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* •
»i
^
W
BUST
3 1 1949
MONDAY
Reg. U. S. Pat. Office
Volume 169
Number
4807
New
General
RAILROAD
INDUSTRIAL
-
INSURANCE
-
The
Bales
Net
1948
$7,074,475
389,470
$0.55
366,910
$0.52
earnings after charges and taxes
Earned
—V.
per
168,
share....._.
common
have
Stock and Bond
Abraham & Straus Inc.—Annual Report—
Net
retail
Cost
of
sales
Quotations
sold
and
excl.
exps.,
below
and
Depreciation
and
$63,741,949
1,517,066
547,500
amortization
Rentals
605,900
I
75,191
Stock
Boston
Other
$4,723,758
2,231
income
(net)
Income
Cincinnati Stock Exchange-
$3,305,594
Los
Federal
Net
taxes
income
on
Stock Exchange
1
income
Dividends
4'■%%
on
Dividends
on
common
stock—
per
Earnings
127,500
4'A%: preferred stock—
on
Dividends
common
775,775
share
——
BALANCE
July
from
——773,463
512,277
Federal
Refundable
Supplies
Real
♦Buildings
leased
tStore
expenses
in
not used
depreciation
.
1
assets
—
land,
leased
on
_.
improvements
properties, and leasehold
and equipment
fixtures
Goodwill
(at nominal
43
7,441.084
2,584,011
held
26
holders
5%,
Stock and Bond Averages
(Dow-Jones)
35
National Quotation Industrial Stock Average..35
Miscellaneous Features
State and City Bond Offerings
1—
—
$25,420,623 $22,950,416
-
Accounts
payable
Salaries
and
Federal
taxes
prior
income-"
on
for
possible
years
Reserves
ment
for
pfd.
4,/*%
pfd.
Earned
assessment
...
—
of
The
than
stock
Federal
(par value $100)——
(no
surplus
155,155 shares)—
value;
par
—
_______
_
264,051
1,900,000
211,241
1,800,000
2,900,000
1,405,325
13,671,449
_
$100)
value
(par
Statement
of
Member Banks
Index
Reserve
of
to
in
tAfter
1948.
in
$588,228
of $3,522,681
amortization
for
reserve
1948.—V.
depreciation
for
reserve
168,
p.
of
$3,193,710
1949 and
Gross
and
preferred
1477.
shares
60,303
exchange offer
and
to
up
for
limited
was
50%
exchange
to
for
stock.
preferred
prior
The
10% of each stockholder's series A
holder's prior preferred.
When this
to
up
of each
exchange
Affiliated
Appointed Trustee—Net
Fund, Inc.—Bank
Asset Value Lower—
offer expired May 18, about. 27,000 shares of series A had
exchanged for about 40.000 shares of C&O common and about
3,400 shares of prior preferred had been exchanged for 7,700 shares of
been
C&O
exchange of the remaining 22,000 shares of C&O common,
to be exchanged for series A, and the remaining 52,600 shares of C&O
common, to be exchanged for prior preferred, on a first-come first-
investible
approximately $87,000,000, of which $20,000,000, or about
23 %,
represented
borrowed
money.
Arrangements were
completed
recently with lending banks for a reduction in interest from 2 'A %
p.
his
As
of
1949,
16,
May
the
for
for the
2V*f/f
Prankard
Mr.
Mr.
of
the
the company had
Prankard said,
announced
$62,481,029,
It
the
basis,
Dividends
1,
1949 Guar¬
per
a
net
share
asset
on
value
Oct.
31,
per
certain
Natural
The
14
Air Commuting, Inc.—New Vice-President—
David
E.
of
six
The
cents
Chemical
The
t
of
Bank
Trust
&
Co.,
New
York,
Y.,
N.
has
been
ap¬
paying agent ana registrar for the $6,090,000 first
series due 1971. See offering in V. 169, p. 2205.
trustee,
corporation
to
27
on
May
June
3
20
for
announced
exchange
of
extension
C&O
of
the
The
common
ex-dividend on the New York Stock
May 17 a 75-cent dividend on C&O
to be paid July 1 to stockholders of record of June 7.
the Alleghany exchange offer, lVa
shares of C&O common
May
common
it
5,
Counties,
Pa.,
to
to
the
of
oil
approximately
is
Sabinsville
and
York
New
28,000
field
gas
leaseholds
gas
feet
of
$196,000 cash.—V.
declared
an
extraordinary
pipe
and
and
fee
140, p. 2852.
stockholder.
common
solicit
bids
the
of
'
April 30—
for
will
It
the
record
of
of
June
the
45
15.
stock
—V.
shares
was
disbursement
dividend
was
Automatic
Hogan,
American
debt
after
100 %■ of
or
$282,000
sold
to
such
bidder.
2002.
p.
1948
1947
$5,690,032
$5,091,054
195,945
373,862
253,566
293,229
253,566
$0.69
$1.16
253,566
share—
$0.77
____
for Federal income taxes.—V.
169,
2093.
p.
Inc.—Earnings—
1949
1948
1947
$1,110,130
$534,931
$368,734
302,946
11.9,733
taxes..
taxes
of
47,880
23,100
$71,853
$42,158
645,200
333,879
333 879
$0.27
$0.21
$0 12
shares
common
share.
per
70,259
125,300
$177,646
______
1001.
p.
American Export Lines, Inc.—Earnings—
Three Months Ended March 31—
Net
1949
E.
1948
$1,122,173
profit before taxes and after est. subsidy..
John
$1,028,225
Slater,
protesting
the
Executive Vice-President, states that the
company
proposed sale of American Overseas Airline, Inc.,
is
a
cents in cash
Allied
in
paid
Steel
10
to
April 30,
on
stockholders
Majesic
Radio
since
Products, Inc. below.—V.
which
1949,
December,- 1947
Television
&
166,
p.
Airlines, Inc., to Pan American Airways Corp.,
ground that the price is "ridiculously low."
The American Ex¬
the
port Lines
—V.
20%
owns
of
the stock of American
Overseas
Airlines, Inc.
202.
169, p.
American & Foreign Power Co., Inc.—New Director—
R.
A.
elected
Hummel,
President
director.—V.
a
of
the
Lone
Star
Cement
Corp.
has
J.
Hogan,
Treasurer,
Net
Cost
of
sales
profit
and
operating
from
Total
Federal
Net
"
tax
168,
share
p.
$445,132
83,773
of
stock
common
165,234
$152,398
profit*
per
36,101
$236,867
695
expense
income
$409,030
34,403
income
Nonoperating
3,337,595
$202,463
:
1948
$3,746,625
3,363,067
expense
operations
4
1949
$3,565,531
.
Nonoperating income
—V,
561.
Co.—Earnings—
sales
Earned
stock.
Felt
$279,898
$0.78
$1.57
2109.
to
absorb
American
the
to
St. Louis Listed and Unlisted Securities
said.
Overseas
latter's
by
issuing
more
than
Edward D. Jones & Co.
Established 1871
stockholders.
in explaining his predictions,
300 North 4th,St., St. Louis 2, Missouri
said:
Members
Overseas
theoretically will have paid off its $12,500,000
1954, and will be able to consider paying out in dividends
earnings.
American Airline's shares in these earnings is
$377,580
year
investment
a
as
in
year.
But
carrying
American
will
charges to its
Overseas.
American
have
senior
to
continue
security
..
been
169, p. 1985.
Three Months Ended March 31—
New York Stock
its
a
of
1949
outstanding.
per common
169,
:Net
of
Steel
proposal
Mr.
also
purchase
subscription privilege,
to purchase them at a
$5,414,312
———
American Hair &
is
William
way's
pur¬
appurte¬
distribution
payable June 22 to stockholders of
which owns approximately
40%
$18,000,000 worth of stock
their
.
Earned
sell
Mr. Hogan, who is also Vice-President and
Comptroller of American's
Overseas, made this statement during hearings on Pan American Air¬
Alleghany announced that of its 601,000 shares of C&O
setting aside 62^45^-shares for exchange for series A
was
a
amount
1
62%V
common
have
share,
first
the
American Airlines, Inc. — No Dividends from A.O.A.
Investment Expected for Some Years-2-
for each share of series A preferred and 2V4 shares
will be exchanged for each share of prior preferred.
be exchanged
C&O
within
acres
consideration
previous payment
the
1960,
deadline
stock for
day before C&O common becomes
Exchange.
C&O directors declared
Under
Potter
authorization
for
Pittsburgh,
of
located
and
SEC
the
The common
stockholders of this corporation can expect no divi¬
dends from their investment in American Overseas
Airlines, Inc., before
Alleghany series A preferred and prior preferred stock on a first-come
first-serve basis.
The extension brings the exchange deadline to one
common,
The
company,
See also
Alleghany Corp.—Exchange Offer Extended—
On
169,
Products, Inc., stated that the abovementioned dis¬
contingent upon the distribtuion by the Automatic concern
extraordinary dividend as the jesult of settlement of litigation.
an
was
Corp.—Trustee Appointed—
mortgage bonds, ?,Va%
May
to
and
Tioga
Corp.,
are
wells
gas
directors
per
This
Automatic
Postile, formerly a member of the Civil Aeronautics Board,
a Vice-President.—V.
168, p. 2677.
Alabama Gas
pointed
Gas
applied
approximately 2,300
thereto.
when
of
extended.—V.
been
now
Allied International Investing Corp.—45-Cent Dividend
in
elected
been
in
properties
consist
nant
has
properties
tribution
will
has
months
cents per share, compared with 12 cents a share
corresponding six-month period of 1948.—V. 169, p. 1985.
aggregated
from
deadline
a
debentures
subsidiary of American
company
estates,
1948.
period in its 15-year history, Harry I. Prankard, 2nd, President,
reported on May 26.
■■■k
For the six months ended April 30 these distributions to shareholders
The
the
-V
Alleghany Gas Corp. (Pa.)—To Sell Certain Properties
The
State
30 last amounted
share of $3.53.
This
shareholders from investment income of this Fund
ended April 30 were the greatest for any six-
paid
six
the
has
which
on
1985.
at
equal
of
sale of the debentures, estimated at not less
allowing ior expenses and
maximum
discount,
the outstanding note held by the Bankers Trust
pay
Ended
before
Number
on
month
the
is
serve
to outstanding stock on April
to
equal
with $4.09
compares
1, 1949.
that commencing June
of New York will act as trustee.
Net assets applicable
for
half
months beginning June
12
also
anty Trust Co.
to
first
of
assets
to
report
to
the
stock¬
discount of
subscription period.
No discount
with respect to $127,100 of deben¬
exercise
upon
pur¬
on
common
principal
provide additional working capital.—V. 168,
Net profit
common.
current fiscal year, Mr.
Prankard pointed out that under a new management agreement Affili¬
ated Fund
no
longer pays a management' fee on that portion of its
assets which is represented by borrowed money.
In
the
sales
Income
stock
within
amount
out¬
to
Interest
the
of
one
principal
3 Mos. Ended March 21—
11,753,985
in 1949 and
$752,656 in
the
American Encaustic Tiling Co.,
—53
Net
♦After
accrued
—60
$25,420,623 $22,950,416
Total
its
enabling
days
the
of
after
"After provision
April 30
30
has agreed to purchase,
debentures, if any, as will
J.:
Common
U. S. Savings Bonds Issued and Redeemed
1,405,325
and
par
of
privileges
exceeding
a
profit
Earnings
Industrial
Production for April
3,000,000
used
to
holders
subscription
not
prospective bidder offers
than 5%, the debentures will be
less
of
4 Months
46
of
the
Sales
"Net
Federal Reserve System
317,470
384,494
-
—
be
to be
proceeds
American Colortype Co. (& Subs.) —Earnings—
—45
Reserve Banks
Condition
event
proceeds
and
(no
Chicago Corp.,
exceeds
issued
$599,117
will
46
Rates
Exchange
at
the
not
the
Co.
,45
Combined Condition Statement of Federal
for
taxes
—
stock
stock
Common
452,817
service benefits under retire¬
past
plan
4%%
1,315,000
262,079
—
liabilities
accrued
Foreign
in
discount
45
Clearings
Dividends Declared and Payable
$2,286,478
446,028
1,815,000
wages———————
Miscellaneous
Reserves
$2,361,811
418,486
...
________
allowed
and
54
The Course of Bank
LIABILITIES—
of
stockholders
debentures
Corporation & Investment News.Cover
share
any,
used
principal amount of
capital, and
(2)
not
par), to provide for the
registered
to
period
Chicago Corp.
tures
to be purchased by it as a
be necessary* for
the applicant to
Redemption Calls and Sinking Fund Notices__4 J
Total
offer
t,o
transferable
The
of
$525 000
by
be
each
if
the
and
not
due
and
par
debentures.
applicant,
amount
chased
;
the
in
working
stock
common
for
debentures,
interest
note
debentures
them.
the
of
such
debentures
of
$5
remaining
at
principal amount, of debentures for each share of
by
which
bv
of
accrued
additional
subscription
will
1
—
convertible
stock
stockholders
common
collateral
stock
the
Transactions New York Curb Exchange
7,254,512
1,908,165
1
—
amount)
divi¬
western
company
to issue (1)
convertible debentures
the
to
the
and
proposes
a
chase
basis
and
95
the
for
26
General
Vice-President
of
the Commission states in part:
common
Transactions New York Stock Exchange—
Markets—..
of
applicant,
them
first
shares of
rights
of $5,
to
169, p. 2205.
subordinated
provide
to
The report of
The
the
shrrt-term
a
and
standing
5%
held,
than
less
conversion
operations—at cost less
i
Miscellaneous
income-
on
for the senior capital it invested
Manager
offered
on
stock
net
basis
192,297
4,491,035
have received in 1954
less
than the carrying
$500,000
out
authorized
16
of
be
to
interest
at
-—44
657,207
240,374
—
taxes
prepaid
and
estate
6,102,666
164,862
.
receivable
inventories
a
May
exceeding 41,655
41
Section
1955,
$500,000
363,690
643,247
customers—.,
accounts
Merchandise
Stock Exchange—Curb
on
refund
to
4d
Exchange
Over-the-Countei
pay
the network's
Vice-President.—V. 169, p. 202.
General
$624,825
common
40
—
—
Stock
$1,392,165
5,438,568
364,681
4,620,667
758,463
$2,467,603
Due
——.
1,
sold
39
Exchange
Exchange.
ICC
accrued
of
38
38
—
Toronto
Jan. 31,'48
Jan. 29,'49
Cash
Other
Stock
Stock
Montreal Curb Exchange
SHEET
ASSETS—
Francisco
Montreal
subsidiary
American Business Inc.—Securities Authorized—
The
exceeding
—37
Exchange
Toronto
$17.36
COMPARATIVE
San
$1,990,594
90,250
127,500
698,199
$11.43
$2,910,989
90,250
stock—
preferred
Samuels,
sion, has been elected
.37
Angeles Stock Exchange—.
St. Louis Stock
of
end
to get some
stockholders
subsidy since 1945.
outlook, American will
its
company.—V.
overseas
Frank
_____36
37
Pittsburgh Stock Exchange
4,315,000
1,815,000-,-
...
the
American
the
overseas
present
from
American Broadcasting Co., Inc.—New
Philadelphia-Baltimore Stock Exchange—^__38
Total
the
the
carrying
to
36
Chicago Stock Exchange
$3,290,178
15,416
$4,725,989
income
in
on
dividends
in
31
____36
Cleveland Stock Exchange—
Detroit
Operating
had
the
at
$500,000
over
rate, American may finally in 1960 begin
dividends" for the investment its common
charges American has had to
15
28
—
Exchange.
that
Based
in
(Stocks)
(Bonds)
New York Curb Exchange-.—,-.-
58,095,433
1,240,467
393,955
684,518
37,398
60,409,921
repairs
Interest
New York Stock Exchange
items
of
:
Maintenance
New York Stock Exchange
Jan. 31,'48
29,'49
sales of leased departs.)- $67,879,336
(incl.
goods
listed
Jan.
At
modest
little
a
and
deficit
accumulated
the
of
dividends
the
between
against
applied
carrying charges
1954.
Page
52 Weeks Ended—
be
can
senior
"very
2425.
p.
difference
$95,580
its
on
In This Issue
1949
$8,163,864
____
____
Copy
a
MISCELLANEOUS
-
charge
ABC
Vending Corp.—Earnings—
Quarter Encle'd March 31—
Cents
Corporation and Investment News
PUBLIC UTILITY
-
Price 75
York, N. Y., Monday, May 30, 1949
paying
holders
for
St.
Louis
Stock
New
Exchange
Phone
Exchange
CEntral 7600
Chicago Bd. of Trade
York Curb Exchange Associate
Chicago Stock Exch.
Bell Teletype
8L
593
•
Supreme
Jersey
September had upheld the contention of
the company that under its charter, holders of the preferred could
receive dividends only out of net earnings of each year, and not out
of general surplus.—V. 169, p. 2093.
The
last
Court
Chancery
Illinois—New Directors—
American Investment Co. of
stockholders held on May 23, two new
directors were elected in addition tc the 14 present members of the
hoard.
The new directors are: C. B. McDonald,
managing partner
of the
investment
firm of McDonald & Co., Cleveland,
Ohio, and
Hanby R. Jones, Columbus, Ohio, attorney, who had served The Ohio
Finance
Cd.
as
Vice-President, General Counsel and Chairman of
annual
the
At
board
the
meeting
directors.
of
of
.
Ohio
the
company
in
1949.
stock—793,581 shares of no par value,
$79,300,926; $5 preferred stock—978,444 shares of no par value, $97,841,400; common stock—3,008.511 27/50 shares of no par value, $37,434,351; preferred stocks of subsidiaries—919,144 shares (entitled upon
liquidation to $100 a share), $91,914,400: common stocks of subsidiaries
(287,748 shares), $4,547,922; long-term debt of subsidiaries,' $337,788;412; notes payable, $5,450,000; accts. payable, $8,599,689; currently ma¬
turing long-term debt, $1,000,000; divs. declared, $3,350,6*61; matured
long-term debt and int. (cash in special deposits), $292,492; customers
deposits, $7,807,377; tuxes accrued, $33,524,772; interest accrued (in¬
cluding $1,727,500 for which cash is. in special deposits), $4,256,761;
other
current
and
accrued
liabilities,
$1,511,845;
deferred credits,
the
Illinois,
of
$5,328,398; reserves for property retirement and depletion, $124,489,486;
reserves
for
contingent plant
adjustments,
$3,820,246; reserves for
uncollectible
for
for
reserves
tributions
storm
aid
in
1948
$5,775,301
171,123
announced
was
5,0.97,754
$483,037
$848,670
97,479
79,800
$580,516
$928,470
169,000
315,788
71,979
109,805
$339,537
$502,877
Miami, Fla.
76,986
78,000
Secretaries,
201,101
201,101
$0.26
May
on
that
19
New York.
Total
surplus
—
taxes——.:
income
Federal
Other
corporate
taxes
All
Income
dividends
dividends
Common
Earned
—_____„
share
common
per
banks
in
Cash
1948
2,955,266
$2,676,502
2,501,001
178,538
and
hand
on
securities
Marketable
___
157,934
receivable
Notes
2,071,562
2,772,178
:—
receivable
Accounts
8,864,077
*
received
Notes
Investments
company—_
Machine
Co.
Foundry
&
164,104
164,104
valued
to
4,156,715
4,276,535
"
following
169, p.
370,037
LIABILITIES—
1,662,253
taxes—
contract (p'cr contra)
on
78,000
76,986
Dividend payable on preferred stock-_.
Provision for Federal. State and other
Deposit
$2,749,783
$3,468,602
accrued liabilities—
and
2,184,881
.
3,456,000
-
l,Oob,66o
payable to banks
cumulative preferred stock (B100 par)_.
tCommon stock
-i—_____-
Notes
8,ooo"66o
3.90%
Earned
surplus
♦As
under
$28,083,209
Republic of Turkey, maturing
contra).
tRepresented by 1,025,000
with
contract
quarterly to May 15, 1953 (per
chares, no par.—V. 169, p. 789.
Reports
have
would
declared
been
Distributions
last
of
year.—V
voted' to
25
169,
be
to
each
cents
omit
meeting
payable
were
dividend
on
made
or
which
ordinarily
about June 30, 1949.
30 and Dec. 30,
June
on
2094.
p.
state
$19,538,300
the
that
2%%;
holders
ended
debenture and
$100
Liwh.,
Feb.
$40 in
corresponding
week
of
Period End. Dec. 31—
$
-Operating revenues
Operating expenses
25,396,168
3,622,343
41,532,920 103,815,952 157,913,188
20,077,831
90,538,264
72,720,953
4,002,877
13,031,846
15,220,393
Federal
953.224
3,928,311
3.322,238
3,461,720
3,457,789
14,691,518
13,233,482
3,124,258
2,898,033
12,520,662
11,462,383
10,250,063
44,105,351
41,953,734
taxes
Other direct taxes
retire. & deptet.
appropriations
Prop,
846,277
11,001,942
Other
reserve
96,655
69,278
318,070
193,736
11,098,597
income
Other
10,319,341
44,423,421
amount
of
Wine
affiliate
to
Liquor
169,
of
the
able
June
record
stockholders
169,
2206.
p.
Dec.
22,
$314,909
$496,192
$2,424,196
12,096
54,542
239,196
$2,663,392
$2,620,912
exps.
680,787
624,657
14,493
17,766
67,777
48,224
135,000
150,000
469,590
revenues
Depreciation
10,726,821
10,996,961
573,434
2,299,331
1,945,29G
7,231,038
31,397,269
29,205,213
93,940
272,835
612,019
312,011
6,953,203
1,293,451
20,785,250
28,393,202
5,174,097
5,013,192
6,396,037
5,664,752
25,611,153
23,380,010
222,768
__
2,514,869
1,293,580
of
573,160
7,689,617
(net)
2,7-11,880
7,783,557
deductions
acquisition
Fixed
Int.
300,000
$391,095
502,162
$120,248
*$270,762
4,375
♦$43,467
5,008
12,311
14,272
♦$38,459
$132,559
♦$256,490
—
income..
Net
11,245
company
$820,194
$1.28
$0.71
$0.08
to
surplus
35.554
658,796
138,644
res.
With SEC—
filed a letter of notification with
instalment notes, due in 12 equal
May 20
on
6%
1, 1950, and ending July 1,
subscription by stockholders
commencing Aug.
American
—
The
interests
Net
equity
P.
&
income
Pwr.
Amor.
of
of
<fc
Amer.
in
Co.
L.
dispatch
of
_
_
L.
6,173,269
5,G29,19S
24,932,357
Co.:
equity in income of
subsids. (as above)—
Other
income
the
6,173,269
5,629,198
24,952,357" 23,241,366
14,153
of
the
6.176,757
166,347
_
5,629,198
24,966,510
23,263,507
101,346
514,663
Expenses
Income
♦Full
earned
__
earned
222,933
214,685
772,078
5,31.3,367
23,679,769
22,167,968
unearned.
cr
CONSOLIDATED
ASSETS—Plant,
BALANCE
property,
SHEET,
and equipment
DEC.
31,
1948'
(including intangibles)
of
subsidiary companies^ $927,043,472; investment and fund accounts,
$746,679; cash in banks, $25,016,214; special deposits, $2,385,521; work¬
ing funds, $479,033;
cash
investments,
accounts receivable
of Federal taxes
on
U.
S. Government securities ancl other temporary
notes
and
loans
receivable,
$76,562;
$4,350,122;
(customers and miscellaneous), $13,465,146;
refunds
reacquired
capital
stock—subsidiaries—9,052
shares
pre¬
♦$441,062
this
of
Blanche,
as
159,
the
President
Ma is on
169, p. 1442.
of
City
Co.
Stores
'■■■'
1879.
p.
been elected an additional member of the
corporation.
lie is Chairman of the board
Orleans ur.il of City Stores Co.
His
New
announced only recently.
was
'
.
.
Barymin Co. Ltd. (Canada)—New Name—
See
Springer Sturgeon Gold Mines
Ltd. below.
Bayuk Cigars, Inc.—Declares Smaller
have declared
directors
payable
stock,
common
a
Dividend—
to holders of record May 31.
cents per share each quarter.—V.
15
June
the
dividend of 20 cents per share on
previously
company
p.
1879.
'•
-
37 Va
*•■
paid
*
The
169,
.
Inc.—New Automatic Washer
This corporation
two
May
on
25 introduced its
washing,' draining
of
experiment
of
years
Judson S. Say re, President, hailed
lowest-price automatic washing machine in
retail price at $179.95, Mr. Sayre said
that production
had reached a schedule permitting a
full flow to
the company's 79 distributors and 7,500 dealers all over the country
in ample time for the opening of public demonstrations on June 6.
In
it
—V.
the
presenting
world."
169,
new
simplest and
Announcing
"the
as
machine,
the
1663.
p.
-
Syrian
barred
ratified
T'
on
16,
remain
May
pipeline
will be designed to
the rich Persian Gulf
3
Net
Months
Sell.
&
Mar. 30,'46
1,113,561
-
sales-
of
2,928,387'
2,555,013
346.639
31,606,731
V
exp.
one-fifth
end
of
the^pipeline
the
where
already has been built at
Jewish-Arab
disturbances
were
not
V vi:h
construction
will
be
undertaken
by
Trans-Arabian
Pipe¬
which
is
affiliate
an
especially
created
by Arabian-American
202,911
$924,516 '
73,653
Dr 9,323
Drl8,906
♦$187,032
Z)r27,627
$1,508 643
$1,597,406
695,000
$905,610
♦$159,405
675 000
$833,643
profit
$902,406
$505,610
Dr
(net)-
income
profit before Fed.
taxes
income
Net
5,586,348
193,192
$1,582,296
$6,715,788
1,578,008
378,852
admin,
gen.
Operating
Net
Subs.) —Earnings
Apr. 2,'49
Apr. 3,'40
Mar. 29,*47
$19,827,459 $20,702,854 $13,188,734
14,937,924
16.194,463
10,493,018
Ended—
sales
Cost
income
_____
taxes
3.9,604
dividends
dividends
per
coin,
tBased
♦Loss.
_
39,604
39,604
309,109
309,109
>$159,405
39,604
154,305
$0.75
Nil
$1.39
$1.28
share
on
621,218
of
shares
1949, and on 618,218 shares in
April 2,
400,000
372,731
income
Common
tEarned
carry
...
Bigelow-Sanford Carpet Co., Inc. (&
Preferred
was
"Economat," fully auto¬
revealed a revolutionary
and drying.
The product represented
and development
and the expenditure of
agitator washing machine in which was
system
common
CONSOLIDATED
COMPARATIVE
stock
outstanding
at
1948 and 1947.
BALANCE
SHEETS
Apr. 2,'49
expenses
Miscellaneous
_:
1
;
j.
8,848,052
1,061,382
83,422
Prepaid expenses
IPlant and equipment
Deferred
21,439,803
554,239
9,283,250
1,039,155
■(Inventories
$5,183,069
10,198,440
24,287,949
receivable
♦Accounts
Dec. 31,'48
$5,434,387
ASSETS—
92,260
assets
10.326,809
360,026
$50,880,842 $47,311,414,
Total
Associated Telepkone Co., Ltd.—Seeks Rate Increase—
company
Commission
for
May
cn
24
filed
with
the
California
Public Utilities
authority to increase rates on certain types of service.
would increase the company's
annual
revenues
by about $1,470,000,
of which $1,052,000 was re¬
quested as an immediate adjustment.
It is expected that later in
the year the company may find .it necessary to apply for a further
Altogether,
increase
the
of
rate
4%
about
revisions
in
local
sought
service
revenues.
changes
rate
by
about
With more
Associated
company.
p.
1662.
is
It
proposed at this
12%.
than 341,000
the
is
time would increase
With minor
telephones in service in Southern
largest independent
(non-Bell)
nation's
a
subsidiary
of
General
Telephone
LIABILITIES—
Notes
California,
telephone
Corp.—V. 169,
$6,000,000
2,201,379
Reserves
payable
for
Employees'
and
Federal
taxes
accrued
and
State
expenses—,
taxes
6%
inventories
for
contingencies
stock—621,218
shares,
($100 par)
110
par
value
Cap. surp. applied against stock held in treasury
Capital
Earned
surplus
surplus
—
Total*".I'll
♦After reserves of $1,014,534 in
<-■
343,930
5,000,000
»1,000,000
for
cumulative preferred stock
Common
4,367,495
325,105
5,000,000
withheld
Long-term notes payable
Reserves
$2,000,000
2,908,797
4,141,858
payable
Accounts
Reserves
local service
exceptions, this would represent
the first increase in more than 27 years, despite the substantial rise
in the cost of most other goods and services during that time.
The
revenues
income, $80,052; materials and supplies, $18,786,784;
prepayments, $1,533,064; other current and accrued assets. $520,099;
deferred
debits,'1. $7,210,145; discount and expense 011 capital stock,
fc3,546,427;
had
new
'
This
applicable to respective periods whether
$48,087
Cash.
actual
Co.
♦$101,767
for the task.—V. 169, p. 486.
719,372
5.786,477
dividend requirements
An agreement with the
political obstacles which
381,167
surp.
taxes
Ealance
away
agreement, which
/»
Saudi-Arabian
The
line
Total
Associated Press dispatch from Wash¬
daily.
felt.
27.141
3,488
——_
adds:
cleared
Approximately
Net
across
an
300,000 barrels of
crude oil daily from
old fields through Saudi
Arabia, Trans-Jordan, Syria and Lebanon to the Mediterranean.
These new
facilities, when completed, will permit Arabian Amer¬
ican to step up oil production in Saudi Arabia from 500,000 to 800,000
23,241,366
149,991
$30,433
__
Schwartz has
J.
directors
Federal
further
has
30-inch
The
barrels
subs—
pipeline
oil
completion of the $200,000,000 project.
Details
34,581
146,455
Securities Corp.—New Director—
Bankers
Herbert
Other
C., says.
secret.
Balance
Portion applic. to miner,
Complete 1,000 Miles
will begin full-scale construction
four Middle Eastern countries,
few months
a
reported on May 19,
D.
Government
Balance-
Co.—To
Oil
/
within
1,000-mile
ington,
34,191
49,428
/Adjusted for children and students.—V.
♦Loss.
the
'.■« >
2-year
company
officials
Transfer
13,880
48,658
__
debs.__
series A
$2,500,000.
$1,202,078
$142,267
$0.46
share.
com.
401,725
243,160
87,200
130,360
Pipeline—.
a
563,427
$90,336
charges.
011
matic
fu¬
inv.._
in
Fed.inc. taxes
Arabian
The
628,921
552,952
income
Gross
Cr65,000
possible
2318.
of
26 754,472
$5 604,879
4 810,052
385,961
Operating income.
Non-operating income
from
rentals
$300,000
of
25,142,567
$6,334,971
5,032,850
168.755
Bendix Home Appliances,
the SEC
monthly
1951.
The
notes
are
to
be
offered
for
of record
May 27 at 95. in ratio of $2 of notes for each share of stock held.
Rights expire June 27.
Proceeds will be used to replenish treasury
for expenses in moving to newly leased factory premises, etc.—V. 168,
plant
adjusts,—
9 ,960,085
t61 725,067
188,815
Taxes
amount
on
Anemostat Corp. of America, N. Y.—Files
p.
—
1943
10,338,446
56,384,422
491,112
etc.,
instalments,
on
1949—3 Mos.
1949—Month—1943
3,450,175
3,620,166
19,829,212 121.658,544
9,425,518
3,948,832
$1,969,028
$2,223,346
1.640,297
1,732,219
203.443
216,351
miles
expenses
$2,293,253
327,659
168,' p.: 2427.
The
for
stockholders of
March 31, last
to
cents
10
1949—12 Mos.—1948
inet)_
deplet.—
per
cents per share, pay¬
and an extraordinary
Co.—Earnings—
passengers
34,320,262
profit
Earned
10
15,
1002.
169, p.
passengers^.
$9,999,692 $38,950,830 $36,613,515
153,501
deducted
for
1948;
Period End. Mar. 31Revenue
election
$550,734
decline
ture
of
June
(Including Baltimore Coach Co.)
—V.
Owned Subsidiaries)
156,052
loss
for
record
of
per
This
6.
on
other.—V.
of
36,526,634
sales.
(net)
Inc.—Extraordinary Div.—
dividend
a
each on April 15 and July 15,
1948; and on Jan. 12, 1948, one share of Majestic Radio & Television
Corp. common stock for eacn Automatic share held as of Dec. 29, 1947.
The company said that the extraordinary dividend is the result of a
non-recurring recovery of funds through settlement in April, 1949, of
two law suits of approximately $125,000 in one, case and $40,000 in
cents'
20
board
9,503,500
on
J.,
share, payable June 13
compares with
10 cents paid
cents
50
June
declared
have
to
30
of
of
the assets of Capital
it was announced on May
most
N.
Trenton,
Inc.,
Steel Products
directors
dividend
purchased
has
Co.
6S8.
p.
Automatic
The
exchanged for stock during
were issued in December,
9,284,804
expense
and
be
Prov.
public and other
Amortization
in¬
liability, workmen's compensation, glass,
other forms of casualty business, and are
additional lines in those states where the
Atlantic Group has been operating..—v. 1 fiO,
Depreciation
Xnt.
line
the first
general
and
these
corporation
&
20.—V.
2%s
$827,005
sell.,
Interest
42,14.7,470
(net)—
cash.—V.
income
Deprec.
—V.
$
$
$
47,559,655
____
taxes—
income
Federal
were
$10,099,713
profit
Admin.,
Net
1948—12 Mos.—1947
1948—3 Mos.—1947
Subsidiaries-—
principal
$7,612,300
The
16.
Wholly
goods SOld—_
income
Prov.
last year.
of
1949. These are
Austin, Nichols & Co., Inc.—Acquisition—
This
The
CONSOLIDATED INCOME ACCOUNT
;
_
19,
the
over
of
1949—3 Mos.—1948
sales
Net
Cost
future
1949, the System inputs of subsidiaries
amounted to 252,971,000 kwh., an increase of 26,190,000
11.54%,
or
$38,967,299
American Zinc, Lead & Smelting Co.—Earnings—
to
of this company
1,
the
which
debentures
months
three
Prov. for
ended May
the week
July
multiple line
multiple
recently-enacted
486.
1947, for $357,532,600 to stockholders for subscription at par. A total
of $168,996,600 of this issue is currently outstanding.
The bonds are
convertible into stock at $140 a share, payable by surrender of one
American Power & Light Co.—Weekly Input—
For
1948
'
$39,631,090
April,
in
Inc.—Omits Dividend—
the
write
theft
write
to
Total oper.
convertible debentures of
1957 have exercised their
privilege to convert them into stock since Feb. 16. This compares with
Total
have
directors
to
and
Total oper.
Slightly Higher—
10-year
Other
The
for
charters
their
to
the
effective
charters in accordance with the new law.
to their present charter powers for "marine", "f're and
and
"full
motor
vehicle",
these
companies will have
lines"
planning
by
broaden their
to
power
amendments
of
as permitted
which becomes
addition
In
allied
/American Telephone & Telegraph Co.—Conversions—
Gross
American Machine & Metals,
companies
the
York
New
law
surance
Louis Klein,
19:
1949
annual
(Including
$29,655,882
—
deposit
of
underwriting
Revenue
Period End. Mar. 31—
Total
May
1661.
Dr81,120
(reacquired) at cost
.
Baltimore Transit
stockholders approved change
in the company's fiscal year to end on the Saturday nearest March 31.
Previously the company's year ended Dec. 31.—V. 169, p. 1770.
6,135,177
5,137,79%
______
Preferred stock
7,175,000
760,363
760,363
,
_
8.000,000
7,175,000
—
Capital surplus
elected on
were
__
their
2%%
Accounts payable
"directors
new
Sales
$28,033,209
$29,655,882
Total
*
,
This company and its wholly-owned subsidiary, Centennial Insurance
Co.; have received approval of the Superintendent of Insurance of the
State
Directors—
1,548,993
359,429
659,106
earnings,
class
Atlantic Mutual Insurance Co.—Broadens Charter—
the
American Stores Co.—-Sales
At
employees)
Fixed assets, at cost (net)
i
Pats., licenses, developments, goodwill, etc. (net)
Prepaid insurance, taxes, etc
resale
for
(bought
of the Pennsyl¬
the post of Vice-President
to
Month of April—
4,125,953
4,125,953
advances
the
of
out
of
Transfer
—V.
3,456,000
___.
and
American
of
Slock
from affiliated
receivable
elevated
corporation.
Secretary and Controller of the company; Sidney Weil, Vice-President
and Director of Sales; and Richard W. Dammann, a member of the
law firm of Dammann, Roche & Goldberg, attorneys for the company.
807,571
Inventories
Account
R.
I., and the American Title & Insurance Co. of
Mitchell L. Ross and William Donnelly, formerly Assistant
were
8,802,221
324,016
_
_
vania
The
1949
American Plan
The
in
American Safety Razor Corp.—New
$2,221,296
ASSETS—
positions
similar
Providence,
31
MARCH
SHEET
BALANCE
CONSOLIDATED
hold
officers
these
of
Corp. of Pennsylvania, an affiliate of the New York corporation, which
acts as United States Managers for the
Rhode Island Insurance Co.
of
Net
Preferred
1898. /
P.
at
$0.42
profit
shares
(N. Y.)—Officers Elected
the annual meeting the fol¬
lowing officers were elected for the ensuing year:
President, Mark M. Hart; Executive Vice-President and Secretary,
Lothar Sudekum; Vice-Presidents, Emil B. Jurgensen, John F. Dalkin,
F. Wylly Clarke, Jr., Stanley B. Markel;
Treasurer, H. Arthur Will.
The
organization specializes in the handling of automobile physical
damage insurance for financial institutions and serves as United States
Managers tor the American Fidelity Fire Insurance Co. of New York,
It
$5,946,424
income
debentures.
These purchases were made from
together with cash from the "ale of
A stock of Anglo-Canadian Telephone Co.
At
March 31,
1949 Associated held $1,100,000 of the debentures in its
treasury,
reducing
the outstanding
amount to $9,767,000.—V. 168,
of
arising
50,000
p.
total,
1, 1955, and to place the company in a better position
refunding. Last year the company acquired $948,000 prin¬
funds
casualty
surplus (less amount accruing to minority
$1,006,447,510.—V. 169, p. 2203.
earned
of acquiring
purpose
May
amount
interest),
$43,394;
5,230,616
Other
due
Co.—Reduces Debt
report, says that it has been accumu¬
its outstanding 5V2%> deben¬
its annual
the
for
possible
cipal
burglary
$5,713,653
Gross
liabilities
contingent
$3,993,638;
construction,
of
in
$301,412; undeclared cumulative dividends on preferred stocks
of subsidiaries heid by public, $4,216,817; surplus reserve, $4,099,064;
minority interest in surplus of subsidiaries, $1,425,710; capital surplus,
(The) American Plan Corp.
1949
$5,499,057
214,596
loyalties.
and
reserves for injuries and damages, $1,236,666;
damage, $1,100,643; other reserves, $650,134; con¬
$641,715;
adjustments,
cash
tures
in
company,
lating
-Earns.
Subs.)
(&
Ended March 31—
Three Months
Rentals
Co.
Foundry
&
adjustments, $3,500,000; reserves for
acquisition
adjustments,
$7,066,846;
accounts, $835,364;
reserves for inventory
contingencies-—plant acquisition
amortization
of
untility
plant
$129,073,970;
American Machine
preferred
(contra),
third largest company
the field of personal finance, has reported earnings of $766,106
the first quarter of 1949.—V. 169, p. 697.
Co.
Investment
American
for
April 30,
or.
Illinois
of
Co.
Associated Telephone & Telegraph
total,
$301,412;
(contra),
assets
This
LIABILITIES—$6
reserves
recently completed Its
acquisition of the Ohio Finance Co. through the purchase of all the
assets.
This purchase was approved at a
stockholders' meeting of
Investment
American
The
contingent
Monday,* May 30, 1949
CHRONICLE
FINANCIAL
&
$1,006,447,510.
Court ruled in favor of this company
In the suit brought by holders of the non-cumulative preferred stock
claiming dividend arrears.
New
$906,779;
ferred,
Dividend Suit—
American Ice Co.—Upheld in
The
COMMERCIAL
THE
(2310)
2
1,000,000
800,000
2,640,300
15,530,450
150,000
360,953
800,000
2,640,300
15,530,450
150,000
12,630,797
360,953
12,209,489
$50,880,842 $47,311,414
1949 and $1,053,660
in 1948.
tlnven-
'
Volume
tories
169
Number 4807
THE
stated at cost, and are below current market.
inventories and cost of sales have been determined
in
with
are
the
last-in, first-out method.
.unitinents
costs
not
1943
for
was
092,990
-aooI
above
in
.tAfter
1948.—V.
169,
The
of
amount
market.
current
$4,000,000.
in
the
Material
in
$1,800,000
at
April
2,
at
of
reserves
$24,281,943
in
important
accordance
had outstanding
company
corresponding figure
The
costs
around
1943
at
1949. and
shade
31,
$24,-
tions
in
Bohn Aluminum & Brass
ings
D.
for
Corp.—Earnings Up—
Den
Uyl, President, said at the yearly
first-quarter were equal to 34 cents
the
compared with
cent
one
a
year
He
ago.
that
meeting
per
would make
forms
share,
common
the
closings.
had
Bohn
secured
business
much
in Ford pistons and that the company had
on them in April.—V. 168, p. 2679.
year
into
said
He
hundred
shares
the
to
the
$1
General
that
of
action
at
share
per
paid.
The
just been
for
special
Central
value
ity stockholders can't
last
year,
has
to
getting
the
meeting.
last'.
9,
why
earned
dividend
on
Reporter.")—V.
the
new
in
and
protest
effect
the
best
about
that
The
the
is
lack
a
156,
that
company
a
$108
share
a
action
this
at
share,
a
First
earned
the
over
time.
$35.66
Co.
struction
for
registration
a
shares
subscribe
by
the
and
Otis. &
they
Borg-Warner Corp.—New Contract—
the
Manager,
of
the
for
the
The
is
that
the
and
had
to
the
shares
to
are
The
be
with
stock
common
the
at
market
supplied
being
of
one
subscribe
record
price,
rate of
amendment.
by
in
the
Detroit
mediately.—V.
Mr.
area,
169, p.
Davis
transmission
said.
Tooling
will
will
be
be
and
financing
involving
applied
estimated
of
months
be
to
are
1949
to
the
company's
expenditures
and
of
$12,100,000
$12,000,0u0
in
be
Cleveland
of
taken
investment
bankers,
before
the
shares
of
446,000
Illinois
has filed
registration
a
May 25 that
Commission to
stock
common
statement
board
with
sale
for
by
the
SEC
the
of
stock,
which
of
700,000
and
stock
of
on
165
Period End. Mar. 31—
of
Chauncey
of
this
chemists, was announced
Associated
been,
with
Drolsbaugh
May
on
Breon
successively,
B.
23
company' for
salesman,
district
Vice-President
as
and
Operating
manufacturing pharmaceutical
by J. G. Jordan, President.
company,
16
Mr.
years,
and
manager
Drolsbaugh
sales
3%
directors
of
record
May 23
on
share
per
June
the
on
action
No
16.
declared
exps.
and
Net
oper.
income
taken
was
on
dividend
a
Other
manager.
for
Int.
The
the
on
25
time
cents
they
which
30,
of
the
was
resumed.
were
Sept.
on
distribution
a
stock,
common
which
at
of
last,
31,
1947,
paid.-
in
15
cents
same
The
which
paid
as
of
20,
1948,
was
been
Vice-President. in
Batchelor,
Charge
cf
169,
Production,
Suspended
stock
of
books
11,
from
this
since
opening
of
9,
1949,
from
the
listing
business
tificates
of
the
no
par
the
on
May
on
17.
ICC
1,095
1,400
12,732
5,149
$1,285,216
$5,093,791
$4,795,814
322,277
1,282,454
1,146,629
$962,939
$3,811,336
$3,649,185
$1,307,239
this
of
issue
Fourth
to
been
have
permanently
closed
338,353
,
...
$968,886
_
National
Bank
requested
in
to
surrender
Butler
Bert
Prall,
20
cer¬
purpose
The
in
changes
the
the
in
trustee,
equipment.—V. 169, p.
board
company's
follow
directors
of
by
which
culminated
in
of
business
executive.
opinion
with
the
Borland
The
& Co..
retirements.
and
C.
caused
were
management policy and
Robert
differences
operations.—V.
169,
to
will receive
at
bids
to
up
equipment
its
trust
office,
(CDT)
noon
ertificates,
'
Room
June
1136,
for
9
series
of
the company:
of
name
Thorofare Markets, Inc.—V.
May
26
took
June
30
on
on
due
Salle
La
the
new
Plymouth
action
no
purchase
''Deficit.—V.
v-
of
1949,
par)
Trust
Co.,
annual
steam
meeting held
scheduled
generators
second
should
disclosed.—V.
May
on
be
to
completed
169,
with the
19,
into
go
first of
during: the
spring
this
of
proposing
preferred
Elyth
with
respect
to
filed
2,
registration
a
Co..
Inc.,
writer.
The
writing
terms
are
of
the
of
dividend
The
Sutton
be
250,000
is named
the stock,
on
supplied
shares
of
its
the
by
as
the
the offering
principal under¬
price and under¬
amendment.
.
Proceeds
$21,000,000
169,
T. Cheff.
the
to
.of A.
financing will be
used in part to pay an aggregate
notes1 evidencing
borrowings from
13
expenditures.
The -.balance of
the
proceeds
will
Celanese Corp. of America—New Chemical Process—
board
combination
a
had
This corporation on May 25 announced the
development of
for - the
first
large-scale
production
of
low-priced
formaldehyde in flake form. The announcement opened up the
R.
The
SEC
will
soon
carries
The
development
May
is;
of
para¬
particular
importance to the thermosetting
afford
distinctive
advantages
and
may
new
Celanese
chemical
plant at Bishop. Texas,
has
been
The
established
Commercial
William
Dana
offices:
135
as
S.
second-class
American
and
for
product.
Financial
Seibert,
La
"being produced
price of 11
a
the
and
is
Chronicle
President:
Union, .$35.00
year;
pound,
(Reg.
in
one
U.
S.
corporation's
F.O.B.
of
plant
the
Patent
most
D.
and
be
a
utility
available
factory
•
list
On
account
of
the
Of
will
and
to
be
the
of
3 \k %
fluctuations
in
the
proposes
for
To
$10,000,000,
3'/4%
Sea¬
instalment
contribution
Seaboard
would
instalment
in
simplification
this
to
end,
account
charter
to
conversion
of
the
of
stock
the
into
by
has
given
1G9,
the
to
its
corporate
will
make
would
interested
stock
capital
of
presently
issued
shares
of
and
the
outstanding
new
persons
until
May
27
to
$25
par
request
a
Co.—Weekly Output—
1
——
—
remainder,
approximately
..the
31,903,766
$16,346
$18,675
sale
;was
obtained
and
$50,000,000
$106,243
of
169, p.
fill
a
Furnace
this
of
securities.
new
through the
through
These
year.
of
term.
—1.5
210,176,000
+3.4
This
somewhat
since
at
money
net
a
To
or
made
new
of
have
an
annual sinking fund require¬
first 49 years of their
50-year
provision was apparently attractive to
offering was sold through competitive bidding
of
the
of slightly
under 3%.
construction
be
raised
program,
before
the
has been
elected
the
United
p.
/"■/
the
sale
23
of
—
registration
a
shtres
of
the
offering will "be
general corporate
purposes,
improvements," replacements
added
to
Registers
Stock
statement
capital
stock
+,
the
With
($1
par).
working
capital
and
used
including construction of miscellaneous
and
additions
to
plant.
pany.
prospectus
.termbank
loans
Industries, Inc.,
.will
states
bonds, due 1964,
Of the proceeds,
be
added
financing
frozen
foods
.provide
169,
is
and
financing
will
be
required
Southern
as compared
with 302.786,367 tor
Increase of 5,468,492, or 1.81 % .•
Reduces Bank Loans by
he
sold
$6,500,000
$500,000
is
for
in
to
June
be
to
used
advances
to
an
to
a
insurance
pay
to
business,
be
advanced
including
working
to
frozen
cap'tal
for
com¬
subsidiary,
corporation
subsidiaries
engaged
fruit
juice
their
expanding
in
concentrates,
the
to
business.—
May
on
York
The
original total loan
of
the
1949
to total
program.
Con¬
about $120,000,000.
Corp.—Weekly Output—
banks
$25,000,000
been
to
a
made
total
24
of
308,254,859,
corresponding week in 1943, an
$3,000,000—
reduced
its
loan made with a group of
by the pvyment of $3,000,090.
a total commitment
the balance cf the commitment
$3,000,000
amounted
in
the
July
to
1948,
$21,000,000 of
cancelled.
current
$3,000,000
quarter
of
1949
reduction
out
of
the
represents
excess
of
a
payment
dividends
taxes and the quarterly dividend of $1.50
Commonwealth's preferred stock payable July 1, 1949.
expenses,
New Vice-President of Service
Juice
1776.
B.
The
New
outstanding
to pay off a bank loan of like amount.
The balance
working capital.
$1,500,000 of the proceeds of the
expected
X:
second
$7,500,000 of first mortgage sinking fund
to
for
2207.
The,weekly kilowatt-hour output of electric energy of subsidiaries of
corporation adjusted to show general business conditions of terri¬
tory served for the week ended May 19, 1949, amounted to
The
to
additional
p.
that
are
has
this
having
To Sell $7,5(10,000 Bonds
Privately—The
additional
decision
by the resignatinn
'■,
•/
filed
150.000
No
Gas
Commonwealth &
Louis
1952.
required new capital is for the purpose of supple¬
facilities of Public Service Co. of Northern Illinois,
& Electric Co., and Illinois Northern Utilities Co.
gas
further
169,
of
the
of
menting
—V.
estimated
an
end
desirability of issuing mortgage bonds, debentures,
It is now too early to decide.
stock.
Western
No
sale
each
to the
as
portion
the
3%
unusual
cost
our
must
common
A
the
complete
$100,000,000
been
for
we plan to raise through
with this plan $50,000,000
mortgage bonds in July of 1948
3%
50-year debentures in April
accordance
of
debentures
$1,000,000
investors
.
1005.
St.
+4.6
+ 0.9
$200,000,000,
In
sale
struction expenditures this year are expected
Co.,
created
vancancy
% Change
209,672,000
218,684,000
215,586,000
217,253,000
——
1948
217,433,000
—
Of
the $500,000,000 postwar construction
program
approximately
$300,000,000 is expected to be derived from cash resources accumulated
the war, depreciation provisions, and undistributed
earnings.
The
1949—3 Mo?.—1943
28,612,961
to
1948:
1949
213,314,000
215,454,000
(during
1448.
p.
on'May
company
Office). William
exchange,
ac¬
400,000 shares *<$25
10,000 shares (no par)
*
2207,
p.
a
its
transfer
authorize
present
180 000
—
James
wealth
that
of
it
was
H,
&
The
the
over
share
remittance
fc*
of
Jackson, Mich., Chief Engineer of The Common¬
Corp.: (New York), was elected a Vice-President
a meeting of the board of directors on
May 24,
by Granville H. Bourne, President.
Commonwealth
is the
mutually owned service company for the subsidiaries
& Southern Corp.
(Dc.aware) and, under the
Commonwealth
Dana
foreign
subscriptions
and
advertisements must be
made
in
New
.
York
on
Company—
at
announced
of New York
nf
Foote
for
received
per
Southern
company
Riggs,
rates
use
promissory
surrendering
Transmission
surplus
•
its
lieu
of
Seaboard
Transmission
cancellation.
capital
amend
capital
111..
the
by
'
capital
$10,000,000,
amount
the
$3,200,000
i
of
cash
a
and
require¬
subject to future
aggregating
$5,0u0,000
make
these
$100,000,000 Additional for New Construction
—At the annual
meeting held on May 24, Charles Y.
.Freeman, Chairman, said in part:
-
,
11,108,545
Industries, Inc.,
Proceeds of
V.
Seaboard
requirements
contribution
i
.
fOTE:
to
conditions, but
approximately $30,-
of
Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and
Publisher;
Business Manager.
Published twice a week
[every Thursday
(general news
and
advertising issue), with a statistical issue on MonaayJ.
Other
(Telephone State 0613);
1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smith.
Copyright 1949 by William B. Dana Company.
Reentered
at the post office at New York, N. Y., under the Act of March
3,
1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of PanDominion of Canada, $38.00 per year.
Other Countries, $42.00 per year.
••
:
>"
William
St., Chicago 3,
February 25, 1942,
per
a
Formaldehyde,
Salle
matter
cents
the
at
pro¬
To Raise
*$372
directors
Ford.—V.
proposing
334 %
V
efficiencies
The
by
C< lumbia
like
Ended—
14
Merrill Lynch, Pierce, Fenner &
Beane, New York, and Newhard, Cook
Co., St. Louis, are named as the principal underwriters.
The public
offering price and underwriting terms are to be filed by amendment.
possi¬
producers, since it will
in reaction,
storage, handling and shipping to a degree
drastically change present production techniques and cost's.
plastics
that
Week
&
new
a
to
and
the
subject
course
$5,925,000.
requirements;
Commonwealth Edison
May 7
April 20
passenger
1949—Month—1948
with sec—
.
bility of its use as a replacement for formaldehyde' by the plastics in¬
dustry and other industrial consumers which last year used 624,000,000
pounds of the latter product.
the
to
a
also
its
the
SEC
paid
been
9,932,989
President of the Holland
of
Clinton
for
process
of
economic
and
needed
of
soil
stock
ol'
21
Clark Equipment Co.—New Director—
••
of .promissory
,
is
financing
.
banks
for
capital
"be" added to treasury funds of the company and applied to the plant
expansion program and for working capital.
Expenditures for exten¬
sion
and
improvements
of. facilities, during
the 31# years
ending
Dec. 31,
1949, are expected to reach $55,000,000.—V. 169, p. 2207.
•
and
May
1
of
1950
will
estimates,
program
finance
to
'
amount
SEC
cumulative
for
and
$14,900,000
present
would
shares
stock,
preferred
Two new directors, Daniel O.
Morton, New York, and Stanley Fclz,
Philadelphia, were elected while 20 other were reelected.—V. 169, p. 800.
P.
York
New
rate
to
of
with
at
1949
in
Electricity output of Commonwealth Edison Co. and associated comexcluding sales to other electric
utilities,, for the week ended
May 21, 1949 showed a 4.6%
increase over the corresponding week
a
year ago.
Following are the kilowatthour output totals of the past
quar¬
J.
Schwartz, Chairman of the Maison Blanche Co., New
La., has been elected President of City Stores Co. to succeed
Saul
Cohn, who was elected to the newly created position of ViceChairman.
A.
M.
Greenfield,
Chairman, said (he reassignment, of
'duties was attributable to the rapid
expansion of the company's busi¬
SEC—
statement
1949
the
necessary
four weeks and percentage comparisons with
the
ness.
the sale to the public
stock ($100 par).
<fe
Mr.
it
of
be
later
•panies,
Orleans.
the
1987.
p.
May
company,
October.
1950,
Caterpillar Tractor Co.—Registers With
The
at
presently
will
require
now
and
from
hearing.—V.
City Stores Co.—New President, etc.—-
60,000-kilowatt
two
operation
told
were
which
financing
as
Transmission.
common
The
Herbert
stockholders
1949,
estimated
presently
stock.
York,
New
cf
capital
and
count
ment
President.
schedule,
would
purchase
like
in
1961.
July 1,
1950-July 1,
the .5 V2S> cumulative-
Suburban
Period End. Mar. 31—
spent $5,500,000 in the first four months cf 1949
its expansion and construction program, according to L. V. Sutton,
is proceeding on
of
debentures
program
balance
the
of
$4,499,900
company
Construction
March,
being used in
Columbia
Gas
are
additional
business
upon
application
liote
Street
'
169,
Expenditures—
general
Transmission, Seaboard's subsidiary.
$3,343,000
1,
Quarterly distributions of $1.37Va per share
including March 31, 1949.—V. 169,. p. 1987.
Revenue passengers-——
■Balance to surplus—
Carolina Power & Light Co.—Plant
ol"
The
Cincinnati Street Ry.—Earnings—
2100.
This
in
sale
program
,
issue
structure
10
car,
is now on display by some dealers and
generally, it was announced on May 21.
It
price of $1,740.—V. 169, p. 1988.;
May 20. 1949, transactions in the corporation's 25-cent
common
slock were recorded on the New York Curb Exchange
new
directors
and
Beginning
under the
The
it.
the
$3,200,000 to
notes
Chrysler Corp.—New Combination Car Shown—
(P. H.) Butler Co.—Name Changed—
par
the
1950
year.
amounts
will
dated
E,
Jan.
Chicago, 111., in addition to the Bankers
dividend
The
2100.
p.
in
notes and Columbia
Seaboard cf $5,000,000.
Of
to
1987.
$100.
par
its
Fenner, retired
by
of
the
the
to
approximately $11,1,223,000 shares of
of
funds
genera]
$11,500,000
complete
that
finance
board
Childs Co., N. Y.—Defers Preferred Dividend—
The
leading members declining to stand lor reelection at the annua! meet¬
ing last March.
They were Arthur M. Betts, senior partner in the
investment firm of Betts,
from
added
be
1948,
expenditures
sell
promissory
Temporary general mortgage 4'#% convertible income bonds, series A,
2019, may be exchanged for permanent bonds at The Northern
Co., trustee, Chicago, 111., in addition to the Chemical Bank &
Trust Co., New York, N. Y.—V. 169,
p. 2207.
dissension
two
to
common
new
Y.
terly
months
net
to
due
.
some
To
v
Trust
executive of Montgomery Ward & Co., Inc.
President of Butler Brothers, succeeding G. R.
management
realized
Such
involve
$6,800,000
stock
N.
elected Chairman of the Board.
was
to
Transmission,
■applications.
Temporary first mortgage 4% bonds, series A, due 1994, may be ex¬
changed for permanent bonds at The First National Bank of Chicago,
former
a
elected
was
Herberger, who
will
proceeds
October,
construction
expects
securities
for
ments,
Definitive Bonds Ready-
May
Brothers, Chicago—New President—
R.
May
stock
new
the
of
These programs involve estimated
expenditures of $15,357,000
$7,120,000,
respectively,
for
the year
1949,
requiring cash
in
May
due in 24 equal semi-annual instalments from
receiving the distributions which are being made in connection with
liquidation ot the company. The distributions consist of cash and
on
will
net
in
1974.
1949
sale
company has Joined
with
two
ot
it;
subsidiaries,
Atlantis
and Virginia Gas Transmission
Corp., both of Charlestown, W. Va., in the filing of proposals with the SEC for financing
the construction programs of the two subsidiaries.
in
Chicago,
$3,126,000
York
their
Wichita, Kansas for the
the
of
the
$12,950,900,
were
sale
$19,905,000
due
the
from
Seaboard Corp.
-
:
transfer
since
at
as
the
approximately
such
respective
_
on
liability
Station,
common
New
The
secur¬
for obtaining sub¬
To Finance Two Subsidiaries' Current
Requirements—
$4,790,665
1004.
p.
Companv
.
•assignments for interest in producing leases and the equipment thereon,
non-pi-oducing leases, royalties and mineral interests.—V. 169, p. 1986.
on
$5,081,059
1949.
Holders
p.
$1,283,816
Chicago Rock Island & Pacific RR.—Bids for Equips.—
'
been
have
company
May
removed
was
the
at
the
of
dealings
company
Exchange
$1,306,144
has
Bridgeport Oil Co., Inc.—Removed from Listing—
Curb
nationwide group of
000,000.
16 authorized the company to assume obligation
respect of not exceeding $6,210,000 2%% equipmenttrust certificates, to be issued by the Northern Trust
Co., as trustee,
and sold at 99.78%
of par and accrued dividends in connection with
1880.
p.
which
required
13,406,211
the procurement of certain
promoted to Executive Vice-President.—V.
and
corporation
raise
sell
1949—12 MOS.—1943
14,651,867
other deducts—
169,
and
Official Promoted—
W.
from
with
be
Chicago & North Western Ry.—Equipment Trust Ctfs.
was
•
Mead
subscription
Corp. is
$4,711,455 $19,732,92-6 $18,196,876
3,427,639
(net)
income
The
one
cents
90
The
The First Boston
shares
proceeds
corporation
stock
to
made
payment
total
a
was
Dec.
on
previous
year
share
per
selling
net
change
depending
presently planned,
3,673,512
common
—v.
March
taxes-.
income.
and
Net
stock.
On
income
Gross
the
at the
The
has
the regular quarterly dividend of
stock, payable June 30 to holders
preferred
for
debentures
System
1949—3 Mos —1948
$4,979,657
revenues
Cper.
Bridgeport Brass Co.—No Common Dividend—
The
■.
$1.37Ms
primary rights.
estimated
are
the
realized
connection
Central Power & Lijht Co.—Earnings—
'
Sales
(no par)
stockholders.
funds
com¬
first mortgage 3%%
bonds,
series B,
due
1968, may
exchanged for permanent bonds at the office of the company,
Broadway, New York, N. Y.—V.
167, p. 1147.
•be
(George A.) Breon & Co., Kansas City, Mo.—New Of¬
of
the
a
and
PURPOSE—The
bidding.
company
under
14.
new
announced
Commerce
company's
shares
common
the manager of
as
scriptions
represented
1,345,300
share for each 10 shares held at $10 per share
additional privilege to subscribe to the shares
ities dealers who will be compensated
mostly
1950,
properties.
sale
for
acting
con¬
Temporary
im¬
2206.
ficial—
Appointment
production
heating
one
an
not
gram
Director
adjusted
$61,958,000.
located
started
company
home
offer will expire on June
Central Pacific Ry.—Permanent Bonds Ready—
the
of
in
Columbia Gas System, Inc.—Stock Offered—The stock¬
holders of record May 24 are given the
primary right to
par))
are
rate
subscription
SECjf.
the
($10
stock
common
shares
new
held.
seeking approval of the Illinois
negotiated basis.—V. 169, p. 2207.
1349.
manufacture
had
effected major economies in all
to
a
highly competitive
equipment, '
Boyd W. Tullis, Chief Design Engineer of the small appliance divi¬
sion, has been elected a director, succeeding John II. Graham, who had
also resigned as a Vice-President.—V. 169, p. 1776."
Registers With
statement
its
of
now
a
"
Facilities
said.
added
common
end
of
departments
Corp. is named as the principal underwriter.
The
purchase at the subscription price the shares not
nine
last
Co.,
will
petitive
This
corporation
has
contracted
with
an
.important
motor
car
manufacturing company to supply its full requirements for a new
.fully automatic transmission of an improved torque converter type,
C. S. Davis, President, announced on May 20.
Deliveries are expected
the
same
profitable
He
stockholders.
program,
urge
toward
consolidated companies were substantially less
period a year ago, resulting in a loss for the first
operations, Canadian and export business continues
levels, Sheldon Cclfcman, Executive Vice-President and
months
General
Otis to Urge Competitive Bidding for Stock—
years,
Wool
1948
$9,730,350
Although sales of the
than
that
at
—
1949
$6,222,351
—
four
para¬
record
2100.
p.
Service
filed
446,000
five
to
are
of
for' electric
1738.
p.
when
on
share
a
three
past
("American
to
Boston
for
Proceeds
the minor¬
and
23
underwriting terms
subscribed
quarterly distnbut'on
1948, a total of $6 was
In
Public
of
each
of
A
high, $135
169,
company's 2,230,000 shares of
right
for
underwriters
interests of
by
May
sale
the
share
date
several
the
to
of
offered
stockholders'
a
it
is
reduc¬
potential
effected
time
April 30—
Sales
price balance.
near
applications.—V.
Illinois
company
during the
see
which
and
default
Cotton
sent
brought
was
Feb.
on
the shares
of
the
by
be
can
Coleman Co., Inc.—Soles Decline—New Director—
Four Months Ended
a
...
The
-
book
that
offset
be
SEC—
proposing
interest
an
acting in
not
was
directors'
made
was
recently
action
recent
a
representing
Massachusetts
of
company
•
The
house
company
stockholders.
dividend
"of
this
of
Attorney
management
all
brokerage
costs
products have been in
Holders
York
be
at
sells
use,
in
early
Border City Manufacturing Co.—Dividend Omitted—
New
could
operating
industrial
of
formaldehyde would
paraformaldehyde quotation,
Celanese
differential
customers'
price
3
(2311)
domestic
production
A
the
this
the
predictions for
no
second-quarter because the wave of strikes in the motor industry
having "quite an effect" on the company, particularly the Ford and
Packard
than
basis,
CHRONICLE
Although the new paraformaldehyde is being produced initially as
flake, indications are that it will soon be made available in other
earn¬
the
is
100%
formaldehyde'is used. This represents the; first
these two
Simon
FINANCIAL
chemicals in current
pound in. 37'# solution.
a
a
that
&
organic
cents
on
lower
believed
2094.
p.
basic
3!/2
Whereas
coni-
Dec.
COMMERCIAL
.
funds.
4
reorganization plan now before the Securities and Exchange
for hearing on June 7 in connection with the dissolution
proposed
COMMERCIAL
THE
(2312)
If
the
be
wealth
begin
Services,
officer
an
of
new
continue
will
It is expected that Mr. Foote
company.—V. 169, p. 2207.
Inc.
the
as
continued
we
Commission
plan for Commonwealth of Delaware, the service company will be
reorganized as an independent company, tentatively named Common¬
with
The
company and its ,subsidiary, Southern Cities Ice Co., Raleigh,
C., have made application to the SEC for an order authorizing the
Company to acquire tne inaiu and property of the Timmonsville
ce
& Fuel Co., Timmonsville, 3. C.
This company services an area adjacent to the territory served by
he Ice Company.
Its p'ant and property recently were acquired by
letter's
4%
and
iven
General
of
30,000
Manager,
The
notes.
interested
is
to
pay
940.
,
of
All
$3,985,000 outstanding 15-yeav 3 Va % sinking fund debenSept. 1, 1960, have been called for redemption on June 25.
102% and interest.
Payment will be made at the American
due
ext,
at
Tational
11.—V.
Bank
&
169, p.
Trust
he
amounted
year
In
discussing
rate
he
of
poses
gross
March
to
25,
the
1943,
Commission
should
alue
be
entitled
fair
return
the
upon
present
schedules
for
of
rates
rehearing to
Jixing of these
a
the
the
in
electric
sought.
was
review
rates."
rate
The
authorized
as
has
which
not
were
concluded
was
nual
ai
an
and
order
believe
we
Testimony
in
case
that
errors
this
by
schedule
of
fair
the
to
in
dditional
23
asked
to industrial
filed
the
50
The
out
company
of
of
cites in
Pipe
customers
Michigan
natural
Co.
subsidiary
a
in
the
lift
gas
from
the
storage
supply
Public
on
gas
in
results
Co.
part
from
Panhandle
by
Gas
Completion
of
in¬
Eastern
Storage
Co.,
will
Mich.,
permit
major
Placed
to
ell
the
would
oney
nd
to
be
reduce
creation
used
to
of
special meeting June 15 will be asked
complete
short-term
additional
debt.
plant
funded
expansion
$25,000,000
and
Company,
it
debt.
Th6
modernization
is understood,
plans
privately $20,000,000 of 3% debentures due in 1965.
The
arranged by Goldman, Sachs & Co.—V. 169, p. 2102.
sale
to
i$-
eing
Continental Motors Corp.—New Air-Cooled Unit—
corporation
ir-cooled
tank
rdnance
is
It
last
engine
week
manufactured
under
Department
contract,
12-cylinder,
a
final
completed
810-horsepower
assembly
the
announced
in
company's
November,
said
unit,
the
of
will
be
standard
anks.—V.
169,
equinment
1777.
p.
the
for
;
by
and
newest
most
powerful
Cooper-Bessemer Corp.—Ruling on Dividends—
The
New
poration
une
York
of
holders
o
the
of
1949,
9,
ssued
for
hare,
such
he
stock
The
not
Exchange
in
of
be
to
at
be
mailed
the
close
ex-75
'ue-bilJs;
the
24,
cor¬
1949,
business
on
of $5 par value (scrip to be
cash dividends of 50 cents, per
paid also on the shares received as
a
on
on
May
June
cents
per
20 directs that Exchange contracts in the
7, 1949, unless made specifically for "cash,"
share (25 cents of which represents the cash
payable on the stock dividend); and that
quoted ex said stock dividend until June
contracts
from
June
of
stock,
and
to
notice
received
record
common
shares);
dividend
has
dividends
of
stock
dividend.
•ertificates
V.
50%
cash
stock
be
ividend
e
of
fractional
Exchange
ommon
hall
Stock
declaration
common
delivered
made
and
after
prior
that
to
all
June
June
due-bills
9,
1949,
27,
1949,
must
be
in
said
common
stock
27, 1949; that all
settlement of Exchange
must
be
redeemed
on
accompanied
June
29,
by
1949.—
169, p. 2207.
Eoard
approved
of
for
"Governors
listing
of
191,500
five
tive
cents, Issuable for
rights.—V. 166, p. 665.
the
New
York
additional
cash
pursuant
Curb
Exchange on May 17
common stock,
par
stockholders' subscription
shares
to
of
on
May 19 said
in part:
Our
dai'3'
acquire
the funds
in
is
it
1949,
additional
possible
working
Standard
from
Oil
of
chased
•
royalty oil,
t.,::
month
in
production
was
of
515,251
1948,
a
for
the
first
quarter,
including
the
Over
take
will
is
problematical
with a
years
few
and
year,
subject
short-time
to
digressions
to
equity
conserva¬
personal
the
the
the
The
broiler
of
of
$393,303
16,492
100,240
S9.47
$23.85
$1.20
stock
of
$3.57
,__
Dow
Dec.
by
that.
property
be
to
The
should
all
of
its
the
assets,
Dallas
dividend
a
July
on
July
of
37 Va
cents
share
per
25
cents
each;
Oct.
50
1,
of
Based
volume
May,
J..
F.
April
$150,000
on
June,
according
$266,814,
cents;
worth
of
to
compared
business
in
have
lines.—V.
enabled
the
to
company
cut
and
voting
any
the
for
5,000
record
at
shares
May 4
$11
of
27 filed
(par
$10).
of
pounds
will
a
have
available
for
year
ihe
of
169,
primary
magnesium
next
in
the
220b.
p.
Building
June
on
Exchange of
—
first
1949,
the
holders
6%
10,
serial
geld
mortgage
certificates of deposit therefor,
or
of East
bonds of
and holders
trust certificates of East Avenue Corp.,
or
shall not participate
the plan of reorganization of Surf Apart¬
Holders of aforementioned securities may
under
amended.
as
Corp.
and
surrender the
in
same
exchange for shares of stock of East
i
"
of East Avenue
Corp.
represented by
such bonds,
its
of deposit and voting trust certificates, together with any
cash, dividends or other property attributable thereto, remain¬
all
ing unclaimed
at the close of business on June 10, 1949, shall become
property of East Avenue Corp., free and clear from any and all
right title and interest therein of the holders of suchUnexchanged
half
the
securities
farm
and
executors,
all
Avenue,
beneficially
persons
administrators,
securities
4,
interested
and
successors
therein,
their
heirs
assigns.
exchanged at East Avenue
157, p. 1648.
be
may
Rochester
■<.
one
share
new
stockholders
The
right to subscribe to
bases
the
on
$477,000.
company
Corp.,
Ill
East
Y.—V.
N.
letter of notification with the SEC
a
stock
common
given, the
are
share
per
April
on
above
certificates
$58,926
(D. E.) Dean & Co., San Antonio, Texas—Rights—
company
business
The shares of stock
first
on
of
distribution
Inc.,
Such
The
all production
$625,000.
Corp., Rochester, N. Y.
close
present
Robert
C.
with
prices
producer
said.—V.
was
Apartment
in
p.'1681.
166,
it
Apartments, Inc.,
ments,
this month will total about $350,000, Mr. Powers said.
Vice-President
of
operations,
said
production
equipment
the
of
McRoberts,
economies
next
it
million
20
oi
only
Avenue
Avenue
in
were
rate
the
now
States,
Avenue
the
on
904.
$760,000
sales
the
gov¬
first
on
are
cost
that
stipulates
the
the
the
on
on
rehabilitate the plant at aft
in "ever-ready" production
to
keep
will
pound
.
is
East
1 to holders of record June 17. This
April 1, last. Payments in 1948 were as
1,
agreed
ana
estimated,
to
pound
a
a
cent
paid
was
cent
cent
Securities—
Surf
voted
is
agreement
at
which
a
from production
$212,000,
it
govern¬
been sold to
plant
was
The
company
and
pillow cases and wide and narrow
industrial uses.—"American Wool and Cotton
around
President.
March.
in
for
$199.95
war.
of
years.
Dow
1560.
cents
be
of
the
has
Texas,
$1,987,700.
cash,
payment
company
of
This,
magnesium
five
loyalties
the
cost
sales
during the
$608,000
also
that
announced
Freeport,
produced:
one-half
and a quarter of a
pounds;
estimated
at
approximately
company
25;
25
May
plant
include:
May
addition,
auctioned
Davis Manufacturing, Inc., Wichita, Kansas—Sales
Sales
the
Estimated
In
Agency
for
pounds
million
30
Co.
will
on
condition.
the
that
15, year-end of $2.—V. 169, p.
Fowere,
$39.95
Co.—Purchases Magnesium Plant—
magnesium
million
40
sheets
p.
and
1
from
maximum
a
observing its 85th anniversary this year.
For the
has limited its production to a single model of
lines in order to hold down prices.—V. 169,
Works
Chemical
operated
of
sell
to
payable
50
April
sell
to
to
up
name
Chemical
ment-owned
company will be put up at
according
to
Roger
Milliken,
textile
organization
of
which
Milliken
buildings
169,
with
compares
it
brand
Federal
United
stock,
common
models
1989.
The
this
July,
report
company
directors have
follows:
is
years
its
Dow
$155,754
Dan River Mills, Inc.—Declares Reduced Dividend—
The
eleven
"Pacemaker"
"Custom Master" stove equipped with
automatic
and the "Simmer-Kook" fuel-saving burner.
company
three
p.
Co.—To Auction Property—
property
decision
a
of
consists,
four-burner
company's
past
Federal
100,240
middle
mill
the
line
new
tne
elevated
16,492
Deering,
the
on May 20 announced that it has entered full pro¬
complete new line of gas ranges to retail at prices
the market for competing ranges."
standard
lor
part.
of
1881.
"below
the
(New
Payment
the
additional
for
each
five
East Coast Public
of
share
-
shares
Floyd
W.
Service Co.—Final
Woodcock, President,
May
on
Liquidating Div.
in a letter to
24
the stock¬
holders, said in part:
,
held.
Rights expire June 5. Proceeds will be used to increase operating
capital.—V. 150, p. 3817; V. 157, p. 1422.
"In
corporation
struction
a
on
announced
was
cost
The
estimated
was
contract
for
23,
has
the
ordered
catalytic
to
at
barrel-a-day fluid
its refinery facilities
"several
nt
the
May
on
5,000
new
which will be added
plant
The
started
it
million
construction
has
con¬
.
awarded
Jones
Deep
Rock
research
new
company
and
building.—V.
also
is
development
169,
p.
starting
work
laboratory
and
construction
on
a
modern
stockholders
May
of
the
refinery
31,
Equipment
issue
were
Pcabody
The
&
awarded
was
follows:
as
Co.,
99.5411;
certificates
will
on
a
bid
Salomon
Harrft,
be
of
Hall
issued
to
for»the
following
Delaware Power & Light Co.
period End. Mar. 31-
The
Net
oper.
Other
income
Gross
Income
40,827
207,841
243,414
$1,061,264
$766,915
$3,622,042
211,962
214,613
821,231
531,809
$349,302
$552,302
$2,800,811
$2,099,597
86,250
income
deductions
13,555,083
$2,387,992
13,183
(net)
14,853,777
86,250
345,000
345,000
;
income
Net
Preferred
Bal. for
dividends
of
common
com.
stock
stk.
Earned
—V.
per
share
169, p. 1332.
17th
final
liquidating
surrender
neld
their
1949.
June 15,
on
of
as
the
of
close
Chestnut
1C6,
p.
Sts.,
dividend
it
will
be1 neces¬
certificates
them
by
and
representing the
Provident Trust Co. of
to
Philadelphia,
Pa.,
on
after
or
2102.
statement
the
:
published
in
ended
months
32
Krumbeln,
142,
p.
•:....L.
■
"Chronicle"
the
March
31,
1949
of
and
May
16,
1943.—See
director,
a
has
been
elected
First
Vice-Presi¬
298.
retirement
and
for
additional
working
capital.—
169, p. 2102.
Eastman Kodak Co.—N. Y. Branch in New Quarters—
of
new
quarters
for
the
company's
New
York
branch
dis¬
unit at
1334 York Avenue,
Manhattan, was announced j oa
May 26 by James E. McGhee, Vice-President and General Sales Man¬
ager.
More than 200 employees hove been transferred from the former
location on Hudson Street.
crete,
be
York
has
Avenue
160,000
occupied by
Thomas
M.
$2,455,811
$1,754,597
"We
have,.needed
1,162,600
1,395,120
1,162.600
branch
handles,; ail
$0.55
$0.40
$1.76
$1.51
motion
picture* -film,
that
1
the
mcve
has been
4-story
a
feet
branch,
Connors,
$466,052
'■
building,
square
the
$763,052
c.'T
closed
2102.
p.
Opening
out¬
'<».»
be
further transfers may be made after
110
tribution
$2,631,406
pe-
to
stock
1,395,120
Shs.
pro rata to
directors have set
entitled to receive
The
stockholders
will
•
lia¬
for all
distributed
be
share.
for
providing
been
.
Eastern Nebraska Telephone Co. — Bonds Sold -r
Wachob-Bender Corp., Omaha, Neb., on May 10 sold $60,000 first mortgage 4% bonds, due May 1, 1969 at 102
and interest. Proceeds will be used for plant
acquisition,
V.
$3,414,201
will
per
date
and
the
receive
earnings
debt
$726,088
which
$3.03
company
1949,
1949.—V.
dent.—V.
1949—12 Mos.—1948
3,700,972
after
with
have
^
Eastern Life Insurance Co.—New 1st Vice-Pres.—
$4,427,060 $18,267,978 $15,943,075
3,364,164
to
Abraham
new
$1,048,081
revenues
the
of
common
covers
169,
v.
(& Subs.)-Earnings-
1949—3 Mos.—1948
$4,912,245
revenues
15,
1949
star.dard-gauge ra'lroad equipment, estimated to cost not less than
$4,025,000; seyen Diescl-electric freight locomotives; 100 hopper cars
and 10 passenger coaches.—V. 169, p. 2102.
Operating
reached
thereon
Eastern Gas & Fuel Associates—March 31 Report—
Other bids, all for
Hutzler,
99.616;
Kidder,
Co. (Inc.), 99.269.
provide
of
record
stockholders
of
Philadelphia,
June
&
&
settled with the
been
now
interest
company,
cash
basis
the
the
of
$30,900
the
as
May 31,
order
shares
39.0529.
Bros.
assets
books
on
for
sary
equipment trust certificates, series I, due $210,000 an¬
nually April 1, 1950 to 1964, inclusive. Issued under the
Philadelphia plan, the certificates were re-offered sub¬
ject to authorization by the ICC at prices to yield from
1.45% to 2.325%, according to maturity. Others in the
offering were R. W. Pressprich & Co.; Otis & Co.; Free¬
man & Co., and Wm. E. Pollock & Co. Inc.
The
has
with
date."
In
Certificates Offered—A group headed by Halsey,
Co. Inc. was awarded May 25 $3,150,000 21/&%
Stuart &
2%s,
taxes
of
date
been dissolved on
be completed until
liquidating dividend which will be payable
stock
business
—
settlement
A
additional
the
on
1949.
final
The
1778.
Delaware Lackawanna & Western RR.
and
under
was
had
company
liquidation could not
tax liabilities had been
Revenue.
remaining
consist oi
bilities,
that
Trust
the
which
you,
the
...
&
Laughlin Supply Co.
It is expected the new plant will be completed
in early 1950.
Universal Oil Products has designed the new Unit.
office
Bureau
"The
to
that
Internal
of
to
that
paid.
dollars."
been
and
1947,
31,
advised
we
company's Federal income
the
Cashing, Okla,
communication
1948,
1,
Bureau
cracking
last
our
March
Deep Rock Oil Corp.—New Cracking Plant—
pur¬
barrels, compared with' 619,-381 barrels
drop of qome 17%..
this
d $25,000,000 in 3 951.
ai
16'J, p.
a
20%
The
.
capital.
Co.
when needed.
shares
standing at end of
average
later
the
company
to
The
Creole Petroleum Corp.—Quarterly Earnings Lower—
May Require Additional Working Capital—A. T. Proud-
fit, President, at the annual meeting held
$15,000,000
set
income."
complete
Detroit-Michigan Stove Co.—New Line of Ranges—
The
12%
income
and
assurances
basis.—V.
duction
barrels daily.
shares
Oper. rev. deductions-
Cornucopia Gold Mines, Spokane, Wash.—Listing, Etc.
The
about
need
amounts
"net
to
practically a .fifty-fifty ratio of debt
We will continue to keep our capital structure on a
capital.
$113,500,000,
$18,000,000
1948.
might
from
money
maintained
After
a
first
top-ranking Ordrance
officers to set new standards of efficiency and simplicity.
Coninental research
engineers spent more than five years on developent of the engine before its
acceptance by the Army last summer,
t
of
a
to
The
The
and
undistributed
and
includes
amount
sale.
The
a
1948,
Apr. 23,'49 Apr. 17,'48
wide
Co., Inc.—To Create Debentures—To
Privately—
preferred stockholders at
consent
This
interest, depreciation,
oiher charges
variety of
gas
a
of
depreciation
financing
conditions.
have
we
ex¬
this
I'orm
market
These
certain
of
for
1948 and most of our 1949
in September, 1947 and
1947,
our
November
in
We
program.
The
Dec.
Continental Can
o
have
sheeting for
the
.
The
and
of
Prior
customers
movement of
greater quantities of gas to the Michigan storage fields during the
coming summer.
Panhandle is also supplementing the supply from the
"outhwest with gas delivered
directly to Consumers Power Co. from
local field developed near Howell,
Mich., owned by Panhandle.—
169, p. 1989.
e
conditions.
deferment
if
service in
gross
will need about $80,000,000 of new
wo
$40,000,000 in 1950
de¬
first
mortgage bonds
the sale of
revenues
from
Perhaps
Service
restrictions
the Michigan
of
Power
Lansing,
the
through
debentures
2117.
about"
is
the
in
area.
Southwest
fields
Consumers
near
existing
the
$23,000,000;
aside
1949.
existing
The
additions to plant are as
1948, $37.000,GC0; 1949 (estimated!, $55,$50,000,000; 1951 (estimated), $37,000,000;
(estimated),
convertible
times
the
tentatively scheduled for
are
and estimated
1950
manage¬
adjusted
have
Creek
of
kilowatts.
service at our Trenton
December of this year.
1951.
total of $202,000,000.
We have successfully financed
above
The
several
capacity
100,000
will go into
the second in
a
programs
approximately- 350,000. square feet
of floor space, and cotton textile manufacturing equipment consisting
cf 53,000 long-draft spindles and auxiliary equipment, including 312 X
looms.
There are also ten supervisory houses which will be included
pipeline from the Panhandle Line to the Storage company's
system
with
to
necessary
we
common
p.
consists
supply has imconnecting 12,000
similar size.
The
or
present
suburban
natural
gas
the
of
transmission,
of
to
and
1949
1948.
300,000
will supply
all
of
Officers
gas
proposes
household
of
to
Detroit
re-examined
Conners
company's actual
1947,
or
to
50,000
and
August
000,000;
year
into
over
$165,000,000.
in
at
the
increase
from
follows:
completed "Ule-
and
for
production
it
of preferred
President
Principal
Flint, Saginaw, Lansing, Pontiac,. Jackson, Kala¬
Owosso, Alma, Hastings, Midland and a number
City,
deliveries
Line
pipeline
lino
after
real
Dallas
commercial
the so-called
Improvement
creased
pumping
event
and
auction
include
Bay
mazoo,
from
reduced
that it
168,
All
$6,600,000
supplies about 40,000 space-heating
approximately 280,000 gas customers.
of
The
to
and
ihen.
turbo-genevator
April and November,
completion to produce the
they were designed.
One
were
necessary
Dallas Manufacturing
February
last
increase
now
total
a
served
and
last
units
Co.,
with
plant
ernment
horsepower.
of
cities
1948
conform
to
31.5%
now
of
income
—V.
have asked
incurred in
cystomers and supply all demands
n
this ifelcl lor various industrial heat-treating processes, commercial
ooking and heating, etc., except gas for fuel under boilers of more
han
of
Reporter."—V.
the
its
company
authority
and
early
The
high pace of industrial and commercial development, and public
is continuing in Venezuela.—V. 169, p. 699.
Number
Gas Service to Indus-
on
with
that
stated
that
space-heating
also
ompany
ervice
petition
a
May
extent
inaugurated
to
Power
kilowatt
00,000
Channel
which
examined
budget
feasible
manufactured
company,
ommission on
for
Earnings per share of $7 preferred
Earned per common share
yet
Lifting of Restrictions
The
for
have
program
an
taxes
rial and Commercial Customers—
roved
expenditures
may
Number
to $2.59
on
the
average
number of common
shares outstanding
during the
preceding 12 months.
Gross
revenues
for
this period amounted
to
$87,933,000, an increase ff about 0%.-
Seeks
3
Cushman's Sons, Inc.—Earnings—
completion of additional generating capacity.
for the 12 months ending March 31 amounted
Earnings
projects
carried
efficiencies
16 Weeks Ended—
Net
been completed.
The reduction in the budget was made in light
of these circum¬
stances, the letter points out, and its effect on the raising of new
capital necessary for construction.
Present electric load requirements
are
being met.
The current
budget reduction does not affect the
case
1943
interconnection
each
property devoted
to the rendering of gas service. . . .
ut the increase allowed was predicated upon an original cost base of
40,000,000 which is greatly below such present fair value.
We have
iled
we
The
order,
a
be
must
expenditures
is
such
out.
to
demands
since
Present
Consumers
and privote construction
tile
of
added.
of
Amuay
make
on
of our customers have incieafed about 400,000
while only 75,000 kilowatts of capacity have been
expansion plans call for the Installation cf four 100,000
kilowatt generating units and necessary distribution equipment plus a
new
100,000 kilowatt interconnection with our neighboring utility, the
peak
Kilowatts
position
$50,000,000
for this year's
work on Amuay refinery and for completion of the
Ule-Amuay pipe line.
The intermediate pumping station at Dabajuro
began operation late in April and after a normal shakedown period,
Jersey)
the first quarter, Mr. Whiting stated
was less than last year, with
The rate
of increase in ex¬
to produce an annual
ompany
time
a
building
our
directors
capital
In
revenue
its
capital
and
reduction
leller
issued
in
Bay refinery and another, the
Amuay pipe line lor which some cost has been carried
that
points out, the Michigan Public
authorizing the filing of gas
increase in revenue of $1,800,000
•r $3,000,000 short of
the amount claimed necessary.
"In the hearing
efore
the
Commission,"
Mr.
Whitkig
stated,
"we
contended the
ervice
ates calculated
the
Because
decline.
to be ilattening
appears
On
in
continuing
of
before
operating
is
address
an
,
difficult
year
or
•the line
$16,000,000.
the earnings for
increase
revenue
is
to
accompanying
stockholders
The
the year
production
Expansion—In
Society of Security Analysts
.
Reduced
Co.—Construction Budget
common
is
Some
the
these
of
a
Power
to
end
we, may
penditures that ultimately will be required.
Our
budget for 1949
now
stands at approximately
the 145th comlon
dividend, Justin R. Whiting, President, announced May 20 that
he
company
has reduced its
1949
construction budget $5,500,000.
s
announced last January,
the proposed construction program for
letter
a
It
conditions
1665.
Consumers
In
result,
a
and
velopment
Chicago^
La Salle Street,
No.
33
trustee,
Co.,
As
two
were
revenue
our
the
of
ures
crude.
Co.—Plant
Edison
May 16,
1949, Prentiss M. Brown, Chairman of the Board, said
in part:
.
'
' '
changing demand and possible
changes in price to estimate our earnings for the year. At this time,
it is obvious that they will be lower than for 1948.
Providing higher
demand materializes as expected, it is hoped they will compare favor¬
ably with 1947 earnings.
One of our most immediate concerns is that our requirements for
capital
expenditures
must
continue
this
year
to
be
greater
than
ment
Debentures—
this
production close to cur 1917 result.
believe, in a considerably stronger
production
1948.
Our
Consolidated Grocers Corp.—Calls 3V2%
Detroit
to the New York
years ago.
Our reserves have been increased, our
potential is larger, our plant is larger, and our
transportation facilities are more efficient.
Estimated earnings for the three months were approximately $32,000,000, or 38%/ lower than actual earnings for the first three months
and
the $30,000 notes.
The SEC has
31 to request a hearing.—V. 168,
liability for
persons until May
of
Monday, May 30, 1949
quarter production rate,
first
our
we
ordinary.
for $10,000 cash and
Browder the $10,000
Browder,
O.
B.
company
the
assume
we
current
ce
ash
are,
than
N.
he
volume
totai
a
operational
Acquisition
at
is
some
indication that
demand
for
heavy crude oil will
to increase about the middle of this year.
Demand for light
oil lias continued to hold up and we expiect to produce our
We
Consolidated Electric & Gas Co.—Proposed
1949
CHRONICLE
There
maximum
The company on May 25 announced that local distribution of elec¬
tricity for the week ended May 22, 1949, amounted to 197,800,000 kwh.,
compared with 139,400,000 kwh. for the corresponding week of last
year, an increase of 4.4%.—V. 169, p. 2207.
through
FINANCIAL
year's production would, average 19% lower than 1948, but would
only 6% lower than for 1946, which We all considered a good year.
crude
Consolidated Edison Co. of New York, Inc.—Output—
&
of
Manager
the
of
anticipated for
more
structure
floor
space,
McGhee
Mr.
for
room
photographic
reinforced
of
120,000
of
New
some
several
products
York
branch,
:
con¬
will
w.
explained
time.
years,"
;0tl}c-r
he
than
and the.metropolitan,':area-we serve is
single photographic market.
which
said.
i*.. •••»•.«
said.
"The
professional
the largest
'
Volume
"The
in1
169
new
more
will
quarters
ample
THE
Number 4807
enable
warehouse
to
us
extensive stocks
service to
more
carry
better
offer
thus
and
space
The
San
Ccnnors
—V.
pointed
the
Lease
has engaged
company
CHRONICLE
FINANCIAL
Bank
& Trust Co., 165 Broadway, New York, N. Y„ 300 shares of its
cumulative
preferred
stock,
4.90%
scries,
selected by lot,
at 1 the
sinking fund redemption price of $100 per share and accrued dividends.
Consulting Geologist of
Ira B. Joralemon,
of
the
building,
which
the
by
separate
with
Francisco, and W. E. Romig, General Manager of the Copper Range
owned by the 1334 York Avenue
of Cushman and Wakefield,
Inc.
is
firm
Evans Products
convenience
maximum
have
arranged
was
that
out
quarters
The directors
second
per
The company May 20 filed a rcgistrat ion statement with the SEC
proposing the issuance and sale of $10,000,000 of fir.t mortgage bonds,
share each quarter.—V.
successive
due Jure
1, 1979, at competitive bidding.
According to the prospectus, the company's parent, American Power
Light Co., on or before June 28, 1949, will purchase 350,000 shares
cf Florida Power common stock at a purchase price of $6,000,000.
Net proceeds
of the sale of the bonds and common stock are to
Eversharp, Inc.—Office of Chairman Abolished—
(Motty) Eitingon, Inc.—Trustee & Registrar—
The
Sterling
appointed
National
trustee
issuance
of
Bank
of
Co.
Trust
&
York has been
providing for
New
indenture,
registrar, under ran
debentures due April 30, 1903.
and
class
At
B
Electric Boat Co.
meeting
directors
The
.
earns,
Federal
before
t$54,558,099 $26,925,037 $14,368,954 $45,851,910
$4,322,079
558,255
347,586
3,958,528
taxes
also
taxes
1,797,357
Cr40,600 C/T,200,000
2,250,000
'Net
profit
per
•Based
$2,072,079
share
com.
$0.37
$2.49
the
by-laws
abolish
to
office
the
be
said,
in
sent
shows that
proxies
for
1951
received by the management, a company
substantial majority of the stockholders
a
the
slate
management
directors.—V.
of
See
common
of
sales
in
During
and
PT
756.
the
five
1936 through 1940, were $11,972,963.
(he war, when production was confined largely to submarines
boats for the government, net sales reached a peak of $94,591,prewar
years,.
JIncluding items of
Dividends
paid
with
$1
from
$16,861,994
the
nonrecurring
the
on
$1.50
were
Sheraton
Corp. of America
poration,
The
share
a
in
1947.
in
value
Working
to
1947
to a new high
after deducting
increased
capital
$17,012,382
of the preferred
in
equal
1948
($8,561,550) to $12.15 per share
of
common
outstanding at the end of the year.
Net worth totaled
$20,705,005 at Dec. 31, equal to $17.45 per share of common, after
deducting the stated value of the preferred stock.
stock
"The company
proceeds into the current year with by far the largest
unfilled crders ($60,171,000 as compared with $31,369,000
in its peacetime history," John Jay Hopkins, President, said
backlog
1947)
in
the
past,
company's letter to stockholders.
"Depending, as it has in the
on
United States and foreign
government procurement for a
recently, on
increasing participation in commercial fields, the company anticipates
at the present time the maintenance, for the next few years, at least,
of a level of production high
in contrast to that experienced by the
company prior to the year 1941.
At a time when many manufacturing
large
part
its
of
organizations,
finding it
volume
in
and
more
business,
of
particular
well
as
of
producers
some
increase in
an
more
as,
difficult to maintain
mere
pany's future indicates
below.—V.
168,
50%
in
with
and
high
represented
Total
almost
1948,
business
all-time
added
(formerly
May
on
to
25,
because
act.
by
to
working
assets
in
$23,331,281
For
goods,
consumer
sales volume,
are
the com¬
June 29.—V.
p'. 2102.
169,
stock
V.
168,
that
announces
the
surplus.
and
Dec.
earnings were retained in
result, net worth reached an
a
this
the
week
amount
1948,
Current
before.—V.
is
$17,000,000
over
compared
$33,358,453,
were
liabilities
169,
ended
May
19,
L.
B.
The
Uniform
All
against
$16,346,071
were
"Based
the
Committee
Practice
Dealers,
been
input
System
and
Engine &
is
earnings
every
of
The
and
settled
be
re¬
1560.
Redemp¬
share and
dividends.
National
Immediate
Exchange
Bank,
%
..
payment
Milwaukee,
' ''
1007.
expect
to
results
improved
with
compared
1,
1949.
act
1948
tative
$181,575'
June
on
1,799,571
$13,952
$114,758
66,369
$27,922
$22,998
$181,127
1,549
45,410
Association
—V.
169, p.
in
Utilities Inc.
value $10, which
Middle
the
South
stocks of
Electric
169,
and Light
Power
shall be
Co.,
April 30,'49
($10)
the
Of
shares
the
facture
V.
in
169, p.
applic.
offered
proceeds
4.000
distribution
ana
issue
the
of
amount
of
Net
being
are
will
be
sold
behalf
on
for
used
leak-prcof pump.—V.
a
of
the
development,
169,
com¬
manu¬
Gas
Service
of
Power
Co.,
Inc.—Plans
Commission
miles
72
26,000,000
cutic
of
pipeline
feet
of
has
Gas
asked
been
on
1,968,580
2,131,891
9,966,689
7,971,997
3,223,824
14,914,897
11,266,940
Pipeline
in
northern
in
natural
per
gas
Ohio
for
day for
con¬
•Earns,
per
451,046
109,415
transportation
resale
to utility
communi¬
serving the area east of Cleveland, including the
Wickliffe,
Willoughby,
Grand
River,
Fairport,
Pqinesville,
Ashtabula.
The application was filed by Eugene H. Cole,
of Washington, D
G\, who plans to incorporate and operate the Erie
Gas Service Co., Inc.
Gas requirements of the line would be supplied
by Tennessee Gas Transmission Co., the application stales, through
periods
entitled
1,
May
on
1948,
2,798,079
3,114,409
14,463,851
viously
to
133,905
524,965
reported
connection
l'ne
with
the
latter
company's
proposed
of
the vicinity of Meadville, Pa.
FPC hearings involving Tennes¬
proposed Kentucky-Buffalo line are currently in. progres sin
Washington, D. C.
The proposed Ohio project, to be built at an
in
of
cost
$1,550,000.
2,667,829
$1.00
13,938,886
of
number
dividends.
10,359,955
$5.58
2,980.504
$1.26
$4.40
outstanding
shares
Figures
the
for
52
be
financed
through
sales
private
directors
company
proposing
1948.
Net
for April was $331,141, or 7 cents a share of common
capital and sinking funds, R. E. Woodruff, President,
income
before
announced.
In
the
$842,967,
27
cents
For
or
the
first
four
corresponding
a
month
share.
months
of
'
this
last
net
year,
income
was
Total
net
year
income
of
the
railroad
they
were
period
$50,404,271, a drop of 9.8%,
last year.—V. 169, p. 2209.
compared with the correspond¬
Pictures
announced
lation
on
Corp.
May
Director
Pictures
was
Films,
Paul
capacity.
22.
for
another
Foght,
Lester
elected
Mr.
Esquire,
Ellsworth
Corp.
Coronet
has
C.
Esquire
previously
Pctchaft
and
Seci'etary, respectively.—V.
Blinder,
Blinder
is
Vice-President
which
Dent,
division,
was
with
Moller
169,
p.
President,
recently
Director
associated
Don
each
poration,
of
was
Circu¬
and
acquired
having
whose
for
reorganization
flooding troubles since
early
is
offered
for
to
be
&
Tellier
Ideal
Co., New York,
shares of
1,000
of 30
cents
included
are
in
sale
commission
sold
tion
for
iron
Labrador
stock
share.
per
the
Peninsula
to
the
date.
shares
at
''A.%;cents
25
is named
;A
share
per
an
re-elected
executive
Treasurer
been
property
in
(U.
with a
iron
sold.
in
warrants
additional
and
stock
No
exploration
commenced
been
probable iron ore has been discovered
financing is to obtain funds to carry on
or
and testing of possible
inaccessibility of its
view to the discovery
of
the
remoteness
and
for
production stage,
it will require
investment
larger capital
a
would
George
of
this
has
W.
Tuttle
director
&
and
Tutcle
Ferro
&
has
Inc.;
Treasurer
Kift,
Enamels
of
Inc.,
been
and
(Canada 1
of Ferro Chemical Corp. and a director
Ltd., Oakville,^ Ont., Canada.—V. 169,
204.
1948.
;
One plan, outlined by Thayer Lindsley of New York, President of
Ventures, Ltd., and a director, of Eureka, would free the company of
capital indebtedness.
It would involve share'1 transactions with Ven¬
Florida Power Corp.—Dividend Rate Increased—
the
directors
common
compares
have
stock,
with
25
ordered
a
dividend
of
30
cents
share
per
on
3. This
quarter.
payable June 20 to holders of record June
cents
per
share
previously
paid
each
-
tures,
Ltd., and Northfield Mines, to both of which Eureka has
The capital of Eureka would be increased; :
'
indebtedness.
a
large
Calls 300 Preferred Shares—
"
.
The
$40
GM
on
Feb.
of
corporation
will
.s-;-'
/
General
salary
passenger
coincident
25
cost-of-living
redeem
and
pay
011
July
Mr.
lowered
-.
1,
1949,
at
Chemical
ap¬
during
Chevrolet
similar
a
eligible
to
down¬
GM
em¬
"
"
:
and
cars
with
allowance
adjust¬
Motors
employees
•
cost
of
certain
adjustment
wage
result
in
material
formula
decrease
a
$5
a
of
items."
revision
of
the
cost-
cent per hour for
reduction for 68,000
one
quarterly
1.
individual models will be announced by
Chevrolet,
Buick, Cadillac and GMC Truck & Coach Divisions
011
the
of
Mound
center
General
and
Motors
Twelve-Mile
C.
June,
and
is
E.
will
develop
the
product
explained,
GM
closer
the
and
Center
of
north
President,
the
operations
Technical
Roads
Wilson,
embrace
styling
to
Wilson
said
the
liaison
meet' toworrow's
between
units
of
research
the
ter,
,
J.
Davidson,
needs.
and
experi¬
organization.
,
no
,
way
responsibility for each division's
be
purely a research
finding and experimental development activity.
William
22.
research, engineering staff,
General Motors and provide an
divisional
would
begin
May
vast
of
production
of
350-
will
on
however, that this development will in
concept
center
the
on
Detroit
announced
engineering, inasmuch as the new center will have
responsibility for the output of manufacturing units.
product
Administrative
Engineer
of
and
direct
no
,
technical
fact¬
' \ „v
;
the Technical
Cen¬
revealed
that the construction timetable, extending over the next
will get under way with ground breaking for the engineer¬
ing group. This will consist of adminstration ahd drafting, shop and
dynamotor buildings, a total of 235,000 square feet of office and shop
three years,
space.
y
■.
V .V;'
'•'i; '
the
Research
Laboratories
Division
group—427,000
office, laboratory and shop space—consisting of metal¬
labobratory, mechanical and processing buildings. 1
Next
will
feet
square
lurgical,
be
of
Initial buildings in the engineering group, Mr. Davidson said, are ex¬
to be ready for occupancy by the early summer of 1950, fol¬
pected
lowed
immediately by the research group.
Technical
work
on
fluids
plans were announced
project was deferred because
corporation on
GM
to
\
Center
the
Plans New Service—
The
company
May
20
a
h
July 24. 1945,
of materials shortages.
\
'
1
announced
o
originaijy
program
under
which oil
stations may add the sale of automatic transmission
their lines of products.
Hitherto, sale of the fluid—used by
filling
automobiles
GM
having no-gear shift drives—has been confined almost
program
provides for
\
a
single fluid,
,
which is made from
a
petroleum base, to service Cadillac, Oldsmobile and Pontiac ny4romatie
and
Buick
dynaflow
drives.;
In
effect,
it turns the transmission
fluid business
over
to the petroleum companies under standards set
up
to
Dr.
v"
downward
a
paid
and
personnel, effective June
facilities
The
The
be
to
exclusively to GM dealerships..
cor¬
been
to
last
the
GM's
of
of
aim
change
Vice-President
Executive
appointed
Chicago, 111., a subsidiary.
He is also a
the parent firm, a director and Secretary
at
new
Its
but
Corp.—Official of Unit Promoted—
Wallace
Kift,
$10
in
the
ana
terms
site
The
Ferro Enamel
of
hourly-rate employees and
mental
also
(except
announcenient
,
middle
He
Quebec.
the
allowance
entirely new concept of industrial research to
for
normally be needed, in view of the anticipated higher costs
of operation and transportation.
p.
Nevada
the
••
E.
The
No
addition,
In
mining operations have
or
Because
bodies.
an
3.4%
according
•
1
processing
S.
company
northeastern
exploratory work
of
suggested
the
V-.'
underwriter.
the
as
shares
on
the
Such
company.
No proven
The purpose of the
ore
companies,
Elec¬
at
or
To Construct Technical Center—
incorporated in August,
preliminary investigation)
by
plans
$1,154,000
G'
<
-
of- General
savings
to
participating
eligible
announced
were
adjustment
acre
with the SEC
of capital stock
registration statement.
was
the
to
in
toiai
company's
General Motors, Mr. Wilson said.
The Frigidaire Division will make
separate price announcement on its products;
Registers
—
statement
1947, under the laws of
Quebec.
Its principal initial objective is the explora¬
ore
deposits on properties in the northern portion of
company
Province of
the
Vice-President,
in
of
is made by
the underwriter, the stock to be sold
"best efforts" basis for the issuer. Tellier is to receive
agency,
price
for
1560.
have
lead-zinc-gold-silver
registration
of 2,000,000
Ideal
Distribution
elected
were
it
Corp., Ltd.—Plans to Reorganize—
plans
Canada
Toronto,
a
with
cost-of-living
341,000
Pontiac, Oldsmobile,
will issue and deliver to
the underwriter- stock purchase warrants entitling the holder to pur¬
chase on or before Dec. 31, 1953, 250 shares of capital stock at the
of
Eureka
Seveial
filed
offering
6V4-cent-per-share
a
than
L.
the
Price reductions
commitment
an
reach
A.
Inc.,
Ltd.,
25
public
U.' S.
''
amounting
the
the
$28,226,000
">
3,700 employees
some
of
the
of
the
under
and
some
169, p. 2209.
="A:A%"\'.A " 7;
coincided
reductions
273,000
31.
properties, the exploration costs will be considerably higher than those
which obtain in more accessible regions;
and if the company should
Esquire, Inc.—New President of Unit—
Ideal
only
July
'-'V.
stock
The
operating revenues in April were $12,613,910, against $13,567,previous April, a decrease of 7%. For the four-month period
the
288
on
•.
was $1,903,604,
equal to 50 cents on common stock before capital and
sinking funds, compared with $3,329,01G, or $1.08 a share in the
corresponding period of 1948.
of
as
:
par)..
funds).
May 20 declared a dividend of 50 cents per share
capital stock, payable June 20 to holders of record May 31.
This compares with $1 paid on Dec.
20, 1948, and 50 cents on June 21,
Nov.
of
included
May
payroll
Bonds
Plan
total
4.8%
subscribing
deductions
Savings
Bonus
1941,
on May 23 announced a $10 to $40 reduct'on In the
its passenger cars and trucks, effective immediately.
-
of
Construction
the
firm
on
the
stock,
in
Under
SEC—
The
The
Erie RR.—Declares 50-Cent Dividend—
as
Mines
With
include
of-living allowance will
1947, and the
1, 1948, and accordingly the figures
from those dates.—V. 169, p. 1990.
acquired
was
Store
are
S.
U.
Stock
in
trie company's savings
lockton, Treasurer.',":.0:
corporation
action
payments
during the
weeks ended
a
($1
would
securities, the application says,
The
stores
Fenimore
Kentucky-Buffalo
annual
eligible salaried
those
of
and
about
company,
in
D.
Wilson, President, said price reductions on May 23 "again were
formulated with the objective of passing along to consumers the sav¬
ings resulting from both the downward adjustmeht of wage and salary
quarter then ended include the rsults as pre¬
stockholders without reflecting subsequent adjust¬
NOTE—Halliburton's
Milwaukee Eoston
see's
estimated
Lockton.—V.
C.
ments.
and
not
Mr.
ward
the
to
purchase
established
payroll
total
trucks
541,114
%
receive
to
this
of
•'"'"j."j 5 -'
r,V
m
participating
to John
hourly-rate
the months of June, July and August.
10,901,069
130,250
average
and
employees
companies
of
proximately
365,871
to
share,
com.
docs
rate
prices of all
of
Geneva
total
Price
sh. of parent co.
com.
a
in the comparable
higher than
deductions representing
Mr. Lockton said.
the
ment
co
applic.
*\
•;
Refrigerator Prices-*-
to
30%
over
Savings
Plan,
affiliated
The
stock:
income
the
t',r.
'if.
Corp.—Again Reduces Car and Truck
Prices, and Adjusts Cost of Living Allowance—.
19,238,937
24,881,586
int.
applic.
pfd.
in
-I',•"
V"'-V'V--'1
nccoi-ding
for the
Employees
Bond
ployees.:
authorize
to
companies
ties
5,355,715
84.575
of parent
shs.
Divs.
run
were
31,
■
income
minor,
to
•Calculated
Federal
struction
to
2102.
p.
North Ohio Area—
The
$
2,882,654
.
net
income
Net
Erie
4,851,234
subsidiaries
stated
was
2102.]
which
of
the
error
of
-
in, San
497.
p.
General Motors
income-
on
income
Portion
share.
per
typographical
a
shares
pany,
of
313,261,501
76,001,592 352,678,783
New
$19.25 were put into effect
its entire line of household refrigerators.
on
79,770
March
payroll
May 1, '48
$
$
82,154,057
-v
169,
% '*'•
payroll,
tric
Federal
income...
on
taxes
Net
in
10
sales
before
taxes
2208.
p.
retail
Income
ago.—V.
years
v.
date have
employment,
G-E
annual
52 Weeks Ended-—
April 30,'49
;
company
Subscriptions
The
to
to
of
as
Savings
Subs.)—Earns.
(&
May 1, '48
$
Net
Fed.
IDuc
total
This
Stores. Inc.
—13 Weeks Ended—
local
House,
addition to
annual
Department
few
a
ranging from TO.25
Approximately
1451.
Federated
of
Corp., Emlenton, Pa.—Stock Offered — F. H.
Crawford Co. on May 2 offered 10,000 shares of common
stock at par
this
in
year
-plans
$2.41
$2.05
appointed
Furness
at
period.
$159,34#* ""new
$135,717
$21,449*
by
are
the
its
$23,187
headquarters
Participation in Savings Plans—
13,004
share—..—
capital
per
reductions
17
1948
gross
income
with
changes announced earlier this year on three
refrigerators.
'
In
announcing the reductions, L. H. Miller, Manager of the G-E
refrigerator division, pointed out that the company's refrigerator'sales
^-
Net
Earnings
of
been
have
popular low-priced
$172,353
4,735
from
post as of
the company
company on the Pacific Coast with headquarters
he accepted the position of General Manager
organization
in
income
director
a
its
States
United
that
until
87,282
$1,914,329
as
Walsh
J.
General Electric Co.—Reduces
$85,071
9,046
—
the
■
$1,707,839
1,622,767
2,370
income
oper.
Nonoper. income (net)
13, on May 19 announced:
contracts
1949.—V.
3,
of
York
These
167,623
$187,858
Smurthwaite,
the
in
relinquished
has
remains
John
company
Francisco
1949—12 Mos.—1948
162,306
revenues
and taxes___
the
and
New
Co.—Earnings—
$25,552
Operating
Oper.
I
consultant.
as
and
1949—Month—1943
Henry
Representative
years,
he
Hcwcver,
that
announced
15
•;
'•
N. Y.
Mr. Burnett, in charge of admini tvation, has for some
years
held the position of assistant to the Re ident Director.
Mr.
Walsh, in charge cf operations, was for many years Senior Represen¬
current
both sales
in
last
Burnett
of
25
Active
and
the
'.
.
York,
May
Fall River Gas Works
Period End. Mar. 31—
exp.
for
-4,.''/'.
(England)—N. Y. Directors
Co., Ltd.
May
on
Director
Peyton
j
J.
company
Canada
will
this, of course,
have a
dividend consideration by the board.
In
short, the outlook for the corporation is good."—V. 169, p. 2102,
Emlen
and
will
redemption on June 30, next, out of
of its outstanding $2.20 preferred
Marine
and
V
■
,
May
present operations throughout the
reason
income
United Gas Corp. stock, par
against securities to be issued in exchange for any
preferred
'••
Resident
Good—
Airplane Corp.—Outlook
for 1949 as
bearing upon
w.ill
subsidiaries
of
National
the
of
Inc., District No.
executed
three
\
and
continuation
011
there
year,
Gross
value stock and
par
the
as
$22,650,000
shares
per
the
1113
pp.
for
1,043
$52
at
at
169,
annual
"when-distributed"
have
ing
called
Furness Withy &
2a4%
Richardson, President, in a letter to stockholders
May 23 said in part:
dated
2102.
p.
1C49
20-year
"
Securities
on
made
directors
Net
31,
cf
1480.
p.
Fairchild
capital."
at
1947.
year
As
of
$1,324 000
Delivery Ruilng—
1
be
Wis.—V.
R.
1948
corporation amounted to 85.543.000 kwh., an increase of 17,371,000 kwh., or 25.4%, over the corresponding week of last year.
p
of
has
moneys,
$50)
(par
will
'
lund
Price
this
a
See also V. 169, p.
company
..■.
on
reconvene
.
company
Deductions
of
which
of
1882.
p.
.
The
sinking
two-thirds
the
of
lack
the
of
deben¬
tures
have
been
purchased in the open market and retired and.
$500,000 of serial debentures were paid and cancelled under the terms
of the issue, after which there remained $15,000,000 of 23/4%
deben¬
tures and $1,500,000 of serial debentures outstanding on April 30.—
Electric Power & Light Corp.—Weekly Input—
at
$56,000,000
169,
.
its sales.
of
$700,000
$20,700,000
of
current
$6,469,387
of
at
1949.—V.
Froedtert Grain & Malting Co.. Inc.—Partial
tion—
Fairbanks, Morse & Co.—Reduces Debentures—-
""Financially, the company is in the strongest position it has ever
Although cash dividends on the common stock were increased
no
in
$39 per share.
2118.
p.
Corp.—Dissolution Delayed—
attained.
of
$3,200,000 from
to meet con¬
obtained
Y.)
(N.
C. Udd, President, on May 10 stated that holders of 95%
of the
company's outstanding stock had accepted an offer of Webb & Knapp,
Inc., New York, N. Y„ real estate operators, to purchase the stock at
meeting to vote on dissolution of this cor¬
known as Farnsworth Television & Radio Corp.,
meeting will
This
of
in
the
of
borrowings
Co.
'
stated
by
estimated
are
stockholders'
adjourned
was
compared
share
a
special
majority needed
$2,720,884.
totaling
income
stock
common
A
short-term
Trust
and
J.
F. A. R. Liquidating
Average annual
accomplished during 1947 is included in this figure.
?ff
pay
Bank
Ford Hotels Co., Inc.—Purchase Offer Effective—
169,
dividend requirements.
320,000,000
to
requirements
pr'or to sale of the new bonds.
The balance
will
be
used
for
properly additions and octlermcnts and for other,
corporate purposes.
Anticipated construction expenditures for 1949quired
the proxies
part
Hanover
struction
the
of
in
used
Central
of
Board.
Exchange Buffet, Inc.—Acquires Thompson Spa—
shares outstanding, and after preferred
tThe management estimates that approximately
aircraft production and submarine construction work
695,722
on
amended
of
220S.
$2,161,171
$3.11
$1,547,586
$1.98
$598,845
,
board
meeting held earlier 011 the same day was adjourned
following the entry on May 23 of a temporary restraining
Court of Chancery in Wilmington, Delaware.
21,
by
tabulation
had
p.
•Earns,
the
the
of
annual
June
order
A
of
spokesman
Canadian
and
income
to
1945
1946
1947
1948
sales
Net
The
(& Subs.)—Earnings—
.Calendar Years—
&
directors held in Chicago on
May 24, Martin L. Straus II was removed from the office of Chairman
of the Board by a vote of 11 to 2,
special
a
Chairman
Net
905.
p.
Florida Power & Light Co.—Registers With SEC—
19 took no action on the common dividend for
quarter, In 1948, the company paid 12 V» cents
169, p. 2102.
the
1C9, p. 2208.
the
169,
Co.—Again Passes Dividend—
May
on
5
(2313)
—V.
receiving end shipping
for receiving goods
from Rochester factories and for their redispatch to dealers.
Corp.,
&
Co., to study the flooding situation.—V. 169, P. 2102.
customers."
facilities
COMMERCIAL
'The
assure
the
fluid
will perform
Burnell Appointed
appointment ol'
satisfactorily.
Medical Consultant—
Dr. Max R.
Burnsll of Flint, Mich.,
as
Medical
6
1, was announced on
in charge of personnel.
Dr.
Burnell, Medical Director of the AG Spark Plug Division of
GM since 1S31. succeeds Dr. Clarence D. Selby, who is retiring after
14 years' service as GM's Medical Consultant,-—V. 169, p. 1990.
to
25
May
W.
by
Net
An
19,143,007
22,149,585
1,593,458
1,818,222
$481,588
$491,963
$6,104,488
2,599
243,360
$485,705
$494,562
$6,347,848
$5,585,404
126,647
107,534
1,527,819
1,024,689
$359,058
$387,028
preferred stock for the period
$4,820,029
The
31,431
$4,560,715
____
■■
Week Ended May 14
1949
1948
Period—
,
perating revenues
-V. 169, p. 2209.
Jan. 1 to May 14
1949
1948
Balance
-V.
Governors of the New York Curb Excnange on May 18
listing 767,500 shares of $1 par common stock.—V. 169,
The Eoavd cf
pproved
ior
of
par
proxy
ment
Inc.—McCormick a Director—
cormick &
ichard A.
Barit, President, told stockholders that the
continued during Apr.l with 14,496 cars
E.
A.
had
sales
34 "c
of
increase
an
April, 1948.
anniversary year,
Manufacturing Co.—Earnings, Etc
Gray
total
record high and with
company's assets now
of
Co.—Secondary Offer-
Pacifie Tea
Atlantic
Great
$107,771
(jointly)
Co.
and the successful group
submitted a price
&
Barney
Mr.
Bcrryman,
oreigi.
the
M'V Jones,
Vice-President in Charge of Marine Operations,
Manager of 'Gulf's Marine Department.
manufacturing,
department.
Manager of the manu¬
the new Vice-President In charge of
General Manager of the manufacturing
Sullivan,
Mr.
formerly
was
Mr.
Assistant
had been
department
Barnes
facturing
of
new
General
had. been
in Charge
Vice-President
Eastern
in
Facilities
Market
2103.
ennsylvania.—See Pure Oil Co. below.—V. 169, p.
Gulf Power Co.—-Earnings-
1949—12 Mos.—1948
-1948
1949—Month
Period End. Mar. 31--
$411,048
$492,747
$4,955,967
314,842
362,303
3,803,651
$5,493,761
4.094,050
$96,206
$130,444
$1,152,316
$1,399,711
deducts.
8,298
16,055
212,726
196,458
income
Divs. on preferred stk.,;
$87,908
$114,389
5,513
5,513
rosjs
per.
revenue
Income
Gross
nt.
and taxes
exps.
other
and
Net
;
$939,590:
$1,203,253
$873,434
$1,137,097
shares are held by North
Proceeds to Light & Power
would be applied to the prepayment of its outstanding bank Joan notes,
while the proceeds to North American would be added to its general
funds.
Light. & Power is now in the process of liquidation and dis¬
solution.
All its capital stock
held by persons other than North
American has been retired.
Upon its final liquidation its residual assets
Illinois slock to be sold, 72,785
American and 170,000 by Light & Power.
the.
June
on
charter
the
to
13
to
as
so
will consider authorizing an amend¬
deleto from the purposes for which
was
formed, the purpose of
the public.—V. 169, p. 1334.
corporation
supply of ice to
American
North
H. & B. American
company,
manufacture
of
William S. Sipprell
will
within
improve
vacation
receive
Machine Co.—Closes Plant—
pay
with
a
backlog
About
of orders.
1,000
1949—Month—1948
Gross
Interest
-V.
1,057,741
$38,431
$5,634
$66,041
2,057
21.485
35,212
$7,691
$87,526
$73,644
$9 659
321
15
2,260
666
$9,338
$7,676
$85,266
$72,977
charges
1.69,
$987,278
948,847
$1,123,782
895
income
1949—12 Mos.—1948
94,277
3,763
income
income—net
income
Net
^
organized April 28,
funds
and
rea surer.
re-elected
formerly
Assistant
Treasurer,
George
Vice-President.
Wichita,
of
Corp.
option
the
under
functions
its
to
Petroleum
Aladdin
contract
executed
certain
provide
exploration and
leaseholds on certain properties located in Stafford
County, Kan.; but all drilling and related operations in respect of said
of
will
be
carried
contract
by Aladdin.
on
requires
or
Aladdin in the leases covered by the contract, and to comply,
other requirements.
Therefore, unless the company sells
stock to realize minimum net proceeds of $55,000 from the
certain
with
sufficient
enable it to pay the expenses of the issue, esti¬
make the above-mentioned deposit of $35,000
1949, its rights under the Aladdin contract,
which presently constitute the company's only significant asset,
may
lapse or be terminated.
In the latter event, the company would devote
the available funds to the acquisition and development of other lease¬
holds
to
and to
$20,000,
at
before
or
on
the. issue,
of
sale
mated
July
directors
Director
E.
the
''orcl
Charles
strike,
annual
Months—
and
company
are
as
of the executive.officers
J. E. Carruthers^ Pres¬
names
follows:
General Manager Clyde H. O'Dell,
Elggren, Secretary-Treasurer
Allen
C.
meeting
on
President,
Getler,
May
19.
iggest customer.
Ford,
he
told
explained,
is
York
series
Vice-President
Director:
and
cents, n
to
$1.02
year
a
A
ago.
preferred
Lighting
&
Power Co.—Proposed
Financing
company,
shares
right to subscribe to additional shares of
basis „of one additional share of such
stock, at $40 per share, for each four shares held on the designated
record date and that the right to subscribe for debentures will be on
the. basis of $50 principal amount of debentures,
at the principal
amount thereof,
for each four shares of common stock held on the
designated record date, A registration statement covering the offering
will be filed shortly with
the SEC. The issue of debentures will be
underwritten by a group headed by Kidder, Peabody & Co.
It
is
common
expected that the
stock will be on
Proceeds
to
finance
from
the
N.
Y.,
has been
the
proposed offering
its construction.
will be
used by
the Company
the
of
Not
any
169, p.
1959.
(For
1991.
Stock-
stockholders'
company's
committee
has filed
an
application
off "at the earliest practicable
debentures.
also
asked
$5,000,000
than
the
of
company's liquidation plan are
held
The. SEC
of
.
hearings May
International
Bartholomew
SEC
to
order
the
with
date" the
A.
the
Gatineau stock should be .sold
the
tures.
Northwestern RR.
Would
—
asked the ICC for authority to abandon its
County. N. Y.
The section links James¬
application said the history of the line "is
16
Chautauqua
The
told
Commission
the
service
passenger
has
that
already
has
it
substituted
the line and that freight business
161, p. 2443.
on
Locks, Conn.—Regis¬
Aircraft Corp., Windsor
Kaman
corporation
The
SEC
filed a registration statement with the
offering of 170.456 shares of das-. \ non¬
24
May
the
proposing
public
voting common stock (10 cents per share noncuniulative dividend)
11,362 shares class B voting common stock.
underwriting is
No
receive
to
The
brokers
through
is
be
to
offered
and
by the
the stock to be offered directlv
involved,
50-cent-per-share
a
stock
The
them.
and dealers. Brokers and dealers
commission for each share sold by
$5.50 per share.
at
that- it "is now emerging from the development
phase" of its manufacture of the Hainan heli¬
company states
production
the
into
also
and
company
"by
copter
tentative
of the Model K-190 by the Civil
Subject to the success of the financing,
certification
Administration."
capital
"production
which
from
of
reason
Aeronautics
will
be
25 ships in
produce
plans to
the
obtained, the company has
year 1950."
Although some
in 1949 will be sold, the company has determined
a
policy of leasing its helicopters to operators, at least during
lirst year of production.
The Kaman helicopters are expected to
at a price of $25,000.
on
produced
ships
Proceeds
financing
the
of
to
are
applied
be
to
the
the
sell
acquis'tion of
tools and equipment to reduce excessive subcontracting
acquisition of land and buildings to permit expansion of pro¬
duction program; production of 30 ships and accessories and sufficient
machinery,
costs;
parts and accessories;
recommendations by
replacement
with
complete
engineering changes to
engineering which is
production
reduce manufacturing costs and permit expansion of pro¬
duction quantities; and setting up sales and service departments aiid
training of service personnel.
<■
expected
to
of the company and its principal
30.000 shares of the class B common stock
He now holds 29,37c of said shares. New
Enterprises, Inc., of Boston, holds 35,886 shares of class A common
stock and 18.252 shares of class B common stock for which
it paid
in
$138,075.
As President and General Manager, Kaman receives a
salary of $500 per month.
He also is Chairman of the beard of direc¬
tors.
He holds an option to purchase 15.000 shares of the class B
common stock at $5 per share.—V. 168, p. 251.
-
issued
received
has
for property.
him
to
President
Kaman,
H.
Charles.
promoter,
Earnings—
City Power & Light Co.
Kansas
Total
operating
revenues
$28,522,390 $26,540,525
-
9S0.804
Depreciation
Federal
Operating
89 205
79.340
2,292,593
2,071,756
143,292
$5,362,551
98,934
$6,015,791
$5,461,486
-.,
payable
tax
income
(net).
income
Other
income
Gross
1,543,349
~
1,337,029
.$4,472,441
deductions
income
Total
2,829.700
1.329,509
—$5,872,498
taxes.—
income
taxes
2,218.960
3,223,860
s
and miscellaneous Federal
income
State
—-—,
—
11,198,038
2,521.667
.
Maintenance
950.667
11,629,846
1,958,723
electricity purchased for resaleOperation
and
Gas
1948
1949
12 Months Ended March 31—
income
Net
1C9.
—V.
p.
:
$1,124,459
T
1991.
Privately—The company has placed privately through
Central Republic Co.
(Inc.), Chicago, $2,400,000 first
mortgage sinking fund bonds 3 74% series due 1969.
"in
presented in the current hearings.
24 on the second amended plan of a
Brickley, the trustee, has
on
account
finance company's construction pro*
been filed with the SEC for approval of the
with its subsidiary. Kansas Electric Power Co.,
to be The Kansas Power & Light Co.
is contemplated
that such merger will be consummated before
North American Co. -and North American Light & Power Co.
application
of the
merger
surviving
The
As
($5
has
company
company
themselves
their
of
incident to
an
the
holdings in
merger,
Kansas
Power.
the authorized capital of the
surviving
Kansas -Power,
will
be
changed from 4,000,000 shares
common stock and 200,000 shares of $100 par preferred to
shares ($8.50 par) common and 200,000 shares of $100 par
company,
par)
J;:/;
preferred.
share of the preferred (4l/a'f series)
will be exchanged 011 a share-for-shar.e
basis
for
the
outstanding 4'/a(&
series preferred stock of Kansas
Power.
The new preferred also is to be exchanged on
a share for
share basis for the outstanding 5%
series preferred stock ($100 par)
Under
of
the
Kansas
of
plan,
merger
surviving
the
one
company
Electric.
2,143,158
shares of the new $8.50 par common
of
are to be issued in exchange for the outstand¬
of Kansas Power $5 par common.
All shares of
common
stock of Kansas Electric held In the treasury of either of
the constituent companies 011 the date of merger shall be canceled.
the
ing
surviving
3,800,000
shares,
a
North
shares
American
heretofore
on
company
will
par)
Light &
1
filed
all
for
Stock (2.143,156
dissolution of North
American's plani
to be distributed
American) shares basis to holders of
of
the
Power
Kansas
liquidation
and
Co. according 1 to North
the Commission, such stock is
Power
with
(Kansas)
American's
own
following
$8.50
American
gold deben¬
provide funds to
Kansas Power & Light Co.—Proposed Merger—
An
North
submitted this plan which
will
gram.—-V. 169, p. 1562,
Hydro.
payment, from cash on hand, of $2,656,800
principal of International Hydro's 69c convertible
■.'■' •
■
■:
t
Immediate
for
3.530,000
prompet sale by
provides:
of
25, a proposal
the by-laws of the
directors was de¬
May
warrant continued operation.—V.
divest
event," the Committee told the SEC.
It added that the Commis¬
order for the sale should not wait until other phases of the
trustee
May
Westfield.
company
not
the
sion's
/
held
stockholders
of
ters With SEC—
certificates,
of
less
meeting
in
line
service
does
appointed New
sufficient Gatineau Power Co. common stock to realize
$15,000,000.
If the Commission decides against this amount, the
Committee still feels sufficient Gatineau stock should be sold to permit
refinancing the debentures on terms allowing the "prompt" resumption
of dividends on the preferred.
•
it was announced May 26 will offer soon to holders
stock the right to subscribe in the alternative to either
of common stock or convertible debentures, con¬
vertible after Jan. 1, 1950, into common stock.
The
York,
Agent
Quick Debenture Payment—
committee
company
of its common
additional
New
the SEC to have company pay
balance
Corp.—Cumula¬
& Telegraph
repeated failures,"' marked by a series of foreclosures.
It
an accrued deficit as of last June of more than S600.030.
of
one
It
This
Houston
Co.,
169, p. 206) .—V.
hoi dors Seek
share on the common stock, compared with
Capital expenditures this year for plant im¬
provement and expansion, he said, will probably approximate
the
$1,913,585 spent last year.
See also V. 169, p. 2103.
equal
were
42
Trust
International Hydro-Electric System—Preferred
Mr. Getler reported,
stock¬
to
1949
1,
June
Proposal Defeated—
company
and
Proceeds
paying agent for $1,870,000 of 2VzVr equipment trust
BB, dated Jan.
15. 1949, due seria'lv to Jan. 15,
offering, see V.
.
Earnings for the four months ended on April 30,
-
at their
the company's
stockholders
The
town
Director.
Director; Weyland U. Ewing,
Wiley,
Bankers
The
quarter earnings will be affected adversely by the strike
automobile
industry
this
spring,
and particularly
by the
payable
1949. This is at the same rate as paid on
year.—V. 169, p. 206.
Kansas-Nebraska National Gas Co., Inc.—Bonds Placed
AND CONTROL,—The
the
of
Director;
and
Claude
is
25
17,
last,
Jamestown, Westfieic! &
therein.
interests
or
cents
the com¬
said.
22,
as
$1.02 per Share in First Four
Second
before
July 22, 1949, $35,000 in order to receive an assignment of one-half
of the working interests
(subject to overriding and royalty interests!
owned by
total stock interest in
a
Maier
Abandon Line—
State, local
the comany to deposit in escrow, on
International-Great Northern RR.—N. Y. Paying
'n
by
the company's
Generally,
Kan.
functions under said contract will be to
to participate with Aladdin in the results of
development
ident,
has been elected
C. Phelps, former Vice-President and Treasurer, was
Oakes,
R.
Nevada corporation,
company
MANAGEMENT
Houdaille-IIershey Corp.—New Treasurer—
a
1949.
intends to engage, directly or in joint account with
others, in exporing for oil, drilling oil wells, producing oil and acquiring
and disposing of interests and rights in oil properties.
It is presently
Intended that the company's business, in the first instance, will relate
and
Theodore
Exchange Place, Jersey
BUSINESS—Company,
AND
ORGANIZATION
1226.
p.
Utah—Stock Offered
May 25 offered 600,-
(par 25 cents) at 50 cents per
offered as a speculation*
Transfer-agent, Registrar & Transfer Co., 15
N. J.
'
The
$99,911
$99,615
90,851
revenues.-.—
perating exps. & taxes
oper.
These securities are
principal
Jr., President, said he expects market conditions
"three to four months." Company workers-will
ior the first two weeks of June.—V. 168, p. 1799.
period End. Mar. 31—
Net
Co., Salt Lake City,
Oil
primarily
of
has
now
Mr.
May
19.
Nov.
annual
the
At
conform
City,
was
Haverhill Gas Light Co.—Earnings-
Non-oper.
1780.
—Weber-Millican Co., New York,
leases
'perating
be necessary
may
Exchange.
as
ding.—V. 169, p.
and
it was announced on May 22, was scheduled to close
R. I., plant on May 27 until "early July" because,
Pfivi tucket,
production has caught up
employees were affected.
its
Illinois
to make such purchases of the
Stock Exchange during the day fixed
proposes
York
New
bids
of
record
J.)
,
presented by a stockholder for an amendment cf
corporation to provide for cumulative voting for
feated.—V. 169, p. 2210.
are
for the
to stabilize the price of the
stock
on
the
Any shares so acquired will be resold on
the Exchange after consummation of the sale of the 242,785 shares.
The sale
will accomplish complete divestment by North American
and Light & Power of their interests in Illinois.
As to North American,
the sale will effect' compliance with an SEC order of April 14, 1942,,directir.g divestment of its interest in I'linois: and as to Light &
Power, the sale will be
a seep in compliance with an SEC order of
Dec. 30, 1941, directing its liquidation and dissolution
The
SEC has given
interested persons until June 7 to request a
hearing upon the proposed sale of 242,785 shares of the common stock
(no pari
of Illinois Power by The North American and North Amer¬
ican Light & Power Co.
The stock is to be sold at competitive bid¬
the
on
The
The
North American.
acquired by
be
stock
•
stockholders
The
and
the
share.
Co.—Meeting June 13—
of
June
bus
shares
SEC.
will
(N.
821'k
distribution
cash
holders
1
Co.
about
of
The
Co.—Shares to Be Sold—
000 shares of common stock
Gulf States Utilities
ment
week before last.
66,156
66,156
1779.
p.
Association
(12.6771 ) of the outstanding common
stock
(no oar)
of the company by North American Light & Power
Co; and The North American Co., has been proposed in a filing with
the
Oil
Standard
pany
incurred
242,785
of
sale
Inland
169,
$108,876
$82,394
L—
Balance
-V.
$473,009.
2103.
p.
opening
Additional
Purchases
General
1948,
32.5-mile
to involve, some
approved the sale by a 387 to 46 vote the
169,
Of
General Manager of Foreign
who is also Assistant
has been Assistant to the
Marketing.
Berryman,
larketing,
reported
was
Illinois Power
Sullivan have
has been ap¬
Willard F. Jones and Thomas J.
aeen
elected Vice-Presidents end Bcnnar H. Barnes
pointed General Manager of Refineries.
A.
and in Fayette County. Idaho.
Oregon
members
—-V.
Ore.,
transaction
The
Three Vice-Presidents—
Gulf Oil Corp.—Elects
\V.
Vaie,
eastern
Ripley
Co. and Harriman
share—V. 169, p. 1114.
share. Smith,
bid $107.02 per
per
has purchased the Malheur Cooperative Electric Asso¬
the properties of which include about 400 miles
serving 640
customers in Malheur and Baker counties in
company
line
cf
according to the best estimate at present, L. P. Maier,
asserted.
However, he added that exchange rates and con¬
trols in Peru and Columbia make it difficult to forecast earnings.
of
Co.—Acquisition—
Idaho Power
This
ciation,
The
bids
invited
sellers
The
[
The issue was
$109.6681 per share.
(no par) at
versubscribed..
took
of the
Mr. Hood is also Treasurer
and will continue to hold that office.—V. 169, p. 804.
company
below the average
the first half of 1949 are about 18'/<
Earnings in
rate
tive Voting
succeeding C. D. Sterling
resigned because of ill-health.
who
ng—Blyth & Co., Inc., Lee Higginson Corp. and Carl
L Loeb, Rhoades & Co. on May 19 offered as a second¬
ly
distribution 18,000 shares of non-voting common
Secretary,
currency
on
President,
International Telephone
Secretary—
elected
been
has
Hood
Andrew
against
of March 31, 1949, were $1,335,832,
$305,167.—V. 166, p. 2103.
assets 'tis
current
•urrent liabilities
added.
than $100,000,000, he
more
Hood Also to Serve as
$84,465
estimated provision for taxes
perathig profit aitov
The
—-
problems in Peru
and Colombia may affect dividends of this company, O. A. Matthews,
director for finance told stockholders at the annual meeting held on
May 20.
'
! W
"The degree of success attained will of necessity have a major bear¬
ing on the availability of dollars for the future maintenance of the
present dividend rate," he said.
A
Barit s^id, finds it in
Mr.
strongest position, with working capital at a
its current model ah outstanding success.
The
MONTHS ENDED MARCH 31. 1949
EARNINGS FOR 3
spring upswing in
delivered at retail,
over
40th
company's
The
its
Outlook
Ltd.—Dividend
Co.,
negotiations
authorized.
be
to
of Kebbon, Mc¬
his late partner,
McCormick, partner in the investment firm
Co., has been elected a director to succeed
Kebbon.—V. 167, p. 2578.
Dean
Petroleum
continuing
of
,
20
value.
statement for the meeting had stated that the manage¬
has no present intention cf issuing any of the additional stock
$12.50
shares of the
payment phase
tbslplaa.
International
Co.—Capitalization Increased—
May
on
and a $10,000,000 loan.
exchange of outstanding preferred and class A
for a single class of trustee certificates.
SEC has completed hearings on the immediate
Results
1561.
p.
stockholders
The
Glass Fibres,
389,588
$4,171,127
approved a proposal to change and
increase the authorized common stock from 2,000,000 shares,
without
par value (with a stated value of $12.50 per share) to 3,000,000 shares,
1220.
D.
—
169,
The
Mich—Listing—
.389,588
$4,430,441
to
Hudson Motor Car
Gerjfcy-Michigan Corp., Adrian,
).
applic.
$948,320
$1,021,582
$55,410
$44,753
.
a;
deductions
income
Net
Divs.
RR.—Operating Revenues—
Georgia & Florida
income
Gross
common
.—The preferred committee, headed by Shelby Carter and Ralph H.
J Haas and representing 32,400 shares of the company's preferred, wants
the provisions of the retirement part separated from the rest of the
plan.
This committee believes each of the parts should be decided by
the Cpmml.ss.on separately.—V. 169, p. 2210.
General Public Utilities
Income
Power
company
$5,553,973
4,117
revenue—
oper.
income—net
Other
$2,085,421 $28,254,073 $24,696,980
$2,299,810
revenues—electric
Opcr
Oper, exp. and taxes
principal amount of these
$5,000,00(3 of proceeds
$15,940,800
remaining
the
of Gatineau
sale
the
from
of
through additional cash on hand, the
debentures
1949—12 Mos—1948
1949—Month—1948
Period End. Mar. 31—
Anderson, Vice-President
Corp.—Weekly Output—
The electric output of this corporation for the week ended May 20,
1949'amounted to 111,124,138 kwh., a decrease of 2,654,517 kwh., or
2.3'afrom" the corresponding week of last year.—V. 169, p. 2209.
'•■i.
Ret'rement
ACCOUNT
INCOME
COMPARATIVE
July
effective
Motors,
General
H.
Consultant
Monday, May 30, 1949
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2314)
.
4
(North
common
stock—V.
169,
PP-
1991, 2210.
Volume
THE
Number 4807
169
Division' of
Securities
State
the
Ohio
of
May
refused
25
proposed $5,000,000 stock issue of this oompany.
Cornell, Securities Chief, said the share price of
a
do
the
with
merits
probable success
•*'
demerits
or
of
Keller
the
automobile
failure of the enterprise."—V. 169, p.
"...A" '.-i/v ••••»;,'•
or
'tXil'y-./■•"
The
The
will
corporation
month.
every
will
It
14.
•
It
schedule
The
will
affect
pit
open
Mills
will
tion's
close
Utah
to
in
the
Arizona
and
adopted
(New York ■' Sun.")—V.
the
167, p.
Oil
Jack
Texas
.
curtailment
:
after
expenses,
The money
wells, The
Diamond M
to
Wilson
McLaughlin
No.
Lithium Corp. of America—Stock
issue
pro¬
1045.
Manila
100,000
$3
Associated.
cash
cash
Under
a portion of the unsubscribed stock of an issue
initially offered lor subscription by stockholders
169, P. 2105.
Oper,
1949—3 Mos.—1948
taxes—
income——
$1,127,424
and
exps.
open
oper.
Other
income
Int.
and
Net
—V.
other
the
At
$3,645,101
14,685
deducts—
income
13,889
91,594
$3,992,784
$3,689,088
872,816
are:
43,986
$971,779
1,300,284
210,226
$761,553
$897,023..,
—
169. \P«
$3,901,191
$1,142,109
245,086
( net)
income
Gross
$957,890
annual
who
President
Dunn
$2,388,804
1979.—V.
1,
169,
of
and
E.
Administration),
and
pump
Chairman
(Vice-President
in
Charge
May
3,
were
elected.
the
di¬
11
the
.Robert
E.
Duiin
S.
Board
Engineer),
Carl
(President,
Byron
California,
Kings County Lighting Co.—Earnings—
plated,
(Including Subsidiary Company)
1949—12 Mos.—1948
view
we
and
with
whether the
consider
it
$1,436,608
1,278,666
revenues
Operating
deducts.
rev.
$1,359,268
1,283,782
$4,863,785
4,552,705
$4,201,372
to such
Associated
4,106,104
Pacific
$157,942
income
$75,486
$311,080
$95,268
1,588
Operating income
Nonoper.
3,264
10,949
8,436
(net).
woind
of
income
Gross
$322,029
$103,704
39,545
38,295
155,355
155,534
$40,455
$166,674
*$51,830
7
inc.
gross
$78,750
$119,985
Deducts, from
$159,530
Finance,
business
162,
Pacific
H.
facilities
"Loss.—V.
169,
Foreman
Lackawanna
&
Valley
Wyoming
RR.—Creditors
in
position
a
matter
a
which
neither
we
point
do
that
is
the
of
Finance
excellent
an
corporation
stock
been
staff
named
from
this
of
dividend
in
the
of
middle
ground."—V.
31
available to
to
expand
its
beyond
go
capital and
of
management
current
that
point
extension
broad
a
Pacific
M.
All
petition
5'?
first
filed J»y> the-bondholders'
was
goid
mortgage
bonds
of
the
protective
committee
through
company
Pacific
Finance
is
ideal.
With
(1)
Its
the
26
announced
the
as
result
169,
has
Bunn, Jr..
The
Chairman, Philadelphia, ai\d Paul Simon, New York.
recently i ejected a plan to extend the maturity date of
mortgage bonds from Aug. 1, 1951, to Aug. 1, 1996.—V. .168,
and
-
.
1363.'
p.
(2)
Lake
distribution
revenues
and
exps.
1949—3 Mos.—1948
$1,142,503
_
$973,397i
$4,284,201
fill
2,904 026
$191,019
income
$127,874
8,518
incomes-
oper.
Gross
8,867
(net)-*
income
$618,473
'
been
$754,177
33,350
$136,741
$651,823
experience
candy
and lood
169,
67.678
242,041
279,588
$134,650
$69,063
Lehigh
RR.—Bondholder
Program
bondholders'
the
Approved
The
the
of
prior
Bankers
that
to
pertaining
output
in
suit,
since
which
by
Under
according to the ICC.
Tiie
amendment,. permitting
York
the
the
was
passed
The
assent
of
75%
by the 80th
debt
this
kwh.,
suit
the
under
the
so-called
-
the
since
April
10,
stock.—V.
Pennsylvania &
Mrs.
other
law
in
Act,
the
of
Lehigh
of
named
was
which
Mrs.
voluntary
the
of
holders
of
recapitalization
each
of
that it
had
received
7517
M.
McCormack,
a
demanded
judgment
similarly situated
defendant
for
"on
the
behalf
of
of
sum
herself
the
$1,000
consolidated
a
and
plan
scheduled
were
to
June
to
be
1,
to
Dec.
suit
1,
the
to
mature
April
maintains
1888,
Lehigh
payment"
Canal
With
1950.
extended
The
tual
the
167,
of
April
•
seek
benefits
Counsel
there
V.
for
was
169,
no
the
whole
guaranteed
and
terms
'
holders
issue,
such
may
these
lease
entered
bonds
of
of
a
Penn-Canal
on
it and
,
"punc¬
line
it
was
entirely
the
suit,
without
announced
notes maturing
May
1,
a
1969,
said
May 25.
A
Link-Belt
stock,
Co.—Stock
company
previously
employees of the
announced
held
in
company
change by the board
to
plans
the
Be
to
Offered
offer
Co.,
shares
treasury,
of directors.
a
of
a
with
First
in
to
officers
and
difference
the
its
B.
accounts
sell,
receivable,
Higgins,
Josephson,
the
to
a
share par annum.
per
the
by proxy it
Irving Trust
favorable
will
be
Co.,
One
vote
of
the
necessary
Wall
holders
of
at
least
a
must
proxy
;7'7
.7-7.".
reach
.7;:
,v-
,
•
Irving Trust Co. -not
1949.
intend
to- propose
a distribution to the participating
shareholders of the company later in the
was
of
one
settlement plan
a
from
company
the
with
oil
firms
15
annual
The
the
in
whose
properties
were
cx-
1938.
the Mexican
Government, the
oompany
instalment;
first
of
such
of
$8,689,257 each
payments was received
Mexican
Government
:".1.
■'7'
Sept.
18,
1948.—V.
1313.
p.
with
producer
the
for
long-term
San
•
V.
.•
Jefferson
20
over
\
Lake
Sulphur
This
years.
arrangement
President;
the
other
1;•
v.
between
Co.,
action
the
two
the
of
the
company
the
As
of
.
and
business
will
Arthur
be
169,
p.
following
the
Marvin
McCall
Patterns,
meeting
who
of
corporation
the
the
company
Cristobal
"We
for
Director
of
years
ago;
John
E.
Smith,
production,
of
of
The
"McCall's
new
•
live
and
on
executive
top
tv/o
May
management
of
this
Magazine,"
publications.
Uniform
"All
25,
p.
be
1453.
its
shall
on
be
it
a
stated.—V.
was
circulation
169,
p.
of
1,969,000
Inc.,
May
Committee
District
No.
contracts
27.
regular
in
1949.
way,
the
of
the
All
unless
National
announced
13,
above
otherwise
of
on
after
169,
and
informed
Cristobal
officials
have
also
determining
plant which it would
a
Gulf
proposes
permit,
7
to
so
undertaken
be
continue
that
the
at
its
the
drilling
matter
earliest
of
dato
"In. line
with this program yopr
drill an additional well on the San
that
the
agreements covering the concessions
domes, which are across the river and adjacent
should be signed by the proper Mexican
in the very near future.
Dome,
advised
been
that
vessel,
your
the
PAN
work
AM.
company
being
of
carried
the
24%
owns
Pan
of
on
by
American
the
stock-
approximately
745.
p.
.
Michigan
Consolidated
Gas
Co.—To
Sell
$25,000,000
Bonds—
The
company
issue and sell
i to
1967.
will
The
made
has
determine
the
application
$25,000,000
debentures
of
interest
to
sinking
the
SEC
for
authorizatton
fund
debentures, due July 1,
bidding, which
rate, offering price and underwriting terms.
would
be
sold
at
competitive
Proceeds
of the financing would be used for the payment of $3,500,promissory notes, to the payment of the redemption price of
40,000 shares of its outstanding 4%% cumulative preferred stock, for
the payment of principal (and prepayment premium) on some $7,000,cf
000
of
promissory
Co.,
—The
and
notes
the
of
for construction
company
mortgage Zlk%
due Jan.
May
specified.—V.
on
to
of
purpose
issuer's
subsidiary,
expenditures.—V.
Austin Field Pipe
169,
p.
2211.
Michigan Gas & Electric Co.—Bonds Placed Privately
Association
May 23:
mentioned securities
contracts
•
Line
2105.
can
adivsed.
of
additional
San
are
000
publisher.
Electric Co.—Delivery Ruling—
Practice
Dealers.
settled
"Redbook"'" has
3,892,000,
when-distributed
1949,
becomes
publishers have been with the coiporation 26 and 22 years,
and
will
assume
full responsibility
for the
operations
"McCall's,"
Securities
also
Dome
proceeding
size
property."
very satisfactorily, and the results obtained since our
in the opinion of the officers of Pan American Exploration
as
good as the preceding six months when
several of the major oil companies advanced
the company approxi¬
mately $1,000,000 for a certain interest in the discoveries."—V. 168,
Ad¬
corporation
sulphur
progressing
Co.,
to
Marvin
by
19
the
of
last report,
25
who has been with the corporation 25
W'estland, Manager of commercial printing divi¬
who -joined the corporation 1 n 19?0. ]
and
and
mining
Dome.
two
the
the
two-fold
the
the
conditions
as
Norton
now
the
and
on
Mexican
of
geophyaically equipped
Exploration Co.—in which
is
corporation
President who, prior
Gulf
thereon
the
Jr.,
serve
the
an-
McCall's,
and Clayton C.
and
30
from
Mr.
is
are
the
"We
the
can
occurrences
rapidly
as
government
board.
with
which
management
possible,"
in
a practicing lawyer
Advertising Director of Rodbook, who has
12 jears; Lowell Shumway. Circulation Di¬
corporation
wells
sulphur
production
1453.
President,
to
Mexican
of
initially to install
proper
"The
Boyle, Sales and Promotion
been
has
Pierce,
Mexican
of
sulphur
conducive
Walet,
additional
now
used
for
Norton
<•
Eugene
be
directors
the
as
Mr.
Gulf's properties by Jefferson
President of the latter company,
stated in a letter dated May 2, 1949:
"It is our opinion, bused qnt
the findings your company (Mexican
Gulf) has made through explor¬
ation
to
date,
that
you
should continue your program by drilling
Leonard
stock
operator
foundation
companies,
opinion
of
presence
formation
confirmation
Sulphur Co.,
additional
the
in the
which,
the
proven
caprock
further
Lake
activities, directors of this corporation
Vice-Presidents,
of
operations
sale
successful
a
lays the
therefrom."
outstanding.
from
Salt Dome
have
existence
Initially proceed with the operation of its busito have available the usm of $5,000. All
company
Cristobal
Jefferson
make
$10) authorized, of
shares now offered
(par
all
If
shares
development
new
24
May
the
respectively,
key
tha. sale
annum
v-/7 •=':/7;i- .7'
The new agreement sets forth, among
things, the fact that "Mexi¬
can Gulf
Sulphur Co., has conducted explorations for sulphur on said
Secretary.
shares
common
expanding
seven
announced
shall
between
vote
with
ordinary
company
the
and
other personal property. The
which, is generally referrd to as
type
working capital, of
for
who joined
The
share, but the price is subject
The
13,
and
agreement
Guardian
buy,
Henry Winston, Vice-President;
147,765
MacLean Hoggson,
with
editor
of
common,
per
Cristobal
New
Pierce, President, "in view
of expanding activities."
Phillips Wyman, Vice-President and director,
becomes publisher of the "Redbook" and Otis L. Wiese, director and
Employees—
11,196
to certain
and .its subsidiaries. '
deal
outstanding.
the
Madison Gas &
The initial offering price will be $55
to
of
Sidney
by
realignment
was
was
a
of
vertising
loan of
The notes will have the benefit of
sinking fund.—V. 169, p. 1669.
The
on
Ohio;
rector,
merit.—
it
8%
centavos
of
participating prefer¬
of
Eugene L. Norton, President,,, cn May 26 announced- that continued
exploration
work
and
further
development of
the
company's
San
Salt Dome has
resulted in negotiation of a more definitive
The
—
Edward M. Brown, Assistant to the
joining the staff of McCall's magazine in 1947, was
Co. and Provident Mutual Life Insurance Co. of
3%
connected
are
years;
Libby, McNeil & Libby—Notes Placed Privately—The
has completed arrangements with a group of
life insurance companies, including New York Life In¬
Philadelphia, through Glore, Forgan & Co. for
'''
'«
'
to
law
1
necessary
be
with
elected
been
oppose
Mexican
capital
shares
their
receive
payment in
United-States currency.
155,
was
The new Vic-Presidents include Walter J.
company
on
be
shall
nounced
in
to
'
-r
i
exchange.
to
by
>
be
received
Manager
intends
that
the
on
dividend
propriated by the Mexican Government
in
McCall Corp.—Seven New Vice-Presidents—
sion
$10,000,000
be
presently
will
manner
In
are
into
bonds
.
"
1
<l
year.
Under
Corporation
from time to time deem in its best interests.—V.
years,
surance
are
will
proceeds
2105.
p.
States
DIRECTORS—Arthur E.
AND
there
it
ness
.
Act.
which
company,
for
-
(par 100) at $2 per share.
otherwise
PURPOSE—In older to
mortgage
plan,
32
up
shareholders
directors-
This
merchandise and
to
.
265
sold
are
interest.
under the Mahaffie
the
and
CAPITALIZATION—500,000
have
under
principal
ground
coun¬
May 19 offered 147,-
on
United
directors
Baum, Chairman of Board;
which
In an accompanying statement, counsel for
Mrs. McCormack, said
Lehigh and its subsidiaries were among the first of the major railroads
to
The
to
of
common
(•■
dividend
169, p. 2210.
corporation is intended to be
Baunv Vice-President;
1969.
1,
is
OFFICERS
H.
amounting to $8,268,000, which
1949, have already been extended
l,
par
1696.
p.
v
'.77 777"
present
bonds,
approval
that
against
factoring.
bond.
Under
stock
agent,
and
the
expected
offered
Penn-Canal
$5
company by tramferririg
approximately the amount, of that reserve as at;
making any necessary adjustment having. regard-
after
June
preference
corporations in which First Guardian is interested.
or
of
machinery,
•
$8,268,000."
guarantor of
as
holds
officers
Corp.
receivables,
bondholder
a
of
paid
authority to appoint
than
has
government
Stock Offered
—
Corp.
BUSINESS—Corporation
business
advances
each
of
the
1948,
the participating preference and
ordinary shares of the
is, required in order that the necessary resolutions • may be
was
organized by the principal
controlling stockholders of First Guardian Securities Corp.
its
Securities
affected,
security
decrease of 10.3%.—V.
a
transfer
business
by Mrs. Frances
McCormack
all
The
the
&
and
and
of
summer
New
McCormack
The
later
2927.
p.
'
both
carried.
directors
a
officers
the
is
York Canal & RR., one of Lehigh's sub¬
charges
Penn-Canal
with
failure
to
pay
the principal of the bonds on the April 1,
1949, due
bondholders
various
L.
a
non-cumulative
the
Mexican
of
7company
week ended May 21, 1949
34,830,000 kwh. for the cor¬
compared with
common
and
HISTORY
.
complaint
McCormack
date.
all
The
in
164,
B.
S.
preference and ordinary shares of
nominal value of 4 Mexicou pesos
having
preferential
a
dividend
deposit
Under
father, Maurice L.
Assistant
Secretary
and
labor relations
to
50%
his
as
and
_
said.
constitutionality of
Commerce
became
Registrar
Congress.
brought
was
sidiaries.
Mrs.
•.
York.
probably July 1.
of
of
retailing
board of
Sales
been
for
Street,
New York 15, N. Y. for a short
period covering the date of the meeting
and to authorize the appointment of a
proxy in respoct thereof.
j.v
the
for
company
as
Court
class of its securities affected by the readjustment plan and the com¬
pany is expected to submit supplemental bond mortgage Indentures
to the ICC, which will be asked to set tin effective date for the
plan,
The
office
has
value.
par
reserve
of
enable
them
(Ky.)—Wfeekly Output—
Lowell Adams Factors Corp.
readjust¬
'
Interstate
announced May 11
company
the
to
of
negotiation;.—V.
First Guardian Securities
1947,
with
death
Corp.
associated
been
labor
the
1948,
late
To
who
V
de¬
E.
of
Mexican Gulf Sulphur Co.—New
Working Agreement
Law—
Supreme
road's
ICC
determine
may
the
to
amendment
the
New
challenges
approved
amendment
filed
elected
was
the
Securities
having
to
of
30,981,000
,
500 shares of
suit
"
bondholders'
suit
railroad
the
to
Chemical
V-
participating
no
from
general
3i,
the
Is
Subsidiary Road
ICC
by
filed
been
The
Act.
Mahaffie
first
has
recently
program
Mahaffie
suit
company.
by
caused
with
associated
totaled
'
•
.
Valley
Challenges
ment
brings
1941,
irr thee manufacturing,
products.
Louisville Gas & Electric Co.
Mahaffie Act Faces Test—
A
Frederick,
Biasband,
who has
been
Treasurer, was elected Treasurer,
Bertram R. Crane
Secretary and Assistant Treasurer.
Mr. Crane
Electric
$518,387
$409,782
907.
p.
Vice-President,
vacancy
responding week last year,
against
Mr.
$797,975
64 887
income—
Net
wide
.
deceased.
since
Assistant
sellor,
33,798
$199,537
—
and other deducts.-
—V.
recently
Alfred
Assistant
agencies
Int.
of
Wurzel.
the
Wurzel.
$3,688,203
3,665,728
845,523
951,485
taxes—
Leonard
to
1949—12 Mos.—1948
elected
Other
Wurzal,
Vice-President
the
of
increasing
from
to
Irving D. Rossheim succeeds Mr. Frederick; as" Executive Vice-Presi¬
Mr. Rossheim,' who had been Vice-President and
Secretary and
Acting Treasurer, has been affiliated with the corporation since 1941.
Superior District Power Co.—Earnings—
Operating
Net
L.
Maurice
Executive
sales
Drummond
"
Changing
shares
Dec.
of
dent.
Period End. Mar. 31—
Oper.
been
President.21. years; of
,
ICC
first
the
succeed
to
F.
W.
Industrial
.
capital
from shares
shares
non-cumulative
Greenfield, Chairman of the board'
D.
Vice-President, Director of Agricultural Chem¬
dealings
Corp,
Altering
to
ence
1562.
p.
changes in its
the
retirement
of
Sales.
company
company
each
Loft Candy Corp.,
May 25 announced the election of George R. Frederick as President
on
for
John
hearing before
a
extraordinary general meeting of the shareholders of the com¬
will be held ip Mexico City or. June 17, 1949, for the
purpose"of:
pany
•
The
the
payments
tion—-vy;-7 \y?;'
Finance
Loft Candy Corp.—Elects New President, Etc.—
Albert
request,
to
I
Reorganization—
Reorganization of road was asked in Federal Court at Scrap ton,
May 13. The road is better known locally as the Laurel Line.
It
operate.; between Scranton and Wilkes-Barre, 18 miles south.
interest
of
an
amount-
an
Mexican Eagle Oil Co., Ltd. (Compamia Mexicana de
Petroleo "El Aguila," S. A.)—Plans
Change in Capitaliza¬
(3)
Pa.,
and
cf
Exchange
Transmission
it
economic
Ask
it,
was
removed
from listing at
the New York
opening on May 25.
This company has merged with
Kentucky Natural Gas Corp. and with and into Texas Gas Trans¬
mission
Corp.
Under
the
terms
of
the
merger
agreement,
each
Memphis common share is exchangeable for 1V« shares of Texas Gas
Curb
and
one
May
on
executive
.
it, we have no
resources
somewhat
to
economics,
nor
size
to
Memphis Natural Gas Co.—Removed From Listing—
of from $100 to $115 million,
profitably.
To add another 20 or 30 million in outstandings
would require a disportionate increase in
staff, facilities and overhead.
If it were to expand, it must expand
considerably because there is no
and
ndw
the
contemplated.
May
has
in
Clark,
&
present capital it can handle outstandings
7.
p.
is
As
obtain,
hanks.
571.
p.
Vice-President, Director of
Vice-President, Director of
(Vice-President
question regarding the
a
With the present
considerable increase
a
'
to
pay
any
dividends
advances to Manila
contribution
are
until
$7,260
a
payable
may
not
may
Such
payment,
have
169, p. 1885.
777" : \7 :77 '
■
Corporation consider advisable at this time.
"The
income
Net
it
volume.
require
new
now
;■'
notes
forthwith
capital
a
Kevins
to Pacific Finance Corp. of
of addit.onal lunds is contem¬
investment
present intention of doing so.
the
common
make
would
7;-7''
of
Associated
Manila
contributions
or
ical Sales.—V.
Directors), Hall L.
E. Ryker (Vice-Presi¬
the possibility of increasing our investment in
to
of
par)
account
open
;-y7
-
"As
shares
($50
an
$2,400,000
Associated
makes
persons
•
$7,260.
'
Operating
486,100
shares
of
Manila,
but
unless
or
permanent.
as
of
to
named
respect
investment in
our
Manila,
Suspended
plans
97,220
outstanding
Commission.—V.
partment
replied:
"We
of
account,
Routh,
Robert E.
Manager),
(Pres.dent,
President, in response to
future
tiie
to
transactions
Mathieson Chemical Corp.—New Vice-Presidents—
of
Squier
B.
and Chants S. Thomas
Gross,
the
loan ^agreement,
thereon
The
manufacturers), Harry L.
Angeles, attorneys-at-iawi,
the
of
Chief
and
has
advances
They
tool
oil
Manufacturing),
of
application
securities
-.
Inc., Los Angeles, clothiers).
1885.
1949-3 Mos.—1948
v.7,
•
O'Melveny & Meyers, Los
Gross
(Vice-President and General
management's
Period End. Mar. 31—
\
Angeles,
Charge of Sales),
N. Y., has been appointed trustee,
$10,000,000 first mortgage 3/1 bonds
for
p.
Los
(President
dent
Co., New York,
registrar
and
agent
May
Charge
Co.,
I-Lbbard
due
•'
•
(partner,
Gross
Kentucky & West Virginia Power Co., Inc.—Trustee—
paying
in
Courtlandt S.
1780.
The Bankers Trust
of
proposed
"
C. A. Barker, Jr. (Vice-President & Treasurer), G. Brashears (Presi¬
dent. G. Brashears <Sc Co., investment securities) Cyril Chappellet (ViceJackson
$3,119,968
"
made
certain
Associated
to
satisfaction
amount
bank
Interested
stockholders held on
in the proxy statement
meeting
were
4
'
■
the
least equal
and
Lockheed Aircraft Corp.—Board of Directors—
rectors
Net
has
into
enter
for
In
contribution
also
securities
1949—12 Mos.—1948
$4,829,265 $20,231,198 $18,127,294
3,871,375
16,330,008
14.482,192
$5,127,279
3,999,855
revenues-™-
in
the
interest
at
Period End. Mar. 31—
Operating
exchange
capital
Manila
represent
shares
deliver
in
by
(d)
Sold—Peltason, Ten-
share.—V.
per
York,
New
to
payable by
Manila
to
Associated
in
the face amount of $12,646,260, on whioh
$560,938
of
accrued
interest
is
payable,
Manila
would
deliver
to
Associated (a) $4,000,000 of 5%%
10-year notes, (b) 350,000 shares
($10 par) QVi'o preferred, tc) 513,900 shares ($10 par) common, and
7
.
would
common
Co., on May 12 offered 9,812
stock (par $1) at $3.50 per share. The
oversubscribed.
The shares
at
Proposed—•
stock
held
Louis,
common
was
of
Kentucky Utilities Co. (& Subs.)—Earnings—
St.
Co.,
shares of
Changes
the proposal,
Manila would increase its capital stock so gs
outstanding 350,000 shares ($10 par) 6'A%
cumulative pre¬
and 1,000,000 shares ($10 par)
common stock.
have
and
0
was
enbaum
Capital
—
7
with its subsidiary, Manila Electric Co.
additional
two
Co.,
authorization
for
SEC
Co.—Completes Two New Wells—
of
Electric
Associated
estimated at $610,000 if all
be used for working capital
are
will
Co.
Electric
Manila
1780.
p.
(2,315)
.1
Transaction With Associated Electric Co.—
V-7.
'
No.
2, in the
field of Scurry Couniy,
reported' May 26 by T. M. Martin, President.
A total of
eight wells has been completed to date In this field discovered by
Lion Oil Co. in January,
1949—V. 169, p. 1885.
s-y \
employees.
• •
■ •
, '< <
at Bingham Canyon and Magma and Arthur
the first time on May 29 and 30.
The corpora¬
Nevada
currently above the offering
of employees purchasing the
is
taxable income
:
CHRONICLE
ferred
five-day,
a
which
price,
sold.
are
.169,
FINANCIAL
&
Under
Lion
4,200
for
May 16.
on
revert
proceeds,
offered
Completion
mines
division
gram
entire
its
wiH
Cash
shares
operations at the end of this
Copper division two days in
40-hour week.
The new
mining
curtail
close
also
the
purposes.—V.
the
orv
Keniiccott Copper Corp.—To Curtail Production—
,
will be included in
■; ,7:
"7
Stock.
2104.
-A
and
price,
to
,
Ernest
$1 ,waa
"grossly unfair terms to the investing public of' Ohio."
The
company
plans to sell four-cylinder automobiles
ranging in
price -from $895 to $1,245 at, the,factory.
Mr. Cornell .sa.d the denial of registration "has nothing whatsoever
to
market
price
Keller Motors Corp.—Ohio Refuses to Register Stock—
The
register
COMMERCIAL
The
paying
recently sold privately $300,000 first
bonds, series B, dated Jan. 1, 1949 and
1, 1979.
Bankers
agent
Trust
for
the
Proceeds will be used for expansion.
Co.,
New
bonds.-
York,
has
appointed
been
°
New York
Operating
Net
$699,094
592,743
$628,256
528,904
$2,698,562
2,283,458
$2,401,757
1,893,598
income—
$106,351
oper.
Other
incme
—
Goldberg, Vice-President and a director, in charge of
the Long Island City tN. Y.j
plant, has been elected Comptroller and
Lionel
and taxes—
revenues
Oper, exps.
$99,352
$415,104
39
142
$99,391
$415,246
$508,423
29,824
28,809
113,631
187,350
$76,556
$70,582
$301,615
$321,065
Ascistan*
264
$106,380
M.
(net)
Net
-V.
other
deducts..
income—
168,
——
1949
$2,410,000
——
979,000
shares
of
1949
of
oil
$0.51
$0.43
averaged
the
Board
lonnerly
William
anil
Hardin
Hobbs-Western
board
difcctors
The
aft
G.
Marbury,
.
directors
stockholders
of
to
two
annual
held
meeting
Certificate
on
24 approved
increasing
the
May
Incorporation
of
the
that
corporation's
annuall
1949
meeting
directors
the
on
pared with 37V'a
1948.—V.
declared
have
has
Light
169,
payable
distribution
to New
extra paid on Dec. 31,
2105.
RR.—Equipment Trust Certifi¬
cates Offered—Halsey, Stuart & Co. Inc. headed an un¬
derwriting group that won the award May 24 of $2,550,000 2%% equipment trust certificates maturing $85,000
semi-annually Dec. 15, 1949 to June 15, 1964, inclusive.
The certificates, issued under the Philadelphia plan,
Were reoffered by the group, subject to ICC authoriza¬
tion, at prices to yield from 1.35% to 2.80%, according
to maturity. Other members of the offering group were
R. W. Pressprich & Co.; A. G. Becker & Co., Inc.; Otis
& Co., and Freeman & Co.
issue
Go.
awarded
was
Salomon
Bros.
(Inc.)
bid
169,
98.532
2V2S
for
Hall
&
provide for new
estimated to cost not less than
Diesel-electric freight locomotives.—
equipment,
railroad
cons.sting
eight
of
2211.
p.
Harris,
and
will be used to
the sale of certificates
standard-gauge
V.
98.524.
of
bid
a
bid
2%s.
for
98.65
Proceeds from
$3,221,688.32,
on
Hutzler
&
*
■
Missouri Pacific RR.—Offers to Purchase Serial Bonds
Under
authority
jastern
of
Division,
order
an
of
the
Judicial
Eastern
District
S.
U.
District
of
Court
the
for
Missouri,
Guy
A.
has offered to purchase
i.ft
or
before June
10,
1949
the 5y4%
secured serial bonds dated
Sec. 1, 1926, with all appurtenant unpaid interest coupons, maturing
till and after June 1, 1933, at a price of $1,000 for each such bond
f nd appurtenant interest coupons.
The holders of these bonds desiring
to
accept
this offer should deliver their bonds to E. G. Wagner,
Treasurer
for the Trustee, Room
101, Missouri Pacific Building, St.
Louis 3, Mo I '-";""
!'::/.;.'!
1'-%^ V
Thompson,
trustee
the
for
railroad
protective
offer
$12,000,000
committee
face
for
That
amount
stock
of
feels
group
was
The
gas.
placed
be
foundations
and
in
Orleans,
New
Mexico
&
Texas
date
England."—V. 169, p. 2212.
won
company
that
of
year
Montana
Gas
It.
M.
Heskett,
retiently
signed
purchase
hear
of
new
publicly
cost
of
on
contract
with
—
Acquires Additional
Wyoming
financed,
is
will
Pure
be
and
Pipe
Gas
Line
Co.,
to build this pipe line.
neighborhood of $8,000,000.
organized
being
in
the
the
operate
facilities of the
company is preparing applications
Commiss'on and the State Public
Bower
an cil and gas field
The Pure Oil Co.
Unit Area,
being developed by
now
will
lease
announced this company had
Oil Co. of Chicago for the
23
the
Montana-Wyoming
the
construction
M8y
Worland
the
from
gas
company,
taha-Dakota
The
President,
a
Worland,
A
the
Dakota Utilities Co.
-
Supply—
to be
Total
M011-
company.
new
filed with the Federal
to be
Service
Commissions
seeking
line.
Mr. Kaskett stated
that barring unforeseen delays, construction would start early this fall.
—V. 169, p. 2211
authorities
necessary
construct
to
the
Organ¬
Utilities
Montana-Dakota
the
May 20 announced the issuance of
to issue and sell from time to time
expenditures.
The
subsidiary
a
New
of
England
Electric
System,
pre¬
bank
borrowings by $3,750,000, the amount of proposed borrowings being
reduced to $2,350,000 bv amendment filed April 27.
It then requested
viously
applied
authorization
for
to
increase
its
short-term
permission to borrow the $950,000 to tide it over the period of time
Which
may
ttiiftaticn
afid
it6
its
of
be
the
is
show-cause
subsidiaries
should
expected
rescind
ues
order
which
elapse
to
with
prior to the Commission's deterto the balance of the borrowings
against the Svstem and certain of
question whether the Commission
respect
directed
raises
the
permitting a maximum of
$28,170,000 of borrowings by the subsidiaries in view of altered plans
fof equity financing by the System.
The hearings with respect to
these
issues
are
or
modify
still
in
prior
orders
progress.—V.
169,
p.
1671.
carried
1948."
Chemical
Bank
&
common
Trust
Co.
stock.—V.
has
been
169, p. 9.
appointed
than
York
455,915
$0.67
MARCH 31
SHEET,
hand!
on
bonds
Government
;
rights, leases and field equipment
Mineral
1948
1949
$576,574
275,156
' -5,750
;
cost
at
receivable
Accounts
$666,718
125,156
1,982
1,298,227
2,229
1,396,437
(net)
fixtures
and
Miscellaneous
2,583
cost
13,132
19,646
10,947
$2,105,259
at
investments,
Security
(net)
$2,299,277
Furniture
prepaid
expenses
LIABILITIES—
income
Federal
taxes
Deferred
credits
Common
stock
($5
1,925
1,154,000
193,972
743,708
193,972
610,575
$2,299,277
$2,105,259
_
value)
par
-—
surplus
Total
144,234
173,486
30,037
1,154,000
—
—____
____—
Capital surplus
—-
—
168,
$553
$4,073
Accounts payable
——
2435.
p.
and
respumption
of
Northern States Power Co. of
Minn.—Special Offering
May 26 made a special offering
the New York Stock Exchange of, 35,000 shares of
—Lehman Brothers
on
on
(no par) at $10% per share,
stock
common
21,000 shares had been sold and
27.-
the sale continued May
v'-. ^
-
less a special
of business that day
concession of 25 cents. At the close
:
■
.
Weekly Output Increased 8.3%—
Operations
& Watch Co.—Resumes
Chairman of the board, on May 24
operations at its iactory.—V. 169,
Electric
totaled
output
this
of
kwh.,
60,952,000
for the week ended May 20, 1949
compared with 56,283,000 kwh. for the cor¬
increase of 8.3%.—V. 169, p. 2212.
company
as
responding week last year,
an
hail
we
in
the future is more
1948,
down
to
but
expenses,
thorize Issuance of $700,000
The
uncertain," especially con¬
will be costly and very difficult
swoop."—V. 169, p. 2212.;
New York State Electric & Gas Corp.—-Stock Offered
—The
corporation is offering holders of its 880,000 com¬
mon
shares (par $25) the right to subscribe for 73,333
additional shares of, common stock, at a price of $44.50
Stockholders will be entiteld to subscribe on
one new share for each 12 shares held of
record at the close of business May 24, 1949.
Transfer¬
able subscription warrants evidencing such rights will
expire at 3 p.m. (EDT) on June 9, 1949.
The First Boston Corp. heads an investment banking
group composed of Lehman Brothers, Wertheim & Co.
and Merrill Lynch, Pierce, Fenner & Beane which has
agreed to underwrite the unsubscribed shares. In addi¬
tion, the underwriters will sell shares of the new common
prior to expiration of the subscription offer and will act
as
dealer managers of a nationwide group of securities
dealers which will solicit the exercise of subscription
share.
basis of
warrants by
&
Co.
incurred
to
is
meet
are
be
used
be
used
after
value
par
to
the
at
for
new
to
stock
of
the
to be applied toward
short-term
requirements. ,:
of
sale,
and
for
of
The
First
of such proceeds
underwriters of new
the exercise of the
Merrill
the
Boston
Corp.-
&
subscription
stock
!
I___
Co
Lynch,
'
;__
Brothers
Wertheim
60%
—______—
____
Pierce,
15%
15%
Partial Redemption—
30, next, 875
stock, at the
redemption price of $103.25 per share, plus accrued
will be made at the Chemical Bank & Trust
Payment
redemption agent, 165 Broadway, New York, N. Y.—V.
New
York
Susquehanna & Western RR.—Hearing
William
F.
Smith,
at
a
F.
S.
was
Bethel,
of
Delaney,
May
21
was
appointed trustee
of
Hincks of the Federal Court at New
of Ashland, O.,
and a one-time executive
of the Seamless Rubber Co., Mr. Delaney
was. unanimously
recommended for the trusteeship by the company,
the New York Trust Co., trustee unoer a^debenture. and trade cred¬
itors.,1-"'! '!! 1
!'■_'!;;...■!
1
The New York Trust Co. is suing Norwalk for $1,000,000 on a claim
of default under the debenture.
The firm's assets have been attaciied
by Judge Carroll C.
company
Haven.
President of the Faultless Rubber Co.
retired
A
•
with
liens
totaling
$1,500,000.
over
counsel for Norwalk that it is "in effect
capital."
The firm's difficulties were
during the past four years when over
$1,900,000 was spent for government and other surplus machinery and
on
technological improvements.
The company's representative said it has been assured a $1,000,000
loan by the Reconstruction Finance Corp. If it can work-out a satis¬
Judge Hincks
choked
told by
was
lack
for
described
working
of
begun
having
as
factory reorganization.
as
a
rejected
a
recommendation by the company that
Vice-President in charge of production, be appointed
The creditors objected that a co-trusteeship would
Hincks
Judge
Walter
Krappe,
second trustee.
result
division
in
New
of
and in confusion.
power
ter
div¬
Co.,
hearing
in
committee, consisting of Harold
and located at 420 Lexington Ave.,
following statement:
_
committee welcomes the inception of proceedings under chap¬
of the National Bankruptcy Act and believes that these proceed¬
debenture-holders'
and
York,
10
Richman
protective
Proskauer,
issued
has
the
rights of debenture-holders under
As neither of the
ever been affiliated
with
the management
of the company or with the underwriters of
the now defaulted debentures, the committee will be able to be active
in the proceedings unhampered by any interests conflicting with those
of the
debenture-holders.
r > :
The committee, it is said, now represents between 25 and 30 deben¬
ture-holders
having a total of $95,000 face amount of debentures.
Those who have given it proxies are mainly. small debenture-holders
ings will facilitate protection of the
the
supervision
members
of
of
the
of
a
court-appointed trustee.
committee nor its counsel have
long standing.—V.
Nu-Enamel
169,
p.
2212.
Corp.—Management Upheld
of
Ney York brokerage firm's
Corp., oil producing subsidiary
May
Newark, N. J.,
of Nu-Enamel
May 24.
Chicago,; 111.,
board election
appeared valid.
& Co., the brokerage firm, challenged the election on
4
Birnbaum
oh
—
attempt to block the sale
received a setback on
Daniel
J.
Carmell, Federal Master in Chancery at
reported to Judge Walter J. LaBuy that the Nu-Enamel
Oil
the
ground that management's solicitation of proxies contained misleading
statements.
Mr. Carmell held there were no misleading statements
the
in
The
Judge
New
Bankruptcy Trustee Appointed—
169, p. 2212.
heard evidence on objections to the plan of reorganization
approved by the ICC in 1945.
The question of final disposition of
the trackage contracts of the New York Central at Edgewater, N. J.,
11,
at
Court
company's move
Wallace
the
A
corporation has called for redemption on June
shares of its outstanding 4.507®
cumulative preferred
sinking fund
Co.—Files Bankruptcy Peti¬
Reorganize—Trustee Appointed—
21 filed a petition in bankruptcy in the U.
Haven, Conn., in an attempt to reorganize.
May
company
sells elec¬
made after Judge William J. Shea of the
Superior. Court at Bridgeport lifted an
Injunction restraining the
management frtim starting bankruptcy proceedings.
In dissolving the injunction, obtained by the T. A. Maguire Co.,
a
minority stockholder, Judge Shea also upheld the election last January
of the company's board of directors.
The
10%
Fenner & Beane
The
idends.
The
District
The
the balance
principal
the
upon
Ailyn
used to help finance
& Rubber
in Attempt to
The
construction.
names
to be dated
bonds,
The company proposes
investors through A. C.
1949
Norwalk Tire
tion
Frank
common
respective percentages of the unsubscribed
which each has severally agreed to purchase, are as follows:
and
warrants
mortgage
1978.
Proceeds of the issue would be
of Chicago.
company's
stock,
new
sale
date of
first
construction program. The. company
tricity in South Dakota and Nebraska.—V. 168, p. 2327.
the
the discharge of the
notes which were
serial
subscribed
not
sale
the
to
Debenture-Holders, Protective Committee—
of the new common stock, to sell
preferred stock, the proceeds from
discharge the remainder of such notes as may
the
of
UNDERWRITERS—The
common
from
$4,000,000
construction
proposed,
outstanding
to
proceeds
$3,179,986, are
outstanding
3'/8%
in
to mature June 1,
several institutional
and
bonds
rhc
sell
$700,000
of
1949,
1,
to
the original holders.
PURPOSE—The
presently
has asked the
companv
issuance
the
June
,
the 40-hour week
put into efiect in one iell
Co.—Asks FPC to Au¬
Bonds—
Federal Power Commission to authorize
Service
Northwestern, Public
Higher—
the
on
sidering the effect of the five-day, 40-hour week for non-operating
employes "which we will have in the last four months. The manage¬
ment
is doing everything possible
to increase revenues and to hold
May
New
$610,575
■
•
,
Mr.
Federal
The
S.
Plan—
National Acme Co.—New York Registrar—
registrar for the
/•'.•.•
whereas we had a deficit of about $4,800,000 in the same
period last year.
Thus our four-months results, when
down
to
net,
are
approximately $8,600,000 better than in
'
'
,;I;
Metzman
said
that
"although we have a much better start
Lehman
company,
shares outstanding)
(230,800
and
banks
in
four-month
is
a decision authorizing
prior to Aug. 1, 1949,
up to $950,000 of promissory notes to meet a May 23 maturity on
$400,000 of outstanding short-term notes and to provide new money
ftif construction expenditures and to reimburse
its treasury for prior
on
company
.••••""
$3,800,000,
It
Narragansett Electric Co.—To Sell Notes—
The SEC
was
company's
1949 operations, Gustav Metzman,
President, on May 25 said
"largely because of the general decline
in
business
activity in the nation, our business volume has fallen
below last year, but with the benefit of some rate increases, our total
operating revenues for the first four months are slightly ahead of last
year.
They total approximately
$239,500,000, compared with about
$236,600,000 for the first four months of last year.
"Our net
income, though far from satisfactory for the volume of
business the Central does,
is substantially better than at this time
in
1948.
For
the first
four months
our
net
income totals about
be
the
period
of
end
at
share
BALANCE
Telegraph Co.—Rate Rise—
New York Central RR.—Net Income
Reporting
which
„
■'•'■'•.
-
President
Robbins,
$4,000,000
above.
Co.
$743,708
$0.43
of period—
$154,659
15C4.
p.
ized—Will Be Publicly Financed—
See
59,625
$98,501
645,199
.
beginning
at
surplus
per
Earned
increase
$5,000,000
a
New Haven Clock
Larry
announced
amounting to
Montana-Wyoming Gas Pipe Line Co.—Being
period-
a
"V;-..
per
p. 2211.
152
$2'i4,284
$130,064
31,555
tax
tax___
Total
Company,
the
fry.—V. 169,
income
income
Fed.
for
prov.
ASSETS—
to schedule.
evidenced in when
'V'?':"!;..'.1,/;1
.
5'As has
"Mop"
inadequate.
as
Earned
U.
granted; in March, 1949,
its request for a $10,000000 late lise was denied by the Commission.
Then on May 14 that agency approved a $3,000,000 annual increase.
—V. 169, p. 2212.
7
July
company,
characterized this pros¬
that holders should
receive
par
for the bonds, plus payment of
the interest that has
rticumulated 011 the issue over a long period of years.
The approxi¬
mately
$12,000,000 of secured 5'/4S have as
collateral more than
A
pective
for
surplus
Earned
Cash
■
decisive victory in the Massachusetts Supreme
Court on May
23 when that tribunal ordered an immediate rate inciease
of $7,000,000 a year/thus bringing the company's rate of re¬
turn
on
capital to S2/,3%.
The increase means that
this company has now
realized the rate
increase of $15,000,000 a year sought in its original application liled
with
the
Massachusetts Department of
Public Utilities in 1947.
In
dividend of 45 cents per
30 to holders of record
on
March 31, last, com¬
cents
before
for Federal
income
Earned
(Treasurer and Secretary),
L. Sylvester, and Lothrop
our companies might have access
is still problematical.
The Tennessee Gas
which appears to be our most likely early
source of supply, has
not yet obtained Federal Power Commission au¬
thority to extend its pipe lines to Buffalo, N. Y.
If it does secure that
permission it indicates intent to take the necessary steps to continue on
Missouri-Kansas-Texas
The
Net
—V.
June
$214,132
19,711
35,372
338
i
income
Provision
accord.ng
natural
The
made
was
cents quarterly and 25
p.
operating income
Other income
37,205
(President), William B. Carolan, George C.
will
Co.
broken
been
'■Interest
to
new
quarterly
a
stock,
common
similar
A
leases---
$306,421
$129,726
Operating expenses
Net
1948
'1949
$234,145
47,626
15,293
41,500
income
of
New England Telephone &
10.
Inc.—Earnings—
North Central Texas Oil Co.,
3 Months Ended March 31—
Operating
Kendall Square steam-electric
new
Electric
proceeding
45-Cent Distribution Declared—
The
Cummings, Secretary and Controller, and Roy S. Adkins,
in charge of sales, have been elected directors.—V. 169,
B.
1994.
However,
; 'V
generation plant of the Cam¬
in operation early in June.
are being placed
for the ad¬
dition to the New Bedford plant wh.ch will house a new high pressure,
boiler and a 33.770 kilowatt turbine generator.
This new unit is sched¬
uled to go into service in 1950.
The remainder of our construction is
"The
Ground
authorized
of
the
Transmission
share
Francis
Properties written off
bridge
ihe
•
Vice-President
p.
Depletion of mineral rights and
Withington.
'
Mr. Campbell said in part:
construction program
Was
well
under
way
and the management anticipates that delivery
of gas through the new line will be started before the next heating
season
develps.
Restrictions on sale
of gas to
additional house
heating customers which had teen in effect
in the St. Louis area
lor
the past two
years
have been removed
as of
May 1.-
June
in like
Association—Output—
Collins,_ John Fox, H. Coleman Moore, Jr.
John £'.
Rich, Homer A. Scverne, Albert
Roscoe
Mo.,
fill
their
at
to
shares
announced
was
than
ended
week
meeting: Floyd D. Campbell
capital
stock from 1,000,000 to
2,01)0,000 shares, $10 par value.
No immediate issuance of any of
the additional shares is contemplated.
Holders of 684,716 shares of
common
stock,
or
approximately 70%
of the 982,830 shares outstanding, were represented at the meeting.
It
lower
4%
by an overwnelming majority, less than 1% of the votes cast,
being against the change.
The lollowing trustees were elected to serve until the
next annual
re-elected.
amendment
169, p. 1994,
adopted
C. Hobbs, President of
have been elected members of
existing vacancies.
Pour other
and
Louis.
St.
Co.,
of
were
number
were
shareholders, held on May 3, with
approx.mateiy 78 % of our outstanding snares voted, the proposal to
increase the members of the board of trustees from seven to nine was
has been elected Chairman
formerly Vice-Presicent and
President,
Ark.,
Grady,
of
the
At
Manager, has been elected President,
the
1949
of
Membership of Board of Trustees Increased—
products for the first
daily, compared with
1S48 period.—V. 169, p. 2434.
barrels
Authorized Capital Stock Doubled—
Joe
months
four
Melvin H, Baker, President, reported on May 21.*
said.
For all of 1949, Mr. Baker
below production of
ago.
'
'v.!' \ '
..
Missisisppi River Fuel Corp.—Changes in Personnel—
of
in
put of 13,687,058 kwh.
petroleum
9,530
7,479 barrels daily lor the corresponding
Comlort,
a
Net
31, 1948.
and liquid
Dec.
production
C,
first
May 20, this Association reports electric out¬
This Is a decrease of 1,184,581 kwh., or 7.97%
.14,871,639 Kwh. for the corresponding week a year
.
'
\Y,
Gas output for the May 20 week is reported at
148,749,000 cu. ft.
This is a deciease of 23,303,000 cu. ft., or 13.54% below production of
172,052,000 cu. ft. for the corresponding week a year ago
For
taxes,
months
Ben
the
New England Gas & Electric
depreciation, provision for probable abandonments,
and minority interests.
tBased on 1,884,169
income
outstanding
Net
three
lile
withdrawn.
North American Cement Corp.—New Directors-
added, they are expected to be about 10 to 15 7® under 1948.
they still are well above prewar volume.—V. 169, p. 2106.
822,000
—
-
—
share
class b
per
depletion,
those of Edith
were
brief
1Q days thereafter to file replies.—V.
The sales trend is still downward, he
1943
$1,889,000
Quarters Ended March 31—
Gfosp income irom operations
*Net income (estimated)
*After
in
per.od of 1948,
Subs.)—Earnings—
(&
Middle States Petroleum Corp.
tEarnings
2106.
p.
2227.
p.
estimated
169,
National Gypsum Co.—Sales at Lower Rate—
Sales
and
Int.
Treasurer.—V.
final action by the ICC.
All other objections
A. Merritt, holder of several bonds of a junior
The court allowed Miss Merritt 30 days to
support of her objections and allowed all other counsel
until
postponed
was
issue,
$508,159
29
income
Gross
Also Comptroller
except
1949—12 Mos.—1948
1949—3 Mos.—1948
Container Corp.—Goldberg
National
ACCOUNT
INCOME
COMPARATIVE
,
Period End. Mar. 31—
Monday, May 30, 1949
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2316)
8
solicitation.
brokerage
directors
v/ere
firm
has
elected,, they
the
contended
that
woulc. not have
if an opposition slate of
approved pending sale of
oil-producing plant for $600,000.
An/ order of Judge LaBuy restraining the sale expired on May 26.—
V.
16&. .p.
1565.,
>«,
Volume
Ohio
The
169
Fuel
Gas
Columbia
Ohio
received
3 XU %
of
Gas
SEC
:•
authorization
issue
to
and
sell
instalment
System,
Fuel's
THE
Co.—To Sell Notes—
has
company
$6,000,000
to
Number 4807
promissory notes to its parent, The
the proceeds of which are to be applied
Inc.,
construction
and
storage
gas
program.—V.
168,
254.
p.
available
New
first
mortgage
the
at
York,
Guaranty
N.
Y.,
169,
bonds.—V.
bonds,
p.
in
Co.
Trust
exchange
series
3V«%
for
of
due
Israel
140
outstanding
temporary
York,
1782.
Electric
Co.—Bids for Bonds—
Such
La
6.—V.
169, p. 2213.
Salle
Street,
London
shows
mainly
Chicago 4,
111.,
10:30
to
up
(CDT)
a.m.,
Olin
June
Bayside
is
Arms
This new gun, known as the Model 25, is a slide
repeating shotgun.
Medium-priced, the Model 25
brought out by Winchester this year and is the latest
to the large family of world-famous Winchester sporting fire¬
addition
gun
arms.
■!:
Distribution
This
the
of
"'-'H '.V;'
-
Model
will be allotted and
gun
i!
v"
will
25
;v
made
be
;
-
rapidly
as
possible.
as
to
of
part
Corp.,
Ltd.,
Bank
of
Pacific Gas & Electric Co.—To Register Bonds—
days,
it
to
offer
apply
for
to
sale
refunding
announced
was
the
at
mortgage
May
California
competitive
bonds.
P.
The
societies.
Commission
interest
rate
and
maturity
clients
Its
housing,
advances
Loan
for
The
developed
(up
on
•
fornia,; and
follows
stock
this
earlier
successful
year.—V.
offerings
of
and -preferred
common
169, p. 2213.
or
long-term
loans
Economic
the
operating
Operating
1949
expenses
1943
1947
for
47,890,983
37,111,686
16,263,211
Provisions
13,975,185
Palestine
3,049,245
bank
equal, instalments,
Palestine
operating revenue
income (net)
Other
Total
funded
on
interest
Amoitization
stock
Common
(Cr)_
net
174,036
premium
divs.
stock,
223,921
and
107,586
Cr39,125
1,337,257
on
Remainder
Earnmgs
to
per
surplus..........
;95.
125
$3,064,681
._
share.
common
Savings
loans
1
Ltd.,
Co.,
and
use
$7,940,041
1,000,000
4,825,893
$3,486,752
ir
$4.52
BALANCE
$2,114,148
SHEET,
$5.17
MARCH
31,
$4.31
.
be
properties and franchises, $312,792,063;
$558,177; funds on deposit with trustee of
securities,
to
released
Treasury
for
new
construction, $707,060;
certificates,
$9,069,314;
deferred
$1,000,000;
in storage,
gas
charges,
cash,
materials
total,
Corp.,
dividend
taxes
accrued
customers'
facture
and
preferred
$10,000,000;
payable,
insurance
and
bond
issues
U.
S.
supplies,
stcck,
dividends
payable, $584,314;
premium and expense
retirements, $109,495,835;
$7,168,001;
earned
surplus,
reserves,
total, $354,735,459.-
Board
of
Governors
approved
for
preferred
stock,
listing
the
'
of
New
300,000
without
shares
filed
which
at
debentures
the
Exchange
$4.50
of
dividend
169,
with
the proposed sale of
a
be
to
are
the
May 18
on
cumulative
of
1
,
of
Co.
Their
12
this
Saudi
that
year
of
SEC
Operations
Potash,
Ltd.,
which
Under
Arabia.
minerals of
in
out
was
paid
the
as
of
Balance
concession
oil
and
1964.
$15,000,000
the
the
to
agreement,
in
the
on
public will
$9,500,000
the
neutral
Persian
first year's minimum annual
which
price
filed
be
value
thereof
tion
are
After
paid
was
to
general funds.
and the
remainder
*
operating income of the company and its subsidiary, George F.
Getty, Inc., for the year 1948 totaled $9,283,203, and net income was
$7,305,434.-
giving
stock
Pacific
share
The
West
result
a
Oil Corp.
dividend of
the
Tide
Water
As
its
only
Indies
and
Indonesia.
result
made
to
a
This
stock.
stock
which
"B"
May
of
payable
Water
June
other
Netherlands, Dutch
of Tide
Water stock
of Tide Water
Jews
stock,
the J.
Paul
Mr. Getty is President
held
1943.—V.
over
169,
59%
p.
of
the
1995.
Economic Corp.
—
Stock Offered—The
com¬
So far
BUSINESS—Corporation
It
is
an
The corporation engages
industrial,
and
land,
instrument
was
through
incorporated
which
on
in financing enterprises of
agricultural
nonsubsidiary
the
Mandate.
since
All
April,
1948.
31,
1948,
corporation's
the
au¬
stock (par $100)
common
the
shares
30,000
capitalization
which
of
shares
capitalization,
(par
$1)
corpora¬
shares
"B"
are
capital
the
the
of
1,000,000
(f>ar
stock.
securities of
the
Shares———
•Outstdg.
707,048
30,000
19,473
___
being
registered
1933
to
corporations.
a
business
Maine
subsidiary
loans
and
$100
D.
of
the
Nickel
Wheeling
oral
Plate's
stock
argument
asked
recommended
after
rate
from
for
out¬
the
on
further
that
the
pro¬
Commis¬
a
point
The
of
forth
in
Akron,
examiner's
lease
to
Plate.
for
the
The
169,
first
He
year.
first
the
is
10
purchased
years,
for
the
Pennroad
the
five-year
have
tenders
and
asked
first
period
the
to
by
reaches
buy
than
some
adopt a
three-
and
it
Plate
rather
of
owners
ICC
years
until
Nickel
offered
for
the
five
$115
a
the stock-
in
the
on
option
report.
Youngstown RR. also argued
against
asking for more stringent conditions in
&
by
them
Akron
the
for
stock
examiner's
Canton
proposals
protect
for
would
first
in
price
last
Wheeling,
iu
each
he
the
the
years.
in
$122.50
addition,
plan set
50
counsel
shares
stock
purchase
until
years
Adkins,
basis
from
road
diversion
was
of
their
represented
by
traffic
Robert
E.
Quirk
the
the
Nickel
the
to
legal-
as
1490.
p.
Pennsylvania Edison Co.—Court Reserves Decision
Associated Electric's Appeal
Against SEC—
The
U.
decision
Public
for
to
on
without
the
Palestine,
Jews
an
from
country.
scale.
when
Israel.
of
The
with
resulting
and
of
expansion
Of those proceeds approximately as follows;
(a) Participation in the further development
the
net
ex¬
use
Israeli
industry-—..
at
Philadelphia
entitled
are
Electric
Co.
in
March,
Edison
by
that
to
it
reserved
preferred
premium
asked
1946,
merging
has
subsidiary of General
SEC
with
stock¬
payments
to
permission
Pennsylvania
Elec-
$2.80
the
$5
preferred
$52.50
receive
$75
share.
a
and
the
Assoc'ated
$2.80
series
Electric
$1,000,000,
premium
which
the
of
SEC
$5
created
an
$827,400
fund
escrow
represents
liquidation prices.
which
preferred
and
now
amounts
difference
the
between
represents interest
stockholders for "delay in
paid to nreferred
premium prices."
Pennsylvania
outstanding.—V. 163,
that
liqui¬
the
The remainder
ordered
the
of
of
Co.
which
and
claimed
$50,
prices.
Associated
to
the1
holders
should
series
dation
34,029
shares
of
Edison
$2.80
has
123,460
preferred
stock
1434.
p.
Pennsylvania Glass Sand Corp. (&
Subs.)—EarningsProfit
Net
inc.
taxes
1948
1947
1946
$427,598
$542,039
$384,738
173,012
217,299
156,135
taxes
earnings
Com.
1949
$397,683
164,302
before
Income
per
$232,381
$254,586
$3?4.7a0
outstand..
shares
Earned
,
321,860
321.860
321,860
share
$0.60
$0.67
$0.88
_______
com.
»'
$228,603
321 860
,
$0.59
NOTE-Not included in above
figures, there has been added to earned
the amount of
$215,338 due to refund of income taxes for the
1942, 1943 and 1944.—V.
169, p. 10.
surplus
years
Pennsylvania Power &. Light Co.—To
More Stock—Bank Loans Extended-—
The
and
company
Proceeds
which
the
to
are
plans
20
Holder*
between
raise
to
by
oiler
used
estimates
sale
will
be
oi
a
common.
$6,000,000
the
company's
new
part.
to
this year
and
pres¬
urogram,
$92,500,000
September
time
by stockholders,
91%
offered
company
the
of
leaving 9%
to
316,863 shares
purchase rights were
stock
be
sold
to
underwriters.
company also announced
for extension of
loans
May 20 that arrangements have been
$14,500,000 in bank loans to Jan. 2, 1952.
matured Sept. 30. 1949.—V.
169, p. 1818.
to
were
have
Pennsylvania RR.—Increase in Debt Authorized—
The
stockholders
the
in
on
May
authorized
24
increase
an
company's debt and empowered the
obligations from time to time as
other
directors
may
Authority to increase the indebtedness
had
to permit improvements and
otherwise
requirements. The proposal came before
holders
on
May
the
on
10,
but
proposal
May 24,—V.
on
in
that
Last
that
At
stock
construction
$31,500,000 of this will have to be
securities, of which the new common stock
completed
The
for
$30,500,000 will be spent
1949-52.
company
exercised
be
about
years
raised
of
May
$8,000,000 during the summer
by offering common
stockholders. Details will be announced later.
ent
on
announced
Offer
169,
by
resolution
postponed
2213.
company's
annual
until
issue
bonds
or
sought by the board
the
the
adopted
was
p.
meet
to
.
$100,000,000
desirable.
seem
been
of
at
the
financial
meeting of stock¬
this
meeting
final
election
annual
held
$4,000,000.
Development
of
urban
and
suburban
of
(f)
in
areas
accordance
the
Pennsylvania & Southern Gas Co.,
Westfield, N. J.—
with
city-planning practice—$3,000,000.
Files With SEC—
construction
and. manage¬
The
hotels—$2,000,000.
of
cooperative
of
Establishment
and
other
and
mortgage
for
banking credit—$500,000.
construction
to
loans—$2,000,000.
operation of modern
irrigation
waterworks on
(g)
Balance
is
It
the
mitments
Pending
will
working capital and
ultimate
investments
in
use
domestic
conjunction
it
now
and
in
has
with
cash
foreign
OFFICERS—The
in
Israel,
loans
the
and
makes tem¬
The corporation
this
of
issue
other
will
used
its
Gross
Income
169,
are
follows:
as
Herbert
H.
1490.
p.
Paramount Pictures, Inc.
(& Subs.)—Earnings—
shares
•After
per
taxes.
direct
bined
outstanding-.'.—/share..
and
rect
earnings
interest
the
as
a
interest
the
$1,429,000
as
a
quarter
of
1949
as
months
aries
were
revenues
partially
per
of
1948,
in
in
to
remittable
the
of
the
SEC
B
(par $100),
Philadelphia.
Pro¬
etc.—V. 169, p. 208.
*1949
1948
1947
1946
$615,354
$586,041
$640,586
88,516
88,870
110,346
$519,162
165,586
$703,870
166,275
$674,911
$750,932
169,806
174,170
$353,576
$537,595
$505,104
$576,761
$1.18
$1.11
$1.27
show
first
under
the
a
and
indirect
other
January,
at rates in effect prior to
the date the Federal Power Commission's "Order
Reducing
to
company's
be
effective
revenues
for
1949
and
excludes
February
reported
as
company's present estimate
available
now
to
it.
the segregated portions
March.
and
earnings of the company
the
as
information
Because
Until
of
above
earnings
the
should
in
the
be
light
uncertainties
present
It
will
not
be
the possibility that the Order of the Federal Power
Com¬
mission may be upheld by the courts as
effective Feb.
1, 1949, the
directors fixed the dividend for the first
quarter of 1949 in the amount
of
50
of
cents
share of
per
dividend of $1
per share
1939.—V.
p.
169,
stock
common
instead
which had been
of
the
usual
quarterly
maintained continuously since
1566.
In
of
of
in
the
1948.
from
1949
terms
Pepsi-Cola Co.—Quarterly Sales Lower—
Quarters Ended March
the
only
the
a
first
quarter
portion
of
such
industry
agreement
the balance being
169, p.
have
also
2213.
Changes in Suggested Purchase
corporation has asked the ICC to make changes in the purchase
sales
(less
1949
•As
with
filed
the
Securities
and
Exchange
Commission.—V
169,
♦
1995.
Pere Marquette
The
1948
$8,075,000
discounts, returns and
allowances)
P.
During the first
English subsidi¬
31—
$6,815,092
•Consolidated
for
subsidiaries.
foreign conutries.—V.
Pennroad Corp.—Asks
$0.76
for
which affect the earnings of the
company are settled.
possible to report earnings in precise amounts.
net
earnings
direct
decrease
quarter
revenues
York.
New
share.
stated
was
the
_________
NOTES—The
§This amount
Fund for Nickel Plate—
The
with
series
Co.,
$430,073
earnings
1949
Rates"
and indi¬
undistributed
combined
film
of
com¬
subsidiaries,
which was effective June 14, 1948,
England.
Increased restrictions on remittances
from
the
undistributed
nonconsolidated
revenues
with
in
combined
the
Paramount's
the
owned
100%
remittable
revenues
&
capital improvements,
_______
com.
•Includes
Feb. 1,
of partially owned nonnonrecurring income.
tThis
of
English
in
reduced
film
compared
are
the
representing
stockholder
of
notification
stock,
quarter
$650,000
earnings of partially owned nonconsolidated
includes
stockholder
representing Paramount's direct
stockholder
a
as
interest
for
and
7,303,972
$1.30
estimated provision for all
$1,846,000, representing Para-
includes
net
$1,700,000,
6,987.039
$1.11
$0.86
including
amount
indirect
subsidiaries
includes
net
charges
tThis
and
undistributed
amount
6,609,739
common
interest
mount's
April 2,'49 April 3,'48 April 5,'47
S$5,675,000 i$7,760.000 t$9,522,000
!
(est.)
Common
income
considered
Quarter Ended—
•Earnings
for
deductions
Earns,
of
•Earnings
of
preferred
89,089
Net income
officers
of
Treasurer.—V.
letter
a
investments.
Lehman, Honor¬
of board of directors; Henry Morgenthau. Jr., Chairman
directors; Julius Simon, President; Robert Szold, Chairman
of Executive Committee; Israel B. Brodie, Vice-Chairman of Executive
Committee; Aaron Baroway, Vice-President and Secretary; Harold J.
Goldenberg, Vice-President; Henry Montor, Vice-President; Paul Singer,
Vice-President; Edward M. M. Warburg, Vice-President; Sidney Musher,
board
filed
Underwriter, Bioren
Other income
ary Chairman
of
be
18
cumulative
par.
Operating income
funds
result from liquidation of
may
May
on
6 V2 %
at
3 Mos. End. Mar. 31—
com¬
hand.
in
corporation
securities.
proceeds
which
or
the
any
shares
offered
Pennsylvania Water & Power
Co.—Earnings—
corporate purposes.
general
of the corporation not
to enter into
expenditure of funds unless funds are
the
investments in
porary
which
for
practice
for
company
250
be
ceeds
public utility basis—$500,000.
Financing of exports to Israel—$2,000,000.
a
-
the properties.
Later the
permitted merger of the two
companies, but ruled Pennsylvania
I5 Preferred holders be paid a redemption price of $80 andl
action
of
Pennsylvania Edison Co.
Pennsylvania
fir
the
this
of
Appeals
appeal by Associated Electric Co.,
Corp., from an order of the SEC
on
oriS. Co" which was to Pay $42,451,000 for
SEC
proceeds of
the
use
of
their holdings.
liquidate
present
the
an
of
Court
the
of
will also require substantial additional investments.
known, the corporation intends to
the ordinary course of its business.
on
Circuit
Associated
immigration
volume
The
over
Germany
This
compared
is
as
Mandate,
the, establishment
the
larger
even
precedent
State
British
principally
Since
entered
S.
Utilities
holders
The
the
of
may
basis.
banking, credit,
utility nature through
The corporation extends
and
in
Americans
a
has
publicly-held
share
a
10
of
the
sold.
are
end
countries.
109,000
is
the
issue in
The estimated
proceeds of this issue will be $15,000,000 after deduction of the
penses
of this issue.
The board of directors now envisages the
frozen
AND
Dec.
and
$25
this
to
continue
of
this
with
1926.
of
and
immigrated
country's economy
(par $25) at $28 per share.
participate in the economic development of Israel
Lyle
the
of
$122.50
In
share.
on
which broke
war
British
the
Pot¬
of
1,000,000
Israel,
consolidated
of
Dec: 31,
on
fourths
1948,
Potash,
extraction
for
standstill
a
100,000 shares of
to
Fascist-dominated
of
is
likely to
immigration
six
13,
oi'
31,
Palestine
Palestine
follows:
as
securities
population
with offices located at 399 % Madison Ave., New
York, on May 10 offered 600,000 shares of common stock
HISTORY
Dec.
of
from the
severely
._
Federal
,
the
pany,
Jan.
concession
termination
1,030,000
stock
effect
are
NOTE—Foreign
Palestine
at
as
stock
all
State
1
the outstanding Tide Water
holdings of Mission Corp., Mission
the
Oil Co.
20.
Tide
per
is
Co.
closing price
May 26 was $21.50.
purchase
includes
of Skelly
to
stock
"■If
Dutch
Oil
ended
$24.36
that
Development Co., and Pacific Western Oil Corp.
of these three companies.
Pacific Western also
common
the
of
Associated
on
Getty interests now control about 35%
common
of
share
residents
The
Exchange
this latest
of
offer
price
a
cents
shares
Water
:
was
a
Tide
purchase
named
40
128.000
about
stock.
offer
the New York Stock
on
of
Western
"ex"
the
on
as
owned
Authorized
Common
Buys 128,000 Tide Water Oil Shares Held by Dutch—
of
K.
Quarter End. Mar. 31—
,
The corporation has purchased
holdings
(about 570,000
shares)
2%
each
additional
declining
under
were
$100
common
domestic
Gross
common
from
increased
was
$25)
the
as
Jerome
a
of
Leonard
begin
outstanding, and 30,000 shares of "B"
stock (par $1), of which 19,473
shares-were outstanding. On May 5,
1949, the common stock was split four to one by reducing the par
Extension
royalty.
Indies,
.
suffered
the
shares
Extension
shares of Tide Water Associated Oil Co. owned by residents or nationals
of Holland, Indonesia and the Dutch West
the company's
Sea,
with
26,762
(e)
territory lying
and $1,000,000
Gulf,
value
par
payment
fertilizer are now
during 1949.
to
the company have been at
(d)
proceeds will be used to. repay • advances made by
Guaranty Trust Co. for the purchase by Pacific Western Oil Corp. of
to
exclusive
CAPITAL SECURITIES—As
ment
the
will be added
phosphate
scheduled
an
Dead
Palestine
state¬
The interest rate and
offered
rights
gas
and Kuwait
and
are
thorized capital consisted of
(h)
a
for
government
and
COMPANIES
Ltd.—Corporation
operates
15-year
registration
a
of
$10,500,000
between Saudi Arabia
initiates
water
(c) Development of tourist traffic and
proposed sale will be used to repay to Guaranty
incurred by the company in February
for the purpose of paying that sum to the government of
loan
acid
sulphuric
Palestine
the
from
a
subsidiary,
ordinary shares and 20,610 preference shares
ash, Ltd.. or 20%, of the outstanding voting shares.
accepted
amendment. Eastman, Dillon & Co., New York, is named
Proceeds
five years,
to
up
56,669
principal underwriter.
Trust
Ltd., a wholly-owned
suburban and semi-
urban,
mortgages
Corp.'(Palhouse), .Ltd.; engages in the development
housing areas and the erection of houses therein for sale.
(b)
2213.
p.
issue
new
sinking fund debentures, due June 1,
later by
Curb
Corp.—Registers With SEC—
corporation on May 20
covering
York
value.—V.
par
Pacific Western Oil
The
ment
the
Bank,
in
wholly-owned
a
PURPOSE—From
net.
about
up
recommended
descending $5
$7,663,804;
Listing Approved—
The
buy
the
Palestine Housing
receivable,
common
$14,762,155;
miscellaneous
and
$32,742,094;
Ltd.,
construction.
$354,735,459.
deposits, $2,338,105; unamortized
debt,
$1,166,234;
reserves
for
funded
on
stock,
for
acts
with
shares
the lease
upon
a
purchase fund which would buy in
publicly-held Wheeling stock within a 50-year period.
Mr.
suggested an annual purchase fund of $200,000
which
would
counsel—V.
subsidiary,
investments
notes
Examiner
The
$20,000,000; $4.50 divi¬
stock, $42,806,964;
pre¬
ferred
stock
of subsidiary, $22,287,350;
minority interest in common
stock
and
surplus of subsidiary, $2,118;
funded
debt, $82,208,000;
accounts payable, $8,716,272; accrued interest on funded
debt, $408,016;
preferred
of indebt¬
subsidiary, has invested I.C75.000
Ltd. The latter company was established
under the auspices of Palestine Potash, Ltd. Its factories for the manu-»
330,000
LIABILITIES—$5
dend
refunding
or
,
$18,643,136;
and
accounts
$453,908;
$3,842,998;
loans
connection
93,440
condition
15,668
years) are for orchard
Installation,
livestock,
wholly-owned
a
irrigation.
1949
ASSETS—Plant
in
city-
in
the
of
the
Lyle
zones.
Fertilizers and Chemicals,
corporation
CONSOLIDATED
British
reserve
in
61%
a
Loan
1,337,257
146
$3,614,457
$9,312,645
preferred stock..1,000,000
1,000,000
common stock.—.....
5,549,776 11
4,325,893
on
ICC
Cr20,980
1,337,257
interest.
Applic. to Pacific Lighting Corp
Dividends
master
a
plants are situated in
villages in the most thickly populated sections of Israel's coastal plain.
of
Dividends
10
short-term
.,
Water
operations by
subsidiaries
of
minority
302,248
and
funded debc__
of
expense
Preferred
(net)
of
155,695
$13,278,212 $12,152,417 $10,564,393
2,539,513
1,825,649
1,394,555
debt
with
31,
waterworks and related projects.- Its principal business is
management of Samaria Water Co., Ltd. (wherein the corporation
a 37%
interest!, Sharon Water Co., Ltd. (wherein the corporation
domestic
$11,996,722 $10,340,472
110,478
income
Interest
Other
$13,167,734
.____
Dec.
interest), and Water Co., Aleph Ltd. (wherein Palestine
Water Co., Ltd., has a'60%
interest). The latter three companies are
public utilities furnishing water .to. some 30farming settlements for
of
Net
at
59,500
owns
in the hands of the public.
At an
leasing arrangement before the ICC, Pennroad
tection of its interest,
manages
7,954,051
-3,422,580,
unleased
Corp. of New York, a wholly-owned subsidiary,
in sundry matters in the United States.
Mortgage
The
areas.
14,259,625
retirements—,
subsidiary, owns and
the 2,000-odd acres
Of
recommended
9
4
Wheeling & Lake Erie RR. properties.
standing
shares
62,828,089
Taxes
of
all
and medium
and long-term
mortgages from 10 to 20 years.
These
mortgages constitute not more than 20-25% of the value of the land
and building and are
usually repayable as to interest and capital in
:.i
$101,308,279 $32,185,470 $69,665,834
revenue.
requirements
Pennroad
sion
accordance
to
fund
lease
of
corporation
grants
in
12 Months Ended March 31—
in
(up
NON-SUBSIDIARY
Pacific Lighting Corp. (& Subs.) —Earnings—r V
Gross
State
18
mortgage
has
financing will provide additional funds for carrying
on the company's large .expansion
program rto serve the needs of fts
rapidly developing area of operations in Northern and Central Cali¬
proposed
the
producers',
transport,
water
and
credit
cooperatives.
months) are generally for operating capi¬
purchase of fertilizer, fodder, seed and fuel.
to
crops
and
cor¬
undertak¬
Palestine,
Ltd.,
a
to
co-operative
consumers', purchasing, mar¬
subsidiary, grants first
has
will
comprises
and
Corporation, Ltd., a wholly-owned
in sundry matters in Israel,
Palestine
acts
the
issue
unsold
include
service,
loans
the
business
''
■
adjoining Haifa.
remained
being
of
record
in
COMPANIES
wholly-controlled
a
balances
(2317)
corporation
the offering will be made
The
which
cash
edness.
date of
be reg¬
later.
that
past
worthwhile
development,
agricultural
machinery,
water
mixed farming, roads, farm buildings, housing
$80,000,000
the proposed issue will be determined
istered with the SEC and it is expected
in the latter part of June.
The
plans within the next few
for authority to
of its first and
26,
U.
bidding
in
"'t.'.'.V.vv
rural
company
The
time.
carries
Co-operative Institutions
subsidiary,
grants
secured
majority-controlled
Winchester
anticipates starting deliveries
against allotment orders by mid-summer.—V. 168, p. 2123.
The
also
Palestine
/
land
are
It
engaged
1,320 acres
lands
These
Central
frame
third
the
Co.
solid
action,
CHRONICLE
prepared by Sir Patrick Abercrcmbie,
well-known
planner, and are divided into industrial, residential and
tal,
Industries, Inc.—New Winchester Gun—
Winchester shotgun has been announced by Colonel W. F. Siegof this corporation,
parent organization of the Winchester Re¬
peating
time
has
tract of
a
Intermediate
is
that
Land
developing
keting,
I
new
mund
it
York.
'A.'-,
Short-term
A
New
from
that
in
of
SUBSIDIARY
of
South
FINANCIAL
plan
is inviting sealed, written proposals for the purchase
$10,00,000 1st mortgage bonds, series due June 1, 1979.
proposals will be received by the company at Room 1100, 231
company
it
State
acquired, about
Oklahoma Gas &
The
the
and
1948.
from
in
poration
are now
Broadway,
New
presently
banks
in
Israel.
1978,
&
purchases securities or does both in various corporations.
It owns
no
physical property.
It holds securities lor safe-keeping and tem¬
porary investment in the State of New York.
It carries cash balances
ings,
Ohio Public Service Co.—Definitive Bonds—
Definitive
COMMERCIAL
ICC
franchises
on
May
the
ot
Ry. Co.—Merger,
9
authorized
company
into
the
the
etc., Approved—
merger
the
of
Chesapeake
&
properties
Ohio
Railway
and
for
ownership, management, and operation.
The Report of the Commission
the Commission
By
report
approved
merger
Petition
and
under
of
the
for
order
section
Pere
review
on
Reconsideration by
follows:
of
April
5(2i
of
Marquette
was
filed
1,
1947,
the
Ry.
before
a
division
Interstate
4
authorized
and
Commerce Act,
the
Chesapeake & Ohio Ry.
statutory court.of three judges
into
The
.
division's order. On
to
for
us
the
of
ion
the
parties
the
-
prospects. It found that, all things considered, the merger
to these
appellants ih new stock the fair economic
equivalent of what they already held. It considered the deal just
reasonable on an exchange basis for a continuing enterprise. But it
terms
be remanded
its opinion,
District Court,
proceeding to us. By
such recon¬
by the opin¬
Supreme Court; and invited the submission of briefs by
upon the question of the justness and reasonableness of
the lower court, and ordered that the case
reconsideration under the principles expressed in
Itesponsive to the mandate of the Supreme Court, the
by order entered June 30. 1948, remanded the
order of July 27. 1948, we reopened the proceeding for
sideration, upon the present record, as may be required
judgment of
Briefs
and
.
assenting
stockholder interveners' •
(Travelers Insurance Co., Samuel
Gertrude
issues
are
since
the
ment
W. Savage,
generally that under the remand it is our
and fully on the merits the question of allo¬
stockholders. Applicants maintain that the
only question presented by the remand is whether we considered the
preference rights attaching to the preferred stock in the event of
actual liquidation
to the extent that they may affect intrinsic or
market values. Prior to passing on these contentions, we will review
briefly the issues raised on the appeal from the order of April 1,
1947, and the decision of the Supreme Court.
Schwabacher decision—In the prior proceeding, interveners Schwabacher et al, contended that they were entitled under the laws of the
State of Michigan to the benefit of certain charter. rights, that in.
a
merger
proceeding under section 5 of the Interstate Commerce
Act ' this
Commission, under the plenary and exclusive jurisdiction
conferred on it by the act, was the one and only forum in which
such rights could be enforced; and that unless we adjudicated the
claimed rights and made appropriate provision for their enforcement
we would fail to perform
our lull statutory duty.
In. the report of April 1. 1947, the division concluded that, having
reached the factual conclusion that the terms and conditions pro¬
posed by the applicants were just and reasonable "performance of
our duty, in
respect to stockholders is complete, in our opinion, when
contend
^
duty' to consider anew
to
dissenting
cations
a
further
4
Division
as
stockholders of the same class are
that all
make certain
treated alike."
we
treatment
of
that
concluded
a
said that
settling
litiga¬
standpoint
of such
which such
»_
expendi¬
.
■
,
length the relative l
regulating and
functions under
Act in such
proceedings. With respect to the division's conclusion that the Com¬
mission
did not have
exclusive jurisdiction to enforce interveners'
charter rights under Michigan law, and the finding that any settle-,
ment of such rights through negotiation or litigation in the courts
would not involve a burden of excessive expenditures, the Court said:
Iq its opinion, the Supreme Court discussed at
function and authority of Federal and State law in
approving
voluntary railroad
mergers, and our
section 5 and section 20a of the Interstate Commerce
has found that the liabilities
asse.rted by the appellants, if settled by litigation or negotiation, will
not
impair the 'carrier's ability to perform its service, but it has
not/found the assumption of such liabilities to be compatible with the
public interest under section 5 and section 20a, * *; *
"it appears to lis inconsistent with Ith'e Interstate Commerce Aot
for lthe Commission to leave claims growing out of the capital struc-1
ture of one of the constituent companies to be added to the obliga¬
tion's of the surviving carrier, contingent upon the decisiqn of some
other tribunal or agreement of the parties themselves. We think that
the'Commission must pass upon and approve all capital liabilities
which the merged company will assume or discharge as a result of
the'merger. * * * * We think the Commission was in error in assum¬
ing;; that it did not have, or was at liberty to renounce or delegate,
power,
finally to settle the amount of capital liabilities of the new
company and
the proportion or amount thereof which each class of.
stockholders should receive on account of its contributions to the new
"The
Commission,
we
as
have
seen,
entity."
...
.
law, the Court said:
In
in a merger as to
justness and reasonableness, it is not the promise that a charter made
to him-but the current worth of that promise that governs, it is not
what he once put into a constituent company but what value he is
contributing to the merger that is to be made good.
*
? . ..
?. * ' Consequently, the liquidation preferences
were . only, one
factor
in \ valuation
rather than determinative
of amounts pay¬
With
the asserted claim under State
appraising a stockholder's position
respect to
*
*
able.
contemplates merger as
continuing the enterprise, it follows that what Michigan
give these dissenters on a winding-up or liquidation is
except insofar as it may be reflected in current values
they are entitled to an equivalent."
In
Federal
the
"Since
law
clearly
has
Commission
found
roads
believe
in
it
neither
opinion,
our
accordance
the
present
the
transportation
issues
without
any
consideration
of
and equities of the .shareholders. As stated by the court:
Z
continued
Intrinsic
rwmic
•
" '
rights
•
•
Commission, however, did not consider that a long
and the
default
commission
the
prospect
or
market
of
value
further
of
the
default
stock
in
added
greatly
exchange. Its
w^s an the stock's rather than a legalistic one. The
economic past
considered
yield,
present
market
value,
alongside
operates
which
Expand—
Portland,
j2-inch line between
a
pipe: and
existing
the
of
22-inch
work should
that
line will
be fin¬
November.
in
corporation,
Schultz said,
Mr.
the steel for
has been promised
project.
The
addition,
average
he
double
than
more
will
added, will cost "several" million dollars and
67,000-barrel capacity.
The enlarged' system
will
the
it was stated.
barrels daily,
140,000
to
up
Powdrell & Alexander, Inc.
(&
Subs.)—Earnings—
(Including Gosnold Mills Corp.)
Quarter Ended—
;
'
Net
sales„U„it%—.
Net
profit after
and
,
'
Apr.*3,'48 Mar. 31,'47 Mar. 31,'46
$6,958,500 $5,267,846 $4,273,147
Apr. 2,'49
$4,610,081
f32,964
after
reserve
of
570,061
*545,329
Nil
$0.91
share___
per
::'Also
;
•
charges
taxes
Earned
.-
548,797
$0.91
$0.95
tNet loss.
$200,000 for contingencies.
liabilities at April 2, 1949, amounted,
to
$8,445,004
and $2,300,390, respectively, for a current ratio of
3.67
to
1.
Consolidated working
capital amounted to $6,144,614.—
Total current assets-and current
V.
169,
2213.
p.
-
The'stockholders
/
authorized
from 1,250,000 shares to 1,875,000
preferred stock (par $100) from 250,000 to
They also approved a Retirement Plan for employees
and its subsidiaries.—V. 169, p. 1586.
authorized
the
shares:
375,000
•
the .company
of
.*
on May
stock (par $201
common
and
shares
,
Colo.—Capitalization Increased
23 approved a proposal to increase the
Service Co. of
Public
Hampshire—Sale of Stock
Approved—Competitive Bidding Rule Upheld—
The company on May 23 received SEC authorization to issue and
Public Service Co. of New
<
of
However,
:
Marquette
stocks could not withdraw
reason
in the merger
"...
rights
their
requiring some explanation can do better by negotiating with a
underwriter than by public invitations for competitive bias.
that
the
free
forces of a
competitive market should
determine the terms of the proposed sale."—V. 169, p. 2213.
record
selected
Public Service Co. of
Okla.—^EC Approves Financing
has received SEC authorization to issue and sell, at
competitive bidding, 50,000 shares of a new series of preferred stock,
The
company
($100 par).
.cumulative
The
stock is to be offered for sale at com¬
petitive bidding, which will determine the dividend rate, offering
and underwriting terms.
Proceeds will be used to finance, in
■
construction program through the
$23,285,000.—-V. 169,. p. 2213;
A,
company's
ing
of
price
part,
1951 aggregat¬
year
terms-of
the*
merger
80
<
Vice-President—
Manufactur¬
Vice-President of Pullman Inc. in charge of
succeeding Louis S. Taylor, retired.
Mr.
Dudley will also continue as Vice-President of Pullman-Standard Car
Manufacturing Co.—V. 169, p. 2213.
H.
Dudley,
M.
Vice-President of Pullman-Standard Car
has been elected
and
:
Co.—Sells Its Marketing Facilities in
Pennsylvania—
in
eastern
retail marketing
announced it had sold its
Gulf Oil Corp., the transfer of
The sale price was not divulged.
Pennsylvania
to
properties to be made June 1.
the
East¬
;
This company on May 19
facilities
agreement of the parties themselves,
should be modified to eliminate
accounting,
Oil
Pure
ern
Rojiert McElroy, Vice-President, said the company will continue the
of its deep water terminal at Marcus Hook, Pa., on the
River south
of Philadelphia.
He said plans are now in
progress to modernize facilities at this site.
•
operation
Delaware
'
.
'
disposal of these retail
"The
company's
program
of
Bakeries
Corp.—Earnings
Com.
Earns,
will be consistent
per
Co.—Weekly Output—
Vice-President Appointed—
Leslie J. Woods, who has a long record, of .commercial engineering
experience in the electronics industry as a member of the Philco
organization, has been appointed Vice-President, Direptor of Research
and
Engineering,? to direct all engineering and research activities
of the Philco Corporation,
it was announced by William Balderston,
share
Communications, Inc.
RCA
of this company and its subsidiaries for the week
1949 amounted to 139,480,000 kwh., an increase of 1,703,000 kwh., or 1.2%, over the corresponding week of last year.—•
V. 169, p. 2213.
21,
$1,099,346
808,045
$1.37
"Apr. 19,'47 Apr. 20/46
$960,909
$930,672
808,045
793,026
$1.19,_
$1.17
Interest, depreciation, Federal taxes, all
for minority interest.-—V. 169, p. 1889;
•'After
deduction
The electric output
Apr. 17/48
$882,896
805.045
$1.10
profit
shs. outstdg.
of concentrating
169, p. 1117.
—
Apr. 23/49
16 Weeks End—
*Net
with the public
marketing facilities is in line with the
of its marketing outlets," Mr.
consolidation
said, "and is in accordance with its policy
sales volume in areas contiguous to its refineries."—V.
McElroy
'
Purity
rights, title, and interest of the Pere Marquette Railwaytransactions within the scope of section 5(2); that the
terms and conditions proposed, modified to eliminate the provision for
cash alternatives to conform with the ruling of the Supreme Court,
are
May
'
2213.
finance
franchises,
Philadelphia Electric
p.
ing Co.,
and
control,
ended
169,
7.—V.
Pullman Inc.—New
agreement
reasonable; and. that the transactions
interest.—V. 169, p. 2213.
office,
June
peake and Ohio Railway Company for ownership, management,
operation, and the acquisition by the Alleghany Corporation of
through The Chesapeake and Ohio Railway Company, of the properties,
just and
as a whole of $75,006,000 first and refunding
series due 1979, will be received by the company at
Park Place, Newark j, N. J., up to 11 a.m., (EDT),
for the purchase
Bids
its
Upon "reconsideration, we
find' that, subject • to conditions pre¬
scribed in the report of April 1, 1947, the merger of the properties and
franchises of the Pere Marquette Railway Company into The Chesa-"
Company,
V
mortgage bonds,
these-provisions for cash alternatives.
CONCLUSIONS
Gas Co.- -Bids for Purchase
Public Service Electric &
of Bonds—
of the Court's ruling, however, that it was erroneous to
the provisions of the merger agreement permitting the settle¬
the claims
of dissenting stockholders- contingent, upon the
decision of some other tribunal or
are
conclude
We
In-view
approve
ment
of
-
incurred
the report
the
•the
Proceeds will
and other corporate
the same.
short-term bank borrowings
financing of construction expenditures.
application for exemption from competitive' bidding,
the Commission stated:
"Rule U*50 is a rule of general application
based on weighty considerations of public policy, and exceptions from
its requirements should be granted only under unusual circumstances
where adequate showing is made that competitive bidding would not
be appropriate.
No such showing has here been made.
Wc see no
peculiar facts in the history of
New Hampshire's earnings which
cannot
be
fully
understood by any interested underwriter without
prolonged indoctrination.
The recent drought in New England and its
effect upon hydro-electric operations in the area are already gener¬
ally known to those who. make it their business to keep abreast of
such matters.
No company can
ever expect
to enter the financial
markets with a perfect score on every point, past, present and future.
Nor can
it be demonstrated that a company which has an earnings
of April 1,' 1947, division 4 found 'that any settlement
dissenting stockholders based on State law through
negotiation
or litigation in the courts which might result in the
dissenting stockholders receiving settlements in excess of those pro¬
vided for in the merger agreement would not involve a burden of
excessive expenditures. This,
the court held was error, and that it
was
incumbent
upon
us
to
find all capital liabilities which the
merged company will assume or discharge as a result of the merger
will- be- compatible
with the public interest. Since we are of the
opinion that
the dissenting stockholders should not be given any
better treatment than has been accorded other holders of stock of the
same
class, nor should they be permitted to withdraw their capital
from the
company
resulting from the merger, except in accordance
with the terms of the merger,.the merged company will not be re¬
quired to assume capital liabilities in excess of those contemplated
.by .the merger agreement,- Division 4 previously found in the report
of April
1, 1947, that the assumption of capital liabilities contem¬
plated by the merger agreement would be in the public interest, and
we
now affirm
such finding. Accordingly, we consider it unnecessary
to treat of this matter further herein.
•.? v
IA
of
offering price will bo
the
denying
the
,
interim
the
for
terms.
OF CAPITAL LIABILITIES
public
including repayment ot
purposes,
believe
ASSUMPTION
the
and
applied to the company's construction program
be
Pere
to
The stock is to be offered for subscription, by stockholders upon the
of one-eighth of a share of new stock for each share of stock
However, New England Public Service Company, parent,
owner
of 58.9% of the outstanding stock, has waived its preemptive
rights in the new issue, amounting to 61,732 shares.
The entire issue
will be sold to underwriters, subject to the preemptive rights of public
stockholders to acquire 43,072 shares.
The subscription price to stock¬
holders
could' be
the
Had
was
exemption
>,:.v ;
basis
holders
dividends
of
rule.
presently held.
In
Pere
sale from Its competitive bidding
of the
made to holders of the Pere - Marquette
Marquette continued as a separate company,
that, in view of the facts of record, all
arrearages on the prior preference and preferred stocks would be paid
-and- that dividends would- eventually be resumed on the ■ common. It
was
the prospect of ultimate payment of these arrearages and the
resumption of payment of dividends on the common, rather than any
possibility of actual liquidation that weighed heavily in giving in¬
trinsic
or
market value to the several classes of Pere Marquette
stock, whether that company were to continue its separate existence
or
merge with some other company.
The record shows further that
the holders of only a small percentage of Pere Marquette stocks were
willing to speculate on the possibility of obtaining full liquidation
preference under the company's charter. Market opinion as reflected
in market quotations discounted heavily any such -possibility;" Under
these
circumstances
little
weight
was
and can be r given to the
liquidation preferences as such. In our opinion, these rights were
given adequate consideration by the Division
in reaching the con¬
clusions stated in the report of April l, 1947, and are fully reflected
there
l04,804 additional shares of common stock ($10 par).
the Commission denied the company's request for
sell
the
common.
that
veJ®rs that our approval of the merger was limited to determining
public
.
,
from
both
ment
;
appropriate
with
the
the company resulting from the merger, the
prior preference stock and the. preferred stock Were
entitled under the provisions of their charter to receive payment of
all
dividends accrued and accruing on their stocks before any pay¬
irrelevant,
nor needful
to hold a further
record is adequate for making
principles' laid down in the opinion
of the Court, It is settled that where findings can properly be made
the original record, no furthpr hearing is required.
We do not agree with the position taken by certain of the inters
In
nndings
holders
While
for which
held.
We
.
(Me.) Pipe Line Corp.—To
and Montreal, Canada, beginning in June will add a
Frederick C. Schultz, President, said the new 236-mile
The
country.
the
of
capital
of
.
ue
704.
p.
*
step inlaw might
the j-extent that, they may affect intrinsic or market values;-, ^
Certain of the interveners argue that since the Court also discussed
the principles as to how the apportionment in
the merger exchange
should be made,, it intended by its remand that we should reconsider
all relevant
factors applicable to the justness and reasonableness of
the* qierger agreement, despite the fact that the only specific question
before the Court other than the question of our jurisdiction was the
weight to be given to charter rights under State law. In this connec¬
tion,-.interveners Schwabacher et al. contend that we should hold a
further hearing to supplement the record by current financial data,
and to permit them to present expert testimony and other valuation
proof. They argue that in the prior proceeding, they apart from their
contention that we possessed plenary and exclusive jurisdiction, main-'
rained that the measure of the equities of the preferred
stock, in¬
cluding
accumulations
of
unpaid
dividends, had been taken into
account neither in the merger plan nor subsequently in
the report
of April l, 1947, and that in order to enable them to support#what.they
consider to be the proper theory of the case, a further hearing should
hearing.
ished
law
Michigan
a
to
169,
corporation
laid
be
concerning liquidation do not survive the
decision we are not to consider these rights
as if actual liquidation
has occurred. Nor do we understand that
any'of the interveners contend to the contrary.
As the court said:
#
congress has made no provision by which minority stock¬
holders, dissatisfied with a proposed railroad merger, may block it or
compel retirement of their capital. » * * And since Congress dealt
with the subject of stockholders' consent, its failure
to provide for
withdrawal of nonconsenting capital cannot be considered an over¬
sight to the supplied by us. A part of the capital dedicated to a rail¬
road
enterprise cannot withdraw itself without
authorization any
more than all of the capital can withdraw itself and abandon the rail¬
road without approval.
It must submit to regulations and to read¬
justments in the public interest on just and reasonable terms.
Consequently, any value that can be placed on the liquidation
rights of the dissenters must be only one that reflects the factual
probability or improbability of an actual liquidation taking place at
some
particular date. The report of April 1, 1947, shows that the
Pere Marquette
was one of the essential transportation facilities of
the country, and could not have been dissolved, liquidated, or wound
up
without serious disadvantage to the public interest. The record
also shows that the Fere Marquette existence could not have been
terminated at any time short of an abandonment of all of the rail¬
considered to the extent that they may
the
line.
under the court's
those rights are to be
affect intrinsic or market values.
what the appellants are given
in this plan is just and reasonable, the record indicates that it may •
have declined to consider these claims, even if they are. found to have'
some
effect on
the intrinsic value of the stock because
it lacked
jurisdiction. Under these circumstances, we, cannot be sure that in
arriving at its conclusion that the plan' Vas just and reasonable it !
did; not exclude some factors that it should consider under the views "
set out in this opinion. We therefore reverse the judgment below and
remand
the case to the Commission for reconsideration
under the
principles herein expressed."
; \
//.'?;/ v v/■/.
As
we
read the opinion, the Supreme Court laid down the prin¬
ciples that
this
Commission
is the exclusive
and plenary forum
under sections 5 and 20a of the Interstate Commerce Act independent
of all other State or Federal authority, and that any rights granted to
stockholders on a winding-up or dissolution, do not survive a merger
agreement approved by the requisite number of stockholders and ap¬
proved by us as just and reasonable, but that we, in determining"
whether, a plan is just and reasonable,
must consider such rights
"*
Vice-President
Pitt,
Portland
This
'•
Maine,
these
of
concluding the Court said:
* :■' *
In
making
that
determination,
While
consideration to these questions.-
merger,
question not within our province to decide." The division also
its conclusion did not preclude the dissenting stockholders from
their controversy with the applicants through negotiation and
tion-in the courts. Being concerned,
however, • from the
of public interest as to the effect of the ultimate settlement
claims,
the division explored the various bases upon
claims might be settled, and arrived at the conclusion that "consum¬
mation of the merger will not involve a burden of excessive
in charge of industrial division, and
in charge of finance, have been elected
Vice-President
Woods,
J.
directors.—V.
submission of briefs upon the
visions
J
Smith,
law
RIGHTS—The liquidation rights of the Pere Mar¬
stock are described above in the margin of the report.
rights entitle holders of the preferred to preferential
treatment of a particular nature in the event that a liquidation oc¬
curs, but only in the event of actual liquidation.
Until actual liquida¬
tion occurs it is only an inchoate right.
Although the rights alleged
to have' been granted to the dissenting stockholders under the pro¬
to be
Woods will be assisted by David B.
and Enginecring.-
Mr,
Research
Two New Directors Elected—
Leslie
Courtney
LIQUIDATION
Briefly,
Division.
the
of
capacity
new
Vice-President,
quette preferred
"whether dissenting stockholders
merger are entitled to better
with the Pere Marquette is a
ture?'
limit -our
car
.,
.
invited the
we
will
we
class created by the
under their charter contract
-member
In. his
question of the
justness and reasonableness of the terms of exchange of securities
under the merger agreement, our order reopening the proceeding was
.for such reconsideration as may be required by the opinion of the Su¬
preme Court.
In our view, the Court has directed us to reconsider
the report and order of April 1, 1947, primarily to make certain that
the
liquidation rights attaching to the preferred stock were con¬
sidered to the extent that they may affect intrinsic or market values.
Also, we must find, in the event that the Chesapeake & Ohio will
assume
capital liability in excess of those proposed by the merger
agreement, that such assumption will be compatible with the public
interest;
To broaden the issues under these views ..as urged by the
interveners would be both unnecessary and inappropriate. Consequently,
While
returned
Woods
Mr.
war,
company's
Industrial division,
which
of. automobile radios to the motor
sale
Vive-President
clearly contemplates merger as a step in
continuing the enterprise, it follows that what Michigan law might
give these dissenters on a winding up or liquidation is irrelevant ex¬
cept insofar as it may be reflected in current values for which they
are entitled to an equivalent.
It would be inconsistent to allow State
law to apply a liquidation basis to what federal law designates as a
basis for continued public service.
Federal law requires that merger
term's be just and reasonable to all groups of stockholders,
in con¬
templation Of the continued use of their capital in the public calling
to which it has been dedicated."
unnecessary.
Interveners
say
federal
the
"Since
Joseph A Bauer,
preferred stockholders
argument. Howeyer,
in their briefs, we deem oral argu¬
treated fully
to
..
Schiff ct al., and the Pere Marquette
Certain of the interveners request oral
committee.
undertake
to Philco as Manager of
handles the development
industry and also the
development and
production of aircraft radio and advanced radar
equipment for the armed forces.
In October, 1948, he was elected
the
Following
the
and
whether, under the letter of their charter
as
construed under the law o/ Michigan, the preferred stockholders
may net
have a contract that would, exact more than an economic
equivalent."
As we
road the last sentence of this excerpt, we - are not required
to determine whether,
under the letter of their charter as construed
under State law,
the dissenting stockholders are entitled to more
than an economic equivalent. The court says:
the merger i;, agreement.
applicants and certain nonAlbert E, Schwabachei et al.,
The
gave
not
did
of exchange of securities under
have been filed on behalf of the
terms
Monday, May 30, 1949
CHRONICLE
future
and
Richmond Division, which sustained
appeal, the U. S. Supreme Court reversed the
District of Virginia,
in the Eastern
the
& FINANCIAL-
COMMERCIAL
THE
(2318)
10 :
Opens
other charges
and
Radiotelegraph
Service to Formosa—
Opening of direct radiotelegraph
service between San
Formosa, was announced on May 24 by
"The new
circuit supplements existing
Taipeh,
President.
Formosa
via Manila.—V.
1C9",
p.
Francisco and
Harry C. Ingles,
facilities to
RCA
2213.
Philco Corp.—New
President.
.
«
Remington Rand, Inc.
—
Seeks Recovery of
General
Aniline Stock—
The
the
motion for leave to intervene in
Interhandel to recover from the Attorney-General
corporation on May 19 filed a
suit brought by
Volume
shares
of
169
stock
Number 4807
of
the
General
Aniline
THE
Film
&
handel
before they were taken over by the Alien
Remington Rand Inc., claims to have a lien on
an
option from Interhandel to purchase them
livery of the stock, under the option, was to be
Inc.
if
returned
Interhandel.
to
Inter-
by
for
made
to
Definitive
De¬
Remington
Patrick
B.
President
of
William
To Increase "B" Common
T.
companies,
special
meeting of
stockholders
will
held
be
M.
29, to act
the purpose
of simplifying
the capital
and eliminating
on
a
gradual
basis the
existing method under which officers and
employees may participate in certain profits of the company.
The
plan provides for according the same voting rights to holders of "B"
common
stock as are enjoyed by holders of. common stock,, one vote
per share,
and for granting to holders of common stock the option
to
exchange each of their shares for 1V* sliaies of "B" common
plan
a
stock
at
change
for
time
any
is
in
prior
line
with
June
on
board of directors
structure of the company
by
the
March
to
the
31,
The
prices
1959.
market
average
addition,
original
employes
the
participation
of
excess
10%
the
for
1%
It
of
is
base
1949,
each
"B"
as
in
commencing
in
is
The
St.
and
option,
stock
recent
from
it
that
that
The
and
plan
is
also
stock
15,000,000
for
of
the
discontinued.
been
charged
Discontinuance of
the
shares
submitted
held
of
in
the
"B"
fund
will
be
the
200,000
reclassified
stock.
commcn
shares
15,
These
into
200,000
fund,
not affect
shares
the
stockholders
other
than
the
shares
has
of
of
declared
been
the
over
long term of
a
state
with
years,
what
the
two
future
excep¬
rate
of
number
same
York
169,
p.
greater
a
Henderson
linal
Buffet
for
fixed
largely
Mr.
though
restaurant
Trust
Co.,
New
York,
Y.,
N.
has
certificates
169, p.
dated
Jan.
15,
1949, "and
been
appointed
serial equip¬
2Va%
serially 4o
due
said
Taggart
Corp.
169,
capacity.
the
than
sale
increase
the
the
of
food sales
were
be
must
Occupancy also
remains
Industries, Inc., a subsidiary, had
Exchange Buffet, Inc. for the transfer
Thompson's Spa
restaurant
business.
witn
the
has
leased
Income
the
from
buildings
the leases
it
to
owns
will
Exchange
and
taxes
cover
Thompson Industries but will
not
cover
all
the
$150,000 depreciation on the buildings.
Thompson Industries, Inc., is row looking for profitable enterprises
the
restaurant
field
in
which,
to
and
engage,
hopes to alter
building m Boston,
seven
top floors of the mair Thompson's Spa
Into profitable offfce space.
L.
Moore,
Hotels
that
95%
Webb
—V.
&
Vice-President, said a letter to stockholders of
Inc., in which Sheraton held 30,000 shares, stated
Co.,
of
Ford
Knapp,
114.
169,
Hotels
Inc.,
stock
had
been
a
recent
following
tendered
offer
for
by
purchase
that
b,v
company.
p.
Shomee Oil Corp. of Missourir—Stock Offered—John R.
Kauffmann & Co., St. Louis, Mb., on May 15 offered
150,CAPITALIZATION
stock at par
common
GIVING
EFFECT
TO
SALE
($1).
OF
THIS
ISSUE
Authorized
Class
A
common
(par $I)__„
Class
B
common
(10c
is
to
$151,000
250,000
in
engage
Outstdg.
$250,000
150,000
par)—
general
oil
business, including the
buying or otherwise acquiring oil and mineral lands, properties, leases,
subleases and assignments of all
kinds; and the managing, operating,
or
selling,
a
subleasing or assigning;, or. otherwise dealing in or with,
mineral
lands
or
properties,
leases,
subleases,
and
.,
said
1819.
p.
of
some
the
Thompson
of
years.
Corporation
belDW.- -V.
greater
of
said
of
enarges
Jan.
1997.
much
because
Henderson
_
agreements
20
1948,
year,
000 shares of Class A
paying agent for $1,870,000 series "BB"
1959.—V.
suit
of
Felix
C.
Bencvenga
on
Court
a
settlement
of
brought ir. connection
the
to
Oil
The
purchase
its
23
approved
six-year-old
a
with this
certain of
of
May
and
New
and
and
proceeds
capital
York
derivative
corporation
properties
in
stockholders
involving in part
warehouses.
to
The
State
of
the
out
carry
sale
the
of
management
of
this
stock
provisions
the
of
is
the
corporation
to
be
for working
paragraph.
used
preceding
consists
of
Paxton
President; Arthur D. Herring, Vice-President; John R.
Vice-President; Wendall P. Blanton, Secretary;
Arthur
Treasurer.—V.
169, p.
H.
Gray,
Kauffmann,
D.
Herring,
1568.
The
proceedings were brought originally against Charles E. Merrill,
of his family and certain
corporations and partnerships in
which either he or his
family were interested. By the terms of the
settlement Mr. Merrill will
pay Safeway $200,000.—V. 169, p. 1997.
Southeastern Public Service Co.
members
shares
of
last
of
Exchange Buffet
Thompson Industries
Robert
on
impossible to
168, p; 1698.
be.—V.
Bankers
Supreme
stock
common
Mr.
Ford
the
on
record
of
to
In
New York City.
to
the
Safeway Stores, Inc.—6-Year-Old Case Closed-
San Jose Water
910.
Rhinclamler Paper Co.—Earnings—
of
recently
was
holders
in
ahead
outside
1531.
p.
May 20. This com¬
March 10, last, and on Dec. 10, 1948,
10, June 10 and Sept. 10, 1948.
Clinton
board, on May 9 said that a dividend has
rates
was
Operating
Oper.
wholly-owned subsidiary)
31—
deprec.
exps.,
and
1948
1947
$1,478,934
$1,405,681
$1,255,374
1,007,451
_
965,837
815,294
taxes—___
earnings
predecessor,
Southeastern
Corp.,
period prior to June-1, 1947)
1949—3 Mos.—1948
revenues.
subs.,
and
1949—12 Mos.—1948
$1,156,854
$994,649
$3,820,566
$3,570,927
627,634
543,130
2,226,894
2,063,592
_____
63,803
48,847
£27,314
239,588
deprec. & depl.
95,374
81,588
344,071
323,297
Operation
_
Maintenance
Prov.
(& Subs.)—Earnings
of
for
Operating
1949
revenues
(Including
Period End. Mar. 31—
Works—Earnings—
12 Months Ended March
(Exclusive
to
Hotel
in
gained
satisfactory levels.
Gerrould
on
31
Henderson, President.
the fourth quarter were
in
share
a
attributed
signed
elected
March
on
it
would
justice
the company's
of
Sheraton
at
Ernest
to
gains
cents
this corporation in the fourth quarter of Its
were about
equal to the 24 cents a share
the final quarter of the 1948 fiscal year,
Jan.
operations
assignments.
shares,
company.—V,
and
two
elected
St. Regis Paper Co.- -Proposed Consolidation-
together with 800,000
presently unissued "B" common stock, will be used in the
of the outstanding 800,000 shaves of common stock owned
of
exchange
by
stockholders
to
that
share
per
10
share paid
per
at varying
and
ment'trust
company
employees' retirement plan, adopted in 1946,
the costs
are
charged directly as operating expenses.
Under the plan
which
New
shares.
present
be
Gardner,
the
authorized
200,000
the
against
will
fund
of
been
earnings of
ended
from
running
has
Year Ago—
a
year
according
Capital
four
St. Louis Brownsville & Mexico
Ry.—Paying Agent—
standing on the books of the company at $1. This fund
since the retirement plan established in
1929,
have
resigned,
company's retirement
held
are
Inc.,
Counsel.
also
as
Operating
fiscal
be
common
the
by
issuance
cents
Chairman
paid
See
which
in
"B"
of
number
the
for
discontinuing
fund
to
shares
of
75
each
in connection with the exchange
increase
to
Crane,
dividends
needed
which
of
costs
provides
investment
longer
no
the
shares
additional
will be available
requirements.
future
insurance
common
advisable
they
for
number
13,000,000
contemplated
thought
is
provide
authorized
the
and
Co.,
Lead Co.—Declares Smaller Dividend—
of
cents
The
increase
to
board
Shanks,
Pritchard
Harriet
General
as
committee
M.
Vice-President
Raymond
succeeding
reelected
payable June
with $1
75
been
by
of
Joseph
tions,
1950.
proposed
not
so
to
H.
in
percentage
elected
J.
the. executive
dividend
pares
when
profits
stock will be issued at this time except
shares
1959,
participation calculation will
years, but will be reduced
the
for
amount
same
common
it
eliminated.
be
the
or
year
further
While
will
by-law until
been
of
capital stock,
plan amends the company's by-law, adopted in
by stockholders in 1912, under which officers and
the
Treasurer,
has
been
the
11
Sheraton Corp. of America—Fourth Quarter
Earnings
Same
Mass.,
basis for this ex¬
of the two stocks
the
under
has
of
Realization
Roper Realization Co., Ine.—New President—
are
profits available for distribution
Chairman
See\John L. Roper Lumber Co. above.—V. 160,
permitted to participate in certain profits of the company
in proportion to their ownership of common stock.
Under the pro¬
posed amendment there will be a gradual reduction in the percentage
of
elected
May 23 are:
Joseph T. Kingsley, Chairman; William T. Griffin, Patrick B. McGin¬
nis, Ehvood E.
McClure,
Harold
Palmer, Stanley Lacshaw,
Edward
Raymond and Gerrould M. Rumble.—V, lbO, p. 871.
A
form
been
office.
new
a
and
Rumble
Members
for
long period.
a
In
its
recommended
has
this
Griffin
also
Secretary
A
McGinnis
both
company and the Roper
Norfolk, Va. He succeeds as Chairman, Carrol
and as President, Harold Palmer.
Co.-fExchange Offer to Be
—
(2319)
earned
(John L.) Roper Lumber Co.—New
President, Etc.—
Stock—
upon
in
In
its
(R. J.) Reynolds Tobacco
Made Common Stockholders
CHRONICLE
fiist
available
are
May, 1947, Remington Rand
rights under the option but thereafter Interhandel ad¬
vised Remington, according to the latter that it intended to repudiate
the option. (New York "Sun" of May 20.)—V. 169, p. 1889.
exercised
FINANCIAL
mortgage 3V>-% obnds, scries C, due Dec. 1, 1978,
exchange for outstanding temporary bonds at Bankers
Trust Co., 14 Wall Street, New
York, N, Y.—V. 169, p. 1012.
reason
$25,000,000.
&
Rockland Light & Power Co.—Definitive Bonds
Ready
Custodian. "
Property
the shares by
of
Rand
owned
Corp.
COMMERCIAL
for
_
Nonproductive well drill¬
Six Months Ended March 31—
Net
1949
sales
Cost
Operating
*1948
$7,041,609
sales---
of
—
$5,839,473
5,497,172
$1,696,280
494,578
Nonoperating income
481,267
—
:
profit
Packing,
sales
on
shipping,
general
—
selling,
expenses
administrative
before
Deductions
tProfit
from
operations.
income,
other
less
Net
$1,049,859
—
charges
14,225
.
$1,215,013
24,464
income
$1,064,084
Provision
for
Wisconsin
income
for
Prov.
Federal
income
56,672
447,550
——
taxes
(net)
_
taxes—--
possible
future
60,000
losses
profit carried
to
earned
Earnings
$573,563
$443,679
101,444
$342,234
$349,352
preferred
35,627
35,626
avail,
169,
for
$335,376
stock-
common
1819.
p.
$306,608
$313,726
$3.16
50,000
(par
L.
shares
$4),
John
class
A
working capital,
at
Glen
etc.—V.
$5
Y.
N.
Underwriter,
Proceeds
will
Office
be
used
Net
< Exclusive
of
SHEET,
MARCH
wholly-owned
The company on
Cash
in
U., S.
banks
.
Treasury
Beane.
subsidiary )
(at
cost)
U.
S.
Treasury
marked
tPlant
for
and
premiums,
747,973
•
obligations
in
825,268
128,878
(at
;
48,415
1,942,264
.
cost)
construction
1,240,025
300,000
6.960,910
798,544
2,669,872
3,293
3,114
progress—
169,
Accounts
payable
Accrued
liabilities—,-—-
for
———-
Federal
Long-term
notes
and
$416,406
under
-
inc.
taxes
236,150
177,574
V
1949
June
to
30,
3Vs'i—payable
63,539
-
credit
to
quarterly
for
notes
possible
Special
tax
850,000
Paid-in
on
1,050,000
1,800,000
inventories—
255,500
Total
at
as
to
conform
for
reserves
1948.
tAfter
and
with
deducting
$792,600
in
U.
of
S.
1948.—V.
Balance,
4,433,775
Earnings
used
$4,460,131
p.
of
March
1943
and
as
in
obligations
of
1949,
31,
$4,276,134
$788,720 in
,
issue
to
$10,834,800
of. 20,016
and
shares
360,700
issued
in
value
par
of
of
shares
of
for
on
like
a
has
authorized
the
company
.
stock, par $25, which will consist
stock, 52,676 shares'Of common stock
dividend
the
obligations.
rrincipal
basis
of
1,841,288
1,137,866
664,430
340,453
723,880
622,428
412,912
four
139,326
$190,205
—
output
this
of
21,815,000
The
kwh.,
$159,401
$438,700
$393,305
Co.—Weekly Output—*
for
company
compared
as
the: week
with
Natural Cas Co.
169,
p.
This-
amount
new
stock
new
of
shares
will
outstanding
for
be
$100
of
one
:
19.225
210,683
146,110
579,002
$316,025
579,832
$219,165
352,353
$895,857
earned surp.
$520,922
year-
37,504
37,226
$571,518
31,254
187,502
stock
stock
125,000
75,001
acct._
362,500
31
has
common
shares
set
price
a
which
of
it
$26
is
share
a
offering
Stockholders
The
1996.
common
in
$371,131
$465,263
750,000
750,000
250,000
$0.37
$0.75
share
banks
in
used
building and
$0.64
and
MARCH
31,
writer,
porate
Wm.
of
on
May 18
5'/a %
C.
filed
convertible
Roney
&
Co.
a
letter
purposes.
of
notification
with
debentures, due June 1, 1961.
Proceeds
1949
18,
for
the
cor¬
p. 2148.
141,858
stockholders
addi¬
through
,
record
of
June
6
will
have
the
preemptive right to
for each 10 shares held.
In addition, they
allotment, to such portion of the new stock
is not taken by. other stockholders under
their preemptive right.
subscribe
to
one
subscribe,
may
new
share
subject
to
.Transferable subscription warrants
to
expire at
3
(EDTi
p.m.
Subscriptions
to
are
be
June
on
tendered
to
are
be
dated June
and
6
are
28.
to
Central
Hanover
Bank
Trust
&
Co., 70 Broadway, New York 15, N. Y.—V. 169, p. 2215.
The
company's
streamlines
and
will
two
go
new
into
15-car
daily
Portland, operating
on
Diesel-powered
"Shasta
Daylight'!
service
a
President, announced May 23.
July
10
between San
Fran¬
15',2-hour schedule, A, T. Mercier,
The pair of luxury coach streamliners,
costing a total of nearly
$5,000,000,
will cut three
hours
from
the
best
present
train
time
the 71P-mile Shasta Route trip.
They will leave their respective
for
Mercier
the
7:45
at
said.
route
a.m.
and
Schedule
have
not
been
arrive
details
at
destinations
affecting
completely
at
11:15
intermediate
worked
out
ordered
nearly
as
p.m.,
points
yet,
it
Mr.
along
was
Cars
Mr.
the
for
Mercier
streamliners
new
pointed
were
ex¬
three years ago,
business,
on
at
NET
RAILWAY
out.
OPERATING
INCOME
OF
depreciated
amounts, $19,576; .office
amortization of $36,057), $83,944;
land
and
(less
for
reserve
fixtures
(less
total, $28,345,238.
for
reserve
depreciation
of
$60,309),
•
(unsecured),
$112,350;
$18,645,000;
1949—Month—1948
Railway oper.
Railway oper.
Net
will
be
used
for
y
Under¬
general
-
share
June
in
cor¬
-
TRANSPORTATION
$
1949—4 Mos.—1948
$
$
revenues-
43,015,275
46,714,718
167,796,999
expenses-
34,582,751
35,608,723
140,682,353
184,320,871
141,543,585
rev. from
8.432,524
11,105,995
27,114,646
42,777,286
insur.
102,713
625,658
398,871
2,578,601
retirement—
1,226,764
1,197,693
1,992,148
4,785,445
4,938,314
1,239,627
2,815,594
31,934
16,270
67,732
7,618,419
90,449
ry. oper.
Unemployment
Federal
Fedeval income
___'
Other
State, county & city tax.
1,676,616
$2),
p.
$1,500,000;
1271.
earned
surplus,
$874,918;
1,446,570
6,577,994
Drl0,036
175
Equipment
rents
(net>_
1,033,482
1,462,532
3.994,254
5,138,152
rents
inctt*
93,317
115,314
394,321
454,809
Net ry. oper. income—
2,377,563
4,249,811
8,0901471
16,128,779
Miscellaneous taxes
facil.
total,
$28,-
♦Before
7
provision for interest charges
nonoperating income items.—V. 169,
Southern
,
directors
on
10.
1948
and
the
A
were
Sept.
29
on
May
common
26
p.
on
Gross
—Week End. May 14—
as
payment
follows: Jan.
and
Dec.
29,
25
a
payable
was
7,
made
cash
June
on
dividend
27
to
March
March 30 and June
cents
each.—V.
169,
of
25
holders
last.
30,
29,
p.
cents
of
p.
or
other
1948
$
5,593,138
6,257,002
Jan. 1 to May 14—•
1948
1949
$
$
109,413,634 119,873,525
2215.
per
record
Southwestern Gas & Electric
Payments
20 cents
1712.
earnings—
169,
outstanding debt,
2215.
1949
declared
stock,
similar
5,829,588
Ry.- -Estimated Gross Earnings—
Pcriod—
—V.
SEC
P.
dividends
accounts
participating
-Serger Refrigerator Co.—Cash Dividend of 25 Cents—
the
S.
SYSTEM
Period End. Apr. 30—
Federal taxes:
1949
payable, accrued
loss
reserves(
$946,537;
reserve
for credit losses,
$300,000; deferred income; $1,663,498; mort¬
gage
payable
(not
assumed), secured by office building and land,
$83,943; subordinated
sinking fund note, 3 V2%, due Jan. 1, 1963,
$2,000,000; 5%
preferred stock (par value $25), $1,500,000; common
The
company
$300,000
the
on
to
warrants.
$
$74,918
shares
common
stock (par value
345,238 —V. 169,
old.
(H. W.) Rickel & Co., Detroit—Files With SEC—
for
May
kwh.
Subscription Price for
—
$
—V.
ended
2,649,000
year, an increase of 6.3%.—V. 169,
company
tional
subscription
terminals
27,721
347,282
LIABILITIES—Notes
payable
payable
(paid April
1,
1949),
taxes,
etc., $718,992;
dealers'
capital
guaranteed
exchange
stock,
new
139,819
plained.
to
preferred
March
automobiles
furniture
'
Commission
34,178
Joint
-
351/
thorized—
Commerce
1947
hand, $4,240,867; notes receivable,
$23,797,080;
repossessed
automobiles,
etc.,
cash
surrender
$69,766;
value of insurance,
$35,907; prepaid interest, insurance, etc., $78,758;
Richmond, Fredericksburg & Potomac RR.—Split Au¬
Interstate
'72,229
35,191
Southern Pacific Co.—Two New Streamliners—
'■
45,695
common
per
$19,340;
-The
1948
CONSOLIDATED BALANCE SHEET,
$14,718,258 $12,740;624
Treasury
168,
on
ASSETS—Cash
classification
depreciation
$604,860
89,971
Stock $26 per Share—
to
837,103
income taxes
carried
on
Number of
3,045,000
5,005,282
'———
"Restated
tAfter
88,750
1,950,000
under
3-31-49)
—
part
2,474,882
Transferred to common stock
469,850
103,750
restricted
Inc.,
Dividends
325,700
1,950,000
value)..
($4,162,993
in
for
'■
Federal
Dividends
3,045,000
agreement
$668,490
17,995
30,
bank
to
losses
par
for
Net
438,650
($10
surplus
loan
1949
payable
future
applied
company's current program
and
equipment.—V.
169,
1949
prov.
Balance, Sept. 30 in previous
1,250,000
—
Sept.
surplus
Earned
in
quarterly
1962——.
reserves
stock
to
plant
$1,099,924
30,
reserve
Miscellaneous
Common
Sept.
1958———.
30,
be
to
are
part
to
losses
30,
$62,500
Sept,
Long-term
Res.
in
ing pension trust-.
June
1953
30,
3-V;—payable
1958
which
and
additions
operating expenses—
Contrib. to employees'
-profit-shar¬
loan
quarterly
$62,500
June
to
and
General
Prov.
$50,000
'
1953
funds
purposes
Earned disct., int., Ins., etc
Int. costs, ins. costs and
$213,825
290,132
_
—-
Wisconsin
payable
SEC
cisco
agreement:
2 5/a(,c—payable
the
$14,718,258 $12,740,624
——
$211,573
33,047
1118.
p.
Southern
with
Securities Acceptance Corp. (&
Subs.)—Earnings—
liabilities—
IProv.
company's
corporate
6 Months Ended March 31—
1
$530,141
14,719
Southern Colorado Power
3,899,290
Patents, processes & trademarks (less amortiz.)
Total
registration statement
a
Seaboard Finance Co.—Notes Placed
Privately—An is¬
sue of
$5,000,000 31/2% notes, due May 1, 1960 has been
placed privately through The First Boston
Corp.—V. 169,
p. 1997.
ear¬
program
5,738
dtducliqns-co.__
Electric
as
equipment
Construction
general
improvements
p. 1997.
3,279,756
etc.
Li
of
,
augment
of
3,238,097
-
complet.
May 25 filed
cumulative
logging and pur-
on
chase
contracts)
Unexpired insurance
Investments, etc.
$774,884
303,880
—
Jless reserves)—
Inventories Unci. advances
,
to
*1948
$294,418
—
obligations
receivable
45,000
preferred shares (no par).
Underwriters,
Co.; Smith, Barney 8i Co. and Merrill Lynch, Pierce, Fenner &
The offering price and dividend rate will be filed
by amend¬
Proceeds will be used to
pay off outstanding bank loans and
ment.
Accounts
$662,753
3,539
$258,444
_______
income
totaled
Drexel &
1949
$208,034
1,802
Scott Paper Co., Chester,
Pa.—Registers With SEC—
31
ASSETS—
146,917
$256,642
responding week last
covering
BALANCE
181,500
deductions—
'
Adjusted from amounts previously reported by reason of retroactive
application of portion of increase in inventory reserve charged to
earned surplus as of Sept. 30,
1948.
tAfter deducting provisions for
depreciation and amortization of $226,438 in 1949 and $155,605 in* 1948.
67,500
of
for
255.
p.
60,000
subsidiary companies-
share.
per
Falls,
163,
11,432
153,187
income-
Income
Income
filed a letter of notification with the SEC
participating preferred stock, nonconvertible
offered
Inc.,
290
160,967
taxes
income
oper.
Nonoperating
..
be
to
Nolan,
42,774
6,758
38,791
<
45,125
_
income
16,777
-
35,626
stock
—V.
194,991
.
on
,
leases
taxes
Federal
8,277
__
101,823
$371,003
$451,176
The company on May 18
$615,773
292,488
$2.94
paid-—.
per share
$476,170
105,167
Sand Hill Iron & Brass
Works; Hudson Falls, N; Y,—
Files With SEC—
90,700
surplus.
dividends
Abandoned
Income
for
Net
Cash
deductions-)
______
-
73,736
inventories—
on
11,095
Gross
$1,239,477
11,719
373,850
.
Interest—i.
3,834
income
Balance
—V.
Total
4,686
___
expense
Net
—
Dividends
Other
—
ing
$440,080
and
————
—
$439,844
General
Balance
Gross
$471,484
4,143,193
$1,544,437
—
profit
each;
The
SEC
company
proposing
on
the
Co.—Registers With SEC
May 20 filed a registration statement
issuance and sale of $4,500,000 of first
with
th«
mortgaga-
:
n
THE
(2320)
-
bonds,
C,
series
',stock
due
(cumulative,
The. bonds
June
S100
and
1,
and
1979,
be offered for sale at comthe interest and dividend rates,
to
are
additions
used
and
betterments
and
to
to
$2 000,000
bank
of
1949,
$8,400,000
169,
in
1951.—'V.
in
$4,400,000
and
1950,
168,
and
Clients'
under
1,560,068
5,372,628
held
contracts
Natural
construction
2,437,974
and
other
mineral
interests
391,453
'
name
5 653,034
522,939
179,952
assets
181,631
521,130
Prepayments and deferred charges
568,090
directors
oh the
This
stock,
common
The
the
of
directors
also
action
dividend
declared
26
dividend of
a
payable June
that
announced
10 cents
holders
March 20,
share
June 10.
per
of record
last, and
to
20
with 15 cents paid on
four quarters of 1948.
compares
in each
May
on
25
payable
Accounts
they
future
will
consider
Standard Oil Co.
this
•Earnings of
period
of
1948,
meeting
annua!
The
A.
W.
May
on
earnings
13%
and
and
subsidiaries
its
Peake,
President,
12.
first
for the
those of
below
14%-
quarter
stockholders
told
prices on
proration
the
about
look
the
for
ticularly
Dr.
in
but
of
volume
business,
the
in
last
three
earnings,"
of
Wilson, said,
Dr.
the
total
amount,
but
expansion
possible.
They
of the security necessary to
much
cost."
r
•The
the
which
was
threat
real
a
12'/a-inch table
May
the
as
model
broadcast
on
and
by
19
Dorset.—V.
video
FM
C.. J,
168,
receiver
built
with
reception
the
same
into
The
statement
has
been
with
filed
for
the
SEV
the
the
by
is
not
specified.
The
June
%
/
v
.'.%•>yy:vy.: yyy '%
which
during
the
it
is
Standard Stoker Co., Inc.—Halves Dividend—
The
the
directors
have
declared
dividend
a
of
25
cents
Contributions
share
per
used
to
exceed
the
purchases.—V.
169,
by
market
price
thereof
respective
the
on
dates
with
an
:
iThis
its
to
approximately
84
September.—V.
for
strip rolling mill.
The one-story structure,
feet, is scheduled to be ready at the end of
has let
company
addition
by
contract
a
cold
82
the Turner Construction Co.
to
capacity
Staten
.Bids
1979
the
be
Edison
purchase
received
for Purchase of
of
noon
first
$2,750,000
to
up
and
1
on
lowing distributions were
in stock; and on Nov. 15,
directors
The
bonds series due
for the purchase
mortgage
(EDT), June
the
company's
the semi-annual
declared
woolen
about
or
in
cents
25
the
that
May
Last
15.
year,
state
of
the
market
of
not
be
forecast
($100
the
like
a
for
2401,
of
amount
construction
its
parent,
of
the
and
therefor,
the
sale
the
issuance
of
will
the
notes,
balance
be
to
stock
shares' of
is
of
to
its
Utilities
Public
all
nonvoting
together
with
Corp.,
voting
Under
SEC
an
order
of
Aug.
requisite
Inc.,
for
was
covers
jacquard fabrics
is strong
the company's neckwear
continue to be in good demand.
The
also
contract for the manu¬
contract
amounting to
2163.
p.
Sidney Rogers.
Greenwich,
Chairman of
Conn., on May 22—V.
the Board
(less
on
income
Provision
on
income
169,
Net
returns
Fed.
taxes
1947
1948
1,966,215
789,400
Earned
.The directors
on May 25
accumulations
account
of
payable
May
dividends
31
declared
of
dividend of
a
the
on
holders
to
$1.50
record
$1.50
cumulative
May
25,
1949.
the
Avge.
up
share
per
this
By
Period End. Mar. 31—
,
.
Gross
on
will
be
0
CONSOLIDATED
Other
and
and
$14,156,740
2,440,283
10,824.645
Treas.
3,624,528
2,141,150
221,670
870,741
718,163
255,843
233,573
128,532
113,016
$6,904,500
$3,206,794
Dr28,397
$1,199,843 *$6,932,897
$3,263,512
5,699,174
5,483,785
(less
allow,
for
inventories——
goods
losses)
insurance
other
&
—
_.
expenses-.
-
Dr56,7l8
64,182
61,815
36.984
Cash
surrender valye of life insurance, policies-
Miscel.
investments
other
&
has
been
Baruch
Dr.
elected
had
been
Hayden
&
equip,
—.
$1,638,142
—.
$1,178,760
Applic. to minority int._
J.
Dr21,083 ,?
Good
ning
Life
of
ins.
ceived
an
$1,638,142
at
surp.
will
($1),
patents
&
$8,064,680
4,028.398
1,496,220
11.967,166
14,070,555
12,244,273
10,723,235
936,844
14,875,247
11,697,379
1,272,883
567,219
545,263
146,619
of
rights
proceeds
of
a
payable
Accounts
5,443.063
-
Sink,
'
174,749
for
fund
_„_—$10,176,331
*
in
in
net
a
cost
subsid.
1948)
of
Dividends
$6,642,906 $12,806,820
$8,747,297
invest.
Co.
&
announced
10c)
(par
W.
W.
has
paid
943.732
943,732
2,630,489
______
payment
3'4%
sinking fund
Notes
*$4
.
.
$0.57
$3.29
due
in
on
inccme
1949,
314%
at
President of the corporation, stated his company now
producing wells in Caddo Parrish, La., one in Runnels
with another well drilling in Louisiana, and has ac¬
option on about 6,100 acres in Chaves County, New Mexico.
stock offering see V. 168, p. 256.
Texas,
an
Shovel Co.—Partial Shutdown—
"Thew
to current shipments, this company
its plants at Lorain and Elyria, Ohio.
affected about 70%
of the workers.
Parts
department and some production operations arc being continued; fullscale work will be resumed on May 31.—V. 1G9, p. 2149.
To
finished
adjust
closed
week
inventory
parts of
certain
shutdown
partial
Corp. of America above.
Sheraton
registration
7929) filed with the SEC March 31
120.000 shares of convertible preferred stock
20.
statement (No.
proposing the sale oi
($1
pari
withdrawn
was
May
states that "under a lease of the restaurants just
Exchange Buffet, Inc., there is no longer any need
equipment.
With the guaranteed income resulting
from this lease, the plan of financing, represented by the above regis¬
tration statement, is no longer necessary."
The
company
with
negotiated
funds
for
for
the
According to the company's prospectusv it had proposed to use tho
proceeds of the sale of the preferred stock to pay for the costs of
of its restaurant operations.—V. 169, p. 2215.
Thompson Products, Inc.
due
1963
(less
stock
without
par
value
1_
surplus.
___i—
——
$5,699,174
$1.55
i:Loss.
■
F.
—
10,059,717
10,924,125
12,901,026
9,115,636
during
tRepresented
1948.—V,
169,
by
by
p.
98,867
shares
1,456,550
1998.
in
shares
•
1948
year.
of
amount
craft
1949 and 99,256 shares in 1948.
in 1949 and 1,006,550 - shares in
$2.40
■■■%■•:.'
:
•'
%
and reached a new peak for any similar period.
Sales
products exceeded the same period of 1948 and replace¬
were
substantially the same as for the first quarter of
Operating costs for the quarter included a substantial
pre-production expense arising out of the accelerating air¬
shipments
Current
tinuing
at
assets
,
a
high
although
of
parts
automotive
to
car
builders
are
con¬
level into the second quarter, according to Mr.
incoming orders for replacements are showing a
to fall off as compared with a year ago.
shipments during coming months.
Aircraft schedules
increased
for
The
p.
<:%; .y;:
..
program.
Crawford,
call
•.
President, stated that the company's shipments to
manufacturers
continued
the upward trend experienced
sales
tendency
$73,714,202 $60,742,103
1
__
•
aircraft,
ol'
last
14,000,000
10,099,298
7,549,125
7,324,229
7,292,520
434,655
Crawford,
C.
ment
14,750,000
portion)
surplus
154,960
1949
$10,828,117
'758,889
$0.77
Nil
1947
1948
1,144,684
996,950
$2.06
profit
automotive
___—
118,485
(& Subs.)—Earnings—-
1949
$25,226,286 $23,532,185 $22,931,012
sales
Net
1,405,522
250,000
—
debentures,
Inc.—May Enter Other Fields—
Thompson Industries,
See
$4,500,000
8.416,449
sinking
payable to bank, due 1951 and 1952—
stk. without par value
Earned
$2,700,000
9,302,548
3,592,755
year—
etc.—
cumulative preferred
*Reprsented
$5,699,174 $10,176,331
taxes
one
liabilities
Total
.
of 800,000 shares
37'/a cents, has been
issue
the
them
details of
last
676,300
2,104,391
Earned
surplus at end
of period. ___!
$10,176,331
Net income per share—
$0.78
banks, due within
accrued liabilities,
Federal
Capital
related
.
Sold—
that
by
offered
Long,
seven
County,
after taxes—
Earnings per com. share
Other
tCommon
(acquired
over
assets—_________
Cement
13,941,503
567,510
debentures —
fund
cf
sub._
to
payable,
current
Total
Excess of
and Chairman ol'
Corp.—V. 169,
director
a
Star
over-subscribed.
Net
re¬
death
upon
officer
8,538,189
and
Lone
(less
;
$73,714,292 $60,742,103
Provision
-
the
modernization
4
17,882,228
_
license
Total
begin¬
period
succeeding Dr. Herman
Netherlands, who has
the board for 30 years.
Registration Statement Withdrawn—
1943
cost,
at
amortization)
Notes
income
the
to
member of
Oil Corp.—Stock
Lee
stock
and
LIABILITIES—
Net
Earned
a
Foundation
Committee
3 Mos. End. Mar. 31—
Balance
director,
a
Ambassador
States
United
common
31
251,415
assets—
buildings, machinery
(less depreciation.)
Land,
debt
1
MARCH
$8,501,458
obligations at cost & accrued int.)
materials, goods in process & supplies inv.
Prepaid
7,744,038
614,312
28,432
of
SHEET
Subsidiary Companies)
Owned
u—.______
S.
Finished
1949—12 Mos.—1948
$4,553,824 $22,608,789
223,916
deplet—.
amort,
capacity
FPC applications to bring the daily capacity
cubic feet is $90,000,000.
This involves extension
Texas Union
$705,746
1,006,550
$0.70
1949
Accts.. & notes receivable
910,007
expense
$1.06
ASSETS—
2,498,747
taxes—__
taxes—
Deprec.
Int.
1949—3 Mos.—1948
expenses.
for Fed.
Frov.
day.
per
Sulphur Co.—New Director Elected—
Gulf
Stewart
of
The
Subs.)—Earnings—
$5,363,476
_
$1,063,781
1,006,550
BALANCE
(Including Wholly
paid
Raw
earnings
General
1,228,772
•
share-
Cash
.
99,596
$0.88
outstanding
shrs.
of com;
per
action,
U.
Stone & Webster, Inc. (&
$805,342
98,956
$1,078,159
stock_
common
on
no.
Earnings
preferred .stock,
outstanding shaies of preferred slock
to and including Sept. 1, 1947 —V. 167, p. 2036.
on
feet
2215.
p.
Stokely Foods, Inc.—Reduces Dividend Arrearages—
,
$1,162,737
98,656
$4 cumul. pfd. stock..
on
cubic
615,000,000
,
1,340,292
534,950
1,785,587
622,850
$1,176,815
income
Divs.
approximately
(& Subs.)—Earnings.
1949
$27,108,895 $24,547,529 $23,536,779
allow.)
Income before Fed, taxes
died In
of Directors,
Commission last
Power
the
remaining
Daveler
Executive
quired
&
Sterling Drug Inc.—Chairman Dies—
Edward
of
1993.
p.
and
Sylvania Electric Products, Inc.
for
sale
by
automobile seat
sales
to
pending
Charles
the
the
declared to conserve
April
on
3 Months Ended March 31—
Gross
Federal
be
2215.
p.
V.
This
.
the
169,
For
13,
the
will
and
of
has
done to
company
stockholders
owned
$500,000.-—V.' 168,
nearly
proceeds of
to be sold after
325,000 shares of
the
1942, GPU must divest itself of its
in Edison.
Recapitalization of Edison is considered a pre¬
thereto and will facilitate such disposition.—V. 169, p. 2148.
interests
to
noted that
other
and
Edison's new common stock ($20 par).
.
Therefore, it
company recently was a successful bidder on a
facture of woolen mufflers for the Navy, the
pre¬
par)..
no
confidence.
bonds
its
the
Among other positions Mr. Daveler is Vice-President and director
the American Zinc, Lead & Smelting Co.; Vice-President and Trustee
of
signed by Godfrey H. Conze, president,
12, 1949, all of the shares of Susquehanna
outsiders were transferred to Susquehanna
Mills, thereby making the Plastic company a wholly-owned subsidiary.
Mr. Conze stated that demand for cloth woven from saran yarn and
latter's
the
of
common,
$4,000,000 of
preferred stock,
bonds,
of
shares
(2,275
receive
shares of
40,000
General
cancellation
for
common
260,000
sale
and
Edison
to
letter
a
was
Plastics,
retire
utilized
to
used
be
with
worsted
company's liquid resources.
In
,
$1,500,000
bank
the
it
used
and
GPU
Edison's
of
sale,
recapitalization,
surrender
par,
no
return
up
New
purposes.
outstanding preferred
ferred,
bond
outstanding
proposed
will
$100»
(par
Broadway,
61
authorized
•
proceeds
Under
In
stock
preferred
Room
par).
Of
by
resigned.
for
end
at
been
cost
Baruch,
B.
cash.
disturbed
to
cumulative
of
< EDTi,
June
15,
corporation
has
The
and
that
company's pipe line to near Buffalo, New York, to make deliv¬
in
eastern
Ohio. Pennsylvania
and western New York State.
Erie
the fol¬
made: On May 15, 25 cents in cash and 4%
payable
York.
by the
SEC
to
effect
a
recapitalization and to offer for sale at competitive bidding $2,750,000
of 30-year first mortgage bonds and 40,000 shares of preferred stock
shares
40,000
noon
.j
eries
—V.
products has been acute since the
January and persists today, and its duration and intensity can¬
'of
„
Island
for
will
the
Texas
Corp. — Bids
and Preferred Stock Asked—
Bonds
to
of
169, p. 2148.
ordinarily
bids for the purchase
registration statement
time
on
by
issued
the
first
the
bidding
the
of
Susquehanna Mills. Inc.—Dividend Omitted—
The directors have decided not to take any action on
written
allowed
be
is
1,060.000,000
up
been
dividend
will
order
company
covered
an
SEC
the
pipe line bonds due
to increase the daily capacity to 831.000,000 cubic feet is $73,000,000.
Estimated cost of the additional facilities
Harder, General Superintendent of the production department,
elected
Vice-President
in
charge of production to succeed
James K. Ellis, who has resigned that office, but who will continue as
a director.—V. 169, p. 1820.
'
] ities—
with
statement
mortgage
pipe line to Buffalo, New York and to further increase the
to 1,060,000,000 cubic feet per day,
up
Sunray Oil Corp.—New Vice-President—
has
Registers $50,000,-
—
presently engaged in a program to increase the
daily capacity to 831,000,000 cubic feet lor which capacity certiiicates
have been granted by the FPC.
In addition, a hearing is currently
under way before the FPC on the company's applications to extend
its
of
viH.rO.
Stanley Works, New Britain, Conn.—To Increase Facil-
This
from
proceeds
Estimated
'
liist
sealed
has
SEC
competitive
The
1568.
p.
the
after
open
delivery
,
employees and the company under the 1949 plan
the trustees. ,to purchase Sun Oil common stock at
be
not
Co.
bonds will be used from time
to
time, along
with other cash resources ol the company, tor the
expansion of the company's natural gas pipe line system which ex¬
tends from South Texas to. West Virginia,
The system has a. daily
by
will
on
stock, payable July 1 to holders of record June 15.
This
compareswith 50 cents paid on April 1, last.
Distributions during 1948
were as
follows; April 1 and July 1, 50 cents each; Sept. 15, 75 cents;
and Dec. 20, $1.25.—V. 168, p. 1625.
common
Regis
St.
time issued an outstanding
registration
a
$50,000,000
elfective.
The
1949 plan.
•
filed
24
of
will' invite
company
bonds
comply
anticipated may be purchased by the trustees
July 1, 1949, to June 30, 1950, with respect to the
period
subsidiary, of
a
December.
.registration statement also cover? 105,000 shares of Sun Oil
stock (no par),• which»represent the maximum number of
shares
May
offering
an
invited
common
.
as
as
present
Gas Transmission
company
these
:;-
■
Regis,
stock, being the only class outstanding.
777,330 shares of such stock, or over 90%.
holds
become
registration statement covers a proposed offering of
11,000
memberships in the plan, being the maximum estimated number of
memberships which .will be offered to eligible employees in the 1949
plan whicfi becomes effective July 1,
1949.
The subscription price
St.
Taggart's liabll.t.es and
1969.
The
Sun Oil
of
Employees
the
at
stock.
the
of
all of
assume
operated
been
has
level
market
will
1735.
p.
covering
in
holder
record
each
merger,
With SEC—
000
Plan—
the
of
common
and
owns
Tennessee
was
2330.
p.
has
years,
of
of the
approved
part
companies.
(other than St. Regis Paper Co.)
Regis Paper Co. $11 in cash upon
sharei.
This represents substantially
such
and
corporation,
of
integral
an
Regis has already been
by St.
of
value
to
organization
Taggart
paid
certificates
which
168.
of
be
to
shares
Regis
facilities
chassis
Television Sales Manager. It is
Hunt,
stock
book
number
a
St.
.The
all
to
of
current
for
Taggart
two
the
conditions
and
terms
surviving
obligations.
2053.
p.
ancl the "Stock Purchase Plan
and -its Subsidiaries."
Co.-
enterprise."
on
168,
company
18, 1949 will celebrate, the 60th anniversary
of its incorporation to build and operate a refinery at Whiting.—V. 169,
p. 1890.
;■:% X
:
company
the
the
8,538,189
make
to
vote
will
8
capital stock.
Tuggart
directorates of
entitled
816.633
registration
A
.
1
competition,
government
in
concerned
the
8,926,605
Sun Oil Co.—Employees Stock Purchase
Although the stockholders' reward .in cash dividends has been rela¬
tively low, Dr. Wilson said, the money put back into the business has
substantially increased the earning power of their stock and should
ultimately redound to their benefit.
"The expansion aided
also in averting the danger of government
contiols-or
1,551,157
5,000,000
10,176,331
par;—V.
agreement
common
be
surrender
1,751,492
8,926,605
money
large sums at low
borrow
the
shall
5,000,000
standard
announced
known
only
not
ol
$41,714,602 $38,427,350
new
for
"accounted for slightly
were
indispensable in
provided
Under
329,025
program
Firm—
June
on
Regis Paper Co., the parent
tbe
properties and assets of St.
the respective
—V.
par¬
1
years.
business,
2,550,000
378,609
—
of
95%
over
The. proposed
«
2,066,021
2,525,000
no
15,
meeting
cnnual
their
at
77,500
1,331,342
2,437,974
shares,
since Sept.
owns
Stromberg-Carlson Co.—Offers New Video Unit—A
one-third
needed
also
increased
for
was
'
in May, had been President
1947.—V. 166. p. 1156.
early
died
who
board
this company into St.
by
stock
*2,104,391
the
merge
4,167,189
731,426
retirement
Richter,
of
stockholder!
Taggart,
Wilson, Chairman of the Board, summarized for stock¬
and
disposition of the $631,000,000 invested in
back
than
making
1949
75,000
4,343,600
:
liabilities.
employee
Mr.
which
Total
the out¬
Peake indicated that
Mr.
year,
.
Inge of Mobile,, an attorney, has been elected President,
the late Paul E; Richter.
Mr. Inge was Vice-Picsidcnt.
serve
as
General Counsel for the line and a member oi
Chairman
The
within
surplus
surplus
Earned
sources
facilities
"Plowed
less
E.
the
capital
last
as
of
due
(contra)
for
■"Capital
gasoline.
Robert
holders
same
rest
paym'ts
loans
the higher efficiency in transportation and refining operations achieved
by use of new pipeline and .refining facilities.
While the total volume of all product sales during the first quarter
was
•*
'
•
Taggart Corp.—To Merge With Parent
565,725
credits
Capital
was
-
Airways, S. A.—New President—
board.
1,824,597
790,498
funds held under construction and other
Reserve
largely due, Mr. Peaks said, to lower
fuel oils and to lower production of crude oil resulting from
restrictions.
These factors were partly offset, he said, by
decrease
depreciation of plant, all selling and general
franchise and Federal income taxes.—
reserves,
t
H.
and
_
$1,500,000
2,678,067
taxes
Deferred
their
at
$1,900,000
.'_
for
accrued
contracts
-
1,012,984
$0.02
.
___•
(amortiz.
Mortgage
.
corresponding-
the
-
loans)
year)
Other
(Indiana)—Earns. Below Last Year's
company
between
were
loans
Provision
semi-annually, in November and May.—V. 169, p. 1820.
Clients'
of-1949
payable
Mortgage
one
the
in
-»
(bank
Advance.payments by clients—
cents
1,012,984
$0.21
will
also
He
$41,714,602 $38,427,350
LIABILITIES—
Co.—Declares Smaller Dividend—
Notes
"
TACA
Francis
the
Total
Standard Milling
1945.
p.
succeeding
.
The
share
common
provision for
provision for
expenses,
f" V. 168,
commencing
fctock
per
■"After
1 487,706
5,592,849
530,382
Other
of this company has been changed to Barymin, Co. Ltd.,
May 20 the shares were traded in on The Toronto
Exchange under the new name.
y y
The
and
;«
1,477,984
Of lice buildings and other real est.
(less depr.)
Furniture & equip., at cost less res. for
depr.__
(Canada)—Name
Goid Mines Ltd.
Springer-Sturgeon
Earnings
for
398,055
(net i
Employee retirement program fund
Changed—
1947
$20,859
1,012,984
$0.25
outstdg. (incl. scrip
fractional shares) ■•_
——
9 641,509
1943
$207,812
misc. - income
shs.
Com.
2 066,021
9,655,859
1949
$250,116
3 Months Ended March 31—
*Opert profit and
.
and
(contra)
securities,-at cost or-less—
gas
3 442,783
65,817
64,289
cost
under
V
3 547,219
2,448,536
contracts
at
<•
Symington-Gould Corp.—Earnings—
31, '48
$9, 843,412
1 010,813
$11,479,819
Monday, May 30,>1949
r
SHEET
Mar. 31, '49 Dec
hand.—
on
supplies,
funds
other
Investment
2215.
p.
charges
Materials
2231;
p.
and
CHRONICLE
BALANCE
;
banks
Unbilled
'
representing temporary bororwings for such purpose. The con¬
struction
program
involves estimated expenditures
of $9,800,000 in
notes
V.
in
FINANCIAL
Securities, incident to investm't banking business
Accounts, notes & interest receivable—
,
the cost of con¬
pay
prepay
Cash
&
CONSOLIDATED
ASSETS—
stock
'pctitivc bidding, which will determine
offering price and underwriting terms.
Net proceeds of the financing will be
struction
COMPARATIVE
preferred
of
shares
25,090
pari.
preferred
COMMERCIAL
consolidated
of
2215.
sheet
balance
$38,072,629
and
current
' y
at
March
31,
liabilities
'V.: '■
of
.V
shows current
$11,853,291.—V. 169,
%' •"
!
1949,
Volume
169
Number
4807
THE
COMMERCIAL
Thorofare Markets, Inc.—New Name—
See
P.. H.
Butler
;'Declares
j;
Tht
Co.
sjbove..,
'
<.
.
CONSOLIDATED
•<:
•
on
May
declared
24
dividend
a
of
25
cents
Property,
preferred
ferred
stock,
record
stock,
series
June
17.
B,
V
.
Net
1949
1948
and
Earns.
per
,::Loss.
result
Production
loss
1946
1847
accounts
Accrued
pay
2,421,380
Accrued
State
$1.39
give
effect
was
stopped by strikes
1946 —V. .169, p. 384.
to
$1.43
credits
tax
period
under
during the
equipment
(net)
expenses.:
2,052,588
4
231,317
—
Nil.
which
Federal
period
Jan.
from
21
payable
roll
and
and
Federal
18,
Toklan
The
cents
21,
of
withheld
stock
from
$576,465-
546,353
record
semi-annual
a
stock,
May
31.
two
cents
year
dividend
cents,
last
Payments
plus
cents,
70
par
and
extra;
of
201,793
167,321',
—
employ.
(est.)_
155,965
*790,975
...
income)—-
(stated
value
$4
share|—_
per
1,220,768
surplus..
6,452,122
were
Dec.
pV;"
'■
'
Y'\;Y:
'
1
"■
live
./
:
,
Y" Y
,
ground
for
This
the
would
the
section
the
be
v
Mr.
the
and
from
from
York
City
by
September,
Williams, President,
Eunice,
La.,
Louisiana
the
Rio
195.lv.
pointed
A.
gas
^
;
1950,
was
Grande
Valley of Texas,
The
with
and drawing
line
will
the
final
cost
gone
that
not
cent
one
into its financing.
originally designed the pipe
340,000,000 cubic feet of natural
ol
the
of
then
final completion,
project
government
at
money
will
be
capable
of
Next
line
the
Eunice,
La.,
and
Athens,
Ga.„
line will be extended northward to New York
City and.
Rio Grande Valley of Texas where it will
tap some
richest gas fields.
Known estimated reserves of natural
Gulf Coast region .traversed by the line exceed 50 trillion
the
to
cubic
Income—Interest
Interest of 6%
and
S.
U.
on
Govt,
Net
the
lor
period
BALANCE
•
interest
advances,
6%
or.
an
interim
notes
premium.
May
1.
been
on
the
the
of
stock
Nil
(interest
1951
waived
to
$2,000,000
on
June
1,
2035,
The
'
May
company
1,000
shares
5%
shares
common
preferred
V.
and
Converse
letter of
a
'
■
common
Co.,
notification
preferred
The
pari.
five
&
working capital,
filed
stock
shares
shares
Allentown,
to
are
at
$55
Pa.
court
2,818,397
reduce
the
of
the
option
outstanding
its
but
to
the
1949.
its',
the
a
unit.
,
1949
-
has
Proceeds
will
be
stay
of.
operations
1949.
130
for
feet
Place,
purpose
,
OFFICERS
to
begin
drilling
tract
the
on
U.
of
The
S.
;and
&
ground,
to
the
operations
to
1946
$658,200
$937,720
$401,889
257,000
371,000
well,
second
a
the
well
'■/
AND
DIRECTORS--Joseph A. South, President, Treasurer
and
director;
Frank
L.
Macwatty,
Vice-President, Secretary
and
Director; Joe C. Trahan, Director.—V.
169, p. 2036.
United States Rubber Co.
(&
Subs.)—Earnings—
1949
1948
$
Net sales,
after all
returns, discounts,
$.
i
excise &
121,510,511
130,536,932
115,210.747
122,195,846
6,299,764
8,341,086
281,560
2671840
6,581,324
8.608,926
*602,470
2,603,785
3,404,428
3,375,069
4,601,164
$1.18
$1.87
profit
income, net
income
Interest
15?|()00'
62,500
share-
depth
other
a.
all
first
for
on
Corp.
Chalk
a
depth ol
testing
the
of
down
reserving
of
well
Gas
Annona
drilled
formations
tract
consists
first
Oil
saturated
purpose
formations.
3,000
Total
1947
188,400
Prov.
funded
011
for
—
Fed.
&
indebtedness
foreign
income
taxes..
603,331
"
$338,700
$0.50
$566,720
$0.58
$1.10
—V.
$244,889
per
169,
share.
common
1821.
$0.44
"
'
p.
"
announced the issuance of an
declaration filed by the
carporating
its
charter
election
for
June
and
its
to
by-laws and
board
of
Corp.,
in
the
-
Commission
order
to
the
and
new
the
slate
of
annual
eight
meeting
of
interlocking
organized
company
169,
3 Mos. End. Mar. 31—
♦Net
profit
Number
Earnings
relation¬
vision
.and
has
of
for
its
of
stock
1
then
acquire
of
by
in
its
under'the
Chicago.
United's
will
be
entitled
of
American
owned.
If
United
necessary
to
May
to
would
meet
for
the
use
now
the
American
each
five
proceeds
owns
was
announced
outstanding
July
shares
on
of
redemption
date
May
its
of
of
the'
depletion
LIABILITIES,
and
MARCH
31,
intangible
1949
assets:
.....
$3,211517
——
245,980
of
retire
011
Total
Current
the
United's'
Less
current
assets
liabilities
U.
S.
(incl.
Treasury
$3,952,014
Fed.
taxes
$942,453).—
$1,197,550
_
notes.
770,000
reduce
or
634,031 shares of American
subscriptions
20
three
under
its
olfer,
it
Net
would
current
liabilities
$427,559
_
—V.
that
this
series
of
168,
2589.
p.
Universal
company
prior
will
redeem
on
that
the
3 Mos. End. Mar. 31—
Operating
outstanding
following amounts would
shares,
plus
surrender:
Laboratories, Inc.
all
stock
preferred
—y"v-
■■
The company. said
depreciation,
AND
Preferred Stocks—
1949.
1,
before
ASSETS
Inventories
a
,
for.
1948
remaining
stock
shares
to
$1.04
:
depletion, intangible drilling expenses and pro¬
^Operating profit amounted to $1,168,712 in 194o
Receivables
request
the
additional 636 shares in the market.-
an
to
31
offer
in
CURRENT
Light & Traction-"
share. Both com¬
stockholders of record oii or
purchase
stock
United
to
Rights-^
on
until
company
taxes.
$1,371,341
holdings in American
stockholders at $12 per
share
one
persons
the
stock
common
located
June
basis
Co.—Hearing
interested
$4.38
185,860
$0.29
drilling costs.
Cash
proposal
subscription
are
about
given
the
upon
1946
' $53,810
185,860
$2.04
depreciation,
Current
SEC
1947
$193,537
185,860
share
per
1948
:|:£814,986
.
taxes.
shares
for all
2216.
p.
1949
$568,057
278.585
after
of
♦After
its parent, Electric Power
jurisdiction over the slate of
of
termination
the
at
order permitting
proposing certain
the
(Including wholly owned subsidiaries)
"
-
reserved
the
assure
United
listing
directors
1949.
15,
To Redeem Prior
used pfor
20,
coring
La.
con-Y
1948
$295,400
a
to
for
common.
etc.
Parish,
Drilling
April
reported
been
$483,800
outstanding indebtedness.
Underwriter,
less.;-
or
started
driller
Caddo
consummated
was
May;23,
between
panies
(par
$50)
and
5,000
be offered in units ofv
per
the
Corp.—Earnings—
United Light & Rys.
It
SEC
for
1
plan, Middle South Utilities, Inc.—V.
Co.
-
with
field,
3 Months Ended March
31—
holding
a
There
for
plan
be
preference stock'
the U. S. District
and by
31,
-
stock,
common
to
cease
motions
and
more
were
the
oil
company is obligated
within 60 days.
,
plan
change
2216.
p.
Caddo
The lease covers all
feet (from
the surface
of
the
lonnations.
After completion or
.of
(in-.
The
to
namely,
of
1714."
p.
Light
shares
'/a
Exchange
warrants.
Commission
stock,
approving* the j)lan of reorganization
The
notes
15
formed
certain
the
lea'se
deeper
holdings
Hudson
14.1%.
it
denied
were
169,
United's
Niagara
to
cause
approval,
(est.)
SEC,
hearing
payable,
See.alsQ,V. 169,
Allentown, Pa.—Files With SEC—
19
cumulative
(no
of
Co.,
was
abandonment
the
replace¬
facil——
profit
ships
share), $1,interim notes,.
amount
Transfer
BUSINESS—Company
approximately 1,500 feet.
The well is being
approximately
2,700
(0
3,000
feet
for
the
common
for
of
nominees
per
6%,
$55,885,924.
■
Transitcast Inc.,
cents
principal
total,
class
will
as
income tax
prov.
169,
In
$26.500.000;"accounts
1949),
$1,244,232; taxes accrued, $13,359;
50
the
3,732,059
shares of
United Gas. Corp.—^Charter Amendments
Approved-—
&
$26,490,833;
and
''
AND
acres
Other
scheduled
$11,520,128; gas plant
deposit
with trustee i"6r
value
(par
speculation.
a
Operating
.
expenditures,
stock,
to
in
361
and
total.
by
retirement
plan
1949.—V.
amendments
to
common
of
purchase
owns
would
respect
one
for
effectiveness of
discount and expense on 6%
interim notes in process of amortization
May 1, 1951, $4,892,667; commitment fee, $246,278; undistributed
expenditures oi predecessor company, pending reclassification, principallj to gas plant intangibles, $386,743; other deferred debts, $38,524;
capital stock expense, $87,433; total, $55,885,924.
y
C.
30,
The
540 222
1949
as
Registrar
Universal Consolidated Oil
Co.—Earnings—
to
LIAE1LITIE0—Common
to
action
from
summation
April
—V.
maturity, May 1, 1951 (principally
U. S. Government securities 1,
$3,292,500; cash, $1,974,977; U. S. Gov-,
trnmeni
securities (at costi, $23,295,787; accounts
receivable, $8,112;
interest
receivable, $36,719; prepaid insurance, $6,403; unamortized*
632,500;
the
ordered
plan
A
appeal
ment
1,565,295
Nil
special
It
par).
approved by the Commission last Aug. 9
Court tor the District" of Delaware
on
Jan.
684,973,
357,500
4,822;688
$20,847,304 $21,558,097
at
shares
453,000
—...—..—*
$10,099,653;
with
was
such
Earn, per class B
1,222,438
2,205,677
*
4,667,785
exploring for oil and the development of
likely oil prospects
particularly to drill up to five offset wells on a
of
;
14,529,491 Vz
holders
to
distribution
a
capitalization
Federal
587,295
SHEET, MARCH 31,
ASSETS—Gas plant construction
construction
($27.50
Profit bef. Fed. inc. tax_
367,500
——
1,299,932
2,205,677
____
offered
are
Earnings
—-
2,840,000
1,299,932
.Co., New York, are offering 800,000 shares of common
(par 10 cents) at 37Va cents per share. These secu¬
oi
stockholders.
was
'
one
Such
provisions
take
nominees
income
its
to
entitling
29.4'V of
cr
previously
company.
Net
of
Interest charged to construction (Cr);
p.
Hudson,
nj
to
Extra
Mar. 31, '49 Mar. 31, *40
securities-—
$89,827
$112,900
interim notes
950.
Distribution Plan—
on
cf
INCOME
discount & exp. on 6% interim notes
Amort, of commitment fee on 3'>b%
first mtge.
pipe line bonds.—____——
due
stock
Qtrs. End. Mar. 31—
3 Mos. End. Oct. 5,'48 to
Amort,
169, p.
for June 16 upon the plan filed
distribution of its stock interest in*
outstanding
United Drill & Tool
utility companies wheh frave contracted for gas to be de¬
livered by the Transcontinental line include the Consolidated
Edison
Co. of New York, Public Service Electric & Gas Co. of
Newark, N: J.,
The
Brooklyn Union Gas Co., Philadelphia Electric Co., Long Island
Lighting System, Elizabethtown Consolidated Gas Co. of
Elizabeth,
N.
J,, Kings County Lighting Co.
and
Brooklyn Borough Gas Co.
Period-
Corp.
has
warrants
common
held.
common
feet.
OF
200,000
2,840,000
50.
p.
HISTORY
The
Public
has
of
the jWiagara
'
STATEMENT
$9,647,156
hearing
a
partial
Power
option
world's
in the
gas
between
for
Hudson
and
existing
delivering
the
year
westward
of
construction
scheduled
Hudson
Niagara
United
gas per day to cities in the East.
capacity may be increased to 505,000,000 cubic leet per day
by the construction of additional compressor stations. '
-yPPy.y
The 1949 building program of
Transcontinental calls for 605 miles
main
Niagara
stock
v-y
This
of
has
(Del.)—Hearing
corporation
contains
subsidy
or
p.
line
169,
located
presently outstanding voting securities of
eluding 48,529 prefcried shares) from 28.5V
$235,000,000
j
As
6,959
200,000
1
—
.Transfer agent,
Jersey City, N. J.
proposed distribution would be made upon the basis of--one
share ol Niagara Hudson common
stock for each 10 shares .of United
;
estimated
out
fields.
SEC
the
shares
first completing,
New York
to
deducting $560,368 U. S.
Treasury notes.—V.
United Corp.
1
by
breaking- the
upon
pipe line at Laurel, Miss.
possible, Mr. Williams said, by
line
the
to
Williams
had
New
to
gas
Claude
made
gas
by
Starts Con¬
—
par)
86,100
(j'959
more
1840-mile
of
extended
scheduled
by
be
natural
Pipe Line Corp.
($5
surplus
surplus
rities
cents.
Quarterly Earnings Statement—
Delivery of natural
May 23
Gas
$11,023,614
—
—
The
Transcontinental
struction—Issue
——
♦After
follows:
as
20,
stock
5,127,855
Total
3,983,000
83 000
stock
1,220,768
1,014",373
20'
3.758,000
U. S. Oil & Gas Corp.—Stock
Offered—Stewart J. Lcc
&
60,98o*
.
1,014,373
.......
;v
promised
-V.
912,896
70,773
surplus
five
payable June
company
mortgages
1,078,75-1
364,704
290,069
expenses—"
taxes—
!
taxes
(deferred
Common
to
1,517,987
$9,647,156
Capital
declared
20
common
2232.
p.
'
the
on
three
168,
:
May
on
share
holders
to
June
—V.
Capital
Royalty Corp.—5-Cent Distribution—
directors
per
money
17,000
taxes
franchise
credits
Common
$482,216'
other
local
income
taxes on
Reserves
laws.
State
$3,500,000
242,000
842,291
1,401,660
Total
Pay roll taxes and
would
tax
$3,300,000
accounts
-
141,714
$11,023,614
—
Y.
accrued
Appropriated surplus—reserve for inventories
4'/♦'% cum. pfd, stock ($100
par)—
4
,
N.
Deferred
2,604,438
,
and
and
note payable to insurance
Purchase
509,167
.
Earned
March
Income
3Va %
2,422,703
.
2,893,058
value)
-
*$3,030,950
$1.22
and
Accounts'payable
LIABILITIES—
2,421,380
interim
2,197,825
—
payable—insurance company (current)
Earned
$3,456,969
not
(net)
669,128
Total
2.421,380
this
for
receivable
assets
Prepaid insurance and other
$3,373,720
does
amount
the
other
(nominal
2,421,380
share..
com.
This
from
626,914
2,943,900
and
$2,945,137
shares-
common
279,966
cost)
,
Trade
taxes..—
of
(at
accounts
plant
Patents
profit after charges
No.
obligations
and
notes
Investments
Timken Roller Bearing Co.—Earnings—
Quarter End. Mar. Si-
Treasury
1948
$1,289,629
»
payable—banks
Notes
Inventories
series, and on the 5'!o cumulative .pre¬
also declared, payable July 1 to holders of
S
:
was
S.
Trade
initial
LIABILITIES—
Notes
1949
13
(2321)
31
MARCH
$1,808,416
lative
stock,
CHRONICLE
subsidiary}
Cash
share
per
U.
common
SHEET,
domestic
ASSETS—
payable July l to holders of record June 17.
Previously, the company paid 20 cents per share each quarter.' In ad¬
dition, an extra of 10 cents was disbursed on Jan. 3, this year.
The usual quarterly dividend of 31'A cents
per share en the 6 %
cumu-1
the
on
FINANCIAL
BALANCE
(Including
Larger Quarterly Gommon Dividend—
directors
&
(&
1949
profit——
Subs.)—Earnings—
1948
t$46,922
1947
$11,564
194G
*$56,725
$1,144
♦Operating loss after charges for
extraordinary returns of wartime
packages.
tNet loss after
including non-operating and non-recurring
expenses totaling $43,003.
be
payable on
accrued' dividends to the
-
On the
prior preferred stock, first
series, $105 per share.
On the 6.36% prior
preferred stock', series of
1925, $105 per share.
On the 6% prior
preferred stock, series of 1928, $101
per share.—
"V. 169, p. 2216. :
-y -Y"'
Union Bag & Paper Corp.- -Earnings—
Quarters Ended March 31—
Net
Cost
of
1949
products sold
Delivery,
eral
selling,
1948
1947
$15,783,980
$19,386,267
$14,289,575
9,598,334
sales-
10.958,908
7,931,125
—
admin,
and
2,375,335
$3,585,522
$6,052,024
$4,612,655
108,187
212,824
39,563
$3,693,709
$6,264,848
$4,652,218
126,973
152,693
1,330,000
2,280,000
70,000
180,000
Corp.
1,745,795
Quarters Ended Mar. 31—Net
Other
Int.
i_
income.—
and
Federal
State
—
income
Gross
1
other income
income
taxes
charges..
taxes
based
:
income
on
of
goods
Profit
Other
115,277
from
general
expenses-
income
:
-
$2,166,736
$3,652,155
1,483.298
1,483,298
$1:46
$2.46
Capital shares outstanding
Earned per share..'
;
Depreciation
011
property,
Gross
of
timberland
—V.
on
169,
p.
-
1
and
leases
447,398
362,858
5,980
33,359
leasehold-..____
39,708
2215.
'
Manufacturers
transfer
See
agent
ofiering
Trust
for
the
V,
169,
in
Co.,
new
p.
New
issue
of
York,
Income
b
income
Fed.
-
sales
Costs
and
Provision
Y., has been appointed
preferred stock, 110 par value.
Other
depreciation...
deductions
Federal
expenses—___
taxes
on
(net)
income
Cash
profit
1948
1947
$5,207,975
$5,103,442
4,409,512
4,387,200
60,787
84,584
314,000
251,700
54,841
79,089'
213,800
dividend
$504,734
paid
Earned per share
of year
107,079
*$124,728
4,822,688
•_
011
$4,697,960
preferred stock-
surplus at end
of
30.175
period
annual
At
M;
of
to
meeting
Kent
the
Chairman
President
as
directors'
the
board,
succeed
elected
was
Upper Peninsula Power
Operating
held
$4,667,785
ASSETS—
$401,391
$368,51i
152,596
152,956
$119,237
4,590,441
$4,709,678
31,184
$4,678,494
$1.32
$12i
SHEET
1
Cash
Mar. 31,'49
J—
receivable
Inventories
Investments in European subs.—at nominal val.
Plant
property (less reserves)
other
Dec. 31,'48
$959,237
$964,344
8,871,772
Accounts
8,978.369
7,148,189
7,706,466
Prepaid and deferred charges
Patents, goodwill, etc—:
1
1
3,399,950
3,451,024
272,156
assets
Total
;
General
Theodore
T.
13
which
elected
was
elected
to
Toole.
R.
followed,
the
addi¬
Arnold
Vice-President.—V. 169,
a
Co.
M.
1714.
p.
-Earnings—
116,71a
135,832
___L
$1,563,154
124,115
______....
118,355
1
taxes
income
*1948
$1,679,000
791,639
110,199
...
taxes
633.583
•
77;723
120,313
178,000
$396,898
$443,775
Drl,223
6,875
$395,675
$450,650
124,227
118,502
$271,447
$332,146
52,500
52,500
$218,947
Utility operating income
Other
income—net..
income
Gross
Income
Net
deductions
income
Preferred
:
'.
stock
Balance
dividend
applicable
267,044
195,999
190,849
'1
1
$20,847,304 $21,558,097
forma
company
June
1947
11,
to
did
when
requirements
common
com;
company
However,
it
stock
$3,82; 148
(200,000 shs.)
incorporated
was
not
stock—1.
commence
acquired
Feb.
regular
the
$1.09
26,
1947,
utility
in
$1.40
Michigan.
operations
until
capital
stocks and immediately
utility operating companies in
the Upper Peninsula of Michigan,
namely; Houghton County Electric
Light Co., Iron Range Light & Power Co. and Copper District Power
thereafter
Co.-The
the
pro
assets
forma
of
three
income
electric
statement
for
the
12
months
ended
March
31, 1948 is based upon (a) operations of the company and its predeces¬
(b)
annual depreciation provision in accordance with the' re¬
sors,
quirements
bonds,
...
May
replacing F."
meeting
...
Depreciation
*Pro
91,557
$1.65
.
BALANCE
on
directors
1949
revenues
Operation
Earnings per share of
CONSOLIDATED
Total
Net
of
their
Catherine
Doyle
$299,084
*Loss.
4,936,193
67,146
183,720
*
80,423
(est.)
$482,804
188,751
72,768
surplus
Balanced
$5,902,496
operating
for
period
Balance surplus at beginning
Cash dividend
N.
1949
P
Gotthilf,
office
Maintenance
$178,176
foreign inc. taxes (est.)
for
income
Total
Corp.—Earnings—
Quarters Ended March 31—
91,503
114,153
and
(Including domestic subsidiaries)
Net
$391,301
*$10,575
charges
for
Net
26,497
2215.
United-Carr Fastener
938,658
238,661
United Biscuit Co. of America—Transfer
Agent—
The
tional
at
and
J
2,111
r
r
H.
Federal
$2.lo'
Brown
and
-
3,668,300
962,344
$68,613
109,563
credits^
income
Gross
1,271.437
Prov.
1
Depletion
A.
Gotthilf; Treasurer, also
1948
$2,671,941
plant and
equipment
Amortization
John
12 Months Ended March 31—
1,700,000,
165,000
Directors—Gotthilf Elected President—
stockholders
$4,998,259
2,641,125
and
operations
income
Subs.)
1949
sold....
Selling, administrative
(&
$3,672,082'
sales
Cost
Prov. for deprec. and amort, of
physical propNet
The
Morris
2.600,094
profit
New
:
Turner
gen¬
expenses
Operating
7%
and
id)
(c)
of
the
annual
mortgage
interest
securing the company's first mortgage
requirements on the first mortgage bonds,
Federal income taxes at prevailing rates.—V. 169, p.
I
150.
14
EARNINGS
FOR
ENDED
MONTHS
12
Amortiz.
electric
ol
Taxes—other
Federal
State
267,695
income
2,335,042
1,742,194
54,000
156,923
84,168
—
taxes
taxes
operating
Gther
—
Other
income
124,130
~—-——
■_.
Interest,
$4,468,037
1,245,231
85,800
17,748
Prov.
79,041
$3,433,217
942,331
$4,179,498
979,122
$244,696
$271,037
preferred stock
$2,490,88o
210,000
$3,200,376
210,000
$2,280,886
$2,990,376
$326,670
$350,078
81,974
income
appl.cable
to
—V.
__
169,
1274.
p.
for
company
$30,000
Bioren
filed a letter of notification
bonds, to be offered at par.
May
on
20
secured
6%
Co., Philadelphia.
Proceeds will be
of equipment.
&
former Executive Vice-President of the Arbon
Co., announced on May 20 that he has completed negotia¬
tions for purchase of the Waukesha company.
The
purchase was made from the John O'Laughlin estate, which
has been operating the Waukesha company for 44 years.
The purchase
Charles
with the SEC
Underwriter,
.
price
Vulcan Detaining Co.—New Vice-President—
N.
Gilbert
Treasurer
Coburn,
firm
1913 and a direc¬
He will continue as
crushed stone for highway and concrete con¬
agricultural limestone products for farm trade.
throughout southeastern Wisconsin.—V. 125,
produces
well
as
Products
for
deprec.,
separately
charges
oper.
below.
depletion,
25,920,015
22,564,959
3,516,261
1,548,527
2,530,121
amortization.!!
&
disposlas of fixed assets
on
Provision
for
plan
Net profit for the period
Earnings per common share
the
facilities
including
Plant,
344,675
175,074
2,047,000
2,955,000
31,
1949,
betterments
$4 09
corporation
be
to
expended
to
The
new
continuous tube mill, constructed
placed in operation late in March, 1949.
working capital position of the corporation
complete
the
at
(net current
Dec.
assets), was $56,065,832
1948.—V. 169, p. 645.
31,
as
distributed
are
at
as
March
31
compared with $56 388 428
as
Willys-Overland Motors, Inc.—Earnings—
Six Months Ended March 31—
Net
1949
1948
$2,797,310
earnings after charges and taxes.
year
Fund—-
Wellington Fund, Inc.—Diversification of
President-
that
Benwood
.
$3,197,935
1774.
p.
expended
its
plants and operating
improvement and modernization
its
on
$3,425,000
to
$2,781257-
$3,24
the
was
The
1949
at
and
about
2,101,054
$4,010,137
$3,403,000
leaving
246,688
2,323,821
.■
ended March
additions
for
program,
project.
quarter
Cr8,652
310,619
general & administrative expense
Int. & net discount on funded & long-term debt
Prov. for estimated Federal taxes on income___
During
1,196,014
Cr6,465
pensions—Corporation's
Selling,
Working
Vulcanized Rubber & Plastics Co.—New
$40,922,590 $33,633,515
and other
sold
shown
disclosed.
not
was
The
struction,
has been Treasurer since
who
Knight,
1935, has been elected Vice-President.
of the company.—V. 169, p. 210.
since
A.
Limestone
used to prepay advances
made for purchase
Control—
revenues
products
those
$4,633,000
(Wis.) Lime & Stone Co.—New
Waukesha
The
of
Repairs and maintenance
.
Philadelphia—Files—
Utilities Equipment Co., Inc.,
tor
225
&c
Dividends
$3,222,806
$3,000,428
income
236
169, p. 2036.
—V.
Total sales and
excl.
$4,161,750
(net)
income
Balance
Net
$3,347,417
Gain
Net
Income deductions
$349,853
^943
-
,
23,848
$4,255,650
1,255,222
income'
$326,434
income
operating
1949
less discounts, returns & allowances $40,778 940 $33 476 159
Dividends, interest, rentals (net), cash discount
' *
on
purchases, etc.
143,650
157,356
Cost
Net
$4,444,189
$4,131,520
revenues
income
Gross
185,180
(& Subs.)—Earnings-
Gross sales,
62,000
income
Gross
Net
&c.,
Property,
267,69o
2,199.304
1,639,000
taxes-___
Fed.
4,000
acquis, adjustments.
plant
than
income
—
investments
limited-term
oi
772,941
Prop, retire, res. approp.
$17,707,985 $19,002,205
8,270,516
8,894,701
1,141,950
1,249,383
Operating expenses
Depreciation
expenses
income, &c., taxes-
Operating
Wheeling Steel Corp.
Quarter Ended March 31—
1949—12 Mos.—1948
$1,391,398 $17,272,760 $15,930,172
610,281
9,700,720
7,139,998
201,600
1,578,930
2,064,875
145,496
1,635,693
1,553,549
84,168
1,010,000
1,010,000
$1,525,646
Operating revenues
Consolid'n
Company
Monday, May 30, 1949
Co.—Earnings-
1949—Month—1948
Period End. Mar. 31—
31,. 1949
MARCH
Operating revenues
FINANCIAL CHRONICLE
&
Washington Water Tower
Utah Power & Light Co.—Earnings—
Amortization
COMMERCIAL
THE
(2322)
capital
totaled $23,721,956,
increase
an
of
$780,789
over
a
ago.
"
General Manager and op-'
on May 23. He succeeds
Rentoh, who became Chairman of the board .
Flection of Prescott Beach
President,
as
Since
erating head of this company was announced
folio
Stanley H.
ties
has
Beach
Mr.
with
been
the
Secretary and for the last year as
was elected First Vice-President.
as
15
company
serving for 10
Manager. John J.
years,
General
end
the
of
increased
were
March, 1949, common stocks in the
moderately, while other appreciation
Nbble
May 19, '49
stocks
Common
Wabash RR.—July 1 Is Final Date for Deposits Under
Pain of Reorganization of Old Company—
District Court for the Eastern
Division of the Eastern District of Missouri, July 1, 1949, has been
liked as the "last date for deposits" ®f securities under the plan of
reorganization and deposit agreement of Wabash Ry. Co., on which
d&te the rights of holders of undeposited securities to participate in
said plan of reorganization and deposit agreement shall terminate.
Until the close of business on July 1, 1949, holders of first mortgage
Pursuant
to
order
an
the
of
U.
S.
second mortgage 5% bonds, due Feb. 1,
1939; Omaha Division first mortgage 3y2% bonds, due Oct. 1, 1941, and
6 %. debenture bonds, series B, and scrip, due July 1,
1939 of Wabash
RR. Co. and of refunding and general mortgage bonds of Wabash Ry.
Co.
(series A, 5%%, due March 1, 1975; series B, 5 %, due Aug. 1,
bonds
5%
due
May
2216.
Wade Fund, Inc., Memphis, Tenn.—Registers
With SEC
Waldorf System Inc. (& Subs.)—Earnings—
1949
1948
$4,833,943
sales
______________—_—
profits
after
charges,
all
incl.
Federal income taxes
136,9181
$0.32
—__—
.____.
$0.32
Walgreen Co. (& Subs.)—Earnings—
Net
income
and State
income
taxes
Earnings
per
and
S.
or
(less
SHEET,
of
merchandise,
market
in
the
$8,994,606
611,206
lower
reserves)
buildings and equipment
GOodwill,
leaseholds,
leasehold
20,599,787
20,418,574
473,899
.
892,522
293,942
ended May 21,
the
V.
Oper.
Other
Gross
Int.
Net
—V.
$43,597,477
$4,958,543
payable
future
10
$4,428,273
4.321,927
4,071,684
3,111,840
lor
7,381
1,008
21,439
21,200
$660,993
$627,521
$3,131,828
$2,750,449
226,179
182,693
850,636
657,134
$444,829
$2,281,191
$2,093,315
Hearing
10
in
venture.—V.
the
Condensing
bank
Co.
p.
loans
169,
—
p.
Operating expenses
to
2,602,250
____
to
net
was
of
named
added
supplies
botn
of
of
Canada,
Willys-
the
Ward
Ltd.,
board of the Export corporation,
the
to
by New England.
in
gas
the
Wholly
income
other
Misc.
issue
and
common
sell
stock
Marlborough
the
and
'
and
Federal
income
Net
209,643
146,768
7,656,405
128,982
1,565,0.91
952,303
178,173
64,749
11,751,913
9.835,802
$3,217,018
$2,960,988
$1,792,230
shares
of
1,968,487
1,968,187
1,967,637
share
$1.63
$1.50
$0.91
per
foreign subsidiaries included above amounted
NOTES—Net earnings of
to:
74,561
128,073
276,849
__
earnings
Number
23,281
107,884
1,702,676
—
taxes
government
Earned
1,697,000
185
—._
taxes
1947
$17,158,099 $14,686,822 $10,594,669
-
properties--
of
1948
145,230
:
expenses
Depreciation
Companies)
$16,879,129 $14,365,477 $10,220,732
133,555
190,180
170,303
(net)__;_
Total income
Costs
1949—4 Mos.—1943
2,345,000
of
1°49
sales, less cash discts. allowed-
divs, from investments
Gains realized (net) from sales of
securities and other properties—
$2,817,346 $15,205,152 $13,715,810
2.1S3.314
10,265,120
10.145,094
295,000
City
Subsidiary
Owned
3 Mos. Ended March 31—
Net
1948, $249,148; 1947, $89,140.
1949, $281,960;
sales promotion
for
reserve
of $849,484
$329,032
$2,595,032
$1,873,716
in
the
amount
Cr359,994
Cr411,678
in
the
related period
Dr\2M\
Drl4,045
Br56,685
$365,182
$2,898,341
17,577
17,254
76,607
$2,233,470
82,589
provided at March 31. 1943
discontinued and is not included
168, p. 2332.
expense
later
Dr51,924
$735,357
income.
:
$752,934
$382,436
$2,974:948
was
in the above statement.—V.
Corp., York, Pa.—Earnings—
6 Months to
1949
1948
1947
$20,365,483 $26,448,293 $19,876,235
March 31—
booked
Orders
15,718,911
7,655,788
230,292
933,267
$152,144
$2,041,681
$1,393,901
13,196,912
7,027,028
922,158
$517,957
15,404,409
9,333,030
$2,316,059
234,977
_______
$23,374,699 $24,737,439 $20,223,940
Total
bef.
Income
.:
income
and
$415,000.
Cr50,195
charges
Net
President
Willys-Overland
and
stock held
common
(Including
working
Estimated
for inc.
provid.
income
taxes.—
taxes
2,492,018
1,005,832
1,659,393
653,713
$1,486,186
$1,005;680
1,396,594
557,506
169, p. 1929.
Western Oil Fields, Inc., Denver.
6,193,000
on
shares
800,000
of
19
11,484,112
11,833,260
Co.—Hearing
District
reorganization
Court
plan
More
hearing
than
on
at
Underwriter, John G. Perry & Co., Denver, Colo. Proceeds will
used for working capital and drilling of wells.—V. 169, p. 210.
be
Westinghouse Electric Corp.—New Vice-Presidents—
at
which
the
Manager of the Sales Apparatus Division since
McKibbin, Advertising and Sales Promotion Man¬
ager since 1922, have been elected Vice-Presidents.
f
Herbert
P.
District Treasury
Manager, since
MacDonald, Eastern
James
H.
and
Jewell,
John
M.
1941, has been elected Assistant Treasurer.—V. 169, p.
common
(•Contracts
,
.
14*93.
not
and
substantial
"A
has
Electrical Instrument Corp.
Net
profit
"Earnings
"Eased
p.
2589.
1949
after taxes
____——
share____„__
$146,788
per
on
160,583
shares
of
(& Subs.)—Earns.
capital
$0.91
stock
sales,
complete
more
14,855,982
•
•
:
$9.29
$6.29
•
$1.40
$1.04
20,925,607
22,353,759
the practice in annual earnings statements to
and earnings thereon, only if the contract is
the year-end. Interim earnings statements",
at
85%
how¬
sales and earnings in proportion to the stage of comple¬
tion of each contract anticipated to be 85% or more complete at the
include
ever,
year-end.
Sales and
when
recorded
billed
orders not treated as contracts
interim and year-end statements.
earnings on
on
both
not include orders on
equipment, supplies and service which are not
—V.
169,
p.
are
hand from distributors ana for accessory
recorded until shipped.
950.
'1947
1948
$198,523
V
such
$839,088
$5.24
$0.71
portion of company's sales are classified as contracts.
consistently been
include
tDoes
Three Months Ended March 31—
com¬
expected to
assents to the
is
plan have been received from each class of -creditors and stockholders,
according to Jacob J. Kaplan, one of the trustees.—V. 169, p. 2149.
preferred
of
or
Plan June 10—
Boston
probably be confirmed
the required number of
will
.
stock. _,
stock—
uncompleted on Mar. 31
included in gross income-
of
share
share.
1947
13,221,055
_-
share
Per
filed a letter of notification with the SEC
common
caDital stock, to be offered at 25c per
May
It
(outstdg.
earnings
Net
Colo.—Files
Per
company
2149.
10.
Roos
G.
$638,255
,
rents
Weston
June
been
has
Corp.
sales
"Partly completed contracts
Fixed
manufacturing,
of
directors.
new
Crl09,543
income
income
charge
elected
Completed
March,
Federal
in
were
Interest and
add
1949—Month—1948
rents
income
Gross
increase
an
(Wm.) Wrigley Jr. Co.—Earnings—
2216.
$43,597,477 $42,644,401
p.
Export
York
Other
Secretary,
provide the necessary funds, Worcester would
England 16,600 additional shares ($25 pan
Foreign
590,000
oper.
reported
retail and export sales in April exceeded
retail sales exceeded shipments by 44%.
Domestic
Vice-President
Demuller
F.
Marlborough
Ry.—April Earnings Show Gain—
;
ry.
Roos
of 12%
in dealers' stocks,
February, and continued high
of Hudson, Maynard, Stow
and Southborough, all of which
territory is continuous to the terirtory served by Worcester. The SEC
has
given
interested
persons
until May 31 to request a hearing.
—V
169, P. 1714.
Sells Note Privately—The
and
$3,830,505
revenues
facil.
since
Towns
2216.
Period End. Apr. 30—
Jt.
inventory
Upon liquidation of Marlborough, a $415,000 liquidating
dividend would be paid to New England in cancellation of the latter's
common
stockholdings.
the
on
Western Maryland
Operating
Wieland,
J.
elected to the
was
New
for
the
capital.—V. 169,
Equipment
Arthur
Canada, Ltd.—V. 169, p. 1821.
to
Pipeline to Link Alberta With North¬
Gas
retire
Taxes
deferred.'
George L. Pamer, Treasurer, was also made a Vice-President. Both
added to the board of Willys-Overland
shares
Ltd.—Canadian
Co.,
it was announced May 23, has sold privately
through Dean Witter & Co. to the Mutual Life Insurance
Co. of New York, $1,750,000 3V2% 15-.year sinking fund
note, due May 1, 1964.
Proceeds of the loan will be
Operating
was
Worcester Gas Light Co.—Merger Proposed—
The merger of this company and Marlborough-Hudson Gas Co., sub¬
sidiaries of- New England Gas & Electric Associates, all of Cambridge,
Mass., has been proposed in an application filed with the SEC.
Under-the proposal, the properties and assets of Marlborough would
be purchased by Worcester for $415,000, subject to the former's lia¬
bilities.
This is equivalent to the par value of Marlborough's 4,150
company,
to
succeeding
meeting, Mr.
April, a reduction
in
27%.
McCreery,
To
Transmission
beiore
June
of
posts
Chairman,
$2,729,249
1052.
associated
are
1,300,000
11,484,112
Waltham Watch
held
$3,110,359
Board of Transport Commissioners have been
application of the company for permission
to build a $175,000,000 natural gas pipeline between Alberta
and the
U, S. Pacific Northwest.
The pipe line would extend from a point
near the
Town of Athabaska, Alberta, to the United States border in
the vicinity of Blaine,
Wash.
The pipe line company is backed by
Pacific Petroleums, Ltd., Frank McMahon, President of Paciiic Pe¬
troleums, Peace River Natural Gas Co.,
Ltd., Sunray Oil Co. and
Eastman, Dillon & Co., New York investment bankers.
In addition,
two other U. S. oil firms—Tide Water Oil and Pacific Western Oil-
to
etc
Total
be
$626,513
west U. S.—
set
President
a
and
these
as
Mr. Demuller and Mr. Roos were
3,334,072
5,850.000
improvements
1,292,485 sharesi
Earned surplus
The
$653,612
deducts.
on
20%
Paris,
Canaday,
and
7,521,005
income
June
$42,644,401
650,000
of
cost
preferred stock (par $100t___
Cdhimon
stock
without
par
value
pany's
8,274,336
income
Westcoast
for
properties,
169,
by
Delmar
$2,538,833 $11,384,695 $10,250,254
1,912,320
inet)
other
169, p.
—V.
4%
—V;
1949—12 Mos.—1948
1949—3 Mos.—1948
2,008,850
income
and
board
to
Chairman of the board of Willys-Overland Motors,
Inc., announced «on May 21, Mr. Demuller succeeds James D. Mooney.
$434,814
income
of
the
him
Mooney
New Officers of Subsidiaries—
M.
taxes
&
operating
Vice-President,
Canaday said combined
Milton
of
Net
D.
Vice-Chairman of the board,
during
of
William
Co.—Earnings—
$2,662,462
revenues
expenses
election
organization
the
Marcel
Period End. Mar. 31—
Operating'
Sorenson,
sales
Overland
7,312,040
improvements,
Accrued expenses and taxes and other liabilities
•FiWeral income
taxes
Teased
Mr.
169, p. 2216.
West Texas Utilities
The
of
elected
James
export sales.
1949 totaled 104,257,900 kwh., a decrease of 0.43% over
104,709,000 kwh. for the corresponding week of 1948.—
of
output
of
Committee.
retail
p.
output of the electric properties of this company for the week
Power
Executive
E.
reduction
a
market,
and Composite Aver¬
the Dow Jones Industrial
1929.
of
net
the
year,
250,442
8,576,960
(net)
the
shipments
854,880
LIABILITIES—
for
the
of
576,684
1,108.282
(at cost)_
of
During
West Penn Electric Co.—Weekly Output-
The
Reserve
first
Chairman
directors
resigned.
Charles
com¬
.____
accounts
the
since
director.
a
named
The
resignation
amount»
Total
Trade
who
100.00%
100.00%
Wellington shares increased 2.6%, while the stock
declined,—V. 169,
Net
cost!
nominal
that
announced
represented by both
as
ages,
of
taxes,
etc
.
advances to affiliated
and
13.47
2,037,051
1,307,601
1,462,958
—
and
the
C. Roos, who during the war was Vice-President in charge
engineering has been named First Vice-President. He takes over the
duties
1.79
21.76
13.14
been
has
Committee.
Delmar
of
The
1948
788,765
(less
insurance,
(at
at
President
31
MARCH
$9,681,677
reservesi
Land,
(at
$1.59
BALANCE
Bt'dcks and bonds of other companies
NOtes
receivable
ietc
1,292,485
$1.66
—
Investments
-
1,292,485
$1.56
municipal government securities
Prepaid rent,
panies
$2,185,326
1949
receivable
Inventories
cost
$2,270,120
share.
common
i ASSETS—
Cash
Accounts
$2,136,838
outstanding
COMPARATIVE
1947
1948
1,292,485
__
charges
1.61
$74,545,595
further
was
asset value of
$84,072,945 $82,248,228 $79,577,928
3,516,838
3,770,120
3,590,326
1,380,000
1,500,000
1,405,000
taxes
profit
Common
U.
It
used
1949
6 Mos. End. Mar. 31—
Net sales and other store income
Profit before
cash
and
5.72
2.89
23.20
Canaday
accepting
Executive
Western
~
stock on 425,900
—V. 169, P. 1342.
Federal
bonds
Govt,
Total resources
for
prov,
—
Earned per share of common
shares outstanding
.
S.
preferreds-
and
57.26%
M.
Executive
after
$4,925,648
136,973
Quarter Ended March 31—
Tdtal
U.
Hearings
The company has
filed a registration statement with
the'SEC
coVering 20,000 shares of its capital stock. The company was organ¬
ized in April, 1949t to engage in the investment company business.
The offering price of its shares is not specified.
Net
—
bon.is
Ward
the
Mar, 31, '49
59.16%
2,157,470
1,201,650
17,295,212
9,791,496
Appreciation bonds and preferreds
Convertible seniors
Investment
May 19, '49
$44,099,767
1939,
1,
1976; series C, 4Va%, due April 1,, 1978, and series D, 5%, due April 1,
19&0) may deposit-them for exchange for cash and new securities
udder said plan of reorganization at the office of Wabash RR. Co.,
44 Wall Street, New York 5, N. Y.
As soon as practicable after July l, 1949, the bonds and stock of
Wabash RR. Co. issuable to or allocated and held for holders who
have not deposited their securities in accordance with the plan of
reorganization and deposit agreement, will be sold and the proceeds
thereof, together with all applicable cash which shall have been set
Aside, will be used in adjusting the rights of nonassenting security
holders on a pro rata distributive basis.
A notice to holders of scrip certificates for Wabash RR. Co. general
mortgage 4% income bonds, series A; general mortgage 4V4% income
bonds, series B; preferred stock, and common stock, said;
"The privilege of exchanging scrip certificates issued for capital stock
Hind general mortgage income bonds of Wabash RR. Co. will expire at
the close
of business on July
1, 1949.
All shares of stock and ail
general mortgage income bonds reserved for scrip certificates then
Outstanding will be sold as soon as practicable for the account of
th'e holders of said scrip certificates.
Thereafter, the bearer of Scrip
certificates will
be
entitled upon surrender thereof
at the offic of
Wabash RR. Co. to receive only his pro rata share of all the cash
held for distribution on surrender of said scrip certificates in accordadd with the terms and provisions of the scrip certificates."—-V. 169,
p.
—_
Canaday Elected Chairman—
Fund's port¬
type securi¬
and preferreds and cash reserves
remained about the same.
The following schedule shows the diversifi¬
cation of the Fund at the end of March and on May 19, 1949:
Investment bonds
reduced.
were
,* •
$309,683
$1.24
outstanding;
$1.93
-V.
168,
Zonolite Co., Chicago, III.—10-Cent Dividend—
directors on May 25 declared a dividend of 10 cents per share,
This compares with
The
payable June 15 to stockholders of record June 1.
?ive cents per share
paid on July 6, 1948, arid
the only payments in those years.—rV. 169, p. 745.
011
Nov.
10,
1947.
Volume
169
Number 4807
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2323)
a.
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
Ranee for Prevlona
8TOCKS
Year 1918
Lowest
Range Since Jan. 1
Highest
tper share
Lswsst
$ per share
t per
38
76
Dec
100
Dec
6%
Jan
44%
Dec
55%
Jun
40% May
80
2% May 19
42 %
14%
Feb
23% May
35
Dec
46%
Dec
7%
Feb
41% July
22% Dec
17% Feb
Jan
35
xl8%
Dec
99
13 Vz
Dec
Nov
80%
2Vz
Dec
37
Dec
23%
Apr
2% Feb
25
3
40% Feb
58%
25
49
64% Jan
May
15
3% Apr
15V2 Mar
3
14
70
Mar
May
2
24
Dec
34
May
xl9% May 27
Dec
109
May
96
Apr
95 % May 20
89
May 26
Dec
11%
Mar
25%
7
91
10
24
1
3
25 % Feb
25
83% Jan
8
28% May 19
307'8 May 16
90
Jan
20
26%
Dec
42% May
73
Dec
98
Jun
77% Jan
3
83
X25
Nov
31%
Oct
26% Jan
3
31% May 10
3% Jan
6
3Va
Nov
6% May
44
Nov
50
Feb
121
2% May 24
Jan
83%
May
34 Vz
Dec
6'/a
52%
37
10
Mar
18% Mar
62 % Jan
Feb
70
Dec
43% May
Nov
6%
111
Sep
3
Dec
76%
May
Jan
19
99% May 24
Jan
18% Mar
104%
27
May
Jan
110
Aug
38
Dec
51
May
15
Dec
20'A
14%
Dec
81
8
108% Feb
4
18% May
Feb
75% May 25
35 % Feb
8
43% May 19
99
Jan
3
29% Jan
3
36% Mar 31
May*
49%
Mar 11
Lowest
5
Zeweet
$ per share
14% Mar
15% Feb
24
13 %
Dec
19
13% Jan
5
1%
Sep
42
Dec
4% Feb 28
1% May 24
44
Jan
3
Dec
14%
Jun
6% Jan
3
Nov
6%
37
77%
Jan
38% Jan
3
35%
Dec
3%
Dec
43 % May
7%
Jun
46
20%
Feb
5%
Dec
79
10%
Jan
26% May
8 % May
Dec
Feb
35
Jan
53
Jan
92
15 %
Jun
13%
Jan
19
Dec
26% Jun
Mar 21
3 % Jan
47
Jan
24% Jan
5% Jan
73
Jun
16%
Feb
21% May
12 y* Feb
Dec
94%
76
6
Dec
10% May
Apr
May 17
11
11
3
4% May 27
May
90
May
12% May
17% Apr
18% Jan
102
Jan
10
16
30
20
800
Alpha Portland Cement
Amalgamated Leather
6%
convertible
Airlines
cum
6%
Amer
'
Brake
4%
conv
American
7%
Shoe
5%
preferred
American
$7
162%
Nov
Feb
6%
Dec
16 Vz
'
95% May
86% May
83% Feb
11
70% Feb
10
81
16% May
11% May 27
176
Jan
7% Feb 25
169
ft 12% Jan
Mar 31
6% Mar
Feb
28
Oct
38
Sep
46
Apr
38
46%
Feb
68
May
43
139
Mar
31
Mar
125
Nov
25%
Nov
21
Dec
10%
Dec
341/2
Feb
116% Mar
16%
Dec
147% Mar
54% Mar
Oct
131
46%
Feb
115%
Nov
6%
Dec
x33%
Nov
Dec
90
76% Mar
x5%
Dec
51
Nov
163%
Jun
35% May
140
27
Chain
Jan
158%
Jun
681/2
Jan
144
Mar
71% July
Jun
120
Feb
41% May
45 % Jun
Oct
38%
Feb
8
Mar
4
Dec
For
107
Jan
56% Jan
7
154 Vz Jan
8
3174
*101
31%
101
22
101
Mar 31
$1% Jan
6
8 V* May
4
31% Feb 25
120 Va Apr
30
xl6% Feb
28
140 7A
May 24
1 oV May 23
60 % Jan
135
Jan
3
3
49% May 10
83
Mar 31
62% May 19
4% May 25
7
*99%
100%
*9974
6%
6-%
674
674
3
3
3
3
25
3
91
91
*177
178
*25
25 Vs
24%
25
.«■
*62 %
63
62
63
>
No par
*45
10
18
91%
177
91%
90%
178
45%
18
Co_
3574 Jan
7
8
99 Vz Mar 29
49
33% May 27
105
Mai
2
23% Jan
7
Apr
6% May
8% May 13
2% May
2
10% Jan
12
14
page 26.
4% Jan
27
5
16%
16
16
16 Vs
75%
76
*75%
41%
41'A.
417a
"104%
105 %
105%
31%
31'A
30 7 a
31
AND
HIGH •ALE
Tuesday
May 24
May 2#
17%
*17
17%
17
par
1%
1%
1%
13A
1%
174
*52%
*46
47%
28%
287s
28%
*7%
7%
7%
non-cum
*80
90
*80
*1274
4414
*43%
36
x35
3%
3%
37a
374
*46
90
47'A
47%
47%
28%
2874
28%
2874
7%
*
7 Vz
1,500
35
*3%
3,500
4474
*35%
774
774
7%
*80
90
*80
*46
90
37s
3%
47
28%
7
8
%
*80
*4574
2874
28%
774
774
8
2,700
400
300
3%
1,500
47
28 7
100
s
6,400
77a
2.100
90
*80
12%
1 274
12%
12%
1274
1274
"12%
13
"12%
17 Vs
17
17
17
17
17
17
*16%
17
17
17
14
14
14 Vb
133
14
13%
1374
1374
14
14
14%
80
77
78
76 %
77
*76%
77%
76%
76%
400
13
12%
1274
1274
127s
xl2%
1274
1274
1274
4,600
*78
80
13
13
*76
48
*5%
*78
12%
78
*7{;
4
*77
5%
5%
24 %
'24%
*9974
101%
99%
9974
*574
6Vs
*574
6Vs
5%
5%
*34%
?5%
*34%
3574
1
:
No par
10 74
10'A
preferred
No par
9174
91%
preferred
No par
*78 74
1174
No par
100
Razor
*170
5
774
No par
Ship Building Co
No
Smelt 8c Refg common__No
100
25
*38'A
_100
*141
7%
Foundries—No par
5
100
140%
Rights
18
14074
35%
4%
*24%
101%
*574
35
*100
6 %
*574
35
3574
7874
5
2,400
25%
1,100
101%
10
6
100
35%
400
10%
10%
15,500
92
92
10 74
974
10
10
10%
9174
79%
9174
9174
91%
921/4
79
79 %
79
79%
*78%
79%
11%
600
1174
13%
11%
11%
11%
11%
1174
11%
21,300
174
149
* 2 4 74
*8
774
7%
*169 Va
7'A
174
74
3G
30
2974
*3874
397a
44%
4374
4374
14874
39
387s
*141
2 2 74
2 2 74
25
24%
874
*874
18
*3574
12474
*12374
18
140Vz
*1774
140 74
1 40 74
149
3874
144
43
149%
3874
*141
24%
12474
18
14074
8%
3574
124
*1774
140%
2,000
29%
1,500
39 74
% 110
44%
43%
44%
4,800
3874
*141
24%
874
7%
29 74
*38%
149
387/4
144
2474
774
2974
39%
44
2274
36
7%
174
%
29
149%
22
*171
1,700
*3874
44
2274
174
774
2974
39
36
*12374
*171
774
2 9 74
38%
144
x22 74
.
774
17 4
29 74
150 74
*38'A
»
*169
3974
4
*141
25
124
3574
*100
674
*77
574
25%
9%
4374
24
18
10174
*574
7874
5
*2474
79 JA
7 74
39
*24%
*77
5 74
24%
9174
29 7
151
*23 74
*100
78%
10 Vs
*39
45
144
5
24%
80
*169
39%
*44 74
*150'A
par
t
500
500
4,000
92%
1174
3 0 74
*39
35
.
12%
10
*79
1174
*30
par
*77
90
9174
801
175
35
*
7874
574
24'A
American Tel & Tel Co_„
1%
52%
*43%,
*5%
Tobacco
1%
*51 %
8%
14
$6
Sumatra
174
52%
431.S
8 74
*12%
$5
American
174
8%
3574
24'A
com
1,500
5174
51
400
500
17
42%
574
preferred
5'8
18
xl7
35 74
24'A
preferred
*5 V
*17
17
3574
1 01%
Co
1%
5%
Shares
1774
44
* 99 74
Amer Rad 8c St San'y com
7% preferred
5%
.150
149 74
387a
*141
22%
2274
24%
8%
*38 74
144
25
150
22'4
25%
25%
800
874
1,000
87a
124 V8
874
*874
3574
*35%
127
124
*12374
18
1407a
2,500
36
124
18
400
22%
35%
36
390
39
144
18
*1774
140%
141
140%
;
600
300
17%
400
141
14,400
-
lft
1ft
1ft
lft
1ft
25
1ft
1ft
1ft
1 Vs
lft
70%
11ft
1 Va
7074
697s
70Vs
preferred
100
American Viscose Coro common—14
5% preferred
100
6974
70Va
69%
70%
70%
70%
70 74
*145 74
70%
1 4 6 74
1 46
1 45%
145%
145%
14674
146
5174
146%
146%
51%
51
517
50%
51 Va
51
*118%
119%
*118%
11974
7 74
* 774
7 74
27%
267s
2774
American
Tobacco
common
6%
Am Water
American
7Vo
Works Co
Woolen
Inc
5
Zinc Lead & Smelt
^
25
Andes
A
P W
Copper
No par
-
8c
Oil
Co
Corp
Mining
Products Co Inc
21%
8774
67
*62
4%
5
4
51%
28 7a
*
146
*82
*61%
ft
50
No par
Anchor Hock Glass Corp com—12.50
$4 preferred
Anderson. Clayton
Anderson-Prichard
*82
No par
1
com
$5 prior conv preferred
Anacondra Copper Mining
Anaconda Wire & Cable
77 4
27
100
$4 conv prior preference
Amer
*
common—No par
preferred
far
•alee
tha Week
774
*24 Vs
com
Friday
May 27
$ per share
*35'A
29
300
*17
No par
Light
5%
1%
51
__100
News Co
31
74
com_No par
Co
5,400
16%
1
100
Co Ltd
50
42
1
preferred
preferred
77
41%
*42%
47'A
*46
1
*1674
*7574
May 2<5
5%
50
16%
t per share
17 Vs
No par
400
77
Thursday
May 25
$ per share
No par
com
1774
700
*1674
Products
*17
31%
574
preferred
18'A
*3074
31
1774
314
Steel
31
17%
3%
1,700
PRICES
57-4
374
10
44
500
17 Va
*3%
108
*43%
105%
*16%
1
800
*107%
44
105%
5 Va
com
21
108
10574
17 Va
35%
21
170
105 '/a
17%
437s
American
*
105 %
17Va
43 Va
21%
17874
42%
17V«
*35'A
178%
41 %
Wednesday
S per share
35%
Co
*17%
77
*35%
Snuff
18
*5%
Amer Mach 8c Fdy Co com___No
par
3.90%
preferred
100
Amer Machine & Metals
No par
9174 Mar 11
80
Jan
4
35% Jan
*17'A
44
41%
42
lo
Molasses
*2074
*107 Va
44
5%
"1237s
27% May 12
26% May 27
17%
8
Co
21
108
44
17Va
American Investment Co of 111
American Locomotive common
May 13
21
*107'%
44%
17 Va
100
7
21
107%
17%
$ per share
8%
24
1,000
167A
36%
17
62%
*5%
8 74
38% Feb
6274
17 Va
*35%
7
62
1
100
Jan
62
40c
No par
May 16
8VsMar30
61
No par
American Stove Co
674 Jan
3
Encaustic Tiling
American Sugar Refg common
7%
preferred
63
61
44
Monday
May 21
17
5774 Jan
25% Jan
Saturday
10
120
3*400
61'A
44'A
105Va
*31%
$ per share
37% Jan
70% May 26
14674 May 25
25
LOW
STOCK
126% Jan
5
24
"76
105
2;600
25
"16
3174
92
180
25
16%
105%
9174
*178
77
105%
6,100
25
*16
*31 %
5,600
3
179
*75
20
91%
200
6%
24%
16%
41'A
10074
-
177%
77
42
3
24%
*16
417s
91%
1,600
178%
*75
lo
90%
31%
6%
,
90
8,400
61
10'j
com
90%
,
600
8%
24%
18
x44%
18
No par
150% Jan
91%
178
10
com
;
8
100'A
6%
3
American Stores Co
May 25
51
YORK
non-cum
*9974
99%
6 %
52
6%
3174
99%
8
American
3174
3
900
■
66
31 Va
31%
674
[
26% May 13
12% Jan 13
18% May 19
*31
22%
*65
8%
3
1
preferred series A_100
Distilling
227s '
74
1,600
63
8%
6%
1
preferred
100
American International
Corp.No par
May 17
Jan
31%
8
45
6274
66
52
7%
63
*65
874
Am
63
•37
3
Co
Crystal
&
63%
*22%
20%
Power
24;700
22%
52%
Amer
800
9'A
65 %
8 V»
American
3674
974
7%
107%
American'Metal
96%
*35%
974
*64%
52%
7%
96'A
3574
9Va
63%
8%
6%
99
3574
9%
*22'A
21
Ice
98
35%
8
31
1,100
99
9
22%
31V8
900
3
35%
65
108
Colortype
*2%
45
7%
20%
Home
274
*37
21%
*107%
American
3074
64%
814
21
American
400
*29%
22'A
108
conv
6,600
65
.
31%
101 Va
28%
82%
30
2%
28 Vs
*81%
42
63%
527a
6%
10
39
Jun
65
8
*2014
Safety
Jun
see
22
66
8
63 'A
*107%
Seating
55 74 Jan
footnotes
22 Va
*65
64
No par
American
May 26
17% May 25
36%
*63%
3C0
98%
9%
No par
American
3
28
Jun
60%
64%
2%
*37
200
82%
674
Amer
5
142
21
May
*64
9
preferred
Chicle Co
41% Feb
3
25% Apr
67
36
9%
Cable
30% May 17
5
56% July
112% July
8% Jun
May
25
Jain
3
Jun
8
Feb
May 25
63A Jan
104
175
7
34% Jan
Apr
8%
Feb
Sep
May 25
18
30%
18%
4
11
xll7% Apr
30
46% Mar
8
14% Jail
11
22
41
May
131% July
20% May
&
American Hawaiian SS Co
American Hide & Leather
May. 17
Feb
130
Apr
24%
Feb
■
142
Jan
25%
98
23 % Jan
Jun
35%
35%
9'A
44 %
American
Nov
36
9%
8%
22
Nov
36
9%
*4374
6% Jan
69 V*
12%
99%
36%
2%
42
No par
3
80%
99%
*37
No par
5% Jan
Jun
2%
99
16%
2874
100
preferred
4%%
11%
2%
42
99
28%
No par
100
preferred
19
35% May 27
10% Apr 13
94% Apr 14
30
3
$7 2nd preferred A
14
8
30
$6
30% Jan
Feb
30
*88'A
67s
Foreign Power com__No
101% Apr
32
30%
30%
89
3
Co Inc
Radio Corp
Can Co common
American European Secur
American Export Lines Inc
Amer &
*81
*38
Par
4
Feb
42
*22'A
81
conv
American
82
*36
,.100
Broadcasting
Sugar
4Vz% prior preferred
American Cyanamld Co
3%%
28'%
81
99'A
No par
com__
non-cum
29
6%
Co
preferred
American
*274
1
common
American Car 8c Fdry com
7%
preferred
American
3
10
common
Corp
28
82
30%
50
Bosch
29
*81
*88 V*
:.ft 99'A
100
preferred
American
96% Jan
Dec
*38
*30
*16
28 Va
81%
30%
16%
89
29%
81%
_1
preferred
American Bank Note
22% Apr
35
50
common
conv
29
8174
*2%
Petroleum Corp
No par
Agricultural Chemical_No par
Dec
Feb
cora___l
preferred
29%
"30
16%
*88%
8174
No par
Co
*16
29%
Amerada
July
29
*16
400
1,300
89
35
8% Jan
6%
173
89
98
Dec
"l6
90
*674
173
89
24% Mar
5%
*88
6%
174
16%
174
3,700
6,500
93
Dec
6%
94
277s
20
14% Apr 12
81% Apr 20
7% Mar 14
200
1974
*90
89
89
6%
174
73
xl9%
2974
6
8
*72%
2074
93
277a
31
29
91
6%
172%
73
*90%
6,300
A 2,600
29%
4
Apr
Jan
5
76% May 27
Jan
9 Vs
51
5
23
1
Nov
58
10
2%
48%
27 Vz
"88
EXCHANGE
6% Apr
5
17% May 21
18
Apr
8
2% Jan 10
*89
6%
173%
69
2%
48%
20%
94
«
*6774
2%
2974
47V4.Jan 27
7
12%
Jun
16%-.16%
67
69
4874
*71%
20%
172%
700
2%
72%
20
*90
91
"89
7
174%
2,700
1474
27%
S per share
3
15% Mar
72%
•
3
11% Feb
Feb
Jun
91
*6%
173
3%
1474
3%
2974
NEW
37% Feb
4
4Vt Jan 20
13% May 25
95%
108
5
*89
7
176
10
3%
15
*48%
72
94
6,800
88
Highest
t per share
7% May
19% Oct
sApr
4% May
89% .Jan
*6%
*175
20%
"90
*67%
2%
72
200
23
102
88
Range Since Jan. 1
Highest
Jan
91
"89
.
1
No par
73%
20%
95
3%
*1474
,
69
2%
*
,
.
"72'A
21
"91
*67%
2%
a
73%
20%
95
67%
2%
STOCKS
Year 1948
t per share
gtd__100
''72'A
21 Va
"91;
67 %
2%
49
15
47%
2274
*98
89
Range for Previous
•
75
21
par
No par
preferred
100
Allis-Chalmers Mfg coramon_No par
3%%
conv
preferred
10G
106% May 17
87
preferred
"73
4%
American
Oct
69
15
23%
27%
17% Mar 21
Jun
*67%
3%
*46
46%
101
29%
American
43
107% Jun
11
69
2274
*98
5,300
27
4
Jun
15% Feb
common
15
46 Vz
22%
101
3%
10,900
7
29%
15
46% Apr
94
Feb
Feb
25
15% Feb
22% Mar 30
22 Vz
Dec
33%
94%
106% May 6
39% Feb 15
Jun
7
11
14%
3'A
1,100
1974
7
16%
May 25
Jan
*67%
15%
46 ft
22 V*
*100
29%
1974
7
29%
Amer Cable
33% Jan
100
;
3Va
*15
46
22%
101
*2974
20
6%
27%
American
82
14%
3 %
"100
29%
19%
29'/4
3
179
14%
47%
22%
0%
3 'A
5
"46
23%
100'%
29%
100
*16
7
May 27
May 18
20% Feb
1
3%
47%
0.1
100%
4,800
"27%
3% Jan
24
10
w w
"46
23%
101
100
18%
39
16%
10% Jan
61
*100
21%
18%
*36%
29%*
93 % Apr
27
47%
23%
100
*21%
1874
39
28%
3
172% Mar 17
No par
1,200
27%
3
Jan
6%
1,200
42%
29 Vs
Jan
Jun
19%
6%
2174
18'/a
10
2%
4274
43
*36
7,100
274
28%
Jan
49%
18 %
7'/a
2%
29Vz
3
100%
18%
;
7
80
21%
18%
39%
Shares
3974
80
29%
81
Oct
18%
7%
39
86
43
29%
19%
7%
39
*27%
Dec
Nov
29'A
18%
7%
*46
18%
♦36
tha Week
No par
Jun
Nov
29%
19%
*774
.—50
Co
6%
28%
29>/8
19 Va
1
com
Mills
11
74
38%
Salt* far
S ver sha**
Allied Stores Corp common__No par
14.
104
163%
18%
38%
%
Allegheny Ludlum Steel Corp_No
10%
6% May 27
18%
Vz
2%
92% May
177
Jun
Feb
18%
29
43%
3%%
10
42%
40
share
*2%
21%
18%
2%
Allied
42%
*21%
29%
4874
Kid
38%
2'A
"38%
2%
American
'Jan
21%
48%
Amer
35
43
"21 %
1
May 18
10 Va Mar 29
"42%
21%
preferred A
100
$2.30 prior conv preferred-No par
Mar 30
66% Feb
43%
"21%
22
2 %
v*
*80
18%
5%%
65
24% Mar 31
2%
43 %
Fridav
May 27
May 2(5
86
29%
common
Allied
21/4
2%
2%
Thursday
t
38%
*80
40%
Inc
conv
2%
38%
90
18%
Aldens
$4.50
38%
"80
29%
Alaska
31
Apr 18
90
*37%
vv
preferred
"'80
38%
1
Inc
Allegheny Corp
90
39%
No par
Vicksburg Ry
Juneau Gold Mining
4'AVr.
38%
t vcr sh.nr*
Corp__lo
8c
10
7% May 12
30% Mar 23
Jun
May 17
43
Reduction
Alabama
40% Jan 25
Jan
20% Jan
58%
30% May 12
106
6% Jan
51
29"% July
31%
103
29
34'A Jan
Mar
68
Apr
89 % Feb
Jun
Oct
Nov
47
25
w
39
$ per share
•
May 25
43%
*21%
1
oreferred
S per shore
Wednesday
2%
._
Allen Industries Inc
Allied Chemical & Dye
8% Jan
18% Feb
25% Jan
wi
common
share
PRICES
Tuesday
May 21
43'A
10
Allegheny & West Ry 6%
188% Jan
25% Feb
Air
*80
2.50
1
17
16 Vs May 25
Jun
Co
Co
Affiliated Gas Equipment
$3
3878
No par
Admiral Corp
Mar 12
93% Feb
6% May 4
172% May 25
34% May
37% May
Feb
Mar
27% Jan
104
May 23
S per
5
new
Addressograph-Multlgraph
May 13
Jan
21%
Dec
25
81
Jun
75
Monday
May 21.
Adams Express Co
Adams-Millis Corp
May 19
May
198
Dec
2
Motors
Steel
Additional
4
Mar
7%
19
100% May 23
3
90
16%
Apr
3
Jan.
100
xl71
8%
13% Feb
Jun
75
20'A May 17
/
9
3
4% May
Oct
Feb
65%
26
64
May
4% May
21% May
65
7
Jan
18% Jan
108
Nov
Acme
97% Mar
27% May
Nov
2%
Saturday
Abraham 8c Straus
ACF-Brill
46% Apr 20
23% May 16
May 25
Laboratories
9
30
5
6% May 25
Abbott
7
41% Apr
5
14% Feb
May 16
21% May 26
19% Jan
6
27% Mar 28
46
3
3% Jan
10
Jan
LOW AND HIGH fALE
STOCK
Par
49% Feb
May 27
21% May 26
27%
YORK
EXCHANGE
t per share
share
Apr 22
May 2
70
May
2%
NEW
Highest
51%
28 74
5074
s
*119
;
119
119 7's
*51
27%
50
7 74
7%
7%
7%
7%
1,200
27%
2774
27%
x25%
26 "4
9.200
*82
87 74
*82 74
87 VB
*82
87 Va
*81
87 Va
*63
65
♦617a
66
*6374
66
*60%
6274
0
4%
4%
474
52%
4%
*51
474
4%
5
47s
52%
51
51
28 7 4
27%
27%
27%
27 Va
28
28 3
a
28 'A
2 7%
27%
27
27%
27
27%
26%
27
——
*32%
33
*31%
*103'>
105
*10374
32%
105
3274
*103 %
*49 %
32%
327:,
105
52%
50
50
4974
49 74
18
*10374
18
lo
18%
18%
13%
13%-
13%
17%
*8%
974
*8%
9%
373
3%
*8%
9%
274
274
2%
*2%
274
*2%
2%
51
*49
327a
104
t
33
51
830
,
*49%
700
104
50
49
4974
13%
.
240
8,500
;ft
33%
*10374
18%
.*8%
9%
*8%
9 %
*2%
27s
*2%
2%
18
:187a
—
2,400
-
28%
2 8 74
105
*50%
5,200
7%
63
* 28
1
119%
87 74
74
110
•
26%
33
*2%
119%
6,000
5174
774
20
5
119 %
51
27%
*3274
52%
119
51%
774
2 8 74
50%
119%
146
267s
*28
*103%
51
134,600
—
—
-
400
2,900
•
•>
A
400
100
15
NEW YORK
Range Since Jan. 1
Year 1948
$ per
$ per share
24
Nov
34%
Nov
32%
Oct
21 %
2
May 25
6%
Dec
41%
106
30% May 19
Armco
13%
11 %
Jun
12 y2 Mar
4
49 Va Jan
21
28
99% Feb
4
3
$4
1
15 % Jan
5
9Va May 12
13% Jan
11
28
14"% May 16
98
Dec
111
May
95
Apr
27
Jan
21
Dec
106
July
87
Apr
12
98% Jan
27
30% Feb
14
3.7% May 16
Jun
35
Jan
84
Feb
120%
06
103
Sep
86 % May 23
105% Jan
7
Mar
107 Va
Jun
98 Va May 25
103 '% Jan
24
13%
Dec
19 y2
Jun
44%
Dec
11% May 27
36
- Feb
25
25%
Jan
66
Sep
30
Feb
•50% July
102
Feb
114
May
91
Feb
<•99
Jun
64 y2
48 Va Aug
Oct
20
%
7
18% Apr 23
Jan
9% May
I6V4 May
4% Feb
13 %i Feb
11
19
19%
Jan
;5%. May 27
il%< Jan
5
Feb
7'/a
Oct
12%
Nov
Dec
6%
xll
4%
35%
Dec
10
,
37 Va Apr
29:
Jun
13% Jan
Jun
May
86 %
*36%
36%
36-%
36%
36%
37%
37
Atl: G & W 1 SS Lines common1—1
*67
68%
68%
70
*68
70
69
100
25
A__100
*85
88
88
88
*86
38
*85 Va
35
35
34%
34%
34
33%
109
*108%
5%
preferred
non-cum
preferred
conv
conv
Tack
series''B
15
Mar 24
8
Jan
24
17% Mar 10
7% Jan
7
<
Conv
prior
Autocar
24
7
3
22
47% Jan
3
21% Jan
7
Barker
22
Jan
11
41
Mar
Dec
39% Mar
4
49
Jan
88
170
35 %
600
87%
4,800
99
1,800
87%
87 %
88
98 Va
98%
*11%
12
11%
*98%
15
11%
11%
700
37'%
-
37 Va
1,500
37%
37%
69
69
69%
*68
69 3,4
88
86 Va
86'%
*82%
87%
200
34%
34%
34%
34%
34'%
4,000
108%
'107 %
•107%
107 %
-230
96
96%
96 %
96 %
*21
20%
21
42%
43
97
108
21%
21%
21 %
21 Va
20%
21%
*44%
44%
43 %
43%
42%
43
103%
*102 %
103%
102%
102%
*102%
103%
102%
102%
19%
*18%
19%
*18%
*18%
19%
*•18%
19 Va
5%
5%
5%
*5%
5'%
5%
*5%
*14Va
*5Va
14%
*14%
6
5%
*13%
14
*13%
Bath
4
42% May 11
96
20
May 14
*96
96%
800
230
2,000
'
20
5%
Oil
Bayuk- Cigars
Beatrice
'
.
7 % May 25
28% Mar 25
10 % Jan
21
Beech
4
Beech
Creek
37
12
5
May 24
10% Feb
5%
•
*
18%
5%
6
930
40
103%
*102
19%
1,660
6
14
Mar 30
Feb
16
1
Beech-Nui
'14%
14%
14i%
14 %
5%
*5%
5%
5 %
1334
13 %
1,500
5%
*13%
13%
6
5%
;
12
Bell
13% May
6
17
Feb
18.
Bell
Jun
92 Va Jan
8
98
Mar 21
26
Feb
383/a
Jun
34% Mar 30
11 / Jan
Dec
213/4
7
Bendix
21
Nov
26 3% July
21% Feb
24
24
Jan
5
Beneficial
68
Dec
8772 Mar
73% Jan
4
78
Feb
15
86 3/4
Dec
93
Jan
5
Feb
23% Feb
11
98% Apr
26% Jan
26
2372
7
19 '%
19'4
5%
6
1,100
300
6
Feb
May 10
30% Jan
7
Best
Home
25
pfd
16,400
1,100
-
36
44 V4
4334
44 Va
43%
43%
43%
4334
43%
11%
11%
11%
11 "a
11%
11.3%
11%
xl2%
12%
12'%
12'%
42%
417a
41 %
*94
95%
94
94
13
75
*12%
13
12%
12%
*73'%
75
*73%
1!2%
41 Va
94
*12%
•
12'%
42
94
*41
*73%
7
Bethlehem Steel
2
1% preferred
Bigelow-Sanford
(Del)
Range for Previous
"73':.
75
*73 1
75
7%
7%
*29
2934
x33%
33%
12%
'13
12%
14 %
*93
31
30%
8%
12%
*12 7a
14'%
*14%
14'%
95
1234
15
*93
95
13
30 Va
31
9 3%
*11%
*12%
*
14
a
*7%
33%
33%
8%
9
12%
13
*i/.
14'%
•
12 %
12
500
10
1.600
,.
'
500
13
14'/,
*14 %
100
200
14'%
*93
95
30 "a
8%
293,
9 %
—
29%
8.3,
3%
2312
7,000
23%
12,300
1
Va
23%
23 %
23%
23 Va
23%
75%
*74
76
*74
98'%
98'%
98
98
*98
98 3
*74
76
*74%
98
98
98'%
24 ■; ■:
24 %
4
24
237/b
23%
2334
233i
24
24 Va
27
27'%
27'%
27 %
27%
27%
28 %
27
27'4
23 7 «
23%
»
76%
'28'%
*23%
28 7
28%
26 %
1,600
76
—
98'%
400
24
1,800
28%
5,100
26%
36,100
26'%
26%
25%
'26%
26:t,
132:f4
132%
13234
'132'%
33 %
24'%
243%
233,
23%
23%
23%
23%
23%
23
23%>
1,800
10%
10%
*10%
10%
10',
10'%
*10%
10 '/a
*10
10'%
500
26%
27'%
133
133
*132% 134
*2412
24%
*10%
10%
LOW AND
May 21
133
133
-
600
HIGH SALE PRICES
May 25
May 24
Friday
8*lea for
May 27
the Week
Thursday
Wednesday
Tuesday
Monday
May 23
4
26%
133
May 36
'
$ per share
26%
Feb
9 3%
13
36% July
19% May
Dec
143/4
Dec
xl3
$ per share
17 Va May
Dec
$ per share
Par
12% Feb
24
14% Mar 30
Black & Decker Mfg Co
Blaw-Knox Co
Feb
25
12 % Mar 18
Bliss
(E W) Co
Bliss
&
25
May 24
Sep
323/4 Mar
44% July
10% May 24
33% Apr 26
19% Nov
2 9'/a
20
Feb
307a Jan
12
8
40 3% Jan
7
253/4 Mar 30
223/4
Dec
23
Apr 22
27
Jan
18
Bohn
57%
Dec
96
Jan
56
Feb
16
64
Jan
12
Bon
30%
Dec
51
Jan
23'% Feb
4
32 % Jan
5
16'%
Dec
16% May
2
183/8 Mar 30
373/4 Nov
42'%
Feb
87Va
Nov
1% Aug
32'/a Dec
6'% NOV
26
Dec
7% Dec
x273/4 Mar
273/4 May
■-44%' Jun
•
•
38% Mar
July
May
5% May
10% May
71
Feb
Borden
Borg-Warner Corp common
37a% preferred
35% Feb
3
25 Va Jan
5
6% May 27
,24Va May 25
X22 Va May 27
27 Va May 25
17
10
9% Apr
16
Jan
7
29
Jan
10
33
Jan
6
103
Feb
16
"343/4 May
373/4 jun
Oct
101%
Apr
98
153/4 Mar
23%
Sep
183/4 Jan
3
x29% May
Jan
3
107a Jan
12 Va July
Feb
Feb
337a Aug
Aug
23'/a Nov
173/4
Feb
15
Nor
120
9
31 VL> May 16
99 Va Apr
Jan
6
18 Va May 23
24% May
14% Feb
117a May
8
Feb
16
x8 y8 Feb
11
120
22
;.
8
Apr
4
17% Mar 14
124
Mar 19
974 Mar 30'
Mar
65
30 Va
75
July
65
' Feb
17
69'/4 Jan
31
Dec
40
Jun
27
Feb
25
34
13
78 % Aug
90%
Jun
86
12%
Dec
29%
Feb
217a May
433/4 Jun
31
16 Va
Dec
243/4
Jun
Mar
97
72%
Dec
77
Apr
81
12 Va
Feb
7Va Nov
79
5
21
95
1243/4 July
Dec
14
29% Mar 14
99
Sep
77a
Jan
Mar
•
8% Dec
73
Dec
2% Mar
16
Mar
98 V2
Jan
23%
Feb
Jan
Roller
Briggo Manufacturing
Brown
Shoe
$3.60
7%
Budd
preferred
(The) Co
$5 preferred
Feb
15
Mar 29
Bullard
Jan
11
Bulova
183/4 Jan
7
Jun
77
92
100
Jun
71 Va Apr
88
Jan
73
"
Apr
7
21
6
173/4 Jun
137a Feb * 8
10'% July
7Va Feb 26
114
h
Dec
105% May 25
6% May 27
15V4 Jun
'89
<
Jan
60% May 26
4% May
3
277a July
105
35%
Feb
7
197a Feb 26
July
100
Jun
May
6
213/4 Feb 25
10
777a Jan
25
Feb
10
16% Jan
7
77
9
121
May 14
Feb
9% Jan
82
v Feb
>
4:
7
2
4% Mar 30
247a Jan
104
27
Jan
25
267a Jan
24
97
*18%
common—No par
-No par
8%
*65
5
Butler
1
BIdg 7% 'preferred—100
Bros
common
47a %
Butte
preferred
100
Copper '& Zinc
—5
(A M) common—No par
7%
participating preferred—100
Byron Jackson Co
No par
18%
18
18 '/a
4,000
41'%
41'%
41%
41 %
41 %
41%
2,500
45
45%
9 J Va
93
*88
143%
*13%
44%
;
44%
4,300
45
93
13,
1%
1%
*1%
1%
"1%
29 Va
29'%
29 Va
30'%
30'%
*29%
30
300
7'%
"1 %
7%
7%
6%
7
2,000
:
35
28
*100%
23%
0%
94 '
27'/a
24
5,800
9%
1,500
30%
30%
30'%
30%
1,100
*95 VH
95
95
18%
18%
18%
15
122 %
8%
8%
8%
18%
15%
*121
122%
800
•
15%
6,600
7
122'%
8%
8%
*64 Va
64%
29%
*64%
89%
*88'%
14'%
*14
14%
31%
*31
31%
'
65
65
*64'%
65%
29%
29%
29%
89'%
89
89
*883%
14'%'
*13%
*13%
10
97
*18
15%
*121
:
29%
14%
*95%
18%
15'%
15'%
*121
153%
97
18 3%
30%
*88
20
2,9 %
65
*13'%
2,000
9%
30%
14%
27%
29 V4
*30 %
89
400
23
102
93%
97
122'%
*100%
29%
30%
8%
27'%
28'%
102
93%
9%,
*121
83%
28
28 3%
9%
15'/a
153/a
122'%
4,100
2,200
28
27 Va
9%
18'/a
x22 %
-
7
24 •%
*100%
30-%
18 Va
6%
24%
,
273/4
2 73/8
*95
30
'
6%
24%
24
400
36
33
6%
243%
*23%
—
1 3-4
102
*9%
•
,36
93
*100%
27 Va
28
*91 %
<
*33
7
Wi%
*23'/a
28%
102
*7'
36
*33
■
*
29%
8%
8%
6,500
120
65
:
29
29
400
89%
100
31%
31'%
31
31
31
317a
31
31
31'%
14%
1478
14'%
14%
143%
14 %
14%
14%
14%
*79 74
80'%
*79'%
80'%
79 %
79i%
*79
80
*79
79%
*71%
72'%
1717a
72'%
72
72
*71%
72'%
*71%
72%
71%
71'%
76
*73
76
*73
76
*73
76
*73
76
73
73
14%
14%
8'%
8'/4
105'%
105Vi
50
6%
6%
2,300
60%
60'%
560
*7.3
.
.
.
i43s
8%
14%
*105%
7%
*61%
3%
107
%
7'%
-
617a
62'%
*3%
3%
22%
*100
14%
14%
8'%
8'%
*8'%
8%
105'%
105%
*104%
6%
6%
6%
7
61%
62%
3%
374
2138
22
*100'%
101
23
23'%
•"800
14%
6,900
*100
*22%
23
14%
6%
3%
3%
3%
6%
60'%
3%
.
'
•
6%
61
*3%
3%
21 Vh
213/8
100'%
100'%
*100
22 %
22'%
23
23
21 5%
102
61%'
61
62
7
106
23%
21%
21 Va
21%
101%
79%
*79
14%
8%
106'%
14%
10T
*21'%
22%
102
*23
678
14%
8%
.*105 7a
8%
*105'%
14%
14%
'
14%
8%
147a
*8%
;
15
Byers Co
65
*29%
89'%
*14
!
—
Bush Terminal
30'/4
*88
100
No par
8%
66
*29%
15%
*121
30
18'/a
433.,
23%
24
29
102
97
15'%
250
25
*91 Va
34
31
18'/a
1,800
57
6%
37%
31
25%
57
*24%
25%
29%
7'%
9%
2,200
25'%
57
20%
1%
30
*95
122'%
Burlington Mills Corp common
1
4% preferred
100
37a% conv'2nd preferred
100
372 % preferred
_100
Burroughs Adding Machine—No par
Bush Term
9%
8%
25%
24%
•
'200
41%
20 3,
44%
1%
27%
18%
25%
*56%
4
25
'
93%
44
"91 %
28 Va
307%
*95
*38%
203,
41%
41%
41%
443;,
93%
102
*30'%
41%
20%
18 '/„
*23'%
15
*38%
11
18
24'%
29%
*10%
4
1,600
18'/a
18
13'/a
7'%
1
pfd
18
943/,
*15%
3.60%
56 3
9
9',
11
10 3
25
56%
7'/a
*121'%
Inc
24%
*24%
94.1',
5
Co
20%
58
73/8
10o
Co
Watch
41 %
20%
2434
24%
24%
10
1
*38%
21
7'%
28%
:
41%
20%
24'%
*9%
NO par
Buffalo Forge Co
Buff Niag El Corp
*38%
*
25
7 Va
102
9
11
*56 Va
*35
28 '/a
common
41%
21'%
•73/8
No par
Bucyrus-Erle Co common
36
May
Inc
7,300
*10%
24%
29%
1,900
9%
*24%
29 Va
37
*23%
12%
10%
*7'.'4
*100
12%
10:t4
11
24%
Brunswick-Balke-Collender —No par
91
Feb
Co
2.50
100
12%
25
1%
774
*35
■
12%
9'%
9
2434
41%
31
7%
Corp..No pav
—No par
preferred
15
17
5
Co
Briggs & Sttatton—
Bristol-Myers Co common
33/4% preferred
Brooklyn Union Gas
Brown & Bigelow
May 23
13 3% Apr 19
Apr 26
12 Va Feb
Bearing
Airways Inc
:
2.50
Brewing Corp of America—
15
Bridgeport Brass Co
:
..No par
25
9%
44
1%
.*30
25
8
93
*91
9334
*1%
Braniff
'
45
*91
25
57%
*24%
41%
44%
5
100
Bower
3?
Nov
*41.'/a
15
(The)
Boston & Maine RR {assented)_100
477a Jan
NOV
Co
13
8% Mar 30
25
27
18'%
5
6% Jan
Jun
90 Va
18 7a
7
25 3A
;■
25 %
7
ll7/a May
Dec
58
Inc
25
13 %
24'/a
24%
57%
Mar
92'%
8%
Stores
4
'
25'%
57
24%
Jan
29 % May 25
20 3%
—1
B
96
.2'/a Jan
*38%
21'%
*24 7a
5
A
54
9
41'%
No par
BVass
&
class
42 % May
lVa Mar
Jun
367/8
Bond
*10 3
*38 Va
5
11%
*21
No par
21
42% Apr
7
Class
Co
9%
Shares
share
12%
133/8
13'%
13%
9%
$ per
share
25
25%
25
$ per
$ per share
$ per share
•
26
13%
9 %
„_No par
Aluminum
Ami
13'
9VB
*10%
2.50'
91% May 11
66 %
■96
42
7
%
2534
257a
*133s
No par
LaUghlin Inc
Bloomingdale Brothers
Boeing Airplane Co
Apr
373/4 May
"25%
1
137a Jan
$ per share
Sper share
No par
1.200
7%
33 la
95
29%
9
*
1J
•<
1414
*93
30
*11%
12 %
2,800
•
30
*29
30
33%
95
29 Va
30%
8%
7a
*93
26%
No par
7%
*7%
*29
12'a
24
,.
12%
'
95
EXCHANGE
Highest
500
75
34'%
STOCK
NEW YORK
13
29'%
STOCKS
Range Since Jan. 1
Lowest
'*12%
*7%
.
—100
No par
13
34 Va
com—No par
Carpet
Birmingham Electric Co
*123%
29 %
1
33% Jan
7'%
40
12%
77'8
23
136% Feb
*73%
95
29%
*74
3774 May
143/4 Jan
12%
12:%
42
34%
12
190
12%
34'%
*98
800
42
*7'%
*30%
11.7a
*11'%
700
*95
*29'%
*93%
6,700
95
12%
."
43 %
42
8
*14'/a
43
42
35%
*12'%
17 Va
37
*94
30
12
600
17
37
.
.417a
*7%
914
Dec
..
*3414
12'%
3,400
\
95%
1234
41
*94
*29 V4
„
7514
-98 V2
25% May 25
75
3,900
,
66%
413,
11%
12%
*64%
43%
12 V4
183,
19
19
.
17'%
"37
23%
130% May 12
11% Mar 11
*17
9Va
Oct
31% Mar 21
17
38
*16'%
8,000
6,600
42%
17
*73%
Foods
A-Z
*37
10
1
42
17
*23 Va
•
*41'%
37
—10
com
66%
42
41
1,400
9%
9'%
18%
19%
*64%
37
33 %c
Appliances
Indus Loan
19 7B
19 V,
66%
18
17%
12%
V
5
:
18 34
4
19%
*64%
39
<
—100
—
—
18 3
13%
9%
9%
9%
66%
64 %
42
18'%
133,
10
*16%
1
1
:
1834
183%
133',
9%
93*
*37%
pfd $3.25 ser of 1946.No par
Cum pfd $4 div ser of 1948_No par
13974 July
May 27
9 % Feb 25
'
50
10
*
13%
17'%
1
1
-
18'/,
18'%
37%
v
9'%
9
37%
44
*11%
100
—
9'%
37%
39
___No par
L100
2.50
10
18'%
18%
66%
42
17 '%
Cum
Mar
23
43 Va
9%
9
93%
37%
*37%
1
:
18'%
66 Va
-
50
common
18%
*65
*42
—10
Corp_
9%
*65
•
,
Best & Co
25
10274 July
3072 May
37i'% May
.
10
*18%
*14
5
preferred
14
9%
*18%
Bendix Aviation
Jan
29% May 25
6% Apr 13
4'%%
13%
10'%
Aircraft' Corp—
& Howell Co common
13% Jan
Jan
14
14'%
10
9%
Belding-Heminway
24'/4
14
*14
10 '/a
Corp
103'%
37%
14Va
RR
Dec
37%
9%
Packing :Co
Dec
Highest
5%
6
14'%
13%
5 %
*13
37%
10 Va
(AS) 4%%
145/a
Year 1948
.
37%
•
Mills, Inc
90'%
25
-
5%
13%
37%
•
s
Co
Aircraft
32% Feb
33 % May 27
Mar
37%
37%
•
pfd
conv
Beck Shoe
207/a May
193/4 Mar
6%
6
14%
14%
5%
13%
5%
14
1
Inc
Foods
3%%
3
75
Apr
373/4 July
! 1 6
37%
100
common
Works
Iron
Feb
69
'.
Co
Beaunit
20V4Jan
3472
: 6
14%
14%
■
Works—<—13
preferred
8!
12% Apr 27
Jan
„
.-No par
Inc
Brothers
12
25
tper share
180
•
37 %
45%
3
common
Ohio common
&
Barnsdall
Ja,n
Lowest
96%
35%
45'%
5
preferred
—100
Aroostook common;—50
5%
preferred
;.—^_100
Oil Corp
(Delaware)
10
10'
12 y4 May 23
Nov
96 Va
88
35 7 «
45
97'
100
400
3,400
1
87%
21%
&
4>7a%
32
9
14 %
97
non-cum
3
87% Feb
22 3/4 May
Amer:
of
preferred
Locomotive
Barber
Apr
Jan
Co
(The)
(B T)
Conv
90
263/4
14%
21 %
C
5c
conv
Bangor
Feb
-
37
Jan
4%
7:
Jan
70
16
393/4
14%
*102%
*18%
■
($1.20) —-No par
Corp
Mfg
25
9% Feb
pref
Avco
22'/a Jan
43.72 May
Feb
93%
;> 5%
100
.NO par
Co
Canteen
Mp,y25
.
2372
30 3%
*8%
108
109
96
9'%
97%
-
260
15 Va
21 %
.
common—-—No par
Automatic
H Mar. 18-
Sep
125
109
109
290
*14'%
45'%
5
No par
preferred
Corp
.—:
Baltimore
Dec
9%
*108%
97Va
-100
:
common
Nichols
Austin
series
33%
2,200
95 %
97'%
98%
Atlantic Refining common-
40 Va
87
87%
98'/a
*11%
Line rRR—No par
*107
*96
11%
Coast
1,100
15%
*35%
98%
4%
Dec
107/a Nov
14'%
87 %
87
-i
12,400
107%
*40'%
X95 V*
95%
*9
97
11%
Atlas
80'%
Feb
*
;
35%
98%
Preferred: $3.75
157a
14'/a
35%
86'4
Atlas Corp
Powder
303/4
Feb
35%
12
Jan
45 %
Feb
87%
89%
35%
98%
Atlas
13% Apr
17% Jan
32%
*95%
*88
89'%
350
5%
52'%
52
107%
14 V4
86%
20 Va Jan
Jun
1672 Mar
30
96'%
96
96
5%
;
40%
953%
*107
14
11%
106
Jun
100
133/b
9814
100
—10
.
Jan
45
Dec
9 Va
86 Va
Baldwin
39% Apr
69
9%
12
Babbitt
59
163/8 Mar
9 Va
>
98%
7"
18
Nov
15'%
IS3,
36'/a
35%
*14'%
133.,
9%
14
*88
36
107%
14%
40'%
9534
107%
5%
52 %
'
40 Va
*95%
1434
9%
95 %
96
89 Va
36
15 '/a
4
407b
96
1073
95
107%
5'%
52%
52
"
87
7
65
9
9C
*88
96
108
5%
5%
52
40%
41%
95%
•■'
52
12
15
Jun
Feb
95 %
5%
.(
52
86%
14% Jan
31,7a
31
41
41 %
5%
-
98%
preferred
non-cum
11% Jan
80'% May
:287a
preferred
Topeka & Santa Fe com__100
5%
12% Jan
16'% Feb
<29'/a July
.
2nd
3
Feb
Dec
7%
$2.25
Feb
36'% Nov
6%
10
137a
X20
41 %
5%
52
13 3
44% Jan
60
40'% Nov
•5s/a,
52
14%
9% May 24
87a Feb 24
167a July
Feb
15 5%
Jun
17.%
;
Mar
117a
5%
•
167a
Feb
133/8
20,200
86
•
'
Jan
46
Jan
1,800
21%
85
14
58
6% May
29%
21 Va
85%
52%
*95%
Associates Investment Co—'—'—10
4%
98% May
23% Apr
5 % May 24
Dec
7
109% Feb
25
Nov
4%
•
.
6
4
•
Feb
100
Jan
24 y2
Jan
42% May 26
Apr
114
Sep
99
647a
14
94% Jan
20
25% May
•
Mar 18
28%
22 %
85%
5%
*52
common—1
100
100
Dry
May 23
Jan
29
217%
86%
.
*9'/a
70
9.4
29
21%
85'%
86'%
10
Atlantic
39
27'%
85'%
84%
*9%
7
14
27'%
21'%
86'%
-No par
Jan
Feb
28%
22 74
*15
Goods
1st preferred
Atch
27
15
Associated
Shares
21%
Corp
47
77
106J/a Feb
Artloom
for
the Week
22%
108
Constable
Sales
May 27
S per share
29'% > %
86%
*86
5
com
Friday
May 26
S per share
227a
108
A T F Inc
33 %> Feb 24
Illinois
of
Thursday
:
$ per share
29'%
"107%
*14%
7
T
Dec.
Co
•
22%
No par
No par
5
Jan
Feb
100
<
conv
15
53
Dec
81
Nov "
xl9%
July
•62
preferred
May !M
$ per share
30
Carpet Co Inc
Arnold
11% Feb
22%
preferred
preferred—
$3.75
110 Va Jan
-
*29 %
10
$6 conv prior preferred
No par
Armstrong Cork Co com—.—No par
18
87'/a
26
&
No par
Wednesday
May 25
Tuesday
$ per share
$ per share
com
Corp
conv
Armour
Apr
13% Mar
May
19
8
10
94% Apr
17% Aug
Dec
7% Jan
77% Jan
39% May
106
115y2 July
18 J/a Jun
Dec
7
May 10
57a May
51
Jun
99 Va
Jan
Nov
3
95
Steel
AVi%
Monday
May 38
May 'J I
Archer-Daniels-Midland
26
Feb
84% May 25
Jan
56%
Feb
88
103
Jun
157a May
Dec
68 Va
1-
101 %
Dec
Saturday
Par
27 Va Jan
'
Monday, May 30,-1949
LOW AND HIGH SALE PRICES
STOCK
$ per share
chare
26% May
Jun
23%
CHRONICLE
FINANCIAL
EXCHANGE
Highest
Lowest
Highest
t per share
&
1VSTOCKS
1mi|« for Previous
Lowest
89
COMMERCIAL
THE
(2324)
16
a
H OO
20
.,
'200
30
•
8,000
1,400
1,200
3%
;
21%
1,500
-
10
101
22%
600
22%
1
277a Mar
4872
52
547a
Jun
l:7a Dec
5
Dec
217a Dec
9
Nov
1017a Nov
37:7a Dec
147a Mar
10
Mar
38
Mar
Jun
30
31% May
15% May
119
Jun
44
May
May
26
2
•17a May 25
3% May 3
36% Jan
26
58
18
Apr
17a Jan
6
22 3% Jan
10
12% Feb
4
May 27
109% Mar 21
377a Jan
3
1674 Jan
1134 Mar
8
4
14% Jan
4074 Jan
5
45
Dec
Tor footnotes see page 26.
preferred
32
31%
31%
*53%
54
53 74
1
1V4
1%
Zinc-Lead
41
May 6
18% Apr 11
Copper-—5
Campbell W & C Fdy
No par
Dry Ginger Ale. com
1.66%
$4.25
conv
preferred—No par
Canada Southern Ry Co———100
Canadian' Breweries LtdNo par
Can
•;
4
.
20
*10-%
105%
40
*18%
7
24
Canadian
Cannon
Pacific
Mills
Ry
25
No par
12%
*43
1
*53i%
.
H1 %
31%
31%
313:,
32
32
53 %
53%
*53'%
54
53%
1 Va
17a
1%
4
4
3%
4
3%
20
19%
20
Xl834
19
11
1034
10%
10%
11
*105%
106 74
105%
105%
40
*39%
40%
39 Va
18%
*18'%
18%
*18%
12%
12%
12'%
12
121%
43%
43%
43 Va
43
43%
106 %
3%
18'%
18%
18%
10%
10%
11
11
18%
10%
.
174
3%
104 7
*33;
1»%
a
*3%
4
1,100
32
31%
54
'
1%
"
Jan
31%
53%
1%
Calumet & Hecla Cons
5% Jan
7
3
104
5%
Callahan
Feb
18
*31
50
California Packing common—No par
7
,9% Jap
X197* May
197a-May
47 %
Feb
52
.
Sep
May
874 May
3
53'%
.
30
1 Va
3j400
4
2,300
18%
7
18%
1,700
1038
10%
5,000
50
104
8
104%
*102
104%
104
39%
*39%
40%
*40
40%
*40
13%
*18 %
18%
*17%
18%
*17%
12
12'/a
11%
12
11%
12
*43
43%
43%
431/4
43%
43%
40%
-
90
18%
18,700
600
Volume
Number 4807
169
COMMERCIAL
THE
YORK
NEW
Range for Prevloua
$ per share
Feb
18
48 %
Apr
56
37/e
Sep
IOOV2
Feb
Lowest
Highest
$ per share
11
$ per
50
Mar
15■
4
,
100% Mar 24
Nov
Dec
32
30
Dec
41%
12'/8
Dec
19% May
30
Nov
43 %
303A Mar
108
May 27
12% Jan
4
3 5 34
26% Jan
July
Jan
9
5234 Jun
130
Feb
147 % July
x50
Nov
68 %
22
Feb
97
Feb
Feb
140
131
39%
17%
Dec
16
Dec
4
37
X
5
Conv
7% Jan
24
Case
T
Mar 12
28%. May 27
32'/4 Jan
7'
7
$4.75
6
7%
May 25
26 34 Jan
7
1834 Jan
11
17
21
Feb
15% May 18
11 %
Sep
8 %• May 27
12%
JUn
3%. May 11'
38% July
14'-". May 11
Feb
-5'A
Dec
22%
Dec
6%
Dec
100%
'
■
.
Jan
Nov
.
? 8% Mar
.
108
63/4. Mar
6 '
Oct
Jan
10%
Dec
7%
Dec
18 %
Dec
28%
12%
Nov
20
14%
*34
35
*0:,4
6%
32%
32 %
1st
preferred
2nd<preferred_.___.
5:
7-
Central
Mar
84
Jail
19
20
111; Light
26
12% Apr>20
Central
9% Feb
28'
113b iJ an
6
v
21% Jan
13%.Jan
24 V2
Feb
33
Jan
Jan
18
17%
Feb
26%
JuA
10% May 27
23% May 19
20% Feb 10
24% Jan
7
90
Feb
100%
Jan
92
Mar 17
97% Mar
4
Dec
15%
Jun
6
May 25
834 Jan
May
18
May 24
28% Jan
25% Mar
31%
76%
30
'■
Dec
7%
Feb
9;
*
Nov
7%
13%
Dec
33 %
8
Feb
11
7% Feb
24
Dec
Dec
25
18% Jan
10
/ Jan
8
5% Jan
7
8% Jan
7
Chic
7
7
10 % Feb
25
15 A'Jan
49% July
29 % Feb
24
Feb
11
Jun
493's Jan
20
55% May
Sep
72 % Oct
15% Oct
28'A Feb
24
34% Jan
Jan
July
74
Jail
12% Feb
4
Rock Is &
Conv
preferred
NEW
$
;
per
Feb
Apr
25b May 26
Oct
63 34 May
38% May 26
60
Jan
7
31
Feb
42
Jun
3234 Feb
15
36
Jan
8
Chile
50%
Nov
65%
Jun
48% May 27
58
Jan
7
23 34
Feb
2934
Jun
26% Apr 25
hi May
7
3034 May 17
90
Nov
19%
Nov
36%
973:2 Jan
101'A May
27
Jan
4
Feb
11
X20
May
42% Jan
3
63b Feb
48% July
25
16% Jan
7
Childs
Co
534 3/
Cincinnati
Rights
4%
4
52 34 May 19
C
Gas
Elec
&
10
Apr
80
Feb
4
83
Jun
25
Jan
3
29% Jan 27
15%
Jan
21
May
163b Jan
26
1834 Jan
7
3032 Jan
8
Clark
Jan
x25
Aug
Jun
77
Apr
5
3634 Mar 21
34%
Feb
Jan
111%
Jun
5
22%
Nov
34%
Apr
X22
Oct
108%
Jun
85
Mar
3
"v May 26
25% Jan
26
2
5'h
Jan
11
107
May
Nov
78% May
43
Jan
18% Mar
12 5 b Jan
3
1534 Jan
25%
3
Nov
35%
Jan
105b
Jan
3634 May
137
Feb
7534
134%
60%
1332
31
147
Dec
Dec
183
Dec
6334
1332
Dec
x87 %
May
1383'2 Jan
July
71
25
Apr
Apr
13
1%
82% Jan
28
4%
141
152
Jan
Coca-Cola Co
12
63 34 Apr
9
1075
Class
A
35% May
24
24
Jan
7
Nov
25
13% Jan
8
4%
non-cum
May 10
11% Jan
10
4 '/e
non-cum
24% Jan
10
3134 May
16% Apr
30
1434
10% Jan
4
Jun
2
Colo
10
Class
13
27%
4834 Mar
58
29
Apr
Apr
2
25
1134 May
4-
Sep
v-/32%viMay!/
i
./'v 6%'May
Mar
21
103%
253'b July
18
2134 Apr
26% May 13
25
52 A Mar 17
Jan
12
100% Jan 31,
14% Apr
18
21
3
.
-
Jan
3
1"7% Jail
4
.
May 16
89 34 Jan
3
103 34 May
9
25% Jan
3
27% Jan
7
7 % Feb
,
11
''6%
6%
>
*3%
4
4
1074
10%
9%
10%
934
934
14%
14%
6%
4
4
5%
5?b
5%
22 3b
2134
22
<:
13
12%
12%
*32
32%>
3134
32
*26%
27%
26
2G%
"25
*52'4
54
*52%
28%
29
28 34
28 3 4
28%
29%
29 %
2934
1234 .12%
12%
3034
30%
3C%
31
25
25%
25 >2
25%
65
64
64 34
64 34
10
10
10
10
29%
3u
64%.
64
Monday
May 28
*14
.
*
*14
14%
*14
14%
May 25
44
14%
3
2%
2%
44
"2%
43
44
41%
423-2
35 3 4
34%
34 %
49 3'.
5034
49 34
283-
29 34
10134
3
*3434
503»
50 3
28%
29
b
2%
35 3
*34
4
9% Jan
8
30 A Fel>
1
26-34 May 3
25 % Feb 11
29
'234 May 11
2134 Feb 25
23%. Mai- 30-
May 10
4%.Jan 21
xl06
Apr
6
107% Feb
10
12
Feb
10
1434 Jan
50
34
7%
21%
(
13%
137
14
2%
38 34
*34
35%
49 3
28%.
2834
*10134
101 %
*34
28%
49 7
50%
«
"7%
7%
49 1/0
50%
*16%
*2634
"70
*16%
17%
*150
16%
*22%
23
22%
*10 6 34
1 08
*10634
50
*66%
gtd
100
28%
29 34
Ha
%
*102%
21%
21 %
49%
49%
51
5134
*7%
51%
50%
108
__100
8
7%
*7%
*8134
83
"8134
*28%
29
28%
17 34
*16%
17
40%
*106%
22 32
"22 34
106%
23 %
Commercial
3.60%
33%
*9334
15 7
62
■'')2
22%,
30U
130%
61%
131%
*10634
66
62%
4%
4%
800
23 34
23 34
2,000
*74
131
34%
34%
•33%
34
933-4
931
94%
93 34
93
%
*93 34
16
153
15%
15 34
1534
15%
15%
1G
16
16
16
16 34
16 3-4
16%
16
34
"15%
15%
16
141
2
14%
14%
14%
15
14%
So
16%
16 34
16
16 34
16
1634
16 3
1034
10
10
*9%
10
*9%
1st preferred
100
*1034
10%
10%
1034
*10
2nd
100
1034
*9
10
2.50
"17-%
18 34
17%
17%
*17%
"17%
18
17%
17 %
17 3
Inc.—No par
10%
11
10%
11
10%
93 %
70
15%
1,100
16 34
1,300
14%
6s. 400
16 34
16 3 a
1,700
16 34
*934
10-%
10%
*10
9
10%
*10
34
"10
9
5,100
30
9
10%
*9
70
10
*9
10
*9
10
*9
10
18
17%
17%
17%
18
18
18
1734
1734
17 34
17%
17 "a
17%
10%
10%.
10%
1034
10%
10%
10%
26,900
3/64
preferred
1
1
is
Hi
11.
i'B
5/64
299,500
10%
3,500
1,600
~
U
11
common—No par
b
10%
"56
10%
10%
59
10 7
H
10%
10%
10%
10%
17%
10%
800
No par
*56
59
*56
59
*53
58
56
56
No par
*30%
31%
30
30%
20
30
30
30
29%
29%
29%
29%
1,100
Ohio Elec Co new.5
*21 3 b
2134
21
21 %
2134
21 %
2134
21 %
2134
20%
2134
3,800
25 >4
24%.
25%
25
25
24%
25 34
4,700
51%
2,500
Co
,2134
58
."55%
100
Engineering
Inc
25
No par
Credit common'
100
<*98
Commonw'lth & South com__No par
3%
Solvents
preferred series.
_—_No par
26%
"8 3
Conde.Nast Publishing .Inc—No par
Congoleum-Nairn Inc
Cigar
*2834
u.No par
Consolidated? .Coppermines
"3
Corp—5
22%
Consol,Edison of N Y com—No par
preferred—
107
-No par
;
b
27%'
No par
50 7
5134
50%
50%
50%
51 34
99
99
983
b
98 34
981
a
99
*9934
15 "
14%
14%
14%
14%
14%
15
14%
3%
a
37«
4
v
4
3%
101%
*101
25
Commonwealth Edison Co
24%
25
51 %>
99%
51%
_10
*14%
Consolidated
93 34
'1534
15
16 %
34%
14%
14%
1034
b
210
34%
94
16%
143
1,100
62
93 3-4
94
13134
62
3434
16%
10
34;
*1020
14%
System
74
1313-4
62%
1020
34
14.1
*138%
76
"62
*
140
34%
8
3,900
4%
23 34
130%
131
29
29
8,200
34
*74
*1020
70
13%
*4%
23
*138 3-2
140
66
39%
13 %
29 >/„
29
75
130%
108
"38
13%
29
62 34
62
*1020
108
34
33 %
"15%
No par
$5
90
22
*9%
com
preferred
Commercial
$6
133
62
6,200
x22
39 "4
•138 34
'1020
41
111 34
67%
138%
*131
62 3 4
1,200
75
40 %
13
138%
133
*70
41
300
25%
180
111
4%
*131
75
300
111
23 34
*73
300
•
17%
25%
"150
"38
4%
75
7%
"16%
34
*65%
23'4
*73
900
5,900
83
13%
4-%
75
-
40%
%
28%
06 34
*38
23%
"73 3-.
7%
370
*8134
16 %
25
60,700
103
"28 %
.
39 32
6634
39%
7%
83
28%
180
*106 34
108
4%.
76
20,900
111
23%
*74
*62
07
*70
40%
111
4%
"138%
"1020
2
25%
*lou
75
40 34
111
108
16%
25 3h
180
23 %
140
No par
5
4 %'
23%
102
83
112
22%
.i
51%
"70
22%
2934
28%
21%
75
40%
20
28,800
102%
x25
*70
760
'48% >49%
*
21%
"150
"'111
5,500
35%
21%
26
40 74
112
*111
1,700
27b
41
*34
49%
Shares
13%
2-%
.39
101 %
180
140
*138%
2%
41
4934
4
13%
13%
tor
the Week
21%
"25
75
40%
40%
11134
*00
Sales
-May 27
10134
*150
180
"70
75
1734
26%
26
2734
180
29
"
$ per share
share
35%
29 34
*8134
800
r
10%
22
7-'%
7%
83
"150
H
27 a
41%
2%
49 Vb
"21%
4,500
64
!
Friday
May 20
$ per
39
49%
28%
22
1,300
29%
"10 3b
/Thursday
$ per share
%
101
2j500
54
64
,
3,100
i
PRICES
Wednesday
Tuesday
May 24
$ per share
J per share
$ per share
%
10%
%
25 34
•'2934
*10
8.906
5,800
30%
*52%
64 34
11
12
'
30 %
54
30'J
3%
6
12%
,
1;100
21%
-.25%
*5234
54
65
HIGH SALE
12%
500
2,100
0%
6%
5%
12%
*52 3-4
8,000
9%
14 3-a
•
3%
26
54
10%
1032
14%
21%
31%
i
2(900
%
12%
400
2i200
9%
*934
i
4
30%
13,400
4%
217b
6
21%
*12%
54
22%
*3%
6
21%
6
21%
32%
81
9%
6%
7.
7
600
'434
•
9%
14%
9
160
900
18%
32%-
10%
32
14 32
1.660
6
£•1834
9%
10%
xlO
%
7,500
93
t'80%
4
20
100
Carbon
Superheater
7
Dec
10834
734
9%
14 3 4
31
com—No par
Pictures
Columbus &
11
xl8V4Jun
Feb
7%
111%
S4.25 cum preferred w w
46% Feb
106
3634 July
7%
■
"when issued".
Columbian
95
July
29% -.May
334 Oct
Dec
10%
*9%
14%
4
29
preferred
Gas
Columbia
y
i May 16
3234 Jan 13
21% Feb
53% July
Dec
x24%
10 34
1534
32 5 u
81
4 34
«
No par
Southern Ry
Combustion
Dec"
10:%
9%
1434
*81%
B
Rights
20 34 Apr
8%
10%
9%
15 34
*28%
Broad Sys Inc cl A
Columbia
Apr
78%.Jun
>•
Apr
2934 May
.11% May
10%
15%
83
Inc___
Iron Corp
conv
Columbia
5/64 May 27
4 2834 Jun
Dec
10%
32%
i
2,600
20%
92 34
6
18%
2.50
Fuel &
5%
Colorado &
23% Jan
3/64 May 25
734 Feb 10
13 34 May
Mills
12
3734
Nov
1134
1
100
preferred
$3.50
Jan
Feb
4%
113b
*40%
Collin:; Si Aikman Corp
Colonial
Nov
80 74
4%
"10
No par
1934 Feb
10%
32%
8034
*1834
11
Corp
No par
Colgale-Palmolive-Peet com—No par
1734 Jan
20
32 34
81
34
65
(The) common_No par
9334 Feb
17% May
32%
'18
*10
Internat
8
3238 May
32%
11%
z.100
_:
Coca-Cola
Jan
17
Dec
18 3 b
"
24
"2334
*
100
7%
"20%
6%
*6
81
*9%
24%
93
6%
6
*7
21
*92%
18 34
1134
•9 3
*2334
*20%
b
18
11%
100
preferred
cum 2nd preferred—
Mar 22
20'A
6%
11%
50
7%
Co
Jan
8
634
29
12
25
93
24
29%
19
90
20 7
93
*23
29%
19% Jail
>
20%
93
30
8% Mar 22
Feb
20%
93
2934
15% May 10
2%
24
*2034
4%
14% May 23
Nov
"23
4.34
,*5234
200
10%
23 34
Oct
xl6
"103-b
30%
Oct
104
10%
23 "2
Jun
Jan
10%
*4%
2234
90
10%
29%
2234
36% Jan
10%
1
1834
Feb
^10%
1
Dec
18%
10 5b
^
Feb
■
11
94
5%
13,800
17 34
29%
stock
Industries Inc
Feb
Dec
1734
*8134
Corp
1234
Dec
17%
13%
16
Sep
1734
13%
15
754
17%
13%
96
49
173b
"38
2634 May
28 s/a
17 34
20%
*3%
1234 i
1734
24
6 34
4;400
-10%
1734
*66 3
2534 May
9% Apr
*1034
7%
07
Sep
18% July
17% July
'11%
11
200
22%
1934
7%
13%
Feb
Dec
•12
*10%
60
^134:B
'*80
7%
39%
Nov
9%
11%
11
94
No par
X1334 Feb
89
12
10 34
*
13%
7
2934 Feb
Jan
11%
1074
"66 %
Clinton
5
12%
"38
Clepay
6
11%
10%
14
2
3
23
♦
3,100
1%
"107
80%.
22%
3 4%
434
108
80%
23 >4
'*7 3
100
600
7 34 %>7%
80%
39 34
12
Jan
1075
10734
2;300
V
*1434*
7%
22 3_.
07
20
60% Jan
Jun
108
7 34
1(100
v
i
15
15
*'
7%
•15
100
$%•
*7934
*13%
55 b Jan
26
14%
7%
*38
305/a Feb
Apr
4
No par
3034 Jan
8
8 "4
*3 34
*107
4%
22 7
15%
*8 "/a
4
79%
434
*3%
15%
8%
500
"7%
*28%
i
RR
16
11
4
81
7%
15%
14%
4%
">■
90
4,100
8%
1
12(100
18%
JUL.
yiw ,J7
17%
:
Pitts
&
Special gtd 4',/
15
9%
32 3
2534
100
12034
*16%
774
107
247 a
120%
15%
*-4%
5
Climax Molybdenum:
1
130 % Feb
Jan
July
4534
Jan
434 Mar
22 34
92% May
July
■
25 3 b
17%
Cluett Peabody & Co ccm_—-No par
19
Dec
32%
20
prelerred—,
Cleve
26
Dec
3;300
7%
100
Graph Bronze Co com
-100
140
*138
57%
4
No par
preferred—
2; 100
*99%
20%
*23
94
*80
«
No par
$4.50 preferred—
Feb .17
47% May
66
May 9
3934 Jan 13
73
Dec
1254
Dec
20 3 4
94
5
non-cum
Cleve
39
4%
24
*20%
Co_—10
Louis Ry Co com
600
31%
«
100
*6434
Cleve Elec Illuminating com__No par
3
Feb
69%
27%
*23
22%
Equipment Co
5'Z
9
42% Jan
112% Feb
105
Dec
2334
10%
101%
City Products Corp—
16
109
43
11
101
City Investing Co common
5 34 %
preferred-
16
Apr
C C C & St
105 %
105
83b Apr
July
88
10%
V
*22
City Stores Co
May 25
80
173a
100
I T Financial Corp
33
176
17%
8.50
com
100
6%
121
-
84%
July
17%
25
preferred
Dec
Jan
31%
22%
1234
7%
1
Cincinnati Milling Machine
24% Mar 17
31%
900
>
35
*G%
22 3a
1074
25
Dec
38%
12
2574
par
10
-300
14%
t
*997-2
LT.
IS May 17
10334 May
4
7934
4
*7%
100
Co
Copper
Dec
2734 Mar
107
>
34
22 3
May II
common
75%
176
80
2234
Saturday
preferred
243 a
7%
108
*79%
23
*10%
STOCK
Chickasha Cotton Oil.
19
5 Va Jan
63
2,300
'28
14%
*33%
*16%
15
*7 34
LOW AND
Chrysler Corp
13% May 25
35
18%
'
"1.4 3 4
7%
Par
Nov
45'b
28'4
28
v
121
100
A
series
YORK
234
1934 May
57%
25 34
*334
774
*107
8034
12 34
RR Co__No par
share
14%
.
283b
■"
14%
18%
4
14%
11%
EXCHANGE
Highest
!
$ per share
44%
/
Pac
Chicago Yellow Cab_i.i__i-._wNo
Range Since Jan. 1
Lowest
Highest
23%
18 34
874
4
STOCKS
$ per share
260
100
18
16
8%
734
*734
6 34
Chic
2,500
103
121
*334
4
*10%
22%
20
May 11
Year 1948
Lowest
22:%
vtc__No par
Paul & P
Range for Previous
$ per share
*79.34
A
5"/c
preferred
100
Chicago Pneumat Tool com—No par
$3 convertible preference—No par
4
May 24
>
10
14 3
108
108
preferred vtc_______100
Chicago & Northwest com—No par
21
64
Milw St
Series
8
36% Jan
29% Mar 30
25
42%
Feb
734
Chicago Corp (The)
1
Chicago Great West Ry Co com—50
5 ';*>■ preferred:
_50
33 34 Jan
25%
15%
'
24
May
874
*334
*734
East.. Ill'RR Coiconu-NoRar
3 % May 10
57
10
U._)
21% May 27
v40,
15%
8%
3%
_^No par
Jun
23% July
'
1534
87b
—_Na par
4
Chic Ind & Louis Ry Co class A__25
Class B
No par
49% Mar
45%
Co
ClasS
7
<
15%
16
*14%
1
_
preferred
Chic
12
May 16
10% Apr
9
13% Feb
5% Feb
17%
80
1134 Apr
9%
Apr
*16%
8%
5
13'A July
41% July
7% Mar
17%
32%
7
100
7
*102
138
138
57 34
24%
"10%
80
8% Feb
140
*120
1674
32%
July
17% July
6% May 24
Belt
$4.50
T
31%
18%
3%
Champion Paper & Fib com_aNo par
3
15% July
4% Mar
26
Chaih
21
31%
*99%
j
121
18 34
19 %
12%. July
Jan
30
Certain-teed-/ Products
247b
99 7
99%
18%
*1834
Feb
6%
57
18 3-4
19%
5% Jan
6%
*138
57%
121
*1834
85
140
2434
99%
Chesapeake Corp of Virginia5
Chesapeake & Ohio Ry common—25
3 %convertible preferred
100
3434 Jan
*3334
31%
13%
com_5
Copper Gorp
25%
121
121
7
7
9
Corp
4
99%
99 3 4
•634
22% July
Jan
West
24 3
25 34
6 34
3
35
6%
32
57
6%
14
*34
55
7
28%
14%
1434
1434
6%
*138
58
634
Jan
14 % May
a
Jan
6
12
140
57%
28%
for
Shares
13%
*5334
103
*28
28%
*12%
7 3-4
102%
2834
*28
34
31 %
1—1.25
Feb
•
34
634
Checker Cab-Mfg_
4
31% Jan
Jan
>
9
*14%
14%
6%
1-
79
90
Feb
6'
-Jan
45%
Dec
4
27 /
'
South
&
Cerro de Pasco
11
*138
12134
*15%
Central Violeta Sugar Co—__9.50
Century Ribbon Mills
_No par
173b May 26' ;
29
13%
7%
103
28%
28%
28 34
32 32
32
102%
104
*28
35 3.,
6%
58
*103
the Week
55
55
73-o
7
7 34
10%
(
4%%/pfd—
100
3.40% pfd.._ 100
100
7% May
21!
*34
c%
7 3«
18%
tCentrai RR of New/Jersey
11 % Jan
7%
99%
Central NY PrCorp
3534 Jan
Jun
Apr
25 34
V.
*120
Central' Hudsofi G & E Corp__wo par
834 Mar 29
34
734
Sales
share
28%
:
May
15
1 11
*57 34
^No par
110
3
29
140
"138
100
19%. May 27
May
29
14%
No par
79 'A May 24'
JUn
83 :> May
39%' Nbv
|
7/2
29
15 %
common
•
74
29
29
25
Corp
28%
*28%
*14%
—
8
,7 3 a. Apr
56
1C4
<
*12%
13
*55
103%
.
7'
24 'A Jan
4'
104% Jan
Jan
*12%
56
105%
—100
Celotex Corp common
—_^No par
'? 5% preferredi_:
20
Central Aguirre Sugar? Co_
—.5
Central Foundry Co..—
1
Central of Ga 'Ry Co vtc_L_-.No par
5 7c preferred series B vtc—100
1134 Mar 14
13%
"55
*104%
CelaneBe Gorp of Amer com—No par
105
5
"13
50
Friday
May 27
4 per
share
10
131% Jan
16% May
13%
*55
734
29
S per
$ per snare
$ per share
'13
7%
No par
—5
—10
50
1
series
May :r>
13 34
100
common
Co
$ per share
Thursday
May 16
Wednesday
56
*55
17
PRICES
SALK
May 24
7%
New
23
Jan
'12%
HIGH
AND
Tuesday
1
Light
General
&
(J I)
22
Mar
&
preferred 4%
Apr
1
6 3/4
Corp
Apr
97 '
$ per share
10
V/o
preferred
Caterpillar Tractor
13
Apr
Power
Carriers
17
37% Jan
60
18
18'A
May
140
jun
•.
29
9
7
20%
'u
7
Carrier
11
120
Feb
Feb
Carolina
Jan
34%
22 3/4
$3 preferred
A
Capital Airlines Inc
Carolina Clinch & Ohio Ry
Carpenter Steel Co
52% Feb
Jun
'
Monday
May 23
May »l
Capital Admin class A common—.1
8
35 34 Jan
28% May 27
23% Apr 22
July
May
-
17
12325)
RECORD
Saturday
Par
16%. May
31% May 24'
May
105
123
7 Feb
6
May
Dec
CHRONICLE
LOW
STOCK
YORK
293/a Mar 29
17'
28
Jan
Jan
55% May 11
834 Apr
23
2034
6l/4 Mar
STOCK
EXCHANGE
$ per share
share
5% Feb
NEW
Highest
12% Mar 23
May
Aug
83/a Mar
1103/4
FINANCIAL
STOCKS
Range Since Jan. 1
Year 11)48
Lowest
&
100%
101%
26%
26%
26%
26%
834
*8 34
834
8 34
27%
2714
27%
27
29%
28%
28%
*28
3%
3
101
4
8%
100
99%
15%
14%
15
3%
3%
190
100
99%
3%
100
6,000
119,500
100
26%
26 34
26 %
26%
8%
%834
*83'.
1,900
26%
8%
834
27
27
2834
28 %
334
51%.
*9934
2
27
22%
25
25
51%
100
8 34
26 3
2934
3 34
22-%
3%
99%
26 3
2234
3
22 %
22 %
100
'3%
4
5134
3 34
22 3
•
3
26%
34
26%
27
*2834
28%
28%
3
22%
b
22%
3 ''8
9,900
1.000
27
.
1,000
300
28 34
334
3,500
22'4
22%
11.10O
3
2234
107 34
106'%
*106%
107 Va
12%
107
12%
12%.
12%
"12%
12%
*1234
12%
*12%
12%
*8%
9%
*8%
9%
*8%
9%
8 %
8%
*8%
41%
40%
4134
40 34
41
40%
40%
4034
40%
6,400
16
16 34
16
16%
1634
16%
16
16 34
3,100
11%
1134
11%
11%
11%
11%
*11%
*7%
7 34
-734
7 34
7%
7%
7%
10%
10%
103'a
10%
1034
10%
107
107
107
107%
107
107
2,000
'
.
11% Mar
*•'<
8%
Dec
1234 Jun
37%
Dec
51
Jan
2934
8
-
Feb
23
'954 Apr
30
40 34 May 25
46% Mar'
Sep
11% Feb
23
21%/Jan
1334 May
10% Jan
3
19
Dec'
10%
Dec
L'
8%
Dec
734
Nov
15-% July
-'«16%-Mar
29%
Dec
% 3534
7
•;
JUn
34-May 25
8,% Feb
30% Jan
7
Grocers Corp
1.33%
Consolidated Laundries Corp—
5
Consolidated Natural Gas
"413b
—100
Consol RR of Cuba
Consolidated Retail Stores Inc_
7
Consolidated Textile; Co. Inc
13
36
May
4
103% Apr
27
108
.Mar
8
20
108% Mar 25
Pfd
—
Consolidated -Vultec Aircraft
Consumers Power Co com
17 %
16%
17
11%
*11%
12
"7%
714
_1
10%
10'4
3
92%
85
Jan
5
9334 May 27
40 "
3134 Jan
3
36% Mar 30
Continental
97% Jan
11
99% Mar 21
10% Mar
/
4234
Jan
99%-May
1734 July
Nov
Sep
May
99
July
13 34-May
48% Mar
64 34-Oct
:* 92
NOV
Oct
8%
31%. May 27
95
Jan
13% Jan
7
6% May 25
56% Feb 24
3734 Jan 22
5
21
$4.52
—
$3.75
Can
Inc
common——20
preferred
—No par
9 % Jan
7
Continental (Diamond Fibre
6354 May
9
Continental
Insurance
7%
7%
10%
-
1034
33"
■
33%
12
500
.
300
500
7%
3,000
10 34
10
13,800
33%
1,800
32%
32%
3334
1053-4
165%
105
105%
105%
106 34
106%
106%
106%
106%
107%
*107%
107%
107 34
10734
107%
107 34
107 34
10734
"10734
10734
90
*3334
33%
3334
3334
3334
32%
31%
32%
3,000
"9534
9634
*95%
9634
33 34
105
33%
105
33 34
9634
14%
14%
14%
14%
14%
9134
92
92%
92%
33 34
32
32%
32%
32%
*97
98 %
97%
9734
*96%
*9534
15
92
98
8%
*9534
33
*97
01%
96
92
99
8 34
*9534
15%
x33
61%
V2
33%
;
33
33%
33%
5
96
33
91%
9134
33 34
10
*95%
33
14%
15
91 %
'97
33
33%
9134
14 34
'?
32%
34
8
60%
61
8
34
8
60'4
8 34
603'2
6%
60
7%
60
734
60
98
750
96
14 34
14%
92%
9334
280
32%
.
.
32%
3,600
100
*96%
■734
59 34
1
98
7
7
6.0 34
For footnotes, see/page 26.
9
*107 34
—No par
$4.50
84 34 Mar
Dec
Oct
90
•
Dec
4
11%
29 y8
33 ye
•i 106%
1.1. 40 3
17%
9734 Apr
15 34-Jan
Sep
42
,
1
preferred
-No.par
preferred-—
No par
Container Corp. of America com—?0
4% preferred
:_100
Continental Baking Co com—No par
$5.50 preferred
-No par
106%-May
98% July
100
9
10c
7
8.
1234 Apr
9
15
:
9% Jan
■
"12% / 13 34
5
1234 Mftr
105 % Apr
3
Consolidated
t
60 '/<
5,900
1,500
1,300
(2326)
18
NEW
Range Since Jan. 1
Year 1948
Leweet
Feb
10%
Jun
6% Peb
14
8% Jan
7
46% Peb
69%
Jun
47% Peb
11
18
14
19"%
Apr
58% Apr
15% Jan
8
Mar
19% Mar
33
55
xll% May 27
Jun
x49% Mar
July
Peb
13
21%
974 Nov
60
24 Va Fe'o
15%
36
14
Cooper-Bessemer
9% May
14% Apr
12% Feb
17
8
19 74 Jan
6
49% Jan
Oct
9
4
52
Feb
11% Jan
7
49% Mar
54% Jan
12
Co
Steel
common
8
Crane Co
99% Jan 25
3
99
Jan
6
6474 May
171% Jan
6
57
66% Mar
1% Deo
Mar
Feb
25
9
178% Feb
18
Feb
39%
Jun
24 y8 May 10
32% Jan
7
92% Sep
8% Deo
98%
Jun
99
10074 Apr
13
Mar
247/b
13
17% not
Creameries
Peb
7
26% May 12
Cream Of Wheat Corp (The)
19% Jan
7
46% Mar
36% Jan
3
42% Apr
13
34%
Deo
22 % May 25
27y»Jan
8
Jun
103% July
94
Mar 17
98
Mar
93
May 24
96
Jan
4
18 %
May 25
24
Jan
7
20% Deo
Jun
28% Jun
65% Deo
78 74
Jun
65
May 27
72% Jan 24
25
34
Jan
23
Peb
24
31
12Y4 Peb
24
15% Jan 27
Deo
12% Feb
$2
Apr
17% Aug
177
Jun
7% Deo
13% May
May
160
160
6
May
p
8% Mar 29
Apr 21
7
Apr 21
73
Zellerbach
$4.20
Corp
5%
Feb
122% Feb
7% Jan
12% July
Sep
July
x31%May
r
21% Mar
137
9% Apr
8
21
21
7
1.400
*5074
51%
*5074
50%
x49 77
8%
874
*8 7B
1474
*50%
74
21%
6%
"9777
99
99
*9777
99
63
62 7b
-—'62 %
63
62 77
177
177 %
63 74
3%
3%
3%
*174
2
1%
1%
1%
1%
177
26%
15%
15 y4
*37%
38 %
37%
3%
1,600
1%
1%
2,100
3,600
99%
*9 7 b
10
26 >/4
26
26
157 b
15 74
15%
10
*26
15%
151/2
1574
24%
*98 77
10
24%
"98%
26 '/4
*26
24 77
100
24%
24%
*38
38 74
38 74
38'4
22 %
2274
2274
22%
22%
22%'
98
97
977 B
97%
.9774
97 74
97%,
*90
94
90
90
19
19
18%
19
100
*66
*66
67 %
66
67%
13%
*160
*160
26
670
92
10
19
2,500
65
65
300
*90
4,000
178
*160
178
210
12%
1274
1274
*160
24%
24 34
25i%
127 a
178
*160
178
25 74
12 7/b
12%
2,800
65'%
*65
65114
"25
13 74
13
178
*160
178
C5%
66
27
*26%
26%
H
400
22%
97'A
•1874
92
18%
19
18%
.
19 74
*90
91
*90
3877
97%
381,4
*37%
237'4
98
19%
300
500
5,100
*22 74
39%
37%
22%
97%
13 7
777
1,100
1Q
*7
7
77a
7
774
7
100
Cudahy Packing Co common
preferred
Inc
;
preferred
*64
66%
*62
66%
*62
66%
667,4
"62
66 %
*62
*11%
12%
*11%
12 7a
*11%
1274
11%
1174
*11%
12
*11%
12
17%
17%
*17%
18%
17%
17 '2
*1774
171%
1774
171/4
*1774
1777
300
5%
5%
5%
5%
5%
57 b
5%
5%
574
57«
5%
5%
7,500
11874
118%
*118
119
118
45'4
45
45
*45
No par
Inc
*2374
*45
4574
8%
8%
9
8%
*62
119
45%
4572
45%
7 1/8
774
7
*118%
119
118%
8%
21%
*132%
pfd
*
45%
8%
1
—100
A
74
119
*45%
1
common
I
*118
No par
Cushman's Sons Inc 7%
Cutler-Hammer
377
1%
23%
94
110
3%
1%
23%"
19
179
3%
2
97 %
*91
3,600
4
24%
1574
20
62 7a
"177
179
•'177
178
4
26 74
*26
267s
267a
Class
62%'
*1%
24%
24 %
247 it
13%
Curtiss-Wright
6,400
99
*97%
3%
27
Prior
.22%
22%
*97 72
99
6274
13%
Press
22%.
22'/8
987a
15 y4
pfd
22 %
21%
15%
:
non-cum
500
300
*97%
176 74
No par
100
877
52%
*97%
4
No par
49 77
877
99
63
24%
170
52 77
99
177
24%
1,600
-
y4
8
97 74
*3%
1
1,000
/
52 y2
6274
99
1767
54 77
"
98
26%
4%%
21%
33%
33 %
*54
5272
5274
52%
521/4
13
*97 %
21:%
98
"97%
8%
5274
52 72
2174
.
"874
8%
52%
52
"5074
52
*874
100
7
Jan
26% Jan
22
Apr
4
24% Jan
137
Mar 14
133
13711
Cuban-American Sugar common—10
1% preferred
100
19
3
Feb
21
28%
Jan
Xl3%
26%
Cunningham Drug Stores Inc
2.50
Curtis Publishing com
No par
$7 preferred
No par
19
14 74
10
7
Jan
14 "4
1474
100
;7
Jan
14%
1414
*9%
Jan
50
900
14 74
.1.4
*98 74
7% Jan
129
10 %
10
18
May 27
27
*97b
100
28
43% Apr
1077
10
*9%
Feb
118
10 74
10
*98 74
16
Aug
10%
10
-T7C%
5
May
9%
0
#
10
Cuneo
61
Deo
4% Feb
18% Feb
54
100
1
150
47%
33%
54
*9%
27
4%'Feb 24
33%
54 72
*98 74
Jan
Jan
33
54%
10
13 Yo Feb
13% July
32 72
55
100
24%
,,15% Deo
33
*974
26
63% May 14
July
32%
"54'2.
3374
55
24%
11 % Apr
88
*12
*9874
17% May
67% Dec
11% Deo
12 72
*
21%
5
com
preferred
conv
RR
12%
10
99
No par
$4 2nd preferred
Crucible Steel of Amer
Cuba
13
15%
com
preferred
12 77
13
33
99
*26
9,800
16,600
xll%
13
*5474
,
52%
2
6%
55%
13
2.50
com
Shares
share
677
54%
55
No par
Seal
&
preferred
Crown
7
129
91% Feb
95
Dec
Crown Cork
■
America
$ per
672
55%
6%
55%
1
10% Mar 30
1574 May 25
$ per share
6%
6%
55
25
3
of
< per share
674
56 74
100
common
preferred
14
23
Dec
26% May
23% Deo
3%%
Jan
8% Jan
Jan
!
67b
8%
63
the Week
55'/I
14%
Corn
Sales for
May 27
67 4
52
l
Friday
May 26
57'/2
10%
50
2% Jan
10
July
'•TO
—5
series—
Convertible pref 5%
Cornell Dubilier Electric Corp
1% May 27
23% Mar 24
Jan
92% Jan
133
_Nopar
Feb
26
94
98
7
Co
Thursday
6'.<2
.
331/8
56
Wednesday
May 25
5674
%
1374
No par
3%
Apr
97% July
Oct
,•
Copperweld
*13
S
common
9
20
not
155
Corp
4% May
Nov
36%
Copper Range
6
57%
14
3% Mar 25
16
x21
Corp
Jan
3
86
29
Steel
HIGH SALK PRICK8
tper share
$ per share
share
5
$3 prior preferred
15
6
May
8
Jun
Delaware
Exchange Bank & Tr Co—20
Corning Glass Works common
ft
3Vzlo preferred
*
100
Cum pfd 3%% ser of 1947
100
Corn Products Refining com
25
7% preferred
100
Coty Inc
1
Coty International Corp_
1
177
May 24
1
of
4
May
88
66% Dec
Oct
874 Deo
Tuesday
May 23
Par
Continental Oil
Continental
57% July
23% Oct
164%
Monday
LOW AND
5%
Feb
RECORD
Saturday
May 21
STOCK
Continental Motors
3
55% May 13
Mar 26
52
50% Nov
.42% Mar
STOCK
EXCHANGE
tper share
t per share
$ perrhnre
NEW YORK
Highest
Lewest
Highest
I per Bhare
YORK
STOCKS
l«t|t for PnrioBi
774
900
210
118
45%
X8',2
9
874
874
8%
66 %
.
1.000
87b
14,000
2,100
f
"
140
"13274
23
x22%
21 77
22%
2274
22%
140
*13274
140
*132%
22%
21
21
21
2174
21
140
22%
23 7a
23%
2174
*132%
140
*132%
23%
21%
21%
21%
21%
140
22%
2,400
3,800
D
10
85
Oct
Jun
-Jan
4
20% Jan
12
Feb
23
'Jan
13
94%
13% Dee
.14% Dec
18% Feb
2874-July
;24% Feb
31% Aug
17%
82% Not
94
84
94
*
Sep
8%
8%
27
31%
29%
38%
Not
15% Mar 18
May 25
87
;
15
Jan
92
Jan
14
Jan
24
Dana
Corp common
pfd series A
2'
7
13
May 12
96
>
<
10%
10%
10%
<10%
*92
93%
*92
93%
*92
93'%
*92%
9377
13
*12 7B
13
*12%
13
*1277
13
*12 7«
13
1
19%
17%
*16%
17%
*1672
1712
*16 i/a
19 74
*18%
19 74
,
*1672
29%
30
.
30
<
1
19
19
19
29%
29%
29%
95
95
95
94%
94 72
*94
95
*94
95
95
3.75%
series
A
——100
*94
95
*94%
series
B
100
*93
94 y2
*93
94%
*10
10%
•-
-
>
95
18%
18%
29%
*94%
-17%
*16%
17%
19
30
95
Preferred
1077
29%
Preferred 3.75%
Mar 29
10%
30
*19
1974
7
10 7b
10%
10%
.7
17%
*16%
__20
Chemical Corp (The)
Dayton Pwr & Light common
95% Jan 20
11
2.50
93%
*12%
93
*12
Davison
31
4
>
92% Jan
1774 May
2074 Jan
10%;
*91%
Davega Stores Corp common
5% conv preferred
10
*92
10%
1
—100
3% %
3
26% Jan
>
Mar 14
8
xl6%.Mar
Jun
Jun
-
93
•
;
>
15%
Sep
Deo
Deo
10% Jan
9% Jon
8
Dayton Rubber Co
7
Decca
Jan
9% Feb 23
13%- Jan
<
5-%'May 27
22; *May 20
29
31% May 25
31
Mar 29
34
31
40% Jan 21
42
Jun
46%
■
Feb
Jan
Jan
34% May
50% Jun
7% Feb
13% July
12
36% Mar 30
May 27
6% May 25
19 % "Ma y
Jan
.
Jan
20
18
7
May 10
60c
Inc
Co
Deere &
1%
1
preferred
Delaware
Lack
&
&
Light Co
Delaware Power
14% Feb
39% July
56
20% Feb 24
58
32% Mar
20 - Apr
v
.
37%<Mar 23
July
21% May
60% Jan
Dec
8% Deo
Jan
Escrow
51% May 16
58
% Apr 20
18% May 25
10
9% Jan
6% Apr 21
Jan
7
24%-Mar
2
ctfs
for
Escrow
7
ctfs
for
95%
10
9%
800
5%
5,500
13 % Mar
2
6
t per share
13%
S W.r *»">r
I per share
20%
OCt
Nov
41
Jun
24% Feb
<•'46% Dec
56
Apr
4874 Feb
10% Jan
3
10
Dec
23
Jan
29
Feb
40
Jun
11% Nov
47
'
NOV
27
3
Oct
43
Jun
Oct
xl8% Nov
31%
Jun
Apr 29
Detroit
Steel
Diamond
6%
Match
partic
Diamond
Diana
preferred
T Motor
St-ores
1974 Jan
Apr
9
Dee
Dec
Jan
Sep
30% Dec
14
Dec
6% Jan
89% not
11
Feb
32% Feb
1% Not
13% Feb
189
v
Feb
28
3
•10% Mar
,
5
5
*4277
4377
600
10%
10%
10%
10%
*10%
11
10%
10%
7 74
7 74
11 %
1174
7 74
774
267a
26
2674
26
26
50
50
50
50
*1174
11%
11%
11%
11
1174
11
11
*27%
28
27
27%
Duquesne Light 5%
88
10% Feb:
Jan
98
47% Mar 29
1674
16%
16%
16%
16%
1674
16%
3.400
58' '2
5974
5814
60 74
60
60 "2
*59%
60'/4
2,300
46
45%
46%
45%
46
45%
4674
45%
4677
44%
45%
8,000
No par
*103%
104
*10372
No par
'104 '/
105%
50c
22',
22%
100
*81 y
84
*8177
*17
18
17%
A
.
13
Jan
12
18
7
Jan
10
90
Jan
Apr
5
101 /,:
6 7'b
May
7% Apr
May 27
33% Apr 29
100
1
6%
474%
4%%
2
1
Elastic
7
10
*974
9%
*974
974
*9%
9 7'b
934
9%
21% Jan
Elliott Co
7
49% Feb
8
57
Jan
49
42% Jan
14
47
Feb 28
2674 Apr 22
29
10
13% Jan
May 16
May 16
7
12% Feb 24
1674 Mar 31
14% Jan
17% May 26
33% Mar 25
6
34
Jan
30% Feb 16
104
Jun
100% Jan 24
104
6% Nov
4% Mar 12
5
16% July
65% July
11% Feb 24
5177 May 27
61% Jan 24
68% Apr
597b May 10
68
9
Jan
2077 May
11% Jan
49% May
7% Mar
7% Mar
6% Mar
Jan
3% Mar
7
Jan 31
4% Jan
3
10% Jan
5
4
Jan
13
14% Jan 21
3% Feb 25
36
Jan
6
7
974 Apr 30
44 :1
MayT'9
*
3
5% Apr
5%%
6
6
5%
25T'b
1
*15'4
15%
*15
91%
*90
100
*90
/_2.50
179
17714
177
*12
"99
■
El
preference
Paso
Emerson
Natural
Gas
Erie
5%
RR
Eversharp Inc
Ex-Cell-O Corp
Exchange Buffet Corp
-
V/2
174
9174
9174
*9074
*9074
9174
*9074
911/2
12
9874
61/2
*97
36
*14
14%
13%
14 //
14
14
3474
3474
3374
34
1%
174
174
1%
174
25%
25%
257b
2574
25%
34
*1%
.
300
12%
*97
99
1,400
99
-.1
90
674
*6%
36
1274
12 74
12
12
9874
:
674
674
500
36%
3674
3674
2,800
2,000
141/4
14
14
34
34
34
1%
174
17174
17374
171%
17274
172 34
157
15774
15674
15674
4174
800
3,100
33,700
7,200
157 Vs
4174
V: 26 74
173
156
4274
174
2574
26
17474
4,100
1
12
"417b
*11 /
/ /:
42
v-
11
11%
,
41
41
11
;/
11
4074
11
-/
1,700
41
1074:
xl074
900
1
1974
*1974
19%
56
53
'
5374
*50
5474
451/2
4574
*45
45%
V
193B
51 7
B
'
19
500
1974
19%
*1974
20
51%
*50
5474
*50
53
47
*45
47
"45
46
.
200
'
*45 '
2874
2 81/4
28
2874
27%
10'
10
10
10 T
10
*14%
1474
15
1474
1474
28
27%
2874
5,300
10
10
10
10
10
10
10
2,300
1474
1674
16%
1674
3172
3174
*10274 104
4%
./• 4%
10274
10274
*10274
*474
4%
474
12%
1274
1274
*3172
54 "2
*5374
"60%
62
*6074
4.
"7%
8%
*43
*3%
4
7%
87b
43%
47«
*4
774
874
43
*314
103
4%
12
1274
54
5274
5374
62
60%
6074
4
474
7%
874
43%
4%
.
t
4
774
7%
8 74
*42
*3%
200
277b
32
■
.
27%
1634
17,
■
27%
317b
•
*45
27%
321/4
.<-17
"53 %
1
3
2.50
3,300
15%
15874
12%
8
25
1574
10174
46
*53%
90
25
15%
179
1577'e
1972
i
180
2574
179
1737b
158%
*19%
179
2574
*98%
26
1,500
15,100
X1574
*417 a
17472
158 '/a
201/4
5
*9074
2574
35%
25%
„
1574
i
*15
1274
400
10
41
9%
4074
2574
179;; /
179
3574
100
50
preferred series A
Pittsburgh RR Co
Erie &
Eureka Williams Corp
Evans Products Co
974
400
9
9
4174
35%
No par
common
974
407b
3574
12
Emerson Radio fx. Phonograph
Empire District Electric Co
Endicott Johnson Corp common
25
4% preferred
100
Equitable Office Bldg
1
974
4174
35%
12
4
5
-10
9%
974
3574
b
1474
4174
•
9%
35 7'b
12
3
new
Electric Mfg Co
6,100
35%
42
50
2,900
1474
*6%
42
—50
1874
*9
974
9%
674
15
10
preferred
*18
15
674
1%
40
1874
6%
267
300
147b
*6%
1%
1,400
11477
18
674
14%
121
10077
*114
18
6%
2G
10077
14,74
91%
*35
121
100 7'b
12172
"114
11
15%
12
1,800
*1077
1574
12
47%
10%
25%
101
477 B
1474
974
181
6.000
10%
2574
12
101
.
900
188%
18
4174
41
*179
114
1,200
9%
187%
1074
*1074
25%
*99
1214
•
4174
*121
18%
97b
47%
*10077
114
1574
25%
No par
common
conv
1074
974 %
974 :
179 V
41%
42
41 %
*251/2
5
Electric Storage Battery
Elgin National Watch Co
10
74% Jun
20% July
16% Dec
16% Aug
(The)
common
18
189
10074
200
84
*8177
9%
187%
121
"10074
18%
-100
i
1
;
common
13% Mai-24
18874
1474
Electric Power & Light com—No par
$7 preferred
—No par
$6 preferred——
No par
Jan
114
18
26% May 16
40 7 4'May 27
114
"10-%
14%
14%
xl07b May 27
18% Feb
5
188
977
97b
121
14 7a
357 b
May 16
1734
114
1874
14%
Oct
1901/4
189
147b
*34%
Jun
18
187 b
3
May 16
5,200
84
14%
Convertible preferred
No par
Elec & Mus Ind Amer Eh ares
3
21%
*17
,1874.
Electric Boat
1% Apr 29
21%
*81 77
14%
15% Apr 14
Auto-Lite
1,300
22 77
22
17%
18 '4
10
common
preferred
Stop Nut Co_
Electric
103%
84
10%
357b May 13
2% Jan 12
Jan
103%
*9
10%
12% Feb 25
43
104%
*8174
9
9
114 72
*114
—100
2
common—
preferred
Ekco Products Co
*1035 e
22
17 74
17%
191
6
*
Corp
preferred
Manufacturing Co
Edison Bros Stores Inc
103%
2114
1
Inc
Co
103%
84
*8174
9','2
104
10474
104
*10377
22
1074
32% Mar 18
27%
22
*10%
Oct
Jan
22%
*9
1141/2
*114
16%
17
104%
190%
37% Jun
12% Dec
19% Not
104
22%
191
Jun
19% Jan,
10572
18%
104
47
191
56
2% May
23% July
104
104%
9%
*9
104
84
16%
*103
104
10
Co
Airlines
Eastman Kodak
Eaton
8
14
4
Jan 20
1
%
5
1st pfd
Eastern Corp common
Eastern Stainless Steel
May 27
3,600
46
i_15
DWG Cigar Corp
32% Jan
21%
16%
issued"
12
180
*2777
60
preferred
10
May 27
27%'
1672
common—
12% Jan
7
1,100
59%
common
115% Jan
7
11%
i6
121
13% Jan
*11,
60
10074
13% Jan
90
11%
27%
49%
<:
.
16%
121
4077 May 27
Jan
27%
27%
700
*26
*48
59%
10074
May 20
9% Feb 11
Jun
27%
1,100
27
26%
*11
t
Shares
11%
50
49
27%
the Week
share
*1077
10%
*26
51
.
Sales for
t per
share
10%
51
100'7
7
7'b Apr
.26 >7
S per
11
*10%
11
1072
10'
121
9
14
10%
"2
10077
9
5
11
Fridav
May 26
tper share
t per share
share
6,600
May 27
Thursday
May 25
May U
May 23
800
800
13%
13%
14
300
71/8
"7
777
13%
13%
13%
LOW AND HIGH BALI PRICES
Wednesday
Tuesday
Monday
f per
7 i/a
7
x7
1474
1374
14 74
xl4
share
11
.
121
51
3% Dec-
43 77
100%
159
9% Dec
7% Mar
34% Dec
*4277
121%
175
Sep
4317
121%
15
Dec
*4277
*10074
Feb
*
43%
44
No par
|Feb 15
59
900
*42%
43 %
No par
135
4% Jan
9% Feb
60% Feb
700
3577
series
153
97
1877
35
series
Oct
Jan
18%
35 %
$4.50
Oct
Dec
Feb
Co
"when
Eastern
16%
56% Jan
Mar
19
3577
$3.50
166
Feb
18%>
3577
Preferred
27
147
12%
9%
-12%
29%
1277
19%
35 "4
Preferred
Jan
Feb
Dec
12 77
*19
27
lagle-Picher
92%
48% Dec
41% Dec
*11%
19
35%
101
16% Mar 29
Jan
•12 74
11%
19
35
11%
122% May 18
123% Feb
x55
Common
47% May 26
"11tb
800
197b
11%
51
Duplan Corp
No par
Du Pont de Nem (EI) & Co com^.20
2074 Mar 30
25
Jun
Jan
conv
12%
•
36
*50
International.
16% Feb 26
164
8%
3%%
Dunhill
1877
No par
preferred
14% Feb
Jun
106
13
4
21
195% Apr
May 26
97 % Jan
119
33% Dec
19% May
Dec
83 / Mar
-10% Dec
92
175
4
113% Mar 14
46% May
157
19
1877
No par
Industries
Dresser
6'%
18 77
No par
-
Ltd.
Chemical
6%
518 77
*
*26%
Douglas Aircraft
May 16
86% Jan
8
Jan
19% Not
22% Jan
13% Dec
-38% Feb
Dow
21
6%
18 >7
5
Pepper Co_
Doehler-Jarvis Corp
800
677
6 77
61'2
No par
Dr.
50
53
*5172
18%
No par
Dixie Cup Co common
Class A
1,500
4,200
*35
1178
■14%
I per
:
1,600
-
■22
22
18%
May 21
1
40%
"40%
6 74
*18
18%
>
53
*51 74
53
-
*19%
Saturday
Corp;-,.
Dome Mines
24% May
27
jun
25% May
20% May
18% Oct
24
Divco
50 % Jan
,
May 10
179
47
15%
Jan
'
18%
6 74
674
7%
14
Par
17% Apr 20
63% Mar 31
3
11% Mar
lie
6%
*52
43%
ny«
*774
STOCK
$3.25 2nd
80
111% Aug
10% Dec
*11
*42%
Distill Corp-Seagrams Ltd—
$4 preferred series
May
Jun
25
35
35
50c
21
29
July
jun
2
.
Corp
108%. Jan
Apr
98
99%
20
24%
800
49
1274
*11%
*19
Car Co
-•
6%
*18%
12.50
No par
_I25
common
101% Apr 22
20
124%
:
101
Dec
Feb
19%
25
6,600
19%
1
5
Corp
Raynolds class A
11
Jan
113% Jan
1
Vilbiss Co
Jan
12
18
May
188% July
19%
24 y4
*6%
105
83
Mar
33
May 25
50 %
12% Deo
Apr 26
14% Mar 29
7
106%
13
18
12% Jan
106%
lft
Jan
48% Feb
Feb
94
30
53
Feb
90
164
14
15
Apr
Feb
19%
25
Detroit-Michigan Stove Co
share
8
19
97
19%
24%
*51%
—100
EXCHANGE
Jan
6,000
193b
53
pfd—
NEW YORK
17
9% Feb 24
67%
.
32% Feb
1
6 per
19;,4
24%
197b
25%
54
Higbett
Dec
<25
100
com
-
53
Range Since Jan. 1
Lewest
Highest
19%
24 3b
19 74
26
STOCK8
Year 1948
Leweet
6,300
67b
7 74
7
53
Bang* for Prevlon*
,
1,300
67«
7%
53
1
15% Jan
•3177
Detroit Hillsdale & S W RR Co_100
7
x!9% May
31
22
Jan
-Mar
32
41.
40
13
32
22
34
Apr ' 5
7% Mar 12
3277
41
Devoe &
12 y8
<
32%
32
21%
De
45% Feb
6%
31%
3274
40%
26
6
774
7
v..
%.'|> 22%
."21
31*74
21%
Jan
1
774
..
22%
40
Mar 29
6% Feb 25
x31%
572
327b
22
13
10 74 May
32%
•
60
31%
4074
22
40% Apr
327a
9%:>
■
*21%
..
21%
11
Dec
32
33%
.
40 74
18% May 27
11
3274
32
4074
11% Feb
-
3174
327b
32
32
21%
Jan
Feb
.2272
31%
31%
•
5:,4
21%
Jun
'
*21%
22%
33
32
r
5%"
i
>
40%
16%
•38
t
22
28%
May 20
.
5%
•41
Dec
Jun
46% July
19%May
*21%
...
'.*9.74
22
Dec
46
6
4l"<
19 %
.35% Mar
6
91/2
RR
Detroit Edison
11
...
22%
,<■
2,400
•95%
*94%
9%
■,
20
50% Jan 24
22
13% May
26% Oct
22% Mar
27% Jan.
3
20
,
.
9%
25
19 74
*25 y2
6
774
7%
*19
13.50
Denver & Rio Grande West
,
3274
32
33 %
*7%.
i
9%,
*32%
<
3274
'•
6
*21.'.4
33%
*32%
Western
-
•r
22%
33 i'8
*32
20
1100
Delaware & Hudson^
6%
*21%
.
No par
common
•"
6%
50c
:
Deep Rock Oil Corp
24
9% Jan
Records
9 74
'
700
-
29%
95%
■
-
9*8
9%
A
29%
874
42%
4%
147b
17
*3074
-1021/4
4%
12 %
*52
60%
4
*7%
8%
42
1474
*1414
15
17
17%
177b
31%
32
32
14 7
1474
1,900
X1674
1774
1,000
3174
31%
e
103
1021,4
102%
*102%
4%
4%
*4%
X1174
1174
11%
53
52%
5274
51%
52
6074
59%
5974
*5974
61
103
474
1274
\
4
7%
874
42
474
4
•
:'7 '2
:
600
30
4%
8.900
1174
7,400
700
80
4
4
4'4
1,700
8
772
7%
500
8%
874
874
874
5,800
4274
42%
4274
42%
700
*3%
474
374
3%
100
THE
Number 4807
169
Volume
COMMERCIAL
37
54%
Nov
Nov
Oct
35'A Feb
43
16
20 Va May
Mar
12 Vs
Feb
20ya
15
31% May
May
Morse
<fc
7
Fajardo Sugar Co
Falstaff Brewing Corp__
FAR Liquidating Corp
8
Fedders-Qulgan Corp
May 19
*
38 % Jan
26
17 % Jan
26
6% Jan
3% May 20
1
"32%
Mining k Smelting, Co
Federal-Mogul Corp
Federal (Motor Truck
10
Federated
■
37
37
35%
36%
35%
36
36'%
37
37
37
1,500
24%
24 'A
24%
24'A
24%
24'/a
24%
24
24
6,500
32 VA
32'A
32
32 %
*31%
32
31 Vs
31%
31 "a
31 Va
2,300
1
14
13%
1 *
Vs
14
.1
.
13%
Vs
13%
13%
35%
34'%
34'%
"33%
35'.'4
*32%
34
"16%
17
16%
16%
16'A
16'A
*16%
16%
3%
3%
3%
3%
3%
3%
28'A
28%
26 %
28%
23'A
28'/a
99%
99%
*99
15%
15%
*15'A
95% Mar 23
luo % May
3
Sep
15% May 19
14% Mar 25
20% Jan
5
Felt k Tarrant
5
17% Jan
6
Ferro Enamel Corp__.
1
"15
13V4
15
6
Fidelity Phen-Fire Ins N. Y.
10
"67
68 %
67 Vs
67%
67'%
67%
*66%
67%
Firestone Tire
25
48
43
47'%
47%
47 Vs
47 Vs
46%
47 Vs
69%
Oct
64% Jan 31
68% Apr
Jun
44% Feb 25
50 % Mar- 31
103% Nov
49% Mar
14% Feb
t
28%
Dec
13
Dec
12%
Dec
22%
Dec
79
May
3
•98% Jan.
4%
7
102
28
16% May 19
12
Jan
12% May
Jun
105
12% May 18
8% Feb 24
7
-
Pollansbee
11% May 18
-
Food Fair Stores Inc
20% Apr 29
29 Va Jan
-
Food-
May
Dec
90
Mar 10
90% Jan
26
Jan
11
26% Mar 17
23
Feb
24
25 % Feb
3
16% May
9
Feb
26
11% Jan
11
10
8% Feb 25
47%
10
Feb
Oct
12% May
19% Feb
Feb
X33
11% Jan
10 % May 13
11
.
48 Va May
16
19
15%
15%
15 V2
15'%
15'%
15'%
15'%
600
*15
15'A
15
15'/s
15'A
15'A
15'%
loVa
800
*66%
67'%
300
46%
46 Va
2,300
4
9
61%
61
61
11%
11%
11'A
HVs
11 Va
11%
1,400
23%
23'/4
23%
23%
23%
23 Va
23%
23%
23%
x23'%
2.1%
2,900
102
101 %
101'A
20
xl9%
19%
..
16
*12
-
12%
*100
18'A
19%
18%
19
19
l,i'%
1,200
15 %
15%
15%
16 Vs
16%
16V»
J6
16'%
6,000
12%
*12
12%
12%
*12
12 "A
12
12
12%
12%
13
13 Vs
13
13 Va
13
13 Vs
13
13
4,800
% May 27
13%
11%
11
U'/s
11'A
11 Vs
11
11
"22
22 %
22 VA
22%
22%
22%
22 Va
22%
*84
85 %
*90%
91%
90%
90%
50%
90 'A
91
91
*91
91 %
*23 Va
24%
9%
22%
10
47%
Froedtert Grain k Malting Co Inc_l
2
<%
6%
Dec
10% May
6
Apr
4
Gabriel
6 Va
Dec
10 V* May
7% Jan
10
Fruehauf Trailer
Co
23
15
18%
*73%
1
*23'/a
24%
*23%
9%
9%
9%
9'/a
*SVs
9%
*9'A
9!
9r's
9Vs
*8%
!)%
200
46%
*46%
46%
47'A
47
47 Va
1,100
47
15%
15%
16'A
is
183/a
2,300
2,400
24
j
47
15
15
15%
*15 Vs
18%
18%
18%
18%
18%
18 Va
73%
73%
74%
74 Va
*73%
6%
6%
6%
5%
5%
5%
15'/a
15%
18%
*6'%
1
24%
9%
23 'A
75
15
15
1
100
5%
common—.
preferred
*2.3 %
9%
10
46'%
47 %
*23'/a
24%
*9%
"
23
23 Va
46'%
9%
23
10
24'A
9%
"9%
12
110
24'A
1
78 Va Feb
200
4,300
83%
22 %
20% Jan
91%
83%
24%
May 27
5,500
91
33%
*9%
May
2,300
35 Va
83%
22%
18
11
23 Va
83 Va
*
83%
*23'%
73
11
23'A
*82'%
10%
Jan
300
23 %
10%
23'A
83%
82
24 %
Aug
xlO'A
%
*
'9%
84
*101
"11 Va
*23 %
24%
'
*19%
102
*101
102
*101
13%
13 Vb
13'A
10
102
102
20
16
15 Vs
16 Va
25
Dec
403
61%
*61
61 Va
11%
No par
17% Mar
*105%
105 'A 106
•
61%
1
Freeport Sulphur Co
*
106
11%
*61
10
common
47'%
47'A
106
*105',4
106 ■/
*105%
67%
*67
11 Va
61'%
61
6% prior preferred
68%
2
*15'%
106
1105 'A
106
60
1U0
*99
99%
15%
15
.11 Va
20
__
Corp
10,400
11%
*101
No par
Corp
Foster-Wheeler
28 Va
99%
Francisco Sugar Co
Franklin Stores Corp
v
>
28'%
61%
*
Machinery & Chem Corp
10
3V»% conv pld
100
3%% preferred
100
18
95
2
Steel
28%
23 %
7%
Florsheim Shoe class A
:
1,000
"11%
No par
6
3%
100
*99
.100
*99
100
600
*3%
*61
No par
-
13% Mar
38% May
25% Jan
35% Feb
preferred-
$4
8
"105%
No par
Florida Power Corp
•
24 Va Jam
78
May
.100
—_
*
Florence Stove Co
6
Dec
8% Aug
(The)
May 26
Jun
92%
com
Carpet Co
No par
Fllntkote Co (The) common—No par
May 13
-Jan
preferred
Firth
18 % May 25
3
Rubber
k
First National Stores
13% Jan
May
40%
Dec
9%
,
31'Ya Jan'. v.?.*
3
Mar
22
:
23
47%
Nov
24 >A
Jun
Jan
21% Jan
,
Dec
82 Yt
61% May 18
17% Jan
3
107%' Mar 17
May 16
36% May
15 % Jun
Dec
27
111/4 May 26
xl04
9V» Mar
v
53
Aug
42%
Dec
26
105
20 %
/
Nov
96
Jun
59V» July
107%
•(
100
---—
200
16 va
*16
3%
28%
Jun
VA
16
3%
Jun
53
2,900
33%
xlfi
28%
24%
Feb
13%
3^"s
*3%
26 Va
Dec
8,000
13%
.*33 Va
28%
Feb
53%
%
13%
33'%
"35
Dec
42
%
13%
1
%
1 •»
14
5
preferred
MIg Co
Shares
share
24%
19%
4%%
the Weak
33
13y. Dec
99 %
■*
24%
90
<
I per share
3%
• com
S per
Sper share
No par
ii
Dept Stores
14
2
5
May 87
May 26
$ per share
I ale* far
Friday
Thursday
Sper share
1
1
Federal
•
28% May 17
9
23%
1
May 24
37%
'37
2o
■>
PRICES
Wednesday
May 25
HIGH SALS
AND
Tuesday
May 28
J per share
No par
Co
7% Jan
33% May 26
May 26
24% Feb
Fairbanks
7
14% Jan
9
xl6
'
Par
3
32 %
<
% May 25
11 Va Mar
Jun
Dec
5
I
28
19
Jun
16
41% Jan
25 % May
Feb
23% Feb
Oct
NOV
11%
r
Feb
Mondav
LOW
S per share
35% May 24
Jun
33%
28'/a
Apr
5 :
11
RECORD
SaturdayMay 21
STOCK
EXCHANGE
Highest
S per share
t per share
YORK
NEW
/•/■
Range Since Jan. 1
Lowest
Highest
I per share
20
STOCK
1,9
(2327)
CHRONICLE
STOCKS -
Year 1948
xl9% Nov
FINANCIAL
YORK
NEW
Range for Frerlons
Lowest
&
18%
18%
r
30
75
*73 V a
75
*73%
75
400
10
G
16%
May 25
7 %
5% May 23
15% May 27
17% Jan
6
7% May 27
9% Jan
10
20
Jan
Dec
12
Aug
38%
Dec
37
Apr
18
41% Jan
12
12%
Feb
48% Aug
17% July
13
Feb
25
17
Apr
16% Npv
23% Jun
16% Feb
18
19
Apr.
9
Dec
12 % Apr
5%; Dec
27%
9% May
26
4% May 26
No par
Gardner-Denver
No par
13% Apr
6% Feb
25
Garrett
Gar
3
Dec
45
May
24% May 27
32% Feb
26 % May
xl7 % May 27
23 % Jan
42
Dec
100%
Jan
8%
53% May
Feb
146
106
May
11% July
159%
Apr
Dec
102% Mar 23
42
Feb
15
102 % Mar 23
106.
(The)
Inc
Jan
Feb
7
10% Jan
6
163% Jan
Nov
144
Jan
Jan
79 V2 Jan
20
25% May 24
31
Jan
7
17'/a Mar
20
Apr
1
133
139'% Apr
Jan
19
31% Mar
43
May
35% Feb
25
40
Jan
Mar
41
Jun
39 V4 Jan
3
44
May 17
Nov
96
Jun
93 Va Jan
4
13%
Dec
7% Feb
28
97'% Apr
13 Va Jan
87%
9
Mar
40'%
Feb
V
Oct
118%
Feb
128 Va
Jun
Feb
108
Jun
97
53
45'% Mar 31
123% Jan
97
2
6
14
11
52'% Jan
13
14%
American Investors
I per share
t per share
50 % Mar
119
Oct
93 V«
Nov
66
*14%
—100
—
Baking
Co
105%
43%
V
4%
4
1st
%
5
Corp.
t per
t per share
!
551% May 27
Jun
123% Jan
5
125% Jan
x97
6
100% May 23
•
Jan.
17
67'%
67%
67 Va
26 '%
*26%
100
.
10'A
10'A
161
'
17%
Jun
13
16%
Feb
26
Nov
23% Mar
12%
Nov
18% May
2%
Feb
10%
Dec
18%
120
4% May
15% Jun
Dec
29
22%
May
128%
Sep
4Ya Mar
Jan
6% May
30%
Feb
Jun
Feb
25
3
12% Apr
2% Feb
21
11 Va Jan
3
10
16% May 25
120
May 19
4% Feb
10
22% May 25
16% Apr
26
28
May 18
16% Mar
8
3% Jan
7
14% May
5
20 Va Jan
123
7
Jan
6
5% May
nov*
10'%
*10'/s
.10%
'200
7%
7 %
7 '/a
7 Va
7'%
7Vs
7%
4,400
,
68'/a
*67 Vs
68 %
68 Va
68'%
25 Vs
25%
26
26
18!
18 %
18 T«
*18%
.
Nov
31 Va
Jan
24
Mar 14
28
Jan
11
Feb
132%
Oct
.112
May 27
122
Jan
27
Dec
Apr
4
21%
Dec
98%
29% May
30 Va May
Apr
102%
Dec
22% Jan
19 Vs
3
May 10
99 '/a Apr
4
26 Va
22 % Apr
102% Jan
4
4
18%
Dec
30
Jun
18
Feb
25
21% Jan
5
76
Dec
90
May
75
Jan
24
77% Apr
11
72%
Jan
82 Va May
71
May
*137'%
138%
27%
Feb
87
Dec
36%
,,36%
42%
36'/a
36
36 'A
35%
36,'A
35%
43
43%
43%
44
43%
No par
*96%
97'%
97'%
*96%
97 Vs
97 VB
97 %
*96%
97%
97 Vs
97'A
1
*7%
General Mills common
No par
preferred
conv
:
47%
..100
,
preferred—
126%
_100
'.
/
*101
./'"-...J*
Corp com
$5 preferred—
:
$3.75
<•-
.
10
-'
t per
57'%
-Nopar
Nopar
series.
May 21.
•
Par
Motors
Preferred
•v'J.Vt
*125
'
,V
V;
LOW AND HIGH SALE
f per share
?"
'
Dec
25
75
Dec
85%
19%
Nov
28
48%
Feb
4
Mar
14 Vs
Dec
47%
47%
*126 Va
'
$ per
Friday
55 %
126
125%
*125 'A
125%
*125%
lOOVs
99%
100 %
*99%
14 Vs
Nov
48 Va Jan
3
5% Jan
3
99
May 27
14% Jan
56
Oct
101
Feb
Mar
50%
Oct
x40% Feb
Oct
101
Jun
11
5%
Jan
5%
8%
Apr
Jan
3
5
May 18
May 12
5% Feb 19
Oct
16 Va Jan
Feb 1
35
Oct
Nov
31
May
20% May 25
20% Mar 5
89
Nov
4
12
7
.
Mar 24
103
18
9 Va Mar
Jan
17% Jan
9
23
18
8% May 16
64
1 '/a
7
53% Mar 25
116
10
11
31
Feb
17
45% Jan
26
104% Feb
3
16% Mar
5
3% Jan
7
Time Corp
preferred
Jun
93% Apr
26
97
Jan
25
12% Jan
11
16% Apr
9
32
Xl2
Dec
15% May
36 Vs
Feb
16
Dec
50%-May
23 Va Jun
132
Feb
July
145%
60
Apr
77
Jun
Jan
29'%
Feb
40 Va
Jun
13 V«
Dec
17% May
6
36
11% May 24
36 Va Feb 24
13
16% Jan
18% Jan
134
Jan
Apr
3
27
Apr
•
11
Jan
13
43% Jan
144% Mar
•
7
10
3
Mar" 19
13 Va Jan
4
38%
Jan
3
14% Mar 29
Feb
13% May
10% Jan
90 Va
Dec
98
Nov
Jun
25% July
93% Jan 26
16%
5'% Mar
85
Feb
9
97
July
15% Feb
Jun
5
Feb
4
8
24
11% Apr
98
14
May 27
20% Apr
6
7 Va May 17
14
13%
*17
17
17
17
122
*120
122
5 Va
5'A
5%
23'%
23'%
23'%
23 'A
23'%
23'%
22%
23', 3
1
*25
26
*25
117
116
116
*24%
Nopar
*19%
100
*100
24%
25
*19%
20
102
Vj
116
24'%
24%
19%
20
500
25'%
25%
1,800
19'%
19'%
19'%
102
19'A
,
.
*100
19'%
19'A
500
102
1,700
19>a
19%
*19
19%
*76
77
*76
77
*76 '
78
*76
78
71
*69
71
*69
71
*69
71
*69
71
Safety Razor
$5 conv preference
Glmbel Brothers
$4.50
5
com
19%
Goodrich Co
83
14'%
14
Jan
7
50
Jan
8
$5
57Vs
Feb
81
Jun
60 Va Feb
26
71% Jan
7
Gulf
14
Jan
18% July
16% Jan
3
$5
80'%
81'%
400
13%
13%'
13:%
2,500
77
74%
75 Va
13%
13'%
13%
13%
*74'%
77
*75
76
300
24%
25
25'%
26
24%
24%
1,700
19%
19%
19'%
19%
19%
19;!4
3,700
50
*51
52'%
50'A
51
51'%
*50%
1
8
7%
8
8
100
i05 '%
*15V2
1514
59%
59%
*101'%
*40%
Nopar
*103%
Nopar
*11'%
105'%
105»%
*50
7%
103%
105'%
'
52
101
7%
8
7%
7%
103'%
51
51'%
51'%
7'%
103'%
7%
105
99
103'%
700
51
6,300
7Vs
99
180
1,200
5,100
15'%
15%
15%
15%
15'A
15'A
15
15'/«
14%
15
59%
59%
59
59%
58%
59%
58%
58 Vs
58 'A
59
102'%
*101%
102%
101%
101%
102'%
102'%
41V«
40%
41'A
40%
40%
40%
40%
103%
103%
103'A
103'%
11'%
11%
11 Va
11'A
11 Va
11 Va
500
l'A
1%
l'A
1%
1 %
1%
6'%
6'A
G'A
6'A
6'A
G'A
22,800
1,000
104%
/
*103 %
104%
12
12
12
•?
I
40%
103
11
11
101%
IOIVS
41
103
*101%
-
-40%
*102
300
102'%
40%
102 3
4
•
2,800
600
1
1
1'%
1%
1
Va
1%
l'A
1%
5
*6'%
6%
6%
6'%
6 %
6%
10
Co (The)
*19'%
19%
19
19'%
19%
19%
*19 'A
19 Va
20%
20%
20'%
20%
20%
20%
20 %
20%
20'%
20'%
20%
20'%
900
*23'%
23Vs
23%
23%
24
24'A
23%
24 Va
24'/a
24'A
24'A
24%
4,600
96'%
*95%
96'%
60
13 Vs
1,500
.
*95'%
*95'%
96
*14
14%
*34%
35%
12'%
12'%
12
38
37
17 %
17 %
17%
*135%
136'%
•
—Nopar
•
*37
•
100
*66
70
*34%
35%
19%
19'%
96
:
96
95'%
*953A
13%
96
14
14
19'%
18%
13%
13'%
13%
*13%
14
35%
34'%
34'%
*34
35
*34'%
95%
*
13 %
*34
::
' '600
35
100
2,200
12'%
.
11%
12
12
12%
12
12'A
12
12
37%
36%
37
37
37'%
37'%
37'%
37 Vs
37%
2,700
17%
17%
17%
17%
17%
17'%
17%
17%
17Va
4,100
135
136
*66
70
*66
136
136
136
136
70
*66
*66
70
*66
70
37
160
136
136'%
*135
70
135'%
37%
2,300
37%
1
*35%
36'%
36
36
36%
36%
36%
36%
137
Corp—Nopar
(The) —
*13'%
13%
13%
13%
13%
13%
*13'%
13%
*13'%
13%
13%
13%
600
3
11%
11%
11%
11%
11%
11%
11%
11%
11%
11%
11%
Ill's
24,300
98
98
17 Vs
17'A
1,200
6%
500
preferred—
Aircraft
100
Corp
*97
98
10
17'%
17'%
Sugar common
l
preferred—
Nopar
*6%
6%
*94'%
Gulf Mobile k Ohio RR com.No par
preferred
Oil
83
*81'%
19%
Bay k Western RR-
conv
82
25
Guantanamo
94 % May 18
2,600
82
19%
Common-—
15
27Vs
25
(H L) Co Inc
Greenfield Tap k Die
Feb
27'%
19%
Green
45
27%
25%
Prop—No par
Gt Northern Ry 6% pfd
_No par
Great Western Sugar com
No pa r
7% preferred ~s.-i
100
92
Jan
4
10% Feb 24
27'%
19%
Gt Northern Iron Ore
Jun
*74%
27%
25'/4
10
pfd—
13'A
77
2,600
27%
20
City Steel—
—Nopar
Co common
5
3% % preferred
100
Grayson-Roblnson Stores com
1
4V*%
*74%
7%
28
26
(W T)
Grumman
77
7 '%
20
Graham-Paige Motors
Granby Consol MS & P
conv
14
14
14'%
*82
84
*82
7'%
26
com
$5 preferred
$2.25
27%
7'%
.2.50
Gotham Hosiery
Union
28'%
7'%
7%
No par
Nopar
$5 preferred
—Nopar /
Goodyear Tire & Rub com—_No par
Grant
7'A
7%
84
7%
27%
83
*74%
19 Vs
19%
7%
-7%
28
5
Inc
(B F)
19%
19%
28
Nopar
common
preferred
Goodall-Sanford
7%
No par
—No par
com
(The) com
4%% conv preferred
Goebel Brewing Co
Gold k Stock Telegraph Co
Jun
Corp
Gulf States Utilities Co-
12
*97
17
6'%
98
17'/s
17%
17'A
17'%
6%
*6»%
6%
6%
6%
*94'A
95
*94'A
12
11%
12
11%
48
*47%
48'%
25
64 Vs
64%
62%,
64
19'%
19 Va
18%
19
No pai
-
••
98
17%
6%
95
*47'A
*97
98
*97
17'%
6%
Nopar
i
98
*97
17'%
"47%
j.
95
.11%.
48
6268:,W
18%'.
—-
*100
1,300
113'A
25
19 Va
20
102
2,400
26
*25
112
23
77
20%
26.
25%
1,500
5'A
5 Va
23
113%
120
121
*119'A
5'A
*69
58%
page
20
; 400
17'%
23'/s
*24%
24%
*100
19%
113'A
116
24'%
17'%
17 Va
13,900
1,100
13:%
120
25
25'%
25
114
24'%
102
*100
102
*100
25
116
24%
26
117
13%
5'A
23
1,000
%
3
*76
Feb
see
120 '
5%
3
•■v
71
Nov
For footnotes
122
*120
122
17 Va
17'%
10'A
17%
*16%
*120
5 'A
*2%
13%
13'%
13%
.1,300
13% I 13%
78
12 Va
Apr 16
13%
A
2%
500
:
25
24%
;4
I3%r
*69
44
20
14
•»'.
-•
2%
14%
14%
*76
Greyhound Corp
10
3
13%
14»%
"2%
25
'
100
'
4'%%
Green
33%
*13'%
3
*120
Granite
14% Sep
Mar
*24'%
13%
25,500
,..600
.100
1QO
3%%
Grand
40
99
29
24%
*2%
3
Nopar
20
com
Gen Tire k Rubber Co
28% Jan
7
•14%
13%
No par
Refractories
General Shoe Corp
Gen Steel Castings $6 pfd
General Telephone Corp—
8% Apr 23
20% May
4
24% May 27
13'%'
5'A
Gleaner Harvester Corp
3
Jan
14%
24%
15
25
13 Vs
5%
Glidden Co
17% Jan
15
25
*5'%
26% May 13
23%
-
14
15
25 Va
13%
*14%
Sharet
56'A
I?5%
100%
15
tha Week
*125 Va
56%
56
100 Vs
25' 's"
gale* fer
May 27
t uer share
share
*125'A
xl3%
14
460
■■
May 2G
125%
25%
„; r.700
105
100%
15%
2,400
.
127%
*101%
100%
10c
21% Jan
105%
15% Aug
*2%
No par
100
24 % Apr
6
17% Mar 28
Dec
Feb
Railway Signal com.
preferred
Realty & Utilities
4%%
*13%
5
76
2% Dec
15
Corp.
6%
General
*25
10c
Utilities
*
*15
1
par
74% Feb 23
103 % Aug
'
96% Mar
Gen
Co
Corp—No
Jun
64%
38% Mar
Public
Gen
Nopar
Cement
91
24% May
94% Mar
Advertising
Portland
80% May 27
12% Mar 23
May
122
47% Mar
Outdoor
General
Gillette
55% July
6% Oct
Mar
113
Gen
Gen Precision Equip
Gen Public Service-
.300
7%
127%
125%
;
100%
'
47%
Thursday
56%
56
56%
56
4
t per share
tper share
57
56%
57'%
PRICES
May 25
May 24" ;//%
May 2:5
•;5;ioo
'
'
103
127%
*101'%
Wednesday
Tuesday
Monday
,
share
125%
*99%
:
\
«.
127
103
7nA
8
47%
47%
47 V a
*101'%
105
*101%
105
127
126%
126%
127 %.
127 %
*101%
*7%
8
7Vs
8
47%
47%
47%
•47%
48
126%
i
7%
8
7%
8
105
"■
;
General
*96%
STOCKSaturday
May
17
21.800
43Vs
$3.50 preferred
General Instrument Corp
'
35%
43%
7
13
,30
43'%
33% Jan
Jan
138%
*137'A
36%
26 % May 10
39% May
96 % Jun
,400
43
7
3
500
:'A
8
18 3
36%
12Va Feb
>7% May 24
Mar
73
130
69
26
vl83/s
43%
preferred
100
preferred
100
Georgia-Pac Plywood & Lumb Co.l
3
,
26
18%
36%
General
22%
Vs
*67
*18%
139
*137'a
138
138
a
43%
7
24%
-
10 Va
.No par
Gen
110%
5,800
161
10%
_No par
4
24Va Jan
10%
10'A
*158
.
100
..
25% .25%
I
137
137
138
*102
104
*102
*158
v/. 161
10
2,100
43
105
*67%
18%
*137
.
10%
10'A
*158
43
7%
26%
18%
104
*102
300
2,200
106
103/4
7%
26 Va
-
.
161
43
;
15
*105%
106
42'%
43'A
.
12% Mar
13%
com
Co
share
Jun
24%
15
*10,%
10%
7%
8
.:
10'A
10'A
*158
10%
10%
.
161
*158
*105%
106
*42%
V 104
*102
10'%
10 Va
10'A
,
*105%
42%
42 Va
102 %
102%
104
.
106
*105%
42%
67'%
50
No par
EXCHANGE:
99%
106
x42%
*18%.; 18%
100
Corp
NEW-YORK
2
*105%
43%
*7%
preferred
General Foods
<
62% Feb
105%
15
14%
15
161
No par
com
14%
15
*10%
2nd preferred
General Electric
5%
Range Since Jan. 1
: Highest
10'%
*158
5
;
preferred
conv
*102'%
par
.No par
General Cigar Co Inc com
7%
5
common.
$8 preferred
S%%
125%
•
Feb
l
com
Amer
General
107% Jan
Lowest
Highest
; 2.800
15'A
127% May 18
13
4%
24 VB
18
Transportation
$4.25 pfd series A—
—_No
;
400
4%
25'A.
5
100
;
12%
4%
15
ISTOCKS
Year 1948
4%
12%
xl7'A
4%
4%.
17%
4
Range for Previous
Lowest
;
25'A
4
Apr
4Vs
15
$4.50 preferred
7
34
/
4%
25 Va
17 Va
Jun
Xl25
4%
18
12%
17%
19
4
4Va
14%
*17
12%
*12%
125/s
*25 >4
General
24
Jan
25
*12%
*14
12%
17%
11
10
65% Apr
12%
14'/«;
25%
82
Jan
*12%
300
400
37
37
18
14 Vs
*17
17%
General Cable
44% July
171/a
*25'A
10
24
14 Va
*16%
17%
7 Vs
s
"14 Vs
16%
25'%
July
Dec
14 Vs
16%
17%
15
Sep
37'A
14%
17
25%
General Bronze Corp.
Nov
37 'A
14%
*16%
17%
11% Mar 31
18
3,200
7%
7%.
37 Va
25 Va
9% Feb 24
28'/.
600
7%
7'%
*4Va
14% May
72'A
37%
14%
14'%
12%
53i
15 >4
17%
com
preferred
9
...
12%
37%
37'%
.17
5%
15',4
*25'%
conv
General
8
160
May 27
14%
*16%
2
9% Mar
Nov
*37'%
"
5,100
5'%
15%
*37
37 "2
*37
600
6
6
G'%
5%
15%
8 Vs
7%;
8%
8%
8%
*6
6^
5%
16
*15%
16
"15%
16
8%
8%
6
53s
50
4 Va %
15% May 17
106% Apr
5
46% Jan
*8%
50
Co_^
Industries
Wood
'
16
16%
*16
5
5%
Gaylord Container. Corp——1.66%
7
18% May
105% Jun
Corp
20
6 %
5 '/a
*6
1
4
Dec
99% Mar
com.
26
Feb
3
(Robert)
18
16 Vb
Jan
(The)
6% preferred
Gamble-Skogmo Inc com
5% conv preferred"
Gamewell Co (The)—
11%
13 Va
Co
Gair Co Inc
18%/
?Fsrr■stixsft
*94'A
95
*94'A
95
*
*
6%
*94'A
10
95
5,800
' 300
12
11%
12
.11%
11%
47%
47 Va
47'%
.,:/47V'2
47 Va
162 Vhy * 62%
162%
63
;;.162'A
62%
^
8.100
■;4!3;3%:
19
i
7,309
11!%,
47%
h
-1.8'% 1119 Vs
r
'
r
~
•>18.v«k 19
T
'■V//.'
"■
*
•*
L
THE
(2328)
Year
NEW
Range Since Jan. 1
L))4H
FINANCIAL
CHRONICLE
'
Monday, May 30,4949
HIGH SALE
LOW AND
STOCK
Saturday
Monday
Tuesday
May 31
May 23
May 24
v
Par
S per share
S per share
$ per share
YORK
EXCHANGE
Highest
Lowest
Highest
$ per share
&
STOCKS
Range for Previous
Lowest
COMMERCIAL
.
$ per
5 per share
share
PRICES
$ per
$ per share
$ per share
the Week
May 2»
May 26
$ per
share
for
Sales
Friday
Thursday
Wednesday
May 25
Shares
share
H
31
Feb
35 %
Nov
22%
Sep
Dec
16% May
12V'4
12%
89
Feb
107
Jun
21%
Feb
27%
20%
4%
Jan
Oil
14% May 19
7
4
13
Jan
24
81
Jan
104 % Apr
4
106% Feb
23 % Jan
13
142
Feb
149 '
May 12
6%
Dec
3
24% Jan
19
14
Hat
79
Jan
61
Jan
5
7
Feb
11
8% Mar 14
9% Jan
5% May 24
Feb
11%
Jun
26%
Jan
19% Feb
3
20'A Jan
13
27 % July
78
Jan
91
Jun
84
Jan
Dec
42
Jan
30
Jan
Jan
103
May
98% Jan
14
13%
Dec
41%
23% Jan
4
28% Mar 30
Oct
34% Jan
6
38% Apr
22% May
Dec
Dec
13% Jan
4
35%
x57%
128%
Oct
122% Feb
Feb
30%
Dec
Mar
15
Apr
Hercules
27
122
Jan
Nov
20
21% Jan
28% May
16% May 25
21% Jan
7
78
Oct
86 %
79% Jan
84% May
6
Dec
9
Jun
14%
LL''
12%
25%
Feb
9%
Dec
29% May
16% May
15 %
Feb
30%
25
Dec
29 Vb
Nov
24%
Nov
99
Dec
34 % Jan
41% Apr
3
Apr
96
29
29
Jan
,
3
108
99
11
Dec
18%
Jun
Apr 30
10 vb May 24
29 %
Dec
46 Va
Jan
30
Feb
11
V
27
•;
Nov
34%
Jan
28
v2 Jan
Oct
94%
Jun
86% Jan
49
Oct
Feb
38%
14
Dec
23
Jun
13
Apr
Jan
47
Jun
37% Apr
3%
Sep
8 Vb
8%
Sep
14% May
34%
Jan
50
12%
Nov
2
12
22%
Dec
19
5
Jun
% Sep
9
Feb
8% Feb
28
1% May 23
May
i
14%
10% May 13
Jun
$ per share
30 Va
'
Apr
27% Mar
62 Va
35%
Jun
x32
22 % Feb
77 Va' Mar
24
$2.25
3%%
11% Mar
3
47% Jan
7
,
Hunt
Foods
6
Hupp
14
7
Jan
7
Idaho
7
Illinois
Power
Jun
Jan
8% May 11
Jun
21% Jan
6
4
May 27
21
31% May 14 %
10 Va Jan
26
7
Mar 30
8% Jan
38 Va
Dec
56
Jun
33'A Mar
4
41% Jan
76%
Jun
57
Apr
26
67 .Jan
3
Jun
155
Jan
11
Feb
34% Mar
160
:
47%
Feb
8% May
Dec
Apr 25
23% May
41% Jan
8
12 Vb May
21% May
6%
165
30% May 25
Nov
Feb
*83 Va
84%
*83 %
8%
8%
8%
8%
3%
*8%
14'A
*14%
14%
14%
14 VB
*13%
14%
14%
*14 :
15
14%
*14
14%
21 vb
21%
21
21%
*21%
22
*9%
9%
*9%
18 %
*18 «A
8
34%
vb
5%
11
9%
11.»
98
10%
10%
*10%
11
*10%
11%
10 %
10%
700
32
32%
*32
32%
*32
32%
32%
32%
400
31 %
31%
1,700
31
*91
10
3
8% Feb
16
Insuranshares Ctfs
12% Apr
30
15% Jan
26
35
%
35%
36'A
14,100
13
i.
400
*12%
13%
*
5%
*8 Va
8%
11
9%
*9!
b
9%
11%
*9%
9%
1,500
1%
*1%
1%
1%
2
4,300
*10%
11
800
HIGH
SALE
11
PRICES
May 26
$ per share
Sper share
32
%
32 %
32%
26%
25%
27 %
93
82
*80
8%
•
25
6%
*96
22%
23 "a
30 %
30%
8%
8%
8%
25 ":"-'
25 VB
*6VB
6 Va
.
25%
6%
*6!B
37 %
37
36%
35 %
36
61
59
60
59
60
59%
59%
—100
*159
165
*159
165
x36%
165
*159
->
J
301
*3%
98
23%
410
30 %
5.500
29%
1
8%
—
„
(.00
25%
4,300.
6
6
200
35
'
35%
5,100
59%
36
59%
165
*159
;
8%
25%
6 VB
59%
100
<96
.
.
8%
*35%
11,600
82
25
6 VB
26%
*23
93 }
25
4,900
33
26%
23%
■■
29%
•
32%
*81
82
*96
98
'
23%
30%
•8%
25 Va
82
*81
98
t per share
27 Vn
27
*81
the Week
Shares
May 21
32%
22%
32%
25%
Sales for
Friday
Thursday
32%
*96
11
May 25
t per share
■>
11%
Wednesday
;
37%
Interchemlcal
11%
11%
*11
11%
*11
*59 VB
59%
2,100
*15.9
165
1
165
*159
*32%
32%
31%
32
31
31%
30%
31%
31%
32
32
32 '.'4
4.000
*13
20
Inc
11%
11%
1%
83
8%
2,400
9,800
9%
26%
*6 Va
36%
36
10%
26%
25
10O
9
*8%
9
37
1%
*37
Inspiration Consol Copper
00
3(i%
400
1,000
5%
9%
32%
%
5%
11%
32%
9 Vs
5%
1 %
27
6
38
9%
1%
t per snare
25
*37%
10%
10
May 24
9 Vb
13%
38%
<1>%
37
36%
*12%
%
13
"37
5%
%
8%
9
37%
37 !4
luesday
25
*91%
38
May >3
*6%
No par
—
Jan
34%
35
1
No par
—
Ingersoll-Rand common.
6% preferred
Co
1,500
35
X38
30
Inland Steel
46%
38
30%
Rayon
92
45
13 Ve
30
—
92
46%
34%
30%
A
92
46%
38
Va
40
92
46%
13
5%
31'/a
10
92
■
34%
Monday
32%
26%
31%
31%
480
98
*97
46%
92
LOW AND
pfd ser A..100
31%
31%
46%
46%
May 31
—100
Co
Power
25%
Saturday
Co :common_100
800
25%
103 Va
*97
11%
11
$ per share
25%
103'A
25 %
104'%
98
V
STOCK
25 %
104%
25%
104 %
*96 Va
38
'
1%
11%
40%
41
400
4,400
41
97
9
10
1%
25%
41
97
5%
*8%
9%
300
18%
25%
41
13'A
38
1%.
•
18'A
25 %
40%
35%
%
5
9
18
25%
39
13 "4
11 Va
*18%
41
25%
46%
*38 %
38%
13%
25%
104%
92
38%
11 >
■>u>
*25
100
104
25%
31
13%
*8%
1
_
31
46%
Va
*38
300
98
*91
*
100
9%
*9
9
33%
38
par
1,200
■
11
3 5'A
5
200
14%
14%
21%
104
26
*32
92
20
1,300
21%
*14
•
'
ip",
40%
1,700
*13%
V
14%
9
9%
*9
9
25%
1«%
104%
11
31% *
*13 Vb
5
20
18% Jan
8
40Vb
21%
9%
*25
30%
Illinois
Industrial
,
18 Va
26
47
35
9%
25%
"14
21%
21
41
33
■
14%
15
9%
25%
11 vb
31 %
47 1,1
•
21%
40 %
26%
3%
6%
*14%
*14
26
*91
6.66%
series
6'JO
9
14'A
v 200
■
84%
9
Indianapolis Power & Light—No par
Electrica De Mex, S A—_
7
Nov
•15Va
84%
Industria
10
58%
150
*83 Va
*23%
9%
15%
84 "4
No par
Illinois Terminal RR Col—_——5
4
12Vb
*83 Va
22 7 3
25% Jan
25 Vb
84 %
23 %
30
Nov
84%
8%
23 %
Aug
Nov
84%
1
4%
1,200
31%
*83%
:
;
10
125 %
116 %
116
117
17%
__Nc par
conv;
31 %
31%
31%
116%
50
300
5,900
17
—25
c
___i.
ctfs
*124%
32
16%
*90
26 %
Feb
t
v
Co
lines
125%
■>124 %
125%
117'
117
16%
—No par
preferred—
non-cum
stock
RR
125%
*31%
17%
83
Leased
42%
16%
24
4
Jan
28'/a Jan
%'
100
14
41 %
16%
98
6%
96
14
42%
*17%
*81%
7
4
25
14%
42
17%
*96
84 i, Jan
Jan
20% Feb
*13%
16%
1000
2
96'
14%
*38
17%
33
97% May
37% July
38 %
16%
100
RR
38 %
27%
15%
Corp.
Central
27%
1
27%
33 %
17'A
Par
Jan
70
27 7 is
800
16%
40%
$ per share
35
99%
"17%
EXCHANGE
30% Jan
99%
17%
No par
com
STOCKS
36%
17%
*32 %
YORK
99%
92
17%
Hussman Refrigerator Co.. —No par
NEW
*99
*91
*35%
-
17 Va
—50
__
Highest
36 Va
42%
3.1 %
125
92
17%
11 V8
Inc
•
42
.117
200
*91
*35%
17%
..No par
Corp
*13%
31%
22%
17%
com
Hudson "Motor Car—
7
7
2% Jan
14%
42%
117
22 %
38%
23
*38
*124%'
2,700
22%
28
23 Va
13%
31%
21%
*22%
99%
42 %
117%
21%
35%
*99
21 Vs
92
35%
38%
*
4,100
*17%
18%
Hiydson Bay Min & Sm Ltd —No
11% Jan
28%
125%
*96%.
non-cum
93%
43%
31%
117
98
of Texas
99%
14
*124%
31%
118%
Hudson & Manhattan common—100
5 %
i.
125%
31%
<117%
36 "4
28 %
.
*96%
Howe Sound Co——
90
7%
*124
92
"35%
38%
..No par
Stores
20
5
28 Va
*38
104'A
Howard
Jan
Sep
20%
38%'
105
Oil
14 vb Jan
,
28%
*38
*91
36 %
99%
*25%
Houston
8Vs Jan
,
*28%
*25 %
preferred
Fub
May
*99
*104%
Household Finance
11
Jan
-
99%
preferred
conv
95
July
*9.)
92
%
com...—5
A.
ser
Houdaille-Hershey
24%
'
*9i
*35
10
Light & Power.
•
Apr 21
42% July
*91
36%
30
Houston
S per share
$ per share
92
*35%
12.50
$4.25 preferred
3
Range Since Jan. 1
Lowest1
Highest
<91
MO
—No par
pfd
.%■:
Year 1948
22%
.5
.
Mining.
2nd
Range for Previous
Lowest
*22%
Co__
4
15
26
Apr
Dec
Dec
10 Vb
May 27
22%
1
preferred.
May
46% Jan 20
8% May 20
36
22 %
*
37% May 17
7
4% May 19
Dec
22%
...
Hooker Electrochemical Co.
95 Va Mar 14
29
29% Feb
Jun
23
500
6
100
...
(A) & Sons
$4.50
48% May
27
33
4
13
Jan
32'A Apr
43% Mar 10
20%
*22
7
5%
6
6
21
10
64
7
7%
1
A
ser
Furnace
Mar 28
33 % May 20
6
Mar
.
12% Mar 30
6
81
38
5'%
21%
*61%
64
—5
Holly Sugar Corp
102
5%
20%
100
(Charles Ell——
1
X24
5%
21%
Hires
21
Feb
5%
5%
*5%
5%
*7
21%
No par
Inc..—
27 Va Apr
Dec
*61%
7%
5%
2
conv
62%
7%
7%
21 Va
4
5%
600
5%
25.
.
preferred
Homestake
22
20%
Chemical Corp
Holland
7 Va
*21%
*5 Va
6
_—
7'
*
10
22
*21%
5%
62 %
64
*62%
1,100
144
21%
*
5 v4
60
22 Va
*140%
5 Vs
21%
21%
"5
22 Va
144
21
100
preference.
Co
21%
50
105%
*105
21%
78
*140%
*5%
May
7
*142
*77%'
77 %
21%
142
142
144 %
12
■
105
105
21%
21%
22
77%
21
—10
preferred
3% ','v
105 %
7%
43
22% Jan
Jun
*7
13%
Heyden
n 05
64
*62%
14%
Hewitt-Robins
105%,
21 %
5%
43%
conv
77%
22
*5
1
*76
*105
144%
21%
43%
8
42%
22
7
25
:
Hollander
35%
103
3142
.
.100 •
——:
Motors
18
18 vb Mar
Oct
144%
*142
12
77%
12%
15
preferred
24 Va Mar 10
Jun
30
22
12
12 %
*76
12%
77'%
5
Co.'.
May
24%. Jan
May 26
105
22
63%
common
10% Jan
9
.
105
22%
Hilton Hotels Corp
5
Hinde & Daucla Paper €0 (new)—10
9% Jan
20 Va May 10
105%
12%
*61%
1
15
3
1,000
*76
5%
15
May 11
12 % Jan
Jan
21vb
3
8% May 20
Jan
14
—'•
Dec
May 27
16% Apr
700
11%
13
77%
<13%
$4
26
Nov
14
12
Hershey Chocolate com——No par
15
177/e
;• 17
*13%
No par
5%
32% Apr v 5
1
123'% July
27% Jan
17%
14%
Hercules Powder common.—No par
4
18
127.% Jan
15
26% Mar
116
Apr
17%
*13%
*11%;
*4%
Co common..
W)
17 Va
14%
2
Glass
non-cum
17%
*22%
100
preferred
(G
7%
17%
14
*21%
preferred—™
Helme
•
17%
14%
__10
Corp
(H J)
3.65%
21
46% Jan
40% Mar 25
Apr
3%%
Heinz
1
Mar
Mfg
17%
14%
common—1
Hecht Co common—
24
100%
Marx
preferred
Hazel-Atlas
Mar 30
36
Nov
24%
Nov
Hayes
4
91% Feb
3
95%
7
23% Feb
&
of America
2,000
17 %
17%
14 %
*105 i
com..No par
Hayes Industries Ino
22% Mar 14
17
29%
25%
4% %
67% Mar 21
Jun
Corp
33%
*32
33 %
*32
33%
*32
33%
17%
14%
*76
100
Hart- Schaffner
5% Jan
33%
17%
14%
*12%
100
preferred
20
11%
34 Va
Refrac
*32
"17%
Co $4.25 pfd__No par
4% Jan
Oct
120%
6%
4
Feb
22%
(M A)
Harbison-Walk
20% Jan
20%
114
Hanna
:
33%
<'32
"*14%
No par
preferred.
conv
Jun
8
"Mar
6%
x20
4%
34'A May
Dec
25
Well Cementing__5
Printing Oo
5
(W F)
Hamilton Watch Co com__
6
Dec
59
Hall
2
20% Mar 22
11 % Mar
73
Jun
150%
146% July
Water
Halliburton
3
Mar 29
Jan
xl01%
Hackensack
19% Jan
4
11
Jan
12
xl4% May
Dec
Mar
79
33% Mar 30
Jan
16% Feb
31
Oct
15 %
13%
13 VB
13 %
13
13
13
13
13%
13%
13%
13%
2,600
8%
*8%
*8%
8%
8%
*8%
12%
12%
12%
8%
8,%
-
.
■
■
—
*8%
8%
3%
8%
300
*12%
13 %
*13%
13%
1,000
'
13V
86
Dec
1%
Dec
HVa
Feb
103
Jan
125%
Feb
26%
Dec
x34%
Jun
Oct
174%
Jun
160
86 Va Jan
3% May
16% May
156
Dec
5 Va
Nov
9Va
Feb
38%
Dec
93
Jun
3'/a Mar
24% Mar
135
Jan
42% Mar
86
5%
Feb
99
73 Va Jan
Dec
14
Dec
Jan
Nov
43
Mar
30
Mar
8%
Nov
8%
Nov
17% Mar
45
94
Jan
5
5% May 24
59
64
Jun
45
Jan
41
Jan
65% July
43
May 20
32
Jan
35
Mar
May 24
Apr 21
3
4
20
8
Intercontinental
13% Jan
7
Interlake
166 Va May 19
28 Va Jan
7
170% May 26
7% Jan 24
29
Jan
8
81% Mar 11
4% Jan
10
31%. Jan. 7
143
Feb
8;
53% Jan
99 >
7
Mar 26
Int'l
Business
Int'l
Harvester
preferred
100
Int'l Hydro-Electric Sys< class A—25
—
Minerals
Int'l
4%
preferred...
International
Int'l Nickel
International
$4
Co
Paper
100
com..—15
—No par
17.
Salt-—
27
International
Shoe....
—No par
i...No par
International Silver -common.^— 25
preferred
__25
Jun
8% Jan
3
11% Apr V 4
11% Apr 11.
International Telep & Teleg..No par
jun
18% Feb
17
21%. May 17
Interstate
24 V' Jan
Jun
145
May
10
-
3
24'A Apr 29
Mar 30
144
29Feb
32
148 :
Feb
1
Jan
21
v
2
Deo
May
3% Apr 12
Dec
23%
Jun
x13vb May 25
Dec
92%
Jan
81
39%
Feb
48
89%
Oct
99-
33%
Sep
42%
Jun
33
May
3
40% Jan
7
100 Va
Feb
113%
Jun
103
% May
3
110% Feb
23
5% Jan
8
18%' Jan
24
Foreign
share
ctfs.i— —_No
Dept
Stores—
Intertype Corp
$6 preferred
Jacobs
(F L) -Co
4%
27%
28
*61
*55%.
*42-
B
46%.
95%
95%
5%
5%
5%
5%
*54%
*42!
*27%
27%
27
26%
25%
26%,
1
*142%
145
*142%' 145
3%
3%
Jaeger Machine Co—
—No par
*13%
14%
*13%
Jersey. Cent Pwr & Lt 4%
pfd__100
*84%
85%
85
May
44
Jan
24
51% May 27
Jewel Tea Co Inc com
No par
*51 Va
51%
*51
May
95% Jan
17
101% Apr 29
.100
100%
No par
*34%
35
Oct
99
Dec
106
May
102
Feb
145
Jan
158
Jun
155
May 23
31% Jan. 28
15
29% Mar
39%
Oct
83%
Feb
93%
Apr
76% May 10
30%
Nov
43%
Jun
36
11%
Dec
21
25 'A
May 25
Feb
7
36
-Jan-r-7
104 Va Apr
160
>
33% Jan
86
9
Apr 26
7
Jan-
3
40% Mar 16
——
Johns Manville Corp com
3 Va % preferred...
100
Johnson & Johnson common—.12 %
4%
2nd preferred series A—.100
Joliet & Chicago RR stamped
100
Jones & Laughlin Steel coni—No par
5%
Joy
preferred series A.
Manufacturing
'■
'
—100
Co—
1
3%
104
*32%
*100%
102
34%
35
106%
*104
*32%
33 %
102%
103 %.
155
160
"
,
9 VS.
*20%
42 Va
44
44%
*32%
34
34
9%
38,900
9 %
600
21%
200
25!
*25
26%
600
2544
*25%
26%
400
25%
25%
26%
25%
*100%
34%
*105
33%
145
*
142 %
145
3%.
51%
102
34%
107
33%
51%
51%
*100%
102 v
34%
34
107
*105
103
*102
103
*102
155
155
155
*150
37%
37
37%
*142%
3%
a
*142%
145
:
*3%
3%
145
v
3%
*13%
13'A
13%
85%
85%
85:! 4
52
51%
51%
"
1,000
13%
85 Vb
*51'A
*101
x33%
*105
101
102
34
•••
107
'
33%
105
400
60
.
60C
-
10
101
33%
4,200
105
100
1,700
32
32
103
*32%
102
155
37 Va
1,500
33 Va
8%
9 Va
9%
>25%
%
51%
700
45
9%
13%
78
42 Vs
44%
*32%
*20%
86
25%
"42
33 Va
9%
3 Vb
77%
42%
45
21%
*85
25%
42
45
"32%
9%
X13 Vb
78
57
*20%
9%
3%
78
*55%
26%
*3 VB
900
450
59
57
26%
84
59
59
*55%
26%
*142Va
5%
9%
14%
25%
59
200
5%
6
11,006
21%
9 Va
86
26
.*5%
46%
96%
*9%
*13%
33
220
46
*95%
46 %
96 Va
*20%
9
*
34%
139%
a
*25%
3Va
107
23,800
*138%
%
9%
14%
102
2,200
27%
138 %
21%.
85
51%
4%
27%
45 %
*95!
83
'4%
Va
4%
28
25 %
27
*25%
85% May 27
preferred
9 Va
21%
50c
3
33A %
9 Va
9 Ta
*9% 1.
21%
Jan
\
*32%
57
42 %
4214
44%
34
9 Va
9%
42 %
44
59
*56
57
42%
■
*32%
34
*54%
57
59
60
44%
a
44
10%
1
138 %
45%
21%
———__
139%
46%
*76
83
4%
28%
27
.
*76
27%
95 Va
*9%
i
4'a
a
*21%
—
4%
95%
No par
i—:
83
*76
%'..,;
45 7
42%
44
*32%
1,100
97
57
■
44
2,500
47'A
59
380
6%
27%
*138%
61
16,200
6%
27%
60%
24
170%
27%
139%
Va
62
2.000
161%
6%
27%
5%
23 Va
170%
27%
139'.a
5%
24%
170%
6%
28 Va
5%
160
162
23%
170%
27 %
139%
*95
690
6,200
6'a
46 Va
96
5%
4
! %
10%
27%
27%
47%
47%
*95
83
4%
200
90
10%
6%
27
*76
>160%
,
27 %
•6%
27
23%
170
*138%
139 %
*138%
6%
:v
4%
par
common
,
6%
4%
4%
9 7
Va
No par
1
Island Creek Coal
23%
169 Vb
83
16%
8% Janv 3
24
169
*76
Jan
7%
23%
lb8%
83
Feb
27,
24%
168%
6 Va
•*76'v
1
162
161
23%
168%
89
1%
1%
1.0%
24%
100
44 '
Jan
162
1%
10%
168%
27
61
34
161%
i%
10%
24%
27
International
57% Jan. 13
163
90
89
1%
168%
6
1
preferred
162
'
10%
1%
11
164
*162%
•
13
91%
*90
90
1%
10%
28
Corp..
—
90
1%
11
6%
of Canada com_.No par
Preferred
91'a
1%
11
*27 Va
,
Mining
1 %»
11
com—5
Chemical
&
*90
91%
*1%
11
common.—.No par
7%
Feb ^'9
71
8
4%
Feb
No par
Machine..—No par
.
13
13
13%
*90
100
Rubber..—No par
16%
39% May
20%
Iron
Int'f Rys-of Cent Amer com.-No par
5% preferred
LlOO
7% Feb
18
79%
,
4%%
93% Apr
2% Jan
*13
5
26% May
35'A
Jan
4
Feb "1
55
22% Mar
137 Vs
May
Jan
107%
29
Nov
V May 25
137
May
52 Va
17
3% Feb 26
27
July
65
39%
5% Feb 24
24% Mar 10
5'A May
34% Oct
139% July
64% Jun
.5
23% May 25
3
164% Jan
Jun
71
11
Va Mar 31
xl45% Jan
Jun
23%
1
10% May 26
Corp common
preferred..
*102
103
*102
103
160
*155
160
*155
160
33
32
32%
.....
30
25%
25%
25%
25%
25%
25%
25 %
25%
77%
78%
78
78%
77%
78 'A
*77%
78%
36%
37
36%
36%
36%
36%
36 %
36%
4,600
9%
500
7,800
./
710
K
9
May
.
May 10
12% Jan
8
x89
Nov
98
May
98%
Dec
23%
Feb
48%
Oct
48% Mar
60Va
Jun
101%
Dec
94% Jan
100% Feb
x34% Feb
18
;
May
11%
26 Ve
July
17% Apr
15%
Dec
22% July
For footnotes see
14% Feb
page 26.
9%
*9%
98%
*96'/a
11
103 % May
24
43% Apr
12,
Kansas
56
Jan
24
4%
14% Jan
7
Kayser
21% Jan
8
Kelsey Hayes Wheel conv class A_1
May 13
Dec
Feb
9%
*96%
3
21
7
17 Va Jan
9
6
7
3.80%
4%
preferred
„„—.
103
98%
103
100
*102%
City Southern com..No par
preferred
100
41%
40%
41 %
*52%
53
53
53
(Julius)
*11
11%
11%
18%
18%
cum
preferred.i.
non-cum
Class
10
B
*9%
10
9%
9 %
9%
9%
*9%
*96%
98%
*96%
98%
"96%
Power & Lt Co—
99% Feb
Jan
20%
City
12
52
"13%
10
:_100
Kalamazoo Stove & FurnituresKansas
&
Co
—.5
;
1
41%
18%
14%
103
14%
14%
*96%
*102%
98 Va
103
*102%
103
*102%
103
*102%
98 Vs
103
40%
41%
40%
41%
x40
40
40
40%
*52%
53%
53
53
53
53
53
53
11%
11%
11 %
11%
11%
11%
11%
xll
18 VB
18 %
18%
*18%
18%
18%
18 Va
*18V
14%
14%
14'A
14%
14%
14!
14%
14%
10
2,200
900
11
800
19
2,701)
14%
1,400
Volume
COMMERCIAL
THE
Number 4807
169
Range Since Jan. 1
>; Highest-
-
$ per share
"•
X per share
56% Jan
Feb.;
607/s
Oct
40 Y»
Nov
51
Apr
42% May 11
39% Feb
8
Dec';
16%
Oct
11% Feb
25
13 '%Jan
May
18% Apr
28
22% Jan
104%'July
93 % Jan
\ 5
100
>144/2
12
14
14
Feb*
Oct ti
11%; Feb
63
'
24
Jf;
Mar
Jun
75
Oct
Feb
29 Ya
Dec
89
Nov**
95% Jtlly
32
Feb(
39%
Jun
X35% Feb
'%
Feb
14
Nov
58'% July
49 v Oct
48% Feb
40 3A
'
16
45
4%
+
Dec
12
24
9% Mar
Aug
9% Feb
Mar
May
26% May
Dec
7 99
10
Feb
7
7 13% May
30% Mar
'
>
Jun
Jan
,-10
Kress (S H) & Co
—_L—Nonpar
Kroger Co (The)———No par
Kresge (S S)
Laclede
*12%
*64%
-29%
Lambert
Co_
;
4
pfd—75 Pesos Mex
Lane-Wells
-
Mar 21-
Lee
Rubber
;
1
22% Jan
Tire
&
5
:
A
7 7/ May 26
13%
*12%
13%
67
*65
67
29
•A
50%
19% Mar
5%
26 Ya
May 27
24% Jan
12
$3
Jan
5% May 17
8% Jan
12
50c
10
July
10% May
41%
Feb
8Va
Dec
16%
Feb
26 %
Jun
?0>/b Fe.b 25
44%' Jan
43%
56
42% Feb
May
Dec
56%
Jun
Nov
10%
Apr
31% Mar
38 %
Jan
91
Jan
8
82
Mar
157
Oct
33
Nov
47
21
,7
"
55% Mar
70 Ya May
I0V2
Dec
23%
Jan
68%
Dec
85
4.1
Apr
10% Jan.
•
66 % Jan
10
23
May
9
14 VB Feb .15
Jun
17
Jan
7
Jun
78
Jan
27
16
67% May 26'-
13%
Jan
24%
Jun
16 VB Feb
14'%
Dec
20 Ya May
14% Jaii
57 Vz
Feb
68%
62% Apr
Nov
30% July
xl8
18'
Feb
Jun
Nov
158
23
Nov
25
-
22% Apr
19 Ve Jan
Jun
153
Nov
Jan
23% Jan
158
37-
Dec
May
3?
Feb
91
Dec
35% May
98% July
95
Jari
14
17
Nov
24
16% Feb
8
50
Va
Jan
:/>sRang«f«r JPrevJawi^ ■■■■
:%/>-/ Year 1JHH >
;
.
Lowest
-
./
X per share,:
21'A
21'%
10'A
10'a
10
10
*45'%
21% Mar 30
&
Lukens
1
7'A
38'%
38
$ per share
37%
38'A
38'A
4%
4%
4%
4 'A
1%
17%
17%
V. 17%
17b
16'%
16'%
17
*16
17
*
6%
5
*
7
Ya
5 Ya
98
*5%
46'%
50%
51
50'A
50%
50%
par
176
*38% >40
*38'%
<
*8
8%
■
174
174%
173'A
40
8
.81'A
38
*36
38
81'%
:
5
*'4
56 %
57
5%.
57
21 %
21%
20 7%
21'A
207%
21Va
21
*14%
15
15 :
15VB
147b
15
15
15%
15'a
f!
69
*67%
68%
22%
-*155
*21%
;
=:=97
:
10
;
i
63'A
63'%
03%
18
18
17'%
17%
16%
17'%
16%
22%.,; 22 7%
22-7'b
22%
23
155
33%
98%
17'A
Monday
May 23
Saturday
'
>
May 21
177%
64
64
17
16'%
16%
2,200
23'%
22%
23'%
10,800
18'%
<
156
28
*27
33 v%
33*
1.000
33'%
2,500
22
33'%
22%
22
22 >A
22
98%
*97-
98 7%
*97
17'%
17
17 vb
17
17'%
17'A
50
27'%
33%
22
98%
800
157
*156
28
!
LOW/AND HIGH BALI PBLCERt.
Tuesday
WednesdayWednesdays
Tuesday
2,000
98'%
=
••••
>•
—
2,000
17 7A
Thursday
Friday
Balea for
May 26
May '21
the Week
'
May 25
May. 21-.
X per share v
X per share
X per share
X per share
Par
y:
17%
63 Ya
33
22
17 Va
17%
v-
*97
33'%
21%
*97
98'%
28
*63
155
loo
28
28
17%
io
I •>«
*153(2
155'%
v
33
33%
'
-
28
22
'
*97
17%
*153'%
28'%
21'%
.22
.
*17'/4
STOCK
11,300
to
.33%
33%
"V
19%
19',%
100
19%
28-.,
2,000
3,206
l
22%
4,700
15'A
67'%
63'%
155
1,100
21
15'A
57%
19'%
1&V4
28%
57
20%
.15'a.
19'%
64
23
•"?: 57'
9,800
>v-
*66'%
18'%
156%
■
*27 Va-
77%
7Va
.
180
38
*36
-7%
67%
19'%
23
7,700
19%
17%
/
8i%
J74'A
174 VA
67'%
64
(.',2
1,100
81'%
•
>
19%
19'%
,
8,200
t>9
*67'%
69
<
18%
'•
*18
50
*65
,
17%,
,19%
17%
=-64
No-par
:
64%
19 3a
x
'57.%
2,700
7'%
35'%
21'%
57%
21%
,
>50%
:
38
.7%
900
2,100
Ya
35'%
81%
*36
58%
!
50'%
7'/b
35%
175
8'%
77b
8'%
%
47
10'% /107%
23'A <23
*174
174
*66
-
1
$ per share
80'A
173%
v
'
1,800
50%
:
*21
*57%
•
Nopar
.
-
*36
8
8
81%
174'A
80-%
81'A
81
80%
80 Va
'"•174
■
4
10%
7
400
5%
*5%
23'%
35%
35%
2,000
1,600
2
10'%
/
46 3
47
xlO
7'%
35%
36%
36'%
37
7
7V«-
7
7'A,
7
*36%
1 7b
16
5%
46'%
51
x51
7 VB
37'%
<
*
2
3,100
4'A
.4'A
4%
16%
100
38
38
38
9,900
7'%
7
7'%
52
7V8
*36%
«
46%
47
46%
•A
18 "2
*96 A.
*16'%
6
46'A
46 7%
*18
2
2
16%
*5'A
5%
-
427%
18'%
*4'a
4'A
17%
*16
300
400
98
38
38
4'A
4 "2
50
47
.22%
*18
7
7"'%
"7 VB
1,200
400
*96
,
*51%
& Sons Inc com__l
YORK
98
38%
*5%
..No par
-EXCHANGE 8
A
Highest-1
:t
I0V2
*96
23%
Co_^
NEW
Rang* Sikcf Jan. lav.;J
Lowest
*18
10'A
series, A_-——___100
Steel
■
*42
/
23
Nashville.....
,
(M)
»A
18',a
*9%
—.
...
pfd
4%%
42%
42 7%
22%
..100
Gas &*Elec Co (Ky)
Lousville
*22 VA
42 va
10%
common.—,%—10
preferred ——1—
1100
Lowenstein
*44%
22%
42 %
Va
*16%
Lorillard- <P>v Co
4
47
*22'a
22%
(Md): A
11
*44%
22%
46%
Lumber
24:
Jan
■
45'%
42
=
7'%
7%
7'A
44%
*22'A
98
>*18-:,'
98
*10
47
42'A
43
43
43
10'A
*10
23
23
1%
4
600
4
4
4 7%
22%
Bell
41% Jan
98% May
32,900
6%
6%
21%
10
Corp...•—No par
7%
7
6%
6%
6%
6 r,B
10%
Cement
Louisville
2,700
46%
Long
<2
50
22%
.Nd par
STOCKS"*
I.•
i Hlghtcst
t per share
Mar
49%
10%
Star
24
May 24
21 a Mar 23
r.
>
49%
49%
22%
Lone
20
50 Vb
11
5
,
Inc.:
2,100
23%
preferred
conv
Loew's
28% May -5
-4i'
'/o
54 %
*10%
.
Lockheed, Aircraft Corp
23% May J6
3
28
20
.
3 %
54%
*22%
j—_2— No
Co..
:
54 %
:
-
4'%
10'A
*38
Carbonic Corp com—.No par
Liquid
5
Jan
23
Belt
Corp
Lion Oil Co new
18% May 13
67% Jan 21
21
1.6 % May 27
21% Sep
138
5
3
<
Link
54
..
21%
23%
1
Lima-Hamilton
l
54
5
>
7
22:
4,400
No par
(The).
Corpi..
8
1
88% Jan
175 Va Apr
7% May 27
56% May 26
34%. Feb
May
13%
'
13!
Feb
Corp
Stores
80
39 %
4'%
47
»
93 Va
39
21'%
*45'%
'•
Libbey Owens Ford Glass
No par
Libby McNeill
&
Libby.—
7
Life Savers Corp..,
L
5
Liggett -& Myers Tobacco.com__-__25
l'/o
preferred i —i
100
Lily Tulip Cup Corp
No par
18
8% Mar 30
37% Apr
20% May 20
8% Nov
Lemer
14-
72% Apr
170
No par
Lehn & Fink Products.
53% Apr
.4'.
10
pfd
93 Va
39%
*4 Ya
x23%
50
1
preferred__No par
2nd
non-cum
Lehman
22
11% May 16
X24% Mar 30
May 23'
34% Jan
174% Mar
47% Jan
14
8%. Feb
May
12
■
1st
non-cum
,/A
94 Va
38%
■s
*10
10%
2,600
94 %
38%:.
21Vb
7%
Lehigh Valley RR—
Lehigh Valley Coal com
29%
29
29%
94%
4'A
7%
7
■
93 Va
49
51 Va
6%
I;'..;
-.
53%
387%
54
29
29 / ' •
>•■
38%
*
94 Va
53%
.
28%
29%?, ;
v
94 %
38%
18%
8
24
*12%
*65
98
Jan
3
130
98
Va
217B
*18
5% Jan
*96
.
4%
♦97
40% Jan
Jan
1% May 10
98
98
13%
'
4% July
Jan
96%
1,000
*21'%
18%
31
4
8%
1%
*19
4'A
97%
Mar 15
37
Jun
4% Mar
19'%
67
47
*18
1,000
*18%
*65
24
*42
1,800
19 Vb
19
*12%
*23%
Co com——.3
& Sons
12
13%
6%
•*96%
(James)
3.85%
41
11%
21%
21 YA
cumulative preferred—100
Lees
6
^ May 24'
11% Jan-10
15,300
41
12%
67
51 %
Lehigh Coal & Navigation Co—__10
Lehigh
Portland
Cement
25
98
44%
x43%
40%
*12
*65
*10
10%
Shares
45
12%
96%
:
for
the Week
44%
41V*
*12
Sales
share
40%
44%
18%
98
*45%
:
$ per
*12%
54 »A
*4
4%
21%
•
22
20
18
Apr
90% Jan
19
*96
•
94%
38%
6%
6:,i
6%
*4'
12%
18%
.
*21
41
12%
*12%,,; 13%
:'67A>>:/>,:.:;;*.65/
67
29%
29%:% 297%
38'%
53%
50%
43 '%
40Va
44
40%
Friday
May 27
X per share
$ per share
share
43%
13%
38%
54Va
51
50
Co——
98«.
94%
No par
Bryant;•common.....
4Y2V0 preferred
*96
94%
>
$ per
<
>
._
*93%
No par
(The)i—
.7
44
40%
12Vh
12%
18%.,: 19
38%
-A. 54%
*50%
'
Light
6%
Co
May 33
May 26
May 25
May 24
43%
40'%
,
Thursday
Tuesday 1
$ per share
98%
98
Co.—L—
Gas
Consolid
La
21
44%
41% ;
12% 4.
19%
*19,*
'
>>%'■'
share
per
43%
*40'A
12>A
<
—100-A
4%.;preferred
Lane
43
Jan•-4
I$
Par
Co common—>—1/
R)
46 =• May 18
26% Jan 19
24
Dec
39
26
May 17
6
7
Feb
37
47
Dec
90
7
V
$5 prior: preferred-,--——NO par
Koppers Co Inc.- common—.,*—10
4
Jan
<G
22% May
6
11% Jan 26
18
Jan
21
98
'
'■
31% Jan / 7
'
'
May 21
2nd preferred——100 ."
conv
Kinney
26.
51% May 18:
5
43
53% May
29% May
21%
'
4
May 13
4
17% Jan
14 Vs May
Oct
25Va
/Apr
39% May 19
55l/2 Jan 20
Jan t- 3
4% Jan
Mar
42
■
'* Jan
43
Apr
Dec
35
91
6Va May
Feb
4%
17
28% May 25
•
4%
5
67 ? May
v Mar 18
62
Jan
37%
>
7
11
May
/■:<>>: '
Kennecott Copper—..
No par
Kern County Land Co
5
Keystone Steel & Wire Co
No par
Kimberly-Clark Corp com—No par
7
:
HIGH BALK FRICKB
Wednesday
LOW AND
'
1
12
46'A Jan
12 Va
92
Monday /
21
(2329)
RECORD
Saturday
STOCK
YORK
-EXCHANGE
:
X per sh'are h A ,$ per share
42Yt
19
NEW
■
Lowest
Highest
,
STOCK
STOCKS
Ranee for Previous
Year 194#
CHRONICLE
FINANCIAL
YORK
NEW
Lowest
&
X per.
X per share
share
Shares
v.
V't-
M
x35% Dee
129
Oct
13%
Dec
30 Va Mar
Jan
40
Feb
142
27%
Dec
103 Va
10
Nov
15%
131
Jan
15% Jan
Apr
10
24% May
21
Dec
10
Dec
525
Apr
% Jan
450
7
Sep
Dec
13%
Jun
Dec
5%
10%
26
Jan
Feb
187/s Mar
6%
Dec
15
Feb
22%
Dec
92%
14%
Jun
25 % May
8
May
17%
Sep
29% May
13
3
-12 % May 23
Apr
25
6% Feb
7-,
20
500
,
20
Manati
Mandel
Bros
7
13
Corp
19 Vb Apr
-
Jan
.
7
Marine
Midland
Market
St
„__5
prior
Dec
103 %
Nov
22%
Apr
9% Feb
7
Apr
12
Dec
19%
Jan
10% Feb
11
13% Jan
7
.47%
Feb
69% July'
42
22
57'% Jan
7
Masonite
18
Dec
27%
Feb
45
Oct
Nov
176
Jan
Xl65
35% Mar
27% May
Va Jan
Ya Apr
103 Va Feb-14
5
12
Feb
(Glenn
16
7
Master
2
Mathieson
Feb
173'% Mar 14
7%
L)
Electric
Co
,,__1
84% Mar
93
Jun
89
Jan
4
94% Mar 22
$3.75 preferred
84
Feb
93
Jun
89
Jan
11
93% Mar 29
$3.75 cum pfd
77 Va
Aug
85
Jan
80
Feb
23.
83% May 25
$3.40
8%
Dec
12% May
Dec
43%
33 1
Jan
110
Apr
21
"Dec
25
Feb
88
Jan
101 %
Jun
29
Nov
42%
Jan
23% Mar
41
Jan
112
41 Va
7% Apr, 16
30110
May 25,
Jan
5
.
9 % Jan
7
35'% Jan
11
112
Mar 31
May
Dept
Co
1st
Jan
19% Mar 22
25
Jan
10
McCall
36 Va May
30% Mar 23
33V4 Feb
17
90
Jan
971% Mar
McCrory
3'%%
31
May 21
36 »/4 Mar 30
24
Feb
34
31
May.
4
24
9
Apr 21
No par
preference-
No par
18%
52% May
41'% Jan
55% May 14
Mclntyre
Porcupine
35 Va
May
30 % Jan / 4
34% Mar 10
McKesson
&
98%
Jun
92 % May
97
24%
Jun
19'% Feb
Feb
3
11
Jan
19
$4
22'/, Mar 80
Dec
24%
Jan
15
May 11
17'% Mar 11
McQuay
15
Dec
23 V2 May
14
May 24
17 Ve Jan
15
Mead
82
Jan
13
80% Mar
Jun
96 %
31%
Dec
46% May
20%
Dec
25
Jun
70'/« May 25
12
4Yo
28
Melville
Shoe
8% Apr
29
Mengel
Co
49
22
Dec
19% May
Dec
62% May
18% Jun
40 % May 16
Jan
8%
Nov
50% May
7»% Mar 21
85%
Nov
95%
13
Apr
20
Jan
15
8
May 19
8% Jan
Min
Merck
&
Co
Apr 28
30% May 23
3
94% May 17
35%
Dec
92
Nov
104% May
Nov
106%
1013A
13
Feb
38 Ya
Feb
44%
Jun
Dec
19% May
69 % May
Apr 29
33'% May 25
Dec
11
140
Jun
Nov
16
May
9'% Mar
14
July
42'%
Nov
56%
87
Nov
98
54'% Mar
78
98 "2
Oct
10% Mar
Apr
43'% Feb
Mar
May
104
Jan
10% May
10
7
21
4
2
5
Mar 11
106
May 12
14% Jan 15
page
Feb
16'% Feb
see
80
19
Mar 31
.26.,,
24-
25
3.20%
Minn
$4
conv
Min
2nd
39'%
39%
39'a
173
40'%
39
com
173
*171%
39 34
39 74
92
*91
92
91
92
*91
83%
83'%
83%
*82
7%
*31
83
83
*7%
307%
*110'%
110%
110'%
22
21%
217k
*21'A
32%
30
30
*110'%
110'%
110%
77%
700
31%
*30%
31'%
200
*110'%
110%
*110 vb
110'%
77«
*21 Ya
22
*21
22
32
32
97%
5 5'A
32%
*41
—50c
8'%
30
No par
*94'%
5
100
Nopar
3
com
series A
100
Nopar
Nopar
common
preferred...
1
100
25
96'%
55%
3 3'a
^21'%
20%
20'A
20%
15'A
*15'a
14%
14
14%
14
*70'%
71'%
70%
71
70'%
30%
30%
30
30
22
21%
22
*21%
9 "A
9'A
9'a
20'%
16
*15'%
•
*297%
.
9'a
•
-7%
22
*7'%
22
*21'a
32 YA
22'A
*132
*12'%
*8'%
*49'%
*93'%
*72'%
*104'%
11%
€9V4
18
22'A
133'A
96'%
108
207%
33%
2,500
*92
94'a
.
34%
400
2,500
70%
70'%
70%
317/%
*29%
30%
30
30
22'4
*21%
22 ■/■-
21%
2274
*70'%
9'%
9 Ya
9'a
41 'a
*39'%
41'a
80
14'a
1,800
14%
77 b;
14
29%
30'%
*94%
96 %
*94%
96'%
*94 v2
106'a
106%
106-%
106'%
22'A
21
21
21
20%
21
1.100
34%
34%
34
34
33%
33'%
1,300
*100'%
101
*106%
107
10
97«
22 'A
12'A
12'A
8%
,8%
42'%
21%
21%
132
132
12
12
8'%
8%
42
21%
*132
*100'%
%
9%
42%
107'%
21%
22
133%
*132
117%
11%
11%
8'%
8'a
•8>%
48%
48%
48'%
48%
49
93%
*937b
94'%
*94
73
73%
x73
73
*103'%
105
6,200
417%
93 3
105'%
2,900
42%
73%
*104 %
60
10'%
42 %
42%
49 '/2
105%
101
108%
10
94'%
*104%
*100'a
*107'%
10
*93'%
4
101
107%
10
x49
72
850
207%
9%
133'%
7,700
967%
107
33%
101
42
30
21 'a
107
42%
*132
29%
300
30
29%
961%
106 %
42'%
8
*7%
30'%
*34'%
80
400
2,100
2,900
9%
14
77%
*100(8
10%
71%
*39%
9%
*94%
*20%
1,200
15 Ya
108
10'A
20'%
14'a
101
87%
94'%
73
105'%
11'%
x33 Ya
94'%
29%
30%
12%
50
3,000
105'%
20 7%
34%
43%
53'%
14
14
*100'%
*42%
53'a
33%
53'%
15 Ya
41
30
800
1,700
14'a
40'a
*94%
720
30
*29
14
*13%
77%
4.300
15'a
16
14%
14%
8
31'%
300
20'a
41%
*7%
96'%
•
31%
10
.
20%
15'a
*41
8
33'a
*92
20%
*13%
*7%
53
20%
14%
35'A
10'A
94'%
41
100%
109
10'A
9'a
327%
14'%
*34%
*108
22
,
41
*99%
~
32'a
*92
94'%
„
*20%
Nopar
new
30
*92
14%
14%
*7%
3 2'a
94'%
15'A
30%
22'%
9'A
42'%
*14'%
3%
Nopar
10
.
*92
30'%
54%
,55%
32%
30
50
83%
"
.*30%
77%
7%
77%
307%
77%
32
83%
53'a
'
60
92
83
3,200
91
*91
5 4'a
preferred
ccnv
39
*171'%
173
30
—5
Minneapolis-Moline Co
$1.50
38%
/
39
39%
*29 »a
Mfg common
preferred
1st
38%
29%
&
$5.50
38'%
*171
*29'a
a-100
5
Regul
pfd
13'a
38%
173
30%
SS Marie—....No par
Minn-Honeywell
4,300
■>.
38'%
30'%
pf^.100
Minn
May
39'a
*13
*171
31%
Minneap & St Louis Ry
i;
1,800
*31
3.90%
12
77
127%
32
series—
25
52
127-'b
*95
Co
12
94% May 10
12%
32
new
12% Jan
&
127%
12%
95%
preferred
P
1,600
1,500
13
32'%
5u
Prod
St
43%
92%
71%
8%
Jan
43'%
31%
50
Midland
23
43%
95%
100
4
Feb
43%
32
—1
1
3
8'/b Mar 23
44/
31%
Petroleum,-—^
11
13
44
32%
14%
71%
30%
22
9'A
3,100
45'%
*81'%
110'%
-
9%
12'%
45
*91%
15'A
14%
23
May
139% Mar
'
9'%
12 vb
95'%
Scott
&
Edison
Steel
9%
12
31%
Copper
1st
101
'
9%
12
*91
*15
Mid-Continent
7
*100
12
92%
10
7
Jan
9%
300
101
,
12
94%
Nopar
47% Jan
130
ioo'a
9%
4,500
12'a
32
i
Miami
5
100'a
220
17;
21%
21'a
'too
5,200
7%
73%
*16%
92
20'A
8
40'% Feb
v
9%
7%
17
21%
700
*12
38%
173
100%
i
9%
21
*91
20%
——
preferred
*100
10
7%
*16%
*91%
*20
14% Jan
4.35%
21
92%
55
9% May 10
Metropolitan
17
20%
32
preferred;:—..No par
Machine
Mesta
7%
*16%
91%
94'%
110'A Feb
24
7%
7%
167%
100%
100
10,400
19%
91'%
33
102
69" May 24
For footnotes
2nd
conv
19'%
*91'%
-
55
4
66'% Jan
Jun
26
Mar 14
S4
19%
32'%
Co
com
Merritt-Chapman
19%
21
39%
*92
3
87
18'% July
38% Jan
20
19%
Va
9
16%
39%
*32%
97'% Jan
May
105'A
May 27
23% Jan
87%
1
95%
Inc.
Co
Transp
Inc
9'%
32
common
preferred
9%
9'a
95%
___5
106'% Jan
21'% May 25
128
107
S3.50
16
20%
7'a
100
7%
*15%
17
7%
1.400
7'%
-*7%
r.
*31'a
preferred...
Stores
&
Jan
20
Mercantile
87%
19%
9'a
20
7%
16
95%
series):..
(The)
1st
conv
38'A
*7%
*15%
31%
Corp.—
Merch
90
105'% May 25
Jun
5%
Xl3
7%
157%
21'%
46
*171
*7.7/4
157%
10,800
490
-
31'A
(2nd series)
pfd
20
27
27%
2nd
9
*19%
12'A
...Nopar
'.
.1
Co
Mfg
(1st
Jan
12%
Feb
pfd
34
22% Apr
13% Jan
11 Vb
17%
4YaYo
4
3
May
9%
20
"7'a
16
700
2,300
10 'a
*450
490
200
12%
10'%
10%
>->7/
1,300
11
12'%
127%
4,200
101%
*10'%
11
95%
common......
20% Jan
X30
47
Jun
Norris
Corp
*15"%
*450
7
7
10%
307 a
30 3 7
*100'%
31 Ya
Mines
Co.—
McLellan-Stores
7'a-
7%
490 =:
67 a
7
10'a
136
103a
107%
30%
102'%
31
Inc com—18
Robbins
preferred
15%
10%
400
No par
Publishing
Jan
3
32
*95%
McGraw Electric Co
Dec
•
12%
12%
*450
490
*6%.
16
45%
83
7%
33
*21%
1
100
com
preferred
McGraw-Hill
*10%
1,100
31%
317%
*132
I
Stores Corp
conv
97 b
*450
67%
12'%
40'%
92'%
92%
a
*100
13'%
*110'%
No par
Corp
7%
20 7
38'%
*81
77%
*31
•
..No par
Dec
29%
87
:
No par
;
*16%
173
*39%
*91'%
*91%
'
No par
common:
cum
13%
5
9'%
*19%
12'%
45%
*171
1947 series..No par
preferred
$6
:
common..
pfd..
cum
Maytag
$3
Stores
*7'A
*15%
10
38'%
100
1__
6%
17
21%
*12
45%
Corp___No par
490
*450
9%
10
*
No par
;
Chemical
preferred
Apr
May 17
10%
*99% 100%
'
—No par
:
47%
42
107%
12%
12'%
10"'%
20
7%
*21%
100
1
Ccr_,__—
Corp
42,.
15
38'% Feb
preferred
.
19'% Jan
12% May 25
34% Mar 23
170
4'% %
Martin
12'%
11'%
7
7%
Martin-Parry Corp
95
10%
30%
*100'%
10
127%
7%
*16%
com____No par
Co
&
11%
Jun
107%
30'%
102
10%
107%
1034
16
9%
*19'%
•
pfd.__100
Corp.—
Ry .6%
Field
Marshall
1
—6.25
1
9%
•
*6%
Oil Exploration..,..
Marathon
8
May 14
171/4 Jan 20
107b
12'%
490
*15%
Maracaibo
24
10%
93a a 10'a
:
32
136
30'%*100'%
10'A
32
*132
1037
11
31
102
13
*7%
5
10.
16% Mar 18
29
*450
..No par
—
29
10% Apr
21'% Jan
*132
11'A
11
1
Co
Shirt.
Manhattan
10%
*30'%
*1007=8
10'a
32
136
*31%'
32
*
Sugar
12
Mar
11
307%
•
.136
100'%
10%
107%
*127«
—
Mahoning
307%
100
101
107%
1
Co
(The)..,
Coal.RR Co——50
8% Jan
18
25
6V2 Jan
„
107%
11
«
317%
*132
10%
10%
11 }/a
*10%
32%
136
*132
31'%
31
—.1.10
Coppey
Magna vox
*317%
136
11
*100
Magma
3
Jan .12.
5
Inc
7% Jan
24
Mar 25
15% May 17
6'A Feb 10
19V8 Jan
lOr
,
32'%
*132
4 Ya Ve
22
Jan
100
(R
Macy
6.
Jan
19% Jan
22
Feb
.
v
*31.7%
11 YA
11
117%
HK Co Inc com...—No par
pfd series A___.1..—100
Madison
Square Garden.....No par
Trucks
Mack
10
-V 6
3
*lli/4
t
——LIU
com
preferred
6%
26
33% Jan
Feb
15%
Apr
100% Apr
Feb
Nov
138
29
10% May
30 Vb Apr
9%
6%
10
v'
,.
5
Working Co.
MacAndrewss&:Forbes
3:
95% Jan.-' 6
Jun
xl6%
490:
36 Va Jan
M & M. W«od
9
Jun
39% May
94%
14'% Mar
9% May 27
31 % Apr 30.
72'4
104
800
21%
217%
133%
132'%
1327%
20
12'a
12'a
12%
1,600
3%
*8 vb
8%
1,000
22
>
49
48'%
48'%
94%
93 7%
94
72%
72'a
72'%
104
*104
105
1,000
80
3,100
40
4,300
11'A
11%
10%
11%
11
11%
11'A'
11%
11'a
11%
70
*69 V4
70'A
69
c3%
69
69
69 'a
69%
69%
70
420
18
*18
18'A
17%
18
18
17%
17%
*17%
18
600
*17%
THE
(2330)
22
COMMERCIAL
NEW
Range Since Jan. 1
Highest
Year 1948
I per share
42%
73'/a
$ per
$ per share
42%
Jun
4
Feb
4
9% July
S per
share
Feb
x33 Vi
Dec
44
Jan
9
Feb
15'/a
Jun
9% Apr
25
45% Jan
May
103
Apr
107
Feb
11
10
; Jan
4
Oct
IIIV2 Jan
Mojud
12 %
13
Carpet
Dec
17% May
IO-Vb Jan
6
Jan
19% May 12
23
Jan
7
Morrell
21%
Dec
16% Feb
11
20% Jan
20
May 25
25 % Jan
Dec
23
May
15%
Dec
24
Jun
12
13%
Nov
16%
Oct
10% Apr
10
Dec
33%
Feb
45
107%
Jan
112
14%
Motor
Wheel
12%
Sep
17
Jan
11% Feb
Dec
43
Jun
30% Mar 22
Dec
55%
Jan
48
14% Mar
21%
Jun
11% Apr 29
v
50%
5
com____
Lines
5
11%
*20%
17%
*18%
11%
11%
1J %
11%
11%
211/4
20%
20%
20%
17%
17%
17%
17%
19
18 i,i
183/B
18 Va
18%
18
Murray Corp of America
4%
preferred...
Jan
8
Myers
7
Nssh-Kelvlnator
Jan
21
Nashville
Chatt &
Acme
(F E)
10%
10%
10%
10
42 Va
42%
42 V4
42
__
110
110
11% Jan
7
National
1,400
11 Va
11 Hi
*11 Va
11%
20
20
*20
18
20 Va
800
17%
17%
17 3 8
1.100
18
*17%
18
18
1,600
900
10
42 Hi
42 Hi
110%
18 %
*17%
18%
12%
12%
12%
2,200
11 %
11
11
4,800
10%
10
42 Hb
*17%
*9 Hi
*42%
110
109%
10%
42 Hi
600
42%
*9 Hi
10%
43'/a
1,400
111%
*110
110
160
12%
12%
12
12
12 %
12%
12%
12%
12 Va
1,900
37
*34%
37
36
36
*34%
36%
*34%
36'/a
*34%
36 Va
100
*47%
48
*47 %
48
48
*47%
48
*47 Va
48
*47%
48
121'
12%
*47%
12
8
Louis..
St
12
100
Co
12%
1
Fibres
8%
1
*10%
12%
12%
12
12%
12
24%
24 %
*24%
25
23 Hi
23Hi
24%
12 Va
24Hi
20
20
12
25
*24%
1
20
20 Va
*20
20%
20
20%
20 Vi
1
20 %
8 Ha
9
12
8%
8%
8%
8 Hi
8%
<
8%
8
12
23 Va
19%
20
190
'
1,000
8 Va
8%
%
5,600
12 Va
23%
3,300
9% Feb
11
10% Jan
3
National Aviation
Corp
5
12
12
11%
11H4
11 Ha
11%
*11%
12
*11%
12
37
Jan
25
National
Battery
Co
4
29%
29%
*29%
29 Hi
*29%
29 Hi
*29%
29%
*29%
29 Hi
*29%
29 Hi
100
30% Jan
3
35
May 18
National
Biscuit
10
34%
34%
34%
34%
34 Hi
34 Hi
"34%
34%
34%
7,800
170% Mar 15
178
Feb
Oct
5%
Nov
32%
Dec
48
Feb
9% May
13% Jan
32%
Oct
175%
Jun
9% May
Dec
10 % Mar
24% Mar
14%
Dec
5% Feb
13% Apr
National
Can
3
National
Cash
National
City
Container
Cylinder
Dairy
14
16% May 16
National
Department
7
19% Mar 30
National
Distillers
14 Va Feb
25
16% Jan
7
Feb
15
13% Feb
17% Feb
Nov
Dec
14%
Dec
15
Sep
20%
Jun
85
Oct
96% May
9% May 27
13% Feb
8
Jan
95
86% May 13
25% Apr 14
Jan
38
Jun
337/8 Jan
177
Jun
169% Jan
4
177% Feb
Nov
147%
Apr
135
4
148% Mar
Jan
7%
Dec
7%
Feb
5% Mar 10
6% Jan
6
Feb
24%
Jun
16% May 27
19% Jan
21
Dec
1
Jan
25
May
19% Jan
21
22
Oct
73% Apr
25%
Nov
81% Mar
Jan
July
114%
Nov
16%
Nov
25 y4
80 y4
Nov
94
21^
Nov
10%
Dec
9y»
Nov
12%
9
Nov
19%
Nov
19
Feb
104
35
Range for
Shares
22
28
23 % Mar 28
National
15% Feb
11
19 % May 16
National Supply
4%%
24
80 % May 27
86
21 y. Jan
4
277/a May
Jan
10% Jan
3
12% Apr
4
Natl
20
11% Apr
2
13% Mar 30
Natomas
3
14% Mar 17
Neisner
xl01% Jan
12
Jan
93% Jan
2
100
3
Nehl
27
31% Feb
Mar 28
29
May
99
Aug
38
Feb
64
12%
70
15
15 Hi
8 % Jan
13Hi
14%
133,4
14
13%
14
88 %
88 %
88%
88%
88 %
88%
14%
*28%
29
J (»
-
17
D
1 «
9
9
1G
76%
76%
75%
23
23%
22%
22%
17 Hi
*80 Hi
27%
11%
11
11
11
11
10 Hi
England
Elec
11
11
10
13%
13
103
*101%
103
*101%
31
30%
99
98
98
99
*98
LOW AND
System
1
Feb
34%
Oct
27% May 25
35
Apr
12
Newport News Ship & Dry Dock
43%
Jun
26% May 27
33% Jan
12
New
York
Air
7
New
York
Central
21
14% Jan
8
26% May
6
11% Mar
23%
Apr
10% Feb
11
20
27
Jun
20% Jan
5
Jan
61
Jun
48
Feb
14
59
Jan
255
Mar
225
Feb
10
250
Jun
Apr
Mar
6% May 26
9% Jan
Monday
Tuesday
May 21
May 23
May 24
9%
N
Y Chic & St
11 Hi*
preferred
Harlem
RR
Haven
Feb
25% May 24
33% Jan
Nov
96
Jun
91% Jan
4
96
Jan
19%
Oct
15% Feb
25
19% Apr
7
RR
81
Jan
88
Jun
86
20
Dec
25%
Jun
13%
16% May
Dec
17% July
23
Dec
36%
Jan
22
55
Feb
62%
Nov
50% Feb
25
Aug
28%
Jan
26
14% Mar
17%
Jun
15% Jan
13% May
9% Feb
Jan
7 %
3
90
Jan
21
Jan
10
May 25
14
Jan
3
May 27
28
Mar 24
10%
10%
10%
*67
68
68
68
30
27%
28 Hi
27%
28
6,100
27
27
26%
2 6 Hi
1,400
11%
%
11 %
11
70 Hi
71%
70
126%
126%
11%
11%
11%
27Va
*23%
27%
11%
72
%' 126%
59
*55
59
*53
59
*245
250
245
245
17%
7
North
Feb
1
Co
Western
Ry com
preferred
Aviation
Jun
81
Jan
85
18
Northern
Central
Ry
36%
Jun
31
Jan
36% Mar 17
Northern
Natural
Gas
27%
Jun
13% Feb
17% Jan
Northern
Pacific
90
Mar
84
10% May 13
28
Apr
107% Feb
Nov
17% Mar
8% Apr
27% May
40% Apr
Jan
Dec
7% May
.10% Mar
14%
./
7Hs
*89%
90Ha
17%
*17
7%
7 Hi
7%
7%
25
7 Vi
7Hi
25'
7%
7%
51%
21 Vi
100
18%
12.900
9%
9 Hi
7,800
9%
9%
S Va
9%
9%
9 Hi
*81%
33 %
*14%
25
*51 %
6,600
51%
9%
.
52
800
7%
*26%
9 Hi
25%
17%
24
SHi
19
*25
24 Va
22
18 Va
52
2,000
1.500
'
%
*81'/a
82%
*81%
o2 %
82
82
83
81%
33%
33 H8
33 Hi
33 Hb
33%
33%
33%
33%
33 H'b
3 3 Hi
14%
14%
14 Va
14 Va
14%.
14%
10%
80
81 Va
33 Hi
82
15
14Hb
14%
14%
14 Hi
10 Hi
10%
10%
10 %
10%
10%
1%
Ohio Edison Co
90 Va
17
18%
34%
33
*89
17%
2 6 Hi
1%
L
90
17
*81%
11.500
5,400
.
fMinn)—
common
Telegraph
Tire
*89
17%
18 Hi
24%
Inc
Rubber
Pharmacal
83
*17
26Hi
50
i Nor walk
600
18%
15%
Northwestern
40
17%
28%
10
preferred
Norwich
93 Va
*16HB
18Hb
15 Hi
4
93 Va
17
51%
23
11
93%
17
*26%
8%
Jan
93 Va
17%
18%
10
4% Jan
93%
*88Hi
25 %
*25
87%
36
92%
*16 Ha
26%
108%
12% Apr 23
93
17%
51 Hi
37 %
2
93
18%
108 Vi
1 % May 21
11% Mar
6
17%
*
17%
51%
No par
4.6%
1,700
26 Vi
*26 %
No par
2
3.20b
26%
26 %
51%
preferred
Feb
10
Hi
25%
26
20%
preferred
19
59
247
6%
18%
__No par
Northwest Airlines
*53
:'240
6%
51%
50
Common
7
59
*26 Va
$4.80
10% Jan
1,400
25%
247
19%
$3.60
14% May
2
33% Jsn 11
Jun
Feb
800
:•/
6%
26 Va
4
21
Nov
90
15
109%
1,500
12
*53
51%
19
9%
Co
Ry
7Hi
109% Mar 22
29
Dec
Oct
93
17%
18,800
V
69
126%
*240
6 Hi
25%
Hi
*24
*26%
1
Co
Northern States Pwr Co
8% Feb
Aug
26
25 Hi
*51%
100
93
Feb
Dec
*92 %
25 %
6%
7
26Hi
26%
6%
*23%
12
12
25 Va
10
16%
7 Hi
.
|
1
127'/a
Va
*25
23
23
Co
82% Mar
7
7 Hi
4
25%
7
11 Hi
126
Corp—-
Corp
American
27%
250
89
11% Jan
*23 Va
26%
68 Hi
70
127 Va
11 Va
11
11%
*69
11%
*54
*17
&
11%
12
*245
*88%
American
*24%
70
128
59
Industries
Adjustment
11 Hi
11
11 Hi
69
128
250
17%
North
126%
•
10 Hi
11%
70%
127H4
*55
preferred
Norfolk
Va
28 %
89
10
*67
27 %
*88
28
10 Hi
68%
Hi
*17
20
10%
*67
27%
100
19% Apr
1,000
5,000
7,300
10%
68%
11 Ha
68 %
£.50
28% Jan
46 Va
10%
10 Hi
*67
93
59% Jan
24
Mar
97%
47%
17%
Chemical
96 Va
97 %
*46%
10 H'b
*92 %
Electric
*
*96%
*17%
Nopco
Shares
46 %
9%
47%
State
Noma
the Week
9%
97 %
3.90% pfd__100
Shipbldg Corp partic stock___l
$3.75
9%
9%
share
9 Hi
$ per share
*96%
271/4
Noblltt-Sparks
9%
9 Hi
Bales for
t per
*46 Hi
*27%
Gas
May '»«
1 per share
share
Friday
May 27
Thursday
May 25
27
11%
N Y Power & Light
14
4
Jan
Wednesday
*245
A
12U
47 Va
100
&
98 Vi
50
series
Elec
98
97%
7 %
Y
99
800
1,600
47 Va
N Y
22
Feb
99
No par
Co
& Hart
5%
31
*95%
7%
Preferred
30%
47 %
Co_100
21
86
39% July
31
97%
N
20%
31
27 Ha
*24%
non-cum
103
29
No par
&
*101 Va
28%
York
Y
103
*101 Va
27'%
*11%
$5
13
27%
No par
N Y New
*12%
2 9 Hi
City Omnibus Corp
N
800
13
29
New
9
2,100
11%
10 Hi
27%
N Y
21
11%
10%
*10%
X13
28
126
23
11
10%
10 Hi
13%
Hi
29%
*71
common
600
28
100
Dock
11 Va
350
1,500
47%
68%
_10o
com
11
29%
No par
Co
9%
lOHi
*95%
11 %
*67
No par
Louis
9 Ha
11
97%
preferred series A
67*
9%
27%
47'%
47%
1
I per share
9 Hi
*95'
S per
81
27
HIGH SALE PRICES
Saturday
I per share
17%
80 Vi
*10"%
31
*98
18%
27
27
103
30%
700
81 Hi
18%
*81
11
10 Hi
Nov
21
*10 Hi
Hi
*10%
18%
27
10 %
STOCK
Brake
*22
81%
26%
13%
31
Jan
5,500
18
81
13
20%
Jan
'18%
17%
27
11%
10
13% Jan
700
11
27
81
22'/a
13
13% Jan
140
22 Va
11 %
72% Jan
24
22%
10%
25
24
22
13 %
Apr 30
68% Feb
2,200
2,300
11
9% Feb
10% Feb
%
80 Hi
99
"
76 Hi
18%
*98
1,200
21
11%
100
1,300
76 Va
*13
!
50
6%
16%
145%
76%
27
30%
145 %
6%
16%
Va
6'/a
17
76%
81%
30 Hi
145
6 Va
17
76'%
18
30%
190
20 Va
27
30%
7,400
%
*81
common.No par
29
174
19%
18%
:'101%
28%
*172%
22
76
103
100
29
us
27
*101%
4,300
19%
81 %
100
14
89
*88
)*«
*11 y8
preferred
800
9%.
19%
inu
*19
19%
*10%
1
13%
700
-
8,500
173
*145
6
No par
common
9%
.
-
7 5 Hi
19 %
*19
9%
-10%
28 Hi
17
*11
1
65
124% Mar 29
.
A-
m
19%
23
18%
6
17 %
18
■
172 Vi
28'%
17
6%
...
*26%
10
90%
July
146
*6
*81
100
Nov
18% July
*145
146
*145
76 %
*22%
Dec
Jun
174
19%
No par
lo
28%
*171Hi
8 Va
17 Hi
%
.
*19
28 Hi
173%
•
17 Hi
*6
17%
76%
Co
145
6
23
Pa com
145
23 %
173%
28Ha
174
*
No par
28 %
173%
146
6
17%
No par
*88
173%
*145
1
14%
89
173 %
Par
New
6,300
14%
14%
*88
EXCHANGE
10% May 17
1.7 HB
89
$ per share
3
17%
17 Hi
*9%
10
Co
YORK
1,200
9%
No par
NEW
15 Hi
17%
Corp
Inc
*15%
15%
*9%
Jersey Pr & Lt Co 4% pfd__100
Mining Corp
10
Newport Industries common
1
4%%
preferred-.
i
.100
14%
*153/a
17 Hi
Newmont
6% Mar
15 Hi
31 Va
9%
New
Mar
15%
10 Ha
30%
17H.i
2
July
15%
10,700
5%
5 Hi
5 Hi
9%
8
92
15%.
2,600
10 Hi
17 Ha
59% Jan
144
15 Hi
2,300
7%
31
9%
97% Feb
Feb
30%
17%
22
Dec
*10%
30 Hi
5%
9%
94 ■% Mar 21
Feb
10%
30 %
17 Hi
44 % Apr
39
5%
10 %
30 Hi
18
July
26% May
121
5 Hi
lOHi
30 Hi
1,500
6
31 Va
7 Vi
10
1
ex-dist
Newberry Co (J J)
3%% preferred
2
5%
*10%
170
31 %
31%
7
5%
500
178
5 Hi
6
7
7
17%
.100
Fibre
5 Hi
6
31%
31%
■a
*9%
Cast-No par
(The)
5 Hi
5 Hi
x67/a
12.50
Corp
Co
Highest
t per share
Jan
90% Mar
*15%
i
31%
7
2,100
10
10
*176
176
10%
STOCKS
Lowest
ihare
12%
31
Co
Bros
4%%
Range Since Jan. 1
ver
30 Ha
5
Corp
Previous
$
*10'/4
7
176
No par
Corp
Vulcanized
28
Jan
Lt
&
Tea
v Feb
103
5%
10%
31
preferred-.
National
5
9% Jan
9% Jan
5%
10%
j...No par
Sugar Ref
Highest
Nov
Power
Steel
Year 1948
Lowest
# per share
Natl
7%
30%
...
National
8
5%
7
1
stores
Steel
National
13
5 Hi
31%
1
Service
&
4
Jan
98%
Linen
Malleable
7
May
Feb
Nati
21% Feb
Jan
x27% Mar
preferred B
National
10
Jan
5 Hi
31%
100
Jan
May
5 Hi
32%
common
il Jan
Jan
5%
31 H's
7%
No par
Prod
91% Jan
% Mar
30% May
15% May
5%
4
175
175
175
32 %
preferred A
6%
9
5%
15%
175
5%
Co
...
3
175
.7%
Enameling & Stamping
National Gypsum Co com
21
Oct
175
34 H
10 Va
10
10%
34 Hi
35
*31%
Co
Gas
Products
$4.50 preferred
National Lead Co
175
10
10 %
*10%
10%
12
1
Nat
31% May
10 Va
12
10
National
12
10
175
10%
No par
Inc
National
24
17%
Corp
Register
Lines
National
8
10% Feb
27 Va Feb
12%
—100
4
Aug
May
22% May
common
11
9% Jan
5% May 10
21
Co
Inc
preferred
Jan
35
2
Jun
14%
1%
7% Mar 11
8
6% Mar
27
Jan
7% Mar 29
7
30% Feb
Jun
32
3%
1,500
11,900
29% May 16
July
26%
33%
11 Hi
51%
17Va Mar
162ya
8%
300
11%
50%
No par
Automotive
4
16
111
11%
52 %
45
Nov
Mar
103%
10%
%
110
*109%
200
107
12 %
*109%
110
*103%
107
900
*34%
Airlines
78
7,000
•
National
8
50%
lo
Corp
4
.
50%
50
com
& Bros
9% Apr
14%
100
50%
18 Va
*10%
*109%
23%
11 Hi
17%
*41 %
_100
*23%
51 Hi
.
20%
17'/4
1
common
23 Va
11%
2iy4
17%
5
C)
3
49%
11%
21
11%
Inc
(G
preferred
9 Hi
11%
51%
17%
Jan
200
11%
50 •'
10 Hi
5
12%
11%
51 Hi
13
10% May
13% July
8
11%
50%
17%
Sep
87
11 Hi
52H4
18%
500
*9 Hi
109% 109%
111
11%
51 %
18"
8,800
9%
*103 Hi
12
National
100
104
*109%
109%
6,700
4,100
50%
50%
10 Ha
11
12%
50
13
23% Apr
20
50%
103 %
3,200
V
x9Hi
23
104
45Hi
*23%
23
105
22
'26%
*26
9%
11
3
19$
26%
,
24
*104
111
*9%
13
Jan
130
26
*25%
9 Hi
10%
19
29%
26
25%
:
18%
23% Jan
162
21%
13%
Sep
9%
20%
18%
Jan
6
21%
20%
10%
32%
Feb
21 Hi
21%
13
29
9%
4 Va
18»/8
Dec
8%
4Va
11 Va
18
29
4 %
12
No par
N
4%
4 Va
53%
53
No par
May 24
28
4%
.
13%
Feb
13
4
4%
50
105
*109%
8 Va
11%
Murphy Co.
6
111
*11%
45Hi
8 Hi
*23
50%
105
45 Va
8%
9%
24
50
45%
83/a
■'-4
9%
*23%
106
*309
9%
45%
8%
18 y3
Munslngwear
4%%
9%
*105
No par
Co
20
.
25 Hi
*50%
Co
15% Jan
Mar 18
26
x25%
24
51
'
27
Shares
share
44 %
8%
*13'/a
7
13% Jan
.
27
20
*23%
36
11
the Week
46%
5
Jan
42"% May 27
112V2 Mar 17
34
20%
S per
$ per share
$ per share
share
1
Mig
11
for
Sales
:fc%
•
Hill
Brass
Muillns
3
May 27
45%
46 34
Co
Mueller
17
Friday
May 36
May 25
Corp
8
Jan
60
22%
Corp
Corp
7
May 17
109
Jun
21 %
Products
7
38% Feb
10
Oct
May
.'
21%
9%
&
Motor
17% Jan
21
21%
Inc
14% Jan
May 25
4%
3
(John)
19% Mar 30
17% May 25
4'%
1.25
Moore-McCormack
27
19
4%
Montgomery Ward & Co
Jan
18
4%
100
A
conv
Nov
29% May
8%
Inc__
Chemical
11%
Jan
46 Hi
8:4
Tool______No par
10
20%
t per
47%
8%
Mills__
Co
Machine
Motorola
$ per share
*46%
No par
com__
series
20
3
Thursday
Wednesday
May 21
5
pld series A___..No par
$1 conv pfd series B__
No par
Montana-Dakota Utilities Co
5
May 16
13% Apr
RR
Hosiery
•$3.25
59% Mar 29
50% May 24
May
8
8
61% May
10%
Mohawk
20
Feb
Nov
PRICES
HIGH SALE
AND
Tuesday
May 23
___10
preferred
Monsanco
45Vi
65
Jan
7%
55% Mar 30
4
112%
Mo-Kan-Texas
111% Mar 29
21% Jan
Dec
7
4
July
9%
Development Co
11% Jan
Monday
$ per share
Par
,
Corp
Mission
Monarch
29 '4
47% Mar
:.Tv';
Mission
24*% May 16
Dec
Saturday
May 21
5
Jan
Monday, May 30, 1949
RECORD
LOW
STOCK
6
35
25% May 24
22 Va
105% Mar
share
25% Mar 30
30
July
122
CHRONICLE
'
6
May 24
15% Feb
34
YORK
9% May
2
Feb
99 % Dec
STOCK
EXCHANGE
541/2 Jan
11
7% Mar
13 Vi
NEW
Lowest
Higheat
Feb
YORK
FINANCIAL
STOCKS
Range for Previous
Lowest
&
No par
Co
12
2.50
a
88
10%
88
15 Hi
*34
1%
12
*12
87 %
87%
87 %
108%
108%
108%
8%
8%
8%
16
15 Hi
15%
15Hi
15%
34%
108 V
108%
9
87%
*
34%
34 %
34Hi
3434
1%
"1%
1%
2
12
32
22
12
12
12%
108 %
9
1%
12
10%
10%
.10%
88 Va
88 Va
*88
*108 %
108%
8 Hi
9 Va
15 Hi
15%
15%
15%
34 Hi
*33%
34%
10%
*34
170
108%
9
9
2
2
2
*ll3i
17,200
88%
108 %
2
12%
12%
50
2.000
2,000
90
2,600
,
600
12%
O
26%
Dec
92%
Jan
26%
Feb
.16%
22%
92
:
Apr
Feb
Mar
6% Dec
88
S*%
Dec
20
Jan
27
;Jan
Jun
27% Jan
3
103
Jun
99% Jan
3
43
Jun
18%
-
24% May 27
36% July
23
81
4,
Jan
16
,
90% Jan
8%
20
Mar 28
22% Jan
Oppenheim
Feb
7
32% Mar 30
Otis
Jan
15
157% May 24
Nov
23
Dec
89
Feb
47%
Dec
73%
Jan
15% May
148
Apr
12
6%
43% May
For footnote*
itt
page
pfd___20
preferred
2GH4
26 %
18
19
25%
18
'
23%
23%
:
;
23%
A
10o
*93%
6
7%
•
*31%
32
23%
25%
18%
94
'7%
*93%
*82
83
*20
100
21.
%/
7'
23
23 Hi
*93 %
94
83
7%
83
*20%
:
21
94
7
'.
82%
./
25 Va
26Va
18
18
18
18
23H«
23%
24%
92 Va
93 Va
*92%
6%
7%
82
*20%
32
104%
26
23 Ha
25%
*18
18
1%
104 %
25%
104
-
103%/ 103%
'
10
common
16% Jan
24
Outboard
Apr
19
79
Jan
28
Outlet
49% Jan
3
58% Jan
24
Owens-Illinois
11% Mar 29
8% Apr
66
Jan
16
7
36% May 12
26.
14
Nopar
preferred
May 23
x66 %
May
73
*
No par
Collins
Elevator
'
15
104 %
•
104%
7
«■
*81%
82%
-
*19Hi
7%
94
7%
82 Va
82
21
20 Va
20 Va
30%
29%
30 %
29%
30
157 %
*156%
158%
156%
21
*31%
-31%
104Hi
104 Hi
24%
25%
15,300
18 »i
18 Vi
600
.
23%
*92 %
7%
83
*19%
"
Jan
.
4%
common
convertible
29.
80.
Elec
convertible preferred
Omnibus Corp (The) common
Jun
15%
&
"4%%
Jun
Jan
32%
104%
26%
No par
.
Gas
Corp
*31 Hi
*303%
'
'
Jan
8
Oliver
32%
104%
*31 Hi
a
100
Co
37%
154
'
Feb
11
99 5
Oil
Oklahoma
31% Jan
May 24
6% Feb
Ohio
7
common
preferred
23
Nov
11% Feb
8% Dec
4.40%
19% Mar
8
92% May 25
Jan
144%
60% Sep
34% Feb
33% Jan
17% Jai,
Jan
*109% July
12% Apr
100
May 18
104% Mar 25
100
Marine
&
Mfg
Co
Glass
Co
Jan
7
Pacific
Araer
Fisheries
10% Jan
18
Pacific
Coast
Co
71
40
Apr
Jan
4
17
1st
2nd
__2.50
No par
preferred
preferred
Inc
common
non-cum
non-cum
12.50
_§
■!'
30%
*156
:
13%
*67
•*54%
*12
30%
157%
13%
09
55%
12%
10
9
9
No par
*65
68
No par
*36%
37
30%
157 %
*156
12%
12
69
*67
54
30%
H«
*12 %
\*8%
*65
*36%
54%
12%
9%
68
37
30
157 %
158%
12
12%
12
12
*12
12%
*07
68%
69
69
*67
70
54
54 Va
54%
54 Va
12 Vb
*8 He
*65
*36%
12 Vi
9
12 Va
*8%
12%
9
54%
*12
'
*8%
54%
12%
9%
.29%
157
12%
*67
54%
*12
23:%
100
....
GO
.
4,200
240
94
7%
4,000
490
83
100
21
.29%
7,000
158%.
10
12%
900
10
74
54 Hi
3.100
400
12%
9
70
9
*65
68
'
68
37
*65
36%
68
37
*65
36%
68
36%
36 Vi
36%
30
Volume
f>
169
Number 4807
V-
••
v.
...
•'
•
.
•
''HE
•
'V4,.
V,
COMMERCIAL
&
FINANCIAL
-v./:'
••••'.
•
••«•
;
CHRONICLE
...
r*
.
•
.
«
-
:•
...
(2331)
..
23
•
.
!
-
H
NEW
Range for Previous
,
Range Since Jan. 1
Highest
Sper share
15% Mar
21%
V
S per share
29%
Nov
47% Mar
29 Va
89
Dec
3%
39%
50 Va
29
44% July
Jun
147
Dec
Mar
6%
Nov
Feb
Feb
24
21
Jan
54
7
5
3
6
Pacific
Lighting
Pacific
Mills
14
Jan
34
3
Feb
Jan
3
Pacific Finance Corp of Calif
Pacific Gas & Electric
Apr
Feb
21
96% Mar 28
143
4% Jan
May 23
8%
32% Feb
25
43% Jan
10
5% May
3% Feb
11
4% Jan
5
Packard
Nov
11% May
3
10% Apr
5
Pan
Pan-American
13% Mar
21%
Jan
16
Jun
12% Feb
8
Jan
3
46
Feb
66
Oct
49% Jan
5
59 % Apr
14
92
Oct
100
May
97% Mar 12
102 % Jan
27
16
6%
Feb
11%
18%
Dec
97
Jan
18%
Jun
6% Feb
28
May
16% Apr
16
8% Apr
20
Jan
105
Jun
102% Feb
8
104% Jan
8
24% Feb
3
Feb
26% May
19% Mar
61
40
19% Apr
34i% Feb
2
Mar
May
23%
Dec
3% May
33% Jan
24%
Nov
30%
6'A Mar
10
21
25
Jan
1% Feb
24% Jan
3
2
26% Jan
6% Apr
20 f
2% Feb
Feb
16%
4
19% Jan 10
30% Apr
8
47% May 27
Dec
37
Jan
27% Jan
31
38%
Feb
49% Jun
42% Jan
3
9%
Dec
15%
Jan
15%
Feb
21%
Nov
Dec
34% May
109%
Oct
16%
Dec
16'/a
35%
112
Jan
20 %
Dec
,8
Mar 25
17% Feb
26
7
17 Va Jan
22% May
10% Feb
15
4
Mar 22
Dec
48
103
Feb
120
Apr
104
28
Dec
45%
Jan
29
Jan
3
86%
Feb
99
Oct
96% Feb
9
8% Feb
28
8% Jan
9%
Nov
7%
NOV
22
24 y8
Feb
14%
Feb
48%
Dec
May
20% May
64% July
59
July
*
55
May
93
Dec
20%
Deo
22
Nov
25%
Sep
104
Jan
115%
Jun
91
21
102
37,
36,
108
104% May
247/a Jun
103%
Jun
98
Sep
111
Jun
6
105
Jan
7
14
Jan
21% Nov
28
Jan
45% July
Apr
8
ll7/a May 19
25% May 2
81
Sep
91
83
July
Apr
Dec
37% Jan
4
Jun
93% Jan
3
Oct
88
Jan
6
10% Feb
10
12% May 14
92% Aug
77'%
10
Dec
14% May
13%
Sep
51% Feb
9
t per share
Dec
34%
Feb
90
Feb
11
4
64
Apr
28
11
Mar 30
I per share
Jan
103 %
Jan
Jun
113
19
Dec
15%
80%
Dec
26
Mar
12%
Feb
Dec
Jan
July
36% July
80
Feb
169
Dec
39
Nov
10
Jan
10%
Feb
20
Jun
170
Feb
96
Dec
82% May
15
Feb
145
Jan
26%
Dec
9% May
26%
161
Apr
7
76% May 26
64
Oct
139
Jan
12% July
36% Feb
46
32
Dec
16% May
14% July
11% May
62%
Feb
18
Feb
81
Mar
32%
Jan
20
Dec
Jun
170
7
15% Jan
7
175
88
May 18
Jan
24
71% Jan 27
21% Jan
24
Feb
1
Apr
4
10% Apr
50% Apr
3
17 Va
17 Va
Mines
21%
21%
21%
21%
*19%
21
21
21
*19
1
*39%
41
41
19
39
Apr
18
5
Coal
1
1%
i7/8
No par
28%
28%
,
.
18
Feb
2
Coke
&
6%
5
12%
12%
12%
12%
12'A
12%
12%
5
6%
67/a
*6%
6%
6%
6%
6%
*16%
10
preferred
*8%
16%
16%
$6 preferred
Electric Co
Phila
107%
*106%
107%
19%
15'A
19 "A
19 Va
19%
19 Va
19'A
*35%
,
*106
-
15
15 Va
*35%
*106
*8
104%
•
*8
9%
10%
10%
No par
23%
23%
—100
*104%
105%
*104'%
Jan
11 Va
11%
11%
11%
No par
3
5
10%
24
107
July
Jan
26 Va Mar
6
5
Apr
30
32 % Apr
4
108% May 23
29% May
9
to
2,800
24%
*6%
Dec
25% May
16% May 27
77/a
Feb
11
63%
Feb
Oct
7% Jan
3
89
Nov
92% Jan
4
25%
Dec
22%
Feb
25% May 27
22% May 27
29% May
4
14
31
Jan
16%
Feb
36%
Feb
31
Feb
31 Va May 20
10 % Jan
12'A
12%
1,900
6%
6%
6%
800
100
105
*104%
105'A
104
105
500
9%
10 «A
*8
10
10%
10%
23%
*23%
*8
10%
9%
10 %
10
24
*23%
*104%
105%
"104%
105 Va
*104'/a
105'A
11%
11%
11%
11%
11%
•105
11%
23%
25
111%
112
120
111%
112%
112%
112 %
*99 Va
101%
*99'A
101%
*100
108'/a
*107%
108 Va
•107 Va
108 Va
13 r
27%
*99%
*108
13%
12%
13%
12%
13%
13%
13 Va
27%
27%
27
27%
•27%
28
27%
27%
83
83
*83
83%
41
41%
83%
41%
41%
*95 %
*91
83
83
41%
98
41%
*95%
93
*91
-
12%
,12
39 %
"
*87%
98
*95 Va
93
*91
93
27 Va
12%
10
*8%
May 24.
$ per share
27%
*27
*103
103%
*103
104 Va
103
*100%
110
*100'A
110
*100%
110
12%
28%
27%
13
,12%
12%
.
84
12%
*80
*100%
X26%
12%
149
*144
149
165
*161
165
29%
*170
77%
*65
7 78
30
30%
7%
190
7%
7%
7%
*7%
*10%
11
107/a
10%
10%
10 Va
*170
180
*170
180
77%
77%
*76
77
65
77 %
66
*170
*76%
65
*64
66
*16%
17 %
*16%
17%
*16
17%
*137%
143 Va
*137%
143%
22
1
*10%
43%
*35
*137%
22
21%
22
10%
10%
10%
*10%
43%
42%
21
143%
21
43 %
42%
43
36 Va
35
35
*11
11%
11
13
13
5
5%
11
11
12%
13
5%
5%
preferred series A—50
*22 %
22%
No par
*64%
65
64%
64%
5
*15%
16
15%
15%
*15%
12%
5'%
*22
5%;
22%
21
20%
20%
19%
10%
10%
10%
*10%
11%
11
11
13%
13%
13%
5%
5%
5Va
64%
16
5
*11
22
■
22
22%
22%
63%
63%
63%
63%
63%
*15%
16%
*90
91
41
22%
22%
22%
27%
27%
27%
27%
27%
33%
33%
32%
15%
33
27
27%
26%
*108%
28%
28%
28%
109
22%
5%
22%
63%
15%
*15%
16
90%
*89
91
41%
41%
41
;
27%
33%
*22
x89 %
41%
33%
27%
10%
13%
64
108%
20 Vs
5%
22
27%
143
13%
22
108%
*137%
11
42
*17%
143 %
13 -v
90%
Quaker State Oil Refining Corp_10
*137%
11
41%
29
*10%
143%
17%
13 Va
90%
*28%
*137%
64
•
11%
42%
Nopar
*16
76%
*63%
16%
42%
90%
28%
64
*16
34
41%
109
*63%
16%
42%
90 VA
27%
10%
175
76%
33
22%
*108
*170
76%
43%
90%
22%
10%
175
34
42%
?
1,900
2,500
43%
22%
27%
10%
7,500
7%
33%
42%
33%
10%
76%
22%
22%
41%
22%
x217/«
22%
28
27%
x27Va
27%
•33%
33%
32%
27%
26%
27%
26%
♦108%
109%
*108%
109%
*28%
28%
*28%
28%
*108
33
27%
109%
18
28%
18
3
Radio Corp of America com__No par
$3.50
May
Jan
7
19
May 10
11% Jan 14
Dec
8%
52
Dec
Dec
Dec
78 Va
Dec
10%
Dec
6%
Feb
28%
28%
11%
11%
11%
11%
*69
69%
68%
69
8%
8
8V3
8
*94%
96%
*95%
96%
*94
26%
26%
*25%
26%
*19%
50
*39
41
common
4%
•
non-cum
4%
non-cum
Real
1
1st preferred
2nd preferred
Silk
Hosiery Mills com
preferred
50
22%
22%
30
30
31%
22%
20
y
5
11%
100
■no A
*18%
19%
50c
12%
12%
*5%
Reeves
Bros
Inc
22%
L
39%
*31%
11%
11
112
*110 A
*18%
12
preferred
Motors
Inc
'19%
7
*52%
8%
6
20%
7%
53
8%
5%
'
22%
22%
29%
29%
*19%
20
39%
*38 %
40%
32
*31%
32
11
*11 Va
112
*110 A
19%
19
12'/a
*12%
*19%
7
*52%
8%
5%
5%
'
20%
7
*52%
8%
76
76
*76 %
7
7
6%
8%
77
1
7
1
5%
6
5%
3%
3%
3%
8%
8%
8%
8%
6%
3%
10
*75
6
50c
*19%
*7
53
25
__.
25%
20
(Robt) 8c Co—
div
8
96%
25%
30
*29%
31%
No par
7%
Reed Roller Bit Co
Republic Aviation Corp
Pictures common—
$1 convertible preferred—
page 26.
■
20
Republic
see
11%
69%
7%
50
Co
$4.50
Nov
For footnotes
11 Va
69
25
Reo
2% Dec
5%
No par
Reading
$1.25
Dec
8%
preferred
Rayonler Inc common—
$2
preferred
Reis
8
17%
1st
Radio-Keith-Orpheum Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
—No par
To
29%
7%
7%
35
90'A
27%
149
163
700
29%
43
No par
33%
*144
*161
30
64%
42%
_No par
Nopar
12%
149
*170
77
12 3A
*34
Colorado—20
com—No par
10%
110
1110
161%
7%
180
103
*12
*16
20%
10%
*35
1
*144
7%
*100%
64
36%
10
<
29%
102 Va
12%
161%
30
10%
100
3,000
; 400
*144
*7%
Nopar
10
27
*161
5
common
80
27
165
5
preferred
Purity Bakeries Corp
*79
27
*12%
*161
No par
conv
80
27
12%
165
No par
Inc
*79
27
*161
30%
400
*11%
149
30%
Shares
12%
*144
31
27%
*11%
149
*20%
27%
110
*144
lo
com
28
*100%
12
12'A
Bales fer
the Week
110
80
27%
Friday
S per share
104%
11%
12%
9%
May 27
May 26
*27
500
10,900
*103
80
27%
*8%
S per share
27%
12%
12%
9%
56
103
84
27%
55%
Thursday
May 25
12 Va
*87% 89%
57%
'•8%
I per share
103%
*11%
89%
56
LOW AND HIGH •ALR PRICES
Tuesday
Wednesday
*103
*12%
..
9%
*80
93
93
*11%
*87%
..
*8%
27 %
*91
*91
12%
57%
27%
3,600
98
89%
55%
.27%
170
41
*11%
56%
$ per share
84
*95'A
*87%
56
,
83
40%
98
12
11
May 23
6,700
6,600
41
41
89%
57'A
Mondav
■-■i
*95'A
*8%
% per share
13
98
56
11
~90
13%
28'A
*82'A
98
93
27 %
790
101%
108 Va
May 21
preferred
x24%
108 Va
57 Va
com
25%
101%
Saturday
Procter & Gamble
25%
7,900
1,700
112%
57 Va
*8'A
Nopar
180
23 Va
108
*87%
com
97%
X23 Va
101%
*12..
Co
*97%
23%
108
12'/a
Pond Creek Pocahontas
97
23%
*99 VA
39 %
Plymouth Oil Co
97
23%
100%
41%
Plough Inc
51%
97
23%
108
41%
100
51 %
51%
97
23%
25%
*95'A
preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh 8c West Virginia
100
Pittsburgh Young 8c Ash pfd
100
Pitts ton Co (The)
1
51
51%
97%
*97
25 Va
.5
IGo
2,400
2,200
11,100
39% V
25 Va
13%
100
24%
43%
f
39 Va
*25
83%
25
1,400
39%
51%
*112
28%
STOCK
class B
11%
25 Va
12%
12
200
105 %•
112%
28'A
*91
43,000
24
112'A
*87%
preferred
(The)
10
9%
112%
*82'A
5
div preference
*8
23%
24
51%
5%
5%
36
51%
10o:
Pittsburgh Plate Glass Co
Pittsburgh Screw 8c Bolt
Pittsburgh Steel Co com
7% preferred class B
Oil
36
24 Va
Pittsburgh Forgings Co
1
Chic Ry corn—100
$1.40
36'A
43%
Pitts Ft Wayne 8c
Pure
*35%
24%
No par
30
36
43%
*99%
900
*35%
"103 Va
39%
*107%
17,500
■■
36
24%
100
common
105
104
43%
25
100
6,800
15%
39
*112
6,600
35
44
12%
Pullman
15
24%
25%
;
19%
s
*104%
24%
*25%
T
107%
35
•
*38%
Nopar
of
35
105%
X42%
84
cum
15%
%
39%
*12%
$4.75
104
24%
100
Inc
15
X35
107
44%
1
com
Industries
15%
36%
*35%
"105%
39
*80
*27%
Publlcker
19 Va
24%
convertible preferred—No par
Pitts Consolidation Coal Co
1
conv
19%
43%
$5
4Va%
19%
40'/a
3
common
Power
*106%
45
Nopar
Electric
107%
24%
com__No par
Co
*106%
39%
100
preferred
8s
15
107%
19 Va
19
20%
26%
20%
24%
23%
Pressed Steel Car Co Inc
*8%
•
♦26
11%
.
97
Reading Coal 8s Iron
Corp common
preferred series A
gtd
•
44%
Par
7%
"106%
36
9%
51%
Coke 8c Chem Co
'-..V
27
40%
23%
preferred
3.60% series preferred
Pitts
9
21%
*26
45
51
8s
$4
*8%
x21
27
24%
97
Pillsbury Mills Inc
9
20%
40 Va
23'A
YORK
15 Va
16%
prior preference
10
Reliable Stores Corp
No par
Reliance Mfg Co common
5
Conv pfd 3%% series
100
Remington-Rand common
50c
105
Dec
24
19% May 10
x373A Feb 15
,
11%
Feb
200
12%
24%
44%
51%
4%
687/8 May 27
6%
20Va Jan
300
7
Q
17%
700
300
2,600
28%
28%
7
13,700
1%
♦24
24%
1
97'A
Phillips Jones Corp
5% preferred
Phillips Petroleum
Phoenix Hosiery
20%
106
*23%
:
23'A
Philip Morris 8c Co Ltd
28% Feb 21
37
'
1%
25
$1 conv preference com——No par
preferred—
100 3.8% preferred
100
4.3% preferred
100;
90 % Mar 17
25
12%
*6%
6%
36
*8
105%
5
10%
*23%
„
*97%
Pub Serv El 8c Gas
25 Va Feb
12%
21%
21%
40
*35
*51 %
Public Service Co
26
*6%
21%
104
104%
50
43% May 18
30% Feb
24%
6%
i
28%
24%
106
,
36
104%
10
15
36%
107
36%
*35
104%
—100
33 %c
15 Va
36%
107
No par
23 % Apr
Jan
28%
♦26
*106'A
common—No par
3
May
108% Sep
28 Va
*24
*8%
27
107%
4.4%
3%%
9
21%
*106%
Ry Co
common
Brewing Co
(Chas) 8s Co Inc
Pfizer
*8%
21
*26
No par
Light Co
& Eastern
Co
9
—100
3
42
1%
6%
21%
Jan
53
1%
2
1%
24'/a
26
Jan
30 ya May
40
28%
*8%
38
Feb
40 Va
6%
Co
85
Nov
3.8 %
28%
Corp_
Cement
20 Va Jan
13
*
104
*20
40
3,000
16%
♦103%
21%
24%
25
104
21'A
28%
preferred
16%
21%
24%
7
17%
*19%
40
1%
13%
6%
21%
*6%
Enterprises
Apr
39% July
14
*103%
7%
21%
28%
common
24%
Jun
104'A
7
21%
24%
4%%
preferred—
Fetroleum Corp of America
24
22
21
7
26
Potomac
66% Jan
167/a
25
21%
Poor
26
17%
*12%
13%
*19%
21%
Va
17%
*103
*6%
9
6
57% Feb
8,300
1,400
17'/a
7 Va
*24%
22
24
'15% May 17
150
7%
6%
2.50
.28
8% Jan
Jan
99%
No par
Co_.
22
14% Jan
28
55%
*99
104%
21%
1%
1%
*26
12% Mar 30
Mar 22
55
100
40
*38'%
7
21
21
56
99
7%
*103
1
Inc
Gl*cS Sand Corp com—No par
May 24
5
94
33
6%
104'A
56
99
300
12% Apr
Dec
Feb
17 Va
*103
13%
56
99
1,100
6,200
26
21
8% Jan
11
32%
X25
17 Va
104'A
*12%
X55%
100
16%
23
25
Feb
Jan
35 Va Jan
24
X25%
101%
*103
7
13%
56%
*99
47%
10% Feb
35% May
71% Jan
28% May
Mar
7
7
29
8% Feb
2
28
19% May 27
46% July
Feb
Jan
Jan
147
11%
Nov
*17%
100
7%
*55%
1,500
14,700
12,600
30 %
4
16% Jan
10
29%
Nov
Feb
32
15% Mar 22
July
70% May
5%
24
144% Feb
May 25
Jan
12%
26
135
33
22%
85
29% May 25
7% May 26
10% May 25
Oct
70%
Jan
159% Mar 15
Dec
73%
No par
EXCHANGE
14% Mar 14
12% May 24
142
July
Va Jun
7%
3
26% Mar 14
Jun
Apr
30
Jan
32% Jan
105% Apr.
May 25
23 %
*12%
7%
*12%
56
100
7
100
13%
56
*99
56%
*99
1
Pitts C C & St Louis RR
11
157
140
5
Jun
155
*12%
tper share
26% Feb 28
100% Jan
93
138
13%
*12%
*56
'•
-
47
NEW
Sep
10%
9'A
34%
30'
Lowest
t per share
Apr
3%
9
34
*16%
Range Since Jan. 1
Highest
Highest
98%
110
3%
9%
STOCKS
Year 1948
30
37/a
9 Va
16%
Rouge for Previous
Lowest
3%
9%
30%
100
87% May 11
Jun
3%
9 Va
47%
Apr
9
91% Mar 30
Dec
*34%
3%
9%
30%
Phllco
88%
Jan
34%
3%
9 Vo
34%
47
7
97%
Jan
34%
3%
9 %
16%
40% Jan
39%
11
35%
3%
9'A
47
Phila
Nov
54%
36%
3%
30
7
Jan
87%
34%
9%
-
46%
5
82%
3,900
*29 Va
31
87
500
3
3
*16%
Jan
25 Va Mar
35
Va:::
30
19% Jan
88% Feb
8
43% Mar 28
3
16%
108% Jan
3
3%
47
26% May 16
112% May 10
101
3
30
Mar 12
4
.
1,600
> 10
3%
Phelps-Dodge Corp
Philadelphia Co 6% preferred
May 17
3
•
36%
Pfelffer
99
3
9%
53% Jan
24
.
3%
25% May 17
51% Jan 19
3
3 %
46%
Pet Milk
90 % Mar 24
3 %
91'A
141
*36%
Pepsi-Cola Co
23% Jan
110% Apr
"
29
91
♦140%
30 Va
12
20% Jan
3
x29
90%
141
47'A
11
54% Mar 18
30%
90%
*140%
46%
Apr
21
29%
91
140%
1,100
30
Apr
3
30
30
91
140%
200
10,000
52
16%
12
3
*51'A
47%
24
Jan
51%
30 Va
3
May
32%
51%
16%
Mar 11
17
32%
51%
30 %
Peoria
38% May 25
x48% Mar 30
32%
51
,
*47Va
19
41
91
*139% 140 Va
,3: v
3»/a
Shares
32%
: 32 Va
3 2'A
2%
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—10
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light 8c Coke
100
May 16
May 16
12% Jan
7
29%
91
•
20%
No par
Penn Power 8c
7
105 %
29%
91
140%
1
8c
11% Jan
5
29%
90 Va
>139%
Transp—5
com
Proof
5
7
29%
91
20 Va
No par
5%
19
Feb
30
141
20%
*
1
10
preferred
prior
conv
Penn-Dix'e
7
Jan
30
*90%
*139%
,
the Week
S per share
Penney (J C) Co
May 18
110
51 %
Transportation
Apr
Jan
Jan
103%
Mar 28
10% Feb
17% Jun
Dec
40'A
Jan
104
Feb
44%
Jan
30%
Oct
8%
32% Feb 10
20% May
Dec
98%
Apr
51%
*20
20%
•alee fer
May 27
shnr*
Penlck & Ford
1
17% Jan
&
Consolidated
Mines
5%
Penn
20
Inc
Peabody Coal Co
Penn
Mar
52%
100
Pictures
Rust
Patino
3
111
51%
issued
Parmelee
23% May 14
28% Jan 21
5
May 13
106% May
July
Parker
7
Jan
51%
Corp
Parke Davis 8c Co
18
8
Petrol
Cos
Park Utah
22
77/a Jan
14% Jan
27
27
When
28
12'/a May 18
6% May 25
Jun
32%
51%
Park 8c Tllford inc
29% May 12
23% Mar
Jun
May
18
32
*20
Friday
May 26
* ver
S per share
No par
Car
convertible
Paramount
May 23
42 Va Mar 30
3
16% May 24
,::R7
4%
20%
32%
preferred
Parafflne
*20
32%
Panhandle Prod & Refining
7
20 %
No par
Corp
American Airways
4%
*20
32%
Panhandle East Pipe L com__Nopar
7
24
Motor
20%
Thursday
May 25
May 24
$ per share
32%
No par
62% May
8
20%
Wednesday
Tuesday
Sper share
28
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
8
May 23
t per share
10
Pacific Telep & Teleg common—100
6%
preferred
100
Apr
Monday
May 21
;
33% Feb
14
89
Saturday
■
Par
Dec
7 4
RECORD
LOW AND HIGH •ALE PRICES
STOCK
YORK
EXCHANGE
$ per share
3
135
Apr
NEW
Highest
30% Jan
Jan
104%
Nov
r ■
18
55% July
Dec
130
Lowest
$ per share
Jun
36%
STOCK
STOCKS
Year 1948
Lowest
YORK
5%
3%
1
8%
11%
112
19
12%
~90
60
.
r
24
COMMERCIAL
THE
(2332)
YORK
NEW
STOCKS
.
B»ni« for Previous
*
Highest
Lowest
y '
Feb }
22%
103
Jan
15
Dec
82 %
Feb
4%
Oct
111% July
19%
31
12
99% Jan
,
5
5% Apr
May 21
4% Mar 23
18
Jan
26
23
29%
Apr
19% Feb
8
104%
Jan
99.
Feb
25
103% Feb
3
5% Feb • 7
6% Jan
'6
Nov ;
Mar
92
92
May
$ per
Par
'
$ per
share
20
93%
93%
93%
93%
13
12%
12%
12%
13
*92
5%
5
21%
22
*21%
5%
102%
5%
12'%
3 4%
12%
12%
93%
92 Va
37
36%
33%
Dec
41%
Jan
34% Jan
3
37% May 26.
45
—10
*'91%
92
91%
91%
Preferred
4i50%
series
:_'_100
*105%
105%
105%
104%
105
Dec
Jun
103%
85% Jan
3
Dec
94
Oct
80
103%
102% Jan
4
19% Jan
17
Dec
24% May
16% Apr
14
15%
Jan
49
Jun
24% Jan
3
17%
4%
7% May
Sep
6%
Feb
19%
Jun
28
Dec
Feb
Jan
12
4
5% Jan
5
10% Jan
Feb
.1
25% Jan
-3
41
RitSter
4% Mar
21
22
36% May
96% Apr
12% May
Apr
13
16%
x33 %
*5'/a
102%
5%
37'/a
37%
8,400
46%
240
92
200
___No par
'*•4%
7
25
*22%
20
37%
4%%
3
conv,
4%
i
Art Metal Y/'ks
98
12%
Mar
27% May
46% Apr
20
18% Feb
3
Dec
72
May
39% Apr
25
55% Jan
8
8%
Dec
18%
Jan
8'/a Jan
3
12"% Mar 12
Ruppert
16%
Dec
Jan
16% Jan
3
23% May
Safeway Stores
—5
*9%
(Jacob)
107%
Jun
113
Sep
39%
Feb
61%
27
48% Jan
3
Feb
8
16% July
487/a May
36% Mar 22
139% May
96% May 27
Jan
Jan
8
Feb
13% May
79
Feb
91% May
16%
44%
10
4%
*4%
4%
8%
8%
8%
8%
22%
*22'%
22%
38%
38%
97%
98
12%
12%
17
51
39% Mar
Nov
May
Jan
95
-
87%
Nov
93%
Dec
157/a
Jun
Oct
87
Apr
13%
Feb
26% July
44
Feb
62%
83
43'/a
38
38
98
*97%
12%
12%
;>
16%
17
44%
42%
*9%
'■
43 Va
9%
17
*
'
'43
4.40% series,A
100
Savage Arms Corp.::
;
—5
Schenley Industries Inc__—
.1.75
Scott Paper Co coirimon——No par
$3.40 preferred _i.
L-J.
No par
Scovill Mfg Co 3.65% pfd—100
Scran ton Elec Co (The) common__5
3.35% preferred
100
7
12
30% Jan
Jan
13
91% Mar
8
Jan
-3
14
Jan
20
5
86
Feb
7
18% Jan
11
49% Mar
55
4
Jan
22%
5
4
19% Mar 18
36% Feb
7
47% May
8%
Oct
5% Jan
27
8% Apr
18
Feb
43%
Nov
34% Feb
15
39% Jan
8
Feb
20%
Feb
16% Jan
59% May,,
31%
9%
5%
x9% Mar
127/a July
Dec
5
8% May
Dec
9 % Dec
14%
Feb
94
Jun
Jan
36%
24% Nov
;
6% Jan
7
11% Jan
May 25
,7
5
Jun
26
May 23
31% May
May 25
37% Jan
7
Feb
46%
Oct
27
17%
Feb
27%
Jun
22% Jan
4
77
Feb
10
83
May 18
8% Febi 5
10
Mar 11
Feb
79
Dec
9
Dec
15%
Jan
12
Mar
14
Oct
28%
Feb
46%
Dec
7%
14% Feb
11% Apr
31
Feb
Jun
4%
29% Mar 31
Jan
6
Jan
3
5
39% Jan
5
6
Sheraton Corp of
5
Lowest
$ per
tper share
3%
$ per share
share
25
Dec
36
Dec
44
Feb
32% Jun
92%
Feb
18
Dec
24
Feb
14
8
Jun
Feb
7
25
Dec
39%
Jun
23% Apr
21
31% Jan
Dec
90
Apr
83% May 21
88% Feb
91
Sep
98
Dec
26
95% Jan-
July
15%
Jun
14%
23
Feb
96
Nov
104%
5
3% Nov
.
8%
5% Mar
39
Feb
52
14
15
60
99
Mar
4% Apr
8% May
46
58% May
3
16
5
May 12
5
11% Feb
24
14 %
Aug
26% Feb
26
39% Jan
10
Jan
36% Jan
7
Feb
18
16% Jan
44
42%
7
24
1
53% Mar
8
17% Jan
13
Mar
3
100% Jan
3
7% Jan
40
Oct
36% Mar
Dec
7
3% Jan
Oct
11% Nov
36
17% Jan
Feb 24
Jun
May
24
'
100% Mar 25
3
May 27
Jun
45% Aug
Jun
40
Apr 26
E & G Co
49% Jan
7
7
x39% Feb
62% July
50%
58%
Feb
70
73
Dec o
.
Feb
7%
4
Dec
Aug
73
22
Dec
29%
20%
Feb
30%
7%
Dec
14
Jun
15%
Feb
21% Aug
Nov
95
19%
Dec
79%
Oct
21
13% Jan
7
6% Jan
7
5
7
4
61
Mar 22
68
Jan
Jan
Feb
72
24
7
Jan
Apr 25
24% Jan
7
Jan
21
Jun
24% Feb 24
29% Mar 30
May
7% Jan % 3
10% Mar 31
■
61% Mar
9
May
10% Apr
8% May
63
26
62
20% May
4
Jan
66% Feb
3% May 23
Jan
12%
Jan
6
x50% May 11
July
Dec
24
30% May 24
Jun
65 %
100
Jan
Apr
13
Jun
17% Apr
Jun
103% Mar 17
21% Jan
83% Jan 20
25
10
89% May 12
28 % Apr
18% Jan
3
121% May 11
Jan
4
136
56% Feb
Oct
Jun
Oct
3
98% Jan
27% May
73
11
109
18
May 11
67% Jan
8
Feb
53
Jun
36% Feb
8
42% Mar 14
69%
Feb
92%
Jun
74% Jan
-7
Nov
35
Jun
65% Feb
22% Feb
7
23%
25
26% Jan
7
89
Oct
97%
Jun
96% May
Oct
36%
'/■
100
9
Mar 10
Feb
15%
13% May27
16% Jan
18
38
Feb
43% May
41% Feb
44
Jan
24
36%
Nov
41% May
30 % May 20
38% Jan
7
11%
11% Mar
.32% Mar
(AG) & Bros Inc
Sparks-Withington Co
Spear & Co common
$5.5o preferred
10% Feb
5
35% Jan
3
Feb
18
3
28% Feb
18
14% Jan
7
24% Jan
16% May
Dec
12%
Jan
10% May 25
36% May
23%
13
40% May 14
27
6
Jun
»
Jan
Jan
97
Spefncer Kellogg & Sons
Sperry Corp (The)
Spiegel Inc common—
Conv $4.50 preferred
94
$3.50
Inc
preferred
_
100
Sterchl
Bros
Stores
Inc
Sterling Drug Inc common—
3% %
Stevens
preferred—_i—
(J P) & Co Inc
Stewart-Warner
15% Jan
4
17% Mar 14
12% Feb
25
17% May 17
29%
Jun
16% Feb
10
21% Jan
7
11%
Jan
6% Feb
7
7% Jan
18
113%
Jan
9%
Feb
™
90
52% Feb
120
July
15% May
17%
Dec
21%
18%
Dec
26%
w.34% Mar
Jan.
98% May
70%
Nov
43
Jun
3
8
10
12% Apr
94
Feb
26
Apr
13
119% Apr
14
Jan
17
x9% Feb
24
11% Jan
8
15% Apr 29
17% Jan
13
7
117
Jun
xl7% Feb
24
19% Jan
36% Feb
14
43
page
13
61
July
For footnotes see
5%
5%
5'%
5%
26.
May 11
Monday
4%%
Sunshine
preferred, series A
preferred series B
Biscuits
Inc
2%
700
23 Va
1,500
20%
'20%
20%
110 %
110%
110%
18%
18%
*18%
21%
21%
21%
*21%
22
26
25
*83%
83%
*15%
15%
■
"49
56%
*97%
15
15
15%
15%
13%
*29%
38
15%
100'/a
*100'/a
100%
25,600
15%
15%
100%
100%
100%
997/a
3%
3%
3%
3%
3%
3%
3%
3,500
3%
7%
'7%
7%
7%
13,700
7%
7%
7%
8
77/a
49"
*45
49
100
56%
*56
56%
700
13%
13
13
500
29%;
29%
'
46
'
'
'
46
500
'*45
*46
49
56
56
13%
13%
13'/a
29%
29'%
29%
29%
20%
29%
38
38
38
38'%
39%
*39%
38
32%
32
32%
31%
32 Va
32 Va
5,600
56%
13
56 /
*56
13
*55%
*12%
'
30
1,500
1,300
41
33,500
33%
32%
33 '/a
33
33'/a
x32
32%
41%
x40'/a
40%
11,500
40%
40%
40 %
41%
41'%
40
41%
31'/a
4,900
31
31%
31%
31%
30%
31 Va
31%
31Va
50'/a
50'/a
50%
50'/*
50%
50%
50%
50%
51
■
62%
*62
11%
12%
3%
4
3%
*41%
4%
*4%
4%
11%
/
71
*69
*69
22%
*22%
23
25%
25%
25%
25%
8%
8%
8 %
8%
*151/4
15%
15%
15%
*28%
29%
*27%
28%
102%
102%
102%
191/a
18%
89 %
19
*88%
*88%
26%
26%
25%
66%
23%
66
3%
22%
25%
8%
14%
14%
28%
102'%
*101%
102'A
18%
18%
18%
*119%
120%
*118
131%
128%
129
39%
39%
66%
66%
66%
23
23%
23 Va
23%
98
*98
13%
14
14
41%
41%
31%
11%
11
39%
40-
*96%
39%
40
98
;
98%
98
42 V2
41%
30%
31
31
11
11 *
11
11
39%
39
39
98%
26
10% ;/
11
10%
10%
10%
10%
11
10%
10%
10
10%
10%
10%
10%
10%
16%
*16%
16%
16'%
16'%
16%
16%
*16%,
*15%
16
15%
15%
15V4
15%
19%
19%
19%
18%
19
7%
7%
*92
>
x56
119%
7
*55%
56
119%
Va
*118
10%
10%
10%
10%
10%
*16%
17%
*16%
17%
*16%
19%
19
42
42
;
.
100
26%
3,100
10%
10%/
10%
10%
3,400
10%
10%
10%
10%
3,300
*16'/a
16'%
xl4%
15%
19%
19,600
7%
2,700
'■
56%
19%
19%
55%
*118
119 %
10%
15%
.
10%
7%
93
56
119%
10%
.
I:
7,000
18%
15%
19%
7
400
16%
15%
*92
-
*16%
15%
7'/a
!
6,109
98%
257a
*-07
98%
18%
93
39%
39
500
26%
*97
7%
'92
55%
*118
10%
*17
6%
7%
55%
5$
*118
119%
17%
18%
18%
18%
18%
42
42
41%
41%
42
42%
55%
10%
17
*13%
'
-
;
2,000
32,300
'
300
18%
2,600
42
2,200
'
42'
/
119%
17
17%
17%
;
10 Va
10 s 8
17%
19%
10
93
*92
93
19
19%
42
.;
!
200
>
25%
26%
26
'
200
41%
30%
*97
'
>5,26oT
13%
39
-
|
99
13%
*41%
25%
93
*97%
14 %
;
8,700 * 1
23%
23
,
99
11
26%
*118
17,200
'
10,000
31
26
71/8
7,200
39%
66%
60%
;
11
*30%
26%
93
V
*97 %
98 %
42
-
61%
39%
66%
23%
2,900
* 66 '/»
39%
65%
*11
98%
62
61%
39 /
14
'
61%
130
5
120
130
130
61
13%
11
*117
120%
61%
14%
57%
170
23
23%
7
|
6,300
18%
14,500
65
66%
%
23
30
102
25%
39%.
*97%
93
700
*101%
89 %
61
*29%
1
28%
25%
39 Va
*41%
*92
3,700
28
x89'/a
129%
'
42%
*56
200
14%
18%
*118
121
130%
31%
,
5,800
14%
.18%
24%
26%
*29;
71%
8,100
8%
65%
26
*41%
19%,
25%
83a
89%
42%
s
800
18%
89%
14%
f;>
•'
100
I
22'%
X65%i
102
25%
.31
26 Vs
*101%
89
98%
40
*28
25%
>
j
4%
71%
25'/.'
28%
*97%
,11%
*4
147/a
27%
3,800
22'A
67%
14%
4
*69
8%
67%
40
1,600
'
25%
8%
68'%
>
39%
25%
8%
*29
*96i%
26
3%
23
*67%
*41%
*11
*22%
22%
71%
700
12%
12%
"
4%
*69
8'%
14
14%
4%
41/4
71%
*69
23
98%
*97
*4%
4%
71%
89
63%
,
37/a
24%
133%
V
3%
89
39% v40
231/4
3%
3%
v
25%
61%
66%
12%
89
*131%
■
12-%
18%
63%
,
40
12%
89%
40
63%
11'%
62%
*62
62%
19
133%
*131%
12
*62
29
102%
120
*119
121
*119
62
62
15 Va
15
*28
*101%
50 %
68'%
8'%
68
69%
31%
50%
'V
25%
25
68%
31%
62'/a
*62
12
22%
42
15 %
33
4
*19
15%
41%
71
*118
14
33%
■
*22%
;
900
14
14%
14'%
31%
62%
11
.
*99 %
70
12.50
98
15
*69%
1
25
25
85%
32%
4
1
98
85
*97
32
*4
5
j.—100
15
85%
*84
32%
*69
par
25
32%
*11%
par
par
par
98
25%
32
*62
par
100
*97Va
*25
32%
33%
par
500
85%
24%
,:s
38
55%
13%
*13%
100
*84
*21
3%
49
*46
56%
•
300
25
*21
22
15%
7%
8
7%
*45
24%
*18 Va
15%
3%
3%
1,700
22
19
98
15
25,500
19
*18%
85
*97
20%
112%
100%
15%
*100
100%
84%
15%
15
15%
15%
*3%
85
34'%
20%
112%
•
112%
22
*21
25%
25 %
98
*97
98
*100
25%
21%
20%
112
200
*33%
33%
33 %
34%
*33%
19
31%
No par
Studebaker Corp
i—-—2
1
Sun Chemical Corp common
1
$4.50 series A preferred—2N0 par
Sun Oil Co common
—No par
Class A 4%% pfd_
100
4%%
*2%
x23'/a
20 %
18%
Shares
t per share
share
2%
110%
18%
the Week
$ per
23'%
21%
19
Sale* for
2%
111%
110%
Friday
May 27
23 %
20%
112
5,400
2%
*33%
23%
33%
5%
5 Va
>6,400
23%
2%;'
21 %
33%
34%-
Thursday
share
34%
34 %
100
12%
-
May 26
23%
*97
common—11
1
20
Sunray Oil Corp common
$ per
23%
800
9
12%
34.
5%
5%
May 25
24%
23%
13
34%
34
3,600
33
*8%
9%
3,900
26%
26%
*81
83
*12%
...
5%
3%
24%
26%
*8%
Wednesday
3
2%
3
3
7,400
26%
27% *27%f
PRICES
SALE
1 per share
$ per share
30
82
26%
27%
25%
13'%
34%
34%
May 24
share
r
*79
27%
9%
5'/a
Tuesday
May 28
83%
Stone & Webster..
Dec
5 %
$ per
5
Corp
Jan
50% Mar
34%
-.No par
Starrett Co (The) L S
18% July
91%
34%
of
20
Nov
34%
Indiana—
Oil of New Jersey
Oil
Jan
6%
34%
25
Standard
25
Standard Oil of Ohio common—10
3%% preferred series A
100
Standard Steel Spring common—1
4%
convertible preferred50
Standard
Dec
16% Mar
,
34%
7Va
7,100
7
27
*81
84
*8%
'•
5%
-
6%
82
1,000
10%
10%
26-"! 4
f
26 %
*12 %
13 %
*12%
13%
No par
com—No
No
Standard G & E Co $4 pref—No
$6 prior preferred
No
$7 prior preferred:_No
Standard Oil of California—No
Brands
Standard
11%
9 % Jan
Jan
18
*12%
27%'
26%
9
5.9."
9
9
9%
13%
6%
18,100
36%
3'3 %
*5
5%
•
6,700
'
*81
*12%
*5
26%
27
84
5
1
15
Dec
26%
No par
1
No par
1
:
1
2
Co
Stokley-Van Camp Inc
5 % prior preference.
9%
26%
900
1,900
■
*7'% t 8
8
*79
1
79
1
^81
84
*81
84
1
Spalding
'
15% May
Feb
88
17
39%
Jun
26%
26%
"
Squibb (E R) & Sons common
$4 preferred
No par
121
26%
28%
*50%
4
Jan
27%
27 %
100
100
29 % May
Feb
27%
27 Va
'■
7 %
7
26
26%
par
5
54%
'
Co__
23% Feb
Jan
97%
26'/a
*25
29%
91%
27%
:
- ••
79
80
26
*21
Squar" D
5
'■>"
81
*78-
80
*18%
6
Jan
; *5
7%
7Va
7%
83
*111%
28
109%
'"7%
7%
5%
*5
5%
21%
16% Apr
Feb
*5
*33%
71% Apr
Nov
5%
5 Va
*24
7
17%
11
*7%
7% '
*3
14% Feb
86
11%
11
11 %
*10%
41
8
34%
May
23% May
74
29%
37%
11
*9
64
104
36%
11
41%
41
Feb
Feb
36:%
11
26%
50
5
No
Southern Railway common—No
:
5% non-cum preferred
.Mobile & Ohio stock tr ctfs
Pacific
Southern
41%
11
par
Southern
Southern Natural Gas Co
17 Va
2,500
41%
36%
25
7.50
California Edison
5
17%
X4G%
*7%
32%
3
May
17%
41%
7%
30
34
50%
17%
41%
37%
38
32% May
50 %
50%
*49%
17%
41'%
*29%
5
50
36 Va
*37%
3
2,600
*7'%
25
29% Jan
15%
37%
South Porto Rico Sugar com_No par
28% Jan
15%
41%
.27%
com_4.50
50
30% July
15%
37%
——
preferred
40
*15%
40%
*7%
27%
15
Southeastern Greyhound Lines
84%
%
8
*81
Iron——_20
preferred
.5%% conv preferred
*83
37%
42
7%
15
5%
13
84'/a
13 %
17%
•41
17%
*'27%
Solvay American Corp 4% pfd—100
South Amer Gold & Platinum-a.—1
8%
50%
vi
15
50
15%
50
15%
:
)W AND HIGI
30% July
43%
15'%
/17%
May 21
Oil Co Inc
13%
*83
13%
84 %
*80
preferred
100
4.20%
preferred,
:
—100
Smith & Corona Typewriters_No par
South Carolina
*13%
*83
Va "13%
c
*5%
3%%
Socony Vacuum
13%
Saturday
_
v
85
v/83V:>
85
*84%
*82
82
13 ■%
13%
13%
13%
'
5%
25% Mar
33%
82%
.
11%
15
20%
Feb
82%
*7%
Smith; (A O). Corp—
10
Smith (A) & Sons Carpet Co com—20
Jan
27%
Oil Co
150
83
16
STOCK
Sloss-Sheffield Steel &
21% Jan
20
80
V
Skelly
127% Jan
18% Feb
*
35%
7
Jan
Oct
25%
Feb
23
27% Jan
40
82
82%
42%
Coalition Mines—-—5
Simmons Co
—:
-No par
Simonds Saw & Steel
No par
Sinclair Oil Corp—
No par
12
600
95
96
*82
18 %
v-V-Far
!■■'
52%
94%
81 Va
53%
*94%
51%
Silver King
36% Jan
11
99
Jun
160
25
19% Feb
22% Feb
Jan
15
31% Feb 25
May
34
4% Jan
2% May 11
7% May
Dec
■// $ per share
52
*52%
96%
15%
EXCHANGE
^
Highest
Lowest
Ilighest
8,900
54
18
America
NEW YORK
Range Since Jan. 1..
Year 1948
25%
*94%
STOCKS
Bange for Previous
25%
*52%
37%
3 '
,
257/»
96%
50%
G)__——Nopal
(W A) Pen Co
Shell Union Oil Corpl——
Sheaffer
21
Apr
(Frank
Shattuck
10
900
25%
543/4
85
130
10:,%
25%
25%
16%
A—No par
$3.50 conv pref series
34%
10%
25
54 "2
18 Va
No par *
Shamrock Oil & Gas
1'
Sharon Steel, Corp——1—No par
Shafp & Dohme commbn——No par
5
*83 Va
10Va
*94%
52
1
*
67/8
•
11,300
*10%
96
82
*
89
10%
25%
82 %
1-00
96%
:
10%
10%
55
..
2,700
38'/a
96%
84%
84
84%
6,700
67/a
96
16%
1
.»—
v
340
7,500
.
6%
6%
7
6%
-
*84
84%
10
*89
::
55
*51 Va
;
preferred
$4.50
39 Va
*38
90
25%
*18
:—No par *
'
5
Co
Servel Inc common———
30
68
&
7
6%
84
8,100
22%
110'%
98%'
95%
13%
5
Roebuck;
*85
90%
100
22 %
39%
*85
90
9%
9%
*94 %
100
W
110%
'/
25%
*84%
1
Seeger Refrigerator Co
Seiberling Rubber Co
101% Feb
May 20
79
Sears
*82%
Del—.—No par
Oil Co of
39%
39% *39%
*95
*30%
10%
700
10 Va
*86
V;
85
42
93/8
56%
■
*94%'
t c__No par
Seagrave Corp
11% May 19
8
6% May 26
Jun
104
Seaboard
5
9%
10
7%
•>
*10 Vz
3,400
1,800
42
25%
25%
*55
A——100
series
preferred
5%
Seaboard Finance Co.
-39
10
40
84%
10%
10%
39
100
6%
7 Va
86%
*85
17
39
9%
39
90%
12%
110%
'38%
*95
*86
90%
12%
V'
22%
110%
10%
39
50
98%
38%
22%
39%
101
*95
2,400
39
38 Va
16%
38 %
10%
10 Va
38%
39%
102
•7-
common———5,
Paper Co
Seaboard Air Line com v
7
11
Mar
15%
35%
—100
preferred
non-cuin
Regis
1st pfd
39%
400
22%
22
*97 Va
110%
110%
110%
110
>
J%
*9%
:
9 %•
22
22 %
22%
110%
38%
%
10%
10%
39%
*87
St
x96
Apr ^ 8
•14% Feb
Jun
.
*'95
5
Jan
12%
t c—No par
v t c__^100
A 5%
Southwestern Ry C.o_—100
Louis
5%
38
7
May
55% May 20
6
81% May 27
Apr
12
79
•'92-
Preferred series
St
38%
19
.
12% Jan
: May 25
25
■'46% Jan
i
•
<10% Mar 19
35% May
25% Mar
88
% Aug
15
Feb
8%
Co
St-L-San F Ry Co cdm v
25
-ilOo
-—10
—L
•
Lead
22%
111
Jan
87
5
,
preferred
Joseph
22%
'•110%
2,700
17
*22
,.
•
12%
*9 %
2,100
8%
8%
98-
*43
200
4%
8%
4'%
38
17
17
16 %
*4%
*16
4Va
12%
12%
110%
22%
—5
common
9% Jan
91
27'
6% May
80% Jan
Jan
122
Feb 16
87
Jun
101
58
St
12% Jan 25
42% Jan 26
24
Feb'
67
5%
16
35 % May 11
109% Apr
Jun
Feb
8%
32%
5
113% Feb
22,500
36 Va
*16'%
■
21%
35%
35%
16%
*97%
98
*9%
10
34%
16%
8%,
17
.44%
*43%
1,300
16%'
35%
38
44%
17
17
1
No par
16%
16%
16%
22%v 22%
12%
870
16%
105%
16'%
O/2
8%
*97 %
*■97%
*12%
105%
34 Va
37%
37%
37%
105'%
105%
16%
23
*22%
24
100
Royal Typewriter
Ruberoid Co (The)—
17
54
4%
8%
8%
*8%
*91%
16%
'
Inc new—1
preferred series A__
Ronsbn
May 17
preferred
Haas Co common-—
Rohm &
20
4%
4%
600
92%
34%
*16
16%
45%
/
46
46
*91%
33%
34
16%
3 7
Antelope Copper Mines-Robertshaw-Pulton Controls com__1
Roan
98% May 17
21
27
16%
34%
40
*102'/p.
5%
105 %
*105
1,400
37%
Xl6%
16%
16%
*■16%
43%
44
34%
1
No par
Company
105%
36 Va
36%
36%
36%
36%
Co_i—:
Corp
Oil
Richfield
5
8% Mar 25
■
^
Rheem Manufacturing
13
38% May
16% May 25
12
July
29% July
Mar 25
107
i
r
8,700
5%
91%
-100
91%
3.60%
series
92
Preferred
*91%
91% May 25'
11% May
J *20%
'■■37%
45 %
Common
44%
Jan
46% May 27
*43%
50
7
44
Dec
42% Mar
*'43%
43
Dec
40
5
21
5
;/''•'•■ 5
5%
37%
5%
800
2,400
102% 102%
5%
5%
■:'5%
.
:'/■. 21
-
103
*102
103
5
21
.
20,800
92'/a
21
5
20%
5 o'
■
20%
*102
5%
12%
92
;
93%
93%
12%
12'%
92
5
22
*5%
94%
'«■
20 %
*92%
12%
20%
103
*102
102 %
*'5%
93%
Shares
20
20%
*93%
93%
•
94
*92
94 v
5
92
92
V
20'%
20%.
Sales for
the Week
Sper share
$ per share
19%
20%
20%
<
i per share
share
20%
94
*93%
conv
$ per
20%
Friday
May 27
ii-i
May 88
-
May 25
May 84
/
Thursday
Wednesday
Tuesday
!,
May 23
share
20%
Corp com
No par
pTior pfd series A
100
Revere Copper & Brass com__No par
5%% preferred
i
100.
Rexall Drug Inc
L.
2.50
Reynolds Metals Co com
No par
5 % % convertible preferred—'—100
Reynolds Spring Co_
i—
1
Reynolds (R J) Tob class B_„—10
6%
Jan
'
Steel
Republic
7
16% Jan
110
93; May 12
12% May 27
21% May
102
Oct
8
27% Jan
:
HIGH SALE PRICES
LOW AND
May 21
t
$ per share
shari
19% May 25
,'33%
Dec
'
$ per
$ per share
$ per share
RECORD
Monday
Saturday
EXCHANGE
Highest
Lowest
STOCK
•
STOCK
NEW YORK
Range Since Jan. 1'
Year 1948
Monday, May 30, 1949
FINANCIAL CHRONICLE
&
~'i
t IT 'i
*,
Volume
COMMERCIAL
THE
Number 4807
169
NEW
V
Year 1948
9
Mar
11% Mar
235
138
May 27
Dec
19 Ma
Jun
31
Dec
44%
Jun
8V4 Nov
16%
Jan
7% Feb
36 Ma
Jan
28% Jaii
Jan
3
Dec
8%
Dec
17%
Feb
26
Jun
20% Feb
79
Dec
91
Aug
82
;
43/4 Mar
7% May
9% Mar
11% May
7
*•
Dec
10% Mar
7
Talcott Inc
4% Jan
7
Jan'
7
10
55% May
4
Texas
25% May
12% May 23
17% Jan
7
Texas
Jun
14% Mar
67
Nov
15%
Nov
2
xl5% Mar
19% May
52
May
1
3
Jun
Feb
49
47
Feb
71-% July
58
Jan
4
19
Nov
25
17% Feb
17'%
26
i
Oct
29
Feb
48% May
33% Feb
45%
Dec
Dec
65% May
20% May
39
10%
xl4%
Dec
24
14 % Feb
;
7
48
46
Jan m 3
May
Dec
14% Jan
Dec
46% Jan
25% Apr
Apr
5%
Dec
15% May
10% May
12% Apr 21
5
May 16
34% Dec
0V2 Dec
47%
Jan
35
13%
Apr
3
19
24
Jun
17
•
77%
Apr
4% Mar 21
Mar
2
Jan
Oct
10%
39%
Feb
59% May
38%
May 11
Feb
95 %
84 %
Apr
89
1% Mar
19% Mar
19'%
95%
17
Feb
Jan
Mar
40
7% Feb
4% Jan
31%
Dec
25% Jan
71
Jun
20% Feb
102% May
13%
25
Apr 25
38% May 26
19
Jan
May
43%
Jan
10
Jan
19
22% Mar
10
Jan
4
23% Apr
107/a May
14
May 14
5%
96
Feb
NOV
12% Mar
17% July
31% Dec
6V4 Feb
11
10
10% Apr
21
25% Mar
19% Jan
3
36%
Jan
32% Jan
Jun
98% Jan
13
8% May
32 % Jan
4% Jan
Dec
14%
Jan
4%
24
5%
Dec
Feb
5% Feb
3,400
10
10
1,500
6,800
X29%
"21
20%
20%
83'%
83
83
4%
10%
,10%
*3
*10%
541/8
53%
541/4
13%
13%
12%
13
63 %
63%
631/2
64
191/4
18%
19
11
■
120
4 V#
4Mb
1,600
10%
700
*19
3%
10%
3 %
10%
3%
15 1/2
151/2
15'%
15%
15%
*15%
15%
800
531/4
53%
53 %
15*%
53%
54
54%
53%
54'/a
12%
13
12%.
12%
13
13
13
13 Ms
7,800
2,700
63%
64
X62%
62%
62»/4
63
62 Ma'
62'/4
3,500
18%.
18%
18Vb
18%.
18%
19
18 Ma,
18%
3,500
42
42M4
40-M4
40-1/4
400
8%
3%
3,100
15 Mb
500
3'A
*3
3%
3
.
.
,
3
preference^-
41%
42%
42
43%.
40%
40%
*40
41 %
8%
8%
8%
8%
8%
*15%
15%
15%
15%
;*'•
41%
40
40
5%
*15
6%.
6
31%
30%
*12%
6
13%
*15
6
5%
.
15
3 Mb
3
xl2%
30a
800
31
12%
12%
*36
36%
*36
36%
36
36
*36
36%
36
*4
4%
4
1
*17%
*8
_15
com—No par
preference
Roller
<
$6
17%
17%
Xl7%
8%
8%
8%
*8
8%
39
881/2
*871/4
88%
38%
3%
300
17
17
*8
81/4
38'A
*37%
x86v4.
700
38
89
861/4
*871/4
8%
2%
21/4
21/4
21/4
2%
2%
2%
2%
2%
2%
*23%
24 %
*23%
24%
*23%
24%
23%
23%.
24%
25%
281%
99
80
1,700
a'/4
89
900
3%
381/4.
38%
*871%
39
3%
171%
200
36%
*36
700
40
3
4,300
25%
1,000
22%
22%
22%
21%
211%
21%
21%
104%
104%
104%
104%
104%
*104%
1051/2
*104%
105i%
104%
200
16%
16%
16%
16%
I6V4
16%
i6 y»
161/2
ieya
16 'A
16
16 Mo
*40%
41 %
39%
40'A
391/4
40
39
391/4
38%
39y«
38%
39
5,700
3,000
11
U'/a
11
11 Me
4,100
I2V4
121/2
12%
12%
*13%
14'/i
*13%
14M4
3,800
100
21,000
.
22
—2
11%
11%
5
*12%
12%
11%
No par
*13%
14%
*13%
11
11
111/8
11
11
12%
11%
14
14
71/4
11 y8
11%
11%
14
12 y8
14
*131/4
71/4
-1
7%
_No par
*100%
5
Corp
11%
11%
11%
11%
11%
11%
11%
par
23%
23%
23%
23%
23
23%
22%
*99%
101'A
100%
*9914
common.
Coal Co
Century Fox Film com„No
$1.50 conv preferred
No
7%
101
101
*99 %
par
7
100%
%
7
7%
102
101
100%
*34%
35%
6%
6%
*6%
6%
*61/4
6%
*26%
26%
26 %
261/4
26%
5%
5%
5%
5%
5%
26%
5%
No pai
No pai
Co:
.
35%
*35
35%
*35
101%
101%
1
prior preferred:
City Rap Transit com
5% cmiv prior preferred
7
102
-50
$4.50
Twin
Coach
18
5 Mb
*2%
No par
preferred—
Twin
3%
39
1,010
S'/a
5
*104%
20th
■
3%
*87
4,200
13 Ma
10
_5
Corp
Tri-Contlncntal
Truax-Traer
3%
*38'%
5'/a
30
*12%
No par
com.
.
Bearing—
Trarisamerica
4
88
5%
30
36
*17%
18
*8
8%
v:
3%
39
39
*86%
No par
preferred
*17%
18
/:*■'
4
5%
30
50
preferred
conv
"15
5,900
•
12%.
5
common.
8%
15
5%.
5%.
29%
13 %
-431%
41
3%
151/4
30%
*12%
42%
*40
8%
8%
151/4.
30
31%
13%
*12%
No par
41%
*40
6%
30
No par
.
Co
411%
40%
8%
41%
••
5%
May 11
7
lOi/a
54
1
Transue & Williams Steel
13
6% Jan
200
30
10
4%
5
29% Mar 14
11
10%
15%
100
>TranscontT & Western Air Inc
7% Mar 14
U
25
Jan
101
3 •
900
500
9
*8
20%
5
Timken
24% May 16
35% May 12
6
100%
Jun
92
1,200
33 Mb
83%
5
102% Jan M 4
15% Jan
1,200
lli%
4%.
*81
5%
$3.75
7% Mar 30
98% Feb
111/4
15%
50c
:
-Timken-Detroit Axle__
9
107% July
19 % Aug
*10i/2
15%
No par
:
10
Tide Water Associated Oil
:
4
,
8%
30%
V
9 Mi
138
20%.
4%
4'/2
*5
$3.50
13% Mar 30
16% Feb
10
Shares
*10%
83%
4%
15%
preferred
—100
Thompson-Starrett Co com—No par
10
Mar
.12
30
10'
20%
*811/2
Y4%.
83%
4%
83
*3
4 %
Mar 30
Nov
30
;
5%
Mar 31
105
10
4%
*811/2
10
C?o
Ry
Thompson (J R)
1
Thompson Products
8
3
16
34
*5
8
July
21
21'/4
33 %
Avenue Transit Corp—No par
Thomas Steel Co (The).
l
7
29% Jan
20%
211/4
84
*10%
Third
13
•
21'%
33t%
29%
•'
fo«<
the Week
33 M«
11%
8%
X3'/B
138
11%
1
$2.50
9
Jan
3% Jan
15% Nov
9%
Mar
9
14
23% May 19
23% May
55
23
2% May 23
Nov
32%
1047/a
Dec
10
Jan
101/4.
9%
141
11
*8%
301/4
10 Ms
25
common^—
conv
Therm old
6
45% Jan
85
Jun
•
8
20
May 27
29%
101/4.
*4%
conv preferred-,^.
~No par
Thatcher Glass Mfg Co common
5
7
;
30
IO1/4
21%
$1,25
19
7.% Jan
29%
10
9
cfcfs
inc
$2.4o
37% Jan'
Mar 23
•
share
The .Fair
Jan
81/2
5
Sulphur-—
Texas & Pacific
13.% Mar 16
6%
81/2
*140
Sales
S per share
"
A
Gulf
Textron
7.
6% May 21
9
30
*82
par
Gulf Producing Co
31% May 21
19'
*8%
29%
par
*
Co
Sub
15% Jan 22
24
12%
>
11% Jan
9'/8
x33 %
10
T
Pacific Coal &, Oil
Apr 25
May 11
8% May 19
25%
;
*8%
34
*33'A
9 Mo
9%.
141 %
10%
share
Texqs Pacific Land Trust—{
.
5 V4
33%
11
Friday
May 27
May 2f>
S per
YxY
Texas
7
9Va
141%
4.16%
,-25
(James)
Texas
65% Mar 11
23% Jan.
'
9'/4
143'/a
1
Telautograph fcorp
Tennessee Corp
5%
'
8
9 Ma
1411/2
33%
Symington Gould Corp
10% Feb
9'/4
1431/2
5
7
<
9i/4
11
Thursday
Wednesday
143%
144
34
Swift & Co—--—
Swift International Ltd
r
Sylvania Elec Prod iric c#m__No
$4 preferred—
No
5% Jan
May 26
9%
9%
144
*33%
25 *
,
7'
Jan
4 %
$ per share
10
Sutherland Paper Co
Sweets Co of America (The)
Jan
S per share
$ per share
11
26
12
Feb 21
24% Jan"
7
89
Mar 2
May 25
10%
9% Apr
.32%
May 24
11%
7
*
PRICES
Tuesday
May 23
*11
Jan
36
BALI
Monday
share
10c
25
_50
Superior Oil of California
Superior Steel Corp_l
T
3%
RECORD
LOW AND HIGH
Sunshine Mining Co
Jan 11
14% Jan 12 *
4
8% Jan
28'/a
14
10% Apr
10% May 10
31
Mar 16
25
(2333)
May 2L
Par
168
>
25
22
CHRONICLE
Saturday
$ per share
7% Mar 25
Jun
1?%
;
STOCK
NEW YORK STOCK
EXCHANGE
Highest
$ per share
Sper share
Dec
140
Range Since Jan. 1
Lowest
Highest
$ per share
YORK
FINANCIAL
STOCKS
Range for Previous
Lowest
&
71/4
102
7%
7 Va
71/4
1017/»
101%
11%
11%
11%
2,600
23%
x23'/a
23'/4
11,800
*100
*26
5%.
5%
260
101
y-Y'
:
35%
*61/4
26%
*93%
102
*35
6%
*26
6,000
23%
35%
*61/4
21%
101%
231/4
*35
20%
104%
xll%
*101
111/2
.
22
x3'1M2
34%
110
6%
6'A
6M4
200
26%
5%
5%
*26
26%
*5%
60
5%
800
U
9%
Dec
12
Jan
1
10% Mar 17
tTdylite Corp
Dec
59%
Jun
40
Jan
3
46
Jan
12
Underwood
9% Mar
16%
Jun
10% Feb
8
12% Apr
6
Union
Asbestos
23% May 13
31% Jan
7
Union
Bag & Paper Corp
36% May 25
42
7
Union
Carbide
39
27%
Feb
37% Nov
8% Feb
39% May
43% Nov
103
Oct
110
Feb
98
Jun
80
Nov
90
Jan
107
Jan
6
111
Feb
94
Jan
13
86% Jan
38% July
79%
Nov
96 %
7
45%
Sep
Jan
41%
25% Feb
48
Apr
31
Jun
90 % Mar
61% Jan
Oct
19% Feb
16
15%
Jan
Feb
38%
Feb
36
$3.70
series
No par
*91
96
*.91
96
22% Feb
105.
series
No par
*86%
88
*861/2
871/2
*86
5
109
4%
5
14% Mar 29
5
74
•
Feb
28
7% Jan
12
38% Jan
18
Dec
30.% Feb
26
29% Jan
3
2% Feb
9
3 % Apr
10
45% Apr
Jan
41% Feb
3% May
2% Jan
Feb
9
4
Feb
3
33% Mar 17
3 %
May
6
Jan
48
Feb
58% May
44 % May 25
54% Mar
18%
Dec
23
18% Feb
9% Mar 23
21% Apr
12% Jan
21% May 26
24% Apr
13
21 % May 25
23% Apr
18% Feb
23% May 16
5% Jan
48% May 25
Jan
Apr
22
22% Jan
3
Apr
7
39% Jan
20
21% May
May
Jun
94
24'/4 May
Mar
24
11
7
90
Jun
175
100
7
42%
Jan
17% Apr
8%
Jan
4
Mar
Merch
Mar
6% May
10
9
M xy 25
8% Jan
57
Jan
24
21
3
lev's May 18
Feb
8
52% Jan
12
Jan
58
37% May
19% May
86
Dec
94
82
37%
Dec
117
3
Apr 29
36% May
Jan
May
Jan
8% Apr
58 V»
Jun
39% Feb
7
72
Apr
64% Jan
13
87%
Oct
67% May 27
78% Jan
22% May 25
3
Feb
19% Jan
18% Jan
4
Nov
42% May
6'% May
38% Jan
3
4 % Feb
24
8% Jan
3
Feb
16
Mar
• 4
Feb
19
150 Y Feb
71/4
i
Dec
Deo
42
•
80
Jun
Apr 29
2% Jan
Jun
14% May 21
Jun
231% Jun
170
May
3% Feb
70
May
25
19% Jan 17
.Mar 5
156
-15% May
85% Jan
7
Jan
8
4
26
27
5% Apr 28
10% Mar 30
25
21
18
Mar 29
17% Jan
7
5% Mar 30
22% May 19
165
Feb
1
Feb
10
10% May 18
43% Jan
3
55% May 19
7
33%
2%
Co
*42
4
7%
*42
42%
*42
42 3
3i/4
3 1/8
3'/4
4'./2
*4'/4
4Mb
49
48%
481/2
481/4
48%
48'%
48%
481/4
48 >4
100
16%
*161/4
16%
16%
16%
*16 VH
I6V2
161/2
16 %
16%
16%
500
37
*36
37
36%
36'%
37
46%
47%
46
471/a
44 s, 8
45i%
21%
*21%
*36
47 %
47 %
*21i/4
2iy2
21 %
211/4
21
21'%
10%
10%
10%
10%
10%
182
43'%
*43
191/4
191/4
4%
4%
45 %
59%
22%
86%
10
100
37%!
*119%
A
non-c
preferred
Universal-Cyclops Steel Corp
Universal Laboratories Inc__
conv
/
5
*9% i
*78%
2
3%
50
*23%
l
14%<
14%"
1
*4% »
4%
-
...
1
100
9% !
.....
54
17'/4
1,500
15%
15 Ma
15%
10,100
*734
8%
44%
x433/8
433/8
43
8 Ma
43%
59'%
100
21%
4,000
86%
*841%
861/2
*84 %
86'%
*84%
37%
118 y2
42%
133-
211/a
38 Ma
37%
38%
120'%
120M4
120%
43
42
43
*70%
711/4
*70 7
a
68%
68%
231/a
22%
23
22 7
21
37%
.
1,000
86%
10
37%
3,300
120
120
43
790
1,700
8
71'/4
*70'%
71M4
200
68%
3
67M«
68'%
29,800
23
22%
22%
14,400
■
43
,
1331/8
1,900
21
21
x21Ma
21'/»
21
2 IMa
2,200
*41
133%
21
*42
86%
43
43
68
71
22%
133
371/2
42'%
68 7
2
86 %
1191%
37%
119
71
68'
*
51/8
9%
91/2
80%
5
4i%
-
42
x42
42
43
43
133% 133%
133
133 Ms
133
280
14%"
*141/4
4%
4%
4Mb
4%
300
9%
9%
9%
9%
9%
1,000
*78%
801/2
*787/a
80
'/a
*79
80 %
3
3
25
*23
25
*23
25
100
14V-4
141/4
*14%
14%
*14'%
14%
200
4'%
41%
*4V4
4%
*4M4
4%
200
*3V'8 /
*22
25
14%
4%
9i%
•
31/8
3y8
*22,
:
4%
■J
9%
80'%
*78%
3%
231%
*4y2
»oo
Y 4%
22%
9%
-
,
7%
*21
371/2
44
"
*58%
*1631/2- 166.
10
{
54
17',4
15 Mb
8%
17
V
31/4
3
3 Ma
7,900
'
*22% i 23
com
171/4
1*5 1/4
*7%
21%.
43
*141/4
*163% ,166
Universal Pictures Co Inc
17Ms
xl4%
8%
31/4
24%.
100
17
15%
231%
3%
i
com.No par
preferred
171/8
7%
"
*78%
80%
■
I
2,600
59
9%
■*.
1,300
4Mb
59
*4%
9%
4Ma
21%
20%
*42
*4%
1
2d pfd~5
No par
4Mb
15%
23%
132%
43
30
19
43/a
21%
23
21%
19
300
58%
70
'
19
*
71
21 %
}9
4%
40
6 Ma
45
17
43
*42
19
4%
183
20%
71
132%-132%-
19
4%
*6%
"42 'A
'581/4
42','2
25
19V4
4%
68%
100
6 Ms
45
21%
72%
No par
Leaf .Tobacco
119
23%f 23%
"181 Mi
183
59
43%
69%)
6 Mo
*43
45
*71
No par
*181 "4
300
2,900
45
*431
i__
w
6%
43
80
15'%
93
*211/4
50
Corp common
181V4
6%
43
15i%
*91
*58
5o
com
181'4
6%
45
119%
37%
37%
90
191/4
8%
*841/2
120
97M4
59
22
84 %
071/4
300
221/2
*58
221
*15%
■
182
*6%
45'/4
45
*57%
93
15 %
182 %
*45
4,900
93
*6%
*7%
221/4
*91
431/2
8%
22 Mo
*15%
20
*7%
200
22-%
15%
45
20
22%
91
18
1811/4
22%
21
*97'/4
93
7%
10 Mo
"21
98
98'%
*211/2
200
23
*97,1/4
91 %
182%
13,100
11
21%
22%
*151/4
16
*6%
10%
10%
21M4
22
94%
*43%
2,500
21%
*971/4
*181 %
18,200
2OM4
22
98
13
45%
20
21%
98
94
37
451/4
20 Ma
211/2
22%
16%
22
36
46 Va
20 Mt
211/2
22
95
11
10%
*21
37
45'%
23
16
common
22
99
*98
*
10%
22
*36
x
*21%
22%
*16
1
100
500
*48
*94%
___20
10
37,100
50%
*49
171/4
1st preferred
7,300
4
3'%
41/2
171/4
preferred
2%
4%
15%
conv
preferred
United Wall Paper Inc common
4%%
32'/i
2%
31/4
16
$6
8%
*31%
2%
3'/«
17 %
non-cum
Universal
32 %
2%
*41/4
1
preferred
United Stockyards Corp
4%
3,200
*31%
41/4
16
United Stores $4.20
33
33
1,100
1.000
% 31/4
17%
preferred-.
5
32%
100
21%
4'/4
lo
U s Tobacco Co com_
1%
*4%
31/4
No par
common
21'A
41/4
class A
Smelting Ref & Min
preferred
S Steel
32%
8,400
74
22
3%
4%
Co
42%
*71
7,500
11%
41/4
4%
common
non-cum
5
2%
*42
72 %
23 Mo
106
31/4
No par
Pipe & Foundry Co
Playing Card Co
Plywood Corp common
3%% pfd series A
Rubber
33
2%
11%
5
*21%
331/2
*32 Va
2%
42%
12
Shares
share
3%
;No par
S
S
x33
33
x23 Ma
"105%
for
the Week
4%
common
conv-
Co
72%
5'/a
Sales
4 %
5
preferred
Additional
♦
42 3
*42
2%
51/a
33%
*32%
2%
21%
51/4
33%
33
2%
42%
*42
100
com
jj
7%
U
*321/8
33
100
Machinery
S
U S
Mar 17
140% Jan 26
21% May 19
43% Feb 16
8
Jan
10%
72
3
34
Feb
46% Apr
331/2
5%
21 1/2
Friday
May 27
$ per
106
11%
74
*71
"•
22
.
*5
24 Ms
24
*105
12
11%
73
21%
800
3%
No par
common
preferred.
Lines
8%
24% May 14
i7ya
;
U
21
37
S
1
Dec
130% May
Hoffman
4 % %
88% Feb
Nov
33'/4
5%
20
Freight Co
S
U
37 y4
146% Jun
w
U S
26
51/8
51/4
74.
22 %
U
Jan
22%
Foreign Securities—No par
$4.50 1st preferred-:.
No par
4
Jan
22%
S &
8
43
*72%
23
106
*105
11%
*72
74
*22%
23
25% Mar
133
111/4
12'/4
23 y2
59% Feb
3
11%
12%
1,200
33
Thursday
May 26
23%
23V2
1061/2
50
33
$ per share
$ per share
23%
*105
49 7/b
PRICES
May 25
share
23%
241/a
107
*21%
49% Jan 28
3
$ per
8,000
2,809
50
*33
27%
80%
33'%
50
.
Wednesday
May U
*22
Partic &
U
18
23%
*105
SALE
Tuesday
May 23
23
4% %
21
63'%
y
U
Monday
$ per share
23%
S Leather
9
6V4
49%
33
*72
I
S Industrial Chemicals
19
Dec
491%
33
*21%
U
7% Jan
2% Dec
50
33
i--___l
interest
U
11% Jan
22
49%
32%
70
27
80
'A
1
13%
Inc
7
16
Dec
Cos
14
Jan
12% May
98% JUn
50Mt
33
*22
Gypsum Co
7% preferred
891/4
1
5% Jan
Jan
49% May
U
96'%
*88
50
24%
12%
10o
L
Mfrs
of
*93%
89M4"
33
8
107
2%
21% Jan
9% May
53'/4 July
24%
*103%
33 %
9
21'A
May
&
96
*88
33!
*32%
28
36
8% Dec
85% Dec
1,300
270
*93%
501/4
$ per sliare
i/No par
Improvement Co
Certificates
27
Dec
4 Mi Mar
2,700
109
96
81
com__30c
l___
109
28
United Paramount Theatres wi____1
May 17
Dec
>
1,200
88
27'/4
*36 %
United
Sep
-
9
87'%
87%
80%
United Engineering & Foundry
5
United Fruit Co
No par
7
110
27%
10
Corp
Stores
Coal
110
81
16%
183 % May 12
Dec
129% Mar
*8%
*931/2
96
%
109
27M4
100
Electric
16
7%
i
18,700
80
__iNo par
preferred
Gas
17%
::•/.%.
371/4
28 Ms
5
Jan
Dec
67% Mar
36 Ma
80%
Corp__No par
Co
(Thei
United
11%
t
37
80%
100
Fastener
S
4%
137%
36%
27%
10
common
Carton
&
Carbon
United
S
43
43
Inc
Cig-Whelan
7%
U
Jun
Dec
36 Ma
81
5
100
common
preferred
$3.50 convertible preferred
U
171/4 May
121
3,900
36i%
28%
Saturday
preferred
United-Carr
8
76
July
Corp
Lines
Board
United
Unite
20
191/4
■
United
17% Jan
Dec
Feb
Air
4% 7o
104% Jan
Dec
ya
24%
28 Ms
May 21
United Biscuit of Amer
May 25
15% May 27
Jun
'
y
United
7
35
Jun
May
65
16
Jun
Aircraft
5convertible
18
49
24 3%
80 'A
STOCK
Dye wood Corp common-
37%
24
YORK
Corp
28 %
39%
24%
109
LOW AND HIGH
United
Feb
22
24'%
81
33%
United
16%
;
United
7
Dec
179
24Ms
29
*50 Ms
7
60
Nov
11%
29
Y0
preferred
2
May
82% Apr
8
42 3 4
*111/2
81
Par
26
23% Apr
9
Feb
54%
421/4
11%
V
25
com
EXCHANGE
Feb
4%
166'%
par
Car Co-___-J_-i.No par
non-cum
Union Tank
Mar 24
July
113%
8Mb
421/4
11%
42
50
California
of
NEW
26% Mar 30
7
May 10
2%
Feb
*1%
41%
11%
23%
109
*91
$3.50
July
Feb
..
108 7/a
108%
Preferred
$ per share
3
23 %
Dec
15%
1081/4
Preferred
Highest
Jan
92%
108%
*1081/4
13
Lowest
Nov
101
JY ,37 /
Jan
5
19
Feb
pfd $4.50 ser__No
15
57%
89
37 Ma
51% Feb
10% Jan
32 %
371%
36% Jan
Apr
Feb
37
16
19%
16%
37%
Mar 28
Nov
11% Dec
37%
Mar 31
S per share
30% May
46%
24
Carbon—_No par
&
Un El Co of Mo
Range Since Jan. 1
Highest
55
23%
Oil
9%
Dec
241/4
Pacific RR Co
Jun
41
23%
'A
STOCKS
$ per chare
5 %;
241/s
Union
110%
Nov
24 Mb
Union
Dec
2%
_No par
5
Nov
29
*411%
11%
21
22%
27%
11%
8%
8%
41%
11%
31% Apr
89% Jan
103 %
6%
8%
411/4
12
92
25
Year 1948
Lowest
8%
42
*11%
4
Range for Previous
$ per share
8%
x41%
12
5
94
11
77% Feb
July
51% July
31%
8%
42%
12
Rubber Co
&
Apr
"
21%
8%
42%
Corp
'
Jun
91
Jan
8%
1
No par
(The)
54
>
10
54
-
4i%
*22 »/8
*163V2
9%
54
4%
22%
166
9%
.54
22%
22%
*22'4
22%
*163%
166
*163%
167
9%
10
9%
10
55
*54%
55'%
22%
22%
54
.
22'%
*165
22%
300
167
9%
5,200
54
541/2
360
221/4
22%
1,300
9%
I
14%
9%
Feb
27% Oct
19% Feb
Dec
15% May
26% May
9% Jan
3
21 % Apr
21
21% Feb
For footnotes
see
page 26.
11
25% Apr 25
Vanadium Corp of America—No par
11% May 13
Van
Norman
24
Van
Raalte
Jan
27
Co
Co
Inc
*22%
2.50
10%
10
*21%
22%
23
U
22%
<
11
"211/2
221/2
21%
22
11-
1111%
22
2i%
21%
211/4
11
*21'%
22'%
11
*10"2-
11
*107/8
11%
7C0
22
*211/4
22
*21'%
221/4
200
26
(2334)
COMMERCIAL
THE
NEW
Brag* tor Previous
Range Since Jan. 1
Highest
$ per share
$ per share
12 V*
19 %
July
15% May
29% Jan
10
Feb
16
13% Jan
6
Deo
20
Jan
3
22'/a Apr
1
85 Mi
Deo
94
May
85% Mar
5
89
Feb
10
86
Feb
95
Jim
Feb
1
$ per share
85% Jan
48% Jun
33% Feb
11
85
96%
91
93
Feb
109
Apr
14% July
124% July
18% May
14% Nov
Jan
Jan
90
May 23
15% Jan
3
113% Apr
29
14% Jan
117% Jun
Par
11% Jan 21
118
Jan 21
17% May 16
118
Feb 14
20
Jan 19
3
15% Deo
23
28% May 25
29% May 11
32% Jan 12
Deo
38% May
34% May
39% Apr
25% Jan
4
25% Deo
32% Jan
23% Mar
5
31
Mar 9
30% Apr 30
29
32% Jan
30
Mar 15
32
66
47
May 19
60% Jan 28
14% Apr
9
Apr
Jun
33% Apr
6
Apr 26
Monday, May 30, 1949
LOW AND HIGH SAME PRICES
$ per share
*10%
21%
*86
$ per share
$ per share
'
11
10%
11
10%
21%
21
21%
21 %
26%
87
*86
88
*86%
38
*86%
36%
36% -36%
96%
*95
*6%
*90
6%
7
36%
96%
*95
*95
95
90
17%
17%
115%
115%
115%
115%
Shares
10%
21%
86%
1.400
1,500
11
10%
*21
21%
21%
87
*86
87
*95
93
*86%
36%
97
36%
6"%
*89
xl6%
*115%
S3
17
*88
16%
17
114%
115%
115%
19
*18
19
"18
19
29%
31 %
28%
30%
29
30%
*28%
*30%
29
31%
29
31%
28%
27%
27%
*27%
27%
29
"30%
27%
*28
30
*29
30
33%
*32
33%
*32
33%
48
*18%
*46%
19
*18
19
*18
19
*29%
*20
30
32
*29%
*30%
30
31%
*28
*28
28%
29%
*27%
28%
*28
29
*28
*32
33%
*32
33%
*32
*46
48%
*18
29
29%
' 21%
*27%
1,100
100
10,900
350
6%
6%
94
1,200
97
*95
7
17%
115%
88
36%
36%
961/2
93
17%
115%
*36%
*86%
88
36%
*95
»
7
*89
17%
115%
10%
88
6%
7
*115%
*
$ per share
$ per share
10%
36%
88
*88"%
17%
90
17%
May 27
21%
*86
*86%
36%
*6%
67/8
17%
$ per share
Sales lor
the Week
Friday
May 26
10%
97
*86
Thursday
21
11
21%
87
87
*86%
Wednesday
May 25
Tuesday
May 24
Monday
May 22
May 21
Vertientes-Camaguey Sugar Co__6%
Vick Chemical Co
2.50
Vicks Shreve 8c Pacific Ry com_ 100
5% non-cum preferred
100
Victor Chemical Works common
5
3%% preferred
100
Va-Carolina Chemical com
No par
6% div partic preferred
100
Virginia Elec & Pwr Co com
10
$5 preferred
100
Va Iron Coal & Coke 4% pfd
25
Virginian Ry Co common
25
6% preferred
25
Visking Corp (The)
5
Vulcan Detinning Co common
20
7% preferred
20
38% Jan 26
96% Mar 16
7
6% May 13
90
,
28% Deo
29% Nov
24%
CHRONICLE
RECORD
Saturday
$ per share
5
32% Deo
Vk Mar
STOCK
NEW YORK STOCK
EXCHANGE
Lowest
Highest
Oct
YORK
FINANCIAL
STOCKS
Year 1948
Leweat
&
30
*32
600
200
200
10
27%
30
33%
W
67% Aug
12% Deo
15% Jan
100% Apr
12% Feb
35%
Deo
<28
Jan
26% Mar 14
Jun
105
8% Feb
10% Mar
x83% Mar
9% Nov
Jan
9% Jan
15% Jan 21
Ward Baking Co common
3
4
1
5%%
preferred
Warner Bros Pictures.
Warren Foundry & Pipe
7
Warren
28
3
Jan
20% May 11
34% May
27 ya Aug
14% May 25
227/8 Jan
23% Feb 23
25
Jan
11
12%
Deo
20% May
12% Feb
7
14
Jan
24
16%
Deo
22
16% Feb
10
17% Mar 15
13
Deo
30% Jan
11% Apr 21
15% Jan 25
5% Mar 30
Nov
3% Deo
26
6% May
Sep
X80
NOV
3% Jan
3
20
Mar28
27% Jan
80
34% Aug
Jan
86%
,19% Mar
13% Feb
104%
*113%
103%
105%
100%
Sep
May 20
19% July
20% May 14
Jun
14% Jan
3
108% Mar 22
117
Mar
103% Feb
111% Oct
May
2
110% Jan
8
13
Nov
113
Jun
107
112% Jan 24
Oct
107
Jun
105
108% Jan 26
Apr 18
Apr 25
101% May 2
4
103% May 26
17% Jan 20
Mar 25
41% Jan 24
22% Oct
Jun
36
110% Jun
104
10% May
5% Nov
34% Deo
13% Mar
51%
16% Apr
38% Feb
100% Feb
5
108% Jan
May 12
Feb
,7% Mar
32% May 23
87% Feb 24
22%, Mar
25% Nov
38% July
36% May
22.
Feb 25
22
Mar 23
58% Dee
74% July
26
May
39% Jun
54% Apr
Dec
15-
29% Nov
23% Deo
85% Feb
91% Feb
25
Deo
80
Jan
34% Jan
97% Jan 28
101% Jan 26
98% Feb 15
23
May 11
40% Jun
July
102
7
Jan
26% Jan
106
Mar 30
37% May 25
92
Jan
80% May 25
23
Feb
27% Jan
23% Mar
13% Dec
24% May
13% May 27
27% Apr 26
16% Mar 30
22% July
July
31% Nov
18% Jan
3
25% Apr
53% Jan
5
28% Feb
8
Feb
3
May
65% May
10%
Nov
69
Dec
44% Apr 26
Jan
73
'12% Deo
14% Deo
19
18
Jun
125
Deo
xl38
Jan
128
28
Feb
23
41% Nov
37% Oct
49% Jun
13% Dec
58% Deo
25% May
81% Feb
79
7
Jan
8
Apr
58
Jan
94
34% Jan
47% Jan 21
3
7
15% Mar 30
24
67% May 17
Feb
•*.-
72% Apr
7
Jan
10
Apr
9% Jan
9
Jan
7
79
74
9
7
8
Mar
22
Dec
34%
10%
Feb
16% May
37
Dec
48
May
15% Feb
24
Oct
17% Apr 29
20
Dec
89% Oct
60 % May 25
74
Jan
Deo
xl9% May
14% Jan
6
19% Feb
3% Dec
*Bid
35
May 27
May 25
Ex-dividend,
July
25% Feb
3% Feb
9
asked
y
prices;
no
sales
13%
4%
4%
20%
20%
4
20%
20%
80%
.80%
80%
81
19%
19%
I93/4
i9s/8
i9%
19%
19%
20
19%
19%
114%
*113%
115
116
116
*115
116
*109
V-l-lO
*109
*113%
*114%
106%
*105
*102
103%
*102
*14%
14%
14%
103
14%
37
36%
36%
107
*105%
*105%
34%
*11%
29
6%
6%
6%
6%
33%
33%
33 %
33%
11%
11
11%
11%
11%
;
26 %
27%
*25%
27%
*26
25%
26%
22%
22%
—12.50
*22
24
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
Nopar
$5 conv prior pref
—Nopar
White Dental Mfg (The BS)
20
*102
106
'
■
on
92V2
81%
82
38
"
81 t
81
*26%
*26%
27%
23%
500
*53%
57
200
14%
13%
25%
25
25%
25%
7,200
22%
21%
22%
21%
21%
15,300
92 %
91%
91%
91%
92
100%
100%
/
24
*22%
106
*100
23%
*105
38%
38
38 %
3,300
80 %
80%
81
81
80%
80%
120
27%
26%
26%
*26%
26%
*26%
27%
14%
13%
14%
13%
14%
22
21
21%
22
22
*53%
54%
*53%
54%
53%
53%
*53%
*30
31
*30
31
30
30
*30
——.0
*8%
5
1
No par
$4.25 preferred
*76
Wisconsin Elec Power Co com
17%
Co
10
Worthington Pump &
- '
Machinery common
—No par
Prior pfd 4% % series
100
Prlor pfd 4% % conv series—100
Wright Aeronautical
Nopar
Wrlgley (Wm) Jr (Del)
No par
Wyandotte Worsted Co
5
46%
(F W)
30%
109
7%
1,800
10,400
4%
4%
%
4%
45
45
*45%
45%
45%,
45%
500
10%
10%
10%
10%
10%
10%
3,100
*74%
76%
*74%
76%
*74%
76%
-
10%
10%
10%
10%
*10%
10%
300
18%
17%
18%
17%
17%
17%
17%
4,900
129%
129%
*129%
*74%
76
11
11%
11
17%
17%
4%
17%
-
•
132
132
*129%
24
23%
23%
46%
46%
46%
46%
*129%
46%
4%
*24
I
,
14%
*14
67%
*66
67%
*66
*68%
70%
*68%:
70%
*68%
*70
72%
71
*71
14%
'
71%
*8%
71
*71%
71%
9
24
24%
900
46%
47%
46%
47%
6,800
300
14%
14%
14%
*13%
14%
*66
67%
66
66
x64%
64%
70
70%
71
*68%
70
*70
73%
40
,
*68%
72%
72%
*70
73%
71 %
71%
*70%
71%
71
71%
70%
70%
500
8%
8%
*8%
3%
*8%
8%
*8%
3%
600
*20%
20%
19%
20%
19%
19%
9%
*31%
18%
61
9%
32
18%
62
9%
31%
19
61%
ll%
9'/a
32
18%
61%
11%
9%
32
18%
61%
11%
*31%
*17%
60%
xll
28
28%
28%
27%
3%
3%
*3%
9
20%
20%
20%
preferred
Young (L A) Spring &
wire.NoPar
Youngstown Sheet & Tube___Nopar
9%
33
18%
63
9%
31 %
18%
.,61%
9%
31%
18%
63
No pat
11%
11%
11%
11%
11%
11.%
9%
31 %
*18%
60%
11
.No par
*27%
28%
28
28
27%
27%
27%
1
"3%
3%
3%
*3%
ccnv
Youngstown Steel Door
Zenith
Radio
Corp
Products
receivership,
or
Corp
petition
has
filec!
been
for
.
3%
3%
4
reorganization,
company's
a
Deferred
:
•
/
-
■
Bond
$453,000
$90,000
837,880
2,565,000
Wednesday
883,640
702,212
2,605,000
386,000
307,000
286,000
12,000
2,791,000
203,500
1,000
692,738
2,2:8,000
195,000
4,062,380
$12,971,000
$1,467,500
300
32%
18%
61%
11
800
9,900
1,800
23
2.100
3%
1,300
\vd When distributed,
"-■■■■
'
'
'
(Number
Bonds
2,339,000
-
s Special sales.
2,000
9
,
Exchange
Stocks
Government
226,290
1
9
Daily, Weekly and Yearly
Bank
719,620
'
1,600
19%- 20
Transactions at the New York Curb
Total
Bonds
Monday
Tuesday
sale,
r Cash
delivery,
•
3%
United States
Int'l
30
100
72%
71%
9
67%
'■:70 ■■//.'/
9%
.*31%
18%
63
4%%
10
24%
*14%
14%
14%
>
*66
*20%
Mfg Co..
common
132
24%
46%
46%
1
50
Corp
*129%
25
20
& Towne
132
L
.
■
*14%
:
>
Yale
4
'
-
York
10
10%
76
4%
7%
45
4%
24
25
Woolworth
54%
*30
8
10%
5
*11
132
*2334
-
*53%
30%
8
45
17%
*129%
-10
Co
Iron
54%
*30
7%
io%
*75%
11%
——100
preferred
6%
Woodward
*53%
31
46%
4%
76%
*11
—10
10
Co
Wilson-Jones
7,400
3,500
10
46%
10
10
13%
21%
54%
:
7%
7%.
100
13%
*21%
,
*45
5%
*45%
No par
7%
8%
10
38%
14%
7%
100
38%
21%
8%
100
107
37%
15%
Co
110
101%
*22
22%
$4.50 conv pfd series A—Nopar
Foreign
25
24
22%
Oil
9.300
15%
106
*22%
106
*102
106
"
100 %;
*100
>
24
53%
"14%
Wilson & Co Inc common
Bonds
7
14%
15%
Zonite
Bonds
*23
56%
22%
*
200
23%
22%
7
of and Miscel.
28%
23
*15%
Co
Willys-Overland Motors- com..
Railroad
1,500
*25%
2,900
81
*26%
27%
1,900
11%
38%
"
81
6%
34%
11%
*54
1
Motor
Wilcox
18
tin
39%
•38%
39%
*
'6%
*33%
-
*91%
100%
*102
106
160
2,100
1,900
70
22%
Sewing Machine com
1
$4 conv preference
Nopar
Prior preference
20
White
15
day.
23%
*102
39%
White
Jan
this
Instrument
Elec
Weston
20
114%
115%
110
110%
21%
,
;
'
21
80%
18%
25%
25%
*22
13
17%
12%
4%
14%
22%
*100
23%
24
56%
22%
22%
*91%
*25%
*53
25%
>
100%
*100
101%
•
92%
*91%
92%
*100
Saturday
Thursday
Friday
:
27
w
22%
100
37%
105%
6%
26%
*91%
14%
11%
26%
22%
Nopar
12%
100
xl4%
37
104%
1,900
100
19,200
1,400
5,500
800
1,200
loo
1,100
1,300
2,100
460
2.300
21,500
20
80
70
210
*105% 106%
103% 103%
14%
14%
37%
37%
*104% 107
*105% 107%
102% 103%
33%
>6%
14%
7:
114%
116%
110
111%
11%
32%
-14%
A
20%
80%
18%
20
26%
'
Daily, Weekly and Yearly
Shares
•
4%
20%
80%
18%
19%
114%
*115%
*109
*110%
33
6%
6%
12
*26%.
.
107
111%
106%
102%
15
37
105%
13
34
6%
*33%
:
111%
4%
*23%
xl3
*16%
12%
4%
20%
80%
18%
19%
*113%
115%
109
110%
17%
*11%
6%
'
1
109
110% 111
*105% 106%
*102
103
14%
14%
36%
36%
*105% 107
106%
37
20
115%
109
110
111%
*105
110%
80%
X18%
115% 115%
*110%
—10
:100
—100
Nopar
-
12%
4
20%
81
18%
19%
115%
116
109
*110%
*105%
*102
14%
36%
105%
4%
4%
20%
16%
19%
*114%
116
109
12%
193/4
Transactions at the New York Stock Exchange
Number
13%
80%
*
Week Ended May 27, 1949
16
23%
*12%
*16%
12%
80
l
Ex-rights.
Stocks
15%
23%
13%
17%
12%
13%
13
15%
23%
12%
16%
12%
4
20%
15
4% Jan
32
5
6% May
and
39% Jan
30% May 13
11
13%
*16
14%
13%
15
28
24
19% May 26
9
17%
13 %
23%
15%
Mar 30
65%
13%
8% Feb 25
Jan
*16%
i
13%
17%
21
15%
24
15
20
12% Jan
64% Jan
4
68
Feb 25
66
*13%
*16%
13%
15%
*23%
22%
10
12% Feb
96% July
69
July
11% Jun
60% Mar
13
16
24
-
57
131% Mar 18
4
May 11
x59% Feb
21
15%
*23%
22%
2
44% Jan
May
21
vl
24
56
17
18% May 5
S
Nov
21 %■
16%
23%
23%
13
'
x62'
21
*16
.
58
13% Jan
10% May 26
14% Jan 14
Jan
21%
,
*22%
12% Mar 10
9% May 16
17% May
88% Jan
*20%
11%
21%
*56%
11
7% Jan
56% Jan
4% May 18
12
Mar
51
2
7% May 24
19% Jun
6% Mar
92%
11%
21%
23%
55
Apr
5
30% Apr 20
11% Jan 12
126
Feb
13%
92%
11%
21
58
48% Jan 27
89% Jan 12
57% Oct
Mar
Aug
13%
92%
11%
13%
*56
11
Mar
27%
13%
92%
11%
*22%
May 26
83
X53
13%
92
11%
'
37
9% Feb
13%
*91%
11%
Westlnghouse Air Brake
Westinghouse Electric com
3%% pfd series A
3.80% pfd series B
7
27
13%
92%
11%
Western Union Teleg class A -No par
Mar 30
17
13%
*91%
11%
100
series
-
8
13%
Lines Inc
Preferred
22%
7%
92%
Nopar
-Western Pacific RR com
Jan 24
30
101%
22%
7%
13%
Inc
Supply Co
Western: Maryland Ry com
4 % non-cum 2nd pfd.
8
101%
22%
11%
5
1
Western Auto
1
102%
14
*91%
*4%
Air
27
7%
100
200
400
70
1,200
2,800
*47
48
13%
13%
*26%
27%
*101% 102%
*22%
23
v 7% * 7%
13%
13%
*92%
93
11%
11%
*21%
22%
15%
15%
48
*13%
27
22%
102"
*22% ^22%
7%
7%
*46%
13%
27%
101 %
101%
8
49
13%
*26%
13%
27
1
*20%
Western
7%
8
5
68% Jan 26
7
13'/a May 27
115
20
29% Apr
May 26
21% May 27
x91 % May
5
95% Apr
101% Jun
■"
12% Jan
25
33% Jun
25
7% Apr 11
41% Mar 12
24
46% May
16% July
:
27
*101 -102
">' 22%
22%
22%
8
West Penn Elec Co com
Nopar
Class A
Nopar
1% preferred
100
6% preferred
100
West Penn Power 4%% pfd
100
4.20% preferred series B
100
4.10% preferred series C
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com__No par
4%% preferred
100
114% May 26
113% Feb 25
114
Apr
102
*22%
48
*13%
5
Nopar
—3
$4. conv preferred
West Indies Sugar Corp
21
119% Jun
Mar
27%
Wesson Oil & Snowdrift com—2.50
7
23% Jan
13%
*27
100
Wayne Knitting Mills
Wayne Pump Co
84% Jan 24
xl8 % May 25
26% May
*13%
27%
*101
Petroleum Corp—
Washington Gas Light Co—Nopar
Waukesha Motor Co
5
Webster Tobacco
*46
13%
27%
100
94% Feb
Feb
9% Jan
20% Jan
22
preferred
48%
*13%
Walker (Hiram) G & W——Nopar
Walworth Co
Nopar
7
12% May
25%Feb
Xl9% Nov
x
4%
8
23% Jan 21
90
May
32
8
13% Apr 28
Jun
14
105
May 19
21% Feb. 25
7% Feb 14
16% July
101
29% Jan
101
Aug
27% May
13% May
xl8% Mar
26
Wabash RR 4%% preferred
100
Waldorf System
No par
Walgreen Co common
No par
$545,000
$2,000
2,725.000
2.872,000
2,903,OG0
2,995,500
2,413,000
Bonds (Par Value)
Foreign
of
Sales
Domestic
Shares)
Week Ended May 27,1949
48,470
172,010
Saturday
Monday
Corporate
$78,000
$23,000
$2,000
$103,000
121,000
70,000
9,000
200,000
204,335
Wednesday
Thursday
40,000
15,000
208,235
142,000
11,000
162,495
—
Foreign
Government
77,000
5,000
Total
13,000
68,000
1,000
-
154,000
1,000
83.000
186,900
•
Total
'
tt
o
of
shares
«
U. S. Government
International Bank.
Foreign
—
Total
1949
1948
4,062,380
9,113,960
$15,000
95,000
1,467,500
12,071,000
2,422,600
28,596,000
$14,453,500
$31,115,600
93,396,907
Bonds
^
Railroad & Industrial
f
Jan. 1 to May
Week Ended May 27
1949
Stocks—No.
$14,453,500
$15,000
—iii
Total
27
6,000
9,000
153,000
$596,000
$130,000
$35,000
$761,000
Week Ended May 27
1948
137,393,290
138,000
982,445
t
1949
Stocks—No. of shares
1948
Jan. 1 to May 27
1949
1948
982,445
2,038,185
23,194,877
33.443,091
$596,000
Bonds
$2,000
.
$287,500
:
$383,500
727,000
2,997,000
42,183,850
40,486.280
283,451,300
446,059,100
$326,649,650
$489,925,880
Domestic
Foreign
Foreign
Total
government
corporate
$1,530,000
$15,171,000
$24,415,000
130,000
;
84,000
4,668,000
4,425,000
35,000
51,000
974,000
963,000
$1,665,000
$20,813,000
$29,803,000
$761,000.
Number 4807
169
Volume
THE
COMMERCIAL
Bond Record
italic
letters
in
the
column
FINANCIAL
CHRONICLE
(2335) ' 27
New York Stock
«»
FRIDAY
The
&
headed
WEEKLY
-
"Interest
Period"
Indicate
Figures after decimal point represent
Exchange
YEARLY
one
in
each
or
the
case
32d
more
of
when the
month
bonds
mature.
point.
a
LOW AND HIGH SALE PRICES
Range for Previous
GOVERNMENT
Range Since Jan. 1
Year 1948
Lowest
Lowest
Highest
\
NEW
Highest
101.11 May
Saturday
STOCK
Monday
May 21
Low
High
EXCHANGE
101.11 May
9
BONDS
YORK
Low
Low
High
Sep
Low
High
9
Treasury
3%S
1949-1952
*101.9
101.11
*101.8
101.10
*101.8
101.10
*101.8
101.10
Treasury
108.28 May
3a
1951-1955
*104.16
104.18
*104.16
104.18
*104.16
104.18
*104.16
104.18
26
Treasury
2%8
1955-1960
*108.28
109
*108.28
109
*108.28
109
*108.28
109
2%S
1951-1954
*103.16
103.18
*103.16
103.18
*103.16
103.18
*103.16
103.18
2%a
1956-1959
*109.27
109.31
*109.27
109.31
*109.27
109.31
*109.27
109.31
2%a
1958-1963
*110.17
110.21
*110.17
110.21
*110.17
110.21
*110.17
110.21
105.28 Mar
Sep
108.13 Jan
26
.
110.23 Mar 11
108.13 Jan
110.23 Mar 11
•
Friday
May 26
May 25
Low
High
Treasury
Treasury
Treasury
105.1
107.4
Thursday
Wednesday
Tuesday
May 24
May 23
Sales for
May 27
Low
High
the Week
High
*101.8
101.10
*101.7
*104.16
104.18
*104.16
104.18
*108.28
109
*108.28
109
*103.16
.
101.9
103.18
*103.16
103.18
*109.28
110
*109.28
110
*110.18
,
110.22
*110.18
Dec
110.22
Treasury
Treasury
Feb
102.22
102.23
Sep
102.23 Sep
101.7
Sep
101.11
Jan
101.19 Jun
101.19
Jun
100.24 Mar
100.25
Jan
102.31 Jan
14
Feb
3
104.9
102.1
Mar ll
2%a
1960-1965
*111.18
111.22
*111.18
111.22
*111.18
111.22
*111.17
111.21
*111.18
111.22
*111.18
111.22
2 %B
1949-1953
*100.30
101
*100.29
100.31
*100.29 100.31
*100.29
100.31
*100.29
100.31
*100.28
100.31
Treasury
101.18
2%s
1950-1952
*102
102.2
*102
102.2
*102
102.2
*102
102.2
*102
102.2
*102
102.2
j
102.31 Jan
14
Treasury
2 %8
1952-1954
*102.27
102.29
*102.28
102.30
*102.28
102.29
*102.28
3
102.30
*102.27
Feb
102.30
*102.28
102.30
Treasury
2%s
1956-1958
*105.4
105.6
*105.4
105.6
*105.4
105.6
*105.4
105.6
*105.4
105.6
*105.4
105.6
Treasury
Treasury
Treasury
Treasury
2%s.
1962-1967
*102.24
102.28
*102.23
102.25
*102.23
102.25
*102.23
102.25
*102.23
102.25
*102.23
1C2.25
*102.3
102.5
*102.3
102.5
*102.3
102.5
*102.3
102.5
*192.3
102.5
*102.3
102.5
*101.21
10-1.23
*101.21
101.23
*101.21
101.23
*101.21
101.23
*101.21
101.23
*101.21
101.23
101.20
104.9
.
Bonds ($)
102.1
Mar 11
2 Mr*
-1963-1968
2%s
—Jun 1964-1969
100.23
Jan
100.26
Apr
2 Wis
—Dec 1964-1969
*101.18
101.20
*101.18
101.20
*101.18
101.20
*101.18
100.24
101.20
Sep
9
101.12 Feb
*101.18
Sep
101.12 Feb
101.20
*101.18
100.23
9
Treasury
2%s
1965-1970
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.17
101.19
100.16
Sep
101.12
Jun
101.7
Feb
7
101.7
Feb
7
101.16
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.14
101.16
100.27
100.18 Jan
6
101.2
Mar 22
2yas_
2%s
*101.14
Oct
Treasury
Treasury
1966-1971
100.7
*101.14
101.18
__Jun 1967-1972
*100.28
*100.27
100.29
16
101.1
Feb
May
102.26 May
102.26 May
100.7
100.23
101.14
Oct
101
Jun
Feb
Sep
102.13 July
102.30 Feb
100
Mar
100.4
May
100
Mar
100.2
Feb
100.21
Oct
9
102.30 Feb
100.13 Jan
20
100.19 Feb
7
100.17 Feb
9
100.21 Feb
16
100.30
*100.28
100.30
*100.27
100.29
*100.28
100.30
*103.12
103.14
*103.12
103.14
*103.12 103.14
*103.12
103.14
*103.12
103.14
*103.12
103.14
*100.28
100.30
*100.28
100.30
*100.28
100.30
*100.27
100.29
*100.28
100.30
*100.27
100.29
1951-1953
*103.3
103.5
*103.3
103.5
*103.3
103.5
*103.3
103.5
*103.4
103.6
*103.3
103.5
2%B_
1952-1955
*102.8
102.10
*102.9
102.11
*102.10
102.12
*102.10
102.12
*102.11
102.13
*102.11
102.13
1954-1956
*105.13
105.16
*105.12
105.15
*105.12
105.15
*105.13
105.15
*105.13
105.16
*105.13
105.16
1956-1959
*103.24
103.26
*103.24
103.26
*103.24
103.26
*103.24
103.26
*103.24
103.26
*103.24
103.26
—Jun 1959-1962
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
—Dec 1959-1962
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
-Jun
1949-1951
*100.1
—Sep 1949-1951
*100.8
100.9
*100.8
100.9
*100.8
100.9
*100.8
100.9
*100.8
100.9
*100.8
100.9
—Dec 1949-1951
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.16
100.17
2%s_
—
2y«s_
2y48_
Treasury
2V48tTreasury 2s
^Treasury 2s
9
100.21 Feb
9
Treasury
101.13 Mar
Sep
100.30
—Sep 1967-1972
—Dec 1967-1972
2 Via.
Treasury
Treasury
Oct
100.21
100.21 Feb
100.31
9
*100.28
2%s_
2%s_
Treasury
Treasury
Treasury
Treasury
Treasury
21
2s
Treasury
Dec
100.31
Sep
101.18
Sep
101.19
Oct
100.16
100.30
100.7
101.8
July
July
Jan
26
101.18 Feb
9
101.8
Jan
101.18 Feb
100.22
*100.21
100.22
*100.21
100.22
*100.20
100.21
•100.20
100.21
*100.20
100.21
*100.31
101
*100.30
100.31
*100.30
100.31
*100.30
100.31
*100.30
100.31
1951-1953
*101.12
101.13
*101.12
101.13
*101.12
101.13
*101.12
101.13
*101.13
101.14
*101.13
1951-1955
*101.15
101.17
*101.16
101.18
*101.16
101.18
*101.15
101.17
*101.16
101.18
*101.16
101.18
*101.20
101.21
*101.20
101.21
*101.21
101.22
*101.21
101.22
*101.22
101.23
*101.22
101.23
*101.25
101.26
*101.25
101.26
*101.26
101.27
*101.26
101.27
*101.26
101.27
*101.26
101.27
1953-1955
*103.22
103.25
*103.21
103.24
*103.21
103.24
*103.21
103.24
*103.22
103.25
*103.22
103.25
1950
*100.12
100.13
*100.12
100.13
*100.12
100.13
*100.12
100.13
*100.12
100.13
*100.12
100.13
100
*100.2
100.8
*100.2
100.6
*100.2
100.6
*99.27
100.8
*100.2
100.12
101.8
*100.29
101.8
*100.29
1Q1.2
101.1
100.27
100.27
*100.22
101.1
2s
Jun 1952-1954
Dec 1952-1954
2s
Treasury
•)-:
101
2a
Apr
101.2
101.2
'Yi.
*100.21
Treasury 2s
Treasury 2s
9
•100
*100
____
*100.31
2s
26
*100
Sep 1950-1952
Treasury
101.26 May
*100
-Mar 1950-1952
2s
Treasury
Treasury
Treasury
101.7
*100
—
l%s
International
Bank
101.14
for
Reconstruction & Development
94.10 Jan
98.30 May
98.24 Jan
100
May 17
10-year 2 %B——1957
94.14
99.30 May
99.11 Jan
101.1
May 25
25-year 3s.
Jan
'■'Bid and
asked price.
No sales transacted this day.
\1%
1972
due June 1949-51 called
June
15
100
*100.29
at par,
2%
due September
1949-51 called Sept.
15
100.28
at par.
a
Odd lot transaction,
r
2,000
13,000
Registered bond transaction.
i!-i
RANGE
Friday
BONDS
Interest
New York Stock
Last
Period
Exchange
Sale Price
WEEK
ENDED
MAY
27
or
Friday
Friday's
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Low
New York
FOR
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Jan. 1
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New York Stock
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Last
Period
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64
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assented
62
40
65
65
60 Vi
102 Va 102 Vi
J- J
1942
7s
93%
40 Vi
IT
56 Vi
100 Vb 100%
'
102 Va
1942
f
s
41 Vi
40
—-
J-D
Antwerp
Australia
external
J-J
3
40
A-O
f 7s
s
V8
40
—.
.
External
81
93 Vi
40 Vi
54 Vi
100% lOOVi
•*
1954
37 Vi
62
*83 Vi
___
SAExternal
——
J-D
.^..1960
4s
8s
AExternal sinking fund 6s
A6s assented
'■
*61
Af-8
1945
*61
F-A
1961
(City)
(Rep)
5A7s
F-A
1948
of)
Af-3
1958
1950
64 Vi
'
iAChile
1947
6s
1957
3V»s
ACarlsbad
(Colombia)—
JAGtd sink fund 6s
f 5s
s
(Dominion
25-year
Agricultural Mtge Bank
No. 27—
Sinking fund gold 5s
Sinking fund gold 6s
Foreign Govt. & Municipal
~7
*64
Brisbane
1-1693
.65
12
60
3Vis Series No. 26
Exchange
55 Va
65
65
57
3Vis Series No. 30
Broadway, New York
65
70
3Vis Series No. 29_
Members
65
55 vb
65
3Vis Series No. 28
Telephone
60
64
64
3 Vis Series
Wertheim & Co.
67
*64
"
__
65 Vn
67 Vi
*65
J-D
65
'•
New York 4, N. Y.
Teletype NY 1-971*
37
7%
COMMERCIAL
THE
(2336)
28
RANGE
Friday
Last
Interest
Sale Price
Period
New York Stock Exchange
FOR
WEEK
RECORD
MAY 27
ENDED
or
Friday's
Low
Bonds
Sold
High
(Republic of)—
A6s of
1927
Jan 1961
j.
25-year
ACosta
Cuba
(City)
gold
Rica
Paulo
4%s
of)
(Republic
of)
Czechoslovakia
extl
4%s
A-O
A-O
*41
42 %
*41
41%
47
F-A
j-D
*41
41 VB
47
68%
81
External
El
extl
3Vis
3s
extl
76%
77 Va
14
63%
M-N
14%
15
20
12%
15%
8
104 '/a
l(JJ"/4 lUo
J-D
A
4 Vis
7s
series
ASilesia
113%
63
52
*52
58%
96
96
97 Vb
60
81 %
97%
F-A
89 VB
39
90
18
74%
90 Vi
1962
A-O
82%
__
64%
53
82%
82
s
f
f
s
—Jan 1, 1976
—Jan 1, 1976
S
$
$
Jan 1, 1976
76
J-J
57%
*40
1967
J-J
1949
M-S
1964
12%
M-N
(Republic of) 7s
Republic extl 7s
11 Vi
101 Vi
'102 V,
M-N
M-N
9
A 7s
part
A 6s
part
paid
paid
1968
Irish Free State
i960
M-N
extl
Italian
(Republic)
Italian
Credit
§A7s series
M-N
130
M-N
M-N
1979
M-N
101 Vi
.
100 V4
v-—
readjustment———1984
external 7s.
_1958
1958
§ A 4 Vi
1%
to 3%
AAdriatic
Electric Co 7s
Mexico
81
Alabama
Power
1st
3 Vis
1972
34
34
34?%
43
18
39%
31
31%
58
16%
37
Alleghany
A/-S
26
40 Va
—
__
31
J-J
of
81%
89'%
6
70
81
6
14
14
9%
5%
2
7%
1951
1954
8
lOVi
5
101
A-0
M-N
(1942
'
101
4 Vi
—
18
80
80 VB
99 Vi
99 Vi
1
98%
99 Va
Airlines
J-D
82\*t
82%
5
75
83
92
debs.
3s
1966
41%
M-S
82%
81%
85%
75
81%
F-A
94 Vt
94 Vi
94%
51
92
A-0
95%
95%
95 Vi
43
94 Va
96%
debentures—:
J-J
90%
90 Va
90%
50
88%
92
conv
101 % 101%
502
101 Va
&
Foreign Pow deb
5s_
'
1986
debentures
1961
j-D
101%
debentures
_1982
A-O
debentures
1987
J-D
96%
2%s
102
100:
conv
1957
J-D
103 Va
1973
j-d
due
debentures
conv
4 Vi
1945
15 Vi
Charlotte
Air Line
agreement)
_1954
A4s new ass'td (1942 agree)-1968
1910 (assented to
*4%
J-D
*4%
J-J
1922
agreement)—
ASmall
A4s New
ass'td
1945
v-
(1942 agree)—1963
to
A6s
New
ass'td
AMilan
8
6 Vi
7 Vi
1st mtge
Vi
8
91/4
1st
10
elOVi elOVi
J-J
Vi
oi/„
Ton-,
_1952
A-0
47%
47%
26%
1958
M-S
38
38,
38
2008
" M-S
*26%
1959
6 Vis
Stamped pursuant to Plan A
f<
(Int
A Sec
reduced
external
to
f
s
2.125%)
6 Vis
9V'4
101%
105 VB
98%
41
97 Va
103%
54%
55%
53
47 Vb
1948
J-J
38%
38%
1
37
1966
J-J
lOOVi lOO'i
1
99%
83
14
80%
88
86%
47
84%
95'/a
M-S
*31%
25Vi
1
25%
94%
4';
93
8
88
99
A-O
96%
97
12
83Vb
97
80 Va
96%
80
93%
fund
1965
;
V,
21963
F-A
95%
A-O
92'%
92 Va
1970
J-D
92
14
96%
_1957
extl loan
96Vi
92%
A-O
1953
23
92%
94
.83
j
2
81Vb
95
mod
54%
27
53
62%
53
54%
24-
53
63
3 Vis
1963
ext
to
1994
:_1967
SAPernambuco
(State of)
7s
Stamped pursuant to Plan A
(Int reduced to 2.125%)
(Rep of) external 7s
Nat loan extl
ANat loan extl
SAPoland
f 6s
s
Vis
82
88
103
*36
35
40
M-S
1959
:
*25%
28%
25%
30%
M-S
20%
20%
5
17%
21
201/a
20 Vi
27
171/4
21 Vi
20%
20%
12
171/4
21%
I960
1961
A-0
1940
A-0
*12
A-O
*10Vi
1947
A-0
97
*15
1968
A-0
1950
J-J
s
f
7s
gold 8s
A*%s assented
1963
A Porto
Alegre (City of) 8s
Stamped pursuant to Plan A
^____Feb 12010
income
1st
5%
mtge
53
61%
73
43
52 Va
62
61%
62%
60
May
43 %
43
43%
190
M-N
/
J-D
20 Vi
10 Vi
*13
11
J-J
11
^1961
J-D
J-J
*28 Vi
6%
13%
14.1/4
79%
79%
79%
38
77%
85 Va
62 Vi
64
28
62 Vi
64
1st lien
,
ref
&
M
4s
ser
—____1951
_
A-0
—„
&
.
mtge
5s
1st
mtge
5s series II——._
series AC—
mtge
*28
Buffalo Rochester & Pgh
29
Bush
27%
29%
M-N
7;
88
78
95
100
100
19
120
121 Va
16
102%
Ry—
modified 4%s___
Terminal' lst: 4s__
*98 Va
—
104
97%
99 Va
97%
__
•
■
99
101%
101
101% 101%
90
7.9
>i
79 Va
12
49
42
48%
' ' M-S
/ J-J
83%
78Vb
48%
79 VB
48%
101 VB
101
--
*83%
87
83
84
*80
*101%
••
59 Vi
35 Va
103 Va
*101 Vb
101%
.
—
13
90%
12
96 V*
99 % 100
M-N
102
97%
101% 101%
96 Vi
104 Va
100%
104
35 Va
103 Va
F-A
98%
101%
96%
100
;
,•••
1957 ' " M-N,
19524
A-O
54 VB
/; 54.
102
24
54%
93 VV
*105%
54
4
100%
20
91 Va
102
92%
J-J
1955
5s
12
98%
98%
98%
96 Va
94%
96
103% 104
101 Vi
95
85
„.
__
"*95%
f
A-O
F-A
Bristol-Myers Co' 3s Debs
Consolidated
A-0
*85
120 % 120%
*
27%
31
70%
85%
.
1967 1/ M-S
1955 X M-N
A-O
: J-J
4%s series JJ
1961
1st mtge 4s series RR—
_1960
AInc mtge 4%s ser A-—--July 1970
ABreda (Ernesto) Co 7s/l
__——1954
1st
5
1
7.
Maine RR—
Stamped
J-J
1964
Steel Corp—
Cons mtge 2%s ser I—__.
—1970
J-J
Cons-mtge 2%s - ser J—„
:_->1976 v / M-N
Cons mtge:3s "ser K_____11979 ;/ J-J c
Boston
71
85%
*100
120 Vi
M-N
F-A
debs—1961
f debentures--—
s
14
6%
11
/
Telephone of Pa 5s series C__ 1960
1st
40
19
']/ J-J
J-J
A-O
Extension
Creek
39
15
9%
71.J
85%
J-J
.
,
3%s___1951
Beech
f Bell
.
1951
stamped/;
J-J
t
'
<
4s__—
ref
4s
1980
1985/
D
Bangor & Aroostook RR—
Con
A,
—
1968
Bklyn Union El 1st gold 5s-.—_—il950
Bklyn Union Gas 4s debentures—1969
Gen mtge 2%s_——__—_:
1976
Buffalo Niagara El 1st mtge 2%s__1975
~5%
10 Vi
16
*38
(Int reduced to 2.375% )
2001
7Vis 1-966 stmp pursuant to Plan A
(Int reduced to 2.25%)
2006
IA Rio 4e Janeiro (City of) 8s
1946
9%
8
__
1980?:
ser
1st
2008
1958
fund
110
89
103
*85
ser
assented
AExternal sink
15
*103
ser
assented
§AStabilization loan
101 Vi
M-S
M-S
,
2d
(Rep of) gold 6s
A4Vis
101
M-N
J-D
.
1st
f 6s
s
'/.;
1947
APeru
53
J-D
due Dec 1 1995
J—
conv
Bethlehem
ref 3Vis series B
sec
A4
64
53
M-S
3 Vis
Stamp
63 '/'a
54%
M-S
Beneficial Indus Loan 2%s
Panama
(Republic)—
AStamped assented 5s
■
due Mar 1 1996
fxd &>1 % % cont int)
Toledo Cincinnati division
96
99
f external
53%
85%
—due Mar 1 2000
(3% %
30
99
s
* 82V'b
86%
J-D
■
G——_____ due Dec 1 1995
S'western div
94i%
sink
83
A-O
K
Pgh Lake Erie & West Va—
Ref 4s series A—
-1
38
27V4
Municipal Bank extl s f 5s__
Oslo (City) sink fund 4Vis
57 V4
44%
101 %
M
Series
30
37
30
M-S
3 Vis
A-0
1%
A4%s
M-S
M-N
4V4s
Jul j 1975
4s ser A
Series
38
1956
fund
100 Vi
.
1957
Ext
40
98
6% (2%% fixed
and 3%% contingent interest) —
2008
sink
102% 103 Vb
J-J
Ref & gen mtge
Norway
External
104%
Series
54V4
(Int reduced to 2.125%)
Netherlands (Kingdom) 3%
4Vis
115'%
103i%
Series
11 Vi
11
27
(Kingdom of)
109
18
M-S
..
Stamped pursuant to Plan A
4
13
103% 103%
103 %
J-D
1st 4s__1948
Ry
57"-. ser B (4% fixed
contingent int)__July 1975
Ref & gen mtge 5%
(2% fixed
•/
/and 3% contingent interest)—
Minas Geraes
(State)—
A Sec external s f 6 Vis
114% 114%
M-N
M-N
mtge
and
_____
;
(City of)
6%
—
J-J
(1942 agree)—1963
ASmall'..
92
126%
122%
—_1964
4%s A.
Danville
29
B
*7%
J-J
—_1933
125'/B
Baltimore & Ohio RR—
(ass'td
agreement)
ASmall
unified
125 %
5V4
J-J
7>i
1922
125
84%
34%
7
4>/»
5 Vi
*__
A*
ASmall
§ ATreasury 6s of 1913
6%
__
79%
'
..1963
§ASecond mortgage 4s—
Atlantic Refining 2%s debs
1922
79%
July 1952
11
§A4s of
81%
Ry—
_
8v4
General
to
104%
79%
..——July 1 1995
4s
Atlanta &
11
(assented
102%
6
a-0
*9
1904
40
1995
4s;
§ A Atlantic &
of
103%
103 Va 103%
Topeka & Santa Fe—
11
A4s
105%
108%
103 Vb
A-O
11
9Vi
103%
106%
15
1966
9%
Vi
57
1,747
103 Vi 103%
P W Products Co 5s
9
9
9Vi
J-J
104% 105%
79%
10
(1942 agree)—1953
97%
110%
106% 107 Vb
103%
*9
ass'td
94
103
103 Vi
Q-j
1st mortgage 3%s
Atlantic Coast 1st cons 4s
New
21
494
105 %
A-0
Stamped
15 Vi
Q-J
agree—1945
96 Va
107
j-d
1969
Atchison
Q-J
94 %
92
10
94%
95%
103 Vi 103%
a-O
i____1959
deb 3s„
—July 1995
1st
103%
94%
gold 4s
Ann Arbor
95 Vb
1962
______
___
w
debentures
3s
5
;
debs
Tobacco Co
General
1922
debentures
3%s
A
1899—
76%
2%s
11 Vi
37'A
—
5%
*5
J-J
———4968
101 Va
*72
American
60
Amer
agree)—1968
100%
57
101 Vi 101%
3%s
*
10',%
M-S
2%s
1950
104%
104'/a
*107 % 108
2030
Amer
50
7
16
40
40
J-D
36%
104 Va
48%
2%s
53
10 Vi
A-O
48%
104% 104%
Telephone & Telegraph Co—
debentures
._1980
deductions
,1975
37
28 VB
:V
__
52 VB
52'/a
J-D
1957
companies
industrial
104 %
A-0
ASmall
*
88
6
A-0
ALarge
A5s
_
87
79
2%s
2%s
16 Vi
27 Va
120
31%
31
*35
"f\ ASmall
.
83
Susquehanna RR 4%s__1975
<& Western 1st gtd 4s__1998
Mfg 2s debs
1956
American
J-J
7s
mtge
Allis-Chalrners
*31
and
J-J
ALarge
,
20
~7V4
M-N
ASmall
A
83%
*
A-O
196?
1943
PA5s Assented to
1
86'%
83 '/a
81
1952
ALarge
■
.
81
81
3 Vis
(Republic of)—
§A5s
-
16
89
Southern
31V/4
.1977
_;
A Small
4s
—
85 %
88
Great
J-J
agree__1943
1922
to
small
ANew assented
••
—
88
Alabama
J-J
1952
assented
s
A4Vis
■
130
'
84 Va
85 Vi
2%s
:
11
92
.
railroad
I
10%
Utility-
Metropolitan Water Sewerage &
Drainage Board 5 Vis
Mexican Irrigation—
•
130
"
*84
101 Vi
Albany &
7s
(Kingdom of) 7s___:
Jugoslavia (State Mtge Bk)
AMedellin (Colombia) 6Vis
!
15'%
90 Va
7
—
F-A
J-J
F-A
F-A
(City)
1977
A
.
—
133
J-D
•
12Vb
65
53
2
'
63
for
to 3%
Altaly
,
11 VB
6
'
92
11
5%
11
'
121
assented
1947
Credit Institute
/
59'%
—
conversion.
1977
extl s f l-3s
1%
B
Public
External
5s__
Consortium
Public Works
Italian
f
s
63
5Vi
16
3
7%
A-O
6
10%
*9
f-a
i960
.
68
Government—
Helsingfors (City) ext 6 Vis
.
55
5%
J,
_
9 Vi
91%
_1979
1937)
readjustment
extl
%s
20%
ft
1964
of
A4
55
126
6s
bond
3 Vis
9%
8-A
6s
fund
AWarsaw
21
9
J-J
{'6 s extl conv:
1978
4-4Vi-4Vas extl readjustment—.1978
14
9 Vi
ft
J-D
1951
.1946
3 % -4 Vi-4
102 Vi
9%
1960
fund
($
.
59
38
.
—
66
48
59%
10
%
J-D
1958
sink
*
58
—
"
59'%
9 %
1958
7s
Council 3Vis
(Republic) extl 8s
External
j
High
—
1962
sink
83%
52Vi
46
49%
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J-J
.
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extl
of)
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Jan. L
Low
59%
A-O
1962
AExternal
61Vi
56
(Kingdom)
AExternal
77
75
J-J
*60
assented
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f
J-J
2012
County
§AUruguay
J-J
*__/
extl—
sec
(Prov
A4Vis
Sydney
A-0
B
Range Since
Sold
No..
High
*60
J-J
external-.
secured
A8s
M-N
French
A
Serbs Croats & Slovenes
79
(Republic of)—
extl
Greek
97
1942
6s
5%s
gold
s
extl
79%
M-S
..1968
Stamped pursuant to Plan A
(Int reduced to 2% )
1955
20-year
Salvador
4s
78%
1956
A6s extl dollar loan
(State)—
gold
External
60
41'/a
2004
Stamped pursuant to Plan A
(Int reduced to 2.25%)
47%
M-N
Stamped assented (int reduced
to 6%)
extended to
1960
§ A Denmark
44
40
loan
water
Bonds
Friday's
Bid & Asked
(continued)—
(State)
extl
7s
78 %
1947
7s
a
78%
35%
3
76
1970
5s
(Rep
J-J
70
70
76
*75
__1946
1947
1952
1953
1951
1977
3s external s f $ bonds
5 A Colombia Mtge Bank 6%s
§ASinking fund 7s of 1926
§ A Sinking fund 7s of 1927
Copenhagen
75 V4
A-0
Oct 1961
1928
A6s of
or
Sale Price
Low
San
Colombia
Period
New York Stock Exchange
Jan. 1
Last
Interest
BONDS
Range Since
Low
No.
High
Week's Range
Friday
Week's Range
Bid & Asked
Monday, May 30, 1949
FINANCIAL CHRONICLE
BOND
YORK
NEW
BONDS
&
105
61%
102
99
105 '/a
*35
30
Bush
Terminal
Bldgs
5s
gtd——I960
'
A-O
•
__
Stamped pursuant to Plan A
(Int reduced to 2.375%)
AExternal
2001
F-A
2012
F-A
27
32
36%
36%
1
33%
38%
25%
26%
18
24%
29 Vi
*28
A-0
1953
6Vis
sec
*
30
California Elec
Stamped pursuant to Plan A
(Int
reduced
to
2%)
26 Vi
Power
1st 3s
J-D
—1976
Oregon Power 3%s__L_——1974
Southern cons gtd 5s A___1962
Calif
-i-
Canada
Rio
Grande do Sul
Canadian
(State of)—
j •
§A8s extl loan of 1921
Stamped pursuant to Plan A
1946
A-0
46
46
1
(Int reduced to 2.5%)
r
45
1999
A-0
34 Vi
34'A
3
29
34Vi
1968
J-D
35
38
A6s
external sink fund gold
Stamped pursuant to Plan A
(Int reduced
A7s
external
2% )
to
loan
of
*35
7s
reduced
1967 stmp
(Int
ARome
ASao
to
1966
J-D
M-N
2004
J-D
27
27
24
29 Vi
27
Vi
28%
-32
291/4
reduced
to
2.25%)
6Vis__
(City)
2004
J-D
A-0
1952
2001
M-N
1957
29%
27%
29 Vi
51
25%
54Vi
Celanese
53
Celotex
34%
44
46
54
44
Stamped pursuant to Plan A
-
fASan
(Int
reduced
Paulo
to
2%)
2012
M-N
47
1936
1999
8s
J-J
J-J
*58
1950
(State)
J-J
33Vi
47
551/4
66
601/2
41
59
69 Vi
66
Stamped pursuant to Plan A
(Int
reduced
to
2.5%
A8s external
Stamped pursuant to Plan A
,(Jnt reduced to 2.5%)
For
footnotes
see
page
31.
69%
1st
69Vi
47
*60
J-J
59%
59 Vi
41
60
deb stock (perpetual)-.
mtge
A 5s
A-O
J-J
A-0
/F-A
J-D
•- F-A
M-S
-
103
105%
105% 106
4s
reei^tered
97 Va
100'/a
103
104%
115%
8
105%
107%
1
•
106%
108%
112 Vi
113%
112% 112%
"9
112Vb
113%
.105% 105%
2
105%
106%
98%
Ill
107% 107%
1
*113 Vb 113%
105%
- -
J-J
M-S
1987
- J-J
—.1987 1 - Q-J
1987 • - J-J
1987
99%
102
113%
106% 106%
97%
97Vi
Q-J
93%. 101 Vi
107%
59%
57%
gtd 4s
5s
1—
£&
11414 114 Va
"
"
*102% 103 Vi
Corp
registered
3
14
100%
114 Va
—
—
108%
'62
102%
103 Vi
100
101%
101%
101%
751/4
75 Vi
17
*101'%
Corp
General
A 4s
99 %
Adirondack Ry—
&
t ACentral of N J gen gold
A
1999
K
—1981
J-D
3s debs—
1965
A-0
3Vis debs
,j.——1960 v " F-A
3Vis debs (1947 issue)-—.——I960 /- F-A
§ACent Branch U P 1st gold 4s____1948 " " J-D
Central of Georgia Ry—
/ '
"" *
1st mtge 4s ser A
—
__1995 - * J-J
Gen mtge 4%s ser A_£.____Jan 1 2020 : - May
Gen mtge 4%s ser B__—__Jan 1 2020 - - May
Central Illinois Light 3%s
1966
• A-0
29V4
M-N
44
gold
gold
Clinchfield & Ohio 4s—_1965
53
%_
M-N
Stamped pursuant to Plan A
(Int reduced to 2.375%)
A6Vis extl secured s f
conv
Carolina
Carthage
1952
8s
4%s
__^_1957
gold 5s———Oct 1969
gold 5S"_—
—1970
4%s—
_1955
4V2&—_____—1956
Guaranteed gold 4%s
1951
Canadian Pacific Ry—
»:
*
'
Guaranteed
4%
29V4
pursuant to Plan A
(City of)
Paulo
2.25%)
Guaranteed
-
10
8
103
Ry—
gold
Guaranteed
Stamped pursuant to Plan A
(Int
Guaranteed
Guaranteed
2012
1926
46
National
100 Va 100 V
M-N
58
67 Va
—
to.,/
*101V8
751/4
75 Vi
75 Vi
58 Vb
58
58%
65
65
2
65
43%
45
36
42
52
108
108
43%
.
.
2
.
*108
"
72
58
54%
59%
205
49%
78'/a
57%
54%
59 Vi
342
49%
78
51%
50
52
48
70
40
—
::/.
--
Volume
169
THE
Number 4807
v
COMMERCIAL
&
FINANCIAL
CHRONICLE
29
(2337)
NEW YORK BOND RECORD
RANGE
l
Friday
BONDS-. ','
r
r
Last
Period
Sale Trice
c
%
;
Central
1
' '
,
York
New
1st &
1st
to Aug
*.■
1 1949)
3%s ser
mtge
B—
-1
.
'
F-A
A
Div
1st
gpld 4s
cons
ref
series ,B
4%s
1st &
ref mtge.
1st
ref
&
-
128
"
| ■
IOOA
t§ADul So Shore & All gold 5s.—1937
101'/2
99%
'
3
'106
•
J-J
■'
-
128
East Tenn Va & Ga Div 1st 5s__t.1956
M-N,
97
101
Ed El 111
101'/8
(NY) 1st cons gold 5s
1995
Elgin Joliet & Eastern Ry 3iAs____1970
J-J
97
1041/4
106%
El
118-'
120%
110%
110%
1097/e
34
106
111%
--r«—r——..1965.
Erie Railroad Co-r^'
'
Gen mtge inc- 4%s ser^ A—Jan 2015'
1st cons mtge 3JAs ser E___
1964
1st cons mtge'31/08 ser F
—1990
'
1st cons mtge G'/aS ser G_
2000
1st cons mtge 2s ser H_
.,—1953
Ohio Div 1st mtge 3VtS1971
•
:
ni2
•
__
1997
Ill
111
F-A
111
J-J
1985
1982.
111%
13
.1
% 111
■
'•97%
•
3
IO91/2
7
98 'A
3
94%
18
98
38
Af-N
36%
mtge 4s
Jan 1983
&
Pac
conv
inc
101
1st mtge 4s series A
65
87
k;;6
60%
77%
53
53
51
85
85
5
84%
99%
99%
33
99%
52 V5i
52%
53%
82
52%
441/4
45%
164
44%
54
50%
51%
72
50 Vi
59%
*90i%
911/2
"I:
86%
91%
51
107%
Apr
3
91V*
43
90%
76
J-J
J-J
1
76
•
70
103%
102% 103%
3
v
;•;
US'
104'/a 1041B K
A-O
100% 1007/«
1978
&
1974
15
>.
:
F-A
*
:'l
Wab <fc
-1st
f-;Vl01
/
99
M-S
13
102
102
M-S
50
50
103
104%
20
103% 103%
M-N
J-D
101%
103
39
51%
50
651/4
55%
59
M-N
104% 104 Va
102%
104 %
1949
J-D
*99%
100
100
M-S
401%
1961
J-D
81
81%
-
21
ser
ctfs
100 •%
108%
110'%
120
123'%
116
118'%
*119%
J-J
J-J
118
118
J-J
94
94
93%
97
94
J-J
*9278
L-
92%
J-J
*88%
90
86'A
90
J-J
76%
76%
75
78'/4
J-J
95%
95%
94%
96'%
62%
70%
10%
103%
*64
Feb
'
Feb
B—i.
Ohio
—
1959
,
A-O
7%
19
7%
101% 101%
3
100%
99%
3
7%'
101%
__
7%
RR—
101%
1975
J-J
Gen
mtge ino 5s ser A.__-__July 2615
ref 3%s seris D__
x, 1969
Gen. mtge inc 4b ser BI
.Jan 2044
J-J
65
65
1
65
74
A-O
98%
98'A
2
95%
99
53
54
1st
!
&
series B
ref 4s
Collateral trust 3%s—J
Gulf States
.
Utii' 1st. M
i.—
1968
*98
97
t
61/
97%
_.:•'./
103
1
103'%
101
_.
102% 102%
-
53
95%
14
*103%
A-O
•J-J-
99%
*97% 101%
M-N
...
,
53
-J-J
1976
2%s
,99%
-Apr
1st mortgage /3a—--—0—• .1978
.1969
3s debentures
J—-r~-
;
95
79i*
ser
3'/aS
1
99%
1976
Nil
..1990
0_.____.___2000
PJ
i
1982
._^___2010
R—i
—1961
deb, cti's A—-—
DJ
mtge
Gulf Mobile &
% 102 Vi
92ri
mtge
A Debentures
101
,106% ,111
99 '
102%
C 9 I
3'/as
mtge
1001/2
1001/2 100%
108 :,4 108%
Jf-N
J-J
87
82
84
84
..1973
series
Greyhound Corp 3s debs..
106%
4'94
102V%
89 %
*
I''-"':
1993
B.__
J-D
19931
72%
72
57
57
72 %
11
70 V4
H
86 »/4
5^3:
:
>68%,
J-D
Mich
Div
1977
1st 4s___^1991
trust 4s
1990
coll
mortgage 3s
J-J
.
J-J
Series D
82
105%
J-J
__
1961
Iron
3'/aS
&
Gas
3'/is
Gas
J-J
97i%
98
90 '/a
90'%
104%
>
Hudson
106 %
104 »/4
IO51/4
A-O
:
105
A-O
12
;
105%
1980
A Ad J
.
.
Jlf-N
43%
A-O
99% 100
Electric Corp—
104-
106%
100%
103%
Illinois
1971
M-S
9/.
45
5034
41'%
18 1
99%
ll';;,
.'■■10434 105%;
1973
A-O
1974
Af-S
Sou
3'/iS
1970
M-S
101%
15106% 1071/2
1st extl 4s
1955
F-A
°105
El
1st mtge 3s
Conn River Pwr
1977
N_-__:
Consolidated
Cigar Corp
Consolidated
Edison
of
1st &
20
103'%
105%
103%
106
107
%
ref
&
1st
&
1st
&
3s
A-O
A-O
-'96%
mtge 23/4s ser C
1972
J-D
'•99% IOO1/4
3s
D
i___
1972
Consolidated
Natural
Consumers Power
Continental
Gas
1st
Baking
Crucible
Steel
§ A Cuba
Northern
1st
mtge 2%s
3s
J-D
1968
2%s
J-J
1963
debentures
M-N
1979
:
E
ser
A-O
1975
debs..____1965
RR
1942
F-A
____1950
1951
J-D
J-J
-
-.1
L
331/4
J-D
—.1952
gold
102
104% 104%
J-J
102
1951
J-J
1951
F-A
/-A
Springfield
98%
96'/2
Div:
111
100
Cent
Joint
and
1st
ref
107%
Illinois
101%
102%
Indiana
111 & Iowa
102
Ref
Imp 2%s
ref
■
'''
-
7
:47.t
33%
J-J
28%
95%
31%
31%
§A6s series B deposit
receipts
1946
J-D
'•'321/4
Terminal
&
321%
35
30%
•
•■•-
.
1st
J-J
Deere
1963
M-N
Co
<fc
1978
Ry
Delaware & Hudson 4s extended
Delaware
Y
Lack
Lack
1st
&
&
ref
Coll
5s
Delaware
1st
mtge &
Denver
&
100'A
101%
C
104
15
102
102
3
lofv';
101%
93%
30
91
5
84%
6
81%
J-J
96
96
5
95
100%
J-J
100
100%
8
100
100%
"89
100'/4
J-D
1986
C...
Northern
:
M-N
51
51 Ve
9
5k%
A-O
tr
3 VsS
Grande
...
West
1977
58
57%
59 Va
13
*103% 104
*__
J-D
A Income
mtge ser A
contingent int)
Denver
&
Salt
Income
1st
Lake
mtge
89%
57%
69%
Pow. &
Lt 2%s
2018
Apr
60'/4
73
45
59
74%
14
21%
26
66%
66'%
70%
70%
*99%
53%
67
20
53%
67
121
67 %
70'%
99%
971/8
—
67
68%
13
66%
77
98%
J-D
lf-8
1976
89%
89%
CO %
61
87
40
98%
98%
7
96 %
98%
■91%.
i'65%
59%
-r-
fixed
?
vA-O
'
*102'
101
101%
104% 105%
50
1031/4
1051/4
1041/4 104%
1
99%
104%
A-O
1001% 100%
2
99%
100%
A-O
—..1968
101
105%
101
2
-
^^.1974
Kentucky .Central gold 4s
1987
Kentucky & Indiana Term 4%s___1961
Stamped
r_
:
:
.1961
Plain
-
-r-
23As
1
4V2S unguaranteed —i
Kings County Bl-L & P 6s__
Koppers Co 1st. mtge 3sL
{AKreuger & Toll 5s ctfs
J-J
*114%
114i%
J-J
*__
*98
100
1961
*97%
A-O
*170%
A-O
,10*1
ii.'
j.
102%
16
101%
103
1%
6
%
2
58
107%
116
*
If-S
Laclede Gas Light 4%s conv debs—1963
Lakefront Dock & RR Terminal—
MS
108
108
J-J
1959
100%
98
J-J
1961
:
114'%
65
J-J
•
■
JT..1997
_-_.i964
96
101%
'103
J-D
A-O
A__
series B
96
100'A
*100% 101
J-D
*
1975
ser
00
J-D
City Southern Ry ,1st 3S..1950
mtge 4s
Kansas City Terminal Ry
10^^404%
107 %
(4%%
(3%
87
651/4
M-N
Frankl & Clear 1st 4s„.1959
1st mtge 3%s
.
J-J
•:
241/s
70'A
A-O
*
1st
RR—
1993
•/:
93%
86
23%
70'%
70'A
A-O
July 1952
«&'Micb( 1st gtd gold .4s__1990city. Power & Light,2%s__J.97fr
mortgage -2;7/bS
£
_____1978
Kansas
68%
1st
mtge ser A (3% fixed
1% contingent int)
79
■
*64%
J-J
J-J
B
90
RR—
....1962
Kanawha.
78%-" 87%
1993
M-N
99%
89%
83%
95
K
96%
78%
1973
101%
92%
89%
102V4
92%
78%
3s
103
101%
loJfcir104
M-N
—May 1 2042
102%
1021/4
89i%
102
5
101% 101%
1973
Light
&
*100% 103%
*100
J-J
series
Jersey Central
div
ser
101%
103%
104
101:
1011/2
J-D.
Kansas
1
coll
Rio
98%
division
4-6s
Power
A-O
102
J
99-%.100
-
Co—
due...
& Essex
Tr
RR
Western
M
Income utge
Morris
West
&
J-D
101 %
J-D
4s
ser
100%
1
1963
1st
Great
100%
100
•■
*103% 104
J-D
1965
1965
23/4s debs
102 %
100
54
___^1956
5s
wuiiicocown
1978
101%
3
100
94%
A 1st
gold 5s series C___.
^^____1956
SAInternat Hydro-Elec deb 6s
:__1944
Int Rys Cent Amer 1st 5s B
.1972
35
Wk
99%
4
88%
J-D
D
A-O
100%
1963
C
A
31%
;
series
36..
,25%
I
4%s
80
,
1
33
100
O—
1963
A 1st 6s series-A—__TA Adjustment 6s series' A
8
■.
j,
N
mtge 4s ser D_
{International
,52
79
28%
J-D
&
ser A_:
1970
gold 4s____1950
Indianapolis Union Ry Co—
1
101%
•
3lf%
21
82
L
series A
5s
105%
&
3%s
gold/is
Chic St
1st
93%:
^...1951
1
1st ref
99;;.:
gold
1st
Registered "_L
103%
..
107%
103%
*90
r%
.
105 %
791%
1
101% 101%
103%
A
103
12
100
J-J
!50;i.
1946
1975
100
i
.1951
3s_.
3V2S
102%
94
100%
47
83
811/2
gold 3s____1951
Gold
102%
■
105%
101%
*102%
4
103
103 7/8
'. 6
i
105% 106%
82
106%
gold
10
§ A Deposit receipts
§A7Vis series A deposit rets
Dayton Pr & Lt 1st mtge 2%s
1st mortgage 3s
1st mtge 3s series A__,
Dayton Union Ry 3 Vis ser B
105%
101%
103Vs
101% 101%
100
1st
,
IOOI/2
101
*100
M-N
7
•'Iv. 7
101% 101%
Div
103
101%
II
70
102
M-N
*99%
100%
33
3s
*35
A-O
J-J
9
••■80
J-J
Jf-S
F-A
,
gold
1st
Div
~
A-O
J-J
98%
.
:
103
50
*101%
M-N
1966
4%s
104
103
'
J-J
99%
97
102%
1011/4
103
J-J
i.___1951
4s—
+'
31/28.
1st gold 3%§J—
3s sterling
Omaha
43
-'48
22
II'"
Louisville Div & Term gold 3%s_1953
101% 101%
J-D
5 Vis
99
104
98%
ft_
St Louis Div &"• Term
101% 101%
94'
98%
J-D
1041/s
94%
101% 101%
101%
25i%
104%
96
;
.
106% 106%
M-N
Ry
1st 5s
105%
M-S
1966
5 A Deposit receipts
A Cuba
103
20
106
—
98%
97
-'102% 103V'4
J-J
mtge 3'/as
1st
gold
Western Lines 1st
Af-S
series
142
105%
York—
1977
ref 3s
21 '.
101
-I
104%
98
20 %
104
■■
r
106%
1982
ser
67%
21
103%
A
ref mtge
conv
15106
59
104
;
■—
mtge 2%s ser B
ref
&
1st
F-A
1965
3'/4s
.6
104%
°102 %
38
J-J
.1978;
,
„
104% 104%
1041/2
J-D
J-J
1961
New
ref mtge 2%s
1st
F- A
1978
1951
f 3%s A
s
gold
Litchfield
Ry & L 1st & ref 4'/2s
59/%
A-O
2%s series A-.1981
Cairo Bridge gold 4s
series L
1st mtge 3s series
96
103
59
;—..1951
1951
1st gold
1951
Collateral trust gold 4s_
..1952
Refunding 4s_;
;
>.___1955:
Purcliased line? 3'/2S-+———-1952
Collateral trust gold 4s
,____1953
Refunding 5s,;
1955
Commonwealth Edison Co—
Conn
98'%
90
101 Vi
59
.
Central,RR—
Extended
.-V100%
Ohio
Columbus & Toledo
4
12-
lOliJ lOliU
F-A
Feb 1957
1
Bell Telep
.1st
,
100
System, Inc—
debentures
M-N
Debenture
!>;?'
103%
103
J-D
A—^1962/
1st mtge 3s series B—4.
'
i—l
f 5s series
s
income 5S
1st
.1964
1st
97%
125%
95
108
11";.
is;;
,105%
100% 101
100%
:
Coal
2
101%
97
.
io5% 106
Valley Ry 1st 41/2si__i.—ryyy
Corp •23As_^^_j1970
Hudson Co Gas 1st gold 5s
____1949'
Hudson & Manhattan 1st 5s A__~1957
—
«97%-^;>
105%
'
&
*124'%
Household Finance
Illinois
debentures
Columbus
J-J
87 y2
*;: 8i y4
.
Hockmg
Corp—
debentures
Columbia
s101%
A-O
1977
1st mtge & coll tr 4s.rr.__
Columbia
•.
16
96%
1211/4
971%
*93%
621/2
:•
v
A-O
1973
(stamped modified)
&
3
1051/2 105% ~
Ul".., no4%; 1051/4
F-A
1972
1st mtge 4'/2s series C__L____
Colorado & Southern Ry—
Fuel
5T
->■
if-ft"1''1*.'-:1'.
-
J-D
1950
1st mtge 5Vis series A.
1st mtge 5s series B_._
4Vis
58%
!;,02'
Hackensack Watei: 1st mtge 2%s_J.1976r5
"
Cleve Short Line 1st gtd 4%s
Cleveland Union Terminals Co—
Colorado
107;i
\
"
M-N
1970
Pittsburgh RR—
3%sgtd
1__
59
"■
*56
'
1.1982
.
■
Cleveland &
A
99
1st &
103
100
»lll
F-A
'
debs
>
103
20
•
A
1021/2 >-104%
,.1
•
.72%
106%
102
J-D
Cleveland Electric Ilium 3s.
N
87%
100
*99
1969
23As ser
Gen mtge 2%s- ser
Gen intge 2'As ser
Green Bay & -West
.
1966.
impt 4Vas -series E__.
Louis Div 1st
3s-
89'%
80
•
Ref
Cin
..
99%
84
M-S
Co
4%s
Gen
'r.
101%
J-J
1969
Gen
<
102%
r
6
102% 103
1962
'
St
72
95%
80
J-J
.
77
69
• ,'•
101% 101%
103
(B F)
General
103%
.74%
pf, 5
1975
gold 4s
series
63
2
81%
& Utilities Corp—
General 5s series C
98%
'
101%, 102
,& St Louis Ry—
5s
30
99'/2
81%
J-J
..1956
Co cons 5s
of Berg
Gen
70
1952
4s
.27/bS———
General
64
*__
A-O
1st mtge 2%s_1965
Great Northern Ry Co—
^ ;
General 5%s series B
.1952
Goodrich
1
'-(0
J-J
J-J
mtge gtd 3%s series E
1st mtge 2%s ser Gil
'City Ice & Fuel 2%s debs
General
63
63
J-J
M-S
A4s conv inc debs
107%
90%
103
...
J-J
1st
4s
—
deposit
of
Sugar coll trust 6s:
Gas & Elec
,
106
104
*101%
J-D
1963
1st mtge 23/4S
Co
*106%
65
'
*103 Va
J-D
•
107 »/8
107
90%
...
Cincinnati Union Terminal—
Chic
IO51/4
106%
103%
107'A
*106
A-Q
103%
Francisco
99'/2
1963
ref 4 '/is series D
Ciu
Certificates
94%
J-D
1994
_
1st mtge 3 yas_ series F
1st mtge 27/8s ser G
Chic & West'n Indiana conv
City Investing
ref 5s series A.
1st &
A
—1959
.19,74
1st 4%s
tFlorida East Coast
65%
40
Chicago Union Station—
"Cleve
112%
105
.
.
,
3s debs—..1961
& Rub
Tire
Firestone
5
J-J
1951
_1951
1st mortgage
112
120%
75%
40
J-J
Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'eastern Ry—
1st & ref M 23/4-41/4S_
1994
1st &
2
"7
—
IOo'/B 105%
A-O
1st -5s—^1965
Southwestern
General Realty
1994
5s
3 Vis
Cine Gas & Elec
101%
"
6
40
Apr
A.Jan 2019
ser
Chicago St L & New Orleans
2%-4%s
100
75
118
>::•;••;••
J-J
mtge 3s ser B
1989
Chicago Rock Island & Pacific Ry—
Income
601/4
ft
Apr
1st
Gold
80%
Apr
.—Jan 1 2044
mtge conv 4%s
74%
7
.
v-i
'80
'80
J-J
Chicago & North Western Ry—
2nd nitge conv inc 4'/2s...Jan 1 1999 "
AGen
49'%
22
112 i/b 112%
*145%
Af-S
stamped
■.
1111/4
J-J
A__Jan 1 2019 "
ser
B
ser
75
75
'
J-J
1994
4%s
99'%
46
RR—
A
ser
mtge 4%s inc
Paso
5s
A
A 2d
mtge 4%s inc ser A
Jan 2003
Chicago Indiana & Southern 4s
1956
Milw St Paul
100 % 100%
High
97%
46%
:•■•;
39
*120//; I'.wL
*
J-J
1st
15
#. •*
98 •%
1001/4 100%
jJf-N
,,
AGen inc mtge 4%s_>,____Jan 1 2038
Chicago Ind & Louisville Ry—
Gen
991/2
49%
99'A
105'A
122%
12
111
J-J
Chic
Jan. 1
Low
.
1970
mtge 4s inc ser A
Range Since
Sold
No.
High
101%
101'A
<i. "A7
100 7/b 101'/8
■•119% 127..
.
/J-J
v
1988
A 1st
100%'
Bonds
Friday's
*48%
.
F-A
103'/8
1
13
100'/4 1.00V2
•
•>.
F-A
1st mtge 3%s ser B
Chicago & Erie 1st gold 5s-r
Chicago- Gt West 1st 4s series A
.
100 ;
v. : 2
106
101
J-J
_1985
inc conv 5s
mtge
991/4
J-.T
debs
2.35s
or
Bid & Asked
Low
J-J
Chemical
Duquesne 'Light-:Co 23As—s—-—,1977
•
••
...1961
Dow
;>-wv.4.
.-';:. "
101',.101
103'/2
Chicago & Eastern 111 RR—
A Gen
•
High
102 Va
.19
'•
'
127% 128
.
100'/4
•
■
.J-D
1977
mtge 27/as__..
'■
104'/4 104 'A
F-A
:
3%s
•.
,
.F -A
__—
—
&
f-j.
.M-N
1989
2d consol gojd 4s
1989
Chicago Burlington & Qulncy RR—
General 4s
.1958
1st
i.
MS
General gold 4%8----+
—1992
&c Impt M.3%s series D
.1996
Ref & impt M 3%s series E
_1996
Ref & imp M 3.%s series H
.1973
&
Sale Price
.
Ref
R
Last
Period
New York Stock Exchange
Low
15
•;
noi'/V
,'
J -J
;
103
1 "W-
V?
F -A
^
Week's Range
Interest
BONDS
Jan. 1
No.
loo,^;.;. 100 ,Vioo%' V;
V*.
Champion Papey & Pibre; deb 3s:—1965
Range Since
Sold
High
103
•{.
1974
1968
Chesapeake & Ohio Ry—-
Low
A-O
•
ENDEp MAY
'
:\F-A
gtd gold 4s_1949
ref series A
(4%%
t
3s______1974
Power
Central Pacific 1st ref
Bonds
Bid & Asked
.'.v
.fV'tV
»"
WEEK
Friday
Week's Range
or Friday's
Interest
1
.
New York: Stock Exchange
i
•
FOR
l'%
•
1 %
Detroit
contingent
Edison
Gen
&
ref 3s
Gen
&
ref
3s
conv
Detroit
&
A Second
1993
series
2.%s
H
series
gold
Detroit Term
1st
81%
22
104% 104%
77%
.
82
10m
27
110
10^/8
105%
& Tunnel
ser
page 31.
B
99%
4
98%
99%
108 Vt 108%
32
105%
IO91/4
1995
J-D
*G8'/b
J-D
1961
4'/2s
M-S
J-D
1995
...
Det Tol & Ironfon RR 2%s
80%
*107% 108%
1982
lien gold 4s
see
J-D
80%
1958
4s
For footnotes
M-S
.1970
I
debentures
Mack
J-J
1966
int)
3%s series G
Jlf-N
1976
M-S
99
'*69
73
891/2
37
731/4
64%
75
991/2 IOO1/2
*88 %
66
71
99%
88
105%
89
1st
3%s ser A
1968
Lake Sh & Mich Sou gold 3Vas_1997
mtge sf
3%s registered
.1997
116
113
116
J-D
J-D
*82
35
81
96'%
J-D
*73
77
747/b
90%
30
(2338)
COMMERCIAL
THE
&
FINANCIAL
CHRONICLE
Monday, May 30, 1949
NEW YORK BOND RECORD
RANGE
Friday
Last
Period
Sale Price
or
Nitrate
Co
1075
1870
Lehigh Valley Coal Co—
58
-1054
stamped
5« stamped
.1964
58 -mmjjcu
,1974
stamped
Lehigh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s ext_lS50
Lehigh Valley rr—
UB
4s
stamped modified
4s registered
4Vis stamped modified
4Vis registered
stamped
No.
High
Low
Dea
92%
93
A-O
91Vi
91%
91%
91%
09%
p-a
99%
99%
1963
J-J
tN Y Susquehanna Ac Western tut—
§ A lst refunding 5s
1937
97
J-J
Y Steam
§A2d
101%
1943
Telephone 2%s ser D
Ref mtge 3yas ser E
Ref mtge 3s series P
Niagara Palls Power 3%8
Norfolk Southern Ry Co—
1982
1978
1981
1966
J-J
gold
r-A
*83
88%
88 y4
93
§ATerminal
r-A
58
61%
15
57
70%
J-j
67
67
8
60
72%
32%
33%
142
32
33%
7
Jf-n
35
28
34%
33 Vi
40
40
35 Vi
33%
Jf-n
Jf-n
41
31%
41%
30
N
40
32%
66 '/a
*—
A-O
107%
1962
AGen mtge 5s conv lnc
2014
Norfolk Ac Western Ry lst gold 4s_1996
Central gen Ac ref 5s
1974
46%
5
32
42%
17
35
49%
Northern
74
Northern
r-A
1963
A-O
120
1966
1st A ref mtge 3s
1979
& Nashville RR—
1st <fe ref M 3%s series
P__2003
1st At ref M 2%s series G
2003
1st & ref M 3 Vis
ser H
*103
108 y4
103
__
103
26%
*107
103%
4s
Ref
104
Ref Ac
106%
107%
Coll
Jf-S
a-o
90
90
A-O
Louis Div 2d gold 3s
I960
1955
Jf-N
81
Jf-S
Knox & Cine Div 4s
90
*78
a-o
2003
Atl
trust
Northern
99%
99%
90
79%
83%
lst
98
99%
93
92%
a-o
98%
105'%
11
101%
103%
109
79%
3
75
128
128 Vb
11
128
128%
112
128
112%
Q-r
Q-A
60%
J-J
2047
J-J
86
2047
J-J
85%
85%
1975
MS
99%
99% 100%
*—
107'%
85
105
—
99 ya
99%
*—
38
107%
99%
98
96%
•
•60
60%
57 VB
78%
86%
*
101'%
•58%
7.'
79'A
85%
44
58%
106%
64%
61'%
20
78%
88
10
85%
95
17
/ 851/2
58
86
57%
99 Vi
95
103%
Power Co—
1974
r-A
*98'%
A-O
1978
J-J
99'%
99'%
99'%
98%
~2
98%
99%
100
'
19'"
3s
lOl'A
'
„
— —
'
J-O
1979
M-S
1979
mortgage
3%s
75
97%
1
108 Vi
99%
1975
lst
22
73
__
2047
mtge 2%8
Northwestern
'
—
79
A-O
mtge 2%s
109 V*
—
ms
mtge 3s
(Wise) lst mtge 2%s
93%
107%
►108
*108%
Q-J
Q-J
1997
4Vis
lst
.
102% 102%
--
—
35
16%
103 '/a
ms
Jan 1 2047
lst
94
97%
2047
3s
States
(Minn)
1
19
99%
74 %
3
*104'%
J-J
46%
28
1974
impt 5s series C
impt 5s series D
Ref Ac
391/4
16%
97%
M-S
107%
35
*69%
r-A
97'%
106%
41%
16%
"}■'
1
High
63'%
96
1997
registered
Ac impt 4'/is series A
108 ya
Louisville
lien
■
55
Railway—
4s__
registered
3s
102%
*107% 107 »/a
Pacific
General
50%
4Vis series A
ref
lien
107
108
103% 103 Vi
MS
Ac
Prior
123%
107
19
J -D
1951
Lorlllard (P) Co deb 5s
38 debentures
Louisville Gas A Elec 3 Vis
64%
67
124
107% 107%
M-N
1902
lst
Y
Gen
A-O
A-O
5s
gold
Low
4
:
__
*37%
M-N
4%s
IK
551/4
*95%
Jan. 1
No.
High
*__
p-a
5s
I:'1
Range Since
Sold
106'% 106%
p-a
1937
1940
gold
2003
Little Miami
gen 4s series A
A
Lombard Electric 7s series a
Corp lst 3Vis
§ A General
33
Bid & Asked
55%
——
Bonds
Friday's
or
a-o
3-3
96%
32 Vi
Sale Price
-*.-1977
90
Jf-N
2003
1993
gtd 4s
Gas 2%s
88%
2003
modified
lst cons
N Y State Elec Ac
93 Vi
*__
Jf-n
Last
Period
Low
r-a
2003
Week's Range
Interest
:
BONDS
New ifork Stock Exchange
High
89%
2003
Lehigh Valley Terminal Ry ext 5a_195l
Lexington <fc Eastern Ry 1st 5s_1965
Liggett & Myers Tobacco 5s
1951
St
27
r
Jan. 1
N
A
ser
MAY
N Y Ac Putnam
mtge mcome reg
Lehigh Coal & Navigation Co—
5s
Range Since
Sold
Ltd—
A 1st
BP mtge 3%s
ENDED
Friday
Bonds
Friday's
Bid & Asked
Low
Lautaro
WEEK
Week's Range
Interest
BONDS
New York Stock Exchange
FOR
M-N
97
97
Bell Telephone—
debentures
106
106 V*
1051/4
—
IOC'%
M
Macy (R H) Sc Co 2Vis debs
Maine Central RR
4Vis ser A
J?1!8® &
XI
Manatl
con 48
ser
1972
101% 101 Vi
i960
3-D
1954
B
3-D
Sugar 4s sink fund__Peb 11957
68 %
M-N
'J5 RAj8outhem Lines) 4s
1959
1972
J-D
Mead
Corp 1st mtge
Metropolitan Edison
Michigan
3s
1st mtge 2Via_1974
&
iqao
8
8ag 3^8
195.1
1st gold 3 Vis
lien
40-year
5s
^ri®r *ien
1
53 y4
2
101 y2
45
45
46
J-D
71%
71
*81%
V'"
•'
M-S
82 y4
25
45
5.7
68
7
78%
9
-.5. 64
61%
ref
1974
96
103'A
98 ya
100%
104
95
—
1
98'/4
103%
105
1979
1977
L—
Ac
ref 2%s
1981
3-D
series P
13
66
lst
ref
&
Pacific
M
Tel
3%s
1980
38
75%
43
44%
293
37%
1985
debs
84-%
87
217
75%
88i%
M-N
85
.
87
49
■
75%
24%
24%
25%
121
21%
85
86%
160
75%
84%
87 %
56
75%
55%
57
2
55%
1966
1958
104 V% 104i/4
3-D
1955
——
___
M-N
2000
1
M-N
1953
■_
•
29
■
11
1031/4
74%;
70%
71%
27
70 ya
93%
3
104% 104V4
•
2
91
lOQi/4
1988
lst
111
Ac
f gold 4%s—1955
s
■
103Vi
97
5
99%
'
95
98
■
1
M-S
103%
104 7/a
95
97%
105
105
100 'A
2
5
93'/4
iooya
103
2
103
1057/a
100%
105
95%
9
•
103 V'a
104i/4
1041%
*102'% 103
J-J
*104'%
\
~
98'%
.
56%
A-O
96 Va
5
102% 103
.
98%
•
104% 104%
97
■
series
4s
E trust ctfs
1952
(tJf-N
57%
50
55%
69%
103%
6
102 %
104%
103
103 >/4
101%
56'A
103
■
J-D
3s
debentures
f
s
Pennsylvania
Cons
27
4y2s
General
5s
General
4y4s
Gen
Conv
93%
Gen
series
a-o
.1960
r-A
series
99% 101%
101% 101'%
4y4s
A
.1965
J-D
99%
.1968
3-D
1033/4
.1981
A-O
series E
.1984
3 Vis
mtge
A-O
.1985
series P
92
2
100 Vi
102 7/„
12
113%
116
J-J
99'%
80
84
98'%
28
92%
91'%
100 VA
■V
99 Vi
103'% 1037/a
92
J-J
.1952
3 Vis
deb
101
114% 114%
—:
D
B
series
mtge
104'%
—1965
'103
101 %
RR—
sinking fund 4%s
General
75%
,•
101Vb
95
v
A-O
81%
93%
a-o
16
debentures
104Vi
Jf-8
1960
58%
75
1978
Pennsylvania Glass Sand 3%s
102»%
53
debentures
Pennsylvania Power At Light Co—
1st mtge 3s—
1975
104%
101
-•
54%
74%
M-N
197$
53
74%
M-N
1986
*101%
53
103'%
1
97
'
l
A-O
Gtd
62%
r-A
—
103%
101%
103
99%
•
1015/a
14
103
Pennsylvania Co—
88%
M-s
15
101% IO2'/4
A-O
1987
A3%s conv income debentures—1960
,
88'%
r-A
102'% 103
Pennsylvania-Central Airlines—
27%
85
1986
debentures
Paducan
88'%
M-N
a-o
103%
101%
3-D
debentures
3V'as
46%
84%
104%
102%
c„
J-D
3%s
88%
43%
:•/?;
106%
102 Vi
11
'•'
3-D
1982
R
ser
2%s
Tel
Ac
Q
3Vas
80%
86%
106
8
103%
102%
3-D
3s
1
104'%
103
—.
j-D
ref 3s series N
106% 10C'%
104
103 Vi
J-D
series M
Ac
lst Ac ref 2%s series
70%
67%
1991
2%s
16 Vi
100%
■
——
'
69'%
64 ya
66
'
66
1981
debentures
series
Ac
lst
85 y8
67%
J-D
J
lst
74%
79%
1971
ref 3s
lst Ac ref 3s
53%
71%
J-D
series K
i
J-D
1970
1st
87
85
1949
.
*__
104
104
A-O
1966
1st Ac
62
1980
& fef 5s series I
11
"7
98-%
■
102%
*63
„V
M-S
1979
w°S-„^.Mal°ne 1st gtd gold 4s
asawft
3v"s series b
S
£
& Co 3s debs
SSStf M 5s seriesgtd 3¥ts
Constr i58iex lst
A
12%
102'% 103
*98'%
3-D
lst Ac ref 3s series
103 ya
85
'
p-a
iSSH
h
*11%
102%
r-A
1978
A—1960
ser
lst Ac ref 3 '/2 s series I
100
67%
67%
a-o
.1977
4s
*£ 4^s series B
M°Ka!f States Tel At Tel
3y®$
1975
Electric 2%s
Ac
2%s
1965
series
A-O
Pacific Gas At Electric Co—>
81
107%
Co—
gold 5s
MS
105%
78%
J-J
ref
Gas
1974
3s
.
lst
mortgage 3Vis
Oregon-Washington RR 3s
RR—
A
1st At ref 5s
series G
gold 5 Vis ser A
1st At
98
53 y4
J-J
1st At ref 5s series P
a
53 %
Jan 1991
1st At ref 5s series
A
A General
A
2
102%
J-J
4 Vis series D
1979
8eries A—1967
RR
98
105%
102 y2102 y2
J-J
J
A
__
Jan 1971
B
»isiC.Um1adJUSt 58
IMissourl Pacific
V
8
66
*103
1962
y
A
1065/e 106%
'
J-J
series
Oklahoma
8te Marie—
series
:
•
43
M-S
1962
4s
__
71 Vu
98
1990
lst mtge
mtge 2%s
3-3
4s
100
101%
•70%
M-S
ser A
Mtwourl-Kainsas-Texas
Prior
98%
1021%
102
__
*__
1969
mtge
£* inc ser A
0 Kansas & Texas 1st 4s
•
1st
1948
—1975
guaranteed
Ohio Edison
103 V
100%
3
101%
M-N
J-J
A-O
lnc
97
100 Va
__
100
A-O
ge
98
103%
1940
X Paul & 8ault
91%
*100
Mining At Mfg 2%s__1067
X
85%
*104% 105%
M-0
If A Midland of N J
1st ext 5s
„
89-%
i02yai02ya
3 Vi8-1969
mtge 2Vis
1st mtge 3%s
a
*97%
§ Alst
,
M-S
1979
I
tOgdensburg Ac Lake Champlain Ry—
95
A-O
1952
R®{ & tmpt 4Vi8 series C
i°«;
Co?® Gas l8t mtge
1st
.
71 Vz
.92
68%
*100%
M-N
Bell
Telephone Codebentures
Michigan Centrali.--
*—
O
101%
68%
92
89%
J-J
i960
89%
Jf-N
Stores 2Vis debs
w
100%
68 Vi
92
92
103%
28
92%
110
V 101%
91
101'%
99%
11
100'/a 1001/4
118
CO
100 >/4
91
102
'
81%
13
80
87
Peoples Gas Light Ac Coke Co—
3s
N
N*1STS? ^attanooga
1st mtge 3s
r-A
*86%
2%s debs.1970
3-D
100% 100%
12
1970
3-D
104% 104 Vi
14
103 Va
1965
A-O
104
19
104
1967
J-D
*99% 100%
1954
Jf-N
1952
J-D
100
1961
Jf-N
l982
A-O
1988
1986
3-3
r-A
*80
1974
jf-a
103% 103%
3-3
*99
3-3
104
Nat!™*! pteeI
Corp lst mtge 3s
Supply 2Vis debs
SWCk RR l8t gold 48
*
1
Ne*.Ef,gJand
Tel & Tel 5s A
1st gtd 4Vis
3s
series B
debentures
I
N6T T»nS6M Bel1 TelePhone 3Vis
ii«tlon RR gtd 1st 4o
wf™
New
rt
^Wy Power At Light
3s
Orleans Great Nor 5s A
1983
New Orleans &
Northeastern RR-Z.
Kef At Imp 4
Vis series A
1952
New Orleans
Term 1st gtd 4s
1953
a? Orleans Texas
lst
A
5s
series
l8t
a 1
A
5s
series
Vis
1964
of
ACertificates
of
P-A
Marquette Ry 3Vis ser D
1980
M-S
1974
r-A
Phila Bait
105
Ac Wash RR
General
105%
100%
series
5s
1
100
101%
6
117
100% 100%
10
100
99%
103%
103 «/4
117%
lst
Ac
101 y4
lst
Ac
ref
lst
Ac
ref
ref
lst
Ac
ref
•
„
—
*103%
98 Vi
j-j
103%
ref
2%s
3-D
-
-
—
96
2
114
1
114
*109% 110%
61%
16
99'/a
116%
109
13
93%
27
104% 105
110
104%
106 %
101
101
1
99%
101%
102
102'/«
4
100%
1021/4
100 Vi 100%
5
99%
2
99
2%s__
1981
3-D
100
2%s
1978
r-A
101% 101%
j-j
101Vi
t§ A Philippine
Ry lst 1 f 4s
ACertificates of deposit
1937
Phillips Petroleum 2%s debs
1964
100 V\
v
•: -t
«...
100
91%
13
1
101%
100 %
100%
102 'A
104
'
95 %
93
Cons gtd
95
Cons
87 %
92
9%
4s series P
_1953
r-A
--
3-D
9%
8'%
-
«...
Pittsburg Bessemer Ac L Erie 2%s__1996
Pgh Cine Chic Ac St Louis Ry—
90
90%
91
16
M-N
105%
98
101 % 101%
105
M-N
8%
5
102'% 102%
20
*96'%
5
99i/i
J-D
gtd 4s series G
1957
M-N
*105%
1960
p-a
*103%
gtd 4%s series I
1963
p-a
gtd 4%s series J
Pgh Cine Chic Ac St Louis RR—
8%
•.'•"
8%
101%
10%
10
102 Vi
97
99%
105
*102'/2 108
Cons
A~-o
95 Vi
96
20
92 V i
107%
105%
103%
109 %
113%
110
__
105%
103 y4
—
109% 109%
95
114%
1964
M-N
mtge
Gen mtge
97%
93
-
5s
series A
1970
J-D
101 %
101
101 y2
12
100%
107
5s
series
1975
a-o
101
101
102%
16
100 %
108
3%s
1975
a-o
*—
82%
Gen
mtge
B
series e
52%
54%
151
61%
2013
PK-isb Coke Ac Chem lst mtge 3yas_1964
A-O
57
56%
58 y4
175
54 y4
66%
2013
River RR—
62%
62%
64 Vi
74
60%
73
3-3
73%
74
20
68 Vi
81%
3-3
64Vi
75
1998
r-A
55
57
r-A
*__
54
*109%
__
83
89
Pittsburgh Consolidation Coal—
A-O
C
3Vis
1999
E
r-A
1998
72%
*—
r-A
71
"53%*
49 Vi
22
4
52 y4
61
56%
3%s
50%
1
60%
49Vi.
3-D
97 Vi
*92 Vi
B„_.1975
A-O
*—
—1951
2000
r-A
2043
97 Vi
10
debentures
Pittsburgh
Pittsburgh
1st mtge
lst mtge
58
Steel
lst
gen
gen
4%s series D
Pittston Co 5%s
90%
86%
91 y4
Potomac
99%
0
99%
.
W—;
100
:
5s series C
-lst
92%
Elec
:
lnc debs
lst mtge 3 y4s—1966
P.wr
mortgage 3y4s
;lst mortgage 3s
100'
Providence
100
Public
1974
1977
1964
lst
Jf-N
100%
103
100 V*
103
1977
.1983
Terminal 4s
86
93%
*84
81%
84%
P-A
J-J
100
J-J
100
lOOVu
106
*__
J-J
108
M-0
*—
M-N
102% 103 Va
99%
95
95
95
—
68
69'%
Jf-N
—
75
75
3
75
81
1968
J-J
1st Ac ref mtge 3s
2037
J-J
60%
60 %
60%
124
60
.-69%
lst
2037
J-D
37%
38'%
241
37%
48%
lst
1972
M-N
105 %
105
1964
J-J
100%
100% 100%
Y New Haven At
Hartford RR—
4s ser A
2007
AGen mtge conv lnc 4yas ser
A-2022
Harlem River At Port Chester—
lst 4s
—1954
1st At ref
mtge
4s
jyae 1992
A General 4s
May
Jf-N
M-fl
1955
J-D
ir-p
3s
72%
,
,
J-J
lst mtge 2%s_.l»75
page 31.
95
67 VB
38
102
73/4
—
102
:
7%
3%
*100
102
2
8 %
29
3%
10
100Vi
102
7%
Service
Elec
&
Ac
&
ref
ref
mtge
mtge
3 y4s
8s
3s
108
102%
99%
99%
101%
103%
Gas Co—
debentures
lst Ac ref mtge
107
102
*102% 103%
1956
100%
106%
.
Jf-N
6
99%
*107
p-a
1973
4
—
*108%
147%
107%
__
147% 147%
220
36
; 220
105ya
1
1
108 %
146y2
148
215
220
104
105Vs
100%
102
103%
11'%
3%
5
98%
100
Oueker
Ooti
9%i»
r
109
J-D
J-J
•
92
J-D
1973
West 4a series A
92
107%
_1963
;
92%
81
80 Vi
,
85%
2043
4Vis series B
101%
100 >/4 101
*84
a-o
100% 100 Vi
J-J
101
A-O
-
99%
102% 102%
3-D
11959
4%s series B
98%
101
a-o
,.1958
4%s series A
90%
.
J-J
.1958
lst mtge 4%s
*100% 102
Ac West Virginia Ry—
'94%
__
1965
M-N
1st mtge 4yaS series C:
:
—i960
Pitts Youngstown At Ashtabula Ry—
lst gen 5s series B
:
1962
*
A-O
Mtge 4s series A
•Mtge 4s series B
51%
51%
49%
1985
2 I Connecting RR 2%s ser
2 I FSk ,lst gold 48
K
J* Harlem gold 3Vis_._
10
52%
52%
.I960
P
see
111
104% 104%
98 Vi
1967
52%
3 Vis registered
N Y Power At
Light
11%
.
1974
'
1907
IAN Y Ont At West ref
517/a
-
.
—
106%
6
13
114
j-j
103%
104
92%
4y4s
2%s
Ac
tr
2Vis
106
lst
*104% 106 Va
92%
coll
199®
ser
-
9
52 Vi
Philadelphia Electric Co—
117% 117%
1977
1961
1971
Philadelphia Co
1997
gold
52%
Co—
B
General gold 4%s series C
.
r-A
w?£8 reSl8tered
Cent
For footnotes
1974
102
r-A
199®
Ne4r York
Chicago At St Louis—
Ref mtge 3
^
Pere
U0'/a 110%
m
Gen
•
coll gold 3 Vis
H
Pekin Union Ry 5%s
Peoria Ac
102
P-A
19S4
deposit
mtge 3%s
3Vis registered
H. Y Lack At
Apr
Cons
General
8h°re coll
A-O
ext
4s
4s
Cons gtd 4s series H
deposit
A
lmPt 5s series
J Central At Hudson
ser
A-O
193*
Ne* York
Central RR Co—
Cons 4s series A
Ref At
impt 4 Vis series A
Vis
100%
98%
*101% 103
3-3
198®
of
3-D
89Vi
D
1?' 5Vis series
1st mtge 3s
104 Vi
89%
99%
of deposit
series
^Certificates
*'
84%
deposit
C
Certificates
4
1st
89%
At Mexico Ry—
B
^Certificates
A
1963
1960
Apr 1990
Eastern
Ac
A Income
iq«m
iJ°!uk D?iry
3s debenturesProducts
debentures
conv
Peoria
At St Loula—
B
ser
...
Volume
169
THE
Number 4807
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2339)
3.1
NEW YORK BOND RECORD
RANGE
Friday
Interest
Last
Period
BONDS
Sale Price
New York Stock Exchange
FOR
WEEK
ENDED
MAY
27
Week's Range
or
Bonds
Friday's
Bid & Asked
Low
High
Jan. 1
No.
Low
Friday
1
Range Since
Sold
Interest
BONDS
New York Stock
Exchange
Rochester
&
Gas
Low
M-N
86%
86
103 Vi 103'%
102
—
93%
Vi
*s
t§ARutland
4%a
Electric Co
Union
104
1st mtge
3s
1969
J-J
1941
stamped
MS
1949
nsmpcu
M-S
J-J
125
Oil
2%s
MS
106
8 Va
8
105%
S'/a
Va
o
8
Vi
,c
106%
Va
Biscuit
Saguenay Power
series A
3s
M-S
1971
St Lawr
& Adir 1st gold 5s
gold 6s
Rocky Mt & P 5s stamped
St Louis-San Fraricisco Ry Co—
1996
1996
J-J
104%
97%
A-0
1955
"301
J.J
2d
St L
1st
A
St
mtge 4s
2nd
series
A
mtge lnc 4 Vis
Louis-Southwestern
1st
4s
2d
bond
inc
4s
"99 Vi 101
85%
84%
85 Va
51 Vi
53
83
of
108 Va 108 %
J-J
Q9
92
J-D
A-0
"102Vi
Scioto V & N E
M-N
C
102% 102 Vi
*'106%
6
debs
6
100'%
103'%
■
104%
103
1
99%
101
4
100%
103
92 Vi
A-O
—1976
debentures
91 Vi
11
92'%
91%
93%
99'%
101 Va
"93%
A-O
1959
debs
"96
-
—
Af-N
1967
3%s
If-S
*
94'/a
"96
78%
101 Va
93 Va
100%
78'%
94%
96
96
75'%
78'%
F-A
-1975
80
"103%
1
—
108 %
—
108
J-J
83
83
1995
M-N
100
IOC
1973
A-O
106 %
102%
■
106
21
—
—
106
10
—.
83
98%
103%
107%
110
104
■';\A
100'A
102%
.
108%
A-O
102%
--
.103%
-1958
128
....
107%
99% lOC'/a
A-O
106%
100%
i
M-S
-1963
103%
"105
—
M-S-
2003
127
105
M-N
Virginia Electric & Power Co-
92
106%
__
103
100%
100% 100%
M-3
1966
.
109%
%
101
—
"
1991
;
.1978
105
"128
J-J
1989
109%
100
102% 102'A
102 %
F-A
1957
88%
61%
85
103
J-D
;
-1955
83
32
1 6
Q9
17
Amer—
100
51%
146
series
Pictures
103
86
99%
51%
Gen & ref gold 5s series A
1990
St Paul & Duluth 1st cons
gold 4s_1968
St Paul Union Dept 3%s B
1971
1st gtd 4s
108%
109%
100
103
76
77
M-N
—1989
High
100'A
70
J-J
Nov 1989
ctfs
Low
"88
103
J-J
1970
Ry—
certificates
bond
70
—
May
1997
Jan 2022
ser A
Jan. 1
No.
v
.
Rubber 2%s
S
2%s
Universal
"109
M-N
-1976
Co.
debs
2%s
M-N
A-0
1967
RR—
2%s
mtge
United
U
deb
3s
debentures
Ref
12%
Calif
of
Pacific
2%s
10
8Va
1971
debentures
Union
106
3V8
3%s
2%s
1975
—Xi-i—»......1968
debentures
Union
M-S
of Mo
& coll trust
■
mtge 3'As series J__
t A Rut-Canadian
RR
"
A-0
1977
1967
1967
Range Since
Sold
High
U
Elec
Corp—
Gen mtge 4'%s series D
Gen mtge 3%s series H
Gen mtge 3 Vis series I
Bonds
Bid «fc Asked
High
R
Reading Co 1st & ref 3 Vis aer D—199S
Reynolds (R J) Tobacco 3s debs__1973
Week's Range
or Friday's
Last
Sale Price
Period
104
1
83
100%
4
96
106%
5
98
-Vi
100 %
103'/8
106'A
Seaboard Air Line RR Co—
1st mtge 4s series A
Shell
(Jos E)
Union
Oil
2 Vis
1966
101% 102'%
A-O
t§ASilesian-Amer Corp coll tr 78—1941
F-A
Skelly Oil 2%s debs
Socony-Vacuum Oil 2 Vis
1965
J-J
1976
J-D
South
&
Nor
Southern
3s
Ala
Bell
RR
gtd 5s
62
69%
10
95%
9^.
96'%
21
96
"54'%
56
96
96 %
1963
27/8s
J-J
102% 102'%
F-A
"95%
Pacific
100'%
103%
96%
"123%
—
—
1987
Indiana
123
96%
123%
J-J
98'%
98'%
J-J
73
72'%
94%
98%
1994
Ry 2%a
8
73
(Oregon Lines)
A
MS
1977
94%
94'%
95'A
67
1969
M-N
85
85
86'%
101
1981
M-N
83
82'A
83'%
46
San Fr Term
1st mtg 3%s ser A-1975
Pacific RR Co—
&
Devel
T—1 o o
—
E
1986
J-J
1996
J-J
1961
J-J
1994
J-J
1956
A-0
89%
G
gold 5s
&
gen
6Vis series A
1956
A-O
104
104
1996
J-J
1951
J-J
Southwestern Bell Tel 2%s debs
3 Vis debentures
Standard Oil
(N J)
104'%
A-O
96%
M-N
41
M-N
1971
F-A
Sunray Oil Corp 2%s debs
1966
8
1972
7
M-N
5
&
27/8s
Co
2%s
debs
debentures
95%
35
94%
17
109%
)
56'%
63
54
63'%
i
54'%
38
52%
62
A-0
99% 100'/a
190
99%
101% V
100% 100%
1
99'%
100% '
M-N
97
M-S
89%
J-J
68%
3'As
mtge
Co
&
Central
1017%
Certificates
120
97
89%
171
79%
12)
68'A
86%
15
100'%
101%
1
j
3
98'%
99%
>
98%
100
98%
«!
236
100'%
"100V?
__
—
100
101'%
j
100
ft 101H
V
99'%
|
J-D
M-S
A-O
1960
98%
J-J
1958
J-J
98%
2
99% 100
97
10
102% 102%
1
96'%" 100
102'%
113
77
1949
J-J
Af-N
76'%
77
92
45
46
38
72
J-J
1st
Ref
<fc
Ref
imp M 4s series C
imp 2%s series D
&
Texas
Corp
Texas
&
New
ref
1st &
ref M
Texas
M
1st
Term
RR
of New
2
115%
19
104%
gold
A-O
2000
J-D
5s
-1985
90%
i-
126%
98%
102
2
118%
97%
102
51%
2
53%
A-0
impt 3%s_ -I960
Tri-Continental Corp 27%s debs
-1961
J-D
"—
M-3
"99
50
100%
& Ohio Cent ref &
in
Included
127
Lt & Power
delivery
the
year's
not
included
the
101%
Bankruptcy Act,
100% 102
51
98%
Tol
Elec
Deferred
a
in
the
§Negotiability
102
J-J
Jan 1960
24%
23'A
26%
190
2%s
.-1976
97
95%
—
97%
101%
101%
104%
101%
"105 %
105%
J-J
"94'%
94
94
99
97%
26
98%
J-J
3%s
46%
101%
90
14
M-S
1971
*
J-D
1979
Service
49'%
106
95%
91%
126% 126%
98%
J-D
1960
95%
—
kW
J-J
Orleans 3%s_ -1974
Ry 1st ref 4s
income 5s
"
Public
74'%
41'%
116%
99%
104% 105'%
A-O
1990
Ave
AAdj
116% 116%
"100% 101%
104%
Yonkers
-1970
3%s series C__
Gen & ref M 3%s series E
Texas Pacific-Missouri Pacific—
Third
M-N
RR—
3'As series B
Pacific
&
J-J
A-0
-1965
Orleans
1st &
-2019
.1985
deb
3s
1976
2%s_V_.
mortgage
Wisconsin
78
74%
41'%
Certificates of deposit
Wisconsin Electric Power 2%s
21%
45%
range
n
included
impaired
as
by
A
100 %
Bonds
selling
the
year's
sale
not
d Ex-interest,
range,
included
in
the year's
e
Odd-lot
range,
r
sale
not
Cash sale
y Ex-coupon.
"
maturity.
being in bankruptcy, receivership,
securities
or
in
Under-the-rule
assumed
"Friday's bid and asked prices;
102
99%
not
year's range,
tCompanies reported
71%
98%
sale
by such
reorganized under Section
or
companies. V
77
of
*
sales being transacted during current week.
no
V.
flat.
NEW YORK CURB EXCHANGE
WEEKLY
In the following extensive list
furnish
we
ending the current Friday, May 27.
bond, in which any dealings have occurred during the current
Friday
STOCKS—
.•
ACF-Brill
Acme
,
Wire
Adam
-'v
.
Motors
Aluminum
Acme
Co
Hat
Par
Alloys..
1
common
Stores
Inc
Air-Way
Electric
Alabama
Great
-Alabama
Power
(N
Alaska
Alles
&
Allied
Altes
Fisher
pfd
Inc
Products
(Mich)
Corp
common
Brewing Co
Altofcr
Bros
1
5
$3.75
•
Co
of
America
cumulative
preferred
Mfg
Aluminum
Goods
Aluminum
Industries
Aluminum
American
Ltd
American
American
Car Co
Beverage
-
common
Book
For footnotes
class A
common.:
Co
see
32'/2
Jan
American Fork & Hoe
3% May
1% Mar
4%
Jan
American
1%
Jan
4%%
7'%
.
6
--
—
95
5 '/a
700
4%
V
4%
•
•
3'%
300
5'%
page 35.
3,600
97%
200
93%
23%
23%
300
5%
44%
2,700
1
%
%
%
900
1 %
1 '/a
100
1
&
*
common
Electric
"lo
100
—
—
'
—
convertible
Hard
Rubber
Co
American
Mfg Co
American
Apr
—
__
Maracaibo
1'%
Jan
Feb
2%
Feb
31%
Apr
Jan
34'%
Apr
12% Mar
13%
Jan
13
.
X 50
21 VB
250
24'%
6,400
30 '/2
100
.
American
Potash
3'%
3%
5,100
8
3%
8'A
8'A
200
•
Mar
98'/4 Mar
Class
;
American
26'%
Jan
Jan
Amer
51%
Jan
Chem
class
A_
*
♦
B
$6
series
Jan
American
Writinsr Paper common— —»
Jan
Anchor Post Products
5%
preferred—
0
25'A
Mar
14
3%
31
5'A
Feb
Jan
8
Feb
10'A
Jan
Feb
41
Jan
23'/a
Jan
28% Mar
Jan
24'%
1,100
22%
23'A
5,800
21% May
2% Jan
25%
—
12,200
'A Mar
7/a
A
'%
80
500
x4%
x4%
100
5%
1,060
79
—
Apr
15'% Mar
22 '/a
V-
Apr
Mar
—
.
:
•
preferred
2 5'A
Jan
25
24'A
23%
x237/a
23
Thread
24'A
■
Republics
2
Seal-Kap common
Superpower Corp common— -10C
17%
30'% May
Jan
34
—
American
6%
&
2%
Jan
May
x21
:
.
Jan
114% May.
32%
■
2
Feb
45% May
Jan
27'%
;
—1
18%
Jan
100
30'%
Meter
Jan
200
•23'%
-
'
American Metal Products commonCo
17%
37%
111
1,200
'
33'%
x21
23'%
American
54
Jan
% May
:
61
21
25
400
2'A
30
13
_
Co
5.700
.325
29%
25 *
common
17%
43 'A
33»%
20
Laundry Mach
Light & Trac common¬ —25
25 s
preferred
Iligh
6% May
Mar
G
1,100
i 2 Vb
2"8-'
30
American
er
6%
17'A
1
preferred
Low
42
43 »A
,113%
American
Mar
9'%
43% May
.
'
;
Range Since January 1
T:V,<
113'/a 114'%
v'r
•
com__..
American
1
6%
Shares
High
:
6 'A May
46'% May
250
f
17'%. Jan
"
23% May
5'A May
43%
.....
5
Mar
6
__
3'j
Jan
Apr
3'%
Gas
Low
Light—
—
American
6
Feb
Feb
47
43%
100
Jan
46'/a
5%
—
Mar
92 Va
&
American General Corp common— -10c.
$2 convertible preferred
1
95% May
Feb
2'%
6
7
Power
preferred
$2.50
Apr
97%
23%
\
15% Mar
5%
Jan
B
Apr
Jan
300
—
100
•
Feb
3'%
—
47.
6%
83
1,200
5
7'%
10'% Mar
91
125
5'/a
—
—
Feb
5%
__
95%
4%
v
Jan
8'A
5'% Mar
•
common
Bantam
Class
Cities
Sales
for Week
Range
of Prices
Par
Jan
•
common
High
3%
600
—
Aluminum
Last
Sale Price
American
__
9
Week's
STOCKS—
New York Curb Exchange
Jan
--
1
common
__
5%
1
Investing
1*-.-
1 Va
1,300
..
l
27
% May
1% May
1,400
1%
8%
—
100
^
common
Internat
Allied
4.20%
Airlines
4
—
8
50
-
800
—
5
Appliance
Southern
1%
3%
1
J)
500
1%
1
Inc
MAY
21'A Mar
4
•
Associates
..;VVV/'
Low
•%;
__
1
Supply Mfg
Surpass Shoe Stores
Ainsworth
Mfg common
Agnew
ENDED
Range Since January 1
High
1 %
1%
10
WEEK
Friday
V;
Shares
%
Air
v
Low
FOR
Sales
for Week
Range
of Prices
warrants
Aero
,
Week's
Last
Sale Price
RECORD
year.
RANGE
New York Curb Exchange
YEARLY
a
complete record of the transactions on Mew York Curb Exchange for the week beginning on Saturday, May 21
It is compiled from the reports of the Curb Exchange itself, and is intended to include
every security, whether stock
and
or
AND
58
4%
28% Mar
Jan
3% Mar
Jan
80
Feb
4
Jan
May
%,? Jan
•
1%
1%
66
J8n
Angerman Co Inc
common
5%
5'A
a
;
»-
•
—
5%
Feb
4% Mar
7'A Feb
»
104
112'/8
*113
1936
deposit
§ASu & Du div &r term 1st 4s
RR Assn of St Louis—
101%
Ry—
of
'
j
97%
A
Terminal
102
68%
100'
1967
§ A 1st general 4s
A
100
89%
MS
J-J
4s
j
100% 100%
Af-N
D
1st
B
97
J-J
1949
mortgage 3s
S
100
t
1973
series
1st
107'A
May
_1P'71
debentures
conv
^Wisconsin
97
98%
101%
"101% 102
107'A
j
;
107%
debentures
107%
107%
54 %
Winston-Salem
96%
97%
98%
J-J
106%
106%
—
99%
104%
52 34
1st
103'%
97
98'%
99'%
__
M-S
Wilson
52
102 %
1966
guaranteed
Gen & ref M 2%s series A——1992
Wheeling Steel 3'As series C
1970
105%
41
55
50
■——'■■
99
Af-S
2.65s
98%
96
5
series I
55
'
2361
4s
1st
Wheeling & Lake Erie RR 4s
104
103%
41
102% 102%
95%
96
J-J
1973
■96%
110
102%
Power 3Vis
Shore
2%s
108
J-J
Swift
102%
107
103%
.3%s—
"50
F-A
—
98
104
"105%
Apr
2%s debs___1966
deb 2%s
14
102% 102'%
1983
■84%
100'%
108
1985
Spokane Internat 1st gold 4Vis_.2013
Calif
9
gtd
Funding<«& real estate 4%s—„ 1950
25-year gold 5s
j
1951
30-year 5s
__i
1960
Westinghouse El & Mfg 2%s
1951
95%
100'% 101
•
106'%
Western Maryland 1st mtge 4s
1952
Western Pacific 4'%s inc A
Jan 2014
Western Union Telegraph Co—
87%
89
stpd
5s
Registered
116'%
43
104'%
92
87%
7
loi
2361
West
101
84
Ltg
mtge
West Penn
95'A
92%
92%
100%
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
101%
111%
A-0
2
'X
*107''A
5
1956
88
105
J-D
81%
93
6s series A
RR
;1967
79%
89%
88
105
A-0
*104% 105%
100
113
Af-N
(subordinated)—___1970
F-A
7
'
98%
J-D
80%
83
1
100% 100'%
1950
21
"92 %
I
V1.
1st ref gtd gold 3'%s__2000
Washington Terminal 2%s ser A—1970
87%
112'%
76'%
99'%
Westchester
80%
.
69%
96'%
98%
86%
80%
gen
Standard Oil of
Warren
85
";
83
6
2
77%
94%
H oo
&
Devel
A
J-D
F
4s series A
gen
debs
Gen
4Vis
80%
1
69'%
97
Baking Co—
5Vis
97
80'A
69%
M-N
debentures 3'As_1976
conv
80'A
97
97
97
8
4Vis
Devel
Apr
Apr
72%
11
Gold
1st mtge 27/as series
1st mtge 2%s series
1st mtge 2 Vis series
Southern Ry 1st cons
Apr
Walworth Co
Co—
Gold
Southern
Jan-1981
Gen mtge inc 4 Vis series B—Jan 1991
1st mtge 3'As series B
1971
Walker (Hiram) G & W 2%s debs_1966
Ward
debentures
Southern
95
Gen mtge 4s inc series A
54%
101%
Co—
debentures
Southern
A-0
97%
25
100
25
'
w
Wabash RR Co-
2
—
101% 101%
96 'A
1985
Tel
&
2%s
4 Vis
30
1979
Tel
debentures
1st
100
63
95%
96%
96%
25
62
95%
62
J-D
1971
debs
101%
J-J
Jan 2016
Sons 2%s
&
J-J
1996
AGen mtge 4 Vis series A
Seagram
6%
—
5%
8
Apr
Jan
Mar
Vo
COMMERCIAL &
THE
(2340)
32
,
EXCHANGE
CURB
YORK
NEW
y
MAY 27
FOR WEEK ENDED
RANGE
Monday, May 30, 1949
FINANCIAL CHRONICLE
;
Friday
STOCKS—
of Prices
C010
Par
New York Curb
Range Since January 1
Shares
"3%
200
5.%
5%
105% 1063A
100
2%
700
~3
5%
1063A
2%
2%
0% preferred.
Arkansas Power ft Light $7 pfd-
•
Aro
83A
6,100
5%
9% May
8%
21,900
500
5%
Jan
9% May
10%
Jau
10% Feb
114% Mar
Clayton ft Lambert Mfg
CUnchfield Coal Corp common
conv
.
preferred
Electric Industries—
500
6'A
Feb
8%
2,800
16%
Feb
19%
Jan
Cockshutt Plow Co common
21%
22%
800
21% Mar
23'%
Feb
Colon
7%
X7%
700
7% Mar
8%
Apr
•
l.
t'-te*'".
Colonial Sand ft Stone
)
1
"%
T%
IIII*
Associated Tel ft Tel class A
—
IIIBO
Atlantic Coast Line Co
40
16%
%
2
Jan
5
4,900
14
1,700
5%
5%
600
4%
73A
7%
400
..
Vtc
4%
Mar
11%
Jan
11%
11%'
Continental Car-Na-Var
Babcock ft Wilcox Co
4 7'/a
48%
35%
47%
1,500
35
47%
—*
—
100
Baldwin Locomotive—
7ft preferred
Baldwin Rubber Co
32% Mar
36%
Jan
American
May
May
3% May
Jan
5
shares
—-
$1.20 convertible A common
Basic Refractories Inc
Baumann (L) ft Co common
■
Beau-Brummel Ties common
(AS) Shoe Corp
~4
~3 %
~3%
1
1
13% Feb
*6%
*6%
1
75
10%
~9%
9%
X
—
5 %
1%
IVa
1%
100
1%
Jan
36%
36%
36%
300
33%
Jan
:""V:2)ur-Aprrf
Feb
37%
Apr
•
26%
Jan
38
35%
Jan
Apr
x45
13%
6%
6%
200
11%
3%
200
3
11%
2%
4,100
6%
300
--
Blue Ridge
Corp
common—
1
Blumenthal (S) ft Co common
(H O) Co common
BVift prior cum pfd__
•
Bohack
-
6
,
14
"
6%
6
29 '
63
65%
20
62
Mar
74
15%
250
15
May
21%
Apr
British-American Oil Co—
*16%
1,900
17
700
'4%
4%
15% Jan
"4% Jan
18
Apr
;6
Jan
22%
Feb
15
Apr
15
J*n.
Apr
11%
14%
14%
50
31%
31%
20
Apr
13% Feb
31 %
May
19% Mar
*
31% May
11
Jan
11%
Feb
Ltd—
ord reg;
Power class A
1%
10s
•
2%
2%
2%
100
1
Brown Forman Distillers
4ft cum Junior pfd__
Feb
21% Mar
—*
Class B
9%
9
9%
1,200
2 % May
9
Apr
2
Jan
23%
Apr
2%
Jan
10%
Jan
Jan
Jan
16'% Mar
4.% Feb
36% Mar
3,700
-5%
5% Mar
Jan
14'%
150
3% Jan
Jan
hi
8% Jan
6% ApV
„
Jan
42
5%
.
'
5 ft
■
4%
Feb
Jan
41%
30% Feb
1
Feb
7%
Jan
6%
U May
200
6%
1,000
2
3%
4 %
2,000
6%
400
3
J.3%
.
5$%
May
*
5 % Mar
5Ve
Apr
Apr
Feb
'
--#»;5%
Jan
1 %
Jan
Miiy
~Y^5
5
,
■
Apr
!Apr
_
^14%
.
Day Mines Inc..
—SB
Dayton Rubber Co class
„B0c
Dejay Stores common.
B
Dennison Mfg class A common..
;
Jan
334
Jan
5%
Devoe ft
Amer
dep rets
11
500
14%
15%
1,600
14
8%
8%
200
2%
Apr
8
2%
14%
11%
2%
May
11% Mar
12%
Feb
Apr
1%
Jan
Jan
Duke Power
2% May
3%
11
3%
100
3% May
4%
"4%
BOe
~4%
700
4% May
3% Feb
5%
7%
7% Feb
1
;
.: 4%
2,500
1
1%
6%
.
CO 10 O IO
"7
I
I
•
common
»
6% May
20%
1
•
II
Feb
Jan
20% Feb
8% Mar
Jan
7% Mar
22.
Mar
Jan
22
20
Canadian Industrial Alcohol—
_•
7%
—
7%
200
7'% May
10%
Jan
8
7%
J
60
!III#
24
100
25
-
24
75
X60%
60
60
£1
1
*
1
Texas Sulphur,
i
17'
May
33
Jan
14%
*
:«22'%
Apr
"lO'ls
9% Mar
't*
Jan
3% May
►
12% May
20% Mar
500
Oo.
May
Feb;:
65
May.
"via
Feb
Jan
32%
May
»79
■
2%.
>
„
7%
3
100
7% May
9%
Jan
Canadian Industries Ltd—
Apr
1%
200
2%
Jan
2% Mar
*11 % Jaii
3%.May
II !l
.
11%'
11%
5%
Feb
IUV2 Mar
100
12%
Jan
4'A
Jan
preferred-
..100
Eastern Malleable Iron-
3
Apr
300
69
May
77
Feb
625
69
Feb
75
Apr
4
" 72
70
72
1,600
3%
70 '
69 %
70
—2B
8%
1%
1%
*
53
125
45'A May
bensflelal int—
Washing Machine elau B
300
11 %
Mar-V..'
125
60 v
Mar
13%
Id pfd
~
•
I
13%
13%
05'A
5%
6
66 %
-
-
6 Va
14%
1,880
8%
10%
26,400
109'A 172%
14'A;
3,300
14'/b
Jan
13% May
60% May
-
Jan
10
5% May
1,800
Jan
54%
75
47
06 %
shares of beneficial int
Marconi
1
"T %
"I'/B
"1%
5
13%
13%
13%
100
8%
8%
100
3
3
200
3
1
2.80
Carman ft Co
Carnation Co common.
-
-
—
—
•
Carolina Power ft Light $5 pfd
Carr-Consolidated B!«cult Co—
——L.--
*
1
3,500
44%
125
45
1%
12
May
May
1%
Jari
Jan
21
7% Mar
8%
Apr
Feb
3%
Apr
40 %
Jan
Apr
48
109% 109%
25
109
Mar
111% Mar
3'%
7,500
2
Feb
4% Mar
Feb
15% May
;:i %
May
-1, 174
Feb
8%
8%
Option warrants
Electrographic Corp common—
110
Feb
6
Jan
8% May
9%
•
Jan
13'A May
Ltd—
A ord
12%
£1
Amer dep rets B ord
2
2s Od
Mar
100
x4% Mar
24%
24%
27%
350
24% May
1
3%
3%
3%
1,000
3'/a May
1
~4%
3%
•
common
ft Co
Catalin Corp of America
Central Maine Power Co—
~434
10
Carter (J W) Co common
^
Feb
74% May
77
20
1
10
10
100
88
88
75
85%
Jan
550
5%
Feb
100
common
Inc
Conv preference
77
77
10
6'%
6%
62
7%
240
65
Chamberlin Co of America
Oharls Corp common
Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines
Voting trust ctfs
page 35. :
*
Feb
Feb
6%
125
5%
6
6
400
5
May
3
Jan
35%
3
1
10
B
10
4
*
55
6 %
—
2
2.50
9 % Mar
5%
~
10
Cessna Aircraft Co common
Equity Corp common
$8 convertible preferred
Esquire Inc
Eureka Corp Ltd
Eureka Pipe Line con
x6%
x6%
.
1
83(t
3%
7
8%
10%
11
61%
10%
—
61%
Feb
Jan
300
:
,
3
600
6% May
7% Mar
—1
May
"8%
.
100
100
1%
2,900
31'%
—-
100
32
5%
Feb
Feb
11
1%
Ipi
Apr
7%
Apr
-'-■■■
13:!4-,Apr
—
17b Mar
Feb
5
f»
%
J0
4%
500
7 3/s
.35%
31% May
4
1,200
Mar-"- ; ;
'A May—.....
Feb
14
—II
"
Feb
.47a^Mar
iB0
Jap
Feb
18
:
Jan
Jan
4%
Jan
ft Instrument
Fair child Camera
Airplane
Fansteel Metallurgical
79% May
^.Jan
88% Apr
7%
67
7%
Jan
May
Apr
Fire
Association
(Phlla)
First York Corp common
$3 dlv cum preferred
Flshman
Be
to
(M H)
$1
1
1
*
10
lOo
1
Co—
Stores
7% May
Jan
3
Jan
Amer dep rets ord reg..
Ford Motor of Canada—
1
12 %
4%
4'A
900
'12 y4. Feb
8,400
33A Feb
13
,4%
17 -%«
10%
11'A
62
J
61 %
62
2%J
.2%
1,600
2%, Apr
■i
Apr
Jan
77/8
Jan
Jan
19'A
1,000
800
Class B voting..
10%
19%
Class A non-voting
4
5 Va
19 %
36%
Ford Motor
of
33
4%
Jan
16
Feb
May
Jan
13%
Jan
64%
Jan
Feb
Franklin Simon ft Co Ino common
17%
1%
200
6
Jan
10% Mar
8.,
400
6
Jan
9V2 Mar
4
*4 ft
Fuller
conv
preferred
(Geo A)
Co
Jan
Feb
23
Mar
Feb
"J."
France—
10% May
5%
21
173A Feb
20
%
u
8%
%
2,100
Amer
57% Mar
Apt-
^ 65'/2 Jan
% 2% Jan
1
27
14'%
5
-£1
Jan
5% Mar
13%
Fdb
59% Jan
25
27
27
8%
160
1,600
2%
163A
.
^
Ford Motor Co Ltd—
9%
25
May
—1
Feb
4%
36
15
4%
—I
Mar
1,150
14
co
1%
6'A
12%
1%
T
——
dep rets bearer
Fort Pitt Brewing Co
Fox (Peter) Brewing
50
1
—
'
6'A
12%
101%
Feb.
97
—
1
lOo
Fair child Engine ft
pfd
100
(Central States Elec 6% preferred—100
7% preferred
100
Conv pfd opt dlv ser
100
Conv pfd opt dlv ser 1929
100
preferred
Central Ohio Steel Products
2
;
Central Power ft Light 4%
.100
Empire District Electric J ft pfd
Empire Mlllwork Corp
Emsco Derrick ft Equipment
13% Mar
2%
-2%
Jan
63
Apr
55
45%
Assoclitss—
Electrlo Power ft Light $7
2%
1% May
300
55
preferred series A
$S preferred series B
$7
Sugar
37% Mar
37% Mar.
Eastern States Corp
Eastern
--•..
100
Capital City Products common
Carey Baxter ft Kennedy Inc
Feb
6%
9% May
-
3%
..104
prior preferred
Electric Bond ft Share common—
preferred
i
Jan
14% Feb
10% Jan
-
..
Jan
26% Jan
I
133/8
12%
1
Jan
Jan
4.2
Apr
2%
10,700
74
Corp..
4% %
Easy
•
3%
„
•
$5 pfd shares of
preferred
Class A voting
Class B non-voting
Apr
•
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Duraloy (The) Co
Durham Hosiery class B common
Com
•
common
-
^
3%
Eastern Gas & Fuel Assn com.
4%
9%
2%
23%
J•a-
19'% May:
•
IIa»
Apr
Jan
—
..
15%
1% May
4
600
20%
19%
'
May
7% Jan.
6% Jan
1
Driver Harris Co
%
May
%
9,200
7,200
May
VI3 4
11 %
•
100
2
JaU
"'
Jap
i
13
•
Draper
22 %
13A
Jan
6Va
132
1
Dominion Textile Co Ltd common..
Jan
May
'4,200
—
5
3,200
«? v
Feb
9'% May
-
-
—£1
ord reg..
Dobeckmun Co common
4%
10%
r.
sea
>
;
Jan
May
9%
16%
Jan
700
Reynolds class B
Dominion Bridge Co Ltd
Dominion Steel ft Coal class B_
Dominion Tar ft: Chem Co Ltd
•14%
8
1%
19'%*'
v«
Jan
25
200.
.
1
13%
8 :"
xll'%
1
Domestic Credit Corp class A
Feb
4%
7%
I'40
I
25
'
.J
Distillers Co Ltd—
Jan
1,700
I
For footnotea
•
1% May
X.
Xl IVa
—10
Jan
•
Investors
: I
,
5% Jan
500
5%
:.7%-7%
9'%
9%
*9%'
1
Detroit Gray Iron Foundry
Detroit Steel Products
.
28'% May
25-
28%-•
..
—8
common..
Detroit Gasket ft Manufacturing-
Jan
1
Electric Power
Camden Fire Insurance
Canada Bread Co Ltd
,-25
-100
8ft debenture-
2^y2'
$ 5%
lOo
_
9%
1
California
■
5%
1
Davidson-Brothers Xne common—
20%
Calif Cotton Mills Co
Century Electric Co
i
Jan
6
%
Mar
12
\\
-.
D
-l.it
Davenport Hosiery
Feb
Calgary & Edmonton Corp Ltd
rets
■;
-.4% May
"
5.
.Jan
17% Jan
102
Mar: ..105% May
--$y,
50"
5% Mar
r V
8% Mar
—$
(Mo)———
,
Jan
2%
14%
50
5%
f13%
May
30
190
2,500
I100
Jbo
' Mar
2
400
65
16
15%
common.——
Mfg Co
-
•
.
4%
3%
Curtis Lighting Inc common—
^Curtis
5,600
1,900
%
U
60%
preferred-—
Cuban Tobacco
32 %
12
Cuban Atlantic Sugar common
14% May
12%0
Calamba Sugar Estate
Century
4%
,100
.
39%
31 %
2
•
700
2.50
Cable* A Wireless—
American dep rets 5% pfd
8.60 ft
15,%.
M
4%
II10
400
•
Cable Electric Products common
(A M)
1,100
5'A
-
0%
preferred-
Duval
Castle
5%
37 'A
I2B0
Crystal Oil Refining common
8%
Co-
Casco Products
5
15%
l»
800
6%
Duro Test Corp common
V
-
i..
U
4%
changed to
Thorofare Markets Inc
Amer dep
5%
•
8%
Name
Carreras
V"} 2%
.
May- A
7% Mar
■^>•
800
8
7%
31%
4%
•
dep rets
Canadian
Mar
y-28% Jan
Apr"
2
.M
8%
2.00
Burr* Biscuit
Corp..
7 ft
Jan
J-14
11% May
■'
■
"
-B0
4%
'
Bunker Hill ft Sullivan
Burd Piston
Ring Co
Burma Corp Amer
,
1 %
.% May
.
>
i—1
1
Buckeye Pipe Line.
Ltd
•
.
500
."
,
%
—
10
Brown Rubber Co common—
Bruce (E L) Co
common—
Bruck Mill* Ltd class B
Convertible
,
8
nil
Derby Oil Co
11%
Apr
9%
<
21% May
Apr
10
11
ardreg—__
Canadian Canners
__
'
Jan
7
21'/a
15%
•
Canada Cement Co Ltd
6 Mi % preference
J nn
•,>",':3% Jan
25'% May
.
British American Tobacco—
Amer dep rets ord bearer
H))
May
jl0 3 %
2% May
500
11%
11%
Jan
5
—
•
<P
May.i'
Feb
15
——
Butler
1.18
May
79 %.
Jan
28 Va
—
.
7% Mar
33
15
Close A
Amer dew rets
British Celanese
,• Amer dep rets
British Columbia
■
63
——
;
Apr
Jan
100
•
Brazilian Traction Light
ft Power—.*
Breeze Corp. common.
1
Bridgeport Gas Light Co—
*
Bridgeport OH Co.—
*
Brlllo Mfg Co common
•
!
Feb
Jan
3%
—-—W
Borne, Serymser Co
Bourjols Inc
May
.i%;;i?% Mar
z8
Ta
—
•
Crosley Motors Inc
;
Crowley Mllner ft Co
Crown Cent Petrol (Md)
Crown Cork Internat'l "A" psrtlc
$6
Jan
May
12
Feb
23%
125
Feb
104
9% Jan
1,300 r
Apr
1-13%
d
2,700
'
Apr
A 67%
Jan'.
2,050
3
—Bo
Crown Drug Co common
-
Apr
7%
Apr
Mar
9
2%
7
14%
13% May
1,300
14
!
Jan
9
7% May
X
Jan
100
—-
IIIi
Brewing Co
Croft
Jan
Convertible preferred
——•
BlckfQrd's Inc common-1
Blrdsboro Steel Fdry ft Mach Co com-*
Blauner's common
1
'
11%
:"
Petroleum
Creole
Mar
10
8% Mar
400
II
Benrus Watch Co Inc
Benson ft Hedges common
14
4% May
1
Bellanca Aircraft common-Bell Tel of Canada common
5%
11%
109
1,200
'77:
9
7/B
%
Courtaulds Ltd—
7% May
JanHr
58%
Apr
8
May
'
convertible preferred
5%
32 %
Jan
7
16% Jan
Feb
Feb
1,600
7
11%
1
Beck
10,400
28%
'
1
Cosden Petroleum common
Banco de los Andes—
Barium Steel Corp
Barlow ft Seelig Mfg—
5% Mar
50
80%
7Q%
V2%
3 -h.-
•
preferred class A_
$1
Feb
100
11%
8%
9
79%'
1
Corroon ft Reynolds common..
8% Mar
Feb
7
•
•
B
Inc
Coro
*•
——1
common
Jan
4
113%
11
V
—
1;-10
Cooper Distributing Co
Cornucopia Gold. Mines
55% Mar
Feb
Apr
40%-Feb
103"% 104
Corp
Co
Apr
4%
Jan
2,100
113
—1•
Paint ft Varnish Co
Cook
Apr-
-4%
.
.
May*-*-/*
1%
Jan
5%
7%
Jan
400
66
65%
66
103 'A
Continental Fdy ft Machine
B
4
100
—,
113%
Ltd.,
12
Feb
35
7'A
7
"
—1
Consolidated Mining ft Smelt
Consolidated Royalty Olli
^5% Jan
1,200
-100
Gas Utilities
Liquidating Corp
Consol
Feb
15%
Mar
3,4% Apr
-
4%
Feb
..
Mar
11% May ■
3% Jan >.'
■
Mar
1,150
I100
Consolidated
Apr
25
Jan
11
Jan
13- iy Mar
\ 3% Jan
-y2
Jan
»A Mar !■:
;:
6
:
Apr
"17
'
5 % Mayiy
8,200
-
series B
..14%
Feb
22
300
1
1950
1%
100
•
8'%
23
300
to
preferred
preferred series 0____
6% Mar
_
—
Machinery—
Consol G E L P Bait common
4'%%
Jan
—
11%
ext
5% May
8
Avery (B PI ft Sons common—
:
$ft preferred
Ayrshire Collieries Corp com
Compo Shoe
Jan
Jan
48% May
\y
:'2'l;7May7
6,500
2t
1
21
Community Public Service
Jan
Jan
43A
12 3A
5%
73A
Jan
6
4%
12 3A
Automatic Voting Machine
Jan
3'A
21%
4%
Atlaa
Atlas
Corp warrants
Plywood Corp
Automatic Steel Products Inc
22'%
Apr
Feb
12% May
125
Jan
15
2,200
warrants
51'%
Feb
39
Jan
%
1% May
8,700
40
40
Colorado Fuel ft Iron
Colt's
Manufacturing Co
Commodore Hotel Inc
,VMar
,*
—
1%
l3A
Fisheries
100
Feb
7%
Jan
7
£i
Co
10 %
v
i,
1
1
High
1%
Jan
200
—
Airlines
12%
■'
100
25
25
Feb
,200
,1
>
•
Development ordinary
Colonial
'
13
'.y
% May..,*
.
r 38%
J-C.X/2V:
1,500
i'%
1%
9,600
100
6% '>'>6)%™ •y
4
Apr
16%
,
Coast
.
•7%
16%
x73A
American dep rets reg
Associated Laundries of America
Atlantic
113,'% Jan
-7%
.7im
Xl2%
80
..—•
Co_
Aluminum Products
Club
16%
—
Asplnook (The) Corp.——:
Associated
.10
114% 114'A
,
Jan
400
1%
1
10%
8%
13%
xl2%
Co
Mfg
Clarostat
Jan
14,700
15'% .15%
22
Equipment Corp
$1.20
mif
8%
"
83A
;■
Ashland Oil ft Refining Co
„
3%
2% May
Stamping-
City ft Suburban Homes—
Clark Controller Co
Jan
105% May
Apr
10%
8%
III10
8'A
5% May
Low
5,600
47%
>13%
-
Range Slncfe January 1
High
x44%
.46% *
13 %
Claude Neon Inc common..
-
Arkansas Natural Gas common—
Common class A non-voting—
City Auto
'3% May
Feb
2%
103%
100
III10
Cities Service common
Feb
17%
15% Mar
£1
dep rets ord reg
1
Angostura-Wupperman
Apex-Elec Manufacturing Go
-IOC
Appalachian Elec Pwr 4 % % pfd_
1
Argua Inc.
Amer
Shares
%
Mining
Chief Consolidated
Anglo-Iranian Oil Co Ltd—
Loio
'
Par
High
Lois
High
for Week
Range
of Prices
Sale Price
Exchange
Sales
Week's
Last
STOCKS—
7
for Week
Range
Last
Sale Price
New York Curb Exchange
Sales
Week's
Friday
*
%
Apr
Jan
Jan
8%
400
8% May
10
1.28
8
8 'A
300
7
Mar
9
Apr
1
8
8
700
8
Jan
8
% Mar
._1
B0
1
25%
~8%
"a%
.
.
300
7%
Feb
.—
Jan
Cu.9%
23% Mar
Apr
—
I
169
Volume
COMMEKCIAL
THE
Number 4807
j
FOR
RANGE
Friday
Week's
STOCKS—
Last
Sale Price
Low
WEEK
CHRONICLE
(2341)
EXCHANGE
ENDED
MAY
27
Friday
Sales
Range
Range Sinpe January 1
Shares
Last
Sale Price
High
Low
High
Sales
Week's
STOCKS—
New York Curb Exchange
for Week
of Prices
Par
FINANCIAL
CURB
YORK
NEW
New York Curb Exchange
&
for Week
Range
of Prices
Low
Par
Shares
Range Since January 1
High
Low
Klein
*
Gatlneuu Power Co common
immm
——
preferred
—
-
5%
5%
1%
1%
2%
3
1,500
23
275
92%
1,000
22%
15 Va
200
1%
Jan
Feb
May
1% May
2% May
l7/a
10
Jan
12
Mar
20% May
9%
-1
Stores
Brewing
19%
19%
12
12
12
11%
11%
19%
100
7%
7%
—1
Co
High
Feb
10% Mar
200
18%
6%
100
12
100
11% May
Apr
Feb
Jan
7%
12% Mar
May
Apr
3%
Jan
22 y4
Feb
23%
Feb
8%
2%
23
-1
Krueger
Mar
8
5 Va
.1$
Kobacker
Apr
14% Mar
88%
__
—100
1
General Alloys Co
*
General Builders Supply Corp com—1
6% conv preferred
28
5%
(Tollman Mfg Co common
(DEmll) Co common
Kleinert (IB)
Rubber Oo
Knott Corp common
*
Apr
8V4
Jan
General Electric Co Ltd—
£1
1
10
Amer dep rets ord reg
General Finance Corp common
6% preferred series A
General Fireprooflng common
General
Adv
Outdoor
6
6 GO
5%
Jan
7%
400
7Ms
Apr
8 Va
31 %
31%
200
101% 101%
10
100
Gilbert
(A C)
Gilchrist
100% Mar
Glen
Alden
Jan
Jan
100
May
Jan
116
Mar
106
Feb
106%
Feb
4
Jan
5%
Apr
Line
14% Mar
5
—
115
95
—
113%
100;.:,
800
5
4%
18%
Jan
10
16 Va
Apr
21%
Jan
50C
9%
Apr
11%
Globe-Union
Gobel
Jan
-™
--
17%
10%
.14%
14%
200
13%
1%
4,0%
1%
100
40%
175
40
>4
.*
B
i
Y(i'
50%
50'a
50%
53%
6%
10%
11
7%
Feb
,11%
108% 110
450.
103%
Feb
111%
7
May
8%
Apr
6%
6%
500
%
5%
ctfs
Jan
6% Mar
Jan
23
Apr
Feb
6%
Jan
10%
I**
i7.v
Apr
1,300
%
Feb
Jan
13 % May
12%
10%
13 V*
8,100
9!o Mar
20 %
20%
21
800
20% Mar
22%
I
12%
12%
13
1,300
10%
Feb
13
May
25%
Jan
26
Mar
II
~7
~7
class
~'7%
—A*
500
23
of
Jan
6% Mar
22%
23
22
21%
23%
8%
8%
dep
%
%
24%
24 % May
100
%
Jan
21%
4,400
•
150
Jan
26 Va
21V* Mar
8,600
8 %
.1$
7%
24% May
23% Jan
A
25 Va May
Jan
8
%
Jan
Jan
9%
Apr
Feb
U May
,
82%
84%
350
77%
Feb
88 Va
Apr
100
73%
72%
73%
500
66 %
Feb
78 %
Apr
l
Xl8%
18%
18%
4,800
16%
Feb
20 ya
Jan
112
10
111%
Feb
12%
13
600
11%
Apr
12%
13
300
10%
Jan
13%
Apr
13%
14
300
13
Feb
14 Va
Apr
25
preferred A ctfs of dep
Apr
25
Apr
35
May
38
Jan
100
•
112
__
12%
a
Apr
100
138
135% 133
145
135% May
142
Feb
.7
1,400
Feb
113
14 y4
Jan
Apr
,
110
.2,800
7%
i7n
common
Lynch Corp
Jan
•
.,10%
Apr
7
1
6% preferred B ctfs of dep
Louisiana Land & Exploration
Louisiana Power & Light $6 pfd
Jan
8
5%
13%
9% Mar
Chain
Common
Jan
11%
'__■
8
Great Atlantic ft Pacific
62%
6% May
.5% Apr
Apr
Jan
6%
Longines-Wittnauer Watch Co
Long Island Lighting Co-
Jan
49% Mar
4
8%
Class B
Jan
5%
50
6%
1
53%
■f
100
3,600
_§
Lone Star Gas Co. (Texas)
Jan
Jfin
Inc
Co
Groceterias
Locke Steel
Feb
100'
53%
pfd—28
Loblaw
May
80
50% May
4% Feb
—«fU
■
—10
conv
10
•
common
28
(RG)
Material
Lit Brothers
Jan
Jan
%
6,700
Tourneau
Corp common
Llpton (Thos J) Inc 6% preferred
Jan
2%
43
Mar
74Va
■
%
50
*
Graham-Paige Motors 8 %
Grand Rapids Varnish
Gray Mfg Co
Tea—
Non-voting common stock
1%
1st preferred
Great Northern Paper
28
34%
common__25c
Grocery Stores Products
States
—-
1
Mfg Co
Jan
21
•
Gorham Inc class A-
Mfg
.
14% May
1% May
38 y4 Mar
*
$4.50 prior preferred
Gulf
10
1
Goldfield Consolidated Mines
Gorham
xl7%
8
Inc
Godchaux Sugars class A
Goodman
17%
•
(Adolf) Inc common
Class
Le
Jan
4%
12%
20% Mar
I
1
II
Realty common
Leonard OD Development
13%
4%
11%
I
Lefcourt
Jan
2,100
Lanston Monotype Machine
La Salle Extension University
Jan
9y4
•
—1
Corp of Delaware
Lionel
„
Jan
25
Coal
6%
Feb
4
-
Glenmore Distilleries class B
I
5%
2y4 Mar
114 ;
•
Gladding McBean Ac Co.-
Lamson
3%
1,700
•
common
7%
2,600
■
1
Co
1
3%
*
preferred
Lakey Foundry ft Machine
Jan
Feb
11%
2%
'
$5
35%
102%
1
2%
2'/a
9
Giant Yellowknlfe Gold Mines
Mar
31
I
1
Lake Shore Mines Ltd
Feb
3%
General Phoenix Corp
1
General Plywood Corp common
50c
General Public Service $6 preferred--*
Georgia Power $6 preferred
Laclede-Chrlsty
Company
L'Aiglon Apparel Inc
6% Mar
7%
7%
•
pfd
6%
~5%
G
8%
Utilities $4.40
pfd—
106
100
Gypsum Lime ft Alabastlne
35
700:
8%
100:/-
105% 106%
130
*
;:
102
'
>
M
"
34% Apr
7% Mar
Macklntosh-Hemphlll Co.
38% Mar
/V 8%
Maine Public
Feb
Mangel Stores
106% Mar
Feb
;13% Feb
13%
Service
Manischewitz
Apr
7% Mar
-9
Co
-10
13
1
common
—
(The B) Co
Mapes Consolidated Mfg Co
35
--
300
36
8%
Feb
.
Marconi
International
Marine
Communication Co Ltd
H
Ball
Lamp
Hamilton
Co
Hammermill
Rayon
25
46%
Brewing Co
~1%
Haseltlne Corp
Hearn Dept Stores common
•
Rubinstein
Class
A
Seller Co
Holllnger Consolidated G M
Holly Stores Inc
Holophane
95
ft
200
50
8%
8%
f
stock
9
:
96
100
42%
50
48%
r11
Jan
3
•
27% May
40 %
31%
31%
100 i-
18%
'18%
200
72%
;72'/4
18%
77%
30%
Feb
45
25-
45
43
Huyler's common
1st conv preferred
Hydro-Electric Securities
Hygrade Food Products
79%
.
4'
Apr
/
6
Jan
A
II
•
common
1%
600
1% May
.3%
250
liy4 May
2
Feb
22%
13%
1,000
12 y2 May
6%
5%
6%
1,600
-
'
dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
ft Ireland—J
xl6%
*
Midland
8
11^11
Midwest
v<
Jan
5% May,
10%
Jan
Feb
17 y4 May
14 y4
Feb
17ya May
12
12%
800
11%
11%
600
96%
96%
b..-,;,
11%
__
56%
50
coupon
,
if
11%
57
*
104 y2
100
'■*
*
*10%
6%
shs__*
x6%
x6%
10
International Safety Razor B
International Utilities common
I
Royalty
vtc
■13%
1%
1%
15
15
•
Irving Air Chute
Italian Superpower Corp com cl A
.
300
4%
14 %
r%
200
15
200
4%
4%
"~%
12%
1%
Feb
Jan
Jan
11 Va
Apr
1
15
Feb
Jan
.
1%
17
3% Mar
%
May
liye
:
Apr
loo
>
11
Feb
14%
,
200
*
Apr
22
% May
2,'ioo
%
1
58
.
•
6% May:
x&% May
8% Mar
.500
14
8
<,
.»110% Feb
12% Apr
Jan
Feb
Jefferson Lake Sulphur Co
1
Jim Brown Stores common
ft
Julian
5%
"
:
Kokenge Oo
•
pfd
18%
18%
19%
1
pfd—
Kennedy's
•
Inc—
'
(Walter)
11%
12
Mountain
Co
Mountain
3%
Jan
4%
Jan
20%
Feb
Jan
7
ft Oo
$
,
7
9 T'b
9 V'S-.M
Kimberly-Clark Corp—
4% 9^-
preferred
cumulative
103
10$
•
"4%
Tel
States
Muskogee Co common
Muter Company common
1
1
10%*
Ktrkland Lake G M Oo Ltd
1
1%
For
Corp
footnotes
see
page
x7
100
100
127
35.
-
Inc
20
103
May
Breweries common
1%
2%
Jan
9%
25
12%
Feb
Mar
10 Va May
Mar
25
Apr
11
May
16%
Feb
Jan
4%
Jan
17% May
19 Va
Jan
22% May
9
706
3%
100
17%
17%
700
"2%
~2%
*6%
""""
'
"2%
7
3%
700
1,400
2 Vb
~8%
%
100
96%
100
8
Mar
Feb
»
3yaMar
7%
Jan
Feb
32 Mi
Jan
8% May
A
10%
Jan
6% Mar
29%
'
93 Va
Jan
97
Feb
24
96%
—
Feb
30
Apr
600
7
2%
6%
Jan
1,500
2%
Jan
89 y4
6%
2%
~2%
Jan
98
~2%
"2%
172
33%
~2*;a
40
172
34
2,900
—
50
2%
8y4 Mar
3ya Mar
101%
Apr
Apr
2%
Jan
Jan
176
Apr
37%
Jan
4Mi
Feb
11 % May
14 y4
Jan
Feb
Jan
Jan
33
3%
400
11%
11%
800
750
31%
3%
•
32%
31%
32%
99 V*
99%
99%
190
97%
Feb
33%
103%
20%
21 VB
250
17
Mar
22%
28%
28y»
50
24
Apr
1
•
2.80
14
-r-
9
'
.
9
300
~8%
8%
10%
11%
Jan
Feb
Jan
28 Va May
10 Va
Jan
Feb
13%
Jan
300
8% May
12 V\
Jan
500
13
Jan
11
1%
4
4
100
10% May
3 * Mar
~3
2%
3 Va
5,000
2% Mar
32
317/a
32%
250
29% Mar
~8%
~87/a
5,800
77/b
7%
200
10%
34
Mur
—*
1
30o
8
5
Corp
/2
%
Clock
&
convertible preferred
Mar
New
Park
3%
Jan
5%
Apr
New
Jan
33%
Apr
N
15%
15%
300
2%
000
10%
10%
1.500
N
Y
Y
ft
Arizona Land
Mining
Process Co
Auction
Co
Co
common
Honduras
Feb
17
Mar
,3
Jan
N
Y
>12%
Jan
Y
Shipbuilding
.1%
Jan
Rosarlo
Merchandise
•N
&
Feb
11%
Jan
11%
10%
700
7
6%
200
6% May
7% May
x3 Va
200
May
17% Mar
shares
Feb
Jan
Jan
9
~2%
2%
2%>.
5,600
3
8% Mar
18%
Apr
2% May
6%
—
14
14%
200
14
80%
1
3%
Feb
May
4%
Jan
9
May
16J% Mar
Apr
6V2
78% May
5%
1%
3% Mar
Apr
Feb
85
1%
87 V\
Jan
1,800
1
Mar
3%
Jan
3%
350
3
Mar
7ya
Jan
830
56%
1,600
55
May
67
Jan
1
9%
8%
9%
5,000
6
Feb
11V*
Apr
1%
1%
1%
700
1%
Jan
1%
55
55
65
8%
8%
8%
600
8Va May
75
Corp—
*
1
Apr
Jan
8%
Jan
30 y4
10%
10%
100
10 Vs May
Apr
13% Feb
18%
18%
200
16%
20
26%
I
Apr
Feb
•
Founders
Jan
7% May
"7%
~3
84%
•
•
10
10
common
2% May
9% Feb
Apr
.
1
20
28
34
1
New Jersey Zinc
Mexico
Co
33%
9%
6%
~
100
Watch
Jan
3y4 Jan
Jan
8%
"7%
S?
•
Co class A—
England Tel & Tel
4
1
-a
Machinery
(Herman)
Nestf1! Le
!
,
Transit common
Jan
5%
9% Apr
7%
Neptune Meter common
9y4 Mar
j.
Mar
95
May
167% Mar
3%
10c
10
Co
Radiator
Haven
12 y4 Mar
It's Mar
Apr
.28
National Rubber
26%
...
1
Gas
Fuel
National Steel Car Ltd
100
1,900
8%
23
•
*
preferred
National
1,900
:
19$
199
Mfg ft Stores common—
National Pressure Cooker common
4%
1%.
Feb
3%
—
■
National Mallinson Fabrics
32%
1%
Apr
6%
20
1
-National
4%
15
Feb
Apr
4,400
5,600
~7%
2
n
17%
1
common
NeT/
105
8%
32 Vb
~8%
Hess
New
Feb
1; Mar.
7% May
Jan
7
*
1
common
Jan
13
1% May
31%
—
•
10
Bellas
New
103%-"
Jan
1%
—
Corp
13% Mar
Feb
Mar
9%
9%
% May
5% May
N
2%
1
Kingston Products
KJrby Petroleum
Seeley
12%
Apr
100
2,200
100
ft Tel
Vernon-Woodborry Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
31%
60
preferred
15%
King
11% May
Jan
w.
Kings County Lighting common
4%
9%
May
123 y4 Mar
Feb
7%
7%
9%
2
~3%
80
Mt
Namm's
Jan
10
5%
1%
~7y8
—
80c
common
Producers
Nachman
Jan
300
r
May
300
10
Co
Montgomery Ward ft Co class A
Moody Investors partic pfd.
Morris Plan Corp of America
Jan
6%
5
.20,800
w
'
12
Key Co common
Kidde
5 Va
127
•
Co
Kawneer
5"
127
5
6,100
"7%
•
1
1
Nelson
5%
Mar
500
5
7%
_•
National Union Radio
.10$
Mar
7'%
Jan
K
Kansas Gas ft Electrio 7%
3% Mar
Apr
6
7
8O0
Molybdenum Corp
Monogram Pictures common
Monongahela Power Co—
4.40% cum pfd
4.80% cum pfd series B
Monroe Loan Society com class A
National
Kaiser-Frazer Corp
Jan
5Vb
48
7%
«
Apr
.5%
19
475
109%
-
•
convertible preferred
1%
Jan
3% May.
.
Jan
Feb
Jan
7
Apr
4%. Feb
1,300
__
Apr
6
Jan
7%
8
conv
common.
Oil
6%
2% Mar
•
Jan
2l/s
May
3% May
5
__
1
Preference
200
2%
15%
Feb
1,100
•
7%
2%
_4%*
7%
1
c
Midwest Piping ft Supply common
Mid-West Refineries
National
„
900
1
1%
*
10
1
National
1
Jan
Feb
1% Mar
13%
2,500
1%
3%
2.60
Corp
National
Jeannette Glass Oo common—
"4%
5
Mountain States Power common
4,200
:
6%
98.
•
*
Jan:--
-
47
10
•
Investors
9%
'"7%
12 y8 May
■*.'!.." j J
'^1,000
.r
12% May.
■
Jan
20%
shares
Fireman Mfg
: ^2*'-
Jan
88% Jan
.
•
International Products
Iron
,.750
•
.
10%'. Jan
100
104%. 106 <4
i
Preferred $3.80 series
Registered
13%
300
96%
*
International Metal Industries A
•International Petroleum
6,800
-
Feb
Jan
9%
45
Abrasive
Miller Wohl
4% Feb
16%
11%
£1
16%.
32%
7% Mar
300*
14%
Jan
37
27% Mar
2,475
1
«
$2 non-cum dividend shares
Jan
11%
—
Indianapolis Pwr ft Light 4% pfd—100
Insurance Co of North America
10International. Cigar Machinery
International Hydro-Electric—
xl6%
-
'
1%
17%
Feb
Steel Products—
Mldvale Co
Jan 'V.-;
"xlG'A
u
Xl6%
*
8%
Mar
2
•{I Feb
12% May
108%
Co__.
t
v
Mid-West
.
2%-Maz.
•IS-
4% Mar
£1
27%
14
14%
T
Ex-distribution
Imperial Chemical Industries—
Amer
1,400
2,800
8%
1%
Missouri Public Service common
Co
6% May
35
_8%
Mining Corp of Canada
_•
Minnesota Power ft Light 5% pfd_100
Zinc
l3/8
14
.
27%
preferred.
Iron
4%%
Illinois
1%
12%
— —
3% May
Feb
8
Midland Oil Corp $1
■»-.
Apr
Jan
:
11%
12%
8
Jan
Feb
6
Middle West Corp—
47% Feb
"1%
•
14
Mfg Co
Chapman ft Scott Corp—
Class B
*
;
~1%
_•
Middle States Petroleum class Art c_l
109%. May
12"%
1%
1
Jan;
Feb
2%
.3
Co.
ft
Feb
8%
19 y4
6 Va May
15%
Participating preferred
Jan
lll%
T
1
•
100
Dredging
Mlcromatic Hone
f. 21:*Jan
Jan
4
_r
__
Jan
32% May
.
/
2-% Jan
•
>/Jan/.;..,
144
18% May*'•
68% Feb
3 (400
6'/2
.1
common
Michigan Bumper Corp_
Michigan Steel Tube
Michigan Sugar Co common
6% preferred
Apr
17 %
Mar.
Jan.-
42% May
>%
106% May,
__
~6%
Metal Textile Corp common
•
3% May
31
Feb
136
200
2%
Feb
8% May
■:
14 ,; May
42%
Mesabi
Jan
May
100
1,600
17%
.10
common
Johnson
6%%
May
74
~6%
16%
Warrants
10% Mar
Jan
8
pfd
■'/ Jan
Mar
1,100
3%
x27% x27%
,
warrants
Merrltt
11
*
Common
Feb
10
41% May
8% May
«
Mfg Co
Hussman Refrigerator $2.25
Menasco
93
175
8%
42%
100
Mead
Apr
12%
Jan
5%' Feb
3%
,
Feb
8%
Jan
200
42
He Williams
15%
-
Mar
9V4
__B
Inc common
Humble Oil ft Refining
Lock
42-
42
•
common
Jan
10
_•
(Harvey)
Jan
6%
*
preferred
Hurd
95
"8%
;
com_-JS—15
Baking Co-
9 Vb May
6»/b
16%
_1
$2.50 preferred
McKee (AG) & Co class B
iJan
68
—•
& Co new
Hardart
ft
10%
95
r
1
Co common
Mar
11
_-j
s
Inc
(Geo A)
Horn ft Hardart
8*
10%
—
10
ft Oo class A_
2
8%
100
Hoe (R)
Hubbell
1,100
Feb
10% Mar
r
_1
Horn
1,100
__
100
Henry Holt ft Oo common
Horder's
10
10 -
900
6%
10 Va
6%
•
2
common
8%% preferred w w
1% preferred w W
Hormel
12%
"12
6%
• %.
oommon.
1%
Corp
6%
*
convertible preferred
McCord
Jan
8ya
"12
25c
2Va
.10
Shovel
McClanahan Oil Co
*50%, Jan
Apr;
1% Mar'
__
8
Mining Co
Helena
45%
200
6%
17%'Mar
13% May ■
130
~lVa
9% May
.
Power
Massey Harris common
McAleer Mfg Co common
Jan
6%
Apr
IYb Mar
100
13%
46%*' 47
1
1
Hecla
4y2
500
5
1
common
Hathaway Bakeries Ino
'
'13%
—5
Electric Light
Hartford
4%
—•
Paper common
Hartford
Harvard
4%
B
Bridge Co Ltd
Marion
2%
J1
Jan
-•
«
4*
Apr
33
34
COMMERCIAL
THE
(2342)
NEW
YORK
RANGE
Week's
Friday
STOCKS—
Last
New York Curb Exchange
Sale Price
Niagara Hudson Power common
6 %
1st
preferred——
5%
2d
1
100
100
preferred
optional warrants
Class
B
10%
10%
Low
10%
96%
98
Nlles-Bement-Pond
*
31,400
7%
300
11%
94% Mar
Niptssing
100 %
Jan
96 %
Apr
Vb
Feb
%
Jan
10%
10%
200"'"
9%
Jan
10%
Apr
7%
Jan
(
,
%
9
5
Mines
American
class
Rayon
A
9%
10
8%
Apr
iti
j 1
400
%
Apr
31%
31%
1,000
28 V8
Apr
31
32
700
11%
12
400
X8
4,700
1,400
'
American
Central
North
Northeast
North
Securities
Utility
RR
8
2%
2%
50
—
2%
103
6%
Par
—
2V8
103
6 VB
85
—
6%
United
Samson
Corp
14
13%
500
Jan
Corp
class
Poindexter
Oliver
B
•
common
preferred
Natural Gas
Oklahoma
Old
Co
United
2
50o
common
Brass
Power
new
30%
8%
Distillery—
Filters
class B
-Omar Inc
2
,
38%
30 y8
275
1,600
8%
600
13
13
30
12
1
O'okiep Copper Co Ltd Amer shares
Securities
1
7%
7%
1%
100
3
21% May
11% May
21%
22%
2,000
11%
11%
12%
700
Apr
Feb
15 %
Jan
Industries
Selected
2Va
Jan
40% Mar
112 i
31%
9Va
Jan
14
14 >
22%
Jan
Apr
Feb
Mar
Jan
Jan
-
Convertible
16%
1%
stock
8% May
Jan
1
2%
5
17%
Inc-————
Corp common—1
Control
Serrick Corp class B
B)
Jan
xl3
May
16%
Feb
Feb
3%
7,100
2%
Jan
17%
1,450
Feb
19%
Jan
73%
350
72% May
78%
Feb
76 %
100
76
78%
Feb
16
3%
3%
500
3
2%
2%
400
2%
1
12%
12%
Canada
Apr
13 %
9% Mar
11%
Feb
2%
Jan
3%
Apr
200
19%
Jan
22%
14%
Apr
13
900
55
107
450
50
12% Mar
53
18
•
*
Ltd
13
13%
300
3%
300
3%
60
Jan
13% May
May
•
Jan
Mar
20
Jan
3%
Jan
107% Mar
Mar
11%
16
*
—
J an
105% Mar
*
Shoe Corp of America class A
Apr
100
107
53%
55
Jan
12
21%
21
100
Jan
4%
700
10
2%
25
common
preferred
5
2%
10
•
Sheller Mfg Co.
Jan
Apr
■ft Jan
9%
—•
common
May
1
Shawinigan Water & Power
Breweries
Jan
1%
17%
5
Silex Co
Apr
17%
Mar
1
common
Sherwin-Williams of
Jan
2
1
1
1
Shattuck Denn Mining
4%
Jan
19%
72 %
25
Radio
Sherwin-Williams
2%
28%
76
A
Safety
Leather
2,300
100
xl3
1%' Jan
1% Mar
16% Apr
1.70U
1%
2%
certificates
Seton
16%
-
xl3
1
common.
16%
13
•
stock
(R
*
1
Inc
Jan
Jan
1% May
22%
Jan
2%
2,700
•
Segal Lock & Hardware
Selby Shoe Co
2% Mar
3%
1%
1
Jan
Jan
1%
25
Co
8%
May
3
1%
1
common
Apr
7
400
300
3
1
Slck's
Overseas
700
Steel
11%
May
11
Jan
Jan
1%
2
Manufacturing
14% May
>
19%
11%
Securities Corp General—
Seeman Bros Inc
103% May
May
8%
100
Feb
6% May
1% Feb
Scullin
89
Feb
Feb
May
16
3%
Jan
35% Jan
106 %
30
30%
8%
•
2
1,800
38%
108
1%
2
25i
4
700
5,600
Scovill
Sentry
108
1
com
High
1,900
7
Jan
Sentinel
2
38'/a
100
15
1%
4%
16%
-
6 %
Apr
Semler
Ohio
Range Since January 1
Low
15 Vb
O
Ogden
16
6%
1
common
2
Apr
Allotment
Ohio
Shares
High
4
4%
1
j.
$5.50 prior
•
Low
49
37
5% May
13 Vb May
3,600
Corp Ltd common—
preferred
conv
Savoy Oil Inc (Del)
Sayre & Fisher Brick Co.—
Schulte
(D A) Inc common...
1
Feb
Jan
Lawrence
1st
Jan
11% May
May
101%
25
% Mar
St
Bait Dome On Co
37%
Mar
1%
1,500
—
•*>
9
11% May
'
pfd_100
1
Northrop Aircraft Inc.
Novadel-Agene Corp
28
——
12
1
Co
Northern Indiana Pub^erv 5%
u
:
•
Oil-—
Texas
Airlines
Penn
j b
*
Class B common
North
for Week
Apr
92%
5,500 r
3
■
North
Sales
Range
of Prices
Apr
18
.'vX
x8%
Last
Sale Price
Exchange
High
Jan
5
•
Nineteen Hundred Corp common
Week's
Friday
New York Curb
Range Since January 1
High
98
8
27
STOCKS—
Shares
VB
Niagara Share Corp class B com
MAY
ENDED
for Week
Range
Low
WEEK
Monday, May 30, 1949
EXCHANGE
CURB
FOR
CHRONICLE
FINANCIAL
Sales
of Prices
Par
&
16
May
Feb
4%
Jan
May
29%
Apr
7%
Jan
Simmons-Boardman
*2T~-
$3 convertible preferi
Pacific Can Co
common
B
Pacific Gas & Elec 6%
1st pfd
23
6%
6V2
341
34
Pacific
Lighting $4.50
Pacific
Power
Pacific
Public
$1.30
1st
pfd
Light 5% pfd
&
Service
Pancoastal Oil
Pantapec Oil
Paramount
(CA)
Apr
36
Jan
Apr
32%
Jan
100%
Apr
300
sh
■
7
7t,
7
11 %
Jan
17
Jan
300
19
20%
Jan
4
May
14 %
20
Apr
Apr
Jan
13
800
May
12% May
15%
Jan
53
10
53
May
80
Jan
4
500
3
Jan
12%
•
1
,
4
43 %
42%
5%
Apr
1,600
Sioux
28%
<fe
Rubber
Governor
28%
50
pfd
100
3%
3%
200
53%
54%
1,500
9%
9%
700
2%
6,900
20
Sonotone
Boss
Corp
Manufacturing common
South
Coast Corp
8outh
Penn
Southwest
5%
Oil
Pa
Southern
2 %
12%
12%
600
6%
7%
600
•
prior
50%
5%' Mar
41 %
Jan
Jan
4% Mar
Jan
59%
9 % May
-
10
common
common
Apr
Mar
Shoe Corp
Stahl-Meyer Inc
Standard Brewing Co
43%
27%
14
--
80
37
100
26% Mar
29%
May
Jah
24%
24%
24%
23 %
26 %
Mar
4%
100
6%
Jah
31
31
32%
800
—
—
—
4%
••
V
27%
Convertible preferred
Standard Dredging Corp
10
common
Jan
Apr
Standard
Jan
24%
Jan
Standard Power & Light com
Common class B
3%
May
$1.60
Oil
16%
16%
1
3%
150
29%
30%
900
28%
1%
1%
1%
2,100
1 %
9
9
9
•
preferred
9
38
50
36%
Feb
39
Starrett
1
3%
57%
61%
920
•
16%
15%
17%
1,900
•
133
Mar
May
69%
Feb
15% May
25%
Jan
Jan
14%
Apr
Stlimes. (Hugoj
95 Vb
Jan
.10
93% Mar
32
38
May
300
7%
400
9% May
1% Apr
1%
3,100
600
7%
9%
9%
600
9%
Feb
;ii
Jan
8% May
97
com
Apr
Jan
10%
Jan
100%
6% May
7%
Jan
400
2%
Jan
3%
Feb
2
Jan
2% Mar
2%
Jan
200
3%
3%
73 %
73%
73%
40
21%
21%
9%
21%
200
10%
300
6%
6%
400
5'%
%
iS
1,100
2%
3%
600
3%
4% May
; v
9% May
67%
Jan
75
20
Apr
24%
Jan
15
Jan
7
May
Jan;
% Mar
Apr
1%
Jan
4%
2% May
•
10
2
2
200
13
13
100
Jan
12%
Feb
Jan
2%
% Mar
10%
Apr
13 % May,
11%
12%
250
Jan
13 Vb
30%
300
x28
Apr
41
5
5%
500
5
Mar
14
30 %
common—
Feb,
30
*
Corp
Superior Portland Cement, Inc
Superior Tool & Die Co
Jan
200
3%
1
Sun
Jan
6%
3
—-8
.
Jan
1"%
Apr
'
11%
8%
Apr
6%
1
—
Ray Drug
Apr
2%
139
1
1
-
Corp
Stop & Shop Inp
Stroock (S) & Co common
Sunbeam
2%
Feb
Jan
1
Stetson (J B> Co common
4% Mar
x5% May
11% Mar
10% Jan
31% May
Feb
1
-
,
& Co common
Jan
900
9%
(A)
8%
Jan
13% May
800
8%
Corp
Steel Co of Canada
Stein
Feb
May
1
—
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc
4%
Jan
9%
(The)
Co
5%
3% Mar
8%
Products
19
-v
Feb ;/
1%
30
Apr
4% Mar
Mar
112%
—
131
•
8%
21%
16% Mar
200
Jah
% Mar
16% May
2% Jan
500
3%
29%
56...
7%
4%
1
1
38
1%
Feb
May
10
(Ky)
38
7%
% Apr
is
1
1%
Jan
3
20
Standard Tube class B
7%
39
6 V* Mar
'
Standard
1
Feb
May
500
18
3%
Standard-Thomson Corp
150
Apr
!
2% Mar
.
„
Jan
33
30
May
4'%
31
500
6%
6%
Apr
32
29%
Apr
Mar
3V2
—
•
.1
3ft Apr
9%
Apr
28
2%
94
;
2,700
1,100
11%
94
Jah
44
2,100
Feb
5%
Jan
:
28
Jan
5%
Jan
18
29%
Feb
x5%
36%
Apr
May
28
1%
5%
Jan
29 Vb
2%
x5%
Jan
3%
27%
xlO%
♦
Feb
8
Apr
28
2.78
.
Standard Cap & Seal common
Apr
——250
10 Vb
Jan
Feb
5%
Jan
Jan
96%
97
175
95% Jan
97
97%
200
94%
12% May
9
Mar
•
2%
1
Swan Finch Oil Corp————15
2%
600
17
2% May
9
Apr
3
Jan
11
,
May
Mar
Light—
•
•
13%
12%
13%
400
fl
com
common
12
10%
12
325
10
7%
7%
100
5%
Jan
Jan
98 % Mar
21%
Jan
12 %
Jan
7% May
Taggart
Corp
Technicolor
Inc
Thew Shovel
Thorofare
Light 7%
Co
new
common
•
preferred
Quebec Power Co
89
I100
.•
146
87%
89
290
14%
92%
Jan
50
14%
Jan
143%
Apr
148%
Jan
25
145% 146
•
85 %
13%
Feb
14% May
Tllo
pfd
&
Allied
10% May
28%
14
14%
2,200
120
121%
60
120
16 %
800
15
Mar
9%
100
15%
9%
——
5
25c
Construction
Stocks
\
May
120
__
1
•
"
400
10%
8%
500
12 Vb
600
60
8%
Jan
29%
Apr
Jan
15 Va
Apr
128
Feb
8Vb May
Feb
17%
13%
9% May
11
11%
11%
—
11 Va
/ Jan
26
__
60
8%
1
Realty
&
r
28
14%
5
common
Inc__l._
Roofing Inc
Tishman
Tobacco
]£*£">■
28
100
common
Markets
'v
•
*
common
common
Thor Corporation
J,'
.1
common
Tampa Electric Co
Texas Power &
6%
42%
600
Apr
Jan
3%
28
•
8%
•
preferred
Oats
43%
700
]
Manufacturing
Quaker
28
—
800
•
Co
2% Mar
27%
1
13%
Colorado—
&
7%
200
—
1,000
common...""I2T50
Power
300
2%
27%
2%
.2.50
100
7%
—
2%
11%
•
preferred
1,800
2%
2%
1%
100
America
3 %
29%
5
Feb
1% Mar
11%
12%
1%
25
——
6% May
56
26% Mar
Jan
Va May
3
Jan
25
preferred"
cum
Jan
8%
7%
__
2%
.
Feb
Jah
25%
1,400
10,200
x3
x3
10%
2
3%
93
Apr
%
VB
25
convertible preferred
Standard Forgings Corp
11
88%
10%
10
Iff
10%
l
Puget Sound Pulp & Timber
Pyle-National
■"
2% Mar
30
2% Mar
$7
10
Co
cumulative
Puget Sound
3
236% Jan
25
preference
Spencer
20
1
Providence Gas
of
•
4.32%
25
preferred
preference
conv
3% May
shares
Producers Corp of Nevada
Prosperity Co class B
Service
2
10
original preferred
Feb
106% May
100
Mar
Edison—
1
4% May
6%
12.50
Line
Southern Pipe Line
Southland Royalty Co
Jan
3%
90
'/Wi';'!.:'!:'/':' ■
223
•Vv— J'-1;
10%
1
common
Pipe
California
U May
32% Mar
12%
1
common
8% Mar
100
•
—1
1
—
Jan
Jan
89%
—
R
Co
% May
1%
100%
5% May
■
70
■— —
1
Manufacturing
cum
29% Mar
Paper Mills
(Howard)
SSolar
conv
Apr
300
234
3%
--
100
Solar Aircraft Co
7
...;650
•
25o
of
4%
36
50o
:
1st preferred
Metals
53 %
a.oU
Mining Co
Alexander
325
i
common
Lambert
Prentice-Hall Inc
104% 105%
4%
common
Corp of Canada
100
.35%
••
&
2
•
Pleasant Valley Wine Co
&
105
2%
5,700
19,400
2.50
common
Scale
r%
2
r%
8
231
'
Smith
4.48%
27%
3.000
7%
•
Piper Aircraft Corp common
1
Pltney-Bowes Inc
g
Pittsburgh Bess & Lake Erie RR——50
Pittsburgh & Lake Erie
50
Pittsburgh Metallurgical common
8
Pneumatic
7%
£ 1
City Gas & Elec Co—
preferred
4.56%
25%
5%
27
SZ
232%
3.90%
Apr
47
Jan
5%
coynmon.
Singer Manufacturing1! Co.
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Mar
41% May
23 %
i
Johnson Ltd Amer
Pioneer Gold Mines Ltd
Pyrene
11,200
7%
—25
Pinchin
$5
38%
12%
common
Philadelphia Co common
Phillips Packing Co
4%%
Jan
Apr
2% May
38 %
23
preferred
Corp
Tire
Public
May.,
25% Feb
53
common
Pep Boys (The)
1
Pepperell Mfg Co (Mass)
Perfect Circle Corp
Pressed
23%
19
2
1
preferred
Penn Power & Light 4Ya%
Traffic Co
Penn Water & Power Co
f>%
Feb
15
Jan
Mar
_•
—_—
Penn
Pratt
——'
"
98
22,300
2%
r%
Powdrell
—
104%
101 % May
Jan
94
24 %
Penn-Dixie Cement warrants
Penn Gas & Elec class A common
Power
—
,
Rights
Polaris
■
1
——
Telephone
cum
Pennroad
Pierce
—'•
2%
5
$1 cumulative
Pharis
100% May
50
Simplicity Pattern
Simpson's Ltd class
4.88%
Peninsular
$1.32
'
-
Corp
Ltd
95
•
2%
Co
Co
95
•
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Patican
95
c
Amer
Motors
Pen
t
v
Jan
32 %
29 %
101 v*
100%
•
common..
(CA)
8%
6 % May
800
200
•
com
preferred
Page-Hersey Tubes
Parker
_<•
100
300
34%
30%
5Ya%
1st preferred——————_-25
Pacific Lighting $5 preferred
•
100
27
-
Jan
Jan
12% Mar
10%
Jan
11%
Feb
13%
Jan
52
50
Jan
63'% May
Tobacco Security Trust Co Ltd—
Amer
Aadlo-Keith-Orpheum option
warrants.
Railway & Light Securities—
Votug common
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile new com
$3
convertible
Raytheon
preferred..
Manufacturing
Reading Tube Corp class A
Regal
Shoe
1
'
'
18%
Grande
1
t c
v
2-2% May
26
Jan
Tri-Continentai
100
17% May
20
Apr
Trunz
110
52 % Mar
56
Apr
Tung-Sol Lamp Works
5 V'4
4,700
5
3%
1,600
3
3%
1.400
3
150
3 %
4
18
13%
250
20%
-
20%
200
2
700
dep rets
Cable
Roosevelt
1
1%
2
1.700
5%
reg
19%
.
90%
20
•
2,060
300
5%
2,600
10
24%
24
25%
3.300
.1
7%
7
7%
400
•
6 %
Corp
common
Royalite Oil Co Ltd new com.
Russeks Fifth Ave common
Aeronautical
Consolidated
Rversnn
For
Havnes
Jan
Ulen
25%
Jan
2%
Jan
Union
footnotes
20% May
2
Feb
1%
Apr
2%
Jan
89
Gas
of
Feb
91%
Jan
1,200
3%
3%
800
2%
4,100
4%
4%
9%
'
'
200
1%
% May
3 Va Apr
200
9%
5
2%
Feb
Feb
!?t
Jan
2% Mar
98
Jan
iS
Jan
4Va
Jan
.
2% Mar
Jan
24%
4% May
9 % May
7%
Jan
11%
Jan
24
—
Jan
10
Feb
4
Jan
May
Feb
5%
37
7%
Apr
Feb
Products
Chemicals
Corp
United
com
Elastic
When
distributed
...
United
Milk
Mar
10 %
Feb
6%
Jan
Petroleum
•
4%
5
600
K%
.Tan
J
4%
4%
200
4% May
5% Mar
Apr
6%
6%
100
6%
Jan
6%
Apr,
95%
95%
350
92%
Jan
97%
2%
2%
2,500
;,'.%
iff
4,900
27%
27%
100
53% May
2% Apr
.—100
50c
2%
33
Mar
.57
Jan
Jan
37/b
Jan
Jan
39
% Mar
ft Jan
Feb
30% Mdy
•
6% May
5% Mar
Jan
9%
~"%
Light & Railways
5% May
3% Feb
3%
Jan
•
common
Corp...
United Gas Corp common...
United
200
Apr
Feb
7%
warrants
Apr
7,000
1%
1%
300
•
Union Stock Yards of Omaha
24
Jan
700
9%
9%
Union Oil Co of California—
United Aircraft
x6%
1
v2.;v-
4
Feb
7
9%
—
9
•
Jan
6%
1.25
—
—
5
Canada
03
5%
1%
25
%
10c
27
6
35.
6%
60
U
Realization Corp
Chemical Corp
Jan
5%
page
•
19% May
1
see
preferred
Unexcelled
Apr
Co
common
100
95%
•"3%
Jan
21%
17%
United
5
May
1a
4% Mar
£1
5
common.;
Inc
^
42
Jan
1%
1
8% May
19%
-
Rowe
Ryan
Ryan
May
% May
com
$3.75 pfd series A__
89
Rotary Electric Steel Co
(The)
convertible
Jan
United
for ord
Com
Field
80c
7%
% Mar
300
u.
2-
100
•
5 % May
—
% May
2
•
Union Investment Co
1
—
350
95%
„
warrants
Inc
May
Royce Ltd—
Amer
Corp
18
•
1
Rochester Gas & Elec 4 % pfd F
Roeser & Pendleton Inc common
Rolls
Trans
Valley Gas Co—
(Texas Corp)
Rome
Mar
53%
3
3 V»
20%
Rio
1
5
5
•
Richmond Radiator
Toledo Edison 4%% pfd
Tonopah Mining of Nevada
Lux
—
44%
42
'
3
Goods..
24
22%
.
Rice
Dry
May
Jan
—
—
J
42
2%
19
18
—
Rels
(Robert)
& Co
Reliance Electric & Engineering
Stix
100
1
1
Apr
Jan
53
•
6.23
Co
20
70c
■}•} Jan
♦
3
5s
regis
%
1
•
common
£1
dep rets def
Todd Shipyard Corp common
Toklan Royalty Corp
15%
26,200
10
in
dep rets ord regis
Amer
R
Products
common
Preferred
•
10
10
7
_*
16%
16%
16%
70,600
26
M6% May
21
*
Jan
16%
16%
16%
33,500
16% May
16% May
30
28%
30
32,200
21
30% May
-
7%
8%
325
•
>■'
Feb
7% May
19% Mar
10%
Jan
21'
Mar
4%
246%
Feb
United Molasser Co Ltd—
Amer
dep rets ord regis
United NJ RR
&
Canal
4%
100
243
243
10
Jan
242% Mar
Feb
Volume
169
Number 4807
THE
COMMERCIAL
NEW
YORK
RANGE
Week's
Friday
STOCKS—
Last
New York Curb Exchange
Sale Price
United Profit Sharing com
10%
preferred
United
Shoe
Machinery
United
U S
Specialities
Air
45
44
4534
40
38%
40
U
S
1
common
S
1
Universal
74'%
74%
75
3%
3%
1,900
1,800 1
2%
2
2
—
300
314
214
22%
22%
22%
150
2%
2%
2%
1,200
Jan
*
23%
23%
24
X2514
Feb
2
21
Milwaukee
Jan
Ohio
$4
Corp
common
convertible
Vanadium-Alloys Steel
Venezuelan
Co
Syndicate
.
*
——
Light 3%s
„_1969
5%
500
68%
68%
10
64
30%
30%
50'
3014 May
3% May
.
-Y::'-'
4
3%
4
20c
2
2
2
5%
2.100
%j
Feb
2
1,300
*
6%
Mar
1114
A6%s
Public
Apr
3414 Mar
53/4
Jan
12 3/4
Co
•
$2
Watch
^
8
1
Aircraft
Wentworth
West
Utilities
$6
Tablet
&
Hydro-Electric
Oct
ex
Service
1
Wichita
River
Williams
Willson
Wilson
4%
Jan
Spalding
May
1 14
Apr
AStarrett
7%
Jan
60
30%
21
21
400
1
2
2
2
17
--
17
x8%
300
),
preferred
Winnipeg Elec
w
w
3%
133/4
133/4
100
common
Woodall
Pwr
Industries
Woodley
*
(F W)
American
4 %.%
pfd_____100
Inc__
Petroleum
Woolworth
6%
& Lt
30
31
600'
100
100
__
2
common
,
,
"in "2%
1,400
Friday
'
Sale Price
Low
1970
J-D
Associated
1953
J-J
100%
M-N
414s
Assoc Tel & Tel deb
514s A
Atlantic City Electric
Telephone
5s
series
1964
Steel
Service
1998
1948
214s
conv
Gen
(Bait)
2&
106
$107
Low
107%
106%
1083/4
162%
100%
102
95%
17
89%
96
34
J-J
94%
106% 1063/4
9014
90%
92%
8
30
'
20
106% 106 3/4
106%
162
90
j-D
j-j
105% 105%
$100'A 101
1981
a-o
104
a-O
53%
53%
$37
91%
1
104%
99%
$117%
$48
J-J
1963
J-D
1958
J-J
1970
.
1955
coup)
coupon)
100%
—
101%
AMedellin
A7s
112%
53%
98%
1
__
63%"
40%
4
48 %
96%
116
„
33
—
61
52%
100 %
117%
52 %
52%
$15
J-D
4
18
52
,6
54
30
—:
—
loo3/*
100
—
>.
■
M-S
1964
28%
54
50%
—
84%
3
84%
J-D
$107% 108
A-O
$105%
1960
J-D
$119%
1959
F-A
_2030
5s_
Y
•
■
—
82%
—
109
1183A
119'%
100%
—
108
105
Y-"
86
1063/4
—
—
1
101% IOI3/4
102
Week's Range
Interest
Last
Period
Sale Price
or
M-N
1033/4
__
52%
104%
—
A-O
Jan
Low
1
High
$66%
$66%
——-
/•
M
■
mmmm
'
J-D
-
M-N
—1953
82
2
J-J
10
—
M-S
15%
%r
15%
41%
70
'"■%
.
;
1952
."v
37%
85
$78
'■'mmmk
—
40
$83%
F-A
,
40
'Y—
■*
M-N
2008
2%s—
to
7s
stamped
_
_
_
Peru
1951
83
%
70
--
?9%
"'
10'%
1
15'A
1
$27
6%
12%
13%
15%
24%
29
37%
41%
28
40
J-D
1947
-
Bank of Bogota—
of May 1927)
(issue of Oct 1927)
M-N
40
1947
_
*
$45
A-O
$45
—
J-D
5
—
__
413/4
—
43
61%
—
$30
80
1931
1972
J-D
2008
J-J
1997
J-J
2012
J-D
1919
M-S
2%
2 3/4
18
2
3%
J-J
2 •%
3
35
2
33%
__
—
—
$78
85
28
28
5
26%
31
17%
18
60
15%
18%
26%
__
26%
3
24%
29
stamped (Plan A)
Interest
to
reduced
(Republic of)
2%s
—
—
Is to 2%s
(ser A BCD E)
Rio de Janeiro stamped (Plan A)
102%
102%
$105%
Range Since
Sold
No.
High
reduced
2%
to
Government
6%s
—1921
17%
63
100%
5
Bonds
Friday's
Bid & Asked
J-J
1955
A
reduced
Interest
5
58
105%
e
•No par value,
a Deferred delivery
transaction (not included in
Odd-lot
transaction (not included in year's range),
year's
f Ex-distribution,
range),
g
d Ex-interest,
Ex-stock
div.
principal.
nUnder-the-rule transaction (not included in year's range),
rTransaction
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
for
h Excash
♦Friday's bid and asked prices; no sales being transacted during current week.
50
8
32%
56
51
18
31%
54
50%
53%
15
32%
56
49 %
51
5
31 %
55
52
52%
4
37
56
49%
J-J
52%
50
F-A
51
7
32
55%
the daily closing
averages of representative
the New York Stock
Exchange as compiled by
'
stocks and bonds
A Bonds
being traded flat.
^Reported in receivership.
used above—"cod," certificates of deposit; "cons," consolidated;
cum,
cumula¬
"conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"wi," when issued; "ww," with warrants; "xw," without warrants.
Abbreviations
tive;
Over-the-Couhter Industrial Stock Average
(35 Stocks)
Dow, Jones & Co.
Compiled by National Quotation Bureau, Inc.
-Bonds10
10
10
First
Second
Indus¬
Grade
Grade
Util¬
40
May 21
Rails
ities
Bonds
May 23
15
Util¬
trials
roads
ities
Stocks
21
173.49
47.10
35.72
62.6C
May 23
May 24
May 25
46.64
35.51
62.21
101.72
102.51
171.49
46.35
35.42
61.91
101.75
102.46
171.84
46.76
35.50
62.13
101.76
102.45
85.70
103.76
Total
65
-
trials
101.71
Rails
102.63
85.89
Closing
Date—
20
Rail¬
172.32
52
\
_1954
(issue
Parana
41
3
52%
30
10
Total
103.62
98.46
85.69
103.72
98.41
85.64
103.70
-
Range for 1949
30.83
High
33.26 Jan 24
30.70
Low
30.14 May 27
98.39
May 24
30.51
Range for 1948
May 25
30.29
98.42
May 26
30.25
High
37.83 Jun
May 27
30.14
Low
32.37 Dec 29
May 26
171.95
46.67
35.56
62.15
101.78
102.49
85.48
103.75
May
98.38
171.53
46.32
35.36
61.89
101.79
102.45
85.46
103.70
98.35
27
42%
18%
Mortgage
Indus¬
May
41
72
3
!
106%
111%
~
55%
-Stocks-
Date—-
A-O
City (Peru) 6%s stamped_1958
stamped (Plan A)
ARussian
52%
J-D
1952
are
42%
127
63
$15
4
5s
1013/4
Stock and Bond Averages
on
42%
$48
Hotel—
5%s
Interest
103% 103%
__1952
Below
J-J
95%
123
'V'
.
105%
80
5
Maranhao
100% 100%
5214
__1957
(July 1941 coupon)
100%
104'%
76
-1956
£ debentures
s
External
99%
55
$60%
1955
1957
A7s series F
listed
$71
coupon—.1956
Danzig Port & Waterways—
A External 6%s stamped
1021/4
12
Sec—
series E
A7s
A-O
Co—.VY'-''Y: Yv
coupon
A5%s
1950
1941
130
-
105%
$15
Guantanamo & Western 6s
(Aug
$123
1949
debs——
External
107%
87
39
98%
Grand Trunk Western Ry 4s
Green Mountain Power 3%s_
A7s
100%
106
/
„
104%
$111%
M-S
.'1
A-O
1946
4s—.
A Mortgage Bank of Chile 6s^
Mortgage Bank of Denmark 5s
1961
A 7s
99%
"2
81
Mortgage Bank (Col) —
A20-year 7s
--April 1946
20-year 7s„
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
——1948
Danish Cons Municipal Loan—
Mtge Bank—
1941
106%
Agricultural
104%
.
Mfg Co—
A614s with Nov 1 1940 coupon__1953
A6!4s ex Nov 1 1947 coupon____1953
C
104
103%
103
105% 105%
81
New York Stock Exchange
107
102%
$10014 100%
M-N
.
3%s
106
104
4
Newspaper Union—
conv
A7s
stamped
105 %
106
105 % 105%
$100
1053/a
Foreign Governments & Municipalities
—
5s
5
114
102%
103%
26
105 % 105 %
$103
J-J
A
105
Ercole Marelli Elec
;
6s
ALima
1969
__1976
J-J
1
1043i, 104%
Friday
160%
102% 103'A
M-S
Power
105%
BONDS
99% 10014
M-S
1965
(Deo
J-J
101
113
100
•
—
High
18
——
101% 102
106%
1956
series
104%
113%
1063/4
100
Elmira Water Lt & RR
614s
$101
M-S
100%
$110
A-O
Jan. 1
106
May
A
1940
Electric
Penn
Range Since
No.
$162'4 165%
M-N
A614s
$100
M-S
Apr
3
A-O
1993
International
314s
West Penn Traction 5s__
106
M-S
1954
Lt
1
1947
Jan
—
414s
Indianapolis Power &
income
102%
M-S
1993
5s
156%
104
1965
Washington Water Power 3%s
8% May
100%
1962
Residential
1
14
Jan
3
94%
1st mtge 4s ser A
A 1st
m^ge 4s ser B___
Eastern Gas & Fuel 314s
Finland
M-N
107
1013/4
j-J
Delaware Lack & Western RR—
Lackawanna of N J Division—
'
A5s
101
1977
debs
mtge
Dec
Dec
of N J
West
96 %
1969
(Bait City)
148%
101%
1951
1947 coupon——1953
Jan
105%
1958
!
Gas
1
8
1946
10%
5
1966
Jan
1st ref mtge 3s ser P
1st ref mtge 2%s ser q
1st ref 23/4s series R
'
104% Mar-
7s
Waldorf-Astoria
Apr-
48
1954
:
Consol Gas El Lt & Pwr
;
33
101
J-D
3s__
Consolidated
1514 Mar*
10614
Q-p
1970
5s
Debenture
ex
100% 100%
101
*101
J-D
6s
5s
Debenture
with
A
106
2%s
Debenture 5s
1
155% 155%
102% 102%
102%
Low
^Central States Electric Corp—
A5s (20% redeemed).
A5!4s (20% redeemed)
Cities
106
j-j
..I960
Edison
High
50
/1:
—
'
■
A-O
Corp 3s_1981
1952
stamped
Aug 1
ex
A 7s
Sold
26
V/
■
.
1966
United Electric Service
A6%s
Jan
Canada—
C
Bethlehem
Boston
of
Jan
Jan
Bonds
106%
'
__1955
314s
2nd
Apr
1}& Jan
Friday's
or
J-J
.
Hydro-Electric Co—
A6%s with Aug 1 1940 coupon—1953
5
Bid & Asked
'
;
Appalachian Elec Power 314s
Electric
A7-4s
Week's Range
Last
Period
106%
105 %
Ternl
8
1014 Mar
Interest
Exchange
Y< Y.Y
Stinnes
Western
2
95
105%
55
(Hugo) Corp—
■■■;>■
3rd stamped——
(Hugo) Industries—
10
714
BONDS
New York Stock
A7-4s
Apr
100
3
—
-A—^_1950
Feb
£l
♦
$43
Corp inc 5s
Apr
10%
5s
108
104%
93
Cdr—
F-A
United Electric Co
93/i May
Ltd—
deposit receipts
preference
Wright Hargreaves Ltd
Bell
Feb
2%
Jan
106%
103
$106% 106%
M-N
Jan
400
7
105%
105'%
__
105% 105%
J-J
65
103%
104%
104%
$94%
1970
May
100
10
•
106% 107
$104
j-d
..1971
9
9%
107
J-J
$15
Gas
Elec
&
'■ 19
10%
—
5
—
Co—
B
Apr
9%
8
104
108 %
Apr
15% Mar
1334 May
2314 Feb
'
A-O
1989
2%
1,500
104
$105 % 106%
A-0
5s____
(AG)
9
~3%
M-S
M-N
coupon—1960
collateral trust:
Stinnes
Jan
May
514
"3%
25
_
__
Wisconsin
2
1
Y__l
—
5%
26
36
2114
Feb
1614
400
•
„.
common
Feb
,—5s
Apr
Apr
58
58%
coupon™1960
Power
814 Mar
100
83/8
11514
155
30
May
2014 Mar
50
1414
5
.,
Mar
2214
30
10
;
(R C) & Co
Products Inc
Brothers
Feb
l
Oil Corp
Corp
(The)
1st mtge 3s
Southwestern Gas
2 34
614 May
112.
Jan
2
101
58%
F-A
Jan
700
102
A-O
A-O
Jan
7
101
1973
Jan
1
102%
108%
3
-1973
214
113% 1133/a
—
&
ser
2%
500
40%
2
1968
A
10%
—
10
Weyenberg Shoe Mfg
Whitman (Wm) & Co
series
1st & ref M 3s
Apr
1
21
101
Southern California Gas 3%s——1970
Southern Counties Gas (Calif) —
Feb
1,150
20
Westmoreland Inc
Jan
Mar
Apr
139
*
com
3'As
Apr
9%
3,4
3%
6 3/4
1%
111
114
1st pfd__100
Stationery
Jan
Mar
714
1
113%
1940
1947
Elec
550
3%
7
*
Westmoreland Coal
Wickes
1%
8% May
.
17
Y Y'
103% 108%
1971
200
1%
—
1.25
preferred-
Western Maryland Ry 7%
Western
1
3%s
mtge
5,500
8
Iff
3%
Corp___
Manufacturing
Texas
~1Vb
7%
1 %
Baking Co warrants
Warner
100
~1%
30
Co
200
8%
109
1
preferred
cum
Waltham
Ward
1%
8%
--
_
39
105
F-A
1961
San Joaquin Lt & Pow 6s B
Scullin Steel inc mtge 3s
Southern California Edison 3s
1%
Wagner Baking voting trust ctfs ext_*
7% preferred
100
Waitt & Bond Inc
•
78%
50%
Jan
W
Aircraft
__
3834
$104
1967
1
3s
Safe Harbor Water
Waco
62
27%
J-J
50-year 6% debs—.;
1998
Queens Borough Gas & Electric—
' V."
5%s series A
1952
Jan
3
Apr
34
54
1963
Light 414s
1st
1
High
105
Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
3.14 s
1970
Jan
.71
May
Jan
Low
1956
to
A6%s with Oct 1
5%
__1
_
Inc~
Manuafcturing
J-J
J-D
—
76%
$15
1963
-
Park
2414 May
Piedmont
5%
5
Petroleum
Venezuela
Vogt
__1
preferred
Power
1st mtge
Apr
V
Valspar
75%
—1952
—-1966
4%
Gas
75%
$4S
314s
New England Power 3%s
Jan
23/4
.
at
Range Since
Sold
No.
High
Feb
26
Feb
'
500
Extended
4114 May
22% May
6s
McCord Corp deb 414s
Midland Valley RR—
Jan
Feb
J-J
.1952
1947 coupon
1
Superpower
Kansas Power &
Jan
Jan
l3/4
ctfs
escrow
Nov
ex
Altalian
Bonds
Friday's
or
Bid & Asked
Co—
Kansas Electric Power
7914 Mar
Feb
2414
10
common
Jan
614
Debenture
A7s
Feb
1%
A
Power
Isarco Hydro-Electric Co—
A7s with Nov 1 1940 coupon
1614 May
Feb
2
Interstate
Apr
8 3/4
Mar
3514
5
Light
Jan
214
10
common
40%
7414 May
314 May
1,700
10
Universal Products Co
Jan
1214 Mar
200
3%
Week's Range
Last
Period
Low
Jan
114 May
50c
!
714
5214
1
800
15%
1
Utah-Idaho Sugar__.
Power &
14%
2%
•
Insurance
Utah
1%
14%
2%
1
Consolidated Oil
114
7% May
~l
*
U S Rubber Reclaiming Co
United Stores Corp com
Universal
'
"I
10c
and International Securities
1st preferred with warrants
Radiator common
$5
U
4,475
'/// 300
Interest
Exchange
High
42% May
37 % Jan
10
Conditioning Corp
27
New York Stock
% May
514 May
25
U S Foil Co class B
MAY
Friday
Low
10
-
.«
u
& *
>;
■.
,
■
•
; i-z
35
EXCHANGE
ENDED
Range Since January 1
High
25
common
(2343)
BONDS
Shares
25c
Preferred
CURB
WEEK
CHRONICLE
for Week
Range
Low
FOR
FINANCIAL
Sales
of Prices
Par
&
Y% si
,
COMMERCIAL
THE
(2344)
36
&
OTHER STOCK
RANGE
FOR
WEEK
Monday, May 30, 1949
CHRONICLE
FINANCIAL
EXCHANGES
MAY
ENDED
27
Friday
Exchange
Week's
Last
STOCKS-
Sale Price
Sales
Par
Range
Sale Price
for Week
of Prices
Shares
Low
Par
Low
High
Agricultural Chemical ___—*
36%
36%
50
34%
American
Sugar
.100
35%
35%
30
32
American Tel
100
Tel
&
140%
140% 141
1
1%
Rights
*
50
American Woolen
Anaconda Copper
1&
Mar
40%
Jan
36%
Jan
140 %
May
1
4,014
97,337
High
% Mar
May,
May
26%
27%
260
25
27%
26%
Hein
Range Since January 1
American
Retiring
28%
275
27% May
150%
Jan
118 May
38%
Jan
—
Co
common
Switchboard
100
25
Edison
Boston
103% 106
104
41%
41%
42
85
100%
Apr
2,040
40%
Jan
120
Jan
43% Mar
Leath
&
Co
common.
Lincoln
100
16%
16 Vb
16%
16
427
Apr
19 %
Jan
5%
class
8%
clafts
10%
C
1st pfd
class D
stamped
1% Mar
2%
4'/4
15
4
Feb
5%
4%
80
4%
Feb
6
1%
unstamped
100
pfd stamped.—100
1st pfd stamped—___100
1st pfd stamped
100
class B
7%
15
4'A
4%
100
*
1st
A
1%
Jan
Jan
Mar
.
5%
7
Apr
National
5
4% May
6
Jan
Northwest
7%
130
7% Mar
9%
Apr
Nunn
Jan
Trust
Prop
*
76
Boston & Providence RR——100
Calumet
St
Hccla
Co
Copper Range
17
76
60
69
80
Feb
60
Jan
3% May
47
218
39
Feb
10%
100
10
May
78%
15
5%
48
Jan
Steamship
Eastern
National
First
j
'
h "
Perfect
Circle
Corp
78% May
38
Jan
22 %
22%
260
19%
Jan
23
60%
61%
154
53%
Jan
61% May
•
k
Gillette Safety Razor Co
______15
Isle Royale Copper
35%
35%
27%
5%
May
36%
35%
2,323
Feb
26% May
40% Jan
33%
Jan
27%
256
5%
320
Jan
5%
Apr
43%
44%
270
42% May
56%
14
14
8
13% Jan
14%
Jan
5
25
preferred
5%
100
Corp
Racing
Narragansett
100
*
1
v-—
Mathieson Chemical
Assn__
5
Nash-Kelvinator
Service
National
Pennsylvania RR
Folding
Reece
Rexall Drug Co
Stone
——
Association
Shawmut
Webster
&
Inc
Torrington Co
(The)
4
6%
—
—
Vermont & Mass
Waldorf
14% May
64%
Apr
Stone
450
25
Jan
10
25% May
28%
Jan
25%
27%
150
25% May
31%
Jan
22%
22%
100
22%
Feb
25 %
Mar
17
18
17
Feb
.
Electric
Westinghouse
36
Mar
Feb
Sunbeam
41%
10
315
8%
Jan
11% May
12
20c
372
11%
Apr
15%
Jan
Swift &
19c
20c
13c
Jan
25c
Jail
Swift
Jan
10% May
Apr
87%
6%
31c
9%
85
7
34c
1,100
8%
1,463
79
1,094
6% May
100
10?% 103%
15 J/4
1,458
4%
4%
25
1
1
103
50
14%
Feb
30c
1,300
Apr
14% Mar
Jan
Thor
Jan
9%
45c
108
Trane
Mar
17%
of
4%
Mar
1
165
Apr
6%
300
6% May
9%
15
15%
1,600
15
Apr
9
9%
100
9
May
10
Mar
2%
2%
100
2% May
4
Jail
22%
22%
Apr
26%
Jail
iL"
25%
25%
150
25% May
29%
Jan
37%
900
34%
Feb
39%
Jan
9%
May
-2%
Allied
4% Mar
54
5%
Apr
185
12%
Feb
15%
15%
200
30%
31
126
30% May
29
29
44%
47%
34%
Jan
50
.
5,309 '
28%
Apr
44% May
35%
Lines
42% May
52 %
Jan
39 %
5
120% May
120% 120%
128
Jan
13%
14
133
12%
Feb
14%
Apr
21%
14
21 %
22%
483
21% May
26%
Jan
Week's
(new)__5
Avco
Mfg
Barlow
19%
8%
17%
140%
of Prices
Shares
Co
1
common
capital
4
.—3
3
Seelig
Mfg
Co
class
A
5
Bastian-Blessing Co common
*
Belden Mfg Co common
10
Aviation—.
1
__
4%
__
6
__
Berghoff
50
15% Mar
21%
Jan
3%
200
39%
5
650
30%
1
*
2%
(E
Sons
Co
Bruce
capital—
J) capital—
Co
Mfg
Brach &
L)
(E
eommon
Burton-Dixie Corp
_■_
12%
—
10
Butler Bros commoin..
Inc
Convertible
S
&
Cent
20%
20
St
&
San
50
21
550
20
% May
44
150
43
Feb
36%
37%
10
Topeka & Santa
39
14%
18%
8%
14%
20
8%
17%
17%
140% 140%
I32
lia
Steel
Ry
Fe
Co
11%
26% Mar
30
Rights
i
w
300
700
68
May
22% May
24% May
22
22
May
22%
400
26
Jan
11
11
150
11
Apr
13
Jan
75
75
75
20
74%
Feb
79%
10%
10a
10%
550
10%
Feb
10% May
11
11
100
11
Apr
13
Jan
3
May
10
Mar.
xl 3% Mar
20% May
Farnsworth Television & Radio-A-.
10%
General
50
15 %
Feb
8% May
150
17 % May
900
140% May
22,200
122 May
19
150%
Jan
—
.
Electric
Co
Jan
General
Jan
Graham-Paige Motors
Laclede Gas Light
1& May
Public Utility Corp
5%
600
1
1
150
4%
4%
1,050
1%
1%
200
5%
6
14 %
14%
29%
5% May
7%
Jan
New
1
1%
Jan
Packard
Apr
Jan
Pan
2%
Jan
Paramount Pictures Inc new com
May
5% May
170
14 % May
__
__
28
12%
350
30
200
30
6
800
.
May
5% May
Mar
36%
34% May
15%
7%
Jan
Feb
Jan
Oil
Pure
(The)
common
Corp
May
26%
Jan
89% May
103%
Jan
25% May
11% Mar
33%
Jan
—
26%
2,700
__
__
__
__
6%
__
12
' 46
15%
14%
6%
2%
50
12
46%
200
-4
17
150
14%
7%
3
Schenley Distillers Corp
11% Mar
13%
Jan
40
49%
Jan
Socony Vacuum Oil Co
Jan
50
15% May
14% May
1,100
1,800
22
300
10%
Feb
13 %
Jan
10%
500
10%
Feb
11%
Apr
3/64
1
100
11
5/64
11,200
Feb
6% May
9%
6%
1,000
6%
Feb
8%
Jan
8%
400
7%
Jan
9%
Apr7
May
7%
Jan
39%
Jan
1
1
*
5
4
5
-*
*
4% Mar
Sunray
1%
Feb
Studebaker Corp common
Oil Corp
Corp
Jan
United
14%
Feb
10%
10%
10%
10%
200
10% May
13%
1 %
May
3.000
4%
Jan
7%
Apr
i 2 %
700
11%
Apr
15%
Jan
11
11 %
200
10%
Feb
13%
3%
3%
500
3%
Feb
4%
Jan
9
9
9%
300
8%
Feb
10%
Apr
19% Mar
24%
Feb
Apr
400
1%
7
6%
--
1
—
—
5%
&
Co
Pac
—„5
1
vtc
*
_•
2%
10
5
Inc
25
(new)
common
__
__
50
1%
% Mar
250
400
9
200
5% May
Feb
7%
1,900
8 %
Jan
12
27
27
27%
500
25%
Feb
32
Apr
11%
11%
500
11 %
Feb
14%
Jan
*
11%
400
19% May
27%
Jan"
20% May
27%
Corp
5
__——
1
Corp class A
Connell
D
&
D
Co—
49%
500
49% May
57%
46%
600
39%
Feb
Jan
10%
9%
10%
8
8
1,200
20%
19,%
5
—
25%
(Peter) Brewing
20%
200
20
Apr
26%
2,200
25
Jan
27%
15%
15%
66%
19%
10%
10%
3%
2,500
Jan;
Jan
Feb
16%
Jan
Feb
21%
Jan
9% Mar
400
3%
3 %
19%
17%
73%
16%
400
18%
Feb
Feb
14%
—
—
Jan
15
400
—
Apr.
30
Apr
65%
2,500
66 %
23
23%
20
23
Mav
30
Jan
28
28
20
26%
__
__
__
__
__
Inc.——
20
28
May
27%
100
3
3%
:l,750
27% May
2% Jan
9%
9%
100
9% May
27%
38
Jan
Jan
30
11%
Jan
Jan
3%
Apr
Jan
2%
Sale Price
11%
American Laundry
common
1%
7%
7%
100
42 %
10%
56
6%
27%
42%
10%
56%
6%
28
13%
200
42 % May
46
Jan
200
10% May
14%
Transp
common
class A
5
General
Motors Corp common
Gibson Refrigerator Co common
Safety
Razor
(W
Great Lakes Dr
H)
common...
common
Dk
&
5
common
10
1
*
14%
14%
11%
__
__
56
6%
__
•
*
__
Hammond Instrument Co common—1.1
Corp
footnotes
10
common
Brew Co
see
new
page
cap
44.
1
16%
common———8.50
preferred
4%
11%
150
100
May
12%
4% May
6
7% Feb
9
N
O & T
20
—25
50
*
P common
Jan
Cincinnati Street
Jan
Cine
Apr
Cin
20%
16%
,
Sub Bell Tel
&
Un
Stock
45
5
.
49%
200
32%
Jan
*
1
100
13% May
17
Jan
Procter
14%
15%
Jan
Randall class B
*
*
63%
450
20 %
350
16%
400
15%
Co
Gamble
Electrotype
Rapid
U
S
Playing Card
Feb
17% May
U
S
Printing common..
—;
-—*
—10
*
9
C
'
'
Jan
14
Apr
30% May
% May
May
.26%
Jan
102%
90%
*
Feb
84% May
Feb
100
5
„
7%
Apr
Jan
76%
Jan
11% Mar
12%
Jan,
18
119
52
55
49%
51%
288
10%
55
63 %
64%
345
4 %
7%
May
43 %
10
57%
7%
Jan
19% Mar
16% Feb
■44
Jan
52
Jan
51% May
May
17% ,Jan
Jan
150
10
Mav
10
50
58
58%
21
56
Mar
32%
32'A
26
32
May
May
'
.
*.
66% 'Jan
Feb
9
10
58
May
67% Mar
51%
9
25% Mar
12
398
10%
.
*
Mar
431
18
-■—10
Kroger Co common
22
5%
10
Gibson Art
11% May
20
4%
Feb
Jan
28
11%
Jan
8% Mar
,
4%
9%
19
•
11%
J"
&
369
11%
Motors
Eagle-Picher
Magnavox
.
84%
70
High
20% May
6,506
4%
Yard
62%
Feb
101
130
30
May
56
68%
68%
6% May
26% May
400
29%
Jil
84%
.
1,100
14
101
100
—
Range Since January 1
Low
45
21%
28%
Si
:
29
%
Jan
13%
__
—1
—
Gas & Elec
Shares
High
14
%
Rights —'
C
10
Brewing
Burger
Sales
for Week
20%
20
Mach
Feb
100
Jan.
„
of Prices
Low
Par
Feb
10
4%
11
'
Range
Last
STOCKS^—
3% May
9%
"
Week's
Friday
May
4%
10
5
10
— —.
Jan
45
80
Crosley
Amer
General Candy
For
15%
5%
4% Mar
100
5
66%
—*
46% May
28% Jan
49%
Jan
"
Common
(G)
v
Cincinnati Stock Exchange
Apr
66%
46
26 %
—
11% May
202
80
*
(new)—.
1%
76%
49%
__
common
Co
&
Harnischfeger
Jan
Jan
5%
14% May.
3% Jan-
,
Apr
10%
Jan
12
~7
*
Wilson & Co common..
12%
Feb
11%
"l%
35 J/4
600
30%
36
1
1
Jan
2
5/64 May
3/64 May
6%
25
1
Inc
Steel Spring
Standard
17%
Jan
12%
10%
x8%
1%
--15
•
Standard Oil of N J
Mar
14%
12%
6%
•
2%
common
Rexall Drug Inc
Jan
22
•-
„
Jan
35
200
—
25%
14%
400
—
1
—
Steel
Republic
22%
—
•
common..
Corp of America
Raciio-Keith-Orpheum
28%
Feb
Jan
11% May
27% May
x8%
—,-33%
Co
Co
Radio
200
27%
—
26%
Jan
Pepsi-Cola
12%
5%
7%
16
Corp..
American Airways
300
11%
22
—2%
5%
1%
1,900
50
—-A-
Car
Motor
4% May
May
12% May
29'A
Central RR capital
York
2%
7%
__
9%
11%
9
-B
2814
1
--
Jan
Flour Mills of America
Heilman
Apr
1
170
1,400
J
.
Jan
preferied
Co
Jan
69
23%
c
Curtlss-Wright
Continental Motors
11%
Four-Wheel Drive Auto
Gossard
78%
68
22%
—————----
High
40% May
14% May
10%
Domestic Credit
Gillette
May
68
-L
Low
150
Doehier-Jarvis
General
Feb
22%
(The)
38% May
Cinn
Fox
Jan
14% Mar
300
200
10%
300
900
(The)
Simons
41%
36% May
2,100
11%
30
25
.
System Inc
Gas
12%
Consumer.-, Co
Fitz
Jan
11%
50
-10
100
r
new
common
Pacific
14
Commonwealth Edison common
Cum
Jan
44 % Mar
29%
—*
Mining.,
Copper
11%
Set Vice
Coleman
13%
25
9% May
10
%
43%
—1
Radiator
American
14
Co common
Chrysler Corp (new)____
Cities
Jan
9%
49 %
,4ml
com—*
American Air Lines Inc
__
Towel
Chicago
11%
55% May
200
600
29
600
Stocks—
Unlisted
Alleghany Corp
12
Paul
St
Jan
Feb
10%
53%
•
.5
Yates-American Machine capital
14
—
Cherry Burrell Corp common
Mil
Jan
53%
—*
common..
1
common
Chicago Corp common
Chic
Jan
32%
53%
—1
prior preferred
Cumulative
*
Corp
preferred
W
Feb
11%
Jan
7%
29 ?8
12%
com
common
common.;..——.——5
Secur
111
Central
common—_—__ 1
Biscuit
Carr-Consol
41
7% May
7%
,
Binks
Feb
Apr
6% Mar
29% May
50
1,100
8
4% Mar
10
41%
Feb
May
x29%
30%
Jan
8% May
36%
200
6
5%
2%
?nn
9
3%
8%
39%
*
—
Wisconsin Bankshares
Columbia
Range Since January 1
30
29%
5
Brewing Corp
Bendix
Jan
16%
Certain-teed Products
High
38%
5%
5
Corp
&
24
16%
--J-
Stores
Canadian
for Week
Low
39
__
1
*
common
1,900
7
issued
Bethlehem
Sales
Range
Last
common
Corp
21%
10
Co common
Westinghouse E^c & Mfg
Jan
common—
Washer
Jai)
Apr
20%
Jan
43%
common
Products
Athey
Automatic
1358
capital (new)
Inc
Nash-Kelvinator Corp
Asbestos Mfg
28%
11% May
19% Feb
100
5
—2
*
—
Air
When
Jan
54% Mar
36% May
44
45
1%
& Co
Apr
650
17% May
38% May
:"
Armour
Jan
22
12%
20%
5
25
(The) common
208 South La Salle St Corp..
Apr
Feb
12%
45
100
&
13%
150
11%
30%
U S Steel common
5%
725
i
w
9%
24%
11%
23
1
Co
United Light & Rys
212
Tel Co capital
Tel
Rights
Jail
9%
2D
-T
Corp
United
45
Laboratories common.—
American
Jan
23%
10
Jan
38%
common
Aetna Ball Bearing
36%
9%
25
1%
13%
15%
Par
(J Di
36%
,4*
sil
22 %
80
17%
Jan
4%
Sale Price
Corp
"2%
«.•_*
(The)
Feb
13%
Friday
Mfg Co
15
Co Ltd—
7
37%
STOCKS—
Adams
Jan
9%
deposit
Co
Atchison
Admiral
Jan
18
7% May
stock
Co capital
International
Ctfs
Texas
Chicago Stock Exchange
common
'
850
Corp common..
Anaconda
Laboratories
50
6%
Armco Steel Corp.——
Abbott
Apr
7%
Sundstrand Mach Tool new com
Jan
38%
12%
Corp
21%
ll
Jan
.14% Jan
Apr
7%
x7%
_l
Container Corp common
11%
100
Ry Co——
Jan
23
common
Feb
37%
Inc.———
System
Apr
25%
com.
Jan
10
preferred
2%
Feb
12
-410
Co
10
25
United Shoe Machinery common
U S Rubber Co
1%
7%
25%
Standard Dredging common
12%
45%
Mar
22
*
common.—_ri_*
58
6%
*
25
Co_
Fruit
United
12
550
12%
Steel Strap common..:
Sinclair Oil Corp
*
South Bend Lathe Works capital—45
38 %
5
Jan
700
19% Apr
9% Feb
24
10%
1%
-i_50
10
84%
Drill
Twist
May
400
11
"
Signode
Wiebolt
Union
150
21%
800
Serrick Corp class B common
Shellmar
Prod Corp
common
11 %
4%
15%
15'
...
30
80%
—10
2.50
•
*
_*
Feb
'
20%
21%
1,000
common
(The)
Packing
11%
15
Feb
J ti n
16
10
common—
38
25
Co—
Machine
'
8%
May
15
1%
common
common
Union Carbide & Carb
Mining
Qulncy
7
.■*——*
12%
9%
100
50
1
j.
11%
800
7%
A—^
63
100
Northern RR (NHI
200
7%
12%
Sangamo Elec Co common.
Sears Roebuck & Co capital.
11%
2.50
13
11%
: *
class
12
100
Hartford
Mining—..
Butte
Jah-
11%
7%
7%
Forgings common
Standard Oil of Ind capital
9%
20
System
Tel
New England Tel &
N Y New Haven &
North
1
Cos
Electric
England
New
Jan
Feb
/ •
—Al2'%
1
-
62
12
15%
11%
10
Standard
Maine Central RR common
Jan
10
Jan
27%
•
Kennecott Copper
Loew's Boston Theatre—
Jan
7%
12 %
,
vtC-is;
iH
Peabody Coal Co common:
Pennsylvania RR capital
Process
,
General Electric
Shoe
Jan
•
Inc
'
'
Spec
Bancorp
% May
•
Lines
Stores-
■■
<27%
Feb
650
1
.5
Products:.
common
Manufacturing
Rath
_100
preferred class B„_
Jan
Apr
6%
7%
1
Standard
Bush
12%
Eastern Mass Street Ry—
6%
18%
23%
Apr
78%
*
—
14% Mar
4
.
30
10
X44%
10
Service
Cities
3%
5
;
15%
15%
15% May
700
*
common
Mot
4%
5%
400
13%
—*
'
'
•
5%
105
16%
24
7%
common..'
Food
Mfg
7%
Oak
Boston- Personal
*
.
Modine
Muskegon
4%
100
15%
23%
15%
8% May
12%
common—
preferred
prior
•
class A 1st pfd
57a
Jan
350
13
Co
Bt
& Hart Inc
$1
RR-^
stamped
Common
Field
Jan
Jan
11 %
Feb
50
8%
7
—
Middle West Corp capital—
Miller
Boston & Maine
48
53
49%
8%
50
Co
Printing
Marshall
Mickelberry's
Boston Elevated Railway—
Stamped
9%
Apr
1
*
.1
—
common
High
Low
6
50
6%
49
Independent Pneumatic Tool common.*
Harvester
(new).
*
Drug
Range Since January 1
High
6%
International
Kellogg
Shares
Low
3
Hibb Spencer Bartlett common.._—25
lliuiaus Brick Co capital—
—10
Katz
for Week
Feb
35
Werner Corp
Llbby McNeill & Libby common
Boston & Albany RR
Range
of Prices
Last
STOCKS—
Sales
Week's
Friday
Boston Stock
-
10%
Apr
*
Volume
FINANCIAL
&
COMMERCIAL
THE
4807
Number
169
OTHER STOCK
FOR
RANGE
F
WEEK
(2345)
CHRONICLE
EXCHANGES
MAY
ENDED
27
•
'
Friday
Sale Price
Stocks—\
American
MilL
Rolling
American
»—-1
;
Chesapeake
Cities
"Columbia
Gas
32%
300
45-
47%
57
.'
Pepsi-Cola
•
*
4—1
Car
*
-*
145
3514
Feb
39%
Jan
56%
108
55% May
62%
Feb
31%
10%
31%
10
30%
Feb
35
Apr
11,
12
1014
Feb
13 %
Jan
25%
* 3%
25%
3%
80
25%
Feb
31%
3%
15
-
(N
Oil
(Ohio)
Oil
Timken Roller Bearing
.
U S Steel
New
•
•
,
.•«•
,
n
14
'
j
.
Feb
17%
Apr
21%
65%
Feb
78
Feb
26%
Jan
39% May
25
.
78
24% May
' ■
•
i
Udylite
Last
STOCKS—
Range
American
Products
Home
Tel
American
Tel
&
Rights
Apex Electric
(Un)
(Un)
.
Mfg
Clark Controller
Gas
System
Rights
duPont
de
I)
(E
New
w
common
Nemouis—
i
Erie Railroad
(Un),
Tire
Firestone
___—
Rubber
&
25
Jan
15
Feb
17
10% May
16
(Un.i_
Electric
General
Motors
Glidden
Co
(Un)
common
(Un)
(Un)
common
'
(B F) common—
Goodrich
Goodyear Tire & Rubber common
1,111
29%
'Preferred
Greif
Y—
240
36% Mar
42%
Bros
4
common
Steamship
Intcrlake
Sessions
&
Lamson
—
Vif
117
Jan
10%
3/64 May
40% Apr
64
G)
(A
McKee
class
100
a47%
a25%
al2%
a47%
25% May
1
Allis-Chalmers
Jan
Brick
Metro
N
'.—4.
Ine
J—1
Y Central' RR* (Un)
Ohio Brass class B_
Ohio
Sargent
Patterson
Pennsylvania
Corp
Richman
50
RR (Un)—
(Unl
—
*
Bros
—
Union Carbide & Carbon
S
Steel
old
Van
Dorn
Iron
common
Publishing
World
„
of America
Standard Oil of Ohio common
U
—
20
Republic Steel (Un)
(Un)—
Works
a20%
*
American
14%
Feb
40
Jan
62%
Feb
21%
Jan
Feb
64
Feb
56
Woolen
45%
40
25
Feb
10
75
Mar
50
26
303
81
130
h
9% Mar
29
Barker
Apr
13
Apr
20
1
Jan
35
Apr
11%
Jan
14
May
Oil
15%
9% May
11%
—
11%
a44%
•
10
5
(Un)—
20c
Blue
Diamond
Jan
Byron Jackson Co
11%
11%
160
10%
Feb
13%
Jan
85
34%
Jan
40% Mar
10
25 % May
33%
Jan
20
24
Jan
(Un)_
(Un)—
Borden Company
Jan
37
Mar
Corp
Borg-Warner
175
May
15;
Mar
11
17%
14%
Chrysler
Corp
Corp
127
22%
Feb
26%
Jan
78%
Jan
100
7% May
9
50
10
May
60% May
12
Friday
Last
Jan
Solvents
Edison
Commonwealth
&
Cons Chollar
2
Burroughs
Adding
Chrysler Corp
Davidson
Oil
Exchange
Curtiss-Wright
Class
(Un)
(Un)
A
Corp
Cleveland
Detroit
&
Detroit
,
Navigation
Edison
For footnotes see page
44.
10
LOW
2%
Feb
Feb
Y,
-
-
200
8% May
100
24% May
800
95c
May
High
—
May
Jan
37
Mar
1%
Jan
Sales
for Week
Shares
Range Since January 1
Low
High
10
10
9%
9%
2.95
3
17
17
a43% a43%
12% 13%
,
26%
2%c
5%
8
12%
57%
10%
a49%
27%
7
11%
May
14%
Jan
45%
Apr
54
Feb
140 % May
150
Jan
132
54% Mar
90
305
42%
26%
lVe
Feb
I
Jan
Great
Northern
Greyhound
120
14
Apr
16
Jan
Hancock
870
49 % May
57
Jan
Hilton
5%
852
5
4%
<4%
22 i.:
2 lT's
4% May
20 %
Jan
6% Feb
5%
Jan
22 %
Apr
F)
&
Co
(Un)
Corp
Oil
Ry preferred
(Un)—
Co of Calif class A—
i
Hudson
Hunt
Motor
Foods
Car
Inc
Co
:
*
12
Mar
—
—
—
13%
8%
alO
2,540
650
22
22%
a5%
300
120
350
365
50
8%
8%
a21% a21%
560
40
13
14%
250
100
al2% al2%
50
12%
14%
55c
302
1,400
19
alfff
al-&
32
7%
7%
100
46c
302
48c
—
—
12%
210
800
56%
35%
43 %
56%
13%
13%
13%
__
—
23
23
a59%a59%
a40% a40%
1%
1%
a36% a37%
—
23
—
1%
—
9
2.00
—*
—
6.66%
—
14% Jan
Apr
311
875
100
500
60
Jan
Jan
May
5%
Jan
Jan
19
14% May
375
22%
a5%
Jan
Apr
59
55% May
16
12%
*
Apr
10%
6%
10
24
7% May
24
Jan
41% May
53% Jan
Feb
46% Feb
125
35%
43%
56%
5
_1
Hotels Corp
Holly Development Co
38%
210
6%
10
7% Mar
V
Jan
Jan
Apr
11%
8%
—
Feb
3%
100
12%
(Un)—*
3
5%
Jan
3c
6%
l%c May
48
35%
*
33%
Feb
200
360
__
—
25
Co
(Un)
Jan
26% May
38%
62
1,435
__
Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)
1
50-,
Jan
common
Public Util Corp
(B
14%
5%
Corp
Jan
18 V*
13%
•
10
5
(Un)
Corp
47%
56%
•
(Un)
Feb
12 V2 May
Apr
2
Co
Jan
16
a54% a55%
10
10
Apr
21
50
1.45
22%
—
Jan
4%
Apr
Apr
553
alO
a54%
10%
2.50
200
23%
—
Jan
Apr
10% May
1.25
22%
—
7%
16%
567
1,000
3%
11%
Jar
12
Feb
9
150
1,100
145
70
1,225
Jan
95% Mar
39
Feb
May
745
2,117
10%
27 Va
Mar
33%
May
25
322
__
5
,
Jan
6
al4% al4%
26% 26%
3%
5
_1
1
Feb
Jan
35%
10
1,605
4
(Un)
57 Vs
37%
Apr
27% May
21% May
14%
10%
1& May
May
25
16
10%
Apr
Jan
9% Mar
Jan
14%
—
Jan
195
26%
2%c
5%
8%
10%
High
3%
28%
3% Mar
30
230
248
800
75
10
—
—
(Un)Y
1
common
class
McBean
5%
1,030
Electric
Goodrich
49%
5,056
Feb
6%
V
May
a51% a51%
27
27
27% 27%
21%
22
a87%
aS8
a33% a33%
6
6
—
26%
._1
Gladding
2% May
?
6 % May J
10% Jan r;
14%
<4%
13
—
Bank—100
Motors
5%
22
__
—
A
Foods
General
Kabge Since January 1
-5%
8%
11%
Jan
3% May
32 %
Jan
10% Mar
Feb
1
10 %
a49 a50%
a45% a47%
3%
3%
5
*
Equip common-;
Ltd
General
150
95c
18%
2,060
1%
200
237
1
(Un)—
Corporation
49%
*
——25
—1
8%
Jan
2% Mar
>
May
Apr
12%
57%
Merchants Natl
Co
&
General
Sales
300
24%
Feb
Jan
14
Apr
16
Jan
12%
Jan
1%
25
5
(Un)
Corp
(Un)
Oil
General
2%
8%
Jan
Feb
a22% a22%
1
(Un)—
Electrical Products Corp
6
95c
Jan
1
a22%
(Un)_*
of N Y
of America Inc
Zellerbach
Garrett
High
24%
4%
400
1
100
80
1,430
Sav Mng
(Del)
Co
Publishing Co
20
Machine
—r
Bros
2%
-
1
Brown-McLaren
100
a41% a41%
a44% a455/s
8
8%
(Un)—•
1
Corp
Sou
Continental Motors Corp
for Week
Shares
Jan
Feb
2 V*
.
200
740
120
200
1,120
145
1,216
36,220
1
Exeter
Range
-6
__
25
Engineering Corp
Emsco Derrick &
of Prices
2%
Bolm Aluminum & Brass common—:—5
3%
a44%
'
8
1
*
Continental
DETROIT
Low
—
_*
(Un)
Co
Gould &
Crown
Week's
"
Sale Price
American Metal Products J__,
450
10
i'e
(Un)
Corp
Commonwealth
Exchange
"
2%
12%
300
32%
Feb
74
75
Commercial
Jan
"
1
8%
—
—
Electric Bond & Share Co
•—1
430
8%
*
(Un)
i
Rights W
Chicago Stock Exchange
Detroit Slock
—
230
3%
3%
a28% a29%
8%
9%
li% 11%
a43% a44%
140% 140%
1 Va
1&
20
Columbia Gas System Inc
Jan
42
300
Y
Jan
Feb
10%
450
2%
16%
Range
—
Colorado Fuel & Iron Corp common—*
43% Mar
36% May
68 % May
72
New York Curb
Building
—
1
Clary Multiplier Corp
Curtis
i
13
Week's
Jan
?;■
Exchange
—
10
(Un)
Cities Service Co
Jan
27%
Products
Certain-teed
Jan
Feb
19% May
39% Jan
Tractor Co
Preferred
69%
7%
10
May
2%
1,285
ef Prices
—
25
—*
1
2.50
(Un)
(Un)
Canadian Pacific Ry Co
Caterpillar
Telephones WOodward 2-5535
Co..
11
15
;_5
*
*
Broadway Dept Store,
Jan
Stock Exchange
Electric
13 Vs Mar
2
Chica Oil Corp
Fitzsimmons Stores Ltd class A
Brewing
22%
12
-1
4%
33
Feb
56
21%
a88
.*
Corp
4%
Mar
34
144
—
10c
(Un)
Corp
Apr
27
289
—
9%
3%
150
121
—
2.95
common
Co
Steel
Bethlehem
Jan
283
a60% a63
—
a28%
1
4% Mar
68%
7%
*0
—
13
Black Mammoth Cons Mng Co
Farmers
Allen
18% May
Low
*
Farnsworth Tele & Radio Corp
Altes
100
125
1
~
100
100
—
Par
18 %
12
1
Co
Co
Oil
Creameries
STOCKS—
Y* 1
Jan
32
Basin
Jan
i •
Y Y\
1% May
32%
(Un)
750
Members
/
Feb
3%
14"
(Un)
RR
Corp
Bros
Barnsdall
77% May
Watling, lERGHEN fit CO.
Y
500
10
10
Consolidated Vultee Aircraft
Ford
1%
8%
Consolidated Liquidating Corp
Detroit Stock
2.00 Mar
16
Company
Ohio
&
Petroleum
Consolidated
York
Feb
2%
100
(Un)
Co
Consolidated Edison Co
New
May
95c
13
1
(Un)
Co
(Un)
Corp
4%
4
—
:
6
700
10%
16
(Un)__•
San
Copper Mining
Baltimore
Jan
Bolsa
40%
Jan
100
1%
1% May
•
Baldwin Locomotive Works (Un)
May
Bandini
al5
al5
a 11',4 all%
a20
a20%
Jan
6
1% May
(Un)__30
Armco Steel Corp
(Un)
10
Atchison Top & Santa Fe Ry (Un)_100
Atlantic Refining Co (Un)
25
Avco Manufacturing Corp (Un)
3
Jan
May
,40%
Viscdse
Anaconda
50% Mar
17% Mar
15
15%
34
1%
6%
Apr
100
—
4%
4.
__
*
& Tel Co
American
Feb
56
4
a23% a23%
a37% a37%
—
—
Youiigstown Sheet & Tube
Tel
American
Jan
Feb
35%
50
77%
11
40%
—
——*
*
*
Ref
27%
36
--
10
St
&
38% 38%
a25% a25%
20
20%
—
—
1%
1%
—
__
32%
11 >4
262
7
39% May
Mar ,Y
36
1%
.
_
10
Co
(Un)
&
Smelting
27.%
35
—
•
7
Inc
Radiator
American
9%
—
—*
J
(Un)
Gil
Radio
i—-
1
*
685
Apr
3%
Last
American
9%
,
36:
4%
—4
:—
Tile & Mfg
National
130
1%
Mar
1%
Angeles Stock Exchange
(Un)
Co
Mfg
Airlines
American
46 % Mar
44%
40
13
_L
—*
—
Alaska Juneau Gold Mining
& May
a
a__
267
29
13
—
B
Medusa" Portland Cement
38%
Jan
17
Feb
3
Rights
'
'
Jan
1%
1% May
Par
Apr
29
77%
11
15%
34
__
—
34
——:
10
9%
:
Kelley Island Lime & Trans
15
70'J-
2% May
Friday
Jan
12
1,155
a40!4 a40%
__
Coopelage class A
Bros
Halle
100
100
*
L_l—-45
common—'
L
—:
Towing
Lakes
Great
*
100
1%
700
1
.
Jan
40%
10%
__
—
—
15%
8%
200
STOCKS—
Jan
76
a35% a36%
a56
a57%
al9% al9%
a59
a59
—
May
1%
Sale Price
a40% all
a47%
a25
al2%
a47%
8%
5% May
70% May
__
10
10
•
•-*
5
2%
50
-
.
Jan
"
General
100
1%
IA May
204
3/64
--
Apr
5 Va
2%
1
Los
Jan
40%
10%
__
Mar
Mar
100
70%
-Y
2
*
25
6
13
2%
...1
common
Jan
7
7014
—
:
—
Manufacturing
15
(Un)
% May
9% Mar
3%
1
May
150%
90
--
Consolidated Natural Gas
16%
29
al5% al5%
10% 1214
—
—
Jan
1 jo
514
22
-„\
*
:
•
4
100
High
May
1 a's May
7014
common—*
Illumin
Electric
Columbia
24 '4
4,454
514
11
100
13
100
a28% a29%
—
1
common
Low
100
140% May
1
—
100
4
240
5
Wayne Screw Products.—
214
__
-•
,
;
Iron
Cleveland
Eaton
_1
—1
common
preferred
$4.50
—
__
%
11%
3%
1
common
preferred
Aircraft
Jan
2%
1
__
common...
common
Radiator
14
May
Range Since January 1
High
13
28% 28%
al40%al40%
—
—.——
Cliffs
Shares
,13
—
—
City Products Corp
Cleveland
5
1
100
Body
&
for Week
Low
Par
Coach
American
S
common
B
Distributors
Radiator
Warner
of Prices
t
Sale Price
U
Sales
Week's
S
U
Jan
Apr
11
3%
10
—
Corporation
Shirt
United
Cleveland Stock Exchange
Friday
class
Timken-Detroit Axle
»
5%
3%
100
3%
1
j
Tube
500
740
1
—
_ —
.
Standard
Feb
3 %
1
—
Products.
Sheller Manufacturing
Jan
68% May
22% May
61%
11
2%
-
Scotten-Dillon
4314 Mar
50
125
9%
May
*
_
Chemical common
Rudy Mfg
Mar
18%
2
Car
Metal
8
56
12
10
.
_
Stamping common
Peninsular
Jan
23 Va
Park
100
801
1%
—U
-
Packard Motor
Jan
134
'
National
Feb
Jan
8%
56%
6
common
Corporation
Murray
Jan
1714
107
lr>
.
15
19
18%
67
23%
39%
69 >4
22%
•
May
Sugar
Products
Motor
Apr
27
15%
.
Michigan
Jan
11
5
\
Mar
6%
1%
1
#
Apr
14% May
Jan
4% May
520
1%
1%
.10
—
95c
1,000
4%
38%
.—10
Oil
50c
70c
Jan
1%
1
preferred
Mfg
McClanahan
17% Mar
12
31%
11
!
McAlser
Apr
15%
15%
1
Products
Jan
3%
600
3
5%
1
(S S) common
23%
4%
--
—
Screw
19% May
2% Feb
11%
•
__
common
250
11
1
Drug
Kresge Co
Jan
Feb
18%
66
23%
39%
68%
22%
■
4%
2% May
Feb
15%
''
Kinsel
Jan
8%
22 %
.
177
King-Seeley
19%
3%
3%
1
common-
24%
56
-2%
Motors
Motor Car
May
8%
■8%
56
1
Corp
Kaiser-Frazh'
Masco
25%
—
•
28% May
60
—
-
24"% Mar
30
Electric
Hudson
30% May
30
__
-
Jan
26%
».
Manufacturing
Howell
Apr
132
66
—-
—-
10
27%
15%
25
10
*
*
J)—
Jan
Hoskins
3% May
Jan
714
15%
10Va
.18%
-
*
Brands
3
25
141s
9%
11
—15
Socony Vacuum Oil——
62
Gerity-Michigan
5/64 May
26%
—
*
Radio Corp
Standard
36%
-
35%
55%
•
!—33%c
—
Standard
110
a_
-
-———50 Y
—
Oil
Standard
30%
28%
„
■
^
Pennsylvania RR
Pure
29%
28%
56
1
—
Motor
3l2 May
—
10.'•*
—
Register
Ohio Oil
Packard
10% May
Jan
18
4%
4%
_10
—
High
9%
200
912
70c
70c
1
Manufacturing class B
General Motors
Apr
290
2,445
35%
Motors
12
10%
_
Low
6% May
6%
18%
2%
-l
_
__
Range Since January 1
19%
19%
_i
__
Industries common
Wood
Gemmer
48% May
10%
-
Gar
Jan
34%
Ale
Friars
—
Shares
High
6%
__10
Brewing
for Week
18
1
-1
—u
Products
Steel
Frankenmuth
Jan
5/64
3%
8%
29%
Electric
Detroit
lui May
v sV
3%
8%
—
7
*
York Central
150%
10%
3%
*
Power & Light
Federated Dept. Stores—
Feb
Jan
10%
-
-1
Dayton
Mar
37%
Detroit Steel Corp
9% Mar
%
*
*-
.•
27%
May
31
32%
45%
——'
Cash
1
3,717
aa
32%
Commonwealth & Southern
National
1
-
Jan
140 y4 May
230
14014 141
1
7%
10
—
General
■
21% May
25
^
Curtiss-Wright
New
9%
3
i
_
Rights
General
421
___•
Ohio
&
9%
1A
Service
22%
Low
Par
High
Low
Detroit-Michigan Stove common
21%
__
.
f
«
Sales
Range
of Prices
Sale Price
Range Since January 1
High
"
;
-
->.100
American Tel & Tel
Rights-
'»
.
21%
10
-
Airlines
"
;
i
Last
STOCKS—
Shares
f of Prices
Low
.
Week's
Friday
Sales
for Week
Range
Y
Par
Unlisted
Week's
;
Last
STOCKS—
37
May
19%
Jan
Apr
11%
Apr
May
Apr
15
25%
17%
Apr
Jan
26%
Jan
1.80
Feb
Apr
14% May
17% May
Jan
t7% May
9%
12%
Jan
6%
Apr
23
21% Mar
6%
Feb
Apr
55%
Feb
10
22% May
65c
May
310
Mar
1
May
10
Jan
v
;.
Jan
Jan
.'•
Mar
39%
Feb
)
i
Jan
13
Feb
.
;
Jan
7%
8
7% May
35%
Jan
15% May
12 % Apr
Feb
302
Feb
13%
Feb
46c
Jan
Feb
23
12% Mar
12
Jan
7
Feb
11
Mar
9%
7% Jan
23
'
Jan
27
Feb
5
«;
8% Jan
54 % Mar
8%
•;
3% May
Jan
3
1.20
is May
,
•
43% May
56% May
I
62%
41% Mar
'
Feb
11%
Jan
13% May
23
Feb
25
,
t
a—
Feb
a__
—
Jan
27
36%
Feb
39%
Feb
all% all%
90
^0
10%
Feb
11 %
Apr
al09%al09%
8%
9
2.00 2.30
1,810
2,100
11%
9%
4l0
100
•
11%
9%
10
Feb
:
—
,45
42%
1% May
,y
3% Jan
*'
1
100
Feb
8% May
2.00 May
9%
Feb
8%
Feb
119
May
fiv.9% Jan
•rv.,,4% Jan.:
i,13'
.:
11%
Jan
:
1
38
THE
(2346)
COMMERCIAL
&
OTHER STOCK
Range
MAY
27
Shares
Philadelphia-Baltimore Stock Exchange
for Week
of Prices
Last
Sale Price
EXCHANGES
ENDED
Sales
Week's
Friday
STOCKS—
WEEK
FOR
RANGE
Monday, May 30, 1949
CHRONICLE
FINANCIAL
Range Since January 1
Friday
Low
Par
Illinois
Central
RR
10
Corp
Petroleum
Intercoast
a2774
(Un)—
15
•International Tel & Tel Corp (Un)—*
International
Paper
Corp
__
Kennecott
Co
Laclede Gas Light Co
Lane-Wells
(Un)
(Un)
Lockheed Aircraft
Corp
Diablo
Co—
North
Oil
Oceanic
Oil
Ohio
Pacific
Co
514%
__
American
120
1674
Jan
22
25
14%
Jan
24
128
„
10
—
_i.
6 la
1
1.90
of Calif
—
a20
10
25
____!
—
25
;
25
25
2714
Co— __________10
5514
preferred
—
10
(Un)_„—_
(Un)__214
(Un)
1
3
Feb
52%
59
Mar
Feb
—
100
.—5
>
——
National
Northern
14%
19
303
10% Mar
13%
Jan
Pennroad Corp
10c
20c
Jan
11%
Jan
Pennsylvania Power & Light———'''
Pennsylvania
RR
50
Pennsylvania Salt Mfg common
10
313
1874
Feb
16%
a20
a20
32 3214
3414 3414
a3014 a3014
2714 2714
Phi'co
Jan
Reading
614
30y2
Jan
120
327«
Apr
35 %
10
30%
Feb
3274
Jan
Salt
200
26%
Apr
2874
Jan
Scott
5514
200
51%
a36 / a36
3%
3%
30
3974
1,200
a9%
a21!4 a217a
102
61
41
4%
Jan
Sun
8V4
107a
Apr
United
24
Jan
20
Jan
Mar
Oil
Pepsi-Cola
(Unl
15
—
Phelps Dodge Corp (Un)
——25
Pulman Incorporated
(Un)__;
£
7
Oil
Pure
Co
(Un)—_______j
7
__
15 1514
al0% al074
a38% a39%
a32% a3374
26% 26%
725
15
Mar
17%
8
Jan
12
Corp of America (Un)
Radio-Keith-Orpheum Corp (Un)
•
1
__
8
5
20
5
2074
4,720
5
460
20
314
3%
576
May
3% Mar
5
5
al6!4 al6!4
518
4%
Feb
19%
Jan
1114
774
Warrants
Republic Petroleum Co—
Republic Steel Corp (Un)
1
Reserve Oil & Gas Co—
(
1
Rexall
Drug Inc
Rheem Mfg Co
2.50
393/8 May
53
120
32%
Feb
25%
Feb
32
Apr
913
11%
Feb
14
7% May
% May
9
__
706
610
44
60c
5714c
60c
3,500
Richfield Oil Corp common—
•
3514
33%
5 Mi
36
4,650
1
5%
125
:
__
Safeway Stores Inc
St Regis Paper Co
v
5
(Un)
Schenley
Industries
Seaboard
.
Finance
Sears
Oil
5%
19 %
57 %c May
25
Jail
Jan
674
Solar
Aircraft
Orig
Co
17%
Jan
Jan
Gas common
*
22 74
2,110
20
Jan
27
2174 22%
27
" 2774
26%
2074
20 74
*
50
common
1
36%
36%
37%
1,124
34%
Feb
39 74
46
4514
48
189
2514
Improvement
25
__
preferred
25
preferred
25
45 % May
10
Southern Pacific
pfd class A__25
Company
31%
3874
Feb
Jan
16c
3,200
16c
2114
2,110
19%
Feb
24
Apr
15%
15%
606
15 V4
Feb
17%
Jan
al074
2074
Feb
2674 May
28c
May
Southern Railway Company
Standard Brands Inc
Standard
Oil
Co
of
(Un)_
•
(Un)
__
.*
Calif
1014
50
9%
Feb
12%
2,421
29 %
Jan
32 %
Apr
Apr
4214
10
39% Mar
42 %
Standard Oil Co
(Ind)
(Un)
Standard Oil Co
(N J)
(Un)
350
2714
298
24%
24%
1,157
33%
300
a40 a41%
420
522
28 % Mar
297a May
26% Mar
29
23 %
Apr
26% Mar
33%
Apr
35%
Jan
40
Apr
49%
(Un)
7
Stone
Webster
Inc
Studebaker Corporation
25
(Un)
__
_1
3074 May
37%
—
—
18%
184
17% Apr
21%
1,444
5674 Mar
67%
39%
286
37 %
Feb
Oil Co
25
Swift
Co
25
&
(Un)
65%
Feb
7274
al5%
al5J/4
78
13%
Feb
18%
1914
735
16%
Feb
;,14
Texas Company
Texas
Gulf
Textron
,
(Un)
25
Sulphur
Co
(Un)
1
:
10
Corporation
Gas Co
Arkansas Nat
Columbia
0
*
common
Co
Blaw-Knox
Trl-Continental
Twentieth
974
Feb
11%
Corp
(Un)
Feb
1974
rights
System
Gas
20
194
141
28%
144
49
a62% a63%
56
58
Union
Oil
Union
-
Carbide & Carbon Corp
Union
Pacific
United
of
1
Co
Corp
Lines Inc
Air
UnHed
)
RR
Aircraft
United
.
California
Pitts
Bolt
&
Screw
Co
Renner
San
—
Corp
(Un)
Feb
55% May
1534
Jan
25%
714
13
7
New
common
Universal
w
10
•
i
i„
consolidated Oil Co
39
5
1174
Western
1
674
Inc
Western Union Tel Co
'
:
•
__
(F
W)
Co
(Un)
.
A
2174
10
■
__
Tel
&
Tel
»For footnotes see page
102%
200
2% May
374 Feb
34
Feb
3574 Jan
8% Jan
28
%
586
2774 May
2974
307a
522
2974 May
7 74 Apr
7%
3*2
774
55c
55c
200
50c
Jan
9c
2,700
6c
Feb
Jan
60c
9c
16c
1674
3474
3474
26 74
7
—12.50
26
2174
22 74
163
2174 May .,
Air Brak?—
Westinghouse Electric Corp
25%
2174
Mar
125
1374 May
20
3074 May
265
25% May
Jan
Feb
Jan
Jan
SI. Louis Slock Exchange
Sales
for Week
Week's
Range
Friday
Last
Tel
&
1
common
15
1
1
common
4,689
30%
17
30%
Mfg
Burkart
common
Clinton Industries common—
Coca-Cola Bottling
3074
17
2874
2 4 74
75
Feb
7%
24
Jan
100
90
65
2374
24%
25
2474
24%
24%
2 74
——
(Un)
(Un).
Griesedieck-Western Brew
—
& D
S
common—
—
Feb
31% Mar
International
*
__
78%
Feb
86
Jan
Johansen Shoe common
1
__
10
.22%
Feb
2674
Apr
Knapp-Monarch common
1
60
41%
Jan
564
36 34 May
3974
Feb
317
69%
77%
Feb
14
Jan
2 5 74
Feb
274
—
42 74
2 74
6
.
6
42 74
274
6
Laclede-Christy common
Gas
Laclede
Steel
—
5
common
Meyer Blanke common
2274
190
22% May
3914
1174
735
35
Feb
42% May
Missouri Portland Cement
300
974
Feb
12% May
North
6%
614
480
5%
Feb
al4% al4%
34
2214
427
5
300
a4674
a47
50
Apr
14% Mar
2178 May
$600
19%
Feb
32% May
Feb
40%
Jan
Jan
24 % May
174
Jan
40%
Jan
6274
Feb
25
Apr
3974
Feb
2% Mar
44 Va
Jan
2% May
2% May
6
50
7
20
—
—*
874
May
2674
Jan
Feb
7%
^9
Rice-Stix
477a
Jan
com
(Un)
—
18
18
.
-
18
19
^
common
132
100
preferred
St Louis Public Service class A
50c
18%
20%
>
4%
36%
—
2074
132
4%
7
34
Jan
16
May
18
Jan
16
Jan
1574
Jan
5
36
-
May
Jan
27 % May
25
16
Jan
Mar
14
75
280
2074 May
Mar
131
10
225
127
1774 May
1974 Apr
25%
Feb
May
132
4% May
5%
Jan
Feb
39%
Jan
34%
Jan
45% Mar
American
11% May
4,089
160
16
—
25
10
11%
24% May
39
1474 Mar
35 %
75
200
674
7
2774 27%
11%
—
4
common
11%
7%
May
Mar
374 May
Jan
Shoe common
2274
103
Feb
3 0 74
55% May
May
Huttig
Jan
1874
24
50
100
Hydraulic Pressed Brick common
common
lft May
31%
Apr
27% Feb
10
1 28
297
625
5
1
common
3714
10214
lft May
16%
3174
3674
5674,
6
common
Motors
a6774 a69!4
2174
104 Va May
1
High
1774 May
15074 Jan
29 Va Mar
31%
3574
55%
24%
3574
Electric
General
Mar
—
_1
7
10
Brew
General
674
2874
24
2874
common—,—:—1
Mat
20
—
103
-
ln'4
Feb
16
100
566
lft
,
Shoe
Brown
Low
High
17
17
140% 140%
—
140%
13*2
100
(Un)
12
11% Feb
274 Jan
3714
Low
Par
13% Mar
150
„
Range Since January
Shares
of Prices
Sale Price
5
Sears
Roebuck
&
Securities Invest
Co (Un)
common....
•
__7
Sterling Aluminum common
1957
2374 Jan
274
2774
2874
2974
10374 May
•
10474 May
—1
Stix-Baer & Fuller common
2%%
2374 Jan
2474 May
21%
365
1474
Jan
BONDS—
Amer
Jan
21
51
1674
3074
Feb
;
i
Mar
1C*74 May
50
2274
27a
Feb
5
Westinghouse Elec Corp (Un)
•
Willys-Overland Motors Inc (Un)—_1
Woolworth
]
•
217.j
a
1st
(Un)
•
1674
2574
10
-
Air Lines
Jan
10
.*
2474 Jan
137
10%
al2y4 al2%
314
314
__
10
Warner Bros Pictures Inc (Un)
•••-?
22
25%
375
2,069
37
__
a6774
•
30%
Laclede
United States Rubber Co (Un)
United States Steel Corp
Feb
*
12% May
156
1374
2174
1674
37
37
2714 28%
a8014 a8114
a23% a23%
__
9
Jan
a2374 a23%
__
__
ft May
1,000
7
Investment
20% Feb
2114
400
__1
1474 Mar
ft May
1
Tel
245
2174
250
a8014
Jan
9 7a May
12% Mar
25
13
2674
Feb
6 %
1
American
150
1514
2,203
_i_5
10
30
Alloys Steel
Vanadium
American
Jan
1114
50
(Un)
874
19% May
Toy Mining—
Steel Spring
Standard
Feb
Mar
1514
37
(Un)
(Un—
High
Low
20%
«.
—7
—1
Corp„_
—
—
Feb
64
1214
2714
Range Since January 1
145
12%
5
7
10
Corp
Pittsburgh Brewing $3.50 pfd
Pittsburgh Plate Glass
—
Fireproofing
National
30
11
280
11
25
54% Feb
6174 Feb
,
——
150
Feb
814
1214
(Un)i_*
common
Apr
High
202
Corp
Jan
'
*
Jan
Sales
ft
10
Harbison Walker Refractories com.—7
Lone Star Gas
10
Mountain Fuel Supply
'—10
Follansbee Steel
May
8% May
1474 Feb
874
1114
__
Apr
43
5,000
9
r_5
Rights
a5314 a53%
1214
1
37%
$10,300
Shares
i
w
Duquesne Brewing
Jan
141
—
(Un)—1•
37 74
Jan
1774
2
Century-Fox Film
Apr
2174 May
2974 May
for Week
13
Jan
70
5
Trancontinental & Western Air_
2074 Mar
8%
STOCKS—
2174
490
141
__
(Un)
•22
90
1974
19%
Jan
10%
a2978 a30!4
__
—
Feb
117
21
30
Loio
*
Steel
Ludlum
Falstaff
Transamerica
'
v
__
50c
Tidewater Assoc Oil Co
y
•
Incorporated
Preferred
a5374
18%
Range
Par
Jan
18% 31914
a
__
a29%
Apr
1,128
Week's
Sale Price
41% Apr
296
io!4
Superior
Apr
374
Jan
Jan
3974
a6574 a6674
l
__
1074 May
6074
274
Jan
61%
30%
__
25
52
860
of Prices
Last
STOCKS-
..
Sunray Oil Corp common
4%%
preferred class B
Jan
Feb
974
100
227
Jan
5574 May
Jan
Feb
18%
__
a66%
4 2 74
46
46%
Jan
Jan
6114
30%
__
—25
—
40 74
46
„
1975
4s
Apr
2914
29%,
__
■
1074
5574
374
2174
Jan
32%
a
2714
a40
•
1074
557a
3
20
21
2974
29%
1975
Transit Co
Westinghouse
Southern Calif Gas 6%
342
Friday
50%. Feb
25%
33%
__
24%
674
5574
Jan
16c
4214
4.32%
674
55%
3
20
20
'
Jan
20%
32
4.48%
2774
May
300
__
25
preferred
21
a34% a3474
al0!4
Feb
Jan
11
Pittsburgh Slock Exchange
19 % Mar
__
2874
23%
BONDS
8% Mar
Jan
__
Jan
674 May
5274
—
*
2374 Apr
19% May
Water Service—
_1
.-13%
Apr
8
456
2074
125
—
5274
*
Inc
Baltimore
22% May
7 % May
16%
com—25
preferred
4.56 %
50
26
__1
Calif Edison Co Ltd
Southern
225
a7
100
20%
Jan
Feb
Jan
506
*
May
17%
37% Mar
4074
38% May
5 % May
26
1
20
Feb
May
72%c Mar
1714
Corp
7
Socony-Vacuum Oil Co Inc (Un)_____15
Jan
14 74 Mar
32%
190
26
Apr
26
Oil
17%
1,422
May
8% May
Jan
162).
Jan
5%
1714
Signal Oil & Gas Co class A
Sinclair
22 %
a7
__
„____15
3474
Jan
81
May
6%
———
277'a" Jan
30
Corp
1,511
5,071
1974
1574
3674
A
74 Mar
81
45
Apr
•
—
20
81
8
Mar
1714
Signal Petroleum Co of Calif
;
2214
__
1.75
Roebuck & Co
Union
•
-ft
2 74 May
-ft May
6
Mar
1
(Un)
Inc
Co
Security Company
Shell
__
5
Jan
Apr
274 May
25%
Coal
Allegheny
■>
574
3%
55
200
Jan
20
1
Co
Jan
2474 May
?
36% May
140
Ryan Aeronautical Company
;
Oil
__
_______i
______
Ranch
Rice
20
314
•
Jan
11%
Apr
liy2
814
' ft
17%
674 May
774
474
2'/a
3674
5s series A
Radio
Feb
203
561
6%
4%
274
—
Jan
6274
1,801
19
1 474
Jan
216
May
55% May
12% Apr
5 7 74
13%
-ft
81
774
51%
Jan
Co
Jan
212
1374
77/4
19
1474
Westmoreland
Jan
95
ft
50
33y3c
(Un)__
RR Co
Co
May
Apr
5
212
5 5 74
81
Westmoreland
Pennsylvania
May
13
Jan
1174
40% May
Apr
common..;
Gas
20
16%
100
304
1,126
13
42 74
Jan
Corp
United
19%
20
23%
Common
Apr
1974 May
33
Scranton-Spring Rock
Mar
Jan
Apr
3% Feb
16% Mar
20%
common
Oil Corp. __b—i
Paper
Jan
180
165
Co
Dome
Jan
253
preference
div
$1.40
Jan
974
5774
4,240
common
Public Service EI &
2074 May
337a Feb
30
Corp
6574
Feb
237a
25%
2774
Jan
187a Mar
May
8
49% May
3574
32%
50
62
75
23
2474
27 %
Jan
Feb
50
490
3574
2.65
25%
62
8%
507a
Jan
Mar
23%
2474
2 7 74
Apr
78
13
3574
Philadelphia Electric common
$1 div preference common—^
1.90
Feb
*
Co com
Penn
Jan
7,950
10%
Jan
*
0
3
Water & Power
Jan
11%
1.95
88
56 74
_____1
„_—
17
1.90
6
274
12%
3.25
—
50
Rwy—
19 % May
Jan
275
1
Central
May
14 y8 Mar
20
614
12%
Apr
„
Light
&
Power
—
Feb
May
Feb
274
7%
474
Apr
9%
874
—
10
50
100
17%
2,000
243
195
251
*212
—
11%
614
a914
—
Jan
4074
10..
Coal & Navigation.
Lehigh Valley RR
Maryland & Pa RR
Mar
19%
__
:7
Lehigh
2.10 Mar
Apr
10 74
,19
10%
13
40 %
—
20
10c
5514
497a
1
1374
Corp.
Gimbel Brothers
Jan
1.90
1.40 May
—
——1
Assoc common
Motors
*
May
62
874
49 74
—
250
9%
18%
17% Feb
a 1414 a 1414
—
Airways Corp
Paramount Pictures Inc
10c
—
•
25
191
600
1114 all%
17%
17%
1114 1114
914
50
*
2%
Storage Battery——
Finance Co of America class A
General
Jan
1274
lft May
1474 Jan
1
Corp—
Electric
Mar
295
May
15074
27a
12
2%
Corp
Eastern Sugar
High
26
Jan
140% May
•
215
1274
12 74
9%
123/4
Delaware Power & Light com
Jan
10% May
1.00 May
2% Jan
a25% a2574
1
Securities
Chrysler
Apr
26%
Jan
,843,691
Jan
1.45
May
290
19
295
t c__7
v
Davison Chemical Corp
24
laa
1
__
100
common
partic preferred
677
18 % May
—
100
Pacific Western Oil Corp
Pan
1914
May
1.15 Mar
Co
preferred v t c__
1st
Budd Company
8% Mar
301
10c
1
5%
Jan
2,725
a
'
___
—
Indemnity
7
26%
Feb
Transit
Baltimore
674 May
Jan
5
22 y4
7%
a274 a 2 74
a5074 a5314
1.40
1.45
„
•
•
preferred
Pacific
100
167
2,599
12%
*
-13
Low
21%
"144
140 74 141%
14074
Range Since January 1
High
24%
1%
Works—
Locomotive
Baldwin
Shares
Jan
Bankers
6%
24
(Un)
Packard Motor Car Co
Jan
•
——
Arundel Corporation
Jan
46%
100
;—.
Rights
Apr
f
al774 al774
1.45
——*
redeemable
5%
56 %
Feb
221b
295
•
(Un)
(Un)
Corp
May
40 %
100
(Un)
preferred
43
682
2,016
!
Finance
6W
228
1.10
Gas & Elec common.
Pacific
9
1014
(Un)
Co
Co
11
1914
—5
Aviation Inc
Ry Co
Aircraft Inc
Jan
May
87/8
1.20
__
1
American.Tel & Tel:
for Week
2574
2574
*
Stores
American
Jan
5
i07
1,265
Range
Low
Par
Sales
Week's
of Prices
f
Sale Price
49% Mar
4974 Mar
1.00
(Un)
31
7
1
Pacific
Northrop
53
1014
Ltd
American
Northern
Apr
Feb
1.15
1
Central RR
Corp
2774
1
Ward & Co Inc (Un)
Mining & Dev.:
American
110
—1
Co
Oil
New York
North
1.50 Mar
100
Nash-Kelvinator Corp (Un)
National Distillers Prod Corp
Nordon
Feb
24
(Un )_._■_
Petroleum
Montgomery
1.00
7%
__
Monogram Pictures Corp
Mt
700
6%
__20
Hotel Co
Los Angeles Investment
Merchants
1.20
a28
22%
•
Magnavox Company
17% May
__
1
(Uh),
Angeles Biltmore
Los
Feb
__
7
Co
Inc
Jan
7%
10c
Lincoln Petroleum
Loew's
2c
5
5%
a4374 a44%
40 % 40%
5 V'a
a4374
—.4
—1
—
Company
Libby McNeil & Libby
—
1
•
5
(Un)
Corp
Copper
County Land
Kern
May
2,000
5,715
a457/8 a4674
a974 a974
Co
Kalser-Frazer
9c
26
6%c
1714
1.10
a27%
__
(Un)_*
International Nickel of Can Ltd
Jan
6c
17
—
17
22%
Last
STOCKS-—
29 Va
26
'25c
33'/bo
Ltd
Independent Exploration Co
High
125
100
(Un)
Co
Development* Co
Imperial
Low
High
5
Wagner
Electric
common
15
36%
3 1 74
__
„
~
37
37
„
32
3 00
10
1274
36
10%
127
12 Va
100;
31% Mar
37
755
10 \
may
12 Va May
,
36
,
May
32% Mar
15
Jan
.1374 Mar
46
1 Jan
44.
*
x
,
mt,r
v* •».
i.
Volume
169
Number 4807
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
San Francisco Slock
Last
EXCHANGES
ENDED
MAY
27
Friday
STOCKS—
&
Macy
Range Since January 1
*
(R
Co
•»
Hi
Po
Air
Reduction
Alaska
Co
Juneau
Lo to
(Un)
Gold
American Airlines Inc
High
LOW
a22% a22%
Min
Ilio
Co
a3 Vb
a3V8
9 [A
al%
18
IOVb
210
11%
11%
279
a43% a44%
101
10
Jan
2
Marchant
iiiu,
Mar
1 %
30
10%
A pi-
Jan
Mar
25
18
2%
7
325
9%
High
Feb
23% May
3% Apr
20%
90
9'A
als8
1'
(Un)
60
Calculating
v-0
b.u
& Foreign
American
Factors
American
Power
Power
Ltd
&
(U11,1
(Un)_
Light
__
Matson
Navigation Co
20
___
(Un)
.
Amer Radiator & Stan San
(Un)_
American Smelting & Refining (Un)__*
■
•
—
22
11% May
14%
Jan
53 Va
Feb
Mother
Lode
Tel
Rights
Tel
&
i
w
18
May
7%
Feb
Apr
M
J
&
M
&
M
Montgomery
Cons
Ward
_
Corp com
Woolen
Anaconda
Co
&
Co
a
1 A
141
1
1,183
45,421
141 Vu
149%
May
:iV May
51Va
710
51
May
27
27 'A
792
25 %
Apr
31 Vb
Nash-Kelvinator
61 VB
32
-50
27%
Bank- —20
—
27%
450
29 Vs
29%
606
h5Vs
29 %
5
a5
V2
Fe
(Un)__ -100
Mfg
Corp
a87 %
5
_
a
1 l'ff May
Jan
27% May
28 % Jan
50
4%
_10P
(Un)
a88
142
5%
34%
3,900
5%
Locomotive
Auto
City
Distillers
Natomas
Jan
7%
(Un)
13
alO
alO
20
A___
-100
286
290
10
Corp
Aviation
(U11)
—5
Beiniehem Steel
_.
a29 % a30%
-i
-
*
lUn)„
26 Vb
26 Vb
26%
Company
Jan
hop
Oil
Co
.2
Holdings Corp (Un)
Boeing
Airpjane Co
(Un)
Borden
Co
*
-
4Vs
Invest
Mai-
Northern
(Un)
Jan
Occidental
11 Vs
Apr
Ohio
Oil
Olan
Sugar Co
355
May-
34% Mar
2,848
Jan
7% Mar
14%
Oliver
1.95 Mar
Jan
2.60
21 VB
Feb
24
40:4
Feb
Buiker
Hid
Jackson
Co
-
8%
8V2
200
8
15 Vb
15 Vb
100
14
23 Vb
100
23
50%
% May
Sugar
Mar
a22%
-
Calaveras
.1
__
Pac
a
Jan
9
Cement
Co
Packing Corp
Dry Ginger Ale
*
common
(Un)„.
a31
4 '/a
900
6%
•
California
6%
100
6
Jan
25%
280
Feb
1%
al2%, al2V«
20
4
New
Tractor
common
Ctiancse
Central
Corp
Co
Va May
of
5'r
Eureka
Mining
5'/c
1
(Un)
25
Mil
St
Paul
Preferred
Chrysler Coip
(Uni
com
36%
Jan
10%
Jan
10%
*
"City of Paris
Feb
59%
10
28%
100
25%
525
2'8%: May
24% May
1.05
4.500
a32% a32%
310
1.00
Columbia
Gas
Rights
Iron
System
i
v;
Columbia
&
Pacific
&
Commonwealth
Conso idated
Edison
95c
1.80
Feb
31% Mar
34'/a
Jan
Feb
8V8
Jan
Vultee
Y
125
25 Va
Jan
29
Apr
16%
50
19
Jan
Class
B
common
Eastman
El
Dorado
Electric
Emporium
Ewa
Capwell
(Uni
General
Electric
General
Paint
Jan
22%
22%
460
a40% a40%
11
22.%
alO
a
9%
a
alO
a 6%
6 %
a54 %
a6%
4%
State
Co
221
9%
Goodrich
<B
22%
Ry
Greyhound
Kale
10
Hobbs
Stores
Holly
1
10
2,229
97%
40
8%
910
7%
Jan
9%
10c
9%
Feb
Motor
Foods
Car
12%
Feb
12%
Idaho
28%
Jan
9 Vs
200
9%
21 %
990
24%
5%
6
400
5
Feb
41%
41%
14V;
308
11%
al4
a
34 %
463
V8
6
41% May
10% May
14%
155
12% Mar
35
11%
a
521
33
IXL
Mining
Tel
13
25
26%
26%
30
36%
36%
725
Tel
56-
*
105
22 Va
36
Co
Feb
7%
Johns-Manville
Corp
(Un)
S
&
108
28 Va
May
27% Mar
W
May
16%
Apr
25
&
Feb
12%
Jan
800
10
58
50
57
25
a.._
40'/a
265
40%
1%
300
1 Va
a37Vs a37%
130
38
830
10Va
62%
Apr
So
May/
May
May
44
Loew's
(R
McNeill
Inc
For
Gl
A*
Aircraft
foctroi.es
page
Apr
35%
Jan
30
May
32%
Jan
27%
27-%
388
27
Apr
29 %
Jan
21 Vb
27 %
620
26%
Apr
28%
Jan
51%
52 %
510
50%
Feb
54
Jan
100%
100 :,4
31
100%
May
104
310
_T
—
•
52
52
18%
__
30
.
100% May
49 Vb Mar
Jan
Feb
Jan
100% May
Jan
58
18%
212
15%
Feb
19% May
91
130
89
Feb
96V4 Mar
3%
3-%
400
3%
Feb
9 Vs
9%
133
8%
Feb
17
276
17
al02%
102Va al02%
a
21
50
5
Mar
15
15
438
9%
615
38%
25
..P100
39%
385
12
—
13
100
12
56%
274
52%
5
100
13%
2,170
"——7%
(Un)
•
common
a27 Vb
&
32%
12% May
Jan
35
Apr
Feb
32 Vs
Apr
IIVb
Feb
11%
698
Co
7Vb Mar
S
May
48 Va May
57
Jan
22%
122
22 Va May
28V2
Jan
166
29 Va May
34%
Feb
20
20
20 >2
773
20
a37 a37%
105
35 Va
Jan
36%
Feb
16%
al5% al6r,,8
67
16'A
Apr
•19%
Jan
25
Jan
a
35 Vb
33%
24
10
21Vs
Feb
38% May
25 Vb Jan
50
25%
Jan
29
5%
5%
200
10%
10%
22
22
.221
6c
7c
25.100
37%
7%
34%
87
25%
25 Vs
1,800
20%
•
a36%
"
a 36
15
a
*
a
32
25
Gas
Co
pfd
ser
12%
Feb.
Feb
11c
Mar
189
34%
Feb
39Vb
Jan
30
f>%
Apr
8 'A
Jan
Feb
38 Va
Jan
31
-
Jan
26
20%
677
1S%
Feb
24
Apr
15%
636
15
Feb
17Vb
Jan
23
860
22 % May
28 V*
Apr
32 %
3,754
29%
32% May
24'A
24%
-j—*
—
23'A Mav
6c
27%
27%
346
29%
_
29 %
29%
1,475
4.48%
10% May
Jail
16%
31%
—
(Un)—»
34%
6% Mar
22 %
15%
-5
a
100
Aor
5% May
15%
•
III—15
%
7%
■
—
—
Jan
27
7c
—
com
2,039
26%
24
P10
Co
3(1
May
27
■—,'
j—5
Edison
Jan
150
138
4—.-—lo
__
14%
9
51
5 »/4
__
Jan
48 Vs
(Un)-*
(Un)
21%
a37'/8
10
*.
Co.
6% Mar
May
22 Vs
t——1
Inc
Jan
May
a29% a30 Vb
a29%
_
A
5
60
9
•
class
Feb
15
Feb
25 %
11%
:__i
_
49'/a
May
20
—
I
Apr
110
.a
1
(Un)
Jan
a33% a33:%
_
(Uni.
Feb
17%
11%
a27 Vb a27%
♦
—
Jan
20
a
24 Vo
38% May
12
56 V,
'
Jan
Jan
12%
'
4lA
10% Mar
Mar
8%
5
#
pfd.
—
20
9%
—
Feb
_
100
15
—33 V'3 c
16%
a
21%
Va
A—.25
440
20%
Jan
May
May
26% Mar
25%
Feb
29%
Jail
28
Apr
29%, May
35 Va Jail
Feb
49%
25% May
27Vb
24
Pacific
Co.
Mar
33 %
33 %
40
33%
40
40
41%
1.429
39%
25 Va
337
12 Va
Jan
25%
-
Si
%—
*._
Brands
519
16 Ve
Feb
19 Vs May
600
11%
11%
255
10 V«
Feb
13
9%
9%
400
8%
Feb
Oil
Oil
Inc
Mold
Texas
Tide
Co
Co
•
Corp
J
—
Oil
Corp
15
18%
207
63
2.040
35c
18
Jan
20Va
Jan
Jan
56%
Feb
67Va
102
67
Feb
72 %
19%
940
16%
Feb
20%
17%
17%
264
16% .Feb
66%
a
a53 Vh a54 Vb
Apr
Jan
17%
a
Jan
32c.
66%
61
66%
—25
(Un)
AsS'd
280
18%
a
..i
10
...
--
61
III25
(Un)
——— __—
_
Company
Water
Transamerica
«
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N
(Un)
Va
a30c
a
.
25
30c
18%
'
——
(Un)
of
of
Corp
.
II—1
Corp
Valley Co
Standard
Super
1334 May
18
■
•
_
M
a
Jan
Jan
18
Mar
May";
49
Feb
55%
20%
Feb
25 Va
10
Jan
12
153
10%
Jan
13'A Mar
37
907
36%
Apr
41%
29
1.205
25%
Feb
31% Mar
98
common—
10
21
21
22 Vb
569
—
2
11'A
11
11'A
5,431
11%
11%
Jan
Mar
10% Mar
1.75 May
2.05 May
3Vs Mar
9%
*
P2
Transcontinental
Union
Carbide
Oil
185
'
•
35
185
100
17
17%
1,915
7%
Feb
17 % May
9%
17%
*
1
Jan
Jan
4 Va
9%
175
8%
Feb
11
Apr
May
45
Jan
35
38
34%
.
5,500
1.85 May
35
2.20
Jr.
i
& West
&
Aircraft
Air
S
Steel
New
Corp
Lines
Corp
common
30
5
May
43
May
55%
Jan
41
435
40
Feb
46%
Jan
Western
Dept Stores
27%
29
325
27% May
32% Mai¬
Western
Pacific. RR
13
Western
Union
40%
.
Jan
Warner Bros Pictures
Jan
Westates
13
13
100
9% Mar
7
7
1
355
7
19%
19%
200
16%
Jan
21
•(17% al7%
50
14%
Jan
18% May
May
ls
May
8%
Vs
23%
a23%
Jan
Westinghouse
Woolworth
Cab
(F
Co
a
24%
11%
Jan
68%
23
125
■~i~.
-
V*
(Un)
common
Co
78%
23
May
24% May
Jan
12 Va May
Telegraph
Elec
W)
Corp
(Un)
preferred
11%
IIV2
1
98c
1.05
4,011
85c
6
6%
2.400
6
50c
VI4%
14%
130
a22% a22%
common.....0
(Un)
(Un)
13%
*
13%
24Va, Mar
Feb
Jan
68% May
255
■
10%
404
23
r
24
469
12 %
68%
-5
(Un
common
(Un)
Apr
a
'
_1
Petroleum
Preferred
Yellow
37
27%
•
4
240
9
5 *
—10
-
1,742
39%
37
27%
25
(Un)
,wi_.
5 V«
35 V*» May
•
_
common
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34%
a
5
(Un)..
5
common—
a43% a44.%
a
Air—J.
Carbon
Calif
of
United
U
_
"
Co
United
11
_
357
V
20
1
155
9%
Feb
1
May
13% Ma r
14% Mar
Jan
1.20 May
7%
16
Jan
Jan
a__
a—
13% May
16% Ma:-
21%
22 %
425
2i% May
26%
10
46%
46%
172
44%
Jan
47%
Jan
25
20
20
50
20
J<.n
,2012
Jan
12V2
21%
44.
G
33 Va
90 %
__
3%
•
4.56%.
Studebaker
Apr
11% Mar
13%
Feb
2.10
*
see
33
495
(Un)
preferred
Standard
39%
11%
1
(Un)
1.187
30 Vs
•
Inc
Pulp
California
Sperry
I
2.05
33Vbc
.
—-
Corp..
34%
30 Vb
it
Co
Oil
pfd
Soring
2% Mar
2.05
10
Inc..
Libby___
33%
•
Jan
125
41
Lockheed
34'A
—
Really
Co
Calif
Standard
1.75
5
Libby
Jail
Jan
30 %
11_10
Mining.
Union
Southern
Feb
1.75
Kern
LeToumeau
6V2 Mat
21 Va
prior
Foods
Water
Preferred
a
11%
(Un)__l
1
Jan
Jan
100
Corp.
Stores
4.32%
Feb
1.75
5
Co
5
Apr
common
America
Roebuck
Conv
Jan
18
a44 Vb
Salt
11
3%
25
Fine
Southern
Jan
13%
•
Leslie
5
5%
2.50 Mar
13 Vs
30 Va
■
Soundview
Jan
1
Company
Feb
—
Sinclair Oil Corp
(Un)
Socony-Vacuum Oil (Un)
Mar
11%
1%
1
Land
May
4
2.35 Mar
100
Incorp Lommon
Maurico
Shell
Jan
22 Va
11%
40 Va
KaJser-Frazer Corp —J...——
Kennecott Copper Corp .(Un)
County
11
100
4,798
(Un)__—
Eouip
Safeway
43% May
62 Va Feb
12%
•
•—
420
4
Jan
■*
.
412
12
..."
57
11%
—
2.40
__
Signal Oil & Gas Co class A__
18
39%
a59% a59%
3
Jan
4 Vb
.100
Pulp & Timber
Cement
Sears
Feb
11%
a37%
Jan
33
2.40
—
(Un).
cor.v
Oil
Shasta
Jan
41%
24 Va
•
2.65
Apr
32%
common...
Ryan /Aeronautical Co„
Jan
May
1.407
23%
57
(Un)_*
Z.
1.95
26 Vb May
11%
*
(Un)
Bros
47Vs Mar
26% May
200
*
(Un ).**
100
139
Feb
Mar
5%
25
.
*.
Richfield
14%
56
145
57 Va
11%
23%
r
Corp
•
1.95
1,000
a25% a25%
•
Riverside
May
100
a42% a44'/8
53
*
Mines
&
41c
..
Manufacturing Co
Jan
15 % MayJan
39
Feb
355
*
Exploration
International
Feb
Jail
32
(Un)
of
San
106
6%
Maryland
Independent
23c
28c.
Jan
Apr
9%
22%
Co
15%
4%
Airways
Republic Steel Corp
97% May
Mar
22%
Inc
11%
Feb
4
—
Reynolds Tobacco class B
Jan
27
94
27 Vb
__
Hunt
Mar
15%
2.40
*
Union
Hudson
10
40
100% 100%
_
.
common
Preferred
Feb
9%
22 % May
lo
i
46
a
51
Apr
23%
13 May
Un»
11%
14% al4%
Jan
32%
(Un)
Pictures
Corp
Raihvay
54 Va Mar
Jan
9»A.
«•
Battery Co class B
Development Co
May
1.95
-25
_
com
Radio
Rcos
Ltd—
Co
8%
13 % May
Inc*
Pineapple
400
15
—
Jan
19
28c
20
com
Inc
Rayonier
365
pfd
non-cum
11
Feb
Jan
1
1
Feb
17%
11%
25
(Un)—
Apr
8%
13%
(Un)__
Corp
Bros
Hafraiian
12 Vb
9%
Graham-Paige Motors (Un)__________1
North
Feb
Feb
54 Vi Mar
27 %
25
Goodyear Tire & Rubber
Great
8%
6V2
50
8%
;•
(Un
9 Vb
284
14 %
a
Jan
22 %
9%
10
Co
400
19
25
Cement
Co
Whistle
Pullman
23% Mar
97%
100
F)
9 %
Apr
11%
—
Companies
Puget Sound
Jan
43%
I :i
to
common-.
9%
19
....5
Apr
Apr
106
common—--
Pig'n
I1.: Mav
14
21% Mar
13%
preferred
12%
25
Service
American
Rheem
20
(Un)„
Ltd
11%
41%
80
54% a56%
•J;
Golden
11%
10 Va Mar
9%
—_
Phelps Dodge Corp
(Un)
Philippine Long Dist Tel Co
Phillips Petroleum Co—
27 % May
___1
Gladding McBean & Co
10'A Mar
377
*
Fure Oi! Co
(Uni_._100
(Un):
Corp
25%
*
Corp..
305
11%
3% May
170
*
preferred--*.
Co
Jan
a27
5
—_
Corp
Motors
2%
a26%
lo
Machinery & Chemical
General
10
*
(Un)
Food
General Foods
a3%
(Unt —10
prior pid
Kleiscr
a3%
5
—
Liquidating Corp
&
May
1
i.
Co
Beard
Foster
May
10
5
com
—
Fibre
Prod
3/64
240
5
Co_
Plantation Co
FAR
943
5
—
common
Share
&
445
l
10
*
Works,
Oil
Bond
10%
10
1
(Un)
(Uni
Co
a
10%
•
———_*
Bridge
Kodak
16%
17% May
10% Jan
1
Dominguez Oil Fields Co
Dumbarton
a
*
<Un)
class A
11
11
15
Pennsylvania RR Co (Un)
Pepsi Cola Co (Un)__
May
27%
(Un)_15
19'A Mar
10%
—
_
Corp
Tel
&
Paramount
Jan
27%
a26%
Jan
Mar
—
-
May
1
Corp
B_*
_
Motor
Paraffir.e
Jan
98
(Un)
(Un)
Corp
Fruit
32Va
57%
48 %
——
Giorgio
Feb
May
Apr
Corp common
Preferred
Di
30 Vs
50
95
Creameries of Amer Inc
CiutissrWright
163
205
42% Mar
Aircraft
(Deli
Co
Zellerbach
50 Va
6
20
(Uni
Continental
Crown
50 %
252
"
Co
Feb
Jan
11
Jan
3/64
N
Gas
Continental Motors
Oil
a21% a22%
.
of
Co
17 Va
—1
common.-
preferred—
Tel
Pan
47
25
Natural
Consolidated
a6
a45% a43 %
•'
Edison
375
100
—
—
class
preferred-
Public
Pacific
Jan
98
tUnj
Southern
—
Aggregates
Portland
30 Va
,98
(Un)
—
Puckers
Commonwealth
Consolidated
a5%
20
com
—,
River
pfd
17%
100
(Un)
Corp
preierrtd
Packard
100
<Un)
17%
1
preferred
28% May
3'A
1st prefererd
Fuel
6
a46 Li
7V4
10
■
Apr
25
,
(Un>
Chemical Co
Colorado
a
Feb
H
Jan
54
1.06
100
——
Cities Service Co
Clorox
RR
(Uni
6%
(Un)_—'_—— 1—20
Co
PrelCrec]
Chi
200
1
(Un)
(Uni
Lighting
$5
28%
a32%
9%
7
*
preferred
red
S4.50
426
•
Co
Chesapeake & Ohio Ry
170
Apr
Feb'
15%
10
7
—
preferred
1st
1st
Apr
57'a
28%
America
12
10
—
Electric
&
1st
8% Mar
57 Va
—
;
i*t
210
cap
Filters
Coast
8%
24%
*
12 1
Apr
11
Sugar Plantation
Gas
Pacific
Caterpillar
12%
57% Mar
Jan
Jan
30
a31 % a37 Va
va
12 Vb
.
com
(Un)_
Sugar
5%%
Mar
22
May
4 V2
Jan
22c
22%
Mai-
Pacific
Cahunbra
Canada
10
(U11)
_
44 Vb May
2 Va
*
Sullivan
&
180
(Un)
Railway
Co
Co
United
Pacific
41% May
44 Vb
Jan
19% Mar
'f
(U11)
common
Petroleum
Oil
Paauhau
Jan
6
44 Vb
Feb
145
610
Jan
14
—5
Broadway Dept Store
Byron
Pacific
7 Va
lOVz May
400
17c
,52 Vb
52%
a
Mar
6''0
Boig-Warner Corp
Jan
Jan
35c
21 %
(Un)
cap
American
6
32c
Apr
5% May
286
50%
*
cap
RR
North
Feb
21c
33%
2.15
2.10
Jan
20%
a
(Un)
Co
20% a20%
a
15
2.709
18
18
22c
5
Prod
American
a41 Vb a41%
—
(Un)-
18
1.50 Mar
1
North
26 VB May-
8%
1,900
17% Apr
33'A May
33 V4 May
■
Jan
Jan
Apr
1
Jan
102
30 Vs May
2.05
2. 05
25c
Feb
214
a
23%
11%
i
21
(Un)
Aviation
170
8 Va
1
68
Feb
11%
470
1.60
23c
...
Fibres
York Central
New
Oncmca
Blair
?
32%
1.55
*
(Un)
Lines
American
800
.
14
9%
10
20% Mar
Jan
20% Mar
211
N
California
of
Bendix
50
32%
a
1.55
1
Co
Corp
National
National
Feb
Oceanic
Baldwin
300
31V2 Max-
May
162
436
28c
5%
—
5
27c
2 7c
—3
95
a21 Vb a21%
__
2.50
—
87%
20%
Jan
1
51
—
Anas Imperial
Diesel Engine
Atok-Big Wedge Mining Co.
Eh
u140'b
32
*
U11)_
&
North
Top & Santa
Corp (U11)
Bank
1
*
(Un)_
Atchison
Avco
al40 %
14
—
(Un)
National
III)
(
(Un)__
(Un)
Copper Mining
California
Atlas
100
18
h97b
._P10
Co
National
American
Anglo
(Uni
•
American Viscose
Armour
Co
Mines
IOVb May
20% May
13%
■
■
1
M011 ison-Knudsen
American
13%
—18
(U11)
Co
31-% May
112
Apr
45 Vb
Mindanao
Jan
IOV2
Mfg
High
.
3OV2 Mar
9%
a
—
<■
(Un)-i
Robbins Inc
&
Mtnrsco
Low
50
a
20 34
1
—
—
Range Since January I
High
30%
alO ul0%
10 Va
a
5
Machine.
ivixeiin)
McKesson
American
>>
1
—„
Shares
30%
a
•
for Week
Low
common.——
y:'
Sales
Range
of Prices
Par
for Week
Shares
Week's
Last
Sale Trice
^
Par
(2347)
Sales
Range
of Prices
Sale Price
WEEK
Exchange
Week's
Friday
stocks—
FOR
CHRONICLE
a
Jar.
39
40
&
COMMERCIAL
THE
(2348)
CANADIAN
MARKETS
LISTED
FOR
RANGE
WEEK
ENDED
Monday, May 30, 1949
CHRONICLE
FINANCIAL
MA¥ >27
Ouidlan
Week's
Sales
for Week
Sal«Trice
of Prices
Shares
Par
Low
...
-20
12%
455'
8%
37%
37%
41%
1,011'
37 % May
56
Jan
49
48%
50%
860
48% May
61%
Jan
—
Can 4%
of
III25
pfd
&.Teleg
Power
ft
Light
•
Preferred
Oil
Bruck
B
class
Ltd
Canada
-
_
19
520
23
Jan
41%
2,841
38%
41%
Jan
18%
2,585
18
May
20 Vb
Apr
13%
13%
150
12
Jan
14%
Apr
23%
24
1,005
22
Feb
24%
Jan
1,545V.
24%
Apr
2%
2%
«
Canadian
Canadian Bronze
Canadian Car
Jan
25%
Jan
3
2%
Feb
240
24%
Feb
26%
2%
1,003
2 %
Feb
3 %
Jan
15
75
15
125
5
Jan
a273i
255
27
May
16%
600
15%
Jan
17
Apr
5%
a27%
Ogilv'.e
».
13%'
Electric
Light,
a8%
13%
~
22
26%
Jan
Apr*
30
Feb
19%
Feb
22%
Jan
9%
Jan
13
Mar
14%
Jan
85
35
Mar
37%
Feb
8%
5
20%
20%
21%
21%
75
a
2,385
10% May
14%
5
1,143
Jan
•
14%
Jan
17
14 % May
20%
Jan
20%
37
190-
21
21'
125
22% Mar
Feb
19%
20
36
25
48
48
48-
Jan
36-
May
39
20
-
May
22% May
al31
9
26%
26%
70
8%
8%
834
440
8%
8%
8%
30
30
30
75
-25
13
13
13%
3,698
•
Canadian
Ind Alcohol
12%
12%
1234
730
*
Foreign Investment-
Canadian
a
—
__
Mar
48
May
Feb
46-
155
131
100
pfd
133
LlCanadian Locomotive
Class B
t
*
—
<
Cenadian Pacific Railway
Cockshutt Plow
;
__.
Feb
28 %
Jan
8% May
11%
Jan
8% May
11%
Feb
36%
Jan
May
17 %
Jan
89
89
12% Mar
14%
Jan
*
37%
37%
38
151/2
15%
1,455
36
13
75
15 %
28%
24
Distillers Seagrams
Dominion
6%
77o
Glass
preferred
Common
Red
&
Tar
vtc
Dominion
Textile
37%
Apr
May
21
Feb
27
Feb
35%
Feb
39%
31
18
Jan
Apr
Feb
34%
Jan
14% May-
17%
Jun
21% Mar
24% May
55
15%
5,481
24%
24%
180
24%
24%
40
21%
Jan
f
Jan
Jan
•
14%
14%
15%
1,100
13
Mar
16%
Apr
•
48
48
50
1,930
48
Feb
60
Jan
100
97
96
Feb
Canada—
Ltd
Co
&
•
common
preferred
Quebec Power
Holland
4%
Paper common
Royalite
Ltd
Oil
Saguenay
4%%- pfd-h.—
Power
Lawrence
Corp common
preferred
2nd
—
preferred
Lawrence
—
1st preferred
Paper
Williams
Simpsons
Ltd
class
A
Southern
Canada
/?__
—
21%
Jan
100
19%
Apr
21%
*
11
11
11%
7,744
10%
Feb
12
167
167
15
165
Jan
167%
15
15%
90
15
May
25%
15
62
15% May
17
12%
12%
25
11%
Feb
14%
Fraser
16
50
14:%
Jan
16
14%
a
—
Corp__.
a
General
5%
Steel
Lime &
Gypsurn
Canadienne
Howard
$2
100
Ltd_.
Commerce
5
18%
1,185
15% Mar
18
1,090
16
Feb
19%
19%
75
19
Va'May
25
25
25
50
25
May
18%
I8V2
18%
120
6
6
6%
4,000
—
.50
,
preferred
6%
preferred
Ir.dust
25
Feb
Feb
160
160
160
6
6 VB
6
6%
577
14 %
2514
24
4 % 7c
Corp
common—..®
preferred
—100
Bronze
Co
Ltd—
Jamaica
.7%
Public
Service
preferred
Labatt Ltd
.
of
,
May
28%
Apr
18%
50
18
Mar
_
32VB
34 %
2,376
27
Feb
a'38
a98
10
98,Jan
a42
15
39
Feb
25%
a27%
25%
75
25 %
Feb
a 28
45
27 % Apr
_
98%
Jan
Eathurst
a28
Jan
35
103
85
14
15
16% May
102 %
14
248
■.
Apr
Feb
17%
106
15%
Apr
20
100
Apr
102 %
Jan
15
51
Apr
52%
Jan
14%
Feb
17
10
20
255
15%
9%
45
9%
575
8%
29%
>
29%
385
27
45
45
108
44 %
.
Feb
10% May
31
Apr
Apr
46%
Jan
Mar
39%
42
1,162
39% May
56%
^43
25 3
Jan
28%
Jan
—
—10
24%
May!
Feb
29 %
Apr
•25%
Feb
26%
Jaii
34
Mar
~_*36 XU
Apr
25
Jan
26%
Apr
34%
65
25%
'
25%
343i
34%
25%
Jan
Feb
28%
,
25%
25%
.
20%
22%
40
2,470
29%
19% Mar
220
24%
24
10
25%
1,086
Sales
Week's
Range
for Week-
of Prices
Shares
Last
Range Since January t
High
Low
Low
High
11%
11%
4Va
4%
4
a4
165
165
5
165
Mar
170
10
160
Mar
Feb
12%
Jan
50
4% May
5%
Feb
23
4
6 Vb
1,520
10%
I.td-
Ce
B
&
Power
class
Light
a
"
B
165
common.;.—100
Ltd
•
May
J.111
165
Mar
170
May.
""
100
170
—
Class
18%
5,046
16%
19%
Jan
*
B
Feb.:,
10
14 Va
Jail
15
Jan
75
10
Apr
12 %
Jan
5%
5%
75
5% Mar
6%
Jan
80
25
80
151
17
—
"
Brown
80
80
1°°
1
152
152
10
2%
2%
2%
4,000
—100
Columbia
75
74
81
425
*
19%
19%
20
405:;
*
48
48
Pulp & Paper com..*
Preferred
r-~--■
Company
common
——
Preferred
Feb
Canada
13%
13%
14
25
25 V4
13% Mar
480
14%. Jan
24%
1,105
25 %
Jan
25%
May
Feb
16U
Apr
•~4
May
103
Jan
23
Jan
2%
74
Feb
106
Apr
y-
a7
10
6%
Jan
7%
Feb
23
85
23%
835
19 %
Feb
23 %
May
85
85
83 %
10
Jan
85
al7
al7
17%
10
Apr
22
Sugar
*
Co.
Fairbanks-Morse
Canadian
Jan
30% May
36
Jan
Canadian
2,435
47% May
58
Jan
Canadian
12%
2
3%
Western
Lumber Co
175
50
Feb
59%
Jan
Canadian
13% May
15%
Jan
Chatco
Steel
Prod
Neon
General
19% al9%
55
24%
225
19%
24%
•
147
147
22%
347'
74
•
Vlckers Ltd, common—
855
a
50
1
a__
—
17 Vb
Jan,
22
J
Jan
178%
Jan
74
>
-
May/
•:
; ■
*81*-
Feb:,
821
2
22%
Jan
24
Feb
75
81%
415
63%
Feb
84
Mar
4
Apr
13
Apr
Feb
110
23
Jan
Preferred
common^
.—100
'
3,700
9
30c
1,587
65
168
a3
,
__
9
30c
60
!>
Adv Ltd com—*
■
25
3%
Feb
9
May
25c
Jan
54
Jan
11
60c
t
100
Jan
Feb
33«
3%
'
Ltd
Apr
29
Jan
__—
common
preferred
Consolidated
Div
Stand
Sec
class
Paper Corp Ltd
a3%
775
5
Ltd
Alcohol
Commercial
Jan.
a21
Jan
15
al9 %
74
75
52
11% Mar
171
Ingersol Rand Co Ltd—_—•
Silk Products class A
*
50%
105
47
74
14%
10
171
171
50%
100
Jan
Apr
a__
19% Mar
171
1
,:
15% Mar
150
———;———100
14%
13
257
20
20
5
105
50
33
V.
Jan
4,479
7 % May
4
16%
20
preferred
49%
3,115
Feb
Feb
Mar
a230
15%
Canadian Industries common
31%
8%
18%
42%
30
15%
a230
Invest Ltd
Canadian- Gen
47%
7%
50
a230
-50
—*
*
Canadian Gen Electric Co..
30 %
7%
31%
31%
10
48-
33
Jan
Aprr
a7
23
Dominion
&
Malting Co Ltd
Feb
1C%
al5
10%
'
Packers Ltd class A.-*
Columbia
British
17%
75
al5
10%
17
17
Belgium Glove <fc Hosiery 5'.c pfd—20
Brewers & Distillers of Vancouver
6
Jan
18%
13
common.
Feb
Jan
205
20
24
29 Va
__
10
Jan
15
App
Feb
a99% a99 %
99%
Jan
37
100
)
11 %
Eelding-Corticeili
7% preferred
Class
48
*
19
Jan
May
105
—
Woods
Jan
25--:
a
4 %
97
com——*
(Johnl——
the
28 Va
Apr
'
25
—-
Products
Fabrics
22
Auto
87c
Lake
Apr
21
33 V4
Ltd
Steels
25
ICO
Ltd
25
50
_!'■
Par
Claude
Corp
590
24
Friday
30%
•
Power
Utilities
Jan
25%
*
•
International
International
16 Ts
—
•
100
Canadian
Petroleum
14% Mar
14%
Sale Price
•
Paper common
International
Jun
140
a
Canadian Funds
15
International Nickel of Canada__
International
7%
.
Montreal Curb Market
300
pfd—___—25
6%
May
25 %
10
v,,:.7%
International
Apr
6
18%>
14 %
*
mmmmmrntmrnrn
97
al7
Jail
170
160
a42
I
•
Worts
&
Royal
22%
103
Apr
16%
Nova Scotia
97
16%
Jan
Mar
—10
Jan
£1
Acceptance
7%
14
Montreal
Jan
a
Jaii
18% Mar
Jan
2,125
._
27
18%
Imperial Tobacco of Canada common. 5
.
Jan
30
Feb
6
May
20 Va
15
Jan
a50 % a50%
a
17%
18% May
18;
14%
—
Canada
4%
17%
15
Jan
39%
Smelting.
&
a
5%
5%
75
A—*
a30c
a30c
15%
16'
a3
*
3% Mar'
5%. May
35c
Jan
"
6
7-%
35c
Jan
Jan
Jan:
Jan
Jan.
Jan
preferred
Ltd
Bros
MacMillan
Class
Corp Ltd
preferred
147
al8%
al8%
Jan
16%
May
Feb
160
95
19%
Jan
Consolidated
.742
15%
May
18%
Apr
12
a
12
25
11% May
15
Feb
Consolidated Textile Mills common
*
10
10
40
9%
Apr
12%
Jan
*
a7
a7
10
6
hob
7%
37%
120
37
Apr
-
5
*
A
common
8%
8'%
8%
150
6%
6%
6%
150
*
100
16
16
16
20
a93
a92
93
65
a
3% May
6% Mar
16
;
•/
May
92
Apr
9%
Jan
19%
Jan
Dominion
95
Jan
Donnacona
(Robt)
Dominion Oilcloth
For footnotes see page
18%
18%
19%
870
17% Feb
22%
Jan
Eastern
11%
11%
12%
2,040
11% May
15
Jan
East
•
44.
19
18
19
275
17
Feb
L)__
•
15'
Feb
Jan
7%
*
Oil
<R
Ltd
*
Massey-Hnrris
Mitchell
100
*
*
class
Export
McColl-Frontenac
__
*
B
Mailman
57c
(John A)
Ltd
19
Crain
7%
Lang & Sons
Lewis
1
25-V Jan
17% Mav
17 V4
17%
*
.„
15%
29%
common...
Ltd
Oil
Jan
85 3 4
_.
Jan
9%
Mining
Bay
Impcrial
48%
85 V4
.
_
__
Feb
15
preferred
Hudson
Apr
17%
25
24
-_50
1927-
Paper
46
May
-
14
103
Bridge
Smith
85
80V2
Imperial
British
Hamilton
46%
78 Vi'Mar , ;
common
260
14%
Alabastine
Apr
140
preferred
22
common
pfd lnc
25 V
465
preferred
■
600
al6%
______
4%
Feb
83
Winnipeg Electric common.—;
5%
preferred
27
•
preferred
Goodyear Tire
May
23
46
a
41
14%
_100
common
Wares
39
1,825
83
Wllsils Ltd
14%
~
Power
560
24%
82
common
26%
»
5% preferred
39%
46%
•
14%
•
•
Jan
42 Va Mali
39
23%
•
(George)
Ltd.
Jan
86'-
preferred——100
7%
26%
*
Canada
Preferred
Gatlneau
Apr
Apr
*
common
Co
of
75
Apr
14%
;
Jan
80 Va
Jan
16
al4%
1
Products-
Co
30
24
Jan
—
20
Corp
Foundation
a77
__
Jan
*
Players'canada
Famous
1,055
11% May
-
Apr
10
22 VB
82%
Corp
Gooderham
Atlas
?
11% Ml %
103%
4% May
17% May
a77
Apr
100:
Heating
600
210
11%
STOCKS—
Enamel. &
Jan
5'/a
18%
26% Mar
300
21
Eddy Paper Co class A preferred
Electrolux
100%
4%
17%
Jun
7.10 May
80%
.
Weston
Zellers
15
103
103
4%
Jan
94
84% May
17%
Jan
9%
6% Mar
'
Feb
17%
f
•
common
Cotton
Wabasso
Feb
■__*
common
Ltd
Steel
5.90
80
Apr
11%
25
Tobacco
United
4,825
*
*
Power -M
Canada
Stores
25
6.95
17%
preferred
Thrift
84 %
17%
common—;
of
%
6.60
Jan
16
•
Sons
Co
84
•
&
7%
515
com—*
Voting trust
Standard Chemical
16%
6.60
1
—•
50
Breweries common..—
(Hj
16%
98
-
10% Mar
•
Canada
of
75
99
preferred
2-2
Shawinigan Water & Power com
Series A
4 7o
preferred
2nd
Sherwin
150
84%
100
•
49
1
>.
97
11%
16%
*
—100
—*
—
preferred
97
11%
*
*
_t
.
-
26% Mar
24%
20%
preferred
Dryden Paper
May
May
Banks—
24%
7#
60
Jan
45
Jan
Jan
20%
common—
Jan
19 %
18%
34 Vi,
_*•
37
100
63
6%
23%
__
preferred
42
Apr
25% May
102%
42%
5 'h
34
'
42
45
Jan
Apr
15% May
Apr
14%
common—*
42
Jan
20%
101
45-
36% Mar
Jan
14%
—
Chemical
471
102
15
38
34 Va
Dominion Stores Ltd
42%
1,364
25
102
285
30
-25
class B.
44%-
24%
Jan
310
Feb
.20
;
44%
25
102
23
aGO
Jan
24% May
100
1-44%
Jan
Feb
37%
31%
85
•
*
100
•
69
20
940
15%
15% May
1,352
38
Jan
51% Mar
1,325
Jan
.37
35
435
18%
24%
common
Dominion Steel ft ,Coal
Dominion
361/2
18
18
122%
May
53%
20%
23%
a60
20 $
150
38
.25
preferred—
Foundries &.Steel
Dominion
2,747
24%-
24%
36
Bridge' a--———.
Dominion Coal
Dominion
97
89
51 %
20%
Mar
18% May
v
15 %
Bros
47c
Sicks
51%
20%
Feb
•42
Jan
40
■
1,085
*
Provincial Transport
1st
50
38%
34% Mar
1.686 ?"
20
37
Power Corp of
Price
%
18%
19
.
*
Jan
26%
75
.
Consolidated Mining ft Smelting— ___5
•
Consumers Glass
Crown Cork & Seal Co_____
41%.
——
Co.
Walker
*
class A
36%
—,
common
Feb
133
t
!
Jan
41
.
1
Ltd
Tuckett
*
common
Canadian Fairbanks 67c
40
May
Jan
12
Apr
23%
20% Mar.
25
Cottons
Canadian
;
Jan
35%
35%
*
Heat & Power com
River
Powell
Simon
21
Jan
12
10%
14%
Apr
19
2,366
a
May*
285
13%'
36%
20%
_.
$1.00 series
28
-
Development —-22
Penmans
16% May
Apr
50
20%
36%
'
10%
-_
Apr
25
30
common
Rwys
preferred
Page-Hersey Tubes
Steel
$1'.75>/series
32 %
30
—*.
——*
5%
Jan
33
27%
21%
__
Jan
52
Mills
Flour
Ottawa
St
350-
29
a8,%
*
•
common.
51
52
--25
Ltd
Ottawa
5% May
637
22%
20%
20 Va
Foundry common.
Celanese
25
465
.100
___
—
Mines
St
22%
28%
—
Canadian
23%
22
—
Car Corp
Steel
Noranda
Jan
5
22%
common
&
•
1,175
16
50
Breweries
■
2%
•;
15
10
Corp
Jan
26%
5
«
Canada-Steamship common...
5 % preferred
May
2%
2%
II120
Canada Iron Foundries
18
26
5
common
24%
24%
a27 %
Power
Jan
May
18
*
:
_
Dredging
Northern
87
_
$1.30 preferred C—
Canada
26%
86% May
*
A
...
Cement
21% May
75
A__*
cl
Corp
_
Gold
480
87
24%
Building Products
Bulolo
22%
87
18
_____________
Mills
Class
22
41%
*
Class JB
Jan
13%
III25
Power
Jan
6%
24
_
Columbia
26%
5% Mar
18
common
British Columbia Forest Products
British
Jan
675
18V8
*
British American Bank Note Co
British American
275
5%
411/4
«
Power-
&
25%
25%
preferred
Placer
25:
_
Trac
Apr
7%
Jan
9
87
_
class
Paper
Telephone
Brazilian
.
37
Jan
21
21
_
High
Feb
19%
150
Breweries common.
National
National
Jan
24%
Jan*'
8
22
♦
ofd
21%
175
5%
•
•
"_
Tel
*
25%
25%
ft
*
Corp
Bathurst
f"'
ft
.
2
17% May
36 % May
1
—
Argus- Corp Ltd common-
Bell
Feb
23%
#
Aluminium Ltd
Associated
Jan
38
8%
A
*
Shoe
Agnew-Surpass
Algoma Steel
Asbestos
Jah
20%
25
—
Acadi&fAtlantlc Sugar class
Co
'17 y»
12% May
2,507 3,551
18'/a
36%
17%;'
$2.50 preferred
Aluminum
13 y8
12%
17%
36%
23%
$1.50 preferred-
Telegraph
Montreal
Montreal Tramways
High
Low
Low
33
a37
.
"
*
Abitlbl Power ft Paper eommon—
Range Since January 1
High
Range Since January 1
High
-40
Locomotive
Montreal
Shares
a36
a36
Molson Breweries Ltd—
Range
for Week
Low
Par
Laat;.-
STOCKS—
Sale Trice
Fundi
"'Friday;/-
Range
of Prices
Last
STOCKS—
Exchange
Sales
Week's
Friday
Montreal Stock
20
Mar
& Linoleum.,
Woollens
Paper
Steel
&
Co
Worsteds
Products Ltd
Fleet Manufacturing Ltd
37
37
*
12%
12%
15
al5
*
Ltd
Kootenay Power 7%
•
a
6
*
pfd
40
Mar
12%
a
95
12
May.
13%
Jan
15%
120
16
May
20%
Jaii
100
6
Apr
7'%
28
May
6
100
a26
a26
a28
35
*
1.55
1.50
1.60
750
1.50
Apr
28
2%
Jan
May
Jan
Volume
169
Number
4807
THE" COMMERCIAL
CANADIAN
RANGE
Friday
STOCKS
Week's
Last
Goodyear
Great
Tire
Lakes
Class
A
&
Rubber
Paper Co
of
Ltd
21%-
Can
Shares
21%
11
__
MARKETS
ENDED
MAY
:>7
11
a
Low520
Toronto Stock
Range Since January X-
High
22 %
a93
com—
preferred
WEEK
for Week
Low
Ford Motor Co of Canada class A..
LISTED
CHRONICLE
Sales
Range
of Prices
Sale Price
FOR
&' FINANCIAL
20%
High
Feb
26
93
Friday
STOCKS—
Insurance
Abltibi
Co—
Horner Ltd (Frank Wt class A
International Paints 5% pfd
Investment
G'V
Foundation
convertible
Lovvney Co Ltd
Ltd
Mi
Power
$1.50
&
Paper
common
for Week
Shares
common
Acme
—
Gas
&
MacLaren Power & Paper Co..—_—
Algoma
Aluminium
Maxwell
Ltd
13 %
2 005
12
17%
17%
18%
R665
23%
23V2
23%
155
17% May
21% Jan
100
100
100
25
6c
Gc
100
Mica
pfd
of "Canada- Ltd
Minnesota
&
Nuclear
Lt
&
Paper
Co__
Co
May
8%
•
Ltd
•
Larder
8 Va
8%
38
40%
49
50 %
665
Mines
Yellowknife
Canadian
Oil
—
10%
Corp
red pfd J
.
100
^
6%
Trans-Television
We steel
of
Products
Western
Grain
Windsor Hotel
*
^
Ltd
110
,766
*
Canada
16
115
100
—
v—
Distillers
12%
350
pfd
Ltd
United
150
100
1:1
50
41c:
6%
30c
Apr
Atlantic
At]an
Ltd
15c
Mines
—
38c
Bagamac
Mines
Bankfieid
Bank
Ltd
of
.
,
Consolidated
Montreal
Bond-Ore Geld Mines Ltd
Base Metals
Bobjo
Barymin
Mining Corp Ltd
Mines
Lake
Ltd
Base
?
;
Gold
Bouzan Gold Mines Ltd
Beil
Canadian Malartic Gold Mines Ltd
CandegofGold Mines
Cartier-Malartic
Central
Gold
Patricia
Gold
Co
Ltd
Metals
„
1.02;
Minings;
Mines
61 %c
May
41%
Quebec
13 Ms
41%
2Va
2%
,
Bertram & Sons class B.._.
6c
Apr
39c
Jan
Bevcourt
2c
Ltd
Jan
3c
Jan
Bidgood
Minef^Ltd—
13'A
Telephone
Bcllcterre
CIV2C May
1.06
23 y2c 27 %c
Beatty .Bros
Mines. Ltd.
Gold
Kirkland
Gold-
Centremaque Gold Mines Ltd-
Blue
Consolidated Astoria Mines
Central Cadillac Mines
Bobjo
—
Cournor
Dickenson
Red
Apr
Jan
Jan
Ltd
Ltd
Co
Lake
Mines
Duvay
Gold
Mines
Malartic
19%
Ltd...
Jan
2.68< Apr
East
Sullivan
Eldona
El
Gold
Mines
Mines
Sol Gold Mines
Formaque Gold
10,600
Ltd-
3,500
Ltd—
Mines
1,000
2.00
52V2C Mar
5c
Consolidated
Bralorne
T_t
Mines
..
Millen class
Brantford
A.
Roofing
Brazilian Traction Light & Pwr
British American Oil common
Elec
4%'A
Columbia
Forest
British
Columbia
Packers
Mines
B
British
B
Ltd
1
1
Kerr
Addison Gold Mines Ltd....
Labrador Mining & Explor Co Ltd
—
—
1
-
16 Vac
1
3.25
2c
35c
A
Power
class
A.
,
2%
22VaC
35c
53c
Jan
Buffalo Ankerite
Lake
Lingman Gold Mining-..
Lake Shore Mines Ltd.
Louvicourt Goldfields Ltd
Red
28c
36c
15%
11c
.
14c
1.99
_.
Buffalo Canadian
Buffalo
34c
15'A
Buffadison Gold
16Vsc May
6.25 Jan
3.65
22Vac
34c
.
3 V2C Mar.
16c 16 Vac
3.25
class
Dominion- Oil
Broulan Porcupine
Bruck Mills class A
2c
pfd__.
Products.
;
—
Columbia
Class
British
Ltd
com
—
British
Class
Gold
.
——.
British Columbia
May
Ltd
HoHlnger Cons Gold Mines Ltd
Hovvcy Gold Minos
Hudson-Rand Gold Mines Ltd
J-M
Bordulao
May
Goldbeam Mines Ltd
Goldora Mines Ltd
Joliet-Qucbee Mines
—
Gold
Preferred
Ltd
common
Apr
16%c
Ltd
Mines
Mines
Bonetal
Brand &
Ltd
Dome Mines Ltd
East
Corp
Jan
59c
Mining
Ltd
Feb
16c
18c
Explorations
37Vac
7V2C
Consol
Cortez
Ribbon
2.22
10C IIV2C
Lake
5V2C
6c
.
Building Products
_.
Burlington Steel
Macdonald Mines Ltd—
Burns
Mclntyre-Porcupine Mines Ltd—.
Mining Corp of Canada Ltd——.
Burrard
class
Nechi
Caldwell
Linen
Cons
Dredging
Ltd—
&
Co
Louvre
New
Marlon Gold
Normetal
Mitres
Mines
Mining
Corp
Flin
Calmont Gils
Ltd
Gold
Pandora
Cadallic Gold
Mines
Ltd
?cn-Rev Gold Mines
Mines
8%c
Apr
4%c May
Development—-.
27c
Santiago Mines Ltd
Sherritt-Gordon Mines Ltd
Stadacona
Sullivan
(1944)
Mines
Cons
Canada
Malting
Packers class A
11 %c Jan
14V2cMar
9c
Jan
67c
Class
Feb
,
Canada
B
Permanent Mortgage
Canadian
Torbrit
common—
.
Cable
&
class
A
Bakeries
Canadian Bank of Commerce
Canadian
Breweries
Ltd
Ltd
Canadian
Tiblcmont
Lines
Wire
Class ;B
Ltd
Mines
May
Bread common
Preferred
Ltd—
Goldfields
May
8c
Canada
Canada SS
Gold Mines Ltd
Mines
Gold
Ltd
Jan
Canada
;
Sladen-Malartic Mines Ltd
Soma-Duvernny
Mar
5V2C May
Siscoe Gold Mines Ltd
Standard
1.95
Canada
4c
Ltd
—
Labrador
—
Oils
Campbell Red Lake
1.50 May
Ltd
Piccadilly Porcupine Gold Mines Ltd
Pitt
Gold
Mining Co Ltd-..—
Quebec
pfd
Flon
Ltd
Calnorth
O'Brien
_.
1st
Edmonton—.
&
Callinan
Ltd-—-
B
A
.
Calgary
New
class
Mines
Trebor
Mines
Ltd
United
Asbestos
Canners
Canadian
Class A
Corp
Car
common
;
_—-
Canadian
Cclanese
Canadian
Upper Canada PJir.es
common
Conv preferred
Ltd
Dredge
Canadian
Food
._
Vinray Malartic Mines Ltd
Waite Amulet Mines Ltd
Westville Mines Ltd
Class
common
Products
common.
A
Preferred
Oil Stocks—
Canadian
Ice
Machine
Anglo-Canadian Oil Co Ltd—.
Canadian
Indus
Calmont
Canadian
class
A.__.
Malartic
Centra!
Consol
Oils
Leduc
Ltd
—.
Oils
Homestead
Alco
Oil
Ltd
C__.
Gaspc Oil Ventures Ltd——'—
Home
Okalta
Co
Ltd
common.
Pacific
voting
15c
Ltd.
1.50
a84c
10%
Utilities
Cos
common-
Railway
preferred
1.56
a84c
Oil
Pacific
Canadian
Cardy Corp class A
Cariboo Gold
Castle-Trethewey
Oils
Ltd
—
Omnitrans
Pan
15c
10%
Petroleums
Oil
Canadian
Canadian
Co
Decalta Oils Ltd i
General
"A"
Ltd
Exploration Ltd
Petroleums
Ltd—_
Western
Oils
Ltd
Central
Leduc
Patricia
see
page 44.
66c
Porcupine
Chartered
For footnotes
Oil
Centra)
Central
Trust
Gold
Mines
70c
.,
90c
76c
I6V2C 17V2C
.
—
137
137
66c
May
70c
May
14%c
Feb
135
Jan
Feb
3.65
Gold
Bank of Nova Scotia..
Bob's
Jan
Yellowknife
Aumaque Gold
ltd
Mines
Feb
(1937)
Oil
Aubelle
Ltd
Anacon Lead Mines
Mines
Jan
llVac
Mines
Mining Stocks—
Arno
Jan
Atlas Steels
Apr
Aunor
Aubelle
Jan
May
14%c
13'A
Athona
Ltd
Co
Jan
Ashley Gold & Oil
Jan
45c
Apr
common
Ashdown Hardware class A
Feb
May,
May
,oa21
Jan
9c
Arjon Gold
50
Ltd
Pr
Apr
7%c
Mines
Argus
1st pfd_ J.0O
Paper 7'1
Canada
Jan
37V2C
Armistice
Industries
Jan
23c
Area
.._!S
Service Stores Ltd
Power Coup of Canada C
G'}
N c part 2nd pfd.
Russell
103
460
49
Paul
Southern
Jan
200
38
Anglo Rouyn Mines
Apex Consol Resources.
Aquarius Porcupine
Ltd
Southmont Invest Co
Jan
Jan
25
Lead
Anglo-Huronian
——10
Orange Crush Ltd
Quebec Pulp &
17
20%
5
*
Pr
Enterprises
Anglo
10
Ontario
Moore Corporation Ltd
Newfoundland
Anacon
—100;
100
May
•
Steel
American
4%
High
500
»
Oil
Amalgamated
—T1?
Oil
Low
12
__
Maritime Teleg & Tel Co Ltd com-.10
Massey-H'arris Co Ltd 6% "1c conv pfd 20
Range Since January I
High
12
2o
preferred
Acadia-Atlantic class A
Preferred
:
Low
•
Agnew-Surpass
MeGoll-Fl'ontenac
Rales
Range
of Prices
preferred
(Walter
Week's
Last
Sale Price
12%
a37'A a37%
Par
Halifax
Exchange
Canadian Fond*
Jan
Jan
/AA
42
J
JTTiT% ^<T
l/MI
A\
(2350)
THE
A
T.
•
&
COMMERCIAL
Friday
f
Range
Sale Price
FOR
t
WEEK
Monday, May 30, 1949
CHRONICLE
FINANCIAL
MARKETS
ENDED
MAY
>7
Friday
Range Since January
Range
Sale Price
1
for Week
Shares
Low
Par
High
Low
High
Sales
Week's
of Prices
Last
STOCKS—
for Week
Shares
of Prices
Low
Par
a
Sales
Week's
Last
STOCKS—
urnr
LISTED
CANADIAN
RANGE
m
A
Range Since January 1
Low
High
High
■
Chatco
^'59
*
Steel
common
■
Chaieau-Gai
Chemical
9
9
9
125
41c
52c
3,700
41c
May
9oC
Mai-
I
_
Cheskirk Mines
4'Ac
4'Ac
4'Ac
3,000
4c
May
10c
Jan
2.45
2.50
1,500
12c
13c
4,500
1.50
1.65
1,100
2.45
1
Mines
.
"
__
_
__
__
Circle
Bar
Cochrane
2.85
Feb
Jan
Hasaga
1.50 May
1.75
A
.
_
_
16
Headway Red Lake
Hedley
Henoershot
Paper
Miues_
May
Apt-
125
2.73
Jan
2.00
4,900
Coin Lake
1
Commonwealth
13
12
May-
______
Consolidated
Beattie
Consolidated
4c
May
64c
14c
8
8'A
2
Mines
Duquesne
_
..
471
Consumers Gas
4,050
52c
50c
55c
6c
7c
89
97%
2,507
51'Ac
—_—
150 150%*
150'A
•
Cournor
89c
95c
Feb
Homer
10 'A
100
100
15
325
_1
10'Ac 11'Ac
L*.
Howard
Jan
Croinor
12c
1
_
Pershing
Nest
Crow's
Crowshore
16 'Ac
18c
Jan
Jan
152'A
55c
55c
49
49
15
8'Ac
9c
1,000
.__100
Coal
49
1
Patricia
—
Da vies
Davis
*
Petroleum
Leather
Decalta
Mai-
Mai-
100
15'A May
18%c
Ltd
21
21
21
Hudson
12c
■6 'Ac
Feb
Lake
Dickenson
I
4c
6c
6c
Distillers
Imperial
Indian Lake
Dominion
Foundry
Dominion
Steel
15c
Jan
May
43c
23
Feb
May
33c
Feb
Jan
Preferred
Jan
3c
May
10'Ac
9,000
5c
May
15c
Jan
1,100
28c
Feb
46c
Mar
Nickel
International
Co
Jacknife
Jack
Woollens
_
16%c May
65c
Jar.
&
Gold
Mudge
common
Mines
32c
Jan
Joburke
18'A
Jan
Joliet
17%
18%
1.334
15'A
Jan
19%
26
285
24'A
Feb
26
Jan
19
19
19
5
19
May
23
Mar
24
24'A
205
23
May
27%
East
East
9'A
190
9
May
14'A
Jail
14%
14'A
15'A
24 >A
25
850
25
21
-
21'
17%
14% May
2,325
24%
21%
Feb
25
25
20
Jan
25%
21
50
19%
Apr
Jan
25
167
167
12%
12 '4
40c
'12'A'
20
167
200
47'Ac
Gold
__
Kirkland
Apr
Feb
Labatt
167
May
13%
11% May
Lake
Easy
Elder
Mines
Eldona
El
Sol
5
20c
May
25c
Feb
Lake
Shore
6%c
9c
57,300
8 Vac
7,500
17c
Wasa
Mar
2.20
2.43
14.050
2.05 Mar
2.70
2.08
2.00
2.44
32,325
2 00
May
3.45
Feb
Larder
6
6
100
6
May
7%
Jan
Laura
23
23
35
20
Jan
23
15
25
15
May
17
Jan
8c
May
6%c May
>■
21c
May
;
La
Mines
Luz
Jau
Lamaque Gold
38c
Jan
Lang
Apr
Lapaska Mines
3.90
3.75 May
3,320
4.50
13% Mar
16
32
37
5'A
6
500
105
105
10
4'Ac
4'Ac
1,300
60c
60c
500
5'A
4'Ac
Apr
5'/a Mar
102'A
4
Apr
Vac May
60c
May
1.50
1.50
1.60
2,100
1.50
May
21 %
22%.
1,025
20%.
Feb
8 (Ac
9'Ac
1,500
2.00
2.15
3,650
92
92
105
17
17
85
.
7'A
116
Jan
2.00
5'Ac
Feb
500
9c
May
19c
Jan
500
2c
May
3'Ac May
2c
May
3Ac
Apr
25c
Apr
Jaiv
2c
1,500
17 'Ac
19c
4,300
30c
34c
7,500
lie
2,000
11c
Class
7c
May
2.00 May
85 Va
Jan
16'/a Mar
7c
Feb
2
100
40
5
14%
14%
14 (A
100
100
100
5.50
5.40
5.80
4.670
9'AC
9'Ac
9 %c
3,500
Feb
30
14%
Jan
16%
Apr
3
4c
18,650
3'Ac
Feb
10c
Jan
Jan
95c
(A c
70c
75c
2,600
1.23
1.31
14,150
19%
35
41c
1.67
Jan
19% Mar
23'A
Jan
.6,50
Jan
3.20 May
3.20
3.60
4,920
4c
4c
2,000
87c
83c
1.00
30,200
4c
4c
2,000
3'Ac
32C
31c
35c
4,400
31c
May
9c
10c
3,000
6c
Jan
12c
Feb
Jan
15
Apr
Jan
48c
Feb
13 'A
3%c
83c
13%'
13'A
38c
;
5c
Jan
1,925
10
1.45, Jan
May
5'Ac May
Feb
33c.
2,500
34c
(A
2%
805
2.10 Mar
2.45
Jan
250
5.80 Mar
6.35
Apr
18'A
18%
100
16 (A Mar
19
9'Ac
6,500
5%c Mar
12c
Jan
4'Ac
Jan
8c
2'Ac
Ltd
2
Vac
3c
11,000
14'A
15'A
240
59c
——
Lac
class
2,100
59c
May
1.05
2,700
95c
Mry
1,000
4c
May
10c
12c
99 Va May
4.75
8c
1
7
10'Ac
27'A Mar
31'A
Jan
27 (A
29
Jan
Feb
80
7
6(2
•
Feb
5,000
10c
May
45c
Jan
1,100
10'Ac
Jan
15c
Mar
12c
13c
4,000
12c
Mar
16c
Jan
:
2.15
2.15
2.24
2,485
2.53
Apr
22c
25c
16,100
21c
May
74c
Jan
6'Ac
3,500
18c
May
34c
Jan
92c
1.00
3,116
92c
May
8%
3%
200
6%
1,240
River
lie
Jan
2.10
Jan
Feb
2.90
MacMillan
92
17%
May
Feb
B
Mines
A
Gold
Mines
1
*
*
_____
92c
Magnet Consol
6
6
%
'A
_1
2.75
2.72
2.90
3,725
1
Lake
Red
Madsen
Gold
class
Export
17c
17c
17c
1,500
93
93
15
———100
Mailman Corp preferred
102
Apr
Fields
Gold
Manitoba
Milling
Leaf
Jan
Maple
Apr
Maralgo Mines
2.40
—_________
Marcus
Massey-Harris
Jan
92 (A
May
95
Apr
74'/2c
Jan
McBrine
33c
33e
35e
3,300
32c
May
56c
Jan
McColl-Frontenac
15c
15c
1,000
15c
Mar
19'Ac
Feb
10c
Jan
4,000
534C
5 (Ac
5%C
32,500
5c
3'Ac
4c
10.500
3 V>c
May
50 (A
50'A
180
50'A
Apr
10
10%
130
11
11
12%
1,560
1.70
May
Mar^
9',2 Apr
3'Ac Mar
11
37
37 'A
200
37
May
May
17
17
400
16
Feb
preferred
(Li
common
______
Jan
Mclntyre
Jan
McKenzie
Red
12 %c
Feb
McLollan
Gold
9'Ac
Feb
McMannac
53
Feb
McWatters Gold
Porcupine
Lake
Red
10%
Jan
Mercury
16
Jan
Mid-Continent
40
Mar
18
1
1
*
9'A
8
128
10
Lake
17,340
3c
9,000
8%
100
4'Ac
4'Ac
2,000
4'Ac Apr
10c
10c
5,900
9'Ac
18
18
19'A
25%
25%
26
17%
17%
25
13
2,000
'
•
11
11 (A
Milton
16c
8c
Tool
Modern
Apr
Monarch Knitting common
3,700
49c
May
80c
Jan
Monarch
3,500
38c
Apr
65c
Jan
Moneta
16c
16c
1.500
16c
May
25c
Jan
15
15
410
14%
May
Feb
Apr
Jan
27'A
Feb
17 (A
Apr
17%
Feb
11 'A May
15'A
92
Apr
50 'A
,193
Jan
Jan
Jan
93
93
94
60
5
59
62
800
1
35c
35c
36c
5,200
8c
7'Ac
9c
5,000
6c
Feb
10c
10c
530
10c
May
8c
8 (Ac
6,500
3c
May
21'Ac. Jan
6'A Mar
.7% Jan
4c
7'Ac Mar
I
*
8c
6%
205
6%
.
62 'A May
50c
Apr
12c
Apr
\
2I V2C
Jan
i
32'Ac Jan
17'Ac Mar
17
Jan
Mortgage & Inv.___._
4'Ac
4c
4%c
3,000
1.20
1.00
1.20
3,700
1.00 May
9.50
1,300
8.95 May
4
*
__
1
250
25
11 'A Mar
6 (A Mar
*
6%
6%
6%
•!49
1
44c
44c
48c
4.650
Montreal Locomotive
*
21'A
21%
21%
1,180
•
66'A
66
68'A
255
Mosher Long
common——
Lac
1
10c
May
4
11'A
'
(A
10c
IOC
1.55
12
Jan
Jan
'
4
4
11 (A
Moore
Porcupine
Corp
May
•
'
Apr
8c
22%
..
59
Works...
13
45c
6,000
Feb
15c
Feb
18
8.95
129
50c
9c
5'Ac
25% May
Jan
•
Feb
50c
8c
340
Mar
100
•
Oil
Brick
44c
50c
(A;
1,735
o
8
Apr
4?Ac May
11'A Jan
.2 'Ac Mar
Jan
Mills
9V2 Mar
126
2.69
Jan
2.53
8%
—1
Preferred
3.15
16c
2:02
2.37
2'Ac
common
Apr
30c
2.38
1
—
Preferred
Jan
7 VI
3.10
Jan
May
2%c
10c
Jan
10
17c
*
*
1
Jan
1.20
8% May
6 Vn Mar
1
20
Gold
6.4CV Apr
Apr
—
Eastern
&
11c
25,800
May
11c
12c
6c
Jan
12c
7 V4
10c
12c
Mines
Jan
Jan
Jan
185
390
23c
Mines
May
1
_
1.08
12c
1
Macassa
46c
2'Ac
Feb
<
28%
28'A
7
*
3,000
128
Jan
-Jan
27%
27'A
0
Yellowknife
18,300
9'A
Jan
1.20
4'Ac
1
MacLeod-Cockshutt
2','4
1.90
1
Alabastine—
86c
..61c
1.01
27'A
Gold
Macho
15 Vb
10c
Mines
:
,15% Mar
4'Ac
*
Feb
Mar
1.70
Guayana
___%
Apr
14% May
'Ac
59c
4
•
A
B
52C
9'A
Mines
2 (Ac
Jan
<
1.03
*
1
i
——
Jan
1.75 Mar
14
1.75
—
Jan
64c
2.25
14 'A
____
2'Ac
17
1;'Apr
6.10
8c
46c
3'Ac
Apr
/
May
1.23
:
—.
2 (Ac
'
;
May
3.30
18'A
47c
1
Jan
26
2.20
26
106'/a Mar
10
23c
140
2,690
11034 May
m
44.
May
29
16%
Jan
90c
Feb
10-
_i__
Fo^ footnotes see page
11c
..
54c
6.00
Hosiery Mills commons
Louvicourt
Goldfields
Lynx
Aur
♦
preferred
&
May
29
58c
Groceterias
Jan
102'A
»
Lime
30c
1
1
1
Gold
Long
Jan
109'/a
Trust
Gypsum
15'Ac Mar
15%
___.l
Mines
Gold
Leitch
Lunward
15
A
Lake
Mar
2,000
19%
1
,
London
130
Guaranty
Gwillim
4c
4c
9c
15%
Mines-
"U"
Jan
103 103 %
common
Gunnar Geld
May
Jan
Jan
110 110%
1
Mines
Lead
Jan
Jan
2'Ac
Mining Corp
Gulf
13
52c
May
•
Saddlery
36
65c
125
1
Porcupine
W»st
30'A May
7 'A May
3,250
275
1
Gold
Feb
30c
71c
'
Great
5,829
65c
14 Va
•
Gold
Coal
21,700
G5c
33'/a
.1
Mines
A
5.167
34c
*
3.75
.1
West
8»/a
Little
14'A
•0
Class
Va
30c
Jan
33%
0
Mines
Jau
9
Jan
1
Great
7
31c
12c
3.75
2
___
class
31%
7'A
60c
33 %
common
Paper
30 'A
30'A
1
May
5c
27c
.1
Mackay
Jan
May
8V2
Apr
May
1,100
ioo
Lakes
25'A
23
Jan
100
Oil
Great
22
7c
.100
Glenora Gold
Gordon
310
1,000
100
'
common
Gillies Lake
Goldora
23
8c
2,500
•
Preferred
Goldhawk
22 3 4
8C
36c
—■*
,_A—
General Steel Wares common
Goldcrest
Jan
_—
Secord
Malartic
Goldale
33c
8c
____'
Gold
Lake
May
17
1
21%
5fv". preferred
God's
20c
Lexindin Gold
5Vac
A—
5'AV preferred
Globe
Feb
600
Lencourt
35c
_*
——
Yellowknife Gold
20
24c
Sons
&
Class
Giant
25
22'Ac
Jan
5'Ac
35 c
_1
_____
Bakeries
17
24 c
Jan
47,000
*
Gair Co preferred
General
17
May
May
8
41c
20,925
62c
;*
1
common
Power
8
—...
10%c
_*
Exploration
Gatineau
950
83
77c
36c
55c
*
Frobisher
8
Mar
32c
33c
56c
l
Mfg
Francoeur
8
50'Ac Mar
34c
1
Nickel
class
_—
Leduc-West Oil
20
100
Motor
Apr
May
20'A Mar
Apr
15
23
*
6%c May
MacDonald
Ford
7
Mining
12c
2.23
Preferred
Fleet
75
Jan
7.000
Players
Fanny Farmer Candy Shops
Petroleum
50
••
Mines
1
Kirkland
7%c Jan
1,000
23
7'A
——1
Mines
Maj-
5,000
Famous
Federated
3c
4'Ac
•
Lingman
_!
Loblaw
Federal
4c
Jan
3'Ac
Ltd
(John)
16c
6.000
8c
""
__.______1
Federal Grain
Jan
25'A Mar
30c
Rowan
7c
:
Falconbridge
14'A
24%
75c
Lake Fortune Gold
22c
;
Corp
Jan
13% Mar
125
1.26
Lake
21c
._
_•
19%
520
7 'a
Lake
Feb
■:')
;i
6,500
13 7 «
25 'A
7'A
Gate.
Jan
6%c
__1
'-.f
Gold
Eureka
Feb
13%
13%
24%
29
8
21c
_
Gold
16'A
Jan
6c
Apr
Jan
1
Machine:
Eddy Paper class A
18'A
11c
5
50
16'Ac
17c
■'
'>
18'A
1
65 %c
6%c
Mines
yC
29 Va" Apr
2c
May
•
Steel
Washing
1
Feb
17 %c
_
Dufault
1
Sullivan
27'/a
9c
Labrador Mining & Exploration
8c
Malartic Mines—
Eastern
1,500
—
Golden
Kirkland
6%c
.
East
29'A
Mines
♦
Oil
East
29
Kelvinator
Ktit-Addison
IIIIII
Oil
Jan
1,000
29
Mines
Quebec
1
Leduc
Apr
57
May
.22
May
40c
19,100
5
Amphi
Crest
40(4 May
Jan
9
*
Duvay Gold Mines—
East
38c
Mar
Apr
17%
.
Ltd
670
45% May
30c
3c
J M Consolidated
21'Ac May
15'A Apr
Lake
Donnell
41'A
4c
425
Lake
Dulama
Feb
45'A May
2'Ac
19,600
•
:
Feb
32c
Apr
3c
Mining
53,850
4lc
_
Jan
3c
Mines
27c
___100
pfd
11,800
•
s
Laguerre Gold
Dominion
40'A
Gold
Waite
Jacola
19c
—23%
Textile
50
45'A
30c 323ic
•
common
Uranium
15'A
a;
corn-
5'A Mar
3c
Kirkland-Hudson
Chemical
Dominion
45'A
3Uc
*
Petroleum
International
15%
25
_
19c
,
_12 VA
11 'Ac
1.65 May
24
B
11,400
Mar
Jan
May
,
1.20
*
Dominion Tar
19c 21'Ac
19c
4
9.65 May
5c
Apr
1
International Metals class A
21 'Ac
•
class
1,000
6
25
Coke
&
Coal
15%
—
Coal
&
25
2,260
6c
"
class A
Co
21'Ac
35
Dominion Stores
Jan
10 %c May
13c
Jan
23
International Bronze preferred
&
16 %c
Steel
&
5
9.75
6c
common
Feb
14c
May
(John)
17c
_
_
Dominion Magnesium
5
9.50
•
____1
Acceptance
Machine
Ingei'soll
Kelore
pfd
Apr
25
Inglis
25'A
Dairies
Mar
7c
Jan
65c
1
preferred
*
Dominion
6c
2,000
13 (Ac
_10
Oil
4Vr
2
.
4,000
40'A
%
,
-1
Ltd
9c
8',ac
i
*
Bank
1
Seagrams
Mines
Dcme
May
May.
*
Malartic
Imperial
Jan
31c
30c
1
_
Yellowknife
Discovery
56c
50
—
52
12c
6,500
6cr
3'Ac
—.1
Lake
Red
1,50')
12% Mar
Apr
19c
4,350
4c
1.45
Mines____
Lake——.
Dexter Red
1.55
1.45
Nickel
Red
1-
preferred
61c
21
12,500
Mines
Denison
Detta
90c
Bay Mining & Smelting
International
Delnite
5Gc
1
Feb
6'Ac May
20
12'Ac
Feb
69c
o
Jau
7c
2,700
21c
19c
■
c
A
Jan
59c
Jan
6
45 (A Mai-
8,500
6'Ac
9c
Apr
May
6c
9.70
30c
40c
»
class
Oils
6 'Ac
6 'A c
Aragon Mines
Jan
11
3,900
—I—I—1
.
—
International
D
Apr
7c
B
16 'Ac May
3,000
Jan
8'Ac
Jan
1.45
May
10'Ac May
1,500
Jan
Jail
123
5% May
1
Mines
Jan
10c
83c
6 (Ac
__—*
Smith
Industrial
Crestaurum
3'Ac Feb
12
;
May
8c
Howey Gold
14'A May
500
8,500
May
8V2C
Mines
Gold
Jan
May
100
1,500-
5'A
5'A
5c
6c,
6'Ac
Imperial Tobacco of Canada ordinary_5
Mining
40c
Jan
65c
May
89c
10
21c
50
3,755
1
Yellowknife
64c
148'A Mar
9,900
100
---100
pfd—
Box
Paper
89c
15
Exploration
Conwest
Holhnger C'onsoi
Apr
6c
80
85
6c
11,200
11
.
Holden Mfg class
Jan
Hugh
100
3,000
27c
11
5,500
'
common
Highridge Mining
Highwood Sarcee
Api-
42c
4,000
89
7c
21c
6c
40c
-1
38c
Feb
46C
2,506
6c
55c
•
-5
6c
21c
1
,
Jan-
j 24
May--
8
Mascot
HiglilandrBell
Hosco
50c
1
—
Mining & Smelting
10c
11,980
•
Jan
Apr
-■:J 7c
Apr
8
Consolidated Homestead Oil
Consolidated
500
1,000
10c
Bakeries
Consolidated
4c
14%
30c
Jan
69c
10c
1
Consolidated Astoria
17c
4c
V
Petro'eum
770
2,000
4c
6c
40c
24'Ac Jan
9% Mar
Apr
13% May
May
69c
4c
1
Yellowknife
13'
22c
4c
165
1
—_—
Jan
Jan
21c
1
.1
,
—:
5%c
36c
12
12
Plow
Corrugated
Gold
Heath
2%c May
24c
•
Colomac
Mar
18
25
1,000
2.40
40c
Mar
10
1
4,500
13%
15c
1
Gold
16
2.30
16,385
10
7'Ac Feb
10% Mav
Jan
Jan
11c
3c
13%
2.30
*
2)
10
*
Gold
Harricana
13 %c
4c
Apr
8'A Mar
1,000
10
17c 18'Ac
18c
Mines
Gold
Rock
29c
16
1
_
_
class
Dunlop
Cockshutt
Hard
Harding Carpets
29c
—
4 (Ac
10
■
__
______
27'«c
3c
1
__
Willans
Cocheiiour
•>
A^
_
Oils
4 (Ac
,w
——
Heva Gold
class
Knitting
Malartic
Citralam
—
•
Chromium
Coastal
-
1
_
Swayze
Mai-
2.43
'
Chimo Gold
Jan
Hamilton Bridge
*
10
Jan
Halcrow
41c
A_
_
8
Jan
11
May
50c
Wiues
Research
Chesterville
•A
9
25
9
2,000
38c
Mar
5'A
14
7
60c
Feb
Jan
Mar
Jan
19'A
Jan
23'A
Jan
65
Feb
73'A
Jan
12c
Jan
8c
Mar
Volume
169
Number 4807
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
STOCKS—
Week's
Last
Par
Mylamaque Mines
Drug
National
Grocers
National
Petroleum
preferred
Shares
7c
12351)
MAY
27
Friday
STOCKS—
Low
7c
1,000
10%
io%
10%
200
0
12%
12%
12V
150
25c
32c
32c
35c
3.025
7c
High
Silanco
Mar
12 Va
Jan
11%
Feb
Silver
14
Jan
41c
Jan
23%
Jan
29
Apr
May
Jan
Mining
Miller
Silverwood
Dairies
class
35c
*
A
Class B
36c
1
Mines
for Week
Shares
Low
1
8V
Sales
Range
of Prices
Par
12c
30c
Week's
Last
Sale Price
May
10
Range Since January 1
High
33 %C
Low
39c
12,700
33c
13,500
32 Vic
Feb
8%
140
8%
Apr
5%
Apr
8 V
1
Steel
National
Car
«
Trust
Negus Mines
Neilson
New
19
10
•>
(Wni)
preferred
19
19 V
460
19
flay
28
28
35
25
Jan
2.20
2.32
6.225
100
100
80
__
2
♦
2.21
__100
__
be
__
Bidlamaque
New
Calumet
New
1
;
Marlon Gold
6c
6c
500
1.15
1.07
1.31
55c
58c
8,068
__
6V2
6 %
6 %
525
•
25 Va
25'/»
25 Vi
95
22'4
23 V'4
Mines
Corp
Jan
Standard
May
18c
Jan
May
14c
lie
Jan
17.600
4c
8%c
1,100
8c
7%c
2,500
13c
16,850
12c
Mar
26c
Jan
4,000
4c
May
8c
45,800
5l34
54
3,150
10c 12%c
12c
1.03
10c
CJ1 OO
Jan
20c
Mar
12c
1,100
2.41
22,040
4%c
4%c
6c
29.500
4%c
4%c
5c
18,600
13c
14c
1,000
25c
32c
35,000
12c
Jan
Name
3.75
May
4%c May
4 Vic May
Starratt
Steel
May
15c
May
24%c Apr
40c
Feb
13c
3%c Feb
425
6% Mar
5%
5%
5%
50
1
1.54
1.50
1.61
3,300
•
5%
7 Vic
Apr
Apr
5%
Apr
1.50 May
1.95
Jail
Exploration
1
2.19
100,955
4.500
12c
Apr
17c
3c
May
6c
Jan
4c
of
"i
25c
1.11
2,500
7 Vc
-
14.V2
5
250
Mar
4c
5%e
5%e
Cc
1,000
5 Vic
1
52 lie
52%c
60c
13,400
51c
1
7lie
10c
13,350
■
*
7%e?
6% Mar
i
7 Vic May
'
Apr
6%c Jan
4% May
TV* May
2,500
*
2.50
Hershey Tubes
Porcupine Mines Ltd
2.50
2.79
-20c
Feb
9c
24,770
2.02
Jan
Jan
,.18c
Feb
42
41%
42%
450
3612
1.24
2,500
1.00
Jan
10%c
12c
7,300
2c
2 lie
1,500
1c
Feb
32c
32c
5.000
32c
Mar
55
55
25
55
3.65 Jan
Jan
1.12
May
Paymaster Con,sol
-
People's Ciedit Sec
1
_
Penman's. Ltd''common
Pen-Rey Gold Mines
32c
*.
__
_
_
1
5 Vic
5 Vic
6c
20;500
*
_
6
6
6
COc
C5c
9c 10%c
Piccadilly Porcupine
Crow Cold
1
Mines...^
9%C
1
Porcupine
Powell
Reef
Gold
Pressed
Metals
Preston East
Prospectors
Airways
Reeves
Renfrew
Gold
May
8
__i
(Little)
Roche Long Lac
Rochettc Gold
Roxana
Jan
7,525
1.27 Jan
1.72
Apr
Taku
*.
36c'
Feb
River
Rupununi
Ltd common
Taylor (Pearson) common
Gold
Russell
37aC
4c
Tombill
St
Lawrence
Cord
St
Lawrence
Paper
•
2nd
San
Class
Sannorm
Sarnia
Scythes
3.10
7,02b
2.54
Jan
13c
13c
5,500
8Vic
&
Co
Jan
May
Sherritt
Sick's
4.500
3c
10c
Feb
1
39c
38c
43c
22,700
29c
44c
May
1734
17%
20
Mar
Petroleums
Traders
Finance
class
B
A
!>
LI
Transcontinental
111
Resources
Union
Gas
______
20
55c
Feb
90c
Apr
60c
2,000
40c
Apr
65c
May
lOVi
3,685
8%
Jan
10%
Apr
1,000
9c
Mar
14c
Jan
24
Jan
50c
class
B--_.________
"United Fuel class A
10%
1
—
Corp
20
20
-II50
preferred
*20 V'4
670
19% Mar
-
"49
'
Jan
Vi
49
49 Va
105
49
May
52
Feb
17%*
17%
■: no
17
Jan
18
Apr
1.65
25
—
17'/2
1.65
1.90
6.200
11c
Class B preferred 1.
lie
500
i
-
i
HillLL____;
____
"
1.65 May
10c
6
2.94
Mar
1
Jan
Jan
17C
May
7%
Jan
1.10 May
1.82
Jan
6.40
Jan
Jan
Villfocna
4.55 May
2 Vic
3,000
5c
Jan
May
Jan
1534C Mar
Gold
2
Amulet
Walker
;
Waterous
Ltd
Vic
7.25
7.10
8.40
25%
25 Vi
25 Vi
9 Vi
(G & W)
9 Vi
5
7Vic
1,500
23 Vi
2 Vic
12,580
2,055
165
______
(Hiram)
common
Wekusko
Consoi
May
44c
Jan
4214
Jan
Class
"■
common
A
Wingait Gold
Winnipeg Electric
1.50
3.782
15
15
100
1.36
Feb
1.73
13% Mar
15
May
59c
2.500
46 'ic Mar
7c
4,000
5%c flar
59c
May
11 Vic
May
7.10 May
15Vi
Feb
Apr
28 Vi
Jan
9Vi May
7 Vic May
11 >/4
Jan
25
30
50
23%
245
21
93%
10
7 Vic
9c
24,100
5 Vic
6 Vic
2,000
125
43
May
53%
Feb
Yellorex
26c
May
67c
Jan
Ymir
58c
58c
2.850
o7e
May
Jan
York
Knitting
3.462
41c
May
3.286
1.04
62c
12% May
70c
1.75
2.00
Feb
1.400
1.75
May
May
May
3.75
May
8c
25
5Vic
5Vic
1,100
3c
6
5c
9%
10
25
13 Vic
17c
16.000
8c
3.000
8c,
31c
253a
257a
1.015
6.55
6.55
6.95
11.145
ISC
2.300
18V2c 22 %c
5c
5c
5'ic
16 "4
16
16 %
6c
Gc
6%c
24.500
12
May
6c
6c
6 Vi c
15.000
32 Vi
34%
1,619
27
Feb
97
97%
71
97
May
2.15
2.10
2.30
1,123
34c 40 Vic
102% 102'i
11%
11%
74%
74%
17,500
13c
'
100
2,000
50c
26
Feb
1
class
American
18c
Jan
48c
5,760
63c
Jan
84 % May
7,000
4Vic Mar
6*i
Columbia
'.'X;
Mar
Apr
26Vic May
Preferred
Brown
Co
•
2%
2 Vi
_*
common
—
_
Preferred
__
_
_
10c
May
18%
Jan
May
8c
Jan
101% Mar
103 Vi
'*
Canadian
Industries
---
__
Vickers
Canadian
Consolidated
43
15c
51,600
6
6
80
15%
75
7c
Jan
4.50
Mar
6
for Week
Shares
17c
Feb
May
Apr
6%
Apr
15% May
16Va
Paper
5
13
Jan
80
80
80
40
80
May
114
Jan
153
153
10
153
Jan
2%
2,255
May
2% May
156
2%
75
75
83 V'2
240
75
May
19%
20%
860
19
Feb
22%
Jan
12
12
50
12
Mar
13%
Jan
Mar
*
*
12
_
•
*
*
Lumber.
*
_
t*
_
_
Dominion Glass
"preferred
34c
36c
16.500
49c
Jan
*
237i
2334
24%
340
International
23
'' Mar
25
Apr
46
46
46%
1^0
May
48
Jan
Langley's
Ltd
Minnesota
&
20
International Utilities
46
Foothills
May
1.16
1.16
1.18
1.40
-1-.31
1.48
78.403
1.31 May
18
18
210
15% Mar
800
1.16
May
17 Vi
18
325
25%
Feb
7.70
7.70
100
7.20
P'eb
1.60
Jan
Paper
•f
30
175
19% Mar
75%
74
81%
595
3V'e
3%
3%
1,700
1538
15
16%
2,751
33c
33c
36c
2,500
11
11
50
5%
Feb
11% May
36
36
36
140
31%
Jan
37%
32
Feb
34%
Jan
2.50 Mar
3.65
Jan
—
34
34
50
2.65
2.65
1,100
49
1,715
48
48
14%
common
14'4
15
725
1.50
1.50
460
15%
...J':
common
Oil
Selections
Ontario Faper.
_
..
Pend
18
Southmount Investment
8.25
May
Apr
Oreille
1.15
Temiskaming Mining
__
:
♦
42c
--
Apr
Jan
3 Vb
15
2
Jan
Feb
64
-
32 %
22
May
85
May
May
4
18%
May
33c
Apr
48
May
'
45c
58
Apr
Apr
Jan
Apr
Jan
14% May
1.50 May
15% May
22%
Jan
5c
Jan
6.70
Jan
16%
1,758
15 V
| 3%c
4c
5 000
3%c May
3.70
15%
.
__
18% May
Feb
100
2.65
-
Jan
300
Jan
2.59
'
Oil
103
20
Jfcn
15%
34c
4
1.25
+
m
Bridge
High
13% May
20
32
32
Low
1.25
32
•
——
Dalhousie Oil
Disher Steel common
Dominion
Range Since January 1
High
13%
100
common
15%
34c
Mar
Sales
Range
of Prices
Apr
13%c
3
LOW
IIIIIZi
Western
6
7 Vi Mar
Apr
13 V'4
100
common
_
Canadian
13%c
Feb
*4
13
Canadian Fairbanks-Morse common—*
Jan
3.80
6%
2 Vi
Funds
Week's
Friday
Jan
Jan
80
Feb
50
Exchange-Curb Section
conu.*
_
3ana.da and Dominion Sugar...
Canada Vinegars
Apr
1.550
May
6c
75
•
2^2
«i.
Pulp & Paper
14
3.95
7.70
2%
Last
Banknote
86
39%
Apr
18.500
Par
Eritjsh
11% May
3.85
Feb
2.52
74c
S^Ie Price
74% May
38% May
38%
Jan
4%C
Canadian
66
3.85
__
34c
2.10
6%
■y
1,100
3834
Apr
70c
Toronto Stock
Canadian Marconi
20
Jan
37 Vi
4V2C
Jan
Api-
May
6c
11 %c
100
70c
*
__
16
Feb
4 Vic
A
B
Jan
7.10 May
Feb
5c-
6c
1
Mines
18Vic May
28%c May
24% Feb
9c
Jan
Jan
97 Vi
*
7Vi" Jan
Mar
5.85
37c
lie
Jan
:i
Bear
British
28 Vic
May
33 V4
100%
91/4 Mar
9% May
9c
7 Vic
7 Vic
5Vic May
*
Jan
7,000
6
Feb
Apr
May
1
Mines
Jan
8c
4 Vic
35
25
a
May
87e
3c
May
May
Jan
1.17
50
3V2c
Class
Jan
17
Apr
Jan
25
Mar
93 7
100
common
Yankee Girl
13,200
13 Vic
>
May
10.800
1.17
Vic
8
1
Wright-Hargreaves
45
13%
Apr
30
23 V4
937 a
1
—
34c
1.12
30
22
•
,
1
43
12%
23 Vi
100
Weston (George) common
Preferred
26c
41C 45 Vic
23 V2
,s
;
Apr
1.45
7Vic
7 Vic
Grocers
Wiltsey-Coghlan
•
17% May
13,500
,
10%
—_.
Union Mining
17% May
100
72c
10c10*ic
*
18
65c
50c
65c
550
May
Apr
<
1
44.
50
May
Jan
17 Vi
*
Transvision-Television
Jan
50c
page
Feb
May
Feb
12
50
8ee
12c
2,350
8c
-
For footmrte.t
lOVi
10% May
Winchester Larder
8c
1
1.35
Mar
7%c Mar
*■
common
Jan
9
30
1
Gordon
87c
75
1.000
Jan
'■
Breweries
8c
5,800
11
Jan
1
Voting trust certificates
Sigma Mines (Quebec)
.
2,000
10
18,882
7c
1
Sheep Creek Gold
8c
1.18
10
6V4
41.100
1
com
8c
1.12
8Vic
16%
11%
Power
8c
1.14
''
11
1278
7434
Preferred
Apr
May
8Vic
10% May
1
Ltd
Shawinigan Water &
Apr
3.30
22c
8V2C
13 Vi Mar
99
common
5'/a
1
275
pld
Senator Rouyn
28 Vi May
Feb
Towagmac Exploration
11
pid
Mines
4 Vi
Tower
34c
1st
Bridge
May;
26 Vi Mar
2.84
"
36 V
2nd
Gold
24c
13c
1
common
A
500
100
preferred
Antonio
25
2.84
*
Works
950
1
Saguenay Power preferred
180
*
Mines
Silver Mines
V65
*
common
1,5C0
28
47/a
1
Gold
Gold
Torbrit
34c
1
Industries
24c
28
28
Feb
4.95
89c
25%
Ryanor Mining
24c
*
Mines
Thompson-Lundmark
15 Vi
•
Mines
6
47a
Tamblyn
37"h
1334C
1
Mar
1.63
,
1.30
May
Apr
1.15
:
20
1.51
14%
1
Royal Bank
Royalite Oil
Roybar Chibougamau
Jan
Jan
1.55
37 "4
*
;
500
Vic
1.70
Apr
Jan
__1
Oils Co
4c
1.35
6
Jan
73c
—
3,000
5,770
4.55
COc
6
common
4c
1.60
I6V4C 16 %c
1
——
STOCKS—
Robinson
4c
1.46
1.46
1.25
3.65
A
_
Feb
6
1,000
12 Vi
1
class
86
4.60
2.34
1
—
Textiles
Mar
1.25
May
41C
_1
1
81
1
Steel
1.90
'*
MacDonald
Regcourt
Reno
;
85
Ventures Ltd
3.00 Mar
43
_
82 Vi;
Upper Canada Mines___
May
7c
*
__
Apr
82 Vi
1
58C
—
85
Apr
1,000
1
__
Feb
Mar
13 Vi
1.90
26 Vic
auemont Mining
Quesabe Mines Ltd
Quince Milk class A
15
78
60c
12c
5 Vic May
55c
-1
Feb
150
Jan
5.085
-J*
Quebec Manitou
Queenston Gold
80
83
61
42 Vic
6
1.45
40
Apr
15
ll%c
10 Vi
_
80c
67c
14%
82 Vi
Mar
Yellowknife
Quebec Labrador
Jan
60c
15
8212
*
;
____
Preferred
__
Feb
May
Keno
2.05
.
Purdy Mica Mines
Purity Flour Mills pfd.^
Feb
10% May
22
5c
34c
.1
1
7
Jan
Jan
1.35 May
14%
Mines
4,700
7
20 Vi
•
Oils,.
6
15
Proprietary
345
16c
United
3.15
1
Dome__
60c
200
1.335
21
6,725
37
•
*
May
6%
10%
2
3,500
United
2.00
4C
*
6
6c
20 V
1.55
Apr
3.05
1
Corp
Jan
9 Vi C
3%c May
24Vic
3.05
1
River
Power
23c
•
Cons Mines
Western
Porcupine Peninsular
Mar
Vic
May
1.40 Apr
2.05
Pioneer Gold
13c
1.35
45 Vi
;
10*20 May
100
1
.
1,500
1.36
Waite
Gold
15c
____25.
'United
_
May
May
1.05
Mar
10%c
Pan Western Oil
Partanen Malartic
41c
10» 4
-
May
1.12
_
Feb
1
United
Petroleum
24c
6
1
common
Steeloy Mining
_:
Steep Rock Iron Mines
Jan
2.60
Feb
8c
1
.
53c
May
7-1-seC ^
,
Gold
Canada
Preferred
Class
4%
__1
__
18,000
10%
Feb
3.000
4c
4c
__
•
__
500
3c
__
'
25c
1.60
13c
35c
9% Mar
12lie 13lie
1.72
1
30c
*
.____
Bros
Co
Tech-Hughes
12,500
5
_______
Jan
Jan
7Ve
Pamour
Pickle
Olsen
*
common
Sullivan
Jan
5lie
25c
44c
31c
common
;
Jan
12c
7
25c
Jan
Aor
14c
j
99 Vi
20c
Ltd
Preferred
Toronto Iron
Orlac Red Lake V:
Osisko Lake Mines
Perron
Co
Paving
Sturgeon River Gold
Sudbury Contact
13 Vic
5c
_
Jan
94% May
2,050
changed to
Jan
17c
May
2.06
7
__
Apr
4^
26 Vi
354
21c
Sylvanite Gold Mines
12c
2.06
25c
Feb
Mar
5c
Oils
Mines
1,500 1>
51c
51
Jan
Springer-Sturgeon Gold Mines—
Jan
68c
Feb
30
95 >,4
Jan
7 Vic Mar
4%c
1
:•
Mines__
Orange Crush
Orenada Gold
Page
6c
*
___
O'Leary Malartic
Omega Gold
:
Pacific
May
59c
*
common,"
Ogama-Rockland
Osulake
3c
6,500
1
—
Gold
Omnitrans
Standard Chemical
434C
2.11
1
Mines
North Star Oil
Okalta
Jan
1
Gold
Preferred
23c
7%c
__
O'Brien
May
Jan
Jan
7%
25 Vi May
22 Vi May
135
Apr
9%
94%
Jan
12 %e
12 %c
•
Extension Ltd
Northland
7c
4c
1
________
Gold
Mines
Norseman Mines
Inca
14,200.
51%
1
Mining
Northern
Feb
2.35
65c
48 Vic Mar
2034C
*
9c
59%c
•
Malartic
_1
Brazeau
75c
4%c
*
95%
1
;
Malartic
South
22*4
100
Gold
Vic Jan
8c
__
1
Norpick
Noith
Preferred
Siscoe
Stedman
Yellowknile
Nicholson Mines
Normetal
•
1.07 May
Jan
4
51c
4c
__
1
Nib
Nordon
Feb
3%c
4c
1
____
15c
May
8c
*
;
Thurbois
Noranda
Feb
A
B
Earymin
1
Oils__
New Rouyn
Merger
Norbenite
Apr
7c
3c
__
New
2.63
104
3c
__
1
Norzone
Pacalta
8c
14,575
55c
1
Newnorth Gold
New
2,004
1
_
New
8^c
1
Mines
Jason
New
Fc-b
May
Class
Sladen
Alger
New
2.13
100
Simpson's Ltd class
High
May
35c 3634C
,
National
43
MARKETS
ENDED
Range Since January 1
High
7c
5
__
common
WEEK
for Week
Low
1
;
__
National
LISTED
CHRONICLE
Sales
Range
of Prices
Sale Price
FOR
FINANCIAL
4.20
975
42c
42c
130
0%C
7c
12,500
4
3.70
40c
May
May
1.50 May
Mar
45c
Apr
6%e May
8c
Apr
44
COMMERCIAL
THE
(2352)
&
FINANCIAL
CHRONICLE
Monday, May 30, 1949
OVER-THE-COUNTER SECURITIES
Quotation
for
Friday,
May
27
\
Investing Companies
Mutual Funds—
Securities
Aeronautical
Fund
Affiliated
Amerex
series
Managed
5.05
3.85
27%
1
Business
3.83
3.66
2.99
3.30
lc
3.12
7.71
7.72
5
14.34
15.50
Broad
Inc
Invest
Street
Corp
1
lc
2.78
3.13
lc
3.88
3.43
6.85
15.34
Paper
1
31.11
1
Steel
shares
Mass
;
shares
Investors
Ctfs
-
3.67
Trust—
beneficial
of
Investors
interest__l
2nd
Fund
Inc_l
10.73
1
12.99
120%
U. S. Certificates of Indebtedness
11.60
Dollar
•
14.20
Natlon-Wide Securities—
"•
Fund
Balanced
Fund
1
Security
7.84
Int. Rate
7.14
Low Priced Bond
5.71'
6.24
Preferred
Income
Stock
1
5.98
6.54
3.90
__1
Series
Series
-1%% H00.1359
Indebtedness—
of
tl MaS June 1,
tlMaS July 1,
-
Bid
Maturity—
Certificates of Indebt
Treasury Notes—
Upril 1, 1950—
Certificates
Series
Price
Ask
Bid
t
8.48
6.53
Series—
series
Bond
•
__1
Corp
13.65
__1
Investors
National
■
12.71
1
National
Securities
Christiana
119M«
1961
3.45
Maturity-
1
12.51
13.54
com.—100 3,080
3,230
2100
140 '
145
Commonwealth. Investment
1
5.25
5.71
Delaware Fund
—1
12.62
13.79
"Dividend Shares
_25c
1.32
1.46
Chemical
100.6
'
33.45
■t Preferred
100.4
.
100.5
Issues
Canal 3s_.
Panama
25.71
shares
Petroleum
16.81
Century Shares Trust..,
99.18
Ask
100.3-
7.51
23.78
Bid
100.1
100.3
102.4
101.28
Other
:
1
July 22, 1949
1 %s Sept. 15, 1949
l%s Jan. 20, 1950
3.78
Fund Inc__10c
99.10
point
a
Banks—
Loan
1.65s
'
Mutual Invest Fund Inc
Bullock Fund Ltd
98.24
'
Home
Federal
Ask
100.2
99.00
5.28
^lc
•Bowling Green Fund Inc—_10c
Fund
Boston
2
88.61
*
1
f
shares__lc
_lc
20.17
1
Corp
Bond Inv Tr of America
Bid
99.31
3.44
18.66
Holdings
6.58
13.48
4%
5
—1
Bonds—
1, 1950-1949
IM4S May 1, 1952-1950
IMaS Jan. 1, 1953-1951
2 Mi S Feb.
1, 1955-1953
3.44
3.32
Bank
Land
IMaS Oct.
3.18
3.12
Mass
Blair
2.88
Equipment shares_lc
Manhattan Bond
Fund B
lc
Industries
7.11
14.65
5
2%
92.30
Fund
Axe-Houghton
Federal
shares
Home Furnishings shares
Non-Ferrous Metals
t
8%
8
1
Inc—
Axe-Houghton
Figures after decimal point represent one or more 32nds of
Ask
Electrical Equipment shares.lc
29'4
3.51
—2
•Beneficial Corp
Bid
General
—10
A__
Par
Funds—
Automobile
Oilstocks
Standard
Shares
4.60
3.52
Shares
Business
Associated
i-
1
Obligations Of Government Agencies
Mutual Funds—
Ask
IV*
_
Inc
Holding Corp
American
Bid
Par
UMtS Dec. 15, 1949
tlMts Jan. 1, 1950
.1526
Bid
tlMiS Feb.
Ask
100.0503
ii.
.0666
100.0256
.0374
-•100,0301
.0435
•100.0269
.0418
100.0559
.0808
100.0098
.0296
—
1.1950
1949
100.0000
—
1949
1, 1949
Oct.
Ask
(cont)-
99.9993
.0062
tlMis Mar. 1, 1950
tlVaS Apr. 1, 1950
100.0235
.0303
Jl'/is June 1, 1950-wi__—
—
-
-
4.26
1
Speculative Series
•
Eaton
Howard—
<to
1
—1
23.99
5.
First'Boston
-10
Corp
Fundamental Investors Inc
6.91
7.57
1
9.27
1
10.10
6.58
Corporate bond series—.
1
10.60"
5.63
Diversified
Electrical
Insurancevstock
6.57
7.21
Machinery
Merchandising
7.58
Metals
6.71
Oils
shares—wlc
shares_'_lc
v
6.85
—lc
lc
shares
shares
lc
lc
lc
lc
lc
lc
lc
—1
10c
4.11
1.57
Utility shares
Howe Plan Fund Inc
Income Foundation
Fund
Aviation
:_lc
lc
shares
Group
9.19
Pacific Coast Invest Fund
1
10.13
6.45
1
4.47'
1
5.61
I
.1
Petroleum
Putnam
Republic
&
10.16
14.01
1
1
2.07
1
25.44
(new asset value) _♦
47.06
2%
Shareholders Trust of Boston—1
1.61
18.58
5.92
Shares
Sovereign Investors
Standard Invest Co Inc
20.48
Street
Investment
I
82c
50
Television Fund Inc
79c
12.10
Trusteed
1.09
Industry Shares
25c
Union Bond Fund series A
69c
61c
_1
June
1.35%
1.55%
6-
1-49 wi 3-
1-50
bl.55
1.45'
bl.50
1.35%
1
17.15
Series C
1
5.70
1
17.98
Union Common Stock Fund
1
6.46
1
8.66
24.71
■■■:
92.05
Series
1955
1
Series 1956
1
2.29
18.24
9,
June
16,
June
30, 1949
July 7. 1949.
July 14, 1949
17.00
16.03
27.09
14.09
10.88
4.46
Bid
Par
Union Preferred Stock Fund
Life
Income
Fund
Shares
9.41
Street Investing Corp
Wellington Fund
;
1
9.05
9.24
1
16.57
18.59
Whitehall
1
15.15
16.29
Fund
Inc
Wisconsin Investment Co
of
Bank
&
of
3.64
3.36
1
Diversified
Trustee
Shares—
Series E
North
6.32
Amer
1
7.30
2.09
__2.50
Independence Trust Shares
2.38
Shares—
Trust
100
.
_100
106 %
88%
91%
15
32%
39%
41%
20
41%
43%
4
National
Chemical
Bank
Bank
Trust
&
Co
Bank
American
County
Trust
(White
•••V;:
28
53
55
Jersey Insurance of N Y
20
45 V2
61
1
13%
Empire Trust
;
48 >/2
51 Ma
22
5#%
11%
24%
$2.10
Prior
47
$1.05
Convertible
13%
preferred
preferred—5
S-
25%
27%
5
26%
6%
7%
(Detroit )^._10
25 Ma
lo
18%
National
_^-10
25
2 7 Ma
National Fire
—25
58
60 Ma
National Union Fire
183
295
310
100
505
530
20
25
27
...16
22
34
21 %
331
74%.
77
Co
—
National
National
Central
Detroit
Bank
87
90
Detroit-—10
of
34%
10
Pittsburgh
13%
12%
28 %
100
269
278
Industrial Bank of Commerce-10
28
Deposit Natl Bank. .100
290
Mellon Natl Bank & Trust— .100
270
Farmers
30
1.247'
100 1.187
Bank
Bank
City Bank—
....
290
Peoples First National
30
Guaranty Trust
i
,
&
Co
Trust
(J
P)
Co Inc
City Bank
—20
York
1,325
44%
501/2
48%
Trust
—12
United
—12 M2
20
CP,
69
KO
55
A—12 M2
40
42
Bank
National
First
Natl Bank
States
85
Francisco
San
40%
82
38M2
Bank of Amer N T & S
40 %
65%
25
Guarantee &
—20
Trust
&
Portland
228
100 x222
12M2
.38%
Trust
Bank
-
I6M2
10
15%
100 1,285
25
42%
I
Irving Trust
1'V*
6 Ma
575
,
.100
605
Issues
Recent: Security
Bid
Bell Telephone
of Fa 3s
1974* 102%
Stocks—
Ask
102%
%
Bonds—
.
Bid
Par
1
.
Ask
Central Hudson Gas & Elec—
4.75%
•
100
preferred
104 •;
106
13%
17 Ma
175
.,100
Savings
&
Cleveland
28%
4
20%
12M4
Illinois
49 Ma
5
19%
As
195
29 Mi
Massachusetts Bonding
Merchant Fire Assurance
5
185
Bank & Trust- 33 Ms
100
Bank
Trust
Northern
5 4 M»
32
16
50
23 Ma
common
Bid
OO
i
107
Merchants & Mfrs
"American Re-Insurance
__
Surety
Automobile
American
Ma
New
65%
Fire
19 Ma
10
Life-
—10
Continental Casualty
Crum (to Forster
5
—
General
Conecticut
21
Northern
54
New
York
34%
•
Group Assoc
33
43
45%
5
Pacific
*5
24 Ma
•V
15%
Pow
&
100%
2 TVs—-.1979;
Lfc
—12 50
25
r
Indemnity Co
60 Ma
57 Ma
Preferred Accident
65%
Louisiana Pow & Lt ,«3iV5#s—19-74B-
Narragansett
Providence-Washington
—10
—10
103
9M4
New
103
104
Now
v54M'a
84
5
3%
10
32 Ma
2
5%
5 7 Ma
87
;•
4%
England Tel & Tel 3s—1974
North States Pow
(Wise)
3s1»79
'
3s
103%
__ao
•'Fidelity & Deposit of Md-_ —110
_1L10
VPlre Assn of Phila
^-Fireman's
Fund
of Frisco_
„
ao
5
•Firemen's of Newark
61 Ma
•
62 %
63%
Reinsurance Corp
77
80
Republic
16 Ma
(Texas)
10
Falls
Globe &
Republic
Globe & Rutgers Fire
2nd preferred
Great
25 V*
27%
5
49 V*
51%
5
General Reinsurance Corp_
9%
10%
15
com_
15
-5
American
31%
34%
84
33
lo
29
130
12 Ma
80
lo
10
10
48
Surety
Security (New Haven)
Springfield Fire & Marine
Standard
Accident
Travelers
Fire
Hartford
Fire
Hartford
Steamboiler
-_
_
__
10
31%
_10
f 36
33%
127
123
10
Ma
38%
Potomac
Edison
3Mis
—1977
-
105
•
Puolic
Serv
of-Indiana 3s^_1979
101
•
108
109
Vi
Elec—
25
27
4.50 %>
pfd—"
n__
4.60'%
pfd-100
106
1st
& Lt
27%
pfd
106%
103 V2
104%
108
4.70'%
109
'
105%
$4.75
San
101%
Gibs & Elec—
103-
preferred series G_—100
Gas &' Elec—
preferred
Diego
1C4
,
"
45%
10
33
35
100
630
655
4%7»
51M4
U S
Fire
59 Ma
U S
Guarantee
4
10
2
Sccvill
Texas
53M4
62%
74
78
19%
21
...
. .. .
Mfg
. , ... -
.
,
100
94 %
13%
pfd
20%
"J'
Transmission—•
4.20 %
Eastern
19%
—20
.
95%
13%
sale (not included in year's range),
b Big yield price, d Deferred delivery sales (not
year's range.), e Ex-interest, f Flat price, k Admitted to listing on N. Y. Stock Ex¬
Admitted to trading N. Y. Curb,
r Cash sales mot included in year's range),
t Exliquidating dividend.
(Unt Admitted to Unlisted Trading privileges, wd When delivered, wivvhen
issued,
x Ex-dividend.
y-Ex-rights. z Ex-stock dividend.
a
Fidelity & Guaranty Co__2
Westchester Fire
k__
343i
43 %
U S
Hanover
pfd.*
100
)
,
51
32%
Ser
;
Seaboard
52'%
2nd
pfd
pfd—100
(Colorado) 4.40%>„100
Rochester
84
87
31%
6%
Pow
V 103%
17%
(N Y),
St Paul Fire & Marine
Glens
Ma
65 %
60%
34
&
Potomac, Edison
102% :*» IO3M2;
.1978
eonv
Lighting
Penna
Pub
Ohid' Power
$4
reel
5.%
New
100%
100M4
Co
Gas
Paciiic
95
-
Federal
54 %
51%
pfd
->
Pacific
103%
-1978
England Power 3s
&
Okla Gas & El 5 Mi %
103%
102 V2
1978
3s
Elec
108
Phoenix
53%
50
4.70'.0
101
26 V*
8M4
90
Fire
*
pfd
$2.20
Pow
&
Power
Merck
14 Ma
2.50
.
33%
31M.
10
Reinsurance—
Employers
Fire
River
Pacific
Employees
31
Lt
Illinois
Kansas
56 Ma
32 Mi
10
Inc
36
101%
102
Conn
——1979
2Y8S-
Power
Duke
54 >/4
34
2
_10
Northeastern
92
52 Vt
5
Casualty
Hampshire Fire
North
(•Camden
27 Ma
101
101%
Commonwealth Edison 3s —1999
93
88
ilO
Boston
;
Amsterdam
M 42
63 Ma
—25
Shippers
&
Casualty
89
New
Bankers
>
39
—
^
1.10%
10%
9%
10
Trust
&
Bank
Trust
14%
10
22%
x44 Ma
Casualty
& Casualty_5
-2%
American of Newark
>
bl.17
Trust
National
N Y)
64
American Fidelity
-
1949
Ask
Bid
Par
Harris
Co
Plains,
United States Trust.;
103
Equitable Assur.
—
1.10%
National
National
Stamped
Corn Exchange Bank &Trust_20
Title
5
—5
Casualty
bl.17
Companies
First
Trust—
&
Sterling National
Maryland
American
1.10%
1949
34%
10
Brooklyn Trust
Manufacturers
10
4
1.10'V
bl.17
National
40%
111%
Lawyers Trust
'Companies
Ask
333
318
10
Kings County Trust
Insur Co of North America
10
l.iO'.;
bl.17
1949—
Continental
Avenue
__
Home
_
hi.17
1949
11,
City Natl Bank & Trust
■
87%
Automobile
1949.-
28,
•Par
25%
38%
First
10
American
1.10 7;
Ask
24 Vi
Co—10
Trust
Fiduciary
Type Trusts—
56
American Alliance
Ask
bl.17
1.08 %
York
New
Fifth
Federation
Unit
83 M2
/Agricultural
1.40'
Chicago
Manhattan
the
Trust
54
——
Aug. 25,
Bid
Par
Continental
:.i25
Aetna
1.35'
Bills
Commercial National Bank &
—10
10
1.35'
bl.5(%.
1949—_
Aug. 4.
York
New
20.82
Insurance
Surety-
18,
bl.17
—25..
Public Nat'l Bank & Trust_17M2
&
Aug.
July
v
Banks & Trust
New
Casualty
1.04 %
__
Morgan
Insurance
Aug.
1.06%/
_
1.00%.
bl.17
1949
0.96%
bl.17
i
1949
23,
0.90%
bl.17
1949.
June
June
National
Aetna
bl.50
bl-.55
Bid
July 21.
0.70%
bl.17
1949
,
3.28
44.70
Aetna
1.35'
Ask
bl.17
2,
Chase
20.63
Series B
90.21
43.81
Sayles Second Fund__10
Loomls
hi.50
>
Central Hanover Bank & Trust 20
9.38
8.61
1
Mutual Fund—*
Loomis Sayles
1-50
Bid
.'••
8.18
4.65
Fund
'(Knickerbocker
3-50
2-
United States Treasury
Bankers
4.42
S-3
S-4
1-49
1-
2-49
1-49
Bank
91c
47
10c
Corp.*
1
S-2
"
11-
19.78
5.41
Amer
9.66
•
1-49
10.27
Selected
4.44
8.85
14.69
19.08
24.83
12.92
9.97
4.08
S-l
12-
1-49
5-
47.06
9.49
Fund Inc
5.67
1
1
(Appreciation pfd Stks)_l
(Quality common Stks)-1
(Income com Stocks)—1
(Appreciation com Stks)_l
(Low Priced com Stks)—1
K-2
2-
27.35
Wall
(Speculative Bonds)
K-l (Income pfd Stocks)
2-49
4-
1.55%
1.35'
bl.50
2.27
Inc
Berg Fund
24.00
B-4
5-
1.55%
1.30%
bl.50
>
15.06
Fund
27.17
22.00
15.58
1
1.50%
1.30%
Due
15
5
Fund—
Investors
United
Bonds)
1.55% r
Scudder, Stevens & Clark
4.68
11.04
22.74
(Medium Grade Bds)—1
(Low Friced Bonds)
1
3-49
11.13
Trading
(Geo)
Russell
'4.58
Custodian Funds—
(Investment
10-
7.64
28.41
B-3
3-49
6.15
6.97
equipment
7.41
B-2
1-
4.90
12.70
B-l
1.60%
7.67
6.76
Keystone
1.30%
bl.45
1-49
11.10
1
Utility
12.42
•
9-
7.97
of Boston-—1
Trust
9-1-49
1-49
10.07
^Investors Management Fund—1
-Investment
1-48
6-
16.18
3.51
71c
98c
lc
—lc
•/Investment Co of America—_1
Stock and Bond Group
1-49
1-49
1-48
12-
7.70
7.27
4.22
7.46
Insurance Group shares
8-
11-
1,60 %
9.87
14.76
State
shares
Group
1.65%
1.45%
11.79
9.01
1
"! Steel
Tobacco
Ltd—
Shares
Institutional
•7.03
10.76
1
1
;
1
2.47
18.94
5
Incorporated Investors
1-49
12-
■7.70
5.16
shares
equipment
_I
Railroad
15.27
3.84
4.17
4.26
shares:
11-
1-49
Dated
Rate
10.05
Public
•7.63
3.19
stock shares
Railroad
1-49
3-
bl.45
1-49
'
5.53
7.02
2.24
shares
4-
1.55%
1-49
7-
10.72
9.17
Ask
1.50%
1.25%
bl.45
6-
1-48
3.90
9.78
preferred stock—1
Railroad
4.80
shares
3.56
Bid
Ask
1.20%
b 1.4 5
.
1-48
10-
'
9.28
'7.51
5.04
6.96
-He
shares
1
Diversified
-
6.91
6.12
8.84
Industry
Diversified Investment Fund_l
•5.56
1
Bid
bl.45
•
Due
v
9-
1.65%
11.25
4.48
Bond
Bank
1
ff.68
•■'RR Equipment
,
Building supply—.
1
6.15
shares
'Tobacco
6.72
10.69
7.92
4.08
Petroleum
5.78
6.13
9.75
5.60
Priced
Railroad
5.27
1
lc
Industrial Machinery shares lc
'Steel
1
Aviation
iBank stock—
-
4.79
Equipment shares lc
•Merchandising
•
Automobile
9.04
8.25
1
47.26
6.87
Investing Company
•
'•
Dated
,
1.65%
1
6.26
shares^.
r-lc
FullyAdministered shares—lc
General bond shares
lc
-Mining
*"
6.56
Federal Intermediate Credit Bank Debentures
3.30
'14.68
Rate
Agriculture
13.90
5.13
5.06
Institutional bond
3,40
13.69
1
Inc—
lc
Food
Low
Stocks
—lc
-lc
shares
shares
Electrical
>
York
6.00
•;
•-Building shares
^Chemical shares
.
5.24
--lc
Automobile
f-rAviation
"
New
5.56
3.02
Chemical
Group Securities—
^Agricultural shares
.
England Fund
4.68
'
22 Ma
4.71
12.68
5.70
43.95
4.47
1
2
Fundamental Trust shares A—2
General Capital Corp
1
General Investors Trust——1
First Mutual Trust Fund
3.11
New
"1.84
1.68
20 V*
4.28
5.09
Industrial Stock Series
>24.10
22.29
industrial Fund Inc.l
_1
L.1
Selected Group Series
1
Low Priced Com Stock Series 1
3.67
Fidelity Fund Inc
Financial
Stock Series
iff. 76
3.48
;»
25.65
15.67
,-20c
Fund
Balanced
"Stock Fund
Equity Fund Inc
2.95
2.70
__1
Odd lot
included
in
change.
n
■"No
par
value,
tin default.
JThese bonds
are
subject to all Federal taxes.
Volume 169
Number 4807
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
(2353)
THE COURSE Or BANK
CLEARINGS
'•
Bank-
-
clearings
this
week
will
Preliminary figures compiled by
show
1949
compared
,i
with
a
year
ago.
Third Federal
Reserve
based upon telegraphic advices from the chief
us,
is
loss
a
for the
week
ended
same
week in 1948.
Friday of 10.1%.
Our
1949
1948
$6,427,550,344
$7,149,206,261
—10.1
633,778,19.9
—11.8
558,576.915
Philadelphia
837,000,000
-
901,000,000
Boston
416,758,485
Kansas City
,
San
237,560,200
264,900,000
282,760,000
300,675,000
233,237,185
287,629,435
Francisco—
Pittsburgh
I Cleveland
<
268,506,515
2,252,405
684.000,000
.,2,838,753
.5,401,947
;+ 12.1
286,642,557
2,547,295
—10.3
312,946,339
193,198,469
201,702,282
Baltimore
Ten
—21.0
9,205,014
7,067,197
1,033,136,034
$9,777,584,155
2,373,123,380
$12,188,171,100
$13,137,973,899
Other cities, five
days
Total all
All
-
cities,
one
day
697,976,812
Total all cities for week.
7,305,577
196,030,001
358,662,905
4,602,129
4,998,431
8,419,557
303,850,098
6,464,564
328,713,577
Mansfield
•
Youngstown
Pennsylvania—Pittsburgh
Total
issue
our
ends
and
exact
of next
details for the week
week.
We
cannot
covered
furnish
Virginia—^Norfolk—.
7.2
South
West
Virginia—Huntington
:
2,671,856
(6 cities)
the
as
week
furnish
a
SUMMARY
<,
Federal Reserve Districts
1st
12
New York—
3rd
Philadelphia
4th'
6th Atlanta
7th
Chicago
8th
St.
___16
7
r—
1
;
add
now
>
Mobile
0.4
370,736.240
0.3
569,641,201
_
1,003,783.647
—
8.6
856,319,571
—
3.7
416,244,241
340,126,472
1.3
310,132,517
422,786.630
316,333,044
518,783,813
—13.0
318,065,743
—
756,558,613
766,433,517
13,859.778,263
7,476,063,070
years:
—
^
Reserve
1947
Dec. %
1946
$
$
■&
y.
1,460,676
1,206,171
—15.3
'
4,005,068
4,253,687
—12,3
422,711,754
378,120,840
1,628,817
1,359.119
802,088
<
+
9.4 +
v
677,328
1,636,713
—
7.0
)
—
3.2
5,679,677
I
—
4.8
4,329.266
3,740,047
+
3.8
20,754,183
16,906,377
—
4.6
9,311,890
Total (12 Cities)
11,302,280
27,090,900
1,269,-597
:
.
26,421,781/
+
7.111,145
0.1
6,198,100
y
'
Second
New
•
Federal
1>209,315 y "
608,735,242' —10.8
:.
498,375,805
Elmira
Jamestownr—-—_
;
..
.
„
f
Rochester-'
;.
.
30,524,337
2,967,482
.
.
1,907,519
6,824,78^,458
_'
1
20.078,387
Syracuse.
13.682,654
Connecticut—Stamford
63.755,499
16.9
6,599.884
+ 38.8
yy y 291,273
1.4
114,257,248
106,130,170
0.3
569,641,201
488,410,910
/ y
•
I,315,115
9,551,984
7.687,821
10,452,292
5,430,613
5.3
—•
7,071,126,514
\■
10,419,491
2,440,813
—10.1
'2,443'782
'
81,567,189
4.4
.1,227,807
1.6
1.746,719
—14.5
6,094,564,630
7,931,476,734
18,902,610
f
6.2
+
4.0
9.355,666
44.983.491
59,326,761
8,264,901,683
—
6.3
+
4.5
—11.0
—16.5
—14.4
57,755,064
1,020,248
i-
1,318,466
6,219,563,054
16,227,946
13,161,542
-
'
13,112,761
.
7.223,036
12,675,576
,
+4,951,417
,
+ 278,957
+
I,193,853
802,914
8.6
8,317,200
7,470,610
5,454,937
3,701,388
3,442,666
35,542,000
6,381,659
1.3
4,725,233
9.7
42,056,000
+-38.6
4,864,745
0.9
46,606,577
39,008,491
—12.0
3,033,782
2,273.442
18,722,309
+
—
t
58,812,722
3,805,755
'
3,533,510
t y+y
—
25,141,305
$
4.1
27,165,189
II,992.925
+ 15.6
II,611,140
1,261,795
795,013,837
2,800,645
—13.8
1,005,921
696,724
—10.9
680,358,477
546,243,718
5.0
2,823,352
1,638,439
708,172,533
2,941,789
10,638,523
+
+
10,513,514
4.362,034
3,351,122
916,917.864
1,003,783,647
8,378.091
1.2
3,739,328
3,140,375
2,951,156
2,527,188
856,319,571
634,316,153
8.9
—
10,322,681
8.6
—
—
5.4
4.5
+
4,610,243
3,201,952
249,500,000
96,657,483
68,319,518
205,500,000
7,194,282
Lonl»—
Missouri—St.
Louis
.
280,900,000
Kentucky—Louisville
308,400,000
123,498,751
129,567,372
Tennessee—Memphis
Illinois—Quincy
'
'
89,441,175
86,800,285
1,316,742
—
+
4.9
+-
3.0
2,072,058
—12.3
520,771,094
3.7
6,751,617
258,919,068
82,489,900
6,f08,271
1.5
3,867.943
3,760,862
2.8
3,454.671
Total (4 cities).
Ninth Federal Reserve
3,253,978
6.2
101,725,289
5.961.160
Minneapolis
254,925,894
190,981,689
St. Paul
North
Dakota—Fargo
Dakota—Aberdeen
6,190,050
8,992,723
* 548,064
34,299,385
29,379!s97
47,342,045
51,096,328
369,476,635
399,178
5.543,931
1.5
209,372,293
+ 10.3
5,764,724
152,652,359
76,729,030
54,167,143
5,116,241
3,139,814
9.8
2,305,846
7,925,362
3,581,305
1,817,807
1,879,903
6,717,830
1.3
310.132,517
226.581,071
223,306
490,515
4,012,591
78,774,635
—
—23.3
559,076
.
—10.6
422,817
474,324
6,631,069
111,669,844
6,434,437
10,427,601
302,018,490
Kansas—Topeka
116,013,724
6,931,181
2,337.963
13,005,026
360,650,706
10,414,446
2,112,365
1,929,244
Missouri—Kansas City
St. Joseph
Colorado—Colorado Springs.
1,940,568
8,969,353
'
Pueblo
(10
+
520,652
"500,000
6,775,850
Omaha
cities).
451,461.960
Eleventh Federal Reserve
518,783,813
+
2.2
3.7
105,281,889+
—
7.2
-
5,329,921
—
5,963,621
8,572,466
—19.8
—16.3
5,192,908
7,458,131
211,684,504
284,463,275
9,511,851
—13.9
5,909,636
4 10.7
1,464,499
1,276,297
0.6
1,301,967
1,310,521
—13.0
422,786,630
316,333,044
19.3
0.2
5,719,810
196,061,000
—19.4
4,446,501
154.075,000
21,711,672
—
District—Dallas-
Texas—Austin
5,720,239
263,957,274
_
Fort Worth
7,085,724
263,304,000
22,129,970
5,908,000
3,708,527
9,817,565
27,442,190
6,341,000
4,126,476
9,766,353
311,241,575
318,065,743
Galveston
Wichita Falls
Louisiana—Shreveport
(6 cities).
—
+
—
6.8
'
—10.1
+—
0.5
2.1
4,940,000
2)904,046
8,020,817
16,028,338
.
::
/ -
.4,430,000
2,059,722
6,183,664
239,357,345
<187,223,225
Twelfth Federal Reserve
District—I
•San Franciico—
15,692,359
3,783,129
148,301,877
57,904,071
Yakima
Oregon—Portland
Utah—Salt Lake City
California—Long Beach
■
Pasadena
San
10,447,651
7,821,656
3,344,705
137,432,031
159,922,774
417,172,340
.
10,505,279
3,762,918
(10 cities)
(111 cities)
Outside New York
"Estimated.
included in totals.
}Not
available.
3,868,954
8,076,260
Stockton
Total
13,102.935
••
385,929,528
10,869,443
Jose
Santa Barbara—"
Grand Total
107,145,168
9,136,093
San Francisco
tNot
6,404,146,217
—11.7
District—Kansas City—
Hastings—
Lincoln.—
Total
,1,209,378
340,126,472
8,192,939
374,382,130
cities)
Tenth Federal Reserve
•
416,244,241
"
Total (7
78,088,693
55,328,401
1,767,240
District—Minneapolis-
Minnesota—Duluth
8,772,959
756,558,613
10,266,326
.538;410
6,315,744,690
*
+ 41.6
—l
6,343,605
56,556,000
442,624 478
13,748,504
0.4
+
696,917
49,554,038
.
+
—
14.891,619
40,028,776
Northern New
Jersey
75,851,600
1,087,321
Washington—Seattle
—44.2
1,877,985
728,211
J-'Newark—
i
1,744,926
,■
13,878,515
New'Jersey—Montclair
Total (12
Cities)
94.347,279
1,668.026
.
New York
* 835,285
+
84,793,632
(
.>•••)
2,978.648
—
,
f
.
17,040.650
'
f.
<<
York—
>_____
Bihghamton—i
.-Buffalo...
,(.o.
Reserve District—New
York—Albany
63,572,262
13,866,211
Rockford
Total
543,064,501
.
.
8,314,214
19,423,300
(
...
1,847,101
75,252,505
671,619,087
3,347,777
26,176,396
Sioux City
Dallas
23,544,000
1,44$,945,J —12.0
2,936.953
2,797,108
2.0
'370,419
58,281,296
*'630,625
1.631,863
1,944,641
7,893,813
27,094,000
-
3,758,545
3.3
0.5
t2,344,189
Wichita
—24.9
—10.4
5,408,081
lfewiHampshlre—Manchester—
7,039,275
2.2
183,600,000
+
—
8.843,972
Chicago:
-
or
2,129,888
27,415,745
—
12.552,120
48.786,431
95,559,601
6,423,953
Illinois—Bloomington
5,039,749,590
517,647,718
10.778,245
Island—Providence__,
:
+
218,200,000
+
51,089,000
Des Moines
11,259,312,644
6,006,037,754
1.808,640
—I
13,954,388
58,678,650
6.4
—
•
1.245,302
Montana—Billings
7,250,082
/' New Haven
4,354,840
3,542,187
90,227,875
Neb ra s ka—Fremont
4,428,877
877,201
Connecticut—Hartford
4.2
133,111,560
"
Wisconsin—Milwaukee
585,708,586
1,907,346
New Bedford
308.368,768
District—Chicago-
Iowa—Cedar Rapids
653,355,066
'
12,100,602,384
Inc.
1,940.634
Worcester
5
1.3
454,044,432
Lowell-.—1
[ Springfield
370,736.240
+ 18.0
669,687,861
Terre Haute
South
5.9
—
1948
-/
.
1,458;068
'
54,916,792
0.4
—
135,035,170
Arbor
187,223,225
—10.3
$
3,753,004
;
2,339,415
163,330.144
66,947,077
17,830,858
514,239
Orleans
239,357,345
-y,
1949
Fall River-
2,835,118
178,746,864
6.3
—
69,482,472
5,847,585
South Bend
statement showing the figures for each
city for the
S
Massachusetts—Boston
i
2.1
—
15,457,539.804
First Federal Reserve
District—Boston—
.Rhode
+
451,461,960
'
•
369.476,635
311,241.575
^
444,494,854
95,055,210
Lansing
Indiana—Fort Wayne
Indianapolis
226,581,071
374.382,130
detailed
1.1
3.1
-
+
250,100,000
Grand Rapids
684,316,153
520,771,094
.
Maine—Bangor—
K:i Portland
+
3,657,922
92,068,442
cities)
Michigan—Ann
Week Ended
May 21
!
3,437,736
73,896,203
Mississippi—Vicksburg
Seventh Federal
1,895,474
226,314,557
_
Louisiana—New
Total (10
2,337,105
7,528.000
4,259,867
—
11.1
'488,410,910
916,917,864
citlea
572,004,502
78,358.943
_
.308,368,768
—
—
501,725.289
"
733,745,753
9,497,000
Macon
572,004,502
671,613,087
Clearings at—
i
733,745,753
444,494,854
7.034,990,805
our
—10.2
703,469,218
669,697,861
May 21 for four
,
•
111
937,348,^55
714,163,325
442,925,443
Outside New York City
We
:
841,404,089
"
10
-
week ended
6,404,146.217
••
6
Total
442,624,478
6,^15,744,690
"
10
Dallas
12th San Francisco-.
I
498,375,805
—14.4
"
lOth-Kansas City___'_
11th
—10.8
—
"
4
Minneapolis
608,725,242
5.2
10.2
3,394.923
110,372,476
17,085,785
$
1.033.136.034
"
Louis
$
8,264,901;683
"
10
-
Dec. %
205,104,585
1946
979.272,424
"
6
1947
•
543,064.501
"
7
$
or
263.708,415
0.1
234,200,000
Total (16
cities)
Inc.
5,519,414
7.6
—
19,892,600
7.7
Florida—Jacksonville
CLEARINGS
1948'
6,638.118
+
Alabama—Birmingham
•
7,071.126.514
* "
11
Richmond
9th
Cities
12
—
Cleveland
5th
BANK
$
Boston
2nd
OF
1949
24,374,200
4,227,790
+
—
_
Augusta
summary by Federal Reserve Districts:
y Week Ended May ?1
7.9
+ 30.2
—
3,007,001
81,973,641
_
Springfield
■
—12.0
120,419,759
10,866,000
Nashville
Georgia—Atlanta
Peoria
we
212,629,404
District—Atlanta—
Tennessee—Knoxville__
2.1% and in the San Francisco Reserve
following
5,043,817
152,558,865
275,610,709
126,953.354
442,925,443
Sixth Federal
Reserve
Decatur
In the
6,577,656
8.6
—14.1
78,545,856
!
District of
Columbia—Wa slii»gton__
Saturday, and the Saturday figures
District of 1.3%.
703,469,318
11.608,000
7.5
—
are not available at time of
going to press.
the above the last
day of the week in all cases has to be
estimated.
the elaborate
detailed statement,
however, which we present further below
•we are able to
give final and complete results of the
week previous — the week
ending May 21. For that week there
was
a
decrease of 10.3%, the
aggregate of
clearings for the whole country
having amounted to $13,859,778,263 against
$15,457,(539,804 in the same week in 1948.
Outside of this city there was a
loss of 5.9%, the
bank
clearings at this center have recorded a
decrease of 14.5%. 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 record a
ialling off of 14.4%., in the Boston Reserve
District of 10.8% and in the
Philadelphia
Reserve District of 5.2%. In the
Gleveland Reserve District the totals
show a loss of
IU.2%. in the Richmond Reserve
District of 0.4% and in the
Atlanta Reserve District
of 0 3%. In the
Chicago Reserve District the totals are smaller
by 8.6% and in the
St. Louis Reserve District
by 3.7% but in the Minneapolis Reserve
District the totals
are
larger by 1.3%. In the Kansas
City Reserve District the totals
register a decrease
of 13.0%, in the Dallas
Reserve District of
,
714,163,325
127,145,972
3,497,389
219,366,370
_______
Carolina—Charleston
Maryland—Baltimore
—11.3
today, inasmuch
5,516,442
5,244,835
,
11.7
—
937,348,455
by the foregoing will appear
them
5.2
—
35,173,400
841,404,089
1.6
—
787,235,437
6,017,152
District—Richmond
uond—
+
In
-
cities).
9.2
•Accordingly, in
•
(7
8.4
Total
Complete
in
6.449,594
179,128,193
308,005,018
30,494,500
—
$12,386,147,912 $13,925,209,336
6,306,346
+ 30.3
—
1,773,358
District—Cleveland-
Richmond
cities, five days
—10.4
2,111,061
,
4.2
—
$10,764,850,519
2,410,586,945
*
3,090,840
3,476,609
9,080,548
Cincinnati
Fifth Federal
Reserve
1
cities, five days
'1,904,282
679,000,000
2,286,473
2,154,528
5,029,903
8,141,851
855,295
•
4,278,366
2,284,556
Columbus
cs ©
—
+—
3,974,803
Cleveland
7.9
-f
J
Ohio—Canton
6.0
—
751,788
6,054,468
cities).
Fourth Federal
Reserve
—11.5
—
934,846
926,278
5.4
7.1
—
750,437
5.4
6.2
—
444,44.6.488
243,900,000
•
.
3,455.038
%
New York
1,072,451
9.2
—16.0
Jersey—Trenton
(11
0.6
2.8
+
—
3,098,606
—
Total
»;•■:
994,000.000
Delaware—Wilmington"—"'ZZZZZZIZZIZ
New
1,183,891
—
979,272,424
York
y
/
Chicago
1948
9
2,604,219
ZZ1Z1ZZZ
_
-
Week Ended May 28
1947
940,000,000
~
Scranton
y
1,234,749
1,028,860
3,642,079
Philadelphia
Reading
comparative
v
■
or
Dec. %
1,057:703
/
Wilkes-Barre
summary.for the week follows:
Clearings—Returns by Telegraph
Inc.
9
1,079.930
Bethlehem
Chester
At
-
1,227.80-1
Lancaster
preliminary
total stands,at. $12,886,147,912
against $13,925,209,336 for the
$
District—Philadelphia-
Pennsylvania—Altoona
cities of the
country, indicate that for the week ended
Saturday, May 28, clearings
for all cities of the United
States from which it is possible to obtain
weekly clear¬
ings will be 7.5% below those of the
corresponding week last year. Our
this center 4here
1948
-
decrease
a
45
Week Ended
May 21
:
766,433,517
13.859.778.263
15,457.539,804
7,476,063,070
7,034,930,805
+
8.0
+ 13.1
+
7.9
'
—
3.4
4-25.4
97,170,381
8,052,423
102,644,342
45,075,254
8,661,126
90,153,240
3,058,122
'
94,024,401
33,390,942
10,664,525
+ 16.8
6,068,416
6,191,816
—
7.5
3.5
369,519,309
9,840,548
3,804,327
330,192,208
•+
—
2.7
—
7.9
8,118,940
7,739,883
3,442,699
•
6,850,750
1.3
653,355,066
585,708,586
—10.3
12,100,602,384
6,006,037,754
11,259.312,644
—
—
5.9
5,039,749,590
40
COMMERCIAL
THE
12354)
CHRONICLE
FINANCIAL
&
Monday, May 30, 1949
Company and Issue—
Foreign Exchange Rates
give below
record for the week just passed:
a
CERTIFIED
RATES
EXCHANGE
FOREIGN
daily
.
RESERVF
FEDERAL
BY
MAY
.
20.
We
countries of the world.
Secretary of the Treasury the buying rate i'or cable transfers in the different
the
to
514:'r
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies
Pursuant to the
TO
1949
MAY
BANK
TREASURY
TARIFF
UNDER
$
"regular" products
regular" products:—
For
May 21
May 20
;
'
Co.,
Atlantic
5 Vj </c
S
$
.297733°
.297733°
.297733°
.297723°
products
Australia, pcund
.297733°
.251247°
,2c1247°
.251247°
.251247°
.200000°
____________
.200000°
.200000°
.200000°
.200000°
3.210070
_____
3.211483
3.210150
Closed
3.211650
3.21C233
.022750
.022750
.023750
.022025
.022006
.021950
.022025
.054406
.054406
.054400
.054406
.054406
New
1.000000
1.000000
1.000000
.955312
.058671
.301166
.301166
.301)66
.301166
.020060
.020060
.020060
.020060
.208535
Denmark, krone.
.298535
.201535
.208535
.208535
.004671°
.002039°
.003035°
.003035°
.301678
1st
.120481
Wilson
.376057
3.988756
.576028
.376028
.370628
3.938860
3.950503
3.990710
3.988963
.201580
.201580
.201580
.201580
.201580
.497240
.497240
.497240
.497240
.040328
.040328
.040828
.040328
.040323
.472000
.472000
.472000
.472000
Consolidated Grccers
.278228
.278228
.273228
.278223
.278228
.233629
.233629
.233629
.233629
.233629
4.007500
4.007500
4.028632
4.028984
4.0S0429
4.030703
4.028789
.658300° t
.588223't
.56179C't
,531909*'t
.658300°t
,65830C*t
.658300°t
,65S300°t
.588223 °f
.588223°t
.538223°f
.561799H
.561799°t
.561799°t
.561700°f
Ohio
.5319G9°t
.531908° t
.531909°t
Pacific
Closed
Closed
4.007500
Uruguay, peso
•
_—
Uruguay, peso
Uruguay, peso
.531909°f
crease
May 26.
1948
"
$
$
(Redemption
fund
notes
for
F.
587,138
23,116,569
S.
276,866
cash..
advances---—
and
24.C07
30,000
+ 2 621.807
securities—
and
items.—;
15,193
19,862.952
mand
45.882.543
180
-
3.812
+
S.
deposits credited to domestic banks decreased in
A
member banks follows:
notes—
23,240,920
23.974
—
acct.
18.026,670
acct.
gen.
667,528
482.600
Foreign
v
Other
Assets—
495.358
Total
deposits
19,672,165
Deferred availability items
2.127.825
Other
liab.,
Investments—total
inch accrued divs.
12.878
liabilities-
loans
11,393
—
15,531
—
.
„
■
to
loans
U.
110,311
+
79.551
Real
660.252
195,433
S.
1,027,424
—
for
paid
Capital
in
204.461
-!
7)
...
i
45.882,543
6,341
+
27,543
accts.
31
466,711
Surplus (Section 13b)
Other capital accounts
130.040
'
5.805
-1,023,583
•if
—
,
72~180
154.293
of
serves,
note
gold
to
certificate
deposit
re¬
0.9'7
2.8' c
Contingent liability on accept¬
ances
correspondents
to
-
make
9
334
+
594
+
50
+
Silk
—
3
—
86
421
+
5
—
64
4.089
securities—total
—
10
+
—
•
239
—
—
268
—
15
Reserve
vault
—
1,438
—
1,089
+
+
53
+
242
>761
Balances with domestic banks..:
.
+
35
—
2,081
483
47
—
+
;
1,994
1,016
13,438
Banks
207
-+
4,406
Federal
44
3
—
25,919
securities
in
11
•+
967
U. S. bonds—
344
+
—
33,872
:
3
+
3 90
—
55
—
—
172
1,404
16
204
Hosiery Mills, Inc., 7% preferred stock.,
& Rys. Co.—
and 7 4
prior preferred stocks—
in this
♦Announcement
adjusted
deposits
Time
deposits,
Government
S.
Interbank
except
45,816
15,251
Government...
—
—
deposits
1,191
Debits
to
105
Dividends
first
15
4.261
which
condition statement of weekly
reporting member
banks of the Federal Reserve System in leading cities
shews the following principal
changes for the week
ended May 18: Decreases of $161,000,000 in commercial,
industrial, and agricultural loans, $268,000,000 in hold¬
ings of Treasury bills, and $280,000,000 in demand de¬
posits credited to domestic banks, and an increase of
$563,000,000 in borrowings.
industrial, and agricultural loans de¬
creased in nearly ail districts; the principal decreases
were
$7,9,000,000 in New York City, $23,000,000 in the
Chicago District, $19,000,000 in the San Francisco Dis¬
Commercial,
trict,
and
Cleveland
purchasing
$11,000,000 each in the Philadelphia Tancl
districts.
Loans to brokers and dealers for
or
carrying United States Government and
July
*
1
§Vol. 167.
166.
Then
follow with
we
which have not yet been paid.
of past
ord
the
under
announced, but
Further details and rec¬
dividend payments in many cases are given
in
company- name
"General Corporation
our
in the week when
Investment News Department"
and
In the
second table in
a
show the dividends previously
we
declared.
The dividends announced this week are:
Per
Name
Castings
Aluminum
i.e..
—
402
16
—
13
563
+
+
561
those
called
The date indicates the
under
1
6-15
6-17
1
6-20
Allied
45c
6-22
6-15
Mills,
50c
6-17
6-
7
25c
6-17
6-
7
35c
6-
1
5-20
15c
6-
1
5-20
25c
7-
Allis
Inc.
(Louis)
(quar.i
Items
reported
are
instead of net
gross
Company
Bank
American
6U
Note,
current
preferred
called
Common
class
Common
class
class
Common
sinking
or
fund
volume
were
American General Insurance Co.
Quarterly
(except where indicated) in which
NOTICES
OF
American
Company and Issue—
Home
American
Ice
Curtis.s-Wright
Cov.
common
stock
Corp.,.. common
9
Jun
stock..,.Jply
Page
,
2093
1.
,,,2208
1
6-15
preferred
1
7-
1
7-
1
$2.25
7-
1
6-15
$2.25
7-
1
6-15
15c
G-15
5-31
6-14
6-3
v3.90#
25c
Co.,
common
—
Power
Foundry
.
Co.,
Wringer
5#
Arnold
Asbestos
Corp., Ltd.
6-10
7-
1
6-
2
7-
1
6-
2
I2V2C
7-1
5-31°
15c
7-
1
6-15
6-30
6-15
75c
6-29
6-
7
3 7 Vac
6-15
6-
1
30c
_
5-31
5-21
25c
6-15
6-
15b
0-30
6-15
$1/.12Vj
7-15
6-15
—
_
....
...
(quar.i.—
pfd.
(quar.)—
preferred
—
(quar.).
1
25c
preferred
Corp.
6-24
6-17
(quar.)
...
6-17
1
6-17
7-
1
6-17
6-22
6-10
f 30c
—
1
7-
12 VjC
(quar.)
(quar.)
7-
25c
594aC
'
Constable
6-10
6-30
<s-ai__
B
convertible,
8
6-24
1
35c
Armstrong Rubber, class A
Class
8
6-
77-
10c
orefened
3#
4 V2 #
8
6-
50c
(reduced)..——
common
Gas,
Ccrp.,
6-
1
6-22
$1.50
—;
Co.,
Natural
9
6-30
7-15
$7
.
Inc.
Edison
Steel
Armco
9
6-
50c
.
—
Co.
6-
1
$1
..
(quar.)
Anaconda Copper Mining Co.
Apex Smelting Co. (quar.i
i
A ready Farms Milling
Co. (quar.)
Metai,
Ampco
5-31
1
$1.50
laccum.l.
..
common...
Co.,
8
7-
7-
$1.25
_
—.....—
Snuff
6-
35c
Cq.—
pfd.
preferred (quar.)
5-31°-
$1.75
.
Building Co., common
non-cum. preferred I annual 1
6#
6-10
6-14°
6-10
97 lie
(quar.i
Light, $6
&
1
1
10c
__
77-
50c
(quar.i—
(quar.)————
preferred
American
6-15
10c
class A quar.)
&
6-15
•:•'
—
(monthly)__
Machinery Co.
Machine
American
6-15
7-
1 Houston 1
Froducts Corp.
American Laundry
6-30
6-
9
1
Atchison, Topeka & Santa Fe Ry. Co.—
5'<
non-cum.
Realty,
Fabrics
Class
Date
6
7-
15c
(quar.
Hardware
Auto
TENDER
6-
15c
—_ _ _
Thread
given in the "Chronicle."
1
____
reducedi,—.
1
Stamping
last date for mak¬
6
7-
25c
D
American
provisions.
6-
15c
(reducedi
4Va',i. preferred A (s-a>
4'apreferred B <s-ai___
—. ——American Factors, Ltd.
(reducedi————
American
redemption,
1
—
(reduced)
B
C
gross,
bonds, notes,
for
6-15
7-
75c
—
6-16
6-29
15c
(quar.i
1
75c
40c
iquar.)_
common
Bemberg Corp.—
Common class A
(reduced 1
Atlantic
the details
iquar.)
American
as previously
basis.-
ing tenders, and the page number gives the location in
the
—
Amalgamated Sugar
American Agricultural Chemical Co.
Arizona
redemption
3
1
•
including
6-
7-
American Ship
list of corporate
stocks
1
7-
Arkansas
a
7"
3
7-
American
common
3
75c
preferred laccum.l
American
Republics Corp.
individual loan
be found
6-
2#e
$5
Notices
and
1
50c
—
Locomotive
Redemption Calls and Sinking Funds
preferred
3
7-
S1.05
preferred
4.20'+
Locker Co.,
—
Year-ago figures have been adjusted to a
Below will
6-
iWatertown,
&
American
22,620
1948.
6-
6-15
(quar.t
Electric
American
accounts,
before deduction of valuation reserves,
6-15
62 VaC
:
6-
Equipment Co. (quar.)
International Investing Corp. (extra)
Power Co.,
Alabama
338
280
714
___
Govt,
1
6-14
20c
iquar.).
Co.
Insurance
490
deposit accounts, except
S.
Co.
Insurance
Life
6-8
6-16
9
25c
preferred (quar.—
Casualty & Surety Co. (qu&r.i...
Agricultural
7-1
7-
12'/aC
Corp
eonv.
+
—
1,327
U.
6-8
7-1
5c
(quar.)
Bearing, common
& Roller
—
2
95
+
8.121
and
Holder*
When
Payable of Rec.
5c
Ball
Aetna
40c
(initial quar.)
new com.
■
Advance
7#
banks
demand
Share
of Company
Abbott Laboratories,
624
«
The
,tVol.
grouped in two separate tables.
are
current week.
7
reported.
Condition Statement of Member Banks
issue.
bring together all the dividends announced the
we
—
demand deposits:
tBeginning June 30,
2.373
2106
51591
2107
1491
DIVIDENDS
American
Liabilities—
2.465
indus¬
loans
1
1
9
July' 1
6.36 4
American
trial
-1454
Jun
—
256
194
or carrying:
obligations
during week
5,765
-f
3,872
with
555
1,016
4,898
interbank
purchased for foreign
Commitments
1993
1
—July
Jun
bonds, due 2004
——
6%
debenture bonds, due
2024
$5 preferred stock
Co.,
Lighting Corp.,
Extra
obligations
...
Borrowings
53.9#
6
Jun
Allied
—
pur¬
Foreign banks
and F. R.
combined.
liabilities
for
2,088
Domestic
Ratio
dealers
161
—
purchasing
Government
3.
Demand
: +
Jun
1959
mortgage
Power
Allen
banks
U.
Total liabilities & cap.
652
Treasury certificates of indebtedness.
18,522
+.
+
loans
Cash
____
(Section
Surplus
287
loans
estate
Reserve
Accounts—
+
Treasury bills
251,336
■
due
debentures,
5s,
520
1,302
agricultural
securities
to
U.
5,005
+
644
Government
Loans
94,759
5.96
+
—
291
securities
Other
+
and
Government
Other
105
+'
carrying:
or
S.
+
13,747
brokers
1,125,603
338,794
—
.—
General
Aetna
24,173
and
—
1,120.032
+
358,055
—
Page
t2410
series A, due 1952
New York & Westchester Lighting Co.—•
5#
1948
23,876
Loans—grosst
Commercial, industrial,
Other
Capital
1949
62,154
Loans—net
347,005
274,873
—
Date
debs., series A, due 2024—July 1
Corp., V/2% debentures, due 1960-Jitn 25
Corp.—
fund
mortgage
Aetna
and
Loans
Treasury notes
Total
May 19,
(in millions of dollars)
Other
...—
„—
May 11,
May 18.
Other
—
1821
CALLED
ISSUE
Addressograph-Muitigraph Corp.
Dec. (—) Since
154.293
-
sinking
Extra
Inc.( +) or
U.
bank—reserve
liabilities of reporting
of the assets and
summary
chasing
Treasurer
De¬
Borrowings increased S457,000,000 in New York City
$109,009,000 in the Chicago District.
11,371
■1,023,538
—
196,151
-
24
32,437
...
5,473
408.819
2.312.833
—
2037
and
Deposits:
Member
$47,000,000.
deposits increased $95,000,000.
-1,051,076
1.763
bonds, due
V/c
all districts.
Liabilities-
U.
increased
bonds
901,249
-
616,982
98,907
131,880
Reserve
Government
Government
Loans
Federal
.588223°f
1949
assets
Jun 17
1958.—,—Jun
1
bonds, ser. C, due 1973
(4'4
mtge.
England Telephone & Telegraph Co.—
1st
19
premises.
assets
+ 2 047,600
69.000
States
States
—1 587,700
19.691,135
securities.
Govt,
5 c/c
Holdings of "other securities" increased $53,000,000.
Demand deposits adjusted decreased $79,000,000 in the
San Francisco District and $45,000,000 in New York City,
and increased $32,000,000 in the Kansas City District and
$31,000,000 in the Cleveland District; the net decrease at
all reporting member banks was $105,000,000.
United
—3 982,956
foreign banks
F. R. Notes of other banks—
Total
260
—
359,100
loans
Uncollected
149,567
—
10
from
Bank
601,779
—
8.370,600
S.
1890
2149
1492
total 'of $444,000,000 at all
a
3,455
—
6,747,800
____
Total U.
Other
2,896
+
1,090.676
+
627
Bonds
Due
2,703
—
33,585
—
4,213.635
Certificates
Total
14,710
—
Container
National
New
4.007500
.
1st
Inc.,
ENTIRE
in New York City
reporting member banks.
Holdings of Treasury bills decreased $129,000,000 in
New York City, $76,000,000 in the San Francisco Dis¬
trict, $58,000,000 in the Chicago District, and b,y smaller
amounts in nearly all of the other districts. Holdings of
and
securities:
—
Notes
171,190
loans
Govt,
Bills
,
S
\
1,124,261
+
12,002
+-
R.
.......
15
1
Company and Issue—;
other securities increased $412,000,000
United
(--) since
1949
22,529,431
4.007500
'
ref. mtge. 3
Co.,
64.
de¬
or
May 13.
1949
certificates
Jun
—
Ry.—
lien &
Real
dollars)
Increase (+)
Assets—
1
United. Light
Reserve Banks Combined
May 25,
.
Virginian
of merchandise.
upon type
Statement of Condition of the 12 Federal
of
2214
Jun
1968,
Appalachian Power Co., 6%
2
thousands
1
_Jun 15
1
.376000
.472000
(in
*
1996
1997
1997
$3;75 preferred stock—July
Associated Oil Co.,
Water
.122649
1
Union of South Africa, pound
United Kingdom, pound sterling
U.
Tide
.301673
Straits Settlement, dollar
Industrial
.004671°
1991
Co.—
Gas
.497240
tApplication depends
1
...
pipe line 3'7 bonds, due
Thew Shovel Co., 7# preferred stock—
.003035°
Sweden, krona
Discounts
Natural
.501678
_
".Nominal rate.
4.50 4
mortgage
.003025°
Switzerland, franc
Uruguay, peso.
1338
1973——.;——
.122649
i
Portugal, escudo
Jun
1
pfd. stock.Jun 30
1936
Gas Co.—
&
3%s, due
mortgage
Southern
.004671°
Electric
Carolina
....
^
1882
due 1961—
A,
& Gas Corp.,
;___
pound:
Jun
1
stock.Jun 30
Jun
1
1965—
preferred
eer.
England
Theatres, Inc.—
bonds, due 1958
.301678
Netherlands, guilder_______
Philippine Islands, peso
3s,
bonds, dated
.125508
Norway, krone
due
Co.,-$2.20
Transfer Ry.—
.122649
Mexico, peso
Other
Malting
.301678
Free
India, Dominion of, rupee
New Zealand,
1881
mortgage
1st
.004671°
.004671°
1
1
Jun
July
stock—..:
Co.—
1st mtge.
York State Electric
1st
—
&
mortgage 334 %
South
(Metropolitan), franc—
Official
Depot
Jun
Soaboevd An- Line RR., 1st m(ge. 4s, see. A, due 1996-Jun
Sherwin-Williams Co., 4#
preferred stock——
Jun
.958750
301166
______
Grain
1987
2207
2102
Corp.—
due 1961——
4.9017 preferred
3%%' bonds,
mortgage
Poli-New
1.000000
,953125
.020060
Ceylon, rupeesCzechoslovakia, koruna
1.000000
.952734
Free
Power
Union
Electric Co.,
1st
Official
Gold
1st
Frocdteit
1st
Canada, dollar—
France
Street
Fort
Corp.,
314s,
Page
1
5'7 preferred stock..—__—-Jun 20
1st mtge. 4s, due 1957.
.Jun
1
Co.,
C01 p.,
Power
Minnesota
.022750
.023075
.
New
mortgage
Iowa
,022750
Belgium, franc
Foreign "bank notes"account—
Brazil, cruzeiro.,
York
1st
Folrida
s
.251247°
For "non
For certain industrial
May 26
May 25
May 24
S
Coal
2103
Date
—Jun
stock
preferred
Sugar
DeBardeleben
2107
REDEMPTION
Company and Issue—
May 23
$
2210
Sugar Co.,
Eastern
V'i'' F "";l
Argentina, peso—
*
10
Philadelphia
Cuban
Money
Buying Rate for Cable Transfers in New York
Page
'7..'. 'vV..
1926.———_Jun
$4 sinking fund bonds,, due 19.77—Jun
9
Transportation Co.—
Consol. mtge. 317-6% bonds, series A, due 2039—^—Jun 15
Pittsburgh, Ycungstown <fc Ashtabula Ry,—General mortgage bonds
:
May 31"
Mar.ati
Childs
Noon
./"Y-•■-v'
i
dated
bonds,
serial
secured
PARTIAL
Value in United States
Country and Monetary Unit
Date
:\t.....
,
RR.—
lf-30
OF
ACT
INCLUSIVE
1949,
26,
TO
Pacilic
Missouri
prefeired
S6
Products,
Ltd.,
B
Aucomobile
(s-a)_
preferred
class A
...
Insurance
Co.
—..
(Hartford)
,
;
$2.50
(quar.)
8-
1
6-30
6-20
7-
1
fl5c
7-
2
tlOc
7-
2
6-15
25c
7-
1
6-
$3 v.-
(s-a 1
-
6-15
3
Volume
THE
Number 4807
169
FINANCIAL
&
COMMERCIAL
•'
;
Per
Name of Company
Share
When
(.2355)
.""J-.
Per
Holders
Payable oj Rec.
CHRONICLE
»•
Share
Name oj Company
When
Holders
Per
Name of
Payable of Rec.
Company
Share
47
Holders
When
Payable of Rec.
"
Babcock
&
Baldwin
Company
(Joseph)
Bancroft
Wilcox
Oil
Corp.—
Cigars,
Creek
Inc.
Special
5
Co.
Oil
i
7-15
6-28
6-10*
50c
7-22
7-
1
50c
6-24
6-
3
25c
12.MiC.
6-30
15c
6-28
6-15
2V2C
6-15
6-
1
1
*_*—
Machine Co..,—__
...
Decker
Bohack
(H.
5Vj %■
Mlg.
C.)
prior
Boston
Co.
6-30
.
—
Water
—
6-
7-
10c
——
Fifty
6%
Increased
$2
preferred A
Eritish
(quar.)
American
Brooke
(E.
&
G.)
Iron
Extra
—*
7-
1
6-17
Foot-Burt
7-
1
6-17
Foreign Light & Power, 6%
7-
1
6-17
Foscer-Wheeler
6-10
6-
6
Fort
7-
2
6-15
6-16
Company
Co.
Burgess
Battery Co.—
Burlington Steel Co., Ltd.
Burnham
Bush
Corp.,
Terminal
6%
7-
1
6-15
7-
1
5V2 %
6-15
preferred
6-
2
General
Box
6-10
General
Cable
6-14
5-31
—
6-14
5-31
General
Instrument
5-28
General
Mills,
6-
6
3
5%
General
6-13
6-
7-
1
6-10
6%
7-
1
6-17
7-
1
6-15
Glen
preferred
75c
7-
California
60c
6-15
6-
1
Goderich
25c
6-15
6-
1
Gold
27V2C
6-15
6-
1
Goldblatt
7-
6-15
0%
prefened
(quar.)
5'/a% preferred (initial
Canada
Dry
$4.25
preferred
Canada
,
15c
common
(quar.)—
preferred
non-cum.
Canadian
Foreign
Canadian
Silk
Si.50
class
Carey,
SI.O6V4
Carriers
Century
Co.
Chateau-Gai
Chemical
Corp.
Co.
of
South
1
6-
3
Class
Shore
Co.,
7-
5
6-
2
Haloid
7-
5
6-
2
7-
1
6-15
Hanson-Van
133;c
6-
1
5-14
Harnischfeger
&
Mahoning
Climax
Moljbdenum
2nd
preferred
6-15
RR.—
25c
6-15
6-
6
Hart
$1.50
6-20
6-
4
Hathaway
4
Ry.
$1.75
6-20
6-
$2.50
7-
(s-a)
$1.50
$4
$5
Haverty
4(4
preferred
Dairy
Cochran
A
6-20
Heileman
6-
Helme
6-23
8
Foil
Co.,
pfd.
(quar.)
Life
7%
Colorado
Fuel
Columbia
D.
Title
C.)
(N.
3.60%
1
6-17
Hercules
(qunr.)
Co. • (Washington,
1
6-17
Ilinde
Datich
(quar.).
Solvents
Corp.,
Common
common
*.
Shoe
Investment
Machinery
Co.—
(quar.)
Rendering
Contincntal-Diamcnd
dividend
Crane
Company
L.),
Creameries
of
5%'
Ltd.
A
Extra
Common
Monte
Mills,
Properties
Fund,
Dentists'
Supply
Co.
Stockholders
6-14
Steel
Corp.
6-
5%
2
6-10
4V4%
5%
Industrial
6-10
6-24
6-14
Inspiration
6-10
Inter-City
7-
1
6-17
7-
1
6-17
7-
1
6-21
Y.,
6-15
Common
6-15
4%
6-10
5-31
5
6-
1
2
6-21
6-
1
6-15
$1.75
7-
6-
6-15
6-
6-
Investment
12V2C
—
6-
1
50c
(reduced)
5c
G-10
6-
$1
Inc.,
preferred
iquar.)
Duncan
Electric
Duplan
Corporation
Duiiron
Company
5-28
6-
L
(quar.)
6-3.5
6-
6-10
7-30
7-
1
6%
prior
Joslyn
Service
preferred
(liquidating)
6-15
6-10
4%
5-23
5-31
(quar.)——
Malleable
Iron
Egry Register Co., 5V2%
$1.50
Co.
iquar.)
pfd.
Electric Boat Co., $2 preferred
Electric
Electric
Controller
Ferries,
Electrical
«fc
_
(quar.)
Corp.
77-
(quar.)
(quar.)—-
(Calif.)
(quar.)
&
;r
6-15
1
6-15
$6
6-30
6-10
(M.)
Gas
Mathieson
7%
Chemical
preferred
McCrory
(F.
McGiaw
5-28
7-
1
&
25c
$3.50
1
Company,
Keystone
•
$7
6-10
6- 1
7- 1
$30c
37Vic
87Vic
70c
6-30
7- 1
7- 1
7- 1
5-31
6-13
6-13
6-13
2nd
$4
7-
—
—.—
(quar.)—_
common
Mesta
Metal
1
6-20
6-24
6-14
(initial)
preferred
Michigan
quar.i.
(quar.)—!
Machine
6-15
6-24
6-14
6-24
6-14
Midwest
6-24
6-10
6-
6
5-31
6-
1
5-19
5-25
5-14
7-
.
6-10
6-
2
6-20
66-
3
40c
7-
6-
7-
1
6-
2
6-17
Class
45c
6-25
6-
6-
3
7-
5-31
2
(quar.).
Fuel
River
&
Monroe
Auto
5%'
40c
(quar.i
preferred
Increased
Mueller
Works,
Securities
Nation-Wide
(quar.)
common
Co.,
(Md.)—i..
Inc.
30c
6-20
6-10
National
2
6-
1
National
6-10
6-
1
7-
9
6-24
$75c
40c
7-
National
Breweries, Ltd., common
7- 2
6-10
7- 2
6-15
7- 1
6-10
5-31
6-16
6-10
7-.15
6- 8*
5-20
25c
6-30
8- 1
6-24
(qunr.)
6-10
National
7-
National
7-
1
6-17
7-
1
6-17
National Sugar Relining Co.
6-
1
5-10
Nazareth
9-
1
8-10
New
Car
National Steel
(reduced).—
Co.
(quar.)
Corp.
Corp
Cement,
6-14
7-15
6-14
7- 1
6-15
7- 1
7- I
7-1
6-30
7- 1
6-15
6- 2
6-15
6- 3
6-15
6-18
6- 6
6-15
6-15
$3.50
iquar.)—
15c
England Laundries, $6 preferred (quar,)
Hampshire Fire Insurance Co. (quar.i.
$1.50
England
6-
1
New
6-30
6-
1
New
Haven
6-30
6-
1
N.
10c
6-10
5-27
Newport
7-
6-
7
6
50c
iquar.)—40c
$1.50
Niagara
6-
Insurance
Fire
Gas
Haven
$'$1.06'A
Co.
6-30
,
50c
(quar.)
preferred (s-a)
7%
o-
25c
:
Cooker
Pressure
Steel
25c
37V2C
$1.25
Co
Oats
5-31
$37V/2C
S3
(s-a)
50c
•
6-30
1
6-22
Y.
(s-a)
Co,
RR.
Industries,
6-30
6-16
$1
6-29
6-
6
Common
6-29
6-
6
Common
class
6-30
6-17
$1
,
6-30
6-17
7-
6-15*
433Ac
(quar.)
50c
(quar.)
iquar.)_
15c
7-
1
Common
class
D______
Indiana
Public
1
6-10
7-15
6-24
6-20
6-10 *
Pieferred
Ohio
(quar.)
25c
7-
1
9c
Service,
Co.
Co.
Co.,
common—
(quar.)
(s-a)
—
iquar.)
(quar.)
Edison
—
——
common
1
1
7-
1
6-15
7-
1
6-15
30c
6-20
22V2C
$1.50
10c
50c
6-30
7- 1
6-15
6-15
3
6-15
6-15
6- 1
6- 1
3.30%
Y.)
pfd.
Corporation,
Building Co
8%
pfd.
6-30
6-10
7- 1
6-15
$2
7-1
6-10
-—20c
6-10
6- 1
$1.25
6-13
7- 1
6- 6
6-10
50c
7- 1
6-15
40c
$1.25
7- 1
7- 1
6-10
6-10
30c
$1.12!/2
$1.15
7- 1
7- 1
7- 1
6-10
(quar.)
—
Ox
6-15
7-
6-15
7-
6-15
Pacific
82l/2C
7-
6-15
Pennsylvania Glass Sand Corp., com.
20c
—
7-
6-
6
$2
7-
6-15
$2
class A
7-
6-15
Supply Co.,
10c
6-29
6-13
50c
6-
6-2
75c
6-15
6-
1
$2.25
6-15
6-
prefened
5%
—
—
common-
(s-a)
—
Ry.,
common—
(quar.)__
5%
Electric
—
—
preferred (quar.)
9
;V
$1
6-15
$1
7-15
prefened
5%
—
6-30
7-
6-15
$1.25
50c
$1.75
(quar.)_
$1.50
1
6-30
6/-10
7-
6-11
7-
1
1
6-11
6-15
6-
37Vic
7-
1
6-15
7-
1
A
(quar.)——
1
(quar.)
Cement
(accum.)_
25c
6-30
6-
1
50c
Corp.
iquar.)
(quar.)
:
iquar.)
.
"
*
4.6%>"
Pennsylvania Telephone, $2.10 pfd. (quar.)..
6-10
6-10*
6-30
6-
1
6-14
7- 1
6-15
7-1
6-8
7- 1
6- 3
—~——
15c
$1.50
$1.25
7-20
7- 1
7- 1
7- 1
6-6
6-'6
Philadelphia & Reading Coal & Iron (irreg.)
50c
7- 1
6-15
50c
933;c
6-14
7- 1
6- 6
6-15
$1.75
$1.75
7- 1
7- 5
6-10
,6-10
25C
7- 1
6-10
12V2C
6-30
6-15
81
6-20
6- 1
$15c
6-28
5-31
Drug
Circle
Philadelphia
$5
Stores
Co.
(quar.)—
^
(quar.);
Company,
Philco
common
(quar.)—.—1
Corporation, common
33/4%
(cuar.)—_
iquar.)—____—--—*___—*
prefened
(quar.)
preferred A (quar.)
Pittsburgh Fort Wayne & Chicago Ry.—
7%
,6-
1
iquar.)
preferred
Pittsburgh
Prestole
—
iquar;)
Plate
Corp.,
Producers
Co.—
$1.75
53c
50c
20c
Peoples
6-15
—20c
class
.....
prcfeired iquar.)
preferred iquar.)
$6 preferred
37Vic
Co
$1
...
(quar.)
Power &• Light Co.—
Pennsylvania
Common
Co.
5-31
Co.—
quar.)
(quar.)
(quar.)
Indemnity
1
(quar.)—
Co.——
(reduced)
Co., common
7-
$1.75
iquar.)
Co.
Brush
Fibre
$1.50
(quar.)-__
; 6-
5-31
$1.62V/2
(accum.)__
(accum.)-——-
6-15
50c
Power—
(accum.)___
6-15.
$1.10
(quar.)
(quar.).—.—*.—
preferred
,
,
77-
6-15
6-21
Telegraph
Confection
Ohio
„
75c
—
convertible preferred
Northwestern
6-10
6-17
6- 1
6-20
75c
...
C___
Northern
1
7-
$1.06'A
75c
*
B___
class
4V*%
75c
iquar.)
75c
A
class
Common
Corp.—
pfd.
4V4%
1
7- 1
6-15
6-30
$2.50
(s-a)_*
Inc.,
Share Corp., class B common
15c
Nopco Chemical Co. (reduced)*_.__—25c
North American Rayon Corp.—
$75c
(quar.)-—;
Light
Water
Harlem
&
Orpheum
Trecker
$50c
*
—
—
common
1
50c
B
6-10
6-20
6-15
$44c
(quar.).—
Co
Co.,
7-15
(quar.).
pfd.
6-15
6-20
7-1
7- 1
——
$1
7%
6- 2
6-14
6-29
preferred
B
6-24
(quar.)———
Stores
7-> 2
6-30
(quar.)——$1.50
National Malleable & Steel Castings.........
25c
Gypsum
Lead
class
20c
common—
Chemicals
1
6-17
7-
30c
25c
$1
Co._
1
40c
50c
15c
Ltd.——
7%
6%
2
25c
Storage,
<&
(reduced)
Co.
Murray Corp. of America,
4% preferred (quar.)—
,$$1.25
Copper
6-
$40c
$75c
quarterly
Refrigerating
Brass
$1.25
Lid.
6-
6-15
Lid.—
$12'/2C
25c
1
6-11
6-11
02V2C
iquar.)
Locomotive
Montreal
5-27
1
7-15
6-30
Equipment Co.—
G-10
40c
6-30
30c
Co.
preferred (quar.)
...—
National Casualty Co.
(Detroit) iquar.)
is-a)-
6-14
6-15
7t 5
6-10
6- 2
(increased)
Common
National
(quar.)—
A
(quar.)_l
preferred
Corp..'
Manufacturing
6-21
7-
7- 1
Extra
6-
—
Machine
Fortland
...
—*
—
12V2C
pfd.
preferred
Sulphur
Copper
—
common
...
6-30
quar.)
5GV4C
7Vic
15c
45c
...
Reclaiming—
6-30
2
6- 9
6-25
6- 3
5-19
—
40c
Modine
8
6-30
A
Mississippi
6
7-
Rubber
6-16
6-20
7-15
6-10
6- 1
1
Corp.
Bumper
preferred- (quar.)
Miller Manufacturing Co.,
6
1
Corp.
Vi %
4
6
6-15
Forming
1
10c
15c
15c
75c
Co
reduced quar.)
(quar.)
*
Michigan Steel Tube Products (quar.)..
Middlesex
Water Co.
(quar.)..
1
25c
common
iquar.)
preferred
6-20
7-
50c
(reduced)
Special
6-20
6-20
Kennecctt
7- 1
6-15
7-15
—
Distillers, Lid.—
partie. preferred (s-a)
&
Co., new common (initial
Merck
6-15
6-30
75c
60c
$L
(quar.)
(s-a.)
Robbins,
preferred
6%
6-15
1
&
$1.75
50c
80c
—
iquar.)
common
7- 5
Melchers
7
7-
10c
7-30
6- 1
6- 6
6- 6
6-17
6-1.7
6-10
6-10
common
preferred
non-cum.
Common
6-30
&
6-10
50c
—
common
&
Kelsey-Hayes Wheel,
7-
H.)
6-10
Fund—
Kearney
$1.50
Corp.,
6-30
$4
Corp.,
prelerred
conv.
McKesson
6
5-31
8- 1
6-15
6-30
6-30
6-30
7- 1
7- 1
7- 1
6-30
—
(quar.)...
Stores
$3.50
6-10
6-
6-10
6-25
$3
10c
50c
—
Fund,
1
25c
25c
52Vic
—
—
Second
Massawippi Valley RR. (s-a)
Mastic
Asphalt Corp.—
6-30
6-
6-30
11c
7-
40c
(s-a)
(s-a)
A
6-17
$1.05
Inc..
'
(s-a)
Investors
preferred
6-20
6-30
6- 1
6-20
6-20
6-1.8
6-20
6-10
6-10
——
preferred
preferred
$1.50
15c
iquar.)
A
America
5-27
6-22
7- 1
7- 1
25c
Products
Co.,
6-10
1
6-15
20c,
25c
(quar.)—„—
—
prior
Class
,
(quar.)
conv.
6-10
Co.
6-20
7-
(quar.)..—60c
Co.
common
$2.10
6-20
1
Ltd.-—
Mines,
(increased
preferred
6-24
6-24
iquar.)
Sons
6-30
$25c
Corp., Ltd.,
Co.,
6-10
$1.25
&
Massachusetts
New
50c
7-11
6-10
7- 2
62VaC
Mfg.
Inc.,
$1.05
1
New
$1.37V2
50c
6-21
1
9-10
Electric Power,
B
$1
$$7
(Toronto)
Co,
8-
6-10
Southern
preferred
Class
Mfg. Co.—2—;
6% ,preferred
Products
$1.12l/2
6-15
6- 4*
6-10
Marsh
1
(N.
preferred
Common
7%'
6-1
6-30
C-15
6-21
Insurance
Consolidated
A
1
6-15
25c
..._
25c
(annual)*..$1
—
Basket,
6- 3
ci40c
Martin-Parry Corp. (quar.)
Maryland Casualty Co., common
7-
50c
(quar.)*——*—
'—
Company
Life
preferred
4Va%
preferred
Kansas
(quar.)
——
Montreal
Bridge System,
Lake
City
Kansas
6-7
A
Co.—
6-10
7-
,
Mfg.
Kansas
6-30
5-28
6-15
Co.
Lamson
4V'2%
25c
$1.03
(B.)
Perfect
7-18
$4
preferred (accum.)
Eastern
&
7-
Electric
6-10
$1.50
25c
B
Jefferson
Jones
Eastern Gas & Fuel Associates—
4Vi%
River
5-31
6-10
5-20
1
1
Light,
4
9334C
6-30
1
7-
Light
&
Trust
Class
4
25c
.'
:
Co.
1
6-15
25c
!*
(s-a)
(quar.)
7-
25c
(quar.)
Co.__
Public
50c
_
Mfg. Corp.
Sulphur
Daniel
(quar.)
common
6-10
7-
43%o
class
6%
of
preferred
Power
Irving
3
6-30
class
7-1
10-
Selective
6-10
James
Industries,
Co.
preferred A
5-25
6-24
7%
1
$12Vic
Ltd.,
6-
$1.25
Co.
preferred C
6V2 %
Iowa
(quar.)
2
SI.25
Silver
Electric
6%
3
6-
Company
Omnibus
5-31
7
7-
6-10
Ltd
(quar.)—
Salt
Power
Investors
50c
6-15
Semi-annual
4.4%
1
10c
\
6-14
(quar.)___
Department
Interstate
3
1
50c
Extra*
6-10
(quar.)__
Interstate
Iowa
...
1
Manschewitz
6-15
(quar.)—
5-16
25c
(increased)—
(quar.)
I
7-
1
common
preferred (quar.)
International
5-2(3
7-
6-
20c
Paper,
International
$$10
$$2.50
pfd.-
Manufacturers
6-15
35c
7%
6-14
1
.1
class A
International Minerals &
6-30
7-
6-
1
(quar.)—.
Co.
Consolidated
preferred
$25c
$1
6-15
1
(quar.)—
Baking
6-30
$1
&
A
1
25c
Co.,
Co.,
International
.
6-15
Corp. (quar.)..*
Stores Corp. iquar.)
7-
$1.25
(increased
Cloth
Ingersoll-Rand
$25c
_v
H.)
Gas
7-
12V2C
(quar.)—.
Wire
6-
50c
(quar.)
6-10
(quar.$2
Car
6-30
8
6-13
60c
75c
Acceptance
6-30
$4
Mangel
1
1
6-30
6-21
$6c
A
preferred
6-20
3
6-15
7-
.
(qunr.)—
preferred
6-25
*
Corp.
Coast
Industrial
6-23
6-15
$l.l2Vi
Inc.
Mfg. Co.
Texas
1
2
(R.
6-30
30c
(reduced)
(quar.)..,
preferred
7-
...
77-
$15c
6-13
6-13
$12ViC
Madison
Magor
7-
iquar.)—
25c
—
N.
7-
Macy
6-15
7-
—
Ltd.,
preferred A
6-20
3
6-17
6-15
iquar.V
Company,
Water
A
30c
(quar.)——
Corp.
Dresser
East
6-13
Class
6-
6-15
$20c
Export Co.,
30c
(quar.)
Ltd.
Co.,
preferred
Indianapolis
37Vic
—„
of
Co.
Draper
&
3
5-20
1
6-30
2
iquar.)
Motors
preferred
5%
3
6-
Felt
25c
!
Co.
W.), Ltd., class
Co., Inc
40c
(quar.)*—
Products,
Doernbecher
Duval
6-
6-15
plan to redeem
$110 per shaie.
at
Cream
Doehler-Jarvis
Early
6-15
5-27
87V;c
common-..
;
6-30
7-
Paper & Color Corp. (extra)
Indianapolis Power & Light Co., com. (quar.)
4%
7-
Paper Co. of Canada, Ltd.—
Electric
approved
issue
Dictograph
3%%
Howell
1
(quar.)__
Inc.
Ice
9
7-
(quar,I
Inc
(s-ai
Delaware
Dixie
6-
25c
—„
preference
Detroit
6-30
(F.
Hubbaid
Ltd.,
6- 3
6-13
6-30
40c
10c
Statler
flOc
MacMillan
2
Imperial
————__—
above
Hotels
8
Day & Meyer, Murray & Young Corp.—
Dayton & Michigan RR., 8% pfd. <quar.)._*
Debenture & Securities Corp. of Canatia—
Del
Horr.er
9
$2.50
5-31
25c
Co
Co.,
6-20
6-
6-17
*_*■■
Inc.
Ltd., class A
Frere,
Gas
6-30
10c
(accum)—
(quar.)
America,
Davenport Hosiery
5%
6
6-
(quar.)
preferred
Publishing (quar.)„,
Cigar Corp
Mills, common (irreg.
preferred (quar.)
&
6-
5%
River
David
6-30
5-20
(quar.)„_,
6-15
6-
—
1
(reduced)—
Extra
1
Quarterly
Holophane Company
7-
Crowell-Collier
4Vi%
2
2'/2c
Co.
6-15
Mills.
Cement
5-31
6-30
25c
$1.25
Ltd.
87Vac
iquar.)
$30c
iquar. 1
Drugs, Inc. (quar.)
Hollinger Consolidated Gold
1
6-
$1
Fibre
1
$25c
6-30
12V'2c
7-
7-
Hook
1
7-
9
6c
—
Investment
2
(initial)
Dauch
6-30
Co
preferred
Petroleum,
(R.
Dan
6-
7-10
6-
Reynolds Corp.—
Crain
DWG
6-15
&
5-31
-
Angeles
6-
Quarterly
37',2C
——
-
&
5-15
1
9c
(quar.)
Extra
Corroon
Hinde
6-10
6-
9c
Corp.
!
Consolidated
6-30
90c
—
Los
Paper Co.—
common
Honolulu
common
„
Commonwealth
&
90c
(quar;)
6-20
A
35c
Paper Products,
15c
Co.,
preferred
Commercial
$1
25c
1
25c
Powder
7-
$1
Corp.
Insurance
Credit
Commodity
Cosden
J.)
7-
50c
20c
f.25c
(quar.)_.
7-
G2Viic
Co.
(s-a)__
Commercial
Compo
Iron
&
preferred
Hendershot
15c
common
Insurance
Angeles
1
iquar.)--
Co.
W.)
6-15
62'/2c
Los
$1.50
(quar.)
Brewing Co.
6-10
25c
*
5%
5%preferred (s-a)__——
Colonial
(G.j
(George
New
(quar.)
Products,
6
7-
Co
6-30
$1.75
6-
6-10
(quar.)—-
Electric,
Mining
6-25
$1
iquar.)
6-15
Hosiery
Star
6
7-23
5-33
5-31
8-
....
Corp.
(quar.)
Biltmore Hotel Co..
$1
issue
Manufacturing
30c
(interim)
Lone
12V2C
iquar.)
50c
-
London
6-
1
6-13
6-13
6-13
30c
■«.
(quar.)
1
5-31
common
Furniture
7-
1
Co.,
Sons
&
Hawaiian
Hecla
1
Coast Counties Gas & Electric Co.—
Coble
(L.i
6-
prelcned
conv.
3
25c
Co.
5-20
6-17
17Vic
12 Vic
6-
I
is-a)
1
(extra)
—
6-
7-
(quar.)
common
2nd
pieferred
6-15
1
Co.
iquar.)
$62'/2c
Warehouse
Harritburg Steel Corp.
6-15
Insurance
1
6-20
-
5-31
6-
5c
—_
$1
(increased)____
30c
$1
$1
(reduced)
com.
6-14
blV-tc
(quar.)_
Lipc-Rollway, class A
Mapes
Extra
4
1
pld.
conv.
6-15
56^40
J50c
(s-a)_
5-31
Corp., common iquar.37Vic
preferred (quar.—
37Vic
Market
(quar.)—-—
Munning
Corp.,
Harris-Seybold
3
& Co., common
preferred Iquar.) 1.
7%
3
6-15
is-a)
7-
6
6-16
iquar.)—
Winkle
preferred
6-
Feabody
4%
6-
preferred
5%
1
6-14
4%
6-
(s-a)
6-
5-31
40c
(quar.)
Ltd.,
Company, common
6-14
Co.
Co.
6-
F.i
7-
Cincinnati, New Orleans & Texas Pacific Ry.
Cluett,
6-15
10c
Bend
6-21
6-15
5%
Life
prelerred
6-10*
Corp. (quar.)—
Printing Co. (quar.)
12V'2%
(W.
Inc.
Terminal
Hall
10c
6%
partie.
7%
prior preiirred (quar.)Lindsay Light & Chemical Co.—
7
6-10*
Tap & Die
6
45c
South
common
Homes
Lakes
Greenfield
6-
$45c
6-
40c
(quar.)
(quar.)
5-31
(quar.)
6-14
6-10
62V2C
Co.
preference
B
6-24
50c
Y.)
1
6-17
50c
(quar.),
6-30
;
(N.
7-
6-25
1
iquari).
Co., Ltd.
preferred
25c
;
Co.
&
A
5c
Ltd.—
Trust
Suburban
Clearfield
7-
Y.)
6-17
6-17
6-22
Service
$1.25
(quar.)
(N.
common
Paper Co.,
12'/a%
America-*
&
Towel
&
Class
(quar.)
(reduced)—;
Lincoln
1
^
Co.
6-30
6-30
$2
12 Vic
Inc
$1.50
2%
(quar.)
Stores,
tZTVzC
:
6-14
7-
City Steel Co
Drug
1
(quar.J—
7% preference (quar.)———
Chipman Knitting Mills, 5%• pfd.
City
Gray
6-
(quar.)
5Vz%' pfd. (quar.)
Wines,
Bank
Chicago/
Chicago
Granite
6 15
6-15
2
Storage Co.
Electric
Chamberlin
Inc.
ordinary A (interim)
(interim)—*
B
Cold
1
2
$75c
—
Kennedy,
Castleberry's Food,
Central
77-
pfd.
$5
Teffgraph
Brothers,
preferred
7-
Ltd.--
1
Co.,
Refineries,
25c
Co.„__
Elevator & Transit
Stock
&
$2.50
Great
(ouar.)
General
&
1
$$1.25
Cc-rp.,
7-
7-
dividend i_
(stock
Company, common (quar.)_
convertible preferred iquar.)
4'/a%
6-10
Razor,
Insurance
Great Lakes
(s-a)_l
Investment
&
Ltd.,
•v-rOrdinary
$$2
(quar.)-
1
Products—
A
Baxter
C'arreras
Glidden
quar.)
Ale,
Permanent Mortgage Corp.
Steamship Lines, Ltd.—
Canada
5%
Ginger
National
25c
i
—
Signal Co., '00111111011
Coal
Falls
(Name changed to Thorofare Markets, Inc.)
C I T Financial Corp. (quar.)
common-
Lincoln
$1.25
—
(extra I
—
Corp.
50c
Corp
4
50c
15c
iquar.)
(quar.)
Safety
Alden
Glens
preferred
6-10
$3
6-
Leonard
3c
common
Watei works
Products
Electric
Lcla.ud
$1
iquar.>_
5-27
6-25
(s-a)
com.
(quar.)
6-15
343/aC
—
pfd.
1st
iquar.)
Railway
General
Fink
A-
6-15
6-13
25c
(s-a)
Corp.
6-10
15c
37V2C
28V'8C
—
Corp.—
Inc.,
preferred
Gillette
Co.,
Lehii
preferred
Wilkes-Earre
j., 9-10
$1.50
iquar.)
4%
2nd
6-30
$1.75
Utilities
Corp.,
6-10
partie.
&
2
40c
Class B
iquar.)—
iquar.)——
Co.
4% ; convertible
Co.—
Pacific
preferred
conv.
»
&
A.)
(J.)
6-15
25c
(s-a)
(accum.)
H.)
(P.
Vi Ve:
iquar.)
Co. (quar.)
^
& Company, common iquar.)
iGeorge
6-10
Buildings Co.—
7(4 preferred
Butler
4
1st pfd.
(s-a)
preferred
non-cum.
$20c
iquar.)
8%
Class
Conugated Paper
Loom, Inc.—
the
Garfinckel
$1.50
—
— —
preferred
Lawyers Title Insurance Co. (Va.)
Lehigh
6-17
7-
(quar.)
1
8iv4c
15c
$1.50
Corp.
30c
—
5-31
Co.
25c
—
(quar.)
25c
(quar.)
(reduced)--
6
1
(s-a)__.
Cement
6-25
40c
2V2C
75c
Company
Wayne
$3
Inc
Stores,
prefened
25c
....
Brown & Sharpe Mfg.
Bullard
6-15
10-
6- 4
6-10
6-
Leather
C.)
25c
National
15c
(quar.).
Portland
Machinery & Chemical—
3'/4 %
15c
——_
(A.
Lawrence
7%
Inc
111
$40e
Ltd
Co.,
(quar.)
Lawrence
;
6-16
7-
Co. (Ontario)—
25c
30c
—
——
Fund,
Food
50c
Note
6-15
1
1
50c
Investment
&
5-31
6-15
7-
Co
Loan
1
6-15
50c
$$1,50
Steel
6-20
7-
(quar.).
Semi-annual
Y.)—
5-31
35c
—
Bank
(N.
(s-a)-.
Industrial
7-
pfd.
25c
6-15
Fuller
Broadway Market Corp.
(quar.)-
(quar.)
1
Bridgeport Brass Co.—
$1.37y2
6-15
50c
6-30
6-30
$$1.50
6-30
(quar.)
Building
Broadway
Fruit 01
5]/2 % convertible preferred iquar.)
Brillo Manufacturing Co., comnicn.
Lambton
'
Financial
Brazilian
Traction, Light & Power, Ltd.—
preferred (quar.)—
Lnciede
6-13
$1.75
Fund, Inc. (increased quar.)Fiduciary Trust Co. oi N. Y. (quar.)
6-13
25c
31V/4c
37'/2C
(reduced)--—_
6-13
I
iquar.)
common
First
prior preferred iquar.)—
Brook
Co.
Corporation
Extra
6-15
$2
—;
1
7-
•Fidelity
6-30
$1.37'/2
iquar.)
Albany RR
Botany Mills, Inc., common
5%
preferred
(quar.)—
7-
—
Company
6-15
Inc,—
Company,
preferred
Exolon
6-15
.
Kings County Lighting, 4%
<quar.)___
Co
Manufacturing
Ex-Cell-O
6
6-
50c
(quar.)———____
&
Bound
1
2V2C
&
6%
7-
preferred
Railroad
6-13
25c
(quar.)
6-30
12V2C
65c
25c
Fabricon
Products, Inc
30c
Falstal'f Brewing Corp., 4Va% pfd. (quar.)_.$0.185625
Famous
Players Canadian Corp., Ltd
f25c
Fairmount Railways Motors———$5
Federated Publications (quar.)—
75c
6-15
$5
Extra
Black
7%
Erie
5-31
50c
$30c
preferred
25c
621/2c
683'4C
—
preference
iquar.)
Emerson Electric Mfg. Co.,
6-15
7-
(quar,)
common
5'/a%
1
6-
Cc.,
5%
1
6-15
—
Corp., common.
—
preferred (quar.)—„—
(quar.)
1
6-15
Elliott
Ero
—
Co.
6-16
$1
—
(quar.)—_***-—
Birdsboro Steel Foundry &
Bishop
7-
50c
—-—-
„...
convertible
5-18
.12V2C
7-
20c
*,
iquar.)
Bincham-Herbrand
5*28
——
Telephone. Co. of Canada (quar.)
Benjamin Franklin Hotel Co.—
Foods, Inc.
6-
——
—
Bell
Best
6-10
6-17
50c
(reduced)
Railroad
6-25
25c
J.)
(N.
.
Refractories, Inc
Bausch & Lomb Optical Co.
4% preferred (quar.)*
Beech
Co.
Insurance
Basic
Bayuk
6-10
37V2c
(quar.)—
•Sons iquar.)—-—
&
Bankers National Life
Barber
1
—$1
Co
Glass
5%
Refining,
Co.
preferred
Inc.—
Proprietary Mines, Ltd
:a
1 accum. I
—
48
THE
(2356)
Per
Name
Share
of Company
Service Electric
Service
5'A%
of
Co.
preferred
Rice
Oil
Ranch
$1
2'Ac
com.—
Ruud
Co
Co.
preferred A
.
Lace
Utica
Common
8-
1
7-20
$1.50
5-31
5-27
6-29
6-15
6-
6-
1
7-15
6%
Vulcan
$2.60
5-15
7%
7-
5
Wagner
5
Waldorf
Corp..
System,
Inc.
6-13
6-
6-15
5-31
Ware
7-
6-10
Washington
1
6-11
6-
1
Walker
&
Waukesha
5-20
Western
5-31
Western
Motor
7-
1
6-14
Weyerhaueer Timber Co
1
8-12
Wheeling
9-
1
8-12
Extra
6-15
5-31
Wheeling
& Lake Erie
1
6-18
White
$1.12 «/2
7-
1
G-18
Wickes
Wieboldt Stores,
45c
;
7-10
6-23
G5e
7-10;
6,23
25c
6-27
class
6-
3
Wilkes-Bane
6-
3
Wisconsin
1
6-15
7-
1
6-15
Woods
6-
6
5-27
Common
preferred
New
New
75c
Gas
Zeigler
Coal
6-17
Zonite
7-
1
1
7-15
6-30
6-15
6-
6-15
3
5-31-
1
6-27
7-
$1.50
(accum.)
$1.75
7-25
6-30
10c
6-20
6-10
25c
6-15
6-
Milling
&
Co
Finance
class
A
class
Common
B
preferred
6-
1
6-30
6-17
7-9
6-17
5-31
5-25
7-
6-21
1
25C
7-
10c
(quar.)
class A
3-10
1
6-21
6-
1
Portland
Akron
7-
6-10
Tennessee
1
6-17
6-20
7-
6-10
6-10
5-31
7-
1
6-20
$1
7-
1
6-20
7-
2
2
6-10
Allied
2
6-10
Allied
7-
1
6-15
7-
1
6-15
7-
prefeired
(quar.)
Pacific
Ry.,
6-15
6-30
6-15
preferred iquar.)
Alpha Portland Cement (quar.)
Altes Brewing Co. (quar.)
7-
6-10
Aluminum Co.
Mills,
1
7-
1
6-10
7-
1
6-10
6-30
6-16
6-30
6-16
4%
preferred
5-31
5-16
4%
convertible
non-convertiblc
prefen ed
Royalty
prior
(quar.)
Amerex
5-24
American Aggregates,
7-
1
6-17
American
Airlines,
6-17
American
Arch
6-17
Amer.
(quar.)
—
7-
1
$1.12 'A
6-30
$1.06'A
A
6-10
6-
1
20c
7-
1
6-15
4%
7-
1
6-15
5c
6-20
5-31
87 V2C
(Hartfbrd.)
(quar.)
7-11
7-
$4
6-10
5-27
1
*
Treesweet
Products Co.,
Tobacco
Tucson Gas,
Twin City
$1.25
pfd.
iquar.)
—
Board
Co.
Chicle
Co.
of
Union
Stock
30C
(s-a)
Canada, Ltd
Co.
6-
3
8-
7-
7
$1.25
(quar.)
Yards
7-
10c
Co._.
RR.
6-28
50C
$12'Ac
(Minn.)
Corp
of
Omaha,
85c
Ltd
7-
American
6-17
7-
6-
6-30
6-20
6
20C
preicrred
$75c
6-15
5-31
7-
6-10
(quar.)—.
Light & Railways Co.
prior preferred
(Del.)
—
50c
77-
1
53Vbc
7-
1
6%
at
7%
at
$105
and
the
the
above
$101,
the
Forging &
Fork
$2.50
conv.
conv.
4%%
&
preferred
Fruit
Gas
plus
$2.50
Manufacturers
(quar.)_
Growers,
(increased
preferred
preferred
6-
Inc
(quar.)
50c
7-15
6
6
6-15
American
$1.75
.
7-
6
6-15
American
Freight
Co.
(quar.)
United Steel & Wire
—_
25c
6-15
6-
25c
6-15
6- 4
7
Home
Products
4 V2 %
5%
6-15
10-
Aro Equipment,
Artloom
preference A (quar.)
preference (quar.)
conv.
preference
Carpet Co.,
Ashdown
Class
4'/a%
(quar.)
1
1
JM5
6-15
5-18
6-
1
5'-
9
6-15
6-
1
6-15
6-
1
56'Ac
G-
1
5U20
25c
(J. H.)
A
Ashland
preferred
Inc.
(quar.)——
6-
1
5-23
7-
1
(quar.)
Hardware, Ltd.—
(quar.)
Oil
convertible
Co.,
5-10
30c
—
5<-31
6-15
5-31
25c
(quar.)
6-15
30c
tquar.)_
ccm.
preferred
Corp.
Associated
tl5c
__
Refining
6-15
6-
1
40c
G-
1
5-.13
1st
(quar.)
$1.50
6-
1
5'-13
7%
2nd preferred (quar.)
$1.75
6-
Dry Goods,
preferred
Ordinary
(quar.)_
1
5-13
10%
6-15
5-17
30c
6-10
6-
62'Ac
6-30
6-17
6-
1
&-11
6-
6
1
Electrical
Associated
(quar.)
common
Industries, Ltd.—
registered
(final)
City Electric
Coast
Lines
Coast
Line
Gas
7-15
6-22
$2
6-13
5-18
$1
6-13
Indies Steamship
6-
1
5-20
6-
1
5-20
>
Lines
$2.50
5-28
Atlas
Corporation
5-28
Atlas
Imperial Diesel Engine Co.—
A
preferred (quar.)—
1
6-10
7-
1
6-10
Atlas
6-
6-
1
5-19
7-
1
6-15
7-20
6-20
6-
5-12
Powder
Atlas
6-
6-15
$1
1
6-30
5
6-
6-10
6-
6-
1
1
7'
5-20*
5-14
1
5-12
6-10
5-20
7-
1
6-10
6-
4
5-
9
6-
1
5-
4
9-
1
8-
3
7-
6-15
1
6-10
5-17
7-
1
6-15
87'AC
6-
1
5-16
Class
A
6-
1
5-20
6-
1
5-15
6-
1
5-20
6-
1
5-20
5-31
5-16
5-31
5-14
6-15
6-
3
6-15
6-
3
6-10
5-25
6-10
Automotive
Allied
Avondale
6-
6-30
6-15
6-15
6-
1
7-
6-
3
7-
1
1
>6-
3
1
6-15
5-31
5-24
G-14
6-
6-
1
6-
50c
America
of
Works,
Inc.
Inc.
Babbitt
Badger
T.), Inc.
Paper Mills
preferred
preferred
1
5-20
6-15
5-31
6-
1
5-10
75c
6-
1
5-10
7-
8
6-24
50c
6-15
5-11
7-
1
6-
50c
C-
1
5-10
75c
6-
1
5-10
6-
1
5-10
G-14
3
1
75c
6-10
5-31*
10c
6-
1
5-13*
1
5-18
1
5114
25c
7-
8
6-24
12'Ac
6-
1
5-20
$1.12'/a
6-
1
5-20
7-
1
6-10
6-25
6-11
$1.50
5-31
5-16
7-
1
6-14
8%c
10-
1
30c
I
Corp.—,
8%c
(quar.)
1
5-14
15c
6-
1
5'-14
40c
7-20
7'r
$1.75
7-
1
G-10
$1
Co.,
common
7-
1
(MO
7-
(quar.)
(quar.)
53c
Barlow
&
Class
A
H.)
Batavia
Oil
5.-25
5-31
6-15
5r31
5rl6
15c
(s-a)
6-
1
6-
4
5-16
20c
Co
1
30c
common-
;
.
6-
75c
Co.,
Power & Paper
A
6.-10
6-10
6-15
(quar.)
(quar.)
Body Co.
Bathurst
1
25c
t25c
Company
Seeiig Mfg.
(quar.)
Barnsdall
6-
1
5-14
137'AC
Mills,
Beaver
1
6-
1
t25c
7-
2
(initial)
com.
Ties,
Inc.
12'/2c
iquar.)
Lumber
Belding Corticelli, Ltd., common
7%
preferred (quar.)
Belknap Hardware & Mfg. (irreg.)
&
Gossett
Bell
&
Howell
4'/4%
Co.
Co.,
common
(quar.)
preferred
Limestone &
6-10
35c
7-
2
6-10
$1.18%
6-
1
5-16
40c
,
6-27
5-30
6-
1
5-17
t$1.50
7-
2
5-31
$$1.75
,
7-
2
5-31
s
30c
-
55c
6-
1
5-17
6-
1
5-16
12'Ac
6-
1
6-
5-14
1
5-14
7-30
7-15
50c
8-
1
7-12
35C
6-
1
5rl8
7-
1
$1.06'A
$3
Corp.,
6.-20
50c
(quar.)
Manufacturing Co.
Extra
Bigelow-Sanford Carpet,
preferred
6-
1
5-16
31'Ac
7-
1
6-15
28'Ac
28 '/sc
7-
1
6-15
Birmingham Water Works, 6%
31'Ac
7-
1
6-15
Black-Clawson
5%
preferred
Co.
(quar.)
5-
9
7-
1
6-
3
7-
1
6-20
(quar.)
7-
(quar.)
pfd. iquar.)_
1
6-20
60c
6-
1
5rl3
$1.50
common
(quar.)
37'Ac
Son,
6-20
1
50C
(quar.)
1
6-
$1.7,5
common
7-
60c
50c
Steel
preferred
&
5rl6
2
Co.—
(irreg.)
preferred (quar.)
3ethelehem
Bird
•5-27
1
7-
50c
Cement
Common
6%
6-13
6-
25c
15c
(quar.)
(quar.)
Corp., $6 preferred (s-a)
Benson 81 Hedges, $2 conv. pref. (quar.)
Berkshire Fine Spinning Associates iquar.)_
Bibb
4
6-15
25c
Inc
Co., class A (quar.)
$1.40
preferred
(quar.)
Beck (A. S.) Shoe Corp., 4%% pfd. (quar.)_
Beech-Nut Packing Co.
(quar.)
Belden Manufacturing Co. (quar.)
Bell
5r
5r 4
'
Brummel
Beaunit
new
6-
U2'A<5
Ltd.,
5rl6
Co., Ltd.—
(quar.)
Beatty Bros.,
7%
1
m«Ac
(W.
Extra
4%
12-13
6-
(quar.)
Barber-Ellis, Ltd.
Beau
9: 3
1-2-50-
5c
(quar.)
common
preferred (quar.)
4 >A %
preferred (quar.)
Bessemer
6-
5-20
6-
4%.
Class
1
8%C
Show,
Hydro-Electric
Barber
6-
G-
(quar.)
7%
preferred
5-16
8c
■
(quar.)
preferred
5-21
1
20c
(quar.)—
Steel
preferred
7%
Bangor
5-21
6-15
6-
40c
iquar.i
(quar.)
7%
Radio
6-15
25c
(quar.)
Inc.
Porcelain
1
$1
(B.
Baltimore
5-16
5-10
tlOc
(quar.)_
(monthly)
Building,
5-26
5-31
6-
tl2'Ac
Co.
Products,
Mills
6-10
50c
1
37'Ac
5-27
6-16
t5c
Ayshire. Collieries Corp. (quar.)
B. V. D. Corporation, common iquar.)
4V2 % prior preferred (quar.)
7%
G-20
6-30
Co
Gear
5-25
6-15
40c
Corp.
Canteen
1
56'AC
(quar.)
Automatic
6%
5-20
iquar.)
(quar.)
Mines, Ltd. (quar.)
Auto Electric Service Co., Ltd., common
Avon
5-25
6-15
(quar.)
Gold
Aur.or
Balfour
t25c
75c
Tack
G-10
.
Co.
Series
6-30
6-
50c
6-29
Corp
6-15
10c
6-29
7-
5-18
30c
$1.12'A
common
(s-a)
Refining
5-25
30c
common
Co.,
West
1
(Conn.)—
(quar. 1
preferred
Oil
$1.50
(quar.)
iquar.)
Co.
RR.,
Light
preferred
Atlantic Gulf &
(quar.)
25c
Atlantic
Atlantic
4'A %
(quar.)
Co.
& Santa Fe Ry.
$4
Illinois—
i
<
.
Atlantic
75c
(monthly)
Investment Co. of
Common (quar.)
$1.25
1
Atlantic
62'Ac
(quar.)
(quar.)
6-15
7-
4-29
7-
20c
...
9-15
$1.18%
$1.18%
6-27
7-
6-23
4-29
Beneficial
—
6%
6-30
1
5-21
Co.—
(quar.)
Leather,
0-10
$1
convertible
1
25c
—
pfd.
&
6-20
6-30
Edison
1
30c
Co
Hide
4-22
1
f $1.12'A
preferred (quar.)
Co.,
$1.25
$5 preferred (quar.)
$1.25
$5 preferred (quar.)—
62'Ac
Armco Steel Corp
40c
Armstrong Cork Co., common—
4% preferred (quar.)
$1
93 %c
3.75% preferred (quatv)————
4'/2%
Arizona
6-
7
20c
(Baltimore)
,
preferred
6-15
1
7-
6-
$3 partic, pfd.
'lO-
62'Ac
quar.)
6-
lQc
87'Ac
12'Ac
(quar.)
Amerian
25c
20c
Fidelity & Guarantee Co.
Foil Co., class A
B
4-29
6-20
dividends.
Merchants &
Class
1
6-30
6-
50c
(quar.)
American-Hawaiian Steamship
United
—
Co., common
& Electric
25c
$1.75
—
1
1
5-10
Atlanta
12'Ac
(quar.)
6-
5-16
6-25
(N. J.)—
Socket Co.
Hoe
preferred
8
1
5-28
30c
(quar.)
Tiling (quar.)
Lines, Inc.-
American
7-
6-
6-30
$1.25
Export
m
6-15
6-15
$1.75
Encausic
American
5-10
tl5c
25c
50c
American General Corp., $2 preferred
$3 preferred (quar.)
6.36%
share
per
Co.
6-
1
iquar.);—
Atlantic
$1.25
Quarterly
Common
preferred issues shown above
called for redemption on
The
American District Telegraph
American
being
July" 1.
preferred
American
1
53c
preferred
prior preferred
6-15
40c
(quar.)
$3
prior
three
4
5-23
6-30
87'Ac
3'/•>%
American
Investments, Ltd.—
5-23
6-15
$1.50
Colortype (quar.)
Cyanamid Co., common
1-21
6-15
6-
20c
Athty Products Corp
6-13
25c
25C
common
American
American
Union Wire Rope quar.)
class A
6%
7-22
10-22
1
]L-31-50
$3
Investment
$1.25
Extra
5-18
£-21
8- 1
11-
115c
(s-a)
Spring Corp.
5c
preferred (quar.)
Co.
(quar.)
Cigarette & Cigar Co.,
preferred (quar.)_
1
—
Atchison Topeka
5c
common
American
6-
—
Associates
25c
Americal
6-30
pfd.
6-14
Mills
Associated
3
—
(reduced)
Co.,
1
30c
(quar.)
5-14
40C
Cable
&
convertible
6-3
Pacific
S.
5
(quor.)_
Louis)
7-
(irreg.)—.
Ltd.
Corp.,
5-20
Corp.—
Chain
7-15
Union
U.
7-
American
6-15
7%
6-
$1.25
(St.
6-14
$1.50
(quar.)
Baltimore
(irreg.)
Co.
1
$1.50
1
70c
preferred
1"
7-
$1.50
(quar.)
1
$1.25
preferred (initial quar.)
Box
30c
Investment
are
7-15
iquar.)
(quar.)
quarterly
Bosch
New 5%
$$1.75
Fire Insurance
Fuel
31'Ac
preferred
(s-a)
$3.50
Co.
—
pfd.
7-
*
$2.25
-———-
6-
93 %c
5%
1*
7-15
75C
6%
6-
Beverage Corp.—
American
(quar.)
Ltd.,
Co.,
6-15
50c
prior preferred (quar.)-conv. preferred
(accum.)
Electric, Light & Power (quar.)
Union Carbide & Carbon
Gas
American
5%
Corp.
Automobile Ins.
American
(s-a)
Co.
2
$1.75
preferred
6-10
7-
15c
Corp. (s-a)
Corp.—
Holding
Increased
6-30
H5c
(quar.)
Insurance
5-16
5-16
1*
6-
—
preferred (s-a)
preferred (quar.)
conv
|50c
125c
5-31
■jfa'F
6-10
5-20
Canada, Ltd.—
6-1
31'Ac
—
2
12'Ac
(quar.)
5-31
31'Ac
(quar.)
preferred B
2
7-
6-15
37'/2c
common
(quar.)
Amalgamated Leather, 6%
25c
—
1 quar.)
Securities
Travelers
7%
of
10c
(increased)
com.
6-10
7-
i50c
$1.12'A
;•
preferred
Tobin Packing Co.
S.
Co.
6-
6-15
Argo O.il Corp. (quar.)_i——
Argus Corp., Ltd., common
6-
81'Ac
•
preferred
Aluminum
6-15
6-23
1
40c
iquar.)
(quar.)
preferred
Aluminium,
Ltd.
$3.75
$1
Thrifty Drug Stores, 4'A% pfd.
4>A% preferred B (quar.)
Tip Top Tailors, Ltd
U.
of America,
40c
common
Markets, Inc.,
5%
U. S.
Mfg., common
3'A%
10c
5%
The
Allis-Chalmers
$1.25
common
preferred iquar.i
Flour
Extra
Thorofare
—
5-20
5-10
1
$1
$1
6- 1
75c
(quar.)
1
$1.06'A
—
4'A % preferred (quar.)
Thompson Electric Welder
7%
Corp., common
preferred (quar.)
6-10
$1.02'A
(quar.)
6 %
4%
6-
75c
—
75c
25c
(quar.)
Allied Stores
6-15
Arden Farms Co.,
25c
Inc.
6-10
5-20
7-
50c
Co
Laboratories,
6-
1
7-15
6-30
Aspinook
$1.06'A
iquar.)
35c
preferred
6.36%
Gas
1
6-13
7-
$2.25
G-
1
$1.12'A
7-
3
6*
quar.)
(s-a)
(s-a)
preferred
6-
37'AC
4'A%
preferred (quar.;
Alleghany-Ludlum Steel Corp.
6-
C'-
$1.75
$4
iquar.)
ordinary—
$3.50 prior pfd.
RR..
1
2
50c
(quar.)
$2.50
Southern
7-
7-
50c
6%
5%
(s-a)
Corp.,
6
5-25
Archer-Daniels-Midland
1
Co.—
participating preferredAlden's, Inc., common (quar.)
7-
$1.75
(quar.)
(quar.)
4.25%
United
Gas
Great
RR.
25c
preferred
Co.
4.10%
non-cum.
preferred
Common
1
% -5-
$1.25
common
Corp
Arts
Cotton
Arcade
7-
25c
■
Youngstown
G%
25c
(quar.)
Tex-O-Kan
&
Alabama
$50c
Corp.
Cimmon
6%
5%
class A—_
Canton
6-10
Tennessee Gas Transmission Co.—
United
Products,
Applied
6
1
$1.75
(quhr.i
preferred
prior preferred
$1.20
$15c
Agnew Surpass Shoe Stores, Ltd
Air
7-
5-31
6-15
35c
Anheuser-Busch, Inc.
Apex Electrical Mfg. Co.—■
■v/7%
$1.25
(quar.)
30c
7%
Tennessee Brewing
Union
preferred
1
25c
Tuokett
D.)
1
$5c
Telluride Power,
Union
5%
5-13
75c
(quar.)
National
1
$1
Mfg. Co. (quar.)
Aetna-Standard Engineering Co, common-—
(J.
5-20
60c
Anglo-Canadian Telephone, class A (quar.)_
Anglo-Newfoundland Development Co., Ltd.-
6-
100 %
(quar.)
1
35c
(quar.)
(s-a)—
dividend
6-
$25c
Extra
$1.75
Co.
$1 preferred
1
5-31
$0.61826
(quar.)
com.
(reduced
Products
preferred
preferred
Andian
3
6-
com
Telegraph Co. (quar.)
$2.50
(quar.)
common
(s-a)—
6-
25c
Cement
preference (quar.)
Taylor Instrument Cos.
Towne
Steel
Stock
Adams
Alabama
Extra
Toklan
preferred
Acme Glove Works Ltd.,
6-
15c
(reduced)
4%
&
Electric Corp.,
5%
preferred
Post
1
5c
preferred (quar.)
Acme
$4.50
Anchor
7-
J25c
6-10
62'/2c
Machine Tool
Syivania Electric Products, Inc., common—
$4 preferred
(quar.)—
Tambiyn (G.), Ltd., common (quar.)
7 %
5%
6r
(quar.)
Company,
Ampco Metal, 6%
1
+25c
1
G-24
I2V2C
6%
(quar.)
6-10
1
Holder$
When
Payable of Rec.
t$1.25
partic. pref.
6-10
50c
preferred (quar.)
5-27
6- 1
+$1.15
A
10c
(quar.)
1
-
162 '/2c
(quar.)_
Refineries, Ltd.—
45C
Sundstrand
5%
prior preferred
.45c
'
Stromberg-Carlson Co., 4% pfd.
Suburban Propane Gas Corp.—
Texas
$2-50
(quar.)
Acadia-Atlantic Sugar
Acme
25c
B
Superior
6-15
$1.50
Extra
5%
1
25C
Extra
Class
6-
25c
Stokely Foods, Inc. (Del.) —
$1.50
preferred
(accum.)
Stokely-Van Camp, common
5%
C-15
37'/2c
6%
preferred (quar.)
Sterling Aluminum Products Co
Stewart-Warner Corp.
(quar.)
Stonecutter Mills,
(..■
preferred
1
25c
iquar.)
6-
6-10
'
6%
6-15
6-20
—
prior
preferred
Amoskeag
6%
6-15
6-15
5-31
6- 9
6- 9
6-20
6-10
6-21
6- 1
1
$1.25
(s-a)
Co..
convertible
7%
-.
6-10
6- 4
1
G-
preferred—
Tobacco
Co.
Woolen
6-24
6-30
6-30
6-30
6-28
6-28
6-30
7- 1
G-30
6-15
6-
6-15
(quar.)
(quar.)
Sumatra
Tobacco Co.
$4
6-15
6-30
1
6-15
$1
(quar.)
American
6-3
6-3
6- 1
6-20
6-20
6-20
5-16
5
G-
Refining Co.—
American
1
6-10
7- 1
7- 1
7- 1
6- 1
1
7.-
6-15
$1.75
Corp.
$3
American Telephone &
137'Ac
Co., Ltd., common—
Paper
$1.50
Class
Corp.—
(quar.)
&
Power
American
7-1
7- 1
Per
6-30
(accum.)
Loan
7-
Share
Company
Co.
Stores
American Surety
$1
$1.25
6-10
6-15
Co.,
preferred
7%
6- 1
6-16
6- 3
5-25
6-1
6-20
6-15
6-1
6-15
6.-
7-15
,
—
Razor
American Sugar
6-10
6-15
7-1
7- 1
7- 1
6-8
7- 1
6-15
(quar.)
Safety
American
7-16
12'Ac
$50c
50c
$1.25
60c
common
preferred
Participating
Smelting & Refining Co.,
American Steel
Foundries (quar.)
6-15
$3
25c
class a
American
we
Name of
Abitibi
Electric—
$6 prior preferred
Common
,
25c
$1.50
25c
40c
75c
75c
75c
:v;,%
8-22
5-19
25c
Chemical,
&
American Service
7- 8
10-10
6- 3
6-20
6-15
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the
preceding table.
6-27
6-30
$7 prior preferred
State
9- 9
7-20
10-20
6-20
7- 1
7- 1
15c
10c
Coke
&
6-15
6-30
18 %c
(quar.)
9-20
35c
35c
75c
25c
62'Ac
5-21
1
6-15
37'Ac
$6 pfd. (s-a)(bi-monthly)
Finance,
Company
preferred series A (quar.)+
American President Lines, 5% pfd. (quar.)_
American
Radiator
&
Standard
Sanitary
7%
6-17
5c
—
(quar.)
9-
$1
a
37'Ac
National
American
6-17
7-
Below
(quar.)
(quar.)
Company
Co.—
Insurance
Co.
Spring & Wire
A.)
6-20
50c
(reduced)
Mfg.
Extra
1
7-25
Standard
(L.
Young
Tile
7-
47y2c
&
Fibre
7-1
20c
Corp.
prefeired
Standard
6-30
40c
Marine
&
Factors
& Boilev Works
Yale & Towne Mfg. Co
6-30
Co.—
(reduced)
common
Metal
Wyatt
6-15
6-10
25c
10c
25c
—•
(quar.)
68%c
(initial)
Springfield Fire
Quarterly
7-30
7-30
$1
(quar.)
Telephone
Royalty Co
Electric Co
Standard
3
preferred
62'/2C
England
Southland
Sprague
6-
5%
15c
(quar.)
common
6-22
$50c
convertible preferred
Southern
1
$50c
(quar.)
preferred (quar.)
Solvay American Corp., 4% preferred (quar.)
South Carolina Electric & Gas, ccm. iquar.)
5'A%
1
6-
Co., Ltd
Woodward A Lothrop,
(quar.)
Mfg.
Yankee
4%
5%
6-
6-10
10c
(quar.)
Ltd.—
Mills,
Paper
6-10
7- 1
6-20
1
$4
...
8c
(quar.)
Co
7-
Company
(Frank G.)
(Howard)
Mfg.
$1.25
25c
Shattuck
Lace
Investment
$1.12'/2
25c
$1.50
40c
6- 1
-50c
6-15
6-15
12 '/2C
6-10
6-20
1
6-
$1.12'A
Inc
5-31
..
5-21
6-
Class B
30c
(quar.)
Electric, 6% preferred A
Woodley Petroleum Co
Rubber Co.—
A preferred
(quar.)_
5-24
15c
30c
$1.06'A
75c
30c
(quar.)
common
Wico
prior preferred (quar.)
Selby Shoe Co
Seven-Up Bottling Co (Los Angeles)
Smith
-
preferred (quar.)_
preferred
(quar.)
6%
6- 2
6-1.5
7- 2
7- 2
25c
common
Corporation
25c
4'A%
•—
(reduced)
Co.
Motor
$4.25
6-10
(qaar.i
preferred (quar.)
7-
(quar.)_
i
Ry.
Steel Corp.,
prior
50c
5%
iquar.)
Light & Telephone (s-a)
15c
(quar.)—
(quar.)—
iquar.)
Stores
9-
Seeger Refrigerator Co.__
Seeman Brothers, Inc.
(quar.)
Seiberling
Co.
Department
50c
(quar.)
Potash
68%c
pfd.
Washington Water Power, $6
$5
American
6-10
25c
common
(quar.)
Co..
Meter
American
$3.50
Co
$1.07'/2
preferred
iquar.)
(s-a)__
Oil
91'Ac
common
News
5-31
-
preferred
preferred
4 V2 %
American
<...
50c
River RR.
6-10
1
C-
A
Mills
Wamsulta
1
7-
.
(quar.)
-class
Company,
6-15
50c
-
(quar.)
Electric
7-
1
American
6-15
4'A%
Hojders
Payable <of Rec.
20c
.
S1.12M2
Ltd.,
(quar.)
Co.,
7- 1
10- 1
7- 1
10- 1
6- 1
6-15
40c
(quar. 1
prefeired
6-10
60c
preferred
conv.
Detinning Co.,
preferred
Metal
56'Ac
56'Ac
75c
75c
25c
10c
Corp.,
(accum.)
common (increased).
preferred
Common
7-15
$10c
(quar.)
A
(quar.)
(quar.)
participating
6-25
29.68%c
Seaboard Finance Co., common
Mills
Cotton
Ltd., common (quar.)
preferred (quar.)
Virginia-Carolina Chemical Corp.—
5-20
7
$1
(quar.)_—
common
(quar.)
-
5%
25c
Co
series
$4.50
1
Inc.
American
Co
Machine & Foundry
40c
50c
$25e
$$.125.-
(quar.)
Veeder-Root,
Vandervoort-Barney, Inc.—
Scruggs
Refining
Share
of Company
5c
(quar.)
Mohawk
Name
6-28
9-28
6-28
9-28
5-13
5-31
When
Per
Holders
When
Payable oj Rec.
'
1
&
Monday, May 30, 1949
CHRONICLE
American
Viau,
25c
—
Share
iquar.i——
37'/2c
(quar.)_
preferred (quar.)
preferred (quar.)
4.30%
1
Per
,
A
$1.75
(quar.)
Bridge Co., Ltd
Scovill Manufacturing
Cc.,
Scranton
6-
7-,20
50c
Sarnia
3.65%
6-15
6-23
12'/2c
(quar.)
Co.
Works,
Water
1
6-15
,
,
A
50c
Manufacturing
Jose
.
Company
Oil
7%
Company
4%%
7-
7-30
10c
(quar.)
Safety Car Heating & Lighting Co.
St. Charles Hotel Co. (Louisiana)
San
Utah
7-14
lc
Manufacturing
Russell
6-15
1
52'Ac
.
Inc., common
preferred (quar.)__
7%
7-
.
of Company
preferred
preferred
6%
50c
Co
Royal Typewriter Co.,
Ruberoid
1
50c
(quar.)
Crown Bottling (Ky.)—preferred (quar.)
5%
6-
.
.
Extra
Protective
Electric
.
FINANCIAL
&
Upper Michigan Power & Light Co.—
4'A% series B preferred (quar.)
4'A% scries B preferred (quar.)—
Oklahoma—
of
Rieke Metal Products Corp.
Royal
.
Name
Upson
$1.31'A
preferred
Island
6-30
Mexico—
New
preferred (quar.)
Hand's (Pittsburgh)
Reading Company, 4% 2nd prefeired
Reliance Electric & Engineering Co.,
$2.10
6-20
1
6
6%
4%
Rhode
7-
$1.75
(quar.)
Public Service Co.
6-
Gas—
&
preferred (quar.)—
Public
6-27
50c
Quarterly
7%
Holders
Payable of Rec.
30c
Providence Washington Insurance Co. (quar.)
Publib National Bank & Trusc Co. IN. Y.)—
Public
When
COMMERCIAL
6-
1
5-13
$1.25
6-
1
5-23
$1.50
6-15
6-
6-
5-14
25c
1
1
Volume
'
Number 4807
169
When
Per
Share
Name of Company
Black Hills Power & Light, com.
$4.20
preferred
5.40%
30c
(quar.)_
preferred
(quar.)—^
Valley Gas & Electric—
preferred I s-a)—
5-20
5-20
1
4%
6-
1
Carrier
Blackstonc
6%
Bon'Ami, class'A
Class
Ground
Boston
Real
Boston
6%
Semiannual
Trust
Trust
$3
—
$3.60
6-
7
$15c
.
Ltd.
(s-a)
6-
8-
1
6-30
3 7 Vac
5-20
1
5-10
Charis
25c
6-
1
5-
Charleston
6-10
5-20
Chatham
$1.50
6-
5-16
Class
25c
——
1
6-
25c
—*•*___■
6-
$1.10
6-
1
5-18
30c
(quar.)
6-
1
5-13
1
1%
9
7-15
Common
5-16
3V2%
6-15
5-16
$7 Vac
4'/'a %
$7VaC
preferred
(quar.)
—_
Brunswick-Balke-Collender
Co.,
preferred (quar.)——
Brunswig Drug Co. (Los Angeles)
Extra
Oil
Co.
Bolt
Fund,
Bullock's,
Ijuiolo
Bunker
Hill
trating
Burkart
&
Manufacturing
2nd
conv.
preferred
Burns
&
Class
Co.,
A
6-
Power
6-30
6-18
6-20
6-15
Consumers
5-10
Container
5-17
6-
7
6-
1
•
class
5-31
4-29
25c
6-14
6-
75c
6-20
6-10
20c
(quar.).
1
Chicago,
Rock
Common
Continental
Gin
6-
Continental
Oil
6-1
5-13
Continental
Steel
7-
6-13
Cook
&
50c
.
1
5-17
5%
5-27
Chicago Yellow
5-16
Chickasha
1
5-23
20c
1
5-17
6-
1
5-20
21/ac
2VaC
6-
1
5-20
6-
1
5-20
$1
—
6-
$1.50
(quar.)..
6-
1
5-20
75c.
(quar.)
50c
Cab
Cotton
4
6-
4
6-
5-15
Crane
6-
6
5-27
Creole
6-30
6-15
Crompton
25c
6-15
5-28
6-30
6-15
$1.25
6-30
6-15
$1
6-
5-20
Crown
7-15
6-
8
Crown
10-14
9-
8
$4
$47
6-15
5-23
6-
3
5-10
6-
1
5-
6
6-
1
5-
6
6-
1
5-
6
6-
1
5-
7%
6
Securities,
preferred
Chrysler
Gas
Cincinnati
6-14
5-20
Crucible
7-
6-15
Crurn
5%
$1
Inter-Terminal
RR.
1
$2
Co,
1
7-20
35c
common
8-
6-
1
5-10
6-1
5-10
A
$30c
10-28
10-
7
Class
B
(quar.)—-————
$30c
7-28
7-
7
5%
preferred (quar.)
$1.25
6-
1
Class
B
(quar.)—
$30c
10-28
10-
7
5%
preferred (quar.)
$1.25
9-
1
50c
$30c
7-28
7-
8
—a
Dock
Burton-Dixie
Butler
Cities
(quar.)
4Va% preferred
Butterfly Hosiery Co. Ltd.,
Common
< quar.)_i_—
$llc
California
Ink
California
Camden
Co.
Co.,
6V'4%
Canada
Crushed
Canada
&
Canada
Flooring,
Canada
Foundries
4
9-15
8-15
7-30
6-30
25c
6-14
5-20
Controller
5%
75c
6-20
6-10
Clary
50c
7-
6-10
Corp.
15c
6-
1
5-23
Clearing
7-
1
6-15
Cleveland-Cliffs
$32 Wc
Sugar
G-20
$4.50
5-20
$15c
A
Forgings,
6-
1
Machine
6-
1
5-14
6-
Class
$37 Vac
6-15
5%
5-28
{25c
6-28
6-
$50c
6-15
A
(quar.)_
*.•
:
:
Machinery Corp., Ltd. (s-a)
Canada Malting Co., Ltd.——
Canada North West .Land Co., Ltd.—
Liquidating
8
preferred
&
Vinegars. Ltd..
7%
Canada
Wire
Class B
(interim)—,,.
Canadian
Breweries,
Canadian
Caimers,
5%
1st
Ltd.
Ltd,
preferred
___
(quar.)—
preferred
60c non-cum
convertible
6%
preferred
Canadian
Common
Dredge
&
(quar.)—
common
Canadian
5-31
2
6-10
7-
2
6-10
7-
2
6-10
7-
2
6-10
7-
Dock
Co,
—
6-10
6-10
6-30
6-10
7-
6-
7-
2
2
6-
8- 2
$25c
11-
2
Food
4%
Co, Ltd.
Products,
Ltd,
$1 class A (quar.)——:
4V2%
preferred
(quar.)
$25c
(quar.)
6-
5-13
$18%c
common
7-
1
1
Canadian Ice Machine Co, Ltd.—Class A (quar.)
$25c
7-
1
7-
1
5-31
.
7-
1
Class A
Class
—___
B
7%
—
.
$50c
6-
Industries, Ltd,
preferred (quar.)
(quar.)
common
___
tH'/aC
$$1.75
I
6
6-
$50c
,
Canadian
6
7-30
7-15
5-
5
5-
5
6-15
Conde
5%
preferred
(accum.)
Canadian
Malartic
Canadian
Tire
Gold
Corp,
$$1.25
Mines,
Ltd.
_———_—
Canadian
4%
Western
Western
preferred
Capital
$1.50
Wire
conv.
Lumber,
Natural
Ltd.
Gas
Mfg.
preferred
(}%
preferred
preferred
5-16
9
5-25
$30c
6-
1
$30c
6-
$10c
7-15.
1
6-
1
(quar.)
$37c
pfd.
(quar.)_
37V2C
6-
6-
1
common
(quar.)
Life
37'/2c
9-
1
8-15
(quar.)
37V2C
12-
1
^tl-15
3$
7-1
6-15
Detroit
Edison
6-
3
5-16
Detroit
Harvester
6-1
5-2
Detroit
9-1
8-1
Detroit-Michigan
6-
3
5-27
5%
6-10
5-27
Detroit
6-30
6-14
62VaC
Co.
(quar.
Co.
1
5-
1
5-16
3
5-20
6-
3
5-20
9
6-10
5-12
6-25
6-10
6-15
5-31
$1.50
7-
1
6-10
6-
1
5-15
__l_
30c
$1
6-
1
6-
1
5-20
6-15
5-25
5-20
50c
25c
(Toronto)
Light
Power
River
Inc.,
preferred
40c preferred
^Consolidated
Ltd.
6-15
6-
40c
(quar.)!
6-
1
6-15
6-10
6-15
6-10
37VaC
6-15
6-
1
$3c
6-21
6-
Dobbs
75c
7-
1
Dominion
Dominion
pfd.
(quar—
6-
1
6-
1
5-16
10c
7-
1
6-20
10c
7-
1
6-20
iquar.)-
10c
10-
1
9-20
$1
6-
1
5-14
Co.
(quar.)
Ltd.
Oil
&
(s-a)
5-17
6-10
5-26
5-17
6-23
1
5-10
6-
1
5-10
6-
9
6-20
5-27
6-
1
5-20
6-
1
7-
1
5-14
7-1
6-15
6-
7-15
6-24
6-15
6-
$2
7-
1
1
6-20
5
8-15
8-10
11-15
11-10
6-15
6-
6-10
5-18
1
5-13
6-
1
9-1
8-9
75c
3-1-50
2-6-59
25c
15c
6-11
6-27
6-15
5-28
25c
Co,
Ltd.
(initial)
6-
1
5-20
$1
6-
1
5-20
5-31
5-14
$30c
5-20
6-15
5-25
25c
6-25
6-10
7-
1
6-10
15c
6-
1
5-16
6-
1
5-16
6-
1
75c
(quar.)
(quar.)
6-
Co
5-20
com.—
$17V2c
7-30
6-30
25c
—
5-31
5-17
$$5
6-15
5-31
Foundries & Steel,
Tar
Ltd.
6-15
5-31
$$1.25
(quar.)_.
6-
1
5-14
$35c
7-
2
(accum.)
$62V2C
6-
1
5-16
Ltd.
$37'/aC
6-15
5-18
Investments,
Ltd.—
$25c
preferred
Co.
Ltd,
com.
(quar.)
8-1
7-2
$25c
(quar.)
Textile
6-10
.
(quar.)
Chemical Co,
&
(quar.)—
Ltd.—
(quar.)
preferred
Dominion
3
$25c
$$5.50
Common
7-2
6-1
7-2
6-3
$15c
$$1.75
(quar.)
7-15
6-15
$25c
Brothers, Ltd._.
6-
1
5-15
5-4
Aircraft
(quar.)
$1.25
6-
1
Industries
(quar.)
115c
6-
1
$15c
9-
1
8-15
$15c
12-
1
11-15
Quarterly
Quarterly
:
—
Dow Chemical Co,
$4
5-17
1
75c
(s-a)
Anglo Investments, Ltd,
Dominion Stores,
preferred
$3.25
'
1
6-
50c
(quar.)
Fields
preferred
Douglas
(quar.)___
66-
15c
Inc.
5-16
$1.50
5-1
5-13
3^
1
62VaC
Dominion-Scottish
6-3
6-10
6-
37'/ac
(quar.)
(quar.)
preferred
$1
5- 1
u
10c
A
Dome Mines,
5%
6-
•
lc
(quar.)
preferred
Construction
Houses,
Dover
6%
6-1
6-30
6- 4
4
1
50c
Pepper Co
5%
5-16
1
6-
50c
Extra
2
56y4c
*
(quar.)
common
Coal
Class
7%
iquar.)
Power
Co.
(s-a)
(quar.)
(Henry) & Sons, Inc. (quar.)
Distillers-Seagrams,
Ltd.
(quar.)
Dixie Cup Co, common (quar.)
Dominion
—
<quar.)___
Power,
pfd.
Stores Corp.
(quar.)
Corp, common
preferred (quar.)
Donohue
&
5%
common
5-16
3
6-
25c
(quar.)_
Car
Motor
Steel
5-27
6-15
$1
Extra
______
Inc.
T
Dominguez
—
$1.25
Association
participating
4%
Dr.
15c
6-10
30c
participating preferred
6%
Diamond
7
5-16
18c
Disston
6-
6-
(Ky.) —
(Del.)
Co,
1
6-
1
40c
& Realty
Co.
6-
6-18
6-
$1.50
(quar.)_
Stove,
Alkali
6%
(quar.)
(quar.)
Match
Disher
6-
6-18
50c
35c
;
Diamond
5-14
35c
6-10
$1.75
Co.
Mortgage
6-
37Vac
1
50c
Hillsdale & South Western RR.
Diana
1
6-10
7-
25c
(Kansas)
preferred
5-10
1
20c
(quar.)
Y.), common
Co.
<:
7-
$37VaC
(quar.)
Dictaphone
$$12
Mines,
Co.
5-15
1
5-30
37V2C
A
(quar.)
Co.
5-20
iPhila.)—
Inc.
Oil
5-20
50c
Insurance
Publications
preferred
5-20
$$1.50
Nast
Supply Co.
1
25c
Stamping
&
Hudson
&
6-1
35c
(quar.)
Connecticut
1^:5-15
Derby
25c
(accum.)—*.
Telephone Co.—
Congoleum-Nairn,
40c
6-15
45c
(quar.)
(quar.)
Coniaurum
(quar.)
Power,
Mills
Connohio,
1'
1
:—
6-15
5-12
7-
6-
5-20
5-16
7%
6-
Connecticut
$20c
6-15
50c
-
Special
,
1
50c
(quar.)
Quarterly
5-20
7-
6-20
Corp
Confederation Life
Ltd.—
*
Co.—
1
6-
(N.
6-20
6-
30c
(quar.)
Dentists
5-20
Connecticut
Co,
(quar.)
Cloth
Capwell, Sullivan & Furth 6%
6%
(quar.)—_
6-
$2c
Ltd
(quar.)——
Extra
Canadian
Cone
Dempster Mill Mfg.
6-15
1
4% preferred (quar.)—
Community Public Service Co
Canadian International Investment Trust—
Delaware
5-23
1
1
Shearing
Common
5-25
1
1
Carbon
preferred
6-10
7-
7-
5-15
93%c
Company, common
preferred
(quar.)
6-
7-
Commonwealth Title Co.
6-30
7%
6-
—
preferred
$5
6-16
25c
B
Commonwealth
6-15
1
$1.50
Quarterly
Canadian Industrial Alcohol Co, Ltd.—
7-
$1.50
9-15
15c
&
Diamond
Commonwealth & Southern Corp.
$6
$20c
.
Deere
87V2C
Corp.
preferred
Commonwealth
5-31
$$1.12V2
____.
5-10
5-16
53VaC
Milling & Elevator Co. (quar.)
Broadcasting System, Inc., class A
Commercial
5-31
1
iquar.)
B
6-15
1
1
Day Mines, Inc
m—10c
Dayton Power & Light, common (quar.)
45c
3%% preferred A (quar.)_
93%c
1
35c
1
6-
$1.75
(quar.)
6-
5-10
710-
$17VaC
Corp.
6-16
6-15
6-30.
25c
(quar.)
(quar.)
Chemical
6-
common,
Co,
Central
Columbian
B
1
50c
20c
(quar
6-17
9-16
9-30
...7-
75c
*:
class
$4c
Ltd
$1.75
1
$1.75
preferred B (quar.)
De Walt, Inc.
(quar.)
Deep Rock Oil Corp.
$3
(quar.)____—
Aikman
conv.
Class
1- "
5-31
Class
Davison
Door
Ltd,
$7.50
Stores, Inc., common (quar.)
(quar.)
;
Columbia
5-31
6-10
(accum.)
Stores
Co,
$1.50
Mines,
preferred
Colorado
6
2-2-50
Gold
Ice
Colorado
-
Metallic
Fisher
&
Leather
50c
common
7-
50c
*_
$1
Corp,
5-16
$1.75
.
A
15c
Co
common
preferred
5%
1
$25c
&
Colonial
1
7- 6
10-
(increased quar.)
(s-a)_____
preferred
5%
$25c
___
Fairbanks-Morse
$6
3
6-10
class
20c
(s-a)
preferred
Colonial
6-
1
6-14
5-31
12VaC
(quar.)
*
20c
Co, common (quar.)
41/4%
preferred
(quar.)
Colgate-Palmolive-Peet Co.—,
Collins
6-15
6-
6-15
6-30
Inc.-rA
(Mo.)
3%%
Quarterly
6-10
Davis
40c
Coleman
$3.50
Daniels
50c
International
A
Dahlstrom
3
6-10
Co.
non-cum.
5-15
$1.25
(quar.)
6-30
$2
$1.75
20c
Sons, Inc., ?% pfd.
Cutler-Hammer, Inc.
(quar.)
'
Co, com.
•
$1.12Va
87VaC
Products
Cockshutt Plow Co.
Ltd.—•
———i,
——
1
6-30
6-30
$30c
•.
Class
6-10
2
$70c
'Common
Canadian
1
7-
7-
$43%c
Ltd.,
A
Cochenour
7-
Co.
$2
6-
1
5-13
5-13
5-7
$1.12Va
Cushman's
6-
7-
6- 2
$2.50
(quar.)
$20c'
class
Coca-Cola
12-15
1
6-15
$1.12Va
6-13
1
1
$1.25
(accum.)
Publishing Co, $7 pfd.
$1.12Va
(monthly)—
Company,
,.
6-15
12-31
pfd.
(quar.)
(quar.)
preferred
Mfg.
25c
—
Aluminum
$3
5-31
$35c
(quar.)
'Common
6-15
$15c
(quar.)
coipmon
preferred; (quar.
$1.75 preferred (quar.
Cottons,
5-31
$25c
Celaiiese, "Ltd,
$1
Canadian
6-15
$15c
$10c
(quar.)
preferred
5-16
$5c
_
Participating
Canadian
1
$25c
—
:
convertible
ncn-cum
6-
$50c
———
Paiticipating
6flc
Coca-Cola
$31V;c
(quar.)
common
(quar.)
Club
5-13
$$1
$50c
,___—
4-30
1
6-30
5%
Co,
pfd.
prior preferred (quar.)__
Curtiss-Wright Corp,
common
5-27
1
1
66-
$1.25
$4
5-27
6-15
5%
convertible preferred
50c
25c
(quar.)
com.
(quar.)
Monthly
1
6-
6-15
4%
(quar.)
Co,
6-14
50c
dividend)
5-24*
7-
$$2
,
________
Companies, Inc.___
(Heler.e) Industries,
Curtis
5-11
30c
(quar.)_:
Industries
$20c
(quar.)
4V2%
Curtis
<quar.)__.
Clorox Chemical
Cable, Ltd., class A
&
7-6
(quar.)
guaranteed
Clinton
6-
,*___—
Curtis
7-6
8-1
Pittsburgh RR.—
special
6-
Canada
6-10
8-1
Illuminating Co.—
preferred
4%
Canada
6-30
(quar.)__.
Electric
Cleveland
Ltd.—
62'/2c
30c
(stock
Cleveland Graphite Bronze
1
Curtis
$1.25
Corp.
Iron
preferred
$4.50
5-14
$25c
iquar.)—
6-20
$25c
Ltd
Co.,
6-17
dividend
34 lee
quar.)——
5-23
4%
Multiplier
Stock
5-26
5-27
1
(quar.)
6-10*
$1
$1.05
America—
of
Tobacco
1
common
1
6-15
Ltd.____——.—
Co,
(quar.)
Clothing
4Va% preferred
7-
(quar.)
7-
Curlee
;
Co,
6-20
40c
(quar.)
(quar.)
Co.
Steel
1
1
u.*
common
preferred
Coal
Pass
6-
7-
Inc*—
Corp,
2nd
Cuban
6-
(quar.f^
6-10
50c
5-15
6-20
1
4
25c
Co,
8-15
$1.37 V2
6-
6- 1
5-20
(quar.)
Atlantic Sugar,
40c
Co.
preferred
Seal
preferred
(quar.)_
$1.25
6-
G-15
6-10
$1.50
&
30c
Equipment
5-10
6-10
(quar.).
5-12
$1
Cuban
Co. of Chattanooga—
preferred (quar.)___
;
Clark
5-25
1
50c
Pacific
(quar.)
Cleveland
Ltd.* class
&
A
Clark
1
6-15
6-
1
Co.
Texas
Water
5%
15c
Ltd.—
Stone,
City
15c
Ltd.—
Dominion
Class
_
(quar.)
(increased
preferred
5-
5-14
$25c
——
iquar.)
com.
(quar.)
Co.,
1
$$3.50
—
Service
Cement
6-
6-15
$25c
5.Vsi % 'conv. preferred (quar.) —
L_—
Campbell Wyant & Cannon Foundry Co
Canada
5-18
$1.12 Va
Co, ;common y(quar.
Forge
5-31
Service
$1
&
City Auto Stamping Co.__
City Investing Co, 5Va% pfd.
City Products Corp. (quar.)
City Stores Co, com. (quar.)
2
_—-—
Power
Water
5'
(quar.)
(quar.)_
com.
preferred (s-a)
Byers (A. M.) Company iquar.)__.
California Cottpn Mills Co. (quar.)
Electric
5-28
6-10
30c
:
6-15
20c
7%
Caftforhia
preferred (quar.)__
Cincinnati, New Orleans
Co., Ltd.—
Corp.
Brothers,
4%
5-12
1
Corp.—
Forster, 8% preferred (quar.)
Crum & Forster Securities, 7% pfd. (quar.)_
Cuban American Sugar Co,
7% preferred (quar.)
7% preferred (quar.)—
Co.—
(s-a)
Cincinnati Milling Machine
.—;—
Nest
Crows
Co,—
iquar.)
preferred
4%
$1.25
Electric
&
preferred
6-20
1
933/4c
(quar
(quar.)
&
preferred
$4.20
1
6-
75c
preferred
(quar.)
Zellerbach
7-
5-20
6- 1
6- 1
6-10
6-10
6-20
Corp._*
convertible
$1.75
Corporation
Cincinnati
4%
common
(quar.)
A
Cork
25c
6- 9
5-20
6-
$37'/ac
$$1.25
2c
International
preferred
25c
$1
45c participating class A (quar.)———
Burroughs Adding Machine Co. (quar.)
class
$2
.
$1.31 V\
common—
(increased)
Cork
(quar.)
87 Vac
_
Crown
20c
common
Ltd,
(s-a)
33/4%
preferred
(quar.)
9
Corp,
6- 9
6-13
6-10
6-10
6-15
7-15
30c
62V2c
(quar.)
6- 9
6-24
6- 1
& Knowles Loom Works—
Common
6%
6-24
6-24
75c
;
(quar.)
Co.
Oil
Petroleum
Common
5-
A
Company,
Common
1
5-13
5-13
5-16
20c
Electric
preferred
Gulch
5-30
6-
1
Co
Dubilier
$5.25
5-28*
1
6-
$1
Corrugated Paper Box Co,
5% preferred
(quar.)
6-10
25c
1
50c
(quar.)
Cornell
6-
6-15
5-17
50c
(participating)-
Range
30c
(quar.)
1
6-
50%
preferred
Coos Bay Lumber
RR.—
Co.
Oil
6- 1
6-
$15c
(quar.)
CopperweM Steel, common
r,% preferred (quar.)
6-25
$1.50
6-15
25c
75c
(quar.)
dividend
prior
Cow
*
class A
Ltd,
7
1
5-10
6-15
6- 6
(quai.^
common
7-
6-28
$1
pfd.
(quar.)
6-7
$3
75c
6-27
25c
(quar.)-
Corp.
8-1
25c
„
5-31
7- 1
$1
7-1
6-25
5-20
6-15
5-25*
6-15*
5-13
(Del.)
Varnish,
Co,
Stock
$3
Copper
87V2c
1
6-30
6-15
7- 1
6- 1
Cooper-Bessemer Corp.—
New common
(initial quar.)
Co.—
—
Co.
preference
Cooksville
1
87 V2c
(participating)
-*-
6-17
6-
37 Vac
—
6-
75c
preferred scries A
6-10
6-
1
$3.50
Pacific
&
Paint
prior
6-
3IV4C
$1.13
(quar.)
(quar.)J
(Chicago)
Co.
(quar.)
Co, 4Va%
6- 8
$3
Building Corp.
Island
preferred
6-15
$1.12Vs
ST"
30c
25c
933/4c
50c
$1
(Chicago)
(quar.)
7- 1
1
5-31
Copper & Steel Industries—
J.5c
(quar.)
Christiana
(quar.)
Arts
preferred
$1.04
—
—
Co:,
6-10
6-10
4-29
7- 1
7- 1
(quar.)
Can
Continental
•
6-15
7- 2
$1.13
America—
of
Continental Casualty
5%
Class
Dry
$3.75
3
7- 1
7- 1
$37'/2c
(quar.)
common
Corp.
preferred
4%
6-15
6- 1
6- 1
6-1
J50C
$1.12Va
Ltd.
Co,
Continental
1
\
$l2c
62VaC
$$2
(quar.)
Glass
6-20
(Consolidated)
A
30c
53c
$15c
'
______
(quar.)
6-30
1
pref.
pref.
Burrard
$4.52
8-
Co.
preferred
preferred
$4.50
Co.
Chicago Mill & Lumber Co. (quar.)^
Chicago Rivet & Machine Co. (quar.)
5-20
25c
(quar.)
(quar.)
Ltd.—
Gas
Consumers
Continental Assurance
——
Chicago Medical
Concen¬
&
Co..
4'%- preferred
$2
5-27
6-15
6-15
50c
,
Burlington Mills Corp., common
3\'i'k preferred (quar.)—-,.
3 Vie %
1
6-10
$50c
—
Mining
Consumers
5-16
5-14
(quar.
Extra
5-27
3 7 Vac
—
Ltd..—-
5-16
6-10
7-
Chicago, Burlington & Quincy RR
Chicago Corporation, $3 preferred (quar.)__
Chicago & Eastern Illinois RR. Co.—
6-20
6-10
20c
Sullivan
6-
1
$1.25
—
——
iquar.)
(F.)
7-
15c
—_
(quar.)—
.
6-15
30c
(quar.)
Ltd.—
Dredgiiig,
5-20
20c
Co.
Inc.
Gold
1
10c
(s-ai_
Pipe Line Co._:
Budd Company (The) common
$5
preferred (quar.)
Bullock
6-
35c
_—
Buckeye
Buffalo
5-20
$1.25
—
Creek
1
25c
(quar.)
com.
$5
Euck
1
1
5-31
1
—
Chesebrough Mfg. Co.
5-16
6-
28VsC
(quar.)
6-15
12VaC
■_—_
common
6-15
6-15
5-16
5-21
5-21
6-15
6-15
5-16
5-16
5-2
5-31
6-15
(quar.)
pfd. (quar.)__*
(Toronto)
(quar.)
6-
:
preferred
preferred
6-25
6-25
6- 1
6- 1
6- 1
—
Mills, Ltd. (initial)
New
$1
preferred
(initial)
(s-a)
Consolidated Theatres, Lid, class A (quar.)
6-
(quar.)____
(quar.)—
conv.
(quar.)
Consolidated Textile
7-15
common
preferred (quar.)*.
Chesapeake & Ohio Railway
7-30
6-15
5-25
25c
$1.25
25c
$1.50
25c
(quar.)
85c
4%
'
_!_!
6%
6- 2
7- 1
6-15
(quar.)
common
40c
(quar.)
6-15
Co.
(quae.)
_____—
B
preferred
4V»%
6-22
7- 1
$1
15c
Co
Stores,
15c
(quar.)___
Transit,
Stores
Paper
Retail
(quar.)__
com.
Mfg., class A (quar.)
90c
._
Manufacturing Co.,
6-
preferred (s-a)——
Corporation
$30c
(quar.)—
Mills, Ltd., class A (quar.)—:—
Class B (quar.)——
•___—________
Extra
5
5-14
Chapman Valve Manufacturing Co.—
Bruck"
Brunner
5-
5-31
Public Service—
$4.50 preferred
Inc.—
•
5-31
7-
Ribbon
Century
2
Consolidated
30c
preferred (quar.)—
Mills, Inc. (quar.)
Champion Paper & Fibre Co, common—*.—
«- 2
5
$1.25
4.15 % :•
-
common!—-
preferred
2
8
pfd.
(quar.)..
Vermont
90c
$1.12Va
(quar.)-
90c
7-
8
Consolidated Naval
5-
15c
3.40%
Central
7-
6-11
(
7-8
(quar.)
Co.
1
7-
1
5-13
6-15
1
(quar.)
Corp.
Corp, common
Laundries
5-31
$1.12 V2
common.
iquar.)
Co,
40c
Power
$2.50
7
lOd
7-
preferred
5%
Consolidated
Co.
6-
Central
6-11
Consumers
7-
Wire
6-20
1
5-11
5-16
&
1
7-
6-1
2
Steel
7-
(quar.2c
(quar.)
preferred
Consolidated Grocers
5-6
com
Central
6'/c
5-31
5-6
7-
1
6-10
Payable of Rec.
$1.25
Utilities
Gas
6-1
Light & Power,
preferred
3.6%
Y.__,:
N.
(quar.)
6-1
7-15
lOd
(final)*.
Ohio
Central
Consolidated
$1
Works
York Power,
of
(quar.)
75c
■—
(quar.)
Machine
5-14
B
C
17V2c
Public Service Co.,
preferred
1
preferred
preferred
27V2c
Paper Co. (quar.)
Central & South West Corp.
6-
.234375
——
Co.—
Co.,
1
40c
—
Rubber
1
6-
6-30*
6-15
$25c
————
Shoe
4%
Central New
Ltd.—
Co.,
J;
6-
6-15
7-15
933Ac
Brooklyn Boro Gas, 4.40% pfd. (quar.)-—
Brooklyn Union Gas Co
Brown & Bigelow, common
(quar.)
Brown Company,
$6 preferred (accum.)
Brown
4-29
15c
British Columbia Forest Products,
Brown
1
25c
_____
preferred
6-
6-
of
Consolidated
Foundry Co, 5% pfd. (quar.)—-—
Light Co, 4Va % pfd. (quar.)
6-11
4%
$75c
Central Illinois
$25c
Brij?tol-Myc-rs Co., common (quar.)—
3%%. preferred (quar.)—
British American Oil Co., Ltd., com. (quar.)
33A %
preferred
(quar.)
$i
conv.
1
Co.
4Va%
6-30
$38c
(quar.)
Warehouse
Central Illinois
7-20
5-13
$1.75
s-a)___.
Detroit
Central
(quar.)
com.
& Co., Ltd—~—
registered
7-
$$1
■—_**—_—
Dcpartmcht Store,
5-21
1
40c
Central
1
7
1
Ltd.
*__—*——-—
Tobacco
6-
6-
6-
75c
(quar.)
6-15
6-20
Co.
(quar.)
Gas, Electric Light &
Baltimore, common (quar.)
1
25c
preferred
$1.10
Edison
preferred
7-15
(quar.)—
(s-a)
preferred
5%
5-24
25c
(ouar.i
Light & Power Co.,
Ordinal (final)
1
2
75c
—
——
British-American
6-
(increased
$5
Share
Consolidated
8-
$1.12Va
(quar.)
common
Consolidated
C-
(quar.)__
Caterpillar Tractor Co. (quar.)
Central Arizona Light & Power Co,
5-20
6-
Co,
Common
6-16
$1
—
Co
Sons
5-20
58%c
pfd.
Central
Co.-
6-23
6
preferred (quar.)
Food Products, Ltd.—
7%
50c
(s-a>__
(quar.)..—
I.)
(J.
Catelli
Rubber
&
Casket
.'
Ordinary
5-20
5-11
Briggs & Stratton Corp.,
Broadway
7-15
1
6-
1
&
(T. G.i
7-29
Case
1
Brazilian Traction,
Extra
7-15
6-
Bearing
J.)
6-15
7-
Hose
1
6-
$1
Plywood Corp, common
preferred (quur.)
3Va%
1
7-29
60c
Burial
iE.
6%
7-
•25c
Estate
Roller
Bright
5-18
$2
(s-a)_—
preferred (s-a)—
Boyertown
Brach
1
Club.' (quar.)
Rent
Woven
Bovver
6-
$1
—
America
of
7-
50c
Cascades
6-
(interim quar.)
Company
Boston
5-24
5-16
25c
Corp-.———:
(quar.)
Trust
Bock-oI-the-Month
Borden
1
15c
B
Investment
Bond
$2
50c
of Company
Holders
When
Per
Nome
5-16
25c
6-15
$3
40c
Bt'ass
1
___
preferred (quar.)
Carson, Pirie & Scott, 4V2%
25c
—
Company (quar.)*
Blumehthal (Sidney)
<te'Co. (quar.)_.
Aluminum &
common
Holders
6-
4%
BlaW-Knox
Bohn
Corp,
When
49
(2357)
Payable of Rec.
$1.06'A
1-
Paper Co, common
preferred (quar.)
Carpenter
6-
6-12
>1.06 'A
--
1
1
4'/«% preferred (quar.)
Carolina Telephone & Telegraph Co. (quar.)
6-23
,
CHRONICLE
Share
"
Carman & Company,
6-
$1.35
(quar.) __*
Black, Sivalls & Bryson, Inc., com.
FINANCIAL
.
Per
Nume of Company
5-20
1
6-
$1.05
(quar.)
preferred
4.25%'
6-
&
Holders
Payable of Rec.
30c
(quar.)
THE- COMMERCIAL
2nd
A
common
(increased)
(quar.)
preferred
(quar.)
5-14
40c
7-15
7-
1
$1
7-15
7-
1
81'Ac
7-15
7- 1
50
(2358)
THE
Pg/*
Name 0/
Dow
Company
7%
Corporation,
Driver-Harris
Mont
5%
du
4%
Co.
Pont
(E.
I.)
Common
preferred
de
(interim)
&
6-13
6-
7-
6-15
1
1
Less
dividend
Co.
Power
Trailer
-—
Fundamental
$1.12 %
7-25
7-
8
Futures,
87V2C
7-25
7-
8
Gair
Co.,
30c
6-10
5-20
Gair
(Robert)
7-
1
6-16
12%
7-11
5-20
3','r.
7-11
5-20
10c
6-14
6-
$1.25
7-15
6-15
20c
6-15
5-24
Gary
45c
$1.25
6-10
5-20
Gatineau
6-15
6-
(quar.)
5%%
preferred (quar.)
Gaylord Container Corp. (quar.)..
Genmer Manufacturing Co., class A
Bradstreet, Inc., common
preferred (quar.)
Dunlop Rubber Co., Ltd. Amer. deposit
ceipts for ordinary (annual)
$1.12%
Duquesne
Products
Light
Plastic
Co.
(quar.)
5% 1st pfd. (quar.)__
Chemicals, Inc. (quar.)
Co.,
&
Eagle Picher Co
I
(quar.)
Mahonoy RR.
Co.
(s-a)—
East St. Louis 81 Interurban Water Co.—
7%
preferred (quar.)—1
6% preferred (quar.)
Massachusetts
Inc.
preferred (quar.)
Co.,
preferred
6%
r
(quar.)
common
(quar.)
1
4
5-11
$1.75
$1.50
5-11
6%
Garrett
5%
Co.,
Power
(quar.)
(N. Y.)
Transportation—
preferred A (quar.)
$1.50
6-
1
General
preferred A
$1.50
9-15
9-
1
General American Indemnity
preferred
$1.50
12-15
12-
1
General
$1.50
$1.50
8-
7-15
11-
10-14
(quar.)
(quar.)
6%
preferred B (aocum.)
preferred B (aocum.)
Eastern States Corp. $7 pfd. A
$6 preferred B (accum.)
Eastern Steel Products, Ltd
6%
Eastman
6%
Kodak
Co.,
Economic
Edgewater
Edison
El
Steel
Co.,
Oil
El
Paso
4.10%
Boat
1%
1st
6%
2nd
6-15
5-16
6-25
6-15
6-13
5-31
7-
6-20
1
5-28
6-15
5-26
General Plywood Corp.,
1
6-10
General
6-30
6-14
$1.12%
7-
6-
5-18
Class
A
6-
5-18
Class
Corp.
7-
6-14
5%
6-
5-20
25c
6-
5-26
6-17
5-19
15c
6-22
6-
25c
6-
5-12*
(quar.)
Watch
Co.,
Emerson
Drug. 8% preferred (quar. 1
& Bay State Telegraph Co.—
4%
guaranteed (quar.)
Empire District Electric, common..
Emporium
Castings
6-15
Gerber
$1
6-
1
6-15
6-
1
5-20
6-
1
5-13
6-
7-30
6-30
40c
7-
1
6-20
1
6-20
75c
10c
6-
1
5-10
7-
1
6-
3
Class
25c
6-15
6-
1
6%
Coach
Erie
&
7%
Co
Pittsburgh
(quar.)
(an
deduction
of
2%c
State
85c
Railroad
$1.25
A
(quar.)
(quar.)
$5 preferred A (quar.)
Esmond Mills, Ltd., 5%
pfd.
5%
preferied (quar.)
Company
Faber,
5-13
1
8-15
Golden
11-15
Golden
1
8-
1
7-
8
$25c
11-
1
10-
7
$1.25
Co.
12-
$25c
(s-ai
Insurance
(Syracuse,
N.
Y.)
6-
1
5-18
&
Gregg
&
Sugar
Co.___
Common
Corp.,
(increased
pfd.
Gordon Mackay Stores,
5-10
6-
5-16
5-17
6-15
5-17
7-
1
6-10
5-30
5-13
37 %c
quar.)
6-30
6-15
N.
Y.), common (quar.)_
(quar.)
Federal Enterprises, common
$1.25 convertible preferred (quar.)
$2.50
7-
1
6-15
$2.50
10-
1
9-15
20c
31%c
Co. of Canada
6-15
6-
6-
5-18
1
1
(s-a)
t$l
8-16
8-11
$1
6-21
5-27
40c
6-10
5-31
Federal
25c
6-15
6-
&
Works
Curme
5%
preferred
Fenton
United
(quar.)—
Shoe
Stores
Dyeing
Ferro
Enamel
Froducts
Co.
America
Rubber
preferred
(M.
Fittings,
Ltd.
H.
Fitz Simmons
$2
&
A
6-
1
5-14
1
6-
35c
1st
1st
1st
Stove
Co.
Power
Corp.
Florida
Power
&
Stores
(quar.)
B
&
5-16
1
6-
Co.,
Kleiscr
6-
1
5-21
pfd.
(quar.)_
Northern Ry.
class
Co.,
6%
common.
6-20
6- 1
6- 1
6- 1
6- 1
—
$1
.
$1
Administered
Bond
Industrial
Investing
6-
Tobacco
5-31
6-
1
5-20
?5c
6-
1
3-24
1
5-13
5-31
5-31
5-13
5-31
5-13
9c
5-31
5-13
5-31
5-13
10c
5-31
5-13
9c
5-31
5-13
10c
5-31
5-13
5-31
5-13
7c
8c
5-31
5-13
5-13
9c
5-31
5-13
3c
r
5-31
5-31
5-13
7c
5-31
5-13
shares
3-24
preferred
Oil
Gulf
States
Corp...
_
Utilities
Co.,
common
(quar.)_
Gypsum Lime & Alabastlne of Canada,
Quarterly
10%
Quarterly
Quarterly
Works..
Co.,
class
Hackensack
6-10
5-
:
A
pfd.
(quar.i
9%
prior
Corp.,
preferred
6%
prior
preferred
Franklin Simon & Co.
Hahn
6-
1
5-16
37%c
7-
1
6-15
(see Simon
37%c
7-
1
10-
1
9-19
7-25
6-30
7-
6-10
Brothers
Hallnor
Hamilton
Companies, Ltd.. common.
4%%' preferred (quar.)
—
+50c
:i
Co.,
Ltd.,
+$1.19
1
6-
5-14
25c
3c
5-31
4-30
7-31
6-30
25c
5-31
4-30
6-15
Aviation
6%
Hamilton
4%
Bridge
Cotton
Watch
convertible
Group
Bronze
preferred
—
International
Cigar
International
Harvester
Machinery
A
% %
preferred
Co.
Inc.
——
Ltd.,
Paints,
Silver.
International
Utilities
Ltd.
Co.,
Co.,
Co.,
Public Service
prefeired
Jaeger Machine
6- 8
Jahn
6- 1
5-16
Jamaica
(quar.i
Ltd.
.
common
preferred
(quar.)
(quar.)
1
5-14
1
5-10
—
$12%c
6-30
6-15
—
$22%c
6- 1
5-10
25c
$1
6-15
6-15
5-24
5-24
«fc
Public
6-20
1
5-17
Co.
(quar.)
1
6-
1
5-11*
50c
6-15
6-15
6-
6-15
6- 1
7-15
6-15
10c
5-31
5-20
8- 1
8-1
7-19
7-19
25c
6-15
6- 1
6-15
6- 1
6- 1
1
25c
preferred (quar.)—
6%
(reduced quar.)—-
Engraving
Service,
Co.
Ltd.,
preference
A
preference
B
preference C
(quar.)
preference D
(quar.)
(quar.)
(quar.).:
Co.
$5
pieferred A
(quar.i
$5
preferred B
(quar.)
(quar.)
com.
(quar.)_
6-
1
5-16
30c
30c
30c
(quar.)
Co.
Supply
6-
6- 1
5-12
93%c
7%
Water
1
Island—
(Del.)
5%
5%
6-
37%c
25c
(quar.).
(quar.)
7%
Jamaica
6- 1
6-
>
Co., common
Shoe,
Oliver
6-15
6-15
$75c
(quar.)
interest
(quar.)
Mfg.
7- 1
5-23
$60c
$1
...
Boston—
Utilities
6-8
6-9
25c
(quar.)
Co.. of Rhode
Trust
5-16
6-20
Ltd.—
beneficial
of
7-1
6-9
$1.50
Corp.
Participating preferred
Participating
11- 1
6-
of
Trust
Fireman
5-5
7-2
7-2
50c
$25c
25c
(s-a)__
Co
preferred
convertible
1
6-
pfd.
6','
Corp.
Certificates
12- l
6-15
1
6-
Ltd.—
Interstate Hosiery Mills (quar.)
Interstate Natural Gas Co
8-1
5-31
7-15
40c
International
9-1
25c
Canada,
preferred (s-a)
International Petroleum, Ltd. (s-a)
International Products Corp.
(quar.)
Iron
$7c
(quar.)
of
5%
5-2
6-10
35c
$40c
$$1.12%
(quar.)
Nickel
International
3.75%
5-20*
Ltd.—
Quarterly
Iowa
6-10
$1.75
(quar.)
International
Investors
6-15
$1
20c
t40c
International
6-1
6-
(quar.)...
com.
(quar.i--.
Metal Industries,
75c
Ltd
Co.,
preferred
Class
1
7-15
Business Machines Corp.—
$50c
(s-a)
(quar.)
Quarterly
4
27%c
$37%c
Building (Chicago)
Powders, Ltd.—
Exchange
partic.
$30c
common
(quar.)
Stores
Mines,
(increased)
shares.
Bond
International
7%
1
Shares—
Group
and
Insurance
—
Group
Insurance
Stock
(quar.)
(quar.)
Co
Quarterly
Quarterly
Irving (John)
85c
(s-a>
preferred
Hajoca Corporation
Hamilton
(Franklin)
Co.)
Fraser
Co.
6-19
37%c
Brass
Participating
Hale
(quar.)
(quar.i
Water
5
25c
1
50c
Steel
Iowa Southern
Ltd.—
(interim)
1
6-6
$25c
$25c
$25c
5-19
5-9
7-1
Ltd.
5-19
9-
Investment
5-20
1
1
6-
6-10
5-20
6-
6-
6-1
6-17
5-20
5-17
$25c
$37%c
1
9-10
6-30
6-15
6-30
6-
6-10
5-13
6-15
4-29
5-16
$1
7- 1
6-15
6-23
17c
5-31
SOc
6-10
7%
$25c
Lid.—
Corp.—
Investment Foundation.
$1.10
1
lGc
Intertype
$1.12%
7-
6%%
preferred
(accum.)—
6%% preferred (accum.)
Ingersoll-Rand Co. (increased)
5-13
(quar.i
6-30
$2
Lines—
5-17
5-31
(quar.i
1
5-26
5-13
preferred
5-18
8-
1
5-13
preferred
6- 1
6-
5-21
$4.50
9-20
12-20
6-10
5-31
$4.40
,
30c
Silica
75c
Gulf, Mobile & Ohio RR., $5 preferred
6-20
6-30
9-30
12-30
75c
Rayon Corp.
Industrial
$1.25
(quar.)
5-16
5-16
6-15
1
$25c
Indiana Gas & Water Co.
6%
$5
$1.25
$1.25
7-
of Canada, Ltd.—
5c
Sugar,
6-17
5-16
37%c
(s-a)
$1.25
shares
6-17
6-30
$1.25
Leased
Industrial
8c
>
'.
Imperial Varnish & Color, Ltd., common
$1.50 convertible partic. preferred (quar.)
7c
shares—-.!
6-30
5-31
5-31
5-31
30c
(s-a)-_
Imperial Tobacco Co.
8c
Stock
shares
5-25
5-20
6-
5-13
10c
—
Steel
25c
5-13
5-11
$12%c
RR.
Ltd.
5-7
5-20
6-10
25c
12%c
12%c
$$1.25
preferred (quar.)_
Chemical Industries,
Ordinary registered
(final)
Oil,
6-1
6- 1
$1.50
(s-a)—
guaranteed
5-13
shares
6-1
5-31
4%
5-13
8c
11-20
3
preferred
5-31
shares
6-15
6-15
5%
6-1
31 %c
(quar.)
Press Mfg., 6% pfd. (quar.)_
Hydro-Electric Securities Corp.—
5-31
5-31
6-13
$1
pfd. A
Hydraulic
6-20
5-31
6-10
6-20
5-20
5-9
5-9
5-27
5-13
5-7
25c
Refining Co
Huttig Sash & Door, 5%
5% preferred (quar.)
5%
preferred quar
Institutional
12c
shares.—
I.td
Erie Mortgage Corp
&
6-10
6- 7
6- 7
5-27
shares
Equipment
Railroad
Huron
7- 2
6-30
6-30
shares
Railroad
6-15
& Paper, 5%
International
shares
&
(increased quar.)
Humphreys Mfg. Co., common
6% preferred (quar.)
Hunt Foods, Inc., common (quar.)
5%
preferied (quar.)
;
5% preferred series A (quar.)
$1.75
25c
$1.06%
shares
Company
Priced
50c
Smelting,
&
Inland
Railroad Bond shares
5-31
Oil
5-31
Machinery shares
Institutional Bond
5-31
Humble
6-10
10c
5-12
7- 1
6-10
6-1
6-1
$$1
(quar.)
Hudson Pulp
6-30
+—
6-20
6- 1
6- 2
6- 2
6-29
25c
7- 2
shares
8-20
6-15
6-21
10- 1
5-11
5-20
5-23
9-20
6c
5-20
5-11
1
6- 1
6- 1
6-30
55c
(quar.)_;
common
Extra
$75c
40c
shares
1
1
6-
6- 8
37V2C
$1.06%
1
Co
Power
Increased interim
5-13
5-20
5-11
6-29
6-20
56%c
(quar.)
Company
Imperial
6- 1
6-15
7c
Fully
preferred
Mining
Bay
8-25
11-25
t$l
10c
5-14
$1
15c
6- 7
5-25
5-23
—
Imperial
shares
General
Y.)
preferred (quar.)
Sound
5-17
5-25
Chemical shares
ElecLrical Equipment
(N.
Corp.,
6- 1
6-15
9-15
12-15
7c
1
0-
4% %
Howe
&
Stores
25c
(quar.i..
common
:
1
$1.12%
Light
Howard
9c
9-
6-
Houston
$2.50
$25c
$25c
$25c
$30c
shares '
7-
9
convertible
$2.25
Illinois Central
.
5-20
6-15
6-17
6-15
5-31
$1.25
(quar.)
Co.
preferred (quar.i
Houdaille-Heishey Corp.—
9c
12-
6-20
preferred
Hardart
&
(quar.)
5%
6- 1
5- 6
shares
Petroleum
6-
4%%
Horn
6-15
6- 1
6- 1
6- 1
6- 1
6-11
7- 1
6-30
6- 1
$1.12%
(quar.)—
(quar.)
common
5-13
5-16
50c
20c
30c
62%c
$1
12%c
25c
6-14
7-19
5-20
5-20
5-14
5-14
5-27
6-16
6-20
$1.06%
$1.12%
25c
pfd.
(quar.)
preferred A
conv.
Co.,
5-13
shares
5-20
25c
$4.50
Hoover
6-15
shares
5-20
1
preferred
6-15
6-15
Group Securities, Inc.—
1
6-15
$4.25
7- 2
6-30
-
6-24
7-29
6- 1
Hooker Electrochemical Co.
6-10
6- 1
6-30
6-30
6-15
5-16
6-20
5-28
5-26
5-19
5-19
5-27
5-20
50c
Mining Co
Honolulu Oil Corp. (irreg.)
Honolulu Rapid Transit, 6%
$5c
$1
37%c
$1
$1
$1.25
$1
$1.25
$12%c
6- 1
6- 1
6-30
6-30
6-15
6- 1
6- 1
6-10
6- 1
125c
Homestake
6- 2
5-20
5-20
5-20
6-10
6-13
5-16
5-16
6-14
6-14
5-16
6- 6
—
(quar.)
& Co., Inc., common
$1 non-cum. class A (quar.)
Home
Oil
Co.,
Ltd
6-14
6- 1
6-10
preferred
7%
prefeired (quar.)
Greyhound Corp., common
4%%
preferred (quar.)
Grinnell Corporation
Low
preferred
25c
37%c
10c
50c
(quar.)
Food
(quar.i
(quar.)
(Hcnryi
Hudson Motor Car
$1.75
non-cum.
Sugar Co.,
1
20c
voting
6-20
Co., Ltd.—
preferred
2nd
Western
Co.,
,
Ltd
Co.,
West Saddlery
Great
6-
62Vic
B
Felt
West
Great
6-
10c
(initial)
com
5-27
$4
5-15
(quar.)
Paper
Merchandising
Mining shares
Foster-Wheeler
&
Great
Guantananio
(quar.i
deposit receipts
Bridge
6
$2.50
new
(quar.)_
Co.
Northern
Utilities
r
non-voting__
Motor
Foster
1
7-
30c
,
(s-a)
Wallace,
American
Pitt
6-
5c
Preferied
Fort
5-16
50c
(quar.i
Co.,
& Pacific Tea
preferred
Gulf
preferred
Mineral
Class
1
$1
4%%
common
—
$1.50
quar.i
:
(quar.)_
(quar.)
Atlantic
(quar.)
Company
Manufacturing Co.
6- 1
6-16
Consolidated Mining, Smelting &
Power Co., Ltd.,
common
(increased)
Great American Indemnity (N. Y.)
(quar.i—
$1.50
Extra
Ford
6-
$1.50
(increased
Light,
(quar.)
A
20c
(reduced)
Florida
A
Class
7%
(Charles E.)
Hudson
(quar.)
&
20c
(quar.)
Company, common
$4 preferred (quar.)
&
5-16
25c
_•
(quar.)
Flintkote
Forbes
1
& Dock Co.
preferred (quar.)
preferred (quar.)
Fair
6-
+30c
partic. class B
preferred (quar.i
6%
3
Ltd.—
A
Co.
Class
Great
convertible preferied
4%
Hires
6-15
Co
Inc., 5% preferred (s-a)
Company, Ltd., class A
Grafton
Aviation
7-
fs-a)
non-cum.
6%
6-15
$1.25
(quar. >
W.)
Automobile
$1
(reduced)
Connell Dredge
class
1
6-15
25c
partic.
$2.50
6-
$1.12%
(s-ai
Quarterly
Foote
6-3
6-22
4
Co.—
Inc.
(H.
Building
preferred
Co.,
i
class
Fitzsimmons Stores,
Food
6-25
$2.50
(quar.)
Corp.,
Fishman
Florence
6-
$2.50
&
Gossard
Agricultural
_
Tire
Carpet Co., common
5% preferred (quar.)
;
6-10
Baltimore—
Firth
6
1
$20c
Ltd
at
Class B
York
6-
35c
Corp..
Canada,
of
of
CJass A
5%
1
$1
Fibre
5%
7-
Co.—
Quarterly
4% %
1
Co.—
62Vic
&
Manufacturing
Great
iquar.)___
Cleaning
"
(quar.)__
Ltd., class A (quar.)
Gorham
Graflex,
6-10
6-10
6-30
B
Great
Federal Mining & Smelting Co
Federal-Mogul
Corp.
(quar.)
Screw
Class
5-16
5-26
6-16
6- 2
Granby
(Syra¬
Common
Federal FJre Insurance
Semi-annual
1
6-15
(quar.)_$0.1856%
Fanny Farmer Candy Shops (quar.)
First
common—
5-27
50c
4%%
—
(quar.)
5-16
50c
Farmers & Traders Life Insurance Co.
Firestone
Company,
F.)
1
$5o
Finance
(B.
preferred
(quar.)
common
$1
35c
—
,
6-
$15c
Extra
Falgtaff Brewing
s
Goodrich
(quar.)
6-
1
Monthly
Hotels,
Hilton
$25c
preferred
(quar.)
Bartleit & Co.
Spencer,
5c
6-13
3
5-31
5-30
6-29
6-15
6-10
-
(interim)
Ltd.
State
50c
(quar.)
6-
(quar.)_
(quar.)
Manitou Mines,
50c
(quar.i
Co.
Falconbridge Nickel Mines, Ltd
Feltman
pfd.
25c
Coe
(The)
cuse,
(quar.)
Goodyear Tire & Rubber, common
$5 convertible preferred (quar.)
6-30
5-25
6-15
20c
Co., Ltd., 4% pfd. (quar.)—
Goodall-Sanford, Inc., common (quar.)
4%
common
Monthly
25c
Co.
Brewing
6-10
6-30
$2c
Company, 6%
(H. C.)
5-25
6-15
6-i5
20c
$1.50
Extra
$5
—
15c
Fairbanks-Morse
Fajardo
1
9-
$1.25
(quar.)
Semi-annual
Fair
6-
$1.25
Goebel
A
preferred
Essex
5-31
Co.
preferred
$5
Excelsior
Godman
6-10
6-20
6- 1
7- 1
7- 1
25c
Steel Tubes
Globe-Union, Inc.
Pennsylvania
preferred B
Co.,
5-20
6- 4
Ltd.—,
Co..
5 %
(quar.)—
common
(quar.)
Heywood-Wakcfield
6-20
class A (quar.)
(quar.)
Oil
3%% preferred A
5-31
1
50c
prefeired (s-a)
Globe
payment
taxi
$5
B
(quar.)
Heyden Chemical Corp.,
^
30c
50c
$3.50
25c
25c
87%c
50c
31c
25c
25c
25c
(s-a)
Hewitt-Robbins
Hibbard,
(quar.)
common
7- 1
(quar.)____
Corp.
Glenmore Distilleries,
Globe
RR.—
guaranteed
after
Erie
(quar.)
preferred
34%c
$1.50
;
(quar.)
Co.,
Creamery
Holt
Extra
Erie
Harvester
Gleaner
7-
preferred B
conv.
Hershey
7%
$S
Steel Products Corp.—
Hercules
6%
15c
5%% preferred (quar.)_
prefeired (quar.)
Co.,
Henkell-Clauss,
Hollingsworth & Whitney, common
$1.12%
10c
25c
15c
37%c
:
—
$1
(quar. 1
preferred
:
6-29
6-29
Gisholt Machine Co.
(quar.)
1
Equity Corporation, $3 convertible preferred.
20c
preferred (s-a)
4%
(quar.)
6-29
—
(quar.)
Gerity-Michigan Corp.
(quar.)
Gerrard (S. A.) Co., preferred (s-a)
Gibson Refrigerator Corp.
(quar.)
Girdler Corporation
6-10
Hendry (C. J.)
5-11
7- 6
6-15
6- 1
6- 1
5-26
5-20
5-20
6- 3
6-20
5-20
6-10*
6- 1
6- 6
5-31
6-18
$1
Corp
7-15
12%c
$1.25
$1.50
(quar.)
Co., common-
50c
1
5-25
Co.
6- 1
7-20
7- 2
6-10
6-15
6-30
6- 1
6- 1
6-15
7- 1
6- 1
7- 1
6-15
6-24
6-15
7- 1
75c
Hazeltine Corp.
7-15
$3
25c
5c
preferred
$50c
Co
Enamel <Sr Healing Products, Ltd
Endicott Johnson Corp., common
6-15
50c
7-
31c
6-10*
25c
6-28
Products
Glass
5- 1
6- 1
5-14
25c
30c
25c
(quar.)
7-15
(quar.)
6-28
$1.25
_
5-20
5-16
6-30
Corp.—
7-15
1
Bakeries
Hazel-Atlas
(quar.)
$4
prior pld. (quar.)
preferred (quar.)_____
non-cum.
Hathaway
(quar.)
preferred
Tobacco,
$50c
Inc.
Gentry,
$3
(quar.)
common
$50c
(accum.)
General Tire & Rubber Co.
4%%
(quar.)
Capwell
Steel
$2
Co.,
convertible
$$2.50
—
prefeired
Hart-Carter
Hartman
(quar.)
Co.
6-10
6-11
6-1
1
Co.—
Ltd
Battery,
Hobart
—-
7-15
1
6-11
6-1
35c
25c
40c
25c
-
(resumed)
Georgia Marble Co. (quar.)
Georgia Power Co., $5 preferred
S6
preferred (quar.)
1
$1.25
933/.»c
(quar.)
(s-a)
50c
(quar.)
com.
preferred (s-a);
preferred (s-a)
preferred
pfd.
5%
70c
Goods
Dry
■
60c
Co
6-20
5-20
5-10*
5-12
7-11
7-11
Equipment
Corp., Ltd.
—
preferred
General
$6
7- 1
6-15
6- 1
6-10
8- 1
8- 1
_843,aC
$1 25
B
75c
Empire
5%
Precision
$1.06%
^
5-25
6-28
5-13
5-13
5-24
6-17
Products Mfg.
General
$1.02%
(quar.)
Co
7- 1
6-10
6- 1
6-15
Portland Cement
General
30c
G-10
(increased)
Common
Relraciories
(quar.)
Wholesale
7- 1
8r 1
6-15
6- 1
6-11
7- 1
common
5-16
6-10
4%
40c
$1.06%
stock.
A
6-30
50c
$1.50
$20c
17%c
40c
$10c
15c
50c
class
preferred (quar.)
Harding Carpets, Ltd
Hart
5-16
6-
$1
B
6%
Chemical
Advertising-
6-14
Co.—
quar.)
preferred (quar.).
(quar.)
(quar.)
$3.75
Outdoor
Common
Harshaw
$1.25
10c
i
preferred (quar.)
preferred (quar.)
$5
General
Harbison-Walker
Harrison
75c
$1.06%
25c
$1.75
75c
$1.75
Printing
Inc.,
A.)
Company,
preferred
(quar.)
Hein-Werner
...
(quar.)
in
(M.
$4.25
5-20
6-1
6-1
6-1
6- 1
6-21
5-31
5-14
5-20
...
3%% preferred
General Motors Corp., common.
Mills,
40c
(quar.)
Co
Ely & Walker
General
30c
Corp.
National
General Manifold &
40c
Electric
Elgin
General
6-15
5-16
$1.06V4
(quar.)
Auto-Lite
Electrographic
6-3
6-
Hanna
payable
6-10
(quar.)
common
5%
Industries,
77-
25c
Electric
Electrolux
7%
21c
(quar.)__
com.
common
(initial
preferred
preferred
4%%
3
Fireproofing Co.,
preferred (ouar.)
35c
Gas
common
6-
General
$25c
(quar.)
(monthly!
(quar.)
Natural
New
7-
3
8-19
12- 1
6 -8
dividend
Stock
5-16
6- 1
25c
(quar.)-
class A and class
on
7- 1
25c
75c
10c
(quar.)
preferred A (quar.)
General Cigar Co., common
7% preferred (quar.)
$4.25
$25c
(quar.)
(Texas)
$4.50 preferred
5-14
Common
$1.50
(extra)
Works
Electric
Paso
Inc.,
6-
American
t$1.50
(ouor.)
Ltd.
common
pfd.
6-3
6-
40c
class A
Stores
partic.
Dorado
El
Ltd.,
Brothers
4(4%
Trust,
7-
7-
$15c
common
Investment
Eddy Paper Co.,
$1.75
$1.50
(accum.j
preferred (quar.)
Washing Machine Co., Ltd.
Easy
6-15
6-10
9-10
12-20
6-20
Year-end
6- 1
25c
Co.
class A
Extra
75c
America Corp.
t>%
6%
A
50c
$1.12%
(quar.)
6- 1
7-1
7- 1
7- 1
,
6%
5-25
5-14
5-20
5-20
1
B
37%c
preferred
Class B
Ky.—
6- 6
6- 1
6-10
Class
(Calif.)
15c
$30c
t$1.25
$$1.38
'
(quar.)
common
6-
Instrument
Oil
5-20
6-10
6-10
5-25
5-16
25c
$1.06%
common
(quar.)
20c
(Ind.)
Railways
6-15
30c
30c
25c
6%
re¬
Bonus
Steel
14c
preferred (quar.)
preferred
(quar.)
Corporation (quar.i.^
Gary (Theodore) & Company—
$1.60 1st preferred (accum.)
&
4%%
Investors
Ltd., 4%
6-1
Hancock
6-10
7- 1
7- 1
6-10
6- 1
50c
Co..
Paper
Extra
6-17
6-10
6- 1
Holders
Payable of Rec.
25c
Hammond
5-18
5-18
20c
$$1
10c
30c
(quar.)
common
5-23
(quar.)__
Share
of Company
preferred
4%%
5-27
5-27
65Vic
20c
50c
SI
tax
(quar.i
Co.,
preferred (quar.)__.
4%
5-14
Name
Hammermill
4%% preferred (quar.)
Mexican
8%
Fruehauf
o.
,
5-16
6- 1
6- 1
When
Per
Payable of Rec.
$1
$25c
Company—
6-14
preferred
Eastern
Frconillo
$2.50
$3.50
East
6-20
Co.—
(quar.)_
Durez
6-20
1
;
preferred
Dunn
1
7-
Frontier
(quar.)
Nemours
$4.50
Dun
7-
25c
(quar.)
Freeport Sulphur Co. (increased quar.)
Freiman
(A. J.), Ltd. (extra)
50c
preferred
5-20
Monday, May 30, 1949
Holders
When
per
Share
of Company
1
Laboratories—
B)
Name
6-
50c
(quar.)
(reduced)
(Alan
convertible
Holders
When
Payable of Rec.
15c
$1.75
Co., common
preferred (quar.)
Drug
Dravo
Du
S/iare
«
v.''
....
CHRONICLE
FINANCIAL
&
COMMERCIAL
6- 1
5-10
8-10
11-10
5-31
30c
6-10
10c
6-
1
5-20
$25c
$$1.75
xl3i%
xl%%
xl%%
77777-
2
2
2
2
2
5-31
5-31
5-31
5-31
5-31
6-30
6-30
6-15
6-15
9- 1
12- 1
37%ct. 6-15
5-27
—
$1.25
$1.25
Volume 169
Company
■
3%%
preferred
(quar.)
Corp.
Johns-Manville
Johnson
Stock
i^v
Kalamazoo
Kansas
3.80%
4%
Power
&
(quar.)
6%
6%
A
Katz
Drug
•
Company,
(s~a)_-
&
Co.
_
Extra
Co.
(quar.)
Inc.
$1.20
2nd
Kinney
Co.
preferred
Rubber
S.)
Kroehler
preferred
4%.%
A
Laclede
(reduced)
com.
$2.50
prefeired
6-15
5-31
7-
6-10
McColl
6-10
McCord
6-10
$2.50 preferred (quar.)
Mclntyre Porcupine Mines, Ltd.
Inc.
Tourneau
5-25
$2
6-27
6-10
Meadville
6-15
6-1
Mercantile
6-15
6-
1
6-10
5-25
5-31
Merritt
5-16
6-13
5-24
6-1
5-10
6-28
Metal
6-
1
5-10
Metal
1
6-15
6-30
6-24
5-31
5-10
Miami
__—
Michaels
5-
3
Preferred
1
5-
3
Preferred
6-15
5-16
6-
1
5-16
6-1
25c
Ltd
1
6-
*12c
62'/2c
7-
1
6-
T
6-
$2.40
1
5-16
Micromatic
6-15
5-25
Mid-Continental
6-15
5-25
Mid-Continent
Midland
*25c
7-
2
6-10
5c
6-
2>
5-16
$2
$1
50c
(quar.)
5-31
5-21
5-31
5-21
6-13,-
6-27v
i
1
6-
1"
25c
35c
7%
Y.)
•A
1,
7- '1 v
5)
6-10
'
5-20
6-. 1
•
Extra
8%
■,
5-16
pfd.
Co.
6-
1
5-10
Common
Common
&
Myers
1
5-11
7%. preferred
Lincoln
(quar.)_
$1
____________________
(quar,)
National
Life
$1.7o
7-
1~
Insurance
(quar.)
30c
Quarterly
Lily-Tulip
30c
Cup
Lima-Hamilton
Corp
(quar.)_-
Lincoln
Building Corp. (N. Y.)__.
Stores, Inc., common..
preferred (quar.)
Common
6-15
50c
1
6-15
6-
6-
1
5-23
6-
1
$1
6-
3.20%
1
7
Little
capital
original
guaranteedguaranteed
-
_____
Inc.
Co.,
(quar.)_
Ltd.—
Class
2-21
5%'
6-10
5-24
Mitchell
9rl0
8-23
Mitchell
12-10
11-24
3-10-50
2-21
6
6-
1
*.T2 %c
6-
1
5-
_
(J.
6-
1
5-
3
6-
1
5-
S.)
Co.,
&
Mojud
Carpet
Hosiery
Molsons
3
5-31
Monarch
5-21
Machine
6-20
Monarch
Mills
1
6-21
Monroe
8%
preferred (quar.)
10-
1
9-21
1-2-50
12-23
$2
Steel
37%c
(stock dividend)
Long-Bell Lumber (Maryland)
Class
A
&
7%
Los
(P.)
(Missouri)
1st pfd.
Company,
Angeles Transit
Land
&
(irreg.)
(quar.)
(interim)
com.
Lines
(quar.).
_i_
&
Louisville
Title
4-10
Nashville
RR.
Mortgage
(quar.)_—__
(s-a)_.
5-13
1
5-
6-
1
5-17
7-
7-
1
6-10
1
12'/2c
6-30
25c
6-15
6-157
88c
6-13
15c
6-15
2
$3.25
$4
6-16
*6-
P
76- l4
'-,5- 2
5-31
4%
pfd.
(s-a)_
5-31
5-17*
6-30
1
5-
2
6-
1
5-
6
6-
1
5-
6
6-
1
5-
6
7-
Common
6-16*
6-
1
Chemical
;
convertible
6-23
6-
$1.62'/2
3714c
':" 50c
$1.12 V2
$1.12 V2
$1.1214
2
2
(irreg.)
6-
6-15
6-
6-30
pfd.
common
4%
preferred
A
(quar.)
Grocers,
preferred B
(quar.)
5%
preferred
Morgan
Morris
4%%
Products
1
6-
(J. P.)
Paper
30c
1
6-
Ltd.,
Dry
(quar.)
Class
A
preferred
National
Life
7-22
10-29
10-19
5-13
7-
1
6-15
6-10
6-
1
6-15
6-
1
tl5c
7-
1
6-15
t20c
7-
1
6-15
(quar.)
—
*37'/ac
7-
1
$1.12%
6-
1
5-18
$30c
(quar.)
7-
1
6-
7-
1
6-
10-
1
9-
2
1-1-50
12-
2
class B
1150
6-15
3
3
(Tenn.)
6-15
Insurance
(quar.)
Linen Service Corp.,
preferred (quar.)
preferred (quar.)
6-15
National
Paper & Type,
5-31
5-18
National
Radiator
5-18
National
Standard
15c
7-
1
6-15
$1.12%
7-
1
6-15
$1.25
7-
1
6-15
$1.25
8-15
7-31
15c
7-
1
6-
50c
7-
1
6-15
50c
6-
1
5-17
(quar.)_
com.
Co.
5-31
Co.
5%
;
preferred
(s-a)
Li-
(quar,)—;
National Tea Co., common
(quar.)
4'A%
preferred (quar.)
!v
3.8%
preferred
(quar.)
National Transit Co.
(irreg.)
6-15
National
Trust
5-20
Co.
12'/2c
National
5-27
6-* 1
(quar.)___
Accident
&
6-30
—.
1
53'/8c
8-15
8-
5
47 %c
8-15
8-
5
10c
6-15
5-27
Funds—
amounts shown below are estimates of
6-
1
5-20
6-
1
5-14
Institutional
6-11
5-16
Income
7-
6-11
Institutional
the
June
15
distributions.
series
8c
series
6-15
5-31
7c
Stock
6-15
5-31
5c
!
series—
6-15
5-31
5-31
6-10
5-31
Aviation
shares
lc
6-15
6-10
5-20
Building
shares
3c
6-15
75c
6-15
5-16
Chemical shares
2c
6-15
5-31
4c
6-15
5-31
7-
1
6-
6-
50c
6-15
25c
6-15
shares
Natomas
Company
Neilson
(William), Ltd., 5% pref. (quar.)_
Neisner Brothers, Inc.
(quar.)
-Nestle-Le Mur Company, class A ■ (accum.)
6-14
7-
1
6-14
New
7- 1
6-14
New England
*$1.25
5-19
Bedford
Cordage,
7%
pfd.
(s-a)
5-15
5-15
New
Jersey
5-14
New
Park
7- 2
6-20
New
10- 2
9-20
N.
New Jersey
Power & Light, 4%
Zinc Co. (quar.)
20c
1
1
5-20
6-
1
5-20
prefeired
Y.
State
A
pfd.
preferred
Newberry
(J.
Hardware
60c
6-11
5-28
Niles-Bement-Pond
6-11
5-28'
1
5-16
35c
15c
6-27
5-20
6-11
6-
1
Norfolk
7-
1
6-20
Norfolk
25c
114c
6-16
5-27
Normetal
6-16
5-27
6-16
5-27
6
1
5-13
6-
1
North
$2
Southern
&
Mining
American
Car,
convertible
North
Partial
12-15
11-15
North
American
1
2
6-15
6-
7-
Co.,
Inc.,
com.
& Company,
Mills, common
preferred (quar.).
Inc
(quar.)
1
6-10
1
6-15
6-
1
5-10
75c
common,
distribution
each
50c
common
Refractories
6-15
5-25
•
5%
RR..
7%
Insurance
9-
Co.
3%%
5-10
$1
$1.6214
6- 1
5-10
4'/2%
1
5-10
5'A%
7- 2
5-27
6-25
20c
1
6- 1
6-
1
Northwestern
Nova
Public
Norwich
Pharmacal
No-Sag
Spring
Nutrine
Candy
1
Oak
1
Oceanic
6-15
$2.50
6-15
6-
35c
6-10
5-26
59'iao
6-30
6-15
8-
2
6-10
6-20
5-31
5-31
8-
1
7-20
30c
6-10
5-24
*8%C
7- 2
6-
$3.50
6-
$1
(quar.)—
(Wis.)
4
1
5-16
—
6- 1
5-20
93 %c
Service,
7-
1
6-21
20c
6-
1
5-12
$1.12%
6-
1
5-12
$1.13'A
6-
1
5-12
t$l
6-
1
5-
7
*$1.12%
6-
1
5-
7
*$1.50
common
:—
Light & Power Co., Ltd.—
4% preferred
(quar.)
4'/2 %
preferred (quar.)
6% preferred
(quar.)
5-14
3714c
'
6-
1
5-
7
.
Scotia'
5-14
6-
1>7
6-24
(s-a)_
preferred (quar.)
7-
1
7-.
7-15
(quar.)—__—
preferred (quar.)
6-
7- 2
:V:
6-20
$1.25
5-10
50c
25c
15c
(quar.)
1
5-27
6-22
1
of
Greyhound Lines—
preferred
(quar.)—
1
5-27
5-31
7-
Northland
6-
5-27
6-10
1
3
share
(quar.)
pfd.
6-
7- 2
6-
f
Power
50c
$1.6214
7- 2
5-11
6-30
50c
shares
guaranteed
Co.
Oil, Ltd. 7%
preferred
5-13
6-
50c
(quar.)—
6-15
1
6-15
6-15
•
Star
1
2
6-10
t$l
$1.50
North
1
6-
5-31
5-20
$1.37%
Northern
7-
(quar.)
(one
Northeastern Water, $4 prior pfd.
6-
'
6-15
6-10
Corp.—
5-25
7-
6-15
5-16
5-31
6* 1
held)—;
5-29
25c
D ;
6-10
$1
—_——
American Investment
Stales
6-
tlOc
four
River
1
1
$8.50 par value, of Kansas
Carolina
5-31
5-16
7-
*50c
(quar.)
(quar.)
North
5-31
1
75c
dividend
American
5-27
6-
93 %c
common
Light for
North
6-14
45c
25c
preferred
(accum.)
5'/2% preferred (accum.)
5-31
6-
3
75c
North
2
7- 2
6-10
7-
6%
3
345/8C
$1.25
(quar.)_
North
5-31
6-24
Cash
5-25
7- 1
6-
1
Company—■
liquidating
&
6- 7
1
7-
(quar.)_
preferred
American
Power
6- 9
7-
7-
50c
Co. (quar.)
Corp., Ltd.—.
6-15
5-
5-10
5-13
15c
Ry.
new
1
1
6-1
$1.12%
Western Ry
5-15
6-
6-
$1.50
Co
6-16
6-
7
r! 5-20
l''! u 5-10
93 %c
Hundred Corp
Nopco Chemical Co., 4% pfd. ser. A
Noranda Mines, Ltd. (quar.)
5-13
1
6-
6-
Gas—
&
7-2
7-
•
1
6-10
50c
—
Nineteen
6-
t$1.75
(quar.)____
-
Newmont Mining Co.
Newport Electric Corp. com. (quar.)
3%%
preferred (quar.)
Newport News Shipbuilding & Dry Dock Co.
Niagara Lower Arch Bridge Co., Ltd. (quar.)
5-24
125c
(quar.)
Co.
Company (quar.)
Light & Power Co., Ltd.—■
5-20
$2
150c
6-10
5c
J.)
Newfoundland
6-
>
7-
75c
(quar.)
(quar.)_______
6-10
:
*
6-30
$1
(quar.)_
(accum)
Electric
preferred
80c
1
4
$1
(s-a)—.
Brake
5-20
6-
1
5-
1
*25c
5-20
6-
Air
$4.50
1
6-
6-
6-
Chicago & St. Louis RR.—
$3.75
5-31
1
6-15
lc
Mining
York
Y.
6%
N.
5-25
6-15
5-31
'
6-15
6-30'-
5-10
$3.50
.
j.
6-15
6-
1
1
6-15
Telephone & Telegraph—
Reduced
6-15
tl5c
25c
5-31
20C
_
6-1
50c
50c
.___
7- 1
50c.
t$1.75
Goods
Lines
1
'
National Lead Co.—
-
1
8-
50c
__^_
5%
7-1
1
115c
6-15
11-17
5-13
6-
25c
—
Ltd.,
1
11-3tr
6- 1
v
90c
(quar.)
7-
Jl
5-20
—
4'/2%
6-
5-31
*15c
preference
Hosiery Mills,
Class A (quar.)
3
8-19
6-10
2c
_•______
5-31
8-31
5-31
$1.25
__________
common
6-15
0-31
6-10
il5c
(increased)
Corp.
National
3
7-
6-10
(Hartford) —
Electric Corp
&
175c
(quar.):
(quar.)
7%
Moore-McCormack
Co.
National Gypsum Co., $4.50 preferred
6-20
7-
5-10*
1
45c
(quar.)__^
:
National
1
6-10
5-10*
6-
tlZMsC
Insurance
Food
6
8714c
1
514%
Ltd., common
preferred (quar.)
Moore-Handley
Corp.
•
Fire
Gas
$1.50
5-20
6-10
$1.06
Quarterly
6-11
6-18
6-10
$1
2c
National
6-11
7-
1
10c
10c
50c
preferred,_.series B (quar.)
preferred series A (s-a)_
R.)
7-
7
20c
_
.Quarterly
5-16
1
7-
125c
common
common
Corp.,
(Wm.
5-28
(quar.)
Welding Machine Co.—
National
3
J25c
convertible
Moore
6-15
preferred
Electric
National
5-20
50c
Co
Co.,
6-30
Quarterly
5-26
6-10
National
6-15
6-15
10c
$3
Co.,
6-
12 %c
(quar.)
60c convertible
?:
5-10'
7-15
7-15
Corp., common (quar.)
5%
preferred (quar.)
National Dru^ & Chemical Co. of Canada—
5-14
20c
6214c
preferred series A (s-a)
$3.25
Moore
Tool
Society,
6-10
-■
6-15
9
40c
Disccunt
12-
35c
$1.75
1$1.1214 '
7%
6-
15c
(quar.)
:
Co.
6-1
National
Products
150c
(quar.)._
(quar.)
Loan
Monsanto
6-
50c
25c
pref.
9
$1.50
$1.75
Exploration
Extra
Louisville
(quar.)
(s-a)
Chemical
$3.50
Monroe
5-27
1
>
~
preferred (quar.)_
Louisiana
6-13
25%
80c
Taylor, 6%
Lorillarri
6-
—
(accum.)
Long-Bell Lumber Co.
Lord
6-30
30c
(quar.)
Co.
$2
Dairy
15c
common—
Knitting Co., Ltd.,
7-
.
National
-5-23
50c
•
(quar.)
9-
97'/2c
$1.083A
—
414% preference (quar.)
6-30
Star
common
RR.,
Ltd.
$1
8% preferred (quar.)
Loew's, Inc. (quar.)______
preferred
$1
55c
Mills, Inc.
Inc., common
(quar.)
s
$2
'
(quar.)
(quar.)
t$l
Ltd.,
Brewery,
Monarch
■:.]
4'A %
A
(quar.)
Co.
preferred
$1
Star Gas Co.
com.
Containers, Ltd._
(monthly).
preferred (quar.)__
(monthly)
6-15
150c
8%
common
76-
Class
Ltd
Birmingham
Common
Lock. Joint Pipe Co.,
Lone
Co.,
Pipe Line,
(Robert),
Mohawk
3
|25c
_
6-15
5-20
&
(quar.)
"
5^3
*12%c
a
___
6-15
7-
5-20
(quar.)___
Common
"Mobile
6-10
J25c
(quar.)
Lone
A
Public Service
(increased)_____
Utilities, common (quar.)
preferred (quar.)_.
5%
B
Extra
Mining & Mfg,
B
3-10-50
5-
5-16
7-
1
25c
$1.25
1
6-
Inc.
City Lines, Inc., common (quar.)
$4 preferred A (quar.)
;
National Container Corp.
(Del.)
(reduced)
National Cylinder Gas Co., com.
(auar.)
1
40c
7-15
National
6-
Missouri
6-
5-16
6-
6-
Missouri
20c
common
(quar.)
8-23
Modern
_
Fibres,
Co.,
Register Co._
A
11-24
50c
Automotive
Biscuit
National Cash
Class
9-10
50c
National
National
5-16
5-20
12-10
v.''
1
5-16
50c
preferred
Missouri-Kansas
50c
(quar.)
(qu.ar.)_;
6-
1
6-12
Milling—
&
(quar.)
6-
Regulator—
5-14
75c
Groceterias,
Extra
;
1
5-24
Alfalfa
preferred
1
.
50c
Semi-annual
Class
(quar._)
6-
4
Little Schuylkill Navigation RR. & Coal Co.—
A
1
5%
;
,
6-15
v; 6-
$1.50
(quar.)
5-14
$1.10
Special
Class
6-
Dehydrating
4-22
1
$1.3714
preferred
5-10
(quar.)___
(quar.)_.
Special
Groceterias
25c
$1.10
Original capital
Special guaranteed
Special guaranteed
Loblaw
5-16
$1.10
Original capital
Original capital
Loblaw
1
National
5-28
6-
$1.25
$1.27
Co
1
6-10
6-
6-10
Corp.
3714c
6-
$1.10
;__
62'/a c
—
87'/2c
»
■____
6-
12c
Nash-Kelvinator
4c
(s-a)—
5-31
5-
8-23
6-30
5c
25c
1
12-15
35c
_—
Light Co. (quar.)
Mission Development Co.
(initial)
Mississippi Glass, common—
4%
preferred A (quar.)
(quar.)
9-15
12-28
11-23
$2
(quar.)
15c
Corporation
(quar.)_
Liquid Carbonic Corp., common
3 Vi %
preferred (quar.)-.—
9-28
$1.50
9-12
(quar.)
Power
$1.50
—
12-12
$4 preferred (quar.)
Minnesota
'
Co.,
.
(quar.)
(quar.)
Telephone Co. (Hawaii)
12c
3714c
quar.)
(quar.)
convertible
Minnesota
5-23
Lionel
RR.
6-
7-1
30c
(quar.)
Miami
6-15
1
12c
.
(quar.)
preferred
preferred
6-16
(quar.)
.
Minneapolis-Honeywell
10-24
$1.75
..
Link-Belt Co.
1
15c
_
Lincoln
7%
11-
6%
6-28
(quar.)
(quar.)
6-20
514%
$1.50
A
9-20
preferred
6-
America—
of
preferred
preferred
6%
6-10
6-11
A
7- 2
7-23
Co.
5-16
6-30
25c
(quar.)
Mutual
1
10- 2
6- 1
$5.10
Chemical
preferred
6%
6-15
25c
6-10
8-1
50c
____
Corp.
•5-12
V;
1
25c
6%
5-14
250
$1.75
Minneapolis Brewing
Minneapolis Gas, 5%
1
6-
50c
(quar.)
(quar.)
A
—
prior preferred (quar.)
prior preferred
(quar,)
Gas Light,
7% pfd. A (quar.)__
Mining Corp of Canada, Ltd. (initial)——
5-20
6-
1
preference
Ring
preferred
arrears)
Milwaukee
2
Mutual
6-20
1
7-
$1
5-25
5-
7-
$1
6-
1
5-10
5-31
convertible
Company
Special
6-
6-10
7-
A
Piston
3714c
6-10
6-
common
all
-
6-15
I5c
Tobacco,
clears
(quar.)
40c
2
7-15
5-31
class
preferred
,__
(quar.)
5-23
1
$2
Muskogee
Inc.
75c
Corp
9-15
50c
$1.75
& Casualty Insurance Co. (Tenn.)—
Quarterly
_________
1
preferred
Co
12%c
(quar.)
(quar.)
10-
Oil
Co., common
Hart,
6-16
4.8%
_2__i_
6-15
Life
Liggett
&
2
?5c
(quar.)
preferredHs-a)
Miller
7-
5-31
4.8%
:
:
Corp.
preferred (quar.)
preferred
Midwest Oil
•
6-10:,
common
quar.)
Abrasive
5-16
$1.18%
(quar.)
Muskegon
The
Co.
non-cum
Mid-West
9 V.
1
4.8%
_____
(initial
6-
6-
Products—
common
8%
$2
Steel
50c
(quar.)
Glass
prefeired
5-31
37'/a c
(qunr.)
common
6-14
$1.18%
35c
15c
60c
Corp
Airlines
Petroleum
40c
(quar.)__
___
Co.,
:6-
SI
Hone
Corp.—
(this payment
pfd.
New
40c
,
1
Oil
Midland
i
(s-a)
Products,
(quar.)_
preferred
6-15
Muskegon Motor Specialties Co.—
5-13
$1.50
(quar.)
Service (quar.)i
Mickelberry's Food
$1
25c
.__
.
.7-
<N.
Public
40c
____.
Works____
—
preferred
5-18
(quar.)
(quar.)
4% %
4
62'/2c
5-21
.
(quar.)
Michigan
6-21
7%c
____
A.
Telephone—
6% preferred (quar.)
Michigan Consolidated Gas—
4-20
6-
(quar.)_
(quar.)
Associated
Michigan
5-16
1?
6-15
30c
pfd.
Preferred
5-14
6-
35c
$1.25
e'/2%
class
Co.,
6-15
5-25
—_—
(quar.)
&
5-15
20c
(s-a)
5-21
50c
1
62 %c
Water
Stern
6-
$18c
Co.
5-15
6-15
6-15
B
t$1.75
Co., common.
(quar.)
Co.
Bridge
6-
"
7-
preferred
6-
(quar.)
common
Brewing Co
Meyer (H. H.) Packing,
37%c
Llbbey-Owens-Ford
Corp.,
Metz
$40c
-
Liberty Fabrics
Thermit
Class
Co. >(quar.)_
Lees (James) & Sons (quar.)
Lexington
&
6-
5-31
5-20
1
Co.,
8114c
6-25
6-10
4%%
C.)
6-
(quar,)
7-
*7%c
_
(quar.)
preferred
35c
(
5-31
(G.
10c
20c
(R.
Co.
partic.
5-23
6-15
6-15
common
6-14,
8
Murphy
$1.62Va
J50c
t$1.12'/2
25c
15c
1
5-13
Brewing Co., common
partic. preferred (s-a)
10c
Corp.,
5-10
6-13
(s-a)
Extra
7%
preferred (quar.)
Metropolitan Edison, 3.90% preferred (quar.)
4.35% preferred (quar.)
—
Candy Shops
(Laura) Candy Shops
Leslie Salt
(quar.)
50c
—
s_^_
Lehigh Portland Cement Co.
Textile
5-31
30c
35c
Co.
(s-a)
6-10
Participating
7-
5-
4
6-10
62'/2c
25c
25c
75c
(s-a)
Paper
$3.25
60c
.
Leather
pfd.
common
preferred A
(quar.)
Co., Ltd., common
preferred (quar.)
Messenger Corp.
12-21
$1
C.)
5%
Co.,
4'/2 %
$1.50
■___
Machine
*_■
61/2 %
9-21
12-28
Stores
;
(quar.)
Telephone,
Supply
Muehlebach
Chapman & Scott—
Mersey
6-22
9-27
preferred
5-31
7-15
50c
$1.0614
50c
Distilling Corp
Mergenthalei Linotype Co
4
6-
(quar.)
Dye
(quar.)—
Merchants
2nd
Producers
6-
5-10
35c
Fuel
5%
5-18
5-31
5-17
lc
Mountain
Mountain
7
6-10
Development
&
Extra
1
6-10
J25c
50c
62'/2c
?50!4c
Corporation, common (quar.)___
6-10
Inc.—
D.)
Savers
Co., Ltd
6-27
Lee
Life
Oil
pfd.
6-15
G.), $4 preferred (quar.)_
Leath & Company, common (quar.) _____
$2.50
preferred
(quar,)
(H:
Frontenac
6-15
6-
4-15
5-31
t50c
43%c
43%c
43%c
(s-a)—
(quar.)_
Mead
6-15
1
6-14
:
(A.
Co., Ltd., preferred
Corporation, common
4'/2 %
preferred (quar.)
7-
$1.12'/a
(quar.)
&
Monotype
Extra
Le
3
10c
.
Secord
6-
$1.12'/2
Company (quar.)..-.
Lang (John A.) & Sons, Ltd. (quar.)
Lansing Stamping
Co
See Secord
1
50c
(quar.)
Bleachery
Lawrence
7-
50c
Lane-Wells
Lanston
7-1
6-30
(L. M.)
$2
.__
common
H.), Inc.
Bryant,
McBrine
5-24
1
'
convertible preferred
1
(quar.)
(quar.)
Mines,
Sessions
iM.
5%
6-
25c
Mines,
Gold
Lamston
preferred (JL947 series)
(quar.)
Manufacturing Co., common
(quar.)
McAleer
5-14
6-
$1.50.
(quar.)
Superior District Power, com. (quar.)_
5%
preferred
l quar.)
5%
convertible 2nd preferred
(quar.)
&
$3.75
5-16
5-31
1
(quar.)
25c
Lake
Lam'aque
3
ii
preferred
6-
6-28'
$1.12'/2
7%-. preferred
(quar.)
Lake Shore Mines, Ltd.
Lamson
6-
(quar.)
$3.75
McClatchy Newspapers 7%
7% preferred (quar.)
7% preferred (quar.)
_
Ltd. (interim)
Woods Milling Co., Ltd.—
(quar.)
Common
5-16
______—
6-24
(quar.)
common
Christy Co.
the
3
(quar.)
5-14
_
<B.)
Dufault
6-
(quar.)—
May Department Stores, common
$3.40 preferred
(quar.)
.
Mining
12c
37'/2c
U2l/2c
25c
75c
85c
93%c
93%c
10c
12'/2c
Ltd.__
Mines,
1
_
(quar.)
Co
preferred
of
5-14
25cv
(quar.)
Industries,
Lake
6-1
1
Co.
Conveyer
Maxwell, Ltd.
Maytag Company
5-25
6-
Consolidated
10c
(quar.)
common
& Co.,
semi-annual
Lake
6-10
6-15 y
35c
$1.12%
$1
20c
(quar.)__
preferred
conv.
1
40c
(quar.)
Oil,
25c
$1.50
(quar.)
A
Company,
Kuppenhcimcr
France
6-
Corp.
Diablo
5-31
t25c
f62'/2c
(quar.)
7-1
(quar.)__
(Calif.)com.
A
preferred
Reduced
Mathews
6-16
37'/2c
preferred
1st
1
6-10
Co.,
4%%
Kroger
Matachewan
5-24
Wheel
6-
50c"
(quar.)
common (quar.)
preferred (s-a)
$1.25 convertible
Master Electric Co.
1
Holdert
20c
3
6-15
10c
—*
$1.50
(quar.)—
(quar.)
Company (quar.)
&
Mfg.
4%%
1
3
25c
Company
H.)
66-
1
—
(quar.)____
common
Ltd.,
Massey-Harris,
6-15
30c
Company
(S.
(S.
Realization
Corporation
6-10
(accum.)—
(quar.)
preferred
5%
Mar-Tex
Masonite
6-20
25c
(s-a)_
Corp,
Knudsen Creamery Co.
Koehring
5-31
6-15
6-10
6-30
*15c
6'Ac
____
B.)
pfd. (quar.)_
—
Corporation,
1
7-
20c
$1.18%
75c
—
(quar.)
Company,
non-cum.
Laura
6-15
7-
(quar.)
Kinney Manufacturing Co.,
(I.
(quar.)
conv.
Co.
5c
Products
Kleinert
Inc.
414%
Shirt
6-30
6-
(quar.)
.
(quar.)—:———-
preferred
(G. R.)
Extra
& Co.,
Company,
—
Marathon
$1.12%
15c
(quar.)
Kingsport Press, Inc. (quar.)
King-Seeley Corp.. 5% conv. pfd.
Kingston
Maltine
Mount
6-
6-17
25c
40c
25c
$1.06V4
35c
$$3
J25c
35c
$1.25
—_
Company—^
C.)
Mallory (P. R.)
5-13
(quar.)
5-21
com.
Kimberly-Clark Corp., common
4%%
preferred (quar.)_
4%.' conv.
'
(R.
Motor
6-15
6-15
$50c
_______
5-21
=
Wire
&
5-13
1
Company
Co
1
Ltd.• (interim)
Mines,
Industries,
Steel
Macwhyte
Paper
1
Keyes Fibre, 6.% prior preferred (quar.)__-_
$6 preferred
(accum.)__——
Keystone
1
6-
25c
(quar.)_
preferred
conv.
Lanett
6-
&
Power
6-15
6-15v
7-
Mills
Payable of Rec.
lc
1
7-15
t$1.25
6-
__
(quar.)
i
Gold
Kerr-McGee Oil
Maclaren
5-30
6-10
10c
_
Kerr-Addison
Lane
2
v
7-
Paper
When
-
Share
»
Extra
(quar.)
preferred
Per
Name of Company
Ltd.—
Co.,
6-
_
County Land
4%
6-
6-10
5%
25c
Utilities Co., common
preferred
(quar.)
4%%
La
3
1 V
Steel
Structural
$50c
—
Organization,
Extra
6%
6-
7-
-
<
5-21
(quar.)
Kentucky
Kress
Macklnnon
1
(quar.)_•
preferred, (quar.)
Kresge
6
!
$3
12%c
$1.12%
25c
_
of
Kent-Moore
$6
5-
7-1
Holdert
Mosinee
65c
$3
15c
V2C
Lynchburg & Abingdon Telegraph Co. (s-a)_
Lyon Metal Products, common (quar.)
M. J. & M. & M. Consolidated (s-a)
v $3
—
(quar.)
common
Canada, Ltd.
Company, common
Kendall
Kern
6
10c
(Julius)
$4.50
6-25
5-
6-
Extra
Kayser
1
1 i*2t
(quar.)
Manitoba Sugar, 6%
preferred
Maple Leaf Gardens, Ltd
(s-a)___~——
C
$4.50 preferred (quar.
Kawneer Company (quar.)
Kelvinator
5-27
—
7-
.
When
51
(2359)
Payable of Reo.
^ y /v
$1.06
t25c
:
(Walter M.), Ltd—
& Sales Co
$3
prefeired
Share
'
Ludlow Mfg.
Manhattan
(s-a)
preferred B
non-cum
6 % * n'on-cuin,
41/4%
Lowney
5-31
6-10
95c
$1
—
(quar.)__•__
Oklahoma & Gulf Ry. Co.—
preferred
6
7-18
Mahon
preferred
Kansas,
6-
1
6-10
Light—
(quar.)_L
preferred
6-20
8-
80c
15c
-—
Co.
/
„
(M.) & Sons, Inc.—
preferred (quar.)
7-
$1.25
Vegetable Parchment
City
•
,iquar.)._
Joy Manufacturing (quar.)_:
,
,
Lowenstein
20c
-
(quar.)_
CHRONICLE
Per
Name of Company
-5-25
1
65c
5%
(quar..)___
dividend
preferred
.
$1.25
60c
93 %c
40c
25c
__.
Oil Refining Co.
(quar.)
Laughlih Steel Corp., com.
&
5%
Johnson
&
Johnson
Jones
6-
FINANCIAL
.
Payable of Reo.
-i * Share
.
.
Holdert
When
Per
Name of
Jantzen Knitting Mills, 5% pfd. A (quar.)__
Jewel Tea Co., common (quar.)_____
—
&
COMMERCIAL
THE
Number 4807
Co.
Co.
6-10
5-17
25c
(quar.)
6-
5-20
4
15c
(quar.)
6-
1
6-15
6-
1
5c
Co
Ogilvie Flour Mills, Ltd., common
7% preferred (quar.)
6-10
20c
Co.
Manufacturing Co.
Oil
15c
(quar.)
(quar.)
—
10-
1
9-15
*2 5c
7- 2
5-26
*$1.75
6- 1
5-
4
52
Per
Name of Company
/
Share
-
Match
Ohio
Oil
Company
Preston
6-15
5- 3
Price
6-15
5- 3
Provincial
$1.12Va
6-1
5-5
Public
Electric
Public
Service
(quar.),,,
Ohio
Power
Co., 47a %
Ohio
Public
Service
Common
preferred
(quar.),,—
Co.—
28c
Seamless
Tube
Co
6-20
6- 3
7- 1
6-15
50c
6-15
Public
37Vac
6-30
6- 3
6-10
5-16
Public
—
Ohio Water Service Co
—~
(quar.)—
America—
567»c
Quarterly
*
Industries, common—,—————:—
4% preferred A (quar.)
—
Oliver
Corporation
(quar.),
20c
20c
$1
50c
Ohrbachs, Inc., $2.25 preferred A
Line
Insurance
Life
Co.
of
-
Products,
7-15
8-15
7-15
Extra
7%
preferred (quar.)
O'Okiep Gopper Co., Ltd.—
_
shares
American
Oshkosh
B'Gosh,
557ac
(reduced)
Inc.,
(quar.)
com.
(quar.),
Light, Heat & Power, Ltd.. common,
preferred (quar.)
Ottawa
Tail
Power Co.
preferred
$3.60
Oxford
Paper,
Pacific
Mfg.
&
American
Co
$5, preferred
Investors,
Atlantic
&
Pacific
Finance
Corp.
Pacific
Gamble
Robinson
All
Lighting
Telegraph
California
of
50c
40c
(s-ai
Co.
(quar.)
25c
97c
(quar.)
pfd
$5
6-10
5-20
6- 1
5-20
6- 1
5-20
7- 1
6-15
6-20
6- 7
7- 1
6-10
7- 1
6-10
6-10.,,.5-16
6- 1
5-16
5-25
5- 3
6- 1
5-14
9th
June
on
the
Pacific
Lumber
Pacific
Mills
$100
per
Machinery (quar.)
Co., 5% preferred (s-a)
Tubes, Ltd
Panhandle Eastern Pipe Line, com. (quar.),
preferred
4%
(quar.).
Pictures
Paramount
Parker-Rust-Proof
Parkersburg Rig
$4.25
—
(quar.)
62V2C
.
Reel Co.,
25c
$1.06'/»
common
preferred (quar.),,,
Transportation Co.
Parmelee
(quar.)
,
preferred
(quar.)
(quar.)
Co.
Patterson-Sargent
Peabody
Coal Co., common,
prior preferred (quar.)
Peerless Cement Corp.—-_—
1
6%
conv.
Penick
&
Ltd.
Telephone,
20c
5-20
5-20
5-20
6-17
Common
(quar.)
Common
(quar.)
preferred (quar.)
preferred (quar.)
$1 cum. preferred (quar.)
$1.32 cum., preferred (quar.)
•_—__
$1.32 cum. preferred (quar.)
:
$1.32 cum. preferred (quar.),,,,—
$1
cum.
$1
5-17
6-15
6-15
6- 1
6-1
6-14
6-14
7- 1
10- 1
1-1-50
8-15
11-15
2-15-50
8-15
11-15
2-15-50
7- 1
6-15
5-31
5-31
5-20
5-2
5-2
6- 1
5-27
6-15
9-15
12-15
8- 5
11- 5
2- 3
8-5
11- 5
2- 3
6-10
5-31
6-1
6- 1
6-15
6-21
5-1
<5- 1
6- 1
6-10
25c
(quar.)
common
6- 8
*20c
435c
50c
20c
317»c
40c
62V2C
62»/2c
Ford,
Peninsular
cum.
.
(J. C.) Company (quar.),,—
Pennsylvania-Dixie Cement Corp. (quar.)—
Penney
62Vic
25c
25c
25c
33c
33c
33c
50c
25c
6-1
preferred B (quar.),,
4
3.70% preferred C (quar.)
Pennsylvania Engineering Corp
Pennsylvania Exchange Bank (N. Y.)
Pennsylvania Salt Mlg. Co.
4.40%
$1.10
92V'aC
20c
(s-a),
State
Machine
(The)
&
5-11
56c
6- 1
5-14
$2
6-15
6- 1
6-
6- 5
5-22
5-20
(quar.),
1
(quar.)
6- 1
6-15
5-20
25c
pfd.
7-
1
6-10
7- 1
6-10
$1.75
$1.12 Vi
(quar.)
6- 7
40c
(quar.)
Extra
Petroleum
6-10
5-13
6-10
5-31
6-10
5-31
&
Trading Corp.—
$1 partic. class A (interim)
Pfaudler- Company (quar.),
25c
6-30
25c
6-
1
5-20
Pfeiffer
50c
6-30
6-10
50c
87Vic
6- 8
6-30
5-27
Pfizer
Brewing
Co.
(Charles,
&
(quar.)__■_____
Co.), common
(quar.),,,
372%
preferred (quar.)
Phelps Dodge Corp
Philadelphia
$1
si
(quar.),,
common
(quar.)
6-15
6-30
6-30
6-20
6-10
30c
25c
•
Electric Co.,
preferred
5-24
6-
1
6-
>
1
Quarterly
$1.50
Pickle
Crow
Mines, Ltd.
Inc., common
6-
1
5-16
20c
6-
1
5-11*
75c
tlOc
iquar.)
Co.,
50c
6-
1
5-11
6-1
5-6
6-30
5-31
6-
5-12
1
Inc.,
7-
7-1
6-1
15c
(quar.)__
common
7-15
10c
common
474% conv. preferred (quar.)
Pittsburgh, Bessemer & Lake Erie
6%
5-16
$1
Petroleum
Pitney-Bowes,
5-20
1
917»c
(quar.)
Gold
Pillsbury Mills,
$4
preferred
Pioneer
Co.
common-
4
6-
25c
Extra
Philadelphia Suburban W'ater Co.,
$3.65 preferred (quar.)
6-
25c
Philadelphia Suburban Transportation—
Quarterly
Petroleum
6-13
5-28
7-
6-20
53VaC
1
$1.50
6-
1
6-
1
Pittsburgh Coke & Chemical Co.—
preferred
Pittsburgh
Pittsburgh
$1.25
Forglr.gs Co
& Lake Erie RR.
75c
(quar.i
Potash
Co.
3.60%
Potter
A
pref.
Steel
of
Corp.
Power
preferred
&
1st preferred (quar.)
Hosiery Mills,-common (quar.),.,*
preferred (quar.)
—
.
preferred (quar.)
non-cum
5%
Owl
!
(quar.)
(reduced)
____
Co.
(Phila.)
(s-a)
(111.)
*
$4.50
preferred
Renold
A
Simpsons,
(quar.),
Skelly
7-1
6-8
7-
1
6-15
Republic
Pictures
7-
1
6-15
372%
10-1
9-15
10-
1
15c
8-
1
15c
prior preference
Resistance
Revere
Welder
A
9-15
,
preferred
Reynolds
Metals
Co.,
Reynolds
(R.
J.)
4.50%
preferred
.
Rheem
Manufacturing Co., common
preferred
(quar.)
Dry Goods Co.—
7%
1st preferred
(quar.)
7%
1st preferred (quar.)
7% 2nd preferred (quar.)
7% 2nd preferred (quar.)
Richfield Oil Corp. (quar.),,!
:
6-10
South
7-
6-10
Southeastern
Southern
Southern
>7-1
6-15
6-10/
6- 1
6-
1
5-10
8-
1
7-11
1
6-15%
7-
1
W
6-15
Robertshaw-Fullon
Controls,
convertible preferred
A
Ltd.,
preference
com.
preferred
4%%
Rock
series
preferied
of
Ages
F
(initial)
G
1
5-23
preferred
Water
Co.
common-:—
25c
Indiana
Gas
——
Electric
&
Co.,
com.,
0-15
6-15;%
Southern
Natural
9-18
Southern
Pacific
6-15
5-25
6-10
6-
1
6-10
6-
1
5%
6-15
6- 3
6-15
5-18
47i%■
6-10
5-23
5%
Southern
Union
6-10*
6-10*,-
Southwestern
1
5-13
6-
7-15
conv.
5-31
5-31
6-15
5-13
$1.25
$1.25
6-15
5-13
I7V2C
6-15
6-
6-15
6-
6-15
6-
1
6-15
6-
3
(quar.),
$1.0674
$1.25
20c
30c
6-
1
5-20
—
(quar.)—
Electric
Investment
25c
6-
1
5-20
25c
25c
6-
1
5-20
6-
1
5-20
—
Service
Co.
Co.,
(quar.)—
com.
(quar.)
sinking
preferred (quar.)
fund preferred
Southwestern Life
(quar.)
Insurance
(Texas)
Quarterly
6*>
1
Southwestern
Public
Service,
9-
1
Southwestern
States
Telephone
1?-J5
40c
—
7-
1
7-
1
6-
1
8-15
1
1
7-15
7-13
50c
1
5-16
1
5-14
7-
1
6-15
6-
8
$1.50
_
6-
10c
25c
(quar.)
6-
20c
common
Co.
9-15
—
—
6-15
12- 1
6-13
6-20
$1
(quar.),,,
preferred
5%;
8-
50c
—
(quar.)
common (quar.i
9-15
common
(quar.),,
.
25c
-
preferred (ciuar.)
Spear & Company, 5% 1st preferred
6-15
6-1
5
6-15
6-
2nd
preferred
Speer Carbon Co
5%
5-13
$1
(quar.), *$1.0674
:—
convertible
6%
6-15
6-15
6-
8
6-
1
5-16
6-
1
5-16
13
Spencer, Kellogg
Sperti Foods, 5%
$1.37 72
$1.3772
HVaC
(quar.)
(quar.)
—>
25c
6-11
6- 2
15c
6-11
6-
50c,
6-20
6-10
25c
6-10
6-
1
Inc. (quar.)
preferred (quar.)—,.
Spiegel, Inc., $4.50 conv. preferred (quar.),
Springer Sturgeon Gold Mines, Ltd
Squibb & Sons, common (quar.)
$4 preferred (quar.)—
$4 preferred A (quai\)
6-10
6-
1
Staley
50c
pfd.
6-15
6-
8
1
quar.)
1
(quar.)
(quar.)
2
6-15
5-20
$3.75
6- 1
6-1
5-17
Standard
$1.1272
25c
1
6-10
5-31
5-20
*$1.06
75c
7- 1
6-10
6-9
5-20
1
5-11
5-14
(quar.)
$1.50
6-
6-15
6- 1
5%
conv.
preferred A
vtc
$1.25
9-15
5%
conv.
preferred
vtc
(quar.)
(quar.)
$1.25
12-15
9- 1
12- 1
Co.—
15c
(quar.)
Loan
$1.10
Association,
prefer)ed
5-25
6-10
5-13
6-
5-21
1
I
6-15
6-
*3c
25c
7-
5
6-15
6-13
5-25
$1
8-
1
7-15
$1
8-
1
7-15
$1.12 72
Standard Brands,
Insurance
5-27
6-20
6-10
3
5-23
(Detroit),
Co.
36',4C
6-
30c
8772C
6-15
5-13
6-15
6-
40c
6-
1
5-16
(quar.)
common
6-6
40c
94c
(quar.)
Accident
—
$3.50
preferred (quar.),
Cap & Seal Corp.—
$1.60 conv. pref. (quar.),^———
——
1
Standard
Chemical
Standard
5%
flOc
6-
1
4-29
*$1.25
6-
1
4-29
(quar.).
$1
7-
1
6-29
(quar.)
40c
6-
1
5-29
Co., Ltd.,
(quar.),,—
preferred
common
Standard
Dredging Corp.—
convertible preferred
$1.60
Standard
Oil
Co.
of
Oil
Co.
(Indiana)
6-1
5-4
Standard
7-1
6-3
Standard
Oil
Co.
Standard
Oil
Co.
•'
6-15
^
__—__—
Standard-Coosa-Thatcher Co.
(guar.)
50c
1272c
'
7-
$1.25
series A
Common
6-15
(quar.)
Remedial
Sons,
conv.
—
20c
Ry.
A
&
Manufacturing Co.—
E.)
(A.
3772C
112V2C
preferred A vtc
1st pfd.
6-15
1
$1.20
$1.25
Francisco
(increased
6-30
$1.25
(quar.)——,
$1.25
Corp.
Francisco
5-23
37V2C
(quar.)
Gas,
preferred
7-
$1
Gas
preferred
7- 1
conv.
Ltd.,
5-23
preferred
non-cum.
Southwestern
5%
Common
5-23
1
6-1
Railv/ay Co., common (quar.)
5%i-non-cum. preferred (quar.),,,
Works—
Paper
1
6-
(quar.)
Co.
(quar.)
.
Regis
6-
26V2C
34%c
Southern
preferred
(quar.)—
Safway Steel Products, Inc. (quar.)
Saguenay Power Co., Ltd., 474% pfd. (quar.)
St. Joseph Lead Co. (irreg.)
St. Joseph Water, 6% preferred (quar.)
Louis-San
8IV4C
•
Sparks-Withington Co.—
(quar.),,,,
Inc.
28 VaC
(quar.)
preferred (quar.)—
preferred (quar.)
6-15
Rowe Corporation
(quar.)
;
Roxy Theatre, Inc., $1.50 preferred (quar.),
Royalite Oil Co., Ltd., new com. (initial)
Ruppert (Jacob) 4 72% pfd. (quar.)
San
5
6-
California
'
(quar.)
1
Rotary Electric Steel Co.
St.
5
7-5
preference
1
5-14
5-16
7-31
convertible
4.8%
6-1
5-17
7
5
7-
(initial
Industries
1
7-
25c
Brothers,
Ross
6-
7-31
$1.25
(quar.)
__i,
Roos
1;
28C
Sovereign Investors. Inc
Spalding (A. G.) Brothers (quar.)
Art
common
5-16
6-
$1.1272
convertible
5-13
Company,
Extra
5-31
30c
5
5-17
Ronson
St.
40c
(quar.),—;
1
Paper Co., Ltd., 474%
New
5-14
6-
preferred
6
Rolland
Metal
5-31
preferred
6-
prior
A
1
6- 1
75c
common
6-
series A preferred
Haas
6
6-
6-30
6-30
Edison,
30c
5%
preferred
5-
6-30
31V4C
—
25c
5%
&
(quar.)>_
25c
&
common
4%
/ 6-10
(quar.)
25c
Company,
preferred (quar.)
Rohm
5-21
1
25c
Paper—
&
25c
preferred
6-
15ct
(quar.)
1
$1.18%
(quar.)
6-10
10c
7-
$1
5-13
5-13
6-30
50c
27c
Southern
1
5-20
1
(quar.),
—
preference
(quar.),—
cum
Southern
5-16/
12-10
6-10
1
,
4.56%
6-15
12-20
6-
(quar.),,
Lines
9-10
6-
WPrks
Bag
9-20
$1.05
(quar.)
(quar.)—
Co.
6-10
877sc
—.
10-
1
1
6-20
"
—
California
6-15
6-
a
6-
'
50c
Carpet Co.—
Sons
Greyhound
4.88% fcum.
47»%
572%
6-30
5-
2
'6-15'
50c
(quar.)
Oil Co., Inc.
Pulp
5%
Mfg. Co.__
Rockwood
Iron
50c
common,
6..
5
4%
1
5-16
6-1
6-
5-26
20c
5-25
5-16
7-
5-10
29Iic
*20c
*25c
5-25
6-14
$2.50r
30c
5-16
6-14
•
9
5-19
;>/6-:17;
977aC
6d
Quarterly
Quarterly
Rockwell
iquar.)
com.
$1
(quar.)
series
Corp.
50c
9
5.
5-
6-
10-1
5-
6-15
$1.50
25c
(quar.)
1
6-15
*$1.12 Va
(quar.),,,
30c
(quar.),,
1
6-
5-31
6-15
50c
(quar.)
6-
60c
—
preferred
4.32%
Rochester Gas & Electric—
4%
*30c
—
; 30 Vic
6-10
$1.75
Antelope Copper Mines, Ltd. (interim)
Robertson (H. H.) Company (quar.)
5-16
7-31
1
$1.75
Roan
1
6-30
7-
1
6-
6-
50c
6-10
1
1
6-10
50c
1
$1.75
6
5-23
(quar.)
7-
7-
6-
6-1
participating original preferred (quar.)
5%
7-
$1.75
Paper : Corp.
(quar.)
Riegel Textile Corp., com. (quar.)__
$4 preferred A (quar.),,
Class
&
&
Advance
474%
Rice-Stix
4%%
Steel
Bend Lathe
40c
$1.1272
(quar.)
4 V'2 %
2
6-
*$1.25
(quar.)
(quar.)
Corp., common (quar.)
convertible preferred A
$1.1272
-
7-
Sonotone
90c
(quar.),,,,
6
*$1.25
4.48%
(quar.)
6-
-
Socony-Vacuum
Tobacco—
preferred
1
2
Co
(quar.);
(quar.)
Smith, Kline & French Laboratories (quar.i
Smith IT. L.)4 6% preferred (quar.)——
7- 2
25c
,
6-
7-
Corp.—
preferred
Soundview
25c
(quar.)
6-45
Co.—
4.20%••'; preferred
6-10
2
1
6-15
*15c
—
50C
1
$1.37V'2
common,,
5-17
75c
(quar.)
7-
$1.3174
Inc., common,
(quar.)
convertible preferred
3.60%
7-15
1
$1.50
,
Corp.,:
Copper & Brass,
5V'*%
572%
7-15
5c
(quar.)
5-17
1
50c
<fe
(Alexander)
25c
Extra
1
1
6-
Quarterly
25c
Republic Steel Corp., common (quar.i,
6-
6-
~
25c
(accum.),,
6-15
25c
Quarterly
$1.25
preferred
2bc
627ac
—-
Publishing
Steel
&
Sioss-Sheifield
Corp.—
convertible
6%
8-
1
50c
Common
*5c
Investors Fund, Inc.—
preferred A (quar.)
preferred B (quar.),,,,
6%
1
6-
(quar.)
Co
6-8
«
Republic
6%
6-
6-15
Inc.
7-1
*27c
Extra
«
Oil
Smith
,
1
6-15
Ltd.—
City Gas & Electric Co.,
preferred (quar.)
6-15
*5c
A
6-
25c
3.90%
,7-1
*28c
6-15
$1.50
Sioux
$1.127a
(quar.)
6-29
25c
(quar.)
472% preferred
Singer Mlg. Co. (quar.),,,,
26c
(quar.)
A
Ltd.,
37V2C
Extra
Class
Saudi
$1
&
6-
1
5-20
6-
2
6-27
6-
2"
5-31
5-24
6-
1
5-14
6-
1
5-14
ZV/zC
6-
1
5-14
6-
1
5-14
Fisher
22'ac
6-30
6-
7-1
6-6
6-15
6-
6
1
Brick
Lock Co.
Paper Co.,
$3.40
6-23
s-a)
Arabian Mining Syndicate, Ltd
Sayre
Co
6-30
6-15
10c
6-30
5-23
5-16
Standard
California
$1
(quar.)———
6-10
5-19
50c
_____
(increased qua?.)
(Ky.)
of
(quar.)
6-10
5-11
50c
Jersey (Increased)
share for each 200
6-10
5-31
$1.50
—
New
held)
1
7c
(quar.)
50c
common
preferred
Scovill
(quar.)
627>c
(quar.)
Manufacturing
85c
preferred
(initial
3.65%
preferred
Air
Line
quar.).
Sears
Oil
Lines,
12%c
6-15
6-
*50c
6-15
5-25
6-15
5-25
4%
Second
RR.
Co..
5-31
Secord
5-19
Securities
(Laura)
1
5-10
5%
1
8-10
Security
1
11-10
25c
$1
1
5-13
6-
1
5-13
6-
1
5-14
6-
1
6-10
4-22
&
Co.
3%%
5%
preferred
$2.50
4-22
Candy
A
Co..
(quar.)
common
common
25c
6-
5-11
Co.
Co.
5-1!
25c
6-10
5-2i
25c
(quar.)
(reduced)
Ltd., class A
1
7-
1
6-1!
8-
1
8-
1
7-1
6-10
5-21
* 15c
(quar.)
(quar.)
*10c
Supply Co
15c
,
7-1
Lithograph
Corp.,
preferred
(quar.)
$1.25
preferred
(quar.)
$1.25
9-30
9-1
preferred
(quar.)
$1.25
12-31
12-1
6-15
6-
1
6-10
5-12
6-10
6-
6-
1
5-16
6-
1
5-16
6-1
5-9
7-
6-10
1
Sterling
Stern
*20c
&
472%
Stix,
12V/2C
317tC
(quar.)
6-2
(quar.),.
5%
tlOc
Ltd
Shops,
Corp.,
(quar.),
—
7-15
5%
Trust—
(quar.)
6-10
5%
9
*10c
Investment
Banknote
B
Fuel
50c
93 %c
(quar.),,
Spring
Stanley Brock,
7-
1
1
6-10
25c
6-
1
5-18
25c
6-
1
5-18
Drug,
Stone
<fc
Stonega
Inc.
Stern
&
Webster,
Stuart
Class
(D.
A
A.)
6-
1
5-1
56c
(quar.)—
7-
1
6-1
25c
6-10
5-3
50c
Co.,
_______
Ltd.,
Oil,
Ltd.,
_
class
Clothier, $5
partic.
—
Inc
Coke & Coal Co._
Strawbridge &
6-1
50c
(quar.)
(quar.)
Fuller
Screw
6-30
6-15
6-
Textiles,
preferred
Baer
Stowell
preferred
Steel
Stoker
6-10
(quar.),,
common
Railway Equipment Mfg.
Standard
Class
A
9- 9
12-
50c
(quar.)
(Ohio),
6-10
6-30
9-30
12-31
40c
(quar.)
Inc
Acceptance
preferred
Co.
preferred
Standard
State
(for
2%
Oil
5-14
I2V2C
(Del.)
iquar.)
partic. preference
1
6-
*25c
$1.25
Canadian
6-30
6-
1
dividend
Stecher-Traung
Common
1
8-
5-27*
7-15*
$1.25
Co.
Roebuck
Sea train
$1.0772
*3174c
preferred
Seaboard
6-13
6-10
917»c
common
preferred
5%
6-15
Stock
Standard
(quar.)
Scythes & Company. Ltd.,
5%
preferred (quar.)
5%
6-
Co.—
4.30%
9-
6- 3*
1
Coventry Ltd.,
Class
6-
(resumed 1
7-
Saw
Skllsaw
preferred (quar.)
Remington Rand, Inc., common
class
redeemable preferred
5%
—
3V'2%
7-29
25c
& Son, Ltd., common
(H.)
Simonds
5-20
12-
com.
Simon
6-15
25c
America,
6-15
5-31
6-17
25c
_.
5-30
*25c
6-15
1
50c
25c
of
(quar.)
Insurance
Common
Metals
Inc.
Manufacturing Co.
Common
Pressed
7-
6-30
Company
7-1
9-1
12-1
Scott
15c
i
7-1
pref.
(Franklin):
Simon
6-30
*40c
*40c
Schlage
(increased)—*45c
Inc.
v
Simmons
$1.13%
—_
5-16
8-15
11-15
5-17
30c
Ltd
Corp. of Canada, Ltd.
(quar.)
A
6- 1
*40c
Prentice-Hall,
pfd.
5-31
6-15
54V4C
5-19 >'
5-24
6-15
*40c
5-17
45c
:
(increased)
Co.,
$1.25
6- 9v
Ltd.,
Dairies,
(quar.)
preferred
conv.
35c
4%%
Co
Bit
non-cum.:
Seaboard
.r
5%
$1.60 non-cum.
1
35c
(quar.)
(quar.)
15o
$1.75
Mills, Ltd.
preferred (quar.)
preferred (quar.)
non-cum. preferred
(quar.)—
'
1
37V2C
(quar.)
Co.
50c
_______
Stores,
Roller
6-
50c
Extra
Power
;
7%
6-
25c
Alexander, Inc.
River
Powell
1
3
7V2c
(quar.)___
America
Company
Powdrell
6-
*25c
*
(quar.)
Electric
Potomac
*
4%
6-10
25c
*25c
..
—
Simmons-Boardman
$3
Real Silk
,5-13
2
6-
,»
.
,
1
7-
*15c
5-14
50c
37V2C
1
6-
Ltd.
6-10
(quar.)
(quar.)
.
$1
*40c
Silknit.
1
$2 pfd.
Company
Inc.
Co.—
6-17
_______
1
6- 1
9-2
1
Reading
5-31
1
(quar.)
(quar.)__
76-
Rayonier,
Ray-O-Vac
5-20
(quar.)
Western
__
6-15
5-25
6-10
B
Silver,vood
(quar.)
1
1
7-
Royalties Co., class A (quar.)
Class B (quar.)
Signode Steel Strapping Co., common (quar.)
5%
preferred (quar.),
5-31
$1.75
Company, class B
Portsmouth
6-
6-15
Ry.—
Development, Ltd. (s-ai
Plymouth Oil Co. (quar.)
class
10-
76-
Signal
6-13
$2.50
preferred
$1.50
93%c
Class
class A
Gas,
&
37%-c
$1.37%
Placer
&
6-13
S2
Pittsburgh, Youngstown & Ashtabula
Poor
(quar.)
6-
1
1
Oil
Dairies,
4.40%
5-27
25c
Pittsburgh Steel, 5% pfd. A (accum.)
5l/2% prior preferred (quar.)
Plywood, Inc.
6-10
6-13
2
59%c
$1.25
30c
—
Signal
Silvcrwood
•
5-20*
6-11
25c
(irreg.)
Pittsburgh Metallurgical Co
7%
5-14
'
(quar.)
Pittsburgh Consolidation Coal Co.
1
RR.—
preferred (s-a)
$5
7-
50c
Extra
Philadelphia, Germantown & Norristown RR.
Phillips
6-15
5%
Inc
Exploration
25c
25c
Petroleum
5-31
40c
*2c
Robinson Little & Co..
$1.12V2
(quar.)
7%
common
preferred
Paul
Peter
5-31
6- 1
20c
Gear,
Company
Milk Company,
4 Va %
preferred
4Vs>%
Corp..
Perkins
Permutit
6-15
$1.75
$1
preferred
Perfex
40c
30c
Water; $7 pfd. (quar.),
Pennsylvania Telephone Corp.—
$2.25 preferred
(quar.)
Peoples Telephone, common (quar.)
4V'2%
$1.50
6-10
5rl6
5- 2
5-27
Riegel
Pennsylvania Electric Co.—
Pennsylvania
60c
1
6-1
1
5-20
6- 3
6-24
6- 1
6- 1
6- 1
6-28
*5c
Manufacturing Co., Ltd., com.
7%•
7-
7-
6-15
$$1.73
—
Breweries, Ltd. (quar.),—,.
Sigma Mines, Ltd. (Quebec)
6-15
$1
Interim
Paton
Sick's
6-10
Gold Dredging, l td.—
Pato Consolidated
5- 4
93%c
1
(quar.),,,,
Ltd.—•
preferred
25c
6-15
50c
—
Co.
&
,
pfd.
4'In
of Canada,
5-4
Knitting
7- 1
$2.50
*45c
Page-Hersey
Co.,
1
$1.60
$L60
SI
40c
Pncolet Mfg.
Sherwin-Williams
6-
common
7-
5-25
6-10
.
(quar.),,
6-1
(quar.)
5-27
.
25c
(quar.)
5-25
6-14
3174C
(quar.),,,
—
preferred
35c
Regent
75c
$1
(quar.)—
convertible
Sherwin-Williams Co.
7%
6-15
40c
Hoist
25c
(quar.),
Electrotype (quar.),
Packing Co.,,——
Raybestos-Manhattan, Inc.
5-10
5-20
5-14
6- 1
5-20
6- 7
6-15
5-27
&
America—
of
Corp.
Rath
Bros.,
6- 1
6-15
6- 1
6-15
7- 1
6-15
$1
Crane
(quar.)
Shoe Corp. of America class A
Reliance
Company
Sheraton
pfd.
5-18
(quar.)
preferred
Co.,
Reeves
redemp¬
share plus
Package
Pet
3%%
Shepard-Niles
5-31
,
22c
(quar.)
com.
Water, 5%
(quar.$1.25
Bakeries Corp.
preferred
preferred
Products Corp.,
preferred (quar.)
5-31
6-15
,;
5-25
6-15
Corp
6-10
Reliance
at
45c
$1.18%
(quar.)
e-15
15c
(quar.)_,___———
Manufacturing
$1.25
6-21
25c
(quar.)—
50c
preferred
6-15
6-15
7- 1
7- 1
6- 1
6- 6
6- 9
pfd.
—■
Reed
dividend.
above
$4.75
A
Shenango Valley
5-16
6- 1
6-15
1
—
class
4%%
7-
Inc
class B
Shellmar
6-
6-30
6- 1
40c
87V2C
Hampshire,—,,,,
Inc.
Purina
90c
Holder$
Payable of Reo.
10c
25c
Shares,
Corporation,
Rapid
unexchanged shares called for
tion
New
Quaker Oats Co., 6%
Quaker State Oil Refining
Quebec Manitou Mines, Ltd
Red
3772C
Pacific
Pacific
(quar.)
15c
37'/2c
$1.12 Va
$1.50
*15c
*$1.25
37VaC
90c
35c
$1.25
(irreg.)
(quar.)
common
Ralston
1
35c
(quar.)
of
conv.
6-
6-30
American
Extra
5-13
5-13
1
6- 1
5-16
6-1
:
40c
common,
Indiana, com.
Co.,
Purity
Inc.—
(quar.).'
pref.
$1.50
(Minn.), common—__
(quar.)—,
Marine
Outboard
,
Co.,
(quar.)
Oil
1
Scrrick
Shelter
Industries,
3%%
$1.50 preferred (quar.)
Oswego Falls Corp., 4 Ma % preferred
Otis Elevator Co. 6%
pfd. (quar.)
Otter
6-20
9-20
5-2
7-15
8-15
(quar.)_
com.
of
Co.
6-
$1.10
preference
Co.
7-1
6-15
$1.0674
Gas
&
Inc.
5%
7- 2
10- 2
6-1
8-15
—
Selected
Colorado—
Pure
t25c
*25c
*$3
*25c
-*$2
*50c
$1.50
(s-a)
(quar.)
(quar.)
preferred
Publicker
*$1.75
Ltd.,
of
pfd.
4%
pfd. (quar.),
pfd. (accum.)
6%
Pullman,
*25c
Steel
dividend
Service
4%
Electric
Service
Public
Beauty
Ontario
Co.
Service
$1.40
Ltd.,
Light
preferred
preferred
4.40%
6-15
5-20
6-17
5-10
6-24
5-31
6-30
6-10
Co.,
Paper, Ltd.
Share
Name of Company
6-15
6-6
6- 6
5-19
7-15
\
When
Per
Holder$
When
*1720
Monday, May 30, 1949
Payable of Rec.
Share
Ltd
Mines,
Extra
Supply Co., Ltd.—
Participating convertible preferred (quar.)
Participating convertible preferred (quar.)
Ontario 8f Quebec Railway Co. (s-a)
5%
4y*%
37a%
Olin
Ontario
6- 1
Dome
Brotners &
97 %c
,
preferred
3.90%
Ola
East
5-31
Extra
CHRONICLE
Per
Name of Company
6-20
.,
FINANCIAL
&
Holdera
When
Payable o] Rec.
25c
Co
25c
35c
Ohio
Ohio
COMMERCIAL
THE
(2360)
_
A
pfd.
__
(s-a)
(quar.)
common-
preferred
(quar.)
$1
_
'•
6-
1
5-1
*75c
6-
1
4-3
$1.25
7-
1
6-2
*60c
6-
1
5-1
*20c
6-
1
5-1
Volume
Number 4807
169
THE
Per
Name of
When
Share
Company
$1.25
preferred
Sunbeam
Oil
Sun
Sun
Corp., new
Drug
8-
5
11-15
11-
5
50c
Sunray
Oil
4'A%
4A%
preferred
Sunshine
Sutherland
2nd
Sweets
Oil,
of
1
(quar.)_.
(quar.)
28'Ac
(quar.>_
Inc.,
&
5%
.
6-23
7-
1
6-
7-
2
75c
__
Bond
6-
1
4-26
5-31
5-14*
5-16
1
prior
prior
Co.,
$5.50
Van
Raalte
6-
1
5-
15c
7-
1
6-15
4
10c
7-
1
6-15
56'Ac
7-
1
6-15
50c
6-
1
5-16
27c
(quar.)
6-15
-
dividend)
6-
1
Ltd.6-
t50c
10%
-
—
5-14
1
4-20
6-10
37'/2c
,mL
1
6-
tl2'/2c
5-31
1
5-25
6-
Share—
&
Sulphur
.
Co.
Victor
Equipment
Pump
Pacific
Texas
Coal
Extra
The
(quar.).
Fair
preferred
3
5-11
1
5-17
6-15
6-
40c
6-14
5-31
10c
6-14
5-31
6-15
6-
3
50c
Inc., common.
6-25
6-15
50c
Mills
Thompson Products,
1
$1.06'A
(quar.)
Cotton
6-
6-
$1.75
—'
•
Thomaston
Warren
$3
6-15
6-
1
1
$1
&
Terminal
Brothers
& Worts,
(Northam)
$4.50
Roller
Bearing
4%
Mills
Toledo
4>A%
Edison,
Toronto
Elevators,
preferred
preferred
6-
Wellington Fire Insurance Co.
Wellman
Engineering Co
Wesson
7-
1
6-10
6-15
5-25
$4 preferred (quar.)
West Disinfecting Coip.,
Oil
&
Snowdrift
6-
6
5-20
6-25
6-15
6%
3.60%
3
1
5-13
Wisconsin
2
6-11
412%
J40c
6-10
5-10
40c
6-11
5-16
6-15
5-16
6-15
5-13
Wood
7-
6-16
5%
6-16
Wood
1
7-
1
Alan»
5-14
5%
1
5-16
1
5-14
Woodward
1
5-14
Wool
6-
1
5-16*
Woolworth
IF.
7-1
Woolworth
iF.
1
50c
7-
t$1.75
8-16
4
5-16
1
W.i
5-31
5-21
SOc
6-
1
$1.06'A
6-
1
5-18
West Ohio
tl 5c
6-
1
5-20
West
Virginia
Coal
&
Coke
25c
6-10
5-27
West
Virginia
Pulp
&
Paper
25c
6-
5-16
West Jersey & Seashore
RR.
special guaranteed
Co
prior
A%
s'/-
1
6-10
25c
6-
1
5-20
31'AC
6-
1
5-20
7-
1
G-
7-
1
6-15r
5%
$1.25
iquar.)
&
31'Ac
Co.,
Ltd...
preferred
Aeronautical
Wright-Hatgreavcs
6-
1
5-20
Wrigiey
6-
(Win.),
5-20
Common
is-a)
8
5-
25c
6-20
6-
1
6-15
6-
1
$1.12'/2
(quar.)
6-15 i
6-
1
(s-a)
$2.50
Wysong
5-31
25c
7-
1
6-15
7-
5
Yellow
1
5-16
6-16
5-31
7-
5-27
6-
2
1
5-20"
7-
1
6-20'
25c
8-
1
7-20
10c
5-31
5-16
,5-31
5-16
10c
Worsted
25c
6-15
5-31
.37'Ac
7-30
7-20
2
iquar.)
Extra
6-
6-
$1.25
10c
Wyandotte
5-14
2
13'AC
Ltd
(monthly)
1
6-
a3%
Common (monthly)
6-13
4-22-
$1.12'A
com.
iquar.)
(monthly)
Common
5-27
6-
1
Company—
5-27
6-20
5-17
6-23
6-
6-
25c
Jr.,
1
50c
5-14
3
7-11
50c
Corp
6-13
$1.50
1
5-14
Ltd.—
Mines,
6-13
17'Ac
6-10
Manufacturing¬
prior
5-13
(quar.)
v-'e-L:::
t40c
iquar.)
preferred
prior
5-31
25c
preierred
conv.
25c
^
iquar.)
registered
1
—
(s-a)
7-
common.
iquar.)
Company
25c
(quar.)
1
Co
W.)
6-
$1.25
___
5-31
7-
dividend)
25c
______
5-31
6-15
25c
common
Governor
preference
Wright
(quar.)___
5-16
—
pieferred
conv.
Worumbo
8-11
6-
20c
1
6-15
$1.20
Worthington Pump & Machinery Corp.,
6-15
1
7-13-
6-
90c
Combing Corp of Canada,
6%
6-16
5-20
3
7-31
$1.12'A
iquar.)
Industries,
6-
5%
5-16
5-
Light Co.—
istock
6-
10-
1
1
$1.50
preferred
preferred
6-
1
66-
(quar.)
Steel
Common
7-
6-30
35c
27'Ac
(quar.)
common
(quar.)
convertible
6-3
10-15
5-16
t$2.50
(s-a)_-
preferred
Newspaper Machinery Corp.,
1
35c
6-30
15c
5
7-15
5-31
t70c
(increased).
Extra
i
6-13
5-31
iquar.)
75c
(s-a)
Gas Co.
Co.
6-
20c
1
iquar.)
&
preferred
Oil
7-
12Vic
7-
6-15
6-10
iquar.)
Power
35c
com..
5-16
20c
common
Power,
preferred
$4.80
Wiser
1
$1.06 »A
preferred
Electric
preferred
6-
7-
6-
iquar.)
Hirsch, 7%
preferred
20c
1
5-18
tl5c
75c
(quar.)—
Indies Sugar
Extra
6%
7-15
6-
$25c
(s-a)_
common
6-10
preferred
(quar.)
Inc.
$1
6-
$5
non-cum.
&
1
6-
1
$1.25
(s-ai
C.», Ltd
Wisconsin
Co., Inc.—
SOc
5-21
Winter
6-10
(quar.)_
5-10
_______
5%
5-31
6-24
4',2%
35c
(quar.)—-.
5-31
6-20
12 V2c
75c
Ltd
6-20
_
6-15
>-
SOc
$1.25
6-
2
6-
25c
preferred
common
prefeired
Products,
62'Ac
Company,
convertible
Company,
(J.
6-15
7-
62'Ac
is-a)
iquar.)
$1.13
(quar.)
1
West
&
Winnipeg Electric Co.,
(quar.)
2
3
Brcthers, 5%
$4.25
1
Machinge- Co.—
+25c
Ltd.
Wilson
6
(quar.)__
convertible prefe-rred series A
5-19
2_:_____—
&
5%
Wilson
1
D.) Company, common
preferied
(quar.)
Petroleum Corp.
(quar.)
Knitting
Weeden
7-29
6-
(S.
Common
Wayne
8-15
Wilsil,
J50c
Waterloo, Cedar Falls & Northern RR.,
7-
10c
iquar.)
Sewing
t31'Ac
25c
5-15
common
Gibbs
Willson
Ltd
1
5-24
Wilson
1
1
7-15
5-31
8-
76-
25c
5-20
6-15
6-15
6-14
50c
12'Ac
(increased)-
1
50c
1
5-24
6-15
37Ac
1
7-
1
6-
—
€-
25c
1
$1
—
Warren
1
6-
5-16
t$1.12A
6-
5-16
6-20
5-24
6-
1
Woodall
6-15
.)
20c
6-10
.
Works
5-14
6
6-
(quar.)
Inc
6-
3c
7-
Co
12-
1
Corp.—
25c
Timken
12-10
6-
9
50c
(quar.)_
75c
Co..
&
25c
6-
15c
Willcox
$1.37>A
93%C
preferred (quar.)
Tilo Roofing Co. (reduced quar.)—
Time, Inc., new common (initial).
1
Corp
40c
$3.75
9-
(quar.)
preferred
Stores,
Corp.
Oil
$1
25c
+
9-10
Pictures
convertible
Warren
(quar.)
preferred
5-11
25c
.
4'A%
6-3
25c
(quar.).
Wilcox
___.
Baking Co., common
5'A%' preierred (quar.)
Warner
(The)
common
Whiting
1
50c
Ward
-——
Fair—See
Thew Shovel Co.,
7%
Oil
&
1
:
1
Warehouse
5-13
6-15
9
5-
25c
6-
30c
Co
1
5-27
Machine
6-
4%
5-27
2
5-
1
Extra
6-10
Co
6-
5-11
Auto
Whitin
5-17
1
9
1
6-
Paper Co._A„_.
6-1C
6-
5-
6-
Ltd.—
White's
6-10
(quar.)
6-
1
W'nitaker
5-20
6-
Ji5c
___
6-15
1
6-20
25c
6-15
6-
5-2U
1
95c
Corp.
redeemable preferred
$1.25
$5 preferred
(quar.)
Virginian Ry., common (quar.)
on
preferred
(quar.)
Visking Corp.
Vogt Manufacturing Corp. (quar.)
Wabasso Cotton Co., Ltd.___——_—_
W'aite Amulet Mines, Ltd
Walgreen Company, common (quar.)
6-15
i
(Geo.),
4A%
6-
Weyenberg Shoe Mfg. Co. (quar.)
50c
Virginia Coal & Iron Co
Virginia Dare, Ltd., 5% pfd. (cuar.)
Virginia Electric & Power, common (quar.)_
75c
9-20
12-22
$1.25
Ltd
Co.,
6-15
■
_
1
Holdert
Payable of Reo.
25c
.
Electrical Instrument
$1.25
Manufacturing
25c
(quar.)——
10-
75c
preferred (quar.)
5% preferred (quar.)
Verney Corp.
50c
Gulf
Weston
6-
5%
preferred (quar.)
Walker (H.) Gooderham
Extra
6-20
50c
5-16
$1.75
Texas
1
$1.37'A
;
Co
Chemical
7-
t>-
Steel
(quar.)
Vapor Heating Coip., common
5% preferred (quar.)
Vick
Weston
When
Share
53
87»/2C
iquar.)
5-28
1-3-50
■{
common
iquar.)
preferred B
6-6
$1.25
—
Corp.,
3A%preferred A
7-1
62>Ac
'■ [
Electric
3.80%
6-8
25c
6-15
•
5-6
62y2c
(quar.)
$1.35
(accum.)
preferred
5-14
Co
3c
1st
1
6-3
62'/2c
(quar.)
25c
7%
6-
Vanadium-Alloys
Viceroy
Westinghouse
$1
(quar.)
prior preferred
Norman
Per
Name of Company
1
40c
prior preferred (quar.)
Valley Mould & Iron Corp., common
Van
6-
?2'/2C
common
preferred
preferred
Viking
(stock
Corp.
5-27
5-16
1
5-16
(quar.)
preferred (quar.)
Teck-Hughes Gold Mines, Ltd
Tecumseh
Products
(initial)——'__L—_
Telephone
6-15
1
25c
convertible
Telecoin
1
40c
4.32% pid. (quar.)
& Carson (Canada),
Taylor,
6-
6-
common
Fenn,
Pearson
1
3
7-6
_—
Taylor
3
6-
$1 Ac
common
Extra
Talon,
6-
15c
Inc.,
preferred
1
)0c
1
Taggart Corporation
4 A%
3
25c
(quar.)
& Company
(quar.)
Sylvanite Gold Mines, Ltd
Symington-Gould Corp.
Syracuse
Transit Corp
(James)
6-
6-
.
&
6-15
22>Ac
Mines, Ltd
Light Co
Knitting
5%
7-
37 'Ac
25c
5%
6-33
SOc
—
(quar.)__.
Swift
Talcott
Utica
5-14
7-
15c
—
America
Canada
Power
5-14
•
7-15
26 j9u c
preferred
G%
preferred
Co.
1
6-
25c
(quar.)
Co.
Paper
6-
(quar.)
B
series
Mining Co.
Swan-Finch
5c
A
series
5-25
37 'Ac
—
common
preferred
6-20
6-15
Upper
(2361)
When
Holdert
Payable of Rec.
Share
Winding Co., common
preferred (quar.)
convertible
Utah
CHRONICLE.
Per
Name of Company
90c
5%
common
(quar.)
Corp.,
6-30
25c
(initial quar.)__.
com.
Co.,
preferred
4%
8-15
31'Ac
Company, common (quar.)
Ray
6%
31'Ac
(quar.)
FINANCIAL
V
Payable of Rec.
Universal
iquar.)
preferred
&
Holdert
Struthers Wells Corp.—
$1.25
COMMERCIAL
&
Niles
Cab Co.—
'
Transue
Trico
Williams
&
Oil
&
Steel
Forging
Co
Gas
Corp._.
—
Trinity Universal Insurance Co.
Quarterly
,
25c
.
8-15
8-10
Westeel
11-15
11-10
37 Ac
—
St
Corp.
(quar.)
Union
Tank
Union
Trusteed
Co.
Funds,
Union
Bond
Fund
A
Bond
Fund
C—_—
Preferred
Union
Common
—
$1.25
8-15
8-
11-15
11-
1
fPayable
in
6-24
6-
1
5%
2-1
^Payable
in
6-
I
Western
1
6-21
1
6-20
1
9-20
6-10
5-25*
7-
pfd.
Corp., Ltd.,
Gas
Co.
Fund
(The)
Shares
U.
S. Gypsum
U
S.
i)
(quar.)
(increased quar.)
S
U.
•
6-10
6-10
5-24
6-10
6-
6-30
5-31
6-13
Series
1
9
Series E:
Series
Co.,
Co.
6-10
Series
United
Wallpaper,
Universal
Universal
4'A %
Corp.,
Insurance
Pictures
preferred
Redeemed
$1,909
SS3
491
r590
277
1.002
21.67
110
438
20.07
$2,787
$2,113
56.88
Amt. Is;
Outstdg.
95.83'
-
45.42
1,541
6-
1
5-31
Series
E-1946
6-
1
5-31
17'A %
7-
5
5-24
Series
5
5-24
Seiies
E-1949
22'Ac
6-
1
1
_
5.383
5.737
48.41
6.460
6.514
49.79
4,882
5.214
48.33
4.418
1,704
2,713
38.57
4,095
1,176
2.918
28.72
746
3,461
17.74
1,269
33
1.235
2.60
$56,573
.
12,974
S23.626
832,946
41.76
$61,472
_
$26,413
$35,059
42.97
..
_
_
..
5-16
6-
41.11
4,206
_
E-1948
7-
_
_
27.51
4,037
10,096
.
_
1.117
2.818
11,120
_
424
6,855
E-1945
5-10
7-
1
1
Series E-1947
_
_
_
months)
(4
Total
Series
E
Total
5-10
7-
Series
A-E
5-10
6-30
6-
8
7-
1
1
_
_
_
6-15
7-
6-15
6-
1
5-18
6-10
1
6-15
6-14
5-31
6-20
5-31*
6-20
8-31*
12-20
11-30*
(Del.)
7-
1
7-
1
6-15
4%
2nd
and
G:
Series
F
and
G-1941
Series
F
and
G-1942_
Series
F
and
G-1943
Series
F
and
G-1944
Series F
and
G-1945
Series
F
and
G-1946
Series
F
and
G-1947
6-15
75c
6-
1
5-16
Series
F
and
1
6-15
Scries
F and
G-1949
6-
1
G-10
G-
1
G-15
5-
5
pfd.
(quar.)
Co
Co., Inc.—
(quar.)
6-15
6-15
6-30
6-15
50c
—
16.94
425
2.732
13.46
2,999
_
20.96
325
2.674
10.84
2,590
187
2.402
7.22
3.033
49
2.985
1.62
663
*
662
$24,294
$3,229
96
119
$1,992
$1,909
S83
95.83
83,871
27,851
56.019
33.21
$85,863
$29,760
$56,103
34.66
_
_
_
(4
_
months)
_
Series
Unclassified
F
sales
and
and
G
/
$21,065
13.29
redemptions.
22
5-25
30c
4 3 Ac
prefen
_
2,677
3.064
3,157
>
710
629
5-16
6-10
60c
—
16.95
20.01
5-16
Total
(s-a)
1.280
2.570
3,714
_
5-16
G-10
261
643
3,387
..
G-1948
7-
$2
——_
1.540
3.213
_
_
6-15
•
f 15c
$4.20
F
5-31
9-20
Series
5-27
7-
$1
preferred
Inc.,
_
-
35c
Ltd
Corp.,
A-D_
6 2'Ac
common-
Co., common
preferred (quar.)
Stores
totals)
Redeemc
548
_
E-1944
Series
50c
non-cum.
Steel
to
tAmount
$4,900
_
E-1943
5-31
75c
(quar.)
common
Lines, Inc.
tAmount
•
1
2 2'Ac
(quar.)
1st
United
tax.
tax.
1.278
E-1941
6-30
SOc
(quar.)
—
;
United
dividend
income
1,081
_
Series
6-
$1.06'A
(quar.)—
common
(s-a)...
Co
Tobacco
Jamaica
$1,992
Series E-1942
7-
50c
Truck
S.
S
Less 30%
5-24
7-15
Total
Spring & Bumper Co.—
7%
x
5-17
$1.50
U.
tax.
4-30
5 6'Ac
U
income
Wisconsin
3%
5-27
5-31
75c
non-cum.
S.
5-16
_
Series D-1941
6-10
$2.50
J.),
__
D-1940
5-31
$1
————__
'8%
U.
Series
6-10
75c
Rubber
fi-lfi
British
Corp.—
Printing & Lithograph Co.,
preierred
(quar.)
S.
Less
5-17
25c
<N.
preferred
Potash
S.
1
$1.75
(quar.)—.
Playing Card
5%
6-
60c
Extra
U.
5-17
$1
(quar.)
Special
U
1
$1.75
(quar.)—.
Pipe & Foundry
S.
1
6-15
A-1935 to C-1938 (matured)
62'Ac
(s
Quarterly
Quarterly
U.
6-
1
50c
Lumber Company
S
U.
Co.
deductible
A-D:
Series
53c
a
participating preierred
Lines
S.
4 A %
6-
Series
•58'Ac
(final)
preferred
Co.
Co.
preferred
4V+%
6-15
Co., Ltd.—
U S Hoffman Machinery
U.
5-14
a2'A%
preferred
preferred
7%
5-14
5-31
20c
(irreg.)
(monthly)
(monthly)
registered
Guarantee
S
5-31
50c
6-30
6-
3
50c
7-15
7-
1
i.-—
25C
•%<
J_
$1.06 A
50c
6-
%
1
6-10
All
Series—Total
Total
'
■
Grand
5-16
•Less
<5-31
matured.
Unmatured
5-13
1
6-
5-31
5-31
<
1
tax.
>
dividend.
Canadian
tax
Percent
65c
prior preferred
convertible
7%.
this
15%
Issued
25c
(s-a)_
U. S. Casualty Company, 45c conv. pfd.
U. S. Finishing Co.,.common (quar.)
$4
7-
5-16
25c
(quar.)„__.
Light & Railways Co.—
preferred (monthly)
Molasses
a
d Less
tAmount
50c
Cos.
Improvement
pr.or
1
1
75c
(quar.)
Extra
U
1
6
6-
non-residents'
at
the
source
Non¬
15%; resident tax 7%.
(Dollar amounts in millions—rounded and will not necessarily add
50c
-~
prior
Ordinary
tax
funds,
Stales Savings Bonds Issued and
Redeemed Through April 30, 1948
50c
(qua
illuminating
6%
resident
Canadian
for
less
United
+25c
(quar.)_—
—
United
6-
25c
(quar.)
United
United
5-20
50c
Series D-1939
(quar.).
Extra
Co.
6-
$1.25
tquar.)
Coip.
Electric Coal
6.36%
6-
$1.25
55c
Co.
Income
Stationery—
preferred (quar.)
Westinghousc Air Brake
6-10
6-15
+
~
Elastic
7%
5-20
&
Circuit, Inc.—
(quar.)
United
United
closed
Funds,
5-18
1
6-
6-15
_
Tablet
6-10
6-20
6-
11c
,u
$1.25
class A
Corporation, Ltd., class B
United
.6-.1
$2
________
5%
6-10
25C
Fruit
$3
6-10
6-20
$1
—
United-Carr Fastener Corp.
United
6-20
6-20
$50c
!
Theatre
Carbon
(s-a)
6-10
common———.—f~»'
United
United
6-20
$1.12 A
—
—
United
Trustees
S.
1
13c
.
(quar.)
United Biscuit Co of America
Extra
$1.25 2-15-50
5-16
18c
Fund—-—;
4'A%
Corp.,
preierred
Estate
(quar.)
U.
5-20
6-
1
24c
-
Artists
5%
Extra
Western
Real
A
6-15
5-16
6-15
25c
6-10
2
6-10
—
B
United
preferred
6-30
6-15
15c
iquar.)
1
$1.25
6-
____
Stock
Lines,
Amusement
Class
•Transfer books not
(quar.)
(quar.)_
6-10
—
Fund
Stock
preferred (quar.)
United
Co.
J20c
$1.25
1
A
17c
Union
5%
6-
A
Inc.—
Union
Aircraft
Youngstown Steel Door
1
preferred
65C
Fund—
United
5-16
6-16
•
preferred
25c
Air
6-
25c
(quar.)
(s-a)__
Co.—
5%
25c
Co.-
Car
United
Knitting Mills. Ltd.. class A
Youngstown Sheet & Tube (quar.)
Youngstown Steel Car iquar.)
York
California-
of
Bond
5-25
1
9 3 Ac
Union
RR.
5-25
6-15
6-
75c
O:!
Pacific
6-15
6-15
7-
62'/2<f
~v
Union
Auto Supply Co.
Condensing Co
1
J50c
.
7-
62'/2C
—
(quar.)
75c
(quar.)
10-
62'/2c
—
Quarterly
Western
preferred
J25c
Ltd.
6-15
•
$1.12 A
Salle
Western
convertible
5%
_
La
Western
5-31
5-13
1
6%
6-24
50c
i
South
5-31
6-10
$1
Common
208
i,—_—25c
Products,
6-
6-15
35c
(quar.)
(quar.)
___
Extra
$1.75
Tudor City Fourth Unit, Inc., 6% pfd.—_.
Twentieth Century-Fox Film Corp.—
SI.50
Special
25c
(quar.)__
...
(quar.)
eonv.
preferred
1
__
_
_
.
Total
than
.
$500,000.
^Includes matured
bonds
-
.
tincludes
which
have
accrued
not
discount.
been
presented
^Current
for
redemption
payment.
values
54
THE
(2362)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday. May 30. 194'J
i
DEPARTMENT
STATE AND CITY
BOND PROPOSALS AND NEGOTIATIONS
Farmers and Merchants National
ALABAMA
Gadsden, Ala.
Warrant
Sale
Angeles (P. O.
Angeles 54), Calif.
Los
The
to
the
co-executor, will receive bids ad¬
May 24—v.
dressed to attention of its Securi¬
lay warrants offered
169, p. 2150—were awarded to a
syndicate
composed
of
Sterne,
Agee & Leach, Hendrix & Mayes,
both
of
Montgomery,
Watkins,
Morrow
&
Co.,
First National
of Birmingham, and
the First National Bank, of Mont¬
both
Bank,
of 99.63, a basis
follows:
gomery, at a price
of about 2.65%, as
$401,000
Due on March 1
2%s.
as
1950 to 1954 inclusive.
from
495,000
ties
1 from 1955 to
June
Dated
Han-
S.
U.
shew, District Treasurer, will re¬
until
bids
8
p.m.
on June 14 for the pur¬
of $1,600,000 not to exceed
(SMT)
chase
school
interest
6%
Dated
bonds.
1949.
Denomination $1,July 1, as follows: $30,000 in 1950 to 1953, $60,000 in 1954
July
1,
000.
Due
1955, $65,000 in 1956, $80,000
and
in 1957, and
1958, $85,000 in 1959,
1960 and 1961, $95,000
in 1962, $100,000 in 1963 and 1964,
$90,000 in
$115,000 in 1967, $120,000 in 1968,
and $125,000 in 1969.
The Dis¬
trict has reserved the right to re¬
all of the outstand¬
ing bonds of said issue at par in
deem any or
order
on
interest
any
date on and after 10
years from date of issue.
Princi¬
pal and interest (J-J) payable at
the
Seattle
Trust
&
Savings
payment
Bidders to name
the rate of interest, expressed in
a multiple of V\ of 1%.
The ap¬
proving opinion of Preston, Thorgrimson & Horowitz, of Seattle,
will'
the
of
for 5%
check
certified
A
furnished.
be
principal
Due
a.m.
Dated
bonds.
Denomination $1,June
on
1,
as
and
$5,000 from 1970 to 1974 in¬
clusive.
Principal and interest
authorized
were
held
on
10%
County
the
office.
Treasurer's
for
at
payable
(J-D)
at
election
the
bid
bonds
for, payable to the
Supervisors, is required.
?
sealed
11 a.m. (PST) on June 1
purchase
of
$85,000
will
Clerk,
bids until
the
for
receive
bonds
These
water bonds.
were
authorized at the election held on
Sch. Dist., Santa
County (P.O. Santa Barbara),
Hope
Maricopa County, Phoenix Union
High School District (P. O.
California
Bond
Offering
—
6 for the
purchase of $100,000 not
to exceed 5% interest school cou¬
Dated
May 1, 1949. Denomination $1,000.
bonds.
registered
or
pon
$10,000
May 1 from 1950
on
inclusive.
1959
the
of
rate
Bidders
interest,
to
ex¬
A
Ariz.
for
3%
bid, payable to the
of the amount
De-
check
certified
County Treasurer, is required.
to
interest school bonds.
5%
1951
1968 inclusive. Bidder
to
to
single rate of interest, ex¬
Northern
school
Bond Offering—Virgil
Hill, Dis¬
nomination $1,000.
bid, payable to the County Treas¬
urer, is required.
CALIFORNIA
School District,
Los Angeles County (P. O.
Los Angeles), Calif.
Covina
City
Bond Sale—The $250,000
bonds
offered
May 24—v.
school
169, p.
awarded to the Bank
2254—were
of America National Trust
& Sav¬
ings Association, of San Francisco,
as
at
2y4s,
basis
a
June
able
the
at
certified
County
check
for
pay¬
Treasury.
3%
A
the
of
Chairman
the
of
Board
of
County Supervisors, is required.
Ontario Sch. Dist., San Bernardino
1950
to
First
jointly,
R.
for
a
rity,
Offering—Harry L. Alli¬
son, County Clerk, will receive
sealed bids until 11 a.m.
(PST)
on
June 20 for the purchase of
$1,000,000 not to exceed 5% in¬
school bonds.
Dated July
terest
1, 1949. Denomination $1,000. Due
$50,000 on July 1 from 1950 to
1969 inclusive.
Principal and in¬
terest (J-J)
to date of
Treasurer's office. The bidders
County
was
Bank
H.
2V4s,
of
Security-
a
100.90.
a
Treasurer's
name
expressed
in
a
An¬
at
Co.,
The approving
of
multiple of
1%. These bonds
&
price
office.
were
the election, held
y4
of
authorized
on
April 25.
opinion of Orrick,
the
of
M-l notes offered
$100,000 purchased by Tflrrhtfoti
County
approv¬
National
on
Bond
Offering
County Clerk,
well,
until
bids
sealed
June
on
—
10
the
for
7
L.
E.
Hallo-
will receive
a.m.
(PST)
purchase of
$304,000 not to exceed 5% interest
school bonds. Dated June 15, 1949.
Denomination
June
Due
as
1950
to
1956
from
1962 inclusive; $30,-
to
1963
1968
to
inclusive,
and $24,000 in 1969. Principal and
interest
(J-D)
payable at the
County Treasurer's office. These
at
the
April 19. A
cer¬
of
bid,
authorized
were
held
on
for
check
3%
the
to the Chairman of the
Board of Supervisors, is required.
Plumas
County
School
District
(P. O. Quincy), Calif.
Offering—John
Bond
June
wirth, County Clerk, will receive
sealed bids until 10 a.m.
(PST)
on
June 6* for the purchase of
$89,000 not to exceed 5% interest
coupon
or
registered bonds, di¬
as
follows: $4,000 from 1950 to
1955
inclusive,
from
at
1959
to
1956
These
bonds
and
were
election
the
$3,000
inclusive.
authorized
held
on
April 29.
Dated July 15,
tion
terest
1949. Denomina¬
Principal
and
in¬
(J-J) payable at the County
$1,000.
office.
Treasurer's
name
A
a
certified
amount
San
Treasurer,
to
rate
the
pressed in
Bidders
of interest, ex¬
multiple of % of 1%.
check
for
3%
of the
bid, payable to the County
is reauired.
the
for
6
of
plus
|
&
!
Dated
May
May 25. 1950.
Due
bonds.
Vmfc,
New
25.
Due
1949.
«w*
$3,Middletown
Offering—LbUis W
bids
until
for
31
11
the
(DSTl
a.m.
purchase
Scries
M-2 notes,
1949.
Due
on
approving
on
John¬
Secretary, will receive
son.
School
$50,000
Housing Authmttv,
Connecticut
Note
from 1957 to 1971 inclusive.
Dist.
Ilutzler,
0.92% interest plus a picmium of $15.69
July
1, as follows: $50,000 in 1951
to 1956 inclusive, and $80,000
City
Co,
mtemt
at
Sch. Dist. bonds. Due on
1,000,000 Riverside
0 90%
at
purchased
Bros.
High
City
Trust
&
premium of $Xi*o
by
a
503.000
000,000 not to exceed 5% interest
bonds, divided as follows:
$1,500,000 Riverside
Co,
tLrtfi rd
by
Bank
Hartford,
will receive
purchase
a
purchased
school
of
M4*
tm
$334.V*t
Dated Jut*e «,
June 6.
opinion
The
of
Hut
1 mm,
Robinson A Cole,of llartJeid wilt
be furnished to tin* puritan** *d
July 1 from 1951 to 1970 in¬
clusive.
the expense of the Authority
500,000 Riverside
City
Junior |
College Dist. bonds. Due July ; Milford Housing Authority, C«IM,
1,
$20,000
1960
to
Note
from j
inclusive.,
and
follows:
as
1951
M-l
clusive.
1, 1949. Denomina¬
Principal and interest
payable at
the County
for
check
office.
amount
man
0.91%
at
0.92%
$38,000 at
—
The
Series M-l
notes offered
were
awarded
ford
required.
National
0.92%
at
San Bernardino
County Sch. Dists.
in¬
interest,
inter*
date
of Supervisors,
of the Board
t< i
interest.
Additional Sale
of
bonds, payable to the Chair¬
the
is
$100,000
certified
A
the
of
5%
$ 100.000 at «$»%
terest; SI00.000 at 9.90%
tion $1,000.
(J-J)
follows:
as
Dated July
Treasurer's
Sale—The $33*1**1 fcet
notes offered
May 23—v IM.
p.
2150—were awarded to J IV
Morgan & Co.. Inc., of New
$30,000 from 1961 to 1970 in¬
Bank
to
.ouf
tm
the
Matt-
Mart hud,
«»f
interest, plus a pniniuai
of $4.00.
(P. O. San Bernardino), Calif.
All
Bond Sale—The $110,000 Yermo
the notes
are
31,
due
1950.
School District bonds offered May
23—v.
to the
169, p. 2150—were awarded !
California Bank, of Los An¬
FLORIDA
Mac tie any,
fin.
geles, and Dean Witter & Co., of
Bond Ottering — W. V
VY*
San Francisco, jointly, as 2%s, at
City Auditor and Clerk. w*tt re¬
a price of 100.31, a basis of about
2.69%.
Dated June 1, 1949.
Due j ceive sealed bids until 7 M r m.
(EST) on May 30 for the pi n*
on
June 1 from 1950 to 1960 in¬
of
clusive.
Additional
Sale
bonds
offered on same date were award¬
ed to the William R. Staats Co..
Los
District
Angeles, as 3s, at a
S150,000
j
j
price I
not
Denomination
as
$2,000
1955.
.
d
4%*
fi&ue *4
Sl.OOO.
! *41
M.*y
$1000
in
1960 to
Due
in 1*171 t*
1956 to ffl.tj. S3-
follows:
000 in
exce*
bonds. Dated May iv j >41*.
coupon
1,
to
construction,
sewer
The $40,000
—
School
Helendale
of
Donnen-
Peque-
Trust
&
interest,
premium of $1 «b
National
sealed bids until 10 a.m. (PST) on
011
follows: $5,000 from
1955
inclusive; $10,000
15,
from
000
$1,000.
A.
County Clerk,
gnat,
March 25. The
School District,
Ventura County (P. O.
Ventura), Calif.
plus
100.000
is required. |
Offering—G.
Bank
Torrington. at 0 90%
Sch. Dists. (P. O.
Riverside), Calif.
Bond
May 20—v, 1 UK
2150—were awarded as follow#,
p.
Riverside County
value
par
Dahlquist, Neff & Herrington, of
Francisco, will be furnished
the
The
at
office.,
Sale—The $7u3,t#»o Strict
Note
in¬
of
rate
the County Treasurer,
A certified check for 4%
out cost.
Bid¬
the rate of interest,
the
name
cisco, will be furnished to the
purchaser. A certified check for
10% of amount bid, payable to
the bonds authorized at
are
approving opinion of O'Melveny
& Myers, of Los Angeles, will be
furnished to the purchaser with¬
redemption.
Los
Moulton
at
sec¬
in 1955 to 1959,
to
to
payable
(J-D)
are
interest, ex¬
multiple of y4 of 1%.
the election held
Principal
interest (J-D) payable at the
ders to
The
1960
CONNECTICUT
Danbury Housing Authority, C*WW*.
terest, expressed in a multiple of
V4 of 1%.
Principal and interest
payable at the County
to name the rate of
value thereof and accrued interest
and
Bidders
certified
A
of the amount *4
visors, is required.
$2,000
inclusive., and
1960
to
12.
10%
$1,000.
$3,000 from 1961 to 1969 inclusive.
Bond
prior to their fixed matu¬
at not exceeding the par
Dated
bidder
National
and
101.31,
2.06%.
inclusive.
1964
ond highest
of
after
in
1950
(P. O. San Bernardino), Calif.
1964, $15,000 vided as follows:
in 1978 to
$53,000 Taylor Elementary
Sch.
1984, $15,000 in 1985 and 1986, and
Dist. bonds. Due only July 15,
$20,000 in 1987 to 1989.
Bonds
as
follows: $5,000 from 4950
maturing on and after June 15,
to 1959 inclusive, and $3,000
1980, are subject to call and re¬
in
1960.
These bonds were
demption, at the option of the Dis¬
authorized
at
the
election
trict, as a whole, or in part, in
held on May 15.
numerical order, on June 15, 1979
36,000 Mann Elementary Sch.
(but not prior thereto), and on
Dist. bonds.
Due on July 15,
any interest payment date there¬
Due on June 1 from
1, 1949:
geles,
price
about
of
follows: $5,000
$10,000
from
for
the
art
election
the
at
bonds bid for. payable' to tin?
Chairman of the Board of Suffer-
Dated
bonds.
April
on
the
the
ing opinion of Orrick, Dahlquist,
Neff & Herrington, of San Fran¬
(J-J)
in 1965 to 1977, $20,000
as
Due June 15,
registered
or
June 1, 1949. Denomination
Due on June 1, as follows:
payable
trict
purchaser at his
own
expense.
A certified check
for 5% of the total amount of the
the
by
pon
Principal and interest
tified
Secretary, will receive sealed
bids until 11 a.m. (PST) June 2 for
the purchase of $500,000 not to
000 in 1951
and 1952.
Interest exceed 5 % interest water, Issue
1949
J-J.
The approving opinion of of
coupon
or
registered
Dated June 15, 1949.
some market
attorney to be fur¬ bonds.
De¬
nished
held
on
intern*
County
and
These
of lice.
authorized
check
June
1 for the purchase of $49,000 not
to exceed 5% interest school cou¬
(PST)
p.m.
Treasurer's
election
County Water
Novato), Calif.
coupon
Denomi¬
nation $1,000.'Due on July 1, as
follows: $35,000 in 1950, and $30,Dated Jan. 1,1949.
Marin
District, Marin County (P. O.
June 20 for
purchase of $95,000 not to ex¬
until 2 p.m. (CST) on
County Clerk, will receive sealed
pressed in a multiple of J/4 of 1 %.
bonds
Souza, Clerk of the Board of Su¬
interest
for
1, 1949. Denomination
$1,000.
Due July 1, as follows:
$5,000 in 1950, and $10,000 from
Lewis,
E.
J.
County Clerk, will receive sealed
bids until 10 a.m. (PST) on June
fice.
pervisors, will receive sealed bids
4%
7
not
Oxnard Elementary
pressed in a multiple of V4 of 1%.
Principal and interest (M-N) pay¬
able at the County Treasurer's of¬
ARIZONA
ceed
$185,000
bonds
Offering—W. J. Broaddus,
2
Principal
payable
at
(J-J)
Treasurer's
California
of the bonds,
payable to the County Treasurer,
Barbara is required.
April 5.
,v
bonds.
June
on
of
Dated July
These
Chappell,
Bond Offering—W. L.
name
the
exceed
pressed in
Gustine, Calif.
City
bonds
These
April 5. A certified check
of the par value of the
Board of
to
E.
11
follows:
$5,000 from 1950 to 1959 inclusive;
$6,000 from 1960 to 1969 inclusive,
the District is required.
Phoenix),
school
000.
Due
Offering—James
until
June 1 for the pur¬
$135,000 not to exceed
1, 1949.
amount of the bonds, payable to
Bond
bids
on
of
interest
5%
Seattle.
Bank,
a.m.
the
$105,000 in 1965, $110,000 in 1966,
numerical
District,
9
bonds bid for, payable to order of
June
Alaska
sealed
School
Union
sealed
(PST)
Anchorage !ndep. School District,
ceive
until
purchase
Menamin, County Clerk, will re¬
chase
—
Bond Offering—Harold J. Ostly,
County Clerk, will receive sealed
ceived
1, 1949.
Offering
Calif.
bids
Mendo¬
County (Pi: O. Ukiah),
bids until
(P. O. Los Angeles),
County
the
cino
Bond
Los Angeles
a.m.
Monterey County (P. O.
Salinas), Calif.
Bond Offering—Emmett G. Mc-
1959 inclusive.
ALASKA
Bond
10
Norwalk Sch. Dist.,
name a
Gonzales
as 2%s.
Due on March
from 1960 to 1965 inclusive.
until
as
wire.
640,000
1
Department,
Bank,
(PST) on June 6 for the purchase
of $3,000,000 U. S. A. 3% Panama
Canal Loan registered bonds, due
June 1, 1961.
Offices of the bank
are
at 401
South Main St., Los
Angeles 54.
The bonds are in
$10,000 denominations and bids
may be submitted in writing or by
Due on March
2V4S.
as
Offering—The
Bond
clusive.
Redwood Bailey Sch. Dist.,
$10,000 pay¬
the District, is required.
able to
$1,500,000
Board of Education Capital Out¬
—
purchaser without charge.
A certified check for
Bank of Los
1962. $4 000
in
inM
basis of about 2.92%. j
and 1964. $5,000 in 1965 am7 tin**,
Dated June 1, 1949.
Due on June I
$6,000 in 1967 and 196* $7 **l < *
1 from 1950 to 1957 inclusive. The
of
100.35,
second
a
1969 and
1970,
$8,000 in
16! *iwt
highest bidder was Bank
1972. $9,000 in 1973 to 1971 Sin National Trust & Sav- j
000 in
1976 to 1978. and $11 odd
of America
ings
100.76,
as
at
3s,
$40,000
and
Francisco,
San
Association,
$110,000
for
a
as
School District,
Union
Sonoma County
(P. O. Santa
Rosa), Calif.
$240,000 school
23
were
awarded to the Bank of America
offered
City reserves the
or redeem any Iftttd*
be outstanding or un¬
paid on any interest payment date
on or after May I, 1961, in imcto*
may
numerical
May
call
order, at
interest
crued
Bond Sale—The
bonds
The
197.9,
which
price of 100.20.
Sebastopol
in
price of
right to call
3s, at a,
or
elu* ac¬
to tWr of
par
thereon
redemption. lYimipal and
interest
(M-N)
Citizens
Bank.
payable at
Matrlcnry
fee
The
Associa- j approving opinion of title# J l%t,
tion, of San Francisco, on a bid > terson, of Jacksonville, will D*
reflecting a net interest cost of ' furnished to the purchaser with¬
out cost. A certified dmk f«H 2 I
about 2.10%,
of the par value of the Imu J* L .1
Washington Elementary Sch. Dist., for,
payable to the City. 1# re¬
Yolo County (P. O.
quired.
Woodland), Calif.
Marion County (P. O. Otalsh fb.
Bond
Offering—C. L. Hiddle-
National Trust & Savings
son,
Clerk,
County
will
000
not
to
exceed
school bonds.
July 1
interest
1,
1949.
Sale—The
$200<>*>
M7\
refunding bonds ofiered M»v 24 v.
169. p. 2038—were aw aided f»
the Florida
National Hark
at'f
the
Clyde C.
Puree Corp.. !»••*»
jo»»«tly. *** ! *«•'
$1,000. Due $10,000
of
Jacksonville,
from 1950 to 1972 in¬
at
a
Denomination
on
5%
Dated July
Bond
receive
(PST) on
June 15 for the purchase of $230,sealed bids\until 2 p.m.
price of
100.01,
a
b«>i# *f
6-20
5-31
6-15
5-
3
Price
25c
6-15
5-
3
Provincial
$1.12'/a
6-1
5-5
28c
6-20
6-
97VaC
7-
6-15
50c
37Vac
56(40
6-15
6-
6-30
6-10
6-
5-16
25c
25c
Ohio Match Co.
(quar.)
Company
Oil
,
Extra
preferred (quar.)
Ohio Public Service Co.—
4(4%
Power Co.,
Ohio
prefeiTed
3.90%
Co
Tube
Seamless
Ohio
Ohio Water Service Co
Ohrbachs, Inc., $2.25 preferred A
Old Line Life Insurance Co. of
Quarterly
'
Industries,
Oiin
(quar.)—
Public Service Co.
5-20
Publicker
6-17
Pullman,
Inc.
6-10
5-10
Pure
Oil
Co.,
common
1
6- 2
8-15
7-15
8-15
7-15
8-16
7-15
6-10
5-20
15c
6-
1.
5-20
3714 c
6-
1
5-20
7-
1
6-15
$1.12(4
Lumber
Pdcific
Mills
tl5c
3
6-15
Reed
50c
7-
1
6-15
Reeves
Regent
1
5-10
25c
6-
6
5-20
97c
6-
9
40c
Co.
-
(quar,)—
•
6-
1
5-20
6-
1
5-20
6-
1
5-20
20c
.
—
__
preferred
cum. preferred
pfd.
(quar.)
Philadelphia Suburban
Quarterly
6-15
Reynolds
10-
1
9*15
1-1-50
12-15
1
1
5-14
5%
8-13
Rheem
1
6-15
6-15
Simon
5
11-
5
4Va%
2-
3
Rice-Stix
*
8-15
8-
5
11-15
11-
5
2-
3
2-15-50
33c
50(i
7-
1
6-10
25c
6-15
5-31
$1.10
6-
1
5-
1
92 (4c
6-
1
5-
1
6-15
6-
1
6-21
6-10
20c
40c
30c
$1.75
56c
6-15
.
5-31
6-
1
1
5-31
6-17
Simonds Saw
6- 3*
Simpsons, Ltd., 4(4% preferred
Singer Mfg. Co. (quar.)___i___^
1
5-14
6-
1
5-22
4%
6-
1
5-20
4%%
$1.75
6-
1
5-20
5
6-15
0-
25c
7-
1
1
6-10
6-10
5-13
Rock
7
6-10
6-10
6-30
6-20
1
6-10
6-
8
5-27
87 (4c
6-30
1
v
1
6-15
-
(quar.)
Dry
Corp._
30c
6-30
6-
6-
Sonotone Corp.,"common
7-1
6-10
convertible preferred
Soundview Pulp Co. (quar.)
(quar.)
Goods
common
7-11
6-15
6-15
preferred
(quar.)_______
1
series
F
4
Co.,
1
1
6-
1
5-11*
6-
1
5-11
75c
6-
1
5-
—
___I
:
(quar.)
410c
50c
_
$1
___
IOC
_
(quar.)
(quar.)
15c
6
6-30
5-31
6-
5-12
1
7-15
7-
1
7-
6-
1
Erie
6-13
53 Vac
7-
1
6-20
6"
,1
5-14
RR.—
.
$1.25
1
6-15
Ml
Southern
Pacific
5-17
Schlage Lock Co.
$1.37Va
6-
1
5-17
Scott
3
$1.75
6-
1
66-
2*
5-31
5-24
5-14
3 7 (4 c
1
6-
1
6-
1
6-
1
6-
3
6d
6-15
5-18
4(4%
50c
6-10
5-23
5%
20c
7-
1
6-10*
Southwestern
Electric
2914c
7-
1
6-10*
Southwestern
Investment
C-
1
5-14
35c
6-
—
(quar.)
_
22 (4c
IIIIIII
(increased)
1
6-30
5-14
6-
6
*
45c
7-
1
6-
6
5%
5%
Sears
Roebuck
_
Inc.
com.
(resumed)
1
6-15
5-25
6-15
5-25
145c
6-30
5-31
Secord
15c
Canada, Ltd. (increased)
1
6-
140c
I-IIIIIIIIiri
6-
6-15
150c
Ltd.
6-15
6-
1
5-19
25C
6-
1
5-10
25C
9-
1
8-10
Second
Co.
5%
25c
12-
1
11-10
(Laura)
$1
preferred
(quar.)
3
Co.,
(quar,)_
30c
6-
1
5-20
com.
1
6-
1
5-20
25c
6-
1
5-20
25c
~~6-
1
5-20
25c
-
50c
6-
1
5-16
20C
6-
1
5-14
7-
1
12-10
5-17
5-13
25c
6-
5
6-15
6-
1
6-11
6-
2
6-11
6-
2
6-20
6-10
6-10
6-
1
6-10
6-
1
50c
6-15
6-
8
6%
5-13
6-
20c
13
*
preferred (auar.)
Spear & Company, 5% 1st preferred (quar.)
5% 2nd preferred (quar.)
Speer Carbon Co.^
Spencer, Kellogg & Sons, Inc. (quar.)
Sperti Foods, 5% conv. preferred (quar.)_
Spiegel, Inc., $4.50 conv. preferred <quar.)_
Springer Sturgeon Gold Mines, Ltd
Squibb & Sons, common (quar.)
$4 preferred
(A.
5-20
6-
1
5-17
Standard
1
5-14
Standard
7-
1
6-10
$3.50
5-31
5-20
7-
6-
75c
$1.50
E.)
$3.75
Accident
Brands,
1
12-15
12-
5-
4
$1.10
v7- 1
6-
3
$1
Chemical
Standard
i.
lOc
6-15
Co.,
$1.60
convertible
Co.
of
Oil
Co.
(Indiana)
Standard
Oil
Co.
Oil
Co.
Stock
5-16
6-15
6-10
3%%
6-13
5-27*
I
6-
1
5-13
|25c
6-
1
5-14
43114c
6-
1
Oil
6-30
6-10
$1*25
9-30
9-
$L25
40c
12-31
6-15
12-
6-
9
9
1
Co.
Standard
A
Standard
Steel
Spring
Stoker Co.
State
Fuel
Stecher-Traung
I
(quar.)
~
6-
6-
1
,
1
5-15
6-
1
4-29
$1.25
6-
1
4-29
7-
1
6-20
6-
1
5-20
$1
5-10
50c
(quar.)—:
6-10
6-10
5-11
each
Co.
50c
6-10
5-31
$1.50
6-10
4-22
6-10
4-22
50c
6-10
5-19
93%c
quar.)
(increased)
for
7-15
6-24
6-
5-13
200
(quar.)—
(quar.)
25c
1
—
(quar.)
25c
6-10
5-20
25c
(quar.)
7-
1
6-15
8-
1
8-
1
7-11
6-10
5-20
115c
JlOc
15c
7-11
Corp.,
$1.25
$1.25
9-30
9-15
preferred
(quar.)
$1.25
12-31
12-15
Sterling
Drug,
Inc.
Stern
5-16
6-
1
5-
7-
1
6-10
31 ('4c
7-
1
6-10
Strawbridge & Clothier,
Stuart
&
4(4 %
preferred
Baer
Stone
&
&
Fuller
;
(quar.)
6-
1
5-18
56C
7-
1
6-18
25c
(quar.)
6-10
5-31
Webster, Inc
Screw
(D.
Class A
A.)
Co.,
Oil,
Ltd.,
Ltd.,
1
6-15
Stonega Coke & Coal Co
Stowell
6-15
50c
(quar.)
1
Stern
6-30
Textiles,
6-
5-18
5-13
6-15
5%
410c
5-18
5-23
3
(quar.)
5-16
1
6-10
6-
(quar.)
1
1
6-20
6-15
40c
(quar.)
common
Lithograph
6-
6-
5-27
preferred
5-12
6-
6
preferred
6-
25c
7-15
6-
5%
6-10
25c
7-15
1
5%
l014c
common
1
8*
tlOc
(quar.)
Supply Co
6-10
9
8-
$1
(reduced)
$20c
Ltd
5-25
30c
(quar.)
Jersey
Stanley Brock, Ltd., class A
Class B (quar.)
Stix,
IIIII
6-15
94c
Railway Equipment Mfg.
j10c
(quar.)
5
36 %c
(quar.)
50c
Trust-
6-
7-
6-13
(Detroit)^
+
share
(Ohio),
I2(4c
1
1
6-15
13c
40c
(increased
New
(for
preferred
5-14
$2 50
preferred
5-13
5-21
1
2%
Standard
5-13
6-10
6-
23c
$1,121/2
common
California
(Ky.)
of
dividend
1
,7-15*
5-25
6-15
40c
preferred
Oil
6-
1
50c
$1
held)
1
I71/2C
12%c
87V4c
Ltd.,
Standard
5-23
6-
5-16
*
6-30
8-
5-16
1
Dredging Corp.—
Standard
6-30
1
6-
(quar.)
Standard Cap & Seal Corp.—
$1.60 conv. pref. (quar.)
1
1
6-
6-
$1.37V2
$1
Co.
5% preferred
(quar.)
Standard-Coosa-Thatcher Co.
9-
8
$1.37 V2
(quar.)
common
Standard
9-15
6-
preferred
5-11
1
6-15
,___
Insurance
5-20
6-
8
$1.50
—
6-
6-15
6-
Manufacturing Co.—
6-10
1
6-15
6*15
4
(quar.)
prefer) ed (quar.)
6-15
9
10c
7-13
7-15
25c
——
(quar.)
Common
6-
I
(quar.)
$4 preferred A
Staley
37(4c
4$1.06
40c
convertible
412(4c
25c
:—
Service, common—
Telephone CO. (quar.)_
Sovereign Investors. IncSpalding (A. G.) Brothers (quar.)
.-_
Sparks-Withington Co.—
12- I
1
91(40
common
6-
States
$1.07(4
common™
Acceptance
Corp.,
preferred A
(quar.)
Security Banknote Co..
6-15
Public
Standard
Shops,
20c
1
Southwestern
*
quar.)
(quar.)
Candy
1
(quar.)—
Co.
6-
Southwdstern
85c
Investment
6-
I
62(4c
(quar.)
(quar.)
(quar.)
partic. preference
4%
Service
Standard
Lines, Inc
Canadian
6-
6-15
,
1
IL25
Common
_
I
&
6-15
•
0-
$1.25
I_I_IIIII
Securities
Seatrain
8-15
$1,061/4
(quar.)
conv.
50c
preferred
30c
5-13
9-15
6-15
•1.25
(quar.)______
<quar.)_—
common
9-
0-10
9-10
$1.25
(quar.)
(Del.)
6-15
$1.25
171/2C
$1.25
preferred
preferred
5%
$1.12(4
(quar.)
Seaboard Oil Co.
5-13
$1
5-13
Association,
5%
6-15
"
1
7C
Seaboard Air Line RR. Co.,
5%
preferred
5-31*
6-
25c
Co
Ltd.,
(quar.)
preferred
non-cum.
preferred (quar.)
5-31
6-20
5-14
'
preferred
3.65%
12 (4C
Alexander, Inc. (reduced)
Loan
Scythes & Company,
J
5%
preferred
7-15
6-13
$1.25
5%
Union Gas,
1
50c
—
Railway Co., common (quar.)_____
non-cum.
preferred (quar.)
Southern
8-
1
25c
(quar.)™_I_r_I_
(initial
6-15
$1.20
^
6-
1
Ry.
preferred
5-23
6-30
(quar.)
:
preferred - (quar.)
sinking fund preferred (quar.)
Southwestern .Lite Insurance (Texas) —
Quarterly
_
(quar.)
Manufacturing Co.—
4.30%
5-14
37 (4c
(quar.)
(quar.)
Scovill
2
6-27
7(4c
11111111
6-23
50c
5-23
1
(quar.)
6-15
IIIIIIIII
common
Co.
6-10
50c
(quar. )__„_____
(quar.)__
preferred
1
'6-
37V2C
com—
(quar.)___
6-10
25c
s-a)
5-20
125c
—
(quar.)
Paper Co.,
$3.40
Gas
$1
(quar.)__
Brick
1
6-
Plywood, Inc. (quar.)
Fisher
6-
6-
3
_
Sayre &
6-10
(quar.)__
25c
$1
Mining Syndicate, Ltd._______
$2.50
preferred
30c
quar.)
Remedial
6-
34%c
Southern
4.8%
Co.,
25c
i
26Vac
-
____——
Indiana Gas & Electric
5-25
j5C
(increased
Saudi Arabian
81 %c
common—
-
6-15
(quar.)
Francisco
Ltd.,
1
Co.
—
50c
(quar.)_ 4$1.06%
conv.
5-25
25c
™
6-
$2
II
5-27
6-13
5-23
1
(quar.)__
pfd.
conv.
San
5-20*
6-11
25c
(quar.)
Pittsburgh, Youngstown & Ashtabula Rv?—"
7% preferred
Placer Development, Ltd.
(s-a)
"I
(quar.)
6-
75c
—
prior preferred
(quar.)
Company,-common
A (quar.)
1st pfd. series A
>6-1
Water
(quar.)_
10-
~~
4,40%,
5-23
$1.75
15c
Common
6-1
Natural
preferred
preferred A vtc (quar.)
preferred A vtc (quar.)
5% conv. preferred A vtc
(quar.)___
St. Regis Paper Co.—
5-28
7- 5
Southern
6-15
5%
7-31
California
Southern
6-15
5%
28j/2C
6-10"
7-
(quar.)
Francisco
5
(quar,)—_
1
7-
6t. Louis-San
5
preference
7-
(quar.)
Safvvay Steel Products, Inc. (quar.)
Saguenay Power Co., Ltd., 4Ya% pfd. (quar.)
St. Joseph Lead Co.
(irreg.)
St. Joseph
Water, 6% preferred (quar.)_
1
6-
convertible
-
$1.75
25c
pfd.
5
"6-30
7-
0-ir
25c
common
4(4%
5
5-
27c
•
7-31
1
$1.25
(Jacob)
7- 5
6*
•5-31'
30 (4c
28c
preferred (quar.)—
$1.25
Ruppert
5-18
6-30
(quar.)____
10-
25c
Corporation (quar.)
Roxy Theatre, Inc., $1.50 preferred
(quar.j.
Royallte Oil Co., Ltd., new com.
(initial)
5-16
5-17
$1.18%
(initial).
Rotary Electric Steel Co.
5-16
6-
20c
common.
6-
25c
4.56%
$1
1
7-31
preference
preferred (quar.)_™
5-16
6*
$1
Rowe
___
')
.5-14
convertible
5%
(quar.)
Corp.
;f5-i6
6-1
50c
5(4%
prior preferred
Inc.
5*31
"■ 30c
$1,121/2
common
4(4%
6-15
1
5-31v
--
(qu»r.)
4% "preferred
6-30
1
6-
40c
Paper—-
5-10
■
6-
6-30
1
75c
5-26
•
5- 6
6-30
(quar.)
Southern
series A preferred
Industries
&
Bag
6-10
IOC
31 %c
(quar.)—_
5-13
25c
participating original preferred (quar.)
4.88% cum. preferred (quar,)
4.32% cum preferred 4quar.)
$1.75
Extra
5-20
:
6-15
Brothers,
A
;
5 %
6-10
7-
Ross
■
(quar.)—
50c
6-15
(quar.)
(initial
-
(quar.)__^___-_
Works (quarr)—
preferred
1
(quar.)
Extra
6-
4(4%
1
$1.25
common
Inc.
Greyhound Lines' (quar.)_—_
7-
;
Roos
Oil Co.,
Southern California Edison,
7-
25c
Haas
preferred (quar.)-™™4
L.)j 6%
Advance
4
6-
5-20
5-21
6-10
425c
12-10
6-10
6-1
1
420c
12-20'
15c
(T.
$1.75
-
9-10
5-13
7-
>
9-20
-
_
5-10
•
50c
6-10
Southern
1
>
6-30
South Bend Lathe
6-
1
6-10
50c
Southeastern
6-15
2
6-
6-20
1
6-10
40c
5-
50c
-
1
6-10"
$1.12(4
2
6-15
30c
6-
0-10
(quar.)
;
6-
1
Co.—
5-25
(quar.)
$1.05
2
$1.12(4
6-14-
5-19
87 Vac
2
90c
9
5-16
preferred (quar.)
_______
preferred (quar.)
Smith, Kline & French Laboratories (quar.)
7-
(quar.)
9
5-
3(4%
7-
1
5-
-
4.20%
$1.25
7-
1
6-1
6-15
1__
7-15
$1.37(4
6-
(quar.)___ 4$1.12(4
—$1,50
dc Sons Carpet Co.—
(quar.)
1
1
•
(quar.)
8-
7-
1;
50c
Iron
&
Socony-Vacuum
25c
5-16
•
4.48%
Paper Co., Ltd., 4%%
Ronson Art Metal Works—
1
(Alexander)
Smith
1
6-1
.
7-
-
(quar.)_______
Rolland
1
6-30
Steel
7-15
8-
54 (4c
- 430c
4$1.25
5-23
5-16
1
$1.31 %
6-
6-
8-
6-
6-10
$2.50
9-15
6-1
75c
1
..
c.—
—
1
6-15
6-6
6-
5-25
10-
5c
7- 2
5-16
9-15
25c
1
6
6-1
6*15
preferred (quar.)___
New
i
25c
-
1
6-
97 (4C
1
<
6-
—
1
25c
5-17
50c
Co
Inc.
Common
Tobacco—
Ages Corp.
&
Oil
$1.50
_______
___________
5-17
1
6-15
6-15
(quar.)__—•
7-
25c
1
6-
6-
Quarterly
Quarterly
.
•
-
6-
——-—
preferred
10-
6-
4%
3.90%
Sloss-Sheffield
_______
1
6-14:
15c
-
.
6-
1
6-1
.45c
-
1
50c
15c
_•_•
1
6-
6-15
$1.50
Skeliy
6- 8
7-
30c
5-24
25c
common
America,
7-
6-
6-15
60c
Co., com.
427c
preferred series G
of
Rohm
6-15
6-10
(quar.)
(quar.)_.
Extra
$1.12V3
—
0-15
6-15
Extra
8-
5%
5-20
6-30
50c
(quar.)
6-
91ViC
Electric Power Co.
J.)
preferred
5%
5-31
$1.50
Corp.
Welder
Rockwell Mfg. Co.
Rockwood & Company,
5-31
25c
$1.50
Water
America
6-
6-
7-2
(quar.)
Sioux City Gas & Electric
Smith
Quarterly
Quarterly
6*i0
7-
Chemical Co.—
pref.
1
Robinson Little & Co., Ltd., common™
Class A preference (quar.)
Rochester Gas & Electric—
6-
& Norristown RR.
Company, class B
7-
6-15
440c
Steel Co.—v—'-
&
45c
convertible
6-15
50c
common
Lake
2oc
■
-
4%%
(H.)
redeemable preferred
5%
6-15
1st
$2
25c
&
1
J-__
.
(quar.)
& Son, Ltd., common (quar.)
1
-7-
6-29
50c
. . ....
7-
87(4c
5-30
7-29
415c
—_—_—.—__
7-
Skilsaw
preferred (quar.)
7% 1st preferred (quar.)
7% 2nd preferred (quar.)
7% 2nd preferred (quar.)____
Richfield Oil Corp. (quar.)
Riegel Paper Corp.
(quar.)
Rlegel Textile Corp., com. (quar.)_
$4 preferred A (quar.)
Roan Antelope Copper
Mines, Ltd. (interim)
Robertson (H. H.) Company (quar.)
Robertshaw-Fulton Controls, com. (quar.)__
5-11
6-
7%
' Company
6-30
1
5-31
6-30
•
—
Simpn (Franklin) & Co.-—
4(4 % convertible preferred
7-
6-10
6-15
25c
425c
425c
25c
25c
25c
25c
25c
62 (4c
*I5c
$$1.25
(quar.)__—____•
pref.
cony.
Simmons
25c
5-13
2
—
(quar.)
Publishing Corp.—
5-24
50c
______
Manufacturing Co.,
preferred
(quar.)
8-
11-15
preferred
5-19 V'
35c
1
7-
-
•
6-15
$1.25
6-
•
:
6- 9
$1.13%
5-31
4$1.73
-
Dairies,
50c
7-
5-20
6-17
-
Simmons-Boardman
$3
$1.75
6-15
$1
Ltd., class A (quar.)—
Silverwood Western Dairies, Ltd -
6-10
6-
(s-a)_
^
4.50% 4preferred
$ 1.12 (4
J
(quar.)
preferred
2-15-50
33c
common
of
7-
r
(R.
3.60%
Transportation-
preferred
Metals
(Phila.)
convertible preferred
25C
40c
Pittsburgh Consolidation Coal Co. (quar.)
Forglr.gs Co
Pittsburgh & Lake Erie RR. (irreg.f
Pittsburgh Metallurgical Co
Pittsburgh Steel, 5% pfd. A(accum.~)
Common
50c
37'/2c
;
1
Pittsburgh
Common
5-31
Extra
Silverwood
1
1
—
15c
Copper Si Brass, Inc., common..5%% preferred (quar.)
Reynolds Metals Co., common.
25c
preferred (s-a)
Pressed
Co.
prior preference A
7-
25c
_
common
Pittsburgh, Bessemer
Prentice-Hall,
6-13
_________
Extra
5(4%
_
Power Corp. of
37(4c
-
Investors Fund, Inc.—
preferred A (quar.)^
6% preferred B (quar.)
Republic Pictures Corp.—
$1 convertible preferred
(apcum.)
Republic Steel Corp., common (quar.)
5-27
25c
preferred
Co.,
1
5-20
6%
6-14
—
Co. (quar.)
Gold Mines, Ltd..:
River
6-
6-10
—
Republic
1
$1
Co.,
—
6-
62V2C
(quar.)
Pillsbury Mills, Inc.,
Powell
6-15
S5c
(quar.)____-__^
6-14
___
_______
&
25c
1
7-
(quar.)
—
76-
30c
31 %c
Signode Steel Strapping Co., common (quar.)
5% preferred (quar.)
Silknit, Ltd.
——
1
2
-
____
—
A
2
__
Company
6-
9-
5%
Phillips Petroleum
Powdrell
1
1
(quar.)
5-
—
Philadelphia Suburban
A
1
25c
(quar.)
preferred
1
710-
428c
preferred
6-
$1.12(4
(quar.)
Philadelphia, Germantown
Quarterly
3.60%
6-
6-13
50c
93%c 1
93%c
Revere
(quar.)
Phelps Dodge Corp
Philadelphia Electric Co.,
Potomac
6-10
2
6-15
6-21
6-10
(quar.)
Royalties Co., class A
Class B (quar.)—_—
Coventry Ltd.,
2
—
Steel
7-
B
Class
Signal
5-20
Extra
Trading Corp.—
of
5-27
6-15
6%
20c
Company (quar.)
Brewing Co. (quar.)
(Charles, & Co.), common
Co.
Co.—
Insurance
62 (4 C
(quar.)——
(quar.)_
$1 partic. class A (interim)
Portsmouth
5-
11-15
5-
;
A
2
5-31
6-15
$1.50
40c
42c
1
62 (4c
(quar.)—
Exploration
class
5-16
12-
5-20
Pfeiffer
Potash
5-17
33c
Pfaudler
$1.50
1
440c'
1
25c
Poor &
6O0
6-
(quar.)_
1
,
common
Plymouth Oil Co.
6-10
preferred
6-
Extra
5V2%
1
non-cum.
40c
—
Inc.
preferred
7-
1
1
'
preferred (quar.)___
Shoe Corp. of America class A (quar.)
Sick's Breweries, Ltd. (quar.)
—__—
Sigma Mines, Ltd; (Quebec)
—
Signal Oil & Gas, class A (quar.) _________
5-16
$1
Pittsburgh Coke &
$1.25
5-27
7-
$1.25
-
7%
8*15
6-
(quar.)
Corp., 4(4% preferred
Perkins Machine & Gear, 7%
Permutit (The) Company
conv.
4
1
Resistance
preferred
Petroleum
4 :
5-
(quar.)'-—
1st-preferred
Bit
Extra
5-31
——
Perfex
Pitney-Bowes, Inc.,
5-
1
1
Class
.
5-31
___
4Vi%
8
6-15
_
Pioneer
1
6-
9-
25c
__
preferred
6-
a™
6-
31 %c
$1.32
(quar.)
•1.32 cum. preferred (quar.)
___'
Penney (J. C.) Company (quar.)
Pennsylvania-Dixie Cement Corp. (quar.)
Pennsylvania Electric Co.—
4.40% preferred B (quar.)__.
8.70% preferred C (quar.)———
Pennsylvania Engineering Corp.—
Pennsylvania Exchange Bank (N. Y.) (s-a)
Pennsylvania Salt Mlg. Co.
Pennsylvania State Water, $7 pfd. (quar.)..
Pennsylvania Telephone Corp.—
•2.25 preferred (quar.)
;_
Peoples Telephone, common (quar.)
Pickle Crow
6-17
6-15
(quar.)———
(quar.) ———
•3.65
5-18
440c
20c
(quar.)
preferred
5-31
50c
25c
-
5-31
6-15
440c
50c
preferred
preferred
cum.
6-
t5c
preferred
Extra
'
6-28
J20c
————
preferred
6-15
(quar.)__
Class
3
J35c
cum.
3Va%
6-15
6-
—
cum.
&
5-16
preferred
5-27
1
Dredging, Ltd.—
$1
•1
Petroleum
6-15
25c
$1
Petroleum
1
non-cum.
$4.50
$1.06 «4
...
Company,
Referred
6-
$1.60
Renold
6-24
common—
Manufacturing Co., Ltd., com. (quar.)
preferred (quar.)-_Patterson-Sargent Co.
—
PCabodv -Coal Co., common—6%-conv. prior preferred (quar.)—
Pfeerless Cement Corp:___——
PCniok & Ford, Ltd.
-——
Peninsular Telephone, common (quar.)
Paul
(quar.)_
Manufacturing Co. (111.)—
3>/2%
preferred (quar.)
Remington Rand, Inc., common.,..
6-15
1
62 (4 c
Co.,
7%
4(4%
5-16
6-10
Inc. (quar.)_
Knitting Mills, Ltd.
7
6-
7-
$1
50c
Paton
Pet Milk
1
5-25
6-14
59%c
Shenango
6-
5-25
6-15
40c
(quar.)_____
com.
5-25
6-15
25c
Corp._
Corp.,
Products
e-15
22c
(quar.)
4%% preferred (quar.)
Valley Water, 5% pfd. (quar.)_~<
Shepard-Niles Crane & Hoist—
Sheraton Corp. of America—•
(quar.)
$1.23 convertible preferred
Sherwin-Williams Co., 4% pfd. (quar.)_™
Sherwin-Williams Co. of Canada, Ltd.—
1
45c
A
class B (quar.)
7-
25c
Inc
Shares,
Manufacturing
Shellmar
1
$1.18%
(quar.)
Bros.,
5-20
1
7-
75c
com.-(quar.)_
—
Pato Consolidated Gold
6-
1
6-15
$45c
(quar.)Parmelee Transportation Co.
4(4%
Roller
Reliance
$4.25 preferred
cum.
pfd*.
$4.75
$1.60 non-cum. preferred (quar.)
:
$2.50
(quar.)
Inc.
class
90c
5-13
tliOO
—-
6-
Common
_
Hosiery Mills, common (quar.)
7%
preferred (quar.)
t
5%
preferred (quar.)^__
Red Owl Stores, 4%% pfd; A (quar.)______
5-14
6-15
(quar.)
1
6-
Silk
1
$1
Common
6-
6-
New Hampshire
of
Industries,
'4%'non-cum
Real
1
;
(quar.)—-—
j
5-13
6-30
—
7-
5-14
■
1
6-30
_
6-
——
Parkersburg Rig & Reel
Potter
5-
6-1
Interim
(irreg.)
Quaker. State Oil Refining
*
Quebec Manitou Mines, Ltd.
Ralston Purina Co., common—__——
3%% preferred (quar.)
3%%
preferred (quar.)
Rapid Electrotype (quar.)
Rath Packing Co;
:
Raybestos-Manhattan, Inc.
(quar.)__
:—Rayonier, Inc. $2 pfd. (quar.)_____
Ray-O-Vac
Company
(quar.)
Reading Co.—
'
j
$1.25
6-
6-
35c
40c
87V2C
conv.
37 (4c
40c
5-19
40c
common.
"
4%' preferred- <quar.)__
Paramount Pictures
(quar.)——
'<1V
5-25
5-16
$1
Company
Parker-Rust-Proof
Co.,
preferred (quar.)—
■___—
purity Bakeries Corp. (quar.)__
Quaker Oats Co., 6% preferred (quar.)
5-10
V
"
6-1
35c
Pacolet Mfg.
$5
1
6-10
»
90c
1
,
"
37(40
7
6-10
5%
6-
Reliance
Page-Her sey Tubes, Ltd
Panhandle Eastern Pipe Line,
6%
6-
6-10
1
7-1..
Machinery (quar.)
Co., 5% preferred (s-a)
Package
$4
6-20
7-
$1.50
$$1.25
dividend.
Pacific
$1
6-
4$3
—
Pfizer
9-20
425c
Lighting $5 pfd
All unexchanged shares called for redemp¬
tion on June 9th at $100 per share plus
Peter
6-20
10- H
4:25c
,
$1.32
2
55»/aq
—
Gas
(quar.)
7-
Serrick Corporation,
6- 6
25c
6-15
4$1.75
Robinson *(quar.)
&
dividend preference (quar.)
Public Service Co. of Indiana, com.
3(4% preferred
(quar.).:
6-30
t25c
B'Gosh, Inc., com. (quar.)preferred' (quar.)—™
_
Oswego Palls Corp., 4Va% preferred (quar.)_
Otis Elevator Co. 6%
pfd. (quar.)—
Ottawa Light, Heat & Power, Ltd.. common.
5% preferred (quar.)—
Otter Tail Power Co. * (Minn.)
common
_
$3.60 preferred
(quar.) ———
Outboard Marine & Mfg. Co.—
Oxford Paper, $5 preferred (quar.)
Pacific American Investors, Inc.—$1.50 pref. (quar.)-_-____——
i__
Pacific & Atlantio Telegraph Co, (s-a)
Pacific Finance Corp. of California
(quar.)
above
Electric
Service
Selected
6- 6
10c
15c
American
6-15
1
7-
Sheller
$1.40
Share
Company
6-15
7-15
•
$1.06Vi
$1.10
_
Extra
•1.50
the
Public
60C
—_
Pacific
tl(4c
4$2
450c
$1.50
_—
Name of
Colorado—
(quar.)__
(quar.)
5-31
Oshkosh
Gamble
preferred
4.40% preferred
$1
O'Okiep Copper Co., Ltd.—
American shares (reduced)
Pacific
of
Co.
Service
4V4%
6-24
425c
(quar.)
Ltd.__
Mines,
& Co.,
20C
______—
—
preferred
1
3
Dome
Paper, Ltd.
20c
;
common
preferred A (quar.)
Ollverr
Corporation
(quar.)
Ontario Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
Participating convertible preferred (quar.)
Ontario & Quebec Railway Co. (s-a)
Ontario Steel Products, Ltd., com, (quar.)_
7%
1
East
Brotners
Per
Holders
Payable of Rec.
Share
Ltd., 4% pfd. (s-a)__
4% pfd. (quar.)
Public Electric Light 6%
pfd. (accum.)____
3
America-
4%
Extra-
Preston
Public
Common
When
Per
Name of Cdmpany
Payable of Rec.
Monday, May 30, 1949
CHRONICLE
FINANCIAL
&
Holder$
When
Per
Share
Name of Company
Ohio
COMMERCIAL
THE
(2360)
52
$1
class
$5
5-16
CO
(s-a)
t75c
H
4-30
$1.25
7-
1
6-21
$60c
6-
1
5-16
t20c
6-
1
5-16
common
partic. preferred
1
(quar.)
A
pfd.
6-
6-
(quar.)
I
THE
Number 4807
169
Volume
Per
Name of
When
Struthers
Sun
com. (initial quar.)
Oil Company, common (quar.)
Sun
Ray Drug
Co., common
preferred
—.—.
(quar.)____
Swan-Finch Oil, 0% preferred
4% 2nd preferred (quar.)
Sweets Co. of America
Swift & Company (quar.)__
6-20
6-15
5-25
.
Symington-Gould Corp.
Transit Corp.^
Taggart Corporation
1
5-14
5%
6-
1
5-14
5%
7-15
6-
3
7-
6-
3
1
6-
3
C-33
6-
1
6-15
5-27
1
7-
6-
1
5-16
6-
1
6
1
6-
7-
2
5-14*
1
5-16
6-
1
5-
(James) Inc., common (quar.15c
7-
1
6-15
10C
7-
1
6-15
56Vic
7-
1
6-15
50c
27c
6-
—
preferred (quar.)
4ya%
Inc.,
Talon,
——
—
common——
Taylor & Fenn, 4.32% pfd. (quar.)
Taylor, Pearson & Carson (Canada),
1
4
6-15
6-
1
6-
1
6-
5-14
5%
5%
Vick
Co.
W'aite
Fair
Fail"—-See
6-
1
Walker
Shovel Co.,
Thew
6-15
6-
1
Ward
Baking Co., common
5V2% preferred (quar.)
5-11
Warner Brothers
6-
3
5-11
3
5-11
6-
1
6-
1
5-31
6-14
10c
6-14
$1.0GV4
6-
50c
50c
$1
t25c
40c
—
6-25
6-15
6-15
6-1
Cotton
——
Warren
3
6-
Wellman
5-10
Wesson
93'Vic
15c
50c
7-
1
6-10
6-15
5-25
6-10
6-
—75c
Tishman Realty & Construction Co. (quar.)
35c
Title Insurance Corp. of St. Louis (quar.)—
25c
Title Insurance & Trust Co. (Los Angeles),
50c
6-
6
5-20
6-25
6-15
5-31
5-21
Bearing
Roller
Timken
Toledo
4y4%
Edison,
Toronto
Transue
&
Trico
Oil
Williams
Trinity Universal
Tudor
Forging
Co.
$1.50
Twin
Salle
La
Corp.
Union
Co.
Union
Trusteed
Union
Co
Car
Wellington
West
3
$5
Fund
6-
Bond Fund
West
Preferred
Union
Common
United
Air
United
5%
Aircraft
United
United
5%
4'/2%
pfd.
preierred
United
Biscuit
6%
Virginia
Special
5-13
Pacific
6-
1
United
Fruit
United Gas
Improvement
S
U. S. Gypsum Co.
7%
preferred
Woodward
;
5%
Woolvvorth
(F.
Woolworth
(F.
7-
7-
1
1
6%
6-16
1
4ya%
8-16
Worumbo
8-11
6-
5-16
6-
25c
$1.25
1
6-
$1
—
(quar.)__.
1
5%
5-20
5-27
6-13
5-27
6-
6-13
5-31
25c
7-
1
6-15
7-
5
(quar.),,
Paper
6-20
1
9-20
5%
5%
Ltd.
25c
Supply
RR.
Co.
Western.Real
Estate
6-10
5-25*
7-
6%
5%
Tablet
preferred
(The)
(s-a)—
(irreg.)
8-
1
$1.25
2-15-50
2-
1
Westinghoui-c
Air
Brake,
>—>
—
6-10
6-
1
6-20
United
6-10
6-20
6-10
6-20
6-10
6-20
6-20
6-
6-10
6-
6-15
6-
5-20
6-16
6-15
5-16
6-
1
1
6-10
5-31
5-31
——
(quar.)
6-10
Playing Card
8%
d Less
U.
5-24
6-10
5-24
7-15
6-
6-30
U.
Co.
S.
income
tax.
tax.
tAmount
Redeemed
tAmount
Redeemed of
Outstdg.
Amt. Issued
95.83%
$83
491
11590
1,278
277
1.002
21.67
548
110
438
20.07
84,900
$2,787
$2,113
56.88
>
il..-.-,
Series
A-D
—
45.42
E:
y
•
Series
E-1941
1,541
424
1,117
27.51
5-31
Series
E-1942
6,855
2,818
4,037
41.11
Series
E-1943
11,120
5,383
5,737
48.41
Series
E-1944
12,974
6,460
6,514
49.79
Series
E-1945
10,096
4,882
5.214
48.33
1
6-13
6-10
5-31
'
...-A—.-1——
4,418
1,704
2,713
38.57
4,095
1,176
2,918
28.72
5
5-24
Series
E-1948
4,206
746
3,461
17.74
77-
5
5-24
Seiies
E-1949
1,269
33
1,235
2.60
6-
1
5-16
6-
1
5-10
7-
1
5-10
7-
1
5-10
6-30
60c
6-
7-
1
1
50c
22Vic
6-10
5-27
7-
1
6-14
$56,573
$23,626
$32,946
Series
A-E
$61,472
$26,413
$35,059
42.97
6-15
$2.50
.*
75c
25c
75c
75c
E___„
Total
5-18
Series
41.76
6-15
6-
months)
6-15
1
(4
Total
8
7-
-—
'•
$1.06V4
—
-
-
-
(quar.)
"
—
common.—
1st
;—.—
preferred,
1—
G:
-
.
Series
F
and
G-1941
1,540
261
1,280
16.95
5-31
Series
F
and
G-1942—
3,213
643
2,570
20.01
Series
F
and
G-1943—!
Series
F
and
G-1944___
?
5-31*
5-31
9-20
11-30*
Series
F
and
6-15
Series
F
and
G-1946—,
7-
50c
Corp;,
common
7-
1
1
6-15
•6-
6-15
67-
1
1
(increased)
preferred
Products
(quar.)
Co.
2,732
1...
13.46
325
2,674
10.84
Series
F
and
G-1947__—_______
2,590
187
2,402
7.22
F
and
G-1948-
3,033
49
2,985
1.62
*
662
Series
F and
G-1949
663
(4 months).
5-16
5-16
Total
6-
1
Series
F
and
G_i
$3,229
$24,294
/
'
$21,065
13.29
5-16
6-10
60c
preferred—
pfd. (quar.)
,
sales
and
'
redemptions-
■
96
'
119
—22
5-31
5
6-15
6-30
6-15
50c
6-30
6-
50c
7-
$1,992
$1,909
$83
95.83
83,871
27,851
56,019
33.21
$85,863
matured
Series—Total
$29,760
$56,103
34.66
3
7-15
All
5-31
tl5c
1
4334c
—
Unclassified
5-25
6-15
>
—30c
5-
6-15
$1.50
— —
2nd
Inc., 4%
Universal Insurance Co.—__>
Universal Pictures Co., Inc.—•
16.94
425
Series
6-15
"
6-10
56Vic
.
Truck
$4.20
20.96
I
5-16
'6-10
—
—
.
Tobacco
United Stores Corp.,
United Wallpaper,
2,677
3,084
2,999
G-1945
710
629
8-31*
12-20
3,387
3,714
3,157
6-20
35c
(quar.)
and
F
6-20
75c
62Vic
$1
$2
Co., common—
Series
-
Universal
Jamaica
30%
Series E-1947
22Vic
62Vic
$1
$1.75
-
Rubber Co.,
414%
tax.
dividend
Series E-1946
—
(quar.)
-
Spring & Bumper Co.—
4*i% preferred' (quar,),,.
S
income
Wisconsin
5-31
$1
$1.75
Lines, Inc. (Del.) (s-a)
Co., common,,,
7% non-cum.
preferred (quar.),,
united Steel Co*p., Ltd.—
U
3%
$1,909
9
6-30
7-
50c
Steel
Less
x
5-31
—;——-
S.
S.
British
1
—
Co
non-cum.
7 %.
al7V2%
Extra
U.
deductible
1
—
U. S. Printing &
Lithograph
preferred
15%; resident tax
Canadian
tax
funds,
5-17
6-10
Series
•
6-
25c
1
1
,$1.06V4
50c
•
:>«?
i->
6**0
•.
5-16;
.5-31
Unmatured
Grand
5-13
f
,
Total
It.
..i
i
ji :<K{
,<«,.) I!
\
"Less
HIncludes
<
c-__
Total
than
$500,000.
matured bonds
tlncludes
which
have
1
1
8-
1
'7-20
10c
5-31
5-16
5-31
5-16
6-15
5-31
7-30
7-26
5-26
6-26'
f20c
6-30
6-15
6-15
5-16
G-15
6-
6
6-15
6-
1
tax.
<
this dividend.
15%
"
—
S.
for
less
6-
—
(quar.)
Pipe & Foundry
Special %
_5%
closed
Funds,
Canadian
In
tax
S.
4-30
Total
6-
7-
15c
5-27
6-10
5-27?
2
$1.25
5-17
50c
50c
t25c
5-31
25c
6-
Quarterly
Quarterly
U.
(s-a)_.
(quar.)
1
(increased quar.)
U. S.
Potash
(quar.)
6-
(quar.)
Lumber Company,,.,,
S
preferred
1,081
...
5-16
6-
37yac
;
$1,992
A-1935 to C-1938 (matured)
D-1941
1
6-16
7-
.
10c
(quar.)
A-D:
Series
1
25c
Percent
5-17
6-
1-
25c
a2y2%
—
U
Less
a
Issued
—
I
6-
25c
States
Series D-1940
66-
6-15
ioc
convertible
resident
tAmount
I
5-2
6-15
Niles
JPayable
1
1
Series
1
6-8
t3y2c
(Dollar amounts in millions—rounded and will not necessarily add to totals)
Series
4-22"
$2.50
6-10
6-
6-25
6-
$1.25
5-18
1
5-17
7-11
6-20
—
Savings Bonds Issued and
Redeemed Through April 30, 1949
5-16
5-14
3
•'»
(s-a)
1
6-
5-14
1
6-
$1.12Mi
5-20
6-10
5-31
6-
25c
Corp
Worsted
tPayable in U.
5-20
7- >1
<
1
$1.12ya
com.
&
50c
25c
50c
(quar.)
1
11-
6-
6-15
a3%>
58Vbc
53c
50c
—
Machinery Corp.—
*
participating preieried (quar.),,—
U. S. Lines Co. (N. J.), common (quar.),—
4Vi% preferred (s-a)
U. S.
prior preferred
^Transfer books not
8-15
11-15
$1.25
6-1
7-
1
$1.25
Stationery—
(quar.)
7-1
t40c
(s-a)
Youngstown Steel Door Co.
$2
Western
5-20
-
6-10
2
50c
65c
55c
20c
—
4'/*%'
S
registered
5-16
(s-a)
1
31'/4c
Ltd....
York
.
U S Hoffman
U
Canada,
6-16
,
6-
6-10
25c
6-
1
5-20
31lAc
Co
Knitting Mills, Ltd., class A
Youngstown Sheet & Tube (quar.)
Youngstown Steel Car (quar.
6-
1
5%
5-25
$3
6-10
6-
$1.25
6-15
$1.25
Trustees
1
25c
(quar.),,.,.
25c
—
7-
Vellow Cab Co.—
Co.—
preferred A (quar.)
preferred A (quar.)
preferred A
(quar.)
5-31
1
common,
5-25
6-
5-31
7-
15c
1
1
6-15
6-15
25c
6-15
—
5-16
;
preferred
&
3?
1
$1.20
75c
>
5-26
5-
$1.12Va
6-15
(quar.)
Co.,
1
6-
^
t50c
(quar.)_
6-
7-15
—
Wysong
6-20
50c
1
7-31
Company (quar.),
W.) & Co., Ltd.—
Extra
5-14
nyac
6'-
5-31
Manufacturing—
prior
Wyandotte
1
35c
Common (monthly
Common (monthly),..
—
6-
5-16
Mines, Ltd.,,,^
Wngley (Wm.), Jr., Company— /
Common (monthly
5-20
1
6-13
$1.50
5-16
6-30
Wright-Hnigreavcs
5-13
>750
(quar.)
6-30
dividend),
Wright Aeronautical
6-
6-10
— ■
Corp of
conv.
5-31
20c
W.)
preference
6-13
27y2c
Worthington Pump & Machinery Corp.,
4'/2% prior preferred (quar.)
6-15
1
Combing
1
6-15
$70c
(quar.),,:
Governor
Wool
10-
5-15
Industries, common (quar.)
preferred (quar.)
5-14
•
1
7-
$l5c
conv.
5-16*
1
6-
$1.06y4
1
Co.—
preferred
Steel
1
7-
5-18
90c
Light
(stock
1
7-15
6-1
1
$1.50
Machinery Corp.,
preferred
6-
6-21
1
25c
*—
(quar.),—
Co.
1
7-
75c
25c
>
1
preferred
preferred
Guarantee
7-
25c
—
;
convertible
7%
1
25c
(quar.)
U. S. Casualty Company, 45c conv. pfd. (s-a)
U. S. Finishing Co., common (quar.)—_
$4
1
6-
10-
$1.25
(quar.)
Shares
5-14
5%
Series D-1939
—
Co.
5-16
$$1.75
(s-a),
5-14
6.36% prior preferred (monthly)__———
6% prmr preferred (monthly)
United Molasses Co., Ltd.—
Ordinary registered (final)
U
6-
6-15
•
Products,
5-14
(quar.)
■;
6-24
5-31
United Light & Railways Co.—
7% prior preferred (monthly)—
Extra
1
5-31
(quar.)
United Illuminating
United Income Fund
6-
$50c
,
Co.
6-24
t50c
——
Cos.
1
5-16
(quar.)
Ltd., class B (quar.)_—
Coal
6-
6-1
Common
3
6-
,
Coke
&
(Alan)
5-14
6-
SOc
.
Circuit, Inc.—
—
Wood
6-16
1
10-15
6-
6-
(quar.),,,,
(quar.)
convertible
5
35c
6-15
7-2
common
(quar.),,,
:
20c
—
Auto
class A_——
America
Corp.
Electric
Extra
5%
*
6-
12 %o
$1.25
(quar.
Wood Newspaper
7-
12 V2c
&
1
t$2.50
t25c
Westeel
Condensing
1
United Carbon Co. iquar.),
United-Carr Fastener Corp.
United
Pulp
Western
6-15
—-—-
United Elastic
6-16
—L—_—
special guaranteed
Western
————
__l;
Extra
United Corporation,
7-
Co.
$1.13
;
Virginia Coal &
Western
$1.12V2
$1
$1.25
—
(quar.)
of
5-13
20c
Jersey & Seashore RR. Co
5-31
He
—
(quar.)
Corp., Ltd.,
Co
6-15
Oil
Extra
25c
5-31
18c
common—,———
Theatre
5-16
Power
7-29
25c
(s-a)
Power,
preferred
Woodall
(s-a)
common
Electric
7-
f25c
preferred
7%
preferred
750
(s-aH
6-10
13c
__—
Artists
6-15
Wiser
Inc.—
(quar.)
8-10
24c
——
Fund—
B
5-16
11-10
17c
Stock
Amusement
Class
(quar.)
6-15
93%c
25c
Fund,—.—-
(quar.)
6-11
1
5-24
7-15
8-15
62'/2c
#
!
Corp.,
preferred
$4.80
35c
Inc.'—
Stock
Lines,
Co.
Co.,
Disinfecting Coip.,
preferred
Indies Sugar
Extra
5-16
1
25c
(quar.),,
C
Union
Union Bond
4V'2%
7-
preferred
Hirsch,
Wisconsin
5-10
Co
Snowdrift
8-15
65c
A
Union
&
West
5-21
625/2c
62V2c
62V2c
75c
Fund——
Bond
Fire Insurance
Engineering
Oil
$4 preferred
5%
—
Funds,
5-13
6-11
3c
!
11-15
50c
37V2c
$1.12V2
preferred A (quar.)
—
;—(San Francisco)
(quav.)—
Tank
1
2
'
25c
25c
$1.75
35c
$1
Sugar Co.
Union
6-
25c
West
(s-a) _4_
3
6-10
_l_
(s-a)
(s-a)
(quar.),,
preferred (quar.)
7-
$1.37 »/2
Corp.
5-27
——
California—•
of
Co.
Oil
$3.75
Union
3.60%
Pictures,
6-10
——-—-
Rubber
&
Terminal
West
(quar.)
——L.
Corp.
Asbestos
6-
1
5-24-
1
,
preferred
40c
West Ohio Gas Co. (quar.),___————
(quar.),,
_>
Underwood
6%
25c
5-18
—
Quarterly
Union
Wisconsin
7-15
(quar.)
5-20
Association
St
6-10
8-
&
f 50c
1
preferred (quar.)———
Rapid Transit, 5% pfd. (quar.),
City
6-24
Ltd
1
(quar.)„
—
South
208
Winter
$1
1
prior
$4.50
5-31
20c
6-
——
(quar.)
conv. preferred
6-20
(quar.),,.
1
6-
Co.—
C.),
non-cum.
140c
6-
Unit, Inc., 6% pfd.,
Film Corp.—
City Fourth
1
Twentieth Century-Fox
Common
5%
62 y2c
6-
(quar.)—,,
Insurance Co.
Coal
Truax-Traer
5-31
37VfcO
tl5c
Corp.,—
25c
—25c
"
Steel
Quarterly
Troy & Greenbush RR.
6-20
6-15
6-
10c
(quar.)
,'j
Ltd.—
:—
Willson Products, Inc. (quar.),.
Winnipeg Electric Co., common (increased),
(J.
SOc
1
5-15
75c
preferred
Wilson
$1.25
$1.06 V*
(quar.)
preferred
Co———
Gas
&
Co.——
Ltd.—
Elevators,
$4.25
6
5-20
,
6-15
(initial)__
5-31
5-16
5-19
Knitting Mills (quar.)———
Weeden & Company,
4%
convertible preferred
(quar.)
1
common
&
convertible preferred series A
1
(quar.),
Common
2
new
6-
6-15
6-
1
25c
Ltd.
(quar.)
Wilson Brothers, 5% preferred
Wilson & Company, common
6-1
Wayne
6-15
Inc.,
6-20
6
6-15
6-14
6-
■
Wilsil,
1
6-
$1
Corp. (quar.)
Waterloo, Cedar Falls & Northern RR., com.,
6-
Time,
5%
1
5-14
6-
(quar.)
1
1
(increased)
Corp.
$31 V4c
(ouar.),,,
Petroleum
7-
—
(quar.)
Oil, common (quar.)_
$3.75 preferred
(quar.),
Tilo Roofing Co. (reduced quar.)—
—
Ltd.
Tide Water Associated
12-
1
50c
(Northam) Corp.—
convertible preferred (quar.)
(S. D.) Company, common,!
$4.50
preferred (quar.),,,,
5-31
6-15
*
Stores,
12-10
$3
5-17
6-15
40c
(quar.)
common
(quar.)—.
Mills.
—
Thompson Products, Inc., common
4% preferred (ouar.)
Thrift
9-1
Works
77-
Extra
Warren
6-
$1.75
preferred
41/4%
Warehouse
25c
(quar.)_
Extra
Thomaston
9-10
Wilcox Oil Co., common (quar.)
Willcox & Gibbs Sewing Macblnge
Warren
common
Thomas Steel Co.,
5-27
(The)
preferred (quar.)—
7%
1
__
Gooderham & Worts,
25c
(quar.)
6-
(quar.)
25c
$1.75
75c
TPvfrci
The
Whiting
6-10
Ltd.,,
G-15
25C
Pacific Coal & Oil
Texas
1
125c
Corp.
3c
5-27
Machine
6-
30c
5-16
6-15
Whltin
5-17
6-10
6-
5-1$
1
25c
12V2c
$1.25
;
$$1.126-
Stores, Inc
6-1C
20c
6-15
6-15
Auto
5-13
6-15
5-24
25c
White's
1
U5C
6-10
50c
$1.25
;
$1.35
"
(quar.)
2
Ltd.,,.
Co.,
9"
50c
(quar.),,,,
$1.25
Walgreen Company, common
4%
preferred (quar.)
(H.)
5-20
9(
5-
(quar.),
6-20
Co., Ltd
Mines,
1
5-
6-1
Ltd,—
redeemable preferred
Weyenberg Shoe Mfg. Co.
Whitaker Paper Co
5-2U
6-
50c
Cotton
1
Corp.
6-
Corp.
Amulet
(Geo.),
4y2 %
Instrument
6-
(quar.)
Co
Manufacturing
Weston
6-20
b-
„
Electrical
9
6-1
95c
50c
Ry., common (quar.)
preferred (quar.)
Vogt
Weston
5-
87V2c
500
Virginian
Wabasso
9-20
12-22
6
Holdct»
Payable of Reov
6-1
iquar.)
75c
Electric & Power, common
preferred (quar.),,.
5-25
1
$1.37 V2
Virginia
4-20
1
preferred B
53
25c
common
25c
(quar.)
Equipment
Visking
710-
1-3-50
3.80%
5-28
25c
Chemical
$5
6-
,
$1.25
...
:
Viking Pump Co
Virginia Coal & Iron Co
Virginia Dare, Ltd., 5% pfd.
5-31
1
_
Corp.
Victor
1
8
62 V2c
—_
Manufacturing
6
7-
62 V2C
.»
preferred
1
6-
62 y2c
r
Co
Verney
1
6-
5-
share
Westinghouse Electric Corp.,
3V'2 % preferred A (quar.)
5-14
3
6-
Co.,,
Viceroy
6-10
t50c
37J/2c
10%
1
6-
When
Per
Name of Company
1
6-
40c
preferred (quar.)___
preferred (quar.)
<j%
tl2MiC
convertible preferred (quar.)
Teck-Hughes Gold Mines, Ltd
Tecumseh
Products
(initial)
—„
Telecoin Corp. (stock dividend)——
Telephone Bond & Share—
7%
1st
preferred
(accum.)—
—
Telluride Power, 6% 2nd preferred (s-a) — _
Tennessee, Alabama & Georgia Ry
Terra Haute Water Works, 7%
pfd. (quar.),
Texas Gulf Sulphur
(quar.)
—-
5%
5-16
Ltd.—-
5%
Raalte
6-
t2 V2c
Vanadium-Alloys Steel
(quar.)_—
Vapor Heating Corp., common
1
4-26
5-31
6-
gxt;ra
Norman
Van
6-23
7-
Van
Holder»
6-15
22V2C
(quar.)
Valley Mould & Iron Corp., common
$5.50 prior preferred (quar.)
5-16
7-
preferred
Knitting Co., common,,
prior preferred
(quar.),
prior preferred
(quar.)
prior preferred (quar.)
&
(2361)
Payable of Reo.
25c
Mines, Ltd
Light Co
Utica
6-
15c
Syracuse
Canada
When
Share
1
common
Power
5%
JlMiC
25c
75c
Sylvanite Gold Mines, Ltd._
convertible
Upper
15c
50c
37V2c
JOc
25c
40c
(quar.)_
(quar.)
Sunshine Mining Co. (quar.)
Sutherland Paper Co. (quar.)
Talcott
Company
Winding Co.,
Utah
25c
26iB8c
28Vac
(quar.)___—__
Oil Corp., common
41/4 %
preferred series A
41/2%
preferred series B
90c
5
5
CHRONICLE
Per
5c
37y2c
——
(quar.)
Sunray
811-
6-30
50c
25c
Sunbeam Corp., new
6%
8-15
11-15
31 Vic
3iy4c
FINANCIAL
Name of
Universal
Wells Corp.—
$1.25 preferred
(quar.)
$1.25 preferred (quar.)
&
Holdere
Payable 0/ Reo.
Share
Company
COMMERCIAL
accrued
not
discount.
been presented
tCurrent
redemption values
for payment.
non-residents'
at
the
source.
Non¬
(A-
54
COMMERCIAL
THE
(2362)
Monday, May .30, 1949
FINANCIAL CHRONICLE
&
DEPARTMENT
STATE AND CITY
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Gadsden, Ala.
Bank of Los Angeles (P. O.
Los Angeles 54), Calif.
Sale
Warrant
The $1,500,000
—
Offering—The
Bond
the
to
Farmers.and Merchants National
able to the
Bank,
as
of Education Capital Out¬
co-executor, will receive bids ad¬
lay warrants offered May 24—v.
169, p. 2150—were awarded to a
syndicate
composed
of
Sterne,
Agee & Leach, Hendrix & Mayes,
both
of
Montgomery,
Watkins,
Morrow
&
Co., First National
District, is required.
ties
Department, until
10 a.m.
(PST) on June 6 for the purchase
$3,006,000 U. S. A. 3% Panama
Canal Loan registered bonds, due.
June 1, 1961.
Offices of the bank
are
at 401 South Main St., Los
Angeles 54.
The bonds are in
$10,000 denominations and bids
may be submitted in writing or by
of
of Birmingham, and
the First National Bank, of Mont¬
both
Bank,
at a price of 99.63, a basis
of about 2.65%, as follows:
gomery,
$401,000
wire.
Due on March 1
2%s.
as
Due
Gonzales
March
on
Due on March
2%s.
as
1 from 1960 to 1965
inclusive.
(PST)
chase
Anchorage Indep. School District,
S.
U.
—
until
bids
sealed
8
p.m.
on June 14 for the pur¬
chase of $1,600,000 not to exceed
(SMT)
school bonds.
interest
6%
Due
$90,000 in 1960 and 1961, $95,000
$100,000 in 1963 and 1964,
in 1962,
trict
for
deem any or
all of the outstand¬
ing bonds of said issue at par in
numerical order on any interest
for 5%
amount
of
of
the
after .10
bids until
pon
the
Maricopa County, Phoenix Union
High School District (P. O.
Phoenix), Ariz.
interest
4%
school
coupon
Marin
the
J-J.
The
in 1950, and $30,-
and
Interest
1952.
opinion of
some market attorney to be fur¬
nished by the purchaser at his
own
expense.
A certified check
approving
for 5% of the total amount of the
bid, payable to the County Treas¬
urer, is required.
City
School
District,
Los Angeles County (P. O.
Los
Angeles), Calif.
Bond Sale—The $250,000 school
bonds offered
2254—were
May 24—v.
awarded
169, p.
to the
Bank
of America National Trust & Sav¬
ings Association, of San Francisco,
as
2V4s,
basis
at
of
price
a
about
June
1, 1949.
1950
to
ond
1964
Due
National
101.31,
for
2Vis,
at
100.90.
bonds.
to
a
Hill, Dis¬
a.m.
of
a
sec¬
coupon
registered
or
Dated June
SecurityLos
&
15, 1949.
a
on
opinion
to
Dist.
bonds.
Elementary School District,
Ventura County (P. O.
Ventura), Calif.
Bond
Offering
L.
—
Hallo-
E.
County Clerk,
well,
sealed
bids
June
until
1950
to
1955
inclusive; $10,000
from 1956 to 1962 inclusive; $30,000 from 1963 to 1968 inclusive,
and $24,000 in 1969. Principal and
interest
(J-D)
payable
at the
Treasurer's office. These
County
bonds
authorized
were
check
to
for
in
were
interest,
The approving opinion of
held
V4
of
authorized
Co.,
election
on
of
bid,
3%
the
Chairman
the
Board of Supervisors,
April 25.
Orrick,
Dahlquist, Neff & Herrington, of
Francisco, will be furnished
$50,000
on
clusive.
■
$30,000 from 1961 to 1970 in¬
clusive.
July 1, 1949. Denomina¬
Principal and interest
payable
at
the
County
tion $1,000.
for
5%
Plumas
County School District
(P. O. Quincy), Calif.
Bond
Offering—John
Donnen-
Dist.
as
follows:
to
1959
in
1960.
$5,000
from
1950
inclusive, and $3,000
These
authorized
at
bonds
the
were
election
Dist.
bonds.
Due
on
Sch.
July 15,
follows: $4,000 from 1950 to
1955
inclusive,
and
$3,000
as
1956
the
to
1959
were
inclusive.
authorized
election
held
on
April 29.
July 15, 1949. Denomina¬
$1,000.
Principal
and
in¬
terest (J-J) payable at the
County
tion
Treasurer's
name
the
office.
rate
of
Bidders
interest,
pressed in a'multiple of
A
certified
check
for
to
ex¬
23—v.
,
.v
.f;'}!
Due
on
V
:
'
Housing Authority
>
Secretary, will receive sealed
11 a.m. (DST)Von
May:/
son,
bids until
for
the
purchase of $354,500
Dated June 6,
Due on June 6, 1950.
The
Series M-2 notes.
1949.
opinion
approving
of
Robinson,
Robinson & Cole, of Hartford, will
be furnished to the purchaser at
the Authority.,
the expense of
•
Milford
Housing Authority, Conn.
Note Sale—The $338,000 Series;^
-
M-l notes offered
May 23—v. 169,
to4JJP.
Morgan & Co., Inc., of New York,
2150—were
p.
awarded
follows: $100,009 at 0.89% in¬
terest; $100,000 at 0.90% interest;
$100,000 at 0.91% interest, and
as
$38,t)00 at 0.92% interest.
Additional Sale
The $100,000
.—
Series M-l notes offered
date
were
ford
National
of
awarded
the
to
interest, plus
Hart¬
'
Hartford,
a
premium
of
Bank
;
same
on
$4.00.
the
notes
are
31,
due "May
'
V\
1950.
FLORIDA
Macclenny, Fla.
Bond
San
Francisco, jointly, as 2%s, at
price of 100.31, a basis of about
2.69%.
Dated June 1, 1949.
Due
a
June
on
from
1
1950
clusive.
Helendale
ed
Sale
William
of
Los
of
100.35,
were
--
bonds
award¬
Staats
R.
Co.,
Angeles,
as 3s, at a price
basis of about 2.92%.
June 1, 1949.; Due on June
a
1 from 1950 to 1957 inclusive. The
second
highest bidder
Bank
was
of America National Trust & Sav¬
ings
Association,
$110,000
as
Francisco,
San
3s,
at
100.76, and $40,000
price of 100.20.
a
as
Offering
—
W.
F. Wells,
City Auditor and Clerk, will re¬
ceive
sealed
(EST)
on
bids
until
p.rh.
7:30
May 30 for the purchase
of
/
;
District
date
in¬
The $40,000
—
School
on same
the
to
1960
to
'C
Additional
price of
at a
3s,
$150,000 not to exceed
construction, Issue of 1949
coupon bonds. Dated May 1, 1949.
sewer
Denomination
$1,000.
Due May
follows: $1,000 in 1951 to
1955, $2,000 in 1956 to 1959, $3,-
1,
as
1962, $4,000 in 1963
000 in 1960 to
and
$6,000 in 1967 and 1968, $7,000 in
1969
$240,000 school
May
23
were
arid
1970, $8,000 in 1971
and
1972, $9,000 in 1973 to 1975, $10,in 1976 to 1978, and $11,000
000
in
1979.
The
right to call
or
City
tne
bonds
reserves
redeem any
outstanding or un-=
interest payment date
May 1, 1961, in inverse
numerical order, at par plus ac¬
crued interest thereon to date of
paid
Union School District,
Sonoma County (P. O. Santa
Rosa), Calif.
1966,
1964, $5,000 in 1965 and
which may be
Sebastopol
on
on any
or
call
after
or
and
redemption. Principal
National Trust & Savings Associa¬
payable at * the
Citizens
Macclenny. The
approving opinion of Giles J. Pat¬
tion, of San Francisco, on a bid
reflecting a net interest cost of
furnished
about 2.10%.
out
bonds
offered
awarded to
the
Bank
of America
v
Washington Elementary Sch. Dist.,
Yolo County (P. O.
Woodland), Calif.
Bond
son,
Offering—C.
County
Clerk,
L.
will
Hiddle-
receive
sealed bids until 2 p.m. (PST) on
June 15 for the purchase of $230,not
to
exceed
5%
Dated July
•
i•'
..t
interest
(M-N)
Bank,
Jacksonville, will be
the purchaser with¬
cost. A certified check for 2%
terson,
of
to
of the par value
of the bonds
for,
the
payable
quired.
v.
169,
p.
(P. O. Ocala),
2038—wefe
1, 1949.
the
Clyde
■"
bid
is re¬
Fbtt'
Sale—The
Florida
/,
City,
$200,000 SBA
refunding bonds offered May 24—
Bond
the
■
to
Marion County
interest
Denomination $1,000. Due $10,000
on
July 1 from 1950 to 1972 in0'Jn
t
1949.
25,
Offering—Lotlis W. John¬
Bank, of Los An¬
geles, and Dean Witter & Co., of
school bonds.
.
Salomon
to the California
of the
bid, payable to the County
Treasurer, is required.
(1
May
169, p. 2150—were awarded
000
amount
Dated
All
Bond Sale—The $110,000 Yermo
of 1%.
3%
Sch. Dists.
Bond Sale—The
held on May 15.
36,000 Mann Elementary
Co.,
School District bonds offered May
for
Elementary Sch.
bonds. Due only July 15,
by
May 25, 1950.
(P. O. San Bernardino), Calif.
vided
$53,000 Taylor
Trust
&
at 0.92%
San Bernardino County
Dated
follows:
.
of
amount
bonds, payable to the Chair¬
man of the Board of Supervisors,
is required.
wirth, County Clerk, will receive
sealed bids until 10 a.m. (PST)
on
June 6 for the purchase of
$89,000 not to exceed 5% interest
coupon or
registered bonds, di¬
as
certified
A
the
of
the
of the
is required.
office.
Treasurer's
check
&
.•
City
Junior
College Dist. bonds. Due July
1, as follows: $20,000 from
1951 to
1960 inclusive., and
500,000 Riverside
(J-J)
Bank
Hutzler, New York,
at 0.92% interest, plus a premium of $15.69.
- »
>V /■>$
31
1951,,tp;l970 in¬
July 1 from
offered
Bid¬
multiple of
1%. These bonds
the
cer¬
Dated
the rate of
a
at
April 19. A
on
at
name
a.m.
(PST)
purchase of
$304,000 not to exceed 5% interest
school bonds. Dated June 15, 1949.
Denomination
$1,000.
Due
on
June 15, as follows: $5,000 from
Principal
(J-D) payable at the
office.
10
the
for
7
will receive
Bros.
.
Due
interest,'
Connecticut
inclusive, and $80,000
inclusive../
1,000,000 Riverside: City School
•
v
Hartford, at 0.90% interest'
plus a premium of $3.00.
Note
Dated
Oxnard
National
.
Middletown
1956
from 1957 to 1971
;
premium of $1.01.
100,000 purchased
by
Hartford;
Peque-
follows: $50,000 in 1951
as
/
a
503,000 purchased
$1,500,000 Riverside
City
High
Sch. Dist. bonds. Due on July
are
O'Melveny
plus
County
1,
; -
Torrington, at/Q.90%
required.
A.
>.
1
_
000,000 not to exceed 5% interest
school bonds, divided as follows:
March 25. The
of
Offering—G.
A
10%
$100,000 purchased by Torringtqn
National Bank & Trust Co.
County
approv¬
Clerk, will receive
sealed bids until 10 a.m. (PST) on
June 6 for the purchase of $3,-
of the par value of the bonds,
payable to the County Treasurer,
is required.
These bonds
San
5%
Bond
gnat,
A certified check for 4%
and interest
Treasurer's
the
The
at
office.
Sch. Dists. (P. O.
Riverside), Calif.
rate of interest, ex¬
multiple of V4 of 1%.
to date of redemption.
at the
of
of
in¬
Dated July
bonds.
from
An¬
price
purchase
exceed
value thereof and accrued interest
expressed
payable
12. >
County
are the
election
certified
the
CONNECTICUT
Riverside County
the bonds authorized at
are
(PST) June 2 for
1980, are subject to call and re¬
demption, at the option of the Dis¬
trict, as a whole, or in part, in
numerical order, on June 15, 1979
(but not prior thereto), and on
any interest payment date there¬
after prior to their fixed matu¬
rity, at not exceeding the par
ders to
The
the
name
payable
De¬
nomination $1,000.
Due June 15,
as follows: $5,000 in 1955 to 1959,
$10,000 in 1960 to 1964, $15,000
in 1965 to 1977, $20,000 in 1978 to
1984, $15,000 in 1985 and 1986, and
June 1 from
geles, and R. H. Moulton
jointly,
1949
County
was
Bank
of
school
tified
of $500,000 not to
interest water, Issue
5%
not to
election held
Water
purchase
Dated
inclusive.
highest bidder
First
of
2.06%.
on
3%
trict Secretary, will receive sealed
exceed
the
Treasurer's office. The bidders
$20,000, in 1987 to 1989.
Bonds
maturing on and after June 15,
CALIFORNIA
Covina
for
County
Bond Offering—Virgil
follows: $35,000
1951
check
Novato), Calif.
bids until 11
in
to
ex¬
District, Marin County (P. O.
bonds. Dated Jan. 1,1949. Denomi¬
nation $1,000. Due on July 1, as
000
interest,
bid, payable to the
County Treasurer, is required.
Northern
for
20
1, 1949. Denomination $1,000. Due
$50,000 on July 1 from 1950 to
1969 inclusive.
Principal and in¬
terest (J-J) payable at the County
on
of the amount
Souza, Clerk of the Board of Su¬
pervisors, will receive sealed bids
until 2 p.m. (CST) on June 20 for
the purchase of $95,000 not to ex¬
ceed
June
cou¬
Dated
Bidders
of
rate
certified
A
fice.
De-
(J-D)
the County Treasurer, is
San Bernardino
Offering—Harry L. Alli¬
Clerk, will receive
bids until 11 a.m. (PST)
out cost.
on
pressed in a multiple of V4 of 1%.
Principal and interest (M-N) pay¬
able at the County Treasurer's of¬
ARIZONA
E.
interest school
inclusive.
1959
to
of
Board
Myers, of Los Angeles, will be
furnished to the purchaser with¬
May 1, 1949. Denomination $1,000.
Due $10,000 on May 1 from 1950
required.
the
County
Lewis,
registered bonds.
or
of
for
at
Danbury Housing Authority, Conn
Note Sale—The $703,000 Series
M-l notes offered May 20—v.
169,
p. 2150—were awarded as follows:
terest, expressed in a multiple of
V\ of 1%.
Principal and interest
a.m.
to exceed 5%
principal
Offering—James
10
of
3%
&
(PST) on June
6 for the purchase of $100,000 not
name
Bond
E.
for
the election held
County Clerk, will receive sealed
bonds, payable to
the District is
J.
—
and
1960 inclusive.,
to
$3,000 from 1961 to 1969 inclusive.
Bidders to name the rate of in¬
ex¬
for, payable to order of
Chairman
California:v
Offering
1950
April
on
interest-
the "
These
of the amount of
the bonds bid for, payable to the
Chairman of the Board of
Super-
cisco, will be furnished to the
purchaser. A certified check for
10% of amount bid, payable to
check
bonds bid
approving
.
Bond
Due
the
certified
These
were
held
check
ing opinion of Orrick, Dahlquist,
Neff & Herrington, of San Fran¬
pressed in
sealed
bonds
These
to
authorized
1,1949. Denomination $1,000.
on June 1, as follows: $2,000
Principal and interest (J-J) pay¬
able at the County Treasury. A
terest
Hope Sch. Dist.,. Santa Barbara
County (P. O. Santa Barbara),
certified
the
>
Bidder
single rate of interest,
a
$1,000,000
a.m.
bonds.
inclusive.
1968
to
sealed
April 5.
Bank, Seattle.
Bidders to name
the rate of interest, expressed in
a multiple, of V\ of 1%.
The ap¬
proving opinion of Preston, Thorgrimson & Horowitz, of Seattle,
check
receive
1, 1949. Denomination
or
from
office,
andv
Visors, is required.
Dated
registered bonds;
pon
June
Treasurer's
on
bonds
authorized at the election held
from date of issue. Princi¬
pal and interest (J-J) payable at
the
Seattle
Trust
&
Savings
A
will
to
not
July 1, as follows:
1950, and $10,000 from
$5,000 in
1951
for
Due
Bond
(PST) on June 1
purchase
of
$85,000
the
water
years
furnished.
Clerk,
City
l^s reserved the right to re¬
be
$1,000.
$185,000
7
interest school bonds.
5%
Dated July
son,
election
the
at
of
purchase
exceed
June
on
bonds
Broaddus,
County Clerk, will receive sealed
bids until 2 p.m. (PST) on June
1 for the purchase of $49,000 not
to exceed 5% interest school cou¬
(P. O. San Bernardino), Calif.
County
the
These
a.m.
Ontario Sch. Dist.,
Gustine, Calif.
Bond Offering—W." L. Chappell,
bids until 11
will
at
9
County Supervisors, is required.
on
$105,000 in 1965, $110,000 in 1966,
$115,000 in 1967, $120,000 in 1968,
and $125,000 in 1969.
The Dis¬
and
until
the
April 5. A certified check
for 10% of the par value of the
bonds bid
for, payable to the
Board of Supervisors, is required.
1955, $65,000 in 1956, $80,000
1958, $85,000 in 1959,
on
the
Denomination $1,1, as follows:
authorized
were
held
irt 1957j and
date
a.m.
Dated
bonds.
office.
Treasurer's
1949.
Denomination $1,000.
Due July 1, as follows: $30,000 in 1950 to 1953, $60,000 in 1954
payment
bids
June
on
payable
(J-D)
Dated
July 1,
and
11
$5,000 from 1950 to 1959 inclusive;
$6,000 from 1960 to 1969 inclusive,
and $5,000 from 1970 to 1974 in¬
clusive.
Principal and interest
shew, District Treasurer, will re¬
ceive
1, 1949.
000.
Han-
until
school
interest
5%
bids
Ostly,
Treasurer's
pressed in a multiple of >k of 1%.
on June 1
for the pur¬
of $135,000 not to exceed
June
Alaska
Offering
sealed
ceived
ALASKA
Bond
District,
Menamin, County Clerk, will re¬
i, 1949.
June
Dated
Union School
Monterey County (P. O.
Salinas), Calif.
Bond Offering—Emmett G. Mc-
1 from 1955 to 1959 inclusive.
640,000
Bond Offering—Harold J.
County Clerk, will receive sealed
name
from 1950 to 1954 inclusive.
495,000 as 2Vis.
Calif.
Principal
payable
at
(J-J)
I.
Bond Offering—W. J.
County (P, O. Los Angeles),
elusive.
County (P. O. Ukiah),
cino
California
Norwalk Sch. Dist., Los Angeles
dressed to attention of its Securi¬
Board
Sch. Dist., Mendo¬
Redwood Bailey
purchaser without charge:
$10,000 pay¬
A certified check for
National
C.
Pierce
awarded to
Bank, and
Corp.,
both
Jacksonville, jointly, as 1.40s,
at a price of 100.01, a basis pf
of
000
1.39%. Dated July 1, 1949.
on July 1, 1955.
The second
bout
jue
(B*. O. Orlando)i,
1966
to
ion
inclusive..
of
rate
Bidders
interest,
ex¬
multiple of y4 of 1%.
The approving opin¬
a
Ross, McCord, Ice & Mil¬
Indianapolis, will be fur¬
on
or
before
on
or
before Dec.
of
High School
County Board of
Education, will receive sealed bids
until 11
1, 1958, 1% if
1, 1963, and at
1949.
Due
July
on
1
from
construction of 1949 bonds.
and accrued interest if there¬
Principal and interest pay^able at the Lincoln National Bank,
to 1975 inclusive.
is
to 1960 inclusive.
Sale—The.. $270,000 higfr,
IOWA
offered May.
0 were awarded* to Blewer, HeltArispe Con, Sch. Dist., Iowa
er & Glynn, - St. Louis,
as 2,y4s.
Bon^s Sold—An issue of $5,000
he second; highest
bidder was building bonds has been; sold,
lhanner Securities Co., Chicago, These bonds were authorized at
Bond.
2V2S.
the
election held
Grayville, III.
Bonds Sol4---An issue of $157,-
March
on
3V4S.
from
14.
1963
Due
May
on
been
old*
These bonds were author-ied at the election held on March
street paving, bonds has
Township (P. O. '
$120,000
from
Sale—The
$8,500
fire
equipment bonds offered May 23
169', p. 2255—were awarded to
ii.;,; ■
:
the
Peoples
Savings
Bank
of
jrundy County Com. High. School Laurel, as 5s. Dated May 1, 1949,
Diet. No. 1.0V (P. O. Morris),
Due in 10 years.
Illinois
Offering
\ Bond:
M.
Gladys
-r-
Lamoille Con. Sch. Dist.,
Iowa
Bond* Sale Details —The $9,000
Bright, Secretary of the Board,
school bonds purchased by Central
f Education* willr receive sealed
State Bank of State Center, as
ids until June 9 for the purchase
j $1,100,000 not -to exceed 3% in- 13/4S, at a price of 100.83, as pre¬
viously noted in v. 169* p. 2255
erest
school, building
coupon
These are the bonds oferedon May 19-, for which all bids
Donds.,
chool
-r
to,
;
<
Sold—The
Not
not
900
3%
exceed
,.
interest*
building bonds offered. May
Donds will be reoffered on June 9.
'
'
i
■1. *
i"
•
'.f.
■
y
Morton. Gr.ove, III.
Bond
Soldi—An, issue of $33,000;
was sold, as 23/4s.,
194&. These, bonds
authorized at the election
ibraty bonds,
Dated May. 20,
tvere
ield
on
April .19.
,
..
Orangeville, III.
Bonds Sold—An issue of
/
'
$10 000
n-idge bonds has been sold to the
First National Bank, of Freeport,
at
a
price of 100j35.
•
Bond
Clerk
Offering
will
County Sch. Dist. No. 189
June, 1, 1949.4 Denomination $1,~V. Due $2.5,0.00 on Jan. lfrom
1963: inclusive,
The ap¬
1954. to
Charles
of
&
Trauernicht, of SI; Louis, together
With, the
printed bonds,
furnished
at
the
District.
A
certified
expense
will be
of the
for
check
55,000. payable to the School Diskict, is required.
,
Brown Twp. (P. O.
May 23
—
169,
v.
p.
2151 —were
awarded to the Fletcher Trust Co,
!
ss 13/4s, at
•(.
basis of about 1.73%. Due
.
a
price of 100.10,
a
Sate*
electric
—
light and
The
■
clusive.
31,000 Civil Township bonds, as
2s, at a price of 100.11, a basis
Sale—The
Bond
in~
$1,749,000
stitutional improvement, Series E
169; p.
syndi¬
offered May 25*—v.
bonds
awarded
2151—were,
to
a
$3,000,000
Scharff & Jones.
Newman, Brown & Co., White*
Hafctier v& Sanford, R. S. Hecht
& - Co., r Nusloch,
Baudean
&
Smith, Howard. Labouisse, Freidrichs & Co., Schweickhardt, Lan¬
cate composed of
power
p
Due on March 1
of about
.
1.98%.
Due
on
July
l from 1950 to 1962 inclusive.
Dated April 1, 1949.
Bogansport
School City, Ind.
Offering — Clarence
A,
oober, Treasurer of the Board of
Bond
-chool
Trustees,
?? d6 bids, until
une
will
receive
7 p.m. (CST)
on
for the purchase of
$300,-
June
1, 1949.
Belmont Housing
Note
169*
notes
First
offered
May 24—v.
2256—were awarded to the
p.
National Shawmut Bank, of Bos¬
at
ton,
interest.
0.85%
Due on March
2%s.
Dated
June
second
ond
cate
Teacher's.
the
of
composed
Equitable
Securities- Corp., Stranahan,
Har¬
Inc., of Toledo, B. J.
Van Ingen & Co., of New York
ris
&
Co.,
Dated
March
Bros. & Boyce, of
Louisville, Stern
Bros. & Co., of Kansas City, Rus¬
sell, Long & Burkholder, of Lex¬
ington, W. L. Lyons & Co., G,Neal,
Alden & Co., both of Louisville,
Magnus & Co., Walter, Woody
& Heimerdinger, both of Cincin¬
nati, F. Brittain Kennedy & Co.,
of Boston, and H. V. Sattley & Co.,
Detroit, at
$1,749,000
about
as
from
.
400,000
2.90%,
2%s. Due
1953 to
as
2V2S.
as
on
follows:
June
1957 inclusive.
Due
on
June 1
from 1958 to 1962 inclusive.
Due on June
525,000 as 23/4s.
from
1,790,000
from
1963 to 1967 inclusive.
as
1968
Dated Dec.
June
Due
3s.
to
on
1979
inclusive.
The sec¬
at
3s,
as
a
of
price
101.10, a basis of about 2.95%.
New
Iberia,
Offering
Bond
Clerk,
City
bids until
21 for the
to exceed
11
—
G. O. Pharr,
sealed
(CST)
£.,m.
on
June
purchase of $100,000 not
4% interest public im¬
sewerage disposal
Series A bonds.
$75,000
works,
25,000 drain, Series B bonds.
Dated
at the office of the State Housing
1, 1948.
County (P. O. Hodgenville),
Kentucky
Bond
Offering—Ontalee How¬
receive
sealed bids until 11 a.m. (CST)
on
May 31 for the purchase of
$43,000 school building revenue
bonds.
Dated June 1, 1949.
De¬
nomination $1,000. Due June 1, as
follows: $2,000 in 1950 to 1966, and
$3,000 in 1967 to ,1969. The t>onds
ell,
are
County
subject
only in
on
any
Clerk,
to
,
will
prior redemption
inverse numericaL order
interest payment date at
Merchants
the
to
of
at
Boston,
Due
count.
on
National
dis¬
0.97%
Nov. 30* 1949.
tion
$1,000.. Due on
July 1 from
bonds
election
1950 to-1959 inclusive. These
authorized
were
held
on
at
the
May 3, 1949. The approv¬
ing opinion of Dudley C. Foley,
New
Orleans,
printed
to
bonds,
together
of
the
with
will be furnished
purchaser without cost.
the
A
cipal amount of bonds to be pur¬
chased*
Fall
payable
Note Sale—The
offered
May 25
Mass.
$1,000,000 notes
awarded to
were
C. Durfee
the B. M.
Fall
River,
Trust Co.,
the
and
to
the
City,
is
required.
Bond! Sale—The $150,000 school
1823—were awarded to the Guar¬
mond,, as 3s, at a price of 100.30.
£)ated May 15, 1949.
Due
on
May
15 from 1952 to 1969 inclusive.
Nov.
Rugg, of Boston.
Authority,
Massachusetts
$60,000 revenue
May 18
were
award¬
Second National
to, the
ed
Bank,
Boston, at 0.65% discount. Due
Nov. 8,
on
1949.
Massachusetts
(State of)
Relative to Housing Au¬
Notice
thority
Notes
Frederick W.
—
State
May
23 the following notice relative to
sale
of local housing
authority
notes under Chapter 200, Acts of
Roche,
Chairman
the
of
Housing Authority, issued
on
1948:
*
"Several bidders have made in¬
to why some Notices of
refer to a waiver of
as
do
not
limitations,
funds
note,
refunding,
in the event
adequate to pay the princi¬
original;
provide that
shall
'Each
that:
whether
pal thereof
or
the
and
shall
thereon
on
interest due
before
or
the
date of
maturity thereof be depos¬
ited by the Authority with the
paying agent. The holder of such
note shall be entitled to look
only
of
interest
such funds for the payment
to
principal
the
and
offered
were
May 24—v. 169, p. 2256—
syndicate com¬
awarded to a
posed of J. P. Morgan & Co., Inc.,
National
Bank,
Salomon
Bros. & Hutzler, all of New York,
and the Second National Bank, of
Boston,
City
as
follows:
$600,000 at 0.92% interest; $600,000
at
0.93%
interest, and
$655,000
at
each'plus
a
June
2,
1950.
est bidder was
Stubbs,
1949.
2,
Due
on
The second high¬
Whiting, Weeks &
0.97%
premium of $45.00.
a
Sale—The
notes
awarded
Bank,
count;
Nov.
to
every
$400,000
the
rev¬
May 20 were
Second National
Boston, at 0:67% dis¬
Due $200,000 Nov. 10 and
18, 1949.
the. limitations of
rest of the Contracts for Financial
Assistance
do
the
contain
not
waiver is
clause and, therefore, no
necessary.
'
"In
?
the
future to
avoid
confu¬
sion, the Notices of Sale of Hous¬
ing
Authority temporary
notes
will not make reference to waiver
No. 1 to certain: Contracts for Fi¬
nancial, Assistance."
*
i,
Methuen Housing
Authority, Mass.
Note Sale—The $680,000 First
Series notes offered May 24—v.
1119, p. 2256—were awarded to a
syndicate composed of J. P. Mor¬
gan
& Co. Inc., National City
Bank, Salomon Bros. & Hutzler,
all of New York, and the Second
National Bank, of Boston, as fol¬
lows: $200,000 at 0.92% interest;
$280,000 at 0.93% interest, and
$200,000 at 0.94% interest.
June
2,
1950.
was
1949.
Due
Dated
June
on
2,
second highest bidder
The
Whiting, Weeks & Stubbs, for
$680,000 at 0.94% interest, plus a
premium of $25.00.,
Mass.
$100,000 rev¬
enue notes offered
May 18 were
awarded to the Second National
Milford,
Sate—The
Note
of
count.
Boston,
Due
on
at
Dec.
0.75%
20,
dis¬
1949.
Springfield, Mass.
Bond Offering—G. W.
Rice, City
Treasurer, will receive sealed bids
until 11 a.m. on June 7 for the
purchase of $1,000,000 coupon
bonds, divided as follows:
$500,000 sewer bonds of 1949. Due
June
1, as follows:
$17,000
from 1950 to
1969 inclusive,
and
$16,000 from 1970 to 1979
inclusive.
500,000 street bonds of 1949. Due
$50,000 on June 1 from 1950
to
1959
inclusive.
All of the bonds are dated June
1, 1949. The bonds will be issued
the form of coupon bonds of
in
offered
of
case
that clause have been waived, The
0.94%
interest,
premium of $3.00.
Framingham, Mass.
Note
in
$1,855,000!- at
for
interest, plus
enue
Assistance contain said clause and
Bank,
Note Sale—The $1,855,000 notes
169, p.
anty Bank & Trust Co., of Ham¬
on
15, 1949.
Legality approved by
Ropes* Gray,
Best, Coolidge &
June
Tangipahoa Parish School District
No. 107 (P. O. Amite), La.
offered May 24—v.
of
National
highest bidder was Merchants Na¬
tional
Bank, Boston, at 1.03%
discount*
Notes are dated June 1, 1949.
Denomination
$50,000,
$25,000,
Dated
bonds
River *
Fall River Housing
certified check for 2% of the prin¬
Larve
ed;
1949, Denomina¬
July 1,
dated June 1,
,
divided as fol¬ $10,000, and $5,000. Due
lows:
1964
to
ands said'note shall then and there¬
Cambridge Housing Authority,
after be deemed not to be out¬
Massachusetts
Note Offering—John J. Hagerty, standing: The reason is that* only
Contracts
for
Financial
Chairman, will receive sealed bids certain
Shawmut Bank, of Boston, joint¬
ly, at 0.97% discount. The second
La.
receive
will
provement bonds,
price of 100.01, a
a
1949.
highest bidder
was.
State
Retirement Fund, for
Almstedt
Bros.,
of
Louisville,
Braun, Bosworth & Co., Inc., Stein
1,
1950
are
Note' Sate—The
-
such
"fin 1972 and 1973.
revenue
offered May 23—v. 169, p.
2039r-were awarded to a syndi¬
Due*
bonds.
from
1
19491
the
$100,000
to
1950
inclusive.
•
quiry
Authority, Mass.
Sale—The
Series
Bank,
from 1969 to 1972 inclusive.,
450,000 as
.
*
Louisiana. (State of)
'
.
June 1
on
at 0.89% interest.
•
on
July 1 from 1950 to 1962 in¬
Due
2l/2S.
as
2, 1949. Due on June 2, 1950.
highest bidder was
Second National Bank, of Boston,
LOUISIANA,
$1,299*000 as 3s.
°f
Indianapolis, as follows:
W1.000 School Township bonds,
1
from 1965 to 1969 inclusive.
The
KENTUCKY^
$285,000
Wilkinson),
Indiana
June
on
,
basis of
Bond Sale—The $122,000 school
building of 1949 bonds offered
Due
—
of
INDIANA
v
2,y4s.
Board; 18 Tremont Street, Boston,
optional after 10
until, noon (DST) on June 2 for
years.
These bonds were author¬
the purchase of $1,547,000 First
ized at the election held on May
Series notes. Dated June 9, 1949.
Due June 9, 1950. The approving
16, 1949;
opinion of Sullivan, Donovan &
Winthrop Con. School Dist., Iowa dry^ Co., all. of New Orleans,
-Heenehan, of New York City, will
Bonds Sold—An issue of $150,- Trust Co. of Georgia, Courts &
be furnished: to the purchaser at
000 building bonds was sold-to
Co.., both: of Atlanta, Woolfolk & the
expense of the Authority.
Quail & Co. of Davenport, as 23/4s. Shober, Robert R. Wolf &. Co., and
Chelsea
These,, bonds were authorized at G. Price Crane & Co., all of New
the election held on Jan. 13.
Note Sate
The $500,000 tax
Orleans, at a price of 100.10, a
basis of about. 2.93%, as follows: notes offered May 18 were award¬
bonds
nagel, Secretary of the:Board of
Education,
will receive
sealed,
bids until 8 p.m. (CST) on June
for the purchase of $250,000
Working cash fund bonds. Dated
1
..
100.50, a, basis of about 3.45%.
.(Henderson, Ky.
(P. Oi, East St. Louis), III.
opinion
bids
Due in 13 years,
*
Bond Offering—John H. Steuer
proving
Town
,
sealed
until June 6 for the purchase of
$25,000 electric light system bonds.
Bond;
St. Clair
bonds pur¬
Bankers Bond Co.,
Louisville, and Associates, as
previously noted in v. 169, p. 2151
—were sold as 3V2S, at a price of
~
The
—
receive
$47,500
from
1
Paulina, Iowa
.169,. p. 2151—were not sold,
all bids," were .rejected.-' The
i
Nov.
on
June
on
Sale
revenue
chased by the
1958 inclusive.
1950 to
$1,100,-
L9—v.
is
$1,000
dormitory
June
on
MASSACHUSETTS
_
^
1
inclusive.
1953
Due
2s.
as
175,000
(P. Oi
Bond- Sale Details—The
-
vera>rej ected.
Bonds
due
are
University, of Kentucky
Lexington)) Ky.
to
June
on
from 1960 to 1964 inclusive.
Dated
3.08%.
of
1950
as
175,000
for $54,000
3s, and $16,000 as 3y4s, at a.
price of 100.10, a basis of about
—v.
Due
from 1954 to 1959 inclusive.
as
Marshalltown)-, Iowa
Bond
& Boyce*
4s.
as
1 from
mains
45,000 water
of
180,000
1
The second highest bidder was
Stein Bros,
June
on
Manchester, Mass.
$650,000 public
Alex, Brown & Sons, of Bal¬
timore, and Blyth & Co,, of New
York, jointly, at a price of par, a
basis of about 2.38%, as follows:
■
Jefferson
O.
on
1964 in¬
1959, inclusive;
notes offered
1964 inclusive.
to
Due
j
to
$54,000 as 3s. Due on, May 1 from
,1950 to 1962 inclusive.
as
$70,000
Due
1950 to
clusive.
school of 1949 bonds offered May
24—v. 169, p, 2151—were awarded
were
Michigan
bonds.
All the bonds
Bond Sale—The
of
100,000; veterans! housing bonds,
required.
George's County
(P.
Upper Marlboro), Md.
Halsey, Stuart &
First
June 1 from
name
Prince
Bros., both of Louisville, jointly,
at a price of 100.17, a basis of
about 3.07%, as follows:
16,000
A certified check for
the
$200,000 school
approving
opinion of Niles, Barton, Morrow
& Yost, of Baltimore, will be fur¬
nished to the purchaser without
cost.
and
Corp., of New York, jointly, as 2s,
at a price of 101.53, a basis of
about 1.78%, as. follows:
the rate of interest The
awarded to the
Bankers Bond Co., and Almstedt
20
May
Co.,
Dated
Bidders to
awarded to
were
July 1, 1949. Denomination $1,000.
Due $140,000 on July 1 from 1951
after.
1950
a.m. (EST) on June 15 for
purchase of $3,500,000 school
the
school: $1,000 is required.
building bonds offered May 20—
Murray, Ky.
v.
169, p. 2039—were awarded to
Bond Sale—The $70,000 school
the Second National Bank of Rich¬
building revenue, bonds offered
mond, as l3/4s,
Dated March.. 1,
VandaliaX
Offering—Edna E. Perrie,
President of the
Bond Sale—The $100,000
.
Lynn, Mass.
Sate—The $345,000 bonds
offered May 25—v. 169, p. 2256—
Annapolis), Md>
Bond
55
Bond
Anne Arundel County (P. O.
,
par
chool building, bonds
or
Dec.
(2363)
MARYLAND
plus accrued interest
additional interest equal to
3% of; face value if the date stated
plus
Hodgenville. Bidders to name the
nished to the purchaser. A certi¬ rate or rates of interest, expressed
The
fied check for $3,000, payable to in a: multiple of % of 1%.
approving opinion of Skaggs, Hays
the School City, is required.
&• Fahey, of Louisville, will be
Wayne Twp. Sch.. Twp. (P. O.
furnished to the purchaser with¬
Richmond), Ind.
out cost.
A certified check for
Illinois
«■
ol
ler
ILLINOIS
ayette County Com.
Diet. No. 200t(P. O.
the
Interest J-J.
and the Clyde C.
ierce
Corp.,, both of Jacksonv¬
ille, jointly, as 2:40s, at. a price oft
00.01,, a. -basis of ; about 2.39;%.
)ated July 1, 1949, ; Due on. July
in. 1972 and 1973.
The second
ighest bidder was Gulf Bank of
t.
Petersburg, for' 2.40s, at a
,
1969
to
name
pressed in
awarded to. the Florida Na-
'
face amount
CHRONICLE
$1,000. Due
July 1, 1950; $10,000/: on for redemption is on or before
1953, and on the same
Jan, 1 and $5,000 on July 1 from). Dec; 1,
1951: to 1965 inclusive, and $100*- terms thereafter except that the
000 on Jan. f and. July 1 from additional interest shall be 2% if
onalT Bank,
rice of par.
16,
FINANCIAL
&
on
^funding, Series 1949. bonds of^
^ed; May. 24^—v. 169, p. 2038—
•ere
May
Denomination
Sate*—The $395,000 SBA
Band
interest
3%
Dated
1849.
Florida
>
exceed
bonds.
$5,000
price of 100.32.
County
)rcn"0
to
not
building
ighest bidder was Blair & Co.,
ic
and Courts & Co., jointly, as
60s, at a
COMMERCIAL
THE
Number 4807
169-
Volume
$1,000 each, with interest payable
semi-annually on June 1 and Dec.
1.
Bidders may * bid a separate
rate of interest for each loan in
multiples of one-quarter or oneBids must be on an
tenth of 1%.
56
THE
(2364)
all
basis for the two loans
none
or
COMMERCIAL
1960; $110,000 in 1961, and $123,No bids for a'000 in 1962.
Principal and ingreater than 1%% terest (J-D) payable at the cur-
rate
coupon
Street
Loan
than 2Vi%
the
and
rent official bank of the City, in
will
greater
i
New York City,
p.m.
will be considered
$500,000
Sewer
will be awarded
on
interest
or at
the
at
to
the lowest net
ders to
the rate
name
rates of
or
considered. Interest and prin-
bonds may be exchanged for fully
registered bonds of $1,000 or any!
multiple thereof, at any time more
one year before
maturity; in-!
nished.
....
,
,
.
D
luth.
A certified check for 2%
.
f ( c^Ifnri
Not Sold The $375,000
to e*ceej
lr}terest
ered
^
p;
the' 2040-were not sold, due to legal
of
Note
.
Sale—The
Series
notes
$414,000
offered
May
bids
First
until
chase
24—v.
will
of
receive
June
16
$60,000
for
pur¬
bonds.
Bank, of Boston, I
second
highest bidder was Whit-' bonds authorized at
ing, Weeks & Stubbs, at 0.94% in- held on May 7.
terest, plus
Taunton
a
premium of $21.00.
Housing Authority, Mass.
fered
the election
17—v.
Second
notes
offered
held
on
to
a
P. Morgan
Inc., National City Bank, SalBros. & Hutzler, all of New
omon
check
York,
and
SecoAd
the
169,
Piper, Jaffray & Hop-
on
dated June
are
June 2,
?Q7? tS
11 +i\rJ+n
bonds
issue from time to
^
nH
interest,
All
thp
2, 1949. Due
1950.
matnrftv
matunty,
K
fhf nntw! if L
the option of the
at
at
vn
Vil-
K.
Connolly
bids
at
the
will
receive
office
of
sealed
the
State
Housing Beard, 18 Tremont
Boston, until noon
(DST)
June
2
for
the
purchase
St.,
on
of
$1,-
340,000 second series notes. Dated
June 9, 1949 and due June 9, 1950,
Legality
approved
Donovan
&
by
.
„
Sale
♦
awarded
to
National
0.68%
to
redemption
prior
to
maturity, at the option of the Village, in inverse numerical order,
on any one or more interest payment date on and after Feb. 1,
1956. Principal and interest (F-A)
payable at the Detroit Trust Co.,
Detroit.
Bidders to name the rate
ion
Watertown, Mass.
.
Note
subject
1957, will be
Sullivan, of interest, expressed in a multiple
of New of Y\ of 1%
The approving opin-
Heenehan,
Y'o^k City.
XT
and after Feb. 1,
on
->OA.
The
AAA
$300,000
rev-
offeredRockland-Atlas
May 24 were
the
-
of
Bank,
discount.
Boston,
Due
on
Nov.
at
7,
1949.
of
Claude
H.
Stevens,
of
Berry, Stevens, Barbier & Evely,
of
Detroit,
together
with
the
(printed bonds, will be furnished
expense of the
Village..
A
certified check for $5,500, payable
to
the
Village
Treasurer,
is
re-
quired.
Note
Sale
—
The
(P.
$100,000 tax
notes offered May 16 were sold to
National Shawmut Bank,
the
Boston, at 0.63% interest.
Due
Oct. 30, 1949.
?
Series
notes
AinAnnn
TT
i.
TI1 $170,000 First
offered
May 24—v.
2256—were awarded to a
syndicate composed of J. P. Mor¬
gan
& Co., Inc., National City
169,
p.
Bank.
Salomon
Bros.
all of New York,
&
and the Second
June
highest
2,
1950.
bidder
The
second
National
was
Shawmut Bank, Boston, at 0.95%
•interest.
«
•
•
•
Bond Offering—John
N. Daley,
City
Controller,
will
receive
sealed bids until 10 a.m.
(EST)
June
7
for
non-callable
the
public
Series
registered bonds.
on
purchase
for
utility water
R
coupon
or
Dated Dec.
15,
Denomination $1,000.
Due
15, as follows: $41,000 in
$55,000 in 1957; $69,000 in
1958; $83,000 in
1959;
$97,000
in
as
basis
McDonald-Moore
3%s,
at
price
a
1964
Bond
Sale
bonds
awarded
May
23—v.
169,
p.
2152
awarded to Piper, Jaffray
Hopwood, of Minneapolis, and
Associates, as 1.80s, at a price of
100.02, a basis of about 1.79%.
1, 1949. Due
1951
second
to
1958
highest
on
June
inclusive.
bidder
was
First National Bank,
Minneapolis,
for 1.90s, at a price of 100.28.
Certificate
fered
"
"
were
May
Sale
of
of
20—v.
—
169,
p.
2041
awarded to the Austin State
Bank,
and
the
First
National
Bank, both of Austin, jointly, as
2s,* at a price of par. Dated May
1, 1949. Due on Jan. 1 from 1951
to
1962
inclusive.
City, and G. H. Walker & Co.,
sas
of St. Louis,
price of
2.78%, as
jointly, at
of
a
about
to
J.
100.18,
5
23/4s.
as
2.10s, at
a
about
1949.
Due
on
Dated
by
June
1
Bond
If
choice
bonds
4 for the
1962
1963.
July 1^ 1954,
demption at
terest
bonds
par
the rate
name
pressed in
of 1%.
Briggs,
1
on
and
will
furnished
out
cost.
of
St.
to
A
the
in
the
sum
of
20
issue.
and
If
sold
of
amount
the first bond
in
the
amount
of
of $205.13 of the
of $700 will
sum
bonds
bonds
on
The
amortization
will
any
paid.
are
whether
full
Bank, of
Boston, second
named a rate of
f
■:
bidder,
0.917%
,
Nashua, N. H.
Note
Sale—The
be
or
redeemable
interest
$1,350, payable to
check
O.
the
Clerk,
Dist.
No.
23
tional Bank, of Nashua, at 0.82%
discount.
Dated May < 24, -1949.
of
Bank,
Nashua,
at
0.82%.
Rockingham County (P. O.
Exeter), Af. H.
Note
Sale—The
$400,000
notes
May 26 were awarded to
National Shawmut Bank, of
discount.
May 27, 1949.
Due on Dec. 19, 1949.
Legality
approved by Storey, Thorndike,
Palmer & Dodge, of Boston.
Boston, at 0.81%
Notes
dated
are
Rye,Town Sqhool District
R.
F.
D.
No.
(P.
2, Portsmouth),
New Hampshire
.
i
^
Offering—Mary C. Varrell,
Chairman
of. the
School
Board, will receive sealed bids un¬
til
the
7
on June 1 for
$120,000 school
bonds. Dated June 1, 1949.
(DST)
p.m.
purchase
coupon
Denomination
of
$1,000.
Due $6,000
June 1 from 1950 to 1969 inclusive.
Bidders
to
the
name
rate
of in¬
Ya
of
of 1%.
Palmer
be
Dodge, of Boston, will
to the purchaser.
&
furnished
NEW JERSEY
Brick
Twp. School District (P>
Box No. 261,
for
the
to
ing
purchase
bonds.
exceed
6%
of
$329,000
interest build¬
Dated
Dec.
bonds
1,
will
1949.
be
the
bonds
the
first
in¬
second choice of the School Board.
If amortization bonds are sold
and
issued the entire issue
may
be
any
put
ex¬
choice, and serial
into
vided
one
into
single
several
bond
bonds
or
di¬
as
the
sealed
on
bids until
Belle O.
8
for
7:30 p.m.
the
(DST)
purchase of
$120,000 not to exceed 6% interest
school coupon or registered bonds.
Dated April 1, 1949.. Denomina¬
tion $1,000.
Due on April 1, as
follows: $6,000 from 1950 to 1900
inclusive, and $9,000 from 1961 to
1966 inclusive.
Principal and in¬
terest
(A-O)
payable,; at
the
Ocean
County
National. BanK,
Point Pleasant fieach.
Bidders to
name
the
pressed
principal and interest
rate
of
interest,
ex¬
ion / of
able
in
during
the
a
be
1/20 of 1%.
a
multiple of Vs 0
The approving opin¬
Hawkins,
Delafield £
Wood, of New York City, will oe
years from
seriap bonds
is^qe. .If se
furnished to the purchaser. A eeitified check for $2,940, payable t
pay¬
period;qf V20
of
in
instalments
semi-annual
date
to
are'i&ped .^d/^ld2tbey
'
Offering—Mrs.
June
Board of Trustees may determine
upon
at the time of sale both
for
r
Bond
Lakewood,
X), N. A.
Smart, District Clerk, will receive
—
re¬
*
$200,000 notes
payment
Poison), Mont.
Offering
Amortization
Village,
1
County Sch.
not
purchaser with¬
certified
ed
,
offered May 24—v. 169, p, 2257—
were awarded to the Second Na¬
required.
20
Paul, together
bonds, will be
$1,000, payable to the
required.
issued
except
be
of
Gordon Gipe,
District Clerk, will receive sealed
bids until 1 p.m. (MST) on June
a
printed
on
high
Trustees
period
a
date
are
be
such
(P.
Bidders
interest,
B.
at 0.869%
Dated June 1, 1949 and
Dec. 28, 1949. The First
Principal and interest
payable at the Merchants National
Bank, of Boston.
The approving
opinion
of
Storey,
Thorndike,
Bond
multiple of Ya or 1/10
approving opinion of
Gilbert, Morton, Kyle &
the
of
upon
the
will
Lake
1949.
on
Kenneth
discount.
date from and after 10 years from
June
accrued
to
Co., of Boston,
the date of issue. A certified check
The
Macartney,
with
of
&
R. D. No.
July 1,
and
date
Hill
$150,000 notes
May 25—v. 169* p. 2257
awarded
terest, expressed in a multiple
is
being subject to
said
on
Board
during
from
in
$15,000 in
maturing after
bonds
issued
are
payable in semi-annual in¬
serial
inclusive, and
All
Sale—The
on
:
of
Denomination $1,000. Due on
July
1, as follows: $10,000 from 1951
to
Note
Bond
for
(CST)
Dated
the
become payable on the same
day
of each year thereafter until all
purchase of $135,000 hos¬
pital bonds.
County (P. O. Berlin), N. H,
serial bonds will be payable June
Offering—Arthur Passer,
Village Clerk, will receive sealed
p.m.
bonds
be put into one
divided into several
or
$205.13, the
Bond
1
NEW HAMPSHIRE
Coos
30, 1950 and the
1956 to 1970 inclusive.
until
J-J.
$3,000, pay¬
District Clerk,
required.
at the time
which
1951 to 1955 inclusive.
bids
bonds
determine
be
they
fund¬
Jan.
Interest
may
the
$700 each,
Minne¬
on
serial
and
serial
Jan. 1 from
Due
Board.
check for
on Dec. 28, 1949. The second
highest bidder was Indian Head
Dated June 30, 1949.
bonds will be the
they
as
bonds
l%s.
is
sale, both principal and interest
may
1950
lows:
as
School
National
amortization
single bond
1,
apolis, and the
First
National
Bank, of Bertha, jointly, as fol¬
from
the
A certified
Due
6% interest equip¬
exceed
and sold
ing bonds offered May 20—v. 169,
p.
2153—were
awarded
to
the
15,000
.
second choice of the School Board.
Minnesota
on
bonds will be the first choice and
bonds the second choice of
the
first
County Indep. Sch. Dist.
No. 103 (P. O. Hewitt),
2V2s. Due
equipment bonds.
1949. Amortization
offered
years
as
and
July l,
serial
Offering—George Myron,
Amortization
Todd
$5,000
Dated
not to
of 100.68.
of
building
District Clerk, will receive sealed
bids until 8 p.m. (DST) on June 3
for
the
purchase
of $13,505.13
stalments
Co.,
May 31.)
Martin,
pur¬
Sch. Dist. No. 32
(P. O. Hogeland), Mont.
was Piper, Jaffray
Hopwood, for 2.20s, at a price
Allison-Williams
bonds
MONTANA
&
$20,000
orginally
on
Clerk,
will
receive
a
bid until 8 p.m.
(MST) on
June 22 for the purchase of
$60,000 not
to
exceed 6%
interest
National
by A. H. Bennett & Co., of
City, as 2V2s, at a price of
previously noted in v. 169,
2153, are in the denomination
$1,000.
Due on Feb, 1 from
highest bidder
Sale—The
Trauer-
1950 to 1956 inclusive.
Alli¬
from
The
bonds
County High Sch. Dist.
(P. O. Bainville), Mont.
Offering—W. K.
No. D
due
improvement
to
inclusive.
&
Details—The $35,000
Sale
of
1964
Charles
ment bonds.
June
the
are
Roosevelt
March
on
1967 inclusive.
Co., Kansas City. Legality
second
to
Due
.
price of 100.26, basis
2.06%.
(These
scheduled to be sold
—were
of
son-Williams Co., of Minneapolis,
of
serial
or
$2,000, payable
Clerk, is required.
above
offered
p.
$75,000 perma¬
nent improvement revolving fund
bonds offered May 16—v. 169, p.
as
1
par, as
were
the
the
chased
Dain & Co., of
1.90s, at a price
basis of about 1.86%.
to
March
on
1949. Denomina¬
Principal and interest
payable at the Commerce
park
M.
awarded
bonds
certified check for
to
May 1,
Bond
Sauk Rapids, Minn.
2153—were
Due
Liberty, Mo.
as
a
amortization
able to order of the
3s.
as
nicht, of St. Louis.
Bond Sale—The
to
The $36,000
indebtedness of-
to
Blaine County
May
payment date thereafter.
Austin, Minn.
sold
was
Baum
K.
approved
Wells, Minn.
&
from
offered
Minneapolis,
Anoka, Minn.
—were
bonds
& Co., Lucas,
Eisen & Waeckerle, both of Kan¬
Trust
Dated June 1, 1949.
Sale—The $150,000 water
and light plan improvement bonds
Sold—An issue of $210,-
sewer
George
$25,000 per¬
improvement
revolving
manent
fund
of
Bond
000
The
—
The
prior to maturity, at the option of
the School Board. Interest
J-D. A
(M-S)
inclusive.
May
paid.
are
whether
Kansas
on
1968
to
day
each year thereafter until all
such
bonds
Bond
Caruthersville, Mo.
1
Due
i
sealed
Dated
1963 inclusive.
2V2s.
Dec.
sum
District
MISSOURI
1
May
on
on
of $16,000
will
become payable on the same
1964 inclusive.
basis of about 2.38%.
;
•
offered
$1,000
payable
1951, and the
tion $1,000.
highest bidder was
Allison-Williams Co., for $50,000
as
2.40s, at a price of 100.20, a
MINNESOTA
of
Dec.
1956;
was
exceed 4% interest1 certificates
refunding,
1948.
Co.,
nation
are
1 from 1958 to
on
bicMer
The
,
a
Dated
100.36.
1
Detroit, Mich.
on
&
Due
Dated June
MICHIGAN
$578,000 not to
3.47%.
R.
May 1,
May 1 from 1950 to
1954 inclusive. The second high1949.
Hutzler,
National Bank, of Boston, at 0.94%
interest. Dated June 2, 1949. Due
on
$20,000 school
May 18—v. 169, p.
price of 100.05,
a
in the denomi¬
of
$1,000, and are due
on 'Feb.
1 from 1950 to
2153,
p.
141,000
second
Bond
Sale—The
about
esj.
Due
1952 to
as
from
The
Mich.
of, 2040 — were awarded to S.
1 Livingstone & Co., of
Detroit,
Massachusetts
rnU„
Ithaca),
bonds offered
3V2s, at
Cau
O.
on
Westborough Housing Authority,
•
Bond
of
2.30s.
as
14,000
Sumner Twp. Frac. Sch. Dist. No. 4
Wellesley, Mass.
O.
Sale Details—The $15,000
community
health
center
bonds purchased by M. A. Saun¬
ders & Co., of Memphis, at a prfce
of par, as previously noted in v.
169,
become
$21,000 will become
pay,
Dec. 1, 1950, and
$20,000
from 1950 to 1958 inclusive.
Preston, Minn.
?.ate.on ?r a"er Jeb.
195' aiK*
issue maturing
(P.
on
bonds, will be redeemable in full
10 years from the date of issue
on
any interest due date thereafter
Bond
$69,000
County Indep. School Dist
from
!
J{*«'
I
I the bonds of said
Waltham Housing Authority, Mass.
Note Offering—Chairman Paul
County
par, a basis
follows:
No. 29 (P. O. Ceylon), Minn.
Bond Sale—The $50,000 build¬
t'n
i om
nf
National
Bank of Boston, at 0.92%
dIus a nremium of $3 00
bonds
fn
c nnn
1
2%
inclusive.
$36,000
2?onnnin icw?
in
IS'
$}2,000 in 1957, $ 3,000 n 1958,
July
on
Starkville), Miss.
for
p. 2153—
awarded to the Allison-Wil¬
Martin
^oUows^foOO^inMl
^1
Oktibbeha
on
wood, and J. M. Dain & Co., all
Minneapolis, jointly, as 13/4s,
at a price of 100.14, a basis of
about 1.73%.
Dated May 1, 1949.
Due on May 1 from 1950 to 1964
wnnn
awarded
were
composed of J.
group
Co.
Series
date
same
Due
au¬
receive sealed ing bonds offered May 19 were
Series notes offered May 24—v.j bids until 8 P-m- (EST> on June
awarded
to
the
First
National
169, p. 2256—were awarded to 6 for the Purchase of $275,000 not Bank, of
Minneapolis, and the
Whiting, Weeks & Stubbs, of Bos- to exceed 3%% interest electric State Bank of Ceylon, jointly, at
ton, at 0.93% interest, plus a pre- 'Hght
system mortgage coupon a price of 100.15, a basis of about
mium of $23.35.
I bonds.
Dated June 1, 1949.
De- 2.37%, as follows:
; Additional Sa.e-The
$390,000
2.72%.
about
of
$780,000^Second Village Clerk, will
Note Sale—The
May
liams Co.,
Portland, Mich.
Offering—Don Braendle,
Bond
These bonds
certified
A
5.
a
election
of
from 1950 to 1969 inclusive.
and
Fairmont, Minn..
Bond Sale—The $150,000 sani^
tary and improvement bonds of¬
were
the
building
2256—were awarded to the
p.
the
bid reflecting a net interest cost
a
Bonds
sealed
1 Dated June 15, 1949. Due on May
as follows: $5,000 in 1952; $13,at 0.89% interest.
Dated June 2,I 000 in 1953« and $14,000 from 1954
1949.
Due on June 2, 1950. The to 1956 inclusive. These are the
169,
Second National
April
at
S. Love Co., of Jackson' on
J.
to
and
issue
$250,-
as
the rate of
name
$3,000,000
of
thorized
Twp.,
Education,
Massachusetts
1950,
Principal
Bonds Sold—An issue of
000 water revenue bonds was sold
of
will
Laurel, Miss.
$5,000 is required.
McGill-Longview
Sch. Dist. (P. O. Midland), Mich.
Bond Offering—Harold G. LeMay, Secretary of the Board of
Swampscott Housing Authority,
Bidders to
part
are
.
Midland
in
Board of Education.
technicalities.
bonds, payable to order of the City
Treasurer, is required.
Legality
to be approved by
Storey, Thorndike, Palmer & Dodge, of Boston.
1,
multiple
of
Ya
of
1%.
The
approving
opinion of Chapman & Cutler, of
Chicago, will be furnished to the
purchaser at the expense of the
Dundee, M,lan London, Rms.nodU
principal of which be-.
irig made payable at the office of
the City Treasurer, who transmits
the interest by mail.
I
June
on
interest, expressed in
than
terest and
pur¬
interest (J-D) payable at the First
and American National Bank, Du-
A certified check for 2%
.
.
8
Denomina¬
1949.
$1,000.
Due
follows:
$370,000
$230,000 in 1951.
of the par value of the bonds, payable to the City, is required,
n
1,
tion
| & Stone, of Detroit, will be fur-
cipal will be payable at The First
National Bank of Boston. Coupon
until
June 7 for the
on
June
Dated
city. No bid interest, expressed in a multiple
for less than par and accrued in-1 of Yt of 1%.
The approving opinterest to the date of delivery will ion of
Miller, Canfield, Paddock
be
(CST)
sealed "bids
of $600,000 not to exceed
3% interest school building bonds.
option of the holder. Bid-
the
cost
receive
chase
for, the office of the City Treasurer,
Bonds
Loan.
Chicago,
sum
able
MISSISSIPPI
Indep. Sch. Dist., Minn.
Offering—H. J. Forsberg,
Clerk of the Board of Education,
{
or
Monday, May 30, 1949
Bond
$500,000
bid
no
CHRONICLE
Duluth
totaling $1,000,000.
will be considered for the
FINANCIAL
&
in the amount
will be
bf$ 1,000 each, the
the
Board
quired.
of
Education,
...
is
re-
Chatham Twp.
Pay,
0,000
.*
,
Bond
1,
bonds offered May 23—v. 169, p.
2i53__were awarded to J. B. Han¬
ger & Co., of Newark, as 2M>s, at
nrice of 100.34, a basis of about
Will
J
day
such
onds,
full
eion
rafter
no
of
■D.a
yable
lired.
nally
r
31.)
Dist.
artin,
a
;h
B.
869%
9 and
First
scond
et
of
notes
1Na-
).82%
1949.
econd
46%.
Cranbary Twp. Sch. Dist.
Cranburv), N. J.
at
to
(P. O.
Offerin g—Ethel C.
Bond
8 pm.
the
$125,000 not to ex¬
(DST) on June 7 for
ceed 3%
interest school coupon or
registered bonds.
Bond Offering—Howard
of
or
as
:\
[chool
Is un-
for
1
ichoot
1949.
|>6,000
usive.
in-
>f
ile of
terest
tional
oving
idike,
,
will
ser.
P.
O.
le
O.
;ceive
DST)
of
se
terest
>onds.
nina-
1, as
1960
)61 to
id inthe
Bank,
ers
to
ex-
Is
or
opinLd
&
ill be
cer-
ble to
re-
follows:
$22,000
Greenwood,
'
No.
1
Cameron
Central Sch.
Canisteo
Co. of Buffalo, as 1.30s, at a
of
100.13,
as
Trust
York
were awarded to the
Trust Co., of Buffalo, as
—
Marine
bonds
price
basis of about 1.27%,
a
Due
2Vzs.
as
Dated
registered bonds,
follows:
,
.
May 1, 1949.
Sale
The
—
$46,000 road
bonds offered
refunding
May
Districts
Water
Inc., of New York, jointly, at a
price of 100.01, a basis of about
2.68%, as follows:
from
8,000
as
(P. O.
Due on
May 1
1964 inclusive.
to
1952
Due on May 1 in
2V2S.
1965 and 1966.
Dated
May 1, 1949.
Bond
Sale—The $300,000 water
Hickory, N. C.
and sewer bonds offered
v.
$189,000 bonds
offered
were
2%s.
$38,000 as
Branch), N. Y.
Bond Sale —The
and Phelps,
and Byrne
Durham,
May 24—v. 169, p. 2258—
awarded to Hall & Co., of
May 24—
group composed of the Vance
Securities Corp., Greensboro, J.
Lee
Peeler
Co.,
&
—
from
1
June
Due
on
1969
1950 to
inclusive.';:-,
June
1969 inclusive.
from 1950 to
,
1, 1949.
Sale
Bond
Port of New York
Bond
May 25—v. 169, p.
awarded to a syndi¬
offered
2257—were
cate
composed of the National
school bonds. Due on
City Bank, Bankers Trust Co.,
May 15, as follows: $50,000
Goldman, Sachs & Co., Eastman,
from 1951 to 1967 inclusive;
Dillon &
Co., and Roosevelt &
$70,000 from 1968 to 1982 in¬
Cross, all of New York, as 2.20s, at
clusive, and $75,000 from 1983
a price of 100.57, a basis of about
to 1985 inclusive.
Denomina¬
$1,000. The bonds will be sold
as a combined issue as though they
constituted a single issue, and
stated in combination will mature
2.12%,
May 15. as follows: $40,000 in 1950;
$130,000 from 1951 to 1955 inclu¬
sive; $90,000 from 1956 to 1964
inclusive; $98,000 in 1965; $100,000 in 1966; $50,000 in 1967; $70,000
from 1968 to 1982 inclusive, and
1985 inclu¬
sive. Bidders to name a
of
single rate
interest, expressed in a
multiple
or 1/10 of 1%. Interest M-N.
approving opinion of Caldwell,
Marshall, Trimble & Mitchell, of
New York City, will be furnished
to the purchaser without cost.
A
certified check for 2% of the par
of
i/8
The
as
follows:
public
$1,039,500
Due
bonds.
on
f
1950 to 1969
.
airport
407,000
June
•
■
1 from
improvement
1
June
inclusive.:
from
/,,
,
bonds.
Due
1950 to
1959 in-
;
on
elusive.
Offering
"
;
Authority, N. Y.
Canceled—Offi¬
announcement
1
June
from
bonds. Due
1950 to 1979
inclusive.
was
made
bonds.
ray,
ceive
on
improvement
June
1
from
sealed
All of the bonds are dated
June
% 1949. Second high bid of 101.866
Bond Sale—The $1,179,000 1949 for $50,000 2s, $105,000 2J/4s and
bonds offered May 24—v. 169, p.
$145,000 ,2 V2s, or a net interest
2154—were awarded to a syndi¬ cost of about 2.272%, was made by
First
National
Bank
of
cate composed of Halsey, Stuart & the
—
1
/
v
United
15, as follows: $9,000 in 1950
and 1951, and $10,000 from 1952 to
1954 inclusive.
Bidders to name
the
rate of
interest, expressed in
multiple of V4 or 1/10 of 1%.
Principal and interest (J-D) pay¬
able at the County Trust Co., of
States
New
Trust
}
Company,
York
Bond
Bonds
Sold —The
Trust
Com¬
executor for the estate
of Eugene Higgins, accepted bids
on May 24 for 166 blocks of vari¬
ous
State and municipal bonds
pany,
as
aggregating $18,663,000.
New
York
NORTH CAROLINA
$26,687,000 Issue
25—v. 169,
notes offered May
were
ties Corp.,
&
Phelps,
of Durham, and Byrne
Inc., of New York,
basis
improvement,
Se¬
$17,000 street
June
1
2s, due on June 1
to 1959 inclusive.
ing bonds offered May 24—v. 169,
awarded to R. S.
Charlotte, at a
price of 100.08, a net interest cost
bonds;
on
1953
y
$12,000 as 5s,
from 1950 to
inclusive, and $5,000 as
A
due
$50,000 refund¬
2258—were
17—v. 169, p. 2042—
jointly, at a.price of 100.01, a
of about 2.13%, as follows:
County
Bond Sale—The
bfoids
awarded to the First Securi¬
ries
p.
Note Sale—The
XL
Sale—The $237,000
offered May
(P. O.
Washington), N. C.
Beaufort
>f-
Laurinburg, N. C.
,
ion of Reed, Hoyt &
Treasurer, will re¬
bids until 2 p.m.
Village
from
Troy, N. Y.
June
Port Chester. The
local
Due
from
on
approving opin¬
Washburn, of.
New York City, will be furnished
1950 to 1954 inclusive.
to the purchaser. A certified check
All the bonds are dated June 1, for $960, payable to the Village, is
1949.
required.
Canajoharie, N. Y.
New York City Housing Authority,
Bond Offering—Helen E. Mur¬
206,541.10
from
1971 to 1974 inclusive.
July 1 from 1950 to 1954 incl.
May 25 that the proposal to con¬
sider sealed bids June 1 on an of¬
a
150,000 water supply
on
on
from
Co., Blair & Co., Inc., Geo. B. Gib¬ Catawba County, of Hickory.,
bons & Co., Inc., Equitable Secur¬
Jackson, N. C.
ities Corp., Chas. E. Weigold &
Bond
Sale
The $7,500 fire
Co., Bacon, Stevenson & Co., and
fering of $54,000,000 general and
Graham, Parsons & Co., all of New- equipment bonds offered May 24
refunding serial bonds — v. 169,
York, as 1.90s, at a price of 100.28, —v. 169, p. 2258—were awarded
p. 2258—had been rescinded.
to J. Lee Peeler & Co., of Durham,
a basis of about 1.82%, as follows:
and the Vance Securities Corp.,
Port Chester, N. Y.
$571,000 tax anticipation funding
of Greensboro, jointly, as 3V4s, at
bonds. Due on April 1 from
Bond Offering — Daniel A.
a price of 100.20, a basis of about
1950 to 1954 inclusive.
O'Connell, Village Clerk, will re¬
3.207%, Dated June 1, 1949 and
ceive sealed bids until 3:30 p.m.
548,000 funding bonds. Due on
due on June 1 from 1950 to 1957
April 1 from 1950 to 1956 incl.
(EST) on June 2 for the purchase
inclusive. The Branch Banking &
60,000 refunding bonds. Due on
of $48,000 not to exceed 5% inter¬
Trust Co., of Wilson, only other
est public improvement coupon or
April 1 from 1951 to 1956 incl.
bidder, offered to pay a price of
Dated June 1, 1949.,/
registered bonds. Dated June 15,
par for $2,500 6s and $5,000 3s.
1949. Denomination $1,000. Due on
cial
$1,803,041.10
The
—
New
Due on May 1 from 1950
to 1969 inclusive.
Y.
Albany, N.
bonds
of
Co.,
&
as 2.20s, at a price of 100.31,
basis of about 2.15%. Dated June
a
YORK
NEW
White
York,
150,000 water bonds. Due on
1
D.
R.
to
2,125,000
1983 to
and
Durham,
Vineland, N. J.
divided
1966.
improvement assess¬
ment bonds. Due on May 15,
as follows:
$40,000 from 1951
to 1954 inclusive, and $32,000
$75,000 from
to
169, p. 2258—were awarded
a
Sale—The $350,000
Bond
and $50,000 in
Dated May 15, 1949.
17
of 2.10s, at a price of 100.15, a basis New York, as 1.90s, at a price of Kirchofer & Arnold Associates,
the bonds offered, payable to the of about 2.08%. Dated May 1, 1949. 100.36, a
basis of about 1.86%.
Inc., of Raleigh, at a price of 100.Due on May 1 from 1950 to 1969 Dated April 1, 1949. :
Village Treasurer, is required.
2305, a net interest cost of about
192,000 local
'
1,
May
on
of the par value
check for 2%
•
in 1965,
1
Township, Franklin County,
Saratoga Springs, for
price of 100.22.
Smithtown
May 19—v. 169,
2153
May
on
1965.
May 1, 1949. The second
bidder was Adirondack
Smithtown
$75,000 school,
p.
a
Co.,
1.40s, at
1949 bonds offered
York
4,000
(P. O. Canisteo),
New
Due
North Carolina
$190,000 bridge bonds. Due on
May 1 from 1950 to 1959 incl.
95,000 laboratory bonds. Due on
May 1 from 1950 to 1959 incl.
Dist.
Sale—The
Bond
2%s.
as
from 1952 to 1964 inclusive.
Bond
follows:
highest
and
a
offered May 26—v. 169, p. 2258—. —v.
169, p. 2042—were awarded
were awarded to the Marine Trust
to the First Securities Corp., of
Dated
Marshall,
City, will be furnished to the pur¬
chaser without cost.
A certified
Sale—The $285,000
Bond
Woodhull,
Jasper, Troupsburg,
est, expressed in a multiple of lk
or
1/20 of 1%.
The approving
Trimble & Mitchell, of New
2.40s, at a
of 100.18, a basis of about
2.38%. Dated June 1, 1949. Due on
Dec. 1 from 1950 to 1968 inclusive.
price
payable at the Manufactur¬
ers
Trust
Co., New York City.
Bidders to name the rate of inter¬
Caldwel,,
awarded to the
Square National Bank,
of Franklin Square, as
terest
of
25—v. 169,
were
—
Franklin
inclusive, and $11,000 from 1960 to
1974 inclusive.
Principal and in¬
.
Var-
2257
p.
$1,000. Due on July 1, as
follows: $12,000 from 1950 to 1959
opinion
school,
Bond Sale—The $458,000
ination
tion
*),
Dated July 1, 1949. Denom¬
York
1949 bonds offered May
Dated June 1, 1949. The second
$706,000 improvement bonds.: Due
highest bidder was Fidelity Union
on May 15, as follows: $40,000
form 1950 to 1954 inclusive; Trust Co., Newark, for 1.85s, at a
$48,000 in 1955; $40,000 from price of 100.16.
} ' 1
1956 to 1964 inclusive; $48,000
gality
O.
New
p.m.
registered
or
as
Saratoga County (P. O.
Ballston Spa), N. Y.
„
Hempstead Union Free Sch. Dist.
No. 3 (P. O. East Meadow),
on
terest water coupon
bonds.
the purchase of $3,023,000 not to exceed 3% interest cou¬
1949.
P.
sive.
June 9 for the purchase
$285,000 not to exceed 6% in¬
(DST)
June 7 for
ed to
idike,
8
until
bids
sealed
ceive
100.01,
Harris
Dec. 1 from 1950 to 1978 inclu¬
on
S. Wat-
were
—
57
City, jointly, at a price
basis of about 2.68%,
of
awarded to the
Franklin Square National Bank, 2.20s, at a price of 100.05, a basis
Dated June 1,
of Franklin Square, as 2.60s, at a of about 2.19%,
price of 100.41, a basis of about 1949. Due on June 1 from 1950 to
2.56%. Dated June 1, 1949.
Due 1969 inclusive.
2153
p.
will re-,
Village Treasurer,
kins,
in 1955.
tk, of
for
$350,000 elec¬
tric light, 1949 bonds offered May
25—v, 169, p. 2258—were awarded
to Lehman Bros., of New York, as
inclusive. The second highest bid¬
2.2719%, as follows:
Stewart Manor, N. Y.
der was R. H. Johnson & Co., and
bonds
Bond Sale
The $16,000 fire $80,000 6s. Due on June 1
Herbert Jk Sims & Co., jointly, for
offered May 24—v. 169, p. 2153—
1950 to 1959 inclusive.
apparatus, 1949 bonds offered May
were
awarded
to the
National 2.20s, at a price of 100.06.
Education, is required.
90,000 2s. Due on June 1
24—v. 169, p. 2154—were awarded
Bronx Bank of New York, as l%s
1960 to 1965 inclusive.
Liberty, N. Y.
to the Garden City Bank & Trust
Linden, N. J.
at a price of
100.13, a basis of
80,000 2y4s. Due on June 1
Bond Sale—The $83,600 munici¬ Co., of Garden City, as 1.70s, at a
Bond Offering—Charles S. Valabout 1.73%, as follows:
1966 to 1971 inclusive.
pal incinerator bonds offered May price of 100.36, a basis of about
vano, City Treasurer, will receive
50,000 Is. Due on June 1
$200,000 electric light plant bonds. 20—v. 169, p. 2153—were awarded 1.58%. Dated June 1, 1949. Due
sealed bids until 11 a.m. (DST) on
).
notes
in a
1/20 of 1%. A
$860, payable
order of the Board of Educa¬
check
certified
Symmes, District Clerk, will re¬
ceive sealed bids until 8 p.m until
Head
,a
$850,000 school,
May 20—v. 169,
on
pon
257—
Bond Sale—The
New York
Centre, N. Y.
Sale—The
Bond
1949 bonds offered
expressed
interest,
multiple of Vs or
Dated June 1,
194.9
Denomination $1,000. Due
D on
on June 1, as follows: $9,000 from
$60,1951 to
1955 inclusive, $10,000
fcerest
from 1956 to I960 inclusive; $11,onds.
ation 000 in 1961 and 1962, and $8,000
in 1963.
These bonds are part of
2
and
an
authorized issue of $160,000.
ce of
Principal and interest (J-D) pay¬
j-J.
able at the First National Bank,
PayCranbury.
Bidders to name the
Berk,
rate of interest, expressed in a
multiple of Vs or 1/20 of 1%. The
approving opinion of Hawkins,
Delafield & Wood, of New York
N.H.
City, will be furnished to the
notes
purchaser. A certified check for
i
2257
$2,500,;; payable to the Board of
^e
of
rate
Rockville
Hempstead Union Free Sch. Dist.
No. 23 (P. O. Wantagh), N. Y.
Principal
(J-D) payable at the
Rutherford National Bank, Ruth¬
erford. Bidder to name a single
Dated March 1, 1949. Due
tion, is required. Legality to be
March 1 from 1950 to 1956 in¬
approved by Hawkins, Delafield &
clusive. The second highest bidder
wasBoland, Saffin & Co., for 21/2S, Wood, of New York City.
South Orange, N. J.
at a price of 100.22.
9
purchase of
anf.
1959 inclusive.
to
1957
and interest
a
serial
t
Sch. Dist. (P. O.
Chatham), N. J.
Sale —The $60,000 school
(2365)
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
Number 4807
169
Volume
1949
from 1954
improvement,
83,000 street
Se¬
$8,000 as 5s, due
June 1 from 1951 to 1953
Dickson & Co., of
ries B bonds:
on
(DST) on June 7 for the purchase
of about 1.924%, as follows:
inclusive, and $75,000 as 2s,
$475,000 not to exceed 5% in¬ 2258—were awarded as follows:
due on June 1 from 1954 to
able to the City Treasurer, is re¬ terest water, 1948 coupon or regis¬ $10,772,000
purchased by the $10,000 IV2S. Due on June 1, 1954.
Chemical Bank & Trust Co.,
1969 inclusive.
quired. (These are the bonds of¬ tered bonds. Dated July 1, 1948.
40,000 2s. Due on June 1 from
Denomination $1,000. Due on July
New York, and Associates, at
fered on May 17, for which all bids
1955 to 1960 inclusive.
22,000 sanitary sewer bonds: $4,000 as 5s, due on June 1 from
0.95%
interest, plus a pre¬
1, as follows: $27,000 from 1949 to
received were rejected.)
All of the bonds are dated June
1953 inclusive and $17,000 from
mium of $10.90.
1951
to
1954 inclusive, and
?i
1, 1949. Second high bid of 100.25
Margate City, N. J.
1954 to 1973 inclusive.
Principal
$18,000 as 2s, due on June 1
4,000,000 purchased by Salomon for 2s was made by the Trust
Bond Sale—The $173,000 water
and interest (J-J) payable at the
from 1955 to 1966 inclusive.
Bros. & Hutzler, at 0.94% in¬
Company of Georgia, of Atlanta.
bonds offered May 19—v. 169, p.
Village Treasurer's office. Bidders
terest, plus a premium of $76.
115,000 water and light bonds;
2153—were awarded to J. B. Han- to name the rate of interest, ex¬
5,000,000 purchased by Salomon
$15,000 as 5s, due on June 1
Blowing Rock, N. C.
auer & Co., of Newark, and B. J.
Bros. & Hutzler, at 0.95% in¬
from 1951 to 1954 inclusive,
pressed in a mulitple of lA or 1/10
Bond Sale—The $20,000 street
Van Ingen & Co., of New York,
of 1%. The approving opinion of
and
terest, plus a premium of $95. improvement bonds offered May
$100,000 as 2s, due on
jointly, as '3.30s, at a price of Vandewater, Sykes, Heckler &
June 1 from 1955 to 1969 in¬
6,310,000 purchased by the Cen¬ 17—v. 169, p. 2042—were awarded
100.05,' a basis of about 3.29%. Galloway, of New York City, will
tral Hanover Bank & Trust to
clusive.
McCarley & Co., of Asheville,
Bated June 1, 1949. Due on June 1 be furnished
to
the
purchaser
Co., New York, at 0.90% in¬ at a price of 100.22, a basis of
All the bonds are dated June 1,
from 1950 to 1984 inclusive. The
terest.
without cost. A certified check for
about 2.86%, as follows:
1949.
second highest bidder was Board¬
$9,500, payable to the Village, is
200,000
purchased
by Robert
walk National Bank, Atlantic City,
$10,000 as 314s.
Due on May 1
Lee County (P. O.
required.
Winthrop & Co., at 0.91% in¬
for
from 1951 to 1959 inclusive.
3.85s, at a price of 100.32.
terest.
Sanford), N. C.
Ciaverack, Mellenville Fire Dist.
10,000 as 2%s.
Due on May 1
Rutherford School District, N. J.
200,000
purchased
by Robert
Bond Sale—The $250,000 series
from 1960 to 1969 inclusive.
(P. O. Mellenville), N. Y.
Winthrop & Co., at 0.92% in¬
Bond Offering—William E.
A school building bonds offered
Bond Sale — The $10,500 fire
Dated May 1, 1949.
terest.
Svvartz, District Clerk, will re¬ equip, purchase bonds offered May
May 24 —v. 169, p. 2258 —were
155,000
purchased by Boland,
ceive sealed bids until 8 p.m. 23—v. 169, p. 2257—were award¬
Gold Mine Twp., Franklin County, awarded to a group composed of
Saffin & Co., at 0.92% inter¬
the
Farmers
value
of
the
bonds offered,
pay¬
-DST) on June 13 for
pur¬
chase of $43,000 not to exceed 6%
interest
coupon
or
registered
school bonds.
Dated June 1, 1949.
Denomination $1,000. Due June 1,
as
follows: $4,000 from 1950 to
1956
inclusive, and $5,000 from
of
ed to the
National
Bank,
est, plus a premium
2s, at a price of par.
1949. Due on March
toM959 inclusive. The
of Hudson, as
Dated May 1,
of $1.
North
Carolina
Bond Sale—The $26,000 refunds
purchased by Lehman
Bros., at 0.93% interest, plus ing road bonds offered May 11—
1 from 1950
u;
v.
169, p. 2042—were awarded to
ja premium of $50
second highest fodder wasTJudson f;;'i
Due on the First Securities Corp., of Dur¬
Dated -June ,17, 1949.
City, Savins ^ImUtution. Hudson,
ham, and Byrne & Phelps, Inc., of
Dec? 15, 1949.
for 2%s,
fa# fifim*
hi'
50,000
the
Vance
Securities
Greensboro, J. Lee
of
Durham,
Corp.,
Peeler & Co.,
Kirchofer & Arnold
'
.
Associates,
Hays & Co.,
of Raleigh,
and R. S.
of Durham, at a
price
58
of
THE
(2366)
9,000 4y>%
100.052, a net interest cost of
2.427%, as follows:
about
$40,000 5y4s. Due
1950 to
Due
June 1 from
on
100,000 2y4s. Due
1969
Due
lumbia Avenue et al.
Due
inclusive.
1972
to
75,000 Is.
Due on June
1972 to 1979 inclusive.
All of the bonds
G-
$8,000
on
Sept. 1, 1936.
Sept. 1 in 1959
from
1957
1963
to
.
First
Securities
Corp., of
Durham, and Byrne & Phelps,
Inc., of New York, jointly, at a
price of 100.01, a basis of about
2.04%, as "follows:
"$20,000
Due
2y2s.
as
2s.
as
Due
bonds
Township,
Bond Sale
The $38,000 road
refunding bonds offered May 17—
v. 169, p. 2042—were awarded to
—
the Vance Securities
&
Co.,
both
and Kirchofer
&
Corp., J. Lee
of Durham,
Arnold
Associ¬
ates, Inc., of Raleigh, jointly, at a
price of 100.02, a basis cf about
2.64%, as follows:
$17,000
as 2y4s.
Due on May
from 1950 to 1957 inclusive.
II,000
2y>s.
Due
1958 to
1961
as
from
10,000
as
1962
3s.
Due
May
on
1
1
inclusive.
May 1 from
on
1964 inclusive.
to
$26,000
Savings Bank & Trust Co., of Cin¬
Robert Winthrop & Co.,
and Doll & Isphording, Inc., both
of Cincinnati, as iy2s, at a price
offered
Parma,
Na¬
on
a
of
a-bout
basis
cost
inclusive.
4,000
equipment
IV4S. Due in 1952 and
as
1953.
Otis
Barcus,
2y2s.
as
.
.
;
v
,
3.11%. Dated July 1, -1949. Due on
March 1 and Sept. 1 from 1950 to
1965 inclusive.
May 19—v. 169, p.
not to
Offering
of
bonds
certified
T
R.
Gdterho), Okla/
chased
by Calvert & Canfield
interest
net
a
B.
until
1
p.m.
check
for
2%
0
reflect
of
aboti
of
A
the
bid is required.
v
.
$1,000
4,000
on
May 2,1952
l%s. '♦ Due
as
2,500
Due
2s.
as
from
1953
2s.
as
to
on
1956
Due
on
May '•
inclusive
May 1 jr
1957 and 1958.
Wcathe^ford, <Okla. ''.'.
at
May 17.
on
cost
as previously noted in
169, p. 2043, were sold at a
of 100.03, as follows:
in¬
authorized
were
bid
on a
1.88%,
exceed 3%
held
V
*
Sale
Retails—The $7501
building and furniture bonds pUr
inclusive, and $4,500- in 1969.
These
the election
amount of the
Pemberville, Ohio
R.
Bond
building
and
equipment
Due $3,000 from 1952 to
bonds.
?
Washita County, Lake
Valley OM
School District No. 4
(P. W
City,
May 31 for the purchase
to
in
Sot
June 8.
on
ing
Johnson,
Schools, will
bids
$55,500 not
terest
1968
of
sealed
on
—
nn<
rejecte
reoffend fn
sale
Dist.
Indep. Sch.
1, Okla.
Superintendent
(CST)
23/4 % building
Oklahoma
No.
receive
exceed
e
-
The $68
—
'•/,
Mangum
Bond
..
all bids received were
The bonds are
being
.
.
&
Co.,
Prescott,
Kfcwley,
Shepard & Co., all of Cleveland,
Ohio
Co.
of Columbus, Seasongood & Mayer, Merrill, Turben &
Co., both of Cincinnati, Siler &
Co., of Toledo, L. W. Simon &
Co., of Cleveland, and Widmann &
Co., of -Cincinnati, as 3y4s, at a
price of 100.71, a basis of about
.
equipment bonds offered
'ft
—v. T69
p. 2259—were
not
Ohio
Kindred &
Co., both of Chicago. Fahey, Clark
& Co., Maynard H. Murch & Co.,
Co.,
■
as
transportation
bonds
which
Bonds Not "Sold
net
1.49%. Due from 1952 to 1956
the bonds offered m
all bids
were V
are
for
jucled.)
Sale —The
&
veen
23
site
and
Hollister School District, Okla.
Bond Sale—The $15,000 build¬
$2,800,000 re¬
funding bonds offered May 24—v. ing, repair and furniture bonds
169, p. 2154—were awarded to a offered May 19 were awarded to
syndicate composed of John Nu- the National Bank, of Frederick,
Bond
.(These
interest
.
basis of about 1.39%.
a
First
the
to
building, repair
improvement bonds
cinnati,
100.83,
awarded
Bond
-Guire,
Offering
'City
Sealed
-—.
Clerk,
Myrtle Mc
will receive
bids until -?{90 pun.
(CST
on
May 31 for the purchase 0.
Murray County, Joy Con. Sch. Dist. $20,000 not to exceed 4%
White & Co., of Cincinanti, as 6s,
rnteres',
No.
I
water works system bonds.
(P. O. Route 3,
Dui
at a price of
115.90, a basis Of been sold to Ryan, Sutherland &
Wynnewood), Okla.
$2,000 annually from 1052 to 196:
about 1.16%. Dated June 16, 1949.
Co., of Toledo, as 2%s, at a price
Bond Offering—Lee Boyce, Dis¬
inclusive.
The bonds were auth
Due on Oct. 1 from 1950 to 1954
of 101.64.
These bonds were au¬ trict Clerk, will receive sealed brized bt ah
eledtidn cm May 17
inclusive. The second highest bid¬
thorized at the election held on bids until 1
A certified -check for
p.m. (CST) on May
2% of fh
der was Halsey, Stuart & Co., and Nov. 2.
v
31
for
the
purchase of $9,000 bid is required."
i 1 : '>
Blair & Co., Inc., jointly, for l '/as,
building bonds.
Due $2,000 from
StrUthers, Ohio
at a price of 100.30.
OREGON
Bond Sale—The $9,853.72 street 1952 to 1955 inclusive, and $1,000
G arret sville-Nelson Local Sch. Dist.
in 1956.
A certified Check for 2%
improvement, Special Assessment
Clackamas
County School District
(P. O. Garretsville), Ohio
bonds offered May 21—v. 169, p. of the amount of the bid is re¬
; }No. 35 (P. <0, Molalia), Ore.
Bond Offering—Robert A. Rine- 2154
were
awarded to Ryan, quired.
Bond Sale Details—The
$240,00
arson, Clerk of the Board of Edu¬ Sutherland &
Co., of Toledo, as
Oklahoma County School District
school
bonds purchased
by th
cation, will receive sealed bids 21/4s, at a price of
100.37, a basis
No. 37 (P. O. Route 1, Box 97,
United States National
until 8 p.m. (EST) on June 6 for of
J Bank, 0
about 2.13%.
Dated March 1,
Oklahoma City), Okla.
! Portland, as previously' noted ii
the purchase of $25,000 3% im¬
1949. Due on Dec. 1 from 1951 to
Bond Offering—J. W. Creamer, vf 169, p.' 1167, were sold
as.M
provement bonds. Dated May 15, 1954 inclusive.
District Clerk, will receive sealed at a price of
100.46, a basis 0
1949. Denomination $1,000. Due on
bids until 8 p.m. (CST) on June 3 about 2.42%. Due on Feb. 1 fro
Waynesburg, Ohio
Nov. 15, as follows: $1,000 from
Bond Sale Details
The $36,000 for the purchase of $45,000 build¬ <1952 to 1959 inclusive.
;
1950 to 1954 inclusive, and $2,000
Due $5,000
from 1955 to 1964 inclusive. Bid¬ municipal building bonds pur¬ ing and site bonds.
Douglas County Sch. Dist. No. 70
from
1952 to
1960 inclusive.
A
by the First
Cleveland
ders to name the rate or rates of chased
(P. O. Rcsetiburg), Ore.
check
for
Trust Co., of Cleveland, as previ¬ certified
2%
of
the
interest, expressed in a multiple
Bond Sale
The $85,000 school
amount of the bid is required..
noted in v. 169, p. 2259,
of 1/4 of 1%. Interest M-N. A cer¬ ously
bonds offered April 1—v.
l;69, p.
tified check for $250, payable to were sold as 23/4s, at a price of
1387—were awarded to the United
Payne County, Eureka Consolidated
the
Board
of
Education, is re¬ 101.63, a basis of about 2.67%.
School District No. 2 (P. O.
States National Bank, of Portland
quired.
at a price of
Glencoe, R 3), Okla.
par, for bonds matur
OKLAHOMA
Bond Sale—The $10,000 trans¬ ing from 1950 to 1*953
inclusive, a
Independence Local Sch. Dist.
portation equipment bonds offered 3y4s; bonds maturing from 1954 to
Bristow, Okla.
(P. O. 6565 Brecksville Rd,,
on March 15 were awarded to the
1961 inclusive, as 3s,- - and "bonds
Bond Sale —The $75,000 bonds
Independence). Ohio
First National Bank, of Yale, as maturing -from 1962 to
Bond Offering — Katherine G. offered on May 23—v. 169, p. 2259
1986;inclu.
—were awarded to the
!
American 2s, at a price of par.
| sive, as 3V4s.
Raus, Dist. Clerk-Treasurer, will
National Bank and the Commun¬
receive
sealed
bids
until
'Lihn County 'Union High Sch. Dist.
noon
Perry School District, Okla.
(EST) on June 7 for the purchase ity State Bank, both of Bristow,
No. 3 (P. O. Box 106, Scio), •
Bond Offering—John H. Mugof $160,000 3% school bonds. Dated on a bid reflecting a net interest
Oregon
cost of about '2.15%. Bale consisted ler, Clerk of the Board of Educa¬
June 1, 1949. Denomination $1,000.
Bond Offering—^The Board of
tion, will receive sealed bids until-
2042
Franklin County, N. C.
Peeler
ers
of the Sinking Fund of the
City School District, is required.
Columbus, Ohio
from 1955 to 1966 inclusive.
Creek
able to the Board of Commission¬
Sale—The $551,000 salary
retention judgment fund No.
2
Dated June 1, 1949.
Salt
the amount of bonds bid for, pay¬
1
June
on
of
Bond
from 1951 to 1954 inclusive.
<60,000
A certified check for 1%
cost.
1
June
on
were
tional Bank & Trust Co., of Okla¬
homa City, as follows:
inclu¬
1949. Second high bid of par
sive. $8,500 in 1964, and $8,000
for $45,000 2s, $45,000 2y4s and
in 1965 and 1966.
$160,000 2y2s, or a net interest
Denomination $1,000, except one
cost of about 2.444%, was made
for $500. Bonds to be dated June
by the Equitable Securities Corp.,
& Trust Company of Georgia, of 1, 1949 as of the original -date.,
Principal and interest payable at
Atlanta, jointly.
the Irving Trust Co., New York
City, or at the Provident Savings
Lumberton, N. C.
Bank & Trust Co:, Cincinnati. The
Bond Sale—The $80,000 street
approving opinion of the City So¬
improvement bonds offered May
licitor, will be furnished without
17—v. 169, p. 2042—were awarded
the
composed of the Na¬
City Bank, of New York*
Braun,
Bosworth
&
Co.,
Inc.,
of
I,
to
syndicate
Dated April 15,1949.
Due on Oct.
15 from 1949 to 1964 inclusive.
000
Monday, May 30, 194
tional
23/4% public hall bonds.
Due on Sept. 1, as follows: $9,-
87,500
,
dated June
are
FINANCIAL. CHRONICLE
and 1960. Interest M-S.
1 from
•
No.
392 bonds. Dated
June 1 from
on
on
16,000 21/2% street widening Co¬
1958 to 1968 inclusive.
35,000 6s.
sewer
Dated
A-O.
June 1 from
on
-Millcreek
April 1, 1915.
April 1, 1955. Interest
&
Ohio. Co., of Columbus, Provident
bonds.
inclusive.
1957
COMMERCIAL
—
were
awarded
to
J.
A.
Bonds Sold—An issue Of $45,000
water
works
system bonds has
—
—
Dated
May 1, 1949.
,
OHIO
—r
Local School
Bedford
District
(P. O. Pomeroy), Ohio
Bond
Offering
—
John
Riffle,
Clerk of
the Board of Education,
Will receive sealed bids until noon
(EST) on June 4 for the purchase
$56,000 3% site acquisition and
building bonds. Dated June
1,
of
1949. Denomination $2,500. Due on
Oct. 1 from 1950 to 1972 inclusive.
Bidders to
name
est, expressed in
of
the rate of inter¬
a
multiple of y4
,
4%.v Interest A-O. A certified
check
for
$560,
payable to the
Board of Education, is required.
Due $8,000 on Dec, 1 from 1950 to
1969 inclusive.
Bidders to name
the rate of
interest, expressed in a
Tu>p. Uveal Sch. Dist.
multiple of V\ of 1%. Principal
(P. O. Rt. 1, Phdlanx Station),
and interest (J-D) payable at the
Ohio
Brecksville
Bank,
Brecksville.
Bond Offering — Robert Clark, The
approving opinion of Squire,
Clerk of the Board of Education, Sanders &
Dempsey, of Cleveland,!
Braceville
will receive sealed bids until
noon
name
the rate
of interest, expressed in a multiple
of y4 of 1%. Interest M-N. These
bonds were authorized at the elec¬
tion held
on
May 9,1949.
A certi¬
fied check for $450, payable to the
Board of Education, is required.
Cincinnati, Ohio
Bond Offering
—
The Board of
works
system
bonds
revenue
of¬
fered
May 12 were awarded to
Magnus & Co., of Cincinnati, on
a bid
reflecting a net interest cost
Norwich Rural School
District,
bonds, divided
as
follows:
$10,000 4%
hospital - tuberculosis
bonds. Dated Feb. 1,1912. Due
on Feb.
1, 1952. Interest F-A.
25,000 4% sewer-Millcreek bonds.
Dated March 15, 1913. Due
on
March 15, 1953. Interest M-S.
9,000 4%% street and sewer con¬
demnation bonds. Dated June
2, 1913. Due on June 2, 1954.
Interest J-D.
28,000
4y2%
Dated
hospital
Jan.
2, 1914.
Due
Jan. 2, 1954. Interest
J-J,
on
will
receive
sealed
until
000. Due $1,000 on Oct. 1 in 1950
and 1951. Bidders to name the rate
or rates of
interest, expressed in a
multiple of y4 of 1%. A certified
check for $200,
payable to the
Board of
Education, is required.
Ohio
Sale
2,500
police
p.
awarded
to
a
Bond Offering—Herman C. Sul¬
v,
department
equip¬
able
livan,
City
sealed
Clerk,
bids until
will
May 31 for the purchase of
limited
access
facilities $55,000 sewer extension
and im¬
bonds. Due from 1952 to 1965 provement honds.
Due $5,000 an¬
inclusive.
nually from 1952 to 1962 inclu¬
sive.
Tonkawa
Education,
will receive sealed bids until 7:30
(CST)
purchase
1959
A
May 31 for the
$145,000
building
on
of.
Due
$15,000 from 1951 to
inclusive, and $10,000 in 1960.
certified
check
for
2%
"V.y
.
Bond
School
ing bonds offered May 24—v. 169,
p.
2259—were
awarded
to ,the
Security Bank of Ponca City, as
l%s. Due from 1952 to I960 in¬
clusive.
.
certified
;
County School District
No.
Durant
School District, Okla.
Bond Sale—The $178,000 build¬
33
Box
(P.
518,
O.
Route
Tulsa),
<
9,
Okla.
,
Bond
Sale—The $46,000 build¬
ing, furniture and site bonds of^
National Bank and the Durant Na¬
fered
tional
were
May
17—v.
awarded
169,
p.
2043—
Evan
to
L.
Davis,
fiscal agency
quired.
the
to
check
(These
thorized
The
City.
at
an
purchaser.
A
$1,000- is re¬
for
bonds
were au¬
held on
elect-ion
-/
•-
-
Marion County Vn'On
: District No. 6
('P. O.
Oregon
•
.
fiigh School
Hubbard),
'
Offering
Robert Goetz,
District Clerk, will -receive 'SCSled
•bids until '8 p.m. (MST) on May
Bond
31
Tulsa
Treasurer's
of
County
the
July,, 10, 1948.)
build¬
oi the
bid is required.
furnished
■
District, Okla.
Sale—The $75,000
at
approving opinion *©£ Wood, King
& Dawson, of New York, will be
(CST)
42,000
Chiokasha School District, Okla.
Bond Offering — R. J.
Pierce,
Clerk of the Board of
the
or
the State in New York
receive
7:30 p.m.
at
office
on
for
the
purchase
of
$286,003
not to exceed 8% interest school
bonds.
Dated June 1, 1949. r©6naminatian $1,000. Due on
June, j,
$15,000 from 1950 to
1967 inclusive, and $16,000 in 1968.
The bonds maturing fon and after
June 1, 1*955, will be subject to
call and redemption in nunTericai
as
follows:
Bank, both of Durant, joint¬
ly, on a bid reflecting a net inter¬
est cost of 1.93%. C.
Edgar Honnold, of Oklahoma City, second
high bidder/ named a net rate of
bid reflecting a net
interest cost of about 2.31%. The
order, at the option uf the -District,
second
highest ' bidder was <C. -at-par and accrued, interest.saw
Edgar Honnold, on a bid reflect¬ date or upon any interest "paying
1.94%.
ing
Bonds
are
due
$18,000 from
1952 to 1960
inclusive, and $16,000
in 1961.
These bonds were au¬
2.37%.
May 10.
2042—were
Principal'and interest (J-D) pay¬
Seminole, Okla.
v
1955 inclusive.
The
$12,500,000
sive, and $19,000 in 1959. A certi-; Dated June 1, 1949. Due on June
fied check for 2 % of the amount 1, as follows: $10;000 from 1950 to
1963 inclusive, and $9,000 in 1964.
of the bids is required.
ment bonds. Due from 1953 to
thorized
World War II
compensation, 1949
Issue bonds offered
May 25—v.
169,
/
equipment
inclusive.
(State of)
—
y
;
.
fighting
p.m. (CST) on June 3 for the
purchase of $115,000 building, re¬ until 8 p.m. (PST) !on June 1 for
pair and equipment bonds. Due* the purchase of $149,000 not to
$12,000 from 1951 to 1958 inclu¬ exceed 4% interest •school bonds.
Due from 1952 to 1955
ing and equipment bonds offered
bids
May 24 were awarded to the First
noon
(EST) on June 1 for
the purchase of $2,000 3% heating
system installation bonds. Dated
April 1, 1949. Denomination $1,-
Bond
bonds.
bonds.
Ohio
cation,
coupon
fire
3,500
amount of the
(EST)
of
bonds. Due from 1953 to 1964
bonds.
Bond Offering—Mary A. Hankinson, Clerk of the Board of Edu¬
June 8 for the purchase
$184,500 city unlimited tax,
1952 to 1965 inclusive.
inclusive.
Directors will receive sealed bids
8
12,000 public park improvement
23/4s, and bonds maturing from
1959 to. 1961 inclusive, as 2y2s.
as
/'
$15,000 water works extension and
improvement bonds. Due from
p.m.
will receive sealed bids until
noon
on
u'v;-;
of about
2.64%, for bonds ma¬
turing from 1950 to 1958 inclusive
Commissioners of the
Sinking
Fund of the City School
District,
'
will be furnished to the purchaser
at the expense of the Board of :,V:'
(EST) on June 6 for the purchase
of $45,000 not to exceed 4% build¬
Education, and the Board also will
ing bonds. Dated June 1, 1949. De¬ furnish printed bonds. A certified
nomination $1,'C00. Due $2,000 on check for
$1,600, payable to the
May 1 and Nov. 1 in 1950 and
Clerk-Treasurer, is required.
1951; $2,000 on May 1 and $1,000
fronton, Ohio
on Nov. 1,1952, and $1,000 on May
"
1 and Nov. 1 from 1953 to 1959 in¬
Bond Sale —The $120,000 water
clusive. Bidders to
of:
the
at
•
election
•
held
*
.
•
-
on
*
,
of
Tulsa,
School
Bond Sale
offered
—
District,
Okla.
The $30,000 bonds
May 23—v.,4169,
p.
2259—
net
a
interest
cost
of
about
.
Walters Sch. Dist.,
Bond
Offering
—
receive
June 8 for the
sealed
Okla.
Virgil Stine,
Clerk of the Board of
Will
Edmond
on a
Education,
bids
until
purchase of $68,to exceed 2%% interest
building and equipment bonds.
500
not
date thereafter. - Principal and in¬
terest (J-D) payarble at the Coun¬
ty "Treasurer's office, df at the
fis¬
cal agency of the State in New
York 'City, at the option nf tne
purchaser. The approving ppimon
pi 'Winfree, MdCullocb, Shuier &
•Sayre.
of
Portland, will be fur¬
nished to the purchaser. A certi¬
fied check for $1,000 is required.
.
194:
Volume 169
Number-4807
Oregon
Sale
Bond
bonds
welfare
veterans'
169,
26—v.
May
(State of)
—
The $3,000,000
offered
2155—were
p.
awarded to a syndicate composed
of' Halsey; Stuart & Co.,-Contin¬
ental Illinois National Bank &
Trust Co., of Chicago, California
THE
pressed in
COMMERCIAL
multiple of
of 1%.
approving opinion of Townsend, Elliott & Munson, of Phila¬
delphia, will be furnished to the
purchaser free of charge. A certi¬
a
check
amount
the
for
of
2%
the
of
the
CHRONICLE
ion of
New York
Bank & Trust Co., New York City.
Bidders to name the rate of in¬
Interest J-J.
rate or rates of
Sons, and A.
terest
interest, expressed
in
Webster Dougherty & Co., both of
Philadelphia, jointly, as 2s, at a
price of 100.90, a basis of about
of
check
The $140,000 im¬
bonds offered May 23
provement
169,
—v.
to
face
E.
—
2155—were
p.
H.
Rollins
&
awarded
quired.
Offering—Virginia Douds
Floyd, Secretary of the Board of
School
Directors,
will
receive
and Mullaney, Wells & Co.,
all. of Chicago, as l3/4s, at a price
of 99.20, a basis of about 1.81%.
The second highest bid¬
Moore, Leonard & Lynch,
Fauset, Steele & Co., Arthurs,
Lestrange & Klima, and Butcher
& Sherrerd,
jointly, for 2s, at a
'1 o.
sealed, bids at the office of
Reed,
price of 100.38.
mons,
1, 1949. Due on April
Dated July
1962'.
1,
Washington and Multnomah
Counties Union High School
.
Beaverton),Ore.
Sale—The $300,000 school
16—v. 169, p.
to the First
offered May
bonds
awarded
2155-*--were
National Bank, of Portland, as 3s,
price of par. Dated July 1,
1949. Due on July 1 from 1952 to
1961 inclusive.
*
■
*
-
at
7
a
Dili
Baden,
$21,000
th{
obligation
general
scheduled
for
23
May
bonds
was
can¬
celed.
Chester
County Institution District
(P. O. West Chester), Pa.
<
Sale—The $1,200,000
Bond
gen¬
eral
from
1
Bidders
1950
to
fire
equipment bonds purchased
the First National Bank, of
Dallas, as 2s, as previously noted
in v. 169, p. 2043, were sold at a
price of 100.14, a basis of about
1.91%.
i ■' '
"
by
to
name
interest, expressed in
a
SOUTH
sealed
bids
June
on
Clerk,
until
ilton & Co., of
$65,000
Mc-
F.
will
11
receive
■
Bond
Offering
til 8 p.m.
(DST) on June 6 for the
purchase
of $25,000
street
im¬
provement coupon bonds. Dated
June 15, 1949. Denomination $1,000.
000
and
Due June
follows: $2,inclusive,
$1,000 in 1962. Bidders to name
from
15,
1950
as
1961
to
Due
June
on
15,
as
follows:
furnished to The purchaser free of
charge.
A certified check for 2%
of
the face amount of the bonds,
payable to the Borough Treasurer,
is required.
.
Lower
Paxton
Twp.
Sch.
Dist.
Twp. School District (P. O.
West View, Pittsburgh
29),
Pennsylvania
Bond Sale—The $250,000 con¬
struction bonds offered
169,
v.
May 24—
2259—-were awarded to
p.
April
Dated June
June
1
inclusive.
from
-r-
school
$10,000
the
Penbrook, as
price of par, .as previ¬
bonds
National
2V&s,-at
purchased
Bank
a
by
of
1,
ously noted in
v. 169, p. 2043, are
in the denomination of $2,000 and
manure $2,000 June 1 from 1950 to
Robinson &
1979
Offering
—
Secretary,
Pa.
W. F.
will
Brian,
receive
sealed bids until 7:30 p.m. (EST)
on
June 6 for the purchase of
$15,000 borough bonds.
Bond Sale—The $38,000 refund¬
ing bonds offered May 23—v. 169,
1
i
a
Dated June
June 1 from
1950
Bond
Offering—James
Ma-
bids
until
8
p.m.
(DST) on June 7 for the purchase
of $300,000 improvement, coupon
of
one
numerical order under
the
following maturity
be determined in the
plans
absolute discretion of the Board of
a
21/2S, at a price of 100.37,
basis of about 2.42%. Dated June
1, 1949. Due on June 1 from 1950
to 1959 inclusive. The second
high¬
est
bidder
was
rerd, for 2^s, at
Butcher
a
&
Sher-
priceo f 100.17.
Newport
Twp. (P. O. 4 West
Kirmar Avenue, Alden Station
Nanticoke), Pa.
..
Bond Offering—James E.
Price,
will receive
sealed bids until 7:30
p.m. (EST)
on June
6 for the purchase of
$25,000
improvement coupon bonds.
Dated June
1, 1949. Denomination
$1,000. Due on June 1, as follows:
$3,000 from 1951 to 1958
Township Secretary,
and
inclusive,
.$1,000
name
the
in
1959.
rate
of
Bidders
interest,
to
ex¬
at
the
as may
Township Commissioners: Plan A
—$30,000 June 1, 1950 to 1959, and
Plan
B—$20,000 June
1964.
the
Bids
entire
will
issue
be
1,
1950 to
received
under
for
each
ma¬
turity plan separately, but no bid
combining two different rates of
interest
for
the
same
plan will be accepted.
the
name
rate
o|
maturity
Bidders to
interest,
-
ex¬
pressed in
a multiple of l/g of 1%.
approving opinion of Townsend, Elliott & Munson, of Phila¬
delphia, will be furnished to the
purchaser without* cost.
A certi¬
The
fied
check
amount
the
of
for 2f%
the'
of
the
face1
bonds, buyable to
Township Treasuref;Ms re-
glared.
au¬
election held
authorized
1
held
Dated June
tion
the
at
election
April 19, 1949.
on
1, 1949. Denomina¬
$1,000.
Principal
terest (J-D) payable at
able bank
in¬
and
any
suit¬
trust company desig¬
or
by the successful bidder.
approving opinion of Faegre
&
Benson,
of
Minneapolis,
to¬
bonds,
5%
rates
or
pressed in
interest
reflecting
man
furnished
out
of
interest,
ex¬
a
to
cost.
the purchaser with¬
A
certified
check
for
$5,000, payable to the Board
County
Commissioners,
is
quired.
and
due
with
the
printed
purchaser,
City.
A
certified check for $3,000, payable
to the City Treasurer, is required.
the
at
expense
t
of
e r
i
n
g—C.
•.
(CST)
sealed
bids
2
re¬
Due
on
Due
.
2260—were awarded to the Ham¬
ilton
National
Bank,
of
Chat¬
tanooga, and the Hamilton Na¬
tional Bank, of Knoxville Jointly.
Dated Dec.
1, 1948. Due
on
June 1
from 1950 to 1958 inclusive.
Nashville, Tenn.
Bond Offering—W. M. Carr,
City
Clerk,
bids
until
will
7:30
receive
p.m.
Jr.,
sealed
(CST)
on
June 21 for the purchase of $500,000 not to exceed 4%% interest
street,
bonds.
alley
Dated
and
sewer
of
1948
June
1, 1948. De¬
nomination $1,000. Due on June 1,
as follows: $50,000 in
1950; $10,000
from 1951 to 1953 inclusive; $15,000 from 1954 to 1963 inclusive,
and
$18,000 from 1964 to 1978 in¬
clusive.
Principal
and
interest
was
May
on
000 in 1953.
.
Due
on
order,
any
$30 for each bond redeemed on
1, 1961 or Dec. 1, 1961.
June
Thereafter the
decreased
at
premium shall be
the
of $5 for
Principal and
rate
each calendar yeqr.
Union
Bank
1959.
the rate
of
interest, expressed in
'
538,000 3%
Due
Dated May 15, 1949. Denomina¬
tion
$1,000.1 Principal and interest
(M-N)
payable at the Corpus
Christi Bank & Trust Co., Corpus
Christi.
These bonds were au¬
thorized
reflecting
a
mas,
Enda
Indep. School District, Texas
000
refunding bonds was sold to
syndicate composed of Roe &
Co., First of Texas Corp., both of
San Antonio, R. J. Edwards, Inc.,
a
Oklahoma
a.m. (CST) on June
purchase of $800,000 not
exceed
3%
interest general
obligation bonds, divided
as
fol¬
lows:
$75,000 public free schools bonds.
Due July 1, as follows: $23,000 in 1950 and 1951, $24,000
in 1952 and 1953, $25,000 in
1954 and 1955, $26,000 in 1956
and
1957,
$27,000 in 1958,
$28,000 in
1959
and
1960,
$29,000 in 1961, $30,000 in
1962 and 1963, $31,000 in 1964,
$32,000 in 1965 and 1966, $33,000 in 1967, $34,000 in 1968,
$35,000 in 1969 and 1970, $36,000 in 1971, $37,000 in 1972,
$38,000 in 1973, and $39,000 in
1974.
50,000
airport hangars
and
im¬
provement bonds. Due $2,000
on
June
1
from
1950 to
1974
inclusive.
Dated June 1, 1949.
tion $1,000.
Denomina¬
The approving opin¬
Rowles,
Houston, as
and
of
on April
10, as follows:
$1,000 from 1950 to 1957 in¬
clusive; $2,000 in 1958; $1,000
in 1959; $2,000 in 1960 and
1961; $12,000 from 1962 to
1964 inclusive; and $13,000 in
i
1965.
186,000 3%
Due
school house bonds.
April 10, as follows:
$13,000 in 1966; $14,000 in
1967 and 1968; $15,000 in 1969
and
1970; $16,000 in 1971;
$19,000 in
1972
and
1973;
$20,000 in 1974 and 1975, and
$21,000 in 1976.
'
Texas
Bond Offering—Guiton
Morgan,
City Manager, will receive sealed
to
Co.,
V
Due
interest cost
TEXAS
City,
&
$64,000 2j/2% school house bonds.
of about 1.64%.
Austin,
on
Bonds Sold—An issue of $250,-
follows:
net
held
Dallas.
inclusive. The second highest bid¬
der was J. C. Bradford & Co., on a
bid
election
Legality approved by Du¬
Hugeunin & Boothman, of
Winston
of the Town.
the
at
May 7.
of
Weakley County (P. O.
Dresden), Tenn.
Bond Sale—The $150,000 road
bonds offered May 20—v.
169, p.
2044—were awarded to the Equit¬
able Securities Corp., of Nashville,
at a price of 100.04, a basis of
about 1.55%.
Dated April 1, 1949.
Due on April 1 from 1950 to 1954
bonds.
follows:
as
$40,000 in
1961; $44,000 in 1962; $42,000
1963; $47,000 in 1964; $58,000 in 1965; $63,000 in 1966;
$49,000 in 1967; $50,000 in
1968, and $104,000 in 1969.
nished to the purchaser at the ex¬
pense
house
May 15,
in
1960;
on
$41,000
multiple of V\ of 1%. The ap¬
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
a
school
in
of
Rogersville,
Inc., Rogersville. Bidders to name
^
as
in 1956; $41,000 in 1957;
$39,000 in 1958, and $40,000 in
on
thereafter at par plus a premium
of
15,
000
ma¬
June 1, 1961, or
interest
payment
date
May
on
follows:
$35,000 in 1954 and 1955; $39,-
and after June 1, 1962,
callable for redemption at the
option of the Town, in inverse nu¬
in
229,000 2%% school house bonds.
are
merical
Dist.,
15, as follows:
1950; $32,000 in
1951; $35,000 in 1952, and $36,-
inclusive; $10,000 from 1958 to
1961 inclusive; $20,000 from 1962
to 1965 inclusive, and
$25,000 from
on
Sch.
issue of $900,sold to a syndicate
follows:
as
follows: $2,000 in 1951; $3,000
1952; $5,000 from 1953 to 1957
1966 to 1969 inclusive. Bonds
Indep.
$133,000 21/4% school house bonds.
as
turing
to
of Rauscher, Pierce &
Co., Russ & Co., both of San An¬
tonio, and F. Bert Smith & Co., of
Corpus Christi, at a price of par,
De¬
June
9 for the
City, Tenn.
Bond Sale—The $100,000 elec¬
tric system revenue, Series 1948
bonds offered May 23—v. 169, p.
Christi
000 bonds
p.m.
1, 1949.
sold
composed
June 6 for the purchase
of $250,000 not to exceed 4% in¬
terest water works, Series 1949
Dated June
been
T exas
on
bonds.
has
Bonds Sold—An
Worley
until
to
of
bids until 10
TENNESSEE
Lenoir
bonds
Corpus
Richardson, Town Recorder, will
receive
1950
Rauscher, Pierce & Co., of Dallas.
Rogersville, Tenn.
O f f
from
1
of
1, 1949
Commerce Indep. Sch. Dist., Texas
Bonds Sold—An issue of $60,000
school
the
•
June
on
bid
a
cost
1964 inclusive.
$30,000
Bond
on
interest
net
a
about 2.456%. Dated June
road
multiple of
of 1%.
approving opinion of Chap¬
& Cutler, of
Chicago, will be
The
A
2156—were awarded to Rauscher,
$250,000
1962;
$50,000 in 1963; $60,000 in 1964,
and
$90,000 in 1965.
Principal
and interest (J-D)
payable at the
rate
1%.
$16,000, pay¬
City, is required.
Pierce & Co., of Dallas,
bonds.
Dated June 1, 1949. De¬
nomination $1,000. Due on June 1,
as
follows: $1,000 from 1952 to
1961
inclusive, $40,000 in
will be furnished to the
June
1, 1949. De¬
nomination $1,000. The bonds will
mature in
are
of the $75,000 issue
i
gether
E.
Secretary of the Board of
Township Commissioners, will re¬
Dated
exceed
of
interest (J-D) payable at the Citi¬
bonds
on July
13, 1948.
20,000 Water bonds.
Due $2,000
June
1, 1952 to 1961. All
bonds maturing after June
1,
1954,
being subject to redemption on said date and
any
interest payment date
The
O.
lone,
sealed
to
purchase
zens
These
nated
„
Lyon;
as
All bonds
thereafter at par and accrued
interest. These are the bonds
p.
2259—were awarded to the Glen
Lyon National
Bank,
of
Glen
p.
and
.
bonds.
Pennsylvania
1953,
thorized
Aspden,
Upper Darby Township (P.
Upper Dartyy), Pa.
ceive
Newport Tivp. Sch. Dist. (P. O.
10 Orchard Street, Glen
Lyon),
awarded to
1960 inclusive.
$1,000 in 1952
$2,000 in 1954 to
$3,000 in 1962 to
4
$100,000 impt.
Mdy 25—v. 169,
on
«
follows:
as
part
Co., 'of Philadelphia,
prfce of 100.42, a
at
the
of
for
Bond Sale—The $195,000 school
bonds offered May 24—v. 169, p.
June
on
interest.
(P. O.
Pa.
basis of about 2.17%.
to
Mount Joy,
Borough
2y4.s,
as
1, 1949. Due
1954 inclusive.
Bond
Sale—The
were
not
(EST)
p.m.
%
the
Texas
thereafter at par and accrued
Scranton,
offered
.,
maturing af¬
ter June 1, 1954, being
subject
to redemption on
said date
and any interest payment date
1954 inclusive.
—
Brady,
*
1969.
2043, were awarded as l%s, at a
price of 100.52, a basis of about
1.57%.
Due on NJay 1 from 1950
Bond
follows:
as
1961,
&
bonds
for
1
check
name
Banquette Independent Sch. Dist.,
O.
Tenn.
Offering—A.
until
Bidders to
multiple
certified
Commissioners, will receive sealed
1,
Tyndall, S. Dak.
Offering—M. L.
and
Scribner, of Pittsburgh,
previously noted in v. 169, p.
2155
(P.
Wood, King & Dawson, of
City, will be furnished.
able to the
W. Gregory,
Secretary of the Board of County
in
$42,000 Hospital bonds. Due June
Pricedale), Pa.
The
—
on
by
of
bonds, di¬
vided
Sale Details—The $85,000
school bonds purchased by Singer,
to
Bond
were
election held
an
City Auditor, will receive sealed
bids until 8 p.m. (CST) on May 31
for the purchase of $62,000 not to
exceed 3y2% interest
Bond
as
Trust
Legality approved
Gibbs
&
Simons,
Bond
*
Rostraver School District
Deane
&
SOUTH DAKOTA
1, 1949.
1950 to
County
Benton),
nomination $1,000.
Co., Inc., Moore, Leonard
Lynch, and Jfauset, Steele &
Co.,. both of Pitsburgh, jointly, as
2Vfes, at a price of 101.58, a basis of
on
Bank
Charleston.
&
Due
5.
Sinkler,
Blair &
about 2.44%.
Hanover
authorized at
(P. O. Colonial Park), Pa.
Bond Sale Details
May 1 in
on
Co., New York. These bonds
the rate of interest, expressed in a
multiple of Vg of 1%.. The approv¬
ing opinion of Townsend, Elliott &
Munson, of Philadelphia, will be
Due
1960 and 1961.
$10,000 from 1950 to 1964 inclu¬
sive, and $5,000 in 1965.
Bidders
Harriet W.
—
Black, Borough Secre¬
tary,; will receive sealed bids un¬
21(£s.
as
Central
•
Bunting
1
000.-
Hulmeville, Pa.
\
May
on
funding
coupon
bonds.
Dated
June 15, 1949.
Denomination $1,-
Ross
•
follows:
as
Due
Dated May 1, 1949. Denomina¬
tion $1,000 and $500.
Principal
and interest (M-N)
payable at the
obligation bonds offered May to name the rate of
interest, ex¬
169, p. 2155—were awarded
pressed in a multiple of Vs of 1%.
to: a syndicate composed of Blair The
approving opinion of Towns& Co., Inc., A. Webster Dougherty
end, Elliott & Munson, of Phila¬
& Co., Schmidt, Poole & Co., and
delphia, will be furnished. A cer¬
Dolphin & Co., all of Philadelphia,
tified., cheqk for 2% of the face
as l%s, at a price of 100.58, a basis
amount of the bonds,
payable to
of
about
1.57%. Dated ;June 1,
the City Treasurer, is
required.
1949. Due on June 1 from 1950 to
inclusive.
Chester,
certified
a
1
24—v.
1973
sewerage
sold to Ham¬
was
23/4s.
as
35,000
(DST)
a.m.
and
from 1953 to 1959 inclusive.
1: for. the purchase of
judgment funding and
$155,000
works
extension bonds
is required.
City
water
A
Chemical Bank & Trust Co., New
York City.
Bidders to name the
/Bonds Sold—An issue of $100,000
$6,300, payable to the District,
Reading, Pa.
Offering—Daniel
CAROLINA
Whitmire, S. C.
will be furnished to the
purchaser
without cost.
A certified check
for
$11,000
multiple of
for
Polk
10
•
Bond Sale Details—The
multiple of y4 of 1%. The approv¬
ing opinion of Burgwin, Churchill,
Ruffin. & Hazlett, of Pittsburgh,
Kenna,
4
Dec.
on
inclusive.
Bond
Bonds Not Sold—The sale of the
$46,000
If
Pa.
Wyoming, Pa:
purchase of $315,000 general obli¬
gation coupon bonds. Dated June
1, 1949. Denomination $1,000. Due
PENNSYLVANIA:
:
Ray, of Beaver, until
(DST) on June 6 for the
a
$10,000, payable to the
City Treasurer, is required.
bids
&
p.m.
or
1.90%.
the rate of
'
Bond
Ewing
Vi
expressed in
1/10 of 1%.
der was
Twp. School District, Pa.
Bond
1964
(P. O.
10 Jt.
District No.
:
Potter
59
(J-D) payable at the City Treas¬
office, or at the Chemical
Sale
of Los Angeles, Kebbon,
McCormick & Co., of Chicago,
Otis & Co., of Cleveland, Hornblower & Weeks, of New York,
Detmer & Co.,"Blunt Ellis & Sim¬
Bank,
(2367)
urer's
Bond
bonds, payable to
Treasurer, is re¬
Township
FINANCIAL
Wilkinsburg, Pa.
The
fied
&
on
Dated
April 10, 1949. Denomi¬
Principal and in¬
terest (A-O) payable at the State
nation
$1,000.
office.
Treasurer's
authorized
were
held
March
on
These
at
30.
the
bonds
election
Legality
ap¬
proved by Chapman & Cutler, of
Chicago.
Friendswood
Sch. Dist.,
Indep.
Texas
Bonds Sold—An issue of
000
bonds
Beissner
$250,Moroney,
Co., of Houston, and
First of Texas
tonio, jointly,
$50,000
Corp., of San An¬
follows:
as
house bonds.
1, as follows:
1950, and $17,000
June
on
$16,000
to
school
2%
Due
sold
was
&
in
in 1951 and 1952.
200,000 2y4% school house bonds.
Due
June
on
1,
as
follows:
$18,000 in 1953 and 1954; $19,000 in 1955 and 1956; $20,000
in
1957
and
1959 and
1958;
$21,000 in
1960, and $22,000 in
1961 and 1962.
Dated
June
and interest
1,
1949.
Principal
(J-D) payable at the
u
€0
bonds
authorized
were
the election held
gality approved by
Culler, of Chicago.
George
""Bond
Volz
&
Sch. Diet.,
Texas
'
Co.,
and
T.
ders to
Dewar, Robert¬
tioned
in
bonds
ing
previously,
sold
were
2156.
p.
on
interest
net
a
169,
v.-
with
men¬
of
cost
The
Troup,
Hempstead, Texas
Sale—The
$50,000
street
been
improvement,
Series 1949 bonds
offered May 16—v. 169, p. 2044—
were awarded to Fridley & Hess,
oi Houston, as 3s, and 3 ^s. Due
serially over a period of not more
than 20 years.
The second highest
bidder was Rowles, Winston &
Co., for 3V4S and 3y2s.
sold
to the
Co., of Dallas,
of
gality
Hereford, Texas
000
water
and
$130,-
extension
sewer
improvement bonds purchased by
William
N.' Edwards
&
Co.,
of
Fort
Worth, for $5,000 as 3s, and
$125,000 as 3V2s, as previously
noted in v. 169, p. 2044—were le¬
and Haskell Counties,
County-Line Indep. Sch. Dist.
(P. O. Stamford), Texas
Jones
Bond Sale Details—The Colum¬
bian Securities Corp. of Texas, of
San
Antonio, and Hatcher & Co.,
Dallas, jointly, were the orig¬
of
purchasers
of
the
$130,000
bonds, previously mentioned in v.
169, p. 1499. The bonds were sold
at a price of 100.05, a basis of
about 2.86%.
Port
Tyler,
:
Bond
•000
Sale
a
bonds
Hess,
Seawall
purchased
of
inoted
by
Houston,
in
$124,-
Refunding
as
v.
at
Rockwall
Bonds
000
Texas
Sold—An issue of $180,-
bonds
has
been sold to the
First State Bank, of Rockwall, as
follows:
$30,000 3V2% refunding bonds.
150,000 3V4 % and 3V2% schoolhouse
bonds.
,
Dated
April 15, 1949. Legality
approved by Dumas, Huguenin &
Boothman, of Dallas.
Sheffield
Indep. Sch. Dist., Texas
; Bond Sale—The $850,000 school
bouse bonds offered May 24 were
awarded to R. K. Dunbar & Co.,
of San Antonio, and the First Na¬
tional Bank, of Dallas, jointly, at
price of 100.003,
as follows:
a
a
basis of about
2.08%,
$475,000
v
l%s. Due from 1950 to
as
1955 inclusive.
-
375,000
2V4S. Due from 1956 to
as
1959 inclusive.
Sinton Indep. Sch. Dist., Texas
Bond
000
Sale
school
chased by
and
Details—The
house
bonds
$275,pur¬
Rauscher, Pierce & Co.,
v. 169,
legally approved by
Dumas, Huguenin & Boothman, of
Dallas.
1168,
were
'V
price of
2.29%,
100.03,
as
$56,000
a
basis
follows:
3s.
as
of
Co., of San An¬
tonio, are publicly offering an is¬
sue of $65,000 21/2%
water works
revenue
bonds.
Dated May 15,
1949.
Denomination $1,000. Due
on May 15, as follows: $6,000 from
1950 to 1954 inclusive, and $7,000
from 1955 to 1959 inclusive. Op¬
tional May 15, 1954, at 102.50 and
accrued interest, decreasing V2 of
1% each year thereafter. These
;
as
from
2V4S.
1965
Due
to
Cavendish,
Sold
—
$7,000
$225 000
building bonds were sold
C. N. Burt &
Co., of Dallas.
Taft
B.
a
Bond
Offering—E.
G.
District Clerk will
sealed bids until 7:30
p.m.
June
7
$65,000 not
for
the
to exceed
receive
(CST)
purchase
4%
of
interest
cchool house bonds.
Dated June 1,
on
Corp., of
Dated May 1, 1949.
May 1 from 1950 to
about 2.44%.
Dated June
Due
the
1
June
on
1,
1949.
from 1950 to
B.
Hill
&
Co., of Boston, as 2y>s, at a price
of 101.54, a basis of about 2.32%.
The
second
highest bidder was
Kidder, Peabody & Co., for 2y2s,
at a price of 101.27.
Bonds are dated July 1, 1949.
Denomination $1,000.
Due $5,000
on July
1 from 1950 to 1969 in¬
clusive.
Legality approved
;
by
Giuliani, of Montpelier.
receive sealed
the
for
and
Skamania
Counties,
White Salmon Joint Sch. Dist.
No. 405-17 (P. O. Gold end
ale),
disposal
sewage
of
County
County,
10
Offering—R. M. Spoon,
Treasurer, of Klickitat
will
a.m.
receive
(PST)
purchase
of
sealed
on
bids
June
4
$100,000 not
June
Residential
1969.
inclusive,
and
Interest J-D.
1962
$7,000
in
The approv¬
ing opinion of Preston,
Thorgrimson
& Horowitz, of
Seattle, will
be furnished.
A certified check
for 5% of the total
amount of the
bid is required.
•
:
.
221
217
1159
164
174
147
tl45
130
145
181
+205
175
154
+165
135
181
; 202
+238
208
227
k
129
t2i3
212
r
„
206
Factory employment—
Total
___
Durable
_
Total
'
Freight
+147.5
151.3
+170.8
174.9
+129.2
132.7
"i
156.1
185.1
133.3
;1 ■'
,
.■
•
:,
carloadings
120
+270
+293
127
Department store sales, value...
*
*
349.3
*
390.1
393.4
*
—
—
Department store stocks, value
390.5
301.9
347.1
130
125
111
128
306
41
t254
288
308
*
+287
308
*Data not yet available.
NOTE—Production,
*
*
=
; <
_________
goods.....
+Preliminary.
157.1
185.5
134.7
*
175.2
•"
„
goods...;
Nondurable
151.1
132.0
"'
—
Durable
;
...
payrolls—
Factory
+148.4
+171.1
+130.5
—
-
goods
Nondurable goods
i
department store sales indexes based on
daily
averages.
To convert
durable manufactures,
nondurable
manufactures, and
minerals indexes to
points in total index, shown in Federal Reserve Chart Book,
multiply durable by .379, nondurable by .469, and minerals by .152.
1
•
carloadings,
and
,
Construction
contract
Employment
by Bureau
Index,
Labor
of
based
indexes
3-month
on
without
seasonal
Statistics.
moving
adjustment,
averages,
and
payrolls
7'"
•
INDUSTRIAL
(1935-39
plant
centered
at
index
compiled
V
.-
fol¬
as
3i/2s.
as
1959
Due from
and
3%s.
as
Mar.
219
233
151
217
221
151
208
239
264
208
221
239
264
196
202
154
196
202
154
Electric
546
706
593
546
706
593
Machinery
+238
metals
and
and
275
237
204
197
+206
204
197
183
200
+ 177
184
200
+207
refining
252
240
+177
products
+238
+ 238
+206
products
275
237
209
203
t207
209
203
+125
and
252
240
129
145
+ 125
124
+ 114
110
131
+ 145
150
169
186
208
Lumber
received
until
June
9
bonds.
Dated June
1956.
These
thorized
bonds
the
at
1, 1949.
132
169
clay
and
glass
products
+191
208
193
O
171
171
173
+ 160
163
168
+204
221
249
+ 202
213
246
+214
products
Abrasive and asbestos products
and
195
*
224
244
+214
224
244
142
142
175
.
products—
Gypsum and plaster
Textiles
+128
175
+ 128
111
120
147
111
120
242
275
298
242
275
298
*
122
179
122
179
110
113
Wool
textiles
Leather
products
Tanning
on
Calf
and
Goat
0
Other
syndicate
Dominion
Publicly
Printing
&
Co.,
89
113
123
113
tl63
163
157
+ 149
145
143
+114
134
+ 102
+ 112
128
+ 138
141
+ 153
152
148
147
+96
85
90
150
169
+ 146
151
169
163
192
162
163
192
97
publishing
consumption.!
125
166
154
162
_?
153
170
+158
+145
veg...
116
+172
foods
and
production
and
Petroleum
99
93
99
99
+150
152
151
143
*■
95
tl55
155
159
163
154
"154
157
151
and
of
+210
+214
+213
+210
+214
+213
Gasoline
+168
169
164
tl68
169
164
Fuel oil
+179
186
194
+ 179
186
41
177
137
177
137
41
173
135
173
135
Weir
products..
By-product
Beehive
317
186
t462
317
186
246
249
+237
248
251
+139
139
150
+ 140
151
139
Soap
+131
132
123
+ 128
132
120
Rayon
+268
300
305
+268
300
305
Industrial
-+415
439
t415
428
181
200
+ 176
181
200
137
149
+ 148
137
149
+144
93
102
+ 144
93
+88
52
105
t88
52
105
+156
products
428
v *+176
chemicals
439
+148
Rubber
163
171
+ 156
163
171
+126
137
+ 125
+91
126
+237
110
228
MINERALS
Fuels
500,000
Bituminous
lows:
Anthracite
coal
Crude petroleum..
$4,000,000 3V4% sinking fund de¬
bentures.
Due on May
16,
194
+235
,
Paints
Co., A. E. Ames & Co., Mills,
Spence & Co., all
of Toronto,
.
+462
Chemicals
&
Halifax, is publicly offering $6,debentures, divided as fol¬
coal
Coke
the
Corp., Bell,
Wood, Gundy
Young,
94
77
123
,
O.
Securities
McLeod,
89
91
91
+150
fruits
Paper and products
Offered—
composed
74
79
77
90
79'
+106
manufactured
Processed
Newsprint
,(P.
119
*
Paperboard
Fredericton), N. B.
Debentures
105
110
81
,
no'
99
119
"
41
flour
Newsprint
BRUNSWICK
Brunswick
*
_
leathers
Meatpacking
Aug. 26, 1949.
110
41
Wheat
issue
$75,000,000 Treasury bills was
on
May 26 at an average
yield of 0.503%. Dated May 27,
New
leathers
Shoes
sold
on
leathers
lamb
Manufactured food products
of
NEW
147
105
99
41
kid
and
113
•
kip
and
Sheep
Canada (Dominion of)
and due
183
au¬
held
Sold—An
+ 188
products
Cattle hide leathers
Bills
211
Cotton consumption
Rayon deliveries
April 30.
Treasury
144
+164
—:
Clay
Due
were
election
119
150
Cement
for
the purchase of $28,000 not to ex¬
ceed
4%
interest
construction
+115
+145
Stone,
177
+238
equipment-
Automobiles (incl. parts)
Lumber
*
Furniture
be
Apr.
217
__
Smelting
County, Buffalo Sch. Dist.
(P. O. Buffalo), Wyo.
Bond
Offering — Sealed bids
Co.,
Apr.
177
233
Open hearth
Due in I960.*
Johnson
A
Apr.
219
Steel
5 years.
1949
Mar,
Seasonal Adjustment
1949
1948
V
-
steel
Nonferrous
Dated April 1, 1949. Optional in
v.
Pig iron
1950
inclusive.
1948
Apr.
Iron
Transportation
50,000
in
Without
Seasonal Variation
MANUFACTURES
26
to
will
100)
—
Adjusted for
1168—were awarded to CoughCo., and the First National
p.
PRODUCTION
average
revenue
Metals
Iron
1957.
«
ore
...
+Preliminary.
...
•
102
♦Data not yet available.
2,500,000 3 ¥2% sinking fund de¬
1964.
1968
+213
177
175
+141
-—
r
28
County School District
(P. O. Morton), Wyo.
Bond Sale—The $150,000 build¬
ing bonds offered April 5—v. 169,
No.
bentures.
1955
193
217
136
+180
Fremont
$1,000. Due on June
follows: $4,000 from 1951 to
inclusive; $5,000 from
1961
inclusive; $6 000 from
190
1949
1.
1954
181
tl83
-
'
value—
"
nomination
as
tl46
—-
contracts,
bonds.
exceed
6%
interest
school
Dated June 1, 1949. De¬
-
$1,100,000
Eastern Securities Co., of St.
John,
Cochran, Murray & Co., of Toron¬
to, and F. J. Brennan & Co., of
Washington
168
+ 177
,
bids until
purchase
Gouinlook
WASHINGTON
186
188
195
.
Manager Water Department, will
6
Klickitat
Apr.
month, of F. W. Dodge data for 37 Eastern States.
To convert indexes to
figures, shown in Federal Reserve Chart Book, multiply total by $410,269,000,
residential by $184,137,000 and all other by $226,132,000.
-
WYOMING
Bond Sale—The
Kenneth
223
■; VAU nth»r
CANADA
to
Mar.
value
Cheyenne, Wyo.
Bond Offering—J. K. Stoddard,
-
awarded
t213
1161
~
Total
1969
$100,000 school
house bonds offered May 25 were
Adjustment
i948
Apr.
second
required.
Williston School District, Vt.
to
$10,000, pay¬
Treasurer, is
City
184
Minerals
of
1949.
July
cago, will be furnished to the pur¬
chaser at the expense of the City.
inclusive.
to
Muckle-
tfoy.
Securities
Co., of Boston, as 2M>s,
price of 100.45, a basis of
the
Addition
July i,
Apr.
193
_!
Construction
in¬
$10,000 from 1950
inclusive; $25,000 from
1958 to 1967 inclusive; $35,000 in
1968, and $45,000 in 1969. Princi¬
pal and interest (J-J) payable at
the City Treasurer's office. Bid¬
ders to name a single rate of in¬
terest, expressed in a multiple of
V\ of 1%.
The approving opin¬
ion of Chapman &
Cutler, of Chi¬
The
Hill &
at
for
Dated
>
1179
1184
Nondurable
follows:
to
Mar.
1949
*
.
Total
1957
$100,000
.Bond Sale—The $26,000 refund¬
ing bonds offered May 25—v. 169,
p. 2156—were awarded to Kenneth
to
Indep. Sch. Dist., Texas
Vt.
Sherburne, Toum Sch. Dist., Vt.
Peter
Sch.
Norwood
bonds.
as
to
1959 inclusive.
bonds.
The
school
$410,000 not to exceed 2V2%
1949
Seasonal
production—
Total
will receive
sealed bids until 1:30 p.m. (CST)
June 7 for; the purchase of
terest
Apr.
Industrial
!
1948
Manufactures—
on
2156—were awarded to
p.
Brattleboro.
Due
Clerk,
Without
1949
A.
lows:
$70,000 re¬
bonds offered May 19—
—
Vermont
the
until
Texas
on
169,
Bond
May 15
inclusive.
Sulphur Springs Indep. Sch. Dist.,
Bonds
Sale
funding
15
Dated May 15, 1949.
to
Bond
v.
City
Bank, of Riverton, jointly,
VERMONT
•
Centen,
payrolls;
Adjusted for
Seasonal Variation
Durable
Green Bay, Wis.
Offering — Clifford
Bond
employment and
100 for construction contracts;
= 100 for all other
series.
=?
1935-39. average
lin &
on
1964
May 10. Legality ap¬
Gibson & Gibson of
Austin.
from 1950 to 1954 inclusive.
219,000
on
by
proved
'
May
on
authorized at the elec¬
were
100 for factory
=
*
able
Ed¬
—
Volz &
T.
ward
about
\
Due
Publicly Offered
average
1923-25 average
Chicago,
A certified check for
Uvalde, Texas ]
V
Russ &
Co., both of San An¬
tonio, jointly, as previously noted
•n v.
169, p. 2260, were sold at a
of
bid
of
previously noted in
par, as
p.
a
Indep. Sch. Dist.,
a
cost
2.14%, for $58,000 as 2y2s,
$62,000 as 2s, at a price of
Fridley &
previously
1828, were
169, p.
price of par. Dated
Feb. 1, 1949. Due on Feb. 1, 1962.
awarded
on
interest
net
about
and
tion held
Details—The
4V2%
Corp.
San Antonio,
reflecting
1939
.
Milwaukee Co.,
Robert W. Baird & Co., and the
Old National Bank, Beaver Dam.
a
follow:
year ago,
posed of the First National Bank
of
em¬
with
BUSINESS INDEXES
incl.
1969
to
a
high bid of 102.175 for
2V4s was made by a group com¬
1,
Securities
•
a
Denomination $1,000. Due on
Texas
$120,000
street paving bonds purchased by
bonds
Arthur, Texas
Hu¬
Bond Sale Details—The
Bonds
inal
by Dumas,
approved
guenin &, Boothman, of Dallas.' :V;
gally approved by Dumas, Hu¬
guenin & Boothman, of Dallas.
...
price
a
1949. Le¬
1,
Texas, of
The
—
Southwest
3%s, at
Dated April
par.
Columbian
Bond Sale Details
First
as
at
1952
from
1
Texas
Bonds Sold—An issue of $10,000
street
improvement
bonds
has
2s,
as
Second
about
3.12%.
Bond
March
paid for by the District. A certi¬
fied check for $1,300, payable to
the District, is required.
bid reflect¬
a
a
The
some
month and
price of
101.51, a basis of about 1.858%.
Dated March 1, 1949 and due on
Chicago,
System issued
The indexes for April together
ployment and payrolls, etc.
the Harris Trust &
of
April Business Index
of the Federal Reserve
of Governors
May 26 its monthly indexes of industrial production, factory
on
169, p. 2156—were awarded to
Savings Bank,
v.
multiple of Vb of
approving opinion of
market attorney,
together
the printed bonds, will be
1%.
tonio, jointly, were the original
purchasers of the $275,000 school
bonds,
$600,000 school
building bonds offered May 25—
Board
The
Bond Sale—The
the rate of interest,
name
expressed in
Federal Reserve
Wis.
-
bonjdsj>were authorized at
elecfiOpJhqld on May 14. Bid¬
the
Pancoaast, both of San An¬
house
Beaver Dam,
These
'
Details—Edward
Sale
&
&
son
Chapman
West Indep.
'.
at
April 30. Le¬
on
WISCONSIN
1949.
Due on Jan. 1, as follows:
$2,000 from 1950 to 1955 inclusive;
$5,000 from 1956 to 1965 inclusive,
and $3,000 in 1966.
Principal and
interest (J-J) payable at a place
designated
by 1 the , purchaser.
Dickinson State Bank, Dickinson.
The£e
Monday, May 30, 1949
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2368)
May
on
16,
and
$1,000
and
interest
$500.
(M-N)
payable in lawful money of Can¬
ada
in
Halifax, Charlottetown,
St. John,
Moncton, Fredericton,
Montreal, Toronto, Winnipeg, Regina, Calgary or Vancouver.
Le¬
gality approved by Daly, Thistle,
Judson &
FREIGHT
CARLOADINGS
(1935-39 average
Denomination
Principal
Due
McTaggart, of Montreal.
Coal
.
100)
=
129
79
105
129
188
174
137
184
175
Grain
138
139
123
121
128
105
79
Coke
Livestock
in
.
108
76
—————
L..:
105
68
61
94
141
119
117
141
236
$207
228
68
$206
132
l.c.l.
77
117
219
Miscellaneous
a-4
134
119
Forest products
Ore
Merchandise,
•
138
145
130
'131
143
59
60
70
60
61
$71
NOTE-tTq convertvcofth«od miscellaneous indexes to
points In total index, shown
Chftfb :tBook,t multiply coal by .213 and miscellaneous by .548.
Federal rRe^rvfr
$Revised.
•
•
•«
-
"•
v
@FedFRASER