Commonwealth
Littlefield
Y:;At
Earnings.
______
260,000
.
1987.
p.
SEC
offering of
Continental American Life Insurance Co.,
8,137
56,546
245,000
taxes
stock
beiore
or
April .30
April
23
succeed
Stock—
the
633,516
760,446
-
—
Ended—
7
The
Central &
Federal
-
169,875
14
May
of
group
Maine
T.
Jones,- R.
-1
.
excluding sales
Week
May
leader¬
investment bankers under
of The First Boston Corporation.—'V. 169, p. 19S7.
President.
103,121
$1,339,222
Edison Co. and associated com¬
electric utilities, for the week ended
May 14 showed a 1.5% decrease from the corresponding week a year
ago. 'Following! are .the kilowatt hour output totals of
the past iour
weeks and percentage comparisons with 1948:
company,: according
Alton
1,236,101
System, Inc.—Rights to Subscribe—
Gas
Electricity output
panies,
common
a
169,
contemplated, warrants evidencing rights to subscribe for
the new stock, and a prospectus,
will be mailed early in June after
the registration statement has become efiective,
at which time, the
subscription price will also be ' announced.
The period during which
subscriptions can be made is expected to expire approximately two or
three weeks thereafter, or in the latter part of June.—V. 169, p. 1988.
as
by
Co.—V.
new. shares cn
satisfactory at the
As
Cr310,654
—-
—
—
common
on
of
extent
Public Service Co.
Plans Rights to
Stockholders—Offering to Be Underwritten—
underwritten
stock
common
the
Legg
the right to
pari
to the
addition, stock¬
holders
shall
also be
entitled to make additional subscriptions for
such
shares
as
shall have been unsubscribed for, subject to allot¬
ment.
The subscription price is to be determined shortly beiore tne
offering is made.—V. 169, p. 2101.
of
subscribe
to the announcement of M. S. Luthringer,
contemplating offering 446,000 shares of common stock
stockholders, in the latio of one new share for each
five .shares
outstanding.
Dependent
upoh
market conditions,
it
is
expected this offering will be made" about the middle, of June and will
its
price
underwrite
Feb. 28, '48
26, 1949, earned surplus aggregated $13,946,887, as com¬
$13,98*3,853 at Feb. 23, 194d and $14,265,101 at March 1,
169,
Holders
on
Central Illinois
the
of
Lighting
proceeding with the steps preliminary, to a sale
the assumption that marketing conditions will
time of offering.
Negotiations are ben.g con¬
ducted with The First Boston Corp., Alex. Brown & Sons and John C.
1987.
Common
with
are
Schmidt,
The
be
Feb.
with
Commonwealth
President,
policy
deductions '__
Columbia
to
/'
a
desire to reduce inventories, general business conditions and the
possibility of price changes. Because of this condition the company
has
temporarily curtailed production rather than substantially in¬
crease Inventories at this time by its
high speed method of production."
p.
filed
shares
held
proposed
time
he
of
,
$1,606,944
_________ —~
State
profit
of
As
1947.—V.
payable May
Stated:.' ++HR++
the
were
Net
of
169,
insurance
pensions.——
notes payable—
Miscellaneous
tne part of buyers of our products
make forward commitments on account
hesitancy
a
.
(& Subs.) —Earnings—
—1—_:
•
for
Reserve
pared
stock
further
'us
there
Co.,
The new shares- will not participate in the dividend declared
May 18 of 90 cents per share payable June 22 (instead of the usual
July l date) to common stockholders of record June 2.
Offer
110,294
Depreciation 212-1
■
announcing
when
19
common
1949,
The
18
common
shares
six
but
operations——.—1,496,650
irc:n
income
Proceeds
($5 par), to be offered at $22 per share.
Sullivan & Co., Denver, Colo.
Proceeds go to
cents per share on
20
Net
1664.
income
Gross
common
V.,.,
100%
for
Long Island
Offer Common
May
proposed
a
its
scription
SEC for 3,000
the
to
of
Wm.
on
$33,080,128 $33,564,832
Other
Co., inc.—Files With SEC—
of notification
letter
a
of non-voting
holders
as
p.
debentures
iconso.idated
new
satisfactory, and subject 10
and clearances from regulatory authorities.
that the
proceeds of the proposed oifering
mately $13,000,000 or more,
:
on which
paid.—V. 169,
currently being
are
'
Central Foundry Co.—Curtails Production—
ship
169,
at
1 After all charges
643,840 common
$95,000.
f Based
of
taxes,
Feb. 26,'49
Interest' on'
Underwriter, Bosworth,
selling stockholders,.
be
income
Collins & Aikman Corp.
equivalent
common stock,
which is the
present common stock outstanding,
share annuahy
Central Fibre
On
shares
to
carry-back
Federal
'-.Fiscal Years Ended—
common
pay
new
the
on
per
board
the
of
relating
,
*218,214
$0.29
1,055,823
$1.59
financing during 1949.
the Long Island Lighting
acquire
to
convertible
our
company
1949.
Net sales
Federal
—V.
$1.60
proposal
proposed
The
ing—A secondary offering of 3,600 shares of common
stock (par $1) was effected May 4 at $25 per share by
Reinholdt & Gardner.—V. 164, p. 2541.
2100,
of
for
522,437
$0.77
1,052,180
for
Consolidated Gas Electric Light & Power Co. of Balti¬
$8,947,678 '"$5,885,444
$6,657,354
ad¬
the
additional public
more—Plans to
1946
.
necessary
share.
in¬
and
of
the
each
1947
con¬
our
securing
be
2101.
p..
Co.—Earnings—
1948
of
of
will
'
pay
from
the
payments,
|
continuance
means
it
nothing to report in the way .of definite progress, since the issuance
our
annvial
report, except
that
hearings before
the
SEC
are
so far as this company is concerned, and we are awaiting their
decision. We have offered, subject to certain conditions, to issu $28,-
of preferred
shares
250,000
the
,
the
temporary
doubt that
I
closed,
certain
or
Coca-Cola Bottling Co. of St. Louis—Secondary
off bank loans
recently announced
these bank loans and with the increased
of
repayment
expected
creased
p.
procurement
.
stock
will be used in part by the company, to
totaling approximately $21,060,000.
The company
It
Bronze
profits
excess
provision
shares now
stock,
that
1
share
com:
per
■Tncludes
2-for-l
a
the
finance
to
this
of
of
'
Graphite
__—.1
profit
fEarned
basis and create a new
issue of 350,000 shares of new preferred stock.
As of MayM7, 1949, consents irom the holders of 52'of the total
common shares outstanding had been received.
The company announces that it is negotiating with a nation-wide
investment
banking syndicate headed by Biyth & Co., Inc., for a
public offering early in June of 250,UC0 shares of the new preierred
stock
common
with
connection
Quarter End. Mar. 31—
1949
Net
sales <
_i '$8,958,733
Pre¬
Shares of New
that
announced
in
Fall
With
require,
any
our
600,000
2101.
p.
to
holders
common stockholders to authorize an amendment
incorporation.
The amendment provides for splitting
articles of
169,
this
we
is
rates
at
its
outstanding
dividends
accrued
and
equipment.—V.
ferred Stock Also Authorized—
consents
liability,
Cleveland
Approved—350,000
As
May 9 authorized the company to assume obligation
as
guarantor, in
respect of
not exceeding. $3,1328,000
cn
undertake
to
■
,
again
program.
funds
ditional
trust certificates, series' D, to be issued by the First Na¬
tional Bank of Chicago,, as trustee, and sold at 99.425 per cent of par
effect.
Split
>
banks
struction
equipment
tAfter deducting re¬
1948.
12,
wnich
taxes
ICC
The
1,142,316
1,044,834
5,933,937
1,880,432
periods reflect the effect of a strike which
these
tor
/
3
(2207)
the
4 '/a %,
mortgage
Equipment Trust Certificates Authorized—
$85,375,659 $63,183,100
$6,229,155
general
bonds.
porary
Caterpillar Tractor Co.—April Earnings Show Gain—
Period End. April 30—
1949—Mont..—*1948
."'1*49—4 Mos.—"1948
-
CHRONICLE
convertible income bonds, series
A, due1 Jan, T, 2019, are now available at the Chemical Bank & Trust
Co.. 165'! Broadway,
New York, N. Y.t in exchange for outstanding
temporary bonds.
It
was
also recently announced that definitive first mortgage 4%
bonds, series A,- due. Jan. 1, 1994, are now available at':.the Bankers
Trust Co., 16 Wall' St., New York, in exchange for outstanding tem¬
merchandise
$1,160,365;
FINANCIAL
&
Chicago, Rock Island & Pacific RR.—Definitive Bonds
1948
$472,599;
receivable,
accounts
COMMERCIAL
THE
-
Number 4805
Subscriptions
foreign subscriptions and advertisements
Copyr:^ i94®0_^ss^J."lal?erdto?fes
in United States,
and
Members
of
Pan
U. S. .Possessions, Territories and Members of Pan
must be made in New York funds.
Curtiss-Wright Corp.—Offer to Be Made to Common
Stockholders—Dividend Declared—
directors
The
May
on
authorized the mailing to stockhodlers, be-
13
Cimnng June 1, 1949, of invitations to tender common stock under the
pi«n approved by stockholders at the annual meeting on Apl'il 20,
1849.
''
v!>:7
' • ■''
' 7
;
;
Under the plan
the corporation was authorized to purchase from
stockholders, at the lowest prices oflered but not to exceed $11 per
share, up to $4,202,152 of the corporation's outstanding common stock.
Tenders Will be accepted up to July 1,
1949 under tue tferms and
cond.tions
iixed
by the
directors and which are to be mailed to
stockholders, with the invitation, beginning June 1, 1949.
Tne
d.rectors also declared a second-quarter dividend of 25 cents
■
•'
•
.
of common stock outstanding, pay¬
record June 1, 1949. The second
quarterly payment of 50 cents a share on the $2 annual dividend
previously declared on the 953,719 shares of class "A" stock out¬
standing will also be paid on June 18, 1949 on "A" stock oi record
share on tne 7,432,039 shares
able
June
18,
1949 to stock of
per
7,
June
Tne
stock
.
payment
a
25 cents per share
$1 each were made
of
distributions of
1948
in
3.
Elimination of Unprofitable
by
Activities—
The
corporation on
line
In
production
new
has
with
the
made the following announcement:
plans for the Curtiss-Wright Corp., a
been put into enect at the company's
Aeronautical
Wright
the
connection
In
*r
May
program
division
engine
.
17
reorganization
with
new
of
Corp.
operating
Woodridge,
adopted
program
N.
lor
J.
the
Aeronautical Corp., Paul V. Shields, Chairman of the CurtissWright corp., stated that it would be the policy of the company to
Wright
greater emphasis on the manufacturing resources of the enginebuilding division.
An • increasingly large part of the facilities at that plant are being
used for the production
of components of one of the standard jet
put
.
military
engines for which the
"Mr. Shields reported.
services
air
have
immediate need,
an
'V
-
.
increased production program, the company will
continue to carry on its research and development work in the jet
engine
field,
while unprofitable projects,
involving expenditures of
approximately $1,000,OCO a month, are being discontinued, Mr. Shields
the
with
Along
stated.
"While
the
of
trend
losses
past
the
over
months
several
cannot
immediately be reversed, the new policy involves a long-term program
aimed at establishing a sound basis for
profitable operations, Mr.
said.
bnieias
•
'
,
operating program adopted for the Wright company is a
major step in the new management's plan to effect economies w.herever
possible through the elimination of unprofitable
activities and an
improved earnings capacity through utilizing the highly soecialized
aviation resources primarily for expanded production.
The reorganiza¬
tion of the Wright plant lacilities is expected to provide net only ior
more production but for more profitable use of these resources.
The
new
production orders at the Wright plant represent more than
the Curtiss-Wright Corp.'s total backlog of $146,000,000 re¬
Current
of
half
1949,
at March 31,
ported
$19,000,000 since Dec. 31,
increase of
an
1948.
time
present
jet engine field the Wright Aeronautical Corp. operates the
largest turbine testing laboratory under private management in the
aviation industry.
It also has in operation what is believed to be
the
In
the
industry's
."ram
largest
designed
engine
jet"
for development of the high-powered
for super-sonic speed aircraft and guided
program
missiles.
Monday, May 23,
Electric Tower & Light
sales manager,
a 70%
sodium
trichloroacetate for grass control.
This new, more potent formula¬
tion
replaces a 60%
product previously oifered at no increase in ',.
ccst.
7
v,.-\.■>•••■ v;.".R'
:
7
'1CA
formulations
are
on
the
market
commercially for the first v
Allen, the company's agricultural chemical
May; 12 announced the immediate availability of
For
time
this
They
season.
being
are
quack, Bermuda, Johnson and
plant production increases will
available this year.-
The
used for the control of ,
Mr. Allen stated that ,;
ne.w formulation reasonably
the
,
tion
S.
Supreme Court has
voted
refused
reorganization
corporation's
court
"four
to
order
to
Franklurter
Justices
and
Murphy
have-been "granted. •••
7 ,'i;i7
The
staywas
sought
by
the
they
sa.d
stay;
(> '
(
thought
the
„
should
stay
'7'"..f%?'V':
77,
stockholders'
'a
'7;.7-
'
refuse
stay in the execu¬
7: ;7 7 '•/' 7/'-;'-7;'77 * ■ 7
,. Justices
Reed,
a
plan.
to
two
jDoug.as; and Jackson took no part in the case.
,
committee
by-
headed
Ltd., has
Cameron B ewend and Christian A. Johnson.- They asked a stay pend¬
board -7
ing a ruling by tne Second Circuit Court of 'Appeals in New York
of directors and two changes in its officers.
This action .fills the board
on
the reorganization plan, which was approved by £he SEC;
'
.7
vacancy created by the death of Dr. Willard H. Dow- cn March 31 and The
Federal
District
Court
in
New
York
had
approved the plan
expands membership of the board from- six- to eight."".*•
'
', .' *
and twice -refused to grant a stay, in the execution. The Circuit Court
New
board members are Calvin A. Campbell, Donald Williams and
denied a stay on May .5, declaring that if the Johnson group wished,
Ralph M. Hunter.
All three men hold key positions-With The-Dow
.the appeal would be argued June 13.
Chemical Co., of which Dow Chemical of Canada -is-a subsidiary.
In 1
The Johnson 'stockholders' group then
asked the high court for a
the parent company Mr. Campbell is Secretary and General Counsel,
stay in' the- effective date of the plan while the appeal was argued.
Mr. Williams is Director of Sales and Mr. Hunter is Manager of the
;
N.
R.
President
Crawford,
announced
of
of
addition
the
Canada,
Chemical of
Dow
three
members
new
the. firm's
to
This
Division.
Williams was elected a Vice-President of the
Canadian company and Mr. Campbell was elected Secretary to replace
Leland I. Doan who -resigned the post in view nf his recent election
to
the Presidency of the parent 'company.* •'7"< *.v"jr.;:
s.7
Concurrently,
Mr.
stay< wa§ denied
May
16.
Directors Set May 27 as
.
.
May, I27,-lhas
the
of
selected
been
Effective Date—
the
as
consummation
"
.
date
of
plan
> •
Part
III
for compliance by corporation with; Section 11 of the
Fublic Utility Holding Company Act of 1935, which was approved by
Other members of the board are: Mr. Doan,•Mr. Crawford, Earl W. 7/
the SEC on March 7, 1949, and by the U. S. District Court for the
Bennett, Dr. Ray H. Boundy and Leroy D.. Smithers.—V. 169, p. 2102.
Southern District of New York on April 22,
1949. This is the con¬
summation
East yGpast
Electric
^
after
April 29, sold. privately to an insurance
company $400,000 3%% sinking fund debentures, due (.
April 1, 1964.—V. 169, p. 2102.
The company on
has
been
(May
Natural
Tennessee
vately—A
issue of $7,700,000 first mortgage pipe line
new
$7
•.
the
■
'.$6
7.
On
the
the
The
westerly
will
Construction
end
the
of
started
be
of
share
stock
common
of
Stock,
South
Middle
United
of
Gas
Corp.
Preferred
$6
United
of
Preferred
of
$7
stock
stock
Stock, the
Middle South Utilities,
Gas
Corporation.
of
the
consummation
preferred stock
holders
Power
of
&
such certificates! to Guaranty
present
York,,
.
date,
Electric
oi
certificates
Light Corp.
Trust Co.,
for
will
be
Broad¬
140
exchange
as
.rights either
the
except
Inc.
•
and
dividends
to
right
of
otherwise
or
receive
to
United
Gas
in
respect
stock
common
Corp.
and,
to
such
Middle
of
the
in
certificates,
South
of
case
Utilities,
of
holders
the
second preferred
stock, cash, all as specified above.
Th;s does no; apply to common stock and option
7
purchase
for the
warrants
of
run
East
later
line,
Tennessee
V.
Green¬
169,
system.
projected lower ,'»• :
company's
on
at
2102.
p.
/;
Transmission Co.
the Tennessee Gas
will connect with
brier,
to be
Transmission. Go,
Gas
Tennessee
■■.dortract.
common
common
stock of Electric
Power & Light Corp. Notice
with respect to the consummation
date of Part IV of the plan covering
through the line from
such securities will be given to holders thereof within 30
under, a long-term .purcnase .7"
days.—
Commission.
gas
share
of
common
shares of common stock of
of
be.
agent under the plan, together with a
duly executed letter of transmittal and order form, for exchanges 011
the foregoing bases. Such nolders will cease to
be stockholders of the
eorporat on on the consummation date and
will
thereafter
have
no
1
certificate of necessity.
s
completion of the line company will supply, natural gas to the
Oak Ridge atomic energy plant at the rate of 60,000,000 cubic feet
per
day.
A contracted demand • for this volume for a period of
20 years is provided in a contract - which the company has received
the
after
New
way,
a
obtain
of
Corporation, and $5.25 in cash.
and
classes
ent-.tled to
Upon
will
shares
5.9
will
each
shares
4.5
shares
675
thereon,
all rights to
retired
by ex¬
PREFERRED STOCK. SERIES A
($7)—For each share of
Preferred Stock, the holder w.ll receive 4.3 shares of common
of Middle South Utilities,
Inc., 3.25 shares of common stock of
stack
used in the financing of the -construction of
the company's projected
172-mile natural gas pipe line from Green¬
brier, Tenn.,
to Oak Ridge.
Construction of the 22-inch line will
be started immediately,
and it is expected it will be completed by
next
Nov.
1.
The Federal- Power Commission has granted the com-
Tennessee
and
United Gas
be
the Atomic Energy
receive
stay
date
The
consummation
including
SECOND
mainly to Tennessee investors.
East
dividends
proceedings.
the
on
stock,
of
bases:
STOCK—For
Inc.. and
stay
plan,
PREFERRED STOCK—For each
Inc.
private placement of $2,340,000 of interim convertible 5%
and the sale of 400,000 shares of common stock,
party
certain
the
,
classes
Second
notes
will
unpaid
holder will receive 4.1
Co., F. S. Moseley & Co., Equitable Securities Corp. and
Co., it was announced May 16.
Additional financing has. been eifected through the
proceeds
and
holder -will
with
to
following
the. follow.ng
on
previously set as May 10, 1949, and there¬
give the U. S. Supreme Court an oppor¬
.
Elder and
The
to
Pursuant
the
PREFERRED
Utilities,
bonds, .3% % series due 1969 has been placed privately
with three insurance companies through White, Weld &
was
order
connection
19491
accumu.ated
Pri¬
Placed
Co.—Bonds
Gas
which
in
in
denied.
27,
changes
East
date
act
to
,
.
postponed
tunity
pipe lire, the first section of which will extend from Lobelville, Tenn.,
to" Chattanooga, and the second section from Chattanooga to Alcoa
and Kroxville.
This transmission system v.ill have a total icngth of
281 mbes.
Alcoa is the site of one of Aluminum Co. cf America's
Quarter End. Mar. 31—
pro!it
Shares outstanding
Earnings
financing,
larget;
169,
appointed corporate trustee, paying agent and registrar ior $7,700,000
mortgage pipeline bonds, 35/e% series due 1969.—V. 169, p. 2102.
all
1948
/-
>;
1947
1946
$1,047,942
$1,071,125
$1,021,507
,7 $491,283-
1,230.500
1,230,500
1,230 500
1 237 500
$0.85
$0.87
____
share____
per
•After
V.
been
has
1949
'-Net
.
plants.
Construction of "this line
will involve
although detailed plans have not yet been announced
The
Chemical
Bank
& Trust
Co., New
York, N. Y.,
Electrolux Corn. (& Subs.)—Earnings—
charges,
•
including
provision
$0.83
for
Federal
$0.40
"
income
tax.—*
1224,
p.
Emerson Electric Mfg. Co.—Co-Transfer
Agent—
iiist
EARNINGS
CONSOLIDATED
U.
of
The
,
'
'
or
Supreme Court Denies Stay in Reorganization—
grasses:
-
New Directors of Unit—
Corp.—Weekly Input—
ended May 12, 1949 the System input of subsidiaries
amounted to 82,296,000 kwh., an increase of 16,442,000
24.9%; over the corresponding week of last year. 7;;" '
week
the
kwhi,
widely
other
make
1949
of this company
•
the
services.
CHRONICLE
FINANCIAL
W.
irom
Wright plant is producing three different
types of their famous "Cyclone" engine for the U. S. Air Forces, the
Navy and leading American and foreign airlines.
A new engine, a
combination of "Cyclone" and turbine, which provides a 20% increase
in power-with no increase in fuel consumption, is now being readied
for
early production in quantity under orders from the military air
the
At
&
Dow Chemical Co.—Announces New Product—
W.
on
Electrochemical
Economies
Effect
To
while
last,
18,
26 and Dec.
Aug.
cn
169, p. 1006).
also
received
(see V.
1949.
common
March
on
COMMERCIAL
THE
(2208)
4
STATEMENT
The New York Trust Co., New York, N. Y„ has been
appointed co—
with respect to 500,600 shares of $4 par value common
stock.—V. 169, p. 802.
■
Quarters Ended March 31—:
•
('
sales
Net
,\'y'»V'"i
$
taxes
profit after Federal income
Class A shares outstanding
Common shares outstanding-.
:
—
$1,340,068
§759,864
953,719
7,432,039
.
953,719
7,422.039
...
Nil
Nil
Earnings per class A share__^~—
Earnings per common share
$1.41
$0.12
;
.
'
price increases applicable to 1947.
retroactive price increases.
§Loss.
of $420,000 determined
in this
period relating to shipments of the prior year, and to a greatly ac¬
celerated program of research and development
•Includes
^includes
applicable
price
orders
NOTE—Unfilled
hand
on
corporation and
the
for
at
March
1949
31,
as
subsidi¬
its
with
compared
1948.—V. 169, p. 1777.
31,
at Dec.
backlog cf $127,000,000
a
to
decreases
$146,000,000
to
amounted
aries
retroactive
$1,010,000
$GC6,C00
retoractive
Reflects
a
'
Sales
Income
Net
of
mately
sheet
and
four
1,224.000
$1,462,000
514.134
$2.84
-
stock
capital
outstanding
share
per
balance
$13,523,000
3.138.000
860,000
-
shares
The
2,322,000
taxes
$1,914,000
514,134
$3.72
—
profit
•Earnings
p.
before income
taxes
of
No.
$25,725,000 $24,673,000
-
earnings
Net
to
of
as
March
27,
shows
1949
current
assets. of
liabilities of $3,326 000, a ratio of approxi¬
and net working capital of $10,197,000.—V. 169,
current
one,
1332.
Decca Records, Inc.—New
Subsidiary Formed—
the
16 announced
liquidation and
heretofore
a
approved
proceeds
cf
R.
Rackmil, President, on May 16 announced the formation
Records, Inc., a subsidiary, which will institute stream¬
Vocalion
lined
service,
irom
the
with
Vocalion
Vocalion
will
all
shipments
going direct
to
dealers
and
assets,
in
specialize
timed
record
to
sets
as
well
market hit tunes
other
record
quickly
classifications
possible.—V. 169,
as
and
p.
will
has
Oklahoma
Okla.,
City,
operation.
A
V'.
1989.
169,
p.
Dewey
new
store
Almy
&
opened' new
in
stores
Amarillo,
that
found
Commission
The
holders
and
of
its
remaining
the
7-7 .7
in
C.—
now
S.
on
share.—V. 169,
per
p.
,
1778.
recently
directors
voted
create
to
lund
a
of
to
$500,000
Dome
C.
John
"In
President,
Pappas,
in
additional
the
from
further
reduction in* facing
the
view of
decrease
the
..1,7
7.,
.7
announced:
.
:r
.
,
7 7 I
7
days and -the prospect of a pos¬
daily handle
average
in
the directors have
1949,
revenue.' We
will obtain- supplemental
Suffolk Downs for two years to the North
of
sources
rental of
Arthur Rogow, President of Eversharp Com¬
pany. Their plans call for the running of 45 nights of harness racing
following the close of our racing season.
7"';'
7
t7'7 7 • 7 ''7/
The Turf Course has now been completed;'The Massachusetts State
headed
Corp.,
by
conduct one race
on
the Turf Course on
Tuesday and Friday of each week, weatner
permitting, in addition to the regular program.—V. 166, p. 1681.
Eastman
This
Kodak
company
12V2%
about
Mines, Ltd.—Earnings—
production
Development,
general
Outside
off
and
.
on
on
Co.—Prices Reduced—
May
1947
1946
$1,351,545
$1,312,840
-
C
..7.
.
announced
price reductions averaging
of its popular
still and movie cameras
projectors.
The price cuts, which are as high as 17V2%
on
items, became effective immediately.
Dollarwise, typical reductions are 40 cents on a $3.15 camera and
$36.50
on
a
$261.50
projector.
The price includes the excise tax
977,564
81,002
54,563
explor.
25%.—V.
169,
845,064
142,169
27,053
9,510
750,618
188,233
18,000
•
'
35,192,,t,;
.\>*
income
4,611
_L^
orof-it
1—
T"~" '" "
—'V... "*?,
p.
m.
share
.77- 7:
'
$0.13
1006.
"so-called
$314,800
91,807
$446,609
$455,562
Class A
$0.16
faxes
$0.23
$0.23
1948
1947
$7,425,867
328,728
$6,609,928
253,634
161,451
$132,611
profit
and
Earnings
per
—V.. 163/ p.
B
shares outstanding—
class A
8C2.
and
B
shares
405.000
$0.27
$167,277
405 000
$0.36
$358 478
405 000
$0.83
Grier
C.
Pat¬
D.
other than
Pat¬
Straus,
Mr.
Mr. Straus was originally ap¬
proxy
committee and, together
directors, agreed to support the
company's
of
agreement
-
1949
to
that
an
to
of
had
observe
•
statement
by
meeting"-on
meeting
•
.
stockholders had
of
June
to
23
for
lack
of
a
■
counsel
May
by-laws;
company
annual
adjourned
V,.7-
the
-
17
for
the
corporation,
convened
was
without
the
the
and in violation of company by-laws in
the meeting was sent to stockholders. Since the May
management
meeting* Was
also
and
17
7
•
notice of
no
would
be
an
invalid
meeting,
any
adjournment
that
of
meeting
invalid,
according to counsel.
I 7;7:'77'77
;'. . ^
to be held on May '24,
1949 was properly called by
management' with due* notice given to stockholders.-*' E.Viyi ';•*'*?
The
'
meeting
Leo'Strauss, Vice-President, on May 18 announced his resignation asofficer of the
company. • It is effective immediately, he said.
Mr.
is net related to Martin L. Straus, II, Chairman and Chief
an
Strauss
Executive
Officer.
Slate—A
•
-•
Committee
.
.
stockholders
common
Directors*
New
Proposes
committee
(James W.
Carkner, Chairman) has issued a letter to the stockhold¬
ers
regarding the election of directors at the annual
meeting to be held May 24. The committee states:
have
"We
a
made
After
a
which; %f
careful
years
serious
very
study
of
remarkable
of
situation
unchecked,
has
may
have
affairs
business and
the
success,
we
which
arisen
disastrous
the
of
are
threatens
of the
opinion
future
its
consequences.
opinion, there is only one solution to the problems confront¬
ing the company at this time. It is for you, the stockholders, to take
matters into your own hands. If you wish to preserve your investment,
vote with us for members of a board of directors whose every effort
280,067
638,545
directors,
statement,
28,
annual
-knowledge
"In
1949
taxes__.,_
of
stated
May
' '•
• •
According
17
Richard
Alley, Cole, Grimes andNFriedman of New York,
May 19.
77
J
issued' in reply to the declaration by Martin L.
on
had
on
will
cur
be
"It
made
is
cur
personalities
Net
'.C
quorum.
that
Kornblith,
meeting of^tockholders of this corporation
opinion of .counsel, Winston, Strawn, Shaw and
was
June
on
Straus
held
and
Subsidiaries)!
121,023
income
held
be
Vs
Pepper,
II,.Chairman cf the board, that the annual meeting would have
company.
$7,223,326
sales
Income
$354,802
Wholly-Owned
Quartey Ended March 31—
Net
$"51,377
104,185
$209.194!,/: $222,106
■
43,885
92,694
$253,079
Operating profit
.
Edison, Inc.—Earnings—
(Including
Profit before
Roppperating
.*
1989.
p.
(Thomas A.)
written
_•
Depreciation
'
F.'
Hodgson.
annual
the
in
statement
Mr.
been
that
1,047,155
costs
to
.
cf
valid
Chicago and
announced
was
sub¬
annual
statement points out that Mr. Straus subse¬
and
withdrew from the proxy
\
"I j
meeting which wilFbe^held in Chicago on May 24, 1949;
year
of
were
the
at
on
The
this
Stockholders'
16
number
a
the Association to
.
taxes
Income
■
oper.
1948
$1,307,725
1949
$1,346,104
only
this
Straus
be
and
3 Mos. End. Mar. 31—
it
against "Earned Surplus" for the purpose of acquiring pre¬
ferred shares, through call for tenders or open market purchases, at a
price not to exceed $12.50 per share.777't,
beard
Officer,
voted
G.
Howard
J.
be
to
Benjamin
R.
the JrQ&r;d
of
.
some
Bullion
the
for
Executive
7
1
7';!' '
7 ; The annual
Black
to
"false,
holdings of approximately 150,600 shares of
of
Eversharp, Inc., which
has
a
total
of
941,689
outstanding.
repudiated
committee.
is
Chief
directors
of
and
present
management's slate.
quently
sent
contained
by unanimous agreement of the
duties and powers of Mr. Straus,
the
Christensen,
Alger
members
■
,
Racing Commission has authorized
Offering—
May 10 made a sec¬
other
statement
proxy
meeting
represent
stock
shares
with
that
and
of
According to the proxy
pointed a member of the
Association, Inc.—To Purchase Its Stk.
Eastern Racing
to
the
annual
limited.
slate
consists
the
common
3,379
equitable.
said
are
of
that
the
January
board
and
24
common
The
ondary offering of 6,000 shares of common stock (no par)
$22.75
Members
with
revealed
last
the
reduced
May
charges
statements."
report
of
Jr., H. E.
Chester L.
terson,
his
untrue
management's
terson,
'
II,
connection
directors
meeting
shares of preferred stock was
7 .77 >■ .7 -..
The
Commission
also approved
payments of $68,382 of fees and
expenses of 9 claimants for services rendered in connection with the
proceedings on the three plans discussed above.
Stockholders' of Eastern have already voted approval of its disso¬
lution.—V. 166, p. 2660.
;
•
'
\
public
fair
Shore
Co.—Secondary
Paine, Webber, Jackson & Curtis
at
The
shares of Eastern's preferred stock.
participation on a party basis with
6,621
owns
also
of
stantially
.
Manuiacturers
income
and
Tex.,
bringing to 67 the number of units
will be opened soon at Greenville,
rj
I
Chemical
■
in
Chairman
as
and
he * based
annual
board
7':777'77
preferred stockholders.
sible
Dejay Stores, Inc.—Continues Expansion—
corporation
The
would
be dis¬
<
,
which
*■ misleading and
held
sought
This
Straus
L.
appointed by directors of this corporation,
Stone, acting President, R. Howard Webster,
Gene
Tunney,
011
May
13
called upon
Chairman of the board, to set forth the facts
A.
Pepper
stockholders
plan accords no participation to the common stok of Eastern,
by Manufacturers Trust Co.
The Commission's analysis
showed that this stock has no-equity in the assets of Eastern and that
it is fair and
eouitable to allocate the available assets solely to the
be
2102.
F.
upon
The
all
The
Popular,
as
as
..
would
Louis
of
Martin
charged
Country and Sepia
reccrds.
The first release, scheduled for June 6, will consist of 12 records, all
great interpretations of current. hit, tunes.
Subsequent release- will
include
it
committee
proxy
Benjamin
of Eastern's pre¬
distribution
rata
pro
whereupon
/
solved.
operators
Richmond, Ind.
plant in
holders
to
similar
"A
remaining
Eastern's
of
basis
rata
paid on a pro
entitled thereto.
stock
,
Milton
Eversharp, Inc.—Annual Meeting May 24—
The
composed
par).
made
be
May
for
Commission
ferred
Mar. 27, '49 Mar. 29. '43
transfer agent
holdings of 13,280 shares of the Wisconsin Hydro common stock
The balance of such stock will be sold at the market and
ern's
the
Nrne Months Ended—
SEC
pian
The
($12
Davison Chemical Corp.—Earnings—
Corp.—Dissolution Approved
decision approving the final steps in
dissolution of the corporation.
plans (1) for the disposition
of Eastern's physical properties and the retirement Cf its outstanding
bonus and (2) for the reclassification of the preferred and common
stocks of its subsidiary,
Wisconsin Hydro Electric Co., into a single
class of common
stock.
These phases of Eastern's overall plans for
compliance with the Holding Company Act have now been consumm a t eci.
%/' •177.7.; 77;7\
'
1
■
The
third
and
final step,
approved May
16. after providing for
establishment of a $60,000 reserve for payment of claims and expenses,
contemplates
an
initial
$20
per
share
distribution
to holders cf
Eastern's
10,000 outstanding preferred shares, together
with a pro
rata distribution to such stockholders, as nearly as may be, of East¬
The
27,513,797 *23,458,379
IJ
Net
.
Eastern Minnesota Power
1943
1949
7
Martin
L.
founder,
in.
1946.
member
to
improve
opinion
Straus
and
that
Your
of
the
the
after
management.
investigation
the
011
present
II,
Chairman
of
R.
board
of
Howard
committee
the
boarcj of
and, each
,
<
..
there
is a clash of two
namely,
that of
the company and itis
directors,
Webster
understands
present .board
.
that
of
who
from
came
Mr.
member of
into
the
Straus
the
picture
that
each,
management;
Volume
flate
proposed
or
approved
beiore
originally
was
these
they
became
individuals
two
directors
the present management
or
slate."
the
of
1
<
a
indulges jn bickering and fighting among
themselves which has resulted in sharp differences of opinion concerning
tuted
and
chosen,
the
board
merchandising
sales policy,
and
.
of
its
nominees
outstanding.
are
L.
The
Straus,
the
committee
Ewing, Counsel,
and
James
are
Other
will
ior
2r/f
a
2Vcs;
&
& Co.
SEC
has
Tne
Provision
169,
Profit
55,115
Total
$1,234,114
$1,220,240
costs
______
735,085
profit
37,564
Depreciation
income
Federal
42,5G0
income
taxes
Interest
ether
and
$1,411,942
97,707
$231,737
$213,921
15,801
15.820
6,7o0
22.5G0
548,408
669,142
arrears
$1.94
share———
common
168,
'
sales-
oi
Gross
Other
1943
after
income
1947
$2,284,334
1948
488,834
273,000
345,000
177,300
$443,686
$547,561
$311,534
$269,232
shares outstdg.
578,143
570,985
559,617
423,400
Earnings per com. share
$0.77
$0.95
$0.54
Sj).58
income
Federal
Net
tax
profit
Common
"After
687,112
6,393,531
252,159
7,134,321
394,81a
3,695,759
$1,136,113
677,947
35,849
$3,171,703
1,017,311
19,714
$941,834
420,821
Cr6,581
175,811
$2,134,678
849,977
$527,594
205,215
35,875
admin, exps.
395,485
______
$422,317
which
was
date.
pany's
strong
•defined.—V.
stockholders
position
cash
169,
and
until
decided
had
the
to
outlook
1949
the
conserve
is
com¬
clearly
more
on
preferred
$322,379
$1.07
$889,216
$3.21
$0,26
products
made
Holders of first and
and
30,
cash
able
to
Sept.
1,
"were
in sales and profits, Owen R.
while figures in the latest quarter
the drop
stated
that
Cheatham,
appre¬
are
the
of
1947—
since
bonds
the
were
is
payment
present
Payment—
Olympia,
made
should
presented
be
J.
to
(original) listing application dated Sept. 12, 1946,
applied for, and the New York Curb Exchange granted,
its
In
refunding mortgage 5s of 1974, beginning May 18
that matured Sept. 1, 1933, March 1, 1934,
their bonds. The payment—the first since July
seven the number of Semi-annual coupons paid
defaulted in 1931. Coupons against
which the
being
P.
pany
Morgan
to
On
May
the SEC for 1,000
be
selling stockholder.—V,
to
go.
168,
p*
offered
Co.
at $16
Moseley &
2324,
■.
has
r
;
at
The
the
Futures,
Declares
Inc.
The directors
Previously,
15,
from
$10.00
June
initial
February.
The corporation
Nov.
6
to
stockholders
distribution
of
like
of
record
of 20
cents
May
was
amount
25,
made
reports
for
the
a
414
rise
months
in net
of
asset
value
per
value
difference
To
ior
initial
The
apparatus
it
was
better
announced
pany's apparatus
(
The
will
building
lease
it! to
is
pursuant
V '
-
entire
being
erected
by
Electric
Co.
Whitney,
C,
Manager
of
the
2,336,683
Nuckols
of
Richmond
who
the
'una!
production
industries
last
quarter
meet
Morganton
the
Works,
aacied
to
Y., plant, will provide steady
line of quality graphite and
where
of
needs
such
1949
of
it
these
concluded, -'f
plav
products
Is
expected
that
industries will be
\
.
the
net
it.
$50,0Q0
increase
to
unit
another
to
in
or
of
sale
who
by
2%%.
the
have
share
been
Load
and
made
is
the
the
price
charges
on
more.
original unit sales charge will be
him lor "the educational work and
involved
in
reaching
completely
are
of
also
the
compensate
Group, Inc.,
class
value
asset
Reductions
millions
uninformed
the
of
sponsor
of
and
new
financially."
investment
company,
it
said
169,
1991.
p.
Hale Bros. Stores Co., San Francisco,
'
1943
'
27of the outstanding
Broadway Department Store
Inc., of Lcs Angeles,, it was announced cn May 17.
The purchase,
amounting to 195,348 shares, made from Blyth &
Co., investment bankers, was understood to constitute a controlling
shares
interest
Los
the
S.
the
and
and
other
•
income
income
bcf.
to
Broadway
and
men's
157,
Empire
May
Trust
offered
12
May 20, 1949,
bonds,
series
A.
on
$35,000,
V.
at
166,
merchandise
and
boys'
He
company.
in
announced
San
Francisco
of
manager
has
wear,
replaces
women's
been
James
A.
ap¬
elected
Lamb
'a
who
474.
p.
Co.,
to
trustee, J20 Broadway, New York, N
Y.,
tenders, not later than 12 o'c.o'ck noon
receive
for the
to
prices
sale
profit after
per
"After
taxes
first
and
to
exhaust
interest
to
1949
(&
Co.
24
o"
sum
1943
Subs.)—Barns.
1948
1947
$1,178,761
$1.28
'
1945
$933 795
$434 oil
$0.66
$1,762,370
$0.29
$0.84
share
com.
the
Mav
3
Refractories
taxes.:
5Va<i
mortgage con.erJb!e
sufficient
105
-
Harbison-Walker
tEarned
it of
exceed
to
3 Mos. End. Mar. 31—
"Net
to
an-amount
not
2210.
p.
depreciation, depletion, estimated Federal and State income
in J,947 $150,000
(and 1946 $200,000) for possible future
and
inventory
price
decline.
tEased
1,334,995
on
shares
common
out¬
standing..
New Director Elected—
W.
H.
F.
Godejohn
has
Robertson.—V.
S.
'
elected
been
168,
director
a
to
succeed
the
lata
2325.
P-
Harshaw Chemical
Co.
Places Issue Privately—The
—
19 has sold $5,000,000
maturing Nov. 1, 1949
May 1, 1964, to a group of lending institutions. The
financing was handled by McDonald & Co., Cleveland.
3%
it
promissory notes,
3%%
and
announced May
was
to
President
will
W.
retire
said
Harshaw
J.
SI,500,000
term bank
of
current
proceeds
the
that
borrowings
bantc
the loan
$3,000,000 of
from
and
provide the company with additional working
loans and will
capital,
banks
Five
First
V.
and
the
Penn
in the loan.
participated
Bank
National
Bank
National
of
of
Mutual Life
Insurance
Co.
of Philadelphia,
Participating banks are: Cleveland Trust Co.,
Cleveland, National City Bank of Cleveland,
Chicago and Philadelphia National Bank.—
169. p. 1007.
Harwill, Inc., St. Charles, Mich.—Filing—
(par
the SEC for
Underwriter,
Corp.—Sole Registrar Appointed
May
9
shares
3,000
Charles
E.
of
common
&
Co.,
Trust
York
with
registrar
letter
a
of
Bailey
New
stock.—V.
218,669
178,339
152,390
$1,379,905
notification was filed with
Sli, to be offered at par.
Detroit.
Co.,
respect to
p.
1008.
New York.
43,369
35,443
26,018
$1,415,351
$725,705
Cost
827,300
548,798
281,390
Prov
for
gen.
169,
2,000.000
$699,687
:
.
.
on
earned
taxes
taxes—7
surplus—_
$1,306,308
paid.—, 500,000
share
-^7- •
$3.27
400,000
stockholders
shares
not
was
stores
Hanchett Mfg. Co.—Tenders of Bonds—
The
$2,133,608
income
State
per
of
price
five
Jose, and the Broadway company fou *
Grenshaw and Hollywood districts of Lo;.
Broadway
resigned—V.
Hazel-Atlas Glass Co.
N.
has been appointed sote
Y..
shares
of
$2
par
value common,
shares presently
$444,315
270.000
$1.11
$866,553
360,000
$2.17
outstanding.7V. 169,
p.
on
April
25
approved
a
proposal
to
shares
of
preferred stock purchased
cumulative
preferred " stock
and
57
Years Ended
sold-depreciation
products
_
adm.
&
Operating
Other
April 2,'49
r
Mar. 27,'4a
$13,534,149 $12,126,526 $62,131,788 $58,148,916
sales
of
Mar. 27,'48
exps.
income
___
' 1,074,952
11,168,793
2lfi.6°o
943,152
50,667,765
1,046,651
4,327.220
48,984.406
852,261
4,011,653
$1,111,363
"$198,109
$6,090,152
126,346
$4,300,596
"$164,248
Cr70,000
$6,216,498
2,341,500
$4,494,897
1,670,000
"S94.248
$3,874,998
2,606,454
2,172,045
$2,824,697
3,040.853
2,172,G45
$1.73
$1.30
11,094,264
253 570
28,228
income.
income
tax
income
(est.)
$1,139,591
426,500
33,862 ~
194,101
Capital
reduce
the
shares of cumulative
157, p. 1537.
lor retirement.—V.
April 2,'49
Period—
1452.
capital stock from $1,945,830 to $1,932,975 and the number,
thereof from 129,722
to 128,865 by the retirement of 300
second
(& Subs.)— Earnings-^
3 Mos. Ended
Fed.
The
The
operates
San
Pasadena.
Hcbbs,
accessories
of
the
of
concern.
Co.
and
downtown,
in
and
Charles
parel,
Angeles
Stores
Sacramento
m
stock
common
Brothers
Angeles
has
oi
the
in
Hale
Oakland,
$2,084,239
and -admin.. &xps..:_:
from .operationsJ__,
dividends
amount
Calif.—Acquis.—
This corporation has acquired by purchase
<32,/d3
1,542,223
-
Globe & Rutgers Fire Insurance Co.—Reduces
-
cf
E.
world.
ago
this to be the first
time that adjustments involving simul¬
taneous increases and decreases of load factors
have been accomplished
Total
com¬
commercial
be
to
the
believes
The
1947
income
Net
Cash
Shop—
'
N.
complete
basic
the
totaling
investors
Distributors
Corp.—Earnings-rr
repair,
General
a
securities
1%
dealer
smaller
smaller
.
$2,394,302
profitr
Federal
in
recently by H. V.
office in Richmond.
said
in
years
Hayes Manufacturing
share¬
1943
general
"Based
maintenance and warehousing facilities
Virginia, this company will
establish
a
new1
service shop and warehouse in Richmond late this summer,
customers
is
kind
two
completed.
Falls,
in
the
to
for
pays
sales
the
Net
Net
have
common
provide
its
from
capacity of the
announcement
customer
On
subiect to
$3,394,926
nrofit
■"Earnings
far
its
of
corporation
are being developed so that
electrodes, anodes and specialties will
graphite
for
between
the
1949.
has,
Dividend—
General Electric Co.—Plans New Service
plant
works
been
Niagara
service
class'of
one
Sell.,
Selling,
•
declared a dividend of $1 per share rn the $1
stock, payable June 1 to holders of record May 20.
This compares
with
15 cents paid on March 1, last.
In 194b. the
following payments were made: March 1 and June 1, 60 cents each;
and Dec. 22, $4.50—V. 167, p. 1150.
7,
directors
The
par
Commis.ion.
which
cover
about
electroae
new
withheld
803.
Inc.—Declares $1
Rys.,
directors
3.470,585
Interest
Gary
in the year
Exchange
the
-;Cost
from
the
to May 1, 1950, the listing authority
to the aforementioned listing applica¬
2256.
p.
that
7—7——_ 1__—$5,773,493
sales
Net
,
granted
167,
extended
Six Months Ended March 31—
in
share
Tc
corporation has adjusted its distribution charges, raising the
original unit sales by 1% and reducing the "load" in shifts
on
from
to remain at $5 (Canadian) per share.
ratification by shareholders of the com¬
Securities of
1949.
operations
to
Gleaner Harvester
Net
$13.91.—V.
to
non-recurring dividend
a
March 31, .1949,
169, p.
1948 to
heretofore
Asset
on
ratification,
tion.—V.
recently declared
an
—
Falls, N. Y.
x.vVxx
Group Securities, Inc.—New Distributing Agreement—
the price
subject
annual meeting to be held
Committee
'
payable
share,
per
Dividend
20-Cent
is
Exchange
on
unpurchased,
extension
pany
the
by
April 14, 1949, have extended to May 1. 1950.
options In respect of the 17,450 shares which still
held
Such
holders'
Value Rises—
to
'
the New
on
This
to
and
received
been
now
aforementioned
remain
per
S.
Partly
York Stock Exchange
May 16 at $177
share by Merrill Lynch, Pierce, Fenner & Beane. The
offering was completed in the elapsed time of 21 minutes.
Commission 70 cents.—V. 162, p. 353.
Central
meeting
a
the
F.
,class B common (no par) stock, to
Underwriters
are
Tifft Brothers and
Proceeds
at
Mass.—Filing—
11 a letter of notification was filed with
of
pursuant
management
under.
Notice
shares
35,000 unissued
issuance
of
granted
Co., Incorporated, the paying agent, 23 Wall St., New York, N. Y.
disbursement, amounting to
83,375,000. was authorized by the
Federal Court at Jacksonville late last month.—V.
169, p. 1990.
list
to-the
notice
The
share.
this com¬
authority
shares of capital stock upon official
the exercise of options pronosed to be
employees to purchase said shares of
capital stock at $5 (Canadian) per share to April 30, 1948.
As
previously announced, on April 30, 1948,
the aforementioned
options were extended for a period of 12 months to April 30, 1949, in
respect of the 32,750 shares which then remained unissued
there¬
add
to
&
Forbes & Wallace, Inc., Springfield,
used
two
Giant Yellowknife Gold Mines, Ltd.-r-Stock Options—
coupons
1934, on
brought to
be
Niagara
carbon
had
The
parts.
company,
Florida East Coast Ry.—Interest
will
per
shares.
24-hour-a-day schedule to handle rush orders of the
Washington recently damaged by earthquake.
company mills at Olympia already has resumed pro¬
duction
on
a
one
shift basis, with both plants scheduled to resume
a five-day 24-hour-a-day
schedule on May 16. Utmost cooperation has
been extended by all in aiding the company over this difficulty, includ¬
ing a waiver this year by unionized labor of the usual mid-summer
vacation
period at Olympia,
thus assuring continued uninterrupted
production when full operations are resumed."—V. 169, P. 1561.
1451.
p.
dividends
fcr
$210,631
■
shares
(Ore.)
One
into consideration the long
the directors had taken
the
Co.—Special Offering—A special
offering of 20,000 shares common stock (no par) was
on
six-day week,
two plants in
payments were made: On March 1, 30 cents; June 1, 40 cents;
and Sept. 1 and Dec. 1, 40 cents, plus, 5 cents extra each date.
Harold E. Wadely, President, in announcing the June 1, 1949 divi¬
of
of
Lakes'
uninterrupted
director
company's plywood plants at Bellingham (Wash.) and Spring¬
have stepped up their output from a five-day week to a
"The
lowing
said that
provision
1—
—:
3
common
explaining
field
4, the directors declared a dividend of 35. cents per share
on
ihe common stock, payable June 1 to holders of record May 16.
This compares with 40 cents paid on March 1, last.
In 1948, the fol¬
interest
>.
"and average price reductions, starting in November, resulted in ap¬
proximately a 207<r decline, largely occurring in the months of January
and February.
Despite these difficult conditions the company was able
to operate at a protit during each of thet, three months of the quarter,
with profits increasing substantially in March.
May
term
income——
on
lower than those reported for the record comparable pericd of
1948, they were very encouraging to management.
"The severe winter
in the west made full time operating of our mills impossible," lie said,
Dividend Rate Decreased—
dend,
taxes
ciably
••
-•
AEC
the
financial-position at March 31, 1949 continued strong,
working capital ratio of 2.8 to 1 and cash balances in excess of
President,
charges,
;;,v:V-
On
for
profit'
In
2% price
the
been
the
achieved,
$5,032,403
$2,300,000.
including a special reserve which was created to
reduction which became effective April 1 and
applied to merchandise in the hands of distributors cn that
all
offset
the
has
By
production
v
profit
profit per
with
424,232
155,000
892,561
the
equipped
by
adequate
1947
$10,558,183
7
_1
general and
■"After
721,686
best
summer.
essential
The company's
chgs.
taxes
and
$892,910
1949
expense
Provision
1946
$2,896,657
Corp.,
tract,
for
Great.
stores
$202,072
$5,046,544
1949
44-acre
shipments
carbon
2103.
$8,216,756
—
"Net
$5,126,513
said,
was
/xVi-w-''
.
unit
this
of
the
$976,629
$53,785
$44,756
allowances
Carpet Co.—Earning:
sales
"Net
1j*c>
Minority interest in subsidiary co.__
3 Mos. End. Mar. 31—
Net
p.
2103.
p.
Quarter Ended March 31—•
Net
Firth
169,
Export charges, freight,, disccunts &
2007.
p.
$550,8.95
%ou,576
$0.83
—Jan. 1 to May 7—
1J4J
XJ48
Week End. May 7
lyay
.■■■■■.
Sales
90,658
$198,101
$215,935
Balance for dividends and surplus
disregarded.—V.
stock
preferred
on
$341,034
456,0/6
$1.51
$1,037,171
4ob,o76
period
the
outstanding
Balance
—V.
it
1
Carbon
modern-
projects
regular
38,205
367,028
i
income
on
19,636
15,813
charges——____
the
—V.
$217,886
,
sale,
2103.
p.
purchased
Morganton
$956,128
-
revenues
169,
•Ccs£
charges.-
$1,713,063
— -—
97,519
,
oF
stock
Georgia-Pacific Plywood & Lumber Co.—Earnings—
t
42,500
__
capital
$936,492
1949
1
*
v:
Selling,
before
Balance
(& Subs.)—Earnings-
Georgia & Florida RR.—Operating Revenues—
—V.
103,893
87,376
121,943
\
common
Great Western Sugar
$1,391,859
20,083
fcr
the
of
»mo^
and
$1,690,223
2z,b40
operations.
income
Period—
taxes on
_________—
Lakes
Although
paid
30,441
_________
Taxes, other than Federal
stock
169,
2103.
p.
shares
^Dividend
665,182
37,539
43,750
_____
_____—
_______
of
buildings
one-halt
that
1947
$1,229,553
289,061
taxes
Common
$1,144,188
701,438
earning3________„___
gross
Operating
Maintenance
shares
electrode plant has been utilized ior the Atomic
Energy
Consisting of 25 major
and minor
'
fee
Net
$1,091,926
52,261
income
200,000
year,
corporation will greatly increase Its electrode production this'
when
it
begins
commercial
operations
at
its
Morganton
Works, Morganton, N. C., it was announced on May 17
by Koucrt G
Allen, Vice-President of the corporation and General
Manager of it?
Electrode Division.
For nearly two years the North Carolina
graphite
begin
requested
SEC
authorization
to
muKe
a
contribution to its subsidiary, New Jersey
use
in the latter's construction program.
interested persons until June 3 to request a
interest
for
a
ior
income
Eond
request
to
1948
$1,652,128
2o0,269
from
Prov.
26
'
;_____——$1,948,769
depreciation—!—2—7
258,546
Non-operating
Total
May
expenses.^
lor'
Operating
$1,184,634
operating revenue ________
Other
200,000 Shares
Production schedules at the huge plant
Contribution to Subsidiary—
General Steel Castings Corp.
1947
49,480
Gross
Pennsylvania
the latter,
has
Co.,
given
^Earnings per
1943
The balance
capital
has
alter
until
' ■*-
:•
Three Months Ended March 31—
Profit
reoffering
$1,165,224
persons
•
Cash Capital
cash
hearing.—V.
1949
-
.
Light
SEC
The
-Earnings-
3 Months Ended March 31—
::
time
time-to
interested
given
corporation
&
Power
and Lehman Brothers (jointly), 99.586
(Inc.), 100.06 for 2>/4S.—V. 169, p. 1989.
Light Co.
bonds due 1953.
to its subsidiary,
4»/a%
outstanding
from
7
,
■'
Fall River Electric
Sell
summer
.
Co.-, for construction purposes, in return for which
non-interest-bearing notes to Associated Electric.
$1,500,000
&
Stuart & Co. Inc.,
Hutzler, 99.591 for 2Vas;
&
,
to the SEC for authorization to make
contribution to. its? holding company sub¬
capital
its
of
To Make
Halsey,
were:
Bros.
Inc.,
Co.,
Hall
sale
Salomon
the
at
coupon;
Ripley
Harris,
corporation for the week ended May 13,
kwh., a decrease of 3,032,984 kvva., oi"
week of last year.' "
'
is_ue
hearing.-
.
received
bids
for
sell
this
the
from
debt.—V.
Great
applied
nas
advanced
be
Electric
prices to yield from 2.05% to 2.35%, according to
maturity. The underwriters sold the first five maturities
Harriman
will
Corp.
Increase Capacity—
Corp.—Weekly Output—
$25,000,000 to Associated Electric Co.—
cash
amount
will
at
are
Proceeds
repay
Electric Co.
,
7—• .
»
-7
Electric will apply $20,854,000 to the redemption at prin¬
Associated
15, 1955 to May 15, 1959
balance.
110,691,449
corporation
cipal
awarded
at competitive bidding May 17 a new issue of $3,450,000
equipment trust certificates due $345,000 annually May
15, 1950 to 1959, on a bid of 99.0599 naming a 2% interest
rate.
Subject to approval of the ICC, the bankers re-
immediately following the bidding, and
l94d
$5,5/0,884
taxes—|_i—_
sidiary, Associated
body & Co. and Dick & Merle-Smith which was
99X55
to
To Advance
$25,000,100
RR.—Equip. Trust Certificates Offered—The First
Boston Corp. headed a group consisting of Kidder, Pea-
the
output of this
amounted
Tne
a
Erie
offered the certificates due May
electric
Tne
1949
2,7Vc, from tne 'corresponding
Carkner, Chairman;
W.
E.
Harry
Corp.—To
The
.
Gould, with Hughes, Hubbard
1 Wall Street, New Yoik.—V. 168, pp. 1581, 1693.
Levien
S,
Motors
5
thus reducing its holdings of tne mt,e,n
company s stock to 600,000 shares, according to, the proxy statement
issued May 13.
Graham-Paige now owns about 17.5X of the KaiserFrazer. stock.
7X",? :
.
II.
of
members
Francis
charges'and
alter
General Public Utilities
following slate for directors: William
Zeckendorf, Richard C. Patterson, Jr., Francis S. Levien, James W.,
Carkner, Harry E. Gould, Robert Hays Gries, A. Wilfred May and
Martin
ls*±9
$6,273,952
j
.income
The
"
Kaiser-Frazer
124,779
109,505
Earnings per snare_^.i.--_-—-——i-^'
$0.21
;
$0.18
—V. Iu9, P./1882.
..,.,'7
vV7:V ':7.,7' ."',7' ' ";7: ■;/
committee is proposing the
The
sa.es
Net
.
.
,The. corporation
(& Subs.)—Earns.
Equipment Corp.
Tnree Months E'naed Marcn 31—
Net
and
ness
Cordiner,
J.
General Precision
7
planning for future busi¬
other important operations of the business such as steps to be
taken other important operations of the business such as steps to be.
taken to eliminate the losses in the pen division and to protect the
company's position in the sales of razors and razor b.ades.
"During 1947, the company lost approximately $7,000.000, before the
benefit of
a
tax
carry-back.
In the year
1948, acocrding to the
company s statement, it made approximately $1,200,000. . The fact is,
however, that while the razor end of the business made over $4,000,000,
the pen and pencil division of the business lost over $2,000,000.
"It is,
therefore, imperative that directors who are not .part-.of,
controlled
by,' or under the domination of either of the opposing
factions be elected to the board of directors for the purpose of rescuing
our company from its present serious predicament.'-'
The committee asserts that it represents neither Martin Straus II,
Chairman and founder, ncr R. Howard Webster, although Mr. Straus
has
indicated
that lie will
vote
in
favor
of this committee's slate
and has agreed to contribute to the expenses of this committee. .
The committee presents eight nominees for consideration and urges
their election to the board.
The committee feels that the qualifications
advertising,
Graham-Paige
of Kaiser-Frazer—Proceeds to Pay Debt—
Vice-President and Assistant to the President
February,., 1945, has been eiected Executive Vice-President and
q.recuor of tae company.—V. 169, p. 2103.
*
Ralph
since
.
believe that as a
the board of directors has been consti¬
wnich
in
manner
of
(2239)
Official Promoted—
of
of
tbe other
the board
cr
"We further
The committee's letter further' states:
xesult
by one
members
;
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
Number 4305
169
NeF
income
—
—
Dividends
No.
of common
Earns,
per
com.
'
v.
shares—
$713,091
615,614
2,172,045'
$0.33
share—
p. 1991."
169,
; 651,614
\2,172,045
"
Nil
.
6
(2210)
THE
of
Net
profit alter all charges including taxes-
Number
$82,709,003 $73,005,667
of
Earnings per
Stock
The
on
May
stock
common
the
to
through
—
(H. J.)
The
$4.22
169,
at this time of issuing-
Heinz Co.—Sale of Notes—
promissory
2.9'r
&
Co.,
notes
April 18 last,
sold to John
Benefit
Life
insurance
Shell
and
Fund
Jan,
due
notes,
1,
which,
1969,
was placed through Morgan Stanley^
Hancock Mutual Life Insurance Co.,
Co.,
Pension
Aetna
Insurance
Life
Fund.—V.
169,
Shell'
Co.,
1779.
p.
High'tstown (N. J.) Rug Co.—Par Value Changed—
stockholders
The
of
on
May
incorporation
:
is changed from no par to $1
per share, and the
authorized
number of preferred shares from 10 872 to 592. In addition, the amend¬
stock
ment
provides
that
the
in
event
the
sinking
special
shall
fund
June
30,
CALENDAR
YEARS
■"Earnings
after
per
charges and taxes—
Selling and
Net
shares
common
'••Disregarding arrearages
337,735
ii
preferred
on
1947
195 497
$1.06
stock.—V.
168,
251.
p.
The
International
its portfolio
of
The
Bank
notes
for
of
International
Total
for
for
principal
and
& Development has sold
shipping companies (listed be¬
added; its guarantee of payment
these obligations.
The securities are as
interest
to
follows:
(a)
■
$2,000,000
Notes
July 13, 1948: .and are due $1GO,GOO semi-annually
1949-July 15, 1958 incl.
(to)
$2,000,000 N. V. Vereenigde Ncderlandsche Scheepvaartmaatschappij (United Netherlands Navigation Co.)
2%%
Secured serial
mortgage notes (Guaranteed by the Netherlands Government).
Notes
dated July 15, 1948 and are due
$100,000 semi-annually Jan. 15,
1949-July 15, 1958 inclusive.
iC) $4,000,000 N. V. Rctterdamsche
Lloyd (Rotterdam-Lloyd Line)
2Vs'rsecured serial mortgage notes (guaranteed
by the Netherlands
,
-
Government).
Notes
dated
are
July
15,
1948
and
land
Line)
2l<b7,
secured serial
Netherlands Government).
Notes
$200,000 semi-annually Jan. 15,
In
August
Bank
1948
comprising
1955
$3,100,000
ail
and
$300,000
During
January
from
the
Bank
$600,000
Jan.
notes
1957
Jan.
maturing
$2,200 000
of
15,
15,
of
*
After
and
441,541
376,737
due.
the-
$392,678
16,763
$657,035
-
;
•
On
Jan.
due
notes
July
15,
$457,43177'
$413,641
278,000
137,000
15,000
due
provision
$18,439
in
••
$374,035
$255,431
The
221,740
221.740
$1.68
$1.15
^—Ed.j
tured
1949.
were
paid Jan.
outstanding at the
for
depreciation:
$28,830
in
1949;
in
$22,845
1948,
March
1947.
net
investment
.earnings' do not include
'and
in
advance
June
10,
'
10, July 20 and Sept.
■.
ACCOUNT
FOR
NINE
Cost
of
ENDED
'
■
for
Operating
Dec.
MARCH
expense's
in
Registration Statement
of
shares
per
169,
effective
made
was
April
May
18,
13,
The
ICC
on
May
4
per
and application for withdrawal
shares having been sold.—V.
169,
the
authorized
to
company
P43'
1
earnings
shares
Earnings
per
cAfter
$118,764
outstanding——
share...
common
—V.
in
connection
with
the
of
'
254,500"
$0.22
charge-offs
168,
taxes
in
and
the
provisions
first
for
and
1948
income
to
$9.05ft
to
the
company May
which 450,000
an
Gas.
Co.—Registration—
filed
registration
a
in
the
to
Kansas
to
finance
bank
in
loans
banks
mating
$1,400,000)
tion
to
sell
be
under
the
169,
obtained
in
other
the
Gas
is
case
the
100,000 shares will be
and to repay short-
of
connection
these
York
New
and
North American
New York
"In
b'c
•The
and
RR.—Equipment Trust Certif.—
therewith
(approxi¬
and
sold
tion
with
at
99.519
of par and accrued dividends in connec¬
procurement of certain equipment.—V,
169, p. 1991.
the
The
rule of the Commission
lor
hearing on May 24.—
scheduled
in
International
Hydro
Electric
System
Stockholders
—
at
in
Trustee's Plan, Which They Call Unfair—
Percival
E. Jackson, counsel
has filed with the SEC
slock,
for
the-company as an alternative
A. Brickley, trustee.
holders
plan
a
to
for
plan
a
of
9,100
shares
the immediate
of
The
the
committee
hearing
also
(held
asked
previously filed
May
proposed that final
with certificates to
17)
the
on
dissolution
be
issued
SEC
that
its
trustee's
postponed
be
for
the
be
plan
plan.
for
present
considered
The
at
trustee
least
preferred
two
and
at
has
hearing
director
a
also
and
company
Meanwhile,
C. Shelby
Carter
plan,
the
balance
299,851.3
mated
he
to
made
New
have
to
3.5
shares
for
each
owed
of
the
on
committee's
of
of
ask
preferred
and
the
to
to
Eastern
a
of
York
of
New
at
York,
Hydro
A
the
Power
rate
and
stock,
loan
to
pay
six
upon
Corp.,
Power
and
of
by
16
shares
shares
of
of
England,
$350
for
the
package.
The
lb
Mr.
total
retire
of
approximately $30,000,000 thus
remaining outstanding bonds and
the
due
holders
would
on
the
be
preferred
sold
by
the
stock.
trustee
The
to
stock
pay
raised
the
not
off
would
be
used
outstanding
$15,-
taken
these
by
prior
respectively,
would
1949.
The
Bank
169,
and
Beslilt
the A
claims,
cash
and 43
and
a
The
properly.
inventory
lack of inventory can
conservatively va.ued at
i;
pointed out, "we spent $5,450,000 for
including the cost of acquiring
Currently, w.- have plans for {.pending
money
a'ready spent this year,.
With
including
feel that w> will
any
in' ".he
March
31
also
of
of
this
in
productive
have
iPdus.r// We
our
h
ca.
balance
facilities
intend to
amounted
;
168,
wi 1
of
be
thai;'
item
an•
included
.'.diaries,
,
the
in
of
said
were
will
we
wilt
that
$4,6G(7,9'68.
adequate cash for
to
in the mill vi'ixge of
individual, employees.
approximately $830,000
Incidentally, no part of
building?.
cash
to
have
.
earlier
balrnces
mentioned.
,
pending for the sale of other of our mill villages."
are
2326.
p.
that
maintain
houtex
svatea
sub
our
place
is
,
expansion,
Mills.
1849,
one
cash
'
.
Lynn
Gas
will
filed
notes
at
be
":7
Custodian
slock
(which
payable
on
awarded
was
see).—V.
167,
May
by
13
New
England
Electric
System
47.
p..
Magma Copper Co.—Omits Quarterly Dividend—
Charles
F.
President, announced that the directors at their
18 believed it to be in the best interest of the
Ayres,
meeting held
May
on
that
dividend
no
for
declared
be
cents
second
the
share
per
at
The
quarter;
quarterly
intervals
2105.
A
would
Portland
receivers,
Freimann,
has
15,
in
for
the
general
model
reduction
recent
follows
models
new
12
television
set
per
Magnavox
on
tele¬
to
130
in
have
been
ranging
to
latter
announced
added
for
inches for the
new
such
$279.50
in
size
from
copper
the
linn
for
mcst. elaborate
vary
as
in
Magnavcx
from
the
Screens
costs,
reduction
the
to
price
in
$1,500
combination.
material
basic
recently
prices.
models
square
now
these
a
receiver
radio-phenograph
inches
is
The
points out that
This
embraces
now
model
size.
screen
radio-phonograph
com¬
which
the
table
television-
60
square
16-inch tube receiver.—V. 169,
1992.
p.
Price
Mallinckrcdt Chemical Works,
New
1949,
1943
15.—V,
of
steel.
pany's
Several
statement with the
certificates of
selling
Prices—
$50
of
May
14,
has been announced by
Vice-President.
A
12-inch
tube model
$395
is now $349.50,
while a a'r-tube,
as
Executive
been
company
result
Fund
approximately
$279.50.
the
lowest
priced
set was previously $345.
reductions have been made as a
result of recent lowering of prices on picture tubes and in the antici¬
pation of further components reductions expected in the future as the
and
:; 7.
of
effective
inch
of this
square
The
announced a regular semi-annual dis¬
cr.
the Keystone Income Common Stock
May
Nov.
vision
Frank
l3/4%
mature
Co.—Reduces
Magnavox
reduction
price
investment.
for
used
Payments made
cents
Offered—The First
Co.—Stock
$78.50 per share.
The
1992.
p.
registration
a
Keystone
share
a
Electric
&
Boston Corp., Smith, Barney & Co. and Whiting, Weeks
& Stubbs on May 19 offered 15,175 shares of capital stock
Trust
interest, at
bear
new
Underwriter, Keystone Co. of Boston.
recently
cents
"S2,"
Lowenstein
Cotton
Lcwensteiu
Mills,
The
..
shareholders • of record
follows: 42 cents on
to
were
as
169, p.
Edward
the
Cement Co.—Filings—
St. Louis, Mo.—Elects
•
Mallinckrodt, Chairman of the board,
cf
election
President
This
1992.
Officers—
to
Joseph
the
succeed
cn
Vice-President
Fistere,
late Arthur
C.
Boyston,
May
18
announced
and
a
director,
who died on May
as
10.
which was founded ; by Edward Mallinckrodt, Sr., in
1867, manufactures fine chemicals which are nationally
and inter¬
nationally distributed to pharmaceutical, photographic, analytical and
industrial users.
; 7.;'
v7y7;;v7.
y
Mr.
Mallinckrodt, who has been Chairman since 1928, also an¬
nounced the election of Charltcn MacVeagh as Vice-Chairman of the
board and of Dr. John R. Ruhoff to fill a vacancy on the board of
directors.
Mr.
MacVeagh will also continue to serve as Treasurer.
company,
_
go
May
share.
to
16
a
letter: of
shares of common
notification
stock
was
with
filed
(par $10), to be
the
SEC
for
offered at about $13.75
Underwriter, Hemphill, Noyes & Co., New York.
Proceeds
Ackerman, deceased.—V. 168, p. 1694.
the estate cf Marion S.
Dr.
Leeds
&
Northrup
Philadelphia- -Registers
Co.,
With
Ruhoff
John
April,
The
a
and trustees of
outstanding common
company
company's
registration
"Stock Trust
statement
with
by
The
persons
employees'
SEC
covering
a
proposed
sold
of
2,2C0
by
are
the
to .be
York,
employees'
receive
proposals
sinking
fund
shares and 2.200
the deed of
available for purchase
made
already holding similar shares by
a
small
group
of
other
of
p.
$3.95,lli
1482.
technical
director
since
1946.
who has been associated with the company
Hanover
trustees
under
|
Sugar Co.—Offers to Repurchase Bonds—
Central
New
been
since
has been elected Assistant Secretary.
Manati
The
offering
way,
sale
shares
has
Gaston,
and
the
Shares."
The offering involves the
participating shares to be
trust.
deed of trust which holds all of the
preferred stocks on May 18 filed
a
E.
1946,
SEC—
of
000,000
46
1949.
Lawrence
Gatineau
New
of
15
On
514,030.6
by it and esti¬
distribution would
payment
promis¬
Co.,
owned
The
ox'
series
30.
7,000
per
distribution
Gatineau
System, now
of $34,000,000.
stockholders
Eastern
shares
New
value
Fund,
Apiil
of the
sale of
part
for the
debentures.
.
Electric
market
A
tribution
28,000
represent
approve
immediate
shares
two
46-Cent Distribution—
comporation
•
Our
of
On
Magnavox
headed
stockholders,
claiming
SEC
company's 67
plan calls for
1,370,748.8
England
class
10
of
York
New
would
National
notes
10,
interest.—V.
on May
12
300,000 shares
Proceeds
To Pay
May
committee
of
it
Hydro
shares
of
an
application by Paui H. Todd,
that the SEC modify its July, 1942,
of a new plan to reorganize the
filing
This
JJckson
International
shares
the
would be the portion providing
Gatineau Power Co. stock and a $10,000,000
$5,000,000 of
The
consider
stockholder,
second
a
announced
trustee's
off
A
permit
continuing basis.
on, a
by
shares,
to
to
was
class
plan
bear 2lAc/ei
company
covering
The
dissolution
May
Mellon
Y'r'C,.7V'--'•;'•■'•
market.
at
A
Shares.
The
""
matured
and
and
outstanding
two
our
accounts
we
outlays
equal'
the
60
now^held by The Farmers Deposit
amount
Pittsburgh
participation; series BA.
years,
class
and
months
The
Bartholo¬
bv
SEC
the
of
-
position. Mr. LowenHein ob¬
up slightly in unit.; from
pa'Icy to build .'inventories' in- the.
rtafouab'e inventory is necessary
are
market."
or
Mr.
Lane
in
not
However,
our
company had been paying 25
since March, 1947.—V. 169, p.
Keystone Custodian Funds, Inc., Boston—Registers—
of
mew
12
notes of like
The
annum
'YY
preferred
dissolution
in
Bank
Company.
per
on
cf
(The)
has requested SEC authorization to issue
the amounts of $1,800,000 and $1,200,000,
payment for
File New Plan for Dissolution—Ask SEC to
Consider It
Hearing
notes
sory
compared
as
of 1348.
Eliminating iiiter-cpinfirst three months of 1949 amounted
comparable 1943 term witnessed sales of
quarter
below.
Co.
•
were
volume
the
business.
cost-
1948,"
Orr
Act for authoriza¬
requested that the
companies
company
National
$41,795,215
unit
bidding
Kentucky & West Virginia Gas Co.—Note Issue—
cent
per
of
of
is
It
prices.
which
ICC on May 4 authorized the
company to assume obligation
in respect of not exceeding $2,050,000 2%% equipment
certificates, to be issued by the Irving Trust Co., as trustee,
Prices
expanded
I
Bankers Trust Co.,' New York, N. Y., has been
appointed New
paying agent and registrar for $10,000,000 first mortgage bonds
2%% series dated April 1, 1949 and due April 1, 1979.—V. 169, p. 1885.
liability
trust
1948."
in
an
May 9 the figure was $'"> 907903.
T'ds gives us
working capital and modernizatibh needs."
The
Belt
period
same
ard despite
s-le-s
were
company's inventory
good; inventories
modernization
these
Paying Agent and Registrar—
;
Harbor
lass
A
plant
eight
Kansas Power & Light Co.- -New Financing SoonSee
ir.
service
stockholders
liew equipment,--
first
year-end.
to
lower
purposes.
Holding Company
competitive
The
of
Co.
2104.
p.
tAfter eliminating' inter- '
SEC
program
corporate
stock,
from
sale
Trust
under
Kansas
Act.
the
construction
for
and
filed
exempted
that
its
Guaranty
previously
applications
from
Gas
part
from
Kansas
In
the
:
Proceeds
term
$2.28 *
and $1,000,000
'
falling
control
by
York
Indiana
of
order
—V.
with
statement
2,280,000
$4.54
1948
shares
sale
■
used
V.
16
the
finished
.."Negotiations
of its common stock (no par) would be
its parent, American Power & Light Co.,
100,000 shares would be issued and sold by Kansas
public
the
.sales
the
on
"Our
1948
face
this
Kansas Gas & Electric
in
$28,621,169, whereas the
Touching
in
2686.
p.
in
secured
year, however,
total co'.iroliclaied
$36,824,879.
Nil
Federal
.
'
1947
4,629,511
On
354,900
amounted
$1.26
preferred stock dividends,
transactions,
position.
$0.04
State
of
quarter
1,234,640
contingencies of $1,500,000 in
this
351,680,153
pany
$3,583
$54,948
248,246
—
stock—
share—,e_-_
common
for
amount
business,
with
1947
obligation
assume
procurement of certain
1884.
p.
all
These
taxes.
and liability in
respect of not exceeding $5,520,000 of equipment trust
certiiieates, series DD, to be issued by the Pennsylvania Co. for
Banking & Trusts, as trustee, and sold at 99.4715 and accrued divi¬
169,
$i.0J
U
1948
.
397.843
•
(& Subs.)—Earnings
Quarters Ended March 31—
additional
1949,
no
$1,220,476
$1.26
for
after
lower
$4,600,000
and
Withdrawn—
Illinois Central RR.—Equipment Trust Certificates—
dends
share—
Jefferson Lake Sulphur Co., Inc.
£S,le
V.
17,250
754,106
outstanding—397,343
common
Be
to
the
•
much
$1,991,832-
1008.
p.
1943
$23,621,169 $36,824,879 $24,287,564*
and
served,
$502,816
2105.
p.
biied in the first three months 'of 1943.
"Likewise," Mr. Lowenstein continued, "new orders taken la the
quarter of this year, in "terms of yards or units, were larger
57,550
14,609
—
169,
transactions.
'
7.
Lcwenetein, Chairman of tha.. Board, reported that the number
cf
finihed goods, an distinguished from dollars, billed in.
first quarter of :• 949 exceeded the number of units of finished;'
than
309,647
tax—:
3.3% .•—V.
of
first
$1,934,282
$827,072
income
week ended May 14, 1949,
with 32,403,000 kwh. lor the
decrease
a
year,
goods
1948
34,400 ;.Ov.
laa
units
the
'
.
for
1883.
v
d
etc
—-
Federal
Common
under
$1
became
same
P.
sales,
(Ky.)—Weekly Output—
compared
as
Leon
1.080,752.
$792,672
__
—
for
offered
company on May 17 filed a letter of notification with' the SEC
for 300,000
shares of class A stock (par 25c
1, to be offered, at $1
per share.
Underwriter, Cantor, Fitzgerald & Co., New York.
Pro¬
ceeds will be used for.
working capital, etc.
A registration
statement relating to 480,000 class A shares at
share
paid
income
•'Net
stock¬
the
for
company
ktoh.,
common
reserve
1347
mean
—V.
selling
to
go
company
123,841;", ' 115,108
—I
Total income
N. Y.—Files With SEC—
The
,
__
foreign
on
After
of
10,-
8,650,516
"" 1.0'f8.536
_
....
Net
111.—Filing—
Proceeds
Francisco.
——
avail,
1:1
31
'J;?...'
5,776,721
and - general
depreciation
profit
Commission
Interest
San
this
of
week
per
,
$7,761",770 ,$11,780,658
sold_,
admin,
Provision
and
1949
f
goods
Selling,
Chicago,
1335.
P.
output
^Balance
■;;.7;:',;
•
MONTHS
sales
The
Old
Goodwin,
169,
31,341,000
tSales
:
40 cents each;
10,
,
INCOME
Net
Corp.,
Quarters Ended March 31—
profit or loss
Ltd., British sub¬
any.
to Tntertype
2325.
p.
cents.
$600,000 principal amount ma¬
1949. leaving $11,400,000 principal amount
time.—V. 150, p. 841.
Hotelevisiois, Inc.. L. I. City,
/
Vv-
••
(M.) Lowenstein & Sons, Inc. (& Subs.)—Earnings—
on May
16 declared a dividend of 30 cents per-share
stock, payable June 10 to holders of record May 27,
quarterly distribution of 40 cents per share was made on
10,
last
while
in
1948
the - following
dividends were paid:
March
15,
present
&
corresponding
common
A
Of the foregoing obligations
upd
,'7.
$0.92
•__!•_
totaled
directors
the
on
viously had
the
.■•'■
letter of notification was filed with the SEC for 2,000
to be offered at market.
Underwriter, Walston,
a
Louisville Gas & Electric Co.
$203,641
221,749
—
from
the Bank.
[Dollar Sayings Bank, New York, which pre¬
purchased $2,000,000 of the motes, purchased 31.500.000 of
obligation r at par and; interest, for maturities in 1957 and 1953.
>?
common,
holders.—V.
25.000
•
share
above
Common
pur¬
;
15,000
Jaeger Machine Co., Columbus, 0.-~-SmaIler Div.—
1955,
15, H56, $600,000 clue July
15, 1956, $600,000
$100,000 due July 15, 1957.
the remaining $1,700,000 principal amount were
cf
Hoffman
170,000
15,000
15,
and
1249
V'Y
Carbonic
May 9
Earnings
purchased
were
G.r7"'7;;
Liquid
20,963
•
1_
-
share,.
Earnings
through
participating
i
334,505
$440,668
___
.
common
NOTE—The
1955.
securities
the
of
are
from
incl.;
purchased
1949
July
the
and
1958
were
bonds.
,
25,295
earnings
per
the
Jan.
April
chased
the
1S49
1948
by
the
anticipation of sinking fund requirements, the company purchased
April 1 to April 30 of this year $73,000 of first and refunding.
mortgage 5s due 1954 (stamped). The company then held $494,500 of,
Corp.Tax
.
(Neder-
(guaranteed
15,
15,
notes
of , then maturities
of
"Nederland"
July
1949-July
$200,000
while
■"Y 7';"' :V"
reserve
Provision
notes
dated
are
these
of
comprising- $300,000
due
15,
In
mortgage
due
are
share
per
,:'7'
$100.
( In
are
semi-annually Jan. 15; 1949-July 15, 1958 incl.
(d) $4,000,000 N, V. Stoomvaart
Maatschappij
offering
$118
and
at
by
Lehigh Valley Coal Co.—Purchases Its Bonds—
the'period
$541,740
expenses
taxes
..
are: dated
vote
any
initial
$116
offered
selected by the trustees and
The participating shares are
employees of the company and
price of the employees' shares
groups.
purchase
Revenue, hes'
Nc-derlandsch-Anicrikaapschc Stoomvaart-Maat-
15,
or
in
be
both
be
to
company
in
for
The
between
will
Electric
schappij "Holland-Amerika Lijn" (Holland-America Line) 2V27 secured
serial mortgage notes
(guaranteed by the Netherlands Government).
Jan.
Internal
against invest¬
ment' in British'subsidiaryl_--__,
45
V.
N.
of
contingencies
Additional
Reconstruction
has
Act
be
the
available
spouses.
will
shares
the
'
-J—
income
Provision
relating to
Netherlands
Bank
income
any
Telegraph
(net)-
sidiary.—V._ 168,
low).
&
,
,.
income
Reserve
Holland-America Line—International Bank Sells Notes
of Netherlands Shipping Companies—
from
their
plan,
of
persons
ox
made
shares
$115
,
of
trustee's,
be
.
admin,
profit
Other
$4,554,266
—
the
employees
spouse^
to
,
Earned
$5,231,229
———————_
Net. income
„
,
Number
1948
Sales
receive
will
Telephone
Commissioner
Net
FOR
dissolution
requiring
by
as
allocation betweenthe ■ preferred
purpose, since under the trustee's
no
shareholders
order
contend ' that
eligible
7,'G
*
plan
„
1949
During the same period it delivered, to the sinking fund trustee •
agreed that. interest
$336,000 bonds as part of a payment due Feb. 1, 1949, and interest,
paid and dividends declared by this corporation during 1949 are to be
payments due Aug. 1, 1843, and Feb. 1, 1949, and $1,500 as a purchase
regarded, im tax purposes, as income from.Sources w.tho'ut the United';,v; made with cash in the sinking fund, leaving in the hands of the'
States.
Such; income, when received: bynon-re.ideiGaliendndividi.ta Is,.company $157,030 of the issue as of April 30.—V. 168, p. 1904.
•'•.••'W/.
non-resident foreign
partnerships and non-resident foreign corpora¬
tions,"is not subject tc United Scates income tax during the year,4.949.
Liberty Loan Corp., Chicago, 111.—Files—
—v., 169, p. 2104.
:
t
"
'
•
The company on May 9 filed a letter of notification with the SEC
for 3,600 shares ($10 par)
.' Intertype Corp.—Earnings—
75c cumulative convertible preferred stock,,
to
be
offered
at
$15
per
share.
Underwriter, Sills,
Fairman and
3 Months Ended March 31—
1949
1943
1947
Ha) vis, Inc..
Chicago.
Proceeds w ill be used for working capital.—
*
Gross prolits
:n
$1,033,281
$837,405
$727,183
V. 168, p. 2009.
' ,
Tno
1950.
RESULTS
SEC
trustee's
Public Utility Holding Company
.'.solution.—V. 169, p. 1884.
c
Ruling—
ac¬
cumulate to the amount
of $25,000 the fund
shall in any event be
used to purchase or redeem prior preferred stock.
The privilege
to exchange each share of $4 non-cumulative pre¬
ferred stock into two spares of 5v
cumulative prior preferred stock,
par
50 cents each, and 20 shares of common
stock will expire on
serves
retirement
'777\\:';:
the
the
final
after
assets
criticizes
Monday, May 23,
from
approved an amendment to the
cer¬
which the par value of the common
5
under
by
1942
arbitrary
that
neither class of
required
the
other
with
CHRONICLE
stock.
They, further
and
International
"
2103.
p.
with
Hydro.
shareholders
A
preferred
unfair
an
preceding
preferred stock from 56,000 shares to 53,760
during the last two years of 2,240 shares
the
announced
were
for
stockholders
A
and
FINANCIAL
&
sharenolders".. motion
compliance
International
retirements
$15,000,000
tificate
not- In
calls
as
was
Provident
preferred
and
a
sinking fund."
that it has no intention
the
debentures
pian
it
Mutual
$4.67
proposal to increase the
shares to 1,500,000 snares and
750,000
company stated
•additional common shares.—V.
"
3,346,966
744,376
—
approved
17
from
authorized
reflect
operation of
The
-
747,876
3,695,821
-
Increased, Etc.—
reduce
shares
outstanding,.
share—
common
stockholders
authorized
to
shares
common
to
all
The
1948
1949
sales
distributed
or
(The) Hecht Co.—Net Profit Higher—
Years Ended Jan. 31—
Net
COMMERCIAL
N.
at
Y.,
for
bonds
Bank
prices
will
the
due
until
sale
Feb.
not
& Trust
to
Co.,
as
paying
]
p.m. (ED3T)
on June 9. 1949,
it of m amount
of 20-year 4'*»
1, 1957, sufficient to exhaust tho
exceeding 102Va, and interest.—V.
"
7 7G';Y'
.
,
agent, 70 Broad¬
sum
166,
'
Volume
169
THE
Number 4805
Masco Screw Products Co.—Earnings—
:/•
Calendar Years—
Net profit after charges and
Earnings
1948
$128,513
1 $0.36
$139,003
1
share
per
1
taxes,
$0.38
■*
.
territory.
i
the
For
only
gas
1946 *
$71,293
1947
COMMERCIAL
was
first
industrial
$0.20
.for
gas
Alex
customers
Corporation
ing
8,000
filed
has
shares
Ohio—Registers With SEC
registration
a
its
of
lease
to
the
of
statement
stock
common
shares
8,000
in
(no
with
par).
exchange
in
for
election is
the
portion
substantial
«xftei*
income
charges
No.
shares.
*$693,359
$323,487
564,800
568,400
570,000
$1.24
$1.22
$1.03
executives
as
that, gross, expenditures
postwar*
current
Vice-President
/
Nelson
are:
Bond,
been
McGraw-Hill
with
Sidney
will be
Patrick
price
distribution
the
Mr.
that
until
board
available
to
&
Weiss has
elected
been
Weiss,
Mr.
company.
a
member
a
the
board
$10,730,299
revenues
Uncollectible oper. rev...
Operating revenues
$10,688,509
8,745,171
1.007,579
7,664,369
822,061
25,118,225
3,153,391
$935,759
$597,640
$3,082,417
$2,083,442
700,159
508,843
after
—V.
charges.:_„_,
169,
1,200,000 shs.
$1,194,667 shs.
L,
stock
other
i$l
series
of
Minneapolis,
31,
•
Additional bonds
be issued)
however,
be issued upon compliancewith the
of mortgage and deed of trust dated
Minneapolis
1948,
certificate
number
Gas
Co.
been
Vice-Presidenl
and
stocks
of
shares
47,533
and
initial
An
stock
common
for
reserved
exchange
share
dividends
paid
cents
1,100,000
was
the plan
under
to
May
10,
outstanding
all
on
The
for
on
company
13,496
change,
shares
percentage
share of
Parks
Air
Lines,
Inc.,
the
on
for 2.4 shares' of Parks Air common—V.
common
basis
169,
of
Petroleum
Qtr. End. Mar. 21—
Gross sales,
and
1949
.
1943
—V.
$31,639,568
&
Co.,
Roland
169, p.
A
the
paid
was
pre¬
present
stock
Feb.
on
dividend
second
The
the
of
names
stock
45 +
Inc..
&
Stone,
of
20
$35,898,048' $24,134,144
$16,999,551
"The
19,920.935
14,027,578
10,510,102
further
2,736,524
2,377,159
2,059,334
1,745,534
$6,901,828 $13,599,954
$8,096,772
$4,743,914
*59,456
*353.045
4
.t
profit
from
sales
credits
inc.
met)
46,536
*107,619
other
in
before
Leaseholds
and
on
$6,948,364 $13,707,573
1,604,390
offered
and
1,710,036
403,143
state
$5,096,960
M.
Dain
1,218,214
315,375
528,643
1,583,000
4,675,000
2,482,500
$7,007,163
$3,869,129
purchased
&
and
each
by
are
1,857,912
$1.81
1,857,912
1,857,312
1,857.912
on
sale
of
$3.77
capital
$2.08
assets
in
the
move
will
In
during
part
of
the
1947
vailed
for
year,
and
in
substantial
inventory
profits, peak prices
were
unusually
large.
all
N.
on
with
an
the
Wood
&
Ashley
service
and
Current
new
station
sales
in
records for each
assets
as
of
March
of
31,
on
were
$70,652,666
and
January,
those
1949,
including the lesorvc of
iiiCome, were $19,056,804.
taxes
The
February
On
and
1949.
5
Co
May
of
H.
17,
Dec.
for
1948,
31,
were
Federal
and
.
C.
during
gas
a
predecessor
in
cu'rernt
$22,833,404.—V
the
with
its
Dakotc.s
North
by
in
the
is
company
to
of
consisting
com¬
and
system
own
the
facilities
sale
facilities
authorized
has
Cooperative,
and operate
the
electric
and
properties
with
a
1o
con¬
7,500-
plant in the vicinity of Beulah and a 69extending from Beulah to Bismark, Linton,
Ellendale. A substation will be located at each,
the
is
facilities,
$4,033,600.
the
by-laws
member
a
to
The
through
financed
be
grants
agreement
facilities
at
time
any
an
upon
board
directors
of
May 9,
when Stuart S. Ball,
-
amended
has
the Presi¬
a
meeting
who is not a director,
made
was
the
of
to eliminate a requirement that
board.
The action was taken at
the
of
on
filed
President, it was disclosed on May 17 when the amendment
with the Chicago Stock Exchange.
by-laws formerly specified that directors "shall elect from their
The
number"
own
Committee
Chairman
a
and
amendment
who
need
number
cf the
board, Chairman of the Executive
L. Avery occupies both Chairmanships,.
President with Vice-Presidents and others
President. Sewell
The
the
puts
be
directors.
An
directors to nine.
All
not
of.
Mr.
Ball
advanced
was
(The)
to
by-law change reduced
the
positions on the board were filled
earner
President.—V.
169,
2106.
p.
Edwin
Mosler Safe Co.--Treasurer Elected—
H.
Mosler,
announced
is
N.
Y.
V.
70,
and
is
has been
Jr.,
May
on
President
17
by
elected
Edwin
The
Protectall
fourth
generation
of
the
Treasurer, It,
Edwin,
director
and
Mosler,
a
H.
President.
Manufacturing Co. of Syracuse,
of the family in the business.—-
840.
p.
.
.
.4
Munsingwear, Inc. (& Subs.)—Earnings—
1948
1949
sales
$5,086,084
after
income
charges and
share
per
298.600
on
loss.—V.
169,
$4,900,343
*9,967
193,70.?
$0.65
taxes.
shrs.
com.
outstdg.
Nil
1671.
p.
Nassau & Suffolk
of
grain
in
and
in .the
in
reported
by
loading
should
it
be
its
authorization
unsecured
to
notes
$3,800,000
borrow
maturing
used
redeem
to
$2,820,000
of
May
outstanding
3J,
first
bonds due Oct.
and
of
lias
V.
1, 1949, at their principal amount plus inter¬
$700,000 of bank loans due June 30, 1949.
The
would be used for property additions.
The SEC?
interested
given
167,
repay
$280,000
persons
until
May
1337.
p.
26
to
request
hearing.—
a
<
National Airlines, Inc.—Earnings—
'
Month Ended
from
grain
first
the
and
than
and iron
greater
in
iron
Feb. 28,'49
Operating
revenues
8 Mos. Ended
' $136,542
—
Feb. 29/48
Feb. 29,'48 Feb. 28,'49
$1,379,261
$5,356,989
$7,384,110
expenses
1,068,153
456,911
7,640,583
7,089,611
revenue
$311,108
*$320,369
*$256,473
*$1,732,623
9,480
Operating
Net
11,074
116,421
oper.
Other income deductions
inter¬
(net)
general
Federal
the
classes
Period—
months.
three
be
decreases
during
would
011
interest.
to
months of
with the
four
to
other
in
and
2 V2 '/<
mortgage
balance
of
four months..
ore
shipments
income
taxes
"Loss.—V.
$331,443
$301,628
169,
47,493
Cr363.443
______
income
Net
be
possible to overcome a
and, with a normal grain crop, have
compare
favorably with those achieved
will
bearing
banks
basis for optimism.
next
revenues
part
grain
least
commercial
est,
comparison
by
is expected
ore
traffic
months,
at
1950,
Lighting Co.—To Borrow—
has requested SEC
company
four
*$372,894
*$1,416,672
2106.
p.
National City Lines, Inc.—Earnings—
1993.
168.
act
Trust
Co.
Co.—Scrip Agent Appointed—
of.
York,
certificates
purchase additional
Broadway,
stock scrip
140
as
agent for holders of capital
wish either to sell their scrip
p.
Trust
Co.,
of
and
paying agent
series, due 1979
or
New
ill.
:V/i
York
New
for
-
;\
revenues
$8,066,177
$7,851,994
$7,527,798
$4,006,725
Operating
expenses
7,140,401
7,088,363
6,723,177
3,653,703
$925,776
$763,630
$804,621
$953,023
199,498
213,779
313,758
220,615
$1,125,274
$977,410
$1,118,380
$1,173,638
from
Inc.
Other
has
$2,000,000
Total
offering
been
appointed
additional
in V.
169,
first
BUSINESS—Company
is
communities.
and
in
was
The
a
gas
public
business
was
first
established
1870 to produce and sell manufactured
later extended into adjacent, suburban
operations.
income
income
476,093
'
.
p.
1670).—V.
'
*
' ;■
169,
income
Net
shares
Com.
________
Missouri-Kansas-Texas RR.
a
joint
statement
and
board,
lailroad
is
V.
D.
not
in
issued
Fraser,
Not
—
"This
of
company
has
merely
given
has
Houston
property,"
Recent
houses
the
Development
financial
Bids
The
office,
trust
notices
office
011
to
Katv
with
for
Interested
610,193
$543,085
$563,443
1,415,363
1,415.363
600,000
$0.38
$0.35
$0.94
outstdg._._
1,394.563
$0.43
Finan¬
NOTE—The
in
flected
R.
Morfa,
J.
emphasized
connected
Houston,
interest
Park
purchase
Chairman of
that this
1947
$30,000,000
Ltd.,
fact
the
with
a
operating
above,
except
of
to
the
dividends
in
and
$81,339.
$21,314.—V.
received
whatsoever in
Industrial
approximately
a
projected
this project,
Development
23
acres
of
V.
Equipment
Railway
from
2106;
p.
168,
p.
&
Realty
Co.,
2010.
(Including
Katy
construction
of
ware¬
by
Equipment Issue—
Co.—Earnings—
National Cylinder Gas
Corp.
the Katy Park Industrial
mistakenly connected the M-K-T railroad in a
the development,
the statement pointed
out.
Houston
taxes.
partially-owned subsidiaries are not re¬
extent of dividends received, which aro
first three months of 1949, 1.948 ami
from Los Angeles Transit Lines amounted
only
1947
169,
income
For the
in other income.
Wholly
Quarter End. Mar. 31—-
announcing
at
to
for Federal
Texas.
said.
buildings
Corp.,
way
financial
the
statement
press
and
no
option
an
16,
May
on
President,
financially
anyway
building project recently announced
and
575,294
$580,316
I
cially in Houston Building Project—
the
397,093
$649,181
deductions
trustee,
mortgage
Earnings per com. share
isee
1946
1947
1P48
1949
—
Operating
York,
New
3 Mos. End. March 31
"Including provision
assets
Co.—Stock
company
Minneapolis
authorized
Co.,
.1944.
first
the
a
fuel
income
net
in
reasonable
a
Despite
and
substantial
of
1781.
.
State
agents:
suburban
Utilities
Committee
committee
Earns,
revenues,
gross
costs
$1,770,421,
to
highest
the
see
of
amount
which
Guaranty
bonds,
March
current
utility oper¬
ating company engaged primarily in the business of purchasing, dis¬
tributing
and
selling
natural gas in
the City of Minneapolis and
by
be
"Other
The
..
and
First
National Bank
of
Minneapolis
and
New
York Trust Co.,
New
York, and registrars:
Northwestern
National
Bank of Minneapolis and Chemical Bank & Trust Co., New York.
adjacent
has
proposed
of
purchase
corporation's
Net
April
increase
169, p.
who
B,
registrar
p.
$67,409,227
$1,583,000
liabilities
current
Gas
AND.
3294.
p.
line
of
loan
Executive
of the
Net
5
$4,000,000.
over
However,
able to
trend
few
deficit
in
will
Y.,
In
COMPANY
Inc.,
and
to
company
the notes,
the
Mississippi Power Co.—Trustee, Etc.—
months.
were
Subscriptions—Of the
104.285 shares of common stock (par $1) offered for sub¬
scription by stockholders of record April 20, 95,242 shares
were
subscribed for at $11 per share.
Rights expired
May 4. The unsubscribed (9,043) shares were taken up
by the 1 underwriters.
Transfer
164,
a
rural
option to
assumption,
of
mortgage and loan contract. However, the company is
obligated to acquire the properties and to assure the liability on the
promissory notes when the principal aipount of the Cooperative's debt
to the United States has been reduced to $2,419,800.—V. 169, p. 111.
the
included
Minneapolis
Smith
Quarter Ended March 31—
2121.
p.
Any
generating
cost
electrification
Co.,
Co
&
on
rising
reorganized
scrip to obtain full shares.—V. 169,
demand for petroluem products increased substantially in. April!
gallonage for the year should equal or exceed last year.
liabilities,
and
was
company
at
held
high
by
amounted
year
are
the
next
the
Guaranty
series
in earnings
total
Bulk
1947
anticipated increases
based
0:
The
pre¬
prices
established
lien.
(Including Wholly-Owned Subsidiaries)
products1 and earnings
The
in the first quarter of 1949 is due principally to
received
for
certain
petroleum
products,
particularly
lubricating oils, waxes and heavy fuel oils, to reductions in allowable
crude
production by
State
regulatory authorities and to increased
costs,
While volume of sales was off in the first quarter of this
lower
the
in
continually
disappointing.
we
record
new
income
Mission Development
quarter of 1948 the demand for petroleum products ex¬
supply.
Crude
oil prices
had
increased
near
the close
resulting
reduction
of
deficit
The
in 1948.—V.
re¬
first
the
Commission
Cooperative
follows:
as
ceeded
the
Proceeds
undoubtedly be offset in
with the Canadian Pacific
business
period;
in- its quarterly statement, further
company,
Power
agreement
an
Estimated
5
E.
shareholders
a
company
substantial
a
year.
change
earnings
The
below.—V.
merge
these utility
promissory notes.
for
The
addition, the movement of iron
ore
$19,650 in the 1947 period, and $270,961 in the 1946 period.
ports
net
somewhat
last
$1.25
'
1948
Co.
Montana-Dakota
from
and
wages
the
earnings
However,
$2,862 profit
by
or
possession
town.
5%
Co.,_
Woodard-Elwood
5
previous
since
estimated
will
$2,313,826
Capital shrs. outstdg.-..
Earnings per share^_._
0Includes
the
the
over
year
are
In
1,200,000
$3,357,831
income
sale
of the
other
said, would
interest,
their
of
Mr.
transmission
to
30 this year is less than it was at
the same time last year.
We have a larger carry-over of grain than
a
year
ago
and indications that the Commodity Credit Corporation
.1,054,490
586,384
unpaid
delivering
by
or
cf such
bondholders,
inequitable.—V. 163, p.
Cooperative,
to
to
not
was
Inc.
Harold
5
established
in
period of 1D48
The
taxes
income
Net
$8,156,229
accrued
satisfaction
2105.
electric
cents
underwriters
several
be
Jolinson-McKcndrick
10
__
produced
record
material,
any
"The
surrendered
abandoned
Federal
1948
the
increases
1949
depr.,
depletion, etc.
Depreciation & deplet.'n
in
and
American
Federal
*Net
same
'
Income
and
auction,
Montana-Dakota Utilities Co.—Acquisition—
1781.
year
exceeding
increast
Net
.
Other
account
on
10,
stock
common
now
to
J.
15
At
the annual meeting cf the
Grout, President, said in part:
1946
22,001,216
deprec. & deplet.i™
Sell., gen. & adm. exp.
public
claims
unfair
North
The
Earnings Disappointing—
-Earnings
...
payment
1781.
p.
1947
(exclud
sftlcs
of
Subs.)
(&
for
Missouri Power & Light Co.—Probable Financing—
See
one
less returns
allowances,..•___
Cost'
Corp.
and
bonds, he stated, can be recognized
cash of the full amount of the claims
in
principal
the
Minneapolis St. Paul & Sault Ste. Marie RR.—Current
Mid-Continent
paid
serial
payment
at
of
grossly
was
unsubscribed
of
Allison-Williams Company,,
A. C. Allyn & Cd.,Tnc.___i.
May 6 filed a letter of notification with the SEC
of common stock ($1 pan, to be offered in ex¬
stockholders of
to
by
for
treatment
be
common
dividend.
Piper, Jaffray & Hop wood
Airlines, Inc.—Files With SEC—
amount of such
on
the secured
face
been
had
follows:
Model,
Mid-Continent
$1,000
per
*
'
.
.
secured
.
for the same period no dividends
such earnings having been used for
bondholders
when
chare
on
20.
outstanding
on
per
1949,
April'
this
UNDERWRITERS—The
the
Kalman
1993.
p.
only
collateral
to
Jr.
Tuttle
169,
the
secure
arid that
secured
collateral
dent
of
payment.
stock..
common
of. record
receive
20
of
present
was
to
as
Treasurer.—V.
adequately
was
dividends
quarterly
substantial
dividend
the
on
August 1945t has been elected Executive Vice-President.
William A.
Rhaesa, for the past four years Assistant: Treasurer, will succeed Mr.
as
to
Montgomery Ward & Go., Inc.—Amends By-Laws—
irregular in amount and time of
1949.
since
Treasurer,
urges
Bank
National
Northwestern
to
shares
of
and was increased to 1,200,000 by amendment
incorporation effective Feb. 26, 1949.
cf
Includes
stockholders
has
The value of MOP
trustee.
authorized
Dec.
+
par)
i973* series, bends; may
niay,
the / indenture
of
1948,
1,
1
■
.
No; additional
per
who
$1,900
interest
no
years,
Wishek,
($100 par):
Michigan Consolidated Gas Co.—Changes in Personnel
Tuttle,
about
that
13
kilowatt
4.024 shs.
4,448 shs.
entitled
Henry
for
kilowatt
$11,000,000
4,024 shs.
1,835,290
2,384,506
far
indebtedness.
struct
•
4,448 shs.
were
1670.
p.
Oct.
stock
have been paid by the company and its predecessor, Minneapolis Gas
Light Co., in each year for the past 20 years.
During the period
prior to July 30, 1948, all of the outstanding common stock <44,000
shares)
of
Minneapolis
Gas
Light
Co.
was
owned by
its parent,
American
Gas
&
Power
Co.
and
the
dividends
paid on such stock
22,002,007
2,659,502
Net
due
series
the
$9,084,070 $31,354,033 $26,744,951
expenses.,
taxes
income,,
cumulative
DIVIDENDS—Regular
Operating
oper.
Outstanding
Authorized
,
series,
series
ferred
Operating
Net
.
integration arid simplification.
1949—3 Mos—1948
is
been
paid by the NOTM,
improvement of NOTM properties
the
Under
8,254 shs.
at
$9,129,455 $31,478,639 $26,881,718
45,385
124,606
136,767
41,790
had
of
committee
proposed on the ground
from a fair, adequate or
terms
approximately 82%
of
the capital stock of
This collateral, he said, has a value
total amount of principal and accrued unpaid
to
stated
bonds
pany
5,841 shfc'.
tThe
Michigan Bell Telephone Co.—-Earnings—
Operating
stock,
provisions
directors ;
bonds
the
bonds*,
serial
secured
granted,
Mexico Ry.
the
to
amounting
Dakota
re¬
5,841 shs.
(f)
194.9—Month—1948
serial
not
8,254 shs.
of
of
equal
Electric
scries
*
and economist of Bache
the
5V4 %
MOP
be
the
on
constitutes
He
balance
series
of
of
partner
funds
from
the
offered
*
Common
Co,, also is a director of the United Stores Corp.—V. 169, p. 1992.
Period End. Mar. 31—
business,
its
$5.00
l.
is
who
of
operation
$5.10
:
duties July 1.—V. 169, p. 1885.
new
least
bonds.
out
including
$5.50
-
April
bonds
Orleans Texas &
interest,
program
$3100'
•
Oct.
this
the
construction
1949
1973
*
on
retirement last
Kirkpatrick will assume his
George
finance its
from
it
bonds, 3%
mtge.
Preferred
'■
by J. S. Thompson, Vice-Chairman
for, the
carried
were
his
•
Editorial Development, Mr. Kirkeditorial planning and public rela-
of
$340,000;.
general plant,
$1,845,000;
the
1,
McLellan Stores Gov—-New Director Elected—
of
plant,
W
company'intends
funds
1st
1936.
Director
responsible
tions activities
of
since
director
a
serial
New
,:CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
years.
of
Vice-President, and
As
20
editor of' "Chemical Engineering," has been
the McGraw-Hill Book Co,, of which he
Vice-President?
has been
than
more
Kirkpatrick,
D.
a
Co.;. and
All have
for
par
$2,500,000.
.
Manager and a director of the McGraw-Hill Book
James E. Blackburn, Vice-President in-charge of circulation.
authority
bonds
equitable recognition of their true value.
He pointed
out that
the collateral pledged
These estimated construction expenditures, based
levels,
will be
distributed
as
follows:
Production
■
They
for tenders of
such
tender
to
of
payment
assume
;
election' of
ask
to
should
not
the
the
seeking
storage facilities.
of
tliree of its
the
Business
elected
additions during
property
provisions for depreciation and retained earnings, and:
procured by means of short-term bank loans and from
Advertising; Hugh J. Kelly, Senior Vice-President and
Director of
and
for
property
proceeds from the sale of common stock now
quired to retire the presently outstanding bank loans.
announced
on April 28
new
directors.
that
$2,359,500.
aggregating
that,
bondholders
bondholders
The
Elected—
Vice-Presidents
company
1948
year
Advises
Committee
Thompson, bankruptcy trustee of the road,
A.
authority
stated
the
•
provision of $150,000 for contingencies.
New
stock' will be
the
of Guy
ol
of
This
petition
of
the
on
572,000
$1.42
_
the
during
1949 will amount to about $2,500,000.
plant, $315,000;
$705,833
share......
per
After
'Jt
of
sale
RR.—Protective
DeLancey C. Smith, Chairman of the protective committee for
holders'of the 514% secured serial bonds, commenting May 16 on
These expenditures will
total,
$797,827
made
gas
&11
taxes,.,
of common
Earned
*
and
from 'the
proceeds
Pacific
expansion program required to meet
the increasing demand for gas -service.
The largest portion of these
expenditures for new facilities will be spent, to expand and reinforce
the company's distribution system and to provide additional propane
1946
1947
Co.^on
Power
payment of the cost of additions to utility property of
The proceeds from
the
presently
outstanding bank
by the company toward payment of the cost of gross
estimated
is
the year
Earns.—
(& Subs.)
1948
1949
&
subsidiary corporation organized
was dissolved.
a
the latter company
additions
continue
of
McGraw-Hill Publishing Co., Inc.
Quarter End. Mar. 31—
Gas
used
were
It
.
net
$261,400,
Missouri
Against Tendering 5%% Bonds—
court
American
as
company.
property
which will be used for
general working capital purposes.
The stock is to be offered at $100
per share.. No underwriting is involved.
mately
toward
the
loans
made, a balance of only 2,614 of the share will remain
proceeds of the shares are estimated at approxi¬
The
gas
was
to .the'general funds of .the company and applied to the payof. bank loans in the amount of $750,000 presently. outstanding.
and
agreements which authorize the holders thereof to elect
therefor either 2,401.12 shares of common stock or an equal
sale.
of
gas
assets and assumed all of the liabilities of its pre¬
PURPOSErr-The ynet
merit
of the sublease acres now held by the company.
The manage¬
anticipates that all option holders will elect 10 accept shares.
If
such
natural
:Y
incorporated
was
and
Delaware,
added
number
ment
straight
'7
(2211)
at
gas
option
accept
mixing
the
1947,
of
3,
decessor, Minneapolis Gas Light Co.,
the SEC cover¬
Corporation has
oil. and
for
1,
Nov.
1928 in Delaware,
and pursuant to the provisions of the
plan
oi- integration
and simplification, duly consummated on July
30,
1948, charged its name liom American Gas & Power Co. and
,
2,677.88
On
distribution
;\y.v. :'.:*v
company
May
sub¬
leases upon 2,677.88 aeresof land in Runnels -County; Texas.
It also
has sold 307 shares for cash.
In addition, the company has issued
issued
the
and
acquired all of the
Maumee Oil Corp., Toledo,
1935
for
and
to certain large
natural or water-
for. direct sale
mixing with reformed
in
distribution.
general
initiated;
The
78 years company and its predecessors have been
operating in the City of Minneapolis.
Natural
introduced
discontinued
was
Manoogian, President stated that the company's expansion pro¬
gram
is now complete and all operations are in the new Dearborn
plant. "Due to certain economies effected by the management and
greater
efficiencies
resulting
from
modern
facilities,
the
earning
record has been
maintained
in the
lace
keen
of
competitive condi¬
tions," Mr. Manoogian added.—V. 168, p. 47.
oyer
utility
gas
CHRONICLE
FINANCIAL
&
Sales
Net
com.
share
1946
1947
1948
541,598
$5,358,474
506,117
$4,600,775
74,403
$0.36
$0.35
$0.33
$G,277.100
519,716.
per
169,
Domestic Subsidiaries)
1949
$6,256,,552
-
income
Earned
—V.
'J;
■_
Owned
$0.37
702.
p.
National Distillers Products Corp.—Transfer
will receive bids up to noon (EDT) May 24 at its
for the purchase from it of $2,550,000 equipment
certificates, third series, 1949.
The certificates are to mature
Agent—-
company
St.
Louis,
semi-annually Dec.
15,
1949,
through June
15,
1964.—V.
169,
p.
2105.
The
New
transfer
shares
ot
York
agent
nc
Trust
Co.,
New
York,
N.
Y.,
has
been
Appointed so'a
and dividend disbursing agent with respect to
par
vamc
common
stock.—V. 169. p.
2106.
10,000.000
8
THE
(2212)
National Fuel Gas Co.—To Borrow—
The
National
applied
has
company
lrcm
$5,000,000
would
the
borrow
prior
$5,000,000
to
to
similar
for
and
SEC.
funds
The
construction
The
would
and
used
be
storage
gas
made
Dec. 31,
by
The
company
Boston
Coi p.
of
interest
for
Corp.
4,
Co.
1£0, p.
1993.
Cross
and
in
the
Corp.
offering
and
Massachusetts
with
Fir.%
\vhiting,
123,100
were:
associates
Companies
Boston
reoiicred
shares
the
Boston
common
shares
New
the
week
Smith,
are
Barney
&
approved
$20
$1
to
shares
ol
of
change
a
share
per
in
and
stock
common
the
value
par
increase
in
7,503,000
May
Tnis
for
161,669,000
th'.s
13,
is
Association
for
reports electric
875,347
of
decrease
a
kwh.
the
kwh.,
output
6.02%
or
corresponding
week
15,131
CrGO'J
2,667
taxes
5,100
5,200
8,000
7,400
$108,531
$126,733
$171,523
$160,520
$0.0J
$0.11
$0.14
$0.11
year
to
succeed
Olficers
P.
revenues
1949—Month—1948
1949—3 Mos.—1948
$13,614,726 $12,978,959
..._
oper.
24,611
rev-
income
oper.
$39,973,020 $38,393,386
28,012
62,446
-
73,499
$990,838
charges
$985,528
$3,209,327
399,137
520,367
1,454,610
.
$3,395,134
1,980,219
Cuts Dividend—
The
directors
May
cn
17
declared
second
a
dividend
quarter
per shere, payable June 30 to stockholders of record June
This compares with $1.25 per share
paid in each of the four
of
$1
10, 1949.
preceding
quarters.
Tne company announced
cline in earnings,"—V. 169,
that
preferred
par)
dividend
"reflects
de¬
a
and
new
cost
its
p.
stock.
The -proceeds
from
the
bond
sale
be
construction.—V.
168,
profit
Earnings
"After
Subs.)—Earnings—
1949
1948
charges
For
the
and
payable
$0.93
$1.21
rand
"Since
the
reduced
with
end
from
slab
%c
per
the
zinc,
prices
in
$250,000
in
each
of
part:
the .market
March
of
17
President,
said
price
pound
lL'/ac
to
other
of
of
slab
zinc
pound.
products
has
In
been
sympathy
have
also
As. is usual under such unsettled price conditions, demand
declined.
Any
appraisal of the future
must
necessarily
await
the
establishment
to
ill
of
health
after
35
mining engineer,
W.
market."
Cox
has
service.
of
elected
was
settled
more
a
Charles
years
succeed
to
lesigned
Arthur
Mr.
from
Cox.—V.
board
the
Notman,
of
consulting
a
169,
than
the
New York Central RR.—Equipment Trust Certificates
The
ICC on
May 11 authorized the company to assume obligation
in respect of not exceeding $10,725,000 2%% equipment
certificates, to be issued by J. P. Morgan & Co. Incorporated, as
trustee, and sold at 99.2299 and accrued dividends in connection with
liability
certain
a
be
to
new
of
1949,
directors
to
devoted
product,
net
reinvested
was
the
to
clothes
a
earnings
declared
shareholders
1947.
of
with
the
Ltd.—V.
profit
Earns,
dryer.—V.
record
of
May
of
There
has
purchase
169,
ol
been
$1
block
of
169,
1949—3 Mos.—1948
"$931,514
"$363,403
share--
Nil
Nil
Sales
for
the
nine
against
months
ended
$33,677,755
March
lor
tne
change
1949,
oi
of
as
$7,044,717)
against
operations
management
calendar
March
will
that
show
No Action Taken
is
announced
operations
profit,
a
the
directors
ordinarily payable on or about
31, last, made a 3%
payment in
due
loliows:
30,
thai
at
March
31,
cents each;
30
time.
30
for
running
the
barring
last
six
Dec.
June
plus
20,
30.
stock
action
no
The
in
20
37'/a
cents
of
to
and
paid
extra;
cents.—V.
Norma Oil Corp.
& Co.
as
(par 40c)
$1
at
The
the
corporation
of
purpose
interests
June
169, p.
therein,
oil
the
producing,
products.
corporation
and
in
It has
leases
in
in
three
Co.,
New
New
Jersey
30
were
in
but
principal
and
Comptroller—
George H. Albach, Assistant Comptroller since 1941, has been
ap¬
pointed Comptroller of the New York Central System, effective
May 11.
109, p. 1994.
V.
New York Life Insurance Co.—New
ident
has
of
the
been
New
Sept.
3.710,862
been designated
Insurance Company,
Life
Treasurer,
it
was
Harrison, Chairman of the board.
Vice-President and Treasurer and
Vice-President.
Mr.
fch
also
Harrison
Assistant
istration
charge
Mr.
and
of
announced
Vice-President
Vice-President.
Mr,
public
I ane
Mr.
Paynter
Bevan
by
12
had
had
Vice-Pres¬
David
and
May
C.
dated
succeeded
was
as
May
H.
A
stock
Ciass
B
stock
"If
L.
been
Assistant
an
director of
been
169,
John
Thiemann
had
12
was
President
bv
Vice-President since
1933.—V.
as
Branch
H.
Lane
as
Assistant
an
Office Admin¬
Assistant
an
Secretary
in
2106.
p.
Chairman
Wesley
J.
Gilson,
1994.
p.
of
the
who
board
and
been
had
a
New York State Electric & Gas
SEC
corporation
proposing
cumulative
the
preferred
Proceeds
of
to
applied
term
Will
the
notes
be
used
($100
stockholders
and
18,
1949
discharge of presently
issued
for
to
new
meet
Riddle
an
estimated
73,333
end
of
shares
May,
proceeds
of
requirements
169,
p.
and
of
common
1949,
outstanding $4,000,000
construction
construction.—V.
New York
will
of
the
be
short-
balance
!S78,
Ycrk,
are
N.
now
available
Y.—V.
169,
p.
at
the
3'/a%
bonds,
Bankers
Trust
2106.
the
Nixon
will
interests
located
in
in
April
that
from
will
the
RFC
in
service
E.
these
that
Convair-Liner
be
was
George
by
said
Gardner
Mr.
program,
June
1
on
installations
and
parts will
spare
loan.
carried
continued
in
April.
gains
1949,
1948
over
compared
traffic,
in
22.232
to
March,
1949.
of
This
the
miles
figure
scheduled
increased
in April,
to
169,
flown
be
90.28%
to
1949.—V.
were
March
in
of
2107.
p.
Pacific
has
169,
Ry.—Equipment Issue—
issued
from
it
invitations
of
1949,
15,
for
$6,450,000
and
in
bids
received
be
to
equipment
mature
to
trust
serially June
June
1
certificates,
1950-64.—
15,
1994.
p.
output
this
of
60.648,000
kwh.,
(Minn.)—Weekly Output—
the
for,
company
compared
as
week
with
ended
May
57.528,000
increase of 5.4%.—V.
an
13,
kwh.
1949.
for
the
169. p. 2107.
Co.—Earnings—
1949—Month—1948
1949—3 Mos.—1948
$8,577,563
$7,679,398
$25,187,634
22,549
21,954
57,755
65,416
revenues.
58,555.014
$7,657,444
$25,129,879
$22,500,506
Operating
expenses—
6,574,898
6,238.957
19,100,777
17,696,745
Operating
taxes
1,054,364
797,751
3,187,300
2,618,809
$925,752
$620,736
82,841,802
$2,184,952
727,548
530,567
2,259,145
1,906,553
revenues
rev._
oper.
$22,565,922
Operating
23
Net
Guadalupe
oper. income
after charges
Net
—V.
168,
1673.
p.
Norwalk Tire &
This company
first
2106.
series
Co.,
16
E.
due
Wall
Feb.
St.,
1,
New
of
sum
$25,000.
which
well
at
in
used
Operating
the
of
totaled
the
year
forma"
new
15%.
basis.
to
Nash's
equipment,
the
at
in
12
for
our
the
pro
sales
-
to
the
or
^
of
net
months
$15,843,000,
than
coal
of
1946;
amounted
Creek
capital
etc.—V.
-
record
volumes
Freeman,
April 25.
hours,
were
11
of
President,
Freeman
said.
than
more
$1,284,000.
The
ture
.
Trust
Co.
81,000,000
The
land
which
(Conn.)
amounting to
recently sued
attached
covers
five
tracts
of
acreage
the
the
by
West
Kentucky Coal Co.
its sales for March
9.7%, but
tons, exceeding by 36,856 tons
9'
v ;'
"L
North
American
earnings
are
$18,414,000,
trust
company's
holders.
New
Main
12
in
company
the
Street
amount
plant
The
suit
bank,
was
as
a
in
behali
trustee
of
the
or
Light
shown
$2.15
on
a
Power
&
a
"pro
share of
March ,31, 1949.
Pro forma
months ended; March 31,
1948,
a
share.
forma consolidated net income
and. earnings of our present
four
other
Norwalk
of
sub¬
firm's
and)
Tire',
deben¬
charged
it
States District Court,
attachments,' returnable
to Superior Court, Bridge¬
as
follows: H. Muehlstein Company, Inc., ot
Hecht, Lewis & Kahn, Inc., New York, $50,000:
Bibb
Manufacturing
Co.,
Macon,
Ga.,
$75,000;
and
United
Baltic
Corp., New York, $60,000.
They .were also placed against the five
company-owned tracts,,
Conn.,
New
York,
filed
were
$50,000;
'Attorney William A. Kelly of Cummings & Lock wood law firm,
Stamford, Conn., counsel for the Norwalk Tire & Rubber Co., on May
filed
18
New
a
motion
in
company.- The
York
would
Superior
Court
injunction,
prevent
the
to
brought
company
dismiss
by
the
from
an
T.
Ohio Associated Telephone
Period End. Mar. 31-
Operating
Uncollec.
revenues....
oper.
Operating
revenue.
revenues
expenses
Operating taxes
injunction
A.
starting
ceedings.
Motion was denied by Judge William
injunction cn May 19.—V. 169, p. 2107, 1894.
Operating
reflects
tire
Haven, Conn., returnable within twenty days.
The
port,
ended
$1.85
than
more
Norwalk
land
of
With having defaulted on its obligations.
Attachment on May 18 was ordered by United
the
increase
billion cubic:
an
Shea
Net
Net
income
charges..
oper.
after
against
Maguire
Co.
bankruptcy,
of
pro¬
heard
who
the
Co.—Earnings—
1943—Month—1948
1949—3 Mos.—1948
$287,266
$252,248
$872,633
811
697
2,432
2,092
$286,455
$251,551
$870,201
$756,15?
221,903
218.063
657,561
625,570
32.573
19,130 F.
$758,249
105,504
70,238
$107,136
$60,349
subsidiaries,
offsetting the loss of dividend income to North
by reason of its distribution of assets since March 31, 1948,"
more
of
York
New
,
of
liquidation
earnings
"The increase in
gains
sales of natural gas
Sales
July,
the
C.
meeting on
billion kilowatt
1.46
consolidated
for
new
Herbert
high of 671,661
of
They
net
reported
American
on
Additional
\
attained
1.949,
decrease
a
monthly
American,
gains
wells,
annual
59th
and
ago
record
effect
stantial
such
started
$10,000.
additional
of
totaled
of
subsidiary,
a
North
their
at
1,536,000'tons,
previous
Giving
Co.,
a
increase
a
of
by Major A.
"complete drilling of
company
will
already
cost
company
quarter
electricity
over
an
the
Co.—Reports Record Quarter Volume
of- this
first
stockholders
for
net
...
utilities
in
the
company
been
May 18 by a barrage of attachment
Five companies filed
attachments
on
property.
adjoining property at Norwalk.
to
1994.
p.
leet,
sold
chiding
700,000 shs.
proceeds received,
this issue, estimated not to exceed
on
the purchase price of the oil
The
has
The
300,000 shs.
from
pay
estimated
an
North American
Mr.
to
its
$1,500,000.
"Outstanding
sold.
are
Rubber Co.—Attachments Filed-—
hammered
was
against
the Town Clerk's olfice at Norwalk
in
700,000 shs.
———__
offered
Block
be
consolidated
Telephone Co.—Definitive Bonds Ready—
refunding ' mortgage
in
the
reached
the
cent)
being
and .equipment
exploratory
in
were
Definitive
per
record
and
for
300,000 shs.
intends
leases
gas
Sales
par).
the
1
cents)
of organization and of
and the first instalment
of 8.7%
a
before
(par
now
company
business
registration statement with the
competitive bidding of 40,000 shares of
at
stock
40
,
Co.—Registration—
financing, together with
$3,000,000 from the sale of
common
to
sale
filed
the
approximately
■fctock
16
May
on
(par
expenses
funds
elected
169,
shares
The
the
told
The
3
Boston., Worcester, Maine, the Cape,
needed to
operate
such
a
pro¬
radio
the
88.09%
June
Uncollectible
York.
Authorized
Class
169,
on
by
Period End. Mar. 31—
Y.
N.
Bevan
George
previously
been
appointment of
A.
been
Thiemann
relations.—V.
Snyder
cents
25
Jan.
announced
was
Northwestern Bell Telephone
offered
Counties, Texas, identified as Denman, Nixon Block,
and Bishop leases, respectively.
principal officers and directors are: Major A. Riddle (Pres.
Ireas.j, Seguin, Texas; Mack E. Moore
tVice-Pres.), Luling, Texas;
Norma Riddle
(Secretaryi, Seguin, Texas; Seymour Felder New York.
$15,000,
the
and
had
announced
Mr.
Financial
New York Power & Light Corp.—Personnel
Changes—
Otto
York.
announces
in
1948,
operated.
Electric
Gonzales
Treasurer, Etc.—
has
Jr.,
York
elected
of
holders of
to
on
$1,750,000
Northeast's
Northern States Power Co.
CAPITALIZATION
Paynter,
dividend
1949
1,
equipment
engines,
Airlines
proceedings
K.
be
The
—V.
Richard
spare
purchase
tctaled
are
Feb.
owns
all
areas,
to
of
Loan—
of
it
Convairs
New
possible
company
the
be
as
of
property
of
1
disbursed
statement,
finance
new
passengers
April.
The
acquiring oil leases or
and
selling oil, gas and other
Sc-guin, Texas.
buying
real
no
Trust
business
office
an
owns
as
16,
his
to
five
Northern
of
2107.
These shares
&
incorporated
engaging
The
gas
Guarantee
was
mineral
the
Operating
Agent—Title
used
loan
Offered—Cantor, Fitzgerald
-hare.
per
shares
Sept.
on
on
cash
a
was
a
May
this year and to 92.75%
speculation.
a
stock
common
four
paid
July 1 to holders
Scrip certificates will
of
payable July
for
Additional
25,945
In
offering 300,000 shares of class A participating
are
stock
new
each
be
Exchange Commission.
declared
corresponding week last year,
Stock
—
of
for
will
announced.
and
19
In
between
made
actually
dividend
1948
Co.
held
cash
in
share
cne
Light
instead
amount
granted
be
Northeast
for
the
posi¬
Union
require¬
1782.
p.
President.
such
be
with
on
March
dividend
company
iieu
dividends
its
of
April, -1948. and 19.654 in March of this year.
During April. 1949, 4,829,184 revenue passenger miles were llown,
showing a marked increase over the 4,117,498 in April cne year ago
conditions.
the
on
in
are
difficulty.
basis
loss,
a
months
unforeseen
the
Airline Show Continued Traffic Gains—
March
at
and
Islands.
gram,
to
took
Cash
cents,
and
are
subsidiaries
on
shares.
stock,
like
company's request
routes
and
Dividend Due June 30—
on
that
quarter
A
includes
the
weie $19,139,938
(including
liabilities of $9,168,083.
current
$53,009,000.
money
of
&•
1949,
2,
May
on
169,
which
1949,
current
the
ioi
believes
year
31,
new
stock
previously
common
will
? 948.
assets,
Aug.
fractional
1949.
funds
since
amounted
ended
the
Gardner,
$3.76
peiiod
to
is subject to receipt by the North
American Co.
Power & Light Co. stock from North" American Light &
liquidation
and
approval
of
regulatory bodies, also,
directors
The
$2,399,437
31,
of
Power
the Securities
of
approved
Anglo-
of
$0.74
same
SUBSIDIARIES
amount
without
programs
Northeast Airlines, Inc.—RFC
loss.
$25,712,291,
31,
Light
program
of
common
as
in
Co.
1, last.—V.
share,
$437,814
?.
BY
distribution
cn
1949—9 Mos.—1943
.
taxes—
com.
&
American's
North
financing
$2,000,000
Co.
3,
lieu
10.
Year Ago—
a
that
Kansas
record
June
in
The
also
Corp.—Operations Below
$4,782,025
PLANNED
Usual 25-Cent Cash Dividend Declared—
Larison,
New
of
approval
2107.
p.
1,090,317
$1.56
at
per
shares
Power
liquidating dividend
of
American
Power
in
13.
substantial
a
large
a
205,976
1,222,280
FINANCING
construction
its
about
partial
This
manufacture
estimated
are
dividend
a
alter
per
"Net
and
equipment.
new
earnings
994,500
Liquidating Dividend Dates Changed—
of The Kansas
experienced
the .end
at
Huronian,
trust
the procurement of
the
15
year-end
Transfer
and
1943
new
1116.
p.
need
$8.50)
North
a
been
has
Due
(par
the
been
81,680,000 after the transfer of $1,000,000 to "Reserve for Investments &
Contingencies" which reserve, after writeoffs, is some $269,000 greater
lowered.
directors
and
quarter
company
normally
per
zinc
to
has
satisfactory results from operations in
the year 1948, with earnings of $4.45
per share, compaied with earnings
of $3 per share in 1947.
Surplus was increased in 1948 by approximately
It
taxes
of
$2,800,000,
$0.61
income
the four years for reserve for contingencies).
Henry Hardenbergh,
June
The
$1,188,426
Federal
in
inventory. This fall the company will
Joseph, Mich., built and equipped at a
in St.
wasner
first
share
the
1946
$2,368,121
$1.41
and
out
and
plant
$2,491,842
1,158,307
192,084
Missouri
stated
planning
Partial
share
the
1947
$1,824,908
share
per
$2,400,000
equipment,
Automatic
Current
(&
Assistant
He
is
will
Co.
and
1647.
over
$3,439,232
subsidiary
and
Co
AND
and
finance these
record
$18,500,000
Light
Light
Freeman
to
earnings,
ana
employment.
Sales
last
Anniversary year, were above $42,000,000
product.on,
&
1948
subsidiaries
and
Light Co.
"
through 1950, expecting io raise not more than $40,000,000 in
capital before June 30, 1950,| in addition to $5,000,000 of equity
company by North American.
The Kansas
Power & Light Co., which is in
process of selling $10,000,000 30-year
mortgage bonds, expects to raise from $5,000,000 to $6,000,000 addi¬
tional senior capital toward the end of 1949.
Missouri Power & Light.
used
$2,760,184
—
Secretary
achieved
company
&
1949
$6,011,903
and
issued
the
Missouri
of
common
follows:
as
of
highs
told,
were
•
holders
were
American
the
on
operating utilities are proceeding with their new construction
exceeding that of all previous expansion programs under¬
by them," Mr. Freeman said.
The total construction expendi¬
budgeted for the remainder of 1949 by Union Electric, Kansas
The
served as
Vice-President.
subsidiaries
earnings
shortly to be furnished the
and
Vice-President
Gray
quarter
planning has
>
Mr.
approximately
oi
Although
Qtrs. End. Mar. 31—
Vice-President
elected
was
in¬
new
C.
Elisha
of engineering;
manufacturing; Fred
Assistant
North
to
12
received
from
ments
Louis
of
Noranda Mines Ltd.—Earned $1.56 a Share in
Quarter
cash
New Jersey Zinc Co.
Potver
June
253.
p.
election
cnarge
of
American
respectively,
distributed
or
ended
comparable
rate
a
Mr.
1782.
Net
will
Cooper
Executive
as
approximately
of
in
Cudmore,
C.
R.
company's Fiftiet.i
additional
of
E.
President
stockholders
holdings,
an
Upton,
charge
sold
$1.48
periods
the
North
ago
$200,000,
Kentucky Coal Co. and subsidiaries
tion
company.
sales,
the
S.
in
year
and
both
been made possible by an acceleration in the de¬
heavy equipment by manufacturers who in recent months
have been making more progress in
catching up with the giant backlogs
of orders accumulated
during and immediately after the war." •
1782.
p.
advancement of
and
Co.
Power
"This
President, Etc.—
Vice-President
and
later
the
increase
open
Frederick
Period End. Mar. 31—
Light Co.—Financing—
for new construction.
Funds from the preferred stock sale will reim¬
burse company's treasury for $1,300,000 of working capital spent during
the 12 months ended April
30, 1949, and the balance will be used for
"Net
31, 1948.—V. 169,
the
been
American's
livery
President.
as
Leonard
Noma Electric
the SEC for permission to sell competitively
mortgage bonds, due 1979, and 20.0G0 shares ($100
first
in
smaller
the
has asked
company
Electric
Power
March 31, 1949, were equiva¬
stock compared with a
directors
a
EARNINGS—First
North
Kansas
taken
common
of
procurement.
1948,
year,
buaiu
V.ce-Pres.dent
becoming
dollar
1672.
p.
New Jersey Power &
The
$3,500,000
B
on March
17 /announced
the
were
Treasurer.
Beiore
per
after
class
share
Geldhof,
Secretary;
charge of
In
him
fc.
MacGrath,
Fresident,
in
of
reelected
Funk,
Operating
revenues., $13,590,115 $12,950,947 $39,910,574 $38,319,887
Operating
expenses—
11,637,434
11,171,526
33,755,224
32,196,916
Operating taxes.
• 961,843
793,893
2,946,023
2,727,837
Net
the
of
May
on
Chairman
to
Approximately
Net
the corporation on
snare
per
corporation
Gray
an
New England Telephone & Telegraph Co.—EarningsPeriod End. Mar. 31—
Uncollectible
oi
assets
since
during
"Our
at
share
have
periods
$1.23
that
fact
$3,o00,000
to
PLANT EXPANSION
estimated
lass. B
months
the
for
Total
34,150
8.948
'
which
ol
Union
$219,367
29,811
adjustments
three
to
ALONE
$10,555,000 $12,698,000
$0.30
income
net
CO.
1949—12 Mos.—1948
1S46
$217,472
$16.92
Upton
below
a
■
.
Operating
1947
due
amounting
AMERICAN
$2,555,000
Three Months Ended March 31—
West
1943
income——.:-
Assistant
May 13 week is reported at 156,442,000 cu. ft.
5,227,030 cu. ft., or 3.23% below production of
for
(he corresponding week a year ago.—V.
169,
ft.
cu.
stocks
on
7,405
per
to
R.
of
21C6.
p.
SEC
38,394
NOTE—Net
the
decrease
a
the
by
approved
plan
a
Eastern
and
8177,737
Treasurer;.
14,547,513
cutpui
is
with
Niagara
1,525
director of
Gas
accordance
41,095
net asset value of $16.73 per
to
an
from
ago.
This
1949
Nineteen Hundred Corp.—New
17
from
ended
of
in
Buffalo,
Electric
210b.
p.
kwh.
13,672,1(6
of
•Exclusive oi gain or loss from sales or disposal of investments.
lent
offering
England Gas & Electric Association—Output—
product.on
Corp.
subsidiaries
The
etc
income
Kenneth
For
iis
$156,252
for
'-Net
Earn,
the
at
23Vs.
at
Lie
in
and
NORTH
$0.30
,
corporate
was
SUBSIDIARY
109, p. 2106.
_
taxes,
^ear
The
May
on
number
8,500,000.—V. lo9,
Cf
of
in
1P49
vestments
Weeks & Stubbs.
stock
common
authorised
31.
tures
stockholders
the
the
Electric
consolidation
expenses
Federal
Changes in Stock—
The
cf
Niagara
sh.
common
OF
1949—3 Mos.—1948
$2,259,000
1949
stockholders.
1949,
certain
income
Prior
following prices: Boston Edison, at 42%; Lynn Gas & Electric, at 78 '/a;
Western
March
c.>m-
application of corporation for a six months'
within which it must dispose of its
an
Quarter End. Mar. 31—
Provision
Boston
Associated
15,
uune
on
Missouri
common,
First
Commission
Months Extension—
1,
and
and
1945 —V.
Interest,
included
stock,
The
Co.
Buffalo
reorganization
Power
Co.,
Tube
15,175 shares Lynn Gas & Electric Co.
and 8,607 shares Western Massachusetts Companies.
1
:
and
May
$0,479,£83.
The
Edison
the
INCOME
taxes_
reduction
months
has granted
from
in
i\iay 18 awarded to a group headed by The First
blocks of utility company stocks on a "basket"
on
by
a.m.
SEC Grants Six
extension
Eleetric System—Sells Utility Stocks—
three
heard
NET
after
per
The
umaends
General
bid
10:00
at
be
income
Earns,
Niagara Share Corp.—Earnings-
Sutler, Pa., d.cd May 9 at the age of 60 years.—V.
New En?land
will
argument
Oct;
President and Treasurer of the Fretz-Moon
Pox,
J.
has fixed June 8 as the date for reply briefs
jn the pro¬
on the plan lor consolidetion of three operating subsidiaries
corporation and the plan for dissolution of Niagara Hudson.
mencing
(Pa.)—Obituary—
National Supply Co.
Danu
Net
SEC
The SEC
thereafter.—-V. 169,-p. 1229.
1949, and 2V\rir
Oral
programs.
credit
to be
the subject of a future application to
the Commission.
The
would mature in nine months and bear interest at 2%
until
notes
CORPORATE
Period End. Mar. 31—
0
the
cl'
Monday, May 23,
Mer¬
on
upon
would be made under a $10,000,000 bank
into with Chase, the remaining borrowings
borrowings
agreement entered
CHRONICLE
ceedings
further application to the
Iroquois and United for their
only
but
purposes,
FINANCIAL
ger—
The
1950,
31,
May
borrow
apply the proceeds to the purchase at par oi 24,786 shares of Iroquois
Gas Corp.
common
stock ($100 par)
and
75,000 shares of United
Natural
Gas
Co.
common
stock ($25 par).
The balance would be
used
&
Niagara Hudson Power Corp.—Hearing Date
the SEC for authorization
Bank, New York.
to
National
Chase
COMMERCIAL
$3.1,979
$14,358
16,479
4,013
71,514.
.
28,554
Volume
Ohio
169
Number 4805
Power
Definitive
Co.—Definitive
first
THE
Bonds
Ready—
cates
bonds, 3%
series due April 1,
1978, are
at the Central Hanoi'er Bank & Trust Co.,
Broadway, New York, N. Y„ iii exchange for outstanding tem¬
porary bonds—V. 1C7, p. 1591.
..
now
ready
for
mortgage
at
delivery
Electric
Co.- -Hearing
The
Financing
on
to
has
issued
order giving
an
interested
until
persons
not
request a hearing upon
the bond financing proposal of the company.
Company 'proposes to issue and sell, at competitive bidding, $10,000,000 of first mortgage bonds, series due June 1, 1979, cue proceeds
'of which are bo be used to finance in
part its construction program
and
to
$3,500,000
repay
169,
Other
of
outstanding
short-term
2107.
p.
•
bank
i
'
:
',
••
•
,
.
Oliver United Filters,
less
The
loans.—:
profit
Earn,
'
1949
issue
1947
ceived
»
S1SG.462
$85,694
$0.95
$0.43
•
$32,844
'*
"After
current
charges,
NOTE—Current
the
on
awarded
"
"
were
to
1.
The
company had
on hand
pavings notes at March 31, 1949 of
." ■
liability.
--.-Results
of
forth
pet
ties.
ratio
a
S.
of
5.4
Treasury
.tax
which $790,010 were applied to tax
Net
freight
on
bid
a
of
&
These
99.77566,
naming
2 '/a %
a
have
for
in
"•>
500
coupon,
were
heavy
by
this
70
of
cars
July,
it
-was
the
announced
will
cars
be
on.
built
Operating
/ The
company
hydroelectric
a
is
scheduled
This
and
double
that
•'
located
Yuba
the
and
end
the
on
will
of
add
1951,
River,
35
miles
1995.'
169,' p.
the
of
old
plant,
of
:// ■'•'/ "
-
doubling
of
Period End. Mar. 31—;
the
and
system's
expenses
Divs.
(nd
Francisco
lor
listing
Stock
tNet
Gross
:
'
'
;
to
v.
-
Period End. Mar. 31—
Operating
and
Uncollectible
•'
oper.
Operating
Telegraph Co.- —Earnings— :
assets.
/The
-
Operating
expenses—.
Operating
Ry. Co.,
taxes.-.-/-/—•-
2,989,993
8,553,682
Net oper.
Net
—V.
169,
income.
$683,419
1,598,898
.
1947
$80,860,770
Z
-''•
4,000
/
••'/
8,540
$2,400,694
1.947,812
$7,472,417
,$7,284,977
4,676,508
6,592,924
114,872
$31,021
1,639
77,000
4,000
Z $816,806
"32,501
$639,846
"136,951
212,000
.
.
35,000
.
C?
tions—
Motor
Car
Co.—Resumes
■
Full-Scale
•'./- .//"■•■/
/
$111,634
$25,382
$572,305
$467,895
Approximately
.of
the
brakes
South
8,006
company
caused
of
Packard's.
Bend, Ind.
The
11.000
employees
due
suspended operations, April 28
by the strike at the Bendix
would
41,047
and
1949
169,
31,208
$123,523
607.
p.
in
162,585
loss
1948
_
The
•
fixed
v
return-!o-v.ork
notice
was
Aviation
////. / '•Z: /"/
all
to
sent
Corp.
except
of: thp
which
Commerce
been
oh
Commission
this
of
merger
had
the
Packard
had
manufacture
will
removed
its
•
and
dies
from
assemble
Bendix
the
its
:
,
vaih*oad
approved
May
into
reaffirmed its
•% Ohid
17
169,
Pictures,'Inc. (& Subs.)
Fiscal Years Ended—
.Net earnings
Dividends
Common
—
after all -charges
and
went
to
for
share———
common
per
-taxes
•and
'49
thereon,
record
as
a
court
obtain
to
gains,
earnings
rahd
Canada
of
to
revenues
extent .of
the
countries,
only
the
Including
representing
owned .non-consolidated
NOTE—The
assets
leaving
a
included
in
•Z
the
of
net
and
United
outside
and
capital
government
States
and
v
balance
$81,628,553
working
cash
the
additions
fixed
to
sidiaries, $3,500,000
000
for
1948
year
were
.
this
United
of
to
the
accept
stock
same
the
partly
liabilities
and inventory
.approximately
V.
1 k
169,
Pictures
of
the
cash
no
stockholders,
,•
cash
outlay
of
•
•
"
.*
'
'
-
168,
be
to
31 .will
-
,
,
■ ■ '
.
on
that
be
^reflect'
integration
mill
and
of
at
•
.
'
The
-
,
j
sales
the
title
May
on
/
Vice-President
and
of
Agency
Vice169, p. 807.
of
the
assume
•
title
16.—V.
Co.
of New
Hampshire—Regist. Bonds
Commission, .are to be used for the company's construction
including the repayment of short-term borrowings for such
169, p. 2108/ /
: ;
:
Co.
Issued
request hearing
j
of
Oklahoma—Hearing
order
an
giving interested
the proposal of
upon
Plan—
on
until May 24
issue and sell, at
persons
to
company
50,000 shares of a new series of preferred stock,
The proceeds of the sale would be used to
$100).
date
Service
principal
The
Co*,
Electric
of
.Co.,' trustee,
Electric
of
4%
the
New
of
such
for
program
the
year#"
;////",/•'/' /
first
will
Jersey
Gas
&
mortgage
paid
be
Co.—To
"
bonds
gold
June
on
bonds, upon their surrender
J'ersey City, N. J.—V. 169, p.
at
Pay Bonds—
1,
of
United"
the maturity
1949,
the
Commercial
Trust
2108.
market
open
the next
for
thg
higher
in
the: further
Is
in
the
of 227
oldest
Fulton
of
A
is
principal
■
also
of
stockholder
Highland
Presidentr~of
Mr.
Stackler
-
is
President
Chicago firm.
company .manufacturers
and
' 7*.
President
- 111.,
is
assets
used
the
to
buy
71,000
proposed
dividend
>
'
is
shares
the
object
to
of
not;-less
at
the
management
than
$80,000,000*
price
average
an
$45.15
of
make
or
a
a
a
»'
:
directors declare a
in
the amount oi
stockholder that
capital distribution
by
Oct.
17,
1949,
management
for
A.
freight
market
at
at
to
-rejected.
David
.
the
to
the
force
was
•/'-.
'
it
reduced
'."/''' //"' / '■ ' '■■/'•.//
tenders ,.ur
Watch
'
->-■■
services
to
/
resolution
Crav;fpvd,
.
price
and
capital
// •/.
-
share
a
manner,
outlook
the
not
is
$57.50
this
311
also
,
that
stated
there
exceeding
not
excess
,
President
"is .bleak"
cars
a
use
/.:
records
of
in-;
- J
closing,
-
the
shoe—women's
50 years.
that
-
new
plans
equipment-to
help
•
bv
leading
•
chains
wear—^hosiery—men's
•"•J •
J --'
present
use
call
for
service
single
a
orders'
for
Inquiry in
the
present.
v
•
-
.
.
seen
the
time
a
when
there
such
was
a
dearth
in
Mr.
-capital
He
Crawford
postwar-
this
i:.~.
said
backlog. of
attributed
subsidiary.—V.
■'
the
M.
■
W.
Kellogg
here- and
orders
substantial
a
part
1889.
169,. p.
of
\
Co.,
subsidiary, has a sub-,
catalytic crackers.
a
-abroad
for
Pullman's
Z
...
backlog- to
$220,000,000
/
s
•
'
.
"company's
new
developments
for
this
field
is-a
in¬
of
for freight ■ cars as now exists," he added.
"We feel
that
drying up foreshadows, a decline in the earnings for this division
the second half of the year."
stant.ial
sizable
never
this
•
-
have
quiries
and
wear—and
-
additional
the
"I
r
opening and
every
.
*
,
.
^
'
lock
RCA/Conimunications Inc^-Earnings—
•
1
The
■
.
electric
output
Period End. Mar. 31—
;
Total
this
of
company and its, subsidiaries for the
14, 1949 amounted to 140.346.000
kwh,, an increase
0
..'V-4'°°0 Jcwh., or 1.5% f over the corresponding -^-eek of last year.'
—V. 169, p. 2107.
*
oper.
Total 'oper.
1949—Month—1948
,
:revenues___;
$1,066,686'
'
964,342"
expenses
1949—3 Mos.—1948
$1,037,072
$3,040,648
1,013,673. 1 2,822,830
$3,220,774"
3.019.47S
'
...
23,299
217,818
201,298
1,350
102,344
Dr 3,200
Dr6,165
Other communication in-
Philip Morrli-& Co., Ltd., Inc.-—New
President, Etc.—
.
/
A^0d.--/E. and
Lyon, President
Board
the
-
Chief
since 1945, has been elected
Executive
Chairman
<
™/70mas
Oliicer.
-
The
income
3,430
.
Ordinary
$24,749
$105,774
—;■
$214,618
income—non-
$195,133
*
-
.
communication
;
...
,
7,088
25,128
15,878
$239,746
$211,011
8,356
/
"
.
designation
Executive
tratiVe
Officer
Officer;
company's
of "the
ind
were
of-
Chairman
the
-made
p.
removal
of. W.
D."
George
Co.
in
has
the
Board
serve
to
as
•
•
-
serve
as
Chief
Chief Adminis-/
changes In the
"
>
as
-trustee
of
the
S. "District
Court*
at
ordi-
from
20,396 /
.
C.
.
19,084
•
/
62,581
57,972
$177,165
$153,030
$92,466
-—370
(Cr)_
Extraord.
income
Extraord;
inc.'charges^
$14,021
38,202
1,843
11,747
14,862
33,542
36,497
$81,089
$37,361
$145,466
$181,317
36,280
23,599
70,840
88,693
$44,809
$13,762
$74,626
$92,618
,
and
Randolph
company
recommended ; by
$33,105
$112,862"
Deductions
•-"y
Removal Recommended—
been
U.
to
by -appropriate
1231.
Pittsburgh Rys.—Trustee's
;The
the
of
President
possible
by-laws.—V. 169,
Pittsburgh Motpr Coach
Meyers; Special nraster
*
/
Oper.
-
'
f
;who has been Executive Vice-Bresident since
the Presidency.
In his new position/Mr;
will- also1 serve as the company's Chief" Administrative
been elected to
o
come
of
Officer.
^ar^cer -McComas,
at
'*
Pittsburgh,
Acting on a petition filed by the SEC and
Jujjes Guggenheim,, the
Special Master held tht Mr. George was a director and a stockholder
the Peoples First .National Bank <&
Trust Co., which Is an indenture
64,775
•
,
-
.
.
,
•
k
'
income___
/ Net
Deductions from net inc. '
of
trustee
of
several
of
the
Pittsburgh
Mr.
George
Railways company's subsidiaries.
The
ruling heid that
was
not
a
disinterested
person,
.within the meaning of Chapter 10 of the Chandler Act.—V.
169/p. 1996'.,
1
Net
■1
—V.
to
inc.
transferred
earned
169,
p.
surplus
1996.
•
The stock at present'
approximately $10. a share for the. purpose of reducing the capitaliza¬
tion was voted
down by" a majority of the stock represented at the
meeting.. .The. management-was. opposed to this Yesolution.
Another resolution by a stockholder that the company call for stoclc.
Corp.,'
Central
the
of
of
Products
share.
a
acceptance
was
special
Vice-President;
Metal
tho
But
ago
0" The
of
and
Fa'fk,
the"Wilmac
by
and
to exceed $53.14
'be
.
purchases
the discretion of directors.
entirely to
around $34 a share.
the latest authorization
year
share.
Street; New York
time recording
manufacturer
the .price
'
ago,
of
^
the
are'left
year
a
of. tenders or. purchases in the open market. /•
the board proposed and stockholders approved .the usa
up ~to
$15,985,882 to purchase the company's capital stock. Up to
November*, when purchases were terminated only $3,205,586 of tfhifi
>
-v">
Stackler
is
purchase
used
1950, the date.of"
16,
~
.
authorization
share' capitalization
either
the
/
previous
to be
quoted
that
diversification
Metals
'
/
May-12/announced
the
event is
no
by tender, between now and May
or
annual meeting.
iit
As
Under
Perfnanente
,
stockholders on May 17 granted the management authority to
$12,780,296 to purchase shares of the company's capital stock in tho
The
use
methods
20%
Philadelphia Electric Co.—Weekly Output— /
/-
\
will
of Offi¬
.
...
.
_
volume
approximately
especially- designed for all glass* doors;
■
-PennsyUfa*iia-RR.-^-Equip. Trust Certificates Offered—
A group headed by Harriman Ripley &
Co*, Inc., and
Lehman Brothers won the award May 18 of
$10,425,000
equipment trust/ series X %xk% equipment trust • certifieates, due $695,000 annually May 1, 1950 to 1964, in¬
clusive. Issued under the Philadelphia plan/the certifi¬
on
on
•
-
'■ '
the
Public
receive
Permanente," Calif., * and" the
mill" at, Newark,; Ohio,'.'. Mr.
cable
1366. •'
nation's
and
Among
-
,
.
share
per
Co.—Title
part, the company's construction
1949-1951.—V. 169, p. 2108;.
.// ; ■
;;
v"""
will
foil
•
p.
the
Sidney
Zucker
market.
nis new post, at Paramount on May 23;
will remain as'Eastern Publicity Manager lor Para¬
and--Norman
Sicgel as Studio Publicity Director.—J
••
Service
--
approxi¬
--
cents
12Va
finance/In
' / /-"-
•;
reported
„
.
investments- in
and
stock
of
Insurance
relinquish
and
announced
was
bidding,
was
settlement -involved:—
',/ 'i
eluding reentries-to the-premises.
Phelps service has been in continuous
for.net
company and sub¬
bank debt* $8,369,common
dividend
a
Life
will
Agencies
(par
.
will assume
1995.'
'
with
" ' " "
>
.
rod,./bar,/;Wire
independents-in
as
Washer
p.
the
-
---Mr. -Zucker^ said
Balaban,, ^President,
,
*
roads
two
for
past- 2Va years,
.
the
-
announces
the appointment
of
Max
Director of National Advertising, Publicity and Exploita¬
tion.
Mr./Youngstein, who has been Vice-President -in charge -of
"Advertising Fublicity and Exploitation for Eagle Lion 'Films for the
Ben
of
>
another
New Advertising Director Appointed—
v
.
,
year
includes--weekly-.typewritten
:
$8,600,000
the company's
the company's
mately, $37,000,000, in dividends, or a total
mately $59,000,000 in less than 2V2 years.
mount
of
merger
/>■•■
••
and. greater
drug -field for-over
"'*'/"■
"
;
.
1949, shows
of
$13,664,405,/
of $42,483,137.
-
Cowles
of
cumulative
Phelps Time Recording
Lock, which, when installed on the door of a store or
factory records
the
exact time; of every
locking and unlocking. The Phelps service
1,
disregarding dividends, which would have been paid if the shares had
been' outstanding on the several dividend payment dates.
Thus, we
reduced our outstanding capital stock by 12.21%
and we paid approxi¬
Barney
>
Chicago,-111.,'
net
Youngstein
1
Service. >Inc>,
•'
.
Jan.
said
Mr.
[ Between NOv-.
"i
'•
said.—V.
company,
York,
of
warrant
/
/
competitive
a share, both payable
May 28 to stockholders
brings 'the year's total dividends to $1.46 per
This
/>./■•- •
Mac. E. Zucker
States
New
Mutual
The .SEC has
to
Phelps Time Recording Lock Corp.. N. Y.—Acquisition
City,
payment of dividends to stockholders, with the result
working capital decreased $10,420,000 during the year.'/ /
11,- 1946 and April 26, T948, we reduced our common
stock outstanding in the hands of the public to 6,588,139 shares by
the" purchase Sf 916,133 shares at .an -aggregate .cost- of - $22;392,OO0
that
V ,"."/ '
,,
fiscal
year.
operation
locks.
year
$67,964,148.
The current
assets
securities of $32,372,460,
all located
Investments
shares
the
Phelps Service Corp.
■r
of
as
in
earnings
for reduction, of
of
direct
>,;y'" v V
for
received
.
sheet
current
spent
we
18."
/--This corporationand name of the
of
Canada,
assets, and
acquisition
$13,788,000
the
of
Barney .Balaban, President, states in the report:
/ During
/
provision
Paramount's
undistributed
companies,
consolidated
current
operating
of
companies,
/••■// '/;•"
.
products
Kaiser
$4.43
such
share
•'
coming
aluminum'
extent
to the extent/that dollars
$3,429,000
Court -said
J.
last
new
that dividends were received there¬
subsidiaries are included only to the
portion- thereof or,—with respect to certain
from
remittable
of
stockholder in the combined undistributed
subsidiaries
except
.Film
|
.
./''{The
7,092.839
after
declared
Public Service
settlement
cash
a
sum
capital
earnings of partly owned non-consolidated- companies;
ill/There are not included .in the consolidated results
the
merged
May
Henry
•than
•
3, '48
$3.63
nejt
$1,788,000,
and
indirect net'interets
from.
"Jan
Supreme
Kaiser/ President,
currept fisqal year ending May
taxes___.-_-t$24,357,102§$31,440,477
13,788,978
14,347,778
paid
"Restated.
f■//•-:
tlnclude approximately; $2,360,000
-
Jjan/l,
+
and
v
H.
program,
year-end extra of 30 cents
of
Earnings—Re¬
shares outstanding at year-end—6,715.039
Earnings
/
>
y.
York
New
'
.
purposes.—V.
/. .Reflecting/, a • >ear
of record sales and earnings,
the directors -on
May'11 declared "the usual quarterly dividend of "30 cents a share and a
p/ 1995;
duces Bank Loans—Buys Common Stock—
/
a.
the
of
share.
Paramount
appointed
Pullman, Inc.—Purchase of Additional Stock Voted—
•
1
sell
/
company
before
the-Chesapeake
April
on
(The) Permanente Metals Corp.-r-Extra-Divi<iend, -Etc.
(May 23),
said that
011
May 14
plant
brakes.—V.
own
U:
166, p. 375.
in
foundry-workers who were expected to be called back today
"/George''.TV Christopher. President and General Manager,
and
been
May 18 filed a registration statement with tho
proposing the
issuance, and. sale,
at competitive bidding,
of
$4,000,000 of first mortgage bonds, series E, due 1979.
Proceeds of
the bond -sale,
together with the proceeds of the proposed sale of
■104,804 shares ($10 par) common .stock to stockholders now pending
Ry.—Merger Approval Reaffirmed—
assenting
V.
few
a
has
to
accept subscriptions for common '4
the .close of business on May 25,
1949,
rights to subscribe for such stock.
See
also
until
matter
'/■/, /z,///'
employees
Co.
authorized
SEC
/■ ;;,■/ ■/,,
N
Michigan statutes will he - required
as other'' stockholders.
/.v-'-
stock
shortage
a
Trust
Changed—
Public
132,319
of
on" sale
contained in -its-1947 decision for cash settlement. The
dissenting stock¬
holders
will, as in lire case of the
affected
were
to
-
depl.
$23,179 in
strictly within the jurisdiction of the Commission.: It re¬
the-proceeding to that body to complete the case by -decid¬
ing what the dissenting stockholders might have.
>
'
The Commission
therefore, on May 17 eliminated alternate provisions
1'*
■when
&
been
and
President, it
manded
■>"/.'' '/'/'
,
745,841
$2,996,560
-
;
directors have
James
the
Commission
approved
the merger -in 1947, - It left-for
-or litigation
the contentions of the dissenting Pere Mar¬
stockholder's, that the merger amounted-to a-liquidation of the
railroad and they were,
therefore, entitled to a cash settlement. -How-
Opera¬
The company announced on May 18 that full-scale operations
be resumed on all shifts beginning
May 18.
"
\
2108.
p.
Manager
quette
a
Packard
$3,712,410_■
lncome___
company
Provident
cial
-negotiation
aver,
*;
$3,266,510
445,894
„_I
Powdrell & Alexander^ Inc.—Halves Dividend—
The
Settlement
7,583,756
1888. '
p.
[
;
stock, payable June 15 to holders of record June 1. Pre¬
viously, the. company paid 25 cents per share each quarter. In addi¬
tion, extras, of 10 cent? each were distributed on June 15 and Sept.
.15, 1948—V. 169, p. 1231.
' / !
13,610
124,847
27,167
2,919
merger, proposal
-under
65,992,037
8,862,699
>
ha-s
to; buy
169,
L $511,364
1, 1947 and upheld in the
District Court for the Eastern District of
Virginia. -• • • The stockholders of the Pere
Marquette Ry.-who dissented from the
V-.:2,507,918
$2,472,828
charges.
after
net
Bank
of ...the
-
When
''
1,3.37^308
1,121,660
-_L„
1674.
;and
V.
taxes
'Interstate
approval
$30,667,808 $27,876,136 $89,130,048
25,204,987
22,967,524
72,794,932
revenues--
income
on
.
1949—3 Mos.—1948
128,828
income
Potomac Electric Power Co.—Warrant
Agent—
.
'
$89,519,236 $81,237,489
389,188 '
376,719
125,944
ENDED
$18,195,219
12,447,602
'
deductions
169, p.
and
10,339.914
$191,553
_______
inc.
?Loss—V.
-1949—Month—^-1948
rev._
taxes
on
Consolidated
—V.
'
;
MONTHS
—
'
stock
:f$146
>
depreciation
"Includes
$30,793,752 $28,004,964
revenues
12
the. .common
income..
for
-Pere Marquette
&
FOR
1949
J
-
.
fAfter charges for
trading
■
.
Pacific Telephone
31,
income
Income
Subsidiaries/
$151,756
income
.
It is anticipated that this-stock-will be admitted to
within 30 days.—V. 169, p. 2107.
/
•;///
one-
Subs.)—Earnings—
ACCOUNT
v
com-,
(estimated)
Marysville, Yuba County, Calif.—
/.. .' ; .' .' '
;/„■ r//; ///
par).
income
Provision
Exchange announced May -1- that it has
shares oh $4.50 dividend preferred stock
300,000
of
which is drilling
22,133
than
agent
2,199,950
~39~797
:
Charges
.
San
!_//
allied
_'v
Gross
Pacific Lighting Corp.—Listing of Preferred Stock— y
The
approved
2,265,716/
Income
•!,'
a,
v
the
of
taxes
profit
from
Sundry
:
prewar
Bork
&
.
/'.- :.:-Z//v/v/:i '
structure, is
North
1,250,000
increase
an
x—
Operating income
Nno-operating income
railroad's
Wholly-Owned
panies operated under
leasehold
agreement--
concrete
the
on
to
Plymouth Oil Co.
Refining Co., a sub¬
company,
the
1949—3 Mos.—1948
1949—12 Mos.—1948
./
$2,417,472
$2,199,804 $11,023,333
$9,065,047
Earnings,
almost
2,000,000
.(Including
;
.
^..Operating
$3,325,000
nearly
■'//
'
steel
a
northeast
/
cost
horsepower,
total
a
/.//../•
powerhouse,
site
will
40,200
-'
Oper.
part of the company's postwar
has installed 553,000 horsepower
:/•/'•;:.// '/■/. /,
Colgate
new
network
of
/
Gross
It- is
which/already
capacity
by
electric
/
;
'/
Colgate
new
capacity
predecessor.
program,
.horsepower
capacity. .
V.
its
of
its
to
generating
a
electric
new
The
addition
a
shares
taxes__-__-
taxes
Chemical
powerhouse, replacing
plant built 50 years - ago, is nearing completion and
go into operation next month./.
:>•
have
.'expansion,
,of
to
latest
will
that
announces
1,050,000
new
Pennsylvania Coal & Coke Corp.—Earnings—
'-'■*//;
/./iv/V
other
Federal
tons
.
acquistion,
Operating expenses
In
and
Pacific Gas & Electric Co.—Builds New Plant—
{&
INCOME
revenues
income-
'*
acquisition by this com¬
Corp. and an increase
Sales
two
JAN.
May :12,
at
the
ownership of Republic Oil
pipe line operations, plus
in
re¬
Taxes,
freight
100%
a
abovementioned
Potomac Edison Co.
State
gondola
duty
approved
three-eighths ownership in Melben Oil Co.,
the; Gulf of Mexico.—V.
169, P. 1674.
CONSOLIDATED
Halsey, Stuart & Co. Inc., 99.6039;
99.318; The First Boston- Corp., 99.1399;-
ordered
oil
interest cost of
were:
Hutzler,
been
to
type
units; -13
and
17
the
of
interest
fourth
cost
locomotive
net
a
May
.
receive
stantial
the
to
'
result
a
will
.
provide for
As
on
taxes
to
estimated
addition
to
the
new. cars,
17,000 freight cars of many types
being modernized 4n a -program which -is well along in shops
throughout - the,; railroad. < Two hundred new cabin cars -of advanced
design are also on-, order.—V, 169, .p.:2107.
/„ i,
/ / //-;■/;• 7"
more
profit was
193,891 shares of B stock outstanding/after current charges,
provision for $2 dividend requirements on A stock.—V. 168,
pp. 2229 and 1366.
' ;
.
'share
used
on
are
for/the
guide' in
a
U.
of
* |•.
12 months ended March'31, 1949 are
accurately judging the company's activi¬
$812,221, equivalent to approximately $4.08 per
,
operations
as
$1,074,876
be
equipment
stockholders
§hares.
*
with deliveries to start
Costing in excess of- $10,Altoona, Pa., works.
order
brings to 6,400 the number of new freight cars
being supplied shippers by the Pennsylvania RR.
Already in service
are
2,100
new -box
cars,; 300 -new
covered
hopper cars,
and
more
"than
1,500 new gondola cars of a previous order for 2,000, which
will be completed in July.
" ' - • •
"
-
as
$3,580,788, including cash of $1,308,956.
$655,429, resulting in net current assets of $2,925,358,
sale.
Bros.
000,000,
/
of March 31, 1949
Current liabilities were
deducting reserves
10
other'bids," each
thousand 'new
The
aftcv
assets
stock.
A
in
after provision for the
for taxes and
reserve
will
Diesel-electric
was
the
capacity
'
quarterly preferred dividend
certificates
railroad
Three
at
Two
$0.16
•
of
The
pany of the capital stock of General Oil
in
the authorized common stock from
,
9
Plymouth Oil Co.—Acquisition—Stock Increased—
u
Eastman,
were
(2213)
•
Orders 2,000 Freight Cars—
1946
•
£>0.76
share
B
*
Salomon
1948
$150,547
•___
class
per
/'«
-
sale
$13,031,250:
than
2.53116%.
.
.
group
"A'.'
units;
10 Diesel-electric freight locomotive type "B"
Diesel-electric switching locomotives; 43 passenger train
cars;
gondola car's.
'
.
. . . .
Inc.—Earnings—
Quarter End. Mar. 31—
,*Net
',t
■
the
of
standard-gauge
new
■
f
members
,
following
25
May
CHRONICLE
reoffered; subject* to authorization by the ICC,
to yield from 1.45% to 2.70%,
according to
Proceeds- from -the
SEC
•
V.
prices
FINANCIAL
Dillon & Co.; Paine, Webber, Jackson &
Curtis; Schoellkopf. Hutton & Pomeroy, Inc.; Tucker, Anthony & Co.,
and Reynolds & Co.
;
Plan—
v
were
maturity.
70
Oklahoma Gas &
COMMERCIAL. &
At
$60,000,000 Loan
Privately—The corporation has completed arrangements
through Lehman Brothers to borrow $60,000,000 from in¬
vesting institutions, Brig. General David Sarnoff, Chair¬
man of the board, announced May
19. The corporation
has drawn down $40,000,000 of the principal amount pro¬
vided by the loan agreement, and will borrow the re¬
maining $20,000,000 before Dec. 29, 1950. The promissory
notes, which will bear interest at the rate of 3% per
annum, will mature May 1,
1974. Upon issuance, they
will be the only long-term debt of the corporation.
used
be
w.ill
Proceeds
America—Arranges
of
Corp.
Radio
to
loans maturing
bank
term
prepay
interesting
.
by
income
Earnings
1951
—V.
Radiomarine Corp. of
Total
oper.
oper.
expenses™
ordinary
*$1,726
ord.
from
Deduct's
Extraord.
inc.
159,634
$201,241
12,748
Other
$116,808
26
$102,431
$229,673
■
56
$188,493
Other
119
—2
inc.
45,000
net
—''
Total
"y
.
,
'
•
.
'
.
Net
$2,512,371
2,207,725
$3,159,023
2,916,741
admin, expenses..—
179,005
185,028
188,692
operations..
$46,214
22,975
$119,619
128,390
from
Profit
Other
S69.189
$248,009
$88,935
14,851
15,262
16,670
—_
and
Bell., gen.
(net)
income
Federal
of
-
Interest
expense
and
Fed.
for
Prov.
income
state
adjust.—.
27,295
23,850
20,000
;
'Net
and
tax
year
exp.
profit
Cr6,474
—...—
295,100
294,800
outstanding.____—
shares
1,681,094
$1,971,078
$1.60
$1,175,857
$0.95
168,
of
$375,000.
$13,287,344 and
15, 1949) were
2547.
p.
Co.—Reduces Prices—
Price
The
book
304-page
169,
—V.
<'
2147.
p.
'
JAs
of
dissolved
was
Wire Spring
Cleveland
1947,
29,
Nov.
subsidiary,
Co., a wholly owned
and its assets, liabilities, and
Spring Co.
The net earnings of
operations
such sub¬
sidiary for the two months ended Nov. 30, 1947, are included in the
statement of profit and loss, and operations subsequent to that date
are merged
with those of the other divisions of Reynolds Spring Co.
The 1946 figures include operations of Cleveland Wire Spring Co.
NOTE—Current assets on Dec. 31 last amounted to $3,126,226 and
current liabilities $1,499,066.
Net working capital was $1,627,160.—
V. 168, p. 1588.
■/'" ■
v:e
vY' "
yi; • >-vt:yY;;,Y;
transferred
Reynolds
to
Operating
Operation
1948
1947
1946
$1,307,947
959,003
$1,019,979
627,363
$851,677
527,156
107,099
69,966
51,897
34,952
62,122
65,988
60,165
58,041
109,222
105,159
14,932
95,432
61,102
84,863
1949
___—
General
taxes
income
;
•
117,520
taxes
Net
5,537
3,042
(net)
income
Other
Y; $141,128
6,201,
15,509
$124,020
$92,899
$229,984
operating income
Dr649
3
Net
$92,250
$130,221
53,322
__—
other
and
';<•] $233,026
54,288
33,792
$156,637
46,042
$179,704
income
Gross
$37,962
$96,429
$110,595
deducts.
income
Mar. 31,'49 Dec. 31,'48
Financial Condition—
ments
Net
profit
Depreciation
1949
1948
1947
$386,828
$558,044
$286,084
23,175
21,600
17,325
69,000
——
152,000
228,000
155,500
& State
Federal 'income
franchise
._—
....
taxes
_____
Net
As of
$6,010,101
1,216,198
1,223,051
Securities
Government
Cash
and
Total
current liabilities,
other
and
Federal
-
—,
during the first quarter of 1949 were
for the first quarter of 1948/—V. 168, p. 2691.
Shipments
22.03% less than
4,189,013
Sell.; adm. & gen. exps.
Other charges
(net)—4.
3,914,354
•Transfer
from
Inc.—Stock Distribution—
Ronson Art Metal Works,
amendment
to
certificate
the
incorporation
of
was
filed
on
16, 1949, pursuant to which each share of common stock, of
$2 par value, will be changed and reclassified into two shares of com¬
mon
stock, of $1 par value, by the distribution on May 16, 1949, of
May
share, of $1 par valun, to holders of each
one
share of record May
16,
'
that Exchange
contracts in the common stock on May 17, 1949, be ex said distribu¬
tion; and that all due-bills be redeemed on May 19,
1949.—V. 169,
The
York
New
Stock
Exchange
on
May
1C
directed
2147.
p.
(Not
including
Saguenay
Net
103,632
104,286
13,808
412,436
110,960
86,610
394,173
306,969
614,600
2,583,919
2,131,360
taxes
for
depreciation
Operating
Other
taxes
Provision
for
)
_
(Province of
Education tax
Co.)
1948
1947
$1,513,234
448,374
revenue
Operating expenses
Electric
$1,870,910
664,500
$1,821,198
574,699
81,437
60,098
145,231
99,290
66,209
" 175,557
Earnings
V.
169,
$4,399,643
791,627
$1,066,940
791,627
$4.54
expansion
$1.09
$1.48
share
per com.
(excl. income taxes)
depreciation—
47,166
183,765
$3,883,290
791,627
incident
to
$3.89
plans.—
1997.
p.
UNDERWRITERS—The
frcm
■
the
stock
common
Other
operating
$778,094
8,029
income
-
$865,354
31,259
forth
set
operating income
—
general expenses
Depletion and depreciation
Exploratory costs, delay rentals, and lease can¬
operating
Costs,
Income
on
funded) debt
$786,123
190,500
43,768
257,783
$896,613
195,000
48,768
265,782
$938,028
199,500
43,768
289,376'
Amortization
Provision
Net
of
financing
income
for
expenses
taxes
•___
income
Preferred
Common
dividends
$392,063
$405,384
51,165
210,000
53,000
210,000
dividends
.^Includes second quarter dividend
,
—V.
/
168,
p.
210,000
.___
of $48,378 declared in first
quarter.
2438.
Harris,
C.
A.
Co.—Plans New Financing—
for the years 1949, inclusive,
additional funds will be required, according to Charles A. Semrad,
President,
who added:
"Plans are in, progress to secure all or a
substantial part of this new money by the middle of 1949 through
the sale of additional common stock to the company's parent, Con¬
tinental Gas & Electric Corp., and "the sale of bonds to the public."
At
finance
Dec.
mortgage
due
1976,
the
construction
program
$3,767,000 2%% first
first mortgage bonds
stock, par $100 per share.
31,
1949,
thhere were outstanding
bonds due 1976 and $981,000 2T4%
and
40,409
shares
of common
respective
severally
agreed
to
of
shares
of
numbers
pur¬
new
W
Ncc Of
.Yy-Y''
No. of
'
&
Shares
Co.
(Inc.l_
13,500
Co.,
Inc.—_
7,000
Laird, Bissell & Meeds.—_ ' 3,000
W. C. Langley & Co
—10,000
Laws.cn, Levy & Williams
2,000
J—-
Hall
2,000
H.
&
Allyn
Bacon
&
Co
Lee
1,000
Lehman
Robert W. Baird <fc Co., Inc.
3,000
Lester & Co
Ball, Burge & Kraus
2,000
Irving Lundborg & Co.—__
1,000
Mason Brothers
1,000
McAndrew
7,000
Merrill
Whipple
Bailey
&
John
Co
&
Davidson
Barbour
M.
&
Co.—_
Barbour, Smith & Co.__
Barth
J.
Co
&
Eichler & Co
Bateman,
7,000
Bingham, Walter & Hurry_
Blankenship, Gould &
'
Blakely,
Inc.:
Corp
Higginson
Brothers.
10,000
12,000
Beane__
&
Miller
&
7,000
Co.
3,000
Co
Mitchum, Tally
1,000
and
1949
1948
$41,627,737 $40,896,788
26,573,033 25,033,525
3,076,305
2,534,848
1,532,000
operating
1,290,000
$10,446,399 $12,038,415
25,187
4,879
income
(net)—
income
Other
:
and
charges
other
income
Net
on
funded debt
taxes
income
on
$7,783,921
*1,187,423
Shares
of
stock
common
income
per
•Includes
stockholders
common
stock
10%
Sept.
24,
outstanding
$8,960,029
981,341
$6.55
income
Net
Net
$10,378,521 $11,946,729
2,594,600
2,986,700
:
for
$9.13
to the
share
dividend,
1948,
and
98,135 shares, distributed
10% stock dividend, 107,948 shares,
10, 1949.;—V. 169, p. 538.
distributable to the stockholders March
*
.
Morgan
Bourbeau
3,000
Mayrard H.
2,000
F.
G.
&
Douglass—
Brashears
<fc
Co
Brush, Slocumb & Co.
&
Morgan
Newton
M.
The
12,000
Ohio
Pacific
Co.
2,000
Pacific
Northwest
Quincy Cass Associates—
2,000
Paine,
7,000
(Inc.)
3,000
California...
of
2,000
Republic Co.
2,000
Co
&
Company
Buckley Securities Corp
Campbell & Robbins, Inc._
Jackson
Webber,
Curtis
Co.—___
Pflueger & Baerwald
&
3,000
R.
Collins
3,000
Putnam & Co.—
Inc
Co.
&
Refsnes,
Davies
Manhattan
N.
has called
for redemption on June
15,
Company,
June
1.—V.
169,
p.
2,000
Gardner
Skaggs & Co
5,000
Rotan,
Dempsey-Tegeler & Co
2,000
Salomon
Co—_________
7,000
Eastman, Dillon & Co.—
12,000
Schcellkopf, Hutton &
y ;:y' ;
Pomeroy. Inc.———
1,500
EJworthy & Co
10,000
Schwabacber
&
Davis,
&
Fewell
&
of
Co.—_____
Cleveland
Bank
corporate trustee, 40 Wall Street, New York
stock
of
Shields
3,000
Smith,
May
13,
7,000
J.
1,000
Stroud
&
Co._:
&
Harold
Hutton
F.
The
Illinois
William D.
&
Co.
Co
Co
Stock Offered—
Harris, Hall & Co. (Inc.),
offered publicly May 18, 8O0^TOO shares of common stock
($25 par). The group, composed of 56 underwriters in
the East and 66 underwriters on the West Coast, offered
the stock at a price of $32.25 per share.
This issue, it
was announced May 19, was substantially oversubscribed.
by The First Boston Corp. and
Co..
10,000
Union
Wagenseller & Durst,
G.
Trask
2,000
Co._^
&
Securities
7,000
Corp.—— 12,000
H. Walker & Co—., 3,000
Walston, Hoffman & Good¬
3,000
2,000
win
10,000
——
2,000
Wailing, Lerchen & Co.—_
2,000
Weeden
—
2,000
C.
Co
Co
Bell
7,000
Inc..
:_
&
3,000
—
—
Spencer
;____
N.
Co..
&
White
&
1,000
& Co.—
Dean
&
Witter
3,000
15,000
Co.
White, Weld
Kidder, Peabody & Co.— 12,000
Kirlrpairick-Pettis Co._____
2,000
12,000
Co
47,000
'
Frank
Knowlton
Kubn, Loeb &
&
Co.—_
Co
CAPITALIZATION
Wulif, Hansen & Co.
2,000
2,000
25,000
!_
COMPLETION
UPON
OF
FINANCING
THIS
Authorized
1st
refunding
ana
of
3s,
Series
of
3'/is,
1S65
Series A,
due 1973
Series B,
due
(3%)
•1 Va%
bank
Original
1973
loan
30,000,000
40,000,000
40,000.000
25,000,000
1964___1
(3Vb%)
due
108,000,000
30,000,000
—!
Outstanding
$
108,000,000
bends:
mortgage
due
25,000,000
1„_
—
notes
None
stock
preferred
(5%, prior,
cumulative, participating) '(par $25).
Cumulative preferred stock (par $25)__
series
160,000 shs.
Preference
1,653,429 shs.
800,000 shs.
;
stock (cumulative)
4.48%
convertible
convertible
$25)
3,000,000 shs.
I
series
stock
(par
series
$25)
*The
it
can
(par
sum
rate
of
at
until
any
1 >/2%
one
per
quarter of !%•
1,652,556 shs.
:_X______
796,950 shs.
8,000,000 shs.
per
Aug.
time
annum.
annum
1949,
3,
amounts
outstanding
Company
on
of
pays
the daily
not
exceeding
$37,500,000
a
shares
convertible
respective
for
each
the
at
an
commitment
fee
average
unused
commitment.
The
3,986,328 shs.
has a line of credit'with various banks under which
company
borrow,
gate
160,000 shs.
6,000,000 shs.
series
4.38%
$
37,500,000
4.56%
banking group, jointly headed
2,000
Inc.__.
Co.,
Henry F. Swift & Co
Co.—
James
Cosgrove &
&
&
2,000
Co.__
5,00(1
&
Kaiser
Kerr
&
&
1,000
Weeks—
&
Huston
H.
Youngborg_—
7,000
Fay
5,000
12,000
—
&
2,000
& Son_—_
3,000
& Meyers—.
Strauss
Sutro
12,000
2,000
Webster Securities
1,000
B. Hilliard
Hornblower
Stone
12,000
24,000
Co.—
&
Corp.
1,500
12,000
are
Southern Calif. Edison Co.—Common
Frank
&
P. Harper & Son & Co.
S.
12,000
Staats Co
R.
Brothers
Hayden, Stone & Co
Waldo Hemphill & Co.____
Richards
Co.
Agnew &
Co.—
Harriman Ripley & Co., Inc.
2148.
A nationwide investment
S.
Co
Stone
Co.—
Talbot
7,000
&
Stern,
&
&
Co.—
Co.—
&
2,000
Rogers &
_
Co..
Barney
2,000
Inc
&
Smithers
Stern
Co.,
Hammill
Shuman,
12,000
1,000'
J.
2,000
Scranton
&
William
J.
12,000
& Co.__
1,000
2,000
2,000
Hill
Co.——
2,000
W.
F.
Wm.
&
7,000
Sheaison.
10,000
Michigan Corp.—_
&
2,000
Hutzler
&
Frank C. Shaughnessy & Co.
Goldman, Sachs & Co.____ 12,000
4.32%
record
Bros.
Chas.
Corp.-
Forgan <fc Co
Glore,
Moreland.
&
10,000
2,000
California
First
Mosle
Inc..
3,000
Corp._
Co
First
The
H.
& Sons
2,000
E.
35/s%
given the right to
subscribe, for 308,000 common shares ($4.50 par), to the extent of one
share for each four shares held at $7.62 V2
per share. Rights expire
common
&
Rollins
3,000
1949, through
Rights to Subscribe—
of
7,000
Mejia
Redemption
Y.
Holders
2,000
—2,000
Beck & Co.—
Ely,
Reinhcldt
L
Co.—_
Pressprich &
Crowell, Weedon & Co.—__ 12,000
Henry Dahlberg & Co
2,000
Series
operation of the sinking fund, $100,000 of first mortgage bonds,
series due 1973, at 103T'8 and interest.
Payment will be made at
of
—
W.
10,000
7,000
7,Q00
Burr,
12,000
&
'
Dodge & Co
.
.
South Carolina Electric & Gas Co.—Partial
company
10.000
& Co
Co
2,000
Stanley & Co
25,000
Murch & Co._
3,000
& Co., Inc
28,000
Bosworth, Sullivan & Co.—
2,000
E.
$10,471,586 $12,043,294
93,065
96,565
income
Total
2,000
3,000
Inc
Co.
&
5,000
-
Milwaukee
The
—12,000
Lynch. Pierce, Fen-
ner
Revel
5,000
*
Elyth
Hooker
Net
2,000
7,000
Irving Lee & Co——
1,500
Bacon,
Common
St. Joseph Light & Power
To
bank loans
of
•
have
Corp.—_ 50,000
Boston
Hannaford
cellations
The
Total
Interest
unappropriated
form
the
below:
'
First
Wesley Hall
Subs.)—Earnings—
Quarters Ended March 31—
Gross
$909,624
28,404
$294,072
*96,757
i
income—
the
company
take
may
underwriters
Y.YYY
Gross,
...
Net
-
and
amortization,
Grande
costs
to
equivalent
amounts
•Of
$1,370,382
791,627
-
outstdg.—
shs.
Common
105,944
Quebec)
and
earnings.
The additional financing
or
the sale of securities, or both.
Equitable Securities
..
income-
Provision
1949
3 Months Ended March 31—
'
$177,000,000
of the
$254,800,000
the
construction
program
authorized by
the board of directors will
be raised
through the sale of securities,
of which approximately $130,700,000 will have been raised upon com¬
pletion of this financing
(the company having sold 800,000 shares
of cumulative preferred stock in December, 1947; $40,000,000 of bonds
in January,
1348; 800,000 shares of preference stock in May, 1948;
and
$25,000,006 of bonds in August,
1948), leaving
approximately
$46,300,000
of additional financing thereafter
to be effected.
The
balance of
the funds
required have oeen or will be .obtained from
internal
sources,
includivig treasury balances on hand
at the start
of the program, material and equipment recovered from retirements,
Jones,
(& Subs.)—Earnings—
cost
estimated
the
lines,
approximately
that
estimates
total
cost
of
Drexel
Cr54,517
818,959
Federal
for
income
on
1949—12 Mos.—1948
26,037.^0/548,949,
€7214,326 + "
contingencies (Cr)
Depreciation
Interest
Saguenay Power Co., Ltd.
transmission
220,000-vo),t
approximately $J,560,000.
company
'
1949.
to
Julien
reserve
Skelly Oil Co. (&
An
kw.
program
River,
Coifin
$8,986,516 $36,399,877 $32,338,843
3,730,506
14,912,328
13,189,402
3,566,108
14,762,395
13,294,777
$10,175,534
sales Y^-'
of
Cost
1,611,930
provision for
including
taxes
$219,451
(& Subs.)—Earnings—
1949_3 Mos.—1948
sales
Net
1948
$6,013,521
1,367,434
-
Re-
had
$25,000,000
Joaquin
San
additional
which is
The
First
1949
assets
the
Clark,
$0.59
$1.90
$1.25
' $0.45
March 31—
current
those
$113,259
per
now
under construction is at
generating units, each of 67,000
plant
two
put
Central
$448,120
assets.:
current
Prov.
share on
149,000 common shrs.
Total
$308,444
8211,653
$92,286'
income
1,103,755
168, p. 51.
for
Earnings
$1,323,206
907,096
install¬
debt)
long-term
of
current
(including
liabilities
Current
—V.
$1,355,216
assets
Current
Period End. Mar. 31—
$189,066
27,780
Quarter End. Mar. 31—
approximately
cn
tain
of
The
$1,611,228
985,281
revenues
Depreciation
Ritter Co., Inc.—Earnings—
Net
2,351,000
been expended to Dec. 31, 1948.
also includes a new hydroelectric
be known as Big Creek No. 4,
which, under present plans and estimates, will have an ultimate capa¬
city of approixmately 84,000 kw., will cost approximately $19,000,000
and is scheduled for completion in 1951. The program also includes cer¬
l
Co.—Earnings—
Gas
Seattle
Sharp & Dohme, Inc.
1946
107,598,000
Shares
Int.
prior year.
in which
capacity, were
company's construction
plant
ago.
*
♦
Beach,
chase
'
i
40,626,000
substations
into operation during March and April,
1948.
Two
similar generating units are scheduled for completion in
the latter part of 1949.
The total cost of, the completed plant and
related
facilities
is
expected
to
be
approximately $38,800,000,
of
company
its spring-summer general catalogue.
lists 50% more merchandise than a year
with
compared
added,
23,287,000
16,588,000
75,308,000
12,694,000
substations-
and
and
generating
principal
operating
largest mid¬
the
lines
lines
Total
provisions
May 17 announced it is mailing its
catalog in history to its mail order customers.
reductions
range
up
to 50%
on some
items,
on
company
$51,445
$208,896
$34,338
—
295,400
Earnings per common share—
$0.12
$0.70
$0.17
Federal income taxes of subsidiary.
Company required no provi¬
sion for taxes due to carry-forward part of its net operating less in
Common
3,239,318
current assets were
dividend payable June
(including
liabilities
Federal
Prior
$5,210,397
*3,068,751
1949,
Maintenance
(est.)
taxes
$2,836,951
$4,662,024
taxes
31,
3 Mos. End. Mar. 31—
Total
45,509,
$1,593,273
$1.30
income
March
Sears Roebuck &
$53,590
35,346
...
sales
of
Cost
*194£„
$1947
$3,046,649
2,821,430
sales
Net
$2,791,442
102,056
tax)
inc.
share
common
per
•Includes
NOTE—As
summer
1948
Dec. 31—
Fed.
profit
The
Reynolds Spring Co.—Earnings—
3 Months Ended
$5,108,341
74,922
$113,610
$141,729
$61,548
$71,834
169, p. 1339.
$4,102,083
1,310,641
—
(incl.
$4,720,421.—V.
to earned surplus—
•.'•Deficit.—V.
$6,926,424
1,818,083
$4,587,102
income
current
V.i,
$7,099,635
-2,512,533
—-
charges
Earned
$188,610
75,000
transf'd
income
Net
.
1947
24,783,000
$147,202,000
transmission
Electric, distribution
The
1948
16,551,000
36,370,000
6,242,000
plants
generating
General
which
of Del.—Earnings—
1949-1951
$
The
.
income
the
of
sale
the
from
1946-1948
dondo
will soon be added to the
fleet of streamliners, according to C. E.
Bell, General
Traffic Manager.—V. 169, p. 1997,
,'V;
1949 ;i
proceeds
electric
Electric
Equipment—
profit
Gross
119
$229,729
88,000
$102,548
41,000
$116,834
from
Deduct'ns
245,431
$243,705
14.032
——
Issue—
PROGRAM
CONSTRUCTION
AND
ISSUE
OF
1949
23,
800,000 shares of common
stock
will
be
used
to
finance,
in part, the company's construction
program.
This program, is presently authorized for the years 1946 to
1951, inclusive, involves approximately $254,800,000 of gross additions
to electric plant, of which $147,202,000 had been
made by the end
of 1948
(retirements during the same period aggregated $29,966,000),
and $107,598,000 is so
authorized for 1949-1951 ($79,317,GOO in 1949
and $28,281,000 in 1950 and
1951).
It is estimated that retirements
during
1949
will
aggregate
approximately $10,557,000.
Additional
amounts of construction and retirements, not presently so authorized,
are expected to be required in the years
1950 and 1951.
The major classifications of the above construction program are as
follows:
Y-'v'i--"y •!
net
Hydroelectric generating plants
of
purchase
Operating revenue
i
._
Operating and general expenses
92,728
(charges)
income
Net
Air Line RR.—Equipment
Seaboard Oil Co.
$107,390
4,959
(Crj_
income
554,181
$1.94
shares)—
Quarter Ended March 31—
121,479
income.
ordinary
Net
Extraord.
1948
$5,778,400
424,662
$1.48
PURPOSE
The
Steam
To Acid New
$121,485
4,677
inc.
1949
$5,191,400
tax——
income
Thirty-one new stainless steel sleeping cars
$41,607
inc.—
1012.
investors.—V. 169, p.
public
of
Co.—Earnings—
286,000
share
the
for
Passenger
$14,662
$6
&
Light
$3,435,000 equipment trust certificates,
series F, dated June 1, 1949, due in 15 equal annual instalments, will
be received at office of Willkie, Owen, Farr, Gallagher & Walton,
15
Broad Street, New York, up to noon (EDT) June 2.
$334,867
293,260
revenues—.
oper.
Continental,
1949—3 Mos.—1948
$304,450
306,176
Ordinary
income—noncommunication
by
United
The
1271.
p.
Seaboard
Bids
America—Earnings—
1949—Month—1948
$102,874
$115,453
102,868
100,791
revenues
Total
Gross
number
Federal
after
per
169,
company's
Net
large
a
.
Period End. Mar. 31—
by
Months Ended March 31—
3
Net
tion's
N.
stock
Sales
"RCA—What
entitled
booklet
illustrated
47-page
owned
common
stock is
in turn is owned
the
of
whose
Sangamo Electric
What it does" has just been published by the corpora¬
department of information, 30 Rockefeller Plaza, New York,
Y.—V. 169, p. 2147.
.
held
be
Issues Booklet—
is.
of
During February,
1949,' a
policy of liquidation of the
parent companies was announced.
In connection with the liquida¬
tion, it is contemplated that the St. Joseph common stock will be
distributed, probably during the latter part of 1949, to the common
stockholders of the parent companies.
Upon completion of this dis¬
tribution
the common stock of St. Joseph Light &
Power Co. will
in the amount oi' $40,000,000.
when borrowed, will be added
to
working capital and be used lor general corporate purposes in
financing the corporation's expanded business.
_
An
all
Rys., Co.,
through 1956, which are outstanding
It is
contemplated that the balance,
it
all
present
almost
Monday, May
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2214)
10
aggre¬
interest
of
one-
amount of
the
-
of
preference stock,
series,
rates
share
of
are
convertible series and 4.56%
presently convertible into common stock at the
0.8386+
converted.
4.48%
and
0.921
Upon
the
of
one
issuance
share
of
of
the
common
800,000
stock
shares
Volume
of
new
series
169
stock
comomn
will
vertible
stock
Number 4805
be
not
series
for
be
share
each
the
conversion
but the
changed,
will
THE
adjusted
rate
convertible
est
the 4.48% con¬
share of common
one
converted.
obtained
,■
in
each
5%
of
which
1935
maintained
was
to
15.
May
to
initial
rate
15.36
Annual amount per
share
$1,625
$1.50
Percent of
is
val.
par
HISTORY
&
'
'
$1.75
7.6%
7%
of
United
States,
it .operates
Hoover
at
electric
Dam
its
Arizona
major
significant
business
the
which
not
the
It
wholly
owned
but
as
served
Census
Gas
primarily
and
engaged
in
it
was
2,578,000.—V,
used
primarily
for
due
to
sales
credit
on
is
now
to
up
estimated to be
(EDT)
June
on
1.—V.
169,
1998..
p.
Commonwealth
N.
its
at
the
be
used
terms
of
rate
be
to
are
share
one
construction
for
Southern's
filed
for
each
shares
10
additional
Alabama
Operating
revenues
David
before
Y.,
stock
common
Gas Corp.—V.
Uncollect,
oper.
Operating
Operating
$4,191,395
169,
11
a.m.
..
Operating taxes
profit
—V.
(&
loss
.169,
by
and Western
seriously
the
half
National
1947
to
City
Net
3,100.000
2,729,104
2,836.471
$4,161,747
$3,725,294
3,793,245
Bank
of
3,766,247
3,760,247
$1.11
$1.07
$0.96
$6,000,000
1,
1956,
169,
p.
from
York.
New
Oct.
The
six
Clyde
The
$11,858,00?,
struction
18,254
$12,320,561
This
9,362,064
9,036.049
436,616
400,275
1,331,612
and
to
Federal
the
of
rate
Authorization
1,240,553
1948
net
have
nation
in
January and February of this
this
which
year,
loss
net
for
showed
March,
1948,
loss
net
a
of
$812,098
of
after
EARNINGS
STATEMENT1949
1948
$21,277,956
$20,665,892
24,102,993
22,230,080
$2,825,037
and
$1,564,188
(net)______
expense
439,498
433,256
$3,264,535
volume
proceeds
the
of
$1,997,444
23.4%
number
revealed
that
one-
of
carried
passengers
of
summer
travel
miles
passenger
airline's
indicated
increased
78,928:000 in April
18
out
bore
the
on
flown
May
on
high volume also has been
foreign countries served by TWA.
in
domestic
nearly
revealed
manager,
total of 69,823,000 last April to
a
climbed
year
last year.
Similar
and
Fullerton
in
record
a
Airline's
Trans World
this
of
sales
general
for
routes.
Atlantic
April
13%,
of this year.
Airfreight ton-miles flown in April were up by 70.7% over the figure
for April, 1948, from 722,964 to 1,234,443.—V. 169, p. 1120.
Twentieth
(par
finance
to
of
States
authorize
$100).
to
stock
issue
increase
the
over
for
for a similar period
TWA
United
2%
flying more miles,
persons
traffic
predictions
Issue
to
Commission
Power
cumulative preferred
6%
use
the
loss—
Fullerton,
the
Mr.
the
to
proposes
in
operating
revenues,
the
airline
said,
con¬
However, an improved position was reported
a
income
by
evidenced
is
loan
that
con¬
Century-Fox Film Corp.—Earnings—
(Including National Theatres Corp. and Roxy Theatres, Inc.,
exception of foreign subsidiaries, not wholly owned)
discharge bank loans.
According to the application, the issue would be offered directly
to the company's present stockholders on a pro rata basis,
with any
remaining stock to be sold without limit to the stockholders and to
employees of ^he company, customers and the public.—V. 166, p. 2565.
$11,839,754
3.133,512
company
$300,000 in
late
was
a
However,
$1,997,444.
.
earlier
Preferred Stock—
of
of
Board
—
by
headed
banks,
which bear interest at
Co.—Seeks
has asked
company
issuance
loss
year
with
$3,914,235.
Reports Traffic Up in April—
from
the
Aeronautics
this
of
compares
and
1948
loss
With more
to
Power
Inc.—Earnings—
adjustments.
pay
operating
Net
1713.
Telluricle
in
net
a
expense
Non-operating
of
flying weather throughout the entire mid-
COMPARATIVE
$35,913,426 $33,831,485
$4,323,963
maturing
Simpson,
board
6,561,765
—_
annum.—V.
per
of
the
of
quarter
This
17.
Quarters Ended March 31—
Operating
6,890,851
taxes—
borrowed
,
;
•
passenger
has
to
March
of
compared
mail
2149..
firm
law
member
a
first
May
Civil
of
loss.
month
retroactive
the
affected
the
to
$639,201
2148.
p.
York
New
the
on
period
same"
latter figure
Operating revenue
1948
the
elected
for
periods of bad
year
New
.
the
for
169, p.
2149.
corporation
West
Agent—
of
company.—V.
Co., N. Y.—New Trustee—
of
been
$3,264,535
of
this
the
tributing
Co.
has
p.
decisions
pay
adjusted
24
the
of
1119.
p.
1949
share—
by
reported
mail
1568.
p.
169,
$35,596,495
outstanding
$300,000 6%
23,658
the
member
a
Bartlett.
loss
net
reported
Subs.)—Earnings—
:____
income
common
company
notes
1949—3 Mos.—1948
5,600
of
Transcontinental & Western Air,
A
Standard
that
reason
169,
Trustee—Transfer
—
shares
169,
The
investment
$4,034,220
_
adjournment
7,423,963
foreign
per
The
be
3,188,143
;
Stretch,
&
trustees.—V.
Superior Oil Co. of California—Bank Loans—
$4,184,349
revenues__
expenses
the
plan."—V.
charges
Net
Earned
2148.
p.
$4,039,820 $12,344,219
7,046
rev
A.
Thacher
and transfer
bonds, series of 1950, and as transfer
income
L—
after
Common
Southern
&
The offering is to
held.
Proceeds are
1949—Month—1948
___
secured
Drug, Inc.
and
Southern New England Telephone Co.—Earnings—
Period End. Mar. 31—
Vice-President
Title Guarantee & Trust
quarter higher than
amendment.
by
for
and
subsidiary,
"for
Gas
aforesaid
the
for
request
1949,
The Marine Midland Trust
appointed as successor trustee, registrar
been
Federal
May 13 filed a registration statement with the SEC
proposed offering of 141,858 shares of its common stock
to iis stockholders.
The record date, subscription price
par)
other
of
13,
„_
<
.
Earl, H. B. Haney, R. K. Kelly, G. R. Kinter and J. E, Roth
appointed Vice-Presidents.
Each has heretofore served as
been
Assistant
an
Prolonged
the
Corp.—Successor
May
Sterling
company
($7.50
has
Sales
York 5,
T.
have
SEC has postponed
the capital structure of
subsidiary of Standard qas, from May
Quarter Ended March 31—
approx¬
Southern Natural Gas Co.—Registers With SEC—
covering
simplification
for
Commission,
by Standard
amend
to
agent for the 5%
company is inviting sealed, written proposals for the purchase
it of $3,000,000 first mortgage bonds.
Such proposals are to be
1120.
p.
Tide Water Associated Oil Co.—Five New V.-Ps.—
H.
$5,000,000
the
company,
agent for the common stock,, par value $1.—V.
2147.
of
shares
City Bank of Cleveland for cancellation.—V. 168,
farm
to
power
p.
to Section 4, Article Fourth of its Articles of Incorpora¬
amended March 26, 1946, this company on May 12 delivered
of its 4%
cumulative preferred stock to The National
as
1,360
similar
for
company include 76 incorporated
communities and outlying rural
1,607,000 and
169,
the
for
Pittsburgh
the
made
was
Effective
for resale to four municipalities
owned utilities.
The population of the terri¬
estimated on the basis of the 1940 Federal
privately
by
the
by
presented to the company, at the office
Corp. (New York), 20 Pine Street, New
in
receivables
counsel
the plan
to
Starrett
the
Southern Indiana Gas & Electric: Co.—Bids for Bonds
and
be
27.
intends
Net
The
increased
of
on
a
unincorporated
approximately
at
June
York
directly
150
also, supplies
It
hearings
hearing
public utility.
It has only one
Securities Co., a non-utility California
is
served
than
three
imately
The
will
Gas & Electric Co.—Hearings on Plan Post¬
request
According
company.
areas
from
toward
Philadelphia Co.,
to
transmits
Company
in Nevada at Hoover Dam
has qualified to do business
station
California.
Upon
dealing in lands acquired in connection with the operations
more
to
tory
capital
balance
poned—Company to Amend Philadelphia Co. Simplifica¬
tion Proposal—
6,
Edison
subsidiary,
of
territories.
and
Nevada,
River.
Colorado
switching
in
substations
and
corporation,
The
the
Working capital requirements have increased mainly because
inventories due chiefly to a larger volume of business, and
trend
Standard
Electric generating units
the
certain of
the
on
the
from
energy
to
in
cities,
Thompson Products, Inc.—Reduces Preferred Stock—
a
located
of
working
and
and
sale
of
precision
instrumentation
and
controls,
farm
equipment, electrical apparatus, automatic machinery and other equip¬
ment.—'V. 169, p. 1998,
... %... :[■,
6%
July
11
Pursuant
tion,
facture
public utility engaged in business of generating, purchasing,
transmitting, distributing and selling electric energy for light, power
and heat in portions of central and southern California.
As agent of
the
by
used to discharge bank loans
requirements of the company and
be invested in or advanced to a finance company lor the purpose
providing a. reparate corporate vehicle for financing instalment
sales of the company and its subsidiaries.
Sperry and its subsidiaries are engaged in the development, manu¬
$1.50
7%
Calif.
in
incorporated
BUSINESS—Company,
supplied
be
be
P" ''
$1.90
$1.75
6.5%
6%
'
•'
■>
to
are
(2215)
of
1942-48
1940-41
1939
1937-38
meet
will
may
1921 been increased to 8%,
Dividends paid for the years
1934.
financing
equipment distributors, dealers and retail customers.
Although no definite commitment has'been made,
1948, inclusive, were as follows:
1.935
1909
The
1909.
CHRONICLE
increased
the
are
year
since its incorporation in
the par value per annum had by
to
purposes.
of
dependent upon future
earnings,
the financial condition of the company and other factors.
Dividends
on
the
common
stock of
the company have
been paid
they
as
underwriting terms
price and
the
subsidiaries
its
April 15, 1949, the board of directors declared a
quarterly; dividend on the company's common stock in the amount of
50
cents
per
share,
payable July 31,
1949,
to holders
of record
July 5, 1949.
Prior to such declaration, the quarterly rate in recent
years has been 37Va cents.
No assurance can be given as to future
payments,
FINANCIAL
%
of
Proceeds
DIVIDENDS—On
quarterly
offering
rate,
&
amendment.
rate of
of
0.35312
4.56%
the
of
conversion
to
COMMERCIAL
13 Weeks Ended—
Film
rentals
Mar. 26,'49
theatre
and
the
Mar. 29,'47
receipts—. $43,490,969 $40,316,174 $46,996,357
Dividends
Rents
Mar. 27,'48
with
46,687
from
tenants
other
&
420,415
2,969,940
income
179,846
3,912,327
3,493,952
A
Net
oper.
income
after charges
Net
—V.
169,
$559,590
$500,433
$1,626,885
427,754
1,311,944
Tennessee Gas Transmission Co.—New Director—
$1,563,152
457,921
;
1,327,972
A.
1712.
p.
of
Dee
civic
Southern
The
of
Pacific
directors
Co.—Declares
May
on
declared
19
$1.25 Dividend—
the
regular
quarterly
1948
and
were
Dec.
as
March
follows:
20, Si 25 each.—V.
22
and
June
21,
each;
$1
has
by the death,
been
April
elected
director
a
of Hervey
3,
fill
the
Amsler.—V.
M.
to
169,
and
Sept.
$50,910,724
film
costs—_______
14 ,353,225
13,621,654
12,806,963
in
film
rentals—_____
1 ,904,140
1,489,103
1,336,409
22 628,350
22,142,291
24,595,728
Film
created
vacancy
distribution,
The
20
Bankers
and
series
169, p. 2148.
Trust Co.,
registrar
agent
bonds
Service Co.—Registrar
due
in
New York,
York
New
April 1,
N. Y.,
for
1979.—V.
has
$8,000,000
169,
appointed paying
first
expenses
2%%
mortgage
706,194
659,177
616,57c
plans
609,701
590,217
848,50(
213.264
217,557
200,000
200.000
,500,000
2,175,000
Prov.
employees' retire,
for Federal
Portion
1927.
p.
and
oper.
tDepreciation of fixed assetSj.i___i._W:
Appointed—
been
theatre
Interest & bond disc't & expense
Provision of reserve for for'gn assets
Contribs. to
Texas Electric
—_
administration
1342.
p.
$44,408,347
of
Participation
dividend
$1.25 per share, payable June 20 to stockholders of record May 31.
similar
distribution was
made
on
March
21, last.
Payments in
A
circles,,
$46 .507,596
Amortization
the board of the National Bank
long prominent in banking and
Simpson, Vice-Chairman of
of
Houston, Tex., and
Commerce
income
Total
of
net
taxes
income-
on
profit
applicable
to
minority interests
Southern Ry.—New Bond Issue
The
stockholders
whole
or
bonds
on
new.
a
in
Its
part,
their
first
May
on
17
authorized
St.
$12,474,000
maturity
line.
first
1951—through
1,
Louis
to
company
Louis Division
date—Jan.
the East St.
mortgage on
mortgage
the
(111.)—New
refund,
4 %
stockholders
(par $5)
find.)
Sc
also
approved a proposal that the company take
Atlantic & Yadkin Ry.. extending from
Sanford to Mount Airy. N. C.,
subject to the approval of the Inter¬
state
Commerce
Commission.
All
of
the
outstanding capital stock
of Atlantic
&
Yadkin
Ry. is* owned by Southern Ry. and Jts bonds
matured and were paid on April 1. 1949 I'
and
Bids
The
for
Equipment
Issue—
Co., Inc.
W.
in
equal semi-annual
30
Elmer.
Textron
1949
Gross
Incorporated
after
profit
—Jan. 1 to May 7
FOR
169, p.
(&
Options
officers
1S04.
APRIL 2,
1949
295,000
,
amount
as
the
of
end
to
current
a
the
Southwestern Associated Telephone
1949—Month—1948
revenues
Uncollectible oper. rev-
$423,292
$367,789
600
550
Operating
revenuesOperating
expenses—
'
Operating taxes
$422,692
$367,239
284,188
Operating
of
Nashua
Co.—Earnings-
the
of $107,000.
35,328
1948
38,895
the
to
full
disposals
during
the
cover
LIFO
possilble
replacement
$1,236,960
1,800
$1,064,154
$1,235,160
$1,062,504
815,653
996,813
Little,
of
Lonsdale,
comparable
1948,
of
the
position
the
cash
and
117,668
inventories
drastic
current
take
to
full
figures
950.
in
banks
and
price
for
the
and
Dorset
first
the
company
maintaining
readjustment
advantage
part
of
of
quarter
the
of
increased
been
$2,300,000
the
.
'
.
...
The
$39,735
charges
169, p.
$121,914
68,271
88,868
Thatcher Glass Manufacturing
1890.
12
Southwestern
Bell
revenues.
Uncollectible
oper.
rev._
Telephone
Months Ended
Sales,
Co.—Earnings—
1949—Month—1948
Cost
1949—3 Mos.—1948
be
Bond
$21,894,806 $18,207,649 $64,226,054 $53,191,703
82,975
■ *.
68,243
246,918
200,597
Operating
revenues— $21,811,831 $18,139,406 $63,979,136 $52,991,106
Operating expenses—
17,842,421
14,601,540
53,701,779
42,580.081
Operating taxes.
2,253,514
2,005,029
6,383,150
6,027,428
freight,
less
Net
income-
$1,715,896
$1,532,837
$3,894,207
1,285,159
1,196,484
2,579,789
3,379,702
P.
Net
Total
in
end.—V.
;
The
posal
company
with
due
June
<$100
169,
•
1949
returns,
allow.
——'
1948
$16,690,550 $17,741,733
14,226,954
has
the SEC.
bidding,
210,140
$1,254,156
deductions
Net
income
$1,469,944
780,272
$296,583
;
381,800
C,
filed a bond and preferred stock financing pro¬
The proposal involves the issuance and sale, at
$4,500,000 of first mortgage bonds, series C,
Earned
—
stock
dividend
"As
available
per
1979, and 25,000 shares of preferred stock, cumulative
Competitive bidding would determine the interest and
offering price and underwriting terms.
of the financing would be used to pay, or reimburse the
additions, extensions and improvements to
bank notes of $2,000,000, representing bor¬
rowings for such purposes.—V. 169, p. 2231.
to
requirements
273,376
31,
shares———
share;
per
Sperry Corp.—Registers Debentures
169,
dividends
of
Union
and
record
Bond
Union
declared
1273,
p.
have
June
Fund
share;
been
10,
A,
Stock
months
declared
1949:
Fund,
Fund,
Union
Stock
Fund, 24
cents per share.
11
V.
see
payment
Bond
share;
per
Preferred
ago,
for
Union
cents
18
Union
Common
three
flew
corporation
sales.
169,
808.)—V.
p.
estimated
an
105,588,000
Improvement
revenue
passenger
,;
the
month
United
1949,
$136,688.—V.
of
arrears
169,
p.
6%
increase
an
gain
30%
169,
a
13 filed a registration statement with the
public offering of $20,000,000 of sinking fund
debentures, due June 1, 1969.
The
oflering is to oe underwritten by Lehman Brothers,
Merrill
May
lynch, Pierce, Fenner & Beane and"
Hornblower & Weeks.
The inter¬
of
the
same
and
2.228,000
month
last
over
freight
air
year
but
ton
unchanged
of
Sachs
America—Preferred
&
Co.
headed
Stock
Of¬
underwriting
an
that offered publicly May 19 80,000 shares of $4.50
preferred stock (no par value) at $103.50 a
share, plus dividends.
group
cumulative
Provision
for
year
application
July
ending
of
shares
follows:
to
a
to
1961,
sinking
fund
First
stock
as
1951
1,600
shares
1973, 2,000 shares per year; 1974 to 1989, 2,400
Transfer agent: Manufacturers Trust Co., New York.
year.
preference
15,
National
Bank,
per
AND
per
Registrar:
York.
New
LISTING—Company has applied
New York Stock Exchange.
cookies
year;
shares
for
the
listing
of
the
shares
the
November,
each
during
to
$0.57
1713.
ton
March,
1948.
from April,
1821.
Co.
fered—Goldman,
$224,601
on
from
p.
Biscuit
United
March
from
of
March.—V.
from
decrease of 19%
mail
air
>/a of 1%
1948 and
but
miles,
945,300
estimated
an
April,
a
$0.06
dividends
flew
over
1949; 457.500 air express ton miles,
HISTORY
on
'I
BUSINESS—Company, incorporated in Delaware in
in the manufacture of crackers,
and
their distribution in package and in bulk.
1927, is engaged principally
biscuits
and
Virtually
The
filed
company
March
vertible
for
the
23
1951,
in
During
$23,206
(395,553 shares)
Thompson Industries, Inc., Boston—To Withdraw Reg¬
The
corporation
common
istration—
proposing the
stock ($1 par).
states
with
for
this
According
proceeds
of
the
the
to
the
of
"under
Buffet,
equipment.
statement,
(nodernization
that
Exchange
the
lease,,
registration
withdrawal of its registration statement
and
preferred
funds
from
has requested
31
company
negotiated
proposing
for
share
common
March
of
amounted
1,
for the cost of
its^properties and to pay
The
to
12,
April,: 16Viek
above the same month last year and 11%
above March, it was reported by Harold Crary, Vice-President—traffic
of
company
SEC
April
Missouri—Financing Planned—
above.—V.
cents, per
13
dividends
miles
$497,977
273,376
tax
590,166
177,300
_
Federal
profit
Balance
Financing
rates,
Proceeds
until
United Air Lines, Inc.—Reports Further
$1,259,803
106,962
income
1,197,272
$1,147,193
___
_
15,284,657
1,316,401
__
1
income.
other
Total
Total
par).'
dividend
Co,
holders
The
Co., Inc.—Earnings—
expense
operating profit,
"Preference
1713.
Southwestern Gas & Elqjctric Co.—Proposed
competitive
offered
were
time
.
quarterly
to
share;
per
1962
169,
stock
any
169, p. 1342.
$2,500,000
$4,383,597
charges—
oper.
after
discounts,
sales
of
Provision for
Net
American
1949
Fund
cents
in
to
as
so
year
March 31—
Selling and administrative
•
—V.
of
At
$129,183
30.194
28.
1493.
p.
miles, an increase of 45%.
Period End. Mar. 31—
Operating
$44,156
17,544
income
oper.
after
169,
following
20,
cents
and
Net
-V.
shares
April
liquidity
reduced
.
a
improvement
period
anticipated
since
pursuing
was
maximum
Inventories have
fall.
51,200
on
,
North
(For
textile business next
& Paper Corp.—Stock Options—
purchase
executives
Union Electric Co. of
June
Manville,
that
President, ' stated
reducing
policy
1,650
116,433
to
and
Union Trusteed Funds, Inc.—Distributions—
at
base.
available.
net
are
Royal
p.
Net
$2.07
may
See
review, the company realized a
liquidation of its LIFO inventory base.
as of March 31, a reserve of the same
1949—3 Mos.—1948
during
347,629
$1.00
$191,519 in 1949, $265,329 in 1948
production costs.—V. 169, p. 1492.
'
17
Because
of
in
under
liability
of
year
tax carryback
possible
a
period
the
$1,012,000 from the
the directors set up,
of
depreciation
1947 absorbed
purchase the shares at a price equal to the mean between
the highest
and the lowest selling prices
on
the New York Stock
Exchange on the day of purchase.
Each purchaser will have seven
years
to pay for the stock and will pay 3%
interest on the unpaid
Subs.)—Earnings, etc.—
QUARTER ENDED
charges
giving effect
However,
1948
$6,440,468 $103,820,496 $113,616,524
169, p. 2148.
Period End. Mar. 31—
720,24f
$5,897,603
share
common
in
Union Bag
W~. T, Steven¬
elected Treasurer,
y
1949
per
including
$150,894
$17,674,000
all
NOTES—During
1948
$5;589,690
earnings
has been
—
'Loss
"Before
—-V.
386,506
$2,926,842
$1.04
r.
balance.—V.
Sales
instalments.-
—Week End. May 7—
tNot
and
~
.
Comptroller
RESULTS
Estimated Gross EarningsPeriod—
profit
Earnings
stock
common
share by Blyth
per
they
company
mature
M.
Net
.
Executive Vice-President, announced.—V.
son,
>
,
made May 10 at $13.50
was
Treasurer Named—
130-mile
has issued invitation for bids to be received June 8
the purchase from it of $7,500,000 in equipment trust certificates,
lor
to
the
operate
Corp.—Secondary Offering—
A secondary offering of 14,000 shares of
.
of
creation
Albany
Texas Gas Transmission
in
i.
The
nver
374,986
$3,017,736
& Acquisition Voted—
the
188,691
3,900~00(
plan
is
no
a
there
the
financing,
longer
of
lease
Inc.,
With
of
sale
120.000
of
is
the
no
guaranteed
shares
of
restaurants
longer
any
income
represented
by
con¬
just
need
resulting
the
above
necessary."
company's prospectus, it had proposed to use the
of the preferred stock to pay for the costs of
restaurant operations.-r-V. 169, p. 1605.
all of these products are sold to the retail trade and are
by the company's own trucks from its 16 biscuit plants and
approximately 100 warehouses,
The
territory served includes most
of the trading areas of the United States, except the Pacific North¬
delivered
certain
west,
fornia
and
It
and
in
areas
the
container
has
The
which
two
sales
company
its
in
and
a
City and certain districts in Cali¬
Company also operates a paper carton
the manufacture of paperboard.
York
New
Gulf States.
plant
plant for
subsidiaries
which
are
of
minor
importance.
in the main under a decentralized system in
divisions, all of which were independent organiza¬
their acquisition by the company, have retained their
operates
various
sale
tions
prior
its
local
identities
to
and
trade
names.
At
the
same
time,
the
divisions
obtain
benefit
the
COMMERCIAL
THE
(2216)
12
of
experience
operating
the
divisions.
methods of
and
v
other
'
''
,
*mmmm
United
principal raw materials used by the company in biscuit pro'duction are flour, sugar and shortening, which are purchased on shortterm orders from various suppliers with whom the company has been
doing business for many years.
' ' V : 'S/'", •" r.
,
>
i
,
Chester
the
FINANCING
TO' PRESENT
EFFECT
Authorized
2%'/
stock
tPfd.
Outstanding
^
$4.50
*
stock
18.
May
1,500,000 shs.
,
of debentures and 25,075 shares of common
company's treasury,
tApproved by stockholders
$436,000
the
in
held
par)
ino
of
Exclusive
stock
80,000 shs.
.*951,565,shs.
stock____—_______
pfd.
cum.
V;
v..
7
"
that
intended
is
PURPOSE—It
the
■•/7\"
1
proceeds- will be
net
'7
'
applied
undistributed
Net
interest,
depreciation
and
charges-c_..-I
u ——
Light
Power
C.'
-Federal
income
taxes____________.._—_-
this
to
A.
Gas
Co.,
&
50'/
of
the
ratio of
of
of
shares
to
purchased by each
be
951,565
$1.38
$1.16
.
are
subsidiaries
Light
distributing. to
shares
the
W.
Robert
Baird
W.
&
1,000
2,500
Kuhn,
4,00.0
750
and
Burnhain
750
Co
Milwaukee
The
.
W.
R.
S.
Clark
&
1,500
1,000
1,C00
1,000
4,000
4,000
Co.
Dickson & Co.,
Inc.
Elkins, Morris & Co
The First Boston Corp.—
Glore, Fofgan & Co
Harriman
Ripley
2,500
Co.—
750
Wood,
~
of
&
•
—
cold
,
^
The
Inc.,
sell
The
to
up
91,030
Columbia
System,
:
Columbia Gas stock and wishes
of the new stock in accordance
the
shares
of
subscribe and up to 30,000 additional shares of such
with the additional subscription privilege, or to
to
to 910,306 rights to subscribe.
amendment
to
its
Columbia Gas
United states
proposay,
anticipated that the subscription price will be "at a discount
current market prices for such stock and, therefore, that the
that
it is
from
to subscribe evidenced by such warrants will have a
In such an event,
the United Corp.,
for the benefit
rights
value.
stockholders,
own
tional
of
shares
subscribe.
The
has
hearing.-—V.
should
such
be
stock
to
or
...
its
of
subscribe for addi¬
either to
permitted
common
market
its
rights
to
sell
to
request
."
..
SEC
.
given
until May 24
interested, persons
a
"
.
United Electric Co. of New Jersey—Bonds to Be Paid
Public Service Electric & Gas Co. above.—V. 119, p. 591.
7;/7
United Fruit Co.—Inaugurates
Lu.
Orleans.
New Steamer Service—
with a fast, direct weekly service from New
Cristobal, Canal Zone, this company has augmented
shippers
provide
to
service with an additional vessel lor the
service became effective with the sailing of the
regular fortnightly
week.
nate
Toltec"
the
which
rubber
Borger
will
be
This
New
from
Orleans,
May
12.—V.
Common
shares
of
this
issued in exchange for the
corporation to be
preferred and second preferred stocks of Electric Power & Light Corp.
under the plan of the latter corporation for compliance with Section
II of the Public Utility Holding Company Act of 1935 were admitted
to "when distributed" dealings on the New York Curb Exchange on
17.
41
for compliance provides for the retirement of all out¬
standing shares of preferred end second preferred stock of Electric
Power & Light Corp. including rights to all accumulated and unpaid
plan
dividends
thereon.
Holders of
Change
of Electric Power & Light may ex-
the $7 preferred stock
share for 6 5/10
each
stock of United Gas
shares of common
Corporation and 4 5/10 shares of common stock of Middle South Util¬
Holders of the $6 preferred stock of Electric Power &
receive for each share held 5 9/10 shares of United Gas
and 4 1/10 shares of Middle South Utilities common.
Fori
ities, Inc.
Light may
common
preferred stock, series A, of Electric Power
Light, holders receive in exchange 6 25/100 common shares of United
Gas,
4 3/10 common shares of Middle South Utilities and $5.25 in
each
of
share
$7
second
&
cash.
of
United
Gas
holders of
&
Light.
the
plan
common
.Gas
the
■
dealings
An
amendment
be
Incorporation
of
Certificate
the
to
to
the
stock
common
those shares to
be issued to
to holders
of the
option warrants of Electric Power & Light,
and
United
not being admitted to
"when
shares
to be
way"
quoted
on
of United Gas
so
issued
at present,
market
are
the Curb
common
Exchange
stock will
in United Gas common
con¬
the Curb Exchange, it was announced.—V.
p. ,1928.
.
,
..."
,
i
.
,
,
i
■
11.
7
169,
i
_i
is
Alberta
of
confirmed
of
ex¬
large
by; extensive
bringing
in of gas wells of
widespread area. How¬
how the newly discovered
over
a
approximately
to
500,000,000
subsequent
requiring
engineers
and
cubic
feet
increase
construction
of
consultants
daily
demand
in
duplicate
a
have
line.
that
stated
preliminary surveys, the gas reserves that
pipe-line upon further development will be
on
the
delivery
at
and
the
required
Canadian
for
rate
o'l
and
long
a
period
companies
gas
of
own
and
not
only
and
the
have
British
extensive
interests
Columbia, bu,.
pipe-line.
In
also
are
oil
bcin
to
the
and
organizers
/
pine-line
in
an
within
area
and
an
Oil
Co.,
project.
the
of
will
share
Petroleums.
The
Ltd.
proposed
the
on
of
amount
in
of
In
of
Alberta
passes
in
area
oil.
for
American
in¬
this gas. Both
Columbia
brought
this
reserves
interests
pipe-line
British
been
gas.
and
sale
substantial
the
and
have
of
the
have
route
Alberta
wells
gas
large
a
Ltd.,
west
number
a
presence
has
Oil
Facific
to
area
•which
the
in
through
border
in
indicating
Sunray
0.1
the
Corp
50/ interest, the balance being controlled
by Pacific Petroleums
Sunray is a substantial .stockholder in Pacific
Petroleums,. Ltd!
a
Ltd;
Although
recently
on
companies, both Canadian
Bear
fields
gas
the
among
of the
intention
Sunrav
1949,
,7
1949.
12,
',7 7
.
7"
7/7 7.' 77".' 7>\, 7/-'-'7'-
7,
directed that Exchange contracts
in common
stock on June 3,
1949, shall be ex said distribution; and
that all due-bills must be redeemed on June 7, 1949,
See also v. 169,
The
York
New
Stock
Exchange
/;."/;7z/7 -7777/;-" ■77/ 77v ' /7 7///
2036.
Westcoast
the
as
Mr.
Transmission
corporate
McMahon's
some) 12
to
years
vehicle
original
1937.
Co.,
for
Ltd.,
the
Associated*
has
proposed
conception
of
the
with
been
organized
international
project
Mr.
pipeback
dates
McMahon.
Pacific
.Petroleums, Ltd., and Sunray Oil Corp..is the investment
banking firm
:
Eastman,
of
the
.of
Dillon
&
Co.,
New
York,
which
will
handle
the
financing
°
pipe-line.
new
/7/7-/77
fund debentures, due April 1,
1973, are
outstanding temporary debentures at the
-Bankers Trust Co., 16 Wall Street, New York, N. Y.
It was further announced that temporary outstanding first mortgage
bonds, 3 Va 7
series, due April 1,
1973, may now be exchanged for
definitive bonds at Tbe Guaranty Trust Co. of New York, 140 Broad¬
way, New York, N. Y.—V. 169, p. 2036.
3Vz'/<
Definitive
available
in
sinking
exchange
Western
Co.—Earnings—
York
on
3Vx%
a
1948
1947
1946
$925,504
$947,439
$998,426
Company
of
has
597,564
595,053
623,026
345,732
235,547
204,973
211,005
174,664
*35,109
56,017
62,470
5,377
goods sold______
___
income
of
Earned
—V.
per
168,
com.
p.
K.
Arthur
$57,283
—
shares_
common
$91,386
$101,925
$8,774
222,739
222,739
156,907
$0.41
"
$0.46
$0.01
•
222,739
$0.26
share
1946.
Walter
S.
RR.—Plans $22,200,000
Stair
of
Jr.,
of
Philadelphia,
and William D.
Detroit,
Mich.;
Staley,
Jr., of Decatur,
Mo.—V. 169, p. 1928.
Washington
Allen
111.;
P.
and
Green
New York,
of
William
•
;
Davis,
Fierpont V.
Pa.;
Steele of
Bonds
&
the
Terminal
no
issue
.Six
other
bids,
working capital../:/77"/
loans
.7/:7;'7;;77!
is
one
p.
589.
Corp., Smith, Barney & Co. and Whiting, Weeks
Stubbs
$29.50
Vv;7'
May
share.
stock
awarded
was
sec.—V.
each
May
18
8,607
by
169, p. 3463.
7
7 '
.
New
v.-
„■
Mexico,
C.
Mo.;
Shank
of
Kansas
City,
The
has
company
50,000
additional
Electric
to
are
be
expenditures
tor
ested
used
of
its
Co.
'
-7 '•
.■
at
System
v;';.
7
•'
-
to
be
loans
May
SEC
31
to
authorization
to
have
payment
bonds,
time.
of
due
is
T.
the
made
of
the
during the remainder of
$500,000.
request
with
coupon
this
coupon
to
found
(F. W.)
J.
and
reference
rectors have
deposited
interest
1979,
This
With
been
the
The
SEC
the
which
interest
it necessary to
be
and
inter¬
2332,
p.
Interest-
Trust
Co
for
the
1,
1948, on the .3 V -4V2
deposited for payment any
payment,
coupon
1949
given
168,
1
Michigan
Dec.
may
has
hearing.—V.
a
due
coupon
on
the
sell
and
($20 par) to its parent,
for $1,000,000 cash
Pro¬
issuer's treasury for capital
Wolverine Power Corp.—To Pay Dec.
Funds
issue
stock
common
(Milwaukee),
reimburse
to
and
bank
until
persons
of
Power
made
repayment
requested
shares
Wisconsin
heretofore
was
due
June
1,
defer payment.—V.
Woolworth Co.—Leftwich
a
deferred.
1949,
(lie
di¬
159, p. 682.
Director—
Leftwich. who has been with the company for 36
p°V2149 Secrefcary ancl Coiltrollei'- h&s been elected
;
Co.—Bonds
England Electric
\7/v;;... 7;/7;/ /...//
...77
•
,
shares
common
Wisconsin Gas & Electric Co.—To Sell Stock to Parent
Frank C.
Edward D.
Augustue E.
and
years
is
a Director.— V. 169,
Worcester County Electric Co.—To Issue Bonds—
Placed
public reoffering to the issue.
will
19 offered
on
per
'
The
Utilities
bonds,
to
over
to
in
not
Proceeds
linance
It
program.
summated
petitioned
authority to
for
mature
3 '/4%.
.incurred
tion
has
company
Public
guaranteed as to both principal and in¬
terest by Philadelphia, Baltimore & Washington RR.—a unit in the
Pennsylvania RR. system—and Baltimore & Ohio RR.
of
May 17.
retire bank
Western Massachusetts Cos.—Stock Offered—The
First
Boston
Y.;
N.
Privately—
The award of $1,600,000 first mortgage bonds, series B,
due May 1, 1974, went to Adams & Peck May 11 at
competitive sale on a bid of 98.051 for a 21/2% coupon.
There will be
to
plants in principal dairying states and
country's major producers of dried whey solids.—V. 167,
the
Improvements in 1949
Atkinson, President,
Franklin
was announced
used
7
>
at the annual meeting of the share¬
holders held on May
17, at which 96.25',/
of the voting stock was
represented, stated that the program for improvement and additions
to roadway and rolling stock during the year 1949 provides $4,500,000
for roadway and $17,700,000 for rolling stock, a total of $22,200,000.
The
shareholders
elected
the
following
directors:
Mr.
Atkinson,
Charles Belknap,
Donald Danforth, A. Wessel Shapleigh, George H.
Sido and Tom K. Sinith of St. Louis, Mo.; Martin W. Clement and
Nicodemus,
will, be
30
ceeds
Net
loan
and to add to net
$534,548
Federal income taxes
No.
15-year note, it
Proceeds of the
(which
/
1949
sales
expenses
Privately—Com¬
has arranged through Dean Witter & Co. to borrow
$1,750,000 from The Mutual Life Insurance Co. of New
The
Operating
Co.—Borrows
for
Victor Equipment
Cost of
Condensing
pany
Co.—Definitive Debentures Ready
in
the
would
be
Massachusetts
issue
exceeding
30
used
$5,500,000
years,
to pay
temporarily a portion
is anticipated the sale
early July—V.
152.
p.
of
of
of
and
Department
of
first mortgage
bear
interest
indebtedness
the
to
company's
the
bonds
'will
not
banks,
construc¬
be
con¬
1455.
be
The United States Trust Co.
stated.
been
the
scattered
considerable
gas
American
J/lls area
,
7
filed
was
due
in
pipe-line
value,
par
p..
of
a
based
support
cluding
pursuant to which each share of common stock, of no
will be changed into three shares of common stock, of no
par value, by the distribution on June 2, 1949, of two additional shares
to holders of each share of record at the close of business on May
12,
Commission
completed
777//
is
degrees Fahrenheit
Distribution—. /
7
,-
Ltd.,
Co.,
to the north of Edmonton, where today extensive
gas
being established incidental to the present intensive search
'•
in
preferred and second preferred stocks of Electric Power
dealings
"regular
to
distributed"
Corporation is limited
covering issuance
stock
common
The
"when
for
As no date has been set for consummation of that portion of
distributed"
tinue
■■•;••'
.
market
The
to
line,
May
natural
available
winch
It
.
United States Steel Corp.—Stock
/-/
lying
are
instead of the customary 122 degrees.
produced in large' quantities at the plant formerly oper¬
by U. S. Rubber in Institute, W. Va.—V. 169, p. 1821.
ated
be
Bear
.
//•--
Transmission
Province
has
and
work
eventually
opinion,
Alberta
in
first
was
construction
and future owners
equipment,
of
Vancouver,
and Oregon
/ /
concessions throughout the tributary areas in which the
gas-beanng sands lie. Among the companies which will be benefitted
by the new pipe-line are Sun ray Oil Corp. and Pacific Petroleum,
that
Wabash
'77-
.
their
leases
produced
3 Mos. End. Mar. 31—
change—Offer Admitted to "When Distributed" Dealings
on Curb Exchange—
The
installation
completed
have
/
/
plants
'
.
Power
The
the
in
and
gas
locations
years
alter¬
"S. S.
1928.
169, p.
«United Gas Corp.—Common Stock Issuable Under Ex¬
May
of
monthly after October, when other
produced
stated.
added
about
of
It
Net
.
ahead
completed,
Synthetic Rubber Opera¬
;/</,
plant's share of the 33,600.000 pounds of
,
-
natural
on
Federal
necessity,
exploratory
probability of
ample
169, p. 2149.
See
its
has
it
to
Washington
Westcoast
the
to
of
existence
the
Ltd.,
Utah Power & Light
To
Com¬
approximately 60'/ of all general purpose synthetic
will then be of the cold type, based on current
production levels.
■
'
~ /
'
He
explained that cold rubber
gives 30'/
longer tread wear in
tires
than
natural
rubber
because
it
is
made at
a
temperateure
;' 7 '' ' 7777I
■
the stock is to be filed by
heretofore filed.
subscription • price for
an
Gas
stockholders.
its
to
company
shares
The
of
the
war,
Well-known
accordance
in
up
in
rights
its
stock
for
stock
common
that
by
910,306
owns
applied
the
offered
being
subscribe
with
of
shares
to
United
-to
has
corporation
scribe
announced
16
through
$175,000,000.
the
.in
plant to complete the authorized conversion to cold
today stepping up production of the superior synthetic
5,600,000 pounds a month and will turn out 3,200,000
be
Wendes
He
made
over
first
of
will
rubber
be
with
Texas.
is
rubber
Mr.
7/
77/ ■/-;7:7;./ '
for authorization to sub¬
77;'
to the SEC
■
May
on
Manager.
This
ji«!
Corp.—Would Subscribe for Columbia System
'United
■'
77/
Plant
Rubber
Co.—Cold
the Canadian Rockies
corporation,
about
of
pletion. of
V'
.
President
it has heretofore not been clear just
would be marketed, since Canada itself is
presently incapable of
consuming more than a small part of the indicated potential delivery
capacity of the proven and semi-proven reserves. With the construction
installation of equipment needed to produce its share
cold rubber at the plant it operates for the government
the
It
rate
a
tions
1,500
,
"
2149.
p.
the
south
ever,
office
an
"
McMahon,
of the initiation of a, project
30-inch natural gas pipe-line to
Province of Alberta, Canada, west
mile
gas
pounds in May, according to J. C. H. Wendes,
2,500
.
Borger,
This is
to
1,000
—
Co.__——
the
synthetic
.Stock
and
v.;"•'."'.>•//
Frank
by
12
Canada,
-
years.
company
rubber.
1,000
Struthers & Co
the
-Numerous
synthetic
in
1.0Q0
Wertheim
<Inc.)_
Co.
Henry Herman
—V.
169, p. 1928.
This
schedule,
4,000
G. H. Walker & Co
4.000
Inc.
Harris. Hail &
Scribner
&
169,
States Rubber
United
1,500
Barney & Co.—_
Brothers & Co
Deane
floor space
of
Pacific
of
the
projected pipe-line to
the
Pacific
Northwest
and
northern
California, a solution to this problem will have been found, as mar¬
keting surveys have Indicated a demand in that, region uoon com-
pleted—
2,500
Stern
feet
square
thence
certificate
potentials
will
1,500
Smith,
18,000
"
the main office.—V.
1,000
Co.-.
&
has
to
passed by the Senate and the House of Commons
Parliament and sanctioned by the Governor General
will
a
cost
and
high
system of distributing units, said that
immediately available to lumber dealers
of Weldwood plywood and
affiliated
2,000.
Gas
been
geological
Warehouse Opened
i,odo
Hutzler
Singer,
Co,,
&
4,250
Co
Bros.
line
May
of
1,400
a
part of
and
Canadian
lor
to
Since
operations of the company's Brooklyn and Long Island ware¬
houses will be consolidated, with the New Hydn Park unit serving as
1,000
Salomon
course
,
4,000
Piper, Jatfray & Hopwood
R. W. Pressprich & Co.—
•
make
Ltd.—$175,000,000 Inter¬
Canadian
purpose of constructing and operating the Canadian part of
pipe-line. It is expected that an American corporation will be
formed to construct and operate the American end of the line and that
pected
/The
1,000
Ohio
will
complete
a
warehouse
of
area
750
Maynard H.
Republic Co.
(Inc.)——1L—__
builders
The
750
The
Central
E.
1,000
Leonard & LynchMurch & Co.
Moore,
'
nation-wide
a
appointed trustee
the
application
products.
4,000
& Co
Brothers
Lehman
in
warehouse
new
and
2,500
Co-
&
Loeb
Becker & Co. Inc._-
Blyth & Co., Inc.——Bosworth, Sullivan & Co.
A. G.
of Shs.
.
Johnston, Lemon & Co.__
Kebbon, McCormick & Co.
Kidder, Peabody & Co.—
Kirkpatrick-Pettis Co._v.__
Co.,
Inc.
Hutton
E.
..
corporation will open a new warehouse today (May 23) at New
.Hyde-Park, L. I., N. Y.
/7;7:.7777: .e'7 ;';7/;;:/.77,/Y77
M.
W.
Pollack, Vice-President, in announcing the opening of this
link
''77:.^:^
the
The
newest
Co.,
Carry
through passes in
Canadian
a
has been
California.
has
act
of
northern
south
creating
to
made
was
Columbia
the
for
■
the remaining
"< 7
of
liquidating-dividend,-^V. 169, p., 2036.
a
as
them
the
York, N. Y.,
bonds.
New
Petroleums, Ltd.,
northern
An
operating companies will be disposed of on dates
by offering the stock of one or more of the
under
purchase
rights to
the
stockholders of
the
No
'Goldman, Sachs & Co.__
11,000
A. C. Allyn, Inc.—___1.50Q
Bacon, Whipple & Co.
1,000
into
later
and
Leundro,
California—
construction
quantities
follows:
as
No. of Shs.
the
of
compahles
underwriters and the number
the
of
names
Pacific
British
Power Co.
major
951.565
outstanding-——
shares
common
; UNDERWRITERS—The
Announcement
for
then
those
San
2301.
p.
incoine
Transmission
Northwest and
of
CO:,
$645,800
Pipe-Line
from
St. Joseph Light &
of
national
,102,808
$1
issue
and
of
Northeast, Pa.;
Calif.;
Y.;
N.
Ark.;
167,
located
plants
of
Colonial Trust
an
run
determined
and' Brocton,
Springdale,
Can,—V.
eight
.
May
Westcoast
meeting on May 19, stockholders of United
as
directors G. P.. Conrad, Pres. of IowaCo.; C. A. Leland, President of Iowa Power &
owns
be
Mich.;
and
necessary."
Westbrook-Buffalo, Inc., Buffalo, N. Y.—Trustee—
The
of
elected
Electric
output
ended
and Eastern Kansas Utilities,
Inc., all operating companies. United Light also owns directly 100'/
of
the
common
stock of Iowa-Illinois
Gas & Electric Co.,
another
operating company.
77";', //-'7/,'v
7/7/
$1,797,109
694,301
profit
Number
stockholders of
common
United
to
$2,144,511
/" 825,834
———
Earnings per common share
'.
in
interest
one
United States Plywood Corp.—New
Net
.
its
of
of
Light Co.,
W'estfield
at
Ontario,
be
include
the electr'c properties of this company for 'the
14, 1959 totaled 105,953,700 lcwh., an increase of
1.07'/
over
the output
of 104,829,000 kwh., for
the corresponding
week of 1948.—V. 169, p. 2149.
7/';■/'//7/'7'77./ 7- 7 7
V
Co.; and Charles A. Semrad, President of St. Joseph Light &
Co.
They succeed Ralph T. McElvenny, Donald R. Richberg and
Johnson, all of whom remain as directors of American Light.
Light
each
Lawton,
transactions concluded
will
concern
West Penn Electric Co.—Weekly Output—
week
directors'
the
Rys.
One
and
Catherines,
Power
years.
disposed
year
shares in
634,667
St.
Light and Continental Gas & Electric Corp., in which United
a
nearly 100'I
stock interest, recently adopted a policy
liquidation and a plan will soon be filed with the Securities and
Exchange Commission for its approval. Continental Gas owns all the
common
stocks of Kansas City
Power & Light Co., Iowa Power &
7:
1948
$1,318,677
other
early
several
for
Utility Holding Company Act.
&
Illinois
-77/
'
1949
and
Welch
the
any
nor
discussions
further
of
his interest
United
Light
Prior
Light
after
income
all
retaining
of
follows:
as
reached
been
that
properties
Mattawan
pro
rata share of the
share of American Light
'for each five shares of United Light owned. The divestment is being
made to meet Securities and Exchange Commission orders under the
Public
expected
•
Light & Traction Co., through a rights offering to its com"stockholders. To complete its divestment of the interest in that
remaining
agreement has
is
The
v
a
to
United
ACCOUNT
INCOME
Three Months Ended March 31—
"No
it
Asso¬
May 17 disclosed that the association has under considthe
acquisition by purchase of the Welch firm.
He said:
on
-eration
has been elected Chairman of
Woolfolk, retired. Mr. Woolfolk will
company United Light proposes to offer its
record June
1
the right
to purchase their
.
earnings.
COMPARATIVE
■
is
Dern
Stocks
,.7-7
;
the Chicago
law firm of Sidley, Austin,
director of the company since 1938, has
succeed Mr. Chubb.
:
and
President
affiliates
mon
-
the period from Jan. 1, 1947, through
expended approximately $13,000,000 for
from
ciation,
in
partner
Harper,
Co.—May Bq Acquired—
7', Hall M. Clothier, President of the National Grape Cooperative
American
March 31, 1949, the
company
the construction and
acquisition of new plant facilities to replace or to enlarge existing
plants and for warehouses and delivery equipment.
It is estimated
that
approximately $4,000,000 will be required for construction in
progress on March 31, 1949, and the acquisition of additional equip¬
ment
authorized for purchase on that date,
including additions to
existing plants, new distributing warehouses, machinery and delivery
equipment.
While no definite long-term plans for additional construc¬
tion, have been formulated, it is anticipated that, to provide for the
growth of the business and more efficient operation, additional plants
may be constructed -during
the next few years.
It is possible that
additional
borrowings may be incurred or securities issued in the
future for this and other purposes, but at present the company con¬
templates that any further cash requirements for these purposes will
met
Dern,
United
to
payment of $3,000,000 of notes held by Manufacturers Trust Co.,
New -York, the proceeds of which were used, together with other funds
of the company, for the construction or acquisition of capital assets;
and it is estimated that approximately $4,000,000 of such net proceeds
•will be expended for construction now in progress and the acquisition
of additional equipment.
The remainder of the net proceeds will be
added to the general funds of the company.
During
Welch Grape Juice
—
in the law firm and is assuming
his new
post only for the. purpose of exoedHing the liquidation of
.United Light.
He has been, counsel for the United System for the past
10 years and has been a member of the boards of various subsidiaries
Mr.
Monday, May 23, 1949
director.
a
named
,and
the
be
'
Light & Traction Holdings—
succeeding William G.
as
Burgess .&
been
.
Common
Changes
Management
—
Chubb, formerly President,
N.
board,
John
$10,000,000
*$9,564,000
110,000 shs.
1966___.
1,
April
(no par)__
due
debs.,
Co;
Subscribe for American
remain
GIVING
Rys.
CHRONICLE
Stockholders of Record JuneT. 1949 to Receive Rights to
The
CAPITALIZATION,
Li?lit &
FINANCIAL
&
Wright Aeronautical Corp.—$1.25
The
of New York is trustee.
naming
2% e/i
coupon,
were
received
at
the
sale. These
were:
Halsey, Stuart & Co. Inc., 98.282; Drexel & Co.,
98.1799; W. C. Langley & Co., 98.3911; R. W. Pressprich & Co., 98.40;
Kuhn, Loeb & Co., 98.88, Otis & Co., 98.1655.—V. 169, p. 1929.
on
directors
on
May
the
similar
of
distribution
was
$5 each were made
on
13
Quarterly Dividend
declared/a
dividend of $1.25 per share
stock, outstanding, for the second
June
16 to holders
of
record
May 31. A
made on March. 28, last. In 1948, payments
599,857 shares of
quarter of 1949, payable
common
Aug. 23
and Nov. 30—V.
169, p. 2149,
Volume
169
Number 4305
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2217)
13
BH
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSOE
STOCKS
1948
Lowest
Sper share
$ per
2%
100
Saturday
Monday
May 14
Par
AND
t per share
HIGH
SALE
Tuesday
May 16
J per share
Apr 22
40% May
70
May
80
2
Abbott
3
Laboratories
Abraham
May 16
&
Jan
2% May 19
3 % Jan
7
ACF-Brlll
55%
Jun
x43 % May 19
49% Feb
9
Acme
Steel
5
new
Straus
No pai
Motors
Co
2%
*44%
44%
wi
______
39%
$ per share
40
*80
2%
44 %
.
—
80
2 %
.
44%
*80
2%
44
Feb
23% May
17% Feb
Dec
46%
35
Jan
10
19% Jan
6
Adams
5
41% Apr
7
Adams-Millis
Jan
27 %
Dec
41% July
27% Mar 28
30
7%
Feb
22%
14% Feb
5
20% May 17
7% May 17
46% Apr 21
18% Jan
3
46% Apr 20
23% May 16
X18%
99
Dec
27% May
Nov
2'/2
108
13'/a
Dec
Nov
2'/a
37
t
Dec
Feb
65
97% Mar
May
4% May
Nov
65
Dec
Dec
9
4% May
Oct
7%
25
24
16%
25%
25
/
81
:
25
75
May
64% Jan
34
May
May
95% May 20
Dec
96
21%
Dec
34% May
37% May
Feb
2
174
Jan
16% Apr
83
3
83%
Feb
34%
Dec
6Vb
Oct
47
Nov
121
May
Jun
Mar
6% Jan
52%
10
68,
Mar
20
May 17
43
89% Feb
7
106
3
Apr 18
40% Jan 25
Amerada
34% Jan
3
10
Mar 30
American
May. 18
51
6ft
31
Jan
4
65
18% Mar
29% July
20% Jan
3
58'/a
70
62% Jan
19
Feb
May
—
31%
103
Dec
Nov
43% May
111
Jun
6%
Sep
3
Dec
10%
6%
Feb
92% May
76>/4
30% Mar 23
100
Dec
Jun
Amer
104
Jan11
4%
conv
3
93% Apr
27
Jan
61
82
110
Aug
106% May
38
Dec
51
May
39% Feb
15
Dec
20%
Jan
6
108% Feb
46 % Apr
4.
18% May
*
■
8
14%
Dec
22%
Jun
Dec
94
Jun
77
Apr
18
33%
Feb
43
Oct
35% Feb
8
9 4'/a
Feb
107%
Jun
99
3
25
Feb
Jan
29% Jan
3
%
v
7ft
Loweat
t per share
5
Jan
Lowest
Highest
$ per
5
14% Mar
15% Feb
24
17% Jan
17
13'/a
19
13% Jan
5
1% Jan
4
l'/a
Dec
Sep
Dec
42
6%
Apr
4% May
89%
Jan
44
Jan
18
Apr
8
2% Jan
10
58
3
Apr
14%
Jun
6% Jan
3
9
% Apr
Nov
77%
Jan
38% Jan
3
51
Jan
31
Dec
43 % May
3'/a
Dec
Jun
207/a
5%
7%
Jan
Jan
53
35
Mar 21
3% Jan
47
Jan
3
37% Feb
4
4% Jan 20
3
47 % Jan
Dec
21% May
94% Jun
Dec
10% May
6
24% Mar
93
Dec
5%
29
Dec
Feb
6%
Feb
80%
Nov
69 %
Nov
35
78% May 13
July
98
Dec
8%
35
Jan
Dec
11% Jun
95 % May
86% May
May 10
12% Feb
76
Jan
4
5% Jan
25
83% Feb
11
70% Feb
10
81
11% Apr
22
Feb
28
Oct
23% Jan
38
Sep
46
Apr
38
Feb
Mar
31
Mar
125
Nov
68
May
163%
Jun
35% May
140
Jan
169
6% Mar
Feb
175
8
8
May
39
3
142
conv
American
Amer &
$7
American Hide
6ft
conv
7 ft
3.90%
54% Mar
Oct
Feb
115%
Nov
6%
Dec
x33%
Nov
Dec
76% Mar
x5%
Dec
51
Nov
68%
144
Jan
Mar
71% July
60% Jan
135
Jan
4%%
Amer
Jan
63
7
xll7% Apr
18
Apr
6% Jan
3
56 % July
25% Apr
21
8%
104
Jun
112% July
8% Jun
67
May
83
Mar 31
62% May
5
19
Mar 16
51% Apr
,
Co
Power
&
Jan
7
29
24
8
30%
Feb
Feb
41% May
45% Jun
27% May 12
27% Apr 13
35% Jan
35% Jan
25%
Oct
38%
25% Jan
32% May 17
Sep
107
Jun
3
99% Mar 29
105
Max
7
2
101
;■ 101
7
7
3J/a
3%
3'/a
3
3%
*90 %
91 %
92
90 %
91%
90'%
90%
9- %
91 y4
fl
91 y2
177
176%
177
26%
26%
68 V '
*66
26%
67
67
■i
21%
22
22
108
*77%
42%
16%
*77 3
*31%
25 %
65%
62%
62%
40c
17
com—
1
5ft
•
7ft
13
*78%
79%
78%
78%
102
6'/a
.1%
1%
1%
52%
52'/a
52%,
8%
44
*35%
3%
3%
*46
29
7%
28-%
7%
7%
90
*80
12%
*80
12%
*17
12%
*17'
17%
14%
141/4
14'/a
79 V*
79 %
*78%
13%
13%
13%
13%
79
*77%
*5%
5%
%
24%
*101
77
79
*5%
5%
x24 %
•
24 %
102
102
*99%
6
*78%
10
10%
10%
10%
10%
10%
10%
91%
92
92%
93%
93%
93%
92%
80
81
.
80%
>.28%
28%
7,900
1,100
7%
7% v>
90
*80
12%
12%
14%
14
*78%
79
80
13%
77%
6
13
*76
79%
102
34%
700
10%
92%
91%
91%
33,500
1,500
4,100
14,400
*78
79%
12%
11%
*168%
172%
*168%
172%
5
7%
7%
7%
7%
7%
7%
7%
7%
7%
7%
30 %
29%
29%
40
39 %
39%
45
*147%
25
com
100
Foundries___No par
Co
No par
No par
149
*38%
*140
24%
26%
*8%
'
8%
*39
46
149%
*38%
39
25%
30
40
148%
142
*24%
30
45%
45%
par
100
preferred
29
*39
29 %
39
142
*140
.
Tobacco
Tobacco
common
'
100
Viscose Corp
common—14
100
Works
Woolen
Co
Inc
5
common__No par
100
$4 conv prior preference—No par
Zinc Lead & Smelt com
1
$5 prior conv preferred
Anaconda Copper Mining
/
&
Cable
25
50
No par
Anchor Hock Glass Corp com__12.50
$4 preferred
No par
& Co
Anderson-Prichard
Oil
8% May 13
10% Jan
12
4% Jan
5
Corp
Copper Mining
Products Co
Inc
68%
144
1332
68%
144.
51%
119
51%
119
*7%
8
39
144
23%
23%
24%
24%
*8%
8*14
18
*17%
14iy4
1
141%
1I3G
02
68%
69%
144'%
I441/2
51%
52%
120
119%
8%
36
*123%
18
141%
lo'a
69%
'",144
521/4
*119%
8%
8%
36%
36
*123%
125%
18
18
141%
141%
1 3Sa
1 '/8
691/2
70
8%
36
125%
18
141%
133
70
51%
51
119%
119%
*118%
119%
119
120
27%
26
26%
86%
84%
85%
71
*66%.
71
*64%
701/2
64'%
64'%
5%
5%
52%
521/a
28%
29%
7%
7%
5
52%
'
7%
7%
*102
103%
*102
27%
62%
119
4,500
370
7%
27
2,600
14,100
87
300
66
200
5'/a
5
5
2,100
52%
52%
52
52
640
*5
62%
29%
28 %
29
28
28V4
29%
29%
28%
291%
28
28 Va
32%
*32%
32%
*321%
33
32%
32
IO31/2
*102
IO31/2
*102
103 Via
1031/2
103 %
*103%
105
*52
52%
*52
52%
52
52
191%
19%
19V4
18%
9
*8%
9%
*8%
9%
100
3
2%
2%
*2%
2%
500
*51 %
52.%
19%
19%
20
*9
2%
9,100
290
51%
*82
15,700
173,400
.28%
19%
*9
13*3
70%
145
*62%
.
1,000
'
28%
52%
9%
18
141
32
19%
3
7%
26%
,
900
1,200
29%
*51%
~
87 %
8%
35%
124
32%
lo
*2%
145
7%
26%
*81
29
29 %
'
*32
146
4,100
2,000
28%
28%
32i/2
52
29%
29
28%
32%
27%
52 '/2
69%
51%
*851/2
*52
11V
1%
70%
52%
7%
51%
18
140%
51%
87%
5
13'2
69 %
18 y4
141 y4
52%
28%
5%
18
141 %
35%
*144 %
7%
5'/a
8%
*123%
144 %
27%
7%
8%
35%
123%
144%
*85%
27
8%
*35%
*123%
144 %
85%
51 %
600
30
24%
27%
5%
180
38%
24%
85%
5%
5,900
144
24
*
27
*66
38%
*141
24%
21%
5
39
*141
24%
36%
;_25
39
144
25 Va
124%
13S2
39
*141
3,300
3,700
100
'/■}
24%
36%
.___.
39
44
151
25
*122%
18
43%
*150%
151
142
7%
30 ,;..h
39%
24%
36%
141%
*39
12
25
124%
18
44
*150
29%
30%
39%
44%
80
24%
36%
141%
45%
149 %
7%
500
175
24%
*121'%
5
44%
149 %
148 %
11%
*170
•24%
100
100
*38 %
142
'
46
30%
*39
12
25% •25%
24%
100
common
45%
148 "2
60
10%
172%
40
78
10%
*170%
29 %
5,500
35%
12%
*39
200
13%
6%
172%
par
7,500
*5%
11%
par
17 Va
34%
6
*170%
12. j
400
14
172%
12%
12%
*37
11%
,
90
17'/a
*170%
12
7%
1,800
*34%
80
100
29
101%
34%
79%
1,200
47%
*99%
*99%
34%
79
600
3%
*46
300
35%
12
35 %
3%
47%
5%
35 V8
79
1,400
24J/t
92
*91%
6,900
5%
lo %
10
r
24%
35
Vs
1,500
8%
44%
*35%
3 %
2,400
5%
*6
6
8%
<;
35%
100
1,500
*43%
44%
1,000
17
24%
35
*5%
8%
Va
24%
6
5%
53
5
17%
5%
:
35
6
*34%
Shares
1%
47V4
'
*101
16%
80
*77%
24
16%
14%
13%
5%
Amer
Andes
79%
12%
24%
preferred
A P W
*79 %
79%
16%
100
Sumatra
Wire
14 %
12%
*5%
*16%
35%
28%
17%
the Week
5%
8%
3%
13
Bales for
17%
44%
35%
90
*5%
No par
8%'
*46
*17
800
share
16%
*43
7%
$ per
5%
*
1%
*12%
79%
102
$ per share
52 %
3%
31%
16 %
*1%
35%
3%
1,000
Friday
May 28
May 19
$ per share
51%
*80
24%
preferred
Anaconda
*35
14 %
14 %
Thursday
May 18
12%
5%
com
32
105
PRICES
Wednesday
share
17%
12%
*101
31%
29
24%
1
31%
47
*5%
100
31%
105%
*31%
HIGH SALE
47
*24%
No par
104%
90
14 %
*-78
50
1051/2
9%
7%
14'A
600
105%
44%
28%
Co
preferred
American
9
7%
12%
16%
105%
1%
44 y4
28%
*17
*16
106%
47%
*80
500
8,500
52%
1%
7%
17%
16%
18%
77%
17
£2
28%
13
20
2,700
18%
18%
45%
42%
16%
16%
7%
90
1,700
108
45%
77
5%
28%
*17
21
20%
1C7
v.'
41%
17%
7%
*12%
21Va
77%
5%
28%
*85
900
43%
*16%
3%
62%
77%
5%
35 Va
3%
3,200
J-'" 62
42%
17%
9
130
25%
43
5%
43%
*46
16
2,000
25
79
May 17
13 4
35 Va
3%
16%
5,400
42%
Tuesday
52
52
47%
*16%
*16%
No par
Rights
Am Water
3%
*46
*18%
32
$ per
17 Vs
1%
1%
18%
6
17'/a
52
18'%
3,900
*
177 Va
176%
108
46
6%
*77%
AND
___l
American Tel & Tel Co
6ft
*1%
*50%
45%
"18
*5%
*17
17
preferred
American
5%
17
preferred
American
5%
17
*107
46 Va
79
32
May 16
6%
43%
106%
Monday
108
46
16%
16%
43
t per share
$ per share
21
21%
106 %
18%
*77%
32
32
*
101
25%
46%
*18%
105%
com_No par
Anderson, Clayton
2
26
."'y.
177%
21%
22
106%
46
42%
105 '/a
21%
106%
79
8
42%
32%
:
16%
*15%
79
42%
106
106
21%
108
*106%
*
No par
7
2% May
*176%
25%
26%
177
61
26%
-
*65
35%
27
24.
176 %
177
68
26%
*35
55% Jan
23% Jan
92
177
*176
*15%
100
Refg
1,300
% 600
7%
101
50
6,800
31V2
101 y*
1 101 %
__i
com
Snuff Co
y"
8'/a
*31%
•
3%
101
San'y com—No par
non-cum
65
8
:
1,100
1,700
7
No par
preferred
American
31 y*
23
65
2,000
65
8%
:* 31 Va
34,000
*101
8%
2
page
31%
43 %
24
see
31%
8%
18% Feb
Apr
6% May
31%
44%
50% Apr
footnotes
31%
700
9%
22%
65
8%
36 %
*64 y4
65
23%
*64%
100%
9%
3%
Saturday
American Stove Co
7ft
23 Va
•
600
99
;.:v;
7%
No par
6ft
*64%
36%
9%
3%
50
Light
*
31%
*8%
Jun
Dec
102 % '
9%
900
2%
42
36
103%
36%
8%
*43%
Jun
For
65
8%
No par
Co____;
lo
60%
4
65
8%
_No par
Ltd
101
'
9%
8%
May 14
36%
14
37
9%
8%
LOW
18 %
Feb
%
103%
36%
30
2%
*37
42
5,700
400
7%
20
46% Mar
Mar
37
30
.
82
3%
lo
Safety Razor—
American Seating Co_
No
Amer Ship Building Co_
No
Am Smelt & Refg common__No
4
57% Jan
30
Jan
■
*103
104%
30%
2%
29%
7%
No par
American
2%
*37
100
29
82
101%
10
American
38% Feb 17
•91% Mar 11
■;
10,500
89
*88
r
3%
preferred
7ft
30
3
42
V
7%
preferred
7ft
May 16
8% Mar 30
6% Jan
1,700
101%
10'j
com
com
Leather
Molasses
Amer Rad & St
120
80
29%
3%
$6
24
Jan
Jun
120
70% May 20
145
300
28
29%
7
$5
5
3
31
3
*37
31%
32
.7
No par
preferred
American
It7* May 13
3
28
25
American News Co
18% May 19
49% May 10
:
600;
1,200
3%
STOCK
Co
American Sugar
8
*101%
1
preferred
American Metal
17
1-,'g May 20
31
3
43
8%
8%
■I'
16%
*16
1
Inc
Amer Machine & Metals
Feb
98
100
Co
100
34%
90
*31%
Fdy Co com___No par
Steel
46%
No par
com__
preferred
Amer Macb <fe
Stores
150% Jan
31%
3
42
*37
65
Products
Co
American
28
*31
*37
3%
*3
3%
23%
Co
&
American
131
31%
*31%
31%
*64%
preferred
7
140% May 20
82%
30
*81%
*23%
;■
28
xl6% Feb
29%
82%
83
65
$7 2nd preferred A—
26% May 13
12V2 Jan 13
158%
88
29
82%
*88
30%
83
23%
t.—$6 preferred
21 Va Jan
10
88
30
29%
82%
65
No par
23% May 10
37% Jan
89%
29%
*88
30%
82%
23
Foreign Power com__No par
Jan
126% Jan
30 y8
65
preferred
Jun
4
28%
29%
23%
Encaustic Tilings
Apr
30
28 %
30%
65
YORK
24%
25
28
29%
23%
Distilling Co
27
31% Feb
28
30%
65%
American Hawaiian SS
May 17
120% Apr
28
23%
American European Secur
American Export Lines Inc
3
41
May
131% July
20% May
16%
30%
8%
Par
Mar 31
Jan
16%
23%
'*65
1
preferred series A_100
35%
6
16%
30%
*2%
10
common.
Cyanamid Co
Dec
8 % May
16%
64%
Crystal Sugar
prior preferred
Dec
Jun
31%
89%
*88
89%
18%
American
7
5
Jan
16%
83
18%
10%
Dec
4
30%
*82%
18%
10
34% Jan
175%
■
7
64%
Colortype
21
16%
*88
*18%
3%%
5
154% Jan
11
200
175
29%
10
25
41% Feb
56% Jan
Feb
130
7
500
2,900
91
*89%
*6%
*27%
30%
46 %
4% ft
30% May 17
4
11
43% May 12
142
Feb
91
174%
64%
:
Nov
147% Mar
27%
30%
45%
May 17
14% Jan
Mar 31
21
95%
6%
64%
&
25%
116% Mar
27%
45%
American
22
7% Feb
16%
46%
28%
30
45%
14
6% Jan
35% May 17
10% Apr 13
94% Apr 14
Dec
139
101% Apr
8
Nov
Jan
19
20%
6%
16%
*106 %
20
Feb
Feb
Jan
12
7% Mar 14
3
32
6%
12%
16%
No par
20
30% Jan
29
96% Jan
12%
16% May
3
Jan
14% Apr
81% Apr
11
5% May 20
<22% Apr
162%
176
102
73%
95%
174%
63 %
6ft
non-cum preferred
100
American International Corp_No par
American Investment Co of 111
1
American Locomotive common
1
14
73%
74
20%
95%
6%
63%
May 10
Jun
8,900
4,400
176%
100
90
Jun
2%
48%
6%
preferred
7
Nov
*16%
10
2%
48%
176%
7
16%
__No par
27
12% May 16
17% Apr 30
18% Jan 20
69
*67%
2%
49
*89%
91
*89%
10
3,000
1,600
15
15
176%
9%
23
1
91
7
*176
24,500
3%
3%
3%
74
96
9%
Feb
15% Mar
*89%
6%
177
23%
101
*100
20%
20%
103%
11% Feb
73
Jun
12%
91
6%
176%
47%
23
101
*93
20%
96
*36%
Ice
Jan
23%
*100
74
21
98%
*97
9%
Home
72%
*89%
7
176
29%
72%
20%
98%
36%
American
Jun
69
103 %
American
19
*67%
67%
9%
May 17
15%
67%
69
36%
May 11
92
15
102%
8
Jan
*14%
9%
29
Feb
15%
15
36%
5
26%
21%
91
*6%
176
102
5
13%
3%
9%
5% Jan
10%
3 %
36%
24% Jan
108
75
20%
*97
*101
8% May
Feb
73%
99
No par
26% May
Dec
*67%
42
Feb
Dec
16%
68 %
*37
Dec
79
95%
*67
*46
47%
23%
3%
15%
100
6
37
46
15%
No par
4
35%
Dec
15%
76
*89%
EXCHANGE
6 % Apr
;
23%
100 %
*72%
1
share
28
*46
47%
23 %
100%
72%
—100
Chain
NEW
4% Feb
*46
23%
101
*15%
i
1
7% May
19% Oct
47%
23%
*100
__1
Corp
preferred
Highest
tper share
3,400
3%
STOCKS
* per share
7%
3%
Cable
Mar 11
Range Since Jan.
IV*
Chemical-No par
Shoe
Riuige for Previous
Year 1948
7%
common
American
17% Mar 21
87
7%
3%
50
preferred
American
106'% May 17
36% Mar 31
11
23%
101
5ft non-cum preferred
American Chicle Co
,
43% May 19
15% Feb
7%
"
15
81
7%
2%
com
& Radio Corp
Can Co common
American
4
15% Feb
7%
48%
No par
Co
American Car & Fdry com
11
15
7ft
;
7
22% Mar 30
1
7%
*46
2%
*27%
preferred
Broadcasting
American
177% May 20
May 18
20% Feb
16,300
48%
Amer Cable
May
19%
2%
par
preferred—.:
American
7
100%
49% May
Brake
3
Nov
Jun
jan 10
33% Jan
1S%
48%
_50
Bosch
3% Jan
74
Jan
;35
May 20
19%
2%
*16%
Bank Note common
10% Jan
172% Mar 17
18%
48%
1
preferred
American
3
25
104%
6%
14
10% Mar 29
2
Jun
19%
2%
—No par
,
conv
cum
Jan
49%
27
3%ft
American
Jan
Oct
19%
48%
No par
Corp common—No
Airlines
3
Nov
18% Mar
21
600
19%
2%
gtd_~100
Petroleum Corp
6% May
28%
Jun
Apr
29%
48%
5
Agricultural
81
./
*
163%
177
66% Feb
7% May 12
—
29%
3%
20%
300
29%
2%
20%
5,600
*29%
48%
Co__
convertible
Amer
24% Mar 31
.
18%
40
2%
;
Dye
Alpha Portland Cement
Amalgamated Leather
29
Jan
18%
39%
48%
*97
21%
18%
28%
68%
*74
1,700
40%
18%
2%
par
43%
•
30% May 12
2% May 19
Apr
Jan
Kid
&
*21%
10
2,300
*40
48%
No par
Industries Inc
Chemical
21%
19
4,000
2%
40%
*40
,.1
preferred
38%
28%
15
*67
—
19
J
40%/
Shares
29%
20%
7%
23%
19
*40
47
*100
3%
18%
.
43%
for
the Week
90
2%
43%
100
Allegheny & West Ry 6ft
Allen
31% May 10
3% Jan
6
26% Jan
100
__
4ft preferred
100
Allis-Chalmers Mfg common_No par
3% ft
conv
preferred
100
3
37
_
23%
14%
%
*46
105
*3%
preferred_No par
conv
conv
23%
*100
5
ww
7
7%
47
10
90
8
25
Oct
100
common.
preferred
7%
*46
No par
Mills Inc_
77% Jan
Jan
Inc
Vicksburg Ry
Gold Mining.l
Stores
83% Jan
6% May
Js
50
w
Allied
25 % Feb
31%
w
Allied
Jun
50
19%
28% May 19
30% May 16
25
Jun
Nov
19%
Allied
98
Nov
191
1
42% May
Nov
29%
18% Feb
Dec
3%
29 % •
Allied
Dec
44
29 %
Equipment com—1
Inc
% ft
$4.50
17
73
x25
29%
19%
24
26%
91
*28%
Juneau
$2.50 prior
8% Jan"10
3
25% Feb
Corp__lo
188% Jan
29
25% Jan
<
40%
Allegheny Ludlum Steel Corp.No
Mar 12
93% Feb
19
40%;
Allegheny Corp common
5%ft. preferred A
May 19
104
4
Mar 28
4
75
May 13
27% Jan
7
.
May 13
6% May
t
May
Dec
Mar
90
Apr
11% Jun
198
Aldens
4
May
3
49
20% May 10
109
Mar
3
70
Gas
Reduction
Alabama
Mar
15
14
2% Feb
'
Air
18%
40%
1
preferred
2
Apr
40% Feb
58%
$3
18%
*40
38%
*80
2%
*2i %
—
*18%
No par
__
Corp
Affiliated
19
Alaska
13% Feb
3
1
__
Corp
Addressograph-Multigraph
Admiral
100% May 18
64
21% May
80% Jun
Jan
Dec
Mar
90
X171
8% Apr
26
3% Apr
15% Mar
3
Dec
23%
100
Jan
Express Co
39%
90
x43%
44
Bale*
$ v"r share
2%
'
_
—
14%
35
Friday
May 29
share
*80
2%
44
r>"r
38%
90
2%
44%
S
40
39%
90
2%
Thursday
May 10
May 18
$ per share
40 3 V
80
80
JO
common
40%
40%
*2%
Co
Additional
40%
*76
2.50
PRICES
Wednesday
May 17
'
May
6%
Dec
LOW
STOCK
share
38
Dec
YORK
EXCHANGE
Highest
Sper share
Sper share
1
76
NEW
Range Since Jan. 1
Lowest
Highest
9%
2%
19%
*9
2%
19%
9%
2%
19%
9
*2%
*50%
Va
52%
19
14,000.
510
1,200
10
100
2,300
14
COMMERCIAL
THE
(2218)
Range Since .Tan. 1
Year 1948
Lowest
Highest
f per share
$ per
263/4 May
Nov
32 y2
Oct
22% May 20
27%
Jan
Archer-Daniels-Midland
26
Dec
101 y2
Jun
86
95
Feb
3
7% Jan
773/4 Jan
10
49% Jan
21
6%
Dec
Dec
413/4
15y8 May
106
13 3/4
liy4
Jun
18%
$3.75
$4
Arnold
1
15% Jan
5
13% Jan
11
115/8 Feb
May
19
12 y2 Mar
4
3
9% May 12
98
Dec
111
May
95
87%
Dec
106
July
87
26
Jan
35
Jun
Apr 27
12
103
105% Jan
7
26
103 % Jan
24
15
Jan
7
A
July
36
Feb
25
47
Jan
7
Atlantic
Dec
53
Feb
7
44V2
Dec
62
25%
Jan
64 Va
66
Sep
81
30
Feb
50 Va
102
Feb
91
Feb
94% Jan
6
NOV
25y8 May
64% Apr
20
4
Jan
' 100
x193/4
Feb
14
94
33% Feb
Sep
20
24
39
114
May
106% Feb
14
99
Jun
114
Oct
24%
77
Jan
Feb
7
12 3/4
Nov
16'A May
13% Feb
63%
Dec
19
Jan
19%
Jan
Nov
7%
4%
Feb
353A
Jan
46
133/a
Feb
Dec
1134 Jan>
6
Oct
58
Jan
Atlas
Jan
Preferred
10
6% May
15
Austin
Mar 24
8
5
Jan
Conv'prior
.
Autocar
24
May 10
133/4 Jan
3
14% Jan
15
Babbitt
10
May 20
12% Jan
7
Baldwin
8% Feb 24
113/a Jan
7
Baltimore
29y2 July
16 % Feb
7
4c/o
Feb
3iy2
18% May 20
25
Jan
7
65
70
Feb
3
39% Apr 22
47% Jan
3
21 % Jan
7
Barker
'
59
Dec
28%
Jun
16
Apr 22
Jan
45
Jun
37
31
Feb
45'A
Dec
39% Mar
9
Nov
16% Mar
15%
Dec
23 y2
Dec
Sep
90
Dec
41
Mar
4
49
15
12% May 20
32
Jan
4
87% Feb
Jan
223/4 May
163/8 Mar
69'
Jan
22% Jan
11
9% Feb
43 % May
80 y2
25
10
Barnsdall
12
Bath
17% Jan
20
42% May 11
96
Jan
17
xl23% Apr 28
10% Feb 14
193/4 Mar
4
32% Feb
37
Mar 30
16
Feb
1
13% Jan
12
14%
Dec
24%
Jan
13% May
6
17
Feb
18
Dec
103%
Jun
92% Jan
8
93
Mar 21
26
Feb
38%
Jun
30
9
34% Mar 30
Dec
213/4
Nov
263/a July'
87 % Mar
68
Dec
86%
Dec
23%
25
May
6% Apr 13
Jan
11
Jan
21% Feb
24
24
Feb
Beech
Creek
Bell
98% Apr
26
23% Feb
11
37% May
25
May 10
27% May 20
33% Jan
7
130% May 12
136% Feb
2
24% May 13
25
31% Mar 21
11% Mar 11
36% July
143/4
Bethlehem
25% May 13
12 % Feb 24
30% Jan
12
18% Mar 30
38% Mar
7
42% May
July
May
10% May
16
42% Apr 21
91% May 11
5% May
1
% Mar
31
Jun
3
9% Apr
16
1013/a
23%
Apr
98
Sep
18% Jan
14
8% Mar 30
3?
Jan
7
29
Jan
10
33
Jan
6
103
Feb
x29% May
10% Jan
29% Mar 14
Feb
99
Aug
95
Jan
173/4
Feb
23%
Nov
18 %
May 18
6
8
Sep
1243/4 July
Feb
16
Dec
11% May
x8 % Feb
75
July
65
Feb
17
25
30%
Dec
40
Jun
27
Feb
78 y4
Aug
90%
Jun
86
Apr 26
12%
Dec
21% May
12 % Feb
15
99 % Apr
Mar 19
9% Mar 30
69% Jan
31
34
Jan
13
91
Feb
17
VV15 H Mar 29
31% Feb
23
36
243/4
jun
13 3/4 Apr
19
18% Jan
Jun
77
72%
Dec
100
Jun
71% Apr
77
Apr
88
Jan
73
173/4
jun
8%
15%
89
Jan
2% Mar
16
Mar
98 y2
23%
Jan
8
7% Feb
Jun
Dec
4 %
26
9
121
60% May 17
May
27% July
105
July
3
,
'
Feb
7
19% Feb 26
100
May
6
Jan
Feb
11
7
10
77% Jan 25
•77
13% Feb
Dec
Dec
73
92
105% May 11
6% May 5
10% July
114
6
4
17% Mar 14
124
97
21
8
Apr
Mar
7
5
21
31% May 16
\22
11
Feb
16
3
3
90%
Apr
*10834
300
35
5,700
150
109%
104 %
*18%
*
Feb
16% Jan
10
7 '
20
Steel
5%
14%'
6%
6
*14
14%
5%
5%
14%
14%
6 7a
Va
6%
*37%
38%
25
Feb
35 %
Jun
21% Feb 25
26% Jan
27% Mar
40%
Jun
30
36% Jan 2S
52
54%*
Sep
52
24
534;
5%
*5%
57%
1474
14%
13%
*147%
14 74
5%
5%
13%
137%
133/4
6%
6
*37%
377%
67b
o
/.
900
500
5%.
2,400
6
13%
1,100
6'/a
13%
6 7%
.r
377%
57%
23,200
37%
700
37%
*37%
*14
14 VB
10
1074
7,300
9%
8,600
14
14
14
147 a
14Va
14 7%
14 V»
14
14
10%
10%
10%
10%
10%
103a
10%
107%
10%
9%
9%
97 a
9%
93/4
9%
9%
934
974
19%
19 Va
18%
193%
183t
19%
; 197%
197%
18 7%
133/4
66
*64
66
66
66
...
9'%!
•19%
19%
19 Va
I934
19
*19%
20
19%
19.%
*19%
19%
19
*65
,
67
65
65
*64
6fi
'41%
41%
42
42 Va
43%
43%
433/4
42%
421%
427%
42%
1,700
17
17,.
1774
17%
*16%.
17%
; 17%,
17%
*1634
171/4
500
39
39
*37 7%
19%
%
*64
39
39
?9
43%
*43%
43%
43%
43%
12 %
43%
*12
12%
12%
12 Va
12V4
14%
39
*37'%
'
43%
12%
.
*12
13%
*13 7%
13%
1234
13%
42%
42%
42%
42 %
42 74
42
42
96
941%
94%
94
94 Va
94
94
900
*13
13%
12%
13
400
73'%
*737%
*77%
8
1,700
29 74
343a
35
/;
-
*73 72
75%
*737%
75 V2
73 %
1
.8%
8%
77b
87%
73%
734
77b
*73%
50
*29%
30%
*297%
307%
*29%
307%
10
*34%
35%
3574
3574
*343%
35
1
*12%
13
127 a
127%
127%
13
13
—10
*12%
*14%
13%
common
1-100
*93%
5
31%
.-33%c
(Del)
8
2974
297%
*29
30
343%
35
35
35
*127%
13
127%
127%
1
13 Va
*1234
13 7%
1234
15
*14 7%
14 7%
*14'%
147%
*93%
95
*93'%
95
100
313%
32
31 Va
313%
30%
31
6,900
8 Vs
8%
317%
317%
317%
32
77b
8 v
77a
8
74
v
8
8 74
*237%
237%
23 7%
237%
237%
23%
76%
*7574
76%
*757%
767%
*757%-
76V2
98
*967%
987%
*98
9834
*98
98 3/4
*98
9834
24%
2474
,2434
*247%
25
24 7%
24%
*24 Va
25
26%
267%
26%
267%
2634
263a
263%
263%
i.
500
95
*1234
24
26%
1,400
>
*937%
31%
1474
*94
*75%
*24
.?
127%
*147%
957%
7%
98
200
29'A
14'A
14'A
95 %
*23%
-
•*1234
110
95%
13
1474
95%
'
734,
900
127%
13
Hi/4
,7%
10
par
2,400
13%
42%
73%
i948_No
1,100
95
73%
com.
5,400
12
96
75%
ser of
443/4
43
14
*42 %
8
13%
:
60
40
96
14
*13
1
Va
12
30
42
13%
Co——;
43
12%
1,300
96 %
14
*13
I
437%
;
•
5,200
42%
25
13%
%37 >/2
43%
43 %'
*12
19
95
par-
13%
'
13%
J
700
23
7%>
75 7%
8V4
V
13
1,200
400
:/
23%
1,100
753 a
757%
19,200
23%
233a
9 V8
753%
237%
26%
;
267%
200
987%
*93
100
2474
1,300
27
%
4,200
2734>
24,000
243%
1,500
*10%
10 3/4
*107-2
107 a
107%
10%
107a
103%
*10 %
103%
107a
107%
600
YORK
(E W)
'
Ami
Class
Bond
$ per share
&
class
13%
26
13%/
10
10
26
26 f /
26 ■>:.
257%
257%
*2534
137%
13%
137%
13%
13%
133%
13%
1374
1,200
*97%
10
9%
97%
'■..97%
97%
9%
9%
9'/a
2,900
11%
974
*10%
113/4
417%.
*387%
417%
*25%
11%
11%
*10%
11%
*10%
11%
*
40
40
*387%
41%
*38%
41%
*38%
22
2174
21%
217%
21%
21
2174
21
217%
2,700
3,800
*10 34
26%
27 /
2674
263/%
24%
267%
24%
2434
*57
57%
57
57
57
57 V4
573%
58%
57%
57%
573%
58 74
24%
24 Va
24 7%
25
24
*24%
25%
*24'%
257%
241/4
247%"
17%
17%
177%
18
18
18 7%
18 7%
18'/a
18
187%
417%
41%
45
45%
*91
93%
1
41%
41%.
5
44 %
44%
44%
100
(assented)_100
*90%
*1%
933/4
*907%
31%
*7%
31%
5
2.50
15
4174
2
*1%
*31
37
*34
"
77%
7%
*34%
2
25 %
25%
24 %
24
28%
preferred
100
Union Gas
& Bigelow
No par
_1
15
common
34i%
*101
500
317%
7%
700
36 3%
100
77%
2,000
*35
7%
73%
25%
25%
26 V4
257a
257%
25
25%
24'%
24%
2,000
24
24
23%
23%
23%
23%
*237%
24 74
29%
29%
30
30
29%
297a
102
29%
297%
1,300
2,400
*100
102
30
28%
297%
28
29
5,100
10
10%
*97%
10
3,900
30 3 8
30%
102
7 3/%
73a
7%
*7%
*100
77%
774
101
101
29
•29
10%
107%
IOV4
xlO
10 Va
313%
313/a
31
31V4
*307%
303/4
*30%
30%
98
*95
98
*95
97 '
*95
97
187%
*18 74
187%
71,100
5,100
31%
*101
31%
*95
98
19
19
102
*95
183%
18%
18%
18%
18%
1,300
5
15%
15%
1534
157%
15%
157%
15%
15%
15%
15%
1574
15%
*121%
122%
*1217%
122'%
121',%
121%
121%
121%
*121%
122%
*121%
1227%
30
9
9
8%
9
8%
8%
8,000
66
65 Va
65
65%
170
30
30
*87
89
common
No par
preferred
Buffalo Forge Co
66
1
Buff Nieg El Corp 3.60%
Bullard Co
Co
Mills
9
No par
common
$5
preferred
3%% conv 2nd
66 '
*86
9
9
91/4
66
<
9 Va
66%
66
667%
*6574
*297%
30%
*29%
30%
*877%
89
*87.7%
14 Va
89
30
*29%
30%
89
88%
883A
141/4
14 3/a
*14%
5
33 Vz
31%
1
14%
15
147%
15
147%
15
143%
147%
14%
*78%
80
79
79
*7974
8034
*79i/4
common
:
14%
:./
*31%
1474
,
*3174
32
—100
*77
79
preferred./.—100
*72
74%
*72
747%
100
73
73
*73
76
:
Burroughs Adding Machine—No
par
1
Bldg 7%
14%
14%
8%
preferred—100
15
7
.100
9
106%
*105
*62
common
,f4%% preferred
Copper & Zinc
Butte
7
63%
14
7%
8%
*105
77%
61
334
33/i
*3%
23%
23%
23%
*99% 100
22%
23%
*99%
preferred
Co
100
No par
'
*22%
32
31%
*14
31%
*3174
15
8074
72
*71%
72 Va
*71%
72
*73
76
*73
76
8%
774.
60'%
*3%
4
-
2?
V
.
7
14'A
143/a
*87%
8%
83/4
107
*105
3/a
7%
60%
3%
3.7%
*8'A
73/a
7,3/%:
60%
61
14 74
*105
*613/8
33/4
62
374
22%
23
100
*99 7%
993/4
100
*23
233/4
*23
23
77a
3%
*22V4
23
1474
87 a
107
22%
23
*997%
101
141/4
107
*105
7%
23%
*31%
32
147%
76
147%
9
23%
14Va
65
72
62
5
1474
Va
*73
147%
106%
common—_No par
participating
14%
-No par
preferred
M)
9%
30
100
pfd
Inc..
Corp
4%
Byron Jackson
37%
17%
a
774
———100
preferred
(The) Co
-7%
*l34
317
7%
29 "A
98
(A
*35
17a
31
10 7%
19%
Co
*7%
2914
*95
Byers
36
35
35
*1%
31
29%
*19
Bros
7%
2,400
7,100
10 Va
No par
Term
17%
31%
77%
417%
45'A
9374
2974
No par
3%%
*1%
*30%
4474
10%
preferred
Watch
17%
7%
41%
*91
260
310
4,500
29%
*29
Brunswick-Balke-Collender
Burlington
93%
•V- ~io
247%
7%
102
*101
,
41%
44%
44
*907%
31%
*13*4
29
Brooklyn
93%
*7%
37
41%'
41%
447%
*31
7%
18
18 Va
44%
32
29
25
25
41 %
45
28%
2.50
common
7%
7%
*907%
41%
93%
24%
Bulova
10 %
267%
Bristol-Myers
7%
200
26
39
Briggs Manufacturing Corp__No par
Briggs & Stratton
No par
Budd
*253%
No par
RR
Bucyrus-Erle Co
26
267%
15
Inc
■
26
common.
Shares
14
7%
Co
share
Bales
the Week
S per share
26
(The)
Shoe
$ per
for
Friday
May 20
May 19
$ per share
$ per share
share
Thursday
May J 8
*137%
No par
$3.60
PRICES
Wednesday
5
;
Brown
2,500
21%
Braniff
3 3/4%
134
21%
Brass
Brown
277%
V *1327%
5
—
A
Co
"V
21 %
Inc
Maine
283a
133
*37
No par
Co
27 %;
133
*10%
2.50
No par
B
Stores
S per
*25%
1
Tuesday
May 17
May 16
No par
Co
Co
Monday
May 14
__a.No par
,
Aluminum
283%
133
133
1
Saturday
r
Black & Decker Mfg Co
Co
283s
%
LOW AND HIGH SALE
STOCK
Par
Butler
Jan
6
24-%
7
104
197%
2434
9% Jan
2
100
*18%
243%
Bush
27
720
19 %
13%
Bush Terminal
Feb
451%
103%
*13%,:
283%
4
4% Mar 30
45.74
*102%
20
5%
5%
14 Va
45%
103%
38';
38
6
45%
*102%
14%
14i%:
5%
21%
2,600
46'/a
*18%.:
5%
6%
14%
♦
290
21%
103%
103 %
20
97%
2174
2434
Feb
82
101%
*183/4
977%
21%
.9%
1
May 14
24% Jan
463/4
%
103
98
97%
13%
Bearing Co
Airways Inc
Brewing Corp of America
Bridgeport Brass Co
May
109 %
213/4
21%
*45%
*13
*73%
Loan
div
Borden
7% Jan
jun
*108%
98
97
46%
47 Va
%
*103
20
*37%
_2.5o
pfd—«=._100
&
Oct
Nov
46%
48
104%
*18%
,
,-100
..
Roller
24% May 13
23% May 18
28% May 13
Mar
217a
*47
5-
.—'—No
Bower
14% Feb
34%
10%
common-—
Boston
Jun
7%
98
21%
39
17
343/4 May
12%
97%
21%
*39
Borg-Warner Corp
3%%' preferred
11% May
36% Jun
120
35 %
14
_
13
373/4
79
973/4
21%
*103%
1
—
7
10
24 3/a May
109
*108%
900
88
*86
38
35
1—
5
47% Jan
433/4
97%
21%
50
Co
7
5
33% Aug
109%
*85
13
___•
2% Jan
Jan
35%
98 %
17
35% Feb
Jan
88
X35%
400
100
_■
Mar
25% Jan
9
*85V2
36
21%
—!
Jan
Feb
12% July
88
*97%
6
*16%
9
Nov
Dec
108%
10
«
96
3
Nov
Feb
109 %
No par
May 19
25
16%
109 %
Cotp————„ 1
54
6% Jan
25%
29%
108%
*108%
*85
67%
132%
5
32% Jan
81
3574
Amer
Bliss & Laughlin Inc
Bloomingdale Brothers
Boeing Airplane Co—-
4
Mar
3574
4l%
7
2
65
88
35%
10
8
23% Feb
16% May
No<-
87%
36
100
13% Jan
27% May
44% Jun
7%
87
36
—
25% Mar 30
Dec
15
87
Works__„
40 3,a Jan
7
16%
120
68
.,
28'A
Bon
Feb
68.
68%
1323b
12
27
67 7%
66%
*24 3 a
Jan
Dec
67%
%
2434
64
8%
*65%
66
1,400
1,200
247%
Feb
153/4 Mar
68
common—
5
Feb
56
92%
67'%
*65%
14%
26
10% May
Jan
x2734 Mar
36%
6%
38%
Bliss
Jan
Dec
36%
6%
12% Mar 18
25
96
7y4
37%
*14%
Biaw-Knox
51
71
*37
common—3
14% Mar 30
Dec
Dec
377a
$ per share
Dec
26
37%
EXCHANGE
5734
42
38
,
NEW
30%
Nov
*37%
5
of
Co
preferred
Bohn
13/4 Aug
Dec
38
29
18
6'A
*37%
38
24 3/4
Jan
32%
38 3/4
'
132
27
66 %
12
Va
2474
Apr 22
06
12
86
%
287%
23
Feb
99
12 %
131%
373/4 May
Nov
9374
*12
.
29
20
Nov
99
12
24%
33% Apr
42%
5,500
99
12
132
Apr
87%
8774
89%
99
28%
17% May
44% July
373A
89
987a
89%
12%
*24%
29%
Dec
87%
180
*130%
193/4
2 2 3/4
3,400
.
—100
7%
323/4 Mav
Dec
36'/a
com__No par
,
8% Feb
Nov
89
36 74
96 %
Bigelow-Sanford Carpet——No par
Birmingham Electric Co
No par
Sep
13
96
83 7%
36
987a
$3.25 ser of 1946_No par
Highest
$ per share
19% May
Dec
93/4
Dec
460
96
90
36
*88%
*12
STOCKS
$ per share
96
6,500
,
12%
—^_:100
Foods
Range Since Jan. 1
Lowest
Highest
96%
1474
14
9 8 7/8
common
Indus
•Cum pfd
Best
Oct
Feb
89-%
987a
96%
1,200
90
A—100
Appliances
7
July
9% Feb
Home
30% Jan
39 3/4
Year 1948
26 y4
89%
96%
100
10
12%
..No par
Bendix Aviation
Range for Previous
xl3
89%
36%
*14
preferred
7
37% May
$ per share
89%
36%
53/4
Corp
Howell
26 34 Jan '
139 y4
Lowest
89
373/8
14%
RR
Cum pfd $4
Best & Co
Feb
Jan
&
4%%
.
15
5
143/4
147%
36%
*5%
(A S) .43/4%
Beneficial
78
Jan
Nov
9
14'/a
37%
*13%
Beech-Nut Packing
Belding-HeminwayBell Aircraft Corp"
5
4
93
Dec
14%
37%
5c
Co
Aircraft
Jan
73% Jan
102% July
30% May
Mar
303%
14%
25
pfd—_—
Beech
Bendix
Feb
263/4
14%
143/4
96
130
15
97%
93/3
89
*6
Mills, Inc
7
Feb
125
x9%
89
6%
Inc
Foods
Apr
Nov
9%
96%
6%
Co.j
conv
21
10%
97a
88
(Delaware)
Works
Cigars
3%%'
10% Jan
5
90%
9%
Bayuk
Beatrice
May 14
73,4 May 17
28% Mar 25
Mar
34
9%
96
290
*143:!
89%
preferred
Oil
Beck Shoe
20% May
15
9%
100
Inc
Corp
iron
3
373/4 July
*14%
2,700
9574
108
103
98%
No par
preferred'
Jan
13% Apr
Feb
34%
15 Va
1,600
12%
.100
(The)
Brothers
'
,75
Feb
108
4,600
41%
95 74
95V4
*lC73/4
5%
52%
%
417%
4274
*95
107%
*14%
15
52
90 3/a
preferred
——100
Aroostook common-—50
Oil
69
Feb
42
95
1073/4
37
No par
Ohio
5%
4% %
3
&
&
Beaunit
Feb
43
95
5%
5%
53 %
99%
ilon-cum
Conv
8
14%
21
,
20% Jan
32 y4
5%
53
Bfyp
12% Apr- 27
30
53/4
53%
42%
43
107%
230
'
5%
8934
:
series
Locomotive
Jan
100
9,800
86%
*98%
No par
preferred—
T)
(B
Barber
24
Mar 18
Nov
303/4
3,500
23%
86
*12%
_
conv
Bangor
80 y2 May
36% Nov
30%
22%
87
—100
RR
Canteen
Mfg
Feb
x20
29%
23%
86
96%
%
($1.'20)—No par,
Corp
$2.25
! May
30%
23
90
36 %
com__100
30%
23%
87%
53
95
15
Shares
30%
10
pref
Avco
7
10
13%
40 y2
*95%
*88
10
common-
Automatic
17% Mar 10
7% Jan
Jun
95
107%
,
100
Co
17%
Feb
14%
-preferred
Nichols
60
15%
14%
preferred
Corp..
conv
44% Jan
16% July
143/B
Powder 'common.—.
4%
16% Jun
Mar
14 %
i
/
liy8
common___l
$3.75 series B
Atlas Tack
29
Jun
10
Co„;
preferred
conv
37% Apr
.
9%
100
Line
non-cum
4%
-
.
20% Jan
5% May 10
Jun
9%
Atlantic Refining pommon
'
xll
9%
preferred
Coast
106
11
9 Va May
No pal'
Inc
Atlas Corp
25
Dec
15
1
98% May
233/4 Apr
23
43/4
*14%
15
95%
:
'
183/4 Apr
4% Feb
*
*14%
& Santa Fe
Inc
5%
7
109 % Feb
45 % May 20
Jan
Jan
5
Atl G & W I SS Lines common___l
Mar 18
-
108
Corp—
Investment
non-cum
T F
107%
preferred
Topeka
5%
68 % May 16
July
48% Aug
99
'
Dec
Atch
94%
107%
for
the Week
$ per share
23%
53%
42 %
95%
107%
Sales
May 20
$ per share
87%
24
5%
42
41%-
*95%
X29%
30%
Friday
May 1!)
$ per share
.88
5%
53%
53/4
54
53%
42
23%
*87%
No par
2nd
24
'
*41%
5%
53i
54
30 Va
24'/a
88
Thursday
May J8
'
1949
PRICES
Wednesday
$ per share
30 Vs
88
No pav
7%
Associates
Feb
Jun
5%
■''533/4
No par
com
Dry Goods
1st preferred
12
Sep
Jun
19%
Co
Carpet Co
98% Feb
120%
107%
Dec
Cork
5
No par
com
preferred
Constable
86% May 20
Feb
Mar
96
Illinois
of
6%
21
98% Jan 27
1/4
X2334
88%
Associated
37%. May 16
13 'A
84
Jan
Apr
30 3/4 Feb
*30
24%
preferred
conv
Artloom
14 7/» May 16
28
30
24%
*87%
Co
Armstrong
99% Feb
110% Jan
13% Mar
Jun
173/4 Aug
Dec
4
30
_10
100
$6 conv prior preferred
28
Apr
&
No par
HIGH SALE
May 17
$ per share
com
Corp
conv
Armour
8
$ per share
Monday, May 23,
Tuesday
May 16
preferred
Steel
4% %
18
94% Apr
106
115% July
Dec
7
May 10
393/a May
Jun
99'A
Jan
Nov
5% May
51
Jan
563/4
Feb
88
103
May 19
Armco
Monday
May 14
Par
303/4 May 19
Nov
89
2
Saturday
share
23%
68 %
CHRONICLE
LOW AND
STOCK
EXCHANGE
24
Jun
YORK
NEW
Highest
$ per chare
$ per share
343/4
FINANCIAL
STOCKS
Banff* for Prerloua
Lowest
&
100
2374
*29 7a
30%
200
89
200
14%
89
800
31%
400
7%
147%
8,500
*79 74
8074
10
727%
200
14
72%
*73
1474
8%
*1057%
10
76
143%
87%
7%
77%
61%
6174
374
22
100
*23
4,800
3,300
107
2,900
480
374
800
22%
1,600
80
101
300
23%
c
Jun
1%
Dec
5
Dec
21%
Dec
3
26
May 2
1% Apr 26
May
8% May
21% May
Feb
3% May
18
Feb
3
58
Apr
1% Jan
18
7
Callahan
53/3 Jan
6
Calumet
223/4 Jan
10
12% Feb
4
9
NOV
101%
Nov
119
Jnn
104% Jan
37%
Dec
44
May
37% Jan
41
xl9% May
16% Jan
11
24
14 % Mar
15% May
9% Jap
109% Mar 21
May
10
Mar
19% May
11% Mar
18% Apr
14% Jan
38
Mar
4 7 3/4
40% Jan
45
For
footnotes
see
Dec
page
24.
California Packing common—No par
5%
preferred
50
Jan
6
7
Zinc-Lead
&
Hecla
Cons
Copper
Campbell W & C Fdy
Dry Ginger Ale com
$4.25
conv
preferred
Can
Canada
Southern
Ry
Canadian
Breweries
Canadian
Pacific
Cannon
Mills
33
*53%
1
Co
Ltd
Ry
1%
5
3%
19%
No par
1.66%
No par
100
No par
327%
3374
3374
327%
327%
3234
327%
5374
5474
547%
54V4
54 'A
54
54
174
1%
174
1%
174
174
1V4
13%
174
13%
3,400
4
37%
4
4
4
4
4
4
4
4
4,400
33
55
53
19%
*197%
11%
11%
*106% 107
*10674
40%
407%
407%
*18%
187%
*40
*18%
3IV2
33
74
1%
33%
19
11%
2074'
11%
107
25
12%
12%
12 74
127%
No par
*42%
43%
43
43
19%
1174
*10674
1174
V
19%
20
203%
*53 %
1934
11 Va
11 Va
117%
11'%
107%
*106%
106%
106'A
10674
*1057%
1,300
70
54
.
v
197%
1,400
11
2,500
10674
407%
40
*18%
12%
*42 3
19%
20 V4
107
.
4
*39
40
*39
40
*39
40
19
*18 3/a
19
*18%
1834
*18 74
20
180
187%
12%
127%
123%
12
123%
43 Va
*42%
43%
*43
43 %
127%
*43
1274
24,300
433%
100
169
Volume
THE" COMMERCIAL
Number 4805
YORK
NEW
Range Since Jan. 1
Year 1948
Lowest
Highest
$■ per share
11
Feb
18
'May
48 %
Apr
56
Aug
:37/8
Sep
100 %
Feb
.'•/
$ p6r share
!
201/4
Dec
Dec
41%
12'/a
Dec
Nov
43%
0
'A Mar
26% Jan
35 »/a
May
52 %
Dec
Jun
Feb
x50
Nov
Feb
39%
97
131
Feb
105
Feb
140
11
6
Power &
16% May
37
«
May
5
7% Jan
17
.37% Jan
7
140
Mar 12
60
7
Apr
13
.32% Jan
7
Apr
22
23
105
Case
Mar
97
May
120
22
131-% Jan
18% Mar
5
26% Jan
7
17%
Dec
20%
Jan
1.6% May
5
18% Jan
11
16
Dec
1.8 %
17
21
Feb
15% May .18
6%
Feb
11%
Sep
8% May 20
5%
Dec
12%
Jun
3% May 11
22 Va
Dec
38% July
6%
Dec
8% Mar
100 %
Nov
Jan
1
series-
Co common
(J I)
$4.75
Corp
33%
83
Jan
39%
10%
Dec
15
7%
Dec
18%
Dec
12%
Nov
20
21
Central
28%
.20
Apr
.17% May 20
10% Feb
May
8% Mar 29
21 % Jan
11
13'/a. Jan
11
6
Cerro
t-.
*
24 %
Feb
33
17%
Feb
26%
Feb
100%
23% May l'J
Jun
90
V
27a-
20% Feb
24% Jan
7
97% Mar
4
8% Jan
7
Jan
.7%
Jan
.;
Dec
'
,
,,;30 :t May
45 % Jan
31%
Dec
Dec
.4
7%
90
Feb
70%
9
Feb
6
Jan
26
31 Va Jan
7
9
;
7% Feb
.
24
13% Feb
3
21
11% Apr
8
.12
May 16
10% Apr
9
Feb .11
.
12% July
22% July
7
Feb
5%. Jan
14
8% FCb
7-
34% Jan
.85
7
Feb
Jan .18
28'A Jan
3
Jab
4 *
«
.
• May 19
79
July
17% July
14% May
Nov
9
6% Apr
;19
Jan
...
10
Mar 17
92
18% Jun
25% Mar
Pasco
de
25
'
,
Chain
58 %
57%
58
57%
57%
4,400
25 %
25%
25%
25 Va
24%
25%
15,900
101
*100%
L
101
99%
100%
100
*99%
120
121
:
&£>%
.121 'A
19%
*17%
15%
*99%
500
100
121%
*170
19%
18%
17 Va
17%
17%
15%
15%
3,500
17 Vb
100
*16%
15 V2
310
18%
.
v
16VB
16
16%
16
16
*15%
16
1,000
9 V4
9'A
9%
9'A
9%
9 Va
9 %
9 Vb
8%
9
3,400
4V4
*3%
4 %
*3%
4%
3%
4%
*3%
3%
3%
3%
15%
*15'/h
15%
*15%
15%
.15%
7%
7'A
7'A
7%
7%
*14%
9
15 Va
15%
15%
15 '/a
-7%
7%
7%
7%
*7%
107 Va
107%
'
*7%
108
*107
107'A
*78 VB
80%
*79
24%
25 Va
25
*107
108
:
108
80%
12 VB
12 Vb
12%
107/b
*10%
*7%
7%
7%
*79
80%
*79%
*24'A
25
*24
107
80%
25
10%
v
25
*79%
7%
60
80%
22;!..
23
2,500
12
12% "
10%
12%
12
12'%
12
12 %
11
11%
10%
*.
*79'A
24
400
1,000
108
*107
80 Vb
200
Va
7%
15
4
•
12'A
11
107
23%
11%
11%
ll'A
11%
11%
7%
7.%
*7%
7%
200
20,700
1,800
-
*7 Va
7%
*7%
7%
18%
19 %
18'A
18%
18
18%
18%
18%
11%
11%
11%
11%
11%
11 VB
11%
24 Vb
24 Va
17%
17%
17%
•17%
3,600
10%
;
11 Va
10%
11
7,600
•
24%
'21
96
Checker Oaib Mfgf
24%
:
23%
23%
21%'
21
*94 Vb
21
21
96
94%
95
24 %
*23%
...
V
.*20%
*6%
6%
6%
6 Va
6%
6%
19%
19'/4
19%
*19%
19%
33%
33%
33%
33 3 i
81
81
81
6 %
19
33
33%
8i
20%
94%
*6%
Va
19%
23%
93
94 "a
,6%
.
233'b
20;Vi
V
21
94 %
*19%
!—
1.25 :■
Chesapeake COrp of Virginia—J
5
Chesapeake & Ohio- Ry < common
25
3 % %
convertible preferfed-L-100.
81
19
*23
24
20%
6%
900
1,100
94
100
.6%
6%
19
;
20%
*93
1,000
19
19
500
'
•
•
*80%
4V'i 1
Chic & East 111 RR CO'com—No par
5%
5'A
11%
11%
40
Chicago Corp (The)
99%
121
18%
9%
*94%
_i'
121
19 %
*3%
*20%
:
160
57%
17%
...
A—J
4,200
138
138
26
—No par
Class
400
32%
32 %
33 Va
140
57%
11%
'
7
25%
5 i
v--•'••'
•; ■■
;
*6%
56 34
1
Co
5,200
35%
*34
26%
Champion Paper & Fib Com—No par
'•'•■ $4:50 preferred
—No par
Belt
14%
14%
200
57
"17
No par
Copper Corp_
33
*138
3.000
29 %
25%
17 %
•
.
9.50
Products—
Certain-teed
33%
90
29
*28%
56%
*16
Co vtc„
Century Ribbon Mills—
29
29%
1,300
26
17%
11% Jan
..
29
*28%
140
*138
140
*17%
Sugar Co...
6%
33%
34%
33%
*138
*17
20'
12% Apr
6
*
19%
19
7% May
6%
19%
20
Jun
11
15%
36 %
6%
120%
Jan
Violeta
15%
*34%
618
19%
35% Jan
28
157«
36 "4
120 Va
84
9% Feb
29
151a
19%
12
.'
105 %
*34 %
6%
120%
24
May
*104%
2.1%
19%
Apr
80
Nov
105%
29%
120%
21% Feb
May
Oct
7%
7
7%
104 Vb
*
105"
400
50
7%
29%
19%
111% Jan .26
74
.
5
56
7%
57
26
Mar
8
7% Apr
;
34%
138
13%
*55
Shares
'
*56%
Foundry Co
Ry
34%
138
*12%
56
7%
29%
"6%
33%
138
13%
*55
i6%.,:
36%
15%
*34%
6%
*13
7%
?
120%
prefefred
COntral Aguirre Sugar Co.—
of Ga
16%
36%
6%
13%
55
7%
'104%
;
30
*100%
5%
Central
16
*34%
7
the Week
13%
;
29%
*29%
par
...No
common
Central
'16
138
110
104% Jan
Jun
7
24'A Jan
May.11
6% Mar. 4
Jan
15%
29
'
105%
29%
36%
7%
*105
29%
*6%
3
14
i
6
105
105
2.9%
*34%
5
: .1
No par <'
5% preferred series B vtc100;
Central Hudson G & ECorp—wo par
Central HI Light 4%%: pfd——100 r
Central NY Pr Corp 3.40% pfd.._l00
tCentrai. RR of New Jersey
i
100
Central & South West Corp com_5.
11% Mar 14
105%
71/s
for
Sale*
S per share
$ per share
55
13%
5G
L
100
—No par
preferred:—.!
1st
7%
29 %
25
2nd preferred—
.7%
7%
30
•
—
Celotex
7
Friday
May 29
May 11)
May 18
5 per share
'
1
V5
13
*55
29 VB
1
Corp
13%
55%
*29%
5
10
50
preferred.:
:
100
Caterpillar Tractor—.
;
_No par
Celanese COTp of Amer com—No par
6
Jun
4%
General
&
7%
7
Apr
July
r
34%
Corp' common.
.Conv preferred
.
Carriers
13%
55%
*29
-No par
i
13%
:•
"104%
I—100
Light
Carpenter Steel Col
Carrier
7
1
Carolina
29
52% Feb
.
preferred
Thursday
Wednesday
$ per share
56
"55
10
A
Capital Airlines Inc
$3
Clinch & Ohio Ry
Feb
108
May 17
"»13%-
Capital Admin class A common___i
Carolina
22%
123
Tuesday
May 16 .
Sper share
$ per share
Par
SALE PRICES
HIGH
Monday
May H
.
<7
24
Jan
17
; 23 % Apr
Jun
C
:
.
15
RECORD
LOW AND
29% Mar 29
4
Feb
Feb
>
»35 % Jan
32% Feb 14
68'/# May
22
61
v
147% July
108
'4
30% Mar
:<
Jan
8% Apr
i
17
13
12% Jan
Jan
.130
4
29% Apr
.
19% May
30
15
55% May 11
Mar
5% Feb 23
.
Jan
/.
.
(2219)
■
12V4 Mar'23
100% Mar 24
July
9
CHRONICLE
Saturday-
:
EXCHANGE
$ per share
$ per share
i
Nov
32
30
STOCK
STOCK
YORK
NEW
Highest
50
8% Mar
11.0%
FINANCIAL
STOCKS
Range for Previous
Lowest
&
11%
10%
11%
11%
10%
ll'A
10
10 VA
15%
16
16'A
*7%
7%
•11%
11%
10'b
30%
11%
,
32%
32%
*80
5
14,000
81
4%
600
6,400
11 % •
11 %
5,500
10%
11%
4%
10%
19,400
.
"
10 VB
15%
33
80 Va
5
11%
*
10%
10
32%
;
5Va
5
5%.,
11%
10
-
:
81
5
12
15%
11
Chicago Great West Ry Co com—53
33%
33
*80%
51b
16
11 %
11%
-
9%
11
11VB
9%
9%
9%
9%
900
15%
15%
15%
15 %
2,200
7%
7%
*7'A
7%
1,800
9%
'
12
Jan
7%
Jan
July
33To
Dec
Dec
40
7
5 % Jan
.preferred
8% Jan
•
7
7
—
.
45%
Jan
72 %
July
15%
Oct
21
64% Mar 16
74
Jan
20
10
12% Feb
4
May 11
$ per share
$ per share
.2%
Nov
19% May
4% .Apr'•
44%
Oct
63% May
31
Feb
42
50%
Nov
23%
19 Vb
Nov ;
Jan
19
5% Jan
7
25
30
30
60
Jan
•32'A Feb
15
36
Jail
8
2,0
58
■
49 % May
Jun
26% Apr
97% Jan
4
Feb
11
42 % Jan
3
x20
7
30 % May 17
25
:VZ' May. 7
Jan
:;v
Childs
Co
5'%%
Chile
Co
4
Cincinnati
24% Mar 17
52
% May 19
*12%
13
3,600
31%
32
1,500
13%
32%
27%
27%
27
27
*26%
27%
54
53 Va
53%
*52%
54
55
53%
54 Va
53
53
30.
30%
30%
30%
30%
30%
30
30%
29
30
65 %
65 Va
66
66
66
66
65
65%
65%
(35%
*64 Vb
05
700
11
11
"10
11 Va
11
*10
11
100
"54
.
*10%
11
*10%
Saturday
Monday
May 16
May 14
$ per
Par
11%
*14
*14
14%
10
3
3Va
3
3 VB
*3
3%
*45
45%
*45
45 %
*45
45%
*33 %
35 >/2
*34
35%
35%
35%
53 %
52%
53
25 1
-—
52%
Elec'com—
'
8.50
52%
281b
29
28%
29 %
30
%
102 V2
*101%
22^4
*22%
22 %
51 %
51%
1 vt
102%
*22 %
preferred
:——100 1
Cincinnati Milling Machine Cor__10
29%
i 3
go
*101%
51%
i—.1—2
4 '"a
51
No par
C I T Financial Corp..
52%
■
)
10
*101%
50 7
«
5,500
V
-.29%
45
35%
35
35
50
50%
49%
50'A
28%
101%
*22
51 %
( 51 %
3
28%
101
2,500
20
130
29
ii!!
!;!•
22
22
-51%
-:3 % V
29%
101 %
'%
for
Shares
14%
45
;
101 %' 101%
51%
r
3
45
30
ii!
*14
14%
3
}
51%
}|
102%
the Week
share
"35
35 34
x50%
Sale*
$ per
45
f
4 5 Vb
OR
30%
:'.'i
"14
3
3
*45
Friday
S per share
14%
*14
14%
22%
*22
800
400
29%
May 20
May 19
May 18
$ per share
—100
*14%
Thursday
Wednesday
May 17
$ per share
^
14%
*10
29'A
HIGH SALE PRICES
Tuesday
$ per share
share
"52%
11
&
13%
32%
13
32%
27%
25
Gas
12%
,*32%
4,600
13%
i
Rights
8,800
32%
Chrysler Corp
}Z May 17
1,100
Vb
6
23
•
13
i
•
103% May
4%
6
22%
27%
common
Copper
*3%
6%
32%
,•
preferred
4%
23%
:
13%
13
LOW AND
Chlckasha Cotton Oil—-
7
jun
29%
16% Jan
Feb
2% Apr
101% May
27
May
48% July
Feb
Nov.
36%
14 *
$ per share
.
23
r
,
27%
*27%
STOCK
YORK
23%
23%
32%
.
EXCHANGE
42 'A Apr
•
Jun
65%
90
NEW
4%
e%
6%
6%
;
No par ;
—
Highest
6%
;23% "I
—100
preferred series A
Chicago Yellow Cab
Range Since Jan. 1
Lowest
Highest
4
4
4
6%
23%
STOCKS
Year 1948
Feb
6%
24
'A
No par '
Conv
Range for Previous
14%
23 34
27%
20
34% Jan
6'A
23%
32'A
55 % May
% Feb 24
,6%
27%
5%
preferred
ij
100 ;
Chicago Pneumat Tool com—No par :
$3 convertible pi-eference—No par Chic Rock Is .& Pac RR Co—No par
.28
4
7%
32%
Chicago '& Northwest com
8
Sep
Oct
4%
4
7
7%
' 13%
7
42%
7%
13
Jan
29 Va Mar 30
Feb
-
32
15
36'A Jan
11
25%
•
7%
16
15%
'
25
4
4
G Vb
24
■49% Jan
7 Pit
23%
.;
Feb
Jun
J pershate
*3%
Class B
:
—No par
Chic Milw St Paul & P vtc__No par v
Series A preferred vtc
100 ;
.
10% Feb
25
57.
Lowest
50
25
29 % Feb
:
May
49% Mar
10
2'0
Jan
5%
33% Jan
24
•22% May
23% July
49% July
26
Chic Ind & Louis Ry Co class A
f
5% Feb
July
41%
Dec
13%
13 %
Apr
30
8
3% May .10
9% .Jun
,
7% Mar
>
7
10
6% May 13
15% July
.4% Mar
.
18'A Jan
33,700
25,400
Ii2
101
152,700
60
22%
22%
22%
300
52%
50%
51%
5,900
'
Dec
10
75 Va
Dec
84 Va
Apr
80
Feb
4
83
Apr
5
24%
Dec,
33
Jun
25
Jan
3
29% Jan
27
15 Ve
Jan!
21
May
16% Jan
26
18% Jan
7
4
30% Jan
-8
"7%
...
c-;
;/
-
27% Mar-
'176
July
80
Jan
.
25% Mar
38'A Aug
176
88
Feb
Jan
111%
77
Jun
22%
Nov
34 Va
Apr
43
.
108 Va
City Investing Co common
5 % %
preferred _!—!
: Apr
.
5
Mar
85
City Stores Co
Clark
<3
112% Feb
3
22% May 10
25% Jan
26
Feb
109
105
Jun
Jan
11
107
May
$4.50
Cleve
2
.5%
17
Cleve
preferred
_
Pitts RR Co 7%
'gtd——50
78% May
66
Dec;.
47% May
18% Mar
39% Jan
13
12% Jan
3
15% Jan
19
35'A
Jan
25% Jan
3
30% Jan
20
Clinton Industries
10%
Jan
4% Mar
1
5% Jan
12
Clopay
36% May
22% May
7
30% Feb
2
r
12%
,
23%--NOV
Dec
4%
/
r
27% Dec
Feb *
137
<:
.
Dec
75%
Dec1
31
71
,
183
15
Apr 26
3
60 % Jan
6
Jan
5
25
Jun
1075
July
45%
Jan
29% Feb
Sep
96
Apr
25% May
Jan
Xl3% Feb
Nov
8
130% Feb
Jan
63%
1332
Jan
Dec
x87»A
-
138%
92 Va May
60 y4 Dec
1332 July
"
July
;147
Dec
134%.
•
May 19
89
73
Feb
43
Jan *26
141
13
7%
preferred
82% Jan
28
4%
cum
152
12
9
••■
5
Coca-Cola
Jan
93% Feb
2
17% Jan
7
Collins ii Aikm&n Corp-_
2
Coionial Mills Inc
Feb
22 Va
Oct
14% May 10
19
Jan
24
Feb
22%
Oct
24
18%
Jun
15% May 10
8% Mar 22
19% Jan
Dec
9% Apr 25
8 A May 10
13% Jan
8
11% Jan
10
2
24% Jan
10
30
23% Jan
10
11
18% July
Dec
17'/a July
20'A
Dec
20
•
Nov
9Va
Nov
-
32% May
17% May
31% May
16% Apr
10'A
•V-
Febv
14%
7%
49
Sep
Dec'
78 Va
28%
Dec'
3 7'A
10% Jan
Apr
'4
7% Feb
10
Jun
Jun
'
13% May
48% Mar
29
2
Apr 25,
19% Feb
12
Jan
7
12
Apr 13
11% May 9
58
' May 16
non-cum
non-cum
21% Feb
11
26% May 13
36%
Jan
53% July
-46% Feb
25
90
Jan
Mar I1?
100% Jan 31
—Nov'
Feb
90
Dec
25
104
Jan
12
14% Apr
July
29% May
18
Jan
3
95
3
106
89%
Nov
Apr
-29% May
8V»
Dec
11% May
27 %
Dec
36% July
26 %
x24%
Dec
32
25% Feb
25 Yb
'■
May
6 % Ma y
farf
7% Feb
May
4
Sep
21
Mar
25 %
July
Feb
108%
Dec
xl06
Apr
11% Mar
103%
17% Jan
.7
14%
23%
23%
140'%
*138%
*72%'
74%>
133
133
62
G2
63
"1030
76
100
132
132
1,000
*62
62%
33%
34
*93 %
93
34%
94%
*93 'A
94
16%
15%
15%
3,000
16
15%
16
1,800
2,300
140
16%
16%
16%
16%
15%
16
15%
15%
15 Va
15%
15%
15%
15
15%
15
15 Vb
14%
15%
14%
14%
16%
16%
16'A
16%
16%
16%
16%
16%
0,400
2,400
10%
10
10%
10
10%
*9%
10%
340
16%
*16
11 %
10%
10%
"10%
10%
10%
10'A
10 'A
10%
*9%
10%
*9%
10%
*9%
10%
*9%
10 Va
*9
10%
100
•18%
18%
18 %
18%
18 Vb
18%
xlB
18
17%
18
17%
17%
2,000
17%
17%
17%
17%
17%
17%
"17 V
17%
17 VB
17'A
1,500
B
Columbia* Gas System
Inc —No par
commoii—No
Pictures
11%
11%
11
Va
*10
11%
11%
17%
4
11
11%
*17%
11
11 "4
*
11%
11
•
May 16
11
25,200
11
11
5,400
*56
59
11%
11
11
11
*55%
58
58
58
*56
*30%
31%
31
31 %
31%
31%
30%
31
30%
31%
30%
31
1,200
*21%
2l%
21%
21%
21
21 %
21 %
21%
21 "4
21%
21%
21%
3,000
No par
2G%
26%
26 Vb
26'/a
26 Vb
26%
26 Va
25%
26
25'/a
25%
8,200
—10
50%
51%
51 %
51%
51%
51%
•51%
51 %
51%
51
51%
5,000
99
99
99
*98
99 %
15
15%
11
11 Vb
11
11%
11%
'
*56
60
*55
60
60
100
Engineering
Superheatei;
Inc
,
Commercial Credit common
*99
1_—_—100
-preferred
Coinmercial Solvents———No
100
15%
par
Commonw'lth & South corh__No par
$6
:
'
15 VB
3%
3%
9
L__No par
101%
"7
Commonwealth Edison Co——25
'26%
.8
Conde Nast Publishing
1
3
30
Feb
11
29
May 10
4% Jan
21
23% Mar 30
6
107% Feb
10
preferred series.
Cohgoleuin-Nairn Inb
Cigar
Consolidated
Consolidated
Inci
*8
No par
15'/a
26%
.
51%
.
100
98%
99%
14%
15
14%
14%
3%
4
3%
100
100
.15%
37 Va
Dec
51
Jan
x40% Apr
12
46% Mar
5
19
Dec
29%
Sep
11% Feb
23
21Va Jan
7
Consoi RR Of Cuba
10 %
Dec
15 % May
10% Jan
3
12% Mar
8
Consolidated
8%
Dec
9% Jan
7
Consolidated Textile Co Inc
77/s
Nov
15% July
16% Mar
12% Apr
13
29 Va
Dec
Jun
30% Jan
3
36
May
4
103% Apr
27
105% Apr 20
108
Mar
8
$4.50
108% Mar 25
$4.52
106%
Dec
42%
Jan
33
Feb
37% Jan
22
99%
May
95
Jan
97 % Apr
5
13% Jan
15% Jan
21
84'/a Mar
17% July
92 '/a Sep
85
Jan
91% Mar 12
29%
Nov
40
May
31% Jan
92
Oct
99
July
97 % Jan
36% Mar 30
99 % Mar 21
8% Nov
13 %
May
48% Mar
64%
Oct
101%
27 Va
26%
8%
8'/4
27'A
*•27 %
29%
*28%
27
*28%
3%
3%
3 Va
22%
22%
22%
22%
107 %
13
*9%
42
101%
27%
8'A
13
9%
42 %
107%
13
*9%
3
22%
107%
107'A
13
,
13
.
*9
9%
26%
^
101%
101%
26%
27
15
4,900
3%
101 %
4
196,700
101%
27
*8 %
8%
8 Vb
27%
,27%
27%
27%
27%
29%
"28%
29%
"28'A
29 V4
3
8 Va
3%
3'A
22%
2218
22'/a
*
22%
107'A
107'A
*106%
107'A
13'A
13'A
13%
13%
*9%
9%
9%
9%
107%
13
9%
•
3,200
26%
10,700
8%
700
27%
■'
3 Va
3%
22%
101%
26%
8%
:
90
14%
4
27%
1,800
28 'A
29%
3
22%
"107
12%
■
3%
22
3a
107%
13
3,800
13,100
400
1,200
9%
9%
200
41'%
43%
44
42
43%
41%
42
41 %
4,300
18 V4
-18%
18%
18'A
18'A
18%
18%
18%
17%
18
17
17%
3.600
1
*11%
ll'A
11%
11%
*11%
11%
11 Vb
11%
*11%
11%
11%
11%
10c
7%
7%
7%
7%
*7%
7%
7%
7%
7%
7%
7%
7%
2,100
1
10%
10%
10%
101/a
10%
10%
10 Va
10%
10%
10%
10%
10,000
Pow;er C6 com.l—No.par
preferred
1
No par
34%
341a
33%
1,700
*105%
Consolidated
106 % May
102 %
*106%
Consolidated Laundries Corp..,—5
Consolidated Natural Gas—
15
102
.
*8%
29%
Coppermines Corp—5
4
26%
26%
8
3%
.
101%
26%
3
4
8%
*28%
comi—No par
preferred
'
—No par
Consolidated Grocers Corp—1,33 V3
3%
26%
•
_No par
.
$5
7
102
.^i__No par
Consoi Edison, of N Y
8% Feb
100
*10%
par
cum
~
4
120
*1020
34'/8
34%
93
80
*74
*10%
30
74
600
11%
9% Apr
24.
138'/a
*131
132%
34 Va
94
138 Va
10%
14 V4 Jan
page
*92%
1,500
138%
10%
10
see
94
23%
74
*1030
34%
23%
11%
'9% Jan
8
34%
3,200
24%
100
100
2.50
23
8% Mar
34%
29%
4%
10%
Feb
For footnotes
"92 3 4
132
"62
62%
*1030
4,500
*4%
16
15%
971/4 Jan
56% Feb 24
62
75
"73
'132%/ 133%
138%
14 Vb
29%
16%
*15%
103% May
11
62%
24
13%
V'
4%
16%
' Feb
10% Mar
135 Vb
74
14 >/a
30
"4%
15%
8
Oct
140 Vb
"72
190
39
10%
12
90
"138%
67
*37%
16%
Jun
Dec
140%
*66%
38%
15 %
Jun
33 Va
24 VB
'
62%
94
16%
24 %
10
67
14%
•
4%
24 Va
108
29%
14%
30
a
4%
*138%
140 Vb
133%
34 3 4
29 7
23%
74
35
•14
100
1,300
"106Vb
16%
12%
35%
"37
9,200
22'/b
22 Vb
15%
XlBVa
Sep
*66 Vb
39
434
24
*1030
*92 %
1.
*72
62%
3
7% May 14
67
22%
41
111%
10%
Dec
98% July
133%
*1030
11
2% May 11
'21% Feb 25
108
4%
75
40%
10%
8 %
100
23
"70
"111
*16%
preferred
preferred
Columbia Broad Sys Inc cl A_
3.60%
*106%
30
'
;
3% Oct
52
106 Va
67
500
800
180
'
41%
22%
••'37%
17%
27'A
26%
75
900
100
com
2nd
Combustion
28% Jun
2%
141/a
*17
*150
112
106%
39
30
40%
"111
22%
67
4%
ColuinbUs- & So Ohip Elec Co new_5
Feb
66 %
*37%
30%
35
2l'
18%
*
14%
*62
13
21% Apr
66%
39
*70
111
17%
27%
700
83
29
29
180
22%
108
4%
.
32% Jan
18
*106%
75
41%
40%
111
23%
14
-No par
1st
4%
$4.25
66%
*37%
23
27%
7%
7%
*81 %
.—____20
preferred.^
4%
Columbia
*106%
23%
108
*17'/a
"150
7%
83
29-%
2.50
conv
Colorado & Southern Ry
Class
23%
29%
180
*70
75
r< %
"81%
27%
27%
40%
*138%
5
17%
-,
*150
•111
30%
Colo Fuel & Iron Corp com—No par
5%
40%
111
4%
preferred w W—No par '
Columbian Carbon Co
l ._No par
20% Apr
xl6
—
i...
*70
40%
111
14
No par
Corp.
No par
Colgate-Palmolive-Peet com—No par
$3.50 preferred
^
No par
23%
108
75
40%
111
30 V8
.
.1_'_4-
"70
39
i
(The).common-No par
Internat
75
40 V8
*4%
.
A
17%
28
180
14
____100
.
29%
17%
28
111%
x
83
*29%
.
—100
8
Feb,
9'/a
Class
preferred
17
12 3A
'
-
.——
.
4
16
/
-
2nd
Coca-Cola Co
Jan
03 % Apr
1075
1
*17%
*81 %
*29%
*150
66%
No par
l
18
7%
*734
8
83
29%
28
"37 %
,
35% May
Mar 22
15
Die..
29%
180
*66%
.
*81%
28
-
'
*106%
Corp
___•—1
Cluett Peabody & Co com—No par
Apr
16
26% May
&
1
8
83
29%
*150
23%
—c___50
Nov
39
*17%
28%
40%
1
—100
Special gtd 4% stock—
Climax Molybdenum—1
69 Va
•
"70
*111
No par
29 %
180
*150
preferred
—.100
Illuminating com„No par
Graph* Bronze Co com.l
18
*27%
8
8
*81 %
29%
18
.
—_•-—
Louis Ry Co corn—100
preferred.:
83
29%
ndn-cum
Cleve Elec
7%
*8k%
'
—_—5
20 k
Equipment Co
5%
9
42% Jan
16
36% Mar 21
Dec
77«
5
1.100
:
City Products Corpj._—_i__ No par
C C C & St
Jun
.
34 Va
Oct-
16
July
105%
105
8% Apr
25
6% Feb
Jan
6%
Retail
pfd —100
Stores
Inc
Aircraft..
Vultee
Consumers
42%
34%
43 %
34%
34%
34%
34%
34 Vb
34
34%
-
10
33%
500
105%
105 Va
106
105%
106
105 Va
105%
105%
106
105
106
106 %
107 VB
106%
107
107%
107%
107%
107'/2
107
107
107'A
107%
170
America com—20
33%
33%
33%
33%
33%
33%
33%
33%
33%
33 Vb
33 %
33 Va
1,700
preferred
..100
Continental Baking Co com..No par
$5.50 ptefeiTed
—No par
*95%
96%
96
96
96
96
X95%
95%
96
96
96
96%
800
*13%
.14
2,300
Continental Can Inc common—.20
33%
pte'ferred
Container Corp of
i
.—No par
4%
$3.75
L—No
Diamond Fibre
preferred
9% Jan
7
Continental
63% May
9
Continental Insurance
par
5
10
*
*91
*97'
*8%
*62%
590
13%
14
14%
14
14'A
14%
14%
14%
14%
92
91
91
92
92
91%
92
91
91
91
92
33%
33%
34
33%
33%
33%
337/a
33%
33%
33%
33%
5,600
98
98
98
*97%
98
98
98
98%
99
1,500
8%
63
*8%
62%
33A
62%
13%
*
*8%
61%
98
(■'
8%
62%
"8%
-
62
8'/a
62
8%
61
8%
61%
*97
8%
61
8%
G1
310
500
900
16
(2220)
THE
COMMERCIAL
NEW
Range for Previous
Lowest
8
Range Since Jan. 1
Lowest
Highest
•
Highest
I per share
S per
•
I per share
<-frare
S per
■'
NEW YORK
■
Jun
6% Feb
14
8% Jan
7
69%
Jun
47% Feb
11
18
Continental Oil
19%
Apr
13
58% Apr
15% Jan
,3
Continental Steel
May 10
19% Mar
33
Jun
55
July
24% Fen
36
9
May 4
55% May 13
12% Feb 17
Feb
21%
Oct
14 % Apr
8
19% Jan
42% Mar
50%
NOV
49% Jan
4
52 /
15%
Jun
8
May
49% Mar
6
11% Jan
7
3
54% Jan
12
52
;
V
13
»% Nov
14
Mar 26
9% May
6
.
Feb
15
50
Feb
57% July
18
Nov
23%
Oct
20
Apr 26
23% Mar 24
88
Nov
97% July
94
Jan
99% Jan
Corp
Oct
Deo
Oct
98
29
Range Co„_
Copperweld Steel Co
6
6
99
64% May
9
178% Feb
18
24i/8 May 10
32% Jan
7
Crane
Jun
99
100% Apr
13
3
23
24%' Dec
Feb
IO1/4 Mar 30
23Feb
27% Jan
34%
,
Jun
24
91%
Feb
103% July
94
95
Dec
129
93% May 18
Dec
19
78%
Dec
66v Jan
Jun
34
Feb
Jan
177
'
Jun
Crown
$4.20
$4' 2nd
Corp
Crucible
Cuban-American Sugar common
73
Jan
Steel
conv
RR
7%
27
13% Feb
1
15%
Dec
24%
16
28
18
• J
122%
Feb
Jan
Feb
8% Mar 29
.
Jan
7
.
•
V 13%
4% Feb
July
150
Aug
61
May
43% Apr
27
12% July
7V# Jan
3
Feb
118% May 19
Sep
21
July
133
xcfl% May
21
Apr
11
May 20
28%
Jan
137
21% Mar
7% Jan
24
Feb
Dec
4% Feb
47%
8
Feb:
Mar 14
22
129
50
-
7
Jan
19
of Amer
137
4
21
7
33
34%
55
55
32%
33%
*54% : 55
2,600
55 V
10%
*10
6%
pfd_
non-cum
;
4%%
-
*96%
8%
52%
360
21%
21%
2,400
99
*97%
99
99
*97%
*97%'
*97%
631/4
64%
4
25%
*
Class
16
>
39 %
■
26%
i6
*37%
26%
23%
96%
,
95
20%
20%'
67
67%
"
20
*66%
/
24%
99
5,000
*98%; 100
10
.
10
100
-
1,400
26%
*26
26%
.
10
' '
100
15%
-'15%
15%
8,200
38%
*37%
38 %
200
23%
23%
97%.
97%
23%
24
97%,
97%
*91
i
1,400
p.; 180
10
94
19%
•F*66%,<
■
"
95 '
*92."
•
V.
24%
25
s
19%
19%
19
19%
671/2
19%
•
:
67%
800
15%
97,%
93 Vi
:93%
J.
20
,
1%
38%
24 ; T'
'.
97%
'
'*93%
'
150
3,500
1%
16/
23%
>
99
'
95
.
3,600
3%
2
*26
•
63
3%
39%
15%
23%
*96%
26%
*38V2
>
24 7
'
66%
67'
66%
66%
3,100
M.' 600
'
28
28
"
178
7
.V
7 % '
7%
/ V 63%
64
'.*11%
12
*27
28%
-13%
13%
*160
178
-
28
13%
131/4
*160
10
7%
13%
178
7"
12%
*11%
17%.
17%
7%
7%
7%
7
2,200
/
17%
200
68
*64
67
*64
67 V
*11%
12%
*17 i
7%
7%
250
2,700
*64
•?.
68
*11%
28
178
>160
178
*160
13
13
13%
13%
178
28
28%
*27
-14 "V
*160
7%
...-•*64%
*64%. .67
28V2
*27
'
14
*160
V
12%
*11%
12%
*11%
12%
17%
'*17%
18%
*17 %
' 18 '/4
200
5%
VV 5%
5%
118%
5%
5,100
A118%
45%
45%
•
17%
*17
5%
'
5%
*118
"
5%.
46%
*45%
9
21%
9%
9%
22
21%
100
*132%
140
*132%
24%
1
,
.5%
24%
5%
•
*118%' 119 -V
119
*45%
pfd
> 15%
39%
23%
96%
*94-
.•
—No par
1%
Inc—.
*26%
99
.62%
176%
99
;
10
•
176%
*9%
10
C 99
4%
*1%
25%
*sy?%
63%
176
4
100%
•*98%
10'/8S' <T.
.
176
2
25
26
63%
*97%
99
*97%
1
4 »/8
4
100%:*
10
(
63%
176
*1%
261/2
15%
20%" 20%
*27%
A
Cushman's Sons Inc
Cutler-Hammer
2
*98%
9%
...
4 %
25%
100%
-.
99
63%
*1751/4
i
99
«*97%
99
*971/2'.
'
63%
176
4%
26
98 %
39%
23%
97%
'/ 131/4
.'
99
176
4%
*97%
2
95
<
8%
63 %
176
176
'*66%68
No par
common
400
*8%
1
Curtiss-Wrigbt
1,400
2,300
*50%'/52 /
21%
15%
•23%
1
10%
14%
14%
14%
52
52%
39%
23%
? •% 95
—
preferred
*50%
.
8%
4%
15%
Cunningham Drug Stores Inc.—2.50
Curtis Publishing com
No par
$7 preferred
-_-^No par;
Prior
52
8%
21%
100
1
14%
,14%
52%
5
»
*10 iV
,
1414
*50%
8%
8%
176
*38
10
Inc
10%
xio
14%
52
*8%
2i/«
100
common-
preferred
Press
14%
*50%
21%
*26%
100
:
V, 10V8 i
10
Y-;
-120
52%
26%
100
preferred
Cuneo
7
Jan
26% Jan
34%
55
52%
64'A
•
*25%
com_-No par
preferred
Cudahy Packing Co
Jan 19
9% Apr
24% Jan
34%
21%
9%
5
Cuba
6
26
34 V2
55%:
21%
9%
—No par
27
111/4 Apr
500
34%
521/4
25'/4
No par
preferred—:.-
21
7 " Apr 21
63% May 14
July
13%
53
IOO1/2
com
preferred
Apr
17 % May
*13' /
52%
9%
No par
:
15% Jan
88
13
■.:•
*21%
-
13% May
13
v
8%
24%
—.2.50
com
5%
Deo
13
21%
*2
2
7
Dec
11,600
13
52%
*98%
(The)^.
24
Dec
18%
Seal
&
Zellerbach
7
11%
133
Cork
4
67%
9,600
57%
131%
8%
1
preferred-.
Jan
May
6%
57%
21%
25
Jan
160
6 %
57%
52%
100
31
24
6
8
$2
14%
99
>*97%
1
72% Jan
24
May
i
24
6
Feb
160
13
Mar
98
96 ;
May 20
12% Feb
'23
17% Aug
Apr
7%
Mar 17
28% Jun
65% Deo
12%
Jun
7
Apr
6%
57%
8%
41/8
America
of
Crown
4 2 7/8
6%
57%
55%
/
52
99
641/4
common
19% Jan
15% May. 6
36% Jan, " 3
Dec
*97%
*175%
preferred
Cream of Wheat Corp
46% Mar
Deo
Co
3% %
Creameries
26% May 12
7
6%
57%
21%
-
21%
28
com
14%
Shares
6%
57%
10%/10%
*501/4
Sales for
the Week
53 %
-
*52i/4
0
1
Jun
14
Friday
$ per share
share
57%
*13
56%
14%
52
*8%
•
1
20
_100
98%
Jan
34%
ioy4
14%
*50y4
1947—100
Refining
56%
10%
B
Coty International Corp
26% May
25
Products
1%
8
17% Nov
155
Cum
Corn
2% Jan
8% Jan
34%
*55%
$ per
May 29
'
May'19
t per share
6%
;6%
I31/2
*13
35
*55%
100
preferred.
pfd 3%% ser of
1% Feb
Jan
35
8
common
Fed
36%
20 %
3%%
Glass Works
9
13
13%
50
Exchange Bank & Tr Co
41/4 May
Dec
Mar
23%
Corn
Corning
3% Mar 25
25
*13
No par
39%
-
6%
Thursday
'May 18
I per share
57%
common
Convertible pref 5% series
Cornell Dubilier Electric
Corp^
3%
Feb
x2l
;•
Copper
"•
Jan
|
Sep
8%
Jan
6%
56%
No par
5%
Dec
92%
3
57
Mar
6%
<56%
common
preferred
Coty Inc
3 %' Dec
1%
92% Jan
171% Jan
July
66% Mar
177
6%
56%
PRICES
Wednesday
,
■
t per share
I per share
•'
14
Corp
Tuesday
>•>* May 17
,
May 16' ;
'
25
86
56%
164%
10
May 1 +
>
5
Delaware
$3 prior preferred
25
Feb
Cooper-Bessemer
•
1
of
Monday, May 23, 1949
LOW AND HIGH SALE
Monday
•
t
.
Continental Motors
'
x49% Mar
CHRONICLE
RECORD
Saturday
n/
Par
10%
Mar
STOCK
STOCK
share
Feb
•14
YORK
EXCHANGE
v-
<
Feb
46%
FINANCIAL
STOCKS
Year 1948
.
&
1
'
/.
:
21%
22
23 %
.hi; 5%
*118%: 119 '
45%
i;
9
V
140
24%
17%'
45%
9%
.*132%
22 '
*
46%
9
140
24%
119,
45%
9%'
.•'
5%
*118%
46%
•
9%
22
.22
*132%
140
119
10
'
*45%
45%
900
8%
8%
30,700
21%
2,300
9
217/s
21%
*132%
*132%
140
23%
140
23%
*23%
23%
11%
23%
231/4
24%
8%.
21%
5%
♦118
1,700
D
15% Mar 18
85
Oct
94%
Jun
;87
Jan
4
93
Mar 14
13%
14%
Dec
:20%
Jan
12
Feb
23
14
Jan
17%
Jan
15
Jan
13
17% May
xl6% Mar
8
Deo
18% Feb
-24% Feb
s
c
28% July
31% Aug
,v84
27
31
May 12
96
92
Jan
4
Jun
92% Jan
11
95% Jan
Jan
r
9% Feb
23
10% Jan
8
.:13% Jan
Dec
6
9% Jan
May 19
.
7
Jan
12
42
Jun
22
May 20
29
46%
Jan
32
Jan
36% Mar 30
29% Feb
34% May
31
Mar 29
38% Jan
50%
32% Mar 22
7%
.
Feb
Jun
13% July
4
34
Jan
9% Jan
20
7
May 10
Y
.
11% / 11%
100
*91
2.50
common;
preferred
conv
'
l
common
pfd series A
Davison
Chemical
.
*18%
11%
11
3,100
*92
92%
*92
11%
92%
"
911%
91%
92
140
13%
*12%
13%
*12%
13
*12%
13
17%
*16'/2
17%
*161/2-
17%
*161/2
17%,,
13
*12%
17%
*16%
18%
11%
91%
92%
13
*16% 7.17%
1
11%
11%
*91
92%
12%
•
*12%
20
Corp (The)
Dayton Pwr & Light common
*16%
18%
19
19
191/4
19
V
"
93%
-i
*30
30^8
30
30%
30
series
A
100
*93
94
93
93
93%
Preferred 3.75%
series
B—
100
*92%
94%
*92%
94%
*93
941/2
50c
*10
10%
10%
10%
10
10%
Dayton Rubber
Co
Decca- Records
Ine.
'
■
Deere
Co
&
7%
Delaware
6%
638
22%
22%
22%
34%
34%
35 •
31%
31%'
31%
20
& Hudson—
Delaware
Lack
*33% "34
Western—
&
%5
31
100
&
Delaware Power
10
:
Light Co—13.50
./
2,000
30
30 Va
2,700
*10
*94%
94%
;*9%
10V8
95
/
7% i
,
*33%
500
6 Va'
"
2,400
63e
6%
6%
6
23
22%
22%
22%
22%
22
22%
1,100
35
34V8
34%
33%
34
33 %
33%
4,900
31»/4-
31%
31%' 31%
%
32
32
32'A
2,200
33%
33%
33%
-34
6%
iv
■6%
*22%
'
5
*33%
•34
7%
*7%
7%
7%
*3J
19%
19%
19%
19%
19%
100
100
1.
.
•
032%
800
331/2-
7%
19%
7%
7»/2
2,500
19%
*71/2.
7%
19%
"
6
34%
7%
19%
7%';.
70
95
*93
10%
*93
10
'
19%
94%
*94
19%
;
Denver & Rio Grande West RK
Escrow ctfs for com_.
30'
'
94%
95
100
19
19%
30%
34%.
6%
22%
34%
preferred
30
'
*93
11
/
"
6% /
_1
common
/ 30
*94
19
19
•
;$$$
No par
.
Deep Rock Oil Corp
"
11%
11%
,
30%
7
Preferred 3.75%
24
40% Jan 21
7% May 20
19V4 May 18
i
5%
20
,
31% Deo
r
3% %
Mar 29
Jun
15%
8% Sep
4;;
3
1,7
20% Jan
.Corp
Davega Stores Corp
2
94
Sep
-'8% Nov
••'•i
26% Jan
24
:94
.82% Nov
,
'
Dana
IS'A
19%
4,000
14% Feb
32% Mar
20% Feb
24
27% Jan
7
25%
26%
26%
26%'
26
26%
26
26
25%
25%
25
25%
58
37% Mar 23
50% Jan
24
41%
41%
42
42%
41%
42
41%
41%
41
421/8
40%
40%
2,200
20
56.
,
39% July
21% May
60% Jan
20
22% Apr 20
Detroit
20
22
22
22
22 'A
22
22%
22
22%
21%
22
21%
22
5,300
58
Detroit Hillsdale & S W RR Co_100
53
53
51%
51%
*50
53
>51%
53
Apr
Dec
8%
Dec
;
26%
Oct
16%
Jan
28%
Jun
..,.35% Mar
46
Jun
,38
Feb
11
Dec
46% July
19% May
"19%
Dec
Jan
3
51% May 16
6% Apr 21
18% May 17
.13% May
„
<22% Mar
,<•11
Dec
,
July
11% Feb
19% Apr
13
Mar
9% Jan
7
Detroit-Michigan stove Co
24% Mar
2
Detroit
11
13
Mar 29
De
22
Jan
26
Devoe &
40
Jan
7
Apr/ 1
45% Feb
1
xl9% May
6
13% Mar
2
Vilbiss Co
6%
6%
•6%
6%
*19%
19%
fl9%
19%
*11%
12
*19
__5
Raynolds class A
Diamond
Match
6%
partic
12.50
11%
15% Jan
Distill
Diamond
Range Since Jan. 1
T Motor
20%
Oct
9% Feb
24
17
Jan
8
Nov
41
Jun
24% Feb
14
30
Jan
18
1 per share
35%
34%
35V4
42
42%
421/4
*42%
43%
43
Car
11
11
11
i
Co
2
11
11
10%
7%
7%
7%
2
14%
14%
14%
141/4
Saturday
Monday
May 14
I per share
f per
Par
Corp
f*ii
1
;
Dixie Cup Co common
Class A
No par
No par
14% Mar 29
Dr.
No par
33
Doehler-Jarvis
/><
VII1/4
*27%
.
Jun
27% May 18
12% Jan
3
17% Apr 20
Dome Mines
Ltd
_No par
17%
17'/a
48% Feb
63% Mar SI
Douglas Aircraft
No par
*59%
60'A
501/4 Jan
Dow
22
105
Jan
11
$4 preferred
Feb
106%
Oct
101
Apr
29
108% Jan
21
$3.25
Nov
31%
Jun
19% Jan
3
98
18
18
Jan
80
188% July
124% Jun
Mar
July
May
May
179
Jan
4
119
Feb
28
97% Jan
3
Feb
99%
116
15%
Dec
Apr 27
11% Mar 8
9
Jun
Jun
May 10
113% Mar 14
Jan
10% Mar
9
25% May
16% Feb
26
13%
Oct
20% May
14% Feb
7
13
Dec
19% Nov
12%
<:
Dec
38%
Feb
157
22%
14
82
•
'•
175
Mar
10%
Dec
Dec
6%
<
-16%
106
,
Jan
J
89% Nov:
11
Feb
32% Feb
1% Nov
13%
56
•
.
Feb
123%
Feb
48% Dec
12% Dec
8%
166
11
May 20
Jan
5
25% May 13
14% Apr 13
88
Jan
Jun
1951/2 Apr
5
Feb
135
Feb
101
Jan
Jan
Corp
Jan
7
Electric
153/4 Apr
14
Auto-Lite
Electric Boat
(The)
13% Mar 24
Elgin National Watch Co_
213/b Jan
7
Elliott
8
57
Jan
6
Oct
42% Jan
14
47
Feb
28
26% Apr
22
29
12%
Feb
May 16
Dec
34
Jan
30% Feb
16
104
Jun
100% Jan
24
4%
Jan
6%
Nov
43/8 Mar 12
13% Jan
.
7
May 14
333/8 Mar 25
104
Jan
5
Jan
7
14% Jan
21
13
9%
Feb
16% July
11% Feb
50%
Feb
653/4 July
68% Apr
53% May 19
61% Jan 24
59% May 10
68
59
Sep
4
Dec
9%
Dec
7% Mar
34%
Dec
3%
Dec
Fqt
24
Jan
31
43/Jan
6
10% Jan
7
•
9
Jan
3% Feb
20% May
11%
f"otnotes
see
7% Mar
Jan
49% May
7% Mar
page
6% Mar
36
Jan
3 Ye Mar
24.
25
3
5
4
3
91/4 Apr 30
44
May 19
5% Apr
6
Co
5%%
1
-
Paso
Natural
Emerson
Gas
Electric
"11
10
15%
10
:/
10%
10%
*90
*99
*6%
1
36%
1
25%
*15'A
91
"•
12%
,
*90
-
*12%
101
: *99
:
15%
91 %
36%
6%
14%
*13%
35
*34
:.25%
1%
; 1%
.251/2
171%
*155
42
,
1%
26%
171
175
155
159
42% "42%
*11
12%
20%
20'%
25%
\
155%
42
*11%
12%
20V4
20%
*53%
54%
*45
46%
*53%
*45
28%
28%
10
10'A
10%
15%
15%
15%
17
16%
Endicott Johnson Corp common—25
4% preferred
100
31
*102%
31%
RR
Office
•
*102%
preferred series A
Erie & Pittsburgh RR CO
Eureka Williams
Corp
Evans
CO
1
4%
4%
4%
12%
54%
12%
54%
*60%
63
*60%
4%
62/
4%
8%
;
*4%
5
5
Eversharp
Inc
1
Ex-Cell-O
Corp
Exchange
Buffet
7%
3
Corp
2.50
•'
8%
43
:
*4%
4%
7%
8%
43
4%
*8
8%
43%
*41/4
9
43%
4%
54%
*53%
46%
*45%
Z/1%
25%
'
174
158%
46%
28%
28%
28%
10%
15%
16%
*8
"
8%
43%
Y *4%
.
*11%
*20
20%
10%
/
Y
8%
,8%
43%.,:;<
4%-----
10%
15
*16%
' 31
15%
*102%
16%
31%
104
36
14
*34
54%
*45
/':
31/
31%
*102% 104
4%
4%
12%
12%
*53%
54%
*60%
62
4%
4%
12%
54%
50
•
159 '
42%
12%
15%
16%
4%
12%
*53%
100
42%
10%
104
No par
Bldg
common
5%
Products
104
.
.
',42%
*12
19%
*53%
*45%
28%
*10%
14%
16%
'31%
*102%
.
10%
18%
14%
9
9%
18%
14%
10.
/•
433/8
42
/•:/ ■■,'/ 177
42%
177
"
*90
"
:
|
12%
10.".
-
*99
<0%
35
36%
' 14%
34%
35%,
,
19%
>..
.
.
104
4%
12%
10%
3,800
100
14%
4,000
2,COO
32
32
*102% 104
4%
4%.
12%
12% '.
53%
53%
4%
*60%
4%
62
4%
*60%
4
*7%
62
4
7%
*60%
8%
43%
8%
44
4%
7%
43
->3%
54
6,000
17
12%
53%
10,600
5,800
1,500
200
1,000
16%
4%
100
2,800
113,500
19%
14%
.
12%
54%
4'A
V
,
3,600
2,600
<>;
54
46%
28%
.
10
15%
16%
31%
54
*45%
28'/a
4%
8
■
/
20
1,300
1,200
..
46%
28%
10%
<
,
;
14%
14%'
34%
34%
1%"1%
1%
26%
"25% . 26 ;
174%
173% 174
;
358%
157% 157%
42%
42%
42%
12%,"
11%
11%
55
50
2,100
600
= .
':6%
.12%
7%
19,600
11
91%
.
12'/8
*54
8%,, 8%
43% . 43%
*41%
4%
1,500
6,200
1.400
1,000
1
25%' 25% •;/.Z, *15%
15% • ••
15%
70
200
9
/
9%
f
177
12%. 123%
*99
.101.
6%.'
6%
'7:./;
28%
'
31%
31
91%
15%
91%
42%
12%
20%
*11%
16%
,
*90 :
-
*53'%
10%
15%
16%'
25%
*20T-
29
28%
25%
,15%
/
500
,'V>
114%«
10%
9%
25%
,-12%v. 12%
*99,
101,
158
*114
18%
15
800
100%
100%
100%
114 V2
9%
,
42%
122
42%
*175
36%' y
36'A ' 36%
13%,xl3%^ 13%..
35
*34
r
35
1%
1%
/ l'A
1%
25%
26% V
'.25%
26
173'A 174%
174'A 174%
157% 158%
122
10%
6%/:/.'v 6%:
13%
*34
122%
*18%
14%
.
55/
46%
.
7,700
^ 9%
36%
35
171%
'
6%
14
*34
'
1%
12%
;••'
700
190%
43%
176
„
*90
91%
1.01
"99
37
*13%
-
15%
*90
7
25%'
15%
25%
12%%,-.. *12%.
101
•
36%
:t
7
25%
15%
25%
*10
433/s
175%
44
176.
300
9%
190'/a
*9
10%
18%
"18
191
*10%
15
' 15%
9%
9%
10%
176*174'
*174
,15%
10%
W, 43%
10%
44%
43%
44
174
100%
*114
11
xl8%
19%
15%
122
1141/2
*10%
19%
4
Equitable
*114
10%
5
10
Erie
100%
114
19
3
Mfg Co
100%
100%
114
*10%
50
Emerson Radio & Phonograph
Empire District Electric Co
122%
11
1141/2
10
new-
*100
100%
50
common—
122%
15%
*123/8
NO par
15
conv
122
% 122
18%
.15%
8
preferred
preference „1
5%
El
Battery
Xl90%
15%
*25%/: 25% Zv
3
common
1911/2
10%
10%
r_2.50
100
;
9%
190%
10
43%
1—100
:
9%
•
4,200
83
*17'A
9%
1
*81%
17%
15%
174
2
common
*18%" 18%
84
9%
*81%
1,500
23
22%
23
200
104%
191%
9%
190
104
104
105%
22%
84
*18
10
.
104
17%
*81%
13%
15%
5
common
*997a
*10%
46
*103%
104
18%
84
*17%
122
*114
*102%
*93a
*81'A
19 V
18%
10%
47%
104
*1021%
84
*81'A
18%
9
10%
10
Co
49% Feb
16% Mar 31
7,700
46 5a
47%
V
■
46%'
45 3 4
23%
Corp
Jun
17
1,800
46
23%
common
Jun
10
May 16
12% Feb 24
1,900
6,500
23%
Electric Storage
14% Jan
16%
60
23%
May 16
16% Aug
16'A
59%
23%
Jan
16% Dec
16%
60%
23%
Electric Power & Light com__No par
$7 preferred
No par
$6 preferred
No par
10
16%
60%
23%
26% May 16
May 16
16%
60%
23%
1
preferred
Elastic
51
16%
60%
50c
10
preferred
Stop Nut Co
1
159
167a
105'A
9
28
60%
'28%
1051,4
*81% "84
■/ *27%
1,300
16%
28
106%
*17%
11%
1,900
60
106%
100
Products Co
4%%
28
106%
10'
Manufacturing
4%%
Ekco
2734
106%
Co
Edison Bros Stores Inc
8
28
107%
preferred
Eaton
11%
*106%
common
Co
1
11%
27%
;i2
12
103
Airlines Jnc
Kodak
*11%
:
17
28%
16%
114
6%
2
11%
51%
60%
28%
*60
100
Stainless Steel
175
•600
114
Eastern
431
11%
100
Eastman
May 20
5
190
v-
12
*50
*50
47
1
Corp
May
73/4 Apr
'12
V'
103
1st pfd
Eastern
10
51%
100
series
Eastern
Jan
'•51%
No par
$3.50
Eagle-Picher
18
51%
•
481/2
Cigar Corp
167/8 Mar 29
7
:
51:
*1211/2
20% Mar 30
32% Jan
28%
51
51
121%
133/4 Jan
7
f
26%
121%
Duquesne Light 5 %
13% Jan
"
-
>12
1
*50
-
10%
f 26%
9%
DWG
47% Mar 29
51%
V10%
26%
191%
12
177
v
10%"' '11%
26%
102 %
3
Feb
Shares
11%
48%
29
97
the Week
27%
102%
Convertible preferred—
No par
Elec & Mus Ind Amer shares
29%
Salet for
$ per share
,
11%
48%
35% May 13
2% Jan 12
6
V
May 1 i>
$ per share
S per share
27'A
9%
49
July
Friday
May 20
Thursday
•
27%
190%
74%
2"b~%
Wednesday
May 18
.
Z'llVs ; ;•
190%
27%
Jan
6,900
.
;-K**
11%
190'A
Dec
9% Mar
14%
103%
No par
Dec
12%
13%
48%
1
41%
19% Nov
14%
14
■_
1,300
27%
Preferred
27
7
'
28%
—100
41% Apr 18
113/4 May 20
18% Feb
5
X55
14%
"102%
preferred
10
15
14%
18
International
12% Jan
15
141/4
No par
A
common
115% Jan
29
153
1,700
:
'28
de Nem (E I) & Co com_20
Preferred $4.50 series..
No par
122% May 18
Apr
Oct
7%
No par
common
preferred
conv
>
*11%
Du Pont
Jan
11/2 Apr
19% Jan
Jan
17
Duplan
14
'Oct
56%
3%%
Dunhill
5
90
323/4 Mar 18
Co
*50
8
series
Industries
Jan
101
33% Apr 29
12% Feb 25
Dresser
May 16
6% Jan
Jun
2nd
13
4
12
Chemical
19
20
10% Feb
98
21
24% May
4
86% Jan 21.
Jan
Jan
Jan
2% May
23% July
147
•
May 20
93% Feb
42
164
16% Oct
37% Jun
>
Feb
139
Jan
-Jun
33% Dec
19% May
92% Jun
Dec
92
-
9
46% May
Sep
30% Dec
•
Corp
29
111% Aug
10% Dec
*'
24
Pepper Co
Apr
20
94
Jan
26
101 % Apr
Dec
113%
Apr
Feb
Dec V
164
53
50% Oct
106 % Jun
Jan
7%
11%
l'll %
628
28%
40
12%
10%
7%
'
Divco
Feb
12
11%
*7%
t per share
,.,t per share
share
H29
83
11%
7%
Tuesday
May 17
May 16
3
xl8%
11%
*7%
LOW AND HIGH SALE PRICES
STOCK
800
*10%
7%
14%
7%
10% Jan
90
'
7%
10%
50c
Jan
97
500
43
23
7
1,400
11%
41%
15
43
200
34'%
35%
48 y4 Feb
Feb
19%
34
31 %
42%
Apr
Apr
519
34/8
*41%
56
19
19%
42%
Dec
67%
12%
19%
'36%
Dec
Feb
*11%
19%
*41%
46%
Nov
121/4
*19%
34%
EXCHANGE
Dec
11% NOV
*11%
19%
19%
36 V
Corp
NEW YORK
Highest
13%
32%
12
19%
19
36
Corp-Seagrams Ltd
6-
J T)PT "hnrg
47
11%
•
11%
6%
*19
10
,
3,900
/ 900
19
25
Stores
25
i;i
,50
6 %
6%
>18%
6%
*18%
19%
preferred
Diana
Loweat
Highest
6%
13%
6%
19%
6
*35%
STOCKS
Xear 1948
6%
18%,
%
18%
No par
common
12% Apr
5
7% Mar 12
Previous
Lowest
1
1
;
Corp
*50
53
*50
53
2,600
-
I per share
,
Steel
22
25
pfd
10
May 20
10i/4 May
for
Jan
)
34
ctfs
Edison
40%
v
6% Feb
„V: Rangefor
Escrow
,
2,300
1,800
10,200
400
62
4
7%
_
1,000
8%
43
4
*7%
4.900
2,200
4%
200
300
COMMERCIAL
THE
Number 4805
169
Volume
STOCKS
Lowest
t per
share
3?
il I'
Nov
xigy8
Nov
"20
Apr
■
5
Feb
35% Feb
16
Mar
•
Dec
5
ji
<20%
Feb
''go
19%
54%
•53%
42
•
23% Feb
15
28%' Nov
Dec
43
Fairbanks Morse &
Fajardo Sugar Co
7% Jan
___
1
Jun
34% May 16
38'A Jan
26
leys Mar 10
17% Jan
26
3% May 20
6% Jan
10
Federal Motor Truck-_—___No par
95 y» Mar 23
15ya May 19
26%
Jun
69%
64% Jan
Jbn
107%
20% Jan
61% May 18
liy2'May.20L
42%
Nov
53^
Dec
Dec
23;
•
13
Dec
1
Jun
May
17% Jan
31 Va Jan'
3
•
,
3
,
7
•
May
98% Jan V 7
102''
36% May
15 % Jun
19% May 20
28J
13% Jan
,
16% May 19
X104
96
26
Jan'"3
3
$4: preferred.—:
May 13
Jan*
6
JAn
12% May 16
13% Mar
9
40%
Jan
12% May 18
247/s Jan
7
Follansbee
Dec
'
24%
22
Dec
92%
35%
Feb
17% Mar
May
90 Va Jan
18
Dec
90
Mar 10s
95
26
8% Feb
24
2
19% Feb
257/a
Feb
10
11% May 18
29V2Jan
8
78.
38% May
•
Dec
Aug
20% Apr 29
Jun
47%
105
Mar
.
9"%
8%
Jun
12% May
•
Dec
82% Nov
23
Feb
9
Feb
26
8% Feb
May
47%
X38
Oct
Feb
,
Jan
11
25y4Feb
Food1 Machinery
3Va%
,
11-
48 Va May
.
11% Jan
19
15% May 17
18% Feb
25,
20% Jan
12
73
2
78% Feb
2
4%
Apr
4
Gabriel
Dec
84
6%
Dec
Aug
<
May
Fruehauf Trailer Co
.
Dec
10% May
10% May
16%
Dec
20
Jan
Aug
9
6% Feb
10
7 Va
5% May 19.
16.
7'AJan
10
17% Jan
6
9% Jan
10
41% Jan
Apr. 26
12
Dec
12
38%
Dec
37
Apr
18
12%
Feb
48% Aug
17% July
13
Feb
25
17.'
16%
Nov
23 %
16% Feb
18
19 i
5%
Jun
Dec
45
16%
Dec
11%
Feb
26% May
18% May
99% Mar
42
105%
Dec
100%
8%
Jun
Feb
106
42
11% July
Dec
10.
159%
Apr
9% Mar
15
July
82
Jun
Nov
15
Jan
10% Jan
9% Feb 24
Sep
28'/a
Nov
44% July
26
18
Dec
24
17% Mar
X125
Jan
144
Jan
Jan
Jan
May
35 Ya Feb
34
41
Jun
39 V* Jan
3
Mar
87%
Nov
9
Dec
53
93% Jan*.'4
Jun,
13%
Feb
Oct
118%
Feb
128%
Feb
108
7% Feb
Jun
Amer
Baking
preferred
97*.
4%.
conv
97% Apr
14
13 Va -Jan
•
11
9 pet share
;
9 per
NEW
93%
Feb
99%
Jun
x97
Jan
6
100 Yt May 20
/
17%
Jun
Feb
25
16 Yt Apr -28
16%
Feb
26
Nov
12%
Nov
18% May
13-
23Va Mar
12% Apr
2% Feb
4% May
Jun
10%
Dec
15%
18%
Dec
29
11 Ya Jan;
Jan
120
4Y« Feb
Jun
Nov
31%
Jan
Feb
132%
Oct
Dec
21%
Dec
98 %
Apr
Dec
99 ya Apr;
18%
Dec
30
Jun
18
Feb
76
•
Dec
90
75
Jan
Jan
82
71
May
102 Ya
19 Ya
Gen
Jan
53/4 May
Mar 14
22'A Jan
Gen
7
:
'
■
Public
Jan
11
General Shoo Corp
Jan
27
4
May 10
4
4
102 Y2 Jan
4
25
21Y4 Jan
5
77 Ya Apr
11
73
3
Mar
12YaFeb
3
4% %
i
v
7
preferred
3 %% preferred
Georgia-Pac Plywood
9%
24%
.
200
10
10
1,500
"
■ "A
9Ya
*9%
900
•
1,100
47 VaT
4d
48
4b
47
15
15%
14Ya
15
15
15
4,400
19
18%:
19%
19
19 Ya
18Y«
19
3,900
74
73
74
*73 Va
73%
73
55/a
5%
*73%
*16 Ya
7/a
*8Ya
87/a
8 7/a
*37 Va
37Ya
*37 3A
\A 473/4
74 3/4
'A
*
180
15
3,800
100
8'%
8%
8 Ya
*8%
87/a
600
*37 Va
375/a
37 Ya
:37'/a
200
14 Ya
15
*14 Ya
15
*14%
14%
100
*17 V'4
12%
5
17Ya
1*7
'
17%
*123%
17 Ya
12%
A.5A';/
400
5%
16 3/a
*16
163/8
12%
12%
12%
-A-
5
4%
,
17
*16%
500
12 Ya
12%
400
4Y«
/
5
5
:
4Ya
2,500
27 Ya
25 Ya
Ya
257/s
25Ys
*25 Va
257/«
*25%
25 Ya
100
!
18
173/4
17Y4
"173/4
173/4
17%
18
*17%
18
173,4
173%
1,100
•;
15Ya
15 Va
15 VA
15Vt
153/a
15 Va
15 Ya
153/g
15 Ya
15 Ya
3,700
15
'
•
106
44
>
;
*67
10 Va
7%
A '
66 Va
67
*67
26
26
*26:
*18%
18%
*18%
138
*137
137 Ya
*136%
137 V'4
*136 Ya
37Ya
37 Ya
37 V4
37%
37 Ya
37%
43 Ya
43 Ya
43 3/a
43%
43%
44
*136 Ya
67%
:
,
10 Ya
73/4
73/t
10%'
.
263/4
*26 Ya
26 3/4
183%
67
18 Va
18%
590
1,100
500
137
*137
138
*137
800
4,000
67
67%
18Ya
138
A
:
A
73A
*26
19
27
4,100
161
*67
26%
19
67
;
•' '!
-
A
10%
*153
103/«
10 V*
7%
110
3,800
104
10 Ya
1
*
161
7%
-7Ya
10 Ya
lO Ya
158
.A
--
44
44
*102 Ya
*
7 3/'a
27
19
A
105
105 Ya
44 Va
104
10 V'4
133/4
27
10%
161
*158
*
1053/4
44
*102 Ya
.
10 Yt
*10 Ya
66%
68
*26 Yt
106
10 Ya
10%
161
*158
7Ya.
75/a
73/4
75/a V
10 Ya
10 Va
10 VA
*
161
*158
105'%
44%
•
*102 Ya
-
15
106
44
44 Ya
105 Ya
10%
lOYa
10
10%
44 Ya
*102
105 Va
*25%'
106
106
106
44 Ya
44 V'4
*102
161
*24
257/a
106 Ya
*106
:1;
105%
*183/4
.
*
*17 Yt
5
5
5
6%
5Va
■; 5%
.
37%
8%A
15
13
5 Ya
*15Ya
37%
87/a
14 Ya
6 Ya
6%
5%
*15%>
•*
38
18
•
16 %
*6 Yt
6 Ya
16%
x5%
53A A-
5%
I6Y4
6 Va
6%
*6 Ya
634
*6Y2
*12-Ya
Jun
74Y2 Feb
76
26 Y2 May 13
Nov
28
217/a Jan
(Hidden
55 V2
May
July
17 Ya Mar 28
Feb
48% Jan
3
53 V2 Mar 25
5Ya Jan
3
6%
122
Oct
Nov
8
23
6
105 Y2 May 20
24 Ya May
14% Jan
56
Feb
103 Ya Aug
101
38% Mar
50 Ya
Oct
96% Mar
105 Va
Oct
Dec
235/8
Jun
11
Dec
5Ya
Jan
87/a
Apr
Mar
101
x40Y» Feb
Jan
9
11
5
$4.50
31
7
Jan
•
103
Feb
Goodrich Co
17
455/a Jan
26
104 Ya Feb
-
3
May 18
5% Feb
19
15% Aug
18
Oct
16% Jan
4
18
Feb
35
Oct
20Y» May 20
23
Nov
31
May
Jun
99
14 Va
40
20Ya Mar
•
5
165/a Mar
—
5
3 Ya Jan
7
8Y4 Apr
23
20?/a May
'4
28 Ya Jam
25
26
97
12 Ya Jan
11
16V4'Apr.
Jan
Jan
6
.12
Feb
23
13
36% Feb
24
43.% Jan.
7
18%. Jan
10.
144% Mar
3
Dec
15 Y2 May
136%
Feb
16 V
Dec
507/a May
23 Y» Jun
145 Ya
16 Y2 Jan
Jun
134.
3 :
Apr 27
36 " Apr
1
11
Jan
Union
Granite
Grant
9
32
xl2 ;
Grand
'
13
July
13
Apr
77
Jan
Feb
40%
Jun
13%
Dec
17 Va May
13 Ya Jan
4
14 V» Mar 29
10
Feb
13 Va
May
10Ya Jan
4
11% Apr' 14
$2.25
v
conv
Jun
93% Jan
26
July
15 Y2 Feb
25 Y4
pfd
33
15%:
25 Ya
25 Va
25%
13 7 s
13Ya
13%
13 Ya
,,
"
93%
15 Ya
15
15%
*15
15 Ya
25 Ya
26
25 Ya
25%
25
253A
13%
13%
l3?/a
13%
13%
1'3 Ya
2Ya
2Ya
2Ya
14%
14Ys
14 Ya
14 Ya
17 Ya
171/4
17%
121%
*120
121 Ya
*120
121%
,*5 Yd
*23 Ya
5Ys
55/a
23H4
*25 Va
II8.Y2
;
*19Va
*100
Ya
Mar" 19
35%
Jan
3
5%
5 3/a
8
97-;
Mar
2
20%: Apr.
6
.23%
23%
20
20
101
*100
102
25 Ya
*25%
25 Va
25Ya
*25
118
118
25
243A
20
*19%
*19%
*76
*70
v
71
*70
20%/
78
*70
71
A
27%
71
*70
*823/s
84 Ya
•
*7 5/a
77/a
*100
102
*100
300
102
20
20
19 Ya
193A
77 Ya
77 Ya
76
76
*69
71
71
*70
1,300
80
27%
*7 4 Ya
26 Ya
27Y8
27Ya
84
84
84 V'4
14 Ys
14 Yt
14Ya
143/a
75,Ya
*74 Ya
75 Ya
75%
75 Ya
*74%
26 Ya
26 Ya
26%
*
19%
19 Ya
52 %
51 Ya
*106
8Ya
8,%
108
*106
*
8 Y4
108
26 VA
19 Ya
52
*19
20
50 Ya
52 Ya
8%
*106
'
12
;
11 Ya
i%
1Y*
•
.
5
*23 Ya
•
2 5 3/4
253/4
1,900
20
20
4,400
:f
197/4
52%
*50%
x8
Va
8 V'4
107
107
102%
102%
41%
141S/8
■
42
a:
102 Ya
*102
41
Ya
42 V4
103%
103 Ya
104
104
12
11%
11 Ya
11
11
l3/s
1 Ya
1%
6%
1%
6Ya
24
23
21%
21%
21%
24
24
24
24
23 Ya
14 %
357/s
12%
12Y8
12
38Y4
383/4
38%
39
17 Ys
17%
17 Ya
17 Ya
*135-Ya
i/t
12%
12 V4
17Y4
136 Va
137
137
70
*66
*136
137
137
137
70
*66
70
*66
70
36
36
36
36
36 Ya
36 Ya
36 Ya
36%
preferred——:
133/4
.*"*■ >
Y
A"
3
llYa-
__100
*96%
Grumman
4
94 Ya May 18
24
14
Jan; 7
Gulf Mobile St Ohio RR com_No par
Feb
15
50
Jan
57%
Feb
81
Jun
60 Ya Feb
26
71% Jan
7
14
Jan
18 Y2 July
lb% Jan
3
-20-; Apr
16
18
13%
\
'
1,600
4,400
17%.
4,100
*66
*135 Ya
70
136 Ya
*66
70
70
36
36%
36Y4
3,700
*133/4
13%
"1334
133/4
13%
13%
*13%
133A
*13%
133/4
400
11%
113/4
11 Ys
IIY4
11%
11%
11%
llYa
113/8
11%
18,300
98
95
98
97
97
17 Ya
18',4
1734
17 7/S
17 Ya
17%
17 Yt
678
6%
7Ya
6%
6Ya
6%
6 3/4
'
94 Va
94 Ya
92 V2
*97
98
*93 Ya
95
95
*97
*97
17 Ya
6Y8
596 Ya
A "18;
*92%
12 Ya
-r
'
113/4
6Ya
:
100
37
12
137
137
/
i
400
'
*35 Ya
(The)^—
••
17 Ya
37 Ya
17 Va
90
A
r
37
12%
x37%
*64
Common
96
14%
12 Ya
100
(H L) Co Inc_———
1
Greenfield Tap & Die Corp__No par
*95 Ya
*34 Ya
12'a
A
1,800
1,400
35Yb
"38~ 38 34
17%'
17%
A-'/
23%
95 'A
35
17 Y4
'22%
143/i,
14%
35%
12 Yt
500
235/8
Ya
207/a
95 Ya
14Ya
*
38%
1,700
193/s
20%
*34 Ya
95%
*14%
'
6Ya
*19
1,500
35,000
*14V4
95 Ya
14 3/4
35Ya
%
700
Ya
35
96 Ya
*34 Ya
12
4,100
1%
A14%
96
96
96 Va
A;,1434
38
11
6Ya
19 3/«
21
700
>
41%
1%
•
6%
*6 Ya
193/.
14 Ya
100
1%
3,70.0
103 Ys
11 Ya
.11%
lYe
21
357/«
preferred:————
H%
700
A/
102%
40 3/4
103 Y4
413/8
104
21
21V4
*17VA
102
102 Ya
41 Ya.
104
40
15%
.60 Va
19%
21
200
18,600
105 Ya
59 s/a
*19
96%
1
102 Ya
200
8%
8
105%
153/s
6%
*34Ya
i-
6,900
52%
15%
61
19 Ya
34 Ya
3,700
500
61%
*15%
67/a
*95%
:
1,500
84
V
107
19 Ya
A - 14%
No par
f.
67/a
com—— 1
;—
8%
8 Ys
107
19%
.24
27YS
*51
52%
6%
100
Stores
21V2
20
19%
*50Y2
104
lYs
77/8
,;84
26
257/a
197s
8%
108
2 6 Yt
26
*74
*19 Ys
6Ya
'213/s
1%
75%
102%
*101 Ya
12
75 Ya
15%
102 Ya
•
77 Ya
62
101%
•
Ya
77
OlYs
*
41 Yb
14Y,
15%
62
104
A 14 Ya
15Y«
15Y4
613/4
41%
14%
6lYa
153/4
615/8
104
83 Ya
14 Va
61%
15Y4
61%
41%
23%
83 Ya
*153/4
153/4.
A
*103
27%
84 %
14%
•
*73/4
'
253/t
19%
A *52 Ya
A
8%
73/4
27%
27 Ya
84%
14 Va
*83
7Ya
73/4,
7Ys
14 Va
14
213/s
Jan
24
1,400
20
193/4
71
...
77/8
27%
27%
::
..
19 Ya
10 Ya Feb
-
790
24%
*19 SA
20
78
*76
7s/a
77/a
'.
51%
45
92
25 Ya
117%
24 Ya
20'A
x20
*76
78
102
*100
Green
4 Va % 1
117
247/a
2,300
1,200
1,800
'
V 20 Ya
*19 Y«
Jun
7Ya May 17
25 Ya
26
118
118
25
II8Y4
20Va
20 Ys
78
par
Jun
July
24
23,700
1,300
5 n/a
23 Ya
20
'
10
—No
20%
Feb
4,700
3,000
1,300
50
5%
25
20
*7Ya
par
58%
5
700
A,,
122
*120
23 Ya
25
*76
Gt Northern Iron Ore Prop—No par
Gt Northern Ry 6% pfd_
—NO par
Oorp
1,300
27/a
534
118
*19%
:
500
17%
23%
25 Ys
101
120
120
23,900
'
14%
14 Yb
*17
53/8
26%
,
14%
I73/4
*23V'4
118%
*19Y8
101
.
'
2 3A
2Ya
14%
5%
117 Ya
20
*2 3A
*17
24 Yt
26 Va
;>
25 Ya
57
*125 Y+
5Y8
'
25 Ya-
121
*120
-
23%
5%
24
*25 Ya
26 Ya
H8Y2
*23%
Shares
100 Yt
17
;*120
the Week
100%
14 5/8
2Y«
BftlM far
rper Mar*
100
100 Va
17Va
2%
Friday
May 29
-■Tiffs
573'a
143/3
«2%
V-
May 19
share
260
105
125'A
*16%
2Ya
' '
127
126Va
*101
56Va
*15 Va
153/4
25 VA
v;
15 Ya
Thursday
200
2,600
2,300
125 Yt
57%
125%
14 Ya
par
Feb
100
v
A
4,800
>
48
57%
*125 Yt
17-Y4
par
Nov
page
100
'
12%
see
100
;
127
21,500
7%
47 Ya
103
•
A
96%
7Y4
•
-w
125%
57%
573/4
57%
101
9 per
B per sharp
14 Ya
10
com—No par
No par
44
97
:
8
43
127
*
96 •%
97
48
127%
105
>
73.4
8
H.
*23/4
Aircraft Corp__+
.10
Guantanamo Sugar common
1
$5 conv preferred
No par
Jun
9
125 V4.
A
97
97
43
,5
Great ^Western -Sugar: com—_No par
7%
14.
433%
A
1
Co common
33/4 % preferred
Grayson-Robinson
Greyhound
98
*13 Ya-
_100
Co (The)-—
(W T)
125 Va
16
43%
*100
57%
25%
25 Yt
50
—
City Steel
Ya:
43 Ya
Green Bay At Western RR
60
29%
4
*15
1
Graham-Paige Motors—.
1
Granby Cohsol M S & Pi
—_5
7
245/a Jan
93 Ya Apr
Sep
•
$ pet share
125 Ya
99a 4
15%
43 Ya
LOW AND.mCUl BALE PRICES
r
Wednesday
Tuesday
May 18
May 17'-, • -
57 Ya
;
44
*101
125 Ya
100
37 Ya
127 Ya
127 Ya
105
9 per share
57%
I. *99Yi'
Incj
(B F)
*126Ya
May 16
":i 3b-%
48r
48
*101
Monday
37 Ya
8
8%
8
47%
37 Va
*96%
97 Ya
*96%
-v
127
/• May 14 f
.57'
No par
$5 preferred
:
Goodyear Tire & Rub com—No
$5 preferred
,No
Gotham Hosiery
-No
"
LYa May 12
;
2.50
(The) com
preferred
conv
Goodall-Sanford
8%
A 37%
43 »A
.
105
126Ya
*101
i3
*125 %. 125Ya
.Nopar
:
Gold & Stock Telegraph Co
Mar 24
105
titer shhsw
5
Goebel Brewing Co—
7
64
Co
/{'
1273/4
•
-
48%
*47
Saturdayi
No par
Nopar
common
preferred
4%%
12
17 y4 Jan
10
Oct
Glmbel Brothers
8% May 16
116
3
64 y2
Jan
Gillette Safety Razor com
$5 conv preference.
7
•:
.*101
Co_l
Gleaner Harvester Corp
19%
'48%
Apr
H8
49
;*127
-
8Yt
8% .8%
;
97%
*96 5/8
97 Ya
*96 Ya.
:
A
37 Y4
-•>■
_
85%
24 Yt
.
_100
;
& Lumb
Dec
Mar
.
100
75
footnotes
10Vt
93A
*23 Ya
24 Ya
10%
9% V
3,200
15 3A
*17V'4
•;
5
4Y4%
5
For
24 Ya
9Y4
20
170
23%
VA'
48
16 Va
8
*26 Y4'
100
;
com
13
*
24%
10%
23
153a
*14 Ya
1
preferred—'—:
Gen Tire & Rubber Co
Jan
Feb
*23%
*10
375/a
10 Va
Gen Steel Castings $6
pfd—-Nopar
General Telephone Corp—
_20
General Time Corp com—_No par
17% Jan
-
23 Ya
*
4,700
91 Ya
*90Ya
19 Va
.
28
91
May
,
26% Apr
22 Y2 Apr
33 Ya Jan
85
23 Ya
9Ya
1
12Y4 Mar 23
Dec
24%
4,700
837/a
48 »/a
14 Ya
_10c
General Refractories-——No par
7
82
Nov
24 Ya
"
10 Yt
5Y4
•10 VA-
Gen Realty St Utilities
4
26 Y< May 10
5% Mar
91%
•11%
24 Ya
9Ys
10
14 Ya
6Y4
*158
100
25
16%
91Vt
24 Ya
10Ya
16V4
:*102
5
preferred—.—.
39 Va May
96 Ya Jun
90%
91 %
24 Ya
9%
*47%
48?%
437/a
-No par
Dec
Feb
*90'A
24 Ya
12 Y4
10c
Corp__
Dec
132
*82 Ya
31,600
21% " 22%
11
*
*175/ff
.
'
Utilities
Feb
Nov
22 Ya
84
91 Ya
10%
500
11
22 Ya
84
91
.
11
11%
*23%
—:
V
■>.
13%
84
24 V2
lOP/4
13%
133/a
18,600
12-A*
♦12
12%.
13 Ya
23 Va
*82 %
83
*1-2;
1,800
11 Ya
"
23 Ya
y,
83
V'4..
22%
11 Ya
22
83
*81%
r
24%
106
No par
Railway Signal com
6%
6
Corp.
17
Mar
11*8
A 23%
23
17%
•
Advertising—:_No par
Portland Cement Co—1
87
9 % Mar
13%
17%
^
27%
89
12 Va
14 Ya-
A
122-
3
7% May 16
A 29
;
10
5
Outdoor
General
7
24 Ya Jan
24
72%
May
y2 May
24
114% Feb 25
29% May
30% May
Feb
2
12 3/a
*12 %'
•
>
-A''
•
i.
Gen Precision Equip
Gen Public Service
8
5
123
3
22%
Gen
3Ya Jan
10
24%
5%
12 V
13 Ya
25
5%.
r
$51 preferred———L _——No pa r
Preferred $3:75 series—
-Nopar
14% May
20 Va Jan
3
May 19
General
May 18 ;
16 Y4 Mar
10
23 Ya Jan
0% May
30%
26
16Ya May 12
May
128%
3
21
110%
2%
123/a
91
*8%
\ V'7;,; i ;
Par
Motors Corp cdmi—lo
^
■
12% Mar
* * 1
STOCK.'
YORK
EXCHANGE
share
.
u—-
'Al'ySTOCKS
;
•
15
12%
15 Ya
90,Y4
*37 Va"
100
Foods
preferred
;
Highest
;
94 % Mar
12%
11'/a
115/«
*16 Ya
.
,100
2
Dec
20
16 Ya
23 Va
*6 Ya
—100
17
14%
'
•
102
*101
15%
83
=■:
•
-Nopar
No: par
Jttapar
•„
<
62Ya Fefb
47% Mar
23 Va
23 Ya.
24%
102
10%
73Y4
par
i%%. conrpreferred——_
125Y4 Jan
Mar
2,000
3,300
15Ya-
x733/4
—50
5%
13
5
Mar
1,400
16
74
„100
107% Jan
25
4
%
11%
153/4
xl9
par
127% May 18
4
Apr) 4 *
56 %< Feb
113
•24*101
bl
15 Y»
19 Ya
5
No
com
-
123% Jan
Feb
24'A
102
102
-
300
61 Ya'
11 Ya
61%
12 Ya
11%
15%
133/4
1
General Mills common^...—^No par
52% Jan .13
Jun
66
4% Mar
24Va
24 Va
*61
"15%
'.. 19%:
: *73
:
No par
com
Corp com.
$3.50 preferred
i
General Instrument Corp.;
Nov
22%
123/4'
20
81 Ya
5
2nd preferred
General
125%
Sep
61%
12 Ya
105 Ya
19%
f. 13%
—No par
May 17
Oct
120
1,800
1,500
483/a
48
105 Ya
106
13 Ya
/
15%
*23 Va
common-——5
1st preferred—-—...
4%
Range Since Jan. 1
it per share
Feb
61
'
.100
General Electric Co
•
2%
68
67%
48 Ya
48 V4
*105 Ya
12%
12%
•
lOYV
V 9 YB
.• *47%
;
—50
A—..No
Co
Jan "6-
Lowest
,'
Higheat
56% Mar
073/4
67 3A
49 Y4
20%
Ya
1
—
„
General Cigar Co Inc
7% preferred
'
119
com
Transportations
44
28
123% Jan
Year 194H
9 per share
700
20 Y*
237/a
•
:
Range for Previeue
Lowest
900
15 Va
20 Y4
15-4
•'
40,-
45% Mar 31
Jun
(
97
230
15%.
15 Va
•
'
96
Mar
40%
Inc
$4.25 pfd series A
2
25
99 Ya
T5'Y»
20 Ya
90%
1.66%
$8
Y
99 Ya
15%
2IV4
I5Y»
11%
No par
preferred—
General
1
99aA
15%
6734
12 3A.
102
100
9,500
15 Ya
2l
23Va
2
Industries
$4.50 preferred
7
Apr
2878
23%
*
lSYff
61
*101
102
22%
4
No par
;
General Cable Corp.
139% Apr
19
43
Co
(The)
General Bronze Corp
31
1
15 Ya
"
106 Yv
24V4-
24%
24 Ya
*101
22
15
__50
(The)__
conv
General
79% Jan 20
4
Nov
133
4%
7
20
May lo
31% Mar
Co
Corp
10
.
24.%
23%
*12'/a
1.5
com—..
11% Mar 31
Jan
12%
•
General American Investors com—1
19
603/4
12%
15YI-
20
,
Gaylord Container Corp
24
163% Jan
60 Va
123/4
102
'
2,200
3Ya
3-/4
*99 Ya
*105 Y4
'
__l
xora—•
preferred-L_—_
Wood
Gar
11
6
>
Jan
7% May 12
65% Apr 25
72%
'
106;
7
Feb
160
14% May
9
Feb
Garrett
7
60
13.
23 Ya
1
:
(Robert)
Gardner-Denver
15% May 17
106% Apr ■ 5
46 Va Jan8
102% Mar 23
May
(The)
conv
Gamewell
4
23 % Jan
607/a
"
300
•
17
16 Ya
'
100
preferred
5%
3
*
'
*
28
28
1534 •"
*48 Ya
106
24
common——1
Gamble-Skogmo Inc
18
32% Feb
3
102% Mar 23
53% May
Jan
146
13 y2 Jam
6%
,
6% Feb
25% May 16
17% May 10
May
Apr
Co
GairCo Tnc
Apr 26
13% Apr 25
12% Apr 26
4% May 18
9% May
Dec
27%
8% May 13
3o-Ya
3%
A
3,800
G
■
6 Va
49%
*105 Yt
13
•
—1
preferred
♦35
16%
600
13,900
'
A
■ 'A
"
49 Va
49 Ya
105 VA
48%
35 Ya
3va
1,900
2,400
'
14%
*16Ya
A
28%
67%
68%
%
67
68%
68 Ya
105
48 Y4
■
*v
":
/
1 Ya
14
100
15 Ya
'
par
^
69
'*101
Freeport Sulphur Co——
10
Froedtert Grain A Malting Co- inc.l
9
12% May
24% Jan
•
273%
*15 3/a
15 Ya
15 Ya
15%
15Ya
'4
100
'
16
*15%
A 1
16 Ya
•A * *3 Va
28 3A
100
100
•
16 Y4
A
-
60 Ya'
25
<
No
Franklin Stores Corp.'
28
"
100
4
1 Va
14%
35 Va
16Va
17
37/'8
•
*35
14%
35 Ya
35%
*35
*16J/a
33
1
14
Shares
'37%
23 Va
*32 Yt
'
•'A 14
1
1
1
14%
105 Va
■
100
10
common
Francisco Sugar Co__—
,
10 Va May 13
32 Ya
'
28
27 Ya
16
48 %
Corp—10
——
Corp
6% prior preferred
32%
■
23%
'
100
Foster-Wheeler
11
4
—1
Chem
&
16
"■■106
10
pfd
conv
3%% preferred
,
3
11'/a Jan
24
Corp
Food Fair Stores Inc_'_
::
26% Mar 17
25
Jan
16% May
•10
68%
:
v
No par
21%
.
100
n-5Y4'
*68 Vs
'
Dec
9% Mar
27 Ya
16Y»
16 Ya
32%
'•
lOOiYa
"
*32 Va
14:
4
27 Va
■'
1
Dec
79
17
A 4
•/•■
32 Yt
'.
the Week
snare'
37 Va
23 Ya
'
22%
Steel
34%
16%
,
c99 Ya
5
Florence Stove Od———Nopar
,
34%
4
22 Ya
1
143/a
*
17
37
23Ya
1 Va
A14%
36
-
16-Ya
Florida Power Corp.———7Va
Florshelm Shoe class A
-No par
27
"■
'. *37/a
,100
5
12%
C
f
37
23%
;''.A
37
Ya
Bales for
May 20
S per
A; A
38
36 Ya
23 Ya
3 2 V'4
32 Yt
1
1%
'■*3o*/a
4% 96 preferred it.———,.--100
First National Stores-'
_No par
Firth. (The). Carpet Co
_No par
FHntkote Co (The) common—No par
,
1
i4JA.- w143/a
;•
-10
Firestone Tire A Rubber com-—25
107% Mar 17
20% Aug
.
'•
May 16
59% Jtily
Feb
ft
68% Apr « 6
'50y« Mar 31
31
44 V* Feb • 25-
105
Jun
Federated Dept Stores com..,
4Vi% preferred ——
Felt A Tarrant Mfg Co
Ferre Enamel Corp
—
Fldefity Ffifefc Fire Ins N. Y
5
17% Jfcn
14% Mar 25
•
Oct
53
;
28% May 17
loo% May 3
24% Feb-9
Jun
24 %' Sep
99 %
•
-0'
FAR Liquidating Corp—————1
t per share
A
Friday
Thursday
May 19
$ per share
Wednesday
May 18
23%
36
■24
32 Yt
32%
i
PRICKS
AND HIGH BALE
Sper share
37 V*
37
*23 Va
24.
*31%
I
8
8 per share
37
37
*23 Va
.
! Fedders-Quigan Corp L
—1
" Federal Mining & Smelting Co——2
Federal-Mogul Corp ——
T5
•
May 17
"
20
—
7
>-
14% Jan
9
Tuesday
May 16
S per share
No par
Co
Brewing Corp__
Falstaff
,
Monday
LOW
12% May
31% May
•
49% Mar
28%
11% Mar
7
32% May 19
Mar 23
Jun
Oct
Saturday
Par
3
RECORD
■V May 14
•
20% May
■
s
Nov
14%
1
16
-
STOCK
STOCK
YORK
EXCHANGE
•
25VtMay
'
28
Feb
•
•
*
41% Jan
8
Feb
17% Dec
103%
36% Feb
Jun
19
11%
NEW
<
17
(2221)
CHRONICLE
.
$ per share
share
if. 33% Oct
Feb
Dec
$ per
tper share
Nov
11
Range Since Jan. 1
Highest
Lowest
Highest
i
FINANCIAL
YORK
NEW
Range (or Prevloua
Year 1948 >
&
98
5
95
*94
•
98
20
11 Va
17%
*2,900
-" 6%
6%
7,100
•
.
*94Vt
20
95
rI23/s
127/8
12%
13
12 3/a
12 3/4
12
123/4
12Y4
12%
11 Ya
12Ya
*48
483/4
48%
48%
48%
48 3/4
48%
48%
48 Va
48 Ya
47
48
64%
-64 3/4
641/2
65 Va
64Y4'. 65
64%
64 3 4
64%
64 7/s
64Ya
64%
19Ya
19%
193/4
19 Ya
19%
Xl9 Ya
193/a
19
13 V*
19
19%
•
6,100
'
8
$5 preferred
Gulf
Oil
Corp-
Gulf States Utilities Co—
Nopar
•
25
No pa?
.
•
.
19 Ya
Ya
■
-
•
900
6,100
13,700
THE. COMMERCIAL
(2222)
la
/jvV '://'•i
$ per
$ per share
Oct
22 74
31
Jan
Jan
3
Dec
16 7. May
12%, Dec
x!4% May
1274
79
Mar
89
Feb
107
Feb
146 7a
Dec
8
79
23% Jan
6%
Feb
117a
Feb
11%
Mar
26%
Hart
14
Hat
Jan
5
67% Mar 21
7
Feb
11
8% Mar 14
6
May 13
9% Jan
Hayes
Jan
19% Feb
74 July
20% Jan
13
7,8
Jan
91
Jun
84
Jan
17
29 7a
Dec
42
Jan
30
Jan '
95 7a
Jan
103
22 74
Nov
3478
Dec
35 74
13 7.
Dec
23 % Feb
91% Feb
24
100% Mar
nfay
14
Nov
23% Jan
4
34% Jan
6
38% Apr
22 74 May
13% Jan
4
15
41%
Dec
57 7.
Dec
128 7a
Feb
25 74
Oct
30%
Apr
122%
Feb
123 7a July
Jan
16% Apr
17
Nov
27%
17%
Nov
7,8
Oct
867a
9
Dec
14%
Dec
25 7*4
217a
Feb
30
6 %
6%
Glass
103
91
*91
92
*91
92
*91.
*35%
36%
*35 7a
*35 7'a
36 74
*35%
99%
*99-
99%
99%
367a
99 Vb
,99%
28
28
No par
1474
(G W)
ctimmon
non-cum
preferred
Motors
18%
No par
Inc
Homestake
25
18
*17%
187a
*
*83%
8474
*83%
84 74
*82%
8474
*82%
14
*14
15
15
15
21%
21%
21%
5
*21
& Sons
1974
19 %
26 %
*25%
26
40%
41
1174
117a
11%
11%
117a
1174
32
32
32%
32 %
337a
337a
300
31%
31%
31%
31%
31%,
1,600
*92
93
93
92
93
93
91
92
No par
*47%
47%
477a
47%
47%
48:
25
35%
357a
35%
36%
367s
377,
367*4
*13>4
13%
*1374
41%
397a
33/j4%
com———No par
_100
Houston Light & Power
4
Houston Oil of
37% May 17
'Texas'v t
Jun
13
Apr
27
15
Jan
20
Howard
Jun
37% Apr
29
46% Jan
20
c
Howe Sound Co
Dec
2
5 %
11%
11%
11%
11%
11%
*9%
10
11%
8% Feb
28
11% Jan
Hunt
1% May 19
10% May 13
2% Jan
14
YORK
$ per
Apr
21
35
Jan
7
Idaho
22% Feb
24
30% Jan
7
7
95
Sep
97% May
96
24%
Jan
37% July
25% Jan
4
2
84
Jan
Jan
4
96
Jan
25
28 % Jan
Power
21
Co
Jun
7% Nov
15%
Jan
10% Jan
6% May 12
38 %
Dec
56
Jun
33% Mar
58%
Nov
76%
Jun
57
150
Feb
160
96
96
*96
ctfs
series
Co
Power
Jan
11
Apr
32
May 20
41% Jan
15 V8
Feb
Feb
21% May
8% May
12% May 10
6%
13
Dec
Dec
1%
Dec
Feb
16% May
125%
Feb
26%
Dec
x34%
174%
Jun
156
Dec
93% Apr
ii
13% Jan
May 18
xl45% Jan
5
166% May 19
23% Mar 23
164% Jan
5% Feb
28 % Jan
NOV
9%
Jun
Feb
38%
Jun
24% Mar 10
71
Dec
93
Jun
73% Jan
17
5% May
3% Feb
26
.
24% Mar
135.
Jan
42% Mar
86
Feb
5%
Dec
65
Dec
34 %
27% Apr
Oct
139% July
64% Jun
137
.
4% Jan
8
7
45
Feb
7
53% Jan
94
Jan
5
99
July
14
May
5% Mar 23
Jan
62% May 19
107%
7
Feb
,
7% Feb
Mar
Jun
8%
Nov
16%
Jun
17% Mar
35%
39% May
Nov
137%
Jan
4%
145
May
10
Dec
23 7.
79%
Dec
Feb
Oct
11 % Apr
11
3
29
Feb
1
Apr
29
32
Jan
21
42
1007a
Feb
144
Mar 30
3 7. Apr
148
12
Feb
5% Jan
18% Jan
Jan
Jan
3
Mar
2
44
Jan
24
957b Jan
17
1017b Apr
29
3
407b Jan
7
74
Jun
33
May
113%
Jun
104
May
51% May 16
7
20%
Feb
35
Oct
99
Dec
106
May
158
Jun
39%
31% Jan
1597b Feb
7
9
36
15
102
Jan
104% Apr'
28
Feb
110% Feb 23
160
21
Apr 26'
25% May 20
Oct
3374 Jan
7
86
3
837.
Feb
937a
Apr
767a May 10
30%
Nov
43 7»
Jun
36
Feb
7
.
Jan
Dept
Stores—
(F
L)
165
a
*159
34 72
3%%
4%
61
59
159
34%
34 7a
34'%
337a
34%
32'4
33%
32
32 7a
5.200
14
*
13 7
14
13%
13%
13%
13%
13
13 74
4.000
*8 7'a
8%
*8 7a
8%
8%
200
8%
a
8%
8%
12%
13
13
13
13
90
9174
90
8:
1%
1%
174
11%
11%
11%
163%
24%
163%' 163%
169.
1677a
24%
11
1667a
163
281/4
24%
168 %
6%
6%
6%
6%
28%
*27%
28 7V
83
*76
83
28%
48
*95%
*6
63 74
*76
4%
*4%
4%
*4 7'4
28%
28 %
28%
28%
139%
138%
138%
*138 7a
139%
48%
4874
*95 7a
48%
48 7.
*95%
96
Va
1.000
28 7a
19,300
138 %
138 7a
100
46%
47 >4
8,700
48%
•
6
4%
28%
*95 Va
'
93%
674
*5%
674
6374
63 74
63 74
62%
62 Va
*61%
*54 %
567a
56 7a
56.72
100
427a
42 74
427a
1,400
45%
43
43%
2.700
56 7a
*54 7a
557a
*54 7a
567a
427a
42 Va
423a
42 74
42 74
42
46%
46 74
46%
44
34
*46%
47%
*32%
34
%/
46%
74
,
*33 7b
6
34
34
34
10%
107a
1074
10%
10
1074
9 Va
*10%
10%
10 7'a
1074
10 Va
10 7a
*9%
10
*21'a
*32%
,
207a
21%
2174
21%
21%
21%
21%
28
28
28
28
28
28
2:7 3'4
27%
26
26
26
26
26
26
26 7a
-142%
*374
.
14%
*50
100
*100%
V *347-4
*1047a
12 7a
33
*102%
RR 'stamped—100
Jones & Laughlin Steel com—No par
preferred series A
407b Mar 16'
Joy
12% Jan
Kalamazoo Stove & Furniture
Co
*155
,
26%
84
51
102
347b
107
33
103%
163
27
,
145
'142 7 a
*142 7a ,145
145
-
3%
*3 7a
*13 7b
14%
13%
1372
*13%
14%
84
84
*84 7i
85 %
84
51
*100%
347b
*104 7*8
*33
*102%
*155
26%
84
5172
102
3574
108
3374
1037b
163
27
50%
*100%
34%
*104 7-8
33
*102%
'155
3V»
50%
3%
517 b
*100%
102
34%
107
*104 7'a
33
*32 7a
103 7b
37a
107
33
*
*
145
142 7a
3 7b
3%
19,200
2.500
21%
1,200
27%
;
500
26 7a
1,100
145
..
3 7'a
■
1,300
14%
*13%
14%
100-V
85 %
*84 7-a
85 7a
180
51
101
357b
1047a
*32 Va
35%
*100%
34 3
'
106 7a
4
*103
33
900
51
51
517b
101
33
10
102
357a
7,400
1067a
100
800
33
103 %
*102%
103 74
*102%
160
*155
30
1037b
*155
160
.
267b
26
26%
25%
26
8,200
78 7b
78%
78
78 7a
77 7a
78
300
38
39
37%
38
37 Vi
37%
26%
26%
26 7V
-100
1
78%
78%
79%
79%
79
79
38%
38%
38%
38 74
38%
39
10
*974
9%
974
9 74
9 74
9%
*9%
98 74
*96%
98 74
*36 74
98%
*96%
4,700
K
Dec
21
Nov
11%
98
9
May
May 10
8
10
*9 74
*9 74
10
300
10
Kansas
X89
May
947a Jan
12
99% Feb
9
98 7a
Dec
1017a
Dec
100% Feb
11
10374 May
23%
Feb
48 74
Oct
X3474 Feb.
24
43% Apr
12
48% Mar
60 72
56
Jan
24
13%
18
14% Jan
7
Dec
Jun
52
Jan
May
11
May 13
3
6
207a
Feb
26 7a
July
17% Apr
21
21% Jan
8
15%
Dec
22 7a July
147, Feb
7
177a Jan
7
For
footnotes
see
page
City Power & Lt Co—
3.80%
preferred *
100
*96%
4%
100
*102 74
City Southern com__No par
preferred—
100
4274
54%
5
11%
cum
Kansas
4%
preferred
non-cum
Kayser
(Julius)
&
Co
103
*102 74
103
*2%
42%
42%
5474
53%
53%
11%
11%
11%
102 74
*102%
103
42%
*53%
54 74
53
53
11%
11%
1174
11%
*18 Va
1874
*18%
1874
18 7,
1874
*18
1
*14%
14%
14%
14%
*14%
147a
*14%
B
24.
107
42
Kelsey Hayes Wheel conv class A_1
Class
98%
12%
42
:—
?
1:37b
*84 7'a
163
103%
*155
163
517b
102
35%
35
142%
3%
3%
3%
*13%
84
—
*142 7a
145
.
27%
200
9%
10
27 7a
27%
No par
common
-
217a
28%
pfd—100
com—
337b
9%
*9%
20%
210
63
33%
.
10 Va
*27
26%
100
6
*5%
*5%
42%
.
95%
*95
6374
674
64
*54%
56%
42
83
474
27%
139%
*138%
47
"76
1,400
27
4%
47.
x28
48 7a
96
320
4,100
6%
27
27%
83
11.000
169
6%
6%
Vn
<76
47a
287a
96
27
2,000
-
247a
24 %
163 7b
6%
83
164
24%
168 74
28 74
*138
6%
165
24%
77a
474
3,400
ll'/4
*1%
•
168 74
24 %
168
169
1174
1%
117a
165
Xl65
164
290
1,000
1%
287a
*76
139%
*5472
\
247a
168 %
11
6%
4%
28
164
247s
1687b
■V
17a
1174
1%
1%
11%
,
917a
1%
28%
83
*138
*
174
117a
13%
*90
90
;
600
*13
13
92
7
1,300
155
*9174
2874
2,700 i
60
165
13%
24%
400
37
37
61
927a
Corp com——No par
preferred
100
Manufacturing
165
37
3674
,
*153
62%
*9174
41/4
2nd preferred series A——.100
5%
*159
37%
165
*28
—No par
preferred———
Joliet & Chicago
165
62 74
"159
*13
*76
1
Johnson & Johnson
36%
38 %
62%
par
Johns Manville
3 7a %
38 74
*61%
927a
6%
1
Co
Jewel Tea Co Inc
■
50c
i
Jersey Cent Pwr & Lt 47e>
41,93 3
13.7a
163
No par
i——No
common
Jaeger Machine Co__
30%
62 %
*61
11'/4
No par
preferred
Jacobs
24
85
$6
8
13% Mar 11
ctfsi—
Intertype Corp
87a-
*174
100
share
Island Creek Coal
2
81
Interstate
—_
30%
39 :
38 74
39'/a
62%
20 7a
Salt——
Shoe—i
preferred
Foreign
21% May 17;
17
Jan
24 %
May
99
Sep
Jan
3
May
48
89 7a
297. Mar
4
Jun
927b
3374
145
11 % Apr
May
Dec
18
397a
3
24
Jun
7%
Jan 27
4
8% Jan
18% Feb
26% May
22% Mar
29
34
Jan
8% Jan
674
10%
32
35
6%
*1072
International Silver
16%
674
10%
May 20
13
Nov
674
34
65% July
43
Mar
67a
47%
International
8%
*674
1074
International
27.
30
672
*32%
17
Jan
57% Jan
1/128
67V
——25
Feb
44
Mar
1/128
6%
common______25
61
3
43
I
1/128
*47
21
Jan
30%
*6 7a
42
Apr
41
30%
1/128
No par
55
Jan
30
6%
65
Jun
j
820
1/64
*64
45
10
24
V
_100
^_No.par
64
98
*23
4,
47%
Jan
I
*96
23%
1.000
96%
Nov
900
98
22%
5.900
477a
52%
*96
24
-
8.50Q
*95%
39%
98
23%
*96
a
974
_15
preferred
84
25 7a
No par
5 %
21,500 ;
*82
30 %
International Telep & Teleg—No par
9
5.900
26%
27%
83
3074
Int'l Rys of Cent Amer com__No par
8
Feb
71
3274
26 74
26%
8?
*91%
1
—
32 71,
32%
28 7'a
82
*81
*13
_100
preferred
Shares
8%
25
*159
Int'l Nickel of Canada com—No par
$4
the Week
8%
13%
International Paper Go com
Mar 26
32%
32%
for
Sales
May 21)
$ per share
25 7'a
31
*8%
Preferred
Friday
May 19
30%
8%
:
;
.
Thursday
$ per share
8%
13%
Mining' Corp
PRICES
25 7'a
281/4
preferred
1,400
8%
-.100
47c
4,400
25 74
*8%
—
"11
300
1%
1%
11 "4
8%
24%
_•
9%
11%
9%
1%
*11
25 7a
39%
No par
preferred
1%
1%
11
8%
*167 '/a
International
10
31% Jan
143
4
99
8
81% Mar 11
21
May
Jan
9%
91,
10
2574
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com—5
24
29
7.500
25 7'a
13%
common
117'a
8%
No par
Harvester
77c
10%
25%
34
Iron—
11%
8%
*61
Int'l1 Business Machine—No par
Int'l
20
7% Jan
24
5%
3
7
170% Jan
3
Interlake
7:
11%
*6 7a
Corp common
5
4%7c' preferred——
il00
Intercontinental Rubber
No par
20
81
2% Jan
11%
25%
30%
34
Ctfs Inc_
2,600
'
Interchemical
15% Jan
11
23%
3% Mar
26
30
1 '/a Mar 31
i
Jun
Oct
160
Insuranshares
700
33 74
87a
9
8%
—20
^Inspiration Consol Copper
16
2,400
5%
3%
38
*874
25%
1
8
8% Feb
3
'3% May
11 %
preferred
Inland Steel Co
*!) %
5
387a
277a
74
241
24
4%
1,900
1/128
—
1
—No par
—_100
!_No par
G'/e
25.
31%
247a
*2474
.300
1374
39
"87a
—-JlS
common
18% Jan
Jan
31"
.
S A—
Mex,
,
12% Apr
Jan
De
8
86% Jan
23% May
103
Rayon
Industrial
Ingersoll-Rand
47% Nov
8
Electrica
24
13 Va
39
*25%
—No par
.—15
Vli/V—r—.—
7
34% Mar
86
Rights
Industria
98
23%
Indianapolis Power & Light—No par
10'
3
165
RR Co—
*96
—1000
A.
1374
39%
9
32 %
98
stock
13%
3V%
$ per share
83
Jan
67
28
*81
18,600
Wednesday
May 18
337a
27%
287a
82
41% Jan
4
26
Apr
155
Jun
8% Jan
32%
28
81%
Illinois Terminal
3*2 May 11
1/128 May 13
33
28%
80%
Illinois
7-
Mar 30
26
4
327a
327a
26%
Co
conv
5,700
35%
38%
SALE
"
$ per share
80%
RR
non-cum
RR
31% May 14
8% May 11
21% Jan
327a
20
*
$ per share
46%
34 3 4
5 74
1%
HIGH
common_100
67c
'
Jun
$ per share
Par
AND
May 17
May 16
40 7«
3674
38%
11
11
Tuesday. •>;/
Monday
•
46
35%
13 34.
*9%
1%
1%
11
11
-
130
46
407a
9
9
pfd ser A—100
Leased lines 4%—
100
4
20% Feb
May
12%
25%
2
1%
11
3Iay 14
V...
Illinois Central
77% Mar
x32
Jun
July
30
9%
9%
178
LOW
V;
$ per share
share
90
Feb
1074
11
Saturday
STOCK
EXCHANGE
42% July
9%
1%
*10%
STOCKS
NEW
Range Since Jan. 1
Highest
s per share
20% Nov
*9%
—i.1
Fib
26% Aug
6.66%
No par
Corp
Hussman Refrigerator Co
Lowest
Highest
35%
Nc par
Car
Foods Inc
Hupp
Jan
Motor
1,300
*11 Va
39
9
97a
*9i%;
98
"96 %
38%
38%
*9
98
47
5
57a
38%
27% Mar
Apr
5%
5%
57a
..
1047,
36%
x467>4
.
38%
62%
30%
5%
41
93
*9174
9%
■
,v;t:Tper share
4174
*96 7a
38%
Hiyi-son Bay Min & Sm Ltd—No par
Apr
13%
41
105
98
*9 %
Hudson
Year 1948
>
5%.'
*13
4174
'
14 >/« Jan
Jun
*92
105
*96%
.>100
non-cum*preferred
26
May
98
47% Jan
Range for Previous
Lowest
41 '/a
& Manhattan common—100
105
*96%
98
*104
13%
*13
5
Feb
5
14%
Hudson
'
—1
Corp
1047a
104%
38%
19
Dec
Sep
8% Jan
11% Mar
Stores
*104.
No par
A—T
ser
preferred
47
12 7.
400
240
317a
23
107a
*96 7a
26%
104 74
31%
48% May
8% May 20
104%
98
7a
26
11%,
Jan
9
"
5.000
407a
40 7V
104%
327a
: Dec
Jun
277a
317a
pfd
14
22%
407a
*26%
105
*11%
2nd
33
Dec
40 %
277a
27%
*317a
Mar
12%
40%
40 "4
277'
*26 7a
11%
36
4% May 19
19
26%
337a
95% Mar 14
x37% May 11
*18 7a
*25 74
31%
6
Dec
19
26 74
41
40%
27
18%
*25 7a
11%
86% Jan
50
•27
1,300
19 74
267*4
3174
Jun
8 7a
411/4
•27%
300
9%
*93a
9%
*19
*25%
*31%
94%
14% May
Nov
40%
*26%
12.50
com—_5
9%
10
19
*25 7a
300
2,300
217 a
217a
217a
200
15
-
267,
19
74
*9%
97a
97a
19%
19%
*25%
15
20%
14 7'a
147a
*14
4,600
8%
8%
8%
14
*14 74
1,300
%
11%
Oct
Jan
97a
9%
_10
17
8474
3 3'/a
32% Apr
Sep
8% Sep
21%
87a
14
14 74
100
18
177a
*83 7a
3174
6
3%
9%
*147,
217a
21%
.^30
:
14
17%
84%
9
*8%
37i,
9
1474
15
230
*31
11
34%
9
*14
*14 7a
21%
*9%
5
9
14%
15
84 74
2,100
*17%
18
17%
*83 78
18
17,7a
4
*31%
Feb
7
*8%
_—l
Mining
*17%
18
*17%
CO
31%
118%
317a
*11%
30
28% Jan
81
V
*17%
118 3
Houdaille-Hershey com
—-No par
$2,25 conv preferred——-—50
May 20
11
Jan
Jan
43% Mar 10
117%
117%
118%
Household Finance
12% Mar 30
33 %
46%
29% Feb
117%,
18
118%
31
3174
118 74
6,000
1247a
124
*96 '/a
34%
Oct
31
1,200
43%
43%
43%
124%
31%
*123
$4.25 preferred —.—__No par
Dec
Jun
31
307a
118
43%
43%
125
124
14
$4.50
Nov
49
43%
"
125
18
Co_
Hooker Electrochemical Co.
3.
2974
38%
287b
38%
14
.28 74
May
99
10% Feb
Jun
(A)
28
*38
17%
15
2,100
50
147a
*17%
*14
80
2874
17%
1_5
99%
38%
18 i/a
El
*99
*14%
17%'
Paper Co (new) —10
(Charles
99%
74
*38
17%
Hotels Corp
36
14%
28 74
—100
A__
92
*35%
*14
44
437a
*124
307a
30'/2
118
*91
367,
38%
2874
5
ser
Furnace
117%
437a
125
300
92
147a
14%
2,300
23
*38
—1,
Corp
preferred
30%
117%
99%
217a
20%
*22
38%
*38
147a
43
*124
30%
7/
30
63 %
Mar 28
108
27
,
43
"
38%
14%
14%
125
preference—'
Chemical
28
■'/'
*38
43
No par
*99
"
28
28
38%
*123
Holly Sugar Corp
5% conv preferred—
3
28
*38
100
—;
com
Holland
30
*99
No par
common
preferred
7
Apr
4,400
36 7a
4
Jan
6
92
& Dauch
96
6
*35%
Co
102
67a
*90%
Hollander
Dec
6
25
,_100
10
25
Hewitt-Robins
4
6 %
100
$4 conv
13
6 Va
preferred
Hires
Jan
20)
6%
6 %
20%
Hinde
r-
7
*61%
22%
Hilton
29
7
22%
2
41% Apr
7 7a
20%
7
3
*7
22%
9% Jan
29
7'a
207a
3% %
Apr
*6%
20 7.
6
34% Jan
63
*22 VV
84% May
x24
63
20%
1
Feb
63%
227a
18
Jun
6%
5
63%
77a
<%
91
400
5
5
5
22 %
Cq common—
preferred
800
21;%
21%
22
57a
20%
21
42%
21%
22
4%
5%
22%
10% Jan
35%
*7
*
64%
*4%
2074
27% Apr
Nov
'
22
20%
(H J)
10
1.800
144%
*142
144%
*142
30
22 7 a
23%
23
*227-1
22% Jan
Nov
22%
77 '/a
105 7*a
*105
105%
100
13
*76,
78%
■
22%
9% May 19
18% Mar 8
29 7a
*77
*105
20%
3
3
*12 74
20%
Heyden
May
May
12%
22%
7
15
2,100
*12%
5
Hershey Chocolate
15
1,900
1474
15
26
15
Co
1 7%
14 74
common
24% Mar 10
24%
Feb
2
Oct
30%
Dec
20%
!
Mfg Corp
Jun
Feb
Dec
*7
24% Jan
Dec
II
7%
20% May 10
97a
Dec
7%
21% Jan
12% Jan
Jan
157.
99
*6%
21% Jan
8% May.20
May 11
29% May
1672 May
25
,
1
3
14
42 74
*63
17%
14%
1447a
22
637a
17%
22%
'142
22%
637a
20
Jan
144%
*22
Va
33 7a
14%
105
22%
*142
647a
79% Jan
Jun
1447a
105
22%
33
*32
*32
*17 7a
78%
'
*77
*62%
common
preferred
16% May
28% May
*142
78%
22 %
22
22
'127b '
1057a'
*77
100
5 7»
5
Jan
22%
1057a
5 Vs
&
Hercules Powder
18
122
5
22%
13
*104%
777a'
777
nc4%
*4%
Hercules
27
32 % Apr
1
116% Jan
78%
*12 7a
22
7%
4
46% Jan
15
26% Mar
Apr
13
*142
Helme
21
127 % Jan
40% Mar 25
Apr
120%
-
13
5%
3.65%
28% Mar 30
Oct
24 7»
13
21%
3 % c/o
1
98 7. Jan
1
13%
14
1447a
Heinz
Shares
12%
17%
14
*4%
Hazel-Atlas
Mar 30
36
3
17%
14
21%
Hecht Co
4
per share
14%
17%
14
Hayes Industries Inc
7
s
for
Sales
the Week
May 20
$ per share
33%
17%
*32
18
13%
105 %
100
MarX——,__„_10
337a
*32
17%
1
Schaffner
-Corp of America
4 % Vc
22% Mar 14
3
27
'*77
$4.25 pfd~No par
Refrac com__No par
preferred
4
19
Oct
Mar
6%
Feb
337a
*32
*104%
Co
(M A)
Harbison-Walk
5% Jan
1—100
preferred
conv
24% Jan
20%
114
4%
3
Jun
x20
*12%
20
Jun
67a
5
Hanna
Friday
May 19
May 18
i}
■$ per share
18
No par
2
Thursday
Wednesday
-
$ per share
$ per share
33%
18
Printing Co
61
Jan
59
149"
*32
Well •Cementipg„5
Hamilton Watch Co com
4% Jan
May 12
F)
1513%
13
Jun
Dec
81,; Jan
106% Feb
(W
20% Jan
34 7» May
Dec
4%
Hall
6
4
142
Jan
150 7a
July
20 7'a
24
20% Mar 22
Jun
27%
4
Jan
73
Jun
21 Va
Oil
14% May 19
Mar 29
13"
HIGH SALE PRICES
AND
Tuesday
May 17
//./May .16
I per share
Wuier
Halliburton
7
104% Apr
Jan
xlOlVa
11% Mar
Ha cken.sack
19% Jan
11
12
LOW
Monday
May H
H
33% Mar 30
4
163/8 Feb
Monday, May 23 > 1949
v.;..,.:
RECORD
Saturday
Par
|
Nov
:•
STOCK
STOCK
$ per share
share
Sep
co
Feb
157a
FINANCIAL..CHRONICLE
.'.'■Ty1
EXCHANGE
Highest
Lowest
Highest
YORK
NEW
Range Since Jan. 1
if ear 1948
31
&
■,
STOCKS
Range for Previous
$ per share r
'
YORK
NEW
Lowest
■
„
18%
14%
*96%
102%
*96%
98%
103
103
98 %
:
42%
41
53 %
53 7b
53
53
5,200
417b
11%
*13
14%
11%
11 74
1174
18%
18
IS
14%
147/a
14%
:
_
60
103
41%
'
.1,300
900
1,000
400
/
Volume
THE
4805
Number
169
COMMERCIAL
Binfe (or Previous
Range Since Jan. 1
42'/4
$ per
42% May 11
56% Jan
46'A Jan
7
25
13 % Jan
7
28
22% Jan
11
40 %
Nov
51
Apr
12 %
Dec
16%
Oct
11% Feb
19
Feb
92
Oct
24
May
104% July
18% Apr
111/2
Feb
63
141/2
Mar
93% Jan
Dec
89
Nov
32
Feb
39%
43A
16
48% Feb
12
24
93A Mar
42
5
7
93/4 Feb
Jan
18
11'A Jan
7'
46
21
Fep 24
35
47
37
Jan
43
18
Apr
90% Jan
May
213/8
Dec
Dec
99
10
Feb
13 'A May
Jun
Jan
31
40'A Jan
24
Mar 15
5% Jan
7
Jan
8
4
43A July
193/a Mar
5%
Jan
26'A July
10% May
41%
Feb
56
8%
Dec
12"
May
May
16'A
Feb
:43%
Dec
56%
Jun
8
Nov
10'A
381/2
91
47
Nov
13% Jun
55'A Mar
70% May
19%
19%
19%
19%
19%
19'%
19%
19'A
19
19Vb
1,900
98%
98 %
*98%
99%
*98'A
99%
98%
98%
98%
98%
*98%
991%
150
14
*13
14
*13
14
13%
67
/
*12%
13%
*64%
67
29 3/s
30
*13
*64%
*12%
14
*13
*64%
*64%
30%
30 'A
30%
30'A
30%
30%
30%
951/2
94%
941%
95
95
*93i%
94%
*93%
94%
38%
38%
38%
39%
39'A
39%
39
39%
391/4
39%
x38%
39
7,000
,—No par
53'A
5334
53 3 4
53%
S4
^4
54
54%
54
541/4
54'A
54'A
2,400
5034
50%
50%
51
50%
50%
50%
51%
51
51%
51
51%
3,000
6%
31,600
& Co____
Gas
Light Co
4
pfd—75 Pesos Mex
(The) !
—_No par
Consolid
*4
Co com
Lehigh Portland
Lehigh /Valley RR
6%
7
6%
41/2
*4
22%
*4
4%
21%
10%
*10%
10'A
*10
10'A
47
*44%
47
*45%
48
24
24
*23i%
24
42%
42V4
r
24
42%
*41%
*18'A
18%
97%
42'A
6%
*4
10'%
103«
•
1
*45%
47
24
*23%
24
*23'A
24
100
*42 'A
43*A
*42
42%
42
300
*18
18%
*96
97%
*18
183's
*96%
971/2
*96%
97%
7%
71%
734
7%
7%
7%
7%
7'A
7'%
7,300
39'A
39%
1,500
1,700
4,000
181%
*96
39%
39 %
39%
39',4
39 'A
39'A
38'/2
38'%
4%
4%
434
4%
4;%
43,4
434
4 3/4
4%
4%
43A
4%
2
2
2
2
2
2
1%
1%
1%
1%
16%
39
1%
16a4
*16%
17
16 V2
5%
*5%
6
*53%
47% Jan
22
37'% Apr
883/4 Jan
175% Apr
1
Feb
16
41
Apr
8
Feb
24
10'A Jan
7
57% May 20
66% Jan
20% May 20
23
15
17
34%
//f8v/-
10
Link
Belt
9
•Lion
Oil
7
Jan
27
5
22'A Apr
5
14 'A Jan
3
62% Apr
21
18% May 13
67'A Jail 21
23%
Jan
14% Feb
68'A
Dec
85
Jun
68i% May 19
78
13 3/8
Jan
24 »/8
16% Feb
•
47%
47
47'A
46%
47%
463/4
47
3,000
"10'A
10%
11
11%
10%
11%
11
11
10%
10%
10%
10%
23%
23%
23%
23%
23%
23%
23%
23%
23%
23%
22%
233/8
2,500
3,700
51%
52
513,4
52%
51%
51%
52
*7%
*37
7%
7%
37%
36%
7%
51%
521/4
7V4
71/4
7%
3 7'A
37
37'A
80
80%
81%
81%
81'A
*173'A
175
174 %
174'A
173'/2
1733/4
40
*38%
40
*38'%
39-
*38%
8%
8%
81%
8%
8'A
8%
*58'%
*58%
58%
58 %
58%
223%
223/a
22'A
22%
Liquid Carbonic Corp com___No par
3 % % .conv
pref er re<k——_ 100
*14%
14%
14%
*68%
70
8'A
59
14%
*14%
15'A
*68%
1,300
80'%
7,000
80
81%
39
39
60
174
174
174
8'A
1,900
9,300
73%
371/4
i
300
40
*38%
8%
8
4,400
59
>
22%
70
81'A
•
7%
*363/4
-'
70
59
8%
58%
58%
57%
58'A
21%
83%
22
7%
*173
39
39
6
37
37
81%
175
ncw_——No par
Co
*51%
52
7%
37%
80
i—1——-No par
Co
51%
7%
37%
,
*173
—
Jan
Dec
100
47
McNeill
May
lo%
6
47%
& Libbyi——
7
Life Savers' Corp—
_!.~i5;
Liggett & Myers Tobacco com:
25
-'< 7% •
preferred >———————_100
Lily Tulip Pup Corp————!No par
Lima-Hamilton .Corp
-5
22
14
*5V4
46%
Libbey Owens Foi'd Glass—_No par
1
13
300
17
*16
46%
Corp—,—No par
Stores
Libby
17
46%
Lehman .Corp
(The) .I...
Lehn & Fink- Products
53% Apr 18
83/4 Mar 30
4
_1
.1
j.5
non-cum
Lerner
400
18
18
18%
97%
7'A
534
25
42
7%
16%
11% May 16
X24%. Mar 30
20
47
6
,
800
*45%
17
21
1,000
10
10
10%
%
21%
39%
50
corn—
4
*4
21%
21%
7%
Cement—i;——25
Lehigh Valley Coal
6%
6%
4'%
21%
70
*231/4
18
*96
6%
21%
5,000
46
46
97%
18
*96
10'A
67
4%
22'A
22'A
*41%
_3
——
6%
22%
67
*23%
3.85% cumulative preferred—_100
Lehigh Coal & Navigation Co
10
•
<
*44%
*10
& Tire—i.—*——«!5
& Sons
6%
*4
4%
221/4
*21%
Bryant
(James)
6%
6%
6%
Co
*64%
67
*5'U
7% May 20
.
1,000
19%
*163A
44% Jan
May
12'A
61/2
72% Apr
Nov
12'A
30
Lees
1
8 3A
12%
*5%
170 V Feb
33
12'4
*16'/a
Jan
Oct
12'A
2nd 'pfd——_No par
1743/4 Mar
Mar
121/4
50c
10
82
421/4
12'A
$3 non-cum 1st preferred__No par
34% Jan
157
43'A
12%
12
20% Feb
»=
43'A
12%
12
8% Feb
«
Jan
43%
*121/4
8'A Jan
14
600
*43'A
12%
24% Jan
42% Feb
17,400
.
43%
4
3
1% May 10
,
>■
40 'A
Shares
44%
40 %
2
16% May
Apr
31% Mar
26% Jun
43%
41
5:)4 May 17
1
-
45%
41
95%
Led Rubber
6
37
Jan
44'A
42
19%
common.
_No par
preferred
50
Lane-Wells
Co!—_!—*1.,
10
Jun
8'A
1%
45%
43%
4 % 'Jo
23
11% Jan
Dec
39
41/2 Mar
•
22% Jan
45%
30%
Lane
Mar 21
96% Apr
45%
96
Lambert
19
22
45
45%
67
Laclede
26
20
the Week
share
'>64%
30%
La
6
7Vs May 13
26% May
90
4
gales (or
$ per
<'94%
Kress (S H)
21
26% Jan
May 11)
f per share
$ per share
Kroger Co (The)—No par
.
May 18
25% Aug
Jan
Friday
May 20
Thursday
May 18
' :/
May 17
$ per share
*'12 lA
$5 prior preferred
No par
Koppers-Co Ine cpmmon—*
10
4%
preferred —_—1—_100
Kresge (S S) Co———_
—10
"
May 17
6
43
303/8 Mar
5
Keystone Steel & Wire Co—No par
;vf Kimberly-Clark Corp com.—No par
4% conv 2nd preferred
100
; Kinney (G R)
Co .common
1
^ Kern County Land Co
20
22% May
4
141/a May
Mar
44%
51% May 18
533/4 May
29% May
Oct
45'A
Jan.26
55% Jan
May 13
17'A Jan
Mar
,
3
4
Apr
,
Jan
4% Jan
6% May
Dec
44%
39% May 19
14
Dec
No par
Kennecott Copper
7
•
Par
LOW AND HIGH 0ALR PRICE!
Wednesday
Tuesday
May 16
$ per share
4
98
X35% Feb
Feb
4%
17
May
31% Janj
Jun
43
26
5
58% July
49
Oct
Feb
403A Nov
67
5
Apr
3
Jan,
91
May
14 '
Mar 18
29% Jan
37% Oct
95% July
45'A
14
62
Jan
75
29'A
100
5
Feb
12
Jun
May 14
$ per share
12
8
39% Feb
Monday
22'A
21%
21%
20%
21%
1,200
7,300
1434
14%
14%
14%
14%
1,200
70
68%
68%
20%
19'A
2OV4
14%
8'A
'
14%
57%
>
Dec
•
Feb
'
Jun
•
20 %: May
Jun
68%
xl8
Nov
18
Feb
138
Nov
23
Nov
25
Nov
'
23% Jan
4
37
Dec
50
May
•
x33'% Apr
28
-30% July
23
18% May 19
•
>
Jan
Lockheed Aircraft Corp
Loew's. Ihci;————!!!:
20'A
_1
.
Star
Cement
Corp
Bel]
Lumber/(Md)
20%
19%
~
20 'A
*68%
20%
20
19%
200
69
*66
19%
17%
4,000
17%
19%
11,800
18%
18 3/e
18%
18%
18..
18%
17%
18%
64%
*63%
64%
64
641/a
64%
64%
64
65
,18'A
18%
183/8
18%
18%
181/2
181/2
18%
18'A
18'A
18'A
223i
22%
22%
23%
23
23
22 %
23%
22%
23
18%
/No par
Long
*68'/2
;
181%
1-No par.
Lone
20
19
RECORD
Saturday
'i
$ per share
\
Oct
60%
Feb
share
STOCK
STOCK
(2223)
CHRONICLE
'
,
EXCHANGE
•
$ per share
YORK
NEW
Highest
Lowest
Highest
$ per share
YORK
STOCKS
Year H>4K
FINANCIAL
"
NEW
Lowest
&
A__No par
*63'A
•
•
.18%.
...
700
64%
*64
800
'
>
19% Jan
213/8 Sep
158' / Jun
153
Jan
' 3
?3% May 16
Mar
158
28
2
28'A May
(P)
Jari
24
Lowenstein
35% May
21
Mar 23
24
Dec
98% July
95
Jan
14
98% May
24% .Jan
16% Feb
8
2t»A
_10
common—
*1541/2
156
*27%
Louisville Gas & Elec Co (Ky) No par
5
Lousviile
Nov
Co
preferred
11
17
Feb
1%
41% Jan
'91
20
Loriliard
i
4
Mar 30
Nashville!
&
;
(M)
Steel
100
,
28
27%
28
27%
34
34%
33%
221/2
23
22%
23
98
*18® 8
19
.*97
98%
98%
*97
18'%
18%
18%
155
1551%
155
140
156%
*155
*27% 1 28'%
34
22%
.11551/2
:
27%
34
*97%
.
———_10
Co_
155'%
22%
& Sons Inc com—1
serifes,A—
4%%..pfd
Lukens
231/8
155%
34
50
v
22%
155
155
5,200
27%
27%
28%
28'%
1,300
34'A
34'A
34'A
33%
34'A
2,100
22'A
221/4
21%
2,400
*
98'%
17'A
17%
34
22'A
f
22%
*97
*97
j 98%
18
18%
18'A
21%
'
*97
17'A
98'%
17%
2,300
3
"
Range far previous /
STOCKS
-1
Year 11)48
Lowest
,
;
(u .-Highest
$ per share
.
S
',/>
perphare
*
"y Lowest
$ per share
■
Highest
>
<
'
•
%..%*/
LOW AND HIGH SALE PRICES
YORK STOCK.
% EXCHANGE
NEW
Range Since Jan. 1
t per share
Par
Tuesday
".May 16
May 14
$ per share
,
Monday
Saturday
s.
,
' Wednesday
<
t per share
"v I
galea (or
the Week
»
May 19
S per share
Friday
May 30
Thursday
;
May 18
May 17
t per share
per share
..
I per share
Shares
M
11% May
14% Mar
3
M
9
& M Wood Working
Co———5
*11%
11%
*11%
11%
11%
*11V4
32%
*11%
*3-1%
*11'A
11%
'
x35 'A
Dec
40
Jan
129 %
Oct
142
Feb
133%
Dec
30% Mar
943/a
Dec
.10
Nov
Xl63/a
Feb
9'A
Feb
490
:
Dec
27%
31% Apr
131
Jun
v
138
10
3
33% Jan
6
100% Apr
3
13
Jan
22
Madison
20
Jan
10
Magma
450
6
6
19% Jan
3
500
Jan 12
Feb 25
Dec
133/a
Jun
Dec
26
Jan
15%t May 17
18
5%
Feb
14%
Jun
; 6% Feb
10
10% Apr 29
19% Jan
25
21% Jan
6% Jan
13
-
18% Mar
:
6'%
Dec
15
-
Feb
6% Feb
Sep
7
251/4 May
;
May
8
17%
Sep
22%
Dec
.923a
Dec
103%
Jun
9'A
Nov
223/a
Dec
193/4
19% Apr
Jan
29% iVfay
29
95% Jan
Apr
11%
Mar 25
,8'A Jan
24
,7
14
10%
31 "4
31'A
317b
31%
31%
*31%
100'A
*99%
100
*99%
100
100
v32
136
11
10%
31%
31%
*10%
10%
*10%
14%
M4%
1234
14
10%
10%
11%
11%
11%
11
16%
934
9%
*20%
*7%
7%
16 'A
490
20%
St
*
9%
20%
8
7-%
16%
17
*16%
20%
20%
20%
.
10
10
10'A
20%
20%
7%
17
20%
'■
16
8
7%
7%
*16 34
17
.
•'.
M
*
Feh
12
7
Feb
11
Apr. 12
13% Jan
7
.471%
Feb
69% July
42% Apr
22
57% Jan
7
Martin-Parry Corp
Masenite Corp
T8
Dec
27'A May
45.
.Oct
13
Feb
21
191/2 Jan
7
Master
27'A
;
xl65
Feb
Nov
353A Mar
.84'A Mar
34% Mar 23
'170
473A
Apr
93
Jun
'*■
Feb
15
38% Feb
Jan
176
42
16
89
Jan
Feb
Mathieson
2
May 17
94% Mar 22
4
100
*99%
101
11%
107/b
11'A
/••
7,100
7'A
*9%
10
10
10
10
12%
1
13
13
13%
13 %
7%
10%
9'A
9%
20%
203/B
20'A
20'A
7%'
7%
*16%
20%
45
44%
44%
441/2
45
13%
13%
13%
13%
13'A
13%
37%
38
37 %
Chemical
38
38%
172
37%
Corp___No par
37%
38
100
*171%
*171%
173
*171'%
5
40'/4
40%
40%
41%
41%
42
40'A
No par
*91%
93%
*91%
93%
*91%
pfd 1947 series—No par
pfd—
No par
*92
92%
*92
93%
*92
*81%
83
81%
*81 %
No par
*7%
8
;
_—
172
172
93%
*91 'A
173
1,000
100
7%
9%
400
20
7%
10,000
1,100
13,700
17
21%
100
-
4,800
9%
121/2
12%
2,600
*44 %
45%
44V2
45
*133/8
14
13'A
13'A
1,100
38%
39%
38%
39
6,700
17134
171%
9%
*12%
45
7
16
13
10
133>4
20%
490
1,400
2,200
13
45
7%
*16%
100%
10
*13%
19%
7%
*99i/4
12%
*44%
93/a
17
20'A
20%
_1
'!—„!!
CO
7
*15%
100%
10%
*450
7'A
8
20'A
13%
490
16
17
100
9%
9%
171'/2
700
70
171%
40
40
40'A
393/4
93
*92
92%
*91%
92%
4,400
92%
92%
40%
"
Feb
93
Jun
77% Aug
83/4 Dec
85
Jan
84
33
Dec
110
Apr
21
Dec
25
Feb
41 Ya
Jan
31
Apr
26
'110
Jan
5
29%
Dec
Jan
18%
15 3/i
Feb
15
.
:
24
Dec
243/a
3
92 % May
*
Jan
23% May
£4
30% Jan
351/2 May
98% Jun
Jun
Feb
41'/2 Jan
31
May
52% May
•24%
19 % Feb
15
1
72
46% May
x30
Dec
Jun
25
Dec
12%
Jan
181/2 Jun
8%
Nov
17% Mar 11
17 % Jan
4%%
34
Jan
12
4%
3
49
15
May 19
Apr 20
7% Mar 21
Apr 28
8% Jan
.30.
Merck
& Co
90
Jan>
Apr
29
Jun
34% Apr
16
97% Jan
3
102
106% Jan
4
110% Feb
93/a May 10
143/4 Jan
-8
Jan
7
1043/4 May
106 3A
Feb
13
38'A
Feb
443/4
Dec
195/a May
693A May
40% Feb
5
21% May 13
140
Jun
128
Dec
11
Nov
16
May
9% Mar
14
July
130
11
Jan
Feb
7
23
8% Mar 23
42%
Nov
563A
87
Nov
98
May
87
54% Mar
78
May
66.% Jan. 21
98%
Oct
10% Mar
105'A
43% Feb
Apr
Jun
18% July
104
•
Mar
Jan
10% May
69 'A
footnotes
cee
page
24
7
4
2
May 20
16% Feb
For
10
?4
21 %
21%
21%
21%
21%
*21%
32 3
32%
94% May 17
23% Jan 20
■38% Jan
26
Mar 14
,47%
.
12
52
Jan
May
12
5
Mar.11
May 12
143/4 Jan
15
80
Feb
25
19
Mar 31
32%
32'A
32%
*32
32%
971/2
*95%
97%
*951/2
97%
323.,
31%
32
31'A
31'A
1,500
*31%
32%
31'A
3134
31'A
313/4
30%
31%
55%
54%
543^
*54iA
54%
54%
55
1,400
1,600
33%
331/4
33%
33'A
32'A
33
5,700
94%
*89%
94%
*89%
941%
20%
20%
20%
20%
32 'A
55%
33
33%
*89%
-20%;
21
*15
15%
*15
15'A
par;
*15%
1534'
*15'A
15%
*71%
73
*31
31%
22%
72
*30%
223h
22'A
Midland
8%
Steel
Petroleum
Prod
1st
com
preferred
Minneap & St Louis Ry
Minn St P & SS Marie
3.20%
—
2nd
conv
313/b
30%
30%
200
223/8
22 %
22
22%
2,700
8
221/2
22 %
22%
9'A
9'A
9'A
9'A
20
1,500
41
41
41
41
14%
*14
14%
14%
14%
14%
15
14'A
14%
1,600
*7%
8%
400
*8
991/2
43 %
43%
22 3'a
—No par
*12%
12 34
834
22%
1
'U32
8%
49%
3
100
*731.4
105%
97
*94%
*20%
20%
20%
35'A
*343/4
35
*35
35%
100
*100
100'A
109
109
U'A
43%
22%
133%
11%
43%
22%
*132
12%
12%
8%
*81,2
50
*93%
73
7334
105%
*941/2
20%
8%
94%
•
29%
94%
20%
12%
'
50'A
*93 %
-
30
94%
94%
11
___No par
7%
29%
20%
11%
*21%
83a
29%
20%
35
*105'/2
109
11'A
43%
351/4
100'A
*109
103i
43%
22%
*22
133%
132
12%
9
21
1,200
3434
35
900
35%
109
100%
100
109
43%
223A
132
*12'A
12%
*8%
8%
43'A
22'A
*132
12
83/8
100
96 %
*20%
100
10%
6,300
*94%
21
100 1/4
11 Vn
30
110
96%
*108
*10iA
16%
425/8
43%
22'A
221/4
133'A
132
100%
109
90
120
10%
4,000
43'A
6,200
22'A
132
500
20
*11%
12%
8%
1,000
50'A
50%
2,100
93'A
8%
1,800
*8%
12'A
50
50
49%
50
49i%
49%
94%
94
94%
X94%
943/a
*931/4
94%
73%
72%
7234
72'A
72%
*72i/8
73
105%
105%
*105%
1061/4
105%
,115/8
106
29%
30
1093A
""
11%
11%
11%
11%
*70
703/4
70'A
70%
70
70
—25
*18
18%
18%
18%
18%
*18
7%
93%
~
100
113/a
7%
8
*91%
109
*43
8%
2934
109:,4
*132
9%
29 7 8
}
■
preferred
*30 3A
31%
14%
133V2
Mfg common—_No par
preferred
No par
Minncapolis-Moline Co common
1'
$1.50
30%
*3078
.
15
t
preferred—
30%
31 %
72
9%
35
10;
$4
1st
*71%
40%
.10%
100
&
$5.50
72
9'A
100
new——5
Regul com
pfd series A
•713b
40 38
*109
5
— ^
conv
Minn Min
721/2
9%
*343.4
:
100
Minn-Honeywell
*71 38
73
41 %
,i*99%
pfd_100:
series
—
Mid-Continent
14%
41
20%
Copper
15
9%
94%
Miami
*14%
40'A
8%
—50c,
3,90%
1,100
15%
9%
*91 %
Edison
300
14%
15'/4
15
*14%
Si
preferred
1,500
15'A
*15
40%
*20%
4.35%
20%
9®8
_No par
preiferred _—x——-^No
Metropolitan
*15
15%
94 '/a
421%
par,
$3.50
20%
15%
*713/8
22 3
*90
15%
15%
72
22%
15
34
1,700
*9%
1
^_3%
Inc com .new
Mierritt-Chapman
21
32
*41%
Inc
Transp Co
33
*89'/a
21%
Scolt-—No par
Mesta Machine Co'_„i
s_
__5
t
94%
55
21
29%
1
106
32%
*95 %
32%
29%
94% May 10
77-
Min
Co
32%
971/2
55%
1
700
22
32%
*31%
.—50
20
110%
323A
55%
15%
32%
*951/2
97
32%
20%
20
500
7%
32%
4
*96
*3134
par
20
83
32%
323/4
29 38
24
23
May 4
139% Mar 3
*12% Jan 25
32%
100
common—.;
Stores
May 18
20
Dec
Mercantile
&
Jun
Nov
*110%
21%
34
Corp
33
21%
94%
(The)
*31
21%
*89V2
(2nd series)
33
21 %
1st preferred—
conv*
Merch
Jun
Nov
Co
-/5 %■
20
273A
3
Shoe
Mengel
Jan-22
•
2nd pfd
*31
*21%
*33%
!____No
33
*31
130%
T 55%
series)
*31
7%
110'A
_18
(1st
*81%
7%
110%
—„—„—_No par
common—
pfd
Melville
22% Apr 28
13 3/8 Jan • 8
953A
92
Mead Corp
83
7%
) 110%
Co—L;-;TMcQuay, Norris Mfg Co!——!
10
13
17%
353%
/
*81'/a
8
110%
Porcupine -.Mines—^
preferred
Jan
85% NOV
101%
$4
92%
83
*7%
93
*110%
hicLellan-Stores
15
40'A May 16
<
McKesson & Robbins Inc com
19
22% Mar 30
May
27
Feb
Mclntyre
;
82
29'
503/4 May
,
Jan
Publishing—No
McGraw-Hill
21
*91%
*81%
8
110%
32
Apr
93
83
93%
^
8
*110%
97
34
33
*31
33
31%
55% May 14
8
8
110%
*95%
13
■
81%
*110%
McGraw Electric Co!_:____ 1\
May 16
8% Apr
62% May
*31
No par
No par
McCall
34% Mar 10
20% Jan
19% May
Dec
preferred
cum preference
1st
9
97
4
v common—
36% Mar 30
3
"May 11
Co
Corp —————No par;
McCrory Stores Corp com—
1
3 %% conv preferred—
100
4
11
143/4 Mar 21
Jun
.
4
S3
$6
17
97% Mar
96%
>47
;'
11
33% Feb
Jan
cum
Maytag
Mar 31
90
cum.
$3.40
7
30% Mar 23
80'A Mar
11%
-
35'% Jan
112
i
31% May 19
Dec
20 '/a
9% Jan
Jan
311/4 Dec
.
$3.75
83 % Mar 28
36% May
Jun
42 3/4
87
93% Mar 29
10
Jan
101%
.
•
'
Jan
Jan
Dec
23
25,
Nov
233A Mar
11
Feb
19% Mar 22
88
41
Jan
75% Apr ,16
Jan
43%
112
29
•
89
80
.
12% May
11%
*70
18Va
11%
.1
4,700
*7%
*99%
200
10%
13
*15%
7%
100
100%
12%
7%
21
101
*10%
I6V4
;No par
No par
7% preferred
May Dept Stores commons
!
$3.75 preferred
173% Mar 14
42
Electric
101
*99
*100
10%
13
*153A
*16%
2,200
*
95/8
"
40
31%
12%
*450
490
101
20%
!■■■
■
4'A '/a- preferred, ^-—
i
Martin
(Glenn L)' Co.———
•
31%
8,800
11
10%
7'A
.
100
"•
11
*7%
7%
15 7
20%
*7%
7'A
*71/2
8
*450
490
7
16
16
7%
Midland
*450
7%
73/8
101
11%
32'A
136
10%
11%
*7%
•
*99%
100
•
10%
14%
•
10%
31%
14'A
*450
*132
11%
-io3/4
73/8
*31%
32
*132
1034
490
*11'A
11%
32
134
14-%
<
_—_5
Corp__:
.^—5
Ry 6% prior pfd—_100
Marshall Field & Co com_r_TNo par
20
Jan
,
11%
No par
————
Market
10%
*7'
1
Shirt
Marine
11%
*450
50
Co_——
•
i03/8
Maracaiba Oil Exploration—
1
Marathon Corp
—6.25
10
103% Feb
Bros
Manhattan
7
May 14
17'A Jan
l"
5
Sugar
Mandel
12
Mar
8.
16% Mar 18
•
Manati
75/8 Jan. 20
24
134
14'/B
.
1
Nov
138
11
*99'A
10
1
Magna vox - Co
(The}——
Mahoning Goal RR Co_l__—
*31%
*134
10%
*103/8
.Garden>->iNo par
Square
Copper
138
31'A
pfd series A^___—_100
4'A%
,
32
*134
138
10%
No par
Co Inc com
(R H)
*31%
32%
,*31 ',2
*134
100
Macy
29
12% May. 19
10
Apr 22
.Apr
com———10.
Forbes
Mack 'Trucks. Inc-.:»——5 "
6%
10%
&
preferred—!
6%
15% Jan 10
.7
15%
-
MacAimrews
3
Apr 26
10% Jan
Jun
15% Apr
24% May
21
Dec
525
10 % May
36% Jan
30
30% Apr
95 % Jan
39% May
103%
Jan
113/8
70%
*70
18%
18
50'A
105%
*72'/8
*104%
73
540
1.100
105%
200
3,700
11%
11%
11'A
703/4
69'A
70
180
18
17%
17%
800
I
20
(2224)
THE
COMMERCIAL
NEW
Range for Previous
423/*
S per share
Feb
4
73 %
Feb
9 per share
Jun
42%
'13 %
Feb
9% July
Feb
34
x33%
Dec
9
Feb
Nov
9%
/
122
25% Mar 30
8
10%
Oct
10
Jan
52
Jan
10% Jan
3
19% May 12
16% Feb 11
27
Jan
21%
Dec
8
13 3/8
Apr
Jan
Machine
Monsanto
Co
Morrell
(John)
Motorola
x8%
4%
4%
100
22%
22%
-27 %
27%
*9%
10
9%
23%
24
24%
5
29% May
18% May 20
25 % Jan
7
Motor
Products
23
May
18
193/4 Mar 30
Motor
Wheel
Jun
8
Mueller
Brass
Oct
13
May 4
10% Apr 21
17% Jan
16%
143/4 Jan
7
Mullins
Oct
10
11
Jan
7
42 % Jan
25
45
jun
.,3
38% Feb
May
17
109
Sep
17
Jan
11% Feb 11
133/4 Jan
34
Dec
43
Jun
30% Mar 22
35 % May
50
Dec
55%
Jan
4o
Jan
51
Mar 18
6
8
21%
Jun
Feb
32%
Sep
18
Dec
29
Jan
Sep
Feb
10% May
13% July
Nov
11% Apr
23% Jan
17% Mar
4%
8%
9%
29
Mar
26%
45
Feb
162%
111
110
*108%
5
6
5%
Nov
32%
Dec
6
Feb
9%
9%
13%
30% Feb
May
Dec
Jan
10% Mar
14% Aug
24% Mar
82
14%
Dec
17%
Nov
10% Feb 24
27% Feb 10
21 : May
22% May
Jun
12%
Dec
14%
Sep
20%
Jun
-85
13% Feb
86% May 13
25% Apr
Jun
Cylinder
9
Jan
x27% Mar
87
35
Feb
29
May
98%
Jan
for Previous
Year 1948
Lowest
9
8
Nov
90% Mar
38
70
99
90%
34%
12%
Dec
39
~
29%
29%
*293/4
10
34%
34%
34%
34%
343/4
34%
♦173%
*173%
173%
172%
173%
173%
10
6 3/8
6%
6 3/8
53/4
6%
5%
6
No par
*313/4
32%
31%
32
1
*7*8
1
53/4
Co
;
Gas
Co
Feb
20
65
Oct
July
July
23% Apr
144
Jan
l
96
86
20
Dec
25%
Jun
13%
Dec
16% May
21
6
21
Co
1
Linen
10
7
Natl Power
National
&
Lt
Shares
10
4%%
Jan
Nehi
Corp
2
Newberry Co (J J)
3%% preferred
2
NEW
9
per
YORK
*20
21
11
59
Apr
250
%
19%
753/4
20%
400
77
76%
1,500
22%
22%
22%
22%
22 34
23
23%
23
23
*22%
23
1,000
5,900
lo
100
1#
21
:
19%
19%
%
9
N
9% Jan 21
N
Mar
21
96
22
Jan
19% Apr
Jan
*
19%
18%
18%
18%
18%
18%
82
82
*81%
32%
81
81%
*803/4
81%
81
81
27%
*27
27%
27
27%
263/4
27
26%
26%
11 %
11 %
-11%
*11%
11%
*11%
11%
11 Va
11%
11
11
10%
11%
*10%
19
18%
14
Jan
28
10%
10%
*10%
11%
*10%
11%
10%
11%
*11%
11%
,11%
11%
J 11%
11%
11%'
11%
11%
113/a
13%
13%
13%
133/8
13%
*13%
13%
13%
13%
13
13
*101%
103
*101%
103
*101%
common
31
31
*30%
99
*98
99
3
Noma
11
Jan
14
27%
Jun
13% Feb
24
8% Feb
Feb
7
28
29
90
107% Feb
15
84
17% Mar
Feb
8% Apr 21
14% May
2
■33% Jan 11
40%
Apr
7% May
14% jun
10% Jan
'19
Feb
Jan
4% Jan
11
11% Mar
36
2
123/4 Apr
7
2
*95%
97%
97%
97%
*95%
97%
10
47%
*47%
47%
*47 %
47%
47%
47%
1,100
10%
10%
10 %
10%
11%
11 %
8,800
68%
vV <67i/2
11%;
73'I
31
28
28
11%
11%
•
11%
V.
31 t
11%
68%
■
11%
30%
27%
28
11%
..
12
26%
\
12
11%
72%
73
73
73
73
130%
131
128
129
128
128
12%
12%
12%
*12%
12%
28%
*25
28
59%
*53
7%
27
26%
7%;
27%
27%
27'A
27%
900
11%
31,900
72
1,000
128
71%
*126
600
12%
11%
12%
*25%
::
271/2
*24%
27%
59
*55
59
250
*245
*53
250
7%
1,000
12%
59%
*245
250
7%
/
30%
11%
73
130%
.
*245
250
7%
27%
27%
93
-
700
.
...
7%
7%
28
—_
29%
,
'.28
28
68%
*67
27%
30% >30%
.
12%
*12% >12%
26%
11%
68 %
30%
130 %
132
9%
10
*67%
11%
*67%
v'
28%
•11%
74
*723/4
9%
10 •
•
"> ' *27%
73
*130%
;v/iiv'.;|/'
11%
68%
*30%
28
*273/4
30%
9%
93
*92%
93
18
*17%
17%
*7%
7%
1,500
/
27%
2,700
27
'
pfd__100
*913/4
1
92%
*91%
92%
93
93
1 18%
18%
18%
18
18
93
*92
40
-
18
17%
17%
89
100
*88%
89
89
89
*88%
89
89
2.50
Industries
Western
*16%
17
17
17
16%
17
*17
83/a
88%
88%
17%
*
25
10
Aviation
8%
8%
8%
25%
25%
25%
*25 "
25%
25%
*25
52
52
52%
52
52%
52%
52%
52
26 %
263/4
*26%
263/4
*26 VB
26%
19%
19%
19%
19%
9%
19%
1
Ry
*81%
10
Co
33%
15
100
8 VB
8%
8%
7%
8%
*25
&
82%
82Va
34
333/8
33%
15
15%
14%
15%
15%
10%
86%
108
-
103/4
10s/8
863/4
:»
108
9%
9%
10%
20
333/4
33'/a
33%
7,200
15
15%
14%
14%
8,800
10%
10%
34,700
86 %
87'A
10%
10%
87%
*86%
87%
108 VB
108 %
8%
87/a
9
8%
1C%
*
*2%
2.50
3
*12
*2%
12%
16V8
16%
35
*12
>
27/8
V;' 3 :
12%
12%
*16
16%
*34%
240
4,200
15%
8%
15%
%
34%
110
1 %
1%
2,600
*12
12%
500
*31%
32%
8%
23/4
2%
12 %
16%
343/4
35
3
; 15%
34%
16%,
35
*34%
12%
12%
1%
34
2%
-
12
130
108%: 108%
-
16%
35
35
7,800
33%
108%
9%
9
9%
82%
82%
*86%
87 V4
108%:
28,300
19 VB
9%'
*81%
5108%
10%
86%
*108
2,300
26%
19
9%
10
100
52
*26%
19%
93/4
15
9%
*343/4:
No par
Co__
19%
*81%
33%
10 3%
263/4
9%
33%
86%
*26%
5,800
25%
*25
51%
82%
9%
*81%
16% ; 16%
50
Rubber
400
7%
7%
8
25%
52
33J/4
10
82%
108
9% '
25
1
Telegraph
19%
10
*81 %
33%"
*86*4
*107%
10
19 %
-
82%
10%'.
No par
preferred
10
263/4
15%
No par.
common
*26 %
19%
9%
50
;
Co
120
17%
*17
*
Co
1,000
89
OO CO
*16%
17%
513/4
*25
25
com
preferred
Pharmacal
*17%
!
1
4
Ry
Norwalk
Norwich
-*67
30%
*240
Northwestern
23
68%
30%
250
Tire
10,500
10%
97%
7
preferred
4.6%
9%
9%
*240
$4.80 preferred
Northwest Airlines Inc
4
1% May 20
27% May
$3.60
109 % Mar 22
for
Shares
47%
*67
par
4
Sales
the Week
10
Northern States Pwr Co cMinn)—
Common
No
10% May 13
Apr
Mar
1
.
May 20
$ per share
*95%
10
250
American
May 19
t per share
97%
'7
American
North
Fridav /
Thursday
9 per share
47%
7.
Corp
Chemical Co
North
7
i
May 18
9%
*240
Pacific
5
Jan
PRICES
Wednesday
47%
RR Co
50
Haven & Hart RR Co_100
5%
series A
100
Northern
3
9% Feb
20
*95 %
*56
173/a Jan
15% Jan
81
99
9%
60
Adjustment
50
1,100 i
31
*98
47%
*56
Gas
.
31
99
97%
60
&
31
30%
*98
900
103
9%
*55
Gas Corp——
*101%
102
2,100
47%
No par
&
SALE
Sper share
*25%
Electric
Nopco
$ per share
28
preferred
Norfolk
AND HIGH
Tuesday
May 17
*25%
Elec
102
31
*98
28
preferred
103
500
11%
*95%
100
com
*101%
99%
Monday
May 16
9 per share
:_No par
Natural
Mar
Saturday
May 14
103
30%
30%
*98
*24%
Noblitt-Sparks
Mar 24
170
800
1.000
10%
Harlem
$3.75
18 %
13%
partic stock
10
19%
*11 %
„
No par
N Y Power & Light 3.90%
N Y Shipbldg Corp
14
Jan
%
27%
No par
Y State
*23
A
•.
83
LOW
Louis Co
Dock
non-cum
&
.'V
11%
Preferred
7
21
Y
■
273/8
82%
*27
;_No par
Y New
%
*20%
1
City Omnibus Corp
$5
23
333/4 Jan
Y
5,900
A
21
76 y2
1
Central
New York
1,400
*20%
10o
N
1,000
1 ♦;
Co
Brake___
& St
6
80
6%
173/a
17%
17%
77
preferred series A
8
6
6
17%
18%
20%
7
York
*18
*
1°6
1 a
*20
%
146
*6
77
New
Air
Northern
Dec
10% Mar
;>
18%
18
*145
20%
New
90
31
Jan
4
18%
50
146
*145
21
12
4
Jun
Nov
6
6
28%.
77 3%
27
3
36 %
3%
146
6
89
77
12
36% Mar 17
-33%
*145
STOCK
Ry
16
146
*18
174
173%
145%
18%
*173%
173%
6
18
6,200
29%
145
6
50
29
28 3/4
*5%
5,600
89
*88
29%
144%
30%
15
143/4
15%
*29%
6
England Elec Syttem___L
1
Jersey Pr & Lt Co 4% pfd__100
Mining Corp
10
Newport Industries common___
1
4%% preferred
100
Newport News Ship & Dry Dock__l
Y Chic
14%
*87
145
New
6%
14%
89
*5%
Newmont
N
•
*87
173%
New
York
f
*1723/4
Par
10
14%
r.
9%
77%
share
8
15
89
*87
173
31
Central
Jun
Dec
14%
'
•
172%
99
Northern
26
Jun
109%
15"*
9%
172%
99
18
Oct
14%
.87% '88
30
31
28
Nov
15
100
193/4 Apr
11% Jan
8%
,10%
common_No par
85
103%
10%
172%
EXCHANGE
14% Jan
7% May 20
133/s May
90
10%
_100
20
Aug
103/4
77%
preferred
28% Jan
78
11
10%
r:-'
No par
7
Dec
11
773/4
common
10
16%
6,200
7,900
*103/4
*144%
No par
Inc
59% Jan
93
7%
53/4
*77%
com
„
Bros
43/4 '/o
Fibre
3
."17%
/
5%
No par
Co
24
Feb
7
53/4
;' 172%
10
50% Feb
Jan
32%
25
(The) Pa
23 % Jan
Jan
7%
5%
29%
No par
Co
Vulcanized
Natomas
27
May
Tea
Jan
8
7%
5%
30%
No par
preferred
National
36%
82% Mar
7%
x5%
r
30%
Cast_No par
ex-dist
National Supply
5
*172
l
Corp
62% Nov
25%
.; 7%
87%
30
Corp
National Steel Corp
National Sugar Ref Co
Jane 24
*85%
100
Service
Dec
14% Mar
7V4
6
9%
14%
par
100
Feb
28%
7%
53/4
31%
common
55
Aug
31%
7%
6
No par
/_No
23
25
3,600
32
31%
7%
11
com
Nati Malleable & Steel
4
Jan
National
N
17% July
3,100
32%
•
12
1,300
O
1
26% Dec
-92% Jan
34% Jun
26% .Feb
16% Apr
.32% Feb
*
93
'
Mar
Dec
30
!
Jan
Dec
-47%
Dec
3
43
Jun
25% Feb
11
18%
100
Jan
"
89
:
Feb
73% Jan
15
For
Jan
23
73
Feb
Jun
37% Jun
154
11% Feb
8% Dec
34%
Jan
23
,
60%
Sep
Jan
X109% July
Apr
144% Nov
;V 15 % Nov
90
99*4 Jan
.; 12%
:
Jan
27
3
Jun
17% Jan
36% July
.6% Dec
98
•27% Jan
103
33
May 18
104% Mar 25
15% May
May
.Apr
43% May
footnotes
see
page
8
23% Apr 21
93% May
4
:
81.:
20
16
Mar 28
29
Feb
7
148
Jan
15
13% May 19
x66% Apr 19
49% Jan
3
11% Mar 29
8 %
66
99
5
Jan
■
Jan
10
'90% Jan
10
r
7
16% Jan
24
79
Jan
58% Jan
14
Jan
.4%%
.8%
|:
,
„_No par
pfd
preferred^.
(The) common
convertible
preferred
A
Collins _£,
Otis Elevator common
10o.
6.
100
_io
:
No par/
6%
.!
preferred
100
Outboard Marine & Mfg____t.__2.50
Outlet
.
Co
1
Glass
Co
7
Pacific
Amer
Fisheries
18'
Pacific
Coast
Co
4
1st
Jan
17
preferred
2nd preferred
S
32% '' 32%
33
•
;
'■
33.
1
1
17%
!104 r
1Q4'
'■
18
*24%
*93%
■:.
24%'
31
f ~\~
83
'*13%
*82
20%
*20%
.31
•«
J
>13*/a'
■":
69
«
56
♦12%
.12%
•
8%';
*66
68
non-cum
No
*36%
37
-
-
i--.
..
30%
154%
;
■
'
27%-
*103%
-
.."17%
.
■
'24 %
'
•"
•
32 %
103% 103%
'-26% "27%
18 i?
*17%
103%
:
2,700
'
553/i
12%
8%
J'20%
24%.
156 %
'*13%'
13%
-*68
69
-
55%
12%
*8'%
37
*36%
9
*66
*36%
-
55%
12%
68
24
.24%
V2
68
,
37,
"
160
26%
'*
9,000
26 "
"M8'? ..V
18
210
-
7%
*82
83
:>■
:
20 V2
t
20%
30%
,
31 :
1155
:*13%
*
•'13%
•it
*68
69
/
55y«
553/4
7
-
82 %
20 Vb
.
:
:
;
70
;
,
'
83 1
*20vb i 21 ;.
307/s - 30%
.
3,100
*~ "
7
*13%'
!.
2,500
30
.200
;
:
6,300
60
*156 •;■' 157
13%
--
69
68 %". 68 %
55%
*68
54% "55
100
20
'
55
12%
*12
*66
37
21
157
13% s13%
1
24
94
*82
30% -31%
-9;*68
.*36 %-
•:827/8
*
*8%
.
7
;
12%
*66
24-
*93%
7%
.
*156
155
•
24%
?3%
*
.93%
-94%
7%
;/ * 93
31 %
*66
.
'
20%
*155 /
"
18.'
103%* 103%
•
...
82%
36%
.20%
•31%.
27%- •27%
*17%.
7%
82%
155
13%
93 Va
-
24%
%
93
7 %".''■
83
69
12%
173/4
7%
*13%
*8%
-27%
-
.
*68
55%
-*8%
No par
-
94
----7Ye
'■
153
r
"•25
7
'
*20%
.".153
24%
.%V *93%
'94%
7 \n
;*82%
"*17%
32%
"
17%
non-cum_
par
I
32
104-•
'
56
10
,'v;
_
■//,v*103%;
28
_12.50
i
t
28%: ./4c,;..27-%
;,:*68
Inc
common
::
32
104;v
28
_No par
Owens-Illinois
i:
*103%
.
20
-No par:
convertible
Corp
"•*31
100
Apr
10% Jan
40
24
i
common
Co
•Oppenheim
28
.
71
7
/
25
Jan
36% May 12
24/
22% Jan
Oil
.Omnibus
323/4 Mar 30.
155 % Apr
Ohio
preferred
Oklahoma Gas & Elec 4%
Oliver Corp common.;..,
7
8
Apr 16
-
*
19% Mar
7
31% Jan / 7
11
Feb
4.40%
33% Jan ' 7
:
6%Feb
Ohio Edison Co
.
'
-
f
140
5%
5%
11
stores
Prod
Gypsum
26% May
25
Jan
1743/4
53/4
2,000
National
15
13% Jan
10
15% Feb
1743/4
6
7%
11
723/8 Jan
7
Apr 29
26% May »
91% Jan
4
Oct
174
5%
31%
$4.50 preferred
National Lead Co
Feb
Apr
33% Jan
14
Jun
173%
173%
11,600
21
19%
13,500
/
500
343/4
9%
21
88
600
34%
•'
17%
Jan
Jan
34%
;
9%
Jan
81
35
1,300
293/4
*29
17%
81
Feb
34%
29%
34%
6
11
35
25
.14%
29%
18
140
Jun
293/4
9%
13% Jan
Apr 30
Feb
29%
173/4
24
225
113/4
8%
18
124% Mar 29
39% July
10%
11%
10
10% May 17
97% Feb
2
25
Feb
10 %
11%
*9%
59% Jan
x27% May 11
10 % Feb 24
14% Jun
Nov
32
8%
10%
17%
_
3
48
86
32
2,600 ;
83/4
*8%
10%
18
Highest
5
Mar
63/8
1,500
11%
8%
.
30
20
10 %
8%
10%
-
8,000
25
*24%
19%
20
12%
8%
10%
V
12%
12
12%
25%
19%
9%
100
11
Feb
174
8%
10%
12
*24%
17%
31% Feb
3
Jun
20%
93/4
103
12
10% Feb
12%
25
20 %
17%
12 % Apr
22
68% Feb
12%
25
21
9%
86
Mar 21
28% Jan
12%
25%
*2038
"
17%
Neisner
20% Jan
255
6% Mar
12%
$95
20%
18
14% Mar 17
Jun
20%
12%
25
20%
93/4
3
61
49% Jan
12%
24%
•
-
17%
28
27
Mar
200
Jun
92
Feb
11% Mar
12 %
Nat Enameling & Stamping__.12.50
Natl
8 % Jan
94
'
121
48
30%
19.% May 16
Mar 28
44% Apr
9% Feb
Jun
18% July
*47%
i
27% May
9 per share
Aug
43%
Feb
Nov
hnre
July
26% May
Nov
20%
48
STOCKS
64
Dec
31
'
*47%
j
Lowest
.12% Jan
Feb
12%
""r
48
;
Range Since Jan. 1
Highest
9 per share
*47%
1,000
20
11% Apr
2
133/b Mar 30
93% Jan
49
*293/4
23'/a Mar 28
4
xl01% Jan
*47%
5,000
11 Jan
11
Feb
49%
8,500
913/4 Jan
3
13
*47%
8
8
9% Jan
May
49%
15 7
22
19
*47%
1,000
31%
19% Jan 21
104
37
153/4
733/4 Apr 22
21% Feb 28
Feb
*34%
30 3/8
Oct
Nov
37
15%
May
Nov
,
12%
100
*34%
31
25
9% Jan
12 3/o
36%
15%
19% Jan
2
10% Jan
*12%
*34%
30 %
Jan
12% Jan
19% Jan
123/4
37%
15%
6% Jan
81
May 18
21% Jan
4
9%
12 3/e
*35
31 %
1
Jan
123/4
36
4
common
preferred B
94
*12%
*34%
153/4
5% Mar 10
30% May
15% May
410
123/4
36%
X30%
Feb
Dec
Nov
400
16%
7»/4
Nov
2,000
109
313/4
Dec
10%,
42 %
42
109
*34
)'■ 12%
30%
preferred A
80% Nov
12%
*10%
42%
109%
42
109%
15%
6%
21
42%
109 %
12 3/4
10%
10%
10 3/a
42V4
109 %
31%
7%
15% Feb
103/8
42%
109%
16 %
3
25% July
12%
10%
42
109
3,700
313/4
9
25% Jan
10%
42%
110
1,800
11%
10%
15%
148% Mar
Nov
123/4
10%
*42%
*109
13%
11%
31%
177% Feb
16%
*10%
42%
1093/4
i23/4
18%
13 %
11%
31%
15%
4
% Mar
11
=>42
700
18%
14
15%
4
114%
11%
8
169% Jan
Nov
*133/8
11%
*12
Products
135
19% Nov
81% Mar
13%
11%
18%
No par
Dairy
Apr
20
18%
13%
11%
Department
33% Jan
16% Mar
18%
14
11%
Distillers
Jun
Jun
*18%
13 5/U
11%
National
147%
24%
18%
14%
11%
National
177
Feb
18%
14%
4
Nov
Dec
*18%
11%
8%
Register
130
A
18%
19
14%
12%
Corp
Oct
"15%
1,300
10%
Co
162
5%
2,200
19
National
14
Jan
17%
18 '/a
95
8
96% May
38
173/a
19
14% Feb 25
16% Jan
7
9% May 11
Jan
17%
19
16% May 16
193/s Mar 30
7
Oct
29%
17%
19
8%
Container
31% May
14
17% Feb
Dec
15
13% Feb
17%
19
_________100
Biscuit
National
17-%
19%
123/B
preferred
11
18%
19%
10%
City Lines Inc
Jan
17%
19%
8%
Cash
12
500
17%
12
National
8
11%
20%
10%
National
3
11%
20%
*8%
National
Jan
12
20%
18"%
1
73/4 Mar 11
2
12
20%
14%
*10%
11,000
3,200
12 %
20%
,10%
1093/4
53
12%
20 %
10%
1
97/a Jan
35
8
6% Mar
5% May 10
52%
12%
20
11%
Co__
Can
53%
12%
20
5
National Aviation Corp
National Battery Co
7%
53
12%
.1
National Automotive
National
53%
3,400
20
*19%
Fibres Inc
4
4
27
53%
100
12
17%
19%
25
7
Jan
11%
21
11% Jan
7% Mar 29
12%
12%
13% Apr
178
12
*20%
3
7
12%
:
19%
20
1
111
54%;
533/8
4,100
106
*109
12%
*24 %
3
5% Feb
54%
*105
12%
1
11
170% Mar 15
Jun
12
g
O3/* Feb
National
12
18
*19%
National Airlines
25
53%
12%
*17'/a
12%
100
Acme
11
9% May
48
*12
19%
Chatt & St Louis
National
21
May 18
12%
54
1
Nashville
Jan
9 % Apr
Jan
12
/53%
106%
111
'
23% Apr
37
12
No par
300
50%
50%
51
106%
*108
Corp
3
35
50 %
51%
*104
110
5
Jan
293/4 May 16
30% Jan
3
51%
108
100
10% Jan
July
1,000
*106
common
Jan
28
23
23
*108
Inc
5
13
800
22 %
23
1
(G C)
preferred
Nash-Kelvinator
7
10
111
No par
19
,
32% Oct
175% Jun
Oct
15% Jan
29
11,500
27
*9%
110
No par
N
14% Mar
20
21%
27
9%
*108
Murray Corp of America com
10
4% preferred
50
Myers (F E) & Bros___.__j._No par
13
21 '/a
27%
9%
23%
*23
52 %
52
22%
27 %
*106
0
Murphy Co.
4%%
52%
*9%
111
Co
Munsingwear
112% Mar 17
May 17
24 %
'
3,500
110
Mfg Corp_
14%
112
24%
24%
6,100
4%
9%
*27
v'.i 9%
8%
43/8
21%
27%
21%
!
27%
*93/4
1,300
8 3/a
4%
1
24
Jan
51%
22%
*27
10
47
45%
8%
*106
Co
Corp
Dec
Feb
213/4
27%
*46
for
Shares
share
43/8
4%
22%,;
*108
Corp
Dec
12%
52
23
S per
8%
9
v..
No par
Co_
Nov
Jan
513/4
22%
*27
45%
47%
46
47
Sales
the Week
May 2i)
May JO
S per share
No par
3
Jan
Dec
33%
107%
,
9%
Lines
&
15%
.•
%
43/a
Inc
10
\
9
4%
com
Utilities
Moore-McCormack
6
47
9%
43/a
No par
Tool
Montana-Dakota
7
47%
9
20
Montgomery Ward & Co
20
47
9 ;
4%
Friday
Thursday
t per share
share
4%
1.25
pfd series B
conv
48
$ per
May 18
8%
A____
$3.25 conv pfd series A
■$1
48'
<
$ per share
PRICES
Wednesday
Tuesday
May 17
5
Inc
Chemical
13%
•
__10
HIGH SALE
AND
3Ionday
May 16
No par
Mills
Co
20%
25
I
com__
series
Carpet
Hosiery
Monarch
12% May 16
593/8 Mar 29
23
RR
preferred
Mohawk
13
20% Jan
Corp
Development Co
19
Feb
Saturday
i 9 per share
1949
Monday, May 23,
RECORD
May 14
_
Mojud
111% Mar 29
3
Dec
20
111% Jan
4
May
17 3/4 May
Jan
ll7/8 Jan
11
65
1%
24% May 16
553/a Mar 30
Feb
Jan
Mo-Kan-Texas
4
Feb
Nov
Mission
7
4
107
10
11%
Mission
5
Jan
453/4 Jan
103
'20
6
May
21% Jan
Apr
47% Mar
CHRONICLE
LOW
STOCK
Par
6
35
May
YORK
9 3/4
25
112%
Dec
STOCK
EXCHANGE
25% Apr 26
93/4 Apr 30
29% July
61% May
99 y* Dec
105% Mar
NEW
54% Jan
2
25
153/4 Feb
Jan
Jun
1
Dec
45 %
/
July
44
15%
22%
YORK
$ per share
11
4% Feb
Jan. 1
Highest
73/4 Mar
'
-
Range Since
Lowest
Highest
9 per share
FINANCIAL
STOCKS
Year 1948
Loweot
&
'
8%
■
12%
8 %
68
*36% ':'; 37
*12
8%
2,300
.12%
500
'
300
8%
*65
68
*36%
37
'
<
Volume
169
Number 4805
THE
COMMERCIAL
YORK
NEW
Range for Previous
•
$ per share
t per share
15% Mar
217/a
Jun
29%
36"%
Jan
47% Mar
29 Vb
89
Dec
130
Nov
147
39 Va
Nov
4
8%
Nov
21%
Feb
34
Feb
21
Pacific
Mills
Feb
7
Jan
5
Feb
49% Jan
5
59% Apr
14
97% Mar 12
102% Jan
27
8% Apr
16
Jun
6% Feb
24
16% Apr
16
102% Feb
Dec
30%
10
16%
8
25
Feb
49%
15%
26% Jan
21%
27
Dec
34 % May
Oct
Dec
16%
3 5%
112
7
18
Jan
4
19% Jan
Dec
28 "*
86%
9%
22
22% May
May 13
7
111
4
20
15
Mar 22
7
17%
Feb
Dec
7
Jan
3
41
May
3
39 Vb
Apr 22
59
65
Dec
Dec
July
May
104% May
24% Jun
Nov
x48% Mar 30
105 % May 16
12% Jan
7
54% Mar 18
99
24
May 17
Sep
23% Jan
4
115%
Jun
110% Apr
6
26% May 16
112 % May 10
7
101
Jan
103%
Jun
98
Sep
111
Jun
105
14
Jan
21%
Nov
28
Jan
45 %
July
,81
Sep
91
July
Jan
Apr
8
11% May 19
25% May
83
2
Apr
3
25% Mar
39%
Dec
37% Jan
4
87
97%
Jun
93% Jan
3
Jan
82%
Nov
88%
Oct
88
Jan
6
11
Dec
13%
Sep
10% Feb
10
Part Sc Tlllord Inc
Park Utah
Rust
Parmelee
Patlno
Sc
prior
conv
Coal
Penn-DijMe
Cement
5%
90
Feb
11
64
10
Dec
Apr
19
14% May
28
11
Mar 30
9
Feb
Lowest
•
Dec
34%
Jan
26% Feb
28
32% Jan
24
103%
Jan
100% Jan
5
105% Apr
Jun
113
26
157
Feb
30
Jan
3
14% Mar 14
81
Jan
3
85
Feb
Feb
169
Dec
Mar 16
Jan
170
Dec
135
73%
Feb
96
Oct
78
70%
Dec
82% May
15
Feb
26%
Oct
161
July
46% July
65
Apr
7
May 18
ft May 16
15% Mar 22
139
Jan
19% Mar
24
11
16% May
14% July
3
Feb
Pressed
4%%
66% Jan
18
Dec
26
22
Feb
2
11%
12
25%
24%
42%
42%
42%
42%
42%"
41%
51%
5.1%
51%
51%
51'%
96 Vb ;
96 Vb
96%
96%
97
23%
23%
23%
23%
23%
*24%
25%
24%
26
111%
111%
%
July
25% May
37
25 % Feb
26 % Mar
17
Apr 30
32 % Apr
4
108% Jan
Jan
26
29% May
Apr 26
20% Jan
9
14
51%
51 %
51%
5174
97
97
97
97
23%
23%
23%
23 Va
10,200
25
25%
*25 Va
25%
1,100
*107 Va
,
*25
112
*111%
112%
112%
112%
100%
*100%
101 %
100
10074
108
*107%
108
108
108
108
130
99 Va
99%
13
12%
13%
12%
12%
12%
12%
11%
12%
1274
28%
28 %
28
29
28%
28%
28%
28%
28
2874
27 Va
28 Va
*82%
83%
*82%
83%
*82%
*82%
83%
*82%
42%
42%
41%
*
42
*82%
83%
*90
91%
91%
*90
*90
%
42
12 %
12%
*12%
13%
12%
41%
4174
98
95 %
95
*90
91
*90
91
91
91
20
12%
*11%
12%
*11%
12%
*11%
12
200
89 %
*87%
89%
*8774
39%
*8774
897a
53%
59 Va
58%
58%
9%
9%
*8%
11
'
*87%
89%
59%
6074
59 Vb
59%
58%
59 "2
*9%
11
*9%
11
*9%
10
28%
*28
27
V
HIGH BALE
Tuesday
27%
27 %
*27%
*102%
103%
*102%
103 %
*81%
84
*81%
*80%
Friday
Sales for
tho Waok
S per share
27%
12%
84
*80%
*103
103%
110
'100%
12%
12%
84
28%
28%
28%
28
28 %
28%
28%
28
28 %
13%
*13%
13%
13%
13%
*13 VB
13%
13
13%
*12%
*160%
165
161%
32
31%
7%
7%
11 %
11%
155
155
*155
*144
161
161%
149
'ft 161
149
*J 44
149
*160%
164
*161
165
*161,.
165
31%
31%
31%
7%
7%
7%
7%
11%
900
*144
31%
11 Vb
3,400
13
149
77/a
11%
28
*144
31%
•
900
84
*2774
13%
10
12%
*80 %
28%
149
1,800
110
1
*144
Shares
27%
103
*100%
1274
27%
*
103
.—1
148
7,900
100
27%
110
*144
ft
May 20
May 1!)
103%
*12%
84
200
11
X per share
27%
103%
*81%
57%
*8%
Thursday
May 18
t per share
*102%
84
5774
*
6,200
74
PRICES
Wednesday
May 17
t per share
28
4
427a
*95%
*87%
May 16
83 7
7,600
97
89%
Monday
ft'
42%
.ft-ft
*95
*87%
$ per share
83%
320
II,900
91%
par
t per share
Vb
108
*107'/a
98
*102%
*10%
31
31%
7%
11%
10%
170
*155
170
170
175
*78%
79%
78%
79
79
79
78
79
*77%
*65
66 %
65
65
*65
66
*65
66
65 Va
*17
17%
*160
31 Va
4,700
774
10%
190
60
30%
774'
7%
2,300
1174
3,800
*1074
*160
190
30
79
*77%
78
160
65 %
'65
66
20
*16%
17%
*16%
17%
17%
17%
*16%
17%
*1674
17%
100
*139%
143%
*139%
143 %
*133%
143%
*13774
143 Va
*137%
143%
*137%
143 7a
1
23%
23%
22%
22 34
22%
22%
*22%
2374
2174
21%
10%
*10%
10%
*10%
*10%
46%
47
46%
47
10%
45%
46%
11%
13%
13%
6%
6%
preferred series A—50
Power
800
1274
*95
100
570
300
13
11%
*35
*35
37
"37
10%
10%
4474
22
45
22
*10%
43%
11
*10%
44%
100
1,100
10%
100
43 Va
42%
6,900
36%
*35
36%
1174
1174
*11
11%
11 Vb
1174
13 74
1374
13
13%
12%
13
*35
6
6 74
574
*35
6
37
800
33,600
5%
5%
4,300
Inc
*22%
22%
*22%
22%
*22 %
22%
22%
22 %
22%
22%
22'/a
22 7a
No par
Industries
*64%
64%
64%
647 a
64%
64 %
64%
647a
6474
64%
6474
65
5
3,600
*17%
17%
17
17
15%
16%
16
16%
36
16
1574
1574
*90~
91
3,600
com
preferred
Co
of
No par
•
*90
300
91
90 Va
90%
90%
9074
90 %
90%
42%
42%
42%
42%
42%
427'8
4274
4374
42%
4274
42%
43
No par
22%
227 s
22%
23%
22%
22%
2274
22%
22%
22%
22%
2274
com—No par
*28%
28%
28
28 %
27%
28%
2774
2774
277'a
28
277a
35%
34%
36
3374
3474
3374
34
3374
27%
3374
5,400
x35%
29%
30 vb
29%
30%
2974
2974
28%
297'a
2874
2874
10,800
*10874
108%
108%
103'/a
28%
2874
Colorado—20
Gas com
Inc
(The)
:
s
108
97-
100
5,100
24
*100%
dlv preference
Oil
5%
24%
24%
97%
1007 s
6%
Pure
13,400
112
11%
Pullman
2,400
40 74
101%
13%
21
43%
X4074
108
6 %
28% Feb
; 4374
41%
112
13%
26
44
41%
107%
11%
Service
24%
43%
108
Saturday
B
40
2474
-
13
com
100
800
ft'
24%
25%
6 %
Pub Serv El 3c
30 Vb Feb
25
52
21,600
23 %
ft
24
13%
Public
*51%
*97
51%
97%
"
6%
13
107
42
13%
43 % May 18
Sep
43%
1
23% Apr
Jan
25%
43%
41%
10
3
May
-
25
43%
'
com
14
•
42 %
247 s
Co—
Jan
42
11%
11%
11%
Jan
53
1174
11%
*11%
85
$1.40
11%
11%
No par
38
Jan
1174
11%
37
20 Vb Jan
30% May
10574
110
Electric
cum
*104%
*12%
class B
conv
$4.75
10574
*100%
Procter & Gamble
90% Mar 17
*104%
*104%
*35
Apr
39% July
Jun
10
23%
105%
80
10%
13
Steel Car Co Inc
Publicker
*s%
10%
*23%
42
1
Potomac
974
23%
24%
5
6
500
1074
42
5
24
Mar 22
105
*774
110
class
300
*104
105
23%
104%
*100%
36
1074
104%
24%
300
35
36%
ft'ft
23%
97
Pond Creek Pocahontas
Co
104%
14,500
3674
107
10
105'%
112
;
7,200
15%
*36
10%
42%
*107%
15 Va
ft£
*106
*8%
10%
%
*100% ■101%
1574
36 Va
107
*23%
97
25
35%
19%
9%
42%
,,
*35
107%
23%
42
•
15%
36%
*106
100
*106%
20
10%
24%
,
15%
36%
600
7,200
28
19 Va
•
4,300
22%
22 Va
*26
10774
19%
105
105
2274
200
.
A
9
*874
28
*106%
107
35%
105%
41%
1
47%
20
12
*11%
47
9
*8%
100-
(The)
24%
33
105
477a
500
■ft'
I,400
10%
42 Vb
Plymouth Oil Co
24
15% May 17
108%
- 105%
30
7
*674
*23%
.
10%
23% *
*95
Plough Inc
Jan
57% Feb
x25
Apr
8% Jan
28% May
Feb
^*104
*35%
*106
36%
*105
: v9%v
10%
*23%
15 %
,
36%
106
*35%
36
105
*9
10%
24
*11%
14% Jan
35% May
71% Jan
Nov
10
10%
No par
28
11% May
Nov
Feb
*3%
105
15%
36%
106
107%
preferred—No par
preferred
21
Jan
Nov
101%
35%
105%
*23%
100
100
preferred class A„
100
5%% 1st ser conv prior pfd—100
12% Apr 21
5% Mar 23
23
5%
x25%
36
*104
Pittsburgh Steel Co
Poor &
10% Feb
12%
94
10% Apr 19
50% Apr 18
39
15%
15%
36
105
7%
5
12% Mar 30
22%
Dec
15%
36
105
1674
30
22%
*12%
Pitts ton Co
8% Feb
.
50
15%
36 Vi
104%
1674
30%
*26
*100%
1
32
Dec
19%
104%
*35%
17
*874
13
4
36% Feb
Jan
*106%
19%
*35 %
7
*16%
17%
110
Feb
12% July
32%
107%
19%
400
*674
*12%
Apr
46
100
4,200
*100%
29
70% May
674
12 Va
100
147
Feb
6%
12 Va
com—No par
4
Jan
20
*106%
900
6%
26
19%
5%
21% Jan 24
24%
5,500
12%
22%
107%
*31%
71% Jan 27
2474
i::
S%
22%
19%
10
7 %
25
■
12%
26
*106%
No par
24
174
2874
7
26%
*26
19 %
Pittsburgh Plate Glass Co
Pittsburgh Screw 3c Bolt
Jan
174
28%
1274
23 %
107%
Pitts Ft Wayne 3c Chic Ry com„ 100
7%
gtd preferred
10o
May 18
22%
400
1%
28%
*24%
9
9
9%
19%
15 Vb
No par
10
29%
Mar
88
*9
15,000
■ i
7
7
*106%
Pittsburgh & West Virginia
Pittsburgh Young Sc Ash pfd
33
Jun
175
7 74
12 74
par
RR
Chem Co
21
30
7
17%
26 %
common
35% Jan
Jun
170
7
ft 32%
*26
May 14
26
159% Mar 15
*674
1274
21%
174
174
No par
convertible
$5
v
7
7
7 7a
7 7a
7
26%
preferred
Pitts Coke &
25
12 %
23%
STOCK
Jan
July
8% Jan
25
YORK
Pillsbury Mills Inc
$4
*24%
25%
21%
28%
29
LOW AND
28
26
15% Jan
Feb
.
1%
2874
5
144% Feb
Jan
14
Feb
13
23
Pitts Consolidation Coal Co
28
Mar
7
12%
23%
Pittsburgh Forgings Co
7% Feb
81
*6%
23%
Hosiery
7
10% Apr
18
7
2
29
28%
ft
*25
100
7
Jun
62 %
25
No par
Jan
Jan
Dec
24%
*174
29
47
No
16% Jan
May 19
10
11%
2
28%
25
100
32
v
20
9% May
2
2
28%
47%
-
13
Feb
Dec
41
4674
preferred
common
26% Mar 14
39%
Jan
*40
4674
No par
Co
142
Nov
26%
41
21%
4674
1
Jun
7%
145
*38
9%
Par
2
10%
1*40
41
477a
25
Apr
23%
155
*39
9%
Inc
Pitts C C & St Louis
11
July
36% July
Dec
:
Sep
Jun
93
Mar
12%
138
41
47%
No par
Co
Phillips Jones Corp com
5%
preferred
Phillips
Petroleum
4
Dec
*39
6%
EXCHANGE
Apr
80 %
41
9%
series preferred—
NEW
98%
15%
*39
'/t
21
46%
S per share
30
Dec
*19%
46%
5
104
21
*9%
100
*103
21%
*19%
30%
v
700
21
30
100
33Y3c
5,200
22
»/4
2974
preferred
Phoenix
104%
7%
17%
21%
13%
*26
110
7%
17%
*19 74
22
*1674
No par
100
21
22
17 74
Reading Coal 3c Iron
1
Corp common
r
3
3%% preferred series A__
100
Philip Morris 3c Co Ltd common—5
3.60%
*103
104 %
7%
18
29 %
<fe
4%
*103
7%
*99
*1974
6%
$1 conv preference com—No par
4.4% preferred
:
-100
Highest
t per share
99%
17%
Ry Co
Sc Co
Electric
Range Since Jan. 1
Highest
$ per share
99%
22%
STOCKS
Year 1948
Lowest
99%
100
Brewing
Range for Previous
Sper share
99%
29%
No
$6 preferred
91% Mar 30
4
6%
com—No par
Co common
(Chas)
Phlla
9
51% Feb
1,300
100
17%
preferred
Fetroleum Corp of America
Phila
87% May 11
Jun
56%
2974
Philco
92% Aug
56%
28%
4%%
Pfizer
104 74
7
Light Co
& Eastern
Peoria
7
77%
56%
20 7a
13%
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—10
ft' 3 % % conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light 3c Coke
100
7
Jan
%
*17 ft
preferred
Penn Power 3c
19% Jan
54%
56
17%
Co
Gla.'S Sand Corp
40% Jan
May 14
57 74
29
preferred
12 %
400
*56%
22%
10
preferred-.—
8
14,700
""57
*16%
Corp
4.3%
Apr
18,500
9%
13%
*19%
No par
Coke
&
3.8%
88% Feb
374
9%
*1274
*28%
preferred
Ford
&
*103
2%
9%
5
5
25
Penney (J C) Co
Penn
*24%
common
5
43% Mar 28
3%
No par
Peabody Coal Co
5%
1%
28%
2.50
Enterprises
2,400
13 %
'20%
40
No par
Transportation____No par
Mines
V
9%
22%
40
1
Co
Proof
31
Jan
10%
Mines
100
104 %
22
*19%
1
Consolidated
Parke Davis Sc Co
Parker
*103
1
—1
Jan
87%
110
100
Inc
108% Jan
100
3%
*103
preferred
Pictures
issued
36%
13 %
974
104%
convertible
When
Mar 12
3
374
IB
4%
36 %
:
190
14
974
7%
pfelffer
90% Mar 24
37
.
*137<a
.
1774
Phelps-Dodge Corp
Philadelphia Co 6%
20% Jan
374
3%
774
25% May 17
51% Jan 19
21
374
17%
53 % Jan
25%
Jan
91
10% Feb
17
Feb
93
5
20% May
64% July
Dec
20%
Jun
Jan
3%
7%
Pet Milk
102
3%
18%
Pepsi-Cola Co
May
3%
10
7%
Apr
104
91
37
*1774
Apr 11
19
3774
77'a
12
12
37 %
187a
24
11% Jan
3774
7%
3
21
37%
*17%
28
Jan
3874
7%
Mar 11
30%
1,800
18%
8% Jan
20% May
24% Jan
3%
7%
8% Feb
Nov
5
3%
*17%
108
,
3%
Panhandle Prod & Refining
1
Paraffine Cos Inc com
—No par
9
Apr
3%
ft
100
96% Feb
May 16
150
3%
3%
99
Oct
7
3%
600
V
90 %
140%
3'/a
99
Paramount
A.'"-'
29%
90%
140 Va
3%
57
&
2974
140'/a
3%
38
*90%
*139%
'
No par
Corp
Airways
91
14074
3%
38%
2974
29%
2974
9074
*139%
57 Va
99
Feb
19
Feb
91%
140
56%
36
Jan
29%
30%
91%
139%
57%
3
37
110
3%
*30
91%
140
*99
Jan
10
Mar 28
01%
*139
*57%
29
32% Feb
38
30%
*29%
91
140
*3%
10
Car
30 %
90%
100
Jan
40%
103%
1,500
preferred
45%
Dec
48%
104
15,700
51%
Panhandle East Pipe L com__No par
104
Feb
22
700
32%
5174
9%
Apr
Oct
44%
20 Va
32
52%
,13%
Apr
Dec
14%
20%
32%
52
974
1
17% Jan
20%
32
52
13%
48
9%
'■
Mar
May 18
20%
32 74
52
10 Va
Penn
17% Jan
20%
32
52%
13 7a
10% Feb
106% May
20%
3274
52 Va
97/8
Penick
23% May 14
28% Jan 21
2074
32%
53
13%
120
98%
1
•
5
20%
32%
14%
30% Apr
8
47% Mar 28
3
20%
52%
9%
Dec
7% Nov
*
3
Mar 25
20%
32%
*13%
4%
for
Shares
53%
Corp
Petrol
tho Week
share
20%
2%
10
8
Motor
American
Feb
103
.
Jan
22
7% Jan
17% Feb
20% July
May 12
14% Jan
31
26
28
20
42% Jan
Nov
Feb
2% Feb
May 18
27% Jan
8
42 % Mar 30
Oil
Bale*
S per
32%
Transp—5
4
May
29 Vb
6% Apr
Jan
15%
3
Packard
7
24% Feb
20 %
3
12 Vb
Jun
Dec
104% Jan
2
3
18
6% May 2
16% May 20
9%
7
23% Mar
Jan
5
Jan
24 % Jan
Jan
1% Feb
Jun
38%
20
40
May
9
8
19% Mar
Jun
6% Mar
16%
Western
Pan
Nov
109%
Pacific
Friday
May 21)
May 1!)
$ per share
X per share
32%
*30
Pan-American
Jun
37
10
S per share
*52%
*139
5
24 V2
Dec
43% Jan
Pacific Tin
share
Thursday
May 18
*20%
& Teleg common—100
A.100
Consolidated Corp
1
3
23%
27
8
PRICE*
Wednesday
May 17
29
preferred
Jan
61
Feb
4% Jan
6%
21
No par
Corp
Pacific Telep
1
4% Jan
26% May
Mar
Apr
16
May
3% May
33% Jan
2
25
96% Mar 28
143
10
HIGH BALE
AND
Tuesday
May 16
t per share
No par
10% Apr
8
19% Apr
34%
7
May
28
105
18'A
3
3% Feb
Oct
11%
Jan
32% Feb
May
Jan
Lighting
3
66
Dec
Pacific
8
100
18%
6
14
11
Feb
97
Pacific Finance Corp of Calif
Pacific Gas & Electric
Jan
Apr
33% Feb
Jan
Oct
Feb
3
54
3
12% Feb
46
6%
21
Par
Jun
92
May i t
$ per share
14
24
3 Vb May
Apr
11% May
13% Mar
Monday
LOW
89
62% May
5% May
Dec
Saturday
(2225)
RECORD
;
Feb
29
Mar
6%
Feb
50 %
% July
104 % Jun
Dec
CHRONICLE
STOCK
STOCK
YORK
EXCHANGE
135
44
Dec
$ per share
18
NEW
Highest
30% Jan
55% July
3%
Range Since Jan. 1
Lowest
Highest
Nov
FINANCIAL
STOCKS
Year 1948
Lowest
&
No par
36
30
30%
100
*108
No par
preferred
Purity Bakeries Corp
35%
No par
common
28
conv
Quaker State Oil Refining Corp_10
-
109
28%
*11V*
18
*108
28%
*17%
109
*108
28%
109
28%
13
*17-
2874
29
13
28%
17%
17:
*1774
*90
91
*103
8,900
109
2374
13
170
4,000
18,900
100
2874
*1774
1,400
18
100
R
7%
Feb
15
Jun
11
Feb
24
63%
Feb
14% Jan
7
69
May 16
74% Jan
22
6%
Oct
75% May
1174 May
7% Jan ! 3
Nov
98 Va
4
Jun
92% Jan
4
9% Apr
95% Jan
25%
Dec
24
34%
Jun
26
19
22%
Feb
x36
July
31
Jan
35
May
16%
89
Feb
27% July
36%
Feb
45
Apr
31
Feb
39
Jun
Dec
15y8 May
10
-
101
1
Jan
106
Nov
Dec
18
May
3
29
30% Feb
Rayonler Inc
4
19% May 10
34% Feb
23% Jan
Reading
x37% Feb
31 %
43
May 20
36
Jan
Jan
3
7
May 10
11% Jan
14
13% Apr
16
19
Dec
14%
Dec
25 % May
18% Jan
8%
Dec
13% May
Dec
66
6% May 11
50% Mar 21
52
Jan
8%
Dec
Aug
15% May
78%
Dec
99
110%
Dec
674
Feb
1
2974
Aug
Jan
5% Mar
8% Apr
4
4
May 10
13% Feb
18
8% Jan
27
22
74% May 13
7% Apr 29
6
2 74 Dec
1374 May
5% May
2% Jan
3
5%
11% May
5% Jan
4
NOV
For
footnotes
see
page
24.
May 14
22
Apr
2
9% Jan
24
54% Feb
10
non-cum
2nd
1%
110ft May 18
7
*95
*25%
24 %
11%
69%
8%
8%
*93%
,95%
*9374
95%
*93%
27
26%
■I26%
*26
27
*26 Va
24 Vb
24%
24
24%
30%
30%
39%
30%
95
*26
27
11%
6974
8%
237/a
95
24%
1174
69%
2378
ft
11%
1174
69
69%
900
3
8%
14,200
27,800
'
95 Va
40
27
2374
100
23%
1,500
31
20%
20%
20%
20
20
20
*1974
20
20
20
*38%
40%
40
40
*39
41
*39
41
*39
41
*39
41
100
*30%
31%
*30%
31%
*31
3174
*31
3174
*31
3174
31 Va
3174
100
12
*11
12 %
*11
ft
12
*11%
11%
*10%
11%
*1074
12
100
ft
*110ft 110%
*110 ft
112
5
31
•
12
*30%
31
*30%
31
■
19%
100
*110ft
111
*110 A
111
*110
111
110
No par
Inc
*18%
19
*18%
19
19
19
*19
12 %
12%
12%
,_50c
12
12%
12
1*6
12%
no A
19%
19
19
12%
12%
30%
12%.
30%
*1374
600
600
10
19
1274
ft
300
12%
'2,000
"
div
Conv
$4.50
*5%
Stores
pfd 3%%
Remington-Rand
series
*19%
*7
100
common
50c
*52%
8%
25
8
Reo
8% Jan
7
3% Apr
9% May
6
Republic Aviation Corp
Republic Pictures common
Motors
Inc
convertible
6
*574
*5%
6
6
*574
6
19%
*19 74
19%
19 74
19 74
1974
7%
774
774
7%
7 74
*774
5374
*52 74
53%
*5274
53%
53 %
8%
,
1
preferred
*73%
76
774
7%
53 Va
.
5%
*19 74
7
*52%
'
5
74
20
V3
7
100
200
1,600
53%
8%
8%
8%
8%
8"4
874
8%
76
*7374
76%
*7474
767a
*73%
7674
*74%
*7%
774
774
7%
774
77a
774
7%
1,500
6
6%
6
6 74
7,700
374
374
37a
3%
5,700
8%
8%
8%
874
1,200
8%
8%
7%
7%
7%
8
6
6%
6
61
6
6 74
6
6Va
3%
3%
3%
3%
374
3%
3 74
3 74
10
*3%
*8%
8%
8%
8%
*87a
8%
9
20%
*7374
50c
1
6
*19 74
*5274
7%
*5274
*5%
19%
-
preferred
12% Jan
$1
*26
24%
95 %
11%
69%
8%
8%
*20
prior preference
10
Corp_
_No par
Reliance Mfg Co common.
5
,
26%
*24
"
2
*95
8%
(Robt) & Co—
$1.25
3
95 %
12 VB
69%
117 a
*69
8%
50
com.—
preferred
Reliable
3
Jan
83% Feb
Hosiery Mills
Bros
12%
69%
8%
50
oreferred
Reed Roller Bit Co
Reeves
12
69
8%
50
1st preferred
Silk
12%
697 a
8%
25
common
non-cum
4%
Real
Co
12
69%
1
common
preferred
4%
Rels
8
i
$2
Jan
10% Jan
105
Jan
15
17%
,
Corp of America com—No par
$3.50 1st preferred
No par
Radio-Keith-Orpheum Corp..
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
3
22% May
29 % May
19
I
H
Jan
Radio
a
/
874
7,500
77
THE
(2226)
22
COMMERCIAL
NEW
Range Since Jan. 1
Year 1948
per
223/a
Lowest
Highest
$ per
:$ per share
share
33%
Feb
Jan
,415
Dec
3
$ per share
share
27.% Jan
*93 Vi
16% Jan
12
Revere Copper & Brass com__No par
13%
92% May 19
•
99% Jan
5
■'
4% Mar 23
May
5% Apr
Reynolds Metals Co
5% Feb
7
Dec
41%
Jan
34% Jan
3
37.
ijan
25
Dec
50
Jan
42% Mar
7
45
Jan
5
Oct
94
Jun
85% Jan
3
91% May 16
80 "
Jan
99
11% May
103% Dec
102% Jan
16% Apr
107
4
24% May
14
3
Jan
49
Jun
24% Jan
117'A'. Dec
28
Jun
7% May
4%
Sep
6%
Feb
12
.19%
Feb
29% July
!
38.% May
21
1
13%
*92%
93
>
102 %
102
share
Shares
20
21Va
/20 Va20 Va
16.200
94
94
*93%
95
200
12%
12%
*12%
13
1,200
92%
92%
*92
94
,
*5 Va
5%
5Va
5%
5 Vb
22%
227 b
22 Vi
22'/i
102%
102 Va
102%
*102
5%
*5%
35%
—10
*43 Vi
44*
-100
*91%
*5%
92%
36
3 6'/a
5
22
*102
103
102
57
a
*5%
36%
36 %
-.44
*43 Vi
44
*90%
92
*90%
92%
37
2.6Q0
260
57k
100
365/8
367 a
10.100
-
40
44
44
44
*43 Vi
5 Va
*5Va
57 b
*5 Va
36%
*43%
170
10,500
22
5%
36
44
*43%
5 Va
22 Va
102
102 Vi
102
■.
:s
■
36%
5%
57 k
35%
1
%
22 Va
5%
22%
$ per
$ per share
93
*92%
22 Va
5'/a
■22
'the Week
13%
13 Va
%
13
93 Va
93
10
;
41
21
Jan
4
21
16% Apr
20
25
Dec
Sep
Feb
100
___1
Richfield
Oil
Corp.
91 %
"91%
105%
17'
17 Va
17 Va
17
17
3b %
36;!'i
36
36%
35 Vi
36
16 Va
16%
16%
16%
16%
16%
4%
4%
4%-
-4 Va
8%
8%
8%
87k
.
No par
105%
105 7/a
106
.
17 Va
34 Vi
105%
17
35%
10%
91%
91%
105%
*16%
1057 k
105%
•
No par
-
Roan Antelope Copper
Robertshaw-Fulton
3
4%%
4%
com__1
25
7
common
preferred' series A
Ronson Art Metal
..
16 Vi
105
105
400
350
300
17
*1674
17
*16 '/a
91 Vi
105%
91 Vi
:
105 Va
36,800
351/4
33%
34%
16%
33%
*16
16 Va
16 Va
500
=,: >
Royal Typewriter
Ruberold Co
3
12% Mar 12
Jan
16% Jan
3
23% May
.Jun
109% Apr
27
1137a Feb
16
% May 11
48 % Jan
3
*23
*37 Va
38
*97 Vi
2
25 %
4
4%
4%
"4%
4%
'4%
4%
3,700
8%
23%
38
A%
-
■
9
8%
8%
8%
8%
8%
83i
2,300
23
*22 Vi
23%
38
*37%
38
*37%
38
37%
37%
*98
98 Va
*98
98 Vi
98
98
23
98
98
25%
25%
2574
98%
98%
—
Ruppert
■
__
*16%
-
44
'
13
12%
17
*16%
16%
*16%
44 Vi
44 Vi
44 Vi
44
44
10
10
10
10'/a
*9%
10 Vi
9%
17
44
700
44
*16%
17
16%
44%
1,900
12%
12%
127k
16%
9 Vi
90
1,800
44%
'
100
.
'
—
12%
13
.100
23 Vi
*22
23%
167b
Va
9
9
5
"
44Vi
17
*43%
1
(Jacob)
12%
'■
No par
(The)
*23
'
*37%
98
Vi
'
3
8 Va Jan
24
*37%
1
8
Jan
*23
20
100
..
Wks Inc
New
May 17
'
Mines-
Controls
preferred
conv
Rohm & Haas Co
20
1878 Feb
557/4 Jan
18%
Dec
series
4.50%
Ritter Company
98% May 17
27% Anr 12
39% Apr
May
Preferred
series
7
Apr
13
<
3.60%
5
,
257/8 Jan
3
72
Dec
107%
13%
'
*94
94
for
rSaIe»
95
20%
21%
May 29
19
21 Va
S per share
share
•94
Friday
Thursday
V May
May 18
"
27% May
Mar
16%
_100
'
Co—:
Rheem Manufacturing Co
5
5% Jan
12% May 17
8%
5
Tob class B
(R J)
Preferred
12
Jan
Feb
96% Apr
;
>94
13%
>94
22
convertible preferred
Common
1
13
10 % Jan
22
24% Nov
15% Mar
17
2.50
Reynolds Spring
Reynolds
Mar 25.
8% Mar 25
July
36% May
•;54
5%%
6
19%, Jan
16%' May 14
4% Mar 4
,15'/a
3
6% Jan
13%
94
—No par
com
1949
PRICES
Wednesday
'
Dec
17
Jan
103% Feb
.Feb 25
Dec
103%
23
8
100
Rexall Drug Inc
104%
19% Feb
preferred—.
18
Mar
Dec
Apr
*93 Va
21
217k
21%
21%
94
'
5%%
26
29%
21%
$ per
$ per share
$ per share
Par
/'
Republic Steel Corp com
No par
6% conv prior pfd series A
100
Dec
1,43
May 17
SALE
v-
7
Nov
33.Va
Tuesday
May 16
31
110
May 12
4%
6%
Monday
May 14
STOCK
EXCHANGE
19%
.!92
Saturday
Monday, May 23,
RECORD
12% May 13
102 % Oct
,
STOCK
Jan
93
,111'/a July
21% May
?82% Feb
NEW YORK
Highest
20% May 20
Oct
103
YORK
CHRONICLE
STOCKS
Bange for Prevloui
Lowest
FINANCIAL
&
,
1,000
9%
1,100
22%
9%
15,200
S
hi
s-
39 %
21%
113
61%
Jun
35
U 8%
Feb
32%
Feb
-48% May
36% Mar 22
67
Jan
139% May
98
Apr
7
'■■!A 58
Jan
101
Jun
87
Feb
16
-8
Feb
l13% May
7
>79
Feb
•■91% May
15% Aug
:
»
8%
16% July
Feb
Feb
8
24
May
25% Mar
35% May
39% Mar
51
-May
46% Jan
95
Jan
92
87% Nov
93%
Apr
82
12
Dec
15%
Jun
79
Oct
87
Apr
Apr
St
Savage
12
Jan
14
Jan
5
86
Feb
v
t
37%
4.40%
102
100
*88
•*
7!%
series A
„100
C.orp___—
Arms
5
10 %
1.75
Co common
25%
No par
-
No par
7
Elec
3.35%
95 %
847a
*83 Vi
84
1314
13%
13%
" *84%-
13V8"
44
Feb
62%
Jun
49% Mar
15% Feb
*
Feb
20%
Jun
16% Jan
4
19% Mar 18
36
7
47% May 5
81% Apr 18
397/s Jan
8
Feb
35%
-i
5
14% Feb
26% July
59% May
8% Oct
Mar
31%
Feb
43 %
9%
Dec
Dec
5% Jan
8% May
14% Jun
9% Dec
94
Feb
Nov
104
18% Jan
55
4
% Feb
5
8
May 20
7% May 13
83
Jan
'24% Nov
36%
Jun
30
Feb
46%
Oct
Feb
27%
Jun
22% Jan
'68
Feb
79
-•9
Dec
Mar
28%
14
Feb
4"%
Dec
Dec
-46%
5
*7%
37%
10 Vs
Seiberling Rubber Co_
1
5%
Servel Inc
1
7%
7
5
$4.50
31% May
5
7
Sharon
29% Mar 31
4
common
Shamrock
37% Jan
Oil
83
May 18
$3.50
10
.Mar 11
Shattuck
14% Feb
10
5
39 % Jan
21
Shell Union
Jan
3
5
6
Apr
(W
Sheraton
.5
A)
M
Range Since Jan. 1
Lowest
Highest
NEW
•-
-
3%
Dec
25
34
-
Dec
7% May
Dec
15
86
44
*
•
Feb
Jan
4% Jan
32% Jun
Silver King
7
Simmons
36'% Jan
1
83%
*83
13%
24
19% Feb 11
5
52
7% Jan
*May
8% Oct
Jun
13
45% Aug
60
11% NOV
40
53% Mar
Oct
16% Jan
Mar
1
4% Apr
46
5
May 12
58 % May
3
11% Feb
16
8% May
-
147
24
5
Apr
39% Jan
26
Feb
18
a
,
South
Carolina
E
100
&
Co
G
com_4.50
5%
preferred
:
5%%• conv preferred—
Southeastern
Greyhound Lines
36 Va Mar
44
Aug
26% Feb
26
36
42%
Jan
36 Va Jan
7
30% July
30% July
29% Jan
5
32% May
5
Southern
28% Jan
3
34
3
Southern Natural Gas Co/
x39% Feb
24
Dec
25 Va Mar
20%
Feb
43%
Feb
62% July
33%
Feb
50%
58% Feb
7
Southern
Pacific
Jan
7
Southern
Jan
26
73
20% May
7% Jun
■
i"; Dec
Jan
62
4
4
8% May
73
Aug
68
Jan
6
66% Feb
9
21
13% Jan
7
May
10 % Apr
26;'i
27%
4,800
27%
27%
2,400
27
27 Va
26%
27%
26%
26%
26%
26%
8,300
84
82 Vi
82'/t
83
83
83
83
82%
82 Vi
400
*9
*81
3
22
Dec
29%
Jan
21
Feb
7
20%
Feb
30%
Jun
24% Feb
24
7%
Dec
14
7% Jan
•61% Mar
74
15%
14% Feb
7
5
104
Dec
Jan
100
13
Apr
6
29% May 4
103 % Mar 17
29%
Jun
171'4 Apr
25
21% Jan
79%
Oct
91 %
Jun
83% Jan
20
89% May 12
17%
Nov
27% May
18 Vo Jan
3
28% Apr 18
121% May 11
10
'
74% Jan
7
Standard
Oil
Of
New. Jersey
26% Jan
7
Standard
Oil
of
Ohio
Feb
43% May
41% Feb
Nov
41% May
15% May
30 % May 20
38% Jan
11% Mar
10% Feb
5
13
32% Mar
39 %
Jun
35% Jan
3
88
97
Jun
94
6
38
Feb
Jan
44
17
:<Jan. 24
:Jan
7
18
40% May 14
?:i
100
Jan
27
23%
Dec
36% May
24 % Jan
3
28% Feb
18
12%
Feb
16% May
10% May 20
14% Jan
7
prior
preferred
prior
preferred
4%
Indiana
preferred series A__
convertible
Bros
preferred
Stores
Stevens
100
,
15%
*42% (43%
(J
P)
50
:—1
„
5
L100
pref erred
& Co Inc
Stewart-Warner
.13%
13%
30
30
29%
30
*37
38
37
37%
8 Va
Corp
——
—-15
5
*31% '.32
*11 Va
11-%
(40% ,'40%
*96 V2" : 98 >
26
26
1174 ;1174
41%
62%
62
11%
11%
12
12
4%
47k
'
■
Vi
*70
72
4%
15%
*99%
100%
3%
3%
3%
2,300
8 Vb
17,900
8
8
7%
49
56%
57
57
IS
*45
8%
Vi
56%
57
.137
13%
30
*29'i
*36 Vi
37 Vi
37 Vi
37%
*37%
38
a
41%
11,000
3114
3 lli
.5,000
50 V
50%
1,000
*62
62%
*12
12 Vi
11%:
4 74
4 Vi
*4 la
26
26 Va
25 %
28%
29 Vi
900
102 Vi
101%
101%
19 Vi
18%
18%
89%
27
*8774
8 974
26%
'267a
'
120
150
2,000
102 Vi
26%
120
*119
120
133
133%
1.33%
*87%
6,500
8*a
18%
89%
8%
25%
15%
28%
18%
10
700
25 Vi
'
2274
69 %
102% 102%
,/
300
4 %
71
22%
8%
28%
18%
4,600
15 Vb
28%
102 %
1,000
4
69 Vi
15 Vi
18%
12%
157k
28%
*69%
15%
*101%
*69
160
62
70
87/e
70'
15%
15%
132
8%
*69 Va
a
f J 28%
»*474
25%
23
26%
15%
4%
70
227 k
28%
4
22 3 i
26%
15 7 a
*11%
4%
70
22%
i
62
.
11%
22%
26%
28%
6,900
,41
62 Va
8%
9,800
33 '/4
42
23 Vi
9Va
32 Vi
51
26 V a
15 7
600
32 Vi
32%
.
31%
*22 %
70
'2,400
41
*50%
4 Vi
4
3174
51
,4%
8%
1,100
30
23
69 Vk
13 Vi
13 Vi
30
■71'%
87 a
1,100
56 Vi
13%
a
*4
69%
4.9
*45
30
13 V
*70
8%
21,500
15%
100%
3%
4%
69 %
300
15%
71%
*474
4%
4%
*69
4
130
15 Vi
*99%
*62
Vi
98
3%
49
30
62
*62
16
15%
No par
Inc
Sterling Drug Inc common
3% %
25
_10
Steel-Spring common-'—1
Starrett Co (The) L S
Sterchl
Nopar
25
oOmmon
11%
>4%
4%
72
23%
26Va
8%
70
18%
18%
*88%
89Vi
263,4
27
*119
121
*133% 134%
64
64Vi
41
-41
67%
67%
24%
24%
*96
98
Nopar
Oil of California
62%
29%
*101% 102%
No par
$7
3%%
*13 Vi
3%
*45
57 Va
57
57%
8%
49
13%
29
Nopar
$6
Standard
*69 Vo
*15%
1
pref—No par
22% Feb
36%
,
8%
com—No par
Inc
preferred
Standard G & E Co $4
65% Feb
Mar 10
26
'
Nopar
35
:
*22%
.
5
92% Jun
16% Jan 18
4%
*69
2
common
Feb
100
4li
V
,_1
<:
69%
9
1
1
-
Standard
25
11 %
Nopar
42'AMar 14
Feb
' *62
100
—1
36 Va Feb
14
74
*46
*100
41%
Jun
96 Va May
8
3%
30
85
15%
32 Va
53
Oct
3%
8%
56%
100%
*100
*15 Vo
J
100%
15%
405«
Feb
Jun
15%
£0%
36%
15%
15%
*15
315
Standard
97%
*15
,51
May 11
67% Jan
8
Oct
97%
,32%
56% Feb
Feb
98
51
Oct
Oct
11%
*97
32
Jun
25
98
4074
73
Jun
*97
25%
51
121
89
98
16
49
900
*83%
15%
*46
1,300
25 Vi
25
85
15
8%
8%
21 Va
243i
15 Vi
500
19
*83%
16
600
112 Vi
21%
22
26
15%
37a
2!l:i
300
29,000
19
19 %
85
15%
100 Vi
22 Vi
111 74
112
85
15
3%
112
*18%
32%
109%
23% Nov
*97
700
21 '4
41%
50 %
preferred——No par
of
98
*99%
21
51
(The)—
Oil
*97
•»
21%
•. Va
32%
Feb
136
x25 Vi
Va
v
41
Feb
Jan
26 Vi
86 Vi
22
22 Va
41%
32%
50%
Jan
98% Jan
Iv.
*25%
*85
22%
1,800
34
40%
54'/a
109
22 74
26%
85%
Shares
24
34
for
the Week
3
24
34%
19
*25%
3
3%
24%
34%
*74
24%
112 Vi
*83%
*22 Va
3
8ale*
S per share
35
32%
100
97%
86
a
Friday
May 20
—Nopar
_No par
Brands
19
1,900
32%
preferred
$3.50
21J
112
113
19
19 Vi
*19
5 Va
May 19
33 Va
Squibb (E R) & Sons
Standard
*112
113
*112
5%
S per share
share
3
3
24%
*34%
22 %
22
S per
33 74
Squar- D Co
$4
22 Vi
22 Va
24%
35
5,700
Thursday
May 18
3'/a
*34 Vi
300
34%
5%
32'.i
Sperry Corp
23% Feb
Jan
3
24 Vb
24%
36
13%
PRICES
SALE
Wednesday
$ per share
374
*3
24%
HIGH
May 17
$ per share
*34%
AND
Tuesday
Monday
5%
.
33%
Spiegel Inc common—
29 %
Feb
5%
32%
Kellogg & Sons
$4.50
5%
5%
33%
1014 Mar 31
Conv
5%
5 Va
300
*12%
C5%
32 Vi
71% Apr
16% Apr
28
35
33%
5
Jan
34%
35 Vi
32%
3
64
35 Vi
35%
3214
29 % Mar 30
May
23% May
21% Aug
95
Nov
19%
May
34%
35
33 Va
$5.5o preferred
Spencer
35%
13 »/a
a
Spai'ks-Withington Co
7
13%,
13 Va
337
Spear & Co common—
24% Jan
13'4
13%
9 Va
*9
9%
32%
7
Apr 25
13%
9%
13 %
•
49
57<
13%
29%
38
*13%
9Va
May 16
24 Va
35%
9 Va
9%
5%
•
9%
9 Va
33
& Bros Inc
=83
27%
32 Vi
Co
3,800
27
33%
7
Jan
.
72
24
83
32%
6% Jan
Mar 22
*80
32%
5
May 20
Jan
(AG)
6,400
*80
33 Va
Mobile & Ohio stock tr. ctfs
Spalding
7 Vi
287 a
*37
:—-7.50
preferred
non-cum
7%
common—Na par
Railway
61
5%
25
Edison.——25
California
41
49% Jan
300
7 %
27%
' *13%
29%"
5
—?
31 % May 20
Dec
63
preferred
x50% May 11
Dec
■•%' 4
May
8%
5'/a
27%
8 74
South Porto Rico Sugar conl-No par
Jun
65%
Feb
10
July
70
12%
4
40
11
5
26%
' *46
*56
50
_50
:
37%
11
5%
29 Va
24
Feb
373a
11%
28%
100% Jan
5% Mar
17,800
37%
11
29
7
39
300
27%
Mar
3
3,300
7'/2
29%
99
3% Jan
:; 8
42 Vi
37%
83
*80
800
,18
28 %
104Va Jun
5
83
*80
7
18
.41%
7 Vi
43 Va
29 Vi.
Nov
3% Nov
100
28 %
96
—100
—
Va
7
7%
15%
16
*99% 100%
*3%
3%
preferred
—
*
7%
15
Solvay American Corp 4% pfd—100
South Amer Gold & Platinum——1
4.20%
8
Vi
Socony Vacuum Oil Co Inc—
100% Mar 25
3
preferred
*7 Viz
7'%
Smith & Corona,Typewriters_No,par
95% Jan
-
3%%
% 600
7%
7
July
10
•_
Smith (A) & Sons Carpet Co com—20
3
52
42 Vi
%
8
98
Jan
88 % Feb
*51 Va
18%
*13
44
-
"7%
17% Jan
Sep
25
31%, Jan .24
*51%
43%
7%
17% Jan
91
Feb
51%
18 Va
18
44%
*5 Va
11
23% Apr 21
84% Jan 17
52
18 Vi
5%
24
Apr
35%
51
a
44 Vi"
UVa
Feb
Jun
90
4,800
37%
Feb
39 %
Dec
16 Vi
3
15
20
Dec
80
16 Vs
*5 ',8
15
7
Jun
27%
-
-15
20
„
85
16%
29%
3
Nopar
—
—
,
35
16%
29
*24
*34%
No par
Skelly Oil Co
Sloss-Sheffield Steel & Iron
.Smith
(A O)
Corp__
21% Jan
85
17
11%
$ per share
No par
Sinclair Oil Corp
Jan
127% Jan
;;
85
16%
37 V
Jun
8
310
4,100
*51 Va
16J/a
5%
Jun
14
,
13%
13,Va
11%
23
Feb
18% Feb
13 Vi
85
37%
26
Dec
99
Oct
13%
70
83
*84 Va
,85
*5Va
Feb
Jun
25 Va
1,000
94
32%
/■
5*8
83
.'55 Vi
94
83%
13%
13 Vi
*5 Va
Dec
23
160
,
5%
*80
54%
=
95%
7%
7
1,800
7,600
54%
10%
-
10%
25 Vi
25%
54%
100
86%
25 Vi
10:,i
25%
37 %
14%
Feb
54%
10
5,200
7 Va
7
*85
11
54%
v-
87
10%
7%
15%
Feb
18
87
11%
37%
7%
,7Va.
88
ilOV'2
22Va
22%
*112
113
*18%
19%
*22
22%
26%
26%
.' *83%
85 Va
*97
98
*15%
15Va
92%
r.
10%
May 14
Coalition Mines
'
26
*83
LOW
Co
7
37%
Saturday
Simonds Saw &. Steel
90
7%
29 Vi
' *13
*35 V*
5%
1
Par
12
27% Jan
22
7Va
287k
*9
15
per share
2% May 11
Va Feb 25
31% Feb 25
May
*87
29%
27%
84
9%
13%
35 14
5%
EXCHANGE
Highest
-4 per share
$ per share
101
91
75/8
'
iS per share
*88
29
*81
STOCK
YORK
39
*95
*87
39%
y.
83%
'
39 Vi
Vi
40
103
18 Vi
•
STOCKS
Year 1948
Lowest
'
———
Corp of America
Bange for Previous
:
Corp.
10 Vi
*98
40
104
83
29%
27%
Nopai
Pen Co
Oil
10%
90 Va
39 Va
240
111
*28%
Nopar
G)
10%
a
*81
'
No par
common
(Frank
8
7% Jan
Gas—
pref series A™Nopar
conv
Sheaffer
"
No par
i
—
&
Corp—
Sharp & Dohme
5
31
_
preferred
Steel
—5
.■
&
8,300
2,100
*94
50 7
18 Vi
44%
Nopar
10
Jun
18 Vi
Co__
Roebuck
10%
■10%
95 Va
16%
51%
*50%
5,900
10 Va
*93
95
*84 %
44 Vi
Seeger Refrigerator Co
Sears
*44%
'
38%
13 Vi
16%
16
16%
51 %
38 Va
83
18
18
—1
Seagrave Corp
,
11% Apr
' Feb
Oct
-100
A—
Finance Co—_—
Feb
77
series
15%
*50%
t c__No par
Seaboard Oil Co of Del_„—No par
,
8% Feb
15% Jan
12
preferred
5%
Seaboard
v
45 Va
7%
37%
10 %
101% Feb
May 13
26% May 19
27% May 19
17%
11
Jan
com
11% Jan
15
x9% Mar
Seaboard Air Line
7
11% May 19
6% Jan
7
27
34%.Feb
12% July
5'A
11
*110Va
38 Va
%
»
13%
54%
*93
85
*84%
85
23 Va
110 Va
37 Va
25 %
26
54 Vi
54%
100
—
.25%
26
22%
110 Vo
38 Vi
,
UVa
11
*93
373/,
110'A
07
*36
87
11
*54
*83%
preferred
25%
26 %
87
11
95
'
pfd
100
(The) common__5
Co
87
10%
10%
7%
7%
7%
7%
22 V
i/,,
110 Vi
x38
*99
91%
*88
91%
*88
40%
105
*100
'.»54
*93
Scovfll Mfg Co 3.65%
Scranton
54
■
*85
87
*85
'
91!%
7%
10%
40
.40%
105
I
38%
10%
10%
40 Vi
*100
"%
110
37%
38
IOV2
40%
102
110
110%
37%
10%
4C%
100
—5
common
10%
*110
"Va
23%
23%
23%
110%
37%
100
c_
$3.40 preferred
20
Jan
5%
A
Schenley Industries Inc_
8
3
series
Scott Paper
13
91% Mar
23%
110%
10
Co_____—
Regis Paper-Co
1st pfd
5
7
Jan
83
Preferred
55% May 20
% May 20
12-%
Jail
30V2
Lead
St L-San F Ry Co com v t c—No par
7
X96
,_5
100
preferred
Joseph
St Louis -Southwestern Ry Co
5% .non-cum preferred—
19
May
12i% Jan
8
25% May
Jan
87
3
6
Nov
88
<
5%
St
25
9 % Jan
80% Jan
5
10 Vs Mar 19
Safeway Stores common
26
Jan
91-
6
,
25
12i% Jan
42% Jan
122
5
89 %
89%
•
*28
6,300
*101!a
102 Vi
70
Vi
18%
19 Va
9,400
89%
*88 Va
19
89 Vi
20
'
26%
*118
133 Va
26%
26%
*118
120
13T%
133%
267o
26 Vi
120
120
132
*132
26 Vi
7,000
120
200
133%
1,500
64%
6474
64 5
8
65 Vi
63 %
64%
63%
64
.63%
64
7,600
41 Vi
41%
41%
41 %
40 %
41
40 Vi
40%
39%
40
14,100
6774
67 %
67%
67
67%
67
67%
-=66%
67
18,500
24 Va
X23%
24
23%
23%
23%
237'8
23%
23%
97%
*96
97 Va
96%
96%
*96%
98
*96%
98%
100
'14%
514%
2,400
67%
24 Vi
*96
15%
*
.15%
15 Vi
15%
Xl4%
15
14%
15
42 Vi
43%
*42 Vi
43%
*42 Vi
43 Va
42 Va
42
32
*31 Va
33
31 Vi
*31%
,32
*11 %
>11%
x40%
(40%
*11%
•
40%
11%
■40%
*32
*41%
43
100
30 Vi
32
700
ll'/i
11%
200
40%
5,600
32 %
ll'/i
40%
40 Vc
40%
98%
*96 Va
*
ll'/i
11% <>11%
40 Va
Vi
6,000
40
'
93%
*96 Vi
98%
26 Va
26 Vi
26 3
a
..•26 Vi
26 Vi
26%
26
26%
26 Va
-26 V4
11%
11%
11%
*11%
11 Va
11%
11. Vo
11%
10%
11 Va
*96%
99
*96%
99
*97
2,900
4.800
'
/
9 %
Dec
11%
18
Jan
Dec
15
20
Jan
Jan
16% Mar
,
6 Va
Nov
llVa
98 %
12% Apr/13'
4
17% Mar 14
12% Feb
10
6% Feb
May
50% Mar
113%
Jan
70%
120
7
Jan
8
July
9%
Feb
15% May
Dec
21%
18%
Dec
26%
34% Mar
For
43
footnotes
90
52 Va Feb
Nov
17%
Jun
Jun
July
see
oage
25
16% Feb
Jan
Dec
3
9
18% July
29% Jun
91%
Va Jan
15% Jan
117
10
17 Va May 17
21% Jan
7% Jan
94
61
Feb
7
18
26
Apr;13
119 74 Apr
14
Jan
17
x9% Feb
24
11% Jan
8
15% Apr 29
X17 % Feb 24
17% Jan
13
19% Jan
7
36% Feb
24
14
43
May 11
10%
16%
No par
Stone & Webster
Studebaker
Sun
3—1
Corp
Chemical
Corp
common
$4.50 series A- preferred
Sun Oil
Co
common
Class A 4% %
1
No par
100
Sunray Oil Corp common
!—
1
4'A%
preferred series A
:—25
-A % %
preferred series B
_25
Sunshine
/
No par
pfd-—_
Biscuits
Inc
12.50
.
>10%
16%
16%
Stokley-Van Camp Inc common—1
5% prior preference—:
_20
163a
20%
7
93'
55%
20Va
7
*91
*55%
118 % 118%
11 Vb 11%
*16V2
17
19%
19%
*42%
42%
10%
10%
*10%
10%
10'/a
10%
10%
10%
10%
103k
1678
U
*16%
16 Vi
16%
*16%
16%
16%
16%
*16 Vi
16 7a
500
17
17 '/a
16 Va
16%
15%
16%
15 %
15%
13,900
20
20 Vi
19%
20
19%
20
19 %
19 Vi
20,900
16% ,17
20%
20%
7V
774
8
7
7'/a
7 Va
7Va
7V'a
r»
I
1 /
'-8
•
•
7 Va
7 Vs
3,200
1,700
*91
93
*91
93
92
92
*92
93
*92
93
30
*55
56
56
56
56 %
56%
56
56
*56
57
1,800
119%
*113
*118
119 V
ll'/i
UVa
*16 Va
2
i
17
*118
119%
*118
10%
117 k
UVa
11
11.Va
*16%
16%
16%,
16%,
■19%
-19%
19%
-19%
42 Vi
42 3 4
42 %
42%
19-
19%
42 Vi
42 Vi
-
*16%
U9Va
11
17Vi
*118
10%
*16%
119 Vi
11
17%
20
13,800
500
19
19 V4
19
19
2,800
41%
42 Vi
41%
42%
2,500.
.
Volume
169
Number 4805
THE
COMMERCIAL
Range for Previous
Range Since Jan. 1
Highest
*
r
Lowest
NEW
Highest
\
YORK
9
Dec
140
$ per share
Mar
•
11% Mar
235
>
$ per share
7% Mar 25
Jun
139
Apr
Dec
197/a Jun
168
10% May 10
31
Dec
44 %
Jun
31
16%
Jan
7
8V4 Nov
28 Vb
Dec
36% Jan
8%
Doc
22
:i73/a
% Feb
26,
Jun
91
Aug
82
.7% May
.24% Jan
5% Jan
11% May
Dec
5%
14% Mar
52
Nov
10% Mar
Talcott Inc
May
2
Telautograph
xl5% Mar
1
4.% Jan
17% Jan
67
Jun
Feb
49
10
25% May
13
May 20
47
Feb
71% July
58
Jan
4
19
Nov
25
17% Feb
55%
26
Oct
Tennessee
Texas
May
17% Jan
Texas
65 % Mar 11
Feb
45%
Dec
103 8
Dec
Xl4%
48% May
65% May
20% May
Dec
5%
24
Dec
.251/4
39
14.% Feb. 24
Jan
r
-46%
Jan
V 25 % Apr
19
12% Apr
15% May
Dec
34%
Dec
10% May
47% Jan
4% Mar 21
6Va
Dec
Apr
Apr
19
,• '7%
13%
24
39%
10%
Feb
59 %
31%
Jan
Jun
104%
17
Mar
40
Dec
55
10
Dec
23% May
Nov
22% Mar
Nov
23%
5%
Feb
Nov
19
19% Aug
25% Mar
17% July
10
Jan
14
.
Jan
9
18% May
32%
Jan
Dec
14 %
Jan
Co
5% Feb
6% Jan
"8%
9%
*8%
9 Va
29%
30 Va
30 Va
29 7'a
30 Va
4.800
10
10
5,100
21%
21%
5,700
700
29
^
Va'
10
lOVa,
21%'
4
10%
83
'
'/a
10>%
10%
21%
V
/
21%
;
30
800
21%
21%
83 Va
8=3%
4%
4%
4%
4%
10%
10%
"10%
.83
4%
-=
*82
'
84
220
4%
3,200
10%
3
Coal Go_
conv'
$4.50
prior
2,500
.2,700
20%
20
20
19
2,0
19 V*
19%
4,200
44
44%
40%
40%
41%
•40
40
40
44
44
39%
'
44
40%
15%
'5%
:
9%
•15%
15%
15%
5%
28 3
5 Va
•36
3%
•17%
9%
V
9
15 Va
5%
5%
5%
28%
28%
13
13
5%
5
36%
36
3%
5
'•••*
5%
36
36
4
•3%
18
8%
8%
38%
•38%
86 Va
86%
2
2%
25
22
*
8%
"8%
8%
393a
•39
87
"86%
Va
•2'/a
24%
•24%
42
11%
11%
ll1/*
11%
13
13%
12%
13
15
14
14
•14 V*
•100
*0%
104
"27%'
1
7%
101%
27%
•27%
5%
300
1,800
88
.2%
2%
2 Va
2
23%
23%
40
24
Va
900
400
22%
104 Va
'/a
104 Va
104%
104%
16 Va
16%
16%
16%
16 V*
16%
1,400
•40%
41%
41%
40%
41
2,300
"11 Va
11%
41%
11%
11%
11%
11%
1,900
12-%
12%
12
12%
12
12%
6,900
14
14%
15
22 Va
104
,
"
Va
?
7%
101 Va.
7%
22 Va
v%
101 Va
101
11%
11%
11%
24
23%
24
35%
34%
101
11%
23%
34-%
"100
6%
6%
27%
•27%
5%
5%
8%
40
22%
•34%
102
"5%
50
%:
11%
6%
'
t;
1,500
104%
.
35%
"100
6%
par
8 V*
80
1,200
18
23 Va
24%'
24
••34%
640
:
22 %
22
"13%
5,900
650
14 %
600
7%
20,400
'
101%
11%
2%
25
3,000
4
4
•17%
87
41%
11%
4 V*
1.8
6
36
39%
41%
35%
900
36
%
8%
41=%
23%
100
5%
87%
41%
11%
13%
5%
39%
41%
23%
29%
"12%
"5 ' {
"8%
16%
•34%
29%
13 Va
4%
22%
par
5%
29%
17%
104%
,No par
5%
28%
38%
2
300
"12%
/
•86%
86%
7,500
13 Va
4%
16%
7
400
17%
22 %
7%
15 V*
17%
104%
t.
15%
•3%
.
16%
101%
15 V*
V*
36
22%
7%
5,000
"36
104 Va
100%
8%
36%
16%
7%
8%
"36
104%
100 Va
-8%
5
16 %
1
5%
41
5
104%
•13%
15%
43
"15%
•
28%
•16%
'104
9
5%
39
Va
•24%
41%
*40%
•8%
40%
•
•5
17%
8%
38%
86 Va
5 V*
■■•12%
k
4
17%
15 Va
•28
1
,,
5%
4
17%
17'%
22%
•
1
36
8%
22%
8%
28 Va
13
44
40%
*
5%
"28 Va
4
Va
43%
1
*
9%,=
"12%
13
i
=
'•
"43%
•40
9%
87
Co
9,500
13%
64 V*
•12%
preferred—-No par
Coach
54%
13-.-
38%
City Rap Transit com—No
5% cmv prior preferred-J
53%
63%
•8%
Twin
54%
54 V*
600
1,000
13%
No par
1
5
.
100
3%
15%
64 V*
38%
preferred
11
15%
13
"85%
Century Fox Film com__No
55
"3
V*
£0%
*28
_15
common
3
15%
20%
15V*
No par
—
54%
"3
15%
20%
100
.i
V*
3%
16
20%
-
No par
Corp
10
3 Vb
16
55 V*
55
INo par
Corp
•
16
63%
*9%
1
^
com
"10
3 Va
"15%
13%
39%
iNo par
preferred-
preferred
Twin
9%
63%
.2%
$1.50
7
*8%
9
13%
•24%
29% Mar 14
33%
63
i
1
(The)—
^Products
Tri-Continental
May 11
7% Mar 14
Feb
25
33%
14%
2%
101
4% Jan
'
Jun
2-3%
63%
25%
20th
33%
V
83
•10
55%
•2%
35% May 12
32%
4%
3 V*
•24 %
$6
32%
'
13%
100
4 %
Truax-TraeV
24% May 16
,
32 % Jan
98 % Jan
:
16 Va
55%
14
3
Jan
Jun
.2134
V 83
10%
•14
11%
19'/a Jan
.
36 Va
100%
10%
'•>
■
4%
3 Va
com__No par
4
Jan
•
13%
13
34%'
63%
14
15% Jan
11
v
14%
13 Va
102% Jan
11
11%
63%
11%
10
11 Va
-*11 Va
V
63%
_—2
21
11
9%
14%
Transue & Williams Steel
4
Mar 30
98 % Feb
Dec
29 Va
:
v
15%
55%
Transcont'l & Western Air Inc_—5
V' 7%
1.000
145
63%
50c
_
Transamerica
Mar
2,000
9%
147 Va
''20%
TimkenrDetroit Axle___——__5
Timken Roller Bearing
_No par
10% Apr
92
55%
1.'
L„
Steel
$3.75
Shares
9%
145 Va
9%
147%
»63%
—
10
share
9%
149 V-2
n4
16% Feb
4
11
*8%
10% •:
"10
$3,50 preference
—No par
Tide Water Associated Oil com___l0
Mar 31
...
29 Va
*4%
10%
13% Mar 30
May 14
6% Feb
10
;
12
19
83
4% V
tbe Week
11%'
33%
21%
83
3%
43% Mar 30
4
Jan
31%
5%
8
*
Apr
10% May
107% July
12% Mar
Dec
!,
8
10
Fair
preferred—;.
Thompson-Starrett Co
105
=21%
84
15%
conv
Thompson
3
10%
22
84:
*3%
—_x
13
25
29 Va
*11 Va
y.r
10%
•15%
-No par
10
Thompson (J R)-*—
71
39% Jan
ctfs_
' 7
Jan
25% Jan
Apr
Co
Pacific Ry Co_^Inc, common;
Thomas
6
29% Jan
16
*■
•9
29
no
Co common
1
.1
$2.50 conv preferred___________ 50
Thiid Avenue Transit Corp__No par
Mar ' 9
3% Jan
.
5
Coal & Oil.;
45% Jan
25
•8%
__25
_i
89
.
14
102% May
.;
Jan
9%
4%
Jan;
20 % Feb
May
15%
24
8
23% May 19
t
July
13%
96
Apr
2% May 19
:
'14%
Thermoid
7
9
:
share
&
$1,25.
The
19
20
8%
9%
149
to•
Sales
'
*21%
preferred—No par
Thatcher Glass Mfg Co common—5
•;$2..4o ir conv preference
-No par
8
6% Jan
;
38% May 11
84 "/a
•
Nov
32 %
Feb
=95%
Jan
:
May 20
13% Mar 16
■i
Sub
Textron
22
7% Jan
•
34 Va
"
37% Jan
Mar 23
11% '
34 Va
5
;
•
Pacific Land Trust—
Texas
'
.19% Mar
19%
Jun
4%
3
;;-7
=
29 %
;
r
2
17% May 10
7% Feb 23
;
May
95%
Feb
1% Mar
Jan
Mar
3
;
.
May 16
35
,
Jun
Oct
.85
5
i
Jan
15% Jan
6Va Jan
21
Apr
15 %
.
.
Apr 25
46
11% Jan
May 11
14%
Dec
48
7
8% May 19
.May
12%
.
33%-Feb;
■
Corp
Pacific
Texas
29
11%
10%
:
9%.
151
Friday
May 'JO
$ per
9
Corp——^
Gulf Producing
Gulf Sulphur-
Texas
Texas
7
.(James)——,
Co
23% Jan
•
T:J
8
3
197/a May
Nov
15 %
10% Feb
v
Jun
11 Va
-
Symington Gould tCorp^.,-^.—,J'
7
9%• Mar
33/4
9%
..
35 Va
29
Ltd—:——
.
7
Thursday
May 15)
t per share
'151
•
*8%
Sylvania Elec Prod Inc com__No par
$4 preferred
—J
No par
2
9%
149
*34Va
-
_25'
International
9%
149
-
11 Va
10
Co
&
Swift
7
Mar.
89:
i
24
Swui
21
.
50
:
May 18
$ per share
"
149
Wednesday
May 17
$ per share
9%
*146%
Sweets Co of America .(The)_/^4;162/3
26
Feb
Corp—
Paper Co..
*9%
Tuesday
$ per share
May 16
S per share
Par
-
Superior Steel
7
Monday
May 14
10c
California———25
of
Sutherland
Jan.;
12.
Jan
4% Feb
Saturday
%,/•'
Sunshine Mining Co
Superior Oil
% 32% Jan 25
20% Feb
Dec
4% Mar
14
11
Jan
9% Apr
s
'
1'
'
•
14% Jan: 12
.
&% Jan
Feb
79
'*>/•
36.
f
25
2&% Jan
sjan
.
Mar 16
10% Apr
•
.
22
1? 5/a
$ per share
<
(2227)
LOW AND HIGH BALE PRICES
STOCK
EXCHANGE
'
$ per share
FINANCIAL .CHRONICLE
STOCKS
Year 1948
Lowest
Ic
5%
102
99%
6
27%
27
5%
6
Va
7 Va
'/,%■
100%
r
101
290
11%
11%
11%
11%
1,700
23%
24
23%
23%
16,300
35%
35
35
•34 Va
100
6%
6%
.
P1'/ 101
*99%.
Va
27 Va
102
"6%
2C%
6
•99%
6
300
102
300
C%
6%
28%
5%
Va
"26%
26%
6
5%
400
100
6
2,300
u
9%
Dec
39
Dec
9% Mar
27%
Feb
37 Va
Nov
103
12
Jan
59%
Jun
40
Jan
3
16 Va
Jun
10% Feb
8
8% Feb
•
39% May
43 % Nov
Oct
110
Feb
98
Nov
90
Jan
21%
Feb
36% Apr
Jun
80
23 % May 13
Jun
91
79%
Nov
,45%
31%
Jan
Sep
38% July
96% July
7
10% Mar 17
Udylite Corp
46
Underwood
26
Lowest
$ per share
22 Va
Dec
103%
Nov
9%
Nov
57%
f
Nov
19
Jan
6%
19
%
Apr
90 Va Mar
23 V*
Oct
Dec
15%
Feb
38 %
Dec
29
Feb
36
2%
Nov
41
Dec
42%
11%
11%
300
23%
24
24 %
24%
24
24%
24 %
24%
24%
24%
24
24%
38%
38%
38%
38%
38%
38%
38%
38%
38 VA
38%
37%
33 Va
5,800
19,200
108 Va
108%
*ioaV8
108%
4
13
Un El Co of Mo pfd $4.50 ser__No par
Preferred $3.70 series—
No par
-
Mar 31
Preferred
31% Apr
5
Union
Union
77% Feb
25
89% Jan
21
49 "
Apr
16
51% Feb
15
31
Mar 28
36% Jan
5
-
Oil
Rubber
& 'Carbon
$3.50
of
Range Since Jan. 1
Lowest
Highest
*
$ per share
22% Feb
105
7
May 10
26% Mar 30
109
14% Mar 29
61% Jan
3
74
19% Feb
16
YORK
United
Aircraft
5%
convertible
United
Feb 26
Air
4%%
23% Apr
,7% Jan
28
9
12
United
Board
38% Jan
18
United
9
3 Va Apr
45% Apr
Jan
41V* Feb
10
Feb
3% May
.2% Jan
3
4%
Feb
9
Dec
82
4
50
Feb
24
May 20
33% Mar 17
30
United Biscuit
United-Carr
=
7
2
5% Jan
7
Jan
7
Unite
96
*86%
87%
29%
29%
108
"91
82 %
82%
82%
82
29
S3
50 Va
50%
50%
50 Va
50 %
,____No par
*33 %
34
33 %
33%
33%
33%
*33%
96
87%
29%
81%
50
33%
%
80%
"91
87%
23%
82%
29 %
7,500
81
29%
33%
81%
3,700
50 %
1.400
33 %
"33%
33 Va
800
Saturday
May 14
5
24%
100
"103%
10
12%
—100
73%
22%
22%
Corp
Corp__No
24%
24 %
24%
•104
107
24%
106%
12%
12%
•104
12%
12%
74
22%
•72
22%
•72
Cig-Whelan. Stores
Wednesday
May 18
$ per share
*22%
24%
74
*72%
23
22%
5%
•5'%
5 Va
34%
34%
34%
34
34
"32%
33
33
32%
32 %
•32%
5%
5%
25 %
22%
*
5%
32 Vb
22%
34 V*
33
25
24%
105
12%
73
73
200
22%
22%
800
22%
*5%
5 %
*5%
5%
400
33%
33'/a
33 %
1,200
*32 %
33
*32 Va
2%
2%
2%
2%
2%
2%
42Va
42%
"42%
43 V*
*42%
43 >/a
*42%
42 Va
42 %
230
3%
3%
3%
3%
3 V*
3%
3 V*
3%
3%
33
a
3 Va
3%
4 V*
22,900
•4%
4%
4%
4%
4%
4%
*4%
4 Va
300
•50%
52 %
*50%
"4
52
,
3
2%
3
4 V*
4%
52
52
52
2%
43
2%
43
3
43%
16
Apr
22
22% Jan
52 Va
*50
3
United
52
50
Electric
5
35
16%
16%
16%
16 %
16%
17
7
39 % Jan
16%
17
Apr
20
United
*16%
17
"16
Engineering & Foundry—5
*36%
36 %
•36%
37 V*
37
37
May 20
37%
36%
47
7
36 Va
18%
Dec
United
23
48%
48%
48 3
11%
Dec
21%
21 %
10%
10%
16%
Feb
89
32% May
29
18
18% Feb
Feb
101
Jun
94
Feb
24% May
113% Jun
16
Feb
Feb
166 Va
"■
11
Mar
15%
92%
Nov
8
179
Jun
Dec
54 Va
Dec
76
Jun
Dec
42%
Jan
4%
Dec
17%
Dec
11%
Sep
Dec
39%
Feb
49
Jan
22%
Dec
86
Dec
37%
Dec
121
175
17% May
,19%
7%
92
Dec
8%
Jan
8% Jan 24
17% Apr
28
Jan
4
Mar
9
16
Mar
9
21 %
Jan
9% May
53% July
U
S
S
7
U
14
U
Hoffman
S
Industrial Chemicals-
S
Leather
97
96 %
96%
96
97
7
7
7
"45
47
20
182
182
*181%
193 Va
7
7
•45%
19%
19%
20
7
7
47
*46
20
-
*181%
6%
47
20 Va
a
45
20%
*19%
22 7
«
*16
94 %
182%
5,200
380
16%
-181 %
95
400
1,700
192 Va
10
7%
500
7
%
48
%
45
*19 Va
20
20
common
No par
*4%
4%
"4 Va
4%
4%
4%
*4%
4%
4%
class A
No par
"17%
17%
17%
17%
17 V*
17%
17%
17%
17%
17%
1
15%
15%
15%
16
15%
15%
15%
16%
15 %
16
4 %
4%
90
700
4%
COO
17 Va
*17
1,100
15%
11.400
*45
45 %
*58%
59
%
58 3
4
400
1
23
23%
23
23%
23%
23%
23 Va
23 V*
23 V*
%
23%
86%
5.600
•84%
86%
*84 Va
86 Va
86 Va
%
86 Va
Apr
36 Va May
117
May
3
29
Jan
25% Mar
•88 % Feb
8
3
43
Jan
26
3
133
Jan
21
3
May 19
130% May
3
46 %
Apr 18
72
Mar 17
78% Jan
24 %
27
May 14
140% Jan
U
1
26
U
U S
Feb
8
85% Jan
4
25
Jan
=;7
8
Mar 29
16
Feb
4
Mar
10%
Jun
3% Feb
25
5% Mar 30
Feb
23 %
Jun
19% Jan
17
22% May 19
14 % May 19
156
Mar
5
Feb
10
43 % Jan
3
7
14%
Feb
27%
Oct
19% Feb
9%
Dec
3
Feb
15% May
26% May
9% Jan
21%
21% Apr
21
24.
11
17% Jan
165
Feb
7
1
10% May 18
55% May 19
Co
10
preferred
Tobacco-Co
non-cum
37%
121V*
44 Va
44 %
"70Va
;_loo
44
43 %
43%
71
71
71
71
71
71
800
70%
70%
69%
70%
69 3 a
70
24V*
24 Va
24 Va
26,100
23%
24
23%
23%
23 %
23%
23%
23%
132%
17,300
132 VA
=*,4%
10 Va
133
25
1
"15%
15Va
1
;4%
4%
*3%
10 Va
81
.3%
•
3%
•15 Va
16
4%
5
"163 V*
9 Va
12
80
3%
5
9%
'
5
9%
9%
9%
80 %
80%
3%
3%
24
15
*4%
15 Va
14%
14%
4%
"4%
4%
25
*23
80
•
"3%
*23
80 %
3%
132 Va
1.600
21%
21%
1,800
42
42
120
4%
4%
800
*9%
9%
2.000
80
3%
80 %
700
3 %
1.900
25
-23
24 Va
100
14%
14 %
*14%
14%
1,000
•>%
4%
4%
4 Va
1,000
22%
22%
Va
22%
22%
22 34
22%
*163%
165 Va
*163%
165 Va
*163%
165 "a
*163 Va
166
9%
9%
9%
9%
10%
9%
9%
10
12,100
230
.23%
23%
11%
22%
55
53%
11%
Va
5%
24
.
21
42'%
22%
.
53%
*22
Va
3%,
133
•
2,100
165 %
"92
9%
23%
80%
_
21%
*41%
43%
*4%
10 Va
"
22%
22%
;
10'/a
3%
24%
165%
23%
•5
■••:23%
.9%
*11 Va
42
5
132 V2
21%
41 %
81
"80
*43%
133
21%
10%
lOVa
"22 Va
*22
133
21% f
12
"
"163%
In7_——V—__10
133
42
5%
5
1
53
*21%
r
42%
V*'
100
53
133
21%
'
5
"23Va
Co
w:
43%
"80
Raalte
^
71%
21%
Van
27
-
3,200
2,020
71
42
Vanadium Corp of America—No par
Van Norman Co
2.50
Jan
38
120 %
44%
42%l
24
.
44%
21%
25% Apr 25
ll7/« May 13
%
120
70%
132 Va
100
38%
121
71
;
preferred
38%
120%
72
21 Va
com
38%
120%
1,100
44%
"41%
com-No par
38%
119%
121
8 Va
45 Va
.71%
-
4 V* %
*84%
%
71%
132Va
l
8% preferred
Universal Pictures Co Inc
23
8%
44%
United Wall Paper Inc common
2
4% conv preferred,,.,—
—50
Tobacco
"7%
a
71V*
United Stores $4.20 non-c 2d
pfd„5
,$6 conv preferred—
No par
Leaf
39%
8%
72%
25
Universal-Cyclops Steel Corp
Universal Laboratories_Ino_,
38%
119
*7%
„
71 %
No par
preferred—
Stockyards Corp
Universal
38%
121%
8%
24%
—______
com-
*7%
%
72
No par
i
38 V*
121%
121V*
50
8%
.
•84%
86%
37%
5o
com
u
7%
U S
"84%
100
preferred
preferred
"7%
45%
100
common
1st
Steel Corp common
Additional common w
3
Apr 29
2% Jan
3
10
Smelting Ref & Min
7%
8% Jan
21
preferred
U S
12% May
98% Jun
,80
common---
non-cum
United
Jun
Co
Rubber
S
8%
5% Apr 28
10% Mar 30
16%
22 3
58 7
24
page
99
16%
V*
45%
4% Feb
see
185
"182
20
No par
99
16
•95%
47
"6%
100
16
97
96%
47
5
23
100
16%
58%
,7%
footnotes
185
k'\23
23 V*
100
•16
45
43% Feb 16
For
"182
23
99%
16%
453 *
21% May 19
May
97
23%
99
"16
58%
3
70
99
97
2.3.
99
%
58 %
4
May
15% May
22
%
23'/*
99%
16 %
45 V* :
18% Jan
170
%
16%
59
38% Jan
Dec
23
45%
Jan
Dec
*21%
"7%
19%
Feb
Co
conv
Pipe & Foundry Co
Playing Card Co
S Plywood
Corp common3%% pfd series A
42% May
6 Va May
7%
23 %
59
4% %
Feb
42
*22
45%
& Lines
Nov
'
23
8%
U
17%
150
*22%
45%
16 V8 May 18
37
19
23
59%
23 %
Jun
•22
"59
7
20
23 Va
10
13
Jan
*22
20
64% Jan
6%
23%
U S
69
34
*22
U S
39% Feb
Dec
23 >/a
4
Oct
Dec
*22%
18
Apr
2%
23%
28
Jun
22
•22%
23
23 %
100
S
Partic &
8,000
23%
"22
,_100
com
2,800
"22%
23
20
Machinery
17,000
10%
23%
"99
No par
preferred—.
47-%
213 4
10%
"22
No par
common
47
21 %
10%
"22
1
No par
preferred
48 V*
21%
10%
8% Apr
87%
Dec
i
preferred
4V*%
21
\v
*
21%
59% Feb
58%
85%
1st
Freight Co
Gypsum Co
7%
U
interest
Foreign Securities
$4.50
U
of
47 3
*
'
49% Jan
72
Dec
10%
8
Dec
8%
10%
12
Nov
4% Mar
21%
10%
Feb
82
Jun
U S
27
>
49
21%
10%
700
52% Jan
43
19% May
140%
Jan
48 V*
21%
10%
1,400
19
37%
129% Mar
5% Jan
21
49
21%
10%
^0
16%
37
7% Jan
63%
67% Mar
21% Jan
48%
21%
48%
"21%
1
Inc
50 %
36%
3
94
49% May
137% Jan
Jan
Mfrs
36%
3.400
11% Jan
58
July
37% May
May
57
&
t
No par
13%
Improvement Co
Certificates
183% May 12
20
Cos
United Paramount Theatres wi—1
May 17
104 Va Jan
.Jan
.36
Gas
Merch
8
Coal
Co
United
United
May
May 19
Fruit
7
13
17% Jan
6% May
45
24% Apr
100
„
16
23% Apr 18
23% May 16
300
com—30c
Jun
237/a Apr
33
preferred
100
Corp (The);—_1
United Dyewood Corp common
1
7%
preferred—
100
$3,50 convertible
United
Jun
12% Jan1
6,200
33%
.
28%
21% Apr
100
12%
58% May
24
6,700
105
12 Va
46%
9% Mar 23
24 Va
Shares
73%
*72
*5V*
the Week
$ per share
106%
12%
74
33%
-
24%
*105
12%
for
Sales
May 20
$ per share
106%
12%
•
5%
.
par
24%
*105
12%"
Fridav
Thursday
May 1.0
$ per share
•
106 V8
"'34%
10
No par
2
Tuesday
May 17
May 16
$ per share
73%
Amcr—___No par
Carton
Monday
$ per share
Feb
18 Va Feb
120
*50 Va
Jan
22 Va Apr
30
;
96
50 %
*50
Feb
May
21% May
1,400
87%
37%
54% Mar
2,300
87%
48
16%
/
LOW AND HIGH SALE PRICES
common
Fastener
*91
82
common
Co
108
96
87
49%
preferred
of
&
29%
109
82
"
G
3% May
65
29%
STOCK
Corp
Carbon
3
30 Va
£6%
9
45%
preferred
26
2% Feb
•91
86%
'
Lines Inc
Feb
29% Jan
*108
96
86%
29%
Par
30% Feb
5
108
*91
87
EXCHANGE
Mar 24
5
108
96
87
9
50
$ per share
10% Jan
109
*91
com—.—50
preferred—
Gar Co—
NEW
-
9
*108
series
RR'Co
non-cum
Union Tank
No par
No par
California--—
25
Pacific
4%
1
&
STOCKS
2%
60
42%
12
Jan
92
July
May
Va Apr
43
*11%
Apr
94
5% July
55
42%
11%
Carbide
111
Jan
27%
43
11%
Union
6
$ per share
30% May
110% Jun
42%
11%
7
7
1948
Highest
P%
42 Va
*11%
Corp
Asbestos
Range for Previous
Year
8%
42%
11%
Bag &
13
-
9
42%
Union
Jan
51% July
41% Jun
8%
Va
11%
7
94
9
*9
42
12
Union
Jan
9%
9Va
42%
*11%
6
86 Va Jan
11
*9
*41%
12
Jan
25 Va Feb
1
,No par
Co,
;5
Paper Corp____No par
Jari
12% Apr
31 Va Jan
42
5
107
:
(The)—
-
55
*22
*55%
10
22%
56
55
55 Va
54
54
23%
22%
GOO
23%
Mi%
23%=
22%
2,500
11%
23%
11%
23
11%
11%
11%
10%
11
1,100
*22Va
22%
21%
22%
21 Va
21%
21%
21%
1,000
23%
23
>ll^»v#vww
J."
tV UJ-j. iJt
24
•
,
COMMERCIAL
THE
(2228)
NEW
&
FINANCIAL
YORK
STOCK
CHRONICLE
LOW
STOCK
YORK
PRICES
AND HIGH 8Al l
Saturday
Monday
May 16
May 17
•
# per share
$ per share
12 V«
15% May
July
19%
Deo
29%
85%
Deo
94
86
Feb
32%
Deo
85
Oct
20
Jan
3
Jan
95
Jun
48%
Jun
85% Jan
33% Feb
11
Apr
Jan
7
7% Mar
91
18% May
Jan
117%
Deo
28% Dec
29% Nov
90% May
2
15% Jan
3
113% Apr
Jun
23
5
6% May 13
124% July
Nov
5
share
13% Jan
6
22% Apr
1
89
Feb
10
90
Feb
Par
Vick
1
29
Jun
3
14% Jan
38% Jan 26
96% Mar 16
11% Jan
118
21
Jan
Chemical
Co
Vicks Shreve &
Feb
118
Mar 28
32% Jan
12
29% May 11
38% May
34 % May
33 % Apr
6
29
l
Mar
preferred
6%
com
100
10
Virginia Elec
$5
& Pwr Co com
preferred
Va Iron Coal & Coke 4%
Co common
6% preferred
Visking Corp (The)
Vulcan Detinning Co common
Virginian
39'A
Apr
25% Jan
4
31
Dec
32 %
Jan
23% Mar
5
30% Apr
30
29
Apr
32%
Jan
30
Mar 15
32
Apr
26
7%
66
Jan
47
May 19
60 % Jan
28
Wabash
26
14% Apr
9
Waldorf System:
26% Mar 14
29% Jan
8
Walgreen
*86%
94%
;v
*86%
■
7
:
88
*36%
37%
*95
36%'
96%
96'%
94
91
-17 %
17%
17%
114%
114%
114%
*114%
*18
19%
07
19
*29%
30
30
30
*29%
31
*30%
31
31
31
31%
28%
:
*28
28%
*28
*28%
30
*28 Va
30
*28%
*32
33%
*32
33%
*32
33%
*32
33%
*48
49%
*47%
49%
*47%
49%
14
*13%
13%
13%
27%
27%1
6,600
120
*29%
30
,
100
500
*28
28%
200
30
*28
29%
20
33%
*32
31
•28
28
*32
33%
48%
W
57% Aug
12% Dec
15%
12% Feb
Jan
35%
■:
Jun
RR
4%%
preferred
100
No par
No par
"
Dec
28
100%
105
Apr
xl8% Mar
1 Aug
101
27% May
8% Feb
21% Feb
13% May
16% July
10% Mar
*83% Mar
101
14
Jan
Xl9%
Nov
20%
Jan
34% May
27% Aug
12%
Dec
16%
Dec
22
30%
21
common
preferred
Walker
9% Jan
7
28
15% Jan
21
94 % Feb
3
12% May
4
Warner
1
3
7
23
12% Feb
25
Jan
24
3%
Co—.
Motor
10
17% Mar 15
Wayne
21
15% Jan
Sep
34 %
•
3% Jan
3
13%
80
May 20
84 Va Jan
■
Feb
23% Jan
21
:"
Feb
19% July
24
14% Jan
20% May 14
3
114
Apr
Jun
108% Mar 22
114
Jun
113% Feb
25
117
May
103% Mar
111%
8
110% Jan
13
113
Jun
107
Apr
18
112 y4 Jan
24
100%
107
Jun
105
Apr
25
108% Jan
26
4.20%
101% May
13% Mar
102% May 20
4.10 %
103% Feb
Oct
2
Elec Co
No par
com
6%
4%%
Power
preferred
.4,
81
81
20
20%
113
116
*110%
111%
100
100
*110%
111%
105
101%
101 %
101%
109
16%
Apr
22%
Oct
17% Jan
20
West
Virginia Coal & Coke
5
Feb
51%
Jun
36
Mar 25
41% Jan
24
West Va Pulp & Paper com
Feb
110%
Jun
104
May 12
108% Jan
25
No par
100
*104
22% Mar
38% July
36% May
10% May
8'/a Feb
24
22
Feb
25
22
Mar 23
11
29% Apr
24
54% Apr
7
68% Jan
14% Mar
5
17
26'/b May 20
Nov
39%
Jun
Dec
33 %
Jun
22% Apr
Feb
95%
Apr
x91 % May
91%
Feb
101%
Jun
25
Deo
80
Jan
40%
Jan
7
97% Jan
15
101% Jan
11
102
104% Apr
1
20
48% Jan
27
89 y4 Jan
37
Mar
83
Mar
23
Feb
5 13%
57% Oct
92
81
Jan
23% Mar
55
28% Feb
8
30% Apr
11
11% Jan
4% May 18
7% Jan
56% Jan
13
19%
Jun
8
Feb
36%
11%
12
28
28
No par
23%
23%
Nov
69
Dec
88%
Jan
73
12%
Dec
19
Jan
11
Dec
18
Jun
Dec
X138
28
Feb
41%
May 12
128
Oct
23
49%
Nov
14
14% Jan
Jan
37%
Jun
4
44% Jan
Jan
Apr
2
13% Jan
17
79
7
Jan
•
8
12% Mar 10
97/B May 16
17% May
125
26
44% Apr
18% May
5
131% Mar 18
47% Jan
3
21
*6%
;
•
59
*57
13%
Dec
81%
Nov
58
94
Jan
x62
96% July
69
60% Mar
8
Mar
22
Dec
10%
Feb
/ \yi
)37
,
Feb
& Lake Erie Ry
Wheeling
$4
*92
■
24
*102
Jan
Dec
24
89%
Jan
*102;
41
40%
Jan
20
24
5
12% Jan
100 Va
100 Va
*23 Va
23%
41
*40%
17% Apr
20
Sewing Machine com
1
preference—
No par
23%
23%
23%
23%
23
23%
23
23
*53%
54%
*53%
54%
Iron
:
*30%
31%
*30%
31%
*30%
B
*9%
9%
*9%
9%
*9%
45%
10%
10%
9%
*76
77%
76%
76%
*11
11%
100
*129
132
10
24
18%
24
_<—10
common
No par
pfd 4V2% series_L_L>i;»100
pfd 4V2% conv series—100
Wright Aeronautical
Nopai
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co
1
*14%
Prior
*66
Prior
*69
*129
24%
46%
46%
Co
*11
18%
18 %
46%
Oct
74
Jan
28
x!9% May
11% May 20
14% Jan
6
July
25% Feb
5
32
6% May
Dec
Dec
3% Feb
9
19% Feb
3% Dec
35
*Eid
asked
and
prices;
no
Jan
7
15
Radio
Zenith
4 V* Jan
Zonite
sales on this day.
preferred
tin receivership,
a
Corp
r Cash
Deferred delivery,
8%
4%
74%
45
45.
10 Va
10%
76%
*76
7 77%
11%
11%
18
18%
132
*129
67%
*68%
)>
14%'
67%
71
.
V
14%
*14%
*66
<69
*71
72
72
*70
72%
71 %
71%
X71%
71%
71%
9%
9%
9%
9%
*8%
20%
20%
20%
20%
20%
9%
20%
9%
>3F
"17%
18%
32
9%
32
;
18%
*18
9%
20%
*9%
9%
9%
32
"31%
33
18%
'18
18%
25
1,100
46%
7,400
14%
400
*23%
45 '/a
14%
*66
70
*71
72%
71%
*70%
*31 %
•18%
80
67%
*68%
72%
72%
71%
8%
>'
132
*129V2
71%
67%
70%
72 %
9%
7,100
14%
.
*71%
9
300
17%
132
67%
'
11%
24%
46%- :s 47
70%
14%
66%
*69
300
11%
17%
24%
47
15,700
76
11%
*129
25
47
900
10%
76 7;
77
18
132
25
24%
45%
45%
.7'77 10
18%
7
*11%
11%
18%
*76
24,100
5
4%
45
10%
.
100
1,100
8%
8%
4%
4%
*14%
14%
71
*18
.
*
9
20%
1,100
1,100
9 Va
9 Va
9%
500
1,200
9
8 Va
*20%
20%
~80
'
*31 Va
33
18%
<18
18%
600
63%
6,200
Va
64%
64%
64 V8
65 :
64%
65
64%
64%
63 v
64%
62
12%
12%
12%
12%
12%
12%
12%
12
%
12 %
11%
12
1,500
*28%
29%
29
29%
291'a
29%
29%
29%
28%
29%
28%
28%
2,600
3%
3%
3%
3*8
*3%
3%
3%
900
*3%
sale,
s
*3%
4
"
.
4
wd When distributed,
Special sales,
•
4
x 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
Week Ended May 20,1949
Saturday
Monday
Shares
Tuesday
Wednesday
Thursday
2,745,000
282,500
780,850
Friday
387,500
2.824.000
735,160
2,304,000
$1,697,250
2,638,250
334,250
$14,765,000
1949
of
shares
•
S.
4,493,732
Week Ended May
Bank
1948
Bonds. (Par Value)
;
'■
Total
Corporate
$1,000
$7,000
$28,000
V
Foreign
Foreign
Government
$36,000
9,000
103,000
15,334,388
89,334,527
128,279,330
35.000
20,000
98,000
116,000
11,000
3,000
112,000
16.000
12,000
144,000
152,000
1,206,972
Total
15,000
75,000
200,417
Thursday
79,000
241,190
223,595
-
$548,000
259,030
7
1949
.
130,000
19,000
7,000
178,000
$103,000
$52,000
$703,000
Week Ended May 20
1948
1948
Jan. 1 to May
1949
20
1948
•
1,206,972
3,855,534
22,212,432
31,404,906
$548,000
Stocks—No. of shares
$1,179,000
$14,575,000
103,000
444,000
4,538,000
$22,885,000
4.341,000
52,000
28,000
939,000
912,000
651,000
$20,052,000
$28,138,000
Bonds
$381,500
J 22.000
$47,000
$287,500
65,000
712,000
2,902,000
Foreign
'1.697,250
2,726,800
40,716,350
Railroad & Industrial
14,765,000
27,191,000
270,480,300
$16,509,250
$30,004,800
$312,196,150
$458,810,280
Domestic
Foreign
417,463,100
,
Domestic
83,415
Jan. 1 to May 20
1949
38,063,680
Total
20,1949
Saturday
Monday
Tuesday
Wednesday
Bonds
Government
International
$16,509,250
$47,000
Week Ended May 20
Stocks—No.
7"
of
Shares)
A 199,325
3.830,000
2.757,500
.
4,493,732
Total
29,000
252,000
2,365.000
3.040.500
~~5~6O6
326,000
2.572.000
837,380
,
3.475,000
<751,390
;
t
$13" 000
(Number
Sales
$1,419,000
$115,000
1,030,022
;
$1,304,000
Bond
Bonds
Bonds
Bonds
Bonds
Stocks
Total
Government
Bank
Foreign
?58,930
;
United States
Int'l
Railroad
mNumber of and Miscel.
U.
100
33
*12%
No par
1
Corp
Products
8%
10
46%
68%
*69
32
31
9%
9
9%
24 7 a
46%
*67
21
54%
30%
8%
9%
22%
30%
71%
21"}"
1,900
22%
44%
*129
24%
*14%
*30%
—
3,400
v
*30
31%
*30%
%
75
common
conv
15%
*53%
4%
18
132
14%
8%
27%
15%
23
10 Va
♦11%
11%
71
31
160
82
*26%
54%
22%
2,700
39%
*81%
.
15%
*53%
54%
*71
—.28
1
..—'
50
Young (L A) Spring & WIre_.No Par
Youngstown Sheet & Tube—No pax
Youngstown Steel Door
Nopai
Corp
27%
*72%
ft Towne Mfg Co
4%%
81 %
76%
■V'
18 Va
68%
•
V
100
106
*102
39 %
45%
4%
■
*45
10%
45
v
40
10 ; V
4%
"45%
45%
—10
Co
4%
4%
*53%
54%-
106
39%
120
100
24
*22%
v
20
—-
W)
(F
.
*53%.
;
V
12,600
<
92%
100%
92%
*100
24 %
81 »/a
15%
16
23
22%
23
92%
100%
*26%
15%
■•
27%
Machinery
Mar 30
29
62% May 20
:
81%
15%
preferred
York
8i
*26%
16%
Co
6,300
*102
r
40%
27%
Woolworth
Yale
106
82
Woodward
18
:
40 V*
40%
15%
Elec Power Co
3,300
*22%
*26%
4%
15%
2G%
*91%
24
*102
106
*102
106
*23 Va
■
*81%
'
15
26%
*100
100%
*100
■
16%
—
15%
26%
23
23 Va
81%
Co
300
15%
92%
27%
Wisconsin
7
39% Jan
9% Apr
22%
92%
.
81%
Oil
400
1,200
26%
?
26%
*26%
Wilson-Jones
7
15%
26%
<:
15%
Willys-Overland Motors com
1
$4.50 conv pfd series A—No par
Wilson & Co Inc common
No par
$4.25 preferred
No par
9
'
15%
7
82%
Wilcox
3,800
57
27%
preference
2,100
11%
28'/2
33 %
56%
*15%
conv
34%
*26%
57%
*81%
Prior
10
Apr
9% Jan
79
74
.
30% May 13
Oct
65%
13%
9
25
20% May 19
May
H5% Feb
25
Feb
8y» Feb
"*"16% May
48
Feb
66
Jun
.
1.500
,711%
;
12%
28
*26%
S3)
Co
35%
11%
1
prior pref
Mfg (The
34%
28
20
conv
6%
•V
12%
"
30
6%
6%
6%
571%
23%
23 %
106
41
6%
•
59
100 %
*100
101
*23 %
100
No par
No par
Wheeling Steel Corp com
$5
*99%
800
107
*57
23
12.50
37%
37%
*105%
107
28
11%
92%
Instrument
1,7G0
59
22%
Elec
14%
23
92%
3.80%
14 %
23
92%
Weston
980
23%
23
92 V2
80
102%
14%
106
35%
35%
7
111%
106'A
102%
•
37% 737%
37%
210
110%
*104V2
102%
14%
106
7
170
23%
27.,j
15% Mar 30
4
37%
120
110
24
22%
67% May 17
72% Apr
7
68
July
34%
7
24
64% Jan
May
11%
12% Feb
x59% Feb
25% May
Dec
%
*102
116
'
Worthington Pump &
58
102%
i?
105
14%
40
*115
*109
II514
111%
14%
23,100
114 7'; 114 7
114
110
1091%
1,900
20%
*23%
22%
*92
pfd
115%
111%
29
22%
3%%>
*113%
115%
28
Air Brake—_Nopai
Electric com
12%
series A
100
pfd series B
100
Westinghouse
Westinghouse
V
113Va
105
15%
59
20%
19%
197/a
20
20 V«
•
560
19%
20
20%
23%
*57 -:
•
30%
*102
12 Va
23%
23%
23%
80'A
'
110
35%
*26 %"
29
*26%
20%
80
*6%
35%
12
300
1,800
20%;
111
7
11%
36
11%
*4
4%
20%
*104 Va
27
10
34% Jan
May 11
*35%
,
41/2
300
1,700
13
106%
37 Va
7Vb
7
12%
*4 Va
80 %
108%
*104%' 106
15%
■
12
May
65% May
V
26%
5
Apr
*15 f7
37%
15%
16%
12%
20%
110%
15 Va
38
17'/a
12.%
*105
101%
15%
20
12
Nov
Mar
14%
101%
15%
White
25% Apr
5
31%
6% Mar
10%
101%
104
*16%
4'/4
113 Va
7
26%
11
3
Feb
51
105
400
1,000
17
21%
*115
111 %
105
104
■
20
109 %
110%
*3?%
'
120
13
7
4Va
,7
*108%
*15
13
1,100
23%
*23%'
13'/a
17%
12%
,
,7-
24
12%
*16%
'
115%
15%
Motor
3
114
105
15%
35%
A
Dental
18% Jan
19%
115%
:
26%
White
13% Jan
2,706
•13Va
4
26%
White
53'A Jan
16
*23%
13 ',4
(
16
16%
23%
2,800
8
7%
8'/a
16
16%
23%
*13 Va
80'%
15 %
26
16% Mar 30
27 V8 Apr
2
July
126
Feb
9
May 18
22% July
24% May
Feb
Aug
27%
Jan
27%
Dec
9%
X53
39 % May
1,900
20%
*56%
12
"
21
80%
100
Preferred
26
26% Jan
27
series
'.7-sty/
;
*19%
108%
106
10
100
100
com
21%
12%
21%
81%
Western Union Teleg class A_No par
28
May 11
Mar 30
23
Jun
7
34% Jan
Pacific RR
Western
26
Mar 30
5
22
98% Feb
July
115
4%
8
Jan
30
21
V
20%
111%
6%
Supply Co
Maryland Ry com
non-cum 2nd pfd
12%
26,400
20% *
*110 %
38
*37%
6%
Auto
11%
12
23
21%
108 %
1
Inc
Western
20
74% July
85%
Lines
Air
Western
7% Apr
26
23%
preferred
12% Jan
15
May
% %
41% Mar 12
58% Dec
Dec
4
Western
24
33% May 20
16 % July
Nov
Feb
5
46 % May
29%
116
'
5% Nov
34% Dec
7% Mar
25%
4
92%
11%
4%
*113
113
113
*115%
109
15
38%
100%
13%
92
21
v/^20::-.vi
.20%
i:
20%
20%
20%
*111%
preferred series C_
*4%
21
*80%
81
20%;
*115%
B
13 '/a
92
16 Va
17%
21%
21
100
100
100
pfd
series
13%
91%
.
12%
4%
*4%
No par
West Penn
13 >4
92%
12
13%'
12%
12%
12%
81
1
A
105% NOV
Oct
12%
20%
No par
13%
*20%
24
*16%
17
*16%
17
4%
preferred
preferred
7%
"
13%
13%
21%
preferred—
Corp
7%
'
*4%
Indies Sugar
Class
2
13%
13%
40
22%
22%
22%
16%
16%
*23%
700
2,900
8'A
12%
16%
700
<
102 t
*101
101'/2
-
23%
r
21%
23%
21%
conv
12 Va
21%
16%
5
West Penn
May 20
119 %
104% Mar
$4
West
Inc
Tobacco
Wesson
12%
21
23%
12%
27%
>,101
103
300
13%
27%
13%
92%
16 Va
*16%
*13%
*91%
13%
*91%
23%
Oil & Snowdrift com___2.50
Webster
24
19
86%
19% Mar
*113%
Jan
26% May
Nov
*80
.7
27% Jan
Mar 28
20
Aug
*13%
21 *
•12%
12%
21%
*13
*46 .7:
13%
27'/s
8Va
8%
23%
5
1
Wayne Pump Co
25
5y8 Mar 30
v
:
27%
23
23%
8%
v
,16%
;
5
Mills
Knitting
16% Feb
11% Apr
6% May
Dec
12 y4
*22%
13%
13%
*91 %
Waukesha
7
Jan
14
7
13%
92%
11
22% Jan
23% Feb
*13%
21
27 V*
103
92
8%
*91%
5
14
*13%
47
13%
27 Va
47
48%
48%
7
103
8%
23
23
t
8%
*101%
104
*101%
1
Pictures
Bros
'
'
•'
23
*8%
*"■;
14
27%
27 Va
.100
common
preferred
Foundry & Pipe
No par
Warren Petroleum Corp
3
Washington Gas Light Co—No par
25 Va Feb
15% Apr
Ward Baking Co
'
26
23
No par
27%
104
*101%
Warren
14
"
Jan
•; *27 %
No par
Co
5% %
*13%
■5
_100
(Hiram) G & W
Walworth
28
9% Jan
Sep
Dec
23% Jan
4%
8
20% May 11
20% May
13
Jan
-
Feb
7% Feb
90
May
32
•
25
105
13 % Apr
Jun
NoV
9% Nov
22
May 19
Co
Foreign
Total
government
corporate
$703,000.,
j
19
32
'
*28%
.
17%
115
30 %
"
*31
30
.
907/a
17 Va
*18
30
-
20
3,900
'200
7
115
19
*29%
28%
28%
29
*•
400
'
36%
90%
115%
31%
28%
}\
96 %
7
7
17%
30%
*30%
'
95
*18
30
29
2Q
88
36%
71/3
-
17Va
114'/2
-29%
*28
2,200
*95
.
|
3,300
86
*86)1.4
96%
': V *90
115
*18
19
;v-
17%
-
*18
5
11
21%
86
.:
36%
36%
*95
91
*91
17%
114%
115
share
*21 "
-
88
f ' 86%
7%
7%
7%
94
17%
*91%
f
87
*86
A
11
•
88
36%
*95
7%
6%
6%
86 77
V.
19%
20
preferred
88
36%
94%
17%:
*18
20
Deo
25%
*86%
*36%
94
*114%
25
25
Ry
24%
9
100
25
pfd
>
i
.
17%
86
87
for
Shares
*10%
ll'/a
21%
!
88
96
*91
*86
87
36%
6%
No par
partic preferred
div
*86%
>*36%
21%
21 %
21%
21%
21%
$ per
share
10%
21%
11
21%
'•
May 20
$ per
r'V
11
11
10%
11
*86
*87
/ *94
_10o
10%
share
$ per share
S per share
21%
*86
5
common
10%
21%
com_100
100
preferred
non-cum
Va-Carolina Chemical
14
19
Jan
20
5%
3%%
share
10%
2.50
Pacific Ry
Victor Chemical Works
21
17% May 16
S per
Vertientes-Camaguey Sugar Co__6y2
*
14% July
Feb
14%
15 V*
16
85% Mar
93
109
Feb
May
96%
t per
Sper share
10
Friday
May 19
May 18
the Week
Sales
Thursday
Wednesday
Tuesday
May 11,
EXCHANGE
Lowest
Highest
Monday, May 23, 1949
RECORD
STOCKS
NEW
Range Since Jan. 1
Highest
48
Lowest
W
1} 1
'
.
I
i
Volume
Number 4805
169
THE
COMMERCIAL
Bond Record
italic
letters
in
the
column
FINANCIAL
WEEKLY
-
"Interest
headed
Period"
Lowest
•
*•
Highest
'
,101.11 May
105.1
Sep
105.28 Mar
107.4
Sep
GOVERNMENT
Range Since Jan. 1
Lowest
Highest
Year 1948
i
108.28 May
f'_u
108.13 Jan
,
r
NEW
*"■
9
101.11 May- 9
26
.108.13 Jan 26
r
.
Treasury
Treasury
Treasury
Treasury
Treasury
__
__
__
t
110.23 Mar 11
De'c
102.22
Feb
,
102.23
Sep
102.23
Sep
101.7
Sep
101.11
Jun
102.31 Jan
14
Feb
3
104.9
101.19
100.25
100.26
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
104.9
14
Feb
3;
__
102.1
Jan
100.23
102.31 Jan
—
Jun
100.24 Mar
__
__
Jan
101.19
110.23 Mar 11
______
__
Apr
100.23
Jan
101.12 Feb
100.16
101.12
Jun
101.7
100.27
Sep
Oct
May
102.26 May
100.23
Mar 11
__
101.12 Feb
9
9,
Feb
7
101.7
Feb
100.18 Jan
6
101.2
Mar 22
7
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Oct
101
Jun
Feb
16
101.1
Feb
102.13 July
102.30 Feb
100
Mar
100.4
May
100.13 Jan
20
100.19 Feb
Mar
100.2
Feb
100.17 Feb
9
100.21 Feb
16
9
—
100.31 Sep
Oct
—
100.21 Feb
9
101.13 Mar
•
month
when
the
bonds
•
BONDS
Saturday"
STOCK
<
Lowj
•
...
3 %S
Monday
May J 6
May 14
High
Low
Wednesday
May 17
High
•
High
Low
101.8
Jan
26
100.31
Sep
Sep
101.18 July
101.19 July
1949-1952
*101.11-101.13
*101.10
101.12
*101.10
101.12
*101.9
101.11
*101.9
101.11
*101.9
1951-1955
104.20
*104.17
104.19
*104.17
104.19
*104.17
104.19
*104.16
104.18
*104.16
104.18
*108.26:108.30
*108.28
109
*108.28
109
*108.28
109
*108.28
2%»
2%«
109
*108.28
109
1951-1054
2%S
1958-1963
2%s
2%S
1949-1953
; *100.31 101.1
1950-1952
2%S
1952-1954
2%s
1956-1958
2%«,
2%a
1962-1967
102.23
*102.22
102.24
1963-1968
102.3
*102.2
102.4
2%a
Jun 1964-1969
*101.20
101.22
*101.21'101.23
*101.21
2%s
Dec 1964-1969
*101.17
101.19
*101.17
101.19
*101.16
101.18
*101.16
*101.13
9
*103.1T 103.19
2%S
2%s
103.19
*103.17
103.19
*103.16
103.18
*103.16
103.18
110
*109.30
110.2
*109.28
110
*109.27
189.31
*109.27
109.31
*110.20
110.24
*110.20
110.24
*110.18
110.22
*110.17
110.21*
*110.17
110.21
111.19
*111.18
111.22
111.22
*111.21
111.25
*111.18
111.22
*111.18
111.22
*111.18
*100.30 101
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*102.1 i 102.3
*102.1
102.3
*102
102.2
*102
102.2
*102
102.2
*102
102.2
*102.26 102.28
*102.28
102.30
*102.28
102.30
*102.26- 102.28
*102.27
102.29
*102.27
102.29
*105.5
105.7
*105,5
105.7J
*105.4
105.6
*105.4
105.6
*105.4 *105.6
*102.24
102.26
*102.23
102.25
*102.24
102.26
*102.24
102.26
*102.3
102.5
*102.3
102.5
*102.3
102.5
*102.3
192.5.::.
101.23
*101.21
101.23
*101.21
101.23
*101.21
101.23
*101.18
101.20
*101.18
101.20
*101.18
101.20
*101.18
101.20
101.18
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.14
101.16
1105.2
*105
*102.21:
""
i
*102.1
—1965-1970-
•
1966-1971
2%s
*103.17
*109.28
110:2%'
*111.15
1960-1965
103.19
109.31
*110.18
•.
*103.17
*109.27
1956-1959
Jun 1967-1972
*101.14
101.16
101.16
*101.14
*101.14
100.31
*100.28
100.30
*100.28
100.30
*100.28
100.30
*103.12
103.14
*103.11
103.13
*103.11
103.13
*103.12
2%s
103.14
Dec 1967-1972
*100.27
100.29
*100.29
100.31
*100.29
100.31
*100.28
100.30
*100.28
100.30
*100.28
100.30
2y»s
1951-1953
*103.2
103.4
*103.2
103.4
*103.3
103.5
*103.2
103.4
*103.2
103.4
2%S
*103.3,103.5
1952-1955
*102.7
102.9
*102.9
102.11
*102.8
102.10
*102.7
102.9
*102.8
102.10
*102.8 '
2%s
102.10
1954-1956
*105.12
105.15
*105.14
105.17
*105.15
105.18
*105.15
105.18
*105.13
105.16
*105.13
105.16
1956-1959
*103.17
103.19
*103.24
103.26
*103.25
103.27
*103.24
103.26
*103.24
103.26
*103.24
103.26
101.2
*101
'101.2
Treasury
Jun 1959-1962
*100.29
2s
*100.31
101
*100.31
101
*100.31
101
*101
100.31
*100.31
101
*100.31
101
*100.31
101
*101
*101
*100.2
100.3
*100.1
100.2 '
*100.1
100.2
*100.1
100.2
*100.1
*100.10
100.11
*100.9
100.10
*100.9
100.10
*100.9
100.10
*100.8
100.9
100.18
Dec 1949-1901
*100.19
Mar 1950-1952
*100.22
•
-,
9
Oct
100.16
Apr
__
Sep 1950-1952
100.20
100.19
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.22
*100.21
100.22
*100.21
100.22
*100.21
100.22
*100.21
4
.
98.30 May
98.24 Jan
10
100
May 17
99.30
99.11 Jan
5
101
May 17
and
■"Bid
asked
May
No sales transacted
price.
.
'
*100.31
*101.13
101.13
101
101.14
.
this day.
New York Stock
Exchange
Period
*100.31
101
*100.31
101
*100.31
101
*101.13
101.14
*101.12
101.13
*101.12
101.13
*101.12
101.13
*101.15
101.17
*101.15
101.17
*101.16
101.18
*101.16
101.18
*101.15
101.19
*101.21
101.22
*101.20
101.21
*101.20
101.21
*101.20
101.21
*101.20
101.21
101.24
*101.26
101.27
*101.25
101.26
*101.24
101.25
*101.25
101.26
*101.25
101.26
*103.21
103.24
*103.23
103.26
*103.23
103.26
*103.23
103.26
*103.22
103.25
*103.22
103.25
1950
Bank
101.17
*101.23
*100.12
100.13
*100.12
100.13
*100.11
100.12
*100.11
100.12 <
*100.11
100.12
*100.12
100.13
100
*100.1
100.4
45.000
100.31
*100.27
101.8
2,000
for
-
*99.29
100
99.30
101
*100.29
called
June
101.17
: \%/;v
■
*100.29
2%|due September
at par,
15
FOR
WEEK
ENDED
MAY
99.30
101
100
101
.
100
*99.30
101
.
*100.27
called Sept.
1949-51
15 at par.
a
100
100
100.30
Odd lot
*100.27
transaction,
Bid & Asked
Range Since
Sold
High
BONDS
Jan. 1
No.
Low
Interest
New York Stock
.1980
J-D
105
105
1051?
63
Sale Price
or
-
Low
J-D
65
3%s Series No. 17
3%s Series No. 18
107 ya
J-D
3%s Series No. 16
J-D
65%
"64
J-D
.
64
65%
64%
60
65
5
58
65 %
65%
J-D
65
63%
65
65
11
65
J-D
65
3%s Series No. 21
J-D
65
3%s Series No. 22
J-D
65
33/4s Series No. 23
J-D
33/4s Series No. 24
8
64
65
65
6
55%
65
41
55%
65
*65
REctor
2-2300
-
120
Teletype
NY
-
66
66
~1
64
65
8
J-D
J-D
J-D
3%s Series No. 30
Exchange
Broadway, New York
66
65
33/4s Series No. 29
New York Stock
J-D
J-D
J-D
Brisbane
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s—1
1-1693
Canada
(Dominion
of)
1957
§ AGtd
&
sink
fund
ACarlsbad
Municipal
Mtge Bank
lAChile
(Colombia)—
6s
1947
1948
8A7s
F-A
6s
A-O
*61
——
AGtd
sink
Akershus
fund
(King of Norway)
fAAntioquia
(Dept)
coll
4s_
7s
SAExternal
s
f
SAExternal
s
1968
A
series
s
AExternal
sec
f 7s
J-J
1945
40%
40%
40
J-J
40
J-J
1945
1st series
-*83%
"''•mm?
J-J
1945
B_
SAExternal sf 7s. series D_
AExternal
M-S
_1945
f 7s. series C
7s
__1957
39%
A-0
1957
*39 %
40
A-0
AExternal
Antwerp
Australia
sec
s
f
7s
2d
series
f 7s 3rd
series
1957
(City) external 5s
—1958
(Commonw'lth) 5s of '25-1955
1956
1957
20-year
External
s
f
6s„
External
s
f
7s
lABrazll
(U
8
of)
external
8s
AExternal
s f 6'/2s of 1926—^_1957
Stamped pursuant to Plan A
*
(Int reduced to 3.375% ) —__1979
AExternal s f 6'%s of 1927—
1957
•
'
1
Stamped pursuant to Pian A
(Int reduced to 3.37&% )
A7s
j'
(Central
Ry)
1979
1952
Stamped pursuant to Plan A
1978
funding bonds of 1931 due
Stamped pursuant to Plan A
(Int reduced to 3.375%)
bonds of
1944'(Plan
1979
:
20'
89
92
18
85%
92%
91%
92%
12
85
93%
91
84%
93%
100%
102%
107
117%
v".
v.':7
10
;
;
v
102%
112
115
5
16
*53%
A-0
O
vN
69
—
A
,T~
55
70
f
.■
'
67
69
50%
47
46
:
r
2
■
■
"';55
60%
29%
37%
29
35%
37%
26
*36
27%
27%
11
36%
{2
1
27%
27 %
3
27%
27 %
M-S
1962
A-O
A-O
1963
Af-N
«
1963
M-N
27%
27%
27%
8
1993
J-D
26%
26%
27'%
82
1957
J-D
1957
J-D
6s
bonds 2-3s
Bank
6V2S
*36
J-D
; 53 %
52',2
48%
49%
67
70
66
67
65%
A-0
53 %
53%
68
65
67
8
.
42%
29%
35%
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27%
26
29
asserted—
Munic
J-D
36
36
3
36
J-D
27%
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8
26
29
1961
A-O
34
37%
1961
assented
A-O
26%
29
1962
—1962
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*36
(Hukuang Ry)
5s
27%
36%
J-D
•
36%
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;
.___
;
J-D
70
.
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■
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72
CRN. MARKS a r.O- me.
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r
i
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,
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64
64
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65
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1
58
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3%s Series No. 13—
64
65
7
59
65
64
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-
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J-D
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FIRM TRADING MARKETS
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--
SECURITIES
70
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For Financial Institutions
FOREIGN
36%
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1
1
t
i
37
'
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1951
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1960
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1960
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.
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40
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1961
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Cons
29%
37
35%
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*36
27%
,
35%
25%
71
J-D
26
26%
71%
J-D
29.
•
54%
3%s Series No. 10
page
5
10
6s_
fund 63/4s
A63/4s assented
AChinese
■:
43
8
J-D
J-D
For footnotes see
i
:'
";'
46 V2
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J-J
37%
34
27%
J-J
M-S
3*7
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Sep 1961
Sep 1961
ASinklng
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54
27%
27%
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1962
Mortgage
A 6s
i'.-J-
53
50
—
J-D
——
j
i
•
61
A-0
J-D
3*48 Series No. 14
'I.
72
3%s Series No. 11
3%s Series No. 12
^
j.
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69
45%
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Jan 1961
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62
5
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60%
Jan 1961
assented
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-
A-O
3%s Series NO. 9
,
s
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,
70
-->/_
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assented
A6s
J-D
3%s Series No. 8
•
Extl
119
,
A 6s
A6s
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117
~
J-D
3%s Series No. 5
3%a Series No; 7__„—i__:
94
f
s
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106
J-D
—
3%s Series No. 4
90
*27%
A-O
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103'%
39
106
J-D
;
3%s Series No; 3
99%
140
M-N
F-A
sinking fund 6s
104% 107%
36%
A-O
A 6s assented
4
34%
36%
1960
ARy external
101%
104 J/4
*54
M-N
101%
102%
102%
1
101%
94%
106% 106 %
J-J
Feb 1961
AExtl
40
J-J
Feb 1961
AExternal sinking fund
41%
95
B)—
3%s Series No. 1
3%s Series No. 2
40%
37%
100% 10053
1951
External $
37'%
3
i 1
io3%::
102%
99%
101
^
(Int reduced to 3.5%)__
•
4
46
90%
J-D
1941
37%
100%
J-J
Stamped pursuant to Plan A
(Int reduced to 3.5% )
_£_1978
v't"
2
M-S
1955
41
j
F-A
1955
_______
r.'/t
,
90%
.
15-year 3%s
1962
Belgium external 6%s_____i.___;.__l949
41
91%
J-D
\
41
93%
■
J-D
1966
41%
37%
103 %
1960
assented
65
63%
98%
6
2
1942
assented
2
100% "
1942
sinking fund 6s
A 68
101% 101%
A-0
assented
AExtl
<
37
15. »
39 3
94
__
.
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65
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Foreign Securities
Bonds
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Corporate Stock—
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1957
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YORK
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*
57 %
44 Vi
101'A
_..due Mar 1 1996
K__
M
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Series
38
37
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1957
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s
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.,
1;
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AU*.—July 1975
mtge 5%
ser
B 14%
fixed
1% contingent int)^_July 1975
Ref & gen mtge 5%
(2% fixed
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"
1956
loan
extl
115%
104 %
S'western div
external—
Municipal Bank
109
103%
4
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48
11%
38
__
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M-S
1959
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External
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92
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55^4
.
1904
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:
M-S
2008
Netherlands
Norway
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■
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98:A
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1958
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to
55
125%
54 %
4%s A
1st mtgq 4s ser
Stamped pursuant to Plan A
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125
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and
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A,.
I__11952
to
84
54 %
8
10%
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J-J
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84%
98%
___
(State) —
ASec external s f 6%S
i
81 %
84%
J-J
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„
104 "4
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5%
6%
J-J
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102%
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12
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;
ass'td
108%
103 Vi
103% 104
103%
Q-J
106 %
301
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97 %
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B
J-J
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18
413
96
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1995
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Santa
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94 Vi
105
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1962
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„
92
61
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1959
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M-N
11
11
94 %
96%
92
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103%
95%
J-J
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101 Vi
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11
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Atlanta & Charlotte Air Line Ry—
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1922 agreement)
ASmall
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50
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;
49
90%
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(assented
92'
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w
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26
94
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1957
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1st
92
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94
___
ALarge
1904
P
83
84 V
1973
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conv
75
1
: 1987
:
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16
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conv
80 Va
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52
85
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—_
101 %
80
98%
4
83
84'a
1961
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107%
100 %
—
99
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57
104%
104'/a
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1980
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36%
—
84 %
1986
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A
__
14
COMPANIES
107
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1975
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1968
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1922
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101%
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RR
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2%s
A-O '
Mfg
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'
1950
Western
&
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-
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Mexican
34%
5%
3
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J-J
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.2030
American Telephone & Telegraph Co—
50
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Susquehanna
&
Alleghany
37
12
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__
75
6
8
INDUSTRIAL
AND
A-O
Southern
37
H-
53
7s
Great
Power
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84
8
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16%
10
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14
Alabama
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J-D
1954
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26
54
.
.
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1958
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101 VA
Albany
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1958
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88
89 %
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65
53
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66%;
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(City)
79
.
■
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12 »/8
6
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J-J
1947
Altaly
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J-J
1977
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__
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26
F-A
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•
11%
101%
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.
88
J-D
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61 %
56
1978
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1987
J-J
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61
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56%
106
49%
78
50 Vi
3
*8
70
54:V,
54%
72
56
54%
50
■
'.
■
—
—
■
Volume
169
Number
4805
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2231)
27
NEW YORK BOND RECORD
RANGE
Friday
Last
Period
Sale Price
or
New
Central
Pacific
1st
&
York
ref
3s.._—1974
Power
ref
1st
series
Bonds
i...
1st
to
F-A
1974
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F-A
__1992
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3%s ser B—;
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Chesapeake & Ohio Ry—■
•
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General
Ref
&
Ref
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Impt M 3'%s series D
impt M 3'%s series E
102'%
103 Vi
1003 a
101%
1989
&
A
Div
1st
consol
gold 4s
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gold
4s_—.—1989
100
'
'''
'
—
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j-j
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128
East Tenn Va
244
97
101
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120%
110%
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&
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111
F-A
..1970
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& Eastern 111 RR—•
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F-A
F-A
B_
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Chicago
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2
109%
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13
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inc
98%
1997
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1st
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1985
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1982
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1955
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:
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1969
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1949
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1957
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,
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1st 4'%s
Northern
lst'&
Vj"
-
105'% 105%
I >-
M-N
1971
*99
M-S
M-S
Greyhound Corp 3s debs
;
.
:>'yvT/
83
583 4
:
.81*%
A-O
___________;;____..1974
Ohio El 3'As
.1970
Sou
fc
F-a
1964
System, Inc—
72
95'%
80
'ww
■
debentures
Columbus &
■>///;
Corp—
4s___
_
106%
103
92-
70 Vi
•
1980
Electric Corp—
debentures
Columbia
'
104%
13
•;/
TvV;.
'
v
&
1st mtge & coll tr
103%
101%
13
'
111
*81%
■:''r
j-j
'
WW
Gen mtge 2'As ser R^i
I--1961
AGreen-'Bay & West deb ctfs.' A—A
Jl-
102'%
5'
Ry—
(stamped modifiedi.w.
Columbia
3s
1973
84
*83
■
*94
'
—w.
j-d
^__1977
*80
Gen
■
M-N
1972
4Vis series C_^_-
WW
*99%—
'
Co—
B___J_wWw
99'%
83
M-S
A
77
w
59%
.
*-_
*81%
J-J
_„1953
'
1st mtge 5 Vis series A____
1st mtge 5s series
1st mtge
j-j
1961-
A-O
J-J
2000
G_
General 5s series C
72%
5/
S U
■
101'% 101'%
j-d
1950
WW
1964 '
Gen
74%
102%
-Til
4s_^_>1991
Series D 3 Vis gtd
Cleve Short Line 1st gtd 4 Vis
30
1990
Gen
69
">■;
100% 100'%-
j-d
'
—
63
643a
J-D
>
,
.
103%, 104
■j-d
1982
63'%
1949
101% 102
6
103% 103%
"
j-d
1970
4
63%
Realty & Utilities Corp—
General
5'
:/>•;
102% 102 % '
F-a
1990
106'A
--
1
Great
103Va
;.; /if
St Louis Div;1st coll trust 4s
Cleveland Electric Ilium 3s——
J-J
A—Jan 2015
3'As—_—-1971
Rub
&
Coast
Certificates
Goodrich
i
F-A
1961
A
Cleveland
70. vv
'•
1st mortgage 3s
'_->u_._^,
] Cleveland ;& Pittsburgh .RR—
,
76
70
Louis Ry—
Div. 1st
105'A
103'%
3
—
104
98%
lUJ
--
104'% 105/:
j-j
!
106
104
,
'/I-
A-O
1977
106'
ser
mtge
A4s conv inc
■:
__
M-S,
.1993
'wW
105
M-N
107
90%
6
*100% 101'%
*101%
~~ >•
■•'irS';
1975
.
J-w' '
__
Gas & Elec of Berg Co cons 5s
91%
106
5
42
/
75'%
j-j
1962
B
'
'
—
1956
59Vi
86%
'
impt 4 Vis series E/_
&
IT'T
90%
90%
103'% 103'/a
j-j
1993
St
18
106% 107
90VB
j-j
gold 4s_—
General
.
&
■>
107
j-j
Investing Co 4s debs.__^
Cleve
V 52%
91 'A
91%
/
:
3-D
mtge gtd'-3%s series E_.
_1969
mtge 2%s ser G-j-.1974
Ice & Fuel 2%s debs
_..__1966
*104%.
Francisco Sugar coll trust 6s
54
51
j-j
1978
—
*145%
65
44%
j-j
2%s
112%
99'%
103%
99Vi
1952
D
112
*112 Va
■
M-S
*106'/a
1st & ref 5s series A^
A
94%
66
Cincinnati Union Terminal—
1st
84 Vi
51
1963
Cine Gas & Elec 1st
mtge
1st mortgage 27/«s
1
25
1963
4s
conv
5i
84%
•W
54%
Apr
19941
G__-_____^
&
41%
411/4
99%
•
1st mtge 3 Vis series F
1st mtge 2VaS ser
Chic
—
"
53%
j-d ~
>
Station—
101'A
A-O
2s ser H
1st
{Florida East
65 Vi
99%
1951
Union
53
45'% : 46'%
j-d-'
Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'ea6tern
Ry—
1st & ref M 23A-4V'4S__w
1994
Income
2
54
1951
Gold 3 Vis
Chicago
53
45%
j-j
A_Jan 2019
ser
100
A-O
3'%s ser R,
mtge
Div
Firestone Tire
Ry—
1994
mtge conv 4Vis
15
100'A
1st 5s____1965
ser
mtge;3Vis
cons
General
mtge 4s series A
AGen
Chicago St L & New Orleans
49'%
100 'A
F-A-
M-N
1970
mtge 3'/4S ser E.
cons
1st
77%
Apr
inc 4Vis___Jan 1 1999
B
1989
conv
62%
Tv/lT
Apr
Chicago & North Western Ry—
2nd
inc 4%s
mtge
coiib
1st
87
84'A
'
j-j
46
120%
75%
Apr
—.Jan 1 2044
97%
7
75
118
'
A__Jan 12019
ser
B
ser
53
*40
RR—
1994
4Vis inc
inc
53
j-j
5
48%
1965
1st cons mtge
,
bcS%
1
81
./ V
j-j
1956
mtge 4s ser A
Gen
4 Vis
isi
A
j-j
99%
48 %
46 Vi
74 Vi
120
.
Chicago Ind & Louisville Ry—
A
101-
36 Vi
*100 V4 100%
_*_■
j-j
99'%
'
M-N
M-N
%
48%
Erie Railroad Co-
Ohio
5s_
conv
111% 111%
111
High
99
J-J
,1995
I
stamped
Gen
,-1958
Div' 1st 5s„—1956'
& Ga
& Southwestern
Paso
5s
110 %
12
__
Chicago Burlington & Quincy RR—
General 4s
'
ul977 '
(NY) 1st cons gold 5s
Elgin Joliet & Eastern Ry 3Vis
106%
118
-
■
.
Jan. 1
Low
J-.T
1937
Ed El 111
97
16
*112
Range Since
Sold
No/
J-J
deb»:____-..^1961
"
*119% 127'
W-.
Bonds
High
101%
122%
29 V
•V
100%
105'% 106%
■
Low
S
•
: 100%
2i35s
A1
.
Friday's
Bid & Asked
101%
100%
■'
Chemical
t§ADul So Shore & Atl gold 5s
or
Sale Price
103 Va- 105%
'101 Vi
ioo(:
j-j
•
Dow
j
r
100 Va
j-d
'
■'
ww'.
F-A
1973
2d
99%
2
127% 127%
S
Duquesne Light Co 2%s.
1
'.
\:
:
""
104
*101-'
,/
M-N
1996
R
104
j-j
1996
Ref & imp M 37/8S series H
*101'% 103
F-A
Week's Range
Last
Period
Exchange
High
-;/ .8
100% 100 J2
Low
103
A
Aug 1 1949)
New York Stook
6
103
Interest
BONDS
Jan. I
No.
■
(4>/4%
20*
Range Since
Sold
High
A-O
gtd gold 4s_1949
MAY
Friday
Friday's
Bid & Asked
Low
Central
ENDED
'
*
Exchange
WEEK
Week's Range
Interest
BONDS
New York Stock
FOR
67
35
53'%
67
66'%
>70
67
64
53'%
67
123
67 ya
70'%
97'/a
99
12
9 7'/a
99%
70'%
'IT
D
Dayton
1st
Pr &
Lt
1st
mtge 2%s___.il975
Dayton
Deere
Ry 3 Vis ser B
23/4s debs......
Co
Delaware
Y
N
1st
A
Lack
Lack
&
ref
Western
M
5s
Income rttge
Morris
&
Coll
Delaware
1st
mtge
1st
,'A'V
Grande
100'A
102%
103'%
101%
'91
__-1973
-
'
92%
92%
V2
79 %
*50
59
A-0
.1977
RR—
West
79
80'A
55%
7
Kanawha & Mich
55'%
,
J-J
>59%/
*103% 104
3-D
1993
59
*__•
.13'
'
.
.'"+r
'
68 Vi
•59
103
ser A
(3% fixed
contingent int)..*..,
mtge ser A
contingent int)
Denver
&
Salt Lake
Income
mtge
1st
2018
104%
Gen
&
ref
Gen
&
ref
conv
3s
2%s
gold
Detroit Term
series
1966
1970
I>
;___1982
1
-J-J
60%
60%
61 Vi
8
22
87
59%
4'%s
29.
5
107%
77
98%
Vi 104%
99%
69
101
101
96
A-O
101
100'A
15
101
101%
-
A-O
104% 105'%
13
103%
105'A
J-D
104% 104%
1
99%
A-0
*97'A 100'%
.
J-J
-
J-J
.
*114'%
J-J
100
-
1964
100'%
98
108
108
*97'%
A-O
A-O
.
114'%
65
*98
J-J
100%
114%
__
*__
*170%
102%
M-S
104%
99%
j-j
1997
101%
_
.1961
;1959
96
103
II
__
102'% 102%
1'%
1'%
18
101%
103
25
%
2
109
107%
115
110
108 Vi 108%
J-D
66'%
96'%
82
104
J-D
page
77%
_1961
90
*102
...1961
unguaranteed
Kings County El L & P 6s
Koppers Co 1st mtge 3s
{AKreuger & Toll 5s ctfs_
65%
2
108%
1995
ser
1——..1975
Plain
91%
82
104%
M-S
1995
4'%s_
82
J-D
4s
& Tunnel
82
107% 108
1st lien gold 4s
see
90 Vi
107%
3-D
footnotes
90 Va
M-S
1958
Det Tol & Iron ton RR 23/is
For
^1993
H__
debentures
Detroit & Mack
A Second
series
90 Vi
'■*
contingent int)__
Detroit Edison 3%s series G__,
9
;>,>5.
*100% 101V*
J-D
Ry 1st 3s__1950'
mtge 4s ser A
Kentucky & Indiana Term 4'%s_J_1961
Apr
68%
98'%
J-D
.1978
3%s series B_^___i^i.^_T968
Kansas City Terminal Ry 2%s—1974
Kentucky Central gold 4s.
1987
—
fixed
67%
98%
A-O
City Power & Light 2%s__1976.'
Stamped '-—i
.1%
68'A
M-S
4s__1990
1st mtge
69%
"107%
(4'%%
(3%
1st gtd gold
1st mortgage; 2 %s
Kansas City Southern
87'%
mtge
1%
Lt 2%s____1976
&
K
96'%
79%
'•>/■
M-N
J-D
102'A
4
Jersey Central Pow
M
*100
*101% 102%
92%
m-N
">
3s
3Vis
~AIncome
3s
M-N
1993
Light
tr
98%
14
Kansas
1973
May 1 2042
&
M-N
;
Frankl & Clear 1st 4s__1959
/i/x
Co—
C
division
coll
&
Rio
A-O
99% 100
div
4-6S.
Power
Denver &
ser
RR
due
Essex
Tr
J-D
extendedi__1963
West
&
&
102% 102%
1965
Union
&
Delaware & Hudson 4s
*
J-J
3-D
1965
.
3s series A
A-0
1978?
1978?
mortgage 3s
1st mtge
wwiucstown
99%
69
69
*69
29
1
64"
75
1961
M-N
100 % 100%
B__1976
M-S
*88 Vi
89 %
2
104 %-■ 105%
98'%'
105 y4
99%
109 %
VLaclede Gas Light 4'%s conv debs__1963
73'A
64%
28
66
71
99'%
88
105%
89
Lakefront Dock
•1st
<
mtge sf
&
RR
3%s
ser
A___:
Lake Sh & Mich Sou gold 3y28.
3'%8 registered
M-8
114'A
113
115
Terminal—
:1968
J-D
1997
J-D
*81 Va
1997
J-D
76'/a
81
85
76'%
4
96%
74%
90'%
28
COMMERCIAL
THE
(2232)
&
FINANCIAL
CHRONICLE
Monday, May 23,
1949
NEW YORK BOND RECORD
RANGE
WEEK
ENDED
MAY
20
Last
Period
Sale Price
or
Week's
Friday
Week's Kantre
Friday
Interest
BONDS
New York Stock Exchange
FOR
Bonds
Friday's
Bid & Asked
Interest
New York Stock Exchange
Jan. 1
Last
Period
BONDS
Range Since
Sold
Sale Price
or
Range
Friday's
Bonds
Bid & Asked
Range Since
Sold
Jan
.
1
''
Low
•
LOW
Lautaro
Nitrate
A 1st
mtge
Des
-1S78
reg—2
23
93%
-93
._107O
A-0
1954
.1964
11974
F-A
Lehigh Vai Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4 %s ext. 1950
Lehigh Valley RR—
7-A
62%
63%
J-J
65%
67
stamped
stamped
4s
89%
91%
91%
2
91%
99%
99 '/a
99%
3
99%
r-A
*85
90
F-A
*80
87%
1993
1977
1963
*56
J-J
*95%
J-J
106% 107
IN Y Susquehanna Si Western tin.—
§ A 1st refunding 5s
1937
J-J
State Elec &
Steam Corp
97
101%
Jf-N
Jf-N
2003
2003
Jf-N
36 >A
Jf-N
35 Vi
.2003
Jf-N
41
40%
Lehigh Valley Terminal Ry ext 58.1951
Lexington & Eastern Ry 1st 5s
1968
A-0
68%
68%
Liggett & Myers Tobacco 5s
Little Miami gen 4s series A
ALombard Electric 7s series A
1951
1962
A-0
1952
§A2d
§ A General
88%
93
§ A Terminal
4
57
70%
8
V'1
60
72%
'•
N
Lorillard (P) Co deb 5s
1951
F-A
*107
108
1963
A-O
104
104
1966
M-S
1978
Jf-fl
4Vas stamped modified
4'/as registered
5s
stamped
modified
debentures
Louisville Gas & Elec 3%s
1st & ref mtge 3s
Louisville & Nashville
1st
&
1st
& ref M 2%s
1st
&
ref
41%
Niagara
30
40
Norfolk Southern
36%
31
2014
3
32
42%
41%
16
35
49%
Norfolk <fe Western Ry 1st gold 4s_1996
Northern Central gen & ref 5s
1974
Northern
10
.
32%
AQen
46%
64%
68%
1
2
120
107% 107V4
4
107
*108% 108%
101 Va
*107% 107%
106%
91%
80
99
3s
1980
Jf-fl
0__
93
Atl Knox & Cine Div 4s
1988
Jf-N
91%
91%
1
128%
112
112'/a
105
107 Va
85
Q-J
61
60%
61 Va
.31
58 Va
64%
2047
Q-F
Q-A
58%
57'/a
58 V*
;-,^5 5
57 Va
61 Va
2047
J-J
78%
78 Va
79
23
78 Va
88
2047
2047
85%
86 Va
15
85%
86
16
85%
100% 101
62
100'A
registered
lien
3s
registered
impt 5s series D
trust
4Vis
States
(Minn)
1st
1975
r
•
93 Vi
3
99 Va 100'A
*__
••
US
100%
68
96
V 85%
86
J-J
;
99 Va
106%
98
'
-
101'/a
95
95=
v
103%
Co—
Power
mtge 2%s
1974
r-A
1st
mtge 2%s
1975
1978
J-J
l<m
1979
99 Va
A-0
mtge
99 Va
5
99%
15
98%
99 Va
Jf-S
(Wise)
109 Vi
107 Va 107 Va *"
J-J
1st
83%
92%
**
'
128
1997
997/a
107%
— —
™
75
9
Jan 1 2047
'
*108
22
Railway—
4s
& impt 4%s series A
Ref & impt 5s series C
94,
79%
98
16
80%
126 Va 128 Va
128'/a
100
3s
107%
80
99
79
A-0
107 Va
4Vis series A
Pacific
Northern
4-0
inc
conv
Q-J
Coll
A-0
109
US
4s
104
—
:
102%
5s
lien
General
108'/a
"2
103%
108'A
—
Ry Co—
1997
ref
&
Prior
50%
107
98%
105 Va
97
4
Ref Si
103
26%
75
Va
103%
102% 102%
1974
108 %
103
mtge
22
73
'
Ref
123%
*103
3%s
Power
35
17%
M-S
74
im'JL
97%
46 Va
28
>;:•
*104% 105%
H
A-0
35%
4-0
Louis Dlv 2d gold
M-S
3
2003
St
1968
J-J
74%
971/4
J-J
70
123% 123%
107 'A
*69%
r-A
34%
2003
ser
Jf-N
33%
RR—
series G
3%s
2
107%
39%
5
18
97 Va
106%
3
28
18
36%
M-N
3%s series F__2003
M
43%
28
35%
A-O
43%
20
43%
33%
Falls
63 Va
96
__
r-A
1978
1981
mtge 3s series F
31%
High
55
r-A
33 %
33 Vi
H
M
ref
1st
Low
57%
'
1937
1940
1943
1982
5s
gold 5s
Y Telephone 2%s ser D
Ref mtge 3 Vis ser E—
Gen
3s
Gas 2%s
1st 3%s
4Vis
gold
gold
96%
J-D
registered
Y
Ref
2003
2003
stamped modified
4s
1st cons gtd 4s
N Y
93%
90
■
High
A-0
N
93 Va
Navigation Co—
Si
S F mtge 3VaS ser A
5s
High
N Y & Putnam
Lehigh Valley Coal Co—
5s stamped
5s
Low
Ltd—
Co
income
Lehigh Coal
No.
High
<■
No.
1st
3s
1st
mtge 2%s
mortgage
Northwestern
3Vis
3s
Bell
99%
99%
*101%
■
2-0
~
98 Va
100
■
«...
...
97
97
105%
—
--
106 Va
1
Telephone—
debentures
1979
M-N
*106
—
106%
M
Macy
(R H) & Co 2%a debs
Maine Central RR 4Vis ser A
100%
M-N
1960
J-D
69%
70
92
92
5
M-N
Corp 1st mtge 3s
i960
Metropolitan Edison 1st mtge 2%s_1974
Michigan Bell Telephone Co—
3Vis
debentures
tIAMidland
of N J
1st ext 5s
St Paul Si Sault Ste
<
lien
5s
40-year 4s
Prior
lien
ACum
series
series
4Vis
jf-a
*103
A-O
102
J-J
Jan 1991
J-J
1990
J-D
B__
1952
series
J-J
ig78
D
79Vi
79 Vi
J-J
J-J
68
64
General
A
61%
A 1st
67
68%
47
66%
1st
A
5s
1968
r-A
86%
86%
88 %
57
75%
ref
Jf-8
44 Vi
44 Vi
46%
328
37%
46%
1977
Jf-fl
87
86
88%
446
75 Vi
88%
1978
1st &
Morris
Si Essex 1st
gtd
Constr M 5s series A
86 Vi
88 Vi
154
75 »A
J-D
102%
—1979
J-D
102%
—1977
J-D
&
—1981
J-D
—1980
J-D
—1982
J-D
ref 2%s
&
ref
M
series P
Tel
3Vas
25%
26
206
21%
86
88 Vi
123
75%
r-A
86%
86
88%
75%
58
58
58
57
r-A
1966
1958
J-D
1950
71%
19
71%
93%
93%
1
1
99% 100
95
v.
100'A
103%
104%
94%
12
97'A
97'A
7
93'A
95%
100%
*104% 105'A
-V
96'/8
98%
103
103
3
—
105%
100%
103 Va
104'A
103'/a 103 Va
*104%
,
98
98%
5
*102% 103
J-J
103%
103'A
33
104% 104%
■,
103%
101%
2
94%
'/•••••.• 'x)'
101%
106%
101%
'
97%
A-0
57 Va
56%
57%
—1960
104'A
87
55%
69 '/a
102%
104 %
103
Jf-N
103'A
103
102% 103
13
17
99%
4
100%
102%
11
113%
116
J-D
—1975
4'/2s
General
5s
Grn
A
seriee
101%
101% 102
F-A
—1965
101%
E
_
_
J-D
A-0
.1984
99%
103 '/2
99
100%
226
98%
41
103'A
103'A 104 Va
92%
92%
93%
-•92'A
,
J-J
91'A
93
v
A-O
—1985
series F
114% 114%
J-D
—1981
—1952
3'/aS
mtge
A-O
...1968
D
3'As
deb
Gen
series
4'As
101
—1900
B
series
mtge
Conv
104 %
series
4'As
101%
101%
,
sinking fund 4%8
General
A-0
-1965
RR—
General
93%
91
100%
...1952
debentures
f
s
Cons
75%
104 Vi 104 Vi
4-0
3s
81%
Jf-N
1976
75
E trust ctfs
mtge 3s
Pennsylvania
58%
16
14
26
103%
97%
% 1047/8
M-S
income debentures—I960
conv
4s series
1st
104%
76
75
103%
•
Pennsylvania Power & Light Co—
102%
53%
0
75
M-N
1986
debentures
54
53%
71%
M-N
1959
103%
101
*101%
54
104 %
102%
102'A 102%
99%
Jf-8
—1983
f gold 4Vas_ —1955
s
106
102%
7
102% 103 Va
,97%
•
A-0
—1978
1st
1
5
*103
A-O
1987
debentures
„
J-D
—1986
_
Pennsylvania Glass Sand 3%s
■
*104
M-N
2000
3 Vis
2
—1985
debs
debentures
Gtd
b2 -/+
336
105
Pennsylvania Co—
88%
US
R
debentures
A3'/as
88%
;<
98%
103%
Pennsylvania-Central Airlines—
27 %
87
2%s
Tel
&
ser
debentures
Paducan & 111
88%
25%
1991
Constr M 4 Vis series B
Mountain States Tel & Tel 2%s
3 Vis
87
Jf-N
4-0
1981
I
Moh'k & Malone
1st gtd gold 4s
Monongahela Ry 3 Vis series B
Morrell (John) & Co 3s debs
M-N
1980
gold 5s series H
ref 58 series
:v
1949
A
ser
—1974
3Vas
88%
series G
gold 5Vis
Si
L
3'As
80%
4s
& ref
AConv
series
3VaS
70%
67
1st & ref 5s series F
A
3s
Pacific
69%
65
4-0
RR Co—
St ref 5s series A
A
ref
& ref 3s series N
1st
^Missouri Pacific
A 1st
&
& ref 3s series M
1st & ref 2%s series Q
85%
2
68
*63
79
Jan 1967
A
95
17
103% 103%-
•
1st
74%
1970
adjust 5s series
98%
103% 103 Va
i'Sv
1st
53%
3
79%
J-D
series K
2%s
1002
J-D
3s
1st
RR—
A
103%
lOG'/a 106'/a
J-D
1970
—1971
ref
1st
87
68
49
72%
72
72
16%
96
—
103% 104 Va
&
1st
62
45
14
45%
45
45%
12
*98'/a 100%
—
■
A-0
—1960
1st Si ref 3s series J
102%
82%
85
>81%
11
100%
16
98%
J-D
A—1960
1st Si ref 3 Vas series I
100
101 Vi
102
98'/a
Pacific Gas & Electric Co—
103%
53%
53%
53%
4-0
Jan 1971
Mo Kansas Si Texas 1st 4s
Prior
100
102%
100
Jf-fl
12'/a
102 V2 103 Va
98 Va
r-A
1978
ser
103
102
107%
Marie—
1st mtge 4Vis inc ser A
AGen mtge 4s inc ser A
Missouri-Kansas-Texas
105%
*106 Vi 107Vi
Jf-8
81
66
10
A-0
1975
Gas 81 Electric 2%s
1st
mortgage 3%s
Oregon-Washington RR 3s
*10Va
M-S
100
101%
101Vi
73% .74
3s
105%
100
*__
Jf-N
1967
103%
1st mtge
J-J
1974
4s
2%s
mtge
Oklahoma
102%
1948
1975
guaranteed
Edison
1st
103
100 %
*100
J-J
1940
Minnesota Mining & Mfg 2%s
100 Va
''.'I''
104% 104%
A-0
1st gold 3 Vis
.1952
& lmpt 4Vis series C
1979
Michigan Cons Gas 1st mtge 3Vis_1969
1st mtge 2Vis
I960
1st mtge 3%s
1969
Minn
*100%
M-S
Ref
98%
*101% 102 Vi
ig88
,
91%
97
§ A 1st
Ohio
98%
J-D
Jf-N
1951
Michigan Central—
Jack Lans & Sag 3Vis
85%
6
fOgdensburg & Lake Champlain Ry—
68%
98
J-J
Mead
95
2
89
89
0
Jf-N
O
71 %
92
13
J-D
101%
68 Vi
*101
1872
mtge & con 4s ser B
1984
Manati Sugar 4s sink fund__Feb
11957
Manila RR (Southern
Lines) 4s
1959
May Dept Stores 2%s debs
1972
1st
J-J
100 Va
106'A
110
101'A
59
91
101 Va
37
99 Va
102
82'A
82'A
91
100%
100
150
100
82'A
87
106%
111
Peoples Gas Light & Coke Co—
3s
N
Nashville Chattanooga &
1st mtge 3s ser B
3s
87%
100 Va 100%
National
J-D
100%
1970
J-D
104%
I960
A-O
104 Va
1967
J-D
*99% 100%
1954
Jf-N
102
102
5
102
102
Philadelphia
1952
J-D
100
100
1
100
101%
Jf-N
117
117 %
5
117
1982
A-0
100% 100%
8
1988
J-J
1980
r-A
series
B
N
J Junction RR
gtd
New Jersey Power &
1st
4g
5s
series
117
__
5s
series
A
A
4
Vis
Certificates
1st
5Vis
series
ACertlficates
Ref
Ref &
series
*103 Va 103%
J-J
—'
■
*99
:
2%s
ref
2%s
Si
ref
2%s
—1981
7$t_
51%
A
J-J
101
1st
&
ref
2%s
1978
F-A
1937
61%
J-D
t§APhilippine
105 Va
Phillips Petroleum 2%s debs
100 %
16
93 %
93%
F-A
F-A
95 Va
Cons
93%
93%
2
90 Va
—
91%
2
87 Va
92
a
^
A"-O
—
.
92%
8;
--
95
—
—_
114
■
'.
■.
110
106 Va
99%
101 Va
101% 102'A
18
100%
102'A
14
99'A
100% 100%
3
101'/4 101 %
7
9%
9
*8 Va
i
99
99%
99%
1957
Jf-N
*105%
1960
r-A
*103
gtd 4%s series I
1963
r-A
gtd 4%s series J
1964
Jf-N
Gen
102
101% 102 %
16
A-O
102%
101
102 V«
20
•83%
83%
2
75
69%
6
F-A
57
52%
3%s
50'A
60%
*51
52%.
49%
58
94%
92 Va
1978
A-O
.".90%
91 %
3
86%
91 y«
1951
F-A
100 Vi
13
99%
2000
Jf-N
A
2043
Jf-N
1973
B
.
Jf-N
—
J-J
1973
series A
•
*
J-J
2043
Mtge 4s series B
100
— —
Y New Haven & Hartford RR—
1st & ref mtge 4s ser A
2007
AGen mtge conv inc 4Vis ser * iwi
_-t,'
~'
—
—
L-
.-
99'%
—
May
100%
107
100 %
108
—
.
100
100
100%
103
2
101%
103
11
81%
J-D
83
81:%
107%
gen
1974
4%s series D
•Potomac
Elec
1st nitge 3%s__ 1960
Pwr
1st
mortgage 3%s
1st,mortgage 3s
1977
—1983
Providence Terminal 48—!
82%
83
81%
S3 %
4
92%
107 % 107%
81
92
80%
92
107%
15
109
J-J
100
J-J
1956
108
'99%
107
108
108
J-J
M-N
*—
100%
106
108
102
; 99%
107
106%
"
*102% 103%
Jf-fl
.——1963
100
107
F-A
102%
99%
99%
101%
103%
'
*95
69 %
.
*75
"
95%
70%
77
•
95
~6
—
67
100
Vb
72%
Public
.*
.
60%
60 %
38%
38%
61%
40
404
1,252
3s
Service
Elec
76%
81
1st
&
ref mtge
1st
Si
ref
60
69«/a
1st
&
48%
1st
!
37%
&
Gas Co—
debentures
&
ref
mtge
%
103- 103%
J-J
*108%
2037
J-J
*147%
2037
J-D
*218
Af-N
*104%
3%s—_———1968
mtge 3s
ref
103
8s
—1972
mtge 3s—
—
__
220
—
103
107%
108 Va
146%
148
215
215
104
104%
100%
102
Chester—
1st 4s
1954
*AN Y Ont & West ref 4s
June 1992
4s
1958
Light 1st mtge 2%s__1973
nnee
29
Jf-N
M-8
J-D
MS
\
J-D
1964
debs
'
83
J-D
1977
5s series C—
gen
89
1011/4
3
r-A
<.
•
99%
102% 102%
S3
1st
83
101% 101%
83%
Pittston Co 5%s inc
v\
A-0
A-O
v
J-J
114%
J-J
A-0
101
'
—
83%
*100% 102
1959
mtge 4%s seriea B
1st
'
M-N
1st mtge 4%s series C
I960
Pitts Youngstown. & Ashtabula Ry—
1st gen 5s series B
1962
1st
•
98%
90 Va
.—I960.
debentures
Pittsburgh Steel 1st mtge 4,%8;
1950
Pittsburgh & West Virginia Ry—
>
1st.mtge 4%s series A
,__1958
56%
55
series X
\
61
51%
;:V> *12
■
*53 %
,
J-D
A-0
64%
69
19
;
113%
110
1975
81%
V
11-
ser B
103%
109%
—
1970
73
69
—
8
B
60%
J-J
F-A
*110%
—•
108
103%
__
series A
68%
64%
74
F-A
99 %
107
102%
—
%
109% 110
series
3%s
144
63
71%
,
10
103
5s
mtge
mtge
131
64
73%
57
97
10%
102%
Pittsburgh Consolidation Coal—
J-J
54
9
5s
mtge
Gen
66%
A-0
.57
100%
100%
102'A
Pgh Cine Chic Si St Louis RR—
6IV2
2013
F-A
.
54%
57%
;
H
51'/a
54
58%
■
99%'
8%
101'A
*102% 108
92
54%
A-O
58%
8%
"
102%
J-D
209
;
F-A
55
101'A
28
'.1
__
*102
1953
1975
Pittsb Coke & Chem 1st mtge 3%s_1964
2013
.
116%
109
104'A
*100% 101'A
101%
;
gtd 4s series G
Gen
92% /
AGeneral
if' V
3
26
Cons
977/a
93
96% ;.
96
96
97%
N Y Power &
■
106
Pgh Cine Chic & St Louis Ry—
95
»1
CO ►—»
93%
deposit
Port
f 4s
Cons gtd 4s series F
92'%
&
s
deposit
93
97%
River
1st
of
90
J-D
Harlem
Ry
Certificates
89%
15
94
99 Va
104
A-O
series
96
104%
100'A 100:1,4
F-A
101 Va
103%
199#
4s
116
105
J-J
1964
___.
41
101 %
A-O
1954
ser F
West
104%
11
109% 109%
J-D
103%
i960
For
-
11%
99'/a
116
.
105
Cons
A
series
M-N
2%s
ref
&
1986
4s
M-N
ref
&
deposit
impt 4 Vis series A
lmpt 5s series C
Lack Si
.
J-D
1967
Si
Cons gtd 4s series
N Y Dock 1st
gold 4s
N Y Si Harlem
gold 3Vis
N
9
V
__
98%
—
J-J
1st
i!Lmt8:e 3s
4Vi§
12%
*103%
■
J-J
1974
4Vis
1st
Chicago & St Louis—
Ref mtge 3 Vis ser E
Mtge
1977
1961
1971
tr
1st
98
104
New York.
N- Y
B
coll
1
__
104
1986
Connecting RR 2%s
F-A
series
Co
106
A
Zlfis
«.
60
54
Wash RR Co—
Si
5s
103%
—
•.
Central Si Hudson River RR—
General mtge 3 Vis
1997
3Vis registered
1
1997
Lake Shore coll gold 3 Vis
1998
3Vis registered
Mich Cent coll gold 3Vis
1990
3Vis registered
1999
N Y
1974
Bait
General gold 4%s series C
103%
——1
■
N Y
,
110
52%
12%
Jf-8
117%
Central RR Co—
4s
&
1980
General
deposit.
of
Marquette Ry 3%a ser D
Phila
*
...
New York
Cons
110
53 'A
F-A
101 y*
99%
'
D
of
1974
1st
J-J
1950
of
series
100 Va
*80
deposit
C
ACertlficates
105%
98%
1
*104 J/4 106 Va
Jf-8
1964
of
V£v '
Pere
105
104
1
104 Va
& Pekin Union Ry 5%s
Peoria
Pittsburg Bessemer Si L Erie 2%s__1990
1974
B
Certificates
103'A
10
104% 104%
*New Orleans Texas & Mexico
Ry—
1st
Apr
■
Light 3s
New Orleans Great Nor
5s A
1933
New Orleans &
Northeastern RR—
Ref Si Imp 4 Vis series A
—1952
New Orleans Term 1st
gtd 4s
1953
A 1st
A-O
Philadelphia Electric Co—
1961
Supply 2%s debs
debentures
Jersey Bell Telephone 3Vis
A
100%
86%
1st gtd 4Vis
A
99%
30
89%
F-A
Naugautuck RR 1st gold 4s
New England Tel & Tel 5s
A
A 1st
84 Va
6
86%
J-D
1960
ext
4s
4s
_1980
debentures
National Steel
Corp 1st mtge 3s
3s
A Income
Dairy Products 2%s debs 1970
National
New
Eastern
&
1963
Apr 1990
debentures
conv
Peoria
St Lools—
102% 102%
8%
7%
*3%
—•
—
.
,.,
100
8%
1
103%
63
7%
3 Va
5
51
98%
100
4
100
102
11%
Q
©uak»r
Oet«
deb
—
J-J
*100% 101%
Volume
Number
169
THE
4805
COMMERCIAL
&-FINANCIAL
CHRONICLE
+'
(2233)
29
•
NEW YORK BOND RECORD
RANGE
Friday
Interest
Last
Period
BONDS
Sale Price
New York Stock Exchange
FOR
WEEK
ENDED
MAY
20
Friday's
or
Bonds
Bid & Asked
Low
Range Since
Sold
High
No.
Low
Gas
4
5
86%
86%
MS
1967
MS
1969
1949
0
MS
J-J
1941
"/'V
MS
1967
86
93%
102%
Electric Co
Union
104
1st
1971
2%s
stamped
4Vis
J-J
125
Oil
Union
2%s
.
.
__
A-O
] 03
<T16
105%
8%
8%
Lawr
1971
1996
1996
Adir
1st
gold 5s
—
1st
mtge 4s
2
10
A2nd
St
mtge Inc 4%s ser A
Louis-Southwestern
1st
12'%
Ref
series
2Vis
mtge
Biscuit
United
J.J
2d
■
St Paul &
St
Paul
1
100
',-r
77
100
1
OO
S
of
Co.
F-A
1991
MS
A-O
C
84%
r-4 o CO
J-J
Union
85%
197b
53%
181
108% 108% ■
Dept 3VaS B
1st gtd 4s
90%
93%
93'%
6
93%
96
78
79'%
101'%
94%
93'%
96
3
96
75%
15
96
.96
80
A-O
J-J
1958
103%
106'%
M-S
2003
91
85'%
M-8
A-O
83
100
105
•>_.
;
__
106
107'%
*115
106
Virginia Electric & Power Co—
109%
101
M-N
1963
f 4s series B
F-A
1957
1975
61%
105
15
99'%
V
88%
2
103
8
98'%
*103%
103%
107%
110
104
104
83
98
96
__
-.
10
% 10874 108%
103%
__
84%
83
:
100'%
102%
100
*99% 100
15
i
'
J-D
106% 106'%
■'
A-O
1971
1989
Scioto V & N E
90'%
102
'L'-.'".;.;
92
MS
1955
51%
7
2
92'%
.
93'%
A-O
76
83
.
103
92%
101 '/e 101 Va
M-N
1967
100
99 Va
123
52 %
J-J
ctfs
--I
86
77
„
101
100%
1017s 10174
Amer—
Ri
Cons s
0s*
\ M-N
Nov 1989
bond
104%
99%
■>100% 101
.1978
*
53
Gen & ref gold 5s
103 Va
103'A
~7
100'%
70
77
•'
97%
—
74
—
May
series A
—1990
Duluth 1st cons gold 4S.1968
inc
4s
0
'
J-J
;—1989 V
100 Va
100%
103%
103 %
'%
J-D
1978
debentures.
Ry—
certificates
bond
4s
J-J
noo% 104%
m
J-J
A-O
1997
Jan 2022
A
series
MS
1955
3s series A
Power
&
gold 6s
St L Rocky Mt & P 5s stamped
St Louis-San Francisco Ry Co—
109%
100
RR—
Pacific
2vbs
10
8'%
8%
■>8
106%
1967
deb
3s
1959
2d
High
108%
13
<■99% 100 '%
1970
Calif
of
2%s
St
Jan. 1
Low
■>102 la 103
M-N
-1968
debentures
Union
-_
U
Saguenay
109%
M-N
1975
3%s
of Mo
mtge & coll trust
debentures
1966
mtge 4 Vis series D
Gen mtge 3%s series H
Gen mtge 3Vis series I
<"*-n mtae 3Vis series J
{ARut-Canadlan is sxampcxi
RR
109%
Range Since
Sold
No.
'
1977
Gen
{§ARutland
Bonds
Asked
High
109
High
3s
Corp—
Elec
&
86%
103% 103%
A-O
(R J)
Rocnester
Bid
Low
Sale Price
Period
New York Stock Exchange
U
M-N
Tobacco 3s debs_. 1973
Reynolds
Last
Interest
BONDS
Jan. 1
R
Reading Co 1st <te ref 3%s ser D_. 1995
* Week's Range
or Friday's
Friday
Week's Range
*
'V;
102 %
—
106%
1995
M-N
100%
102'%
1973
A-O
127
128
100
7
__
102%
18
99% 100
*105%
__
105%
103'%
—
■
M-N
■>127'%
••
—
—
Seaboard Air Line RR Co—
1st
Shell
Oil
Union
1971
A-O
F-A
debs__
Southern
3s
Bell
1965
1976
1963
debentures
Southern Indiana Ry 2%s
Southern Pacific Co—
1st
4%s
Gold
J-J
F-A
—-r'
'A "•
1977
A
MS
M-N
86%
M-N
83'%
Co—
95%
.—1986
1st mtge 2'%s series G
1961
J-J
1994
J-J
1st cons gold 5s
gen
4s
gen
6s
&
92%
89%
100 V2
1956
104 %
\
89
debentures
67
16
104'% 105'%
33
Apr
M-N
1971
F-A
Sunray Oil Corp 2%s debs
1966
Swift
1972
J-J
1973
M-N
&
Co
2%s
104% 104%
1967
J-D
106% 106%
1966
J-J
2%s debs
deb 2%s
debs
debentures
Ltg
stpd
5s
gtd
3'As
mtge
West Penn
3'As
Power
series
I
55 %
53%
53%
99%
May
100%
1950
M-N
99%
1951
M-S
Funding
gold
4'As
estate
5s
98
5s_
2%s
108
104
97
10
*41
46
*102
105%
52
42%
102%
95%
100'%
100
100,nu
J-D
M-S
Pacific
&
Winston-Salem
B
S
1st
4s
1958
A-O
J-J
1949
J-J
96%
97
§ Aist
97%
15
98%
ACertificates of deposit
§ASu & Du div & term 1st 4s_„1936
{Wisconsin
101% 101%
,
Central
general
.
Ry—
K
J-J
116% 116'%
A-O
100%
100% 1007s
M-N
105
105
A-O
A-O
5s__.
2000
J-D
1985
J-J
115 %
4s
Public
:
Service
33
105
106
gold
95%
126% 126%
,
98%
~
Yonkers
97'%
1
118%
9
98 %
97'%
.
Pacific-Missouri
a
Elec
Lt &
Deferred
included
127
in
delivery
the
year's
included
the
Bankruptcy Act,
in
the
§Negotiability
1974
Tol & Ohio Cent ref & impt 3%s_
J-D
1960
J-J
A-O
v
1960
1961
*102
26%
102%
54
55 %
59
28 3 4
137
26'%
J-D
*—
MS
—
100%
102
50
99%
7634
77'/2
3'As
sale
46
45%
46%
113
78
72
156
74%
*
74%
41%
%
j'-D
49 %
4674
41%
■
._
97'%
2
95%
97%
101% 101%
5
101%
101 %
10
104%
105%
97'%
M-S
105 % 105%
105 Vis
J-J
1971
J -J
1976
included
not
range
n
Impaired
{Companies reported
71%
•■.
•
.
...
...
—
by
"
94
95%
.V
102
*Friday's bid and
99%
100'%
ABonds
selling
d Ex-interest,
range,
e
Odd-lot
the year's range,
maturity.
\!
being in bankruptcy,
as
year's
94
r
sale not
Cash sale
y Ex-coupon.
securities assumed
or
the
in
Under-the-rule sale not included in
45%
21%
1
asked prices;
no
by
receivership,
such
or
•
reorganized under Section 77 of
companies.
sales being transacted during current week.
flat.
NEW YORK CURB EXCHANGE
Weekly
and
record
yearly
In the
following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, May 14
ending the current Friday, May 20. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
bend, in which any dealings have occurred during the current year.
and
or
RANGE
Friday
STOCKS—
Week's
Last
New York Curb Exchange
Sale Price
Par
ACF-Brill
Acme
Motors
Aluminum
Acme
Wire
Adam
Hat
Low
Shares
Co 'common
2
__
10
ENDED
MAY
'
20
-
Friday
STOCKS—
High
Low
2
300
Par
High
% May
1%
Jan
Apr
3%
Jan
2
Sale Price
21 'A
21%
100
21% Mar
32Va
3%
3%
100
3% May
4%
Jan
1%
1%
1,8Q0
1% Mar
1%
Jan
6%
400
5% Mar
6%
800
5%
Cities
American
V"
Class
B
&
Power
Low
G%
—
Hoe
American
Electric
for Week
Range
of Prices
Shares
Range Since January 1
Low
High
High
Light—
——
American Fork &
Jan
Sales
Week's
Last
New York Curb Exchange
Range Since January 1
__
l
WEEK
for Week
warrants—.
Alloys
FOR
Sales
Range
of Prices
,
6%
6%
2,100
18
common
18
50
42%
44
11.100
6% May
Mar
6
17%
18%
Jan
Feb
'
{
f
Stores
Inc
1
1
Aero. Supply Mfg
Agnew Surpass Shoe Stores
Ainsworth
Mfg
common
Air
Associates
(N
Electric
Air-Way
•'
Inc
J)
Great
4.20%
Alaska /Airlines
Alles
& Fisher
S
50
pfd
6
87
Inc
1
common
Aluminum
■
$3.75
Co
of
Aluminum
Industries
Aluminum
Ltd
American
common—*
Mfg...
100
common
Car
Beverage
Book
For footnotes
class A
common
Co
see
50
33.
7
v*
674
300
Jan
Apr
Feb
6
5%
46'A
46%
97%' 97%
50%
6,200
,
100
Hard
Rubber
...
Feb
-20
21%
21 %
24%
24
Mar
25
Maracaibo
American
Jan
American Metal Products common
9'/2
46 % May
93% Jan
V
54
Jan
Mar
98% Mar
23% May
5'/2 Feb
26%
Jan
6%
Jan
51%
Jan
American
Meter
American
Potash
Class
B
American
V American
Co
Chem
class
1
A
1
45%
%
13
1,600
Amer
63
63
63
13
Apr
1%
Jan
Jan
1%
Jan
70
61
Feb
'
66
Jan
Angermnn
Jan
31%
21% May
25'%
17%
25%
Jan
Mar
Mar
31
*
Apr
Feb
Apr
Mar
15% Mar
3%
3%
4 '/8
7,100
3%
Feb
5'%
...2
874
8 7
8%
"6C0
8
Feb
10'%
Jan
34
Feb
41
Jan
28'% Mar
8
36
36
36 74
200
•
24'%
24'%
24'%
25
23 Va
Jan
24
%
24
24%
2,200
22%
Jan
22 %
22
23%
7,300
21% May
3%
200
%
13.800
Co Inc common
■
3%
—2
,10c
Anchor Post Products
1,100
1
./
Apr
Apr
13%
.
Jan
28'% Mar
'
Superpower Corp common—
$6
series
preferred
'
American Thread 5% preferred—
American Writing Paper common-
44%
34%
14
..25
.10
common
l'/8
45
Jan
31
-25
i
Republics
Seal-Kap
Jan
Feb
•
Co
&
10,500
2%
...I
Apr
,
570
22%
-25
Laundry Mach
Light & Trac common.
preferred
American Mfg Co common—
6%
3'/2
6% May
Mar
150
American
17%
-.
1,600
30
27%
12% Mar
2 74
29%
..25
Co
45% May
113% May
2% Jan
,32%
2'/a
29%
American
,
Apr
5
Jan
Feb
15% Mar
6
97%
6
~2%
Jan
-Jan
37%
111
convertible
Mar
92 74
3 %
convertible
American
95%
42%
Corp common— _10c
1
preferred
1
preferred
$2
$2.50
Jan
..10
com
American General
Jan
Apr.
&
preferred
Apr
83
3'/2
1
■
6%
Gas
.100
4%%
10'/2 Mar
/
.
Feb
21/2
-
.
•
100
page
15%
,
•
Co
3,100
15%
5
Feb
91
~5%
—
common
Bantam
1
•50
%
4
•
preferred
Goods
American
—;
America
cumulative
Aluminum
American
•
87
~
1
Altes Brewing Co
1
Altofer Bros common
85%
100
Allied, Internat-Investing Corp
,_1
Allied Products'(Mlch)
common—__5
,
8%
1
Southern
Power
7%
7% Jan
5
Appliance
Alabama
,
•
:
Alabama
1%
•
104
112'/a
53
J-J
M-N
1976
year's, range,
98'%
98'%
99%
■
102 Va
.
■•"■TJv":-
Power 2%s
not
101%
Pacific-
1960
•
9974
99
90
7
1
99'/a
Y
>
95%
90
~5
_.
7674
.
.
RR—
90
*113
■...
•
97
96 %
■
10274 1027b
10274
—
101%
5
105%
%6
9974
•
>
116%
99%
1
*99%
T.,
98%
•
77
80
8
-J
.
1.050
4%
300
5%
5%
200
5'%
B
5'%
100
4%
2%
<
Jan
25 Va
Jan
%
Jan
79% May
4%
Feb
4%
5'/8
Feb
6%
■'4% Mar
5%
"7%
8
Feb
Jan
3% Mar
'A Mar
58
!
101 ii
"
98%
,
1960
103'%
I
101% 101%
series E...
1st
Gen & ref M 374s
Texas
101%
100,7
3
,:,0
*97'%
J-J
—1967
94%
26
93, J,
98
98
1990
Texas
99%
100
138
1C0'4 100%
M-N
100
:
99
J-J
,v
101%
100%
35
99%
1992
102'%
95 Va
.1965
deb
Orleans
86%
1970
mtge 3'As series
Wilson & Co 1st mortgage 3sL
%
New
101%
79
1949
1st
i
99
95
1973
97
957s
1970
&
102
62
*98%
Wheeling Steel 3'As series C
98'%
96
103'%
.1985
Corp 3s
Texas
100%
99 3%
100% 100%
Gen & ref M 23As series A—
Wisconsin
Texas
99 %
80%
M-S
Wheeling & Lake Erie RR 4s
of St Louis—
2019
15
.
62
100'%
J-J
1st,.mortgage 2%s----_-___A____l979
RR Assn
10174
79
IP'7!
ACertificates of deposit..
Wisconsin Electric Power 2%s
Terminal
63%
54
9974
99
79
1951
2'As.
Mfg
&
debentures
conv
109%
52'%
99-% 100
J-J
debentures
2.65s
110
'
107%
15
100% 100%
-I960
Westinghouse El
i07
'
107%
Telegraph Co—
real
&
25-year
30-year
106%
106%
29
997s 100
95'%
10474
,
54 %
A-O
Union
'
1
10
,
56%
M-S
Western
7.
13
M-S
guaranteed
!
55
99%
101
2361
4s
Maryland
;
5
2361
1st
Registered
Western
50
99%
•
108
108
108
'
106%
,104%
5
51%
1st mtge 4s
1952
Western Pacific 4'As inc A
Jan 2014
Shore
West
116'%
.
102%
J-J
2%s
J-D
104
*105%
1966
J)
1950
1st ref
RR
92'
,
M-N
ASpokane Internat 1st gold 4%s__2013
Calif
Westchester
1
101Va
103%
108
97
Standard Oil of
(N
50
F-A
84'%
89
100'%
°102% 104
A-O
1983
92%
111%
89 %
0
J-J
Oil
105
F-A
87%
.
-I''
V
A-O
92%
79%
15
lOO'/s 100%
J-J
1951
Southwestern Bell Tel 2%s debs...1985
105
1970
101
20
111% 113
A-O
Co—
(subordinated)
debs
.
101
87%
90%
gtd gold 3%s__2000
Washington Terminal 2%s ser A..1970
95'%
81%
84
93'%
98%
100% 101
100%
•
92%
"
A-O
1996
Standard
Baking
5'As
101%
85'%
10
16
*8774
97%
98%
100
'
80%
99 %
M-N
conv
Apr
77%
94%
3
8034
A-O
1956
_
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
3%s
96
">87%
-w
1956
series A
series A
6%s series A
gen
44
83%
100
76 %
96%
debentures 3'As_1976
Warren
97
72'%
82
87
86'%
1
J-J
&
96
70
7
M-N
103'%
94'%
'l
72 %
82%
100
J-J
1996
&
lOO'/s
8
Apr
Walworth Co
>
series E
Devel
8
16
97
93%
J-D
series F
Devel
123%
•••"•
96
95%
6
71
97%
80'%
Apr
Gen
1st mtge 2%s
Devel
96%
123
•
•
72%
1969
Ry
95
83
80'%
80'%
70
97
-Jan 1981
B__Jan 1991
1st mtge 3'As series B
1971
Walker (Hiram) G & W 2%s debs_1966
Gen mtge 4s inc series A
Gen mtge inc 4'As series
54%
101%
?98Vs
1st mtge 2%s
Southern
97'%
25
29
102'% 103
__
95%
1981
RR
Wabash RR Co-
100
—
W
69 %
96
96
4
—
96'%
<T23V8
J-J
1st mtg 3%s ser A.1975
Pacific
29
"
1994
4%s
Southern
A-O
95%
96'%
J-J
4%s
San Fr Term
54%
62%
95%
■>101'/8 101%
■
—1987
——
(Oregon Lines)
Gold
96%
63%
Ward
debentures
-
96%
53'%
■»$%
—
15
109
96%
Co—
debentures
2%s
J-D
1979
Tel
&
62%
■>95%
96%
—
J-J
1985
Tel
100% 101%
63
J-D
Corp coll tr 7s__1941
2%s
{§ASilesian-Amer
101%
J-J
mtge 4%s series A
Jan 2016
(Jos E) & Sons 2%s
1966
Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s
South & Nor Ala RR gtd 5s
2%s
J-J
—1996
mtge 4s series A
A Gen
Seagram
Jan
Apr
Jan
Mar
.
«
{
THE
(2234)
30
COMMERCIAL
RANGE
Sale Price
New York Curb Exchange
Low
Par
Anglo-Iranian Oil Co
Amer dep rets
3 Vb
1
3 '/a
500
5%
5%
700
105% 105 %
310
5%
105%
Arkansas Power & Light $7
pfd—
8V2
9%
8%
9%
10%
10%
r8%
Clinchfleld Coal Corp common
Club
114% Mar
Jan l
6%
Feb
8%
16%
Feb
19%
22
22%
1,500
21% Mar
23%
7
200
'III*
Associated Tel ft Tel class A
Aluminum Products Co
Cockshutt Plow Co
Jan
2'A
Atlas
5
4%
5%
14
13%
14%
5%
5%
800
7%
[:;'7%
Corp warrants
Plywood Corp
Automatic Steel Products Inc
Automatic Voting Machine—.-——
Avery (B F) ft Sons common
6% preferredHie
—
Commodore
Jan
Community Public Service
Jan
Compo
Jan
6
Feb
4 "A
Vt.c
21%
Jan
Hotel
Inc—t——
1956
to
400
6% Mar
8 %
Jan
8
Mar
11%
Apr
25
Feb
Consol
900
15%
Jan
Consolidated Mining ft Smelt
Jan
11
Mar
Cook
7%
preferred
Baldwin Rubber Co
-
—1
5'
May
6
Jan
TT
;'r
5%
$1
600
1%
1%
6,200
37%
38%
900
35
4%
1,500
4
30 %
50
7%
7%
200
4%
65%
,t
'
400
9%
1,300
1%
300
1%
36%
36%
500
33%
7%
100
36%
110
7% May
26 % Jan
9%
7%
1
*
34"
~
common
—.——
Blue
Ridge Corp commonBlumenthal (S) ft Co common
(HO) Co common
5Mi* prior cum pfd
13%
11%
13%
100
11%
—
11
12
350
2%
66'
113%
70
100
9Va
Jan
104'
1,200
z8
1.000
83% Mar
3
1
15
10
1,200
—
16%
16%
16%
1VA-
Bridgeport Gat Light Co
Bridgeport Oil Co
1
Curtis
Mar*:
21%
300
21%
•"
Jan
*
Amer dep rets ord
bearer—
Amer dep rets ord
reg-
British Oelaneas- Ltd—
Amer dep rets ord
reg
British Columbia Power
21%
21%
Apr
15
Jan
fl
10%
19% Mar
200
1
9%
9
9%
4%
4%
5
Feb
1
8%
x8%
15
•
•
8%
'
4%
77/8
1,900
15 % !
300
15
4%
200
4
4%
1
May
May
3,000
14
9 '
450
7,700
2%
11%o
i7ii
2%
2,900
%
1%
11
15s
300
4ft
5%
3,800
3%
Jan
16Va Mar
Feb v'
4%
6%
36 Va Mar
75
34%
30'A
4.100
AptJan
42
3%
Feb
41 Vs
Feb
Jan
1
Feb
600
\l May
5
1.300
4% May
7%
Jan
6
6
300
5'/a Mar
6%
Api-
8%
Apr
•■"/. 13y4
Jan
u
6%
lit
7%
6%
12%
12VB
V
-
800
5Va
..
200
12%'
Feb.
Mar
12
*
2 VB
2%"/:
*> 700
3%
3%
4a.a
2,900
1
420
30
57
53
64
15%
15%
16%
2 VB May
%
2%
>
v
5
May-
17%
Apr
Jan
105 % May
Mar
5% Mar'/
8% Mar
"6
Jan
14%
Jan
33%
Jan
6-
Jail'
Apr'
—
Mar
.12
Jan
4% May
64
Jail-
14%
3.90J
'
Jan
102
1% May
25
23.
9%
r
.
/
Jan
9% May
30 *
14%
1,300
132
20'%
,
7%
Jan
134
May
15%
Jan-
2 Vb
1,100
2
Apr
20%
100
20
Feb
9%
/.
Apr
9%
Feb
•
20%
.
-11%
Jan'
11%
~
~2%
~2 Va
—10
8
20O
./
1
Feb
Feb
6%
•
Jan
3
32
500 i
134
13%
-
May
>25
9%
9%
134
'
13%
Jan
73/8
7%
•'*
60:'
•
1
13.-
9%
9%
400
3%
3%
7,600
32%
32%
25
13%
13%
900
3%
III
Dominion Steel ft Goal class B
Jan
2%
Jan
23%
Jan
Jan
.12
Apr;:
13 %
60 %
12% Mar
Jan
Apr
10% May
Mar
125
76%
275
10%
125
3%
3%
300
3% May
5%
Feb
10%
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
11%
600
10% Mar
12%
Jan
65
Apr
32%
74
Feb
79
6%
1
•
9%
—1
3%
9%
Jan
Jan
May
7%
Apr
1%
Jtl
Co
class B oommon—
Feb
Jan
29
Power Co
(The)
63%
75
Lit
Driver Harris Oo_
Duke
"May
14%
22%
63
Corp
Draper
33
Feb *
20% Mar /
9%
Jan
3% May
;
Jan
13%
Feb
10%
Jan"-
26%
Chem Co Ltd
Tar ft
14'A
Apr
6% Jan
/2%--
Dominion Textile Co Ltd common—.
2% Mar
Feb
5%
600
Raynolds class B
Dominion
Jan
Jan
8
May.'/
29
100'
111
25
—
25 *
/
5%
'
C
29
:5%
// 1%
•
Dominion Bridge Co Ltd
May
%
Apr
./ 29
•
Duval Texas Sulphur.
3%
14%
1,100
4%
100
Duro Test Corp common
3%
900
•
5%/''
40 Vb
32
32
1
Durham Hosiery
60s
5% Mar
3% Jan.
.1.B9
Mills
debenture-
Duraloy
Cable Electric Products common
Jan
'
22% Jan
12% Feb
15%
8
"HI
5%
Domestic Credit Corp class A_.
Jan
-
14%
8%
5
8 '
15%
i
40
Amer dep rets ord rig———< -£1
Dobeckmun Co commoni... ....
11% Mar
10%
Jan
4%
Distillers Co Ltd—
9Va Jan
20%
Apr
1,-200
8%
—1.89
—»
common
(Mo)—i
Mfg Co
Devoe ft
Jan
Jan
5%
Jan
11%
5%
B
Detroit Gray Iron Foundry
Detroit Steel Products
Jan
10%
•
Lighting Inc
8%
Apr
2%
Feb
May
11
1
23%
Feb
Jan
7% Mar
200
*
common
Derby Oil Co common.,
Detroit Gasket ft Manufacturing-
Jan
%
11V
2.60 '
2
2% May'
9
Apr
2,300
Buckeye Pipe Line———.
11%
21% Mar
1,400
—Id
common———1.50
Butler (P H) common
200
—•
Bruck Mills Ltd class B
Bunker Hill ft SullivanBurd Piston
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
23%
23%
class A——*
Brown Forman
Distillers
4% cum Junior
pfd
Brown Rubber Co common
Bruce (K L) Co
Apr );
Feb
Jan
i9o
8
5%
Day Mines Inc-.
—SB
Dayton Rubber Co class
-.500
Dejay Stores common..
Dennlson Mfg class ▲ oommon.— —I
Jan
1%
-——10s
—
Apr
11%
9 s,8
tl
5%
_10o
21% May
10
1,000
10%
Jan
2%
Feb
1,800
5%
6
•
Davidson-Brothers Ino oommon
-•
British-American OH Co
British'American Tobacco—
Tobacco
Davenport Hosiery
Feb
15
11%; Apr
13% Feb
—•
28%
Apr
%
1,500
D
Apr
22%
Apr
/
Jan
6
4% Jan
5
5 Va
Jan
7
18'
Apr
15%. Jan
5 Vb
Mar
Feb
16
2,7O5
8
Jan
Jan
14
Jan
74'
*
—
Curtis
3%
Mar /
5
4%
Jan
-7% Mar
33
Apr
lit May
11% May
25'% May
—100
preferred
6%
-
Cuban
Jan
1%
2
25c
*
—10
Atlantic Sugar oommon
Cuban
Jan
May-
3 Va
600
% /
%
%
1
—•
1
.
18
103 Va
Jan
800
12%
11%
5
preferred
May
40
16%
$6
Feb
12'A Mar
f
May
3
(ord reg)_£1
partlc
Jan'
Apr
May
"
3
50
Co common
Apt-
67%
Jan
1
Crystal Oil Refining common
•
Jan
7%
62
•
Breeze Corp common
14%
10
17
15
.-
Brazilian Traction Light ft
Power—*
Apr
/ 12
Feb*
23%
30
66'
100
x45
Feb
6
29'
*
Apr
58%
Apr
8
Jan
1
Cork Internat'l "A"
Crown Drug
32%
109
86%
Petroleum
Crown
Jan
38
Mar
14,500
.
•
Apr
9 'A
13% May
6% Apr
9
Apr
37%
Jan
250
3%
2%
3
1
Bohack
2
Jan1
Jan
7 Vb May
101% 104
1
60
Crosley Motors Inc
Crowley Mllner & Co—;
Crown Cent Petrol
(Md)
Jan
28%
10
1
1
•
Brewing Co
Croft
Jan
10
Feb
35%
Mar
5%
4% May
8% Mar :
•
Blckford's Inc common
1
Blrdsboro Steel Fdry ft Mach Co com-*
14
Feb
~4% Ii%
Feb
5% Mar
113% 113%
65%
•
dep receipts
Jan
40%
z8%
convertible preferredCourtaulds Ltd—
Creole
Apr
Apr
4%
z8
class A.
Apr
4%
85%
5%
7% May
Feb-
5%
'
lVa May
2,200
66
Jan
12
.
Jan
86%
Co
Jan
Feb
30%
Apr
5%
.
Jan
4%
48
4
•
5
10
Ltd
Car-Na-Var Corp.
preferred
Jan
16%
Feb
10%
.
36%
1
Convertible preferred-
13%
900
1%
.
"9%
15
—
200
7Va
7
——1
of Canada common
Benrus Watch Co Inc
Benson ft Hedges common
Brillo Mfg Co common
Class A-
5,600
14%
//: 14%
--
1
(A S)
Borne, Scrymser Co
Bourjois Inc——
"4
1
CO vW
14%
1
Shoo Corp
Bellanca Aircraft common
^
4%
Feb
34%
:
f
7%
1,500:
Reynolds common
American
Beau-Brummel Ties common
Class B-
Feb
May
3% May
1
CO
1
—■
Blauner's
4
Jan
8
Feb'
12
Paint ft Varnish Co
Corroon ft
8% Mar
7
100
8
1
1
I
$1.20 convertible A common
Basic Refractories Inc
—
Baumann (L) ft Co common.
Bell Tel
4
4%
Jan
2
,
11'A May^
3% Jan
1.800
11%
Cosden Petroleum common
Barium Steel Corp
Barlow ft Seellg Mf g—
Beck
Jan
5
8
——l
common
Banco de los Andes—
American shares
36'A
32% Mar
300
35%
35%
"
3%
Mar>
6,800
8
-
22
11%
Cooper Distributing Co
Cornucopia Gold Mines——
55% Mar
47% Feb
1,900
49%
49
200
26%
26
—1
Liquidating Corp
Continental
.•
49.':'/' /
—
Feb-
6%
•
4% preferred series C_
Consolidated Gas Utilities
B
■—
1%
5%
100
100
series B preferred
4%%
Continental Fdy & Machine
Babcock ft Wilcox Co
Baldwin Locomotive—
5,900
Shoe Machinery—
ext.
Consol G E L P Bait common
Jan
5% May
"
•
1%
5%
15
—1
Colt's Manufacturing Co
Jan
Consolidated Royalty Oil
V ' r\-
Mar
1%
1
Jan
22%
IV/2
n
—
Mai-
17
Jan
6% Mar
warrants
Colorado Fuel ft Iron
3%
13% May
23
Ayrshire Collieries Corp com
13
Jan'
2'A
1%
Sand ft Stone Co
400
7%
Jan
15
4%
1
1
10
9%
10 Vb
900
SB
Apr
51%
,
Apr
4%
1,800
4%
39
6,100
Atlas
1,200
2%
4%
Airlines
%
Feb
1 % May
125
12%
Jan
48Va May
14% Apr
5% Mar.
ordinary
Colon
Colonial
Feb
ft Mar
800
41
39%
41
—50
12%
•
common—
Development
Feb
7%
Jan
16%
50
2
2'A
Fisheries
Atlantic Coast Line Co
20%
20%
20%
Jan
1%
1^- May \v
Apr
i
8%
7% Mar
200-
8%
8
8
12%
20
•
2,600
-Jtl
American dep rets reg
•
Assarioted Laundries of AmericaCoast
10%-Feb
Industries—
Associated Electric
1,300
-4
Colonial
preferred
Aspinook (The) Corp
conv
Atlantic
Clayton ft Lambert Mfg—.
17
600-
14%
1%
9% May
16%
8'
Feb
12%*
1
9% May
16
8
38 Vb
•
Jan
113%
_2~60
24,600
1
10% 'Jan
*
_
—-—
43%
2%
1
Co
Mfg
Clarostat
Jan
1®
Co
Controller
Clark
Claude Neon Inc common.---——
22
Equipment Corp
Ashland Oil ft Refining Co
High
46%
Xl3%
0
City Auto Stamping
City ft Suburban Homes
Jan
5%
500
•10%
Low
%
2,700
47%
5%. Jan:)
25,000
Range Since January I
High
13
10
Cities Service common
Feb
3%
Low
-1
Mining—
8%
2Va May
Shares
1
105% May
Apr
for Week
of Prices
Par
3% May
Feb
5% May
8,900
9
:::io
2%
103%
1,200
8%
Arkansas Natural Gas common—
—
2%
2%
2%
•
Common class A non-voting—-.
17%
Sales
Range
Last
Sale Price
\
High
15% Mar
Appalachian Elec Pwr 4%% pfd— ._ioe
Argus
Apex-Elec Manufacturing Co—
$1.20
Low•/•"•/
High
£1
ord reg
Week's
Friday
Chief Consolidated
Angostura-Wupperman
Aro
>
New York Curb Exchange
Range Since January 1
Ltd—
preferred
20
MAY
STOCKS—
Shares
of Prices
1949
EXCHANGE
ENDED
for Week
Range
Last
WEEK
Sales
Week's
Friday
FOR
Monday, May 23,
CHRONICLE
FINANCIAL
CURB
YORK
NEW
STOCKS—
&
Feb
2% Mar
11%
9% May
Jan
4% Jan
Feb
JDables ft Wireless—
American dep rets B%
pfd
Calamba Sugar Estate
Calgary & Edmonton Corp Ltd-
fl
Calif Cotton Mills Co
4%
I
California
1
Electric
Power
Camden Fire Insurance—
Canada Bread Co Ltd
Canada Cement Co Ltd
6 Mi % preference
Canadian Canners Ltd
common
common
Class A voting
Class B non-votlng_
6%
20%
R
50
20%
Jan
22-'
Feb
22
20%
Mar
Amer
dep rets A ord
Amer dep rets B ord
(J W) Co common
common
Castle' (A M) ft Co—
Catalln Corp of America—
8%
200
Jan
7% May
10 Vs
Century Investors Inc—
May
77
Feb
69
Feb
75
Apr
9%
105
*
,'1%
40%
Sugar
"lVa
"l%
2,900
—
1
—
3
ft Share
45 Va
3
200
•
40Va
109
__
3 Va
2%
2T/8
1
f1
—u'
3,500
2
12%
■
Jan
8%-Apr
3%
Feb
6-Va
Apr
111% Mar
Mar
Feb
4'A Mar
13% Mar
Feb*
'
2s 8d
—
2
—-
Mar
x4% Mar
1
•
4
200
3%
3%
...
10
700 v
3%
29
'
-
—-
3%
1
3%
Feb
May-
3V2 May
/
2
Mar
5
Feb
4%
36c
4%
-
~
9%
1
76
76%
9%
100
10
•
400
•
•
__
7%
100
65
100
6V2
67
__
100
1"
..
6
2
1,370*
7%
63 5
890
.■
7%
6
50
6 Va
7%
400
Jan
88%
Apr
Firs Association
5%
Feb
Jan
5%
Feb
May-
3
Jan
Jan/
Jan
6 %
%
t
-1 Va.
•1 %
1
33%
w
'
200
1%
1%
32
200
/.
■
r
:
..
.
May
8% May
13% May
101 %
Apr
7%
Apr
Feb
Feb
11
3,700
33%
'
5%
10a
-
13% '
.
Feb
97
6
13%
13%- Apr
Feb
1% Mar
35 %
Jan
Mar
4
•
Feb
4% Mar
*
%
__
% May
4,800
.
-
It
■
Fishman
7% May
Jan
Jan
1
—
14
Vo
18'
Feb
Jan
Feb
'
12%
12%
4%
4%
11%
11%
•"
(Phila)
10
1
61%
1,500
12%
15,600
3%
14'
4%
12
2,300
8
Vb
Feb/ /;■
Feb
Jan'
61%
130
59%
2%
—
2%
700
28-%
50
2 Va Apr
27% May
16%
Jnn
5% Mar
Feb^
28%
61%
100
v
13%
65 V2
,
..
2%
Apr
Jan
Jan
33
Jan
16
May
(MH)
Co—
6c to tl Stores
Ford Motor Co Ltd—
Apr
3
Metallurgical
$1 div cum preferred
May
9%
Engine ft Airplane
1
1
First York Corp common
5
__
..
6
15,100
100
—1
ft Instrument
85%
7%
87k
Jan
174
Jan
Fansteel
Feb"
8%
10
15% May
Feb'-
140
2,530
Feb*
Jan
Jan
7%
64% May
10%
Jan
15
67
'
169% 174
1;
—
———
Falrchlld
Feb
''
Mar
6Va May
2,000
65,400
8%
10c
Ltd.
Eureka Pipe Line common.
79% May
5%
1
pfd
Corp
74% May
9 Vi Mar
55
Jan
9%
-
PSlrchlld Camera
76
100
6VB
172
—.
Equity Corp common
$8 convertible preferredEsquire Inc
6%
14%-15%
-
14%
Empire Millwork Corp—
——1
Emsce Derrick ft Equipment.
|V
Eureka
Jan
13%
60
50
63%
63%
63%
Id pfd i
Empire District Electric 1%
Apr
48
Jan
54%
11 % Mar
oommon
Option warrants——
Electrographlc Corp common
Jan
21
May
77/8 Mar /
200
3
45J
45 ?
1%
lVa May
12
—
—
—
% May
Associates—
Easy Washing Machine class B
Bond
Jan
Jan
Apr
46
50
46'%
shares -of beneficial int.
Electric
63
53
$5 pfd shares of beneficial lnt—
Jan
2%
1% May
400
2
Jan
37% Mar
37% Mar
*
1
1
i-»
3%
3%
.16
Electrld Power ft Light $7
Central Power ft Light 4% pfd
100
{Central States Elec 6% preferred—100
preferred—
Conv pfd opt div ser
Conv pfd opt div ser 1929Centhry Electric Co common
69
425
preferred series A
$0 preferred series B
Central Maine Power Co—
7%
200
71
3%
:$7
Jan-
7% May
»
3.50% preferredCentral Ohio Steel Products-;—
70%
70'A
Com
*"
Carolina Power ft Light $5 pfd
Carr* Consolidated Biscuit Co.—
Carreras Ltd—
69%
70%
Eastern
2.50
common
Apr
70
.100
com.
prior preferred
preferred
Eastern Malleable iron.
*
5
Carman ft Co
3
.109
6%
Feb
•
•/
4%
600
4%%
Eastern Gas & Fuel Assn
7% Mar
Eastern States Corp.
1
Casco Products
Feb
•
Marconi
Carter
6%
•
Capital City Products common
Carey Baxter ft Kennedy Inc
Carnation Co
7%
4,500
7
Feb
20%
"6%
—•
Canadian Industries Ltd—
7
preferred-
Canadian
8% Mar
53/4- Jan-
7%
10
Convertible
preferred
Canadian Industrial Alcohol—
<
4% May
3%-Feb;
1
—•
1
ord reg—
Amer dep rets
f1
'
14%
Feb
2,100
4%
Jan
800
17%
—
—
5Va
4%
5%
5%
Feb
'
Conv
preference
Cessna Aircraft Co
35 %
10
common;
3
1
3Va
3'
300
3
Jan
May
36%
Ford Motor of Canada—
Apr
4
Class A non-voting
Jan
*
•
—
Class B voting
19%
20
Feb!
Mar
20
21
Jan
Feb
23
'
Ohamberlln Co of America
Charls Corp common—
Cherry-Burrell - common
Chesebrough Mfg; common
Chicago Rivet ft MartE
Chicago ft Southern Air LinesVoting trust ctfsi
For footnotes
see
page 33.
2.50
7'/a
7Va
200
6% Mar
7%
Jan
10
7%
8
400
7% Mar
10V8
Jan
5
-
•*
—*
Motor
Amer dep
Pitt
of
France—
141
__
—»
11'
11
100 <
10% May
13%
Jan
Fort
61V2
75
57% Mar
64 Vz
Jan
Fox
14-
14%
175
14
May
17%
Feb
Franklin Simon ft Co Ino common
8%
9V2
300
6
Jan
10 V* Mar
8
8%
1,300
6
Jan
9% Mar
-
'
Brewing
1
1.25
Co
(Peter) Brewing
4%%
Wnllex
conv
u
nn:
1
8%
8%
200
8% May
8 Vb
8%
600
7
Mar'
8
300
8
Jan'
•8-
50
preferred
fG#n A*
%
800
•%
rets bearer
60
11
10
4
Ford
:
25%
I
8%
25%
9....
•.
•
100
500
23% Mar
7%
%
Apr
Feb/
Jan
10
Jan
9
Apr
t
8% Mar
)
-25Va
Jan
9%
Apr
;
.
j
YORK
NEW
RANGE
Friday
New York Curb
Exchange
of Prices
Low
Par
WEEK
(2235)
EXCHANGE
ENDED
MAY
20
Shares
Range Since January 1
Last
Sale Price
High
Low
High
5 %■
preferred—
Oellman Mfg Co
)—•,
100
1
—
common
91%
91
88%
50
5%
200
15%
92 %
r-
Alloys
1%
1%
1%
Builders
3
3
3%
l7/a
5%
Co
*
Supply Corp com—1
preferred
28
3%
conv
Feb
23 A
8%
Jan
5%
Jan
6% Mar
Apr
8%
Feb
Mar
35%
Jan
102 A
Feb
5%
Feb
£1
500
6 %
5%
1
preferred series A
—10
General Fireprooflng common
•
General Outdoor Adv 8% pfd
H00
General Phoenix Corp
1
General Plywood Corp common
50c
General Public Service $0 preferred—*
Georgia Power $8 preferred
•
$5 preferred
*
5%
.
Gilbert
(A C) .common
Gilchrist Co
2%
800
31
3%
Mar
18%
Feb
20% May
7% Jan
7%
7%
7%
May
12% Mar
700
12%
200
Apr
6A
12:
Jan
5
Va
5"
.
5 Va
,
8
8A
1
6Va
6«A
600
5%
Jan
Corp of Delaware
Feb
Apr
Le
Jan
Apr
21%
Tourneau
Lionel
Apr
11%
300
13%
Jan
14% May
1%
1,400
25
40 7
A.
1% May
2 A
38 A Mar"
43
"A
21
28
6%
80
Feb
56
Jan
6%-
6 'a
8
10 A
2,200
%
Feb
10%
1,900
9 A Mar
21 y4
700
20% Mar
22%
12%
12%
2,100
10 A
Feb
12%
25 Va
Jan
26
V 12%.
;
—
Jan
52 A
Jan
53%
Jan
5%
Jan
62 Va
Jan
7Va
400
49% Mar-
1,400
6 Va
10 A
11%
625
34 Va x35%
6 A May-:
i
1,300
110%
If Jan;
900
5%
7
11A
8
Apr
Feb-*
6 %
7%
—
7>A
Jan
11%
7 A
Jan
Feb
111%
Feb
142
Apr
23%
8%
%
U
100
85
100
74 A
■74 A
1
13%
18 A
•
ctfs of
A
150
50
%
4,900
26V2
Jan
23%
25 A May
Jan
21% Mar
24A
21A
24 Va May
8
Jan
-
17,500
%
Feb
Feb
Jan
Jan
9V4
Apr
200
-
May
88 A
Apr
125
77 Va
475
66 Va
Feb
78 %
Apr
18%
3.80'j
16 %
Feb
20 y#
Jan
111% 111%
10
111 A
Feb
11%
Apr
86 A
85
—•'
77
12%
13 A
400
13
12%
1
Feb
34 A
22%
23
1,
23
8%
-l$i
25
23
Apr
X136A
25 Va
13
200
Feb
113
14%
Jan
Apr
103%
•
dep
Louisiana Land & Exploration
Louisiana Power 8s Light $6 pfd
Lynch Corp
Jan
Jan
6 A Mar
200
A__
Chain'.
preferred B
Jan
Mar
24 Va May
•
common
Groceterias class
Jan
13
10%
II
Long Island Lighting Co—
Common ctfs of dep..:
7% preferred A ctfs of dep
'
A
150
6
::
1
Inc 6%'preferred
Lone Star Gas Co. (Texas)
Longines-Wittnauer Watch Co
May
yMar
4,700
54 Va
A'v:;
Jan
100
%
■20%
10'A
21
1
Class B_
Jan
400
:>M 4 A Feb'
54
Loklaw
Locke Steel
Jan
300
8
28
74A
—
Jan
Apr
ik
9%
%
Jan
14%
6%
10%
6A
9%
1
common
Brothers
Feb
91/4 Mar
—
«
__
Apr
20% Mar
'
...
Apr
6% Mar
23
900
22
'
1
—11
Co
Llpton (Thos J)
6
20 Va
1
common. <
Development
(RG) Inc
Corp
-
Jan
9%
Realty
OP
Line Material
Jan
10
Jan
La
—
1'
Monotype Machine
Salle Extension University..
5%
18%
..
Lanston
106%
16 A
'
1
Gray Mfg Co
Jan
Feb
200
40
27
10
conv pfd— 23
Graham-Paige Motors,8%
7»/4
Jan
2,300
*
Grand Rapids Varnish
900
Lefcourt
9%
•
common
7%
4
50
—
7%
Lamson
'■tf.'Y'.i; :;'y, \ "
•
Mfg Co
7A
Leonard
14%
•
Gorham Inc class A.
1
1
Mines Ltd
Foundry ft Machine
Jan
18 Va
9
14%;,;,
i'—
$4.50 prior preferred
Goldfield Consolidated Mines;
Apr
Mar
%•
17Va:
1
B
13%
May
1%
Globe-Union
Godchaux Sugars class A
Jan
Jan
Lit
9%
Inc
5%
8%
4
9A
17 A
(Adolf) Inc common
Apr
3,400
La key
25
—
4
12%
116
14 A Mar
Jan
500
11%
100
1,100
13%
4%
11%
Jan
113%
Apr
4%
1
Jan
95
25
11%
1
Lake Shore
106
A
114 Ms 114
*
Coal
Mfg
Jan
12
Laclede-Ohrlsty
Company
L'Aiglon Apparel Inc
2 A Mar
62
100
100
1
Gorham
2,200
3
2'A
2%
*
Goodman
A
3%
3%
Glenmore Distilleries class B
Class
1,200
*
Gladding McBean ft Co_
Gobel
32 %
32
1
Giant Yellowknife Gold Mines
Alden
10
"
Amer dep rets ord reg
General Finance Corp common
Glen
225
19 A
20
1
Co
20%
12%
—1
Stores
Brewing
High<
'
Feb
9%
Feb
Apr
Low
10% Mar
—I
Krueger
Range Since January 1
High1
Jan
...
125
23
23
Lou)
Apr
May
22 A
1,600
3
800
General
'Shares
_lt
Kobacker
Feb
Mar
100 A Mar
.
8
7A
5 '/a
5% May
1% Jan
8 Va
5%
General
General Electric Co Ltd—
Jan
Apr
for Week
of Prices
_•
(DEmil) Co common
(IB) Rubber Co
Knott Corp common
Kleinert
14 A Mar
Sales
>
Range
Par1
Klein
Gatlneau Power Co common
Week's
Friday
STOCKS—
New York Curb Exchange
for Week
Range
Sale Price
CURB
FOR
CHRONICLE
Sales
Week's
Last
STOCKS—
FINANCIAL
COMMERCIAL-&
THE
Number 4805
169
Volume
Great Atlantic St Pacific Tea—
110
Non-voting common stock
1%
1st preferred
•
—100
Great Northern Paper..^..—25
Grocery- Stores Products common__25c
Gulf
States
Utilities
$4.40
108
35
7% Mar
Gypsum Lime St Alabastlne
...
-
106% 106 %
pfd_—100
50
•
8%
102 >•: Feb
13 A
M
Maine Public
Feb
Mangel
106% Mar
Feb
13%
Service
Stores
Manischewitz
Apr'
(The B)
Marlon
Power
Lamp Co.—
Hamilton Bridge Co Ltd
Hammermill
Hartford
4%
8 '
4%-
•
Paper common
Electric Light—
300
8%
'
478
8%
50
.
6% Jan
9% May
Apr'
7% Mar
47
47%
240 '■
45%
McAleer
x50 %
Apr
Mfg
McCord
Corp
■
Hartford> Rayon common.
Harvard Brewing Co
1%
Hathaway Bakeries Inc
Haseltine Corp
L
1%
100
IV2 Mar
2Va
Jan
$2.50
1
1 Va
200 *
1A
Feb
2
Jan
McKee
8 A
:'
—1
——.1
Mar
9% May
A;
1
.■£!
•
Hearn Dept Stores common
6%
8
1,100-
a
7
6%
'
>
13 V
13
■
1.300
11
Jan
15%
Feb
Mead
Jan
8%
Apr
Menasco
10v: Mar
12%
Feb
Merritt
10
Jan
6%
•
Hecla
Mining Col
Helena
Rubinstein
Class
*
oommon
1
A
10
—25c
8 Va
25
16%
10%
100
8 Mi 96r preferred wrwi-w
TTT.
100
-
100
w
Vb
100
Hollinger Consolidated G M
41
8
8%'
Va
41Va
1
Holophane
Border's
Hormel
Co
15
Baking Co
Hardart
Si
5%
Si Co new com
•
100
(Harvey)'Inc common
Humble
Oil
Refining
Hurd Lock Si Mfg Co
Hus8man Refrigerator $2.25 pfd.
Oommon stock
Huyler's
Jan
5
1,900
8% May
334
300
27 Va
100
31%
14
25
40A
137
315,8
136
Jan
900
Feb
106% May
18% May
68% Feb
Jan
77 %
77 Va
79
8
3%
3%
44
•
9,200
200
125;
44%
I 21
79 A
4
2% Jan
Jan
l
common.
1st conv
preferred
Hydro-Electric Securities.
Hygrade Food Products
2
%
13%
I
47%
Feb
6.
Jan
Va
300
1%
Apr
3%
Jan
200
11A
Apr
22%
Jan
2 V4
300
13%
300
2%
•
Jan
Apr
12%
12
12
•
;
2
2
1
13%
2% Mar
Feb
2
12% May
Jan
18
Zinc
Amer
Co
•
common
rets registered
dep
6%
£1
7%
250
6% May
10 A
4%
500
4Vi Mar
4%
Feb
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada..
16%
16 Va
•
17
5,900
13%
17 A May
•
16%
'16%
16%
900
14 %
Feb
12 A
12%
12 A
900
11%
Jan
& Ireland
11%
10
International
Cigar Machinery
International Hydro-Electric—
96
11'%
56%
80
~7A
7%
,
12 A May
Jan
98
400
12
300
58
1,100
7A
•
Investors
■
8
7A
10
International Safety Razor B
International Utilities common
7%
1
14
8
A
t c
A
13%
•;
104 A
Apr
Jan
110%
Feb
10% Jan
12%
Apr
Jan
47
58
May
Co
Mid-West
Wohl
i'<f
15
*
300
1A
Feb
200
14%
Apr
5 A
400
%
4.80 %
1%
17
3% Mar
%
400
Plan
—1
Jim Brown Stores common
Preference
ft
W—
tJu.'
—
-
Co.
'
-
'
•
:+
Kokenge
'
Muter
Namm's
Jan
5%
700
4%
Feb
6 Va
Jan
3 Va
3%
500
3 A May
5%
Jan
3 A
200
4%
Jan
"
—
3V2 May
19
Feb
20A
Jan:
1
Kansas Gas ft Electrio
7 %
pfd.
5
126
5%
23,500
126
10
5
May
123 Vt Mar
12A
>
Kennedy's
Inc
12
<*"
■:
4A %
7
10
Kimberly-Clark Corp—
Kings
12%
7'A
•
'A
10%
•
..10$
preferred
•
250
11%
100
x7
300
.
9A
103
4%
5
Feb
4%
Jan
17 V»
13 A
1,200"
17'A May
19
A
Jan
•
22 A
22%
20
Mar
22% May
2%
2A
900
Feb
3 Va Mar
7
7 Va
1,100
8%
8A
800
Bellas
Hess
Breweries
Fuel
National Rubber
Feb
Apr
89%
Jan
33 A
33 A
•
172
170
171%
110
34
100
3%
3%
300
31A
11A
12%
2,700
32
32
32%
1,200
21
21
27 A
28 A
750
9%
9%
100
2%
3y8 Mar
95
Mar
101%
Apr
Apr
2%
Jan
167A Mar
Jan
176
Apr
37'A
Jan
4%
Feb
11'/a May
31% Jan
14'A
Jan
33
3A
33 Va
Jan
17
Feb
Feb
103%
Jan
Mar
97%
50
8% Mar
May
98
2,900
22%
Jan
A May
Apr
28
Feb
10 Va
11
28
100
1
•
common
*
Jan
1
NestA Le
Mur
Feb
13%
Jan
9
Feb
12 %
Jan
13
Jan
24
8%
Jan
2
4
10
'
1
30o
Feb
13 »A Mar
New
Feb
13
Jan
Net*
Mar
Feb
9Vi Mar
12 V* Mar
1.700
3 Va
Mar
Jan
105
5A
Clock
Haven
&
Watch
Mar
New
Park
Apr
New
Process
Mining
Y
Y
&
—1
2%
2%
2»A May
3
Jan
N
Y
Merchandise
1
10 A
10 A
N
Y
Shipbuilding
2,600
10%
800
1?6
2,000
9A
Feb
12%
Jan
1TV Mar
1%
Jan
Auction
Co
common
Honduras
Founders
shares
Rosario
Mar
5A
2% Mar
;3%
Jan
200
29% Mar
33%
Apr
31%
32 A
Jan
Va
Va
Jan
9%
Feb
Apr
11%
Jan
9 Va
100
9 A Apr
11 Va
10%
7%
600
7
May
6%
500
6
A Mar
7A
7%
' 7A
700
3%
700
6
7'A May
17% Mar
"3 A
2%
2%
Jan
8%
8
A
7
6
34
Jan
400
8
6,200
9
3
4,100
3
Apr
2% May
Feb
Jan
Jan
9
8% Mar
18 A
Apr
3% Mar
4%
9
Jan
May
14 %
Feb
Feb
5%
Apr
6 A
Feb
78% May
87%
Jan
6%
78%
84%
800
1
1
200
1
3%
3%
150
3
56%
56%
58%
2,000
9 A
9A
9%
2,000
1%
1V2
3,400
16 Va Mar
Mar
2%
Mar
7 Va
Jan
6
Feb
11%
Apr
1%
Jan
1%
Apr
Apr
75
Apr
8
26%
10 A
10%
18 A
19
150
Corp—
18A
1,000
Jan
67
8%
*
10
10
Jari
Apr
56 Va
65
*
!
3
A
8%
5
1
,
11% May
200
2,400
8
3
1
1
Land—,
Co—:
N
1%
81
20
25
Co common
N
33%
200
4'A
3'A
34
1
Co
New Jersey Zinc
& Arizona
31%
100
convertible preferred
Mexico
11%
4
*
"England Tel & Tel
4 >a %
11%
3%.
~3
8
8
class A
Co
11%
1
common
Neptune Meter common
Apr
Apr
97
30
Jan
2%
Jan
Jan
Jan
Jan
2%
10 V*
Feb
2A
1
7%
32 Vat Jan
93 A
6%
IN
Apr
24
200
•
common
9 V4
Mar
33.
100
Feb
1,800
2~B0
(Herman)' Corp
17
page
25
30
—10
Machinery
Feb
For footnotes see
6% Mar
8% Mar
7
—
National Steel Car Ltd
Jan
...
2 Vb
3
I
National Radiator Co.,
15
1 Va
97% 97
1
& Stores
Mfg
26%
:%•;
25
29%
I100
National Pressure Cooker common
200
■'
200
Mar
2%
—25
225
■
,
10 Va May
7
Tel
&
Gas
15JA
—
2 A
_10o
preferred
33
—1
Feb
Mar
30
10
15'A
Lake G M Co Ltd
Jan
16 A
10$
common
32 A
Klrkland
2%
1%
9
-1
Corp
15'A
2Va..
Apr
23
-
common
1
—
8 Va
11A May
3A
Jan
-10
Tel
States
4%
Petroleum—
Feb
375
of America
Corp
King
Klrby
Apr
6 Va
300
pfd series B
:i6o
cumulative preferred
Seeley Corp
Kingston Products.
Feb
32 Va
3%
Society com class A.
Inc
National
New
4%
8%
Apr
7
12%
—
126 V*
'
County Lighting common
7 A-May
Jan
31%
—1
'
Key Co common—
Kldde (Walter) ft Co..
12,600
1% May
3%
'
■
7A
•
•
National Mallinson Fabrics
Nelson
5l/8
_10«
Co
Jan
...
50o
National Union Radio
Kawneer
9%
G%
50
—•
pfd—100
National Transit common
K
Kalser-Frazer Corp
Apr
% May
5% May
HA
Producers
Nachman
Jan
3%
—
7Va
16,300
■
N
Apr
2% Mar
3A-
.V'A
Feb
100
1%
—
Jan
200
—-
5%
•-
75
common
Company
1%
Jan
2%
0
—
May
7'A
■
Mar
5
%
7
Mar
48
300
Va
7'A
1 '/a
Apr
SVb
—1
5
6
Jan
Jan
10 A
1
Mfg Co
Muskegon Piston Ring common
Muskogee Co common
6%
2%
"
Jefferson Lake Sulphur Co
5
5Va
3%
45
9%
Montgomery Ward & Co class A—
Moody Investors partic pfd
National
2%
Apr
3,600
common
pfd
cum
1%
—1
Jan
5 Va
11.800
Corp
cum
National
Julian
Co
4.40%
National
Jeannette Glass Co common
109A
May
16,000
15 A
4%
Feb
33/a-Mar
V.
—
__
—
—
Jan
108%
7%
Monogram Pictures common
Monongahela Power Co—
Mountain
—-v;
400
10
Murray Ohio
Jan
.
6
_50o
Feb
Apr
■
Feb
2%
Refineries
Mountain
4%
5
1%
Co
Midwest Piping & Supply
Morris
200
4%
~4%
■
Miller
5%
•
Jan
1
5'A
7'A-
common
Oil
Mid-West
1,700
Jan
1%
•
Abrasive
Midwest
1 Va
dividend shares——.*
$2 non-cum
Midvale
Jan
11%
Apr
1A
13%
2,000
7%
Midland Oil Corp $1 conv pfd
Midland Steel Products—
11A
% May
12% Feb
2Va
14 A
5 V
22
8% Mar
Jan
1% Mar
14%
1
11
300
15%
14%
500
8
Corp—
Feb
600
Jan
Feb
7%
*
10
t c
v
West
May
-
Feb
7% Mar
32 A
9%
2.50
common
7A
7 A May
37
2Bo
Mt Vernon-Woodborry Mills
1%
15
1
Italian Superpower Corp com cl A
200
15
1%
•
3,200
10%
10'A
A
.
Royalty
v
Co
20%
shs__•
•
coupon
International Products
Fireman Mfg
Irving Air Chute
Jan
88A
•
shares.
Iron
10%
20
107
106
11%
400
Feb
27% Mar
1
Mountain States Power common—
Preferred $3.50 series
International Petroleum
12 Va
94 A
106
•
International Metal Industries A
Registered
11%
'
•
Jan
35
100
Corp common
Monroe Loan
£1
Insurance Co of North America
\
12% May
Indianapolis Pwr ft Light 4% pfd—100
17%
_1
Ex-distribution
17A May
8
Imperial Tobacco of Great Britain
Feb
ft Scott Corp—
Co
Molybdenum
Feb
£eb
13%
1
Co
Jan
4%
.
il
3,000
•
Missouri Public Service common
Imperial Chemical Industries—
2,600
_J•
4A% convertible preferred
Mining Corp of Canada
Minnesota Power & Light 5%
I
Illinois
Class B
Middle
*
Apr
43
4
warrants
1%
14%
1
109% May
100
191A
Jan
Mar
2
1%
13 A
Micromatic Hone Corp
.1
Middle States Petroleum class A vtc
1
32% May
3 30
19"'A
Jan
6V*
1%
15
Jan
144
Mar
30 A
Jan
17%
42% May
Feb
32^%
-T':,
..
10
31
May
B
preferred
Michigan Sugar
6% preferred
Jan
3 A May
13 A
Michigan Bumper Corp
Michigan Steel Tube....
Apr
A
Feb
Feb
6
Participating preferred
3% May
106% 109%
109%-
•
50
42%
&
Metal Textile
Jan
11
27 A May
14
42:,4
137
48 A
Jan
3
Jan
" 100
17%
Feb
Feb
8%
19%
A May
15 A
3
Co
Iron
6
500
2
-
A
Mesabl
17%
6 A
•
Chapman
8A %
May
6 A
2%
Feb
1
:
Dredging
Mfg
Jan
Warrants
74*t May
8% May
Feb
41A May
14
137
Jan
11
96
:
Mar
A
<-
10% Mar
Jan
325
4
9
27 A
"•
;
•
—5
&
42 a
8%
..
___•
common
preferred
Hubbell
8
3%
•
A)
Horn ft Hardart
Horn
3%
•
common
Inc
(Geo
9A
93
68
V
10
Holly stores Inc
,
•
1
ft Co class A
8A
10% Mar
2
—
Henry Holt & Co common
Hoe (R)
8A
"
,
preferred
1,800*
•
Heller Co common
i%
10%
10
38
May
2%
10
.4
& Co class
Johnson
37
1
common
preferred
McWilliams
Apr
*1
common
(AG)
Apr,
25
-10
convertible preferred
McClanahan Oil Co common
Jan
25
_J1
common
Co
Apr
•1
5%
17% Mar
15% May
5
25■
_
4%
Apr
14 A
Marine
Shovel
Massey Harris
Hall
13%
Feb
•
Communication Co Ltd
H
Jan
13
.10
Co
International
Feb
10%
_1
Co
common.
Mapes Consolidated Mfg Co
Marconi
8%
7% Mar
Macklntosh-Hemphlll Co
38% Mar
Jan
A
Jan
Feb
30%
Apr
10% May
13A
Feb
I6V2
20
Apr
Jan
31
32
COMMERCIAL
THE
(2236)
EXCHANGE
CURB
YORK
NEW
Monday, May 23, 1949
CHRONICLE
FINANCIAL
&
"
FOR
RANGE
Sale Price
New York Curb Exchange
V'.
I
5 %
1st
preferred
5%
2d
preferred
100
.Class
B\ optional warrants.—Niagara Share Corp class B cpm
5
North
American
Class B common
Inc
Corp
Novadel-Agene
;
Jan
10%
Apr
.':/,
8%
1,000
7%
Jan
8%
Apr
200
%
31%
700
28%
32
700
28
1,800
13 %
Sonulte
Scoviil
Apr
Scullin
Steel
2.
89
13%
600
13 % May
15%
Jan
Corp
Brass
4%%
50o
common
Co class B
Power
Oklahoma
Natural
Poindexter
Ola
United
Oliver
Omar
Gas
15
com
Jan
30%
8%
500
8%
8%
9%
Jan
15%
14
14
Jan
227/a
Jan
300
common-*
Shoe Corp
Canada
Pacific Gas
&
5 % %
1st pfd
Paoific
Pacific
Power
&
Public
$1.30
1st
1,100
32 %
Apr
36
29%
Apr
32%
Jan
100%
Apr
104%
95
95
Jan
98 '
Feb
19
May
•
23%
Jan
25%
Feb
38 %
Apr
38%
Apr
2%
Apr
•
common
Oil
2%
2%
2%
16,900
8
Sioux
Smith
Jan
4
20,100
7%
Apr
11%
15%
15%
50
14%
Apr
17
5
20 %"
20%
50
19
May
24%
Jan
Parkersburg Rig & Reel
Patchogue Plymouth Mills-;.
1
13%
13%
500
13
Feb
15%
Jan
55
Mar
80
Jan
Patican
2
4 %
1,900
3
Jan
41%
42 ','4
1,650
23%
29
Parker
Pen
Co
*
•
Ltd
Co
7%
7%
_
Corp
4
4',
5%
$1
Telephone
cumulative preferred
$1.32
cum
42
•
common
Oil
23 %
25
150
25%
Jan
27%
23
preferred
r%
;■
Apr
Apr
Pennroad
Corp
Penn-Dixle
common
Cement
Traffic
Penn Water &
Governor
(Mass).
Jan
2% Mar
Jan
106 % May
—
4%
; 4 % May
.35%
550
£
9%
.
1%
.
Ltd
Jan
Stahl-Meyer Inc
Standard Brewing
Apr
Mar
200
9% May
1% Mar
3%
Jan
Feb
13%
Apr
8%
Jan
Standard
Forgings
24%
Jan
Standard
Oil
13
13
600
11
7
Jan
21
20
21
900
20
,t;
May
10
>'
Convertible
Standard
preferred
Corp
Dredging
$1.60 convertible
2%
2\l
1,100
2%
Jan
3*A
Apr
Common
1
2
2
2 %
600
1%
Feb
2%
Apr
$7
2
.11
11
11%
500
xl0%
Feb
11%
Jan
...36%
Feb
39
"2%
1
-
;
Pittsburgh Bess & Lake Erie RrI—50
Pittsburgh & Lake Erie
I
50
Pittsburgh Metallurgical common
8
61%'
Polaris
64%
17
Power
&
Corp of Canada
1st
3 %
3%
,
13%
50
preferred
class
4%
Jan
(The)
10%
—
13%
32
25
13'%
33
14%
8%
10%
10%
400
32
7%
May
Feb
,
Apr
95%
Jan
38
11% Mar
250
x8 %
,
8%
Jan
,
.
Stinnes
8% May
.
Stetson (J B)
Stop
3 %
1.700
7%
7%
7%
2%
700
10 Va
Jan
11 Va
Jan
Stroock
1%
Apr
1%
Jan
Sunbeam
900
7%
Apr
8%
Jan
Sun
Jan
10%
Jan
Superior Portland
Jan
100 %
Jan
j*
97
97
99
175
95%
•
57%
97%
98
275
94%
•
.12%
3 2 %
13%
800
12%.May
10
10
8
9
50
Jan
Mar
5%
10
,'j
(S)
& Co common
Corp
Taggart
preferred-
Manufacturing
Power
540
85%
Jan
92%
Jan
Tilo
20
143%
Apr
148Va
Jan
Tishman
14 %
125
13%
Feb
14 %
14%
14% Mar
Roofing
Tobacco
Cement, Inc
Todd
%
Light 7%
&
Co
Jan
42 %
119
37
Jan
44
"Apr
42%
24%
17%
i8
53%
5%
Stix Dry Goods
Richmond Radiator
v
2
Gas
;
1
-
'.
IS
Jan
Jan
19
2 Va
80
28
28%
500
29%
29%
5,800
28
27%
27%
3,700
26% Mar
29%
24%
24%
24 %
300
23 Va May
26% Mar
...
33
33
33
Rolls
dep
Cable
1%.
1
Inc
pfd F
2%
100
""%• ~>a
200
2%
—
Roosevelt
Com
Field
3%
7
I
'
7
18
'
18
&
(The)
Corp^
Russeks Fifth Ave
Ryan
Aeronautical
Ryan
Consolidated
Rverann
Havnes
18
21%
19
Mar
2,000
28%
300
1%
Feb,'
1%
1%
100
1%
70
112%
Jan
6%
600
3 %
2,800
63/4
3
3
5:
2%
2%
139
6% May
2% Jan
2%
2%
2%
1,400
2
Jan
3,Va
3%
4
1,500
2%
Jan
31% May
Feb
133 Va 135%
Feb
May
10%
Feb '
1%
Apr
4% Mar
Mar
30%
Jan
Va Mar
8%
Jan
9
133%
4%
May
2%
Apr
Apr
Apr
7%
Jan
3%
Jan
Feb
2% Mar
«
4% May
73%
74%
210
67%
Jan
75
Apr
22
22
200
20
Apr
24%
Jan
11%
Apr
15
Jan
5%
Jan
7
May
"~%
~2%
1,300
% Mar
1 Va
Jan
1,500
2%
2%,
2% May
4%
Jan
Feb
12%
Jan
2%
Apr
10
,~2%
800
13 Va
"2%
300
13
% Mar
10%
13% May
Feb
Jan
13 Va
x28
Apr
41
5%
200
5
Mar
16%
5%
1,100
5%
yv'.;
16%
25
14
Apr
2 V'a
1,400
93a
125
12%
13
450
30
3G Va
31
'
2%
2%
.
9
10%
May
Jan
Feb
5%
Jan
Apr
17
3 V-
2% May
9
-11
Jan
Mar
■
11
10% May
IIVb
29
29%
1,000
26
Jan
29%
Apr
14%
14%
15
4,000
10%
Jan
15 Va
Apr
157/B
9%
37/b
700
12%
12%
400
56
w
Apr
Tung-Sol Lamp Works com
80c convertible preferred——
,..,600
500
17%
.
20 %
.
,
2
Apr
1,500
1%
Jan
5
:
9
8%
■:
4%:
10
225
:
6%
27%
25%
Jan
in
3%
Jan
Union
Gas
Jan
—
1
T
1
—
33
Jan
United Aircraft
1,400
I
26
May
-
Feb
Mar
10%
Feb
200
6%
Jan
200
5% May
3% Feb
5%
Jan
100
4%..Jan
5 % Mar
5Vs.
1
4 %
.
5%
-
4%
.
.
.
7%
100
Jan
2% Mar
Feb
Jan
24%
Jan
7%
Jan
11%
Jan
Jan
1%
Apr
2%.
2%
200
17/b
Feb
3%
Jan.
9%
400
7%
Jan
9%
Apr
6%
Jan
6%
Apr
92%
Jan
Apr
6% May
Light &
i,
•
55
2%
175
53% May
10
2%
800
33
TO
10
,_7
common^.
i
-
16%
16%- 17%
52,700
16%
16%
16%
28%
30 %
33,400
9
75
Jari
3%
Jan
Jan
39
t7S Jan
Feb
30% May
-16% May
16 %
86.300
29
8%
~
30
Mar
26
400
28%
Jah
57
% Mar
5,700
28%
Apr
97%
21
21
v
May
13% May
Feb
30% May
'
8% May
10%
Jan
19% Mar
Jan
4%
Feb
^100
242% Mar
246%
Feb
—
dep
Co Ltd—'*
rets ord
RR
&
,
21
Mar
1
4%
regis——
Canal—.
,~
Jan
m
Preferred
Amer
i.
Railways
Pre ducts
United Molasser
United NJ
2%
"_,/4
'
«
When distributed
United
United Milk
55
2%
96
common-—-.
Corp warrants.;
Elastic Corp———
United Gas Corp common-
5'%. .5%
7
75%.
37
Jan
4% May
9 % May
24
'
100
%
Jan
«
? 4%
1
50c
Feb
...5% Mar
Feb
9
2%
9,200'
98
:>
9
100
Apr
300
x6%
9%
3 Va' Apr
Jan
2% Mar
Feb
Jan
% May
700 ?:■ 7
'I
5
X94%
Products corn-
United
4,900
•
Petroleum
common.-.
Feb
27
6%
.
—1.25
Co
93
Apr
5%
1%
91%
600
Feb
IS
60
Union Oil Co of California—
Jan
10
200
300
4
21%
Jan
% May
2%
—10c
5
Co
89.
4
2'v*
■
5
6%
5% May
44 Va May
9
Corp
Chemical Corp
of Canada
A_.
Union Stock Yards of Omaha—
8% May
2% :'
—
.
Jan
300
3%
2%
Jan
13 %
63% May
100
%
*
Unexcelled
2%
7%
.
6%.
-
500
.5
26/
x7
1
•
1,000"
9
.
4%
26
—10
■
1.— 1
common
page
..
11
10%
Feb
Jan
8% May
-
2 Vs
96
94%
3%
—
Realization
United
5 i
com
89
21%. 21 %
Jan
U
Ulen
Feb
£1
common
new
21%
Jan
13%
:
Va
U
Jan
21%
2 Vs
17%
Jan
1%
May
Apr
47
2
2
4V8 Mar
7% Jan
Mar
11%
100
•:
%
5'B
95
1
1
Inc
5%
Feb
% Mar
-.75
-
20
:
5'.4 •'
5%
44Vb
44 Va
70c
100
Tonopah Mining of Nevada
Feb
128
52
8
8%
*
pfd
Jan
9% May
15
1,000"
10
Va;
120% Mar
300
15%
15%
97/B
5s
Royalty Corp
Trunz
3%
May -:*;
10
123% 123%
£1
Shipyard Corp common
Toklan
100
11
29
*
Stocks
Allied
&
United Chemicals
I
<
common
Fur toomotes see
50
1,300
1%
30
5
1
1
Construction
Jan
.
3Vb May
600
20%
89
•
Inc—.
Royalite Oil Co Ltd
Jan
6% Mai-
16%
30%
3% Apr
Feb
%
200
4%
37a
4
5
Apr
1-y. Mar'*"
26
20
.
ord reg
Rotary Electric Steel Co—
Rowe
Jan
39
2% Mar
--
pfd——100
Corp
Tri-Continentai warrants
5"
-.2%
•
52 % Mar
200
1%
100
common
.
rets for
Jan
6%, Jan
•
Lux
Co—
Royce Ltd—
Amer
Rome
Pendleton
Feb
Feb
May
30
Apr
31%
GOO
29%
Apr
Mar
*
Inc
Realty
Union Investment
t c
Rochester Gas & Elec 4%
&
27%
4%
$3.75 pfd series
Roeser
Apr
27%
1
Trans
1,700
'
*
18% ;
20%
.
13
May %
17% May
May
7,500
3%
■
18
? 20%/
J;—' '•
h
3 %
3%
23
,175
-
5%
-
12
•
—
15%
300
54%
5
3%
r
Apr
12' Jan
23
3 %
5
.V4
7
100
19
*
1
Engineering
10,900
18%
1
Co
Valley
27%
29%
3
1
—•
common
new
Toledo Edison 4%%
53%
-.
—6.25
Co
Corp)
Jan
42
common
Co Ltd—
dep rets ord regis
dep rets def regis
Amer
%
■
•
Rice
(Texas
Jan
36%
18
Corporation common
88%
8
common
Reading Tube Corp class A
Grande
3%
May
common
Inc
Shovel
145%'
__
Rio
2% Mar
Jan
7% May
Jan
87
Aadlo-Kelth-Orpheum option warrants.
&
Jan
100
Jan
12%
145
Railway & Light Securities—
Voting common '
10
Railway <fc Utility Investment A
1
17 -1„
Rath Packing Co common
.10 i .v
Raymond Concrete Pile new com.-l♦
Reliance Electric
8
14
•
25o
•
1
18
Corp
Superior Tool & Die Co
Oil Corp
•
•
&
Apr
•
Swan Finch
Amer
Shoe
7%
98 % Mar
21 %
R
(Robert)
Feb
500
2%
Tobacco Security Trust
Reis
3%
50
1
1
Ray Drug common
100
common
preferred
Quebec Power Co.
Regal
Jan
1%
Jan
1
—:.
21500
Thor
convertible
Apr
7* May
3
17<5
•
Corp
1%
8
Texas
$3
12%
1,300
com
Inc
10%
•
Thew
Raytheon
26% Mar
Jan
14%
Co common.
(Hugo)
& Shop
Technicolor
Oats
Jan
Jan
8%
28%
Tampa Electric Co common
6%
3%" Feb
93
Apr
Light—
Manufacturing
Quaker
88%
4,900
3
%
_1
9%
100
l^a
3
1
Sterling. Inc
Colorado—
$5
prior preferred
Puget Sound Pulp & Timber com
Pyle-National Co common-
Pyrene
Brewers
Apr
93% Mar
1
.
?
2% Mar
Jan
Jan
14
SSterling Engine Co
"2.50
preferred
6363A
•
Sterling
•
&
Mar
1
Products
Inc
Jan
Providence Gas
Power
Apr
7%
25%
10 V8
•
Aluminum
Jan
1 %
cumulative
29 %
28
Co common
&
(A)
Sterling
8%
7'%
of
Stein
13% May
Jan
5%
1%
Service
Jan
May
223
2,500
Corp
6%
7%
Sound
240
10%
Standard Tube class B
Starrett
4% Mar
1
4%%
May
4%
1
Feb
Jan
2,900
•
Puget
16
5% May
30
1
2,600
Corp of Nevada
Prosperity Co class B
Public
Jan
13% May
Feb
28
100
Corp
Standard-Thomson
Mar
6%
Producers
236 %
235
1
5%
Presse<j Metals of America
Mar
20
Jan
May
3%
Jan
60
107% Mar
Mar
11%
1,200
3
Co
Products
Standard
6 %
33
6'%
5%
5%
*
o%
•
14%
Jan
16
•
69 Vs
11%
100
& Lambert Co
Prentice-Hall Inc common
12 % Mar
53
13
90
B
6%
Pratt
900
3
preferred
074
13%
Apr
105% Mar
1
10
1
25%
Apr
3% Mar
200
13%
•
800
90
Corp
2.50
common
13%
54
50
common
(Ky)
61 % May
1,400
1
common
13%
53%
20
25o
Alexander
22%
Jan
28
preferred
17
540
18%
x61 %
10
common
Mining Co
Powdrell
6%
Scale-
Apr
19%
23
Steel Co of Canada
Pleasant Valley Wine Co
Pneumatic
Feb
3%
600
13 %
•
2.78
1
10
;
Standard Power & Light com
shares
common
Co—
Standard Cap & Seal common
3,100
9%
2%
•
•
Amer
59%
Jan
13
*
Pioneer Gold Mines Ltd
Piper Aircraft Corp
Pitney-Bowes Inc
50%
Royalty Co
Spencer Shoe Corp
4% Mar
Jan
3
50o
41 %
32% Mar
...
300
55
2.50
«
common—
preferred
cum
11%
5% Mar
54
20
common
Johnson
Southland
1%
100%
100
4.32%
13%
Jan
53%
28
25
25
25
i—25
1
8
*
Southern Pipe Line
350
35 4
35 %
•
Philadelphia Co common
Phillips Packing Co
Pinchin
3% May
1
Perfect Circle Corp
Pharis Tire & Rubber
Pierce
8% Mar
Feb
200
4%
2.50
Power Co
Pep Boys (The)
Peppercll Mfg Co
Jan
1
2%
2%
100
Co
7
7,180
105% 106 %
2%
•
pfd
Penn
7,300
3%
2Vb
,
Penn Gas & Elec class A common
Penn Power & Light 4%%
8 %
7%
7%
1
warrants
Jan
Apr
2%
Edison—
preference
conv
Jan
Jan
Apr
10
preferred
cum
4.48%
5 ."*?
4%
.12
12.50
Line
4.56% conv preference
is May
Feb
Apr
21%
21%
21%
1
common
Pipe
California
4.88%
29 Va Mar
% May
31,200
Feb
78%
Jan
800
1
'
Rights
78%
,
i'if Jan
•«
2
100
•
original preierred
6%
Feb
9% Mar
2%
1
South
Mar
47
41% May
2%
600
Corp common
Southern
Peninsular
3
~4
Corp
Pa
Jan
May
500
~3%
Manufacturing common
Penn
76
700
Manufacturing Co
Southwest
Jan
700
£ 1
Paper Mills
South Coast
Apr
19%
9%
1
Boss
Jan
Feb
4
2%
1
Sonotone
3%
2Va
13%
SSolar
Jan
Motors
Feb
73%
50
13%
Solar Aircraft Co
Jan
1
Pantapec Oil
Paramount
16%
Elec Co—
Gas &
(Howard)
Jan
May
16
100
75
Jan
1%
2%
600
77%
Apr
17%
100
1
*
100
common
preferred
3.90%
13 Va
•
preferred
Pattern
City
7,000
-
2
Apr
Mai-
14
150
3
•
Jan
1
.
*
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Mar
15
75
14
Jan
Publications—
Simpson's Ltd class B
Jan
94
100
(CA) v t c
(CA) Amer sh
Simplicity
Jan
100
•
pfd
com
preferred
Pancoastal
34%
30 %
•
Light 5%
Service
Page-Hersey Tubes
34%
25
$3 convertible
Jan
30%
34%
23
preferred
Lighting S5 preferred
Pacific
7%
8
Elec 6%
1st
8%
7% May
100
1,900
•
Ltd
Simmons-Boardman
7%
1V2 Mar
16V»
I'/B
•
Slck's" Breweries
Co common
Jan
3%
•
of America class A
Silex Co common
Pacific Can
19%
100
Sherwin-Williams of
8% May
Jan
7
Jan
Jan
2%
3%
•
1
25
preferred
4 %
1%
-
200
74%
__
•
—8
common
Sherwin-Williams
3%
28%
1,800
—1
—_L
Sheller Mfg Co
Mar
Apr
14 % May
1,200
7%
7%
1
May
Jan
2,400
17%
17%
1
Water & Power
Shawinigan
3Va
1% May
21% May
12% May
600
1 %
2%-
.
common——1
Shattuck Denn Mining
Feb
12
Leather
Seton
Apr
11
500
13
15
Securities
May
Inc.
Safety Control
Serrick Corp class EL
nJan
31%
2%
3%
77%
Sentry
Jan
40% Mar
112
Feb
30-
2,700
1
O'okiep Copper Co Ltd Amer shares
Overseas
50
12
•
class B
Inc,
35?/4
106%
100
30
30%
1
Distillery
Filters
103
100
new
39%
10L %
38%
•
common
preferred
2%
2%
•-
25
Corp
B)
Radio
2% Mar.
Jan
23%
-
Jan
Feb
12%
14
certificates
(R
Sentinel
Feb
• ;
Jan ■»
1%
-
1
,
11%
1%
-
1
,
19%
400
J
stock
prior
$5.50
Semler
Ohio
22
■
Jan
8%
Feb
6% Mar
■
11 zii
Industries Inc common- II III
Convertible stock
O
Ohio
' /v; High
600
12%
Selected
Jan
>
1%-
-
.
•,.
i
Co
Selby Shoe
103 % May
2
2%
16
3,900
•
—
Inc
Segal Lock <fc Hardware
Allotment
Ogden
*
Securities Corp General
Seeman Bros
11%
2
1%
r
common
Jan
5% May
3,000
Low
4% May
600
%
3Va
3Va
—25
Apr
Feb
1,200
7%
1%
•
Co
5%
17%
__
1.
common—-—
3 Va
1,300
2
Inc
A)
15%
100
2
Range Since January 1
cr:
0
1%
1
Manufacturing
4%
7
7
-
A
i— „25t
1
t—
Savoy
(D
.-...—
common
Jan
6%
13 Vs
Corp
Jan
May
101% Jin
6 %
United
Samson
Apr
Jan
85
102% 103
Shares
High
16'/2
4%
49
—
————_
Oil Inc (Del)
Sa-yre & Fisher Brick Co
Feb
2%
Low
1
Corp Ltd common—
preierred
37
Apr
11% May
600
2v/a
conv
„.l
37%
Apr
Mar
1%
400
2
12%
Lawrence
1st
11% May
2%
6%
St
Ban Dome'On C'u_
9% Mar
200
11%
2%
1
•
Aircraft
Northrop
Apr
%
Jan
11%
*2
13 %
Oil
Texas
Airlines
Apr
96%
Jan
31
2
•
$
1
North Penn RR Co
—50
Northern Indiana Pub Serv 5 %■ pfd_100
Central
North
Northeast
9%
It
Securities
Utility
American
North
1,600
v
31%
31
•
*
class A
Rayon
Feb
:r5,50t) '
8%
--
5
Mines
Mpissiug
...'
10'/2
92%
i'/.r Va
160
-
for Week
Apr
100 %
94% Mar
426
.
11%
Jan
11%
8%
*
Nineteen Hundred Corp common
A
10%
>j«
94%
%
7%
59,500
97%
93%
10'A
8
NIles-Bement-Pond
96%
93%
r
—
107/a
Sales
Range
of Prices
Par
High
Low
Week's
Last
Sale Price
Exchange
New York Curb
Range Since January 1
High
10
103a
96 %
1
100
Niagara Hudson P.ower common
Friday
STOCKS—
Shares
of Prices
Low
Par
20
for Week
Range
Last
MAY
ENDED
Sales
Week's
Friday
STOCKS—
WEEK
..
Volume
COMMERCIAL
THE
Number 4805
169
RANGE
Last
STOCKS—
New York Curb
Range
United Profit Sharing com
10%
preferred
Machinery
United
Shoe
44%
42%
38 %
38%
U
S
and
$5
1st
U
S
Consolidated
&
Feb
1%
Jan
Altalian
400
:*■ 900
16%
4,600
3/
1,200
2%' Feb
400
74% May
3% Apr
15%
15
•
74%
74%
3%
3%
1
._50c
1%
J1 %
warrants
"3
76 %
4
7% May
*1*-
300
2
1
GOO
40%
40%
23
200
24%
10
5
2%
2%
2%
23%
23%
24%
Feb
GOO
3%s
1966
3-D
Light 3%s
—1969
3-J
2%
1940
6s
Power
&
Ohio
.1963
to
Light
1st mtge
$4
convertible
preferred
Vanadium-Alloys Steel Co
1
300
5%
5
♦
Venezuelan
5%
Venezuela
Vogt
Petroleum
4%
4%
Mar
20c
Inc..
2%
2%
900
11','4
11%
100
34% Mar
5% Jan
2% May
*
Syndicate
ll% Apr
Manuafcturing
Public
•
May
4
2,300
A 6
Apr
71
64;Mar
x31
4%
Jan
6%
Feb
12%
%s
Oct
Co
7%
preferred
Waitt & Bond Inc
$2
Waltham
Ward
Watch
1
West
Utilities
Texas
1
1.25
preferred
$6
J-J
A-O
Westmoreland Coal
1970
F-A
1989
1950
M-N
1966
A-O
71%
71%
1
63
72
1946
J-J
40
42 %
3
18%
52
Westmoreland Inc
10
Weyenberg Shoe Mfg
1946
A-O
40
42%
13
18
52
Hydro-Electric Co—
A6%s with Aug 1 1940 coupon__1953
A 6 %s ex Aug 1 1947 coupon
1953
United Electric Co of N J 4s_——1949
Whitman
Wichita
49%
54
23
J-D
Wickes
(R
Wilson
5%
Winnipeg Elec
w
Woodall
(F
pfd
Spalding (AG)
Apr
AStarrett Corp
155
20
Inc
%
Apr
26
36
20%
75
18
8%
50
3%
3%
900
14%
100
30%
31%
1,400
101 % 101%
10
9%
8
Ltd
Electric
5
Jan
A7s
ex
Feb
23%
Last
Period
10%
Jan
14
Jan
'
Low
No.
High
J-J
100%
100% 100 %
31
96%
8
100%
104% 106
106
106% 107
106%
4
■:
1
*162% 165%
160%
100%
j-d
101%
1948
95%
J-J
95%
105%
,
99% 100%
106%
106% 106%
Debenture 5s
1958
A-O
103%
103% 103%
Debenture
5s
1969
M-S
Debenture
3s
1977
J-J
redeemed)
Jan
Gas El Lt
& Pwr
(Bait)
City)
96
,92%
90%
A-O
of
100%
3
103
7
106
107%
123
91%
87
104%
99%
105%
N
Water Lt
99%
101 %
102%
106%
111%
&
RR
55
.
3
56
55
9
+37
98%
39%
98
May
J-J
98%
*117%
M-S
'
'
55
'
'
63%
40%
100%
116
:
M-S
1171-2
Guantanamo & Western 6s
1958
J-J
1970
M-N
Lt
&
3%s__.
Valley 7s
;—
Municipal Loan—
1955
—
52%
—
6
53-
*105% 105%
52%
104%
__
58
105%
*
1952
53%
53%'
6
321'4
52%
3
31%
53%
3
32%
1
31%
53%
52%
52%
53
53%
*52
—
(Peru)
City
Maranhao stamped
the daily closing averages of
the New York Stock Exchange as
30
14
17
May
May
—
15
Util¬
roads
ities
7s
*27
28
J-D
*39%
1
1951
—
of Bogota—
83
of
May
stamped (Plan A)
Interest reduced to 2%s
M-N
A-O
J-J
1947
15%
29
37 %
41%
413%
'
43
_
__
— -
2
78%
78%
—
12%
13%
*26
J-D
.
24%
--
1451-2
J-D
2008
1927)—
79%
-
•T.Gi/*
*45 %
1931
(issue
•
41
2%s__.
stamped
80
61%
Parana
Republic of> —
Is to 2'/2s (ser A B C D E)
Rio de Janeiro stamped (Plan A)
Peru
—
18'%
I734
17%
26%
31
59
29%
*28
i
reduced
Interest
15%
i8y8
A Russian
24%
29
1997
J-J
2%
2012
J-D
1919
M-S
2%
2
34
2%
15
2
6%s
3%
3-J
2%
2%
2%
15
2
3%
to
Government
e
value,
a Deferred delivery
transaction (not included in
par
Odd-lot
28
*26
__
transaction (not included in year's
year's range),
f Ex-distribution,
range), d Ex-interest,
gEx-stock div. h Ex-
Under-the-rule transaction (not included in year's range),
r Transaction
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
principal.
n
ABonds
sales being transacted during
being traded flat.
^Reported
Total
65
Stocks
for cash
current week.
Abbreviations
56
tive;
55%
"w
.
used
Over-the-Oounler Industrial Stock Average
(35 Stocks)
Compiled by National
First
10
10
Second
Grade
Indus¬
Quotation Bureau, Inc.
Rails
trials
Total
31.19
May H
Grade
Util¬
Rails
ities
Bonds
May 16
40
48.13
35.95
63.40
101.77
102.48
85.86
103.59
98.42
36.14
63.57
101.79
.102.37
85.91
103.71
98.44
36.19
63.43
101.77
102.47
85.96
103.61
98.4£
48.02
35.99
63.32
101.80
102.53
85.86
103.78
98.49
47.35
35.74
62.88
101.75
102.59
85.83
103.68
98.46
173.49
46.96
35.73
62.62
101.71
102.63
85.89
103.66
98.47
31.19
33.26 Jan 24
30.88 May 20
High
Low
31.18
May 18—
47.87
--
May 17
48.10
-
Range for 1949
Closing
Date—
10
.
"cons,' consolidated, cum, cumula¬
stock; "v t c„ voting trust certificates,
warrants.
above—"cod," certificates of deposit;
"conv," convertible; "M," mortgage; "n-v," non-voting
when issued; "w w," with warrants; "xw," without
i,"
representative stocks and bonds
compiled by Dow, Jones & Co.
"
in receivership.
175.32
M-N
2008
6%s stai
;
10%
1947
37
.—
174.14
19-
20
'
70,%
2
'
16%
M-S
175.20
_
—
41%
1
•
*15'%
1958
174.92
.
•
•
*
11%
J-J
175.76
18
May
20
Rail¬
trials
—
78
—Bonds
Indus¬
16
83
78
(Plan A)
Interest reduced to
AMedellin
Mortgage Bank
32
4
oo
10
May
-
10%
1952
55
52%'
—
J-J
Stocks
May
—
37%
4
39%
S3
>
& Waterways—
Danzig Port
56
.
Stock and Bond Averages
May
—
39%
—
54
53%
'
-
'
Date-
*6634
F-A
56
52%
—
1952
(July 1941 coupon)
on
High
Cons
»No
103%
52%
F-A
1957
—
A7s series F
are
Jan. 1
Low
No.
High
j
10214
102%
—
53%
J-D
1957
coupon)
Range Since
Sold
63
101 %
103%
52%
—
1955
coup)
series E
1941
Bonds
Friday's
*66 34
M-N
1953
ACauca
Danish
TFriday'S bid and asked prices; no
1955
1941
or
J-J
J-D
Sec—
C
(Dec 1
1
GO
*103
....
•
listed
102
100%
Bid & Asked
A-O
1947
41
—
—
*100% 103
J-D
Power
33
—
GO
«
J-J
Indianapolis Power
55
*15
—
.1961
Below
118% IW/o
Week's Range
Last
1948
48%
96%
28
—
*48
1953
Nov 1
(Aug
2
*101% 102%
1921
1956
5s
stamped
A 7s
__
Sale Price
A20-year 7s.
—J£
(see Mortgage Bank of)
112%
111% 111%
M*-N
.1965
1947 couponResidential Mtge Bank—
A7s
s
Period
1946
Division-
J
1963
V
:
Low
101%
2
11
104% 104%
■
1950
,
109
--
105%
119% 119%
1972
A-O
Grand Trunk Western Ry 4s
Green Mountain Power 3%s
%
86
108
105
1
111
105
Friday
91%
101
101
104%
Marelli Elec Mfg Co—
A6%s with Nov 1 1940 coupon. .1953
,
*108
105%
-v
Interest
BONDS
New York Stock Exchange
104%
Ercole
series
A-O
Foreign Governments & Municipalities
A7s
.1954
Eastern Gas & Fuel 3%s
%s
82%
1063/4
4
84%
84%
-
-
'
1959
107
*100% 101%
J-J
1993
A6%s
M-S
F-A
101
105
*105%
__
M-N
.1993
A 6
50%
*15
J-D
Newspaper Union—
6s conv s f debentures
Delaware Lack & Western RR—
*V A 7s
100%
28%
55
*48
1960
West Penn Traction 5s—
—
4%s
International
54
30
100
*100
J-D
ALima
J-D
1976
5s
'
127
123
--
'
*15
107
—
1962
(Bait
,102
:l 9
106% 106%
90%
.1981
Finland
42%
1956
1956
1954
debs
-
.1969
Consolidated Gas
89%
10
96
100 %
ex
12934
K
95%
80
14
81
80
125
Bogota
M-S
A6%s
105 %
A-O
Washington Water Power 3%s
1964
West Penn Electric 5s_———2030
102
Q-p
1970
+
101%
M-S
Elmira
104%
Hotel—
162%
101% 101%
.1998
5s
Lackawanna
*105% 106
•'
Co—
1940 coupon
1947 coupon
108%
6s
redeemed)
mtge
100%
106%
101
M-N
1954
Gen
1
income
A5s
i
f
102%
.1955
1966
Consol
99%
High
13
2%s
(20%
106%
103
Jan. 1
^Central States Electric Corp—
(20%
Dec
Range Since
Sold
,106% 106%
J-D
Steel
Bonds
Bid & Asked
1953
5%s A
C
Service
104
Apr
106%
4%s
deb
2~&
J-D
1960
A5%s
Service
Electric
Waldorf-Astoria
8% May
1970
series
A5s
v
United
Apr
33
104% Mar
Jan
1}£ Jan
Week's Range
or
Friday's
Sale Price
j-j
Cities
•
15% Mar
Mar
9% May
Interest
1964
Edison
with Dec
Apr
100
1.500
City Electric 3%s
Telephone of Canada—
Boston
A7s
2%
Jan
Exchange
Atlantic
Bethlehem
Jan
10% Mar
Low
5s
Apr
10
400
_•
Appalachian Elec Power 3%s
Bell
Jan
8
Apr
800
Friday
& Tel
9
Feb
5s
receipts
BONDS
Tel
%
May
5%
9%
11
Jan
19
8% Mar
14
106
103%
Terni
9
11%
9%
11
2%
Feb
100
A7-4s
Apr
15% Mar
Apr
500
7%
105%
21%
Feb
16%
200
trust
(Hugo) Industries—
2nd
stamped
Stinnes
105%
104
106
105% 105%
Western
New York Stock
Assoc
20% Mar
5s
inc. 5s
Corp—
stamped
3rd
114
102%
103%
39
(Hugo)
A7-4s
Jan
3 lis
Elec
&
104 % 105%
104 %
6
(Calif) —
Gas
Gas
collateral
5s
Feb
Apr
Counties
3%s
Gas
mtge 3s
Stinnes
Apr
22
30%
3s
113
100
113%
101% 101%
A-O
£1
Hargreaves
Associated
155
100
150
9%
31
2
common
Mar
139
22%
7
101%
1st
Jan
31%
14%
100
preference
Wright
Jan
1%
Ltd—
W)
American deposit
6%
4%
Jan
9%
3%
•
4%%
Petroleum
Woolworth
Feb
1%
8%
__
25
common
Industries
Woodley
2%
100
2%
__
1
w
Wisconsin Pwr & Lt
1,950
1%
14%
1
common.
preferred
3%
17%
•
Inc
Brothers
Southwestern
—
5
& Co
C)
Jan
20%
10
Corp
Corp
Products
2%
22%
■
—
l
Oil
(The)
Williams
Willson
Feb
1
(Wm) & Co
River
5,300
%
31%
__
101
*100
1
154
__
20
104
100%
J-J
Jan
Feb
V
101%
1971
2%
7%
\
,
2
*105% 105%
10%
115%
148% -156%
12
156
102% 102%
*103
Apr
Jan
155%
:
A-O
Southern
6% May
15
F-A
Apr
112
,
50
26
55
£45
+
J-J
1%
10
106%
1970
Southern California
7%
100
105%
4
106%
1973
1973
Mar
150
6%
>
105%
106% 106%
J-J
Range for 1948
31.15
May 19-^.j—
-%
31.08
May 20
—
30.88
:
High
Low
....
37.83 Jun 10
32.37 Dec 29
-
M
95
93
__
*1043^ 105%
J-D
104%
103
104%
*94%
J-j
;
0 00
1965
Edison
A
1st & ref M 3s ser B
300
113% 113%
106%
*104
A-O
1952
California
series
3%s
,
1 %
__
8
m-s
8%
6%
•
Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com
•
|
*100
3%
1%
105%
m-s
Jan
111
Mar
104%
..1952
1951
~1%
%
__
Corp
Wentworth Manufacturing
Apr
9%
t
8
106','2 10634
106%
A-O
1998
Lt & Pow 6s B
Joaquin
Jan
1
■
Aircraft
1%
Jan
105%
*100
8 %
,
Baking Co warrants
Warner
r
8% May,
103%
1051a 105%
1960
A
"l%
30
Co
700
109
1
preferred
cum
8%
8%
\\
65
58
5
105
M-N
Southern
1%
8%
3
,;
Co—
Scullin Steel inc mtge 3s
•
ext.*
100
59%
59%
59%
Jan
W
Aircraft
A-O
coupon..I960
Gas
&
debs
6%
series
5%s
San
Wagner Baking voting trust ctfs
102
Co—
Safe Harbor Water Power Corp 3s_1981
Waco
108 y8
M-N
1947 coupon
Elec
Service
50-year
105
101%
104
3%s
1940
1
1
Oct
ex
102%
1083/a
1
105
Queens Borough Gas & Electric—
Jan
3
40 y8
3
—1961
Hydro-Electric
A6%s with
-5%
1
common
-
1970
Piedmont
Corp
||
21
101% 101%
M-S
3%s
Valspar
50%
108% 108%
*104
108%
1967
I
4%s
—1968
1st mtge 3s
1971
Park Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
Apr
j;
27%
RR—4%
at
Gas
Power
40
40%
F-A
1956
England Power 3%s
New
24% May
Jan
21
j-J
Extended
Jan
26
22% May
2
Feb
6,300
*
;
Light common
1963
Midland Valley
Jan
1;
78 %
5
40%
Superpower
Milwaukee
41 % May
x25% Feb
High
62
,41,
15
Power
2%
Feb
Jan. 1
Low
1
5014
50%
1952
Electric
Jan
Sold
No.
78%
1952
1
McCord Corp deb 4%s
Jan
77
J-J
coupon
Kansas
1%
Range Since
Bonds
High
Nov^l 1947 coupon—'
Kansas
6 %
Friday's
Hydro-Electric Co—*
Jan
3%
79% Mar
Feb
35%
10
or
Bid & Asked
:
ctfs
escrow
16% May
% May
2
700
22%
Mar
12 % Mar
1,600
1%
2
2
—10
common.
Sugar
Power
8%
ex
1 %
Insurance
Utah
with Nov
A7s
7%
•
Oil
Universal Products Co
Utah-Idaho
A7s
1
common.
Reclaiming Co__
United Stores* Corp com
Universal
Isarco
Jan
7%
1
U S Rubber
Universal
Jan
1%
1
preferred with
Radiator
52%
ADebenture
7% Jan
Co—
Power
40%
7'/a
Securities
International
Interstate
Ve Apr
37%' Jan
1
Specialities common
U S Air Conditioning Corp
U S Foil Co class B
1
220
10c
United
Sale Price
High
4,150
200
5%
Last
Period
Exchange
Low
% May
5% May
42% May
39
5 >/4
Week's Range
Interest
BONDS
Low
45
25
I
.
New York Stock
Range Since January 1
Shares
High
25c
10
25
common
Preferred
20
for Week
of Prices
Low
Par
MAY
ENDED
Sales
"
Sale Price
Exchange
WEEK
Friday
Week's
Friday
FOR
33
(2237)
.
EXCHANGE
CURB
YORK
NEW
CHRONICLE
FINANCIAL
&
;;
(2238)
34
COMMERCIAL
THE
&
CHRONICLE
FINANCIAL
Monday, May 23,
1949
OTHER STOCK EXCHANGES
RANGE
Last
Par
American
Agricultural Chemical
American
Tel
_
36%
•.
"Rights
141
IIIHo
Anaconda Copper
Par
140% 141%
1A
140% May
195,364
28%
>323
28%
—
29%
40%
150%
;1A May
', 25
/May
4,627
1 3*2
26%
38%
RR
(Boston & Albany
106%
1Q0
—...
25
Edison
Boston
116
pfd—100
357
J.an
112 May
v;
116
27% May
50
444
106% 107%
110
35
Jan
120
Jan
120
100
42
42
42%
16%
16%
% -Apr
40%, Jan
7,922
16%
Mar
Jan
692
Lincoln
Printing
Lindsay
Lt
Marsnall
preferred
1% rprior
Personal
100
—
1st pfd
D
iplass
Hecla
&
38
100
stamped.
Prop
38
16
16
76
5
77%
19%
■•Apr
38
.200
-,4
,159
3%
—.
10
Cities Service
303
.7%
15%
100
•
38%
7%
15%
•
Trust.—
Providence RR
&
Calumet
Range Since January 1
Low
High
6%
.6%
700
7
7%
7%
7%
1,300
Co
1
common.
15%
15%
High
Field, &
Co
common..
——
20% ■'21///
■'
_i__i
Products—
Food
;
•
'
' 10%
10%
"
•
Feb
7 % Mar
8%
15%
Jan
200
Feb
Apr
/64%
'•24
9% -Feb
*',-5 50
Jan
,16
46% May
19% -Apr
50
46%
'
,
7%.May *
150
16
!.46%
46%;/
common.—
6%
■
%
Jan
12'
Mar
Corp capital
Middle West
& Hart
—
^5
T
7)7%
vtc
Inc .common
!
2%
1%
7%
'.12
f 53
54%
550
'*■
800
Feb
2%
7% •Apr
;450
•
•
12%
53
1%
3,300
,7%
-
12%
—10
*
preferred
Montgomery Ward &, Co——
prior
$1
52%
,
11
Apr
,12
Jan
Jan
:•
14%
Jaai
Jan
) 59
Mar
Jan
2
Cooker common
Pressure
Northwest
23»
common
common
7%
7-%
*
Bancorp
Manufacturing
200
10 %
7% May
22 %
."300
23/
Feb
1!
\
Jan
25% Mar
.
'
:::~i
7%
.
7%
7%
950
7% May
.9%
Jaa
1.
Maine RR—
j-Beston.Ac
Boston
Low
6%
'
Oak
Beston
Shares
...5
common
Chem
&
Mipkelberry's
National
100
___—
for Week
joi Prices
43% Mar
Boston Elevated Railway—
Stamped
,
Feb
Jan
Miller
Bigelow-Sanforcl Carpet 6%
Univ
Ext
Libby McNeill & Llbby common—
High
34% Mar
60
Salle
La
Range Since January 1
:JjOW
36%
32
1
*
Range
Sale Price
High
26%
—_
Sales
Week's
Last
STOCKS—
Shares
'
American Woolen
,
-
Sales
of Prices
Low
*
IIlOO
Tel..
&
\
20
for Week
Range
Sale Price
MAY
ENDED
Exchange
Week's
Friday
WEEK
/Friday
Boston Stock
STOCKS—
FOR
47%
*—
7%
■
-
■
48%
Feb
9
.<-17
69
.,4 an
39
%
Peabody Coal Co common—_—
.—5
5% prior preferred —
Pennsylvania RR capital
:__25
Apr
<80
Feb
Steel
Pressed
Car
5%
May
200
17%
400
600
15
....I
Apr
6%
-.6%
100
6
Mar
31
.Feb
,
•
9%
6% May
16% May/
15%
-
Jan
t
19 %
Jan
♦
17%
,7%
-
15%
,7
16%
i 15%
i
...50
Jati
8
St
32
32%
180
25%
26
150
10%
10 %
50
capital
37%
37%
class B common
10%
10%
Louis Nat Stockyards capitals
Sangamo Elec Co common
1
Schwitzer Cummins,, capital
-.
A
,
Jan
11%
Jan
400
34%, Feb
39%
Jan
300
10
13%.Jan
1014
•
6%
preferred series A.
1st
100
_
...
81
22%
200
19%
32%
32%
265
61%
60%
61%
36%
361 s
37%
10
10
100
10
27%
27%
28
201
8%
*
Employers Group Assoc
•First National Stores
62
79
22
32%
•
Inc.—
60%
79
22
8%
8%
26% May
8% Mar
5
5
__
-100
6%
.preferred class B.
-(Eastern Steamship Lines
•
..
•
50
60
May
68%
Jan
Sears -Roebuck <.&
30
79
May
88
Jan
Serrick
Jan
23
May
31
Apr
35% Mar
Sliellmar
233
53%
Jan
61% May
Signode
1,515
7/35%
Feb
40%
Society Brand Clothes common
Corp
0
Gilchrist Company
*
Gillette. Safety Razor Co.
Bakeries
Hathaway
Isle
...
Royale
_
......
„
;Kennecott
——
•
Copper
4%
Prod
Steel
14
—
14
14%
10
Jan
425
5%
Chemical
33%
Jan
_
__
*
Mergenthaler Linotype
47%
Nash-Kelvinator
New
England
Electric
28%
?.
6 VB
Apr
Standard Oil
14%
Jan
Stewart-Warner
13%
Jan
Jan
.
.
14% May
12%
100
12%
Jan
13%
Apr
22%
700
19%
Feb
24
Jan
5%
150
16%
capital—_5
16%
5
6%
Apr..,.
!
7)
21 Vb
15% Mar
100
i
Jan
9
834
3%
3%
;•
500
7%
Feb
4
300
2%
Jan
Jan
10
V-
——25
Corp
common
49%
—...5
capital
of Ind
Container
Stoikline
11%
1
common
41 %
24
58
Feb
Apr
400
750
5
50
14
36
Mar
41%
Feb
Swift
44 %
Apr
50%
5
7%
i 7%
100
29%
29%
300
Sundstrand Mach Tool new com
10
25
Feb
41%
.
11% May
11%
14
25
62%
36%
400
.6%
5
10
Corp common.
Furniture
47%
%
14V4
&
capital stock
Co
7%
11%
11%
25
8%
11% May
11%
12%
72
11%
Apr
15%
Thor
9%
9%
10%
1,966
8 %
Jan
10% May
Co
Texas
11%
Jan
ZL—X.-.25
(The)
Apr
11%
Jau
321/4
■: •*'
Jan
Co
(The)
•/
100
9% May
50
21% May
40
43
Feb
36%
Apr
21%
4334
44
Tel & Tel-
Mining.
Butte
Northern RR (N H)
Pennsylvania
Quincy
Rexall
79%
31c
30c
50
.
15 VB
15%
.
2.50
.
1,500
5
891
15%
«
5
266
4%
—
*
Inc
595
32c
4%
25
Co
85
103
103
Association
Shawmut
80%
—2.50
;
RR
Mining
Drug Co
.100
.
_
5
88
14%
75
14%
79
Apr
30c
Feb
103
13%
Jan
25
Jan
(
Apr
14% Mar
Jan
45c
Mar
Jan
17%
7
5%
15%
Apr
When
38 Vt
38%
38%
28 %
7
Co common
30
1,900
800
41%
4%
Api-
78 %
Jan
&
Webster
—
Twist
Union
United
12%
J„—...—
Drill
Fruit
U S
preferred
28%
47%
_
_
_
5
*
Co
25
common.
——
25
...
Rubber Co
100
69
400
23 % May
24% May
10%
10%
150
10%
Feb
934
•
Wisconsin Bankshares common
Feb
12%
28%
17% May
May
34%
Jan
Apr
35 %
Woodall
Indust
2
common
Yates-American Machine capital
Jan
Unlisted
10%
150
x9%
Feb
10% May
10% Jan
11
350
11
Apr
13
Jan
47 % Mav
54% Mar
800
42% May
52 %
Jan
38%
10
39%
Jan
American
Radiator
39
36
38% May
36% May
43 Vb
Jan
Anaconda
Copper
Armco Steel Corp
38%
11
__5
3
Inc
.....
Electric
13%
22%
-12%
23%
31
.
12%
Feb
143/8
Apr
232
13%
22%
_
Corp
22 %
Apr
26%
Jan
A/chison
Topeka
St
&
50
10
100
Mining
Santa
&
Fe
Chicago Stock Exchange
Range
Par
Laboratories
Abbott
Steel
Acme
Admiral
Advanced
——
_
Castings.
Aetna
Ball
Allied
Laboratories common
Bearing common
Tel
American
Rights
& Tel
Co
i
Co
Armour
Asbestos
Mfg Co common
,
Belden Mfg Co
Bendix
Corp
Butler Bros
-
common..
111
Central
Secur
common
Towel
Chicago
Co
Coleman
(The)
Co
Crane
1 ,v.
5% May
7%
1
Apr
4% May
1%
Jan
5%
Jan
6
7%
Jan
May
28
May
36%
Jan
12% May
15%
100
31
34% May
May
Feb
5% May
7%
Jan
9%
150
9
Feb
10%
Jan
44%
600
43
Apr
53%
Jan
150
40
Mar
49%
100
May
12
Jan
15%
250
May
17%
Feb
6% May
9%
9 %
15
400
1%
.
Feb
% Mar
100
Jan
1%
250
11%
Jan
14%
10%
Jan
12%
11%
1,6.00
9
Feb
100
64
% Mar
64%
75
53%
20
21
26%
27%
New
Central
York
Packard
RR
Doehler-Jarvis
Corp
Credit
Domestic
5
class A
Corp
(The)
Eddy Paper Corp
Four-Wheel Drive Auto
Fox
(Peter)
3%
1
*
——
7,4%
10
Brewing common
1%
—
:
General
Amer
Transp
General
Finance
General
Motors Corp
Gillette
Safety
common
Candy class A
/25 "
25
5%
28
3 %
69
5%
28
3%
69
88
66%
Jan
65 %
75
common
common
Gibson Refrigerator Co common
Gossard
Great
Co
Lakes
Razor
(W
H)
Dr &
common
~6
10
57
1
*
common
Dk .common.—.
*
——
•
Heilman
Hibb
Instrument
(G)
Spencer
Brew
Co
Co
common
new
1
—
cap...—1
Bartlett common.:.
25
11%
Brick
Co
500
50
.Apr
57%
400
20
Apr
28%
25
Jan
27%
Rights
100
25
May
31%
Jan
7%
Jan
300
200
.700
13
5% Mar
28
May
2%
Jan
69
May
30
Feb
3%.May
95
Oil
Pure
Radio
Co
(The)
Corp
Republic
Jan
8%
8%
100
7%
9
Apr
44 Vb
11%
5%
57
6
100
50
350
57%
•700
Steel
Katz
Drug Co
Oil
Standard
of N
Steel
Studebaker
common
Kellogg
For
Switchboard
footnotes
common
Oil
United
see
page
42.
Feb
8%
Jan
9%
600
71/4
Apr
Jan
9%
May
7%
Jan
35%
14%
Feb
39%
Jan
11%
500
200
400
%
Jan
14% MayJan
3%
1 % May
4% -Jan
1%
1
7
7%
Apr
12%
12%
200
11%
Apr
15%
Jan
*
11%
12
800
10%
Feb
Jan
3%
Feb
13 V2
4'%
8%
Feb
lO^s
Apr
19% Mar
24%
Feb
2,800
3%
3%
1.300
9%
3%
9%
%
300
Jan
8%
12
Apr
Apr
30
200
25%
Feb
32
11%
11%
400
11%
Feb
14 %
.8%
8%
100
7%
Jan
9%
Apr
21%
300
20% May
27%
Jail
5
300
4% Mar
5%
Apr
15%
16
3,000
G7
67
100
21
5
5
25%
7,Jan
30
Apr
Jan
15
19%
20 %
11%
17%
Jan
Feb
73%
Jan
Feb
16% Jan
Feb
21%
9% Mar
16%
300
11
19%
1
1
Feb
65%
14%
15%
900
11
*
Jan
11%
Jan
Jan
3%
Apr
Jan
2%
*
common
Jan
30
11%
•
1
•
2%
1
Spring
Corp
Wilson & Co
11%
Jan
Cincinnati Stock Exchange
Friday
Sales
Week's
Range
for Week
of Prices
Shares
Last
STOCKS—
Sale Price
Par
American
Range Since January 1
Feb
43%
Jan
10% May
5% Feb
;$6%
•
Feb
LOW
22%"
161
High
'
25% Mar
21% May
3%
Feb
5
Jan
3%
3%
1
13%
13%
40
22
Mar
15%
Jan
Feb
100
5
514
Apr
13
13%
150
12
Jan
13%
Jan
20%
21%
125
20% May
23%
5
5
1
Brewing
Burger
21%
1
___.
.
__
Brummell
Beau
21%
High
—3
...
_
Low
20
Laundry Mach
Baldwin
1
Champion Paper &
Churngold Corp
46
—
Jan
&
Gas
Elec
•
Fibre
20 5k
*
common
6%
6%
35
28%
6%
8.50
_
Jan
14%
30%
627
30
4 %
12
H
"
preferred
.101
~
101
10
30% May
Apr
¥i May
% May
6,956
-
Jan
102%
Apr
67% Mar
7%
100
Jan
Apr
8
6% May
26%
Feb
,
6% Mar
62%
Feb
Cincinnati
750
6% May
9%
Jan
Cine
500
32%
Jan
Dow
13%
400
26% May
13% May
17
14%
15%
Jan
Street
5
-_a.Tiw.25
5 %
-
221-
5
Jan
76%
Jan
8%
Jan
Jan
14%
14%
900
11
11%
800
1,750
16%
51
9
16%
Feb
&
Sub
Bell
Tel
..
310
8% Mar
15%
Feb
11% May
17% May
Formica
48
Feb
53
Hatfield
Insulation
»
__
.
Kahn
(E)
Sons
200
9
May
11%
Jan
*
Lunkenheimer
600
24
Feb
30%
Jan
Magnavox
300
16 % Mar
18 %
1/128 May'
*
Co
300
23%
Apr
27%
Jan
7%
7%
100
6%
Feb
7%
15%
Jan
U
Jan
*
Gamble
Rapid
10
51%
330
23
Jan
95
44
Jan
27
Apr
51% May
64%
3
60
Jan
64 % May
11%
75
51%
210
13%
11% May
50%
43%
Jan
21 "
Mar
May
17%
Jan
Feb
66%
Jan
103/4
Apr
19
19
17
17% May
11%
20
10
64%
65
.
51% May
Jan
11%
19
1
1/64 May
2,500
1,400
25%
51%
-
Jan
24%
14
-
11%
_
common
9
28%
16%
Feb
25
«
_
7%.,
6
Jan
-24%
13
common.
7%
169
136
64%
———100-
preferred
•
71
51%
...
*
part
70
70
_
Drug common
Procter &
13%
6 %
5%
25 V.
Corp
6%
27
*
100
14%
1%
15
J
Corp common
Sunray
27%
163/8
1
common
6 :f 4
1
—
Corp
Socony Vacuum Oil Co Inc..
6%
50
0
Apr
8%
•
common
Schenley Distillers Corp.—
27%
100
(new)
11%
1%
common
America
of
Rexall Drug Inc
1/128 1/128
Harvester
Feb
Jan
6
16%
...—
10%
33%
Jan
Indianapolis Power & Light Co com..*
International
100
634
8%
400
11%
Jan
3.500
4% May
50
Independent Pneumatic Tool common.*
Jan
Jan
11%
14%
Jan
450
—10
capital
13%
11%
*
Co
Kroger Co
Illinois
Illinois Central RR common
14%
Feb
10%
37%
capital.
Gibson Art
Hammond
33%
11% Ma A/
t ■
Pepsi-Cola
13%
6%
*
273/8 May
300
10%
37%
Jan
4%
11
41
300
'
.1
Mar
4%
44%
5
5
Corp
Jan
12%,
% A
Cinn
General
28%
12%
371/8
Car
Motor
BaJcrank
5%
273a
.5
11% May
26%
__
Jan
4
Apr
20
10
Dodge Mfg Corp common
Jan
Feb
800
50%
,
26%
103%
Jan
14%
12%
74
25
Apr
89 % May
4% Mar
10 %
__25
24
100
12%
Jan
9%
300
300
.1
Motors
Graham-Paige
Standard
46 %
3%
24 %
89%
27 %
_*^.
Co
Rociio-Keith-Orpheum
150
7%
Jail
Jan
14
75
Electric
May
12
12
*
t
May
1
850
1%
1
5
common
400
3
——_2%
Inc
1,400
35
5
General
Jau
6 VB
64%
Commonwealth Edison common
250
7
7
--
1
common
Co
30%
13
15
*
Chrysler Corp (new)
500
1%
32
9%
50c
Chicago Corp common
Convertible preferred
700
150%
46
1
common
5 3/4
Feb
44%
44%
-
Corp
26,300
17%
141% May
43% May
9%
10
common
1&
Feb
5%
12 %
—...
Util
W
Jan
12%
:
S
&
19
300
1,200
32
5%
1
Convertible preferred
Cent
Jan
28
*
Biscuit
10%
5
28
5
capital...
common
Carr-Consol
8% May
6%
10
Ring common
"Burton-Dixie Corp
200
4%
l
(E Jt
& Sons
Piston
8%
18
27% May
1-
Famsworth Television & Radio.
Apr
1%
.—5
Corp__
Corp
Borg-Warner
Erach
Burd
5%
6
10
commpn..
Borg (George W)
4% Jan
1%
"
Aviation
Brewing
800
6%
4
3
_
Bastian-Blessing Co common
Berghoff
5%
5%
1
capital
Athey Products Corp
Mfg Corp...
1,300
141 % 141%
___5
Avco
20 % May
100
20%
l,'o
common.
15%
44%
17%
17%
*
100
500
24
c
40% May
8%
5
—
w
Apr
44% May
38%
39%
5
19%
*
capital
High
High
19%
10
5
_
Low
200
Jan
29
100
9%
89%
.1
Motors
Curtiss-Wright
39%
'
Mar
Apr
14%
2%
Range Since January 1
44 %
— —
1
common
Alum
Shares
Low
(new)__5
common
Co.—
Corp
for Week
of Prices
Last
Sale Price
Feb
64%
8%
S
: 1
May
10
28
28 Vb
•
Sales
Week's
-Friday
STOCKS—
3
Jan
11%
com—•
San
.1
Continental
Feb
7%
11%
948
•
System
W'estlnghouse
__
2%
300
700
2%
1
Lines Inc
American Air
12
1
Alleghany Corp
25
Waldorf
..
v-
Stocks—
5,689
49%
45
38%
38%
10
29
47%
42 34
.
,
31
226
32
450
335
17%
31
28%
.
United Shoe Machinery
6%
16
—
31
•
vi'/
Jan
69%
24 %
'
Stone
Torrington Co
May
8
69 7
23%
).
Jan
30
26% Mar
23%
*
issued
i,
Apr
Feb
Light & Rys
U S Steel common
Fob
4% Mar
capital (new)..*
& Carb
Union Carbide
United
•
:
44'% Mar
Jan
87%
108
(
t
55% May
Feb
100
10
21a4
•
St Corp
Salle
La
South
9%
2
common
49%
55
55
10
5
Corp
Trane
Electrotype
Printing common
Preferred
...
8%
11
—
•
—_
-50
11
32%
32%
48 %
48%'
749
110
573/8
7%
Jan
10
10
May
31 % .Jail
1
32
May
39
21
40%
;
i
Mai' •i
15
Jan
29
■
■
!
Jan
6% Mar
May
-/.Feb.'//
•
Jan
!
t
j.
Apr
■
New England
■
'
Jan
64
208
North
(.
.
Mar
.'43/4 Mar
1*1
38
30
t
Jan
Jan
20
System,..
Apr
5%
...
56%
5
1
Assn
_.
_
22
21%
common
■—2
Dredging common__._I/...20
Inc
Apr
'
Narragansett .Racing
Works
Lathe
Bend
South
Spiegel
Standard
5%
38
—
_
350
•
,8% Mai-
61%
*
Corp
25
12%
*
*
1
—.
47%
100
preferred
Mathieson
Corp
Jan
10
15
common-,-/:.
Strap
24
24
common
May
Stone
100
Maine Central RR common.
Corp
42% May
4% May
50
|
•
>
May
4
.265
14%
25
:Loew's,Boston Theatre
45%
(4%
0
common
10
100
44%
._
_
(Del)
Lamson rCorp
1
15
Copper
Apr
11
Sinclair Oil
•
-General ^Electric
Co
•
I
I *•
Jan
r
29%
Apr
t-
1
f
Jan
.,33
„t;25% May
1
'
Jan
48 %
Feb
—.
common..—.
j
3% May
384
Jan
Apr
-43
7% Mar
14% .Mar
.25
350
Jan.
Jan
48% May
\
'■
(2239)
OTHER STOCK
RANGE
FOR
WEEK
35
EXCHANGES
ENDED
MAY
20
-!
Friday
*
.
i-rSales
Week's
-
Sales
Week's
Friday
1
'
STOCKS—
Last
(Range
X'.Sale Price
/'J
Unlisted
; V/Par
./
Rolling
10, ?
Mill,--
American Tel Si Tel—
i
Chesapeake
25
Ohio—
&
Service
i_
t
Power
*
&
Light
7
*
_
Electric
General
May
31
17
34%
Jan
48 % May
Feb
10%
Jan
lii May
Mar
37%
630
11'A
150%
13*2 May
,70
48
'
10%
11
6,063
33%
47'/a
.
141
Jan
9% Mar
Jan
Apr
12
Apr
37%
10
Motors
37%
57'A
-
25
29%
27%
27%
*
-
29%
„
57%
*
26%
30% May
Jan
100
24% Mar
28 %
Jan
187"
35%
56%
Feb
39%
Jan
Feb
,62%
Feb
37%
57%
-93-
Gemmer
Goebel
Ball
Hoskins
New
Yorlf Central
Ohio Oil
L_'—.a
.
Pure
Oil
—
Kaiser-Frazn'
King-Seeley
'73
15'A
*
(N
,—25
,--—10
,
15%
18%
66%
31%
Apr
14
Jan
15*
Feb
17%
Jan
21%
Jan
78
17%
Apr
67%
11
65%
Feb
23%
80
42
15
23%
;
26% Jan
.43% Mar
Feb
May
71%
210
69
;,Jan
78
24
.
24%
36
24
May
24% May
-
Oil
McClanahan
National
Park
Last
STOCKS—
''
'
::L-.y■
Exchange
Range
Par
American
l
Tel
Sc
Low
Metal
Peninsular
Tel
(Un)—
),
Apex
j
Mfg
141% May
,;1 3S3
,.3,444
$4.50
Cliffs
"Cleveland
'•
i
Illumin
Pont
Du
(E I)
Electric
—
Jan
29%
130
25
12%
999
12% May-
16
W)
(H
71
305
70% May
76
a41 %
159
36% Mar
42%
23 VB <23%
50
23
25%
a43 Vb a44 Va
157
de Nemours
—
29%
Feb
—»•.
Udylite
Union
Investment
Co
—,—
lUni
:_—
—
Motors
Glidden
Co
•
(Un)
common
al93,a
(BF) common
;v
Jan
American
Airlines
American
Power
23%
Jan
American
Radiator
&
St
7%
Apr
American
Smelting
&
Ref
Jan
American
Tel &
195%
.61/8
Feb
Feb
40
50
7
Drug Stoies
Lakes
Great
Greif
;
Bros
Towing
(M
_
,
i 15
25
Feb
10%
29
29
11%
565
411/2
50
104% 104%
8
a38% a38%
.-,30
•
—
_
50
...
r29
0
--
Intcrlake
Jones
&
1
(Un)
Steamship
9
Laughlin Steel (Un)__
Lamson & Sessions
9
National
N
Y
Tile
Central
Ohio
Oil
&
RR
Republic Steel
Richman
Co
Jan
Armour &
Apr
Atchison
13
Jan
Avco
Feb
41%
Jan
Apr
Barker
U
S
new
Motor
w
Jan
Jan
Jan
a20%
20%
20
Bros
Steel
White
4%
13%
50
4!
10
i
•
Youngstown Sheet & Tube
Jan
17%
Jan
27%
15
Apr
297
39%
Jan
22%
Feb
26
24
6
13%
24
Jan
a63% a647/s
V
26%
May
16%
110
62%
Apr
16 Vb
a
Jan
May
Basin
Oil
i
Bethlehem
Black
Blue
Steel
Bolsa
Chica Oil
Borg-W'arner
Co
_
200
•
5%
184
-
1
_
8
95c
8
-
95c
95c,'
300
95c
14%
260
14
—25
348
Consumer's Power Co common..—
Bros
Detroit
&
Detroit
1
______
Cleveland
Edison
Navigation
_
!
'
r
5
•
Y"
22
.i.'
5:17
5%
4%
21%
.
"
4%V
common
.—
1
Detroit Steel Corp
-1
Federal
6 %
.22
Vs.
_5
Mogul
common
Frankeinnuth Brewing
For
footnotes
see
1- '
page
42.
6%
Pacific
—
3
Jan
Range Since January 1
Low
High
Low
a29% a30%
Feb
8'%
1%
May
16
Apr
High
2%
27%
285
Feb
Jan
3% May
28% Jan
Jan
"9% Mar
Jan
10% -Apr
200
a9%
105
%10%
10%
•459
12
12
795
11% May
:45% Apr
140% May
a43% a45%
:,„7
*
162
140%. 141%
1,449
25,426
TA
1A
27
26%
27%
29% '29%
22%
24
532
5%
605
a90
8%
1 aV
625
22%
13
v
'••p
14%
Jan
•54
Feb
150
Jan
liTfl May
May
37%
25
Apr
27% May
640
'35%
,90
Jan
Jan
7%
Jan
.95% Mar
Mar
6
Jan
27%
22%-May
5'% May
10%
9%
May
200
:6%
"6
6%
-
10%
9%
-250
3,100
2.50
88
16%
14
1,885
a31% a31%
175
,13%
8%
27%
27%
2%c
6
7%
9%
6,115
a41% a41%
(Un)
*
1
Corp
Co
100
24
32%
32%
250
12%
375 ;
8%
Feb
12
•
.
15
11%
747
14% Jan
55% May
10% May
a3
a3
50
3% Mar
59
Apr
13%
Jan
3%
50
50%
989
50
Apr
56%
10
47%
47%
192
38%
Feb
48
1
4
4
325
3%
Apr
15%
200
15%
a26%
a27
206
25%
Mng_„
3%
3%
4,425
1.30
200
of N Y
Co
1
Liquidating Corp
(Un)
of America
Zellerbach
Industries
&
(Un)
5
(Un)
common
a23%
8%
a6%
10
350
23
Apr
14% May
Jan
6%> Feb
,
10
27
75
23% May
-9%
450
,7%, Jan
70
17%,May
8% Jan
8%, Feb
-
a23% a23%
9
*
.3% May
t7% May
105
9%
6%
Jan
Jan
1.80 Apr
'<
Feb
21% Mar
800
7%
26%
Jan
3
2,775
a6%
Jan
1.20
189
14 %
13%
.
1
Mar-
„Jan
9% Feb
58 % Mar
50Va: Feb
*
ti.
(Un)___
a60% a60%
50c
Inc
Inc
a22% a23%
125
20
Feb
21%
Jan
12%
12%
325
12% Mar
.13%
Jan
14%
;15%
400
11
4
5
14%
class
A
(Un)
,_
a25% a25%
62
48c
55c
1,600
1
1
622
1
7%
7%
•; 450
2
Light Corp
Ltd
a22% a22%
13%
*
1
Inc
Corp
Corp
1
(Un)_*
Engineering Corp
19.%
10%
3%
Corp
Sav
11% Apr
"'315
1.30
(Un)—•
Sou
&
Jan
16% May
Apr
250
11%
*>
Jan
19
11%
a27
5%
Feb
Jan
May
15% May
*
.16% ,16%
20
25
;
Feb
Apr
32% May
Mar
a57% a57%
9%
24
jfVpr
,
10%
(Un)
Co
Jan
32% May
12%
(Un)
Oil
Jan
10
7% May
200
a23 % a23%
a57%
53%
2.50
(Un)__,
,
Power
*
5,365
9
Jan
41% May
Feb
9
Jan
Jan
10
46% Feb
9
1
Corp
Service Co
Electric
38%
Jan
3c
6%
7%,Mar
7%
25
t
33%
;
J, 5% Feb
102
"
(Un)
8% Feb
l%c May
:
90
a44% a45 %
Jan
34% Mar
Apr
27% May
323
8%
18%
7
2,000
6
Jan
12% May
732
l%c
27%
Apr
21
30% May
160
8%
Feb
9
Jan
4%
Apr
"
a
Jan
Apr
10%
Apr
17%
13%.
t
7%
12
Feb
"03%
3
al7%
*
Corp
10%
235
5
—
Ry Co
Aircraft
12%
12%
100
a37 a37%
415
a43% a43 %
85
*
1
Jan
Farnsworth Tele & Radio Corp_______l
Jan
Fitzsimmons Stores Ltd class A_.
...
15% May
,,-Feb
25% May
Jan
21%; Feb
48c
May
,65c
May
1
.
-.7%, Jan
7% May
8
Jan
10
Feb
11
Mar
35%
Feb
39%
Jan
42%
Jan
Jan
Corporation
Apr
57
Jan
General
Electric
Apr
20%
Jan
General
Foods
-32%
Jan
35% May
Motors
137
50%
>
5%
%
6,776
Jan
6%
Feb
General
4%
Jan
5%
Jan
Gladding
20%
1,025
Jan
.22%
Apr
9%
Co
(Un)
Corp
*
(Un)
Corp
a37
•
common.
10
19%.
400
100
2,600
'
41%vMar
558
57
al4% al4%
289
108
23
a59% a617/8
91
a—
89
>Feb
11%
23%
a41'/4 a41%
57
57
57%
.
Jan
,
62%
Feb
13% May
Jan
6V2 May
1,005
16%-"--
3% *
Jan
Apr
1%
6
May
Sales
2%
*
*
Products
-.18
19
3 »-
Va
1%
1 Vb
Shares
15
(Un)
Tractor Co
400
16%
—
-
6% May
3% .Apr
Feb
1
a9%
_-
:
Goodrich
Public
Util
McBean
.
(B
F)
Corp
&
Co
(Un)
Co
(Un)_
5
^25
*
23%
a59%
Goodyear Tire & Rubber Co common—*
Detroit-Michigan Stove
Feb
140%
1
(Un)
Packing
395
34%
% i'H-l
-
»
4%
20
18
34
34
53
18%
■
•J
6%
2
Corp
General
52%
10
300
a43%
*
Corp
Byron Jackson Co
Garrett
Consolidated Paper common
Jan
*10% Mar
•
High
6% May
7Vs Mar
14%
<1
Machine-
8
Jan
18%
Feb
10c
,
(Un)
California
Exeter
1
________
a29%
5
Broadway Dept Store
Dresser
Low
6Va
Jan
2%
for Week
2%
33%c
(Un)
Corp
Electrical Products Corp
Electric Bond & Share Co
High
■
Jan
14
8%
Range
1
Corp
Douglas Aircraft Co
Shares
6%
>12%
730
Week's
10
(Un)
Cons Chollar Gould &
for Week
Low
1.
Co—
-
16%-May
of Prices
1
Commonwealth Edison Co
Sales
Range
Par
Davidson
780
20c
Curtiss-Wright
of Prices
...
I.
1%
Columbia Gas System Inc
Exchange
Week's
•
Chrysler Corp ~i
1%
"l,%
(Un)_______100
-
Company
Consolidated Edison
'
_
-900
3
Mammoth Cons Mng Co
Crown
Last
Sale Price
Burroughs "Adding
100
1 Va
13
common
Corp
Preferred
Exchange
WOodjvard 2-5525
Friday
Brown-McLaren
3%
(Un)
Clary Multiplier Corp
DETROIT
Building
STOCKS—
Baldwin Rubber common
6%
3%
(Un)
Appliances Inc
Diamond
Cities
Chicago Stock Exchange
Detroit Stock
Brewing
6%
30
Co
Creameries
Altes
9
•
(Un)
Continental Motors Corp
.
8%
Jan
2% May
120
100
(Un)
Co
Corp
RR
Corp
Aviation
Consolidated
.
8%
a89%
Home
Consolidated
L
16%
Colorado Fuel & Iron Corp common—•
Exchange!
Telephone:
J
16%
16%
(Un)_100
Commonwealth
.
Jan
6%
Apr
5%
Bendix
Canadian
Members
Ford
10%
12 Va
;'200
Jan
74
Watling, Lerchen & Co.
Detroit Stock
■vV'Y 582
Feb
.4
3% Mar
5%- May
"// ■/ 700
5
Ohio
&
Chrysler
New York Curb
7% May
2%
,
Jan
'25% May
11
(Un)
Bendix
Cessna
Stock Exchange
3%
Jan
7%-May
1
13%
(111)
Petroleum
Bros
Certain-teed
York
Jan
May
1% May
18%
2%
0
(Un)
Baldwin Locomotive Works
Budd
16% Max:
Jan
11
—10
Co
Caterpillar
New
24 %
301
13%
vi
11
(Un)
Borden Company
43% Mar
*
3
29
2% Mar
200
•
450
Jan
21%
952
24
24
a
•
24
Mar
20% May
/
4i%
221/a
~~:1
-
Apr
24%
.41
23%
•_$
(Un)
common
_______
a
Jan
33%
150
♦
Jan
May-
Feb
*
(Un)_l
14
11%
Feb
15%
(Un)
33%
Jan
9% May
3%
Co
Top & Santa Fe Ry
Bandini
35
Jan
10%
21%
2%
28%
Corp
Manufacturing
106%
25%
15%
Jan
Feb
Jan
Apr
1
21 %
4%
-560
(Un)__*
(Un)
Mining
20
50
—
________
Standard Oil of Ohio common—
;
100
a27% a27%
—_
Sargent
Pennsylvania
4
all % all %*
—
(Un)
Patterson
4
**
9
(Ur.i
RR
Co
Copper
46
Jan
11%
293
Tel
Woolen
Steel
29
25% May
134
9%
Jan
3%
5%
1
(Un)
San
Anaconda
32
,45
.
14
9 Va
9%
1
Mfg
a26%
14
10
:_
:
2%
220
3%
2%
*
(Un)—
Light Co
American
33'A Mar
175
34
a26
_
Kelley Island Lime & Trans
;
34
34
_
(Un)
Co
Inc
&
Jan
Baltimore
Industrial: Rayon
7 Va May
Feb
14%
9% Mar
41
104%
Mfg
21%
Mar
41%
100
V
A.
—
.
—
preferred-
4%',<■
A)
11
11%
1% May
110
2 Va
3%
1
61% May
Feb
10O
11
—
common—.,.
Cooperage class
Halle Bros preferred
Banna
—
-
_
(Un)
Corp
•62%
17% Mar
56
Alleghany
Armco
Gray
2.00 Mar
-Feb
,%..V1 A
56% Feb
19%
a
.Feb
1
350
■400
5%
Last
Allis-Chalmers
50%
Apr
3% May
7% May
2Va Feb
1%
100
Friday
Jan
351/8
Jan
2%
95c
•1,040
1 %
7%
900
Sale Price
Feb
a61% a61%
»
Goodrich
2% Mar
'
Apr
50"
Apr
39% May
•'
Apr
13%
STOCKS—
14%
134
1%
Los Angeles Stock Exchange
94
19
Max-
17
Jan
Feb
a57% "a57%
(Un)___ ^—10
common
600
3%
1
Wayne Screw Products
Feb
:'■'/<
a37% a37 %
v.;,
3%
2%
1
179
11%
Mar
100
561
4
common
: ;85
1
120
a6% p.a6%
-■
•
36
'
■
Jan
8%
Feb
*
2%
1%
common
Jan
19%
19%
1
—10
General Electric (Un)_____
General
-1
—
592
39%
7%
"3%
Aircraft
Warner
Apr
.
1%
1
43
•
200
5
Corporation
,128
12%
a
Jan
100
1%
1
__
common
3
90
al27a
—
15
15%
46 %. Mar
40% Apr
90
,191%
v-:, 90
-
■
•
(Un)
May
25 VB
Par
191 Va
5
1
common
Jan
a46% a46%
550
1%
5%
10
Jan
20
5%
7%
5
Jan
—15'
Jan
24%
2
_:
Jan
70
—15
3
Jan
12%
a 40%
Jan
Jan
29%
__1— —-l5
Faultless Rubber
Gabriel
!
.8%
34%
Jan
7078
Controller
Erie Railroad
j
May
5% May
31%
Jan
12%
.
220
1%
*
—1
—
'■> v£%\'V
Dow Chemical common
<
20
common—•
Graphite Bronze (Un)
•
V"
3
150%
1
—
Consolidated Natural Gas (Un)—
j
100
common—
i
Electric
Cleveland
5%
33%
—_
Iron
preferred
.2%
100
City Products Corp
Cleveland
5%
33%
3%
24%
1
common
common
•;> May
1.1/8 May
.
1
common—...
High
Feb
73
204
25
Chesapeake & Ohio Ry__—
Electric
Low
a2%
1%
Rights
Apr
9% Mar
Range Since January 1
al41%
.
Apr
4
100
2%
—
Products
Brewing
Motors
Manufacturing
Superior Tool & Die
High
,
al41
13
1V4 May
;
11%
28%
»
—
_
•
-100
Max-
3%
1
common
__
Scotten-Dillon
for Week
a2%
■
Jan
6
2ya
—
•
Timken-Detroit Axle
Shares
14
Apr
7%
2
Motor Car
Sheller
Sales
of Prices
Sale Price
•
.
May
5
"1%
10
Stamping common
Chemical
Rickel
;
11
1,200
1%
'1%
_
_
River Raisin Paper
Week's
400
5
3
V":
*
common
_
Parke Davis
Reo
Friday
11
2%
;
3
1
Sugar
Prefeired
Pfeiffer
Cleveland Stock
19%
;
Jan
69%
69%
13% May
39
—
—1
Mfg common
Packard
'40
504
1%
1
Jan
19%
23%
-New
McAleer
Michigan
5
42
_■_■■■
—*
Feb
Feb
14
'
common—.,
100
14
15%
10
Lansing Stamping
11%
15%-
__
:
Steel
S
Kresge Co
Jan
25%
12%
__
„
J)
30
11%
67%
_____15
(Ohio)—,
Oil
Jan
2% Jan
41 %
5
•
1
__
:
8% May,.
Jan
17 % Mar
Apr
151
28%
(S S)
13%
15
'-412
__
_
Jan
Jan
Va
3%
—
1
31%
10%
__
'
common
9%
5%
5
■8
11%
I
5
Drug
Mar
3 Va -Apr
900
'
5
_
100
700
5
—
Feb
132
—
—
Timken Roller Bearing___
U
26%
15
:
_
—
8%
8%
11
11
1
*
common.
Feb
6%
3%
1%
_
Mfg
•-
.High
4.Y& May
14
1
common
750
8
' '
w
8
—2%
Motors
Motor Car
Lock &
—
—10
Manufacturing
,25% Feb
11%
26s,8
15
__
__;____i__——*
Standard'Oil
Standard
11%
__
18%
_
Radio Corp
Socony Vacuum Oil
Standard Brands
'
•
___50
_
T
_1_
Low
5
3%
'
——l;
Bearing
Howell -Electric
Kinsel
Pennsylvania RR
&
Range Since January L
High
8%
"l
Paige common
Hoover
«
B„
Brewing common
Graham
Hurd
class
Corp
Shares
4%
4%
1
common
Manufacturing
Gerity-Michigan
Hudson
r
•
Federated Dept Stores
General
33 %
—
.
7%
154
lfc
27%
22% May
5
141 %"
1 a'a
__
10
Columbia/Gas
141
!
l9la
—
9Ts
9%
—
-10®
'Rights I
365
$2%22%' 24
1
Industries
Wood
for Week
Low
Par
High
Low
-High
Gar
Airlines
Dayton
Low
Range
of Prices
;Last
Sale Frice
Range Since January 1
Stocks—
American
American
Cities
Shares
of; Prices
Vi.
STOCKS—
for Week
19
' May
16% Mar
2%
Feb
-24%
Jan
Graham-Paige Motors Corp (Un)
17%
Apr
Great
3%
Apr
Northern Ry
Greyhound Corp
preferred
(Un)
(Un),
1
*
3
1%
—
42%
Feb
1,195
95
36%
all% all%
65
10%
.
,25
a—
45
Feb
—
Jan
3%
Jan"
Feb
39%
Feb
Feb
11%
Apr
1% May
1%
a39Vs a39Vs
1%
.Feb
3fi
(2240)
THE
COMMERCIAL
OTHER
Friday
Week's
Last
Par
I
Hancock Oil Co of Calif class
Hilton
Hotels
A
Corporation
Hupp
.11
„,
1
.
Low
115
229
87/8
__
v :
MAY
CO
Philadelphia-Baltimore Slock Exchange
9
1,660
2.50
100
2,125
Feb
8%
119
Apr
9%
4%
Sale Price
Jan
2.30 May
Jan
11%
545
9%
1%
l7/8
100
1% May.
13
Feb
Jail
2%
Jan
American
Tel
(Un)—
Co
RR
100
a26%
25c
33V30
Imperial Development Co Ltd
Independent Exploration Co
7c
5%c
9c
74,500
17%
16%
17%
8,230
a261/a a27%
175
22%
Feb
29%
Jan
2c
Jan
9c
May
7%
Feb
Corp
Petroleum
10
International Nickel of Can
International
Paper
International Tel
Oil
Jade
(Unl
Co
& Tel
__
15
Corp
1.40
1,750
175
a47
(Un)—•
a47
370
9c
1.00
1,000
5':'c
49% Mar
49% Mar
Jan
Apr
Apr
8c
11
15c
Ralser-Frazer
1
Corp
Corp
Copper
(Un)
1 nf
12%
I fV
12%
Apr
10%
13
10%
310
Works————13
170
8»A
Feb
12%
2%
2%
142
2%
Apr
3.25
12%
9%
12%
9%
20
101/8
Feb
13
49%
5%
53%
590
5%
138
19'A
19%
19%.
19%
42%
Transit
1st
Co
common
—
100
t c—
v
—
*
preferred
—
50Va
2%
Chrysler Corp
Curtis Publishing
•'
Co—,
Davison Chemical Corp
5
—
—
t c—*
v
Company
5%
1,968
5
May
Jan
468
43
May
56%
Jan
Electric
43
405
40%
Feb
46%
—
:—1
13%
Delaware Power & Light com
45lA
43
—
5
—
it
?
———.
Storage
Battery
19%
*
6%
6"a
380
a23% a23%
7%
7%
45
5
Jan
22%
Feb
6% May
Jan
General
Lincoln Petroleum
Co
Aircraft
Lockheed
1
7
—
„.
Motors
Corp
10c
1.20
i
a
Corp_
__
7% May
200
1.15
1.20
500
20
20
186
1.15 Mar
16%
-—•
17%
17%
18%
415
Angeles Biltmore Hotel Co
_20
—
24
25 %
1,315
24
"
Los
Angeles Investment Co.—
100
1
—
3
290
Jan
Mascot Oil Company.
—_
Co
Manufacturing
Menasco
Petroleum
Merchants
Co
a295
95c
95c
100
__
—1
a294
—
y
1
1%
l5/a
600
1,10
1.15
a52% a54%
600
269
1.45
1,070
—
(Un)
•
1
;
a527/8
Oil Mining "& Dev.-Nash-Kelvinator Corp (Un)__
National Distillers Prod Corp (Un)
1.45
Ward
Montgomery
Co Inc
&
14%
Jan
Lehigh
Coal & NaVigation
Apr
1.45
22
May
(Un)
Lehigh
Valley RR_,
(Glenn L)
Jan
18% May
26%
Pennroad
Nordon
Corp
—
al7%
•
(Un)
Central RR
York
New
5
»
Ltd
1
American
Aviation Inc
North
American
Co
295
Mar
Pennsylvania
1.10 Mar
Jan
Pennsylvania
1.05 May
1.90
10c
11%
10c
52%
Feb
59
Mar
1.45 May
11% Apr
14%
17%
19
Water
Penn
—
Feb
10c
-
Pacific
Oil
—
1
(Un)
Co
*
1.95
com
Electric
Co
Insulated
common
Jan
Public
13%
20c
9%
Feb
11%
Jan
16%
Jan
Service
div
$1.40
Jan
865
260
Corp
El &
Finance
6%
Calif
of
Corp
& Elec
Gas
10
1.95
15%
Reading
May
1.90 Apr
100
25%
Oil
Jan
Sun
Jan
Tonopah
5%
preferred
5%
redeemable
Pacific
_25
Gas common
10
Pacific Lighting Corp common—
Pacific Western Oil Corp
Packard
Pan
Car
Motor
American
United
Feb
62%
Feb
Apr
17%
Jan
7%
4%
1,743
7% May
11%
Jan
5%
Jan
7%
4%
9%
United
Gas
—
(Un)
1
i
(Un)
Pennsylvania RR Co
Puget Sound Pulp & Timber Co______*
Oil
Pure
Radio
Co
—
(Un)_____
Corp of America
Radio-Keith-Orpheum
•
1
%—
25
27%
Apr
•
—
26%
Apr
28%
255
51%
Jan
61
18% Mar
51
Apr
53%
39%
Apr
41
3%
Feb
4%
19
Drug Inc
Ranch Oil Co
8%
Jan
10%
22%
Rice
Mar
15
Mar
17%
Inc
Jan
12
Richfield Oil Corp common
Aeronautical
Ryan
39% May
53
35%
60
33
Apr
12% May
20%
3,607
20'A
Jan
24
208
23 %
Jan
25%
A
17%
2714
22%
22%
27%
20%
19%
55
53%
55%
' %
3'A
32%
Feb
36 % May
110
25 %
Feb
32
128%
%
11%
300
200
Feb
8
243
24
—
t«
■-
3%
21%
St
Regis
Paper
(Un)
Co
Schenley
Industries
Seaboard
Finance
(Un)__
1.75
Jan
14
Feb
9
% May
5
Apr
A
Co
1
Apr
% May
Mar
6
Mar
.■■■'"t
" '
j■'
.
V
..
Union
Oil
Corp
Natural
Gas
Class B
Signal Petroleum Co of Calif
Sinclair
Oil
20 % May
Columbia
Corp
Aircraft
Calif
Southern
27%
4.88%
3% Mar
5 %
Jan
Apr
Fort
Steel
Follansbee
5%
3,800
60c
Feb
72 %c Mar
May
Joy
36%
6,997
40o
384
25
Jan
5% May
17 %
Jan
175
7% May
50
26% Mar
:
38% May
6% Jan
22% May
8% Mar
27%
Jan
Pitt
Corp
4.56%
4.48%
4.32%
Apr
54%
Feb
43
Apr
61 %
Feb '
Range
for Week
Shares
Low
High
Mountain
Fuel
National
Bolt
Jan
10% Mar
10%
Jan
12%
Apr
Feb
10
Jan
24%
Jan
10%
Jan
10%
10%
10%
10 "a
11%
406
9%
695
4
10%
9%
10
13%
9
370
15
12%
9
12% May
8% May
8%
8%
8%
600
37%
37%
39%
230
35%
Feb
39% Mar
23%
23%
108
21%
Jan
24% May
17%
18
382
17% May
10
10
"7%
—*
Jan
39%
Jar,
Standard
48
49
258
46
Feb
50 %
Feb
United
35%
35%
165
Jan
Westinghouse Air Brake
Westinghouse Electric Corp
Feb
35 Va
Jan
8%
Jan
7%
Apr
6c
Feb
16c
14%
Jan
16%
19 % Mar
Feb
3%
29% Mar
125
7%
7%
Jan
2% May
260
32
30%
23%
400
2%
2%
2%
5
;
Corp
16%
26%
25%
26%
1,138
28
27
28
66
15%
17c
22%
15%
1,100
21%
l'7c
21 %
—
r
31 %
Feb
38%
20%
Feb
26% May
27
May
17c
May
28
Toy Mining
Steel
t
v
Mar
Jan
15%
15%
30
1
4%
4%
200
4% May
%
26 %
27 %
677
26% May
34%
Jan
22%
22%
22%
349
22%
26%
Jan
c
26
•
12.50
Apr
6
Apr
Mar
28c
Jan
2,676
19%
Feb
24
Apr
628
15 %
Feb
17%
Jan
12%
Apr
com—25
32%
32%
32%
3,108
29%
Jan
32 %
Apr
25
27%
27%
Apr
29%
Feb
1,170
1,017,
28 % Mar
29% May.
26 % Mar
29
25
29%
27%
24%
28%
29 %
27%
24%
1,215
25
27%
29%
27%
24
2,536
23%
Apr
26% Mar
pfel class A..25
33%
33%
450
33%
Apr-
35%
Jan
•
—
40%
590
40
Apr
49%
Jan
American
Investment
*
—
32%
33%
41%
32%
442
32% May-
37 %
Feb
American
Tel
al8%
al9
17%
Jan
64
Apr
56% Maii
37% Feb
21%
63%
67%
Jan
Brown
41%
Apr
Burkart
65 %
72%
Jan
Coca-Cola Bottling
25
1,500
__1
;
common
10c
9c
1
Spring.-
Glass
Jan
10%
Corp
34%
States
High
26%
25
10
Supply—_—
65
■,
1
Fireproofing
Screw
Low
.
20% May
9 % May
Pittsburgh Plate'Glass
Pitts
Range Since January 1
1
817
1
#
Sales
Week's
of Prices
10
Feb
preferred
37%
Feb
Gas
Star
9%
£
4,300
6'A
Manufacturing Co
100
preferred
preferred
$1,100
47%
2
___
10%
-
41 'A
65
—
Brewing
10%
preferred
30% May
Jan
10%
Ltd
.
5
1
Edison Co
50
Apr
Apr
21% May'
'37% Jan'
~
8%
1
426
*
Co
30%
Jan
22
20%
System
18
Socony-Vacuum Oil Co Inc (Un)——_15
Solar
Feb
8%
—
Gas
4%
*
-.
18 %
20%
6preferred
485
*
——
650
*
Co
37%
—
13
3%
Jan
common—6
Steel
Ludlum
Allegheny
Arkansas
18
15
Signal Oil & Gas Co class A—
—
Par
...
_
37%
18
Feb
fx Apr
2%
20% Mar
Sale Price
'■
■
...
San
Shell
52
220
230
10
Last
30
1
Security Company
55% May
60% Apr
Jan
46
—
1975
•
Roebuck & Co
Sears
Jan
46%
41%
30%'
1975
4s
—
v.:.,
320
34 %
—
28 %
23%
21 %
30%
—
Friday
4
5%
5%
a22%a23%
7%
7%
a25% a25%
5
Inc
Jan
19% May
2-
(■:.
22
21 %
—'
21%
STOCKS—
5%
60c62%c
—
26%
Apr
Feb
Pittsburgh Stock Exchange
5
—
23%
Jan
37/a
34 %
1
Jan
5
55%
y«
Jan
20
676
551A
40%
155
28%
20%
May
291
23
__■
,
Feb,
17% Mar
26
1,129
28%
17% Mar
511
17Va
28'A
__
Apr
% May
BONDS
5s series
Jan
107
374
5
Jan.
36 %
24%
25%
Jan
3,550
•
Company
37% Mar
24%
—_1__„;—-J20
Coal
Transit Co
Baltimore
Lone
Safeway Stores Inc
May
17%
35 V8
10
Apr
5
60c
20
Feb
23
1
—1
13%
;
Jan
8
125
,
20
225
95
21
1
Jan
14% Mar
32%
183
Apr
317
5
—
3,094
Apr
210
.
20%
>5
17%
2,912 '
15%
36%
Apr
250
5
2.50
20
Jan
10
%
Jan
100
20%
-1
Reserve Oil & Gas Co
Apr
8% May
—
—*
Improvement
Westmoreland
Mar
424
3%
•
Rexail
Jan
Jan
1,125
537/3
__1
,
(Un)
6%
12
23%
*
Duquesne Brewing
Republic Steel Corp
8%
Apr
9% Mar
2,023
15
35%
19%
15%
*
__—
28% Mar
250
12
8%
8%
Warrants
Republic Petroleum Co
35%
28% .23%
28%,
(Un)—.
Corp
(Un)
20% May
33% Feb
Apr
*10%
—
"
___.
Jan
32%
22%
12%
(Un)
30 %
156
al5% al5%
10%
a41% a417/8
12% 12%
a33% a35%
—
Incorporated
856
34
9%
al5%
Pulman
430
32%
3%
—
50
__33%c
25
Pepsi-Cola
Co
(Un)_
Phelps Dodge Corp (Un)
20%
a37% a37%
—
3%
3%
3
36
10
7%
—
50
s.
1
Corp
Jan
34
537/3
—
V
•
(Un)„2%
Airways Corp
Paramount Pictures Inc
—
»
10
(Uni—
Co
'
Jan
75 "A Mar
56%
—
*
common
Co
Jan
a27% a27%
27% 27.%
55
'55
—
25
Co
63% May
12%
9%
—*
Mining
2.65
32
27%
preferred
Indemnity
281
May
310
7%
——3
common—
32%
Feb
20%
-
—
51 %
1,998
*
;_
common
Paper
11%
6
4,800
-
——__25
20
*
Wire.-
preference
Co
17
14% Mar
100
310
6%
2.10
—
,
25
common
preferred
Jan
Apr
14%
_
Pacific
16%
41%
19% May
May
Westmoreland
Pacific
591
496
*
commoncommon
Phi'co
10
a27% a27%
__
19% May
65%
57%
__
*
Power
&
Philadelphia
Jan
19%
15%
6%
—
1
Co
Oil
Oceanic
Ohio
(Un)___—100
Ry Co
Aircraft Inc.
Northrop
Feb
16% Mar
75
14
10
:
common
Mar
Scott
Northern
Jan
7%
56%
50
Light
&
RR
Salt Mfg
preference
div
$1
2.10 Mar
10% Mar
652
3,000
57%
Jan
195
'/
Apr
Feb
5
63'A
1
1
Pennsylvania
2%
9%
—
10
al8
49%
57
—
-10
-50
——
Power
Feb
1%
400
12Va
Jan
63%
5
Corp
Feb
85c
19%
—
1
(Un)
(Un)
11%
__
.
North
1.45
11%
al7%
Jan
Mar
9%
Jan
Philadelphia
Mt Diablo
Jan
Feb
8% Mar
Jan
Los
Inc
Loew's
Brothers
26'A
42
—
10
Gimbel
Martin
Company
Libby McNeil & Libby (Un)
May
8
50
Jan
9
Fidelity & Deposit Co new com—.10
(Un.)
Inc
Loew's
Lane-Wells
.May
Jan
————liV
—-—-*■
13
45%
__
*
County Land Co—
Kern
1
26
150%
Jan
•
Kennecott
High
Jan
140% May
lin« May
14% Jan
Locomotive
Budd
Low
21 Vi
465
2,170
Corporation
Jan
Range Since January 1
High
65,537
Arundel
1.50 Mar
31
Apr
8%
140%
17% May
Feb
27%
25
10%
9c
__
a47
10'/a
__
10c
Co
1.20
a28'/a a28%
—
(Un)_»
Ltd
Shares
24% 26
140% 141%
24%
—100
& Tel
Ealdwin
Baltimore
Intercoast
——*
Stores
American
for Week
Low
Par
Rights
Central
Illinois
Range
of Prices
Last
STOCKS-—
May
Sales
Week's
Friday
High
<
11
—.
Monday, May 23, 1949
EXCHANGES
ENDED
Range Since January 1
High
2.30
—
1
—
Shares
115
5
Corp
Development Co
Hudson Motor Car Co.—,
Holiy
WEEK
for Week
Low
*
FOR
CHRONICLE
Sales
Range
of Prices
Sale Price
FINANCIAL
STOCK
RANGE
STOCKS—
&
St. Louis Stock
Range
Last
STOCKS—
Exchange
Sales
Week's
Friday
Jan
of Prices
Sale Price
for Week
Shares
Range Since January 1
"
Southern Calif Gas 6%
Pacific
Southern
Company
Southern Railway Company
Standard Brands Inc
Standard
Oil
Co
(Un)
(Un)
;
•
Calif
of
(Ind)
(Un)
Standard Oil Co
(N J)
(Un)—i
Webster
&
Inc
64
_25
(Un)
Studebaker Corporation
—
_•
Standard Oil Co
Stone
67
1.065
229
1,183'
67
al6% al6%
Feb
25
1
50
13%
Feb
14
Jan
20%
2,448
16%
Feb
21%
878
9%
Feb
25
17%
Feb
118
19%
•
Tel
&
(Un)_
Co
__
;
Texas
(Un)
Company
Texas
Gulf
Textron
Sulphur
25
Co
(Un)
•
Incorporated
-
__
(Un)
10
Corporation
1
__
common—
Film
Century-Fox
(Un)
11%
common.——.—-——1
common
1
preferred100
Mfg
Jan
Elec
Emerson
Falstaff
Brew
Jan
General
Electric
Feb
General
Motors
Shoe
a63% a64%
175
58
Feb
64
Carbide & Carbon Corp
Oil
Union
Pacific
United
United
Aircraft Corp (Un)
Air Lines Inc
(Un)
United
Corp
California
of
10
Feb
11
Jan
20%
Feb
25%
a9%
22%
22%
23%
24
28%
38%
28%
564
11%
12'A
RR
(Un)—*
common—25
(Un)
Co
50
a80%
Feb
55% May
1
*
—
__
States
Rubber Co
United
States
Steel
New
common
Universal
w
(Un)
Air
Lines
(Un)
Westinghouse Elec Corp
j
Gold
For
(F
W)
(Un)
Inc
Western Union Tel Co
Co
see
—
12
13% Mar
Johansen
695
20
Mar
24
Johr.son-S
38%
345
37
Feb
41%
30
1,230
25%
Feb
a80% a82%
109
78%
Feb
86
24%
112
22%
Feb
26%
12%
12%
100
11%
Feb
14
3%
3%
175
2%
Jan
a38% a39%
228
70
71%
744
24%
827
41
1,125
5
12
12%
6%
6%
•
10c
page
al5% al5%
42
—
__
225
150
10
•
Feb
140% May
High
17% May
150%
16%
Mar
Apr
24% May
112
May
Jan
May
132 May
29 %
31%
Jan
18%
Feb
25%
Feb
113%
__
25%
32%
37%
57%
70
23%
35%
Feb
Jan
Feb
32% May
40% Jan,
203
50
960
56%
Feb
62%
Feb,
24%
Apr
28%
Jan
19%
Jan
25
Apr
27
2'A
7n
260
25% May
1% Jan
39%
Feb
42 %
40%
44 V8
26%
D
common
2%
2%
24%
-
Jan
<
2"% Mar
Jan
31% Mar
1
40
10
152
36%
57%
26 %
24%
—
——_6
International
Jan
Feb
23%
23%
5,739
aa
24"%
1
common.—
Jan
&
10
10
•
(Un)
(Un)
Mining Co
footnotes
—
1 ftf
1
30%
32%
—
36%
57%
10
Mar
S
10%
1
Consolidated Oil Co
Woolworth
Zenda
•
i
Warner Bros Pictures Inc
Western
10
Corp
i
112
_——_—5
Hydraulic Pressed Brick common
_1
Huttig
May
Shoe
Jan
&
Shinkle
36% May
69% Jan
—
Laclede-Christy
Apr
Laclede
Gas
Mar
LacJede
Steel
39%
Feb
common
8%
8%
7'A
6
7%
6%
20
150
'7% May
—
11%
250
11% May
11%
;
;___
Piping & Supply com—
Missouri Portland Cement
24% May
North
42% May
Rice-Stix
484
9% Feb
12% May
St Louis Public
Service
175
5%
Sears
&
Jan
14
Mar
May
7
Jan
18
Jan
22'A
35
19% Mar
22% May
7%
Apr
14% Mar
American
Roebuck
Securities
com
common
Invest
25
17%
17%
225
16
Jan
17% May
19
19Va
94
15%
Jan
19%
20%
__
(Un)
10
—
19%
*
..
20%
10
20% May
25%
4% Mav
5"%
class
Co (Un)
A
—
Jan
39"%
Jan
2,039
4%
4%
100
37%
37%
37%
100
31%
50c
*
31%
31%
22%
Apr
26%
Jan
Sterling Aluminum common
1
11
155
45% Mar
47%
Jan
Stix-Baer
5
12%
11
12%
3c
2,000
4%c
Jan
Wagner
36V4
37'A*
Jan
8% Mar
8 %
34
7
200
3c
May
Jan
16 V4
23
3c
6
2% May
Feb
10
27% May
16'A May
6%
27%
a4o% a46%
22%
8 %• May
175
10
6%
27 %
*
•
2% May
28'A
16 JA
22 VA
4
common
Feb
14% Mar
8%
145
25
100
20
common
23% May
62
2%
..5
■
Meyer Blanke common'--:.-
35
Feb
1
2%
42
—
-.
5
Feb
77%
*
common
Knapp-Monarch common..;
Jan
3% May
—1
2%
—
•
common
Shoe common—
Midwest
United
—
•
(Un)
Griesedieck-Western Brew
170
4,441
,
24%
5
10
(Un)
141%
31%
•
16
Mar
35
(Un)
common
common
Key .common
Union
Union
Low
40
368
17
17
17
24Vs 24%
112
112
.
—
•
—1
common
19%
49
23%
•
30%
,
141
140%
1 aV; .:/>
Shoe
30
315
11%
11 %
28% Jan
55%
12%
2
Trancontinental & Western Air_______5
Twentieth
55%
a8%
50c
Tidewater Assoc Oil Co
Transamerica
__
100
——15
(Un)
Rights
General
,
&
17
—
Jan
11 11'A
al9% al9%
a29 a29%
—
25
Swift
67
19%
1
Sunray Oil Corp common
4% %
preferred class
44
.
a39% a41%
a40
25
___*
(Un)
.
1
common
High
Low
Par
&
common
Fuller
Electric
common
common.-^
15
36%
'
5
150
25
881
.....
34%
Feb
31% Mar
11
May
Apr
Feb;
32% Mar
15
Jan
12% May
13% Mar
36% May
46
Jan
Volume
169
Number 4805
COMMERCIAL
THE
&
FINANCIAL
OTHER STOCK
RANGE
Friday
Par
Air
Reduction
Alaska
Co
Juneau
Gold
Min
American Airlines Inc
a3 %
a
I
9%
Low
23%
10
Co_
Range Since January 1
High
23%
Matson
(Un)-.
175
3%
20
9%
20%
215
McEryde
j ;.'
2%
Apr
7
Meier
-23% May
:.
Jan
3%
10
Amer
Power
Radiator
&
&
Light' (Un)-,—»
Stan
San
(Un)
American Smelting & Refining
American
Tel
Rights
&
Tel
i
w
Co
American
Viscose Corp com
American Woolen Co
(Un)
Anaconda
Anglo
Copper Mining
California
(Un)—1•
(Un).
&
Atchison
Co
111)
(
Top
&
Atlas
Corp
Adas
Imperial
Bank
.
a5%
5%
May
50
5%
10P
—
N
5 %
29c
450
9'/4
9%
A—
6%
6
l
3
;3%
200
100
301
302
65
Aviation
Bendix
Home
Bethlehem
Corp
31%
31%
150
(Un);
5
Appliances
Steel
:
33 Vic
(Un)
8 %
•
27%
a
8%
8 %
32c
2.50
7%
:
Holdings Corp (Un)
Boeing Airplane Co
(Un)
Borden Co (Un)__
1
v
Bo.g-Warner
t
Corp
1
Jan
f
;;
May
10
r
5
33%
Broadway Dept Store
Bunker
Hill
Byron
&
44%
7% Mar
14%
(Un)
2.60
Co
62
21%
Feb
24
330
40%
Feb
170
47
Mar.
8
May
*
8%
500
15%
438
23%
35
a
23
a
Calaveras
Calif
Cement
Pacific
Co
1
Trading
pfd
Preferred
Canadian
•
,6%
Mar
9
6 %
14% May
22
50
53%
53%
6
38
(Un)*—
25
12% al2%
Jan
8%
J
i!
Tractor
6%
|
Apr
Feb
36%
.Celanese
Corp
Central
Eureka
of
58
Apr
25
12
Mar
14%
57%
522
54
Feb
59%
25 V2
25%
246
25% Mar
30%
1.05
1.15
2,500
1.80
Jan
Co
(Un)
Chi
com
Mil
St
Paul
Preferred
).
RR
a
25
(Un)
Broadcast
B
19
a23% a23%
—
(Un)
Sys
&
a47%
class
17%
a
a
17%
al8
a
A—2%
—2%
17%
Consol
Edison
Chemical
Ind
Co
Aircraft
150
25%
Jan
27 Vb
1st
177
35
Feb
44%
Jan
•
22
22%
(Un)
22%
63
2nd
preferred
Giorgio
5
23%
Class
S3
B
common
Dumbarton
Eastman
Bridge
Electric
Oil
Works
Bond
Emporium
Capwell
Co
A
(Un)
Kleiser
Preferred
—
General
Electric
General
Foods
General
Motors
Paint
4 'k
State
1,529
117
94
Mar
i94
Feb
Feb
27%
25
100
1,238
7%
Jan
9%
30
9%
Feb
12%
9 Vb
Feb
12%
60
Apr
28%
5"%
155
5%
125
43%
44%
11
11%
15%
15%
35
35%
11
35
24%
5
42%
350
12% Mar
Greyhound
Ry
675
33
al5
3
284
5 3/8
380
—25
26%
26%
34
1,092
5%
Feb
Public
54
Pacific
>.• •
Bros
Holly
Honolulu
Hudson
Hunt
Oil
Motor
Foods
18
\
V
26% May
56%
17%
Feb
36
Feb
39%
41%
Jan
]
Idaho
Maryland
FeD
Apr
%
i
Apr
25
Feb
I
')
:
250
11%
11%
1,377
10
Feb
12%
Jan
53 %
180
57
Apr
62%
Feb
41
250
41%
Feb
44
Jan
1%
1%
810
39
39
350
11%
11%
620
10%
13%
13%
192
13%
Jan
18%
183/e
301
16%
Feb
1% May
38
-
Feb
18%
1
2.30
2.50
■'*
—.56
56%
2.30
1,100
-
■
Airways
.
(Un)_*
..11
> 325
.
i,
*11 ..,/
10
11
10...-
••
1.90
■
,1.90
52
200 fv
;
••I
1-7
i•
■']
/
13% May
19% May
May
4%
•
Feb
66%
1
Inc
(Un)
Inc
&
Co
(R
Corp
_
H)
32%
16%
;
10%
>:
100
Feb
8%
Feb
28%
28%
35%
1,475
1.90
290
Jan
32%
-
Marchant
Calculating
(Glenn)
Martin
Co
.
.
.250
,
100
5%
45 v2
43%
43%
29 %
a7%
5%
5
.45%
29%
1
a7%
50
.
a20
For
17%
II—2Ii
footnotes,
Machine
5'.
_1
see
page
42.
562
11
May
4
170
4
Feb
3%
4%
4Va
20%
20%
32%
Jan
2.65
Jan
33
28Va
30
Jan
•
13 Va
Jan
'
Jan
Jan
5
;
t-
6
Jan
21
Apt
30%
6,904
369"
Apr
18% Mar
150
32
—
33%
•
Jan
|
,
'-'.'y'lj
Vt
;'
Feb
1.096
33
Apr
35%
Jan
30 Vb
30 %
574
30
May
32%
Jan,
27%
27%
466
27
Apr
29 %
Jan
27 Vb
1,583
26 %
Apr
28%
Jan
52%
416
50%
Feb
54
Jan
100% 100%
20
100 Va
May
104
Jan
53
154
49% Mar
58
Jan
34
34
26%
a
53
53
%
19
.
19%
26
26 Va
90%
90%
__
26
90%
450
3%
'
>;
V
'
Feb
89
19 V4 May
Feb
24 Va
Feb
29
13
]35%
3%
•
26 Va May
^
96% Mar
Jan
215
3%
a9%
15 V2
690
'
140% 140%
—
Feb
Jan
4%
Feb
10% Mar
Feb
20
a9%
70
8%
18
18
380
16%
1
22
22%
300
20
Mar
24%
Feb
50
15 V4
15%
255
15
Mar
17%
Jan
33l/3C
10%
10%
170
Jan
11%
Apr
—25
42%
42 %
335
39% May
49 Va
Feb
59 %
59%
168
52%
Feb
60
5
5
30
May
6
12%
•
'»
7%
5
•
(Un).:
5
May
V2 Mar
13%
1,075
12% May
21%
Jan
■'%J 42
32%
Jan
35
Apr
a29% a29%
—
•
8%
Jan
a33% a35%
"5
25%
Feb
32 %
Apr
UVa
Feb
14%
12%
a33%
*
J*
—
Corp
of
Keith
Orpheum
America
11%
(Un)
(Un)
11%
12
763
V4
8%
100
50
'50
30
a23% a24%
123
8
1
50
a23'
Jan
l\
Jan
9
Apr
" f
Jan
7%
50
57
Jan
28 V2
Jan
22% May
25
30
30
505
29 %
May
34%
Feb
*
21%
21%
277
26%
Jan
(Un)
Cement
&
W
San
Stores
36'%
2,841
25
Jan
24 %
493
21%
Feb
11
11
11%
400
11
Jan
]27s
23 %
491
16%
Jan
7c
34,500
6c
Feb
; 10
'j '679
32
32
% 37%
37%
37%
_15
a34%
1
26%
Sperry
...
a347/8 a35%
25), 2
;
154
Jan
32.;
Mar
' (
34%
Feb
39%
Jan
;'
31
Feb
38'/a
20%
Jan
26
May
Jan
22
815
24
623
15
Feb
17%
Jan
-5
23
1,495
23
May
28 >/»
Co
com
Apr
(Un)—*
32%
32 %
32 3s
1,997
29%
1,653
<
: v
Apr
16
24%
21
21
29%
25
4.88%
Feb
32% May
Jan
24
25
:
19%
24%
27%
27%
1,132
26% Mar
29%
29%
29%
1,916
28
29% May
28
28
225
27%
Apr
25
—25
—-—
28
-
24
25%
May
Mar
Feb
Jan
28%
Jan
35%
Jan
23%
466
33%
Apr
41%
586
39%
Feb
49%
26
26
190
25% May
27%
Apr
18%
19
397
20%
Jan
Jan
If
Jan
,
25
A
ser
40 %
1
pfd
33 %
•
Co
Gas
Pacific
Co
Corp
Standard
Brands
Oil
(Un)_
Inc
of
Co
/
__
19
•
*
Calif—*
Studebaker
63%
63 %
64%
67
67 %
4
20'/a
56%
67%
72 V4
16%
235
•'
10
Feb
Feb
Feb
20%
16 Vt
820
18
—
Jan
67
590
18
18
1,970
67
19 3
Corp (Un)
Mold Corp
1—.
Super
Mar
23
——.
preferred
L
.
11c
15%
—*.
(Un)
4.56%
■
i
i
30 >
'450'
26
23 V4 May
f
.
Feb
15
(Un)
preferred
Southern
7c
—♦
——
pfd-4.48%
California
So
22%
22%
7c
32
i..
Edison
j
3878 May
25% Jan
(Un)__50
Cement
Pulp Co_
Calif
Jan
24
5
Oil
19%
34
P10
Co
Corp
Apr
—10
Oil
Oil
16%
34
Inc
Union
Feb
233
24 %
Inc
Portland
Cruz
36 %
165/8
(Un)__ •
A
Mining
Roebuck &
16%
* '
class
Co
190
21% May
35% Jan
a36% a36%
*_
1
Corp
Foods
Fine
Maurico
Santa
10
Manufacturing Co
Oil
Swift
So
&
Texas
Feb
18
Jan
Jan
j
Mar
171
30
Mar
55%
55%
440
49
Feb
55 % May
22%
22%
506
20%
Feb
25 ya
11
n%
6,483
a29 a29%
25
(Un)
25
(Un).
Company
'
10
22 %
2
11
Vs'
10
30
Jan
12
Mar
.
J
Mar
13
■
j
Jan
13
100
10%
Jan
13V4 Mar
38%
38%
665
-36%
Apr
41%
750
25%
Feb
24
Feb
10%
Jan
5
*
Union
Oil
Co
Calif
of
United
Aircraft
Air
Corp
Lines
2,075'
Jan
Feb
T
t'
2.20
Jan
Corp of Del
Paramount
S
Steel
Victor
32% May
\
17% May:"1'»
■
28% Mar
Corp
a
20
all %
•
•
L_ '
17%
!
'31% 'Jan
May'
.
-
•
-5
May
43"' May
345
40
Feb
29
"" May
39%
.
V'
Wells
I
?/
*
9
Jan
31%
55
.
.'—
12%
75
239
9% Mar
3%
3%
250
23%
23%
480
Jan
71
410
69%
?
^*"46%
Jan
10%
40%
35
Feb
8
8%
257
8
Mar
12%
845
9%
Jan
3%
Apr
24 % May
78 V# Jan
'
'
Co
.
\
'
].
Fargo Bank
•
•
& U
Petroleum
•
—1
—5
•
%
-_
.
45
9%
Jan
Jan
12 % May
Jan
'
..
T-i_j
common
(Un)
40%
-
280
280
5
(1.00
1.00
1,15
9,184
6%
6%
6%
993
6 VB
Jan
16 %
I6V2
205
15 Va
Feb
5%
Feb
—100
(Un)_*_l."
—1
l
270
•
85c
281
Apr
Feb
Jan
1.20 May
7%
Jan
'
West
Coast
Life-insurance
i
Western
Air
5
Western
Dept Stores
Pacific
Western
Union
Lines
Inc
.(Un)
_5
<Un)'*L
50c
"6%
100
15%
504
a23% a23%
.
6 V2
15
1
common.
31
-17
7%
13 % Mar
16
Apr
Apr
Jan
Feb
16%
Jan
21%
14%
Jan
185
30% Mar
18% May
31% May
Apr
Westinghouse
RR
Co
common
Telegraph
Elec
Corp
*
al5Vs
(Un)
(Un)
al5% al5%
22%
12%
23
a
a...
15
20
Feb
22% May—
450
•
—
16% Mar
26%
Jan
~
al0% ill%
277
10% Mav
18
Jan
21
Apr
23%
Jan
Feb
11%
Apr
21%
21%
110
a9%
a
9-%
25
9%
1 j
24V4 Mar
i
14% Mar
Jan
330
11%
^69%
2%
(
Jan
32V4 Mar
U
31% Mar
:
23% May
.69 3 4
'
*_♦
Pictures'- (Un)—1
'
•
'Preferred
55%
635
18%
31%
30
24% a24%
12%
—
1
(Un)
Theatre—
common—*
Equipment
Warner Brps
Westates
35%
205
■
a
a24%
5
*10
\
.
467
.
29%
common__;l_25
(Un)
Inc
United
U
.10% Mar
Jan
7%
5,650
35 Vb
1
———
11%
4
'
a
Mar
41c
Apr
'
•(
j
'
__
Co
11
•
~
a51%
Universal Consolidated Oil —Li*-*—!10
':4
17%
—
common
Magnavox
25
28%
1.95
'
'•'13 L.Jan
"
35 %
;' .'.
5
..
'•
i:
26 % May
—•
common
(Un).—
United
Jan
'
Loew's
Macy
Aircraft
Jan
Jan1 /
Jan
"
*
—
28%
a
140%
i
*
2:00
32%
•»' ■
;
v
-
Feb
162
•
j
"
—
Inc_
23c
600
21 Vb
(Un)
Western
Lockheed
G)
Apr
11% Mar
v
Corp,f.(Un)„1
——;
(R
May
200
29c
a51%
Pictures'(Un)
United
-—6%:
Land/Company
County.
Leslie Salt Co
LeTourneau
9
29c
100
.f
Apr
.
.
Kern
...
2% Mar
39%
May
\l~
•
(Un)_
% Mar
:
'
Kaiser-Frazer Corp
Kennecott Copper Corp
19
i
41
1
Canada
Jan
10
30%
(Un)
t.
41
11%
22%
•/'" • •/
of
Feb
14
9%
25
62%
3
Nickel
15%
|
18 Vk
(Un)_*
-—20
Idaho, Power. Co-L—_—_—
Independent Exploration __j— -33 %c
International
60
Feb /
10
2.00
•
com
Standard
Jan
58
*
•
11
Mines
Feb
15%
540
ai4%
26 Va
10
43% May
24%
23%
100
—
7
;
27% Mar
Feb
115
25
Pullman
Jan
Jan
1,035
J-_„
41
41%
al4%
34 %
common
com
Companies
Convertible
Jan
17%
Car, Co—_
Inc
(Un>_
Phelps Dodge Corp (Un) —;
Phillips Petroleum Co—
Pig'n Whistle conv prior pfd
4.32%
Jan
57%
•
Mar
—
100
American
Conv
6%
17%
Corp—
Jan
,18
•
Pennsylvania RR Co (Un)
Pepsi Cola Co (Un)„
J
Apr
5
57%
Pineapple-Co Ltd,.*
Development Co
1
Tel
Motor Co
Southern
7%
200
57%
Jan
28%
1,129
Hawaiian
11
Feb
1.95
—*
Socony-Vacuuln
Mar
43%
Inc
Feb
25
Service
&
Tel
Soundview
May
373/8
* -1
•
Stores
9%
17%
32 %
common
Preferred
A Jan
Mar
4334
Corp
;t
120
131
7 % Mar
■
Sinclair
1
•
Hale
9%
26 V8
—
25
preferred
Shell
22 %
36%
pfd
12%
al9al9%
•
Pacific
Preferred
% May
43%
non-cum
11%
10% Mar
1.95
25
Signal Oil & Gas Co class A_
,•
North.
10% Mar
559
26 %
25
Cement
Sears
)5% May
39
Jan
1
10
(
47% Mar
14%
23
pfd
Jan
10% May
4,200
al5
Feb
Mar
7%
1,250
%
al5
40
328
1
Graham-Paige Motors (Un)..
Great
140
12
4%
preferred
Safeway
Apr
27%
5%
22%
*
all
9%
5
preferred
Portland
S
Jan
Feb
27 V2
(Un)
Feb
__.>25
Lighting Corp
Richfield
Jan
42
common
17%
41
10
preferred
Riverside
Jan
Feb
576
50
36%
Ltd
621
4
1st preferred—
red
Rheem
Jan
95
V
Feb
*
preferred
Jan
17%
9%
I-'V.:,--
*
Reynolds Tobacco class B (Un)
Feb
a9%
5%
•
Goodyear Tire & Rubber
Jan
11
Feb
-
—20
Preferred
Jan
94
*2%
2nd
15%
Feb
6%
11%
"
common
Republic Steel Corp
97 % May
5%
(Un)_
conv
Apr
'9%
200
al9
Railway Equip & Realty Ltd pfd—100
Rayonier Incorp
common
1
Jan
9%
lo
Corp.,
Co
11
23%
(Un)
Corp
A
(Un)
Radio
Api
5%
_i
———
Corp
Radio
May
9%
20
Gladding McBean & Co—
Golden
365
50
♦
common
Corp
General
May
322
8'A
8%
—5
—
Co
30
12 %
Feb
24
1
—
365
.9%
...
class
preferred
Apr
8%
a9%
a9*8
(Un)..10
Liquidating Corp—Machinery & Chemical
&
10
_io
R
Food
Foster
Jan
94
■»
Co
Feb
8%
«
r
Share
&
Eureka Corp Ltd
Ewa Plantation Co
F
common
6%
285
205
*
—I
—
285
10
97 %
.
.'—5
_*'
Co .(Un)
(Un)
Co
6%
96%
com—5
—
Fields
Kodak
Dorado
A
.-5—
preferred
Dominguez Oil
El
class
50
245
Jan
10%
23%
*
Corp
12
Jan
7%
1
Aggregates—".
Pacific
23% Mar
43%
Apr
365
„*
Fruit
21% Mar
41%
10
Curtis Publishing Co common
(Un)„*
Cujtiss-Wright Corp .(Un)—
l
Di
Apr
57% Mar
■■
■
6%
10
—100
common
%
•
3% May
10%
1
.—
a
761
1
Inc
a
a42% a43%
l
Continental Motors
Bank—1
22%
•
al0%
•
1
(Un)——
Co
1st
Fure Oil Co
May
37
—
Corp_
Puget Sound Pulp & Timber (Un)
■
Jan
27%
Creameries of Amer
Corp
22%
:
37
(Un)
*
Apr
27%
(Un)-15
Preferred
%
Jan
Natural
Zellerbach
18
f
:
May
2%
Vultee
Crown
165
Jan
97
30
Consolidated
Natl
57%
48 % May
Apr
1,600
Consolidated Edison Co of N Y
First
May
42% Mar
'95
*
*3%
Consolidated
Crocker
Jan
—25
A
Gas
% 20
32%
50
17%
—L—
class
:
Jan
Feb
j
3%
(Un)—0
'
Commonwealth
Jan
19% Mar
•
Electric
&
Paramount
——*
Southern
52 Va
450
al2
20
;
Paraffir.e
Jan
8 Vb
30%
881
97
34%
Feb
6
118
97
Feb
31% Mar
25
53
a47% a48%
.100
—
Commonwealth
50
50
lo
City of Piris 1st prefererd
95c
430
a6 V4
25
Cities Service Co (Un)
Class
33%
a6%
100
Chrysler Coip
Columbia
33%
*
(Un)__
395
21
22c
10%
__
100
(Un)——
Filters
Finance
Packard
Jan
1
i
Apr
•
Chesapeake & Ohio Ry
54%
;
Jan
57%
America
Mining
53
_10
(Un)
cap
5 'A
Jan
Feb
52%
•
Co
Feb
17%
all
(Un)—10
(Un)_
Sugar
5% %
$5
Apr
Apr
30
Co
Co
Gas
Pan
Caterpillar
•
Jan
17c
7%
„
,
—1
Cons
B
Pacific
Jan
Mar
6%
422
35c
100
Jan
al2
*
(Un)
Railway
5%
i
Jan
25 %
22
33 %
6
18,600
18c
Apr
7
,'*.t
Mar
23
310
%
32%
_
Ry
6%
«■
•
—
Pacific
6%
(Un)
common
Packing Corp
Jan
17%
Feb
10%
-
•
'*
(Un)
cap
Petroleum
Oil
Oil
1st
California
24
26c
22% May
22c
Jan
.
__
-
•
common
Ltd
Sugar Co
Pacific Coast
I
41% May
50% Jan
14%
15%
Pacific
Oliver United
Jan
8%
-2%
250
11%
i
Jan
1.95 Mar
a44% a45%
—10
Sullivan
Jackson
475
2,485
41%
22%
21
1
(Un)
cap
Oil
Pac
8%
41%
a
33% May
18c
5
<Un)_
American
Northern
Class
Jan
2.25
a21% a21%
5
Prod
Co
Pacific
.Feb
27% May
8%
_15
__
33 % May
25c
53
1
American
Onomea
Jan
34% Mar
"
(Un)
(Un)
Aviation
Oceanic
Apr
4%
355
2.10
l
146
„
*
—
Company
Occidental
Apr
,10%
Feb
30% May
8 Vb
Corp
American
6%
Bishop oil co_;
Blair
(Un)
Fibres
Lines
/
Jan
11 Vb
Apr
295 %
560
,
33V4
10
York Central RR
Oahu
Mar
Feb
10% May
9 % Mar
101
28%
27%
4% Mar
—
1
Co
North
'
i
.Bendix
.
&
North
Mar
Apr
27c
105
—
120
20% Mar
Feb
-4%
145
^100
(Un)
10%
5
33%
•
^P10
Un)
Co
Distillers
Ohio
10%
Ward
Auto
New
'•
13
Cons
City
Natomas
'
Jan ■?;
102
20% Mar
200
,6 %
%
Jan
102
400
29c
6
M
National
9% May
7% Jan
146
High
800
22%
—18
Mines
Low
15
5
10
Lode
Range Since January 1
High
14V4
.
31% Mar
a21 % a21%
(Un)
Inc
North
Jan
Jan
a21%
&
National
'
Jan
6%
"60
M
National
'
Feb
28%
j_
California
37%
34%
734
(Un)
Eandini Petroleum j
Apr
25%
200
a5%
&
Monison-Knudsen
Jan
30
2.50
'
•
61 Vb
9%
a86% a86%
J
Montgomery
-
May
9%
n86%
Mother
H'A
5
Inc
Co
Nash-Kelvinator
27% May
235
100
Frank
Shares
Low
01
(Un)
Co
for Week
Feb
Jan
29%
Co.
•!
,
53%
149%
1,346
29
3
'
Apr
Jan
20
Engine
•
Locomotive
of
27%
(Un)
I
10%
14%
(Un)-"'
a
(Un)
Baltimore & Ohio RR com
Bank
60
29
5
Fe
Mining
•
Baldwin
a51% a51 %
5
Diesei
'"
22,564
26
-
Atok-Big Wedge
Avco
Mfg Corp
1A
*
(Un)_
Santa
(Un)
14
Feb
141% May
1A May
53% Apr
1,590
&
(Un)—
Co
& Robbins
Mindanao
Apr
11% May
45% Apr
20
% 141%
1A
7%
950
295
50
Arkansas Natural Gas
Corp cl
Armour
141
l3/8
(Un)
National
11%
a44% a44%
.100
(Un)
•
10%
11%
.'—
:
: 9%
•
•
Range
of Prices
Mar
M
American
Sugar
McKesson
High
Feb
Navigation
Sales
Week's
Last
Sale Price
Par
Shares
Low]
(Un)
20
STOCKS—
for Week
of Prices
Sale Price
MAY
Sales
Range
37
EXCHANGES
ENDED
Exchange
Week's
Last
:
(2241)
Friday
San Francisco Stock
STOCKS—
WEEK
FOR
CHRONICLE
Willys-Overland
Woolworth
'
(F
Yellow Cab Co
Motors
W)
(Un)
(Un)
common—j
1
a4%
10
a46Ve
H
a4%
a4%
a46 VB &41VB
'6%
6%
12
5
Apr
7% Jan
155
44%
Jan
47%
Jan
100
6%
Jan
7 Va
Apr
38
(2242)
THE
COMMERCIAL
CANADIAN
RANGE
FINANCIAL, CHRONICLE
&
FOR
ENDED MAY
20
Week's
Friday
Montreal Stock
Exchange
STOCKS—
Last
■
'vX'
..Friday
•
Last
'
Abitibl Power & Paper common
•
$1.50 preferred
Acadia-Atlantic Sugar
Algoma Steel
class A
Can 4%
Electric
Canadian
Anglo
pfd
4% %
Tel
.Asbestos
pfd
Hardware
Bathurst
Bell
Power
&
24
class
class
Paper
20 y4
24 y2
Jan s
330
880
25"%
25 %
1,210
7%
7%
25
44
44 %
85
"
5%
6
11%
Jan
61%
26 'A
44
47
Apr
5% Mar
100
Apr
Placer
76
21% May
11% May
26 y4
Jan
12%
Jan
•
Ltd
Brazilian
Trac
Light
-
19
18%
19
2,730
18% May
23
Jan
41%
41%
41%
3,809
38%
41%
Power
..British American Bank Note Co
.9.25
*
9.25
200
18%
19
1,942
*
American
&
Oil common
18%
_
8
Mar
18%
Feb
20%
Apr
14
200
12
Jan
14 y4
Apr /
22
Feb
24%
Jan
25%' Jan
24
24
24%
1,094
25
24%
24%
24%
880
24 y4
Apr
*
2%
2%
2%
175
2%
Feb
&
British
Forest Products
Columbia
Class
Bruck
B
Power
Ltd
Mills
Corp
cl
A„»
:
.
26
26
class
A
*
Bulolo
Gold
Dredging
Cement
15
Apr
5%
150
5
Jan
27%
525
27
15%
16,%
300
15%
22%
64
29%
200
27%
Apr
9
9
125
8%
Apr
,'
Canadian
common
Canners
Ltd
•
—
common..
*
•
20
$1.75
i_1—1
J
Canadian Cottons
,
,
19%
!
-t—•
15%
15%
15%
92c
13
Mar
16%
Apr
;
common—L~r-__•
.50
50
51
1,960
,48
Feb
60
€0
96
Feb
21%
Foreign
Cockshutt Plow
j
;•
290
14 y2 May
__
20%
20%
1,305
36%
37
170
36% May
39
21
21
200
20
22% May
,
37
—
Wj
,19%
Jan {•
Apr ;
Canada—;
Ltd
9
13
Feb
20
13% Mar
13f;'4
.47%
47%
46
27%
175,
26%
.
May
Mar
Feb
26%; Feb
28 y2
Jan
..36%
Feb
.30%
,29%
775
28%
Feb
13 y4
330
12%
Jan
13%
13%
;
•
12% /
5
97
13%
3,173
;
,
13% Mar
17 Va
14%
.*
120
97%
1,024
95
Apr
a24»/2
a25
35
20
Feb
30
Jan
>38
■*50
35
Jan
16
1,350
; ' 38
—
16
Dominion Bridge—
pomlnlon Coal 6% preferred-
,
L.
Dominion
j
Dairies
Dominion Glass
T'/o preferred
,
•
—25
36%
36%
18%
122%
Jan
,
i:
—
class
B
25
Dominion Tar & Chemical
s
common
.
Dominion
Textile common..^
preferred ___1
*"
7%
Donnacona Baper 4%%
-
•
_•
pfd—
\
Dryden Paper --a:
,f
A—
21Y
Feb
50
15%
940
125
200
10
2,185
40
Electrolux Corp
Estabrooks
1
j
Corp.-
(T H)
4.16%
pfd
Fraser
.
Co
—*
8
Jan
•
Mar
8 V2 Mar
35%
Feb
39%
Apr
31
Feb
34%
17%
Jan
_•
preferred—
,
Gatlneau
/ /
,,s'
.
—
Power
21% Mar
common—L
(George)
Bakeries
21%
Jan
,10% Feb
165
Hamilton
Howard
,
,
$2
95
May
Mar
al9
5
19
Feb
835
14
Feb
15%
Jan
27
525
24
\Jan
27
23
927
22%
Apr
28%
May
98 %
Jan
a97
92
50
10
97
85
Jan
92
May
60
102 y4
Apr
106
Feb
.alio
alio
10
109y2
Jan
110
9
225
2
Jan
2'/4
Jan
14%
15
437
14
Feb
15%
a51
15
51
Apr
52%
Jan
10
10
10 J/4
*
29%
29%
"30
485
46
46
85
?■ 83
43
43
43^8
790
18%
18%
5,044
Imperial Tobacco of Canada common_5
'4% preferred
L
1_1
25
13%
13%
14
632
4
% %
5%
preferred
,
98
100
pfd-
25
1_*
■*.L International Paper common
International: Petroleum
International
16% May
•/■/.
15
Ltd
Co
8%
17%
/
Jamaica
•
Lake
Service
Laura
Ltd
Feb
25
I
A)—
Export
10% May
class
5%
"
«
Corp
Ltd
*
common
preferred
V
&
i
13% Mar
14 Va
Jan
f
25%
Apr
i!
;
McColl-Frontenac
Mitchell
Montreal
Oil
_*
6%
Jan
,VU
Feb
23
83 y2
Jan
' 5
97
Jan
85
98
Feb
May
96
25
Jan
May
30
22
Jan
49>/4
48% Feb
Apr
51
1,420
8 %
9
1,193
Canadian
5%
'(*
.
r
.
"•
52%
84
Locomotive
15
14%
15%
3,689
13
13
20
20
90
19%
Feb
24%
24%
24%
140
22%
19
19
350
16%
Feb
14%
Jan
15
15
15%
90
11%
12%
200
Jan
I
Jan
i,
Jan
I
6
300
475
11% Mar
13
42,
Jan
25
»
5
25%' Jun
-
28 %
.1
J
Jan
Jan
.
629
24% May
Apr
25%
J.an
25
.
20%
Feb
Feb
26 %
!Jan
36
720
('
34''" Mar
36%."Apr
1,851
.
253,4
:v
19% Mar
:
25»:
Jan
26 V2
35%
Feb
37
25
-Apr
Feb
•<•»)
Pr
&
&
■
$2,000
50
Jan
50
Jan
* -
47%
>/
'
•—
16 V2
*
20
Mar
i
11V4
ll3a
375
10%
Feb
12%
Jan
i
9%
9%
9
Mar
11
Jan
11
all
all
15
12
Feb
14
Jan
al0% al0V4
-15
10
Apr
/ 12%
Jan
100
5% Mar
6:%
Jan
50
85
May
'"-2%-. Apr
.
5%
5%
85
"85
.'-2%
Vickers Ltd
27b
.
1,160-
85
325
84
a3
50
3
"12
25
11
18Y8
12
,
Apr
,
;
|
' {
Feb
4
Jan
;
103
J"an
|
4
Jan
;
Feb
'
H
106
Feb
84
a3
.
.
.
Apr
12% Mar J
23
Jan
50
Jan
203«
345
47%
47%
20
•
6l/2
6'%
75
«
a95
a95
20
90
Feb
15
12%
Feb
'13%
16%
228
15% Mar
17 Va
Jan
20
20 V4
257
19% Mar
22
Jan
^
Jan
-16%
.
-
42% .Feb
••
'
8%
6% May
Jan
;
'
j
Feb
90
35
75
May
81
Jan
a31
3
30
Feb
33%
1.35
1,454
1.25 May
2.00
1.00
1.00
-6
:_9%
9%
10
5
1.00-May
"9% May
22% Jan
11
jan
Jan
a22%a22%
:
M
Jan
1.25
75
.1.00
-
75
2.00
Jan
11
.
24
Feb
84
" Mar
y ' -
2
Co
•
81
82
515
3%
3 %
2,100
a51%a51Va
10
,81
*
common
Lumber
Knitting
3%
'■%>--•;■
Steel
Prod
Ltd
3%
50
-
>r
:
Feb
Feb
4
Apr
Feb
52
Mar
9
30c
.
—100
32
100
30
Feb
6
a6
20
6
May
34
"6
9Va
125
9
May
11
,30c
35c
25c
Jan
65
70
54
Jan
:
j
'!
Jan
a
.
:
,
11
I I
May
9
.
—*
common
63%
32
Co Ltd—*
Alcohol
65
Ltd
common—*
Consolidated
V
3%
>,
n
12,546.
109
60c
*
Jan
.
Jan
100 :
Jan
G
-27%
27%
25
16%
16%
—
-18%
I8V2
1-
.47
47
15
Ltd_*
5%
•
pfd
l.20
Engineering Works Ltd
*
cum
16 Va
-
3% Mar
Y//87
/ 31
,
—___*
Lithograph Mfg Co
251
3%. "/
30c
15
Stand Sec. .elkss Ai.y'.r-v;.; /--/
—„1——
Coniol Tex Mills Ltd
1
Jan
60
a31
com—*
.
rj
15
1.30
A——*
'
■»
f
High
-
30c
:
v
30c
Jan
35c
May
15
May
Jan
Jan
26% Mar
30
Feb
15%
Feb
18%
Apr
325
18
Jan
147
*
.16
42
Feb
:
"
4,942
19
Feb
,48
Jan
40
Mar
}
'
19%
Lou)
High
Jan
//
;L_*
class
■••• -»
^
.
Range Since January
,
10
9%
■
/ ;
Shares
175
84
—1
Products
v
Sales
for Week
10%
Col——100
Power
-
•
Preferred
•
Jan
-
15% Mar
15
90
90
Jan
234
I
;
common
Paper Inv Ltd
Silk
Commercial
Jan
11% May
8% May
6% Mar
50
~
Apr
Dominion
Dominion Oilcloth & Linoleum
'
Feb
Dominion
Woollens
Donnacona
Jan
Paper
&
•
Worsteds
Co Ltd
16
100
Power,7^/pfd
East Kootenay
Esmond
Jan
Faivchild
25
16% May
19%
Jan
93
50
92
Apr
95
Jan
19%
19%
541
17%
Feb
22%
Jan
*
"j
13
13%
918
12%
Feb
15
Jan
19
19
50
17
Feb
20
37
36%
37
380
33
Feb
37
May
21%
22
930
a30
a30
17
a20 % a20 %
5
Ltd
Manufacturing
1.
16
—20
Ltd^i———
.
>
.
37
1
Apr
25
■12
16
May
26
May
25
28
28
a16
15
60c
100
16%
Feb
60c
Apr
'
;*
Jan
,f
20%
Jan
i:
28
May
16% Mar
1.25
36%
Jan
1.65
Feb
*
33
^60
32
Apr
105
25
105
May
1.65
1.70
500
1.50
Apr
,22
22 %
575
20%
Feb
26
Jan
6
*
33
105
6
100
5%
Apr
6
Apr
a95
a95
15
95
May
97
Jan
240
13
16
Jan
.
.
22 %
*
Ford Motor Co
Power
Goodyear
Tire
19%
Jan
23%
Jan
S
Great
28
Jan
40
Jan
;
Halifax
21%
Feb
23
Jan
»
Hydro-Electric
Lakes
of Canadtt class A
Sec
&
6%
Rubbef
Paper
Insurance
red
Co
Co
Secur
—
pfd-
of
Lta
Can
100
■_*'
cpui
-
i____>t
10
Corp—
*
.
13
13
-
13
8%
8%
460
Apr
8% May
2%
2%
200
2%
Feb
/!
13%
May.
422
al6
.
—5
—
115
'
'
105
2%
May
Jan
Mar
22
Fleet
(TheHpfd
,
60c
Fanny Farmer Candy Shops Inc_____1
Federal Grain Co 6%%
red" pfd—100
16%
93
Ltd
Ail craft
38
12 V4
16
:
28
Jan
7%
Mills
38
12%
;.••■,
._»
0
^
9%
13
•
page
Light
..Consolidated Div
29
1
—
..
.
'
23
-
19
100
see
A3
,
-
i.
/
Jan
*
-
|/
10
.
100
;
Preferred
59%
•
Tramways
footnotes
5
Claude Neon General Adv Ltd corn.—*
v
:'f
"
19%
37
May
Apr
?Apr
al2%al2%
—•
common—
—
>.
__
.__
—1
.Canadian Westinghouse Ca Ltd
Celtic
16%
— —
32
22%
,of Prices
.
Catelli Food Products Ltd common.-L"
15%
,
Apr
350
■'
Jan
28 V'2 jJan
Feb
/ 20%
1
Invest Ltd,
/
Canadian
;
127'8
13% May
8%
T;
25
Range
9%
'■%
Sugar
Ltd
Canadian Western
Jan
*
;
!__
preferred
.
H
58
50,. /Feb
a90
36
Ingersol Rand Co Ltd—_—•
v
•
,j
36
F% May
52
6%
26
347'i
Low
>1
Canadian Marconi Co
•
Jan
Apr
—'—
8%
i
Week's
10
1
;
Vinegars Ltd
Canadian
«
May
♦
—-
—
Murphy Paint Co
For
Jan
Co
preferred
Foreign
(Robt)
Molson Breweries Ltd
Montreal
24%
Dominion
Starch
I
49%
6%
25
Sale Price
—•
Malting Co Ltd
Canadian
Jan
30%
.——100
Massey-Harris
i
y
Pulp & Paper*com—*:
Canadian Industries
Jan
17%
a90
f
Feb
27V2 Apr
100
Last
100
Canad,ian Gen
19%
105
——
<25%
45
'50
1,135
Friday
Ltde'-Y—111;——Z
Canada
j
;
56%
16%
5,500
8%
16%
.
Feb
28
50
•
Ltd
Columbia
7%
Feb
42
18
1st pfd_100
A
:
Apr
25
/
Par
;
Canada
Jan
19%
11%
.
Apr :
Jan:r
-
7%.Jan
.
/Feb
39
24 34
25%
25%
—*
Ltd
Canada
!
Apr
10
13
j
;
*
Company common
Canada
?
Jan
46 y2
32
*
_
B
Mailman
•
21
27
40
25%
■;
34%
'
Butterfly Hosiery Co Ltd
31
225
>>
25
„
May;
100
20 y4
1949
Preferred
Apr
May
17%
*
:
3
Ltd
MacKinnon Struct Steel
Class
*
com
common
(John
<
Consolidated Paper Corp Ltd
Secord
Bros
MacMillan
5%
5
.
Woods
Lang & Sons Ltd
Lewis
Corp__
(John).
the
of
Utilities
Public
Labatt Ltd
98
j;
!;.
;
,
Works Ltd
Steels
Burnett
Mar
760
,
7
...
Light' Heat <fe Power—
1_
!
Brown
44 y2
31%
8%
Power
./
,
.
British
!
27
31%
■
"
International
7
23
85%
>•
-
notes
Chatco
common
Internationaly Bronze 6%
International Nickel of Canada
--
650
a84% a84%
98
——100
Intercolonial Coal
;
100
—
preferred
7
23
23
85%
•
,'Apr
2,559
25%
25%
—10
Canadian
—
32
24
25
——10
—_
-
■Atlas
Apr
a51
£1
80
237«
_10
.....
Jan
0
___
32
20%
24
,_10
i_.
Acme Glove
Jan
122
common
i'.
7 % .Jfcn?
..
Feb
25
42
28
10
»:
Jan
221/2
25%
Jan
14% Mar
;
787
Canadian Fundi.
19% Mar
14%
25
Feb
6
26
35'
25%
_10
Jan
25%
•;
24
—10
;
14 V2
250
•
Corp
750
Belgium Glove & Hosiery Co of Can—*
18%
Accentance
14 %
_i_25
__1—
—
.British Columbia Packers Ltd class A-*
"Class
B
—i—
90
*
preferred
6% Mar
.25
—
t
!
I
•
6%
175
,
17%
Jan
"
/
•
Indust
6 y2
33:
Jan
Hudson Bay Mining & Smelting
..
6
,
41a
Jan
Imperial Oil. Ltd-
•
150
24
17
>
IJan
97V21 Apr j
18%.Mar, i'
6Va
42
25%
50
30
May
80% Mar
34 Va
V STOCKS— ^
i
t1
17
common
May
96
32
'
Apr
__100
Bridge
Smith Paper
26
25
50
105
*
]:
103
preferred
100
83
•
J_I_,
15% May
50
26
Jan
25
Montreal Curb Market
5.
167 y2
103
General Steel Wares common
/ Goodyear Tire 4%
pfd inc 1927
May
6%
*
Jan
,12
Jan
16l/2
Ltd
18
*.Apr|;
48%
*,
Feb
83
25%
15% May
11% Feb
92
17
18% May
16
25
_
78% Mar
_i„*
common
common
!
24% May
26% Mar
100
;i
15% Mar
365
201
25 y2
25
100
•
common
5% preferred
5% % preferred
General
__
1,545
18
-'75
14 %
70
a97
Gair Co preferred
,
18%
84
—_
-
26%
..
22%
:
j
Feb
18 y2
6 Va
•
Worts
&
Grocers Ltd
'f
al9
*
common
Jan
Apr
83%
14%
al5
Preferred
42%
17% May
6 Va
!
Jan
15% May
.14%
14%
Jan
46
1,782
-
83%
*
•
15%
25
Famous Players Canada Corp_;
Foundation Co of Canada
.
!
Apr
.Jan
23
26
___•
85
12%
39% Mar
18%
—25
90
12 y4
447
Apr
250
17%
*
,15%
.
86
a96 a96J/2
—•
comtaon
al5
>2%
75
6%
'
common-
Brandram-Henderson
,
14%
18%
90
.20
22%
300
18%
PpwerfUi___
j
j.<.
11%
15%
Eddy Paper Co class A preferred
.
>
.
"?
18% May
,
.
103%. Apr i
.10
Jan |..
Jan
110
17%
-r--1*
1100
J
Cotton
Montreal
18% May
300'
34%
;
,7.10-May
i
167 y4 167 »/4
100
1
Jan
11% May. :
46%
17%
17%
\BONDS—
.
Apr
38 y4
,11%
V
5V2 May
'
24 y2
24%
46 Va
17%
*
•
v
37%
*24% a24%
11%
40 %
(
Jan
9%
*
—50
com
.
—100
40
•
24 y4
•
com
...
31%
8%
24%
1,145
77%
ll^Y Feb
Jan
8
24%
135
11%
40
1
Canada
of
Chemical
To ron to
Apr
15%
•
6y4
19'/a
'76%
77
1st preferred—99
/Royal
18y2
34%
15%
100%
j
17%
/,
5.90 Feb
.
275
5%
11%
11%
98
Jan
6% Mar
6
18%
18%
Nova Scotia
38
r;
Dominion Stores Ltd
y
—49
Montreal
\
15 y* May
38
*
_20
common
'y>;
al03%al03y8
100
:—*
1—
Dominion
150
18%
18%
,
4,145
Canadienne
845
36%
•
common
Dominion Steel h Coal
15%
7.00
preferred-
preferred
3'^
,/ Distillers Seagrams,
6.90
Jan
Banks—
Jan
13
96%
•
1
May
'
Jan
12% Mar
„
12%
,
a6
Commerce
May
31
13
4%
Ltd
6%'
Jan
-15
•
a6
*
1
5fi_ preferred
Jan
8%
16
-• :
4
63
10% Mar
382
|. •*
45
"
1
11%
75
670
150
16%
common-
Winnipeg Electric
i
9
11%
4'/4^. pfd
Gooderham
Zellers
{
27 y4
27
97%
16%
6.95
Paper
Steel
Weston
t
Jan
27
97
11%
16%
common
of Canada
Western
47% May
,27%
—
9
100
97
11%
25% May
•
h
Feb
250
-YlOO
City '—
Walker
Jan
a!3
25
——*
-—
,'i
Canada
Wabasso
\
9
60
———1'*
—
preferred
United
t
17
al3
.
—
,
Jan
22 y2 Mar
Feb
May
.
8%
Crown Cork Ac Seal Qo——;
,
'j
,15
__
'/Consumers Glass
Feb
Jan
,14%
__
.25
18;
14%
8%
___—
j
May
,
—*
Canadian Pacific Railway.
.
Jan
23 y2
Y Mar
Investment-.
'/ Consolidated, Mining & Smelting
V
14%
20 y2 Mar
500
7%
Apr
16
—
.
'22
i
Jan
Jan
Williams
Co
Twin
21
A
Standard
Steel
,
Jan
May
42%
Sicks Breweries commoni',
Feb
19
60
15% May
36% Mar
Power
Southern
V
Jan
12
25
—
Canadian IndL Alcohol class A
Canadian Lqconaotive
Canadian Oil Cos
„:
.
Jan
14 y4
-.37%
15
_*
Canadian
[
98
Mar
Mar
594
*
common
6%: preferred
.
\
13
2,493
Jam
100
Siiupouiio jutu. qiasj,
4%%
preferred
i
12%
20
__
Feb
35
25
Canadian Converters class A pfd'
' Class B ——:
.
>
65
,21
Jan
37
610
Voting trust
Jan
12
25
—
series
l
Jan
al5% a!5%
'—*
series
Jan
20%
15%
|
265
20%
__
"
,$1.00
9V2
r
37%
60
*
Series
13%
12
common..
26 y4
Apr
15%
preferred
Sherwin
36%
—
Canadian Car & Foundry common
Class A —i..
Canadian Celanese
98
15
5
.30
45
37%
1
preferred
Shawinigan Water & Power
13%
20%
•
___
V May
i;
Jan
37%
'
—*
2nd
,36%
13%
_50
:
Canadian Bronze
,a97% a97%
;__*
common...
22
Mar
42%
/ 45
Ltd
;
f
16% May
.v'Jan ';
20
T—*
Co
St Lawrence
Jan
Jan
23
Jan
•
5% May
Apr
22
Safeway
,
22
17
33
May
,29
Steamship
*
15
5%
16%
2nd
•
^
Feb
18
185
St Lawrence Corp
1st preferred
I
Jan
20
Canadian Breweries
4
Jan
3'/4
Corp
.*
Ltd 4%% pfd—100
5% preferred
.
26 y4
Feb
Power
Canada
*
Feb
2yz
27%
*
__1
Northern
Canada
j';'J
24%
1
al5% al5%
5
common
$1.30 preferred
Canada
80
a2%
♦
B
Canada
26%
•
J
Class
Jan
a2%
*
.Building Products
.
3
v
20
61
.1,639
;
1,425
__
British Columbia
20
44 y2
Paper
Saguenay
tj
j
24%
Co
Oil
Jan
42%
preferred
Royalite
;
(
*
.—
9.40
Feb
f]
Feb
'
■■•24%
Quebec Power
Holland
14
""
Preferred
4%
>.
,
Jan
/
Jan
23
59
.
..
407
21
r
23 V2
Jan
51% Mar
I; :.
1-
common
River
Bros
20
19% May
21
Mar
42%
_—,
Provincial Transport
Jan
*
—
Price
20%
280
,
Feb!'.!
38%
42
Jan
•
Power Corp of
Mar
250
2,000
441/2 • .,44%
Development
Powell
34% Mar
/ J,1
Heat & Power com—*
Tubes
Ltd
Penmans
Jan
6%, Jan
Jan
68
Light,
Page-Hersey
20
54V'4
High
40
5
:
21 »/2
20 " "
.
Electric "Rwys
Ottawa
;■
■';
21
'
54
20%
*
w
Products
Ottawa
■
Jan
9V8
•
*
\
698
a42
53%
21
—"
—
Mills common
Flour
Ogilyle
36%;
V,
Range Since January 1
Low
19%
20
—*
Corp—
Car
Mines „Ltd
Ontario Steel
Jan
Jan
7% May
940
11%
—
22%
;
50% May
5
21%
56
25 y2
560
a68 % a68 %
—
22%
41% May
36
a42
—
Weaving—-—*
Wire
Jan
Jan
25
Mines
British
Apr
■21%
42 %
A__10
A
17%
120
51%
100
H)
933
41%
7%
1
Jan
' 50%
25%
;
Steel
National
Noranda
-
17J/8
—
•
Telephone
Bralorne
,
18%
preferred
Shares
High
36
common^—_—•
25
National Breweries
Niagara
High
13 »/8 May
41%
*
(J
18%
23%
50
Corp
rAshdown
2,222
_»
„
Argus Corp Ltd common
'
4%%
preferred J
,
13%
24
25
Corp
Range Since January 1
<f
Low
13%
'
:
l'/o
High
18%
___*
—
Aluminum Co of
Amalgamated
13%
*
—
Aluminium Ltd
,
Shares
"•/
J
Y
for Week
Low
'.1'",
for Week
Low
•
—20
■
Range
of Prices
Sale Price
Par
v,
Sales
^Week's
.
Sales
Range
of Prices
Sale Price
OsasdUn Funds
STOCKS—
1949
MARKETS
LISTED
WEEK
Monday, May 23,
.10%
Jan
2%
Jan
Volume.169
Number 4805'"
.
COMMERCIAL
THE
&: FINANCIAL
CANADIAN' LISTED
RANGE
Friday
STOCKS—
Week's
Last
.'-y
Inter-City Baking Co Ltd
International
Investment
Lambert
Loblaw
Paints
(Alfred)
Lowney
pfd
Co
Ltd
1
„"
class
A
(Walter
Maple
Leaf
Milling Co Ltd
Maritime Teleg & Tel Co Ltd
17a
preferred
Maxwell
Ltd
Montreal
&
Nova
4"'t.
pfd
Ltd
Paul
14%
26
Apr
9'/a
31%
16%
Jan
Par
Abltibi
35
May
39'4
$1.50
Jan
8%
100
8
May
11
Jan
17%
125
17%
Feb
18
17%
46
17%
Jan
18%
26%
50
26'4 May
27 %
7Vi
7>4
100
6
Jan
8
-
Jan
1—
Pr
.'
a93
15
96
Feb
12
12
735
12
Mar
16%
16%
16%
270
16% May>
a20c
*
Co
6%
a93
12
a20c
4
68
68%
90
*
-
68 %
i_10
pfd_,
15%
—
,.100
1534
19
Ltd
41
20c
C
part
Southern
Lt<£
17'4
19
200
53
Jan
,20c
:
73%
75
20
Fuel
Inv
class
413
21
12'/a
Feb
•
.
<•
10
14
Apr
14'A
A__
50
1634
Apr
18
Mines
17
490
16 %
May
18%
Jan
ID "
10
5,
10
Feb.
111
29
110
May
45c
45c
5,392
10
10
25
'
50 c
50c
__
Rouyn
10 Va
113
Jan
12c
27%c
61 %
Jan
26'A
Jan
18c
Jan
12
12,000
25,300
6,810
11 '/a c May
3.70
30c
30c
1.700
4%c
4%c
5c
3,500
4p
13 %o
15c
I,500
13c
6
160
5%
Mar
Athona
45c
Apr-
65c
May-
Atlantic
Mines
I
100
190
21
Apr
25
May
May
3.55 Mar
4?% May
51
Jan,
a
v.
.75,
:■
17%
15
325
70c
70c
•.
"
15
Jan
35%
3.
21
Feb
70c
40
Feb
Auto
Bagamac
2%c
2%c
2,000
5c
5c
1,000
5c
May
6%c Mar
26c
6,000
22c
May
65c
Jan
Base
4 VaC: 4%c
1,000
4c.
Jan
5c
Jan
3c
500
3c
Jan
4c
Feb
23c
65c
Bank
Jan
3c
May
500,
3c-
*
•
Jan
5c
,
1,000
6c
fic
5.000
Mines
1
Mines
:
Ltd..l
15c
iac
6c
9,000
Mar
6c
•
1,100
.
5c-
2§c
11,500
:
7C
Mar-
Bell
'
class
A—
15,000
11c
3,000
13c
1
Ltd
5c.
1
10 %c
.■
May
13%. Jan
3%,C
5c
30,691
3'Ac May
9'/2c
Jan
12 Vac
13c
8,300
11c
Mar.
18c
Apr
72c
1,600
59c
Mar
94c
Jan
11%
840
10 %
12%
Jan
ll%cll%c
500
10c
Mar
15c
Feb
May
May
11 'Ac
Jan
IOV2C May
4,600
7c
II,500
14c
?:
3.40
2,300
7%
7%
100
16Vac May
16 %c
17c
1,600
6c
6c
2,500
455
35
34%
35
1,195
*
1.05
1.05
1.05
1,000
1_*
29c
24c
29c
14,800
41%.
41 %
6c
Scotia
Mining
*
18%.
1
5©
50
5V2C
17c
19c
May
18% May
Mines
Bonetal
Bonville
Boy con
23
Jan
417/#
Jan
Feb
Mines
Ltd—
-1
East
Si'lllVon
Gold
Sol
Ltd
:
;;
1
2.40
-
Goldbeani Mines Ltd
Goldora Mines
Ltd
Mines
Ltd
—
Jack
Lake
Mines
Ltd
Mines
Kerr
Gold
Addison
Labrador
Gold
11c
3 VaC
___—;
11c
3%c
33c
5e
May
16c
Jan
10%c Mai-
25c
May
22c
Apr
4.
Apr
1,500
3c
Boymar
——_1
Jan
Bralorne
Apr
Brand
Jan
Brantford Roofing
Mines
500
class A
9.2O
•
40o
42c
llc
9.30
Apr
2%c May
200
57/bC
Jan
26C
2,005
60c
Mar
3'Ac
1,000
9.00
60c
:
•
-
& Millen
Lake
Shore
Mines
Lamaque Gold
Leitch
Gold
Lingsido
Little
Goid
45c
Apr
Normetal
Mining
Norseman
O'Brien
Mines
—
Pitt
Crow
Gold
Quebec
Co
Red
Crest
Santiago
Gold
17.
17
25
Gold
Ltd
Mines
Standard
Sullivan
Gold
Cons
17
May
Tibkmont
Torbrit
Mines
United
Asbestos
Ltd
Apr
Jan
A
British
.
Dominion
Oil
•
Jan
16 Vac May
Buffadisop Gold
Buffalo Ankerite
——
—
Ltd
Buffalo Canadian
Buffalo
1
1.00
500
'
79c
1
4c
Mar
Jan
91:C
Jan
Burlington Steel
May
450
Jan
May
70c
62 %
'/aC
Burns
&
51
2.48
4%c
1.60
-
-
Jan
Co
-250
20c
700
1.60
Co
Ltd-.
Petroleums
Ltd
„.
class
A.
Home Oil Co Ltd
Co
Ltd
—.
Jan
Jan
75'
86
May
90'A
98
60
Jap
2%
2,050
97% May
2% Feb
101%
2%
10%
3
Jan
10 Va
105
10
Apr
13
Jan
26 %
500
25
Mar
2%
125
27c
29c
14.100
35c
2,200
ll%cl2%c
7,700
26%
2% Mar.
27c
31c.
Mar
class
B
37c
;
,
c 37oi. Jan
300
1,000
27
May
3%c May
33
4c
13'/a
320
12%
Jan
14%
13'A
13%
131
13'A May
17%
Feb
7%
345
8%
Jan
5.30
5.85
6.60
Jan
31c
Canada Bread
*
2%
2%
50
—
85
86%
60
84
Mar
87 Va
Feb
22%
22%
223/4
160
22
Apr
2 6, '/a
Jan
29%
29%
50
48Va
48Va
120
31
205
Mar
3.70
Jan
12c
Jan
4%%
Feb
1.95
Jan
common
preferred
Cement
—-
9c
Jan
Canada
Feb
*
—
Canada SS
8c
._100
—
common
Preferred
67c
5.30
—
>
20
—
Jan
Mar
8c
May
Canada
Malting
*
:
2.25
Jan
Canada Packers class A
*
Permanent Mortgage
Lines preferred
4c
1,000
3c
Mar
4c
Feb
Canada
11,700
7c
May
14c
Jan
Jan
Canadian
Breweries
Canadian
Canners
a20c
1.05
1.000
47c
3,766
5%c
500
1.55
3,500
300
22c
1.05
45c
2c
5,000
1.25
8,400
39 VaC
33'/2c
42c
146,425
27c
56c
54c
58c
36,600
52c
2%c
2%c
5,000
8.50
200
6%c
22,000
Apr
42c
2c
1.08
Feb
53c
2%c
Apr
May
Mar
8.50 May>
3c
Feb
Jan
8c
Jan
1.90
May
Apr
14c
-
1.28
class
A
—
87c
9c
May
36
; 36
79
83
Canadian
Car
Canadian
Celanese
Jan
Jan
Preferred
New
common
30
Feb
Mar
50
Jan
31
May
33%
Jan
30
187% Mar
192 % May
125
35% Mar
37'A Mar
75
79
Apr
83
29
125
24%
Jan
29
1,950
22%
Feb
May
24% May
•
207/a
20%
207/s
2,412
19 Ve
Jap
21
15
15
16
775
15
Feb
10
Jan
23%
23%
150
23
Apr
25
Mar
15%
15%
235
15
Feb
18
Jan
12% May
14%
Jan
19%
Feb
22 Vi
36%
"
—
15%
—
12'A
12'A
65
20%
:
20%
715
37
37
20%
20%
25
150
May
22
Mar
28'/a
8%
10c
Jan
Class
Jan
13'/a
Jan
77
Feb
11%
Jan
79c
Jan
22'A
22'A
60
6%
6%
293
6 % May
10%
10'/a
60
74
Food
6%
74
74
140
8%
8%
673
,—
67c
68c
1.100
i.
13
13
240
,
145
145
10
83%
83 %
40
13%
13%
2,133
Dredge
Canadian
Jan
39
10%
Canadian
Feb
Apr
Jan
15
•
May
Jan
20% May
22 % May
—
A
Products
common
_
Canadian Oil
Alco
Cos
8%
voting
common
preferred
4%
"A"
preferred
.
—
Feb
May
28% Mar
43
247/e
—
—
4%c
Jan
Apr
24
—
"
common
preferred —
3 Ve
29
*
Feb
Feb
3.75 Mar
24%
20
Canadian Malartic
Feb
2%
54c
♦
—
common
Conv preferred
Canadian Indus
May
192 192'/a
Feb
Feb
2.70 Jan
-10
1st preferred
*
3,60 Mar
7c
—
—*
*
Jan
1.34 May -
73c
Cable
&
192
50
B
4.50 Mar
89V2c
4.30
38c
Jan
1.05 May
May
5%c May
1.45 Mar
2c
4c
2.57
May
Wire
31
100
Canadian Bank of Commerce
1.38
48%
2,010
14%c Mar
8c
7,050
Jan
May
Jan
1.50
Mar
Jan
May
4,600
Apr
3%c May
4%c
7
5c
II,200
30c
3,000
1.18
j
__
•
29%
4c
40c
May
8.000
Jan
Jan
3.20
2.00
6,000
20c
9%c
38c
100
37c
i
3.00
2.00
3%c
Apr
40c
Apr
4%c
Mar
3.00
4c
1.45
2%c
5'/aC
.
Jan
Jan
1
8%c
5V2C
>
11c
5,500
M
24c
1
i
47c
2C 1
5,500
6c
•
3.05
May
*
'
1.05
;
13c
5'/aC
1.80
Campbell Red Lake
4,000
a20c
1.45
29,413
Calmont Oils
4,000
1.45
__
2.15
v
Feb
7%
—.
*
A—
1.80
Jan
3'/a Jan
Feb
ll%c May
Jan
Calgary & Edmonton.
7c
9.70
Oils
:
24'/a
25%
1:
24%. Apr
27'%
•
_*
Preferred
Oil
87
Mar
May
Jan
lie
8.50
Oil Ventures Ltd.,
86%
22
-
11'Ac
5'/aC
—
4c
47c
6c
—
7c
P 1.46
—1
280
24
Jan-
Class
—1
1,850
Apr
7'/aC Mar
Mar
Apr
4%c May
34c
„
—1
24 %
24%
20 V«
May
21
12%
2.28 May
1,500
1,500
3%c
__
1.18
24
1
Feb
84c
4%c
__
36c
.
235
5c
Apr
9.25 May
72c
!
class
2.00
__
2.01
Jan
6
5%c
__
24
23
18%
'
13Va
^
Bunker Hill
May
10c
25c
1,000
20c
Lake
Building Products
8%c
—
1
—
1.45 Mar
-
Canada
__
—
May
Red
6.15 May
72c
•
100
79c
1.60
„
1
Ltd_.
94c
5,000
9.25
.
4%c
4%c
—
»
Apr
2.32
.1
Corp
Homestead
1
Jan
20c
.
28c
1
6.25
9.25
__
—
800
26 %
*
14%
175
1
Ltd
Anglo-Canadian Oil Co Ltd
Canadian Pacific Railway
Utilities preferred
Canadian
100 %100 y2
10
74^
Apr
May
8% May
65c
12'A
141
Mar
Jan
15%
Jan
Feb
Apr
150
Feb
83% May
85
Mar
Oils
Qmnitrans
Pacific
13% May
17'A
Jan
Petroleums
Western
For
Oils
footnotes
Jan
102
Feb
23'/a
Feb
25
Jan
8%
8 %
25
8 % May
1.25
1.25
800
1.15 Mar
1.50 Jan
1.60
1.70
1,640
1.55
1.74
Wirebound class A
Cardy Corp class A
Ltd
page
99%
325
Canadian
Ltd
Ltd
see
10
24
Cariboo Gold
Ltd'
Exploration
23%
Castle-Trethewey
Qkalta
Par.
class
*
Apr
a61%a61%
♦
Calgary "& Edmonton Corp Ltd-.
Pacalta
Power
A
4 %C Mar
53c
Feb
Oil Stocks-
New
Columbia
class
Class ,B
Burrard
Waite Amulet Mines Ltd.
General
British
2%
Broulan Porcupine
5.85 Mar
14,700
_i
Westville Mines Ltd
Consol
Packers
Jan
31c
1
Ltd
Vinray Malartic Mines Ltd——
Gaspe
Columbia
3.35
25c
:
Ltd
Ltd—1
Trebor
23c
1,656
97%
*
11%
25c
—50c
Goldficlds
Mines
Feb
Mar
14 %c
500
...
__
86%
19
'5c
5c
Feb
33c
British
Jan
Feb'
100
Products-
May
.9 VaC
Feb
Jan
18
2%
Forest
200
3,000
Ltd—_____.1
Ltd
Mines
11c
•
Jan
pfd
__
100
Columbia
950
4c
Ltd——I—1
Mines
10c
Elec 4%
preferred
British
840
11c
Ltd—1
Mines
(1944)
British Columbia
24
25
6.15
72c
'J
_•
.1
Ltd
Mines
Mar
12%
3c
—
18%
24%
—
•
common
13 34
4c
Springer Sturgeon Gold Mines———*'
Stadacona
10c
May
35c
Oil
Preferred
3.75
lOt
•'
Sherritt-Gordon Mines Ltd—..1
Siscoc
American
l87/s
•
3.50
1
Development—
Mines
Mines
500
72c
■
Ltd——5
Ltd...
Mines
Mining
11%C
Jan
May
9%C
1,000
1
Gold Mines Ltd—
Labrador
British
Jan
G)
1.00
I
Quebec Manganese
(T
13%
Ltd—__——_.1
Gold
Bright
9.50
1.25
Jan
"
3.60
Piccadilly Porcupine Gold Mines Ltd—"
Pickle
Apr
Brazilian Traction Light & Pwr com--*
Brewis Red Lake
^-1
Jan
.
Jan
4c
2,000
10 %c
^
.
Ltd
Pandora Cadallic
3c
38c
16c 16 %c
1
-
Mines
Gold
3.45
May
10
1,403
1
"V
Mines-—1.
Ltd
Corp
•
38c
.■
1
Mines
Mines
5 %c
3c
Mining Corp of Canada Ltd—
*
Cons Dredging Ltd
——1
Goldvue
May
2.68
78c
:
May
5c ;
7c
15c
Nechi
New
::
Feb
8.25 Mar
^450
'
*
6.15
Macdonald Mines Ltd—
Mclntyre-Porcupine
r
Apr
16%'c- Jan
•
May K :
5c
275
1
__
Ltd
Gold
2.30
1,500
Ltd
Goldfields
Feb
Jan
19%
:
•
52 %c Mar
10.000
v
May
1,000
5c
i
1
Ltd
Mines
Long Lac
Louvicourt
Ltd
Mines
Mines
7c
10
,
59c
•
Jan
Mar
500
3%c
3o
Gold
Pershing
4%%
11c
1
Mining & Explor Co Ltd—
2,500
4c
.1
.
Ltd.
5c
10
1
Ltd
Mines
500
10
,
Joliet-Quebec
6,000
c
2.08
8,800
64c
15c
■;
1
...
2.46
10c
5
.
7%
1,700
4c
1
-
I
6%c
7c
1
-
_
Cons Gold Mines Ltd.
Hudson-Rand Gold Mines I.td-
14,500
2.43
5,c
1
Hollinger
9%c
2.40
17%e May
15% Jan
1,670
6 Vac
■
£
Ltd;.
19
2.40
—■
Mines
Gold
:
61 %c
.
...
1
.
18
8c
;
8c
1
——
Mines Ltd
Formaque Gold
Francceur
Ltd
P" 3.000
17%c 1734C
18
;
1
______
Mines Ltd
Mines
Gold
17%C
•
_
Jail
20c
7c -Mar
•..18c
65c
38%
49,700
•
■
Apr
1.05 May
22c
I,200
43,800
17 %c
Gold
Jan
Jan
36'A
1.05 May
425
23c
Jan
11c
26%
,
Apr
34'A Mar "■
•5,382
—-1
_——
Kirkland
19
41%
21c
25
Gold
Jan
27c
Apr
25
Jan
7%
,
Feb
3.65
7'/a May
26- 26%
—
38c
3.15 Mar
•
Dome Mines Ltd
Feb
3.25
1
Ltd
7%c
.
7c
1
16c
-
8c
14c 14 %c
10
Co
Bidgood
Jan
37,VaC Feh
3%c Mar.
,8c
Feb
Jan
.
May
"
Ltd
30,600
10
Telephone
39c.Jan
.
,
May
14%c Jan
*
Consolidated
Bevcourt
13c
,
Jan;...
6c
.
12,580
5c
-
Mar
28c
Jan
1
Metals
3c
Apr...
2c
5c ' May
6c
May
74
Jan
Nova
of
Bobjo
9C
Jan
8c
Feb
2'/2C Mar
18,500
234C
Eldona
J.
Jan
67%
10% Mar
l
Bathurst Power class A
3c
•5 %c
El
Jan
6%
255,200
Montreal
Barymin
15.500H
5'Ac
Mines
23c
935
1
-
Mines
of
•'
23^c
Malartic
Jan
11%
May
1.50 Mar
May
31c
7'/2C
East
Apr
7%c
lie 12%c
1
———
Electric
1
i
Mines
Ltd
37 %C
Apr
13c
Gold
23c
Ltd—1
Lake
Feb
22Vac
11%
10
—
Yellowknife
*
2334c
!
Mines
Jan
30c
25c
(1937).
Aumaque Gold
49 %
Centremaque Gold Mines Ltd
1
Century Mining Corp Ltd ———1
Red
Jan '
Jan
5.30
3%c
A
Ajibelle Mines
40
1
68%" 68%
Steels
25
39
1
—
Oil
Atlas
*
Gold
20c
Feb
30
Jan
68c
Mar
5%
23c
Jan
56
%c'May
24 %c
Jan
7c
Duvav
Apr
11%
10
May
4c
Dickenson
Jan
85c
50% May
25'A "May
885
31c
Feb
9 Va
May
22c May
41% May
140
4.10
8c
8% Apr
30c
•
Jan
70c
Jan
30
6c
Co
11 %C
Mar
3.80
o
Ashley Gold & Oil
8
a37
1
Mining
11 %c
V2c
60s
5,000
1
A.shdown Hardware class
Mar
Apr
Bouzan Gold Mines Ltd—.
Cournor
5
300
14c
*
Apr
46c
May
4c
Cadillac
25%
1
—
Jan
30
17%
a
Mining Corp Ltd
Central
51%
13c
1
a30
"
.
Explorations
500
50%
*
i
7
1
Consol
Jan
6c
25%
*
common
39
Gold Mines Ltd
Cortez
103
42%
1
Arjon Gold
Bankfieid
'Consolidated Astoria
100'A Mar
42
1
Corp
Preferred
30
*
Gold
15
1
Mines
a30
49%
...
,
100% 100 i/a
22c
*
24%
100
Candego Gold Mines
Jan
25
pfd
Mines
Oil
41c
3,500
«
-
ltd
Cartier-Malartic
Canada
Yellowknife
30
Beatrice Red Lake Gold Mines Ltd..
Bonville Geld Mines Ltd———
'
of
Lead
a30
*
Ashley Gold & Oil Minerals Ltd
Bouscadillac
Co
Mines
Aunor
Mines
25
•
Ltd
Argus
Stocks—
Base Metals
__1
•
Canadian
Bank
Arno
Cons
Apex Consol Resources
J. in
110
—
Ltd."
Western Grain Qo Ltd
Anacon Lead
Jan
500
Anacon
Apr
17
16%
—
"
United Securities Ltd
Westeel Products-Ltd
Mining
21%
22c
Steel
22% Mar
al4
preferred.50
A
205
150
Atlas
class
'
>
Feb
23%
4,500
Anglo
Feb
Mar
17
10
trust certificates
Distillers of Canada
'
38'/a
6c
Jan
54
May
70c
American
Jan
Mar
20%
36 Va
8%
Pacific
Jan
40
60c
Amalgamated, Larder
20
Voting
United
—
High
17
Apr
20%
8%
Aluminum
->v
Corp
23%
Low
13
17% May
1
Jan
16% May
•
Amusement
36%
•
Jan
52
110
-•
——
United
Oil
Yeilowkr.ife
Alyminlum
15 34 May
111%
May
45c
pfd——.100
So.uthmont Inves,t Co Ltd
Standard Paving & Materials Ltd.j
Trans-Television
United
&
Algoma
Feb
al4
—
————
Prv6%
36%
100
Armistice
Canada
725
..
-——.—20
Ltd—;-V: 16%;
Industries
18%
*
Area
—
Sdngamo €0
Gas
Anglo
53
Quebec Pulp & Paper 77c. red pfd.'.lOO
Reitmans.-(.Can) Ltd common.—UL—i-*
Russell
18%
AKaitcho
22%, Jan
110% Mar
55
53
97%
15% May
5;>
19
16%
2nd preferred. _(-__.50
Preferred
1,475
18%
12%- Jan
Mar
65
1,125
allO% allO%
com
13%
Agnew-Surpass
May
Corp of Canada—:•
N
preferred
13%
Range Since January I
High
13%
•
preferred
Low
•
common
Preferred
Acme
Shares
20
Paper
Acadia-Atlantic class A
Jan
for Week
of Prices
2o
&
Mar
17%
26%
714
186
17%
__
36
8V2
—
Col.--.__5--
Co
&. Pr
&
Service Stores
6%
Power
Sales
Range
Sale Price
Jan
14% Mar
Week's
Last
.
Jan
27'4 May
35
8%
pfd_—10
Manufacturing Co Ltd
Power
14%
100
6%
Paper
Power
Lt
Scotia Lt
Paton
14V2
10
pfd 20
conv
Moore Corporation Ltd
Newfoundland
25
STOCKS—
Jan
Alberta
Oil
Ontario
Island
734
Friday
Jan
83A
Exchange
Canadian Fonda
May
25
Apr
74'4
405
*
Distilleries
Minnesota
80
Mar
8
8
10
com.
—
McColl-Frontenac
Melchers
Feb
24
5
27%
a
v
Massey-Karris Co Ltd 6%'%
50
125
27%
—36
«
Toronto Stock
$2.50
MacLaren Power & Paper Co
20
High
80
'4- a8-,
8
•
MAY
Range Since January 1
Low
2714
—V.
M)
Shares
<:
"24
24
a8
39
MARKETS
ENDED
'*. for Week
High
80
.
_20
common.*
Ltd
Inc
Groceterias
Low
-u—100..
5%
Foundation
•
of Prices
Par
WEEK
(2243)
Sales
Range
Sale Price
•
FOR
CHRONICLE
—
42.
-'-r
•
v.
y.
Jan
9%
Feb
Apr
,
(2244)
40
THE
COMMERCIAL
&
MARKETS
LISTED
CANADIAN
Monday, May 23, 1949
CHRONICLE
FINANCIAL
*
RANGE
Friday
STOCKS-
Par
Central
Leduc
Central
Centfal Porcupine
Chatco
Steel
Cheihical
i.
'.
Chimo Gold
Citralam
8,071
14 %c
Feb
135
9
May
9
225
8
Jan
51c
56c
4,300
4 %c
2,500
T L—_50c
common
Malartic
l._
1,500
1.50
515
7
7%
305
29c
1
10
Jan
Headway Red Lake
98o
Gold
Jan
30c
2.43
2.85
18%c
Jan
1.75
Jan
1.50 May
7
2,920".
Mar
24c
..
Apr
i
,
Feb'-.
5%c
-
36c
-
I
Jan
9
Apr
3c
I
Low
12
6c
,
3,000"
6%c
6%c
6%c
40c
44c
5c
5c
6 Vac
6%c
2,000
6c
22c
24c
3,500
21c
Apr
6c
8c
8,050
6c
May
57c
57c
1,000
57c
May
6c
Mar
1
.^_1
_
5c
.__1
_'.
—1
1
Highland-Bell
6c
1
Highridge Mining-
8%c
Willans
2.38
2.00
5,50f>
Jan
May
83c
Jan
3%c-Feb "r'
12,500 '
4,000 "
8%c
9%c
9VaC
9.80
9.90
1,145
6c
11.00Q
22,200
8%c"Apr
-.
Jan
7C"Apr
>•'
9c
Jan
59c
v7
Feb
13%c
'
Jan
65c
Jan
10%c May
13c
Jan
""
1
Jan
f
Hbilinger Consol
„_5
•,
Yellowknife
Homer
Hosco
?.73 Apr"
Jan
Feb
10c
40c
500 ,.
9 %c
Highwood' Sarcee
Jan
May
May
10c
6c
6,000
9.90
.__1
6c
6c
21 %c
lPVae
.
.
t
Coehenour
High
160
3,700
9% Mar
,
,
7c
Mines
Hedley Mascot
Feb
10 %
6c
—
Gold
Heath
Mar
Mar
11c
1,590
3c
2.31
*
«
Oils
14c
3c
Hasaga
Jan
2.43
1,462
.
_I
^
■
2.50
1.50
0
■
Jan
10c
'
6c
—_1
Gold'___.
11
May.'
Range Since January 1
High
111
Harricana
.
Shares
.10 %
10%
—
Gold
Apr
22c
May
48c
:1.4c
~
Harker
1.45 Jan
Heva Gold
2.48
2.50
"
________
_____
Knitting
9
l
—^
'
14c
1
■
i
9% '
9
; 51c
4%c-
1
r--—-
.
17c 17 %C
_'_
"
Mines
Ghrorhinm
8,450
May
Harding Carpets
Jan
1.65
Feb
71c
75c
9
Research
Circle Bar
90c
w
%'c'
__'
Wines
Chesterville
5,300
95c
73c
.
for Week
Low
*
Sales
Range
of Prices
Par
High
Low
High
Week's
Last
Sale Price
1
Range Srnce January
4 VaC.
,74c
17
__A
Cheskirk Mines-.,—.
Coastal
Mine
common
Clfateau-Gai
Shares
90c
Gold
STOCKS—
for Week
Low
Oil
Patricia
MAY 20
ENDED
Friday
Range
Sale Price
WEEK
Sales
Week's
of Prices
jLast
.
FOR
Gold
Mines
_L__
1
22c
9.65 May
12%
Jan
5c
Apr
ll%c
19c
Apr
32c
Feb
38c
Apr
Jan
.
Feb
-
Cochrane
<■
13%
—.-'v;-/-. 25
'Preferred
24
Cockshtitt
24
Plow
Coin Lake
25
A
___
12?k
;
i.
___•
12%
_
13
100
13%
Dunlop1 class
'23c
5%
17c'
100
500
.
•
25'% Jan
14% Jan
May
12% Feb
230
13
23c
5%
23c
f^__i__l
13% May 1
24
May
v
Jan
30c
,
f
•
Howey Gold
Hoyle
Mining
National
Cdtliaurum
1
Hudson
Apr
Consolidated
Bakeries
Consolidated
Beattie
I
85c
12c
12c
15c
18,350
12c
8V4
9
250
52c
56c
52c
52c
52c
-—•
;■
Bay Mining 3s Smelting.
Mining
:
123
99
6,700
15
160
500
Jan
ii v4c May
..
5%
50
5%
5%
,
May
i
1
.
1.45
Crestaurum
Mines
18%c
Crow's
Nest
Crowshore
Coal
_______________
18c
8,000
18c
May
30c
Preferred
4%
3,000
40c
Feb
61c
D'Aragon
Davies
52
Jan
14c
49
135
7c
7%c
8,000
45% Mar
7c
.
Decalta
Oils
7c
21c
25c
May
Coal
Preferred
21
190
15c
15c
:
18c
Jan
43c
Jan
International
May
23
Denison
Detta
MinesJ
Nickel
Red
Lake
Dexter Red
I
1.50
15c
600
33c
May
1.20
Waite
Jacola
1.65 May
Jan
Dcme
Seagrams
Ltd
Mines
Mines
89,900
,3c
May
10 %c
Jan
Jellicoe
12,600
5c
May
15c
Jan
28c
Feb
17 Vic
23c
125,550
17c
26c
8,800
23c
May
16
465
18%
18
I8V4
7%
300
6%
Jan
29%
Apr
19%
Jan
14 Va
Jan
7%
Apr
.
Jan
25%
110
24%
Jan
3c
May:
;
4c
4%c
23
8%
8%
170
35c
35c
2,000
18
18
135
,
—
'
—
20c
100
31
32
8%
34c
7%c
-
550
22
May
9
Feb
54c
Jan
Apr
20
Apr
20c
135
Jan
23
Mar
17%
..
25 % Mar
20% Mar
25
22 Va
100
1,000
25c
22
20c
1
♦
'1'
»
common-
31%
_
-
Feb
33c
Jan
Apr
25%
Jan
99% Mar
160
iv.
101%
May
•30%
5,398
15 Va
Apr
36
Feb
"Jan
8
Va
8%
35c
Apr
13'
Jah
30c
May
52c
Jan
5V2c
8%
2,796
30c
16,000
:
7,000
4c
Mar
lie
11c
1,000
11c
May
19c
2%c
__
2V2C
1,099
2c
May
3Vac May
4%c
4%c
1
2c
2 Vac
18c
19c
2,500
35c.
39C
14,600
__
1
Mines
4
1.700
1
1
.
35c
;
500
Jan
Kelore
Mining
Kayrand
Jan
19%
„
5 Vac
5%c
%C Mai2c
Cc
Jan
3%c
•
Mar
34c
Feb
'Jan
-
Apr
25c
May
15VaC Mai-
2,000
12c
12c
12c
5,000
30
32c
Jan
4%c
4c
4c
•
1
.
__
Quebec
18%
■
V
Apr
54c * Jan
Jan
65c
Apr
15%
2,475
8 %
33c
»
nil
l
__
Gold
Joburke
Mar
V. 46c
May
23c
15%
*
117
13% Mar
7
__
J M Consolidated
5,500
24c
________
Feb
1
6c
15%
18c
16%
800
.100
Co
Mining
34c
1
1
Yellowknife
Distillers
Coke.
Mines
71/2c
_____2
Lake
Red
Discovery
5,260
14
1
Jacknife Gold
Feb
Joliet
Dickenson
18%
13 %
25'%
«
3c
6c
18%
13%
-25
Petroleum
5c
4%C
1
18%
6
,
Uranium
33c
1
.1
____\__
Lake
Feb
Mar
•
Jack
1
27%
7% May
Feb
15c
'
_\
Delnite Mines
&
Nickel
International
May
10,800
1.50
Ltd
390
23
_j__
21c
6% c.May
4,525
21
1__
A
29 V3
common..
International Metals class A
21
10,500.
6V4c
21c
_____
class
112
18
28%
Jan
Jan
6c
Apr
6% May
Feb
43
6%c
i
Mines
Petroleum
Leather
50
114'/4 114 %
...1
Acecptance
International
Davis
57
3c
5,960
7Va
£1
International
Apr
49
:
1
May
265
3%c
25
preferred
Inglis (John) & Co__.
Inspiration Mining
Jan
55c
7 Vb C
__100
Patricia
42
43%- 43%
3c
**
Indian Lake
Feb
18c
18c
1
39c
29 %
Industrial
•
Jan
6
51c
1
Pershing
May
!l00
common
International Bronze preferred
Croinor
25c
7%
15% May
Jan
1,000 "
__10
i
Jan
'
14% May
92c
1
Jan
152%
148% Mar
152
1.07
<
11%C 11V4C
*
_
Jan>
150
1.00
___^__1
common
12c
May
25c
1
Oil
Jan
May
25c
Imperial Tobacco of Canada ordinary_5
Jan
65c
-7c
& Erie
Imperial
64c
Apr
95
Mai-
_'
A
f
Apr
42c
3,000
claiss
Jan
46c
1,092
30c
4-3%
Malartic
Bank
500
8c
Hugh
Imperial
24,269
97%
7,650 "
1
Feb
1.00
151
•
*
^
!
8
14%
100
Exploration
.
Feb
10 v2
7c
97
Apr
32c
'
Hunts
v'
Jan
38c
May
96'/4
-
& Smelting—5
Consumers Gas
Craig Bit
2,274
1
Cosmofc imperial Mills
Cournor
98c
2
Mines
Consolidated Homestead Oil—
Conwest
98c
•
Consolidated Duquesne
Consolidated Mining
93C
1
Consolidated Astoria _!
6%
1.10
5% May
Feb
*
Mines
31 %c
25c
z_.
Huron
Conduits
32c
—_1
27%
30
280
7c
8c
2,150
_
*
Mines
Apr
Kenville
Gold
..
I—1
.
__
5 VaC May
14c
Mar
12c
Jan
23c
Feb
26
Jan *
30
-
5 %c Mar
May
13c
Feb '
■
Dominion
Foundry
Dominion
9
May
14%
Jan
Kirkland
4
A pi-
25%
545
24%
23%
24%
410
23
9
9%
515
•
Invest
Dominion
Coal
Steel
&
DominipmStores,—:
B
15V2
25
4 V4
30
15%
400
24 Vs
*
23!/2
:
•
;
Chemical pfd
&
4«/4
15l/4
1
common
class
20
-
21
>.
:
Feb
5
21
L—
common
11%' 11%
%
12%
1
47c
46c
Kirkland Townsite
Feb
24%
Apr
19%
Apr
22"
Ltd.
•
19 %'c
;___
1
8%c
Mines
Dulama
Mines
Gold
Duvay Gold Mines
East
__1
Amphi
East-
Crest
East
Leduc
Oil
•
.11
Ltd
(John)
East
Malartic
Sullivan
>
y:
-
,
Lake
Dufault
Elder Mines
Eldona
May
35c
35c
32c
7,500
35c
9c
9c
-1,200
"6c
May
Jan'
13%
13 Va
14%
4,540
10%
Jan
2,000
34c
Jan
Lingman
7%c May
17c
Jan
Lake
Rowan
Shore
Mines
1
12,500
8%c May
7c
Apr
12c
Lake
Wasa
Mining
1
7 Vac
,22c
8,500
1,100
,:
r
22c
-
Apr
.
10%c Jan
•
•
38c
.
2.05 Mar
2.35
2.50
10,400
6
6Va
250
6
42
185
38
Jan
2.30 May
3.45
35c
..
37c
6lc'
62c
25
15
15
65c
15 "
La pa
Jan
Jan '
6.50
•
Apr
Jan '
1.45
.
Jan
.
32c
'■
41,337
Feb'
■;T2c
^15
Apr
Feb
,48c
2.17
2.L7.
2.25
845
2.10 Mar
6.10
6.15
1,700
5.80 Mar
;VJ; 6.35
Apr
19
0
1—
19
200
16% Mar
19
Jan
5%c
Jan
J—*■
1
...
2.45
-
Jan
-
Cadillac
4%c
1
—
—-1
13%
*
8 %c
10c
3
61c
Secord
4Vac
4c
1,000
10c
3,000
15%
175
%
61c
64c
1.05
3,150
4c
5c
May
5%c Mar
14 %
•1.900
1.00
9,500
15
fT2c
Jan
15^4 Mar
May
Jan
Mar
41c
'"77c
Leduc-West Oil
Jan
50"% c" Mar
Jan
4,200
'
39c
r
Jan
7 64c
6.15
.T
Lapaska Mines _•—.'
Apr
17
May "
38c
.
1
Sons
&
Laura
37C
3.25
5,575
%
Feb
7%'
;
Lang
Apr
43
•
___1
z
i" La Luz Mines
Jan-
r
2.70
May
42
1
|
Jan
Mar,
42
I
Jan
23%
19% Mar
205
91c
262,400
9c
2.40
_.
i
20
30,700
Lake
30,750
-
____
Gold
20.
1.06
Feb
Lamaque Gold
20
jj
y
3.80
25c
2.42
1_
Eddy Paper class A
Apr
1.67
17c
May
95c
May
22c
.25
95c
'
1.26 May
lie
3,500
-
Jan
tic
1,200
13,750
■
3.40
16c
2.34
__T__„_
15c
3.70
16,800
i
*
Investment
Jan
Feb
2.39
Steel
Economic
10c
1.00
Mines
8c 10%c
.
.
Feb
nil
Labrador -Mining & Exploration
65 %c
—1
Mines
Eastern
■"
Apr
3%c
1
Jan
Jan
May
.
1
Mines
East
>
•
16%
—1
12
13%
Mar
11% May
45c
7c
*
____
•
Jan
72c
1.32
llVtC
,15c
17,500
8 %c
*
,_i
Oil
!
70c
1.26.
—
1.28
___1
z
16c 19 %c
1
14%
28,000
4%c
•
Lake
Lake
Donalda
3%c
3%c
4,912
16'/8
Feb
50
49c
12
•
Gate__
Kirkland
21%
105
-
12 %
,*__
Woollens '
15%
16
1
-
Kirkiand-Hudson
Labatt
Domiiiiori Textile
Dominion
Golden
_
_
Jan
490
;
____
Jan
.
17%
15% May
175
24%
1
Jan
25
24%
Magnesium
Dominion Scottish
Dominion Tar
Jan
27%
25%
1
Steel
&
Kerr-Addison
26/
May
10
Dominion Bank
Gold
Leitcti
Ltd
Mines
1.03
1
'
Gold
Lencourt
';
._l
:
86c.. Jan
61c. May
95c
4c
Mr y
Jan
1.20
,
10c' ' Jan
May*;';
'
Estabrooks
Eureka
Hi
(T
'
!/___
19%
19%
__25
preferred..
1
Corp
380
___"
Empire Brass class A
18%
18%
40
37c
6,125
3.90
3.95
2,310
3.80 Mar
14%
14%
140
13 Va Mar
34c
1
:
19%
Jan
Lexindin Gold
20% Mar
13% May
19%
60c
Jan
4.50
Jan
May
Famous
Nickel
3.90
*
,__
Players
*
.__
32%
33
150
6
6%
500
100
105
105
25
1
4%C
4%c
•
70c
70c
500
*
12
12
50
Fanny Farmer Candy Shops.
1
Federal Grain
•
32
16
Preferred
Federal
Kirkland
Federated
Fittings
_
Petroleum
class
Ltd
A___
6 Vj
37
Apr
5V2 Mar
102 %
700
70c
Mar
1.08
Jan
27% Mar
31%
Jan
655
27 Va
29
Jan
Jan
Apr
-
class
27%
A.
B
27 %. 28%
'
28
Groceterias
Class
' Jan
28 %
28%
;
Va
10c
14«
12c
14c
2.22
Yellowknife
—__—*
..
.
.
10c
May
45c
4,400
2.28
1
12c
Mar
16c
Macassa Mines
Jan
116
•7c
—
Jan
2.58
Apr
90c
May
11% Mar
Feb
12
13,900
25c
May
6c
8c
15,800
6c.
May
13 %c
Jan
13c
22c
4,000
18c
May
34c
Jan
93c
97c
6,400
93c
9
905
1,600
5
25c
Mfg
1.65
1.65
1.70
200
1.55
Apr
22'/a
22
22%
907
20%
Feb
26
Jan
25
Feb
27
May
»
Motor
ctass
Foundation
A
•
Co
27
27
125
8%C
7c
8%c
3,500
2.20
2.10
2.25
1,800
«
Francoeur
Gold
Frobisher
Exploration
0
1
•
7c
2%
Gold
MacMillan
Export
Red
5%
Giant
Power
common
Steel
___100
preferred.——100
Wares
Yellowknife Gold Mines
155
17
103
21
99% 100 %
99%
16% Mar
102 Va
4.75
4,867
5.80
5.50
9'/4C
9V4C
...1
2 %C
2%C
2%c
4,000
2%c
1
51c
50c
57c
6,800
50c
1
1
r
Oil
8c
1,000
Jan
Gold...:
Lake
Goldale
•
*
'
Mines
1
17%
Feb
32c
13c
3,000
10c
4c
3,000
3c
2.00
16,500
10
Maple
Apr
3%c Mar
Milling
Leaf
Maralgo Mines
«'
2.50
2.40
2.50
3c
3 Vac
Jan
3.10
Apr
30c '
Jan
95
Apr
;
.
96
96
8 %
--
8%
4 %c
8%
*_.l
_—.
2.02
10
9.050
120
4 VaC
'
.
-
-
■J
Jan
Gold
12c
12%c
1
-
96
8
-
4ViC
Mar
—_—1—;
Gold
Jan
Martin-McNeely •!
-s.—
Feb
Massey-Harrts
10c
Eagle
Mines
1
:
:
3c
.
5%c
Feb
1.74 May
3.15
Jan
common
McCabe
Grain
class
McColl-Frontenac
Manitou
Golden
Goldhawk
Goldora
,__1
Porcupine
20
8%
8%
.2,000
4 VaC
19 Va
19%
Tire
common
•
4,500
5c
Mar
12 %c
Feb
4c
May
9%c
Feb
Mclntyre
94%
10
'
'
103
Mackay
Grafton
Great
1
Co
&
Lakes
Class
Great
A
class
_
10
20
A__.
-
9V2C
-
Jan
.
3%'6'Mar '•
18 • Feb"
'
L
_2_'
.
20
.
53
Apr
Feb-
McKenzie
Red
Jan
ivfcMarinac
9% Apr
75
18% Mar
20
May
•v
752
12%' May
16
37V2 L
300
37-May
40
;
■
V
61%"
350
17
17V4
10
10%,-"
t
.1:
Mines
-i
49c
::
...
,
47c
__
r
1,134
Milton
13
Apr j
Mining.
-18
9% Mar
••
835
"
580
13% i
62 Va
,85
8
-
'
Feb
'
i5c
12%
--
92
15
.
,
500
-
13c
-
50%
955
1
■
9
Gypsum! Lime
15 v8
■
Jan
Jan
-"•'17 VaC
May
37c
37c
8%c
•"
Brick
40c f
32 %C
5,200
9%c
24,000
6c
10c
1,205
10c
May
!__•
8 '/2C
1
6%
•
•
G#rp
;
1
49c
May
80c
Jan
Modern Containers'class
7,100
38c
Apr
65c
Jan
Monarch Knitting common:
A___;
105"
•
9.35
*
...
Apr
Jan
12c
8V4C Mar
Jan
7%
6% Mar
525
6%
-1.00.
4%c
1.05 s
9.25
9.40
14%:
12
4'/2c May
6,000
.4,100.
H1/4
11%.
14%
;
1,000.
15%
4%C
"
225
17
Jan
Moneta
4c
Apr
7%c
Feb.
Moore
l%c
Apr
3c
14% Feb
Porcupine
Montreal Locomotive
Hamilton Bridge
-
134C
_
10
______
Rock
Gold
For
2c,
10 %
3,500
95
.1
Mines
footnotes
see
page
42.
16%
c
16c -
17c
8% Mar
13 "
13 % -13Va "
Hamilton Cotton
Hard
1%C
"1,000
14,600
15C
Feb
Mar
!
14% Mar
24 %c
Jan
j
z____
;
•
22
Mosher Long
1
Lac__k-
Mines
,_i
2
\.l
45c!45%C
21%
22
3
10c
68
69
26
68%
c^__'L__25
Morrison Brass
Mylamaque
45 c
I
•
common
Preferred
Jan
10% May
Corp
Jan
*
4%c
•
__=
6%
8%CX.
Apr
12c
Feb
10c
'50c
21 %c
'
Jan
8%c
1
"2,470
15%
15 »4
^._____!
Feb
••V 62 Va May
Jan
y.
-—-—
50c
.4%C
-7-
Alabastine.V
&
Jan
Mar
98
Feb
Apr
3,310.
:.
T'/asC Mar.
T.55
1.00 May r:
9.25
.4
12
May
26
Jan
Jan "
-35
.......
i4»/4'May
18.
Feb
80
11% Mar
14
Jan
38c
60c
Jan
:
*
Halcrow Swayze
Halliwell Gold
Apr
6c- Feb
n 22%
'/
Feb
1
54c
-
61 %
1
Mid-Continent Oil
Jan
Feb
•:.
94
'
16-
:>
13c
___1
Lake
Mercury Mills
Mar
•
13
94
13c
5
Lake_____
Red
McWatters Gold
Jan
37%'
37 Vr
13%
'
0
z—
—z
Gold
10%
25
13%
Coal
____:
50%
205
.
:
•
Jan
12%
Paper, common..
Mines-
Lead
A
51'
Saddlery.'
West
Guayana
class
preferred
Great.West
Gulf
50
•8%
•
__-f
Porcupine
McLclian
Gordon
51-
10
Preferred
common
McDougall-Segur
16,000
94%
94:,4
_M
_
6c
4,%c
94% May
*
;
100
6c
4c
■
A__.
Preferred
4c
•
1
Mines
Goodyear
1.78
1.37
•
Jan
5%c
Jan
'May
2,100!
:10c
4 VaC
--i;—
16c
Mar
'
1
1
56c
'
11%
.'
Apr
}
19 %c
Apr
4 Vic May
94 % Mar '
500
Jan
"
Gold
2.69
2%c Mar
0
Goldcrest
Jan
7%
Jan
17c
5,000
96
Eastern
*
11c
Jan
92 Va
3c
Sugar preferred
Mar
Jan
10
May
92% May
2,000
1
&
May.
15c
19c
6% Mar
2.40
4,450--,
.100
Fields
Gold
Malartic
Manitoba
74 %c
1,20
Jan
8% May
,
Manitoba
Jan
—
2.90
92 Va
—
.100
1—.
Apr
Jan
4,500
15C15V4C
preferred
'
6%
2.78
19c
n.
1
Mar
6.40
May
1
Mines—
102
Jan
5,700
35c
35c
35C
Gold
Magnet Consol
Marcus
God's
class A
106% Mar
Apr
99% May
35,
5.80
1
Gillies Lake
Glenora Gold
Globe
16%
102%
17
,
—
preferred
General
8%
6%
Lake
Madsen
Mailman Corp
Gatineau
--
:
Class B
Feb
2.90
2.00 May
Mines.
Feb
11c
May
Jan
'
River
"
Ford
74c
30c <
6c
25c
Mines
Lake
Macho
May
Jan
20c
MacDonald
Macfie Red
Jan
2.10
1,260
'"
60c
Feb
4,700
11c
2.25
Goldfields
Louvicourt
MacLeod-Cockshutt
Fleet
Feb
Jan
7%
4%c May
3,200
.
Jan
Jan
Lynx
common
7c
645
71c
Lac
Little Long
Loblaw
Falconbridge
71c
12c
6,000
8 %c
Feb
27c
8 %c
8 %c
—1
—
:
7,325
Mar
1,005
23 V?
65 -Feb
25%
3
10c
1,500
10c
10c
500
....
Jan
27%
•'
3'".
195-
3
10c
:
Apr
Jan
73%
19% Jan
700
'....,.65-
May
8c
Mar
-7c
May
3%
Feb
••
'
Feb '
12c
Jan
12c
Jan
Volume
Number 4805
169
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
STOCKS-
Breweries
National
Drifg
_5
National
Grocers
«
common
Preferred
•
Petroleum
National
Steel
.!
.11-20
__!
National
(
36 %
7%
50
6
10%
380
10
Mar
12%;
100
1214
25
27 ti
28
36 %C
40c
—
28
(40c
t
25c
Silverwood
Feb
"
Jan
8
Negus
Class
Feb
Jan
Apr
28 ti
Jan
Preferred
47c
,
Jason
2512
100
25%
23
23%
i
Slacien
Southern
--15c
Feb
South
9c
Marlon
Jan
Stadacona
75c
Feb
Standard
23c
Jan
Standard Paving-common
Preferred
Malartic
3,500
2.13
May
Feb
9c
9lie
1,500
9c
May
5c
6 lie
7,000
4tic Jan
1.28
1.39
10,800
1.19 May
58c
56c
58c
11,017
7%c
8c
12,000
3%c
5,500
3tic May
4%c May
18c
Starratt
Jan
Stedman
8C
'
Norzone
Pacalta
New
4%c
19 5e
51c
Jan
7c
May
6cl
4%c
5c
21,250
8%c
9%c
5,775
8%c May
14c
8c
Oils_
Rouyn Merger
95
8lie
3,790
7tic Mar
11c
8c
.
Thurbois
Nicholson
Mines
Norbenite
12
13 lie
Mines,/-
Noranda
74c
52,500
53%
54%
2,540
3,000
10c
10c 10 tic
Norseman
2.40
2.35
2.50
6c
11,000
Mines
lie
4 lie
6c
21,600
45c
45c
46c
1.71
1.71
1.71
4
_
Northern Canada Mines
Northern
Noith
Empire
Inca
Northland
North
_____
Gold
Preferred
O'Brien
32c
20c
-,22c
34c
35c
19%
7%
15c
Jan
20c
Chemical
45c
24tic
Olsen
Feb
50
26c
5 ti
•
of
2.50
44,425
3c
Sudbury
4ti
Pandora
58c
1
Jan
40c
Feb
Taku
Apr
Tamblyn
Feb
-,26c
Partanen
Malartic
Perron
•
Photo
Oil
Gold
Power
I__
53c
2.60
10,000
10c
May
2.95
42
44%
34.695
2.02
1,020
-
s
20c
1.05
18C
3.05
Feb
36 ti
5,300
.5,500
14c
15,000
2,tic
3,500
4c
—
ll'ic May
Toronto
Elevators
Apr
Toronto
Iron
26
26
75
26
-
Works
j
..
class
3.05
8c
lie
115,866
Union
Jan
Jan
10%
1
United.
United
Oils
Apr
United
Upper
A
preferred
May
89c
Jan
Walker
15 %c
Apr
Wekusko
Feb
West
7c
2.05
3.615
3.35
1,860
4%C
8,500
27
-■/
Apr
3c
15%cMar
34c
1.90
•>-«
May
2.34
May
Jan
8c
/
855
May
3614 Apr
15%.
15%
550
13% Mar
16%
575
11
Jan
12%
i_
1.51
1.600
14%
■
15
699
44c
Jan
42%
1.36
Feb
.,
Lawrence
1
55c
600
1.73
4614c Mar
7%c
1,000
5tic Mar
634
971
6% May
45
100
45
1st pfd__
1.000
28C
34 %c 36
27c
30c
—
Apr
8,600
57c
May
;
500
44c
May
13j'4
13
13%
2,385
1.16
1.11
1.16
24,500
1.95
2.00
2.000
4%C
4%c
414 c
7,000
4%c Mar
10%
10%
25
10% May
16%c
14146
lfac
51,200
.
1.04
1.95
May
44c
May
Feb
90c
Apr
40c
May
60c
2,900
10%
1,515
(1945)
9c
3.75
j:
lie
11c
49%
49%
12
Mar
24%
18 %c
Feb
6.95
6.90
7.00
10,051
5.85
Feb
22c
18c
5 %c
5%c
32c
103,000
6c
16%
16%
50c
Mav
26
17%
14c
May
52
Feb
17%
100
17
Jan
18
Apr
1.89
1.422
1;000
1.86 May
10c
•6%.
6%
"
630
26
lAiex
10c
Jan
18%
1.82 Jan
4.75 May
6.40
Jan
8.30
8.50
8.154
8.10 May
15%
Feb
Jan
253s
26
2.084
Apr
28 ti
9c
9c
1.000"
8c
May
13tic
8c
8c'
1,000
7c
~ Jan
40
23
25
460
39%
15
101% Mar
103%
35%
275
505
21
40
95
May >
10c
20,500
22
8c
1
5% May
11% May
40
14 %c
14c
36c
35c
75
85
14
4.579
35 %
preferred
■'
86
May
3.80
*
Asbestos
Brown
I
Mines
Girl
6c
97 %
5,500
class
A
common.
43
Jan
4.50
-
55
97
May
100
115
15
115
May
118
2,785
41C
47c
39c
2.10
Feb
!
".'I
42,800
7c
Mar
17c
May
t
37c
8,700
35c
May
49c
Jan
1
24%
2414
785
15c
500
,
10 %c May
-
23
•
Mar
25
Apr
20c
Jan
1214
200
1114 Mar
1.20
2,200
1.17 May
1.60
Jan
1.46
1.45
1.52
1.35
2.59
Jan
30,311
j
£
12% May
May
18%
Mines—,—:
page
18
418
15% Mar
-18
__i.
1714
18
963
15%
7.90
7.90
315
7.10
33c
40c
22,700
1
__1
42.
35 tic
35c
37c
Jan
42,520
18c
2,220
63c
Jan
4%c
11,000
%C
'
Feb
Mar
48c
Apr
May
'
84% May
4%c Mar
6%
6®8
100
6%
Feb
2%
6%
Jan
2.52
Jan
75c 78%c
4
71,
2%
125
2%
Apr
Feb
6c
•
7.% Mar
/ j
Mar
Exchange-Gurb Section
Last
Funds
Week's
Sales
Range
for Week
of Prices
Shares
Low
Range Since January 1
High
Low
2214 May
2% Apr
22%
22%
150
23^
234
2%
325
100
84
84
34
75
84
——*
20%
22%.
*
i
common
Canada and Dominion Sugar
Vinegars,—
Vickers
Western
Canadian
Apr
16C
18%
Apr
2.35
Canadian
Canadian
Mar
1.20
1
Jan
37%
97
*
_____
,
«■
7,500
33c
18% May
Feb
Feb
May
32tic Feb
18
■c
8.25
65c
48
tic
May
Apr
Apr
Mar
—*
High
May
26
Jan
4
Jan
103
Feb
20%
20%
50
19
Feb
22%
Jan
12
12
60
12
Mar
13%
Jan
/
Lumber
.
>•
20
875
82
350
3%
314
49 h2
5114
1614
1614
16%
37c
"
37c
560
__
__—;
*
19% Mar
60
1.30
__
81
•
Westinghouse
20
81
--
•
1.15
__
—1
common
Consolidated Paper
}
—
•
1
Canadian Marconi
6c
"
11c
11 tic
Feb
115
*
Canadian Industries common
Jan
1214
m*r
Feb
Feb
27
4,155
.
2.25
1
—
Corp
Co
Canada
Jan
1.20
—
Jan
Ja.n
97
Par
Jan
15C
—
May
Apr
1
37c
Jan
2.27
_100
STOCKS—
4c
*
25
100%
6c
1,000
6%e
32%
Friday
1,500
;
?
1
Bear
Canadian
393i May
425
3.95
May
25
Apr
*
James)
Knitting
6c
34%
100
.
&
Mines
B
6%c
6c
6c
6%c
•
common
,
Jan
175
155
4%C
Feb
40
Mar
95
8c
8c
25
24%
Jan
9c
Feb
24
_1
:
Apr
9%
5%
3.85
*
95
to
Toronto Stock
Jan
11%
39%
Jan
1.10 May"
2,614
1
Yankee
Class
%c May-
16% May
103
76
7%
37,600
Apr
5%C May
5%
103
76% Mar
1.32
5.25
*
Mar
435
11%
39%
Jan
-Jan
17c
1.25
*
c
Electric
May
6.600 -:
103
75
2.94
Mar
4.75
40
Gold
Ymir
7.10 May
Feb
9c
11 %
4%c
IIIBoc
i
see
Jan
Mar
.
,
1.25
Jan
'
3.90
com.
r-i Voting trust certificates.
Sigma Mines (Quebec)
footnotes
Apr
9c
600
49
100
Jan
685
1
_
10%
170
•
—
22
Jan
•
Jan
85
May
825
>
2
Feb
3% Mar
4
Apr
40
4914 May
53
May
15%
Feb
1814
Apr
33c
Apr
45c
Jan
1.15 May
64
1,499
•'
•.
t
Dalhousie Oil
Disher
Steel
*
*
common
Dominion
Oilcloth
Foothills
Oil
Hayes
Langley's
Ltd
11%
150
514
Feb
11% May
36%
31%
Jan
37%
38
38
90
25
2.70
2.70
2.80
26
26
45
49%
49%
51
1,595
15%
15%
11
*
S:
Lino—
—
*
—
•
-
Steel
International
11
36%
*
—
Bridge
71
Paper
International Utilities
Breweries
65c
Jan
4.95
Jan
8c
7,300
1
Mines
Gold
Apr
8%
Jan
Apr
37c
414,c
-—1.1.
For
29c
55c
—1
1
common
1.16 May
25%
16%
j
I
Feb
17,000
Jan
Apr
70c
33c
23c
•
-j]
Jan
10c
Jan
62c
17
12% May
25%
1
Rouyn Ltd
Miller
12
25%
common
Jan
11.190
1
Shea's Winnipeg Brew class A___.
Silver
10% May
7%c Mar
20,800
1.86
v
—
W)
Grocers
Yellowknife
Jan
%c
&
(George;
Yellorex
Feb
67c
46c
1
Mines
Mining
90
1,500
1
Dominion
Silanco
Jan
8.40
Wright-Hargreaves
Jan
53%
(G
'Preferred
Wood
May
%c May
50c
63c
—99
1
Gold
Shawinigan Water & Power
Sick's
11
10 %C 10 %c
•
•.
,
Products
Wingait
Apr
9%
_'
Consol
Winnipeg
■
Sheep Creek
Apr
*
Winchester Larder
May
Apr
46c
—1
River Gold
Shav/kev
May
r
55c
11
May
57c
—100
_
—1
Paper
preferred
Senator
9 %
*
York
a
common
_
%
Jan
1.35
1
Wiltsey-Coghlan
Jan
15
1334 Mar
6%
■'
35c
_::_i
common
Feb
9%
69c
42c
*
Mines
Preferred
Jan
33c
Corp
preferred
Sannorm
40
%
50c
•
Malartic
Weston
1
Jan
11%
28c.
*
Mines
Antonio
10
10%
71
______
<Hiram)
Western
Jan
5,000
^
1—
Hill
Amulet
Westeel
Jan
3.65
3.00 Mar
38
III10
Lawrence
2nd
Jan
8% Mar
a
Saguenay Power preferred
San
Mar
87c
70c 74 %c
--
25
Preferred
San
50c
39c
10%
50
_—____
Canada
Waite
36c
,
"~_1
Royalite Oil
Roybar Chibougamau
St
50
9c
40c
1
class
Keno
Jan
10%
Co
)
|
;
i J
11%
73 tic
♦
Steel
34c
1
___
Royal Bank
2nd
Apr
May
10%
Sale Price
St
3.30
22c
,
Jan
45
1
._
!
'
Class B preferred
12c
7^80
common
Industries
j
:
28i/4 May
9c
•
Jan
37 58
'•
1
Rupununi
j
Feb
36c
May
26% Mar
6,930
1.25
•
*
_
Mining
42tic
Mar
5tic May
3c
1.46
_
Roche Long Lac
Russell
24c
Apr
1,660
10'
1
Gas
May
32c
3.25
,63c
__
j
Jan
Jan
1.72
8%
1.15
1.17
A..—
Resources
c
.
Union
..3%cMay
.
May
1
Regcourt
Oils
100
Feb
1.90
10%c
Jan
1.27
1,000
71
.
Transvision-Television
Feb
Jan
11
o
Quesabe Mines Ltd
Roxana
24c
28%
•
\
-1
May
52c 55 %c
___1
Petroleums
Apr
24 tic
.
Feb
1c
15c
40
1-
______
(Little)
3,785
ll%c
May
5c
8%
Jan
I53e
Quebec Manitou
Robinson
1.65
Feb
Jan
1.70 Jan
;
'
60c
1
{
_
1.55
1.60
5c
,■
8 tic
.
1.45 May
"*
8%
8c
Apr
55c
—
MacDonald
2,000
1
1.40
Jan
1.00
1,000
36c
___10
Gold
Reeves
3,900
i f
Apr
"
6.300
:::ii
—
common
'
2,200
5c
\
Feb
45 ti May
Jan
15c
Prospectors
^uemont Mining
7c
1.60
5c
"
Gold
Torbrit Silver Mines—
6% Mar
Mar
5,500
/
Queenston Gold
%c
1.45
5
Apr
v
86
4%c May
1.35 Apr
Toburn
T
7%c May
51c
61,700
1
Labrador
3.000
22,525
Tip Top Canners class A______
Jan
/
Dome__
Quebec
Mar
C
Jan
Apr
37%
Mines
Quebec
81
%
1.60
Jan
5%
4% May
450
1,000
5,200
•
66c
1
_
Mills
130
4
1.41
2.54
Tower
1.92
9
Metals
Purity Flour
Preferred
83%
4%c
8%c
Jan
35c
—
1
Corp
Airways
Purdy Mica Mines
82%
9,240
6%c
8I2C
3.25
1
9
Proprietary
83
1.60
23,500
Mar
60c
1
a_l
Preston East
85
3.20
4c
5 tic
9 tic
River
Pressed
Mar
13c1514c
Towagmac Exploration
1.18
/I
___,
Gold—
15
78
60c
i
Feb
Feb
32 lie
._
Pioneer Gold
Reef
Feb
130
13c
Jan
15c
Porcupine PeninsularPowell
80c
260
3.10
6c
6c
1
Pickle Crow Gold Mines
Porcupine
Jan
8,200
84
.13%
,
10% May
22
1
17c
6 lie
Gas__
Piccadilly Porcupine
Mar
Jan
Jan
_*
Mines____
Thompson-Lundmark Gold Mines
Apr
2c
—1
Mines
Engravers
83
7
20%
15
24c
May
U tic
*
&
Feb
8114 May
30
310
28 %
3c
8C
1.15
11 lie
Gold
Petroleum
7
71c
1
1.95
Feb
60c
Gold
May
68c
common
Ventures Ltd
Pen-Rey
S
Jan
'
4.15
——_.
j
*i
Jan
54c
Apr
6
2,225
20%
.,
Ltd
82
10 %
43c
14%
1.45
Apr
9% Mar
Apr
1.11
61c
2.71
2.75
42 %
Ltd
__
Paymaster Consol
75
1.42
Apr
83%
7c
River
Tech-Hughes
7tic
!
6
^_50c
12c
t6c
Oil
Mar
1.05
15
1
Sylvanite Gold Mines
Apr
10c10tic
10c
—1___i!
Cadillac
Western
May
19% May
23c
Jan
8314
Contact
4,400
,
4%
7 tic
1
Hershey Tubes
Porcupine Mines
41c
Mar
13c
2,620
10
__■»
Inlet
1,500
4c
—1
Pamour
Jan
Feb
17
•
Cons Mines
1.71
48c
82
-25
Surf
United Fuel
Page
44c
*
Transcontinental
4li
Pacific Petroleum
Aur
24c
300
2014
common
1,500
3c
4C
Exploration
Mines.
4,600
■
1,000
-3
Canada
Sullivan
1.58 Mar
; 1,100
2.15
12 tic 13 tic
Gold
Jan
3,000
101:
Bros
Co
Jan
6% Mar
7,000
26c
Mines
9914
May
20c
"
5%
2.16
Lake
95
9,215
15c
.100
__
Gold
Jan
Apr
3%c
950
1.65
Orange Crush
Osisko
Jan
6
L—
_,
Jan
.60c
May
10,500
'
5%
O'Leary Malartic
Omega Gold
Osulake
26%
180
•
1.10
common
/.12c
4 tic May..
,,
i 16,000
7%
1.58
Oils
Orenaaa
j!
Jan
45c
3.75
Feb
5'liC
7 li
Ogama-Rockland
Omnitrans
30
15c
Mines
Steeloy Mining
.11
Steep Rock Iron Mines
Apr
'•/.
Okalta
ii
I
25% May
221% Mar
1.05
13 tic
May
1.50
-5
r_
Mines
Feb
230
19%
■
1
Co
vPreferred
Jan
1.03
Mar
6c
200
-1
.___
Gold
Jan
7%
;
Jan
58%
Mar
2.22 May
1,000
.
38c
5c
32C
Mines
Star Oil common-
i'
Feb
51c
12.840
6c
Mines
26c
Mar
51
*
Gold
12c
6,000
65c
54
Mining
Norpick
tic 14 lie
67c
I
__
Malartic
Normetal
9%
Apr
180
96 %
/20c
95%
Brazeau
Steel
New
Apr
5%
Jah
Jan
Gold
New
ti j
High
8%
Jan
2.35
'
26
19%
Jan
Apr
625
2.32
■
Preferred
New
New
Pan.
844
23>/4
—1
2.63
29
2.26
_____
Newnorth Gold
'
151
6%
Springer Sturgeon
New
Low
8%
6%
■
•
23 ti
19%
1.34
Calumet- Mines.
Range Since January 1
High
•8%
8%
.
•
Gold
3lic
New
Shares
Jan
May
20
Bidlamaque
•
Class B
5'/2c
New
A
Simpson's Ltd class A
1114
2.29
;
class
for Week
Low
♦
14
-
*
Alger
Dairies
B
9 lie
Mines
New
Range
of Prices
Par
Apr
32c
10,500
;
38%
35% Mar
25
Sales
Week's
Last
Sale Price
JBiscoe
•»
Car
20
High
Feb
12%
10%
Preferred
Low
'
-7%
-
MAY
Friday
High
41
MARKETS
ENDED
Range Since January 1
10%
7%
(2245)
STOCKS—
Shares
36%
.I™_5
common
WEEK
for Week
Low
0
common —
LISTED
FOR
CHRONICLE
Sales
Range
of Prices
-
Par
National
Week's
,
Last
Sale Price
FINANCIAL
•
common
common
2.50
900
:
May
38
3.65
Jan
Apr
31%
Jan
4814
Feb
58
Jan
Mar,
15% May
15% May
1.50 May
1.50 May
1.50
1.50
16%
16%
16%
1,100
4.20
400
51
75
50% May
55
45c
35
40c
45c
—*
1
--
*
"
--
45c
3.90
50%
45c
■
:
Apr
May
26
—1.50
__
:;Price'.'-Bros-.—i—•.
Southmount Investment
38
930
300
_______—
Minnesota & Ontario Faper
Pend Oreille
,
16% May
3.70
May
Mar
2214
6.70
Jan
Jan
Mar
Apr
.1}
42
(2246)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, May 23, 1949
w>
OVER-THE-COUNTER SECURITIES
'
-
Quotations
for
Friday,
May
20
Investing Companies
Mutual Funds—
Par
Aeronautical Securities
Affiliated
Amerex
Fund
Shares
Axe-Houghton
4.68
5.14
3.58
3.92
Holdings
3.88
8'A
9
Home Furnishings shares
1
5
1
1
13.59
4%
Industries
2
7.21
14.77
5%
2%
*
X89.49
93.22
Manhattan Bond
1
18.84
20.37
Mass
10c
7.79
7.80
5
14.54
15.72
Corp
America
of
Tr
lc
3.54
General
Inc
Boston Fund Inc
Bowling Green Fund Inc
Broad Street Invest Corp
6.67
Bullock Fund Ltd-
Paper shares
Petroleum shares
Steel shares
.,
Investors
Ctfs
Mass
of
^.-1
Investment
1
5.30
12.81
1.47
1.34
Income
& Howard—
Eaton
:
24.16
25.83
15.80
16.89
3.52
22.61
1.71
First Boston CorR——
10 1 21%
Firfct Mutual Trust Fund—4.77
Fundamental Investors Inc
2
12.79
Fundamental Trust shares A—2
5.79
General Capital Corp
1
44.27
General Investors Trust
1
4.52
3.71
24.44
Inc-i—L
Equity Fund
20c
Fidelity Fund Inc—
5
Financial Industrial Fund Inc-1
1.87
1
6.65
>
.
47.60
4.85
6.05
3.28
shares
5.14
lc
Chemical
3.58
6.91
7.09
5.67
6.22
8.16
8.94
shares—lc
6.64
7.28
—lc
7.02
7.70
6.16
8.88 •
6.76
9.32
6.94
7.61*
shares
Food
^Fully Administered
shares
General bond
Industrial Machinery shares lc
lc
Institutional bond shares
4.48
4.08
Investing Company shares—lc
24.12
lc
5.17
2nd
Inc_l
10.88
Panama
13.17
14.39
Series
12.80
Dollar
lc
lc
7.16
8.58
Certificates
shares...—„lc
3.31
3.64
lc
lc
lc
3.86
4.24
4.27
4.69
4.28
4.70
-lc
5.24
5.75
1
4.14
Income Foundation Fund—10c
1.58
5:
19.16
of
100.4
100:6
>
Canal 3s
1961
119'/a
120%
7.16
tl'As June 1,
5.80
6.34
tlVaS July
tl%S Oct.
6.06
6.62
3.94
4.33
Maturity—
Certificates
-i%%
100.1310
1949-
tl%SvFeb.
-.0638
100.0206
.0328
1950
100.0244
1, 1950
100.0203
1,
1950
100.0676
1,
1950
.0324
,
1.
.
.— 100.0469
tl'As June
.0058
%
'•
tl%S Apr.
.0102
100.0216
Ask
(cont)— L-
tl'As Mar.
Ask
f
100.0003
i—99.9971
1, 1949
1, 1949
Bid
Indebt
of
tl'As Dec. 15, 1949
tl'As Jan. 1, 1950
.1481
wi__;
,0382
'
'.0356
.0831
100.0098
.0296
4.73
5.19
Price
Ask
Bid
Indebtedness—Bid
6.55
1
5.67
4.31
2.75
,
3.01
3.16
3.45
3.10
.3.39
13.81
14.81
Federal Intermediate Credit Bank Debentures
4
Rate A
8.35
6 82
9.77
Due
Bid
Ask
Rate
Dated
Bid
Due
Ask
10.71
9-
1-48
6-
1-49
bl.45
1.20%
1.50%,,1
4-
1-4911-
1-49
b 1.5.0
.35%
10-
1-48
7-
1-49
bl.45
1.20% 1
1.55%
3-
1-49
12-
1-49
bl.50
.35%
1.65%
5.87
6.22
Dated
1.65%
1.65%
9.15
5.36
11-.1-48
8-
1-49
bl.45
1.30%
1.50%.
5-
2-49
12-
1-49
bl.50
-
35%
1.60%
9.33
10.22
10.60
bl.45
1.30%
4-
1-49
1-3-50
bl.50
.35%
3-49
bl .50
1.35%
1-.55 %
5-
2-49
2-
1-50
bl.55
.40%,
2-
1-49
11-
1-49
bl.50
1.35%
1.45%
6-
1-49 wi 9-
1-49
bl.45
.30 %
1-49 wi 3-1-50
bl.55
45%
*
1.55%
-
10.82-
9.24
1-49
10-
3.92
9.87
19-
3-49
11.25
3.58
1-48
1-
1.55%
1
12-
1.60%
1
10.13
7.08'
'
7.17
7.76
1.55';.i
7.86
10.81
10.03
9.19
10.07
7.31
s
Bid
8.01
15.12
16.57
10.20
_1
7.10
0.90%
1.10%
0.98%
July 14, 1949
July 21. 1949-';
blJI
hi.17
bl.17
1.10%
bl.17
11.17
1949—
bl.17
1.00%
July
June
7.78
10.19
Ask
bl.17
1949—
June. 9,
6.26
1
1
Bid '
1949—
2,
16,
1949.
hi.17
1.04%
Aug.
bl.17
June
4.93
5.71
Ask
Mky 26,
7.16
4.50
Treasury Bills
June
11.18
6.53
A-
United Slates
11.85
9.15
1
Railroad equipment
2.52
—
—
1.10%
23,
1949-
bl.17
1.06%
Aug.
1949.
bl.17
1.10%
1949—
bl.17
1.08%
Aug. 18, 1949-
bl.17
1.10%
bl.17
1.10%
28, -1949-
4, -1949.
1.1,
_-
1.10%
7.85
2.28
:
Int. Rate
Treasury Note/j—
t April 1, 1950
13.74
7.94
.
7.61
5.37
1950
Issues
U. S. Certificates of indebtedness
11.76
1
Fund
Metals
1
Oils
1
Pacific Coast Invest Fund—1
Public Utility
—
1
5.68
6.94
4.89
Ask
100.3
100%
102.4'
101.28
Other
26.08
Railroad
shares——lc
———lc
l%s Jan. -20,
100.3
7.57
interest—!
Diversified preferred stock—1
Electrical equipments
1
Insurance stock _—
——1
Machinery
1
-Merchandising
—1
6.46
lc
Equipment shares lc
shares
lc
Electrical
Bid
100.1
__
15, 1949
3.95
lc
Inc__10c
Fund
Chemical
5.64
Building shares-
1955-1953—
point
Banks—
1949
22,
3.62
Corporate bond series
1
Diversified Industry———1
Diversified Investment Fund_l
5.72
Aviation
1,
ii
4.45
"N6w York Stocks Inc
^
Agriculture—.——_—_1
Automobile
1
Aviation
1
Bank stock—
1
/V
6.64
5.21
99.16
Loan
a
Trust—
.
14.02
lc
lc
99.8
y.
3.16
2.86
Selected Group Series—__1
Low Priced Com Stock Series 1
New England Fund—
—1
•
23%
5.29
lc
^
shares
Automobile
1953-1951
2%s Feb.
Building supply—
Group Securities—
Agricultural shares
1,
3.43
Speculative Series
——1
Stock Series
1
Industrial Stock Series
—1
,
1
—1
Fund
Balanced
Stock Fund
Jan.
3.84
4.04
Balanced Fund
1
National Investors Corp—^_„1
National Security Series—
Bond series —;
1
Low Priced Bond Series
1
Preferred Stock Series—,._1
14.00
25c
Dividend Shares
99.00
Maturity-
5.76
1
Fund
98.24
Home
1.65s July
l%s Sept.
100.2
99.31
32nds of
more
.3.56
Nation-Wide Securities-
1..,
_
Commonwealth
1952-1950
3.11
17.08
15.59
1,
3.23
lc
beneficial
Investors
May
1 %s
3.48
lc
,
1950-1949
J
or
one
Federal
Ask
>
1,
l%s
3.53
lc
.
Bid
l%s Oct.
3.28
3.20
lc
Non-Ferrous Metals
31.38
33.74
Chemical Fund
-—1
12.65
13.69
Christiana Securities com—_100x3,080i '3,230
Preferred
—100
140
145 i
Delaware
2.97
shares__lc
Mutual Invest Fund Inc
Century Shares Trust
Figures after decimal point represent
Ask
Federal Land Bank Bonds—
shares
2
Fund
Inv
Automobile
Oilstocks
Beneficial Corp
Bond
Bid
Business Equipment shares_lc
Electrical Equipment shares_lc
A—
Axe-Houghton Fund B
Blair
Par
Managed Funds—
2829%
Shares——1
Standard
series
Obligations Of Government Agencies
Mutual Funds—
1
Corp—_10
Business
Associated
Ask
IVa
Inc
Holding
American
Bid
shares—
Priced
Low
Merchandising
Mining shares
shares
Petroleum
Railroad
Bond
RR Equipment
Railroad stock
Steel
shares
shares
shares
Tobacco
shares
1
Utility shares—
Howe Plan Fund Inc—
Incorporated Investors
■
Institutional
Aviation
investment
Trust
Standard
7.54
of Boston—1
Investors Management Fund—1
Keystone Custodian Funds—
,99c
<
1.10
7.62
12.81
1
27.18
28.42
1
22.27
24.30
Bonds>_^__l
15.76
17.26
(Speculative Bonds)—1
pfd Stocks)—11
K-2 (Appreciation pfd Stks)_l
S-l (Quality common Stks)-1
8-2 (Income com Stocks)—.1
8.93
14.81
9.75
16.17
B-l (Investment
B-2
Bonds)
(Medium Grade Bds)
B-3 (Low
Priced
B-4
K-l (Income
(Appreciation com Stks)_l
8-4 (Low Priced com Stks)—1
8-3
19.47
47.50
9.64
10.43
18.75
20.00
5.47
5.99
83c
47
27.37
14.15
Diversified
10.13
11.06
Series E
4.17
•
>•
Banks & Trust
?
Par
New
Bank
&
York
of
Bank
92c
50
8.72
the
of
Manhattan
New
63c.
17.18
70C
Cb—10
York
4.55
Trustee
Chase
Loomis
Sayles Second Fund__10
44.29
Trust
9.19
9.37
16.66
18.18
15.23
'
16.38
3.37
3.66
%
Surety——10
10
54
56
10
53%
25
60
Trust—
&
22%
r
.
Empire Trust
First
2.50
6.39
2.11
1
3.34
1
7.40
2.30
2.41
Amer Trust Shares—
:
Bank
National
x44%
•
5
American Equitable Assur—-5
11 y»
19%
13%
20%
Casualty_5
12%
•
'Central
—
-
American Alliance
Automobile
American
85
American Fidelity
of
American
&
Re-Insurance
American
Surety
5
28 %
105%
&
Maryland Casualty common
$2.10 Prior preferred
1
13%
—
48 %
51 %
$1.05
Convertible
preferred—5
21%
23
Massachusetts Bonding
Merchant Fire Assurance
5
25%
27%
5
26%
13%
Fire
Conecticut
Life
General
Continental Casualty.
Cfum & Forster Inc—
4
6 %
7%
28
C1
18%
National
25%
27%
National Fire
61
National Union Fire
39
42
New
Casualty
(Detroit)—10
lo
5
Casualty
Hampshire Fire
25%
27%
52
Irving Trust
10
153A
100 1,280
25
42 V2
—^
Trust
&
20-
Co
163A
1,320
•-
10
36%
42 %
45
88
New York
5
14%
15%
River
2.50
x24%
21%
Northeastern
5
8 %
9%
88
92
Northern
_10
54%
57%
10
32%
34%
10
-12%
38%
Fire
12 50
Fire
Indemnity Co
90
.25
61%
65%
Providence-Washington
2nd
62 *Jv
10
preferred
American..
61%
81%
53%
Hartford
Fire
Fire
Hartford Steamboiler
j,,"
Bank
69%,
52 %
55 %
42
44
National
62%
Francisco
40%
65 %
25
12
Trust
100
Bank
N T & S A—12%
of Amer
7%
6%
590
560
Recent Security
Gas
System 3s—1974
Commonwealth Edison 3s—1999
Lt
-
102
3%s_^1978
102%
&
pfd——*
$2.20
Pow
••
53%
54'A
Rower
pfdl_._"50
51 3,a
."52 %
pfdl*
•105%
106'A
pfd——100
408%
110,-
4.70%
-
Co $4 conv
Okla Gas & El 5'A%
Merck
Lt
106
101%
101%.
101%
&
Ask
Bid
104
k__
Duke Rower
2yeS-%--i-—-1579
_
-
100
preferred
4.75%
Columbia
& Elec—
Hudson Gas
Central
103
102%
Par
Stocks—
Ask
Bid
Bell Telephone of Fa 3s—.1974
'103%
78 %
16%
28
1978
Elec
103
&
.Pacific Gas Jk
103%
102%
2nd
New
10
56 %
33
80
4%
29
Seaboard
Surety
5
49%
5
15
9%
10%
Security (New Haven)
Springfield Fire & Marine
31%
34 %
Standard
15
84
Pacilic
32%
Accident—
Travelers
S
5%
27%
100
34
106
107
>
pfd—100
103%
104%
4.40%>—100
107%
108%
102%
103'A
pfd..
Pow
4.60%
12%
10
_10
48 %
33%
Lt
pld_100
North States Pow
(Wise)
3s 1979
100%
Penna
102%
103»/2
Potomac
Edison
Ohio
3s_
Power
1978
/
(Colorado)
103
*
103 %
1003s
Ser
Rochester
Edison
3'As
—
1977
105
105%
3s__1979
101
101%
2"%s—1979
&
4.70%
Gas & Elec—
k—
$4.75 preferred series G;
100
6%
Public
84
of
Serv
Indiana
San
Wise
Electric
Power
Diego
Sccvill
51%
Texas
3 5'A
10
43%
33'A.
3 5'A
Gas
Elec—
&
preferred —20
Mfg
4.30^
Eastern
pfd—-100
Transmission—•
19%
20'A
96'A
97%.
14
14'A
\
•.
45%
10
100
6.35
a
6.60
Fidelity & Guaranty Co..2
52'A
5 4'A
10
31
33
U
S
Fire
4
59
62
10
125
129
U
S
Guarantee
10
74
78
—10
36
38
19%
20%
Westchester Fire
27
100'A
4.50
Lighting
Pub
England Tel & Tel 3s—1974
35
87
31%
5
51%
5%;, red
4%%
■
Elec—,
1st pld—_—25
103%
17%
26
_1978
Potomac
81%
5
3s^
England Power 3s
Narragansett
New
87
3%
10
U
Hanover
Portland1^--"-'
San
84%
38%
*
84
Reinsurance Corp (N Y)___2
Republic (TexasX.
10
66
64%
10
95
10
__5
St Paul Fire & Marine
Fidelity & Deposit of Md new_10
Great
:
32J
108
10
10
Falls
290
%
31
f6%
40 34
25
Bonds—
New
Pacific
Pacific
Glens
290
270.
,
12V2
2 6'/a
19%
Preferred Accident
Globe & Republic
Globe & Rutgers Fire com
::
92
67
Phoenix
General Reinsurance Corp
33%
31%
.231
Bank & Trust-17%
Bank
York Trust
Louisiana Pow
64%
61%
Firemen's of Newark,
34
United States Natl' Bank.-...20
50 %
48%
100:^ 225
Co Inc
•
First
31%
10
34
Frisco
.10
:.!
441/2
-Illinois
34'A
25
32
Fire Assn of Phila
27
•
30
54
29%
Amsterdam
58 %
Fireman's Fund of
Detroit...
of
,
Peoples First National • Bank & Trust——1__——.^20
Conn
Employees Group Assoc——•
Employers Reinsurance
10
Federal
Bank
Farmers Deposit Natl Bank
100
Mellon Natl Bank & Trust—-100
31
1,240
28 %
North
Camden
25
■
Industrial Bank of Commerce_l0
14%
10
47
5
Shippers—
Boston
525*
~
109%
New
Bankers
-505
44%
58%
-10
Automobile
___100
29%
10
20
2%
10
17%
Co_^.
Ask
Insur Co of North America
—25
Newark
American
310 :
/•'.
Pittsburgh
:
282
Manufacturers
Merchants & Mfrs
American Casualty
185:
295*"
■
273
\
Kings County Trust
Lawyers Trust
Jersey Insurance of N Y
-
177
100
National'
National
90
100
Guaranty Trust
United States Trust™
Home
89
Trust
77%'
75
100
Detroit
14V4
Agricultural
&
Trust—33%
Savings
34
87
29
Title Guarantee &
Bid
&
Bank__
&
2001
.
Cleveland
54%
—100 1,180
Bank—
Bank
188
10%
T^mst.!—IO>:12%
&
v100
'National"City Baiik-..L.4iL.—16% 22•
^-50
Sterling National
Par
24'A
4
43%
Illinois
Trust
Northern
-
%
Exchange Bank &-TrtfBt-20%V52 %
County Trust Co
*' f
r - ^
; ^ (White Plains, N Y)_„__iLl6f% 32
63
10
41'A
20
Bank
9
Federation
Companies
55%
41'A
Fiduciary Trust
Ask
Casualty
'91%
*35
/>'
J.
Co
Public Nat'l
Insurance
883A
33
<\ Ask
"j*.'
;
National
Harris
39'A
Corn
New
Life
First
15
Trust.
&
National City
Insurance
41%
116V2
10
Bank
Bank
Morgan (J P)
Aetna
National
38%
112%
Btamped
9.52
1
North
National
Continental
8.76
Series 1956
45.19 >
Aetna
334
10
*
6.55
Series 1955
4.74
93.13
Aetna
319
100
i
Commercial National Bank &
5.79
18.29
Shares—
Independence Trust Shares:
<
4.32
91.27
Bid
Continental
100
Trust
Chemical
"
City Natl Bank & Trust
%
;
Fifth Avenue
Bid
"
25%
24 Va
1
18.28
Companies
Far
;7 Ask
Chicago
Central Hanover Bank & Trust 20
20.74
Unit Type Trusts—
1
Par
Bid
%,/%%
Brooklyn Trust
9.50
21.24
Sayles Mutual Fund—•
Fund—
2.32
27.41
47.50
Street Investment Corp.*
25.09
12.96
Loom is
Knickerbocker
15.17
2.12
10c
1
25c
1
1
Series C
:
1
Union Preferred Stock Fund—1
Union Common Stock Fund
1
United Income Fund Shares—1
Wall Street Investing Corp
1
Wellington Fund
1
Whitehall Fund Inc..•—:
1
Wisconsin Investment Co
1
12.28
12.52
14.11
25.49
,
25.17
x6.94
Inc
Co
July 7, 1949
15
Television Fund Inc
Trusteed Industry Shares
Union Bond Fund series A
Series B
79c
11.21
Invest
June 30,
Bankers
8.27
72c
23.16
1
America
of
1.62
20.71
State
lc
shares
—lc
Insurance Group shares.
lc
Stock and Bond Group.——lc V
Co
4.48
'
shares
Investment
Tobacco
Petroleum & Tradings
5
Putnam (Geo) Fund
1
Republic Investors Fund.
1
Russell Berg Fund Inc
1
Scudder, Stevens & Clark
Fund Inc (new asset value) _•
Selected Amer Shares
2%
Shareholders Trust of BostoiT—1
Sovereign Investors
1
Ltd—
Shares
Group
Bank Group
;
Steel
2
Odd
lot
included
in
change.
n
liquidating
issued,
"No
x
sale
year's
(not included
range),
Admitted
to
dividend.
(Un)
Ex-dividend.
par
value,
e
in year's
Ex-interest,
trading
N.
Y.
Admitted
y-Ex-rlghts.
tin default.
to
z
b Big yield price,
range),
f Flat
Curb,
r
price,
Cash
Unlisted
Ex-stock
tThese bonds
delivery sales (not
d Deferred
k Admitted to tis'ing on N. Y. Stock
(not included in year's range),
t
sales
Trading
privileges,
wd When
delivered,
dividend.
are
subject
to
all Federal taxes.
Ex¬
Exwi When
olume
u
/
169
Number 4805
THE
.
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2247)
THE COURSE OF BANK CLEARINGS
/Bank
clearings this
week
will
Preliminary figures compiled by
show
xvxay
1949
;
decrease~"compared with
a
a
ago.
year
Third Federal Reserve
based upon telegraphic advices from the chief
us,
total stands at
this center
$13,699,577,216 against $15,456,539,804:fbr the
there
is
loss
a
for
the
week
ended
r
'
—10.4
940,000,000
City
San
Francisco
!
Ten
.
■
cities, five days
r
Total all cities, five
■■■■■„/
All
*
;
cities,
one
days.'
day.
i
723,103,973
Saturday,
ana
In the
793,856,401
$13,699,577,216 $15,456,539,804
issue of next week.
covered
—
5.4
bank
888,342,738
able
7,395,262
recorded
5.6%, in the Boston Reserve
trict of
7.7%.
The
—
—
Reserve
5.0
Total
7.6
—
3.1
(7
provement of 0.1%.
In the
records
—12.C
—
West
of 8.1%.
10.5%
totals
2,565,420
11,785,000
—
110,715,879
Carolina—Charleston
Maryland—Baltimore
8.3
District of
*—11.4
Total
3,143,550
following
413,278,439
(6 cities)
Sixth Federal Reserve
of
a
are
15,965,073 ;"4
215,300,000
4,172,615
Macon
3,960,9045
Florida—Jacksonville
86,206,528
Alabama—Birmingham
Mobile
84,919,158
Louisiana—New
3.8%, the
Federal
Reserve
decrease
an
of
1,311,111
smaller by 2.8%
+2,865,155
Federal
BANK
1949
Reserve Districts
Des Moines
Sioux City
26,625,259
14,053,344
1,242,726
712,813,276
:
Illinois—Bloomington
,
$
1947
or
Dec. %
$
12 cities
520,504,036
547,837,323
5.0
529,150,875
547,875,867
"
7,060,681,146
7,475,768,463
—
5.6
7,064,980,435
6,888,553,860
11
3rd Philadelphia
"
888,342,738
962,184,035
—
7.7
893,021,307
4th 'Cleveland.——--—- 7
9th
413,278.439
412,731,911
+
0.1
397,791,845
Dallas
619,573,052
—
3.6
603,319,690
"
929,200,514
989,115,535
—
6.1
973,234,215
439,053,128
459,931,173
—
4.5
425,064,366
341,931,149
372,237,792
—
8.1
321,030,157
465,509,291
—
2.8
427,785,526
352,024,692
282,484,698
307,334,051
—
8.1
6
"
*
v.:
.
.
>
-10
789,907,112
751,072,887
+
5.2
14,152,883,538
—
6,681,461,325
6,944,622,218
—
252,832,394
3.8
detailed statement
our
Minnesota—Duluth_.
North
660,324,560
587,583,315
1948
Dakota—Fargo
1—'
'
427,913,973
—11.0
—
1.0
4,618,061
1946
+
4.3
269,921,998
5,658,415
248,363,984
—
2.5
797,232,091
679,511,080
9.4
2,560,140
2,170,542
0.1
11,141,000
107,400,992
3,853,546
202,122,230
70,713,937
95,489,744
2,971,794
183,223,881
397,791,845
358,747,670
—14.4
16,714,516
4.7
64,158,273
232,600,000
14,690,895
52,156,629
194,300,000
3,472,035
2,682,229
71,758,889
73,498,769
—
—
+
1.3
—10.1
—
1.9
+
4.8
+
0.1
8.0
4,285,126
—
—
3.4
9.0
3,882,686
—
5.2
+
1.4
3,394,461
81,185,503
84,500,825
7,456,758
—
—
—
3.8
9.2
442,957
267,795
4.2
108,983,711
104,861,824
3.6
603,319,690
523,233,473
—10.2
7.7
1,347,900
10,139,454
8,880,165
5.6
7,441,807
6,277,301
—13.8
5,588,857
3.2
53,270,000
4,629,249
41,434,174
—
—
—
—
—
442,494,945
1,810,274
5,592,746
54,037,085
49,438.105
3,869,271
28,261,831
8.8
3,354,179
25,325,076
2,941,060
13,382,953
5.0
13,843,872
1,270,802
2.2
769,584,305
7.4
971,645
770,996,703
855 348
2,250,379
—14.8
2,259,256
2,164
8,553,372
—
5.9
7,203,054
6,720 142
+
5,835,790
6,154,025
26,671,885
10,529,226
12,154,944
—13.4
33,275,400
1,536,1$
27,749,700
-
1,337,348
Total (12 cities)
:
'"'-/'■/■■v
5.2
+
5.8
5,350,805
s
5.8
4,565,198
3,809,673
989,115,535
4,902 878-.
9,963,612
9,103 780
—16.6
26,220,200
26,015 ,100
—12.9
1*286,957
1,032 ,200 ">
—
5.0
529,150,875
547,875,867
,
30,3Q1,163
+28.9
27,300,236
11,605,497
4,318,931
—30.9
2,952,385
2,637,121
74,205,653
80,618,464
—
8.0
—
3.7
1,712,842
1,778,795
Jamestown
1,997,473
6.4
3,412,804
2,199,096
8,771,694
3,991,822
2,518,275
—
6.1
973,234,215
836,362,553
—
2.7
8.7
232,500,000
105,325,260
226,100,000
—
—
4.1
255,900,000
116,383,854
85,504,866
2,142,453
—10.5
85,409,281
1,829,825
459,931,173
—
4.S
425,064,366
70,175,307
1*251
1,579,879
„
6,802,973,056
Rochester
7,203,261,3120
19,230,555
—
2,151,060
5.6
6,811,483,093
1,615,504
6,676,655,801
22,872,358, .^*5.9
19,123,372
12,305,947
13,790,375
—10.8
13,561,434
9,498,969
13,719,408
—12.6
10,617,823
10,881,726
808,856..^^-1.3
-•:.**721,246
Newark
41,128,679
Northern New Jersey
42,494.072
52,304,809
;
(10
—
— ——
2
V
6,796,194
8,168,068
—11.4
6,374,987
6,152,370
—11.2
219,459,491
75,184,275
184,249,755
66,364,502
5,482,419
—
+
0.9
0.6
—12.7
3,106,948
+
3.1
2,896,056
+
8.2
8,525,981
3,823,198
2,557,448
2,168,221
6,515,293
8.1
321,030,157
271,830,787
372,237,792
_
7,060,681,146
408,805
+ 49.1
367,071
258,132
630,321
+ 60.1
585,752
430,321
8,432,770
112,301,051
—11.7
6,932,549
5,855,579
5.8
110,030,100
81,303,640
4,974,222
13,491,073
306,613,758
11,523,714
2,338,792
+
2,018,175
+ 15.9
1,720,139
8,210,938
240,985,400
6,654,949
1,775,141
1,576,370
452,250,068
cities)
465,509,291
2.8
427,785,526
352,024,692
7,750,832
+
7.5
5,993,852
—17.5
9,629,618
4.9
280,916,131
9,675,861
1,934,453
—
—
—11.9
—
3.2
Eleventh Federal Reserve
District—Dallas-
Texas—Austin
7,979,056
229,503,120
Fort Worth
Galveston
/
27,824,078
8,078,000
4,201,634
4,470,027
11,314,244
282,484,698
(6 cities)
5,027,000
10,970,117
Wichita Falls
Total
8,181,702
247,466,000
24,803,771
Dallas
Washington—Seattle
307,334,051
114,705,161
Yakima
3,713,769
139,660,970
149,273,528
54,625,162
8,601,809
53,990,355
11,912,042
9,398,887
384,759,503
10,538,614
4,796,258
8,330,999
789,907,112
Utah—Salt Lake City
California—Long Beach
751,072,887
13,484,434,381
14,152,883,538
6,681,461,325
6,944,622,218
14,615,988
Pasadena
San
—
3.2
—
54,250,596
3.6
39,303,511
51,352,941
17,512,755
11,608,025
426,812,626
Jose—
11,593,296
Santa Barbara
(10 cities)
37,332,214
Grand Total
48,217,618
-
4,200,448
Stockton
Total
—
■-
—ji&tt'w
7,475,768,403
.
....
—
5.6..
,
:
Outside New York
(111 cities)
-
7,064,980,435
6,888,553,860
114,358,932
3,483,627
■
uki
6,621,190
260,842,153
82,982,114
3,361,202
3,466,871
841,469
798,454
.
U,338,799
387,083,704
2,339,935
San Francisco
11,997,395
Syracuse—.
onnectlcut—Stamford
92,320,546
67,324,359
2,413,433
Springs
Pueblo
Total
Oregon—Portland
84,528,083
2,554,125 -'—17.9
_
8,935,533
911,683
669,988,508
—
—
2.5
6,945,640
6,719,005
7.3
204,558,000
24,877,736
175,563,000
—10.9
—37.8
5,152,000
18,945,680
3,624,000
6.0
2,951,862
8,347,156
2,165,242
7,428,555
252,832,394
214,445,482
96.403.93&
92,507,802
3,458,494
—
—
3.0
—
8.1
+
0.3
Twelfth Federal Reserve
District—San Francisco—
Elmlra
New York—
19,930.372
_
vjW
2,982,948
Buffalo:—
•
10,148,064
City
Colorado—Colorado
Louisiana—Shreveport
39,043,335
—j-
t
11,134,173
291,527,261
035<
York—
Binghamton
■
20,675 567 "
25,654,906
'..v.
V.>.''VAX
Reserve District—New
York—Albany
—
547,8$,323.
520,504,036
K
4,312,801
t
2,644,396
609,388
St. Joseph
1,788 854
659,754
—
28,225,290
Hampshire—Manchester———.
1,202,715
7,448,895
118,808,388
7,165,834
Wichita—
659
4.4
8,047,745
hode Island—Providence
5,544,408
—14.1
654,697
Missouri—Kansas
4,313,
7.5
Springfield
New Haven
65,319,709
4.6
8,838,375
Kansas—Topeka
1,342. 042
+ 1.0
1,916,749
Connecticut—Hartford
9,572,000
0.6
341,931,149
——.
Omaha
468,962 262
New Bedford
Worcester
23,089,100
3,682,188
6,009,339
10,702,493
3,574,943
Hastings—.
•<
$
1,961,986
—
919,4$
—
5,973,840
135,998,700
+ 28.5
1.6
Nebraska—Fremont-
:1947
—10.9
447,799,31^
1,934,24^
1,953,683
-
Total (12 Cities)
256,744,853
+
2,935,078
-
Total (7 Cities)
'
4,250,855
-
Jersey—Montclair
6,902,235
156,638,973
325,424,866
28,241,300
4,093,380
5.0
7.2
+
6,836,536
Helena™.
6,534,284,368 ^ 5,798,710,814
Inc. or
1,970,053
988,623
ew
2.1
6,349,480
Tenth, Federal Reserve District—Kansas City-
1,755,054
Fall River
ew
+
—
—
8.8
82,222,082
South Dakota—Aberdeen
12,475,366,615
Dec. %
Portland
Federal
828,114,132
showing the figures for each city for the
at—|
assachusetts—Boston—
|
893,021,307
2.6
231,656,888
-V"
214,445,482
-,
First Federal Reserve District—Boston—
Second
7.7
2,929,816
5,867,247
Minneapolis
St. Paul
May 14 for four years;
aine—Bangor
'■
—
District—Minneapolis-
Lincoln
ew
6,758,120
t
Ninth Federal Reserve
Week Ended May 14
Lowell-
6,936,552
5,799,380
439,053,128
13,345,767,461
4.7
1949
Clearings
4.4
1,916.528
'
13,484,434,381
Cities
Outside New York City
week ended
+
5,621,752
106,260,960
81,975,640
Montana—Billings
add
—12.4
+"'•
271,830,787
452,250,068
"
>
—
now
—20.2
II,435,820
248,900,000
Total (4 cities)
387,083,704
111
I We
2,759,430
4,611,359
2,385,669
2,487,667
836,362,553
"
—-10
San Francisco—
Louis™
:523,233,473
y4
Total
3,128,790
5,536,181
2,475,991
3,969,404
+ 13.6
929,200,514
Kentucky—Louisville
358,747,670
597,508,617
7
City:
—11.2
5,125,135
3,566,947
Tennessee—Memphis
Illinois—Quincy
679,511,080
"
Minneapolis
2th
797,232,091
"
Louis——
0th Kansas
1th
2.5
16
Chicago
8th St.
—
6
6th Atlanta
7th
789,588,025
10
Richmond
5th
769,474,804
2,651,510
—19.8
11,729,749
Missouri—St.
828,114,132
f
"
797,000,000
Eighth Federal Reserve District—St. Lonls^-
12
York™
2nd
858,818
3,681,360
858,000,000
7.7
1946
$
'
1st Boston-C.-.-.-,
9.6
2,884,110
Total (16 Cities)
Inc.
1948
$
,
1,284,160
992,307
X
59,266,457
3,528,016
Iowa—Cedar Rapids
Rockford
CLEARINGS
7,087,292
61,997,227
Springfield
OF
6,705,096
56,764,000
7,128,618
Terre Haute
by Federal Reserve Districts:
6,468,177
54,972,000
Wisconsin—Milwaukee
and in
I,460,088
IF,198,202
5,779,407
Indianapolis
South Bend
6.1%,
619,573,052
6,108,146
Indiana—Fort Wayne
im¬
114,371,895
10,335,443
Grand Rapids
the
and
s
SUMMARY
967,919
1,390,904
District—Chicago-
Lansing
2.5%
463,457
109,595,201
Orleans-—
88,316,944
7,483,418
398,141
Michigan—Ann Arbor
Dis¬
4,582,908
4,176,856
85,007,379
8,794,584
*
Total (10 cities)
Seventh
18,643,565
73,626,630
222,900,000
597,508,617
—
Mississippi—Vicksburg—
Decatur-
Week Ended May 14
412,731,911
70,196^413
Georgia—Atlanta
Augusta
but in the San Francisco Reserve District the
a summary
+
—
1,110,438
3.8
7.9
District—Atlanta-
Nashville
Chicago
furnish
we
3,494,938
208,238,673
77,049,258
204,'313,948
Peoria
In the
2,831,883
11,798,000
109,319,159
80,754,642
1
Columbia—Washington
Tennessee—Knoxville
larger by 5.2%.
are
S
District—Richmond—
South
—11.5
and in the Minneapolis Reserve District
In the Kansas City Reserve District the totals
Dallas Reserve District by 8.1%
789,588,025
Virginia—Huntington
Virginia—Norfolk—.-
6.7
loss of
a
decline
a
Chicago Reserve District there is
St. Louis Reserve District of
270,308,628
769,474,804
cities)
Fifth Federal Reserve
Atlanta Reserve District of 3.6%, but the Richmond Reserve
District records
in the
+ 37.5
—
—
—14.1
a
District
6,720,712
281,973,059
Pennsylvania—Pittsburgh
District of 5.0% and in the Philadelphia Reserve
Cleveland
962,184,035
8,636,362
32;928:600
Youngstown
has to be estimated.
cases
Outside of this city there was
clearings at this center have
9,472 ,888
6,197 136
4,054,258
280,759,111
Mansfield
8.9
1948
by the foregoing will appear
the last day of the week in all
week in 1948.
'
7,243,856
160,772,956
302,452,927
36,991,900
5,097,046
153,728,152
—14.3
—
to
same
1947
District—Cleveland—
Columbus___
decrease of 5.6%. 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
the
;
Cleveland
elaborate detailed statement, however, which
883,538 in the
of
8 301 020
cities)
—12.3
we present further below
give final and complete results of the week previous — the week
ending May" 14.* For that week there was a decrease of
4.7%, the aggregate of
clearings for the whole country having amounted to $13,484,434,381
against $14,152,we'are
2,268 200
5,146 560
4,108,868
6,469!507
._
Cincinnati
not available at time of going to press
are
3,069 ,365
7,222 666
5,795,235'
Ohio—Canton
We cannot furnish them today, inasmuch as the week
the Saturday figures
Accordingly, in the above
1
2,340,436,190
$12,971,473,243 $14,662,633,403
Complete and exact details for the week
our
ends
226,314,557
*$10,503,599,853 $12,022,277,213
Total all cities for week
in
358,662,905
2,462,873,390
3,582 ,130
922,000, 000
2,575,936
Richmond
'
•
328,713,577
219,366,370
Other cities, five days.
,
.
343,848,000
303,005,018
Baltimore
;
308,400,000
308,850,G98
;
305,314,420
326,794,000
;
Cleveland..
•t
517,647,718
261,573,994
.-
Pittsburgh
i
994,000,000
280,900,000
.
St. Louis
1,121, 263
1,168, 578
2,726,866
Fourth Federal Reserve
—14.5
657,899,302
454,044,482
Kansas
„
,
$7,981,476,734
v
or
%
589,278,483
:
935, 249
3,925,264
New Jersey—Trenton
$6,82:1,787,458
Boston.
i
1948
Inc.
Dec. %
851,000,000
York
(11
1,285,891
i>078.364
1,075,787
Wilkes-Barre
<'■:$ v
1949
;
1
At
Total
New York
Philadelphia
•
Philadelphia
Reading
V;/
;
Week Ended May 21
Chicago
Bethlehem
Our comparative
/a., "•
Clearings—Returns by. Telegraph
t
in 1948.
—.
Delaware—Wilmington
summary for the week follows;
•
same week
Friday of 14.5%.
*
District—Philadelphia—
Chester——
Lancaster--
Our preliminary
year.
1948
$
.^
Pennsylvania—Alt°ona
cities of the country, indicate that for the week ended
Saturday, May 21, clearings
for'all cities of the United States from which it is
possible to obtain weekly clear¬
ings will be 11.4% below those of the corresponding we&k last
43
"
tNot included in totals.
INot available.
-
—
—
+
6.2
3,646,316
6.4
103,614,406
45,235,316
1.2
+ 22.7
+ 23.5
+ 10.9
+ 10.0
—12.4
9,484,680
8,029,919
370,687,891
11,174,171
67,824,000
38,397,555
9,715,475
8,008,449
348,453,446
9,234,308
3.3
3,866,556
8,181,366
3,459,707
+
+
5.2
660,324,560
587,583,315
4.7
13,345,767,461
12,475,366,615
3.8
6,534,284,368
5,798,710,814
—
—
6,524,079
44
THE
(2248)
FINANCIAL
&
COMMERCIAL
CHRONICLE
Monday, May 23,
NOTICES
Foreign Exchange Rales
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
Pursuant to the
We
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
the
to
TENDER
OF
Company and Issue—
American
Date
FOREIGN
EXCHANGE
CERTIFIED
RATES
RESERVE
FEDERAL
BY
May
:
v
1949
13,
MAY
TO
BANK
TO
TREASURY
UNDER
TARIFF
1933
OF
ACT
Co., common
stock
——Jun
9
Curtiss-Wrlght Corp., common stcck
July.. 1
Hanchett Mfg. Co., 1st mtge. conv. 5Va% bds., ser. A_.May 20
Manati Sugar Co.. $4 sinking fund bonds, due 1957.1.Jun
9
Philadelphia Transportation Co.—
•
> •
Consol. mtge. 3%-6% bonds, series A, due 2039—... Jun 15
Pittsburgh, Ycungstown & Ashtabula By.-—
'■
General mortgage bonds.—
May 31
~
Value in United States Money
Noon
B/G
Foods,
Inc.,
Childs
■M"';
$
$
.251247"
.251247*
.251247*
.200000*
.200000*
.200000*
Cqal Corp.,
.200000"
3.210150
3.210150
3.210816
.022750
.002750
.02275C
.022750
.021750
.021825
.021962
.021950
.054406
.054406
.054406
.054406
.054406
l.COCGOO
Free
—.—.—
1.000000
l.COOOOO
1.000000
1.000000
.949375
.951640
.952125
.951875
.953125
.301166
.301166
__—
Ceylon, rupee.:
France
.301166
.301166
___
_
.301166
.020060
.020060-
.020060
.020060
.020060
.208535
Czechoslovakia, koruna
.208535
.2C8535
.203535
.208535
._
Denmark, krone
(Metropolitan), franc—
Official
.004671*
.004671"
.004671*
.004671*
.003039*
.003039*
.003039*
.003039*
.003039*
.301673
\
.004671*
—r
—
■
■
a
Mexico, peso
Netherlands, guilder
_
.301678
.301678
.301678
.301678
.125000
,
;
.125446
.125446
.125303
.125308
.376142
.376200
.376114
Fort
Street
3.989683
3.988860
.201580
.201580
.301580
.497240
.497240
.497240
.040328
—
Straits Settlement, dollar.
.040328
.040325
.040328 *V
Closed
'
.301580
.497240
"
.472166
.472000
.472600
.278228
.278228
.233629
.233629
.472000
.278228
.233629
.040328 *
.472000
.278228
.233629
__________
1
Sweden, krona
;
—
f
Switzerland, franc
Union of South Africa,
...
pound
4.007500
4.007500
4.007500
4.C297G5
4.028750
4.0287S0
.658300*+
.658300*t
.588223*+
.588223* +
.561799*+
.561799*t
.531909°t
.531909"t
.658300*+
.658300*+
.588223"t
.588223* i-
.588223*t
.561799
.561799*+
.561799*+
.531909*t
•531909*t
.53190S*t
.658300ft
:
....
li
.233629
4.007500'
Closed
4.031523
Uruguay, peso
Uruguay, peso
Uruguay, peso...—...
Uruguay, peso
.278228
.
4.031484
4.007500
....
United Kingdom, pound sterling
Reserve Banks Combined
thousands
(in
i
of
•
crease
1948
>'
$
fund
for
—
—
—
R.
>
notes
Total gold Ctf. reserves
cash
—
+
7,b80
+
570,209
637
14,937
—
+
9
—
securities:
22,373
+ 1,139,886
3.332
772,969
advances
loans
547,719
261
—
.
.
Bills
4.189,028
—
266,708
—3,514,773
Certificates
6,717.800
—
13,579
+2,598.807
Notes
359.100
S.
Govt,
securities-
—
2,500
—1,577,700
8.440,400
Bonds
Total U.
—
140,800
+2,101,750
19,706.328
—
423,587
—
391,916
loans
from
Due
F. R.
securities..
Notes
of
items
+
146,613
+
155,542
;
Holdings
increased
bonds
Government
United
of
100,670
:
+
+'
32,451
_
814
—
reporting member banks.
San
Francisco
South
178,068
assets
+
46.906,131
.
1st
Carolina
Electric
mortgage
354s,
Natural
303,379
—
summary
13
—
-
2,367
+
member banks follows:
V
Inc. (+)
+
457,106
196
+ 1.030,775
notes
23,269,894
—
60.067
—
326,242
bank—reserve
Treasurer
—
gen.
acct.
18.301,543
+
137,571
acct.
1.025.533
+
112.866
May 11,
586,503
Tide
Water
Foreign
494,002
—
6.433
+
Other
511,239
—
5,693
+
23,886
chasing
U.
deposits
availability items
Other liab., incl. accrued divs.
Deferred
20,232,417
+-
238.311
2,466.019
+
273,516
12.282
—
117
+1,419,604
—
Other
S.
46.081.212
+
451,643
+
933,755
Government
204.430
Surplus
466.711
in
(Section 7)
Surplus (Section 13b)
capital accounts
27.543
Other
of
note
+
46.906.131
+
5,419
+
72,156
457.106
+1,030,775
liabilities
combined
—
0.2%
1.3%
+
purchased for foreign
Commitments
to
make
5,756
+-
216
+
2,457
—
4,235
Co.,
Inc.,
1st
2,383
—
13
Condition Statement of Member Banks
The condition statement of
weekly reporting member
System in leading cities
shows the following principal changes for the week
ended May 11: An increase of $848,000,000 in holdings of
United States Government securities, and decreases of
$422,000,000 in loans, $792,000,000 in reserve balances
■with Federal Reserve Banks, and $424,000,000 in borrow¬
ings.
Reserve
industrial,
and
decrease
agricultural
$42,000,000 in New York
amounts in most of the other
of
loans
de¬
City and by smaller
districts; there
was
a
net
$68,000,000 at all reporting member banks.
Loans to brokers and dealers for purchasing or carrying
United States Government securities decreased $294,000,000.
—
obligations
622
purchasing
or
294
44
—
+
+
+-
*
1
1890
2149
1492
Jun 15
preferred stock—July 1
$3.75
bonds, ser. C, due 1973.__.Jun
bonds, due 1958
Jun
mtge. 3%
ENTIRE
ISSUE
New
York
Ohio
1821
2037
Pag3
1
t241Q
6
1993
Container
&
General
Westchester
mortgage
Power
Pacific
1
Date
debs., series A, due 2024—July
Corp.—
5% sinking fund debentures, due 1959——
Jun
New England Telephone & Telegraph Co.—
1st mortgage 5s, series A, due 1952
__Jun
National
17
CALLED
Company and Issue—
Co.,
2%%
Silk
Hosiery Mills, Inc.,
7%
2106
Jun
1
51591
9
2107
May 25
1888
July
1491
..July
2024
due
$5 preferred stock
Indiana, Inc.—
debentures, due 1962
convertible
1454
1
.
due 2004
debenture bonds,
6%
of
1
Jun
Lighting Co.—
bonds,
Lighting Corp.,
Public Service Co.
in this
preferred stock
1
issue.
tVol.
§Vol.
166.
167.
DIVIDENDS
Dividends
first
grouped in two separate tables. In the
bring together all the dividends-announced the
we
week.
current
which
441
197
loans
—
9
+
201
—
5
—
4,086
'
1
—
416
securities
108
—
l
+
—
Then
follow with
we
show the dividends
we
a
+-
848
2.356
+
Treasury certificates of indebtedness
4,913
970
+
+
520
163
10
—
25,872
+
155
—
securities—total
Treasury notes
+
+
second
table in
previously announced, but
which have not yet been paid. ; Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
Investment
News
Department"
in the week when
declared.
The dividends announced this week
are:
When
Per
Name 0/ Company
Abitibi
Power
Sl.oO
Share
+25c
1
6-
1
f37%c
7-
1
6-
l
162 VaC
(quar. )__•
prior preferred
Holder*
Payable 0/ Rec.
7-
7-
1
6-
1
6-15
6-
3
Co., Ltd., common
Paper
preferred
$2.50
5%
&
(quar.)
Electric
Corp., common
preferred (s-a)
5c
(quar.)
1
5-20
6-30
6-20
6-
5-21
6-
$2.50
...
'
Air
Products,
class
Gas
Alabama
Great
25c
A
1
(quar.)
87 V2C
ordinary.____
$4
6-29
$4
6-29
5-28
50c
6-30
6-
7 be
7-
1
6-15
$1.25
7-
1
6-15
5c
G-
1
5-20
6-
1
5-20
Corp.,
S3.50 prior pfd.
Southern
RR.,
American
Aggregates,
American
Beverage Corp.—
preferred (quar.)
20c
conv.
5%
pid.
(quar.)
prior
6'k
preferred
Colortype
American
Cyanamid
3Vs'io
preferred
American
Co.,
Lines,
American-Hawaiian
82
59
356
American
Stores
31
American
American Sugar
7%
Andian
7-
1
6-
3
7-
1
6-
3
1
$1.25
6-15
6-
5-31
5-24
G-14
6-
pfd.
$6
r;-ai_
G-14
6-
1
6-15
6-
1
7-
1
6-
3
7-
3oc
(quar.)
1
75c
S3
•
—
Refining Co.—
Woolen
6-
6
6-
1
7-
1
6-10
$2.25
7-15
6-15
$1
50c
(quar.i
...
(quar.)
preferred
(quar.)
6-
1*
6-15
6-
1*
7-15
7-
1*
20c
quar.i
(quar.i
6-15
$1
$1.75
(reduced
com.
prior
preferred
2
6-13
$1.25
$1.75
Tobacco
Co..
convertible
7%
37 V3 C
12V2C
American Surety Co. (s-a)
...
American Telephone & Telegraph Co.
$4
1
1
50c
Finance,
Sumatra
American
6-
Inc
preferred (quar.)
60
1,104
1,466
6-13
6-15
(N. J.)—
Co.
(quar.)
Steamship Co..
Co.
6-
6-30
37 Vsc
__
Tiling
6-15
30c
(quar. )..
common
District Telegraph
Export
I
$1.73
_
(quar.).
American
5-28
$1.50
(quar.)
Encausic
5<r
_________
(quar.)
American
.
....
(accum.)
Cigarette & Cigar Co., common—
preferred
National
+212
—
1,388
34,111
1
Government
142
177
carrying:
obligations
+
S.
are
American
3.362
Other
Cash
796
in
Federal
with
+
68
—
+
74
—
150
4.353
Banks
Reserve
vault
—
12
+
13,196
securities
Reserve
1,086
125
641
32
2,136
U. S. bonds--
—
792
+
45,921
+
15,253
1,096
+•
deposits adjusted
deposits, except Government
U. S. Government deposits
Interbank demand deposits:
99
38
53
—
—
+
—
452
4% 5
578
banks
8,401
+
103
—
1,343
151
—
8
424
+
-
—
—
298
25
30
deposit accounts, except
U.
S.
during week—
Govt,
accounts,
7','r
Applied
Arts
Oil
Atlantic
6-15
6-
1
7-
6-20
Year-ago figures
jhave been adjusted to
a gross
basis.
:
Hvdro-Electric
Co.,
preferred
Valley
Mfg.
Club
preferred
including
and
those
a
common
list
stocks
called under
The date indicates the
ci
Extra
corporate bonds, notes,
called
redemption,
for
the details were
Trust
Casket
sinking fund provisions.
redemption
or
last date for mak¬
(except where indicated) in which
6%
_____
4Va <t.
Buffalo
preferred
Bolt
Co.
Inc.
5-27
5-30
6-
1"
6-
1
5-14
6-
1
5-24
5-17
7-1
6-16
7-
6-15!
50c
5-25
5-12
81
6-1
5-20
5-21
1
6-
1
7-
1
6-15
6-
1
15c,
6-15
6-
1
$25C
7-15
6-30*
6-11
Inc.—•;
common
(quar.)
(quar.)
—_
Billiard Dry Dock Co., Ltd.—
45c participating class A
iqi2ar.)_
5-20
6-
12'he
6-
1
5-20
6-
1
5-20
6-10
5-27
6-
5-17
37 Vsc
50c
Ltd
1
37'hc
28'sc
(auar.)__
(quar.)
Dredging,
6-27
25c
______
Bulolo -Gold
6-10
6-15
73c
_______
Manufacturing Co.,
preferred (quar.)
Bullock's,
1
2
6-13
25c
(quar.)
Idj.
conv.
7-
25c
(s-a)__
Co.
Bright (T. G.) & Co., Ltd
Broadway Department Store,
Brunner
7-
25c
_____
...
.__
ing tenders, and the page number gives the location in
the current volume
Rent
Burial
Co
Brsch
(E. J.) & Sons (quar.)
BriggS & Stratton Corp., com. (quar.
Notices
Below will be found
Ground
6-10
40c
(quar.)
Manufacturing
Boyertown
6-10
1
25c
Aluminum & Brass Corp..
Boss
Boston
1
1
7-
55c
(irreg.
(quar.)
Gas & Electric—
Bohn
Redemption Galls and Sinking Funds
7-
7-
$3
&
.
5-25
7-20
125c
preferred (s-a)
Bock-of-the-Month
6-22
40c
12 Vhc
(initial).
Ties, Inc. (quar.)
Packing Co. (quar.)______
Blackstone
6-17
6-10
$1
Brummel
Co.
6-30
7-15
SI.75
______
__
Hardware
5-31
53c
(quar.)
preferred (quar.)
41/4% preferred (quar.)
Beatty Bros., Ltd.,* now com.
4%
6%
(quar.)
common
5-31
6-15
30c
(quar.i
6-10
6-15
10c
Co.
(quar.)
Corp.
6-30
30c
30c
62'he
Refining Co., com. (quar.i.
preferred (quar.)
Investment
Black-Clawson
1
10c
Corp
&
Oil
Belknap
reported.
$1.75
(quar.)
City Electric
Atlantic
Beech-Nut
individual loan items are reported gross,
i;e., before deduction of valuation reserves, instead of net as previously
1948,
(irreg.)
convertible
Associates
7%
Ltd.
Co.—
prior preferred
Ashland
Beau
19.416
____
tBeginning June 30,
Corp.,
Apex Electrical Mfg.
Bangor
Foreign banks
and
National
$1.20
'
Demand
interbank
creased
Oil Co.,
Quarterly
Borrowings
banks of the Federal
68
—
594
Government
Debits to demand
Commercial,
15
Jun
Appalachian Power Co., 6%
American
loans
Domestic
indus¬
trial loans
274
pur¬
Time
53.0%
^
for
Liabilities—
on accept¬
correspondents
for
Balances with domestic banks
gold certificate re¬
deposit and F. R.
Contingent liability
ances
6.342
18,522
to
serves.
:_Jun
—:
1968
....
126.235
Total liabilities & cap. accts.
44
+
+•
+
+
Treasury bills
U.
Capital paid
dealers
Loans to banks
Other
Capital Accounts—
+
1,125
138
422
securities
estate
—
carrying:
or
Other
5,528
—
Real
liabilities
S.
and
brokers
loans
U.
154,079
—
+
13,908
to
Other
Total
Ratio
1
Co.—
1973.
1st lien & ref. mtge. 3Vi%
Wilson
American
agricultural
and
loans
84,838
—
414
422
62,049
:
Loans—grosst
Commercial, industrial,
125,274
Total
1
1
Jun
Co.—
Associated
4%
1948
1949
23,585
Investments—total
and
Loans
May 12,
May 4,
„
(in millions of dollars)
Assets—
+1,795,995
—
or
Dec. (—) Since
Loans—net
S.
1996
1997
1997
Jun
__•
6'x
10,886
Deposits:
Member
1991
1338
participating preferred..———_—
Alleghany-Ludlum Steel Corp. (quar.)___
Amalgamated Leather, 6% preferred (quar.)
of the- assets and liabilities of reporting
249,014
Liabilities-
U.
& Gas
due
Gas
mortgage pipe line 3% bonds, due
Thew Shovel Co., 7% preferred stcck
Alabama
Loans
Reserve
1
1
1996.Jun
A'r
Southern
Acme
Borrowings decreased $379,000,000 in New York City
and $60,000,000 in the Chicago District.
1949
Federal
Jun
England Theatres,
Inc.—
bonds, due 1958
Line RR., 1st mtge. 4s, ser. A, due
Sherwin-Williams Co., 4% preferred stock
and
deposits adjusted increased $90,000,000 in the
District, and $41,000,000 in the Chicago
District outside of Chicago; they decreased $62,000,000
in New York City and $29,000,000 in the Cleveland Dis¬
trict; the net increase at all reporting member banks was
$99,000,000. Demand deposits credited to domestic banks
increased $103,000,000.
Demand
11,392
—
2,721.702
assets
Total
States
$66,000,000 in New York
Ctiy, $26,000,000 in the Cleveland District, and $155,000,-
49
other banks
premises
Other
20,419,934
foreign banks.
Uncollected
Bank
and
banks.
member
reporting
A
Total
1882
-Jun
mortgage
of Treasury bills increased $217,000,000 in
City, $166,000,000 in Chicago District and by
smaller amounts in nearly all of the other districts; the
000 at all
.
273,970
Govt,
+ 1,162,259
1.330
23,119,277
F.
$
:
2,002
601,848
22,517,423
;
May 19,
1949
$
certificates
(—) since
May 11,
1949
Assets—
S.
1381
.
1
Holdings
reporting member banks was $520,000,000.
Holdings of Treasury certificates of indebtedness in¬
creased $79,000,000 in New York City, $38,000,000 in the
San Francisco District, and a total of $163,000,000 at all
Increase ( + ) or de¬
May 18.
and
,
Jun
Poli-New
Seaboard
New York
increase at all
dollars)
'
'
:
U.
1
tApplication depends upon type of merchandise
Statement of Condition of the 12 Federal
Industrial
1
Jun
Union
♦Announcement
Other
1957—.—Jun
mortgage
Real
"•Nominal rate,
Discounts
4s,
Depot Co,—
3%%
bonds, due 1965.
Iowa Electric Co., 1st mtge. 3s, ser. A, due 1961—
Minnesota Transfer Ry.—
,
1st mortgage 3%% bonds, dated 1936
1st
3.988860;
3.991542
.201580
3.991748
....
Philippine Islands, peso.
Portugal, escudo__-_
Redemption
due
!
mtge.
Corp.—
1961—
due
.376125
.497240
pound.
Norway, krone
Gold
1879
1st
Power
3 Vis,
Page
Virginian Ry.—
.376100
India, Dominion of, rupee
2108
1987
41
2102
1945
1st
Free___
New Zealand,
New
mortgage
1st
——r
14
stock..._____—L__Jun ' 1
5% preferred stock
—Jun 20
preferred
Sugar Co.,
York
Canada, dollar—
Official
5'/a '70
1st
3.212313
Closed
Atlantic
Eastern
.022750
1_.
*
2107
May 25
dated
,
.021750
3.212476
:
Co.,
Cuban
.251247*
.297733*
.2OOCC0*
—
Belgium, franc—
Foreign "bank notes"account
Brazil, cruzeiro
Date
DeBardeteben
$
.297733*
.251247*.
:
*
REDEMPTION
debentures,
5%
.297733*
$
$
.297733*
Fey "non regular" products
For certain industrial products
May 19
May 18
May 17
.297733*
—
Australia, pound
May 16
May 14
$
Argentina, peso—
For "regular" products
*
,
Company and Issue—
Buying Rate for Cable Transfers in New York
May 13
2093
1949, INCLUSIVE
19,
PARTIAL
Country and Monetary Unit
Page
Ice
,
give below a record for the week just passed:
1949
_____
1
6-17
tl-lc
5-30
6-15
+50c
„_
5-28
6-20
6-10
*
given in the "Chronicle."
.
California
Ink
Co.
(quar.)
__________
:
75c
Volume
169
Number 4805
THE
Per
Name of Company
California
Camden
5%%
Forge
Co.,
Crushed
Canada
50c
-(quar.)
15c
(quar.__
common
-preferred
.conv.
Canada
Share
-
Water' Service
34 %C
(quar.i——
Stone,
Ltd
Wire
Class
Cable,
(interim)-,
B
Canadian.
5%
&
Cahners,
60c
ncn-cum
common
'60c
:
6%
■
Gas
Co.,
2
7-
Western
Sugar
Co.,
(quar.)
6-10
6-10
Hahn
6-10
6-30
6-10
Wire
Co., common
(quar.)__j
{20c
6-
5-16
25c
6-14
6-
75c
6-20
5-20
Holt
4%
preferred
1
6-
1
6-
1
5-20
75c
7-
1
6-
87 %c
8-
(Henry)
Class
A
(quar.)
Cleveland-Clil'fs Iron
6%
'
$4.50
preferred
guaranteed
Interbanc
6%
Inc.
Bror.ze
Co.,
4%%
4%
common
(quar.I
—
Nast
40c
Inc.,
Inc.
Ltd.
Investment
5-28
6-15
5-23
Irving
7-
6-20
Jaeger Machine Co.
&
1
7-
1
Co.
Consolidated
preference
A
B
C
5-27
6%
5-27
6%
6-20
6%
Consumers
Co.
Consumers
Gas
Continental
Coos
$2.50
Co.
6-20
Katz
1
5-20
Kelvinator
1
5-20
Kendall
Steel
5'/<
Steel
N.
preferred
Cuban
'
3
6-21
6-
2
7-
1
6-
Curtis
(Helenei
50c
7-
1
6-20
Kerr-Addison
7-
1
6-20
Kerr-McGee Oil
10-1
$1.25
8-
-
1
$2
Daniels
pfd.
$1.20
8
$3.50
1
Dunn
Steel
$6
6-
7
6-10
5-27
Loew's,
Inc.
Lord
Taylor,
6-15
6-
6-30
6-ia
6-23
6-
El
-
•
7.-15
6-24
15c
6-15
6-
$7
1 quar.
50c
(accum.)
__
Co.,
Stores
pfd.
Electric
1
Ltd.
Inc.,
(quar.)
(Texas)
Company
7-25
7-
7-11
7-11
66-
3
$1.75
5%
iquar.)_.
1
6-
6-
3
Mississippi
1
6-
3
Missouri
7-
2
6-15
Mobile
6-13
5-31
Mojud
7-
6-20
.
Currne
United
Quarterly
Fitzsimmons
6%
5%
5-26
4V2%
Monroe
Shoe
Stores
Moore
6-15
6-
1
5-26
$3.50
5-31
5-18
Dyeing
class
Florence
Florida
6-
4
6-
Co.
6-
1
6-
1
National
Radiator
6-
9
5-25
6-20
10c
quar.i——
30c
*6-15
5c
Fair
$2.50
Stores
preferred
Foster
Fundamental
Futures,
6-15
6-
3
4lh'7r
(quar.)
Power
Co.,
—
Norfolk
6-15
North
1
class
A
(quar.)
Southern
6-15
6-
6
5-25
4%
6-
1
5-20
4V2%
5-27
^
North
6-
Nova
1
6%
Star
Scotia
——
{30c
7-
1
6-
1
{$1.25
7-
1
6-
1
Oak
{$1.38
7-
1
6-
1
Oakland
common
Co.,
____—
common—
■—.
$1.12%
class
A
75c
25c
—
Co.,
$5
preferred
(quar.i
(quar.)_——
Gibson
Refrigerator
Gisholt
Machine
25c
Corp.
(quar.)
Co.
•.
6-10
5-25
Ltd.
1%
preferred
Title
1
7-
1
6-15
6-29
6-16
6-10
6-15
5-27
7-
7-
50c
7-
7-
preferred
Gulf
414%
com.
(quar.)
A
(quar.)
___
1
6-15
6-10
5-31
6-15
5-31
7-
2
6-
6
7-2
6-
6
{15c
{$1.25
Co.,
com—
Z
Co.
1
5-23
6-1
5-23
6-
5-23
3714
8-
6-20
6-15
Union
2
6-
7-
6-15
6-10
1
6-15
5-20
5-20
8
5-31
6-
1
7-
1
6-21
$60c
6-
1
5-16
6-
J20c
1
5-16
50c
6-30
6-20
25c
7-15
6-
3
26 it c
7-
1
6-
3
28 Vac
-
7-
1
6-
3
50c
6-15
5-27
7-
6-23
6
40c
7-
1
6-
15c
_____—_
7-
1
6-15
7-
1
7-
1
(quar.,)
5614
—
c
3714c
1
6-15
6-15
6-10
5-31
6-
10%
5-25
1
75c
6-15
6-15
5-27
40c
(quar.i
6-14
5-31
5-27
6-14
5-31
$1.0614
6-15
6-
15c
6-15
5-25
50c
——___
6-10
6-
quar.)_____
Co.
3
3
(quar.)
35c
6-25
6-15
Louis
(quar.)—
25c
5-31
5-21
(Los
Angeles)_
Co.
Ltd
50c
+
—
(quar.)____—
(San
Bond
6-
.
1
6-
15c
35c
1
5-20
6-10
5-31
5-21
50c
——:
Fnnd
Fund
Preferred
Common
Stock
United
Aircraft
United
Carbon
United
Fruit
S
Co.
Co.
Guarantee
U
S
Lumber
S
Tobacco
7%
Co.
Co.,
Universal
—_.
(irreg.)______.
6-
6-10
7-
2
6-
4
{$1
6-
1
5-
7
Victor
6-
1
5-
7
6-
1
5-
7
6-15
6-
1
Power
&:
5-25
5-20
6-30
6-10
Warehouse
5-31
5-20
8-15
7-15
8-15
7-15
9
60c
6-30
6-
8
1
7-
1
6-13
20c
6-30
6-10
5-31
6-15
5-31
5-31
Co
50c
(quar.)
——
6-10
5-31
40c
—
7-
1
6-
$1.25
6-
1 '
5-20
$1.37%
6-
1
5-20
6
20c
______
—
6-20
6-
15c
5-25
5-19
50c
6-15
5-31
6
50c
West
{25c
6-
6-14
Cotton Co., Ltd
Baking Co., common (quar.)___
5 Vz % preferred (quar.)—
:—.—_.
75c
5-27
7-15
6-15
Wabasso
20c
6-
6-10
30c
Ward
37 %c
6-10
6-15
50c
$2.50
Light Co
Corp.
6-10
6-20
43 %c
Valley Mould & Iron Corp., common
$5.50 prior preferred (quar.)
Victor Equipment Co
Products
6-20
_______
Viking Pump Co
Visking Corp.
Utah
6-10
24c
(quar.)_!—______
common,
Products
5-31
1
6-10
6-10
6-20
55c
_______
preferred
6-10
6-20
6-20
50c
—
(quar.)—
Shares
1
$1
Company
non-cum.
—
—
(quar.)___
United Illuminating
Income Fund
U
Fund——
(quar.)__———______
United
6-
13c
Fund
Corp
-
1
6-10
18c
—
—_—
Stock
1
6-
11c
C
Union
!
6-
6-15
17c
A
Bond
6-
6-24
$1.12 Vz
25c
(quar.)
6-24
3714c
Francisco)
Inc.—
Fund
Bond
7-
{$1.75
1
1
$1.25
(initial)
Trust
Funds,
6-15
Co.—
66-
6-15
25c
of St.
Co.
Co.
75c
1
5-20
5-20
25c
dividend):
Union
6-15
6-
1
1
50c
Union
6-30
6-15
3
66-
25c
(quar.
1
6-15
6-
30c
25c
(quar.)—__—____
9
5-27
6-15
7-15
5-31*
25c
preferred
6-
5-16
1
25c
preferred
6-
1
6-30
c
20c
prior
6-11
1
1
5-23
25c
conv.
6-30
7-
c
$1.25
(quar.)_
$4.50
25c
6-
6-10
1
6-
.
$1.50
Trusteed
93 %c
6-30
$1.20
Century-Fox Film Corp.—
Common
(quar.)
Sugar
6-14
5-23
Twentieth
Union
6-30
1
6-
(quar.)
com.
Construction
&
Coal
Union
1
6-
34 %c
Co.,
common
Elevators,
6-10
7-
6-21
8114c
(quar.)_
Insurance
Toronto
Truax-Traer
6-16
7-15
5-16
„
50c
common
Electric
(quar.)__:
&
{8%c
6-15
6-
J25c
7-2
6-11
7-
6-16
25c
$1.37%
1
3
Terminal
West
Virginia
8-15
1
5-20
Westeel
37 %c
6-
1
5-20
Extra
&
(quar.)___
Products, Ltd.
__—
—
(quar.)—'
:——
—
6-16
1
5-14
6-
1
5-20
6-
1
5-20
25c
7-
1
6-15
7-
1
6-15
$50c
—
1
6-
$1.25
Paper
(quar.)__
7-15
6-
Pulp
common
7-
3c
Corp.
25c
25c
&
Disinfecting Corp.,
$5 preferred (quar.)
15c
—
6-15
7-
26 Vz
(reduced
Realty
25c
(quar.)
1
5-16
25c
common
preferred
{25c
Inc.,
Co.,
25c
(quar.)
1
7-
25c
(initial)
Sulphur
2
15c
(quar.).
1
7-
(quar.)
(stock
6-30
25c
20c
com.
6-
40c
(quar.)
Title
5-31
$1.18%
1
1
(quar.)
Co.
Service
Corp.
5-31
6-15
{$1.50
Ltd.,
6-
6-
75c
common
Insurance
6-25
6
c
45c
;
Products,
B'Gosh,
Corp.
Tishman
U
;
6-10
6-10
30c
(quar.)__
Title
6-15
6-10
Z
5-23-
6-15
10c
6-15
75c
Guaranty
6-30
12 %c
(quar.)
Products
Roofing Co.
Time, Inc., new
5-31
7-
1
10c
(quar.)______________
Inc.,
Tilo
5-31
7-
25c
1
(quar.)
6-'3
5-13
50c
6-15
6-
(quar.)
L__
preferred
$1.50
Texas
5-31
7-
6-15
Extra
7%
6-
621/2 c
20c
—
8
7-
America
preferred
Thomas Steel
1
(accum.)-
Industries
Oshkosh
6-
1
1
(quar.)_
Quarterly
Steel
of
1.12%
pfd.
Insurance
Olin
7-
7-
1
(quar.)_
Manufacturing Co.
Ontario
$2
6-
Light & Power Co., Ltd.—
(quar.)
a
preferred
Ohio Water Service Co
$1.50
25C
Oil,
6-15
5-31
414%
5-27
6-
—
6-21
6-10
6-16
1
(quar.)——
6-30
$1.25
15c
Ry.
7-
1
40c
1
Co
1
6-
Inc
Company
Telecoin
6-20
7-
—
6-
6-15
5-20
7-
7-
preferred
(quar.)—————
(quar.)
Manufacturing Co.,
preferred
6-10
14c
6-
15c
50c
—
6-15
{10c
Clothier,
(James)
Tecumseh
5-20
$1
Co.
1
5-20
—-
—
1
6-
10c
1
Telephone & Telegraph—
Mining
American
15c
:_
preferred
Georgia Power
5-31
7-
20c
—•
—
(quar.)
preferred
Class B
5-31
6-15
37 %c
6-
6-
3
7-
(quar.)
A.)
Co.
Talcott
5-25
6-15
6-10*
6-
10c
preferred series B
(quar.)
Sutherland Paper Co. (quar.)
5-31
1
6-10*
29Uc
6-15
6-
Webster,
&
1
$1.10
4'/2%
Swift
5-23
7-
$1.18%
{$1.06 V4
Inc.____:
(quar.)________
Fuller
&
(D.
Sweets
6-15
6-10
20c
(quar.)
&
Co.
Union
Newport Electric Corp. com. (quar.)—
3%%
preferred (quar.)
Niles-Bement-Pond • Co
Nineteen Hundred Corp.——
20c
preferred
Gemmer
5-31
62 %c
pfd.
————-————
(Ind.)
Gerber Products
■
A
Inc. '
Gatineau
5%%
(quar.)
Investors
Railways
5%
;
class
Co.,
Co.
Power
(quar,)
(quar.)
Kleiscr
&
Frontier
Gary
common
1
6-10
50c
Reduced
Newmont
7-
15c
Company
Nestle-Le Mur Company,
6-1
.
(quar.)
Gas
—
.
Food
1
50c
Co.
Natomas
5-20
6-15
62 Vz
,
6-10
$1
50c
Trust—
com.
Water
preferred
35c
Quarterly
5-20
20c
25c
(Increased
—
Corp.
"
,
20c
(quar.):—___
(reduced)
Corp.
(Wm. R.) Dry Goods (quar.)
Brewing Co., common (s-a)
partic. preferred (s-a)__
_
6
1
7-
20c«
(quar.)
New England
(quar.)
partic. class B
Stove
Power
A
pref.
National Cash Register Co.———
National Fire Insurance Co. (Hartford)
7-
3
5-16
f25c
—
(irreg.)——
Nash-Kelvinator
6-10
6-
5-27
+$1.12 V2
common
5-27
{30c
6-23
87 Vz c
Co.,
6-15
Stores, Ltd.—
non-cum.
—
5-16
$1
-
1
5-20
•
—
1
1
2
6-
Co.
6-21
6-
76-
6-
(s-a)_
6-30
/ 7- 1
7-15
6-14
20c
pfd.
$1
Co.—
1'
1*
$1.25
—
4%
6-15
25c
(quar.)
$5 pfd. (quar.).
Oil, Ltd., common
Class A partic, preferred
(quar.)_;
Sunbeam Corp., new com. (initial
quar.)
Sunray Oil Corp., common (quar.)___.
4>/4%
preferred series A (quar.)______
5-31
$1.50
Murphy (G. C.) Company, 4%%'pfd. (quar.)
Muskegon Piston Ring—
Muskogee Company
(quar.)
Co.—,
66-
6-15
$1.27
RR.,
pfd.
(quar.)
Strawbridge &
6-10
$1.37 Vz
Muehlebach
62 %c
&
1
6-15
$1.75
—
37 %c
I quar.i—.
Cleaning
7-
6-15
25c
I
6-15
sinking
&
1
1
7-1
(quar.)
Pacific
conv.
Stuart
3*
59 %c
French
preferred
Stone
6-10
7-
6-
$1.37 %
(quar.)__
Corp.,
preferred
Stix, Bner
5-17
$1.50
(quar,)a__—
Chemical
1
6-
1
1
$1.62 Vz
——
preference (quar.)
6-
50c
6-
7-
6-
25c
•
fund preferred (quar.)
(A. G.) Brothers (quar.)
Standard Stoker Co. (reduced)
9
5-20
6-15
{10c
Shares,
Indiana
5%
6-10
6-
75c
(quai\)__
Inc., common—1
(quar.)—,
Knitting Co., Ltd., common
Monarch
5%
—
7-15
6-30
t2c
(quar.)
&
5%
1
6-17
6-15
5c
(quar.)
Investment
Electric
6-15
6-
25c
4% preferred
(quar.)——
Service
(increased)
Birmingham
6-
1
1
6-10
1
50C
Investment
$1
1
7-
50c
_
Southwestern
•
6-10
6-10
7-
6-15
10c
prefarred
(s-a)
.L
7-
6-30
50c
Southwestern
1
25e
Co._;
5%
(Phila.)
(quar.)
Inc
preferred
4.8%
5-20
$1.50
Glass
Hosiery
6-10
5-28
•
class Ais-a)
partic.
5%
Gas,
50c
series A
California
Southern
1
Co.—
pref.
Kline
514%
6-10
6-
t25c
A
preferred
7-
'
5%
Brewing
Public
&
6-15
6-
1
75c
—
pfd.
5-31
Spalding
Ltd
.
—
preferred
6-14
$1.25
-
Ltd.
3
40c
87 %c
7-
50c
(quar.)_^
1
1
6-10
6-15
25c
Corp
Light, 7r/o
5-31
6-13
Western
conv.
Southern
5-25
I5c
;
(quar.)_
6-15
37 %c
4%* preferred (quar.)
414% preferred (quar.
5-27
$1.75
_—
(quar._)
7-
1
6-10
6-13
15c
6V2% pfd,
Telephone—
(quar.)
6-
25c
preferred
Products
Southern
6-10
6
6-30
$1.18%
•)
(quar.)
(quar.)
preferred (quar.)
Smith,
1
>
preferred
25c
(quar.).
6-
—
Mines,
preferred
7-
1
(quar. I
(s-a)
51/2%
25c
RR.— '
6-15
Hone
Minneapolis
Minneapolis
50c
——
$1.50
$3
1
1
37 V2C
Packing,
Gas
7-
$1.12%
(s-a)
preferred
•Fittings,
Miciximatic
35c
_
common
Coe & Gregg (quar.)_
Fanny Farmer Candy Shops (quar.)
Mining & Smelting Co
Fenton
8
Car
H.)
$1.50
30c
5-31
Associated
Milwaukee
1
5-24
40c
Linotype Co._
preferred
$1.50
$1.06 y4
Faber,
&
6%
1
7-
(II.
Michigan
5-20
6-14
Exploration
Consolidated
Motor
Meyer
5-20
(quar.
com.
Federal
Feltman
Meteor
8
87 %c
&
Mortgage
Mergenthalei
5-23
7-
1
6-15
$1.75
Land
Matachewan
1
7-25
{25c
(ouar.)
I quar.)■
guaranteed
Essex
6-
6-
6-
(quar.)
(interim)——.
Maple Leaf Gardens, Ltd.—
11-15
6-14
______—__
Corp.
iquar.)
Capwell Co.—.!
Co
M-
(quar.)_Z
Pittsburgh
7%
Z__
_Z—
Electrographic
Erie' &
1
6-13
6-24
6-15
com.
Title
40c
———„
common-
Works
preferred
Erie Coach
8-15
12-
1
15c
e~.
re-
I
1st pfd.
Louisiana
6-15
1
10c
deposit
pfd.. A
Machine
Oil
Emporium
7-15
9-
7-
$2
—_—
(P.) Company,
preferred (quar.)
5-19
1
40c
Dairies, Ltd.—
5%
preferred (quar.)__,
Simmons-Boardman Publishing Corp.—
5-14
7-
——
Louisville
3
12%
-
Amer.
Co.
Co.,
partic.
Paso
2
1
15c
—
(quar.)—
6%
6-
$1
(quar.)
Co.
American
Silvenvood
6-10
(quar.)_
6-
Co
Crane & Hoist
Shoe Corp. of America class A
Silverwood Dairies, Ltd., class
6-10
5-28
7-
$1.12%
(annual)———
(quar.j__Z__Z„
Brothers
$4.50
&
7%
5-14
50c
Lorillard
9
Co.—
(accum.)'
Kodak
Dorado
4
pfd.
6-15
6-15
6-
Shepard-Niles
(Tenn. )—
7%
$5.10
preferred
4V4 %
Semi-annual
1
r
__a————
6-18
6-
1
(s-a)__
7-15
35c
(quar.)
partic. preference
4%%
5-31
7_
Corp.-,
Corp.
6-28
7-
_
5-25
Co.
Lines,
Shellmar
1
25c
Co.
Tobacco,
Cup
6-
35c
Co
Leather
Myers
6-10
$1.12%
Lincoln Building Corp.
(N. Y.)—
Little Schuylkill Navigation RR. & Coal Co.—
{15c
&
______________
Ltd.
Corp.
Easy Washing
El
Rubber
C.)
1
{15c
(quar.)—
preferred B
Edison
B.)
(A.
(reduced)
6-15
& Electric—
pfd.
Lock
Selected
1
$1.50
(quar,)—_
Casualty Insurance Co.
6-
"
6$
(I.
6-
$1.50
(quar.)———
com.
6-10
25c
5-15
$2.50
Products
States
Eastman
&
preferred
6-18
{$1.75
—
Eastern
preferred
5-25
(quar.)
Canadian
4%
3
{15c
———_
1
6-15
{50c
Common
6-16
(quar.
6-
{15c
1
ordinary,
Co.
1
6-
$1.50
G
1st
Second
5-24
1
30c
Lily-Tulip
3%
for
Bonus
V-
6-
1
(quar.)—__
2
6-
6-15
{1%C
accum.)
Corp
Co., common.—________
Paper
Seatrain
6-15
1
6V4c
Liggett &
50c
7-
7-
(quar.)
com.
Gas
Regis
Schlage
5-31
6-
(interim)-—
6-15
1
6-15
15c
6-15
50c
!
*
Nemours
Co.,
Rubber
ceipts
Life
37 %c
(quar.)
com.
(quar.)
preferred
Dunlop
.
_
Ltd.,
,___
preferred
non-cum.
Lawrence
1
5-20
30c
:(reduced)_________
de
Common ' (interim
$4.50
•
$6
Kleinert
'
I.I
Ltd.
Gas
6-
6-15
{50c
(quar.)_
Saudi Arabian Mining
Syndicate, Ltd.__+.
5-21
6-20
(quar.)_——
Wire
St.
5-21
25c
6-30
•
Ltd. -(quar.)— ——___
Co.
(E.
&
2nd
30c
________
(quar.i
_
Pont
6-
1
Steel
50c
.i.
(quar.i
Industries,
Quarterly
6-15
preferred
conv.
conv.
*
Co.
preferred
6-15
6-
Mines,
&
1
6-27
30c
12 %c
Rotary Electric Steel Co.
5-21
1
{50c
—
Inc.' (quar.)_
Kinney Manufacturing Co.,
5-31
2
1
$1.12%
Industries,
Lima-Hamilton
_
Corp.
Dover
4%
5-21
6-15
1
6-
6-
12 %c
(quar.)
Kimberly-Clark Corp., common (quar.)_____
4 Vz %
preferred (quar.)——
2
6-15
7-
6-
$3
$1.12%
6-30
12 %c
Co.
Textile
(quar.)^_;
commpn
Gold
25c
<quar.)
$3
(quar.)_i—„
pfd.
(initial)
Rolland Paper Co., Ltd.,
4% %
2
$3
———
2
(H.
pfd.
4.40%
,
Keyes Fibre, 6% prior preferred
$6 preferred (accum.)
6-15
,
6-
3
6-
preferred
4%%.
5-31
6-10
1
6-
5-31
80c
6-
6-10
6-23
50C
6%
pfd.
convertible
Rochester
Co.—
(s-a)
Ltd.
2
6-10
10c
Inc.—
iquar.i
5-31
7-
6-13
25c
com.
(quar.)
A (quar.)
1_
H.) Company (quar.)_
Robertshaw-Fulton Controls, com. iquar.)_»f|i»
4%% convertible preferred (quar.)__,
$4
5-31
—
(quar.)
Organization,
25c
{25c
Welder
Robertson
5-31
2
2
40c
$2.50
-
2
77-
Xl'/4%
(s-a)
C
common
Quarterly
laccum.)
(quar.)—___________
Stores
——_
Detroit
du
$1
'
Corp.
Corp.
Driver-Harris
{$2
.
_
-
A
Chemical
Stores
1
common;
Deep Rock Oil
Dominion
6-
Inc.
Edison
7-
{$1.751
xl%%
Xlt/4%
:——,—
5-31
5-27
Co._
Inc.
Metals
.
5-20
6-30
6-11
Riegel Textile Corp.,
5-31
——
$2
Bit
Insurance
Reynolds
4
75c
__
—
Electric
Inc.
Resistance
5-20
2
$1.25
5'a
class
Fisher
&
Davison
7%
$1.50
_'
25c
preferred A
Cutler-Hammer,
1
6-
1
7-
62 %c
icuar.)——
preferred
Kent-Moore
9-20
7-
6-22
7-
$1
;.
Corp.,
non-cum.
Diana
90c
$1.12%
(quar.)_L
Industries,
convertible
Curtiss-Wright
1
7-
3
$4.50
America—
Co.,
6-
—
Csnnda,
6-
Keystone
(quar.)
Tobacco
10c
{25c
6-20
6-
{10c
(quar. i
Ltd
Light
Bros.,
Reliance
5-27
(quar.)——_————_
Company,
6-15
Y,—
(quav.j—.—
(Toronto)
of
of
25c
Coip.
Co.
preferred
Ltd
Industries, Inc. $4.75 pfd.
Roller
Reeves
5-31
6-10
(s-a)
ptefeircd
Company,
{3c
Bay Lumber
Crucible
Drug
75c
Co.
pfd.
6-15
30c
(quar.)_
Ry.
preferred B
non-cum.
$4.50
-
Stores
37 %c
6-30
(quar.)__-
Reed
1
(quar.)__
——
Gulf
&
preferred A
non-cum
6-
6-10
25c
Inc.
5 Vz %
Kansas,
3
6-15
6-10
1
$1.50
Rayonier,
6-15
6-15
1
7-
)
& Norristown RR.
M*
Raybestos-Manhattan,
5-20
5-31
7-
7-15
7-15
5-31
6-10
6-10
9
10c
5-31
Oklahoma
5-
lquar.)_
6-10
6-
Service
1
(quar.)„
$1
Electric
5-24
7-
Corp.—
Dome Mines, Ltd.
Paper, Ltd. 4% pfd. (quar.)
Provincial
Public
Publicker
5-31
25c
$1.12%
—
East
6-17
6-17
6-10
6-10
5-31
6-15
(quar.)
Co.,
6-30
1
1
30c
__:
Preston
5-27
7-
6-15
{40c
River
Extra
6-14
50c
—
(interim)
Mines,
Co.
6-30
7-
7
25c
(quar.)_-
Company (increased)
& Alexander, Inc.
(reduced)
Powell
7
6-
(quar.)
preference
6-
6-
(quar.)_——
(quar.)—
preference
30c
6-17
6-15
com.
5%.
1
6-20
50c
5% preference D (quar.)
Johns-Manville Corp.
—;
Joy Manufacturing (quar.)———,
(quar.)———.
Naval
Co.
Ltd.,
1%
7"
.___
C
Service,
7%
$1.50
(quar.)—
preferred
Engraving
Public
6
____
6-20
1
quar.)
6
1
1
6-30
{60c
—
preferred
7-
6-
7-
6-
40c
r
Gas, Electric Light & Power
Baltimore, common (quar.)—
2_
preferred B (quar.)
_!
of
4%
6%
(reduced
7-
Consolidated
4%%
Shoe,
Oliver
6-10
10c
Potter
6-15
interest
1
10c
5-23
6
Boston—
beneficial
1
4—--
Plymouth Oil
5-31
6-
50c
(quar.)—
8-
-_1—______
of
of
of
(John)
&
Jamaica
6-15
6-30
Trust
Certificates
10c
(qua.r.)___
5-28
6-20
35c
3
Power—
.
6-30
,
6-15
9
plus
(quar.)
Pittsburgh Consolidation Coal Co.
Pittsburgh Forgir.gs Co.__
Pittsburgh Metallurgical Co
Placer Development, Ltd. (s-a)
6-24
{37 %c
(s-a)__
!
Mills
Gold
6-30
$5
:
pfd.
3
(quar.)
3
Crow
$1.50
(quar.)
6'/<•
8-
35c
Pickle
15c
—
—
6-
(quar.)
preferred (quar.)
Consolidated
Edison
Co.
preferred
6-15
6-15
Hosiery
Trading
class A
15c
.
40c
$5
G-30
$1.50
6-
&
$1 partic,
6-20
1
1
6-
redemp¬
share
(quar.)
Philadelphia, Germantown
Quarterly
Ltd.—
6-
com!non_—
preferred
Interstate
53 %c
6-15
7-
6-
7-
40c
common
Public
6-15
(quar.)i—j_——
Publications
Mines;
Connecticut
Light
Connohio.
5-2bf
for
per
Ltd.
preferred,
30c
(s-a)
6-10
________
Coniaurum
preferred
$100
Company,
Petroleum
6-15
$2
6-15
___________
6-
Milk
50c
:
25c
(quar.)
1
2
50c
$1.25
com.
77-
12 %c
1.12%
Z
,
1
56V4c
(quar.)
Co.
Ltd.,
Ford,
$3.50
———
30c
.
$1
75c
—
30c
(quar.)
(quar.)
preferred
preferred
Paints,
62 %c
:
com.
8
{50c
(quar.)
(liquidating)
Harvester
International
Jahn
(quar.
Co., common—_________
$6 preferred B-(quar.)_^__—
Commonwealth Title Co. iPhila.) —
Conde
partic.
Internationa!
4
$47
Ice
Common
7
4
6-
25c
preferred
Colonial
76-
30c
;
Cleveland Graphite Bronze
Co.,
5%
preferred
iquar.i—z
Coleman
1
SI
__
Co.,
8
;—
Powders,
6-25
at
Powdrell
(s-a)——
6-25
$1
(quar.)
common
50c
—____——Z
pfd.
preferred
Investors
International
7
5'fa
(quar.)_-—___;
-
6-
———
preferred (quar.)_—
4%
&
4 Vz %
Illinois Central RR. Leased Lines—
Co.—
.
5-27
7-
—
&
Humphreys Mfg. Co.,
5-20
$1
City Products Corp. (quar.)„
City'Stores Co., com, iquar.)_;
6-20
—
Co.—
Iquqr.)
25c
Pet
7
(quar.)—..
common
Co., Inc
Homestake Mining Co
3
6-
convertible
9th
(J. C.)
Company (quar.)
Pennsylvania-Dixie Cement Corp.
Pennsylvania Salt Mlg. Co.
*
$2.25
June
6-20
50c
97c
above. dividend.
Penick
7
non-cum.
Rapid Transit, 6%
Houdaille-Heishey Corp.—
6-10
—
$1.75
Electric
6-
6-
{20c
Honolulu
Atlantic
011
the
6-10
6-30
{30c
6-30
6-15
2
,
7-15
6-20
7-
6-30
—
Hershey
5-11
(quar.),_
(quar. I
&
—
5-20
5-14
&
tion
6-10
25c
6-23
1
2
$1.06 V*
—-
.7-20
1
7-
$1.75
——
1
6-
"
40c
_
——
1
6-
Chicago Mill & Lumber Co. <qunr.)__v
Chicago Rivet & Machine Co. • iquar.)__—%_
Christiana Securities,
common
Gas
(quar.)
common
6
2c
$1.50
-
Penney
8-
50c
___.
preferred
5-31
Ltd
20c
7%
6-30
6-
$1.12%
—
Co.—
(quar.')__--—,
r:__—
3%%
conv. preferred
(quar.)__-s-_:-—-s.
Chesebrough Mfg. Co. (Consolidated) (quar.)
Cincinnati
{75c
—
7-
2 Vz c
A.
6-14
$1
Common
class
6-30
$2
preferred (quaiv).-—
Chesapeake & Ohio Railway
$2
$1.25
50 c
•'4%
•
2
Tobacco, $4 prior pfd. (quar.)_.
preferred (quar.)—-—*
Hein-Werner
Corp
——1
2 Vz c
RR.
6
Co., Ltd., common—
Participating preferred (s-a)
Creamery Co.,
preferred (s-a)
pfd. (quar.)—
Telegraph Co. (s-a)
45
When
Holdert
Payable of Rec.
Share
6%
Lighting $5 pfd
All unexchanged shares called
6-14
Hartman
(qnai.)_
Chicago & Eastern Illinois
66-
6-30
Brass
Harding Carpets,
Co.
Pacific
6-14
common
1
15c
(quar.)__
Pacific
$1
(quar.)—
6-30
1%
1
6-15
6-16
25c
——
4«Ar/<-
$3
6-
6-30
.—
6-30
1
Elevator
6-10
common
preferred (quaix)
Grinnell Corporation
Works- iqUar. i-
A
preferred
preferred
Greyhound Corp.,
6-10
Otis
25c
(quar.)
7 %
6-10
2
Per
Name of Company
1
Saddlery Co., Ltd.—
2nd
Great
6-10
7-
West
Q%
6-10
2
preferred
Great
Ltd.—
—
Warehouse
preferred
$5
6-
$1.50
—,
{43%c
Natural
Chatham Mfg., class
Class B (quar.)
2
7-
_______
&;
2
{15c
Telegraph Co. (quar.)
Paper Co., common
preferred (quar.)____
-rCarrier Corp., 4%
preferred (quar.)
Carson, Pirie & Scott, 4%% pfd. (quar.)__
Steel
6-10
7-
4%
Central
7-
{15c
(quar.)
Carpenter
Machine
5-31
8
Holdert
6-10
20c
Tubes
Globe-Union, Inc.- (quar.)
Goodrich (S. F.) Company,
5-31
6-15
Steel
When
(2249)
Payable of Rec.
20c
— ——
—,
{35c
preferred
preferred
fquar.)__^
Carolina Telephone
Central
6-
(quar.)
preferred (s-a)
Globe
5-14
6-28
7-
common-
4%
Detroit
1
6'/o
1
class A
'{25c
Ltd.,
(quar.
preferred (quar.
Western
6-
{10c
(quar.)
Per
6-15
6-15
{25c
—
convertible
Central
6-
{31'Ac
—
Celanese,
Canadian
1
6-20
CHRONICLE
Share
Glenmore Distilleries,
.Class B (quar.);
5-23
{50c
preferred
"'•$1.75
7-
{5c
(quar.)
convertible-preferred
non-cum
$1
1
t$i
(quar.)—
Participating
Canadian
6-
FINANCIAL
Name of Company
6-10
{25c
(quar.)
—
Ltd.,
1st
preferred
Paiticipating '
<
Ltd., cla3s A
1
i25c
Flooring, Ltd., class A (quar.)_.,,_L.~
Machinery Corp., Ltd. (s-a)Z____—
Canada
7-
&
Holder1
Payable of Rec.
$ 15c
--
Canada
When
COMMERCIAL
6-15
5-25
$25c
6-15
5-25
46
When
Per
Share
Name of Company
6-
l
1
5-20
7-
1
6-15
25c
7-15
5%
Co.
Oil
Wood
25c
preferred
convertible
5%
Steel
(Alan)
25c
5-20
31V4C
5-20
Atlas
(quar.)
pfd.
5%
Co.,
6-15
Atlas
common..
(quar.)
$1.25
—
preferred
prior
Corporation
Tack
$2.50
5-31
6-30
6-15
15c
(s-a)—
A
Youngstown Steel Car (quar.)—___
6-16
if 20c
6-15
6-
Class
6
give the dividends announded in previous
weeks and not yet paid. The list does not
dends announced this week, these being
include divi¬
given in the
Per
Name
Share
of Company
A partic.
Holdert
When
Payable of Reo,
preferred (quar.)—
Steel
Co.
2
5-20
1
5-14
6%
€-13
5-23
Barber
6-15
5-23
Barber-Ellis,
———
—___'
preferred
25c
25c
Gas
Allied
ZVaM
1
6-151
25c
1
6-15
7-20
6-20
preferred
4 V>
preferred
Amerex Holding
(quar.)
•
4
9-
8-
1
1
1
5-20
—
H
5-15
$1.25
5-31
5-16
25c
5-31
40c
6-15
6-
3
$1.25
6-15
6-
3
50c
6-10
5-25
6-10
5-25
6-
1
5-20
6-15
5-31
1
Board
American'Box
Chain
American
(reduced)——
Co.
Cable
&
Co.,
common—
convertible preferred (quar.)
Chicle Co. (quar.)—--
5%
America!
Socket Co.
American
Forging
&
American
Fork
Hoe
$2.50 conv.
$3
Fruit
American
6-
1
6-
1
Inc.—
7-
8
Hide
Class
6-15
7-
1
6-
50c
6-
1
6-
50c
Bower
5-10
Brazilian
5-10
Products
Home
75c
6-10
5-31*
10c
6-
5-13*
6-
37 %c
—
1
1
5-16
31 '/4c
7-
1
7-
1
5V
31'Ac
7-
1
6-15
American Machine
& Foundry
American
—
25c
Co.,
4%%
preferred
preferred
American Meter Co.,
4%%
6-10
20c
Ltd., common——
(quar.)—
(quar.)
—
Co..-
News
Inc
&
...
Chemical,
1%)
! 6-
1
Radiator
&
common
Corp.,
1
8-22
$1
6-15
5-19
25c
7-15
7-
5
Standard
6-15
6-
1
Brown
6-15
6-
1
$1
6-15
6-
1
$1.25
6-20
6-10
6-24.
6-
6-
5-20
1
12 %c
5-31
5-28
5-
5-28
5-
$5
7
7
—
Co., $3 preferred$0.61826
Participating
—
75C
Smelting & Refining Co., corn60C
American Steel Foundries
(quar.)
6
5-
Buck
6
75c
6-1
5-10
75C
7-
1
6-14
$2.25
7-
1
6-14
(quar.)
common
(s-a)_
preferred (s-a)
Ampco Metal, 6% conv preferred (s-a)_____
Anchor Post Products 6% preferred (quar.)
6%
preferred (quar.)—
6%
preferred (quar.)__—
.
;___
Anglo-Canadian Telephone, class A (quar.)..
Anglo-Newfoundland Development Co., Ltd._
,
——
7-
Arcade
Cotton
30c
6-
1
1
(quar.)
preferred < s-a)
Arden
Farms
Co., $3
1
Corp.,
Argus
6-
1
7-
8
6-
25c
6-
1
Ltd.,
6-30
6-23
6-30
6-23
6-1
$3
5-20
75c
6-
1
5-10
20c
—
(quar.)
6-15
5-16
$15c
6-
1
4-29
$$1.12%
6-
1
4-29
$1.25
7-
1
6-15
$1.25
10-
common
convertible
Edison
Arizona
preferred
(quar.)
Co.,
$5 preferred (quar.)
$5 preferred (quar.)
.
:
._!
Armco Steel Corp
-62%c
40c
Cork Co., common
(4% preferred (quar.)
3.75% preferred (quar.)
Armstrong
Aro
Equipment,
Artloom* Carpet
$1
93
—
Class
A
Aspinook
1st
preferred
Coast
Lines
Line
9
5-
9
$75c
5-31
5-
5
$38c
75c
17Vic
27Vic
$1.25
$1,12% V;
5-31
5-31
6- 1
6- 1
6- 1
7- 1
5-
4%% preferred (quar.)
—
Cascades
Plywood Corp., common (quar.)—
3 % % preferred (quar.)————
—.
Case (J. I.) Co., common (quar.)——
7%
preferred (quar.)
Catawissa Railroad
preferred
1st
5%
preferred
2nd
Food
Catelli
Common
5%
(s-a>
issue (s-a)
issue
._—
—
(increased s-a)———________—
(s-a)
!.
!——
Arizona Light
(quar.)
& Power Co.,
com.—
Central
preferred
(quar.)—,
Foundry Co., 5% pfd. (quar.)______
Central
Illinois Light Co.,
Central
Illinois Public Service
$1.10
4%
preferred
Ohio
Central
3.6%
&
Public
preferred
Ribbon
Belt
Chain
Die
(quar.)
Machine—
&
Forge Company
Fund, Ltd.__
Hill
Mining
(quar.)
(F.)
&
5-10
1
5-13
$1.50
6-
1
5-13
$1.75
6-1
5-13
1
5-13
7-30
7-15
5-16
5-16
!
7%
Charis
Manufacturing
Co—
Mills,
Inc.
6-18
85c
40c
90c
15c
20c
6- 1
7-15
$1.04
15c
(quar.)
6-
8
6-
1
40c
5-25
5-10
50c
6-1
5-13
—
$1.12%
1
6-13
___
—
Transit,
preferred
6%
Chicago,
Rock Island
Common
5%
(quar.l
75c
$1.25
25c
Oil
Cotton
Common,
(quar.)_______
(quar.)
—
(quar.)
Copper Co.——______
Chrysler
Corporation
4%
preferred
;
—
—
Inter-Terminal
Cincinnati
7-15
10-14
5-27
6-14
8- 1
7-20
RR.
Co.,
5%
preferred (quar.)—
Service Co. (quar.)—
City Auto Stamping Co.—
City Investing Co., 5%% pfd. (quar.)—
City Water Co. of Chattanooga—
5-10
5-10
6- 1
9-1
6-20
8-13
6- 1
5-23
7%
guaranteed
Clinton
Club
Chemical
—
5-16
6- 1
Coca-Cola
Class
Coca-Cola
$3
Company,
class
A
6-20
5-27
Cochenour
6-10
5-27
Coekshutt Plow Co.
6-15
6- 1
6-15
6- 7
,6- 1
5-20
5-17
5-17
Collins
5-26
5-16
5-25
6- 1
5-13
5-16
Ltd-
Aikman
6-15
6-15
1
6-15
6-
3
6-
1
Co.,
Foundries
Class
Canada
A
Sugar Co., Ltd.—
& Forgings, Ltd.—
(quar.)__
Malting Co., Ltd
Canada North West Land Co.,
5-20
5-14
6-1
(special)-
$1
5-23
5- 9
Milling & Elevator Co. (quar.)—
Columbia Broadcasting System, Inc., class' A
37'/2c
6-
1
5-16
35c
6-
3
5-20
35c
6-
3
5-20
50c
6-10
5-12
25c
6-25
6-10
15c
preferred
conv.
Colorado
Fuel
&
r
(quar.)
..."
(quar.)
Iron
Corp.,
com.
Colorado
$$1
Canada
Vinegars, Ltd.
6-15
5-17
Canadian
Breweries,
30c
6-10
6-
Canadian
Car
$1.50
6-
1
5-11
Common
25C
6-
6
5-25
Class
$2
6-13
5-18
Canadian
$1
6-13
5-18
6%
4%%
A
:
Ltd.
pfd.
!—
(quar.)—_ $$1.12%
-•
(quar.)————_
Foundry Co.,
&
Cottons,
preferred
Ltd.,
$20c
$50c
$20c
$25c
a.
common
(quar.)—
——————————
Carbon
Co.
Shearing
Commonwealth Life
(quar.)—
Stamping
&
Insurance
Co.
$6
'
preferred
$5
Mills
5-31
7-
1
6-10
$1.25
6-
1
5-15
50c
6-15
5-25
40c
Telephone
preferred
6-15
$1.50
6-
(Del.)—
(accum.)——
Commonwealth
Co.—.
(quar.)—
1
5-16
$$1.50
6-15
6-10
Corp
Quarterly
Special
Life
Association
(Toronto)
—
——
$$12
6-15
6-10
37%c
6-15
6-
56'Ac
6-
1
5-16
l
6-1
5-16
-—_•
Inc.
Co.
5-26
Connecticut
River
6-20
6- 1
5-20
5-14
Consolidated
6-15
6-15
5-28
(quar.)
(quar.)
Power,
Coal
Co.
6-1
6-1
6- 1
7-1
4-30
5-13
5-16
5-31
5-23
5-23
5- 2
5- 2
6%
pfd.
(quar.)_
(quar.)
$1.50
$1
Edison Co. of N. Y.—
Consolidated Gas Utilities Corp. (quar.)
5%
preferred
Consolidated
Consolidated
Corp.,
(quar.)
Laundries
Paper
common
40c
(quar.)
Retail
Consolidated Water Power & Paper Co
Consumers Power Co.. common (quar.)
$70c
7- 2
6-,l
$4:50 preferred
7-2
6-1
$4.52
preferred
(quar.)
6-15
6-25
6-15
6-
1
5-16
6-
1
5-21
30c
7- 1
7- 1
6-15
53c
$15c
6- 1
-
6-15
5-16
I50o
6-1
5-16
$12c
6- 1
5-26
5-20
5-
40c
(quar.)
$30c
6-25
—
5-25
25c
25c
(quar,)
preferred
—
25c
$1.25
5-14
5-13
6-15
6-15
1
*
Co.
(quar.)—
6-
15c
Stores, common (quar.)
(quar.)
£,
Consolidated Textile Mills/Ltd. (initial)
:
New
$1
preferred
(initial)
(s-a)
Consolidated Theatres, Ltd., class A (quar.)
4V4%
5-9
(Ky.)—
Quarterly
Commonwealth & Southern Corp.
Power
Ltd.—
(quar.)
(quar.)-—
B
Columbian
Consolidated
Liquidating
Canada Safeway Ltd.,
Class
_
Congoleum-Nairn,
Ltd.—
5-20
25c
5%
Consolidated Grocers
—
—
5-20
I
5-20
Consolidated
Dominion
1
6-
1
Connecticut
Ltd.—
(increased quar.)—,——
preferred
6-14
6-
50c
50c
1
$37V2c
450c
Cement
&
6-30
25c
87%c
1
$32%c
$25c
6V4%
Canada
2
6-
6-10
(quar.)_
5-
6-
50c
com.
5-16
8-1
9-1
6-
5-25
5-10
(quar.)
Co.,
6-15
1
(quar.)—
common
6-15
6- 1
Power
1
45c
Central Power,
15c
15c
Mills Co.
7-
62%c
5%
Confederation
———
10- 7
5-2
5-18
5-4
5-23
7-
______—
8-15
6-30
5-20
—
.______________r__
5-25
1
20c
Corp
Stores, Inc., common
preferred (quar.)
preferred (quar.)—
Commercial
pref.
6-16
6-10
$4c
Colgate-Palmolive-Peet Co.—
$3.50
preferred
(quar.)—
9-15
7-30
6-14
Ltd.—
(participating)
pref. (participating)
Co.,
A
5-16
1
6-
$20c
Cone
$1
5-10
1
7-
Community Public Service Co
87-VaC
1
7-
7-1
—l—
5-14
—_—_
6-
$1.50
—
(quar—
6-15
Class
(quar.)_——_:—
5-10
6r
$1!'
common
Colonial
Gold Mines,
7- 8
.10- 7
7-7
&
Burns
preferred
(quar.)
6-1©
1
50c
Quarterly
7-28
10-28
7-28
10-28
6-10
5-31
6-1
2nd
5-15
7- 1
6-
•
$7.50
——
Corp.,
$30c
Class A
—
>,•
$30c
Class B (quar.)—
$30c
Class B (quar.)
430c
Burroughs Adding Machine Co. (quar.)—__
20c
Burton-Dixie Corp.
(quar.)— _—
30c
Butler Brothers, 4V2% preferred (quar.)—
$1.121/2
Butterfly Hosiery Co. Ltd., com. (quar.)_i.—
$25c
Common
(quar.)
_—
* $25c
7% preferred (s-a)
$$3.50
Byers (A. M.) Company (quar.)—.
——
25c
con.v.
preferred
6-15
1
$3
(s-a)
6-10
4%
12-15
6-
15c
quar.)—
Co.—
(s-aI
&
6-15
6-30
50c
—
common————
International
A
1
12-31
87%c
20c
20c
(increased
Products
6-
5-27
$1.12% %
(monthly)-
Co.
Aluminum
5-27
»
Monthly
Clorox
6-14
6-15
25c
(quar.)——
Industries
5-11
4%
preferred
(quar.)———
Cleveland 8s' Pittsburgh RR.—
(quar.)—
6-17
1
6-
4%
$4.50
special
5-15
5-27
7- 1
$1.25
30c
50c
$1.25
——————
Clearing Machine Corp. (quar.)—Cleveland Electric Illuminating Co.—
4%
8
5-20.
1
40c
$1.37%
Controller Co.
(quar.)-—-——_—
Equipment Co., common (quar.)——
preferred (quar.)
——
Multiplier Corp. (stock dividend)—
dividend
8
9-
6-1
6-
$1 25
50c
preferred (quar.)—
Stock
6-
5-10
Pacific
Cities
5%
5-20
$1.25
preferred (quar.)——__—
Cincinnati, New Orleans & Texas
5% preferred (quar.)
Clark
6-15
6-15
$1
35c
common—
4%
Clark
5-15
Co.—
(s-a)———
Cincinnati Milling Machine
5%
6-15
5-27
.
Common
Chile
5-17
5-20
RR.—
Chicago
Chickasha
6-30
6-30
6- 1
25c
25c
75c
51.25
—.
——_
preferred series A
Yellow Cab Co.
6- 1
6-1
6- 1
6-28
6- 1
6- 6
$1.50
(quar.)__
Corp._______
Pacific
&
5-23
$3
75c
$1.50
——
——
5-6
5- 6
5- 6
4%
7-
$3.50
20c
$2
_——
5-6
3y2%
1
5-14'
common——
6- 1
6-1
6- 1
1
5-10
7-
1
4-29
——
6-1
(quar.)
6-
7- 1
6-15
(quar.)_
87V2C
preferred
6
5-16
6-10
5-31
——
37V2C
Mill^ Corp., common (quar.)__—
3%%
5-
6-20
Chicago Medical Arts Building
6-15
5-9
5-10
6
6-30
Chicago, Burlington & Quincy RR.____
Chicago Corporation,, $3 preferred (quar.)
6-15
6-1
6-3
5-
5-16
(quar.)
Corporation
Charleston
6-15
6-15
25 c
50c
5
5-14
6-30
(quar.)—
——_——
preferred (s-a)_
$30c
$7V/2c
7- 1
6-11
Chapman Valve Manufacturing Co.—
Colorado
—!,
:
10%
1
5-18
1
Concen¬
Canada
6-
%
—
^
Sullivan
&
1
40c
A
—
——
6-
6-
1
6-
6-20
6-11
Service—
(quar.)
Co
preferred
5-31
5-31
—
Champion Paper & Fibre Co.,
$4.50
pfd.
(quar.)_^
Vermont
5-16-
5-13
30c
common.
(quar.)———————
South West Corp. (quar.)—
Central
Century
(quar.)
Co.
Central
11-15
$1
Co.,
Light & Power, com.
Paper
4.15%,
pfd.
(quar.) i____
3.40%
preferred
Central
4% %
York Power,
Central New
8-15
Ltd.—
Products,
preferred
5-12
5-15
Cc.—
5 %
20c
15c
$1.25
preferred
Campbell Wyant & Cannon Foundry Co
6-15
(quar;)
(Conn.)—
Line Co.—
Company (The) common
Canada
(quar.)-
Co.
5-
(quar.)
30c
Pipe
1
1
RR., common
5-23
5-23
preferred
$1.25
35c
———
6-
7-
Ltd.—
Ordinary registered (final)—..
.Associated Spring Corp. (quar.)
Atchison Topeka & Santa Fe Ry. (quar.)
A they Products Corp.
Coast
75c
75C
6%
Carman & Company,
Carrier Corporation
45c
20c
(s-a)
6-15
25c
2nd preferred (quar.)_Associated Electrical Industries,
Atlantic
Oil Co.
Electric
$15c
v
—
Cotton
:
7%
Atlantic
6- 1
6- 1
9- 1
12- l
6- 1
6- 1
6-10
7- 1
7- 1
7- 1
Ltd.
Co.—
(quar.)
2c
(quar.)
(Los Angeles)
California
5-23
common
(quar.)
com.
California
5-20
Dry Goods,
$37c
37Vic
37 %c
$1.06V4
25c
25c
585/sc
40c
$1.75
preferred
25c
—
Co.,
9
1
6r30
5-10
5- 9
5-20
5-16
5-20
6-15
37%c
6%
$7V'2C
-
—
5-
1
!
(qu^ir.)—
5-18
6-15
,,
6- 2
6-
90c.
(quar.)—
9-15
6-
Corp.
Associated
6%
(quar.)
%c
8- 1
6-1
6- 1
6-10
6- 1
,■ ;
30c
1
6-
—
7- 8
25c
1
25c
(quar.)
((quar.)
Ashdown (J; H.) Hardware, Ltd.—'
6-2
common
6-
56'Ac
preferred
7-8
5-20
1
$1.50 conv. preferred (quar.)
Capwell, Sullivan & Furth 6% pfd. (quar.)_
Clary
6-15
Inc.
4%%
Co.,
Creek
Burlington
4-22
$1
lOd
Ltd.—
5-25
6-
7-15
,10c
preferred
Burkart
1
J
4%%
1
7-15
7-2
7- 2
(quar.)
<-
______:
trating
5-10
$$1
50c
(quar.)
6-
V. lOd
(s-a)- ——415c
(quar.).!
$1.10-
Bunker
1-21
$15c
—
pfd.
4-29
5-16
7- 1
6-7
6-7
Co
Co.,
preferred
Buffalo
10-22
1-31-50
11-
$1.50
;
partic.
1
6-15
__—
Bullock
•
Archer-Daniels-Midland
Argo Oil Corp.
$5
Buell
7-22
Mills
Common
6%
Budd
5-21
8-
—
—
1
$1.50
-
Anheuser-BUsch, Inc.
6-
40c
93%c
t25c
Extra
5-25
Company,
6-20
4-29
5-24
5-13
6- 1
6- 7
—$0.234375
Ltd., com.
Brunswig Drug Co.
1
5-31
6-15
—
$4.50
Rubber
Buckeye
American
Amoskeag
Co.,
Brunswick-Balke-Collender
American Service
American Tobacco Co.
Oil
Mills, Ltd., class A
Class B (quar.)_
5-13
25c
(quar.)—.—
Corp.
(quar.)
Co.
5-25
6- 2
5-25
75c
—
registered
Shoe
$3.60
3
25c
Seating
5-11
50c
$3
(quar.)
com.
Co.—
Extra
25c
$1.75
-
.
6- 1
Light & Power Co., Ltd.
Bruck
Sanitary
—
7%
preferred (quar.)
American Safety Razor
American
Rubber,
preferred
Brown
37 %c
__—
class A
—
5-20
Brooklyn Boro Gas, 4.40% pfd.
Brooklyn Union Gas Co
——25c
Brown & Bigelow, common (quar.)—
25c
Brown Company,
$6 preferred (accum.)—
$1.50
5-21
9-
preferred series
American
,7-15
1
6-
(final)
British Columbia Forest Products, Ltd.
5-21
1
$1.12 Va
A (quar.)————!—.
American President Lines, 5% pfd. (quar.)„
$4
Bearing
American
Ordinary
5-31
6i
$1.12%.
f
.
(bi-monthly)
Company
Potash
&
—
37 %c
American
-.American
Hose
(quar.)__
(quar.)—.
British-American Tobacco Co.,
Ordinary (final)
6-15
(quar.)—-—
preference (quar.)——
——_
preference (quar.)
—
Metal
Trust
Traction,
3%%
6-15
28'Ac
preference A
7-29
jt.
$2
<s-a)
Bristol-Myers Co., common (quar.)
3%% preferred (quar.)_„
British
(quar.)
conv.
—
6- 1
6-15
6- 1
6- 1
6- 1
5-16
6- 9
6- 1
—
——
4Va%
$1.25
America
of
Semi-annual
Investment Co. of Illinois—
Common
$1
6-23
6-12
6-15
6- 1
7-29
5-13
5-13
5-23
6- 1
5-20
5-20
5-20
6-1
6- 1
5-16
5-18
7-15
1
t$l
Estate
Roller
5-10
(quar.)(monthly)—
American
——
(quar.)
Woven
1
pfd.
American
—
preferred (s-a)
6-1
75c
6%
Fund
Real
6%
6-20
6-
$1.25
$1.50
30c
$1.05
$1.35
30c
$1.06y4
^25c
15c
—
Boston
3
1
7-
60c
$1.50
Company (interim quar.)—!
Boston
62 %c
$2 preferred (quar.)
Leather,
B
Borden
5-11
$1.18%
—
(quar.)_
com.
(quar.)———
Investment Trust
,
16c
50c
:—_—
Company (quar.)
Blumenthal (Sidney)
& Co. (quar.)
Bon Ami, class A (quar.)
Bond
6-20
6-20
5- 9
6-3
6-20
:
60c
(quar.)__—
Blaw-Knox
Boston
(quar.)———--—
&
preferred
5-14
40c
Hills
4.25%
5-14
6-1
50c
Black, Sivalls & Bryson, Inc.,
Co.—
(quar.)—
preferred
(quar.)_
Co.
Power & Light, com.
preferred (quar.)
5.40%
preferred
(quar.)
6-24
;
60c
$1.75
50c
common—____—
$4.20
5-10
25c
Black
5-10
75c
(increased quar.)-
American General Corp.,
$3 preferred (quar.)
Amerian
62 %c
(quar.)————
Growers,
preferred
$2.50
30c
Co., common——
& Electric
Gas
Common
12 %c
(quar.)
preferred (quar.)
preferred
conv.
American
4%%
&
preferred
Manufacturing
7- 1
7-1
6- 1
7- 1
7- 1
50c
50c
—
Corp.,
(quar.)
_
Corp.—
preferred (initial quar.)—
5%
Steel
Bigelow-Sanford Carpet, common (quar.).—
6% preferred (quar.)
Bird & Son, 5% preferred (quar.)—!___—
Birmingham Water Works, 6% pfd. (quar.)
5-14
CD
American Bosch
New
Bibb
5-16
6-
40C
Hedges, $2
Extra
6-
$1.25
quarterly
$3
50c
35c
(s-a)
(irreg.)—,
preferred (quar.)__
7%
3
25c
Increased*
preferred
Fine
Bethelehem
5-17
6-10
&
$6
conv. pref. (quar.)
Spinning Associates (quar.)_
Bessemer Limestone & Cement Co.—
9
5-
87 %C
(quar.)_
—
Louis)
5-
6-1
70c
Corp.,
Common
6- 4
$250
—-
—
preferred
—
4%
;
Co.
_
6-10
6-10
5-16
5-17
5-81
5-31
5-16
6- 1
$2c
$30c
———
$10c
Mfg.
7-15
7-12
5-18
—-——
—
6-15
(quar.)——
Lumber,
Cloth
7-30
8- 1
6- 1
Inc
5
7-15
(quar.)—
Capital Wire
5-16
Berkshire
150c
Western
6- 1
7-2
7- 2
6- 1
6- 1
7- 2
7- 2
6- 1
6-1
,6- 1
Benson
6-10
Canadian
25c
Mills,
5-12
1
Ltd.
Corp.,
Caterpillar Tractor Co.
Lumber Co.,
5
5-
6-30
Extra
Central
Beaver
5-
6
6-
7-30
$$1.25
—
(accum.)———
Gold Mines, Ltd
5-4
.
5-31
$30c
preferred
5- 4
5-20
1
7-
7i'
$25C
(irreg.).
Automobile Ins. Co. (St.
Amer.
6-
6-10
93%c
-
$3.50
6-10
50c
-——
(s-a)
Corp.
Arch
American
6-
12 %c
(quar.)
Airlines,
American
5
81'Ac
37 %c
common.—,:
6-
6-30
40c
(quar.-)—-—
5-12
1
6-
5%
6-1
_____________
5-16
5-16
5-16
5-14
5-31
Canadian International Investment Trust—
6- 1
Co.,
Beneficial
7-
5-14
6
$17Vic
$$1.75
(quar.)
common
(quari)
preferred
112Vic
Seelig Mfg.
(quar.)__
s^o**
5-19
$1
(quar.)—
5-31
5-14
5-10
5-25
6-1
75c
Aluminium,
Ltd.
„———--i-————
Aluminum Co. of Canada, Ltd.—
4%
,V •'
25c
(quar.)———
preferred
$3.75
6-15
class A (quar.)__——
'25c
$1.40
preferred
(quar.)
35c
Beck (A. S.) Shoe Corp., 4%% pfd. (quar.)
$1.13%
Belden Manufacturing Co.
(quar.30c
Belding Corticelli, Ltd., common$$1.50
7%
preferred (quar.)
t$l.75
Bell & Gossett Co.
(quar.)
;—;;
15c
Bell & Howell Co., common (quar.)
12%c
4>A%
preferred (quar.)—,
$1.06%
5-10
5-25
40c
6-1
25c
Inc.
of America,
Aluminum Co.
f 12 Vic
Extra
Beaunit
—
common
$25c
5-25
5-31
7%
Ltd.,
6- 1
6- 1
6-4
6- 1
A
6-10
$1.12%
$50c
Industries,
common..—15c
—__:
—
30c
Oil Co.—
75c
Batavia Body Co.
(s-a)
--!■;*•
2®c
Bathurst Power & Paper Co., Ltd.—
Class A (quar.)_
1
—_
$37%c
&
Class
6-10
1
6-14
6-1
6-10
6-15
(quar.)
Barnsdall
9-15
1
7-
preferred (quar.)-—--—---——
Portland Cement (quar.).
Alte$ Brewing Co.
107-
——.
Allis-Chalmers Mfg.,
Ltd.
5-20
5-20
6-10
6-11
5-16
5-14
25c
B
Tire
6-1
—
Class
——:——
—
Canadian
15c
(quar.)
(quar.)—
A
6-24
5c
——_—_.—
Company
Class
Malartic
9-3
12-13
.
A
10-
Canadian Industrial Alcohol Co.,»Ltd.—
Canadian
7- 1
10- 1
1-2-50
(quar.)
-
Barlow
4-29
37 %C
preferred (quar.)
Alpha
H.)
Extra
6-25
$1.06'A
(quar.)———
Allied Stores Corp., common (quar.)—
■
4%
(quar.)
preferred
(W.
8%c
8%c
Class
(quar.)
Ltd.
Co.,
2
8-
Machine Co., Ltd.—
Canadian
6- 1
6- 1
7- 1
6-25
5-31
8%c
Fairbanks-Morse
Canadian
5-16
5-20
5- 9
5-18
5-14
5-27
6- 1
6-1
7-8
12%c
$1.12V2
30c
$1
$1.50
—
•
6- 1
—
(s-a)———
common
Co
Laboratories,
6- 1
$2.50
l
preferred (quar.)
5%
Allied
6-30
$15c
——
.
(quar.)
Finance Co.,
Allied
6-15
5-28
6-15
'
4V'4%
preferred (quar.;
Allegheny-Ludlum Steel Corp—
preferred
6-30
$1.25
(quar.)—
Agnew Surpass Shoe Stores, Ltd.—
—_
Akron Canton & Youngstown RR. Co.—
5%
preferred (s-a)
Alden's, Inc., common (quar.)_.
$4.50
6-
$50e
6-15;
6- 1
25c '
40c
(quar.)
common
6-15
6-6
5-16
5-10
5-21
5-21
15c
20c
8c
(quar.)———25c
Show,
7- 1
$50c
5-31
6- 1
6-15
(quar.)
(quar.)
Radio
$1
'r
Mfg. Co. (quar.)— _—u—
Aetna-Standard Engineering Co, common
5%
7%
$20c
Canadian Ice
(quar.)__—„—_
T.), Inc. (quar.)
Mills
Inc. (quar.)
Porcelain Steel Corp.—
Baltimore
5-31
5-26
(irreg.)
Building,
preferred
preferred
preferred
7%
6-10
6-15
D.)
(J.
7%
7- 1
7- 1
7- 1
6-10
(monthly)-————
Paper
Balfour
5-13
6-16
'
(quar.)
(g.
Badger
1- 4
6- 1
6-30
(quar.)_
Corporation, common (quar.)
prior preferred (quar.)_
D.
100%
(quar.).
dividend
Stock
Adams
—
—
7-
$$1.25
$1 preferred (s-a)__
Acme Gldve Works Ltd.,
Acme
V.
4%%
6-10
7-2
$25c
(quar.)
$$1.15
5%
B.
Inc.
Inc.
Products,
Mills
Baltimore
pref.
Works,
Ayshire Collieries Corp.
Refineries, Ltd.—
Acadia-Atlantic Sugar
Class
Allied
Avondale
Babbitt
preceding table.
Gear
America
of
Co.
2-2-50
50c
t5c
tlOc
$12%c
.
—
Canteen
Manufacturing Corp.
Avon
we
(quar.)
Automotive
AVco
Below
A
11- 2
$25c
50c
Corp.
Automatic
7- 6
$25c
$25c
Common
6-15
6-20
"
—
—
(quar.)__:
Mines, Ltd. (quar.)
Auto Electric Service Co., Ltd., common..—
5-16
$1.25
(>a)
Wright Aeronautical Corp.——
York
Knitting Mills, Ltd., class
1
Ltd.—
Co.,
56'Ac
Gold
Aur.or
6-
Dock
Common
50c
40c
(quar.)
Co
Dredge &
Payable Of Ret,
$25c
Canadian Food Products, Ltd., common—$18%c
$1 class A (quar.)————
—+25c
4%%
preferred (quar.)——
—!
$$1.12%
Imperial Diesel Engine Co.—
Series A preferred
(quar.)_
Powder
Canadian
Holdert
When
Share
6- 1
5-20
5-27
Atlas
Manufacturing—
Worumbo
5 V'
Atlas
6-10
(quar.)—
Newspaper Machinery Corp.,
'Wood
6-10
15c
Wiser
6-15
$2.50
(s-a)__
——-—
Refining Co. (quar.)—
—
Atlantic
35c
Per
Name of Company
Common
."
preferred
5-20
5-20
5-20
6-1
6- 1
$1.12%
—
Lines
Atlantic Gulf & West Indies Steamship
1
7-
Light Co., common——
preferred (quar.)
——
4Vb %
Payable of Rec,
30c
Gas
Atlanta
Monday, May 23, 1949
Holdert
When
Share
Name of Company
5-20
6-
25c
Weyenberg Shoe Mfg.. Co. (quar.),
Whiting Corp. (increased>
Winter & Hirsch, 7%
preferred (quar.)__—
CHRONICLE
Per
Holdert
Payable of Rec.
(3-a)———-
Trustees
Estate
Real
Western
FINANCIAL
&
COMMERCIAL
THE
(2250)
50c
$1.12%
$1.13
2
5-10
5-9
7- 1
.
6-10
7- 1
6-10
Volume
169
Number
When
Per
Name of
Container
•4 %
Company
Glass
Consumers
Corp.
of
preferred
(quar.)____,
Continental
Can
Co.,
6-15
7-
1
6-15*
50c
6-
1
5-13
5%
preferred
(quar.)__
Continental
Gin
Continental
Oil
Cook
&
Paint
prior
$3
Co.,
Co.
4'A%
pfd.
preference
Co., Ltd., class A
Cooper-Bessemer Corp.—
$3
(initial
common
Stock
preferred
Cornell
C010, Inc.
5%
Crane
Electric
A
Common
6%
Crown
Cork
$4.20
Crum
&
Crum
&
6-10
6-
1
Fajardo
6-10
6-
1
Falconbridge
cuse,
Common
2c
6-20
(quar
6-15
6-
6-10
.'
4
1
Federal
6-10
$1.50
7-
6-
1
25c
7-
1
6-15
7%
preferred
Cuban
7-
SI
6-
1
1
2
$2
6-30
pfd.
9-30
7-
Fitz
Darling
Davis
Metallic
(L.
Class
B
6-
1
$1.75
A
1
6-
1
5-1
Hudson
Dempster Mill Mfg.
Dentists
7%
45c
933Ac
Detroit
Co.
(quar.)
Detroit
Hillsdale
(quar.)
(quar.)
5-26
6-
1
6-
1"
6-20
wv
(quar.)
'
Western RR.
6-
1
6-
1
1
6-15
25c
(s-a)
■'
6-
6-15
6-
7-
5
lc
6-15
6-
Alkali
50c
6-10
Match
_________
(quar.)
Co.,
participating preferred
6%
participating
Diamond
T
Motor
Dictaphone
4%
preferred
Disher
Steel
Disston
Co.,
Ltd.
(initial)
(quar.)
___________
Houses,
Inc.
1
; 6-
Dome Mines,
Dominguez
—_
(
Fields
62'Ac
15c
:
Extra
Dominion-Scottish
preferred
Common
(quar.)
.
-
Gary
7-. 1
6-10
1
5-16
6-
1
'
5-16
1
5-20
6-15
$4.25
1%
5-14
7-
1
2
6-10
Mills.
6-15
5-18
General
Motors
8-1
7-2
Inc.,
Corp.,
5-20
6-
1
3-24
6-
1
3-24
5-27
5-
5-27
5-
5-27
5-
6%
10%
25c
6-10
6-
1
5
7-
1
10-
1
$50c
7-25
7-
1
6-
1
5-16
$25c
6-
1
5-14
tax
65 '/a C
6-17
66-
$$1
6-
1
..
5-20
6-10
5-20
'
25c
20c
37 '/aC
6-
1
5-15
1
5-4
General
5-14
General
Portland
General
1
7-15
7-
1
7-15
7-
7-
1
6-
6-
1
6-15
5-20
1
7-
1
5-25
$1.06'A
8-
1
6-28
6-15
5-13
1
5-25
5-10
75c
'
N'
•
6-11
5-24
7-
6-17
<quar.)_
$1.75
$1.25
(quar.)
10c
843sc
(quar.)
6-
7-
1
1
6-20
6-15
5-20
C-
1
5-10*
$1 25
5-12
8-
1
7-11
933Ac
__.
6-10
$1.25
8-
1
7-11
35c
pfd.
1
Equipment—
General Products Mfg. Corp., Ltd.
5-20
6-
6-10*
6-15
5-25
1
$50c
$50c
7-15
6-29
$$2.50
7-15
6-29
I_————————I——————
6-
1
5-20
Class
7-
1
6-20
57c
50c
7-
1
6-20
General
7-
1
6-15
General
30c
6-10
5-20
7-
1
6-16
Gentry, Inc. (resumed)
Georgia Marble Co.
(quar.)
7-15
6-15
Gerity-Michigan
6-15
5-24
$6
7-15
Steel
Castings
preferred
Tire
(s-a)
6-29
Corp.—
(accum.)
;
& Rubber
Co.
$3
(quar.)
25c
,_
7-
1
6-20
5-31
5-20
6-20
12 '/a C
6-
6-
1
5-25
5-31
4
6-10
5-20
$1.25
6-15
6-
Glass
Gleaner
4
Globe
$1.50
6-15
6-
1
9-15
9-
1
$1.50
12-15
12-
1
$1.50
8-
1
7-15
11-
1
10-14
6-
1
5-14
5-23
4-22
$1.25
_
50c
5-25
5-
6-
1
5-16
$25c
6-15
5-16
21c
5-25
5-14
$$1.50
(monthly)---
5
21c
6-25
6-15
30c
6-30
6-14
$1.02'/2
6-
1
5-18
$1.06'A
6-
1
5-18
75c
Co.—
7-
1
6-14
4
(initial
Co
____
l
___
Corp.
-____
Elgin National Watch Co
Ely & Walker Dry Goods Co., com. (quar.)
7 % 1st preferred (s-a)
6% 2nd preferred (s-a)
Emerson Drug. 8% preferred (quar.)
Oil
Godman
1
$1.50
Harvester
Goebel
C.)
Brewing Co.
Golden
Mines, Ltd. (interim)
Co., Ltd., 4 7c pfd. (quar.)
Goodall-Sanford, Inc., common (quar.)
preferred
(Henry)
Oil
Co.,
$4.25
preferred
$4.50
conv.
$5
convertible
Gordon
40c
6-
8
5-20
6-17
5-19
15c
6-22
6-
25c
6-
5-12*
70c
7-15
1
1
Co.,
preferred
&
5%
common
Hardart
Plan
Howe
Sound
Hudson
Foods,
&
Erie
Huttig Sash
Grafton
&
A
A
(quar.)
_
(quar.)
Granby
Consolidated
Power
Grand
Co.,
Ltd.,
Union
Stock
7%
Atlantic
Northern
Norlherr.
7-15
6-28
Great
7-
6-15
Great
West
Tea
Co.,
Paper Co.
Ry.
Felt
Co.,
Co.,
non-cum.
Ltd;
Rayon
1
6-16
6-
1
Industrial
6-15
5-20
6-15
5-14
f
5-25
30c
5-27
6-29
6-
6-29
6-
2
6-20
6-
8
6-30
6-20
6-
1
5-12
5-
3
2
6-10
5-20
6-
1
5-
9
6-
1
5-
9
6-10
5-27
6-13
5-13
6-
1
5-
7
6-
1.
5-
7
31'Ac
6-
1
5-20
$1
(quar.)___
5-14
25c
(quar.)
5-28
25c
6-10
5-11
25C
5-16
5-31
5-16
12 Vic
(quar.)
5-31
12'/a c
A
5-31
5-16
7-
6-15
$$1.25
preferred
(quar.)_
$1.25
1
: 6-30
6-20
$1.25
pfd.
9-30
9-20
$1.25
12-30
12-20
37 '/2C
(quar.)
6-
1
5-18
6-23
4-29
6-
5-16
Corp.—
;
$25c
of
CO
6-30-.
1
Ltd.—
7%
$25c
1
Canada, Ltd.—
Color, Ltd.,
partic.
(quar.)
(quar.)
6-30
5-17
$25c
common
preferred
6-
1
5-19
$37'Ac
6-
1
5-19
30c
6-
1
5-17
75c
6-10
5-26
ICC
6-10
17c
9-10
Silica
6'/2%
6'/2%
Corp.—
preferred
(accum.)
preferred
Ingersoll-Rand Co.
Inland
Steel
Institutional
Stock
(quar.)
and
Aviation
(accum.)
(increased)
6-
1
9-
1
5-
9
$1
6-
1
50c
6-
1
5-14
25C
5-31
4-30
25C
5-31
4-30
3c
Co
7-31
6-30
7-
6-15
■
Shares—
Bond
Group
Group
1
6
International Business
5-17
Quarterly
Machines
6-15
5-25
International
9-15
8-25
12-15
11-25
International Harvester Co.,
International Metal
1
5-13
$1
Cigar Machinery.
A
4'/2 7*
preferred
20c
(quar.)
Ltd.—
International
5-27
5-
9
(quar.)__
10c
6-15
5-20
$1
6-
1
5-11
1
5-11
6-
1
5-20
International
6-21
5-23
Interstate
Natural
9-20
Intertype
Corp.
(quar.)
Quarterly
common.
10-
1
5-20
Nickel
Co.
of
Canada,
6-10
5-31
$1.75
6-
1
5-
5
7-
2
6-
9
$$1.12 Va
pfd.
(quar.)
9
1
6-10
$40c
7 7*
Industries,
Class
6-
2 7'AC
Corp.—
1
$25c
$1
7-
$$1
Ltd
5-
$30c
5-27
50c
(quar.)_.
Corp.
5-
preferred
6-11
$1.0674
6-
50c
5-14
5-14
4C
Indiana Gas & Water Co.
Industrial
5-27
(quar.)—.
1
1
$12'Ac
&
convertible
6-
Pacific
5-20
1
6-
55c
1
(quar.)
6-
6-
37'/aC
(quar.)_.
1
$1
5-20
—
6-
+
»•
Indemnity (N. Y.)
&
preferred
Great
Imperial Varnish
25c
(quar.)
6-14
7-19
1
Institutional
&
dividend
6-28
50c
common
Smelting
(increased)
6-24
7-29
6-
$1.12'/2
Increased interim
5%
Co.
Great American
Great
Mining,
5-17
$1.25
$25c
Class
class
(quar.):
5-27
5-20
5-27
7 25c
$1.06'A
;
6-
$1
;
$1.12 Vi
Y.)
$25c
Company, Ltd.,
A
(quar.)
6-15
5-13
5-19
1
25c
35c
6-15
1
6-10
6-
62'/a c
(increased)
Shares, Ltd. —
Insurance Group shares
Insurance Exchange Building
(Chicago;
5-16
,
(H.
Graflex,
5-20
7-
5-13
6-
5-16
20c
$2.50
Manufacturing Co
W.) Co. (quar.)
Inc., 5 % preferred (s-a)
Gossard
6-10
$25c
B
Gorham
5-20
6-15
5-19
50c
registered
(final)
Oil, Ltd. (s-a)__
6-10
6-15
5-26
1
30c
Ordinary
5-20
$12'/aC
6-1
6-
25c
Industries,
5-15
5-16
1
6-15
25c
common
(s-a)
Chemical
1
5-16
6-18
25c
(quar.)
Door, 5%
1
1
(monthly)
1
A
common
6-
6-15
5-31
1
31c
(quar.)
6-
6-
6-
7-
$1
Co.,
Hydro-Electric Securities
$1.50
6-10*
6-15
$1
(N.
series
preferred
5-14*
6-15
1
25c
preferred (quar.)
57*
preferred quar
Hydraulic Press Mfg., 6 7*
57*
5-20
7-
50c
57*
Imperial
5-20
1
30c
Mortgage Corp
&
1
6-
5-25
25c
(increased quar.).
Inc.,
preferred
Huron
6-
25c
_
preferred
5-20
$1.50
-
;
5%
1
87'/2C
Mining & Smelting,
57e
6-
34 %c
(quar.)
Hudson Pulp & Paper, 5%
pfd. A
Humble Oil & Refining Co
Hunt
1
5-26
30c
Inc._—
Hudson Motor Car
V
1
6-30
25c
(quar.)_
Company
Bay
6
6-
50C
(quar.)
Fund,
Extra
7-
6-15
25c
Houston Light & Power Co
Howard Stores Corp., common
4'A% preferred (quar.)
Howe
5-11
6-
15c
(quar.)
37'/aC
$1
1
7-20
$1
common
A
Co.
preferred
1
$1.25
6-
6-10
40c
(quar.)
1
(quar.)__
(quar.)
Mackay Stores, Ltd., class A (quar.)
Class
60c
1
common
preferred
5-14
17'/2C
(quar.)
6-
5-16
1
common
preferred
6-
1
1
6-
t25c
6-20
6-
6-
$1.06'A
—
(irreg.)
6-20
37'Ac
1
6-11
Co.—
Ltd
Corp.
Imperial Tobacco Co.
6-13
5-
40c
5-16
Company,
class
Imperial
6-10
6-10
common
(quar.)
&
non-cum.
2
2
6-10
4%
(Charles E.)
5-26
6-30
6-30
stock.
A
(quar.)
preferied (quar.)
6-
$1
4%
preferred (quar.)
Goodyear Tire & Rubber,
class
—
5-16
$1
5-16
$1
B
common
5-30
$5c
1
(quar.);
Co.,
10c
.
State
Class
25c
(quar.)
(quar.)_
Manitou
Golden
pfd.
6-
(quar.).
Corp.,
12c
Company, 6 7c
1
preferred (quar.)_
preferred (quar.)
_^„
50c
iquar.)__
Ltd._
Co.,
(H.
Corp.
5-16
6-
Co., 5'/2 7e
6-15
IOC
5-16
1
^
25c
'
(quar.)
preferred (s-a)
_
1
6-
(quar.)—
Co.
3 7'/a c
Corp.
IS. A.) Co.,
Corporation
5-25
6-
preferred (quar.)_:
Bakeries
(quar.)
5c
Gerrard
Girdler
in
common
50c
$1.25
20c
6-10
6-10
preferred A (quar.)
4 )/2 %
5-20
$10c
Co.
Chemical
Hoover
6-10
$1.50
Hooker Electrochemical
\
5-24
6-10
Pineapple Co., Ltd.
Honolulu Oil
5-16
6-30
25c
(quar.)
6-11
25c
40c
57c
Precision
B
Co.,
Hotels,
Home
5-10
5-25
$1
5-13
$1
Cement
preferred
$4
Holt
5-14
25c
class
Company (quar.)
Manufacturing Co. (quar.)
Hollingsworth & Whitney, common..
6-10
G-10
5-10
5-24
50C
Hobart
-8
10c
(quar.)
common
Plywood Corp.,
1
7-
6
1
6-15
25c
Ltd.—:
convertible
Hires
1
75c
Advertising—
(increased)
6-
7-15
6-20
4%
8-19
12-
and
Monthly
Hilton
6-
6-15
1
(quai*.)_
preferred B (quar.)—1
Hibbara, Spencer, Bartleit & Co.
Monthly
;;
5-14
6-10
6-15
1
5%
5-18
1
10c
(quar.)
5-10
7-
(quar.)
Heywood-Wakefield
5-18
1
5-14
1
6-30
7-
convertible
3'/27o
5-27
50c
(quar.)
Outdoor
Common
Battery,
Heyden
1
6-
25c
(quar.)____
$3
Hercules Steel Products Corp.—
6% conv. preferred B (quar.)—
Hewitt-Robbins
(quar.)
i
6-10
$1
6-
$7c
50c
Chemical
Hendry (C. J.)
6-30
$$1.19
5-16
$1
(quar.)
Henkell-Clauss,
quar.)
5-16
1
$1.06'A
Hazeltine Corp.
(Franklin)
1
25c
(qi'ar.)
(quar.)
Hathaway
8-15
1
66-
$22'Ac
Company,
preferred
Hawaiian
6-15
1
11-
$1.12'A
payable
A.)
Hart-Carter
5-16
8-
1
$12 'Ac
common—
Co.
class A
on
Harshaw
6
5-
U
(quar.)
class A
Wholesale
Hart
2
1
50c
(Calif.)
(M.
Common
6
5-
•
Ltd
common
Co..
5-
9-
12-
25c
_*
—
(quar,)—
(quar.)
Harrison
6
$25c
5-27
(quar.)
1
85c
preferred
(quar.)
Harbison-Walker Refractories
6
37'/aC
preferred
5-20
6-
75c
(quar.)
dividend
Hanna
Horn
3% 7c
6-15
0
Ltd.
$4.25
25c
(quar.)
preferred
(quar.)
General
6-1
$15c
1
$25c
preferred
$3.75
7-2
$1.50
.
6-
$1.75
25c
1
Electrolux
C-
5-11
(s-a)
6-
$1.12'A
Stock
$1
15c
<
1
37'/a C
preferred
5-20
1
25c
6-
5-20
(quar.)-
5 7c
6-15
Extra
6-15
1
______
(quar.)
Printing
5-20
(quar.)
Year-end
Corp.—
&
6-
6-15
1
25c
Oil
1
$2.50
(quar.)
Industries,
Canada,
___;
Co.,
Paper
B
6-
5-31
(extra)
$1.75
(monthly)
Co
11-20
common
A
Manifold
General
40c
Associates, $5 pfd. (accum.)
Eaton Manufacturing Co
Economic Investment Trust, Ltd.
(extra)
Eddy Paper Co., Ltd., class A (quar.)
Boat
1
$1.12'/2
(quar.)
Finance
7-
30c
;
Ltd.
Instrument
6-15
75c
A
$15c
Ltd
Auto-Lite
12-
.
(N. Y.)
Transportation—
6-10
75c
(quar.)..
Extra
Class
8-20
common
common
Cor,
5-16
5-11
Electric
Cigar
preferred
General
5-11
Electric
1
(quar.)
1
1
(quar.)—-
9-
75c
Indemnity
preferred
6-
45c
preferred
preferred
5-20
$2
common
$1.25
(quar.)
4'A%
5-21
1
20c
,
dividend
of
preferred
preferred
$1
(quar.)_
preferred C (s-a)
General Fireproofing Co., common
7 7c
preferred (auar.)
5-31
6-
81'Ac
quar.)
(quar.)
1
7-
class A_—
(quar *
(see Simon
6-30
(s-a)
Inc.
Co.,
preferred
Hancock
6-
$1.50
convertible
1
4.10%
Common
General
Laboratories—
Gas
4V2V0
50c
(interim)
5-13
6-17
$1.12 '/a
common
(quar.)
Cotton
Hazel-Atlas
Corp.
preferred
6-
Natural
4'A %
25c
preferred
American
6-
common
5-16
5-16
Co.
Stores
Watch
Hammennill
5-16
1
voting
Ltd,
Water
Mines,
Ltd
Bridge Co.,
Hammond
Company—
$1.60
1st preferred
(accum.)
Ga.ylord Container Corp. (quar.)
American
s
1
1
5-13
5-31
$250
convertible
6-
&
General
$1.50
Paso
(Theodore)
General
6-
;!<j
6-
4%
3
6-
9-10
6-10
$1.75
New
35c
12-20
4%
—
preferred (quar.)__—______
preferred (quar.)___
Eastern Massachusetts Ry.—
6% preferred A (quar.)
6% preferred A (quar.)
6% preferred A (quar.)
El
6-
30c
5,-25
1%
•Common
5-14
1
30c
6-25iJt;
$1
Eastern Sugar
1
7-
5-31
7-
$250
Brothers
25C
(quar.)
$25c
preferred B (accum.)
preferred B (accum.)
6-
$1
5-13
$1.25
_
$25c
'
—
pfd.
(quar.)
Corporation (quar.)
America
$25c
(quar.)—
$1.12'/a
_______
(quar.)
5%
(quar.)
Edgewater Steel Co., common
Hamilton
Hale
preferred
General
$25c
Products,
Hamilton
preferred
5-20
6 %
Steel
Hallnor
4
6%
$5
East Mahonoy RR. Co. (s-a)
East St. Louis & Interurban Water Co.—
.6%
4
6-
6 %
Garrett
$37'Ac
preferred (quar.)
Bradsireet, Inc., common
4'A% preferred (quar.)
Duquesne Light Co., 5% 1st pfd. (quar.)__
Durez Plastic & Chemical;?, Inc. (quar.)
Eastern
6-
6-15
30c
$62'Ac
convertible
6%
6-15
$2.50
—
(quar.)
General
&
Eagle Picher Co
Hajoca Corporation
.
preferred
General
:
B)
4%
6-30
preferred (quar.)_
Co., common (quar.)
(Alan
1
—
Ltd.,
Co.,
5-31
2nd
Mont
5%
Dun
Ltd.,
5-17
7 %
Du
(Robert)
5-14
6-
$35c
:
preferred (quar.)
Dravo Corporation, 4% preferred
6-
preferred (quar.)__
Co.,
5-20
|$5.50
:—
Aircraft (quar.) _____*
Industries, Ltd
Dow Chemical Co., common (increased)
Drug
6-22
(initial)
receipts
Co.,
7-30
(quar.)
Ltd.—
Dover
Dow
Hackensack
$1.50
Canada,
Mexican
Trailer
6-15
Douglas
A
3
Company—
8%>
5-31
$1 preferred
(quar.)____
Donohue Brothers, Ltd.___
preferred
6-
(quar.)
com
Ltd.
1
$$1.25
(quar.)
6-25
6%
Dominion Tar & Chemical Co., Ltd.—
$3.25
J.),
$$5
______________
(acium.)_
Dominion Stores, Ltd.
$4
(A.
25c
Investments,
35c
$1.50
Works
$17'Ac
—___—
Co
Anglo Investments, Ltd., com.__
5% preferred
(quar.)_
Dominion Foundries & Steel, Ltd.
—
Ltd.—
6-15.,
v..j25c
(quar.)
(quar.)
Ltd.
1
1st pfd. (quar.)
4'A%
new
of
3
6-
15c
Oil
&
6-
—;—
5-31
10c
Dominion
5-31
6-15
.
$1.25
iquar.)—
(quar.)—
6-10
—_—
Corp.,
preferred
preferred
Gair
5-20
V
;
Pepper Co.
5%
6-
$25c(
•
.T
Extra
Dr.
4%
8-9
75c
(quar.)
6?
Light,
Companies,
Less
6-11
$30c
<quar.)_
8-11
Co.)
Fruehauf
2-6-50
6-27
25c
Inc.
Ltd.
Cup Co., common
Class
A
(quar.)
9-1
3-1-50
75c
5-18
'
*
Hamilton
common
deposit
prior
Fresnillo
5-13
$1
& Sons,
Dixie
1
preferred
Co.,
,
$1.10
preferred
$4.50
preferred
(quar.)
Gypsum Lime & Alabastine
1
1
25c
(quar.)
Construction
(Henry)
6-
75c
(s-a)
(quar.)_________
common.
Distillers-Seagrams,
Dobbs
37'Ac
(s-a)
preferred
Car
Corp.,
(quar.)____
common
&
Co.,
Gair
Co.
Utilities
25c
(quar.)
Co.,
Bridge
Freiman
5-18
Diamond
5c
40c
;
Pitt
Fraser
11-10
Diamond
States
$4.40
1
8-16
$20c
43A %
preferred (quar.)
Freeport Sulphur Co. (increased
1
11-15
Gulf
Dredge & Dock Co.
B
prior
&
8-10
50c
.
7c
Sugar, $5
Gulf, Mobile & Ohio RR., $5 preferred
Oil
Corp.—
.
(quar.)
Franklin Simon & Co.
6-20
8-15
$2
6-
shares
Gulf
9-15
6-
;__
shares
Guantanamo
6-15
6-15
.___
Utilities
6-10
5-13
7-
shares
Tobacco
5-17
1
5-30
$1.25
(quar.)
Co.
6 %
1
50c
6-15
;
.___
Quarterly
Quarterly
Quarterly
(quar.)
class B
non-voting—
6%
7-1
40c
5-13
10c
Steel shares
1
(reduced)
Inc,
Wallace,
B
American
5-14
7-
5-31
5-17
Foster-Wheeler
5-20
18c
$1.75
8c
6-15
—
shares
shares
—___
(s-a)
Motor
Fort
5-27
$1.50
common-
5-13
5-16
$25c
5-10
Detroit-Michigan Stove, 5V pfd. (quar.)
5%
preferred (qu?.r.)_
Detroit Mortgage & Realty (quar.)
6%
&
Motor
Ford
5-10
$1
___
.
& South
5-17
6-10
5-31
1
$25c
5-17
1
5-13
8c
6-
Co.—
Connell
preferred
Power
Class
5-17
I
6-
35c
Co.
Co.
1
6-
25c
(Kansas)
Harvester
6-
Ford
5-13
20c
Supply Co. (N. Y.),
(quar.)
Oil
3
933Ac
(quar.)
6-
5-31
5-10
1
5-1
10c
preferred
Derby
5-16
6-1
7c
1
Baltimore—
common
Company,
Preferred
5-16
6-1
5-31
6-
7-
Ltd
at
Stores, Ltd.
Mineral
Forbes
5-16
5-26
$17'Ac
Company, common
preferred
(quar.)
&
6-10
6-
preferred B (quar.)
De Walt, Inc. (quar.)
Delaware
Foote
$37'Ac
(quar.)
(quar.)
&
&
$4 preferred
Florida
10c
5-13
3c
5-27
31'Ac
—
Co.,
1st
5-10
.
5-31
6-13
(s-a)
(quar.)
1st preferred
6-10
v
9c
Priced
Petroleum
10-
—
$2
H.)
Simmons
1
5-30
7-
75c
3%%
**7%
(M.
Class
Day Mines, Inc
Dayton Power & Light, common
334% preferred A v(quar.)_
Deere
preferred
7-1
50c
15c
class
Corp.,
6%
5-15
$1.75
5-13
shares
3
$2.50
(quar.)__
of Canada
(quar.) _—1
preferred (s-a)
preferred
Flintkote
9-15
20c
5-31
6-
25c
6-15
1
•
Ltd.,
1
10-
Door
Co.,
7-
$1.12'/a
Co
A.)
Leather
$1.12'/a
5-13
8c
6-30
20c
(quar.)___
Rubber
6%
Clothing
4'A% preferred (quar.)
4'A%
preferred (quar.)
Curtis Companies, Inc._i.____
1
Curtis Mfg. Co.
(Mo.)_
Curtis Publishing Co., $7 pfd. (accum.)
$4 prior preferred (quar.)
Cushman's Sons, Inc., 7%
pfd. (quar.)
5-31
Merchandising
Mining shares
$2.50
(quar.)
America
&
Tire
Fitzsimmons
Curlee
Dahlstrom
Co.
Canada,
Carpet Co.,
5%
6-16
1
5-13
7c
7
(Syra¬
9-16
$1.25
(quar.)
5-31
$5C
,___.
York
Firth
6-17
$1.75
—
Sugar, 5%
1
5-13
8c
10-
50c
common..
preferred
of
of
Co.
Fishman
7-
5-13
5-31
Company
1
t$l
Products
4'/2 %
5-16
$1.75
5-31
Low
1.1856'A
(quar.)_$0
—
Enamel " Corp..
First
6-14
5-31
5-13
9c
Investing
—
(quar.)
common
Insurance
Screw
Firestone
5-7
$1.75
5-13
5-31
$2.50
5-13
6-
5-31
8
„
5-13
10c
$15c
Class B
5-13
6-
$$2
11-15
.
5-13
5-13
5-31
10c
7-
15c
4>A% pfd.
quar.)_
Works
6-13
1
$1.05
(quar.)
Ltd
(quar.)
(quar.)
Atlantic
Fire
Finance
8% preferred (quar.)
Securities, 1% pfd. (quar.)_
preferred
11-
shares
Industrial Machinery shares
Institutional Bond shares——
50C
Y.)
5-24*
40c
common
Cuban American Sugar Co.,
7%
$25C
(quar.)
Corp.
Fibre
6-10*
Inc.—
Co.,
Y.),
N.
Federal
Corp.—
preferred
1
(quar.)
Corp.,
convertible
Ferro
(quar.)
Coal
1
8-
Nickel Mines, Ltd
Federal-Mogul
1
6-20
50c
2nd
12-
Semi-annual
Works—
$1
Corp.,
8-15
$?.5c
Bond
shares
5-31
9c
_!
Administered
5-13
5-13
5-31
Cc
shares
5-13
5-31
Railroad Bond shares
Railroad Equipment shares
Railroad Stock shares
5-13
$1.25
(Syracuse, N.
Co.
Enterprises,
$1.25
5-20
933/4C
75c
preferred
Federal
6-
Fully
1
(quar.)_——
Farmers & Traders Life Insurance Co.
5-12
3
1
—
5-12
6-
6-
.
(increased
1
5-10
1
9-
Co
Brewing
Common
1
1
7-
$1.25
Extra
6-
6-
Electrical Equipment
Food shares
5-13
5-31
12c
Chemical shares
6-20
50c
Co.
&
Sugar
6-
Forster,
Forster
Fairbanks-Morse
Falstaff
6-20
1
$1.25
1
(The)
$37'Ac
(quar.)
Pass
5-20
5- 9
5-11
A
Nest
6-13
6-10
(quar.)__
preferred
Crows
Fair
6-10
Corp..
convertible
$4
6- 9
5-16
5-27
(s-a)
334%.
Zellerbacli
6-24
$$1.25
International
preferred
Crown
6-
7-15
Ltd., common—
Co.,
(quar.)
Cork & Seal Co.,
Crown
9
1
7-
•.
5-31
7c
7-
shares
5-13
5-31
10c
Building
5-31
7c
10c
—
I
Holder«
Payable of Rec.
9c
—
shares
25c
Insurance
47
9c
shares
Aviation
General
Semi-annual
6-24
6-15
(increased)
class
$1
$2
Co.
preferred
Excelsior
9
20c
:
;
Knowles Loom
&
6-
25c
25c
,
(quar.)
Oil
6-24
$1.31'A
common
(quar.)
_
Petroleum
Crompton
Corp.,
(quar.)
Products
Company,
Creole
.
Paper Box
Gulch
Cow
5-16
30c
62Vic
(quar.)
common
preferred
1
75c
(quar.)
(quar.)
Corrugated
1
20c
preferred
Wood
preferred
6-
Automobile
1
5-13
6-30
75c
preferred A
$5
6-
50c
;
(quar.)
Dubilier
$5.25
Cornell
quar.)
Co
Copperweld Steel,
£%
$5
tl5c
(quar.)
50%
preferred
Range
6-15
6- 6
5-13
-f 5-13
6-
7-30
$1
____
(quar.)
(quar.)
$5 preferred A (quar.)—
Esmond Mills, Ltd., 5%
pfd.
5%
preferied
(quar.)
When
Share
1
6-
Co.
A
Company
Securities, Inc.—
Agricultural shares
40c
—
1
1
Name of
5-20
1
6-15
$50c
6-27
6-
6-
$1
31c
Erie
7-
Per
Payable of Rec.
$1.25
.
Railroad
(2251)
Holder<
Group
______
,
25c
75c
dividend
prior
Copper
(quar.)—
(quar.)___
Cooksville
New
___,—
When
Bay
Equity Corporation, $3 convertible preferred.
20c
preferred (s-a)
—
v
5-31
$1
(quat.j
„
common
&
5-10
i'.
■
31'Ac
$1.13
——
(Del.)
Varnish,
1
CHRONICLE
Share
State Telegraph Co.—
4%
guaranteed (quar.)——
Empire District Electric, common
5% preferred (quar.)_____
_
Enamel & Heating Products, Ltd
Endicott Johnson Corp., common (quar.)
4%
preferred (quar.)
'
5-25*
933Ac
_
(quar.)_
Continental Copper & Steel Industries—
Name of Company
Empire
5-20
6-15
25c
preferred (quar.)
Casualty Co. (Chicago)
$3.75
6-30
Continental
FINANCIAL
rer
4-29
6-
$1
(quar.)
i.quar,)_
common
5^31
30c
—
(Chicago)
&
Holdera
Payable of Rec,
Share
$37'Ac
Ltd. (quar.)
America—
Co.,
Continental Assurance Co.
COMMERCIAL
THE
4805
7-
2
6-
9
Ltd.—
t40c
International Petroleum, Ltd. (s-a)
International Products Corp.
(quar.)
International Silver Co
Utilities
Gas
Corp.
Co
_
6-20
5-23
$25c
6-
1
5-17
(quar.)
25C
25c
...
6-20
6-
6-
______
1
5-12
6-
1
5-11*
1
$1
6-15
6-
1
40C
6-15
6-
1
48
THE
(2252)
Name of Company
Investment
6%
convertible
Investors
Share
Trust
Name of Company
Payable of Rec.
Rhode
of
Island—
Co.
Conveyer
Ltd.
Maxwell,
37V2c
(quar.)___
8-
1
25c
Participating preferred
Participating
(quar.)__
Mathews
6-15
7-15
$75c
8-
1
7-19
(quar.).,
Public Service
Iowa
,3.75%
preferred
Iowa Southern
iron
Mfg.
(Del.)
6-15
6-
1
$3.40
6-15
6-
1
$3;75
—
25c
—
—
Supply
$5
preferred
$5
preferred B
Co.
Jones &
(quar.)
Co.
5-25
25c
6-10
1
65c
(quar.)_
7-
If 1
56-
3
1
6
5-
6-10
15c
(quar.)
-Extra
——;
& Co.
6-
95c
Ci30
10c
—
(quar.)__—
J
25c
—
6-10/
6-15
20c
£6-15
81.18%
25c
Kingsport Press, Inc. (quarj—;
King-Seeley Corp., 5% conv. pfd. (quar.)__
Kingston Products Corp.- (s-a)
Kinney (G. R.) Company, common (quar.)
—
(Calif.),
1
5-
$1.06 »A
6-
1
6-
1
5-
7-
1
6-15
25c
6-15
5-26
25c
6-10
5-20;--
Stores
Distilling
6-15
5-25
.6-10
6-10
6-14.
6-
semi-annual
Consolidada
La
American
La
S.
4
Michaels
Preferred
7-
1
15c
6-14
6-8
20c
6-30
6-24
"■"< $2.50
Co.,
1
Lane-Wells Company
(quar.)„_
Lang (John A.) & Sons, Ltd. (quar.)
Stamping
Monotype
5-23
6-
5-
7
;
•.
•
40c
(quar.)
Co.,
&
Hart.
9
y
4
$1
$1
arrears)
6-11
6-10
5-20
6-15
5-16
50c
,
6-15
6-
1
6-15
6-
1
37V2C
7-
1
$2
7-
1
(quar.)
7-
1
6-
1
50c
6-15
6-2
5-16
5-21
Mission
,
6-15
2
5-27
6-
: 5-18'
'
5-10
1
6-15
5-31'
15c
5-25
5-11'
(s-a)
Brake
5-27
-5-16
6-
r 5- 4'
$3.50
pfd.. (quar.)_
..
..
$1
"75c
.
•
;
5-20'
1
5-10
'6- 1
6-
5-10'
;^5-13
1
'J j-v,:j
7- 1 '<••• 6- 3'
>,$1.50.:
;
Gas—
6-
"la
J
-
.
'" 6- 7
r"6-10
,
.50c
;
.
5-11
1
7-, 1
J
5c
:
Co
&
5-25
10c
—.
pfd.
/
■
9334C
1
*6-10*
$1.12'/2
(quar.)___j
7-1
v=6-10'
$1
;';J6- 1
"75c
-6-10
;;
&
7-
'
.
5-20
*
,,5-11,
.
L L 5- 5^
10a
5-25
10c
5-25
>4c
5-25
8c
5-25
9c
5-25
9c
7c
3c
5r25
5- 5/
]5c
5-25
5-
7-2
6-30
Insurance
5-31
6-10
5-24
6-
5-20
Canada, Ltd.
$15c
(initial)
.
Metals
Oil
Mfg.
A
Co.,
(quar.)
80c
(quar.)
60c
;
(quar.)
5-28
1
5-16
6-27
5-20
6-
35c
Newberry
Initial
>
(J.
5-25
5-5
5-25
5-
10c
5-25
5-* 5
5-25
5-
10c
Industry
series—
5-23
^ ;5- 5*
.5-25
5- 5.
5-25
5- 5
f4c
—_j_
10c
—
series_
J.)
•
.
5
7-
$25c6-
5- 5
.
5- 5
;
6-15
1. '
; V:
'
—
c
5-25
•
.
50c
•
Ltd.—
5
5-25
-
14c
-
Company, (quar.)
Light & Power Co.,
5-25
•
9c
5-
5-25 : ♦—5-
Gc
series
5
5.
5-5
5-25
18c
13c.-
...
5
,5-5.
7c
Industry
Steel Industry series—
Newfoundland
-
5-5
5-
5-25
Investment Fund________„_
Industry
5,
5-
13c
series—
Equipment
Tobacco
5
5-25
•
series—
series
5,
5-
5-
4c
:
series
Utility
5,
5-
5-25
lOo
-
5-
5- 5.
5-25
15c
-
,
5-; 5
,
5-25
L 8c
series
series
Railroad
5-28
6-11
55c
f.
(initial).:
Co.
6-11
Fund—___—
Industry
series
Industry
Industry
Public
-si
(quar.)
com.
y.
Light Co.
Stock
Pacific Coast
.
1
Slock
—
series
Bonds
Railroad
50c
•
series
Merchandising
Regulator—
preferred
series—
Preferred
Machinery
9-20
10-
25c
;
Equipment
Industry
Government
.
series________
series
series.
Bond
Electrical
6-20
2
25c
^
Industry
Industry
Stock
Food
9-20
&
5-31
6-15
;
:
•
York
Diversified
6-20
2
Power
7%
Diversified Industry shares——
Diversified Investment Fund
5-14
7-
Development
5-31"
'
.
Building Supply Industry series—
Chemical Industry
series
5-15
6-15
.
4c
(quar.)
Minnesota
5-31
5-31,
5-31^
;;
6-15
J20c
quar.)__
(quar.)
Electric
Automobile
5-15
5c
10-
$4 preferred
5C
6-15
.
$$1.25
,
5-31.
6-15
50c
-
preferred, (quar.)
Aviation
5-19
(s-a)
37 VaC
Mining &
5-31,
15c
Inc.
*
6-14
(quar.)
Minnesota
5-25
6-10
(increased
>
.
4% pfd. ser. A (quar.)
Western Ry Co. (quar.)___
Stocks,-Inc.—
Agricultural Industry series
6-14
50c
37 %c
convertible
3.20%
5-31'
6-15,
lc
Corp.
preferred
Norfolk
Inc.
Corp of
6-15
3c
v
_".—»
.
State
6-15
2c
J
__v
Nopco Chemical Co.,
New
6-14
prior preferred (quar.)
prior preferred
(quar.)
Common
5-25
2
5-16
25C
all
(s-a)
Minneapolis-Honeywell
7-
5-14
•> 7- 1
75c
(quar.)
Co
Mining
5-16
Y.
>
.
7c
Chicago & St. Louis.RR.—..
prefeired A (accum)
; $3.75
.
8c
£_
series-;
Cordage,
Air
5
5-20
1
6-11
60c
quar.)
common
5-18
6-15
1
6-
$1.18%
(quar.)
Common
50c
:
____
N.
•
5'
5-27
.
5c
—:
;
_:
•
York
Y.
Bank
6-21
;
1 '
6-15
$1
$25c
_______
1
6-
6-
35c
15c
L,
Jersey Zinc Co. (quar.)
Mining Cs-a)
6%
11-17
r
25c
Corp.
preferred
Abrasive
Oil
Common
4-20
6-
6-1
25c
7
Co.
Machine
7-
714 c
11-30
,
(quar.)
preferred
Miller
;
1
6-15
6214c
_________
8-19
50c
5-16
________
8-31
Co
(initial
preferred
8%
5-16
1
(
N.
8-
6-15
.
estimates of
are
Park
New
i-
Products—
non-cum
Midwest
75-16
-
6-
30c
5-18
5-18
0-
10c
Special
5-31
0-31
»5-14
6-1
35c
$12c
5-2
5-17
8-
■
8-15
'
Jersey Power &;L'ght,„4%
New
New
Corp.—
Steel
Mid-West
3
6-15
7
New
6-15
1
8-15
'
6-15
•
Corporate
Airlines
Petroleum
common
8%
3
5-
(6-
;
_____
Bryant, Inc. (quar.)__
Lanett Bleachery & Dye Works___
Lansing
5-
1
25c
Lane
Lanston
1
6-
$1.25
;
common
(quar.)__;
H.), Inci (quar;)
(M.
85c
_
(quar.)___
preferred
Lamston
6-
.7$ 18c
:
5-31
$2
$$1.75'
_____
preferred
$1
New
5-10
6-10
v
■; $7 i4c
3
7-31'
1 L
6-
50c
4c
Fund,
Bedford
$4.50
pfd.
Midland
-
Sessions
&
5-31
$40c
2nd
5-13*
Oil
.
(this payment clears
preferred quar.)
$2
'
Lakey Foundry & Machine Co._
Lamaque Gold Mines. Ltd—
Lamson
Mid-Continent
8-25
.
5-24
(quar.)
convertible
6-15
$0.1451
Lake Superior District Power, com. (quar.)
•5%
preferred
(quar.) _______—;_i.
5%
5-10
,
;7- 1
35c
6-
$1.12Va
4%%
preferred (quar.)_
Michigan Public Service (quar.)
Mickelberry's Food Products, common
$2.40
preferred
(quar.)
12-21
1
____
New
8-15
47'/2c
shares
Nesbett
$1.12 Va
(quar.)
6-15'
5-13
7-
",. 53'/8c
__________________
(irreg.)
Stock
(Herman)
Extra.'
;
1
'
50c
.
series
series
Nelson
3
$1.12 Va
(quar.)
6-15
5-27
$1.25
shares
Oil
5-31
7
6-15'
>
distributions.
15
shaves
6-
5-25
50c
A
______
9-21
9-27
6-
____
class
Co.,
.
20c
Naumkeag Steam Cotton Co
Neilson
(William), Ltd., 5% pref. "(quar.)j,
Neisner Brothers, Inc. (quar.)_____
6-30
50c
Mid-Continental
Industries, common
preferred (quar.).
Laclede CJiristy Co. (quar.)_____
Lake Dufault Mines, Ltd. (interim)
Lake of the Woods Milling Co., Ltd.—
7%
preferred (quar.)___—_.
Lake Shore Mines, Ltd. (quar.)
&
(quar.)
1
(quar.)
common
Aviation
€-45* V-..5-3LJ
$5c
1
7-
5.-20'
'
1
7-
Chemical shares
6-20
1
10c
7-
(quar.)_
Building
6-
1
$1.08%
6-1
15c
(quar.)
Co;
Institutional
5-20
7-
12]/2c
$1.12y2
px*ef erred/(s-a)
sho\vn below
June
Income
.5-20
7-
5-27'
.
(quar.)_
Funds—
amounts
6-10
37V2c
Trust
the
6-30
:
.
____________
com.
(resumed)
5%
(quar.)
Institutional
Michigan Consolidated Gas—
$1.50
(interim)
The
5-20
1
97 Vic
;
6-10
12-28
7
National
6
6-1
$1.75J
.
6-22
60c
50c
6-
6-1
6-
35c
—
_____
.
Preferred
:
Midland
shares
(quar.)
(quar.)___
1
$1.12«4
conv.
^Common
B
;
10c
common
Transit
5-16
6-15
8IV4C
—
6-28
$1.12y2
France
•4%
Stem
Class
5-24
A.—
preferred
(quar.)—
Brewing Co
Bridge Co.-(quar.)
Mica Co. of Canada, Ltd.„_
5-16
6-
National
6-11
10c
Miami
5-14
60c
t$1.12'/2
t$1.12«/2
Co.
Co.,
preferred
preferred
6-11
2
Metz
6-13
$1.1214
2
7-
common
Corp.,
preferred
5-31
—.
____
Corp.,
Thermit
&
7%
5-25
____
1
7-
25c
Preferred
H.) & Company (quar.),
Mfg. Co.,
preferred A (quar.)
preferred A (quar.)
x4%% preferred A (quar.)
Kroger Company, common (quar.)__
6 %
1st preferred
(quar.) _-.
:__7_.
Kuppenheimer (B.) & Co.,; Inc.—
3.8%
6
6-
Fabrics
Tea
4V4 %
6-16*
r50c
—
National
5-17*
$1.62'/b
*
Metropolitan Edison, 3.90%" preferred (quar.)
4.35% preferred (quar.) I
15c
(S.
(quar.)
common
Corp
Scott—
partic. preferred
Participating
50c
4Vz%
4Va %
(s-a)_
Corp.
Textile
Metal
3
Kroehler
Reduced
&
pfd.
$3.25
,
6-15
6-27
,
5%
Co.,
Chapman
3714c
______________
1
(quar.)
6-15
.
,
$1.25
Standard
5-6
50c
62 V2 c
preferred
Telephone,
2'
•
preferred (quar.)
Paper & Type,
6
Metal
5-16
•6-
6-27
10c
60c preferred
(quar.)__.
Koehring Company
Kresge (S. S.) Company (quar.)__
Kress
•
1
5c
.
(quar.)
com.
3 •
6-30
7-
10c
_
,
Knudsen Creamery Co.
50c
6-
2nd
3'
9-
12- 2
«
'
Co.
__________________
Corp.,
(quar.)__
National
5-14
6-30
62'/2c
1-1-50
$1.75
u.
Insurance
Service
National
2
5-16
25c
.___
_
•Extra
6-
.
25c
1
.
(quar.),
preferred
6•
.
(quar.)__.
Mallinson
'
.
5-
;
3
20c
.___
12-
43%C
$15c
1
-
Accident
National
1
5-14
.
6-
...
1
•
6-3
7-1
10-
.
'
6-
Messenger
5-25
6-1
75c
.
—
9-
5%
&
Linen
4(4%
6-1
;
Kentucky, Utilities Co., common (quar.)
-4%% preferred (quar.)
u.—_____
Kern County Land Co. (quar.)__.
1
43%c
(Tenn.),
v
$i5c
,
preferred
7-1
$i5c
Co.—'
Life
:
National
6-15
1
43%C
(quar.)
6»/2%
preferred A (quar.)
Mersey Paper Co., Ltd., common
4V2 % preferred (quar.)
5-13
6-10
'
6-15
5-31
Oil
Merchants
5-13
6-1
6-30
6-15
1
50c
$2
5-30
1
$1
25c
—
5-16
1
7-
$50»/4C
Merritt
___
1
7-
7-
A
/'
—
Holdert
Payable of Ren.
$30c
B
1949
When
Share
class
(quar.)
Class
6-15
Meadville
&
______
6-
40c
6-
A
National
425c
Frontenac
Mercantile
Co.
5-16
$50c
(quar.)
'
Ltd.,
(quar.)
A
National Lead
5-16
1
12 >/2c
__________
6-25
1
1
A
Class
i
Co., Ltd.__—______—
6
7-
$1.25
1
5-16
6-
Co., Ltd.,'preferred (s-a)__
pfd.
Class
Corporation, common (quar.)__„____
$2.50 prelerred (quar.)_"___;
Mclntyre Porcupine Mines, Ltd. (quar.)
Mead
Corporation,
common
1_
4 V2 %
preferred (quar.)_
5-27
7-
6-
1
;
Hosiery Mills,
Class
6-
McCord
7-18
1
20c
Light—
13.80% preferred (quar.)
,4% preferred (quar.)
Kawneer Company (quar.)
Kayser (Julius)
6-
8-
'
,
6-15
6-
/
4-22
793%c
'
7% preferred (quar.)____
McColl
6
6-20
60c
5-28
,
1
85c
(quar.)_,
McClatchy Newspapers 7%
7% preferred (quar.)
6-15
1
(L. M.)
National
93%c
———
series)
(quar.)_____
Co., common......
(1947
6-
Name of Company
;»••.
5-25
6-10
75c
(quar.)
(quar.)
Manufacturing
,
25c
—
(quar.)__
convertible preferred
McBrine
6-15
6-
93 %C
(quar.)
Power
$3.75
11-10
6-30
dividend
City
1
$1.25
(quar.)
Kalamazoo Vegetable Parchment
Kansas
12-
5%
Refining
preferred
5%:
$1.25
—
Mills, 5%
Laughlin Steel Corp., com.
Stock
5%
McAleer
5-16
6-30
—
Oil
5-10
8-10
$1.25
pfd. A (quar.)__
Jewel Tea Co., common (quar.)
i
3%% preferred (quar.)___—_________
Johnson & Johnson
(quar.)_.
Johnson
1
—
(quar.)
A
Jantzen Knitting
1
6-
30c
-
Water
6-
30c
—
preferred
preferred
preferred
~9- 1
30c
(quar.)
Co.
i
Quarterly
Jamaica
25c
93 %c
(quar.)
common
Utilities
Fireman
Quarterly
Co.,
(quar.)__„
37V2C,
$12V2c
...
c
Payable of Rec.
6-10
Per
•
'
—
Monday,-May 23,
Holdert
When
25c
—_
Maytag Company (quar.)__
May Department Stores, common
7-19
.
CHRONICLE
Share
Master Electric Co.
(quar.)
preferred
Co.
FINANCIAL
Per
Ltd.—
Foundation,
&
Holder$
When
rer
,
COMMERCIAL
:
„
5-10
1
*
$1
Laura
Candy Shops
(Latira) Candy Shops
V
he Tourneau (R. G.), $4 preferred (quar.)
Lea
Fabrics,; Inc.
(year-end)
Leath & Company, common (quar.)
; $2.50
preferred
(quar.)
Missouri-Kansas
Class
$1
Co.
D.)
6- 1
5-
37 Wc
5-25
5-12
_
-25C
9;
7-
1
7-
1
6-
1
6-
1
5-16
50c
6-
1
:
preferred
Mitchell
Line,
Pipe
r
(J.
:
___.
-
& Sons
(quar.)
Cement Co.
Lehigh Portland
Leslie Salt
Co.
(quar.)___
(quar.)—
40c
Lexington Water Co., 7% pfd. (quar.)
Mbefcty Fabrics <N.'Y.) (quar.) u_________
Libbey-Owens-Ford Glass Co. (quar.)
Mitchell
(Robert),
Ltd.,
Lincoln
National
40c
6-
1
6-
1
Life
8-
1
7-23
11- 1
.,76- 1
10-24
7
Insurance
30c
(quar.)
7%
30C
Stores,
Inc.,
preferred
comraoa..;
(quar.)
1
5-13
$$1
7-
2
1 $50c
common.....
1
1
5-
(quar.)_____
capital_Jj__
Original capital
Original capital
'
Loblaw Groceterias,
Loblaw
>
Class
A
Co.,
1
6-
1
7
V
Class
2-21
6-10
5-24
9-10
50c
Morgan
3-10-50
6-
$2 5c
(J. P.)
&
Motor
Wheel
Lines
5-
1
6-
6- 1
,
125c
6-
2
5-27
t$1.75
2
5-27
t$l.75
.'"7-2
20c
6-
1
Oil,
37. VaC
66-
1
5-26
6-30
20c
5-31
40c
6-10
——
&
1
(monthly)__
$1
"
3
5-
5-31
Producers
Supply
Co.
(s-a)_^—__,
$1
$2
8% preferred (quar.)
8% preferred (quar.)
Angeles Transit
(M.)
&
7-
Murphy (G. C.) Company (quar.) _________
Muskegon Motor Specialties Co.—
$2 class A convertible preference (quar.)
--
5-21.
10-
;
1
6-20
1
1
6-
:80c
6-
50c
(quar.)
5-13
6-1
5-
6-30
6-13
5-
$1.06
7-1
+25c
7-15
6-15
65c
6-15
6-
J.
& M.
&
M.
Consolidated
Mackinnon Structural Steel
5% preferred
(quar.)
Mackintosh-Hemphill
Maclareu -Power
&
(s-a)
_______
-V y
■
Co.
__
Paper Co
___.
V2C
:=
<quar.)'_____
6%
Realization
7
20c
5-31
5-25
$50c
'
5-13
5-31
6-
4
5.
7
5-13
preferred
Alfalfa
5%
National
7%
Biscuit
National
National
; 5 %
Discount
5-12
5-31
Common
'25c
6-10
5-20
60c
7-15
6-
(s-a)
35c
1
.5-13
9-15
convertible
Co. of
National
Food
National
Gas
National
Grocers,
Products
5-21
40c
7-15
$1.75
Corp,
..
preference
,
J
5-28
5-12
I
5-12
6-1 7
$1.13»£»15c
<
6-10
6-4
.
7
15c,
;
Ltd.,
common
(quar,)_„
10-
25c
_
___:
5-26
>
-5- 4
: :
6-31
i
6-15
35c
2
7
1
5- 3
6-20
25c
c_J__________
6-15
■.
':<5- 3
_
$1.1244
: 6- 17 'Jdn 5
77:L'V' 77'.'-7 V
■
7,. 6-20
58c
;_L.:..
preferred
797V2c7y -<,7-
1
>,.:6- 3
'
6-15
"
Tube
Insurance
Co.
of
'
.5-20
•
6-
;
,5-10*
;
V
45c
*.
5-20
6-10
30c
6-10
$1.25
6-10
,-;
.
American
<
5%
Otter
5-31J
-
preferred
1
5-13
•:
7
2c
8-
.
6-24
..
__
v
'
6-10
90c
25c
6-15 /■
$15c
•7-1
r"
$1.12 Vu
Pacific
American
,
$1.50
pref.;
&■
Mfg. CotLu_ju__u_—_-_
preferred (quar.)
,___L 7,■
$5
Corp.
Gamble
Robinson
Pacific
Lumber
Pacific
Mills'(quar.|
1
1(
4
.7
Package
35c
of
California
(quar.)
lquar.)"7___j_juu_
Company_L_ —
Machinery
_
Pacolet
1
6-15>-
:r
6- IT,.
7-
.
5- 3
5-14
r ; '•
..-7%
-.»
1;.6-15
40c_ - 6-4 "7 5-10
25c:^5-20
Mfg. Co., 5% preferred
Page-Hersey Tubes, Ltd.'
1
5-18
Palestine
Economic
.75-16
,
76-1 7" 5-14
"'7 "" '$1 ' - 6-15. -v 6- 1
7.
40c -,76- 1
*"7 5-20
(s-a)•' 7 $2.50 " 6-15 -7 6- 7
1
6-
5-20
(quar.)___uj_J-;____i_J-
7-
6-15
6-10
6-" 1
.7,; 5r25
$1.25 "7
7 "
•
'f .7,-,
'
(quar.)_____________________;
37Vaa
Finance
6-
'
C-10
,77,5-16
-.7-:71
$$1.25
1 37'?4c7 '
90c
Investors', inc.—
Pacific
7
".6-10
4
7'
$37420"
Marine
Pacific
6-
6-17
5>-10
<yi,
$1.12Va- >54.,l "V7- .6-15
$15cj7 .77--,l, 4-., 6^-10
(quar.)
10-19
6-15
6-15
*
.
6-30
6-10"*
17
Co.-(Minn:)-,-common.
7-22
1
18-29 ;
■55'4c
.
(quar.^)OjjJ______,_7_Jr_^L_^'.7"
Paper,
5-13
1/
(reducedu__
preferred
Oxford
,.$150
*
shards
Tail Power
$3.60
5-31H
Canada—
6-
G- 3
; .75-16
America—^''7r■ j'vL'l 'j 7, v
Oswego- Falls Corp.f 4V2 %•• preferred (quarr.Vj
Ottatva Light, He&t & Powers Ltd.. commons
^.S-IO"
1
9-15
-
7- 2
$$1.75
Co
: 6- 4
.
:
1
6-
J25c
--
(quar.)___
5-20
-6-10'
.
5c (
:
5-12
J5-17
O'Okiep Copper Co., Ltd.—"...
6-18>
6-10
6-10
-20c
.
—
National Gypsum Co., $4.50 preferred (quar.)
6-1-
,
'
10c
;
_____
(quar.Ij_________L___.-_
-^5-10
6-
Participating convertible preferred (quar.) / • , $25c
'
7- 2 ;6-20
Participating convertible '.preferred (quar.)
' $25ciLO- 2- rtv 9-20
Ontario & Quebec
Railway" Co."(s-a)$$3 r
6- l-r:-^'5V 2
5- 6*
7-1
$1
+20c
$1.50
5-25
i
"
(quar.),
(quar.)
•
?
j
Quarterly
2„_7_Lr7_7__C_—7."' • 20c s
Industries, 4 '% preferred A (quar!)
' " 77 $1"
Corporation 7(quar.)
2^50c
;
Ontario Beauty Supply Co., Ltd.— !
"
.< v
; u
-6-7
-
6-15
12'/2C
•'
$1.06
(increased)
25c
20c
2_ 7.
-Company :(quar.l
Seamless
5.-20
7,6-21
Oliver
5-10
•
5-27
■
5-14
5-21
1
$121/20
common
•
$1.12Va
'
(ouar.)
1
7-1
•
.
Eleetric Corp.^__^^_____—_
Ltd.,
'<
5-16
5-12
6-
V>
Olin
,5-16
*
6-15
6-15
6-
2c
6-20
8-15
-25 c
i.__
5-10
$25c
5-10
1
"
i
,
9334C
___
6-
r
(quar.)__,
National Electric Welding Machine Co.-r-
&
3.90%
6- 1 "
5-2C
:
.
j$1.25 ,*'•
L——
CO
_____
'
*1
Lines—
7-2f»-
5-18
"
;.''6-10. .*'.5-^4
50c-7"
7
-.
■
Co._j
Qla .Line."Life
1
(quar.)___
:——
(quarl.)
6-24
8-1
5-25 '
r
30c
:
„
,._.J
7-15
Co.__121i:__f_i______L"7._7 50c
6,^15
Ohtbachs^Inc;, $2.25;'prefefrea7A-(quarL)_Lj ; L5644e:L 7;6rLlL
.11-23,
5-24
50c
preferred
1
$62VaC
,
L..r. $1
...
5-31
1'5-31
6-20.
.
(quar.) I—25c
Flour Mills,
Oil
6-20
15c
J $3.50
_
(quar,)..,
Commop _L—
Ohio
7
8-23
*12-12
.•
5-23
(s-a)
Ohio Power Co., 4*4% -preferred
(quar.)____
Ohio Public Service Co.—7h,■v.j
J
,
'
6-12
9-12
Co..
Co.
Co.
preferred
Outboard
7- 1
5-31
Inc.
common
Chemical
(quar.)
•
5-31
.
Corp.,
Drug &
Quarterly
Quarterly
9-15
62 '/2c
common™
(quar;.)
7-
$1.25
50c
7-
1
40-1
$$3
National
9-28
12-28 Jy; 12-15
•
12c
________________
preferred, (quar.)_____
Dairy Products Corp. (quar.)
5-26
35c
12c
_______
preferred
Ohio
6-16
i2c'
■yy.
_________—
Co.,
7%
i ;
__
%
5-16
Dehydrating & Milling—: /
preferred
6-10
$1.06 »/4
(quar.)
Oil
Ogilvie
6-28
$180
;
(quar.)
^___—
National City Lines, Inc., common (quar.)
$4 preferred A (quar.)
National Container Corp.
(Del.) .(reduced)National Cylinder Gas Co.," com.
(quar.)^__4
H
1
guaranteed
(quar.)
Service, commonL2LL__
(quar.)_22—
Pharmacal
Oceanic
>
5-16
CO
$1.50
(quar.)
Automotive Fibres,
25c
■
6-
$1.50
(quar,) ___________:
(quar.)___
A
Co
5-15
Extra
(Hawaii)—
(quar.) ______
preferred
National
■
6-15
10c
Masonite Corporation. (quar,)___
Massey-Harris, Ltd., common (quar.)______._
4-15
1
A
A
40c
Company
$1.25 convertible preferred
6-17
25c
preferred (accum.)
Marathon Corporation, common (quar.)____
f5%
preferred
(quar.)___i__
Mar-Tex
6-15
6-
$$1.25
Mallory (P. R.) & Co., Inc.1 (quar.)
Maltine Company, 414% conv. pfd. (quar.)_
Manhattan Shirt Co.
(quar.)
:
Manitoba;Sugar,
1
6-15
Co., Ltd.—■
Company (quar.)
Madison Square Garden Corp.
(R. C.)
7-
3
15c
Macwhyte
Mahon
$3
6-15
preferred
Acme
-
Lynchburg & Abingdon: Telegraph Co. (s-a)j
Lyon Metal Products, common (quar.)
Co.
preferred
National
2
£'444%
5-15
$1.50
Public
No-Sag
6-15.
'>
r
$1J7V2
Bancorporation
Spring
Nutrine Candy
*~L 1
.
-T
preferred, (quar.)—"
Norwich
r.
8- 2
..
.
?
(ouar,).
preferred
Ohio Match
(quar.)
National
6-16
88c
,6-15
50c
(quar.)___
preferred
4.8%
2
Inc.—
preferred' (quar.)
(Walter M.), Ltd
Ludlow Mfg. & Sales Co
preferred
6%
4.8%
4'/2%
5Va%
.
(quar.)___
4.8%
1
5-10
5-23
5-10
1
:
L
_
17a.
Insurance
Northwestern
L,
of America—
preferred
Mutual Telephone
4-10
1214c
:
Co.
6%
9-21
5-27
25%
Chemical
6%
12-23
6-13
/
Lowney
M.
Mutual
6-21
,
RR. -Co. ~(quar.)_.
Sons,
5-17*
•8-18
6-13
3T/2C
above
(quar.)—,
preferred -(quar.)
Northwest
5-31
35c
3
1-2-50
30c
Lines
& Nashville
Lowenstein
6-30
-
$2
82
(quar.)
Lone Star Steel Co. (stock dividend)
Long-Bell'Lumber (Maryland) —
"Class A (accum.)
Long-Bell Lumber Co. '(Missouri) (irreg.)
Louisville
6-15
5-31
35c
(s-a)__—
RR..
preferred
3%%
30c
•
Los
5%
:
9- 1
;
t
____
,
(accum.)__——_„
Carolina
Development
3
5-
;
Mountain
3
5-
Fuel
-
(accum.)
Refractories
Northland Greyhound
1C
Mountain
the
Northeastern-Water, $4 prior pfd.
1
6-15
6-10
59%c
(quar.)
Mining
6-15
$2.50
;
(quar.)
date .of
——
Northern Oklahoma .Gas. Co.
Northern States Power' Cd/ IWis.)—
v
6-22
i
•-
LL;.V'1
preferred
River
3
„5-31
L-{ / •/'
of
Pennsylvania RR. Co.. (quar.)
-North
6-
...
Investment.Corp.—.
American
r
5-14
35c
Inc
.b.eld)
North
5-14
y
common
shares
North
5-277
1
6-
7;
four
v
.
'
preferred
5l/2%
North
5-27
2
7-
2.
American
6%
5-10
7-
Aug.
North
5-10
7-
6
5••J
1
6-
Common (monthly)
8% preferred (quar.)
»
/
t25c
t75c
(quar.)
Company,
Corp.
Diablo
Mount
2-21
1
$ 1214c
Lone Star-Gas Co;
to
5-10
6-10
1
$1.25
Paper Mills, common
43/4%
preferred (quar.)_
Mosinee Paper
Mills
11-24
20c
(quar.)
Pipe Co., common
6-
each
distribution
7-
5-13
»
;
.
<
6-1
'
for
share
Kansas
payment was changed from July. 1 'to
Sept.Vl and Ihe record date from June 3
lc
(quar.)
Ltd.—
B
Lock Joint
7
$1.62 V2
Light
Note—The
5-25
5-25
6-1
(quar.)—
Morris
8-23
12-10
.
preferred
Moore-McCormack
8-23
11-24
50c
50c
5%
5-20
1
5-24
9-10
<•
$ 1214 c
/
5-14
5-14
>
12-10
750c
—
.
,
3-10-50
$1.10
$1.10
(quar.)
Inc.
Groceterias
4
American
1
'6-1
$1
North
6-
6-
50c
convertible
3
6-
$182Va
(quar.)
&
•7 5-31
$3
34%c
(quar.)
E (quar.)
preferred series A (s-a)_
Moore Corp.,. Ltd.,-common
(quar.)
4%
preferred
(quar.)___.
7% preferred A (quar.)
7% preferred B (quar.)
Moore-Handley Hardware Co., Inc., com—
,.5-10
6-10
$1.10
___
______
<quar.)___
/Special guaranteed (quar.)__
i
Special guaranteed (quar.)
.
6-
$1.10
,
Original capital
Special guaranteed
Special guaranteed
25c
:
..
5-31
8714c
original
pfd.
Power
5-31
'
6-10
-
5-16
.
.
j 6-30
50c
:.
1
6-15
>
(one
$8.50 par value, of
common,
6-
6-10
•
50c
—
Company—
5-25
<
r>0c
$S1
Ltd
liquidating distribution
new
6-24
50c
—
bVz%
American
Partial
5-2
••
$25c
J.—
Co
Society,
r
15c
*
Co.,
Tool
(s-a)
Loan
v$3.25
5-23
6-
■
Corp.,
American
North
5-15
i
Mining
Car, common (quar.)
$2 convertible preferred (quar.)_:
:'11-15
12-15
:• .J:/6- .1:.-'
"5rOC" 1 -6-9
r
Chemical Co., common
$3.25 preferred series A (s-a)
$4 convertible preferred series
5-23
6-
Machine
Mills
Inc.
Monsanto
5-12
$1
Little
RR.
5-2
7
North
6-16
6-15
$50c
$56c
Ltd.- (quar.)
Brewery,
Monroe
•
$1.75
Liquid Carbonic Corp., common
344% preferred (quar.)
Miami
:
•v
30c
:
Link-Belt Co.: (quar»)___
Lionel
Corporation
(quar.) j___
-
Monarch
7'7-' $1
Quarterly
Lincoln
Monarch
1
.5-25
-
Mills,
Carpet
6t
6-10
Life -Savers
(quar.)____
Mohawk
5-11
•V
6-1
8-15
75c
$.10c
6-
Ltd
Molsons
$1.75
Normetal
5-13
$1.25
Containers,
Modern
5-23
12V2C
-
Corp;
Liggett Ss Myers Tobacco
6-15
Newport News Shipbuilding & Dry Dock Co.
Niagara Lower Arch Bridge Co,, Ltd. (quar.)
Mines, Ltd.Mquar,)._—-
$50c";
Noranda
5-27
1
Ltd
Co.,
1
5-27
'"A
'
5-10
:
6-16
6
.
Lees (James)
6-16
'25c
(quar.)
common
(quar.)
S.)
6-
6-11
25c
(quar.)
common
(quar.)
Utilities,
5-20
35C
5%
6-10'
3714c
(quar.)
B
Missouri
6-10
6214c
.
_—.
(H.
15c
I'AC
Mississippi Glass
5-21;
:
_____—_____
Lee
.7
,5-31
Secord
See Secord
Corp.
(quar.)_j____—_
7-
$1
1
5-25
,
6-15
5- 4
Yolums
THE
Nurabsr 4805
169
When
Per
COMMERCIAL
&
FINANCIAL
Holder1
Eastern
preferred
4%
Paramu.au
Parker
Pipe Line,
(quar.)—_
Pictures
Pen
Co.
Co.
6-15
6-24
6-
50c
5-27
5-16
Peabody
5%
5-20
1
5-20
$1.06 >4
6-
1
5-20
Rockwell
6-28
6-17
Rockwood
Peninsular
50c
Common
(quar.)
$1.32
preferred
cum.
5-31
1
5-20
1
5-
2
1
5-
2
6-14
6-
7-
1
6-15
10-
1
9-15
1-1-50
12-15
8-15
66-
8-
5
25c
11-15
11-
5
25c
2-15-50
2-
3
Perferc
Machine
Extra
&
5
5
Saco-Loweli
2-15-50
(The)
Extra
6-15
6-
)
St. Joseph Water, 6% preferred
St. Louis-San Francisco Ry.
6-21
6-It)
1
—
preferred
4.30%
6-10
5-31
G-
1
5-20
50c
G-30
6-10
iquar.)
30c
—
b-10
6-30
6-
1
Sears
e-30
6-
1
Secord
Water
Co.,
Pittsburgh,
Co.,
6-
1
inc.,
Lake
preferred
1
$1
10c
15c
53J. b C
6-
1
5-11*
5-11
,
5-
5-12
$1.50
$1.25
i
(quar.)
.
C-20
6-
1
5-14
$2
6-
1
5-17
0-
1
5-17
$J.75
6-
1
5-20
7Mc
5-31
5-24
1
5-14
Pcrtsmoutn
37 Mc
C-
1
5-14
35C
6-
1
5-14
(quar.)
Power
prefeired
,'
Fowtr
America
Electric
Potomac
3.60
of
(quar.)
Co.
iquar.
/
(quar.)——.—
—.—«
Corp. of Canada, Ltu.
Prentice-Hall,
Pressed
—....
—
...
of
Co.
Service
(resumed)
com.
Co., Ltd., 4% pfd.
of Colorado—
4'/4%
preferred
preferred
ts-ai__
Service
Electric
dividend
Public
Service
3Vi%
Co.
of
preferred
Service
Pure
Co.,
common
Extra
5-10
_— __
(quar.)
7-
1
6-
6
6-
1
5-13
6-
1
5-13
6-30
6-
1
Co..
preferred
—
preferred
Electrotype
Oil
7-
1
6-10
Common
5-16
3
¥ 2C
50c
—_—
%
Hosiery
Mills,
6-
1
Iron
Carpet
2
South
1
Pulp
Co.,
1
5-14
Southern
9
5-19
Southern
6-15
5-24
Inc.
(quar.i—
& Platinum
Works
Advance
Bag
Lines
&
Reliar.co
Manuiacturing Co.
prefeired
(quar.)
3V2.%
A
(111.)
(quar.)
T
Class
Republic Insurance Co.
Republic Investors
0%
(quar.)
67r preferred B (qu?r.)
Republic Pictures Corp.—
$1
convertible
preferred
6%
prior preference A
preferred
(quar.)
1
6-
8
r
6-15
Southwestern
7-
1
6-15
preferred
Life
Revere
(quar.i
9-15
Southwestern
Public
Service,
in-
1
9-15
Southwestern
States
Telephone
5-25
5-10
Sovereign
8-
7-15
Sparks-Withington Co.—
6%
convertible preterred
Investors.
3.60%
Rheein
(R. .".) Tobacco—
preferred (quar.i
preferred
(quar.i.—
Manufacturing Co., common
2
7-
2
6-10
Sperti Foods,
5%
7-
1
6-10
Spiegel,
$4.50
4V2 %
preferred
Spencer,
7%
7%
1%
7%
Dry
6-
1
5-10
$1.31'/j
8-
1
7-11
7-
1
6-10
$4
7-
1
6-10
$4 preferred A
40c
$ 1.12 y2
6-15
5-26
6-
5-10
1
Co.—
Richfield
0:1
Corp.
(quar.)L
Paper Corp.
(quar.)—Roan Antelope Copper Mines, Ltd. (interim)
6-15
1
fe-15
7-
1
6-15
$1.75
Riegel
1
10-
11.75
—
7-
$1.75
.10-
1
8-15
(Detroit)
$1.60
Standard
30c
6-10
6-
6d
6-15
5-18
5%
preferred (quar.i
Standard-Coosa-Thatcher
Chemical
Co.,
Co.
5-17
5-16
6-
1
6-15
6-15
6-
I
6-
1
1
5-10
1
6-10
6-
6
5-20
$1.06'/4
6-
1
5-J 8
25c
6-10
5-27
25C
6-
5-16
Corp
2bc
(s-ai
—
•
■
8-10
11-to
6-15
5-31
$1
1
5-13
7-
1
6-21
62 y2c
iquar.i.-
iquar.i
Corp.
6-
e2'/2c
7-
1
6-20
10-
1
9-20
30c
pfd.
5-26
5-16
6-10
5-25*
.
Co.
62',2c
25c
(quar.)__
9334C
...
2
b-10
6-10
5-20
7-
66-
1
5-18
$1.25
C-
1
5-16
5-31
5-1.4
+
50c
50c
5-31
5-34
$1.25
6-15
6-
25c
6-
1
5-17
25e
6-
1
5-17
Inc.—
—— —
—
America
(quar.)
50c
(quar.)
Ltd., class B
Corp.
Cos.
1
5-31
6-10
+25c
iquar.)__________
4-30
C-10
5-17 '
20?
_______
5-31
7Cc
(qmvr. )_;__
iquar.)
Coal
1
+
Circuit,
iquar.)
of
5-10
65c
$1.12 y2
——
5%
6-10
5-24
of
Madison
25
Electric
&
Gas
held.
shares
to
5-31
6-
1
5-31
50c
6-
1
5-31
17 '/2 %
7-
5
5-24
7-
5
5-24
f
a
(final)
a2
Pacific
(Seattle)
Co.
Insurance
',2 %
—
$5
Quarterly
U. S. Casualty
U.
S.
U.
Finishing Co.,
U
preferred
S Hoffman
414%
S.
1
5-16
1
5-IO
5-10
$1
7-
$1.75
7-
1
5-10
SI
7-
1
6-10
$1.75
7-
1
6-15
(increased quar.)
iquo.r.)
1
Machinery CUrp.—
participating
Lines
5-17
66-
(quar.)
Gypsum Co.
7%
iquar.)
common
5-27
22 Vic
62 v2c
(s-a)
preferred iquar.)
preferred
S.
U.
Company. 45c conv. pfd.
convertible
4-27
1
Ltd.—
Co..
registered
Extra
United
.;
6-
53C
preferred (montnly)
preierred (monthly)
Molasses
•
5-25
58 VbC
(monthly)
preferred
prior
5-31
——
prior
Ordinary
5-24
6-30
Co.
(Subject
approval)
F-IO
65C
Co.
IN.
preferred
J.),
preferred is-ai
Pipe 8j Foundry Co.
$1.0% j/4
(quar.)
iquar.)
common
4V2%
5Cc
—
22 ',2c
1
U.
S
6-
1
5-10
6-10
5-27
7-
6-15
1
75c
S.
Potash
S.
6-
1
5-16
6-
& Lithograph
Co.,
common..
Rubber
non-cum.
6-10
5-13
United
Steel
1
5-21
United
Stores
6-15
6-
United
Wallpaper,
5-25
5-13
7-
6-15
Universal
Corp.,
$4.20
Inc.,
Consolidated
5-25
Universal
Insurance
8-
1
7-15
Universal
Pictures
l
7-15
6-
6
5-27
6-20
6-10
3
5-23
6-15
5-13
6-
1
4-29
6-
1
$1
7-
1
1
5-16
7-
1
6-15
c
6-
1
C-10
5-16
6-10
Y 5~™
4%
Oil
4
V'4 7o
5-
6-15
5-25
trfc
2nd
6-30
6-15
6-30
preferred
Upper
5
6-
3
5(C
7-15
7-
i
50c
5-25
5-19
31
5-25
5-10
50C
preferred—
pfd.
Co.
(quar.)
(quar.i
25c
6-
1
5-13
$1.065/4
6-
1
5-16
Inc.—
< quar. 1
6-15
6-
22V2c
6-
1
5-14
i-'.ic
25c
Winding Co., commop..;
preferred iquar.i—
Canada Mines, Ltd
convertible
90c
5-16
1
c-10
GOc
Co
Co.,
e-
$1 50
Ltd.-
Corp.,
8-
5-16
1
56 V4C
t
6-
6-
$2
5-25
1
6-15
6-15
S.
5-16
6-
6-15
1
$1
preferred
1st
1
7-
62',2
1
6-15
11-30*
7-
75c
iquar.)
Co.. common
6-15
1
12-20
?5c
—
preierred
S.
8-31*
5GC
iquar.)
Co
Printing
5%
5-31*
5-31
50c
Card
Playing
S
6-20
9-20
75C
___.
6-20
75c
(quar.i
Quarteily
Quarterly
Spring & Bumper Co.—
4 V2b
preferred iquar.)
U. S. Steel Corp., common (increased)
U. S. Truck Lines, Inc. (Del.)
1 s-a)
1
tlOc
•
8-15
11-15
pld
6%
5%
pfd. (quar.i
preferred (quar.i
Corp., Ltd., class A
Co
each
prior
6%
U.
8
40c
common
1
$1.75
(quar.
Co.
Improvement Co. (The)
is-a)__
Light & Railways Co. (stock div.i—
United
U.
6-
6-15
7-
—
share
7%
6-15
30c
2
6-
——
SEC
6-
6-13
7-
40c
iquar.i
Association
Theatre
Biscuit
One
7-1
:
6-15
25c
+
4 l2%
E
United
6-15
5
1
6-25
25?
5-14
6-
6-
6-15
5Gc
—
Corp.,
Electric
U.
1
87V2c
(quar.)__
5-11
1
Gas
U
f$1.25
Ltd.,
3
75c
Co
Car
United
7-13
6-
3614c
_
(quar.i
preferred (quar.)
Cap & Seal Corp.—
pref. (cuar%
5-25
6-
G-
C-
3
5-
Universal
conv.
6-15
5-11
California—
Lines,
United
U.
Standard
50C
1
Co.
3
iquar.i.
Forging
Rubber
&
of
94c
Insurance
b-
93:!4C
common
Steel
St
Corporation.
1
Co.—
iquar.)
common
5-11
Corp.
Co.
40c
Accident
1
75c
Elastic
1
$1
Manufacturing
Standard Brands,
$3.50
66-
$1
s
(quar.)
prefened
Standard
$1.75
preferred (quar.)
preferred (quar.)
2nd preferred (quar.)
2nd preferred (quar.)
1st
1st
E.i
(A.
Common
C-15
6-15
25c
prij.erred (quar.i
Staiey
Oil,
13c
(c-a) —^
iquar.i
1
6-
$1.75
_
Si
$1.12l/2
iquar.)_
Springer Sturgeon Gold Mines, Ltd
So.uibb & Sons, common (quar.i
90c
(quar.)
Inc.
1
6-
5jc
40c
preferred
conv.
25c
.
(quar.)—
Goods
Inc.,
Products,
6-
6-15
____
50c
12V2c
Sons. Inc. iquar.i
conv. preferred (quar.i
&
5-16
6-15
«—^—___
Unit, Inc..
United
$1.37V'2
Sports
$3.75
Rice-Stix
Kellogg
6
$1.75
RR.
United
$1.371/2
(quar.)
5-
4-20
1
G-15
comiinn...
United-Carr Fastener Corp.
8%
(quar.)
0-24
6-
25c
(quar.)
Extra
10c
1st preferred
5%
1
3c
——
preferred
United
$1.50
(ciuar.)
6-
5-<14
1
25 c
v;
1
20c
(quar.)_
b-x5
25C
8-15
6-
50c
Speer Carbon Co..
7-
Reynolds
4.50%
Co.
0*
$1.35
ts-ai___
Extra
common
4
5-
6-
c
4uc
%
Artists
5%
5-13
9-15
7-15
5-
5-16
2.1
—
Inc.,
Salle
La
Tank
United
—
Inc
preferred
2nd
.
5
1
1
5-28
J50c
17V2c
Spear & Company,
5%
5-16
6-15
40c
$ 1.12 v2
Copper & Brass, Inc.. common.
preferred (quar.)
5',4%
5-17
1
6-
6-
112 V2 c
(quar.)
(quar.i
Amusement
5-16
6-
$1.25
«
(Texas)
Insurance
1
6-10
5-31
$1.06y»
iquar.i
preferred iquar.)
loc
35c
25 c
United
1
$1 25
(quar.i
common
10-
25c
5-11
iTtic
Quarterly
4Vi '.b
$1.50
(quar.)—1—
5-14
4-26
1
50c
Co
Air
o-15
Union Gas,
Gas
Aircraft
$1.20
non-cum.
&
United
5-13
Southern
5-16
preferred A (quar.)——
Union
6-15
i4uai.;
5-14*
G-
;—
Mills
United
$1
25c
Republic Steel Corp., common
$3.75
5
7-
7-15
6-
5-1(5
(quar.)
Inc.
6.36%
5-26
1
5-31
75c
iquawt
common
City Fourth
1
6-30
6-
'7-2
(The)
Ltd.
0:1
6
5-31
5-16
25c
Co..
Asbestos
5-31
7-
6-10
56-
1
10c
preferred
On
&
Fr.ir
Union
7-
$1.12', 2
1
6-10
6-30
6-
25c
(accum.)
2nd
6%
Williams
fc
Underwood
5-21
5-13
5-17
U'/2C
!
Universal Insurance
Uarco,
5-13
1
1
6-
5-27
1__
Quarterly
6-13
8
1
1
6-
5-14
G-33
37 Vc
(quar.)
Ltd
Share—
Cotton
Soutn
208
7-31
preierrea
1
15c
y 5c
—
City Rapid Transit.
Twin
50c
non-cum.
6-
3 7','2?
Mines,
& Greenbush
Tudor
28y2c
5%
5-14
Quarterly
5
iquar.)
1
.
(quar.)
Bearing Co
Edison. 4'A7c
preferred
Oil
Troy
7-
common
5
6-
Roller
Trinity
7-31
6-
8-
Trico
28c
Railway Co.,
5
5-25
—___
preferred
Toledo
27c
(quar.i
811-
6-15
____
Water Associated
7%
6-15
7-
6-
4-20
1
11-15
5c
preferred
Crnl
Stores,
Timken
$4
1
15c
5-20
1
6-
2oc
preferred (quar.)
Tide
5
1
25c
_.
(accum.)
4%
5
7-
1
6-10
6-
5-16
5-26
31V4C
preferred iquar.i
Thrift
5
7-
Inc.—
7%
6-
15c
(Texas)
Fund,
preferred A (quar.)
12-10
1
1
8-15
1
Thomaston
5-
30c
Extra
12-20
6-16
76-
31'Ac
—__—,
Thompson Products,
6-
J27c
(quar.)
9-10
5-18
1
5-27
J75c
(s-ac
-
Power,
Shovel
Thew
5-31
+5c
A
9-20
6-
$1
Corp
Gold
Fo.ir—See
6-30
Gas
12-15
56c
Inc.
Extra
The
6-30
Natural
9-15
12-31
25c
iquar.i
Pacific
Texas
50c
Southern
5%
Extra
1
6-10
6-15
9-30
$1.25
50C
Tennessee, Alabama S: Georgia, Ry._.
Teria Haute Water Works, 7%
pfd.
30',2c
87 Mc
Ltd.,
(quar.)
6-
6-20
6-30
$1.25
2
6-15
uc
$1.25
preferred
Bond &
preferred
1st
7%
7-
zoc
_
5-
7-1J
5-20
Fenn, 4.32% p»a. (qu.r.)—.1
& Carson (Canada), Ltd.—
Telluride
'6-1
common
5%
—
_
common
&
Te.ephone
; 7-31
Southern
inc.
Teck-Hughes
50c
¥5c
Coventry
Class
Inc.,
5-16
7-11
I
common
common
Technicolor,
5-16
1
2
1
h«
6-10
.
Pearson
$1.12'/2
+28c
Remington Rand,
$4.50 preferred
Renoid
(quar.i
preferred
1
6-
8-
—
iquar.i
convertible
Paper—
Ediscn,
(quar.i
11-15
66-
5-20
5-19
Corp.,
6%
5%
Class
30c
(quar.i
California
preference
1
9
6-10
15c
Die
Tay.or,
participating original preferred (quar.)
cum.
preferred
(quar.).
cuni preferred
(quar.)_^
5%
Inc.,
Tampax,
(quar.)
preferred
convertible
12-
9
5-
40c
(quar.)
4.56%
t40c
5-
12V2c
(quar.)_
non-cum.
5-16
1
1
31V4c
•
(quar.)
Greyhound
preierence
$1.60
1
66-
75c
convertible
8-15
6-
&
Union
10c
Co
4.48%
5-16
1
Co.,
Oil,
1
6-
2oc
i
(quar.)
5-31
1
6-
6-10
15c
1
1
6-15
$1.05
7-
9-
1
87y2c
$1.I334
6-
6-
50c
4.88%
J40c
6-15
2oc
iquar.)
Transit
Syracuse
5-17
5-25
(quar.)
preferred A (quar.)
Gold
Bend Lathe
Southeastern
C-
J40c
5-17
5-18
u.
Taggart Corporation
ior
Co.
American
6-
(quar.)
1
1
5-25
4.32%
preferred
66-
1
U5c
4%
2nd preferred (quar.)
Sylvanite Gold Mines, Ltd
Symington-Gould Corp.
__2.—
1
6-14
iquar.i
6-15
Mills. Ltd.
preferred (quar.)
6-
6-14
(quar.)
preferred
6-15
non-cum.
C-15
5-19
(quar.)
6%
1
Knitting
1
50c
1
non-cum.
1
6-
50c
7-
$1.60
6-
6-15
Co.—
7-
$1.60
6-15
G-
(quar.)
5-16
,
Sons
$1.25
Regent
1
50c
$1.75
tqu..r..
6-
6-15
(quar.)
(quar.)
A
6-29
6-15
97J2c
(quar.)
prd.
7-29
6-15
iquar.)
com.
preferred
43V,
5-30
$1.50
preferred
Stores,
6-10
60c
57t
Owl
2
6-30
$$1.1?V2
iquar.i___
7%
Red
7-
t30c
iquar.)
Sound view
9-
15C
(quar.)
common
&
&
convertible
$1.25
1
1
50c
(quar.)—..
5-13
50c
Corp.,
7-
3 7 y2 c
(quar.)
prefeired
1
30c
L.i,
10-
South
6-
$2.50
Steel
preferred
(T.
93-%c
5-20
6-17
54l4c
common
6-
5-20
1
t$ 1.25
.-
t
Oil
6-10
1
7-
25c
iquar.)
(quar.)
iquar.)
Sonotone
6-15
6-
62J/2c
iquar.)
common
preferred
Socony-Vacuum
1
5-27
25c
25c
______
Co
4'2%
preferred
4.20 %
4V4 %
1st
non-cum
Steel
4-14
6-
5-16
6-14
25c
(quar.i
preferred
6-10
6-13
5-26
50c
preferred
(Alexander)
Smith
5-16
6-24
25c
—
iquar.)
red
Tool
Swan-Fincn
5-25
4-14
Co.—
2
35c
__
A
c.ass
5-25
7-
25c
(quar.)——
Co...
Company
4
2
6-15
5-26
t25c
Quarterly
Quarterly
4
5-27
5-25
$25c
Co
5-
5-
5-25
7-15
(quar.)
6%
preferred (quar.i
Sunshine M nihg Co. iquav. 1
Taylor
C-10
Textiles,
Drug
Transue
Inc.
5-
Ray
Ta.cn,
4-22
5(JC
prefeired, (quar.)
Company, cunimon (quar.)
Superior
6-10
& Cca, c%._
preset
Sun
5-18
.
5-25
$$1.75
City Gas & Electric Co.,
preferred (quar.)
1
1
6-15
$1
iquar.)—
Canada, Ltd.—
3.90%
1
G-
6-15
$1.50
0-
5-31
1
6-
5-18
Inc.
Stem
Oil
4-22
2%
Supply Co.____
preferred
S3.75
Extra
C-
C-15
1
25c
Co.,
&
Singer Mig. Co.
/2
b-
6-10
$1.25
<quar.)_
Ltd.,
2oc
Reading Co.—
Silk
Saw
9334c
(quar.i
Real
Simonds
Smith
1
9
31V4c
(quar.)
(quar.)
pfd.
4%
of
& Son, Ltd.,
Sloss-Sheffield
t25c
pfd.
5%
preferred
convertible
Skelly
GOc
(quar.)
334 %
Corp
Co.,
redeemable
Skilsaw
$1.50
(quar.)
common—
334'b
4%
4'/2%
Simon.(H.)
5-16
5-18
7-
+4Cc
5-31
6-10
6-10
(quar.)
(quar.i
Sun
5-31
6-10
(quar.;__
(quar.)
$1.25
C-10
tqu<*».)____—M_
Storimne Furniture Corp. iquar.i
Stowell Screw Co., Ltd., c.ass A
Struthers Wells Corp.—
Americr.—
Company
(Franklin)
&
5-16
1
5-
1
$15c
1
6-
1
10c
Extra
5%
5-12
6-
+39c
(quar.)
Ltd.
6-15
40c
Quaker Oats Co., 6% preferred
State Oil Refining
Quebec Manitcu Mines, Ltd
Quebec Power Co. (quar.i
Ray-O-Vac
8-10
11-10
40c
Co.
iquar.i_
(quar.)
$1.25
tquar. )„
Quaker
Packing
Silknit,
Simon
1
1
25c
Power
Simmons
1
9
6-10
25c
(quar.)
Signode Steel Strapping Co., common iquar.)
5%
preferred
(quar.i
5-31
1
9-
12-9
7-
20c
tquur.j
iquar.)
B
25c
preferred
Purina
B
5-19
9-
50C
.
— ____
Purity Bakeries Corp. (quar.)
Rath
6
6-
25c
B
Co.
Co.
Royalties
Class
45c
—
conv.
Rapid
6-
Class
6-30
1
6-15
31 \aC
Breweries, Ltd. (ou-u.)
Sigma Mines, Ltd. (Quebec)
S.gnal Oil & Gas, class A (quar.)
87 %c
(irreg.)
com.
Hampshire
cf
preferred
66-
35c
(quar.i..
Indiana,
(quar.)
Ralston
1
6
12-
t$2
Corp.
convertible
Signal
9-30
12-31
50c
Sick's
Sioux
(quar.)
Inc.
5%
7-
6-
Co.—
Gas
&
of New
Co.
Pullman,
Oil
6-30
5-14
$ 1.06 V4
;
preference
Sheraton
Simpsons,
(quar.)
Public
1
$1.10
(quar.)
4.40%
$1.40
6-
25c
America,
._——
Blethers &;
Public
25c
6-
25c
Metals
Common
Pubiic
45c
15c
—
Common
Price
22 Mc
$45c
(incr^a.eu)
Inc.
2oC
5-14
+20c
Extra
7%
5-14
6-10
22c
&
Sherwin-Williams
$2.50
1
12'oc
Ltd
common
common
c.ass
Shelter Manuiacturing
Sherwin-Wiliiams
?7]2C
Corp.
(quar.)
Shops,
Corp.,
Pen
5-25
S1.37'/2
1
6-
4<ic
(quar.)
5-20*
1
6-
6-30
$1.25
(quar.)
Water
<W. A.)
6-15
0-
5-13
20c
Sheaffer
Plywooo. Inc. iquar.i
—
Company, c.ass B____
——____
$1.50 class A pref.
(quar.)__.._
Poor &
Steel
A
Shawinigan
1
$1.25
Pittsburgh, Youngstown & Ashtabula Ry.—
7%
preferred
Co.
class
1
5-28
5-13
1
15c
7-
1
1
6-
¥25c
a
G-
7-
Co.
Candy
Corporation,
7-15
6-13
&
Acceptance
Shenango Valley Water,
.
Pittsburgh & Lake Erie RR. (irreg.)
Pittsbuign Steel, 5% p-d. a (a^u.u.)——
5',2%
prior preferred (quar.)..
Potash
90c
6-
$1.25
Banknote Cj.,
preferred
(quar.)
Exit
7-15*
$2.50
(auar.)
Security
$1
1
t31'/4C
preferred
Co., 5%
(Dei.i
preferred "A
Serrick
8-
9lV4c
—
(Laura)
7-
1
RR.
Co.
Roebuck
5%
6
RR.—
Eric-
6% preterred (s-a)
C.
Pittsburgh Coke Si Chemical Co.—
$5
1
6-
5-16
1
6-
50c
(quar.)
Bessemer &
G-
lOC
___—
5-16
1
20c
—
(quar.).—...
common
6-
91V4C
common.
common..
preferred
Oil
Securities
....
____
Seaboard
5-27*
$1.07&
quar.)
(quar.)
Air Line
5%%preferred
5%
preferred
6-30
il
2ac
Suburban
conv.
preferred
87 >,2c
$3.65 preferred (quar.).
1
Phillips Petroleum CM. iquar..>.__
Pillsbury Mills, Inc., common iquar.)
$4
pxeferred
4',4%
5%
5-10
5-16
1
Co.—
(Initial
preferred
(quar.)
Scythes & Company, Ltd., common
Seaboard
5-23
6-13
85c
■.
3.65%
preferfed
6-15
6-
7c
62'ic
(quar.)
(quar.i
Manufacturing
5-13
5-31
25c
Pitney-Bowes,
Scoviil
6-10
2oc
Co
common
preferred
6-30
$1
—•
Brick
5-4
1
Association,
•_:
s-a)
6-
15c
Loan
Corp
Fisher
$3.40
2oc
(quar.)
Petroleum
&
Paper Co.,
6-10
25c
Pioneer
(increased
25c
Philadelphia Suburban Transportation—
Philadelphia
Ltd.,
(quar.VM
Co.
Remedial
/
50c
200
i
preferred
Si.25
1
Savage Arms
5-24
9
12-
Scott
5-27
6-
5-11
1
5-11
933'4c
each
common
Co.
preferred
4V2 %
6-10
$1.50
unereaseaj
ior
A
Spring
5-10
50C
(quar.
Stonega Coke
5-20
6-
75c
12-15
Sayre
6-15
1
6-10
$1.50
$125
5-13
-
7-
tSl.un
tquar.)
.
(quar.)
(quar.)
5-20
8
5-20
vtc
1
6-
5-31
B
Fuel
stern
b-10
A
preferred
Paper
Steel
Sterling Drug,
5-10
1
5-28
50?
1
9-
6-
—
7-
5-25
$1.12 va
9-15
conv.
(Ohio),
5%
5-14
$1.25
Francisco
Co.
5%
5-17
(quar.)
25c
_
1
1
vtc
$1.75
-
66-
A
4UC
Brewing
1
preferred
Regis
Oil
5-10
6-iO
—
eiecner-Traung Lithograph
5%
preferred (quar.)
1
6-
Class
State
5-20
conv.
$1.12 V&
7
b-
6-10
5%
San
G-
6-10
6-15
1
5-22
6-15
6-10
6-
5-20
—
b-20
.
6-15
1
20c
(quar.)—,—,
2
$1.25
1.
;
—
(irreg.)
Jersey
share
5-20
1
5-27
$1
(increased quar.)__
New
(for
preferred
Standard
2
6-
(quar.)__
6-
Company
I:rc
Exploration
6-
6-11
vtc
St.
5-18
6-11
A
5-14
5-28
Co.
(Ky.)
01
6-
is-oc
_____
(quai\i___
<quar.)_,
Standard Railway. Equipment Mfg.
13
preferred
6-
30c
5
conv.
6-
5
1
5%
$1
(quar.)
3 "2%
prefened (quar.)-if-Phelps Dodge Corp
Philadelphia Electric Co., common
SI
St.
1
5%
Company (quar.)..
—
Co. (quar.) —
(Charles, & Co.). common (quar.W—
Pfizer
1
40c
Pfaudler
Pfeiffer
55-
6-15
5-13
25c
Safway Steel Products, Inc. (quar.)
Saguena.v Power Co., Lta.. 4v4% piti.
1
6-
1
50c
1
$2
6-
37Vic
112 Vic
:
-
6-
3Gc
Paul
Petroleum
Shops
0-
56c
334%
Payable of Rvrf.
40C
...
iquar.i
-
Standard
6-15
25c
Roxv
3
5-11
6-15
1
26c
•
8-
1
1
6-
Co.
Co.
held)
•
7-
20c
(quar.
(quar.)
20C
■
(ql'.ar.)
pfd. <quar.)_
T/b
Gear,
Met?Is
Corp.
Oil
dividend
7-
5uc
___
2-
0-
6-15
(Indiana)
Oil
Stock
California
Stanley Brock, Ltd., class A
11-
"»
1
25c
8-15
$1.75
7-
$1
(qua-r./———
Corporation
Lead
Standard
5-13
25c
__
quar.).—;
$1.10
__
Permut.t
Peter
___——
preferred
4V2 %
Corp.-,
Perkins
(quar.)
Extra
Joseph
Standard
5-17
1
15c
Inc.
Industries
1
6
6-
Works—
tinitial
92V2C
(quar.)
preferred C (quar.)
—
Pennsylvania Engineering Corp.—.
Pennsylvania Exchange Bank <N. Y.i is-ai_
Pennsylvania State Water, S7 pfd. iquar.,i_
Pennsylvania Telephone Corp.—
$2.25 preferred
(quar.)
—
—
Peoples Telephone, common (quar.)
._—
Permanente
Ross
Rowe
12-
6-
$1.25
_________
Brothers,
12-15
preferred (quar.)
Corp. (quar.
of
Co.
Standard OJ Co.
$1.25
(quar.__
(quar.)
11-15
33c
(quar.)
—
Roos
Metal
common
Extra
1
$1.25
...
33c
preferred B
preferred
Art
New
9-
Share
Dredging Corp.—
convertible
3uc
tqu«r.)
33c
3.70%
4',2%
(quar.)
9-15
25c
i,
—
uomiuvn
Company, common
preferred A (quar.)
Ronson
6-
Standard
25c
«.
Company,
Haas
&
4%
6-15
25c
r_
Theatre, Inc., $1.50 preferred. (quar.)_
Royalite Oil Co., Ltd., new com. (initial)
Ruppert (Jacob) 4V2%
pid.
(quar.)
Pennsylvania Electric Co.—
4.40%
Oil
25c
—
Mfg. Co.____
preferred
Rohm
1
25c
———-
Forgings
Stanaard
prior preferred
62 l/2c
—
preferred (quar.)
$1 cum. preferred (quar.)
$1 cum. preferred (quar.)—7
$,1.32 cum. preferred (quar.)—.
$1.32 cum. preferred
(quar.)—
Cum.
Standard
1
series A preterred
62»/2C
(quar.)
Common
$1
$1.60
5-14
5%
62'/2c
(quar.)
common
5-iO
1
5%
6-
zoc
Telephone,
1
6-
5-17
20c
_
(quar.)—
6-
$1
5-31
6-15
J35c
Corp._.
;25c
8
31V4C
common
preferred
prior
Cement
(quar.)
(quar,/
6-15
*20c
—
6-15
Holder*
When
Per
Name of Company
G-30
;
iz
Holder*
Payable of Rec
j20c
Electric, 4%> pfd. F (quar.)
Corp.
Quarterly
Quarterly
5%
6-
Share
49
(2253)
Ltd., common
preierence
Ages
1
—
Co.
Co.,
Coal
conv.
Peerless
A
of
b-
iquar.)
(quar.)—,
Patterson-Sargent
CUass
Rock
6-
20c
Company
Rochester Gas &
20C
J5c
preferred
3
Name of
Robinson Little & Co.,
62V2C
—
Manufacturing Co., Ltd., com.
7 0
6-15
1
50C
Parkersburg Rig & Reei co., coiinn.ni——«
$4.25 preferred (quar.)———
——
Parmeiee Transportation Co. (quar.)——
Pato Consolidated Gold Dredging, l td.—
Paton
5-27
7-
SI
—
(quar.)
(qua?.)-—.-—,
Parker-Rust-Proof
Payable of Rec
75c
(quar.)_
com.
When
Per
.
Share
Name of Company
Panhandle
CHRONICLE
1
6
Utica
$1
6-
8
5-28
5%
62 'i?C
7-
1
6-20
10-
1
Knitting Co.. common
prior preferred (quar.)
5%
prior preferred
iquar.)
5%
prior preferred (quar.i
Van
Norman
4-29
Van
Raalte
6-20
Vanadium-Alloys
a2-y2c
—
Co
-
Steel
(quar.)
—
9-20
12-22
25c
f
Co
•
1-3-50
6-20
6-U>
5Cc
6-
1
5-17
75C
c-
2
5-13
62V5C
—
■
50
(2254)
THE
When
Per
Name of
Company
Share
Vapor Heating Corp.,
preferred
$1.25
$1.25
(quar.)_.
preferred
(quar.)
5%
preferred
(quar.)
________
l
Verney Corp.
Viceroy Manufacturing Co.,
Chemical
Co.
6-10
$1.25
b'/o
5%
Vick
(quar.)
bio
preferred
Vogt
Amulet
Walgreen
4%
\
Walker
(H.)
Warner
Brothers Pictures
$3
Warren
1
5-20
b%
preferred
A
5%
preferred
A
(quar.)
1
5-19
5 %
5-31
Western
5-31
5%
6-10
8-
1
5-13
5-10
6-11
6-15
5-16
6-
5
(S.
$4.50
D.)
Company,
preferred
75c
Wayne
(quar.)
&
1
6-
1
$1.13
3
Whttin
5-14
Wilcox
convertible
Wellman
6-1
5-16*
7-15
7-
1
Willcox
10-15
10-
1
5%
(quar.)
35c
7-
6-16
1
Fire
&
preferred
(quar.)
Insurance
Co.
50c
(s-a)
7-
$$1.75
Co
Snowdrift
$4 preferred
1
6-
$1
(s-a)__
Extra
6-13
6-13
&
.
(F.
4'A%
W.)
6-1
5-16
conv.
Company,
(J.
Wrigley
5-27
1
5-24
8-15
7-29
6-
1
7-
1
6-20
25c
10c
8- 1
5-31
7-20
5-16
I
10c
5-31
Niles
Wyandotte
25c
25c
10c
6-15
T
Worsted
Extra
&
Cab
(quar.)
5-16
5-31
Co.—
■
convertible
preferred
37'Ac
(quar.)
7-3G
7-20
6-1
Youngstown Sheet
Tube
(quar.)
$1.25
6-15
5-16
6-
5-18
Youngstown Steel Door Co.
(quar.)
25c
6-15
6-T
25c
6-
$l-.06-14-
7-
&
1
5-16
1
6-13
6-15
5-31
20c
6-10
5-31
$70c
6-30
5-16
$$2.50
6-30
5-16
SOne share of Madison Gas & Electric for each 25 held
a Less British Income tax.
25c
5-28
5-13
xLess 30%
.
preferred
1
$15c
common
STATE AND
\R-il
7-2
common
(quar.)
Bankshares
6-vl
K-15
62'Ac
(s-a)___
(quar.)
Wisconsin
6-
6%
6-15
7-2
Company-
Common (monthly)
Common (monthly)
1
„v
.
5-20
Jr.*
—_
Common (monthly)
5-15
5-24
6-
,
$1.12'A
$1.12'A
$3'Ac
6-14
6-15
4-22
...
a3%
Ltd._
Mines,
1
1
$1.25
5-1,7
6-25
6- 1
6- 1
(Wm.);
-
(quar.)
3
7-11
5-2
1
$25c
preferred
C.),
non-cum.
6-
25c
$40c
50c
.—-
1
6-20
7-
Yellow
j.
5%
5-14
6-8
66-
Wysong
(quar.)
5-14
1
b-
259
10c
.(quar.)
5-31
1
com.
75c
.
Ltd
5-31
5-31
6-
—
Canada,
Company
Wright-Hal greaves
■,
:
Co
G-15
6-15
7-
preferred (quar.)
prior preferred (quar.)___™__
prior
4'A%
5-24
•
Sewing
Winnipeg Electric Co.,
5-27
Governor
5-16
25c
31'Ac
(quar.)
Combing Corp of
5-(3
7-15
$1.20
5%.
(quar.)__.—
common
preferred
Woolworth (F. W.) & Co., Ltd.—
6% preference registered (s-a)
Worthington Pump & Machinery Corp.,
5-9
5-9
6-10
Industries,
conv.
Woodward
5-9
6-1
6-1
.
$1.12'A
5-16
6-15
6-1
12'Ac
Ltd.
Willson Products; Inc.
5%
Woodall
Gr 1
7-31
6- 1
Co.—
(quar.)__—_l___—_____
Steel com. (stock dividend)—-
(Alan)
5%
Light
(quar.)_
preferred
Woo)worth
50c
(quar.)
common
preferred
Wilson
5-27
Wood
&
Power
preferred
-—
Holders
Payable of Rec.
27'Ac
$1.50
90c
commcfti
(quar.)
6-16
7-1
.
25c
Inc
Works
Gibbs
Ltd..
$4.25
5-13
75c
r__
1
$4.80
87'Ac
95c
—
Machinge Co.—
convertible preferred series A (s-a)
Wilson
8-11
5-16
1
Co., Inc.—
(quar.)
Sugar
Co.,
&
Wilsil,
6-15
8-10
6-
20c
25c
Indies
Stores,
Wilson Brothers,
Engineering
Wesson Oil
Oil
20c
12'Ac
4'A%
Wool
$1.25
Extra
Company,
Wellington
Machine
5-14
Wisconsin
6- 1
f.I.:
8- 1
11- 1
,',2- 1
Power,
"-'Share
.•".<■
,
(quar.)
preferred
25c
Auto
12'Ac
Mills
t
Stationery—
(quar.)__
._
5-16
1
6-
35c
common
;
Knitting
Weeden
6-
(quar.)
3.60%
5-31
•!
Electric
6%_ preferred
&
preferred
White's
Petroleum Corp.
(quar.)
Waterloo, Cedar Falls & Northern RR., com._
Common
A
Tablet
Wisconsin
5-16
6-13 :
6- 1
6-16
$1.25
8-15
$1.25
11-15
$1.25 2-15-50
—
Name of Company
5-14
6- 5
.
6-20
When
Per
,
•
6- I
?
.
3.80% preferred B (quar.)_
Weston Electrical Instrument Corp. (quar.).
50c
Weston
(Geo.), Ltd.—
4'Aredeemable preferred (quar.)
$$1.12'A
W'hitaker Paper Co
50c
5-13
7-
preferred
Co.—
.
5-16
6-15
RR.
25c
Westinghouse Air Brake
Westinghouse Electric Corp., common
3'A%'preferred A (quar.)__
7-15
6- 1
6-10
25c
—
(quar.)
5-12
6-24
$50c
Warren
West
Pacific
6
(Nortliam)
convertible
4%
Western
(quar.)
(quar.)__
6-20
6-20
$1
:
Coke
&
6-
40c
Corp.—
preferred (quar.)
Coal
Holdert
i
$1.50'
17'Ac
50c .;
75c
—
Monday, May 23,. 1949
Payable of Rec.
Co—
.
Auto Supply Co.
Condensing Co
5-27
$40c
_________
common (quar.)—
(quar.)
Gooderham & Worts, Ltd:_
Virginia
Western
6-
20c
Company,
West
Western
When
,i
Share
1
(s-a)
(quar,)
5-14
37'Ac
<.
special guaranteed
1
62'Ac
(quar.)_____
Ltd.___
Jersey & Seashore RR.
6 %
West Ohio Gas Co.
6-
SOc
$1.25
preferred
Warren
1
.
Per
'
6- 1
5-16
$31'Ac
(quar.).
Corp.
Mines,
12-
6-
West
6-15
10c
(quar.)
Manufacturing
W'aite
1
12-10
'
4,\
1
9-
$1
(quar.)
common
6-
9-10
30c
_____
,___
Ry.,
6-10
,
CHRONICLE
FINANCIAL
&
Name of Company
1
U5c
___
Virginian
6-
25c
Ltd.__
Virginia Coal & Iron Co
Virginia Dare Stores, class A
Virginia Dare, Ltd., 5% pfd. (quar.)
Virginia Electric & Power, common (quar.)_
preferred
Holderi
Payable of Rec..
50c
common
COMMERCIAL
(increased).
(s-a)
Corp.
;
(s-a)
CITY
•Transfer
books
not
closed
for
this
dividend.
tPayable in U. S. Funds, less 15% Canadian non-residents'
tPayable in Canadian funds, tax deductible at the source.
resident tax
tax..
Non¬
15%; resident tax 7%.
Jamaica
.
(if approved),
Income tax.
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Anniston,
Bond
bids until June 6 for the purchase
Sale—The
18—v.
169,
$128,965 series
awarded
to
lanta,
2s, at
as
Courts
on
Co.
&
of
At¬
price of 100.774,
a
net interest cost of about 0.85%.
a
Dated May 15, 1949 and due on
May 15 from 1950 to 1959 inclu¬
sive.
Second
for 2s
high
bid
99.976
of
made by Gaines
was
& Co.
ARIZONA
Maricopa
County School District
(P. O. Phoenix)', Ariz.1
No. 21
Bond
Offerin g—James
E.
DeSouza, Clerk of the Board of
County Supervisors, will receive
sealed bids until 2 p.m. (CST) on
June 20 for the purchase of
$50,000
not
to
exceed
4%
school coupon bonds.
Dated Jan.
1950 to 1957 inclusive.
in
1966
to
1967
A
certified
Aotal
to
1968.
check
amount
the
$2,000 from
inclusive, and $4,000
and
of
County
Interest
for
5%
J-J.
the
of
the
bid, payable
Treasurer, is re¬
quired.
school
/
Hospital
in
1968
District
County (P. O.
Dinuba), Calif.
$250,000 hospi¬
tal
construction ; 1949
May
were
awarded
18—v.
bonds
169,
to
the
Bank
America National Trust &
Association
Dated June
of
San
1, 1949.
of¬
2150—
p.
County
ders to
bonds bid
Chairman Board of
required.
County (P.
June
on
Sale
Details—The
bonds
$104,by
purchased
Dean Witter & Co., of San Fran¬
cisco, as previously noted in v.
160, p. 2038—were sold at a price
[of 100.12,
<as
:$40,000
as
from
24,000
as
I 40,000
1
I
basis of about 2.26%,
..
2V4S.
J-?
,
Due
on
April 15
1950 to 1958 inclusive.
from
■
a
follows:
2V2S.
Due
on
April 15
1959 to 1964
as
23/4s.
O. Los Angeles),
Bond
Dated
terest '
County
April
$1,000.
inclusive,
Due on April 15
15,
1949.
Denomi¬
Principal and in¬
(A-O)
payable
at
Treasurer's
office.
the
Le¬
gality approved by Orrick, Dahlquist, Neff & Herrington, of San
-Francisco.
Bishop Union Elementary School
Dist., Inyo County (P. O.
t
Independence), Calif
X
000
not
to
—
exceed
school bonds.
Harold
J.
Denomination
June
1,
1950
$1,000.
1954
to
interest
Due
follows: $20,000
as
from
000
5%
Dated June 1, 1949.
on
from
inclusive, and $15,-
1956
the
at
to
1964
County
Bidders
Offering—Fay Lawrence,
County Clerk*" will receive sealed
1
$36,000
54,000
inclusive.
to
pay¬
the
check
for
bid
bonds
of
3%
for,
the
to
payable
Chairman of the Board of
Healdburg, Calif.
Sale—An
Bond
&
issue
improvement
awarded
on
May
America
of
Savings
of
bonds
to
the
18
Association
Due
Francisco, at a price of 100.018.
high bid of 100.114 was
Bl^th & Co.
Bonds
are
dated
June
15,
1950
to
as
June
$1,000.
15, 1949.
Due
on
follows: $10,000 from
1956
inclusive; $15,000
from 1957 to 1964 inclusive, and
$20,000 in 1965. Principal and in¬
terest
(J-D)
payable at the
City
Treasurer's
office.
Legality ap¬
proved by Orrick, Dahlquist, Neff
& Herrington of San Francisco.
Bond
bonds
offered
National
May
11—v.
awarded
to
sewer
169,
the
Bank
a
Calif.
bonds
Sale—The
offered
21/4s
&
1959
1961
to
high
bid
of
by
made
was
Co.
exceed
5%
registered
inlerest
coupon
divided
bonds,
city
1944
or
fol-
as
series C
15, as
$5,000 from 1950 to
inclusive, and $3,000 in
Due
plan,
June
on
1S59.
These
of
bonds
ized
the
at
the
election
to
1959
clusive,
issue
tion
and
bonds
held
the
on
elec¬
Dated June 15, 1949.
tion
$1,000.
est
Denomina¬
Principal and inter¬
(J-D)
payable
office.'
Treasurer's
the
name
pressed in
at
the
April
1
—
1949 and due
to
$6,000
31/4S
the
made
was
purchaser
certified check
without
.
Grand
charge.
for
$2,000, pay¬
able to the City Treasurer is re¬
quired.
Sevastopol Union
School District.,
Sonoma County (P. O.
Bond
gle,
Rosa), Calif.
Offering—Walter
County
Clerk,
Santa
school
as
bonds:
1950 to
v.
169,
from
1
1955
1959
to
60,000 park improvement bonds:
$30,000 iy2s, due on June 1
from
1950 to
1954 incljsive,
and
$30,000 13/4S, due
from
1
to
1955
on
tional
are
23,
bonds of
$153,000
series
1949 offered
on
to-
Williams of New Haven, as 1.70s,
price
of
100.32,
1.6636%.
1949 and due
100.18
Coffin
H.
&
on
for
basis
a
Dated
Jan.
of
15,
Jan. 15 from 1950
Second high bid
1.70s
was
made
by
Note
Commerce
school bonds.
0.859%
Due $12,000
July 1 from 1950 to 1969 inclu¬
Principal and interest (J-J)
anticipation notes
May
17
Authority,
Housing
Connecticut
y
Offering—John J. Ashton,
Secretary, will receive sealed bids
until
11
(DST)
a.m.
on
May
26
for the purchase of $694,000 series
M-3 notes.
Dated June 1, 1949.
on June 1, 1950.
The approv¬
opinion of Robinson, Robin¬
son & Cole, of Hartford,
will be
furnished to the purchaser without
Due
cost.
FLORIDA
County (P. O. Miami), Fla.
Bond Offering—E. B. Leather-
Clerk of the Board of County
Commissioners, will receive sealed
man,
bids until 9:30
7
for
the
to
the
sold
on
Bank
of
was
National
New
London, at
May 17,
1949 and due on Sept. 20,
1949.
Second
high bid of 0.95% was
made by Lincoln R. Young & Co.
01
discount.
Dated
(EST)
a.m.
purchase
of
bonds, divided
on
June
$6,420,000
as
follows:
terest
bonds.
1949.
Due
Dated
$100,000
on
Jan, 1,
Jan. 1
1950 to 1969 inclusive.:
from
1,200,000 not to exceed 4% in¬
terest
bridge bonds.
Dated
Jan. 1, 1949. Due $60,000 dn
Jan.
from
1
1950
to
1969
in¬
4%
in¬
clusive.
2,250,000 not
to
exceed
Memorial
terest
Jan.
Dated
on
Jan.
1,
as
Hospital
1,
1949.
follows:
$110,000 from 1950 to 1959 in¬
London, Conn.
Sale—An issue of $600,000
$240,000 not to exceed 5% interest
Dated July 1, 1949.
May
May 23,
on
/
Willimantic
bonds.
Burr of Boston.
New
Na-
dated
are
mature
1950.
Due
will
pre¬
park improvement
bonds not to exceed 4% in¬
169, p.'2150 —were
Day,
Stoddard
&
v.
—
awarded
of
a
$2,000,000
Darien, Conn.
Sale—The
sewer
a
and
1949
coupon
about
York, at
plus
100,000 notes to the Hartford Na¬
dated June
CONNECTICUT
at
New
inclu¬
1959
Second high, bid of 100.05
iy2s and $119,000 l%s,
or
a
net
cost of
about
1.713%,
was made by Boettcher & Co.
18
of
interest,
Dade
All of the bonds
May
Bank
0.90%
mium of $51.12.
June
1, 1949.
Bond
as
$1,772,000 notes to the Chase Na¬
sive.
B
—
ing
inclusive.
tax
sive.
1954 in¬
clusive, and $55,000 13/4S, due
June
18
Note
Building
His," due on
$55,000
from
1
May
on
2150—were awarded
p.
All of the notes
follows:
June
offered,
notes
169,
follows:
Colo.
$170,000 bonds
Administration
$110,000
Hutzler, at
tional
Bank
&
Trust
Co.,
Hartford, at 0.90% interest,
plus a premium of $3.
May 18—v. 169, p. 1930—
were awarded to Bosworth, Sulli¬
van
& Co. of Denver, at a price
of 100.058, a net interest cost of
1.671%,
&
Bros.
Stamford Housing Authority, Conn.
Note Sale—The $1,872,000 series
Dean
offered
receive
sealed bids until 2:30 p.m. (PST)
on
May 23 for the purchase of
on
Due on May 18,
The second highest bidder
$11.00.
,
Junction,
Sale:—The
Bond
Dated
1949.
Salomon
high
by
the
Co.,
interest,
0.91% interest, plus a premium of
bid of 100.242 for $27,000 3y2s and
of interest,
ex¬
multiple of lk of 1%.
Dahlquist, Neff & Herrington of
San Francisco, will be furnished
to
Second
to
The approving opinion of Orrick,
A
June 1 from 1950
on
inclusive.
1960
City
Bidders
18,
was
to
Trust
at 0.89%
premium of $13.00.
a
M-2
rate
a
the Bank
for $51,000
April 5, 1949.
on
to
Connecticut
Hartford,
plus
v.
inclusive;
at
of
awarded
were
—
Hartford
of America National Trust & Sav¬
$5,000 in 1967.
are
part of an
authorized
2038
p.
ings Association, of San Francisco,
as 3s, at a price of 100.178, a basis
of about 2.97%.
Dated June 1,
$10,000 from 1960 to 1966 in¬
These
awarded
Housing Authority, Conn.
$595,000 Series
May 13—v. 169,
Sale-^The
notes offered
1950.
1930—were
author¬
Nov. 7, 1944.
125,000 .1949 sewer bonds. Due
y
cn June 15, as follows: $5,000
1950
of
re¬
Woodland), Calif.
Bond Sale—The $33,000 school
bonds offered May 16—v. 169, p.
the
are
issue
j
from
is
Note
M-J
May
on
balance
Chairman
Willow
follows:
1958
the
Supervisors,
quired.
about
bonds.
on
COLORADO
lows:
$48,000
of
Calif.
Offering—Ralph S. Dodge,
Clerk, will receive sealed
11 a.m. (PST) on June
for the purchase of $173,000 not
to
April
check for
certified
Witter & Co.
Denomination $1,000.
$90,000
Board
Bond
1
A
for, payable to
City
p.
Kelseyville Union School District,
Lake County (P. O. Lakeport),
Bond
for
First
of
Holtville, as
price of 100.90, a basis
of about 3.16%.
3y4s, at
Second
1949.
held
ft%*of"the amount of bonds bid
to 1G69 inclusive.
Holtville, Calif.
$120,000
Sale—The
1930—were
National
bids until
Second
Denomination
from
1
Redwood City,
San
made by
of America
Feb.
on
election
Norwich
author¬
were
Spring Elementary School
District, Yolo County (P. O. {X
&
Weeden
Trust
of
inclusive.
1959
22,
1, 1949.
Savings Association of
Francisco, as 2s, at a price of
100.104, a basis of about 1.989%.
the
to
1
San
1949
National
May
on
Sale—The
Bank
Trust
$210,-
of
Due
at
the
$21,000 airport
bonds of 1941 offered on May 16
—v.
169, p. 2150—were awarded
the
Super¬
1
' Ontario, Calif.
;
Bond
of
visors, is required.
000
2y4s.
as
May
on
1953 inclusive.
from 1954 to
rate
amount
Trust
follows:
as
Due
1950 to
Dated May
Treasurer's
name
2.26%,
2V2s.
as
from
interest, expressed in a mul¬
tiple of % of 1%. 'A certified
*
Bond
basis of about
inclusive.
from 1965 to 1974 inclusive.
nation
an
101.71
Offering
payable at the County Treasurer's
ized
Ostly, County Clerk, will receive
sealed bids until 9 a.m. (PST) on
May 24 for the purchase of $250,-
was
Solano
County (P. O. Fairfield), Calif.
school
v
Calif.
Bank
Bond
V
of
1 from 1950 to 1969 inclusive.
000
Supervisors, is
Covina City Sch. Dist., Los Angeles
Savings
Benecia Unified Sch. Dist.,
for, payable to the
the
Savings Association
of
San
Francisco, at a price of 100.14, a
National
&
of
tified check for 3% of the amount
to
awarded
America
These bonds
of
O'Melveny & Myers, of Los An¬
geles, will be furnished to the
purchaser without cost.
A cer¬
of
of
office.
the rate of interest,
name
expressed in a multiple of 1/4
1%.
The approving opinion
Francisco.
Due
1969.
Principal and
(J-J)
payable
at
the
Treasurer's office.
Bid¬
1382—were
of
Tulare
fered
and
interest
able
Bond Sale—The
•
July
1, 1949. Denomination $1,000. Due
office.
Local
Dated
Principal and interest (J-D)
CALIFORNIA
Alta
bonds.
in¬
July 1, as follows: $20,000 from
1950 to 1967 inclusive, and $15,000
interest
1, 1949. Denomination $1,000. Due
on July 1, as follows:
$3,000 from
3958
not to exceed 5%
on
2150—were
p.
Bank
terest
380 improvement bonds offered
May
p.
of $390,000
Ala.
clusive,
and
$115,000
to
1969
from
inclusive.
1960
750,000 not to exceed 4% interest
auditorium bonds. Dated Jan.
1, 1949. Due on Jan. 1, as
lows:
1959
from
$35,000
from
inclusive,
1960 to 1969
and
fol¬
1950 to
$40,000
inclusive.^
;
Volume 169
THE
Number 4805
<220,000 not to exceed 3% interest
Tuberculosis
Dated
<
Hospital
July 1,
July
1,
from
1950
1946.
bonds.
Due on
$10,000
inclusive,
follows:
as
1956
to
and $15,000 ffom 1957 to 1966
inclusive.
.
'
.
<
.
Denomination $1,000.
and interest
Principal
(J-J) payable in New
Bidders to name the
York City.
rate
v
of
rates
interest,
ex¬
pressed in a multiple of % or 1/10*
of 1-9L
The approving opinion of
Mitchell & Pershing,, of New York
City, will be furnished without
or
to
cos;;
the
purchaser.
certi¬
A
fied check for $123,400, payable to
the Clerk of the Board of County
Commissioners, is required.
v.
•
GEOE3&IA
Atlanta, Ga.
v
;
Certificate Sale
water
May
16—v.
The $775,000
—
certificates offered
revenue
169,
awarded to R.
S.
2038—were
p.
Dickson &
Co.,
of
Charlotte, and F. W. Craige &
Co., of Richmond, jointly, at a
price of 104.92,: a basis of about
2,30%.
Dated May 1, 1949.
Due
on May
1 from 1950 to 1969 in¬
clusive.
The second highest bid¬
der was Blyth & Co., First Boston
Corp., and Varnedoe, Chisholm &
Co., jointly, at a price of 103.82.
:
8 p.m. (CST) on May 3T for the
purchase *of $1*750*000 not-to ex¬
ceed 3%% interest school build¬
iLLBNGis
Sale—The
Bend
$230,000 water
supply lake refunding bonds of¬
fered May 17—v. 169, p. 2151—
awarded
were
tional
at
a
about
Due
Bends
Sold—An issue
1 i g
street
h t i
of
bonds has been
sold
mature in 1957.
These bonds
as
'
•'
'
•
Chicago,
.
-
on
-
.
■
III.
Na¬
G.
second
Walker
H.
&
Co.,
interest to
crued
of
rate
interest,
the
of
in
expressed
a
Offering—John
Bond
B.
Jack¬
the
of the Town. A cer¬
for $500, payable to
check
tified
the School Town.
2y2s, at
of
1.966
E.
Lowber
Philadelphia as
price of 101.83, a basis
a
about
1949.
and
of
Co.
&
Sale—The
water
May
$21,000
2.38%.
Due
Dated
June
June 1 from 1964 to
on
169, p. 1823—were awarded
good
Dated
from
2y4s, at a price of par.
May 1, 1949. Due on Jan. 1
1951 to 1968 inclusive.
as
Peru, Ind.
of
169,
awarded
Cock County (P. O.
Chicago),
;
Bond
bonds
Sale—Tre
17
lV2s, at
—
v.
2%
163,
p. 2039—were awarded to a syn¬
dicate composed of the First Na¬
tional Bank, Harris Trust & Sav¬
ings Bank, Northern Trust Co,,
Continental Illinois National Bank
&
#
to
Hughes & Co., of Indianapolis, as
HI.
$5,250,003
offered- May
school
bonds offered
p.
1931—were
Raffensperger,
1949
17—v.
May
inclusive.
Shirley,
Sale—The $100,000
building
of
1949.
1.31%.
Due
1958
to
price of 101.17, a basis
a
about
Dated
July
on
1
inclusive.
highest bidder
Co., Milwaukee,
price of 101.03.
Hamiltcn
June
1,
from, 1954
The
second
Milwaukee
l%s, at a
was
for
(P. O.
Noblesville), Ind.
Trust
Co., City National Bank
Trust Co. and the American
County
Sale—The $700,000
Bond
]
all of Chicago, at
price of 99.26, a oasis of about
Dated
Cock
Dec.
1.
1947.
due
County
School
Community Con.
No. 62 (P. O.
Plaines), III.
District
Des
Bend Sale—An issue of
school
awarded
$260,000
building
bonds
May
to the
on
16
was
First
semi-annually
to
1950
Second
Jan.
from
1,
inclusive.
1969
1,
July
of 100.359 for
l34s was made by the Harris Trust
& Savings Bank, Chicago, and the
Union
Trust
Co.,
Indianapolis,
jointly.
%.
high
bid
National Bank of
Chicago, as 2%'s,
Johnson Tu)p. Sch. Twp. (P. O.
100.082, a basis of
Decker), Ind.
Dated Feb. 1, 1949.
Bond Offering — J. N. Seibel,
Denomination $1,000. Due Dec. 1,
School Trustee, will receive sealed
as follows: $15,000 in 1953; $5,030,
bids until 8 p.m. (CST) on. June
1954
to
1958
inclusive; $10,030,
6 for the purchase of $30,617.08
1959; $15,000, 1960 to 1964 inclu¬
not to exceed 5% interest judg¬
sive; $25,000, 1965; $30,000 in 1966,
ment funding bonds.
Dated July
and
$40,000 in
1987 and 1968.
Principal and interest (J-D) pay¬ 1, 1949. Denomination $1,000, ex¬
able at the First National Bank of cept one for $617.08. Due on Jan.
1, as follows: $3,000 from 1951 to
Chicago. The bonds were author¬
1959
inclusive, and $3,617.08 in
ized at a recent election and are
at
a
price of
about 2.244%.
payable from unlimited taxes. Le¬
gality approved by Chapman &
Cutler of Chicago.
St. Clair
County Commission Unit
187 (P. O.
Sckcol District No.
Rural
Route
1960.
Bidders to
interest
name
expressed
of V4 of 1%,
ion of Ross,
in
the rate of
a
McCord, Ice & Miller,
of
Indianapolis, will be (furnished
to
the
No. 1, East
Louis), III.
Offering—Harold Anglim,
Secretary of the Board of Educa¬
of the
tion, will receive sealed bids until
the School
multiple
The approving opin¬
purchaser
at
the
St.
Bond
fied
School Township.
check ,for
as
Indep. Sch.
Dist.,
receive
will
sealed
bids
until
2
p.m.
(CST) on May 31 for the
purchase of $11,000 not to exceed
'4%% interest water works bonds.
Dated Jan.
1
Jan.
inclusive.
1961
the
19, 1949. Due $500 on
and July 1 from 1951 to
rate
of
Bidders
to
name
interest, expressed in
multiple of y4 Of 1%.
The ap¬
proving opinion of Ross, McCord,
ice & Miller, of Indianapolis, will
be furnished to the purchaser at
the expense of the Town. A certi¬
fied check for $200, payable to the
a
$500,
expense
A certi¬
payable
to
Township, is required.
Carleton
D.
Moines, at
a
§eh
& Co.,
price of
par,
of
as
Des
fol¬
lows:
$77,000 street improvement bonds,
as 5s.
Due on May 1, as fol¬
lows: $10,000 in 1949; $11,000
in 1950 and 1951;
$7,000 in
1952; $6,000 in 1953 and 1954;
$7,000 in 1955; $6,000 in 1956;
$7,000 in 1957, and $6,000 in
1958.
"
60,000 street improvement cer¬
tificates, as 23/4s. Due on Nov.
1, as follows: $3,000 in 1950;
$5,000 in 1951 and 1952; $6,000 in 1953; $5,000 in 1954;
$6,000 in 1955; $5,000 in 1956;
$6,000 from 1957 to 1959 in¬
clusive, and $7,000 in 1960.
Cleghorn Con. Sch. Dist., Iowa
Bond Sale—The $100,000 build¬
ing bonds offered May 16—v. 169,
p. 2039—were awarded to Becker
will
Clerk,
exceed
to
interest
6%
bonds. Dated Jan.
revenue
sewer
1, 1949. Denomination $1,000. Due
Jan. 1, as follows: $4,000 from
1950 to 1953 inclusive; $5,000 from
on
inclusive; $6,000 from
inclusive; -$7,000
1960 to 1964 inclusive; $8,000
1965 to 1968 inclusive, and
1954 to 1956
to
1957
irom
1969
$9,000 in 1969. Bonds are subject
to prior redemption on any inter¬
inally
est
Bond
Sale
Postponed—Sale
scheduled
for
May 16, as
169, p. 2151
to a typograph¬
previously noted in
was
called off due
ical
error
Town
v.
Clerk,
Stolj,
sealed
will receive
water
works
$1,000
on
to
bonds.
revenue
Due
June 1 from 1951 to 1965
Bonds maturing in 1961
1965, shall be callable
numerical order on
payment date falling on or
1, 1954, at par and ac¬
after Jan.
in in¬
in¬
terest payment date on and after
June
1,
1954.
The
approving
opinion of William L. Hassett, of
Des Moines, will be furnished to
the purchaser.
interest
crued
to
the
redemption
Principal and interest (J-J)
date.
in the notice of sale.
Preston, la.
Offering—Emmett
Bond
of
payable at the Bank of Maysville,
Maysville. The approving opinion
of
Skaggs,
Hays & Fahey, of
Louisville, will be furnished to
the purchaser.
Bidders to name
the rate of interest, expressed in
multiple of Vsth of 1%. A certi¬
$2,000 is required.
a
fied check for
Warren
any
County (P. O.
Green), Ky.
Sale—The
Bond
Bowling
$75,000 school
bonds offered
"May 13 were awarded to Pohl &
Co.' of Cincinnati, as 3s, at a price
of 100.96, a basis of about 2.66%.
The
second highest bidder was
Bankers Bond Co., for 3s, at a
building
revenue
Ringgold County (P. O. Mount
Ayr), la.
price of par.
C
Bond Sale Details—The $70,000
hospital bonds purchased by
LOUISIANA
Carleton D. Beh & Co., of Des
La Salle Parish Sch. Dist. No. 5
Moines, as 2V2S, at a price of
(P. O. Jena), La.
100.22, as previously noted in v.
Certificate Offering —F. H.
169, p. 1931—are dated May 2,
1949, in the denomination of $1,000 Shiel,
Secretary Parish
School
and mature Nov.
1, as follows: Board, will receive sealed bids
$3,000 in 1950 and 1951, and $4,000 until 10 a.m. (CST) on June 11 for
from 1952 to 1967 inclusive. Op¬
the purchase of $81,000 not to ex¬
tional May 1, 1954 and on any in¬
ceed 6%< interest certificates of
terest date thereafter prior to ma¬
indebtedness#- Dated July 1, 1949.
turity.
Legality anproved by K. Denomination $1,000. \ Due from
N. Rogers, of Des Moines.
1950 to 1957 inclusive.
Interest
..
7
(CST)
p.m.
purchase
bonds.
of
1.
$425,000
building
June
1, 1949. De¬
Dated
nomination
$1,000.
follows:
as
May 27 for the
on
Due
Dec.
on
in
1950;
1958 inclu¬
$15,000
$20,000 from 1951 to
sive,
and
$25,000
from
inclusive.
1968
to
1959
The
ap¬
proving
opinion of Chapman &
Cutler, of Chicago, together with
the printed bonds, will be fur¬
nished to the purchaser at the ex¬
pense
the
of
the bonds
tion held
District.
These
authorized at the
on
are
elec¬
Oct. 29, 1948. A certi¬
fied check for 2%
of the amount
of the bonds,
payable to the Dis¬
trict, is required.
What
Iowa
Cheer,
Bond Sale Details—The
$15,000
purchased by
White-Phillips Corp. Of Daven¬
port, as 2%s, at a price of 100.53,
as
previously noted in v. 169, p.
2339 are dated May 2, 1949, and
mature Nov. 1, as follows: $2,000
water system bonds
from
1951
to
1957
inclusive
and
$1,000 in 1958.
Newton,
Kan.
Sold—An issue
of $250,disposal plant bonds
to George K. Baum
& Co. of Kansas City, at a price
of par, a basis of about 1.72%, as
follows:
•
as
from
36,000
IV2S.
as
from
l3/4s.
1950 to
Due
on
June
1
1954 inclusive.
Due
1955 to 1957
Orleans Parish
>;%<■'
on
June
1
inclusive.
as
l3/4s.
O.
Roch,
Secretary of the Parish School
Board, will receive sealed bids
(CST) on June 3 for
purchase of $2,500,000 not to
exceed 6% interest school of 1927,
until 2 p.m.
the
fifth
series,
Issue
Dated
bonds.
Dec.
nomination $1,000.
from
1949 to
1949 coupon
1, 1927. De¬
Due on Dec. 1
1967 inclusive.
Bid¬
ders to name ihe rate of interest,
expressed in a multiple of 1/10 or
1/4 of 1%. Principal and interest
New Orleans,
Chicago, at the
option of the holder. The approv¬
ing/opinion of Wood, K)ng &
Dawson of New York City, will
be
furnished
to
the purchaser
free of charge. A certified check
for $50,000, payable to the Parish
School Board, is required.
payable
(J-D)
at
New York City, or
Union Parish School District No.
55
(P. O. Farmersville), La.
Bond Sale—The $764,000 school
bonds offered May 17—v. 169, p.
2151—were awarded to a syndi¬
Scharff & Jones,
G. Price Crane,
all of New Orleans, Rapides Bank
& Trust Co., of Alexandria, John
Dane, of New Orleans, Equitable
Securities
Corp.,
of
Nashville,
&
Arnold,
White, Hattier & Sanford, of New
Orleans, Barrow, Leary & Co., of
Shreveport, Glas & Co., and Weil
Co., both of New Orleans, at a
price of 100.02, a basis of about
2.96%, as follows:
&
$712,000 as
3s.
Due
'
Due on June 1
from 1958 to 1969 inclusive.
154,000
(P.
New Orleans), La.
Offering — Jennie
.lv"
Bond
Weil
000 sewerage
has been sold
$60,000
1
to
cate composed of
KANSAS
Bonds
$1,620,
the Treasurer of the
Parish School Board, is required.
payable
Secretary of the Board of Direc¬
tors, will receive sealed bids until
A certified check for
J-J.
Tipton School District, Iowa
Offering — C. S. Miller,
Bond Offering — Joseph H.
Town Clerk-Treasurer,
t
bids until 8 p.m.
not
000
from
Iowa
■
Hazel Lar-
receive"
(EST) on
May 27 for the purchase of $125,-
Bond
Kellum,
City
—
the $175,000 building bonds, orig¬
Ind.
hospi¬
tal bonds offered May 18—v. 169, Town, is required.
a
p. 2039—were awarded to Glore,
2*09%, as follows:
IOWA
$.1,750,000
county
home
bonds. Foigan & Co., New York, and Raf¬
fensperger,
Hughes & Co., In¬ j
Boone, la.
Due on Dec. 1, 1957.
t
Bonds and Certificates Sold—
3,500,000 county hospital bonds. dianapolis, jointly, as 13/4S, at a
price of 100.39, a basis of about An issue of $137,000 bonds and
Due on Dec. 1, 1957.
1.707%.
Dated June 1, 1949 and certificates has been sold to the
National Bank,
Oelwein
Bond Offering
11966 inclusive.
Wayne School City, Ind.
Bond
1,
Bank, of Melbourne,
price of 100.72.
a
to the Ripley County Bank of Os¬
Dated June
Fort
State
Bank, of State Center, as l%s, at
a
price of 100.83. The
second
highest
bidder was
Melbourne
Savings
l3/4s, at
KENTUCKY
Maysville, Ky.
were
Central
the
to
school
14
verse
Town, is required.
1, 1949.
De¬ { Bond Sale—The $350,000 elec¬
tric utility revenue of 1949 bonds
tificates of indebtedness offered nomination $1 000.
Due $1,000 on
offered May 13—v. 169, p. 2339—
May 17—v. 169, p. 2339—were July 1, 1950, and $1,000 on Jan. 1
were awarded to the City Securi¬
awarded to a syndicate composed and $2,000 on July 1 from 1951 to
ties Corp., of Indianapolis, John
of The First Boston Corp., Salo¬
1963 inclusive.
Bidders to name a
Naveen & Co., of Chicago, and
mon Bros. & Hutzler of New York,
single rate of interest, expressed
Raffensperger, Hughes & Co., of
The Illinois Company of Chicago, in a multiple of V4 of 1%.
In¬
Robert W. Baird & Co. of Milwau¬ terest J-J. The approving opinion ; Indianapolis, jointly, as 23/4s, at a
i
price of 100.14, a basis of about
kee, R. H. Moulton & Co. of San of Ross, McCord, Ice & Miller, of
>2.73%.
Dated June 1, 1949.
Due
Francisco, W. H. Morton & Co. of Indianapolis, will be furnished to
on Jan. 1 and July 1 from 1951 to
New York, Field, Richards -&rCo.11 the purchaser at the expense of
of
May
the expense
2—v.
Secretary of the Board of
Trustees, will receive sealed bids
until
6
p.m.
(EST) on June 1
for the purchase of $40,000 not
to
exceed
5%
interest building
The $9,000
.V
of about 1.73%.
kin,
inclusive.
Osgood, Ind.
...
—
offered
awarded
the
date
works revenue bonds offered
son,
Bond Sale
bonds
as 5s; $12,000 as 2s;: $48,000 as
iy4s; $50,000 as lM>s and $104,000
l%s, at a price of par, a basis
as
sealed
Lamoille Con. School District, la.
re¬
name
Due in 10 years.
1949.
bids until 7:30 p.m. (CST) on May
31
for the purchase
of $15,000
Bond
Town, Ind.
Gary School
bonds.
Cleveland
000
multiple of %-of 1%.
The ap¬
proving opinion of Ross, McCord,
Ice & Miller, of Indianapolis, will
be furnished to the purchaser at
price of 101.05.
water works system revenue cer¬
Stokes
(P. O.
Marshalltown), Iowa
—
Bidders to
demption.
INDIANA
East
were
Certificate Sale—The $3,000,000
,
The
was
2%s, and
authorized at the election held
April 19.
First
1951 to 1959
highest
July 1 from
on
$4,500
construction
n g
the
to
Bank, of Chicago, as l^s,
price of 101.08, a basis of
1.33%.
Dated July 1, 1949.
for l%s, at a
Blandinsville, III.
Offerings
51
(2255)
Jefferson Township
!
Ind.
Lagro,
Bond
CHRONICLE
$81,000 in 1956, $83,000 in 1957, Denomination $1,000. Due Jan. 1,
$85,000 in 1958, $87,000 in 1959, as follows: $1,000 in 1952 to 1954,
$89,000 in 1960, $114,000 in 1961, $2,DOO' in 1955 to 1958, $3,000 in
$117,000 in 1962, $121,000 in 1963, 1959 to 1968, $4,000 in 1969 to
$124,000 in 1964, $128,000 in 1965, 1977, and $3,000 in 1978 to 1988.
$132,000 in 1966, $135,000 in 1967 Bonds shall be redeemable at the
and '$144,000 in
1968. Principal option of the Town, in whole or
and interest (J-D) payable at .the in
patt, on 30 days' notice by pub¬
Illinois State Trust Co., East St.
lication, in inverse numerical or¬
Louis.
Bidders to name the rate der on
any interest payment date
of interest, expressed in a mul¬ after
issuance, at face value to¬
tiple of Vs of 1%. The approving gether with the following pre¬
opinion of Charles & Trauernicht miums; 5% if redeemed on Jan.
of St. Louis, will be delivered to
1, 1959, or thereafter on or before
the purchaser at the expense of Jan. 1,
1964; 3% if redeemed on
the District. A certified check for
July 1, 1964, or thereafter on or
$17,500, payable to the Township before Jan. 1, 1969; 2% if re¬
School Treasurer, is required.
deemed on July 1, 1969, or there¬
after prior to maturity; plus ac¬
Springfield, III.
bidder
.
FINANCIAL
Mary Jane
Forrester, Town Clerk-Treasurer, j. Bond Offering—F. C. Buhrow,
ing coupon bonds. Dated June 1, will'receive sealed bids until 7 Township Clerk, will receive
1949.
Denomination $1,000.
Due p.m. (CST) on June 2 for the pur¬ sealed bids until 8 p.m. (CST) on
utc.
1, as ioiiows: $6,uOU m 195L chase of $110,000 not to exceed May 23 for the purchase of $8,$73,000 in 1952, $75,000 Li. 1953, 4¥2% interest water works rev¬ 500 not to exceed 5% interest fire
$77,000 in 1954, $79,000 in 1955, enue'bonds.' Dated June 1, 1949. equipment bonds.
Dated May 1,
inclusive.
;
&
COMMERCIAL
from 1951 to 1969
52,000
as
2%s.
on
June
1
inclusive.
Due on June 1,
;•
1969.
1, 1949.
Denomi¬
&
Dated June 1, 1949.
The second
Cownie, Inc. of Des Moines, nation $1,000. Principal and inter¬
Quail & Co. of Davenport and' est (J-D) payable at the State highest bidder was B. J. Van InWheelock
&
Cummins
of
Des Treasurer's office.
Legality ap¬ gen & Co., Barcus, Kindred & Co.,
Moines, jointly, as 2y4s, at a price proved by Stimson, Mag, Thom¬ R. S. Dickson & Co., and Welsh,
of
100.90.
The
second
highest son, McEvers & Fizzel of Kansas Davis & Co., jointly, on a bid re¬
bidder was William Blair & Co., City.
The second highest bidder flecting a net interest cost of about
was Stern Bros.
& Co., for $36,- 3.04%.
for 244 s. • ■
Dated
June
52
(2256)
THE
MARYLAND
Lynn, Mass.
Note
i
Salisbury,
Md.
Bend Offering—E.R.
.
Mayor,
-until
will
8
the
receive
(DST)
p.m.
purchase
exceed
1949
4%
of
Jrom
1950
at
Due
to
to
cost.
A
certified
cate
First
State
of
the
First
—
G.
Becker & Co., Laidlaw &
Co., Roosevelt & Cross, Ira Haupt
Co., Laurence M. Marks & Co.,
all
of New York, Milwaukee
Co.,
Milwaukee, A. Webster Dough¬
erty & Co., of Philadelphia, F. S.
of
receive
office
Smithers
the
of
&
Co.,
New
of
York,
Rockland-Atlas National Bank, of
Housing Board, 18 Tremont
Boston, National City Bank, of
Cleveland, Shearson, Hammill &
-on
May 24 for the
$100,000 First Series notes. Dated- Co., of New York, J. C. Bradford
& Co., of Nashville, Robert WinJune 2, 1949.
Due June 2, 1950.
Principal and interest payable at throp & Co., of New York, Courts
& Co., of Atlanta, Laird &
such incorporated bank or trust
Co., of
Wilmington, Lyons & Shafto, of
company as may be designated by
Boston, American National Bank
the
purchaser.
The
approving
Street, Boston, until
(DST)
purchase of
noon
& Trust
Caldwell,
Marshall,
Trimble & Mitchell, of New York
City, will be furnished to the pur¬
Co., of Chicago, and John
Small & Co., of New York.
chaser
100.15,
opinion
of
The
the expense of the Au¬
at
paid
group
or
net
a
-Due
Fall
dated
May 20,
Nov. 9, 1949.
on
River
Housing
Terminal
bonds..
Due
Offering
—
bids
the
at
Loan
1949.
of
the
Dated
June
2,
1949. Due on June 2, 1950. Prin¬
cipal and interest payable at the
Second
National
Bank
of
B
Dated
on
1.60%
Logan
3,500.000 1.60%
Facilities
1, 1949.
Boston
bonds.
Due
1, 1949.
>1950
Boston.
Due
to
1,500,000
1. 1949.
a.m.
(DST)
1% %
Additional
on
Jan.
1
lows:
June
1,
from
;-•
'<;*-,
bonds.
e
t
r o p o
1959
to
$15,000
inclusive,
and $10,000 from 1960 to 1964
Y'y inclusive.
/
100,000 veterans'
Due
$5,000
1950
to
45,000
June
on
1959
1
from
inclusive.
mains
water
$3,000
housing bonds.
bonds.
1950
to
Due
Dated
1979
in¬
rate
j
of
interest,
hultiple
of
h
1%.
in
Notes
gality will be approved by Storey,
Palmer/& Dodge, of
Boston'.1*''*'-'
'•
.♦
the
to
Trimble
York
the
&
"Mit¬
City, will
be
on
'h
f
"M
i
■
:
Due
to
the
Merchants
tional
Dated
notes.
June
on
2,
Boston,
at
4s.
as
New York
the
June
2, 1949.
Principal
payable at such bank
Due
2%s.
as
1955
2,130,000
2y2s.
as
Bond
Offering
rnd
ceived
sealed
(EST)
of
Note
Sale—The
First
will
3
in¬
169,
to
notes
offered
2040—were
p.
J.
P.
Morgan
rated
of
New
May
12
awardec
Co.
Incorpo¬
and
the
Bank
jointly, at 0.89%
premium of $12.
of
of
Sec¬
Boston
interest, plus
Sale
series
date
&
of
furnished
1%.
the
of
$300,000
offered
on
awarded to
Ilutzler
basis
April
of
1,
from
about
to
1.98%.
Due
Dated
April
on
highest
bidder
&
Mc¬
was
Co., for 21/48, at
price of 100.14.
0.93%
Route
Bond
of
1,
Clarkstcn),
Offering
bonds
Kenneth
—
Kavanagh, Village Clerk, will
sealed
(EST)
on
bids
.until
8
re¬
p.m.
May 31 for the purchase
of $20,000 not to exceed
3'%'% in¬
supply system rev¬
enue coupon bonds. Dated
May 1,
1949.
Denomination $1,000.
Due
$2,000 on May 1 from 1950 to 1959
water
inclusive.
Bidders
to
name
the
rates of interest, expressed
a multiple of
(4 of 1%.
Prin¬
cipal and interest (M-N) payable
at
the
Ionkia
County National
Bank, Ionia. The approving opin¬
or
in
of
Miller, Canfield, Paddock
Stone, of Detroit, will be fur¬
2%
to
the
A
purchaser without
certified check for
of the total par value of the
bonds,
payable
to
the
Village
Treasurer, is required.
were
bids
Township Sch. Dist. No. 10
(P.O. 4538 Elizabeth Road,
Lansing
Bonds
N.
to
Be
15),
Mich.
Reoffered
—
Bids
Clerk,
in
000
Y.' V' Y
i
....
%
\
vv
Offering — Howard F.
Western, Village Clerk, will re¬
ceive
sealed
bids
until
8
p.m.
(CST) on May 31 for the purchase
of $9,000 3% water works bonds.
Dated July 1, 1949. Denomination*
$1,000.
Due on June 1, 1960.
In¬
terest J-D.
A
certified check for
5% of the amount of the bid, pay¬
able
to
the
Village Treasurer, is
Brainerd, Minn.
Offering — Walter
City
Clerk,
bids until
6
will
Fall,
sealed
receive
(CST) on June
the purchase of $23,000 not
for
to
8
exceed
p.m.
2%
interest
and
water
light
refunding
bonds.
Dated
June 1, 1949.
Denomination $1,000.
Due
name
Dec. 1, 1954. Bidders
single rate of interest,
in a multiple of y4 or
on
a
1/10 of 1%. Principal and interest
receive
will
special assessment street im¬
(J-D)
bank
payable
or
at
suitable
any
trust company designated
by the purchaser.
The approving
opinion
of Faegre & Benson, of
Minneapolis, will be furnished to
provement bonds.
the
New
the
Buffalo
Twp. Con. Sch. Dist.
O. New Buffalo), Mich.
Offering—Churchill Bart-
(P.
Bond
District
iey,
ceive
Secretary,
bids
sealed
(EST)
bonds.
Dated
will
until
re¬
7
April
1,
1949.
De¬
nomination $1,000. Due on April 1,
as
follows: $12,000 in 1950 to 1954,
and
$18,000 in 1955 to 1964. Bonds
maturing in the
may
the
years
1962 to 1964,
be redeemed at the ontio- *>f
District in inyerse numerical
order,
date
on
on
and
date
interest
any
Aoril
after
or
accrued
fixed
for
payment
1.
after
April
prior
to
each
».(.i
on
1,
April
bond
1,
called
bond
called
i,
but
1954;
for
$60,000 building
May 18—v. 169, p.
offered
1932—were awarded to J. M. Dain
&
a
Co., of Minneapolis, as 2.20s, at
price of 100.425, a basis of-about
2.125%.
due
on
Dated
June
inclusive.
1
May
1,
from
Second
1949
1952
high
to
and
1959
bid
of
the
100.295 for 2.20s was made by
First
National
of
Bank
Minne¬
Minneapolis, Minn.
«
Bond.
re¬
each
on
or
1952; $20.00 on
for redemption
1952,
1.
Bond Sale—The
bonds
apolis.
so
called for redemption
of
expense
the
to
redemption, plua
premium for each bond
deemed, as follows: $25.00
bond
1950
interest
the
at
Hennepin County Joint Indep.
Sch. Dist. No. 142 (P. O.'
Bloomington), Minn.
p.m.
May 27 for the pur¬
chase of $240,000 not to exceed
4%
interest
building
coupon
purchaser
City.
A certified check for
$500, payable to the City, is re¬
quired.
on
to be re¬
ruling favorable to the
origi¬
May 19, as
2040, has been
169, p.
v.
of
bonds,
for
Ashby, Minn.
Fi-
K.
(EST) on
June 13 for the purchase of $12.9,-
unopened pending decision
suit
before
the
Supreme
A
Frac.
1
Postponed—Sale
school
scheduled
to
sealed bids until 8 p.m.
18—v. 169, p. 2152—had
a
re¬
p.m.
scheduled
Offering—Marie
prior to April
Court.
6
May 16.
each
turned
until
originally
on
City
laski,
par
Delta
on
Sale
$610,000
expressed
City, Mich.
Offering
Thomas M.
Twp.
Bond
Kalamazoo, Mich.
Carson
rate
—
not to
be sold
Bond
terest
Bond
the
Bond
exceed 6% in¬
terest school coupon bonds. These
MICHIGAN
Bond
Sterling
(P. O. Warren), Mich.
Mich.
May 25 for the purchase
$80,000
to
$12.
and
Con. School District No.
(P. O. 6330 Pirn Knob Road,
on
Devine
same
required.
(EST)
second
the
Independence Twp. Sch. Dist. No. 1
sealed
May 19, 1950.
The
highest bidder was C. J.
&
Co., for $680,000 at
interest, plus a premium
1
The
ceive
on
Warren
the
1959 inclusive.
Donald-Moore
; >
$3,000
MINNESOTA
Healy, District Treasurer, will
Due
offered
noted
awardeld
1949.
1950 to
'
//•' 'in*
The
—
purchased
$100,000 school
May 17—v. 169, p.
were
—
to
postponed to May 26.
Peoples State Bank, and the First
National Bank, both of Holland,
jointly, as 2s, at a price of 100.13,
New
May 19.
bonds
were
Holland), Mich.
2152
1951
by the Vil¬
lage Sinking Fund, as 2y2s, at a
price of par.
Frac.
(P. O.
All the notes
dated
Sale
nally
City, at 0.89% interest, plus
premium of $12.
are
from
Bond Sale—The
York
a
sidewalk
day
T wp.
School District No. 9
Salo¬
of
1
to 1963 inclusive.
purchaser with¬
Park
bonds: $10,000 3y2s,
Nov.
on
approving
issue, payable to the
and
to
$12,000
Nov. 1 from 1961
on
Additional
City Treasurer, is required.
Holland
1950
and
inclusive,
and
$3,000
3y4s, due on Nov, 1 from 1961
A certified check for 3%
total
second
a
multiple
a
The
the
to
out cost.
The
—
notes
were
Bros.
14
of
rates
or
from
1960
opinion of Miller, Canfield, Pad¬
dock & Stone, of Detroit, will be
a
Additional
the rate
name
1
inclusive.
sewer
due
(J-J)
interest, expressed in
a
&
York
National
ond
payable
the City Treasurer's office. Bid¬
ders to
-
p. 2152—were
inclusive,
1963
13,000
1
and
bonds offered
Housing Authority, Mass.
$380,000 sec-
to
1950 to 1954 inclusive. Prin¬
interest
to
Shores, Mich. Y'
Nov.
on
3V4s, due
p.m.
May
on
certi¬
follows:
as
1960
improvement,
$48,000
A
payable
Treasurer, is required,
Clair
due
1, 1949. Denomination
Due
cost.
$4,000,
to H. V. Sattley &
Co.,
McDonald-Moore & Co., both
of Detroit, jointly, at a
price of
100.14, a net interest cost of about
re¬
$240,000 not to exceed 3%
$1,000.
"',y../Y
and
First Series of 1949 coupon bonds.
Dated May
Y
$48,000 water bonds: $36,000 3V2s,
until
terest special street
for the $100,000 not to exceed 4%
$132,000
bids
multiple of
awarded
Stanton
R.
for
May 17—v. 169,
on
1
May 31 for the purchase
on
of
Sale—The
series
—v.
Mitchell
&
St.
3.385%,
Clerk,
The
of in¬
Bond Sale—The $64,000
coupon
special assessment bonds offered
inclusive.
—
City
without
check
the District
Grand Rapids, Mich.
Kilpatrick,
rate
a
a
V-Y>
purchaser
fied
inclusive.
1978
Buffalo.
name
approving opinion of Mil¬
ler, Canfield, Paddock & Stone, of
Detroit, will be furnished to the
1, 1949.
interest school bonds offered May
Series notes offered May 12 were
awarded to the Second Nations
Feb.
on
each
on
The
Due on Feb. 1
to
Feb.
Dated
Due
New
to
are
y4 of 1%.
Feb. 1 from
on
1960
to
1961
from
City, will be furnished
purchaser.'';
Note
0.763%
Rockport Housing Authority, Mass,
Francisco,
1954 inclusive.
1950 to
372,000
at
1950.
Marshall, Trimble
3, 1949. The second
bidder was Second Na¬
Bank,
San
cipal
trust
company
as
may
be
designated by the purchaser. The
approving opinion of Caldwell,
Nov.
highest
to the purchaser at
of the Authority.
Offering—Aram Kalenian,
expense.
Sale—The $500,000 notes
May 16—v. 169, p. 2152—
National Bank of Boston, at 0.74%
discount.
Dated
May
16,
1949.
Due
City, will
State Housing
Board, 18 Tremont'Street, Boston,
until noon (DST) on May 24 for
the
purchase
of
$170,000
first
&
awarded
were
York
&
at the office of the
ion
purchaser,
discount.
payable in Boston or
City, Dec. 8, 1949. Le¬
Thorndike,
1
of
are
New York
1
New
Trimble
Chairman, will receive sealed bids
nished
Note
purchaser
receive
Quincy, Mass.
offered
cost.
will
office
$10.00.
a
City Treasurer's office. The ap¬
proving opinion of Storey, Thorndike, Palmer & Dodge, of Boston,
will be furnished to the
of
Principal
and interest payable at the First
National Bank of Boston or at the
without
Marshall,
of
furnished
expressed
of
the
June 2, 1949. Due on June
2, 1950.
The approving opinion of Cald¬
well,
1, 1949. Denomina¬
Bidders to name the
Mass.
Housing Board, 18 Tremont
Street, Boston, until noon (DST)
on
May 24 for the purchase of
$680,000 first series notes.
Dated
chell
June
$1,000.
at
$235,000
the
Massach usetts
Note
ceive
Chairman,
bids
of
of
Oaks,
bidders
York, Martin, Burns & Corbett, Jiilien Collins & Co., both
of Chicago, Laird & Co. of Wil¬
mington and Miller, Kenower &
Co. of Detroit, at a price of 100.01,
a basis of about 2.54%, as follows:
receive
office
Co.
$10.00
terest, expressed in
New
W.
Westborough Housing Authority,
on
State
Due
1964 inclusive.
tion
sealed
June 1 from 1950 to
on
Jr.,
will
the
New
expense
litan
Note Offering—Thomas J. Pearion.
Thomas
—
Marshall,
of
&
Moulton
Three
Stranahan, Harris & Co., Inc. of
Toledo, Hannahs, Ballin & Lee of
from
of
clusive.
on
follows:
as
1950
Due
at
furnished
be
the
1949.
Methuen Housing Authority,
school
Mitchell
Water loan bonds.
from
of
C
M
.Dated June 1, 1949.
;
May 25 for the purchase of $345,coupon bonds, divided as fol¬
n *
Caldwell,
mon
March 1 from
of
from
Chairman,
bids
same
€90
$200,000
City, will be furnished
Offering
Philadelphia Na¬
Philadelphia, Mil¬
Milwaukee, R. H.
York,
Co.
of
Housing Board, 18 Tremont
Street, Boston, until noon (DST)
on
May 24 for the purchase of
$1,170,000
second
series
notes.
Dated June 2, 1949. Due on June
2, 1950. The approving opinion of
from
1
1950 to 1969 inclusive.
6,000,000
Ardle, City Treasurer, will receive
.sealed bids»until 11
sealed
New
1956;
bonds called for
redemption after
April 1, 1960. Principal and inter¬
est
(A-O)
payable at Bank of
2040—were awarded to a syn¬
dicate composed of Blyth & Co.
State
second
bonds. Dated March
on
Mitchell
&
sewer,
offered
bonds
1,
called for redemption after
April 1, 1956,, but on or prior to
April 1, 1958; $5.00 on each bond
called for redemption after
April
1, 1958, but on or prior to
April
1, 1960; and without premium on
$2,737,000 nonseries II
May 17 — v. 169,
public
April
1949
bond
p.
Housing Authority, Mass.
Scanlon,
June
Metropolitan
Due
June
to
a
Sale—The
callable
purchaser at the expense of
Note
Harbor
inclusive.
1.60%
$414,000
and
Mich.
Detroit,
Authority.
Taunton
March 1 from
on
1959
sewerage
Daniel J. Mc-
—
to the
the
of
Dated
on
Trimble
New York
Dec.
on
Lot
Offering
approving
Dated
500,000 1.60% Metropolitan
Sewerage bonds. Dated March
Lynn, Mass.
,
Airport
194.9 to 1968 inclusive.
approving opinion of Cald¬
well, Marshall, Trimble & Mit¬
chell of New York City, will be
furnished by the Authority.
Bond
State
June 2, 1950. The
opinion of Caldwell,
Due
Marshall
Outlay
clusive.
The
i-
notes.
Woburn
Capital
Improvement
bonds.
Due
April 1 from 1957 to 1965 in¬
Street, Boston, until noon (DST)
on
May 24 for the purchase of
notes.
purchase
Series
First
to
bonds.
6,000,000
R.
.
Loan
May 1,
May 1 from 1954
1962 inclusive.
to
William
Facilities
1949. Due
:
Authority,
office
the
and
Harbor
Dated April 1, 1949.
April i from 1950 to
on
Lot
S,tate Housing Board, 18 Tremont
$1,855,000
of
YY
A
6,000,000 1.6*0%
Medeiros, Chairman, will receive
sealed
of
195.9 inclusive.
Massachusetts
Note
cost
$300,frOO. 1.60% Fall River
highest bidder was
First Boston Corp. and Chemical
Bank
&
Trust Co.,
New York,
jointly, at 1.11% interest, plus a
premium of $121.
are
of
the
and interest
second
Notes
interest
Lot
May 17 were awarded to
Halsey, Stuart & Co., at 1.04%
interest, plus a premium of $66.
j
price
a
for
follows:
Mass.
offered
The
office
the
at
series
Note Sale—The $5,000,000 notes
.
bids
down
made.
tional Bank
Hunt,
sealed
receive
will
handed
was
waukee
Note Offering—Robert C.
Chairman,
Monday, May 23,
offering of the issue will be
new
of
Massachusetts
about 1.635%, for the bonds bear¬
ing interest rates and maturing as
thority.
Boston,
Boston, at 0.69% discount.
2, 1949.
A.
Claud J. N.
will
the
at
12 were
National
Housing Board, 18 Tremont Street,
Boston, until noon (DST) on May
Co*, Wood, Strhthers & Co., Dominick & Dominick, both of New
York, Marine Trust Co., of
Buf¬
falo, Braun, Bosworth & Co., Inc.,
Housing Authority, Mass.
Chairman,
May
Second
24
Glore,
&
bids
the
to
rev¬
Swampscott Housing Authority,
Na¬
Philadelphia, L. F. Rothschild
& Co., Merrill Lynch,
Pierce, Fenner & Beane,
White, Weld & Co.,
Barr Bros. & Co., Coffin &
Burr,
all of New York, Harris Hall &
National
Note Offering
offered
notes
Bank of
$300,000
of
100.43.
sealed
Sale—The
—
composed
District
Bond
Forgan & Co., C. J. Devine & Co.,
both of New York, Drexel &
Co.,
Mass.
1950 to 1964
"Weber,
Note
offered
Chicago,
inclusive. The
highest bidder was Lee
Higginson Corp., and Blair & Co.,
Inc., jointly for l%s, at a price of
C
at
Continental Illinois National Bank
& Trust Co., of
second
Belmont
Boston,
Swampscott, Mass.
enue
(State of)
Bank, of Chicago, J. P.
Morgan & Co., Inc., of New York,
Bank, of
Boston, as l%s,
at a price of
100.73, a basis of about 1.65%.
Dated May 1, 1949. Due on May
1 from
of
0.94% interest, plus a premium
at 0.785 %
tional
check
Sale—The $300,000 veter¬
the
to
at
The $23,800,000
May 16—v. 169, p.
2040—were awarded to a syndi¬
bonds
housing bonds offered May 18
169, p. 2151—were awarded
—v.
Boston,
CHRONICLE
second
Merchants
was
Bond Sale
The
MASSACHUSETTS
ans
The
&/ FINANCIAL
0.853% interest. The second high¬
est bidder was C. J. Devine & Co.,
awarded
'
Attleboro,
bidder
Massachusetts
$1,000 is required.
Bond
discount.
National Bank, Boston,
discount.
approving opinion of Niles, Bar¬
ton, Morrow & Yost of Baltimore,
will be furnished to the purchaser
without
notes
awarded to
were
of
Bank
•
$600,000
Security Trust Co., of Lynn,
0.78%
$5,000
inclusive.
May 18
highest
paving
1, 1949.
June
$1,000.
1959
the
bids
not
street
Dated
to
White, Jr.,
June 6 for
$50,000
interest
bonds.
Denomination
offered
sealed
on
Sale—The
COMMERCIAL
on
or
$15.00
on
redemption
out on or prior
Offering—C.
Assistant
receive
City
sealed
until 10 a.m.
A.
-
.
.
Brandt,
Comptroller,
will
auction
bids
and
(CST)
on
June 2 for
the purchase of $2,970,000 coupon
bonds, divided
,
as
follows:
$1,4Q0,000 water works bonds.
500.000
storm
drain
,.70,000 sidewalk
bonds.
bonds.'{ (,r'
,
y.
.
Volume
169
THECOMMERCIAL
4805
Number
Dated
July 1, 1949. Denomina¬
$1,000.
The bonds stated in
tion
combination
will
Julv
1.
follows: $113,000 from
:;as
mature
1950
to
1959
inclusive; $105,000 from 1960
„to 1969 inclusive, and $79,000 in
the
Bidders to
rate
of
interest, ex¬
multiple of y4 or 1/10
.of
The approving opinion
.of Wood, King & Dawson, of New
York City, will be furnished:
A
name
a
•certified
check
for
of
2%
.,
Minnesota
Bond
State
King,
Auditor, will receive sealed
(CST) on June
7 for the purchase of
$84,000,000
'^not
to
a.m.
exceed
2%
1949
and
June
due
$49,800 from
sive,
interest veter¬
date of
Bonds
5
;
>
,
Bond
District Clerk, will receive sealed
bids until 8 p.m. (MST) on June
7
for the
purchase of $62,000 not
6%
exceed
High
interest Park
School
Dated June
District
City
.
School Board. If amortization
sold and issued the
are
issue
be put into
divided into
may
single bond
or
inclusive.
The
bonds maturing
July 1, 1952 are subject to
redemption .and
prepayment
at
the
option of the State,? acting
through its State Auditor* with the
tees
time
approval
issue.
of
1950
the? State
July
on
to
1959
Executive
1, 1952, and
on
interest payment date there¬
after, at par and accrued interest.
.Bidders to name the rate or rates
any
of
interest, expressed in
mul¬
a
tiple of V4 or 1/10 of 1%. Prin¬
cipal and interest (J-J) payable,
[at the option of the holders,
the
office of the
the
at
or
St. Paul,
State
at
Treasurer,
Bank, of
First National
at the Chase National
or
<Barik, New York City.
The ap¬
proving opinion of the AttorneyGeneral of the State, and of Wood
:King & Dawson, of New York
City, will be furnished to the
chaser
the
at
pur¬
of
expense
the
Board
sev¬
interest
installments
a
If
serial
shall
$1,000
be
bonds
in
the
and
like
will
amount
No. I
•
Bond
County Ir\d. Sch. Dist.
(P.O. Madelia), Minn.
Offering-^-H. F. Zimmer¬
District
man,
Clerk,
will
sealed bids until 2 p.m.
receive
(CST)
on
May 25 for the purchase of $200,000 building and equipment cou¬
pon bonds.
Dated July 1, 1949.
Denomination $1,000. Due on July
1. as follows: $10,000 from 1952 to
3965
inclusive,
3.966 to
and
$15,000
1969 inclusive.
All
from
bonds
maturing on and after July 1,
3965, will be subject to redemp¬
and prepayment on July 1,
1964, and any interest payment
tion
thereafter at par and
terest.
or
Bidders to
rates
of
accrued in¬
the rate
name
interest, expressed in
multiple of V4 or 1/10 of 1%.
The approving opinion of Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis, will be furnished
to the purchaser at his own ex¬
£
These bonds
pense.
paid.
are
The
amortization
of such bonds
bonds/
whether
serial bonds, will
redeemable in full on any in¬
be
or
terest payment date
ter
10
(half
years
which the bonds
from and af¬
the
for
term
issued) from
are
the date of issue. Interest J-D/
certified
check
for
$620,
A
29.
certified
author¬
were
check
on
for
March
$4,000,
payable to the District Treasurer,
is required.
/
'>
Wayzata, Minn. *
Bond Sale Details—The $15,000
fire
station
Piper,
bonds
Jaffray
^Minneapolis,
in
169,
v.
1.40s, at
Hop wood,
of
previously noted
as
2153—were
sold
County
'/;?// (,J;:;l
(P.
O.
Mississippi
Ashland),
.-'/// ]
-
Bond Sale Details—The $20,000
court house bonds purchased by
1he First National
phis, at
ously
ftvere
a
as
previ¬
noted in v. 169, p. 1825,
awarded as 2s and mature
March
follows: $2,000 from
1950 to 1953 inclusive and $3,000
from
6%
uDated
bonds.
Amortization
first
1,
choice
as
into
Co.
Jackson
Inc.,
&
1949.
be
the
bonds
are
divided
or
the Board of
as
of
issue.
they
$1,000
If
bonds
are
sold
shall be in the amount of
each.
One bond in the
amount of
able
serial
$1,000 will become
pay¬
recreation
the
office.
Bidders
at
will
thereafter
until all of such bonds are paid.
The
year
amortization
or
serial bonds, will be redeem¬
able in full on any interest pay¬
bonds, whether
ment date from and after 10 years
term for which the
bonds are issued) from the date
of issue. Interest J-D. A certified
(half
the
check
for
District
payable
$380,
to
the
•
about
as
3s, at
a
to the
Corp., of Omaha,
Bond
the
price of
par.
District, Neb.
Indep. School
Sold—An issue of $550,-
Bonds
000 school bonds has been sold to
Dewar, Robertson & Pancoast, of
San Antonio, at a price of par, a
basis of about 3.30%, as follows:
$151,000
as
3V4S.
Due
1950 to 1967 inclusive.
from
3s,
as
1968
Due
to
May
on
1979
1
ized
airport
been
of
sold
were
held
1949.
the First Trust Co.,
to
Lincoln,"
as
Jan.
Due
tional May
on
These
3s.
authorized
on
has
at
18.
Dated
May
1, 1954.
the
1,
bonds
election
May
1959;
1,
op¬
inclusive.
These bonds
at
the
were
election
(DST)
chase
tered
Dated
YORK
Principal
(M-S) payable at the
Bank, Philmont.
The approving opinion of
William E. J. Connor, of
Hudson,
will
Lawrence
—
Comptroller,
May
25
J.
will
the
for
$1,803,041.10
bonds, divided
not
pur¬
to
as
000
Sale
fered
17—v.
May
—
awarded
basis
of
to
about
June 1, 1949.
1950
1958
to
Due
169, p. 2153—
Halsey, Stuart
The
was
will
Treasurer,
ceive
sealed -bids
(DST)
on
until
2
p.m.
May 25 for the purchase
of $150,000 notes.
Dated June 1,
Denomination
on
Dec.
28,
1949.
National
First
$25,000.
Due
Payable at the
Bank
of
Boston.
bonds.
$1 000.
Due
June 1 from 1950 to
local
(DST) on
May 26 for the purchase of $40,000
Denomination
$1,000,
for $1,541.10.
Due
1, as follows: $41,-
541.10
-
in
to
1950;
1953
1, 1949. Bidders to
rates of interest,
multiple of y4 or
Principal and in¬
payable at the Na¬
expressed
1/10
of
in
1%.
or
a
terest
(J-D)
tional
Commercial Bank
&
Trust
Co., Albany.
The approving opin¬
ion
of
Sullivan,
Donovan
&
Heenehan, of New York City, will
be
furnished
to
the
purchaser. A
certified check for
able to the City, is required.
City
Treasurer,
will
a.m.
notes.
Dated
May
(DST) on
24,
1949.
Denomination $50,000 and $25,000.
Due on Dec. 16, 1949. Payable at,
on
or
about
May
25, 1949, at the First Na¬
tional Bank, of Boston. The ap¬
proving opinion of Storey, Thorndike, Palmer &{fDodge, of Boston,
will
be
District
Offering—Spencer Banta.
Clerk, will receive sealed
pon
registered
Due
ton), N. J.
from
p.
1825—were
awarded
to
Schmidt, Poole & Co., of Phila¬
delphia, and J. B. Hanauer & Co.,
of Newark, jointly, as 1.70s, at a
price of
1.68%.
due
on
100.15,
Dated
a
basis
May
1,
of about
1949 and
May 1 from 1950 to
inclusive.
1969
June
bonds.
Dated
Denomination $500.
1.
follows: $4,000
as
$2,000 from 1954 to 1970 in¬
Principal
and
interest
(M-N) payable at the First Na¬
clusive.
the
rate
of
Bidders to
interest,
ex¬
multiple of V4 or 1/10
The aproving opinion of
1%.
a
Louis K. Thaler, of Ithaca, will be
furnished to
the purchaser.
'A
certified check for $800, payable
.
to
the
Village, is required.
East
Hampton
Union
School District No.
Bond
1
Free,
(P. O.-u
Hampton), N. Y.
Offering — Charles R.
Mansir,
ceive
District/Clerk,
sealed
bids
will
until
4
re¬
p.m.
(DST)
of
on May 26 for the purchase
$45,000 not to exceed 5% in¬
terest
school,
1949
coupon
or
registered bonds.
Dated May I,
1.949.
Denomination $1,000.
Di*e
on May 1, as follows:
$4,000 from
1950 to 1954 inclusive, and
$5,000
from 1955 to 1959 inclusive. Prin¬
cipal and interest (M-N)
the
at
Osborne
Hampton.
Trust
Bidders
payable
Co.,
to
East
the
name
of
interest, expressed in a
multiple of y4 or l/10th of 1%.
The
approving opinion of Vandewater, Sykes, Heckler & Gallo¬
out
of New York
the
to
City/ will be
purchaser with¬
cost. /
A certified check for
payable to the District, is
required. / //'~ ■ /-"//
• /v
$900,
Fallsburgh,
Fallsburg
Fire
Disi.
(P. O. South Fallsburg), N. Y.
Keiles,
receive^
sealed bids until 3:30 p.m. (DSJ>
on
May 26 for the purchase of
$18,000 not to exceed 4% interest
District
Secretary,
will
fire
apparatus, 1949 coupon
registered bonds. Dated June
Denomination $1,000.
1949.
$2,000
on
March
inclusive.
1958
the
rate
from
1
Bidders
or
1,
Due
1950 to
to
name
of
interest, expressed in
a
multiple of y4| or 1/10 of 1%.
Principal and interest (M-S) pay¬
able at the South Fallsburg Na¬
tional Bank. South Fallsburg. The
approving opinion of Hawkins,
Delafield
&
Wood
of
New
York
to 1952 inclusive, $2,1953, and $2,000 in 1954.
Principal and interest (J-D) pay¬
at
the
First
Chateaugay,
to
National
in
of
a
The
1%.
callable
and
interest
payment
rate
bonds
date
in
numerical order of
on
redemption.
certified
such
are
to
inverse
maturity,
of
is
in¬
any
prior
the
giving of notice
for
of
multiple of
redeemable
maturity,
Bank
Chateaugay.
the
name
terest, expressed in
their
Hempstead Union Free Sch. Dist.
No. 3 (P. O. East Meadow),
'
New
1950
in
500
l/10th
Sale—The
169,
on
Bidders
Cumberland County (P. O. Bridge-
—v.
or
June 1, 1949.
of
NEW JERSEY
interest
registered
City, will be furnished to the
bids until .2 p.m. (DST) on May purchaser without cost,
A certi¬
27 for the purchase of $16,500 not fied check for $360, payable to the
to exceed 5% interest school cou¬
Town, is required.
able
furnished.
Bond
pay¬
No. 1, N. Y.
Bond
receive
May 24 for the purchase of $200,000
$36,060.82,
Chateaugay Union Free Sch. Dist.
Pou-
5%
or
Bond Offering—Bernard
June
the rate
name
exceed
Dated
.
and
and
$45,000 in 1954.
Dated
Boston.
O.
to
1949 coupon
May 1, as follows:
$1,500 from 1950 to 1953 inclusive,
from
$40,000
inclusive,
Legality to be approved by Storey,
Thorndike, Palmer & Dodge of
Nashua, N. H.
Offering—Alfred
not
bonds.
way,
improvement
one
June
on
•
re¬
supply
inclusive.
bonds.
1951
County (P. O. Berlin),
New Hampshire
on
except
.
of
amount
sealed bids until 1 p.m.
furnished
jointly, for l^s, at a price
County
1949.
inclu¬
1968
,
206,541.10
sec¬
Harriman
the
Dryden, N. Y.
Offering—Roger T, GivVillage Clerk, will receive
ens.
rate
1979
June 1 from
Note Offering—J. Arthur Sulli¬
van,
$40,-
inclusive, and $37,000 in
$5,000
100.52.
Coos
on
1951; $40,000 from 1952 to
Denomination
Ripley, Inc., and Robert Hawkins
of
to
150,000.00 water
Dated
1.33%.
on
inclusive.
highest bidder
& Co.,
inclusive;
1963
1959.
& Co., as IV2S, at a price of 100.77,
ond
Due
$1,000.
Due on June
follows: $45,000 in 1950
1958
The
partmental
a
1962
from
and
,
of
pur¬
certified
East
ination
$225,000 de¬
equipment bonds of¬
were
to
as
2%
A
District, is required.
follows:
improvement
Denomination $1,000,
sive, and $34,000 in 1969.
1,
Bond
for
the
to
cost.
bonds to be bid for, payable to the
ex¬
1, as follows: $85,000 in
1950; $80,000 in 1951 and 1952;
$80,500 in 1953; $45,000 from
1955
furnished
without
check
June
on
t '
be
chaser
of
except one for $500.
author¬
H.
May 1, 1949.
National
pressed in
407,000.00 airport bonds. Denom¬
N.
p.m.
pur¬
$1,050.
interest coupon or regis¬
bonds.
NEW HAMPSHIRE
Concord,
E.
will
3
the
for
tional Bank, Dryden.
City
on
of
ceed 4%
S.
held
23
Denomination
water,
receive sealed bids until 12:30 p.m.
..
$231,000 road
and bridge bonds offered May 12
bonds
improvement
1
and
Offering
Ehrhardt,
May 10.
inclusive.
Imperial, Neb.
1972
to
April
on
Albany, N. Y.
bids until May 31 for the
purchase of $20,000 not to exceed
3%, interest library improvement
May 1
on
1
3.14%.
Bond
sealed
bonds.
until
of
name
pur¬
Offering—Walter
and will be delivered
Alice
Due
NEW
Bressler, City Clerk, will receive
sealed bids until 11
$20,500
April
on
Peters, Writer &
Christensen, jointly, on a bid re¬
flecting a net interest cost of
a
to
May
on
g—William
Treasurer,
bids
chase bonds.
$1,039,500.00 public
lin,
bonds has been sold
sewer
Co.
to
Wayne, Neb.
Note
Wachob-Bender
1958
rate
furnished
be
Clerk, is required.
NEBRASKA
3s."
as
&
veen
payable to the City, is required.
June 30,
each
Due
April 1, 1949. The sec¬
highest bidder was John Nu-
ond
chaser at the expense of the City.
A
certified
check
for
$45,880,
amount will become
day
3V4s.
Dated
of
interest, exmultiple of 1/10 of
1%.
The approving opinion of
Chapman & Cutler of Chicago,
name
Dist,.
Bond
as
from
1956.
July 1, 1949. Denomina¬
Principal and inter¬
(J-J) payable at the County
Treasurer's
1950, and a like
payable June
30, 1951. and two bonds of $1,000
each will become payable on the
on
1933—were awarded to
p.
from 1951 to 1957 inclusive.
the' City, five
from the date
more
Mex.
$1,000.
sold and
Bonds Sold—An issue of $6,000
Webber
of Chi¬
or
N.
Sale—The $250,000 water
bonds offered May 16—
$60,000
of
redeemable
Fire
$10,500 not to exceed
2}A% interest fire equipment pur¬
follows:
as
issue.
the
determine upon aat
the time of sale, both principal
and
interest
to
be
payable in
serni-annuaLinstallments during a
period of 20 years from the date
Mont.
Paine,
Curtis, both
and
serial
into several bonds
from
$995,000 land
acquisition and Civic Center con¬
struction offered May 16—v. 169,
p. 1933-^were awarded to a syn¬
dicate composed of Halsey, Stuart
&
will
bonds
and
single bond
one
Silver Bow County (P. O.
Butte),
30,
Trustees may
MONTANA
Sale—The
of
sealed
(DST)
chase
n
District
receive
Philmont
Stranahan, Harris & Co., Inc. of
Toledo, and Barcus, Kindred &
Co. of Chicago, jointly, at a price
of 100.05, a basis of about
3.13%,
Dated
issued the entire issue may be put
1954 to 1957 inclusive.
Bond
June
If amortization bonds
399.000
|
the
169,
v.
second choice of the School Board.
Bank of Mem¬
price of 100.25,
for
Bonds Sold—An issue of
..
are
option
years
as
/
MISSISSIPPI
.
time
same
Ainsworth, Neb.
•
bonds
the
Prouty,
i
e r
and interest
MEXICO
Hobbs.
Bond
years
July 1,
on
on
"
•
NEW
the
date
1, 1949 and due
'
*
»
revenue
the
and
Due
The
payable
not to exceed
interest School District No. 5
1.48-%/.•'
/
'
L
Benton
,
by
the
at
price of 100.06, a basis
a
of about
v
p.
purchased
&
bids
" from
park
bonds.
A
ourchase of $38,000
same
ized at the election held
300,000
tion
/
190,000
presssed in
all
State./ A
certified
checks/for to the District Clerk, is required.
Additional
$750,000
payable
to / the ; State
Offering—The Dis¬
Treasurer, is required. //[;;/// /./ trict Clerk will also receive sealed
Watonwan
more
of
March
2.80s..
f
-boulevard
at
awarded* to
were
O f f
Due $1,050
March 1 from 1950 to 1959 in¬
March 1 from 1951 to 1965 inclu¬
clusive.
sive. B. J. Van Ingen &
Bidders to name the rate
Co;, Inc.,
of interest, expressed in a
New York, only other
multiple
bidder, of¬
of y4 or 1/10 of 1%.
fered a price of 100.169 for
issue.
thereafter until
30,
and
Bond
on
bonds.
redeemable
are
est
June
on
Dated
July 1, 1954.
on
1951, and
three bonds will become payable
on
the
same
day of each year
payable
crossing
street
or
of
become
(CST)
option of the City, five
each, four bonds in the
of $1,000 each will be¬
payable on June 30, 1950,
a
receive
a.m.
$225,000 school
May 18—v. 169, p."
offered
—
1, 1954.
grade
bonds
amount
come
10
bonds. Due on July 1, 1954.
1,225,000 sewer bonds. Due on
July 1, as follows: $625,000 in
Z" v 1955 and
$600,000 in 1956. The
sold
are
June
Due
pe¬
amount
Dineen,
follows:
as
100,000
riod of 20 years from the date of
they
bids, until
oh
of Trus¬
during
J.
will
Mellenville
53
(P. O. Mellenville), N. Y.
Boland,
$affin & Co., New York, and
MacBride, Miller .& Co., of New¬
ark, jointly, as 2.40s, at a price of
100.177, a basis of about 2.376%.
Neb..
Clerk,
100,000
determine upon at the
sale, both principal and
to be payable in
semi¬
of
annual
the
londs
>153
Offering—M.
divided
may
after
en¬
one
Co.,
$515,000 aviation field bonds. Due
on July
1, 1954.
54,000 "auditorium bonds.
Due
bonds.
serial bonds the second choice of
Trust
Claverack,
River), N. J.
Bond Sale—The
23/4s. "
as
Twp. Sch. Dist.
O. South
(2257)
"
June 6 for the purchase of $2,-
bonds will be the first choice and
the
First
the
ha"
•
Brunswick
(P.
294,000 not to exceed 3% inter¬
est, series of 1949 coupon bonds,
30, 1949. Amortization
bonds as
Council,
to
City
$26,001
No. "14. bonds
Omaha,
sealed
/
?
(P. O. Park City), Mont.
'
Offering—A. M. Bachanz,
eral
July 1 from
sold
Lincoln,
Jr.,.
from
years
Bond
tire
on
Dist.
inclu¬
1969.
in
after
issue..;
1968
Stillwater County School District
bonds
'000
.
been
of
on
pon
'
Paving
1, as follows:
to
$48,800
and
callable
are
ans'
adjusted compensation cou¬
bonds.
Dated June 1, 1949.
Denomination $1,000. Due $8,400,-
1950
CHRONICLE
East
Bonds Sold—An issue of
price of 100.0502, a basis
2.486%. Dated June 1,
a
about
to
(State of)
Offering—Stafford
.'bids until 10
2%s,*at
of
FINANCIAL
Ogallala, Neb.
V. Sattley
Richards & Blum, of Spokane, as
the
/principal amount of bonds,. pay¬
able, to
Gladys -E. > Miller, "City
'Treasurer, is required.;/
.v.
r
H.
;
1970 to 1979 inclusive.
pressed in
Milwaukee Co., Milwaukee,
& Co., Detroit, and
cago,
&
upon
call
for
donald,
ceive
John
2:30
check
York
Offering—Alastair
District
sealed
H.
Clerk,
bids at
Borrie
of
the
Mac-
will re¬
office of
Mineola,
until
(DST) 'on May 25 for
the purchase of $458,000 not to
exceed 4%
interest school, 1949
coupon or registered bonds. Dated
June
1,
19£9.
Denomination
$1,000. Due on Dec. 1, as follows:
$21,000 from 1950 to 1952 inclu¬
sive; $22,000 hi 1953; $23,000 in
1954,, and $25,000 from , 1955 to
1968
the
A
$330, payable to the District,
required.
Bond
p.m.
inelusiye^/^idders to name
fate of interest, expressed in
J/4 or 1/10 of 1%.
Principal and interest (J-D) pay¬
able at the National City Bank of
a
multiple of
54
jt,
»
■*
•> \>' ■
••
•
•"**_
t
York
New
« _»
City.
**
*
,
?
1949
Monday, May 23,
CHRONICLE
sealed bids at his office in
Raleigh,
a.m. (EST) on May 24 ior
purchase of $50,000 not to ex¬
Principal and interest (J-D)
June 15 from 1950 to 1953 inBid-- ceed-6% interest refunding cou¬
elusive.
K 1, as follows: $7,000 from 1950< payable in New York City.
pon bonds, divided as follows: ;; ' i
ders to name the rate of interest,
to 1953; $8,000 in 1954; $9,000 in
42,000,000 Fifteenth Series bonds
expressed in a multiple of y\ of $45,000 road and bridge bonds.
Due
$2,000,000 on June 15 1955; $10,000 from 1956 to 1964;;
The approving opinion of /:
Due $9,000 on June 1 from
$5,000 from 1965 to 1974, and $4,- -1%.
from
1954 to 1974 inclusive.
000 in
1975.
v
1970 to 1974 inclusive.
/
Principal and in¬ Reed, Hoyt & Washburn, of New.
Noncallable
until
June
15,
York City, will be furnished to
terest
5,000. school bonds. Due $1,000
(A-O)
payable
at
the
1960; thereafter callable at
A certified check
on June I from
United States Trust Co., New,York the purchaser.
1970 to 1974
par plus 4/4 of 1% of the prin¬
for $6,000,. payable to the State
|
inclusive.
'
» ■
cipal
amount
for
each
12 City; Bidders to name the rate of
' / Dated June
interest, expressed in a multiple 'Treasurer, is required.
months period or for any re¬
1, 1949. Denomina¬
of l/i or 1/10 of 1%.
The approv¬
tion $1,000.:' Principal and inter¬
maining
fraction
of
a
12
Jackson, N. C.
ing opinion of Caldwell, Mar¬
est (J-D) payable in New York
month period from the date
Bond
Offering—W. E. Easterfixed for redemption to the shall, Trimble & Mitchell, of New
City. Bidders to name the rate of
ling, Secretary of the Local Gov¬
York City will be furnished to the
interest, expressed in a multiple
maturity date of the bonds,
ernment Commission, will receive
purchaser." A certified check for
but in any event not to ex¬
of J/4 of 1%. The approving opin¬
sealed
bids
at
his
office
in
$3,780, payable to the Town, is re¬
ion of Storey, Thorndike, Palmer
ceed 103% of par, except they
Raleigh, until II a.m. (EST) onquired.
:
will be callable at par only on
& Dodge of Boston, will be fur¬
May 24 for the purchase of $7,503
or after June 15,
nished to the purchaser. A certi¬
1970.
Solvay, N. Y.
not
to
exceed 6%
interest fire
The
Fourteenth
Series
Due
$3,000,000
on
$12,000,000
bonds.
of Hawkins,
out charge.
FINANCIAL
&
•.
approving
Delafield &
Wood of New York City, will be
furnished to the purchaser with¬
opinion
COMMERCIAL
THE
(2258)
-
>
A certified check for
$9,160, payable to the District, is
requiied.
Dated
from
inclusive; $8,000 in 1957; $15,000
1958 to 1973, and $10,000 in
April
1;? 1949.
The
$1,000.
until 11
1974.
Denomi¬
bonds stated
in combination will mature April
nation
the
■
.
Hempstead Union Free Sch. Dist.
No. S (P. O. Mineola), N. Y.
Bond
to
a
velt
•
Sale
The
—
$1,165,000
1949 bonds offered May 18
school
169,
—v.
awarded
2153—were
p.
syndicate composed of Roose& Cross, of New York, Ma¬
rine Trust
Co., of Buffalo, Blair &
Inc., Hornblower & Weeks,
of Michigan Corps., Francis
duPont ,.& Co., R. D. White &
Co.,
First
I.
Tilney & Co., and Tripp &
aR of "New" York, as 2.70s,
price of 100.24, a basis of
Co.,
Co.,
.
at
a
about
June
dated
ture
The
2.67%.
1949
Second
and
1950 to
Dec. l drom
on
incl.
1,
bonds
are
ma¬
tions
School District No. 1
Madison), N. Y.
+
Offering
Bond
G. Smith,
T.
—
District Clerk,
will receive sealed
bids until 3:30 p.m. (DST) on May
26 for the. purchase of $170,000
not to exceed 4% interest school,
registered bonds.
Dated June 1, 1949. Denomination
1949
coupon
which
or
$1,000. Due on Dec. 1, as follows:
$10,000 from 1950 to 1964 inclu¬
sive, and $5,000 from 1965 to 1968
inclusive;
Principal and interest
(J-D) payable at the First Trust
r& Deposit C6;; Oriskany Falls, or,
at the option of the holder at the
Grace National Bank; New York
together
used,
callable, in part or as a
whole, beginning on Dec. 15, 1950
102% of par value.
are
at
Rockville
Bond
(P. O.
be
the
general and refunding
bonds, fourth series, 3%, due 1976,
Central
Eaton
and
Madison
will
and
fund
Stevenson & Co., Chas. E.
Weigold
& Co., Paine, Webber, Jackson &
Curtis, E. H. Rollins & Sons, and
B. J. Van Ingen & Co., jointly, for
2.90s, at a price of 100.54.
1949. The pro¬
15,
with other available funds, to re¬
was
Co., Inc., Bacon,
June
in short-term Government obliga¬
1968
highest bidder
Geo. B. Gibbons &
Dated
ceeds of this sale will be invested
Centre, N. Y.
Offering
—
Robert T.
Eichmann,
the
Village
Treas¬
urer, will receive sealed bids un¬
til 1:30 p.m. (DST)
on May 25
for the purchase of $350,000 not
exceed
to
light,
electric
interest
5%
coupon or registered
Dated June 1, 1949.
De¬
1949,
bonds.
nomination $1,000.
1,
as
1959
Due on June
follows: $15,000 from 1950 to
inclusive, and $20,000 from
1960
to
the
name
rate of
interest,
ex¬
payable
(J-D)
ville Centre. The approving
■
Note Offering—Sealed bids will
until
be received
(P. O.
Spa), N. Y.
Ballston
(DST)
noon
on
May 25 for the purchase of $26,-
Bond
Offering
Arthur
—
L.
Bumstead, County Treasurer, will
receive
sealed
bids
at
Wood-
31
XL notes.
Dated lawn Avenue, Saratoga Springs,
June 17, 1949.
Due on Dec. 15, until 2 p.m. (DST) on May 26 for
;1949.
Payable at the Chemical the purchase of $285,000 not to
Bank & Trust Co., New York City. exceed 5 % interest 1949 coupon
The approving opinion of Cald¬ or registered bonds,
divided as
well, Marshall, Trimble & Mit¬ follows:
687,000
chell
Issue
York
New
of
to the
furnished
City
will
be
purchaser with¬
$190,000 bridge bonds.
Due on
May 1, as follows: $15,000 in
out cost.
1950
North Hempstead, U. F.
No.
10
and $20,000
from 1952 to 1959 inclusive.
S. D.
O. Mineola),
(P.
,
the
—
Sale of
postponed, due to an expected up¬
revision
ward
District's
the
of
bond rating.
North
Hempstead Union Free
Sch. Dist. No. 7 (P. O.
1,
from
bonds,
originally
May 24, has been
$600,000
for
scheduled
and
Due on
as
follows: $10,000
1950 to 1958 inclusive,
May
Postponed
Bond Sale
1951,
95,000 laboratory bonds.
New York
-
and
at
United
the
States
Trust
syndicate composed
City Bank, Blyth
of Vandewaterv Sykes, Heckler &
Co., Blair & Co., Inc., Geo. B.
&
Co., Inc., Chas.
E.
Galloway,, of New York City, will
be
furnished
to
the
purchaser
Co.,
Neck), N. Y.
Sale—The
Bond
$2,470,000
school bonds offered May 17 were
awarded to a
of
&
National
the
Gibbons
of Buffalo,
of 100.13,
a
as
offered
2.30s, at a price
2154—were
May
to
Smithtown
:
at
price
of
169, p.
the Se¬
ceive
high bid of 100.032 for 1.90s was
made by Erickson, Perkins & Co.,
Offering
Commissioners
will
receive
(DST)
purchase
and
as
May
10
a.m.
as
24
of
#
Dist.
1, as
follows: $4,000 from 1950 to
1953 inclusive: $5,000 in 1954;
$6,000 from 1955 to 1964 in¬
135,000 Smithtown
bonds.
Authority
bids until 11
the
for the
general
bonds, di¬
June 1
of- $54,000,000
on
serial
follows:
10,000 series B
clusive;
r
-
'1974
June
on
Due
on
$5,000
Water
April
from
sewer
from
1
Due
are
dated June
1965
to
inclusive, $4,000 in 1975.
May 24 for
on
$6,000
inclusive;
(P. O.
Washington), N. C. \
and
1960
County
1951 to 1956
1957; $5,000
in
1959, and $10,000 from
1979 inclusive. Prin. and
1958
NORTH CAROLINA
to
(J-D) payable in New York
City. Bidders to name the rate of
Bond Offering — W. E. Easter-, interest,expressed in a multiple of
ling, Secretary of the Local Gov¬ !4 of 1%. The approving opinion
ernment Commission, will receive of -Reed,
Hoyt & Washburn, of
sealed bids at his office in Raleigh, New York City, will be furnished
to
the
until 11 a.m.
purchaser.
A
certified
(EST) on May 24
for the purchase of $50,000 not to check for $5,000, payable to the
exceed
6%
interest
refunding State Treasurer, is required.
int.
Dated June 1, 1949.
$1,000.
Due, on
follows: $10,000 in 1954
bonds.
coupon
Rutherford
Denomination
June 1, as
1955; $2,000 in 1956; $10,000
and 1958, and $8,000 1 in
1960. Principal and interest (J-D)
195
Bid¬
ders to name the rate or rates: of
interest, expressed in a 'multiple' of
% of 1%. The approving opinion
of
& Washburn of
New York City, will be furnished
to
the
purchaser.
A certified
check for $1,000, payable to the
State Treasurer, is required.
Hoyt
Reed,
County (P.
Louishurg), N. C.
Offering—W.
Bond
E.
Raleigh,
until
bids
.sealed
1,
000.
000
to
not
in
(EST)
on
multiple of V\ of 1 %.
The
approving ■ opinion
of
Storey,
Thorndike, Palmer &
Dodge of
Boston, will be furnished to the
in
a
in
New
urer,
York
the
interest,
offered
awarded
Securities Corp., of Durham/ and
and Phelps, Inc., Of New
York, jointly, at a price of: 100.01,
a basis of .about)2.32%, as follows:
Byrne
to
ex¬
pressed in a multiple of V4 of 1%'v
Due on June
approving opinion of Mit¬ "$60,000 as 5s.
from 1952 to 1957 inclusive.
chell & Pershing of New York
1
City, will be furnished to the pur¬
chaser. A certified check for $2,-
1
The
500,
urer,
•
Bond
Offering—W.
E.
Easter-
ling, Secretary of the Local Govt
ernment Cqmmission, will receive
bids
sealed
at
his
office
not
exceed
to
6%
;
'
interest
and
June
tion
$1,000.
follows:
sewer
1,
;
coupon
1949.
Due
• •
on;
bonds:
Denomina*
June
1,
as
$6,000 from 1950 to 1956
on
June 1
inclusive.
curities Corp.,
000
and
2V4S,
Charlotte, for $30,j
4s;.$85,000
as
2V2S,
at
a
North
;
Carolina
Offering—W.
ling, Secretary of
1.
from
inclusive,
to
$34,000
and
-
fol¬
as
1950
1960 to 1964 inclusive.
from
.
ries C bonds.
Oct.
from
1
Due $10,000 on
1950
in¬
1974
to
clusive.
250,000 division of fire improve¬
Series
ment,
Oct.
on
from
1,
as
1950
bonds.
B
Due
follows:
1954
to
$16,000
inclusive,
1955 to 1964
and $17,000 from
inclusive.
200,000 street opening, widening
and
extension, Series C bonds.
?
Due
$10,000
1950
to
950.000
Oct. 1
inclusive.
on
1969
from
improvement 1949
on Oct. lr as fol¬
$47,000 from
1950 to
inclusive,
and
$48,009
sewer
bonds.
lows:
1959
Due
/ -from 1960 to 1969 inclusive.
Dated
June
1, 1949. Denomina¬
Principal and interest
payable at the office of the Fiscal
tion $1,000.
Agent of the City; in New York
City, or at a bank in Dayton. Bid¬
ders to name the rate of interest,
of
of
of
expressed in a multiple of J/4
1%.
The approving opinion
Sanders &
will be
Squire,
Dempsey,
furnished
the purchaser without charge.
to
Cleveland,
check for 3%
certified
value of the bonds,
A
of the par
payable to the
City Accountant, is required.
Middletown, Ohio
Bond
bell,
Offering
—
Auditor,
City
C.
H. Camp¬
will
receive
(EST) 611
June 7 for the purchase of $450,000
2V2%
underpass,
unlimited
tax bonds.
.Dated June 1, 1949.
bids
sealed
until
noon
Denomination $1,000. Due 011 Dec.
1,
follows:
as
$23,000 from 1950
$22,000 from
Bidders to
to 1959 inclusive, and
1960 to 1969 inclusive.
the ' rate" of
name
interest,
ex¬
pressed in a multiple of % of" 1%.
These bonds were authorized at
held on Nov. 6, 1945.
approving opinion of Souire,
Sanders & Dempsey, of Cleve¬
land, will be furnished at the ex¬
pense
of
check
for
bonds, payable, to the City, is
required.
Ncrth
Royalton (P. O. Abbey Road,
R.F.D. No. 1, Berea). Ohio
Bond Offering — Walter L.
; '
Clements, Village Clerk, will re¬
sealed " bids ' until
8- p.m.
ceive
(DST) on June 1 for the purchase
$15,000 3% village hall addi¬
of
Dated
June 1, 1949.
and
$1,000 on Dec. 1 from 1950 to 1959
inclusive.
Payable at the Brecksville Bank, Brecksville. Bidders to
name
the
rate' of interest exmessed in a multiple of J/4 of 1%.
bonds."
Denomination $500 oh June 1
approving opinion "of Saiiire,
of Cleveland,
together with the printed bonds,
will be furnished to the nurchaser
E.
3;)
Easter-
Sanders & DCmnsey,
at
the
expense-
the* Local Gov-, .certified
ernment Commission,
the City.
A certified
1% of the amount of
the
The
County (P. O. Wilkesboro),
;
Bond
2s;($95,000■■■'as
as
par.;vV;
price of
Wilkes
as
$290,000
Oct.
on
250,000 bridge improvement, Se¬
tion
highest bidder was Interstate SeT
,
water
Dated
Due
1978
Dated June 1,1949. The second
in
Raleigh, until 11 a.m. (EST) 011
May 24 for the purchase of $300,000
l%s.
Due on June
from 1958 to 1960 inclusive.
payable to the State Treas¬ I
400,000 as 214 s.
is required.
from 1961 to
;
Due
$33 000
1959
-
40,000 as
v
$2,-
the election
17—v. 169, p.
to the First
May
on
of
The
Sale—The $500,000 water
Bond
bonds
2042—were
(J-D) payable
of
:
Statesvllle, N. C.
Prin¬
City. ..Bidders
rate
certified check for
to the State Treas¬
is required.
.
June
from 1958 to 1967 inclusive.
name
interest
$5,009 in 1958. Principal and
(J-D) payable in New
Bidders to name' the
rate or rates of interest, expressed
Easter-
office
cipal and interest
6%
exceed
and
coupon
on
in
rood, bridge and general refund¬
ing; 1949 coupon bonds,
Dated
June t, 1949. Denomination $1,000
Due on June 1, as follows: $5,000
in 1955 and 1956; $10,000 in 19u7,
1949.
Due
office
Raleigh, until 11 a.m. (EST) on
May 24 for the purchase of $25,-
bonds.. -? Dated
Denomination $l,f
1, as follows:
$4,000 from 1952 to 1956 inclur
sive; $5,000 in 1957, and $10,000
June
his
at
May 24 for the purchase of $125,- purchaser. A
000 not to exceed 6%
interest $500, payable
hospital
Easter-
York City.
a.m.,
11
■
E.
interest
his
at
bids
O.
(P.
ling, Secretary of. the Local Government Commission, will receive
O.
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed
Offering—W.
Bond
r
payable in New York City.
County
Rutherfordton), N. C.
and
in
bonds.
on
1950; $4,000 from
in
1, 1949.
Beaufort
(EST)
(EST)
purchase
bonds, divided as
improvement, Senes D
sewer
1, 1949. Denomination $1,000.
June 1, as follows: $10,000
June
inclusive.
All of the bonds
a.m.
E. Kagcr-
noon
$500,000^ city's portion, -street and
ing, Series A, coupon bonds. Dated
1959
to
Easter-
the
for
9
150,000 coupon
follows:;
exceed
bonds. Due
1950
June
re¬
purchase of $250,000 not to
6% interest school build¬
the
Hickory, N. C.
James
Water
Dist.
Due on April 1, as
follows: $3,000 from 1950 to
1955
inclusive,
$4,000 from
The Finance
until 11
inclusive.
follows:
$54,000 St.
f
bonds.
Authority, N. Y.
—
sealed
refunding
vided
until
1956 to 1964 inclusive.
Port of New York
a.m.
on
bonds, divided
of Rochester.
Bond
bids
sealed
for the pur¬
chase of $189,000 not to exceed
5% interest coupon or registered
(DST)
100.021,
1, 1949 and due on June 1 from
1950 to
1968 inclusive.,
Second
(P.O.
Branch), N. Y.
Offering—Harry E. Martinsen, Town Supervisor, will re¬
a
basis of about 1.748%. Dated June
a
check
Bond
curity Trust Co., of Rochester, as
1.80s,:
certified
A
SmithtownWater District
16—v.
awarded
cost.
payable to the County
is required.
.
•.
.
..Dist. (P. O. Pittsford), N. Y.
Bond Sale—The $37,000 water
bonds
rate
for $5,700,
basis of about 2.28%.
Pitt&fordi Long Meadow Watefi
York
the
without
Weigold & Co., all of New York,
and Schodllkopf, Hutton & Pomero.y
New
name
Sale consisted of:
1.723%.
E.
until
bids
sealed
(P. O. Sanford), N. C.
Offering—W.
Bond
E.
—
City Accountant, will receive
man,
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh
$30,000 series A street bonds. Due
on June
1, from 1950 to 1959
Offering
lows:
Lee County
Rollins &
H.
Franklin
City. Bidders to
of interest, ex¬
pressed in a multiple of V4 or 1/10
of
1%.
The approving opinion
Great
E.
to
is required.
Dayton, Ohio
Bond
pay¬
is
$1,000, payable to
OHIO
quired.
Sons, of New York, as l%s, at a
100.14, a basis of about
1, 1949, Denomina¬
(M-N) payable fat the Adiron¬
dack Trust Co., Saratoga Springs,
or
at
the
option of the hold¬
er
able to the State Treasurer,
price of
Principal and interest
tion; $1,000.
awarded
were
check for $150,000,
certified
Y.
N.
$40,000 bonds
offered May 16—v. 169, p. 2154—
$5,000 in 1959.
Dated May
Falls),
for
check
fied
the State Treasurer,
a
Sale—The
Bond
opin¬
Saratoga County
York
2.20s, at
as
Glens
of
Bank
the
at
Rockville Centre Trust Co., Rock¬
New York City Housing Authority,
New
Buffalo,
pressed in a multiple of % or 1/10
of
1 %.
Principal
and
interest
City. The approving opinion of ion of Vandewater, Sykes, Heck¬
Hawkins, Delafield & Wood of ler & Galloway, of New York
New York City, will be furnished City, will be furnished to the pur¬
A certified
to the purchaser without cost. A chaser without cost.
certified check for $3,400, payable check for $7,000, payable to the
Village, is required.
to the District, is required.
,
1950, and $1,000 from 1951 to
price of 1957 inclusive. Principal and in¬
100.65, a basis of about 2.13%.• terest (J-D) payable in New York
Dated May 1, 1949.
Due on May City. Bidders to name the rate or
1 from 1950 to 1975 inclusive. The
rates of interest, expressed in a
second highest bidder was Roose¬
multiple of
of 1%. The ap¬
velt & Cross, for 2.20s, at a price
proving opinion of Reed, Hoyt &
of 100.65.
Washburn of New York City, will
be furnished to the purchaser.
A
Scuth Glens Falls (P. O.
of
Bidders
inclusive.
196.9
to
equipment coupon bonds.
Dated
June 1, 1949.
Denomination $500.
Due cn June 1, as follows: $530 in
general
Sale—The $72,000
Bond
improvement, 1949 bonds1 offered
May 12 —v. 169, p. 2041 — were
awarded to the Marine Trust Co.,
will receive
to the
of the Village.1: A
check for $150.
Village, is required,
payable
^
.
^
^
Randolph Local Sch. Dist., Ohio
Bond Sale—The $120,000 build¬
ing bonds offered May 12—v. 169,
p. 1934 — were awarded to the
First
Cleveland
of Cleve¬
land, as 2y2s, at a price of 101.31,
a
basis of about 2.35%.
Dated
COMMERCIAL
THE
Number 4805
Volume 169
These
CHRONICLE
were authorized at. Secretary of the Board of Direc¬
held on May 7.
A tors, will receive sealed bids until
check
for
2%
of the 2 p.m. (PST) on May 26 for the
certified
amount of the bid is required.
purchase
ceed
Corp.,
Shawnee, Okla.
interest
bonds.
enue
Bond Sale Details—The
$200,000
of
4y2%
Dated
not to
electric
l%s, at a price of 100.39. The
highest bidder was Moore,
& Lynch, for 2s, at ,a
price of 100.20.
second
Leonard
ex¬
Harrisburg, Pa.
July 1, 1948.
Bond Offering—A. A.
rector
until
(EST) on
May 28 for the purchase vof $40,000 3%
noon
municipal building bonds.
1, 1949. Denomination
Due $2,000 on Nov. 1 from
Hated May
$1J)00.
Bidders to
3950 to 1969 inclusive.
the rate
name
a multiple of lk o±
approving opinion of
Peck, Schaffer & Williams, of Cin¬
cinnati,. will be furnished to the
purchaser without cost.
A certi¬
1%.
check
for
1%
bonds
the
of
hid for, payable to the Village, is
required.
,
,
Shelby, Ohio
Bond Sale Details
2s, at
as
a
The
—
1.87%,
previ¬
as
169, p. 2042—are
in denominations of $500 and $665,
1, 1949, and are
due $1,165 on Dec. 1 from 1950 to
1954 inclusive..
%
Tiverton
Local Sch. Dist.
(P. O.
Sale—The
$35,000 build¬
ing bonds offered May 11—v. 169,
p. 2043—were awarded to J. A.
White
&
Co., of Cincinnati, as
2%s, at
a
price of 100.88,
about 2.63%.
Hue
a
basis of
Dated May 1, 1949.
1 from
Nov.
on
1950 to
inclusive.
;
,
Bond
School
Clerk of the Board
will
receive;
8 p.m.
Okla.
District,
Offering—Max M.
Klein,
of Education,
until
bids
sealed
May 24 for the
purchase of $75,000 not to exceed
5% interest building bonds. Due
$8,000 from 1952 to 1959 inclusive,
and $11,000 in 1960.
The bonds
held
for
(CST)
on
authorized
election
the
at
May 10. A certified check
of the amount of the bid
on
2%
: v;.
is required.
i
Tulsa, Okla.
Offering — A.
Bond
Maxwell
Smith, City Auditor, will receive
sealed bids until 10 a.m. (CST) on
June 7 for the purchase of $6,430,000 bonds, divided as follows:
water
$5,750,000
bonds.
ment
from
Y
V and
works improveDue
$240,000
1951 to 1973 inclusive,
$230,000 in 1974.
340,000
sanitary
sewer
bonds.
Due $20,000 from 1952 to 1968
:;
inclusive. /,
340,000
storm
^::
sewer
pal building bonds offered May 16"
169, p. 1934—were awarded to
the
First
Cleveland
Trust
Co.,
of Cleveland.
Dated June 1, 1949.
Due on June 1 and Dec. 1 from
1950 to 1957 inclusive.
'
OKLAHOMA
Okla.
Bristow,
%
Bond
Offering
|
elusive.
&
Clerk,
divided
as
will
of the
'
'
Virgil Stine,
Clerk of the Board of Education,
(CST) on May 23 for the
purchase of $68,500 not to exceed
2%% interest building and equip¬
ment bonds.
Due $12,000 from
1952 to 1956 inclusive, and $8,500
p.m.
3,500 fire
fighting . equipment
bonds.
Due $1,000 from 1952
to 1954 inclusive, and $500 in
1955.
2,500 police
1953
These
1957.
bonds
were
election
au¬
at
May 10.
A certified check for 2%
of the bid, is re¬
the
of
the
held
thorized
on
amount
quired.
Bonds
bonds
Sold
Not
exceed
to
offered
sold.
4%
department equip¬
bonds.
Due $1,000 in
and
1954, and $500 in
—
The
$5,000
interest
town
April 29 were not
A'
No. 30
Bond
School District
(P. O. Metolius), Ore.
Sale—The
bonds offered
2043—were
$68,000
May 14—v.
awarded
to
school
169, p.
the
from 1952 to 1969 inclusive.
,
to 1965 inclusive.
These bonds
the
election
certified
were
held
check
authorized at
on
for
April
5. A
of the
2%
amount of the bid is required.
Edmond School District,
-
Okla.
Bond Offering—Mildred I. Tal-
lant, Clerk of the Board of Educa¬
tion, will receive sealed bids until
8 p.m. (CST) on May 23 for the
purchase of $30,000 bonds, divided
as.
follows:
$26,000 building, repair and site
improvements bonds. Due $5,-
Port
"
000 from
1952 to
1955
inclu¬
sive, and $6,000 in 1956.
4,000 transportation equip m e n t
\
bonds.
Due $2,000 in 1952
and 1953..
Portland
(P. O.
Portland), Ore.,
Bond Offering—J. P. Doyle, As¬
sistant
Secretary,
will
receive
sealed bids until 9:30 a.m. (PST)
on
June 13 for the purchase of
$1,000,000 2% airport, Series K
bonds.
Dated Jan. 1, 1949.
Due
$1,000,000 on Jan. 1 from 1950 to
1959 inclusive.
Principal and in¬
terest payable at the office of the
Port, or at its fiscal agency in
New York City.
The approving
opinion
of
Storey,
Thorndike,
Palmer & Dodge, of Boston, will
be furnished
certified
to the purchaser. A
check-Jdr 2% of the
par
value of the bonds bid for is
delivered
free
purchaser.
2%
quired.
Tillamook
-J
the rate
name
A
the
of
of
face
to
the
check
for
the
charge
certified
of
amount
bonds, payable to the City Treas¬
urer, is required.
par
bonds,
Lower
Burrell Twp. Sch. Dist.
(P. O. R. D. No. 1, New Ken¬
Bond
bonds
Lea, Bor¬
receive
(EST) on
June 8 for the purchase of $250,000 municipal power plant gen¬
ough
Steele
1950
inclusive.
1974
to
Bidders
$75,000 school
May 16—v. 169, p.
awarded
to
Fauset,
&
of Pittsburgh, as
2V2S, at a price of 102.07.
The
second
highest bidder was Ar¬
thurs, Lestrange
& Klima, for
21/2s, at a price of 101.03.
erating equipment coupon bonds.
Dated July 1, 1949. Denomination
$1,000. Due $10,000 on July 1 from
,
Co.,
(P. O. Tillamook), Ore.
Bond Offering*-— H. T. Botts,
Fauset, Steele & Co., and Singer*
Deane & Scribner, both of Pitts¬
burgh, jointly, as l!4s, at a price
of 100.20, a basis of about
1.22%,
as
previously noted in v. 169,
p. 2043—are due. $3,000 on June 1
from 1950 to 1965 inclusive.
West
Wyoming School District, Pa.
$20,000 funding
Bond Sale—The
bonds offered
2043—were
the
name
rate of
interest,
ex¬
New Kensington, Pa.
*
Bond Sale
The $100,000 im¬
provement bonds offered May 17
multiple of Vs of 1 %.
The approving opinion of Burgwin, Churchill, Ruffin & Hazlett,
of. Pittsburgh, will be furnished
to
the
purchaser without cost.
pressed in
These
a
the bonds authorized at
are
the election held on Nov. 2,
A
1948.
certified check for $5,000, pay¬
able to the
Borough, is required.
Baden, Pa.
Correction
—
The
$46,000 gen¬
obligation bonds will be sold
p.m.
(DST) on May 23, and
not
on
May
28 as previously
noted in v. 169, p. 2155.
eral
at
National Bank
Dated
June
June
1
School
Bond
lohr,
Offering
Secretary
District,
—
Pa.
Board
of
Directors, will receive sealed bids
until.May 25 for the purchase of
$140,000 school coupon bonds. A
certified check for $2,800 is re¬
quired.
Claysville,
Bond
Offering—George J. Mel-
Borough
vin,
sealed
ceive
(DST)
Pa.
on
Secretary, will
bids
until
8
re¬
:p.m.
June 6 for the purchase
water filtration plant
July 1, 1949.
De¬
nomination $1,000.
Due $1,000 on
July 1 from 1950 to 1958 inclusive;
$2,000 from 1959 to 1969 inclusive,
and $1,000 in
1970.
Bidders to
name a single rate or interest, ex¬
pressed in a multiple of y4 of 1 %.
Principal and interest (J-J) pay¬
$32,000
bonds.
Dated
p.
2155—were
awarded
Wyoming,
Claysville, is required.
Coatesville, Pa.
Bond
only
ough
on
other
bidder,
-
sealed bids until 8 p.rh. (DST) on
May 23 for the purchase of $140,000 not to exceed 6% interest im¬
provement
1, 1949.
000.
Due
to
to
bonds.
coupon
June
Dated
Denomination
$7,000
1970
June 1
on
inclusive.
$1,from
Bidders-
the rate of
name
interest, ex¬
multiple of y4 of 1%.
Principal and interest (J-D) pay¬
pressed in
a
at
the
Wilkinsburg Bank,
Wilkinsburg. The approving opin¬
Burgwin, Churchill, Ruffin
Hazlett, of Pittsburgh, will be
&
furnished
second
out
highest bidder was Hemp¬
hill, Noyes & Co., for l3/4s, at a
price of 100.77.
Newport Township School District
(P. O. 10 Orchard Street,
Glen Lyon), Pa.
Bond Offering—Frank
ski,
Shemaji-
Secretary of
Directors,
the Board of
will
receive
(DST)
on
May 23 for the purchase of
$38,000 refunding coupon bonds.
Dated June 1, 1949. Denomination
School
bids until 7:30 p.m.
$1,000. Due on June 1, as follows:
$4,000 from 1950 to 1957 inclusive,
and $3,000 in 1958 and 1959. Bid¬
ders to
name
of the
certified
A
of the face amount
check for 2%
bonds, payable to the Dis¬
trict Treasurer, is
required.
Pen
Argyl, Pa.
1
$20,000 fire ap¬
paratus and equipment bonds of¬
fered May 13—v. 169, p. 2043—
awarded
were
tional
at
a
Bank
price of
to
the
of Pen
par.
First
Argyl,
as
Na¬
2s,
on
fered
were
1, 1949.
Due
'
Dated May
May 1 from 1950
on
Providence, R. I.
B
o n
d
S
a
I
e
The
—
$3,229,000
bonds offered May 18—v.
169, p.
1827—were awarded to syndicate
composed
of
Drexel
&
Co.,
of
Philadelphia, Bear, Stearns & Co.,
Roosevelt &
bour
Cross, Bramhall, Bar¬
& Co., Hirsch &
Co., all of
York, Courts & Co., of At¬
lanta, Lyons & Shafto, John Small
& Co., and
Shelby Cullom Davis
& Co., all of New
York, as 2.40s,
at a price of
101.05, a basis of
about
2.33%,
follows:
as
$729,000 refunding,
bonds.
Due
Series
on
June
11-D
1
from
1955 to 1972 inclusive.
1,000,000 recreational facil i ties
bonds.
Due
1952 to
1974 inclusive.
on
June
1,500,000 emergency
Series J bonds.
1
from
housing,
Due
on
June
1 from 1955 to 1974 inclusive.
Dated June 1, 1949.
Warwick, R. I.
Bond Sale—The $435,000 bonds
offered May 17—v. 169, p. 2043—
were awarded to Halsey, Stuart &
Co.,
Inc.
and
Estabrook
of
100.137,
&
Co.,
price
basis of about 2.186%.
Boston, jointly,
a
as
2.20s, at
a
Sale consisted of:
$225,000 highway bonds.
June
1
Due
on
from 1950 to 1959 in¬
clusive.
210,000 public works bonds.
West View, Pittsburgh, 29), Pa.
Bond Offering — Esther Hopf,
interest, expressed in a mul¬
tiple of y8 of 1%. The approving
District
Secretary,
will
receive
opinion of Townsend, Elliott &
sealed bids until 4 p.m. (DST) on
Munson, of Philadelphia, will be
delivered free of charge to the May 24 for the purchase of $250,000
construction
coupon
bonds.
purchaser. A certified check for
169, p. 2155—
Harfiman, Rip¬
to 1974 inclusive.
—
Clerk, 'will receive 100.27, a basis of about 1.59%, as
follows:
(DST) on
June 1 for the purchase of $130,- $160,000 as 4s.
Due on July 1
in 1950 and 1951.
000
coupon
improvement bonds.
Dated June 1, 1949. Denomination
640,000 as
ll/2s.
Due on July
1 from 1952 to 1959 inclusive.
$1,000. Due June 1, as follows:
$9*000 from 1950 to 1959 inclusive,
Dated June 1, 1949.
and $8,000 from 1960 to 1964 in¬
Ross Twp. School District (P. O.
clusive. Bidders to name the rate
to
basis of about 2.64%.
June 1 from 1950
price of
May 18—v.
awarded
ley & Co., Inc., and Kidder, Peabody & Co., of New York, jointly,
as
2%s, at a price of 101.07, a
Dated June 1,
a
for
Cranston, R. I.
Philadelphia, Pa.
The $800,000 re¬
funding bonds offered on May 18
—v.
169, p. 1935—were awarded
to Lehman Bros., of New York,
and Moncure
Biddle & Co.,
of
Sale
with¬
check
Bond Sale—The $200,000 school
site and other purposes bonds of¬
Only other bid
of par for 2y4s was made by the
Pen Argyl National Bank.
Bond
certified
RHODE ISLAND
New
Bond Sale—The
the purchaser
A
required.
a
Commonwealth.
the
to
cost..
$5,000, payable to the Borough, is
the rate of interest*
multiple of % of
1%.
to be approved by
Township School Solicitor and the
Department of Internal Affairs of
in
Legality
expressed
Offering—Frank P. Pen- Philadelphia, jointly, at
of
due
Wilkinsburg, Pa.
Offering—John Deal, Bor¬
Secretary,
will
receive
1 from 1951 to 1960 inclusive. The
City
negar,
2y2s.
as
able
1 %s,
1949 and due
Co.,
Claysville office.
approving opinion of Burgwin. Churchill, Ruff in & Hazlett,
of Pittsburgh, will be furnished
to the purchaser without cost.
A
certified check for $640, payable
to the order of the Borough of
Dallas,
1949 and
interest rate of 31/2%.
an
Bond
to 1959 inclusive.
Trust
of
1,
p.
First
ion of
at a price of
basis of about 1.61%.
Dated June 1, 1949.
Due on June
as
&
The
the
from
named
delphia,
100.83, a
sealed
Albert Bern-
of the
169,
to
1950 to 1959 inclu¬
The First National Bank of
sive.
to E. H. Rollins & Sons, of Phila¬
8
Butler
of
—v.
May 16—v. 169,
awarded
1951
—
to
on
June
1
from 1960 to
Due
1968
inclusive.
All of the bonds
are
dated June
urer,
is required.
Harborcreek Twp.
Sch. Dist. (P. O.
Harborcreek), Pa.
Sale—The $75,000 school
bonds offered May 17—v. 169, p.
2043 — were awarded to E. H.
Rollins
&
Sons,
of Philadelphia,
Dated June
1949.
One other bid was re¬
ceived, an offer of 102.021 for
2y2s having been made by an ac¬
and
2% of the face amount of the
bonds, payable to the City Treas¬
Bond
Pedptes Utility District
Sale Details—The
$48,000
improvement bonds purchased by
Sale—The
offered
2155—were
will
Secretary,
sealed bids until 7 p.m.
rev-
.
'
of
1949.
sealed bids until 3 p.m.
1955.
42,000 limited access facility
bonds.
Due $3,000 from 1952
1,
interest,, expressed in a mul¬
tiple of y8 of 1%. The approving
opinion of Townsend, Elliott &
Munson, of Philadelphia, will be
Bond Offering—W. S.
First
National Bank, bf Portland. Dated
June
1, 1949,
Due on June 1
June
of
able at the Mellon National Bank
Canyon City, Ore.
j
not
Jefferson County
1964 inclusive.
ment
—
Dated
Pa.
Bond
sington), Pa.
will receive sealed bids until 7:30
w a
■
to
Offering
OREGON
12,000 public park improvement
bonds. 1 Due $1,000 from 1953
*
required.
Walters School District, Okla.
Bond
J
follows:
t er works extension
and improvement bonds. Due
$1,000 from 1952 to 1964 in¬
clusive, and $2,000 in 1965.
$15,000
amount of the bid is
in
Fred Myers,
receive sealed
bids until 7 p.m. (CST) on May
23
for the purchase
of $75,000
not to exceed 4% interest bonds,
City
—
bonds.
clusive. Bidders to
PENNSYLVANIA
bonds. Due
$20,000'from 1952 to 1968 in-
11
Denomination $1,000. Due $15,000
on
June 1 from 1950 to 1959 in¬
payable to
the above Secretary, is required.
'J'
_
A certified check for 2%
—V.
the
of
until
Somerset,
Finance,
on June 2 for the pur¬
$150,000 not to exceed
interest coupon
improve¬
iy>%
$5,000, payable to the District
Poist, Di¬
and
bids
sealed
of
ment
Aspinwall, Pa.
Tonkawa
1972
Waynesburg, Ohio
Bond Sale—The $36,000 munici¬
.
3%
Nov. 4, 1947. A certified check
on
Treasurer, is required.
(EST)
chase
2y2s; $3,000 as 23/4S, and $6,000
Brinkhaven, Route 1), Ohio
Bond
for
the
2s.
v.
June
dated
are
was
of
Co., for $3,000
as
price of 100.41, at
basis of about
ously noted in
highest bidder
as
were
$5,825
sanitary and storm sewer bonds
purchased by the First Cleveland
Corp.
second
E. Piersol Bond
The
fied
a
The
J.
rates of interest,
or
in
expressed
as 2V2S.
Due
1956 inclusive.
■'
f■
check
value
from 1954 to
9,000
tified
receive
a.m.
.
bids
Accounts
of
will
55
Purchaser. These bonds are
the balance of the
$500,000 issue
authorized at the general election
for
rev¬
$30,000 Denomination
$1,000. Due on July
water and sewer bonds purchased
1, as follows: $5,000 from 1953 to
May 15, 1949.
Due on May 15
by Small-Milburn Co., of Okla¬ 1958
inclusive; $6,000 from 1959
and Nov. 15 from 1950 to 1969 in¬
homa City, for $7,000 as 2V2S, and
to 1962 inclusive; $7,000 from 1963
clusive.
The second highest bid¬
$23,000. as
1V2S, as previously to 1966
der was Ryan, Sutherland & Co.,
inclusive; $8,000 from 1967
noted in v. 169, p. 2043—were sold
to 1969 inclusive; $9,000 in 1970
for 2y2s, at a price of 101.17.
at a price of par.
and
1971; $10,000 from 1972 to
Rossford Exempted Village School
Texas County Sch. Dist. No. 9
1974 inclusive; $11,000 in 1975 and
District, Ohio
1976, and $12,000 in 1977 and 1978.
(P. O. Optima), Okla.
Bond Sale Postponed—Sale of
Bond Sale—The $15,000 build¬ Bidders to name different rates of
the $285,000 school bonds, origi¬
ing and furniture bonds offered interest, but not more than three,
nally scheduled for May 26 as May 10—v. 169, p. 2043—were for
parts of the issue.
Principal
noted in v. 169, p. 2154, has been
awarded to the R.
J. Edwards, and interest payable at the First
postponed to June 11.
National Bank, Portland.
The ap¬
Inc., of Oklahoma City, as fol¬
lows:
St. Clairsyille, Ohio
proving opinion of Gus, J. Solo¬
Bond Offering — W. Thornley
mon, of Portland, will
be fur¬
$6,000 as 2%s.
Due in 1952 and
nished to the purchaser.
.A cer¬
Hunt, Village Clerk, will receive
% 1953.
•%.
sealed
(2259)
as
bon^s
election
the
"■
FINANCIAL
&
& Co., Inc.
Peabody & Co.
1,
1, 1949. Denomination
count
$1,000. Due on June 1, as follows:
Ripley
$9,000 from 1950 to 1959 inclusive,
$8,000 from 1960 to
clusive. Bidders to
of
name
1979 in¬
the rate
a mul¬
tiple of V4 of 1%. The approving
opinion of Burgwin, Churchill,
Ruff in & Hazlett, of Pittsburgh,
will be delivered, free of charge
interest,
composed
SOUTH
of
Harriman
and
Kidder,
CAROLINA
expressed in
Laurens
County.
(P. O. Laurens),
s. a
1
_
.
Bonds Sold—An issue of $360,000 road and
bridge .bonds, was
•
p
I
r
sold
Read
jointly,
basis
at
of
of
price
a
about
100.007,
Due on May
from 1954 to 1962 inclusive.
45,000 as 2V4S.
April 4 to R. S. Dickson
of Charlotte, and Frost,
&
Simons, of Charleston,
on
&'■Co.,
»
45,000
a
2s.
as
from
from 1963 to 1970 inclusive.
y;
Due
1950
April
on
1962 inclusive.
to
>
Dated
1967 to 1969
National
Bank, New York. Le¬
gality approved by Sinkler, Gibbs
«£>; Simons, of Charleston.
1954,
'
of
$20,000
swimming
and
De¬
April 1, 1949.
Bank,
These bonds
1,
are
of
date
to
bond
called
so
follows:
as
on
or
New
the
Bidders
$15.
rate or
rates
to name
interest, ex¬
on
approved
by
Sinkler,
Simons, of Charleston.
pressed in a multiple of 24 of i%.
The approving opinion of Chap¬
man & Cutler, of Chicago, will be
TENNESSEE
supplied by the City, A certified
check for $2,000, payable to the
^
works
and
offered
sewer
17—vt
2044—were
Bensdorf
Dated
of
bonds
May
on
May
of
Co.,
due
bonds
Bond
000
subsequent
Details—The
Sale
purchased by M. A. Saunders &
Co., of Memphis, on a bid reflect¬
ing a net interest cost of about
2.47%, as previously noted in v.
$2,400,000 consolidated bonds. Due
on June
1, 1955.
2044—were sold at a price
of 100.001, as follows:
p.
1950
1953
to
educational improvement bonds. Due June 1, 1959
•4,650,000
Due on May 1 from
$20,000 4s.
inclusive.
/
University of Idaho
Student Union Building
—
NOTICE IS
a.t
office
Wie
said
bids
(CST) on June 1 for
purchase of $290,000 not to
the
the
President,
"will sell
Moscow,
negotiable coupon bonds of the
bonds
will
and
shall
constitute
an
obligation
Regents
The
of
issued pursuant to Chapter 55 of the
amended.
Bonds will be secured by a
be
Bank, in Moscow, Idaho.
interest shall be payable at the First Trust & Savings
Bonds shall
mature semi-annually
April 1 and October 1 of each year as here¬
on
inafter set forth:
to
1954
$18.000—October
1,
1961
to
to
$20.000—October
1,
proposals
Alternate
schedule
principal) and/or
from July 1, 1943.
interest
any
Prior
be
October 1,
:-vOctober 1,
October
jy
October
1,
however,
Provided
1954
1961
a
for
providing
a
Bond
On
'
.
that
in
*
alternate proposals
1949,
nomination
are
made
for
ing
to 5%
bid
is
required
that such
.
,
Bids will be
(CST) on
—
10
a.m.
Beaumont.
Bond
bids
until
June
000
Merritt,
F.
sealed
receive
will
(CST)
a.m.
sold
works
and
sewer
im¬
swimming pool
and
price of par, as previously noted
v.
169, p. 1935, were sold as
in
*
•
.
3s.
as
as
•
-V
■
on March 1
1964 inclusive,
Due
1950 to
3 %s.
Due
on
so
as
to
signed at the address stated below prior to 2:00
By order of The Regents of the
KENNETH A.
!,
J
*
DICK,
offered
bonds
from
169,
v.
—
price of
& Co., of Denver, at a
100.01,
basis of about 3.71%, as
a
$49,000
3V2S.
as
1
$7,000
Due
on
1956 in¬
1950 to
from
June
on June
1969 inclusive.
as 3%s.
1957 to
Dated June
Due
3V4S. Due
as
1971
from
April 15
on
1981 inclusive.
to
Rutland,
offered
bonds
price
a
offered
about
1.449%.
169,
Co., of Kansas City, and GarrettBromfield & Co., of Denver, joint¬
bid reflecting a net in¬
terest cost of about
1950
Due
as
June
basis
a
from
1
from
1
construction
bonds.
Due
to
June
1
from
&
Boettcher
&
Sullivan
1950
1949. The second
Christensen,
Bosworth,
a bid
interest cost of
&
Writer
Peters,
and
Co..
Co., jointly, on
reflecting a net
1.98%.
about
Upton, Wyo.
Sale—The $30,000
Bond
curbing
and
on
bonds. Due
15 from 1951 to 1963-
highest bidder was Kalman & Co.,
First
National
Bank,
Sheridan,
inclusive.
5,000 sidewalk
Due
1950 to I960'
Dated June 15,
IVzs
30,000 street construction bonds.
on
fol^
inclusive.
inclusive.
1959
to
as
15 from
June
on
S
F.
to
June
on
1.80%,
construction bonds.
June
100,000
p.
$30,000 water and sewer extension
bonds.
Stern
to
inclusive.
of
Sale consisted of:
100.27,
169, p. 1828—
Bros. &
May 11—v.
awarded
were
Vt.
$65,000 coupon
awarded
of
No. 7
(P. O. Sheridan), Wyo.
Sale—The $325,000 bonds
$225,000
May 16—v.
were
—
.
Bond
on
Sale—The
;,
1.
lows:
VERMONT
Bond
1, 1949.
County Sch. Dist.
Sheridan
ly, on a
88,000
2156
12
May
2044—were awarded to Cough-
.
in
fi
Securities
as 2%s. Due on April 15
1950 to 1970 inclusive.
$62,000
bonds
12
May
offered
water
169,
v.
—
2044—were awarded to A. B..
Jesse, of Upton, as 3s, at a price
All of the bonds are dated June
of par. Dated March 1, 1949. Due
1,
1949.
Second
high
bid
ol on March 1 from 1955 to 1976 in¬
clusive. The second highest bidder
100.123 for 1 Vas was made by the
was Coughlin & Co., for $6,000 as
1950 to 1954 inclusive,.
National
Bank
Shawmut
p.
,
of
Bos-
3%s,
ton.
.
.
$24,000
and
as
3%s,
at
a
price of 100.08.
•
,
.
g
WASHINGTON
Shelton,
DIVIDEND NOTICE
Bond
at
at
for
■''
CANADA
Wash.
102
101
own
City purchased
account
Directors of
The Board of
twenty-five year
be delivered to
The
Davison
bonds
as
4s, at
a
Thirty-seven and
price of
'"'-V
J>
M. C. Roop, Secretary
Baltimore 3,
Md.
May 19, 1949
Allcuez
(P.
O.
2143
Linck,
Offering
Town
—
Bursar
DAVISON
CHEMICAL CORPORATION
Webster
Clarence
Clerk, will
sealed bids until 8
all of Toronto,
offering
licly
1949,
1,
May 26 for the purchase of $100,-
1964,
callable
000
21/2 %
Dated
fire
protection
bonds.
July 15, 1949. Denomination
$1,000. Due
on
part
in
not
on
30 days'
$3,000,000
debentures.
Due
June
1,
whole but
any
interest
a
as
on
notice
on
pub¬
3%%
Dated
on or
after June
and interest
1953 inclusive; (J-D,) payable at Toronto, Mon¬
1957 inclusive; treal, Saint John, Winnipeg, Re¬
July 15,
as
follows:
1,
1961.
$5,000 from 1958 to 1961 inclusive;
gina
$6,000 from 1962 to 1966 inclusive;
to
$7,000 in 1967 and 1968; and $8,000
Judson
or
be
Principal
Vancouver. The legality is
approved by Daly, Thistle,
Administration Building
University of Idaho, Moscow, Idaho
fund
sinking
Co.,
and Houston, Wil-
loughby & Co., of Regina, is
C.
receive
(CST)
A. E.
Corp.,
Securities
—-
the
of
composed
Co., Wood, Gundy &
June
p.m.
of)
(Province
Publicly Offered
syndicate
on
$4,000 from 1954 to
P. M., May 31, 1949.
S.
Avenue, Green Bay), Wis.
Bond
$3,000 from 1950 to
THE
A
par.
Dominion
10,
1949.
Debentures
taking the
Ames &
cents
close of business June
Saskatchewan
7
WISCONSIN
one-half
($.37%) per share on
its capital stock, payable
June 30, 1949, to stock¬
holders of record at the
SASKATCHEWAN
$30,000
Chemical
Corporation has declared
a
quarterly dividend of
the under¬
University of Idaho
the
bonds offered April 19,
'
a
its
Sale—The
Local Improvement District No.
...
reach the undersigned or
Cody, Wyo.
$130,000 water
Sale—The
Bond
March 1
from 1965 to 1969 inclusive.
Approving legal opinion of Messrs. Chapman and Cutler, Bond Attorneys of Chicago,
furnished the successful bidder.
mailed
City.
WYOMING
from
Texas, of San Antonio,
at a price of
100.16, a basis of
about. 3.10%, as follows:
'
be
York
New
81,000
Indep, Sch. Dist.,
Columbian
the
195.9
$145,-
baseball
park bonds purchased by the First
Southwest
Co., of Dallas, at a
000
of bid, payable to The Regents, of the University of Idaho. Such certified
check shall be returned to all unsuccessful bidders; provided however,
the successful bidder in event of failure to make
shall
or
of
Due
Details—The
Sale
Trust
Wisconsin
p.:
Sold—An issue of $150,house bonds has been
to
Corp.,
on
Illinois, will be
Bid
169,
v.
school
Gainesville, Tex.
Bond
certified or cashier's check amount¬
...
Con.
Bonds
000
provement revenue bonds.
specify the lowest rate of interest, and premium
purchase said bonds.
f',:
:"-
of delivery.
at the First
Co., Milwaukee,
at the United States Trust Co.,
interest payable
and
T exas
the purchase of $650,-
2 for
each
to
104;
clusive.
Wilson
at
Texas
City,
2:30
water
amount is .to be forfeited by
payment for such bonds upon date
in
appeared
Moseley & Co., of Boston,
Offering—J.
Clerk,
follows
as
1972, at 103; 1977, at 102;
and thereafter at 101.00. Principal
at
2156.
$15,000
Due
$1,000.
City
payment
1954,
1,
follows:
Previous reference to the above
financing
and
par
cashier's
or
a.m.
(CST)
purchase of
University Fund bonds.
May 10 from 1950 to 1953 in¬
clusive. - Callable for redemption
at 2:00 P.M.
to be accompanied by a
10
the
in part
or
order, on any
date beginning
May 1, inclusive: 1962, at 105; 1967
on
be sealed, and shall
-discount at which :tbc bidder will
Each
until
>
to maturity on 30 days' notice, in whole or in part,
in inverse order of maturity and number as follows:
1952—not callable
case
for
14
whole,
as a
.
1952 to and including April 1, 1955—callable
1955 to and including April 1, 1958—callable
1958 and thereafter—callable at 100
*
31st day of May,
All bids shall
or
Authority,
May 27 for the purchase of $60,000
6% first mortgage or deed of trust
bonds. Dated May 12, 1949. De¬
and after October 1, 1952.
the
Offering
received
the last $100,000 of maturities shall be callable
v-/\ \ ^\/■*
(PST) at the University Administra¬
tion Building, Moscow,! Idaho, the Board of Regents will meet to receive, open and
consider all bids made) for said bonds, and sell
the same to the best and highest
bidder; provided however, bonds will not be sold at an interest rate in excess of four
per centum per annum.
The Regents reserve the right to reject any or all bids, to
waive formalities, to determine in their sole discretion the most favorable bid received
said to sell said bonds at private sale if deemed to the best interest of the University.
at par on
name
approximately
■;.
until
June
nent
and
par
Texas
,
46,000
twenty-five year amortized
equal payments of combined
thirty -year amortized schedule of maturities; both
for
at
Beaumont Housing
thirty year schedule of maturities,
or
thereafter
date
accrued interest. Bidders to
from
1370
interest
May
received
on
1
May
on
1989.
in inverse numerical
University of Texas (P. O.
Austin), Texas
Bond Offering—Sealed bids will
be
Due
1, 1949, The bonds
May
callable
are
inclusive.
redemption on May
on any interest pay¬
10, 1963, or
$99,000
:
.
Dated
Co., of San Antonio,
&
2%s.
as
from 1988 and
1
10,
May
callable prior
payment date,
to
1,
1,
1,
1070
(providing
and
Bonds shall
on.
including April
and including April
and including April
and
submitted
be
may
maturities
of
interest
dated
1950
$15,000—October 1,
272,000
Rauscher, Pierce & Co., of Dallas,
Russ
May 1 from
on
as 3 Vis. Due on May
1968 to 1987 inclusive.
from
2156—were awarded to
p.
3s. Due
as
May 1 from
on
inclusive.
1959
to
1,953,000
$275,000 school
on May 17—
'
follows:
$12,000—October 1.
169,
'
1960 to 1967 inclusive.
T exas
v.
as
previously
1720—were sold
p.
4s. Due
as
1952
55.15 000.000 serial bonds, divided as
1949. De¬ follows:
nomination $1,000. Due on May 10, $10,000,000 Board (*of Regents oi
as
follows: $10,000 from 1950 to
the University of Texas, Per¬
1956 inclusive; $15,000 from 1957
manent
University
Fund
tb
1963
bonds.
inclusive; $25,000 from
/
,ji-.
1964 to 1966 inclusive, and $20,000
5,000,000 Board of Directors of
in 1967 and 1968. Bonds maturing
the Agricultural & Mechaniin the year 1964 to 1968, being
cal College of Texas, Perma¬
Dated
Colorado
The Regents of the University of Idaho
Administration Building, University of Idaho,
HEREBY GIVEN that
$377,000
Indep. School District,
Bond Sale—The
3.18%,
169,
v.
follows;
as
re¬
school house coupon
exceed 3 ¥2%
bonds.
in
of the University of
Extraordinary Session Laws
of Idaho, 1925, as
pledge of revenues received
a fee of $7.50 per semester
to be charged each full time student for this purpose
and a summer session fee of $2.50 per each regular student, beginning with the second
semester of the school year 1949-50.
Funds received from the sale ol this bond issue
wit) be used for the construction of an extension to the present Student Union Build¬
ing. remodeling the present structure, and for equipment including utilities and related
©ppurtenances,
'
*
Said bonds shall be dated July 1, 1949, with interest payable semi-annually on
April 1 and October 1 of each year beginning with October 1, 1949.
Principal and
Said
Idaho,
:
of
Tuesday, May 31, 1949, at 2:00 P.M. the
Board in the principal amount of $050,000.00.
on
to be
are
house bonds offered
Trustees, will receive sealed
Negotiable Coupon Bonds
Idaho,
bonds
about
-
noted in
493,000
Sinton
ertson, President of the Board of
accrued interest at
any time on 30 days' notice. Prin¬
cipal and interest (M-N) payable
of Regents of
of Bonds
Sale
of
that
deemed.
Rob¬
E.
until 4 p.m.
at
Notice of
Sch.Dist.
Indep.
Offering—Alton
Bond
ment
York, as IV2S, at a price of 100.03,
a basis of about 1.49%, as follows:
numerical
payment date upon which
of said
and
Heights
shall
(P. O. San Antonio), Texas
phrey Co., of Atlanta, Sills, Fairman & Harris, of Chicago, Temple
Securities Corp., of Nashville, and
Paul Frederick
& Co., of New
$110,-
parks and playgrounds bonds
169,
Alamo
$3,100,revenue,
BerryProject Housing bonds pur¬
chased by a syndicate headed by
Allen & Co., of New York, on a
bid reflecting a net interest cost
days prior to any in¬
30
Authority, Wis.
closed
first
land
any
on
election
Bond Sale Details—The
000
jointly. "Dated May 15, 1949 and
due on May 15 from 1950 to 1964
TEXAS
of Chicago, C. J. Devine & the rate or rates of interest, ex¬
of New
York, Commerce pressed in a multiple of % of 1%.
Union Bank, of Nashville, Laur¬ Theapproving opinion of some
market attorney, will be furnished
ence M. Marks & Co., W. H. Mor¬
ton & Co., Wm, E. Pollock & Co., and paid for by the purchaser. A
Brown Brothers Harriman & Co., certified check for $5,800, payable
all of New York, Robinson-Hum¬ to the District, is required.
Knoxville, Tenn.
"
Nashville.
Co.,
Co.,
interest
payment date, at varying pre¬
miums depending on the date of
redemption.
.
as
optional for
tional
1, 1960 will be callable in inverse
order on May 1, 1959,
any
previously noted in v.
169, p. 1935, were sold to the
Equitable
Securities
Corp.,
of
2.03%,
Bank, Bankers Trust Co.,
both of New;York, Northern Trust
on
numerical
on
The
—
least
2V4S, at
and bridge bonds as
2044—were awarded to a syn¬
dicate composed of the Chase Na¬
May 1 from 1951 to 1969 inclusive.
Bonds maturing on or after May
or
Sparta), Tenn.
redeemed
so
be redeemed in inverse
price of 101.50, a basis of about
a
are
order; and provided further,
Details—The $80,000
Sale
Bond
road
p.
Memphis.
and
1949
1,
$12,900,000
offered May 16 — v. 169,
Sale
Bond
p,
Herman
to
awarded
&
(State of)
Tennessee
1949
169,
required.
City Treasurer, is
Covington, Tenn.
Bond Sale—The $150,000 water
_
bonds
the
at
April 5.
on
Milwaukee Housing
provided fur¬
ther, that if less than all of said
any
White County (P.O.
held
interest;
such redemption dates, same
authorized
were
on any interest pay¬
thereafter, at par and
or
date
accrued
'
maturity,
$50,000 issue authorized at the
election held on March 25, 1947.
.
1959,
1,
ment
1949
1969. Interest J-J. These bonds
in
1949. Denomi¬
1,
$1,000.
All of said bonds
maturing in 1960 to 1969 are call¬
able in whole or in part on March
terest
1, 1949.
March
Dated
nation
at
'--''Vy;
re¬
1953, and on or prior
to June 1, 1957, $25; and on or
after Dec. 1, 1957, and prior to
the
Legality
Uibbs &
.1, 1957.
Dated June
after June 1,
part of
a
interest
demption plus a premium for each
Due $2,000 on
National
Chase
June
on
payment
accrued
Principal and interest payable at
the
mature
date thereafter
prior to maturity at par, plus
and
Jan. 1 from 1950 to 1959 inclusive.
York.
June
thereafter, shall be call¬
at the option
City in inverse numerical
on June
1, 1953, or on any
interest
sold to the Marion National Bank,
nomination $1,000.
Due
^
or
the
order
pool site purchase bonds has been
Dated
which
bonds
Bonds Sold—An issue of
2s.
$1,000.
500,000
library
and
archives
building bonds. Due on June
as
able .for redemption
Marion, S. C.
as
p.m.'
follows: $10,000 in 1950 and
1951, $11,000 in 1952 to 1955, and
$12,000 in 1956 to 1958. All of the
1,
$1,000.
Principal and in¬
terest (A-O) payable at the Chase
center
Bailey,
Alex
—
the'
for
Denomination
April 1, 1949. Denomina¬
tion
recreation
7
(CST) on May
purchase of $100,000
electric
System revenue, Series
1948 bonds.
Dated Dec. 1, 1948.
Due on April 1
inclusive.
2V2s.
as
from
-
Offering
until
bids
23
54,000
1, 1956.
2,250,000 University of Tennessee
improvement bonds. Due on
June 1, 1958.
500,000
office
building
bonds.
Due on June 1, 1957.
City Recorder, will receive sealed
2V4S.
as
Bond
:
stitutions bonds. Due on June
V:)/
Lenoir City, Tenn.
>f
1
Due on April 1
from 1963 to 1966 inclusive., •
72,000
May 1
on
June 1,
on
/
2.20%, as follows:
•
$234,000
Due
2%s.
as
institutional bonds. Due
1959.
2,500,000 charitable and penal in¬
100,000
1
Monday, May 23,
CHRONICLE
FINANCIAL
COMMERCIAL
THE
(2260)
SS
'
& McTaggart, of Toronto.
! I
@FedFRASER