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i
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nw^it
t'«.r-.f'Vv ;/•/1 •■ '*i .'.
*,■> ■'•# 1,/*l / A
.
LL,nARY.", '
zaui:
:i~j;:a»v,:«:ijr^KiA?:.»n'A--.»(
■
MONDAY
;V.«Aif Wr-|; r» Wr.("iJ'&U.
K;»y«,*^p»w.**>y; «-*'->>*tI
ll-lyl ;1/1.yV;;!
*
,
I0yi348-
DEC
■
■■ -
'1;
Reg. XJ. 8. Pat. Office
Volume
167
New York, N.
Number 4703
•/••."'
■■.
'•
■.
•
\
•,
'\
;
■
.
--
..
V
General
RAILROAD
'*■.■'
.♦...
'Cart J.
Sharp, President,
High Levels
>
v
^
^
1
?
:
i
t
•
,
Net
4>C;
sales..
Federal
taxes
income
♦Based
Other
1,619,619
1,259,588
$1,964,468
$1,999,843
$2.01
work
________
$2,055,188
1
__
$1.98
-
COMFARABLE
Total
income
_
General
expenses
Tax—other than
Int.
Interest
Interest
Prov.
bank
on
''
'
1947
1946
$284,025
$2,772,169*
n
26" 170
~7~666
1,092,984
12,590,375
815,4371; 11,132,589
$140,360
:
■
■
-7
•
O
American General Corp^Earnings-H
Int.
$2,396,311 $30,396,493 $26,021,876
31,225,590
500,234
7,132,271
adjust..._
24,937
24,937
299.243
Total
299,234
deducts.
61,024
44,101'
535,236
444,814
7,358
and
debt
,
17,039
f
of
Undistrib.
v
'Subs,
4,700
net
City
NOTE—On.
2.833,933
*186,313
4,714,876
"596,010
♦186,313
Jt,714,876,
$8,740
.
of taking investments* in securities owned,
accompanying balance sheet, the net assets
the
1948,
were
BALANCE SHEET, MARCH 31, 1948
.
accounts receivable for securi¬
accounts and dividends receivable
and interest accrued, $54,235; U. S. Govt, security, at market quotation
(cost $299,312), $299,312;
general market securities, at market quo¬
tations (average cost $7^.4,763), $837,490; investments in securities of
/subsidiary companies, $20,832,307; investments in securities of asso¬
ciated companies, $4,484,054;
deferred charge,
$11,455; total, $28,ASSETS—Cash
ties
^ 2,904,227
421,491
Co.
If;1v v;^Iff
1.?
$49,897
$20,278 ,
$57,453
•
:
basis
in
31,
2,904,227
Co.
El.
43,464
3,342
equivalent to approximately $114.01 per
of
convertible
preferred
stock
and, after deducting prefer¬
i& liquidation of $50 per. share And accrued, dividends: to $3.01
per common-share,"
5 *
llli/lillllf
i
El.
$100,916
44,502
ence
Co.:
above
$68,122
66,080
2,434
share
13,959,681
596,010
March
at
16,863,908
20,166,814
15,451,938
■ over
the
forth
set
as
2,926,068
>
>
opera ting expenses*
income—
cons.—as
Atlantic
236,161
$120,777
79,085
>
banks.
to
:
tWithout giving effect to security transactions.
The net profit from
sales of securities for the first quarter of 1948 amounted to $150,495,
in; 1947 to $351,746 and in 1946 to $2,434,632.
267,159
1,622,232
1,808,545
cons/
El.
&
1r»11;1'1
•
$90,259
expenses
paid
tExcesai of /inc.
6,025,762
in-"
net
subs,
Gas
26,458,293
;
101,201
2,175
.
5,547
18,208
,
406,617
1,922,245
1,326,235
stocks..
com.
3,556
264,286
$95,369
22,145
bonds..
income—
Interest
-
stocks..:.
l_—
on
29,800
plant
;
pfd.
1
414,964'
414,133
1945"
1946
$45,977
$72,051
on
1
$110,465
10,312:
stocks—
on
earned
1947
1948'
Quar End. March 31—
11,429,706
9,342,724
2.425,491
come
21,564
6,700
$155,127
taxes
,
Dividends
13,245,492 i 12,149,458
1,030,723
603,125
Ainer.
26,170
5,558
2246.
p.
2,862,134
funded
elect,
Undistributed
5,578
4,987
9~176
"■"■■■■
.
MISCELLANEOUS
-
Operating
income
on
of
Balance
73,137
bds.
'"•
•.
a subsidiary which Is not retainable under the provisions of the Public
Utility Holding Company Act of 1935.
Beginning with the month of
April, 1947 this subsidiary has not been consolidated and this change
In
procedure has been made retroactive to Jan.
1, 1947.—V. 167,
1948—12 Mos.- -1947
17,767
on
Divs.
52,800
56,435
62,925
4,712
••■
INSURANCE
-
46,233
int.
Divs.
$240,210
1948
$238,933
taxes
income
'• T-
•
1,255,293
990,737
retired
investment)
loan—:
Federal
for
taxes..
chgd. to const.—Cr
Special charges for debt
EXPENSES
AND
debentures-
collateral trust 4%
orr
'
9,984,324 131,561,749 107,887,852
3,870,897
53,551,191
40,609,261
777,971 7 10,645,609^ 8,334,827
•
Int.
on
'
1
income
4(4%
10-year
on
"
*'
11,412
acquisition
INCOME
OF
(Excluding gain or loss
3 Months Ended March 31— 11; "* r'V
-
'
•
43,733
Amort,
Co.—Earnings—
STATEMENT
'
•
income
Other
Adams Express
••
*
(net)
Interest
$2.07
993,324 shares.—V. 167, p. 1689.
on
\
Mdse.
1,204,029
(993,324)—
■7
951,919
1,140,743
taxes
Gross
Net
Earnings per share
'
4,770,907
■
Operating income ___T
sales
&
jobbing
Mar. 31,'47
$14,914,592 $15,424,237 $12,884,322
3,314,706
3,619,462
3,1G8,496
income-——
on-
'
11,881,768
—
income
Federal
Other
Dec. 31/47
Mar. 31/48
__
.
* /
1948—Month—1947
revenues—
Depreciation ;>
INCOME ACCOUNT
Opcrating income
'
INDUSTRIAL
-
Maintenance.
,
,
COMPARATIVE
.
y
$
Operating
Operation
atrip products,, we believe 1943 will, set■ new records
1
Quarters Ended—
•
*v
Subsidiaries Consoi.: 1
should reach $60,000,000, > - .v *
.
:K
f * vj' ;v:
vl v 1
the completion of additional faci'.ities for increased production
? "
"
Period End. Mar. 31—
"With
of higher finished
lor our company.?
:
•■
American Gas' & ElectrlcCo.(& Subs.)—EarnitlgS-
/
I "Sales continue at a high level. Demand for our products shows no
sign of slackening, and In vifrw of the high level of general industrial
activity forecast for the coming months, our sales volume for the
year
'
PUBLIC UTILITY
-
April 29 said::
011
<*
•
Copy
a
Corporation and Investment News
'
Acme Steel Co.-—Sales at
*'
1
•
Price 75 Cents
Y., Monday, May 31, 1948
sold—not
banks,
in
delivered,
$1,019,549;
$676,945;
.
income
Net
♦
__•
___
_
The
$100,077
>
STATEMENT
OF
ASSETS
LIABILITIES
AND
f
Undistrib:
ASSETS—
1
.
Inc.
'
Mar. 31/48*
U.
Dec. 31,'47
$1,661,668
$2,796,045
.
S.
Govt.
obligations
,
Current
receivables
Invests,
(other
value
at
6,402,514
6,902,302
;
76,133 1
t
than
_w
value—
at
U.
—
S.
Govt,
80,555
obligations)'
of
Am.
From
From
Funded
accruals
debt—collateral
March
Net
and
$142,409
99,267
trust
4%
bonds,
non-callable
to 1,477,187
1948,
1,
assets
99,644
1
share
per
1,375,500
outstanding
&
Divs.
14,773,290
and
2T687
29,266
2,037,110
44,265
21,810,598
19,492,462
43,178
39,333
523,004
121,970
909,102
720,209
pfd.
40,627,558
>Jj|i5,346i.i; MiW.y
I-V;'1
1
Accrued expenser ahd ^ixesl $111,^
$37,945; capital stock, $767,563;
capital surplus, $25,119,517; net realized gain on investments, $807,645;
undistributed
net
income,
$30,632;
unrealized; . appreciation
(net),
$1,340,300; total, $28,215,346.—V. 166, p. 1469;
J
v
" 1 f\'f
745;
Total
72,345
taxes..
60,017
364,128
588,849
earn.
com.
*17873,025"
stock
60,017
1,771,524"
'
19;069,433
COMPARATIVE "STATEMENT OF
(Excluding
♦Deficit.
Quarter Ended
Dividend
March
gain
Alabama
•
From
unafilliated
From
non-controlled
affiliates
issuers
Gross
$3,669,551
revenue
Operating expenses
Prov. for deprec
Amortiz. of plant acqui.
income:
adjustments
•
General
1,282,272
19,193,641
3,736,300
3,514,905
48,766
—
&
48,766
•
585,193
713,107
585,193
3,417,712
—
excess.
3,186,679
New York
'
688,986
profitsV:taxe8^w£^-
3,793,045
v
4,322,183
income
Gross
Amortiz.
:
debt
of
and
prem.
Other
debt
disc.,
$926,647
269,837
New York
1.
$9,565,215 $10,192,130
243,862 *
5,088
expense—
deductions
3,058,739
60,552
60,051
50,855
40,896
=1
5,004
966-
3,909
Boston
2,923,708
V
income
Net
$664,251
stock—
pfd.
on
Balance
—V.
167,
$676,815'$6,395,068
105,000
y 1,260,000
1,391,829
$559,251
$571,815
$5,135,068
$5,775,645
Exchange
34
34
—-.35
35
35
35
36
36
Stock Exchange
Detroit Stock Exchange
Los Angeles Stock Exchange.
St. Louis Stock Exchange
37
37
38
39
39
San Francisco Stock Exchange
7 Allegheny Ludlum Steel Corp.—Initial Dividend—
The directors on
shares of
$4.50
able June
declared
May 21
initial dividend
an
dividend
A
■
the
of
40
paid on March
1947.
A
—v.
year-end
167,
cents
31,
share
per
last,
and
payment
2129.
p.
/
the
on
stock
common
of
each
in
80
of
cents
the
was
first
made
three
on
also
was
the
Dec.
22,
v
same
quarters
Montreal Curb Exchange..
Toronto Stock Exchange
i
Toronto Stock Exchange-r-Curb Section
,,"11
declared, payable June 30 to holders of record June 1. This is
as
107,383
Montreal Stock Exchange
cumulative preferred stock of 75 cents per share, pay¬
of record June 1. This payment will cover the
period from April 15, 1948 through June 15.
'
on
1
to holders
15
Interest
July 15,
on
July
the
1947,
15.
of
group
8
Over-the-Counter
Markets..
July
15.
1953
inclusive—V.
30%
167,
amended
American Bosch
on
July
1141.
p.
its
bank
credit
agreement
15
in
each
of
the
to
"l-vr1.1? 1
•
>
~
^
sales
tive
of
sales,
expenses,
selling,
administra-
etc.—
______
Depreciation
Fcov.
:
for
Federal
—V.
on
income.
..
per
i.
...
167,
p.
2129.
share...
taxes
6,469
35,375
;
5,000
5,000
Mar. 31/47 Mar. 31/46
$5,014,202 $2,730,993
'
T
7
3,100
,
$104,110
$107,357
3,251,588
71,732
197,000
53,974
54,901
Cr218,000
,
126,000
7:
$0.43
$213,800
.
ASSETS
$98,159
Mar. 31,'48
Government
obligations at current value
receivables
Investments
at
LIABILITIES
AIND
currept
Dec. 31/47
$1,086,637
S.
Current
$1,074.1*5
3,999,445
3,999,697
58,593 :.
1
(other than U. S. Govt, obligations)
13,607,055
$18,379,477 $18,753,272
Total
'
LIABILITIES—
Net
72,628
,
13,234,551
value
•
•
20,597
payables and accruals
assets applicable to 1,000,000
Current
'
45,741
outstanding
capital shares—
March
Dec.
31,
1948,
$18.35
per
18,358,880
share
18,707,532
31, 1947, $18.70 per share
$18,379,477 $18,753,272
Total
—V.
167, p. 541.
member
dent.—V.
Miscellaneous Features
,
11;
American Machine & Foundry Co.—New Vice-Pres.—
a
head of the company's patent department and
has been appointed a Vice-Presi¬
Hastings,
of the board of directors,
167,
p.
1917.
General Corporation & Investment News-Cover
Dividends Declared and Payable
Foreign Exchange Rates
1
St. Louis Listed and Unlisted Securities
...44
12
45
:
Reserve Banks
45
Condition Statement of Member Banks of
Federal ResejrYe System...45
iDr$357,696
$0.31- ^
OF
ASSETS—
U.
Edward d. Jones & Co.
Combined Condition Statement of Federal
„
4,620.428
STATEMENT
Cash
George S.
''
Louis 2, Missouri
Members
New York Stock
Louis Stock
a
■■
Exchange
.
.
Exchange
Chicago Bd. of Trade
New York Curb Exchange
/
1871
Established
300 North 4th St., St.
Chicago Stock Exch.
Nil
v.
income
30,530
.
3,334
15,721
(excl. gain or loss on inv.)
COMPARATIVE
24
.
The^ Course of Bank Clearings.
3,768,8^0
$297,983
—
common
33,429
4,062
loan
Federal
St.
Profit
Earned
taxes
Apr. 4-148
$4,335,606
..///■,
| State and City Bond Offerings
51
Redemption Calls and Sinking Fund Notices. .45
Corp.—Earnings—
Jan. 1 to— Cost
'C
dated
1951
years
Ill .r'.-T.®
"
Net
38,525
900
24
Stock and Bond Averages....
borrowed $15,000,000, evidenced by notes maturing
The company also borrowed $10,000,000 from a
April 15.
The 2 Ya% notes are payable 10%
on
and
1949.
banks on
1950, and
for
Net inc.
43
__24
Transactions New York Curb Exchange.
1947.
k;
company
bank
on
Provision
.•
April
$173,632
42
Transactions New York Stock Exchange
of
Allis-Chalmers Manufacturing Co.—Add! Bank Loans
On
$161,594
Machin¬
of America
General expenses
Taxes—other than income taxes
—34
Exchange..
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
;
1689.
p.
Stock
Stock
Cleveland
$7,167,474
105,000
.
Exchange
Chicago Stock Exchange.—
Cincinnati Stock Exchange.
;
Divids.
Curb
13
25
29
5,500
2,860
4,541
affiliates—
Allied
from
Total income
Page
9,002
3,328
.
-
$943,085
—
long-term
on
v';:-
Stock Exchange
(Stocks)
New York Stock Exchange; (Bonds)
Baltimore
<
Int.
non-controlled
Stock and Bond Quotations
13,286,492
304,630
.
taxes
Income
Fed.
From
ery Co.
■■■■■:■;
9,881
2,722
obligations
Govt,
S.
7,695
$154,944
U.
$3,251,302 $40,291,106 $35,087,583
334,000
11,425
^
;
■-
issuers
Compensation
1948—12 Mos.—1947
1,630,593
$140,711
.
5,151
1,890
unaffiliated
In This Issue
1
1946
$133,245
10,868
$140,451
issuers
unaffiliated
Interest
Power Co.—Earnings—
1948—Month—1947
'
1
1947
1948
31—
From
Period End. Mar. 31—
_
investment)
on
Other income:
2245.
p:
AND EXPENSES
INCOME
loss
or
income—cash;
From
167,
■
tax,
American International Corp.—Quarterly, Report—
16,750,690
$40,776,999 $42,714,588
*
iacbme
_
Bal.
41,097,036
—
for Federal
reserve
From
-V.
^'tf
lkABItJTLES-^Acd0unl^payablev
:1;
822,678
993,059
2,129,383
stock
:
561,906
80,817
un-
deducts..
income
814^220' 11.242,000
251,855
& exps.—net
misc.
on
16,259,815
V:
NOTE—American Gas & Electric Co. is currently proceeding with
its plan to divest itself of its investment in Atlantic
City Electric Co.,
1947—$27.82 pea- share.
31,
taxes
Int.
^^196,021
"1*3791 if'^306'
due
—
aplicable
u'V.capital shares
. -f-'*
'1 March 31, 1948—$27.50
Dec.
$50,173
contingencies
Elec._
dist. net inc. of subs.
Federal
payables
1,393,408 < .^,876,118*;1W8,.5861 1,345,000
consol._T
City EL
Scranton
Gen.
$40,776,997 $42,714,588
4,714,876
& El.:
subs.
Total income
Total
lor
Gas
*186,313'
596,010
Other income
32.935,687
32,636,683
——
LIABILITIES—
Current
income
Frdm Atlantic
;
,
Reserve
net
•
•
*
Cash
'129,697
~~
'
COMPARATIVE
Scranton
Associate
Phone
CEntral 7600
Bell Teletype
SL 593
2
:
1947
$4,421,720
56,520,
■>.*••
•
f>j9,013.i
Net
1
1946
i
1948
sales—Manufacturing
Mining-,.':
.
12 Months Ended March 31—,
^ '
;
$3,373,923
Quarter Ended March 31—
Net
sybsidlary)^
'/(Not" Including'foreign sales
;
Anchor Hocking Glass Corp.
(& Subs.)—•Earnings
American Machine & Metals, Inc.
■
■
$4,478,240
$2,636,091
3,467,531
2,547,058
54,521
'
50,001
Earn, per
404,225
137,727
Selling and advertising expenses—
administrative
....
has
been
including
Federal
made
income
?
Operating profit
Other income
■374,182
76,256
25,705
_
$136,091
#f405
$400,459
$289,405
11.5,915
,
.
39,680
deductions
Other
Federal
income
$416,374
61,518
163,000
$315,110
—.
118,000
•
'. Net profit
'
—
_.
share based
shares outstanding
—V.
$157,430
'
l__
350,000
on
per
-
accrue
Feb.
$0.23
$0.55
Bowling Barnes has been elected Vice-President in charge of
and development "as a step toward the broadening
and
Intensification of the company's research program in the^field of
Dr.
r
•
1
»
who assumes his new duties June
Barnes,
1
,
*
1 at the company's
the
167,
week
"
located
at
Quarter
Gross
-
%
^,
.
have
of
of
the
Ended
sales,
March
less
194$
31-
returns
allow.
&
the
on
1947
Provision
Other
$1,972,633
2,648,551
1,841,129
600,968
457,767
356,658
52,697
50,087
46,594
$35,926
"$271,750
23,658
for
61,613
income
systems.
conveyor
conveyor.--The
The^company.
rest
of
the
J
\
:are used
Net
income
Earned per
"LOSS.
••
$97,539
43,935
3,800
$265,448
share—
SHEET. ■ ■
•
Estimated refund
of
accounts
Deferred
and
miscellaneous
surrender
value
(less
reserve)
at life
2,3~54~333
to
commissions,
insurance
$200,000
beginning July
contingencies
stock
15,
Capital
surplus
Earned
surplus
no
since Jan.
1,
338,900
371,208
186,003
20%
is
"After
of
to
as
and
conveyors
miscellaneous
GIVING
EFFECT
•
9,
about
iron
3.948,
shares
1,000,000
of
of
the
the
Cost
Other
operating
3,778,615
The
'
-Operating profit
income
758,734
700,000 shs.
___
the
with
transaction
other
of
'•
working
debits
Net
Net
Total
Res, for Fed. inc. tax-
Selling
.1947
Net
and
admin,
operating
other
Total
Total
for
Net
-V.
2,511,778
$4,437,993
1,940,135
390,308
1,762,576
profit
affairs
in
"$227,097
"$173,459
$1,108,151
4,145
59,214
<
ry.
^
$422,307
"$172,314
55,000
$1,167,365
55,000
"$227,314
$941,315
SHEET
AS
-:•/ s'.;
.
,420,000..
$747,365
302,000
$639,315
Gross
$683,095
139,503
OF
MARCH
31,
63,505
notes
1946
$489,872
137,362
167,
2,771,950
491,635
553,699
,2,001,393
250.205
184,417
228,231
69,298
•Jan.
Net
1948,
of
-
for
depreciation
/Selling, administrative; ahd -geneyai'expenses-;-.-
payable,
$95,631;
Federal
income
tax
$376,424; other taxes (accrued), $60,231; prefeired stocK
par—declared value, $50 per share), $2,786,550; class A stock
par—declared value, $50 per share), $702,250; common stock
(no
(no
fpar
profit
Miscellaneous earnings,
income
In
1944,
Mr.
Net
has
been
Assistant
;
"Based
V.
v
y.
.on
sliares
J234,035
167, p. 841.
:y't.t
1948
in
.
.
:
v
.
f
.,
;
.'....
233,616
and
.
.
-.:vJ
-
.
Telegraph Co. — New YorkAlbany Coaxial Cable Placed in Service—
•
'
long distance telephone cable of the latest coaxial type was put
in service between New York City and
Albany, N. Y., on May 21, it
Is announced. Besides relieving the heavy long distance
telephone traftic along the New York-Albany route, the cable will be used to
carry
network -radio
Construction
programs.
?'*•,<; vv
of the 154-mile cable was a
~r
"
r
Joint project of the New
York Telephone Co.,
the New Jersey Bell Telephone Co., and the
Long Lines Department of the American Telephone & Telegraph Co.
Work was begun on the, undertaking in
June, 1947.—V. 167, p. 2246.
| Earnings
i i
•
to
—
—
earnings
Net
after Federal income
perhcommon share
C. G/ Frantz, president, reported
taxes
»—
(Anaconda Wire & Cable
*
3 Mos. Ended. March
♦Net
No.
income..
of
■
per
.
•_
common
'Earnings
Co.—Earnings—
31—
shares
share—
1948
had
Gradually
'
'
$1,833,469
843,962
$2.17
1946
$2,483,214
421.981
.
421,981
$5.88
$0.01
* After provision for depreciation/ interest' and
Federal i
~-V,. 167, p; 42. - , ' c> v -A- ■ ^
"■: -v
■*
$6,233
taxes.
which it acquired sub¬
and marekting properties..
from
the
engaged
company; was
primarily
in
refining.
oil,
diesel
oil
fuel
refineries
and
fuel
located
Wichita, Kansas,
at
oil... Company
Barnsdall
at
and
at
owned and
Okmulgee^
and
disposed of substantially all of Its bulk and service stations:
converted its oil refinery at Barnsdall, Okla., 'to th§
of microcrystallinc wax and at Sept. 1, 1946, such., con*
completed. > '
t/;.% ♦
At present the. company is engaged primarily "inr
refining crude .oif
at
Wichita, Kan.; in producing macrocrystalline Wax at Barnsdall,
Okla.; and in selling and distributing its products.
Version
-
$9,786,960
493,836
1947 ''
$7,152,220
263,178
it
$1.43 / ;■
$0.75
that working capital had/Jncrease<l
was
,
,v
1
-
•
■
..i—•-■,;
■■
♦
approximately $6,000,000, even though heavy expenditures have been
plant improvement and new product tooling.—V. 166, p. 2094.
"Exclusive
made for
^
(
CAPITALISATION; AT FEB; 29, 1948
,
--•
-
'
t>-'
.■
v
-
■
,
of
par)^__fc_:^/,
($1
13,519
shares held
in
,
,•
*
r.
Outstanjiingf
♦815,770 shs,
11,500,000 shs.
the
<if5
V
Authorized
■
.
(Coinmon/stock
treasury.
*
The "aggregate
book
value
at
Feb. ,29,
■*■1948," ofz^ all
assets of th»
charges), less all liabilities and re¬
equivalent to approximately • $4.54
per share on the shares then outstanding.
No additional shares have
"been issued by, the company subsequent to Feb. 29, 1948. "
;;'v//:
(other than deferred
totals $3,705,076 which
company
Argonaut Mining Co., Ltd., San Francisco, Calif.—To
Dissolve—
.k
serves,
4
company is dissoMng. • Its, two
properties, the Argonaut Mine at Jackson and the Empire and Pacific
V' '
1947
gas
three
1947.—
1 *' By/ action of^its stockholders, /this
■.
Co.
refining
manufacture
1948
Quarter Ended March 31—
Sales
Oil
oil
marketing petroleum products, both at wholesale and
principal products were gasoline, motor oils and lubricants;
and
$32,308
.
$0.14
Apex Electrical Mfg. Co.—Earnings—
•
""'A
latter's
and
Its
'
■'■:; // : Z;
/
%*
shares
Barnsdall
operated approximately 200 bulk
stations
and
500
service
stations.
Subsequently the company dis¬
mantled
the Okmulgee
refinery and constructed a new refinery at
Corpus Christi, Tex., which it sold in 1942.
By 1944 the company
24,000
:
of
the
inception,
oil
Okla.,
•
i
American Telephone &
its"
in
$83,238
$0.36
i.
"Earnings per common share
Comptroller
charge of the cost planning and statistical division,—y. 167, p. 1798.
J
of
operated
L.—
56.000
income taxes
for Federal
profit
all
kerosene,
'
1
Co.—/New Comptroller—
Jordan
subsidiary
crude
25,119
36,529
M.
September,
At
449
.$81,428
27,232
Appropriation to reserve for inventories.
Braund, formerly Assistant' Comptroller; has been Ap¬
pointed Comptroller, succeeding M. W. Field, deceased. John W. Jor¬
dan has been named Assistant Comptroller with added
responsibilities.
Since
;
,
$202,999
—
Interest
Provision
American Steel & Wire
$80,979
3,111
(net).
.
stantially
retail.
Total
were held by Phillips Petroleum Co. and there¬
not represent new; iinancing. Further detail?
Shortly thereafter Barnsdall Oil Co. distributed to its stockholders
substantially all of its voting stock in the company. On Jan. 5, 1940;
the company changed its name to Bareco Oil Co;V
V
130,177
.
$199.888
Operating
valuersl^per share), $91,627; surplus, $1,$61,867; total, $5,974,580.
Russetl
do
owned
LIABILITIES—Accounts
(acciued),
Kebbon, McCormick. & Co. and associ¬
HISTORY AND BUSINESS—Gompany was organized April 20, 1935",
in Delaware under the name of Barnsdall Refining *Corp., as a wholly
32.872
,
Offered—As mentioned in our
Oil Co.—Stock
May 19 publicly offered 162,435 shares of comstock ($1 par) at $8 per shdre. The shares offered
formerly
1,120,895
33,988
145,161
'
Mine at Plymouth, both on the Mother Lode in Amador County, Calif.,
for sale, separately or together, it is announced.
Bids received by
June 1, 1948 only will be considered by the management, which reserves
>
UNDERWRITING-^The
names
is
of "the principal underwriters and;tha
number of shares purchased by each
are
as
follows:
No. of Shs.
tare
right to reject any and all bids. ?..-•••• •-•v.-.- ••• •*
: * .•• ,.vm •■••'%'•
'■5; The mining claims, mineral rights, surface, buildings, equipment, and ;
,the
any
%Kebbon; rMcCormick 8s
Laurence
M.
Marks
&
-
Co
-S2J435
i
,
The?-Milwaukee /;
I Ames, Emerich & Qo., Inc.____
:
supplies on hand are for sale, subject only to any pending sales.—
•,
'
: s:: v Wagenseller 8t Durst, Inc.-,—'
.
%;•)-,
jt*j» *■ V-fV
r <
V:;•j-T:'./''
■"•■"
i
•
;
■' •"/■■•.■; ;■
X
32,500
;
,
'4V. 154, p. 241.
■
on
mon
$1,364,923
1,466,941
________—______
v-v-%%;••
follow:
$1,845,978
_
I
sales
Provision
Co., Inc.—Changes in Personnel—
1475.
p.
Bareco
ates
430,291
213,806
Mar. 27,'48 Mar. 29,'47
'
^,v-.• •;
'
-
in
166,
1,977,300
Inc.—Earnings—
through
sales
Cost
1
1,
'
■
line
fore
A. P. W. Products Co.,
receivable
154.
p.
issue of May 24
1918.
p.
has announced that additional funds to the extent
$2,000,000 necessary to finance an Improvement and,
wi,l be obtained through .issuance of debentures.
to
program,
H.
:
70,483
2,019
2,533,540
1
*
,.>.<>.■
$529,676
48,198 *
119,029
railway-
oper.
465,452
125,151
33,825
1918.
p.
company
V.
1945
,
railway
income.
from
ry.
115,302
Egger will be Vice-President and General Sales Manager;
Engelhard,
Vice-President in charge of advertising;
R. E.
Crippen
becomes Sales Manager of the grocery products division;
K. D. Smith, Manager of the animal feed division; Bernard Willingham, Manager of the Oven Ready Biscuit division; and Harry Loving,
Manager of the bakery products division.
'
'(
A new Ballard mill is now under construction in Louisville, Ky.—•
$118,496
36,650
'
654.750 , i
277,832 ;
:
146,987
income
George
1948
XL 3; Government securities, $4,700; ac¬
(net),
$297,022;
inventories, $350,571;
preferred stock retirement fund,
$204,374; contract deposits, $902;
Investments (net), $113,836; property and
equipment (alter deprecia¬
tion
reserve
of
$1,582,016), $4,530,257;
deferred
charges
(prepaid
Insurance, etc.), $14,246; total. $5,974,580.
c
and
$246,814
$603,839
income.
12,734
Morton, President.
307
339,817
railwayrailway
from
sNet
ASSETS-r-Cash, $458,672;
counts
$458,621
'2,996
149,825
1947
oper.
29,164
with the company's plans for expansion, this company, flour
the
southeast, have realigned their executive personnel
staff, according to an announcement made on May 29 by Rogers C. B.
RR.—Earnings—
from
38,851
39,239 *")
760,872
355»,228
railway—
railway—
$1,000,000
In
829
$399,635
$260,924
1946
$124,003
-■
67,464
"
•_
Ballard & Ballard
From Jan. 1—
—V.
rBALANCE
v
income;
oper.
—V.-166,
$457,791
.
160,000
income
on
1947
$158,705
•-
95,355
1—
Jan.
extension
37,195
1,383
taxes
12,993,183
86,794
■
3,519
1948
from
ry.
"Loss.
>'
1948
$200,610
railway
167,
15,406,639*
15,860,196
13,723,241
Ry.—Earnings-
»
from
The
of
1918
p.
Net
Net
■it
St. Andrews Bay
&
railway—_—
oper.
From
$2,005,952
1,424,170
84,317
90,936 '
,
2,057
profit
167,
Gross
42,649
"$264,871
-
3,152,822
Cr429,241 Crl,007,327 Crl,204,393
(h. S.) Ay res & Co.—To Issue Debentures—
1,335,310 %
$396,115
expenses
Federal
Ann Arbor
$898,666
17,226
-
3,842,162
1
from
Net
con¬
1945
$1,906,680
$420,249
_
income
1,599,137
„
Net profit
3.270,730
2,632,578
from
Net
-
1946
'V
100,556
expenses
income
other
1948—12 Mos—1947
$5,382,505
"$209,871
123,207,166 102,523,754
4,565,597; J19,917,806k; 19,205,082
t
Cr36,332
2130.
p.
April—
Gross
—V.
96,617
expenses
General
$9,154,143
421,001
-
26,900,638
4.600,026
income-
oper.
ry.
167,
Atlanta
,
-
2,086,039
net
'; 1948—4 Mos.—1947 ' ■
$ "■/;/•' ■ $;•".
.1..
34,879,156.157,977.941,135,931,082.
credits
or
income
—V.
CALENDAR YEARS
$2,703,463
a
■.../••.'■
•
33,229,297
Other
.
'
*
'
;
'
r
sales, less returns and allow.
.
Gross
Net
t;
$ •
Railway oper. expensesRailway tax accruals-
stock
capitaS
changing and increasing the
the resolution declaring the
stock ($1 par) became
1948.
a
business
reflected''
J948-~Month—1947
'
and
ordinary
capital.
*.
;
41,003,221
common
its
subsidiaries
-
Period End. Apr. 30—
from
V;
2,508,747
591,004
-
"
550,000 shs,
ry.
758.734
3,185,662
$661,752
447,904
________
■'
Net
in
.
anticipates, that incoming business will approximate
the year, E. M. Morris, Chairman,, stated.—V. 167,"
for
1358. -
p.
Net
used
common
stock,
additional shares on
(Incl. Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.)
,v
April—
Other
consolidated ^ insurance
company
$600,000,000
FINANCING
authorized
value
par
no
of ,200,000
surplus increase of $43,349, and the. Durham Manufacturing Corp., a
whoily-owncd subsidiary, a net profit Of $84,504 for the period.
•; ;
3,778,615
1948—3 Mos.—1947
costs—
for
.
Gross
Co.—Earnings, Etc.—
of salesiJL-——.
'
-
NOTE—7The
amendment
company,
INCOME STATEMENT FOR
760,000
par value)
$784,908
stocK
common
1947, and the sale
J v.; 'A f.• * ■ r/1
25,
; / ;681,695(
.,' ♦$0.65>;
-
substitution
two-for*one
'
V.
(net)
Aug.
the
$1.22
r
—,
to
/L.
The/hieavy -voUimo!4h%ther first quarter of 1948 resulted' In' recelv^
outstanding being Increased from $163,290,706 on Dec. 31, 1947,
to $l8Q.382.950 on ' March 31, -1948.
}
Outstanding
company's
...
retroactively
Railway oper. revenues-
the
1948
> 1947
—$148,993,177 $80,884,703
Atchison, Topeka & Santa Fe Ry.—Earnings—
Authorized
450,000 sharqs of.
outstanding on March 9,
Total
American Service
value
par
'
ables
♦
PRESENT
TO
,
Inc.—V{" 166,'p. 1574.
Subs.)-^Earnings-
•
cus¬
work.
•
proposal to change the pame
attributable
is
10%
$10
effective
automobiles
well, diversified
giving /effect
Oct, 14,'-1547. •'
The major
.
of
vote June 16 on a
Earnings per common.share_„-_w_
')
oi" industries.
will
Quarter Ended March 31—
volume of receivables acquired
PROCEEDS—Company will receive none of the proeeeds
from the sale of the 20,000 . shares owned by, Frank J.
junction
1465.
Period End. March 31—
608,609
$2,419,123
1918.
p.
Gross
the
of
Cost of sales
I
608,609
-
Net!earaings/aftcr/charges-and taxbSi__-i—-L'/4 1/270,825
and
conceived
is
manufacturers
par)——
capital
Prov.
Sales
period—
Associates Investment €0. (&
proceeds to be received by the company will be confined to the
offering of 100,000 shares froijt its unissued common stock and will
68,144
$10,201,555
—V. 167, p.
stocks for
..
Total
$3,027,732"
26,000
this corporation to Artloom Carpet Co.;
millers
-l
$3,135,758
earned surplus—_____
■
($.125,000
1951)
1937
167,
be
fi
!
—
$3,053,73a
$2,527,149
The stockholders
The
125,000
(221,062 shares of
to
applic. to preferred
'
of
OF
resulting
company
annually
$1
result
a
were
$630,000
424,362
etc.—
592,?04;
',
$3,135,758.
Ariloom Corp.—Plans to Change Name—
.
Shude.
46,468
taxes
payable
for
By
operation
in many types
dividend,
USE
$9,154 ,143
:J
_
and
53,388
.48,588
;
„
payrolls,
Accrued
diie
-V.
capital as above stated.
By resolution of the board of
adopted March 3, 1948, a stock dividend in the amount of
declared payable to the holders on the effective date
amendment
changing, and increasing its authorized capital
As
stock
185,924
;
482,974
Accrued
Reserve
185,000
66,733
#<.
.
(current)..*...,
and
March
.
authorized
3,639,888
2,569,696
$10,201,555
,___
_—
■■■■"T
T.TA■RIT.TTnTS
'LIABILITIES—
Notes payable
Common
-
,
was
the
stock.
1,425,727
4,160,567
2,697,409
^
insurance
Accounts- payable
Notes
of
800,000
__
assets..—
—A
Total
■
to
$109,000
prior year Federal taxes—
receivables
Z $283/584
-
authorized
31,'48 Mar. 31,'47
$688,926
$433,051
Inventories, estimated (per books)
;
Land, bldgs., machy. & equip, (less deprec. res.)
Estimated refund of prior years' Federal taxes
.
Nil
31
Mar.
.
•i.68,545'- 1,257,754
———
&309,033
Balance1—-
consisted
of
40,000
of
common
stock
($10
par>,
of which
34,100 shares were outstanding. By amendment effective on the latter
date, the company changed and increased its authorized capital to
"$265,452
MARCH
:.Cafih-'%.^-.-^^^
Cash
$49,803
$0.22
i
$1.20
'
"
involves
steel
stock
Prior
,
directors
■
90%
CAPITALIZATION
15,595
163,000
CONSOLIDATED BALANCE
Customer
business
structural
to
"$249,856
taxes
-
common
•the
'
ASSETS—
7,
.-•//
regularly
-
26,029
for Federal income
taking
one
no
Common
$454,477
prov.
Divids.
Detroit
Avenue,
,
21,893
depreciation
Deductions
Est.
Bellevue
company's output. How¬
ever,
customers
for
conveyers
represent
the
following
industries:
Automotive—70%, foundry—5%, heat-treat—5%, electrical manufacture
—5%, rubber—5%, food—5-%, furniture and refrigeration^-5%.
Of
1946
$3,192,333
expenses
$3,945,996
company
of the company's sales is to
trucks.
The company's business
tomers,
3,217,312
Selling and administrative
;ji:;24,259*"
•
$352,129 /$4,393,512
111,967
<
-/
transferred
Balance
gradually been
mechanical
Conveyor systems
and
$4,301,795
sales__
of
<■>■:■::
■•
$3,921,7.^7
$4,380,342
:'928/'V' f 13.17Q,.
.//
.
$421,000
.<
/ W^OOOl
343,917/ /
.
.
$351,201
Misecllaneous reservations of net income—'
incorporated in Michigan,
was
2563
►■,■;■•:'
Net: income
28,75o"
;
■»
■
—
.
$379j95i//$4,724259^ / $4,240,737/;
.
.
$420,584
deductions
other
:y- ''
&
i
—_
jlnetL.--^
income
Gross
Int.
28,000
,
link
4esigned. by
■-
$430,819
Cost
Other Income
,
.
;
.carried
American Seating, Co. (& Subs.)—Earnings--
%'
.
.
Mich,
-
revs.__
of plant
lease
_____——_
Operating income
(par',$!)' at $2.50, p6r v
Detroit,
portion
,
31,
type
chains.
All other
parts entering
into a
conveyor
excepting standard items such as speed reducers and motors,
are
designed and engineered specially for particular jobs.
In actual
practice a customer designates where an assembly line or carrier
system is to be located, and gives information .as to what is to -be
ended
2246.
p.
;; (net)
the. proceeds of 100,000 will
Cq.,
$1,534,402 $19,841,126 $16,093,472
79i;731
10,399,760
8,691,956
$448,584 /'
operating
for
Rent
system,
May 20, 1948 the System input of subsidiaries
of this company amounted to 226,781,000 kwh., an increase of 22,330,000
kwh., or 10.92%, over the corresponding week of last year.—
V.
Trust
operations
but
erection
such
'2129.
American Power ■& Light Co.^—Weekly Input-*For
March
virtue .of these
systems, products of manufacture are moved from one operation to
another
on
assembly lines of large scale production;
Loading and
unloading
installations
are
numerous.
Comieyor
system have
for
many years farmed the backbone *of ' the mass production industries.
The conveyor belts, in the trade known as chains, used in such sys¬
tems/Are purchased/from ^anufacturers/who/specialize;^,in.vihaking'~;
home
headquarters,
Southbridge, Mass., has been associated with
governmental research undertakings, including the Manhattan Project
for Atomic
Research as well as naval optical ordnance prbblems.-^
V, 167, p.
;>
Provision ^
taxes.
ended
Net
otfier
all
<
1948^-Month—1947 •
154,189
.T>904,6b7f.' "1,642,845-/
// 122,755 %y iv43L975S; l;l53,604iv
/ -110,829 l/;; ^ 85t776/ .. 1,380,525 >
964,330 '
$3,049,741^ Deprec;:,reserve.approp.
/,; $3.87^:^
v
established by the Revenue Act
V"- f-,f
stock
common
Offices
business
locality,
and
.
-
,
income
months
12
$1,757,743
___
;■?
^
Dr. R.
1
rates
the
revenues
;, /",
Co.r^Earning&—
' i948r-Month^--1947,.
■
are
not confined to any
expanding and now encompass
most of the major, industrial centers ,of the country.
/
v; %
?
The company is engaged in the designing, manufacture, fabrication
American Optical Co.—New Vice-President—
visual sciences."
for
,
The
one
■
*
Canadian
1;
^
$4;728,003
•■^*$6.21
depreciation "and
,
for
■»■■■■
,$2.63
c
AND BUSINESS—Company
1933.
28,
Mich.
166, P. 2657.
research
the
•
agent—Detroit
HISTORY
$79,088
-
$0.45
and
taxes
4*
Operating
■
31,000
$191,856
made
Of the shares1 offered,^■■
to the company; ?
Transfer
Profit
;
1
■
.
End/Mar? 31—
885,914
w*;'.. Operating expenses
Federal taxes-^, ^-480i297
■
Other- taxes i
4..^—;
,
132,119^
^
%
Anchor SteeJ & Conveyor Co., DetroiirrStock Offered
G, McDonald & Co., Detroit^ob May/20 offered ^;
share.
$140,496
30,403
for
120,000 shares of
i
—1—/
income
been
1948, in- accordance with
Of 1945.—V. 167,:.p. 1582.
$586,529
107,323
expenses
charges,
•
: Total
!—
$2,165,131^
share after pfd. dlv,
com.
NOTE—Deduction
;
2,011,908
,37,(554
$960,708
452,926
$831,357
&
■■
■
.
has
General
•
''Net.;:profit%±.»,——£■
;
*/
!'• v/:-Manufacturing
(incl. deprec.) —
Mining (incl. depreciation)
'
/ ■ v- -■■
' A
and excess profit ^taxes^ii;3l^302,^^042 ;~3,15^698
/f pome
Arkansas Power & Light
a
/ Period
'"1946
$7,666,904
profit from operations
W-&
income/and Canadian-'in.*;) >
Federal
$2,596,151
39,940
Monday, May 31, 1948
(& Subs.)—Earnings—
: 1948
' ' 1947 "
$3,527,173/ $7,882,701
,
$3,432,936
Cost of sales—,.
.
COMMERCIAL, & FINANCIAL CHRONICLE
THE
(2358)
-32,500 '
>
•
22,500
22,500
'II11 III,
Number 4703
.11
I,
III I
THE COMMERCIAL & FINANCIAL CHRONICLE
i,.^imiI).ii«ib
'•* "V"-1"'
1W'
comparative income statement
"
*
.
-A'iw
£
1
'
'
a"'ll
-,V'
■*'%
Gross
operating
2 Mos.
v
charges *
income
12,582,9ij4
$492,282
«
•
9,80?,891,
t
Income
before
Interest
Prov,
k
-.■■■■.
deduct.
$492,486
$1,833,120
180,314
654,068
.$966,596
;
—V.
profit
167,
$312,152
^ jh;
$554,699
$1,179,052
224(5.
p.
330,462
73,153
-(;■1
,;i
,x-
Net
13,388
^..
$466,167
'
cents
May
on
:
,
26
took
action
no
the
on
was-made
March
on
dividend
'
r-.v,,
The rCC on May 21 approved the
acquisition by the New York
Central RR. of control, through
ownership of stock, of the Beech
Creek
RR.
'
*
last,
while
in
1947
the
for
summer
shaft
The
N.
remainder
6Ce^ral
y.
controlled
of
Beech
has acquired
all
stock
is
owns
In
the mortgage
bonds of
property.
The
(he
ol
protect
the
dividend
lease under
Central
50
to
cents
whicn
lessor .irom
N.
Y.
Beech
pay
share
per
taxes
of
developments."-^. 167, p. 2026.
N
Y.
nrmde
the
on
'
•
vmm
VQroS
against
outstanding,
r
it
on
account
of
Federal
such
-
50 oon
-the
su,bse^uent
IhaSi?
•
accrued
tA
actiusfment^-V
v.
dividend
Benjamin
record date for the
adjustment,
Franklin
Hotel
Co.,
Pay $5 Dividend—
1
the^utstffndinl
)InP
De?
in
Prop,
15
ip,
.
iJi-V ii
roe,
'
i.
i!
^20/.
n
v.
p.
,
trustees
of
other
'
SEC
by
'
inc.__
on
'
-
&
Npt
.......
income
Gross
int.
2,687,306
125,000
1,500,000
;U,.
for
Net
&
$466,824
457
Co.,
$529,623
charges.-
income
157,246
;
"
1,500,000
$5,562,730
~
.
780,440
780,440
$2,995,668
,
;
-
Balance—-
common
'offered
Plan—
to
(no
to
are
common
and*
common
the
snares
Bonds
Proceeds will
Underwriters
placed privately.:
stockholders through
preferred
be
construction
a
p. 2253.
-U
•:
Tne
'
are
common
stock
and
-
of
company's
set a date for
the
trustees
of
the
estate will next be
submitted to
if the plan is upheld, the board
will
special stockholders' meeting at which a vote on
the
directors
a
reorganization will
be
April-r
Gross from railway——
Net *rora railway———
and,
taken.
Nec
-
.
be
t
M>
Borg-Warner
_
_
_
..
consists
of
buildings
Decatur
Decatur,
111.
for
approximately
its
Plant
lo5,000
? land two miles south of the center of
to
the
which
Borg-Warner
also
include
has
taken
additional
No.
3
which
feet
Decatur,
an
option
a
111.
In
this
on
expansion
and
the
Fynort
export
that
activities
Manager
of
the
Hoover
automotive
products
and
company,
of Borg-Warner
International
of
Corp.
the
will
Bids
handle
Hoover
Ball
J.
W.
DeLind,
President,
Jr.,
O,
became
Mansfield
and
be
that
member
Joseph
Everett
H.
Lane
has
In
the
board
of
been
directors.—
SEC
v«
...
.
,t
TThe
and
:■
comnanv
Liffht
rerpntlv
Co
sold
;*
T
Bonds
Plarnd
^
Gross
:Net
Net
from
from
nrivatpiv
ry.
railway—$390,948'
oper.
From Jan.
income—
Net ry.
oper.
'j
$321,166
*18,642
*89,774
300,146
income
*beficit.^V.
,
.
167, P
181,643
*73,426
78,839
1919."
'■ -./i
factory
...
,
•
certificates,
1963,
will
be
Vo.'-ja
LO.JO
in
a.m.
be
will
used
purchase
^
^
^
.
*29,511
83,736
119,175
30,115
"
'X55'441
^
be
to
determined
finance
by
company's
May
May
,
nnrt'
^
W
.
'
1
We
years.
figures to reflect today's further increased
that/barring a sharpf'change in conditions, the
will be
considerably larger
and
the, needed
our
appears
outlays
this
year,
t
'•
■
■->
-
;
355012
The
mS ot tecc'vaWcs
purchases
of
.......
1947
1946
'
'
'
'
'
.
.
•
31,
1948,
'
99,389,679
50,786,032
on
of
This
-
St., New York, up eto
$2,500,000 first mortgage
^v
199 295 000
"
'
*
203 456 000
sio.mooo
''"sihoo
202412,000
9 4
6 0
-•
p-3*
°
directors
on
May
share
on
the
per
declared the quarterly
stock, payable July
25
capital
iri
.
•
compared
$366,749,638
a
$618,369,440
were
ago.—V.
year
•
-
167,
-
dividend
1
to
of
six
holders
315,479
1585.
barrels
of
P- 94°-
w
^
_
Corp.—Weekly Output—
weekly kilowatt-hcur output of electric energy of subsidiaries of
th5s corporation adjusted
to
show
general business
20,
co^rcO with m1.369,J24.for
Powa? So a^exSed ("or both triads
1948,
conditions
amounted
to
terri-
'thateScompa®yUtwaSCsaerve;S
as
M.1948-V. 167,
of
310,399,397>
P. 2254.
"
Connecticut General Life Insurance
Co.—Buys Site—
S
Silas
Deane Highway in Wethersfield,
Cpnn,. The location, wihch can '
be reached from the Home Office in less than 10 minutes over the
new highway, has been acquired, Mr. Wilde said, as a site for a printing.-iplant and supply^ building containing approximately 30,000
square
feet of space.—V. 167, p. 544.
f
i,r.
*
\
,
^
..
^
,
•
,
stock
/f
■-i..-,
■
_
,
.
....
.
_
e
'
«T
"
.
r\
.t
a"1,
Consolidated Edison Co. of New York, Inc.—Output—
The company on'May 26 announced that System output of electricity
generated and purchased) for the week ended May 23,
1948,
amouoted to,199,000,000-kwh., compared with 192,000,000 kwh., for the
.corresponding week of 1947, an increase of 3.6%.
Local distribution
of electricity amounted to 189,400,000 kwh.. compared with 183,000,000
,
kwh.-for the corresponding week of last
2255.
.
.
...
•
•
?
year,
•
increase of 3.5%
an
•••
...
•'
,r,..
the
four
"
weeks
:
.
ended
March
1,
1948.—V.
167,
I'
Consolidated
i/OnSOliaaiCo Vultee Aircraft Corp-RiehtsV.U *
a
rp.
which
for
.
; *
"
v
(electricity
V. 167, P.
operates petroleum concessions ip western
Venezuelf, southwest: of Lake-. Maracaibo, announces that its production
for the five weeks ended
May 3, 1948 amounted to 399,639 barrels,-as
against 817.822 barrels for the fpur weeks ended March
29, 1948 and
p.
I
n
cents was Paid--V- 16?.
"sibis
corporation
the :5.^
company,
'
'52
199 969 000
000
the
% Inc
w°ld h" a! ^aAhi9^' tiTJnH ^tribution was made on April 1
ill !«
I
o'dn
while on Dec, 24,
20,666,673
Cleveland Graphite Bronze Co.—40-Cent Dividend—.
the common
week
58,150,337
the
r
week
of
CoIon Development Co., Ltd—Production-
Invitation for
-
209 672 000
system on May
210,938,603
outstanding of
with
the
.
t
.
^
for
«
786004 226 570 148 453 307024080
autos.—„
associated
corresponding
1947
218 684 000
215*586
■
tory served for the- week ended May
1Q46
1947
"
the
over
1948
CZTTZ;
The
1Q4R
19$48
...
.
increase
Ended
8
cents
19'declared a dividend of 40 cents per share
and the regular
quarterly dividend of $1.25 per
preferred stock, both payable June 11 to holders ofrecord June 1. The present common stock received 40 cents per share
on March 11, last; and. in 1947 the following amounts: March
13.
37 Vi-cents; June 13 and Sept. 11, 40 cents each; and Dec.
U, a yearend of $1.32%:.—V. 167, p. 1584.
178 752
5.2%
a
and
Commonwealth Investment Co.—6-Cent
Distribution—
The directors on-May
on
962097
100 159
showed
-
2130.
share
299,793
22
Commonwealth & Southern
^
■
May
output of the Commonv/ealth Edison Co.
excluding sales to other electric utilities,
'
-a
competitive- bidding.
Proconstruction
program.—
'■
The "common .stockholders of record on May 28 have been
offered
the right to subscribe on or before June 14, 1948, at $9 per share for
additional
common
stock
lor
each
has
become effective.—V.
share
held.
of
$1
par
Registration
value
under
167, p. 2255.
to
the
the
extent
Securities
of
one
Act
of
shfa-e
1SB3
\
Commercial and FinanciarChronicle
(Reg. U. Sv l^tept 'Officel/WiUiani
B.' Dana Company,
Dana
Seibert
Publishers,. 25 F«rk Place, New York 8, N.' %, REctof^ 2-9570.
President; William D,
Herbert I>-Seibert, Editor and
Riggs, Business Manager.
Publisher:.
Published twice aiweek-.tevery Thursday-(general aews
Offices: 135 S. La Salle St.,
and
adveatlsing issue) with -a statistitel issue on
Cmcago 3. DL (Telephone State
Monday].
Other
0613)5 1 Drapers' Gardens, London,
as secondrclass
matter February
E. C., England, c/o Edwards & Smith.'-25, 1942, at the-post office at New
Copyright 1948 by William B. Dana Company.
Reentered
-York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U- S. Possessions, Territories and Members
|35.00 per year; ip Dominion of Canada, $38 AO per year. Other Countries,$42.00
of Panper yea^
NOTE: On account' of the
;
.ftuctuations In the rates of
exchange, remittance for foreign: subscriptions and advertisements must be made in New York
funds.
.
A^ttic^p .Union.
>
■
,
planning
revised
WHliam
-
full
network
»
981,903
Mav 22
"
^
or/®S«oVrUT DePa^tment). 16 WallI
(EDT), June
for
149.714
^
receivables
""O.h
'
;
25,954
^
2,
•
/>'
WeeKly Uutput—
1
Week
2130.
p.
^
;i' -■■■■•■"
115,253
71,439
.
bonds.—V. 167, p. 2130.
the
year
ago.
Following are the kilowatthour output' totals
past four weeks and percentage comparisons with 1947:
.f':r
used
May: 21 filed a registration statement with the
$15,000,000 first mortgage bonds, due 1978. The names
'
...
'■
written bids will be received by ...
the company at Bankers
Trust
v
*»
a
$5,733,220.—
u
sealed
'it
VTooL-Tii
ended
will
company,
.
*'Total
$278821
70,375"
.
California Electric Power Co.-Public
Bids for Purchase Of Bonds—
<
give
now
necessary
would enable the
company
to
go
1948 without obtaining new capital, it is
probable that a
of the funds required in 1949 and
subsequent years will be
'companies,
''^saso
'
...,
y
•
in
the
now
EJectricitj.
cn
stated.
'
p.
'K'
'
•
raiSted
AsWpH—
ASKea
-
1945
$249 429^-7
;
director.—v. 167,
a
1973.
1946
1—. ;v
1,294,987
1,187,539
1,039,801
Gross frqm;railway—
Net from railway—
will
expenditures
President of the American Bankers Association
The Detroit Bank, the oldest bank in
Michigan, has
Retail automobile financing———
«9 9<=;n nnn
1947
124,317
62,191
caiN
also
Dodge,
underwriters
wiU
chaseij
'
ait.
1948
rahway—_
RR —Rids
itli.
mas
of
PiSSg ToV^SSrS" wiiSSi
RR —Earning—.ejcurlings
i
;
future
-
1,
■
.on
Burlington-Rock Island
s
ivuiMswim
April—
,
near
2026,
C. I. T. Financial Corp.—Earnings—
Privn+Alv
'"
-
the
.7
30 '° h°'dm 01
.
refunding mortgage 3 y4% bonds series A due
i'.~
Commission,
subject
portion
due
Quarter Ended March 31
j-Proceeds were used to redeem
$768,000 outstanding
bonds, discharge
$4j30,000 notes and defray costs of
additions, etc.—V, 167, p. 1254.
,
,
our
Through
11:30
been
_
Gas
M.
covering
the
u
ViT07Prfr2r0e'.d6StOC't' PayaWe JUne
1C7, p. 2026.
U
16.-V.
.
.
advantageous terms,
-Because of the relatively large percent of the
company's capitalization
represented by common stock, it is likely that the
first portion of
the new funds required will be obtained
through the sale of mortgage
-bonds. Although the'strong cash
position built up in anticipation of
Tccha
purchase
company
ceeds
has
Bridgeport
Parifir
racuic
v. 167, p. 939.
redemption on June 30, next, 620
chI acco"nt.°.f the sllJki"8
Mom
®nd divWends at the
wMii'hi
ifim Vnrl TniJrn i^ft Ln Jiov
mowlun"
Xr
&
^
of
record June
,
Issue
to
President of
The
—
nf1????/ 3aS ,ca.lled
Ltd.,
'TTu*
(i>bw capital may well be as much as $175,000,000 over the
period. In
the. face of these large requirements for construction
funds, it is
reassuring that the completion of our financial
reorganization, which
greatly improved and. strengthened our capital
structure, will make
it possible for us to undertake this
financing on
•
"
Cincinnati Gas & Electric Co.—Registers With SEC—
1945
Edward
Bridgeport Brass Co.—Partial
Redemption—
v'
i?R
RK. _Fmiir»
Equip.
1948,
up
been elected
Promotion
to succeed the late
of
V. 167, p. 1919.
fu£d
the
i,
received
and
,
Secretary^ and Treasurer
was
a
Foundation,
presently held by Mott Q. Brunton,
and himself
,
B
minority interest of 45% of the KQW corpoabove
purchase,
which is
subject
to
approval by
Mav 15
2130.
announces
made
for
dated. July
President
appointed Executive Vice-President
by the board of directors.
Lane
Agricultural
station
or*
I construction
•
."a
Chrysler Corp., Detroit, Mich.-New Director167, p.
Boston Mutual Life Insurance Co.
Jay R. Benton,
Pacific
a
Said I
have
,
—„
Mr.
*407,874
(
of
4.590,000
equipment
trust
semi-annually Jan. 1, 1949-July
a.m.
iCDT)
June
10, at office
Room 1136. La Salle Street Station,
Chicago.
Proceeds
in connection with the purchase of
equipment to cost
V* 167, p. 2130.
&
Corp.
United States and Canada.—V.
.-■■■■.-
,
Bearing Co., Ann Arbor, Mich., pioneer
manufacturer of steel balls and
ball.and roller bearings, as well as tie rods and
drag links.
The agreement was announced
by Frank H. Lennox, General Sales
'
Xr
CViieacA Unelr TdinJ
unicago KOCK lSiana
-■
Borg-Warner International
for
*421,420 ^
f
company is reporred in market for the sale in
$2,460,000 equipment trust certificates.—V.
167, p.
0f
.
269,728/1::,Costs. It
rn„
niivinic
Chicago & Eastern Illinois
Acrppinpnt—
Export Agreement—
announced
1
The
modernization
program involving several products."
is
»*13,5.60
/not \
al-
the
from" railway——
-the
Mr.
It
2,753,185
land.
pavjs said, It cannot be determined at this time as to the
product to be manufactured in this additional
capacity. Its acquisition
a
part of the over-all Borg-Warner
•
457,903
23,599
*90,271
'
2,515,006
,ate(j
js
lvfovr,
l\ew
■
,
t>y F. H. Ludington, President, who said the new plant,
formerly operby Southern California Bag Co., brings the total number of
Chase manufacturing branches to 15.—V.
157, p. 128.
'
*
and
.
,that
t^nase rsag t^o. (uei.j
Acquires i-aiiiornia fiani
This company has acquired a modern
bag factory and all its manufacturig facilities in Los Angeles, Calif., it was announced on
May 5
Plant
square
addition
-
3,095,603'
W'if!
x
lease,
C
3,237.000
1
181,090
88,460
to
constant
review
and modification
as
conditions
annual report for 1947, the stockholders
were informed
plans would involve an estimated expenditure of
$300,000,000
in
the years
1948 through
1951.
They were told also that
about
'$100,000,000 of new financing would be required in due course. Since
completing the annual report, we have carried our estimates
through
ri952, and have added some new projects for the earlier
$639,163
11,078
*44,838
*146,266
;
execution of
property
will
from
of
Communications
Throughout
1945
93,431
i
(111 )
on,"3?y p1 a""°"nce.(i
Co
of
totaling
1—
-
Brunton
the
is
1946
$585,347
*12,351
58,384
railway
railway
540,293
and opening stages of our postwar con.struction
program,
the need for flexibility has beenf uppermost
in
our
minds. The program as described to stockholders
from time to
*
*94jL
511,195,
-Net ry; oper. incbme--fe ll '*
v
i«7
looot
.
with
Jan.
75!332
_
in
owns
^
^
-
$714,713
173,319
from
al„c.
Corp.—Leases
j.
.
uwl8' Mueller
f*e-n
the
i
Net
332,663
82,657
116,703
^change. In the
1948
$868,000
income—
oper.
From
Gross
Henry Schmidt, Executive
Vice-President, has been e'ected President
to succeed the late Ernest Haberle.
William J. Kent; Jr., a Brooklyn,
N. Y.,
attorney, has been elected a director in p.ace of Mr. Haberle.
•—V. 167, p. 150.
VH/:,/
lease
ry.
250,651
204,868
on
ana
20,906
Broadcasting System, Inc.-—"Acquisition-—
now
Mav ,ok
.
..
(
Npw Prpsidpnt
Npw
KCW ricwucn^ew DirPctor
uuaiui
378,293
•
82,054
mg Increased to
Y. Freeman,
&
will
■
Proposals
27,971
620,927
Commonwealth Edison Co—Estimates of New Finanrbommonweaith MlSOn LO.—itStimates ol i\ ew Hnanc$175,000,000 from $100,000,000—Charles
Chairman, at the annual meeting held on
.
repair of flood
Famine
*
^
Defmit.-v. 167, p, 1920.
^
number
Coffin
common
program
.
ki;
Vermnnt Hv
undetermined
an
of
The
*vu> avo
IS®$ "3$?
9,Q7oVv
X*a
,
subscription rights and to
through subscription privileges.
stockholders
for
used
damages—V. 167,
V
rVntrat
par).
be
ioa<%
MflQQa
!
Ne?nry;
Central Vermont Public Service Corp.—To Offer Stk.
The company presently has in registration witn the brio an issue oc
$1,500,000 series E first mortgage bonds and
45,826
Brunton, President
Federal
Net
~V' l67' P"213°*
u.
aok
1
ioaa
,n,^
„
$3,776,108
for the period
«
iqat
'
'v—;.
-
.
$3,777,661
$2,997,221
Divids. applic. to preferred stock
•
<
-fcvvi
in
i'
Columbus & Greenville
Ry.—Earnings—
April—
'
1948
7
1947
.
1946
1945Gross from railway
$162,161
$123,048
—143,904 % $118,417
Net fa>m
railway.^— ^
35,624 ?(
^ *2,202
-'^' 23,873 't1'?
2,864
~Net ry. oper. income—
45,428
*10,845
,
15,713 — *2,469
'
From Jan. 1— — 1
^
Gross from railway—640,301
600,648
560,360 r.
589,538
1859 944
•
,
867,694
„
and
n
73)322
1 693,498
294
pSoir
868,216,
ownership of the northern California outlet.
y
The sale, Mr. Brunton said, will include the Brunton interests in
.both the KQW-AM and FM operations.
The KQW-FM station has
been on the air since February of this year. ,y '
$ c
'
■
An application by the Columbia Broadcasting Systenf for a television
channel in the San Francisco Bay area is
pending.—V. 167, p. 2027.
$5,636,052
■.
??i
l
JSJ'IS
72,996
.
*
..
majority
Dorothy M.
-the
$5,471,159
$331,007
-
—
1?4 54?
SblS^sS^^e^^
interest
77 322
139 373
$372,377
'
L—
235,881
5 089 918
Sfn'SiJ
130,324
iqa»
,
Ralph
2,332,908
25 352
$470,380-
*44,857
3 429 210
'«35630
-
(irq «o
' S
income—I
oper.
«
25)352
3)556
*43,240'
465,930
167, p. 1920.
-
.
$5,445,807
3 556
457
income
other
Net
Bohack estate on May 19 were
empowered by
the Queens County (N. Y.)
Surrogate Court to proceed with a
proposed
i.capital reorganization plan. A petition
filed by the trustees with the
Court had sought clarification
of
their powers under terms
of the
Bohack will,
the
-
railway
«n„r
ry.
V.
1,911,282
.
1945
14,429
3 779 585
994813
Gross from railway
.Net from railway
1948—12 Mos.—1947
196,093
$529,166
1946
38,529
4 479 014
.Net ry. oper. income—
$1,753,170 $22,966,191 $20,069,065
815,033
11,465,121
8,762,145
1,867,957
(net)
.
ensuing
.
,
'
rv
CBS
125,000
'
appro.
1947
75,287
rlTlwav ''' '
from
ration
150,220
3
1
1
.
i
abhi
Gross
-
192,253
'1
i
$801,205 >$1,312,930
Net^rom^aflww--""
~
story
;
nxt
ian
from
:
-
„
267,969
res.
■ ■ /
Colorado & Wyoming Ry.—Earnings—"
*
CO.—-Earnings—
917,241
1948
223,949
er. income.—
305,149
'Deficit,—-V. 167, p.- 2026.
William-
Watts
-
1S48—Month—1947
her mCOme (net)"—
,
ni
on
Baker,
«A
$2,031,629
Net oper. revenues—
f°n ^5ir.per share 0I}
28 t0 h?laers 01 "cord
C am°Unt WaS made °n
mn \ Bohack Co., * t-»
C.)
Inc.—Progress
f.„M
expenses
retire,
Burr;
The
the
share
...
Philadelphia, Pa.-To
6 fU,n^
i
«
f
'
:
inftf.
An
1254
1254.
n
p.
commnn
flg
iO
167
167,
s
with
per
is
-
& Light
taxes —!
other
Jnr ihe
$1)650'000> plus
hp
$9
Underwriter
revenues
taxes
v
remaining shares as the holders thereof
may,
within a
reasonable time-,
sell to the Central upon the same terms and
conditions.
The prica to be
paid for the stock is $33 a share
in cash,
plus accrued dividends from the quarterly dividend
payment date next
preceeding the date of transfer, less 50 cents
per share if the date
i
at
Ji'iiiii m'iiiii^i ■i>i>|»)ii
a mi
Prom Jan. l—
-
«
Operating
cperating
.
to
°tV °l Beeuh, Creek
by purchasing *uCe««^ H stock held
the 50,000. shares of ^.cq^
by Vanderbilt, trustee,
and
such
..-
filed
was-
sold
<'!
get rt^nerinPfTm;—
-
^^atedbookiet which depicts the
-858.—V. 106, p. 1575.
Period End. Mar. 31—
payments.
Sen«
p. ,147.
Carolina; "owei
Creek
and
156,
be
to
Baltimore.
:
of its giovtn since
•
operates the property
stockholders a quarterly
stock
■
Lanahan,
notification
stock
a
.SS-froSa^aV1-
Carnegie-Illinois Steel Corp.—Issues Booklet—
corporation, a subtidiary of tlti nmtad Stnttf Steel Orrp..
-
'
Central
Creek
of
common
iiii i. i.l iiiiiiiiifcw ^i'''jiiii*'i.iiii
from
C/Olumbia
Central
Beech
letter
a.
Baltimore.—V,
Creek, in the aggregate
July 1. d936, and has adunder the lease, a total of
capital
levied
the
21
2,373"shares of
amotig
Beech
of $6,000,000, which matured on
vanced, since operations were commenced
$2,261,867 for additions and betterments
dividend
distributed
addition
amount
requires
widely
shares,^and °the*Na5 YoTl HaS Sfa
1,000 shares
25
owns.
affiliate
Creek
.i;On- May
,
•
;»i»iin».ii1Y mi. II"
>1
railway
_J:
-Net ry. oper, income—
•
' Wallace
Hiiwnil
April-—'v.S"< <3^
(Net
sinking
rinnnn onoe t/O., Baltimore—with 9FP—
cannon Shoe Co
cdiumure
rues Wlin oiLL-—
v
Hill
Colorado & Southern Ry.—Earnings—^
whicha
.
vj-VThe capital stock of Beech Creek consists of
120,000 shares (par 50).
Of the total-stock
outstanding, 50,000 shares, or 41%%, are held in
trust by Harold S.
Vanderbilt, surviving trustee, under a deed of trust
dated Nov. 6, 1895. Vanderbilt has no
beneficial interest in the trust.
"'
A^distributioo of
19,
t*is
(2359)
N ii'iim
"
were
further- expenditures
i and underground
?
V
per-share
require
consul.
Beech Creek RR^-Control*-
'
'.I
paid._ On- March- 20, 10 cents; "June 16 and
23,-15 cents each; and Dec.. 26, 30 cents.
R.' Lowell; President; .saidi >*A shut-down
at-the Wolver;Tub« .division -caused by the general gas
shortage to Detroit,
I Mich.; and a furnace-breakdownatthosmtlte^
at Hubbell,
Mich,
reduced earnings,?,in;: thefirst fluarteri
Delays in plant construction
'and delivery of the equipment* have forced
deferment of. the opening
of
the Decatur, Ala.,
plant cost of completing the Decatur
plant
and. of modernizing the power
plants at the Calumet division has
"Ihtheasea? substantially in order to permit more flexible
operation
0f the. secondary department
inventory have been increased oromisinc
results from drilling In
the zinc-lead district of southwestern
Wis-
$809,248
9,988
319,704
8,281
Prov, for renegotiation-
■'"
,-Eridicoit
"
■
1
inc., tax
Fed.
,_'.»!■< Ill y (u'liiiu "ii.Tii.! 'I
Sept.
*982,843
Prl73,594
0*6,002;
______
for
directors
following dividends
"
v.-
$1*02,598:'
.24,370
.
~
,
#,§47,301
'piw
$1,808,750
.
483
-
iq
,
-"
t Net
operating
|»*,I|'W*"
' W""
Calumet & Hecla Consolidated Copper Co.—Omits Div.
—YeaisBndedDec,$l£—»rrThe•
2,513,018
Non-operating income,,
MX ■' ■""
v.."■*normally ;Vtould thaveybeen doctor,
$14,391,735 $10,863,490 $10,530,234
$3,005,301
income
Totat operating
End,,
'
.«..
;
Volume "167
:
:
THE
(2360)
4
COMMERCIAL
&
FINANCIAL
CHRONICLE
Eastern New York Power
Consumers Power Co.—To Amend Certificate— >
r
stockholders
The
amending the certificate
will consider
21
June
on
organization so as to establish-for the benefit of all preferred
stock, including that now outstanding, protective provisions conform¬
ing to the current standards of the Public:, Utility Holding. Act ,of;
1935; also vest in the board authority to determine (in. addition to
the rights and preferences which, may presently be determined)
the
terms and conditions
of a sinking or purchase fund, if any, for the
of
,
particular series of preferred stock, so that a purchase
be created for'a proposed (new) series of preferred stock,
167, p. 2255.
'
/•;
shares of
fund
;
.
.
of San Francisco.
*
<
The proceeds of this financing, together with funds raised by fiveyear term loans in the amount of $1,700,000, provides the company
with funds to purchase five new "Convair 240" aircraft.
The delivery
of these planes will commence next month and will replace the present
DC-3's.
7
main routes extend from Kansas City to Denver and
at
the
Bank Farmers Trust Co.,
Y.—V. 166, p; 2309.
City
Co./ Cleveland,
Eaton Mfg.
v
trustee,
Wililam St.,
22
'
^
Operating
1948-^Month—1947
194^—12M0S.r-l$47
$1,641,754
• $786,091
$12,170,665
$8,588,841
542,269
285,144
4,526,373
3,054,431
100,903
46,857
834,847
/ 401,350
92,086
52,811
697,277
528,175
246,631
78,151:
1,400,774
"936,441
revenues-
Operation
Net
residuals—credit
Deprec., amort. & depl.
other than Fed.
Taxes,
income
taxes
and
ment
—V.
Expl.
321,491
—
60,135
27,536
508,886
devel. costs—
2,114
558
9,029
51,958
$799,423
C. A. B. is to be
heard in
June.—V.
167,
$390,748
$5,863;174
8,058
18,311
127,152
$4,097,694
0r26,197
-
Balance
Other
346.
p.
and
income
——
Continental Motors Corp.—Engine Shipments
Increase
greater in the six months ended April 30, 1948 than in the like
period last year, C. J. Reese, President, announced on May 8. The
tptal was 12,2,355 units, against 81,Q03 a year ago. The gain, reflects
enlarged production capacity and improved manufacutring efficiency
resulting from extensive modernization of production and assembly
lines, he said.
1
*
'
'
1
Shipments of all type3 of engines by Continental and its whollyowned subsidiaries,
totaled 165,593 units for the six-month period,
a gain of 54% mver
the corresponding period last year. This includes
.automotive
and^industvial, marine,rairplane-andsmaUair-cooled
engines;
7:7'7; /v7.;77>7/;
April shipments totaled 31,146 engines, compared with 32,873 in
March.
The decline is accounted for by the shorter work month.
—V; 167, p. 1805.
'
I
.
'
•''V-7 7:':;V/7V7177>/7>7/
.'/'' 77 \ .>■• ■/
Gross
Income
income
$807,481
deductions
Federal
income
$409,059
108,730
7 27,904
/
-
dividend.
taxes.—
243,091
income
75,390
'
,
stock
Pfd,
,
$455,660
div.
requir..
and
_,r
34,479
this
after
219,053
$280,140
1921.
Input—
this corporation amounted to 68,172,000 kwh.,
an
agreement of merger
the merger with and into this
company of Texon Oil & Land Co., Group No. 1 Oil Corp. and Group
No.
2
Oil Corp.
Stockholders of the three last-named companies
approved the consolidation on May 12 •
Continental owned approximately 83% • of the outstanding stock of
Texon, and the latter company in turn owned approximately 73%
of
the outstanding
stock of Group No. 1 /Oil Corp. and 79%
of
stockholders
No.
Group
2,
approved
11
May
cn
providing
1948
for
Oil Corp.
2
p.
22.6%,
or
the
over
of
year.—V.
last
167,
1948
net
refined
oil
crude
products,
refinery runs of crude, sales of
of wells completed reached an
production,
and
number
the
«;T
2256.
i Cornell-Dubilier Electric Corp.—To Vote
is. announced
"It
that
Dividend
on
Net
preferred stocks. A meeting for this
purpose will be held on June 1, 1948."
The company on March
10, last, paid a quarterly dividend of 20
the
on
From Jan.
cents
per share on the common stock, the same as paid in each
quarter during 1947. The last regular quarterly payment of $1.31'A
per share on the $5.25 cumulative preferred stock was made on April
'1:5, 1948.—V. 166,
*
-
1252.
p.
'
Curtiss-Wright Corp.
The
stockholders
shares
204,983
April
on
class
of
Decrease in Authorized Stock.
—
approved
21
stock
A
proposal
a
have
which
been
for
Net
/
ry.
The company
and
300,000
offering price
Underwriter,
used
V.
to
163,
reduce
■J
current
obligations,
.
increase
' 1
"
•
common
shares.
Proceeds will be
working capital, etc.—
'
Esmond
See
SEC
company
for
market
22,500
price
May
shares of
capital,—V.. 166,
less
filei
20
on
(not
p.,j 665.-
stock,
common
than
>
;
of
to
Proceeds
$9).
^
letter
a
with
notification
sold
be
will
be
to
used
the
employees at
for working
"7
«
Detroit Toledo & Ironton RR.—Earnings—
April—
-.
from
Net
from
Net
ry.
■
rai way
from
Net
ry.
—v.
439,740
230,263
104,851
162,690
4,729,397
3,360,863
3,564,945
2,235,826
1,082,884
1,649,037
1,052,904
1,197,448
502,000
the
months of
this
year will be
advisable to take
in excess of those of
no
dividend
jr,,t0TrC0nserve w°rking capital for
initiated.—V. 165, p. 2664.
.7
'v.-
:
ordinarily
$19,0,00
$57,000
new
action
^*
■
from
ry.
1947
railway™.
railway™...
$345,500
72,267
78.119
income...
'2,564
13,895
oper.
Net
from
Net
ry.
-
$303,100
$184,300"
$189,000
17,133
30,860
'29,456
-
'14,740
railway....
income^..
f 'Deficit.—V.
Feb. 23,'48
tFeb. 28,'47
$3,922,402
2,708,499
•
167,
the
dividend
about
cover
'$3,416,985
results of
tlncludes
vious
p.
••
$5,602,445
3,797,000
.
Current
Net
of
assets
$4,213,903
$1,805,445
corporation
the
its
and
Associates—Earnings-—
1948
•.
—
18 declared a quarterly dividend of 30 cents
15 to stockholders of record May 29. A
made on Jan. 15, this year. In 1947, the following
15 and April 15,
Jan.
15 cents each;
Rubber Co.—Definitive Debentures
&
National City Bank of New York, 55 Wall St., New York, N. Y.—V. 167,
P.
1469.
--
Florida Power &
Bids
will
-f^7V^bIe t0
—
prior
pref.
''
Light Co.—Bids for Bonds-
by the company at Room 2033,. No. 2 Rector
12 Noon (EDT), on June 8, for the purchase of
received
be
companv
to
each
by
carries
bank.
a 3% interest rate, was granted
The unused amount carries a V*%
best
its
the
in
the
1925
efforts
outgrowth
by
C.
B.
list
to
Stock
York
New
is
the
Exchange.
of
single
a
the
Gamble
and
executive.
Through expansion
business has been developed into
durable goods and, to a limited
selling
'w
'
sales
constituted
Apri:—
Gross
Net
from
1,827,506
Net
ry.
from
railway
railway——_
oper.
fr^m
Net
from
ry.
1Q43 :
$1,184,469
? 235,335
income!
From Jan. 1—
Gross
/
•-
in equal
interest
4,506.014
through
peak.
net
Such
company-operated
railway——
income—^
• ;
862,420
379,030
'50,943
217,009
'Deficit.—V. 167, p. 2028.
: :5,02*7,659
322,160
791,408
26,403.;;
398,580
./"•
-
Canada
were
and
other
dealer
to
th:;n
those
stores
in
which
will be used td reduce short-term
$14,556,000 at April 30s 1948, the spring
proceeds
short-term bank
of
Co.
Chicago,
have
loans
been
borrower
and,
to
Northwestern
$2,000,000;
and First
National
been, and
particularly in
incurred
with
expects
season,
National
Bank
Bank
of
of
Minneapolis,
the future, apurposes of carrying
to
for
be
in
extent; receivables.
some
CAPITALIZATION
GIVING
EFFECT
TO
PRESENT
Authorized
promissory note, due to Dec.
$13,000,000
stock
Shares
Common
18,
States.
stock
t3,500,000 shs.
borrowing
long-term
under
492,000 shares of common
conversion of such shares at
for
stock
shares
to
be
stock
the
2,477,722 ehs.
agreement
will
of
names
purchased
by
the
be
underwriters
each
are
4 1/10
the
and
•;
Lehman
Central Republic Co. (Inc.)
Clark, Dodge & Co
Cruttenden
3,500
3,500
Dain
&
Loeb,
-
/
Marx
<te
The
Ohio
1,000
2,500
Company
1,500
Northwest Co.——_
Paine.
Webber,
Jackson
2,000
&
Curtis
1,000
2,00o
Ilayden, Miller & Co.—2,500
Hayden. Stone & Co
3,500
Hemphill, Noyes & Co.—
3,500
Henry Herrman & Co
1,500
Hornblower & Weeks—
3,500
1,000
2,000
Mullaney, Wells & Co
i
Maynarcl H. Murch & Co.-
2,500
Granbery, Marache & Co..
2,000
Co—
/Merrill, Turben & Co
Pacifi*.
First Trust Co. of Lincoln.
&
Co._:
<&
1,000
Co
Rhoades
2,000
Loewi
2,000
&
M.
Co.
1,000
& Co.-
M.
Brothers
Carl
5,000
Co
2,000
1,500
3,500
J.
2,500
1,500
4,000
Kirkpatrick-Pettis Co
12,500
Kraus
^
Bateman,- Eichler & Co.-A. G. Becker & Co., Inc.Burge
No. of
Shares
Pierce, Fen¬
Ashmun
S.
Ball,
num¬
follows:
as
Kebbon, McCormick & Co..
12,500
Piper, Jaffray & HopwoodC.
7
.
No. of
Beane———
re¬
shares
stock.
shares
&
dated
initially
of
rate
share of such preferred
for each
UNDERWRITERS—The
of
loan
a
1947, from Equitable Life Assurance Society of the United1
tUpcn issuance of the 120,000 shares of preferred stock
common
ber
-
120,000 shs.
$5)
(par
a
$13,000,000
'. /(••
150,000 shs.
offered
now
served
of
(par $50)
offered
now
'Evidencing
Dec.
FINANCING
Outstanding
1,
1967
Preferred
W.
3,500
' 1,500
/H. Q. Peet &
/ Reinholdt
Gardner
&
2,000
"Reynolds & Co
3,500
H.
L.
Rollins Si Sons
F.
,
,
Rothschild
&
Inc..
3,500
Co
3.500
&
167,
Co..
p.
>
Stern ^Brothers! Ss> Co,i/-!/ lv50O
Whiting, Weeks As Stub'cs.. 2,500
The Wisconsin
SiSOU
>/•,-
3,500
1,500
Hutton & Co——
E;
Inc
2256.
-
'■
.
>: •■
"
.
."/ZHV-
General pectric;Cd.-^VicerPresident Retires---
;
Shreve/. who?
Earlvd.
;
Charles
of
p.
is PresIdeiitVol; the U. S. Chamber pf>■. Com»
has retired from this company as Vice-President on the staff
E. Wilson, President, after 44 yecrs of service.—V, l$7r
merce,
"
2025.
:■ //
General Public Utilities
The
1948
s/v-.
electric
'/>■"•.
.
-
•
.
'
.
j
1 •
.
•/.•'*•/.
r- '
f*'.'{*■ ■
.-'4
.
1,323,675
639,978
/ v*i
-i.-i.i
Corp.—Weekly Output—)/
output of this corporation
to 147;952,723 kwh., an
amounted
1;\.
for the week ended May 21,
increase of 19,684,587 kwh..
15.4%;^over the corresponding week of,
Or
420,500
3,801,504 / 3,621,145
/
in
the
Trust
$1,359,150
IF,269
£0,767
?
Sales
194l^y^ 167,
^2561^|Vr
p,
Georgia & Florida RR,—Operating Revenues—.
1946
$866,701
200,854
:
,,
balance.
regular banks of the company from time to time, primarily
purpose of
carrying increased inventories, such additional
inventories having arisen because cf the substantial increase during
the last two years in both the business of the companies and the
general price level.
It is expected that
reductions in
bank loans
will be made by payments as follows:
First Wisconsin National Bank:
(Milwaukee),
$2,000,000;
Continental
Illinois
National
Bank
and
for
1945
1947
$966,741
;
108,346
railway—
oper.
che
total.
..
..
2,818,641
stock—j $6,447,331_$4,280,655
chains,
which aggregated
loans
Kalman
has
credit/which
4,362,955
1;108,729
iiom
varying
Fort Worth & Denver City Ry.—Earnings—
1947;
$5,389,384
cumulative
senior
Inc.—Revolving Credit—
*- "
:
There are no dividend restrictions in the agreement and the com¬
pany has the privilege of prepayment at any time without penalty.
A
previous outstanding $5,000,000 note issue, due March 24, 1949,
has been repaid.^V. J67, p. 2028. ■ X
* "/ //;"/ (//
$18,577,520 $14,398,486
$7,556,050
stock > 1,108,729
in
or
;
,
"
Net
PrCferred
.
,
obtained a $5,000,000 revolving credit from the
Pennsylvania
Co.
for Banking & Trusts,
Philadelphia,
and Chase
National Bank, New York.
The agreement calls for this amount of
credit for two years with a reduction of $4,000,000 in the third year.
The
5,291,027
1,653,674
discount....:
4l/2%
,
Dividends
use
on
Minnesota
years,
Eosworth, Sullivan
July 15
30 cents each; and Dec. 15, 15 cents.—V. 162, p. 2146.
-v
t
In
consolidated
merchandise
ner
June
dividends were paid:
and Oct. 15,
3,876,759
dePI®tion-——
ni?*4™?™*
requirements-on
*
to
stock
present
Goldman, Sachs & Co.
Mfty
on
payable
share,
'5,737
1
the
PURPOSE—The
$1,009,148
941.
p.
directors
The
per
'59,959
income taxes..
Div.
of
bank
Fabricon Products, Inc.—30-Cent Dividend—
-143,266;;i 76,523
*"
agreed
2,588,000
wholly owned subsidiary
company, Eversharp International, Inc., as of the close of the fiscal
year amounted to $11,003,506, while current liabilities totaled $6,162,-
amounts
'
price.
for the most part,
in states
this company's stores are located.
$3,597,148
operations of .(a)
charge.
»
whole
in
July 33, 1948, and quarter# thereafter.
City Bank, New York.
Registrar, Chase
located,
$2,606,539.
195,216 '
1921.
Callable
year.
Feb. 28/45
razor
ended
year.
910,200
.
i
shares -of
41/10
was
inventories
Feb. 28,'46
division had sales totaling $15,255,428 in the
Feb. 29, 1948, compared with $10,963,288 the pre¬
profit of this division before taxes amounted to
company's
year
157,020
941,000/
/
offering
the
Minneapolis,
$1,000,000;
$965,000.
Company has
1258.
Eversharp, Inc., from
March 1, 1946, to date of consummation of plan of reorganization
with
Magazine Repeating Razor Co., Nov. 12, 1946; (b) Magazine
Repeating Razor Co. from Jan, 1, 1946, to date of consummation of
plan of reorganization, Nov. 12, 1946; and (c) Eversharp, Inc., the
surviving company, from Nov. 13, 1946 to Feb. 28, 1947.
323,438
March 31—
c?«n8?lid?ted illcorae—
debt
Cr4,109,200
...
taxes—
after
'Loss,
1,215,300.
p Months Ended
and
on
or
about, June 15 because earnings of
quarter ended April 30, 1948, did not
taxes
1,649.900
Eastern Gas & Fuel
Interest
"action
no
after chgs... '$7,526,185
profit
Income
513,910
•
the
the
major
soft goods.
wholesale
—V.
1945
such
BUSINESS—Company
short-term
The
railway.
oper.
io intake'
•
'/(Prom; Jan.Zt!-////
Gross, from
Corp.—Omits Dividend Declaration
on
the
Food Fair Stores,
1946
into
,
sells
$11,000,000 first mortgage bonds.—V. 167, p. 2132.
'-7
1948
from
Net
payable
during
St., New York, up
»
.
convertible
The company holds as an investment 143,500 shares—about 19.1% —
of the outstanding common stock of Western Auto Supply
Co., which
Eversharp, Inc.—Reports Loss for Year-
time
being
>
incorporated in Delaware on May 28, 1928, and
the 55 stores in operation at the
end of that year reported salesof
about $2,000,000.
The number of outlets was increased greatly
during subsequent years, and a substantial program for the estab¬
lishment of independent authorized dealers to whom sales are made
at
wholesale was started in 1933, all under the management of the
founders and many of their "present" associates. v
■
The company and its wholly owned Canadian subsidiary, Macleod's
Ltd.,
now
sell merchandise
at retail through
519 company
storeslocated in 23 middle western, north western, and far western states,
four western
Canadian provinces,
and Hawaii, and at wholesale to
1,744
and
operated
authorized
dealer
stores
independently owned
located in these and two other states, British Columbia, and Mexico.
Both company and dealer stores are principally in towns and small
cities.
Of total consolidated net sales for 1947, retail sales, including
a
minor amount through mail orders, constituted approximately 56%,
and
of
decided
have
year,
this
now
;;
on
has
over
company
3 \'z %
1328.
p.
last, and iu each quarter during 1947.—V. 167, p.
for the
last
at
programs
'iv:?.
April—
Net
164,
requirement for a 12M>-cent dividend, according to H. W.
Burritt, President.
The company follows a policy of
not paying
dividends unless they are earned, he said.
A
distribution of
12'/2
cents per share was made on March 15,
7/;Duluth Winnipeg & Pacific
Ry.—Earnings—
Gross
below.—V.
25-year 2%% debentures due Jan. 1, 1972, are now ready
for issuance in exchange for outstanding temporary debentures at The
Co.—Omits Dividend Action—
directors feel it
•
Williams
directors
Firestone Tire
Dolan. President, stated: "Although sales and earnings
five
.
Definitive
r/tThe directors on May 21 took no action on the common dividend
this time. A distribution of 15 cents per share was made on
March 10, last, and in each quarter
during 1947. ,•//},
T;
board
the
to
Eureka
.
.dye at
...
••
907,556
167, p. is2i.
xxrsb
-
Sweetser has
elected
The
263,767
5,202,947
2,007,246
income—
of
seasonal
1945
>
J/Dobeckmun
Valley RR.
below.—V. 167, p. 1921.
Incorporated
similar payment was
railway
railway
oper.
1,784,276
■.
been named Publisher of Esquire Magazine
directors of Esquire, Inc. He was VicePresident
and Advertising
Director
for Esquire and Coronet and
publisher of Apparel Arts.—V. 165, p. 3166.
$696,974
87,573
to
common
established
Skogmo,
acquisitions
Merrill Lynch,
1946
$737,622
189,937
$1,048',554
from
Net
1947
'
$1,039,305
231,180
Income™
Prom Jan. 1—
Gross
1-948
-
railway.™
oper.
'350,695
-
Esquire, Inc.—Sweetser Publisher and Director—
378.—V. 167,
"
Gross
1,805,542
1921.
p.
Mills, Inc.—Sale to Be Considered—
Textron
George T.
and
fiscal
Detroit Harvester Corp.—Stock for Employees—
The
167,
'/
The
/
3,999,155
,
3131.
p.
12,605,985
688,999
assets.
New York.
AND
store
W.
'31A%
be $1,000 per bond with
1,000
Cunningham & Co., Pittsburgh.
K.
7,524,692
4,776,152
income.^.
oper.
Years Ended—
lien
will
S.
,12,604,307
4,967,^)06
1,744,344
railway.:
on
first
14,242,654
;
''
-
May 14 filed a letter of notification with the SEC
sinking fund convertible 5% bonds due 1953
common shares, reserved for conversion of bonds.
The
$100,000
397,122
-
Erie RR.—Control of Rochester & Genesee
Net
•
66
—See latter company
Net
Files with SEC—
411,414
railway.
'Deficit—V.
tender
Dayton Consolidated Mines Co., Virginia City, Nev.—
for
$3,013,478'
876,077
•
invest¬
in
^
from
eliminate
to
called
during the year 1947.
•
275,587
>1948
1—
from
Net
and
common
1945
$1,982,167
1,168,832
391,337
railway—_
railway———
oper. income—,.
ry.
Gross
board has not been able to meet to take action on the regular quarterly
dividends
1946
$3,101,232
1,216,727
:
from
from
the
of certain directors,
the absence
4,ue to
1?47
$3,454,456
April—
Gross
•Net
than during the record-breaking year of 1947.
He
the net earnings for the first quarter of 1948, which were
referred- to
public
payable
National
and
The
Elgin Joliet & Eastern Ry.- -Earnings—
higher level
even
reported at $2.£2 per shafe as against $1.38 per share earned during
the corresponding period of 1947, and pointed out that this increase
in earnings is fortunate because of the necessity of meeting substan¬
tially increased expenditures. The capital expenditures, Mr. McCollum
said, were $32,300,000 in 1946, $45,600,000 in 1947, and are expected
to exceed $65,000,000 in
1948.—V. 167, p. 1805.
P.
extent,
In commenting on Continental Oil Co.'s operations, L. P. McCollum,
President, stated to the stockholders that during the first quarter
of
and
agent,
one
week
corresponding
,,
,
is
■
kwb.,
Continental Oil Co. (Del.)—Consolidation Approved—
April
retail
For the week ended May 20, 1948 the System input of subsidiaries of
an increase of 12,591,000
;.
■.
The
initial
ksue
HISTORY
.
dated
of
preferred stock and
Electric Power & Light Corp.—Weekly
two
Preferred Stock Offered—A
—
series
prior
LISTING—Company
,
/
the
of
$40,000,000
■;:;■/: //://■:
upon .30
days' notice,
at $52.50 per share and
reductions on July 31, 1950, and periodically there¬
National Bank,
$2,671,822
$3,883,707
this
issued
with
the
to
date
$421,181
than
time
any
Transfer
—_
administration
more
cf the company
series
at
dividends,
idivs.
surplus
167, p.
of
stock
•
./
:
Balance for com.
-V.
j
^
$2,890,875
$305,765. $4,236,489
:• 25,625- <
347,782
•
!
/'
-
prior to July 31, 1958, with conversion
subject to adjustment in certain contingencies./ Sinking fund
provided to retire for each year after July 31, 1957, 3% of shares
of
950,361
.
',
.
rights
is
part
Net
cents
pv;
The issue has been oversubscribed.
Each :share
f"
$4,071,497
230,260
$5,990,326
467,176
1,286,660
11
headed by Goldman, Sachs & Co., Merrill
Lynch, Pierce, Fenner & Beane and Piper, Jaffray &
Hopwood on May 25 offered 120,000 shares of 5% cumu¬
lative preferred stock (convertible)
(par $50) at par and
common
.Shipments of Continental Motors automotive and industrial engines,
which accounted for
approximately 60%
of 1947 sales, were 51%
16,
syndicate
%
.
The company's
thence to Santa Pe, Albuquerque, El Paso and San Antonio. An appli¬
cation for a new route from St. Louis to Denver • on file with the
and Sept.
16
June
•'
directly in charge of portfolio
trusts, which have reported
167, p. 1922,
Gamble-Skogmo, Inc.
_
Maintenance
15,
—
Since his affiliation with the companies in January," 1947, as VicqPresident and a director, Mr. Brown has been chief research executive
i
El Paso Natural Gas Co. (Det) (& Subs.) -^Earnings-^Period End. Feb.—
March
35 cents..;
Edmund Brown, Jr., has
been elected President of Fundamental
Investors, Inc./ and Investors Management Fund, Inc./ investment
companies, and of the Investors Management Co., Inc., a research
organization,
i •/-'
/ /•/:■//•,-//.(//%'v"//''//:--; / ■'
Mcklnhoh Industries,
Ltd. a subsidiary of G.M.C. to manufacture the popular Eaton TwoSpeed Truck Axle in St. Catharines, Ontario, Canada, it is announced.
2028.
15
New President Elected—
O.—Canadian Contract—
Arrangements have been completed with The
~V. 167, p.
on
19
made:
were
each; and Dec. 24,
r
declared a quarterly dividend of 14 cents
to stockholders of record June 1.
A like
March 15, last, while in 1947 the following;
May
June
on
distributions
.
fleet of
directors
made
New York, N.
of 37,500 shares of common stock has been placed by
Lehman Brothers at $8 per share. Associated in the of¬
fering were J. Barth & Co. and Irving Lundborg &; Co.
The
per share, payable
amount was paid
any
Continental Airlines, Inc.—Stock Offered—An offering
Fundamental, Investors, inc.^-14^Cent Distribution-—.
Corp.^Parti^l!tedemption
redemption 7<m July i» next/ through
operation of the sinking fund, $190,000 of first mortgage bonds, 3V4%
sinking fund series due 1961, at 101.90 and interest. Payment will be
may
—v.
There, have • .been/ called ..for..
Monday^^ May ; 31>; 1
'/'VT
V
•; i !'
IJ
Week Ended May 14
Period—
■■//
Operating revenues
r—V. 167, p. 2256.
;::;Z
.
•••
_
\
k-f! +.V:"
Georgia-Pacific
.
1948
/;
1947
$55,900! -—$54,400
—Jan. 1 to May 14—
.
;1948
if-
^Plywood
/
/ $949,233;
,(//
.
/ W47
~
$303,092
r//
•
i
'
■
•
?
Lumber? Co.-^-PIans Split
The directors haye submitted a proposal to. stockholders to exchange
the
company's presently outstanding common, stock on
a
two-for-one
Volume
basis.
167
Number 4703
Stockholders will meet
June
on
v;
'
take
to
9
'
'
action
*
.
the'pro-
on
stpck split-up-would
shares
.■
.
.
.
„
be
basis
to
to
two
shares
common
the full conversion
to
of
the
for
each
convertible
ASSETS—Cash,
accounts
v.'>
SHEET, MARCH 31, 1948
Investors Selective Fund, Inc.~~8-Cent Dividend—;
The directors have declared
the
prepaid insurance,
,
taxes,
t tawtt tttws_t
etc., $131,467;
s
-c
r
Of
and-Canadian taxes
on
income-(estimated),
long-
$737,325;
(N
s (iv. x.j insurance GO.
»
-
.
Corp.—Executive Vice-President—
,
ftrand Trunk'Wpatprit fMh^TCartvWc
urana J,runic.western
April—
1943
Ket
from
railway
Net ry. oper.
,,
330,010
.
'
income
1946
.
372.261
65,007
-
Net
from
15,772,000
--
Gross rev.
10.157.000
2,986,868
""217,318
h.
1,763,193
.
?
$1,134,470
$44o,84J
W6
•
from tvanso
Net revs
(
^
$50 863
$95 165
$151639
Continental Oil
Co.
.
above.—V.
_
£r°r!fi£t»l
Continental
rvf
See
this
Fund
K32
$56,163
$93,810
$171,400
$236,192
73,585
69,949
221,486
204,065
*$17499
■
<i9n aco
orr
$19 127
,
revenues
1808.
♦Loss.—V. 166, p. 2030.
above.—V.
83
'
7
'
i?!»?Ve
Jacobs,
who
Cola
Coca
sEst
ne{i
1948
share
earnings
$1.29
The
stockholders on May 26 approved a resolution to increase the
capital stock to $500,000,000 from $300,000,000.
They also authorized the corporation to increase authorized indebted-
elation
shares.
authorized
$400,000,000
The
from $200,000,000.
it
management,
stock
for
any
Earnings
stated,
was
and
purpose
.in
*
1945
$1,961,710
$1,401,705
$0.71
$0.51
has
present
no
in
intention
no
amounted
of
now
thought of taking
issuing
elected, to
were
to
about
31,000
barrels
day compared
a
5nnrne's.a da.y in j;he first QuarLer of 1947 and
barreiS a
day*.
The
corporation's
amounting
company
T
W.
L.
serve
J.
E.
of
A.
family
Gidney,
•These
Howard
*
4.1,
t>
R.
the
by
J.
Vice-President
fn
elected
oil
continuation
business
activities
companies
maintained
in
has
every
of
President
elected
Hnndc
respect, the
to
The
par
TTRHHac
CMlllies
Cft
go.
$1,821,694
revenues-
each
the
tradi-
167,
The
Rr
Rlvth
the sale to
499,614
737,366
436,576
214,032
319,362
%
('
--V
/.
.<
.,
.
rt
■
-
the
to
share
June 8,
on
of
record
at
1948,
the
common
stock, of
common
of
—V.
be filed
stock, of
business
not
no
said
ex
to
4,
.
shaves in
8,824
until
further
v
after charges
This corporation
the
Mutual
and
May 20 sold
on
Life
Insurance
providing
agreement
plant
research
a
Co.
12y2
of
acre
and
signed
lease
a
for the construction of a one-story printing ink
laboratory for Interchemical's International Prin>
-
of
the
arrangement
Vice-President
and
liabilities
Manager
435,314
of the comparable period in
The
directors
122,360
1,610,492
1,394,135
$454,397
$345,361
$4,824,052
The steel, concrete and brick masonry plant will be used for production of printing inks, limited manufacture of ink varnishes, and a
central research laboratory for the International Printing Ink Division
of Interchemical. Facilities-will include office, laboratories, production
farm,
SEC
The plant will have
a
"1,473
"1,992
"51,490
$4,772,562
$4,616,534
55,884
54,897
692,458
798,052
$397,040
$288,471
$4,080,103
$3,487,716
574,250
of
per
' 528,000
.
p.
C.
The
corporation
$1.55
area of
and
employees'
the end
recreation
room.
158,868 square feet.—V. 167, p. 2257.
c
^
v
i
has
been
on
May
tuto
available. Approximately 100
18-page book—V 167
p
1044
) < T
1
chemicals
.are,
described in the
Railway
this
corporation
U
>
a
Vice-President.
since
-
its
incept'on,
p.
Austin
died
Ford,
Ward
declared
26
a
oper.
at
Binghamton,
2030.
.,1948
Gross sales
iess
$4,812,683
$4,750,346
435,736
1.227,862
1.935,350
201.626
770,289
326,605
>
TV
'•«
-900,502
1,445,913
The
""Earnings per
-**«
After
■«*
provision
•NOTE—Sales in
Plastics
wdiich
.-
is
for
1946
1945
«
$1,180,656
$766,875
$910,875
as
of Jan.
1,
1948,
in the
remuneration received and
Guatemala.—V. K*, p. 2030.
company
$0.92
$0.57
$1.83
v
.
..
preferred
1945, .include
'
for
the first time
Corp.,-'manufacturer of casein plastics
now a wholly owned subsidiary,
New Official—
j
u
.
r
,
at
those
,
*
N.
Y.,
^
;
»
,
.
'
•
profit
after
all
,
charges___——
,..Earnings per common share...
.
-
-1948
\
'>'.5
$190,481.
par>.
*
\t'
-
-
-
from
ry.
—$2.45
on
May
19
filed
of
letter
a
notification
with
..the
-
./
$5,205,312
$7,819,081
955,000
730,395
2,294,590
509,634
228,455
218,240
1,196,087
25,588',927
23,854,464
21,260,213
28,384,818
income—
Net
from
Net
ry.
railway
railway
—V.
oper.
167,
p.
4,074,672
income—
2134.
\
4,262,668
4,032,713
5,174,345
1,281,529 j
1,852,347
1,744,909
1,191,450
:M>
(John H.) Lewis fund, Inc., N. Y. City—Registers with
'
SEC—
•
company
on
May
io
filed
a
registration
with ,the
for
net
worth is
$100,000.
The
company
is an open-end investment com¬
Lewis Management Co., \jNew xYork, is manager;
pany.
r v -v
-
Libby, McNeill & Libby^—Acquires Large Canneries—
The
sion
on May 19 announced-the purchase
of one of the'
and pea canneries in'the midwest. The plant, located at
comptmy
corn
of
Consolidated
Grocers
Corp.
The addition of the Rochester
$25'55 0ri April 30, 1947.—
statement
covering 200,000 shares of capital stock to be offered at $5 for
of ihe first 20,000 shares ana the* net asset value plus 2^%/
the remainder.
Proceeds\ will be used to begin business, ^when:
Rochester, Minn.,' was formerly operated
ti67$25'i695°a March 31' 1948'
v
1945
$5,994,991
1,319,921
railway
oper.
$
1946 :
1947
1948
$6,184,724
railway
from
Gross
largest
.
1947
by the Reid, Murdoch divi¬
%
cannery
to the
Libby chain of plants
was made to meet the company's expanded requirements in corn, peas,
and other vegetables; '
V
;
( •>,
More than 12,000 hcres tvlll be needed to supply the cannery with
raw materials for processing. The Rochester area
is regarded as one
,
„
of the best In the United States for the growing
of
corn
and peas, The
canning season will extend from mid-June <to late fall.—V. 167, p. 1045.
$168,350 i
.
T
.
_
_
—
.
—
,
,
.
Investors Manageiiieiit Co.-, Iiic.-~-New PresidentSee Fundamental Investors, Inc^'above,
$2.08
Sales for the first, qqarter) of 1948.-were)8%/ii» excess of those
billed during the corresponding months^ a year ago.
The. company's backlog' of .business is approximately -ist th^ .same
level' as at the beginning of the year;
T
with
par.
from
Gross
,_
with the
..The- net asset value-per-commoir share of this company outstanding
at April 30.- 1948, based, upon-.the-balance sheet on that date,
with securities owned adjusted to market
prices; was $26.79, compared
'•
Quarters Ended March 31—
tl_,
registration: statement
as
,
•Heywood-Wakefield Co. (& Subs.)—Earnings—
Net
a
Value—
v.-y.-,.Arthur R. Broadman has been, elected Assistant. Vice-President in
charge of engineering.—V. 167, p. 942.
A
20 tiled
^
,r 1
Indianapolis—Files
Co.,
Lehigh Valley RR»—Earnings-
Rice & Co^.Spokane. Proceeds will be.used to pay a demand.note
to General Telephone Corp.
(parent); repay a $100,000 bank loan,
and reimburse the treasury for capitsd expenditures.—V. 161, p. 9.
of American
Bainbridge,
on. May
Underwriters v are. Paine,t Webber, Jaeksoa_
Curtis and Stone &
Webster ^Securities. Corp r New York; Murphy Favre, Inc. and Paine-
$0.62
•'
.
dividends.
161,
$250,000
at
April—
each
SES j50^"115, 9.238 ^shares, of .cumulative prefemd stock (no
$312 572
•
of i the
assets
earnings.—V.
«
—.
The Company
$4f5«9,320
shr.
com.
.
net
current
of 5%
sinking fund debentures, due 1950, to be
Underwriter, City Securities Corp., Indianapolis. Pro¬
ceeds will be used to pay bank loans and increase working capital.
SEC
$5,389,8^3
or
,
for
offered
adjustments giving effect to_ an increase of approximately
Interstate: Telephone Co.-.Registers with SEC-
•
$5^23,854
the
from
accumulated
1,305,383
207,216
^
i.
"1948—4 Mos.—1947
$1,158,970
175,142
^
J?
25%, effective
$7,184,952
dividend of 30 cents per share
to holders of record May 28,
From Jan. 1—
$1,218,460
Net income
*"
returns-
'and allowances
Kit income after taxes•
from
15
made
_
The
,
not
be
Langsenkamp
H.)
(F.
Net
287,053
,
to be received from Compania Agricola de
" /
will
2557,
p.
Net
1948—Month—1947
.
revenues
Inc. avail, for fix'd:chgs,
new
x
C0^farnlnS7
^3 Mos. End. Mar, 31-r-;.L.s
V1947.
•
payable June
distribution
and
company,
a
/
?et rev. from ry opers.
:
-
stock,
common
The
1948.
formerly Manager of Patent Research and Deelected
-
^
.
the
on
International Rys. of Central America—Earnings—
announces
that a new Hercules products book;
of the company's chemicals by. family ..groups, is.-
all
of
McPherson,
Period End. Apr. 30—
^
'
warehouse
floor
1,909,968
$1.61
....
which, classifies
Inter-
each.
years
N. Y., May 24, in his 85th year.—V. 167,
*1808.
;
.
by
International Business Machines Corp.—New V.-Pres.
' John
'
•Hercules Powder Co., Inc.—New Products Booklet—
,f
10
velopment,
$2,959,716
2,182,820
share....
[ '♦Loss.—V. 167,
owned
parcel
43-acre
a
330,765
director
Earned
of
Construction of the plant is expected to be completed about
of this year.
$4,610,394
*6,140
$343,368
part
was
.The lease is for a term expiring Jan. 31, 1974 with the
manufacturing firm having the option of extension for five successive
1,709,216
$452,924
sold
;2,931,892
1947/—V. 167, p. 2031.}
SEC—
property
"3.037,434
(The) Lancaster Corp., Jersey City, N. J.—Dividend—
166,440
The
636,511
3,232,439
2,658,355
——
International
the
153,398
Common
■
James- Beckett,
by
of
-
Although the order balance at March 31 was lower than at year fend,
bookings for the first quarter of 1948 were approximately $200,000 in
214,341
'
^
*''r:
balance
excess
made
was
General
chemical.
1,746,533
$3,505,853
''V
'48 Dec. 31, '47
$3,667,753
$3,673,945
Working capital
Order
Printing Ink Division, and Henry Verdelin, Vice-President and Manager
of real estate for the insurance company.
^
terms
,
123,449
*101,433
and taxes
assets
Current
site in Elizabeth, N. J.
York
New
Ink Division.
Announcement
$1,524,252 $20,097,059 $17,180,915
stock
; ;
1947
comparative figures are:
201,535
to common
shares
"
•
$1,579,733 '
setting aside $37,188 for special inventory reserve.
Other
201,316
2,197,409
Applicable
■'
1948
$1,778,856
-
♦After
notice.—V.
Interchemical Corp.-Sale and Lease Agreement-
.
to
1948—12 Mos.—1947
dividends
'
«
Quarters Ended March 31—
16,776
income
wijl bflj'added to working capital.
'
16,776
—
treasury.
this stock
Sales
1922.
p.
include
Corp.-of Delaware—Sales & Earnings—
Lamson
May 25 directed that the common
distribution
167, p. 2258.
2134.
par
no
June
on
167, p.
Profit
Stock Exchange on
quoted
•>*/"•
on
share
of one additional
close
not
♦Does
Proceeds from the sale of
of
$
-
.
*
•
»
»'
will
S
number number of stores in operation during the four
May 15, 1948, was 2,464, compared with 2,580 in the
CAPITALIZATION, GIVING EFFECT TO PRESENT OFFERING v ••••
'Authorized
"'Outstanding
par)——
16,000 shs.
15,493 shs.
300,000 shs.
*287,366 shs,
..
of incorporation
certificate
1S48—20 Wks.—1947
$
60,027,783 311,880,856 285,290,941
65,007,467
Current
acquis.
income—net
1
1948—4 Wks.?—1947
15—
$1.16 cum. pfd. stock ($25
Common stock ($1 par).
1,061,170
Preferred
,
906,968
Lakeside Laboratories, Inc.—Stock Offered—Loewi &
Co., Milwaukeee on May 14 offered an additional 1,000
shares ($1 par) common stock at $6.50 per share.
1,637,203
1,927,631
Net
,
859,222
325,644
income
ended
154,167
Special charges
Interest and amortiz—
•
1,422,923
average
departments, .tank
^
1,217,975
$
107,406
Balance
'
70,268
1,712,435
railway
Sales-——.—
193,334
Other
,
31,903
■
,
167, p. 1923.
160,221
revenues—.
174,189
93,965
113,796
1.881,954
railway
oper.
6,457,931
oper.
V
234,149
88,619
1—
Mar. 31,
,
:
236,070
from
7,698,956
Net
.-
1945
$360,604
ry.
611,742
Other taxes
*
1948
Net
Depreciation
Amort, of plant
.
Ry..—Earnings—
$3 0b', 557
from
629,225
income taxes...
■*
Kansas City
1947
Jan.
Maintenance
Federal
*
'
of the
$467,953
ry.
Operation
adjustments
'
.
railway
oper. income—
From*
—V.
on
1948
Net
Gross
of stockholders
vacancy
"
be
Divisional
1948—Month—1947
-
director
a
said.
'
Cjarmngs
of
The New York
tin
ouues
t,
$491,647
from
,
the distribution
by
stock
.r■
Period End. Feb.—
-v
j
:
>,
.
railway____
from
Net
22^7
n
1948.
Mellon
and
corresponding period last year.—V.
fill
announce
1948, pursuant to which each share
value, will be changed into two shares of
holders
same
policies and
have made Gulf one
announcement
Coca
>
p. 2257.
a
Privatplv
Plapprl
4,
value,
Gulf
the
which
the industry.
in
of
annual meeting
Kansas Oklahoma & Gulf
.
_
J
„
amendment
An
Treasurer, who has been with the
been elected Executive Vice-President.
as
the
assure
„
June
Comptroller, with 28 years
Executive Vice-President.
1fi7
" |
and
has
years,
who
President
is
43,
period End. May
n.
#
4.
'InffCPSOll-Kailtt jGO.—-StOCK.'DlStributlOn
•'
Drake,
F.
Jr., former Assistant Treasurer, has been elected
succeeding Mr. Nelson.
W. L.
Naylor,
former Assistant
Comptroller, has been elected Comptroller of the corporation,
sueceeding Mr. Gidney.—V. 167, p. 1808.
Operating
__
Hubbard has been
V
•
board
Moorhead,
"
j
™
„
Powpt
20^0)
n
Treasurer,
fTiilf
1^
lflano rower go.-—^onas *Tacea Frivateiy—Piytn 6£
MrS'Dr.ke'a?pfesiSua,e Vice-President smce May- 1941' succceds
H.
M.
THahn
i'nto
■<
Chairman of
as
the
at
April—
wn
j
Vice-President and
conduct of
be
pj
.
"The
$20,000,000
1931 and a "Mellon-trained" man
the Mellon family for almost 30 years.
for 45
outstanding
will
tions
«
small,
stated,
was
sinfcg
with
elections
spirit in the
the
comparatively
director.
a
has also been
service,
c.
Hydraulic Press Mfg. Co.—New President—
years
succeeded
Gulf
Nelson,
Mellon
H.
as
is
been associated
*
,.
_
„
the active head-of this corporation, has
his present position as Chairman of the board.
He will
Mellon
„
_
created by the resignation of H. A. Toulmin, Jr.—V. 167, p. 46.
was
5,500.
exceed
through
434.
p.
Co., Inc., and Lazard Freres & Co.
Mellon, for 45
President
Kuwait
the' board
Munsell;
weeks
of
20,000
..
T_
in
about
sold
,:>t
.
Mr.
quarter
institutions which purchased them for investment of $10,n:
m
n
S
," 000,000 first mortgage bonds„-3% series, due 1978. The
t B,°Tard~)Vl1]
Director, Mellon Policies to Be Maintained r
issue was placed at 100y2 and interest. (See also V. 167,
i
continue to
of
in
now is probably about
•
as a
from
Mr.
investment
.
first
the
in
Donald P. Hess, of Springfield, Mass., President of the American
Bosch CorP- and a director of several other well-known companies has
been elected a director of Hungerford Plastics CorpV. 166, p. 1890.
These
year."
T\/r«n
Continue
retired
.
with
to only about $20,000,000.
However, it
probably will put another $15,000,000 or
Kuwait this
1X7
.
,
milled from the
were
will
May
are
^
Kroger Co.—Current Sales Rose 8% Over Last Year_
1948
was
2,757,973
§On
taxes.
for
machines
these
At that meeting It was proposed to leave tO' the board the;
no one had been chosen* tb
Net
1947.—V. 167,
of
approximately
were
this year
income
942.
election of the fifteenth director; since
fill the vacancy at that time.
Hungerford Plastics Corp.—New Director—
equal to about $3.39 a share on the capital stock
period against $1.73 in the 1947 quarter.
Production from Gulf properties in Kuwait in the
first quarter
the
estimated
of
p.
Harry B. Munsell, of Kansas City, Mo., has been elected a director
a vacancy on the board of 15.
; i , <v
advantage of
$38,500,000 compared with $19,700,000 in the like 1947 quarter.
earnings
and
including administration, depre-
of 1948, 465,482 tons of ore
property,, compared with 450,235 tons
company's
^^^horizedquarter of 1948'
indebtedness.
the first
depletion
and
production
All
:
167,
'} Two other directors—J. J. Weiss, New York City, a Vice-President
of the railway, and Thomas McNally, Pittsburgh, Kansas, industrialist,:
Gross
1946
In the first quarter
that
also, stated
to flit
.
$2,800,743
f;'$1.02
$3,552,241
bottle
Kansas City Southern Ry.—New Director—
'
1947
""After deducting all operating costs,
Cola
during
machines.
bottlers.—V.
Cola
*
-3 Mos. End. Mar. 31—
Coca
plant
the
since
Power & Light Co—V. 167,
P-
1008.
of
vending machines at this company's
April exceeded 5,000 units, the highest
product was. introduced in tho postwar period. Rex C.
Jacobs, President, announced on May 24.
The month's output ol
these machines approximated $960,000 at selling prices, he said,
t Price
of the unit was recently Increased $22, according to,.Mr,.
level
'
to
'
from
(F. L.) Jacobs Co.—Coca-Cola Machine Output Up-- /;
Production
Indianapolis
Hudson Bay Mining & Smelting Co., Ltd.—Earnings—
,
167, p.
$
»/lSSSii&SSS^S^& AgreementSee B0 g Wa
P' above'—v- 167»
1257-
•
'
fR
r
Co.
Oil
167, p.
,»
$
Z "Ir"""
_
§Per
r.ess
increased
,
•
May 11.
N^t
Gulf Oil Corp.—Increase in Capital and Indebtedness
#
to
$8,152,716 to $9,241,562. The number of
Shares Outstanding Increased from 689,606 to 723,171.—V. 167, p. 1695..
$227 760
IIM
.
Group No. 1 Oil Corp.—Merger Ratified-
_+
for
21
June
$1,263,306
_j
; Net rev. from transp.
Deductions ..^—-
...
and
^
payable
year,
During-the quarter from Jan. 31, 1948 to April. 30,1948; the assets.
.
See
fiscal
Investors Stock Fund, Inc.—Assets Increased—
3,4831 1'035'54"
,
W.-Hubert Beal, President of the Management & Development Corp.,
Alvin M.
Powell, Treasurer of Grinnell Lithographic Co., Inc.,
have been elected directors.—V. 167, p. 154.
'
$389,055
'
-
Great American Industries, Inc.—New Directors—
•
from transp.
—
)
M
R^SSSS;
...
has- been appointed.
167, p. 1364.
;-:T:'v I aM.
01
°<*MmS <*>"»**-—
2,775,711
1,303,035 " - *792,492
railway—1,846,399
?Pervin^e-ihoo U7'691
167, p. 1922.
♦Deficit.—-V.
,,1S.
12.360,000:
14,303.000
u
>>
324,712
.
MM;'
Honolulu Rapid Transit Co.. Ltd.—-Earnings—
500,894-
'"38,306
formerly 'Vlce-Presldent,
Vice-President.—V.
M
T
Gross^ron" railway-
Executive
1945
.
$2,622,000: $2,957,ooo
...866,420
.♦80,472
" Robert 'P. ^Williford.
,
■?
"
1547
Gross from railway—,..;. $3,019,000 -$3,746-,000
t
,
-
RK,—homings—
;
dividend of eight cents per share
a
current
a
.
v
the
May
centi*^.g:l67;.;^
total, $12,678,907.
Federal
,
of
record
nntoo
a™
Y V Insiiranrp Cii
Rnnrri Phnirmnn—
term nates payable (non-current), $1,600,000; reserves for continxsoara unairman
gencies, $1,000,000; reserves for abnormal plant costs, $200,000; series
director and Chairman .of the Executive Committee,.
B 5% Mist • preferred;* stock-tparvalue-$257 per- share), $3,487,000;;
has been elected Chairman of the board of this
company, Glens Falls5
rcommon stock (par value $25 per share), $1,500,000; capital surplus,
Indeminty Cm; Commerce Insurance Co. and. Glens Falls Corp.
$1,145,137; earned surplus>. $1,006,877;-total, $12,678,907.—V. 167, p. 46;'.
The,qsual quarterly dividend of 40 cents per share has been declared, *
'
,
.
*•',*'» V,..
payable July t to stockholder^ of record June 10.—v. 166, p. 1683.
Hilton Hotels
Glens Fall*
"
,
:j w. M. Bdwderi,
v*W l
.
,
quarter
28. This distribution is derived exclusively
from interest and dividend income. A
payment of seven cents per share
was made on March
20, last while in 1947 the following dividends were
paid: March 20 and June 20, seven cents each; Sept. 20, nine cents;
and Nov. 26, a year-end'of 10
,
,
second
stockholders of
*200,0(^aLuntrraSe, S,?l8r^MS
-ffe,
^
(2361)
U.
receivable
life .insurance, $40,357; property
plant and equipment (alter reserve
U for depreciation of $2,614,960),
'$3,637,746; goodwill and patents, $1;
preferred share. Giving effect
preferred stock, the outstand-
ing capitalizationwould show 730,000 commonshares afterthe split-up.
.7v;t5«''
$695,945;
S. Government obligations, $100,578;
(after reserve of $149,456), $3,060,413;
inventories (at lower of cost or market), $4,915,701; mortgage notes
receivable, $15,675;
postwar refund, Canadian
(estimated), $44,580;
investments in affiliated companies, $36,446; cash surrender value of
and
notes
530,000 shares and the conversion rate of the outstanding
convertible preferred stock would be changed from a share for share
•
' CONSOLIDATED BALANCE
'
-
' -r^
i
„rt„V
effective June 24, on stock of record
June 14. If the stockholders approve the action,
the common stock
outstanding as of March 31, 1948, would be increased from 265,000
The
r
COMMERCIAL & FINANCIAL CHRONICLE
THE
-
t/,>
v
<
>
.
.
./
Investors .Maaiigemeiil Fimdy Inc.—New- President-
--^See- Fundamental Investors,
Inc.
above.—V. 166, p. 1580,
Lincoln Electric Co.—Two New directors—
r
.
.
W: R;
Persons, General Sales Manager, ana K. F
intendent Electrode Manufacture,
p.-
747.
have been elected
^
Steingass, Super-,
directors.—V.
167,
(2362)
6
*
THE
Lion Oil
Co.—Earnings—
fev: 1948
before
$4,545,050
taxesl—u
&
State
Net
inc.
income
♦Earnings
1,566.202
taxes
;vr
stated
;
25
held
issue
to
would
40
dated
be
Oct.
Interest
years.
in;
from
bonds
the
to
15,
would
rate
be
Quarter
demahd
Net
The proposed:
in
mature
detei;min^d ;by
Earned
common
31—
-v..L
1948
-
$0.79"
share^^ikJy-
1947
-
•
tdeducribtt'bf^
1946
• •
^serviiih'the^^
$0.24
1,170,355 shares of common stock outstanding in 1948, 585,158 in
1946.
Michigan Bumper Corp., Grand Rapids, Mich.—Earns.
;
Net
One,
wildcat
new
on
19 announced the completion of Its Cowden
on May
company
discovery
well,
horizon encountered
pay
at
depth
a
of
per
M.
of
2,400
Crane County,
in
acres
is
initial
on
The
holds
company
of
area
this
under
discovery."—V.
approximately
lease
167, p. 2134.
(Including Wholly Owned
1948
Qtrs. End. Mar. 31—
The
2,000
company
SEC
-
1946
$6,787,089
$5,221,001
617,073
443,384
&
Depreciation
345,398
Profit
$3,503,323
share—,
per
from
Net
ry.
10,907
1,703,051
deducting
and
cost
company
•
Investment
war
of
$5,000,000
expansion program.
000 board feet
'
•
is
The
.
$149,066 '
*.
Gross
15,017
688,231
637,852
210,111
234,732
76,114
103,645
.income—
25,297'"
10,531
37,133
'
20,280
1948
•
126,851
49,400
from
ry.
**
$2,543,467
104,081
383.656
160,448
*76,635
railway—
income.
oper.
9,240,046
*526,561
982,731
*1,438,895
„
170,711
1947
1946
$1,767,768
$1,729
$1,681
NOTE—The
of
$2,677
$1,650
corporation as of the close
of
the
31,
$2,100
the
at
lime
As
had
outstanding 1,991,130 shares of common stock
a
par value of $5 per share.
The Long-Bell Lumber Corp. ownsv
practically no other assets.—V. 166, p. 1789.
the
from
Net
ry.
Gross
on
May
to
dividends
-V.
in
167,
connection
With
the
procurement
• *
2134.
p.
/•
•
of
certain
•
:
Net
>
in
7,601,703
30-year
*423;491
387,390
97,160
:
the
stock
*\
States
preferred
Lumber
stock
at
Co.
•-
.
of
excess
that
for
cash,
held unissued.—V.
or
167,
Missouri Illinois RR.
(
April—
Gross! from
has
agreed
to
accept
Net
>'
Net
Lonsdale
Co.—Common Stock Offered to Stockhold¬
of. Textron, Incorporated—See latter
company below.
—V. 167, p. 1923.
*
fr^om . railway-1
157,673
fy.
income
oper.
$371,144
173,980
,
L'l,094
88,513
,
From Jan. 1—
from
Gross
ers,
Net
from
Net
1,437,139
1,258,060
1,032,132
1,104,396
610,151
566,103
374,744
491,650
305,772
288,184
179,913
R. J. Morfa, Chairman of the board, on May 7 stated that the Katy
management is "actively studying" plans, for recapitalization. He said:
"The- management
is
actively studying the company's
adjustment
mortgage bond interest problem and considering a recapitalization
plan for .its preferred and common stocks.
These studies are being
made with a view to formulating a plan that will improve the
capital
RR.—April Earnings1948—Month—1947
revenues
$2,107,568
1,591,885
expenses
1948—4 Mos.—1947
$2,023,833
1,466,435
$9,161,266
$7,981,298
7,165,074
structure of the company."
6,005,992
and
It
under
Net
oper.
revenue
$515,683
Taxes
,
245,787
Equipment
Joint fac.
rents
(Dr)„
$560,398
247,957
5,372
rents
$1,996,192
'
45,821
30,693
31,981
Bill,
$1,975,306
846,140
—V.
238,444
134,970
when
such
-
,
.'
-
plan
is found feasible, it will be worked out
the recently enacted Railroad Recapitalization
decision in this respect has not as' yet been
out, nor has a detailed plan been drawn up.
a
Morfa said.
income.
ry. oper.
income
Other
$232,543
Gross Income
Rentals,
interest,
$235,927
10,654
10,674
$243,197
104,543
etc
-
he
pointed
167, p.
2032.
v.-
137,204
$802,682
44,311
<
E.
43,496
C.
■
Scrulock,
been elected
ceeding
$246,601
/
104,251
$846,993
$809,740
415,496
in
2,034,299
Inc.
below.—V.
165,
•
2801.
p.
has
just issued a 32-page illustrated book which
the steps taken over a* period of 20 years to
its present position in- the industry. The annual
calendar year 1947 is also reviewed therein.—V. 165,
form
story
the
Net sales
Profits
—V.
1948—Month—1947
_.—...:
$2,460,548
-V.
income
$138,654
$142,350
President of Scrulock Oil Co., Houston; Texas, has
director of the Missouri-Kansas RR. Col of Texas, suc¬
a
W.
P.
Bomar,
Fort
Worth,
Texas,
417,389
$431,497
director
a
of
the
parent company.—V.
who
167,
recently
was
1811.'
p.
elected
:
before taxes..__
167,
flncluding
105.976
85,078
1,034,314
Ended
Wholly
March
Domestic
167, p. 1924.
I
per
share
common
1947
506,117
$4,600,775
74,403
$0.35
'
$0.33
$0.36
2421.
p.,
i
National Dairy Products Corp.-r-Debentures
Offered—
from
Net
Joseph C. Little, of Cleveland, O., partner in one of the largest law
in
the Midwest,
has been elected a member of the board of
and
Secretary of this
-Little,
of
Jones,
Day,
ry.
&
Cleveland,
Goldman, Sachs & Co., Lehman Brothers and associates
May 27 offered $30,000,000 3% debentures due 1970
at 102 and interest.
Entitled
to a sinking fund sufficient to retire not less than 2%
nor
4%
of the 3%
debentures due 1970 theretofore issued for
the years 1950 through 1954, not !e s than 3% nor more than
for each of the years ia.55 through 1959, and not less than 4%
nor
than
6%
than
more
8%
for
each
of
the
debentures
on
the
New
CAPITALIZATION,
York
Stock
GIVING
1960
years
:LISTING—Corporation has agreed
to
its
EFFECT
TO
1969.
best
efforts
stock
Common
♦Subject
to
of
debentures
flncludes
1970
PRESENT
$49,000,000
*
restrictions
set
any
series
be
may
forth
issued
in
30,000,000
the
6,279,912
indenture,
without
shares reserved for issuance
275,335
FINANCING
par)......t8,000,000 shs.
the
associated
ry.
—V.
Aldn
D.
limit
under
the
167/>iv2134.
development.—V.
167,
p.
Gross
amount.
terms
of
of
from
ry.
000.000
of
seasonal
May
current
26,
notes
borrower
of
1948,
the
payable
funds
on
to
corporation
banks.
short-term
a
carrying inventories, which borrowings
summer
season.
The
are
had
outstanding
normally
maximum current notes
at
Net
Maytag Co.—To Construct New Factory—
Fred
one
automatic
for
washer
will
get under way immediately. The contract calls
the building by Dec. 1, after which
equipment will
production started early in 1949, Mr. Maytag said.
completion of
be installed
and
"The
ry.
new automatic washer
will supplement, but in no
way replace,
Maytag products," Mr, Maytag added. "The' facilities of our
existing factory will continue to be used for production of conventional
type washers."—V. 167, p. 254.
present
L.
Moody HI, prominent Texas business man, has been elected
.
,
55,937,396
75,413,903
11,535,524
31,877,721
plans now under
director
a
Also
and
named
selected
to
Chairman
serve
on
the
of
the
board
board,
.
K.
was
D.
I :
Owen,
leading
Mr.
Oil
Owen,
Co., and
Bank
&
an
a
Trust
..
,
Independent oh producer, Is President of Gulfshore
of the
Federal Royalty Co. and the
Fidelity
167, p. 2135,
■ - k:
director
Co.—V.
sidiaries
sion
$159,760
1946
1945
$220,334
19,440
16,790
215,193
65,219
64,441
*129,225
52,048
*52,555
53,L'56
307,746
1,041,862
838,$01.
152.419
293,463
738,149
45,586
income...
49,243
./
1—
railway
railway
income...
167,
p.
223,715
1924.
215,364
175,287
97,892
•
quarterly
dividend
1943
,
STATEMENT
OF
sales
-
,»,•
1946
'
$4,249.?42
;
178,095
SO.od
outstanding
on
FOF
;t.*■■-
311,326
$0.61
EARNINGS
1947
$5,938.098;
324,026.
requirement
preferred
*
THE
12
MONTHS
31, 1943
w.-x.
$28,057,617
profit
5,537,423
Selling, administrative and general
profit....
income
expense
2,952,770'
$2,584,658
...
^
...
;
"•*71
25.303
'
'■
' i
'
—
.income
Other
Taxes
on.
income
i
$2,609,966
deductions
...
(est.)
of
would
require the expenditure by subapproximately $90,000,000 during the
of
plant
equipment
and
the
construction
of several
new
41,360
993,290
-
Net
profit;
'$1,570,317
——
per common share
♦After preferred dividend requirement;—V.
....
167, p. 1924.
;
$2.99
.
-
.
*
undistributed
earnings and the general funds of the corporation
by the proceeds ; l'rom the sale of the debentures now
corporation may nevertheless incur additional indebted¬
to finance the program Of for other purposes.
"
*'
1
ness
The
^
5
Since these capital expenditures will be made
over the period ending
temporary increa'je in the general "
funds of the corporation as a result of. the sale of- the debentures.; >
Accordingly, the corporation plans to prepay its current notes payable
to banks from its generak funds promptly after the sale of the deben¬
tures and expects that there, will be a substantial curtailment during
1943 of customary seasonal short-term borrowings,
The current notes
with
the
year
1950, there will
be
a
payable of $13,000,000 as of May 23, 1948; primarily .incurred to, "'
replenish general funds used for capital expenditures, are held by the
following banks; Central Hanover Bank & Trust Co., New York; Chase
National"; Bank, New York; Chemical Bank &' Trust Co., New York;
Continental
Illinois
B*nk;: "New
York;
National
Bank
&
Trust- Co.
of
Chicago; Corn
Exchange National Bank & Trust Co., Philadelphia; Guaranty Trust Co.of
New York; Manufacturers Trust Co., New York; Mellon National Bank
& Trust Co., Pittsburgh; National City Bank of Cleveland; National
City
Philadelphia
Bank, Washington, D. C..
National
Bank;
and
Riggs
National
3
.
-
'The corpcraflott'may find it expedient in the near future
♦Earned
^
plants.
augmented
offered.
$6,963,338
.
Total
consideration
corporation
expenditures are intended to replace existing equipment, im¬
prove operating efficiency, and to provide expanded facilities.
As these
expenditures are made, the annual provision for
depreciation
will
increase from present levels, largely due to higher replacement costs of
new equipment and the replacement of fully depreciated assets.
It. is
expected that over the period ending with the year 1950, $40,000,000
or more required for these purposes will be provided
by normal charges
for depreciation, and that the balance of the funds- will be obtained
from
fctock.
Other
the
..
243,794-
•
—
Operating
of
I
These
,
a
consulting geologist of
Houston, Texas,,
Mr.
Moody is
President of
Pan-American Exploration
Co., Inc.;
Executive Vice-President of American
National
Life
Insurance Co.;,
Vice-President
of
National
Hotels;
Vice-President
and
director
of)
News Publishing Co.;
and
an
officer
and
director of many other
organizations.
.
5,678,3561; 11,420,123
1947
3 Months Ended March 31—
Net
and
1948 through 1950.
It is contemplated that a substantial part
of this'expenditure w.ill be for new trucks, passenger cars, ancl electric
refrigeration cabinets, and the balance for modernization and expan-
Net income after taxes:
♦Earned per common share^.w...—
Gross
-
with
7,808,615
ENDED MARCH
Mexican Gulf Sulphur Co.—Elects New Chairman—
W.
>■
years
oper.
♦After
proceeding
additions,
15,732,757
Moore-Handley Hardware Co., Inc.-
■
now
are
63,704.465
railway
railway.
Net sales
'
net
.
as
>
*•
■
sidiaries.
RR.—Earnings—
."♦Deficit.—V.
Maytag H, President, On May 12 announced that the construc¬
a new $5,000,000
factory (with 250,000 square feet of space, all
floor in Newton, Iowa, for the
production of the new Maytag
tion of
on
*
from
Net
-
peak during
payable in 1947 was
a
6,078,677
1948
from
"•
2,636,761
1,005,760 :
2135.
From Jan.
Gross
$13,-
The. corporation is also a
basis for the purpose of
13,687,587
income—
oper.
•
7,394;285'
l2,513,809
>
the
employees' share purchase.plan.
a program of plant and equipment
approximately
$22,500,000
having
been
expended for such purposes in 1946 and $32,000,000 in 1947.
Tentative
from
Net
Net
shs,'
additional
to
as
67,945,489
railway
railway
oper.
Montour
Morgan joined this corporation on May 15 as Admin-.
istrator of Research and Development. He will be in
.charge of market,.
research as well as chemical research and
development. For the past
two years he has been with W, R. Grace & Co.
.in New. York in'
research and
1,616,001
April—
P.
charge of chemical market
3,376,223
the
Outstanding
♦
1970
(no
list
to
,
Authorized
due
debentures due
3'k
through
use
Exchange.
.
debentures
replacement
from
from
Net
succeeds
Mathieson Chemical Corp.^—-Research AdministratorDr.
4,228,129
2,165,333
income...
oper.
Net
Reavis,
railway
railway
From Jan. 1—
Gross
company.'
Cockley
:
proceeds will be added to the general funds of
the corporation and used in connection with its expansion program.
During the war years it was impossible to make normal replacements
and additions to plant and equipment.
The corporation and its sub-
1948
1947
1946
*
1945
$17,463,617 $15,961,934 $13,284,028 $18,594,003
from
Net
firms
Mr.
.
1946
$5,358,474
515,000
PURPOSE—The
:
April—
Gross
the late Thomas H. Jones, also of that
firm,** who had been
with the Martin company since 1916.—V.
167, pi 1924.
v,
893,'214
Subsidiaries!
1943
Income
166,
-
'
(& Subs.)—Earnings—
Owned
31—
$6,277,000
—V.
T
:
2259.
p.
Quarter
•
$1,868,470 $19,468,516 $15,501,129
National Cylinder Gas Co.
the
Missouri Pacific RR.—Earnings—
$392,351
(Glenn L.) Martin Co.—New Secretary—
directors
-
1948—9 Mos.—1947
$30,500,000.
Net
•
company to
NOTE—As
$766,244
'
4,164,745
432,623 "
2033.
p.
Laboratories,
A
Missouri-Kansas-Texas RR. of Texas—New Director—
Net
♦176,599
National Bellas Hess, Inc.—Sales and Earnings—
23i %
the. provisions of
Mr.
reached,
833,414
212,400
13,769,509
1,738,205
666,620
337,516
214! "
p.
more
Missouri-Kansas-Texas RR.—Studying Recapitalization
Electric output of this company for the week ended
May 22, 1948,
35,621,000 kwh., as compared with 33,162,000 kwh.
for the
corresponding week last year, an increase of 7.4%—V..167, p. 2258.
Pwiod End. Apr. 30—
*116,003
9,922,694
each cf
totaled
Operating
Operating
214,107
10,183,579
Strauss-Duparquet, Inc.—Acquisition—
for
report
146,311
railway
oper. income—
167, p. 1924.
Louisville Gas & Electric Co. (Ky.)—Weekly Output-
Maine Central
294,649
1,126,362
407,471
on
railway
ry.
—V.
$3,441,333
93,513
2,240,701
167,
'corporation
bring'this
Earned
1945
k
i 1946
;$314,693
$276,982
115,641
r
128,231 f
64,170
35,254
1947
i,
$374,064
1945
'
$2,476,305
485,396
Sales
Earnings—
1943
v
railway
1946
11,856,313
Period End. Apr. 30—
2135.
p.
•
Earnings—
1947
$2,618,065
income...
Universal
The
required, in addition to proposed bonds, to
(approximately $10,336) will either be issued
indebtedness
To Build
—
719,546
income.
oper.
retraces
-
.
in
par
$0.65
$2,967,590
railway
railway
Nathan
-See
obligations -to ;he; sold; at.,
outstanding first mortgage bonds andvsecond
United
and
such
over
outstanding-...
National Automotive Fibres, Inc.—Issues Booklet—
to issue not:-exceeding
and. 111,210. .shares of.
bonds
shrs.
com.
6,740,134
unissued.
the
the
par
railway..
railway
from
ry.
*1,013,433
company
p
193,703 *
1948
_•
.
oper.
Net
Net
equipment.
>'
notes,
of
at
and
obligation
assume
held
or
of all
bonds
new
of
excess
refund
company and the Pennsylvania
liability, jointly and severally, as
guarantors, in respect of not exceeding $4,035,000 2%%
equipmenttrust certificates, series K, to be issued by
Fidelity-Philadelphia Trust
Co. and M. S. Altemose, as trustees, and sold at 99.2699 and accrued
BR.
cash,
owner
stock
authorized the
18
the
298,600
on
from
113,571
exchange therefor and >
to
surrender for cancellation
all
of
the
outstanding first mortgage
bonds and second mortgage notes.
The $2,662,900 of bonds now held
in the sinking fund will be canceled at the same time. *
Any preferred
Long Island RR.—Equipment Trusts Authorized—
ICC
4%
mongage
any
mortgage
of
The
for
period was the owner'
1,007,801 shares of tjje common stock of The Long-Bell Lumber Co.,
which
1947;
-
from
223,472
.
noncumulative first
par
loss
first
authorized
1948
taxes—
From Jan. 1—
preferred stock (par. $10% to be exchanged-k
for outstanding first mortgage 5%
bonds due July 1;. 1949,. in the
principal amount of $1,437,100, and second mortgage 6% notes in the
principal amount of $675,000, of which $664,664 was due as of Dec.
1945
$2,677
May 17
and
2106.
p.
1924.
167, p.
on
share
per
166,
♦Deficit.—V.
9,306,644
31,
MARCH
$4,900,343
April--—'
1945*
1946
♦149,298
railway-
ICC
5Yz%
•371Net
RESULTS FOR QUARTER ENDED
sales
Nashville Chattanooga & St. Louis Ry.
190,997
92,059
$2,017,253
-40,152
-
income..
^Deficit.—V.
$1,000,000
$1,650
*
v*
Mutual Life Insurance Co. of New York
Mississippi Central RR.—Securities Authorized—
$1,681
a
•
V. 167, p. 2259.
-
int.
like 'amount ot first
a
8%
Printing Ink Plant.—See Interchemical Corp. above.—
543.327
527,174
.
1947
•
$2,518,102
railway
from
Net
annually.—V. 167, p. 1810.
bef. deduct, for
-
of
preferred stock (par
property additions, .etc.
•••;• {
subsidiary of American Water Works Co., • Inc.—
income after charges
Gross
railway-
oper.
Net
step in the company's post¬
The new mills produce approximately 92,000,-
Qtr. End. March 31—
1259.
p.
shares
Munsingwear, Inc. (& Subs.)—Earnings—
f,
Net
$132,708:V -$136,448
32,946
13,243
1948
from
ry.
The
Loss
is
company
167,
From Jan. 1—
Long-Bell Lumber Corp.-^Earnings-
;
the proceeds, $870,000 was used to redeem'
—V,
1—
from
Gross
major
a
Securities Placed
—
1945
167, p. 1924.
-
and
01
.
Net
Minneapolis St. Paul & Sault Ste. Marie RR.—Earns.—
President of Long-Bell, said the purchase represents an
M. White,
J.
market
at
2135.
1946
39,751'
April—
purchase of two sawmills
Co., Gardiner,
Water Works Co.
mortgage 5s due 1965 and 2,500
$100).
The balance was Used for
Net
and extensive timber holdings from the Gardiner Lumber
Oregon.
sold
p.
1947
$173,500
railway
railway
oper.
Net
the
•
(Ind.)
the
Kit¬
and the
$0.27:
$0.30
*
April 29 announced
on
ry.
—V.
railway.
Jan.
Net
$534,231
$591,862
-
Privately—The company in March,. 1948,; sold privately ?
$1;200,000 first mortgage 3V4%- bonds/Series A arid; 4,000
shares ;of 4.65 % fcumulatlve
#refStock(par- $100)
:
with
-Earnings-
railway
income—
from
Net
Acquires Properties—
and.
'
Underwriter,
par)*.-
The stock will be
working capital.—V. 167,
from
Net
expenses
amounting to $14,753,001 in
tBased on 1,991,130
$8,529,691 .in 1946.
1948, $12,496,216 in 1947 and
common
shares outstanding.'
Harvester
notification
of
($1
Chicago.
for
oper,
From
Gross
1,012,820
376,133
$2,728,199
$1.37
$1.76-*
stock
common
1948
from
Net
306,794
326,724
11,433
249,262
969
2,207,085
used
$2,192,000"
$1,556,377
328,213
810
—
Murphy,
"a' letter
filed
19
of
April—
income
taxes
The
the..
}.*;£.
May
on
shares
6,000
Midland Valley RR,
1945.
458,798
—
State
&
Gross
depl.; deprec. and int.
Depletion
■h Muncie
.
$2.02r,rf v v; $1.23i
Earnings
Subsidiaries)
1947
for
proceeds
^
.
tax
/%"i- \
Mid-Continent Airlines, Inc., Kansas City, Mo.—Files
,
':
inventor^ wntingchcy of $200,000.—V.167rp, 48. !
$2,607,349
392,964 k' t 239,536:
to $682,404 :from
rose
with SEC—:4"
♦Gain before deduct, for
♦After
•
V.
chen
t&arnings
J
announced:
Long-Bell Lumber Co.—Earnings—
Interest-'
Fed. and
,
Chrysler, Studebaker, Willys-Overland, International
White Motors;"
See also V. 167, p. 2135.:
: ■■ .f
state
test.
in the
acres
\
j '
taxes.
$485,108 reported ft;year ;earlier.
C. A. Woodhouse, President, pointed out that, "unfilled: sales: orders
at Dec. 31, 1947, approximated $2,250,000.
These orders are from a.'
well-diversified
group
of manufacturers,
including. General: Motors,
;-
Texas,
potential on the Lion DeGeer No. 1 well Barber
Kansas wildcat completed May 19, is 4,714 barrels per day.*
the well previously reported as flowing 29 barrels per hour-
County,
This
President, further
Martin,
official
"The
and
'
the
$584,736,
and
1946
$3,694,619
*.
.
charges
.
To date this year, the company has drilled and completed, or par¬
ticipated through partnership interests in the drilling and completing,
of 35 producing oil, gas or gas-condensate wells and three dry holes.
At present the company is conducting development on 14 other
wells%
T.
-
after
Earnings per common share.
i,Net working capital at the 1947 year-end
hour from a
approximately 2,800 feet
barrels
14
income
%1947
.
,
block
a
flowing
B
sales...
Net
Completes Another Wildcat Well—
The
>
•
Calendar Years—
*
.-i'20Q,00^';i(p^.
,
♦On
1947 and 435,132 outstanding common shares in
»
; t$l99,459
v^'% $0.74
possible future Inventory depreciation, and after Federal- taxes in
amount of $498,114.
tAfter taxes of $199,459, which included a
carryback of $432,000. J After provision for Federal taxes of
t
•
Corp.—Earnings—
March
after %axes_^_i.-i.-$$670,983*$628,232
per
at:
t.
Ended
earnings
not
sale
'»•',%
Monday^ May i31, 1948* ^
Motor Wheel
Michigan
retire
would
and
1943,
p..22591
corapetithe bidding.^V,/167,
$0.67
permission
$75,000,000.
by the American Telephone & Telegraph Co.
than
more
requested
company
Commission
debentures
^ $293,191'
$307,783
$0.71
May
S.'
notes
V
$1,391,216
$2.38
$2.55
P.
Not
746.3395
$2,988,848
;—
share—
per
On
.1946 Wrtb 1945
$2,137,555)
:
Fed.
-i •.%'
Michigan Bell Telephone Co.—Proposed Financing—
1947
Qtrs. End. Mar. 31—
Profit
COMMERCIAL Sr. FINANCIAL CHRONICLE,
to
borrow
a long-term basis up to $4,000,000 in Canada,
payable in Canadian'.
funds, in order to finance capital: expenditures and additional working *
on
capital for expanding Canadian operations.
%
Of
Number 4703
THE
& FINANCIAL GHRONICLE
(2363)
il
incorporated lrt;
'1923» is' primarily a ttoldlhg comp'any' Whose operating subsidiaries are
-engaged principally in t,he .purchase'. manufacture oiV processing; arid
distribution Of. diversified lines of dairy products.
< .A number of subsidiaries, operating in -many cities arid tbttns,
chiefly
east of
the Mississippi River, purchase,
process,, and
distribute," at
^.-BUSINESS—Corporation, which
Deift\pareiDec/^,-i' I' National Investors Corp.—Earnings—<
;
was
wholesale and retail, fluid milk and cream as well as fluid milk
ties.
Ice cream is manufactured by a number of
east
of
v
the
Mississippi River,.'and is; distributed at wnoiesa'le,
generally-in localities within trucking distances of the plants.
Certainsubsidiaries operating
in various butter producing areas purchase*
manufacture, and distribute' butter, and- a number of the subsidiaries
engaged in the distribution of milk also deal in butter.
v: Kraft Foods: Co,, asubsidiary, purchases,, ages; imports; Inanufactures, and processes cheese and cheese products.
Kraft Poods Co,
:also manufactures .mayonnaise,
"Miracle
Whip,"
and
other
salad
dressings and "Parkay" margarine. ; This company distribute cheese;
salad
users
-
whereas
cally
-v.
'
for
INCOME
,
/
*
,
j
;
Its; domestio subsidiaries .in IS47
were,
Goldman,
Sachs
C.
A.
&
Co._$2,495,000
Brothers-
.Lehman
2,495,000
Allyn and
Co.,
200,000
American
Inc.
&
Co.,
„;
90,000
and
&
Bacon,
Inc.-
&
Bear,
Stearns
A.
Becker
&
Co.,
Blyth
&
Co.,
Bosworth,
Co.
.
Laurence
Burnhatti
Central
and
W.
175,000
200,000
Coffin
&
C.
Burr,
90,000
Co
&
Moore,
F.
S.
150,000
Co.,
Stanley
90.000
&
Curths, House & Co.—
Dempsey-Tegeler & Co.
90,000
&
R.
175,000
Putnam
60.000
Emanuel, Deetjen & Co.
120,000
&
Equitable Securities
V Corp.
——
&
The
First
The
L.
Co.
&
Chas.
175,000
&
Co
60,000
Shields
Sunstein & Co.
90,000
Glore, Forgan & Co
Granam, rarsons « Co.
Granbery, Marache &
600,000
Singer, Deans & Scribner
Smith, Barney & Co—
120,uuo
Stein
Co.
90,000
Hallgarten
Halsey,
Co
&
Stuart
200,000
&
Ripley
(Inc.*
300,000
-—
Frederic
Hatch
H.
- Co.,
Inc
Hayden, Miller
Hayden, Stone
&
90,000
—-
&
Co.__
175,000
&
Co.
American
seeable
750,000
150,000
450,000
Weld
450,000
'•"■The
100,000
Dean
Weeks_-
300,000
Yarn All
&
*Name. may
90.000
&
"
Co
Weeks
Witter
\
is
&
Co
Co
"Experience
Thus,
the American
30,024 to 34,606.
that
women
Securities
own
Series,
According
attempt
its
to
Mr.
the
on
sa'es
and
$
38,423,390
51,425,497
year
Simonson,
part. of
2,022,256
of
the
report
investment
any
shareholders
government and
of
what
happens
the
the
to
the
.
the
maintenance
believed
is
importance
the private
Total income
40,851,174
and
Federal
normal
Federal
excess
Net
inc.
tax
profits
and
possible
declines—
Balance,
167;
—
■"Earnings
i
.
of
from
23,159,391
Earned
profit
shares
per
25,443,817
opers
us
$9,062,201
—u—_
outstdg...
share.——
156,250
-
$19,192,010 $15,242,726
55,125
*
.96,292
3,381,006 &r 7,366,000.
$9,343,305
163,598
; '
,5,840,000
6,090;000
$5,524,951 $11,770,885
$9,306,434
7,977,771
7,977,771
2,659,257
^
$0.69 V - V S1.47 :•#'-?• $3:50
$3,089,707
2,280,275
-
depreciation: andreserves—V.-167,
p.
Nehi
422,467 shares of
v '
-
$1.35
1811.
common stock offered to them
May 24. W. E. Hutton & Co. and Blyth &
Co., Inc., as managers of the group which underwrote the
offering, have placed the remaining 15,665 shares privately. Eor furtherVdetails^ including names of under--
writers;
see
V» 167, p. 2135.
167,
correlation
.
.
New York
Intel-state .Commerce
their own behalf and
in
Commission,
the
not
did
stockholders
were
I
the
following
statement in Cleveland, O.:
candidates for election (to the board
not
were
York
Central
we
by
stockholders, Mr. Young and I
they vote their proxies for the
that
York Central stockholders
lot-warded
these, with our power
New
the
York Central
New
Creek
Beech
stockholders
The
on
4%
^
before
or
bonds
linlited
Aug.
167,
substitution,
4
*"*
to
*
2259.
p.
first
new
a
authorized
27
the
(when company's
1951
$12,000,000
of
have
man¬
proxies
Co.—Financing Approved—
April
on
1,
mature)
to
above—V.
RR.
their
sent
management."^
Control of Beech Creek RR.—
at
interest
an
initial
to
exceed
time-
any
first
the
not
rate
at
execution
$10,985,000
mortgage,
mortgage
series to be
4%.—V. 167,
2259.
Life Insurance
Co.—Changes in Personnel
George L. Harrison has been elected Chairman of the board and chief
officer
executive
1,
of
President
Harrision
New
York.
York
and
has
the
the
as
directors
1945.
He
since Jan.
Co.
been
six
past
has
been
since
Life
the Federal Reserve
of
Board
the
Jan.
Bank
the
of
Harrison's election
Mr.
years.
Josephs
York
New
Chairman
no
C.
officer.
the
been President of
has
that
to
of May 12.
of
New
been
has
15,
1947.
York,
New York New Haven
Net
oper.
ry.
also
is
167,
of
New
of
Life's
board
of
Consolidated
the
1590.
Hartford
&
York
director
a
p.
RR.—Earnings—
1948—Month—1947
1948—4 Mos.—1947
$14,069,144 $12,938,642 $55,697,771 $50,103,963
1,636,775
838,479
535,826
793,988
revenue
income-
oper.
member
a
He
Inc.—V.
Period End. Apr. 30—
Total
enterprise system.
of
Josephs, who will become President of the New York Life on
1948, has been President of the Carnegie Corporation of New-
since
Edison
as
Devereux
administrative
President
1,
York
first
nation
chief
the
for
and
company,
been
There
Life
June
our
the
of
1941, having previously
New
outlook
of
all
factors
comprising
Number
of
$322,222
$365,143
137.000
132.000
143,000
$197,632
$190,222
The
1,030,000
1,030,000
$0.19
$0.18
$0.22
}..
the
May
21
•'
••
week
■
'•
•
'■■*■■■*
; ■
•
New Haven Clock & Watch Co.-—New
stock
G-.
H.
Walker
holding of Paul V.
Net
Taussig In.
May 19 by Max A. Geller; a'
company and a group of clients of Reynolds & Co. and
& Co. The resignations of Messrs. Eisner and
Taussig
166, p. 2212,
company ori1 Ma£ 19
$6,000,000- of first mortgage
to
finance
transfer
of
of
its
com¬
New
York,
Earnings— -i?
1948
1947
1946
$431,903
$367,911
$300,157
137,637
116,960
60,893
188,743
49,347
40,441
*17,025
75,814
1,735,049
1,363,203
1,389,505
'431,992
1,657,423
373,271
119,600
45,882
203,616
1945
$426,424-
railway
railway
from
468.594
income-
oper.
^Deficit.—V.
167,
37,413
,
638,659
2034.
p.
Niagara-Hudson Power Corp.—Asks SEC for Extension
The
Nov.
corporation has applied to the SEC for
1, 1948, to dispose of its interest,
Niagara
Electric
Hudson's plan
mission
on
Corp.
and
for disposal
Oct.
4,
1945,
of
and
May
1,
1948,
plan
to
simplify its system
to
pany.—V. 167,
carry
p.
Buffalo
out
this
interest
and
to
was
six-month
or
extension
indirect,
in
subsidiaries.
approved
to
Buffalo
Niagara
the com¬
by
given
until
corporation is working
eliminate itself as a holding
com¬
later
its plan.
a
direct
Niagara
this
corporation
was
The
on
a
1812.
•
New Jersey Power & Light Co.—To Issue Bonds—
The
the
Susquehanna & Western RR.
from
Net ry.
•
Eisner and Max
facilities for
From Jan. 1—
President, Etc.
accepted and James Heitzmann .was elected President of the
company. Mr."Heitzmann has already assumed his duties as President.
•
established
front
Gross
■■
were'
^-V.
company has
railway.
Net from railway
Net ry, oper, income—
.
the company were acqutted
privately on
director of the
$200,000
$100 par value stock at the Guaranty Trust Co.
Broadway, New York, N. Y.—V. 167, p. 2259.
New York
is
p. 2259.
common
$200,000
April—
reported at 172,052,000 cu. ft.
This is an increase of
26,529,000 cu. ft., or 18.23%, above production
of 145,523,000 cu, ft. for the
corresponding week a year ago.—V. 167,
The
$1,772,575
mon
the week ended May
21, this Association yeports electric output
14,871,639 kwh;: This is an increase of 1,043,885 kwh., or 7.55%,
above production of 13,827,754 kwh. for the
corresponding week a year
for
861,316
tax cred.
$222,143
1,030,000
shares
share.—
output
$269,886
income
Stock Transfer Facilties Established—
1946
1947
1948
$334,632
—
New England Gas & Electric Association—Output—
Gas
2,146,357
1,100,467
basis)-
Fed.
carry-over
of
-'
2,534,543
■"•■Includes
For
•
1,250,409
contingent
(reorgan.
JIncl.
Gross
:
fixed
1,943,154
and
int.
140
tommon
per
fixed
fixed
profit before taxesc;^—J——
for
alter
income
chgs.
Corp.—Earnings—
taxes'^'
avail,
charges
,:'Net
our
asked
bonds
company's construction
SEC
due
permission
1978,
program.—V.
issue and sell
Proceeds will be used
167,
to
p.
2033.
§
all their proxies for the entire management
recommended
Many
and
See
of
1154.
p.
ago;i:^.^-;t
ton May 10, 1948, at $12.50 a share in the,ratio of one
'share of additional common :for each four share®: of coinjn
mon held; The subscription warrants expired at the closO
of business
"proper
a
*,Net profit
;s
National Gypsum Co.—Stock Subscriptions—Stock-holders of the company subscribed to 406,802, shares of a
total of
upon
system."—V.
3 Months Ended March 31—
Net
.
_
.
^
Chesapeake & Qhio Ry. Co., whose request
Central's board of directors was
the
issued
and
New
voted
Mr.
•
Owned Domestic Subsidiary Companies)
1948
1947 1946
•
V 1945:
loans
the
be
—V. -167, p. 351. r
Corp.—Earnings—
'* '•
.
'
operations of the Boston & Providence RR., but excludes'
charges of that compan.v
under the
plan of reorganization.
Also includes accrued and unpaid
charges against Boston and Provi¬
dence properties for Boston Terminal Co. taxes and bond
interest.—
business
Federal
14,113,579
;
Income
Earned
Wholly
bank
on
V '"After
14,113,579
2135.
^or Fed. inc. taxes:
Net
No.
30,443,817
5,000,000
——
surplus.
p.
(Including
Prov;
7,185,000
21,240,000
inventory
future
Quarters End. Mar. 31—
Interest
20,500,000
tax_:
National Distillers Products
-
825,897
23,159,391
for
price
7,332,889
886,004
15.000,000
surtax
50,697,365
1,617,932
1,066,£00
taxes-
profit—1
Prov.
-V.
franchise
53,447,754
1,624,982
deductions.
income
Young
to
^
State
;s
who were nominated from the floor.
received only 614 votes each, compared
Co.,
the
contest
any
Bowman
elected
bring home to
between capital,
them and
to
be
to
to
company
interrelationships
a
dependent",
2,423,384
■
Income
*
Bowman
by
New York
48%- of the outstanding shares of
report's easy-to-read editorial section
important influence women can exert
for
figure,
improve¬
substantial
In a statement released with the report, Mr. Simonson said: "Con¬
sidering that open-end and closed-end investment companies collectively
have assets of about $2V2
billion, owned by approximately one mil¬
lion shareholders, it is recognized that through the medium of annual
and
interim
reports to shareholders, the investment companies, be¬
cause of substantial ownership in business corporations through
their
portfolio holdings, car be a dynamic force in bringing about a realiizatipn on the part of the American investor tliat profit in business is
48,273,981
2,427,783
profit
income-
and
whole
a
897.323,455 742,408,587 632,768,828'
858,900,065 690,983,089 584,494,867
expenses-—
Operating
Other
$
labor
1945
$
i
Cost
thousands
Ry.
Mr.
office is effective
.
1946
Ohio
&
officers of the
agement.-
p.
investor."
and
This
share.
a
deficit of $10,449,268.
at maturity or by purchase
net
a
15
freedoms-
60,000
194.7
of
recently
from,
forecasts
concluding
over
the
:
<
report
conclude that
we
,(l
-
<
New, York Central) and our names were not presented to the
stockholders in the proxy statement.
In answer to the many inquiries
a
advance.
,
$703,340,527, or 14^, higher
1.6%
under the record high
only
retired
company
New York Dock
earnings and dividends is
is also important that
favorable for
the
and
two
Mr.
it
continue to
to
1947, Mr. Metz¬
year
were
has
by
more
designed to make clear the
the
fight against Communism
in
CONSOLIDATED INCOME STATEMENT FOR CALENDAR YEARS
Nqt
for
generally
is
May 28,
on
industrial
of
from
security prices, the
activity throughout the
'
^
5
4,692,076 cast for the management slate.
Mr.
175,000
Inc.,
is
National
175,000
be changed to Robert W. Baird & Co.,
J.
."Mr.
*
and
must
\
of .the
year ended
April 30, 1948 shows that
Securities
Series •'increased
from
$40,486,-
business
with
and
company
i
•
1947
and
year
the
'
.
-
representation on
that
its shareholders.
outstanding debt,
interest
slate.
stockholders and govern¬
through payments
emphasizes
of
annual
,
told that they . had. voted
process
report
the
to
up
at the annual meeting on May 26 re-elected the
directors, thereby rejecting Robert R. Young and
Bowman, Chairman and President, respectively, of the
authorize
decidedly good for the fore¬
growing investor confidence
over
the
longer-term.
As investor confidence
grows,
and
now
evidence of this," the report says, "stock prices may be
Stating
'■
Co
&
share¬
everybody; including the
also -shows how National Securities
picture and how important the Ameri¬
shareholders increased
influenced
future,
expected
150,000
Wisconsin
business
.
been
stockholders
The
450,000
&
Stubbs
outlook
there
total
only $4,989,946.
Young
with
fiscal
the
statement
are
continue
Co.
Hornblower
on
the
Whiting
Mr.
report
National
for
of
Chesapeake
demonstrated that security prices,
predominant psychological attitude
the part of the investing public than by corporate earnings.
While
120,000
White,
The
life is to
for
of
level
the
times
175.000
Henry
1948.
with
at
Corp.—
Hemphill, Noyes & Co._
&
high
a
90,000
Co.,
Co
.
outlook
Anthony & Co.
Union Securities ,Corp._
G. H. Walker & Co.—
Walling, Lerchen & Co.
&
of
way
Report
its
amount
net
$2,306,082, equal to 36 cents
though it was, represents a
was
board
Robert
trusts funds.
employees,
the
of
/
\
thus, help
this intensely competitive age.
< V
necessarily
involves
the
expenditure
but it has been progressed with rela¬
•
1947
consistently
business
the
the number of
In
100,000
Co.—
&
and
60,000
Swiss
200,000
Herman
&
Nicolaus
into
assets
Wertheim
Co.
&
Co
Boyce
Brothers
Stifel,
90,000
Tucker,
& Co.,
1,000,000
Hall
&
&
The
entire
business corporations, and thus com¬
ingredient' in the capitalistic free enter¬
management,
as
the
has
already
operating costs and
to keep our services
Managem6^i Slate of Directors Reelected—
•
5
their-benefits
structures."
which
Of
and
1945,
of
increase
578.58 on April 30, 1947 to $48,087,101.24 on April 30, 1948.
Shares
outstanding during the period increased from 7,778,977 to 9,091,374
200,000
Inc.
Inc.
Harris,
Bros.
Stern
Co.
600,000
Harriman
.
The
total
750,000
Starkweather
1 lu.UUlJ
Co—
to
and
un¬
locomo¬
passenger
of
•,
o
the
.
American
■*
prospers.
fits
free
can
1
&
60,000
&
1947
collectively are important participants,
labor, government and customers, in tne
important
an
that
secure
Series
90,000
Scranton
released
.
$24,410,054 of debt.
Offsetting this reduction, there were
$29,400,000
of
new
equipment
trust
certificates. 1 Interest
requirements on an annual basis, however, decreased $189,252.
Thus, at the end of the year total debt represented by capital
obligations outstanding of the company and its lessor companies was
$854,212,012, compared with $849,222,067 at the eiyi of 1946, a net
shareholders
524
some
customer,
Co.
investment
by the
customers
of
business,
the
thereby when our business system prospers,
450,000
Michigan Corp.
Gerstlev,
in
created
was
Series
made
&
——
W.
of
part; of
ment
Sons
Rothschild
Securities
National
management,
Explaining
300,000
Bros.
losses
this
more
issued
the
to
34,000
prise process.
100,000
—
&
Schwabacher
90.000
of
F.
Hutzler
Cleveland
Corp.
First
Co...
—.
Salomon
60,000
90,000
-
Boston ..Corp- 1,000,000
First
Rollins
H.
Inc.
of
175.000
—„
1
-
Co
&
E.
anticipated
of
are
in
money,
the
preceding
income
total
being maintained wholly intact.
carry-back refund.—V. 167, p. 1590.
tax
April.
May
1944,
Not
Business
mutual
message
with
prise
60.000
of
,
the
During
during the first quarter
commodity markets.6 A
in
group
report
than
affairs
60,000
Gardner-
Riter
300,000
Clement A. Evans & Co.,
Inc.
9-.
Clark &
Co.—
&
Reynolds & Co
90,000
Co.——
—
&
break
shareholders, Henry J. Simonson, Jr., Presi¬
dent of National Securities & Research Corporation, (sponsor and in¬
vestment manager of National Securities Series)
points out that the
along
well
ns
program
in
roadway
bulk
of
reduce
essential
such obligations."
denied
more
to
power,
are
sums
said:
for
every
annual
his
in
the
program,
non-compensatory
the ■ present,
for
income
American
call to
In
90,000
Pressprich & Co.
W.
Reinholdt
the drastic
offset
to
is,
to
holders of the 21
175,000
Co.—
Fahey,
300,000
300,000
Morris
Estabrook
Curtis
600,000
Co
&
Eastman, Dillon & Co.—
Elkins,
90,000
improvements
undertaken
which
in
the
60,000
Jackson
Hopwood
Prescott, Hawley,
Shepard & Co., Inc.—
1,000,000
175,000
$100,000
due
to
for
■
reviewing the results for the
participating in the American business system
to continue to act more
intelligently—not only on behalf of individual
group interests—but toward the protection and further improvement
of the very
system through which all Americans benefit, highlights
200,000
150,000
Read & Co. Inc.
Dominick 6c Dominick.
Drexel
A
Phelps, Fenn & Co
Piper, Jaffray &
Merle-Smith
Dillon,
of
*$96,205
tCr36,558
System—Total Assets of 21
of Fund Shares
Reported Owned by Women—
120,000
Webber,
1948
Trust Funds Grow to $48,087,101—48%
200,000
National Co. of Omaha
Newhard, "Cook & Co.—
.Julien Collins & .Co.——
Dick
from,
90,000
1,000,000
Co._
—
Paine,
90,000
&
for
was
improvement
on
In
Calls for
60,000
&
Moseley & Co
Murch &
60.000
—_
pay
National Securities & Research Corp.—Annual Report
Teamwork by all Participating in, Benefiting
150,000
& Co.
is
substantial
tlisin
refund—
due
reserve
tCredit
90,000
any
slight-reduction
$59,647
of
this
and
600,000
Maynard H.
Co.
OF
of
months
first-four
Indications
traffic
Total operating revenues for
MONTHS
middle
the
the
improvement program of
System and affiliated -companies—the largest
railroad—stands at approximately $287,000,000.
tively little increase in the
a
Co.—Earnings—
FIRST TilREE
until
in
deficit.
sustained
extensive
"Qur
qf
3,887,807
of $100,000 was experienced
excess
mate-rials
reserve
•
Co
"This
J
(cost
Louis
Hutchins
Leonard
-
completed,
payable, $16,692; accrued liabilities, $19,901;
loss
raw
by
standards
value
March
income
ment over. 1946 when there was
"A loss in
on
with
improve our earning
market
of
operations
net
a
Central
remainder
,
Federal income tax
Net
Lynch
175,000
Inc.——
Codings
Inc.
St.
$71,178
Net loss before income tax
60,000
Beano.
Milwaukee
Morgan
Co
&
&
Mitchell,
60,000
-
Co.
&
Dodge
J
(applicable to
and
York
man
60,000
The
Co
Clark
Clark,
C.
assets
in
more than $235,000,000 is for new freight and
tives and cars received or ordered since the start
,
stocks—at
common
middle
tne
consequence,
•
this,
investments for the quarter ended March
in
EARNINGS FOR
&
Co-
JLynch, Pierce,
Feriner
$75,790
tr
dertaken
600.
$120,750
seriously affected by the unusually severe weather, from
the first half of February, and then by the coal
resulted
New
PALA1JICE SHEET, MARCH. 31, 1948
e
National Oats
150,000
&
750,000
(Inc.)
E.
Marks
Masien
hi.
Metropolitan
&
Sons—
Republic
M.-
Co.
A.
100,000
Inc
&
1,382
on
-
net earnings above those of 1947."
Mr.
Metzman
added:
"The postwar
90,000
Merrill; Turben & Co-
90,000
Brown
Co—
200,000
-
—_
Alex.
600,000
100,000
175,000
90,000
90,000
Merrill
Co.
Sullivan
1,737
Earnings Forecast—
on -May
earnings
volume, a leveling off in costs,
and with adequate rate increases, the outlook for the remaining months
of the
year
indicates that operations as a whole should result in
outstanding shares of capital stock,
equivalent to $9.18 per share), $17,338,854; total, $17,375,447.—V. 167,
p. 1590.• '
"
*
100,000
Mackubin," Legg & Co.—
Co.,
&
1,823
net
through
fiom
favorable,
1945
$172,188
gain
LIABILITIES—Accounts
net
Co
McDonald
&
"As
16,270
935
President;
for
w
$89,430
20,866
were
walkout,
year
$12,117,657), $16,360,879; cash in banks, $830,132; dividends receiv-.
able; etc.; $50,535; accounts receivable, $133,901; total, $17,375,447.
120,000
:
60,000
Loeb & Co
1,000,000
Hlgginson Corp
600,000
Carl
M.
Loeb, Rhoades
300,U00
Inc.-
Blair
1946
$98,393
^
90,000
90,000
Co
&
1947
$145,773
23,199
$157,808.
was
'J'Ik' »' i
Kuhn,
175,000
&
net ^realized
.
1948
Christmas
31
1,798
ASSETS-^Investments
$450,000
90,000
Baker, Weeks & Harden
Ball, Burge & Kraus
Blair
Co._-
Co—
■
&
ENDED MARCH
:
.;
Kidder, Peabody & Co._
Kirkpatrick-Pettis Co.—
60,000
Co..
Baker, Watts & Co
.William
The
31, 1948
principal
Johnston, Lemon & Co..
Kebbon, McCormick &
60,000
Co—j—
Whipple
G.
&
QUARTER
24,621
—
Lee
Bleichroeder,
Bache
Hutton
Illinois
o'f
v
practK
^
Co.
300,000
_
'Arnhold
E.
The
Securities
Corp.
Ames, Emerich
S.
W.
showed
1948
.
t
corporation and
made by 15 subsidiaries. >;;11'=
UNDERWRITERS—The names of the underwriters and the
amount of debentures to be purchased by each are as follows:
^
general
$199,542
_
.
Australia.
in
is
,
the
STATEMENT,
throughout
over four-fifths of-the consolidated net -Sales of the
prices
outlook
was
margarine, and other food products to retailers and <■'; Total income
the United States," to a major extent in pack- , - General Oxpenses
.aged form, by means of its own delivery system and through whole¬
Taxes'-;
salers.
This company
Other expenses. ———I
has investments in subsidiaries which manu*
.facture, package, and distribute cheese; salad - dressings, and other
Net incomeproducts in certain foreign countries, principally England, • Canada; ■
ana
stock
Metzman,
7
• 26
told stockholders that the
"above those of 1947," when net
income
was
$2,306,082,. oiT 36 cents a Share, on * total operating >
revenues of $703,340,527.
<■
;
',
i
Mr. Metzman said:
V
; "Operations
and financial
results
during the initial four months "?
1948
11-year period.
On "March
31,
1948,
$4,243,222,- and there was a net increase
outstanding -during the last three months.
appreciation
24,C11 -shares
>•
Gustav
,
common
change
net
no
unrealized
of
level' of
the
dressings,
large
New York Central RR.—Rise in
*
The net,assets amounted to $17,338,854 on March
31, 1948, com-"
pared .with ;$17,522,064 on Dec.. 31# 1947.; A year ago net assets were
$17,344,956. ;.:; The
asset value of
the
company's capital
stock
onMarch 31, 1948, was $9.18 per
share, which compares with $9.40 on
pee. 31V 1947, and $10.00 On March 31, .1947.
..
.
'
1
Mi\ Randolph, 'President, .stated
that,» including $1,14 of security*
profits distributed since March 31, 1937, when National Investors was
mutualized, the asset value of .its .capital. stock increased 31.8%,*
special¬
subsidiaries, princi-
pally
:>,>
aenv
;
-
Volume 167
.
Niagara Share Corp.—Declares 15-Cent Dividend—
The
cents
directors
per
holders
of
on
share,
record
on
May
the
May
13, last, and 15 cents
21
on
declared
class
28.
B
This
June
a
dividend
common
compares
14,
/
stock,
with
1947.—V.
20
of
3%,
equal
payable
cents
167, p. 2259.
to
15
June
15
to
paid
on
Dec.
_
THE
(2364)
8
Corp.^Kaelin Elected a Director-—,
Electric
Noma
William
R;
of- the investment,
partner
Kaelin,. a
7# V.7#-;'7:;:7/'7
/■./'.
#
J
■'
'
h
'/■
•'
,bahking_ firm of
'
:y '■
>' V-' '.."/V.
"
-
North American Aviation, Inc.*—Earnings*—
income
sales & oth. exps.
Cost of
13,436,221
472,500
other
Federal income taxes-—
6,554,074
Net
18,267,894
*$446,281
Penn
the
with
of the fiscal year, $5,890,144 of new business was ob¬
Unfilled orders at
shipments of $14,487,900 were made.
Unfilled
The
orders
and
Dec. 31, 1947,
$260,550,358.
were
During
end of the preceding quarter, were $269,148,114.
Officials
H.
J.
1948
31,
quarter
tained
and
President,
directors on May
for
respectively,
at
Chairman of
advanced to
were
regular
a
of
meeting
the
14 meeting.
Detroit, whose resignation was accepted at the May
Vice-President, a
prior to that, he
A director
of
Vice-President
to
the
<^as Vice-President and Chief Engineer*
American
North
and General
shares
stock
Pa.
Aviation
Counsel
of
140
our
sta¬
The
for
Co.,
Allentown, Pa.—Files
May 13 filed
of
class
(par $10)
The
stock
A
letter of
a
common
at
common,
notification
(par
$10)
and
with
the
be
offered
in
unit.
per
units
Proceeds
of
shares
2,000
will
six
be
class
used
in
#
par)
»
building
#
letter of
a
notification
stock
common
to
The company requests bids for the
purchase of all of $11,055,000
equipment trust certificates, series U, dated
July 1, 1943, to mature in
J5 annual instalments of
$737,000 from July 1, 1949, to July 1, 1963,
used
sinking fund
•••!
April 20 authorized
the
issuance
board
effective
of
date
poration.
the
of
bonds.
Jersey—July 1 Effective
-'
,
.7
Vice-President,
Philadelohia, at or before
'
50.
Public Service Corp. of New
Bids must be received at office of Geo. H.
Pabst, Jr.,
at Room 1811, Broad Street Station
Building,
cents
retire $152,000 long-term obligations, $34,255
balance will be added to working capital.
debt,
167, p.
The
25
—
Date for Amended Plan—
-
the SEC
at
to
and the
stockholders on
The
—V.
with
offered
be
»
current
~
this
167,
Bonds Placed Privately — The
recently placed; privately ; with three insurance
Proceeds will be
Pennsylvania RR.—Bids for Purchase of
Equipment
years, Mr. Hogan is
Motors Corp.—V. 167,
(10c
of
stock.—rV.
common
Denver, CoIo.-#Fiies with SEC
May 11 filed
cn
shares
completion
upon
companies $450,000 first mortgage 4^%
bonds, due Jan. 1.1958.
of
shares
A
car
through R. L. Hughes and. Co., Denver, underwriter#: Probe used for working capital." # '•••
Precision Parts Co.
Underwriter, Converse, Pokorny & Co., Allen-
will
$70
company
400,000
company
SEC
directors
of
the
of
final-
the
corporation
amended
plan
has
for
set
July
dissolution
1
of
thp
as
the
cor¬
The
plan, dated Dec. 29, 1947, was approved by the SEC
by the U. S. District Court for the District of New Jersey.
The
books for the transfer of its 6%
perpetual interest-bearing certificates
and its preferred and common stocks will be
closed on June 10.—V. 167,
p. 2137.
(EDT), June 9.—V. 167, p. 2260.
and
14
fbr
General
of
one
Noon
2259.
p.
all
Acme-Clipper Cargo set-up."
both inclusive.
Presidency from the - office of First
he" had held since 1941. For seven years
position
tie
Powder River Oil Co.,
per share
ceeds will
Broadcasting
on
television station, etc.
a
14.
advanced
12,000
and
to
!
J I
Allen
company
common
Kindelberger,- President of the company since it began opera¬
tions as an aircraft manufacturing firm in 1934, was elected Chairman
of the board and chief executive officer succeeding Henry M. Hogan,
Atwood
"we hope
,
Mr.
Mr.
Ropes said,
220
#"##/#:;7 # #<: #y
■
Outstanding capitalization of the'company
financing will consist of 25,000,000 shares of
p, 852. '
-
SEC—
town,
Promoted—,■*
Kindelberger and J. L. Atwood
board
the
March
at
Mr.
1848.
*$663,065
'■Loss,
second
167, p.
approximately
15
•
the
"Eventually,"
effect
in
were
granted
by
the
company
to;: dealers / and
to distributors.
The company will attempt to sell
between .806' and -l 900 dealer
franchises*# *;
one of the nation's largest
freight forwarders, said that 53
receiving stations .in 23 states have been designated as stations
handling of Clipper Cargo traffic,
its
for
31,-1948, there
franchises
approximately
it was anounced on
May 27 by J. W. G. Ogilvie, Clipper Cargo Sales
Manager, and G. H. Ropes, Assistant to the President of Aome.
of
of-March
distribution
1, Acme Fast Freight, Inc. connects with Pan Ameri¬
Clipper Cargo Service to provide speedy, economical
export service
from this
country's major producing areas to all parts of the world,
tions throughout the
country into the new
$753,439
Monday, May: 31, 1943
As
Effective June
8,932,966
488,000
$729,928
profit
CHRONICLE,
can
—V.
.
FINANCIAL
Acme,
$6,107,793 $19,509,333
$14,638,649
and
1948—6 Mos.—1947
$8,269,901
1948—3 Mos.—1947
Per.od End. Mar. 31—
Sales
&
JPaji .American Airways Corp.—New Service—-
York Stock Exchange,
Baker, Weeks & Harden, members of the New
has been* electee} a director,—'V. 167, p. 1151^
COMMERCIAL
Philadelphia Co.—Partial Redemption—
The company has called for redemption on
July 1, next, for account
the sinking fund, $200,000
of 4 %%/ collateral trust sinking fund
bonds, due July 1, 1961, at 101% and interest. Immediate
of
North American Cement
12 Mos. End. Mar. 31—
profit after, taxes,
deprec.,
deplet., and
#
interest
'
*'
1946
1947
of
1945
*$88,143
$359,054
$265,063
All
redemption price, with accrued interest to July
1, 1948 will
The First National Bank of New
York, trustee, 2 Wall St.,
New York. N. Y., or, at the
option of the holder, at Continental Illinois
,-
tBeiore profit on bonds
Public Service Electric & Gas Co.—Stock Called—
payment
the full
be made
.
—
"■Loss.
Corp.*—Earnings—
1948
fNet
*$367,372
National
111.,
purchased.—V. 166, p. 1687.
at
Bank
&
The
at
or
Street and
Trust
Co.
Fifth
Shares—v\
,
,
the SEC
May
liquidation,
on
approved
.
to distribute in
partial
on
July 1, to its holders of common stock of
record
on
June
4* shares of common stock (par $10) of Wisconsin
Electric Power Co., owned by North American, at. the* rate of three
shares
of
19
stock
common
outstanding
Wisconsin
of
stock
common
company's
North
of
proposal
for
each
shares
100
Philadelphia Electric Co.—Weekly Output—
000
The
final
the
of
No' certificates
numbers
such
of
will
stock
Wisconsin,
of
shares
Issued
be
such
American.
for
rate
be
The
fractions
of
will be
entitled
$16,125
shares
of
stock
of
of,
share
of
rate being, based on
the close of the market on April 26, .1948; such
the equivalent of 48%. cents per share of common
North
American
entitled
to
be
paid such cash.—V. 167,
at
IV.
Northeast Airlines, Inc.—Restores Service to Montreal
"On
May 28
this corporation will restore service to the Connecticut
Valley and extend that service north to Burlington, Vt., and Montreal,"
it was announced
by George E. Gardner, President.—V. 167, p.
2034.^
Northern States Power Co.
(Del.)—Weekly Output-
of this company for the week ended May 22, 1948,
56.148,000 kwh., as compared with
51,629,000 kwh. for the
corresponding week last year, an increase of 8.8 %.—V. 167, p. 2260.
April
on
and
the
not
27
amended
the
Chairman,
On
company.
the
April
19
charter
shall
the
be
to
the
provide
t
chief
bther
for
oil
with
The
five
Republic Steel Corp. and with
under' which Kermac will be
the
years
field
tubular
agreement
goods
also
to
.be
sold
of
the purchase
167, p. 2035,
by
Net
m'" f''..
> :■
i
■
■■
■
"
.
O'okiep Copper Co., Ltd.—Earnings—
Period End. Mar. 31—
Profit
after
depletion
Shares
1948—:3 Mos.—1947
taxes__
£229,145
£594,466
£311,839
1,021,056
1,021,056
1,021,056
1,021,056
$0.90
outstanding
£133,000
$0.52
$2.33
$1.22
share
Per
Long
1948—9 Mos.—1947
tons
blister
pro-
'
duced
4,632
NOTE—Conversion rate:
3,752
£=$4.00.--V.
13,971
11,233
167, p. 472.
?
April—
Gross
1948
from
Net
Net
ry.
railway
railway-!:
from
7 From Jan.
Gross from
Net
of
ry.
—V.
$86,179
$105,660
16,493
30,897
49,604
8,347
3,318
12,497
15,758
l—
313,474
282,722
344,052
115,572
105,500
119,197
453,905
210,135
28,940
34,313
35,525
Quarters Ended
*Net
v
March 31-
1948
After current
(50
cents
1947
1946
$85,694
charges,
share)
reserve
per
for
the
$0.43
for taxes and after provision of $28,quarterly preferred dividend on the
after
deducting reserves as of March 31, 1948, were
$4,218,912 including $959,703 cash.
Current Labilities were $1,385,610,
resulting in net current assets of $2,833,302, a ratio of 3.0 to 1.
Net
profit
the
12
months
ended
March
31, 1948 was $723,952,
approximately $3.63 per share on 198,891 shares of B
outstanding, after current charges, taxes and provision for $2
equivalent
stock
for
to
dividend requirements
on
A stock.—V.
Pacific Telephone &
166, p. 2562.
On
May
sell
18
for
California
each
of
six
rights
lecord
common
P.
shares
common
Subscription
shareholders
:
the
601,262
share.
U.
stock
issued
to
June
15,
probably
or
Commission
of
be
will
on
preferred
to
shares.
authorized
shareholders
one
right
Funds
will
$100
a
preferred
being
be
issued
used
by
company to repay advances covering expenditures for
construction and
extension of
its
facilities
occasioned
by the heavy -public
demand
for
telephone
Pacific
service.—V.
Western
167,
Oil
SEC—
2260.
p<
Mt.
Mr.
Corp., Los Angeles—Filing with
^
filed represents
Getty said
the
stock
the personal holdings of J. Paul
Getty.
that he has no intention "of
selling any substantial
at
Getty said that
the
he
present
time."
had
registered all his personal holdings as
"it didn't cost any more to
register all of it than a part."
Bte emphasized
the
Getty family
permission May ; 20 to act
Western
holdings.
as
trust of which he received court
trustee is not planning to sell its Pacific"
"
-
,
*
>■
Mir. Getty said that it was
purely a coincidence that the registration
statement was filed the same week as
the court granted him- per¬
mission to act as trustee for the
family trust.
Holdings of the trust
together with his personal portfolio amountt to
approximately 85%
of Pacific Western's
stock# •,
"
i
.
Mr.
Getty
emphasized
that
-
the
'"simply to preserve some- semblance
sonal affairs."—V. 367, p. 655.
##
-
registration- statement
-of
freedom
of
action
was
in
my
the
Flour
with
of
will
ment
140
income
*
be
made
Broadway,
Y.—V.
and
Milling Division.
ing
and
plant,
and
of
the
the
offering
initial
and
reconditioning
are
to
second
the
filed
per¬
be
used
by
instalments
plant;
(press
room,
being
are
'
for
sale
as
be all-steel.
More
than
70%
of
the
total
cost
on
■
t
of
miscellaneous
outside
engine
buretor,
etc.)
axle,
•electric
brackets
manufacturers
and
engine
brakes
and
and
was
from
announced
on
for
May
the
11
as
the
Worcester, Mass., plant
Delivery of the last coach
Manufacturing Co.
of the first phase of the
program.—V. 167, p. 946.
New
Haven's
$20,000,000
has
just issued
questions
48-page illustrated
a
often
asked
regarding
informative
RCA.—V.
167,
$25.72
conv.
preferred
trust
3%%
share
($50
par)
bond
152.87
;
2,558,69
1698.
p.
announced
that
on
agreements
for
Dec.
stock
common
1
of
dated Nov. 17,
ths
company
Poison
$11,671,658,
as
Logging
provided
1947.—V.
acquired
Co;
in
6,346%
out
three
of
8,000
stock
pur¬
167, p. 2297.
payment
in
" "
production,
-
principal
and
with
the
are
unconditionally guaranteed
the Reading Co., were
dividends
purchase
by
by
the
of
company
three
89.11
.
by Harriman. Ripley &
Co.
and Lehman Brothers
April—
1945
$9,883,293
682,903
2,904,980
803,070
260,530
1,154,832
-7.;
40,507,559
37,757,934
38,628,853
7,551,630
.3,224,027
4,124,180
32,960,396
4,754,506
1,722,897
ry.
,
from
From
oper.
Gross
income-—
Net
Jan; 1—
from
Net ry.
—V.
railway
from
railway-^-—
income—
oper..
167, p. 2035.,
'
9,055,076
4,415,694
-New Vice-President—
Forrest E. Richmond has been elected Vice-President of this corporaand executive head of its Rome Division. He has been with Revere
tion
since
L.
p.
and waS formerly Works Manager of the Rome Division.
Glesmann. formerly "Assistant- Works Manager of -the ;Rome
1908
G.
Division
~
11,150,24*
.
Revere Copper & Brass Inc.
basis,
:
1946
$7,456,151
Net
.
7;
#
$9,509,524
2,321,024
1,056,410
Net
,
■
1947
j
V"
I.
1948
railway——
$3*775,098
from railway_l____
1,717,250
Gross
(jointly).
EARNINGS FOR APRIL AND YEAR TO DATE'
.
for
'; .#: V
the
of
connection
has been
appointed Works Manager of that Division.—V.: 167,
1698.
company
Richmond
April—
Gross
Net
arid
parts.
It plans to purchase from £
standard
operating
parts such as
(starter, generator, 'distributor, car¬
transmission, universal joints, drive shaft and
necessary
.
-
railway-—
$2,462,143
859,590
Net ry., oper.
income
:
.
.
railway--—_
from
from
Fredericksburg & Potomac
#
1948
1947
598,662
<229,422
-1945*7
-
$2,020,254 7 $2,239,704
371,315 .'
■
RR.—Earns.—
1946
$3,094,033
613,308
1,535,061
190,543
208', 261 fc
accessories
clutch,
systems
shipped
was
issue was awarded at competitive bidding May 21 on a bid of
Other bids received were; 99.128 for 2s, by Halsey. Stuart &
C<v
for 2s, by Harris, Hall & Co. (Inc.); 99.091 for 2s,
by
Salomon Bros. & Huizlet.
A bid of 99.549 for 2%s was submitted
steam
used
one-shift
a
Delivers
—
coaches
The
estimates, will be represented by the cost of fabricated parts and
equipment: purchased from outside sources.
The company plans to
produce the basic body and frame and related fittings and parts
such as doors, trim, hood, rear lid,. top,,
fenders, bumpers, gas tank,
rear
to
Inc.;
Playboy is Intended
expected to appeal to
year
lot
streamline
6,000-hp: Diesel electric road freight .locomotives and 1,000 50-ton allsteel box cars, estimated to cost approximately
$6,000,000.
Manufacturing area of the plant is about 414,000 square:
capacity of the plant, when. equipped according. to:
a
deluxe
103
share
(79.33%)
Estimated
company
plans, will be 100,000 cars
with two shifts in the press room. '
for
The equipment trust certificates which
bid
Tonawanda#
York.
feet/
and
is
issued
low-priced auto and also is
persons interested in acquiring a companion or second car.
The War Assets Administration has accepted the
company's
fbr the plant, which the firm presently
occupies at
New
$4,135,993
99.19.
The
a
the
outstanding,
as
Initially only one model is planned—a 4-cylinder, 2-door, 1-seat,
3-passenger convertible coupe with a 90-inch wheel base and an
weight of about 2;035 pounds made to sell in the $1,000
The convertible* top will
$4,384,398'
—
over-all
class.
687,509
con¬
Reading Co. — Equipment Trusts Offered
Kidder,
Peabody & Co. and Dick & Merle-Smith on May 24 of¬
publicly, (subject to ICC approval) $4,800,000 2%
equipment trust certificates, series O, due semi-annually
Dec. 1,1948, through June 1, 1958.
The certificates were
priced to yield 1.20% for the Dec. 1, 1948, maturity to
2.40% for the maturity of June 1, 1958.
"Production
which
687,500
S*
r.
dividends,
fered
of Playboy cars to "date has been limited to
pilot or
demonstration models.
The corporation was formed in" 1946 to de¬
velop, produce, distribute and sell automobiles.
As of May 4, 1948,
cars
in
answers
cum.
167,
chase
equipment, dies, tools, etc:);' outside tooling, product
engineering,
development,
pilot
operation# prepro"starting-up" expense, and working capital.
*»' •
«•* •
pilot
■■
corporate purposes-^--
order
an
shares
welding
and
of
collateral
production
duction
other
;
r-:~
stock
Rayonier, Inc.—Acquisition—
company for pay¬
the plant;
rearrang¬
equipment
and
shares
the
on
2,264,28(1
$4,823,493
Overseas
Pillsbury
Playboy Motor Car Corp.—Stock Offered—Tellier &
Co., New York, on May 27 offered as a speculation, 20,000,000 shares of common stock (par 1<£). The price to
the public is $1 per share.
of
''
corporation
which
—V.
1697.
p.
2,375,988
$5,071,898
"
paid
*
.
for com.
completion
common
Per
Co.—Weekly Output-
167,
191,908
$493,805
<
Railway & Light Securities Co.—Asset Value—
the
Jan.
York, N.
200,283
p. 2260.
on July 1, 1948, for account
outstanding 20-year 5V2% cumu¬
1, 1964 at par and interest. Pay¬
the Guaranty Trust Co. of New
York, trustee,
at
New
.171,384
$7,087,773
1698.
car
The
book
its
of
due
541,305
$7,447,886
Radio Corp. of America—Issues Booklet—
Per
consolidation
pattern of last year when the
the Flour Milling Division," Mr.
$98,600
$6,916,389
1,981,000
'
'
#467,473
postwar equipment
has called for redemption
fund,
3,127,008
$6,906,581
$685,713
York, New Haven & Hartford RR.
marked
1926. '
debentures
2,150 ;
of Pullman-Standard Car
output of
The company
the sinking
1,916,000
3,546,006
Based upon market quotations as
of April 30,
1948, this company
reports net asset coverage of its outstanding securities as follows:
the
company had completed 41
test and exhibition purposes.
May 21 a registration statement' was filed with the SEC
covering
450,227. shares <$10 .par) capital stock. The stock
yvlll; be offered by
the owner, J.
Paul Getty, President of the
company, from time to
time on the floor of the
New York Stock Exchange, or "to
specific
persons; firms or corporations," in sales outside the
Exchange.
part of
merged
with
the
On
The stock
arranged
New
the final
(The) Pittston Co.—Partial Redemption—
ment
company
at
and
common
follows
167, p.
Proceeds
Telegraph Co.—Stock Issue—
"
to
com-,
It
lative
assets
was
Division
the
announces
Pioneer Service & Engineering
$0.16
stock.
Current
Co.
240,000
$687,058"
1,345
$667,756
amortiz—
avail,
167, p.
Per 4%
President,
Pre-Mix
merger
said.—V.
$32,844
$0.95
share—
&
9,967,293
Final Coach of New Haven 103-Car Order—
the operating companies served by this company
for the week fended
May 22, 1948, totaled 239,136,000 kwh., as com¬
pared with 217,877,000 kwh. for the corresponding week last
year,
an
increase of 9.8%.—V. 167, p. 2260.
$188,462
class B
per
Pillsbury,
the
Electric
profit
150
A
"This
167, p. 1925.
Earnings
W.
merger of
71,166
income
Oliver United Filters, Inc.-—Earnings—
*
Philip
Division
railway
oper.
Sachs
1,529,368
Pullman-Standard Car Manufacturing Co.
other
Pillsbury Mills, Inc.—Merges Divisions—
1945
$32,619
30.763
railway—
from
Net
1946
$85,156
income
oper.
1947
and
1,625,770
287,404
'
|
preference dividends
Balance
—V.
28, lias Arranged for loans
note, due May 1, 1953, in the
Goldman,
financing.—V. 167, p. 50.
Oklahoma City-Ada-Atoka Ry.—Earnings—
and
struction
ern Mutual Life Insurance Co.
Proceeds of the loan are
.to be used largely to refund outstanding
debentures, the
remainder to be added to general corporate funds.
Leh¬
Bros,
1,765,371
133,267
1
^
.
t
$1,500,000. A 2%%
amount of $375,000, is held by the Marine National Ex¬
change Bank of Milwaukee, and a 3V2% note, due May 1,
1963, in the amount of $1,125,000, is held by Northwest¬
man
$25,286,43*
182,233
11,522,754
2,101,544
supply
Co.—granges Financing—The
of
deprec'n,
and
Phoenix Hosiery
326,694
."' $669,906
revenues--
Completion
pany, it was announced
•
-
145,833 '
152,000 <■
income
Prior
totaled
ill#* ■
962,466
i
.
v
*
Phillips.
Phillips
1,184,838 1
227,711 ,
Balance
'
de¬
1948—12 Mos.—1947-
"
I $2,492,428 $27,618,655
$2,706,982
inc. deducts, (net)
Interest
;
been
has
#
1948—Month—1947
____
;
oper.
Other
Supply
a
to
company
provides "for
supplies from Kermac.—V.
National
assured
the
by
revenues
taxes
Net
-
of
agreements
Co.
stock
#
,
Fed. taxes on income___
Chicago under an agreement between Phillips, Kermac
Oil Industrie?, Inc.
This represents part of total$11,500,000 to Kermac, consisting of an "A" loan note for
$6,000,000 maturing .in one year,. arid two' "B" hates for
$1,375,000
and $4,125,060,
respectively, payable in five years.
Kerr-McGee Oil
Industries, Inc., has agreed to guarantee the "B" loan for
$1,375,000.
The $4,125,000 received
by Kermac was used to purchase substantially
all
the assets
of
Republic Supply Co,, after, which the corporate
name was
changed to Republic Supply Co.
Kermac also entered into
23 Wall
■;.#
this
on
June 30, 1948 to holders of record June 1, 1948.
dividend will be mailed to holders on or before June
Period End. Feb.—-
Kerr-McGee
loans
Co., Incorporated,
'
t
share
pay¬
five-year note of Kermac. Cprp. (name subsequently
Republic Supply Co.) for $4,125,000, oayable to the First
to
Morgan &
per
on
such
Depreciation
that
executive
guaranteed
company
P.
J.
# #
$1.25
Maintenance
3%%
a
of
of
Puget Sound Power & Light Co.—Earnings—
r
National Bank of
of
Electric output
of
of
changed
and
for
Operating
Operation -
President,
ment
full
a
being
of
the
officer
less
than
or
directors
paid with respect to such
share of common stock of
the approximate market price
2259.
p.
to
per
this
stock
payment
stock
the
at
would
as
and its subsidiaries f#r the week
Phillips Petroleum Co.—Guarantee of
Loan; Etc.—
"
Wisconsin, but, in lieu thereof, cash
kwh.,
office
30, 1948.—V. 167, p. 1592.
■
.
the
dividend
clared, payable
137,777,000 kwh., an increase of 9,2117.2%, over the corresponding week of last year.—V. 167,
2260.
p.
■
at
St., New York, N. Y.
of
Deposit
The electric output of this
company
ended May 22. 1948 amounted to
outstanding shares of $5 cumulative preferred stock, no
have been called for redemption on June 30, next, at $110
share
Checks
North American Co.—To Distribute Wisconsin Electric
Power Co.
the
value,
per
Chicago, 231 So. La Salle St., Chicago,
National Bank of
Pittsburgh, Wood
Avenue, Pittsburgh, Pa.—V. 167, p. 1926.
Farmers
of
par
brake drums,
lights,
interior
fittings
trim
and
and
linings,
Net
wheels,' tires,
radiator,
••
from
from
railway--— --9,303,126
railway
7
2,586,999
Net ry* oper.
instruments,
battery, steering column, gear shift, and similar and related Items.
Gross
-
income
—V, 164, p. 1927./
988,784
'
,
8,499,991
9,389,602
2,682,389
3,072,838
1,102,031
1,252,272
.
"
12,078,254
#5,844,52£
760,364
'
'
\
Volume 167
Sierra Pacific Power
•'Rochester &'Genesee Valley1 KR.—Control—
ICC
The
control
May
on
the
of
Rochester
Genesee Valley
&
capital stock.wViVioO. p.
Retire,
Rockefeller Center, Inc.—Changes
"A
Chairman
named
was
trial
of
:
.,
board, assuming the Presidency;
0.; S. Eyssell,
Managing Director of Radio City Music Hall Corp.,
Manager, and Victor Borella, Director of Indus¬
of
Executive
Relations,
appointed
was
the
to
created
newly
post
death
of
P.
Barton
of underwriters which on May 27 offered 15,000
cumulative convertible preferred stock
shares of 5%%
($50 par) at
.Proceeds
!
of
ment
tank
and
par.
,
.
-
offering will be used by the company for repay¬
$100,000 bank loan; purchase of equipment
customers installations, storage tanks and accessories,
trucks
and
delivery
equipment,
equipment
and
for
erection
storage plant in North Carolina, and erection of office
and display rooms in Portsmouth, Va., and Winston-Salem,
buildings
North
304,193
$55,588
$800,995
2,198
$737,276
7,363
$803,193
$744,639
126,451
102,420
income-
$53,888
197,381
Electric
287,386
totaled
'
Utility
oper.
845
900
-
income
$54;733
—
$56,488
12.205
deductions
Income
9,202
f
...
income-
Net
$42,527
dividend
Preferred
applic.
to
210,000
210,000
stock
pom.
and
surplus-
$466,742
$432,218
226,584
share,
shares—
$2,06
$1.91
Delay Financing—
■The
of
asked
has
company
time
'The
•
the
which
in
the
company-'said
California' Commission
to
issue.
Federal
original cost study which
$3,500,000
for
a.
J
60-day
recently
bonds
in
Commission
Power
for
the
15
next
an
may
The
years.
additional 'transmission 'line;.—v.
main
is?
part
•
spent
be
to
was
.20.25.
a.
•
.
on
■
'The
■
incorporated
company,
sale
North
in
1931, is engaged in the distribution
Carolina,
Virginia
and
Eastern
in
and
the
trade name of
''Rulane."
the process of refining crude oil,
is refined in special plants and compressed into a liquid for ship¬
ment in tank cars to the plants of the corporation or its subsidiaries.
iiquefied petroleum
The gas, produced in
Presently
the
Petroleum
Most
with
(The) Southern Co.«~"New Director—
member
a
mercial
for
is
and
tobacco
used
in
use
in
The
are
The
stock
common
for
each
share of
rates
Is
heating
water
treating,
heat
other
in
also
and
space heating,
cloth singeing
closely controlled
preferred
12 Months Ended March 31—
rates
chare
the
Operation
the
of
option
from 11
seven
shares
to
into
shares >of
ranging
down
holder
of
com¬
1947
$5,144,568
with
Associated
Lloyd E.
&
Smith
&
Pate,
&
Harry
Inc.;
&
Co.^, Inc.,
and J.
W. Myers
Southern
Inc.;
Co.,
Inc.,
Co.,
Dickson
S.
the
in
Canady & Co.; G. H. Crawford Co., Inc.;
S. Hays & Co., Inc.;
Hickory Securities
R.
Inc.;
Smith
R.
Co.;
Investment
Wheat
C.
&
&
Co.—V.
167,
Prank
Gross
Net
1947
$147,848
*25,953
*53,420
$155,417
railway..—:.
31,431
*
income-*
Gross
from
from
Net
Net
*60,609
u
railway
591,761
Safeway
*225,043
*223,337
167, p. 1927.
Stores, Inc.—Current Sales 20.22% Higher—
Period End. May 15—
Federal
$9,361,403
445,682
373,865
4,548,087
depreciationAmort. of plant acquis,
adjustments
68,904
65,582
781,540
7,200
7,200
Prov.
for
in operation numbered
84,091.705
495,125,266 408,232,419
15, 1948,
2.338 on May
compared with
2,402 a year before.—V.1C7, p. 1927.
San Jose Water
Works—Earnings—
1948
1947
$1,405,681
965,837
$1,255,374
12 Months Ended March 31—
Operating revenues
Operating expenses, depreciation
and taxes
income
$443,679
deductions
$451,176
—V.
Int.
and
$342,234
$349,352
35,626
income
on
35,626
stock
preferred
.
preferred
on
stock
fr
_!____
z.___
share
per
Balance
;■ —V.
available
for
stock
common
(com.
company
stk.,
on
May
shares)
356,814
20
under way at its
of the program 5s
pected that
announced
improvement
expansion,
Net
Mar. 27, '48
loss
of
damaged Sept.
refinery
the
Distrib.,
use
Mar. 29, '47
Mar. 30, '46
Gross
Net
for
10,408,666
8,460,771
358,596
333,531
955,580
746,259
303,462
665,753
products
on
&
gen.
1,364,296
1,112,871
1,078,879
$1,185,714
466,273
$1,025,624
398,102
$845,876
sold
etc.
exps.,
_
_
taxes
on
income-
_
..
earnings
Dividend
on
in
ing
from
ry.
$1,006,984
324,209
$1,331,193
245,587
$1,085,606
148,206
$1,148,437
$937,401
$3.21
$2.62
—
that
and
refinery handles two types
Wyoming.
Its
fuels, tractor
products
include
which contributed
$664,191
63,506
shares
871,847
share
$0.76
871,847
$0.65
common
CURRENT
'
1
Current
Current
ASSETS
AND
CURRENT
assets
liabilities
—V.
167,/p.
$410,564
$572,272
outstanding
Net earnings applic. to com. shs.
per
Also
included
is
largely to
keeping this country's airplanes
light
oil
transfer
handle an
facilities to
improve the qualities of gasoline
distillates by the
copper chloride slurry
method.
Another unit will remove hydrogen
sulfide from four million cubic feet daily of refinery, gas.
A
new
steam boiler under construction at the
refinery will have
a
capacity of 30,000 pounds per hour to
augment the refinery's
existing steam-boiler facilities,
while
excess
butanes and
propanes
increased
will
flow
recovered
be
unit —V.
167,
a
P.
new
refined
of
and
pumphouse
coupled with
and intermediate
products,
polymerized
in
a
new
to
from
ry.
catalytic
same
3,153,107
7,428,110
Rubber
Co.—Insurance
3,206,597
Loan—The
com¬
time
Seiberling,'President, said in
it is desirable that the
event
of
a
412,296
!
1946
1947
: 1945
,
■ ;
3,066,138 T 3,066,488
1,915,849
2)926,882
income
131,700,062 124,611,439 159,154,228
30,466,441
30,635,395
11,181,513 44,297,801
11,156,559
10,092,193
5,677,200 12,156,322
141,929,256
railway
railway——
Ji
'
authorized the company to assume obligation
exceeding $11,100,000 2Va% equipmenttrust certificates, series X, to be issued by the Pennsylvania Co. for
Banking & Trusts, as trustee, and sold at 99.191 and accrued dividends
in
connection
with
the procurement
of certain new equipment.—
V.
167, p! 2139."'
ICC
May
on
liability in
13
respect of not
Southern Ry.- -Estimated Gross Earnings— ■*
-Week End. May 14-
Period—
1943
The
$
X.i
Gross
earnings
167,
H'
,
.'1948
■:
1947'"
■
-«?$•'o Hi
:
5,561,585 118,741,346 109,212,073
5,976,171
._
2299.
p.
;;
—Jan. 1 to May 14—
\
w
Privately—
Southern Utah Power Co.—To Sell Bonds
The SEC has
given the compapy permission to issue, as
May 1, 1948, and to sell to The Mutual Life Insurance
of
>
additional $250,000 first mortgage, series A, 4% bonds, due
May 1, 1970, to be secured by its present mortgage dated
Co. of New York at 100 plus accrued
interest,
/
an
<
May 1, 1945.
Mutual
is
The
holder of all
the
of Southern Utah's presently
V
outstanding
/■;?$
series A bonds.
$806,000 of
sale are to be used to retire bank loans of
outstanding at Feb. 29, 1948 and to pay for a portion of net
proceeds
$65,000
of 'the
additions
to property made during 1948 in connection with the com¬
construction program which involves an aggregate estimated
pany's
expenditure
approximately
of
for the
$280,000
year.—V.
167,
1700.
p.
Gold
American
&
Platinum
Co.—Filing with
Gross
19 a letter of nqtification was filed with the SEC for
shares-of capital stock, to be offered at market (about $4.50).
stock will be offered on the New York Stock Exchange through
from
ry.
1945
1948
from
Net
1947
1946
$178,798
$157,965
$116,246
$209,738
39,077
39,826
28,615
100,968
13,153
15,086
10,151
24,537
658,093
146,511
612,315
461,466
759,120
153,777
102,813
314,707
50,330
railway
52,376
41,026
96,479
railway
oper.
income
May
Walker
H.
G.
$
-
1947
Spokane International RR.—Earnings—
as
&
Co.
seller.—V.
General
From Jan. 1—
Co.
will
receive
the
pro¬
\
Gross
from
Net
from
Net
Development
166, p. 2315.
ry.
—V.
directors on May 26 declared an initial dividend of 25.21 cents
share on the new 5V2% cumulative convertible preferred stock,
payable July 1 to holders of record June 18, 1948. The dividend covers
the period from May 28, 1948, the date of issuance, through June 30,
1948.—V. 167, p. 2299.
" '
Period End. Mar. 31—
Gross
railw.ay—r_
railway
oper.
167,
income—
2139.
p.
Squankum Feed & Supply Co., Inc., Farmingdale, N.
sharp
a
,
,
letter to the stockholders that,
for
Prov.
acquisition
$8,631,646
$8,035,819
392,612
5,175,843
'57,856
46,130
589,162
4,619,395
514,320
15,850
depreciation.
Amortization
$714,648
451,085
15,850
190,200
190,200
798,942
656,915
____
-
of
plant
adjusts
General taxes
or
^
a
.prolonged
depression
such bor¬
rowings could well result in a severe strain on operations and functions
of your company."—V. 167, p. 1851.
~
company
Gross
139,952
137,027
(867,138
}580,400
$109,514
Int.
income
long-term
on
$123,029
$1,228)902
$1,256,048
39,637
30,087
461,392
364,125
debt_-
of premium
on
Other deductions
"
Net
Drl,500
5,936
~Cr409
38;493
$64,091
167,
p.
the
May
$93,350
$730,518
CfY,iio
$898,092-
2138.
South Pittsburgh Water Co.—Bonds Placed Privately
—The company in March, 1948, Sold
privately to insur¬
companies $1,500,000 first mortgage 3 Vs %^ bonds, •
B, due 1978. Proceeds will be used to finance
company's construction program.—V. 167, p. 751. 1
series
.
Period End. Mar. 31—
-1948—Month—1947
Gross
earnings
Operation and maint.
Int.,
deprec.
stockholders
told
■
-
-
/
;
'
-
'
-
at
their
annual
•
meeting
held
v
i
on
•
earnings
parative first quarter earnings.
"Inventories of heating bils are always sharply
the year,"
quarter x>f
Dr. Wilson
declared,
reduced during the
"and after a periods?
price rises much of these inventories is carried on the books at
figures reflecting earlier low costs. Unless some bookeeping adjustment
ol
their
made,
and
sale
at
the-current market
results in a nonrecurring?*
illusory, amount of profit, since the inventories
later in the "year at higher costs."
Wilson
also cautioned that comparisons are being made
somewhat
must- '
$368,379
,
$355,141
that
line
p.
$2,239,425
$2,115,414
1,082,214
784,116
v
377,346 .:
^470,020
122,460
54,329
83,280
134,979
129,223
813,692
*$13,481
$20,178
*$33,827
divs._
—„_
*Deficit.—V. 167, p. 1927.
with
of 1947, "which was by far the poorest quarter of
year.
We shall have to await results for the first six months
before the comparisons, will have much significance."
While the "completion of some of the new refining units has been
somewhat slower than anticipated, Standard still expects to come close
to estimated
increases in 1948 production,
refinery runs, and pipe
first" quarter
the
are
capital expenditures to expand facilities to servo
continuing ^at ths high rate of last year.—V. 167,'
&
Co.,
traffic.
public
Its
1593.
•
773,592:
Swift
$87,686
Chicago,
Definitive 25"-year 2%#>
on
or
about June 1
able
the
First
National
York.
Surplus'
J.
,"
'
'
' ■'
"
1948—6 Mos.—1947
■192,552
w
and
(Indiana)—Earnings Higher—
increase was largely due, Dr. Wilson said, to larger
volume and
to higher prices
for crude and products.
However, ho ^;
warned, caution must be observed in drawing conclusions from com¬
the
Southern Canada Power Co. Ltd.—Earnings—
—
Inc.,*
will be used for working capital.
Proceeds
J.
be replaced
..
Taxes
board,
22.
The
Dr.
•
N.
Standard Oil Co.
is
income_
%
$5.50
Underwriter, Fidelity Securities & Investment Co.,
Earnings of this oil company and subsidiaries for the first quarter
of 1948, like those of most other oil companies, showed a substantial
increase
over
the
previous year, Dr. Robert E. Wilson, Chairman
first
Drl51
"
.
May 24 filed a letter of notification with the SEC
cumulative preferred stock (par $100), to bo
on
shares
1,000
offered at par.
of
}
Fed.inc.&exc.profs. taxes j
.
short debt be substantially reduced because ."in
recession
The
for
1948—12 Mos.—1947
$774,257
Operating expenses
j.
—Files with SEC—
Co.—Earnings—
1948—Month—1947
revenues
$16,943,698 $13,487,131 $10,526,780
.
the
$1,190,850
Co.—Earnings—
oper. "income—
Net
On
—V.
LIABILITIES
stockholder approval
J. P.
$1,355,084
polymerization
'
it was announced May 23 has arranged for a $2,-
the
$130,774
April-
South
$0.51
the company announced it is seeking, preferred,
of a plan; to substitute long-term .debt; for most,
of the current short-term borrowings..
• '
At
$1,767,380
412,296
Equipment Trusts Authorized—
The
1851.
SEC—
000,000 loan from the Penn Mutual Life Insurance Co.
for 10 years at 3% % to augment working capital.
v
$165,132
34,358
$1,603,146
34,358
1948
oper.
Net
new
ance
pany,
$150,290
1,773
railway.— $36,118,726 $33,221,485 $31,124,339 $39,763,020
7.925.888
7,614,954
1,697,179
11,301,839
railway
from
Net
of crude oil from producing 'fields
gasoline, kerosene, distillate heat¬
804,782-
157.
Seiberling
6,417
in
II.
debt
t
19,229
From Jan. 1—
diesel
and
during World War
Amortiz.
Common
389
—
■
from
Gross
practically all phases
rehabilitation
program
fuels, and asphalt, which are marketed?
in
Wyoming, Colorado, Nebraska and other States, through SoconyVacuum's White Eagle Division.
^
Included in the refinery's new equipment under construction
is a
thermofor
catalytic cracking unit to produce high-quality gasoline
from virgin gas oil.
This is the type of unit, designed by Socony-
$474,070
55,250
55,250
shares
371,806
$627,522 '
$719,441
preferred
Earnings
529
252,450
■"•5.,
stock
Asbury Park,
12,781,555
sold—
profit
Provision
1,773
1700.
p.
Net
456,720
100,000
1946
11,
$11,352,741
of
—
admin.
252,450
148
April—.
—V.
South Carolina Power
products
Depreciation
Freight paid
167,
432,358
doubled.
be
$16,645,741 $13,626,951 $11,352,741
of
21,037
148
Southern Pacific
Gross
per
$16,545,741 $13,170,231
:
for
Total
Cost
21,037
disct.
South Carolina Electric & Gas Co.—Initial Dividend—
sales
machine
$1,863,787
—
pfd.
241,760
$313,726
$306,608
(& Subs.)—Earnings—
Three Months Ended—
recov.
$2,040,832
income
on
-V.
The
Insurance
959,928
$186,706
debt-
debt
deductions
549,285
jasper, Wyo,f apd that com¬
Scheduled taj; next December.
It is ex-,
refinery^, curreift 3,t)00-barrel-per-day capacity will
no,w
pletion
167, p. 551.
Scott Paper Co.
Net
165,221
$115,932
of
300,985
2138.
p.
general
a
ceeds
'
86,400
742,828
1,053,845
expense
Other
22,GOO
Net
-86,400
$172,005
long-term
on
Amortiz.
$1,296,642
148,206
taxes
1.
1
accrued
167,
are
101,823
Deductions
Dividends
3,730,747
724,440
166,446
excess
taxes
407,430
income
(net)—
Balance
Earns,
$440,080
11,095
101,444
before
Balance
,
815,294
8439,844
3,834
Operating profit
Non-operating
and
income
Gross
and
fueled
$
$
$
101,095,903
Sales
$8,108,129
'
£•'50,698
taxes
income
467,834
taxes
income
•Net
Dividends
Vacuum,
1948—20 Wks.—1947
1948—4 Wks.—1947
$
Stores
638,303
*126,896
*108,686
income.—?_>!■
oper.
ry.
1948—12 MOS.—1947
'
expenses—
Operating
263,608
Federal income
deductions
This
railway
^Deficit.—V.
Co.-^Earnings—•
I' $798,573
$1,560,251
Total
Prom Jan. 1—
y
Dorsey
Corp.—V. 187, p. 1476.
1948—M6nth-T947
revenue
Net
income
This
1948
railway-^..
oper.
ry.
Williams,
Jones,
2137.
p.
or
from
Net
of
firm
Coca Cola bottling plants in Pittsfield,
partner in Southern Stores of Atlanta and
the
a
$860,236
Socony-Vacuum Oil Co., Inc.—Expanding Refinery,—
from
of
Southern Indiana Gas & Electric
$1,152,821
Other
of
Gross
law
Atlanta
of -the
owner
"
309,396
depreciation
than
Provision for estimated
Sacramento Northern Ry.—Earnings—
April—
is
Rutland, Vt.,
a'Vice-President of A. G. Spalding'Sales
269,909
for
other
Taxes
Taylor
Strader,
Inc.;
S.
He
"•
system is engaged on a three-year construction,
well over $100,000,000, according to Mr. Jones, who
Co.
member
a
and
643,599
Maintenance
are:
Griffin & Vaden,
Corp.; McAlister,
Ohio Co.;
The
Co.,
offering
company
1,926,405
plus accumulated and unpaid dividends.
Outstanding capitalization of the company upon completion of this
financing will consist of $750,000 of 4J/27« serial notes; 15,000 shares
of
5Va%
cumulative convertible preferred stock, and 750,000 shares
($1 par) common stock.
this
of
$4,457,776
2,301,009
for
ccmmon
preferred.
The preferred stock is subject to redemption
from $52.50 per share down to $50.00 per share,
ranging
Ga,> has been elected
which owns all
Georgia Power Co.; .Gulf
of-Atlanta,
directors
Balance
1948
Operating revenues
Provision
at
of
MM'
Sioux City Gas & Electric Co.—Earnings—
and
where
board
running
Hill.
Mass.
Divs;
and
yarn
operations
convertible
conversion
at
each
mon
cooking,
for
and
the
Southern
program
profits
negotiations between the company, and the Union, H. F.
Sinclair, President of Sinclair Oil Corp., and O. A. Knight, President
of the
Oil Workers International Union,
CIO, in a joint statement
announced
on
May 10 that the Sinclair companies would increase
the base wages of all employees in production, pipe line and refinery
operations 17 V2 cents per hour.
The agreement is effective July 1
when
an
existing agreement expires, and is subject to ratification
by membership of the Union.—V. 167, p. 2298.
refrigeration.
various com¬
necessary.
stock
new
for
industry
curing,
temperatures
at
cooking, water heating and
hotels, hospitals, restaurants and
establishments
and
•}
for
of
of the common 'stocks Of Alabama Power Co.,
Power <Co* and Mississippi;'power Co,,
Following
gas
consumers
sold
is
Phillips
cf gas consuming appliances, including stoves, water
heaters, and special burners,
are
suitable for use
or
may
be converted to burn it.
It is sold to
space
Rulane
domestic
It
gas
types
heaters,
under
gases
is purchased
from .two
producers—The
and the Warren Petroleum Company.
Company
Sinclair Oil Corp.—Wage Increase Granted—
South
of
company for the week -ended May 22, 1948,
kwh., .as* compared with
2,167,000 kwh. for the
year, an increase of 22.2%.—-V. 167, p. 2299.
fWbert T.(Bobby Jones)
;
Fed.
and
'
Co.—Weekly Output—
output of this
2,649,000
General
Carolina.
Tennessee
for
Period End. Mar. 31—
making
Is
require adjustment of its figures.
The
issue was to be floated to carry out new contract with Pacific Gas &
Electric Co. whereby PG&E would undertake to supply all Sierra's new
power
Co., New York, N. Y„ has been appointed
the new preference stock, 4.56'/« convertible
corresponding -week last
is
Balance
Earnings per common
To
$676,742
$4.7,286
requirements.
aulhonzed by the Commission.
the
bulk
a
318,104
Other income, net
extension
short-term
additional
for
cf
of
a
310,175
who had
Turnbull,
Rulane Gas Co., Charlotte, N. C.—Preferred Stock Of1—R. S. Dickson & Co., Inc., Charlotte, N. C., headed
,
201,259
22,725
8,466
'
sudden
group
16,172
18.303
Gross
been President
since 1945, and the retirement of Hugh S. Robertson, Executive Man¬
ager since 1938, necessitated the action.—V. 158, p. 584.
a
19.782
_____—
taxes
income taxes___
Y. Registrar—
Trust
Southern Colorado Power
25,378
amortization
Federal
Manufacturers
York' registrar
series, par $25,—>V.'167, *>. 2299.
accruals and
res.
General
$3,208,754
1,404,390
278,128
of Manager
Operations.
•i The
32,982
;
New
the
and
President
in Personnels-
of the management of this corporation
the directors on May 26 with Nelson A. Rockefeller,
reorganization
general
announced by
was
118,957
21,469
$3,665,535
1,740,075
294,927
$254,892
154,240
Operation
Maintenance
The
1948—12 MOS.—1947
$293,061
revenues
Operating
through ownership of
RR.,
580.
Southern-Calif tfrnia Edison
Co.—Earnings—
1948—Month—1947
period End. Mar. 31-^r.
acquisition by the Erie RR. of
the
approved
18
9
■(2365)
FINANCIAL CHRONICLE
COMMERCIAL &
THE
Number 4703
&
were
Debentures
debehtures' Que Jah. 1, 1972, will; he availin exchange for temporary debentures at
Bank of
Chicago
or
"■■ ■;
The. debentures
Bros.
111.—Definitive
offered publicly
Hutzler, as selling agents.—V.
the Irving Trust
Co.
;
in New
;
>
on Jan. 15, 1947 by Salomon
167, p. 1928.
.
10
:
(2366)
THE
Tampa Electric Co.- —Earnings—
Period End. Mar. 31—
Operating
Operation
1948—12 MOS.—1947
$8,553,620
$7,701,730
4,797,864
3,628,372
470,145
390,422
$695,595
501,336 :
Maintenance
343,158
40.464
.;
.
32,376
...
Retire, res. accruals and
amortization
56,103
630,151
822,283
720,000
51,118
72,548
48,000
65,000
income—
$124,470
1,729
$131,395
3,788
$1,326,473
23,549
$1,619,679
$126,199
$135,182
$1,3501021
*4,661
3,539
46,919
$1,646,277
»
43,144
Federal income
536,000
..
Qtr. End. Mar. 31—
Sales & rev, from other
operations
Costs
''620,973
792,987
71,570
taxes.—
....
General taxes
;
and
Other
oper.
income, net*.....
—
income
and
exps.„
Ordinary
taxes
Prov.
26,598
empl.'s retire.
Income
deductions
for
allowances
Insurance
Int.,
Net
income
Earnings
$121,538
per
V. ,167,
share
common
p.-2300.
$131,644
$1,303,102
$1,603,134
shares)
$2.13
$2.68
(597,867
;
debt
Period End. Mar. 31—
Federal
Other
1948—Month—1947
revenues
expenses
$1,464,596
taxes
taxes
Prop, retir.
7,023,725
res.
2,132,260
1,209,692
2,122,517
94,000
76,625
78,000
$310,198
$308,173
$4,171,591
1.493
15,492
38,362
$309,666
54,409
—L—
984,000
906,500
78,190
$4,187,083
mv.-
Rentals
$231,476
802,316
375,678
l Balance
167, p. 2300.
$3,009,089
.
$2,760,229
Net
28.
An extra
of 50 cents was paid on
following extra payments
and Sept.
were
15, last, while in 1947 the
March 15, 25 cents; June 16
15, $1.25.—V. 167, p. 2300.
30,063
387,028
457,911
347,685
97,615
profit
12,254
$11,260,493
458,182
310,319
46,495-
203,624
2,349,629
$5,192,528
250,395
$3,791,050
208,165
3,838,086
1,599,202
1,279,362
dividends
dividends
$6,672,558
562,500
1,279,362
269,894
per
share.
com.
NOTE—The
for
above
State
sales
gasoline,
of
$1.71
statement
Federal,
on
and
$0.77
does
municipal
not
lubricating
oils,
and
$0.59
$0.54
include
governments
the
in
collected
amount
the
taxes
of
form
products.—V.
other
167,
2300.
Election
Treasurer
The
Products, Inc., Cleveland, O.—New Treas.
George J. Schad as Treasurer and a director has been
by
George
A.
Tinnerman,
Vice-President
and
General
Prior to his election as Treasurer Mr. Schad was Assistant
Manager.
and
Net
from
Net
ry.
1947
1946
1945
$247,936
$241,465
$188,049
55,593
57,944
55,979
115,323
55,903
22,202
20,930
944,676
902,681
772,876
395,019
161,152
239,652
207,726
82,791
*21,301
income—
oper.
From
Jan.
directors
share
per
share,
on
and
May
the
distributions
year.—V.
of
19
declared
regular
both payable
June
cent
one
extra
an
semi-annual
21
to
each
made
were
of
of
and
5
cents
two
cents
three,
record June
June
on
of
dividend
dividend
stockholders
per
Extra
5.
last
15
Dec.
167, p. 2300.
1—
from
Net
from
Net
ry.
railway
railway
income.—
oper.
^Deficit.—V. 167, p. 2
Texas Power & Light
Operating
expenses
taxes
Prop,
retir.
Amort,
Co.—Earnings-
$1,698,067
196,257
90,025
—
res.
140,000
approp.
125,000
of
limited-term
investments
revenue^__i
income (net)
1,525,000
1,475,000
266
3,626
3,951
$403,737
$5,343,330
Dr2,336
19,325
$371,961
$5,362,655
126,342
104,271
1,380,955
$4,814,984
1,264,447
i;>tNet income
167,
$287,322
dividend requirements for
stock
—V.
Texas Public Service Co.
Period End. Mar. 31—
Operating
865,050
Earnings—
1948—12 Mos.—1947
$464,478
201,022
203,174
$3,627,763
1,970,468
11,321
and
amort,
10,593
128,187
,17,130
'. ,17,677.
15,955.
.
and
" 81,900
surtax
or.
15,517
,i.
,89,400
■
Operating
i
income
$114,172
4 Gross income
Income
L
.j
$129,840
16,760
24,332
>
522,400
H
Other income
194y380
190,071
"<>:
-208,890.E
board
346,200
$146,600
8,781
15,687
$518,803
191,584
$899,538
106,248
deductions
income
directors
the
has
committee
Mississippi
Co.,
Kansas
Valley
$129,784
$130,913
Trust
$497,033
been
this
given the right to subscribe
on
company
stock
Act
beld.
of
1933
written
a
common
10
stock
stock for each
May
&
total
bond
mately
portfolio,
5.7ft
of
«erS
ing for 8.1ft,
On
at
of
$3
per
share
par
$1
March
Sidney Maestre,
St. Louis, Mo., and A.
President of
D. Simpson,
Lonsdale
Pr^c1!w Sn?CJr
J? HiSfnre of Edmond
7e™r°n
Of directors
is
being
offered
to
of
stock
common
no
the company.
TO
PRESENT
FINANCING
Outstanding
*
$90,000,000
13,000,000
25,000,000
*
'$25,000,000
par)
750,000 shs.
valu., $100
213,597 shs.
40,000 shs.
,
par)
stock
COMPANY
in
of
31,
130,000 shs.
t
3,300,000 shs.
12,795,000 shs.
the
for
company
aggregate
an
of
excluding
government
securities,
approxi¬
was
compared
with
625ft
for
the
funded
debt,
FOR
QUARTER
ENDED
MARCH
Dividend
31
$30,429
$71,164
$24 109
$37,065
354.014
330,393
289.109
The
and
its
4,808
$380,693
$404,393
$318,026
51,602
54.126
40,370
3.893
6,578
in
income
1947,
income
city
52,906
102,495
The
from
Union
Electric Power Co., and
substantially the entire
is
produced by the company in
its Osage plant located in
Missouri, approximately 136 miles west of St. Louis, and in its
steam electric plants in St.
Louis, Mo.
Company also furnishes steam
heating service in the downtown business section of St. Louis.
balance
UNDERWRITERS—The
of
the
Dick
debentures
and
W.
&
&
E.
&
names
the
Co
&
Stroud
&
William
Co.,
&
Homer &
Chas.
W.
ties
825,000
550,000
Inc.
Edwards &
Corp.
&
&
Co.,
110,000
110,000
lJLO.OOO
&
Co.,';'Inc..
H.
110,000
L'.iiEmerson
&
Co.,
110,000
Hamlin,/& Lunt
Milhous,' Martin & Col_
275,000
&
Gardner-
110,000
O'Brian,
Sons.
McCarty
&
Inc.
110,000
H. o.
275,000
220,000
Peck
Campbell,
110,000
■
Co.—
»
385,000
275,000
Adams
^
Whelen
Goocjwin Inc.—
&
Sulzberger
Reinholdt
Co._,
Bond
385.000
G.
110,000
110,000
Richard W. Clarke Corp.
Eckhardt-Petersen
&
&
Co.
Hallowell,
Strudwick-
Bankers Bond & Securi¬
Biddle,
1,000,000
Scranton
165,000
165,000
.'
&
Arthurs, Lestrange &
•
&
Co
Securities
Co
Klima
Parker
Nolan
Adamex
&
Anderson
1,100,000
Folger,
A.
Russ
1,100,000
Co.
Ohio
220,006
,
1,100,000
Murch
$220,Q0O
Mason,
Inc.
Co.
(Inc.)
Maynard H.
Co.™.
Clement A. Evans & Co.,
•
1,250,000
Co
debentures
Inc.
2,288,000
2,288,000
Co. 2,288,000
&
of
....
Rand
Co
Republic
Central
principal underwriters
amounts
follows:
as
Scott,
Inc
Blair
several
principal
are
2,289,000
2,288,000
Merle-Smith
Hutton
the
of
respective
$2,289,000
Co
Phelps, Fenn & Co
Tucker, Anthony &
Mitchell
Peet &
&
110,000
Co.
Co
110,000
_
Perrin, West & Winslow,
Inc.
&
110,000
—
Chas.
Inc
B.
White &
Co.—
110,000
220,000
167. P. 2300.
Union Pacific RR.
(Excluding
(& Leased
Offsetting
Period End. April 30—
Accounts
Lines)—Earnings—
Between
Railway
Railway
the
1348—Month—1947
$
Companies)
1948—4 Mos.—^1947
$
$
$
oper.
revenues.
31,588.258
30,287,918
132,710,930
123,423,231
oper.
expenses.
25.660,874
23,544,671
103,687,370
91,261,937
6,743^24"29,'023.560
32,161,294
5,927~384
Other
2,416,118
2,233,765
9,838,258
919,357
930,648
3,293,656
3,563,504
991,909
2,078,834
7,291,646
11,741,953
2,293,488
1,079,120
9,266,458
3,551,019
513,685
259,008
1,288,106
3,7997082
3,416,962
529.890
833,992
2,116,839
3.301,947
$280,158
$295,992
$154,825
3,263,192
2,532.970
15,729,321
13,500,233
&
inc.
Net
facility
charge
from
operations
Income
and
other
212,070
212,070
212,070
&
gas
sources
other
inc. fr.
Net
—V.
profit on sale of securities of $309,074 in 1948, $348,349
$891,445 in 1946 and $346,361 in 1945.
tlncluaes Federal
8,100,00
8,755,837
investm's
income
&
8,600,000
transp.
(net)
from
Total
1,500,000
joint
rents—net
$154,170
212,070
net
1,600,000
taxes
Equip.
75,005
declared
Co.
central
116,896
52,906
dividends
the
distribution
purchases from
territory served by the
of St. Louis,
Mo.
(population 816,000),
Missouri adjacent to St. Louis, and por¬
Power
five counties in
three counties in Missouri
purchased
$294,441
49.405
*Eefore
includes
of
of
operations
Income from oil
4,224
•'Net
of
near
the company's Osage hydro¬
electric plant.
The company also sells
energy to Missouri Power &
Light Co., an affiliated company, and to non-affiliated
companies.
The
major portion of the electric energy
requirements of the company is
4,121
1945
~2~250
income
in
is engaged primarily in the transmission,
electric energy, which it generates and
company
sale
subsidiary, Union Electric
253,255
2,835
income
1945
securities
was .incorporated in-Missouri
number of predecessor companies, the
a
Net rev. from ry. oper.
Federal income
taxes—
1947
income
to
organized
Power
Fixed
Pfd.
BUSINESS—Company
successor
was
$273.82
1948
income
of
plan
1948,
as
which
consideration
1881.
Upon completion in 1945 of
of
simplification the company's subsidiary, Union Electric
Co., acquired all of the Illinois and Iowa properties of two
former
subsidiaries, Iowa Union Electric Co. and Mississippi River
Power Co., and the Missouri
properties of the latter subsidiary were
acquired by the company.
'
the
were
stock
AND
1922 and is the
oldest
The
charges.
sources"
all
1,509,240
~17,846,210 "^,80^240
167, p. 2140.
Union Trusteed Funds, Inc.—Distributions—
tax of $11,500.
The
BALANCE
in
SHEET,
MARCH
banks, $512,994;
31,
1S48
investments in
S.
Government
its
$1.25
convertible
assumption of Esmond liabilities, Royal
HaroId Whitman, Chairman of the
announced
Bond
the
on
May 25.
Little,
board
«;ub-
as
robe
p.
H.;
f?tal <°f ab^ut
Grandby
Quebec*
etc.,
payable,
and' Ppfth
Corp.—Stock Options Approved-—
5fBaffin°i? May 7 approved granting options to
options expire June 1,
$2,429,318;
surplus,
$30,448,165;
total,
$44,400,453.—V.
2565.
:
Unexcelled
Chemical
'
,
1C6,
the
Albert
L.
Hamilton,
Schomp,
Jr.,
formerly associated with
engineers, has been elected
management
167, p. 1964.
the
company's
two
of
stock
at
1953.
K
*
been
June
10,
declared
1948:
for
payment
Union
Common
cents.
9
received
27
respectively
cents,
paid in 1947,
17
cents.
V.
see
Union
Union
on
March
15
cents
distant future."—V.
167,
p.
20
and
167, p. 948.'
■
:t
1
Three Months Ended March 31—
1948
charges
Taxes, other than income tax..
1947
$1,522,207
$1,025,199
92,913
-
Income
99,199
1
15.975
674-
80,700
54,000
$1,332,619
$871,326
:
income
Net
167,
Co.
Vice-President.
has
interest, to yield 2.95% to maturity.
1512,
coupon
was
were:
awarded
Dillon,
on
Read
a
bid
PURPOSE—Net
Loeb
&
&
Co.
of
Co.
and
100.2799.
Other bids
for
been
been
a
3ft
Inc.,
Harriman
proceeds will amount to $24,922,278.
The purpose
is to obtain funds to apply toward the cost of the
construction program
Cabot,
D.
elected
elected
director
of
Merchants
United
aqd
President,
Chairman
&
member
succeeding
the
Executive
The
v
;
,
on
the
just
total
7.
executive
committee,
Zemurrav,
declared
an
\1
,
and the regular quarterly dividend of 25 cents
stock, both payable June 14 to holders
amounts were paid
on
March
13, last.
declared, pavments for the fiscal year
$1.60
per
share.
has
2140.
p.
extra cash dividend of 30 cents
per
of
common
Like
who
167,
Manufacturers, Inc.—10% Stock
'
directors on May 26
share
per
the
of
Samuel
Committee.—V.
Dividend—
June
100.1699; Lehman Bros.,
Ripley & Co., Inc.:
For the debentures as'3y«s:
Halsey Stuart & Co.
Inc., 101.6565; The First Boston Corp., 101.5699.
'
J
*
'
1C0.U998; Kuhn,
{jointly), 100.051.
;
United Fruit Co.—Cabot Elected President—
'
of
investment banking firms which on May 27
publicly offered $25,000,000 3% debentures, due May 1,
1968. The securities, which were awarded to the
group
at competitive bidding May 25,
were priced at 100.75
and accrued
2300.
p.
&
Mo.—Debentures Offered—
White, Weld & Co. and Shields & Co. jointly headed a
The issue
*
distributions:
Income
—V.
Allen
Booz,
_
Electric
,<
for ,TideIands Oil Corp., which owns an unJn ie^eS
approximately 66,000 acres of
thof
ev,4pulJl of Mexico and Galveston Bay, Mr.
acreaw
^
li
i?ere are .no drilling operations on the
two
two strurtirrfp S iv,P ^ .Cal1 Jor
the start of drilling on one or
structures
In the not too
f!
have
(The) United Corp.—Earnings—
group, of
distributPrir^nH^
cg1(. t^ustees for Tidelands stock which was
of one Ihorl for each ua Dome t0 its stockholders on the basis
nip share
y uy
share
dMdeCdS50%
submereedLi
JHas?e'mann
19
10 cents. These funds
C,
For record of dividends
Thomas
Union
t
held.
record
Provision for Federal income tax
,
Corp.—New Vice-President—
em¬
Dn^1ofi°^rn0ckfhoLders.nWnlpirmit A* c* Yarnall, Chairman of Salt
ILfi nS'"
y 20'000 Shares and K* p* Hasselmann, President
Charles PaJJnn ° PUrc?ase ,30'°f00 shares. These two officials and
of
A,
dividends
of
Union Preferred Stock Fund, 31 cents;
cents; Union Bond Fund B, 17 cents; and
cents;
Esmond,
looms'
70,000 shares of
9
following
cents.
$283,59G;
par
value),
Esmond
accrued, ' dividends
due for securities loaned against cash; $72,500; due for securities
pur¬
chased, $178 430; accrued expense, taxes, etc., $93,938; 2% ft deben¬
tures, due March 1, 1961, $7,360,000; $6 cumulative preferred stock
(141,380 no par shares issued), $3,534,500; common stock
($1
its
N.
6
Fund
Fund
quarterly
stockholders
to
Fund,
Bond
cost),
and
Waynesboro, V&.; Dover,
/wi The
share. I?,
Stock
securities
(at
cost), $1,204,505; investments in other securities (at
$42,135,113; dividends and interest receivable, etc., $145,894;
for securities sold, etc.,
$135,978; special deposits for divi¬
dends, etc., $265,959; total* $44,400,453.
following
20
June
U.
Tide la n d s Oil
or
of
Additional bonds may be issued under
the mortgage upon compliance
the provisions thereof.
tOn May 7, 1948, the company entered
an
agreement with North American
Co. (parent) under which
that company has
agreed, subject to approval of governmental authori¬
ties, to purchase on or before June 30, 1949, 105,000 additional shares
and public utilities for 5.6%.
EARNINGS
—v.
"
St.
subsidiary,
a
(stated val.,
Auchincloss,
preferred share and $10.11 per common shares, respectively, on
Dec.
31, 1947, and 636%, $279.38 per share and $10.43
per
share,
respectively, on March 31, 1947.
of blankets, as well
The Pr°Perties include mills in
Diovpp1";0
'
Power Co.,
in
Bank
••
assets of The Esmond
650 blanket
and about 1,500
ployees. The aoffer
Is
under
consideration
and
is
subject
to'
approval of the Esmond
stockholders.—V. 167, p. 2300.
0
a
Bank
National
with
receivable
company and certain of its directors and
clothriandmnannapritUfeht^ie E£^ond line
„
$5
Common
Commerce, Houston, Texas.—V. 167,
Corp.-j-Quartei;ly Report—
LIABILITIES—Interest
I.,
Mo.;
gross
ASSETS—Cash
stock
ba£ offered tQ purchase.all the
V;A' exchange for'139,508 shares of
£
of
EFFECT
per sh.)
$100 per Sh.)
$3.50 series (stated
val., $100 per sh.)
the net assets of corporation, before deducting
$46,298,207, as compared with $46,073,519 on Dec. 31,
March 31, 1947 net assets were $46,858,980. The net assets on
31, 1948, indicate an asset coverage of 629% forthe27/8ft deben$275,41 per share of preferred stock and $10.20
per share of
debt,
common
value
share of Textron
Electric
I960—.
(no
4.50 series (stated
—V.
March
funded
have
Makes Offer for Esmond Assets—
R.
to
assets, while preferred stocks accounted for
about 15.3%, and common stocks and investments in
subsidiary cor¬
porations for about 74.3%.
The largest groups in the common stock
portfolio were the holdings in oil companies, representing 13.4% of
gross assets, building, equipment and renovation
enterprises, account¬
Co.
shares of Lonsdale
£ employees at the same price.
r
announced
committee
to
the quarterly report, corporation reported that cn
1948, holdings of cash, government securities, and good
grade bonds and preferred stocks amounted to 10.2 ft of net assets
before
tax
provision on unrealized appreciation.
On that date the
Interest
24
Registration of the Lonsdale stock under
the Securities
became effective on
May 24
This offering is under¬
group of investment bankers headed
by Blair & Co., Inc.,
+.An»dditional 100,000
•
board,
finance
31,
Total
record
National
Boatmen's
Mer-
.
by
^ and Maxwell, Marshall
-
a
Mr.
are
Co.,
Expenses
before June
or
*32,631 shares of Lonsdale Co.
°P the basis, of one share of Lonsdale
of
due
stock
3.70 series
Shields
appointed
City,
Taxes
stockholders of
debentures
Preferred
White, Weld
According
March
Co.—Merger Ratified—
Continental Oil Co. above.—V.
167, p. 2300.
Textron, Incorporated—Lonsdale Stock Offered—
u
3ft
Redpath
Tri-Contihental
$710,387
213,354
$793,290
GIVING
severally to be purchased by each
v
Taxable
'f Texon Oil & Land
common
Air¬
finances.
National Bank of
2300.
Other
The
World
,pev
i.
$602,837
296,701
$138,565
—V. 167, p, 2140.
See
of
President of the
Interest
Net
of
Commerce Trust
182,978
'.-
First
and
are
after v
Authorized
1947. At
taxes
normal
$3,051,276
1,709,570
103,659
of
..utility plant
Fed.
$3,550,537
865,050
$443,221
Maintenance
General
$3,981,700
1948—Month—1947
revenues
Operation.
Deprec.
$267,690
period
2300.
p.
Trans
Pierson, A. V. Leslie, TWA
Vice-Prdesident and Treasurer, and a director, and four other direc¬
tors—Noah Dietrich, Executive Vice-President of the
Hughes Tool Co.,
Houston, Texas; A. B. Eisenhower, Executive Vice-President of the
5,376
$413,664
Co.,
Co.,
mtge. & coll. trust bonds:
3%ft ser. due 1971, due
May 1, 1971
23/4% ser, due 1975, due Oct.
1, 1975
Air, Inc.—Resignation—
$4,809,608
4,927
income
$374,297
Iht., and other chgs
Pref.
Western
May 11, Warren Lee Pierson, Chairman of the
the
Members
the
395
oper.
Gross
■
&
M. Rose has resigned as director of
Region to enter private business,
study all phases of the company's
p.
Net
Leonard
lines Overseas'
that
1948—12 Mos.—1947
$1,477,708 $20,821,495 $18,150,345
758,296
10,296,491
8,734,980
165,533
2,584,307
2,227,674
54,316
1,068,741
899,132
832,653
Federal taxes
Other
Col.
93,015
On
1948—Month—1947
revenues
Operating
Transcontinental
Finance Committee Appointed—
Period End. Mar. 31—
,
Trust
loans
First
portions
~
Gross
Trust
CAPITALIZATION,
tions
639,461
347,114
railway
railway
&
tem¬
as
program,
company shortly
were obtained from
shares of capital stock of Union
Electric Power Co.
The capital stock
so
acquired will be pledged under the
mortgage securing' the first
company
Comptroller.
corporation manufactures speed nuts.
The
1948
$259,005
111,996
from
Bank
Valley
Such
March, 1948,
the
construction, the company intends to
purchase for cash >from the general funds of the
company additional
of
announced
iV-.Texas Mexican Ry.—Earnings—
April-
debentures.
Louis,
In order to provide Union
with the funds
required by it for
$4,830,696
Tokian Royalty Corp.—Extra 2-Cent Dividend—
Gross
the
in
construction
$5,000,000.
$7,214,242 u$3;342,931' $2,241,794'
Tinnerman
March
made:
15, 50 cents each; and Dec.
813,176
Surplus
The directors
on
of
cantile-Commerce
Louis, Mississippi
225,000
i.——
Preferred
p.
on May 20 declared an additional
dividend of 75 cents
share and the regular quarterly dividend of 50 cents per share
the capital stock, both
payable June 15 to holders of record May
237,498
250,000
the
into
Texas Gulf Sulphur Co.—Extra Distribution—
'
450,000
4,194,400
(net)
$3,135,907
375,678
1,508,000
undeveloped
acreage
Credits
884,771
..
1,BOO,000
274,998
$4,020,678
$3,384,767
period—..,,,
—V.
per
of
Earns,
$255,954
4,765,000
costs
issuance
St.
192,414
_
dry hole losses (net).
919,297
.
the
Property retirement and
Common
$310,363
—
leasehold
with
general funds of
4,527,541
Prov. for Fed. inc. tax.
Amort,
of
undeveloped
$3,982,316
165
approp.
income
and other chgs..
income
158,702
'Preferred dividend requirements for
■
8,939,770
112,437
—
Gross
Net
614,019
167,306
Net oper. revenues.
Other income
Int.
1948—12 MOS.—1947
$1,235,519 $17,437(313 $14,954,355
780,655
_—
$3,000,000, evidencing bank loans incurred
porary financing
in connection
intended to be paid out of
un¬
.
Operating
Operating
123,491
4,082,530
41,363
for wartime
certainties
Co.—Earnings—
56,019
4,285,598
93,374
4,852,190
etc
& depletion
Prov.
-
Texas Electric Service
328,087
funded
exps.,
Deprec.
of the company's system.
Such fuhds are initially to become a part
of the
company's general funds. : Promissory notes in the face amount
of
339,105
—
of
Monday, May 31, 1948
mortgage and collateral trust bonds
674,945
,413,069
amort,
1945
'
$26,844,567 $14,979,220 $13,150,087 $17,103,102
1,309,824
995,390
1,012,641
953,971
2,150,096
1,695,086
1,375,172
1,451,550
,
admin,
]
1946'
.
'Oil.
-
.
Gen.
Subs.)—Earnings--
1947
$26,613,424 $14,654,202 $12,929,753 $16,859,260
231,143
325,018
220,334
243,842
,
income
.
§ Gross income
' "
$94,712,519 $66,322,777 $48,283,479 $65,879,067
68,099,095; 51,668,575
35,353,726
49,019,807
exps.*
—_
* 1948
-
—
selling
Profit
Other
Total
Utility
FINANCIAL CHRONICLE
Tide Water Associated Oil Co. (&
1948-Month—1947
$841,943
revenues
COMMERCIAL &
'
With
ending June 30,
(\
.
(
share
record
the dividends
,
1948
will
77\
addition, a 10ft stock .dividend*/was declared,on*, the common
stock, pavable July 30, 1948 (or as soon thereafter as listing on the
New York Stock Exchange and registration with the Securities and
Exchange Commission shall have been completed) to stockholders ot
record July 8, 1948.—V. 167, p. 948.
In
t
'
:i.S
Volume 167
v"
THE
1;
United States & Foreign Securities Corp.—Earnings—
B
3 Months Ended March 31—
Total
$357,417
and
$318,288
$270,971
64,839
—
taxes
69,703
.
Net
ordinary income
profit on investments.
1st pfd. stock..
Divs. paid on 2nd pfd. stock
$292,528
35,975
112,498
75,000
Net realized
Divs.
paid on
—
BALANCE
MARCH
SHEET,
$220,329
407,761
$248,585
499,586
112,500
75,000
31,
value
$1,497,972
$1,328,453
1,500
1,500
revenues-
$1,749,800
$1,326,953
oper.
expenses-
1,253,432
$1,496,472
1,003,583
858,145
oper.
revenues—
$496,428
$492,889
$468,808
oper.
and
United States.
3 Months Ended March 31—
1947
125,844
105,747
oper.
income-
$370,584
$387,142
$365,572
income-
1,745
772
1,839
Net
$333,738
86,212
103,236
.
Int.
$368,839
income
debt:
deductions
Misc.
.
125,961
66,042
....
' 1948
—V. 152, p. 695.
A
125,692
/
;
873
Net
Net
ordinary
realized
paid
$290,174
$254,205
$221,281
*242,395
250,000
income—
287,120
250,000
221,126
179,400
profit on investments.
1st pfd. stock
on
$159,059
♦Loss.
BALANCE
MARCH
SHEET,
31,
1948
ASSETS—Cash, $2,623,413; dividends receivable, $127,888; securities,
cost
(indicated value $33,542,591), $21,562,514; total, $24,313,815.
for
LIABILITIES—Reserve
1st preferred
and
taxes
payable,
accounts
Morris
that
$92,550;
United
v
stock (200,000
(100,000
The
no
States Plywood
The
Veneer
Co.,
Corp.—Unit Changes Name—
be
i
Straiuss-Duparquet interests.
filed
with
167,
p.
the
The
Securities and
from
Net
ry.
details
of
from
Gross
Net
from
Net
this
trans¬
1947
1947
1946
were
Operating
1945
$2,425
Oper.
$99,896
12,103
8,312
$122,552
*2,604
*55,631
♦43,792
*8,652
*41,654
ry.
546,579
and
by
One
the
U.
S.
Ray
fired
other
low
is
500,524
84,448
Gross
and
59,267
11,742
52,752
Interest
the Pacific-Wing Induced Draft Fan which permits
of the usual tall chimney.—V. 167, p. 2073.
steel
dies
to
cut
The
on a guillotine-like machine fitted with
handbags, clothing and other products out of
paper.
"u
called Kralite,
plastic,
A
v'
company
for
dustries.
it
use
was
plastic
company's revolutionary new
Kralite.-
A
new
conveyor
Iron
belt
will
which
has been installed
hour
per
Cliffs
Co., near Hibbing,
move
in
than 700 tons of iron
operated by the Cleveland
more
mine
a
Minn. It replaces
rail haulage system
a
formerly used.
2^00-foot
The
belt is
Rubber Co.
which has
belts.
a
reinforced
It
is
with
The
special
a
nylon which provides high
flexibility.—V. 167, p. 1964.
belting
strength,
fabric
lighter
known
Ustexincreased
has
dend.
The
stock
offered
was
to
residents
HISTORY
the
share after April 1,
per
ry.
all
of
United
the
holding
&
of
by
Interstate
stock
common
Telephone
mediate
All
Telegraph
company
of
the
stock
common
Telephone
of
&
United
Tele¬
Telegraph
latter
company
corporation
was
Co.
from
Net
ry.
merged
were
into
United
owned
is
an
by
inter¬
Telephone
Co.,
31,
V.
$8,811,044
3,704,588
775,722
1,000,045
481,672
34,150,337
30,903,991
25,311,064
9,394,377
9,196,042
4,553,735
13,045,845
3,854,265
4,099,024
2,068,314
3,418,790
.income—
the
.
857,787
•'
as
the
newly-created
Chief
Sales
of
Corp., a wholly-owned subsidiary.
Engineer for the Liquefied Petroleum
1948—Month—1947
revenues
$1,391,398
expenses
610,281
taxes
oper.
1
PURPOSE—Proceeds will be used to retire certain short-term
obliga¬
tions, the proceeds from which were used for improvements and better¬
ments to the company's
property and for additional working capital.
1,924,715
1,307,565
84,168
84,168
1,553,549
1,010,000
$382,251
$4,161,750
$3,677,245
225
563
17,748
:
-
1st mtge. 3%
A
Cumulative
Common stock
■
•Includes
Issuable
in
Authorized
25-yr. bonds',
preferred
$350,078
$382,814
$4,179,498
79,041
80,847
979,122
1.67,
deducts.
$301,967
$3,200,376
1,010,000
210,000
$2,609,551
402,508
(par $50)
shares
series
:
$100)
$2,990,376
p.
$2,207,043
2178.
6.000
shares
;
The
'
—V. 167, p. 2301.
West Virginia Pulp & Paper Co. (& Subs.)—Earnings
are
6 Months Ended April 30—
from operations
preferred
designated
(net)
stock, is
"cumulative
Total
Prov.
Fed.
.
were Issued and sold to 5 life
insurance companies. 2,000 shares thereof have been
designated "cumu-
lative preferred stock, 5%
series,"; and are now being offered.
t23,645
shares ($1,182,250 par)
are
owned and held by United Telephone &
Telegraph Corp. (Ind.), and 2,355 shares ($117,750 par) are owned and
held by United Utilities, Inc. (Kan.).
fcSki'f
'I'.'
.
''
V-
-V
■"
;
;'■■■■
/'
Net
-
2,200,345
3,031,473
7,509,877
1,336,145
2,192,230
1,024,618
2178.
p.
t ;
1947
-
1946
'
$
102.551,190
43,615,091
22,176,942
17,201.323
after
66,271,996
9,181,464
charges J_
additions and replacements..
8.500,000
profit
annual report
¬
and
excess
deplet—
prof, taxes
Balance for
Earnings
—
stock
per
dividends
paid
stk, & surplus.:
common
share
com.
17,913,768
12,095,478
showed that the company spent in 1947 $18,500 plant expenditures and that $28,000,000 was budgeted for fur¬
ther expansion in the next two years.—V.
167, p. 477.
: i
Building Material Co., Inc.—Files with
company on
May 19 filed a letter
for 1.050 shares of 6%
preferred stock
SEC
at
and 2,605 shares
par,
($20 par)
of
notification
1946
$5,445,905
199,498
par)
be
with
be
to
Wichita Water Co.
the-
offered
offered at
$25.
Proceeds
™
Preferred Placed
Privately The
in March 1948 sold privately 10,000 shares of
5% cumulative preferred stock (par $100).
—
company
the
proceeds,
part
used
was
to
retire
3,500 shares
lative
preferred stock at $105 per share and div.;
bank loans and the balance to finance additions.
The
company
is
of
7%
$280,000
cumu¬
to
repav
subsidiary of American Water Works Co..
a
Inc
—
167, p. 1264,
Ry.—Earnings—
April—
Gross
1948
from
Net
from
ry.
railway
754,988'
income— '
oper.
1947
$2,510,115
railway
1946
1945
$2,234,626
739,878
$1,823,782
384,986
$1,860,094
567,423
490,369
447,841
118,263
443,979
9,364,694
2,150,740
8,243,620
1,121,143
7,232,472
1,099,189
95,688
6,636,882
953,162
From Jan. 1—
Gross
from
Net
from
ry.
—V.
railway
railway
income—
oper.
2,170,113
Wisconsin Public Service Corp.—Additional
ently
rate
1,454,175
855,988
167, p. 1965.
company
in
outstanding
of
2
per
an
$2,600,000
annum
due
application
of
to
the
SEC
short-term
which
states
notes,
$2,100,000
are
with
due
Borrowing
that
it
has
interest
Oct.
1,
Nov;.
pres¬
at
the
1948, and
borrow an
1,
1948.
Company now proposes to
additional $2,000,000 from several banks on June
1, 1948, to be due
Nov. 30, 1948, with interest at the rate of 2%
per annum,
and a
further $1,000,000 from several banks
on
Aug. 1, 1948, to be due
not more than six months from date of
issue, to bear interest at a
rate not to exceed 2!/4%
per annum.
The
company
states that it will have the same
respect to the prepayment without premium on the
loans as it has on the presently
privilege
with
proposed
bank
outstanding bank loans.^
Company states that it is in
financing program for the year
expenditures for the year 1948
$1,000,000 will be secured from
items, and retained earnings.—V.
$5,745,559
of
process
at
It
1948.
developing
estimates
<
Its
its
permanent
construction
$8,000,000, of which it expects that
depreciation funds, other non-cash
166,
2000.
p.
299,654
$10,324,832 $10,419,257
1,969,056
1,743,298
($100
stock to
common
Underwriter, Prescott, Wright, Snider Co., Kansas City, Mo
will be used for working
capital.
,
Zonite
:
depreciation
profit
Preferred
1948
1947
$10,155,785 $10,219,759
169,047
income
for
income and
preferred stock, 4.40%, first.series" and
■
,
.
income
*800,000
tl,300,000
1,400,000
cumulative
thereof
;
Co.—Weekly Output—
output of the electric properties of this company for the week
22, 1948 totaled 104.709,000 kwh., an increase of 7.42%
the output of 97,484,000 kwh. for the
corresponding week of 1947.
Profit
$1,500,000
—_
offered.
now
and
(par
18,875,069
on
$500,000
May
Other
13,581,304
railwayincome.
11,621,785
1,597,031
442,257
The
Net
applic. to pfd. stock for the period
Outstdg.
481,137
12,446,653
Net
$3,737,119
1,127,568
$271,037
other
income
$2,600,000
ser. A, due Jan. 1, '72
stock
344,989
railway-
payments
59,874
(net)
income
and
2,064,875
119,849
$349,853
West Penn Electric
/CAPITALIZATION GIVING EFFECT TO PRESENT OFFERING
93,768
income
Net
180,503
145,496
Power
over
63,585
income-.
Wisconsin Central
$1,104,956 $15,930,172 $12,956,182
338,185
7,139,998
5,036,657
201,600
;
revenue
income
ended
1,622,701
$
000
1948—12 Mos.—1947
fee consummated in the near future.
The
$4,555,354
605,812
Reserve for plant
V.
167, p. 1514.
balance
year
1945
$3,156,981
373,121
——
Of
position
Maritime
income and oth.
Gross
—V.
1946-
$2,893,443
319,978
-
Corp.—Manager of Unit—
Warren
continue
Federal
Divs.
1947
$2,956,230
...
32,920,842
Property and oth. taxes
Prop, retir. res. approp.
Net
47,361
$167,091
Co.—Earnings—
1948
railwayrailway
Sales
1945
998,300
Phelps has been appointed to
Operating
Operating
Int.
50,486
Weyerhaeuser Timber Co.—Sales and Profits Rise—
Washington Water Power Co.—Earnings—
1946.
company has in progress an improvement program.
During the
1947, $682,114 was expended for additions and improvements to
the company's property, while net
plant additions amounted to $462,492.
stock
The
1946
$6,270,933
Period End. Mar. 31—
Other
48,429
$214,452
1198.
Wichita (Kan.)
1947
railway
railway
of
will
Net
58,291
Vulcan
2,263;615
Gas Division of the parent corporation.—V.
*
770
$262,831
$169,897
dividends
oper.
167,
The
>,. Steps have been taken to merge The Fortville Telephone Co. with
■United Telephone Co., Inc., and it is
anticipated that the merger will
's
from
Inc.
Company now owns and operates 72 exchanges in Indiana with 41,735
stations, including 46 service stations as of Dec. 31, 1947, an increase
of 2,762 stations o\^r Dec.
design and construction.
estimated cost of approxi
$7,962,483
income—
oper.
Federal
'
'§
SEC—
167, p. 2301.
Manager
He
453
deductions
for
V; Calendar Years—
its
—
United
Utilities, Inc., system.
The
United Corp., which was a wholly-owned
subsidiary of United Telephone
& Telegraph Corp. and which owned and
operated 10 exchanges in
Indiana, was merged with United Telephone Co., Inc., on Jan. 1, 1936.
In 1940, Interstate
Telephone & Telegraph Co. and Interstate Tele¬
Corp.
for
1948
from
Rex
$262,111
"%<
preferred
oper.
ry.
—V.
1957, plus dividends.
which
Corp.,
the
in
the
contract
2,056,863
railway
railway;
oper.
Net
—V.
1,067,000
$227,734
'
$119,411
from
Net
Tax
From Jan. 1—
Co.,
Telephone & Telegraph Co.
phone Co., Inc., was owned
ry.
Net
$8,244,118
from
Gross
1947
$1,329,112
'•
From Jan. 1—
Gross
Smelting Plant—
new
from
AND
BUSINESS—Company (name changed from United
Inc., on Nov. 25, 1940) was incorporated in Indiana
Sept. 14, 1931 for the purpose of consolidating approximately 28 sub¬
sidiary corporations owning and operating telephone properties in
Indiana, which corporations had previously been owned by Interstate
phone
awarded
Warren Petroleum
quarterly January, April, July and Oct. 1.
American National Bank at
Indianapolis, registrar and transfer agent. Stock is redeemable in whole
or in part at any 'time on 30 days' notice at
$105 per share on or be¬
fore April 1, 1952; at $103 per share thereafter and on or before April
and
been
April—
Gross
Entitled to cumulative dividends at the rate of $5 per annum payable
1, 1957; and at $102
from
Net
>
-■
Wabash RR.—Earnings—
only.
Telephone
v_
i:
Indiana
of
taxes
income
$228,188
from
Net
\
^
smelter, which will involve an
$400,000, will be constructed on the grounds of the
company's present detinning plant in Sewaren.—V. 167, p. 88.
Telephone
The
"**.
2301.
mately
Net
Co., Inc., Warsaw, Ind.—Preferred
Stock Offered—City Securities Corp., Indianapolis, Ind.
recently offered 2,000 shares of cumulative preferred
stock 5% series ($100 par) at $100 per share and divi¬
for
prov.
1,256,891
other
on
,'
1948
$1,484,625
(incl.
erected
Net
United
and
167, p.
Gross
only
be
which
as
and
weight
Inc.—Earnings—
*
privately-owned tin smelting plant in the United States
by the above company at Sewaren, N. J., near Woodbridge, it was announced on May 6 by C. Benson Wigton, President of
the Wigton-Abbott Corp. of Plainfield, N.
J., engineer and contractor,
to
strength than conventional
times more
4
—V,
shares to 6,000,000 shares and
shares without par value to $10
from.f,4,000,000
fetock from
common
Vulcan Detinning Co.—Plans
is
1737.
19
'
type recently developed by United States
new
IVi to
May
on
value.—Vti 167, p.
{par
pipe
New Conveyor Belt—
ore
the
,
has also been developed by this
in chemical manufacturing, mining and other in¬
announced
on
May 17. The pipe is made of tl.e
corrosion-proof
new
Kralite.
stock
common
reclassified
is made of thermoplastic resins blended
company's revolutionary new
ized
'<
j
167, p.
Balance
approved proposals to increase to
$100,000,000 the amount of the first and refunding mortgage bonds
which may be at any one time outstanding; also increased the author¬
used
shoes,
respectively.—V.
April—
stockholders
.
were.
revenues
available
Dividends
of
Virginia Electric & Power Co.—Debt and Stock Incr.—
The
*
„
sales
income
Net
:n The company on May 13 announced the development of a new plastic
cutting block which has the strength of wood but will not split under
the blows of a lumberjack's ax.
leather, fabric and
letter
on
Verney, President, on May 21 announced that Dan C. Lippmann has been elected Vice-President of Verney
Worsted Co., Inc. As
previously announced, all men's wear * fabrics produced by Verney
Corp. will, in the future, be sold through Verney Worsted Co., Inc.
Such fabrics include rayon and acetate linings, suitings, shirtings, and
slack fabrics as well as Greenwich worsted suitings.—V. 167, p, 2178.
United States Rubber Co.—New Developments—
■
May 24 filed a
shares
($2.50 par)
company
Verney Corp.—New Vice-President of Unit—
smokestack instead
'The cutting block is
1948
167, p. 1965.
Gilbert
products are the U. S. Four-Point Control for handand boilers, which regulates the draft and combustion
furnace
of
Retail
441,860
53,422
place
installed in
months
year.
Western Pacific RR.
new
furnaces
of the
which
system
four
depreciation)
729,927
150,196
notification with the
SEC
for
10,000
common
stock, to be delivered
along with $30,000 cash to purchase the Fitchburg Grinding Machine
Corp.—V. 166, p. 310.
method of distributing radiant
Radiant Baseboard, it is an
new
a
was
Comfort
baseboard
metal
heating
ordinary wooden baseboards.
The
a
products
new
Called
enclosed
or
the
of
heat.
The
■
(Mo.)—April Sales Up 7.4%
operating income
Non-operating income
*69,946
income—
oper.
$1.2i>
;;v
1,956 and 1,749,
expenses
*39,184
railway
railway
$275,783,
$1.49
shares)
Western Light & Telephone Co.,
Van Norman Co., Springfield, Mass.—Files with SEC—
were
(220,000
63,778
$327,620
at
1—
♦Deficit.—V.
May
introduced to the trade on
this corporation and its Pacific Steel Boiler Division.
products
stock—.
common
3 Months Ended March 31—
*42,698
railway
income—
oper.
From Jan.
is
heating
new
67,503
for
Net
United States Radiator Corp.—New Products—
Three
dividends.
period last
same
Net
24
stock
$339,561
over April, 1947.
$34,041,000, or 7.4% over
for April were $5,512,000, an
increase of 4.1%, and for the four months, $16,707,000, an increase oi
1.8%.
Wholesale sales for April were $4,871,000, an increase of 11.3%,
and for the four mouths, $17,334,000, an increase of 13.5%.
si.'
Number of units in operation April 30, 1948 and 1947 were 260 and
246, respectively.
Number of wholesale accounts at April 30, 1948 and
4
$63,381
railway
240,774
$395,124,
:
April sales totaled $10,383,000, an increase of 7.4%
the
.
Exchange Commission
1964.
1948
from
253,523
1
Sales for the first
wartime
Ry.—Earnings—
Net
a
1946
$1,144
of
.......
April—
Gross
building a new $1,500,000 plywood
plant at
Orangeburg, S. C., which is expected to have capacity production of
3,000,000 feet of '/Hnch hardwood plywood per month.—V. 167, p. 1964.
corporation
;
returns
Scheerer Firm—
date.—V.
Utah
wholly owned subsidiary, will hereafter
be known
as
United
States
Plywood Corp., South Carolina, R. C.
Wilcox, President of the Hamilton company, .announced on May 14.
Hamilton
will
later
a
1947
*$56,725
Gotthilf, Chairman of the Board, on May 26 announced
Scheerer Corp., a wholly-owned subsidiary, has been sold
Nathan
action
par
1948
extraordinary
H.
Kny
the
to
no par shares), $20,000,000; 2nd preferred
shares), $500,000; common stock (outstanding,
2,485,543 no par shares), $24,855; special reserve, $103,101; undistrib¬
uted net" ordinary income, since Dec. 31, 1943, $413,794; net realized
profit on investments, since Dec. 31, 1943, $3,179,515; total, $24,313,815.
—V. 167, p. 1197.
stock
deductions
income
Earnings per share
—V. 166, p; 2148.
$11,564
r ;
Sells Kny
v
at
'
27,147
$580,335
(& Wholly-Owned Subs;)
Three Months Ended March 31—
packages.-
$553,188
$648,647
—
Net income available
■
after charges for
$619,197';.
29,450
Western Auto Supply Co.
Operating profit
♦Operating loss
--'.h-i'.
y
.u-
s
income
Preferred
835
$174,139
Net
■—Earnings—
Divs.
::
.
income
Interest
>
67,387
1,352
.
I. 1
1947
$1,838,974
1,285,787
1,390,562 ;;
107,942
66,707
$194,559
Universal Laboratories, Inc.
:•:>
>:■
•
,$2,009,758
earnings
Other
$335,223
$367,411
,S
13,982
■
1948
,
-
351
$215,587
•
Net inc. avail, for divs.
43,213
$387,914
67,586
71.684
tax.
funded
on
-—
;
v,
$334,872
-
$264,494
79,533
income)
Income
Federal
1946
$370,092
taxes.i—79;918
and
Operating revenues
Gross
'
Expenses
1090/$^;'^'!;;^
Operating expenses and taxes
non-oper.
Net
International Securities Cocpi*—-Earns.
Income
were
West Virginia Water Service Co.-—Earnings—;
Net
: '
p. 1089.
$1,228,424
.1,768
(excl.
taxes
Federal
total, $30,-
accounts
Investments,; $14,033,694; total, 30,364,312:—Y 167,
,vr
a
19
Years Ended March 31—, r%
Operating
payable,
$65,600;
1st preferred stock (100,000 no par shares), $10,000,000; 2nd preferred
stock (50,000 no par shares), $50,000; common stock
(985,000 no par
shares), $98,500; general reserve, $4,950,000; capital surplus, $650,422;
undistributed
net
ordinary income, $516,096; net realized profit on
taxes
in
.
declared a regular dividend of 25 cents
special dividend of 25 cents per share on the common
May
on
payable July 1 to holders of record June 15, 1948.
Like
paid on Jan. 2 and April 1, this year.
Including the
special distribution of $1.25 per share on Oct. 15, dividends paid in
1947 amounted to $3 per share.—V. 167, p.
$421,084
revs.—,.
Dividend of 25 £ents—
11
both
amounts
$1,226,656
805,572
oper.
Net
for
stock,
18,224
•
directors
share and
per
422,413
20,086;
22,216
.
1,500
Net
364,312.
LIABILITIES—Reserve
.
Declares Special
The
$787,787
$1,751,360
Total
Total
$15,864,500), $9,657,469; other assets, $12,000;
(2367)
?
v -1944
*
$823,935
484,432
580,858
26,715
Total
1948
CHRONICLE
1945 '
1
$894,898
625,681
revenues
Uncollec.
165,814
ASSETS—Cash, $1,050,559; dividends receivable and interest accrued,
$113,610; securities, at cost (indicated value $32,244,335), $19,530,674;
investment in U. S. & International Securities'Corp., at cost (indi¬
cated
-•
revenues—
service
1046
1947
A
$1,098,964
revenues—
Toll
50,642
•.
;
Local service
Misc.
"o*
FINANCIAL
comparative income statement/ years ENDED DEC. 31
194G
-
&
COMMERCIAL
Sr-i
1947
1948
income
Expenses
■
Number 4703
3,225,000
3,500,000
1,705,386
1,740,000
$5,130,776
$5,175,959
314,107
324,803
$2,300,173
329,186
$4,816,669
$4,851,156
$1,970,987
$5.38
$2.18
$5.34
"
The
at
a
this
year
On
Products Corp.—No Action
directors
time.
-
on
May
Similar
26
took
action
was
no
action
taken
on
on
on
June Dividend
declaring
the
a
dividend
June, 1947, payment
ago.
March
1947
the
Sept.
19,
18,
last,
following
10 cents;
a
distribution
dividends
and Dec.
were
19,
of
10
paid;
cents
On
15 cents.—V.
was
March
made, while in
20,
165, p. 3400.
15
cents;
12
THE COMMERCIAL
&
FINANCIAL CHRONICLE
Monday,: M?iy;31y,1948
•
Per
DIVIDENDS
Dividends
,
show the dividends
we
The
t
i Name of Company
Laboratories " (quar.)
^; - —-
;
Case
Holder$
17c
Payable of Rec.
5%
; N.
Y.)
Alan
Insurance
Co.
(quar.)
Wood
Steel
Alexander
&
Co.
Wood
(Alan)
Stores. Corp.
Agricultural
Bank
6%
5-29
Central
6-30
6-26
7-
1
Can
Co.,
7%
6-15
6-
Factors,
American
Hardware
American
Hoist
American
7.
$1.50
75c
_r._
1
6-21
6-17
6-19
6-
7-20
^
6-21
Childs
5,-21
Cincinnati
1
5-21
6-
7
1
6-
7
$1.75
7-
1
6-17*
American
7-
1
6-23
20c
Co.,
(quar.).
i;:':
2nd
1
35c
Copper
Post- Products
Edison
$5 preferred
Co.
8
Commonwealth
7-
1
6-
8
Consolidated
50c
6-30
6-15
$1
6-25
6-11
of
6-25
6-11
4 %> %
7-
1
6-
3
7-
1
6-
3
Steel
B/G
___^
Foods,
&
Badger
Inc.
Paper
Banco
:
de
Bancroft
Bareco
,vp'
4»/a%■
pfd.
&
6-29
6-23
6-14
7-15
6-15
7-
6-25
7-
25c
9
9
6-25
6-25
6-12
5-25
5-15
6-11
9-
1
8-10
Driver-Harris
6-10
5-28
Duke
6-18
6- .4
1
6-
6-16
8-
2
7-16
East
25c
6-1
5-24
Eastern
6-30"
6-18
4V2%
$2.25
6^30-
6-18
6%,
25c
7.-
1
6-16
$1
7-
1
6-16
8
Economic
Electric
7
Inc.
&
5%'
conv.
6-10
Electric
Boat
6-30
6-15
Electric
Bell,
6%'
prior
British
5 %;■ prior
pref.
(E.
Extra '
12 Vic
6-30
_T.
6-30
.
1
6-11
6-
7-1
6-15
7-
6-15
1
7M1
4
Erie
6-10
6-15
$1.37Vi"
6r
,
6-30
6-15
&
6-16
'
Corp.
(quar.);
California Electric Power $2.50
pfd.
Service
$4.25 pfd.
Ginger Ale
(quar.)„
__
&
6-15
6-15
6-
1
5%,
Fidelity Fund,
Inc.
6-10
1
6-11
7-
1
6-11
Field
(Marshall)
7-
1
6-18
Fifty
25c
5-29
5-28
1
7-
1
7-15
7-
& Co.
6-
2
Financial
7-
1
6-15
Financial
Industrial
7-
1
6-15
7-
1
6-15
25c
7-
1
6-15
Foote-Burt
Co
50c
7-
1
6-10*
Ford
Co.
62C;
7-1
6-15
Foster-Wheeler
50c
7-
6-1Q
Fostoria
25 c
7-
1
6-21
7
6-30.
6-15
7-. 1
6-15
68 %c
7-
(quar.)_.
20C
7- 1
15c
Northern Power Corp.,, Ltd,
(quar;)
6-21
1
6-15
7-
*15c
1
1
6-15
7-26
6-18
*$1.25
7-
6-
JSlVic
7-
Ltd.—
(s-a)..--—--
Canadian Canners, Ltd. com.
i ; 5%
1st pref. (quar.)
(quar.);
*25c
,
'
Participating
*5c
pref.
(quar.)
Canadian Foreign Investment
4
-
2
6rl0
6-10
2
6-10
7-2
6-10
*10c
•7-2
6-10
Corp., Ltd.—>
$75c
Fresnillo
25C
6-30
7-1
7-2
.
6-4
'
6-15
6-
6-14
6-
4
6-29*
6-
5
6-
5
6-
5
30 c
7-,
56 Vic
*25c
1
i"
1
,.6-26.
.
-
6-15
6-
6-
,6-25
6-18
$1.06Vi
6-30
35C
(quar.)
pfd.
Inc
Inc..
6-22
•
(quar.)
.
6-
8
6-
8
6-
8
5-28
7-15
(s-a75c
7- 1
6-30
6-15
7-
1
6-14
7-
1
6-14
25c
6-15
(quar.)
*
6-
5
6-15
6-
25c
&
1
25c
7-
6-30
6-15
6-23
$1.25
(quar.)
Company
6-
6-15
1
65 Vic
6-16
5.-26
20c
Power
6-10
5-27
$1.50
37 Vic
7-
1;
•
6-30
6 j»
3
6-15
34?Ac
Candy Corp.,'common (quar.)
Instrument Corpt (quar.)
6-15
6-30
6-15
20c
(quar.)
6-30
28 Vic
6-18
6-
8
7-
6-
8
3c
1
6-5
25C
5 7c
7-
2
7-
1
6-10
75c
■
6-15
25c
75c
"
(extra)
(extra)—
common
7-
1
6-10*
$1.25
7-
1
6-10*
7-
1
6-10
7- 1
6-10.
(quar.)
25C
!—
$1.50
..
6-16
6- 1
|25c
7- 2
6-15
7-
6-18
30c
6-15
6- 1
6-30
6-18
7-
1
6-10
7-
62V2c
1
6-10
$2
6:22
5-28
12Vzc
6-14
6-
6- 2
5-24
7?.l
6-21
(quar.)
(resumed)
conv.
Inc.
Corp. (Chicago)
pfd. (quar.)
5c
com.
(Marcus)
Theatres,
Hosiery
Mills, Ltd.
(quar.)
30c
pfd.
(quar.)
!1—__
1
(quar.)
Ltd,
7-
1
6-21
17V2c
6-10
6-1
6-30
6-11
(quar.)
class
A.
fSl
(quar.)
6-30
6-10
t20c
7-
1
6-15
115c
A
B
(quar.)
7-
1
6-15
87»/2c
6-30
JS1.25
6-15
U2Vic
—
(quar.)_
6-15
6-1
25c
6-30
6-15
*
Insurance
Co.
Field
(see
7-
2
6-25"
7-15
6-30.
7-15
6-18
*17V2c
7-15
7- 1
7- 1
* 6-18
6-20
20c
25c
(Marshall)
preferred
&
Corp,
Chemical Corp.,
*$1.25
10c
3744-c
$1-75
35c
common___
(quar.U—
Robbins
'
Brick Co
Micheals, Stern & Co., preferred
Michigan Associated Telephone Corp.—
6% "preferred
(quar.)
Michigan Gas & Electric com
4.4%
preferred (quar.)
4Vz7c
preferred
Products
(quar.)
Company
(quar.)
6- 7
6-18
6-18
6-15
6-4
7-15
7- 1
6-30
5-3L
25c
$1.25
60c
87'/2C
10c
10c
$1.12V2
7- 1
6-30
6-10
6- 8
7- 1
6-11
7-
1
6-11-
6-21
6-10
6-30
5-29
6-tO
5-1?
7- 1
6-15
6-15
7-15
7- 1
8- 2
7- 1
6-10
7-1
6-10
50c
7- 1
6-15
56'/4C
com
$1.50
30c
$1.10
15c
60c
7- 1
6-14
_____
Reclaiming
preferred
6-30
6-30
7- 1
*30c
Paving
Rubber
6- I
6- 7
60c
(quar.),.
Corp.
Food
6-15
6-15
6-30
SI
com.
Ltd. 6% partic. pfd. (s-a)
Co., Inc. com, iquar.)^
preferred (quar.)
Forming
7- 2
88c
—
(quar.)__
Distillers,
6-2Q
Co.)
(quar.)
.Merck &
Midwest
6-5*
50c
(quar.)
Mengel Company com. (quar.)
5% 1st preferred (s-a)
$2.40
6-10
t20c
Ltd.,. 5%
Mickelberry's
6-10.
6-21
(Toronto)
Machine Co. (quar.)__
& Telephone, Ltd.—
(quar.)
preferred
.Midvale
6-21
i'S6
Telegraph
Metropolitan
___n
SI
—
6-15
-r—.
25c
$1
'
$3.50
7
25c
.
Asphalt
Metal
6-10
6-
1
7.-15
7-15
Co.
&
6-l(*
6-30
7-
20c
1334 c
McCrory Stores Corp. com. (quar.)
$3.50 convertible preferred (quar.)
$4
6-16
5,-3*
t7c
Stores
McKesson
6-30
.
50c
&
Car
Mclchers
6-lf
6-30
50c
(quar.)
H.)
preferred
7%
1
37'/2c
Star. Cement Corp,
(quar.)——
Ludwig Baumanm (see Baumann)
Trucks, Inc., new common (initial)_
Mackinnon Structural Steel, Co., Ltd.—
5%
preferred (quar.)
MacMillan (H. R.) Export Co., Ltd.—
(R.
.
lB^c
Lindsay Light & Chemical 7%
Inc.
5-28
6-15
$1
$1.50
25c
Refineries,
Loan
1
(quar.)___
(quar.)
Fink Products
6- I
(special)--
(quar.)
common
preferred
,
Mastic
»
25c
:
6-30
50c
Company,
Mathieson
5-28
6-15
6-30
Co
Marshall Field
4
6-10
37V2C
Corp.
-Marven's,
—.
Corp.
preferred
(quar.J
General Railway Signal Co., com.
6% preferred (quar.)_—„—
A
I quar. 1
preferred (quar.)
Basket, Inc. com.
$1 preferred A (quar.)
5-29
50c
Steel
pfd.
6%
Bleachery & Dye Works
Monotype Machine Co^
Common
5-29
6-15
75c
7- 1
7- I
7-15
Co.—
(quar.)
Market
4
25c
Kentucky Natural Gas
Steel
Maritime
6-15
•
25c
common
6-
Semi-annual
.
Inc.,
7-1
6-10
—$1
Ltd.
Co.,
Marchant CoJculating
6-11
""
'
Mills,
20c
Ry.
class
Co.
Manufacturers Life
6-11
6-25
15c
5
35c
17c
30 c
6-
50c
Extra
1
20c
6-15*
1
50c
(quar.)
Corp. "!
Corp. (s-a)
Manischewitz (B) Company
1
7-
1
6- 5
7-
37V2C
Copper
(John)
Magor
6-17
6-30
45 c
62V2c
6-30
43%c
$1.20
50c
(quar.)
B
Mangel
6-11
10c
L__
6-30
(quar.)
Corp.,
R;)
convertible
Magnavox
Co.—
General
General
6- 5
6-30
Co.
Co
Madlng Drug Stores Co., common
55c
preferred
(quar.)_____
1
;—
(quar.)
Funds
Inc.,"
6- 1
6-14
6-16
6-25
6-7
6- 3
5-28
(quar.)
(James
Class
6-10
*10C
—
6- 7
6-16
6-30
6-15
(quar.)
Southern
preferred
Macy
6- 2
7.- -1
15c
l
Mills,
pfd. (quar.)__
preferred (quar.)_
(quar.)
7%
Lone
6-15
6-20
25C
Box
General,
6-4
6-22
Mack
6-15
$1.75
CoL (quar.)—
,
Fruit of the Loom, Inc. pfd,
(s-a).
Garfinckel (Julius) & Co. com,-(quar.)
5 Va7c
preferred (quar.) 1.
4Vz7c preferred (quar.)
Garrett
Corporation
(quar.)
General
6-8
$1
Common
6-28*
—
Y.
City
London
6-28*
7-15
(quar.)
(s-a)
Co.
6-2
50c
"
6-15
1
7-15
60c
General
*15c
...
yL-
2
7- 2
7-
Frankfort
Frontier
7-
$1.061/»'
Steamship Lines,
6-21
7-
62'/2c
5-28
7-1
*75c
11V2c
Stores
Y:i
<N.
Co.
Eeiss
Class
-70c
!
Pressed
6-10
S3
100%
25c
Co.,
$4.80
Loew's
6-1$
6-18
(quar.)—,
6-14
5
10c
75c
Machine
Lamson
&
75c
6-10
Quarterly
■
6-15
7-
$1
Loew's
6-10
Fireman's Fund Indemnity (San Francisco)
Hotels
6-18
7- 2
Co
Co.
Trust
&
Liberty
6r30
1
4V4%
6-12
Silver
"
6-13
.
1
6-30
i_—L
N.
6-18
25c
Department
Leonard
6-15
7-1
—
Building,
Industrial Fund,
1
6-10;
7-
(quar.)
of
6-30
(quar.)
Lchn &
$1.50
Stores
1
6-30
Paper Co.—
(increased quar.)
Lehigh & Wilkes Barrc Corp,
$1.75
*
Co;
5-31
(quar.)
dividend)
(stock
6-15
1
$1.50
—
-
Trust
1
30c
$1.50
common—
(s-a)
7-
(accum.)
1
—L
$1.50
(quar.)
5
(quan)——
Extra.
Fiduciary
pfd.
6-15
6-
Ltd
Broadway
.
6%
Bakeries,
Leath
6-18
—
preferred, (quar,),
7-
5-31
7-
35c
Salt
Lanston
'
1
1
t$1.25
Co.,
6-
1
(increased)
Shoe
6-1
6-
7-
t75c
(s-a)
Mortgage Corp.—
Ont.)
(quar.)
preferred
Lanett
Co.—
Co.
Gas
Curme
31 Vic
com
5%- non-cum preferred
conv.
6-
&
7-2
6-10
25c
common
7- 1
6-11
—
1
t25c
f25c
quar.)
Ltd.,
6-15
•
7-
^
6- 4
6-18
7-
Ltd.—
preferred
Lancaster
5-28
"
Canada
Participating
Truck
Water
Feltman
Co.,
6- 2
6-12
Erie
&
Laclede
5-28
25c
28i/aC
___
Canada
non-cum.
Motor
Federal
6-17
90a
(quar.)
—
Campbell (A. S.) Co. com.
$2.50 pf. (quar.)_____
Dry
Federal
6-10
6-29
$1.75
pfd.
Burgess Battery Co. (irreg.)
Manufacturing Co. 4Vi% pfd. (quar.)
5% preferred '(quar.)
._!
Bush Terminal Bldgs. 7%
pfd. (accum.)__
Byers (A. M.) Co.__
!
Water
6-30
6-iO
30C
& Bush
Financial
7.-15
Felt
6-30
50c
$1
common
Co._
Manufacturing
preferred (quar.)
Labatt
6-lQ
7-
25c
,
35c
3.6%
9
$1.25
Family; Finance Corp. com.—
4Vz7» preferred A (quar.)
Famous-Players Canadian, Ltd.
5-28
.
15C
_
9
7-
50c
50c
(quar.)
7-
6-30,
62 Vic
Corp.
Co.,
Special
1
50c
L—
-
15c
G.), Iron
6-15
Corp.
2 Vic
;
1
5-29
75c
1
^
Co.—
(s~a)_
7-
1
65c
Co.
W.i,
(increased
A
$2.50
(Calif.)
Exolon, Company
(quar.)
Falconbridge Nickel Mines,
5
"
*25c
Railroad
A
Kennecott
6-15
com
Exchange Buffet
.
10c
1
$1.50
—
Ex-Cell-O
'
(Frank
Statler
6-10
t6c
Whitney
(quar.)
$1.50
6-11
7-
(increased.)
Goods
preferred
Class
6-15
I
6-
$1.12 Vi
preferred' (s-a)
6%
2nd preferred
(s-a)
Emerson Electric Mfg. Co.; cornmon
7% preferred (quar.)
5-20
6-
31,1/40
371/aq
1
6-11
12%
—
(quar.)
Dry
6- 4
Kelsey-Hayes Wheel Co.—
75c
1st
6-18
6-11
Kearney
1
75c
preferredv(quar.)
&• Walker
17c
$1.75
6-18
50c
Corp.
1
(quar.)
6-
6-25
$1.25
Light $6 pfd.
Products
preferred
5'V2%
6-19
50c
Ry.
5%
6-19
50c
'_
__
Electric
6-30
15C
(initial)
7-
3%
(accum.)
Elliott. Company
5-26
37 Vic
i.
!
Electrical
6rl6
6-1
•
&
preferred
7-
common
25c
4%
"
25c
(quar.),*.
$7
Ely
$3
com
'7% preferred (quar.)
Buffalo-Niagara Electric
GOc
4
6-15
Electric—
& Sharpe Mfg., (quar.)
Bucyrus-Erie Co; com.—..
Canada
6-
6-30
Power
2
6-25
Ferries,
Electric
*
.
Brown
California
7-
1
6-15
$1.75
(quar,)
& Mfg.
6% preferred
10c
Brooke
T.
7-23
7-
5
7-
Co,
Electric
4
25c
(quar.)_I__
com.
Broadway Market Corp.
Brockway Motor Co
I.
6-
6-18
75c
Ltd._
6-
$1
666-21
Kansas
4
■
6-10*
6-14
50c
'
preferred
Columbia
6-28
25c
1
20c
Controller
6-15
.
7-
31 Vzc
(s-a)
Trust,
6-25
1
Irving
■c-
(annual)
6-
6-15
6-14
7-
Jones
-
6-30
$5
....
6-
$2
Co..
6-30
10c
50c
50c
International
4
6-15
25c
-;L :
(s-a)
Investment
30c
Co.___
Corp.
preferred
Inc. .!
prior preferred
811/40
Corp;*.
(quar.)
Laughlin, Inc.
6%
5-20
Co.
Interstate
6-21
50c
com.
Auto-Lite
50c
6-
25c
Co.
5-27
1
6-
Furnace
International
Associates—
Iron
Paper Corp.
6-15
(quar.)
Bound Brook Water Co.
(irreg.)
Bridgeport Brass Co. 5Vi% conv. pfd, (quaf.)
British-American Bank Note Co., Ltd.
(quay.)
i'
Eaton
5-1-4
Stores, Inc. (quar
botany Mills, Inc. new com.
5%, preferred (quar.)
;
Eastern, Malleable
.
6-30
$5
6-
$4
5-20
6-30
50c
preferred (quar.)_
preferred
(accum,)—,
6-
Bond
;y?
Fuel
&
H0c
Co., Ltd.—
1
Joseph
prior
1
.
7-. 2
6-" 1
Co.
Mahanoy RR. Co.
Gas
6
75c
Sulphur
6-14"
Extra
6-15
1
Texas
1
com
7-
com
Bonus
Duval
6-21
6-28
1
Common
6-15
n
7% preferred (quar.)_
Dunlop Rubber, Ltd., Ordinary
1
(quar.)
6-30
75c
Co.
6-21-
1
25c
$1.25
•
International
6-15
Co.
Power
1
5
6-25
4
dis¬
Doehler-Jarvis
7-15
Corp.
6-
1
6-30
_jL~
(s-a)
6-30
25c
;;
C.
Inc.
6-
Blue
5
(quar.)
Hotel,
7-
Bliss
:
B
Witt
"
preferred
6-14
7-
$1
District Theatres Corp. (quar.)
Corp.
(quar.)
Draper Corp. (quar.)
Class
7-
,
6-10
6-24
40c
(quar.)
L*.
De
1
15c
,
5%'- preferred (quar.)
Blackstone, Valley. Gas &
6%' preferred (s-a)!
:
pevoe & RaynoJds, class A
6-11
77-
15c
______
Extra
6-
6-15
7-
Interstate
(quar.)— T
1
7-
(quar.)
6-30
$1.50
a
(quar.)
Inspiration Consolidated Copper
Inter-City Baking, Ltd.-^
International Coal & Coke, Ltd
4
*25c
as
7-1,
<
7-
Common
dividend.
a
Corp.
55c
Aviation
25c
,
classed
7-
$1.25
-*'!:
not
Steel
*$2
Bingham-Herbr.and
.
tribution,
Detroit
is
payment
25C
.,
6-
*$2.50
24c
shares
6-21
$3.12V2
(accum.)
(s-a)
50c
gt Best Foods,
.
above
This
6-15
25c
Ingersoll-Rand Co.
6-12
(quar.)—.
Dempster Mill Mfg. Co. (quar.J
International
Bridge^
6-10
$1.05
1
55c
pfd.
6-
7-* 1?
$1
Industrial Wire Cloth Products Corp.
Corp. of Canada—
50c
—
Berghoff Brewing
V
preference
8%
6-21
20c
Quarterly
6-15
$2.50
(quar.)
$1
'
2
Detroit
50c
(quar.)
Benjamin. Franklin Hotel
•
Michigan RR.,
&
6-15
25c
—
35c
(London,
6-10
7-
(quar.)
Debenture & Securities
6-10
6-30'
25c
25c
Huron
3
7-
(quar.)
Dayton
Ltd.,
Frere,
/...LLXU,
$3.25
.
Publishing
6-30
25c
(quar.)_
1
40c
6-10
$1.25
Beneficial Industrial Loan
6-lu
(s-a)
6-15
"
.
of
Hardware & Mfg.^.iLj...-.....^.
Telephone Co. of Canada (quar.)
Bcndix
preferred
(quar.)
America, Inc.
10c
(quar.).Li;
6-
1
$50c
Hyde Park Breweries Association, Inc.—
*40c
* 10c
6-24
Belknap
Bell
7-17
7-
7-
'
(quar.)
Humphreys
5-27
Ltd.—
!
Company
5%-
Bausch & Lomb Optical com._u_
.4%preferred^ (quar.)!
V
5%
Shoe,
Co.
7-15
common
(s-a)
6-30
6-10-
Corp.
Class
6-15
(quar.)
12 V2C
:
'
Industries
Ltd.
L.),
$1.12i/2
__
com.
1
1
Co.
6%
*25c
Co.—
Co.
7-
7-
(quar.)
Hubbard
6-10
6-16
^
quar,)
1
50c
6-30
Co.—
(quar.)
6-
7-
f30c
Powder
Class
4
6-14
6-21'
(s-a)
& Sugar
preferred,
Horner
6-14
1
1
(quar.)_
Brewing
W.) Co.,
Hotels
9
7-
7
7-
Cement
$4
8
6-
$50c
15c
1
6-
6-30
6c
Ltd
class A
7-
6-30
Fran.)
Co.,
&
Industries, Inc.————
Beech Creek Railroad
(R.
Mfg.
David
$1
8
$ 1.12 Vi
6-15
2
8
6-
90c
1
8-
6-
6-30
10c
$7 preferred
25c
(increased
(Ludwig)
(San.
Publishing Co.,
__
Furniture
Co.
$1
Co.
Corp.
1st
Crowell-Collier
6-
25c
Andes, American
(Joseph) & Sons
Baumann
Creameries
5-21
Mills.
Oil Co,
Bassett
6- 3
6-15
Crain
8
10c
Los
Oil
6-22
5-31
1
7-15
6-30
90c
(quar.)
Continental-United
Crane
30c
8
65c
6-
$1.50
Corp.
(G.)
Quarterly
Hollingsworth &
7-10
6-
7
1
(quar.)
Hollander (A.)
& Sons, Inc.
(quar.)
Hollinger Consolidated Gold Mines, Ltd.—
7-10
7-20
6-30
37»/2C
Paper Corp.,
Co.L
6-
$2.50
7-20
25c
Gin
6-29
^
/. Bangor & Aroostook RR.
5% * preferred (quar.)
vii: Barber
Consolidated
Craddoek
(quar.)
6-17
(quar.)
—
6-
(quar.)__
1
(quar.)
Curtis
(s-a)
7-
25c
Louis
1
_!!
Baker-Raulang Co. (s-a)
Baldwin Locomotive Works,
7%
preferred (s-a)
K
$1
6-
7-
Holland
6-17
Corp
Lithograph
30c
Ry.
$1.75
6-21"
7-1
Co..
common...
(George
!'/<
6-11
1
7-1
25c
$1.0614
—
Hercules
6-14
7-
6-10'
Hercules
7
6-25
1
2
(initial)
common
Helme
1
6-
6-30
(quar.)
Quarterly
I21/2C
(quar.)
Wilcox
preferred
6-10
7-
6-
50c
Corp
Investment
common
6-14
Products
Corp.
Bait.,
7-
$1.25
4
30c
common
Engineering
Consolidated
6-15
1
2-10
6-
Corp.,
preferred
Heileman
11-10
6-17
preference
Winkle-Munning
Hein-Werner
Consolidated Gas Electric Light & Power Co.
6-18
1
7-
11-15
7-
6-
6-15
$1
(quar.)
Hawaiian Commercial
9
2--15-49
6-15,
(quar.)
F.)' Printing Co.
2nd
New
30c
(quar.')l
Solvents
25c
City Electric Co. (quar.)
Greyhound Corp. 4% pfd.
Babcock
6-30
$1.50
_
8-10
(quar.)
Co.,
preferred
Continental
_
,
Fe
Credit
6-
3.60%
$1.50
(quar.),
Colleries
Commercial
1
(quar.)a
(quar.)
8-15
6-10
7-
75c
(quar.)
$4
6-
1
Ltd.
(quar.)
participating
(W.
5%
6-15
6-24
4
1
Canada,
Harrisburg Steel Corp. (quar.)___
,Hart Battery Co., Ltd.___:___—Hathaway
Mfg.
Co
6-10
7-
25c
6-10
6-10
Commercial
50c
Arnold Constable Corp.
Atchison, Topeka & Santa
W
5% ' non-cum. preferred
Extra
1
.6-15
$1.50
/Arkansas Natural Gas 6% pfd. (quar.)
Armco Steel Corp, 4Vi% pfd.
(quar.)
Automatic
1
1
com.
6-30
$1
25c
$1.25
(quar.)
$1.37,/a
(quar.)
of St.
Iron
&
7-
com.__
4
(quar.»
Bottling Co.
Fuel
Colorado
50c
15c
6•%. pfd.
Mining Co
Arcady-Farms Milling
Ayshire
77-
6-30
Cola
Coca
(Indianapolis)—
Co.
Arizona
6-14
.
Anaconda
Atlantic
5-28*
25c
_
6-
of
Co.
common
Harnischfeger
4
6-19
4
6-
7-
10c
.Haloid. Company, common; (quar.)
4%,
preferred;'(quar.)
7"
$1.75
5-28':'
6-10
50c
Tobacco
Atlantic
7-
6-10
preferred
$1:
Hall
5-24
6-
$2
4%
1
7-
1
6-
6-19
(s-a)
6-
Co.
8-1
•
Fisheries,
Hanson-Van
7
$1
1
1
6-
7-
(special)
Power Co., $6 preferred (quar.)
Hahn Brass Co., Ltd., common
6-21
6-
$1
(quaj.)
Molybdenum
1
1
87V2C
—
Mills——
5
Cluett
77-
7-
$1.50
Gulf
5-24
50c
6-
6-15"
35c
56V4C
(quar.)
Rubber
&
Corp.,
preferred
4'/„%
5-2F
8
$1.75
6-
$1.75
__
American
Worsted
8
$1.75
City & Suburban Homes Co,
Climax
7-
6-
1
1
1
6-12
t$l
Tire
Greyhound
1-
7-15
6-
6-
6-30
(quar.) '
Gorton-Pew
1
75c
.
Ltd;
5
6-
50c
-
(quar.)
7%
American Sumatra Tobacco
Anchor
preferred
6-15
30c
•••••.
preferred
1st
1
Quarterly
4
1st
7 7c
$7
,,
6-
6-15
Co., Inc.
6-10
"
5
$1.75
7-
preferred
Co. com
;
6-
6-21
40c
Peabody & Co., common
preferred (quar.)
(s-a)—
J.)
6-12
-
(quar.)
5-28
___
(N.
1
6-21
50c
(quar.)L
6-15
10c
,
f American Stamping Co
| American States Insurance
preferred
Cleveland
(resumed)
American Snuff
■ 6%
preferred (quar.)
V
1st
7
1
50c
(accum.)
7-
50c
-
Rubber
7-1
6-12
$1.5*0
»—
common'
6-
20c
20c
—
(quar.)
Telegraph
(quar.)
Stock
Goodyear
6-15
6-12
&
50c! :
Optical Co.
non-cum.
Gas
6-
(quar,)_
common
1
1
(quar.)
preferred
&
Goodall
2'
77-
(quar.)
6-15
Co.______
Reserve, Insurance
American. Ship Building Co.
N
quar.)-
25C
American
•17%
(increased
30c
(quar.)
American Power & Light $5 pfd.
$6 preferred (accum.)
'
(quar.)
Co., $5.50 preferred
17c
J.) —
(quar.)
Locomotive
7%| preferred
6-
5C
Electric, 4% pfd. (quar.)
Cincinnati,! New Orleans & Texas Pacific
City of Paris Dry Goods Co,—
6-14
1
7-
25c
American
6-11
$1
-
A
6-16"
6-21
40c
(quar.)-
class
6-14^
6-29
50c,
Co.
Co.,
6-24 '
15c"
N
(s-a)
Company,
4Vs %
Gold
6-15
40c
(quar.)
$1.25
% American Machine & Metals
1
$1.75
Corp.
Co. com
Chicago Dock & Canal Co.
1
7-
_
&. Derrick
7-
Insurance
Holders
Payable of Rec.
100 %
(quar.)_;
L.
Distilleries
preferred
Glidden
7
25C
6-
;
6-23
Home Products
(monthly)
Laundry Machinery (quar.)
American
i
General
Storage
(increased)iOhio Light & Power. (quar.)
6-
'
75c
1
Ltd. —
6-16
6-
i
Co.
Co:
B 1 (quar.-)
6%-
6-16
6-15
Falls
Class
7
6-30
93 %c
—
(Chicago Towel Co,, common—'-w——
V! 7%
preferred (quar.)—
4
40c
—
(N.
6-
Coal;
When
•
Share
'•
i
& Lumber—
Li
Refrigerator
Alden
Glenmore
6-15
6-30
Cold
15c
...
(quar.)
Co.
6-306-25
50c
Chapman- Valve Sfifg-.'(quar.7-——
Chesapeake & Ohio Ry., cominon (quar.) —
v
3V3 7c convertible preferred (quar.)
2
6-30
$3
______
preferred
5;
40c
^Central Warehouse Corp., class A__^
6-15
75c
com.
5-
50c
(quar.)_
American
/!
6-15
35c
__
v
Central
12V2 c
—.
American Casualty Co.
American District Telegraph
Quarterly
f
9
(s-a)
Chemical--.-.—,
Note
preferred
American
.
6-
75c
(quar.)
American
5-26
x.
Plywood
dividend
Gibson
Glen
of Company
Pacific
Stock
6-10"
6-14>
$1.25
-
American
,
1
50c
& Western Ry., guaranteed
Realty Co. series A pfd.__:
Chemical. & Dye, Corp. (quar.)
Allied
7-
Ltd.„___.
AlUs^(Louis) Company (quar.)
6-10
■
50c
Extra
$1.25
Alliance
:
9
Steel
Allegheny
Allied
6-
_
see
Baldwin,
1
(Watertown,—
iZZZJ
■.
Georgia
.
Investment
7-
15c
_.
Agricultural
2
7-1'.-
.
25c
.
com.
preferred
Central
50 c
Standard Engineering Co. com. (quar.)
preferred (quar.)
&
(J. I.)
30c
-
2
7.
$1.50
(quar.)
3,%,% 1st preferred (quar.)
Carpenter Steel Co. (final)
'Carriers
When
Share
V:-
Abbott
Aetna
450c.
Per
Name
6-10
Glens
interest
—
Carnation Co.
are;
Per
11
beneficial
,,
,
dividends, announced this week
of;
^Carborundum Co. (quar.)——
Carey Baxter & Kennedy (quar.)
■Carey (Philip) Mfg. Co,, com. .(increased)5% .preferred (quar.),,
company name in our "General Corporation
Investment News Department" in the week when
-
Certificates
.
under the
declared.
7-
t$l
-
..
'
•
previously announced, but
which have not yet been paid. Further details and rec¬
ord of past, dividend payments in many cases are
given
and
7-2
$$1.25
.
.
Holderi
Payable of Rec.
t$2
;
first we bring together all. the dividends announced, the
current week. Then we, follow with, a seconds table in
which
Share
Oil
Cos,;, Ltd., 8% pfd. (quar.)„
5%
preferred (quar.f^
;
L 4,%
preferred- (quar.)—-—
.Canadian Westinghousa Co.,. Ltd. (quar,)
Capitol Building Co« (Chicago)—
grouped, in two separate tables* In the
are
Name of Company
r
Canadian
When
Co.—
(quar.)_
(Continued
on page
45)
.
v
7 •?.
! Vblunie 167
Number 4703
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
-13
(2369)
N
Stock Record «» New York Stock Exchange
DAILY RANtE OF PUCES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
Range since Jan. 1 ■
Highest
k:-.Tear 1947
/^LOWCSt///
I per share
90
87%
43%
Apr
Feb
6
Feb
80
4% Feb
11
11
July
10%
Dec
60
Oct
13 y8 May
18%
Oct
45% Feb
14% Feb
38
55
Jan
42
Apr
6
40%
Oct
28% Feb
13
7% Feb
10
May
30 % May
6
10%
Dec
Dec
Feb
22% Feb 20
101
Mar 11
3% Apr
14
31% Jan
102% Aug
14% Feb
26
*
6%
5%
■
75% Mai? 19
Jan
76%
48 Va
Feb
10%
Dec
164
104
Nov
202
May
91
11
Jan
5
3
198
73
371%
38
37%
36'
Air Reduction
4%
4%
21%
common
.—
Industries
Allen
Inc
Allied Chemical &
42 Va
41 Vs
5 41%
95 Va
96%
96%
30
*29%
30%
*30 VA
30%
30%
31
May 21
6% May 17
50
Jan
2
9
8
68
27
May 15
9
70
103% Feb
26
Feb
3% Feb
11
76% Feb
6
167% Feb 21
37% Mar 16
28%
Feb
Mar
8
18% Mar
5
104% Jan 28
Feb
25
Feb
26
49% May 21
5
Jan
2
7% May 20
13
Jun
17% July
14% Mar 16
16
Dec
20% July
16
Jan
22
2
Jan
5
July
42%
3
65% Mar
6% Mar
4
4
Mar
Apr
Oct
37% Jan
20
5% Feb
10
Jun
48
x34%
Jan
20% Feb
11
10%
Jan
6% Feb
25
9%
65
22% July
May
106% Mar
Apr
6
May
88
Apr
16
17% May 18
19
Apr
15
4% May 15
9
89% Jan
8% May 21
92
conv
St
Radio Corp
7%
*108
conv
American
80 :
Dec
7%
thare
5
11
*49%
50
49%'
49%
49 %
50V2
50
50%
x48%
49%
*19
191/2
19
19
18%
18%
18%
18%
XI8V4
18%
*18
20
43 V2
—1
7
32% July
24% Mar
July
Deo
Feb
7
18% May
39%
Feb
9
Mar 23
125
14%
29
127
147
Dec
8%
Feb
17
Feb
v
10
2
33% May 21
11% May 15
16%
Feb
129%
Feb
81
Feb
11
117%
Feb
72% Feb
21
95% May 14
86% May 14
17
Feb
12% Feb
13
16% May 21
186
Oct
164% Apr
6
6% Feb 28
10
Mar
9
Jan
9
16%
Feb
22%
Feb
16% Feb
14
25
May 15
Jun
42%
Oct
38% Feb
11
46
Apr
48% May
70%
Dec
46% Feb
11
68
May 27
172
July
Dec
40
Mar
Dec
158
Jan
37
Feb
32
136%
"
25% May
23% Jun
r
28% July
May
29%
47%
Jan
34
116
May
146%
Feb
21
-
18%
Jun
20
Oct
Deo
Apr 27
25% Feb
27
22% Mar 12
18
May 10
18 > Jan
21
54 Va Mar 29
120% Aug
Oct
132
Apr
46% Feb
116% Mar
Dec
Oct
36% Mar 17
May
68% Jim
Feb
95 hJan
103%
Feb
76% Mar 16
6% May
10%
Jan
69%
110%
62
May
; 20% May
96% Dee
35 :
Not
f
.
2
v
9%
Apt
Dee
•
r
7
Feb
11
21
Jan
20% May 25
158
May 27
5
68% Jan
Mar
119% Jan
8% Apr 22
55% May 24
103 Va May 26
111% May 24
8% May 21
30% Feb
11
41% May 27
Feb
10
Dec
16
Jan
6
30
28% Mar 19
May 19
44% May 27
38% Jan
5
3%
3%
71%
71%
12%
12%
11%
12%
61
61
60
61%
63
10
*42 %
431/4
1
6%
*48%
491/2
1
26
25%
*14%
*16%
.1
251/4
*102
14%
16%
16Va
251/4
24%
*104%
110 Va
*104%
14%
108
*91
33%
33
*130
95
33%
33
133
*130
133
32%
8%
8%
8%
*32V2
34%
32%
32%
*91
95
9%
32»A
32%
133
*8%
No par
21
9%
*130
8%
X20
95
9%
1
*32%
—
t perthars
21
*91
9Va
9V4
26
7%
*130V4
8%
8%
*33
34
10%
32%
133
8%
34Va
14%
7%
92
40%
25%
14%
14%
16%
16%
*16 Va
25
25%
ib7
107'
25
107
Thursday
May 27
*91
10%
32V2
*130V4
8%
*33
95
IOV2
32%
132
S'%
33'%
*33
10%
10 Va
101/2
92
93
81%
82%
*82 %
16%
16%
16%
16%
161/2
16%
16%
16%
161/2
16%
16%
American
i%
Snuff
non-cum
American Sugar
7%
Co.
Sumatrn
61$
;
Tobacco
Am
19%
59%
5
$4
Andse
Clayton
Copper Mining
19%
*34
135
*133
*23%
43%
66%
159
34%
135
25
50
19%
39%
*19%
39%
39%
127
*125
20
39%
126%
/
20%
20%
20%
x20Va
157%
157%
1571%
59%
119
*118%
119
118%
118%
7%
53%
55
*102V4
103%
103 Va
103
110
111%
108
66%
*64%
66%
*64%
40 V2
40 Va
40%
39%
41 Va
40
34%
34
34%
16
!
29%
28*12%
-
30
13%
«.=■
*118%
108
vc*
7%
57Va
67-
8
55%
8%
*56%
57
20
39%
126
157%
140%
40
29%
158 Va
690
34%
400
34%
135
34%
135
7%
7%
54
•
Va
59%
140
20
39%
126
20%
158
60
141
68'%
119
118%
118%
118%
8
54%
8
X52
8
53%
103%
*103V2
103%
109
*103
108
8'/a
7%
7%
7%
66%
*64%
66%
64%
65
40%
39%
40%
40%
41%
41%
41
33%
43
34%
43%
»33%
105%
57
57%
56%
56%
*56%
30
29%
29%
29%
13%
13 Va
*12%
30%
*105
59%
140
69%
108
34%
20
157%
68%
103%
8
19%
39 Va
*125%
70
106
'
158
158%
135
1,000
50
1,000
19%
60
*105
15,800
9,100
59%
34Va
67%
33%
140%
39%
67
26%
67%
106
330
68
13,800
33%
60%
34
43%
26%
140%
*105
23%
43%
26%
66%
39
"
*23 Va
43%
341%
59%
40
10%
24%
26%
140%
*64Va
175
10%
33%
20%
8
800
2,000
38,600
33%
67
110
16%
21,100
26%
157%
8
83
26%
*125
142%
7%
10%
91%
200
x32%
20 %
54Va
10
500
*
26%
157%
59%
33%
91%
171
90
8%
34%
66%
8%
34%
*133
11
13.1
33%
140%
54%
158
175
Bharee
*26%
20
20
597/8
34 Va
*33%
*133
40 Va
125 %
157%
103%
Corp..
34
39 %
20
8
21%
158 Va
125%
157%
*107
* Co
158% 159
24%
43%
67
8
No par;
Oil
66%
27
*102%
preferred
20
:■
64%
34%
1
Anaconda Wire R Cable
No par
Anchor Hook Glaea Corp com—12.50
66
135
54%
100
65 prior eenv preferred
Anaconda Copper Mining
64
34%
No par
com
43%
*24
.
10%
*118%
common—No par
Smelt
43
*170
11 Va
141
141
100
7%
preferred
$4 conv prior preference
Amer Zine Lead St
24%
10%
*66 Va
100
Water Works Co Ine
24
43
26%
40
157 Va
25
common
24%
27
125 %
175
43
34
20 V2
40
125%
*170
11%
34%
*20
175
11
135
34%
135
5
preferred
Woolen
158%
100
preferred
American
158%
159
34'
American Vlaeoee Corp common—14
51$
64%
*26%
100
American Tel 4u Tel Co
Amerlean
64%
*33%
'-—.—100
Tobacco
64%
*131
-No par
common
43
159
No par
Refg
24%
43%
63%
-
100
Foundries—No par
24
*43
.25
common—
preferred
preferred
American
24
*170
Sales for
the Week
3,100
*8%
82
111/4
200
32%
32
131
93
175
107
8,200
10
11 %
200
II,100
6,100
81 Va
*170
900 '
16%
10%
*91
111/4
14 Va
25 Va
10
10%
175
13,600
12,300
*91
83
111/8
8
20%
95 *.
93%
*170
26%
20
201/2
10
100
200
2,400
92
20%
82%
Safety Raior
•
American Seating Co
—No par
Amer Ship Building Co
No par
Am Smelt lb Rsfg eommon—No par
7%
preferred
100
6%
Friday
93
preferred
41
May 28
94
7%
500
49
I per share
84%
Amerlean
800
6,400
62
# per share
84%
10%
13,600
'
94
10%
3%
7%
*82
941/2
10%
3,900
3,200
6%
*47%
84 %
28
f-
9%
Wednesday
May 26
6%
25%
*82
14%
SALE PRICES
42'/a
49
10%
Anderson-Prlohard
i.
*104%
VA
6%
941/2
Anderson,
Apr
llOVa
COO
3 7%
17%
3%
84%
31% Apr
14!
*91
95
*9%
*41
16%
25Va
1101/8
20%
17
*17 Va
No par
No par
Amer Rad d> 8t San'y eom—No par
57% May 17
Mar 17
14%
20%
3%
72
*47%
8
92
24%
S per share
21%
3%
,*71
25%
*16%
$ per share
20%
17'A
18%
6%
49
8
Tuesday
May 25
20 %
17 Va
42%
14%
May 24
9,400
6%
*61%
16%
f per share
No par
Co
Monday
41%
*6%
61%
25 Va
25
May 22
preferred
preferred
•8
I
'
Saturday
-
39 Va
6%
61%
71%
*82
LOW AND HIGH
STOCK
43%
'
62
6%
8 Va
*16%
24%
15
1,300
*60
92
14%
17
25V4
306%
11%
26 Va
8
*82
10
106 Va
71
25 Va
8
94
90C
9,100
11%
*47%
8
600
92%
71
*41%
*84
'
19 Va -20
Va
42
8
2,300
!
105%
Xl7%
3%
18%
12
6%
49
S5
ya
20
50%
11%
6%
42
8
100
46% Mar
8
6%
107
12
11%
*47%
*85
common
3%
*70
6%
43
100
Fdy Co com—No par
preferred109
Fowsr JS
3%
72
49
26%
6%
*48
26%
3%
*70
No par
—1M
106 % May 28.
For footnotes see page 24
Locomotive
*42
6%
50
com
preferred
4
11
6%
3%
98% Feb
16% Feb
46
*6%
4,000
40 % '*■ 40%
Light eom—No.par
86
13
67
24%
6%
12%
preferred
Amer
9
May 26
16
Jan
39
6%
44
44 %.
71%
American News Co—
6
62% Jan
Dec
:
45%
6%
6%
3%
Steve
5
May 21
17
58% July
46% Jen
<14%
61
44%
42%
7
12%
Amerlean
24% Jan
Mar
38%
105
71%
Stores
Feb
111% Mar
101% Not
106 V2
Foreign Power com—No par
No par
No par
Steel
Apr
42
105%
106Vi
17%
American
70
8%
90
*105%
18
American
144
50%
i%
26
22
14
6
Jan
Apr
15
Jan
7% Deo
16%
105Va
17
27
41
Feb
Dec
*91%
41V4
17%
34% May 18
129
147% Mar 17
60
35% May 18
140
13
34% Feb
12
159% May 21
116% Mar 15
Feb
163% July
■; 41% May
Xll6%
31 A Mar 19
131
82%
Apr
135
Oct
Mar 10
139
174%
149% Jun
62
Dec
93 Va
40%
17 %
American Molasses
27
12 % Jan
176
9% Auf
15% May
Deo
20
*91 Va
41%
.
18
Far
14
Deo
142
-19%
93V4
40%
'
17%
American Metals Co Ltd com.No par
Jan
8% Jan
Dec
34
19%
*91 VA
40%'
'»19%
17%
34% May 15
132
7
Deo
*19%
91%.
^.r/40 %
17%
Amer Machine Si Metals
76% Deo
170
44 Va
20%
91 VA
40%
92
18 y4
SS Co
•/»
20%
17%
preferred
50 Va
*
17%
May 17
10% May 27
85
11% May
105
*61 Va
*26%
*106 Va
40 Va
1 05Va
92
No par
27
107
*2QVa
*90%
21%
*401/2
*103%
26 %
107
171/2
cum
1,700
26%
*106%
Co
preferred
3.901$
500
26%
26%
108%
No par
American lee common
92
6% Feb
Feb
15%
x25% May
79% Feb
Jan
101
Dec
99%
26%
26%
240
47%
99%
*106%
108
175
47 VA
26%
18
Amer Maefc 4b
173%
.
108%
I perthare
21% May 24
Mar
99 %
26%
EXCHANGE
9
16;
47%
99 VA
*106%
STOCKS
Sep
28%
Jun
47%
99
17%
NEW YORK
4,500
26%
95% rsb
18%
174%
47%
99
17%
Lowest
10,300
108%
Jan
$ per share
*173%
46
98V2
40c
Range for Previous
300
5%
87 VA
26%
American
Highest
174%
46%
98%
175
103%
5%
6 Va
88
46
No par
non-cum
108%
86%
109%
*106%
American Home Products
Rang# linos Jan. 1
Highest
*108
100
American International Corp.No par
American Investment Co of 111
1
f per
6
No par
25% May 17
Tear 1947
109V4
173%
16% May 21
f per share
109Va
*108
173%
5
Lowest
109%
109
*108
47%
99 Va
Diatllling
oonT
Tit
3,500
4,600
175%
American Hide St Leather
May 27
14%
43
47%
*98%
11
107
14 Va
43
175%
18% Mar 17
27
14%
43
47 %
10% Feb
116
14%
42%
99
13% Jan
Deo
14%
43
175%
Oct
May 21
13%
42%
99
Feb
15
13%
42%
47 Va
Nov
•
13 Va
42%
*174%
preferred series A-100
70
13%
43
—.—100
30%
13
2,200
4,600
Si Fdry com—No par
preferred
6V
60 Va
68%
5%
preferred
6%
34,800
26
87 VA
American Hawaiian
3,800
9%
60%
5%
21V4
3 400
50%
9 Va
13%
6%
*90'%
40%
118%:{
49%
9%
67 Va
87%
Tiling
American European Secur
American Export Lines Inc
$7
118 Va
50
25%
5%
American Encaustic
Amer St
119 >/a
C9
86%
Colortype Co
10
American Crystal Sugar com—-10
4%% prior preferred——
100
American Cyanamid Co com
10
4,100
*
61 Va
5%
;
800
6Va
50
26%
87%
preferred
21,900
;/'•/ l.ioo
60 V2
5%
100
100
-V
26%
87 Va
—
6%
*48
300
I,700
10,700
42 Va
■
109Va
6
3,300
/
X
'■•I
92
*90
50
*68
6%
Chain & Cable Inc
3%%
13%
42 V4
*68
88 Va
14%
102
■
13 Va
41%
70
*68
87%
May
9% May
300;;
2,900
36%
36
6 Va
6%
*47%
88%
preferred
conr
70
9%
6%
50
88%
preferred
American Car
26 Va
6%
*47%
25
common
18% May
12
69
100
1
13
Jan
26%
*68
preferred
4%
Amer Cable
American Can
5
26% May 20
62%
'26Va
70
com—No par
$6
5
*61
26%
Brake Shot Co
Amer
12
Jan
61%
26 Va
American Bosch Corp
77% Jan
7% Jan
60%
26 %
$7 2nd preferred A
53
9%
6%
50
118
63%
13% May 18
43 VA May 17
49%
9%
61%
American Chicle Co
Feb
118%
49 VA
26
American
Jan
119%
49
9%
63%
Apr
11
119
49%
9%
26
May 18
94% Feb
119%
48%
119
*68
20
21% May 21
*47%
10
51
'41% May 26
106% May 26
6Va
*62%
con?
4
,91% May 25
29%
6%
49%
119Va
80
1
5%
5
30%
100
cum
preferred
Amer
13
Feb
30%
6Va
preferred
6%
92
*48
119Va
50
9%
May 21
10
16
88
55
6,700
196 %
193
197
*90
6V4
9%
3%%
196%
50
119%
49%
American Bank Note common
92
198
30%
9"%
107% May 13
Jan
Feb
Mar
*90 Va
197
*47%
50Vi
1%
23
92
9%
21
27
95
50V4
8
48% May 18
100 % Jan
33% Feb
24
Jan
175 Va Jan
41%
198'
197
*30
6%
Chemical-No par
24
16 Va May
102
5% May
6% May 18
92% May 14
92
40%
95
197
1
May 19
Mar
Agricultural
195
American Airlines common—
Mar 22
9
Feb
'
30%
8
18% Mar
101%
*
10%
*10%
41%
58% Feb
Dec
10%
951%
51% Jan
Feb
10%
i
100
95%
Jan
7% Dec
10%
*95
100
41%
Jan
Feb
10%
10%
*95
90%
Mar
Jan
10%
100
90%
Amer
6%
-
*95
32%
109
40%
Mar 22
25 V*
100
32%
*108
*94%
Jan
115%
*95
6,400
75%
*73%
33%
1081/4
41%
May 21
Deo
'I
X32%
XIO8V4
95
10
Dec
11
75%
33 Va
109 Va
94%
52
2
10%
*731%
33%
*108%
40%
121
86
100
75%
33%
108 Va
95
*90
3Vt%
13
6%
10
23,700
48%
41%
preferred—
—100
Mfg common—No par
cum eony preferred
100
4%
Mar 11
46
*95
*74
76
32%
108 Va
109
100
*95
*74%
33%
103
48%
49V2
40%
94%
91
?
76
33%
109%
49 Va
Allis-Chalmers
Feb
3% May
*74%
33'%
48%
90% May 26
42% May 27
96% May 28
11
25
Jan
25% May
3%
36%
Feb
43
<
80%
3%
36 V2
54%
Deo
*80
4
36%
7% Jan
48% July
118% Oct
49
3%
49
35%
115 V*
-
4
35%
Dec
Dec
80
3%
48 Va
35%
May
20% May
Dec
*78%
4
49%
36 %■
Mar 18
Feb
48%
35%
*90%
Mar 10
Aug
8C
80
3%
3,300
36%
5
56
"
75%
*107
8
Mills Co toe
42
26%
80
*78 Va
90
5,800
21
20%
36%
May
s
21 Va
20%
Allied Stores Corp Common.—No par
36
Oct
20%
21
37% May 15
166
Sep
20%
20 VA
13,000
4
4
4%
13,400
11
25% Mar
Feb
4
12'%
110
32%
46
110
i
.
200
5,500
26%
Va
20
Nov
105% July
26
*105
4%
4
4
12%
12%
26Va
110
4%
80
*78Va
11%
26 Va
*105
Mar 24
86
Sep
4%
26%
110
1,800
11,700
-
'
No par
Dye
Allied Kid Co
83% Feb 20
196%
*105
*31%
14% May 14
94
11%
25%
26%
110
4
21%
11
10%
26
*105
4%
21
10%
Apr
7%
10%
26%
108
4%
4'/a
49
10%
Dec
99
10%
26%
108'
80
4
48%
*74 '/a
33%
1
Dec
110%
/t,,
*19%
77%
Dec
10%
26%
107%
37 VA
37%
32%
31
Dec
10%
26%
107%
36 VA
19%
Apr
80
3% May
10%
.No par
toe
Alabama St
37 %
31%
43% May 15
109 Va May 26
90
37%
36%
37
*44%
19%
9% Mar 17
6
44 Va
45
20 Va
x35% Mar 19
49
44%
*44
32 Va
Feb
37
44%
45
31%
Feb
74%
44%
*44
*19%
50
101%
45
45
19%
17%
Dec
*43%
37
Corp
Addresaograph-Multigraph
Admiral Corp
32 VA
May
18%
No par
Corp„lo
1
Adams-Millis
-
19%
May
88
22%
32 Va
30
9
38%
55
22 Va
19 Va
May 17
21% Jan
36
19
54%
22Va
54%*
22
11%
Dec
47%
54%
22%
50%
20% May
65% Dec
75%
54
22 Va
Alpha Portland Cement——No par
Amalgamated Leather Co com—1
6%
conyertible preferred——50
Amerada Petroleum Corp—No par
107
Dec
107%
54
22%
32%
Feb
8%
Mar
50%
54
21%
19%
81
34% May
7
53%
22% r-%
32%
33% Feb
Jan
54
22%
32%
105% July
42% Oct
51
54
198
20%
Feb
35
4,660
6
198
*19%
32%
25
Jan
3,700
95
5%
6%
No par
39% Mar
46
*90
95
6 Va
6%
Allied
Mar
14% May
5% May
*90
100
34% May 20
18% Mar 13
28
Oct
6%
8
Mar
X171
Oct
99%
*90
6 %
8har*t
77V4
54
*78Va
11
98
77
22%
4%*
preferred-.—
100
Allegheny Corp common—
1
5 % % preferred A
.——100
$2.50 prior cony preferred-No par
Allegheny Ludlum steel Corp_No par
$4.50 preferred
———No par
Allegheny & Welt Ry 6% gtd-ioo
23
i
6 %
76%
Va
54
80
Apr
*90
6%
76
22%
21%
96
98
6'/a
76%
1
5
2
*90
6%
76%
76
the Week
Sper share
10
toe
20
75%
Sales for
May 28
S per share
Steel Co
Acme
Aldens
Jan
76%
f per thare
Friday""
Thursday
May 87
.,
May 26
$ per share f
76%
PRICES
Wednesday
Adams Express
Alaska
May 24
Feb
Jun
'
May 25
t per share
98
6%
SALS
HIGH
Tuesday
May 24
76 %
*90
2.50
Co
4% May 20
21% May 21
May 21
Mar
Motors
ACF-Brfll
Vicksburg Ry__——100
Juneau Gold Mining——10
May 18
May 13
Dec
90
27% May 15
108
75
36%
30% May
May 27
12% May 27
34
Jan
'
30
38
109
22%
18
May
29% May
55 % May 17
23% May 15
46 Va Jan 27
May 21
8% Feb
Nov
.
4% May 15
90
Apr
12%
May 14
6% Jan
9
76 Va
AND
Monday
i per thare
No par
No par
eom
Abraham St Straus
100
50% May 14
Feb
108
Nov
Abbott Laboratories
2
70% Jan
7
24% Feb 28
Nov
Dec
79% Jan
10
37
Feb
56
Par
2% Mar 15
Feb
44
27%
90 %
11
Feb
"
3% Dec
16% Dec
2 % May
25% May
Feb
112
Nov
75
Feb
38%
May
25%
100
Saturday
May 22
EXCHANGE
t per share
share
64% Mar 17
Jan
110
Jun
B%
t per
t per share
LOW
STOCK
YORK
NEW
•
Lowest
Highest
66% May
SMilk;
STOCKS
Range for Previous
106
105
7%
51%
103 Va
*103
19%
800
39 Va
2,300
127
20
400
5,100
157%
19,800
59%
13,900
140
69%
119
8
52%
103%
106
540
8,100
290
6,200
25,400
4,500
800
7%
7%
*64 Va
66%
200
40 Va
40%
45,300
7,200
44%
8,580
34
*33
33 %
2,900
105
106
lCGVa
44%
43
310
57 V2
56%
56%
400
30
29%
29%
21,900
*12%
13%
200
"
-13
13
13%
'
13 Va
SK>
14
(2370)
THE
•■»«-
-
E»nf<» t ott Previous
6% Feb
39%
Apr
4% Mar 2
28% Feb 14
Oct
May
9% May
25% Feb
11
Feb
90
17
Dec
Feb
15 Va
Oct
11% Mar 16
38(4
130%
Jan
91% Feb 16
Jan
41% Feb
91V*
55
Jun
Dec
110
88
Feb
106
10
Jan
"l4
"Sep
14
Feb
12% Mar 12
17 % May 24
Artloom
Feb
12% Mar 16
19
5
132%
Feb
134
Feb
94
34
Sep
26
Jan
66
May
99
Jan
84
Feb.11
91
34%
57
Feb
40
Apr
121
*111
30
Feb
102
Feb
9
114
91
Feb
9
97
21
Feb
11
;55
Feb
13
104
Mar 30
20
July
July
27%
12%
Feb
Feb
13
Jan
Jan
17-%
Dec
29%
Jan
12
Dec
27% Jan
.15
7%
49
Feb
4% Feb
Feb
preferred
26
5%
99
14%
14%
103
4%
Coast
Line
•
97%
98%
RR
No par
common
conv
Atlas
60
V
,
1
111%
Avco
Mfg
$2.2$
Corp
(The)
31%
317a
32 V*
4,100
113%
112%
113%
1123/4
114%
111%
112%
105%
8,900
105%
106%
106
107
107
17%
17%
17%
18%.
107
l&Ya
11,600
61Y4
60
60 Ya
v.
57
110%
*109
110
20%
*22
5934-
110 Ve
20%
8Ya
*15%
16 Ya
37%
8%
-
37(a
.
72
No par
112%
96%
107%
22
*22%
15
14Ya
14%
18
18
18
6Ys
7
*15
16%
*15
"
6Ya
44%
97
1,100
23 %
233/4
3,200
56%
1,260
107%
24%
.
7%
107%
*15
107 Vz
*22%,
8
16
400
8(4
*15
14(4
14
14%
18
17%
17%
520
24Ya
1.500
7%
14Y4
6Ya
43%
16%'
963/4
720
55
18
'
111%
24%
56%
8 Ya
200
17,400
57%
x24
57 Ya
700
45
111%
109
16
44%
111%
8
14Y8
44Ya
24(4
1,900
72
44%
22
16
59
96%
Ya
800
36%
*68
45%
107
*17Ya
44%
44
96
57
56%
72
36%
60
8Ya
15 Ya
44%
95%
x24
18%
37%
x72
22%
G'%
18%
7
112
■%
19%
*36%
:
44%
111%'
'
18%
•59%
72
43 Ya
.
15
6%
37 Ya
*70
18 Y4
<•
5
60
37%
24%
8%
150
105%
57
common—3
preferred—
oonv
420
31%
24
205/a
10,700
18(4
31%
5634
112
185/a
19
31%
24%
,
2,700
106
24 Ya
*83/a
16 3/4
103%
x56(4
20s/B
1,120
18%
103%
96 Ya
*110%
18%
■
112%
16%
106
96%
No par
18"%
111%
*17%-
17
103%
96 3/8
'
16%
440
106
113%
24(4
112%
"'J 19'
*18
6,100
105
9534
^57 3/4
98
103%
113 V*
96
-
533/4
98
108
43%: .45
112% 113
24%
No par
18%
53%
98
xll2%
17
700
54%
103%
45Y4
'•45%
114
112%
18%
16%
26,300
103
*102%
443/4
45 Ya
*57
——5c
112'
*17%
520
v143/a
14(4
1023/4
*106
*70
No par
pfd ($1.20)-
53%
*97 V4
1,100
15,300
112
■
.17%
60%
54%
18%
76
93
Automatic Canteen £0 «f Amer
106
17%
60 Ya
114
Autocar Co
306
103
•'.'•f 98%- 98%
-^31% '
34
14%
*102Ya
33
107
37Ya
Austin
,8
113%
14%
101% '
53%
*
103%
*36
>
No par
common
31%
■
113
/
18%
*70
5
Nichols
18%
I
16%
76
—100
Conv prior
31%
16%
14%
101%
111%
18%<
*17%
-
38 Ya
Atjklf Taalc Corp
20
18%
106%,
Ya
18%
17 Va
16%
*37
100
Corp
*18
*70
,
A—100
Atlas Powder common
4%
conv
preferred
18%
14%
102%
53% : 54(4;'
98% .->98%
.
112%
17% .,17%
preferred
100
Refining common——25
preferred series
Preferred $3.75 series B
9-
14% ."
102%
54
*111%
17
3,300
99
14%
98%
*105%
10
non-cum
Atlantic
7Y4 May 17
45 y2 May 26
35% Jan 22
99%
53%
:"t 112% 113%
—100
—
19 V\ Jan
% Apr 23
4% May
98
103
112
Shares
31%
31%
9 Ye May 21
16 y4 May 21
19
Jan 10
May 28
15%
30%
31%
Atl G A W I 88 Lines
16
24 Ya Jan
26
*32%
106%
Atlantic
May 21
.Jan
32%
31 '/a
*102%
6
64 Ya Apr
20% Feb 25
5% Mar 12
18%
25 Ya
32
30%
109
May 22
114
31%
31%
99
103
5
Jan
31%
106%
Inc
the Week
6%
98%
102%
non-cum
*6%
-
30%
18%
F
16%
99%''
102%
T
4v6'%
t-
31
108%
{
6%
98%
101%
com__100
6%
I per share
30%
*106%
Topeka A Santa Fe
6Va
Sales for
Friday
May 28
May 27
31%
18%
;
Thursday
4 per share
99%
16%
5%
463/b May 21
'
Corp—
Corp.
•'
4 per share
"
31
*17%
A
61% May 18
47y2 Mar 1
78 y4 Mar
Constable
'
31
5
Atch
May 27
19% May'27
6
22% Mar
Dec
*98
No par
5%c
No par
107
22
i
5% May
13
Deo
36%
No par
4 per share
31
53%
conv
PRICES
May 26
98%
103V4
53%
•■
May 28
115% May 15
24
Jan
68
Dec
73
Dec
32 %
3
.25% Jan
Mar
Sep
105
Aug
26% July
21% May
103%
v 1v
Dry Goods common—1
6% 1st preferred
^100
7%
2d preferred
100
Associates Investment Co10
103% May 27
11
Feb
Arnold
May 14
May 27
May 10
111
5
Mar
45"
113%
Dec
lllYa
96
16
14% Feb
Feb
77
Nov
Feb
Feb
59
Apr
100
Feb
18%
Jun
105
.
112
40(4 May
■
17
Mar 12
Dec
Jail
Nopal
Associated
Feb
Dec
40 V2 May
14%
com
preferred
cum
Jan
Deo
Dec
5
com
SALE
31%
31%
98%
14%
$6 conv prior preferred
$4
31%
No par
Illinois
Armstrong Cork Co
F. $3.75
preferred--
17%
25
31%
9
of
31%
98
HIGH
AND
'"Tuesday,:'"--7:"Weflnesday
"
'% -**
6
-
Monday, May 31, 1948
May 85
t per share
■;
32%
100
LOW
»
May 84
6
< 31%
10
preferred-—.
Co
At
19
99
23 Va
Armour
6
par
Corp com
conv
20%
99
62
Jan
Steel
4%%
98% May 25
112% May 10
2
10% May
13% Deo
x98
Armco
5
54% May 26
29
104% Mar
Jan
5
Archer-Daniels-Midland —1—No
15% May 19
'
:
2
v
'••••iloiiday .''''V
:
May 23
Xno
CHRONICLE
„
••-/•/•Baturday
I per-share
A. P W Products Co
32% May 21
101
• v
-,
6% May 28
Feb
'
EXCHANGE
v
34% Jan
>
37%
99
FINANCIAL
,
'HEW YORK .STOCK
$ per share
109%
24% May
103
$ per share
t per share
3% Jun
30
Range since Jan. 1
Highest
Lowest
Highest
$ per share
&
STOCKS
Year 1947
Lowest
COMMERCIAL
15 Yb
12
100
13
10,000
18
*17%
^400
6%
6 Ye
6%
6%
67a
17,500
44%
1
45%
45%
45 %
44(4
45%
1,900
7
B
f
13
16
Dec
,13%
12% Feb
Feb
10
25%
Feb
15% Feb
9% May
16%
Jan
,
.
.
11
Feb
11
20% Apr
45% Dec
39%
Dec
21
19%
Feb
62
;
Mar 24
Feb 11
;Jan
31
4
Feb
13
110% Jan
20% Aug
108 %
88
5% May
12
85
Feb
Jan
29
Dec
40
30%
Jun
f
39% Mar
Feb
Feb
8 % Jan
30
Feb
;
Sep
21% May
25%
Nov
77%
Dec
24%
Dec
19%
Apr
133%
Dec
"l3%
Dec
150
31
30
24%
31 %
24%
30%
14,100
291/3
78%
*76%
Bath
26
6
Mar 16
137 Ya Jan
l
25
May
Highest
i
.
Lowest
-
1
28
Feb
11
35 %
Feb
Nov
18%
Deo
41% July
Oct
21% Feb
Feb
29
36
32% Mar 15
24%
59
2
4
49%
Jan
38
Feb
24
55
Oct
42% Feb
11
Sep
88
Jan
2
96
Feb
3% Mar 16
33% Mar 18
Feb
Jan
7% Jan
50
-8
Apr 28
Dec
18%
Feb
May
40%
Feb
23% May
30% Nov
31%
Feb
X27% Mar 17
25% Mar 16
63
Jan
71
28% Mar 10
9% Mar 16
90
Dec
15%
Dec
28%
Feb
15% Mar 16
25%
Jun
36%
Jan
27
Apr
20% Nov
125
37
May
Dec
86%
Feb
25% May
37%
Nov
80
14% Feb
pfd $3.2$
A
16% Feb
122% Jan
8
65
5
Feb
x32% Feb
15% Mar
12% May
100
95%
Apr
Mar
Jan
11
Dec
24%
Feb
Dec
108%
Jan
3
Dec
6
Feb
22%
104
27%
Feb
Jan
Aluminum
Ami
23%
36
17Ya
853/4
*85
—100
-
,*• mm
<•* 'fe**" «W
T
,
Jan
Co
&
class
.
Brasa_
A_,
Mar
—No par
Feb
cum
Co
—
3
common-
^
34%
35 y4
.36%
8,800
36%
373/a
36%
37 Ya
36(4
36Y8
37%
14,800
36 y4
38,300
•)/*i35 y4
11%
Niag El Corp 3.60%
Bullard
Bulova
21'
Burlington 'Mills Corp
79% Feb 26 '
77
88
Mar 31
Apr 13
13
9 Ye Mar 16
1.7 %
Jan
26
21
6
May IB
101/4 Jan
15'
96
May 4
14% May 17
<
78
89
Oct
16
4% May 18
253/4 May 2i:
Jan
98% Jan
Oct
23% Feb 11
Mar 12:
2% Mar 17
Mar 17
15
104
Jan
Feb
9
3
343/a May 18:
Co
7%
common—:
Jackson
"11%
113/a
1,900
11%
11 (.1
11%
11
11Y4
3,500
Tuesday
,
353/4
353/4
353/4
35%
18 Ya
19 Va-
19 %
19%
33
1874
32
33
33
337'a
33%
341%
31Y2
32%
.
17%
16%
163/a
47%
*43%
46%
25
255/a
247a
333/4
33%
33%
34
36
3534
84
17
17
*43%
271/4
27%
5%
38%
*38 V4
9%
*50
33
32%
331/4
33 Ya
34%
99%
99%
20%
21%
20 Y4
15
*293/4
30%
*95
96
35'/a
273/a
27
27%
27
273'4
43
423/4
3,800
43%
43«/8
43 «/a
43
43%
3,500
10,600
63%
96
£
4
cotnmon___No par
25
-
11%
34%
UV2
7,606
34(4
34 Ya
11,100
33%
33 Ya
333/4
2.6C0
4,500
34%
''
35%
Na par
*101 "
*33%
35%
35%
36 V*
36(4
99%
*57%
99%
*97%
99 Ya
20%
20 Ya
20%
203/4
21Y4
*S0
303/4
*29%
30%
98
*96
98
96
96
22
X21 %
22(4
21%
21%
96
96
96
*96
22
125
11%
88
36
23Ya
23 Vi
125
124
237a
113/4
11%
72%
72
72
373/4
*123(4
11%
37%
37
88
23 Ya
124
113/a
72
/72
*86
23%
*123%
11%
72
20
21%
23 Ya
1*123I/2
11%
35%
333/4
35Va
*95
72%
102
11 Va
*97%
303/4:
3574
25%
11%
*293/4
72
4
55
34»/4
35%
14%
*50
X33 %
73
87
9
55
11%
30%
38%
9»/4
*50
333/4
35%
89
2,300
93/a
55
34'/4
23YB
14%
600
93/a
9%
*50
800
1,900
33 V4
23 s4
*88
38%
*9
33%
97
'*85%
38%
*373/4
331%
213/4
9
39
381/4
33 %
22
I734
4Ya
32 Y4
21%
9
633/4
96
474
33%
23 54
17%
62(4
96
5
11V*
21%
1
63%
97
30%
24
90
5
'
125
160
*94
30%
20
43
5
*29%
*86
85
*47
11%
23 Va
par
*373/4
55
*83
623/4
623/4
93/8
11%
84
49
97
*43/4
38i/4
21%
90
62
*94
474
t
99
S'6%
4,000
35 V4
27
20%
20%
35 Y2
36(4
900
27%
20
86%
18,300
84
99
20%
26 3 a
*47
21
11%
46 Y2
25%
851/4
99%
*123%
17 Va
*43 V2
26
48
par
80
35Ye
35 »/4
*16%
46%
84
—•
__15
Co_i—:
*99
253/s
47
9J/4
32 Ya
34
17
*43 %
26
85
*50
34%
9,100
47
38
55
33%
34%
800
5,400
,
...
*434
113/4
__100
—
5
-2.50
36
,
9%
43/4
17
*35%
26%
38Y4
9%
98 3/a
Shares
19 Ya
333/8
261/4
*96%
Salee for
the Week
9 per share
3534
47%
*88%
Friday
May 28
4 per share
19% '
25 Ya
*75
Thursday
May 27
4 per share
18 Ys
85
23%
Wednesday
May 26
# per share
47
*38
'
May 25
.
(aj
900
PRICES
35Y4
9%
pfd__lC0
SALE
19%
11%
participating preferred—_100
By ran
35 Ya
35Y8
38%
common-—1
■Butt* Copper A 2<nn_^
Byers Co <A M)
35
193/a
11%
;
preferred
135%
35%
96
Bldg 7% preferred—100
Bros
134%
35 Ya
62
—No par
5
Co
Terminal
A-%%
36 Ya
134 Ya
35%
"
11%
32 Ya
Burroughs Adding Machine—No
Butler
35%
134 Ya
35 V4
63%
preferred
—100
3%% conv 2nd preferred——100
3%% preferred -i
100
Bush Term
363/4
134 Ya
36 Ye
134 Va
-353/a
85
35%
400
135 y4
48%
*72
85
i
135
96
4%
Bush
'
35Y4
*82
11%
,
36
11 Ya
36
25%
85
35Y8
136-
35%
96
1
2,900
36Ya
95
No par
25Y4
34Ys
*17
11%
25 (W
36%
27
1*1%
7,000
29 Ya
25 Ya
*83
*43% '
*123% 125
17Ya
29 Ya
*94
.No par
17%
30%
42 5/8
—400
—4
13,500
29%
42 3/4
.
50
36 Ya
30 3/a
26%
55
600
36%
85
*47
*50
1,900
223%
103 Ya
25%
46%
*5%
17%
223/4
*102
30
.
;46i/2
85
23%
•103 Ya
85
42 s/8
_No par
(The) C6 common
$5 preferred
Buffalo Forge Co___
Watch
I71/4
*223/4
*102
1,100
25 Ya
-No par
Budd
Buff
33%
23 Ya
1,500
19 Ya
30 Ya
n100
15
26
16%
17%
62%
common
28
17%
63
Brunswlck-Balke-Collender _JNo
Bucyrus-Erla Co
1%
preferred
17 Ya
43
No par
$3.60 preferred
"
17%
*42%
62%
—No par
I
common-
Inc
17%
*22.3/4
20
36 (4
19 Ya
37 Ya
_100
preferred
Shoe
36 34
27
(assented)_100
Bearing Co
5
Branlff Airways Inc
.^ .. —2.50
Brewing Corp of America
—15
Bridgeport Brass Co
—No par
3%%
37 V4
—5
common
preferred
Co
36
46%
Boston A Maine RR
Bristol-Myers
14
4;
*84
1
...
Bower Roller
'
May
May
241/a May
90
May
98
May
'33%
(The)—,,——.:_18
Briggs Manufacturing
Briggs A Stratton—
11% May 15 '
74% May 17
37 Ya May 28
88
5
,
Apr 30
x221/4 May 27
124
2
—
Corp
36 Ya
25%
t per share
261/4':
,-jNo par
Co
3%%
■a
6
24% May 17
.
36
163/4
102%
*85
Monday
May 24
33%
17%
*43%
«•—
» a sfl
f
,
163/4
102
3,800
34
86
May.22
351/4
l93/4
193%
50
123%
12 Ya
*33
36'%
110
90 Va
30 V4
Saturday
19%
36 V4
*19%
1,200
1,400
30%
# per share
135%
13
34
22%
LOW AND HIGH
.
*88
34%
353/a
,
12%
*33
17%
85%
*134% 136%
36
36%
11%
11%
-
90%
39 Ya
89
21 Va
29Ya
29%
363/4
*88
102%
17Ya
?4S/b
i
21%
35 Ya
25%
;-.36%
13
*87 Ya
22
36 Ya
*38 Ya
89
22
*107
104
25
29Y4
com_Nopar
B
Borg-Warner
Borden
lo
90Ya
12%
40
*87 Ya
13,300
*86
37%
87%
*86
60
,
11,500
100
110
2,400
233/a
8,900
125
10
IIV4
72Ya
410
37(4
37%
15,300
*71Y4
88
11%
37Ya
2,400
*86
88
100
20
20%
38
20%
38%
38
38%
23
23Ya
22%
23%
88%
88%
88'%
88%
90
*9C (4
92
*90
92
95
97%
100
95
95
*93
96%
*93
96
93
93
400
*75
80
*75
80
*75
80
*76
80
*75
80
16Ya
17Ya
8Ya
87a
*68
145/8
*85%
*4
163,4
14%
20%
20 %
203/4
2C
i-
20 VA
38%
1,800
39Ya
39%
39 Ya
3974
42%
22%
23(4
5,200
16,800
90
16%
22%
23%
22 Ya
%
23 54
90
17%
17 Ya
17 '4
17%
12,800
9V4
93/a
9(4
9%
2,000
94%
14%
14%
94%
14%
*93(4
14%
85%
85%
85%
85%
*85(4
37i
3Ya
*101
33%
33
33%
36%
■36%
36
36
54%
*53
102
4
4
24
25
24%
25
24
102
11101 %
102
33
33
36 Va
?5
430
14
14
36
0
33%
.
4
102
243/a
100
17%
9%
147a
4%
23
94
9%
86
4 ;
25
102
89
14%
*85%
4%
101%
9
89
89
86
24%
17%
9
20%
4,300
67 Ya
250
4
1,500
24%
*101%
4,200
102
32
32%
32
40
32 Ys
2,700
01
24%
Apr
51%
Dec
1%
34%
X55
Dec
27% Mar 17
39
Jan
52
5
54
1% Mar 12
3
Dec
3%
6% May
21% May
8%
34%
Oct
12% May
17%
Feb
110,
Dec
38
I
22%
*102
17Ya
.No par
21 Ya
7% Mar 16
79
Mar 16
Jan
79
24
102 Ya
13%
*32 Ya
25 Ya
——__No par
Co_.
42 %
12% Feb
Dec
Dec
19
6
Oct
10
12Ya
*85
-
:
8
16%
88
13%
25
•
——1
(Del)
14
16% Mar 16
Jun
May
Jan
13
81
May
19
6
20 :
Feb
6
13% May
94% May
83
11
Feb
72
13%
17 3/4
—10
preJetred—i,,—„
Class
101% Apr 27
'
Mar 30
29% Feb
Jun
13%
36 3/4
36
33YiC
—
96
Feb
May
*23 Ya
102Ya
-
8
———1
13
Feb
84
-—10
—100
ser of 1946-No par
Co->
Brown
23%
80
*83
16Ya
Brooklyn Union Ga«—
38%
22%
104%
89%
■<
20
32
102%
Dec
89
42
21%
16%
21% May 22-'
14% May
May
14
May
80
89
29%
20
28
Dec
26:
89
89
41
x36(a
Feb
17% Feb 14
Dec
9
69
22
16 Va
Bon
11% May 15
34% May 28
34% May 18
t
120Jan
88 Ya
22
20
90% Feb
Feb
13 % Mav
93% Feb
Apr
27%
88-Ya
16%
Bond Stores Inc
38% May 28
IO1/4 May 18
20% Deo
*86
Brothers—.T--No par
Boeing Airplane Co
——I
5% May 15
Feb
106%
41
88%
22%
87%
*20
20
m
May 24
6%
39%
Dec
41
88
21%
21%
16Ys
Black A Decker Mfg Co__.
63% May 24
"
95
41
87%
20%
.87%
20%
Blaw-Knox
Jan 19.
27% May 15
43% May 19
109"%
43
*41 Ya
16Ya
7%
51
20 % Mar
9%
2,900
43
20 Y»
Bohn
77 Ve Mar 16
30
20
21%
Bloomingdalc
41V2 Mar
13%
2,700
19%
41%
16Ya
May 12
29% Apr 16
Feb
96
13 Ya
20%
42
20 V2
42
10
Mar 17
Jan
Dec
13%
xl9%
41%
20V4
Bliss (E W) Co
+d
Slliss A Laughlln Tnw
Jan
Dec
13 %
20%
41%
*163/4
17% May 15.
11
35%
7
13%
20%
40%
34
15 \ Feb
67
81
13%
413/a
12 Ya
41 Ya
13%
20%
*86%
*
Bigelow-Sanfofd Carpet new_No par
Blrmlugham llectrlo Co_
Nepar
May 15.
Dec
102
13 %
20%
42%
36 Ya
19%, May 18.
34% May 27
45%
May
13%
20%
41%
*32 Ya
Feb U
22 % Mar 16
116
3% May
13%
20%
*41
NEW YORK STOCK
:
EXCHANGE
Dec
32
13%
34
—
43
42
36Ya
common.
*41
20%
36 Ya
preferred———
43
41%
13%
34
Aviation—
*41
20%
36%
9
14
89
,
42%
36 3/4
Bethlehem 'Steel
37%. May 18.
96
Jan 12
37% May
88% Deo
*40%
4 per share
xl3
£20%
18% May
14
May
28% May
May
38% May
42%
pfd—-100
t
Jan
12% May
25.
25%
42%
33%
Highest
$ per share
14% May
29% Nov
;
*40
36%
Range since Jan. 1
9 per share
36
42%
2.50
Bendix Home AppliancesBeneficial Indiis Loan com
37 y4 May 15:
143/4 Jan
*40
Corp—
Foods—
1,000
55
25%
34
Cum
25%
53%
25%
36%
Best
3,600
255/a
56
*32%
Beet
54%
55%
•25%
pfd——T__100
Co
•130
53%
56
25%
2S
Inc-—
Howell
8,700
79
55%
——_rr_50
4%%
2.9 Ya
78 Y4
25%
13 3/a
Bell A
29Ya
79
26
STOCKS
Year 1947
Lowest
common*,
RR
30%
56%
*41
800
*76%
*25 %
1
No par
(A S) 4%%
Range for Previous
9 per share
Corp
conv
Mills,
Aircraft
Bendix
30 Ya May 24
37% May 27
37 Ya May21
Apr 28
cum
Shoe
31
78%.
26
5
-
*76%.
50
—
Co
78%
1
87 Ya Mar 10
17
31
Foods
56 %
*76
■
*25%
Co
Works
78%
57
Packing Co__
_1_10
Belding-Hcminway
1
Bell Aircraft Corp——1
May 25'
14
11% May 19
Iron
3%%
2
Jan
125
preferred
Oil
77%
56
50
'
10
Bayuk Cigar* Inc__
Beech
50
100
—
common—
Beech-Nut
25
Feb
preferred,.—
Corp (Delaware)
Beech Creek
23 Va Feb
Jan
25%
30%
common!
Aroostook
5%
5
80
Jan
18%
24 3 3
31%
A
4%%
37'Y4 May 26
2IY4 Jan
2
30% Feb 27
I
30%
102 Ya May 22
11
May 1
23 Y« Jan 20
32% Oct
25
8
24(4 Jan
*
% Mar 16
16
28% Jan
103% Feb
35% Jan
'41,700
24%
Barnsdall
193/4 Mar 22
17%
25%
Conv.
20 Yb May 21
Feb
15 Ya
24%
Apr
16
18% Mar 16
25%
Jan
11
93
25%
34 Ya
1534 Feb
26
11,700
25%
37
5'
14 Yb Feb
24% Jan
106% Aug
39% Feb
16%
25%
147a
Bangor
16
Oct
Dec
15 Ya
16%
15%
Beck
18%
May
1574
16%
14%
Beaunlt
18% Jan
28
16
16%
15 %
8
10% May
16% May
95
15(6
16%
9
15 Ya Apr
11
32% Feb
16%
16%
14%
5
12% May
,
*15%
16%
15%
Beatrice
2
15%
16
14%
Barker Brothers
Jan
15%
16%
15%
May 17
100
16
16%
15%
223/4 May
4
*15%
16%
15%
43 Ya May 15
90
Jan
8
2
May
16
16%
Barber Oil
16% Mar 10
Den
*15%
15%
May 12
May 14
44% Jan
1
;
r_100
44% May 7
16% Mar 31
23% Jan
2
9% Feb 24
18% May
Inc—
26
9
Dec
,
17%
96%
37
24% Nov
35% Dec,
83% Deo
80 %
T)
(B
Baldwin Locomotive Works
13
Baltimore A, Ohio common___-ioo
4% non-cum preferred
59
X42% Mar 15
28% July
Jan
Apr
«% Dec
19
Jun
f
,
60
Babbitt
16% May 15
27% May 15
31.% May 22
13% Feb 10
Feb
Jan
54 %
May
16% May 14
17
May 17
27
Mar 16
30%
f
.
Feb
69
55%
42% Dec
18
13% Feb 11
Feb
16%
•
11% May
60;
May
;
24%
Dec
M ay
Dec
9% May
132
48%
Feb
Feb
Feb
Feb
Jan
6% Feb
11
24% Feb
11
13% Mar 29
108% Jan 13
38V4 Feb
11-
25%
Feb
14% Mar 16i
15%
Feb
10
For footnotes see
page 24
Mar
4
May 15
May 28
May 17.
874 May 21
31(4 May 7
15% May 21
118% May 20
44
May 14
xl9 (4 May 26
19 Ys May 14
California Packing tornmon-JNTo par
preferred
Callahan Zlnc*Lead
v
—
—:
36%
3634
50
i%
*52%
54%
1
2 Ya
2Ya
Calumet A Hecla Cons
Copper:
5
Campbell W & C Fdy
No par
Can
Dry Ginger Ale
$4.25
Canada
conv
com
1.66%
preferred—No par
Southern
Ry
Co_
Canadian Breweries Ltd—
Pacific Ry
Canadian
■
77 a
*30%
I534
*118
100
*42%
No par
*183/4
—25
18
8
31%
15%
120
*53
2%
73/4
x30%
15
2Ya
54 Ya
8
7%
30%
30 Va
15'3/6
*53(4
.2%
2%
7Ya
h
30 y4
14% i/e 15 Ys
118
118
43V2
*43
44
193/4
*19
193/4
19
18%
18
18(4
17 Ya
118
,
43
118
:
36 Ya
7Ya
30
14Ya
118
7Ya
30 y4
,/
14Ya
118
.
37'%
37
37 Ya
*53 V*
54 Ya
2%
2%
54 Ya
54
54
2%
2%
2%
2%
7
7''%
7Yo
7(4
30 Va
14 5/a
*118
;
31
30
15
43
*42 Ya
45
42 Ya
43
vl9
Xl9Y4
19 y4
*18 Ya
19
17 Ya
18 Ya
17 5/8
,18
18
/;
30
14 Ya
118
118%
14Ya
:.r 118
2,800
50
,
6,600
22,300
1,200
11,500
v
320
*42%
Va
.
43
*18(4
17%
19(4
300
17%
95,700
40
Volume 16 fJ Number 4703
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2371)
15
NEW YORK STOCK RECORD
Range for Previous
;•'
.'".WV-
'
Highest
:
I per share,
I per share
Nov
47%
Dec
11
Apr
14%
Feb
50
May
57%
Feb
15%
Jan
5%
Dec
102
Nov
27
Dec
38
128
Jan
.
ji
since Jan. 1
Range
"
Lowest
4 per share
38
Mar
11
Feb
t
18
Feb
18
39% Jan
27% Jan
2
31% Apr
32% Mar
4
41% Jan
14
35% May
45
Oct
35 % Mar 30
7%
29% May
132
47
Dec
Feb
;
Dec
158%
Mar 16
6 V* Mar
1
35% Mar
9
8
9
46%
44%
46
17%
17%:
17%
*51%
Clinch
&
Power
&
40
Case
General
(J I)
Co
Corp——
common
130
Feb
5
Feb
53
Feb
26
May 5
68% May 15
7 % preferred
1
Caterpillar Tractor..
Dec
22
Feb
13
34
May 20
Feb
10
104
May 28
130
Dec
156
Apr
123
Feb
11
140:
May 27
22% Feb
28
19% May ;
19% Dec
xl7%
32%
21%
18% May
Feb
17
14 Vs
Dec
Feb
22 V8
Dec r
75/a May
7%
Feb
Jan
10%
3
Jan
Apr
16
6% Feb
28
7% May 21
Celotex
33% May 21.
20% Jan
5
18% Feb
8%
—.
—20 /
Co—_No par
———1
preferred
:
Aguirre Sugar
Central Foundry Co.
3
100 %
Dec
Feb
102
Jan
2
107
Mar 31
77'/a
Central Hudson G & E Corp.lNo par
Central 111 Light 4%%. pfd—100,
Dec
96%
Apr
79
Feb
4
83
May 27
Central
4 % May
12%
Jan
7% Jan
6
32% May 21
11%
Dec
9 %
Dec
22%
116
Nov
16%
19% May
19
28% Apr
13 Vb Feb
10
20
17% Feb
18
90
18
20%
Feb
30%
Oct
54%
Jan
Dec
Dec
Apr
24% Feb 28
Feb
Jan
110%
Jan
102% July
7% Feb
Feb
Cerro
33
26
May 28
Champion Paper & Fib com—No
100% Jan
Chain
9 '/a Mar 16
25% Mar 16
30
37% May
45% Jan
9
Jan
29
6'
82% Apr 29
4
Feb
11
14% Jan
90
6% May 15
Jan
7% Feb
11
9% Feb
11
14% May 21
7% Mar 16
10% May 14
14%
Feb
Feb
27%
Feb
9
33%
53%
Feb
35
Feb
11,
Jan
45% May 21
34%
Dec
28% Feb
11
56
1
July
Apr
15
14% Mar
36 % Mar 20
40
IB
39
45% Jan
22
Feb
11
15%
Jan
21
Feb
14% Feb 11
4%
Nov
"32
7% Mar
23
1
58% May 14
Dec
Childs
Yellow Cab..
5% %
85
10
105% Jan
6
Dec
Clark
ll5%-
Feb
6
106
Nov
109
Mar
107
Jan
5
108% Feb
71
Dec
101
Jan
72
Jan
2
42%
Dec
14%
Jun
Dec
35% July
57
Feb
24%
Feb
26% May
Feb
91%
Dec
Feb
10
t per share
141
t per share
Pitts
May
x61%
191V*
Nov
Jun
65%
Jan
1140
May
1155
16
T%
May
56
Jan
87
Dec
23%
Dec
153
Feb
11
61% Mar 25
cum
105% July
Co
88 Va Feb
11
9
2
45% Jan
2
Coca-Cola Co
Class
17
17
17%
16%
17%
12%
12%
13'A
12%
13%
7%
*7%
7%
7%
7%
7%
7%
7%
7%
7%
5,100
9%
9%
21,100
32%
33%
TVa-
lO'/a
60
*40
20
$4.25
27
50
35% Feb
5
Oct
36% Jan
23
90
Jan
2
49% May 28
99% May
7
20
Feb
13
29% May 26
Commercial
14
14%
Jan
8% Feb
11
33%
Nov
28% Feb
10
30
35%
Feb
29
Feb
Mar 17
4% Feb
21
Mar
11
Columbian
16
43% May 22.
Columbus
$3.60
3% May 15
$6
32'/a
32 Va
32 Va
32
32 %
83
20%
21
36
9%
10
9
Apr
30
*169
190
*85
90
40
40
*109%
110
109%
110
30%
*107
31%
31
31%
31 %
32%
108%
*107
108 Va
107%
107%
17
16%
16%
16%
16%
16%
17 V*
16%
17%
16%
16%
8,900
26
26%
27%
27%
27%
27
27
26!
26%
26 Va
26%
3.600
9%
9%
9Va
9%
9'A
9'A
9'A
2,500
36%
3,300
9%
36%
36%
*140
142
*91%
92%
36%
36%
36 Va
36'%
36%
140
140
lv40
139%
139 Va
*139%
92
92
92
92
91%
I per share
$ per share
169
*1150
63 Va
__
169
168
63
169
63%
*1150
63%
*11.50
par
44'A
44%
43%
44%
*92'A
93%
9 2'A
92%
24%
24 Va
23%
26%
25 %
Thursday
May :J7
$ per share
169
*63
169
63%
*1150
„.
$ per share
169%
169%
63%
63 %
*1150
*91
141
120
92
1,200
43%
42%
43%
42%
*92 %
93%
*92 3A
Sales for
Friday
May 2H
the Week
I per share
169 %
63
170
42%
41%
93'A
Shares
1,100
63%
*1150
43%
-
280
_
42 %
7,200
93%
93%
24
24
24Vo
24%
25 Va
24%
25
2,200
25%
26%
93%
23%
24%
26%
36'A
*139%
91%
PRICES
Wednesday
May 26
$ per share
169%
63
SALE
36%
141
26
24%
25 V8
25
25%
24%
25
6,600
*
93'A
70
18 Va
19%
18%
19%
18 %
19%
19 Va
19%
13%
19%
19'A
88,900
20
19%
20 %
19%
20%
19%
20 %
20
20'A
19%
20
19%
19%
6,500
com—_ 100
16%
16%
15%
16
15
16%
16'A
16%
16
16%
16
16
1,430
16%
17
16%
16%
16'/a
17
17
17
16 %
16%
1.140
16 Va
16 V*
16%
16%
16%
16%
18 %
16%
16 V*
29
29 Va
28%
23
29
29
2,200
28%
23'A
29
28%
28%
1,700
13%
13%
13%
13%
34,300
12%
12%
*11%
12'A
3,100
73
*69
73
preferred
Ry
preferred
100
*16
29%
2.50
*28%
Inc..No par
13%
29%
28%
29
28%
28%
28%
13%
13
68
35%
*43
12%
35%
*67
13%
12'A
70
13%
12
*68
13%
12'/a
71
*69
35%
34
34%
34%
35
34%
35
43
43%
42%
43
43%
43
43%
43%
%
48 Va
240
100
35%
%
35'A
2,700
43
43 VB
1,300
47%
*102
47%
47 Va
48%
43 Va
49
48%
49'A
96
97
96
97
96 %
97
97
97
97
97
27%
27%
27 %
23
28 Va
29 Va
23 %
28%
27%
28 Va
32,200
3%
3'/a
47
27%
27
..No par
13%
13%
12%
70
*27%
97
*96
com—No par
13%
12%
*36
43%
47%
—100
No par
:
29 Va
28%
35%
10
10
common
29%
13
No par
*16
29
68
w__No par
Co
16%
2.50
common..No par
w
17
16%
preferred—-100
18%
3%
3%
3 Va
3 Va
3'A
3%
3%
3 Va
3 Va
101.900
103
102
47%
102
101%
3'A
102
101 %
102
101'A
102
101
6.700
8G0
1,900
15.400
34% May 19
2,000
34%
34%
33%
34%
34 Vs
34%
34
32
May 21
Consolidated
Cigar
34%
32
6 % May 21
Consolidated
Coppermines
105% Apr
Edison
No par
.No par
34%
34%
*31 Va
32%
5
6%
6%
6%
com—No par
23%
24%
23%
ill
21/64
J.9/64
No par
*105'A
105 Va
105'A
Corp...1.33%
.
Consol
Edison
Common
$5
6
of
N
Y
Corp
rights
preferrod
*31
32
*31
6%
32
6
24
*31 Va
6%
6
34%
34%
31%
31%
*31 Vo
32
100
6%
6 Va
6%
5%
6
15.500
23%
23 34
24
23.200
23 3A
23%
23%
23 Va
iff
19/64
21/64
x'a
u
105'A
fs
105 V*
19/64
105%
105 Va
105%
105%
105 %
24
17% Apr 30
Consolidated
15%
16%
16%
17 Va
17
11 Va
16%
11
17 Va
Consolidated Laundries Corp
Consolidated Natural Gas
16%
16%
5
9%
9%
lO'/a
10%
10%
10%
10 Va
10'/a
10%
10 %
*15
47%
47%
46%
47 Va
45%
46 3 4
46
47
Consol RR
46%
48'A
100
25 V8
26 V4
25 %
26%
24%
26 Va
14%
14 V8
14
14
14 Va
Jan
2
51
2
Jan
2
May 27
35% Jan
16
May 24
Apr
84 V8 Mar 23
90
Jan
Feb
30% Feb
5
40
May 15
3
98
Jan
page 24.
HIGH
May 25
91
11%
15 Vs
x49% Mar 17
AND
Tuesday
92
27 Va
10% Mar 17
Dec
36%
May 34
63'A
9'A
139
Monday
169
9%
101 Va
99% May 25
55
36%
9%
11%
10
9
30
27%
11
11
2,700
32
11%
94% Feb
Mar 16
32%
31'A
28%
106% May 25
42% Jan
5
14
400
11V2
30
19 % Mar
111'A
27%
27
46% Feb
100
6,300
110%
11%
32 V* Feb
Oct
90
40'A
11.1 V*
28 Va
100% Apr
35% Feb
Feb
190
39%
11%
Feb
Deo
*85
27 Va
Feb
27%
*169
SO
40'A
11%
Consolidated
19
190
28%
Consolidated
55%
X31V*
1,600
11%
16% Mar 20
27
110%
3,700
<35%
28%
14% May 15
Feb
110 V*
-20 V*
35%
11%
12% Mar 31
6
109%
40
.
20'A
28'A
10% May 26
1 % May 25
48% Ma* 17
*85
35%
11%
27% May 20
15% May 12
Feb
*169'
40'A
v.
27%
24
10
,*169,
351
700
1,200
r-
11','2
11
Mar
35'/a
J 32 V*
^»;83
28%
Feb
Feb
20%
35%
*
9%.%'9%
*78
11%
19%
93
20%
:»
*32
9 Va
27%
12% May
10
>4
'35%-
*9 V*
*70
• 83
20%«v 20%
25
11
Feb
£
v
9 Va
.83
65
5
South
•v21
32 Va
9'/a
*78
8,100
No par
May 20
11% Mar 16
f2i>%*
r,
32 Va
9%
83
100
1,100
46'A
Co
24% May 17
103% Feb
&
*9%
*78
190
No par
preferred series.
19% Feb
32
190
9%
No par
Corp
Coniie Nast
43% Mar 18
see
45%
LOW
System,
Commonwealth
Jan
For footnotes
46%
No par
Credit
Jan
43
45 V4
May 23
Solvents
54%
Apr
May
46
27
16%
common.No par
preferred
30
12%
45 Va
6,300
102
Publishing Inc
Congoleum-Nairn Inc
29% May 14
11% May 20
5
Feb
Dec
45%
39%
Saturday
Inc
Carbon
40 V* May
17
May
12%
44%
*101
26
No par
com
& Southern Ohio Elec
Commonw'th
Apr 27
19/64 May 19
551/2
45%
85
31%
1
preferred
Commercial
Feb
26% July
110% July
13% Feb
45
85
108%
1
Southern
cum
36
Dec
*26% '
40
31
No par
Pictures
May
44
May
6% May
35
Apr
14% May
26%
48
Columbia
9
26%
*45
13% May 21
95
26%
39%
*107
100
conv
28% Feb
44%
26 Va
9%
*78
50
51,900
26%
26'A
101V*
26%
110
110
26%
102
101V*
26%
40
39%
26%
*101
620
64 Va
48
11
cum
102
40
*45
10
5%
Colorado &
'26%
10,300
59
63%
48
Aikman
39% Aug
106 %
,"2f>%
35%
26 Va
59
*39
*46
22%
Dec
83
64%
27
*26%
,,,',35%
,
40
63%
26%
*101
59 Va
40
63%
48
Dec
Dec
102
59%
62
*45
Dec
30%
9%
*101
60
41
62%
200
2,200
4
48
11%
94
26
19 Va
3%
*45
63
Dec
26%
12 Va
19%
48
preferred
30% May
11%
26
12%
%
4%
19
*46
Gas
104% July
20% Feb
59 Va
*40%
12%
4
50
Columbia
Feb
60
41
*9 V*
No par
Mills
4Va-
200
80
May 15
38%
19%
19%
'•4
107
14
48
*12'A
19'/a
*12
107
31% May 12
II41/2
12%
4
*78
13
Dec
4,400
80
11
Dec
69%
107
10% Feb
32% May
94% Dec
68%
*78
22% Feb
30
69
*106
Oct
99%
69-
80
Jan
17% Mar
68%
*78
12%
10% July
67%
80
32%
15%
67%
*78
Apr
Feb
67%
80
Nov
20%
67%
*78
10
1081/4 Mar
7,400
*66
56 Va
80
21%
Nov
37'A
*78
Columbia Broad Sys Inc cl A
Class B
11% May
10% Dec
37
gtd.__.50
1%
32% May 15
104%
*55 Va
61%
32
32
*78
4,200
38%
55%
38%
59
45
38%
38%
*40
44%
4,000
55%
61%
27
12,500
37%
60
102
7,600
19
44
■
38%
41
*26%
6,200
6,700 -
56%
61 Va
*101
2,900
"V
37%
59
10
5
39
38
!-v
*55 Va
41
26%
Jan
8% May
10
33%
4,900
38%
59
41
26
32%
23'/a May
9%
32%
33%
6%
6%
37%
*55
57%
38 Va
60
.8.50
Dec
106
10
6'%
38%
*55
€1
60%
1st
2
32%
4%
2nd
10
34
9%
19%
non-cum
Feb
34%
10
33
10%
33%
12%
non-cum
29%
10
34%
6
TV*
9%
4Va
\%
7
10%
34
6 Va
19%
A
$3.50
1,000
12%
100
Internat
42,600
16%
*10
6
12%
Inc
(The)
100
39%
12%
%'
4Va
Colgate-Palmolive-Peet com—No
May 22
29%
84%
39
*84%
17Va
4%
2 % Feb
84%
12 Va
17% May 15
96% Jan
25% Feb
*29 Va
39%
16%
16% May 27
Jan
30
39%
84%
17Va
11% Apr 13
22% Feb 20
Nov
84%
12%
Feb
Apr
4% May
40 Ve
84
12%
16%
21
39%
84%
16%
17% May 15
Jan
39%
84%
12%
20% May 22
33%
39%
16%
13
Nov
*29%
84%
2,000
12%
11
25%
29%
40 Va
84%
13%
16%
11
123%
*29'/a
29%
39%
84%
70
13'A
7,800
Feb
Jan
30
30
39%
13%
13,000
10
Feb
4
12%
26
99%
10%
12% Feb
37% Apr
*29 Va
13
200
25%
98'/a
10%
11
68
30
25 %
100
lO'/a
16
FeD
12%
30%
24
*99
9%
Feb
62% Apr 30
13
24
10%
Feb
Dec
12%
*29%
30%
100
23%
*98
10
Feb
21%
24
100
10 Va
171/4
94
13
30%
31%
23%
*96
10
17%
115%
98
9%
20%
Dec
24
98
12%
13
*30%
31%
23%
.
24,700
Colo Fuel & Iron Corp com—No par
87
30%
31%
23%
13%
19% May 25
20% May
2% May
*29 %
31%
98
200
13 Va
11
48%
40,100
13%
10
V
12% Feb
May
6,200
19%
13
Oct
36
28%
19%
13'A
Collins &
Feb
10
27%
20
14
Colonial
Dec
*9'/4
28%
19%
6 Va
26% May 21
16
Feb
10
27 Va
20
13%
96
Apr 20
25% May 18
19% Mar 17
Oct
Mar
*9%
27%
19%
12%
11
Feb
22%
86
10 Va
26%
19%
9%
6 Va
Feb
46
18
*9 %
27%
19 Vb
19 Va
2nd pfd
Coca-Cola
37% Feb
Aug
12
May
16% May
8
May
9% May
8
May
18
9%
27
10
12%
Par
2
100
14
EXCHANGE
Jan
2,800
12
NEW YORK STOCK
63% Feb
13'A
12%
Sper share
183
13
19.
preferred
4%
May
33
RR
92% May 20
Lowest
t per share
13%
27
*82
Range since Jan. 1
Highest
Highest
13%
20
STOCKS
Year 1947
13%
10
*169
Range for Previous
Lowest
13%
19%
90
Corp
Cluett Peabody81 Co
36% May 17
142% Jan
13%
*12%
Clopay
81% Mar 18
5,900
26%
190
Clinton Industries
137
30%-
19%
*83
5
Deo
30
10%
*169
5
Dec
32
13%
5
10% Jan
89
30%
12 Va
20
35% Jan
140
30
13%
r
9
30% Mar 16
30
27
Ry Co1 com—100
81
100
29%
84
U%
Co
Equipment
5,700
107
13%
100
5
23% May
7% Mar
154
9
7%
7%
106%
*82
6 Va
No par
18% Mar 22
48% Mar
,
6,300
83
4'A
common.
14% Mar 15
39% Mar
107
3,100
83
19%
Special £td 4% stock
Climax Molybdenum.!
Dec
13
7%
*105%
700
-v,
■
9%
84
12%
prefer led
47% May 19
May
14
No par
14
34
13%
7%
7%
107
9,300
*82
4'/a
Corp
Cleve
32
14%
7%
*105%
84
19 Va
com
78% May 20
42% Jan
29
5%
non-cum
preferred
-100
Cleve Elec Illuminating com
No par
$4.50 preferred —•
—No par
Clev Graph Bronze Co com
1
5% preferred
100
24
111% May 27
34% Apr
9
27%
30%
7%
107
*12%
Milling Machine Co
City Stores
40% May 26
Jan
29%
100
Elec
C C C de jSt Louis
29
31%
.100
<fc
I T Financial
5%%
May 24
Jan
*82
1
preferred
4%
36% •May 18
34% Feb
7%
*105%
83%
25
City Ice 81 Fuel
City Investing Co
80
7%
105%
*81%
520
.
14'A
*—2.50
Gas
Cincinnati
2
Jun
7%
105%
82%
Nopar
preferred—
Apr 20
ifan
7%
: 106%
—10
com
new
Jan
107
;
Oil
Cotton
Co
84 %
95.
17%
600
138%
9 Va V
67%
Chlckasha
May 17
43%
17'/a
9%
67%
101% May 26
Jun
19
17%
9
37%
Chicago
22
Nov
19%
17%
9%.
37%
10
.
19%
17%
8%
37%
32% May 21
85
19%
17%
8%,
39%
6
34%
*19 %
17%
38 Va
'63% May
21
19%
8%
104
31%
38'A
9
6
19%
17%
9
33
56%
.7% Mar
27% Mar 18
19%
17%
32%
39
9
15% Jan
•137
32%
19 Va
;
38
28% Mar
Feb
NOV
104
140
33
56%
Nov
20%
104
138'
103
139
32
39
34%
34%
*103
103
139
32
18%
27% May
May
8%
Ci
138
43%
C
12% May
17%
103
bO
31%
138
44%
46% May 27
23
*19%
*102%
32%
'19%
27
Jan
19,200
19
20% Mar 13
78
33%
44%
36% Jan
Mar
33%
19%
Feb
94
33%
44
Cincinnati
11% Feb
33%
19.%
27 V* Apr
5
33% 1
43
Jan
Dec
33
44
28
May
33%
20
48%
8
32%
19%
21% May
37% May
78
33%
32
9
6
No par
Chrysler Corp
26
2,600
33%
39%
—100
Chile Copper Co__
x94 % Mar 11
67%
143
43 Va
3
41% May 19
Feb
67%
*141
20%
64% May 27
111
67%
143
44%
11
4
67%
19%
18
23% Feb
*141%
67%
44 %
Feb
Jan
141 Va
66 V*
141%: /
20'A
52% Feb
29%
23,700
141%
66
141%
,
45
31
Oct
51%
52 Va
20
66%
Sep
Nov
96
3% Apr
2.900
44%
42% Mar
"Dec
56%
Jan
May 15
400
8%
Chfc Rock Is & Pac RR Co__No par
Conv preferred series A——100
xl2% May 18
19% May 27
4% Apr
2
15%
52%
6,700
S
39%
,
8%
preferred—————100
Chicago Pneumat Tool com—No par
$3 convertible preference—No par
69% May 28
5
Dec
51%
*39
,,
65%
19%
*29%
5%
56% May 21
25% Feb
51%
..
*83%
-
—_
Series A preferred vfcc—_
Chtcago & Northwest com
May 21
49% Mar 20
49%
51
18%
18
■
66 V
17%
13
:
No par
Chic Milw St- Paul 8c P vtc„No par
20% May 21
Nov
20%
30
8%
18%
39%
66
138
23%
6% preferred——;
——50
Chic Ind & Louis Ry Co cl A—25
38%
143
8%
18%
*39
12%
7% Jan
Nov
*141
8%
6 V8
10% May 1-7
13%
49%
18%
39%
8%
13%
2
B—
51%
17%
*38%
8%
12%
24
Class
50%
19 %
39%
J
;
6%
Jan
8% May 14
8%
90
14
,Jan
2
18%
39
30 V8
*39
12%
6
4% Mar 16
40
12%
12
Feb
29%
39%
14 Va
Feb
6%
500
29 %
39 Va
40
:
Feb
10% Jan
Dec
40%
29 V*
*38%
8%
*96
com—No par
8%
17% May 18
13% May 14
1,300
40%
29%
39%
103
*30%
Chicago Corp (The)——
—.1
Chicago Great West RR Co com—50
15%
.
29%
*39%
29%
V
*9%
'
par
convertible preferred.—100
Class A
29%
109%
30 Va
19 Va
1.25
Chic & East 111 RR Co
13% May 14
Dec
109%
3,500
26%
Chesapeake Corp of Virginia^
___5
Chesapeake 8c Ohio Ry common..25
3%%
108 Va
14'A
No par
8
May
108%
30%
-No par
—,
Checker Gab Mfg
6% May
23% May
10%
preferred
5
12%
8% May "
4% May
61% May
Co—i—
Belt
$4.50
6
109 %
7%
Copper Corp!
5
Products—-—*—1
Certain-teed
109%
*81%
Pasco
de
May 24.
Jan 14
12%
4% May
2%
1
22% Feb
Oct
27
•
5% May
6% May
,
5
109%
*105%
Pr
Corp 3.40% pfd.100,.
tCentral St It of New' Jersey—-*100 *
Central Violeta Sugar Co——9.50
Century Ribbon Mills...
—No par
May 21
10% Jan
Jan
10% May
3%
15
30
23
40%
Mar 11
8 % Mar 19
35% Mar
Dec
81%
11
Feb
21%
11% May
20% May
100%
Oct
14%
>
NY
50
*108
19
8%
600
.,1
52%
108%
102%
17%
52%
7 V*
137%
*19
1,300
16%
*16
6%
137%
32%
32%
52
7%
39%
33%
103
137%
45%
45%
»
17
7%
8%
66%
*102%
>46
52
7%
18%
143
33%
.
17
7%
39%
50%
*66'
!
45%
51 %
Shares
.7%
29
8%
*141
;
45
.17%
51
the Week
I per share
7
19%
49%
No par
common—
Central
7
9% May 27
•8% Mar
Corp
—Nopar
45
*17
17
52%
for
Seles
Friday
May 28
I per share
7%
*38%
8%
——100
45%
17
*51%
40
19
Celanese Corp of Anier coxrt—No par
$4.75 1st preferred——!—No par
7% 2nd preferred-—
100
143
110
*39%
1
-—25
45
53
Thursday
May 27
t per share
v7%
29%
<ss
•
Wednesday
Mpy 26
'
108%
*28%
Jan
97
7%
*39
64
Jan
*51%
*108
28%
108%
7%
Ohio
17% May
Dec
53
Ry——100
Light——No par
Carriers
May 20
52% May 27
x97
$ per share
17%
49 % May
"
Tuesday
May 25
$ per share
*45%
Carpenter Steel Col——
5
Carrier Corp" common.:.-.——.10
Conv preferred 4% series..
50
19% May 21
43 V* Jan
Monday
May 24
$ per share
.
Carolina
12
Oct
(•;>.Par
Carolina
3
Feb
21%
fc/'j.i
...
$3
May 20
50%
Saturday
% MaySS
preferred A
——.——10 '
nCapital Airlines, Ihc.A_—1
6
8% Mar 22
110
LOW AND HIGH SALE PRICES
•'.'
,
;
-
May 15
55
100 % Feb
/;
,
'EXCHANGE
Cannon Mills
-Nopar
Capital Admin class A common—1
47% May 19
13
48% Apr 21
5% Jan
2
Dec
Jan
-v
..
,1 per share
1
/
v
NEW YORK STOCK
Highest i
„
12 Va May
6
." V STOCKS
.
Year 1947
^Lowest
33%
•
14'
.
Grocers
of
Consolidated
Cuba
6%
pfd*
25%
9,800
14%
Inc
10c
14'A
14%
14 %
14%
Aircraft
*—1
13 Va
13%
12%
13
•1,1%
1%
1%
34 3A
*34%
34'A
*34 V*
34%
34%
104%
106%
104 Va
104%
103%
105
104%
Co
Inc.
:
1%
No par
34%
34%
34%
No par
com
preferred
*103 Va
103%
103%
37%
37%
Container Corp of America com—20
4%
cumulative preferred.
100
*98
Continental
Oil
Continental
14%
14%
90
*98
14%
14%
14%
14%
14%
14
14'A
14
14%
10%
10%
11
10%
11
14 %
38%
39
38%
99%
99%
99%
98%
98 Va
97
97
*97%
14%
•14%
15 Va
95
12%
13
12%
12%
61 Va
61 %
60%
61Va
9
18%
.
9 Va
,
62%
"
38%
*96
8%
39%
97
9
*88
93
14%
88
37%
38%
14%
38
38%
*85
14
%
353
93
38%
99
14%
146,600
3,100
580
6.800
39
38%
97
*96 %
93
100
8.300
38%
109
9.000
12%
12%
xl2%
12 34
13%
12%
11%
11%
2,500
60%
60 Vi
60 Va
60 Va
60
60 Va
60%
63
5,800
8%
97
*96 Va
9
8%
9 Va
8%
9%
62%
63%
62
63
62 %
63'A
63%
63%
18 Va
18%
17%
18%
17%
18'A
17%
18
30-
30 3A
29 Va
30%
29 3A
30'A
30
30%
53%
52%
52%
*52%
53%
*'52
"86%
*96 Va
.
18%
53%
14%
2
34
105
1,400
5.100
78,200
97
*96
63
30%— 30%
*52
14%
88
Va
1.700
-
*£'3
96
1
1%
34
38%
39 V*
5
2
34%
37%
96
Corp..
...14
Cooper-Bessemer Corp com..No par
$3 prior preferred
No par
1%
37%
38%
Steel
1%
Vb
37
5
:
14'/a
14 %
10'A
*
37%
10
Fibre...
Insurance—
Delaware
99%
*88
Nopar
—
37%
105
12%
*
Continental Baking Co com—No par
$5.50 preferred
No par
Continental Can Inc common—20
19% Apr
6
7,500
24%
27
Continental
Jan
49
14%
May 28
9% May 18
64% May 28
53
48%
26%
63
30% May 21
4.700
lO'/a
10 Vo
14%
Rights
of
16%
26%
$3.75 preferred—
Continental Diamond
16
2,000
16
14%
Textile
Vultee
Continental Motors
566,800
26
13% May 21
7
A
105%
105 Va
1
Retail Stores
Consumers Power Co
$4.50
21/64
3,300
*52%
53
8%
63
*17%
30%
*52%
97
100
8%
37,300
64'A
15,200
18
3,100
30%
3,800
53
10
16
(2372)
THE
COMMERCIAL; &
NEW
'
Previous
ItoniB for
1947
Lowest
f per tharo
12 Mi
Dm
61%
i:
I per share
•,
11
Deo
$>
42% Mar 24
48
Feb
10% Feb 11
Jan
501;
32%
Feb
Feb
18%. Feb
Feb
177/s MaJ 21
8
-
Deo
105%
Feb
92
Feb
9
94
Mar
DM
105%
Jun
92
Jan
12
87
Mar
81% flop
170
dm
4% Dm
2%
A
Dm
>
97
59
sv
195
Aug
8% Jan
".;,^4%:- Jan
169
26% Uiy
'•
Jan
75%
i
V
Deo
11%
22%
Dm
~Dec
40%
*
30
Jan
••
.1,,; 28
Apr
98
Deo
1105% Mej
22% May
66
Cotf International Corp
Feb
13
Feb
11
24%
-
68
74% May 21
Oct
26% Mar
34
2iya
Apr 21
17
16% May 21
Feb
160 #
Dec
61
Feb
13
Jan
27
25
134
May 18
x3i% May 26
Mar 16
29% May 28
94
May 26
"38%
25%
25%
25 Va
25%
42%
44
44
33%
33%
33%
$4.20 preferred—
.No par
_No par
Cuba
RR
6%
.
*100%
pfd
non-cum
:
Curtis
Pub Co (The)
$7 .preferred—...
Prior preferred
Curtiss-Wright
■
■
-
100 Va
126
126
126
25%
v.
38%
n
96%
it!
11
11%
V
24%
24%
26'/a
25%
25%
427/a
44
33%
*42% ' 44
i
34
34%
33%
100
100%
997/a
128%
33%
34%
100% 100%
127% 128
101%
,
38%
96%
11%
-
128 Va
126%
9,000
100
6,600
;
900
V i
9,300
.'
■
4,300
400
=
570
100
126%
740
27%
26%
26% '
26%
27%
26%
27
26 %.
26 Va
5,000
74
74%
74
74'A
74
74
73%
73%
700
32
*31
32
30
31
31
31
31
31
*30 Va
31%
160
,14'/a
4,100
:;
;
26%
13'A,
*161
>i
85
*20
.
11
No par.
60
1
Cushman's Sons Inc 719
pfd—.100
'130
Mo pax
30
1
-
223A
15%' i:
13 Va
-.13%
84'A
84 %
17 »A
167/b
17
20%
20
20 Va
11
10%
22%
*130
30%
22%
,
5,700
200
16%
16 3/4
20 Va
*20
20%
20%
500
10%
17,900
20'/a
10%
10%
10'A
103A
2.800
141
280
140
140
140%
57
-
8%
X31%
-
^
85
*84%
59%
*130
31
>13%
13
:
84%
141
22%
223/4
13%
-
.163A hl6%
7%
137
30%
<
177
*161
16"/4.
59 V*
73/4
*130
30%
10%
*137
60
73/8
23
137
1
30%
*19%
r
84%
.14
)
;
177
13-
13%
84%
16%.
142%
60
7%
22%
137
141
60'A
7%
12%
15%
r.
*161
177
*83
10%
10'A
145
*59
7%
•
•
14
15'A -15%
*161
85
*143
60
»
13%
-
177
*84'A
il'A
143"
73/8,
15%
*161
177
13%
"•
20%
143
126%:
17Va
*19%
13%
*84 %
126%
153/4-
15%
15%
•
177
V17%17%
No par
;
26
6,700
4,300
38%
23%
44..
4%
3
.
74 Va
15%
I
Class a
23%
*42%
3
23%
11%
25%
■
170
174
4%
97%
11%;
9,100
*74
common
Cutler-Hammer Inc—
37%
•97
•
•
20
I
74%
No par
com
33 Va
*100
98
5,400
95
65%
173Va
3%
.,
550
95
s
64%
47/a
3
22%
*92Va
174
4%
.
f
27%
161
10
—100
common
100%
-
*173%
23%
'
-
22%
*92%
-
65%
n%
43%
33%
33%
25%
*97%
65
■
: 54%
27%
•31;
100
—...
25%.
\
.
22%
5,100
74%
100
preferred
38
43 %
101%
125%
•
Cuban-American Sugar common—10
1%
.
65%
174%
47/a
38%
23%/V
42%
54%
94
38
23%
ft
54%
21%
3Va
23%
No par
54'A
94
3
23%
preferred
7,1C0
*92 Va
*173
23%
12
20
15
*92%
4%
37%
47
14%,
<
94
4%
*97
47 15%
*46% '
14%
'
3%
23%
19
Apr
•'>
21% Mar 16
174%
;'
ki
16%
94
4%
.
Shares
$ per share
.1.6%
22%
3
4%
3%
Cream of Wheat Corp (The)
1
Crown Cork & Seal new oom—2.50
May 14
16
173%
175
4%
3
*46%
14%
54% >55-
65 Va
97%
ii1/*
7
8% Apr
11
18% Feb
133
Apr
30%
Mar 11
4% Feb
Feb
132
Feb
48
Mar
174
3
65%
u
Cunningham Drug Stores Inc—2.00
21%
12% May
>18% May
38
64%
65%
11
24% Jan 13
11% May 15
6%
65"
47
the week
May 28
.
17%
*92 Va
r,
.
38%
18% Feb 27
7
Feb 11
70
94
97%
5
May
*92%
10%
Nov
146
94
37%
Cudahy Packing Co
4% % preferred
17
*92 Va
Xl6%
122%
.
94
*97 %
Cuneo Press Inc
122% Feb
*92%.
17%
Sales fsr
Friday
May 27
I per share
*92%
22%.
,
94
11
17% May 18
12% Feb
147
Dec
Jan
•
.
,98
27%
Oct
:55%
10%
13% May 21
87% May 6
9
22
%
13%
*97%
13
10% Mar
81% Jan
22
4%
2%
,
15% Feb 13
Sep
Mar
55
22
*46%
,-:•
1
Feb
17%
Jun
129
155
Jan
54%
54%
47 %
:l4Va-
-
100
19%
4% May
v
Jan
Jan
101
§
6% May
113%
27 Va May 21
165
Dm
Dec
Feb 10
66% Mar 17
14
*92%
174
4%
$4 2nd preferred
•Crucible Steel of Amor com—No par
5% conv preferred,,.....,., ..,.100
22
3
12% Feb 11
:rv;r'"
America
of
128% May 27
18
Feb
Jan
34%
Deo
82%
*16
102% Feb
common
preferred
Crown Zellerbach Corp com
•
Jan
-12%
Oct
Co
3%*
Creameries
6
96
May
13% May
*
46% Mar
Crane
14
65
174
v
47%
94
•
Thursday
,
^
16%
17%
93
65
1
34% May 15
102% May 10
37 %
^2
.165
26 Va May 27
91% Feb 24
130 Va
<
15
24% May 28
11
Feb
Jan
13
Mar 18
108%
'
38% May 15
98
May 15
9% May 13
x21
■
May 26-'
16%
47 V
17%
13%
22
*92%
Corn Products
Mar 19
177
42.
Jan
2
26% Mar 16
i
ser
1
prices
Wednesday
t per share
17%
54%
:
sale
HIGH
I per share
*47
*54%
93
2
Oct
Dm
pfd 3%%
I per share
13%
22
AND
Tuesday
May 25
>
,
„
May 24
48
13%
ft
2
34%
i
9
Monday
.17%
*47
100
of 1947—100
3% Feb
95
52% Mar
!■
Cum
5% Jan
6
17% Feb
"41
,
Corning Glass Works is—sa
3% % preferred
1
Mar 16
Feb
29 4
Oct
v
.17%
§0
Refining earn
98
1% preferred
Cstf■ Jncii,.!.,',,!
4
Mar
16
c
series
Cornell Dubilier Electric Corp_
1
Cora Exchange Bank M Tr Go—10
66% Mar 24
Apr 30
pref 5 %
Saturday
May 22
9 per tharo
Par
2% Mar 17
Feb
107
Dm
Convertible
,22% May 27
.
88%
88
i'
.
Coppsrwtld Steel Co common—;—i
May 20
55 Va May 18
13
v.
■
;-J
15 % May 27
61
v
13
Peb
20%
i
Oct
55
Doc
18%
t per share
;■?,
Monday* May 31* 1948
RECORD
LOW
STOCK
YORK
EXCHANGE
'
17%
:
12% May
v
NEW
Lowest
t per share
Jun
44
Range sine* Jsn.1
'••'//•r. Highest
:
STOCK
CHRONICLE
STOCKS
.
Highest
YORK
FINANCIAL
59
57%
57%
1,200
8%
8%
121,700
&%
8 Vb
233A
233A
30%
313/4
23%
24
23%
137
*130
137
*130
31
29%
9,800
137
31
29%
313A
5,100
D
'
26% Sep
20
90% Not
97
Sep
87% Mar
14% May
23%
Oct
13% Mar
20% Jan
2
17% Jan
6
24%
Oct
15
18% Feb
35 %
Jan
19%
Aug
16% Jan
24
Dm
82%
Dm
101% July
84
Deo
101% July
23% Feb
12%
11
33
31
29%
Sep
Sep
Auy
May
9;
Feb 25
14
26% May 26
.1
28%
28%
28%
28%
28%
28%
29
29 Vb
29%
.100
*93%
94%
*93%
94%
*93'A
93%
94
94
93%
93%
*93
94%
160
Davega Stores Corp common
2.50
preferred
■■_>..
1
gfl
Davison Chemical Corp (The)
1
Dayton Pwr Si Light common
7
*17%
18
*17%
18
18
18
*16%
17%
*17%
18%
*17%
18 VB
400
*17%
17%
*17%
17%
17%
17%
*16%
17%
*165/8
17%
*16%
173/a
100
25'/a
25%
25%
25%
26%
26%
263/4
26 Vb
26%
7,200
30
30%
30
30
29%
2,500
:
91
91
91
*91
92%
*91
92%
160
.1
92
*91
92
*91
92
100
,
Preferred 3.75%
series A
100
92
May 12
Preferred 3.75%
series B
100
90%
90%
*90%
92
90
90%
12% Mar
9
15% Jan
5
Dayton Rubber Co
50o
15
15%
14%
15
14%
15 Va
14-/8
14%
14%
14%
14
9% May
5
13% Jan
9
Decca Records Inc
_50o
12%
12%
12 %
12%
12'A
12%
12%
12%
12
12%
1?%
12
12,600
;
1
39%
39%
38%
39 Va
37%
38
38
38
37%
38 Va
38
38
1,900
!
No par
44%
44
Va
44 Va
44'A
43'A
44 V8
42%
43%
43
443/3
43%
44
20,90)
35
34 %
34%
34%
.34%
33%
34
33%
33%
*33%
47
47%
46 Va
47
46
46%
45
453/8
44'A
45
10%
iovb
10%
IOVb
10%
10%
10%
10 3/4
10 %
10%
11,200
28
30
30%
31
28 Va
30%
30%
29
30%
28 3/4
29%
14,400
49%
49%
49%
48 %'
483/4
7,800
21%
21%
21%
21%
8,000
46%
Oct
Feb
20
41% Apr 29
Deep Rock Oil Corp.
35% Mar 10
46 Va Jan
2
Deere
29% Feb
7 %
Si
Co
common
5
34% May 24
¥38% Jan 20
48% May 14
Delaware Se Hudson—
Feb
7% Feb 11
11% May 15
Delaware Lack ft Western
19% Deo
14% Feb 11
31
Feb
30
Apr 27
30
10%
26 3A
29%
Apr 23
92
Oct
38%
263/a
preferred
;
29%
20
r
30%
91
91
*34
inn
30%
-30
*90
—SO
91
*90%
*90%
X45
10%
45
10%
.
29%
Va
14%
1,700
34%
44 %
32% Mar 16
50% May 24
20%
DM
27% Mar
20
Apr
9
21% May 17
Detroit
69
Aug
92%
Oct
58
Jan
6
60% Jan
Detroit Hlllsdalt kSWRROo.
10% Feb
11
13% May 24
Detroit-Michigan Stove Co_
10% May
17% Jan
16
13% July
26% Oct
i22>
20% May
35% Apr
15%
31%
22% Mar 18
25% May 25
Detroit Steel
16% Jan
De Vilbiss
Feb
22% Feb
28 % May
21
Jan
24%
Feb
16
Fe^ 11
19% May 26
Jan
13
Mar 17
xl9% May 21
50
.
19%
Deo
19%
Oct
14% Mar 12
40%
Sep
29% Feb
55%
Oct
47% Mar
34
Feb
17
39%
Oct
29
Deo
28% May
16 % May
16
5
Jan
Jun
15% Jan
47% Jan
2
32% Feb
20
98% DM
91%
104%
Deo
May
80
Dm
98%
10% May
14% Not
17%
173
May
23
19
197
Oct
90
Feb
13
21
Jan
6
Feb
83
Jan
2
Feb
12% Feb
11
Nov
12% Mar 11
164
July
Deo
92%
Deo
107%
Sep
110% Sep
14
dM
115 Va
Feb
24
67% Apr
19
15
45% May 28
103 % Apr
Deo
115%
Jun
129 %
23
Mar 18
113% Jan 28
Aug
May 20
120
98
115
2
Jan
6
1
dm
4% May
69% May
10% May
33% May
,:A2
Sep
11% May
19% May 17
109
8%
;
145
Deo
47
Jan
15% Dm
46% May
9% May
il% Doo
27% May
102
3%
May
82
13
Feb
102
Feb
Mar
8
Mar 10
Feb
5% Jan
24
5
Jan
2
12
Feb
43
Feb
20
11
Feb
13
8
May 21
55% May 28
16% Mar 24
39%
Jan
32% Feb
19
37% Apt 30
37/e
Jan
1% Feb
11
19%
Feb
13% Feb
11
22
10
158
171
156%
57%
July
139
Feb
Feb
123% Feb 11
Oct
2% May 24
May 27
Apr 28
143% Apr 28
2,400
513A
Feb
27
103
4% Jan
5
5
Mar
97
Deo
12%
Feb
9% Feb
11
67
Feb
50% Feb
11
63
85
Mar
64% Mar 13
Feb
6% Apr
Feb
Jan
Oct
X14
14
Mar 17
7% Mar 17
38
6
13% Aug
Feb
Jan
10
23
May 25
% May 28
15% May 15
61% May 14
18%
19
18%
18%
18'A
18%
18'A
18'A
18
18
1,300
35%
36
35 %
35%
35%
37%
37 Va
38'A
37%
37%
9,700
102%
101%
102
101 Va
101%
102
102
102
29%
30'A
x29
29%
*92
3%%
conv
102'%
30%
23%
30
preferred—-——-100
*93%
19%
*93%
95
Internationale—————1
Duplan
17 Va
Corp
_No par
NEW YORK
94%
.94 Va
*93
95
95
*92
19
19%
*19
20'
19%
19%
*18%
19%
700
17%
17%
17%
17%
17-%
17'A
17%
1,200
183 «A
184'A
183 '/a
7.700
119%
120
122
1,600
98
1,100
118%
56
*13%
181
119
119
96'A
114%
*114
13%
14
13%
14
common
10
*44
preftrrsd—.100
Eaton Manufacturing Co
4
*167
_1
preferred
Elastic Stop Nut Co
Electric Boat
Emerson Radio
Erie
RR
Office
20
20%
44%
24%
44 Vb
44'/a
43%
4'.%
*166
*1193/4
97%
97'A
114%
*14'A
14
PRICES
Wednesday
May 26
*114
114%
140
14%
*14
14 Va
300
59 % *~
59%
59%
19%
19%
92%
*90
.
16%
8
',.7%
16%
*90 .;
16
103%
*102%
92%
*102%
<
16
Bates
fsr
the Week
May 28
I pershk.^
24%
Shares
25
253/a
25
24%
5,100
20'A
193/B
19%
19 Vs
195/a
12,800
203/b
19%
20%
45%
19 Va
19%
2.400
443A
11,200
44 Va
60%
19%
Friday
May 27
*20%
60 Va
19%
CO
19%
Thursday
f per share
t per share
*166
169
169
169
Xl9%
.92'A
*90
44%
445/a
169
169
92%
44%
- 169
169
169
61
61
193/a
255/B
■
61%
61
61%
*19
19%
19%
19%
*90
*91
92%
100
3,100
1,000
92%
—
'
16 Va
16
103%
102%
16'A
16
*101
15%
163/a
102%
102%
*100
15%
102
4,100
10
?7%
;/7%
7%
*7%
7%
7%
7%
54%
54
54%.
53
53%
53%
54%
543/4
54%
543/4
555/a
7,500
14%
14%
14%
14%
14%
14%
14%
15
15
14%
15%
8,100
36%
36%
*35%
36%
*35%
36%
36%
36 3,4
36%
8
No pax
2%
2%
20%
'
21%
2%
21
■
7'A
7%
2%
2%
2%
2%
2%
2%
20%
.21%
21 VB
21%
21%
154%
154%
139
139
*153%
155
155
155
*139
141
;i39
139
v
*54%
54%
54%
54%
16%
16%
16%
1
v
16 Vo
54
54%
16'A
2
70%
70%
70
70
69'A
4
Phonograph
17%
17%
17%
17%
17'A :,17%
new 5
Bldg
*12%
12%
12%
12%
11%
15%
15% '
15%
15%
33
32%
103
*101%
Ipi
4%
•5
1
4%
—No par
14VB
4%
1
15
1543/4
139%
55
200
2%
156,300
21%
2P/4
30,700
/154%. 155
,
X
138
139
>55
553A
-800
; 400
1,000
16'A
16%
16%
16 3/8
16%
1.200
70
70
72
72
72
1,700
17%
173/a
17%
12%
173/a
173/B
4,600
4% :..5':'
14% :15Vb,
*32%
12%
3,600
143/4
*14%
15'A
1,200
33
*323/4
33
12'A
12%
14%
Xl4%
s102
4%
33
'32%
12%
103
102
5
5
103
*102
'700
103
130
5%
4%
5'A
27,700
14%
151/4
X14'A
14%
34,000
14%
15'A
59V4
60
60
60
59
59
72
?66
72
*66
72
8
7
60
60
59%
60'A
72
*67
72
*67 r>
18
7.2
'
,8'A
is v*
18
18%
18
2,300
10Va
*
10%
10%
10%
10%
11
10'A
10%
7,600
47
47%
47%
47 Va
47%
46%
47%
600
*6 3A
6%
800
Inc
1
10%
Ex-Cell-O
Corp
9
*46%
10%
47%
Exchange Buffet Corp
S.80
6%
6%
6 78
6VB
Fairbanks Morse St cp.
.No par
52%
52%
*51%
52%
Fajardo Sugar Co of Porto Rico—2o
Falstaff Brewing Corp
1
1
28%
28%
28
22%
22%
21%
*18
55
.
60
Eversharp
"
7%
54%
154%
*138
„
23/s
2%
22
15%
3
7% Mar 30
60
*67
103
102%
139%
36%
15
5
Eureka
14%
154
*36
2,300
.
32 Va
32 Va
32%
is
17%
12
,12%
'
*101%
*69
69%
*14%
33
'
10
154
*138
16%
53%
16%
10
*36
21%
ll*a Jan
49 Va May
*96%
*114
14%
Mfg Co
common
96%
54%
Endicott Johnson Corp common
28
4% preferred--—.—100
Equitable
19%
19%
103%
Battory—Mo par
&
24%
197/a
20%
16%
1
Natural Gas
Electric
119
114%
181
-100
19%
24%
19%
169
*90
(The)
Electric Power de Light torn
No par
$7 preferred
—No par
$6 preferred
———No par
Paso
24%
20 VB
*102%
common
Convertible preferred
Elec & Mus Ind Amer shares
El
I per share
•
19%
*19%
1SS
Ekcp Products Co common-,.—2.50
4%% preferred—i——100
I per share
24%
59%
.-
Edison Bros Stores Ine common
Tuesday
May 25
21
19%
cumulative
Monday
May 24
I per share
24%
Electric Auto-Lite
96 %
96
114
184
95
LOW AND HIGH SALE
*20%
4%&
119
96 VB
*13%
Saturday
May 22
ft
Co
181%
1-82
119%
17%
114%
114%
14
-
182%
96
114%
Oft
Kodak
600
2,200
11,700
18
119%
96
Corp
6%
29'A
4,400
19%
119%
Far
Eastman
283/4
8,200
11,800
18%
181%
*114
STOCK
Stainless Steel
17 »A
1.9%
182%
..100
ft
101%
17
18
182%
No par
1st pfd
29%
17%
19%
18
Du Pont de Nem (11) A Co eom—20
Preferred $4.50 series
No par
Preferred $3.50 serlos
95
29
20% May 17
14
14
370
19
5% preferred series A_—100
Erie & Pittsburgh RR Co
80
Wiiliams Corp
§
Evans Products Co
§
68 Va Apr
9
Jan
■'
36
102%
Empire District Electric Co
8
17
19
29%
13 Va May 14
15% May 19
Jan
17
35%
v
102%
common
Emerson
50%
39%
51V41
JOo
Industries
17% May 15
24%
39 Va "
51%
17
102%
12% Feb
25%
39%
50
102%
Dec
Doo
1,700
*39
50 V4
103%
17
Nov
17
39%
50'/4
*101%
Elgin National Watch Co
10%
16%
39
50%
101 Va
Electric Storage
17%
17%
39
50%
101%
6
32% May
*6% Dm
17
38%
51%
101%
9
13%
17%
38%
51
*100%
May 27
4%
17%
36%
52
101 Va
Jan
107
17%
37%
101
17
34
24,400
103%
72
2
1,800
18%
*101
56% Jan
16
19'A
18 '/a'f
$4 preferred series. A———No .par
$3.25 2nd preferred
No par
10
9% Mar 18
600
19 'A
61
19
29% Feb
17
!42% 1 42 3A
-'
453/b
14% Feb
12% Jan
19
43
59'A
55% Feb 13
Apr
19%
18 %
44%
49% Feb
Jan
19%
61
Oct
19 %
*42'A
45
59%
38,
'
19
17'A
24% Mar
11
.
19%
18%
19%
44%
19
Feb
8% Dm
47% May
Nov
16 % Jan
16%
Dm
7% May
91% Jan
106
65%
v
138% dm
Feb
27% Feb
111%
19
18%'
60
Eastern
47% Feb 28
43
18%
18%.
900
17%
Eastern Airlines Inc.
17% Feb 13
*42'A
43
#42%
19%
17%
■sgls-Plcher Co
Dec
2,000
43%
44 Vo
22*4 J«in
25% Feb
43 Va ;;
61 Va
20% May 18
57%
43'A
17'A
25% May 27
46% May 15
42%
44
f per share
174 Va Apr
6
61 % May 27
43%
9,600
<
37%
*51
EXCHANGE
10
43 >A
60 »A
,
12
43 Va
17%
DWG Cigar Corp
38% Feb
43%.
60%
2
162% Jan
2.400
44%
15% Jan
Oct
27%'<"' 27%
17%
Duquesne Light 6%
July
28
43%
13
48 %
27%
60
Jan
198%
27%
18
May 28
8
27'A
26
61%
16% Mar 16
11
800
27%
13%
.
44%
16 Va Feb
Jan
.
;A9
STOCKS
t per share
15%«15%
61
Range sineo Jan. 1
Highest
I per share
13%
*25%
15%
44%
Lowest
Highest
13%
25%
15 %
18
19% Feb 27
Deo
19
19 V8
13%
25%
15%
44%
51
15% Aug
*42'a ,43
19%
13%
25%
15Va
61%
25% Aug
24% Apr
88
43%
13%
25 Vt
15%
18
Dm
104
43%
13%
25 Va
*15%
61
Jan
42% May
18% Deo
28
19%
64
44
Nov
Doo
27%
42%
19%
*60 Va
64
13%
15%
,l,
*60%
27 Va
15 %
28.
64
•'
8%
8%
18%
18%
8%
18%
10%
*47
8
10%
47
47%
*67
6%
6%
*6%
7
51
52'A
51%
53
28
27 Vo
27'A
27%
27 Vo
22%
21
21.'
21
21%
6%
17%
*6%
7»A
18'A
7
7Va
7
17%
1,400
9.200
lit
44
May
26% Jan
60
Jan
40% Mar
31%
Feb
26% Mar 17
54% May 27
31% Jan
8
20
24
"5%
May
*9%
Feb
11%
Dec
14%
Dec
For fnntnotes
see paee
Apr 14
5% Mar
11
24
9
Feb
4
20
Apr 23
9% May 15
14% Apr
27
Farnsworth Televis'n A Rad Corp
1
Fedders-Quigan
1
Oorp
8%
9
13%; .13%
:
;
8Va
-13
^,9
13 Va
•
8%
13
8%
.13'A
8%
13
9
13'A
54
*27 Vb
22
54
1,800
27%
1,000
22%
83A ii 9
11,500
13%
7,000
54%
54
27%
27'A
22%
23 %
8%
: 9%
co V.w 0 "
135/8
13%
v
|
600
25
13%
26
*
43%
iin42%
.No par
14%
42% May
v
.,
2
13%
*25%
15%
4*143%
_ft
Ltd
16
^
28
No par
—
19%
163
13%
*60%
64
*60%
26
*27%
,
64
*60%
common—..—II
26
187% Jan
7
Tear 1947
• vor tharo
No par
Corp
Chemical Co
Range for Previous
Lowest
-12.50
•
l
Mines
64
-21 Va
Douglas Aircraft————No par
Dun hill
18
*60%
21%
Dow
94 Va May 20
20
May 15
11
Mar 15
Dome
21%
No par
Pepper Co
Dresser
Feb
13
19% Mar
Dr.
48%
21%
No par
A
Doehler-Jarvls
102% May 11
30 % May 26
112% Apr
94
5
47%
21%
13%
Divco Corp.
Dixie Cup Co common
23
50%
21%
15%
17% May 21
38 % May 27
13
49
21%
,#25 %
Corp-Seagrams Ltd
Class
49%
21%
Corp.
6% partic preferred
Diamond 'T"Motor Car Co
Distill
47%
20
Co
39% May 26
May 11
Jan
14
15
Feb
76
Sep
Ian
100
—
Devoe Si Raynolds class A
Diamond Match common
Apr 21
21 %
36%
44
56
42% July
114% Feb
45% May
18
45 % Apr 29
357/s Mar 12
38
Feb 13
May
May
25
49
ctfs for pfd
12% Mar 30
10
100
Edison
Jan
18%
Not
17% Deo
11% May
9
Escrow
Jan
Oct
42%
Escrow ctfs for com
May 24
'
-
3,500
Denver de Rio Grande Wset RR
8% May
25% May
Dec
i
,i
31
Feb
ii/45%- Mar
25%
!,
10,000
84 f-Jan, 2
85
.Jan
5
45%
8% May
28
24% Feb 25
i
20%
Dm
32% May
4
Dana Corp common.
Cum pfd 3% 7#
series
1,500
\
:
Volume 167
THE
Number 4703
COMMERCIAL
NEW
Range for Previous
.
RangesinteJan. l
Lowest
Lowest
Highest
I per share
42% Mar
May
16% Dec
7 9% May
35 % Feb
231/* July
.>
16
14%
19
Apr
97%
Deo
107%
20
Dec
26%
20% Feb
STOCK
STOCK
LOW
AND
HIGH SALS FRICSS
Mbfcdsjr'
Tuesday
May 22
May 24
May 25
I per there
"'Saturday
7v77>:.7v
'
(2373)
Far
;
t per skate
>
41 >/4
41%
41%
41%
41
1
20 %
20 Va
20 V*
20
12 %
Federal Motor Truck
20%
; *ll%
30 %
*07 Va
May 18
Jun
90
Feb
9
20
Feb
10
>Jan
99
Feb'
24
No par
;
Federated
31% May 14
10
23
Dept Stores1 com
No pes
eanrertiMepreferred—.100
AUaft
42
42%
20
%
20
May 28
6 per share
42%
♦41
20V*
•
:
•
♦41
theree
42%
1.9 Va
20
r800.
19 Va
11%
ll7/a
12
11%
11%
11%
12
ai% ■
11%
11 Va
30%
30%
30
30%
30%
31
30%
31 V»
31
31%
98
97%
97 Va
97
97
98
97
23%
23%
23%
23%
23% ;
23%
23%
23%
233%
233%
24
24%
24 Vs
24
24
23 V*
23 V*
23
23%
65%
65%
65 V*
65 V*
6574
65 V»
66
663/4
49%
49%
4&%
49 Va
49
497a
49
49V+
4874
106%
■-1067a
5,900
68
49%
V 7 1,400
i;
23'/+
67
24%
653/4
23
1,400
:
11%
30 %
-
the Week
'
8 per there
42%
X20
f alee fer
Friday
May 27
8 per share
8 per share
1
•
Thursday
May 26
Federal-Mogul Corp
6
'
Wednesday
Federal Mining is Smelting Oo-
42% Apr
*97 Va
99
17
RECORD
.
EXCHANGE
8 per share
CHRONICLE
20%! May 22
11
Mar 11
8% Mar 11
Feb
28% July
NEW YORK
Highest
8 per share
6 per share
32
YORK
STOCKS
'
■
FINANCIAL
&
♦97
98"
■:>■■■ \
80
•
')-■
20y+ May
26%
59%
Feb
104'
Sep
61% May
14% May
-
24
68
Fidelity Phea Fire Ins N T.
43.
Feb
104 i
107% Aug<
^
24% May 21
53% Feb 28
Feb
61
18% Mar 17
Jan
46% May
42% Jun
i
v
Foil * Tarrant Mfg Co.
Ferro Rnamel Corp.
Feb
May 28
50% Mar 31
11
14
May 28
Firestone Tire A Rubber
i
Dec
49%'Mar 16
58
Jan
Jait
14% Feb
20
Oct
31% Feb 11
First
>
2
National
Firth
May 17
20
;
Stores
41% May 20
Dec
X98
Feb
May
41%
Jan'
30
Feb
26
30% May 26
Florence Stove Co——
13
Dec
17%
Jan
13% Feb
21
14% Mar 19
14% May 21
6
21% Jan
Florida Power Corp
Florsheim Shoe claaa A
23% Feb
40% Jan
Feb
24
Aug
Jan
40%
Dec
May
18
15%
Feb
May
14%
9
•
-;
26
11
May
Nov
-22
18%
Dec
Dec
6%
50%
38 % May 21
16% May 21
6
10
Franklin
13
47
Feb
18
Jan
.>■
♦
10
103% Mar
77% Mar 29
82
17%
8% Mar 16
Feb
Oct
7% Feb 11
Jan
18% Mar 23
12% May
17%
Feb
12% Feb 27
14% May
22%
Dec
18
Feb
13
5% Feb
11
4% July
9%
Feb
26'/a Aug
14% May
43 %
Feb
23%
Dec
18% Feb
13
10% May
16
Oct
11% Feb
13
109
Jan
100
Nov
48
Apr
*101
Dec
9%
Dec
50% Mar 11
Dec
13%
100% Jan
Feb
185
5
Jan
99% Mar 24
Oct
102
Oct
149%
58%
30
6
8% Feb 28
146
July
1
Apr
11
Dec
18%
Jan
9% Mar 17
8
May
14%
Feb
9% Feb 11
71
Apr
Sep
37
23%
83% July
47% Feb
Dec
33
Dec
160
Jan
32
May
Dec
34%
87
Dec
10%
123
Feb
6
31% Mar 11
Jan
34
103
Mar.19
Aug
16% Mar
88% Jan
54% July
131% Feb
.
Dec
Dec
May
39%
May
100
20% Feb 27
136
45%
Dec
43
Apr 22
34% Mar 10
Feb
137
73
40% Feb
*122
2
Mar 13
9
l'l
118% Feb 25
Feb
Feb
97
10
81%
Jan
120%
Dec
.129
Mar
119% Feb
19
Dec
.107%
Sep
93% Feb
17
•i-13% May
'18% Oct
19%
Jan
12% Mar 17
?
94
65%
Feb
<
50% Mar 16
17
Apr
24
21% Jan
8
9% May 20
45
May 20
cum
26% May 4
18% May 15
May 28
63% May 15
157
May 27
14% May
3
12% May 21
78% Jan
26
39 % Apr
14%
16
16 V*
16 V*
I6V4
16'/4
28%
27 Va
28'/a
283/4
29%
12%
11%
12 Va
11%
12
43%
43%
44
44
43
43%
44
44 %'
99%
99% '
99
99
99
99
99
37%
37
37%
37
37%
36Va
37
24% '
24 Va
24%
24%
24%
24%
24%
45%
12
22%
82
10
$4.50 preferred
100
General Amer Transportation
4%
2nd
1,200
12
44%
5
No par
5
_No par
5
22 Vs
22%
223/4
*80Va
82
453/4
99
82
*80%
97a
101/4
lOVi
93/4
10 Ve
9%
19%
19'%
19 Va
*19%
16
16%
21%
21%
8%
9 Va
200
*15%
16'%
400
217a
*21
21%
600
87a
11,600
1,000
9%
87a
243/a
25
247b
25
18 Va
177a
18'/a
17%
9%
87+
42
42%
*41%
X25
25
251/4
25%
257a
5,900
18
lS'/a
1774
177a
5,800
17%
10
10
157
*153
*105
107
*1031/4
105
107
*105
*1033/4
105
10
10
10
108
*103%
10474
157
*153
157
13%
12%
13%
32%
13 Va
*123/4
133/a
123/4
12%
12%
12%
12 Va
12%
12V4
100
75
76
75
75
74
75
76
76
No par
*371/4
39%
383/4
,38'/+
10
12%
77
*76
38V4
38V4
*22
22%
22
1S91/2
137
May 27
General
Rtoctric Co___
No par
40%
40%
40
40%
401/4
411/4
41%
42V4
General
Foods
40
40V4
40
401/4
39%
401/4
38'/4
42V4
40% May 19
39%
50% May 15
127
Apr
104
com
_No par
No par
6%
20
General
$5
77
140
'39
*37%
m
300
223/8
22 3%
*136'%
137%
43
411%
42%
85,100
40%
II,900
221/4
1,100
7
e!-"
80
40%
93%
*93%
937a
*93%
937s
937a
937b
*93 7a
10 3/4
10%
10%
10%
103/4
103/4
11
10%
107a
48%
48
48 Va
49V2
49%
48V4
491/4
48 V»
4874
1,300
126V4
*1253/4
1263/4
12574
1253/4
*126
127
90
108
*104
108
1041/8
108
*105
108
-
6,000
48
100
*1253/4
104
*
1253/4
>
126
1261/4
104
127
*103%
104
*103%
*
300
96
-
'
Motors Corp com
10
preferred
Preferred
10
*75
10%
94
*48
/v.:'
9,000
933/4
40%
40
100
,
123%
39%
100
preferred.
oonv
124"% Mar 25
98% Jan
preferred—
10
900
12%
49
10%
No par
2,300
13'%
137
21%
137
10% •
160
*127b
103/4
*93%
.1
May 20
64% May 27
Corp
preferred
Instrument Corp
General Mills common.
General
22%
137
I,700
*165
13
12 Va
*137
22 V4
22
400
59
'SI:
105
10
Xl3
221/4
*38
39Va
105
58%
♦103V4
157
10
157*
12%
*13
42
104
59
10
*153
10Va
156
*105
59%
59
59%
5,000
43,100
1574
18
591/4
97a
1574
25
105
974
217a
18
106
900
4,200
.' 30
•
82
*80%
21%
42 Va
x59Vj
*'2,500
<
97e
41%.
•103V4
22%
19%
42
*103%
*
12%
97a
41%
69 V*
9%
467+ 7
■
19%
43
105
10Va
10
139%
$3.50
S:S:
450
1,600
1,400
19%
*42
106
*9'/4
46%
22%
9-%
*137
9
420
;
14%
*12
97a
136%
24
'
4,100
*19%
136%
Jan
^
25
16 Va
16
21%
87a
81%
19 Va
21%
9'/4
80%
10
16%
9%
•
82
10
10
101/4
21%
9%
47
23
—100
12
6,000
6,600
3,400
-
35%
14%
15
22 3/4
22
95 % Apr
100
*24%
22%
233/a
*39
43
287a
3574
12
-50
conv
*98%
12
No par
2
28
1,900
,.
113/4 711% >;
7-'
44
43/+
2434
"461%
preferred
Jan
Jan
28%
36V4
12%
*12
25%
978
*153
12
♦16
9%
*59%
*103
45 V*
163/4
9 V*
*103%
44%
.
General Cigar Co Inc com
7% preferred
24
144
>
r
451/4
9%
10
21%
21%
13
9
16 '/4 .16'/+
16%
14%
*19%
25
General Cable Corp com
4%
lat preferred
5,800'
29V+
9%
19%
General American Investors com—1
common
.147a
I6V4
14%
10%
10V4
*16
No par
com
1
*80 Va
10%
9%
*13
No par
22%
43
General Baking Oo
<8 preferred.
50
343/4
14 V,
283/4
45'A
9 Va
12
•
45% '
12 Va
23
*81
1
General Bronze Corp
104'/a
3474
Xl 1'/a
9%
*14%"
15 Va
9%
9%
'
45
12
20
pfd series A
100
15
16
9%
*45
43
$4.25
'
15%
*11%
-1
Industries Inc
*102 Va
36%
243/4
com
conv
2,000
7 15,100
353/4
24 Va
•
/"
500
19%
40%
X98%
37%
V
57%
19%
143^
12%
.•
6,300
^7; 100
397,
14
16
V;
800
1,600
i
41
X35%
14V4
7
493/a
1063/a
57%
700
/
104
X104
36%
-
28%
50
1.66%
106
.May J 2
10% Jan
9
(The)
preferred
Gaylord Container Corp
105
14%
14%
12%
100
Gardner-Denver Co
Wood
36%
'
-
24
197a
Va
: 40
16
—1
common
preferred
GameweU Co (The)
4%%
V*
14%
105
102%
36
14 V*
7
;/
"
preferred
Oo
'
36
*102%
102
35%
14%
105
36 y«
102
35%
59
19%
28%
10
25
6%
Gar
40'/4
Corp
1
Sulphur Co__
...
10
Malting Co Inc.l
Gabriel
5
39'/+
9%
Gair Co Inc (Robert)
Jan
41 Va
15%
10% May 21
20
x39%
9%
10% May 22
10%
21
Jun
4%
41%
*57%
16
Froedtert Grain it
May 19
40%
15%
Fruehauf Trailer Co
5
56%
19%
par
Freeport
24% Jan
197+
12%
Stores
May 27
12% May .18
-
66%
19%
28%
Food Machinery Corp (new)
10
3V*% com conv pfd——,—__loo
8% Apr
35% Feb
May 15
*105%
1071
55 Va
19%
10
Foster-Wheeler
5
105%
-
55%
20
_1
12% Feb >26
25% Jan
107
55%
19%
«
103
>14%
No par
Corp,
Corp common
6% prior preferred
—
Francisco Sugar Co
No
MarlS
17% Mar 12
Dec
18%
3
22
Jan
6% May
•
35
Feb
39
77
Feb
24 % Feb 27
♦105%
55%
41%
41
7%
107
•10$%
*24
20
'
*101
Jan
■'25%
11%
89
Jan
*26%
~36%
24
Steel
107
56%
20
No par
Food Fair-Stores Inc
45% May 27
102
Apr 20
July
32%
12% May
Follansbeo
12
12% May 24
Feb
*105%
No par
-id'proferred—
May 27
Dec
110
Dec
19% May
23% May
,
9% Mar 17
33
91
Xl04
49%
No par
39%
110%
May
*65%
„
Carpet Co__.—_No par
Plintkoto Co (The), common
No par
99
1
•
cor
(The)
30
■
>
'4%*- preferred
106% May 28
i.
62%
21%
W
$3.75
60 Vs
122%
123
97
967b
60%
123
60%
61
123
60 Va
No par
No par
series.
96%
•97 ;
123
613/8
97%
16%
16% '
:
63%
*123%
61%
123V4
97%
:
123%
*123
97%
98
97
64%
633/8
1233/4
63
637a
1
1237a
88,100
124
77:
1,300
1,600
-98%
98
98
16%
16%; ,167a •'•"•'7.
*
13%
Dec
2% May
11%
20%
Dec
19
May
125
26
'
Dec
•
16% Feb
Feb
14
4%; Feb
11
Mar
3
2% Feb
13
.16%
Jan
11% Jan
22
31%
Feb
21% Mar 10
r
Oct
.
140
T:
Feb
6%
Feb
124
May 12
4% Mar 11
16% May 18
21% May 25
18% May 27
4% May 21
14% May 15
29
May 18
128% Jan
29
3% May
18% May
29%
Oct
22% Feb
11
6% May 24
30% May 21
26
36%
Jan
25-
Feb
13
31% Jan
12
110% Feb
13
123% Jan
2
May
101%
Apr
124% Jan
26%
Dec
35% Jan
25
19%
Apr
30
Feb
22% Feb 11
95
Dec
106
Apr
98% Apr
2
22 % Feb
14
29% May 24
Feb
10
90
21% May
40%
Mar 30
85
Dec
108
Jan
85
81
Nov
98
Feb
72% Jan 23
Outdoor
Gen
Precision
Gen
Public
Gen
Publio
General
Gen
4Y*%
82 % May 19
3%1$
Range since Jan. 1
Highest
?
85
22%
21
Jan
79
Apr 30
26% Nov
21
Mar 17
58
Sep
48% Feb 27
7
Feb
4
124
Oct
113
33
Feb
19% Feb 18
121% Apr 22
24% May 17
71%
Feb
47% Mar 16
94% Mar 11
64
May 21
101
Dec
41%
July
61% Feb
Dec
95
106
Dec
109
13% May
1
Mar 10
38% Mar 17
Aug
24"
96% Mar 18
Jan
16% Feb
11
28
May 18
53% Jan
6
Jan
9
47% May 20
101
Jan
4%%
9
20% May 15
18%
17%
.
177a
4%
41/4
43/4
43/e
4%
137a
133/a
14
l33/4
13 %
13%
133/4
27%
28
27%
28
271/4
27%
263/i
27
27
271/4
26%
267a
*124
127
*124
125%
125%
50
100
.
6
6V4
16,000
127
*124
61/4
63/s
4%
127
*124
6%
6%
*124
127
6V4
4%
6%
6
127
6V4
6
6
3,100
16,300
4,700
.
*29%
30
297a
30%
291/4
29%
28%
29%
293/a
29%
*291/4
293/4
*27%
28 %
277a
28
21%
277a
*27%
28
27%
27%
27%
27%
*119Va
119%
120
120 Va
'7
2,400
pfd__No par
Telephone Corp
20
Instr Corp com—No par
preferred
100
7.
-
1,500
1
preferred
preferred
IOIV4
Oo
eonv
28%
281/4
2874
*100
283/a
1011/4
297a
*100
28%
1011/4
*81
84
_10$
*81
84
♦81
84
*81
84
38%
Co
100
Inc
No par
82
26%
27
52
51%
513/4
*51%
53/4
5 3/4
57a
118 %
62'/a
-
*80%
80
116
23%
24
61%
62%
99%
*99
100
46
457s
46%
*99%
103
*20
*20
203/i
1161/2
23%
62%
100
46 3%
103
2678
116
23%
60%
100
453/4
>100
39 Va
I per share
57a
116
24
*81
84
*81
46%
■m
84
28%
6,200
50
'"ft
:
Thursday
9 per share
24
23
233/4
22%,
82
82
817a
267a
53/4
60
457a
*100
*80%
38
*93%
27
27'/4
27
271/4
52
5174
513/4
*517a
53/4
57a
57a
53/4
115
24V4
61%
101
46
103
115
24
62
100%
45V4
*101
19%
116
24
62%
101
457a
105
I93/4
the Week
Shares
9 per share
947a
116
2374
''%D
Sales for
Friday
May 2H
387s
*99%
103
71
100
92
947a
23%
61%
200
103
*89
38 Va
-115
100
1,800
93
96
*51%
52
'470
28
28%
*89
38%
38 V»
*93 Va
27 »/4
122
28
*80%
24
80
116%
*100
23%
*100
233/,
96
27 V\
*23%
Goodyear Tire it Rub com—No par
$5 preferred
No par
*93'%
24%
55/a
—No par
No par
38%
96
24
5%
10
com
$ per share
39
28
29
28%
May 37
May 26
May 25
122
*2774
PRICES
Wednesday
Tuesday
85
26%
•
AND HIGH SALE
24%
*51%
1
*93
96
*80
(The) com.—-No par
preferred
50
$ per share
38%
383/4
24V4
No par
Hosiery
May 24
t per share
*93
5
common
(B F)
$5 preferred
Monday
IOIV4
89
90%
May 22
101 '/4
89
*89
Saturday
283/a
281/4
29
92
LOW
*100
28
28 Vt
28%
*89
121
28%
28%
101'/4
28 3/8
*27 *
29%
92
STOCK
Goodrich Co
Gotham
1201/4
28Vi
29%
*89
_
Goebel Brewing Co
Geld St Stock Telegraph
Goodall-Sanford
119
287a
29
28%
120
28%
*28%
29
29%
101V4
5
119
120
*28%
*28
—100
Brothers
Glidden
2
,
4%
13%
No par
loo
$4.50 preferred
12
w
4,700
5,800
14
Far
May 27
Jun
Mar
84% Jan
18 3/g
18
i, 906
213/4^-2178
4%
Gimbel
May 15
173/4 \
21%
•
127a
25
103
90
m
'
43/4
Gillette Safety Razor com—No par
$5 conv preference
No par
Feb
Dec
49
17 7e
217a
5
13%
39% May 21
95% Mar .4
30
Jun
99%
13
Apr 26
17% Feb 14
Dec
171/4
17
2174
i£6%
13%
EXCHANGE
Jan
61% May
5% May
104%
27% Feb
36% Dec
Dec
'
t 2178
16%
_No par
NEW TORK
105%
17% May
il
213/4
*16%
5
;
8 per share
I per share
$ per share
Dec
90
21%
-16%
43%
Corp
Refractories
Lowest
Highest
23% May
par
Gen Tire * Rubber Co com
May 12
16%
21 Ve¬ '21%
Time
4%*
;
"*■"
10c
Utilities
General Shoe Corp—
Gen Steel Castings $6
29% May 18
16%
STOCKS
Tear 1947.
6 per share
Equip Corp.—No
Service
Rang* for Previous
Lowest
Cement
Railway Signal com
6% preferred
;
Gen Realty A Utilities
General
16%
par
Co__
l
Gen
30 % May
6
Advertising—No
General Portland
101 % May 22
Feb
Gen
•
3874
.
,
7,900
95%
9,500
27'/4
W)
100
23
83%
10,300
500
300
53
57a
1,600
117
233/4
330
4,200
4,500
62
62V4
*101
102%
-900
45
457a
7,300
*101
104%
*191/4
400
197a
2074
1974
1974
*193%
207B
47a
474
47a
474
5%
47a
5
8
8
8
.
3
8%
May
5%
31
3% Feb 27
Oct
8% Mar
Dec
17
14
18
Feb
11
May 28
29% May 21
24
Feb
16
31
Mar
90
Feb 26
21% Oct
23%
Dec
33
,90
Dec
107
9
May
14%
Feb
28
Dec
37%
Feb
29
12
Dec
17
Sep
12% Jan
-49%
Feb
36%-Feb 11,
20
Dec
133
9% Mar 16
Mar 27
20
27% Mar
70
May
Jan
132.
Feb
163%
Dec
VC 59.
8% Apr 2.3
25% Feb
Jan
12% May
34% May
2
Jan
41
Jun
5% Feb
5% Jan
60
19
Jan 22
Feb
40
96-
May 26
Jan
16
15% May 21
23
Mar
2
27,
144
Jan
20
77
Jan
27
Oct
35% Aug
29% Feb 21
14%
Dec
21% Mar
14
Mar 16
Dec
10
Feb
Feb
91% Apr 16
30% Feb 11
39% May 24,
17% May 17
1
Granby Consol M S it P
5
8 Va
8
37%
36%
36%
37
373/4
3774
3774
39%
40
28%
28%
28%
28 3,4
277a
277a
273/4
28'/a
28V2
28%
29 V*
29V4
291/4
29 Va
29%
297a
30
31
301/4
30'%
95
95
flOfl
8'/4
*36
*94"
1
13
No par
*33
Gt Nothero Iron Ore Prop—No par
Gt Northern Ry 6% pfd
No par
Great Western Sugar com
No par
*15
$2.2$
,
•
cum
7* -preferred."
com
pfd_
oonv
—...
Green Bay is Western
RR_
Green (H
43/4
5
5
City 8teel
Grant (WT) Oo common
% 3%*: preferred—_•
Grayson-Roblnson Stores
4%
No par
-No par
Granite
Apr 23
50% May 15
Motors.
Grand Union Co
13% May 15
33
Apr 10
29%
Graham-Paige
mo?:
—100
L) Co Inc.—
Greenfield Tap Jk Die Corp—No
Greyhound Corp (The)—
47%
22 Va
*142
8
8 V4
*94
95
95
13
13%
*33
13
35%
35%
127a
*33
8
8
./Y"
,
29,800
3.700
7/7:
1,200
2,600
4,700
•777
96
*96
97%
20
127a
127a
13Va
1,700
*32 7a
33%
13%
*3'2a/4
13%
35%
33%
*94%
15'/4
15V4
157a
15
15Va
15%
15%
147a
147a
48
473/4
48%
47%
47%
47
47%
47%
48
223%
777'
3,000
5,600
5,000
221/4
227e
144
•142
223/4
144
221/4
142
*63%
227a
142
.
66
221/4
*141
2274
22%
*140
*63%
66
144
10
66
*63%
*63%
l
*38%
39
383/4
397a
387a
39V4
39
391/4
39'%
393%
4,600
par
103/4
167a
16'/4
1674
1574
16 'A
153/4
16V4
*15i%
16%
f
1,000
48,000
.
66
*63%
144
66
,
vjii'
9.
62
17
12
July
May
105%
Dec
8%
:4% May-
;
78
95
May
6% May
Dec
33
5% Mar
Jan
85
13% May 17
Common"
97% Feb
4Vs%
11
9
43% Apr 16
7% May ,21
94
Feb
7
12% Feb
11
19% May 15
44
Dec
14% Feb
.51
Pea
76% Dec
:
31% May
57% Apr
13% Deo
5
10
57
Feb
57% Feb 10
16%
Sep
14
Jan
2
39
Jan
SI
Feb
10
May 21
May 21
75% May 15
17% May 13
a,
121/4
preferred—
100
Grumman Aircraft Corp
1
Guantanamo Sugar common
1
$5 oonv preferred
i—No par
Gulf Mobile A Ohio RR eom_No par
*96%
$5
..vv■
preferred
.
No par
Gulf Oil Corp
Gulf Statee Uttlltlee Co.
39
6%
*92
18
*56
12
12%
*96%
98
39%
39%
7%
127a
98
3974
12
127a
*96%
93
3&'5/8
39
12
12%
121/4
1274
123%
*97
973/i
*97%
97'/a
97%
50
39%
39%
40
413%
6,000
3874
*92%
927a
927a
20
13V4
I8V4
1874
177a
18%
18
181/4
17%
177a
18'%
16,100
57
563/4
55
5574
553/+
56V4
55
553/4
56
5,500
74-i/z
751/4
75
75%
X74Vt
743/4
75
1674
17Va
163/4
17
163%
16%
167a
15,600
8,200
6%
♦92%
95
674
95
*92%
—25
74%
747a
74%
567+
751%
-No par
167a
167a
167a
17%
63/4
95
674
*92%
674
95
63%
•11
H
32%
14
Deo
19%
Jun
12% Mar
Dec
19
Jan
Dec
112
Feb
102%
19%
148%
28%
Dec
108%
Sep
27% Dec
Apr
Oct
160
"
May
Mar aa
*101% Feb
Jan
see
3
79
39% Jan
For footnotes
9
13% Mar
Feb
13
87%
page
10
21% Feb 24
147
Mar 24
27% Mar 16
24.
38
Apr
10
Haekesuaek
16% May 22
Xl4% May 21
Hall (W F)
89
Jan
12
104% Apr
12
27 Va May 21
150% Jan
Hamilton
4*
Henna
28
6*
Hart.
SB
Printing Co
Co
00m
preferred
5
No par
100
(MA) Co $4.2$: pfd—No par
Harbison-Walk
34% May 15
■■
Water
Watch
oonv
Ref rao
com
preferred
Schaffner
■17
3,900
674
67a
7
No par
100
A Man
10
*33
1574
♦14% =
86.
*10374
157s
16 «/4
143/4
147a
*84
86
104%
267e Z 267s
*148 Vv 152
*33%
♦33
34%
34.
33%
*33
15%
*15%
14%
87
*10374
104%
26%
267a
v
•148
152
14%
*84
♦103%
26
*148
33%
*33
15%
*15%
33%
157a
1474
*14V2
147a
87
*84
86
104%
26%
152
♦104
26V4
*148
1043/4
27
152
*33
15 V*
14%
*84
*104
267a
33%
*33
H'i!
,
33%
15%
900
14%
*14%
147a
1,100
86
*84
86
15%
104 3/4
27%
*148
152
33
33
*15
*104Va
263/4 ;
♦148
•
20
105
263/4
1,800
152
v
33%
33%
33%
33%
323/4
33'/4
*33%
33%
800
7:77
'J
7':7;
COMMERCIAL
THE
(2374)
18
Range for
Range since Jan. l!
Highest
Year 1947
Highest
$ per share
10%
IOOV2
12
'7%
6% Feb 24
Apr
May
6
■»:
S per
$ per share
Peb
Dec
Feb
6% Feb
9%
Oct
Dec
35%
Jan
22
May
30%
Jan
90
Dec
103%
Apr
78
35
May
42%
Feb
X95
Dec
35% Apr 13
95% Jan 23
108
July
Nov
68
Jan
140Va
Dec
165
Jan
•
May
50'A Sep
Jan
7
46
Dec
134
Mar
121
Dec
38
Sep
118
Oct
134
Sep
114
20
Sep
Jan
21
291/a
42
Heinz
Jan
103
2
May 28=
60
May 27
146% Apr
16
22%. May 21
57% Apr
6
29%
128% Feb
2
2
Mar 22
30% Apr
10
122% Jan
12
4
27% Jan
2
9
28% May 20
83% May 20
27% Mar
Feb
18% Mar
14% Jan
19
10%
Jun
14% Dec
10% Apr
26
Jun
33*
Dec
28
Mar
22'/2
2
1
36% May 28
251/4 Jan
2
29% May 20
3%%
7,7c
W)
Hilton
Hotels
100
Apr
X29%
Nov
20
Feb
24
21% May
141/4 May
31%
Jan
21% Feb
5
201/4
Oct
13% Feb
11
16% May 17
Hollander & Sons
17
May
25
Jan
15% Feb
14
29
Jan
48
Jun
30
Nov
36
Dec
37% Apr
26% Feb
11
19"%
Feb
14
Mar
131/4 May
7
35% May
3
18% May 27=
9
44
Dec
56
Feb
36
Feb
27
46% Jan
14
281/4
Jan
36
Oct
29% Feb
10
34% Jan
85
2=
$4
Furnace
10%
ioy2
10 %
10%
44,300
22%
22%
23%
22 %
22%
6,700
26%
26%
90%
26%
*26 %
26%
*89'%
1,000
90%
89%
89%
*88%
90
*88%
90
38%
*883/4
90
38
38
38
38
38% '
*38%
391/4
*383/4
39%
*102
,103
*102
Household
3%%
26%
*26
26%
27%
28
28
27
83%
83
83
*83
12%
11%
12
12
12'A
12'A
12%
33%
33%
33
33
33
34
34%
35%
35%
36%
21%
21%
21%
21%
21%
21%
21%
21%
21%
29
21%
29
28
29
27%
28
28%
28 3/8
28%
28
15%
15%
16
16
15 %
16%
*15%
28%
29
17%
39%
393/4
39%
39%
39%
35
353/8
35%
35
35
28 3/8
283/4
28%
2,800
800
17%
17%
17%
17%
17%
17%
18
1734
41%
18%
17%
18%
*41 %
41%
41 %
41'%
41%
41'%
41%
41%
41%
41%
500
32
33
32%
33
323/8
32%
32%
32%
94
2,700
92%
92%
92%
925/a
93%
93%
10,600
43? 4
43'A
43%
43%
43%
44
44
43%
43%
36 '/a
37'A
35'%
2,900
36%
36
36%
3534
365/8
36
36 3 4
22 %
*21%
27,500
*441%
•45%
44 %
44 %
42%
43'%
5%
5%
5%
5%
5'A
5'A
5%
13%
*12%
5
Hudson & Manhattan common__100
preferred
25
c
Co
*
preferred
..100
Hudson Bay Min & Sm Ltd—No par
non-cum
*13%
13%
13
22
*21%
140
22?'a
21%
21%
43'%
44 %
44%
*44
443.,
1,800
5'A
43
5%
5%
5
5%
3,700
213/4
2134
200
Hudson
13
19
8
Hunt
Foods
Mar 16
5
May 17
Hupp
13'%
*12-%
13'A
44 3 4
12%
12%
12%
44%
44%
45
44 %
12%
44%
44'%
44? 4
44%
44%
45
45
20%
20%
20%
16,000
20%
20 Vb
•20%
6.66%
20 'A
22 Vb
18%
21%
18%
22 %
21%
21%
*18-%
18%
18%
58,000
18%
1
22% May 27
18 ¥2
18 ¥2
18%
4%
18%
18%
18%
1,300
4%
4%
4%
4%
4%
4%
4-34
6,500
Corp
Apr
39%
35
43%
Howe Sound
3
40 3%
34%
*21%
28
15% Feb
2,600
28%
39%
34'%
22%
46%. Apr
Jan
28%
28%
40'A
37%
31
7% Feb
300
35
39%
*34%
800
16%
43%
Jan
30
40%
35
*
1,700
3,200
35%
33
3% May
9,400
*21%
38% Mar
45
12%
22%
*41
1
20
80
12
*92%
Howard Stores Corp
14% Mar 17
2,000
83%
31%
26
34% Jan
1,500
27
93'%
22% Apr
Oct
26%
27
31
11
Feb
26%
110
*83
29%
33%
500
118%
29%
33
30
'
118%
93%
11
21%
12
8,200
3-1%
Feb
43%
12%
;
93%
19
May
121/2 May
15% May
30
'
126
31%
20% Feb
33
;; 55
*29%
*92%
Feb
5%
54%
*125%
*42%
Dec
6
83%
700
2,300
100
29
3
May 24
26%
583/4
20%
No par
28%
Mar
27%
>
290
153
*21%
No par
20%
7
583/4
20%
27
*83
12%
.50
Houston Light & Power
Houston Oil of Texas v t
14% May
119
83
40%
44% May 17
37% May 22
2
*118
28%
*34%
93% May
5
X26%
118
29%
27%
5
Mar 12
9% Apr
118
126
10
600
103
*150
V 55%.
29%
83
16%
Mar 30
4% Jan
*1251/4
29%
27%
28%
38
Feb
54%
125%
29%
28
16'A
88
7%
55
125%
30
118
103
'21
83%
28
Sep
13% Mar
54
103/8
60
153
*20%
126
117%
16%
Jun
May
20%
60
*150
153
28%
28%
12.50
com
•
103
f
26%
*83
No par
Finance
54% ;
59 %
~l-
20%
*125%
117%
27%
preferred
54
■
*117%
■27%
com
59 %
*150
20%
*102%
*29%
30
*15%
45%
3
54%
125%
20%
-
103
-
5
4
105%
7% May
53%
*29'A
59%
*148%. 152
20%
125'A
;
29%
117%
27% .' = 27%
1'
Dec
311/2 May
53%
126
*117%
v'
5
37'/8 May
16% Jan
Dec
20%
10%
:231/4,
59%
152
*148%
21%
10
Houdaille-Kershey
conv
38
152
'■*
29%
5
Homestake Mining.,
Hooker Electrochemical Co
$2.25
53%
*125%
10
(A)—-
16,900
10%
1
(Del)
300
9%
22%
21%
100
Holly Sugar Corp
35'A
May 19
42% Feb 24
Holland
9 3/8
*26%
*143%
;
5
Corp_,
9%
27
59%
Hinde & Dauch Paper Co
Hires Co (C E) The
9%
"Shares
8
77
9%
101%
—
9%
*7%
*76
26%
59%
_No par
Corp
9%
8
77
.22%
101%
preferred——_
9%
*7%
*76
10%
-Nopar
Chemical
cum
8
77
27%
J
Heyden
3%%
9%
*
*76
23%
59%
Inc..
*7%
77
Sales for
the Week
10%
101%
preferred—
7%
■'
<
I per share
23%
,
59%
preference
FridayMay 28
t per share
*26%
24
101%
6% .preferred—
100
Hershey Chocolate com*.-*. .No par
conv
$ per share
27
■-
$4
*76
9%
25
Powder common— _Nopar
Hew.ittrRobins
9%
10%
7%
77
—100
Motors
■
Hercules
Thursday
May 27
May 26
*89%
25
—
common
non-cum
Hercules
PRICES
Wednesday
*38
100
preferred
cum
(G
10%
7%
*76
9%
24
.
i—15
common—
SALE
*26%
5
—
preferred
3.65%
Helme
—
Co
HIGH
May 85
$ per share
7%
78
9%
2
common
(H J)
AND
{.Tuesday
•
t per
7%
*76
1
—
Mfg Corp
Co
7%
,—100
Inc—
Industries
$ per share
1
preferred
Heche
21
Feb
4%%
■,
May 24
'
Hat Corp of Amer class A—
Hazel-Atlas Glass Cq__.,
*
79% Mar 22
126
Par
.May .21
89% May 25
9
Mar
5
'
27
10
Feb
Mfc? 308
'
'
share
10% May 21
26%. Jap
5
9
14% Feb
140
63
LOW
Hayes
27
Jan
51% Feb
22% Feb
14 ¥2
Monday
May 2'I
Hayes
21% Feb. 14
49 '%
Saturday
Monday, May 31, 1948
RECORD
STOCK
9%> May 21
11
25
>
STOCK
EXCHANGE
Jan
79
Marl6
73
6% Feb 11
x20
Mat 10
4% May
NEW YORK
Lowest
j
;
$ per share
'6% May
75¥t
CHRONICLE
STOCKS
Previous
Lowest
r
FINANCIAL
YORK
NEW
'
&
Motor
Car
No par
Inc
5
4%
5
5
400
I
30
May
39% Aug
32% Dec
30% Apr
27% Mar 16
39% May 15
64%
18'A May
371/2 May
62 % Feb
83
Dec
93
Jan
97
Aug
15
Jan
26%
Dec
11
95% Mar 16
24% Jan
22
28% May 17
•
lT%
7% May
x21
Dec
9% Feb
Jan
30%
Dec
35% Jan
27
20% Feb
11
5
May 27
97% May 17
351/4 May 21
30
May 26
'
125% Feb
~70
Jan
Dec
July
95
186% Jun
80
6
May
10%
11%
23%
23%
23%
23%
13%
13%
13
13
53%
53%
54%
Ingersoll-Rand common
6%
preferred
No par
*145%
147
146
146
145%
145%
147
147
148
151
151
*153
157
*153
156
158
158
158'
Inland
>155
45% May 15
21% May 27
8% May 24
No par
160
>155
44%
44%
44','4
44%
44
44%
43%
44%
43%
44%
43
20
21%
21%
21%
21%
20%
44 "4
7,400
21%
21 %
21%
21%
21%
21
21%
14,409
23% May 15
Interchemical
34%
Oct
76
Dec
96
Jan
103
Feb'
23% Feb
74
11
11
Feb
9
3%
Dec
5%
Feb
36%
Feb
24% Mar 16
94%
9
Dec
59%
Oct
107% Sep
May
16
Dec
104
Dec
116
8
3% May 18
16% May 24
14G
May 27
36% May 21
83 % May 18
3% Mar 16
Dec
137
Jan
99% May 15
25%
130% July
38% May
Mar 27
169% May 18
8% May 15
5%
135
Jan
2
42% Mar 17
86
Feb
Feb
28
9% Mar 19
5% May 20
x32
May 21
139% May 11
64
May 27
98
May 24
14
May 20
107% Jan 29
Feb
90
46%
Apr
58%
Feb
52 % Jan
24
60
May 28
37%
Jan
45
Dec
39% Mar 16
45
Jan
May 28
1*»
401/4 May
63%
Oct
43
Mar 12
61 % May 28
32
40
Feb
30
Mar
35
Jun
9% May
17%
4
Mar 31
Illinois Terminal RR Co
5
>
Indianapolis Power & Light__No
Industria
Electrica
De Mex,
S A
Industrial Rayon
„100
Steel Co
Inspiration
Consol
Copper
Insuranshares Ctfs Inc
Corp
preferred
4%%
Intercontinental
Interlake
Int'l
Rubber
Business
Minerals
International
$4
Paper
preferred
35
*80
Feb
11% Feb
11
16% May 27
Feb
11% Feb
11
Feb
17% Mar
9
16
May 27
26% May 27
Interstate
20
May
27%
Oct
22% Mar
1
31
291/8 Feb
143%
Jan
158
Aug
18
137 % Jan
16
39% May 20
145
May 25
Island
Range for Previous
Lowest
6%
Jun
19%
Dec
80%
Dec
39% May
13%
53
Feb
7
Mar 16
19% Jan
6
Jan
89
Dec
104%
Sep
92
Feb
13
37
Jun
46%
Oct
34% Feb
10
125% Oct
100% Feb
11
20% Feb
19
Dec
24%
Sep
98
Dec
112
Jan
Dec
151
Dec
•
145
27% May
86%
Dec
25%
Jan
34% July
39
100
145
Feb
Jan
10
29
Feb
29% Mar 16
Feb
83% Feb
6
40% Oct
31% Feb
11
101%
143
96
142
<94%
96%
95 %
168'4
16834
167%
7%
7%
7%
7%
34%
35%
<T)
*80
5
31%
142
96%
168 %
3%
84
7%*f
33/8
153*4
144
96%
168
f
146
145
96
96%
95%
1D8
168%
166 34
7%
7%
33/e
16
146
96%
167
7%
7%
7%
34
34 3A
35
35'A
34'%
84
35 'A
*80
82? 4
81
81
81%
81 %
4%
47%
4%
4%
30'%
30 Ve
30 ¥4
31'A
5%
31%
3%
16%
35
34
*80
43%
30%
3%
153/4
43/4
31
4%
313%
4%
31
190
1,900
15,300
2,500
8,700
330
6,« 00
6,500
200
4%
3,600
31'%
32,900
13534
137
137
138
60?4
62%
61
62%
450
61%
63
63
64
98
63'%
64
97%
98
98
98
98
26,000
97
97
12
12%
*97'%
98
12%
11%
11%
11 ¥4
11%
700
93
91 ? 4
91%
91
91
90 Vi
90%
57%
57%
57%
59
59
*57'%
42%
42
42
42 ¥2
42'%
41?'i
41%
58 ¥4
58 ¥4
59
59%
36%
*34
36%
136
136
136
*136'%
60
*11'%
137
*136%
12
11
11%
90'A
90
91
60-
60
60
41%
41%
42
42 ¥4
1.400
59%
60
60
61'%
2,300
*34
36%
90'A
*57'%
3.300
550
3n0
59%
59
*34%
36%
*34
15%
15%
15%
15%
14 ¥2
15 ¥4
14%
15'%
15'%
16'A
15%
15%
15%
15%
15%
153/a
*14%
78.500
15'A
15
15 ¥2
15%
16
*25%
153/8
15%
26
25%
26
25%
26
5,300
26
26'%,
26 %
*29%
30
26 ¥4
30
30
*29%
26'A
30
30'%
30
30%
30
30
37'A
37'A
36%
36%
*37%
*142
.
38'%
145
37%
*142
59%
36?4
37%
145
*34
36 ¥2
,26
30'%
37
37
37
145
145
*144
147
LOW AND HIGH
STOCK
Saturday
EXCHANGE
10
May 27
21% May 7
92% Jan 30
48
99
May 28
May 11
42% May 24
113% May 24
32% May 21
106
152
May 21
Jan
6
(F I)
'
*34
*144
36%
147
*144
147
Co
t per share
SALE
1,900
900
1,200
20
PRICES
Wednesday
May 25
May 26
t per share
I per share
Thursday
May 27
t per share
Friday
May 28
f per share
1
9%
9%
9¥a
9¥b
8%
9%
9'%
9'%
9'A
10
Jaeger Machine Co common..No par
Jersey Cent Pwr & Lt 4% pfdn_100
9%
*20%
21 ¥4
*20'%
21'A
*20 ¥2
21 ¥4
20%
20%
20%
21
*203/4
21
83 3/i
33%
84
84
84
84'A
84
84
84
84
*83%
84%
46%
46%
46 ¥2
47
46 ¥2
47 ¥4
*47
47%
47%
47%
98
*97
Jewel
Tea
Co
Inc
No par
com
334% cumulative •preferred_,_100
Johns Manville Corp com—
*97
98
113¥2
113 ¥2
32%
x31'%
313A
106
*104'%
105 3A
170
*155
170
—100
'111%
12%
*31%
100
'104%
100
'155
stamped,
Jones <fc Laughlin Steel
43
Joy Manufacturing Co
5%
No pa."
36%
—100
*88%
1
com
42'A
preferred series A
*97
1133/4
41%
preferred———-
98
42 Ve
Np par
3%%
*97
413%
41%
Johnson & Johnson common
4% 2nd preferred series A.'
Joliet & Chicago RR
37% May 21
93% Apr 16
May 20.
Tuesday
May 24
t per share
Par
Jacobs
Monday
May S3
tper share
82% May 15
39% Feb 18
108%
NEW YORK
;
tper share
Feb
24% July
104%
142%
143
143
168%
STOCKS
Range since Jan. 1
Lowest
Highest
Highest
$ per share
16
*
Year 1947
t per share
1
3?8
15%
*59
.
50c
new
$6 preferred
3%
16%
*56%
42'%
.
No par
com
3%
15%
*91%
—100
_No par
„.No par
Coal
142%
3%
163/8
61
12?%
Telep & Teleg__No par
share ctfs
No par
Dept Stores
No par
Creek
3?8
16%
COO
2,800
97%
No par
com
Intertype Corp
May 15
Foreign
3 %
16
40
137
60%
*96%
International
17%
23
93
84
*136
.
International Silver common..:..25
7% preferred
,
25
26%
23
98
4%
31 %
Shoe
Apr
22%
98
35%
1
5%
preferred
International Salt
International
223/4
98
7%
No par
Int'l Rys of Cent Amer
8%
223/4
98
7%
15
*8%
22%
98
class A..25
100
160
22%
96 %
com
1,800
97%
168%
com__.No par
Co
9
4,300
22 %
.168%
100
*83/a
600
54%
151%
96 %
,^96%
preferred
834
54%
22 %
*141%
International Mining Corp
Int'l Nickel of Canada
Preferred
8%
54%
97%
No par
5
9
54%
7,100
3,500
13%
22%
3%
com
*8?i,
54
11%
2334
97%
new.No par
Chemical
8'%
8
53%
11
23%
*13
22%
100
&
*154%
*13
28%
97%
15%
common
Int'l Hydro,-Electric Sys
4%
8
22%
*96
No par
Machine
53%-
8
5
100
;No par
Int'F Harvester
7% preferred
Int'l
1
:
com
Iron
19
9% May
4.000
2334
11
Feb
22% May
10
Feb
291/4
13%
161% Mar 31
*
60
380
23%
Apr
163
;
700
97 %
343.4
13%
33
11
97%
*34
23%
158
2% Mar 10
30
97%
54
10
11% Feb
35%
13%
20
Feb
3434
*96
23 3%
Feb
7
96 %
35%
13%
Feb
15 % July
96%
*34%
23%
150
May
91/2 May
97%
35%
13%
119
5
*96
*34%
12,300
23%
Oct
22
97%
35%
3,100
37%
*53%
Feb
May
*96
*34%
333i
84
1
136%
95 % Apr
common..No par
97%
35'%
37%
par
180%
21
*96
*34%
1000
33%
*82
11
Dec
Mar
33%
30
May
108
83
33
11
107
"Dec
38%
82%
30
169
3
37%
82
10%
24% May 14
100%
38%
82
293,a
15% Jan 28
54% May. 28
151% May 28
11
33%
37?/4
82
10%
17
11
33'4
38 34
80%
29%
10
6% Feb
33 ?£
37 38
82
10%
Feb
34% Mar 10
100
series A
Co
323't
39 Ve
*80%
29%
May 27
15% Feb
4%
ctfs
Power
3334
38%
81
10%
39
Oct
RR stock
Illinois
33%
38%
29%
13
Feb
lines
33%
38%
*80
10%
Dec
Nov
*33
AJ100
ser
28 3/4
July
8%
Leased
pfd
conv
10%
17
42
non-cum
29
50
17%
6%
10%
2
Jan
12% May
6% Sep
.20
Illinois Central RR Co common—100
29
11% Jan
X351/2 May
12%
Idaho Power Co
36%
90
42%
36 ¥8
*88%
42'A
40 ¥4
*97
98
48
48
*97
Shares
20,000
500
180
98
41%
40 ¥4
41'A
x40?4
41%
*109
112'%
112'%
112'%
*111'%
113%
31
31'A
29%
303/4
29%
29 ¥2
1041%
104?4
1043A
104%
1043/4
*104
105'%
170
*155
2,100
170
104'A
*155
36%
98
9¥a
Sales for
the Week
*155
170
.
35%
36'%
90
89
90
42 ¥4
42
42'%
36'/a
*89
41%
170
37%
*155
36'%
90'A-
*88%
37%
90 '
42'A'
X42'A
42%
41%
*110
29%
41¥a
113
29'%
10,400
200
1,300
130
36 Vb
36%
*88'%
89%
200
42'A
423/4
10,200
19 ¥4
300
14,800
K
14
94
16
Jun
Dec
May
22%
Feb
14
Feb
11
21
108% Mar
29% Dec
90
Feb
23% Feb
17
11
58% July
18
14% Mar 17
20% Feb 20
26%
Nov
Feb
18
Jan
21%
Oct
17
Feb
10
41 % May
52%
Jan
42% Feb
13
46
39
98
May 11
43% May 15
59
Apr 23
48% Mar 12
13% May
20% May
May 22
24% Jan
21% Jan
10
2
58% May 15
51
Apr 20
May 27
Apr
49%
Fib
36
Feb
13
43
Jan
21% Dec
27%
Feb
19
Feb
11
24
May 24
103
Dec
11% May
65 % Jun
116% Feb
Feb
85
Jan.
63
Oct
29% Feb
25
May
Dec
34
Jan
40
Oct
45
Jun
59
Feb
40 %
Apr
52% Oct
4% May
Dec
9
20%
Dec
92%! Feb 21
20
90
•
Kalamazoo Stove & Furniture-
10
20%
*20
20 ¥s
*19 3A
20 %
20
20'A
*19'%
20
*19 ¥4
98
20%
*97
98
*97
98
98
98
*97%
98
97%
40
Kansas
47% May
13%
May 20
-38%
102% Aug
7
Feb
14
Jan
44
Jan
For footnotes
see
page 24
11% Feb
Mar
91% Jan
32
Feb
103% Jan
31
2
Kelsey Hayes Wheel
Class
conv
B
Jan
20
45% Feb
16
13
47% May 18
4% Feb
11
9
11
20 Vb Mar 19
6% May 15
Apr
5
12
,
24
Mar 24
17%
17%
xl7%
175/a
17%
24
23%
23%
800
20
23%
20%
*233/4
19%
23'A
193/4
23%
19%
20%
20%
20%
20 3 4
58
57%
58 Ve
58
583/a
X57%
58%
58%
58%
3,700
27,400
17%
*23
46%
47
463/4
40%
41
41
42
42
235/a
23%
24
23
?3V4
102
101
Cumulative preferred 4%
Kresge
Kroger Co (The)
Kress
(S S) Co
(S M)
Laclede
Gas
&
Light Co
La Consolld 6%
Lambert
Co
Co
pfd,
(The)—
*
101 %
.1
*13
No par
70
-
10
ser__100
_10
No par
No par
,__4
500
22%
46%
common
7,300
19%
235/8
(G R") Co
130
39
59
17%
40%
2nd preferred
38%
*58
22%
46%
conv
58%
23%
5
4%
40
58%
20
No par
•
39
23 ¥»
No par
—100
com
40%
59%
20
1
Kimberly-Clark
Corp
*58%
18
57%
Kinney
95
58%
98
18
58
$5 prior preferred^
Koppers Co Inc common
5
58 3/4
403/a
57%
May 28
13
59
41%
59%
17%
N6 par
Jan
2
39%
59
18
40%
Copper
Kern County Land Co
Keystone Steel & Wire Co
75
36% May 27
41
41
*583/4
class A—1
!
KenneGOtt
8
11
*97
5
14
41
Feb
Kayser (Julius) & Co
19
2
38% Jan
56% May 27
Feb
City Power & Lt Co—
preferred
J100
Kansas City Southern com
No par
4% non-cum preferred
1Q0
3.8%
102
13%
-
35%
*94
70
35%
95
*101
13
13
*70
71
35%
*94
47
463/4
3,500
46
463/4
46
46%
413/a,
41%
413/8
41
41%
900
23%
233/8
233/4
233/4
23%
23%
3,400
101%
1013/4
*41
101
*13
47%
17%
*13%
14
101
101%
*100
102
3,300
300
14
13%
14
70
70
69%
69%
69
69
69
69%
160
35%
35%
35%
35%
353/4
36
36%
36
36%
4,400
9434
94%
94 3A
1
13%
*94
95
*13%
*94
95
*94
95
400
20
37%
37%
37%
37%
37%
373A
37%
37%
37%
38
37%
38%
3,500
52
52
52
52%
52%
53%
53%
54
55
56%
55%
56
3,200
4C*%
46%
46
46
46
46
46
46%
47
47
47%
47%
1,200
6%'
6%
75 Pesos Mex
*9%
10
No.par
23%
23%
6%>
6%
9%
6%
9%
23%
23%
:
6%
V
23%
*9%
23%
10
■'
>6%
6'/8
6%
*9%
10
9%
23%.
24
23%
6%
9%
24
6%
9%
23
6%
7,900
9 ¥2
500
23'A
2,800
Volume 167
Number 4703
THE
COMMERCIAL
YORK
NEW
Range for Previous
10
49%
Range since Jan. 1
Lowest
Highest
$ per share
I per share
14%
Jun
Feb
30 %
47
Feb
101
Dec
12%
9% May
Mar 19
23
Feb
27
Apr
Feb
30%
21% May
95
35
95% Jan
31
11
44% Jan
Jun
10
30% Mar
8%
Feb
4% Mar 16
1% May
35% Mar
3%
Feb
1% Jan
25%
Feb
9%
Feb
5% Jan
May 18
juee
He- Tire
(James)
Mar~30'
-----5
—
25
56
10'/a Dec
9 % Feb
24
12
45%
13%
*52
26%
99
Lehigh Portland Cement
12%
„
13%
SALS PRICES
*52
1 per share
*13%
14
*52
53
52
28%
28%
28%
28
28
27%
28
45%
45
45%
45
45
26%
26%
26%
26%
27%
45
LehmanCorp^(The)4*;»*—
Lehn & Fink Prod Corp.
May 15'
May 20
26%
*97%
13
12%
12%
12%
12%
12%
12%
12%
12%
35%
35%
35
35%
35
35%
35
35
26%
99
26%
26%
26%
*97%
99
35%
34%
7%
7%
7%
7%
7%
7%
7%
6%
7%
6%
4%
4%
3%
4%
4
4'A
3%
4
49%
*32
49%
49%
*32
24%
15,800
7%
4
'
49%
3%
*32
25%
25%
25%
24%
10
10%
10%
10'A
9%
54%
54
54%
53%
54%
11%
11%
12
11%
24
24
23%
24
23%
51%
52
52%
53
10
<
1,100
:?
99
*97%
4%
24%
—'—1
10%
10%
10%
54
*32
.;
2,700
/
6,900
68,700
49%
*32
24%
25%
25%
25%
25
9%
10%
10
10
9%
54%
55
54%
55
53%
54%
4,900
11%
11%
11%
11%
11
11%
2,800
23%
23%
23%
24
52%
23%
53%
24
53%
54%
54
55
10%
9%
10
r
49%
11,100
25%
10
5,400
'
5
*
2,100
99
35%
*40
-No par
pfd
45
7%
preferred- ——50
2nd
2,000
12%
*97%
100
,
.
28%
•
*97 %
99
800
■>
52
*44%
45
*
non-cum
13%
*13%
4
Lehigh Valley • RR——— -—50
Lehigh Valley Coal com
•_
Shares
t per share
13%
53
Sales for
the Week
May 28
53
13%
13%
13%
*52
53
SAX
Friday
'
.
1 per share
$ per share
.
i'jw"
Thursday
May 27
May 20
May 25
,
A*i
Wednesday
*26%
•
13%
35%
1
25
$3 non-cum 1st preferred. _No par
41% Feb
46%
*45%
*26%
50c
Feb
28'%
*97%
25% May 28
Jan
29
& Sons Co com—•—3
10% May 12
50%
53
29
1
-
14
*52
1
L
19
24
AND HIGH
Tuesday
$ per share
*13%
3.85% cumulative preferred—100
Lehigh Coal & Navigation Co_—10
Non-cumulative
19%
1 per share
No par
-—50
Ruboer
Lees
7% May 15:
4 % May 26
2
38 '/a May
v
Monday
May 24
May 23
common
Lane-Wel.s Co common:
35% Mas
14 Va May
Jun
<
<
preferred-—
Bryant
4%%
13% May 22
37% Jan
9
9
4% May
5%
Saturday.
■
19
(2375)
.
RECORD
,
Par
Lane
26% May 23
98% Feb
4
Feb
Feb
56%
May
EXCHANGE
14% May 15
53% May 17
29% May 6
27
27% May 12:
38
STOCK
LOW
•'
STOCK
YORK
$ per share
9% Mar 12
47% Jan
NEW
Highest
t per share
Feb
56
May
CHRONICLE
STOCKS
Year 1947
Lowest
FINANCIAL
&
11%
XI1%
"
8
Feb
16% Feb 20
59%
Feb
46
11
Apr
40%
Oct
25
17
May
46% May
May
29% Mar
78
May
96% Jan
169
Dec
191% July
X48
33% May
Aug
24% May 18
31% Mar 16
82
Feb
Libbey Owens Ford Glass— -No par
7
Libby McNeill & Libby
38% Jan
2
8
Jan
14
10
12%
Apr
24% Aug
19% May
63
Dec
55% Mar 16
35%
Dec
28 % Feb
49
30%
Jan
18
47
Apr
23% Jan
79
20
Feb
13% Jan
2
27
Feb
15% Feb
27
58% May
12% May
79%
Feb
57% Feb
28
28%
Oct
19% Feb
27
17%
Apr
21%
Jan
18
Feb
19
137%
Dec
Jan
141
Jan
6
21%
Dec
29 '/a
Jan
2'1% Feb
11
39%
Dec
53
Feb
38 % Mar 16
29%
Oct
20
Feb
101% Aug
92
Mar 17
Dec
172
17% May
93
Dec
Feb
13
11
*43%
12%
12%
No par
69 %
69%
70
70%
69%
70
70
70%
No par
47%
47%
46%
47%
46%
47%
46%
47%
20%
21%
20%
20%
20%
20%
20%
20%
20%
15
Belt
Lion
Oil
Co
Co
Lockheed
Loew's
Lone
;—
Star
7%
(P)
Co
35% May 15
Gas
Louisville
&
6%
Mack
30 % Mar Hi
39% May 27
102% May 24
4,600
82
82
82
82
82
81%
82
20%
22
21%
22%
21%
22%
21%
23%
20,200
19%
19%
19%
19%
19%
19%
19%
19%
21,500
66%
67
*27%
28%
—10
19%
19%
100
*150
A_ _No par
65%
66%
65
65%
65%
66
*27%
28%
27%
27%
27
27%
19%
19%
19%
19%
19%
-
151 %
152
151%
series
A
_
*150
*151
151 % >
*24
24%
24%
24%
24
24%
49
:
——50
*79%
'
49%
48%
49
48%
49
31%
34
23%
13
139
1,400
4,300
.
19%
*80
98%
Feb
Apr
70%
22%
23%
26% May 17
152
21%
82%
34%
142
Nov
47%
20%
21%
*96%
May 19
24'A May 7
134
47
19%
10
MacAndrews
*69%
21%
20
100
2
70
47%
22%
& Sons Inc corn—1
Jan
70
_No par
& Electric
40
11,100
82%
•
27
500
13
19%
common—^
(M)
46
12%
46%
.
110
*44
13
12%
_No par
Nashville
Lowenstein
97
3,000
22 %
preferred
Louisville
May 15
400
861%
171
*79%
Cement
Corp
Long Bell Lumber A
Lorillard
37%
86%
171
44
X44
13
2,500
7,300
10,700
1
—
,
-
—
46
12%
—
,
-No par
Aircraft Corp
Inc
Co
36
*44
86%—
171%
'.
10
*36%
37%
86
171%
13
—
9%
10
*36%
85%
43
pfd
Nov
45
37%
170%
12%
cum
41
85%
170
43
Steel
Mar
37%
37%
87%
170
.
9%
12%
Link
28% May 15
20
Apr 12
152% May 20
24% May 19
19% Mar 17
37%
86%
al70
53%
44
4%%
34
Oct
37%
87
170%
23%
:
10
12%
Lukens
26%
*40
170 %
9%
5
Corp
May 19
24% Jan
8
13% May
37%
86 %
170
x52
Liquid Carbonic Corp com— -No par
3%% conv preferred
100
23% May 10
20% May 21.
68% Jan
5
50
37%
87%
170
.
Lima-Hamilton
9
Apr
87%
•
-
28
84
Feb
10% May
18% Dec
78%
109 %
11
Mar 16
*37%
—
-
May 14
13% May 17
70% May 24
Oct
—
Life Savers Corp
5
Liggett & Myers Tobacco com
25
100
7% preferred
Lily Tulip Cup Corp
—i. No par
47
Dec
10
.No par
—
-
174% Mar 30
26
8% Feb
37
12:
91
Mar 12
165% Feb
5
10% Apr
13
Lerner Stores Corp
56% Jan
Mar 18
8% Feb
35
34
*96%
23
35
*23%
66%
67
66%
67
27%
26%
26%
19%
151%
19%
19%
19%
19%
151%
151%
150%
600
150%
*27
4,100
1,600
,
4,700
40
24%
23%
23%
241/4
24%
800
48
48%
47%
48%
47%
47%
5,200
33%
34%
12,900
98%
*96%
98%
*96%
98%
23'A
22%
22%
22%
34%
34%
34%
*97
98%
231%
23%
34
981%
*97
23%
23
23%
1,600
M
30'A May
99 % Dec
41%
111
11% May
16% Apr
10%
98
Apr
12
Feb
11% Feb
5
21% Mar
xl6% Feb
25
9% Feb
It
18% Aug
Jun
6
Mar
15%
Dec
455
Jan
Jan
May
500
Dec
12%
9%
Dec
14%
22%
Dec
32%
3%
Jan
525
Jan
Feb
7
Mar
.
20% Feb
10
Mandel
Manhattan
7
7% Jan
27
15
20
Market
St
34%
Feb
22 % Mar
4
29% May 18
Marshall Field
97
Jan
6
102% Feb
2
2
22% Apr
16
Martin
MarlO
19% Jan
16
14
Dec
111% July
34
Jan
14 % Jan
24%
May
141/, Mav
Oct
15
39% May
18% July
63%
Jan
26%
Nov
24% May
35% Nov
175
Feb
Dec
190 .•<,
49%
39% May
Jan
Feb
Feb
88
Dec
106
85
Dec
82
Dec
100% Aug
97% Mar
47% Feb
11
19% Mar
170
11
May
27 % May
Master
20
176
Jan
26
35% Mar 16
47% Apr
20
84% Mar 27
92
May 27
84
Feb
6
92
Jan
11
Jun
50
Jan
38
108% Mar
113
Jan
110
Apr
16
Jan
32
Feb
6
I'/i
May
11,900
39%
39%
39
39%
39
39%
39
39%
39%
39%
39%
39%
6,200
103 %
*102%
103 Va
100
1
9%
*11%
42
35 % May
48%
Mar 12
$3.40
112
Jan
Co
May
33%
Feb
25
Feb
11
82
Dec
107%
Feb
88
Jan
5
35
Mar
45%
Oct
36% Mar 12
24
May
32
Feb
23% Mar 17
31
45
52% May
46
Feb
Jan
30 Va Mar 17
3%%
87
98
Jan
23
17% May
25%
Feb
11
31%
Feb
19% Feb
11
24% Jan
23%
Oct
16% Feb
27
105%
Feb
80'A Mar 24
95
Dec
18% Feb
5
$4
4% *6
May 24
50
Feb
36 Va Feb
27
46% May 28
May
25%
Jan
20% Feb
16
24
16
May
55% May
13% May
24%
20
'43 %
Jan
14% Feb
73
Feb
52% Feb
10
19%
Jan
12% Jan
28
Jan
9% May 18
44% Feb 11
65%
May
11
Jan
99%
28%
100
*99%
Dec
103 % Mar
35% May
19% May
62% May
18% May
xlO% May
4r/o
2nd
18%
18%
18%
18 Va
18%
65%
65%
66
66
26%
26%
26%
26%
par
36 %
36 %
36'A
36 %
*172%
47 %
1
41%
41%
_No par
*29%
30
Co
—5
*50%
*34%
941/4
Mengel Co
5%
1st
conv
Mercantile
15
Co
13
Feb
11
38% Feb
11
Dec
35
Mar 16
11
139
Nov
12% Feb
27
16
May 10
Feb
66%
Midland
9 Va Mar 17
13% Jan
45
Feb
27
Dec
114%
Feb
88% Jan
5
98
51'A
Apr
70%
Dec
54% Mar 11
78
99
Dec
102%
Dec
99
7
May
15
Dec
10% Mar 16
104
Jan
123
Oct
111% Mar 11
56%
28% Mar
.
3% May
8
4
11
34% Mar 17
Feb
32
Sep
10
13% Feb
13%
49 % May
Feb
Feb
Jan
Feb
63% Feb
110% May
128%
Feb
Feb
49% Feb
11
Feb
10
102
42%
*40%
42%
*110%
111%
*110%
111%
*110%
111%
*37%
38%
38%
38 Va
*37%
111
■
38%
AND
HIGH
SALE
I per share
$ per share
Thursday
May 27
$ per share
36
36%
36%
36'A
36%
100%
*99%
101V2
41%
*40
41%
40%
41%
40
29%
*28%
29%
*28%
29%
*29
50%
50%
50%
*501/4
34%
34%
50
300
38
PRICES
Wednesday
May 26
Tuesday
May "25
200
*99%
Friday
May 28
t per share
36 V2
*35%
1011/2
*99%
35%
f—t O O ur-
Sales
for
the Week
Shares
1,400
80
40
40%
40%
1.000
29%
29%
29 V-i
900
501/4
50'A
50
50
900
34
34
33 VB
331/2
33%
34
34
34
4,100
*95
97
96
96
*96%
98
98
98
300
24%
*23%
24
*23%
24%
50%
24
23%
24%
2,200
23
22%
22%
22%
223/4
*22%
23
500
23%
23'A
23%
227/a
233/s
22%
23
15,000
95%
*95
95%
*95
95 J/2
*95
95%
40
46
46
46
46
*46%
47%
*45%
46Va
46%
46%
1,200
22 %
23%
22%
23
22%
22%
22%
227/8
223/a
22%
10,000
19%
19%
18%
19'A
18'/a
19
18%
19%
19VB
191/2
62
62
62
62
61
61
61
61
62
62
18%
17%
17%
17%
17%
17
17'A
17
17%
9%
9%
9%
10
*9%
10
*9%
10
*60%
62
*89 %
91
24%
61
*89'A
24%
24%
5
*42%
431/4
*104%
105V4
17%
_
65%
*45%
136
43
104%
18
18
63 Va
66
45'%
46%
135
136
61%
91
24%
60%
*89%
24
61
61%
*89%
91
24
24%
43%
42%
43%
104'%
104%
104%
18%
65'A
45%
18
61%
45%
135
*134
43%
*103
18%
18%
62 Va
63%
45%
136
45%
*134
61
91
24'/B
44
104%
19%
64
45%
136
62
*89%
24
9%
18%
*60%
17
*93/4
62
61%
91
*89%
24%
23%
*43
45
44%
*102
104
*102%
19VB
62%
19%
64
19
62%
46%
463/8
*453/4
134%
1351%
134%
19
62'%
17
9%
61%
4,800
80
1,600
500
1,400
91
23%
2,600
44'A
1,100
104
160
19%
23,300
63V2
16,100
46%
136
1,200
180
14'A
15
14
14Vs
13%
14'/8
14
14'A
133/4
13%
6,300
11%
11%
11%
11%
11
11%
11%
11%
11%
11%
11%
12 Va
7,000
P
&
SS
M
A
vtc__ _No par
3.20%
——>.3
51%
«
uoo
$4
preferred
Moline
-w—_ ^No
Power
51%
51
52
51%
52%
52%
51%
52
94%
94%
*94
96
95
95
*95
96
96
96
73
com
pfd series A—
conv
Minn Min & Mfg
73
73
72
73
x72
72
71%
72'A
103%
par
72%
*103
103%
15%
10
7
Mojud
No par
100
119%
119
67%
Com—1
15%
119%
Impl
Mohawk Carpet Mills--:
15%
69%
68
6Va
103%
15 %
119
69%
6%
6'A
6%
23%
23%
231%
23%
41
41
41%
411/2
Hosiery Co
1.25
12%
12%
12%
12%
par
*28%
.20
Inc
Monarch Machine Tool—-—No
Monsanto Chemical Co com—
'
$3.25 preferred series A'
.No
$4 preferred series B—___No
Montgomery Ward & Co
No
May 19
May 15
112% Apr
*40%
15%
Minn-Honeywell Regul
3
61% May 17
105% Mar 17
49
41%
22%
pfd-100
Mo-Kan-Texas RR com
7% preferred series A—
122
41%
45%
10
5
29
41%
437/s
100
44
24% Mar 11
*40%
*22%
1
$6.50 preferred
Mission
Corp
12% May
2,900
1
..No par
6% May 17
24% May 17
11
30
12
100%
'
9
83
12
91%
15Vs
Minn
Jan
*82
12
*95
pfd—
119% May 15
72% May 21
11
25%
May
23%
Feb
42% Feb
83
Xll%
95
Petroleum
May 17
103% May 28
16% May 15
2
51%
11% May
32% May
8
Oct
Jan
May
*82
12
.
Minn St
21
Jan
84%
230
91%
82
95
_
com
— —
210
92
*37%
23%
—
92
11%
36%
23%
91
2,500
7,300
50
!
Prod
1st
91
*91%
46%
82
96
5
Steel
cum
92
46
92
29%
23%
'
175
11%
*110%
96
*172%
Minneap- & St Louis Ry_— _No par
2
56% Apr
8%
175
36
81%
22%
*9%
Mid-Continent
May 10
14%
47% May
129% Feb
15%
10% May
6% May
Mar
*172%
.
*
81%
11%
*22%
Miami Copper
19% May 27
69% May
7
46% May 27
*91
23%
50
3.90%
35%
92
23%
*17%
Edison
26%
36'A
91%
23
3%
Metropolitan
175
66
26%
36%
90%
22 %
Mesta Machine Co
104% May 20
*172%
66 Va
26%
'
90%
23%
Merch & Min Transp Co new.No par
Merck & Co Inc common
—1
10
2,500
36%
90%
22%
Inc
■
1,600
26%
36%
„
90%
23 %
preferred
Stores
*,66%
26%
£6
26%
1
46
-21%
pfd (2nd series)
Corp™.
(The) common
15
65%
36%
45%
*22%
*95
2,000
46%
10
100
8,300
18%
45%
—1
series)
18%
18%
46%
No par
—
Co
18%
191/4
99
*94
410
18%
19
*40%
94%
100 Va
18%
99
35V2
No par
.„
2,700
*100
19'A
66%
36%
51%
com—18
780
28%
18%
•46%
39
$ per share
36%
100%
7%
16%
18%
*172% 175
112
$ per share
*35%
44'A May 28
18 % Mar
Nov
39
41%
7%
16 %
28%
*
17%
65 Va
27*
?6%
92
Monday
May 24
*98%
..No par
$3.50 cum preferred!.
Merritt-Chapman & Scott— _No par
12% May
48%
39%
i
May 27
6
45%
112
100
—
.
preferred
May 21
Mar 10
156
*90%
92
46%
May 23
25 % May 15
Feb
Jun
46
Saturday
62
36
Apr
*39
STOCK
90 %
94
29% May
45%
175
100
200
18%
'.*6
LOW
13
Jan
33
*90%
*172%
*110%
10
111% Aug
136%
45
175
8
5,500
11
18 Va
.
65 Va
*
*99%
inn
18
18 Va
Melville Shoe
15
inn
100
18%
Jan
88
Dec
97%
100
18%
17% Feb
83
100
7%
8
9%
23%
7%
161/2
No par
common.
10
7,000
7%
.No par
preference
_
(1st
4,200
28%
*40%
*110 %
pfd
24%
16%
41%
Co__
24%
28%
*40%
Stores
24%
16 Va
.No par
Norris Mfg
Corp
24%
16%
12
Mc-Quay
23% May 25
5,300
28%
91%
preferred
Mead
7%
24%
"
24%
7%
81%
McLellan
12
7
16%
11%
Inc
7Va
28%
91%
Mines
6%
28 %
5
.
Robbins
7 Va
16%
8
81%
&
500
6%
16%
-No par
Porcupine
McKesson
May 28
23%
29
7%
r_l
Co
*23
16 Va
18%
common—
Pub
11
23Va
28 7%
8
No par
com
11%
23%
29
1
:
Corp
*11%
16%
No par
YORK
11%
23%
7%
100
Corp.— _No
2,100
560
9'/a
9%
29
11%
Electric
Mclntyre
24% May 11
Dec
Jan
24%
13%
13%
*510
560
9%
16 %
91%
McGraw-Hill
1
16% May
40%
24%
82 >/a
conv
McGraw
35% May 15
Feb
21%
Jun
24%
100
McCrory Stores
May 15
105%
88%
24%
7
2,300
11%
7%
7%
13%
1,700
23%
*23%
23%
7%
X13%
*510
14
23%
9%
9%
11%
23%
13%
100
14
' 24V4
100
Par
36'/a May 21
100% Apr 14
42% Jan 15
56%
Dec
*11 %
23%
7%
EXCHANGE
44
Dec
30% May
11%
23%
14
14
23%
560
*510
9%
9%
*102%
23%
—5
$ per share
24
87
*11%
*80
NEW
13%
13%
560
11%
24
*90%
cum
Highest
$ per share
13%
*510
10
*11%
Corp
Range since Jan. 1
Lowest
Highest
$ per share
13%
560
X23%
24%
104
14
14
14%
9%
STOCKS
Year 1947
Lowest
$ per share
13%
*510
*102'/a
104
23%
10%
No par
1st
Range for Previous
13%
560
24 %
'
_No par
preferred
McCall
*14
pfd 1947 series- .No par
No par
pfd—
$6
12
*102
14%
24'A
7%
6.25
common
$3
9
41% Jan
cum
24
1
preferred
Maytag
*13%
*510
1
Co
Stores
$3.75 cum
13
12% May 15
43% Jan 21
*
14%
23%
50
102%
14 Va
24
102%
103
14%
23%
Co„
Chemical
Dept
*102
10
preferred
$3.75
May 26
85
Nov
77% Apr
9% Feb
8
14%
7% May
.
26%
'
L)
Electric
Mathieson
37% May 19
4
(Glenn
—.
26
.No par
com
preferred-
4%%
67% May 15
4
27% Feb
& Co
300
26%
Corp
6% prior pfd
Ry
39
140
26%
_
Martin-Parry Corp
Masonite Corp:
97%
25% May 17
20
*38%
*135
Va
Midland
Dec
8
May 20
16% Apr
9
Marine
16'A
6% Feb
39
140
26
Oil'Exploration
Marathon Corp
i
9
May
22% May
18% Mar 18
*38
*135
39
140
25%
Maracaibo
Feb
*135
26
5
Feb
*38%
38%
140
25%
No par
8%
38%
*135
26%
Shirt
27%
38
140
25%
Bros—
19% May
6% May
38
*135
26%
Mahoning Coal RR Co
Manati Sugar Co
23
Jan
A
38%
140
25%
_
May 15
Apr
series
'*135
5
.No par
Co inc com
pfd
33%
100
common
new
Square Garden
Magma Copper
i
Magnavox Co (The)—
26
17
5% Feb
4 % %
10
com
1
Inc
Madison
12
10% May 21
12% May 15
8% Mar 16
Feb
15
525
4
preferred—.
Trucks
Macy (R H)
24% May 20
Apr 23
Dec
7
15% Apr
rorbes
&
6
-5
58%
119
111%
par
58
59%
119
par
*28V2
29
*116%
111%
64%
29
103%
15%
118
66
6
22'A
x41
12%
*28
59%
58
120%
*116
111
*110
103%
52
*102%
15%
15%
119
118
66%
67%
6
6%
119
68
6%
*103%
105
51'A
96
3,400
330
70%
71%
1033/4
103%
100
17,000
2,700
15%
16%
15%
161/4
119%
119'A
119%
II91/2
110
65%
65V2
5,900
6'A
10,300
66
68
6
6 Va
61/2
231/4
22%
23
223/4
233A
22%
23.
41%
401/4
40%
41%
42
41%
41%
1,700
12%
12%
12%
Xll%
11%
12
I2V2
2,900
29
28%
28%
*28
29
*28
28%
59%
59
58%
58%
1201/s
*117
111%
*110%
63%
64%
62%
64%
63%
16%
16%
163A
16%
16%
111
104%
15%
51
*94%
59%
59%
11,600
500
60
8,100
119
300
120
120
120
111%
64%
111%
IIIV2
*111
111%
500
64 3/s
64%
64
64%
14,500
XI Bl/o
)fi%
16 'A
16%
13,100
24%
*24%
119
64% Feb
47%Mar. 16
65
Dec
17%
13
Mar 17
17% May 15
May
% May
27%
Dec
23
Mar 17
9
14%
Nov
11% Jan
23
16% May 26
Motorola Inc—
3
15
15%
15%
16%
15%
16%
15%
163/4
16%
16'A
18,800
May
27%
Oct
16%
16
17
20% Jan
22
29% May 27
28'
28
28
28%
27%
28V4
28
29%
29
28%
3,800
27%
291%
28%
19% May
17% May
14 % May
Motor Products;'Corp_.———No par
Motor Wheel Corp
,
5
Mueller Brass Co
,
—1
22%
22%
22%
22%
22
22%
213/4
21%
23
223/a
22%
23%
23%
23
23%
23
23%
23'A
23%
23%
23%
23%
23%
2,800
^Mullins Mfg. Corp common——_1
28
28'A
27%
28 Va
27%
28'
27%
28%
28
28%
28
28%
13,600
108%
106%
1061/2
*105%
*105'/2
1081/2
*10fi
lon'A
*106
108'A
May
15%
24
102 %
25
27%
27
19% Mar 17
23
16
Feb
19
Mar 17
23% May 22
28% May 21
19
100% Mar 31
108
Jan
10
Nov
11% Feb
16
14% Jan
21
Feb
33% Feb
16
45
Jan
107% Jan
2
Feb
11
107%
Dec
9%
Dec
16%
Dec
13
37%
Jan
44%
Feb
38
56
Jan
50% Jan
,
May 27
40%
112
Pot footnotes see page 24
May 12
23
111
.17
v
May 15
.
Jan
7'
par
Moore-McCormack
Lines———5
Morrell (John) &* Co
(—No par
9-
Oct
'
50%Junf,!
Jan
15%
May
Apr
Feb
May 21
Mar
107% Mar
Apr
10
35
Dec
.
.
-
——
$7 preferred'
Munsingwear Inc
'Murphy Co (G C)
4%%
preferred
No par
;
f
64
16%
17
24%
24%
*106%
26
*24%
*24%
26
108%
26
24%
223A
26
200
1,700
10
__5
13%
13%
14
14
133/4
13%
14%
14'A
13%
133/4
*13%
14
1,300
1
•
common:
42%
42%
42 Va
42%
42
42
42
42%
42%
423/4
*41
42'A
2,900
IIIV2
*111
100
*111
-.v,Murray Corp of America com——10
4% preferred
50
5[, *-Myers <F E) & Bros
iNn imr
*40
f.
*24%
17
-
112
*111
112
*111
311%
*111
112
*111
112
'
Jan
2
42% Jan
16
55% Jan
15%
<51%
15%
40%
.51%
15%
15%
15%
15%
16%
161/a
15%
15%
15,600
*40
41
*40
41
*41
42
*40%
42
40%
4OV2
100
*50%
52%
*50%
52
*50
52
*50%
52
52
100
\
15
15%
*51
20
(2376)
THE
COMMERCIAL
FINANCIAL CHRONICLE
&
Monday, May 31, 1948
RECORD
v
Range for Previous
„
STOCKS
Tear 194?
Lowest
Highest
I per share
Bange since Jan. 1
5
$ per share
Lowest
Monday
K«'-
May 22
I per share
Far
< per share
SALE
Tuesday
May 24
I per share
EXCHANGE
a Highest
J per share
|
LOW AND HIGH
Saturday
STOCK
YORK
NEW
PRICES
Wednesday
May 25
Thursday
May 27
May 26 t>-r.
$ per share
tper share
Friday
Sales far
the Week
May 28
t per share
Shares
f per share
N
14
May
19%
Feb
16
19% May 26
Nash-Kelvinator
19
May
May
29%
Feb
20
Feb
24
27% May 27
Nashville Chatt A St Louis
100
30
Jan
24
Feb
14
29
National Acme Co
_1
21
8ft
Deo
14% Mar.
Jan
7% Feb
27
14
Feb
8% Feb
11
17
17% Mar 22
Mar 18
40% May 28
30% Jan
5
10% May
16%
Feb
11 y8 Feb
24
Jan
34
Dec
29
27
Jan
165
Deo
34%
Feb
187
Jun
10% May 20
41% May 26
26% Feb 20
Jun
26%
164% Feb
Feb
20
25
6% Feb
10
Jan
Feb
28
46% May 28
9% May 20
Oct
11% Feb
13
13% Jan
2
National
Container
17%
Deo
Feb
10% Mar 15
13% Jan
2
National
Cylinder
30% May
14% May
24% Mar 17
31% May 28
National
14% Mar 17
20
18
15%
11
11
Feo
87
37% Feb
Feb
20% May 27
% May 10
Deo
101
Feb
Dec
29% Jan
23
Sep
163% Feb
11
134% Feb
19
«
8%
Deo
28
1%
,
147% Apr
7% Feb
6% Mar 13
Apr
Jan
15% Feb
Jan
11
National
7%
1
Jan
Natl
2
Nov
81% Mar 10
99% May 15
National
Jan
22
25% Jan
National Sugar
88
Mar
100
20% May
12% Deo
5
x22
Feb
12
Feb
11
30%. May 27
Mar 16
Natomas
Nehi
13%
Jun
10% Mar 20
24%
Feb
15% Mar 29
19% Jan
18%
Feb
13% Feb
16
19
26
104
X27% Mar 12
35
Feb
107
July
28% Nov
38
Feb
Deo
11%
Deo
95%
106
Deo
13
22%
Natl
Mar 25
90% Mar
96
Feb
12% Feb
11
Dec
39
Feb
Feb
11
20%
Nov
Feb
11% Mar
Apr
26
Aug
20
Deo
62%
Jan
290
Feb
Mar
200
;
3
19
19%
19%
20%
13%
96 %
36%
36%
174
*171%
174
144
144
142%
7
6%
7
6%
6%
23%
23%
; it
96
23 3/8
it
is
N
Air
Y Chic & St
97%
96 3ft
18
61% Jan
25% Mar 18
28% Jan
243ft
243ft
17% Jan
Jan
10%
14% Mar
Feb
115%
Jan
25
Deo
30%
22%
Feb
79%
3
Jan
24
23%
22
23'ft
23%
22%
23%
90
903ft
903ft
903ft
90 3ft
903ft
*90
90%
90%
903ft
11%
11%
11%
10%
11%
11
X10%
103ft
3,700
17%
173ft
17%
17%
17%
17%
17%
173ft
17%
17%
800
18%
18%
*18%
18%
400
*100'ft
102%
102%
18%
1021ft
17%
*18%
♦102'ft
102%
102'ft
*93%
11%
*94%
iff
59%
100
l
11%
26
*86
11% Jan
13
x21% Jan
14
33
Jun
45%
Deo
Jan
13%
Feb
* per share
$ per share
6,100
41%
42%
41%
413ft
2,400
43
42
421/2
42
42%
41 %
16%
17'ft
17%
16%
Mar 19
60
.
17%
18%
No par
*22%
22%
22%
24
25
25
16%
18%
*52
an
*52
55%
*205
235
10%
*200
10'/2
29%
10%
American
4.6%
54%
16%
47,300
65%
65%
3,500
133%
133%
1,100
30
*27
30
400
*57
61
235
13%
13%
133ft
*57%
62
*200
400
235
13%
13%
39,800
8,500
30%
31%
32%
33 %
35
34%
35
33%
335ft
92%
92%
923ft
923ft
93
93
92%
93
92%
93
18%
18%
18%
18%
18%
18%
18%
18%
18%
18%
100
*83%
84%
84%
84%
*843ft
85%
*843ft
85'ft
*843ft
85%
*843ft
*25.v;
25%
*24%
25'ft
*24%
25
*24'ft
25
25%
253ft
31%
;
1.500
*27
29%
410
3,800
86
50
.
4
33
59%
*27
16%
iq
8c
33
60%
27
12%
*91
10
Tire
33
59%
27
16%
12%
1
100
33
60
27%
i'
313ft
>'
*32
32
61%
32
60%
32%
60%
25
61%
61
613ft
27%
27%
27%
32%
25 3/a
32 ■■■"
900
32
1,100
61
8,000
■
'
25
28
Gas Co
92%
16%
12%
*91
16%
*27
27%
*27
16%
16%
*
16
163ft
12%
12'ft
12%
12%
91
91
92
16%
12%
92%
92
l63ft
12%
12%
*92
92%
60%
*27
16%
12%
*92
273ft
700
163ft
24.400
12%
22,200
92%
70.
32%
32%
32%
32%
32%
33
33
34%
333ft
34%
33%
34%
7,500
26%
.
26%
26%
26 3ft
25%
26%
25%
26 3ft
25
25%
25
253ft
27,700
88%
88
88
88%
88%
87%
88
88 3/a
89
*87
88%
88%
16%
16%
16%
16%
153ft
16
153ft
16 3ft
153/4
16%
153ft
163ft
7,200
26%
Pharmacal
26 %
25%
26%
25%
26
251ft
26
253ft
263ft
25%
26
6,000
39
38%
39
*38%
39
38%
383ft
39
383ft
*38%
Rubbst—__No par
Ce
2.5Q
7
7
*123/4
13
7
12%
7%
7
12%
13
STOCKS
NEW YORK
16%
80
18
*200
12
2,400
18
58
*200
12%
2,900
89
18
235
55'ft
54%
215
11%
11%
61
243ft
18%
Norwalk
Bange since Jsn. 1
Highest
54%
*200
235
66%
134
60'ft
18
30
*27
17%
65
133%
—
243/8
*87
93
*92
cumulative
Lowest
66
96
2.00
Aviation
Natural
65
66
*94%
18%
Norwich
f per share
305ft
18%
Northwestern
Highest
30%
18%
7% May 21
Year 1947
30%
19
Bange for Previous
Lowest
30%
303ft
19
13% May 17
2
Mar
30%
42
303ft
19
8
5
88
*18%
10% Mar 18
33% Jan
60%
25%
88
No par
pref*rr*d_~..25
Telegrapk
50
Feb
18%
6% Deo
12
2
24%
873ft
66%
Adjustment preferred
North American on
27% May 17
40 % Apr 24
81% Jan
25%
87 %
1333ft
$3.75 cumulative preferred
17% Mar 20
Oct
59%
25
65%
90
Feb
Apr
25%
x583ft
87%
133'ft
N Y 8t Harlem RR n**
11,000
26-
134%
common
10
11%
59%
*86
1333ft
Dock
11
300
253ft
87%
30 3ft
65%
11%
96
*94%
134
Northern Pacific Ry
22%
11%
11%
134
Northern States Pwr Co (Minn)—
Cum pfd $3.60 series
No par
Northwest Airlines Ins common—10
102%
95
96
30%.
651/2
50
35
*933ft
134
26% May 24
Deo
*34
59%
26
17
35
95
*94%
3®%
173/8
*34
*93%
96
301%
17%
183/4
104
95
11
11%
*13%
34%
65%
134
North
Aug
19% Aug
11
34
*933ft
43
Northern Central Ry Co.—_..~.50
11
34
933ft
*94%
60
25%
*86
34
11
11%
96
59%
87%
*
30%
com
13% May 10
16% Feb
95
*94%
60
25%
—1
•
34'ft
*93%
11%
>
93%
*33%
96
.
*11
—100
Northern
170
17%
92% May 19
34% May 27
11
700
19,500
233ft
*11%
2
25% Feb
243ft
3,100
82% Mar 10
Nov
13% May
8
24%
IS
2.700
85 hon-cumpreferred——No par
5
33%
6% May
83% Dec
4,300
243ft
1
97
24
New
13
98
23%
97%
24%
15
Norfolk & Western Ry com
Feb
Sep
8,000
97
IS
96%
243ft
22%
30
Nopco Chemical Co
55
30%
1
973ft
*24%
1
96%
24'ft
2,000
15
No par
100
Louis Co
5
Nov
Deo
Deo
U
1
95%
70
22%
29%
No par
5
64%
26
22%
15%
11%
-
Brake
36 % Jan
86% Deo
23
24%
"
16%
22%
4,600
.
303ft
-$Z'.
" C'.T'j"
Noblitt-Sparks Industries
Mar
23
7
91%
23%
pfd—100
25% May 27
20 % Mar
30
6%
96
,*91
Preferred 5% series A
..100
N Y Power 8c Light 3.90% pfd—100
N Y Shipbldg Corp partio stock
1
N Y State Elec 8c Gas Corp—
Jan
7
23
23%
30
144
6%
15%
10
25% Oct
*143
7
30
20
53%
13,200
17%
7
7
preferred series A
N Y City Omnibus Corp
22
140
37%
15%
ll'/a
Apr
87% Jan
143% 144
96%
36%
29%
May 26
2
144
96%
*172%
14%
19% Apr
27
37%
176
23,400
29%
93
14% Feb
*142%
96%
37%
*172%
42,000
14%
35
86% Jan
Sep
96%
37%
174
300
19%
«...
29%
6
Mar
16
142%
11
96'ft
363ft
174
193/4
14%
10
Sep
107
37,200
43
29%
common.
6%
Mar 18
4,500
21%
213ft
*40
par
York
York
42,100
20%
No par
Co
New York Central
4
Deo
8
1
31%
20%
«...
'24
*23%
N Y New Haven & Hart RR Co_100
4
22 3ft
23%
2,700
3r
20%
14%
Corp
Newmont Mining Corp
Newport Industries common
4%% preferred
May 15
*96
37
*171%
*142%
New Jersey Pr&Lt Co 4*
22
96%
36%
36%
13%
31%
203ft
„
172%
8
Jan
255
96%
96'ft
12%
.30%
20 3ft
„
36%
5
10% May
.
1ft
34 'ft
95
84%
23% Nov
33% Deo
183ft
20
1 l'ff
r
172%
*142 y4
13% May 27
Jan
19%
19%
1%
■96%
*33%
May 4
23% Apr 19
25
May 25
58
May 26
6% Mar 29
81
19%
19 %'
•96
18 3ft
20% Feb
100% Aug
42
102 %
Nov
80V5» Deo
22%
42
1834
69% May
19
Jan
21%
42 3ft
*100%
~15%
2~5%
22
42
18%
142
9
49% Jan
213ft
423ft
102 J/4
May 28
18
10
121
22%
*42%
7,200
13,400
293ft
New
Dec
213ft
423ft
13%
8%
13
14%
43% May 18
5
50
22%
12%
8%
123ft
293ft
Newport News Ship 8c Dry Dock
61
11
137
22%
*42%
22 J/4
43
12%
i-7 30'ft
12%
13
46%
45%
14%
31% May 19
22%
18% May
May
11% May
20%
123ft
4;5oo
11,200
30
20% Feb
Meb
30
20%
13,
100
; /■z
14%
90
36
30%
12%
;
9%
30
26% May 21
Feb
>123/4
13%
13
100
243ft
9
1
Vulcanized Fibre Co
83% Mar 23
Oct
12%
29%
20%
12%
175
24 3ft
83ft
203ft
21%
10
20% Mar 10
13
8%
30
*42 ZZ
—25
38
Feb
8 3ft
20%
18%
1
8%
12%
293ft
*100%
May
45%
12%
4%% conv serial preferred— .100
Newberry Co (J J) common
No par
3%% preferred
New England Elec System
20
12% Jan
3
45%
28%
*171
9%
20%
Jan
12
243ft
9%
28%
__1
98% Jan
*24%
9%
453ft
44%
8%
83ft
24 3ft
-V
20%
No par
Feb
46%
80
230
11
10
9
9
Nelsner Bros Inc
24
*24
293ft
171
13%
May 17
May 15
243ft
8% & 9%
44
43%
29%
171
28
No par
ex-dist—No par
com
293ft
173
12%
Co
Feb
26
32% May
12
May
52
Nov
Feb
8%
29
*171
13
—1
Dec
102
Jun
19
87
9
293ft
175
13%
100
100
44%
Deo
17%
Mar
Feb
6
29
433ft
32%
Deo
x87%
100
108 % Jan
35% May
43%
4% % preferred
100
National Tea Co—................10
Dso
98
43%
94
Jan
29%
43%
16
18% May
13% May
105
*24
85% Feb
17%
14,600
29%
9%
Sep
29%
700
29%
25
No par
Supply (The) Pa
14%
40 %
9%
National
2
14%
40%
*24
24% May 21
Jan
15
40
25
5
9,700
2,200
14%
40
•24
1
11%
11%
143ft
40
*171
10
113ft
143/4
39'/a
175
18% Feb
11%
14%
39%
9%
Corp__
IJ.3/4
3,500
14%
No par
Ref Co
103ft
720
1,800
9
39%
*171
Dec
15% May 26
12% Jan 26
11
Steel
11
8%
15
9%
A
B
Power 8c Lt
95
103ft
9%
40
29
pmeritu——_a\o par
common
10
Nat Mai & Stl Cast
11%
9
.
42,200
143/4
173
Lead Co
28%
22
10%
9
•
*38 'ft
41
._10
6%
National Linen Service Corp..
7
2
24% May 14
H Mar 30
11%
15%
9%
29
Products_~-No par
preferred
preferred
74% May
23%
9%
1% •V
conv
21% May
12% May
Jan
83ft
9%
•171
.
te.aO
X174% May 20
Jan
Deo
9%
9%
•
37% May 27
190%
167
6% Jan
27%
11%
Nat Enameling & Stamping—No par
National Gypsum Co com
..
1
96'/a May 19
136
36%
26'ft
27 Mr
lft May 21
25
25% May
165
Deo
Deo
183ft
26%
28
par
No
National Dept Stores
National Distillers Prod
Dec
18%
27 %
100
Oas Co
Oct
Jan
19%
26%
27%
9
Jan
48 %
Xl8%
27%
13
Jan
25 %
19%
26'ft
27%
_.i
23%
Dairy
18%
26
273ft
Co.—....... —i
38
May 21
22% May 21
43% Mar 30
18%
25%
27%
_10
Nat City Lines Inc
20%
Feb 28
18%
25
28%
*39
—4
._
15%
14% May
17% May
15%
preferred--
14%
May
18%
26
28
15'/a
—-5
Bond & Share Corp
National Can- Corp..
Cash Register
May 17
9% May 21
11
33% Feb
7%
18%
26
28
9%:
Inc. ...1
Nat
Feb
Dec
6
Fibres
Corp
National
13%
43%
96
Aviation
9
8% May
26%
Automotive
National
National Battery Co_.
National Biscuit Co common
Mar 25
18%
26 %
28
,
—1
National
171
18%
26%
...»
Corp
National Airlines
10
Mar
33 z May
7% Dec
13
Dee
13 %
5
16 ya
9Va May
21%
Jan
Saturday
May 22
$ per share
I per share
Monday
May 24
120
6 3ft
6%
6%
*6%
6 3ft
1,200
13%
133ft
133ft
13%
13%
900
SALE
PRICES
Wednesday
Tuesday
Thursday
May 26
May 25
f per share
39%
6%
*13%
7
13%
LOW AND HIGH
STOCK
EXCHANGE
*38%
280
May 27
8 per share
6 per share
$ per share
Friday
May 28
Sales for
the Week
1 per share
Shares
O
27
Dee
38
21
18
Jan
27% Feb
111%
Feb
92% Jan
2
35%
91% Deo
Dec
26% Feb
11
14
Dec
16% Apr
22% Feb
Feb
92
Feb
8
Feb
89
Mar 16
Feb
20
Jan
Apr
Dec
22
17% May
Deo
27%
93
107
7% May
86
May
15% Sep
24
May
13%
118
28%
July
33%
Feb
27
163%
Jan
147
28 %
149% Oct
19% May
Feb
84
Aug
93
Jan
68
Nov
80
July
10
Mar
Feb
Jan
10
Mar
18% Jan
11
9
May 27
12% Apr 20
100
2
Jan
'
154
Jan
5
8
23
Jan
Otis
Feb
2
16
Sep
11% Feb
27
19
Feb
Feb
11
15
May 27
62% Feb
11
73
46%
Apr
Oct
34% Feb
13
43%
62%
39%
129%
Jan
168
Feb
7
Feb
4% Feb
10
Oct
41% Feb
11
7% Feb
4% Feb
13
6% Apr
6
62% May 21
5% May 17
8% Feb 27
/
enmmaw
Mo
<
—
00% Nov
25% May
*89% Dec
131
Deo
it
69%
-
14%
13
40%
May
18
15|% Mar 20
30% Mar 17
par
32%
100
Jan
89% Feb 27
134
Feb
July
Jan
2
13 % Mar 16
Jan
55
Nov
46
Feb
5
Deo
109
Mar
92% Jan
12
"
*% Jsn
9%
Feb
May 17
100
Mar 18
21%
63%
100
19%
Sep
3
109
Deo
37
Deo
21
28
97
Jan
-,
2
103
'
,
32%
Jan
18% Feb
11
26%
Jan
34% Feb
10
51
4%
Jan
2
Mar 16
28
43
Mar 16
24% Feb
Dee
8% May
32% Sep
38% May
7
Apr
13% May
10%
63%
-
33% Deo
28% May
7
Fuly
July
11
Feb
96% Dee
14% Feb
15% May
38%
48%
Nov
Feb
16% Oct
.
;
24%
Feb
■***
'
11
6% Mar 16
Feb
9
30% May
38% Feb
11% Feb
15% Feb
24
6
27
13
11
3%
2
13% May 24
13% May 20
37
Jan
7
49
&
33%
17%
*17%
17%
200
333ft
*107%
34%
22,000
1073ft
810
9%
17,000
108
9
10%
9%
96%
953ft
96
23%
*22%
23
333ft
333ft
96%
34%
33%
34
*150
153
153%
*150
140
e
|
13,900
153%
19%
19%
19%
*19%
20 3/a
873ft
87%
8734
873ft
*86
87%
40
66%
65%
66%
65%
67
.64
653ft
6,300
15 3ft
123/4
68
15%
663ft
65%
15%
13
69
40%
40
203ft
*20
66
40%
20
533/4
52%
40
96%
141%
lo
57%
5%
59
5%
57
5%
96%
♦139
5%
59
53/4.
4%
•
42
353/i
35%
s
523/4
Si
T
53%
.53%
533ft
20%
X38%
39%
96%
96
961/4
95%
96%
'139
141%
*139%
*39%
39%
58
5%
39%
5
6
"18
6
58
53/4
6
58%
56
5%
41
20
35%
141%
39%
96
5%
40%
39%
53%
.5%
143/4
69
35%
53%
5%
15
70%
20
*139
15
14%
69%
20%
98
15
13%
68
40%
35%
140
*14%
15
13%
67
353/4
35%
39%
*14%
13%
67
*13%
-353ft
40
19%
15
15
14
*67
56
5%
58
5%
i?%
42
*20
500
15%
700
.15
1.230
70%
1,300
43%
980
20%
400
35%
35%
533/8
533ft
6,700
4,300 I
371/4
38
96
3,500
96%
*140
141%
5%
6
551/4
56
5%
5%
<
470
.
/*
:
20?
13,400
4,200
122,900
| ft
;
:x- f-
11
11%
20
20%
60%
61%
*98
99
10%
10%
19%
61%
*98
10%
27
*26
*102%
10
26%
105
103
11%
10%
19%'
62%
193/4
1
613/4
10%
11
*61
62
61
*98
99
98%
9% <10
9%
;.va 9%
10'ft
27%
103 '
26%
27%
•102%
V
27%
27
25%
253/8
25%
25%
25%
503/4
503/4
50
50
50
3'ft
3%
313/4
31%
29%
<
3%
31%
293/4
29%
9%
9%'
9%
3%
3
30%
9%
29 3ft
9%
13%
i
13
133/4
12
32
32
32
31%
48%
483/4
47%
483/4
13%
13%
13%
19% May 25
Penn-Dixie
13%
1 Q
1Q]/.
...
3
30 3/4
31%
29%
291/4
'/
*29
9%
9%
12%
32
-
>
12%.
X32
20
62
-
98%
>10
11
19%
62%
633ft
8,300
98
98
9%
28
27
105
*103
273/4
105
26 3ft
25%
50
3
'•'•■
30%
29%
29%
9%
60,000
800
3
30%
9%
4,700
4,900
i" iA
9
1,100
9%
2,000
12%
11%
12
11%
11%
32
31%
32
31%.
32
2,200
48%
48%
48%
49
10,400
14%
14%
14
14%
19%
19%
48
*13%
48%
48
48%
133/4
14
14
19%
19%
Xl9% -19%
i
*18%
r,:
10
26%
50
29%
y
3,100
50%
31
9%
60
15,800
26%
3
800
9%
50%
50
"
24,700
*103
25% Z 26%
49%
.
10%
19%
27
105
*103
105
25%
49%
!m!
10%
*19%
*19
62%
10 %
-
:
20
*98
«
10%
10%
193/4
99
99 Z
Fenn Coal 8c Coke
y
*
20%
Penney (J C) Co
-
*150%
152
♦150
30,200
*22%
23
700
250
393ft
87%
133ft
yy
32%
33%
33%
100%
*19%
32
;
10 3ft
97'ft
32%
152
May 28
15% Jan
2
y■■ vy
10
96%
*22'/a
39
*86
Patino Mines 8c Enter
Cement
103/4
23
99%
343ft
33%
1073ft
98
*22%
*33
87%
Penick
'
■
*150
23
53%
Co
Ford.
32%
333ft
1073/a
10%
11%
98
*17%
32%
98
103ft
98
*22%
17%
39%
106%
33
106%
100
39
20%
No pafr
Parker Rust Proof Co
Parmelee Transportation.
8c
32%
140
Packard Motor Car
*17
106%
33%
*99%
39%
66
39%
Davis
17%
17%
33
107
*96
Pacific Tin Consolidated Corp.
Pacific Western Oil Corp—
Parke
18
17%
32%
107
33%
33%
100
*86
39%
Pacific Telep & Teleg
6% preferred
.
May 18
38%
*203ft
*20
-
—No par
Pan American Airways Corp.
Corp
1%
Apr 24 ;i Pan-American Petrol 8c Transp—0
c
May 28
Panhandle East Pips L eom_No par
May 17
4% preferred,.
May 21 s Panhandle Prod 8c Beffaifag
i
Parafflne Cos Inc com (new) .No
May 27
par
4%
May 14
convertible preferred—100
Paramount Pictures
May 27
May 21
Park & Tilford Inc
May 17
Park Utah Consolidated
33% Jan
30
20
.
,
6% Feb
*98%
39%
33
66%
153ft
._v,
„
Apr 15
147
98%
38%
33
20%
12%
Corp
Jan
98%
39%
87%
*67
i
15
54
*32%
98%
39
*193/4
2nd preferred non-cum
No par
Pacific Finance Corp of Calif
10
40
152
66%
Pacific Gas 8c Electric
47% Mar 16
32%
333ft
98%
32%
*86
8
30
23
*150
-2.50
36% Jan
Feb
13
preferred
98
*22%
43% May 28
20% May 19
>
Jan
Feb
1st
■11%
98
iff
11% May 21
Jan
1063ft
11
preferred A—100
Pacific Amer Fisheries
Pacific Coast Co
13
18
323ft
1063/4
Owens-Illinois Glass Ce.
15% May 17
11
Oct
39%
32
convertible
Elevator
100
*17%
preferred
Outboard Marine 8s Mfg.
Outlet Co
27
73% Jan
39
6%
5
89
80
*33% Deo
i
8%
33%
*98
Oppenheim Collins
29
83
Jan 17
'56% Mar 19
-100
Neper
4%% convertible
Omnibus Corp (T
22% May 17
34% May 15
26
*32%
preferred.
Oil Co
Oklahoma Gas &
Oliver Corp
34% May 28
May
24
V
4,40%
Ohio
17
9% May
Jan
W
.
Ohio Edison Co
108
25
Mar 17
18
34
Apr 24
100% Apr
3
39% May 28
19
6,200
3,000
.
2,500
#
Volume 167
THE COMMERCIAL' • &
Number 4703
YORK
NEW
Tear 1947
29:
I per share
18
Apr
29
117
Jan
110
Dec
22
Jan
-
■
Feb 18
;
Apr
34% May
18% Feb
11
Dec
26%
Feb
16% Feb
27
May
51%
Jan
41
Feb
20
48
111
Dec
118%
Sep
103
Feb
19
120
45%
Dec
55 %
Nov
34
81 Yt
Jun
101 %
Feb
6
22
May
22%
23
Dec
Feb
10% Feb
15% Mar 19
27
Jan
37
Dec
18
Oct
14% Feb
Jan
47
Feb
40% Feb
13
Feb
5
62 %
Apr
48%
Dec
59
Mar
50
7
5
20% May 24% Jan
.
.
?
;
Pet Milk
*111%
31%
111%
19%
18%
19
$ perthare
34
111%
111%
19
18%
19
*31
34
*111%
18%
19
$ per thare
'
''
21%
21%
22%
21%
21%
21%
21%
46%
*45%
46%
46%
46%
46%
47
116%
116%
117
♦116
116%
*115
116%
115
*34%
36
34%
34%
*34%
36
*96
97%
96
96
*95
97
*94%
100
*17
17%
♦16
19
19%
4%%
64
May 15
57% May 15
55
May 19
Dec
109%
Aug
95% Mar
Dec
27%
Jan
21% Feb
26
24
23%
Dec
29%
Jan
22% Jan
26
25% Jan
1
19
21%
21%
*17%
17%
18%
18%
19
46%
~10%
120% Aug
109% Aug
19
19%
18%
19 %
18
28%
28 %
28%
28%
29
B
100
—8
104% May 15
May 20
Petroleum Corp of America
*103
118%
118
*116%
36%
36%
*34%
97%
96
96
*94
96
*17
18%
16%
16%
17%
18%
16%
17
28%
28%
28%
*102%
103%
103%
103 %
*102%
103%
♦101%
102%
102%
14%
14%
14%
14%
14%
14%
14%
14'%
14 Va
14
18%
18%
18%
X61 %
18%
18%
18%
18%
18%
18%
18%
61%
62%
104%
23%
23%
23%
*23%
24%
23%
24%
110%
110%
62%
62%
62%
63
55%
55%
55 %
55%
55%
54%
54%
55
55 i:
$1 preference common
2
No par
100
104
Jan
21
112% May 28
4.4%
Jan
28
101% May 28
3.8%
100'
*99%
102
14
108
4.3%
100
1
107
107%
19%
20%
19%
3
38
38%
37%
May 27
16%
Oct
14
Jan
19
20% May 22
Phlla
Nov
28
Jan
22
39% May 21
Philco
90
85
Dec
25
Dec
Jan
25 % Mar 16
88
Dec
109
Feb
87
85
Dec
101
Mar
21
Apr
43
Dec
81
Jan
93
8
Jan
0
83% Mar 17
7
34% Jan
5
Plllsbury Mills Inc common——25
103% Jan
8
26
46% Apr
87% Jan
22
90
54% Jan
21
12
10
23
Feb
5
50% Mar
12
Jun
18
30%
Apr
99%
Dec
96%
Dec
96%
Dec
10
May
16%
Oct
88
Dec
18%
Jan
32%
Dec
26
16
Dec
16
Dec
12% Feb
11
165
Aug
169
Aug
145
Jan
26
155
163%
Nov
203
Jan
157
Feb
16
167
32%
Apr
42%
Feb
34
Feb
20
May 19
9
39% Jan
May
10%
Nov
8
Feb
13
10
15
Dec
140
Oct
7
38% July
108
102
8% May
114
Apr
59 %
67
Feb
May
Mar
93%
Feb
30% Feb 25
98% Apr
1
74% May 15
11% Feb
11
62%
1
104
104
62%
62%
55%
56%
55
55%
5,600
12,800
54%
54%
54%
54%
650
*104
105
*102%
*102%
104
23%
23%
X23
23%
23%
\23%
24%
24
23%
24%
84% May 12
Mar 16
10% Feb
140
*
Jan
11
27
Oct
73% Feb 28
13
Jan
145
Jan
9
157
46
38%
Oct
28% Jan 22
14%
Jan
9% May 10
38
Dec
33
Jan
0
35%
Oct
29% Feb
14
Dec
25% May
7
23
10% Apr
70% May
39 % May
2
4
3
91%
*89%
91%
*89%
91%
*89%
91
71%
72
70%
72
70%
16
*13%
16
*13%
33%
14%
34
101%
*106
14%
14%
*90
34%
34
70%
*13%
16
34%
34%
71%
16
34%
45%
44
90
90
90
71%
71
16
24%
34%
102
102
102
102
*102
102%
110
*106
110
*106
110
*106
110
14
14%
14%
91
91
91
92%
92%
35%
34%
35
34%
35
20
19%
19%
19%
19%
14%
14%
14%
*92%
03%
35
35%
20
*19%
34%
34%
14%
92%
92%
50
34%
35'A
16,400
19%
600
*155
160
*155
160
*155
160
*155
160
*155
160
166
166
166
166
♦166
169
*166
169
*166
169
38
38
39
38
9%
37%
18'
18
37%
9%
9%
33
10
9%
18
*155
37%
10
18
17
13
9%
17%
38%
10
18%
*155
*155
*155
38
92%
92%
92
92%
*91%
92%
*80%
82
80%
80%
79%
80
*80
80%
*22%
22%
22%
22%
22'%
22%
22
22%
*153
159
42
43
*153
159
159
*153
90%
90%
250
80
80
21%
21%
21%
18%
159
17%
*155
91%
*80
21%
159
*153
15%
41%
42%
41
41%
41%
43%
42%
43%
43
43%
9%
9%
10
10
9%
93/4
*9%
10
*9%
10
61'A
64%
61%
63%
57%
62
59%
613/4
61
62%
60%
39
38%
38%
39
39
39
39 %
*38V2
38%
13
16% May 20
Poor ft
15^4
15%
15%
15%
15%
15%
15%
13% Mar 24
Potomac
10
13%
13%
13%
13%
13%
13
131/4
13%
131/4
231/4
Feb
8 Va Feb
27
11% May 18 '
Pressed Steel car Co Inc com—_i
11 Va
11%
11 Va
11%
10%
11%
10%
10%
10%
10%
93/4
30% Apr
62% Feb
16
35% May 21
71% Jan
9
Procter ft Gamble
27
28% May 25
Publicker Industries Inc
Feb
Jan
8
18
Feb
Mar 11
4% %
34%
34%
33 %
331/4
331/2
331%
*32%
33%
*32%
67%
67%
67%
67%
67 3/»
67%
68%
67%
08%
63%
33%
63%
27
26%
27%
261/4
28%
27%
27%
20%
27%
261/4
26%
—No par
*91%
93
*91%
X913/4
38
37%
.38 %
23%
23%
23%
15
38% May 17
Public
Feb
6
24% May 15
x90
Feb
11
98
102
Feb
6
111
111% Feb
10
124% Apr
20
141% Apr
20
26%
Pub Serv Corp of N J com__No par
127
Jan
111
Aug
120% July
130
Aug
146% July
110%
Jun
114%
51% May
21% May
106% Oct
61%
Feb
29%
Dec
— —
Feb
11
22% Apr
Feb
X127
2
109% Mar
5
28
1
Apr
40 Va Mar 17
X25y8 Feb
5
109%
Jan
101% Feb
13
Dec
36%
Feb
X25
Feb
11
Mar
24%
Dec
x21% Feb 25
24
Apr
20
Apr 21
Apr
29
111% Jan
2
30% May 15
53
Jan
42
May 18
5
107% Mar 24
31
Jan
5
25% May 25
$4.75
Co
of
Colorado
$5
preferred—
preferred
preferred
8%
preferred
20
38
R
23%
No par
95% : 95%
95 %
109%
109%
109 %
109V4
100
122%r?122%
122 Va
122%
100
Pub Serv El A Gas com
Preferred
Pure
5%
pfd
i
*23%
(The)
24%
111
111
138
f perthare
383/4
38%
23%
23%
95
94V2
•••
r* '121'%
f
'
95Va
95%
95
109
109%
103%
1213%
121%
1223/4
121% 1221/4
*1373/4
24V4
110%
138%
*23%
♦110§§
24%
113
1-38
*23
138%
"
X110
*29%
24'/4
110
29%
137
15,200
95%
109
121%
110%
c23
24V4
110%
95%
109
138 V2
•*137Va
138%
*23%
95»A
109%
121%
109
—
-180
5,200
23%
109
™
138
*23%
1093
880
.
'
V
1,020
290
650
24%
109%
j
460
29%
29%
29%
*291/4
29%
29%
29%
29%
29%
50%
49%
50%
4933
49%
X48%
493/a
49
49%
48%
49V4
13,300
39
39%
38%
38%
37%
38%
39%
38%
40
38%
39
43,100
107%
29%
100
*106%
No par
*30%
Quaker State Oil Refining Corp_16
24%
106%
*106%
30%
30%
301/2
30%
24%
24%
25
25
25%
$ per share
107
303/4
♦24%
May 24
t per share
AND
HIGH
Tuesday
May 25
Monday
May 22
Par
*106%
106%
Saturday
EXCHANGE
107
38
31
LOW
NEW YORK STOCK
Lowest
38%
233/a
93
49%
preferred
Range since Jan. 1
Highest
Highest
93
38%
23%
110%
STOCKS
Year 1947
92%
38%
23%
19,800
No par
No par
common
Puritv Bakeries Corp
conv
*•
92%
38%
23%
400
5,000
,
No par
w
Inc
Oil
i'38%
133%
i__No par
No par
dividend
$1.40
Pullman
w
$5
92Va
38%
23%
96'%
100
7%
913/4
38
*91%
93
6%
Range for Previous
I per share
preferred
cum
Service
14,000
20,300
34%
20
26
3,000
133/o
34%
81
Apr
1,400
16 «/4
*67%
com
32% Jan
94
500
10,200
10
No par
5
preferred series A—50
conv
9,200
391/2
15%
28
15%
13%
15%
12% Jan
Nov
70
700
159
*152
12% Feb
Feb
Lowest
38%
9%
9%
9%
*38%
No par
*153
17%
92%
80%
17%
*155
93
93
~20
12,400
10,000
5,500
9%
9%
Oct
43
5,300
*19%
Nov
32%
280
14%
166
63%
Co
1,400
110
160
1
Power
60
13,900
102 Va
102
*106
38
5
Electric
7,
•
15
*13%
*164
Pond Creek Pocahontas
Co class B
20
200
72%
*13%
102
14%
200
90
71
14,900
.7.
44
*155
Plymouth Oil Co—
Feb
I per share
*44
9%
Jan
20
46
5
—
25 Va
24%
*44
33%
1
Plough Inc
38 Va
Dec
46
*89%
convertible preferred—No par
102%
Dec
*44
110
Dec
90 *
46
102
30% May
19% Dec
111
*44
38%
71%
May
15% May
102% Dec
45
16
57
85%
88
29%
19%
May
33%
*85 "■
15 %
11% May
12% Dec
9
;s8
Pittston Co (The)
Feb
Sep
21
Apr
19% May
*85
Apr
15
10
86%
5.7C0
98
86%
May 17
71% Mar
17% May
*96%
19%
Sep
9
29%
100
29%
*44
102
300
...
90
30
*96
90
28%
88
*106
*88%
:
38
89%
-■«'
19%
37%
96%
*88%
*86%
_100
19%
37%
30
34%
Dec
*88%
20
90
20%
84%
x37%
96%
35%
18% May 20
19%
38%
29%
92%
May 18
94% May 14
82% May 10
19%
37%
*88%
33
157
19%
38 %
97
*20
2
20
29%
*91
Jan
19
37
*95%
1
14
160
27,700
20%
29%
Pittsburgh Forgings Co
1
Pitts Ft Wayne ft Chic Ry com—10o
7%
gtd preferred
—.—100
Pittsburgh Plate Glass Co
—10
Pittsburgh Screw ft Bolt
No par
Pittsburgh Steel Co com
No par
7% preferred class B
—100
5 % preferred class A—
100
5%% 1st ser conv prior pfd__100
Pittsburgh ft West Virginia
100
Pittsburgh Young ft Ash pfd_—100
Apr
108%
38 %
89%
20% May 11
$5
101%
■- 108"
108
88
No par
Pitts Consolidation Coal Co...
112%
*107%
♦107 "108
96
Pitts Coke ft Chem Co com_.No par
20%
200
preferred—
112%
5101%
*100%
*86%
71%
220
111%
101%
101
108
86%
*14
2,200
'
111%
111%
*100%
*107
111%.
5.500
V
*100%
111
100%
101%
60
104
22%
96
*88
29%
100
86%
'24
111
! 3,200
56%
29%
90
29%
*95%
.24'
4,700
:
,
54%
23%
23%
23%
V8
62%
107%
100%
*107
14% May 22
92% May 26
35% May 22
Jan
May
$4
111%
*88%
^
Pitts C C A St Louis RR_
10% May
171
common
14% May
13
July
63% July
Feb
Corp
*110%
3%% preferred series A
loo
Philip Morris A Co Ltd common
8
4% preferred
—100
3.60 series preferred—
100
Phillips Jones Corp com
No par
5%
cumulative preferred
100
Phillips Petroleum—
No par
Pboenlx Hosiery
5
Jan
30% May 20
96% May 26
87% Jan
2
Jan
36
preferred
preferred—
preferred
ii:
A Reading Coal A Iron
110
102%
55%
55
104
2,4oo
54%
55
54%
Apr
83% Apr
>
63%
23%
35%
98% Mar
4oo
86.900
28%
14%
*103%
Jan
43%
:4
~
18%
330
.300
v 200
-
29%
,
1.900
/,
27%
103%
14%
common—NO par
Electric Co
Phlia
May
21
66,200
;v
'vV
118
18% .18%
Brewing Co
No par
Pfizer (Chas) ft Co Ihc
1
Phelps-Dodge Corp—
25
Philadelphia Co 6% preferred
50
$6 preferred
No par
91
104
12,800
20%
46%
x46% V47
17
19%
105
Dec
!'■
20%
v
10-:
111%
'
Dec
Shartt
I perthare
110%
35
35
28%
*28
Pfeiffer
97%
95
thsWesk
'
33 %o
preferred
May 19
21%
111%
'
34
111%
18%
21%
May 28
,<
M
*110%
•also for
Friday
Thursday
May 27
*31
111%
*45%
No par
Co common
■
May 26
t per share
*31
31%
*111%
rRICKS
Wednesday
May 25
$ per share
34
111%
SALE
HIGH
AND
Tuesday
5
100
Pepsi-Cola Co
6
May 15
• perthare
"31
com_No par
Peoples Drug Stores Inc
Peoples G L & Cokb (Chic)
Peoria ft Eastern Ry Co
14% May 21
20% May 15
11
Dec
May
46%
6
104
2
36 Ve
22
•
May 24
•
Apr 26
9% Feb 11
12
Apr
f
30% Jan
May 12
100
8% May
Jun
13%
22
98
4
34 % July
34
May
Apr
45% Jan
May 20
86% Feb 17
May 22
preferred
100
Penn Power ft Light Co
No par
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—10
3%% conv series A pfd
100
22% May 24
38
15%
Monday
'
5%
15
Glass Sand Corp
Fenn
14
-
19 % Apr
a
Saturday
>
-
21
(2377)
-
RECORD
LOW
STOCK
EXCHANGE
Par
7.
Jan
112
8
NEW YORK
V--V
-
f perthare
tperthare '
36-
Deo
Sep
<
Range since Jan. 1
Highest
Lowest
Highest
I per thare
*107
STOCK
STOCKS
Range for Previous
Lowest
FINANCIAL CHRONICLE
I per share
t per thare
303/4
25
1,700
106%
106 %
30%
30%
*301/4
30%
1,100
*24%
24%
24%
24 %
1,300
*106%
107
300
SALE PRICES
Wednesday
May 26
t per thare
Thursday
May 27
Friday
I per share
Sale* for
the Week
May 28
tper share
Shares
12%
R
7% May
10%
Feb
68%
Dec
80%
Feb
63% Feb
11
75% May 27
8%
Dec
15%
Jan
7% Feb
27
11% May 19
94%
Dec
105 Va Mar
28% May
17% May
32%
7% Feb 20
91
Mar 31
13 % May 18
45
Real Silk Hosiery common
Dec
22% Feb 20
33 % May 27
38%
Dec
34'A May 15
32
Feb
31
Jan
28
35
22% July
48% July
16% Feb
20
36% Feb
24
33
39
July
18% Feb
31
108% Mar
101
„
NOV
9% May
96
Oct
11
28
28% Mar 11
16% May
Dec
37
Jan
Feb
May
16%
Feb
May 17
Feb
16
23% May 14
' Apr 27
38 %■ May 27
10% Feb
24
15 Va May 27
Jan
11% Feb
21
105
11
18
Feb
25
May 21
4%
1%
'
12%
Dec
14%
Nov
20% May
10% Dec
29%
Feb
10% Apr 23
22% Mar 31
17%
Feb
10% Feb
62
84%
Feb
62% May 10
Dec
12%
Dec
17
Aug
96
Nov
102
Jan
24% Jan
33%
Oct
4% May
3% Dec
9%
11
Mar 17
X95% Mar
Jan
27
5
x22% Mar 10
6% Feb
10
87% Feb
25%
Feb
20y« Mar 16
13% Jan
18%
Dec
15% Jan
23% May
h
Feb
Apr
31
Feb
22
104
.
'
18
26
Sep
8
May 15
11% May 26
2
41% Jan
Jan
8
93% Jan
20
50
24% May 15
29% May 22
Mar
9
9
7Va May 21
5
10% May 21
14
18
Dec
20%
Nov
t 19%
Sep
24%
Oct
17.
68%
Oct
54% Jan
42% May
17% Deo
26% Feb
15% Mar
14
8
Mar 16
22
-Apr 23
34%
34%
21%
21
21%
21%
42%.
42%
*40%
36%
37
37
*37
38%
15 Va
14%
14%
25
26
i May 26
May 21
22% May 15
convertible
Reynolds Spring
*103%
109
17 Va
17%
16
16%
16%
16%
16%
17
12%
12%
12%
12 V8
12 Va
12%
12%
12 V4
12%
25
25
25%
25%
*24%
*24
13%
13%
13%
13%
13%
>103%
109
*103%
109
14 Va
*103%
38%
38%
38%
14%
15
15 Va
109
3.60%
109
17%
5,700
5
20%
*93
25
300
13%
13%
13%
700
*64
65 Va
64
64
*63
64
64
64
70
15
65 Va
2434
*13%
14%
15
15,600
I
15 Va
15 %
15 Va
14%
15 Va
14%
15
97 %
*96%
97 %
*96%
97 Va
96%
96%
26%
26%
26%
26%
26%
26%
27
27%
27%
12%
11%
12Va
11%
11%
11%
12%-
11%
12 Va
5
4%
4
4%
«
•
-
20 Va
7%
7%
7%
7%
28 Va
28 Va
27%
102
102%
7%
27%
104
7%
203/4
92%
7%
28
28
*103
104
4%.
*10%
29%
'106
20%
*91
4%
26%
26%
4,6C0
11%
I2V4
20,100
6,200
4%
4%
11%
111/4
11'/4
700
30 Va
28%
29%
36,500
107%
21%
92%
*106
20%
7%
71/2
7%
28V4
*2734
103
108 Va
21
*91
27%
103
100
103
900
6,600
92%
•
60
7%
20,600
28%
'
2,000
220
103
11
11
llVa
103/4
ll'A
10%
11%
11%
11%
10%
111/4
39 Va
37%
38%
37 Va
37%
363/4
37V8
36 24
37%
36%
37
14,100
48%
*46 v»
48%
46%
48V4
*47
48%
48
48
*47
43
220
921/4
*91%
92V4
92
923/4
93V2
*92
*46%
*91%
*91%
921/4
24
24
X23%
24
23V4
23%
22%
28%
293/a
x28
29
26%
27%
27Va
*24.1/4
24%
243/4
25
*24
25
24%
24%
7
6%
7
6%
*92%
93%
22%
23
23V4
22%
23
283/a
28 Va
28%
27%
28%
*25V4
253/4
*251/4
6%
6%
63/4
6 Va
26
6%
6,200
300
2,200
47,300
400
9.4C0
Rupperfc (Jacob)—
63/4
6%
6%
Co__ 1
lOVa
101/4
10%
10y4
9%
lO'/a
9%
25
preferred:
18% Jan
103
.
20%
*91
43/4
971/4
103/4
1
Controls
Royal Typewriter—.
102%
92%
107
.
*96
39
10
100
series
102
20%
*91
28%
100
25
*96%
7%
1
;
*24%
15%
,
700
24%
13%
25
97%
15
26%
*64
12'/4
13%
27%
preferred
Ronson Art Metal Wks Inc
Co
65%
*96%
Oil
Robertshaw-Fulton
Ruberoid
800
13%
2.50
27% May 27
72 s: May 28
6
*64
lo
conv
38%
*14
300
14%
*12
109
*37
100
38%
16%
12%
43
>103%
17%
Corp
No par
Rltter Company_No par
Roan Antelope Copper Mines
4% %
3,600
17%
14 Va
14%
No par
com
Manufacturing Co
Richfield
700
21%
*103%
100
(R J) Tob class B
Preferred
34%
21%
*41
*14%
1
Common
Rheem
*34 Va
50c
Rexall Drug Lie—
Reynolds Metals Co
5%%
42
330
Co—
ft
preferred
Reynolds
34%
21%
*34%
$1.25
5%%
34%
21%
*41
50
93
5% Mar
10 % Mar
34%
42
*34 %
34 Va
22
42
21
19% Feb
5%
21%
91
6% Feb
7
34%
*41
20 3/4
5
Dec
22%
43
20%
19
104% Jan
19
34 '/a
22
94
Apr
Mar 19
6
34 %
*74'/a
*41
1071/2
22
May
5,300
1071/2
29% Apr
46
33%
107V2
27
Dec
33
107%
20
50%
33 Va
107%
5% Feb
May
33%
*106%
19% Feb
i
333/a
32%
11%
Feb
45
32 Va
29%
107%
11%
85
31%
4%
39Jan
11
32%
28%
Dec
23
31%
*10%
Jun
7% Feb
32
4%
96
92
3,700
32
10%
21% May 15
35% Apr
32%
29%
17
Feb
98
32
10%
10
Feb
97%
33 Va
28%
6%
Jan
97%
33
UV4
15% Feb
16%
97%
33
X33
291/2
82% Feb
44 Va
96%
33%
11
5% May 20
19%
124
96%
33
98
29V4
107 % May 24
-
97 Va
33%
29%
5
May
*96%
33%
11%
Jan
9
May
36% May
*96%
34
29%
30% May 21
90
97
33%
11%
11% May 21
11
1
18,600
97
$1 convertible preferred
10
Republic Steel Corp com
...No par
6% conv prior pfd series A—100
Revere Copper ft Brass com—No par
11
Apr
10 Va
12
8% Feb
110
68,000
1,500
10
Republic Aviation Corp
1
Republic Pictures common—50e
22% Feb
Dec
76
10%
Reo Motors Inc—
Feb
May
75%
10
8
Feb
14
75%
10%
7
15% May 21
98
Feb
91
75%
10 Va
13% May
4
8%
103
12%
75
10%
29% Jan
64 V2 May
15%
113% May
24% Feb
12%
75
10 Va
8
25% May 21
137/a May 24
30%
8% Mar -4
13
75
10%
Apr
7
Dec
9%
12%
75
10%
dlv prior preference
10
Reliable Stores Corp
No par
Reliance Mfg Co common
5
Conv pfd 3%% series
IOO
Remington-Rand common
—50c
$4.50 preferred
—25
14% Jan
22% May
101% Dec
"■5
(Robt)
13 Va
75
10%
100
preferred
Reeves Bros Inc
Reis
12%
12%
75%
8
2nd preferred
non-cum
13
13%
10%
of America com_.No par
$3.50 conv 1st preferred—No par
Radio-Kelth-Orpheum
1
Ralston Purina Co 3%% pfd
_100
Raybe3tos Manhattan—
No par
Rayonler Inc common
1
$2 preferred
25
Reading Co common
_5Q
4% non-com 1st preferred—..
50
98
41
12%
12%
75
Radio Corp
*25%
26
253/4
253/4
25'/a
25%
25Va
25%
25%
253/a
2
21%
22
213/4
22
21%
21%
21%
21%
21%
213/4
x21 Va
21%
2,500
26»/2
26%
27 3/a
26%
26%
9,400
(The)_
73
71
71%
72
72
_.
251/4
25%
72
71Vt
71V4
*70%
15%
*14%
15'/4
143/4
143/4
143/4
15
58
58%
57%
58%
57%
573/4
57%
58V4
12%
13
12 Va
12%
12%
48%
473/4
48%
X45%
*70%
71%
*703/4
153/a
153/4
14%
58
58V4
123/B
12%
B
•
10
24%
25%
26
9%
253/a
1
.No par
.___
10
25 Vi
9%
25
10
25
15,200
1,300
80G
*14%
15'A
2,400
57
57%
i
40
if* s
Jun
55%
Jan
39% Feb
24
60
5% May
18
May
12%
Jan
8% Feb
11
13% May 14
37%
Dec
32% Feb
11
For footnotes
see
page 24.
May 17
48% May 15
:
' '
St Joseph Lead
St L-San F Ry Co com v t
Preferred series A 5%
10
No par
vtc
100
c
48 y8
48%
48%
123/4
12%
12%
12%
12%
6,400
24,800
46
45
45%
44%
443/4
12.500
THE
(2378)
22
YORK
NEW
Range for Previous
since Jan. 1
I per share
$ per share
9 per share.
Dec
'
x20
108
Jan
Dec
58
Jan
29
12
Oct
'8
Feb
13
98% July
26 % July
79
Feb
18
91% May 20
21% Jan
2
114% Mat
108
7% May
23 % May
40%
Dec
;
17% Mar 19.
Jan
112% Jan
5r
8% Feb 10
25% Mar
5
39% Mar 10
55%
49%
Jan
51
Sep
90% Feb
27
95
Jan
88% Feb
13
90
Dec
13%
Nov
18%
83%
Dec
12% May 19
35% May 21
9
Jan
13% Feb
13
93% Apr
7
15% May 19
98 % Mar
81 % Feb
20
87
11% May
39% May
24%
Feb
13% Feb
11
55
Feb
44
19
17%
Dec
19%
Nov
15% Feb 10
19
Mar
43 %
Dec
35% Feb
10%
Feb
59% May 6
7% May 21
42% May 18
23
5% May
30% May
11
6%
Dec
16%
10% May
20%
Apr
Mar 25
94
Dec
26% Feb
30
Feb
:
78
14% Dec
21%
Feb
12% Mar 16,
15% Jan
11%
22
Feb
12
24 y4 May
35%
Dec
6% May
9%
Feb
28% Feb 11
5% Mar 17
13% May 19,
43% May 21
4
Apr
27% May
'4% Feb
27% Feb
14
35% Mar 13
44
18%
Dec
15
117%
Deq
92 % Feb
5.
Feb 11
10
23
Oct
39%
Oct
Jun
,
30% Mar 17
102%
May
>
87-
18
28
99% May 11
~~3%
May
5%
Feb
3% Jan
Oct
8%
Jan
5% Mar
4
Nov
Apr
Jan
54%
6% May 12
A May 12
39
Feb 17.
1/64 May 13
12 % Mar 11
36% Mar 17
,
50%
*93
94V2
*93
94%
*92%
93%
*92%
93'/a
15%:
*15%
15%
22%
21%
87%
22%
*86
20%
*57%
58%
is %
*57%
*7%
—1
■
39
—15
;
1
Corp of America
King Coalition Mines
6%
6%
34%
40
No par
28
27
27%
26%
27%
155%
149%
22%
'
..15
_
Sloss-Sheffield Steel & Iron—
27%
151% 155:
22%
22%
(A O)
20
Corp (new)—
—10
South Amer Gold
Common
& G
"when
pfd_100
'
Feb
20% Feb
Southern
Natural
50%
Dec
43% Feb
50%
Jan
33% Feb
11
26% May 24
60
May 17
48% May 15
77
Feb
58 % Feb
20
69% May 15
81
Aug
70
20%
MarlO
15
Feb
4
Jan
5% Mar 16
73
Dec
93%
Jan
23%
Sep
31% July
24% Oct
16% May
8
May
68%
17%
90%
Dec
Feb
13% May
18%
27
Nov
45% Jan
99
Nov
23%
112%
Dec
83
Dec
17% May
81
May
89
May
50% Mar
63
36%
Feb
63
July
44% July
6% May 21
8% May 27
26
Jan
73
7
20% Feb
30
May 17
14
61% Mar 17
74
May 15
May 14
15% Feb
22
16,"
3
May
98% Mar
Feb
11
98% Feb
27
109% Feb
2
11
27
32% May 21
17
49
Feb
38
Feb
11
37
May
47
Oct
37
Feb
12
May
18
Jan
11% Mar
49
Jan
.Apr 15*
15% May 21"
Dec
104% Mar
30% Nov
36%
13% May
14% May
19%
Oct
Feb
24%
Oct
19% Jun
10% May
21% Jan
16
25% Feb
17
May
10% May
105
July
51
Dec
7%
39
96
12% Feb
109%
Apr
75% Mar
125
Oct
11
13% Feb 27
2
Jan
8
Mar
29
Studebaker Corp
11% Jan
4
65
113% Jan 31
12%
Sep
9% Feb
45%
Jan
34% Mar
9% Mar
117% Jan
2
13% Mar
1
160
Oct
Dec
140
11
Mar
1
Class A
6
1
Mar 12
43% Jan
14
May 25
X30% Feb 25
16% Jan
19
367/sJan
27
Jan
8
27%
Jan
28%
Feb
20%
Dec
18%
Dec
79%
Dec
104% Mar
5% May
10%
14
May 25
22
17% Feb 27
25% May 28
80% Apr
88
Feb
21
4% Mar 12
May 20
7% May 18
10
14
May
3% May
13% May
53% Sep
10%
Jan
■
Range since Jan. 1
Highest
$ per share
7%
15,600
^
rA
1/64
rl/128
14 y8
14%
43%
*401/2
15
43%
Talcott Inc
64% May 21
Texas Co
25% May
52 y4 Feb
14
17% Feb 27
14%
14%
43%
43
*39
29%
29%
29%
29%
2,100
26%
251%
25%
25
25%
X25%
25%
25
25V.1
3,900
59%
x58
59
57%
53%
13,300
46 Vr
47'%
46%
467/a
46%
47
46%
47%
14,700
69%
69'%
69'/2
69
69'/4
68%
68%
1,800
73
*71%
72 %
20%
20%
58%
58%
59%
59Va
72%
*72
»72
72%
20
20%
59
73
*72
73
*72
20%
20%
20%
20%
I,900
29%
29%
29%
28%
29%
29
29%
29
29'%
29
29%
7,100
13 %
13
13%
12%
131/4
12%
12%
12%
13
12%
12%
13,700
73
73
73
73
*69 y2
*69%
72
72
*69!'2
320
*72„
*22'%
73%
731%
73
.71 y4
70%
22%
'22%
22%
22%
22%
21%
221/4,'
22
22%
22 -O
,22%
4,600
25%
25%
25 y4
25%
25%
25%
25%
25%
25%
25%
24%
25'/4
4,000
101%
101%
101 %
IOI1/2
27%
1 *101 '
,
..
v.
101%
101 %
*ioiy8
26%
26%
26%
26%
26%
*90%
91%
*90%
91%
90%
24%
25%
25%
25%
26
97
97.
97
97
-*106% 107
105%
271%
*90'%
25 7%
*95
27i/4
90%
.
24%
*101% 102%
28
*102
*105%
70%
120
103
28%
28%
28%
*90'%
92
911%
*90%
91%
25%
24%
25%
97
97
105% 106
106%
X71
1.300
1
96
96%
103
106
105%
100
25
13,900
97
24%
*95
107
20,100
500
106%
1,100
"70%
70%
70%
70%
70 %
70%
70'%
70%
70%
70%
70%
70%
14.900
48%
25
48%
47%
48%
47%
48%
48
48'/4
47%
48%
47%
48%
18,900
25
80%
80%
10
31%
31%
31%
30%
31%
31%
31%
100
*95%
96%
*95%
96%
*95%
96%
*95%
96%
*95%
96%
96%
96 %
200
14%
14%
14%
14%
14i/4
14%
14%
15%
15
15%
14%
14%
13,100
42%
*41%
42y*.
41%
*40%
*40
41
40%
40%
42%
41%
421/4
40
41%
41
*41
4iy2
*40%
*15%
15%
14% "15%
15
i5y4
36%
37 Va
37%
37
37%
96%
*95
1
»
50
*41%
No par
40
*15
S
80%
'15%
37
37
*95
96
80%
80%
31
96
35%
34%
35%
5
15%
ig
16
16 Va
■
,
36%
*95
96
35%
*.
80%
30
31%
15
.
15
36%
■
15%
16%
16%
16%
16
16%
9,100
16'/t
17
16 V2
16%
18%
19
15%
15%
15%
27%
28
27%
27%
11
17 »/4
17%
161/4
19
*18%
19
18%
19
600
15%
15%
16%
Xl5 Va
15%
14%
15
15,100
27
27%
27%
287%
28%
10%
16%
*18%
10%
11
10%
10%
10%
99
98
98
98%
98%
*98%
*98%
64
62%
63 y2
63
63%
63%
63%
63%
65
*116%
117 y4
117%
*116%
117'/4
116%
100
15%
15%
15%
14%
15%
14%
38
38%
37%
38%
38%
39%
11%
11%
11%
10%
11%
*10%
25%
25%
229
•
19
19
*42
42%
143/4
*14
34%
16 %
34%
24%
24%
16%
*87
88
7
7
1
25
.
227
19%
*42
*14
34%
24%
25%
227
11
15%
39%
70,500
4,600
10%
10%
4,500
25
25
5,100
*222
225
600
19
1,900
25
25'A
225
25%
225
19%
42%
43
43
43
14
*14
42%
X42%
14%
14
14
14
34%
34%
34%
-
14
14
35
35
16%
16'/a
24%
25
*87
88
6%
7
15%
39%
10%
19
42%
16%
15%
40y2
19
42%
88
30
18%
19
24%
118
224
18%
16%
6%
25
6%
16'/4
16%
16%
25%
6%
'
*18%
34%
34%
16%
251%
*87
88
6%
X34%
25%
*
24%
*87
30
2,900
*116%
116%
65
222%
19%
24
*87
25%
5,800
100
65
225
*223
10%
*98'%
54,600
40
15%
38
11%
*225
28%
10%
10%
7,800
Xl0%
15%
38
•
15%
16%
28%
100
*63
*116%
10%
29
*98
-
200
6,600
16
19
*116% 117%
II,600
96%
35
16%
—100
37
*95%
96%'
34%
19
10%
1,100
1,300
36%
37%
42
15
35
15%
<
100
42
15
15'/4
*951/2
96%'
18,400
34%
19
(The) ..4.16%
41 y4
35,100
31%
34%
15%
10
*41%
81%
81
31
34%
17%
.
8i%
35i/a
*18%
___1
81%
81'/a
34%
1
17%
80%
15%
rg
—20
common
6%
16%
25
88
88
6%
43
700
14%
>
700
34V8
4,200
16%
14,800
25%
14,800
88
20
6%
6%
5,100
LOW AND HIGH SALE PRICES
,
.9
5
__5
25
Sub
45% Feb
5
65% May 24
Texas &
Pacific
Mar 11
20% May 24
24
May 23
Textron
Ins
Thatcher Glass Mfg Co common
9
•
<39
13
48% May 13
461/4 Jan
300
29%
25%
26
29%
29%
10
38% May 3
12% Apr 15
3,400
40
29%
1,500
(James)
conv
42%
39 '/2
29%
28%
Feb
$1.25
42%
43
39 %
30
72
29
8
43
39%
29%
-30%
*28
58%
14% Jan
43
*39
4,000
*69%
34% Dec
*9% Apr 28
43
391/2
14%
72
15% Jan
21% Feb
43%
14%
15
28%
41
Dec
14%
28 %
Texas Pacific Coal & Oil—
Texas Pacific Land Trust-
Dec
14%
*69%
56% May 12
12%
14%
*
37% Feb 10
41
200
27,100
72
47% Dec
11
—
44
*42
28%
Producing
17% Mar 27
—
__
44
44
28 y8
Sulphur.
19% pec
—
44%
28%
Gulf
18% Dec
„
*41
28
Corp
(The)
share
44
28%
Gulf
Feb
v
28%
Telautograph Corp..
Tennessee
l'tf
*41%
39%
*39
39%
l'a"
43
1
,
_JNo par
10
1
—100
common
9 per share
*11%
12%
5-
5
Monday
Tuesday
May 24
May 25
I per share
9 per share
*11%
4%
♦11%
12%
5
5
19
64
12%
5
19%
63 V4
64%
19%
64%
23
19%
23%
191/4
19%
64'
64%
23%
24%
23%
23%
63%
63%
64
53
50%
45%
62%
62%
63
52%
53%
501/2
45'
45%
*44%
63
65
19%
23
Thursday
Wednesday
May 26
♦11%
4%.
11%
12%
*5
4%
19
63%
64
23%
19%
19%
the Week
May 28
I per share
9 per share
Sales for
Friday
May 27
I per share
11%
11%
5i/s
*4%
19%
19%
Shares
11%
200:
•>
5
I'
800
•>
19%
2,300
63%
64%
S3 %
64
25,500
24
23%
23%
23%
23%
10,100
x63
63%
63%
64
63%
64%
5,700.1
52%
52
54%
51%
54%
52
52%
30,100 '
43%
44%
43%
44
41%
44
40%
42%
-I0,300(i
r
*62%
63%
i
,
,•
'
i %
ctfs—
Ry Co
Saturday
May 23
—50c
preferred—No par
65%
64%
64%
641/4
65
64
64
20%
651%
20;:
20%
18%
20%
17%
19
18%
19%
18%
18%
'1,900 '
37,300
24
23%
24
22%
23
22
2,300 t:
11%
11%
11%
10%
11%
10%
41
40
40%
40
40
*39%
15%
*14%
:s-.
22
22%
21%
22%
11%
10%
11%
10%
10%
40
39%
40
39
39'/r
•;
22
.
i'-'
12
May
9% May
45
Dec
59%
Feb
17%
Feb
13% Feb
60%
Feb
8
Mar 16
6% Aug
16% Jan
14% Feb
40% May 11
7% Feb 19
24%
Oct
19
10
16%
Feb
38 ;
85
Sep
May
Dec
59%
106
Jan
Mar
.
$2.40
corev
preference——Np
15% May 21
The Fair
10% May 15
Thermoid Co common—
$2% div conv preferred
47% Jan
9
13% Apr
19
Apr 30
23% Jan
2
Thomas Steel Co
8% May 10
IO1/2 Jan
8
Thompson
(J
59% May 26
Thompson
Products
39% Feb
85
Feb
11
6
95
May 17
Third Avenue Transit
4%
par
*15
50
*46
(The)
1
'
com
r._!
111
♦40%
;__no par
1
Corp__No par
R)
preferred
5
15
No par
100
16
10'
-10%
*14%
16
•
45%
45%
11%
11%
11%
22%
22
22
21%
9%
*9
'
*9
s3A
57
57%
571/4
95
"93%
931/4
•
57%
*93;
>
*14%
15%
46
11%
11%
21%
"
10
*44%
V 9%
*44
v
46%
9%
10%
46%
221/4
'•91 '
57
9%
11%
11%
*93(4
*15%
,
10
571/4
94
10
9%*
15%
*14%
9%
10
...
9%
46
45
45
11%
11
11
10%
21%
22 %
22%
23
*9%
9%
*9%
10
;
10%
67 V*
*93
59%
X58%
59%
94
x94
94
v
22%
see
page 24.
3,200
/
.00 i
•
23
10
y
'350,;
15%
*44
,
/rtis"'
6,100,
-
2,900
10
v
'
4,500 Z
200
58%
58%
94
95
:t
p 2,600
^
—
For footnotes
•
35,900
1/64
41
-
72
Par
11% May 21
Dec
7
28%
Texas
15%
7
*69%
Texas
Dec
6%
*28%
8
64% May 28
13%
6%
10,500
$ per share
5% May 17
19% May 27
Feb
6%
6%
li
Jan
6%
8%
EXCHANGE
9% Mar 16
'-Y \1'
6%
6%
47
'•
6%
8','2
NEW YORK STOCK
3% Feb 11
14% Mar 16
Deo
6%
%
Symington Gould Corp
Feb
24
9,700
6
58% NOV
46% May
21% Jan
7,000
7 »/4
;
8%
Sylvanla Elec Prod Inc com__No par
$4 preferred.
No par
Jan
7%
20% Aug
68% July
4%
7
101
68%
Swift International Ltd
Lowest
Highest
9 per share
4%
7
STOCKS
Year 1947
9 per share
4%
6%
47
25
Range for Previous
Lowest
101%
4%
7
6%
Swift & Co
Oct
100%
4%
7
8%
No par
cum)
Sutherland Paper Co
Sweets Co of America
Jan
100%
4%
6%
8 »/4
(The)
..No par
Superior Oil of California
25
Superior Steel Corp
50
38
21%
101%
4%
6%
69
1
Feb
37%
100%
4%
7%
6%
10c
14
Jan
4,100
100%
4%
6%
46%
12.50
47
14%
101
101%
4%
8
Sunshine Mining Co_
24% Feb
30% Jun
100%
7
6
Sunshine Biscuits Inc
May
6
64,800
8%
No par
pfd (4 % %
May
19% May 15
700
20%
61%
(The)
13
11
25%
20%
No par
36
Mar
25%
20%
68%
Superheater Co
May 24
25'%
20%
8%
Sunray Oil Corp
227
*24%
20%
59
No. par
common
25% May 27
25
20%
5%
Chemical Corp common
1
$4.50 series A preferred
No par
Sun Oil Co
24%
20%
69%
Sun
15% May 24
40% May 27 '
11% Mar 31
11
18% Feb
7 :
May 27
24%
20%
8%
———.100
Stokley-Van Camp Inc
6% prior preferred;.
98% May 25
24
21'%
No par
Stone & Webster/
Mar 17
20
241%
20%
6%
common
Jan
50% Mar 19
87%
46
l
preferred—...
20
May 27
87%
20%
(J p) & Co Inc
Stewart-Warner Corp
18
Jan
24%
3%%
88
6%
Stevens
16% May 26
32% May
8% May
17% May
101% Jan
Sterling Drug Inc
3
16 % Mar 16
9
2
39
1
preferred
(The) I. S
6
Mar
11% Jan
94
Jan
May 24
36% May 21
16% May 26
9
33
*8%
Sterchl Bros Stores Inc
10
11,400
3&%
88
88%
6,400
34%
38
•
1,500
23%
33%
33%
331/4
2,100
149
23%
23
22'/2
600
121,200
20%
convertible
Starrett Co
Mar
23%
*148
150
150
6,000
26%
26%
8%
Spring ^common
15 % May 21
Feb
149
271/4
6%
California__N0 par
6
27
26%
;
41
20%
Oil of Ohio common
Steel
26%
33%
*40
6%
preferred series A
Standard
4%
of
16
32% Mar 12
17
3%%
25%
x33%
40'/a
*8%
No, par
43% May 11
41% May 26
88
15% Feb
May
114
Feb
:
4,800
6%
34%
40
•
2
$6 prior preferred
$7 prior preferred..—.
97
Feb
6%
6%
6 Va
34%
35
40%
*87
5,800
1
com
Standard
69% Feb
88'%
No par
Inc
Standard
91
*87
19,400
6%
20%
Standard Oil of Indiana
Standard Oil of New Jersey
24% Feb
Jan
881/2
42%.
6%
—5
71% May 15
July
80
105
6%
100
41%
42%
6%
No par
preferred
Oil
6%
*72
No par
36% Feb
48% May 22
82% Apr 23
41%
I
common
54% Jan 27
13
14
58%
1
-
preferred
cum
*13%
* 45%
Standard G & E Co $4 pref—No par
2
97% Feb
$4
$3.50
1,900
14
No par
preferred
(E R) '& Sons
Standard Brands
.
14%
*69%
oar
100
Square D Coiuu,
Squibb
29
19% Feb 27
11% Feb 10
Dec
Jan
86
2
11
,
2
28% May 27
90% May 25
27% May 15
Feb
ConV $4.56
24% May 17
29% Jan
104
9
22% Mar
82
.
*24
-
14%
"
xl4%
6%
6%
*25%
Railway common—No par
preferred
—100
-
2
20
17% Feb
88
5"
7% Mar 16
10% May
41 % Jun
34
Jan
29% Jan
24%
43 %
non-cum
Spalding (A G) & Bros Inc
Sparks Withington
Spear <fe Co common
$5.50
preferred
Spencer Kellogg & Sons
Sperry Corp (The)..:
Spiegel Inc common
.
*87%
21.
*38
—.No
100
14%
33
*29%
Mobile & Ohio stock tr ctfs
6
31% Aug
Jan
Dec
Jan
125
Mar
23%
Jan
Aug
114% Feb
37% May
94
Feb
37%
102
Feb
23% Mar 18
Feb
Feb
71
5%
4,100
79%
14%
38%
>.7.50
Co..
Southern Pacific Co.
Southern
20% May 20
Feb
7%
Gas
4,500
26%
7
31%
25
Edison.
39%
26
*76
42
37%
41
'
38%
79%
40%
32%
88%
11,400
39%
*13%
22%
30
34%
33%
34%
2,400
16,400
101
26%
14%.
38
25
——
22%
13%
*99 %
38%
14
149
8%
13%
*8'/a
8%
13%
26
76
*40%-
152
2,500
*76
39
6%
28,100
11%
*7
101
33%
26%
31%
r3a
28%
preferred
34%
37%
34 %
41%
11%
p
13%
*99%
26%
145'a
500
40%
7%
,
8%
13%
101
37%
rl/64
July
8%
.
7%
41%
12
*7
8 Va
13
*991%
33
-
50
Southeastern Greyhound Lines.—_5
,
7%
37%
6%
1
_—
7%
32%
100% 100%
4%
4%
1
:
rights
1,800
37
20%
issued"—4.50
rights
preferred
Preferred
53%
37%
*24
Co cora_4.50
Common
5%
53%
33%
*87%
—_15
& Platinum—
South Carolina E
'
22%
54%
33 ".
cumulative-preferred—_100
Smith & Corona Typewriter—No par
Socony Vacuum Oil Co Inc
Solvay American Corp 4%
22%
X54%
37
3%%
,
152%
55
6%
6%
1
2,400
54%
7
40
California
14%
6%
34%
South Porto Rico Sugar com—No par
May
7
6%
Southern
May
42%
6'%
40
30 % May 15
4% May
41%
42%
G%
34%
43% May 24
42% Jan 15
6
43%
43%
1,400
19
*13%
6%
Mar,17
15
13
39%
9
Jan
13
34%
Skelly Oil Co.—
,
33a May 12
16% Jan
8
73
13
Sinclair Oil Corp
26
Mar 23
14%
6%
58%
18%
*75%
6%
%► Mar 16
NOV
14%
77
40%
37
68
14%
37%
26%
35 %
25
11
14%
37%
25%
*76
35
Jan
/
77
42%
*
5
Jan
Apr
25%
*40
,
—
Dec
May
39%
No par
Co
56
28
38%
77
*12%
Y
58%
18 y4
58%
18%
34%
25%
8,400
58%
18 y8
8
39
2,500
87%
58%
41
35
34%
15%
18%
11%
8
15%
*86
67%
22V2
12
13%
93%
20%
41
100%
*92%
22%
11%
25 %
14%
14%
*12%' -13
..._1
~
33
94%"
*93
21%
40%
78
25%
*76
,,
11%
100%
101
*86
-
2,400
51
51
51
50%
40%
*7%
8
35%
No par
-55%
*7.S'^ 7,%
40%
11%
13%
35
34%
57% May
12%
34%
42%
34%
*7%
*
34%
Dec
'
8%
,12(4:212%
1
Pen Co
(W A)
,
*100
Nov
27
*18
.
15%
15%
87%
54%
101%
27
.
•
,
23
*100'
40 y8
22
15%
87%
22%
No par
3#a May 14
„
15%
*86
No par
Union Oil——
Silver
May 17
Jan
15%
87%
: 227/8
,50
•
11%
22%
'
-
X50%
94%
93%
11%
14% May
37% May
«
50%
*93 V
93%
50%
11%
7% May 28
45
50%
Simonds Saw &; Steel—
25% May 28
21% May'21
7% Apr
31,400
11%
Simmons
8
28% May 21
155% May 24
5
32%
7%
Shell
101% May 24
24
5%
32%'
41%
Apr 19
,
33%
*7%
90
11
32%
40%
Smith
14% Feb
33%
*92%,
15%
*86;/
Smith (A) & Sons Carpet Co com__20
Jan
33%
56
May 28
Dec
34%
55%
23% May 14
35%
33%
93%
5
490
5,600
34%
*92%
.
6,900
34 %
56
39
17%
20%
109%
12%
56
34% May 28
13% Mar
20%
109%
12%
-No par
Feb 11
Jan 13;
19% Feb
5
20%
109%
12%
57%
18%
Apr i3.
29% May
V 87% Dec
>•' 23% Dec
42
Jan
20%
109%
12%
7%
Sheraton
5
36
Feb
20%
109%
12%
41%
Sheaffer
7% May 18,
May 15
Jan
51
Mar
15
2
,
41
Apr
65
4
Apr 21
7% Jan
May
39
14
•
6% Feb
ft
20%
94%
22%
90
90
90%
160
109%
'
*86
No par
No, par
26% May
25.
90%
60
109,700
13%
20%
20%
*93
..Ndpar
11
68
90
50
90
320
97
13 %
12%
18
$3.50 conv pref series A
Shattuck (Frank G)
17% Feb
Feb
13%
12%
57
Sharon Steel Corp..
Sharpe & Dohme common
Oct
Jan
82
94
13%
12 %
18
39% May 15
40%
33%
93
13%
12%
58
Shamrock Oil & Oas—
92
12%
12%
18
$4.50 preferred
*94
92
.Shares
139%
109%, 105%.
£
21 %
109%
*57
Servel Inc common..
135
*92%
*15%
——8
.
135
Sales for
the Week
t per share
134
13%
*88 Va
90
20%
109
129%
.
May 28
$ per share
*93 .,%94%
Seiberling Rubber Co'—...1
Dec
.
90
•
•'
124%
•
Friday '
Thursday
May 27
,,
93%
12%
12 %
*7%
,
May
Mar
12 %
it
8 per $n,are>
323
*91
93 %
<91
41 %
Beagrave Oorp
,
31
18
Dec
92%
122%
1
35% May 24
11.
S per share
;:123
Seeger Refrigerator Co
70
Feb
*121
PRICES
Wednesday
May 86
May 25
.
$ per share
...
123
SALE
HIGH
AND
y-Pp: Tuesday
'
'
24% May
Feb
LOW
Y
Monday
May 24
Sears Roebuck 6s Co—.-.—No par
,
Monday, May 31, 1948
RECORD!
100
Seaboard Oil Co of Del
8% May 15
11.
CHRONICLE
•
12 "
12%
*90
91
*
20%
21
*109
109%
*
12%
12%
34%
34%
*50%
50%
t c—No par
preferred aeries A
5%
16
Jan
com v
Seaboard Finance Co
13% May 27
104
26
*91
non-cura
Seaboard Air Line
May 28
12% Jan
9% Mar 16
Jan
30%
5
10% Apr 29:
5% Mar 17
Feb
110
,
Apr 12
23% May 21
58% May 27
11
31% Feb
Feb
16%
Dec
Feb
'5
40% July
16% Feb
Oct
101
.
preferred
100
common—-—5
1st pfd 4.40% series A
—100
Safeway Stores common
—5
5% preferred
100
Savage Arms Corp
—5
Schenley Distillers Corp
1.75
Scott Paper Co common
No, par
$3.40 cum preferred
—No par
Scovill Mfg Co 3.65% cum pfd—100
Bcranton Elec Co (The) common—5
3.35% cumulative preferred
100
May 27
103%
102 % July
■•••
Jan
9 Per share
*120
8t Regis Paper Co
15
Feb
Par
Co—100
5%
'
May 22
St Louis Southwestern Ry.
95% May 12
11%
Dec
92
,
•,
Saturday
'
/s
w„..
139% May 28
2.
;
EXCHANGE
13% May 27
Dec
80
6*7
Dec
-
Dec
60 %
Dec
9
68%
Jun
;
57
STOCK
STOCK
NEW YORK
Highest.
$ per share
Dec
66
/■
-Lowest
Highest
FINANCIAL
STOCKS
*.v>
Year 1947
Lowest
&
COMMERCIAL
*
50
r-d
-
Volume
167
Number 4703
THE
'
COMMERCIAL
&
NEW: YORK
■
1
'•
Year 1947
Lowest
May
May
18
Range since Jan. %
Lowest
9 per share
3% May
20
:r>;
Highest
^
9 per share
STOCKSV£
$ per share
v
7%
Feb
39%
Feb
19% Mar 16
29
25%
Oct
19% Feb
4% Jan
6
~May"
Dec
108%
Feb
15% May
21%
Feb
17
Mar 17
23 7/8
53%
Oct
44
Mar 16
55
15%
Jan
10% Feb
22y8
Jan
16
20%
Nov
15% Jan
22
23% Apr
7% Feb
5% Feb
11
'if',-.
,
preferred!
$3.50 cum
Tide Water Associated
107a May 15
13 % May
14
May,
8%.May
99
Dec
12%
21%
112%
95% Jan
Feb
103
2
27
May 21
97% Mar
6ft
'
Nov
12% Mar 16
Dec
38%
Jan
19
Jan
23
48
Jan
33
Feb
16
36% Jan
Dec
104
Jun
7
Dec
16
Feb
5% Mar
30
Nov
51%
Feb
24% Apr 19
9% Mar 16
9% May
17'A
92
Oct
Jan
27
99
4
$6
1948—---i———
Axle—
Detroit
Roller
-—5
31V*
M05A
'■
$ per share
SALE
Tuesday
May 25
$ per share
v
Thursday
May 27
Corp
No par
preferred-,.
No
$4.50 prior preferred
No
Twin City Rap Transit com—No
May 19
8% May 27
32% Jan 21
&%
5
prior preferred
conv
Twin
Coach
par
23
3%
»26y8
31%
* 105 ft
__
—
'3%
30%
*105A
.
i
3%
3%
: 3%
3%
*26%
27%
*26%
27%
30 %
30'A
29%
29%
*105
—
ft
29
*105,7*
—
105 A
;
__
102%
102%
23%
23%
23>/8
23%
23
23%
23%
54%
23%
54
237/8
1,700
31,700
23%
54%
53%
54
53%
53%
53%
54
13
53%
54
13
13
17%
9%
17%
17%
*20%
10 %
9%
102
*
16%
"
*35%
25
*98
*101%
17%
25Ve
13%
1*102'A
103
12%
102%
13
12%
12%
17'A
17%
17%
17%
17
17%
16%
X21%
21%
21%
21%
*20%
21%
10
9%
102%
9%
103
9%
104
12%
10
10
104
*103
13
103
17%
17%
17%
17%'
24%
24%
24%
25%
36
'•
10%
3,200
18,700
12%
9%
'%
104
36
xl7
16 3
17%
24%
25%
*36
37
36
36%
*99
105
*98
100%
8
8
'
29'A
29%
30
30
31%
13%
13%
13%
13%
30%
-
7%
307/«
30%
8%
31
13 %
:
8%
13%
13%
13%
15,700
24%
*98
8%
140
17
4
*36
100%
8%
700
27,300
103%
24%
7%
7%
7,600
.
10
*102
*98 'A
98
7%
13%
12%
.
17%
37
120
15,600
V
17%
21%
25%
98
*102% 103 %
*20%
18
21%
17%
*35%
100 %
29%
103
24%
37
7%
par
103
21%
102
1
:
-
102%
23%
*21
—50
Shares
3%
27%
29 %
-
3%
*26%
27'/a
29
for
the Week
I per share
102%
•
par
CO—-———
3%
27>A
30'/a
Sales
Friday
May
per share
13
com—No par
conv
3%
*26»A
31'A
I
23 '/a
No par
20th Century Fox Film
$1.50
1
3%
28J/2
I per share
102%
,
5
common
(2379)
PRICES
Wednesday
May 26 i I
54 %
.
.
—2
Corp
*3%
*27*
Bearing-——No par
preferred
Truax-Traer
5
14% Jan
;l:
Transue & Williams Steel——No par
17% May 24
25% Mar 31
34% Aug
1
Tri-Continental
27
15%
HIGH
AND
May 24
S per share
No par
Oil com—.10
Transcont'l & Western Air Inc
11
104% Jan
Par.
>f,
tTransamerica Corp
22% Mar 11
2
Monday
.May 23
-
preterred.———-No par
Timken
7
Dec
93
$3.75
Timken
May 27
May 21
13% Jan
».
,
Thompson-Starrett Co com—No par
May 15
40% May
10 '/a May
<
v
Called July
04
LOW
Saturday
:
'
_
:
i
,
31% May 24
13
.
•
-
STOCK
YORK
EXCHANGE
■
9per share
1% Mar 11
NEW
»
Highest
r-■
CHRONICLE
1 STOCK | RECORD
—■
Range for Previous
FINANCIAL
37%
14,300
:
•/
1,000
105
100
8%
*30
3,000
31
1,010
13%
13%
7,700
•3,400
U
12
Dec
15% July
43% May
9% May
58%
Jan
25% May
37%
9% Apr
Feb
15%
Oct
45
30
,
Mar 16
97/a Mar 16
27% Feb
Dec
91%
115
Dec
85
Mar
106%
Dec
11
104
Jun
27
Dec
20
Apr
Apr
164%
Nov
111
30
May
102
25%
Dec
90
190
Dec
Dec.
Sep
6
16
Jan
6
90 % Mar 22
22
28%
Jun
3(f
Dec
27% Feb
26%
Jan
Jan
22
11% Mar 16
3'/a
33%
Dec
50
8'A
Dec
2%
4%
Feb
3
65%
53% Mar
Dec
10%
Dec
95•
Mar
8
Jan
Feb
Jan
Jan
13
26
61% Mar 17
16% Feb
13
21
48
10
19%
15% May
91
23%
Dec
106
27
Oct
16% Feb
Jan
89
Dec
Feb
15% Feb
11
92% Feb
11
170% Feb
6
196% Mar
1087/a
$3>70
$3.50
96%
*94
897/a
*8J ft-
32%
32%
187
185
1867/2
185'A
187 7/4
X185 7/a
187%
105
105
non-cum
preferred——100
104%
104%
104%
105
38%
38 3/4
391/4
40%
40 3/4
41
40 3/4
41%
293A
30'/a
30
30%
30
30%
30
30'/2
109%
1097/a
'109'/2
18%
18%
17%
Air
Lines
92
Dec
40%
13
14
103% July
Dec
127%
Jan
Dec
87
38% May
Feb
Feb
1257/g Mar 19
51% July
41% Jan
Dec
81
Feb
66'A Jan
61% May
80
Dec
67
133
Dec
Mar
23
Feb
17% Feb
Dec
38
150
NOV
Xl7%
48%
Feb
38
5
Jan
8 Vb
Jan
12%
Feb
Dec
5%
10%
Dec
52
May
16
22
4% May
20
11%
Dec
163%
23%
Dec
Jan
21 %
21
21
1,700
15 7/a
147/2
14%
6,800
34'/a
*32%
34%
347/4
34%
34%
*33
35
1,400
x33'A'
33'A
4%
4>/a
4%
4%
4'/2
4%
43/8
4J/2
*%
51%
51%
*51 %
527/4
51 >/4
517/4
51%
52 »A
*52'A
192
140% Jan
11
29
Jan
12% May 26
98
3% Mar 17
30
Feb
Feb
4
Dec
19
Mar
150
Dec
29%
Feb
01%
Feb
8%
US Smelting Ref & Min
7% preferred
US Steel Corp common
7%
U S Tobacco
Feb
30
25
26 >A
43%
43%
43%
43»/2
44
6,700
44
44V2
44'/a
44%
44
44
567/8
55%
56%
2,200
557/2
56
557/4
55%
557/8
221%
227/a
23
54 3A '56%
23
23
x227/4
22%
22%
22%
22%
223/4
203A
20%
4,500
20%;
183A
20%
19%
21%
20%
21'/a
21
21'A
77,300
31
307/4
307/s
297/4
30%
29%
317/4
31
31%
30%
31
10,100
*987%
99
98 7/a
98'A
99
24
24
24
23'A
*98
997/2
*23%
109
*98
24
237/2
109
*178
16%
*73
109
*178
182
"167/4
15%
*73
76
40
30
,3m
20
20%
40
7%
10
39%
*9
99'/a
98%
98%
23%
227%
109J/2
106%
23%
1097/a
182
*178
16
40%
7%
9%
.29%
20 Vb
*9
6
77/r*
.29%'
29% s
/-• 19'A « 19%
24
9%
*9:
9%
567/a
551/2
55%
567%
56%
36%
*55%
57%
*92 ;
36%
92%
37>A
92%
*91'/a
93
92
92
47'/4
47>/a
47%
48
477A
48%
*129
50
367/4
132
577/8
50
128
;
12
4
*95
129
*126
567/4
57
57
69>A
78%
69'A
69
80%
78%
139%
138%
139%
138'/a
138%
18%
19
xl8%
42
*40'/2
42
12
11%
*94
117/8
12
98
12%
12
'
5%
*30
98%
*94
*94
20%
20%
170
170
5%
5'%
32
5%
*30
20%
32
21
170
*168
21
'
:
18'A
7%
■21%
173
*168
12
98%
5%
*94
32
*30
18 »A
7%
22%
173
15'/8
15
15%
14%
14%
14%
15%
70
*69
69%
69%
69'/a
69%
69
69
LOW
Saturday
Monday
May 24
I per share
May 23
I per share
AND
HIGH
Tuesday >
May 25
9 per share
SALE
67/s
12%
5%
*30
6%
7%
23
168
18%
18%
100
2,000
12%
*93
5%
8,300-
,
6
12
96
500
3,200
42
6
12%
6,300
42,300
139
*40'A
6'A
5
18%
57%
138
18%
42
7%
15%
79%
19%
7%
203/4
69
78%
43%
6'/a
800
69
19
6%
327
57%
♦42
6'A
30
6,600
69
19%
6%
9,200
93'A
126
80%
133%
43'A
6%
37
47
573A
19
9 8'/2
170
138
128
*42
7%
Par
46'A
79%
7%
STOCK
36%
*92 Vb
48%
57
7%
EXCHANGE
37%
93 %
47
68%
18%
100
36'A
*92'%
78'A
18 3A
preferred
200
56 3A
6%
200
1.7CO
57%
687/2
19
9%
51 'A
79%
43»A
6%
par
129
*9
15,300
*50'A
57%
68%
139
*42
2d pfd—5
129
1,000,
19
*56%
79
1387/o
19
*127
37%
93
48%
xlG%
513/4
68'A
138'/a
l
128
36
477/2
2,601*
*29%
57'A
577/2
•
793A
-25
36
2,200,
t*6%
*29%
517/4
577/2
79 7/4
No par
367/8
l,30u
76
*407%
*56 %
68
*67
No par
9 per share
f per share
*9%
*55%
1
—No
YORK
9%
9 JA
10
13%
NEW
19%
6,800
182
:
6%
29'A
19%
51
conv
Highest
19%
1,300
113
40
6% ftft-7
19%
90
23'A
*15% *16
*73
.
41'A
2<m
X51
10
40%
7%
53
100
,-.t.
16,400
.99
*178
16 'A
76
553A'
111%
182
3/8
*73
29
52
18%
Lowest
6%
9%
■
16
112%
29
53
7%
4%%
41
52%
18'/a
May 20
40
53
18'/a
70
.;
*52%
Universal Laboratories Inc_
1
Universal Leaf Tobacco com_No par
8%
preferred
100
Universal Pictures Co Inc com
1
May 18
*178%
16>A
76
20
Universal-Cvclops Steel Corp;.—,—1
15% May 21
182
16
*73
Vf'*7%. i
5%
169
4
110%
*1787/2
.
317/4
cum
110
vvv-
40% #'.i
5'A
4%
21
Range since Jan. 1
Highest
9 per share
tv-
29%
19%
,
397/2
t
.
108%
15%
76
81%
24
182
15%
*73
76
77/a
<?%
•V-
.
STOCKS
Year 1947
$ per share
CO'A
25%
3 I >A
Jan
Range for Previous
Lowest
80'A
257/8
!_i
preferred
United Wall
8%
813A
26
7% May 22
23'A May 27
17
Feb
conv
44,500
8%
*807/2
25'%
*807/a
19% May 15
Mar 16
10% Mar
56
5
$6
II,000
26%
No par
No par
com
-
80
No par
com
9
31,800
47
-
30%
—100
100
8 %• i
110
3%
47
20 3/8
No par
preferred——
Stockyards Corp—
non-c
8%
11,600
22%
._No par
non-cum'
United Stores $4.20
o%r
3%
473%
200
4%
53
25»A
1
100
Co
8%
3%;
47
35
4%
*527/4
80
13%
.
8%
3%
47'/a
*33%
4%
53
277/a
*80
553/8
;
8%
3%
47
35
82
82
Paper Inc common—-2
preferred
_50
34
13
Feb
7%
8%
37/2
*32
26
*80
*42%
preferred
United
3%
47%
_5
1st preferred
non-cum
3%
46%
267/s
"lass A
conv
3%
47%
8 7/4
247/e
common
U S Lines Co „ummon—
4%% preferred
US Pipe & Foundry
May 21
57/8 Jan
Mar 13
16
Dec
8
6% May 21
Feb
13%
Partic &
3%
47%
8%
1
33A
473/o
5
No par
preferred—j
US Industrial Chemicals
9
19'/s Jan
3%
100
com
13%
47%
—No par
4% %
42% May 20
93
Jan
56%
Apr 21
May 15
2
.
Feb
-
72
81
10
8 7/8 Feb
109% Jun
Dec
*33%
57% May 28
300
34%
3%% cum prd series A—
US Rubber Co common
4% Mar 16
Oct
8
96%
6
7
67% Mar 17
129% Mar 16
200
15,700
86
14%
U S Playing Card Co
US Plywood Corp common
May 7
49% May 15
137% Jan 13
*83
347/a
94
11
21 'ft-
85 7/4
15
56% May 25
37% May 21
6
38% Feb
60% -Feb
165
21% :
21
857/4
34%
4
25% Feb
21%
217/4
87%
13%
2
49
*85%
34'/B
5
Feb
21%
89
17%
13%
Jan
Jan
*85'A
110
16%
34%
21% Jan
73
89
16,900
110
17%
*34
36
391
ft
293A
29%
111
16%
'
14
17% Mar
Dec
23% May
29%
*10.9%
17%
34%
Oct
46%
173/8
7,300
13%
US Gypsum Co common__
20
1%
preferred—
—100
US Hoffman Machine Corp—5
May 14
May 21
x28%
*109%ftlll
17%
I,100
41%
34%
Nov
53
21%
111
106'/a
41%
13%
United Merch & Mfrs Inc
17'A May 14
16
21%
%
177/a.
; 4,400
35
24%
39% Feb
21%
89
*109
18%
*105
41%
39,100
187
133A
.39%
Oct
*-No par
90
111
33%
186'/a
105
41%
120
89'/a
32%
347/8
„US Leather Co
46%
preferred—>100
*89
104%
7,700
96
5
5%
32
*30
*18%
5,400
32
18%
18%
7%
7%
237A
22'A
*169
15'A
*68%
7%
22 J/a
168
14%
100
600
"
69'A
7,000
1,100
x
172
14%
40
14'A
67 »A
4,200
687/2
430
PRICES
Wednesday
May 26
9 per share
Thursday
May 27
Friday
May 28
9 per share
Sales for
the Week
9 per share
Shares
V
13% May
147/a Dec
22
18%
Feb
14% Feb
12'A May
20% Jan
10
24'/8May21
Vanadium Corp of America—No par T
12% Feb
13
15'A May 17
Van Norman
f
15'A
15%
15%
21% Feb
Feb
—
16
26% May 21
Van
10
26'A
26'A
26'A
26%
157/2May21
Vertientes-Camaguey Sugar Co—6'A
14%
157/s
14%
15
25'A
25'A
25%
25%
12% Jan
26%
Dec
39
Feb
22
Mar
84
Nov
94'A
Feb
86
Feb
85'A Nov
35'A May
85
94
5Ve May
69
1i
14
10%
May
112
16%
Nov
^
107'A
Dec
121
—
3
29'A Jan
21
6
94
May 28
93
May
Vick Chemical Co
6
47% Jan
2
Victor Chemical Works common—_5
96% Apr
23
Nov
Feb
13
2
7'/8Marl6
Nov
93
Feb
14% Jan
13% May 28
11
Oct
7
Feb
109
Jan
6
—
18
Jan
121'A May 27
18% May 15
7
115% May 24
21-'A May 8
38'A May 11
Dec
40
Jan
30'A Feb
31
Oct
38
Feb
32
10
39'A Apr
Dec
337A
Nov
28'A Feb
19
32'A Jan
5
Aug
337/2
Oct
29
15
32% Jan
3'A %. cumulative
•
Feb
35'A Mar 30
Feb
Apr
10
34'A May
$5 preferred
Va Iron Coal & Coke 4%
Virginian Ry Co
6%
3
26
preferred
100-
Va-Carolina Chemical com—No par
6% div partic preferred
100
Virginia Elec & Pwr Co com
10
13
30
30
45
22%
23
15%
*26'A
26%
14%
14%
14'/a
14%
24'A
25%
24%
24%
94
*92'A
94
*92'A
94
*92%
95
*92%
95
*92%
95
*43%
44%
*951/4
12
97
95'A
12
115'A
11%
116'/a
118'
43%
44
95'A
♦95'A
12
11'A
119
.117
17'A
17'A
7114'A
115%
*20'A
21%
*21
21%
21
*38
39'A
♦38
39'A
*38
*33 7A
33%
337.4
33'A
39'A
*38%
39'A
5
common
preferred
*38%
20
20
32
44
96
11%
117
17 7/8
17»A
17%
115%
115'A
115'A
32
*30%
24%
247a
94
*92%
95
44'A
95'A
11'A
120
17'A
*115
95'A
12%
120
17%
115%
95'A
12%
120'
xl7
*113%
44%
95'A
13'A
121%
17'A
115
23%
2,500
15
■
15'A
26%
■
26%
900
13 3A
13%
5',500
24%
24%
2,800
94
1,400
94
*92%
10
95
44%
45
*95'A
1,700
96'A
60
13%
35,500
121'A
13 VB
*120
1,300
17%
17%
14,600
114%
114'A
60
21
*21
22
*21
22
397/8
*38
39%
*38
38%
38%
38'A
100
33'A
33'A
33'A
800
38%
38%
600
31
31
120
38'A
39'A
*38'A
30'A
141/4
45
33'A
*31'A
13%
95
45
*22'A
157/s
*93
33%
32
23%
26%
94
33'A
31
15'A
*92%
,
17%
31
22%
*26
*92'A
115%
32
*30'/a
23%
*15
*93
43%
23'A
15 %
26%
25
25
23%
15
26'A
•
25
preferred
cumulative
22%
100
pfd
common
Visking Corp (The)
Vulcan Detinning Co
7%
*15
2.50
87 Vb Feb
86
23%
23
2.50
new
Vicks Shreve & Pacific Ry corn—100
5% non-cum preferred
10o
34'A
31'/a
Dec
Co
Raalte Co Inc
37% Mar 10
Jan
50% Nov
104% May
Dec
2
32
30%
31'A
*30'A
33%
39
31'A
33'A
38%
*30'A
38%
31
*21
22
31
30%
30%
*30%
30%
62%
62%
62%
63%
50
63'A
80
w
87
Apr
13%
Apr
Apr
29%
100
!
75'A Feb
17% Jan
36"%
Dec
109
xl7»A May
7% May
10%
88'A
Feb
x83'/8Marl2
8% Feb
11
Feb
10'A Feb
25'A Feb
5
—
27
23%
Feb
17i/8Febl6
26%
Feb
17
30
41
Feb
24% Apr
Jan
il
5%
Deo
12%
Jan
37%
Jan
52%
Nov '
83% May
21% May
"for
Mar 16
Jan
26
.
May 13
62%
62
*15
15%
*15
33
3 3 7/8
4%
preferred——
Walker (Hiram) G & W—
Walworth Co
Ward Baking Co common
5Vt%
Warner
86'A Jan
26%
11%
131/8
*101
.
*60'A
.
14%
14%
14%
14%
14%
14%
1,200
34%
35
35
35%
34%
35
3,800
102
102
26%
26%
13'/a
*101
14%
14'A
14%
94%
94%
94%
14
13%
14
*25
*20'A
20%
No par
5
101
26%
*101%
102'A
*101%
26 3A
26%
26'A
26%
25%
26'A
12%
•
101
26
13%
13%
31%
400
15
35
Hi/a
'
62'A
14%
34%
94%
32%
62%
15%
34%
—_1
Washington Gas Light Co
4,400
13'/a
12%
13
12%
13 Vb
12'A
127a
34,200
102'A
60
14'A
14%
14%
14%
14%
14%
14'A
14%
94%:
•
94'/a
937A
94
93%
94
94
94
137/4
13%
13%
137a
13%
14
12%
13'A
54,400
30%
30'A
32
30%
31%
2,800
4,500
*30%
31%
29'A
30
30
33%
32'A
32%
307a
32%
3S
26
25%
25%
25
2f5 'A
25
25
20%
20%
20'A
20'A
20'A
20%
19
33
*29%
30%
*29%
24%
*24%
25'A
20%
20%
20%
*19%
19%
270
30'A
24%
x20 %
4,100
5
*18'A
19'A
19
19
18%
18%
19
1
27'A
27%
27%
27%
27'A
27'A
27'A
27'A
27%
27%
27%
6'A
6%
6%
6%
6%
6%
6'A
6'A
6'A
6%
6%
19
19
800
1.300
700
'
28
1,100
'
Webster Tobacco Inc
Wesson Oil & Snowdr
2
26% May 21
26%
♦31
Wayne Knitting Mills
Wayne Pump Co
13
No par
No par
Warren Foundry & Pipe
_No par
Warren Petroleum Corp new com__3
2
May 28
101% 101'A
62
100
Pictures
30'A Jan
6% May 24
100
33%
,,_5
preferred
Bros
Waukesha Motor Co
57
3
♦62
2
11
19% Mar
100
No par
20% May 28
10
80'AFeb
preferred
common——No par
Walgreen Co
21 Vb Jan
Feb
Feb
2
34% May 14
Feb
Jan
32
May 22
5
34'A
footnote. a»page24
14
39
90
,
3
May 15
94'AMay20
10
20'A Jan
15
5
20'A Feb
13'/2May24
10
19Ys Dec
17Ys May
Sep
Dec
Waldorf System
27% May 21
10% Mar 12
Feb
36% Nov
20
Wabash RR 4%%
8
xl8% Mar 17
Feb
—
2
29
100'A Apr
Jan
18%
Jan
15'A Jan
35'A May 27
103'A Jan 22
106'A Mar
Dec
May
66
11
19%
Dec
12
July
60'A Apr
6
14
Mar 15
x30
24%
137/2
Dec
21
Feb
'
96%
*89
*
No par
7
May
10
common
96%
|
240
Corp—10
9
35
Inc
cumulative
United Engineering & Foundry
May 28
177 % May
6
9% May 20
105
—No par
Car—
United Fruit Co——
May 28
24% May 15
7% Mar 30
*103%
-
•
44,700
109'A
*94
33%
1851/a
109
89%
31%
8% Jan
Apr
108%
*89 ft-
42% Jan
10
108%
32%
5% Mar 15
26
Mar 16
Dec
108%
108'A
90
Oct
9%
42
96%
—
99
9
41%
ft.
31'A
9%
Jan
42
90 '.*%
5% May
25% Jan
16%
41%
33%
*89/
—
113
74
41%
89%.
U S & Foreign Securities
$4.50 1st preferred
US Freight Co
7
41%4
32%
United Gas Improvement Co
9
9,600
89'A
24
11% Mar
39%
90
53%
33% Feb
397/a
33
Dec
69% May
*94 ,-iPj
39%
187
Dec
Feb
967/2
39%
32%
Dec
Feb
*94
5,100
2,300
39
186 7/8
13%
Jan
96'/a
15
-25
717/8
33%
*94
58
14%
♦94 «: ■>,
37,-
,94.
series——No par
series
-No par
32% May 15
20
Oct
108 »/2
May 24
21% May 26.
27
Feb
1083/4
United Dye wood Corp common
7%
preferred
United Electric Coal Cos
23
13% Mar 16
20%
May
171
20% Feb
107%
12.% May
86
<
Feb
108%
10%
57
14'/a
39%
$3.50 convertible preferred——100
United Corp common1
$3 preference——,
:
5
44% May 26
58% May 17
Dec
109 >/a
*108%
10%
57%
:
United'Carr Fastener Corp—No par
United Cig-Whelan Stores com—30c
27% May 24
37% Jan
12% May
41%
United. Board & Carton
United Carbon Co—
May 27
82% Apr 22
Oct
20
41%
United Biscuit Co
9
Jan
Feb
41%
4%%
47% May 20
19%
59% July
24'A Jan
39%
United
5
43%
Jan
38 '/a
,
'3 7/8 May 15.
11% May
44%
7/o
11'A
14%
United Aircraft Corp common-.
5
5%
convertible preferred——106
29
33
May
38
41%
4%
47/8 May 1555
11
4% Feb
38%
417/2
Union Tank
34 % May 24
May 10
40
Feb
38%
41%
Preferred
35% May 2l
5
2% Feb
38%
10%
X57%
14%
Union Pacif'c RR Co common—100
15% Jan ' 2
20
Feb
46
Jan
Dec
5%
29
Jan
83
Dec
41
Nov
11
58
14%
Union Oil of California
110% Apr 30
19% Apr
2
12
19
11
57%
14%
Preferred
30% May 19
77% Jan
Nov
11
58%
14%
Un K1 Co oi Mo pfd $4.50 ser„No par
May 25
41% May 27
Apr
24'A
10'/a
57»A
14%
24.
Apr
Sep
11
58%
14%
Bag & Paper
———No par
Union Carbide & Carbon new.No par
May 15
120 7/b
18%
107/B
58%
15
1
10
105% Jan
11
5 8'/a
14%
Union
4
28%
15%
75
10%
58%
105
26
227/a Feb
Jan
—1
(The).
—
33% May 27
19
31% Jan
Dec
110
6
11
Jan
967/8 Mar 18
.38% Feb
16% May
Jan
152
Udyllte Corp
Underwood .Corp
-No par
Union Asbestos & Rubber Co__
5
May 27
109% May
92 % Apr
9
21% Feb
Feb
42
2
Feb
86
Dec
97%
Jan;
91
Sep
120
'
■
106
Jan
J
58% May 17
15% May 19,
397/8 May 26.
40% May 17
105
12
$4
West
-
conv
5
com
preferred
Indies
Sugar Corp
.....
No par
No par
—1
52'A
52
53'A
54%
54'A
55%
83
83
82'A
82%
83
83'A
83
83'A
83'A
84
25%
25%
25%
25%
25
25%
24%
25'A
24%
25
*51'A
52'A
51'A
53%
55%
83%
X23
'
6 'A
57
84
23%
5,200
j*
8,200
....
440
11,200
'
24
THE
(2380)
Ranee for Previous
Range since Jan. 1
Highest
LOW
EXCHANGE
,
».
Per
I per there
I per thare
I per thare
13
18% May 15
103
Dec
117% Mar
104% Mar 16
111% May 28
Class A
112M»
Not
121%
Jan
117% Jan
13
7%
103%
Dec
112%
Jan
108% Jan
23
6%
106%
Doc
116% Aug
13% Feb
Xll3% Apr 15
103% Mar 29
West
Elec
Penn
May
100
►111
pid
17
Dec
5% May
10%
West
38% Feb
14
50% May 26
West Va Pulp & Paper com__No par
Jan
113
103
17% Apr 23
100% Feb
25
111% May 20
109
4%%
May 27
Coal
Va
Coke
&
2
10% May 18
Western Air Lines Inc
14
46% May 20
Western
Auto
Western
Maryland Ry com
2nd pfd
75%
Jan
9 %
Dec
14% May
7
32%
Deo
22% Mar 12
36
6
26%
Dec
42%
Feb
28% Feb
36-% May 21
65
Dec
90
77/a Mar 17
May
4%
*108%
1
6% Jan
34% Feb
38% May
4
May
9% May
48%
——100
preferred
Jan
non-cum
107
*106%
107
111%
111%
111%
17%
18
50%
49%
50 %
50
108%
108%
*108%
110
9%
9%
9%
45%
45 %
45%
14%
13%
32
32
35
69
*67
*117%
118%
170
106%
106%
*106%
107%
111%
111%
80
18%
Xl7%
17%
4,500
50%
<
111%
17%
50
50
%
49%
3,100
*8%
43%
44%
43%
49
*1087/B
103
110
120
-
'
13%
13%
.70
50
111%
108%
31
*34
.
140
117%
9%
13%
13
31
35%
111%
8%
45
14,000
111%
*108%. 109%
9%
44%
14
33 %
9
Shares
18%
18
18%
113
18
17%
49
110
18
9%
13%
106%
18
48%
33%
117%
♦\ll% 111%
116 %
45%
•
10
100
100
Co__
Supply
116%
.18
116%
106%
117
*111
111%
5
West Penn Power 4%%
11
20
18%
*111%
>,
for
the Week
<
t per thare
$ per share
18%
112%
♦111
Kales
Friday
May 28
May 27
116%
110%
*106%
'
18%'
18%
18
110%
<
Thursday
$ per shflre
I per thare
18%
116%
107
SALE PRICES
Wednesday
May 26 v>!«.
Ill
117
105% Feb
,
18%
HIGH
AND
May 25
f per share
*110
,
*106
Monday, May 31, 1948
Tuesday
May 24
18%
Hi
;
*116%
-100
100
Oct
47
18%
♦110
No par
preferred
preferred
Monday, v,
<
I per there
(The)—No par
Co
16% Apr
"32%
\ Saturday.
May 22
STOCK
YORK
NEW
Lowest
Highest
'
RECORD
STOCKS
Year 1947
I per than
FINANCIAL CHRONICLE
STOCK
YORK
NEW
Lowest
&
COMMERCIAL
13%
8%
4,100
43%
44
43%
3,300
13%
35
(
69%
69
69
•
25
24%
24%
7,500
31%
1,600
34
31%
34%
13%
31%
14
31
34% "
30% ¥30%
9%
9%
34
'
17
26%
May
27% May
22% May
¥ 88
Mar
•
11
5
Mar
64
18% Feb
Sep
72% Jan
26
11
13
38% May
O.ct
32% Feb
Dec
25% Feb
11
Aug
11
95% Apr
91% Feb
11
29% Feb
16
43% Dec
7
45
Dec
102% July
34% Feb
85
Jan
5
95% May 26
5
70%
24%
25%
24%
24%
37%
36%
'37%
Brake
31%
31%
•93 Ys
93%
►100%
100%
100%
*36
37%
36%
*66
No par
*44
44%
44%
443/4
*94%
95%
95
953/a
31
24%
24%
37
36%
Instrument
30%
*92
•
24%
100%
.12.50
Elec
Air
34%
-
37%
37
37%
37%
30%
36%
_12%
100
100
Weston
37% May 18
May
►69
35%
•67
No par
101 ¥ May 28
Jan
85
35%
A—...-—109
serleg
Westinghouse
5
23
106% July
S; 94% Dec
30
No*
►35
com
Westlnghouse Electric com
3 % %
cum pfd series A
3.80%
cum
pfd series B
32% May 15
85% Feb
No par
RR
Western Union Teleg class A_No par
May 19
38%
Pacific
Preferred
15
31
105
Dec
Western
31 Va
30%
31%
31%
93
93
91%
93%
100%
24%
32
93%
100 %
♦92
93%
►100%
100%
100%
100%
36%
*36
36%
36%
43%
44
95%
95%
*36
700
100
*67 -'¥■ 70
25%
9.900
37%
12,100
;'31%
43,900
91%
>
38%
31%
38%
91%
¥ 101 :
•
140
700
101
36%
37
300
36%
Westvaco Chlorine Prod—
26
82%
62% Mar
76
31
53%
May
90
Dec
'
80
Jan
Oct
37
Mar 16
preferred
No par
Wheeling & L Erie Ry com—100
Wheeling Steel Corp com
No par '<■'
50% May 27
83
Mar 18
Jan
23
Feb
20
27% Jan
7
19
Feb
11
$5 cony- prior pref
5
¥ Feb
24% May 26
18% May 10
29%
84
90 ¥ Feb
34
Feb
92
9% Feb 27
17%/Feb
July
$3.75
T May 26
106
101% Mar
Dec
26% May
19% May
9% May
f
Common
May 28
Feb
90
6
107
26
.
29
Motor
*102%' 106
49
:
¥
,.;.No par
(The S S)
20
White Dental Mfg
White
Co
-49
87%
1
44
95
107
:" ' '
49
47%
106
89%
88%
&)%
♦883/4
26
26
26
26
*26
23%
23%
49%
233/4
22%
23%
17% '17%
♦101
105
105
50%
*105
*106 '
50%
2,200
.95%
95%
¥ 108
'.49%
.
45
44%
44%
95%
,95
' ''
49
'
¥ 50
;
'
49%
88%
;
340
¥
109
89
5,500
'
:
18
48
1
433/4
•<* 106
/
88%
''
88%
26
17%
*101
44
94%
*103
107
49
'
*23%
«
:
White Sewing Machine com
:
1
$4 conv preference-.
No par
May 16
♦103
•25
.
:
'
,
':88%
89 %
17%
173/4
*100
105
*100
.
300
26
26
-24%
24%
24%
10,103
18%
17%
17%
7,200
*100
•
v
18% '
104%
*100
*28'
28%
*23
16
104%:
'
510
26%
24
18
243/4/
18
89%
*26
26%
■
22 3/*
16%
16
7
104%
-
29% May
27% Feb
Feb
34
6% May
12%' Deo
•% May
13%
81%
Sep
10% May
•8% Doc
51
Oct
12% Feb
Jan
81% Mar 25
99
-
¥, 18
Jun
18% Dec
138
Oct
17
.
-
20
Not
15
145% May
Oct
Not
19
126
-
15
65% May 15
*17% May 17
88% Jan
19
*138
Mar 19
Jan ¥8
Jan
Co
6%
17%
29
16%
♦273/4:
16
283/4.
16%
28
,28
17
16%
16%
10%
10%
;
io%
11
10%
11%';
11% ¥11%''
*63%
64%
:
64 %
64%
64y2
65%-
64
17
17%
16%;
17%'
17
17%
•
•
11%
' •
65%
■643/4
17%
16%
163/4
29
100
16%
5,100
11%
92.600
12
11%
65%
64%
64%
3,300
17
16%
-1G3/4
12,900
•
preferred
Wisconsin
13
*28
29%
17
Wilson-Jones Co
17% Jan¥ 9
'
Oil
$4.25
21
Feb
10
*28%
.
Willys-Ov«rlRnd Motors
$4.50 conv pfd series A——No par
Wilson A Co Inc com,No par
9
Mar 30
-
Prior: - preference' -—20 -
Wilcox
11
Mar
■"
6
•
12 f" May 27
6% Mar 17
Feb
64%
May
17% May 14
Feb 11
9
El
-No par
*85%
——10
16%
oommon—10
16%
*132
—
Pwr Co
preferred
———^.-100
Woodward Iron Co (now).;
19
Woolworth (F W) Co___________ 10
31% Doc
35
Dec
28
Feb
5
37% May 27
43
May
53
Feb
43% Feb
11
48 % May 18
New
Doc
94%
Apr
14
74% -May*. 5
25% May 15
78
81% Feb
4
Prior pfd 4%%
93,
Dee
100
Feb
81
Feb
16
"May 17
Prior pfd 4%%
83
Doc
-80
Feb
58
Jan
5
89
87
87
16%
16%
16%
16%
167/8
163/4
16%
16%
■
t
134
*33%
♦132
135
86%
:
•87%
*86%
87%
16%
16%
16%
16%
16%
1,300
16%;
16«% ¥17%
17%;
17%
10,200
*16
l63/a
87
"
16%
'
16%
*■
' 134
*132
*86%
*853/4
86%
134
*132
/'
-
*130
'
*128
134
300
'
133
'
-•'.J..—
34
33%
34%
34 %
35%
36
363/4
36%
37%
35
36%
4,300
47%
47%
46%
473/4
46%
473/8
47
473/4
47%
47%
47%
47%
10,300
24%
24%
243/8
243/4
79%
*78%
Worthlngton P & M (Del)—
20 Ye Apr
88
Not
I
May
33% Aug
10% May
37% Dec
14% May
83% May
18
May
14% May
5% Jun
8
Feb
Yals
67% Jan
9
13
27% Feb 21
34% Jan
Feb
10% Feb 27
38% Mar 13
48
May 25
23%
Oct
15% Feb
21
22
May 28
Oct
65% Feb
27
82% May 15
'83
21%
25
j
10%
14% Mar 16
Feb
July
19% Feb
York
•<
<■
a
92
*83
84%
84%
83
84
65%
65%
10%
103/4
33%
333/4
66
*65
84%
65%
U
11
11%
32%
.
32%
33%
Deferred delivery,
Ex-rights.
Week Ended May 28, 1948
Saturday
Monday
Shares
66
Bonds
Bonds
$183,000
$10,000
1,810,190
5,522,000
543,000
296,000
42,000
1,832,020
1,241,830
5,642,000
327,000
4,047,000
419,600
Total.
9,113,960
$28,596,000
$2,422,600
65%
1.500
10%
10%
2,500
34%
34%
34%
34
3,900
34
50
153/4
16
15%
I534
47%
47%
47%
47%
20
20
19%
20%
X20%
21%
21
22
80
79
80%
79%
81%
82 Va
75%
80%
19%
19%
19%
193/8
19%
19%
xl9%
19%
15 %
79%
27%
27%
27
27%
26%
27%
2^%
2r %
26%
26%
6%
6%
6%
5%
5%
5%
5%
V/e
79%
79%
19
27
6%
-
6%
r
Cash sale,
s
81
6
-
Special Sales,
wd When
distributed,
x
6,000
300
3,100
,
9,200
,
3,300
3,500
13,500
,
Ex-dividends.
Exchange
$2,000
Foreign
of
Week Ended May
6,0S7 000
5,982,000
4,466,600
Foreign
Corporate
Government
Domestic
Share)
28,1948
Total »
212,720
$62,000
$3,000
$1,000
$66,000
361,545
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
6,442,000
13,000
Bonds (Par Value)
(Number
5,412,003
30,000
6,104,000
65%
10%
15%
20%
$2,716,000
1,840,950
66%
10%
48%
20%
Sales
Wednesday
Thursday
Friday.
65%
103/4
33%
Bond
Tuesday
66
Stocks
Government
654,000
84
Daily, Weekly and Yearly
Bank
4,748,000
84
Transactions at the New York Curb
Foreign
1,558,580
83
10%
Total
$2,533,000
83
{
United States
830,390
150
580
84
*82%
'
15%
changed from Penn.-Central Airlines Corp.
Bonds
Bonds
6,700
78%
01%
*47%
21%
6%
Int'l
of and Miscel.
24%
7772
16%
Daily, Weekly and Yearly
Number
24%
*90
48
♦48
Transactions at the New York Stock Exchange
Railroad
91 Va
15%
27
..
Stocks,
79
48
19
n Name
24%
*76%
X90%
16%
49
*20%
79%
1
*
91%
48%
15%
16%
*47%
No par
x243/8
79
24%'
'
16%
preferred-
Zonlte Products Corp
tin receivership,
92
32%
common
cum
*78
93
92%'
24
783/«
91
11
•
Towne Mfg Os_
Corn
24%
783/4
93
*65
L_f
Zenith Radio Corp
6% May 19
no sales on this day.
<
Young Spring St Wire.
Youngstown Sheet St Tube—No par
Youngstown Steel Door
No par
27% May 18
}
*
4%%
xl9% May 27
11
5% Mar 16
Jan
2
16% May 24
24
79
*91
78
No par
Mo par
11% May 18
Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co
Jan
16%
——No par
series
100
series-—10o
50% Mar
-45
t;^ *Bid and asked prices;
y
Mar
———
conv
84% May 21
60% Mar 19
70% Mar
¥ 18%
94
138,000
41,000
5,000
184,000
3,000
10,000
491.000
232,000
6,000
13,000
251,000
385,695
205,000
15,000
343,780
415,000
16,000
22,000
453,000
2,038,185
$1,530,000
$84,000
$51,000
$1,665,000
392.500
341,945
478,000
.
220,000
*
■
BtOCks—No. of shares
$95,000
$2,000
Week Ended May 28
1948
1947
9,113,960
Total-
$31,115,600
Week Ended May 28
Jan. 1 to May 28
1948
3,227,530
1947
137,393,290
1948
107,886,916
International Bank
Foreign-—-!
Railroad Si Industrial
Total
1947
May 28 1
1948
1947
2,038,185
890,690
33,443,091
34,282,348
$1,530,000
$2,428,000
$24,415,000
$27,064,000
84,000
Stocks—No. of shares-
Bonds
U. 8. Government;
Jan. 1 to
58,000
4,425,000
2,720,000
963,000
218,000
$29,803,000
$30,002,000
Bonds
$2,000
$23,500
$383,500
1,535,000
40,486.280
95,000
$1,228,000
Domestic
2,997,000
2,422,600
Foreign government
31,303,000
28,596,000
12,872,000
446,059,100
412,655,600
$31,115,600
$14,430,500
$489,925,880
Foreign corporate
$445,186,600
51,000
—-
$1,665,000
Total-
$2,486,000
'
:,1
i,,
Stock and Bond
Averages
.,
the
daily closing averages of representative stocks and bonds
'
,;
I
are
*
s«
j,
-K
<
Below
-
.
-)
J.
t*
>:
•
;•
i.
listed
on
the New York Stock Exchange as
compiled by Dow, Jones & Co.
i
.
"I
Stock*—r
'
—————
!
Bond*
-
;
..
■
>
<i
•
¥
10
30
IndusIndus¬
Date—
trials
20
RailRail¬
IB
Total
Util-
65
65
First
10
IndusIndus¬
Grade
Grade
roads
tles
trials
Ralls
61.65
35.77
70.48
101.55
106.01
•
Stocks
k
1
Second
E
IB
I
Grade
Utili¬
ReUs
u
Total
40
:
;
ties
103.20
r.
: >
•
♦
Bonds
100.49
1
f".
i-;
'
'
May
22—
May
24——
May
25—
190.00
100.07
91.30
103.20
91.14.;
103.24
100.46
101.70
106.04
91.19
103.24
101.71
105.98
91.29
103.20
100.54
70.40
101.64
106.09
91.31
103.25
i
100.54
70.44
»>
100.53
105.91
100.57
189.82
61.61
35.77
70.43
101.56
189.71
61.04
35.68
70.21
101.55
191.06
61.48
35.68
70.63
190.97
„
91.20
60.87
35.73
190.74
60.81
35.83
!»
May ;26__
May
;
'»
-
{
25
(2381)
Bond Record'«» New York Stock
Exchange!/
NOTICE—Prices
are "and Interest"—except for Income and defaulted bonds.
Cash and deferred delivery sales are disregarded In the week's range, unless they are the only transactions
and when outside of the regular weekly range are shown in a footnote In the week in which they occur.
No account is taken of sucn sales in computing the range for the year.
.The Hallo letters lh the column headed "Interest Fericd" indicate in each case the month when the bonds
mature,
of
the week,
^ideetmsal. point represent
Me
j" V
32d of
er nore
LOW AND HIGH
Range for Previous
GOVERNMENT BONDS
Tear 1947
Lowest
■
Highest
NEW
Range since Jan. 1
',
'
Lowest
YORK
STOCK
;
Saturday
-
;
EXCHANGE
Highest
Feb
•
Monday
Low
May 25
104.25 fiep
106.6
106.4
Dec
108.21
Feb
105.28 Mar lO
10&28 Mar 10
Sep
112.6
Feb
107.20 Mar 10
108.28 May 17
Treasury 2%s
108.13
July
106.13
July
108.16
Dec
108.16
Deo
114.8
May
114.8
Low
High
/
PRICES
High
Low
•!
High
May 27
{High
-
Low
-
Low
103.15
*103.11
103.15
*103.11
103.15
103.11
103.15
*103.11
103.15
*103.11
103.15
*106.4
106 8
*106.4
106.8
♦106.3
106.7
106;3
106.7
*106.3
106.7
*106.3
106.7
*109.6
109.10
*109.4
109.8
*109.8
109.12
109.10
109.14
*109 12
109.16
*109.14
109.18
*105 *■.
105.4
♦105
105.4
•105
105.4
105
105.4
♦104.31
105.3
*104.31
105.3
*109.28
110
•110
110.4
104.12
Feb
1956-1959
*109.22
109.26
♦109.22
109.26
♦109.24
109.28
109,26
109.30
Treasury 2%s
10?.ia
2%s
Treasury 2%s
1958-1963
*110
110.4
♦110
110.4
•110.2
110.6
110.4
110.8
*110.6
110.10
*110.12
110.16
Treasury 2%s
1960-1965
*110.14
110.18
*110.12
110.16
*110.14
110.18
110.16
110.20
*110.20
110.24
*110.26
110.30
Treasury 2y2s
Treasury
Treasury 2»/2s
_
Feb
102.22
Feb~"5
102.22
Feb~~2
1948
1949-1953
1950-1952
*100.16 100.18
*100.16
100.18
*100.16
100.18
100.16
100.18
♦100.15
100.17
*100.15
100.17
*102.11
102.15
*102.11
102.15
♦102.11
102.15
102.11
102.15
*102.11
102.15
*102.11
102.15
*103.11
103.15
♦103.11
103.15
*103.11
103.15
103.11
103.15
*103.11
103.15
*103.11
1952-1054
*103.20
103.22
*103.20
103.22
•103.19
103.21
103.19
103.21
*103.20
103.22
*103.20
103.22
—1956-1958
*104.23
104.25
♦104.23
104.25
*104,22
104.24
104.22
104.24
*104.24
104.26
*104.25
104.27
*102.11
102.13.," ♦102.11
102.13
*102.11
102.13
102.11
102.13
♦102.11
102.13
*102.11
102.13
1963-1968
*101.26
101.28
*101.27
101.29
♦101.28
101.30
101.28
101.30
*101.28
101.30
1964-1969
*101.16
101.18
*101.16
101.18
•101.1G
101.18
101.16 101.18
*101.16
101.18
1964-1969
*101.14
101.16
♦101.14
101.16
;
Treasury 2%s
Treasury 2%s
101.11 Jan
104.24 July
7
101.11 Jan
104.24
July
104.14
Sep
104.23
Feb
101.27
Dec
104.18
Apr
100.24
101.26
Dec
104.4
Jan
100.23 Jan 28
100.26 Apr
101.7
May 19
101.7
Mar 12
100.27 May 21
Treasury
25'
102.26 May 25
6
100.20 May lg
Mar"l3
100.25
Treasury 2VaS_v_
Treasury 2V2s
,3
Jan~~7
—1962-1967
Treasury
Jun
Treasury
2
2'/as
2%s
Dec
?
"
s
'
103.15
*101.28
*101.16
10.30
101.18
Dec
Dec
104.15
Apr
101
Dec
103.20
Apr
100.8
May 19
101.16
101.14
101.16
*101.14
101.16
*101.14
1965-1970
*101.13
101.15
♦101.13
101.15
•101.13
101.15
101.13
101.15
*101.13
101.15
*101.13
101.15
Treasury 2V2s
104.10 May
101.24
*101.14
Treasury 2y2s
101.24
_1966-1971
*101.12
101.14
*101.11
101.13
*101.11
101.13
101.11
101.13
*101.11
101.13
*101.11
101.13
*100.26
100.28
100.26
100.28
*100.26
100.28
*100.26
100.28
102.30
101.16
105.17
Jun
Dec
103.19
Apr
100.8
Jan
Dec
102.6
Sep
102.24 May
100
100
Dec
102.24 May
100
May
11
100.29
♦100.26
100.28
Sep
1967-1972
*102.26
102.28
*102.26
102.28
102.26
102.26
102.26
102.28
*102.27
102.29
*102.28
Treasury
*3
Feb
*100.27
2,/2S
Dec
1967-1972
*100.27
100.29
*100.26
100.28
*100.26
100.28
100.26
100.28
*100.26
100.28
*100.26
100.28
1951-1953
*104.2
104.6
♦104.2
104.6
♦104.1
104.5
104.1
104.5
*104.1
104.5
*104.1
104.5
1952-1955
*102.22
102.24
*102.22
102.24
*102.22
102.24
102.22
102.24
*102.23
102.25
*102.23
102.25
1954-1956
*105.22
105.26
*105.22
105.26
*105.22
105.26
105.24
105.28
*105.26
105.30
*105.28
106
1956-1959
*103.5
103.7
*103.4
103.6
*103.5
103.7
103.6
103.8
*103.7
103.9
*103.8
103.10
102.12
Apr
102.12
101.12
Dec
102.6
100.2
Treasury
Apr
May
July
102.23
Dec
102.25
Apr
Apr
103.1
101.23
Dec
103.2
Jan
101.28
July
103.4
100.30
Apr
101.2
Oct
101.8
1203
*100.19
100.21
*100.20
*100.19
100.21
*100.20
100.22
100.22
*100.19
100.21
*100.19
100.21
2s
Jun
1949-1951
*100.28
100.30
*100.28
100.30
*100.28
100.30
100.28
100.30
*100.28
100.30
*100.28
100.30
2s
Sep
1949-1951
*101.2
101.4
*101.2
101.4
*101.1
101.3
101.1
101.3
*101.1
101.3
*101.1
2s
Dec
1949-1951
*101.6
101.8
*101.6
101.8
•101.6
101.8
101.6
101.8
*101.6
101.8
*101.6
101.8
101.11
101.13
*101.11
101.13
*101.11
101.13
Treasury
2s
Sep
101.14 Apr
16
101.26 May 18
Treasury 2s
Treasury 2s
101.15
MayTl
101.15
May" 11
100.16 Apr
14
100.16 Apr 14
July
94.10 Jan
15
94.14 Jan
15
98.30 May 17
99.30 May 17
No sales transacted this day.
asked price.
101.20
*101.16
101.18
*101.17
101.19
101.17
101.19
*101.18
101.20
*101.18
101.20
*101.25
101.27
*101.24
101.26
*101.25
101.27
101.25
101.27
*101.26
101.28
*101.26
101.28
*101.26
101.28
*101.26
101.28
*101.25
101.27
101.25
101.27
*101.26
101.28
*101.26
101.28
Jun
1952-1954
*101.27
101.29
*101.26
101.28
*101.27
101.29
101.27
101.29
*101.28
101.30
*101.29
Dec
1952-1954
*101.28
101.30
*101.27
101.29
*101.28
101.30
101.28
101.30
*101.29
101.31
*101.30
102
1953-1955
*104.8
104.12
*104.8
104.12
*104.6
104.10
104.6
104.10
*104.6
104.10
*104.8
104.12
1
*100.2
1950
&
1948
*100.17
a
*98.24
Last
Period
Sale Price
*99.24
transaction,
r
106 Va
or
Friday's
Sold
No.
High
105
3
A 1061/s
22
Lou.
fund
100%
107
107
120
1948
6s
4s
A-O
1968
J -J
J-J
J-J
1957
60
65%
31%
J-J
7s 1st series
60%
*61
M-S
1945
coll 7s A
*61
65%
31%
32
31%
*31
31%
A-O
31%
31%
A-O
31%
31%
31%
31%
(City) external 5s
1958
(Commonw'lth) 5s of '25-1955
10-year 3%s
1956
J-D
86
10-year 3%s
20-year 3%s
J-D
20-year 3%s
15-year 3%s
Belgium external
•;>
s
f
6s_
External
s
f
7s~
fABrazil
(U
——
1957
1967
1966
1962
1949
6V2S
External
S of)
s
f 6%s of
(Int reduced
s
(Int reduced to
bonds of
3%s Series
i
No.
3%s
Series
No.
3%s
Series
No.
3%s
Series
No.
3%s
Series
No.
17—
J-D
*55
62
Series
No.
18
No.
19
J-D
No.
No.
21
No.
22
J-D
Series
No.
23
J-D
20
Series
No.
No.
No.
26
54%
61
60%
43
60
59%
55
60
54%
54%
60
J-D
Series
No.
29
No.
30
J-D
(City)
s
91 y4
86%
86%
8'6%
20
85%
86
88
35
83%
91%
2
99%
104%
J-D
86 y4
J-D
86%
F-A
88
M-S
J-D
1978
91%
1
87 y8
86%
3
85
92%
89%
J-D
A-O
107% 108
al09%
109
4
106%
109
107%
114%
—
*41
62
■
50%
62
48%
37%
49%
50
62%
55
55
2
10
37%
50%
17
A-O
42
40%
42
A-O
—
55%
55%
1979
A-O
40%
42
1952
J-D
—
J-D
—
1944
1979
A-O
—
J-D
60
J-D
*55
37%
56y8
38
49
37%
49
48%
42
3
60
60
27
59%
57%
58%
45
46 %
60
57
51
6
J-D
8
J-D
3%s
Series
No.
9
J-D
3%s
Series
No.
3%s
Series
No.
3%s
Series
No.
3%s
Series
No.
*55
61
*55
J-D
7
No.
62
✓
52
__
22%
18%
25%
25%
25
25%
25
M-S
Sep 1961
1962
M-S
25
A-O
A-O
M-N
1957
25
J-D
J-D
1961
24%
247/a
25
"l
J-D
25
A-O
M-N
—1962
M-N
-I960
M-S
25%
25%
r25
25
AChinese
(Hukuang
Ry)
*55
60%
5s
1951
"4
25%
.22%
19%
25%
23%
25%
19
25
~8
18%
26
20
3
23%
18
25%
20%
26
18%
25
19%
14
25%
23%
25%
~9
18
18
25%
25%
"7
17%
25%
For Financial institution*
FOREIGN
60%
1
FIRM TRADING MARKETS
C.RBL MARKS & CO. INC.
65
57%
65
FOREIGN SECURITIES SPECIALISTS
64%
53
SECURITIES
62%
54
60
50 Broad St., New York 4, N.
Y.
■
J-D
__
J-D
58%
J-D
3:
J-D
*60
63
*58
—
——
58%
60
~
49%
60
48
60
*58
5
58%
58%
Telephone HAnover 2-005#
59
29.
~
V"
*"
23%
18
19
25%
7%
J-D
23 y*
18%
21 y4
25%
26
*26
25%
25 %
24%
18%- 26
r,
20%
*26
M-S
_1960
25%
18%
22%
*26
1962
25%
24%
20%
*26
J-D
A-O
1961
assented
AGuaranteed sink fund 6s___
7s
23
*26
1961
6s
____
29
26
*26
25%
1961
Cons Munic
25%
*26
M-N
26
18%
19 y4
*26
1963
19%
3
14
*26
J-J
1963
A6s assented-
3
*26
F-A
6%s
sink fund
63
60
*55
__
39%
19
J-J
6%s
fund
60%
No.
105
39%
F-A
A6%s assented
61
48
No.
103%
*26
1957
Bank
61
58%
Series
38
*37
61
42
58%
Series
104% 105
J-J
61.
15
59%
Series
J-J
M-N
1962
Mortgage
101%
105
A-O
Afl%s assented
102
\
103%
A-O
6s
99
13
1960
assented
49%
43
J-D
3%s
6s
94
11
59
101%
41
61%
J-D
__
25%
94%
100
Sep 1961
49%
—
61%
43
*55
J-D
26
25
95%
95%
Feb 1961
AExternal sinking fund
A6s assented
A7s assented
25
26
4
104 % 105
100
104%
Jan 1961
assented
A 6s
25
95%
J-D
Jan 1961
sinking fund 6s
AGuaranteed
M-2V
F-A
1960
assented
ASinking
A-O
Feb 1961
(Plan B)—•
5
page
fund 6s
AExternal sinking fund
AChile
95 %
62%
r
42
95 %
M-3
49 y2
5
f 7s
assented—
A 6s
52%
1942
s
assented
AChllean
—
1978
3.5%)
92
23
110
*55
102
93
100% 100%
J-J
J-D
99
97
48
59
1942
8s
External
ARy external s f 6s
A6s
60
59
1958
1950
1960
1961
1954
4s
sinking fund 6s
AExtl
73
*58
59
1957
f 5s
A 6s assented
40%
87%
59%
*58
J-D
Series
40%
38
60%
J-D
38%
3
50
28
A 6s
60%
58
27
AExtl
60
60
60%
63
No.
AExternal sinking
231
*55
No.
SA7s
51%
51%
47%
60
*58
J-D
Series
3%s
(City)
60
60
J-D
.;
Series
(Rep)
60%
44
52
60 %
55
'
J-D
25
Series
1
60
*55
55
47 y8
45
63
*55
J-D
>—
24
Series
31%
27
59%
*55
J-D
Series
Series
Series
60%
59%
59
J-D
Series
31%
105
1979
1
see
No.
31%
91%
3%s
footnotes
Series
7
89
3%s
For
3%s
7
91%
1957
1927
(Int reduced to 3.375%)..
External $
60
A 6s
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
/.
51%
40
99% 100
1957
1926
Stamped pursuant to Plan A
Unt reduced to 3.375%)
A7s (Central Ry)—
Stamped pursuant to Plan A
8%
60
40%
99%
1941
8s
to 3.375%).:
f 6%s of
*58
40
91%
;8tamped pursuant to Plan A
1
AExternal
J-D
31%
F-A
1955
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal
16
31%
J-J
1955
external
'
.
No.
10
32
Australia
Series
31
31%
A-O
A Antwerp
60
3%s
2
31%
2d series__1957
f 7s
40%
60 Va
52
"I
31%
f 7s 3rd series__1957
s
92%
31%
33%
31%
65
65%
High
60
Sinking fund gold 5s
5
BVA
*58
Sinking fund gold 6s
(Dominion of)
13
Low
84
J-D
J-D
Brisbane
64
Range Sine*
January 1
m.
14__
25-year
F-A
Sold
-t
60%
59
59
High
15—-1
3%s
NY 1-1693
Low
No.
3448
Teletype
Bonds
Bid & Asked
•
No.
IA Chile
1945
s
f
■"
Series
A Carlsbad
1945
f
■">(',t
Week'* Range
or Friday's
Last
Bale Price
Series
3%s
(Colombia)—
1945
sec
Period
3%s
Canada
1947
*100.17
100.19
3%s
3%s
Broadway, New York
f 7s series C
sec
80,000
3%s
f 7s series B
s
15,000
99.28
Exchange ^
"i •"■■
3%s
Wertheim & Co.
f 7s series D
AExternal
98.28
*99.20
3%s
s
AExternal
*98.20
99.20
3%s
s
AExternal
Stock
York
•»
3%s
lAExternal
s
98.28
99.20
3%s
fAExternal
IA External
*98.20
3%s
(King of Norway)
(Dept)
98.22
99.20
Interest
BONDS
New
High
Foreign Govt. & Municipal
sink
98.22
3%s
Members New York Stock Exchange
100.19
99.17
3%s
REctor 2-2300
AGtd
99.25
Range Since
January 1
10313
Telephone
lAAntioquia
99.24
Friday *
Bonds
Bid & Asked
Foreign Securities
Akershus
98.25
99.28
*100.1
*100.17
Registered-bond transaction.'
..
J-D
98.25
99.28
*100.1
100.19
100.17
Week's Range
City
1980
*100.16
99.29
Low
Tranpit Unification Issue—
3* Corporate Stock
100IS
98.31
1972
lot
foO.18
*100.16
Development
1957
Odd
100.1
*100.1
*100.2
100.19
101.31
for
10-year 2%s
Interest
Exchange
*101.18
1951-1955
25-year 3s
Friday
BONDS
1950-1952
1951-1953
Treasury 2s
Treasury 2s
Treasury 2s
Treasury l%s
Treasury l%s
Reconstruction
Agricultural Mtge Bank
|AGtd sink fund 6s
101.3
101.13
International Bank
Stock
2,000
100.22
100.21
100.20
*101.11
July
Registered
100.21
100.19
100.22
101.14
102
York
100.19
100.21
*100.20
*101.12
103.4
New
100.21
*100.19
100.22
101.15
Dec
York
♦100.19
100.20
*100.20
*101.13
Dec
New
100 20
*100.18
100.22
Mar 1950-1952
95
and
*100.18
100.21
*100.20
2s
95
•Bid
100.21
*100.19
1948-1950
Treasury
Jan
Apr
*100.19
1959-1962
Dec
101.13 Mar 22
July
100.26
1959-1962
Dec
2s
1
Apr
102.4
Jun
2y4s
101.10 Apr
Apr
101.20
102.30
.
2
2%s
Treasury
Treasury
Treasury
4
Mar
Treasury
Treasury
Mar
100.4
1967-1972
Treasury
105.18 Sep
101.7
Jun
Treasury 2V*S
Treasury 2y4s
Treasury 2VtS
Jun
100.7
2%s
2%s
Treasury 2%s
105.17
102.26 May
the Week
Bends (•)
High
1955-1960
1951-1954
Treasury
May
Bales fer
Friday
•"'"■''May 28
Thursday
May 26
„
♦103.il
Treasury 3 y»s.—,-:—--—-1949-1951
Treasury 3s
1951-1955
111.23
Low
High
SALE
Wednesday
Tuesday
May 24
May 23
Teletype NT 1-971
25 y4
26
(2382)
THE
COMMERCIAL
NEW
&
YORK
FINANCIAL
BOND
CHRONICLE
Monday, May 31, 1948
RECORD
RANGE FOR WEEK ENDED MAY 28
Friday
bonds'
New
•>.
York
Stock
Colombia5 (Republic
A 6s
;;;
1928—
.Oct 1961
Jan 1961
5
lAColombia Mtge Bank 6 Vis
IA Sinking fund 7s of 1926
A
.
M-N
.
El
Salvador
4s extl
ser
64%
63%
64%
11
53%
M-S
F -A
J-D
114%
J- J
110 %
1( 1976
17
59
67%
88
54%
*37
41
*5
*102'/a
M-N
7%
1968
F- A
6%
A-O
I960
82
M-N
Amer &
86%
22
22
31
M-S
*25%
27
—
16%
17
12
19%
25%
26%
10
18%
28%
20
20%
16%
A-O
*5%
J-D
31%
M-N
J -J
9%
31%
*6
62
—
—
1
*5
Q-J
Q-J
J -J
10%
J- J
12%
J -J
37
35
9
7
7%
13
36
4
A-O
*12%
25%
r24 %
--
7
*—
22%
MS
1-31
Plan A
MS
M-N
M-S
A-O
72%
F-A
70 %
~1970
69%
J-D
39%
22%
r31
--
12%
6
3s
A
30%
1st
de Janeiro
external
Plan
8s
72%
80
68%
63
67%
s
66%
73
69
84%
15
80%
84 %
22%
102
17
14%
A-O
14%
15
17%
15
15%
93
14%
5%
A-O
A-O
A-O
9%
——
7%
J.J
J-D
*11
7%
5
35
£'%
*31
8 %
secured
A4Vis
B
(Prov
J-J
—
*24%
30
*23
J-J
31
A-O
--
26%
F-A
--
26 %
A-O
A-O
J-D
22
—
1-30
22%
8
2
6
—
—
*24 %
30
30
30
r'
22
100%
1027a
*96%
--
77
97 %
—
81
96
1
100
122
123
85
11574
111
123
111%
32
106%
111%
101
104
75
103 Vi
105
111 %
1237a
July 1952
M-N
*103%
M-S
104 %
104%
102
104 Vi
102 %
1948
J-J
23 Vi
26
19
Atlantic
23 Vi
15%
267a
1966
J-J
97%
100 74
1037a
Refining
2%s
debs
*99% 100
407a
B
Baltimore & Ohio RR—
1st
mtge 4s»
1st
mtge
57c
17c
Ref &
July 1975
(47c
B
ser
mtge 5%
37o
(2%
a-o
92%
92%
93%
85
82
94
a-o
95%
95 %
97%
63
86
98
fixed
contingent int)— July 1975
gen
and
A
ser
fixed
contingent interest)—
G
due Dec 1 1995
J-D
70
69 %
70%
180
58 %
70%
Series K
due Mar 1 2000
M-S
69%
69
70 Va
138
57%
70 %
due Mar 1 1996
M-S
69 %
69
70
57
70
due Dec 11995
J-D
7774
76%
7874
101
67%
78 %
Feb 1 2010
May
53
52%
54
546
45 Va
54 V'4
M-N
90%
90
907a
20
8174
917a
J-J
79%
79 Vi
80 Vi
19
70%
CO O
85 %
86
5
77%
86
967a
Ref
93
& gen
mtge 67c <2%% fixed
3%% contingent interest)—
and
J
income
conv
Ref
4s
series
S'western div
.-
A
1st
1980
,
mtge 57c
ser
A
(3%7c fxd & 1 % 7c cont int)__1980
Toledo Cincinnati division
vN
-
1st
lien
ref
&
M
4s
D
ser
1985
J-J
—
97a
33
27
27
26
33
347a
24%
26%
27%
32%
18
34%
J-D
26%
—
72
*22
J-D
28
25 %
M-N
*35
25%
37
Bethlehem
Cons
ser
I
1970
1st
r30
M-N
*22
2
9672
—
99%
119
44
122
2%s
ser
J
1976
M-N
AC
1967
M-S
99%
8974
947a
97 7a
96
*99
__
100
997a
967a
—
98%
& Maine RR—
mtge
series
5s
5s series II
AInc
00 00
CD X-
90
*102
100
101
102 7a
1955
A-O
*83%
90%
1960
mtge 4 Vis ser A
M-N
1961
mtge 4%s series JJ
mtge 4s series RR
J-J
84 Vi
84 7a
85%
12
72%
857a
M-N
56%
5674
57
78
50
607a
July 1970
ABreda
(Ernesto)
Co 7s
1954
__
_
F-A
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 4s debentures...1969
F-A
Gen
mtge 2%s
1976
Buffalo Niagara El 1st mtge 2%s„1975
Buffalo Rochester & Pgh Ry—
Stamped
3 7c
Bush
modified
to
(interest
May 1.1947)
Terminal
Consolidated
1st
_
_
19
1027a
II
97%
*
M-S
99
17
SI 7a
27
92
99
--
_
99
100
A-O
1960
27
86 Vi
100
7
95%
68
115
93 7a
J-D
1974
—
59
*100 7a 102
100
68
1017a
92%
14
1057a 1057a
9
92 Vi
A-O
1976
__
J-J
Bush Term Bldgs: 5s gtd
67V4
67%
M-N
1955
102
88%
96
105
107
C
27%
Calif Oregon
31
Canada
Power 3%s
Southern
cons
National
gtd 5s A—1962
34
Guaranteed
24
23
Guaranteed gold; 5s
Guaranteed gold 4%s
24%
27
Guaranteed gold 4%s
Guaranteed gold 4%s
18
31
33%
35%
25
25%
29
31
22
27
gold
gold
*100 7a 104
99
103%
10074 10074
"3
997a
10174
A-O
104%
1037a 10474
72
r-1 O O ^0
105
J-J
114 V j
114
24
111%
114%
M-N
__
Ry—
32
2
--
at
1957
5s
—
—
90%
J-J
M-N
—.1952
due
4s—+
Guaranteed
36
J-J
1999
4Vis
1957
5s
..Oct 1969
J-D
1956
1951
F-A
M-S
Pac Ry 47o deb stk perpetual
Carolina Clinchfield & Ohio 4s
1965
M-S
Can
J-J
8
108% J. 09%
108% 109%
*108% 109%
F-A
1955
114%
108% 108%
A-O
—1970
29
16
J-J
J-J
1st
mtge gtd 4s
Celanese
Celotex
--
112%
112% 112%
10
111%
112%
112% 112%
5
110%
112%
107 % 107 Va
9
106%
96
96%
108
97%
196
107% 108
82%
5
107%
a
97%
107
108%
3%s
Corp 3s debs
Corp 3%s debs
debs
(1947:issue)____
*28
r38
40
36 % r33
—
'
29%
29%
M-S
29%
~2
5
—
—
39
36%
46
27
38
34
40
2004
J-J
27%
27%
1
27%
34
J-J
34%
34%
2
32
41
A-O
25 %
26%
3
25 %
A-O
88
83 Va
89
5%
M-N
5%
J-D
5%
5%
13
J-D
J-J
8
t
!
F-A
99 %
100%
102%
99
__
100
*100
1948
J-D
78%
80%
F-A
83
78 Vi
8374
60
63 7a
8374
M-N
70%
64
737a
172
39%
737a
13%
14%
74
67a
12%
14%
341
6%
J-D
78 7a
79
10
J-J
32
32
2
Central
73
Illinois
Light 3%s
3
A 5s
3
67
76
Central
registered
York
5%
2
4%
77a
,
5%
10
3%
7%
1st
13
9%
90
1
6
—
7
13%
5
9%
85
90%
&
ref series
<4%%
to Aug
A-O
13
147a
14%
52
18%
*107 7/a
79
32
107
Power
3s
A
1
A-O
1987
1987
J-J
60
59 Vi
6274
340
37%
637a
Q-J
59%
5874
60%
572
357a
61%
J-J
54
54
18
32%
1987
-—
4s
New
A-O
1987
registered
AGeneral
*79
1966
§ACentral of N J gen gold 5s
1st
m-n
1958
102% 102%
A-O
67%
Nov 1945
§AConsol gold 5s
1945
ARef & gen 5%s series B.
1959
A Ref &• gen 5s series C
1959
AChatt Div pur money gold 4s__1951
§ A Mobile Div 1st gold 5s__
X946
1st gold 4s
JCentral of Georgia Ry—
§ A 1st mtge 5s
Central Pacific 1st ref gtd gold
1962
58%
16
F-A
A4s
73
70
1960
357a
88
A-O
*65%
J-D
—
29
Q-J
1974
A-O
4s_1949
F-A
——
;
*50
1077a
5574
32%
50
1017/a 102
97%
10274
102gO
102gO
38
1027a
1037*
101
102 go
17
102
.
1949)
mtge 3%s ser B
X
SACentral RR & Banking Co
'•]
f
—.1981
1965
1960
—
ACent Branch U P
J-J
1950
1958
96 %
_
'
1-30
—1957
88%
122
*__
—
J-J
1st mtge
1st
88%
29
122
__
M-N
2%s
mtge
Cons
14
96'%
101
Corp—
mtge
Boston
1st
Steel
95 Vi
*99%
Carthage & Adironack Ry—
*25%
.,—1962
29.
A-O
3 Vis
Bell
26%
29
A-O
M-N
1978
95 Vi
A-O
Telephone of Pa 5s series C__1960
Beneficial Indus Loan 2%s debs
1961
95%
J-J
1951
1st
22
—
*22
M-N
1999
95%
J-J
1951
27
(Kingdom)—
3Vis
1951
Extension
37%
2012
7s
4s„
stamped
Creek
27%
A
extl—X—
ref
4s
Beech
13
6%
33
1968
1963
—
M-N
__1956
For footnotes see
page
53
78
25
26%
"I
—
external
Council
mortgage 3%s
Canadian
J-D
1936
assented—
Sydney County
102Vi 1027a
98 74
9%
1940
extl
1027«
78
M-N
California Elec PoXver 1st 3s
r30
F-A
1966
loan
sec
101
16
17
5%
24
—
—
2004
7s
of)
17
7
4
—
2012
Croats
series
114
-
A-O
;_1957
Serbs
A 7s
A-O
102%
20
*9
*7%
'*17
J-J
2012
(Int reduced to 3.5%)—
A8s
102%
9974
11674
39
9%
A-O
A
f
j 5,
}
102
91%
106%
37
17%
Stamped pursuant to Plan A
A Silesia
102 %
957a
20
506
-
387a
17
119
1968
gold
2.25%)
& Slovenes
93%
A-O
90%
46
95%
98
115% 116%
J-D
27
15%
1999
(Int reduced to 2%)
4/
32
22
15%
Stamped pursuant to Plan A
f
32
15 %
A
A6s extl dollar loan
s
106
15%
1946
Stamped pursuant to Plan A
(Int reduced to 2.25%)
IA Secured
93
15%
A
(Int reduced to 2.5%)
water
95
80%
15%
1953
(Int reduced to 2%)
Paulo (State) 8s
extl
~9
J-D
Stamped pursuant to Plan A
A 7s
94%
05%
93
72%
M-S
1946
,,:(Int reduced to 2.5%)
A8s external
t;
1087a
J-J
92
91
—
2012
Stamped pursuant to Plan
v;
10174
1948
92
Stamped pursuant to Plan A
|ASan
303
1964
93%
5
11
7s 1967 stmp pursuant to Plan A
(Int reduced to 2.25%)
2004
ARome (City of) 6Vis
1952
ASao Paulo (City). 8s
1952
Stamped pursuant to Plan A
(Int reduced to 2.375%)
2001
A6Vis extl secured
103%
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
94%
71
69%
Stamped pursuant to Plan A
to
92%
98%
1995
97%
22 %
2001
(Int reduced to 2%)—
A7s external loan of 1926.
reduced
98
8574
Ry—
75
A
2.5%)
fund
92%
80
115%
July 1 1995
Line
20
*84
A
Stamped pursuant to Plan
(Int
4s
78 %
37
1961
(State of)—
1921___
sink
61
J-D
A-O
A4Vis
*—
1963
Stamped pursuant to Plan
A6s
40
97%
J-D
1966
9674
96%
Pgh Lake. Erie & West Va—
71
M-S
1950
of
(Int reduced to
90%
10374
92%
108
Q-J
25
*70%
J-D
1947
8s
(City of)
Sul
85%
91%
95
108%
A-O
95%
69 %
M-N
1940
7s
(Int reduced to 2%)
loan
A-O
.1969
22%
4
106
1961
Stamped pursuant to Plan
extl
119
97.%
92 %
J-D
July 1995
90
22 %
I960
ser
Stamped pursuant to Plan
IA 8s
78
94%
1962
deb 3s
Atlantic Coast 1st cons 4s
General unified 4 Vis A
33
1959
(Int reduced to 2.375%)
AExternal sec 6Vis
i.
Rio Grande do
84
9374
75
7
1987
1st gold 4s
Products Co 5s
Stamped
24%
*102
(Int reduced to 2.375%)
2001
7Vis 1966 stmp pursuant to Plan A
(Int reduced to 2.25%)
;2006
i ARlo
96%
100
82
94%
•
77 %
1957
debentures
Atlanta & Charlotte Air
32
19%
M-S
1968
to
pursuant
debentures
W
31
30
M-S
2008
A4Vis assented
Stamped
92 %
1982
debentures
conv
debentures
P
13%
18
70
A
gold 8s
APorto Alegre (City of)
94 %
1961
__
71%
■£
A-O
1958
A4Vis assented
AExternal sink fund
debentures
Atchison Topeka & Santa Fe—
General 4s
9%
1
1947
A4 Vis assented
f
77%
M-S
J-J
13
1
1967
8APoland (Rep of) gold 6s
s
J-D
75
10774
97
2
99
84%
104%
10374
99%
F-A
Con
ZZl994
6s 2d
loan
99
*83%
*98%
28
1007a
~4
107
Bangor & Aroostook RR—
(Int reduced to 2.125%)
APeru (Rep of) external
7s
ANat loan extl s f 6s 1st ser
AStabilization
*7
197a
29
104%
A-O
2030
77
77
A-O
1963
fAPernambuco (State of) 7s
Stamped pursuant to Plan
r
5s
91%
22%
1963
ref 3Vis series B
f
•
Telegraph Co—
*90
1957
(Republic)—
Stamped assented 5s
Stamp mod 3 Vis ext to
s
10%
5
1966
Ann Arbor
A
ANat loan extl
7
8
M-S
8%
7%
Panama
sec
107
A-O
Series
2008
1957
1955
*104
107
A-O
12
6%
12%
__
15
1956
debs
&
*25%
M-N
J-J
1980
and
25%
27%
25
Series M
MS
(City) sink fund 4 Vis
3s
A-O
.—1975
*13
J -J
83
16
10%
8
*9
J -J
31%
16
12
6 %
12%
7%
7
7%
*5
J-J
5
0
*13
12
J-D
M-S
f 5s
1967
,—1986
conv
Series
ig65
1952
3Vis
Foreign Pow deb
Amer Tobacco Co
34
4'As
*6
debentures
2%s
27%
28
loan
*8%
debentures
2%s
,
J-D
external
90
debentures
2%s
23%
12
1956
92
77
2%s
2%s
100
J- J
2.125%)
80
2
2%s
,
13%
1959
6
80
2%s
,
J.J
(Kingdom) 3%s
Norway (Kingdom of) 4 Vis
Ext
Airlines
American Telephone
7%
12
1968
83
80
83
J-J
F-A
Allis-Chalmers Mfg 2s debs
9%
1977
agree
83
mtge 3Vis
1972
Albany & Susquehanna RR 4%s__1975
.Alleghany & Western 1st gtd, 4s__1998
78
35
2.1l,i%)___2008
s
51/8
16%
£..1945
F-A
1st
,
6%
50
19%
1958
to
extl
4
1952
f 67as
to
11
*100
to Plan A
Netherlands
5
6%
16%
1952
pursuant
7%
19%
agreell968
76
F-A
Power
104
ZZZZl951
1899
78
10
1958
Alabama
,
J-J
1954
11
77
1978
external 7s
Southern
41
J-J
7s__1957
78%
76%
*24%
Great
,
55
86%
85
78
RAILROAD AND INDUSTRIAL COMPANIES
48%
38
1977
(State)—
external s f 67as
to
44%
101
73
J-D
—1984
AAdriatic Electric Co 7s—
68
1977
Geraes
Municipal Bank
7%
6%
50
—
..
121
73
A-O
Alabama
20
M-S
I960
1942,
pursuant
J- J
J -J
1949
.
extl
90
'
58
121
—
747a
130
M-N
'
1967
4s of 1910
1945
Ass'td to Nov. 5,
1942, agree. 1963
lATreasury 6s of 1913 assent
1933
AAss'td to Nov. 5,
1942, agree.1963
A Milan
(City of) 672s
Oslo
73
65
33
7
SAAssenting
f
71 %
66%
83 %
6
Jan
1942,
s
95
83
118
73
*110
74%
——...—1958
(City)
117
1978
7s.—_—,—1952
A4%s assented
High
—
__
110%
68
83%
67
1943
fund
AWarsaw
Low
No.
—
conv.
Provinces
Range Sine#
January 1 £
Sold
High
*110
M-N
1937)
Bonds
Friday's
*110
M-N
M-N
Venetian
»
70
46 %
1945
Ass'td to Nov. 5,
1942, agree_l963
4s of 1904
1954
Ass'td to Nov. 5,
3Vis
J- J
A
110
60
67
AAssenting
(Int reduced
108%
35
—
*52%
46 %
8 A Assenting 5s of 1899
s
101%
." 118
112
6s—
of
4-4%-4 Vis extl readjustment
3%s extl readjustment^.^.
18
53
*68%
J- J
7s
extl 5s of
reduced
100
fund
F-A
1960
110%
A-O
or
Bid & Asked
1946
6s
bond
($
3%-4%-41fi)Js extl
102 gi
60
J- J
to 3%
Nov 5,
-#;;4s sink fund
1
1,1976
1947
,External sink
110% 110%
: *68%
__
1, 1976
Mexican Irrigation—
5 A4V2s assented
Stamped
52
jan
1964
ASec external
114%
13%
102%
extl 8s
fund
1964
American
AExternal 7s_
(Int
101%
112
F-A
Altaly (Kingdom of) 7s
AJugloslavia (State Mtge Bk)
Medellin (Colombia) 6V/2S
Stamped
6
__
A-O
A-O
Public Utility—
Credit Institute 1% to 3%__
A Sec
15%
*100
A-O
ZIIIZZl962
Italian
Minas
14%
_
*102%
Sale Price
readjustment
1979
External ^conversioni-X—JsX-1979
79
M-N
M-N
sink
3%-4-4Vis
82
__
Last
Period
External
44
1942
B
(US)
AExternal
44
......
58
*38
Jan
1%
42
42%
1955
Italian (Republic) extl s f
l-3s
Italian Credit Consortium
for
SAMexico
__
Intereet
>
.
Exchange
(Republic)
sink
41%
14
1952
A6s part paid
Ass'td to
.
Stock
AExternal
45
41%
54
§AUruguay
75
38
__
Helsmgfors (City) ext 6%s
Irish Free State extl s f
5s
,
30
70
A.1951
paid
series
70
39%
65
1953
French Republic extl 7s
Greek Government-
§A7s
73%
York
Low
of)—
3 /as extl s f $
-3s extl sf$
AEstonia (Republic of)
Public Works
'■38
70
BONDS
New
High
70
1949
_
V
A 7s
part
39
1949
f $—
s
6
*41%
1977
(Republic
70%
Low
J-D
Stamped assented (int reduced
to 6%)
extended to.'
___1960
..
No.
Week's Range
Friday
Range Since
January 1
F-A
1951
5Vis
SADenmark 20-year extl 6s
External gold 57a s
External gold 4%s._
High
*70
A-O
1953
Czechoslovakia (Rep of) 8s
ASinking fund 8s series B
Sold
1952
Rica
%■ Sinking fund
70
Bonds
1947
4 Vis
External loan 4 Vis
4Vis external debt__
•
70
A-O
1946
(Rep of) 7s
(Republic of) 5s of 1914__
Cuba
Bid & Asked
J-J
1947
IASinking fund 7s of 1927_~
Copenhagen (City) '5sXXXX:
ACosta
A-0
1970
4 V*
gold
Sale Price
Low
A6s of 1927__
3s external s f $ bonds
25-year
Last
Period
of)—
5
of
Week's Range
or
Friday's
Interest
Exchange
1974
F-A
1968
F-A
5s stamp
(partial redemption)-.1942
Champion Paper & Fibre deb 3s__.1965
J-J
M-N
—
387a
9
36
*99
96%
53
1047a 1047a
46
38%
102
1017a
104%
29%
387a
'
•
96
1
99
j
Volume 167
Number 4703
THE
COMMERCIAL
NEW
&
YORK
FINANCIAL CHRONICLE
BOND ' RECORD
RANGE FOR WEEK ENDED MAY 38
•
'
BONDS
New York Stock Exchange
Interest
Period
Friday
Last
Sale Price
or
Friday's
Bid & Asked
Low
Chesapeake & Ohio Ry—
General
Ref
&
gold
4%S
&
1958
4%s series B
1977
1st
&
ref
mtge
3%s
ref
mtge 27/8s
111
mtge inc conv 5s__
mtge 3%s ser B—
100 3A
106
115
117
110Vi
inc
mtge
Chicago Ind
110Vi
Milw
St Paul
mtge 4s
Gen
mtge 4%s
4%s
inc
conv
&
Pac
inc
mtge conv
1st
mtge
Jan 1 2044
110% 111'/a
100
100%
97
98'A
Firestone Tire & Rub 3s -deb.
{Florida East Coast 1st 4 Vis.
A
ACertificates
Gas & Elec of
105'/a
General
71 'A
A4s
56
Pacific
1994
A__Jan 2019
ser
New Orleans
&
mtge 3'/as
Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'eastern
Ry—
1st & ref M 23/4-4,/iS
Income 2%-4'As
5s
cons
1949
1952
i
1962
1st mtge 23/4S
Terminal—
Co
Cleve
&
Cin
Chic
General
gold
General
5s
Cin
St
Louis
1st
B
Div
106%
991/2 100'/a
17
98
Gen
4s
trust
4s
AAdj
105
1972
1973
extl
Ohio
Tol
1st
1961
1977
1980
1971
gold 4s__1948
El
3 Vis
1970
4s
extl
1955
105
2
*100%
mtge 3s series L
101
99%
1st
&
ref
mtge
25/aS
ser
B
1977
&
ref
mtge 2%s
ser
C
1972
&
3s
ref
series
debs
conv
D-
1972
wi
1963
Consumers Power
1st mtge 27/aS___1975
Continental Baking 3s debs
1965
Crucible Steel 1st mtge 3 Vis
1966
§ACuba
Northern
Ry 1st 5'As
receipts
5s gold
A Deposit
receipts
A7Vis ser A deposit rets
1942
1st
1952
1946
deposit rets
106Vi
106Vi 107'i
8
105 Va
105% 105%
17
102 Vi 103
&
Co
1946
6
101
100%
107%
109'A
56
Delaware
102%
Extended
lOO'A
106
Y
Lack
&
96 Vi
103
1st & ref M 5s
Collateral
101%
A Income
mtge
6'/a
63
10'/a
102% 102%
100%
102%
2044
*96
94'A
96'/a
127
127%
119'A
127'A
97
97%
94%
1962
93Vi, 94
1949
'102% 105'A
65%
57%
68
2aVi
26%
171/2
27
A
1981
1951
^
102
1951
1952
3Vis
trust
103
104
1952
gold 4s
95
102
101'A 1021/4
107%
107% 108
Bridge gold 4s
89
1950
*104%
gold
97%
95
98
94%
94%
92%
97
I_
101%
103%
106% 106%
106
107'A
92'A
101%
98
101%
99%
96
100
94
88
94
Cent
Joint
and
1st
St
5s
L
&
series
N
I_
1951
1963
1st & ref 4Vis series C
55%
52%
55%
42
37%
42%
83%
83%
80'A
83%
36'A
32%
36'A
A 1st
35'A
33%
371/2
A
37
A 1st
5s
35'A
34'A
96
99'A
101
95'A
97
100
100% 100%
97
101%
2Vis
—
96 Vi 100
89%
92%
__1963
85
85
1970
*100% 101
_1950
C___
ser
100
*102% 105
__1963
gold 5s series C
351/4
*35
.Ref & Imp
100
O—
A
1st ref
mtge 4s ser D__^_
Illinois Terminal Ry 4s ser A
Indiana 111 & Idwa 1st
gold 4s
Indianapolis Union Ry Co—
55%
89%
104'A
97
*100%
Chic
ref
104%
102 'A
108%
*99
Registered
99%
102% 103%
77
*99%
95'A
111
„
95
102%
*97Vi 100 'A
1951
3Vis
103Vi
104%
IOIV2
*101% 102 %
1951
1st
89%
*100
1951
Springfield Div.
98
87
99%
98
98%
1955
St Louis Div & Term
gold 3s
Gold
3 Vis
;
107%
97
99%
104 Vi
1966
4%s
Western Lines 1st gold 4s
101
102% 103%
104
*101
40-year
106%
102
1951
1955
lines
103V2
100%
1951
3%$*
1953
Cairo
99'A
95
105%
631/2
Litchfield Div 1st gold 3s
1951
Louisville Div & Term gold 3Vis_1953
Omaha Div 1st gold 3s
1951
*96
98
88
1041/4
1957
Refunding 5s
__
—
101'A 101'A
__l986
{International Great Northern RR—
6s series A
'
1952
62
series
B
63 Vi
28%
Adjustment 6s series A___July 1952
31
1956
57 Vi
59
1956
58
60
1944
62'A
__1972
'95
63
101 %
99%
103'A
1031/4
1031/2
100
4s extended-
ser
10'/2
9'A
Feb 1957
5s
1st gold
Purchased
58%
103 %
Western
63
1970
sterling
Collateral trust gold 4s__
—
102
89
Delaware, Lack & West RR Co—
N
95'A
70
1999
1st gold 3s
u
98%
2%s debs
& Hudson
81 Vi
91%
1976
Telep 2%s series
IO71/2
104
51
B
ser
74
96
1969
Jan
Refunding 4s
55
Dayton Pr & Iyt 1st mtge 2%s___
Deere
81
1975
§AInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B__
1st mortgage 3s
Dayton Union Ry 3'As
81
*95
mtge 2%s__1976
35%
1st
B
ser
98
July 20,15
B
A 1st
A 6s
91
81
1959
M 2%s
41'/4
^/Deposit
ACuba RR
827/a
RR—
1st gold 3 Vis—
1961
1st
3s
91
10 Vi
Illinois Central RR—
1st gold 4s
99%
1951
Consolidated Cigar Corp 3'As
1965
Consolidated Edison of New York¬
ist & ref mtge 2%s ser A
1982
income
Illinois Bell
*101'/2 103
99%
1977
Conn Ry & L 1st & ref 4 Vis
Conn River Pwr s f 33/4S A
1st
95'A
91
104%
Commonwealth Edison Co—
1st
88
106
100%
__
1031/2
103'A
105'/a 106
1948
mtge 4Vis series C
Colorado & Southern Ry—
4Vis (stamped modified)
Columbia Gas & Elec 3%s debs
Sou
95'A
V
*64'A
Hudson Coal 1st s f 5s series A
Hudson Co Gas 1st gold 5s
Hudson & Manhattan 1st 5s A
1982
1st
&
95'A
1961
Valley Ry 1st 4Vis
Household Finance Corp 2%s
1970
mtge 5%s series A.
mtge 5s series B
&
116%
90
1982
Hocking
1990
4Vis
Terminals Co—
Columbus & H V 1st
123%
93
100 Vi
1991
gtd
Columbus
112
116
110
9 7'A
__
ser
Utif 1st
Hackensack Water
1950
Columbus
mtge inc 4s
Gulf Sta'tes
1977
1st
coll
Series D 3Vis gtd
Cleve Short Line 1st
1st
102
1993
mortgage 3s
Cleveland & Pittsburgh RR—
Series C 3 Vis gtd
1st
106'A 106'A
109 Vt
122
1966
1st
Union
105%
106'A
Ry—
Cleveland Elec Ilium 3s__
Cleveland
103
1993
Mich
Div
104Vi 105
1961
Louis
4s
series
&
104%
lllVi 111%
116% 116%
1974
impt 4%s series E
Wab
102 '/a
101
122
2010
B
Ohio
86
971/2
2000
1st & ref 4s series B__'
Gen mtge inc 5s ser A
1st & ref 3%s series D
104%
100
&
81VA
1969
debs
4s
St
102Vi
101% 101%
1975
mtge gtd 33/as series E
1st mtge 2%s ser G—
City Ice & Fuel 2%s debs
City Investing
104V4 104%
1963
Mobile
85
4990
Greyhound Corp 3s debsJ.
1963
1952
ctfs
UlVi
1973
__1976
Q
ser
85
100'/a 100%
2%s_1965
O
ser
mtge 2%s
Debentures
Gulf
1st
Ref &
A
1994
1994
mtge 3 %s series P
Union
62
105
*102%
1969
mtge 2'As ser R
A Green
Bay & West deb ctfs A
Station—
1st mtge 27/as ser G
Chic & West'n Indiana conv 4s
1st & ref 4'As series D
Cincinnati
66
59
Utilities Corp—
Gen
Cine Gas & Elec
102%
50 Va
102'/a
Gen mtge 2%s ser P
5s___1951
Gen
1st
104
»100
42
I,
inc debs
General 5s series C
General 4Vis series D
Gen mtge 3'/as ser N
Ry—
1951
Union
•102
3
62 %
Goodrich (B F) Co 1st
mtge
Great Northern Ry Co—
General 5 Vis series B
Gold 3%s
Chicago
27
102 Vi
deposit.
Berg Co
Realty
conv
Gen
Chicago St L &
of
Francisco Sugar, coll trust 6s.
1989
&
103%
1st & ref 5s series AJ
'<•
4%s—Jan 1 1999
B
1st mtge 4s series A
Gen mtge conv 4'/2s
High
1956
A__Jan 1 2019
ser
Chicago Rock Island
Low
...
RR—
B
inc
3s ser
"
Jan 1983
Chicago & North Western Ry—
2nd
No,
Jan 2003
1994
ser
Ranee Sines
January 1
Sold
Ry—•
A
ser
Co—
Bonds
1st cons mtge 2s ser H
Ohio Div 1st mtge 3'As'—
Jan 1 2038
Chicago Ind & Sou 50-year 4s
1st
Railroad
High
mtge inc 4Vis ser A.
1st cons mtge 3'As ser E_.
1st cons mtge 3'/a s ser Flst cons mtge 3'/aS ser G.
1985
A 1st
mtge 4s inc ser A
A2d mtge 4%s inc ser A
Chic
Bid & Asked
__1997
4%s
Louisville
&
Week's Rang*
or Friday's
Gen
Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A___1938
AGen
Last
Sale Price
Low
104 3A
101'A
120
Period
High
130Vi
110%
RR—
AGen
1st
Low
Interest
New York Stock Exchange
110% 1103A
_1970
Eastern
-
121
1103A
„1985
&
&
BONDS'
January 1
*„
1989
1st
Chicago
No.
FrWay
Ranee Sines
116 Vi 116 Vi
1989
4s
ref
;
/
103% 104 Vi
104'/a 104 Vi
1996
Chicago Burlington & Quincy RR—
1st
•
Sold
129 Vi 130
1996
Ref & impt M 3%s series E
R & A Div 1st cons
gold 4s
2d consol gold 4s
1
General
High-
Bonds /
"
Erie
1992
1
impt mtge 3%s D
".U;/,Vv„
Week's
96%
James Frankl & Clear
Jersey
Central
Pow
1st 4s
&
Lt
1959
J-D
1976
2%s
Jf-S
div
C
due
Morris & Essex division
Coll
Tr
4-6s_
-May
Delaware
Power & Light
mtge & coll tr 3%s
1st
Kanawha & Mich
1
3s
1%
contingent
int)
ser A
(4%%
contingent int)
Denver & Salt Lake-
Plain
Income
mtge. (3% fixed
contingent int)
1%
Detroit Edison
Gen
&
&
ref
,*ASecond
gold
&
Chemical
108% 108%
103% 103%
I
97%
1st lien gold
4s
98
108
110%
1
102%
9
96
104%
3
-81
84%
68%
58'/a
4Vis
RR 2%s ser B.
2.35s
debs__
43
96%
38
38
28
Co 2%s_
{AKreuger & Toll
East Tenn Va & Ga Div 1st 5s.
Ed El 111 (NY) 1st cons gold 5s.
*145
Elgin Joliet & East Ry
*105
3'As__.
El Paso & S'western 1st 5s
stamped
For
footnotes
106
i
see
page
112% 112%
98%
' 48
100%
Laclede Gas Light 4%s conv debs__1963
29.
106%
*104% IO51/2
A 1st
1561/2
5s
105
;5s
103%
mtge 3Vis
ser
A
stamped
—,
1975
1970
Lehigh Valley Coal Co—
5s stamped „iJi.
112%
156%
100
1997
mtge income reg
Lehigh Coal & Navigation Co—
110
101% 106%
1997
Lautaro Nitrate Co Ltd—
:—1954
l
—1964
stamped
—-1974
Lehigh Val Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4%s ext_1950
63
98%
96%
103'A
100'A
114%
44
97
112V8
971/4
l'/a
103
97%
169
1959
ctfs
Lake Sh & Mich Sou gold 3% s
:
3Vis registered 1
F
*50
*98
102'A
98
100%
110 Vi
103
*112% 113
1997
63
98
102
*98% 100
1961
71
102
156Vi
5s
98%
102%
*114
._1964
98
S
;e 5s
unguaranteed
104'/a
96
4s_.
t§ ADul So Shore & Atl gold 5s__.
Duquesne Light
7
44
j.
Tunnel
Det Tol & Ironton
Dow
series
4Vis
94%
100% 100%
*102% 102%
_1961
Kings County El L & P 6s—
Koppers Co 1st mtge 3s
series HI
2%s
Detroit & Mack
Detroit. Term
•
3%s series G
ref 3s
Gen
*95
City Power & Light 2%Si._1976
City Southern Ry 1st 3s
_1950
1st mtge 4s ser. A
:
1975
Kansas City Terminal Ry 2%s
.1974
Kentucky Central gold 4si
1987
Kentucky & Indiana Term 4%S—1961
Stamped
,_1961
Denver & Rio Grande WCst RR—
1st mtge ser A (3%
fixed
AIncome mtge
1st gtd gold 4s__1990
Kansas
Kansas
99%
1
50
98%
112'/a
98
176
102'A
1%
28
THE COMMERCIAL & FINANCIAL CHRONICLE
(2384)
NEW
YORK
BOND
RANGE FOR
Friday
IntaraA
BONDS
New York Stock Exchange
or
Sold
v
4s
-
.
4'/as
registered
2003
stamped modified
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington A Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951
Af-N
Miami
4s
gen
Electric
series A
7s
A
High
319
27
38
Niagara
26%
34
Nonolk Soutnern
30
41%
30%
4s
ref
3s
Co deb 5s
(P)
37
Norfolk &
36%
46 Ya
North Central
Louisville
Gas
Louisville
&
1st
&
ref
Loub
Atl
Af-S
Af-S
3%s
series
F
2003
series G
2003
2d
&
Cine
1980
Div
4s
1955
Af-N
debs___
1972
M-N
1960
J-D
1954
J-D
—
74"%
Gen
4s
34
18
10153
102'/a
Maine
1st
& Co 2%s
Central
RR
4'/2S
mtge & con 4s
Manati
A
ser
ser
B
101
102
110'A
101
102%
Coll
13
105 Va
__
101
20
95
89
3
84
99%
112
101
101
1
72
73
10
97
72%
97
J-D
Af-N
*100%
A-O
*100
A Sag
3%s
89%
96 %
109%
t§AMidland of N J
1st
Paul
mtge
&
1st ext
inc
A
84%
94%
20
Oregon-Washington RR 3s
Prior
100%
86%
105
105%
12
*—
100'A
Af-S
A-O
65
A-O
ACum
series A
A 1st
>
A
J-J
1962
J-J
Jan 1967
A-O
1965
F-A
Af-3
1977
1978
A 1st
A
gold 5y2s
&
ref. 5s
Gas
Monongahela Ry 3'As
Morrell
Morris
(John)
&
&
Essex
Co
1st
3s
Constr
M
5s
M
series
81
1
.-
95%
95%
95 %
97%
52
21
5u%
5
91
68%
79
1 74
ref
A
43
71%
1,449
30%
41%
Af-S
83%
82%
84%
246'
71%
84%
M-N
83%
83
84%
110
72
84%
Af-N
26%
25%
27
1,346
18%
27%
A-O
83%
83
84%
60
71%
F-A
83%
83
84%
120
71%
84%
M-S
65%
66%
6
61%
68
F-A
*102%
to-
101%
104
M-N
99%
102
81
71%
16
"Is '
*101 % 102
——
J-D
_
— —
59
M-N
43
80%
31
72%
72%
59%
79%
80%
Af-N
72%
16
54%
debentures
1986
1987
:
103'A
103 % 103'A
3%s
*__
90
3s
s
f
82
92
103%
A-O
104% 104%
10
102%
J-D
*97
Af-N
100% 100%
J-D
J-D
103%
103% 104%
M-N
118
118'
.
MM
101%
MM
A-O
3
J-J
118
101%
103%
*—
—
J-J
101
V94
61
93
15
89
90
95%
.
92'A
90
A-O
.
95%
87%
93
93%
—::
A-O
F-A
68%
67%
1997
J-J
1997
J-J
1998
F-A
88%
88
Apr iqqo
Peoria A Pekin Union Ry 5%s
1974
Pere Marquette Ry 3%s ser D—
1980
N
For
footnotes
see
*104%
rlOO
F-A
J-J
1961
J-J
1971
3-D
Af-N
Af-N
M-N
1st A ref
.
'
2%s
—1967
1
1974
—
68
14%
25%
106
103
103%
99
39
74
63
70%
66%
76
50
74%
84
79%
88%
76
82
97
65%
90
32
82%
89 %
6
96%
100%
100
100
'
100
97
1
97
74%
74%
3
70%
74%
81%
82
5
76%
.
80
Af-N
78
80%
229
98%
97
12%
100%
101%
9
94%
101%
*102
*101
*104%
F-A
F-A
*113
1964
Af-N
*111
1960
110%
J-D
Plttsb Coke A Chem 1st mtge 3%s_1964
Pittsburgh Consolidation Coal—
3%s debentures
1965
M-N
*—
102
J-J
103
103
Pittsburgh Steel 1st mtge 4'As
Pittsburgh A West Virginia Ry—■
1st mtge 4%8 series A
1st mtge' 4%s series B_
1st mtge 4%s series n /
A-O
100% 100%
J-D
A-O
*86
iQfiQ
A-O
88%
103'A
102%
100%
100'A
103%
81%
,
"
20
89
88%
79%
10
'
MM
109%
101%
3
-
87%
109%
'
84%
1
87%
87%
.
103
MM
—
87
87
1959
38%,
103
7
109 % 109'A
*87%
111
5
109% 109%
A-O
112%
109
—
A-O
1958
MM
MM
1975
1958
103
105%
V
*104
1963
11%
97
MM
102
MM
__
1970
mtge 5s series A
13%
1
12
11%
J-D
—
10%
8%
52
,101 % 101 %
96%
97
F-A
98%
—
12%
Af-N
99%
MM
11%
12%
97
2
101%
;_1975
Pitts Youngstown A Ashtabula
1st gen 4s series A
89%
79%
tty—
100
J-D
APittston Co 5Vis inc deb
1964
Potomac Elec Pwr 1st mtge 3%si_1966
1st mortgage 3%s
-1977
1st mortgage 3s
1983
tAProvidence Securities 4s
1957
J-J
88
8%
t A Providence
1956
Af-S
*_.
1968
J-J
107% 107%
It
105%
105% 105%
3
,
65%
Terminal
4s
Public Service Elec A Gas 3%s
82
*
98%
i..l948
1st gen 5s series B-—.—.1962
1st gen 5s series C
1974
1st gen 4%s serjes D
1977
' 97
81%
89
101%
97%
69%
-
91
98%
98%
32
1953
Gen
201
-
100%
25
99'A
*101
,
1949
..
_.
Gen mtge 3%s series E-__—
96%
98
1957
gtd 3%s series E,
108%
10
100
99%
J-J
_
110
105%
18
118
105
MM
107'A 107%
100% 101%
F-A
-1937
115
*108%
J-D
1978
90%
*101
A-O
II
*117
F-A
100
117
J-D
—I
105% 105%
*106%
F-A
1972
Af-N
J-J
J-D
.1964
J-J
90
96
*210
Quaker Oats 2%s deb.
25 %
*141
2037
101
106%
■
,
19%
,2037
105
;12
—
—
399
J-J
Af-N
99%
27
99% 101
J-J
1st A ref mtge 3s
1st A ref mtge 5s
1st <fe ref mtge 8s
y
y
116
—
J-D
103
25%
90
107%
105 %
142
145
210
.
220
215
80%
25
18%
10
25%
J-J
72%
69%
72%..
1,192
60%
72%
May
45%
42%
46%
1,538
31
101% 101%
1
98%
101 %
13%'
591
7%
13%
M-S
;
87%
59%
„
*115% 118
107%
M-Jf
1981
;
2%s
Cons gtd 4s series H
Cons gtd 4%s series I
•
Cons gtd 4%s series JPgh Cine Chic & St Louis RR—
-
.
103%
78%
i
29
103%
100
,
97%
99% 100%
97
,
4
__
102
jr-s
1977
B
85
62
J-J
lJune 1992
21%
1974
series
90%
62
88%
Af-N
29.
20%
111%
103%
97% 100%
-17
5s
78%
5
97
89
F-A
11%
J-D
25%
11
6%
702
65%'
J-J
1978
F-A
14
49
3
—
.
98%
60%
68%
97
97
3
105
107%
30
37%
27%
29
32
52%
' " 40
*77
97%
97%
9
.
.
78%
98
*104% 104%
30
25
12%
29
73%
45
♦99% 100
98%
100%
7%
95%
2
52%
37%
v
46
6-
*
Af-N
1982
52%
F-A
1943
586
65 %■
97
•
106% 106%
J-J
F-A
7%
98%
65%
97
J-J
1940
5%
97%
?
Af-S
A-O
J-J
1937
page
*
67
gold 4'As series C
84%
*96
1937
87%'
66
General
Ry 1st s f 4s
ACercmcates of
deposit——
94
81
15
Af-N
1954
—_
87 %
Philadelphia Co coll tr 4%s
Philadelphia Electric Co—
1st & ref 2%s
25
t A Harlem River & Port Chester—
§ATerminal 1st gold 5s—
Y Telephone 2%s ser D
Ref mtge 3%s ser E
.
Cons gtd 4s series G
68%
J-J
mtge 4s ser A__—___2007
conv inc 4%s ser A-2022
;
99% 100
87%
107%
94
94
•a
116
99%
"
Apr
F-A
.
Cons gtd 4s series F
65%
__2043
'
A-O
Cons
mm'
2043
mtge
§ 1st refunding 5s
1952
104
23
2000
§A2d gold 4%s
§AGeneral gold 5s_
41
104%
88%
*90
A-O
_
117
112
102% 103%
100%
65%
A-O
*.
100%
102%
102%
67%
65%
•
J-D
1973
101%
97%
J-J
*5 A Philippine
68
1951
98%
2
99%
1984
4'As series E
Aincome
64
■
103% 103%
—
31
68
J-D
60
1975
—
100% 101
"1021/4 103%
Pittsburg Bessemer A L Erie 2%s~1996
Pgh cine Chic A St Louis Ry—
57%
1980
"
*103%
102'%
101
1
1986
49
106%
A-O
F-A
8
1977
102%
1981
—
1964
66%
Corp 1st 3%s_
_1963
tN Y Susquehanna & Western RR—
14
99%
Phillips Petroleum 2%s debs—
64
Y Steam
104%
104 Vi
J-J
MM.
64
1993
35%
11
102%
66%
1955
34
~
13
102
F-A
1st mtge 2%s„1975
102%
47%
89
118
F-A
1957
—
46
107%
ref
1998
,
N
102%
*104
*101%
116
1st A
1998
gtd 4s
N Y State Elec A Gas 2%S—
105%
111% 111%
105'/2
83%
*82%
?
F-A
—1998
cons
102%
99%
A-O
Chicago A St Louis—
N Y Power & Light
N Y & Putnam 1st
52
107
2%s
1st & ref 2%s
Hudson River RR—
4s
104% 105'A
116
17
74%
82%
AGeneral
97%
102%
111%
91%
69
72%
81
JAN Y Ont A West ref 4s
94%
100%
107%
ref
84%
73
—
7
17
F-A
93
—
81%
1st 4s
95%
97%
J-D
80
MM
i
; f-a
1998
:
91%
J-D
80%
__
—
A-O
ref
99%
19
1968
Mto.
W-M
..F-A
A-O
&
—
100%
A-O
100
5
2013
AGen
97
1960
1st A
MM
18
2013
1st
J-D
101
—
% 103%
103
impt 5s series C_
Adebenture 4s
98
46
—1965
4%S
fund
series
100
MM
104% 104%
103
J"J
I
4 %s series B
1973
JN Y New Haven & Hartford RR—
§ACollateral trust 6s
1940
t
102%
94%
A.
4%s
115%
6
102%
impt 4%s series A
.
102%
99%
1
RR—
sinking
Gen mtge 5s series"n
A
47
A-O
—I960
102%
MM
*11".
&
series
•
MM
.
104
Jf-W
.,-11985
100'/a
11
F-A
Af-S
:
300%
34
.
101% 101%
—
105
98%
97
"
*101
&
4s
MM
—
A-O
1965
Conv deb
3 %s
Gen mtge 3 %s series F
A Eastern 4s ext
91%
100%
Ref
West
'
J-J
1952
Peoria
97%
Ref
&
105%
Jf-8
-I960
debs
debentures
Gen mtge
'
Cons 4s series A
Lack
99%
6
Co—
Pennsylvania
73%
84%
98%
New York Central RR Co—
Y
5S-1949
cons
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power A Light Co—
1st mtge 3s
1975
60%
219
99%
—
*
103
General 5s series B_
General 4%8 series D
99%
1954
N
100
102% 102%
General
F-A
'U
1st gold 4s
103%
19
Phila Bait & Wash RR Co-
J-D
1956
Y A Harlem gold 3%s
Mtge 4s series A
Mtge 4g series B
104
100
102% 102%
—
100%
4
Airlines—
-
v
64%
102%
f gold 4%s—1955
s
Gtd 4s series E trust ctfs_
ACertificates of deposit-
N Y Dock
Inc
conv
General
68%
5
1st
Pennsylvania-Central
84%
'
B
38
102% 103
102%
Af-S
Paducah A HI
1948
5s__
ser
108%
—
102% 103
103% 103%
A-O
.-1978
*107%
102%
A-O
debentures
Paterson A Passaic G & E
88%
*91% 101
«vA-O
■;h
N
N
2%s
Pennsylvania
M-N
E
96
105
84%
1954
ser
3s series
3%s
84%
.1956
mtge 3'As
93%
103%
107%
J-D
93%
41%
1952
mtge 3s ser F_r
Connecting RR 2%s
3
1985
90
83
.1953
1st
98%
15
96
104%
99%
39%
JNew Orleans Texas & Mexico Ry-
Ref
96
104
99
41%
1983
N Y
F-A
A-O
102
Electric Co—
A
1st A ref 2%s series Q
Pacific Tel A Tel 2%s debs.
67%
1974
York
93%
99%
47
1986
New
16%
10
98%
J-D
66
1955
gold 3%s_
registered
35
96%
96%
1980
67
1982
3%s
16%
14
*101% 101%
96%
*96%
65%
_1955
Mich Cent coll
16%
M-S
A-O
102% 102%
66%
*
2%s___1986
gold 3%s_w
J-J
J-D
67
2000
registered
96%
J-D
1952
3%s
98%
95%
1981
68%
.1961
Lake Shore coll
95%
1
1977
1954
A
98%
7
95%
2%s series P
1958
registered
104%
98%
3s series
1967
3%s
100%
99 %
98%
1st A ref
1966
General mtge 3'As—
100
92%
95%
1st A ref
61
1965
N Y Central
92
2.
74
98%
•
?
66
61%
1970
cons
94%
*95%
__
A-O
101%
98%
8
.,—1978
Gas
F-A
A-O
J-D
Chattanooga & St Louis—
Consol
98%
J-D
8
1986
Newark
65
87%
97%
99
98
103% 104%
1979
N
Nashville
■
1st A ref 3s series M
96
v
68
B
3 Vas debentures
•
1974
66%
debs
& Tel
-
r 103%
L
81
A
Tel
68
60%
4
23
99
■'
■
M-S
1st
106%
1991
4%s series B
States
99
1'
J-J
J-D
67%
gtd 3'As
Constr
Mountain
107%
101
61%
5
J-D
66
gold 4s
series
91%
J-D
80
I
1st gtd
65
1966
Cons
Moh'k & Malone
J-J
-
1971
1981
5s series H
series
91%
■.
1970
1980
A
ser
ref gold
1st &
J-J
1st A ref 3s series K
.j,
1949
ref 5s series G
&
AConv
,:
65.
91
65
49
87
Co—
1st & ref 5s series F
A 1st
96%
68
1st A ref 3%s series I
78%
76%
67%
—
Q-A
99
77
MM
67
1st A ref 3s series J—
51
20
92
'51
J-J
1978
ref 5s series A
&
AGeneral 4s
.
RR
*102
'
67
100%
96
66
92
1975
Pacific
MM
107%
107
100
10T/a
*101% 101%
1962
i
adjust 5s series A
tMissouri
A—1960
ser
3%s debentures
4%s series D
129
128
*107
107%
80
4
51%
lien 5s
77
127v
109% 116
99
—
—
86
78
Prior lien
49
16
MM
100'A
Missouri-Kansas-Texas RR—
40-year 4s series B
147
'
101
98%
105%
Af-S
1990
77
74%
98
98
99%
86%
J-D
1st 4s
1974
1975
1977
1st mtge 2%s
(Wise)
Pacific
J-J
A Texas
25
109%
106%
98
II
*100%
J-J
ser
High
9%
Power Co—
70
98
*70
98
*100 Va
Jan 1971
Mo Kansas
26
74%
Sault Ste Marie—
4'/2S
4%S
trust
91%
101
...
101
M-S
mtge 4s inc ser A____Jan 1991
AGen
2047
__2047
2047
2047
1975
&
tOgdensburg A Lake Champlain Ry—
A 1st guaranteed 4s
1948
Ohio Edison
1st mtge 3s
1974
1st mtge 2%s
1975
Oklahoma Gag & Electric 2%s
1975
67
*99
J-J
1967
21
111
94%
70
Af-N
5s___„1940
99
li
91%
97%
1951
Minnesota Mining & Mfg 2%s
St
90%
•—
97%
1979
Michigan Cons Gas 1st mtge 3'/2S_1969
1st mtge 2%s
1969
Minn
90%
J-J
1952
impt 4'/2S series C™
v
O
Metrop Wat Sew A Drain 5%S
Michigan Central—
Lans
'
1,420
127% 128'A
*115
MM
Q-J
(Minn) 1st mtge 2%s
1st mtge 2%s
101
92%
*110
Mead Corp 1st mtge 3s
1966
Metropolitan Edison 1st mtge 2%s_1974
gold 3%s
Low
No.
108
M-N
1st
77
MM
Q-F
3s
109
Af-N
Jack
1997
Jan 1 2047
3s
29
Sugar 4s sink fund—Feb 1 1957
Ref &
lien
102%
AManila RR (Southern Lines) 4s__1959
May Dept Stores 2%s debs
1972
1950
Q-J
4s
registered
Ref
M
(R H)
Macy
lien
General
101
'•
101%
*94%
•
Range Since
January 1
Sold
Pacific Railway—
Prior
89
89
Af-S
25
19
M-S
Northern
101
A-O
3s
1974
1997
&
121 Va
111 '/a
registered
impt 4%s series A
Ref & impt 5s series C
Ref & impt 5s series D—
102
A-O
:V
gold
M-S
67
Northern States
27/8S
A-O
109%
RR—
M
Bonds
High
108'A 108%
108'A
A-O
1974
gen &
107% 107%
M-S
24%
J-J
M-S
2014
121
26%
*109%
102%
Low
gold 4s_1996
inc
Western Ry 1st
1
101
*101
F-A
or Friday's
Bid & Asked ';
Ry Co—
1
101%
101
A-O
Last
Sale Priee
1\
1966
3%s
Power
AGen mtge 5s conv
*108'/a 109'/a
25%
Falls
Period
1946
ref 5s
ref 4'As series A
Af-S
M
Div
Knox
M-N
/ J-D
1966
3'/aS
Nashville
ref
&
1st
St
Elec
73
88
109% 109%
1963
&
46'/a
72%
154
39%
45%
121 Va 121%
1951
debentures
41'/a
*37%
45%
A-O
1949
stamped
Lorillard
40
V
A-O
1949
gold 4s
40 %
A-O
1949
Guaranteed
38
*33%,—
Af-N
1952
Long Island unified 4s
36%
Af-N
'
1962
series
37
Af-N
Af-N
5s
A Lombard
•
Low
t§AN Y West & Bost 1st 4%S
2003
-2003
2003
registered
4%s stamped modified——,
Little
New York Stock Exchange
V "H-iiiih :;•> • - •/ I'
r-V:'
No.
High
Intarwrt
BONDS
Range Since
January 1
Lehigh Valley RR—
modified
Week's Rang*
Friday
Bonds
Friday's
Bid & Asked
Low
4s stamped
RECORD
WEEK ENDED MAY 28
Week's Range
Last
Sale Price
Period
Monday, May 31, 1948
77
93%
98
103 Va
104%
R
Reading Co 1st A ref 3%s
Revere Copper A Brass 3'As
Rochester Gas A Elec Corp—
Gen mtge 4Vis series D
Gen mtge 3%s series H
:
Gen mtge 3%s series I
Gen mtge 3Vis series J
tARut-Canadian 4s
tIARutland
RR
stamped
4%s
stamped
D—.1995
i960
Af-N
1977
ser
92%
91%
92%
M-S
1967
92%
8
102% 102%
10
101
107%
Af-N
107%
106
5
104
106
11
16
7%
11
12%
43
7%
12%
►106
M-S
1967
M-S
1949
J-J
9%
1941
J-J
11%
,
106
106
102%
—
M-S
1969
83%
;
'■'J ',
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4703
Volume 167
YORK
NEW
29
'(2385)
RECORD
BOND
RANGE FOR WEEK ENDED MAT 28
;•
,!
BOND S
-7.
Last
Sale Price
Period
Friday's
or
.
Sold
High
Low
No.
New
Pacific
Sale Price
Ref
100
96 '/a
99
*75
80
70
79%
A-O
*77%
81
75%
81
*100%
—
99 ya
Friday's
or
99%
'
Range Since
January 1,
Bonds
Sold
Bid & Asked
No,
Low
High
2
High
96%
87%
102%
RR*-
37
93%
54
33%
M-S
-1991
series C_
mtge 2y2s
1021/4
102
F-A
-.1976
debentures.
2%s
*99
J-J
1996
2d gold 6a_.—1996
8t l, Hocky Mt & P 5s stamped-.—1955
Last
Period
Exchange
Stock
High
M-S
1971
York
Low
Union
Baguenay Power 3s series A_
St Lawr & Adir 1st gold 5s
Interest
BONDS
Range Since
January 1
Bonds
?
Bid & Asked
Low
Week's Range
Friday
Week's Range
Friday
.
Interest k>
,?'.'
Exchange
Stock
York
New
#''{;' (fi ii(*
99
91
96%
94
96
93%
95%
89 %
J-J
U S
Rubber 2%s
A-O
1966
1976
United Biscuit 2%s debs
debs
M-N
*92%
*55%
1967'
A-O
Universal Pictures 3%s debs
1959
M-S
Vandalia RR cons g 48 series
Cons s f 4s series B
A-—1955
2%s debentures
——
95%
951/4
94
99
93%
r
97%
97
90
11
8t Louis-San Francisco Ry Co—
00
May
4%s ser A—Jan 2022
A2nd mtge inc
87'/a
J-J
1997
1st mtge 48 series A-
,4
89 %
656
80
58 y4
58%
59 y2
508
51 y4
59%
98%
1051/4
St Louis-Southwestern Ry—
4s bond
1st
<te ref
J-J
89%
1990
J-J
102 J/4
gold 5s series A
St
Union
Paul
A-O
1971
1989
Dept 3%s B
V & N E 1st gtd 4s
89%
36
80 %
89%
210
89%
102 y4
~B7%
*102% 103%
—
101
102%
"121 "
;
—
M-N
127
127
—
3 V8s
6eaboard Air Line KB Co—
4%s series A
AGen mtge
48
98%
263
61%
71%
95
Seagram (Jos E) & Sons 2%s—-1966
Shell Union Oil 2&s debs——-1971
J-D
"94%
A-O
96%
96 Va
F-A
40
25
92%
92%
96%
4
28 Va
97V4
40
t§ASilesian-Amer Corp coll tr
South
&
J-D
A-O
—
1979
J-J
'•
.
96
95%
95%
1963
5a
RR gtd
Ala
Nor
100% 101%
J-J
r
*120
debentures
96
—1985
debentures
2%s
—
Pacific
Southern
4y2s
.
96%
95%
__
96%
8
78%
102%
68
92%
94 Va
95 Va
189
93%
55
104
83
83
83
—
San Ft Terra 1st mtg
102%
m- a
1977
4%s
Gold
*97%
J-J
-1994
91 Va
~G
56
96
—
J-J
Wabash
101%
Gen
M-N
95
M-N
1969
1981
3%s aer A-197B
102
£5
J-D
*101%
~
99%
941/2
1011/4
10
96'A
99%
83%
82
100 A
99%
99%
83%
83
87%
Walworth Co conv debentures
82 Va
107
82%
Apr
98%
90 Va
106%
97
85
100
85
99
97%
103
106%
94%
2
97 Va
106
74
75%
98%
97
M-N
M-N
3y4s_1976
83%
15
28
43
59% 100
Apr
14'•'■•"
Ward
Baking Co—
5%s debs (subordinated)
1970
Warren RR 1st ref gtd gold 3%s—2000
95%
101%
A-O
F-A
55%
55%
Washington Terminal 2%s ser A—1970
97%
84%
Apr
Jan 1981
mtge 4s inc series A
mtge inc 4ViS series B—Jan 1991
1st mtge 3%s series B_
——1971
Walker (Hiram) G & W 2%s debs-1968
102%
100
—
—
1041/2
8
RR Co—
Gen
Co—
(Oregon Lines) A
Gold 4y2s
1st
F-A
-1987
debentures
Southern Indiana Ry 2%e
27/8s
"l
107
W
98 Va
*101% 1C8
111
101% ioiy»
M-N
1995
103
107%
100%
107
A-O
124
Southern Bell Tel & Tel Co—
3s
*100
J-J
99%
94%
103
85
110%
40
91%
—i
.
in,
—
Virginian Ry 3s series B
110
101%
123%
30
—
5s
1st cons
94%
35
31
96%
78—1941
Skelly Oil 2%s debs____________
1965
Socony-Vacuum Oil 2 % a——1976
/<
105
105%
*98% 100y4
110%
M-S
2003
—1958
1st gtd 5s
—
*102% 1031/4
M-S
Coal & Coke
Va & Southwest
■
*105%
A-O
debentures
1st gold 5s—1949
conv
Va Iron
101%
71%
65%
69%
J-J
101%
101
101
J-J
1996
Jan 2016
1st mtge 4s series A
*105
M-S
1975
1978
1963
105
105%
106
F-A
M-N
1957
Virginia Electric & Power Co—
1st & ref mtge 2%s series E
1st & ref mtge 3s series F
J-D
St Paul & Duluth 1st cons gold 4s_1968
Scioto
—
101 % 102V*
Nov 1989
2d 4s inc bond ctfs
Gen
■*105%
M-N
1989
certificates
F-A
*99%
99%
106%
17
55%
47%
1
/:■-
100
101
108
—
109
Southern Pacific RR Co—
1986
1996
1961
1st
mtge 2%s series F
1st mtge 2%s series Q
J-J
Southern Ry 1st cons gold 5s
Devel & gen 4s series A—
Devel & gen
6s series A
Devel <te gen 6y2s series A
Memphis Dlv 1st gold 5a
St Louis Div 1st gold 4s
Southwestern
A
Bell
Tel
J-J
(N J)
84%
90
94%
112
49
95
55
94%
97
Apr
108%
111%
103%
106
3
102%
104%
11
97%
56
A-O
93%
97%
56
46 Va
96
F-A
96%
*96
J-J
57%
J-J
97%
1
97%
2019
Ref & imp M 4s series C
—.
Ref & imp 2%s aeries D——— ,1985
Orleans
Texas
Pacific
&
&
Gen
ref
100
A-O
114%
101
100
105%
M-N
.1970
2
105 %
105
80%
94%
101% 101 Va
35
99%
101%
98 %
5
97%
J-D
M-S
-1967
J-J
116%
97 %
J-J
-1958
*
*92%
J-J
*110
J-J
57
126
§ ASu & Du div & term 1st
ACertificates of deposit
106
RR of New Orleans 3%s__ .1974
Term
.1960
1st ref 4s
AAdj Income 5s
Jan 1960
Tol & Ohio Cent ref & impt 3%s~ .1960
Trenton Gas & Elec 1st gold 5s— .1949
Third
Ave Ry
1961
Tri-Continental Corp 27/as debs
101%
99%
Wisconsin Electric Power 2%s
97
Wisconsin Public
1
121%
37
94%
73%
38%
40
J-J
A-O
78
78
60
1971
1975
1967
1970
Electric Co of Mo 3%s
mtge & coll trust 2%s
1st
Oil of Calif 3s deb
Union
debentures
2%s
73
19%
68
~1976
*96 Va
J-D
Service 3%s— -1971
43
93
30
96%
103
1976
96 Va
<
*104% 105
J-J
J-J
100%
*99% 100
J-D
75%
64
196
71
M-N
101%
99-e
72
39%
103%
,104%
126
79
16
181
42%
97%
c
>
„ry ;.v?
'
99%
01
99 %
99%
*101%
M-S
*97%
85
Yonkers Elec Lt & Power 2%s
a
__
58%
95
92%
10
94
*103% 109%
A-O
*99
J-J
range.
'd Ex-interest, e Odd-lot sale not
sale not Included in the year's range, r Cash sale
J-D
*95% 100»/4
59%
109%
96
the Bankruptcy
103%
Act, or
98%
101
10
200-
receivership, or reorganized under Section 77 of
securities assumed by such companies.
tCompanies reported as being in bankruptcy,
107
103% 103%
94
delivery sale not included in the year's
Deferred
Included in the year's range,
n Under-the-rule
not included in the year's range,
y Ex-coupon.
97%
93%
SNegotlability impaired by maturity,
flhe price represented is the dollar quotation pej
pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
M-N
'
64%
11
60
J-D
M-S
71%
U
Union
101%
111% 111%
30
89
G
72%
99 V*
12
—
J-J
4s_. —1936
92%
25
126
101
101
—
ACertificates of deposit-
96%
94
T«
103
103
103
^
.
93%
26
99 %
98
Pacific-Missouri Pacific—
Texas
(v
—
*98% 104%
99 %
99%
103%
103
103%
*103
J-J
-.1949
97%
A-O
-I960
1st 4s
S B
| A 1st general 4s
101
103%
48
59%
56%
J-D
.1985
9&y2
A-O
.2000
1st gold 5s
S9%
A-O
1990
3%s series E—
M
88 V4
113
-1970
RR—
3%s series B
3%s series C
& ref M
1st
1st & ref M
*114% 116
JwJ
1965
Texas Corp 3s deb
New
55
93%
99% 100
^Wisconsin Central Ry—
Terminal RR Assn of St Louis—
&
98%
92%
-.1992
Winston-Salem
Texas
95
98
93
2%s series A,
3y4s series C
31/4S series D
Wilson & Co 1st mortgage 3s
100
98%
56
98%
100
M-N
1st mtge
.
:.4.V
.
J-J
-1949
Gen & ref M
7':
73
102 V* 103%
M-S
Wheeling Steel
65
M-S
1971
debentures
105% 107%
106% 109
59
69%
57%
67%
97
101%
99% 103 Va
'
14;v-
68%
100% 101
100%
May
Wheeling & Lake Erie RR 4s
98%
65
M-S
M-N
96 %
96%
68
.64%
68
M-S
A-O
1950
1951
—I960
1951
2%s
100
97
J-J
10
2361
Funding & real estate 4%s
102%
92 Va
G3
'
~1
107% 108
.1966
25-year gold 5s
30-year 5s
—
:
Westinghouse El & Mfg 2%s
57%
100%
1
*102% 102%
M-N
107% 107 %
.—2361
Registered
—
Western Maryland 1st mtge 4s
1952
Western Pacific 4'/2s inc A
Jan 2014
Western Union Telegraph Co—
107%
.
103% 103%
J-D
West Shore 1st 4s guaranteed—
105
108%
*108
J-D
-1967
mtge 31/2S
West Penn Power 3y2S series L
95
31
109% 130%
*104%
__
Gen
-1950
5s stpd gtd-
Westchester Ltg
117
91%
14
107% 107%
J-J
1972
89
76%
35
115% 117
J-J
1971
1966
deb 2%s
80
53
95
A-O
Spokane Internat 1st gold 4y2S—2013
Calif 2%s debs
1966
40
84%
93%
117
A-O
Standard Oil of
Standard Oil
—
A-O
debs__ 1985
Sunray Oil Corp 27/8s debs
Swift & Co 2%s debs
84%
J-J
1951
2%s
89
83%
93 Va
89
J-J
1994
1956
1956
1956
1996
1st mtge 2%s series E
■
98'/a
♦Friday's
bid and
ABonds selling
101
asked prices;
no
during current week.
sales being transacted
flat.
NEW YORK CURB EXCHANGE
WEEKLY-AND
NOTICE—Cash and deferred delivery sales are disregarded in the week's
week in
the
which they occur.
No account is
range
unless they
YEARLY
are
a
taken of such sales in computing
in
following extensive list we furnish a complete record of the transactions
on
RANGE FOR WEEK ENDED MAY 28
Friday
;
vv
y
-
Exchange
Alloys
--1
Wire Co
Aero
Air Associates
Ino
Convertible
14%
14%
1,000
7%
7%
7%
3%
3%
&
vi
f
f.
>
Allied
Allied
Fisher
Products
Altorfer Bros
(Mich)
——
Corp—
common
cumulative preferred
Aluminum Goods Mfg
Industries
6% Mar
3
Feb
2%
3,000
2
8
3,600
5%
96% 101%
90
.
3%
7.
1
90%
4%
7
6.300
common
•
100
•
•
,
20%
200
68%
66%
68%
5,400
98
97%
98
750
23%
24
1,100
20
9%
Apr
3% May
36 .Apr
Jan
1%
Jan
3%
Jan
Jan
11%
11%
11%
54
50%
54
convertible preferred-——
1
$2.50 convertible preferred
1
American Hard Rubber Co
:———25
American Laundry Mach———
20
American Light & Trac common
25
6% preferred-.
25
American Mfg Co common
—25
American Maracaibo Co
1
American Metal Products Co
2
93 % Mar
Jan
4% May
American
6
Apr
7
May
3% May
American
Apr
17 V* Mar
22%
B
;
Chem class A
-
Republics—_—
Seal-Kap
American
Amer Superpower
68% May
92%
Feb
98
May
Mar
25
Jan
22
Class
Potash &
Jan
Feb
.22
American Meter Co
Apr
Mar
50
100
9
Feb
13
36
Mar
54
May
common-
Corp com.
preferred—American Thread 5% preferred
American Writing Paper common
$6
series
19%
30%
17%
—
—
47%
—
*
*
*
10
2
10c
*
:5
5
45
—
34%
25%
5%
1%
American
Bantam
American
Beverage
American
Book
American
Cities
Class B
Car
Co
1
1
common
Co
Power
;
&
2
,2%
2%
38,800
2Va
100
100
1% Mar
1
For footnotes see page
33.
Shares
Low
1,750
8,900
375
1,300
775
18% 19%
37% 38%
111% 113%
2%
3
36
37
18,.
20%
30% x30%
17%
31%
16%
18%
31%
16%
4%
23
5
23
■
1,250
750
5,100
100
600
38,500
100
45
46
x34% x34%
33% 35
25% 27%
4%
5%
200
20
2,800
7,600
500
1%
13,800
1,050
800
7,700
1%
1% Mar
82% May
2%
90
60
1,000
5% Mar
Feb
39% May
Apr
113% May
1%
3 % May
Feb
yJan
Jan
40
39%
Apr
43Jan
16
Feb
29
Mar
20% May
32% Jan
33
15%
19
Feb
32 Va
May
14% Feb
31
5
Feb
3
17%
38
Feb
% Mar
Jan
27 Va May
18% Mar
5
Jan
36Va
/
Jan
36
Feb
Feb
Apr
51
Mar
31
Jan
23 % May
Feb
x30
May
17 % Mar
5% May
'
1% May
Feb
60
May
4%
Apr
5
Jan
6%
Apr
9|e Jan
42%
7%
1,000
6%
Feb
8%
200
5%
Feb
6% May
17% 17%
3%
3'%
11% 11%
105% 108%
100
100
1,800
340
15%
Apr
18% May
£1
17%
3%
11%
105%
Angostura-Wupperman
7% May
31
109
6%
6%
1
Apex-Elec Manufacturing Co
1
Appalachian Elec Pwr 4%% pfd*—100
High
19% May
7
1
Jaa
'
y
16 Va Mar
6%
2
Jan
Range Since January 1
High
4"%
7%
Anchor Post Products—
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
2% May
Light-
—
2%
for Week
59V*
x4%
6%
Angerman Co Inc common
Aluminum Ltd common—-.
Sales
„
Range
of Prices
4*%
7%
•
Jan
5,600
19%
38%
113%
2%
37
*
10
100
10c
$2
Feb
Feb
14
24
4%%
Jan
3%
20
14% May
& Electric com
preferred
American Gas
American General Corp common
2%
79
87
100
Apr
American Fork & Hoe common-
Week's
L010
Par
8Vt May
101 % May
40
1
5
Apr
%
400
17,300
*
common-
$3.75
Aluminum
11% Mar
2%
4%
Jan
100
7%
1
Investing
x
7%
1%
Mar
3% Mar
2%
1 %
5% Mar
35
1%
900
"
3% May
7%
36
1 Va
Jan
Curb Exchange
High
4% Mar
10
50c
10
50
100
I Aluminum Co of America common
.f
3% Mar
3
Inc
common
Internat
Mar
31%
300
14%
2
Air-Way Electric ApplianceAlabama. Great Southern
Alabama Power 4.20% pfd
Alles
110
6%
5
.
'y
5
500
6%
(N J)————-I
preferred-—.
Airlines
4%
32
32
2
3,200
r§Aireon Mfg Corp common—
60c convertible preferred-
Alaska
4%
700
2%
;-'
(;
3%
2%
' Ait Investors common—
H
Friday
Last
Sale Price
STOCKS—
New York
Range Since January 1
Low
2%
11 Ainsworth Mfg common
i,
Shares
High
3
•
-•
Sales
for Week
1
*
Supply Mfg—
Agnew Surpass Shoe Stores
;
4%
10
1
Aluminum
Acme
Adam Hat Stores Inc_
?
Low
3%
common
Acme
f
Range
of Prices
Par
.
ACF-Brill Motors warrants
iiVi
Week's
Last
Sale Price
STOCKS—
York Curb
the week beginning on Saturday,
itself, and is intended to include every security
the New York Curb Exchange for
May 22, and ending the current Friday, May 28. It is compiled from daily reports of the Curb Exchange
whether stock or bond, in which any dealings have occurred during the current year.
New
shown
when selling outside the regular weekly range are
the range for the year.
footnote
In the
in
RECORD
the oaiy transactions of the week, and
;
•
v-
3
May
8%
Feb
98%
Jan
4
12%
Jan
Jan
Apr
108% May
30
(2386)
THE COMMERCIAL
NEW
YORK
FINANCIAL CHRONICLE
&
CURB
Monday, May 31, 1948
EXCHANGE
RANGE FOR WEEK ENDED MAY 28
Friday
STOCKS—
New York
Curb
Week'a
Last
rk
■
Exchange
Par
Argus
Inc
Arkansas Natural Gas
Common class A
6%
common
10
Arkansas Power
& Light $7 pfd
Equipment Corp
Aro
Atlantic Coast Line
Corp
Atlas
4%
Feb
7%
8%
10%
10%
3,000
113
113
12%
19%
19%
112
1,600
20,000
.
Colon
Colonial
Colonial
Sand &
10%
Cockshutt Plow Co common
Jan
May
13%
Stone
Apr
Commodore
Apr
8%
Jan
%
Feb
l'/a
Jan
9%
9%
1
3%
50
3%
61
—
350
3%
9
1,100
62
6'A
Feb
10 % May
2% Mar
100
52
4%
Mar
Vtc ext
Apr
Plywood Corp
May
7% May
32
May
to
11,700
3%
Feb
1,400
24%
Feb
200
4%
Jan
6%
Apr
Consolidated
91/2
Apr
Consolidated
common
5
preferred
15'/a
Jan
Consolidated Steel Corp common
300
25
25%
500
24%
Feb
23%
24%
„
3
—
15%
Feb
*
4
%
preferred series C—
Consolidated
25% May
500
24% May
14%
25
Ayrshire Collieries Corp com
14%
6% Feb
10'A Mar
Utilities—
Gas
Car-Na-Var
Continental
Continental Fdy
—'
preferred
Baldwin
59%
57%
Rubber
Steel
common
35%
50
10%
10%
300
1
Corp
1
7%
5%
7%
Mfg—
Beau-Brummel Ties
5
16
x7
100
Benrus Watch Co Inc
15%
3
16
139%
Ridge Corp
common
17%
4
17
Jan
Jan
Jan
$6
Apr
Cuban
Apr
33
Jan
16 % Mar
18
Jan
7%
Feb
6'A Mar
2%
Feb
8 % Mar
33% Mar
18
18%
113
10%
1,700
dep rets ord reg
3%
Jan
15
100
13%
Jan
22
23
British Columbia Power
class A
Class B
12%
Apr
16
Feb
10s
£ Brown Forman Distillers
common
Jan
Devoe & Raynolds class B
Diana Stores Corp common
12%
Feb
Amer
Buckeye Pipe Line
dep rets
2%
Jan
Dobeckmun Co
Jan
23%
Apr
•
26%
1%
11%
Apr
2% May
16% Jan
7
1,800
12
May
29% May
28
Dominion
Tar
&
Cnem
Draper
-May
21%
22%
Cable Electric
Products common
& Wireless—
American dep rets
16
Mar
15%
1,450
121/4 May
23% May
13
Mar
17
Dunlop Rubber Co
10% Mar
Duke
Feb
Power
3%
Jan
11% May
12%
Apr
Duro Test
Feb
11/4 May
Feb
11%
Jan
4%%
7%
Jan
6%
East Gas
1,000
3%
3%
20
1,100
20
50
17%
17%
22%
2
22%
150
—
•
--
Class A voting
•
12
12%
•
% May
4% May
Jan
Marconi—
Carman & Co
22 % May
16% Apr
xl4% Mar
18
May
xl4% Mar
Feb
12%
Feb
200
Carolina Power &
Light $5 pfd
Carr-Consolidated Biscuit Co
Carreras Ltd—
Amer dep rets B ord
Carter (J W) Co new
common
Casco Products common
Castle (A M) & Co
Catalin Corp of America
•
—
9
*
1
10,500
375
&
Fuel
Assn
1,600
9%
2%
Feb
Feb
1%
35
28%
Apr
11%
Jan
18%
Feb
28
12%
Jan
13%
7%
2,600
5%
Feb
12%
7
7%
15
15
3
100
10
9%
10
2 % Mar
1,000
5,800
2%
15%
16%
11%
2,800
Com
shares of
16% May
11% May
225
65
Mar
150
36
Jan
39
May
83
150
74 % Mar
83
May
15
Jan
Feb
14
Jan
5'A
1,800
3%
Feb
5'A May
151/2
1,500
12%
Feb
15% May
6%
2,900
5
14%
8
12
5%
Jan
•
6%
6%
80
79'A' 81
81
79
—
4%
X56
81%
x56
4%
4
•
88
81%
£8
•
79
75
81%
85
Jan
Apr
83
May
54
Apr
58
Jan
76
25
Feb
775
57
Feb
88
53%
1,750
Feb
81'A May
12%
12%
100
10% Mar
57 %
575
50
14%
14%
3,800
5
14
13%
14 %
32,000
142
Elliott Co
2% May
Mar
50
5%
May
Share
common
Inc
53
Jan
Emsco
Jan
110%
Derrick &
Equity Corp
Jan
6%
Jan
yi$3
200
7%
4% May
5 % Mar
7%
8
13%
6%
14
3%
900
3%
25%
3,?00
45
97
Feb
25% May
46
20
92
Jan
98 "
8%
700
14%
14%
790
2%
14,200
—10c
2%
1
__
2
44%
45
Ltd
225
5%
8%
8%
1%
1%
113
6%
11
1%
.
41
500
1
«
11,000
-1
8%
Feb
Feb
Feb
45
Feb
1
Apr
FeD
Jan
14% May
2 % May
Mar
6%
Apr
28
10
Fairchild Camera
3% May
2% Mar
Feb
7%
preferred
Jan
15%
96%
14%
May
6% May
14% May
42
8
5
15
146
100
97
Equipment
Feb
Feb
13% May
1,000
24%
44'A
1
Corp
3%
900
Apr
57% May
14% May
Feb
Feb
9%
126
340
13
Feb
8%
May
Jan
May
8% May
Jan
3%
30% May
Jan
31
7%
__
6
iOO
pfd
Eureka Pipe Line common
x5% Mar
24%
135% 142
1
5 %
common-
convertible
Eureka
—
—
10
350
3% Apr
—
_50
48%
108%
6
1
-
common
preferred
Empire District Electric
Empire Millwork Corp
Apr
—
1
new common
Jan
48
4'A May
2% Mar
5,200
55%
1
May
Mar
65%
Electric Power & Light $7 2d
pfd A—•
Option warrants
12% May
12% May
7
Feb
3%
350
1,400
14%
Apr
1,600
79 % May
8
56%
6
6%
'
77
39
•
10
1%
Jan
Jan
May
Feb
1
Jan
6
28
-
75%
lot
beneficial int
3% May
~5%
May
3'/4
Feb
$5 pfd shares of beneficial int
Easy Washing Machine class B
8%
—
IE
12%
'
82%
*
Esquire Inc_
~6
Jan
38
•
1,000
25
May
7% May
Apr
Apr
21% Mar
15%
3% May
9'A May
3
2%
£1
A
1,300
7,200
Apr
Feb
Mar
100
$6 preferred series B
Eastern Sugar Associates—
4%
5%
140
Apr
18
1,300
25
9%
5
Feb
8
May
11% May
Jan
3,000
100
4%
109% 109%
35%
3
common
8%
48
5
1
10
2%
48%
4%
48%
1
2s 6d
2
48
9%
2.50
*
200
3,000
28%
x27
Feb
7% May
Jan
33% May
5% Mar
9
•
prior preferred
Electromaster
2
48%
1
common
8
11%
37%
Jan
6%
110
140
__
1
preferred
Electrographic Corp
1
•
7%
11%
1,400
13%
Sulphur
Eastern States Corp
$7 preferred series
20
Apr
3% Feb
18% May
23
May
3%
100
Capital City Products
Carey Baxter & Kennedy Inc
Jan
Jan
28
Corp common
Eastern Malleable Iron
8
2'A Mar
18
8
Class B non-voting
Canadian Industries Ltd—
1% preferred
34
Electric Bond &
*
common
Convertible
preferred
Canadian Industrial Alcohol—
100
Feb
6% Mar
--
common
8
16%
Apr
2%
£
3%
11% May
4% Marq
13% Mar
T.td—
100
3%
7%
7%
33%
8
11%
•
11%
7%
7 % Mar
250
350
34
7%
—
10
Amer dep rets ord reg
Duniam Hosiery class B common
7%
200
6
16
15
2%
Co
11%
Callite Tungsten
Corp
Camden Fire Insurance
Canada Bread Co Ltd
11
5%
Jan
n
2% Mar
%
16
9%
3,200
13,000
10%
—
Apr
20% May
104% Jan
"
20,000
6%
3
33
1% Mar
Apr
16% Mar
100% Mar
—
Apr
May
3% May
Mar
•
1%
6%
Calaniba Sugar Estate
California Electric Power
6,000
3
•
3%
5%
300
19%
1,500
26
29
3%
x5%
2%
38%
3%
Lta
3%
50c
2%
181/2
8
16
common
00
1
2% Mar
5% pfd
3%
9% May
13% Mar
400
•
Driver Harris Co
3,800
13%
Duval Texas
Cables
15
3%
•
11%
14%
25c
15
Feb
13%
Corp
11%
21%
12%c
10% May
5%
1
1
Butler (P H) common
Feb
5% Mar
3,700
1
Dominion Textile Co Ltd
1
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
6%
3,100
7%
25%
common
f: Dominion Steel & Coal class B
27%,May
Feb
25% May
17% Mar
525
4,600
9%
71/8
8
Domestic Credit Corp class A
Dominion Bridge Co Ltd
26%
9%
8'A
£1
May
2.50
Bunker Hill &
Sullivan
Burd Piston
Canada Cement Co Ltd
6% %
preference
Canadian Canners Ltd
ord reg
2
-
8%
7'/a
50o
20
3,500
Jan
49% May
1% Jan
Feb
Distillers Co Ltd—
9% May
9,800
4%
Feb
•
100
11%
Feb
4%
1
1
100
27%
8% May
56% May
10
250
10%
Feb
Mar
37%
1
Detroit Gray Iron Foundry
Detroit Steel Products
131/4
Feb
2%
11%
4%
46
100
2%
•
700
8,900
5
Derby Oil Co common
Detroit Gasket & Manufacturing
21% May
15% Mar
11
2,50
19,400
6,300
50c
22%
1
Brown Rubber Co
common
Apr
6
May
15% May
1%
2.50
5
common
2%
25%
11 %
48%
1
2%
27
Jan
2% Jan
17% May
% May
Feb
1%
35
22%
1
8%
56%
2.50
2%
•
8%
X47%
•
22 %
*
40
1%
9%
9%
5
Hosiery Mills
Dennison
Jan
Jan
200
8%
53%
*
10
(Mo)
Dejay Stores common
Mfg class A
8% debenture
11% Mar
Feb
1,300
8%
25c
Dayton Rubber Co class A
19 % May
Feb
Apr
12%
15
•
common
Co
Davenport
9%
20%
1*
15% May
Feb
Mar
2% Mar
48%
partic
Davidson Brothers Inc
14%
12%
Tobacco
Mfg
Jan
400
12%
"A"
Curtis Lighting Inc common
May
250
—
dep rets ord reg
Carnation Co
% May
9% May
8,400
%
11%
30
100
May
121%
£1
British Celanese Ltd—
Canadian
6,900
1,600
6
common
11
15%
20%
£1
4
Apr
37% May
2% Jan
5
preferred-
Curtis
•
British American Tobacco—
Amer dep rets ord bearer
14%
15
9%
Sugar common
30
121%
British-American Oil Co
Atlantic
129
8%
—
Feb
5%
(Md)_:
Apr
14%
15%
•
Feb
2 %
9%
Co
&
Petrol
Mar
13% Mar
•
*
Milner
8 % May
24%
2,375
10
29%
300
2%
10% May
4% May
10% May
491/2 May
300
10%
4,900
35
5%
preferred
5%
91/4 May
1,050
*
37%
2%
34
37%
10% May
101% May
2% Mar
5
Crystal Oil Refining
10%
22
49 J/2
129
18%
1
Feb
1,300
3%
*
Crown Drug Co common
Apr
142% May
Jan
—
*
Jan
3%
'
Apr
Jan
1
•
1
Crown Cork Internat'l
31
60
8%
72%
8%
70
114% May
103% May
Feb
3,400
4,100
(ord reg)__£l
dep receipts
Cent
Crown
3%
8% Mar
10%
122
100'A
10%
101%
9%
98
9%
Petroleum
Crowley
May
125'A Mar
—
new
7
19,200
3%
10
Feb
1
Brewing Co
Crosley Motors Inc
151/2 May
1%
*
Class A
Bruce (E L) Co
Bruck Mills Ltd
Jan
Apr
225
25
Bridgeport Gas Light Co
Bridgeport Oil Co
Brillo Mfg Co common
Amer
10
6%
*
Croft
Apr
7% May
3,000
41%
100
Brazilian Traction Light & Power
Breeze Corp common
Amer
17%
14% Mar
250
9%
4
10%
*
Co
17%
8%
10
•
1st preferred
Borne, Scrymser
Bourjois Inc
16%
9%
1
Blumenthal (S) & Co common
Bohack (H C) Co common
1%
American
71/8 May
Feb
Cuban
1
3
30
1021% 102%
1
19
common
107% Mar
10%
50
*
common
63 % Mar
50
54,800
convertible preferred
•
Birdsboro Steel Fdry & Mach Co
com_«
2,500
2,100
17%
Cosden Petroleum common
5%
—
8%
5% May
Courtaulds Ltd—
900
9%
29'A May
13%
Jan
15
600
9%
1
Benson & Hedges common
Convertible preferred—
A May
25% Mar
800
Jan
1,100
138
139'A
3%
A Jan
150
200
14
1,400
3
52,000
1,400
11
2,000
15%
1,600
-ft
65 7A
64'%
113% 114
99
Apr
4%
2%
Jan
5%
—1
38%
28%
i/8
15%
Reyholds common
preferred class A
$1
Mar
10% Mar
1
Feb
Feb
6% May
Feb
34%
Mar
36
4% Mar
650
61/2
4%
7'/a
Feb
2%
9
71,500
15%
6%
3%
29%
2%
16%
1-
Inc
1,600
7%
1
Jan
1
Bell Tel of Canada
Blue
Coro
May
39,900
1
—*
5c
34
1
common
(AS) Shoe Corp
Bellanca Aircraft common
Blauner's
60
Creole
16
1
Beck
\ Bickford's Inc
Feb
5 %
$1.20 convertible A common
Basic Refractories Inc
Baumann (L) & Co common
;
45
3,600
6%
371/3
4%
•
Co
Co common
10%
Co
Barlow & Seelig
4,400
7%
6%
.—1
Corroon &
Banco de los Andes—
American shares
Barium
60
35%
Apr
65
—•
Corp
Copper Range Co
Cornucopia Gold Mines'
30
6
6%
3534
28
5
10
& Machine Co
Cooper Brewing
B
7%
9 % May
7
1
Mining & Smelt Ltd
Royany oil
Cook Paint & Varnish
Babcock & Wilcox Co
Baldwin Locomotive—
Jan
__
•
7%
1,300
6%
—100
100
6%
9%
14%
4,700
1
1956—
series B preferred
4%%
31%
8%
8%
%
6%
9%
May
8
4%
30%
—
May
6
1
31'A
1
1
13
25
6%
•
Feb
Feb
warrants—
6%
Steel Products Inc
Automatic Voting Machine
7%
3%
1
Inc
High
300
Southern
&
Low
13
3,700
6%
E L P Bait common
Consol G
63
13
8%
-25
Community Public Service
Compo Shoe Machinery—
Hotel
Range Since January 1
High
5%
1
Co
Feb
Shares
5%
—1
12%
900
13
Sales
for Week
5%
Colt's Manufacturing Co__:
Commonwealth
1
*
Development ordinary
6%
%
Low
Colorado Fuel & Iron warrants
Jan
20
Range
of Prices
Par
Airlines.
114
Feb
Week's
Last
Sale Price
Exchange
.
8 % May
Feb
10%
Curb
6% May
8% May
4% Feb
10% May
10
13'A
19'/a
—
•
Automatic
6%
8%
__
•
Co
& Sons
7%
New York
High
Feb
2,000
12,800
warrants
Avery'(BF)
4Ve
£1
Associated Tel & Tel class A
Atlantic Coast Fisheries—
Atlas
4,900
77/a
1
rets reg
Laundries of America
LOW
6%
10%
.
•
American dep
Associated
High
5%
2,50
Ashland Oil & Refining Co—
Associated Electric Industries—
Range Since January 1
7%
•
preferred
STOCKS—
Shares
6%
•
non-voting—
Friday
for Week
of Prloea
Low
1
Sales
Range
Sale Price v
Jan
38% May
6
Mar
U'/a Jan
4,900
Central Maine Power Co—
;
| 3.50% preferred—;
Central Ohio Steel Products
Central Power &
Light 4% pfd
Central & South West
Corp
SCentral States Elec
100
1
79%
—
preferred
5
100
pfd opt div
Conv pfd opt div
Century Electric
ser
100
ser 1929
Co
10
Cherry-Burrell
8%
13
Feb
21
54
Feb
83
17%
May
17%
19
40
13
Mar
21
17
18
12%
4%
8%
14%
4%
8%
200
1,100
1,300
200
10
12
Feb
10%
Apr
3%
Feb
7%
Feb
12
Mar
May
8%
13
23
225
20 % Mar
25%
175
54
Apr
70
Jan
Xl7%
225
15% Mar
18
Jan
*
X17
7%
7%
400
5%
7%
7%
200
"l%
5%
Jan
7% May
7% May
1%
1%
%
Feb
54%
5,300
25,800
1% May
31%
Feb
-•
18'A
53
7%
56%
13% Xl3%
X10
10%
18% Xl8%
Jan
200
11% Mar
2,100
9 % Feb.
250
14
Feb
3%
2%
3%
20,700
1% Feb
1
2%
2%
2%
35,800
1%
i
20
*
9%
47
9%
200
42%
47%
3,700
24
'100
6
6%
6%
Feb
7% Mar
Jan
Feb
58
May
10
27%
21,200
5%
5%
38,700
3%
Jan
27'A May
5% May
14%
4,000
10%
Feb
15%
55
56
—
lOe
3%
—1
—
3%
37
60
9%
46
Jan
Jan
3%
1,500
2
50
34
700
May
3% May
Jan
5%
56.
Jan
37%
1
dep rets ord reg
of
18
Apr
j1
5% May
14% Mar
£1
51/a
5%
.?
22%
22%
4'/a May
1,300
16%
18 %
France—
Amer dep rets bearer.
Fort Pitt Brewing Co
23
•
Jan
(I
•23
May
22% May
Jan
'
.
—
1%
*
1
—
Fox (Peter) Brewing—
1.25
Franklin Simon 81 Co Inc common
1
4% % conv preferred
——50
Fuller (Geo A)
Co_
5
__
1%
12,200
9%
9%
1,000
15%
16
1,000
1
10%
10%
1,200
14%
13%
14%
5,700
16%
16%
16 %
300
Mar
8% Mar
19
.
Jan
Jan
Garrett Corp
common
Gatineau Power Co common
5%
preferred
Gellman Mfg Co
3
•
,
common—
1
9
Feb
9%
8%
9%
1,900
12%
Jan
15
Apr
16%
Apr
16%
Apr
Feb
89
6% Mar
j;
Apr
84
—.—100
r
7% May
31
Xl8% May
3% May
2% May
i
Jan
9% May
11 i/a Mar
7% Mar
10%
2
Feb
7% Feb
25
.
[.
f
1%
14% May
/ Apr
10%
p
Apr
11
47% May
7% Jan
J
38'A
Motor of Canada—
Ford Motor
,
j
Apr
•
Class A non-voting
Class B voting—
Jan
64%.
1
Ford
Jan
22%
13%
33.
5c
(MH) Co—
to $1 Stores—
Amer
Jan
64%
4
'—•
21%
13%
Ford Motor Co Ltd—
Apr
10
10%
Aluminum Products Co
Fishman
21% May
14 % May
5%
{Phila)
27
5%
13%
1
•
First York Corp common—$2 div cum preferred
May
960
& Instrument
Engine & Airplane
Metallurgical——
Fire Association
10% May
500
1
Co
Fairchild
Fansteel
Jan
19
5
Claude Neon Inc
common——
For footnotes see
page
24,300
85%
Apr
81
—-—10
Controller Co
Clayton & Lambert Mfg
Clinchfield Coal Corp common
Club
10%
Apr
Feb
i
10
City Auto Stamping
City & Suburban Homes
Mfg
9%
-
1
——
Chief Consolidated
Mining
Cities Service common
Clarostat
19% May
Feb
5
Chesebrough Mfg common
Chicago Rivet 81 Mach
Chicago & Southern Air Lines
Voting trust ctfs—
Clark
81
16%
15%
2.50
common
74% Mar
78
1
—
10
500
80%
10
Chamberlin Co of America—
Charis Corp common
19
82%
100
common
Cessna Aircraft Co common
19
100
6% preferred__100
7%
Conv
79%
May
10% Apr
f
THE
Number 4703
167
Volume
.
(2387)
COMMERCIAL & FINANCIAL CHRONICLE
YORK
NEW
CURB
EXCHANGE
RANGE FOR WEEK ENDED MAY 5>H
Week's
Friday
Exchange
Curb
Range
of Prices
Low
Par
5%
3 Va
1,300
1% Mar
5'4
3,400
3%
Feb
5(4 May
26'A
23%
Jan
27% May
50
9 Va
300
£1
7%
7%
3,000
General
10
General
6%
Phoenix Corp_
General Plywood Corp
36%
50c
Public Service
Shareholdings Corp com-.
(AC)
Preferred
Gilchrist
Coal—
Alden
Globe-Union
Gobel
B
$4.50 prior preferred
Goldfield Consolidated Mines
Goodman
Gorham
Mfg
117
110%
Jan
53
10
52
May
54
Apr
Feb
12
Jan
Apr
31%
Apr
21%
Feb
29% May
5
900
12% Mar
18% May
43/8
4,600
3% Mar
4% May
16%
3,200
Mar
19% Apr
1%
1,700
'
24
9,500
18%
Jan
24
16 Va
17%
1,900
14%
Feb
21%
14%
3%
3
3 "A
May
Jan
14% May
12% May
3%
Jan
47%
50
42
Feb
50%
Jan
25%
25%
100
22%
Feb
86
-
Jan
45'A
8'5
30
84%
Apr
28(4 Jan
91
Jan
%
%■
1,000
%
54
120
9
600
64
64
50
—
—
Mar
% May
Mar
10,700
573/4
9
17
—
2%
57% May
9% Jan
54
Feb
6%
50
1ft
«...
Mar
Mfg
Co
-
Great Atlantic
& Pacific
*
100
Great Northern Paper25
Grocery Stores Products common—25c
Utilities $4.40
States
400
9(4
1,000
14'A
9,800
7
Mar
100
91
Feb
110
Apr
Apr
140
Mar
12% Feb
6(4 Mar
18% Jan
9% May
.
14% May
Tea—
Non-voting common stock
1% 1st preferred
Gulf
17%
12%
13%
pfd
105
105
135%
135% 137%
41
41
*
20
41%
1,350
133
36% Mar
8
101% 103
100
Gypsum Lime & Alabastine
107
70
May
99% Mar
223/4
150
20%
Apr
9%
9V4
9%
1,200
6%
Feb
15
300
8%
9
700
7%
7%
100
40%
1,300
40(4
39
51
51
51%
80
7% Feb
5% Feb
30
Mar
17 Va
16%
17V4
700
Feb
17% May
10%
10 3A
IIV4
3,100
9% May
11% Feb
8%
8%
4,300
6,800
6%
Jan
7%
Feb
Lagendorf United Bakeries cl A
Class
B
Lefcourt
Le
Tourneau
Line
103/4
10
28
26
2,100
9%
9%
""%
%
100
24
23%
243A
1,800
19
19
191/4
800
27
26%
273A
2,200
10 Va
10'A
300
23%
23%
150
6,200
Inc 6 % preferred—25
—
Apr
50
44%
Jan
9%
Jan
105
Apr
Groceterias
Class
Locke
Lone Star Gas
Co. (Texas)
5
25c
Dept Stores common
Hecla
Mining
Co
Rubinstein
Helena
Lighting Co—
Common ctfs of dep
55%
preferred A ctfs of dep
6% preferred B ctfs of dep
Exploration
& Light $6 pfd
9% May
8(4 May
40% May
56% Jan
Public
Maine
Service
Mangel Stores
7>/2
7(4
7%
600
6%
Jan
7(4 May
Marconi
8%
8 V4
8%
1,200
6%
Feb
8%
Apr
16(4
1,200
13% Mar
16(4
Jan
Class
13%
10%
10%
*
A
2
Heller Co common
5%% preferred w w
Holllnger Consolidated G M
Holly Stores Inc
Holophane Co common
—1
*
preferred
w
w
Horder's
International
Hormel
(Geo A)
Horn & Hardart
Horn
&
Co
11% May
Shovel
&
Mfg
Co
Feb
29%
Apr
20%
Apr
44%
Jan
Jan
145
30
32
34
675
31% Mar
105%
81
80
81
7,200
x65
300
3
*
7%
7%
5%
6
Huyler's common—
1st conv preferred—.
1
1
5%
Hydro-Electric Securities
Hygrade Food Products
*
5
3%
33
3%
21%
50
1,400
34%
325
3 %
400
22 74
600
35% Jan
109% May
Feb
200
200
148
22
22
41%
Jan
4% May
19 74 May
22
1,400
Mar
May
May
4% May
Jan
14
May
41% Mar
44
Jan
9%
4
5V4
Apr
Apr
31% May
2 Va
16
Feb
Feb
7(4 May
7% Jan
42(4
Jan
3% May
25
Jan
Warrants
6%%
Mesabi
•
50
*
Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
£1
*
*
5
25
58%
13%
10
International Cigar Machinery—
59%
12%
14%
Va Jan
1,200
523A
5,750
10% Mar
Feb
28% May
59% May
16% Jan
5%
Feb
21,300
4% May
11V4 Mar
16 V4 Xl6%
5,200
111/2 Mar
11%
2,100
12%
12%
200
10 Vi May
13% Jan
94%
94%
60
90%
Feb
96
1,250
92%
Feb
2,600
12Va May
__
16 Va
16
11%
& Ireland.—
£1
Indianapolis Pwr & Light 4% pfd—100
insurance Co of North America
58%
106%
xl6 %
105(4-107%
12 3A
•'
13 Va
,
9V2
Jan
17
16% May
11%
May
Apr
Mar
107% May
15
Feb
21
50
55%
55
55%
1,000
International Metal Industries A—
*
International Petroleum coupon shs__*
12(4
12
12%
14,900
Registered
—10
:
58%
Jan
24
Apr
13
Jan
9(4 Mar
12%
Jan
17
Jan
xl2 (4
12%
800
9(4 Mar
•13 (4
14%
2,000
12% May
1%
2%
2,000
11%
12%
1,800
tt Mar
9(4 Mar
12% May
1%
14%
2%
8,300
1%
Feb
2% May
*
5
Mar
51
23% Jan
♦
shares
International products—
International Safety Razor B
International Utilities common
u%
Investors
Royalty
1
Iron Fireman Mfg voting trust ctfs—*
Irving Air Chute
1
2% May
20
200
16(4
Jan
7
7(4
500
4%
Jan
1
*
20(4
1%
1,000
% Mar
20(4 May
7% Apr
1%
1
Co
&
44
Apr
15
Feb
21% May
Jan
112
Apr
15
Feb
Feb
7% May
17%
100
15
Feb
17% May
16%
600
12
Feb
16% May
23
Feb
18%
18% May
Apr
May
37%
2V2
Feb
3y8
12 Va
12%
12%
3,200
17 Vr
17%
17'A
100
83A
Feb
5%
5%
1,200
13 V* Mar
1
25c
Middle States Petroleum class A
v
v
*
10
1
t c__l
13
Apr
May
17% May
6*A May
8
May
2
Jan
1%
1%
9,200
31%
1%
32%
2,600
22% Mar
34% May
225
37Va Mar
44y**Apr
39%
41
11%
12%
1,000
19%
20%
2,100
2%
2%
4,400
1
109% 109%
25
108
40
20
2%
6
5%
6%
8,000
6(4
5%
6%
600
9%
Feb
19 (4 May
Jan
3V4
8% May
109% May
6% May
Feb
Jan
5%
30% May
7%
7%
9%
200
7Va Mar
1%
2'A
3,700
1% Mar
9
9V4
600
9%
9%
300
28
29'A
1,900
8
8 3/o
4,600
10
10%
17,200
1
Apr
7% May
9%
7 V4
6(4 May
49 Va
Feb
2
28
Jan
3(4 Mar
Feb
Feb
9%
1,200
12 Va Mar
25 %
Feb
3V2
43
1
2.50
t c
Middle West
Feb
1V4 Mar
.—15
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common
6% preferred
Micromatic Hone Corp
Feb
6V2 Feb
100
Co
Participating preferred
Class B
1
4V2
5V2
preferred
Feb
6% Mar
19
Feb
5%
Feb
7%
Feb
2'/a May
9%
10
Jan
Apr
29'A May
8%
Apr
Corp—
Ex-distribution
5
Midland Oil Corp $1 conv pfd
Midland Steel Products—
common
*
27 %
24
Midwest Piping & Supply common
Mid-West Refineries
13%
Jan
28
Apr
27%
22 Va
100
23% Mar
24
26%
750
19 V2
4%
4%
10
Co
10% May
10 V* Mar
50c
Abrasive
Oil
10'A
*
*
$2 non-cum dividend shares
21%
22
*
19 %
19%
300
700
50
Feb
25%
Apr
13 'A
Jan
5
May
Feb
3V2
18
24
Apr
Feb
20
Mar
2
May
3% Apr
3%
3%
6,900
50c
8%
8%
2,000
50
Mining Corp of Canada
*
Minnesota Power & Light 5% pfd—100
34%
34%
100
7%
8%
7,500
5
Mar
25
96
Mar
104
Jan
27
Jan
Miller
Wohl
Co
common
1
3V2
convertible preferred
4%%
Missouri Public Service common
Molybdenum
1
1
3%
1-100% lT00%
Corp
Monogram Pictures common
Jan
7
30%
150
23% Mar
7%
7%
4(4
26%
8%
2,500
6% Mar
4%
13,300
4V8
'
4.40 %
pfd
cum
4.80%
pfd series B
cum
Loan
Society com class A
Dakota
Utilities
Montgomery Ward & Co class A
Moody Investors partic pfd
Morris Plan Corp of America
Mountain
Tel
States
&
Tel
2%
200
102
2%
300
.
2%
10 V2
Feb
4% May
May
102'A May
May
Feb
95
174(4
3Va May
Apr
13% May
Jan
175% May
13%
3,400
170
300
16%
32%
2,700
12%
Feb
900
26%
Jan
33% May
98%
10
97 V2 Mar
,100% Jan
11%
12%
*
*
174%
~4% ~4%
5
173
170
34% Mar
10c
*
95
102%
8% Mar
16'A
32 Va
32 %
98%
100
3%
Feb
37
Apr
4% May
17%
Apr
Corp
common
Jan
33% May
12
12%
1,300
11V4 Mar
13% Jan
13%
14%
1,000
IIV2
Jan
14% May
143/a
143/s
200
13% Mar
1
Mfg Co
^
Muskegon Piston Ring common
Co
102
25
95
May
8% May
10
Murray Ohio
Muskogee
95
102
10
Producers
Mountain States Power common
Mountain
100
100
1
95
9% May
35
May
2%
Monongahela Power Co—
Monroe
Jan
26(4
*
Nachman
Italian Superpower Corp com cl A
675
1,000
17%
*
Metal Textile Corp common
Montana
International Hydro-Electric—
Preferred $3.50 series
Jan
50%
20%
55 VA
—
A
Iron
Midwest
common
*
-i
—
Mfg Co
Merritt Chapman & Scott Corp—
Mid-West
5% convertible preferred
Illinois Zinc CO commop
Jan
49
15,100
50
**
Dredging
Johnson
Midvale Co
Illinois. Power Co
1
common
Menasco
Mar
41%
*
common
$2.50 preferred
McWilliams
Jan
3
4(4
Corp
9%
24
14
McCord
Mead
150
40
McClanahan Oil Co
Jan
800
.
10
common
Mfg Co common
convertible preferred
55%
4 >4
13%
Harris
48% May
7% Feb
2912
common—•
$2.25 preferred
Common stock warrants
Apr
73
28%
3
Power
May
Apr
145
5
Co
'98%
1,400
100
Refrigerator
Jan
l'/4
4(4
Marion
7%
32
31
60
£1
Communication Co Ltd
Feb
145
(Harvey) Inc new common—_5
Humble Gil & Refining
*
Hussman
11 %
Feb
•
preferred
Lock
Feb
9%
May
41% Feb
140
Feb
Hubbell
Hurd
10 v4
600
43 "4
Jan
Mar
10
100
42 >/2
1
475
_1
19
8% May
34
5%
*
•
common
Baking Co
& Hardart common
5%
%
Feb
21
McAleer
4 Va
29
Apr
18
26% Jan
24 % May
Marine
Apr
*
Inc
Apr
22%
Feb
55 Va
54
16%
May
Mar
23%
Feb
% Mar
*
14
"Apr
Apr
11% May
11V4
8 Va
Co
12
6%
11
7!/a Mar
1
*
common
(The B)
Mapes Consolidated Mfg Co
Feb
71
Jan
May
30
20
5%
Mar
96
28 Va May
700
17%
8
1,000
Mar
Apr
7% Mar
11,300
10
Co
9% Mar
10%
IVa
18
%
5
10
11
6%
19% May
110
2,100
250
Mar
%
18%
4,800
10%
--
100
100
1
10
5
4%
Henry Holt & Co common
Hoe (R) & Co class A
•
11(4
13 >A
15 Va
M
Macklntosh-Hemphill Co
Manischewitz
10(4
Jan
May
8%
21
1
*
2
Corp
4(4 May
2% May
13%
15 Va Mar
Jan
1%
25
23%
50(4
Louisiana Land &
Feb
10 Va
10
Apr
Tit
23 Ve
%
7%
1%
•
common
Apr
9
Long Island
Massey
Hearn
May
7 / May
8(4
23%
18
1
Longines-Wittnauer Watch Co
1,300
16
Jan
28
22
*
5
Chain
4
16%
24
Feb
Feb
22%
*
A
class
B
Steel
2%
2% Mar
May
18%
25%
—
*
Brothers common
28
26,000
10
Corp
Llpton (Thos J)
Apr
9
10% May
Jan
Mar
6
5
Inc
(RG)
Material Co
xl4%
21
—
1
25
1
Lionel
Lit
9
X25
8
5
Realty common
Oil Development—
Leonard
10 Va
*
:
Lanston Monotype Machine
La Salle Extension University
3%
900
Jan
17%
1
5
*
2 Va
3%
Mar
1
Lakey Foundry & Machine
Lamson Corp of Delaware
H
9
14
9% May
B
Company
Mines Ltd
Lake Shore
Lynch
5
*
Hammermill Paper
10
Hartford Electric Light
25
Hartford Rayon common
1
Harvard Brewing Co
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
Hazeltine Corp
•
Jan
213A
Laclede-Christy
Louisiana Power
Lamp Co——
Hamilton Bridge Co Ltd
Apr
22%
1
__
Hall
Mar
23%
13
Krueger Brewing Co
Loblaw
Gray
14
16
300
14%
1t4 Jftn
Apr
Mar
14%
-
•
—1
5
Varnish
1% Mar
113/4
Jan
65
8%
Graham-Paige Motors 5% conv pfd—25
Grand Rapids
14
14 Va
14%
1
—1
16
1%
*
10
1
(DEmil) Co common
(IB) Rubber Co——
Knott Corp common
Stores:
—
4%
16%
—1
Kleinert
Kobacker
—
99%
Jan
22% May
14%
200.
Jan
17%
4>A
D
-mm*
Feb
106(4 May
2% Mar
16
x23
16 Va
40
I6V4
preferred
100
Jan
650
1,800
—
10
common—
Mar
1,200
23
*
class A
84% Mar
110
Jan
4%
28 74
1
50
Mfg Co
Gorham Inc
96%
22%
Vb
x27 %
*
;
Apr
5% May
53
*
—
25
28%
1
*
(Adolf) Inc common—
class A
Class
230
100
29
5
Godchaux Sugars
,
Jan
Mar
Jan
10 0
1
1
1
5 %.■:
King Seeley Corp
Kingston Products
Kii'by Petroleum
Klein
Mar
11
1
Inc
4
—
*
•
Distilleries class B
Glenmore
96
.54
37%
10
30
Jan
Feb
103
45 Va
Apr
Feb
40
5%
2%
y8 May
: 12
51 Va
Kirkland Lake G M Co Ltd—
21
—
—
•
2.50
Gladding McBean & Co
Gleaner Harvester Corp
Glen
"4%
*
*
Co
2,000
112% 112%
__
•
_
5(4
High
-
Jan
51%
Apr
x9
Low
9
39%
105%
6(4 May
95
Feb
94
96
1
common
Jan
Apr
36% May
3% Mar
Range Since January 1
——
Jan
300
Shares
High
——
Feb
4,200
of Prices
Low
11%
27
7%
7'A
~4%
•
;
May
8
9
Jan
~4V4 "4%
1
*
preferred
Georgia Power $6 preferred
$5 preferred
Giant Yellowknife Gold Mines
Gilbert
1,200
$6 preferred—*
General
General
$6 convertible
36%
35
~7'A
new com
Apr
6% Mar
%'Wefck*A
Bale*
•=>-"/Range v for Week ■.
' Bale Price*
•
11%
98
•
pfd——100
1
common
Adv
Outdoor
7%
7%
1
preferred series A
5%
General Fireproofing
"7%
9 Va
'
Kidde
General Electric Co Ltd—
Amer dep rets ord reg
-4
General Finance Corp common
*
(Walter) & Co
B
Kimberly-Clark Corp—
4 % %
preferred
—
100
Kings County Lighting 7% pfd B—100
3% May
4%
26'A
.•;;A.Xasfr-
'
Exchange
Curb
Par
2%
—
York
New
High
Low
High
9
——25
preferred—.
STOCKS—
'
Range Since January l
5
Alloys
conv
Shares:
2%
Co
*
General Builders Supply Corp com—-1
General
Friday
Sales
for Week
Last
Sale Frice
STOCKS—
York
New
6'A
6%
900
4% Mar
6% May
2% Mar
4
*
2.50
10
30 %
30%
12%
14 %
30%
200
25%
Apr
N
Namm's
Jeannette Glass Co common
Jefferson Lake Sulphur Co—
,
Jim Brown Stores common—
Preference
Julian
&
—->•
Kokenge
—
1
1
1
6%
8
Feb
9% Jan
7,200
4%
Feb
7% May
7%
200
5%
300
4%
4%
Feb
5%
Feb
7% May
5% May
20%
*
1,200
7%
7%
7%
7%
6(4
7%
Apr
25% Jan
•
Co
Inc
common
National
Bellas
National
Breweries common
1%
Hess
common
National
Fuel
1
*
Gas
National Mallinson Fabrics
*
1
Kansas Gas
Kawneer
Kennedy's
1
& Electric
1%
pfd
Co—
•
Inc—
Key Co common——
For footnotes see
page 33.
10%
5
♦
2
Machinery
National Steel Car Ltd
10%
11%
i7
17
30,400
100
8%
Feb
123% Mar
16%
8%
17
8%
200
400
225
11% Mar
15%
Feb
7% Mar
15%
125
Jan
Feb
17% May
17
Mar
9% Jan
National Transit common
National Union Radio
Nelson
(Herman)
331/4
4
34Va
15,900
1,890
Corp
Neptune Meter common
Nestle Le Mur Co class A
10
*
.—1
30c
Feb
11%
Feb
35% Jan
34
Feb
12% Jan
Feb
16% Apr
113/4
12Va
151/4
15
15V4
800
12 V2
15%
16
200
12%
16
153A
16
1,200
10
10%
2,500
IOV4
101/4
10%
900
"4%
"4%
"4%
2f3"0O
3V2
3Va
4,000
2 Va Mar
Apr
15%'May
7% Mar
3
2%
16
May
17% > Feb
10% May
9% Apr
11% Feb
Mar
21% May
15
Feb
4% May
3% Jan
113/4
53/4
13
600
8%
Jan
13% Apr
143/4
5
5
*
7,900
29 Va Mar
12
4
National Rubber
K
3%
Jan
May
33 V4
1
National Mfg & Stores common
National Pressure Cooker common
National Radiator Co
Kaiser-Frazer Corp
3%
34
---25
preferred
15%
15%
700
13%
Feb
15% May
5Va
6%
1,300
4V8
Feb
6% May
31
32
(2388)
THE
COMMERCIAL
NEW
YORK
&
CHRONICLE
FINANCIAL
CURB
Monday, May 31, 1948
EXCHANGE
RANGE FOR WEEK ENDED MAY 38
STOCKS—
.?;/ New York Curb
;
'
'
^
/
1
.
Friday
''.'/'Last
?'A
•
Exchange a
*■■■<
Par
-
New
England Tel & Tel
New
Haven
Clock
&
Co
20
New Jersey Zinc_i._—
New Mexico
5
1
94
4%
STOCKS—
11
11
11
67%
69%
96
3%
May
6
82% Mar
3,100
New York
,
Jan
Apr
Mar
12 Ya
Park
Mining Co
1%
2
5,700
1%
Feb
2
May
Feb
85
May
1
New Process Co common.
N
Y
N
Y
&
N
Y
100
2,700
Y
Shipbuilding
*
Merchandise
N
Auction
Co
10
59%
75
*
common——
Honduras
Rosario—:
9%
914
gi/a
700
10% May
27
30%
14
-14
100
11
1
18
18
100
14%
30%
10%
Mar
9
50
10
10
Feb
a r
■
——_
5%
2d
Class
preferred
5
Hundred Corp
class B
Mines
Feb '
19
5
Jan
m
Pendleton Inc
&
North
Rome
Cable
Roosevelt
Root
May
Rowe
r:
/
Co Ltd
Jan
Aeronautical Co
Consolidated Petroleum
Ryerson & Haynes common
May
10% Mdy
12% May
Jan
9% Mar
12
Feb
3,200
% Mar
7%
7%
8,100
class
A—
Utility Securities
Texas
RR
y
43%'
47%
4
3%
5
4
19%
19%
1
•
33^
3
;
48
1,800
33
47% May
4 i May
1,900
Mar
2%
15
Apr
Mar
2%
1,700
May
.
21% May
3% Mar
i
Feb
—
—
16%
Ryan
10%
5%
'/Class
A
$2
Ltd com
•
50
1
1
pref
conv
Salt Dome Oil Co.'
class A
25
Northrop Aircraft Inc
Novadel-Agene Corp
101
39%
38
102
50
39%
2,000
Mar
9'/s
400
93
Mar
3774
33 / 34%
3%
8%
16% 16%
Feb
Apr
17
1,000
2574
38
1,600
Jan
7% Mar
141/4
Jan
May
8%
Apr
11
Jan
Feb
16%
Jan
107
125
•
137a May
574 Jan
4% Mar
24% Mar
-a;
—
5%
9%
>.
5%
11
5%
5%
3%
800
Apr
Jan
7%
Apr
7,900
71/2 Mar
11%
Apr
1,200
4% Mar
6%
Jan
United
Samson
Corp
common
25c
1
Savoy Oil Inc (Del)
Sayre & Fisher Brick Co
10%
5,000
8% Mar
37%
4,400
27% Mar
11%
5,600
2%
2%
400
7% Mar
1% Mar
1,200
2'/8 Mar
„
2%
Apr
Schulte
Manufacturing
Jan
Scullin
Steel
34%
Feb
Jan
Securities Corp General
1
*
19%
1
2%
42%
Inc
Co
1
common
1
13%
12%
13%
9,700
7
Feb
13% May
Seeman
*
1934
191/4
193/4
700
16
Apr
22 y*
1674
Inc
Bros
800
32
,13%
Apr
1274
Jan
2%
Jan
372
Apr
472 May
Feb
3
Jan
38%
1
37a
4,200
32%
1,800
27
Feb
33
1674
16%
1,000
10 '/a
Feb
2%
327a
•
Segal Lock & Hardware
Jan
3
25
common
4%
3
94
103
3
4
4
Jan
A)
11%
3574
10%
Feb
(D
10%
37%
10%
90
102
2% May
Jan
7,100,,.
5%
—
—
—
97
'
pfd.100
Jan
87
Feb
7% May
■
33yftMai: \\;f
800
1%
90
1% May
18 ya
2,100
20
3%
Feb
-
13%
4%.
Scovill
'
Northern Indiana Pub Serv 5%
Power
48
50
_
*"
■
43%
47%
*
Oil
Co
States
48
6%
—
1
.—*
1
Ryan
St Lawrence Corp
*
*
47/8 May
191/8 May
13% Mar
7%
11%
—
1.25
Russeks Fifth Ave common
Jan
6,300
Airlines
-
300
12%
10
—1
*
Rotary Electric Steel Co
(The) Corp common—;
1
8%
4,500
23
5
-1
Inc.Co—....
117
1%
Rayon
2%
High
3% Mar
2,300
89%. 91
£1
5
Corp common
Field
Petroleum
102
17%
Central
\
2,400
191/3
__
2%
Low
4%
*
com
new
Apr
lft
Penn
Northern
12%
19
100
Ltd—
Amer dep rets for ord reg
Feb
15%
common
Northeast
900
xl2
pfd F
% Mar
92
x92%
17%
American
North
575
360
1,500
1
American
North
1
l
10%
__
4%
9% May
Feb
7
30,900
Light & Power common—1
North Amer
Class B
»-/-■
j<j
xlO'A
xl2
1
;
Noma Electric____
North
98% 100
__
*
.
Nineteen
Nipissing
100% 101V*
100
-|§
com
9%
9
1007a
100
B
optional warrants
Niagara Share Corp class B
Niles-Bement-Pond
/
9%
2%
Range Since January I
High
Rolls Royce
Royalite Oil
Niagara, Hudson Power common—„1
5% 1st preferred
i,
100
1
vtc—.—
Rochester Gas & Elec 4%
May
Feb
32
15
Mar
Corp—
Founders shares
4%
Shares
Apr
6
for Week
Gas Co—
Valley
(Texas Corp)
Jan
7,000.
Jan
Feb
72%
9
Grande
Sales
Range
of Prices
Low
'
-
1
Richmond Radiator
Rio
Week's
Sale Price
Par
Roeser
New
Exchange
Curb
High
71/2-
7%
•
v
Range Since January 1
Low
500
55^
69%
25
—
& Arizona Land!-—...
Shares
High
92
__
1
Friday
Last
Sales
for Week
Range
Low
100
Watch
convertible preferred—
4Vz%
Week's
5
Sale Price -Hot Prices
2%
1,800
16% May
37a May
18
19%
2 74
2% Mar
1% Mar
16%
600
27a
3y4 Jan
Feb
19% May
2% Jan
Feb
2
7,800
Jan
'
Selby
Ogden
Corp
common
50c
Ohio Brass Co class B common
Ohio Power 4%% preferred.
Oklahoma Natural Gas
Old
15
Distillery
Filters
3,200
675
37
37%
17s
Feb
104%
500
307s
46% May
Apr
Feb
1097a
Jan
387a May
Semler
7
7%
800
15~
15%
150
14% May
22%
22 7a
23'/a
400
15
12%
12'/a
13
6%
9
Apr
Jan
•
1
O'okiep Copper Co Ltd Amer shares
Securities
1
common
1,200
7%
1772
Jan
24
May
Feb
13
May
Public Service
1st
common
69%
73
Apr
Sick's
32
Apr
Silex Co
290
101
Feb
91
Jan
500
Co
_
I
18%
17%
18%
31
30%
31-
23%
24%
Telephone
1
30,700
6%
63/4
pfd
Ltd
1,200
Alexander
Jan
Apr
106% May
Feb
45 72
44%
453/4
1,200
39
Mar
64%
Jan
47a
47a
100
4
Apr
51/2
Jan
65%
667a
1,300
48
Feb
66'% May
11%
11%
300
9% Mar
4%
5'/a
13,000
3% Mar
11% May
6
Jan
10%
900
__
65«/a
47/e
10
May
8
8
28%
~2%
~2%
500
1,000
Jan
6%
Feb
10% May
9% Jan
Feb
2%
1.700
2%
Apr
37a
33/a
1,400
2
Feb
Xl2%
12%
1,700
xll
Feb
39
Mar
69
67%
69
16%
1674
17%
5,200
4%
5
4%
300
10
18
25c
5%
2.50
14
620
5%
18
50
534
1,500
xl3%
14%
1,600
13%
13%
100
—
100
$3 convertible preferred
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred
il
fi
_»
437a
8 Va
42%
8'A
l
14
l
1%
1%
»
preferred
&
10
447a
41
Feb
8%
Jan
18
May
4% Mar
5
Jan
18
May
14%
3%
11
Jan
Jan
6%
Mar
6%
96%
•
Apr
450
(Howard)
common.
6%
9%
Feb
1%
4,700
l'/4
Jan
103/4
400
977a
53»/4
.13%
73A
—
148%
86
9
Apr
8%
16
2%
Apr
May
Jan
11
Mar
May
9% Mar
225
75
94%
Jan
98
Railway & Light Securities—
Voting common
—10
Railway & Utility Investment A
1
Rath Packing Co common—^.—..—10
•
Raymond Concrete Pile common:
Reed Roller Bit
13%
Regal Shoe Co.
Reis
(Robert)
Reliance
Rice
Stix
&
Electric
Dry
page 33.
2%
——
1
3%
x3%
1
10%
Soss Manufacturing commonSouth Coast Corp common.
South Penn
Southwest
5%
Oil
May
Jan
90
Jan
28
Apr
3.400
87a
Feb
3%
13
1.500
2% Mar
x4
10
May
141/2 Mar
1
Mar
4
3,400
10%
x3%
Feb
4'/4 May
5.500
7-1/4
Feb
10% May
Pa
1
4%
4%
400
3»/z
Feb
43%
42%
43%
2,700
33'/4
Jan
10
Pipe Line
California
4%
12.50
common
25
25
25
25
preferred
4.88% cum preferred
4.48% conv preference
4.32% cum preferred—
Southern Pipe Line—
Southland Royalty Co
Spencer Shoe Corp
31
31
40
29'/4
Feb
317a Feb
39
31
39
50
35'A
Jan
4174 May
2874 Apr
27%
27%
27%
500
27%
26%
27'%
1,300
24%
24%
400
26
May
297a
Jan
24% May
22% May
4% Jan
25»/a
8
May
36
48
May
Feb
47%
45%
4 '/a
4%
4%
300
3%
Feb
4%
7%
200
5
Feb
7'/4 May
preferred
Standard Dredging Corp common
$1.60 convertible preferred
Standard Forgings Corp
1%
1 %
100
10%
11%
2,300
22%
22%
22%
200
3%
10
3%
600
2% Mar
18%
18 %
150
17% Mar
20
(The)
1
Feb
8Va
Feb
117a
Jan
19% Mar
23'/a
Jan
17a May
3% May
19 3/4 Feb
11%
1,900
9%
Feb
11% May
27%
X27 %
2,500
25'/4
Feb
29
2%
2%
2%
4,100
1%.
Jan
3
2%
2%
2%
4C0
110
preferred
Products
Jan
11%
10
(Ky)
Standard Power & Light com
Common class B
$7
Feb
1%
2.7
Convertible
Oil
1,600
10%
Co
Brewing
48
Co
11%
28
110
102
10
Jan
May
2% May
l'/e Mar
Feb
lll'/a May
8% May
6% Mar
8
100
5
Feb
3%
3%
2,200
1,500
3%
3%
2%
Feb
5% Apr
3% May
4%
Corp
8
4%
4%
4%
2,000
3% Mar
6'A Jan
Steel Co of Canada.,
Stein
(A)
66%
Products
Sterling Brewers Inc
SSterling Engine Co—
Sterling Inc.—
220
5272
500
22
Feb
17%
1,100
1574 Mar
800
7%
8
1%
1%
3,200
7%
2,600
5%
197a
Jan
8%
7% Mar
% Feb
7
")%
,<
687a May
26% May
Feb
27%
16%
17%
67%
26%
& Co common
Sterling Aluminum
Jan
274 Jan
Jan
'77a May
13
Jan
143/4
1
I
13%
13%
275
Feb
17s
13%
13%
1,750
13% May
15'/a
Jan
Jan
Stop & Shop Inc
Stroock (S) & Co
17%
181/2
1,550
I6V2 Mar
207a
Jaii
277a
Jan
57a
Apr
35^:p
Jan
97%
300
36%
Feb
54
13%
250
12
Feb
14
Jan
73/4
200
Jan
Apr
May
87%
14%
37a
8% Feb
6% Mar
990
79
18
common——
Sunbeam' Corp
Sun Ray Drug common
34
25c
10
144
Feb
1,475
12
Mar
7
.
33
34
700
7
1,400
674
16%
16%
16%
325
3%
3%
3%
1,500
2% Mar
14%
150
7
13% Mar
1
14
•
177a May
37a Jail
10
Feb
300
10 Va
Feb
12
400
287a May
1174 Jan
16
Jan
124
147a
Apr
90% Jan
151
Jan
14% May
18,900
Mar
1%
Feb
33/a May
147a Mar
— —
-u.
Corp
common
1
•
•
Inc
%
— —
20
Feb
May
common
Light 7S pfd-—-- I100
Texon Oil & Land Co
Thor
Shovel
Co
new
Corporation
375
29
Mar
31
Jan
35%
343/4
35%
600
3074 Mar
36
May
Tishman
54
Feb
55
Mar
83/4
20,700
Feb
9
May
Tivoli Brewing Co
Tobacco & Allied
—
5%
2
1174
12
29%
29
29%
14%
14%
15
—
2,700
1187a
.
....
17
17
13
18%
600
18
May
5
20%
19%
20%
1,300
16
Feb
—1
common
common
14%
14%
14%
1,500
12%
Feb
18%
18,700
7%
100
5
177a
11%
1,000
May
31%
Feb
;
Jan
May
Jan
17% May
,/
19% May
21/,
Jan
I3/* May
297a
■73/4
Jan
7
291/4
8%.
4%
43% May
Edison—
original
2974
w
Tilo
Roofing Inc.—
Realty
&
Construction.
1
1
Stocks..
187a
7%
*
__
16%
7 7a
53
54
.15
11% Mar
5%
May
18% May
Feb
7%
497a Mar
90
'
54
Apr
May
Tobacco Security Trust Co Ltd—
24'/a
24%
25%
800
1974 Mar
3% Mar
25%
Apr
Amer
dep rets ord regis——;— —£1
dep rets def regis—,—.. —5s
«
Shipyards Corp
4%
5'/4
1,300
2%
;
5
•
Goods
For footnotes see
270
Feb
13%
3%
Thew
——
1
Engineering-
3%
500
Mar
8% May
Mar
Stetson (J B) Co common
Stlnnes (Hugo)
Corp
Jan
•
1
Co
&
3%
36
May
6% Mar
225
350
25%
3 %
Technicolor
2%
5
*
Co
Jan
88 % Mar
13%
Texar-Power &
Radio-Keith-Orpheum option warrants-
;
270
3%
1
Tampa Electric Co common.
common.
Apr
11%
35
1
Taggart
preferred
11%
Apr
Feb
90
148% 143'%
13%
Manufacturing
1,700
Apr
44'% May
Feb
1,500
54
67%
llloo
convertible
8%
8
260
Paper Mills.
Standard
R
$3
Jan
221/2 May
177a Jan
Apr
■1
Manufacturing Co
Soonton.» Corp
931/8
Feb
37
1.900
95%
5374
5
Quebec Power Co
Raytheon
Jan
Apr
7V2
1,100
£ 1
Standard-Thomson Corp
Standard Tube class B
May
14% May
Jan
87a
95%
•
10
preferred
73
108%
121/2 Mar
1,400
9%
100
Swan Finch Oil Corp,.-
Oats
16%
8%
•
Superior Portland Cement, Inc__
Superior Tool & Die Co
Quaker
xl5%
8%
Solar
15
9% Mar
8% May
100
Manufacturing
Jan
11%
16%
—1
100
Standard Cap & Seal common
Jan
72% May
157a
Light—
Z-$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Mar
18%
Solar Aircraft Co-
Standard
Mar
Colorado—
Power
May
167a
i
■
211 Mar
Feb
•
cumulative
4
19% May
Publications—
Simmons-Boardman
4
13%
53%
87
2J50
America
of
*
Feb
Feb
Feb
62
2,900
•
Starrett
♦
common
*
common
Standard
1
common
2%
104
Stahl-Meyer Inc
3%
50
common
May
29% May
22
12 V2
I50
;
of
9
29%
8%
l
±
Feb
6% May
—
Pyrene
3
May
Apr
2
Providence Gas.
4%%
6%
2
1
Corp of Nevada
Puget Sound
7
Feb
4%
shares
Co
Inc
Service
5% Mar
4
101 %
*
Prosperity Co class B
Public
Apr
26% May
50
LI*
:
Lambert
Producers
14,900
47%
Jan
300
*
Amer
Corp of Canada
Metals
May
63/4
50c
common
1st preferred
Pressed
6%
1061/4 1061/4
2.50
Mining Co
Prentice-Hall
24% May
6%
IIH20
common
Pleasant Valley Wine Co
Pneumatic Scale common
&
Feb
108
May
1% May
16
*
Canada
Ltd
Breweries
Southern
Pitney-Bowes Inc.—
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie...
Pittsburgh Metallurgical common
Pratt
May
17%
18% May
6%
100
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
&
7
4%
—
—
6%
Jan
31
Feb
3
12 »/4
100
Shoe Corp of America class A
Smith
•
Philadelphia Co common
Phillips Packing Co
Powdrell
13
Feb
42% Mar
1
Pharis Tire & Rubber
Power
Feb
Mar
*
4%%
Pep Boys (The)
Pepperell Mfg Co
Perfect Circle Corp
Polaris
Apr
2.50
Penn Power &
Light
Co
Johnson
Mar
23
23%
1
Penn Traffic
Pinchin
24
30 'A
Feb
10
180
25
Penn Water & Power Co
Governor
1,600
*
common
Penn-Dixie Cement warrants
Penn Gas & Elec class A common
Pierce
800
*
$1 cumulative preferred
Pennroad Corp common
Jan
15% May
Mar
Feb
Jan
11
5
Parkersburg Rig & Reel
Patchogue Plymouth Mills
10% May
12% Mar
23
23%
15% May
73
25
common
preferred
36
15%
13
13
700
Mar
15%
10»/4 Mar
100
1,700
29
*
200
15%
1%
2,600
32% Mar
»
12%
15%
3%
500
com
12 74
—
15 3a
700
96
Jan
% Mar
19%
2,100
50
572
900
3%
9%
94%
May
85% May
May
100
151/a
30y4
94%
3
2%
18%
34%
104%
83
75% Mar
1%
3%
9%
101% 103
May
Feb
74
27
2%
15%
29%
Feb
Jan
4% May
Feb
1%
118%
331/8
6%
2%
——
*
1
9%
_
Peninsular
1
24%
lVa Mar
13%
650
5
30%
preferred
Pen
3,000
Shawinigan Water & Power
»34%
Page-Hersey Tubes common
♦
Pantepec Oil of Venezuela Amer shrs__
Paramount Motors Corp
1
Parker
50
5
4 74
Shattuck Denn Mining
5
Lighting $5 preferred
*
Pacific Power & Light 5% pfd—...100
$1.30
85
*
Leather
25
1st pfd
preferred.
Pacific
Pacific
83
85
4%
20% Mar
Jan
25
Gas & Elec 6%
1st
81
common
Sherwin-Williams of
5%%
83
1
1
4%
Pacific
3,100
Safety Control
Serrlck Corp class B:
Sheller Mfg Co
Sherwin-Williams
Pacific Can Co
20,600
1
Corp
Radio
Sentinel
4%
261/4
Inc
B)
(R
474
24%
25
$5.50 prior stock
Allotment certificates
1% May
Jan
33
80
100
_4%
25%
Seton
1
class B
Omar Inc
Overseas
1%
46%
10874 109
22%
1
common
stock
Sentry
Poindexter
Oliver United
13/4
43%
109
21%
*
-5
Co
Industries Inc
Convertible
1%
*
100
Shoe
Selected
O
2%
1,900
1%
Apr
24%
175
187a
Feb
25
Mav
Toledo Edison 4'A%
32
700
24% Mar
32
May
Tonopah Mining of Nevada
24
31%
31%
:
5%
Jan
3%
Jan
Amer
Todd
pfd
'
674
1%
130
174
1%
110% 136
100
97%
96%
1
l'/a
17a
800
,
Feb
17a
Feb
865
88
Feb- ;
'/a
125
92
Jan"
1%
8,500
1
97
'
Mar
7%
:
1%
136
Feb
Jan
May
977a May
1% May
EXCHANGE
CURB
YORK
NEW
RANGE FOR WEEK ENDED MAY
Last
York
New
Sale Price
Exchange
Curb
Loto
Par
Lux
Trans
Trunz
6
LOW
!%• ~6%
400
6
preferred
convertible
10%
3oU
10%
31
May
Feb
9
Jan
9% Mar
12
Jan
-
;
1961
stamped
5s
/I
• ..}
K T'tf
Unexcelled
Union Gas
of
.
Jan
1,900
8
6%
6%
5%
7%
4
1%
4 >/8
Mar
1,100
5%
5%
—•
Canada
Union Investment Co
2% Mar
300
5% Mar
8%
1950
1963
1958
4s
Green Mountain Power 3%s
-.
6%
6%
Jan
300
•
Apr
6%
Apr
If-N
A7s
Union Oil Co of California—
•
pfd series A—*
$3.75
'U
Chemicals
United
United
-
:
''
Light ft Railways
Products common
Preferred
57'% May
62
__——:
May
Jan
A7s
;
—
(July
—„
103%
—
—
100'/a
102%
103 ya
I-* O cn i-
105
2
3
J-J
26 %
27
20
27
5
27
v.
$27
17% -.26%;
;.
17
27
17%
27
16%
27
10
17%
26%
2
17%
27
60
55%
61%
28
26%
26 %
27
27
27
60
1952
coupon)
1941
100%
26%
F-A
1952 '
coupon)
F
series
A 7s
1941
(Aug
60
__
26%
J-D
/
56
—
59%
61% '/
Interstate Power Cc-—
'
4%
4%
48%
48%
U
IS
Jan
4% Mar
38% Mar
48% May
^ Feb
% May
3 %
2,700
200
26,000
•
31"%
21%
20%
17%
Feb
30
A Debenture
18,500
'
Apr
Jan
Jan
>25% Jan
5% May
245
Jan
5% May
25
escrow
with Nov
A 7s
Co—
1947 coupon
'
i
v,
■
3%s——1969
28%
17
25
"
♦
3-D
3%s„——1968
Kansas Power ft Light
9
25
16 -t;
18
v
mm*
21%
25
/-J
•*':
Kansas Electric Power
20.
28%
$13
1963
Altalian Superpower 6s
■
$25
1952
1952
1940 coupon
1
1
A7s ex Nov
/-J
ctfs
Hydro-Electric
Isarco
22i/o May
Feb
1,700
21
36% May
Feb
20
150
19%
Apr
16
36%
19%
19%
21%
•
•
United Milk
v
90
35%
•
10
7
United Gas Corp common
United
97
U
•
common
Corp warrants
Elastic Corp—
United
91% Mar
53%
.
125
4%
48%
50c
Products com—
United Aircraft
89
100
Union Stock Yards of Omaha
55%
95-
105
103%
102%
2
58
$101%
1957 ;
series E
57%
A-O
1957
1941 coup)
(Dec 1
A6%s
A7s
61
300%' 102
$103% 103%
58
$101%
1955
1955
C
series
A6%s
High
38
5
101% 101%
J-J
J-D
J-J
A-O
1970
Indianapolis Power ft Lt 3%s
International Power Sec—
Jan
6
2%
2%
10c
5
Lou)
1
43
H
Grand Trunk Western Ry
Guantanamo ft Western 6s—
U
Corp
Chemical Corp
January I,
No.
High.
43
M-S
Hygrade Food 6s ser A—«L—Jan 1949
6s series B
Jan 1949
Ulen Realization
Range Since
Sold
Bank—
Finland Residential Mtge
Apr
Bonds
Friday's
or
Bid ft Asked
Low
4% May
29% Mar
1
•
Tung-Sol Lamp Works com
6%
Feb
1%
13,400
•
Sale Price
HigJP
•:
% Mar
4
4,200
Week's Range
Last
Period
Exchange
Curb
York
New
Range Since January l
3%
3%
37/8
warrants
Inc
80c
Friday
Shares
High
5%
5%
1
Corp
Tri-Continental
of Prices
Interest
BONDS
for Week
Range
^
>8
Sales
Week's
Friday
STOCKS—
(2389)'-33
& FINANCIAL CHRONICLE
COMMERCIAL
THE
Number 4703
Volume 167
%
$104%
J-J
$108% 109
„
\
107
__
109%
United Molasses Co Ltd—
dep rets ord regis
Amer
-
United NJ RR ft Canal
100
—
8%
8%
100
7 Ve May
107/a
Jan
58%
59%
2,525
-54% Mar
627/e
25
40%
40%
40%
150
41%
Jan
1
10%
9%
10%
1,400
8% Feb
10c
2%
2%
1,200
2% Mar
1
•
17%
4%
17%
18%
3,600
11%
Feb
19% May
Securities
4%
4%
9,200
1%
Feb
preferred with warrants
•
85
84%
475
70%
Feb
86
18
16%
18%
5,700
12%
Feb
18% May
2%
2%
1,100
1%
Apr
3
2%
3%
600
2%
Jan
3% May
61%
40(3
38 %
Jan
common—
Corp_^
U S Foil Co class B
>
$5
International
and
1st
1
1
—50c
U S Radiator commonU S Rubber Reclaiming Co
United
F-A
1963
1967
A-O
Jf-8
4s
1961
2004
3-D
1st mtge 3%s
—1968
A-O
1971
A-O
Lexington 1st mtge 3s
1964
Pennsylvania Water ft Power 3%s_1964
3%s
—-1970
Piedmont
Hydro-Electric Co—
A6%s with Oct 1 1940 coupon—1960
A6%s ex Oct 1 1947 coupon
1960
J-J
3-D
3-3
Stores
Corp
com
2%
Universal Consolidated Oil
10
Universal
Insurance
Universal Products Co common
10
86
60
27'%
5
•
3
x22%
Utah-Idaho
Sugar
Utah Power & Light common
G0%
38%
10
10% May
3%
Apr
May
Jan
67%
Apr
19% Mar
27
27%
3
3%
May
29
Jan
3,400
900
22
23% Mar
600
22% x22%
3
Jan
2%
Feb
19% Mar
3%
Jan
22% May
Extended
Milwaukee Gas & Light 4%s
New
England Power 3%s
NY ft Westchester Ltg
Ohio
Power
1st mtge
3s
Park
of
Service
Public
New
$103
Venezuelan
1
Inc
Vogt Manufacturing
—
8%
8%
4'/2
8%
4%
4%
Mar
10
Jan
Apr
98
Jan
600
3%
20c
•
Petroleum
Venezuela Syndicate
7
80
8%
1
5
Valspar Corp common
$4 convertible preferred
2,800
5%
4,500
2% Mar
xl2%
Feb
Feb
9%
Apr
4% May
15% May
90
24%
1952
5%s series A
*
Wagner Baking voting trust
preferred
$2
3%
200
1%
100
8
Feb
10
107
107
1
__
_
__
11%
11
3% May
Feb
9%
9%
30
preferred
cum
May
% Apr
8 % Mar
200
10% May
110%
2%
Feb
155%
Co warrants
Warner Aircraft Corp
4%
4 %
4%
1,300
2% Mar
6%
4%
5 %
2,350
2% Mar
5 % May
2%
2%
1
Manufacturing
West
Utilities
Texas
Western
Western
1%
2,000
Coal
20
Westmoreland
Inc__
Apr
2% May
Feb
1
1
Weyenberg Shoe Mfg
(Wm)
6% Mar
3,100
$99%
A-O
ft Co
Jan
140
Feb
161
101%
105%
104%
105%
101%
105 V*
(A G)
A-O
104% 105
J-3
$99% 101
3%s_—1970
Gas ft Elec
Southwestern
$104% 105%
J-3
5
(Calif)—
Gas
3s——
M-N
A-O
105%
96 Va
$115% 118%
1966
(Hugo) Corp—
A7-4s 3rd stamped
100 V*
1
102 Va 102%
1950
101
98
$104% 105 V*
F-A
1989
5s_
Corp inc 5s
collateral trust
Stinnes
102'/a
114 Va
116
63'/a
1
65
65
J-J
22%
22%
22 Va
11
A-O
21%
21Va
23
15.
75
22
21
A-O
'
—1946
* ..«*•
Hydro-Electric Co—
A6%s with Aug 1 1940 coupon__1953
A 6%s ex Aug 1 1947 coupon
1953
United Electric Co of N J 4s
Electric Service
with Dec 1
Dec
1
3fc".V
■
1949
28%
10
19
102% 102%
4
102'%
28%
$14
102%
J-D
1
25%
25%
1956
$13
1956
38
—
__
River Oil Corp
Wickes
5%
C)
(R
Co.
&
Inc
Products
Willson
Wilson
Corp
(The)
Williams
10
5
*
1
1-1
r
Brothers
common
29
39%
Apr
25%
Jan
May
Waldorf-Astoria
27%
18
—
A 5s
income
Hotel—
—
15%
450
14% May
18%
Jan
14%
200
13%
16%
Jan
West
Traction
Penn
72
77%
1954
debs
15%
Industries
pfd
2
5s
Newspaper Union—
6s conv s f debentures
M-S
77
77%
15
1964
J-D
107
107%
3
102%
107%
2030
1960
A-O
J-D
106% 106%
2
106
107%
10%
800
6%
Feb
9 %
9%
May
24
May
117
120
1959
F-A
$117% 119%
11
100
—
5s
£1
•
American deposit receipts
8% preference
Wright Hargreaves Ltd
6
6 %
18
3%
1,700
14
7% May
Jan
19
May
18%
150
21%
200
17
Feb
20
95
Jan
102
Apr
13%
13%
100
10 % Mar
14
Jan
16%
17%
600
13
19'A
Jan
8%
8%
1,000
9%
Jan
"2%
"2%
6,000
Feb
22% May
2%
7% Apr
Foreign Governments & Municipalities
2
2% May
Mar
Friday
Interest
BONDS
York
Period
Exchange
Curb
Week's Range
Last
Sale Price
or Friday's
Bid & Asked
Low
Friday
Interest
BONDS
Curb
Period
Exchange
Last
Sale Price
or
Bonds
Friday's
Bid & Asked
Low
High
.
Sold
Range Since
January 1
No.
Low
High
Agricultural Mortgage Bank (Col) —
A20-year 7s
April 1946
A20-year 7s
-Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Danish
A-O
J-J
61%
J-D
—
M-IV
F-A
—
Bonds
Range Since
Sold
January 1
No.
High
1970
102%
84
92%
100
Af-N
102%
102% 102%
37
96
103
1964
J-J
106%
105% 106%
20
103'%
106%
1960
J-D
110%
110 % 110%
8
109%
111
1998
Q-F
162
168
1970
3-D
107 y2 108
98%
983i
99
108
6s
$155
--
166
External
101% 101%
23
98%
102
5s
1
61%
61%
65%
62%
31%
3
31%
39%
84%
68
84%
—
__
:
31%
1948
J-J
89
89
89
23
81
92%
'<Ag%s (20% redeemed)
1954
M-S
92%
92
92%
63
82%
93%
1966
M-S
104% 104%
8
Cities Service
Jan
5s_,
Debenture 5s__
1958
A-O
Debenture 5s
1969
Af-Q
Debenture 3s
1977
J-J
ConBOl Gas El Lt & Pwr
t
-,
(Bait)
Consolidated
u Gen
1981
—1962
debs
Gas
(Bait
City)
85%
103
105%
107
785
J-D
J-J
A-O
Af-N
106% 106%
8
$100% 102
78
105
105%
102
106%
100'A
97%
62
A-O
113
113
109
113
1
112%
of
N
J
Division—
1st mtge 4s ser A
A 1st mtge 4s ser B
Eastern Gas & Fuel 3%s_
Elmira
Water Lt & RR 5s
Ercole
MarelU
r
Elec
Mfg
1993
1993
Af-If
May
1965
J-J
1956
M-S
62%
45
62%
44%
103
A7s
(issue Of Oct.
1927)
AMortgage Bank of Chile 6s
M-N
J-D
—
—
M-N
A-O
J-D >
1972
J-D
2008
J-v*
1997
JS
2012
1919
J-D
M-S
J-J
Mortgage Bank of Denmark 5s
Parana
stamped (Plan A>
2%s
Interest reduced to
(Republic of)—
IS to 2 %S (ser ABODE)
Rio de Janeiro stamped (Plan A)
Interest
A Russian
o
5
6
8
12%
7
12
15
26
$31 !c
26
33
1
24
33
30
39/4
42%
$41%
42%
12
—
—
—
42%
*
44
44%
22
81
—
27
—
-5
27
.^3/
20
33%
,.v
.4-4
22 ^
2
3'2
18
2-8
2/4
—
$41%
$60
70
—
524
—
1
44%
-2
71
--
—
--
reduced
2%
to
Government
6%s
12
55%
45%
31
29%
11
97%
103
_
„
34
34
—
2a
<
35 /e
.
--
«
-
^4
3'4
24
3/2
included in year's rMge). d Ex-interest,
e Odd-lot
transaction
f Ex-distribution.
g
principal,
n Under-the-rule transaction
(not included in year s range),
r Transaction i
c .
(not included in year's range), x Ex-dividend,
y Ex-rights.
•Friday's bid and asked prices; no sales being transacted during current week.
63%
46
103%
112
31
31
par
ABonds
value,
being
a
Deferred delivery transaction (not
(not included in year's range),
traded
flat.
rt„
,
"
certificates of deposit; "cons " co
"M," mortgage; "n-v," non-voting stock,
v t c,
i," when issued; "w w," with warrants; "xw," without warrants.
SReported in receivership.
112
Abbreviations-used above—"cod,"
Co—
$25
A6%S ex Nov 1 1947 coupon—1953
$13
63%
$110
1940 coupon—1953
A6%s with Nov 1
78
*
6.2
6%
-
115
Delaware Lack & Western RR—
Lackawanna
12%
M-S
1947
1947
1931
A5%s
1954
6%
J-J
1921
1927)
100'A
104%
—
mtge 4%s——
„
Bank of Bogota—
of May
•No
•<uU
(Peru)
reduced to
(issue
88%
98%
$99% 100 %
105
-
105%
12
87%
1952
Peru
1969
1976
1st ref mtge 2%s ser Q
1st ref 2%s series R
conv
29
106%
103% 104%
106
86%
105
—
1st ref mtge 3s ser P
2%s
104
104
75
75
$55
$50 '
"
6%s stamped_1958
(Plan A)
2%s
2008
AMedellin 7s stamped
1951
Interest
A7s
,: A5s (20% redeemed)
—
Maranhao stamped
Mortgage
ICentral States Electric Corp—
1955
1953
5%s
External
City
High
Municipal Loan—
Cons
Danzig Port & Waterways—
AExternal 6%s stamped
ALima
6s series C
Steel
2
J-J
1955
pelf Telephone of Canada-
J-D
1953
Low
61%
$61
61%
'
Bethlehem
il
12% Mar
Feb
101%
21%
100
13%
*A.
Jan
Feb
10
6%
103%
May
11%
New
York
99%
Ltd—
Woolworth (F W)
New
12
100
100
**
1
Woodley Petroleum
600
„
100
Inc
17% Mar
23
22%
10
25
*
preferred w w
Winnipeg Elec common
Wisconsin Pwr & Lt 4%%
Woodall
23
103%
--
Western
Wichita
'# ri
May
Mar
Feb
"*.
•
Co—
1940 coupon
1947 coupon
Washington Water Power 3%s
West Penn Electric 5s
—
-30%
Terni
ex
33
1,225
2nd
A 7s
25 % Mar
39
38
1946
Industries—
stamped
(Hugo)
A7-4s
14%
15%
101'/a
51
103% 104%
1971
Counties
A 7s
x22 % Mar
--
—
113%
97%
•
Southern
101
113%
1
1973
California Gas 3%s
>
103%
100
—
100
1970
3%s series A
Southern
Apr
115%
__
39
104 Ve
M-S
155%
98
15
99% 100
A-O
100
May
10
112
10
Whitman
10
9%
9%
$6
Westmoreland
—
140 %
$114
United
1.25
preferred—_•
Maryland Ry 7% 1st pfd—100
Tablet' & Stationery com—*
Wentworth
34
19
151% 155%
Jan
Jan
13
5
1
WatchrCo_—
Ward Baking
19
—
Af^S
5s
107
1
Waitt & Bond Inc
106
Stinnes
3%
ctfs ext.*
100
105
103
2
24%
24%
$13
M-N
AStarrett
Waco Aircraft Co
103%
3
104% 104%
Joaquin Lt & Pow 6s B——1952
Scullin Steel inc mtge 3s
1951
Southern California Edison 3s
1965
1st mtge
108
.82%. 92
90
.
$104%
104%
103%
101% 102%
$102% 103%
M-H
perpetual certificates
Queens Borough Gas & Electric—
6%
Spalding
W
32
107%
105
—
107% 108
108
104
101%
5
107%
307
M-N
105
Jersey—
San
Waltham
67
102%
5
103% 103%
103%
Safe Harbor Water Power Corp 3s_198l
7%
102
58
15
66
66
66
5Ve May
Specialities
S
1956
deb 4V2S
Valley RR—
at 4 % to
Midland
101%
1
101% 101%
Apr
U S Air Conditioning
.
Jan
1%
Preferred
U
Feb
2
59%
preferred
Machinery
Shoe
United
247%
25c
10
common....25
United Profit Sharing com
-10%
United
1% Mar
900
1%
1%
McCord Corp
36
tive; "conv," convertible;
"w
voting trust certificates,
.
, ,
,
t
34
(2390)
COll^ERCIAI.
THE
& FINANCIAB
CHEQNICLE
Monday, May' 31, 1948
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED MAY 28
Baltimore Slock
Friday
Last
STOCKS-
*■
Par
Arundel
Corporation
Baltimore
5Vc
Low
Transit
1st
15'/a
Co
preferred
com
t
v
v
t c
c
Range Since January 1
Low
High
Cities
105
2
Mar
5
Jan
Coleman
40
12
Apr
23
Jan
Commonwealth Edison
50
144
25
158
Jan
16 Vb
Mar
160
20
National Marine Bank
Amsterdam
U
6
Fidelity
oi
30
Casualty-,.
Seaboard Commercial
100
100
65
Jan
108
Jan
Dodge
Mfg
53 %
2
28
53%
50
51%
28
28'
70
25
28%
Feb
50
26
26
30
26
May
50
5%
52
pfd
Guaranty
52 y«
155
44%
Jan
26
Feb
Fitz
May
Flour
5s
series
Mills
1975
A
55 V2
55 '/a
64
—1975
65
$9,500
1,450
Mar
68
Jan
Apr
45
54 V2
77
common
Connell
&
of
Four-Wheel
4s
—
Week's
Last
STOCKS—
Fox
Par
American
Tel
&
Tel—*——
American
—.—
50
Woolen
Anaconda
Copper
Bird
8s
Son
«
Stamped
100
36 % Mar
712
30%
Common stamped
6%
41%
class
7%
cl
10%
C
1st
*
19%
334
19
26
475
22%
Calumet
&
V
4 */2 %
-
)
3
May
4
3%
100
100
7%
7%
10
5%
100
7%
7%
70
5% Mar
S3
Street
National
7
54
16%
100
Inc
,0,;'
5%
Mfg Corp
Racing
26%
57%
284
49% Mar
58%
41%
39%
42%
2,686
31% Mar
£38%
42% May
38%
39%
505
28
--
1
Assn
1
6%
,
;;1
U
S
Feb
605
6%
Feb
4%
Apr
20
—100'
100
—2.50
100
—50
__
—2.50
28%
115
19% Mar
28% May
40c
•
.25
54c
74c
69c
110
77c
4,053
10
Feb
Feb
Apr
10% Mar
12%
220
83
96
310
.
10%
1,865
Mar
Apr
Jan
May
13% May
38c
Feb
85c
Apr
110
10
38%
40
193
30
20%
20%
22%
932
16%
5%
5%
1,375
3%
Feb
7%
7%
98
5%
Feb
5% May
7% Mar
14%
15%
365
13%
Feb
15% May
——
107% Mar
Feb
Feb
125
Jan
40% May
22% May
Jam
Jan
...
North
15%
268
13% Mar
49% May
15% Jan
32
487
23
32% May
Range
of Prices
Shares
Sale Price
Par
Admiral Corp common
Advanced
Alum
American Te!
Armour
&
12 y4
5
Castings
& Tel
Co
Co
5%
*
Investment
Automobile
Washer
4
common
Borg-Warner Corp
Brach
&
Co
Burd
Piston
Sons
(new)
7%
Feb
9%
Feb
25%
14%
26
14%
1,050
1,700
1,400
21% Mar
148
Mar
11% Mar
2%
31%
750
1,000
12% May
6% May
12% May
26% May
157% May
15
May
1%
Feb
2% May
31% May
6% Feb
31% May
7%'
7%
4%
4%
100
3%
6%
6%
6%
2,100
4%
150
8
Jan
Feb
4%
Apr
Feb
7 % May
36
37%
750
32%
Feb
40
18%
18%
650
17%
Feb
20%
13
1
14%
12%
13%
1,200
11
Mar
15
400
9% Mar
15
11%
450
9%
11 %
Apr
Mar
Jan
13% May
14%
10%
63%
2%
common
111 Secur Corp common
Convertible preferred —;
W Ul.il common
.
Convertible preferred
see
page
•
43.
45%
200
51
30
13%
15%
50
950
17%
—
100
28
750
21
350
6% Feb
88% Mar
8
7%
10%
96%
100
11%
500
10%
2,700
10
7
7
lo%
10
10
900
18%
18%
100
63
63
28%
28%
6
150
10
—
Feb
8%
99
774 May
Feb
107a
<21%
44%
Jan
400
72
22% Mar
100
9% Mar
7%
1,600
13%
13%
100
30
300
22
150
Jan
10% May
13% May
26%
Apr
Jan
Mar
13
7% Mar
3,750
Jan
29% May
Feb
11
Jan
10% May
19%
16% Mar
50
Jan
May
14%
Feb
10%
x30
May
16 72 May
39% May
23% Mat
15% Mar
8%
Mar
5
10% May
6% Jan
150
18%
28%
9%
450
.
Jan
42
Mar
5
Mar
647a
Mar
23
11
May
15
Feb
30
..
Feb
May
■
4%
4%
47%
47%
30
4% May
47% Feb
63%
_•
new
64%
300
48% Mar
*
28%
28%
15%
—
corn-
...2
16
...10
common
Car
16
37
37
10
32%
32%
ww
8%
*
common
21%
~1
5
—
4%
Feb
49%
Jan
64% May
29% Jan
28% May
*9%
Pressed Steel
Rath
Car
Packing
Spiegel Inc
St.
Louis
Clothes
Lathe
1
1,700
6% -Jan
,
May
24% May
21% Jan
22
May
200
9%
Jan
260
29%
Feb
31
33%
33%
400
27%
Feb
34% May
w
50
1,600
12%
150
31%
33
1,050
Feb
10%
Feb
26
Mar
12%
13
500
11%
25%
27%
4,300
1.5%
7%
7%
7%
50
6
Mar
25
Jan
WW
1
capital-—5
26
—2
26
'
11% May
Jan
15
■-
Jan
42
May
12% May
33% Apr
Feb
14
Feb
287a May
8% Jan
Jan
32
26%
350
12%
13%
1,900
.14
May
32
WW
*
•
11% May
32
26%
•
capital-
13%
41%
12 %
—
31%
_•
.
Stockyards
13%
40%
WW
WW
•
common-
Works
common
Nat
;
Xl7% May
16% Feb
10%
•
Prod Corp common..
Steel Strap common—
Corp
Brand
21% Apr
100
29%
Oil
Bend
3,600
May
10
8,950
18%
20%
Apr
10
24%
22
Jan
22%
-
10
9%
•
Society
Feb
7% Mar
10%
capital
Shellmar
19%
2,050
29%
Corp class B common.—.mil
Signode
650
9%
W —
Sears Roebuck & Co capital
Sinclair
22%
Jan
May
—
1
Serrick
Feb
1
common
Cummins
9
8%
—10
common
Sangamo Elec Co
35
23%
20%
common
167a Mar
37%
Mar
xl7%
WW
Pennsylvania RR capital
15% May
32% Mar
26
150
9
24
10
50
100
9
21%
9%
1—25
150
37
ww
..20
common
Peabody Coal Co £ontmon
5%
prior preferred
32%
110
30
Jan
33
Mar
Feb
48% May
16% May
77a Mar
28%
Apr
•
Standard Oil of Ind capital
—25
Storkline
Furniture
&
Corp
Co
Tool
capital
Co
(The)
&
Mfg
Indust
Mach
17% Mar
187a
150
277a Mar
35
May
27
2,300
197a
27
Mar
35
600
30%
Jan
Feb
36%
Jan
300
15
May
21%
Jan
20%
1,200
16
Feb
21%
Jan
Feb
37
Jan
Mar
48
Jan
May
May
30%
31%
650
28%
47%
110
44
41%
42
1,100
41
May
42
79
79
100
68
Mar
81
30%
31%
•
31%
300
257a
18%
350
10%
10%
1,125
13
13%
14%
18%
•
Jan
16%
47
*
10%
1—2
capital
Feb
9%
19%
30%
com— 12%
common
100
34
16%
'
20%
(inew) —*
U
Elec
18
47
.
Union Carbide & Carb capital
S Steel common
Feb
X34%
WW
.5
—.2
common
Feb
7Va
24%
27
25
St Corp
12%
1,350
33
WW
ctfs of dep_
.
37%
8
17%
*
_.
stock
700
800
7%
—10
...
Corp
So La Salle
48%
16%
7%
common-.—5
Swift International Co Ltd
Thor
47%
16
1
common
common
Mach
48%
16%
Stewart-Warner Corp common
Stone Container Corp common
5
Feb
13% Mar
10
Feb
317a May
187a May
11%
Jan
100
1074 Mar
14
Jan
14%
600
13
14%
Jan
.
Feb
Stocks—
Alleghany Corp
Armco
,
18
100
14%
14%
900
2G
Feb
Mar
May
Steel
12% Mar
16%
Feb
New
Motor
15
May
350
3% Apr
6
1%
2% May
1,050
10%
Feb
8%
Feb
07e
64%
5
capital—
*
.
Co
Corp
of
14
10%
1,700
14%
2,800
65
300
Feb
9% Feb
64%
Feb
14
Jan
-272
Inc
new
com.
Wilson
&
Mar
Co
14
Mar
19% May
13%
900
1074
Feb
13% May
9%
8 3/a
WW
■
300
2,600
W
42%
1,400
5%
400
67t
1,000
19%
2,700
America
*
—
common—
WW
5%
5
10%
10%
1
3372
;
common
Spring.—...——
Corp common
Corp.
66
Oil
500
16s/a
—
17%
900
Feb
—
common
May
67a Feb
9 %
472
Jan
8%
May
Apr
5 3/a Mar
6%
Fet?
317a Mar
42% May
5% Jan
33/4
Feb
43/4
Feb
6% May
14% Mar
19% May
127a
Feb
143/4 Mar
WW
37
5%
2,800
47a
Feb
11%
350
834
Feb
17% May
16%
Jan
5% May
11% May
2 6 3/a
1,100
18 72 Mar
26% May
1672
19%
2,000
153/4 Mar
23%
373/4
39
1,600
X2574 Feb
13
2,200
25%
167a
.
38%
_•
12%
81%
Corp
30%
197/a
1972
165/a
—25
United
May
32% May
113% May
6Va
1874
Standard Oil of N J
Studebaker
Feb
92% Mar
500
5
—
20%
Sunray
26%
100
40
10
10
107a
700
283/4
293/4
700
20%
21
*
WW
8
7 3/«
23
Feb
42
Jan
May
Feb
13% May
11% May
Feb
30
May
May
3,200
147/r
Feb
21
81%
1
.
May
300
4% May
363/4
WW
42
—15
10% May
14% May
31
7%
WW
—1
Steel
41
9
8%
Radio-Keith-Orpheum
Republic Steel Corp common.,
Standard
16% May
Feb
2% Mar
■
m
—
(The)
Feb
307a
13%
WW
"w
Car
Pictures
Oil Co
Radio
RR
123/i
600
19%
Socony Vacuum Oil Co Inc
9% Mar
2,600
13%
Corp
1,200
36
1
4
Airways Corp
Pure
2%
13%
Motors
American
Amer
*
Light
York Central
North
.—1
1,300
30%
*
1
4%
167a
41
1133/4 1133/4
—
36
*
Nash-Kelvinator
37a
1672
4074
31
W
—
Graham-Paige
Pepsi-Cola Co
5%
9%
(The)—
Television & Radio
General Electric Co
Gas
37a
16%
WW
1
System Inc
Motors
63 % May
2
13%
•
Farnsworth
May
Apr
10
.100
Products
Gas
62
18%
—50
_
Curtiss-Wright
Laclede
*
San com.
Corp
Certain-teed
Columbia
Packard
30% May
16% Feb
& St
Copper Mining
Atchison Topeko & Santa Fe
Bethlehem Steel common new
Pan
Apr
.—1
Radiator
Anaconda
May
5
2%
*
50c
1
common
200
61
30
1
.1
63%
60
60
common——,—1
Central
For foqtnotes
Feb
3%
150
18%
*
16%
38%
*
Penn Elec Switch class A
Paramount
Carr-Consolidated Biscuit
Cent & S
7%
350
High
37 %
Burton-Dixie Corp—.
12%
Butler Bros common—————10
Chicago Corp
2,900
6
12
2%
5
capital
common
Ring
12%
5%
31%
10
common
(E J>
(EL)
2%
1
Manufacturing Co capital—
3% Mar
Mar
22%
10%
common
American
Low
•
Borg (George W) Corp
Bruce
10%
Range Since January 1
10
common
Mfg Co common—
Berghoff Brewing Corp
400
30
4)% Mar
11%
common
Unlisted
High
157% 157%
3
3
52
10
15%
*
_•
Bancorp
Continental
Belden
Binks
14%
10
Manufacturing Corp
Bastian-Blessing Co
157%
1
Co
Athey Products Corp capital
Avco
25%
100
__5
capital
common
50
38%
•
common
Manufacturing
Oak
Yates-Amer
11%
♦
Asbestos Mfg Co common
Associates
Low
1
Aetna Ball Bearing common
Allied Laboratories common
56%
41%
4%
—10
Co
Standard
Northwest
Woodall
for Week
27% May
Sales
Last
'
Week's
Feb
Jan
96 %
Wieboldt Stores Inc common..
Wlsconsin Bankshares common....
Chicago Stock Exchange
117a May
18%
24%
1,950
--
vtc
common
Northern 111 Corp
208
30%
9% Mar
200
1,300
56%
*
American
Trane
Feb
Feb
1874 May
*
Apr
38%
38%
30
Jan
21
Feb
41%
*
National Pressure Cooker
Apr
90
100
11%
27%
28%
WW
40%
40%
48%
Friday
10%
1—5
Corp capital
Westinghouse
STOCKS—
15%
26
29
mil
Montgomery Ward & Co
Muskegon Mot Spec class A
62%
40%
Feb
11%
—.
common
Chemical
Swift
42
14%
31%
300
Jan
10
May
387a May
Mar
18%
Jan
"
7% May
Feb
17
—
Mfg common..
54% Mar
47%
'
28
200
/Apr
64 % May
Feb
400
18
1—1
common-
$1 prior preferred
Sunbeam
56%
7%
10,750
19%
TO
...
common
Modine
Sundstrand
Feb
6% Mar
50% Mar
38%
—
com.
common
Monroe
May
35% Mar
10
8%
12
May
48%
200
2,700
10%
16
60
7%
64%
12
41
700
197a
10
11% Mar
2,638
1974
May
12
34% Mar
59%
r
Mar
10%
216
56%
12
167a May
9% Jan
16
1—111
323
41
:
Feb
11
.—5
16
58%
7%
18
..100
Tool
common.
West
41
55
—
May
20
Mickelberry's Food Prod
15%
40
—
Jan
13% Mar
38
WW
Marshall Field & Co common
40
55%
9%
-
*
common
Univ
Jan
100
200
Middle
South
38%
■WW
-12%
13% Apr
19% May
30c
13%
w—
—
14% Mar
600
94%
40%
■_
—,
529
809
11%
Co
Schwitzer
12%
10%
w.—
I—*
common..—1
1
RR
Jan
3%
Feb
17
10
38
common.—......10
Products
Ext
&
Jan
19%
,4.7c
13%
5
_
Corp
54
92%
40
Electric
36% May
11%
—
iWaldorf System Inc
55% May
Feb
41% Mar
93
•
-
—
Machinery common
preferred
:
Feb
28%
150
—
ww
Shoe
31%
40
52%
18%
-
•
Inc
50
36%
25
...
Inc
58% May
13% May
12%
52%
12%
40c
*
Westinghouse
dan
42%
27%
—
18%
Mills
Rubber
3%
780
Jan
52%
1
Union Twist Drill
United
'935
58%
May
51%
52%
1
—
/1 United Fruit Co
>
33
36%
52
__
Shawmut Assn
I,,
4
57%
Jan
26%
Feb
12%
r.
Apr
16
7%
__
common—
Pneumatic
Steel
Salle
39% May
*
Butte Mining
(N H)
Co
Central
National
55 VB
5
Cos
Webster
Jan
57%
100
I Northern RR
&
Apr
23%
3%
common
N Y New Haven & Hartford
Stone
93
Ap/
Apr
,f
New England Electric
System
1 (!■ New England Tel & Tel
Torrington
Fib
21%
Feb
*
common
Pennsylvania RR
Qiiincy Mining Co
81
75
*
fjf; Nash-Kelvinator
i'j Rexall Drug.
95
22%
20
*
Pacific
Jan
488
100
j/J North
82
88
—
1
•
Preferred
Feb
905
i
Narragansett
Feb
33
:
__i
.0 National Service
Feb
9%
21%
Mathieson Chemical Corp
? / Mergenthaler Linotype
Mullins
31%
4%.
RR
preferred
92
250
Apr
57% May
16% May
30%
•
100
60%
63%
Libby McNeill & Libby common—1—7
Lincoln Printing Co common
1
*
Lindsey Lt & Chem common
7%
21
*
300
200
9%
tmmm
...10
common
Drug Co
Leath
Apr
May
33
Co
May
15%
1
& Co
Miller & Hart Inc
Feb
79
6
1074
17
•
International Harvester
Katz
17% May
*
.
Copper
Central
10%
49
Feb
22%
•
common...
Assoc
*•
Jan
6%
50
Jan
'
10
15%
9
...
13% Mar
170
80
Apr
Apr
86
mmmm
100
C General Electric
Maine
80
100
.
Stores—
:
9
9%
34
50
56
15
7%
332
77/a
Jan
Apr
Apr
Ry—
V, Gillette Safety Razor
|| Isle Royale Copper
Kennecott
95
17
48%
*
B
Lines
10%
16%
10
pfd adjustment—*
Eastern
10%
48%
2%
82
Jan
39
8% Mar
44
10
ww
5
Illinois Brick Co capital
4"% May
Associates—
preferred
W, First
3%
.
1? i Employers Group
4"% May
100
16 %
May
300
15%
'
ww
WW
—25
La
48
prior preferred
Mass
Dk
&
(Geo A)
Independent
Mar
Feb
487a
May
6
Apr
29% May
,
1
Illinois
Apr
28
32
—-
Co
6%
1
19%
Feb
6
*
2%
Feb
25
70
100
77a
39
May
25%
300
.97
*
common
Kellogg Switchboard
5%
J,
r
May
415
..5
——
Range
Eastern
•
21% May
Feb
4%
Hecla__
Service
Copper
Dr
(G)
Hupp Corp
43% May
45%
100
6
9%
2%
—
25
280
6
:
::io
—
Brew Co capital
Indiana
19
30
9%
9%
6% Mar'
350
,
Hibb Snencer Bartlett common
125%
Feb
25%
class D 1st pfd stamped—1-100
Cities
,
Feb
Mar
36%
4%
pfd stamped
,3 Eastern Gas & Fuel
"V*
17%
115
1,501
44%
stamped™
1st pfd stamped-
A
(W H)
Lakes
Hormel
40% May
100
-—.
-
;
I
Feb
—10O
_—
Boston
Personal Prop Trust
Boston & Providence RR
$
i
15
248
42%
19
*
preferred
5%
||j
20%
1211/4 124
—
—
7 V prior preferred
•
j
667
40%
42
6% ~
Jan
/
Inc.,;
Auto
Harnischfeger Corp
High
158% May
55% May
Boston & Maine RR—
I!
:
55%
39%
121%
4,100
—
_•
Refrigerator Co common..
Safety Razor common
Heileman
147% Mar
51%
20%
Boston Herald Traveler Corp
V
Low
2,642
—
25
200
28%
...10
—
Hammond Instrument Co
Range Since January 1
52%
—100
-
—
27%
27%
Brewing common.*.. -1%
Gossard Co
High
157% 158%
Inc__
Boston « Albany RR
Boston Edison 'i#
;
Boston Elevated Railway—
:
157%
25
for Week
Low
100
Gibson
Gillette
Shares
Feb
6%
common—
America
Drive
(Peter)
Great
Range
32
V
Sales
of Prices
Sale Price
400
30
Jan
Exchange
Friday
56%
27%
1
General Candy class A
General Finance Corp common
General Motors Corp common
Boston Stock
54%
25
5
Credit Corp class A
Dredge & Dock
52% May
BONDS—
Baltimore Transit Co
54%
64% May
57% May
-2%
Corp
Simmons
80
Feb
30
Eddy Paper Corp (The)__
Domestic
Jan
52%
*
Lighting
May
53% May
High
71
500
...25
(new)
Curtis
Common
Low
75
*
•
.
__
common
common
Range Since January 1
High
64%
...10
(The) Co Inc__
Consumers Co
May
Low
61%
Club Aluminum Products Co com_.
Jan
Shares
73
common
47a
158
13 Va
Mount Vernon-Woodberry Mills—
New
Co
Service
545
19'/2
19'/2
20
Shares
for Week
•
Chicago Towel Co common
Chrysler Corp (new)
15 V*
4'/8
.100
.
Fidelity & Deposit Co
Par
High
Sales
Range
of Prices
Sale Price
for Week
of Prices
Week's
Last
STOCKS—
Sales
Range
Sale Price
Friday
Exchange
Week's
81%
400
6974
Feb
15%
15%
200
1172
81% May
15 % May
Feb
1
28 3/4
277a
283/4
1
1,800
153/8
147a
15%
5,900
974
Feb
3%
33/4
900
2%
Feb
15% May
3% May
200
127a
Feb
17% May
•
•
17
17
1672 Mar
28% May
Volume 167
Number 4703
COMMERCIAL
THE
&
FINANCIAL
OTHER STOCK
CHRONICLE
(2391)
35
EXCHANGES
BANGE FOB WEEK ENDED MAY SS
Friday
Cincinnati Stock
'7',v7
..
'•
,
Friday
American Laundry Mach
American Products common
Baldwin
Par
—*
*
Corp
Cincinnati
Gas
Preferred
Products^
C N O & T P common
Cincinnati Street
Cincinnati Telephone
6Va
3% Feb
3% Mar
100
Jan
19
Apr
Apr
7
May
50
14%
5%
25%
110
18
Feb
25% May
10%
60
8
May
11% May
6%
366
5
Mar
6% May
387
23
6%
75%
74%
101
93
Jan
80
Jan
98% May
5
May
Consolidated Paper
Continental Motors
Davidson
Detroit
12
73
Mar
81
Apr
13
?
230
10%
Gibson Art
Kahn
90
24%
25%
95
19%
__
Kroger
—*
51.
,—>
—
Lunkenheimer
8%
Randall
U S
class
Ale
Mar
.Jan.
Jan
Gar
Wood
General Finance
General Motors
Western
Bank
—
Feb
25% May
Graham
58
16%
40%
Feb1
Feb
Hoover Ball & Bearing common
Hoskins
Manufacturing
Howei Electric
68 %
627
Jan
Kinsel Drug
220
62 Va
215
2
Feb
7%
232
44V4
350
40
71%
377
48
8
10
8
May
May
6%
Jan
Jan
49%
Apr
50
Jan
9% Mar
common
Lansing Stamping
LaSalle Wines
McAleer
American Tel & Tel
100
(Un)
'
,__iuu
Chesapeake & Ohio RR
City Ice & Fuel—
25
Apex Ele<J prior pfd
Cleveland
\ $4.50
Cliffs
Iron
;
Electric Illumin
16 Va
•4%% prefererd
i
Graphite Bronze (Un)
Consolidated Natural Gas(Un).!
—
Electric Controller
•
Faultless
(Un)
Rubber
common
. v
■
•
•
,
Gabriel
Co.
General* Motors common
Glidden
Co
Goodrich
(B
F)
Gray
Drug
Halle
(Un)
Bros
common
Interlake
class A
'
•
Jan
Apr
40% May
110% May
51
Jan
75
47%
Feb
61
78
110
Apr
Feb
88
100
9 Va
Feb
22%
146
20%
Feb
25
43
Feb
150
6% Mar
42 Va
42 V8
491
31% Mar
63
160
a27% a27%
50% Mar
28
Mar
10
47 % Mar
38% Mar
15
15
50
32%
32%
40
12%
—
13
45%
12
——
a
34%
200
45%
85
12
64
May
47% May
14
-
Mar
17
22
Mar
32% May
12% May
14%
40 V2 Mar
Jan
Feb
48
Jan
12
Jan
34
a
12
Jan
39
Feb
54% May
15%
20
11 Va
Feb
14%
12%
1
Cement
*
327
4
—
1
(Un)
31V2
Jan
35
Raisin
River
Scotten-Dillon
10
Feb
14%
Jan
22%
39
50
33 %
Feb.
4% Mar
5%
4%
5
700
Superior Tool & Die
Products
U S Steel
common
Van Dom
Iron
Inc
Timken-Detroit
Axle
Warren
Tivoli Brewing common
White
United
U
S
Shirt
Youngstown
Dist
Feb
15
12%
Feb
18
1%
1%
300
3Vs
3Va
150
2%
200
5%
5%
100
4Va Mar
1%
29%
1%
1,550
29%
100
21% Jan
29% May
15 Va
15 Va
100
13 Va
17
1%
10 Va
15 Va
3
Apr
3% Jait
2 Va Mar
27/a May
1%
Feb
Feb
6
May
Jan
2
Jan
4%
Feb
200
3%
Feb
2% May
5% May
37/a Jan
Mar
33% Jan
1,655
528
825
1,000
3%
100
23%
7Va
3%
3%
23%
125
7Va
7Va
226
10%
11
11%
1,043
6
—
__
2% Feb
28
Feb
3% Mar
6%
Jan l
4
May
8% Jan
__
8%
Feb
10% May
16% Jan
2%
Feb
3% May
3
Feb
12
Feb
17% Mar
5%
Feb
9% May
3%
Jan
23% May
7% Apr
12
200
6
Apr
500
6
12 %
11
Feb
13
,
14
Jan
6% Feb
Jan
12 %
18 Va
800
Feb
18 Va May
2%
2%
4,000
1%
Feb
2 Va
2Va
500
l'/a
Apr
2% May
2Va Jan
18
—
__
Stock Exchange
Petroleum
Barker Bros
Company
1
10
common
Basin
Oil
1
20c
Co
Home
33 %c
Appliances
65c
14
__
Blue Diamond Corp
Bolsa Chica Oil Corp
2
1
8%
Broadway Dept Store
Byron Jackson Co
♦
12%
*
__
Shares
Range Slncu January 1
6%
7,450
25 %
220
21% Feb
65c72%c
500
52Vac Feb
14%
2,560
6
25 %
13%
al7% al7%
25
7%
475
8%
9%
12%
7Va
High
Low
High
12%
1,990
1,521
a32% a33%
105
28%
4%
10%
17
6%
7%
Jan
Feb
May
Feb
Feb
6% Jan
25% May
77 %c Jan
15
20.
Apr
Mar
7% May
13% Jan
Iron
6%
Jan
32
Jan
34% May
16%
Feb
22% May
7% Feb
78
26
31%
Jan
20Va
2,870
1,475
20% Mar
19%
13%
Feb
20 Va
May
62
64%
1,225
54 Va
Feb
18%
19%
1,300
12%
Mar
64% May
19% May
Feb
20 Vs May
20
20Va
300
1
Creameries of America
5
7Vs
6%
7Va
1,505
5%
Apr
38
11 %
35
38
11 %
1,913
29 V4
Feb
Corp
Douglas Aircraft Co Inc
Electrical
•
Inc
Products
50c
Corp
Emsco Derrick & Equipment
Co Ltd class A
14
75c
30% May
45%
417
41
Feb
47
Farnsworth Tele & Radio Corp
1
166
24%
Feb
32% May
Garrett
2
70
39%
59
67% Mar
Feb
Apr
Corporation
General Motors Corp common—
10
63 Va
May
Goodyear Tire & Rubber Co common—*
a45%
May
640
9 V2
Jan
14% May
Hilton
225
2%
Apr
Hudson
a23% a23%
70
3% May
24% May
Hancock Oil Co class A common
Hotels
Feb
118
65 Va
al9y8 al9%
100
14 % Mar
82% May
19% May
Motor
Intercoast
Jade
•
Co
5
1
Co
•
Corp
Development
Holly
a80% a82
Car
Petroleum
Corp
650
16
9% May
7'/a May
38
May
12% Jan
WATLING, LERCHEN & CO.
Merchants
Feb
61
21%
Jan
29% May
330
12%
Apr
14% Jan
72%c77%c
4,300
50
a307
a307
8
8%
9
379
al3% al3%
50
60 Va
118 %
2.90
20
Mar
64
May
Mar
44
May
Feb
125
11
Apr
50
3%
24,110
3,005
22 Va
1,980
46
46
47 %
2,218
Petroleum
a29Va a29Va
12,600
"
2,300
35
Jan
97 %c
Feb
21c
May
8%
46
20%
3% May
22'/a May
1.35 May
34c
Feb
Feb
15
Jan
May
51
Apr
Jan
30
Apr
1
1.15
1.25
2,125
1.10 Mar
1.40 Jan
21
22%
957
14%. Jan
23% Apr
1,400
2,640
15,750
1
2%
2%
1.25
2%
1.30
1.20
1.35
Monogram Pictures Corp
1
__
4%
4%
200
Mt Diablo Oil Mng & Dev Co
New York Curb Associate
1.55
15 V* Mar
' May
14% Jan
1.20
__
22 %
I
Co
Co
9% May
14% Apr
51
1.35
21c
__
Jan
Apr
Jan
Mar
92
11%
1.20
5 % Mar
10
14
95o
320
39
21c
__
Feb
261
al2
.
Feb
Feb
1,075
125
al2
3%
21%
11
60c
295
Mar
3,235
64
a44% a46%.
10%
1
Corp
Mascot Oil Company
Menasco Manufacturing
Members
50%
230
14 Va
al4% al4%
14
1.35
10c
Co
Aircraft
—
10
29 %
29 %
10%
5
1
Co
Petroleum
Lockheed
124
a59Va a59Va
10
Company
Corp
Kern County Land Co
Lane-Wells
Detroit Stock Exchange
11
10c
1
Oil
Lincoln
New York Stock Exchange
—
__
12
3%
Feb
(The)
—
—
59% May
14%
19
100
81
3%
Mar
—
5
1
Co
Merchants Natl Bk
&
a59J/a
4
Farmers
a80%
—
May
39% May
Exeter Oil
53
Jan
19%
1
Steel
Feb
15
31% May
28%
20
Consolidated
Feb
Feb
64%
*
common
Jan
2%
10Va Mar
26
1
Preferred
40%
-
_20
—
2.50
13 % May
45
__
for Week
of Prices
Low
6%
Sales
Range
Sale Price
Barnhart-Morrow Consolidated
Bendlx
Week's
Last
-j
i
Par
Bandini
12%
*
May
1% May
200
3%
23%
STOCKS—
14%
!
1% Mar
2,239
10 Va"
15%
15 Va
__
Feb
2
——
22% May
Jan
2%
10
__
22%
a79
*
Feb
6% Mar
—
1
,;,f
7
Tube
,
:5%
2%
*
common
Kaiser-Frazer
1
—
1.60
1.60
100
a8%
Jan
1.30 Apr
3% Mar
95c
Feb
1.35 May
3
Jan
4% May
1.05 Mar
1.75 May
90c
lVs
Jan
Chicago Stock Exchange
National City Lines Inc.
DETROIT
1
Nordon Corporation Ltd
1
Northrop
Ford Building
1
Aircraft Inc
Oceanic Oil Co..
Telephone: Randolph 5530
Pacific Clay Products
Friday
Exchange
Week's
Last
STOCKS—
Sale Price
Par
Allen Electric
]
American Metal Products
1
2
Range
Shares
Low
2%
23
2%
300
23%
300
1
10%
10%
947
32%
34%
400
common
1
*
preferred
6%
6Va Mar
Feb
1.95
Feb
15c
Mar
8,265
15%
15%
15%
100
12% Feb
15% Mar
20
20 %
300
35%
35%
519
30% Mar
Mar
May
Jan
3.85
Jan
16% May
20% May
36
Jan
35%
Jan
25
Corp
34%
33%
34%
750
33
29%
29%
29%
430
28% Mar
31% Apr
•
10
Lighting Corp common
Oil
__
__
9
20c
13% May
25
—
1%
17
l7/a
17
Republic Petroleum Co common
Rexall
Low
*
Brown-McLaren
Range Sinee January 1
High
Briggs
Burroughs Adding Machine.
647
*
—
1st preferred
Pacific Western
4,500
53%
53%
53% May
a55% a58%
739
125
47% Mar
a55%
49
Feb
55% Apr
30%
214
22
Mar
7%:
31% May
7% May
__
for Week
Baldwin Rubber
Manufacturing
Pacific
Sales
of Prices
1st
20
15c
13 Va
2.75
10
6%
a8%
15c
12 %
2.55
25
5%%
__
2.55
Pacific Gas & Elec common
Detroit Stock
—
1
Pacific Finance Corp common—
i
8%
200
Los Angeles
360
Youngstown Steel Door (Un)
395
17%
1,390
1
12
&
11%
167/a
7%
Wayne Screw Products
11%
Sheet
16
2JL%_
10%
7Va
256
12% al3
a57 Va a58%
—
2,250
Jan
20%
7%
1
11%
—
15% May
8
Feb
4%
1
Radiator
•
1
Feb
2,200
1,050
Warner Aircraft
•
—
23%
Feb
7
3%
1
*_
Motor
Feb
14
5%
4
Investment
(Un)
Refining & Chem
20%
200
3%
Udylite Corporation
Works—
Vlchek Tool
192
,;100
7%
5%
a30% a31%
_
23%
30%
Union
Apr
26%
125
a21% a21 %
45%
_
Jan
.15Va
5%
5
common
Engineering
71
34%
a
*
common
Mar
3%
1
Consolidated
1,530
a28% a30'/a
•
4
3% Mar
3%
31 Va
1
1
common
13% May
Apr
May
3
33%
10
750
260
7%
__
10.
Sheller Manufacturing
Standard Tube class B
Central Investment Corp
Certain-teed Products Corp
*
common
5% May
5% Jan
5%
5
5
Paper common
Chrysler Corp
•
_
May
8%
2
..
15
5%
100
-
100
High
2% Feb
2% Jan
Feb
23% May
10 % Apr
19
9% Mar
29
,
Feb
1% Apr
12%
Feb
-.
Jan
64
_1
Products
37% May
a38% a38%
.
8
Feb
15%
—
•
Metal
(H W)
Feb
300
4%
50
Jan
6% May
5%
—
—
2
Davis
12
13
*
Pennsylvania RR (Un)
Radio Corp of America (Un)
Republic Steel (Un)
6%
52'/4
6,210
5
Dresser Industries
Corp
450
2,606
7
3%
29% Mar
30
al8
—
—
7%
64
6%
5%
100
al8
__
*
Thompson
7%
3%
14%-
39
——
Jan
May
16% May
34 Va
15%
55
201
a36 % 'a36 %
--
May
53%
-
53%
*
National Tile & Mfg
Rlchman Bros
9 Va
May
2%
10
64% May
21
50
50
10
Standard Oil of Ohio
Feb
*
43? „May
32%
*
Ohio
.
5%
__
*
Colorado Fuel &
Packer
1,985
__
1
10% May
1
Metropolitan Paving Brick
.
9%
2
common
Oil
50% Mar
.
Oil
1% May
1%
1
15% May
22% Mar
a62% a62%
*
(Un)
Portland
Feb
May
88
50
Lamson & Sessions
Martin (G L>
(Un)
Medusa
90c
May
a61Va
a46% a46%
*
t
Feb
105%
May
60%
——
'
*
I
34%
3
'
—•
Steamship
•t
17
81%
34%
42 Va
"_100
i, Jones & Laughlin Steel (Un)___
Kelley Island Lime & Trans
,
32% May
Feb
a487/a a48%
•
preferred
Iron
12 Va
a97/a al0%
*
common.
Harbauer. Co
Industrial Rayon (Un)
Interlake
28% Mar
43% Mar'
•
Towing
45% Jan
75% Mar
108
a32
88
~
10
common,,-
Greif Bros Cooperage
125
22%
•
Stores
Lakes
Great
2,620
al4% al5
_____•
Goodyear Tire & Rubber
350
16%
37% May
10
1
(Un)
(Un)
245
a40 %
100
Friday
L.L
General Electric common
May
26% Mar
88
(Un)——25
(Un).
10.7
May
20
1
Firestone'T & R
A J
107
Jan
a60
*
Erie Railroad
22
3%
22% May
a45% a45%
—
4
;
May
79%
a32
15
!5
158
al09%a!09%
1
Manufacturing
147% Mar
32'/a
a40
1%
3% May
12
High
58
16 Va
—
__*
——
Low
3Va Mar
16% Feb
78 %-
common—*
Cleveland
Eaton
32'/a
32 Va
1
100
Range Since January X
550
39%
1%
1
Peninsular
425
107
39%
_
•
common
preferred
Cleveland
107
—
4%
-
'
common
Chemical
Rickel
Shares
al57%al57%
Feb
...
1
common
common
Mfg Co
McClanahan
Parke
Sales
'
Feb
Feb
3
Packard Motor Car
for Week
3%
22
2Va
Park
High
3V«
21%
Jan
13'/a May
25'A May
9 Va
__
1
National Stamping common
Exchange
Low
217/a.
21%
Feb
22 Va Mar
May
8
Jan
48y2
Jan
235
Apr
44
3Va
5
3%
Mar
10 Va
21%
1
8
50c
200
4
20 Va Mar
23%
*
47% May
Murray Corporation
Akron Brass Mfg
American Coach & Body
25%
2,310
7%
1
6f Prices
1,300
5%
150
—
King-Seeley
Sale Price
5.849
13%
1,600
10
—1
Hudson Motor Car
48%
Par
21%
60%
__—2%
Motors
Kaiser-Frazer
Range
7% Jan
6% Apr
5
12% May
95
Week's
6 Va Mar
5,550
6%
1
29
Last
300
4
1
12% May
Friday
7%
Jan
19% May
13
Mar
Brewing common
Paige common
Motor Products
STOCKS—
9% May
12
—
—1
21% May
Cleveland Stock
6% Mar
3%
—10
50
—8
245
3%
1%
——_1
-.
——
363
__
48%
Feb
9Va
12
1
Gerity-Michigan Corp
16 % Mar
75
Industries
12%
67 y4
May
23
Mar
8%
1
23
220
64
21
>
—
1
ii
,
12%
7
*
3%
—*
i
—_
23
__
.—50
1
common
Truck
47%
*
Printing common
'Preference
1
Brewing
53% Feb
200
21%
13
5%
13%
Motor
High
952
22
25%
5
21%
Frankenmuth
Low
64
7%
5%
7%
1
Electromaster
Range Since January 1
High
8%
__
Corp. common
Detroit Steel
Shares
61%
21%
—
20
40
68%
100
B
130
14
__
*
preferred
20
19%
__
*
Proctor & Gamble
51%
19y2
14
__
—*
:
Meteor Motor Car
5IV2
__
14
10
(E) Sons common
Navigation
for Week
Low
63%
Stove
common
Apr
9%
__
•
Hobart Mfg Co common
Cleveland
&
10% May
6% May
8%
—10
—1
1
Detroit-Michigan
Goebel
Eagle-Plcher
—
Bros
Detroit Edison
Friars
2%
10
common
Sales
Range
8% Jan
1,357
408'
75 %
12
-•
27% Apr
42
98%
6
Feb.
18
101
98%
Chrysler Corp
Federal
26%
12
__*
32% Jan
200
101
93%
_——"_50
Crosley Motors
29% Mar
203
3%
25%
__
25
Cinn Union Stock Yard
High
6%
6
_20
—;
Low
10%
26 %
__100
*
______
Range Since January 1
24%
__
—8.50
common
Shares
19
__
5
Par "
6%
25%
*
Cincinnati Advertising
19
__
Week's
of Prices
,»•
Bale Price :
Sales
31Va
__
1
Last
STOCKS—
"
High
30%
3%
3%
—8
_
Champion Paper & Fibre
Churngold
30%
^'ilr
for Week
of Prices
Law
20
_
Beau Brummell
Range
Sale Price
:
'-.v.'.-../-,'
Week's-y
Last
STOCKS—
Exchange
'frtVW/ii
'-v
Rice
1
2.50
Richiield
Oil
Oil
Corp
34% May
1% May
Safeway
17% May
Sears
Seaboard
Stores
&
430
7,800
85c
28 %
27 %
29 %.
6,893
15%
Jan
—
5%
5%
300
4Vs
Feb
:
5%
Feb
Feb
1.30 May
29% May
7
Mar
a20% a21 Va
1
Co
Co_
1.30
5
Inc
Finance
Roebuck
1.15
1
common
Ryan Aeronautical Company
1.15
*
Co—
7%
1
Drug Inc
Ranch
30%
7%
__
19Va
*
41 %
195
18
19 Va
3,258
15 %
Apr
20% May
19% May
40 %
41 %
1,204
32%
Feb
41% May
17% Mar
36
(2392)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, May 31, 1948
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED MAY 28
STOCKS—
Friday
Last
,
Sale Price
vV<>("'
■
Par
Security Co
Shell Union
;
Oil
Corp
Trading Corp.*..
Sierra
15
Low
52
9
Sales
%
Last
Shares
Range Since January 1
Low
High
52 %
175
25c
18c
15c
18c
16,500
Signal Oil & Gas Co class A_.—
•
149
149
151
100
Signal Petroleum Co of Calif.,
1
28%
$ Sinclair Oil Corp.—...
45c
*
—
-
Jan
12c
39c
47c
17,900
" '25%
£8
5,810
29 %
__
22c
May
166% May
Feb
29%
979
25
41
130
36
Mar
26
May
32c
55c
Feb
15%
Feb
Texas
Company
Texas
Gulf
__
; Original preferred
>
4.88%Vcumulative
4.48%
So
—i._....
25
—
convertible preferred-,..:.
cumulative preferred
4.32%
Calif
Co
Gas
6%
Southern
Pacific
Standard
Oil
Inc
$1.25
Water
Tide
Transamerica
%
932
33%
720
32% Feb
34%
59
59%
665
44%
Feb
60
70%
55
Jan
70%
151/4
70%
1,894
15
155/3
4,652
18%
a22%
20%
835
a23
105
12%
12%
13%
2,369
__
17%
17%
269
17
__
17 y2
17 %
100
14y2
50o
*
Corporation
Oil
United
2
...
California
of
States
Steel
Western
Air
Mining
K Alaska
Lines
25%
a__
Jan
10%
13%
Feb
Co
33
3,395
21 y2
1,013
67% Mar
11
100
11
May
a87/B
a9%
76
7
Jan
10c
5c
1
5c
1.30
2,700
5c
100
Corp
United Air Lines, Inc
United Corporation (Del)
70c
1.35
300
4c
3,000
a6c
200
Allis-Chalmers
American
1
,
Co
Mfg
Airlines
a3%
•
10
Apr
4% May
5c
1.80
Feb
Apr
Apr
2c
May
5c
Jan
4%c
Feb
8c
Apr
® American Smelting & Refining Co
80
3
Mar
4% May
650
37
Mar
41% May
110
16%
945
65
*
a9%
I6y2
American Radiator & Stand San Corp.*
;
U S Rubber Company
Viscose
7%
Jan
10
12% Mar
Mar
16% May
65
132
157% 157%
894
148% Mar
157% May
a66% a69%
Armco
100
Corp
14
Copper Mining Co
Corp
Co (111)..
Topeka & Santa Fe
Steel
173
a__
a—
25
3
Baldwin Locomotives Works
Baltimore &
Bendix
Mar
48
65
Corp
Corp.
Borden Company (The)
Borg-Warner Corp
Warner
Pictures
Bros
Inc
U
(J I)
Co
Cities Service Company
Columbia
4%
Feb
7Va May
System
Inc
826
10 %
Feb
16% May
16 % May
245
33
Feb
43% May
27%
230
37
125
37
Solvents Corp
A-. -u!
Commonwealth
1,000
Edison
37
May
37
May
41
Jan
115
39 Va Mar
47
11%
290
18%
50 %
415
80
7
■
13%
13%
10
Mar
May
American Tel
Budd
,
Apr
Tel
&
186
540
2'A
Feb
21% Mar
May
Continental Motors Corp
Hj Continental Oil Co (Deli
Crown
Zellerbach
Curtis
Publishing
11
1,145
10% May
1%
2y8
430
1% May
8%
8%
320
6% Mar
9
63%
63%
229
50
Mar
167
Co. (The)
•
common
27% Mar
10%
__
1
1
A
Bond
&
Share
Co
10%
Foods
265
.13
7%
Feb
Goodrich (B F) Company
Graham-Paige Motors Corp
•
•
Greyhound Corporation
3
Interlake Iron Corp
Nickel
International
Paper Co
International
Tel
Co
&
of
Canada
Corp
Copper Corp
Laclede Gas Light Co
*
a31%
42
1,021
a39%a40y8
al3%
al4
85
34%
Feb
262
11%
Feb
General
Motors
Gimbel
__
II
18
25
51%
Feb
53 %
Corp
-13%
5
—
...
&
Power
10
Nat
Distillers
New
York
Corp
Prod
Central
5
al8%
Corp
50
American
RR
•
Aviation
Northern
Pacific
Ohio
Inc
1
Company
Oil
Packard
Motor
Pan American
Paramount
Rwy Co
-
—
$1
preference
Philco
Corp
Reading Co
Salt
Dome
Scott
Car
Pennsylvania
Co
*
Airways Corp
Pictures
60
3% Mar
37% Mar
Railroad
Co—
Dodge
26 %
50
Pepsi-Cola Co
Phelps
•
1
_.
-I
33y3
Corporation
25
Pullman,- Incorporated
*
Pure
a55%
•
Oil
Company
__
United
A
-
Corp of America
12%
703
10
Feb
Lone
13 % May
11%
20
Feb
16
Radio-Keith-Orpheum
••
Corp
25% Mar
31
53
Apr
54%
12%
Jan
531/3
485
42 %
Feb
6%
100
4%
Feb
Corp
_
10
405
8%
Feb
10%
Regis Paper Co
Schenley Distillers
Seaboard
a
22 Va Mar
157% 158 Va
1,062
147% Mar
158% May
Feb
17% May
16%
Feb
19%
Oil
Co
Socony-Vacuum
Southern
of
Oil
al4
122
13
Apr
Pitts
13
.->
a34
31 % Mar
399
__
275
Feb
11% May
Feb
400
1
Jan
64% May
274 May
10%
11 Va
1,072
7
Mar
11% May
18
17%
18%
1,188
53%
54%
60%
64
22%
22%
24 Va
260
12%
12%
13
767
9%
7
33
4%
Feb
77/a May
1
69
%
Apr
1
May
7
2,437
7
May
63% May
Feb
22
15% Mar
—
—
Brands
Standard
Oil
Oil
Studebaker
For
Co
22% May
Feb
Co
Co
Co
Gas
Feb
17% May
13% May
Feb
26% May
26%
Feb
39
405
514
2,260
4%
Feb
al0% all%
25% 26 y8
190
8%
Feb
18%
Feb
Electric
Feb
21%
21%
743
16%
al7% al9%
296
15% Mar
22
a55yB a56y8
135
41% Mar
Pitt
Co
Star
7
%
footnotes
1
a49% a49%
40
65
48 %
Apr
25%
Feb
44
10%
1,320
8
10
46%
46%
47
385
Feb
48 Va
100
115
see
page
5% Mar
3
118
70
104%
Feb
23%
—
22%
24
5,478
21 "A
Feb
-III
Apr
Apr
118
May
24% May
24%
23%
24%
453
21%
Feb
25
38 Va
37 Va
38'/a
732
28
Jan-
39% May
21%
21%
167 a
Feb
107 a
10%
8
8% Mar
23% May
11% Jan
507 a
497a
50%
350
39% Mar
507'a May
65
65
60%
65
-
1%
3%
1%
3%
30
20
1%
800
3%
548
22%
22 Va
23 Va
1,571
10
22%
22 %
22%
25
38'A
37%
38%
115
Apr
Jan
1
2
Mar
Feb
1%
Feb
Feb
20%
3% May
Feb
23 V8 May
217s May
24
Feb
32
38%
Apr
Mar
Week's
for Week
Shares
Low
32 %
Sales
Range
of Prices
Range Since January 1
High
Low
High
32 Va
33 V8
70
*
8%
8%
25
4%
10%
10'A
41
10 %
May
11
19
19%
193
13
Mar
197'a May
11
May
25
Feb
Jan
33% May
8% May
Mar
11%
11%.
150
12
Jan
13%
13%
195
10%
Feb
137% May
28%
28%
117
25
Jan
30
29
29%
22
23%
Feb
9%
612
1
26%
27
23%
23%
23%
7
5
1
Bolt
7% Mar
130
95
100
7
21%
Feb
23% May
6%
Feb
2%
2%
175
2% May
17%
18%
1,477
llVs Mar
4%
4%
*'
*
0
1%
2%
35
2%
35
210
1%
214
2%
350
35%
449
Jan
9% May
18%
17%
5
39 %
27
5
Corp
May
Feb
10
Supply..
Fireproofing
&
9%
*
10
Fuel
Screw
28%
Feb
4
17a May
May
7%
3
Apr
Apr
6
1% May
2% Mar
3%
Mar
52%
30
Apr
18 Va May
Jan
Jan
5
17-'a
200
10
38%
38%
10
34%
Feb
39%
Jan
*
Corp
1%
9%
9%
55
77/a
Feb
10
Jan
1 % Mar
2
Apr
1
States
19c
1
14%
comomn
vtc
14%
1
8%
650
13%
15c
1
Glass
1
1
13%
*
Mining
15c
260
16,500
1
Jan
13
Jan
10C
Mar
1
300
9
11% Mar
5% Mar
1% Mar
13%
19c
Apr
May
15
Jan
9%
Apr
36%
37%
435
33
Apr
37%
37%
38%
450
3278
Feb
37% May
38% May
31 %
30%
31%
441
25%
Feb
317/a May
*
*
12.50
St. Louis Stock
3 y4
400
1%
4%
300
3%
Feb
28%
29%
988
22%
Feb
Week's
Sales
Range
for Week
of Prices
Shares
Last
STOCKS—
Sale Price
Par
May
Bldg.
&
Ecipt
Low
12 %
13%
11% May
20%
2iy8
46 %
175
Brown Shoe common—15
30%
30%
60
27—
Feb
32
Century Electric Co common...
12%
12%
71
10%
Feb
13%
25
26% Mar
29
May
190
6% Mar
15
Apr
May
common
Coca-Cola
3% May
5% May
10
.
13%
13%
13%,
1
Brewing
General Electric
32%
Feb
common
:
(Un)_
General Motors
V
Apr
8%
Jan
Jan
Jan
21
23%
40
42%
490
15
Feb
2374 May
21% May
35%
Feb
47
Feb
27%
a47% a48%
251
38
Mar
48
387
5
13% May
25%
1,572
29
55
209
80%
29
Feb
430
28%
29
Anr
46 %
27
1
7
30% May
a26% a28%
80%
Bottling
—
Columbia Brewing common
15
..
High
7%
26
1,482
Low
7%
54%
3,375
Range Since January 1
High
3
11
Feb
4%
Exchange
'
Friday
13% May
Mar
._
May
22% May
Jan
540
a48'%
■
13
19%
21% May
a28%
25
Feb
May
Feb
10
Refractories
Gas
May
49 % May
90
(N J)
Corp
25% May
Jan
*
Brewing
Walker
57
100
25
Feb
16%
40%
5
26 Va May
a33 a33y2
(Ind)
17%
11% May
2,205
10%
__
Jan
64
39% May.
5% May
12% Mar
39
a53% a54%
•
18% May
56%
18
*
&
Alloys Steel
Westinghouse Air Brake
Westinghouse Electric Corp
9%
17%
376
a33
♦
Inc
Feb
50% Mar
5,142
*
Vanadium
643
181
Feb
__
49%
2,358
*
common
Co
(D L)
United
17
a53%
15
320
3,489
15% Mar
10
Gas
Reymer & Bros
12y2
*
£
8
52%
22Va
Sale Price
preferred
San Toy
18% May
18%
378
1,142
8
13'A
12%
19%
—20
Renner Co
Apr
31% Mar
48%
55
637/8
1.75
Del
Railway Company
Standard
Standard
5
Corp
Apr
1,950
286
Apr
940
__
27 Va
2%
16%
Falstaff
*
St
High
563
-13%
!
Inc
Federal Corp
Pittsburgh Brewing common
$3.50 preferred
Pittsburgh Oil & Gas.....
Pittsburgh Plate Glass
Apr
345
13
__
Low
26%
6%
1
common
Penn
Apr
19 %
__
50c
Range Since January I
High
11%
—
Improvement
Nat
National
6% May
12%
„
26%
20%
*
McKinney Mfg
15% May
58 % May
2%
Warrants
Republic Pictures Corp
Republic Steel Corp.
Shares
64%
1
common.
Gas
Mountain
May
230
140
295
12%
common.l
Sales,
for Week
2%
50
common
Oil Corp
Mackintosh-Hemphill
May
15
40
*
J
Range
of Prices
18%
*
Westmoreland Coal
Bank
Radio
Week's
'•
187/a
I-
Follansbee Steel
47% May
51/3
5%
2.50
Inc
May
20 %
*
common
common
Paper
Harbison
17
""
•
11% May
48
..50
—
Tacor.y-Palmyra Bridge—
Class A participating
Tonopah Mining
Fort
12'A
a25y8
44% Mar
67/a
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg common..
3%% pfd series A
Philadelphia Electric Co common.
Clark
a25% a26%
I2y2
100
Feb
—
_
Duqucsne Brewing
May
180
21%
__
North
7%
100
Jan
42
a5%
al8%al9%
21%
275
«
Light
Standard Steel Spring
Nash-Kelvinator
11 %
a47% a47%
May
60%
*
_
Brothers
Columbia
Apr
5%
Mar
47%
a33%
63%
*
3l7/8 May
•
—
Lehigh Coal & Navigation
Lehigh Valley RR
6%
38% May
14% May
32
9%
1
McKesson & Robbins Inc
Montgomery Ward & Co Inc
24% May
Feb
16
41
Alleghany Ludlum Steel
May
19%
al3%
19%
Feb
25%
63 %
1
_
Delaware Power & Light
Electric Storage Battery
Arkansas
21% May
6'A
__
•
Magnavox Company
14
Jan
577/3
7
Inc
Feb
15%
a30%a31%
__
Feb
18%
Last
Apr
9%
150
15
4
Loew's
24%
184
a61%a62y8
__
♦
Libby McNeil & Libby
Feb
14
21 y2
ai5% al5%
__
10%
60
670
Apr
12 %
__
♦
Kennecott
20
8%
Feb
a5
15
Tel
155
4%
473/3
„
*
International
1,867
a62yB a62y8
__
l
14 4
1,360
64%
2%
-
STOCKS—
11% May
40%
42
al3%"
14
a25
31%
16
Par
14
__
•
Great Northern Ry Co pfd
f
157%
May
2iy2
•
Corp
8%
a22% a24%
__
*
Corp
Public Utilities
7%
»
Electric Co
General
a24 %
5
Electric Power & Light Corp
General
8'A
13%
30%
a24%
11%
Blaw-Knox
Curtiss-Wright Corn
49 % May
Low
26%
Friday
31 % May
a33%
Apr
3% May
Feb
Pittsburgh Stock Exchange
63% May
a33% a33%
63%
5
Feb
38%
11
__
"lOO
__
Chrysler Corp
Cooper Brewing Co
Curtis Publishing Co
2Va May
5
Corp
2%
43
1
16 % Mar
8%
1
255
__
.—^.10
Works
23% May
21/G4 May
10%
2%
Rights
3%
a47% a47%
26% May
20,152
__
Apr
Apr
160
Sale Price
_
28% May
3% May
3%
% General
19
16%
•
May
May
14
24
a24
Class
Feb
174
16%
__
12%
Co
Apr
25% Mar
al 21/64
Electric
lb
a25
e
Baldwin, Locomotive
United
317
3%
*
28%
Par
Westmoreland
3S0
a23%
.-,
Feb
Last
57
Feb
3%
ft
41% May
Jan
23 Va
Friday
50'A May
2§%
28%
__
41% May
15P%
160
3%
5
STOCKS—
61
Feb
a27% a28%
__
1
19
Mar
37 %
53 % Mar
33
a23%
Corp
11% May
10%
•
Aircraft
Feb
155
•
Vultee
62% May
266
25
Cons
Jan
8%
842
Company
Rights
V
Feb
30% Mar
490
a53y2a56y2
__
•"
f
Feb
J32%
Commonwealth & Southern Corp
Consolidated Edison Co (N Y)
.
12%
50 y»
a55
*
May
May
15%
v
Gas
Commercial
44% May
18 %
__
10
Apr
a66%a67%
__
•
42%
11%
__
25
111
62%
__
..25
——
Caterpillar Tractor Co
Jan
16%
a42% a43%
__
•
Canadian Pacific Railway Co
Case
a43
5
Budd Co
15
91
687
*
733
160
__
*
Westinghouse Electric Corp
Willys-Overland Motors Inc
Woolworth Co (F W)
31% May
45
*'■
41V2
Apr
31% May
25% Apr ;\
40% May
Feb
11% Mar
37
__
15
7
Feb
27%
36y2
__
*
6%
32
648
15 %
__
5
Steel
60
788
16%
15 y8
5
1,155
Feb
May
a41%.a42%
_.
100
Co
Aviation
Bethlehem
—13
Ohio RR Co
Oil
'
14%'
all2% all3%
...
31%
a45% a45%
Ry__100
40%.
14%.
14%
40%
31%
'
_.
5
Atlantic Refining Co
Avco
Mfg
Corp
;1 Barnsdall
40%
50
__10
____
&
Atchison
a68%
Feb
19%
a30% a30%
16%
—10
National
American Tel & Tel Co...—...
American
Armour
10
1
May
a3%
a9 %
__
19%
375
al86VBal87%
__
May
a40y4 a42y8
a41%
1
j
—
1,010
24%
41 %
__
al87%
5
Stocks—
Alleghany Corp
Anaconda
com.*
new
Co
Aircraft
80% May
12% Mar
Mar
3c
4c
__
a6c
3%
200
a6c
__
25c
10c
4y2
31
24%
24%
Jan
Feb
33
79y2
4%
59%
17% May
11
10
Imperial Development Co Ltd
si Zenda Gold Mining Co.
Unlisted
Pacific Railroad
American Stores
Mng
64% May
Feb
20 % May
Apr
Stocks—
Juneau Gold
Feb
49%
a—
May
32
a8%
May
70% May:
—
78%
1
High
53%
40
Feb
15% May
78%
.....
Low
553
20% May
32%
*
§ Cons Chollar C & S Mng Co..
v;
Jan
Feb
9%
•
—.
Inc
28%
13 'A Mar
25
common
Corp
Black Mammoth Cons Mng Co
'
•
__
Range Since January 1
High
64%
30%
_.
*
Shares
a63%a63%
__
10
—
Western Union Telegraph Co
Transcontinental & Western Air Inc__5
Union
27% May
24%
*
f Van de Kamp's Bakers Inc
42% May
32%
preferred....
Co
Oil Co
United
24%
__
1—1
Coal
685
403
Associated
Union Carbide & Carbon Co
May
•
common..
R;i Truax-Traer
27%
26%
Low
*
30
24% May
22% Jan
Calif...
convertible
27%
26%
■:
for Week
of Prices
Mar
25
Bunray Oil Corp
Textron
27%
25
pfd class A
of
40%
__
25
Company..J.
Co
"
^25
..
*
64%
Sulphur Co.:
28% May
Mar
Sales
Ranee
■
25
'
Twentieth-Century-Fox
Union
Calif Edison Co Ltd com___25
Southern
'
Week's
.
—
Sale Price
Par
52% May
42% May
Feb
122
STOCKS—
High
Mar
46
80
a41% a417/8
a417/8
Friday
for Week
f
'•''';J "■•*'
30
«;
^Week's
V.f Range
of Prices
..>>s
.
vf"
-v:,v
71%
Feb
17
Feb
Apr
common
common (Un)
Griesedieck-Western Brew
May
Huttig S & D common
Hyde Park Brewing common
Hydraulic Pressed Brick pfd
May
Jan
May
International
Shoe
80% May
28% May
Johnson-S.
Shinkle
Key common
43.
A
&
common
•
413A
10
63%
5
*
common
42% May
64
282
51
Mar
64
53
104
36
May
53
38
May
.
May
30
33
Mar
38
20%
20%
725
20
Apr
24
Jan
27%
27%
107
26%
Feb
30
Mar
42
41%
42%
647
39% Mar
45 Va
10
100
10
12
10
*
31% Mar
60
27%
4
50
40
53
6
V.8%
38
8%
50
May
7% May
8%
May
Jan
Jan
Feb
Volume 167. Number 4703
THE
COMMERCIAL
& FINANCIAL CHRONICLE
37
(2393)
OTHER STOCK EXCHANGES
'
RANGE FOR WEEK ENDED MAY 28
V
Friday
Last
STOCKSPar
Laclede-Christy
Laciede
Gas
Laclede
Steel
__5
common
Midwest Piping & Sup common
Missouri Portland Cement
32%
class
A
18%
50
Investment
4% Mar
General
50
28
May
32 % May
123
17
Mar
19
May
Conv
Gladding
380
13% Mar
20
May
18%
141
16% Mar
19
7
Feb
6%
6%
1,180
40%
41%
215
'
5
Apr
32%
-15
54%
17 %
785
13
55
595
48:/
Feb
99%
17
30
53
•
5
16%
30
17
common..
Filler common
Wagner Electric common
Shares
Corp 'com—
preferred
—
*
21%
Low
11%
350
60%
64
2,539
21%
21%
580
26%
33%
*
26%
26%
*
33%
33%
•
17%
100
68
1
.
Range Since January 1
High
11%
10
Paint
2nd
Low
2%
McBean
&
Co
99%
99
Jan
256
50
Feb
13
17% May
32
29% Mar
Feb
Jan
17% May
55%
com
4%
preferred 1
Goodyear Tire & Rubber (Un)
Graham-Paige Motors (Un)Gt Nor Ry non-cum pfd (Un)
Greyhound Corp
42 % May
Feb
16%
&
for Week
of Prices
11% May
...
•
—
17
Feb
May
18% Mar ?
23
Jan
350
25
May
225
24
Feb
28
Jan
33% May
19
6,583
15%
Feb
66
68
315
66
Feb
72%
Jan
46 %
46%
464
39% Mar
46 V*
May
5%
Jan
1
5
•
3
.
5%
365
48
48
235
12
—
12 %
1,825
3%
10%
Feb
Bros
Stores
Inc.———
17%
100
*
20%
20%
21%
962
16%
—»
29
29
30%
250
24
—
1
3%
2.90
3%
4,750
1.60
Jan
—
BONDS—
1
7%
8%
1,205
7%
Jan
.1951
$500
100
Pineapple Co Ltd
—
Battery Co class A (Un)
Holly Development
Holly Oil Co (Un)——
Hobbs
Apr
—
Honokaa
San Francisco Stock
Friday
STOCKS—
;
Sale Price
Par
Reduction
Co
(Un>
Alleghany
Corp
26
26
400
23% Mar
a4
110
1
a3%
a3%
a3%
55
3% May
2% Feb
9%
9%
9%
465
7%
Jan
10
Mar
3%
334
100
2 %
Jan
4
10
10'A
200
7
Feb
11
May
May
16 %
:
(Un)
American
Tel
Viscose Corp
American
&
Tel
Woolen
Anaconda
Anglo
Co
Co
(Un)
100
(Un)
(Un)
—
Bank
Co (111.) (Un)
Atchison Topeka & Santa Fe
Atlas
Avco
Mfg
Corp
20
Engine
Locomotive
3
(Un)
of
California
Barnsdall
Basin
Oil
13
(Un)
Bethlehem Steel
5
Co
Hill
&
Tile
Dry
Feb
8
6%
al6%
210
100
9
7
12% Mar
10%
Feb
0
cy4
300
5
Jan
275
80
230
Mar
42
„
42
145
14
40%
Apr
6%
May
May
42
100
11%
Jan
15
410
26%
Ptb
16% May
30% Mar
35% May
19% Mar
13%
11%
14
16,425
6%
Teb
4
4%
11.029
3
May
14
165
23
Feb
29%
a43%
Apr
a42%a43%
120
41%
Jan
41%
Jan
a&2%a63%
a62%
21%
32%
7%
45
22
a__
May
A
„
5
*
9
com
Ginger
(Un)
Ale
Railway
Marchant
Matson
Navigation
McKesson
M
&
J
& Co
(Un)
common
Tractor
25
Co___
Eureka
Mining
Service
Co
*
Co
1
National
City Lines
North
Ameiican
Co
9
505
7% Mar
9
Jan
North
American
Investment
Jan
Natomas
Y
37
2,407
28
Feb
38% May
53%
74
52
Feb
53%
13%
10
Apr
Mar
Service
RR
North
6%
Oahu
Occidental
Columbia
River
Commercial
Commonwealth
Commonwealth
Consolidated
lnc
"B"__2%
(Un)-
1.30
2,500
68c
May
Sugar Co
Oliver
Co
*
1,476
38% May
44%
Jan
Pacific
54
64% May
Pacific
57% May
Pac
193
32%
100
20'/a Mar
Feb
23
Jan
13%
100
17%
Apr
25
27%
Apr
27%
344
10%
Feb
13% May
13%
13%
*
15
15
200
15
*
27%
27%
137
22% Mar
(Un)—*
3%
3%
1,017
(Un)
(Un)
& Southern
Edison
25
Ind
class
A—*
28%
44
44
428
26
38% Mar
44
805
5
6%
6%
550
23%
23%
280
21/64
32.030
I
%
Feb
28%
(Un)—*
Consolidated Edison Co of N Y
2%
Feb
4%
21
Mar
(Un)__15
Motors
Continental Oil Co
(Un)
—1
(Un)
(Del)
of America Inc
Crocker irst Nat'l Bank—
Zellerbach
1
100
Corp common
Apr
|-'1 Curtiss-Wright
16
Pacific
45
1st
May
6% May
24% May
Ji May
Corp
Portland
Tel
.
Jan
23%
300
21
23 %
Apr
25
Jan
33%
33 %
100
32
Feb
35%
Jan
23%
100
16
Mar
23% May
10
540
22
226
14
Feb
23
Apr
al9 al9%
115
16
Jan
20
May
3
Mar
3%
32% Mar
35%
3
3
230
a39% a39%
40
8%
13 %
13 %
241
30%
31
715
1.090
Feb
9%
Feb
Mar
24
10%
Apr
Jan
Jan
14% May
31
May
16 Ve
16%
13 % Mar
17%
Jan
a33%
a34
60
31
Mar
34%
Jan
25
100
25
May
26%
Jan
2.50
2.75
2,600
1.15
27c
1,275
18c
44c
1,000
42c
63%
64%
436
Jan
3% Mar
Mar
31c
May
48% Mar
51c
May,
G4% May
May
11%
19% May
11% May
8%
100
21%
22 %
627
a6%
a!2%
8%
Feb
Mar
6
18% Mar *
9
Jan
22 V* May'
a7%
208'
6%
Apr
11
11
350
10%
Apr
11%
Jan
16%
17%
798
12%
Feb
17% May
Jan
13% May
6%
al2% al2%
„
70
8%
■
16%
16%
171
17
18%
200
82%
—
84
130
49%
56
4,015
32%
a25% a26%
295
17%
—
.—
14
13%
13%
200
42c
—
a39%
44c
1,300
a38% a39%
378
Apr
15
Feb
9%
Feb
Mar
73
16%
Feb
18% May
84
May
Feb
56
May
Feb
26% May
3%
3%
13% May
39c
Feb
27%
Feb
3'A Mar
100
17%
Jan
58c
Apr
3C% May
4% Jan
a29
a29
10
27%
Apr
29%
13%
14 !/4
1,659
10%
Feb
14 % May
12
Apr
Motor
150
7
Feb
6%
994
4%
Feb
11
10
Jan
9% May
6% May
35%
35%
3,000
35
33%
35
1,606
—
29%
30
600
29% Mar
31%
Apr
27%
27%
230
27%
29%
Jan
—
53%
135
16
—
100
common
Oil
Co
2
2,880
1 % May
2
May
Paramount Pictures
7%
9 %
May
Pennsylvania RR Co
62
May
Pepsi Cola Co
13
Jan
1,808
47
96%
102
24
40%
1,720
135
40
15%
16
980
24
24
22
96
96%
334
90
134%
Jan
Mar
101% May
20% Jan
115
12%
Jan
Feb
20% May
35% Apr
53% May
103%
Apr
40% May
135
16
May
-
May
22% Mar
25%
Jan
Feb
100%
Apr
116%
140
140
20
140
Feb
—
58
58%
350
49
Feb
61
*
5%
5
5%
1,420
Feb
•
10%
10%
11%
536
5% May
11% May
*
(Un)
—
26
28
1,704
—
4%
Apr
May
Jan
365
53%
31
Mar
10
Corp
com
53
15% Mar
33
102
•
com_
100
Western
Packard
Apr
9
6
__
*
Tel
&
11
9
11
—
40%
Preferred
Pacific
Pan
American Airways
8%
8%
8%
275
a63% a63%
11%
24
10%
11 %
1,175
325
325
14
33%
__
34%
'
2,437
49
Jan
Feb
9% May
325
May
26% Mar
(Un)
8% Mar
Apr
Paraffine
16% Mar
34% May
445
91%
Feb
126%
126 128%
209
103%
Feb
101% May
128 % May
al0% al0%
Companies common
Preferred
100
'Un)
1
(Un)
(Un)-
50
—
—
20%
Feb
28
102
102
16
100%
Jan
102
25%
26%
1,635
18%
Feb
26% May
20%
22
731
17
Feb
22
22
May
May
May
33%
16%
16%
18%
626
15% Mar
22
Phelps Dodge Corp
(Un)
Phillips Petroleum Co
25
55%
55%
55%
180
41
57% May
a71V'B
a72
91
Puget Sound Pulp & Timber
(Un)
_•
53 %
,
*
a72
55%
54
582
36%
a48%
a48% a50%
125
48
a38%
a37% a40%
272
26%
—
Feb
Feb
Feb
Jan,
69% May
54% May
11 % May
al0%
75
7%
Feb
8%
7%
8%
5,410
4%
Feb
16'4
16'4
16%
224
a58
a58
1
7
7%
800
b% Mar
8%
Jan
30
30
525
25% Mar
31%
Pullman Inc
7%
15
10
12
58%
Mar
Jan
a44% a44%
„
100
34%
Feb
5%
460
4%
Feb
5
„
8%
Apr
16 % May
60
Co
(Un)
——*
Radio
Corp of America (Un)__
Radio Keith Orpheum (Un)
Railway Equip
May
41% May
5% Apr
Oil
Pure
Apr
__
*
hr
ft? Dumbarton Bridge (Un)
28
10%
*
*
preferred
1 %
49%
5
(Un)
Apr
35%
100
Service
10% May
100 100 %
*
Dominguez Oil Fields Co
Dow Chemical Co com
com
(Un)
Public
110
100
—*
f// Doernbecher Mfg Co
26
17% May
(Un)__ 10
common
Cement
1,960
*
com
221
25
25
Lighting
Preferred
Pacific
1
If ' Di Giorgio Fruit Corp class A
fi$3 cum pfd
Apr 7'
26%
Jan
25
.—25
com
preferred
$5
28% May
Feb
& Electric
5
1st
Pacific
Mar
5
pfd
pfd
1st pfd
5%
Jan
*
Corp (Un)
51
8'A
Feb
15
1st
27% May
3% May
*
$4 2nd preferred——
Curtis Publishing Co (Un)
*
Aggregates
12%
5
preferred
20
class A,_
Co
10%
a46% a47%
5
Creameries
57% May
May
2,965
May
15% Mar
1
Plantation
Sugar
11
Rights
Continental
20
(Un)
19/64 May
48% May
32
—
1
Feb
46
41% May
14%
56
*
2
Consolidated Natural Gas Co
Consolidated Vultee Aircraft
(Un)
Filters
Coast
Gas
6%
19% May
17% Jan
a28% a28%
__
600
a20%a20%
__
19%
13 % Mar
43
815
Feb
1,210
1,430
a25%
*
Can
5%%
19%
15
384
47
11%
34%
1.50 May
1,499
22%
Feb
57%
46
16 A May
82c
2,220
10
(Un)
United
39%
54%
10%
57%
Feb
Jan
17%
100
(Un)
Class B
64%
22%
100
—
1
Petroleum
Olaa
May
Pacific
Packers
Consolidated Copponnines
wi
34
54%
__
*
common
Chemical
68 % May
33% May
61
10
System
Solvents
53% Mar
445
Mar
Railway
Sugar Co Ltd
Oil
39'2
__
__
3%
20
Broadcast
232
a34
Apr
40%
11%
60c
19 %.
__
(Un)—10
Cons
Oil
Pacific
May
1.15
1.15
1,000
17%
—
com—100
100
American
Northern
May
45 %
(Un)
common
preferred
15
a51
Jan
1
*
Aviation
American
19 %
67%
43%
750
70c
Feb
a33
80
16
70c
18%
21Y«
*
(U11)
Jan
31% May
8%
*
Corp
—I
Company
Central
Feb
34 V2
Jan
67 %
__
25
..
(Un)
Apr
5% May
a50%
__
2.50
(Un)
Prod
11
Linen
Mar
2.50
-I
1
—_.
Apr
Nat'l
Apr
—
1
Distillers
17%
5
Feb
100
Jan
8
1.90
42c
—
10
3%
1,320
13
27c
*
Co
9%
14%
2.50
1
(Un)
20
18'4
May
"
Jan
25
—
10c
Co
Nash-Kelvinator Corp (Un)
National Auto Fibres—;
Paauhau
(Un)
(Un)
Lode,
1,300
14%
*
Corp of America
Cons
Mother
Montgomery Ward &
11
17%
__
16%
1
5%
36
25
•
10
Mfg CoJ
M & M
30%
18
(Un)_
Meier & Frank Co Inc
Mindanao
—
5
(Un)
Inc
"
Ohio
(J I)
Machine
Co
Robbins
&
1
—
Calculating
May
51
Mar
3
May
Apr
19
22
al9%
a39%
Co com
34
47
Feb
9%
1
*
25%
60
15%
23%
—
—7
486
53
__
53%
1%
(Un)
& Libby
(Un)
325
50
23%
1
7%
49
__
46
10
Inc
33%
8%
85
26%
10"%
*
G)
8%
5%
*
22 '/a May
40%
*
23
Jan
Feb
3%
14%
70c
*
"A"
16% Mar
-Feb
16%
25
5
309
7
1,700
31 % May
1
11
__
22 V»
150
National
a
May
21%
315
*
4%
__
May
78
30%
*
May
4 %
5
Feb
'
Morrison-Knudsen
Feb
a25%a26%
Feb
3% Mar
33'4
*
Apr
37
3%
52%
680
30%
*
Menasco
14
a35% a36%
„
a36%
400
1,057
33%
Macy (R H) &
Magnavox Co
Jan
280
5
78
*
(Un)
3% May
10% May
3 %
85
Co
Jan
,
73%
6,600
Lyons-Magnus class B
16% May
16% May
Jan
8
Aircraft Corp
Inc
Apr
36
2.25
(Un)
:
Libby McNeill
Lockheed
22
8
(Un)
Corp
Bk
(R
19
Feb
Mar
2.10
"B"
Loew's
May
Feb
260%
__
Class
May
4%
,2.10
(Un)
Leslie Salt Co
May
6% Mar
753
al5
15
Corp
Corp
Utd
LeTcurneau
114 7 8 May
24
May
8
1
2
Copper
Langendorf
Jan
4%
*
class
Columbia Gas System
Preferred
—•
12 %
12%
1,896
1
—
10%
10%
162
Feb
49% May
42 % May
8
Feb
13% May
7%
Feb
11% May
& Realty Co Ltd—
100
r
Rayonier Incorp com
Preferred
Republic
12%
May
1
—;
25
-
Petroleum
Co
—.
1
—,
—-
*
35
80
34
May
54
Jan
34
35
32'A
32%
165
22%
Feb
32 % May
34%
34%
274
31%
Feb
34'A May
—
30%
30%
240
23%
Feb
31'A May
__
29%
30
a37 a37%
868
22%
Feb
Apr
Feb
—
—
.
f.; Eastman Kodak Co of N J (Un)
■p El Dorado oil Works——
0'' Electric Bond & Share Co (Un)
tC Emporium Capwell Co
10
*
5
a44%
a44
14
__
1.60
1.60
1.75
2,650
20
-
16
16
16
20
10
2%
Food
Radio
1
com
25
Co
(Un)
Corp
(Un)
*
.
*
'v/,, t'~ t
For footnotes see
page
39
ls %
9%
30
1.05
16
Mai¬
Feb
Feb
Mar
43% May
25
Apr
Reynolds Tobacco
14
May
Richfield
Oil
42% May
Riverside
Cement
Apr
3t,i
Jan
May
2IV2
Rheem
8%
8%
9
1,007
112
112
10
44%
44%
44 %
533
7%
6%
7%
1,785
'
_
43.
•'
.*
27%
95
40%
42
27 %
42%
1,935
a37% a40%
„
a40%
120
(Un)
"B"
(Un)
Manufacturing Co—
Corp
—
Co
A
(Un)
30% May
40'A Jan
105
36%
1
22%
22%
24
625
20%
•
28'A
27%
29%
2,580
15%
Jan
29% May
*
23
21
23
1,577
1514
Feb
23
34
34%
.260
27% Mar
17%
18%
520
15% Mar
17% Mar
10
—
24
May
May
Jan
Roos
S
Preferred
General
205
1,992
Foster
General Electric
14
42 %
100
Kleiser
1,100
40%
Fibre Board Prod pr pfd (Un)
Food Machinery Corp—
&
105
22%
42%
Farnsworth
&
a45
21%
22
*
f
Tele
Republic Steel Corp
1
Eureka Corp Ltd
Ewa Plantation Co
t
"t
997
7
al6al6%
al4%
„
2%
Preferred
»-
8%
6%
32%
a26%
Co
Pacific
Columbia
t
Feb
20
150
Mills
Colorado Fuel & Iron
ti
89'A
21
608
5
Clorox Chemical Co
it
20
a23%a24%
*
Chesapeake & Ohio Ry
Chrysler Corp
|*'s
11% Mar
all3%all3%
__
17%
50
Caterpillar
I
405
Apr
Canada
Kern County Land
40% May
1
(Un)
Packing Corp
Canadian
$4.20
14%
28%
55
Co
Kaiser-Frazer
Kennccott
May
May
May
May
5
Preferred
Crown
1,907
14%
__
31%
67
15
Mining Co
North
California
It
Feb
155
Nickel
May
13'/* May
Mar
20
(Un)
48
al8% al8%
21%
6.66%
Co
Johns-Manville
N
Art
Rights
Mar
31
36'4
(Un)
Cotton
Cities
37
1,635
17%
Cement Co
Ink
1,433
30%
a23%
1
California
Central
3114
54%
40%
35%
Co
California
California
Feb
52%
17%
Calamba Sugar
Calaveras
50'A
40%
__
40%
35%
^.2
143% Mar
15
Sullivan
Byrcn Jackson
Celanese
140
*
(Un)—
Borg-Wr.rner Corp
Case
1,035
a66%a67%
33%c
(Un)
Bishop Oil Co
Blair Holdings Corp (Un)
Boeing Airplane Co (Un)
Canada
al57%al58%
__
20c
Corp (Un)
Bendix Home Appliances
Bunker
al57%
5
Aviation
Borden
63 %
Jan
Inc_
16
Apr
3%
*
International Tel & Tel
IXL
16% May
51%
100
Oil
Bendix
12% Mar
264
1
N A
May
425
100
(Un)
Co
Inter'l
4% May
16%
2.50
(Un)
4 %
a64% a67%
__
_—5
<Un)_10Q
5
Baltimore & Ohio RR
Bandini Petroleum
Bank
50
26% May
a67
*
National
Corp (Un)
Imperial Diesel
__
14
Armour &
Baldwin
*
(Un)__*
Copper Mining (Un)
California
Atlas
*
Smelting & Refining (Un)—*
Ameiican
„
4%
74
1
Car Co
Power
__
*
Co
Mary Mines Corp
Idaho
a37/8
Foreign Power (Un)
American Power & Light (Un)
American Rad & Stand Sanit'y
Foods
Idaho
High
a3%
&
American
Low
Motor
17%
20
Corp
Hutchinson Sugar Plantation
Range Since January 1
High
1
(Un)
American Airlines Inc
Hunt
10
Alaska Juneau Gold Mining Co
American
Shares
Plantation
Hudson
for Week
of Prices
Low
*
(Un)
Oil
Honolulu
Sales
Range
Sugar Co
Honolulu
Exchange
Week's
Last
Air
—
Hawaiian
Scullin Steel mtge 3s
19%
Feb
Mar
40
Feb
Hale
LISTF.D
High
12
64
Mar;
51
Mar
6%
„.
Sales
Ranee
Sale Price
Par
General Metals Corp
General Motors Corp
20
19
—
'
High
16% May
6 % May
Apr
19
41%
common
Stix-Baer
19%
300
14%
STOCKS—
Golden State Co Ltd
St Louis Public Service
Sears Roebuck & Co
Securities
25
10
32%
Week's '
'Last
Range Since January 1
Low
16%
6%
6
•18%
—*
Friday
Shares
High
16%
*
commomn
Scpllin Steel
Low
16%
_20
common-
Sales
for Week
of Prices
:
—4
common
Meyer Blanke
Week's
A A Range
Sale Price
5% Mar
9 %
May
Feb
114%
Jan
34 % Mar
44 '/z
Bros
and
W
1
;
Fine
Foods
Inc.
—10
—
17%
34% May
18% May
May
May
111
5
Feb
26% Apr
*31% Mar
35
Feb
7% May
27%
Apr
42% May
Jan
39
Safeway Stores Inc
San
Mauricio
5
Mining—
Sears, Roebuck & Co
Shasta
Shell
Signal
Water
Union
Oil
&
Co
(Un)
Oil
Gas
_P 10
—*
„.
—_—*
15
Co
"A"_^.———*
—
lie
—
12%
—
149
21
21
531
10c
11c
33,400
40%
40%
12%
12%
609
.
20
41%
42
346
149
150
420
21
9c
Jan
13c
32%
Feb
41% May
15% Jan
12
May
30'/a Mar
122
Feb
Feb
43
May
166
May
^
•
38
(2394)
THE COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
LISTED
Monday, May 31, 1948
MARKETS
RANGE FOR WEEK ENDED MAY 2#
Friday
Week's
Sales
Range
for Week
Last
STOCKS—
Sale Price
Par
Sinclair Oil Corp
(Un)
Socony-Vacuum Oil (Un)
Soundview Pulp Co
*
15
4.48%
conv
com
26%
14%
Feb
21
33%
1,587
28*
Feb
34
494
25% Mar
29%
Jan
United
22%
25
Jan
U S
a27
a26%
Jan
a27
65
24% May
26% May
28%
a27
273/4
33%
33%
66
32%
34
Jan
57%
58%
1,013
44
29
291/4
585
22
12%
12%
170
a26% a26%
70%
70%
1,974
•
58
29
a27
a80% a81%
1
110
Carbon
25
Universal
10
Del
(Un)
585/8 May
Victor
27% May
Warner
71
Wells
May
543/4 Jan
69% Feb
May
80% May
283/4 May
283/4
544
18
18
100
15
Mar
21
75
32
Mar
36%
163/4
Feb
Mar
Preferred
May
West
64
420
31%
2,081
83
24
12%.
173/8
13
7,339
10%
Feb
13 5/8
17%
121
16%
Jan
Feb
30% May
173%
526
16%
Jan
19
650
2 % Mar
3% May
803/s
792
68 % Mar
62
105
38%
80% May
67'/2 May
41
May
41% May
33% May
*
41%
41%
33%
4,524
953/4
19%
838
32
52%
83
20
323/4
Feb
64
Feb
31% May
May
21%
91%
83
May
Jan
Insurance
Mar
96%
Woolworth
Apr
CANADIAN
(F
385
14
1,837
Feb
14
May
10
275 "
Apr
301
Jan
31c
Mar
27%
10 3/4
3%
Jan
1.75
Feb
May
11% May
Feb
32%
Jan
73c
61c
88c
18,849
73/4
7%
8%
12,321
4%
Feb
8% May
16
16 %
250
13%
Jan
16 % May
Feb
24% May
22% May
Corp
Motors
W)
24%
__
50c
(Un)
(Un)
12%
(Un)
470
16
255
19
Mar
31%
31%
592
253/4
11%
1,450
a47% a47%
263
11%
a47%
a9%
25
88c
Mar
24%
31%
1
1
19%
150
21 %
24%
__
10
(Un)
common
24%
21
•
Preferred
LISTED
28%
123/4
7%
16 %
1
Elec
Yellow Cab Co
1.75 May
5
(Un)
Sugar
Western Dept Stores
Western Union Telegraph
Willys-Overland
Feb
2.75 Mar
1
Life
Westinghouse
50
51
3,620
28
276
1
a3
1.75
11%
276 2763/4
13%
(Un)
com
a3
Feb
1.75
28%
5
Apr
33/t
10%
__
20
Jan
62
21% Mar
12%
5
25
23%
3%
11%
100
(Un)
(Un)
Indies
64
Co—,
Pictures
Westates Petroleum
•
1
Agricultural
Bros
Coast
83
(Un)
20
177
__
25
Fargo Bank & U T_
West
29%
Preferred
Apr
30%
__
5
(Un)
Equipment Co
Jan
*
2
14%
78%
__
10
13% May
Feb
Oil
High
200
17 %
17%
__
(Un)_
Low
16
30%
__
1
*.
Vica Company
30
a34 a34%
a34
Consolidated
Utah-Idaho Sugar Co
Feb
10
com
of
Feb
24
392
95
Calif
_5
Inc
Range Since January 1
High
-18
Corp common
Feb
9%
25
com
Guaranty Co preferred (Un)
Transamerica Corp
Transcontinental & West Air
of
Mar
27%
10
25
Oil
Corp
Steel
Waialua
*
25
(Un)
Lines
(Un)..^
Shares
Apr
32%
25
25
Jan
Corp
for Week
Low
12%
Aircraft
United Air
431
Title
Co
May
May
24%
_
&
3,266
293/8
pfd A
Mold Corp
Swift & Co (Un)
Carbide
United
21
Sugar
24%
Super
Oil
Union
29%
25
Standard Brands Inc (Un)
Standard Oil Co of Calif
Standard Oil Co of N J
(Un)
Studebaker Corp (Un)
Union
Par
28% May
Sales
Range
of Prices
Sale Price
High
Feb
32%
1
Union
15
20%
2
Company
Low
3,990
STOCKS—
25
Sperry Corp
Spiegel Inc
Tide Water Ass'd
27%
Week's
Last
Range Since January 1
High
26
20%
Friday
Shares
(Un)—•
preferred
4.88% preferred
Southern Calif Gas Co 6%
Southern Pacific Co
Texas
Low
5
Southern Calif Edison Co
4.32% cum preferred
of Prices
11 %
a9%
a93/8
24
24
8%
46
114
234
__
24% May
32 % May
Feb
Feb
Mav
11% May
46
8% Mar
24
May
May
May
11
Jan
27%
Feb
MARKETS
RANGE FOR WEEK ENDED
MAY 28
Montreal Stock Exchange
Friday
Friday
Week's
Last
STOCKS—
Par
Abitibi Power &
Paper
com
191/,
10,706
19% May
Intercolonial Coal
20%
21%
2,975
17% Mar
21% May
International
38
38
25
36% Mar
39
♦
8%
*
&
Pap
class
A
*
J_
British Rubber of Can
5%
Bruck Silk Mills
213/4
163%
*
"*20%
Feb
25%
Co
71/3
73/4
1,250
75
75
29%
1.202
21n/4
22
163% 164 %
20%
21 %
985
1,530
4%
4i/2
5
class A
*
•
100
Power Corp
•
26%
26%
261
3
pfd
1,050
class
50
100
Feb
100
Feb
550
21
Feb
33
May
Montreal
Montreal
100
22
880
14% Mar
283/4
937
34
431/4
4414
200
14
13%
14
17
17%
175
80%
79%
80%
39
39
9
Mar
11
11
Mar
14% May
40% Jan
705
17
__
Feb
9% Mar
Jan
14 % May
46
46
46 %
18% May
30
44
Jan
46% May
29
25
common
•
preferred—100
preferred
20
25
Jan
143
143
120
141
34
May
34
25
26% Mar
National Breweries
Ogilvie Flour Mills
143%
36
May
common
•
•
4%
Gypsum Lime & Alabastine
Hamilton Bridge
Apr
Regent
30
Jan
Rolland Paper
15
Jan
common
—
Mining & Smelting
Ltd———_—
10
Feb
91 % Mar
32
Mar
13%
21% May
15% May
116% May
38% Jan
Knitting
page
43.
15%
4,355
20%
20 %
75
37
22%
1,265
32
33
112
19%
19%
301
16
Feb
20
27
27
Apr
Sicks Breweries
450
23
Feb
28
Jan
37
Simon
371/2
250
16% Mar
30
Feb
Feb
22% May
33% May
37% May
Sherwin-Williams
(H)
&
40
34
Feb
38
40
52
38
Feb
40
1,060
14
Mar
33%
33%
33%
68
30
Apr
40
1,700
37
Mar
19
3,905
14
Feb
25%
475
23
Mar
Jan
27
27
27
27
150
23
Mar
213/4
22
250
20
Feb
22
13
2,967
11
Feb
12%
12%
100
100
125
22% Mar
40%
42 %
86
12%
101
25%
25
25%
1,250
18
Mar
25
25
25
23
May
25%
51
50%
51%
831
43
Mar
52
May
27
27
28
735
29
May
166% 166%
40%
41%
1,515
•
of
5%
Steel
May
7%
preferred
110
98
Jan
19
19
145
16% Mar
171/3
171/2
100
14% Mar
11%
147/3
15
250
18%
18%
18%
1,465
24
24
24
225
Jan
15% Mar
19
Mar
105
Jan
19 %
May
18 % May
15
May
18% May
24% Jan
Twin
City
United
18%
385
15%
Feb
36
200
29
Feb
36
May
63
Mar
67
May
66 %
66 %
55
21%
21%
21%
900
43%
43 %
44
16
16
16%
67
66 %
Wilsils
60
31/2
31/3
325
16
16%
120
14
Feb
16%
Jan
101
101
Apr
104%
Jan
Commerce
17
1,410
13
Mar
16%
Apr
2% Mar
20
Jan
108
Jan
4
Jan
17
May
9
gy2
525
*
32
31%
34%
2,590
47%
6% Feb
23%
Feb
47%
47%
•
52%
52%
53
1,315
43%
•
19%
13%
19%
9,653
14
Mar
13%
13
13%
4,160'
12
Jan
25
44
Mar
Jan
9% May
35
May
48% May
53
May
19% May
14
Jan
37
Feb
44
May
166
11
Feb
17
May
1,921
5
13
400
16%
17%
685
26
26
14
14
102
—•
12%
102 102%
12
13
20
68
93% Mar
98%
10%
Feb
13%
Jan
15% Mar
17%
Jan
24%
Apr
Jan
May
105
12
Mar
14% May
101
Jan
102 % May
16% Jan
1,140
10% Mar
43
42%
43 %
265
130
127%
131
733
•
21%
21%
22
2,233
20% Mar
50
47
46%
47
1,470
44% Mar
26
26
25
common—*
26
Jan
180
100
com
Mar
54% Mar
—50
pfd—
35% Mar
109
Mar
46
Jan
132
Jan
22% May
47% Jan
22
Mar
15%
16
241
12
Mar
16
23
23
75
21
Feb
23
19%
19%
10
17%
Feb
—_—•
17
17
10
16%
Feb
21.
May
18% Apr
7%
300
*
common
*
:
7%
100
common
—•
25
1%
preferred
5,% Mar
27
Apr
May
Apr
8% May
91
91
5
91
May
97
Jan
79%
79%
79%
60
67
Jan
80
82%
Apr
82%
82%
30
72
Mar
160
100
161
82% May
8.
common
165
Jan
5% Mar
9
May
275
5
8% May
79%
80
865
30%
31%
1,020
27%
28
430
69% Mar
82
24
31% May
Mar
22% Mar
28
21
Apr
May
19%
—
preferred
Mar
19%
19%
175
19
25%
——
common
Mar
200
8%
80
—
.
Zellers Limited 5c/o
10
9
8
30%
——
Worts
&
161
8
Winnipeg Electric
25%
25%
722
20%
Feb
26% May
27
27
25
25%
Feb
27
25
Mar
Jan
May
Banks—
*—10
Scotia
Royal
20%
20%
20%
200
20% Mar
21%
Jan
10
22%
22%
22%
135
21%
Apr
23
Jan
—10
4
—
Montreal
Nova
9
1*219
96
25
com
Canadienne
10
101
18% Feb
22
*
Ltd
225
104
Jan
96
16%
Jan
common——_♦
Gooderham
19%
102
67%
25
18 %
12%
—
(Geo)
167
18%
100
Corp
Wabasso Cotton
Walker
Jan
35%
Steel
Weston
Jan
May
36
•
Can
of Canada
Tobacco
24% Mar
162 %
26
18%
•
preferred
Tuckett
Apr
12% May
Apr
41% May
18% Jan
•
preferred
Co
Jan
45 %
41%
•
common:
Sons
Standard Chemical
27% May
5
45
413/4 Mar
103/4 Mar
•
Southam Press Co
27% May
Apr
39 %
13% May
21 "'4
Feb
40
12%
19% May
26%
May
18% May
42 %
•
pfd
Southern Canada Power
18%
25%
May
16 % May
21 % May
18 %
„
Shawinigan Water & Power
Series A 4% preferred
21%
27
$1.60
St Lawrence Paper 6%
19%
Feb
38
•
common
21%
37
9 % Mar li
16
10% May
8% May
20 %
17%
common
Lawrence Corp Ltd
Class A preferred
191/4
Imperial Tobacco of Canada
common_5
15%
Feb
•
St
103%
50
Mar
9
475
18
•
Saguenay Power 4%%
•
$2
Mar
16
10%
38
•
11% Mar
17
5
3,422
Apr
104
•
100
20 %
100
20% Mar
16
8%
19%
•
I
50
—
10%
•
450
14
193/4
♦
Apr
1
Transport
•
100
16
•
preferred
Provincial
100
common
14% Mar
common
13
*
300
5
Power Corp of Canada
Price Bros & Co Ltd common
Feb
May
Ltd
21
•
Jan
15
Jan
•
28
25
25
Feb
15
t
100
20%
660
Mar
•
preferred
Ottawa Electric Rwys
Ottawa L H & Power
/27%
19
24%
Jan
common
28
1,060
23
27
Apr
Jan
22
Niagara Wire Weaving
Noranda Mines Ltd
20%
lie
14
25
Mar
15%
11% Mar
Jan
common;
10
37%
50
25
preferred
100
115
13
100
131/4
37%
13% May
15%
Tramways
131/4
12% Mar
10% Mar
22
Quebec Power
16,915
1,380
15
National Drug & Chemical
pfd
National Steel Car Corp
7%
Jan
5
13%
13
*
137/4
100
52
48
13
10%
preferred
Locomotive Works
Mar
1
Mar
—
10
"
15%
39
48
13
22
common.
230
•
Mar
8 %
14
18%
Mar
11
20
13 %
*
46
10,341
*
Apr
•
7,828
14%
22
Placer Development
Powell River Co
Mar
13
•
69%
14
Jan
Penmans
May
22%-Jan
21
I25
67
14%
37% May
69% May
32%
Page-Hersey Tubes
May
840
15
69%
Jan
Jan
29% Mar
17%
82
250
115
4,945
13% Mar
39
18%
15%
36%
10
Feb
22%
__
35%
13
27
125
58
17% May
14
34
36%
Feb
Mar
110
35% Mar
60
Jan
9%
21
15
720
28%
22
735
275
29
125
28%
May
135
12
24%
Mar
22
__
30
30'
15
15
18%
__
May
May
24 %
Molson Breweries Ltd
44% May
44%
23V*
see
Jan
23%
•
common
& Heating Prod
Famous Players Canada
Corp
Foundation Co of Can
For footnotes
May
17% Mar
__
*
Enamel
Oil
29
2,330
certificates
preferred
Hudson Bay
Jan
22%
•
Chemical
Howard Smith Paper
27
103
25
•
Montreal Cottons
1%
May
21%
5
Dominion Steel & Coal
class B
Dominion Stores Ltd
Power
8% May
21%
25
Dominion Coal 6%
preferred
Dominion Foundries & Steel
Dominion Glass common
5% preferred
General Bakeries Ltd
General Steel Wares
5% preferred
22
8%
Jan
101
2834
Jan
8%
100
25
12%
:
Distillers Seagrams
Dominion Bridge
A
18
35% Mar
•
Railway
Eddy Paper Co class
Electrolux Corp
M*ay
178
*
Donnacona Paper 4%%
35
21%
__
Consolidated Mining &
Smelting
Consumers Glass
trust
Feb
8%
28%
3% May
121
0
nnmein5Pre£rr^
Textile
2% Mar
21%
28%
•
Mitchell (Robert)
35
15% May
7% Feb
Jan
103
23
Apr
347/4,
16%
92
11%
B
100
•
Plow
Dominion
4% May
27
390
•
A
Class
3114
16 %
40
May
•
Massey-Harris
31
Companies
&
2% Mar
28%
Feb
86 ~
30
12
*
com
MacMillan Export class A
May
40
100
r«n!?HS? „Br
Y7
Locomotive
Tar
27% May
♦
Investment
Pacific
25
Jan
10%
25
Canadian
Oil
Feb
24
22% May
14%
25
Canadian
20%
Feb
29%
5
103
—
Jan
Feb
20
preferred
Canadian
168%
17
14
*
series
Alcohol
Jan
100
40
5
—
Lewis Bros Ltd
24%
High
435
86
3
22
Mar 1
Low
40
86
•
__
Secord
2%
__
•
Ltd—
Labatt Limited (John)
Lake of the Woods common
3
•
Canadian Converters class A
pfd
Canadian Cottons common
Ind
Jan
io3/a
25
Foreign
Jan
39%
common
Fairbanks 6%
7%
80
14
common
series
Canadian
Jamaica
100
20
Canadian
Feb
Laura
160
Range Since January 1
High
Feb
39%
*
Class A
Celanese
13
Co
Utilities Corp
Public Service Ltd
31 y4
995
.15
—
Power
49
•
•
Canadian Car &
Foundry
Petroleum
International
50
common
5% preferred
Canadian Breweries
Canadian Bronze common
International
29% May
4,650
%
«
Legare 6% preferred
-
39%
25
McCoil-Frontenac Oil
4%
26
*
Shares
Apt
17% Mar
378
2,253
Mar
40
100
common
_
International Nickel of Canada
International Paper common
24% Mar
4,207
24%
100
70
100
for Week
Low
100
common
Bronze
preferred
Apr
5% Mar
15
28%
27%
•
1
Steamship
May
24%
•
Jan
9
May
47
26%
common
Canada Northern
Canada
11
50
24%
•
Ltd
75
47
26%
•
pfd
$1-30 preferred
Imperial
24
n
25
Dredging
Cement
Gatineau
200
25%
__
*
Burrard Dry Dock
Voting
62% May
7% Mar
47
71/2
__
Dominion
Feb
*
Building Prooucts
Cockshutt
56%
43
__
100
British Columbia Forest Products
British Col Power
Corp Class A
Class B
Canadian
33 % Mar
1,530
25%
♦
Brazilian Trac-Light & Power
American Oil common
33/4%
conv
preferred
6%
410
62%
Feb
11
100
British
$1.75
541/;
16%
6%
International
25%
_
$1.00
250
54
__
Canadian
8%
59%
62%
50
Corp Ltd common
4%%
preferred
Asbestos Corp
__
195
*
Argus
Canada
igi/4
__
25
Apr
19 % May
19
*
•
12% Mar
*
Higrt
21%
20
Co of Can 4%
pfd
Amalgamated Electric Corp
Anglo Can Tel Co 4%% pfd
Gold
Low
20
A
Aluminum
Bulolo
High
13%
*
Telephone
Range Since January l
19
Algoma Steel
Aluminium Ltd
Pow
Shares
Low
__
Bathurst
of Prices
•
$1.50 preferred
$2.50 preferred
Acadia-Atlantic Sugar class
Agnew-Surpass Shoe
Bell
Par
Industrial Accep Coip class A
4%% preferred
5% preferred
for Week
'
Sales
Range
of Prices
Sale Price
Sales
Range
Sale Price
Week's
Last
STOCKS—
Canadian Funds
25%
25%
26
821
25
Feb
28
Jan
35
35
100
35
Mar
_——10
_10
-
Toronto
,25
24%
25% '
2,075
23% Mar
37% Feb
25% Jan
34% May
38
-Feb
50
50
Jan
___10
35
35
50
1949
50
50
$27,000
BONDS—
Montreal Light Heat
3% notes
&
Power—
Jan
"
Volume 167
Number 4703
THE
COMMERCIAL & FINANCIAL
CANADIAN
LISTED
CHRONICLE
(2395)
MARKETS
-RANGE FOE WEEK ENDED MAY
28
Montreal Curb Market
Friday
Friday
Week's
Last
STOCKS-
Sale Price
Par
Atlas Steel Limited
Bathurst Power &
Paper Co Ltd B
Belgium Glove & Hosiery
5%
&
Ltd
class
Brandram-Henderson
High
LOW
1,870
10
7
6%
7
20
4
Mar
9
17
HO*
9
17
17
40c
45c
-___4—
14/
.„__100
Company
common
183
14%
Apr
14
17 Mi
14)4
175
11%
Feb
14)4 May
17%
19
34
common
*
lioo
Lumber
Co
75
75
75
4%
115
29
30
2%
2%
2%
39
125
147
38%
147
30
__
2
4%
4%
4%
30
_10
40
Ltd
Textile
common
Mills
7%
25
7% Mar
35c
Square
Ltd
Apr
50c
258
46%
Apr
50
6,935
7%
3%
Feb
7%
Ltd
17%
510
16
Mav
8%
25
55c
55c
500
43
43 %
400
42
5
class
Foreign Power Sec Corp Ltd
Companies
A
_
•
_
25
1,032
9
18%
50
2%
26%
Corp
55c
37%
1614
Feb
21)4 May
23
Feb
1714
6Ve
convertible preferred
(Alfred)
814
Feb
95c
Jan
MacLaren
Power & Paper Co
Maple Leaf Milling Co Ltd
Maritime Teleg & Tel common
7% cumulative preferred
80c
600
May
May
Jan
21
Jan
49
Massey-Harris
Co
Ltd
6%%
Melchers Distilleries Ltd
6%
preferred
Minnesota
cv
pfd_20
common
1,505
16
Feb
10
Jan
45
100
18
Feb
20
Paper Co
5
Montreal Refrig &
Storage Ltd com--*
1st preferred
30
Jayi
4
May
80
Moore
Corporation
I_
Ltd
Feb
40c
_*
~
Apr
31% May
Purity Flour
Mills
Co
pfd
Quebec Pulp & Paper 7% pfd
Rand Service Stores
(Canada)
Reitmans (Can) Ltd 5% red
Russell Industries
Ltd
pfd
•
•
Sangamo Co Ltd
Southern
*
Canada
Pr
6%
pfd
100
Southmont
Invest
Co
Ltd
Stowell Screw Co Ltd class
•
A—_"_
United
Corporations class B
United Distillers of Canada
Ltd
United Securities
Windsor
Woods
Hotel
Ltd
*
7
7
Mar
52
8%
52
7
52
Mar
52%
Jan
9%
150
9
Jan
10%
Jan
Jan
17% May
15
42
»
Manufacturing Co Ltd—IIIII_*
17%
7,815
12%
Jan
Mines
(1937)
Mines
Ltd
May
5% May
15
May
27% May
29%
24
29%
29
7214
May
73
660
9%
10
200
12%
13)4
1,350
814
3%
May
29% May
75% Apr
10%
Jan
13% May
10% Jan
16 '4
17
75
13
Mar
10914
110
45
107
May
111
55 Ms •
80
52
Mar
56
53
53
25
18
1914
400
May
14% Mar
17% May
53
25
5%
5
5%
200
16
16
50
18%
18)4
18%
2,670
13%
Feb
19
10)4
1014
10)4
175
107
9%
Feb
106
108
10%
74
40c
40c
40c
11,748
18
16
17
115
16
23%
23
23%
50
17
25
17
17%
17)4
4%
Feb
16
104
37c
May
Feb
Feb
May
21
9
38%
21
1714
55
1014
12
38%
2
Mar
Apr
8% Jan
9
Mar
38% May
Band-Ore Gold
Base
I_i
Mines
Ltd
1
Metals
Mining Corp Ltd
Yellowknife Mines Ltd
Beaulieu
Bob's Lake Gold
Bordulac
Candego
Mines
Gold
Mines Ltd
Mines__T
footnotes
10c
Mines
Ltd
see
1,060
1,000
1214c 14 )4c
81,500
10c
500
22c
12c
30c
10c
13c
6,000
13,500
29 %c
32c
38c
34c
3c
29c
120,600
6)4
18
115
42c
22
Feb
May
May
Jan
Apr
Jan
May
Apr
Jan
May
Jan
23% May
21 % May
20
Apr
11% May
45
Feb
43.
75c
Mar
2c
Apr
7%c May
80c
Mar
3%c Jan
Apr
7%c May
14% c May
7c
Jan
17%c Jan
12c
Mar
24c
9%c Mar
22c
8c
10c
Jan
Jan
32c
May
May
55c
34c
29,500
29c
May
2%c Feb
56c
Feb
5c
Mar
714 c Mar
9c
Apr
16c
Feb
3c
3c
9c
9c
1,500
9c
5,000
500
9
Apr
5c
946
5c
Apr
lie
Jan
65c
1,000
7,400
50c
Feb
83c
52c
May
25c
Mar
52c
May
Feb
69c
68c
75c
57,700
42c
Mar
1.45
Jan
85c
90c
3,100
55c
Mar
9.85
9.75
10
600
90c
85c
90c
New Calumet Mines Ltd
4,600
80c
1.43
May
1.40
1.43
Normetal Mining Corp Ltd
O'Brien <3pld
Mines Ltd
1,800
88c
Mar
2.55
2.25
2.67
1.43 May
20,100
1.55 Mar
2.00
2.05
2.67 May
500
67c
71c
13,700
32,700
Ltd.
Louvlcourt Goldfields Ltd
Macdonald Mines Ltd
Mining Corp of Canada Ltd.
Nechi
Cons
Dredging
Quebec
Labrador Development
Quebec Manganese Mines
68c
31c
31c
Quebec Yellowknife Gold Mines Ltd.
Santiago Mines Ltd
Sherritt-Gordon Mines
15%
50
14%
Cons
Mines
Feb
Jan
Feb
65c
6c
Apr
Jan
15c
Mav
15% May
15c
17c
89,800
2.55
2.70
50c
50c
55c
57c
7,000
1,500
5,216
9%c
10c
1.40
1.40
11 %c Mar
1.45 Mar
17c
May
Apr
3.25
35c
Apr
50c
Apr
50c
Mar
67c
Jan
11c
Jan
2,000
7c
200
99o
15,500
6c
Mar
Mar
6c
714
c
3%c
3c
3%c
13,000
3c
3.35
Mines—.
Jan
89c
19c
6c
Malartic
2.17
Mar
13%
15c
Ltd_.
Jan
500
50c
Thurbois Mines
May
1.18
1.50 Mar
57c
Jan
10
550
2.60
Ltd
Standard Gold Mines Ltd.
Sullivan
36c
1.90
6.25 Mar
15%
1214c 12 %c
Quemont Mining Corp Ltd
3.20
2.08
Jan
19 %c
Apr
Jan
May
9c
Jan
Oil Stocks-
Anglo-Canadian Oil Co Ltd
British Dominion Oil & Dev
Corp
Ltd
Homestead
Oil
Home
Oil
Co
Oils
3.50
1,100
33c
32c
33c
2,000
7.10
7.00
7.30
500
3.75
52c
Corp
52c
52c
100
52c
23 %c 29 V2c
127,500
29 %c
9.50
9.60
1,610
15c
15c
7,200
15c
1.64
1.82
1,300
95c
8c
28,500
7c
1.64
Ltd
29
Mar
7%c
52c
Mar
18%
17%
18%
2,650
7,225
1.25
Jan
5.25
-
.16
2.25 May
Feb
Mar
4
May
May
May
%c May
7.50
May
12 %c Feb
2.25
Exploration Ltd
Co
34c
Feb
9.50
Ltd
3.50 May
Jan
2.15
Oils
Ltd
Oil
1.60 Mar
19c
2.15
Toronto Stock
Canadian
Friday
STOCKS—
9.65 May
32 %c
Apr
1.82 May
16c
r.:
FeJ)
19
»•
Feb
Apr
Exchange
Funds
Week's
Par
Abitibi Power & Paper common
$1.50 preferred
Acadia-Atlantic
class
21%
21
21%
19% May
2,935
18
21% May
*
l
Anglo
Cons
Apr
13c
53
Jan
53
54%
680
33% Mar
57
Apr
62%
59%
62%
1,530
44% Mar
25
25
25%
279
23c
62% May
25% May
1
20c
20c
30c
30c
13 %c
3.35
__
*
1
Mar
20c
Mar
200
20c
May
38c
Jan
14c
11,500
8c
Apr
16 %c
Feb
3.10
3.45
8.50
1,405
56c
64c
23,800
80,035
1.35 Mar
38c
Jan
May
3.45 May
9.20 Apr
Mar
8.25
32c
65c
Jan
4c
4c
500
4c
May
6c
Feb
..JIc
7c
1,025
5c
Feb
9%c
Jan
9c
9c
2,200
9c
May
31c
Jan
12c
7%
1
12c
5,000
7%
7%
1,000
75%
45
6%c Mar
5% Mar
67
Mar
14c
Apr
7% May
83
Jan
lie
&
Quebec
12c
4,600
6c
Mar
15c
Jan
68,200
15c
Mar
38c
Jan
13%
13%
50
7%c
A
32c
7%c
9c
13,800
8c
Ashley Gold
class
24 %c
13%
1
Ashdown Hardware
7 %C
28c
10
Oil-
Steel
Atlas Yellowknife
8c
5,000
9c
7%c
9c
4,700
12%
Athona Mines
12%
13%
5,335
12 %c 12 %c
1,500
12 %c
Mines
11
Apr
14% May
6c
Mar
6c
Mar
11c
Jan
4c
Mar
10c
May
10% Mar
9c
Feb
16%c Jan
13%
15c
Jan
Feb
14c
15c
170,600
8c
Apr
15c
Feb
18C
20c
9,900
15c
Mar
25c
Jan
3.55
Bagamac Mines
10c
18 %c
Gold
3.55
3.60
600
18C
18c
19c
3,750
5c
6c
3,700
25%
26
311
25
36%
36%
160
34% May
22c
46,000
1
Consolidated
1
Bank
of
Montreal
lo
Bank
of
Nova
10
Metals
Scotia
Mining
Power
class
*
A_
25%
20 %C
*
•
Yellowknife
1
Telephone
100
Quebec
1
Berens^ River
Sons
--
12c
164
6.75
A
9c
May
Feb
Jan
Jan
8c
Jan
Feb
Mar
24c
22
20
17
Mar
22
40
4
Feb
40%
40%
85
13c
34,800
163% 164%
809
11c
6.75
6.75
50
36c
1,700
38%
9c
160
Apr
Mar
Mar
Mar
28
37%
May
Jan
6% May
41
Jan
25c
Jan
169
Jan
6.75 May
33c
Apr
65c
17
18%
Feb
Mar
60c
Feb
Mar
28c
8.98
Feb
Jan
*
Gold
.
Bidgood
18%
18
18%
200
1
33c
33c
38c
3,200
1
18 %c
18 %C
19c
4,500
19
19
60
18% May
20
Apr
11 %c
11 %c
14c
4,400
10c
Mar
17c
Jan
15c
17c
2,307
13c
May
29c
Feb
Kirkland Gold
Biltmore Hats class A
preferred
*
Bobjo
1
Mines Ltd
Bonetal Gold
1
5c
4.00
20%c
6%
36c
1
class
Apr
22
*
Beatty Bros
20c
3.00
8%c Mar
6%
•
Bathurst Power class B
&
24
9,200
75%
*
100
Armistice
Bevcourt
1114c May
—
1
common
13C
15 %c
30C
8.25
64c
1
Arjon Gold
Bertram
Jan
24c
1
Preferred
Bell
87%c
Apr
*
Area Mines
Bellecerre
Mar
65c
*
Porcupine
Bathurst
Apr
Jan
3%c Mar
_
*
Bankfield
Mar
8%
1,500
1
Aunor
19
101
Feb
8,000
Mines
Aubeile
10,600
7%
Apr
Feb
98
19c
Anglo
Atlas
78c
16 %
4%c
Anglo-Hmonian
Astoria
45
25
Ansley Gold
Argus Corp
155
125
19C
_
*
Aquarius
75 c
19
100
8%
3%c
Oil
Rouyn
99
8%'
Mar
3%c
*
new
Canadian
75c
1
1
common
Nepheline
Yellowknife
American
19
100
—
Ltd
High
12% Mar
Mines
Steel
Low
20
6,225
"
Pacific
Range Since January 1
High
19%
100
Gold
American
Low
18%
Yellowknife
Algoma
Shares
19%
A
Preferred
Alger
for Week
of Prices
*
Agnew-Surpass
Akaitcho
Sales
Range
Sale Price
Mar
30c
9c
Jan
400
Feb
Beaulieu
May
1,000
'__l
Jan
12
9.65
Feb
Base
38C
1
Ltd
page
1
500
3c
714 c
21c
1
*
Gold Mines
Gold
1314 c
1
Century Mining Corp Ltd
For
75c
3c
•
l
_.
Cartier-Malartic
Centremaque
75c
714 c
24c
5c
Aumaque Gold Mines.
1014
7c
Mar
45c
— —
53
May
10c
65c
Apex Cons Resources
55 V2
4c
1,500
8c
Aluminium
May
1414 May
1944 Jan
Feb
191/a
9.60
Co.
iJ&minum Co of Canada pfd
Amalgamated Larder Mines
5% Mar
Jan
•4,000
17c
13c
20,% Jan
77
Jan
50c
Alberta
44
Feb
5514
Jan
6%c Mar
15c
Mar
30
Apr
20c
Jan
4c
Mar
Mar
1014
Mar
11c
Mar
25
Feb
7c
2%c May
4c
300
9% Mar
7,000
.15,000
3,200
5%c May
10c
29%
65%
Feb
5%c May
30c
2814
72
May
23%c
500
May
Feb
■'* 1.44
2,000
19
4% Mar
500
Mar
Mar
2,000
8
12%
55c
12c
7c
150
25
Jan
39c
19
174
Feb
3.50
10c
19
5
1.09
27 %c May
6c
10% Mar
15
May
10c
36
Apr
Jan
72c
•
38c
350
19%
Feb
7c
207
22
I"i
Ltd
9.60
Ltd
14
•
Athona
Mines"
19%
20
Akaitcho, Yellowknife Gold Mines Ltd_l
Arno Mines Ltd
Rowan
Lingman Lake Gold Mines
Lingside Gold Mines Ltd
42%
Mar
3c
4c,
17c
17C
19%
Mining Stocks—
Aubeile
Ltd
13%
2
*
100
Ltd
Feb
2,578
20
Ltd
28
2214
40
100
Jan
2214
1st pfd-100
Ltd
2714
9%
•
50
20
2214
!"•
Power Corp of Canada
6%
fify N C part 2nd
pfd
7
lie
2%c
Last
2%
27%
1314
10c
,
;
May
2714
29%
Lake
Jan
22c
.
Feb
61
Mi
*
Nuclear Enterprises Ltd
Orange Crush Ltd
Paul Service Stores Ltd
26
5
•
Mount Royal Rice Mills Ltd
5 %c
Hudson-Rand Gold Mines Ltd
May
May
15
27
36,400
1,000
10c
Apr
7
___10
20c
May
9c
v
1.65 Mar
1.41
.
17%c Mar
3,600
Ltd
May
*
Ontario
&
29,500
4,500
20% May
41
20
26
2814
26c
2.85
74c
22c
26% May
44
Mar
80c
24c
3.V4-Jan
20
15c
42%
27%
'
Mar
77c
2.70
514c
International Uranium Mining
Joliet-Quebec Mines Ltd
Royalite
100
50
—
Mines
Omnitrans
1,910
31%
10
Goldvue
Jan
61
31%
.
53c
69c
26c
Hollinger Cons Gold Mines Ltd
Jan
2)4
25c
31%
42
May
69c
12c 1214c
Consolidated
2% Mar
75
__
68c
Ltd-
42
Apr
36% Mar
60
137/a
1,500
Commonwealth Petroleum
Mar
212
10
Mar
1.21
Mines
New Pacalta
4
*
II" •
Mines
Gold
19%
1814
80
17%
14c
Gaspe Oil Ventures Ltd
75
--
Lake
15
3%
1
IIIII*
M)
Found
23% May
1014 May
Jan
6 % Mar
79%
50
Inc
(Walter
3,250
17c
High
May
20C
4314 May
20
__
Lowney Co Ltd
Mar
Low
2.75
Goldbeam Mines Ltd
Goldora Mines Ltd
Jan
International
Lambert
5c
Ltd
10% Mar
85
651
Mines
Formaque Gold
.
May
44
Paints 5pfd
20
Investment Foundation Ltd common__»
Gold
20
4
*
Feb
19%
20
■
IIIlOO
Feb
1,000
Ltd
Mines
Calgary & Edmonton
33%
6c
Stadacona Mines (1944) Ltd
45c
Apr
Mar
Mar
Siscoe Gold Mines Ltd
25c
—
Securities
200
46
26%
60
Great Lakes Paper Co Ltd
com___
•
Class A preferred
!"•
Hinde & Dauch
Paper Ltd
III"*
Int Metal Industries Ltd class A
Jan
Mar
59%
__
Inter-City Baking Co Ltd
1.00
2%
26%
1
Sol
Okalta
45%
2%
7)4
50
1.00
*
_
Fraser
15
22%
18%
46
•
Canada
10
9
_
1
Aircraft
42
22
22
__
20
Fanny Farmer Candy Shops Inc
of
Feb
8%
Gold
Vinray
9
17%
—
Aircraft
23
15
«
May
1,380
43
II__»
preferred
Fail-child
""""
__
16
10c
.
7% May
Mar
14% Mar
65c
4,500
14C
6)4 May
Apr
35c
3
*
_
6%
21,320
21%
*■
•
16
*
Worsteds
7
21%
—
&
45c
16
22
Corp
255
20%
20 %
17%
Ltd
7%
45c
__
20
II
Works
Donnacona Paper Co Ltd.
Eastern Steel Products Ltd
Hydro-Electrir
30c
50
6%
*
com
Ltd
Esmond Mills Ltd
Co
2,520
Apr
49
—
Woollens
Motor
40c
May
7)4 May
10
5%
—
—
Ford
30
7% May
100
May
4% May
6%
..
L)
Engineering
Mfg &
Apr
5
Aircraft Corp
Fleet
2% May
39% May
149
Feb
9%
Apr
27/s May
*
100
Alcohols
_
Dominion
3%
26
7%
*
_
Feb
9%
—
*
35
Feb
1.50 Mar
9,135
30
May
4)4 May
20% Mar
130
Jan
75
Mar
1.45
75
38%
_
May
1614 May
Mar
8
500
—
May
34
24)4
Jan
2
127
2%
61%
May
May
Feb
19% Mar
25
4%
1,000
17c
High
Jan
19
May
14
1,480
6)4
Feb
34
20
23
—
—
15%
25
16%
22%
*
com
34
16%
23
com__*
preferred
Dominion
110
19
_
Dominion
183
1414
Consolidated Div Standard Sec
cl A_ *
Preferred
*
Consolidated Paper Corp
LtdI__I_III«
Cub
Apr
314 Mar
78% Mar
200
•
Paper Inv Ltd
General Adv Ltd
(R
180
May
May
1714
preferred
Crain Ltd
122
17*14
•
Preferred
5%
Feb
17 Mi
*
CateJli Food Products Ltd
common
Chatco Steel Prod Ltd
preferred
Chatcau-Gai Wines Ltd
Consolidated
74
752
66c
17c
Federal, Kirkland Mining
May
714 May
9,299
1
Commercial
13 Ma
2,316
Canadian Ingersol Rand Co Ltd
Claude Neon
Apr
4% Mar
5%'
common
Canadian Vickers Ltd
11%
El
Apr
Jan
110
Canadian Inter Inv Trust
common
*
Canadian Light & Power Co
___100
Canadian Marconi Co
1% preferred
Canadian Western
10
15
5%
•
Range Since January 1
17c
Ltd—
80c
Eldona
104 %
IIIIl
-
66c
69c
Jan
16)4
13% May
441
183
1.00
5%
Canada & Dominion
Sugar
Canadian Fairbanks-Morse Co
Ltd
Canadian Gen Investments Ltd:
Candn Power &
183
Shares
Low
6c
Mines
Dulama Gold Mines Ltd
East Sullivan Mines Ltd
109
«
Sales
for Week
2
Ltd-.
Dickenson Red Lake
Donalda Mines Ltd
Jan
1
_
Butterfly Hosiery Co Ltd
Canadian Industries
May
60
122
Cadillac
Feb
17
100
__
V Preferred
Burns & Co class B____
8%
6%
122
Central
Mines
Cortez Explorations Ltd
Cournor Mining Co Ltd
May
9)4
Apr
14
10
*
Columbia Pulp & Paper com—*
Preferred
Brown
13%
7
Mar
233
Beattie
13% May
Jan
40c
8
14
116
*
Class B
British
14
14
13%
13%
5
16
650
6%
Brewers & Distillers of Van Ltd
Columbia Packers class A
British
7%
5
Consol
■
High
Mar
•
Ltd
Range Since January 1
13%
*
A
Shares
12%
20
_
Millen
<
ef Prices
Par
Consolidated
for Week
12%
•
common
preferred
Brand
Low
*
■
of Prices
Range
Sale Price
Sales
Range *;
Week's
Last
STOCKS—
Canadian Funds
;
1
—
25c
18c
Feb
Jan
/
(2396)
40
THE
COMMERCIAL
& < FINANCIAL CHRONICLE
CANADIAN
LISTED
Monday, May 31, 1948
MARKETS
RANGE FOR WEEK ENDED MAY 28
I
Friday
Week'#
■,W Last
'■■■
Sale Price
STOCKS—
%
'
<
'
Sales
.
Range
for Week
of Prices
Shares
Range Since January 1
•
.'
Mines
Bordulac
Brand
&
Millen
*
—
_
class
3c
3c
8.40
8.40
35c
May
1.00
26
26
40
26
May
26 Va
20 Va
20 Va
21 Va
2,537
17
Feb
5V4C
5%c
1,000
4%c
1,835
20
A—
Lake
Red
American
3%%
Mar
2,000
3c
May
6c
Jan
Dominion Foundry & Steel
Dominion Magnesium
1,425
Jan
Dominion
500
40c
...25
Columbia
Electric
Columbia
British
55c
24% -24%:
■2$ &■
preferred
conv
British
—1
i
Oil
May
9.00
35c
25
...
28c
38c
Forest
26%
26%
27 V»
100
■i 93'/a
93
93 Va
20
pfd
Products
•
■v-v
1,425
4%
4Va
4%
6%
6%
26%
'26 Va
26%
3
2%
3
1,075
32 Vac
31c
34C
37,900
100
100
25
30
Feb
Preferred
Power A
I
*
Class B..—
,
■
British Dominion Oil—..
Britishh
Bruck
Rubber
a—*
preferred.
Mills
100
1
•
Buffalo
Canadian
——
Tar
Textile
27% May
Jan
4% May
7% May
Mar
3
Jan'
99
4% Mar
Dominion
Donalda
24%
27
Jan
Mar
3% May
2
Apr
16c
Feb
99
Apr
100
22
Mar
32
May
Mar
99c
Red
31 Va
200
58c
57c
63c
7,100
1.80
1.85
1,000
1.000
6c
Mar
10,000
7c
35c
1.50 Mar
May
Building
A
*
Mines
Lake
May
Jan
3.40 Jan
10c lOVaC
Products
7c
—-
9c
34%
34%,
3a
545
28 V»
13
12 Va
13
600
Jan
25c
Feb
•
*
Burlington Steel
15Vac Feb
'
1
class A
Burrard class A
„
28
28
28
250
21
*
17%
17 Va
18
38'5
13%
8%
8%
50
7c
9c
9,900
*
-
Mudge
—
Linen
Caldwell
1
*
21%
22
12%
13
Calmont
Flon
Oils
Campbell Red Lake.
Canada
Bread
4% %
Canada Cement
24c
26c
12,500
20c- May
74c
Jan
6c
7C
5c
Mar
12c
Jan
7c
Mar
l/Ic
7%C
8c
5,000
47C
46c
50 c
22,900
8c
*
Oil
East Leduc OIL-.
13 % May
29
Apr
Feb
1
18
Jan
May
8% May
7% Mar
15c
Mar
8c
1.60
1
Sullivan
nil
Malartic Mines.
East
Eastern
Preferred
;
Canada
Canada
2.70
Mines
—
Eddy Paper
Eldona
El
class
A
...20
Mines
Gold
Sol
Equitable
Canada
Life
Insurance..
25
Corp
1.92
4.60
Packers
Class
...
_
10
A
-
Permanent
Canada
♦
Power
class
10%
10
200
May
4V2 May
Apr
May
99 %
Jan
14% Mar
22 %
May
May
27
29
Apr
5
Feb
43 V2
...
_
7
53 V2
Apr
9 Va Mar
11%
May
Jan
Jan
36% *
20
33
Mar
38
Apr
16%
16%
40
15 Va Mar
18
Jan
190
190
17
188
May
201%
Jan
13 Va
13 Va
13 Va
9
11
Feb
14
Jan
40
40
111
35
Feb
42
*
._
_
50
Players
Fibre
Wire
Class
&
Cable
class
--
•
A...
__
Fleury-Bissell preferred
Ford
of
Canada
1st preferred
80
Gair Co preferred
Gatmeau Power common.
5%
Celanese
preferred
Dredge
5% %
preferred
General Bakeries
80 Va
70
Jan
Steel
Food Products
Preferred
Mar
Giant Yellowknlfe Gold Mines
Gillies Lake
21%
21%
22 Va
2,275
17% Mar
24
Jan
Glenora Gold
21 Va
21%
21%
525
16% Mar
21% May
26
26
77
23
Mar
26
13%
13%
14
355
10
Mar
14% May
Goldale
17
17%
360
15%
Apr
17% May
Goldcrest. Gold
80
56%
82
Golden
—
81
Feb
May
Globe
Ice
Industrial
Lake
Machine
Canadian
Oil
preferred
Canadian
Canadian
Carlboo
Arrow
Jan
Golden Manitou Mines
Goldhawk
•
12
12
1,180
8
Mar
12
15Va
15%
200
—
May
Gold
13%
15%
Apr
Feb
5%
30
14
1,160
10
Mar
14
Apr
28
120
21
Mar
30
Jan
76c
871
70c
Mar
88C
Chatco
Steel
12%
13%
1,555
11
Mar
15
Jan
100 Va 100 Va
13
100'/a
70
90
5
21%
15,544
24 Va
24 Va
25
1.30
1.41
4,000
a
„
1.35
5% May
5% May
100% May
99% Mar
90
90
May
May
12% Mar
24
26
1.21
1.49
1.75
1.27
1.26
1.33
4,650
15c
16c
2,500
13c
Vac
8 Vac
1,000
Apr
2.65
Apr
Mines
7%
25
__
•
15,975
10
10
100
Chemical
Research
1
49c
1,000
Cheskirk
Mines
1
5 Vac
5 Vac
6c
4,000
1
2.35
2.31
2.45
3,183
1
12c
12c
12C
500
3 Vac
3 VaC
3%c
3,000
2.00
2.00
2.07
1,750
Mines
Citralam
49c
Malartic
Cochenour Willans
May
Jan
1.20
Coin
Goldvue
15 Va
__
1
Collingwood
Terminal
15%
25c
1
Goodyear Tire
common..
Preferred
Graham
...
Consolidated
•
Bakeries
Consolidated
Beattle
Great
West
Consolidated Homestead Oil
Consolidated Mining & Smelting.
Feb
Mar
65c
Jan
Mar
3.00 Mar
12c
Lead
3c
Halcrow
class
Feb
Consolidated Press class B_
Consumers
Conwest
8
35
8
10,000
5c
46c
1.50
1.50
100
13 Va
13%
50
70c
30,226
30c
309,300
114% 116'/a
2,100
63C
9%
common
40
65c
12
May
Jan
Feb
Apr
13c
Harding
Harker
Crowshore
Cub
May
920
15c
2,200
14 %C
70C
25
Gold
Davis
6%
100
25c
3,000
19c
60c
1,000
55c
Delnite Mines
Denison
Detta
100
13c
15c
9,500
10c
Mar
55c
1,000
55c
May
10c
7,500
7c
Mar
18 Vac 19 Vac
Nickel
Red
10,600
10c
Mar
Mines
Mines
For footnotes
10%
1.20
-
25
1.20
200
4'% Mar
42
Jan
May
Jan
6% May
30c
1
9%
1.05
Apr
—
*'
Mines.
.
_
8c
8c
8,000
5c
17c
17c
4,5c
see
preferred. *—00
page
43.
Feb
May
4c
May
80c
37.500
50c
Mai-
70c
11,516
48c
Mar
800
11c
Apr
10%c 12 %c
3,000
IOC
80 %C May
1.09
19c
lfac
Mar
10c
2,000
2.50
2.60
15,200
9c
7.000
6c
4c
4c
6,000
Apr
14c
16c
3c
10c
14c
Mar
1.95 Mar
48c
t
2.70
Jan
Jan
Apr
16c
"
Jan
9c
May
Mar
Jan
May
Jan
*
*
Hinde & Dauch
_
__
_
Home
Mines ...5
•
Oil
Homer
Yellowknife
Gold
1
52
3.700
10c
il4
120
104
51 Va
20
49
12c
1,500
19%
20
2,894
43
43%
105
15
60
50c
25,700
22 Va
Apr
20c
11
,
1.60
Jan
Mar
25 %c
Feb
115
Feb
53
■;.'
Jan
16%
Apr
May
Jan
10 Vac May
48c
Feb
82c
Jan
40c
Apr
19%
Jan
40c
Mar
64c
Feb
49c
2,665
25 Va
70
25
Jan
27
Feb
52
5
50
Apr
52
May
.
84
May
Apr
Mai-
15% May
20% May
Jan
44% May
40%
10% Mar
9
15% May
13% May
Apr
5
100
4
Mar
60c
Mar
1.40
5
Jan
1.12 May
3.20 May
Apr
26c
30c
11,400
16%
17%
2,665
3%c
3%
500
24c
Jan
37c
Mar
13% Mar
17 Va May
3 VaC
Jan
Apr
5%c
3.50
3.50
100
3.50 May
5.00
9%
9%
106
6% Mar
9% May
c
17c
12
100
7c
8c
1,500
8%c
9%c
3,100
5c
78c
80c
1,716
70c
7,105
12c
Mar
32c
Feb
Jan
—
—
12
3% Mar
6%C
May
12c
Jan
Mar
15c
May
Mar
95c
Feb
Jan
Apr
—
Howey Gold
_
_
Hunts
A
class
Huron & Erie
1
_
100
_
16c
95c
24 %c
Feb
75c
May
15c
Jan
10c
Mar
700
50c
Jan
9%c
9%c
9%c
1,500
20
20
20%
85
9.50
9.50
9.55
.9.40
9.35
9.70
9,365
5c
6c
2.000
38c
12,300
—
—
-t
36c
47 %
915
40-
47%
25 %C 25 VaC
1,600
7%c Mar
18
9
5.35
5c
Mat-
Apr
12
Feb
9.70 May
9c
Feb
25 %c Mar
44
18c
40c
Feb
52
52%
1,290
43%
3c
6,000
2%c
Jan
9%
9%
32c
Jan
2%c
60
114% 114'/a
15
Jan
Jan
52% May
4c
7% Mar
111
Jan
47% May
Mar
52
—
Jan
20% May
Mar
2 VaC
--
_
Apr
May
14,500
%
__
common
7c
48c
70c
—
*
Mining 81 Smelting..
Malartic
;
5,500
7,000
13c 14 %c
37c
1
__
Hudson Bay
Hugh
10c
53c
70c
1
preferred
10c
48c
10%
May
Jan
Jan
116
May
-.10
Apr
27
Jan
24%
24%
24%
415
•
19
18%
19%
26,989
14
Mar
19% May
Imperial Tobacco of Canada ordinary.5
13%
13%
13 Va
1,255
12
Mar
14%
.25
25%
25
25%
115
5
5%,
3,000
Imperial Bank
Imperial Oil
4%
preferred
*•.
-
22% May
65c
•
'
23%
24% Mar
Jan
25% May
Lake
Gold
-
Inspiration
1
—
*
6
8
8
8
50
10%
10%
11
1,051
___1
Mining
Powders
Bronze
International Coal & Coke
com
if
1
—
38c
—
43c
2,000
12
12
75
32c
32c
1,600
31 Va
31%
400
100
12
4%C
7
8%
7c
Apr
Mar
8%
Feb
98% May
11
102%
Feb
Jan
May
Jan
12
May
12%
Jan
32c
May
39c
Jan
International Metals class A
Preferred
*
._
_
International
International
31%
-100
L___—
International Milling
International
Nickel
preferred..— .100
Co
Petroleum
Uranium
—
—
100
15
104% 104%
10
_«
36%
35%
36%
6,825
•
common-
14%
13%
14%
1
65C
—
—
.50c
64c
69c
13,933
53,575
1.19
1.19
500
4c
--
4 VaC
5,000
25% Mar
98% Mar
103
31% May
102%
Jan
Apr
104% May
29% Mar
37% May
11
Mar
15%
Jan
40c
Mar
84c
May
1.00
Apr
1.45
Feb
4c
Apr
7c
Jan
8c
May
Jan
20 Va
52
13%
14c
May
Jan
1,825
8,300
25 Va
13
10c
12
.50
Mines
Ingersoll Machine class A
47C
•
17c
ill.
Jan
20%
20%
16c
12
13c
»
_
Inglis (John) & Co
21c
Mar
21 Va
49c
10
1st
6.00
Apr
65c
16c
1
Jan
*
Jacknife Gold
Jack
Waite
__
23% Mar
Jason
Mines
Mines
i
:
Ltd
10c"
1
11 %c
9%c
10c
2 %C
1
_
-i
Jellicoe Mines
Joburke
1
Mining.
Jacola Mines
•
2c
16c
1
Mar
1.00
Mar
48c
*
1
1
...
_
May
19c
Apr
74c
4,000
8,230
11c
69c
21 Va
«
——.
—
9%
Heva' Gold Mines
_
90c
Apr
8c
1
3%c
1
55
Jan
70c
1
17
*
Island Mountain Mines
Ltd
Fabrics
10%
1
—
Bank
Dominion
I8V2C
1
Lake
Dominion
9c
1
Discovery Yellowknlfe
Distillers Seagrams
Diversified Mining
Dome
9c
10%
Dickenson Red Lake
12,500
28c
Highland-Bell
Highwood Sarcee'
Internaitonal
B
—
4c
18,615
48c
May
22c
May
54
55c
15c
•
3c
2.90 Mar
7 %c
1.24 May.
Mar
54
1
Leather class
Jan
1,500
47.030
1
Hosco
30
14 %c May
6%
a
Davies Petroleum
106%.
11,365
8c
1.12
1—
__
Howard Smith
3% Mar
Jan
24 %c
—
Patricia
D'Aragon Mines
Apr
10
5.05
5
1
Jan
154
Mar
60c
Aircraft
99
102%
4.90
73c
Jan
Jan
3.20
,
__
Gold
30c
Mar
18', 414
13
—1
Jan
116% May
10% Feb
Apr
3
145
1.23
100
.
Jan
3%
16%
1.01
Carpets
16%
Feb
40
29 Va
.
Coal
102 %
15
»
Gold
85c
91% Mar
8
Apr
1.03 May
Mar
222
1.11
a
1
1.50
Apr
55c
3
29 Va
__
Pershing
Nest
111
Feb
2.85
Hard Rock Gold Mines
Indian
Croinor
Crow's
Jan
May
2% Mar
107
14
1.12
7%c Feb
Apr
Apr
150
1.11
14 %c
Craig Bit
9%
29 Va
...
Crestaurum Mines
Jan
108
155
3.00
Bridge
Heath
55c
Apr
147 Va
148
a
_
700
1.40
3
100
*
__
23 c
115
V
Cosmos Imperial Mills
16%
—1
Mines
Jan
9
Mar
100
0
__
Jan
2U
Feb
Jan
27c
May
7c
.....
Gas
Exploration
500
1
Hasaga Gold
16
Mar
52c
30g
5
A
3%
1
Swayze
Hallnor
5c
Feb
10
1.03
-
_
Mines
Feb
30c
1.76 Mar
16c
97c
19 Ta
*
Greening Wire
Guayana Mines
2.45
May
6c
•
Press
94
Fe&
8%C Jan
52c
63 Vac
*
Cons
35
3 %
12c
—
__
Feb
8%
4c
1,300
13 Va
2
Apr
18%
51 %
*
0
Saddlery
16c
-
2.24 Mar
2,125
97c
__
Mines
.
Feb
86%
101
113%
*
Gypsum Lime & Alabastine
30c
1.50
—5
16c
1
»
Great Lakes Paper common
Class A preferred.
Great West Coal
Gunnar Gold
Apr
25c
8
—
Hollinger Consolidated Gold
._
2.29
Jan
10-
7c
Coniagas Mines
--
50
-
Bousquet
Jan
7% Mar
52c
*
Coniaurum Mines
16% May
26% May
7 Vac
2.55
■
*
1.75 May
Mar
May
7% May
15%
24c
*
pfd
Yellowknlle
Colomac
Commonwealth Petroleum
...1
—*
Mines
Hedley Mascot
*
Plow
Lake
*.
1.40
Feb
1.05 Mar
a
Cockshutt
Feb
Jan
1.30 Mar
t IT*
Harricana
Gold
Chimo
75
13%
21
•
Hamilton
Chesterville
_
Porcupine
33c
7c
7%
8
*
__
Chateau-Gal Wines
1,300
Feb
Feb
21% May
1.65
1
1
preferred
May
9
3%
Feb
90
Mines*—
1,500
2.15
Feb
May
73c
73c
1
Patricia
May
7c
Apr
7%
2% Mar
10c
1
Jan
20 Va
Porcupine
1
23%
25%
Gulf
Central
12c
—1
Mar
27
1
Central
100
26%
2.15
4%c
16c
66c
20 Va Mar
90
Castle-Trethewey
—
74 c
16
20%
Wirebound class A.
Jan
7
3% Mar
8c
__
1
40
25
Gold
16%
26 %
55
*
'
_
95
...100
;
Railway
_
_
110
5Va
...100
Pacific
290
1,345
285
1
_
_
81
13%
*
preferred
47 Va
Mar
*
•
Cos common
5%
4%
,
__
Gold
Mines
21
*
Canadian Malartic
1,600
2%
90
5.00
1
-
_
22 Va
•
"A'
_
20
—
1
common
Alcohol
_
_
12
»
Locomotive
6c
8%
2%
16%
100
_
__
Oil
God's
_
22
—
Canadian
_
21
—
_
Canadian
25
104
1
*
Class A
Canadian
6
109% 10.9%
1
Jan
common
6
19%
•
common
May
•
34
19%
—
30
*
15% Mar
590
90
_
82
70
Goldora
Canadian
.
Wares
__
23
25
5.05 May
18% May
3.60 Mar
355
103 %
*
____
21 Va Mar
common
Jan
3,097
104
100
_
_
21% Mar
Canadian
Jan
4.55
46
19%
•
100
685
•
.
2.15
100
preferred
1,755
20
Canadian
26%
•
30
20
Class A
'New
•
_
22%
Canadian Car common
12'A
4.80
16%
100
-
A
28
Canadian Canners common
v
class
Frobisher Exploration
22%
•
Jan
Apr
1.15
18'/a
8%
—
22 Va
•
Jan
1.45 May
25C
Apr
10
4.50
6c
*
*
29%
Breweries
7,0U0
45
...1
common
Aircraft
*
Canadian Bank of Commerce
25
1.98
74c
Mar
18 %
—
10
B
Canadian
com
Products
Fleet Mfg &
General
Canada
12
1.88
45c
May
—100
Mtge
S S Lines common
Preferred
36%
16%
_
May
3.00 Mar
Apr
36%
<1
B
Canada
Kirkland
95
20
12
1
«•
195
Mar
16
Feb
Grain
310
365
Mar
Federal
7-
19%
Mar
Jan
49
Apr
19
55c
.65c
28 Va
10
Apr
12C
Mar
7
6% Mar
1.52
500
34c
48 Va
1.60 Mar
245
10,850
3,100
28 Va
15,050
9%
488,550
9,800
7
5,600
2.80
56c
60c
28 Va
Feb
Jan
1.67
9
20c
3.00
48 Va
2.08
3.50
1.60
■
1.45
56c
»
May
52c
2.90
*
Feb
50 c
20c
56c
3%
Jan
10c
Feb
26c
1.21
1
96
33c
5%C Mar
52c
1
*
20
Northern
Canada
19 Va
•
2.15
12,000
1.35
Mines
Falconbridge Nickel
3.65
8c
_..i
Mines
Gold
Fanny Farmer Candy Shops
15
Feb
12
17,500
1
Famous
145
Feb
2.67
*
Steel
Mar
22
Machinery
Malting
7
*
7.60 May
21%
May
6c
16c
21%
May.
17
24c
Feb
•
common
12
...1
Feb
25
May
May
nil
6c
275
10
17
29c
8,840
4
Feb
Jan
46,200
36
v.-
May
17c
15
4
1.10
•
230
14c
96
15
i
84,500
7.40
96
65
Mar
51c- Mar
17
15
*
12
-
27c
12c
100
common
preferred
10%
353
31,500
May
13% May
17
7.00
—
15
22
Feb
Jan
24c
12c
1
19% Mar
-
Jan
19% May
26 Va
17
7.00
25
103
Feb
26c
*
Ltd
1
;
Apr
21 % Mar
11
86c
12
May
445
75c
12
24
350
-.
14%
78c
*
common
Mines
1
Flin
340
May
Feb
13%
1,650
26
Jan
12
99
10
19%
13
Federal
Callinan
too %
18%
25 %
22
*
common
Calgary & Edmonton
100%
*
Gold
East Amphi
East
Crest
Eureka
Calder-Bousquet
23
18%
28
-
May
35
10% Mar
*
...
25
*
Duquesne Mining Co
Duvay Gold Mines.
Elder
Eurns & Co
V i Class B
24
nil
East
Buffalo
24
.100
Woollens
&
Mar
High
Mar
6
23%
pfd
common
A
Dulama
22
3,025
May
40c
Chemical
Mines
Donnell
1,167
11%
100
_
Dominion
1.85
31%
_
Dominion
Mar
27 Va
11
_
24% Apr
1
;
Ankerite
551
__
&
26%
11%
Dominion Steei & Coal class Br*, ,25
*
Dominion Stores
"
-•
Qoia.
Bull adison
Buffalo
•'
•
_
LOW
High
26%
*
common
Apr
22% May
7V«c Jan
iClaSS
Columbia
British
Malting
1
•
Feb
23%
100
British Columbia Packers class B__
11
Apr
...
Apr
91
4,950
6%
7.50
Low
Par
9,200
3%c
35c
r
♦
Cordage preferred
British
High
35 Vac
Brazilian Traction Light & Pwr com™1*
Brewis
Low
High
•
—
Bralorne Mines Ltd
Brantford
Low
1
;
Pershing
Boycon
Par
'
,
2%c
11 %c
13c
1
4C
4c
5c
1
32c
32c
34c
3,100
1,200
v
2 VaC May
29,000
11 %c May
1,666 '
2,850
4C
28c
May
May.
,
12c
'3 VaC
Jan;
Apr
18C
Mar
7c
Jan
58c : Feb
Volume 167
Number 4703
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2397)
41
CANADIANS LISTED! MARKETS
RANGE FOR WEEK ENDED MAY
28
Friday
Week's-
j
Last
STOCKS—
Low
Kelwren
52c
12c
14c
61,391
37,000
27
27
110
13c
14c
13,300
;
13c
Gold
:
Kirkland-Hudson
Kirkland
;
—
Dufault
40c
48c
1.59
'5,050
25
425
6.00
5.70
6.40
3%C
4c
Fortune Gold
•_
12
23
83c
May
819
11%
25c
Apr
5.50
10
21
21%
125
16% Mar
70c
4'Ac Mar
Feb
6.95
Feb
"21 Va
36% May
100,850
36
320
1.30
1.30
1,600
7c
6c
7c
200
5c
5c
500
5c
Mar
Power
7%c
Feb
Preston
May
11c
Jan
5%C
63,500
4c
Mar
8c
Jan
15
15%
110
Mar
17%
Jan
3'Ac
3 'Ac
6,000
1.05
1.19
38,100
1.13
1.15
12
1,600
Mines.
8c
8c
6,700
99c
1.00
1,000
2c
May
5c
29,850
35c
Mar
46c
Jan
41,200
10c
Mar
20c
Feb
6c
6%c
7'Ac
10,500
2.00
2.30
3,050
3.20
600
6c
1.25
Jan
13c
14c
Jan
59c
Feb
29 */4
29 %c Mar
725
85c
May
,
6 V2
6 V2
67c
75c
58,225
40c
Mar
15c
15c
1,000
12c
10c
Apr
10c
Gold
25
6
May
6,500
7c
3,600
5c
May
25c
Jan
4,400
38c
Mar
56c
Jan
43%
43%
1,925
37
Feb
44
16
16%
Feb
17
445
1,570
11
16
10 Va
Feb
17 Va May
17 % M
^y
2,400
Roche
Jan
1.10
1.15
2,400
10 %
10%
538
8'/8
8%
2,150
2.65
2.85
5.250
25c
1,U0U
1.80
1.90
4,400
3 %C
3c
4c
58,600
20 y4
20 y4
common
Apr
1.00 Mar
9
14
260
9
Apr
10%
53 Va
110
51
Jan
54% Mar
—'
45c'""48c
10% May
Apr
Apr
1.50
2c
8 '/a
May
3.15
Feb
(Little)
Apr
Russell
Ryanor
May
Mar
23
11
Mar
14% May
lUc
Mar
31c
2,500
3c
A
J^n
Mar
6c'"Jan
3,500
30c
Mar
48o
73c
May
34.600
•55c
Mar
A90c
Feb
70c
75c
5,350
52c
Mar
89c
Feb
48c
40c
86c
Jan
48c
15%
common
19%
20%
15,360
16
Mar
27
27
30
20'A May
3,430
24
Mar
30
May
6,913
15%
15,946
2.00
2.05
450
4%c
6c
1,500
2.50
2.50
500
9c
9c
5,000
8c
Apr
13c
15c
6c
50c
14'A
16c
6,500
15c
May
28c
__
32
iL)
preferred
18%
McKenzie
Red
McLellan
18'A
50
15%
15%
15%
5,195
58%
McColl-Frontenac common
Mclntyre Porcupine Mines.
58 %
59 %
750
Gold
McMarmae
Mercury
Lake
43c
Lake Gold..
48c
12,300
40c
Brick
1,500
2c
Apr
15c
5,300
Corp
10%
20'A
785
Tool
Monarch
Knitting
Poicupine
Works
22,000
2%
.
1,400
41c
1,300
Jan
3
Jan
10'A May
Mar
32c
Mar
6 %
100
5
Apr
6%
Jan
15 'A
150
14
Apr
15%
Jan
40c
49c
13,100
28c
Mar
54c
18'A May
17%
18'/8
550
14
Mar
72
73%
380
65
Feb
26
26
26
2
3%
common-
40
3%
14C
1,000
39%
40
25
53
14c
Mosher Long Lac
Grocers
11c
6.10 Mar
22c
18
Brass
Drug
22,813
27 c
20'A May
1.75 Mar
73
Moore Corp common
Preferred
National
10%
Jan
6%
Montreal Locomotive
National
9.10
Feb
29c
5'Ac Mar
2%
Jan
15%
common
Breweries
75c
15'A Mar
9c
May
Mar
3'Ac
Mar
20
27c
Model Oils
Modern
12r
„7%C
*
2%
16
May
2 'Ac
14c
20%
8c
18% May
66
Jan
40c
14 %c
Mid-Continent Oil.
1
May
76
Mar
Apr
26'A May
3
Feb
4
Feb
9c
Apr
15c
32
225
30
May
450
8
Mar
25c
National'Sewer Pipe class A
225
38'%
12'/4
12%
270
10'A Mar
12% May
15%
825
13'A
16
—
*
Car.
27c 27 %c
30
30
Apr
Jan
5,100
25
18c
Mar
25
25%
2,850
18% Mar
2.45
2.44
2.49
7,400
1.91 Mar
Jan
34
Jan
Apr
Apr
8c
Jan
17c
May
Mar
49c
Jan
25
24%
25
855
25%
Jan
12%c 12%c
•
18%
18
18%
9c
9c
10c
1,000
1
Mines
18c
16c
19c
33,500
18%
18 V2
19
2,180
6c
500
102 102 V2
250
New
(Wm)
Limited
pfd
100
26'A May
2.99
Feb
Bidlamaque
New
Calumet
New
Marlon
New
Pacalta
New
Rouyn
4c
1.47
27,600
75c
23C
3,550
20c
Mar
common
•
.1
6c
100
102
*
,
12 V4
130
13%
130
15'Ac
18c
25,300
18c
46,100
29c
31c
3,125
5c
10c
Antonio
Gold
Mines Ltd
1
Mines
class
3.75
1
A
51
Mines.
14c
Mining
Canada
Inca
3.70
Mar
1,570
51%
2,937
43
15c
•
7'Ac
Jan
12c
4,500
ne
14c
1,500
14c
1.00
Apr
Mai¬
Feb
May
2,700
1
2.58
2.58
2.72
57,142
1.43 Mar
15%
16
395
11 % Mar
16
May
16
May
Sick's
Breweries
common
♦
__
V T C
Silanco
15%
Mining
Silknit Ltd
Silver
1
common
Miller
Class
class A
.
15%
175
11% Mar
40c
5,600
37%c May
16
16
100
16,200
(N)
Southam
26c
28c
10%
10
9%
296
27%
27%
28
295
24
Mar
875
18
Mai-
25
50c
1
common
20
__
99 %
com
140
96
Mar
101%
8,795
34c
Mar
54c
Apr
32c
33c
3,100
26c
Mar
39c
Jan
25
Mar
30
May
17 % Mar
20
May
29
75
240
1.48
1.48
1.55
3,300
55c
55c
56c
1,701
7V2
7%
205
7%
8Va
655
21
21 %
65
4%
4%
100
4
Apr
Mar
8'A
*
__
*
A
4%
■'
B
of
Cons
Sylvanite
9
100
9
200
4%
70c
70c
4,600
131,630
1.50 Mar
8,500
10c
7c
28,000
10c
Jan
Texas
46c
48c
2,100
40c
55c
Jan
26c
Thurbois
10,100
14c
Apr
4c
1,000
3c
Mar
Apr
32c
Canadian
Tip Top Canners
4%
1,000
3 % Mar
4%
Jan
2.08
3,605
1.40 Mar
2.20
Jan
75'Ac
86c
72,600
Jan
Apr
1.75
Toronto
10,700
92c
Jan
lie
15c
1,600
10c
Mar
16c
see
89c
1.84
page
43.
Toburn
class
A
4c
5,547
lie
12c
11,500
1.47
1.45
1.56
2,650
42c
38c
42c
2,500
27'/2
28 Va
28%
2.75
Toronto General Trusts
4c
4'Ac
2,500
4c
Mar
7'Ac
55,000
7c
Mar
]*6c
Jan
__
Works
class
A
8%
12c
8
8%
1,055
6
14c
15c
1,700
10c
Mar
Apr
10%
Jan
18.'Ac Feb
Transcontinental
Twin
City
Resources
205
Jan
1.45 May
35c
May
23% Mar
1.99
61c
28 %
5%
Jan
Apr
3.50
Jan
1.45
4.45
1.35
Apr
1.45
May
120
3,300
9
9
50
76c
76c
78c
9,237
7'Ac
32c
Apr
5'Ac May
49c
Feb
21c
Jan
9
May
10
Jan
60c
Apr
80c
Jan
Jan
7'Ac
101
__
49c
*
__
8c
3,500
Apr
12'Ac
11%
11%
200
10
Mar
12'A
172
*
May
Apr
30,060
*
Jan
Jan
4%
43c
*
Jan
19c
Mar
2.50
7%c
1
2.05
9c
100
6c
50
5'Ac Jan
1.00 Mar
3,132
41c
__
Mortgage
Towagmac Exploration
Apr
Jan
Mar
4%
6c
100
Toronto
3c
21c
2.86
43c
Jan
8c
May
4%
1
*
•
16c
2.40
2.75
•
1
Elevators
1.68 Mar
1,100
1.45
__
7c
May
4c
41
Gold
Iron
82
1.35
__
Toronto
Mar
1.40
May
May
72
1,000
5
.
Tombil] Gold
59c
1.66
7%c
1
Oil
Mines
4%
10
8,000
16c
__
Thompson-Lundmark Gold Mines
1.98
May
82
2.13
16c
i
Jan
4'Ac Feb
15
4c
*
Jan
6c
4%c May
3'Ac Mar
Jan
80
82
*
Taylor (Pearson) common
Teck-Hughes Gold Mines
2.67
5'Ac
4'Ac
*
common
79C
Feb
2.05
1
Apr
5%
Feb
82
♦
"10
13%
*.
1
Mines
Apr
69
79%
1
Gold
8%
160
14%
79%
__
Jan
21% May
5% Jan
Apr
Mar
May.
8% May
555
14y4
79%
__
60c
Jan
Apr
Apr
14%
2.06
1
Mines
Gold
Tamblyn Ltd
70c
1.56
68c
4 % Feb
17% Mar
5
1
50c
River
5c
11c
"
•
Mar
5% Mar
5
25
Inlet
86c
Lake
common
Sturgeon River Gold
Sudbury Contact
1.68
Orange Crush
Canada
Steep Rock Iron Mines
4%
Omnitrans Exploration
*
Preferred
1.99
.
1
1.18 Mar
49c
9
»
Gold
)
101
19%
*
Feb
May
May
50c
19
*
com___
class
Jan
Jan
11%
42c
*
(1944)
Preferred
Olsen
24%
•
Standard Radio class A
Brock
24%
29
__
Paving
48c
12%
Apr
9% May
19
Sturgeon
Sullivan
Mar
10%
__
*
Stadacoma Mines
May
28
25c
Apr
Feb
16
Apr
9%
100
Co
Standard Chemical
70c
10%
1
Malartic Mines
Co
9
9%
100
Gold
Class
15%
1.23 May
3.20
ifi'i
—•
Preferred
Stanley
Mar
•
Slater Co
22% May
27c
:
B
Sladen
98c
Feb
10%
"1
Simpson's Ltd class A
Siscoe
20%
37Vic
__
1
B
Class
38c
5
Mines
Silverwood Dairies
Taku
2.67 May
Feb
1.21
24c
Jan
67 %c
1.15
1.50 May
52
May
20c
Mar
1.16
Apr
Jan
38c
50c
Surf
1.50
51
*
Jan
Creek
Gold
Sherritt-Gordon Gold Mines
Sheep
4c
Gold
footnotes
Mar
4c
Feb
Jan
16 %
820
2.25
—
O'Leary Malartic
For
4c
4.35
17c
May
25,600
23c
Oils
Red
6,500
3.70 May
7c
May
14
45c
46C
Mines.
O'Brien Gold Mines.
Orlac
Jan
ln»r ./
22 %
6c
North Star Oil common-
Omega
46c
2,325
2,000
150'
Jan
May
•
41c
Apr
25'Ac Mar
15
Jan
16'A
130
nt?'
-
21%
2.56
Gold
Ogama-Rockland
Jan
9c
14
102 %
Feb
Mar
42c
May
28c
3.95
9c
__
Feb
10%
110
May
May
7c
22%
Stedman Bros
33c
101
Jan
19
1
Feb
Jan
23c
Feb
May
L*
Starratt
Feb
23,000
14c
1.47
31c
Mar
6c
Jan
Mar
Power
Shawinigan Water &
5%c
Northland Mines (1940)
Okalta
15c
5c
14c
6c
16c
5c
125
*
Senator Rouyn Ltd
Apr
14'Ac May
8c 10 Vb c
1.45
Corp
Northern
5c
2'Ac Mar
19
Jan
13
260
130
Feb
5c
16
,
...
Steel
14'Ac
Merger
Norpick Gold Mines.
Norseman Mines
North
3.500
16c
Malartic
101
Mar
22c
4c
15 %c
Oils
Noranda Mines
Normetal
Apr
23c
Gold.
Mines
Norbenite
100 Va
1.35
Nipissing Mines
Nordon
5
4c
Mines
Nib Yellowknife
Nicholson
101
1.43
Norzone
New
101
23% Mar
225
1
__
Neilson
5c
9c
25c
Jan
33c
25 Va Mar
1,000
May
May
1,000
100
Standard
25%
Mines
45
Apr
Feb
11
5V2c
Jan
33
11
May
11,450
St Lawrence Corp common
St Lawrence
Paper preferred
Sannorm
2.75
42c
Mining
Scarfe
2.15 May
9c
Jan
33c
__T
Industries
Springer
15 %
Apr
Feb
2.30
5y2c
__
__
*
Feb
12%
com
4c
15% May
Feb
39c
1
Co
__
15%
preferred
Petroleum
Steel
Apr
9% Mar
56%
2%c
Red
Mills
Morrison
18
'
1.02
32
__
McBrine
Apr
10% Mar
10%
*
Saguenay Power preferred
San
Jan
65 V'2c
*
Chibougamau
1.95 Jan
Jan
" Feb
8%c Mar
15
10
Oils
Royal Bank
Royalite Oil
4c
Jan
18 y8 Mar
class
Long Lac
Rupununi
2.10
Apr
5%c Jan
74c
1
Jan
40c
1.55 Mar
13'A
70c
Feb
20'A
Preferred
Silk
Roybar
2.40
6,600
5c
Feb
lbc
760
15c
1.51
4% Mar
25
13%
11%c
5c
Mar
Riverside
Roxana
14
Martin-McNeely
(1936)
Rochette Gold
7c
20%
10'A
53
1
Gold
Jan
53c
3,500
12 %c
10%
„
53
—73c
1.95
12,225
8 Vic
1.80
Gold
Mines
12c
92c
8%c
24c
Maple Leaf Gardens.
Maple Leaf Milling.
1,000
1
Gold
Richmac
412
6c
•
Jan
Feb
1.91
14%
6c
1
Robinson
2.65
Manitoba & Eastern
1.46
18c
1.62
13%
__
1
Gold
Renabie
May
1.85
Jan
3,260
10%
,
% May
6
Feb
1
Macdonald
3.00
2.68
86c
8 %
Malartic Gold Fields
Regcourt
2.40 Mar
2.55
Consol
Reeves
Feb
1.11
Madsen Red Lake Gold Mines.
Jan
Jan
1
I
Qfceenston Gold Mines
Quemont Mining
liy2c
8%c
B
Labrador
Jan
3.50
14V2
1
7%c Jan
86C
A
Quebec
Reno
2.55
Mines.
(
Jan
31
68e
Gold
1.50
26 Vo Mar
6%
Goldfields.
Gold
2.30
44c
16%
10
Feb
Apr
Quebec
16%c
Apr
6c
43%
40
_
May
1.85 Mar
2.60
42c
__
1
common
Mar
2c
37c
7Vic
1
Mills
Feb
2c
3.10
•
Quebec Manitou
6 VuC
2,800
28%
28%
common...
Flour
Preferred
1.19 May
May
8c
3,000
Dome
Purity
4%c Jan
Mar
1.10 Mar
500
36c 39 %c
36c
8c
8c
2%c May
60c
East
Purdy Mica Mines
Jan
8c
12cl4'/4c
1
Proprietary Mines
4%c
1.55
7%c Jan
34c
2.10
l
ADr
_r
Corp
5c
1.06
13c
1
Metals
28
Jan
34c
-
3.15
a-
1.15
Jan
5c
1
May
4,000
8c
MacMillan Export class
Negus
1.33 May
Feb
1.33
35 V2
♦
1,000
1.15
Ltd.
Macfie Red Lake
National
Mar
1.25
36
1
;
Powell River
5c
1.07
MacLeod-Cockshutt
National
Porcupine Peninsular
Porcupine Reef Gold
15%
__
National
80c
1.30
1
*
—
Pressed
3'Ac
Hosiery Mills
Moneta
Porcupine
5%c
Macassa Mines
MacDonald Mines
Mining
Feb
1
5%C
Lynx Yellowknife
Milton
11c
1.30
Malartic
5c
Long Lac Gold Mines Ltd.
Loblaw Groceterias class A
Massey-Harris
Apr
1
Jan
3.00
Little
Marcus
4c
1
Pickle Crow Gold Mines
Pioneer Gold
14% Mar
MaV
5.50
3,000
1
Jan
520
9%c
—
•
Mines
5%C
Lingman Lake Gold
Magnet
'
i
Apr
5c
15c
14,200
Feb
8c
1
1
Feb
44c
70c
1
Mar
2.25
Apr
Parbec
38c
2.05 May
5.50 May
Gold
Class
".
23c
Paymaster Cons Mines
9%c May
High
31c
Pen-Rey Gold Mines
'2c
1,200
I,
Mar
26c
Jan
9,900
12%
Gold
Lunward
(Eastern)
Piccadilly
Low
26%c
42,900
23,200
50c
1
—
80c
Paramaque
6%c Jan
Range Since January 1
High
71c
Jan
7.75
"2,000
38c
.
Leduc-West Oil
Leitch Gold Mines
Louvicourt
Mines
Jan
25
'
Shares
75c
Pamour Porcupine Mines Ltd
Pandora Cadillac
Feb
1.78
2%c May
...
Jan
Low
Sales
for Week
1
Petroleum
Page Hershey Tubes
Jan
55c
of Prices
__
Lebel Oro Mines
London
Mines
Jan
22c
Mar
21
Mines—
Secord Candy.
Lexindin
Pacific
Apr
—
"U"
Lencourt
Mar
15
Apr
1.40
5.50
Lang & Sons
Lapa Cadillac
Lapaska Mines
Osuiake
"
'
2.05
Lamaque Gold
Laura
9%c
38 %c
.
36c
15,500
3%C
12
o__
:
Lake
May
May
50c
Apr
4.10 Mar
73c
3%C
^1——L—u.
Rowan
Mar
8c
19,500
1.50
24 %
9%c
Lake
Larder
16c
66c
Osisko
18c
13% Mar
73c
Lake
Lake Shore Mines
Lake Wasa Mining
La Luz Mines
2,200
4,890
45.600
48c
Mines
I4c
Range
Sale Price
Par
Jan
27
liy4cMay
8%C
1.53
3%c-
52c
Jan
13%
24%
Lake
Labrador Mining & Exploration—
Laguerre Gold Mines
Mar
8c
8%C
Labatt (John) Ltd..
Mar
5c
13 Va
13 V2
Kirkland Golden Gate
25c
24 %
STOCKS—
High
Pacific
19%cl9%c
Kerr-Addison
Lake
45C
13c
Week's
Last
Range Since January 1
Low
47c
Gold
Kenville
Shares
High
•
Joliet
Kelvin a tor
Friday
for Week
of Prices
Par
Quebec Mines
Kayrand Mining
Sales
Range
:
Sale Price
172
10
172
May
11%
11%
40
101
101
15
Jan
Jan
Jan
12
May
May
10%
101
174
108
Jan
11c
11c
1,000
8
c
May
)2c
Mar
49c
50c
1,700
35c
Mar
63C
Jan
8%
8%
200
6
Apr
8% May
"
42
(2398)
THE
COMMERCIAL
&
CANADIAN
FINANCIAL CHRONICLE
Monday, May 31, 1948
LISTED! MARKETS
RANGE FOR WEEK ENDED MAT 28
\ Last
STOCKS—
Range
Union Gas
1
class
Fuel
Class
B
Keno
United
Low
9
9%
10c
lie
1,670
1,341
23 y4
23%
23%
125
50
48%
48%
48%
70
16
16
*
A
preferred-
preferred
United
9%
Steel
Hill
*
r
—
7% Mar
10
8c
Apr
12c
16
Feb
24
45%
Apr
48%
1.88
16%
1.86
110
1.92
13% Mar
Ventures.
.
Waite
Ltd
Oils,
■_
,■'
8
8'
8%
500
1.80
-1.79
1.87
4,448
•
(Hiram)
Waterous Ltd
Class
A
6.75
(G
&
Wekusko
31
Grocers
*
Weston
(Geo;
Preferred
2,000
7.10
100
...
•
100
Wiltsey-Coghlan Mines
Winchester Larder
31%
1
__
5.15 Mar
90
13%
13%
30%
27%
27%
99%
99%
100
7.20
Feb
4.60
7,635
12%
24
36c
Jan
7.50
Mar
Jan
Asbestos Corp
British Columbia
Brown
Co
Canada
Feb
Apr
Canadian
Jan
30
Pulp & Paper com__*
120
115
120
220
72
Feb
120
May
May
100
184
180
184
15
160
Mar
184
May
•
Vickers
Preferred
Mar
14%
Jan
Wingait Gold
»
1
-
_
common
1
10ft
—
__
Western
Lumber
Westinghouse
Jan
19 %C
Jan
Consolidated
30% May
33%
Jan
Dalhousie
28
Jan
deHavilland Aircraft
130
97% Mar
Jan
Disher Steel
9%c
101%
5C
Mar
12c
Feb
Donnacona
1,000
7c
Apr
10c
Apr
Foothills
Paper
5%C
5%c
1,500
5c
Mar
26
1,095
20%
Feb
97
40
95
Apr
1
Yellorex
Ymir
York
5%C
5%C
500
2.65
2.65
2.80
1,100
71c
71c
74c
Yankee
•
Girl
Mar
2.40
International
8c
2.90
Apr
Minnesota
Jan
Ogilvie Flour
36,760
May
81c
May
23c
500
18c
Apr
40c
Feb
6%C
4,000
5%C
Apr
9c
Jan
7
10
8%
Pend
Jan
6% May
•
Bank
and
monthly
February,
Issue Department of the Bank
price
1948
The
1948
is
gold output
shown
was
statements
were,
to
gold
remained
2%
100
2%
20%
was
45d. in
£26,500,000
gross sales
ments
of the Transvaal for January
and
to
since the
4,350
560
22
22
69%
3,585
105
105
2.80
20
50
66%
69%
25
__
May
Mar
27%
27%
27%
27%
4.05
4.25
40c
40c
25
37c
60c
60c
2,100
6c
6%c
7,200
70c
70c
4,000
__
,
Mar
Apr
Feb
46
4.05
Jan
3% May
21
27%
60c
267/a May
Jan
97% Mar
27%
21% May
23%
Jan
4.10 Jan
34
22 V2
Mar
Jan
69% May
105
May
2,400
20%
Feb
28
May
25
25%
Apr
28
1,515
•
2.25
Feb
May
Apr
4.80
Jan
40c
May
26c
Feb
60c
May
he
May
8c
Jan
70c
May
1.00
Feb
was
45d.
per
ounce.
fixed at 443/4d.
was
.999
per
at
same
date, the
.999 fine and
ounce
change until February 23, 1948 when it
no
which
fine,
the
on
was
the absence of sellers for forward delivery.
advanced
Prices have
use
quiet, but there has been
in essential industries and
India
been
no
consequence
February,
appears
unchanged at 74% cents
Cash
ounces
February
926,037 fine
ounces
572,720 fine
ounces
output in February,
1947
the
no
position
likelihood
regards ship¬
as
at
present
of <the'
being resumed; in
has shown
little
During the period under review the New York quotation has
remained
1947
972,212 fine
in
the market in free exportable silver
QUOTATIONS
ounces
steady demand
j
alteration
there
and
a
this has been satisfied
activity.
comparison:
the
235
3.40
issue of import licenses by the Indian authorities
and
below, together with figures for the corresponding
remembered that
22J/2
32%
•
_-
for^cash; delivery
There has
during the months of
respectively
1948
22 %
May
May
Jan
18
•
by sales from official stocks.
992,185 fine
be
2%
3.25
l
for silver for
issuedv by the Treasury,
January
will
33'/2cMar
50
*
The market has been
un¬
suspended last August to £ 181,500,000.
months of 1947 for the purpose of
It
14% Mar
1,500
25
48
since remained level at 45d. for both positions.
for
£27,000,000; February sales brought the total
convertibility of sterling
11,175
50c
1
common
months' quotation
there
sales of gold by the United Kingdom
January
21V2
25
31%
1
silver
?
gross
Apr
figure it has ruled since November 6, 1947;
calculated.
According to the
39
SILVER
changed at 172s/3d. per fine ounce, at which figure the above amount
was
155
May
4% May
Throughout the first quarter of 1948 the official quotation for
at £247,833.
England's buying
& Ontario Paper
Oreille
Yukon Consol
quarterly bullion letter of Samuel Montagu
of gold held in the
of
48
7
two
The
149
Mar
__
•
common
Temiskaming Mining
GOLD
The amount
Mar
3
20V2
360
__
*
,
Paper
Southmouth Investment
Southwest Petroleum
Co., London, written under date of April 1.
of England was unaltered
40
134
48c
__
_____100
Jan
68c
7
We reprint below the
Apr
5
3,080
31%
•
Preferred
Apr
English Gold and Silver Markets
&
39
__
•
Humberstone Shoe
Jan
7
6%c
*
100
6%c
Mines
Knitting class A
5c
lie
26% May
•
May
2% May
4%
48c
♦
Oil
May
<
20%
20%
•
common
Feb
4g
•
-
19
35
Feb
287/8 Mar
1.50
Jan
May
145
„
17,900
10c
9%C
Paper
6%
110
38
*
Oil
15%
95
200
Feb
Mar
4%
«
Feb
<%
80
145
__
4%
•
10c
35
2%
38%
.
2
22
Sic
9%c
34
2%
*
20
96%
1
510
790
25%
•
19
12,500
96%
,
177/8
28
25%
Mines
19
35
1
14c
23c
_
Bear
2,992
30%
5%c
Winora Gold
Yellowknife
3,125
110
13c
*
Wright-Hargreaves
5%
30%
100
common
Preferred
5%
104%
*
Sugar
Hayes Steel
Winnipeg Electric
5%
109'/a
100
10
13
High
25
Marconi
Canadian
Canadian
Low
120
Dominion
Canadian
Range Since January 1
High
29%
Canadian Fairbanks Morse
May
Shares
29 %
common
&
Low
for Week
29 %
Preferred
Jan
31% May
Apr
Sales
Range
of Prices
*
Preferred
Apr
12% May
10%
Week's
'
Last
13%
9c
_____
Friday
Sale Price
STOCKS—
8% May
2.35
Apr
22c
12,170
12%
i
preferred
com
7.25
30%
*
w
Consol
Western
7.15
1.95
5% Mar
1.68
1,494
36C
—
W)
common
__-i.w-i.w--:--
7.20
34c
__
Amulet
Walker
m
1
—
Canadian Funds
Jan
Apr
May
16% May
1.15 Mar
6,075
'
Vulcan
Exchange-Curb Section
High
Par
•
Upper Canada Mines
Toronto Stock
Range Since January 1
High
25
Mining
United Corp class B
United
Shares
Low
•
Union
for Week
of Prices
Sale Price
Par
45d.
per
ounce
ounce
delivery
Highest Lowest
January
(per
Aver.
45d.
45.0000d.
.999 fine.
.999 fine)
Two months' delivery
Highest
Lowest
44%d.
44%d.
Aver.
44.750Gd.
February
45d.
45d.
45.0000d.
45d.
443/4d.
44.8125d.
March
was
adversely affected by labor troubles.
45d.
45d.
45.0000d.
45d.
45d.
45.000Qd.
5
-
For footnotes
see
page
43.
J
Art':'" '■
Volume 167
Number 4703
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
(2399)
OVER-THE-COUNTER SECURITIES
Quotations for
Friday, May 28
V
Investing Companies
Mutual Funds—
Aeronautical
Affiliated
Far
Bid
(Ask ;1
SescuWtieSiiii^t
: 5.88
Inc—x—i—:"i4.50
Amerex
4.92
Holding Corpj.___x._^_i0) w 27 %
American Business Shares—.-i'l
-'v 4.02
Associated) Standard
T',.
Shares
series
-2
Blair
Corp__
Holdings Corp—;—;
Bond
Inv
Canadian
1
5%
1
Inc
i
Ll
Ltd
Inv
19,06
4.15
'31.08
Fund—
Christiana
—_1
Securities
Preferred
100
-
Investment
Low
6.64
16.11
25c
Bond
145
; 1.54
1.69
Balancedv
.
V".; Stock
Fidelity
,1
25.33
,
-!•
Inc-_
Financial Industrial Fund Inc Tc
First
Boston
Corp
10
First Mutual Trust Fund
1
Fundamental Investors Inc
2
X2.05
Fundamental Trust shares A__2
6.17
49.44
5.50
5.90
34
36
5.78
Capital
Corp—'-—-1
General Investors Trust—
1
,.
New York
6.43
15.39
16.87
Bank
7.67
6.63
7.19
shares-'
lc
Building shares—
6.36
lc
shares—
'
shares--—'—
11.46
*6.05
Company
Priced
shares, lc
shares—:
Petroleum
I 7-16
Utility
Fund
and
B-2
(Low
(Low Priced
Knickerbocker
10.88
1
9.84
10.78
7.64
11.57
12.68
1
10.72
11.37
Industry
1
Investment Fund_l
11.54
bond
series
12.65
11.19
12.26
stock—1
13.59
14.89
1
preferred
8.00
9.86
equipment
1
9.42
5.11
1.77
5
24.71
^
18.82
26.91
Bds)
6.29
6.44
1
7.88
&
Trading-,
State
1.03
9.89
16.06
28.59
31.08
7.38
8.08
15.28
Inc
Series
3.42
Dated
Due
Aetna
Casualty &
Insurance
Aetna
Surety
Bid
Ask
bl.35
1.15%
1.55%
bl.40
—51.81
1.15%
1.45%
Life
2%
11.79
24.30
Investment
Bid
1
25
—
American
Alliance!
American
American
22
4
18.13
6.43
19.82
—
8.48
9.27
20.44
22.34
10.32
10.53
17.71
19.33
16.59
17.84
11%
13
20
21%
12%
14
Equitably
Assur
5
& Casualty_5
American of Newark—
American
Trustee
2.50
8.02
1
2.53
1
American
Surety——
Automobile
1
8.05
2.85
10
Continental
7%
New
21 Va
Fund of Frisco
31%
68%
56%
155
55%
10
107
5
15
33%
—
*
59%
160
58%
110
22%
28%
Glens
46
48
10%
11%
21
25
76
81
23
5
Globe" &
Republic-—
5.«,
& Rutgers Fire com'—15
preferred
American—
Hanover Fire
Hartford
Hartford
Fire—.—
1-5
5
——10
—10
Steamboiler—
10
.
31
,
5
5
12.50
32%
27%
29%
119%
31%
123%
33 %
Fire
25
Co_I
Revere
(Paul)
14
15 %
25%
85%
105
110
1.45%
bl.65
1.50%
1-49
bl.65
1.50%
4-
1-48
1.55%
5-
1-48
United States
Bid
June
3,
1948
June
10,
1948
June
17,
1
»
June
24,
1,
8,
89
bl.00
4%
34 Va
'
5
36%
4%
5%
26%
28%
Fire—
78
bl.00
New York
Bank
of
the
Manhattan
100
0.95%
5,
bl.00
1948
0.96%
bl.00
0.96%
bl.00
0.96%
bl.00
0.96%
bl.00
12, 1948
19, 1948
26,
0.96%
1948
Ask
23%
25%
329
Central Hanover Bank &
Trust 20
Chase National Bank
-15
Chemical Bank & Trust
Trust
94%
_10
41%
_20
Co
43
45
Exchange Bank
Morgan
24
25
National
54%
56%
New
_10
& Trust -20
50
& Trust
National
80
10
,
Bank
15%
37
1,360
-10
16%
170
100 1,490
25
46%
Trust
Co
20
P) & Co Inc
City Bank
12%
(J
283%
17%
1,540
49%
51%
100
'
225
53%
231
Trust
25
Public Nat'l Bank &
Trust_17%
84
13%
35
100 1,300
Fiduciary Trust
First
Manufacturers
274 %
10
Ask
200
100
Kings County Trust
Lawyers Trust
38%
43%
160
100
Guaranty Trust
Irving Trust
112
91%
36%
Bid
100
Grace National
43%
108
Par
Fulton
344
41%
Brooklyn Trust
Recent
Bonds—
41%
43%
89
92
25
77
York
Sterling National
Title, Guarantee & Trust
United
States
41
12
Trust
43
81
9%
100
10%
550
Bid
Ask
96%
97%
101%
102%
Consol
Nat
Gas
23/4S——1968
Cudahy Packing 2%s
100%
1967
Stocks—
4%%
Kentucky Utilities
Louisiana
Ohio
Ohio
Pow
Power
Public
&
3s
Lt
102%
lu2%
1977
103'A
101%
England Gas & Elec—
4%% preferred
101%
Okla Gas & El
5%%
102%
1978
102%
Service 3'/as_—1978
102%
1977
101
102
1978
101%
San Diego Gas & El 3s
1978
S'western
102%
103
1983
104%
104%
Bell
Tel
3%s
Swift & Co
Toledo
2%S—
Edison Co 2%s
1973
100
3.50%
100%
.
100%
99'A
100'A
102%
Stocks—
Par
Alleghany-Ludlum
$4.50
conv
103
Bid
Ask
*
108
109
American
Broadcasting
1
American
9
Cladmetals
1
1%
n_-.
92
51
54
of
New
100
80%
82%
Mexico_7
14%
15%
28
28%
Southern Calif Edison—
4.56% preferred
25
Speer Carbon Co_^
*
Tennessee Gas Transm's'n Co—
'4%% preferred
100
West
9%
*
92
103
90%
50
Texas Eastern
Transmission
Tucker Corp "A"
Steel—
preferred
85
107%
100
(Indiana) —
preferred
Public Service
1978
82%
90%
106%
101'/a
97%
105%
Public Service
_1977
3s
107
106
pfd
Pennsylvania Electric—
3.70% preferred
Pitney Bowes 4%% pfd
103 %
Pacific Pwr & Light 3%s
Potomac Edison 3'/8s
Ask
105%
New
98
3%—1978
3s
100
Birmingham .Elec $4.20 pfd—100
Florida Pow & Lt
4%% pfd_100
98
Bid
Power—
preferred
Ind'polis Pow & Lt 5%
pfd—100
Kentucky Utilities 4%% pfd-100
Monongahela Pow 4.80% pfd 100
105
97
par
Appalachian/Electric
97%
104
Georgia Power & Lt 3%s—1977
Iowa Power & Light 3s
1978
■
,101%.
96%
Delaware Pow & Lt
3'/aS—1977
Firestone Tire & Rub 2%s__1972
580
Security Issues
Par
29
10
Standard Accident
46%
48 %
10
30Va
32Va.
Travelers
100
Fidelity & Guaranty Co
Westchester Fire
0.95%
bl.00
City Banks & Trust Cos.
Bid
Co. _10
Bank of New York
Bankers Trust
51
27
Fire
0.95%
29,
bl.00
1948
1948
Disinfecting
12%
*
$5 preferred
13
96%
98%
12%
1
12%
4%
common—50c
4%
13
14
96%
:_*
1%
99%
106%
99
81
10
10
S
0.95%
1948-
Ask
1948
25
12%
Surity
Security (New Haven)
Springfield Fire & Marine
U
0.95%
bl.00
1948
15,
22,
..
10
Seaboard
U S
0.95%
bl.00
July
July
July
Aug.
Aug.
Aug.
Aug.
0.93%
92
2
St Paul Fire & Marine
US Guarantee
Bid
b0.99
1948
July
July
Treasury Bills
Ask
bl.00
1948—)
West Penn Power
50%
5
(N Y)
7%
80%
10
Providence-Washington
30
46 %
23%
6%
10
„
Reinsurance Corp
Republic (Texas)
28
10
Preferred Accident-
15%
21%
26%
Falls—
bl.60
3-49
1.55%
1.35%
29%
43%
2.50
Pacific Indemnity
Phoenix
Firemen's of Newark
2nd
Fire
River
Pacific
—10
2
10
:__10
Fire
83%
Fire——
•——5
General Reinsurance Corp
10
Gibraltar Fire & Marine-—10
Great
York
Casualty
Northeastern
Northern
32%
Franklin
Globe
Amsterdam
New Brunswick
New Hampshire
53%
10
Fireman's
8
85
30%
Phila—:
49%
35%
51%
of
47
77/e
33%
10
*
1-48
1-
2-
1.55%
1.25%
bl.55
27%
10
10
10
Assn
7
26
6%
80%
Fidelity & Deposit of Md——20
Fire
4
Fire
Inc
Federal
30%
5
23
10
Employees Group Assoc.Employers Reinsurance
28%
2
19%
-10
——
5
National
Casualty—
Forster
28%
(Detroit)—10
National Causalty
North
Life
26%
National. Union Fire
7%
--5
General
50
22%
National Liberty
80
Connecticut
15%
47
21%
5
23 %
71
City of New York—
&
$2.10 Prior preferred
10
Convertible preferred-5
Massachusetts Bonding
Merchant Fire Assur
14%
37%
25
12-
1.20%
bl.50
1-48
Arkansas Pow & Lt 27/aS—1977
Columbia Gas & Elec 3%s—1973
36
64
2%
Fire
20
N Y
62 Va
10
Camden
of
34%-
Shippers
1-48
bl.45
1-48
109
21%
American
&
Boston
1.35%
3-
2-48
Ask
30
105
Maryland Casualty common—1
New
Baltimore
Bankers
Jersey Insurance
Bid
28%
10
18%
32%
25
1.40%
'bl.55
2.94
5
of North America
Merchants & Mfrs
17%
30%
—10
>
Ask
bl.60
1-48
8-
,
3.64
,,
10
Reserve-
Bid
1-48
10-
9-
Empire Trust
Federation Bank
Shares—
$1.05
2%
Re-Insurance
American
23 %
Due
11-
10-
Corn
Par
| Insur Co
40
5
.0346
1-48
1-47
1-48
Continental Bank & Trust
58
Casualty
.0520
100.0148
2-48
2-48
Par
1
Inc
North Amer Trust Shares—
Series
1955
Series 1956
53 %
10
American Fidelity
Crum
51
Automobile
American
Dated
1-
21.82
1
1
Home
55
v
Agricultural
100.0354
i—
w
96c
1
Ask
47%
.0311
2-
12-
53.00
86c
1
Series E
6.33
100.0162
5-
1.25%
86c
50.00
25c
Fund series A
Fund
Diversified
5.71
.0465
.0405
/t&iOl
77c
Corp_*
Independence Trust Shares-
15.00
.0080
100.0272
12.76
6.68
-I
10c
Unit Type Trusts—
83
45
.—10
Rate
1.35%
Trust
16.52
1949
11-
Commercial National Bank &
30.41
.0078
100.0348
51.81
C
Whitehall
18.80
5.78
10
1,
1.20%
29.09
10.51
5.22
10
11 %s June
1-48
Insurance Companies
Aetna
:
1-48
18.93
Par
.9990
3,75
27.05
'26.65
17.35
•'
.9991
99.9924
7-
16.95
I
Investing Corp
Wellington Fund—
28.58
24.39
15.76
Union Preferred Stock
Fund—1
Union Common Stock Fund
1
Wall Street
15.62
x27.34
Stks)—1
Fund———-1
99.9925
6-
25
1
—
Street
Union Bond
Series B
*
com
.9989
1 47
10.34
1
Trusteed Industry Shares
1.14
14.66
1
99.9923
2-47
9.67
5
Fund
Selected Amer Shares
86c
Ask
99.9947
tl'/aS Feb. 1, 1949—
tlVa Mar.' 1, 1949
tl'/sS Apr. 1, 1949
9-
8.64
8.82
I
(Geo)
Fund
10.57
77c
1
Ask
10-
7.06
1
Sovereign Investors-.**.*—*
,.9.64
Bid
99.9944
K
6.89
equipment
Standard Utilities
1
Bid
1.15%
13.50
1
-
Bonds)
Oct.1 1,' 1948 Series
tl%s Jan. 1," 1949—
1.15%
20.62
12.32
1
Republic Investors Fund
Russell Berg Fund Inc
Scudder, Stevens & Clark
1.81
■
tls
Federal Intermediate Credit Bank Debentures
Rate
10.32
1
1
—
Petroleum
5.68
•
Bonds)—1'" " 9.63
K-l (Income pfd
Stocks!^—1
17.23
K-2 (Appreciation pfd
Stks)_l
x22.28
S-l (Quality common
Stks)_l' v" 27.80
S-2 (Income com
Stocks)—1
15.14
S-3 (Appreciation com
Stks)_l
13.75
S-4
9.07
9.93
1
_
Putnam
4.38
5.23
4.73
(Speculative
Priced
6.97
8.28
1
stock
Railroad
5.96
4.03
1
Certificates of Indebtedness—
J Is Oct. 1, 1948 Series J
.0076
12.44
supply
Railroad
5.93
10c
Bonds)
.0459
t%s July 1, 1948 Series
G
t7/as July 1, 1948 Series H
5.16
lc
.1513
1%% 100.0343
—
' 16.79
n.35
Maturity—
1%% 100.1398
1% 99.9942
1949——
Price
Ask
11.69
4.75
5.46
121%
11.88
2.78
5.49
120
1961
13.55
; 2.55
Group
(Medium Grade
B-3
15.66
1
Tobacco
{■■it
100.4
4.62
1
Steel
Keystone Custodian Funds—
B-4
4.23
Bid
4.46
10.67
9.69
Investors
(Investment
7.78
4.08
10.84
6.45
Investment Co of America
1
Investment Trust of Boston
1
Investors Management Fund—_1
B-l
x7.12
12.36
8.94
Irtc——_1>
Bond
1
1
1,
Certificates of Indebtedness—
t%s July 1, 1948 Series F_
6.32
1
? 5.94
Institutional Shares/Ltd—
"
Aviation Group shares
lc
Bank Group
shares—-—Id
Insurance Group shares
lc
Stock
5.78
15, 19481, 1948
tJan.
4.03
1
lc
lc
Income Foundation Fund
Incorporated
3.69
Int. Rate
tOct.
5.20
_4
—lc
shares—'——— i.—lc
shares
lc
Plan
tSept.
7.89
i
Pacific Coast Invest Fund
Public Utility
8.89
RR Equipment shares——lc
Railroad stock shares
lc
Steel shares—^—
lc
Tobacco
Maturity—
7.33
7.22
x4.76
—
Oils
7.79
'8.20
Railroad Bond shares
Howe
8.99
10.09
lc
sharets
6.71
1
Metals
10.13
9.31"
-lc
Merchandising shares
Mining
shares.;,
7.43
Machinery
8.63
'9.65
*
6.80
.1
stock
Insurance
8.56
8.29
Institutional bond shares—lc
Investing
Low
10.80
Merchandising
7.96
7.89
100.1
100.7
100.1
101.4
12.42
'5.57
General bond shares—-L'-lc
Industrial Machinery shares lc
,
9.78
7.30
i;
lc
Fully Administered shares__lc
„
1
6.73
Electrical Equipment shares lc
FOod
'6.90
9.02
lc
Chemical
Ask
99.30
100.3
U. S. Certificates of Indebtedness
15.06
9,99
1
Chemical
Corporate
Diversified
Diversified
Diversified
Electricial
8.32
Automobile
Bid
:
Stocks Inc—
Building
Securities— 7
Agricultural shares.———lc
Aviation;
14.03
1
Series
1948
Other Issues
Panama Canal 3s
16.68
1
Aviation
Group
shares——lc
15.26
1
Series
Agriculture
Automobile
1
100.28
13.71
Fund—_l
2.24
1955-1953
15,
20, 1949
Apr. 15, 1949
8.37
xl2.68
Low Priced Com
Stock Series 1
New England
7.08
45.98
General
-
1,
Banks—
Jan.
1 %S
Dollar
Selected Group Series——
17.70
28.42
l%s
98.24
29.94
1
Corp
Industrial Stock Series
27.09
16.56
26.29
'5/V
—
Sept.
97.28
98.16
point
a
5.07
7 64
1
-
Fund-
4.60
1
Bond
Stock Series
Fund--—Fund
l%s
97.20
1953-1951
Loan
5.58
27.69
1
series
Priced
Speculative
Eaton & Howard—
100
32nds of
more
Home
4.47
5.06
or
5.14
,
Preferred Stock Series
Income Series-
17.42
99.26
one
Federal
4.81
4.05
,4.86
•
:1c
National Security Series^—
3,090
6.11
1
Shares---—
lc
.-1?
Securities-—
Balanced Fund
National Investors
15.69
140
1
Delaware ^ Fund
Dividend
14.50
com__100 2,990
:
Commonwealth
Nation-Wide
5.30
33.42
<•
Ask
1,
l%s Jan.
2%s Feb.
5.15
Mass Investors 2d
Fund
Mutual Invest Fund Inc
20.89
Bid
5.05
-
1
Chemical
,
Ltd
4.67
Steel
lc
Manhattan Bond Fund Inc__10c
Mass Investors Trust
1
19.16
4.77
4.10
4.36
shares—
shares
9.13 > * £9.14
•
4.33
3.72
4.58
Petroleum
21.94
17.72
—1
Fund
99.00
" 20.29
v
Industries shares^-lc
None-Ferrous Metals
Paper shares
4%
•? 95.04
Figures after decimal point represent
Federal Land Bank Bonds—
l%s Oct. 1, 1950-1948
1%S May 1, 1952-1950-
4.36
Furnishings shares—lc
General
6
3%
America——*
3.95
Drug shares——
——-lo
Eiectrjcal Equipment shares-lc
17.96
Ask
,
Automobile shares—--—lc
Business Equipment shares_lc
8.92
16.52
Shares. Trust-—1
Century
,
10%
8.25
Bowling Green Fund Inc..
IOC'
Street Invest Corp—-5
Fund
50.02
Managed Funds—
4.41
10 Va
Broad
Bullock
;
49.02
Obligations Of Government Agencies
105.29
Home
Beneficial
Boston .Fund
29%
BI*
103.18
Oilstocks/
A-
Axe-Houghton Fund Inc.——1
Axe-Houghton Fund.
Tr of
Par
Loomis Sayles Mutual
Fund—*
Loomfc Sayles Second
Fund__10
/ 6.45
;
.
Fund
598
a
Odd lot sale
Included
change.
dividend.
613
2
51%
53%
4
52
76
79%
37%
n
(not included in year's
range).
year's
range).
e
Ex-interest,
Admitted to trading N, Y.
Curb,
(Un) Admitted
dividend,
to
Ex-rights.
Unlisted
f Flat
r
b Big yield price,
price,
Cash
k Admitted
sales
Trading privileges,
d Deferred delivery sales (not
to
listing
on
N.
Y.
(not included in year's
range),
w
d When
delivered. '
w
Stock
Ex¬
t Ex-stock
i When
issued.
55
36
xEx
in
10.
.2.50
♦No
par
dividend paid
y
value,
on
tin
May
2
Ex-stock dividend.
default,
iThese
10.
1
bonds
are
subject to
all
Federal
taxes.
HEX
$40
cash
43
44
COMMERCIAL
THE
(2400)
&
FINANCIAL
CHRONICLE
Monday, May 31, 1948
—
—
"
Week Ended May 22
1948
Bank
Third
clearings this week will show
Preliminary figures compiled by
cities of the
us,
increase
an
based
compared with a year ago.
ings will be 37.8%
inary total stands at $14,228,956,792
At this center there is
1947.
parative
against $10,324,904,757
com¬
1945
1946
$
$
t
1,072,451
+ 15.1
855,295
559,697
750,437
+ 37.1
934,846
765,661
1,188,891
926,278
+ 28.4
751,788
813,778
,.+ 53.4
1,904,282
673,000,000
658,000,000
1.580,891
3,098,606
2,252,405
684,000,000
2,838,753
2,286,473
1,776,815
Scranton
"5,401,947
4,278,366
+ 26.3
3,090,840
2,505,590
Wllkes-Barre
2,547,295
2,154,528
+ 18.2
2,111,061
5,029,903
3,476,609
+
44.7
1,773,356
1,837,004
9,083,548
6,396,346
+ 40.4
5,516,442
7,067,197
6,017,152
>+17.5
5,244,835
4,695,017
11,297,800
1,033,136,034
714,163,325
+44.7
703,469,218
685,347,204
994,000,000
York—u
;
Delaware—Wilmington
New Jersey—Trenton
for the week follows:
summary
,
3,455,038
Philadelphia
Reading.
for the same week in
Our
or
1,234,749
Lancaster
Our prelim¬
gain for the week ended Friday of 32.6%.
a
Inc.
Dec. %
'1,028,860
t
Chester
obtain weekly clear¬
above those of the corresponding week last year.
$
District—Philadelphia—
Bethlehem
country, indicate that for the week ended Saturday, May 29, clearings
for all cities of the United States from which it is possible to
Reserve
Pennsylvania—Altoona
telegraphic advices from the chief
upon
Federal
1947
$
THE COURSE OF BANK CLEARINGS
Total (11 cities)
+ 45.3
'+
5.6
1,514,951
Clearing.s—Returns by Telegraph
V.
.
Week Ended May 29
'
%
1947
1948
,
Fourth
$7,149,266,261
|
I
•
+ 32.6
633,778,199
470,807,593
+ 34.6
901,000,000
Chicago
$5,391,087,955
613,000,000
+
47.0
444,446,488
338,832,837
+
31.3
•
?
Philadelphia
1
Boston
v
:
i*
:
St. Louis
180,621,541
+ 49.5
San Francisco
?
300,675,000
221,299,000
165,672,236
174,655,887
+
5,043.817
4,162,366
120.419,759
115,279.000
+ 30.1
212,629,404
225,156,780
+ 44.3
I
19,892,600
16,861,300
+ 11.1
275,610,709
24,374,200
4,227,790
+ 18.2
3.394,923
6,464,564
Pennsylvania—Pittsburgh
+
358,662,905
.t
__
6,684,294
3.3
5,519,414
3,010,161
3,778,813
205,104,585
265,706,110
572,004,502
633,954,530
28.5,
—
328,713,577
Total (7 cities)
263,708,415
+ 24.7
937,348,455
+ 73.6
312,946,339
6,577,656
152,558,865
4,998,431
J
Youngstown
+ 35.9
287,229,435
Cleveland
l,
264,900,000
177,200.000
_
;
196,030,001
35,173,400
Cleveland
Mansfield
+ 48.7
Pittsburgh
"ijf1
7,305,577
i
Columbus—
268,506,515
Kansas City
1
I
Cincinnati—
is
1
Federal Reserve District—Cleveland-
Ohio—Canton
733,741,929
+27.7
~
I.Baltimore
79.2
201,702,282
117,702,267
+ 71.4
$10,764,850,519
$7,850,679,316
+ 37.1
2,652,644,895
1,748,976,770
+ 51.7
$9,599,656,086
811,461,378
725,248,671
+
$14,228,956,792 $10,324,904,757
issue of next week.
our
ends
We
37.8
cannot furnish
Saturday and the Saturday figures
District of
In the
we
able
are
ended
detailed
elaborate
to
appear
statement, however, which
case
has to be estimated.
present further below
we
give final and complete results for the week previous—the
May 22.
For that week there
was
an
increase
week
27.7%, the aggregate of
the bank
cities
week in 1947.
same
Outside of this city there was
clearings at this center having recorded
a
are
delphia Reserve District of 44.7%.
We group the
located and from
(including this city) the totals show
expansion of 30.8%, in the Boston Reserve District of 22.1%
an
the Phila¬
and in
The Cleveland Reserve District enjoys a gain of
27.7%, the Richmond Reserve District of 19.9% and the Atlanta Reserve District of
7,528,000
6,593.000
78,358.943
77,934,181
2,835,118
+ 22.0
2,339,415
2,163,253
226,314,557
178,746,864
+ 26.6
163,330,144
.145,138,630
73,896,206
66,947,677
+ 10.4
54,916,792
42,515,658
444,494,854
370,736,240
+ 19.9
308,368,768
275,544,272
Columbia—Washington
Federal
Reserve
the
In the Chicago Reserve District the totals record
St. Louis Reserve District of 25.1%
19.1%.
an
increase
of
and in the Minneapolis Reserve
17.3%, in
17,830 858
Nashville
58,678,650
218,200,000
Augusta
we
a summary
SUMMARY
Reserve
1st
New
3d
4th
6th
6th
+ 14.4
1.847,101
1.515,313
90,227,875
+ 19.9
63,572,262
56.492,877
Alabama—Birmingham
95,559,601
75,851,600
+ 26.0
63,755,499
56,622,439
Mobile
1
.
Atlanta
Chicago
St.
9th
+ 27.2
278,957
216,178
+ 16.5
106,130,170
86,547,669
671,276,900
.Total (10 cities)
569,641,201
+ 17.8
483,410,910
409,892,839
10th
Kansas
11th
Dallas
12th
San
442,G24,478
413,101,179
6,404,146,217
6,443,390,269
714,163,325
+ 44.7
703,469,218
685,347,204
733,741,929
+ 27.7
572,004,502
633,954,530
370,736,240
+ 19.9
308,368,768
Seventh
Federal
Reserve
District—Chicago—
Michigan—Ann Arbor
1,315,115
569,641,201
+ 17.8
488,410,910
409,892,839
New
6,381,659
South Bend
We
now
1,018,811,942
868,472,491
+ 17.3
520,771„094
416,244,241
+ 25.1
our
369,476,635
310,132,517
+ 19.1
226,531,071
518,783,813
422,786,630
+ 22.7
316.333,044
306,734,775
r
206,008,991
304,049,016
a
318,065,743
239,357,345
+ 32.9
187,223,225
158,938,258
766,433,517
653,355,066
+ 17.3
585,708,586
520,838,472
a
12,112,751,480
7,489,749,178
6,018,186,850
detailed statement
+ 27.7
+ 24.5
11,269,417,235
5,049,854,181
11,008,123,916
at—
1947
$
$
Inc.
Iowa—Cedar Rapids
Maine—Bangor
1,940,634
Portland
Dec. %
1946
$
1945
t
1,460,676
+ 32.9
1,206,171
776,086
4,428,877
4,005,068
+ 10.6
4,253,687
3,075,490
517,647,718
422,711,754
+ 22.5
378,120,840
360,171,967
2,129,888
1,623,817
+ 30.8
1,359,119
1,057,053
802,088
677,328
+ 18.4
630,625
28,195,000
+
31.2
3,533,516
3,566,810
10.104,591
9,306.554
-!
25.9
39,008,491
31.307,481
+
25.4
3,805,755
3.033,782
25,141,805
27,165,189
11,992,925
11,611,140
1,261,795
795,013,837
2,800,645
2,823,352
10,513,514
City
Illinois—Bloomington
4m.
-
_
2,273,442
2,067,905
7.5
18,722.309
14,385,897
+
3.3
8,378,091
1,005,921
+
25.4
696,724
672,490
630,358,477
+
16.9
546,243,718
527.229,516
0.3
1,638,439
1,491,803
—
—
8,032,511
10,322,681
+
1.9
7,194,282
6.787,739
4,610,243
3,739,328
+
23.3
3.140,375
3,188,591
3,351,122
2,951,156
+ 13.6
2,527,138
2,133,328
1,018,811,942
868.472,491
+ 17.3
694,420,744
650,324,111
+ 23.6
-
Eighth Federal Reserve District—St. Louis—
249,500,000
205,500,000
187,400,000
96,657,483
+
27.8
78.088,693
71,004,894
36,800,285
2,072,058
-
Kentucky—Louisville
308,400,000
123,498,751
Missouri—St. Louis
68,319,518
+ 27.1
55,328.401
47,253,583
1,767,240
+ 17.2
1,209,378
1,076,298
520,771,094
416,244,241
+ 25.1
340,126,472
306,734,775
+ 21.3
Tennessee—Memphis
Illinois—Quincy
Total (4 cities)
-
Ninth
Federal
Reserve
District—Minneapolis—
1,631,863
+ 19.2
1,636,713
5,543,931
209,372,293
+
23.7
5,764,724
152,652,359
144,467,204
82,489,900
Minneapolis
76,729,030
+
7.5
54,167,143
46,293,335
+ 19.4
3,581,305
3,086,244
St. Paul
6,108,271
North Dakota—Fargo
7,893,813
7,111,145
+ 11.0
6,198,100
\4,545,267
Lowell
__
,
.
:
Worcester
5,679,677
3,740,047
3,144,970
+ 27.3
16,906,377
13,532,517
9,311,890
+ 21.4
8,314,214
6,618,518
.27,090,900
Rhode Island—Providence
+ 31.2
20,754,183
11,302,280
New Haven
4,329,266
26,421,781
Connecticut—Hartford
23,544,000
+ 15.1
New Hampshire—Manchester
3,760,862
3,139,814
+ 19.8
1,817,807
Montana—Billings
3,253,978
2,305,846
+
41.1
1.879,903
1,325,593
—
8,192,939
7,925,362
+
3.4
6,717,830
4,942,743
—
369,476,635
310,132,517
+ 19.1
226,581,071
206,008,991
Helena
Tenth
Federal
Reserve District—Kansas
1,800,537
City-
520,652
£59,076
'
Omaha
I'iK
Ka^^Topeka-Missouri—Kansas City
3?2'
422,817
474,324
5,329,921
105,281,889
+ 23.1
206,469
223,306
17.9
490,515
317,692
+ 24.4
4.012,591
3,807,579
+ 10.2
78,774,635
71,337,943
+
5,963,621
+ 16.2
8,572,466
284,463,275
9,511,851
+ 51.7
7,458,131
7,229,911
+ 26.8
211,684,504
210,307,083
3,246,697
9.5
5,794,082
5,192,908
1,464,499
+ 44.2
5,909,636
1,276,297
1,940,568
St. Joseph
1,301,967
+
49.1
1,310,521
856,929
518,783,813
422,786,630
+22.7
316,333,044
304,049,013
5,719,810
+ 23.9
4,446,501
S'nolfi?
—
19,423,300
Colorado—Colorado Springs
—
Pueblo
Total (10 cities)
+
17,925,900
1,209,815
+ 19.3
835,285
564,768
608,725,242
498,275,805
+ 22.1
442,624,478
413,101,179
30,524,337
13,748,504
+ 122.0
10,419,491
9,486,584
2,967,482
2,440,813
+ 21.6
2,443,782
93,347,279
81,567,189
+ 14.4
57,755,064
66,500,000
1,744,926
1,227,807
+ 42.1
1,020,248
829,445
f.iiJ.Jbo
944,632
*
;
Eleventh Federal
Reserve District—Dallas—
r
••
|
34.3
154,075.000
2,545,202
131,312,009
21,711,672
4,940,000
+ 26.4
16,028,338
14,824,355
+ 28.4
4,430,000
3,065,009
4,126,476
9J66.353
2,904,046
+ 42.1
2,059,722
1,701,143
8,020,817
+
21.8
6,183,664
5,490,553
318,065,743
239,357,345
+32.9
187,223,225
158,938,258
+ 10.3
90.153,240
105,192,483
2,083,575
7,085,724
263,304,000
Texas—Austin
Dallas
1,442,945
'
5,116,241
South Dakota—Aberdeen
1,161,917
Fall River
_
4,093,335
6,751,617
258,919,068
Minnesota—Duluth
526,926
1,944,641
Massachusetts—Boston
■V-?''
35,542,000
+ 23.7
Sioux
Lincoln—
or
First Federal Reserve District—Boston-
Springfield
3,168,205
34.5
12,152,920
Hastings—
Week Ended May 22
1
| New Bedford—
3,442,666
f
4,739,192,955
showing the figures for each city for the
1948
Clearings
3,133,102
3,701,388
+ 34.3
46,696,577
Nebraska—Fremont
'
5,110,165
15,028,295
a
week ended May 22 for four years:
i-4
547.014
7,470,610
0.4
650,324,111
694,420,744
340,126,472
•
a
City
add
4,864,745
802,914
25.7
58,812,722
Terre Haute
Total (7 Cities)
4?
4,725,233
42,056,000
10.2
+
a
6
York
5,454,937
6,343,605
56,556,000
Indianapolis
+
—
a
15,471,225,912
Outside
8,317,200
5,430,613
Lansing
Indiana—Fort Wayne
1,193,853
10,452,292
Grand Rapids
275,544,272
671,276,900
Total
\
+ 22.1
+ 30.8
a
10
Francisco—
498,375,805
•6,315,744,690
444,494,854
10
City
608,725,242
937,348,455
7
.
+
$
a
4
Minneapolis
4,387,875
4,951.417
6,599,884
291,273
114,257,248
7,039,275
1945
a
17
Louis
$
1,033,136,034
10
,
1946
Dec. %
a
6
.
Inc. or
$
8,263,901,683
7
—
6.7
370,419
133,111,560
Louisiana—New Orleans
Rockford
<<
11
Richmond
7th
cities
12
..
Philadelphia
8th
:
12
.
York
2,276,662
2,936,953
+ 15.9
CLEARINGS
1947
$
Districts
Cleveland
BANK
36,859,694
151,900,000
2,797,108
Decatur
by Federal Reserve Districts:
1948
Boston
2d
OF
48,786,431
183,600,000
3,758,545
Total (17 cities)
Week Ended May 22
18.4
75,252,505
4,354,840
Springfield
Federal
27.8
+
<'3,200,000
Macon
Peoria
furnish
13,074,132
12,552,120
+
+ 14.6
Florida—Jacksonville
Chicago
Reserve District 32.9% and in the San Francisco Reserve District
17.3%.
following
13,954.383
69,482,472
250,100,000
Georgia—Atlanta
Des Moines
District of
In the Kansas City Reserve District the improvement is
22.7%, in the Dallas
In the
+
District—Atlanta—
Tennessee—Knoxville
Wisconsin—Milwaukee
17.8%.
1,149,550
1,895,474
14.4
+ 15.0
gain of 24.5%,
gain of 31.0%.
according to the Federal Reserve Districts in which they
this it appears that in the New York District
a
+ 28.7
9,497,000
Mississippi—Vicksburg
of
clearings for the whole country having amounted to $15,471,225,912 against $12,112,751,480 in the
Sixth
2.337,105
110,372,476
3,457,736
Total (6 cities)
them today, inasmuch as the week
Accordingly, in the above, the last day of the week in all
3,007,001
10,866,000
126,953,354
Maryland—Baltimore—
not available at time of going to press.
are
District—Richmond-
South Carolina—Charleston
Complete and exact details for the week covered by the foregoing will
in
Reserve
Richmond—.
11.9
+
Federal
Virginia—Huntington
Virginia—Norfolk
+ 39.8
$13,417,495,414
All cities, one day
Total all cities for week.
Fifth
West
Fort Worth
Galveston
6"
Wichita Falls
Louisiana—Shreveport
=.
H'222
196,061,000
+
—
j Total (12 cities)
Total (6 cities)
Second Federal Reserve
District—New YorkNew
Twelfth
York—Albany
|| Blnghamton
Buffalo
.Elmlra
Jamestown
;
1,877,985
1,746,719
7.5
1,318,466
1,709,114
6,094,564,630
+ 31.0
6,219,563,054
6,268,930,961
16,227,946
+ 16.5
13,112,761
13,724,115
13,161,542
^
7,931,476,734
18,902,610
New York
y
9,365,666
+ 40.5
7,223,036
5,758,876
_
,
Connecticut—Stamford
New Jersey—Montclair.
Newark—
Northern New Jersey.
Total (la cities).
.
District—San Francisco—
107,145,168
3,344,705
Yakima—
Oregon—Portland
Utah—Salt Lake City
—
137,432,031
—
—
California—Long Beach
59,922,774
10,447,651
97,170,384
3,052,423
102,044,342
45,075,254
+
9.6
3,058,122
+
34.7
94.024,401
+ 32.9
33,390,942
8,661,126
+
20.6
10.664,525
10,738,995
5,006,153
282,286,009
73,953,153
28,378,061
9,099,561
Rochester—
Syracuse
1,424,953
Federal Reserve
Washington—Seattle—
14,891,619
.
>
'
12.675,576
696,917
44,983,491
59,326,761
8,263,901,683
+ 17.5
10,266,326
538,410
+ 29.4
548,064
400,761
34,299,385
.1.+31.1
29,379,597
26,532,173
47,342,045
+ 25.3
51,096,328
38,893,726
6.315,744,690 '+30.8
6,404,146,217
6,443,390,269
\
..
.
+
Pasadena.——
—
San Francisco—
San Jose
Santa Barbara
Stockton
Total (10 cites).
? Grand Total (112 cltiesf:
outside
New York
•Estimated.
—
—
7,821,656
6,068,416
+ 28.9
6,191,816
417,172,340
10,505,279
3,868,954
369,519,309
+ 12.9
330,192,208
6.8
7,739,883.
3,804,327
+
1.7
3.442,699
5,697,401
2,329,095
8,772,959
8,118,940
+
8.1
6,850,750
5,173,556
9,840,548
+
766,433,517
653,355,066
+ 17.3
585,708,586
15,471,225,912
12,112.751,480
+27.7
7,489,749,178
6,018,186,850
+24.5
11,269,417,235
5,049,854,181
I:
520,838,472
11,008,123,916
4,739,192,955
Kdlurae. 167;
COMMERCIAL
THE
Number 4703
:
&
FINANCIAL
CHRONICLE
Company, and Issue+~
t
Foreign Exchange Rates
T|
FOREIGN
EXCHANGE
CERTIFIED
RATES
RESERVE^ .BANK
FEDERAL
BY
MAY
TREASURY
TO
UNDER
TARIFF
ACT
OF
mortgage
314%
Merchants' National Properties, Xno.~~,
Debentures due 1958 (modified*-
1930
Value in United States
i
'<
-
-
<
Money/
Jun
1
2134
Sep
l
;; 1924
-Jun
1
...
$
Official
.291133"
.297733«
.297733*
$
.297733*
V J Free_..
.251247*
.251247*
.251247*
.251247*
Argentina, peso—
$
.
Australia', pound
3.212133
3.212133
3.212133
.022800
.022800
.022800
.054406
.054406
Canada dollar—~
j
-4.
3.212133
.022800
.022796
.022798
.054406
.054406
.054406
.054406-
.054406
1.000000
.926875
'
1.000000
1.000000
1.00000Q
.927890
.925625
.923281
.925781
.208604
4.031328
4.031328
l\.57(U00*
.570100*
.020060
1 .020060
.208604
;208604
4.031328
4.031328
.570100*
.020060
.208604
4.031328
'.020060
.208604
England, pound sterling—^
France I Metropolitan) ', franc—
•
.570100*
.570100*
.020060
;
,
1.000000-
1.000000
1.000000
.928125
.928125
.928125
.570100*
.570100*
.020060.208604 4.031328 -
1.000000
.927187
-
.570100*
.570100*
.570100*
.0200601
.020060
.020060
.020060
.208604
.208604
.2086043
.208604
4.030390
4.031250
4.031250
4.031250
_
_
Free
Date
Page
52410
.004671*
.004671*
.004671*
.004671*
.004671*
.003276*
.301691
.205726
.003272*
.301691
.205726
.003272*
.301691
.205726
.377473,
.003272*
.301691
.205726
.003272*
.003267*
.003272*
.003267*
.301678
.301691
.301691
.301691
New
.205726
.004671*
.004671*
.205726
.205726
.205726
Norway, krone
.
__
Spain, peseta
Sweden, krona
.377360
.377410
.377360
1.000000
1.000000
1.000000
.923125
".924583
.925625
.925625
.925625
3.225000
.201595
.040328
.091324
.278242
3.225000
.201595
.040337
.091324
.278242
3.224333
3.225000
3.225000
3.225000
.201595
.201595
.201595
.201595
.040343
.040343
.040346
.040343
•Announcement In this issue.
.923541
3.225000
.201595
.040343
.091324
.278242
3.225000
.201595
.040343
.091324
.278242
3.225000
.201595
.040343
.091324
.278242
.091324
.091324
.091324
.278242
.278242
Service
Electric &
Standard; Oil Co. of
Gas Co,,
2031
12004
$5
2136
15
1,'49 1591
preferred stock—Jun 30
Kansas, preferred stock
Jun
1
1*5$
—Jun
1
2073
Wisconsin
.233628
.233628
.233628
.233628
.233628
.233628
.233628
.233628
.233628
4.007500
4.007500
4.007500
4.007500
4.007500
4.007500
4.007500
JVol.
IIVol.
165.
§Vol.
164.
166.
.233628
4.007500
4.007500
DIVIDENDS
Uruguay, peso—
Controlled
1
.278242
4.007500
pound
Public
.091324
.278242
1
Anytime
Michigan Power Co.—
1st mortgage 33/4S, due 1961—
1.000000
1921
2258
Co.—
Oak Mfg. Co., 5% convertible debentures, due 1955
Jun
Ohio Power Co., 6% debenture bonds, due 2024—.-—Jun
.377473
1.000000
.920625
Switzerland, franc..'
Union of South Africa,
Light, Heat St Power
bonds, due 1949
4%
money
2028
July
Electric
1.000000
.377410
.921250
Portugal, escudo
&
.377473
.377473
1.000000
_
New Zealand, pound
Gas
2129
12142
Jun
—
,
York
Purchase
1.000000
.924375
.377584
1.000000
.925208
3.225000
.201595
.040337
.091324
.278242
-
1965
J
-
.003274*
.301691
.205726
.377634
;
_
2300
1
Appalachian Power Co., 6% debentures, ser. A, due 2024_july I
Ashland Oil & Refining Co., 414% conv. pfd. stock
Jun 11
Butte Electric & Power Co., 1st mtge. 5s, due 1951—Any time
Eastern Steamship Lines, Inc., $2 conv. preferred stock-July 1
Elk Horn Coal Corp.,. collat. trust 4s, due 1956——Junl
Lake St.. John Power & Paper Co., Ltd.—
1st mortgage 514 s, series A
—
Longwood Towers Co., preferred stock
.004671*
Newfoundland, dollar—
Official
2299
1
/ ENTIRE ISSUE CALLED.
,
_
-
.
1.000000
guilder-,—.,
Netherlands,
i
Inc., 1st mortgage 3s, due 1958
.004671*
.205726
7.
18
-Jun
$3.75 pfd. stock
.004671*
L__,
India, Dominion of, rupee
Mexico, peso
-Jun
2035
-July
...
Co.,
.003274*
.301691
Official
„M Free__I,z
•
1973-
Company and Issue—
1.000000
.923828
Colombia; peso
Czechoslovakia, koruna
•Denmark, krone——Ji
3%s, due
..:«•( *
%
si-
Electric & Gas Co.—r
mortgage
Water Associated Oil
Wilson & Co.,
due
.022796
.054406
Carolina
1st
Tide
3.212133
'
.
1
South
$
$
3.212133
'
_
.251247*
1
.297733*
.251247*
3.211483
,1.000000
>
.
.297733*
.251247*
3.212133
.022800
"
Free__,_
.297733*
.251247*
$
3.212133
.022798
.054406
—
.297733*
.251247*
v
May 27
1368
'
1961. -July
-
.022800
.054406
May 26
.297733*
$
.297733*
.251247*
3.212133
Belgian, franc
Brazil, cruzeiro__
Official
'
May 25
May 21
;
-
Pittston Co., 20-year 814%. income debentures, due 1964 -July
Sherwin-Wiliams Co., 4% preferred stock
Jun
May 24
May 20
May 19
May 18
$
May 17
May 14
1921
2031
'
Merritt-Chapman & Scott Corp.—
614 % preferred stock, series A
Minnesota Transfer Ry.—«
1st mortgage 3%% bonds, dated 1930
Philadelphia Co., 414% collat. trust bonds,
Buying Rate for Cable Transfers in New York
Noon
1584
J7V: 1
—
„
Country and Monetary Unit
1
bonds, due 1961——
-July
Port Street Union Depot Co., 1st mtge. 3%s, due 1965. .Jun
Iowa Electric Co., 1st mtge. 4s, series
A, due 1961— -Jun
1948, INCLUSIVE
1948 TO MAY 27,
14,
"5>
.
1st
...
.
Page
'
the Federal Reserve Bank certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world,
We
give below a record for the two weeks just passed:
~
*
!
i
45
Date
•
Independent Telephone Co.—
mortgage 414s, series A—.Jun
'Eastern New York Power Corp.—*
V/i+v
1st
to the
}'l
■■■.<
>.
.
Citizens
■"<Pursuant to the requirements of Section 522 of the Tariff Act of 1930,
:
(2401)
.658300*
.561800*
.658300*
.561800*
.658300*
__
.561800*
Noncontrolled
.658300*
.561800*
.658300*
.658300*
.658300*
.658300*
.658300*
-.561800*
.658300*
.561800*
.561800*
.561800*
.561800*
.561800*
(Continued from page 12)
'
'Nominal rate.
Name of Company
Share
Minnesota
Condition Statement of Member Banks
The condition statement of weekly
banks
of
shows
the
the
Federal
Reserve Banks Combined
in
in Treasury bills,
was
$176,000,000
in
Federal
deposits
demand
Banks
Reserve
credited
domestic
to
banks.
Gold
certificates
for
F.
+ 2,430,492
50,000
+
46,502
+
8,586
+
2,337,162
47,727
95,507
+
190,598
R.
3,498
93,330
—
Other
gold ctf. reserves
Discounts
22,025,893
I
and
280,321
advances
cash
320,757
Industrial loans
U.
largely in New
S.
Govt,
—
+
887
11
—
—
716
Treasury
New York
$242,000,000
increased
bills
5%
Mueller
1
Bills
+
492,790
—6,370,822
4,125,993
+
7,000
—1,791,725
1,946,800
+
10,000
+
Bonds
in
4%
Brass
Murray
6,323,000
15,650
+
Total U.
S.
Ohio
Mutual
8,196,591
—
1,577.500
5,587,610
7%
and
$23,000,000 in the
of Treasury certificates
Philadelphia
District.
Holdings
of indebtedness increased $55,-
000,000 in New York City and $73,000,000 at all report¬
Total
Govt, securities-
Due
F.
loans
from
R.
notes of
20,592,384
+494,140
20,914,028
+
—
Bank
deposits
York
City
increased
adjusted
decreased
and
997,437
banks.
in
the
in
San
trict; the net increase at all reporting member banks
States
creased in all districts and the net decrease
000,000.
Demand
deposits
credited
to
was
domestic
de¬
$145,banks
Borrowings decreased $47,000,000 in New York City
and $28,000,000 at all
104,385
32,617
assets
t
Mav 19,
-
May 12,
1948
Assets—
;T
Loans
and
Investments—total
Loans
and
brokers
—
14,208
and
dealers
for
;
Other securities
J Other loans for purchasing
National
U;
notes
bank—reserve
acct.
16,901,067
1,787,560
deposits
Deferred
items
Total
o£
bills
serves,
note
liabilities
Contingent
liability on
purchased! for foreign
29
11
1
244
175
+
10
14
+
15
2
118
+
15
677
1,874
391
6
224
ing tenders, and the
which the details
Banks
1,329
12,034
domestic banks
—
521
411
777
Cash in vault
—
51
31.0,254
3,823
+1,966,104
preferred
National
—
Sugar Refining
Transit
+
161,480.
+
67
379
14.761
—
17
382
U. S. Government deposits
Interbank demand deposits:
1,529
—
145
115
8,523
1
1.340
—I
153
deposit accounts, except
U., S.
Govt,
accounts,
176
+
22
—
0.6%
Haven
28
43
&
Watch
New
Haven
Co.
$4.25
Water
New
York
New
(quar.)
1
Auction
Chemical
+
11
+
931
a
list of corporate
redemption
last date for mak¬
gives the location in
or
page number
were
given in the "Chronicle."
OF
bonds,
series
Page
(quar.)
<
4
2028
due 2039_Jun 15
2035
PARTIAL
REDEMPTION
Co.
Date
Page
Corp., 414flc conv. pfd. stock-__'Jun 18
Bridgeport Brass Co.,, 514'% preferred stock
Jun 30
Childs Co.,, 514%
preferred stock———Jun
1
2246
*
1920
6-15
<
6-18
7-1
6- 4
:6-23
6-15
7- 1
7- 1
6-15
6-29
6-11
6-10
5-28
30c
2214c
6-21
6-30
6-14
6-25
6- 4
6-10
6- 9
6.- 3
6-11
5-26
6-23
6- 3
B-Gosh,
Brush
preferred (quar.)
Inc., common (quar.)—
(quar.)
Co
Pacific
Indemnity Co. (quar.)
Chemical, 3% conv. preferred
C.)
(quar.)-
5-19
6- 5
6-10
6-15
5-28
15c
3714c
6-25
6-30
7- 1
6- 1
6- 1
6-18
6- 8
6-lt
5-20
5-20
6-11
6- 7
7777777-
6-15
6-15
50c
$2
50c
214c
50c
Company
Pennsylvania Glass Sand Corp., com.
5% preferred (quar.)
Pennsylvania Power & Light,
414% preferred
(quar.)-
Pennsylvania Telephone
5-28
6-12
6-30
7- 1
6-10
America—
of
8%
preferred
(quar.)
common
40c
$1.25
30c
$1.1214
1
1
1
1
1
1
1
6-10
6-11
6-11
6-10
6-10
Corp.—
-
53c
7- 1
6-15
Suspender Co. (quar.)—
Pittsburgh Consolidation Coal Co. (quar.)—
40c
$1.3714
1214c
50c
30c
50c
7-1
7-15
6-15
7- 1
6-15
6-12
6-8
6-21
6- 7
6-16
6- 3
6- 3
$1-75
$1.75
7-1
7- 6
6-10
6-10
$2.10
preferred
(quar.)
Peoples Drug Stores (quar.)
Peoples Gas Light & Coke
Pepsi-Cola Company
Philadelphia & Reading Coal & Iron
Pioneer
Pittsburgh Ft. Wayne & Chicago Ry. Co.—
(quar.)
preferred
(quar.)
Common
Potomac
Merchandise Co.—
Power
...—
(quar.)
East
Products
Dome
Mines,
(quar.)
Ltd
Bank & Trust
Co.
(N.
Y.)
6-1
6- 7
Public Service Electric & Gas, $5
pfd. (final)
being called for redemp¬
June 30 at $110 per share.
above
6-30
6-10
7- 1
7-15
6-20
6-15
7- 1
6-18
$1.25
6-30
—
Quarterly
tion on
6-1
7-1
50c
Prentiss-Wabers
This
7-1
6-30
$3
(s-a)
Electric
$3
2214c
20c
20c
tl!4c
-
preferred
Public National
"
7-1
$1.25
Insurance
(special)
Corp.
Preston
Company and Issue—
6-18
6-29
7- 1
6-24?
50c.
Potter Company
A,
7- 1
30c
50c
$1.10
50c
Co.
Gas
Machine
&
Life
Corp.,
6%
Jun
6r 5
6-15
40c
preferred
Poindexter (H. T.). & Sons
Date
6-15
7- 1
7- 1
20c
Forge
Common
TENDER
6-15
40c
-
Gas
Oklahoma
(J.
6-15
1
$2.50
$2.50
15c,
(s-a)—
Railway & Land Co
Fibre
7- 1
7-
20c
(quar.)
Edison Company, common
4.40% preferred (quar.)-
$1.50
7
7-12
25c
Co.
Co
Northern
Ox
6- 4
$4
Coal
Illinois
88
3,202
8- 2
6-14
6-9
50c
$1.0614
& Harlem RR., common
preferred (s-a)
Niagara Share Corp., class B
22,032
—
6-14
6-
$1.50
York
Oshkosh
+
7-1
7- 1
$1.0614
pfd. (quar.)..
Ry. (increased)
10%
Oliver
6- 4
6-19
6-30
2214c
(quar.)—
Newport Industries, Inc., common
414% preferred (quar.)
Natural
3.6%
6-30
6- 4
$3.50
13c
$1.50
(s-a)
(s-a)
Jersey Water Co.,
convertible
+
7-15
6-15
6-15
7- 1
Co.—
preferred
New Orleans & Texas Pacific
Line
5-28
6-15
6-9
50c
(quar.)
pfd.
$6
New
414%
cor¬
mortgage 3% -6%
Anderson-Prichard Oil
22,530
Clock
convertible
Omnibus
Fonda, Johnstown & Gloversville RR.—
1st mortgage 4s, series A, due 1991
Philadelphia Transportation Co.—
30
—
preferred
New
Northern
+2,003,306
^6- 9
$1
(quar.)
Insurance
8,366
323
—
Co.
Laundries,
7%
Consol.
banks
7%
Fire
England
Oahu
7- 2
J50c
J44c
50c
^ 25c
1214c
6-19
$1.50
"—
Quarterly
Company and Issue—
46,440
Cement,
England
+
3.781
6-21
4
Pump & Machine Co.—
+
+
6-10
7-.1
6-12
7- 1
7-2
6-14
15c
Nazareth
Nopco
6-15
6-21
7- 1
6-15
25c
(quar.)
National
6-29
2
25c
(quar.)
National
Old
NOTICE
deposits adjusted
Time deposits, except Govt
B
5-31
5-31
1371/2C
(quar.)
common
Corp.
6,716
bills
The date indicates the
1
.Liabilities—
Steel
+
31
2,285
Demand
2,174,260
+
bonds, notes,
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
+
securities
Interbank
and
during week
6%
Co.,
+
514%
Below will be found
4,234
■'
+
+
73
837
+
3,514
-
27,440
Calls and Sinking Fund
Notices
53
banks
Lead
Park
+
..
563,919
32
6.634
27.011
demand
30,426
indus¬
34
to
1,036,508
2,351
make
73
bonds
Foreign
National
6-
6-15
6-15
$1
Co., Ltd.—
(quar.)Co
Gypsum
Penney
2,571
Borrowings —--C
—
+157,667
3,300
to
275
.
+
46,036.836
combined
+
.
,10,644
27,543
+
Debits
3,570
+
57,860
—
Domestic
+ 1,195,618
+
—
448,189
3,882
*
522,233
gold certificate re¬
to deposit and F. R.
+
+
.
(quar.)
Ohio
47
234
Federal Reserve
—
395,519
198,120
;
(Section 7)
respondents
—
Co.
(quar.)
Northern Indiana Public Service, common—
Capital Accountspaid in
Commitments
trial loans
3,732
loans
with
8,211
—398,114
17,883
45,305,124
Capital
Surplus
403
58
484
notes
with
—
2,222,584
liabilities
2.402
Balances
+
19,476,732
availability
Other liab, incl. accrued divs.
Treasury
Reserve
+
415,807
Treasury certificates of indebtedness
Other
+2,003,306
+175,474
372,298
Other
3,539
280
Other-loans
S.
—
acct.
Treasurer—gen.
Foreign
carrying:
Loans to banks
U.
120,263
+ 161,480
23,587,925
S.
+
3.608
estate
582
+
Grocers
preferred
4V2%
+
—
'
Treasury
—
(quar.)
(quar.)
New
Reserve
91
422
U. S. Government obligations
Other securities
Real
+
A
National
Deposits:
282
388
or
40
3,327
pur¬
chasing or carrying:
\
U. S. Government obligations
-
1947
agricultural
——
to
+
23,356
Industrial,
loans
'
1948
63,456
„-r
Commercial,
*
'
Register
preferred
Ohio
May 21,
(In millions of dollars)
Loans—total
+
Cash
New
Ratio
Dec. (—) Since
Co.
6-18
15c
15c
(quar.)
Casualty Co. (Detroit)
(quar.)
National City Lines, Inc., common
•.
5,537
299,643
re¬
Inc. (+) or
•
V
+
+
—
46,036,836
Total liabilities & cap. accts.
*
'
1,611
—
170,509
Surplus (Section 13b)
capital accounts
reporting member banks.
of-the assets and liabilities of weekly
porting member banks follows:
;
53
—461,682
2,509,034
Other
'"A summary
(Hawaii)
National
Northern
alsp decreased in all districts.
'
—
was
deposits
Government
Co.
Interim
Total
United
Co
i
Federal
$122,000,000
$25,000,000
807,555
Liabilities—
Francisco- District and $21,000,000 in the Cleveland Dis¬
$67,000,000.
banks
premises
Member
New
other
589,636
—
49
$25,000,000 in the Chicago District
and $53,000,000 at all reporting member
Demand
banks
Other assets
Total
ment bonds increased
foreign
securities.
Uncollected items
Holdings of United States Govern¬
ing member banks.
and
(quar.).
common
Breweries, Ltd., common
preferred
(quar.)^
$1.50
$33,000,000 in the San Francisco District
Mfg.
Telephone
National
i
_
America,
(quar.)
Nation-Wide Securities
$4
City and $77,000,000 in the City of Chicago,
and decreased
Co
preferred
National
securities:
Certificates
of
Brewing Co., common
participating preferred (s-a)
6-4
6-15
25c
50c
Muehlebach
7-2
7- 1
7- 1
6-30
30c
Ltd
6- 4
6-18
50c
Storage,
Inc.
5-25
6-15
7- 1
20c
6214c
(qur.)_-
6-
5-31
1:20c
(quar.)
com.
6-12
25c
Works, Ltd.
Utilities-Co.
(quar.)
Refrigerating &
Montreal
5
20c
$1.05
130c
common
preferred
Murray Corp. of
Notes
Holdings
$4.20
Motorola,
'
+
21,405,170
fund
620,723
Total
York City.
•
1947
$
Redemption
and
and other securities decreased $87,000,000,
1948
1948
Assets—
notes
agricultural loans de¬
creased $23,000,000 in New York City and $47,000,000 at
all reporting member banks.
Loans to brokers and deal¬
ers for purchasing or carrying United States Government
industrial,
Commercial,
r
May 26,
and
May 28,
6- 2
S3
Locomotive
Montana-Dakota
decrease (—) since
and decreases of $521,000,000
with
balances
reserve
Montreal
5-28
6-12
15c
62V2C
(s-a)
Equipment,
preferred (quar.)
5%
May 19,
Mills
Auto
or
6-
6-12
40c
(quar.)
6-15
15c
Appliance Corp.
Manufacturing Co.
Modine
Monarch
Increase ( +)
United States Government securities of which $275,000,000
$1.25
40c
Mission
Monroe
thousands of dollars)
(In
ended May 19: An increase
Holdert
Payable of Rec.
Co.—
Extra
reporting member
principal changes for the week
of $367,000,000 in holdings of
following
Valley Canning
preferred (quar.)
5%
Statement of Condition of the 12 Federal
System in leading cities
Reserve
When
Per
(Saturday).
Foreign Exchange closed on May 15 and May 22
6- 1
issue
,
i
1
j
;.<i
46
THE
(2402)
Per
J
Name of Company
.Publication
i
Common
,
7%
7%
Vv(
50c
:—
Quaker
6%
Oats Co.,
Inc.
preferred
Ralston
Co.,
6-23
7-10
7-
$1.50
$1.50
.
Corp.
7-10
6-12
7%
8-31
8-
7% ,preferred
7-
15c
,
6-11
37y2c
(quar.)
S 7c
River
Metal
Riverside
Common
Ruberoid
v
1
6-18
Webster-Chicago
Wells-Gardner
1
6-19
1
West
6%
6-10
West
6-25
6-10
Western
7-
1
6-21
Westmoreland
7-
6-30
6-11
5-31
class
A
Wheeling
'n$5
Whitman
6-
1
5-24
Wichita
6-
1
5-24
6-
7-
e
7-
1
6-
6-10
Zooke
&
L. l
(T.
class
Corp.'
Winter
Wood
5%
6-12
6-
6-29
6-10
6-15
6-
4
50c
1
6-15
6-
4
$1.25
7-
1
7-
1
Standard
12 %C
6-
7
$1.12%
7-
1
6-
Brothers,
&
Towne
Below
6- 1
$1.12%
6-15
6- 1
6- 1
1
3iy»c
(quar.)
4>/2%
Mfg.
7- 1
6-14
6-14
5S!/.e
25c
6y 1
5-22
7f 1
7^1
7-1
6-10
25c
pfd.
(quar.)
Co
56Vic
6-10
25c
6-15
66-
1
6-15
6-
4
6-24
6-10
$2.50
10c
6-
4
5-17
$1.50
6-15
25c
1
5-24
$25c
7-30
6-30
$50c
7-20
6-30
12y2c
7-
1
i2y2c
7-
1
6-17
Abitibi
5%
Acme Glove
6-18
Adams
50c
7-
1
6-15
Advance
6-30
6-
5
27c
6-30
6-
5
$1
6-15
6-
5
5%
6-15
5-23
Agnew-Surpass Shoe Stores, Ltd. (quar.)
Akron Canton & Youngstown RR.,
5%
preferred (s-a)
'axsa,
Alabama
1
6-15
10c
6-30
6-25
13 %c
6-30
6-25
25c
6-20
6-10
7-
5-29
5-24
15c
6-15
6-
6-15
6-
1
6-15
6-
1
7-10
6-10
10c
6-10
6-
2
6-10
6-
2
Alpha
A
Allied
Portland
30c
6-10
6-
2
Aluminium,
55c
6-10
6-
2
Aluminum
40c
6-
1
5-25
$1.25
7-
1
6-21
50c
7-
1
6-10
B
&
Terstegge
(quar.)
Strawbridge & Clothier $5 pfd. (quar.)
Stroinberg-Carlson Co. $4 conv. pfd. (quar.)
6-12
$1
Superior Oil Co. (Calif.)
Superior Steel Corp. (quar.)
7-
25c
6-
1
$3.75
47c
2
Co.
7-
1
7-
1
7-
1
6-15
Amerex
25c
7-
1
6-15
American
Airlines;
Brewing
Gas
Co.
4Vt'/e
Co.,
6-10
1
6-10
American
7-
American
1
6-
4
6-30
6-
1
40c
6-19
6-
9
Co.
6-19
6-
9
57c
Cable
&
preferred
Chicle
Co.
6-10
American Cigarette & Cigar Co.,
6%
preferred
(quar.)
6-10
50c
6-21
7-
2
6-
15c
7-
1
1
6-15
American
Encaustic
$1.75
7-
1
6-15
American
Export
$2
6-
8
6-
1
3C
6-21
6-
5
6-21
6-
5
$4
(quar.)
Insurance
6-11
5-28
(increased)
(s-a)
Co.
(Coixn.)
(quar.)
—
preferred
$$1.75
(initial
common
7-15
25c
6-16
6-
30c
(quar.)
Tucson Gas Electric Light
Insurance (Minn.)
Disc Clutch Co. (quar.)
(s-ai
City Fire
5-29
—
50c
Paper
6-12
6-12
6-
6-20
6-
50c
6-14
6-
preferred (quar.)
United Artists Theatre Circulit, Inc.—
0%
preferred
(quar.)
United Gas Corporation
Tnxst
__——
.
&
(N.
Y.)
7-
8
7-15
6-23
American
3.90%
6%
Oil
Utica
&
Refining
(quar.)..
1
6-10
1
6-10
American
$8.75
,
7-
1
6-/15
Common
6-
5
$6
preferred
6-15
6-
1
$6
preferred
.
—
.
.
10c
7..
1
5-28
•5c
Mohawk
—
——
'
6-15
40C
Carpet Mills (quar.).—
5-29
£-29
5-21
50c
5-28
'
7-1
6-4
5-7
5-7
5-7
6-14
5-28
75c
10c
v
B
75c
30c
10c
20c
'
common
97V2c
25c
-
$1.50
$4 preferred A
6-15
6- 1
6- 8
6-10
7-15
6- 1
6-
$1
(quar.)
:
7- 2
100%
6-15
6-2
5-14
5-28
5-28
6-30
5-21
5-21
6-15
*
dividend)
(s-a).
(s-a)
-
1
10c
Co..
Finance—
(quar.)
5-27*
5-14*
6-11
6- 1
Del.—
Co.
preferred
Class
5-12
6-15
6-1
6-1
6-1
Co
Paper Goods, 7% pfd. (quar.)
(quar.).
7%
preferred (quar.).
.....^
American Potash & Chemical class A (quar.)
5-21
7
of
Foundry,
American
6-15
6-15
6-25
5-12
50c
62'/2c
75c
75c
(stock
6-15
$3
pfd. (accum.)
Corp.
&
Molasses
25c
5-20
5-21
6- 1
Leather—
National
50c
5-25
6- 1
5-20
$1.183A
(quar.).
Co., Ltd., common
(quar.)
Meter
American
7-
1
5-20
6-22
5-20
75c
6-
1
5-10
50C
6-15
5-15
tl5c
6-
1
4-30
$$1.12(4
6-
1
4-30
25c
6-15
5-31
50c
6-15
5-14
$1.50
7-
1
6-10
40C
6-
1
5-10
(quar.)
common
93%c
(quar.)
(quar.)
6- 1
$3
6-15
6- 1
$3
12-15
12- 1
$1.75
6-15
6- 4
$1.75
9-15
&
;
$1.75
12-15
12- 6
37V2c
6.-15
37Vic
6-15
6- 1
6-1
$1
6-15
6- 1
•
6-1
6-
1
5-20
6-
1
1
5-17
40c
Investment
preferred
Auto
57c
conv.
B
series A
preferred
Canteen
Automatic
Steel
$1.65
V.
6-18
6-10
U
5-28
5-10
5-22
6-
1
5-lf
6-
1
5-14
25C
6-
1
5-14
25c
6-
1
5-15
7-15
6-15
40C
(quar.)_
6-
5-20
6-
1
5-20
20c
6-
1
5-15
8c
'.
(monthly)
1
4VAc
(quar.)
(quar.)
6-
1
5-15
8c
7-
1
6-15
12(4c
6-
1
5-19
$1,12(4
6-
1
5-19
30C
7-
1
6-10
Co.—
preferred
(quar.)
6%
preferred
6%
preferred
(quar.)
(quar.)
Baltimore
$1.50
$1.50
Steel Corp.—
preferred (quar.)
convertible preferred
12-31
7-15
Baltimore
8%C
6-30
preferred
Radio
8%c
Show,
67c
preferred (quar.)
Bangor Hydro-Electric, common (quar.)
4% preferred
(quar.)
7%
preferred (quar.)
Co.
Bsurber-Ellis. Co.
(N.
9-14
12-14
6- 8
6-
1
5-15
15C
6-
1
5-15
40c
7-20
7-
1
Trust
&
$1
7-
1
6-10
$1.75
7-
1
6-10
6-30
5-29
Savings
45c
Y.)
(quar.)
Canada, Ltd. (quar.)
of
1
5c
(increased)
Trust
1
$1.25
National
America
Association
710-
1-2-49
8%C
(quar.)
(quar.)_
Inc., com. (quar.)_
convertible
of
9-30
1-15-49
Porcelain
convertible
7%
Bankers
10-13
$1.50
7%
Bank
6-30
1
10c
America
Corporation, common (quar.)
4 Va%
prior preferred (quar.)
Babbitt (B. T.), Inc. (quar.)
7%
5-28
25c
■
D.
6%
5-21
6-21
25C
-
(quar.)
of
preferred
Products
Mills
6-
6-15
Works—
convertible
Avondale
C
Co.
6-15
11214c
A
(increased quar.)
Allied
5-19
J5C
Products
Gear
Common
Avon
J
pfd. (quar.)
(quar.)
conv.
preferred
conv.
Automatic
Automotive
5-21
5-19
56 V* C
(quar.)
Co
5%
1
40c
Mines, Ltd. (quar.)
Electric Service, Ltd., class
series
6-
6-14
6-14
.'50c
preferred
5%
5-21
$2.50
Gold
Autocar Co.,
8
1
3714C
—
A
5-
6-
$1
non-cum.
preferred (s-a)
Refining Co. (quar.)
Corporation (quar.)
Atlas Imperial Diesel Engine Co.
Powder
1
2
$2
5%
Atlas
Serial
6-
6-
$1.12(4
Atlantic
Aunor
6-16
6-10
30c
Coast Line Co. (Conn.)
Atlantic Coast Line RR., com (quar.)
Atlantic Gulf & West Indies SS. Lines—
Atlas
5-14
6-30
$1.50
(quar.)
5-14
1
30c
common
5-14
1
6-
50c
(quar.)
(quar.)
1
6-
$1.75
Co.
6-
$1.50
7-
1
6-
4
Barber
(W.
&
H.)
6-15
5-31
$12%C
Barlow
$25c
6-15
5-31
25c
$1.20
class
Barnsdall
Basic
A
Oil
(quar.)
Co.
Refractories,
Batavia
Body
Bathurst
Class
Co.
Power
A
&
(quar.)
Shoe
S.)
7
1
5-
7
6-
5
5-14
6-1
7
6-15
6-
1
5-15
$37%C
37 %C
(quar.)
preferred
5-
6-
10c
6-
1
5-
4
6-16
12 %C
6-
7-
$60c
Brummel Ties, Inc. (quar.)
Beaunit Mills,
Inc. (quar.)
(A.
5-
1
Ltd.—
Beau
434%
5-12
1
20C
(quar.)
Inc.
(s-a)
Paper Co.,
Cigars, Inc
Beatty Bros., Ltd. (quar.)
Beck
1
6-
50C
common
6-
30C
(quar.)
Manufacturing,
6-
15c
15c
Co.
Seelig
Extra
6-15
2
1
6-
50c
6-
1
5-15
$1.18%
Corp.
(quar.)
6-15
6-
1
5-14
\ 5-29
1
Beech-Nut
40c
6-26
Belden
30c
6-
1
5-17
$$1.50
7-
2
5-31
$$1.75
7-
2
5-31
Packing Co. (quar.)
Manufacturing Co. (quar.)
Belding Corticelli, Ltd., common (quar.)
7%
preferred
(quar.)
Belgium Glove & Hosiery Co.
Common
5%
of Canada—
(quar.)
preferred
Bell
&
Gossett
Bell
&
$15c
Co., common (quar.)
4(4 7c
preferred
(quar.)
Beneficial
Corp., $6 preferred
(s-a)
Benson & Hedges. $2 conv. preferred
(quar.)
Berkshire
Fine
Spinning
Bessemer Limestone &
preferred
Bethlehem
7%
Bibb
Steel. Corp.,
Binks
6-
1
6-15
$3
6-
1
6-14
6-1$
5-15
7-31
7-15
8-
>
7-12
2
35C
common
6-
2
50C-
7-
1
6-19
50c
Co.,
7-
1
6-19
5-19
60c
common
5-10
1
-6-4
7-
1
6-19
7-
1
6-19
6-
Carpet(initial
e
quar.)
preferred
(quar.)___
Mfg.
(quar.)
Co.
1
7-
50c
(quar.)__
6-
$1.75
common
(quar.)
_1
Bigelow-Sanford
6%
Brll
$1
preferred
New
1
50c
—
Manufacturing Co.
Extra
2
$1.06%
Associates
Cement
(quar.)
2
6-
12 %C
(quar.)
7-
15c
Howell
Co.
7-
$25c
(quar.)
9-6
.
6-
56 Vac
(quar.)
6-15
25c
preferred
6-15
$1
Atlanta Gas Light Co.,
4%
•.:*
12-18
1
Spring Corp.
Atchison Topeka & Santa Fe Ry
B.
6-23
12-23
6-
(quar.)
Ltd.
9-24
12-18
6-30
$3
Co.,
9-30
12-23
25c
Bayuk
,
prior
Metal
6-15.
6-15
—
Machine
American
7-
,
i
6- 1
6-15
6- 1
6-4
6-4
5-31
25c
25c
preferred
$1
7%
Utah
6-15
6-30
6-15
7-1
7-1
6- 3
6-14
6-11
6-11
6- 1
6-15
7- 9
6-15
6- 1
6- 1
30c
(quar.)—
&
preferred
$1.75
(quar.)
&
Insulator
American
—
(accum.)
preferred (s-a)
American Investment
Co.
(111.)
(quar.)
American Locker, class A (quar.)_—
7
7-30
$7 pfd.
pfd,
Hide
Convertible
7
50C
—
Corp..—
Upressit Metal Cap Corp., 8%
66-
10%
Wire Co.—
Match
6-14
6-14
conv.
American
(Bait.) —
(quar.)
6-
67o
convertible preferred (quar.)
American Home Products (monthly)
1
30c
(quar.)—
Co.
6-10
1
4
25c
Finishing Co., $4 preferred
United Steel
6-
7-
■
Fidelity & Guaranty Co.
preferred
6-15
25c
—.
■
Stock dividend'—.
Universal
$1.25
1
Forging
American
5-20
(quar.) J—
dividend
Extra
Quarterly
6-
6-
& Manufacturers-
Merchants
Cash
6-14
$1.25
Co
Inc
(quar.)
$3 conv. pfd. (quar.)
American-Hawaiian Steamship
4
—
common.—
(accum.)
preferred
$2.50
5
(quar.)
5%
6-15
$1.25
$1.50
30c
25c
87,/2c
12V2c
50c
$1.75
$1.50
12'/2c
(quar.).
American General Corp. $2 conv. pfd. (quar.)
5
13 %c
-
4%7e
5-26
6-20
25c
¥ystem,
6-15
5c
5c
5Qc
35c
$1.25
—
5-26
$1
Gas
United
4
5-21
5-15
5-20
5-20
5- 8
6- 5
6-5
6- 1
30c
Socket (quar.)
American Fork & Hoe Co. (quar.)
American Fruit'Growers, Inc.
(quar.)
American Gas & Electric, com. (quar.)
Stock dividend (2/100ths shares of Atlan¬
tic
City
Electric
common
!for
each
share held)
Z
6-30
20C
(irreg.)
preferred
American
5-19
Extra
Tyler Fixture Corp., common
* 5y2%
preferred (quar.)
Bag &
$6
& Power Co.—
quar.)
Tiling
Lines,
American & Foreign Power,
Co., Ltd.—
Tobacco
75c
(accum.)
Colortype Co. (quar,)__
American Cyanamid Co., common (quar.)..
3%% preferred A (quar.)—
6-10
$7%c
6-15
5-17
5-17
7- 1
6-10
6- 1
6- 2
6- 1
(quar.)—
American
Extra
Tuckett
5-21
8-4
50c
6-
2c
Travelers
6-15
(quar.).
6-30
Top Tailors, Ltd. (quar.)
Packing Co., common (quar.)
Shipyards Corp.
Royalty Corp.
5-1
75c
70c
ccm.
6-30
Tobin
Toklan
6-1
9-1
87y2c
(quar.)
6-15
Axle
preferred
Co.,
$1
Co.
Associated
Baldwin
(quar.)
$1.12%
(quar.)
5-7
5-20
6-10
Extra
4
Chain
Co.
$1.06 v*
—
6-5
6-10
7-1
1
$1
Monthly
Insurance
6-23
1st
77o
5-15
(increased)
Board
Box
American
$1.06 yi
(quar.)
6-10
25c
1
(quar.)
pfd.
5-14
6- 7*
5-21*
$25c
$25c
15c "
Beverage, 6 7o preferred
prior preferred (quar.)
$4
(quar.)
Stores, 4>/2%
Detroit
New
20c
6%
Ltd.—
American
75c
common
preferred
Tim ken
Automobile
6-10
7-
•
Drug
4Vi%
Arch
American
1
7-
Co
preferred
Thrifty
American
5-19
7-
20c.
Carbon
Steel
Extra
5-29
6-10
$1.06y4
preferred
(quar.)
Company (quar.)
Thcramatic
Thomas
6-10
$1.02%
(quar.)
6- 1
6-30
6- 5
$50c
50c
93%c
(quar.).
6-30
Associated
5-25
81 Vic
(quar.)
common
(s-a)
3Va% preferred
35c
coin
6-11
Holding Corp.
50c
(quar.)
Co.
Transmission
$4.10 preferred
6-18
25c
Co
Products
Tennessee
Tennessee
6-18
5-26
5-26
6- 1
6- 1
6-14
5-25
$1
40c
—
(quar.)
$1
Tecumseh
$1
Industries,
Inc
Amalgamated Leather Cos.—
6 7c convertible preferred (quar.)
25c
Extra
25c
(quar.)
35c
(quar.)
9-15
6-26
6-26
6-30
6-15
7- 1
6-11
$4
Aluminum
6-15
10- 1
,
$4
40c
75c
——
of Canada,
preferred
preferred
Sylvania Electric Products com
$4 preferred (quar.)
Cos.
$2.50
(initial)
common
(quar.)
Taylor
Instrument
25c
$13c
25c
America,
preferred
Aluminum
4 7o
new
of
6-10
$1
(quar.)
Atlantic
Cement
Ltd.,
Co.
6-
6-30
6-11
6- 1
6- 1
4-30
Allis-Chahners
3V\,7c
6-15
10c
$1.03
6-10
50c
Corp., 4% preferred (quar.)
Mfg., common
(quar.)
convertible preferred (quar.)
6-21
37j/2C
on
6-15
6-15
6- 1
Co.—
Stores
1
June 11 at $104 plus dividend)_
Dry Goods Corp., com. (quar.)
preferred (quar.)
2nd preferred
(quar.)
tion
6-21
Extra
15c
Extirn
Siratton
1
7-
8
6- 1
6-12
6-30
Ordinary
(increased)
i
participating preferred (increased)—
Allegheny-Ludlum Steel Corp., common
$4.50
preferred
(initial)
Allied Laboratories, Inc. (quar.)
Allied
Mills, Inc.
25c
Extra
Glass
RR.
6-21
!$1.75
8
Associates
6%
37%c
class
Southern
5-17
1
6-10
5-21
5-14
5-22
6-15
-
(quar.)
Corp.
Great
6-18
7-
6-
20c
.—
5-10
6-19
$50c
•
1
7-23
6-10
25c
6- 1
(quar.)
5-15
6-
Refining, common (quar.)_
preferred (being called for redemp¬
Oil
6- 4
__
e-iT
6-
4y2 %
(quar.)
com.
1
47%C
Corp.
Mills
Roller Bearing,
convertible
preferred
20c
—
Stonecutter
&
6-17
6-38
6-30
20c
6-
55c
B
preferred
Ball
1-21
6-30
6-30
6-15
(quar.)
Corp.—
10-22
1-31-49
*5c
Ashland
Castings
7-23
11- 1
.
2
J25c
$2.50
25c
$1.40
Class
Mfg. Co.
Aluminum
5-20
8-
m
Ltd
Extra
5-20
6-10
6- 4
$1
6- 1
$3
4V2%
6-15
7- 2
6-15
(quar.)
6-23
20c
prior preferred
Corp.,
7- 3~
25C
Corp. (quar.)
Co. (111.) —
Corp.
6-33
5314 c
(quar.)
Equipment,
Artloom
1*
7- 3
$1.50
(quar.)
$$1.25
$25c
7%c
(quar.)
(quar.)
Co.
(J. D.)
Aetna
6-1
6-1
7-1
7-1
1*
7-
3QC
common
preferred
Aro
1*
6-
7-15
$1.50
Steel
Cork
6-
6-15
$2.25
,.
Farms Co., $3 partic. pfd. (quar.)„
Argo Oil Corp. (quar.)
Argus Corp., Ltd., common (quar.)
4y2% convertible preference (quar.)
Arkansas-Missouri Power (quar.)
4V4%
(quar.)
common
T
Arden
2Vic
preference
r
(s-a)
Ltd.—
Resumed
(quar.)
preferred
preferred
5-10
6-15
25c
6%
$3.75
5-29;
1
$1
(quar,)
common
Archer-Daniels-Midland
Armstrong
1
$1.50
(s-a)
convertible
1
76-
tl5c
preferred
$6
7-
75c
Development,
6%
&
4
121/aC
_
$1.50
Apex Smelting Co.
(quar.)
Applied Arts Corp.
;
Arcade Cotton Mills, common
Common (quar.)
Common (quar.) v,
Armour
6-
4
$1.75
Oil,
Mfg.,
preferred
prior
5-28
75c
(s-a)
(quar.)
Electrical
Asbestos
$62%c
$37 %c
Works, Ltd., $1 preferred (s-a).
Steel
1
class A
Corp.
preferred
7-
(quar.)
Milling Co. (quar.)— j.
Finance
partic.
6-21.
6-
53y8C
preferred
(quar.)
preferred (quar.)
preferred
Class A
(quar;)
Anglo-Newfoundland
12 Vic
A
$0.2521
Holdert
Payable of Rec.
Share
Paper Co., Ltd.—
preferred
(quar.)
preferred
(quar.)
Acme Electric Corp.,
Extra
Acme
37%c
When
&
prior
Class
Pennsylvania
&
Power
Acadia-Atlantic Sugar Refineries,
5%
preferred
(quar.):
6-17
6-
15c
(quar.)
include divi¬
given in the
Per
Name of Company
6-15
preferred (quar.)
Anglo-Canadian Telephone Co.—
$4
1
1
7-15
4'A %
preceding table.
8
10c
com.
6-8
6-8
give the dividends announced in previous
we
6-10
$15c
Corp.
7-
25c
prior
Anderson-Prichard
5-21
$1.25
com...
6-18
Paper Mills, Ltd.—
Factors
Loan
Extra
35c
6-18
Company—
Stewart-Warner
U. S.
7- 1
25c
Extra
77c
7%
weeks and not yet paid. The list does not
dends announced this week, these being
Standard Wholesale Phosphate & Acid Works
U. S.
6-18
6-18
6-18
5-20
6%
Armco
5-23
preferred
Standard
f=
Apex
$1.06V\
Corp., common (s-a)_;
4V2 % preferred (quar.)
6-15
Sprague Electric Co. (quar.)
Springfield Fire & Marine Insurance
U. S.
6-30
York
—
,
7-15
7- 1
7- 1
preferred (quar.)
Woolf
Yale
pfd.
7-
$2.25
Anheuser-Busch, Inc.
6-15
$1.12%
preferred (initial)
Pipe Lines
Edison Co.—
Original preferred (quar.)
4.32%
preferred Southland Royalty Co.
(irreg.)
Southwestern §tates Telephone Co. (s-a)—,
Union
6-4
6-10
6-15
7-
75c
5-26
(quar.)
West
Union
6-4
30c
5-23
25c
convertible
5%%
t
7-1
7- 1
6-24
6-25
25c
6-12
Southern. California
Twin
6-1
—
Newspaper Machinery 5%
6- 4*
(quar.).—
Amoskeag Co., common (s-a)
$4.50 preferred (g.a.1
Ampco Metal, 6% preferred (s-a)
Anchor Post? Products
6%
prior preferred (quar.)
6% prior preferred (quar.).
40c
1
2
(quar.)
6-8
(Mass.).
6-11
South Carolina Electric & Gas—
Twin
Inc.
7-
(quar.)
prior
preferred
$1.25
40c
.
6-
$1.75
Co., common
7- 1
com
Co.
Co.
50c
quar.)
1
$1.25
(quar.)
5%
convertible
7%
7-
(s-a)
Co.,
25c
Wood
Steel
preferred
7- 1
&
(Alan)
Co.
7- 1
'J
...
Oil—
River
Surety
$1.50
.4
*
_.
(mcreased
Co.,
$4
6-15
35c
American Telephone & Telegraph
American Thermos Bottle CO.
4'A %
7- 1
50c
(quar.)
Refining Co.—
(quar.)
40c
pfd.. (quar.)
8
20c
5-15
1
$1,816
Co.
6-15
6-19
6-10
6-15
(quar.)
(quar.)
iWm.)
7%
4
5-21'
5-14
Foundries
Sugar
preferred
6-
1
5-31
'
Co.—
(participating)
50c
Stores
Water
Co.
Preferred
5
,6- 1
$1.50
$1,12%
50c
(quar.)
Soramers Drug Stores Co., common
50c convertible preferred
(quar.)
•*
6-15
6-15
Service—
5-20
preferred
.,7%
6-
7- 1
7- 1
Co.-—
6-
(quar.)
(initial)-
Co.
(Howard)
Todd
RR.
5-31
(quar.)
A
convertible preferred
7%
6-15
$1.25
1
Co.
Pattern
Common
Tip
10c
6-18
Angeles)
(Los
Co.
Bottling
Simplicity
&
6-10
50c
6-15
12y2c
Royalties Co.,
Class
B
(quar.)
Silknit, Ltd. (initial)
Texas
Woolen
6-21
....
60c
Signal
$4.25
American
7- 1
15c
$20c
Extra
6%
Thread
Tobacco
6-15
7-15
6-10
25c
Seven-Up
State
American
American
$1,50
(quar.).
i2y2c
Seiberling Rubber Co.—
5%
class A preferred (quar.)
4%% prior preferred (quar.)
Selby Shoe Co.
Servel, Inc. $4.50 pfd. (quar.)
American
6- 3
6-18
6- 3
5-25
6-30
6-18
6-30
7- 1
50c
Hirsch, Inc. 7% pfd. (quar.)
Wisconsin Michigan Power Co.—
4J/2% pfd. (quar.)
—
6-15
7-
75c
Stores, Inc. com. (quar.)
$6 preferred
(quar.)
$4.25 preferred
(quar.)_
1
7-15
29 %c
Extra
1
Wieboldt
50c
Inc
American
25c
(quar.).i
pfd.
Motor
6-10
6-15
Refrigerator
Co
Seeman Brothers, Inc.
(quar.)
10- 9
5c
(s-a)
Water
Steel
prior
1
121'2c
—
10-20
■
7-
25c
(quar.)
Stores
Co., Inc
Seashore
Department
15c
(quar.)..
Co
Lines,
Co..
preferred
25c
Co., Inc.
American
50c
pfd.
—
White
quar.)
$6
Co., $6
Weyenberg Shoe Mfg—
Weyerhaeuser Timber Co.—
6-11
6-15
7-10
$20c
Power,
guaranteed
Virginia
$4.50
6-21
$$1.75
7-20
!
Snowdrift
&
5-20
1
Seeger
75c
Jersey
6-19
6-30
Steel
35c
-.i..—
1
$1.25
American
(quar.)
Corp.
(increased)
&
&
6-19
7-
U7»/2C
Water
Seatrain
South
Oil
6-
37y2C
Service
Public
Lace
4%
7-
Lighting—
&
(initial
Scranton
6%
Wesson
Co.
50c
common
Inc. (quar.)
Works com. (quar.)
4%%
preferred A (quar.)
Sarnia Bridge Co., Ltd.
(quar.)
Savage Arms Corp.
Scott & Williams, Inc
Smith
4
Water
50c
—
Bros.,
Smith
6-11
25c
San Jose
Sloan
6-
6-18
9-10
Ltd........
Pump
40c
—•
■
Louis
Sanger
6-19
Washington
50c
Heating
com.
Extra "■
'St.
7-
$62 Vic-
(quar.)
St. Helen's Pulp & Paper
J."*-*
Wayne
$50c
Manufacturing
Car
•:f New
Waterous,
6-18
Service
6-16
6-10
I
Co
Extra
(quar.)..———•—Ltd.. common (quar.) —
(quar.) _—
i
preferred
77c
.Safety
9-10
10c
Industries,
Russell
6-17
1
Ltd.—
Company,
C.)
preferred
5%
8
7-
Company
(P.
Russell
7-
9-20
American
7- 1
6-19
9-20
6-24
25c
$1.75
Razor
30c
Holdert
Payable of Rec»
20c
(quar.)
Safety
30c
Wagner Electric Corp. (quar.)
Waldorf System, IxxC.
(quar.)
Washington Oil.Co. (quar.)———
1
4
60c
Bros., Inc. (quar.) ___—u——.
& Tool Co.
(increased quar.)
Russell
1
6-
6-
$1.25
Gear
Ross
„6-
Iron
i.
7%v;:preferred
$1.50
••
...
Share
1948
Sanitary-
Common
35c
(quar.)..
&
I Name of Company
American Radiator & Standard
6-10
6-21
(quar.)
50c
(quar.)
preferred
$2.50
Roos
.
1
Mold
Vulcan
7- 2
7- 2
When
Per
r; V!
American
;
50c
(s-a)
& Co.,
L.l
(P.
Robertson
2
6-11
$25c
+$1.25
Common
preferred
6- 1
Corp.—
participating preferred
(accum.)
Detinning Co., common
Vulcan
6-15
(quar.)
Chemical
Monday, May 31,
Holdert
Payable of Rec.
50c
(quar.)
25c
—
Co.
Co.
preferred
Virginia-Carolina
1
7-
93 %c
pfd. (quar.)
(quar.)
Co., Inc., common (quar.)
preferred (quar.).
Raisin Paper Co.
Ritter
4
6-15
1
When
Share
(quar.)
common
7-15
50 c
Petroleum
Ltd.,
5%
6-
6%
3%%■'. preferred (quar.)
Reading Company, 4% 2nd
Republic
Viau,
6-15
(quar.)
common
6-21
7-
10c
(quar.)
Purina
6-11
1
Inc.
$1.25
common
Radio-Keith-Orpheum
6-23
of Company
Veeder-Root,
$1.75
Puget Sound Power & Light Co.—
$5 prior* preference (quar.)
Products,
Name
6-11
$1.75
original preferred (quar.)
1st preferred
(quar.)
Purolator
6-23
50c
—
CHRONICLE
Per
Payable of Rec.
Share
(quar.)
Corp., common voting
non-voting
(quar.)
FINANCIAL
&
Holders
When
,
COMMERCIAL
*
50c
$1.50
J
15C
1
t-ii
6-1
5.-17
1
6-18
7-
■t.
;'■>•
.>'*»":
Volume 167
Number 4703
THE
Per
Name of Company
,,
Share
& Son, 5%' preferred (quar.)
Birmingham Gas Co.—
Bird
(quar.)
& Decker Mfg. (quar.)
6-
$1.50
6-15
6-
6-
50c
50c
yi; $4.20
&
Light,
(quar.)—
Black Sivalls & Bryson, Inc.—
4'A% preferred (quar.)
Blaw-Knox Co.
I Class
3.67c
Central
Central Steel
5-20
5-31
6-14
5-17
6-30
6-25
$1.50
15c
(quar.)
.
B
6-
1
7-
1
62'Ac
7-30
4(4%
7-15
Book-of-the-Month
Club
7-15
5-14
1
6-16
Charleston
Chateau Gai
25c
(quar.)
Borden
Company (quar.)
Scryms'er Co.__
Mfg.. Co.—
Borne
Boss
Boston
&
Albany
Boston
Ground
Real
Boston
Wharf
Qc/o
(E.
5-28
—
$1
5-25
5-13
$2.50
Sons
Brager-Eisenberg,
1
6-
8
(quar.)
30c
6-
1
5-20
(quar.)
25c
6-
1
5-21
75C
7-
1
6-12
50C
6-
1
5-24
6-
2
4-
(quar.)
Brazilian Traction Light & Power Co., Ltd.—
Bright
(T.
G.)
America
&
Co.,
Briggs & Stratton
(quar.)
62'Ac
6-10
5-25
$25c
(interim)
7-15
6-30
6-15
6-
1
15C
(interim)
(quar.)
British-American Oil Co., Ltd., com. (quar.)
3%%
common
preferred
6-15
6-
40c
6-
5-17
93 %C
2
1
6%
preferred
(initial
Brooklyn Telegraph
Brown-McLaren
Brown
quar.)
& Messenger Co.
Mfg.
Shoe
Co.
Co.,
preferred
(quar.)
Creek
Oil
Buffalo
$5
Co.,
common
Hill
preferred
(quar.)
Mining
(quar.).
Corp.,
preferred
&
Co.,
7%
California
Electric
Clark
Controller
6-15
6-
1
Clark
7-
6-21
5%
Equipment Co., common
preferred (quar.)
6-15
6-15
5-17
4-17
$4.50
1
5-18
Cleveland
Ink
California
Pacific
Common
Clearing
Electric
6-15
$4.50
6-10
5-27
Cleveland
6-
1
5-14
6-
2
5-13
(quar.)
Graphite Bronze,
5
1
5-
5
1-"
Industries,
Monthly
Monthly
$1 12'A
5-31
6-
1
5-18
5-
5
$1.75
(quar.)
6-15
6-
1
6-15
5-15
IOC
(quar.)
6-
6-15
5-21
15c
(quar.)
6-16
15c
(quar.)_
6-
5-14
1
2
A
Class
A
(quar.)
Malting Co.,
West
Class
Class
4'A %
9
Collins
6-
1
Colonial Life
6-15
6-
1
Colonial
6-
1
5-20
4%
7-
1
6-15
5%
&
Ltd.
Land
(quar.)
Co.
(s-a)
Inc.,
(quar.)
Cable
Co.,
Aikman
Corp.
Stores,
Inc.,
preferred
of
(quar.)
common
(quar.)_.
_
6-
1
5-10
6-15
5-28
Columbian
$$1
1
1
7-
2
1
5-15
6-
1
5-15
6-15
6-15
$50c
$32'Ac
7
5-31
5-31
2
5-31
6-21
(quar.)
com.
.
(quar.)
47c preferred (quar.)
Commonwealth Telephone
$5
Nast
6-
1
5-14
7-
1
5-28
Confederation
7-
1
5-28
$$1.12'A
7-
1
5-28
$20c
7-
1
6-15
Connecticut
+50C
6-
1
5-
1
Connecticut
6-
1
5-
1
Connecticut
Products, Ltd. (quar.)
Cahadian Tire Corp., Ltd. (increased
quar.)
Canadian Western
Natural
Co
Gas,
partic.
preferred
1
5-14
$2c
6-
6-10
5-19
6-15
5-25
9-15
8-25
12-15
11-25
(s-a)
Power
River
Co.
preferred (quar.)
Carman & Co., 4(4% preferred
(quar.)
Carpenter Paper Co., common
Carrier Corp., 4% preferred (quar.)
parson, Pirie, Scott & Co.—
4.(4 % preferred (quar.)
Cascades Plywood Corp., common
(quar.)
# 3(4% preferred (quar.)—
Cassidy's, Ltd., 7% preferred
Food
Products, Ltd.,
preferred (s-a)
Caterpillar Tractor
Burlap Co.
57c
6-
1
7-
1
6-19
58%C
7-
1
6-19
7-
2
6-
2
5-31
5-
3
$$1.75
__
$50c
$38c
75C
Central Arizona Light & Power Co.—
Common
(quar.)
$1.10
preferred
(quar.)
(quar.)
preferred
5-31
5-31
5-15
5-
3
5-15
Power
Continental
$3.75
N.
50c
(quar.)
class A
(quar.).
Can
preferred
5-14
8-
7-
6-15
2
9
5-26
6-
1
5-15
25c
€- 1
5-21
12c
66-
1
1
Co.,
common
414%
preferred
7
Cook
Paint
&
prior
preference
Varnish,
Inc.
Co.
Supply
(N. Y.),
common
8
6-
1
5-
8
6-
1
5-22
6-15
6-
$1
(quar.)
5-
25C
(quar.)
1
15c
(quar.)
6-11
6-
35C
(quar.)
6-25
25C
(quar.)
6-10
6-21
5-28
6-
1
5-15
6-
1
35C
(reduced).
18c
5-27
1
5-14
1
1
Union
Stock
Yards
(quar.)
(increased)
(quar.)
Harvester Co.
12-23
60c
6-
50c
6-15
6-
12'Ac
6-15
6- 1'
7-
6-18
(s-a)
$2
non-cum.
non-cum.
preferred
(quar.)
1
5-15
6
50c
8-16
50c
11-15
lc
1
6-15
Cement
Motor
Car
75c
12 'Ac
6-15
5-28
-
(accum.)
Dobbs
Houses,
5-21
$2.62 V!
(quar.)
7-
10-
1
9-11
6-
4
5-20
Inc.
Anglo
1
6-12
$ 15c
6-15
5-25
25c
(quar.)
6-25
6-10
7-
1
6-10
62'Ac
(increased)
15C
6-
1
15c
6-
1
5-20
(quar.)
15c
6-10
5-29
Dr.. Pepper Company
Doernbecher Mfg. Co.
&
5-21
2
$2.62 'A
'
(quar.)
Common
2
6-
75c
Corp.-Seagrams, Ltd.
Dominion
6-
$1
(quar.)
common
Investment
Corp.,
5-15
Ltd.—
(increased)
$$4
6-151
:t$3
6-15
5-31
6-
1
5-15
$12'Ac
7-13
6-30
$44c
7-15
6-30
$25c
8-
1
7-
$$1.25
5%
preferred
(quar.)
Dominion Dairies, Ltd., com.
(initial)
5%
non-cum.
preferred
(quar.)
Dominion Malting
8-
1
7- 9
$$1.25
:
5-31
Co., Ltd.
Common
(quar.)
5%
preferred
(quar.)
Dominion-Scottish Investments,
5%
preferred
Stores,
Tar
$1
c
nrefprred
Dominion
7%
(quar.)
(quar.)
Co., Ltd.,
common
(quar.)
preferred
(quar.)
Brothers, Ltd.
Donohue
Dover &
Dow
Rockaway RR.
Chemical
Co.,
preferred
$4
A
$3.25
2nd
Drug
Dravo
(quar.)
Dun
1st
du
common
(E.
I.)
preferred
Eagle
East
&
Picher
Leduc
East St.
Co.,
preferred
preferred
6-11
7-
1
7-15
7-
1
6-
1
5-21
50c
7-
1
1
6-19
37'Ac
6-15
6-
1
6-15
6-
1
6-10
5-20
7-
6-16
1
6-10
5-29
6-30
6-15
;
25C
7-31
7-19
6-14
5-24
$1.12'A
7-24
7-
9
87'Ac
7-24
7-
9
$1.25
7-15
6-15
20c
6-15
5-25
45c
dividend)
&
Co.—
5%
1st
pfd.
(quar.)___
(quar.)
(quar.)
Ltd. (initial)
6-10
5-21
$ 1 'Ac
7-
2
6-
$1.50
6-
1
5-11
2
Louis & Interurban Water Co.—
7%
7-
7-15
25c
Chemicals, Inc.
Co.
Oil
5-15
9-30
7-
$62 'AC
(quar.).
Plastics
1
Ltd.—
(quar.).
preferred
Durez
1
7-15
;
Nemours
$4.50
Lighting,
610-
$1.12'4
(interim)
$3.50
Duquesne
4
6-15
$2
(cash
de
6-
30c
(quar.)
(s-a)
Corporation
Pont
Common
2
7-15
9334c
(quar.)
preference
1
7-
$15C
15c
(quar.)
Duncan Electric Mfg. Co._<
Dunlop Tire & Rubber Goods,
5%
2
6-
$1
preferred
Duplan
7-
2
81'Ac
(quar.)
Corporation, 4% preferred (quar.)
Industries, Inc., common (quar.)__
4'4%
2
7-
S3
(quar.)
& Bradstreet,
2
8-
25c
(quar.)
preferred
7-
$25c
(s-a)
Dresser
3% %
15-18
5-18
2
$$1.75
common
preferred
Co.
1
8-
$37'Ac
common
(auar.)
Textile
6-
6-15
$25c
$25c
(quar.)
Chemical,
t
v
$$1.25
$25c
Ltd.
&
9
Ltd.—
(accum.)
Dominion
1
(quar.)
(quar.)
$1.75
6-
1
5-11
#1.50
6-18
6- 1
#1.50
Massachusetts Street Ry.—
preferred A (quar.)
1st preferred A
(quar.)
1st
6%
preferred
6-
1
5-20
30c
6-30
6-15
5-25*
7-
6-15*
1
6-15
$6
States
9-15
0- 1
$2
on
July
5-14
6-10
5-28
Eastman
7-
6-15
6-
7
6-
1
6-
1
5-14
6-
1
5-14
6- 1
5-15
75C
$15C
A
(accum.)
__
8-
2
7-1B
$1.40
7-
1
6-
4
$1.20
pfd.
(accum.)
Steamship Lines—
preferred (being called
1
6-15
B
$1.50
$7
7-
1
6-
4
50c
7-
1
$15c
6-
1
35c
7-
1
$1.50
7-
1
Eastern
6-
6-28
(accum.)
Corp.,
preferred
Eastern
1
B
6%
1
Steel
at
preferred
for
redemption
dividend)
$52.50 .plus
Products,
Kodak
Co.,
Ltd.
(quar.)
common
(quar.)
Eddy Paper Corp.^ (irreg.)
Eddy Paper Co., Ltd., class A (quar.)
Edgewater Steel Co. (monthly)
Edison
4'A%
Bros.
1
25c
(accum.)
Co.,
8-10
6-
6-12
preferred
A
1
6-10
6-26
preferred
Cup
9-
15c
convertible
Class
5-14
25c
convertible
Distillers
1
5-18
-
(quar.)
6%
& Sons
1
6-
6-1
Productions—
(Henry)
5
6-
(quar.)
Co.
Corp. (quar.)
Corp.,
common
preferred (quar.)
Dixie
6-10
8-
11- 8
6-19
50c
)T
1
'
Stores
(Walt)
35c
37 Vic
:
Match, common (quar.)
participating preferred (s-a)
6%
25c
-
5-18
Eastern
25c
(quar.)
1
7-
5-29
$1.13
(quar.)
Co., Ltd., class A
6-
12-23
25c
(quar.)
45C
$1.75
5-20
75c
common
6-10
10-
40c
(quar.)
6-30
1
4-28
933Ac
(quar.)
1
25c
1
5-31
25c
(interim)
(quar.)
5-
7-
6-15
$1
(quar.)__
1
(quar.)
Hudson
6%
5-14
6-
10-
Eastern
(Chicago).
5-
$3
7-15
(1.12'A
Casualty (Chicago)
Continental-Diamond Fibre
Cooksville
2
6-15
.
1
$17'AC
6-23
$1.75
$50c
(quar.)_-
1
5
8-
40c
5-
$1.75
6%
6-
5-14
7-15
1
(quar.)
(quar.)
62'Ac
(quar.)
(quar.)
27'Ac
6-
9-20
2
25c
r__
Oil Co.
(Del.)
Continental Steel Corp.,
1
1
8-
Co.
7
6-
10-
of America
5-
6-15
6-1B
12'AC
(quar.)
preferred
Ltd. (quar.)
1
15c
5-15
37%c
$50c
6-
$1.25
1
$1.25
com.
;
15c
.
6-
Mills, Ltd.—
Assurance
Gin,
(quar.)
Y., Inc.,
Continental
Continental
4
37'AC
of
$2.50
preferred
Continental
5
6-
10c
class A
Continental
•
(quar.;
Glass,
25c
(s-a)_
(quar.)
Co.,
$1.12'A
(quar.)
common
Consumers
Consumers
Consumers
$4.50
5-
1
Industries—
Utilities
Gas
Container Corp.
4%
preferred
6-~l
1
7-
5 6'Ac
(quar.)
5-18
1
6-15
6-
6-19
5%
preferred (s-a)
Consolidated Theaters,
6-30
6-15
6-
(quar.)
Dow
6-19
6-17
6-
5-11
1
1
-v7-15
7-15
6-
5-10
$37'AC
preferred
4%
3
1
Textile
6-10
6-
1
Laundries Corp.
Paper Co
50C
6-15
7-
Consolidated
5flc
.__
5-28
7-
Consolidated
1
5-25
6-
1
1
6-15
10c
5-20
6-
5-15
10c
5-20
6-
1
6-15
$1.50
1
$20c
6-
75c
(quar.)
1
$1.06%
$1.06(4
5-20
5-17'
6-10
1
50C
6%
5-20
1
(quar.)
participating preferred
Consolidated
1
6-
common
Inc.,
preferred
preferred
6-
5-28'
6-
(quar.)
Properties Co.
Common
Power Co.—
6-
$10c
6-11
1
$2c
(quar.)
6-
6-
7-
$1.50
37'AC
(quar.)
$30c
6-30
5-31
$$3 '
(quar.)
Power
Consolidated
$37'Ac
6-15
25C
(s-a)
&
Class
B
(quar.)
Consolidated Edison Co.
$5
6-10
40c
Ltd.
Light
preferred (quar.)
Consolidated Chemical
$1
6-25
50c
40c
$$1.25
5-14
Ltd.—
Inc.
Mines,
preferred,
40c
5-21
12 %c
(quar.)
Amusements,
Congoleum-Nairn,
Coniaurum
Ltd.—
!V4%
&
Corp.
(quar.)
$25c
i
Foundry,
Mills
6%
5-21
4
$1
(quar.)
(quar.)
Publications
Cone
Connohio,
4
6-
6-10
$1.25
Conde
6-15
6-
50c
6-11
€-30
40C
Products
Dominion
Compo Shoe Machinery Corp.
8%
■
Co.—
(quar.)
Public Service
Community
6-11
5-15
5-28
preferred
preferred
—
preferred
4
6-30
1
30c
4
7-15
6-
4
5-17
15C
(quar.)
Extra
<Ky.)
.
6-
7-31
5-10
6-
1
6-11
$2
common
Floor
Monte
Disney
5-15
1
50c
)
6-
$15c
_
Silk
Lumber
Co.
(Subject to SEC approval)
Commonwealth Title Co. (Phila.)
5-21
6-25
6-1
6-
.
15c
2
$$1.75
5-20
37'Ac
_
Insurance
2
$15c
|; Quarterly
Bag
Life
7-
$$1.50
5-20
25c
(quar.)
7-
$15c
;
Central
Co.
$55C
$17'AC
1
>6-1
12'Ac
Commonwealth
$50c
Ltd.,
5-20
6?.
50c
Carbon
Co.,
preferred
Diana
Corp.—
B
$25c
B
Central
Iron
6-15
6-
Canadian Motor Lamp Co., Ltd.—
5%
&
5-15
5-
Fuel
Quarterly
$25c
7%
preferred
(quar.)
Canadian Ingersoll-Rand Co.
(quar.)
Canadian
International
Investment
Trust,
J Ltd., 5% preferred (accum.)
Canadian Malarttc Gold
Mines, Ltd. (s-a)__
Catelli
6-15
6-
6-1
50c
33 'Ac
convertible
$18%C
(quar.)
Machine Co., Ltd.—
Class A (quar.)
Canadian Industrial Alcohol,
Ltd., class A__
y
1
50c
2
1
6-
Co
Portland
6-20
6-
7-
30c
Dictaphone
5-21
1
9
45C
5%
$30c
(quar.)
Western
1
7-
75c
$1.75
5-18
&
Disston
6-
,
.
h-
-
6-
$$1
Canadian Industries,
_
(quar.)
(initial)
6-19
$25c
Extra
6-
(quar.)_
(quar.)_
5-18
T
5-28
$1
5-15
1
6%
1
25c
1
1
Diamond
6-15
America,.
5'
6-
6-
Diamond
5-28
6-12
11-
12'Ac
Diamond
1
11-
6-30
(quar.).
Insurance Co.
Common
(quar.)
preference
Canadian
5-
1
53 '/eC
preferred
(quar.).
Colorado Milling & Elevator
(quar.)_.
Columbia Broadcasting, class A
Ltd.—
A
Canadian
1
4
87'Ac
(quar.)
5-21
$$2
Quarterly
Quarterly
6-
6-
(quar.)
preferred
(quar.)
Mortgage & Realty (quar.)
Dewey & Almy Chemical Co. (quar.)
Diamond Alkali Co.
(quar.)
6-11
12-
11-15
6-18
6-
5%
6-11
35c
5-26
$15c
(quar.)
t
.
1
1
933Ac
5%
6-11
7-
A
Detroit
6-11
1
$25®
common
6-91
$50c
(liquidating).
4(4%
Canadian Ice
:
1
1
$3
Co.
preferred
Class
Fairbanks-Morse, Ltd. (quar.)
Canadian Food Products, common
(quar.)
Class
7-
'
1
Detroit-Michigan Stove
5-25
7-
6-18
Detroit Hillsdale & South Western RR.
6-16
7-
6-10
Ltd.—
Canadian
X
6-10
9-17
7-
Derby Oil Co. (Kansas)
5-16
$1
tlOc
B
Class
1
I-:r
8-30
933Ac
Detroit
5-10
6-
7-
$1.25
(quar.)
&
5-10
7-
$1.75
(quaf;)_
(quar.)
7 %
5-10
1
20c
•,
pieferred
6-
$$1.12'A
preferred
1
6-10
pfd.
7%
1
6-
6-14
7%
1
6-
6-
+20c
Breweries, Ltd. (quar.)
Canadian Chemical Co., Ltd.,
pfd. (quar.)__
Canadian Cottons, Ltd., common
(quar.)
6%
6-
6-11
6-10
6-30
A
Dentists
6-10
6-11
6-30
$2
B
Del
Inc.
preferred
$3.50
Colorado
Canadian
.
1
7-
5- »
15c
Door
Inc. (quar.)
Rock Oil Corp.
Delaware
3
40c
5-13
'
$1.25
preferred
(quar.)
Inc.
Fund,
3
6-
5-13
1
2
(quar.)
B
Denver
(1.12%
Colgate-Palmolive-Peet Co.
6-19
$37'AC
Vinegars. Ltd.
A
6-
1
66-
IOC
preferred
Coke
&
6-
$1
Industries—
Delaware
1
$25c
Co.,
6-15
Permanent Mortgage Corp. (Toronto)
&
6-15
50c
50c
A
Wire
$1.12'A
1
$1.05
$$1.50
.......
preferred
7 7c
5-15
6-15
Semi-annual
Coleman
34% C
(quar.)
Quarterly
Canada
6-
25c
6-14
preferred
Deep
5-27
40c
_
5-1*
1
Walt,
Deere
5-27
6-15
common,
Plow
15C
preferred
Forgings,
Canada
6-15
(s-a)
Cockshutt
25C
(quar.)
Co., common
Crushed Stone, Ltd.
(quarj
Canada & Dominion Sugar, Ltd.
(quar.)
Canada Foundries &
v
50c
1
7-
33A7c
5-11
6-
6-
10c
Delaware
1
'30c
33A%
De
7
$1.25
$32%C
Canada
7-
$1.50
convertible
Canada North
2
6-
(s-a)
75c
Canada
Class
8-
5-21*
40C
Co., Ltd., class A (quar.)
(quar.)
Davison Chemical
Corp. (quar.)
Dayton Power & Light Co., common
7
6-14
Co.—
preferred
Canada
7-
$7.50
Class
60c
Utilities
Campbell Wyant & Cannon Foundry
Canada Cement Co., Ltd.—
v,r
2
6-10*
6-15
•
Leather
1
8-
5-14
7-1
Manufacturing
Coal
Davis
5-11
3GC
5-ir
5-29
'
1
$1.75
Metallic
Davis
6-10
1
1
"
6-
6-14
6-
6- 1
40c
Extra
1
6-30
35c
Co.,
6-
25c
$1.50
5-5
5-29
6-21
5-28
___
Darlington
8-14
62'AC
_
6-
5-
30C
(quar.)__.
1
5-31'
6-
6-10
50c
Publishing Co., $4 prior pfd.
Class
9-
(quar.)_.
com.
5-
6-15
5-10
$1.25
preferred
1
6-10
1
$125
preferred
(quar.)
Cleveland & Pittsburgh RR.—
6-
•6-
5-10
6-
6-14
6-15
4'Ac
5%
Dahistrom
5-15
5%
Clinton
5
1
5-14
5-10
$2.50
(s-a)
Cutler-Hammer,
7-20
6-
Curtis
Illuminating
5-
4
1
Corp.
convertible
;
5-14
1
28y8C
(quar.)
(Helene)
1
JIS,fc.
6-
Sugar
(quar.)
Sugar Co.
Atlantic
6-
93%C
(quar.)
Cushman's Sons, Inc., 7%
5-21
8-
20c
1
6-
5-
6-19
1
f
;
preferred
50c
5-24
7-
1
4%
guaranteed
(quar.)
7%
guaranteed
(quar.)
Clinchfield Coal Corp. (quar.)
1
1
6-15
(accum.)_
A
(quar.)
8% preferred
Forster,
■
>
I-:;'
;
Inc.:
preferred
Curtis
9
6-
(quar.)
class
(quar.)
American
Culver
6-15
6-14
$25C
(quar.)
preferred
7%
5-20
6-
1
$1.25
(quar.)
5- 4
fi-
6-
1
7-
$1.25
Machine Corp.
(quar.)
Cliffs Iron, common (quar.)
preferred
(quar.)
6-30
15C
(quar.)
Forge
6-
1
t lie
(s-a)
Power
Co.
6-
1
6-
7-15
6-15
"000
& Seal Co,
preferred
&
Cuban
1
$1
Cleveland
8-
$1.50
$35c
preferred
Mills
California
5'/z %
5-21
Co.
5%
Crum
6-10
6-
pfd.
$4 preferred (quar.)
Crows Nest Pass Coal (s-a).
Crucibld Steel Co. of America—
Cuban
6-15
6-
6-30
17 VaC
7%
6-30
30c
6-
1
5-28
35C
City Water Co. of Chattanooga—
5% preferred (quar.)
25c
6-15
6-15
50c
7-15
1
6-30
25C
(quar.)
Coca-Cola
preferred
Ltd.
Cotton
A
6-15
$2.50
City Auto Stamping Co. (increased)
City Ice & Fuel Co. (quar.)
City of New Castle Water, 6% pfd. (quar.)
City Stores Co., common (quar.)
Class
6-30
25c
Co
5-14
$1"
Products
California
5-14
5-15
$2.50
preferred
7-31
87'AC
(quar.)
4%%
Electric
5-20
6-15
6-
5-2*
6- I
k
6-10
$$1.25
6% prior pfd. (quar.).....
Crown Zellerbach
Corp., common
$4.20 preferred
(quar.)
5-20
1
25c
common
6-15
37'AC
(quar.)
—4
Butterfly Hosiery,
Camden
1
87'Ac
common
45c participating class A (quar.)
Burroughs Adding Machine (quar.)
Burton-Dixie
Corp.
(quar.)
£ 5%
7
6-
12'Ac
j.
:
6-
Concen¬
4% preferred (quar.)
Burrard Dry Docks, , Ltd.—
Brothers,
.
5-20
4
6-28
6-21 !V
6-10
$1.50
preferred
Corp.,
5-22,
5-22
30C
International, class A..(accum.)
$2
preferred
Crown Overall,
Co.—
5-31
5-21
6-
Cork
'
62 VaC
5%
V
5-21
6-10
50C
(quar.)
Corp
convertible
Capital
Crown
Crown Cork
4
$2
RR.
414%
4
$1
Cities
—
6-
3%%
Petroleum
Crown
;;
5-27
6-
50
______
6-10
Cribben & Sexton Co.—
5-20
6-25
$37
5-11
1
1
;
(quar.)
(quar.)
Co.,
6-10.
1
ioc
common
Petroleum Corp.,
Creole
5-24
6-10
$1.75
5-15
1
l
30c
(quar.)
Inter-Terminal
Service
66-
:
25c
1
6-
5-21
$3
(s-a)
1
6-
6-10
1
75C
(quar.)
6-
37'Ac
Butler Water
Cincinnati
50c
3'A% 2nd preferred
Cable
Co.
4%
preferred (s-a)
Cincinnati Milling Machine,
25C
common
Burlington Mills
Butler
Oil
6-
$1.25
1
6-
15c
$1.10
$1.25
Extra
t:
'
Cotton
preferred
20c
Sullivan
•
3'A%
3
2
7<;
75c
Chrysler Corporation
20c
(quar.)___
(quar.)
&
(quar.)
*
30C
pfd.
(quar.)
Ltd
trating Co.,
,,
6-
$1.25
Co.
Fund,
Bullock's, Inc.
Bunker
7-
IOC
Bolt
RR.
Chipman Knitting Mills, 5% preferred
Christiana Securities Co., common
4%
5-17
6-25
(quar.)
Cincinnati New Orleans & Texas Pacific
Ry.
5%
preferred (quar.)
5%
preferred (quar.)
12'AC
-
Bullock
Hill
90c
(s-a)
Budd Company,
Common
3
6-10
50c
Chicago Rivet & Machine Co. (quar.)
Chicago Rock Island & Pacific RR.—
5% preferred series A (initial s-a)
Chicago South Shore & South Bend RR.—
Quarterly
Chicago Yellow Cab Co.__
7%
5-29
6-10
6-25
6-
;
Corp
preferred
Corp,
Holder9
6-25
$2.50
(quar.)
Phosphate Co
Cosden
6-18
—
$30c
(quar.)
Buckeye Pipe Line Co
Buckeye Steel Castings, 6%
:
6-
2
30c
(quar.)
Brunswick-Balke-Collender
preferred
7-
25c
(irreg.)
common
(quar.)_^
Mills, Ltd. (quar.)—
Brunner Mfg. Co. (quar.)
$5
$25c
1
2'Ac
(quar.)
$3.60
Bruck Silk
Buck
7-
Inc.
preferred
Rubber
(quar.)
37'Ac
Store,
Brooklyn Borough Gas, 4.40% pfd. (quar.)__
Brown
Co.
1
$1.50
$40c
$1.50
Department
*
7-15
0.234375
Broadway
Mfg.
' Extra
Chickasha
9
25C
Ltd.
(quar.)
./TExtra
Bristol-Myers Co.,
(quar.)
Wines, Ltd
Extra
(quar.)
Inc.
Ordinary (s-a)
Brewing Corp of
pfd.
Chestnut
t$l
&
6%
Chicago Burlington & Quincy RR.__.
Chicago Corporation, $3 conv. pfd. (quar.)_
Chicago Mill & Lumber (quar.)
6-
5%
When
47
Payable of Rec„
75c
-
preferred
Cory
1
6-11
20c
5-20
6-15
6-
.—
?>.
Refrigeration
.
250
Corrugated Paper Box Co., Ltd., common—.
4
7-
$3.50
5-24
6-19
5%,
(quar.)
Co.
».
Coronet
4
6-
6-15
$1.12'A
5-29
$3
6-
50c
_
1
50c
.
10c
2
Rubber
&
6-14
$1.12'A
6-
(s-a)
6-10
6-14
Lumber
Copper
Range
Co.*.
Copperweld Steel Co.,
Crane
(quar.).
America
__
Hose
6-20
Share
Extra
5-20
15C
6-
1
Bay
Copeland
5-15
3
2%
$1
6-
1
6-
12'Ac
50c
6-30
6-
75c
(quar.).
(s-a)
$1
Coos
5-10
1
10c
(quar.)
Trust
Trust
Bearing Co
Bowser, Inc., $1.20 preferred
Boyertown Burial Casket Co.
J.)
6-30
of
Transit Co.,
Chesebrough
.
6-
Company
Corp., con^pon
$3 prior preferred (quar.)
6-18
90C
.___
5-11
Roller
Brach
1
6-15
Co
preferred
Bower
6-
$1
RR
Rent
Estate
Boston Woven
\
60c
—
.
Boston
7-
85c
Champion Paper & Fibre, common (irreg.)
$1.50
preferred
(quar.)
Chapman Valve Mfg., 7% pfd. (s-a)
Charis Corp.
1
6-
6-30
Name of
Cooper-Bessemer
Products
Co.
7-30
$2
&
i'
6-11
Corp.—
prior preference
Chamberlin
Bond
Investment Trust of America—
Units of beneficial interest (s-a)
$1
Power
(quar.)
Edison, Inc.—
Wire CO., 6% pfd.
States
7-1
Per
-v
Payable of Rec.
$1.12%
preferred
Certain-Teed
6-15
$1
(quar.)
Century Electric Co.,
Common
(cash dividend)
Common (stock dividend)
Century Ribbon Mills (quar.)
5-14
25c
Corp
pfd.
3.40% preferred (quar.)
Central Ohio Light & Power—
6-15
6-12
4(4%
(2403)
Holder*
Service
(quar.)_;
York
5-20
1
6-
Light,
Public
Central New
€-11
1
25C
Tobacco, 6% pfd. (quar.)
Blumenthal (Sidney) & Co. (quar.)
:
1
1
$1.06'A
Bloch Bros.
Co., class A
7-
Illinois
Illinois
4%'-preferred
1
6-11
6-30
6-
$1.05
—-—
____:
Bohn Aluminum & Brass
6-30
30c
—
5-14
1
$1.50
(quar.)
com.
preferred
Bon Ami
1
token
Share
Central
5-15
20c
(s-aj
Corp.
Black Hills Power
Name of Company
5-15
87'Ac
—
FINANCIAL CHRONICLE
Per
Central
Black-Clawson Co.
Blackhawk-Perry
1
6-
&
Holder«
Payable of Rec.
$1.25
$3.50 prior preferred (quar.)——i
Birmingham Water Works, 6% pfd. (quar.)_
Black
When
COMMERCIAL
Stores, common (quar.)
participating preferred (quar.)
$2
•
5-15
6-
5
6-
5
7-9/
6-28
$25c
6-15
5-17
21C
6-25
6-15
37'Ac
6-12
5-29
7-
6-19!
$1.06'A
1
'
M---'
:■
V"*f
>V,,V,
■;;
)
35c
Oil Works.Paso Electric (Texas),
El Dorado
El
:!
El Paso Natural Gas,
(quar.)_
(quar.)
common
—
(initial)
(interim)
Elgin National. Watch (quar.)
Ely & Walker Dry Goods (quar.)
guaranteed (quar.)
Empire District Electric, 5 %
i
•6-
1
25c
6-
1
5-26
50c
6-18
5-20
6-21
6-
15c
5
1
5-12*
7-
1
6-15
$1
1
6-
1
5-14
50C
8-13
11-15
6-28
6-18
1
6-18
Chemical
1
5-15
6-15
5-29
6-11
5-28
50c
6-
1
6-
1
5-15
Gulf
6-30
6-15
Gulf
8
Mfg.
10-
1
9-15
6-10
5-20
United
8-
1
7-15
6-
1
5-26
Hajoca Corp.
31J/4C
6-
1
5-17
Hale
8-16
8-12
Halliburton
4J/2%
7-
2
6-10
7-
2
6-10
6%
Intertype
1
5-20
7-
1
6-17
7-
1
6-
6-15
5-20
Investors
6-15
5-20
Iowa
6%
1
1
6-
1
5-
0-
1
7-31
6-
1
5-17
6-
1
5-14
6-
1
5-15
6-20
Iowa
6-10
Hallnor
Cotton
Co.,
Ltd.
Watch
Co.,
common
$1,121/2
75c
of Ogden (Utah)
67-
6-
1
Class
—
$1
6-10
6-
6-10
6-
1
York
Carpet Co.,
preferred
5-
1
5-17*
6-
1
5-17*
6-
1
*30c
7-
1
6-
25c
(s-a)
6-
1
5-21
Dredge & Dock Co
Florida
Power
Florida
Fair
6-
1
6-
1
Stores,
5J/2%
1
5 J/2%
6-20
6-
4
Harrison
6-
5-11
Harshaw
10c
convertible preferred (quar.)
Foreign Light & Power, 6% 1st pfd. (quar.)
Fort Pitt Bridge Works (quar.)
8IJ/4C
Corrugated Paper Co
1
6-
1
$2
6-
7-
1
6-20
25c
6-
1
5-17
25c
—
37VaC
6-
6-15
1
preferred
Hearn
6-30
Hecla
6-11
6-
Helene
7-26
6-30
—•
1
5-18
1
5-18
Hendry (C. J.) Co., 5%% pfd. (quar.)
Henkel-Clauss, $6 preferred (quar.)
Hercuies
6-11
9-10
30c
12-20
12-
3
10c
6-25
6-
1
Mills,
Corp.,
Outdoor
General
Paint
General
1
1
5-20
7-
1
7-
1
$1.50
6-
5-28
1
5-14
6-15
a
2
5-20
Hooker
6-12
5-25
(quar.)
Hoover Company com. (quar.)
4J/2% preferred (quar.)
7-
1
6-28
$1.25
7-
1
6-18
84% C
75c
—
6-
1
6-10
5-10*
5-13
8-
2
7-
6
8-
2
7-
6
25C
(Julius)
6-12
5-21
Horn &
5%
Hardart
preferred
$2.25
$1,061/4
Co.
(N.
Y.)
50c
6-10
6-
1
(quar.)"—
Georgia Power Co., $6~ preferred
$5 preferred
(quar.)_-——a—
$1.50
$1.25
6-15
7-
1
7-
1
6-15
6-10
5-25
15C
$1.12%
6-30
6-15
(initial)
,
(quar.)
5-26
^8- 2
7-1
6-15
6-
6-10
5-27
30C
6-19
6-
1
60c
(quar.)
5-30
25C
,
25c
$1.25
25C
preferred (s-a) —
6-19
6-
1
—
_
5
6-30
6-19
—
&
1
5-
7
5-
7
Imperial
.
$2c
37%C
......
Imperial
Oil
Co.,
Ltd.
6-
6-10
25C
5-15
6-
12 Vic
1
5-15
5
50c
6-12
$1.25
•6-30
!6-19
$1.25
9-30
9-20
6-
12-30
$1.25
12-20
1
5-20
6-
37 Vi C
1
5-15
Common
1
5-20
$1.50 convertible partic. preferred
1
6-
3
25c
6-
1
5-18
5-18
1
50c
6-
1
$1.12 Vi
7-
1
$1.183/4
6-
1
5-15
75c
(quar.)_
6-
5
5-15
6-
5
5-15
7-
1
25c
Corp
(James R.)
6-15
6-29
5-31
6-
5-20
30c
6-
5-20
$1.50
7-
6-24
$1.50
6-
5-25
t3c
Industries,
Oil
6-16
6V4c
Mines
Gold
Addison
common
convertible
$2.50
7-
12-30
$2.50
6-15
6-
50c
6-15
5-28
25c
Extra
Kimberly-Clark Corp., common
$2.50
6-15
5-28
35c
7-
1
6-11
$1
7-
1
6-11
7-
1
1
_
convertible
4%
(quar.)
preferred
2nd
(quar.)
1
6-11
SCc
6-15
5-31
25C
7-
Kingsport Press,
20c
6-30
6-
Kingston
10c
6-15
5-25
25c
6-25
6-10
preferred
$1.12'/2
(quar.)
(increased)
(quar.)
Inc. (quar.)
Products Corp.
(s-a)
Kinney (G. R.) Co., common
Kinney Mfg. Co., common
$6 non-cum. preferred (quar.)
Kleinert (I. B.) Rubber Co._
Knudsen Creamery Co.,
common
Kresge (S. S.) Co. (quar.)
Kress (S. H.) & Co. (quar.)
2nd preferred
7%
Lake
of
4
6-15
6-
1
6-15
6-
1
25c
6-11
5-24
J
2
10c
6-12
6-
50c
6-11
5-18
50C
:—
—
6-
1
5-10
'
U
60C
6-
5-10
$1.50
7-
6-15
$1.50
10-
9-15 -M.*
$1.75
7-15
11-
10-15
75C
preferred
the Woods Milling, Ltd.—
8-
$1.75
7-
6-26
20C
(quar.)
Co. (s-a)
Kuppenheimer (B.)
La France Industries.
6-15
1
$1.50
$2.50
Kroger Co., common (quar.)
6% 1st preferred (quar.)
6% 1st preferred (quar.)
7% 2nd preferred (quar.)
7%
6-30
6-15 '
(quar.)
4%
Common
>
.»*■•
Lamton
Ontario)
Lang
(John A.)
Secord
Lawrence
(A.
Lee
4-23
6-23
4-23
*20C
6-
1
5-19
'6- 1
5-19
5-15
1
*6c
6-
1
4-15 '
7%C
6-
1
5-18
*$1.50
7-
2
25 c
6-
1
5-14
40c
1
6-15
5-26
Ltd.
Leather
(s-a)
2
6-10
6-
2
5-15,
Co.
Bros.,
(quar.)
5-
■
3
6-
I
7-
2
6-
37 J/2 c
6-
5
5-20
35c
6-
1
5-15
50C
66-
6-
:40c
*25c
———
Co.. 7% preferred (quar.)
Libbey-Owens-Ford Glass .-(quar.)-—-
$1.75
-
2
>
,
*5- 3'
1
-
Lexington Water
.5-10
1
31J/4C
•
9
37 J/2 c
(quar.).
■
:'f
"■
,
5-28
6-14
$1
*4c
.
—
s
5-21
40c
(quar.)'
Ltd.
6-1
__——
(quar.)
Lees
(quar.)..
Lehigh Coal & Navigation .(s-a)
Lehigh Portland Cement (quar.)—
LelandElectric Co., -5% conv. pfd.
Salt
5-31
*20c
—
;
'
•
7-
50c
D.) Company
(James) & Sons
Leslie
6-i5'
5c
(quar.)
Candy Shops, Ltd. (quar.)
C.)
5-20
*25c
(quar.)
(H.
Lewis
*37%o
5-15
1
(R. G.), Inc., $4 pfd. (quar.)
Oil Co., Ltd. (initial)—
Leduc-West
5-14
1
6-
Tourneau,
5-26
1
6-
Lansing Stamping Co
Lanston Monotype Machine Co.
Laura
3 >
5-14 J
Co.—
(s-a)
& Sons,
5-
6-
Inc.
(quar.)
Co.
(quar.)
Wells
5- 3
1
25C
Bryant,
Lane
1
6-
6-15
35c
—
Investment
&
Loan
(Sarnia,
Lane
6-
$1.25
(quar.)
preferred (quar.)
preferred (initial quar.)
Lamaque Gold Mines, Ltd. '(interim)
Lamston (M. H.), Inc.
(quar.)
6-11
6-
$18c
2nd
6-23
'
*$1.75
(quar.)__
Ltd. (quar.)
Mines.
5%
1
6-
*40c
(quar.)
preferred
7-1
$2
15C
*25C
(quar;)
6-
6-18
25c
$1.20
Le
5%
(quar 1
6-
6-15
Extra
5-11
5-31
Varnish & Color Co., Ltd.—
6-
25c
(quar.)
$4.50
preferred
(quar.)
Kentucky Utilities Co., 4%% pfd.
Kern County Land Co. (quar.)
5-20
75c
2%
(s-a)—
6-
Superior District Power Co.—
'
—
6-11
6-15
J37 Vic
Ltd
*$1
6-1
-——
6-15
6-30
25c
'
Lake
10c
Chemical Industries, Ltd.—
deposit receipts (final)
1
(quar.)
Co.
7-
25c
(quar.)
Canada,
1
5-22
6-16
>6- 1
Extra
4
5-30
6-30
lOc
American
6-
$1 12 Vi
Shore
31J/4C
T
6-15
5-22
Lake
Pulp & Paper, 5% pfd. A (quar.) —
Humble Oil & Refining Co
Hunts Foods, Inc., common
(quar.)
—
5 % preferred series A (quar.)
Huttig Sash & Door, common—
5%
preferred
(quar.)
5% preferred (quar.)
—
——
5% preferred (quar.)-.
Hydraulic Press Mfg. Co., 6% pfd. (quar.)_
Illinois Central RR. (Leased Lines) —
4% guaranteed (s-a)
Imperial
1
15c
(quar.)
6-15
5-20
Ltd—
———-_
6-
12 Vic
6-10
5-14
Co._—
6-11
x
1
6-
t,
:
-
4
6-
(quar.)
50c
6-14
Lock
6-
j
,
'
5-22
6-17
*$1
Illinois
1
1
5-12
6-4
,
7-
1
1
6-15
-
4
1
1
50c
& Smelting Co.,
(quar.)
6-
6-
7-
5-10
Hudson Bay Mining
Hudson
Motor
Car
9-25
3
6-
6-
5-10
(quar.)—
1
7-
(s-a)
56y4C
1
Howe Sound Co.
10-
1
6-
Company, common
Common
preferred (quar.)
Lighting & Power (quar.)
Oil Co.
(Texas)
(increased).
Stores Corp., 'common (quar.) ——
preferred (quar.)
—
6-25
Co.—
$1.25
(quar.)
Extra
(quar.)_
8
$1.12 Vi
Hudson
5-18
2
6-
1
6-30
1
6-
*6-19
6-
■4V4%
6-
f6-25
25c
6-
Howard
6-16
$1.50
8
5-26
37Vic
6-16
1
5-25
6-
'6-15
$1,061/4
1
6-15
6-18
$1
convertible
Houston
7-
25c
—
6-23
Houdaille-Hershey Corp.—
7-
6-11*
6-30
1
6-15
.
of
5-26
7-
6-15
Extra
Kelvinator
6-
6-12
60C
6-21
5
7-19
2
6-10
75c
(resumed)
Co.
U.
7
$2.25
(quar.)
5-28
6-
6-
50C
1
'6-
8-
.
5-25
6-21
2Cc
7-
$1.50
Electro-Chemical
25c
—
common
preferred
Ka:*ser
6-15
1
10c
6-15
34%c
50c
preferred
6-
preferred (quar.)
Keyes Fibre Co., 6% prior pfd. (quar.)
$6 preferred (accum.)
Keystone Pipe & Supply, 5% preferred (s-a)
<5%
preferred (s-a)
Keystone Portland Cement, $7 pfd. (accum.)
Keystone Steel & Wire Co. (quar.)
Mining Co
Corp.
6-
$1.25
35c
9-15
25c
Oil
5-20
6-30
60C
1
5-21
Honolulu
5-28
■10
6-
<quar.)_
10-
1
Homestake
$4.25
A
Kerr-McGee
'6-
5-14
1
50c
6-15
25c
Co.—
A
class
7-
(quar.)
1
(quar.)
Guaranty Co. (Brooklyn)
&
5-28
XI 3/4%
7-
5-15
(quar.)
5-28
1
Extra
5-31
non-cum.
25 c
(quar.)
$4.50
Kawneer
6-11*
6-15
6-15
Co.,
Drug
Kendall
5-15
75c
Co._
Katz
6-21
6-
1
5-14
1
7-
25C
1
(Henry)
$1
25C
Co., Ltd. (increased).
(H. • C.), 6% preferred
75c
2
1
6-
Godman
$1
4
7-
6-
6-15
Globe Oil
5-20
6-
6-
6-15
common
(quar.)
1
6-
Co.
Home Title
6-15
Corp.
1
25c
Mfg.
7-15
1
Harvester
6-
6-15
30c
6-24
1
Gleaner
5-20
*25C
5-26
$1.25
5 Extra
5-28
4J/2 %
Co.
1
93 %c
Razor, $5 pfd.
(quar.)„—
6-14
$1
Co.
E.)
2
6-10
Safety
(quar.)
(Canada)
(quar.)
(Increased quar.)
Paper
Paper Co.
7-31
8-
7-
Machine
Holt
Dauch
Dauch
(Charles
1
7-
$3
50c
&
5-28
7-
$3
6-30
Hinde
2
$3
5-20
Hires
7-
5-25
(s-a)
B
preferred C
5-20
Hinde &
5-28
(s-a)
preferred
non-cum.
1
7-
Corp.
40c
preferred A
non-cum
1
5-15
2
xl%%
Ry.
6-
50c
Gillette
6%
Gulf
6-
15c
Gisholt
6%
&
50c
150
Girdler
6%
5-28
6-
Oklahoma
25c
5-31
7-
$1.25
1
6-21
5-20
J25c
(quar.)
6-
(quar.)
Co.,
preferred
6-10
1
1
93 ^»C
King-Seeley Corp., common
5%
convertible preferred
(auar.)
A.)
7-20
10-20
2
5-31
6-10
(quar.)_
preferred (s-a)
Joy Manufacturing Co. (quar.)
Kalamazoo Vegetable Parchment Co.
1
8-
5-21
1
11-10
6-
4J/2%
6-10
11-
5-28
6-
8-10
1
6-15
1
xl%%
Joslyn Mfg. & Supply, common
Kansas
1
6-10
1
common
7-20
A
<S.
6
5%
Steel,
Laughlin
6-15
Class B
Geirard
^7"ao„
7-
&
7-30
Brewing
preferred
6-
31c
(quar.)
912-
common
6-25
preferred
(Optional dividend series)
Cash or 44/1000 share common
stock at holders option
J4Vi'%
Co.,
25c
7-
(quar.)__
(quar.)__
common
1
5-11
4
6-10
20C
(quar.)
Refining
25c
$1.75
new
5-15
5-17
Houston
Co.,
1
5-17
Corp., common
preference
5-10
6-
2Cc
Oil
1
Corp.
Products
50c
6-
6-
1
Hotels
1
37V2c
(quar.)_
(quar.)_
1
(quar.).
Gerber
5-14
1
6-12
1
$1.75
Co.
6-
87 Vie
6-
convertible
6-
Common
6-
7-
30c
Corp.
(increased)
1
common
Brick & Tile
Johnson
25C
25c
preferred (quar.)
$1 conv. 2nd preferred (quar.)
General Portland Cement Co
General Precision Equipment
General Shareholdings Corp.—
Georgia-Carolina
6-10
87 Vic
Monthly
1
Johnson
6-
$1
Class
6-30
preferred
&
6-
iv
Genesee
$1
3 J/2 %
12 J/2 c
common
Johnson
Heyden
Hilton
6-
(quar.)
6-
:
(quar.)
Advertising,
Johns-Manville
6-10
5-17
Hobart
(quar.)
preferred
6-10
5-27
75c
Inc.-
preferred
$3.75
5-15
6-30
1
4 %
(quar.)
Motors
General
1
6-30
6-
Inc.
(quar.)
Chemical Corp., common
preferred A (quar.)
Heywood-Wakefield Co., common
5% preferred B (quar.)
Hibbard Spencer, Bartlett & Co.
1
6-15
Xt$1.75
com.
pfd.
5%
common
1
75C
Inc.,
Co.,
*$1.38
preferred
(quar.)
Dry
Batteries. Inc
General
Tea
1
$1.06'/4
pfd.
pfd.
6-
6-15
75c
series A (quar.)
5%
3%%
Jewel
30c
40c
Co.,
5-15
1
(quar.)
Industries
1
7-
371/2C
pfd.
D (quar.)
Supply, common
7-
Corp. (quar.)
American Transportation—
preferred
6-
25c
(quar.)
6-
25c
10c
7-
* 30c
(quar.)—l
Co.,
5-15
Products—
Steel
convertible preferred B
6%
6-15
6-15
(quar.)
6%
*$1.25
General
7%
1
Hewitt-Robins,
General America
General
1
6-15
1
6-15
(Del.)
15c
1
9-30
Fireproofing
1
Kerr
(quar.)
1
7-
25c
15c
6-
6-30
7%
6-
Kerney
Orleans
7-
$1.75
$5
Curtis
See
6-15
$1.25
preferred (quar.)
Jantzen Knitting Mills,
25c
Industries.
Curtis
6-
30c
common
5-15
25c
$1
30C
Co.,
1
50c
.
25c
Co
Bottlers,
6-
30c
(quar.)
New
preferred (quar.)
6% preferred (quar.)
6% preferred (quar.)
Gary (T.) & Co., $1.60 1st pfd. (accum.) __
Gatineau Power Co., Ltd., com.
(quar.)___
5%
preferred
(quar.)
5 J/2%
preferred
(quar.)
:
Gaylord Container Corp. (quar.)—
Gemmer Manufacturing Co.—
$3 participating preferred A
(quar.)
General
Co.
__—,
Quarterly
6%
Cigar
Glass
Corp.
5-15
6-
General
50c
5% .preferred
Jamaica Water
Hemisphere International Co.—
5-15
General
5-25
15c
5-14
(quar.)_
$4.25 preferred
6-10
50c
common
1
6-
Common
—
(quar.)
1
6-15
General
Co.,
quar.)
(increased
Co.
6-
14c
B
5-21
17Vic
6-
t$l
Class
6-10
$1.37%
*25c
(quar.)_
(Robert)
5%
$1.37%
Co
62 J/2C
preferred
7%
(Helene)
Franklin)
common
Ltd., 4%
Company,
6-10
Jones
5-28
1
$1.62 ft
Service, Ltd.,
preferred A (quar.)
preferred B (quar.)
preferred C (quar.)
6-10
6-10
5-24
40c
1
6-30
1
6-21
7-
(quar.)
Public
3%%
6-
'
Co
1
$1.50
Department Stores
Mining Co. (quar.)
7-22
Investors
Fundamental
Chemical
Hazel-Atlas
6-15
1
30c
Companies, Ltd. (quar.)
Freeport Sulphur Co.
(quar.)
Freiman (A. J.), Ltd.
(extra)
Co.,
7-
$3"5c
—
Fraser
Trailer
(quar.)
non-cum.
*75c
(quar.)
Co
Simon,
(see
com.
6-15
Engraving
7-
Co.
&
preferred
$3
Oilier
7-
$1.06 V*
:
Co., $4 prior pref. (quar.)
preference (quar.)
Hathaway Bakeries, Inc.
(quar.)
Hawley Pulp & Paper, $6 2nd pfd. (final) _
1
Machine
&
$1.12 J/2
40C
common
(quar.)
Refractories,
Wholesale
Hazeltine
Drive Auto
Simon
Company,
preferred (quar.)
preferred
(quar.)
Hart-Carter
Corp.
prior preferred (quar.)
Foundation Co. of Canada, Ltd.
Fruehauf
6-
6-15
$1.50
6%
Wheel
6-15
6-15
7%
A
Hartman Tobacco
3J/4%
Franklin
.
class
in
preferred (quar.)__
Co., 7%
A.)
(A.)
1
6-
621/2C
Foster-Wheeler
Harris
6-
9
$1,121/2
payable
preferred- (quar.)
6-15
$2.50 preferred
Food Machinery Corp.—
Fort Wayne
6%
25c
pfd. (quar.)
Inc., common (quar.) —
(quar.)
5-25
4%
preferred
6-
1
6-15
-
7-15
10c
30c
$1
—
t75c
93 %c
Co.
Shoe Corp.,
4%
dividend)
Harbison-Walker
5-27
6-10
Jamaica
(quar.)_
1
$1.50
Manufacturing
25c
A
1
6-
30c
Utilities
$1.06 %
dividend)
(cash
(M.
50c
(quar.)
Light, 4 % %
&
Hanna
5-20
$1
5-25
dividend)
Hanley (James)
5-20
*20c
Corp.
Power
4
*20c
50c
6-15
$1
stock
Ltd.—
Co
Stove
25c
dividend
(Stock
$4.25
participating class A (quar.)__
5% non-cum. participating class B (quar.)
Flintkote Company, common (quar.)
$4 preferred
(quar.)
class
6-
6-15
(quar.)
(quar.)
50c
Calif.,
of
(cash
A
Class B
5-15
%.
Florence
7
25C
(quar.)
class A
Stores,
Fitzsimmons
1
6-
$1.25
Co.
H.)
CM.
Fitz Simons & Connel
7-
(increased quar.)
common
Jahn
(quar.)
Stock
$1
(quar.)
Jaeger
5-10
1
6-15
8c
common
25c
E
Class
40c
(s-a)
pfd.
$2
Corp.
5-10
1
Extra
1
$1
1
Extra
1
(s-a)
Co.
Boston
(accum. I
Service,
(John)
6-
6-
$1
Quarterly
6-
(quar.)
5-13
5-12*
6-15
& Power—
25c
Oil
Hancock
5-15
1
Co.
1
1
Quarterly
*7c
Instrument
1
4
6-
Fund
37 % C
Hammond
6-
6-
(quar.)
of
Co.
preferred
*22'/ic
$3
Trust
Fireman
Hamilton
B
6-19
40c
Southern
6-12
Common
1
5-15
50c
Gas
Selective
3.75%
6-12
4
Natural
Public
6-22
6-
6-
1
22%c
(quar.)_
preferred B (accum.)
preferred A (accum.)
7%
6-22
6-15
9
$1.50
Corp.
6J/2%
Iowa
Irving
(quar.)
25c
Co.
Hosiery Mills
preferred
9-10
(quar.)
A
Silver
Electric Light
12-10
4
pfd.
Corp.
Investment
9-20
6-
5%
Foundation, Ltd.—
convertible preference
(quar)_.
12-20
6-15
6-
:.4
:■
Investment
6-
37 Vic
$3
2
6-
Interstate
37Vic
preferred (quar.)
Hammermill Paper, 4%%
preferred
4J/4% preferred (quar.)
7-
6-15
9-25
37 Vic
convertible
9
teoc
6-25
Quarterly
4%
6-
t25c
1
Quarterly
Quarterly
5
6-15
2
(s-a)
1
7-
1
5
7-15
7-
'h t
$40c
-
Petroleum
International Utilities
1
6-
35c
<1%
Ltd.—
Canada
-.
5-14
6-
Interstate
1
6-
5-5
5
5-25
International
Iron
(quar.)
1
6-
6-15
5-28
6 %
Ltd
6-
6-21
5-24
10-
*25C
'•if'
$1.75
200 %
t40c
5-31
Co.—
6-21
5-28
t50c
4
25c
6-10
5-21
6-10
(quar.)_
6-21
6-
75c
$1
6-10
t$1.12»/2
of
Co.
6-30
85c
35C
6-15
Co., Ltd.
(s-a)_„
International Products Corp. (quar-)
$1.10
Hamilton
7-15
(s-a)
preferred
25C
(quar.)
-
quar.)
Paints, Ltd.,
International
$1.25
—
(quar.)
4-30
$37>/2C
20c
(quar.)__.
(quar.)
International
6-
Dye Co
&
preferred
International Nickel
5-24
35c
Corp
Fittings, Ltd.,
•f
5-13
5-20
6-
Mines,
4-30
5-31
Co.—
(initial
1
25c
(quar.)
Oil Well Cementing
5-31
Machinery
6-21
6-
Co.^of America at Baltimore—
Fishman
/i
1
6-
Cigar
common
6-22
(s-a)
$6
6-
New
$1.25
(s-a)
Co.
5-15
25c
International Metal Industries,
Class A
(quar.)--
6-10
B
^
5-13
6-15
$1
A
$5
1
25c
Class
Gair
6-
5-20
6-
$1.25
(quar.)
Stores
Bros
1
6-15
6-15
40c
Class
Gair
Water
1
7% »preferred
(quar.)
Common
(stock
dividend)
*25c
Hackensack
(quar.)
(quar.)
Cleaning
First Security Corp.
4%
5-14
30c
Quarterly
50C
4%% preferred (quar.)
First National Stores
Four
1
75C
Utilities, common
preferred .(quar.)
$2.50
(quar.)
Firestone Tire & Rubber Co.—
Food
6-
*75c
Gypsum Lime & Alabastine of Canada, Ltd.—
Quarterly
w
Class
5
International Harvester
20c
Works
Enamel
5%
5-26
40C
Corp
6-15
Smelting
&
Screw
Finance
Firth
Oil
1
Corp.
Extl'cL
First
6-15
$1.75
Corp.
7-
t$l
International
25c
States
5-10
6-
Quarterly
5-19
$1.50
1st
$2.50
Co
(quar.).
Cooper, 5% 1st pfd. (quar.)
preferred (quar.)
Common
(quar.)
Guantanamo Sugar, $5 preferred (quar.)
5%
$1.50
Tarrant
Federal
Class
5-
Co.
Paper
Griggs
$4.40
Co.,
Mining
Federal
Federal-Mogul
Ferro
4
6-30
6-
30c
$1.25 pfd. (quar.)
Federal Fife Insurance Co. of Canada (s-a)_
Fenton
6-
Grinnell
15c
18 %C
5-19
1
10c
1
1
International Business Machines Corp.—
1
6-
10c
6-
6-
Ltd.—'
preferred
*50c
7%
50c
Quarterly
&
7-
participating
*25c
preferred (quar.)
Great West Saddlery Co., Ltd.—
6%
2nd
preferred
(quar.)
Greenfield Tap & Die (quar.)
.
International
6-
50c
Great
1
1
$1
7
Ry. Co., non-cum. pfd.
Western Sugar, common (quar.)
9-
37 VzC
5-
Northern
5-24
6-10
Ltd.—
group
Bronze Powders,
6-
$1.75
Northern
Great
12-
Co.
1
(quar.)
preferred
7%
Great
6-11
$1.50
2Cc
Shares,
$2.50
1
5-29
6-12
16c
_
group
and bond
20c
5-14
1
50c
35c
1
$1.25
25c
1
Co
6-10
6-
12J/2c
6-
7
$1.25
Farquhar (A. B.) Co. (quar.)
Fashion Park,
Inc.
(quar.)
Felt
6-13
$1
6-15
6-
1
7-
$1.25
5-15
5-
5-
87 J/2C
6-15
$1
5-13
1
10c
Stock
$1
W.)
(accum.)
Aviation
5-15
preferred
5-14
5-10
7-
75C
(quar.)
Co
Institutional
5-15
6%
I
6-1
$1
5-14
Co
Mfg.
5-18
6-
20C
$1.25
Corp.
6-30
30c
(quar.)
6 '/i % -preferred
Co.
(quar.)
Steel
6-15
Pacific Tea. Co., common—
1
6-
tlOC
(increased)
(quar.)
Rayon
*12 Vic
(quar.)—
Co.
class A
Silica,
6-15
Great Atlantic &
6-
75c
Industrial
6-15
7
6-30
preferred A
$1.25
(quar.)
Grafton & Co., Ltd., class A (quar.)---.—
Granby Consolidated
Mining
Smelting &
Power Co.,-Ltd.
(increased semi-annual).
Grand Rapids Varnish Corp.—
Great American Indemnity (N. Y.)
(quar.)_
12-31
5%
*12 Vic
(H.
7-31
Indianapolis Water,
*12 Vic
Inc., "common
25C
&
Electric
Inland
Gossard
*50c
(quar.)
Rico (irreg.)
Fanny Farmer Candy Shops (quar.)
Farmers & Traders Life Insurance Co. (Syra¬
cuse, N. Y.)
(quar.)
Federal
5-14
Graf lex,
1-25-49
(The)
Federal
6-15
1
$1.25
Fajardo Sugar of Porto
3
Ingersoll-Rand
6-
$1
(quar.)
Gregg
Morse
Industrial
6-16
Gorham
6-30
Products
Fairbanks
6-16
6-21
1
7-26
Semi-annual
Fair
5-17
6-30
6-30
7-
-
$1
convertible preferred (quar.)
Enamel & Heating Products, Ltd
Essex Company (s-a)
«<—
Equity Corp. $3 conv.. pfd. (accum.)
20c preferred (s-a) -.4.:
Erie Coach Co.
(quar.)
--Erie & Pittsburgh RR., 7%
guar. (quar.)__
Erie Railroad Co., 5%
pld. A (quar.)
5% preferred A (quar.)
5% preferred A (quar.)
Evans
Products Co.
(quar.)
Eversharp, Inc., 5% preferred (quar.)_
Excelsior Insurance Co. (Syracuse, N. Y.) —
Fabricon
6-1
$1
$1.25
$1
5%
4%
&
$1
(quar.)
Goodyear Tire & Rubber, common (quar.)_
$5
preferred (quar.)
Gordon Mackay Stores, Ltd., class A (quar.)
preferred
6-11
28C
Capwell Co..
Emsco Derrick <to Equipment—
4% convertible preferred (quar.)
Coe
5-17
Extra
Emporium
Faber
6-1
5-21
$1.25
(quar.) —
6-
Water
&
6-
Holdert
Payable of Rec.
Ltd.—
—
Gas
6-30
Class B
—
pfd.
6-
50C
Indiana
7
$1
37 Vic
$5
of Canada,
Interim
5-15
1
6-
(quar.) —
(quar.) —
—
(quar.)
Common
5-20
Imperial Tobacco Co.
5-21
6-11
*2c
Ltd
When
Share
of Company.
—
Mines,
Golden State
25C
>,4%
•
5-20
Co., Ltd., 4% pfd.
Goodall-Sanford,
Inc.,
common
Preferred
(quar.)
Goodrich (B. F.)
Co., common.
1
—
(quar.)
State Telegraph Co.—
Empire & Bay
Goldale
6-14
6-
—
preferred
8%
Co.,
Extra
6-10
5-21
6-11
5c
.5-25
Per
Name
Payable of Rec.
5c
Co
1
7-
$1.02 Vi
$1.06 J/4
Corp.
Drug
Brewing
6-30
60c
•
Emerson
6-15
$1.12%
4.10%
preferred (quar.)
4% % preferred (quar.)
Electrographic Corp., new com.
Electrolux
40c
Goebel
5-29
_
common
(quar.)
preferred
$4.50
•6-15
Share
of Company
Holders
When
Per
Name
Payable of Rec.
Share
Company
Monday, May 31,
Holders
■When
Per
Name 0/
':,S
COMMERCIAL & ^
THE
,<V"V
5Cc
7-31
6-
1
6-10
k-:-■•ZZ
5-20
6-15
,
-
5-25
■
6-30
i,
5-11
5-27'
f/y
'Volume 167
When
Per
Name of
COMMERCIAL
THE
Number -4703
•
Share
Company
•
Roldert
Name of
Payable of Ree.
1
6-
6-15
12 %C
—
FINANCIAL
&
-
CHRONICLE
When
Per
Company
Brewing Co
Gas Lignt Co. (Del.)— •
preferred (quar.)
5%%
preferred (quar.)
$5.10 preferred
(quar.)—
5% preferred (quar,)_
Minneapolis-Honeywell Regulator, common..
1
6-15
6-
6-
25c
Minneapolis
Holdere
Payable of Rec,
Share
5-20
i"-
Liggett
7%
&
Myers
Tobacco,
preferred
>-
(quar.
common
(quar.)
Cup
Corp
Lima-Hamilton Corp. (quar.)
Lincoln National
Life Insurance
preferred
(C.
W.)
&
Co.,
RR.
6-30
7-10
6-30
7-
5%
5-24
Monarch
$4
Monsanto
5-24
$3.25
Guaranteed
(quar.)
50c
9-10
8-24
Monarch
Guaranteed
(quar.)
50c
12-10
11-24
Montreal
Cottons,
Guaranteed
(quar.)
f 50c
3-10-49
2-24
Ltd.,
class
A
7%
•1:25c
(quar.)
5-
1
6-
4%
6-10
7-15
7%
5
7%
J25c
Gas
Co.
(P.)
&
Louisville
6%
Title
5
6-
1
5-
7
6-
7
5-21
6-
1
5-12
6-
1
5-
$1.50
6-
1
5-17
Mosinee
25c
7-
1
6-10
Motor
$1.75
7-
1
6-10
Motor
Mount
Moore
5%
(quar.)
common
RR.
Mortgage
(M.)
3
6-15
5-29
Mountain
Fuel
Mountain
&
M.
Publications, Inc.—
$1.50 participating preferred
Mackintosh-Hemphill Co.
MacLaren Power & Paper (quar.)
Macwhyte Company (quar.)
Mallory (P. R.)
^Maltine Co., 414 %
Manhattan
Shirt
conv.
Co.
7-
6-
4-16
1
5c
(quar.)
Mar-Tex
5
6-
6-15
Common
(quar.)
convertible
Electric
Mathews
Conveyor
May Department Stores, common
•Vtf?;$3.75 preferred (quar.)—
$3.75
;
preferred (1947 series)
preferred
(quar.)
$3.40
McAleer
■$$'5%
Manufacturing
convertible
McBee
6-
1
0-15
12-
Automotive
National
Biscuit
6-30
6-11
National
Container
5-28
National
Oil,
5-22
National
5-25
Common
6-10
5-28
5%
6-
5-15
Acceptance
preferred
Mercantile
Stores,
Common
new
■rX:Class
Corp.
Mesta
Machine
<
$3.25
(I
,
Textile
Co.
Mid-Continent
Midland
Steel
$1
.
(
$1.50
Miller & Hart, Inc.
Common
Class A
Milliron's
■:/
5%
preferred
50c
(quar.)
Co.__
25C
(quar.)
Gold
6-15
5-24
6-
1
5-20
$1.06%
common
(quar )
Transportation (quar.)
1
1
G-
1
Mfg. Co., Ltd., common
preferred (quar.)
(quar.)
Patterson-Sargent Co.
Feabody Coal Co.—
5-31
5-
120C
(interim).
6-15
115C
6-15
5-31
135C
Dredging
6-25
6-15
5-31
iquai:.)
6-
1
5-17
31 %C
(quar.)
6-
1
5-
5
5
$1.50
Peck
6-10
6-
1
7-
6-
9
9
Penick
(accum.i
1
5-
6-
1
5-15
25c
peerless Cement Corp
Peller Brewing, 5%% pfd.
Wilcox
6-
15c
6-15
6-16
6-3©
6-12
40c
6-14
5-28
62 %c
Class
62 %c
A
(quar.)
12-
6-
7
National
Lead
5-
7
1
National
Life
6-
1
5-
7-
1
6-15
Nashville,
7
6-
6-
5
7%
Tenn.
7-31
8-15
6-15
6-
National
(quai\)
Malleable
&
Steel
National
National Paper & Type Co.,
National
Radiator
Co.
6-
4
6-25
6-
4
Oats
Co
1
5-15
National
7-
1
6-16
National
(quar.)
Rubber
1
5-21
National
Steel
6-
1
5-21
National
1
Tea
5%
pfd.
Co.,
common
6-21
Natomas
6-
4
Neilson
Neisner
iWm.), Ltd., 5% pfd. (initial)
Brothers, Inc. (quar.)
Newark
(Ohio)
preferred
preferred
Co.
$1.15
5-10
Perfex
20c
6-15
5-31
Perkins
$1
6-10
5-31
50c
7-
1
6-15
15c
6-
1
5-15
$3.50
6-
1
5-
Newmont
New
Newport
6-
1
5-18
6-14
5-14
Newport
6-14
5-14
New
6-14
5-14
New York
6-15 -
5-28
4c
Park
25C
•>50
7%c
10-
10-
9
6-30
Or 18.
10c
7-1
6-15
25c
7-15
'6-22
-15c
6-
6-
1
5-17
7-
1
6-15
5
1
6-15
1
9-15
933/4c
7-
1
6-10
$50c
6-10
5-31
15c
6-15
6-
3
6-
1
6-
1
5-11
6-
1
5-15
6-15
6-
6-
1
5-22
20c
7-
2
6-
$1.12%
6-
1
5-22
$1.75
6-
1
5-20
25c
7-
1
$1.11%
7-
1
6-10
6-10
5-14
(quar.)
&
Gear
(quar.)
5
4
Co.
(quar.)
(quar.)
(initial)
common
preferred
30c
6-10
&
(Chas.)
&
Co.,
preferred
common
6-14
6-
25C
6-
1
5-21
35c
6-10
5-20
25C
50c
(quar.)
6-
4
5-27
8
6-30
6-15.
5-24
35c
6-30
6-
25c
6-30
6-
7-
1
6-
7-
non-cum.
preferred
preferred
(quar.)
$1.25
preferred
(quar.)
Electric Co.,
1
6-
30C
6-30
6-
25c
6-30
1
6-
$1.50
1
(quar.)
Hundred
Corp.
____!.
37y2c
Corp. 1 (quar.)
30c
Nopco Chemical Co., 4% preferred A (quar.)
-$1
Noranda Mines,: ■ Ltd.-w.^ii^^——■
$75c
Southern Ry.
.Norfolk & Western Ry.
(quar.)__
(quar.)
Philadelphia
$1
preference
Philadelphia
Electric
Norfolk
1
6-15
6-10
$6
710-
1
6-
$1
$5
$3
1
6-15
$2
Paul, Inc.__
5 %
$3
1
6-
87 %C
5-15
(accum.).
P5-
(quar.)
5-14
York
Noma
Co.,
1
I
6-15
6-
Dodge Corp
Philadelphia Co., common
1
3% %
.
Machine
3%%
1
(accum.)
5-28
$1
Co.
preferred
Pfizer
6-
A
1
6-15
56C
Phelps
6-
A
6-
$1.75
(quar.)
Co.
(quar.)
Pfeiffer Brewing Co
50c
Chicago & St. Louis RR.—
5
6-15
30C
Pfaudler
50c
Nineteen
'6-18
5-28
6-30
45c
5
10c
Trading Corp.—
$1.25 participating class A (accum.)
Shipbuilding & Dry Dock
preferred
preferred
6%
6-15
5c
7
5-20
5
2-
$1.10
Mfg.
Corp., 4%% preferred
Milk
Brake
6-20
9-20
•
_
Air
6-
1
933/4c
,
(quar.)
State Electric & Gas—
preferred .(quar.)
Niagara Lower Arch Bridge Co., Ltd.
Niles-Bement-Pond Co.
6-20
2:
6-30
News
York
6-10
7-
6-10
75c
(quar.)
(increased)
Corp., common
preferred
(quar.)___
P-20
7-2
,7-2
Mining Corp.
Mining Co
Electric
3%%
6-30
$1
$1
$1.25
pfd.
Salt
Circle
4%%
Peter
811-
92 %C
preferred
Petroleum
Increased
Jersey Power & Light, 4%
Jersey Zinc Co
7%
Pet
8-15
11-15
2 -15-49
15C
$7 preferred
Perfect
8
(quar.)
Pennsylvania Telephone Corp.—
^$2.25
preferred
(initial)
Peoples Telephone Corp., com. (quar.)
2
New
6-11
5-14
1
6-
5-27
6-11
6-15
6-
C
Co
Pennsylvania State Water Corp.—
1
6-10
6-11
6-15
7-15
6-15
25c
series B*(quar.)
Engineering Corp
Pennsylvania
1
Cordage, 7% preferred (s-a)__
England Telephone & Telegraph—
1
2
6-
Bedford
1
1
6-
6-15
7-
New
1
7-
1
50c
(s-a)
5-15
7-
7-
6-25
9-15
12-15
Co.—
Extra
4%%
1
Electric
preferred
5
6-
7-
7-31
1
30c
A
(quar.)
Cement
Corp
preferred series
5
6-15
class
4.4%
8-
5-20
7-
preferred
Pennsylvania
8-
1
New
$1.20
8-15
1
New
8-16
1
1-49
Switch—
8-15
7-
1
5-20
-
25c
Electric
Penn
53%c
6-
3
6-18*
1
1
25c
(quar.)
47%c
$1.50
5-20
7-10
6-
25c
(quar.)
preferred
(quar.)
$1,183/4
6-
Pennsylvania
710-
62 %C
(quar.)
preferred
(quar.)
Telephone (quar.)
Newberry (J. J.) Co
'_
Newburgh Steel Co. (increased quar.)
5-
6-15
50c
6-30
1
1
37y2c
(quar.)
$1.75
6-10
Pennsylvania-Dixie
7-
25c
3.8%
6-
6-15
137%c
4% %
•'6-15
6-15
1
$1.25
ts-a)__
Machinery
Co.
(quar.)
Ltd.
(quar.)
5-21
25c
1
preferred
quar.)
3.7%
Car,
6-
7-1
7-
7-
15c
6-10
97 %c
5-20
25c
6-
1
1
Castings—
^
Standard
6-
6-
6-
25c
4
6-11
$1
$1
Increased
5-20
6-11
$1
5-24
Insurance,
Linen Service, common
preferred (quar.)
preferred (quar.)
5%
3
6-15
15c
$1.12%
(quar.)
1-2-49
$1.25
A
$1.75
12y2c
preferred
Accident
National
1
Telephone Co.—
115c
Co.,
&
1
6-
6834 c
Ford, Ltd.
(increased
5-
7
50c
preferred
(quar.)
1
5-20
20c
(quar.)
1
4
7-
Common
6-15
6-
6-
3
6-
5-28
6-25
5c
9-
6-
6-1*
6-14
1
62 %c
Co
1
New
Inc.
1
8
7-
$1
10-
37 %c"
...
7-
I
6-
6-15
75C
(quar.)
115c
6%
*
com.
1
6-15
140c
Line,
(quar.)
25c
(s-a)
5-20
A
50c
(quar.)_.
(quar.)
6-
Class
1
5-15
6-
$2.50
(s-a)
preferred
Peninsular
5-21
6-15
5-
1
*
common
1
6-
2%'C
J.)',
5
6-
Common
$2
(qhar.1_.::i__1 _'-t^1'Il 1.
6-
5rl5
6-1
25cJ
Common
25c
(D.
40c
4
50c
.
6-15
1
4
25c
._
Ektra
1
6-
6-
$1.50
Common
■
6-15
7-
6-
35c
;
*
v
1
1
15c
(quar.)
prior preferred (quar.)
$1 prior preferred (aupr.)
Miller Mfg. Co., common (quar.)
1
7-
$1
Ltd
Pipe
Rust-Proof
&
6-
50c
(quar.)
Pictures,
&
5-15
$1.25
37 %C
7—1
35c
-
$1
preferred
Tubes.
preferred
5-15
40c
Eastern
Stow
1
75c
5%
convertible
6-
7-
8i y4c
common—
preferred
1
5-29
115c
$4.50 pfd. (quar.)
Hosiery Mills, Ltd., class B
62 Vic
(quar.)
(s-a)
1
6-
(quar.)
Refineries, Inc.—
convertible
6-
1
6-10
A
$1.62%
(quar .)
-
preferred
Mid-West
1
7-
$1
5-12
$1.12%
115c
7-
Class
''
Extra
Co.,
Consolidated
6%
1
National
75c
_.
$2 : non-cum. preferred
8 %; preferred
iquar.)
8 %
Mfg.
Chemical
5%
6-
90c
(quar.)
preferred
7%
2
60C
common
Package Machinery
Paton
7
7-
5-27
25C
(irreg.)__.
Co.,
Mills
4%
I
6-
125c
Co.__
6-
6-
6-15
1
6-21
6-21*
50c
Products
Lumber
Pato
5-18
6-
7-
5-21
50c
.
Pacific
Parkersburg Rig & Reel,
1
5-28
6-10
$1.50
Telegraph Co. ,(s-a)
Foundry, $6 preferred
Pacific Finance
(Calif.), com. (incieased)Pacific Gamble Robinson (quar.)
Parmelee
1
6-10
25c
&
5-31
7-
46 %C
(quar.)
5-31
6-
7-15
$1.25
(Minn),
6-10
1
8-14
115c
Co.
5-20
10-20
7-15
$1.12%
(quar.)
6-10
1
7-15
8-14
to
pfd. (quar.)
Railway
(quar.)
6-1C
7-
amount
Atlantic
Parxer
120c
5c
-1
Car
5-10*
10-30
1
8-14
6-30
$1.75
_
(quar .)
-—_—
pref.
&
6-
115c
4y2%
(initial)
conv.
Pacific
Pacmc
Park
5-12
net
(quar.)
Pacific-American Investors, Inc.—
$1.50
preference " (quar.)
Paramount
80c
s-a)
(quar.)
15c
Airlines
the
Oxford Paper, $5 preference
5-10*
7-22
6-20
Africa
South
6%
preferred
5-15
1
5-
6-10
62 %C
-
common
Petroleum
Oil. Corp.,
$3.60
Panhandle
1
of
(quar.)
Page-Hershey
6-
6-20
1
6-15
50c
■_____
Midland
(increased
Ltd.
Union
tax
Power
6-10
50c
(quar.)
Gypsum Co.,
15c
Michigan Public Service (quar.)_j
Michigan: Steel Tube Products
Mid-Continental
Co.,
of
Co.,
preferred
Tail
5-15
8-
2
National
50c
Corp., common (quar.)_,
7% preferred (quar.)
Metropolitan Edison Co., 3:90% pfd. (quar .)
Michigan! Associated Telephone Corp.—
6preferred (quar.)
Michigan: Consolidated Gas—
43/4-% preferred (quar.)__
•
Products
15c
(quar.)
(Conn.)
Extra
1
$1.06%
Thermit
&
7-
25e
participating preferred
Participating
Metal
6-15
1
5%
6-10
2c
Insurance
Food
Common
5-10
$I5c
(quar.)
76-
Light, Heat & Power Co., Ltd.—
6-
1
2
125c
(quar.).
com.
(quar.)
Electric
Ottawa
1
Welding
Quarterly
Fire
Elevator
1
2c
preferred
Electric
Quarterly
Grocers
1
150 V4C
I:
Corp.,
Convertible
National
Otis
6-
Ltd.—
Can.,
6-20
7-
t$3
Ltd.,
30c
$1.25
of
5-10
7-,2
t$1.75
Products,
non-residents'
«
$4.25
Co.
6-10
•
125c
(quar.)
be paid will be approximately
Orpheum Building Co
Oswego Falls Corp., 4'/2% pfd. (quar.)
6-
112 %c
National
25c
Linotype Co
Merritt-Chapman & Scott, 6 '/a % pfd.
& Chem.
Drug
5-14
50c
(s-a)
45c
quar.)
6-1
110c
common
preferred
Ry.
deduction
7-15
1
6-11
125C
20c
$1.06
(quar.)
(quar.)
National
7-
30c
(quar.)_.
class A
Mergenthaler
Metal
preferred
conv.
Quebec
preferred
After
6-17
8
4
6-30
O'okiep Copper Co., Ltd.—
Pacolet
62 %c
6-
56 %c
(quar.)_
Extra
Ottawa
Corp.—
(increased
6-15
1
Participating
30c
Common
1
7-
125c
_
-
(quar.)
7-
Steel
6-15
5
6-15
25c
1
1
preferred
(auar.)
B
6-
Discount
National
California-
of
(quar.)
7%
6-15
Ontario
6-15
1
5
5-
62 %c
(initial,
com.
Refrigerating Co.,
Merchants
5-15
5-14
7-
5
5-
1
6-
110c
15c
(quar.)
(quar.)
5-22
10c
(quar.)
Corp.,
1st
Corp.
6-15
5-15
(increasea)
Beauty Supply, Ltd.,
5-
6-15
37 %C
A
6-15
$1.12%
(quar.)
Extra
7%
1
90c
preferred
Co
Corp.
Ontario
6-14
1
$2.50
25c
4y2%
Service_-__^_
Inc., $2.25 preferred
7-
7
(annual)
(quar.)
Co.,
&
6-
5-20
40c
40c
Inc.
common
6-10
12 %c
(quar.)
$2.50 preferred (quar.)
Publishing Co
Mclntyre Porcupine Mines, Ltd. (quar.)_.
McWilliams Dredging Co. (quar.)
Mead Corp., common
414 % preferred (quar.)
$2 2nd preferred (quar.)
Meadville Telephone Co., 5%
pfd. (s»a)_.
6%
Fibres,
Co.,
6-15
5-18
Co.
Ontario
6-
1
1
5-24
11-23
!
1
5-14
""*"
4-23
6-
6-14
6-25
1
6-
6-14
6-15
6-
6-16
Oliver
12-12
t$1.75
Extra
5-15
12c
10c
5-25
7-
Ohrbach's,
37 %c
(quar.)
Gas, common
preferred (quar.)
National Dairy
Products
(quar.)
National
McGraw-Hill
Mercantile
rzr
2
6-15
5-14
8-23
1
7-
5-10
6-15
6-10
5-22
1
6-
6-
Ohio Water
9-12
6-
46-15
10c
6-10
6-12
6-10
50c
6-21
9-16
1
125c
(quar.)_
common
(quar.)
Seamless Tube
12-16
5-10
6-
55C
Ohio
9-28
6-17
1
25c
Co.,
common
(quar.)
Mississippi Telegraph Co.
Pacific
Cylinder
5-15
preferred
5-15
12.28
6-15
6-
preferred
5-31
6-28
5-15
1
Confection
$2
Power
35c
:i;
National Alfalfa Dehydrating & Milling Co.—
5%
preferred (quar )
6-11
i
Oil
1
1
7-
6-10
15c
(quar.)
Ohio
7
6-
■20c
Co.
7
12c
12c
preferred
11-15
25c
(quar.)
McColl-Frontenac
McCord
convertible
k
1
Ohio
6-15
5-
—
Corp. (quar.)
Straus-Duparquet—
6-30
$1.50
common
preferred
(Hawaii)
preferred A (quar.)
preferred A (quar.)
4.80% preferred A (quar.)
•uNamm's; Inc.
(quar.)
6%
1
5-26
6-
*$1.50
$1.50
$1.50
4.80%
6-26
6-
6-10
'6-30
$2.20
Ohio
"
4.80%
Co.—
preferred
Company,
.10 6%
Telephone Co.
1
e-
&
25c
(quar.)
(quar.)
(quar.)
7-
6-
Ohio
1
6-21
Ohio Associated Telephone—
Otter
preferred
preferred
preferred
Nathan
85c
1
6-
6-26
25c
6-
6-11
1
933/4C
(quar.)
May McEwen Kaiser Co. (quar.)
Maytag Company
(quar.)
6-15
6-12
7-
1
1
6-30
(irreg.)
Nash-Kelvinator
6-
6-
Chemical
6-19
93%C
6-15
5-14
6-21
1
5-14
1
1
75c
(quar.)_.
5-14
25c
(quar.)
1
37'/2C
5-28
1
1
5-15
1
$1.50
(quar.)
30c
(quar.)
60c
(quar.)
2
3
5-2©
7-
t$l
Mills, Ltd.,
preferred (quar.)
6-
3
1
1$1.50
(s-a)
Power, 6% pfd. (quar.)
Flour
6-
6-
1
6-
$1.12%
Co.
(quar.)
(quar.)
Candy
35c
,
s-a)
162 %c
(s-a)
(quar.)
7-
preferred
20c
6-
5-17
6-
Service
Telegraph
Pharmacal
$1.25
37 %c
Development
4y4%
preference
Co.
7%
6-
A
52V2C
Common
i'f$1.25
5-28
50c
25c
class
Mutual
Massey-Harris Co., Ltd.—
Master
t$1.75
t$1.75
6-16
7-
6-25
Ogilvie
2
*7-
10c
5-28
2
7-
National
—
2
7-
$1.183/4
$1.05
Fund, Inc.
7-
Public
preferred.« (quar.)
40c
1.25c
Massachusetts Investors Second
Oak Mfg. Co.
37y2c
5c
Maryland Casualty Co.—
$2.10 prior preferred (s-a)
$1.05 convertible preferred <s-a)
5-28
5-14
$1.50
common
2
1
5c
Realization,
7-
6-
$1
(quar.)
Nutrine
6-
40c
common
5-13
6-15
$1.75
(accuir I.)
pfd.
6-15
4y2%
6-15
6%
1
2
4%
6-30
6%
2
5-14
6-19
5-13
6-21
Mutual
7-
6-15
6-30
Muskegon Piston Ring
Muskogee Co. (quar,)
1
Nova Scotia Light &
12y2c
50c
5-29
7-
5-18
42%c
5-28
7-15
1
6-15
5-14
$1.25
(quar.)__
6-
8-14
5
7-
Norwich
5-15
6-10
6-
5-10
1
6-15
1
1
Northwestern
50c
&
6-11
933/4c
(quar.)
6-
1
6%
preferred
Northwestern
1
6-
6-
3 3/4 %
5-10
1
2
$1
(quar.)
Northland Greyhound Lines—
5-10
5c
7-
$1.25
preferred
1
7-
35C
5-20
.5%
1
9-
$2
8
Northeastern Water, $4 preferred (quar.)___
States Power
(Wis.) —
7-
112c
144c
175c
125c
6-25
183/4c
Northern
6-
1
(quar.)
Oil, Ltd., 7% pfd. (accum.)
(Warren)
see
Warren
(Northam)
6-
6-
5-
7-15
5-31
Insurance
50c
$1.22
25c
5-14
6-15
■
$1.75
5-31
60C
4
5-31
1
$1.75
5-25
$1.06 y4
7-
6-
6-25
125c
1
25c
(quar.)
'
25c
(quar. )-
6-15
*7
6-18
t25c
Co., 7%
Marsh
preferred
<quar.)__,
(quar.)
common
1
6-10
6-
1
preferred
(accum.)
preferred (accum.)
35c
Corp.,
7-
25C
7
7-
$7
6-15
1
35c
Marion Power Shovel
6%
(quar.)__
preferred (quar.)
-_i
preferred (quar.)
Munising Wood Products, common (quar.)_
5%
convertible preferred
(quar.)
Munson Line, Inc., new common (initial)—
Murphy (G. C.) Co., common (quar.)
43/4%
preferred (quar.)
Muskegcn Motor Specialties Co.—
6-15
5-27
6-
125c
6-
6-15
6-9
20c
62%c
Supply Co
(increased
25c
(quar.)
Corp., 5% preferred
Magnesium Products
Co.,
Northam
1
lc
15c
preferred
Marathon
Sons
6-
;
}50c
(quar.)
Mapes Consolidated Mfg. Co.
Maple Leaf Gardens, Ltd
(M.) &
Marshall-Wells
1
5%%
6%
20c
75c
Co
Company (increased)
& Co. (quar.)
C.)
7-
6-15
*
Copper
$2
(s-a)__
E«tra
MacPadden
(R.
5-24
Star
lc *
Mfg.
investment Corp.—
North
Mullins
4
American
175c
6-21
$3
6-15
1
North
5-28
6-15
V2C
1
6-10
1
15C
quar.)
$1.37%
7-
6-
25c
(quar.)
Extra
(initial
com.
6-12
6-2©
River
7-15
1
Consolidated
12-16
North
125C
i
Products,
M.
12-23
6-16
Producers
Sales—
Semi-annual
20c
5-14
65C
Ludlow Manufacturing &
New common (initial)
80c prior preferred
2
Extra
7-
5-14
$1.62,/2
Mining
5-
Lynchburgh & Abingdon Teiegraph Co.—
Metal
Oil
6-
6-16
»
1
12-16
1
(quar.)
6-15
$1.06
9-2©
6-
12-23
7-
(quar.)
Corp
15C
preferred A (quar.)
(W. M.) Co., Ltd. (quar.)
1
59 %c
6-30
—
10-
$2
Corp.
Diablo
20c
$$1.12%
common
6-14
Co.
preferred
6-
common
Lines
88C
$2
1
Wheel
1
prior
.
$1.25
Mills
Products
7-
80c
87 %c
5-28
Corp. of America, com.
Paper
20c
87%C
'
7-15
preferred
Plan
prior preferred
6-15
6-19
(quar.)
Paper Mills,
4%%
Morris
2
preferred
preferred
80c
1
6-19
& Co
P.)
7%
5-28
7-
15c
Ltd.,. common
12 V2c
__
(quar.i
(s-a)
Sons
(J.
Morgan
5-28
6-12
6-20
$1.50
Tool
Moore-McCormack
Morris
(irreg.)
preferred
1st
Nashville
Lowenstein
5
5-
(Md.)—
(Mo.)
Co.,
Louisville
5
5-
1
50c
(quar.)
5-
1
6-
80c
(quar.)
1
6-
25c
—
6-
$25c
20c
(quar.)
'if
6-12
1
7-
American Refractories Co
preferred (quar.)
Corporation, Ltd., common (quar.)—
preferred (quar.)
'
preferred A (quar.)
preferred (quar.)
Handley Hardware, common
preferred (quar.)
Moore
75c
A
*
$1
$1.25
50c
Co.,
Machine
preferred (quar.)___
Angeles' Investment (quar.)
Angeles Transit Lines (quar.)
Marine
preferred
6-10
6-
\.7» 1
mm m. mm mm
North
(initial)
B
held
5-25
(quar.)
prelerence
Chemical
series
shares
Corp.—
5-14
Knitting Co., Ltd.;-common (quar.)
4% %
2-24
100
Power
1
Mojud Hosiery Co., common..
5%
preferred (quar.)
Molson's Brewery, Ltd. (quar.)
8-24
each
American Finance
Electric
50c
50c
5-15
11-24
for
Wisconsin
6-15
Mills__i.__!^.
5-
5-15
9-10
North
of
6-
Mohawk
Carpet
shares
common
25c
1
1
50c
7%
Mahon
S.)
(J.
stock
dividend)—
Three
$1.15
1
12-10
5-20
1
»
<quar.)__
(quar.)__
Mobile & Birmingham RR., 4% pfd.
3-10-49
6-
6-2*
1
L
1
—
5-25
5-27
7-
30c
1
6-10
6-10
(quar.)
common
convertible preferred (quar.)
North American Co. (partial
liquidating
(quar.)—__
Corp
common
6-
1
5-20
6-
6-10
50c
15c
Corp.,
$2
50c
(quar.)
Co., Ltd.
(quar.)
Taylor,
Magma
Co.,
6-
$1.10
Groceterias, Inc.
&
preferred
t25c
LOrillard
Service
6-
$1.10
Long Eel! Lumber
M. 3.
Utilities
Guaranteed
Star
Lyon
Public
Missouri
6-
$1.10
1
capital
B
~ 4%%
Lowney
5-20
$1.10
Long Eell Lumber
V
1
7-10
5-20
1
6-30
50C
Mining Corp., Ltd
American Car
payable of Ree*.
Share
55c
(quar.)_
Mississippi Glass Co. (irreg.)
Mississippi Power, $4.60 preierred
87'/2C
■:% $4 class A (accum.)
Los
6-
Normetal
7%
:
75c
Extra
Los
5-20
5% pfd.
25c
(quar.)
%::C Extra
•
1
Co.—
Groceterias,
&
6-
1
1
6-
50c
*
(quar.)
& Light,
Power
Common
Mitchell
Little Schuylkill Navigation RR. & Coal Co.
Semi-annual *
Lord
10-23
$$4
capital
capital
capital
-
Lone
1
5-20
66-
80c
(quar.)
preferred
Missouri
_
Corp. com.
preferred (quar.)
Loblaw
11-
Ltd.—
Carbonic
fv; Class
Common
Minnesota
7-24
$1.75
preferred (accum.)
Link-Belt
Co.
(quar.)
Loblaw
1
37 %c
quar.)
6%%
Miami
8-
1
Mining & Manufacturing-
Minnesota
6-15
1
30c
(quar.)
B
Original
Original
O.'iglual
Special
Special
Special
i ! Special
7-
$1.50
$1.37%$1.27%
$1.25
(quar.)
preferred A
'3.2p%
1
6-
37'/2C
Class
Original
6-10
& Telegraph Co.—■
(initial
Little
1
6-15
30C
(quar.)
Lincoln Telephone
.
7-
30c
/;./ Common
3 % %
5-11
$4
Quarterly >'
Lincoln Stores, Inc., common (quar.)
Liquid
1
15c
Quarterly
Lindsay
5-/1
6-
6%
5-21
1
37%c
Lily-Tulip
7%
6-10
$1
—
Corp.-:
6-
$1.75
__
Savers
15C
40c
Quarterly'
Life
6-22
<
1
Holder*
When
Per
y% Name of Company
North
Minneapolis
7-
30c
4#
(2405)
i
RR.
Co.
common
common
Germantown
&
Norristown—
$1.50
Extra
6-10
6-
6-30
6-15
5-24
Philadelphia Suburban Water
$3.65 preferred
(quar.)
Philadelphia
Co.,
1
5-15
6-
1
20c
common
5-2©
6-
6-
1
91 %c
i.
4
25C
Philadelphia Suburban Transportation iquar.)
6-
25c
(quar.)
6-
1
(quar.)_
(quar.)
6"
5-15
5-11*
.
5-11*
'
6-15
5-14
50c
6-15
6-
75c
6-10
1
5-12
Philco
Title
$4
Insurance—
Corp. com. (quar.)
3%%
preferred A iquar.)__
;
6-30
50c
,6-12
6-
V-
6-15
93%c
1
*6-l©<
1
50
(2406)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, May 31, 1948
■
Per
!
Name of Company
Phillips Petroleum
Pickle
Crow
Pillsbury
Mills,
preferred
$4
Share
(quar.)
Gold
75c
Mines,
Ltd
Inc., common (quar.)
4%% preferred (quar.)
Pittsburgh Bessemer & Lake Erie RR. Co.—
6 %
preferred (s-a)
Pittsburgh Coke & Chemical—
preferred
Pittsburgh
$1.50
Co.,
7%
Co.
Phoenix
Hosiery
5-28
6-21
1
6-
1'
6-
1
'
5-15
of
payment
$2.50
first
two
6-11
25c
7-
1
6-16
62 %c
6-
1
5-14
6-
$1.37 %
1
1
4
preferred A (quar.)
5% preierred A (quar.)
St. Regis Paper Co., common
4.40% 1st preferred series
$1.25
5-14
Ry.
Scott
preierred
6-
1
5-20
A
Paper
Co.,
preferred
$3.40
Scranton
$1.75
Scruggs
(quar.)_
A
6-10
5-10
15c
1
6-18
$4.50
Development,
+25c
6-14
5-22
7-
1
6-15
Plastic
Materials
6-
2
5-20
Plymouth
Poor
&
Oil
50c
(quar.)
5c
(increased)
Co.
class A
of
37Vic
:
(quar.)
America
River
Pratt
Food
Price
Co.,
Co.
Bros.
Procter
Sears
35c
6-15
6-
1
6-15
6-
1
J40c
6-15
5-27
6-15
Ltd.
(quar.)
(quar.)
Gamble
Provincial
Co.
Service
of
(Stock dividend)
diana Gas
3%%
&
4 %
pfd.
5-27
6-
1
5-22
7-
1
6-
6-
6-15
$50c
(quar.)
1
6-15
$1
1
5-20
5-25*
5
6-
l/20th of
for
Inc.,
share
a
each
6-1
5-14
of
share
In¬
6-
1
5-15
6-
87Vic
1
5-15
(quar.)
45c
6-15
5-28
35c
6-15
5-17
preferred (quar.i
preferred (monthly)
$1.25
6-15
5-17
50c
6-15
5-17
7%
preferred (quar.)
8%
preferred (quar.)
PubJfc Service Electric & Gas—
$1.75
6-15
5-17
$2
6-15
5-17
$5
6 %
$5
Corp.
preferred
7%
of
N.
J.,
com.
Sterling Drug, Inc.
Sterling
Sterling
Electric
6-15
Stern
Stern
6-
7-16
Stix
6-12
5-28*
Stokely-Van
8-
7-17*
$1.25
additional
each
share
Pullman,
Pure
5%_
common
preferred
$2
7%
7-
6-15
1
preferred
Roller
Reeves
5-
7-
1
6-10
5%
6-
1
5-17
1
5-
Products,
Ltd.,-
5-28
Simonds
Simpsons, Ltd., 4%% preferred
Singer Mfg. Co. (quar.)
convertible
7-
1*
$1.25
7-
1
6-
1
j#-6r24
A
(quar.)_
6-15
(increased)
Skilsaw,
Inc.
Common
3%%
6-18
6-
3
Smith
25c
7-
1
6-
6-
1
5-14
Soss
preferred (quar.)
$1.60 non-cum. pfd. (quar.)
Reliance Grain Co., Ltd., common
•;4% preferred (quar.)
t40c
9-
1
8-13
Soundview
non-cum.
Reliance
Insurance
Co.
of
t40c
;
Mfg.
3Vi %
.
Co.,
common
preferred
Remington
$4.50
Rand,
Inc.,
South
Bend
South
Carolina
6-15
5-31
(quar.)
Steel
Corp.,
6%
convertible
Revere
Copper
6-
8
Southern
6-
8
4.88%
Reynolds Metals Co., common
5Vi% convertible preferred
Manufacturing
4vi%
Rice
Co.,
(quar.)*
preferred
Ranch
Rice-Stix
7%
1st
7%
Oil
(quar.)___
com.
6-10
Southern
Natural
Gas
Co.
6-10
Southern
Pacific
Co.
6-10
Southern
Railway
Co.,
common
7-
1
6-10
5%
non-cum.
preferred
1
5-10
5%
non-cum.
preferred
2
7-12
Southwestern
1
6-21*
Southwestern Investment Co.
7-
1
6-21*
7-
1
6-10
Richfield
Oil
Corp.
66-
1
3
5-17
5-21
$1.75
9-15
1
6-15
10-
1
9-15
Co.
(quar.)
6-11
5-28
50c
quar.)
Corp., common (quar.)
A
(quar.)
Riley Stoker Corp (quar.)
Robbins & Myers, $1.50 partic.
pfd. (quar.)_
H.)
6-15
1
7-
$1
Textile
(H.
1
10-
$1.75
(quar.)
7-
$1.75
$1.75
•_
preferred
Robertson
6-23
5-26
50c
6-10
6-
$1
6-15
(quar.)
Rochester Gas & Electric Corp.—
4% preferred series F (quar.)__
Rock of Ages Corp.
(quar.)
6-
1
4
10c
6-15
5-31
37%c
6-15
6-
50c
Robinson, Little & Co., Ltd., class A
5
6-10
5-24
6-
J25c
5-15
1
.
■
$1
5%
5%
Inc.
Crown
Common
12-
1
66-
5
1
5-20
5-14
7-
1
6-15
$1.25
7-
1
6-15
$1.25
7-
1
6-15
Spalding
Rumford
Ruppert
(quar.)
Ky.)
(A.
Increased
6%
$3.75
Co.,
(Jacob),
Ltd.
Lead
(s-a)
Quarterly
Brands,
Standard
S3.50
&
6-
2
$1.60
convertible
5-18
Standard Oil Co.
1
5-15
6-1
5-15
Standard Oil of Kentucky
Extra
(reduced)
(quar.)__
;
Joseph Water Co., 6%
Indiana
preferred
1
6-, 9
.
Tide
Mills
preferred
5-10
5-1
Tilo
Roofing
Times,
Inc.
6-30
6-15
Timken
6-15
5-14
Tivoli
6-
1
Toronto
6-
1
Treesweet
6-18
6-
7
Trico
5*31
5-15
5-31
5-15
1.
6-15
7-1
6-
1
5-17
4
5-20
6-
1
(Five
5-15
6-10
6-11
6-
6-10
5-21
Standard
Railway Equipment Mfg.
$1.50
6- 1
5-11
Standard
Stoker
Co.,
5-21'
6-15
3c
6-
7-
6-30
Gas
1
6-
1
5-11
'
6-15
5-28-
%
6-15
5-28
-
$1.75
6-
4
5-11-
6-
4
5-11
6-10
5-28 «
5-31
5-17'
60c
Iron
5-31
5-17-
5-31
6-17
7-15
6-15'
7-15
7-
1
6-15*'/?
6-15:'Vi;
7-
1
6-
5-18
6-15
6-
1
6-15
6-
1
_
30c
6-
1
5-10
93%c
7-
1
(quar.)
6-15
5-25
6-10
6-
75c
6^
5
5-20
6-
1
5-12
6-
1
5-20
6-
1
5-20
6-
1
5-15
25c
7- 8
23
25c
9-30
115c
(quar.)
Tudor
Coal
Co.
6-
.
115c
14
7- 2
7-
25c
■15; f
2
15..
1
28
6-10
■
ns
25c
8-16
25c
11-15
$1 75
10
10
fi-15
30c
(quar.)
18
1
*>■•••!•'
6-10
...
City Fourth Unit, Inc.—
6%
preferred
(accum.).
1*
6-15
5-14
$1.50
(quar.)
convertible
6-15
5-14
$4.50
prior
9-15
B-13
208
6-15
6-5
6-
1
5-21
6-
1
6-
1
5-21
Quarterly
Tyler Fixture Corp.,
5%% preferred A
5%% preferred B
6-
1
5-21
Inc.
Underwood Corp.
7-15
7-13
Union
Asbestos
Carbide
Union
Oil
$1
Uarco,
Twentieth
5-21
$1.06%
115c
<quar.)_
common
South
1
5-13
5-15
6-15
6-
8
Union
6-
5
Union
Sugar
6-15
6-
5
Union Tank
6-
1
5-18
1
5-18
Common
6-10
5-14
Preferred
(quar.)—
6-
7
37%c
6-30
6-
tri
$1.12%
(quar.)
(quar.)
Street Corp.
6-30
6-15
6-
l:
S2%c
7-
1
6-19
02 %c
10-
1
9-18
(s-a)
27%c
6-
1
5-17
(s-a)
27%<*
B-
1
5-17%
—
30c
5-25
75c
Rubber
&
&
(quar.)
Carbon, new
5-15
A
com.
(initial)
Car
(quar.)
7-
2
8-10.
50c
7-
1
6-
1
6-
1%
25c
6-1 n#
65c
6-1
5-17:
9c
6-20
6-10#*
31c
(quar.)
6-10
6-20
6-10.(1%
6-10j4
Funds-
stock
fund
stock
'
4%.
5-20#
6-10
*7-
$2.50
(quar.).,
Co.
Trusteed
93%c
Co
RR.
Co.
Ji
6-15
17%r
California
preferred
6.-
preferred
Salle
Pacific
6-15
of
50c
preferred
La
6-1
Union
6-
Century-Fox Film Corp.—
Common
fund
6-15
6-
1
Bond
fund
A.;
19c
6-20
7- 5
6-15
Bond
fund
B..__
17c
5-25
Bond
fund
C
^
6-20
6-12
8- 2
7-15
Union
8- 2
7-15
United
6-7
;
5-28
6-20
Wire
10c
Rope
Corp.
(quar.)
Corp., 5% preferred (quar.)
Common
(irreg.)
United Air Lines, Inc.; 4%% pfd. (quar.)—
United Amusements, Ltd., class A
6-10
6- 4
5-24
6-15
5-14
United
Biscuit
Co.
of
6-15
6-1
United
Carbon
Co.
(quar.)
Class
B
Fastener
United
United
Corp.,
4-30
United
Corporations, Ltd..
$1
7- 1
6-19
6- 1
5-20
6-15
5-14
:
>6-10
6-
United
Inc
B-'
5-29
' 6-15
5-29
$1
6-10
5- 3
Electric
Gas
Illuminating
Coal
(accum.)
Improvement
50c
7-
5-28:
_
1
6-2*.;,
6-31
7-
$1.75
4-30
6-11
1
6-29
55c
1
58%C
•
50c
6-
1
v
1
53c
(monthly).
37%c,\
93%c
6-15
.
Molasses, Ltd.—
Ordinary ^(final)
6-24
1
5-20
7-1
6-15
:
5-24
7-15
25c»
6-
50c
Bonus
United New Jersey
Universal
•
U. S.
*
41-
5-14',#
5-28 C
6-11*
1
'
"6-1
;
7- 6
RR. & Canal Co. (quar.)
Pictures, 4%% preferred
Casualty Co., 45c
17% %
2%%
...
conv.
(quar.i)
preferred (s-a)
##
6-10
65c
(s-a)
6-10
~J
United
5- 8
.
5-18:
5-20
6-10
6-15
>-
#
5-15;
5-15
1
25c
Co._
prior preferred
5-31
6-
•
5-20
I-
6-10
75c
Cos.*
United Light & Railways Co.—
7% prior preferred (monthly)
6.36% prior preferred (monthly)
6%
5-31
*250
—
Dyewood Corp., 7%. pfd.
Elastic Corp.
(quar.)
United
5-11
-
6-15
6-1
t50c
5-14:##
5* L
i
5-11
v
$1.12%
#
8-29
t
6-15
75c
(quar.).:
-
United
1
$1
40c
—
;
$3 preferred
United
6-10
,
$1.75
Chemicals.
1
25c
(quar.)
5-15
4-30
Class
.6-
50c
6- 1
6- 1
6-io:!
6-15
$1.25
t50c
America
6- 1
•;
G-20
20c
Aircraft
t$1.25
_•
5
12%c
(quar.)
Ltd.,
partic. class A
Truax-Traer
200
——
6-10
25c
(quar.)
& Williams Steel Forging Corp
Trinity Universal Insurance (Dallas)
Quarterly
Quarterly
Troy & Greenbush RR. Association (s-a)
5
35c
(quar.)-
0^
20c
Works,
1
40c
(quar.)*—.
*
$1.12%
25c
1
(quar.)
6-
tlOc
:
i
5-15
6-15
Co
6-
50c
each
•?
6-10
6-
12V2c
Products
&
f
1';'^
1
6-
Co
6-21
6-10
Inc
4-15'
6-25
Bearing
6-11
_
Oil of Ohio, common
preferred• (quar.)
1
6-15
50c
$1
Transue
5-14
15©
for
J5c
75c
Inc.
50c
(quar.)...
shares
6-
lM
1-
Oil Co., com
Elevators, Ltd.
Oil
Toronto
6-15^
6-
5-15
25c
Realty & Construction— •
Quarterly
Quarterly
Toiedo Edison. 4%% preferred (quar.)
6-18
7-
1
Tishman
6-17
1
6-
5-14
50c
(increased).
com.
(quar.)
Co.,
Br.ewing
6-30
7-
6-
—
(interim)
Roller
6-30
6-28
6-15
31%c
(quar.)
dividend)
(quar.)
Water Associated
6-10
•
(quar.)
75c
(quar.)
6v.
1
(The)
(stock
(initial)—,
common
6-1
40c
$3.50 preferred
7- 1
3%'%
preferred
Fair
Co.
United-Carr
Standard Oil Co. of New
JerseyCash dividend
(irreg.)
Standard
See
Shovel
87%c
6-1
1
6-19*
6-15
1
6-
$3c
(quar.)
25c
...
6-14
40c
12 %c
held)
convertible
Fair.
Thompson Products, Inc.,
4%
preferred (quar.)
94c
12%c
Co
$1.25
New
6-15' H
7-1
7-
25c
(quar.)_
#
#
57%c
(quar.)
Thomaston
$1.12%
Extra
shares
preferred
5-25
50c
(Detroit)—
$1.12%
common
Co
of
6-15
25c
-*—
Extra
$2.30
United
of Kansas,
7- 1
6-15'
10c
5-17
$1
5-25
5-14
40c
(quar.)___^
(quar.)
5-17
40©
6-
1
30c
(quar.)
(quar.)
common
1
(quar.)
6-15
of
6-17
6-
25c
(quar.)
common
1
(quar.)
Co.
dividend
Mills,
6-
preferred
Co.
Oil
8- 2
50c
6-14
California
Oil
Stock
Oil
(Del.)
6-
$1.37%
$1.37%
_
Standard
1
5-7
Dredging Corp.—
Standard
5-21
&
preferred
Inc.,
$1.50
preferred
(quar.).
Ltd., common (quar.)
(quar.)
Coosa-Thatcher'
5-14
7-
1
4% %
Textron
5-7
6-
$1
common
6-30
50c
pfd.
7%
Extra
2
6-1
$1
common
6-
6- 1
5-24
1
$3.75
-
6-15
6-30
75c
36 %C
In#.,
6-
7-15
5-14
1
Flour
10c
(quar.)__.
6-15
25c
6-
6-
Inc.—
common
5-17*
$1
Corp.—
—
Service
37Vic
Bros.,
Co..
preferred
6-12
6-
6-
6-11
Coal
Public
45c
$1.60 convertible
Standard Chemical,
5%
Pacific
Extra
Texas
40c
preferred
(quar.)_
Standard Cap & Seal Corp.—
Standard
•
Texas
1
—
.
Standard
„J50c
Works
Manufacturing
G.)
preferred
1
12%c
6-
Union
Standard Accident Insurance Co.
2
12%c
5-18
5-18
20c
quarterly
$4 preferred
(quar.)
$4 preferred A (quar.)
Staley (A. E.) Mfg. Co.,
6-
1
1
1
6-15
25c
preferred
(quar.)
Spear & Co., $5.50 1st pfd.
(quar.)
$5.50 2nd preferred (quar.)
Spencer Kellogg & Sons (quar.)
Spiegel, Inc., $4.50 preferred (quar.)
Springer Sturgeon Gold Mines, Ltd
Squibb (E. R.) & Sons, common
6-
37%c
66-
25c
(Dallas)
(s-a)—
-
20c
(quar.)
4-30
1
$1.35
(quar.)
-
$1.25
convertible
6-12
—
(quar.)
preferred
Joseph
pfd.
Works,
Haute
Extra
75c
quar.i
50c
(quar,)1
Chemical
(increased
20c
(Louisville,
Water
Texas Gulf Sulphur
1
25c
20c
$1.50
Terre
1
6-
$1.25
;
Sparks-Withington
6-15
2
1
6-
Southwestern Public Service—
$$1.06%
1
6-
5-17
(quar.)
6-v 1!'
2
6-
20c
6-15
1
pfd.
1
7-
v'--
Chemical
6-15
6-
(quar.)
7-
30c
37%c
com.
Quarterly
30c
(quar.)
(quar.)
Bottling
preferred
Royalite Oil
St.
12-10
$1.25
(resumed)
Inc.
(quar.)
Corp.
Roxy Theatre, Inc.,
St.
1
pfd.
Service
(interim)—
Corp.
$1
(quar.)
5% sinking fund pfd. (quar.)
Southwestern Life Insurance Co.
20c
Hotel,
Industries,
Rowe
Ruud
1
9-
30c
Extra
4%%
6-
9-10
20c
&
Roosevelt
5%
5-14
6-10
25c
Mfg.
Co. (increased)
Co., common (quar.)
preferred (quar.)
series A preferred (quar.)
prior preference (quar.)
Royal
1
25c
Holland Paper, Ltd., 4%% preferred
Ronson Art Metal Works (quar.)
Ross
6-
25c
Quarterly
Quarterly
Rock wood
conv.
Common
(quar.)
(increased
conv.
Electric
5-14
$1.75
6-15
$0.2656
(quar.)
5-28
5-14
1
tl2%c
Special
5-17
(quar.)—
8-
7-
$1.12%
Tennessee Products &
1
(quar.)
6-
5-26
Tennessee
1
6-
(quar.)
(quar.)
(quar.i
6-
5-
(quar.)
2
6-15
Co..
5.-31
25c
_
2
40c
Power
preferred
6-28
5-31
(quar.)
90c
Richardson Company
5%
pfd.
7-
lc
preferred
2nd preferred
Rockwell
Water, 4%
(quar.)
7-, 6
1
66-
27c
(quar.)
(accum.)
6%
2nd pfd.
7-28
30%c
7-
5%
7%
preferred
6-30
$1.12%
6-21
$1
1st
Telluride
Edison—
California
preferred
7-15
6-15
37%c
C-' \>
Ltd.—
preferred
6-15
40c
(quar.)
$1.37Vi
Co
2nd
$4
preferred
California
$1.31%
(quar.)
5-29
$2
Bag & Paper—
(quar.)
25c
Goods
preferred (quar.)
preferred (quar.)
7%
Riegel
4%%
Dry
1st
7%
Southern
7-15
preferred
Teck-Hughes Gold Mines. Ltd.
Telephone Bond & Share—
6-10
6-15
10c
$1.50
(quar.)
Reynolds (R. J.) Tobacco Co.—
3.60% preferred (quar.)
Rheem
7-15
2
5-14
convertible
25c
(quar.)
25c
prior preferred
Brass, common
preferred (quar.)
# 5% %
Advance
preferred
8-
5-31
1
7- 2
50c
25c
&
6-10
6-
5%
31%c
(s-a)_
6-V 1
56%c
Taylor Pearson & Carson
$3.75
(quar.)__
1
Southern
6-15
62%c
1
2
6-15
convertible
60c
com.
'6- 5
6-30
50c
35c
25c
(quar.)
common
Extra
-
Gas,
7-
8-
1
6-30
4.32%
Co.—
25c
Republic
7-
(quar.)
45c
Sugar, common (increased)
7-
15c
preferred B (quar.)
Republic Petroleum
(quar.)
5-24
The
(quar.)
5-25
6-15
10c
preferred
10c
Southeastern Greyhound Lines
Southeastern Public Service
6-10
1
Thew
(quar.)
&
25c
6%
,
Works
Electric
6-15
15c
(quar.)
common
Inc.
75c
6-16
4-20
5-24
7-
5-25
(quar.)
5-15' *
*6-18
Taylor & Fenn Co.
6-14
5-14
(quar.)
5-15*
1
1
6-28
$1.25
Extra
25c
5-19
5-30
Talon,
2
5-19
(quar.)
1
15c
Inc.,
6-
25c
preferred A
Lathe
preferred
4%%
(James),
6-2
6-14
(quar.)
66-
t20c
$1
(quar.)—
(quar.)
6-22
6-15
Laboratories
5-14
5-10; /
75c
:
7-2
6-15
-
1
1
tl%c
Corp.
87%c
1
6-30
Talcott
70c
Carpet
7-
6c
5-21
$1.50
(quar.)
6-
15c
preferred
'
1
40c
(quar.)
35c
Co.
preferred
"
7-
Sons
6-
62Vic
6-
$$1.12%
*
$1.12Vi
Reo
Motors, Inc. (quar.)
Republic Investors Fund, common
6% preferred A (quar.)
Taggart
J30c
(quar.)
6-
f
6-
10c
iquar.)
common
97%c
25c
common
5-25
$$1.25
common
87Vic
(quar.)
(quar.)
(quar.)
(quar.)
common
South Porto Rico
8%
6-15
75c
(quar.)____
Pulp
5-31
5-21
5%
30c
&
Oil
Co.
11-12
6-15
com.
French
Corp.,
1
5%
5-25
56%c
(quar.)
convertible
Mfg.
6-15
50c
(quar.)
preferred
Sonotone
J75c
Philadelphia—
Semi-annual
Reliancf
12-
&
$$1
(initial)
6-15
A
Tex-O-Kan
(quar.)
Socony-Vacuum
$1.25
Class
20c
(quar.)
6-18*
50c
(quar.)
(quar.)
50c
(quar.)
Kline
$40c
3
5-25
Company
J20c
Steel#(irreg.)
preferred
(quar.)
preferred
Ltd.,
preferred
(Alexander)
6-15
6-
1
6-15
t50c
pfd.
i»S10£s-Sueffield Steel & lro§*
1
7-
Tacony-Palmyra Bridge,
$1.50
1
6-30
&
preferred
7-
25c
5-20
50c
4%%
City Gas & Electric,
7-
30c
1
t25c
Extra
f Smith
6-
25c
(quar.)
Co.,
& Sons,
Saw
$1.18%
1
preferred
redeemable
3.9%
6-15
Sylvanite Gold Mines, Ltd.
Syracuse Transit Corp
Corp.—
5-21
Regent Knitting Mills, Ltd.—
$1.60
Publishing
6-12
15c
6-18
i$1.75
(quar.)
6-10
12ViC
Swift
5-18
1
62%c
preferred
Simmons-Boardman
Sioux
5-18
1
7%
(quar.)
5%
(H.)
5-ZO
1
7-
1
1
6-15
25c
6-
&
7-
15c
.»
(quar.)___
6-
$1
(quar.)
common
Simon
6-10
Co;
(quar.)
50c
1
50c
6-10
Co.
50c
9-
6-11
Mining
50c
9-15
5-15
1
40c
..
Company
(Franklin) &
5-15
7-
25c
(quar.)_
Simmons
1
6-10
Canada—
Simon
1
Sunset-McKee
5-14
1
25c
15c
Sutherland Paper Co. (quar.)
Swan-Finch Oil Corp., 6% preferred
4%
2nd
preferred
(quar.)
1
7-
6-18-
25c
(quar.)__i
Co.
(quar.)
Sunshine
6-
1
50c
5-10
25c
(quar.)
$1.75
preferred
(quar.)
non-cum.
of
1
1
Co.
(quar.)—
6-
59%c
6-
7-
Oil
preferred
iquar.)____
6-10
4%%
common
5-15
6-
Sun
participating
Corp.
6-15
1
5-31* !
7-
1
$1
40c
$1.25
5-28
6-
12-31 #12-10
6-16-
6-10
t60c
A
25c
(quar.)
Co.
preferred
5%
Sunbeam
7-
75c
(s-a)
22c
common
6-15
50c
Extra
$1.60
Corp.,
——
6-28
56c
Ltd.—
21%c
(quar.)_
(quar.)
Signode Steel Strapping,
$3
A
Co.,
50c
6-
1
Class
6-10
Co.—
6-15
25c
(quar.)
(quar.)
Co.
Inc.
preferred
B
Silknit,
5-31
7
Oil
10c
(quar.)
Power
Extra
1
class
A.)
25c
(quar.)
37Vic
preferred
4%%
Bit
Bros.,
&
A
25c
(quar.)
Stores,
Co.
40c
(quar.)
Company
(quar.)
Corp
6-
25c
Owl
Water
preferred
Class
(quar.)
Common
5-15
.
31%c
preferred (quar.)
of America, class A (quar.)
Breweries, Ltd. (increased quar.)
Sigma Mines, Ltd.
(s-a)
Signal Oil & Gas Co., class A (quar.).
5-28
(D.
5-18
•6-30' 1
6-25
50c
(quar.)—
common
20c
G.)
25c
Reading Co., 4% non-cum. 1st pfd. (quar.)
Reading Tube Corp.—
50c participating
class A
(quar.)
Real Silk Hosiery Mills, common
(quar.)
5% prior preferred (quar.)
Red
7-15
5,-15
6-30 r
preferred
Screw,
Stuart
6-1
7-15
25c
pfd
Webster, Inc
"
Coke & Coal (quar.)
Superheater
Extra
100%
-
Stowell
.'6-19
10c
Sick's
60c
Extra
Reed
5-28
$1.50
(quar.)
(quar.)
Raybestos-Manhattan
Inc.,
6-15
&
Inc.,
25c
35c
Electrotype Co.
Quarterly
Rath
Packing Co,
Rayonier,
$1.183/4
6-19
1
$10c
Co.
Sherwin Williams
Shoe
prior
50c
*
6-15*
25c
Textiles, 4% %
(quar.)I.
Camp,
2
15c
Fuller
&
7-
<
25c
25c
25c
Rapid
Ray-O-Vac
cdmmon
Manufacturing Corp.,
$1.25
(quar.)
B__
class
1
7-
7- 1
6- 1.
6- 1
Investment,
(quar.)
1st
25c
(quar.)
Purity Bakeries Corp. (quar.)
Quaker Oats Co., 6% preferred
Quaker State Oil Refining Corp
Co.,
1
6-
50c
...
common
convertible
6-
6-30
5%
Stone
—
(quar.)
Truck
25c
Sheppard-Niles Crane & Hoist Corp. (irreg.)
Sherwin-Williams Co., 4% pfd. (quar.)
for
(quar.)
Co.,
Randall
stock
held
Inc.
Oil
share of
6-30
$1.75
(quar.)
Publicker Industries, $4.75 preferred (quar.)
Puget Sound Pulp & Timber iscock dividend) —
One
V
International
(Frank
Shellmar
4%%
5-14
6- 1
&
Baer
(quar.)
Motors
Motor
8-1
7
iquar.)_„
Ltd..':
Bros.,
6-17
$2.50<
preferred
5%
preferred
15c
B
Shakespeare
4%
9-15
12-15
6-9
$2.50??
7%
(quar.)
preferred
'
Shares, Inc
Seminole Oil & Gas, 5%
preferred
Serrick Corp., class A (quar.)
Sheller
9-30
12-31
6-30
' $19c
$31 %c
L"'
American
Shawinigan
held
(quar.).:
(quar.)_
Service
(quar.)
(quar.)
Security Banknote Co.,
$1
preferred (quar.)
Selected
Class
$1.25
$1.25
*15c
5%
Stedman
Stonega
(quar.)
Co.
Canadian
(quar.)
7- 1
'$1.12%
Ltd., 4% partic. preference (quar.)
Securities. Acceptance Corp., common
5%
preferred (quar.)
Shattuck
com.—
Public Service Co. of New Hampshire
Public
Second
preferred
6-15
15c
common
(Del.)
&
5%
5- 7
Inc.—-
(quar.)
(quar.)__„
5%> preferred
Co.
6-30
*6- 4
91'Ac
(auar.)__
preferred
Oil
$1.25
55c
pfd.
5-20/
Corp.
(quar.)
25c
Line,
Roebuck
Lithograph
preferred
7- 1
1
8-1
6-10./
5%
27%c
Extra
$1.06V*
Indiana,
Water
preferred
5-15
$$2
15c
(quar.)
Co.
1
,5%
Coiorauo—
ot
preferred
(s-a)_
(year-end)
Paper, Ltd.,
Service
4%%
Co.
6-
$2.50
preferred
Air
Seaboard
5-15
25c
(quar.)
&
&
Public
5-15
1
Inc.
Co., Ltd., 4%
Prentice-Hall, Inc.
Public
1
6-
(quar.)
Alexander,
Extra
v
6-
t50c
&
Extra
Powell
preferred
6-
10c
Powdrell
5%
Seaboard
6-28
50c
B
Potash
4*
Scythes & CO., Ltd.*
dtecher-Traung
85c
(quar.)
Co., $3.65
Holdert
7-iir >
7-10 '
8-1;
tlOc
15c
t$1.06
I
■
Payable of Rec.
J15c
—
Supply
6- 1
(quar.)
(quar.)
series A preferred
25c
Co.,
Class
Corp.
Co.
(quar.)*.
6-30
Common
7-
(quar.).
B
$1.10
(quar.)
common
(quar.)
Vandervoort-Barney,
50c
25c
A
Fuel
75c
common
Electric
Co
Ltd.-Planters Nut & Chocolate Co.
Class
8-27
11-29
Shdre
Ltd.
50c
(semi-annual)
Schwitzer-Cummins Co.,
%
9-15
12-15
$1.25-
*
4 % % pfd. (quar.)..
Remedial Loan Association,
Francisco
Company
Brock,
Class
Ltd.
6%
5-28
State
San
5-26
6-
6-15 "
When
Per:
Name of
quarters
5%
Placer
•
for
1948
6-
6-10
6-15
Holdert
Payable of Rec.
Stanley
Royalty Corp
Saguenay Power, Ltd.,
$3
20c
(quar.)
Above
5-20*
25c
Ashtabula
Share
Louis San Francisco Ry.—
5% preferred A (initial)
Sabme
«
(quar.)
Name of Company
When
St.
1
i
Co
Youngstown
&
preferred (quar.)
Pittston
7-
$1.25
1st series prior preferred
Pittsburgh
5-31
7-
Per
..
5-13
1
6-12
53Vic
Pittsburgh & Lake Erie RR. (irreg.)
Pittsburgh Metallurgical Co
Pittsburgh Plate Glass Co
Pittsburgh Steel Co., 5 % pfd. A (accum.)
5% %
5-7
7-15
15c
(quar.)
Forgings
6-
SI
,
Payable of Rec.
6-30
50c
—...
(quar.)
Holdert
6-1
tlOc
(quar.)
common
Pitney-Bowes,
$5
When
7-
$2.50
$1.06%
22%c
6
7-10
v
6-1
6-
1
r
'olume
Number 4703
THE
COMMERCIAL
Si FINANCIAL CHRONICLE
51
(2407)
['it*"
—
Per
Name iff Company
S.
fpil Co.,; class A—
20c
20c
Gypsum
Co.,
$1.75
,
6-
7-
1
6-15
7-
1
6-15
6-
$i.06y«V:
1
6-15
62'/2c
6-14
6-
22yac
,
7-
6-15
70c
;
8%
|.4%&
1 S.
Truck
Inited
Steel
50c
66-
1
6-15
5-25
6-30
50c
6-30
10c
6-30
50c
7-15
7-
1
6-
1
5-28
6-30
6-15
1
5-14
|alspar
Corp.,
$5.50
15c
1
6-
1
Raalte
-
West
$5
Wickes
5-17
(quar.)
50c
Iron,
-
___
_
5
Petroleum
Corp.,
62yac
62yac
35c
West
10-
1
1
6-
1
l
6-16
8-16
8-12
6-30
6-16
l&c
e-
1
5-i4
Woods
$1
6-
1
5-14
Woodward
25c
6-
1
5-21
Woodward
6-
1
5-21
(quar.)
75c
Texas
Western
Insurance
9
5%
Inc.
10c
Chemical
Coal
irginia
&
5-14
(quar.)
5%
5-17
Wright-Hargreaves Mines,
Ltd.
(quar.)
5-28
Wrigley
$1.25
7-
1
6-
5
Weston
6-15
6-
1
5-21
$1
.
preferred
(quar.)
t3iy4c
—
5-20
50c
6-15
5-15
25c
6-
1
5-10
(quar.)
(quar.)
87V2c
6-
1
5-10
95c
6-
1
5-10
Instrument
50c
6-10
5-24
common
5-20
6-
1
1
1
1
Electric
(George) Ltd.—
Common (increased quar.)
5-17
4%%
preferred
5-27
5-19
6-19
Co.
7-
1
8-
2
6-
1
5-14
10c
5-31
5-15
10c
Cab
•Transfer
5-31
5-15
37 %C
7-
2
6-10
a
books
t$1.12ya
6-
1
5-14
xLess
British
Less
7-19
Co.
not
closed
for
30%
income
Jamaica
7-31
7-20
25C
6-15
6-
$1
6-15
5-14
15C
6-30
6-22
1
25c
this
6-15
6-
1
15c
•
tPayable in U. S. Funds, less 157<>
tPayable in Canadian funds, tax
resident tax 15%; resident tax 7%.
$25c
(quar.)
2
1
10c
(irreg.)
(quar.)
6% convertible preferred (quar.)
Young (L. A.) Steel & Wire (quar.)
Youngstown Sheet & Tube
Youngstown Steel Car
Youngstown Steel Door (quar.)
Zeigler Coal & Coke;
Weston
6-
2-
Brake
Electric,
B
5-14
6-19
Yellow
7-
6-
25c
Co.
Extra
11-
2-15-49
$4c
25c
(Rudolph)
Wyandotte Worsted
8-
11-15
$1.25
(s-a)
8-16
$1.25
5-15
25c
J
Wurlitzer
1
preferred
6-
$1.25
1
6-
$2.50
(Wm.), Jr. Co.
Monthly
Monthly
Monthly
6-17
6-
3.8%
6-
50c
Dare, Ltd.,
1
6-16
$2
A
20C
Iron
6-
(s-a)
1
Air
6- 1
1
5%
pfd.
6-
preferred
4-24
;■,
1
Mfg.,
prior
$2.50
31/2%
1
6-21
(quar.)
6-
—
Westinghouse
Westinghouse
5-14
1
6-15
30C
Co
iking
irginia
1
6-
tl2c
___
(quar.)
ictor! Equipment
Pump Co
6-
25c
Ltd
Co.
(initial)
Worumbo
5%
(increased)_____
Co.,
W.)
5-26
5-12
(quar.)
Manufacturing
(F.
common
6-15
6-
•Extra
6-
25C
6-25
6-
2-
1
50C
•-
4-30
v
6-15
75c 2-15-49
12-
1
25c
(quar.)
•
6-16
7-10
6-
6-15
Common
12-10
6-28
$40C
a3%
$1.12%
6-10
$1.25
$1.25
$1.12%
6-21
(quar.)
6-16
(quar.)_
25C
preferred
5-20
6-28
(quar.)_
8-
5 %
5-31
50c
(quar.)
preferred
11-
Trust
common
6-
preferred
11-15
Estate
5-15
4
25C
prior
75c
Real
1
6-30
6-
$50c
prior
(quar.)
Western
&
3iy4c
(quar.)
cumulative
Common
1
Co.
convertible
5-14
9-
5-28
5-31
75c
(quar.)
preferred A (quar.)
preferred A (quar.)
,
5-28 ^
6-15
6-15
4y2%
2
9-10
6-12
4V2 %
6-
$1.25
28c
6-15
8-16
A
5-17
5-21
Co.—
—
preferred
7-15
1
75c
5%
Corp.
2
Co.
5%
6" 3
1
6-
7
$50c
(quar.)
5%
1
7-31
7-
(quar.)
1
6-
.
5-25
:*!
6-
Common
6-
1
25c
5-20
1
6-
>
5-28
6-12 ?
25c
5-20
6-10
Governor
New
7-16
*
25c
$1.12 >/a
Inc.
preferred
(quar.)
Ltd. (quar.)
Co.,
Woolworth
1
—
6-14
Worthington Pump & Machinery Corp.—
1
Inc.—
Mfg.
6-15
1
1
-
5-14
6-30
$1.20
6-16
1
8-
___
6-30
$$2.50
$1.12%
6-
7-
50c
—
6-17
:W 6-14
—
7-
6-
$1.25
iceroy
preferred
5-21
>,
6-1
quar,)
6-12
6-
Western Pacific RR.
Vi
.
Industries,
convertible
Lothrop,
preferred (initial
2
75c
—
5%
(quar.)
(initial
preferred
25c
Auto
Securities
preferred
4.80%
Woodall
2
6-
4y2 %
35c
Supply (quar,)
Condensing Co
Western
6-
6-12
$1.50
Virginia Water Service (quar.)
Products. Ltd, (s-a)
Western
6-12
75c
9-20
1
62Vac
25c
,
1
V- 1
5%
quar.)
Wool Combing Corp. of Canada, Ltd.
(quar.)
Woolworth & Co., Ltd., 6% pfd. (s-a)
(quar.)
:
6-19
6-
;
25C
7-
_________—___
12-21
5-21 *
90c
20c
(s-a)
6-
1
$1.50
7-
$1
(quar.)
Power, common
preferred (quar.)
3.60% preferred (quar.)
Wisconsin Power & Light, common
1
$1.75
(quar.),
Sugar
2
6-
Electric
30c
$1.37 Vz
common
[enezuela Syndicate,
10-15
7-
150c
$1.25
common
1
$2
7-
1
6-25
common......
25c
10-
6-
5-15
7-15
5-28
1
$1.06 y4
preferred (s-a)
Bankshares Corp. (s-a)
Co., 4J/2% preferred (quAr.)_.__
Wisconsin
Wisconsin
6- 2
7-30
5-15
;
6-10
6%
—
1-2-49
6-18
5-15
5-15
1
7-
non-cum.
1
6-
(quar.)
Mills
1
"
6-
6-
50c
Winnipeg
g- 1
8-16?
:
125c
5-18
25c
6- 2
20c
6-23
20c
r
6-11
$1.12 y2
___
1
Electric,
6- i
6-11
10C
7
Wisconsin
y
30C
7-
$1.13
10-22
V 5-25
1
6-
6-15
15c
6-
_
11- 1
15c
75c
5%
6-14
5-15
1
50c
$3.50
5-20
I
6-18
30c
5% preferred (s-a)
Wilson & Comp&ny, Inc., common.—_______
$4.25 preferred
—
Co.
Works (quar.)
Corporation
(extra)
Corp.
(quar.)
6-16
7-
6-
$1.75
___
Machine
6-16
,
35c
Motor
12 VaC
s
6-15
.*
!
7" 1
$1
(quar.)_
Mfg.
preferred (s-a)
Products, Inc. (quar.).
Willys-Overland Motors, Inc.—
$4.50 conv. preferred A (quar.)
Wilsil, Ltd. (quar.)
Wilson Brothers, common
(irreg.)
5-20
1
_
Stores
>
5-10
I
7-
Cement
7-1-
$1
15C
RR., guaranteed (s-a)
(Northam) Corp., $3 pfd. (quar.)
Co., common (quar.)
preferred
(nuar.)
7-
25c
Co.^_
Co.,
6-
1
5-21
6-15
$1.37'/2
Utilities, $6 preferred (quar.)_
West Virginia Coal
& Coke
West Virginia Pulp & Paper (quar.)
Special-
1
7-
6-18
6-15
Co.
Payable of Rec.
6*
__
Wilcox Oil Co. (quar.)
Wilkes-Barre Lace Mfg
5-17
1
_
4WlM4»i<Ul
Willson
(S. D.)
preferred
West
5-14
5-
6-15
7-
Ry
35c
75C
*. «•«*... 4b
Extra
Produc¬
i——-.——
Indies
Extra
1
preferred- (quar.)
preferred (quar.)—
ick
(Walt)
commOn
Disinfecting Co.,
West
1
6-12
82'/2C
-
(quar.)
preferred
[apor Heating Corp.
erney
5-10
6-12
$1
Westeel
(s-a)
preferred (s-ai
&
prior
Norman
5%.
6-
7■
35c
(quar.)
(quar.)
[anadium-Alloy Steel
Ian
50c
common
convertible
|aiiey Mould
an
6-30
$1.12 y2
prior preferred (quar.)
$4
6-
I21/2C
,1
preferred
prior, preferred
5%
22V2C
(quar.)
Co.
prior
I -6 %
20c
—
6-10
t37y2c
Disney
Wellington Fire Insurance (s-a)
Wellington Fund, Inc
Wellman
Engineering Co
Wesson Oil & Snowdrift, $4 pfd.
5-14
6-10
Mills,
Wayne";-Knitting
6-21
25c
Whiting
Share
Products
Erie
Paper
non-cum.
Whit in
6-12
;; '
Wauxesna
4
7-
7%
5-14
62%c
_
Common
6-19
50%
approval)
4
2
Common
6-10
6.
.
6-
6-
Lake
Auto
Whitehall
Waterloo, Cedar Falls & Northern RR.—
Co.
common
preferred
[tah Power & Light Co.
[tlca Knitting Co.—
j
Warren
1
6-15
40C
Oil
$4.50
7
6-15
White's
:
4
7- 2
—
r4ya%-.
Ipson-Walton
5>
5-
Whitaker
6-11
7-15
6-
40c
*—
River
Warren
5-17
6-15
tl2»/2c
[niversal Winding Co., common,
[90c convertible preferred (quar.)
|pper Canada Mines, Ltd—
Company,
1
6-10
30c
Products
pson
6-
60c
(quar.)—1
Insurance
niversal
5-24
*3%c
(quar.)
(subject. to
niversal
6-10
Company
Chlorine
&
j$i
laOc'
Baking Co.* common,———
iVz% preferred (quar.),.
_____——
Ware
w
2
20c
Ward
5-24
$1.25
_
Consolidated
dividend
6-14
6-10
56 Vic
;
—
Stock
5-15
1
8-
Gooderham & Worts—
Extra
1
Warren
nited Stores Corp., $4.20-2nd
pfd. (irreg.)
Inited Stove Co. (irreg.)
—_.—j-—
Inited Wallpaper, 4% preferred (quar.)
mversai
1
6-
6-
7-
,
(Hiram)
6-25
6-15
50c
*
(quar.)
Co.,
Quarterly _J—
Disney. 1 See
Wamsutta
"•
common
Ltd
Walker
tions
6-15
$2"-'
—
(s-a)J
Corp.,
1
$1
-——4-—-
preferred
Lines
7-
62V2C
(qUaf.)
: */? *'w r*.
common——
Co.,i
non-cum.
S.
Name of
Wheeling
6- 1
50c
——
Corp.
Cotton
Wait
6-15
6-15
_—-—
(quar.).
Corp.,
Tobacco
7%
preferred
fiumper;)
preferred
Steel
S.
.
.
common,—.;
1st
non-cum.
,7- 1
R
Mfg;
62%c
37 %c
—
Ltd. (quar.)
Walte Amulet Mines, Ltd.———
Walgreen Co., jcommon (quar.)
4%
preferred (quar.)—:
Walker & Co.. class A
8-31*
50c
-
5-31*
11-30*
35c
common
2
12-20
,
•
Railway,. common (quar.)
6%
preferred (quar.)
Visking Corp. common A——
6-21
Holders
When
Per
Payable oj Kec.
$1.25
Virginian
Waoasco
9-20
70c
50c
1
6-20
70c
;—_______
I. S. Spring k
Holder!
Westvaco
Common
5-14
8.
Co.,
Share
...
$5 preferred, (quar.)———————.
Vogt
5-19
50c
|. "&4 Pipe & Foundry Co.—
Quarterly
Quarterly'—___
Rubber
8
—
—____
S.
6-21*
6-30
—
Playing^.Card (quar.)
| Extra,
Bv potash Co._-__w__8. Printing &
Lithograph,
15 % preferred (quar.)
1
7-
75C
4%% 'participating. preferred (quar.)_—
class A
B. Lines Co., common (quar.)
1.4%% preferred (s-a)_-
.
6-21*
50c
—
|. S. Leather Co.,
'•Quarterly
Name of Company
6-21*
$1.75
common__
preferred- (quar.)
Hoffman Machinery Gorp
S.
-
„■
preferred (quar.)
S. Guarantee Co.ui~j---^.w.n.T—
>
7-6
.7- 6 i
When
•*
'
7%
S.
Holders
Share.:,, Payable of Rec.
I* Class 13
7%
- When
6-
6-
1
8
dividend.
Canadian
non-residents'
deductible
at
the
tax.
'source.
Non¬
tax.
income
tax.
STATE AND
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
;;fAlabama
cost of 2.786%.
In addition to the
above coupon, the entire issue will
bear interest to total' 4% from
'Warrants Sold—An issue of $2,-
100,000 gasoline tax anticipation
irrants
the
was
State
awarded
on
National
ie
monthly from July 1, 1948 to
The only other bidThornton, Mohr & Go.^
& Lombardo, Hen-
1,
to
1950
inclusive.
1948.
July 1, from
Due serially
1958 to 1964 in¬
Mayes, and Stranahan,
Co., Inc., jointly, for
|%% plus $840.
$15,000
Yuma
Meighan,
as
mtil 10
on
1948 to
Sch.
Dist.
No.
4%
the
are
rate
of
Bidders to
interest
the
to bear. Rate of interest
[o be in multiples of V\ of 1%. No
)id for less than par and accrued
considered. The City will furcost, the opinion of
tish without
fhite, Bradley, Arant & All, of
Birmingham, approving the valid¬
ity of; the bonds. No conditional
will
be
considered
except
may be conditioned upon
paid opinion. A certified check for
>7,100 payable to the City, is rejuired.
from
voters
pass
of
on
the
$1,550,000
*
Coastside Union
Elementary School
ii iDist., San Mateo
County (P. O.
Houston School Dist., San Joaquin
Bond Sale—The $40,000 build¬
ing bonds offered on May 24—v.
167, p. 2302—were purchased by
the
County Employees Retirement
Board, as 2s, at a price of 100.025.
The next highest bidder was the
Bank
;
Los
Bond
Offering—Harry
City Clerk, will
26—v.
man,
sealed bids
until
Blair
L. Ly¬
receive
Sale—The
provement bonds
chased
Bond
County Sanitation
16 (P. O.
Angeles), Calif.
No.
167,
p.
2%s, at
a
on
2074—were
by Halsey,
& Co., Inc.,
waukee Co. of
as
$756,000
offered
im¬
May
Milwaukee, jointly,
price of 100.5609, a
June
for
8
A
total
5%
of
the
certified check
amount
Each bid shall state that the bid¬
der
offers
terest
premium,
bidder
Pine
Bluff School District
No.
23,
Jefferson
County (P. O.
Pine Bluff), Ark.
>
Bond
Sale—The
$700,000
struction bonds offered
con¬
May 20
167, p. 1738—were purchased
—v.
;
par
date
if
and
of
any,
offered
to
accrued
in¬
delivery,
the
at
which
the
purchase
the
bonds.'Rate of interest must be in
ARKANSAS
on
to
on
Oceanside-Carlsbad
Union
High
Dist., San Diego County
(P. O. San Diego), Calif.
School
Bond
Offering—T.
H.
Sexton,
County Clerk, will receive sealed
multiples of xk of 1%. Only one bids until 10:30 a.m. (Calif. DST)
interest rate may be bid. No bid on June 7 for the purchase of
for a part of the bonds will be $195,000 not to exceed 5% interest
considered. The opinion of O'Mel- school
building
bonds.
Dated
veny & Myers, of Los Angeles,
July 15, 1948. Denom. $1,000. Due
approving the
validity
of
the serially on July 15, as follows:
bonds, will be furnished the suc¬ $15,000 from 1949 to 1957, and
April 13.
out cost. A certified check for 2%
of the bonds bid for,
payable to
the
Chairman
of
Board
of
Su¬
pervisors, is required.
Oceanside, Calif.
Bond Sale—The
of
1948
$200,000
sewer
bonds offered
167,
on May 26
2302—were purchased
Nuveen & Co., of Chi¬
p.
by John
cago, as
2%s, at
a
price of 101.528,
basis of 2.575%.
Dated June 1,
1948.
Due serially on June
a
1,
from
next
1949
to
1968
inclusive. The
highest bidder
was
Blyth &
Co., for 2%s, at 101.03.
Ocean View School District,
Orange County (P. O.
Santa Ana), Calif.
7 p.m.
the
authorized
on
The approving opinion of
Orrick, Dahlquist, Neff, Brown &
Herrington, of San Francisco, will
be furnished the purchaser with¬
pur¬
Stuart & Co.,
and the Mil¬
bonds
fice.
Trust
Los Angeles
Bond Sale
Corona, Calif.
National
the
are
Principal and interest (J-J) pay¬
able at the County Treasurer's of¬
—v.
District
uled for June 15;—v. 167, p. 2302—
has been postponed.
i
America
Savings Association, San Fran¬
cisco, for $26,000 as 2%s, and $14,000 as 2 V2s, at 100.197.
Postponed—The sale
of the $90,000 school bonds sched¬
i;
of
$10,000 from 1958 to 1963, all incl.
These
a.t the election held
&
Redwood City), Calif.
•
on
bid,
oayable to the County Treasurer,
is required.
Sale—The
to
for
ARIZONA
$65,000 school
May 17—v. 167^
1853—were purchased by Kirby
Vidrine & Co., and Kenneth A.
Illis & Co.,
both of Phoenix,
)intiy, as 2%s, at par, net interest
1963
unconditional.
laricopa County Sch. Dist. No. 40
i,
(P.O. Phoenix), Ariz.
Bond
quired.
<
|hat bids
>onds offered,
at or prior to the
delivery of the bonds. A
(CDST) net interest cost of 2.2124%. Dated
purchase of May 1, 1946.
1968, inclusive.
Due serially on
All bids must state the rate of
$220,000 not to exceed 5% interest May 1, from 1960 to 1966 inclu¬
interest to be paid and no bid for
sewer, 1948 bonds. Dated July 1, sive.
The next, highest bidder was
less
than par and
accrued in*; 1948. Denom. $1,000. Due on July Blyth' & Co., R. H. Moulton &
Co.,
terest will be
I, as follows: $10,000 in 1949 and
considered.The
Security First National Bank of
approving opinion of Gust, Rosen- 1950; $15,000 from 1951 to 1954, Los Angeles, William R. Staats
feld, Divelbess, Robinette & Lin¬ and $10,000 from 1955 to 1968 incl. Co., Redfield &
Co., Hannaford
ton of Phoenix, will be furnished
Principal and interest (J-J) pay¬ &
Talbot, jointly, for 21/4S, at
able at the City Treasurer's office.
by the District. All bids must be
100.39.
000
Interest to date of delivery will
)ids
the
Yuma), Ariz.
$1,000. Due on July 1, as follows:
$5,000 in 1949 and 1950; $6,000
from 1951 to 1953; $7,000 from 1954
to 1956; $8,000 from 1957 to
1959;
$9,000 from 1960 to 1962, and $10,-
all incl.
have
issuance
school bonds.
Bond Offering-.— R. Lv Odom;
1954, to
1958,
<
proposed
13
interest school coupon bonds.
Dated April 1, 1948. Denomination
>e
Bond Election—It is stated that
im election will be held on June 1
1950
June 1, as follows: $36,000 from
1949, to 1953, and $35,000 from
tame
^
the entire
a.m.
>n
)bnds
Berkeley Unified Sch. Dist. (P. O.
Oakland), Alameda County, Calif.
2.70s, at 100.03, plus
receive sealed bids
Clerk of Board
of
(CST7 on'June 8 for
Supervisors!
|he purchase- of $355,000 coupon will received sealed bids until 2
>ublic improvement bonds. Dated p.m. (MST) on June-7 for ;the
rune 1, 1948; Denom. $l,000; -Due purchase of $160,000 not to exceed
sioners, will
of
CALIFORNIA
to
County
(P. O.
lhairman of Board; of Commis¬
.
cost
2%s, at
2.732%.
bidder
date of
County (P. O. Stockton), Calif.
inclusive.
Gadsden, Ala.
interest
as
Dated March 1, 1948. Due
serially
On Sept. 1, from 1949 to 1973 in¬
clusive.
The next highest bidder
interest to total 4%
issue from July 1,
[arris';.&
net
Rock, jointly,
Peters, Writer & Christensen,
and
&
■
1948
Bosworth, Sullivan & Co., and
Henry Dahlberg & Co., jointly, for
$20,000 as 2Vas; $30,000 as 2%s,
was
[rix
1,
clusive.
was
lune 1, 1949.
[tubbs* Smith
a
certified check for 3% of the prin¬
cipal amount of the bonds, is re¬
on
of
>ecatur, and Associates, at 1%%.
ler
cessful
Of Little
Dated Jan.
May 17
Bank
by the W. R. Stephens Investment
Co., and T. J. Raney & Sons, both
July
(State of)
Bond
Clerk
v/ill
Offering
of
Board
receive
B.
J. Smith,
Supervisors,
—
of
sealed
bids
until
11
(CDST) on June 8 for the
purchase of $184,000 not to ex¬
ceed 5% interest building bonds.
Dated June 1, 1948. Denom. $1,000.
Due on June 1, as follows: $9,000
from 1949 to 1964, and $10,000
from 1965 to 1968. incl. Principal
and interest (J-D) payable at the
County Treasurer's office. The
a.m.
bonds
and
crued
state
and
will
at
not
be
sold for
cash
only
less
than par and ac¬
interest.
Each
bid
must
that
the
accrued
bidder
interest
offers
to
date
par
of
delivery and state separately the
premium offered if any, and the
rate
of
interest the bonds will
bear. The proceedings for the is¬
suance of the bonds will be sub-
52
(2408)
THE
mitted lor approval to O'Melveny
6
Wasco
Myers, of Los Angeles, and the
''
opinion of said attorneys will be
furnished to the purchaser with¬
-1
Recreation' District,
California
Bonds
Not Voted—At
tion held
an
Note Sale
167, p. 1966—were purchased
by the Bank of America National
Bend Offering
Earl Lippold,
on
•
May 25—v.
Note
2179—were purchased by
the Security First National Bank
p.
of Los
Angeles,
as
2%s, at
rary loan series M-l notes offered
City of Indianapolis and by one
publication in a newspaper of
general circulation published in
Dated
in
Due Dec.
of 34
of 1%.
COLORADO
bids until 10
Principal
interest (J-D) payable at the
interest
each
be named by
Registerable. as io
only.
No
conditional
principal
(J-D) payable at the Continental
shall
rate
bidder.
bids will
be
received.
Principal
(J-D) payable at the
Bank, of Warren.
A
and interest
Exchange
certified cheek for $2,500 payable
to the Town* is required.
.
The bonds will be de¬
IOWA
livered with the
Lakeland, Fla.
Bond Offering — L. Pressgrove,
City Clerk, Twill receive sealed
a.m.
the
name
the bonds
to bear stated in multiples J0f
34 of 1% and not more than One
May 1, 1948. Denomina¬
Principal and interest
or none.
Of interest which
are
1, 1958.
approving opin¬
Chapman & Cutler of Chi¬
cago, at the cost of the Village.
The purchaser
will furnish7, the
ion of
Burlington, Iowa
Bond Sale—The
$375,000 sewer
May 24—v. 167,
p. 2303—were purchased by the
Harris Trust & Savings Bank, of
Chicago, Iowa-Des Moines Na¬
bonds offered
printed bonds and all bids will be
(EST) on June
so conditioned.
A certified check
8
for the purchase
of $550,000
County, Estes Park School
for $3,500 payable to the Village
2%%
Dated
refunding, bonds.
District, Colorado
County Treasurer's
office.
The
July 1, 1946. Denominations $1,000 Treasurer, is required.
bonds will be sold for cash only
Bonds Voted
At an election
and $500.
Due on July 1, as fol¬
and at not less than par and ac¬ held recently the voters
INDIANA
approved lows:
$50,000 in 1953; $15,000 in
crued interest. Eact bid must state the issuance of
$85,000 construc¬ 1954 and
Dunkirk School City (P. O.
1955; $50,000 in 1956; $60,that the bidder offers par and ac¬ tion bonds.
000 in 1957 and 1958; $50,000 in
Dunkirk), Ind.
crued interest. Each bid must state
Bond Offering—Sealed bids will
1959; $35,000 in 1960; $50,000 from
and state separately the premium
CONNECTICUT
1961 to 1964, and $15,000 in 1965, be received until 7 p.m. (CDST),
offered if any, and the rate of in¬
all inclusive.
Principal and in¬ on June 3, by Harry B. Martin,
terest the bonds will bear. A cer¬
fhonroe, Conn.
terest (J-J) payable at the Manu¬ Secretary of the Board of School
tified check for 3% of the amount
Bond Sale
The $67,000 school facturers
Trust
Co., New York Trustees, for the purchase of $37,of bonds bid for, payable to the
purposes, series of 1948 bonds of¬ City.
The approving opinion of 000 school improvement bonds.
Chairman
of
Board
of
Super¬ fered on
May 20—v. 167, p. 2179— Caldwell, Marshall,
Trimble
& Interest rate is not to exceed 3%,
visors, is required.
were purchased
by Day, Stoddard Mitchell, of New York City, will payable
J. — J.
Denomination
& Williams,
Pinedale
School
of New Haven, as be furnished the purchaser with¬ $1,000.
District, Fresno
Dated May 1, 1948.
Due
1.70s, at 100.38, a basis of 1.655%. out charge. The City reserves the as follows: $1,000 on July 1, 1949,
County (P. O. Fresno), Calif.
Dated June 1, 1948.
Due serially right to reject any or all bids and and $2,000 on Jan. 1, and $1,000
Bond Sale—The $25,000 build¬
on June
1, from 1949 to 1968 in¬ no bid at less than 95% of the par on July 1, from 1950 to Jan. 1,
ing bonds offered on May 25—v.
clusive.
The next highest bidder value of the bonds bid for will be 1962.
Interest rate must be bid in
167, p. 2179—were purchased by
was Putnam
& Co., for 1.90s, at accepted.
A certified check for multiples of 34 of 1%, and not
the
County Employees Retire¬
100.37.
$11,000 payable to the City, is re¬ more than one interest rate shall
ment Association, at par, a net
be named by each bidder.
quired.
interest cost of 2.854%, as follows:
The
Norwalk, Conn,
approving opinion of Ross, Mc$10,000 as 2V2S, maturing $1,000
GEORGIA
Bond Offering—John A. Han¬
from 1949 to 1958; $5,000 as 23/4S,
Cord, Ice & Miller of Indianapolis,
sen, City Clerk, will receive sealed
maturing
$1,000
from
1959
to
Douglas County (P. O. Douglas), will be furnished to the successful
bids until 8 p.m.
bidder.
No conditional bids will
(DST) on June
1963, and $10,000 as 3s, maturing
Georgia
8 for the purchase of
be considered.
$40,000 not
A certified check
$2,000 from 1964 to 1968, all incl.
multiples
and
.
the Town. Bidders shall
tion $1,000;
all
circulation
rate
Illinois
FLORIDA
financial journal of gen¬
published in the
paper or
National Bank & Trust
May 26—v. 167; p. 2303—were
Registerable as to
purchased by Salomon Bros. & Co., Chicago.
Hutzler, of New York, at 1%, plus principal only in the name of the
holder upo.n the books of the Vil¬
a premium of $20.
Dated June 1,
lage Treasurer. Bids must be for
1948. Due June 1, 1949.
o»
a
shall
eral
bonds.
•»'-
Sale—T^he $304,600 tempo¬
redemption
1950 to
.
167,
such
Due
Willimantic Housing Authority,
Conn.
Sale—The $75,000 build¬
ing bonds offered
of
given at least 30 days prior * to
the date fixed for such redemp¬
tion by one publication in a news¬
inclusive./
8,000 police and fire department
Orange $161.
1953, and $5,000 from 1954 to 1967,
ail incl. Rate of interest to be
Notice
be
$15,000 in 1949; $10,000
1951; $13,000 from
1952 to 1957, and $12,000 in
1958, all inclusive. < 20,000 municipal garage bonds.
Connecticut Trust Co., at 1% plus
price
Clerk of Board of Supervisors, of 100.35, a basis of about 2.715%.
will
receive
sealed
bids
until Dated June 1, 1948. Due serially
10 a.m. on June. 8 for the pur¬ on June 1, from 1949 to 1973; incl.
chase of $85,000 not to exceed 5% The next highest bidder was the
interest school bonds. Dated July Bank of America National Trust
1,1948. Denom. $1,000. Due on July & Savings Association, San Fran¬
/
1„ as follows: $3,000 from 1949 to cisco, for 2%s, at 100.17.
—
lows:
in 1950 and
$5,000 on Dec. 1, from
1953, all inclusive.
20,000 garbage department
equipment bonds. Due $5,000
on Dec. 1, from 1954 to 1957
'
Bond
Monday/May ^!31*;1948
purchased by the Hartford
Bank
& Trust Co., of
Hartford, at 0.85%. Dated June 3,
1948.
Due Feb. 23, 1949. The next
highest bidder was the Hartford-
County (Pi Ol Santa Ana), Calif.
Ranchitei School Dist., L os Angeles
County (P. O.Lost Angeles), Calif.
The $245,000 tem¬
National
Westminster School Dist.,
May 18 the voters did
the issuance of $3,600,000 school construction bonds.
on
approve
—
—were
&
Savings Association, of
San Francisco, the
only bidder as
234s, at a price of 100.132. Dated
elec¬
CHRONICLE
porary loan, series M-2 notes of¬
fered on May 25—v. 167, p. 2303
County (P. O. West
June 1, 1948. Interest
Palm Beach), Calif,
payable J-D.
<
FINANCIAL
■■
Trust
Beach
&
Wethersfield Housing Authority,
Connecticut
*
v.
for, payable to the County Treas¬
urer, is required.
not
1
Bond Sale—The
$75,000 recrea¬
tional bonds offered on
May 17—
out cost. A certified check for 3%
of the par value of the bonds bid
Pixlm
Public
COMMERCIAL
Larimer
on
tional Bank & Trust Co., of Des
Moines, and the White-Phillips
—
Co., of Davenport, jointly,
at
as
lf/4s,
price
of 101.34, a basis of
1.602%. Dated May 1,1948. Due se¬
rially on Nov. 1, from 1949 to 1967
inclusive. The next highest bid/
a
der
the
was
Northern
Trust
Chicago, for l%s, at 101.33.
Co.,
T M
—
Dated
June
1,»1948.
The next
bidder was the Bank of
highest
America National Trust & Savings
Association, San
434s, at 100.436.
Santa
Barbara
Santa
Francisco,
School
for
District,
Barbara
Santa
Bond
County (P. O.
Barbara), Calif.
Offering
J.
—
E.
Lewis,
to exceed 5% interest school
pon
or
June
registered
1,
$1,000.
1950 to
bonds.
1948.
Bonds Voted
cou¬
Dated
Denomination
Due $4,000 on June 1 from
1959 inclusive.
Principal
and interest (J-D)
payable at the
Bank of The Manhattan
Co., New
York City, or at the South Nor¬
walk Trust Co.,
Norwalk, at the
option of the holder.
Bidders
are
County Clerk, will receive sealed requested to name a single rate of
"bids until 10 a.m. (CDST) on June interest in multiples of 34 or 1/10
The approving opinion
7 for the purchase of $380,000 not of 1%.
of Wood, King & Dawson of New
to
exceed
5%
interest
school
bonds. Dated May 1, 1948. Denom. York City, will be furnished the
$1,000. Due $20,000
1949 to
be
1967 incl.
sold
to
the
on
May 1, from
The
bonds will
highest bidder
at
purchaser without charge.
tified check for $400
payable
tion held
on
April 13. A certified
check for 3%
of the amount
bid,
payable to the County Treasurer,
is required.
Town
Offering—C. Eric Waldo,
Treasurer,
will
receive
000
coupon
construction
bonds.
Denomination $1,000. Dated June
1, 1948. Due $15,000 on June 1,
from 1949 to
Shasta
;
.
County School Districts
(P'
Bedding), Calif.
/
Bond
offered
Sale—The
on
$39,000
May 24—v. 167,
bonds
p.
2303
—were purchased by the Bank of
America National Trust & Savings
Association, of San Francisco. The
issue consisted of the
following:
Union
School
District
bonds. Due serially on April
26, from 1949 to 1971 incl.
16,000 Fall River Mills Elemen¬
tary School District bonds.
y
serially
on
April 1, from
"1949 to 1964 inclusive.,
Dated April 26, 1948.
Saticoy Elementary School District,
Ventura
■■
County (P. O. Ventura),
Calif.
1956, and $10,000 on
1, from 1957 to 1968, both
inclusive.
Bidders to name one
rate of interest in
multiples of 34
or 1/10 of 1%.
Principal and in¬
(J-D) payable at the First
National Bank, of Boston.
These
bonds will be prepared under the
supervision of and
to
First
authenticated
their
genuineness by The
National Bank of Boston.
The legality of this issue will
be
approved
by Ropes, Gray, Best;
Coolidge & Rugg, a copy of whose
opinion will accompany the bonds
when delivered to the
purchaser.
No bid for less than
par and ac¬
crued interest to date of
delivery
will be considered and the
right
to
reject any
served.
or
all
bids
is
re¬
>,
.
Bond Sale—The
election
for
$1,000, payable to the School
City, must accompany* each bid.
Bond
Bond Offering — John P. Thill,
City Clerk, will receive sealed bids
until 5 p.m. (CDST) on June 7 for
the purchase of $175,000 not to ex¬
ceed
334%
interest
Illinois Ave¬
Bridge coupon bonds. Dated
1, 1948. Due on Dec. 1, as
follows: $13,000 in 1949, and $9,nue
June
from
000
1950
to
1967
inclusive.
The bonds may be registerable
principal only.
authorized
on
interest
These
at
an
are
as
the
election
April 13.
Principal and
(J-D) payable at the City
Treasurer's office. The bonds will
America
National
&
Trust
Savings Association, San Fran¬
cisco, for 2s, at 100.059.
" *
.
1968, incl.
The next highest bid¬
der was Coffin &
Burr, for 1.70s,
at 1G0.178. ,
.
7
;
v;.,:p,:
Co., of Des Moines,
City, Ind.
Offering
—
Charles
street
interest
construction
Moines,
basis
at a price of 100.305, a
2.38%.
Dated April T5,
of
1948.
Due on April 15, as follows:
$4,500 from 1949 to 1952, and $2,000 in 1953, inclusive.
Principal
and interest (A-O) payable at the
City Treasurer's office. The onlyother bidder
school
offered without
were
Dated
Denoms.
bear in
not
are
to
multiples of 34 of 1 %, and
more
than
one
interest
rate
the
White-Phillips Co., of Daven¬
a price of 100.045,
Dated April 1,
port, as 23/4s, at
a
basis of 2.74%.
1948. Due serially on
and
all
bids
must
be so
conditioned. A certified check for
$1/750 payable to the City, is
quired.
Decatur Park
Bond Sale
District, Illinois
The
•
.
Stockton, Iowa
Bonds
Sold—The $10,000 bonds
success on Jan. 19
purchased
recently
the
of
by
Walcott Trust & Savings Bank,
Walcott.
0.
.
be named by.each bidder.
approving opinion of Ross.
McCord, Ice & Miller, of Indian¬
apolis, will be filed from date of
sale
and
will
School City.
be
furnished
the
expense of the
No conditional bids
will be received.
re¬
$120,000 bonds
offered on May 20—v. 167, p. 2180
—were purchased by the Contin¬
ental Illinois National, Bank &
Trust Co., of,Chicago, at a price
of 100.191/ a net interest cost of
1.304%, as follows:
—
Nov,. 1; from
1949 to 1967 inclusive.
shall
purchaser at the
chaser,
the First Nation¬
Quasqueton Consolidated
School District, Iowa
Bond Sale—The $88,500 build-1
ing bonds offered on April 9—v.
167, p. 1516—were purchased by
of interest which the bonds
bonds.
bonds to be furnished by the pur¬
the
was
Bank,
building of
May 1, 1948.
$1,000 and $500. Due $1,500 Jan. and $6,500 July 1, in 1949
and 1950; $4,000 Jan. and $9,000
July 1, 1951 and 1952; $4,000 Jan.
and $9,500 July 1, 1953, and $7,000
Jan. and $7,500 July 1, 1954. Bid¬
ders are required to name the rate
1948
approving
opinion of Chapman & Cutler, of
Chicago, and said opinion is to be
paid by the City.
The printed
with
offered
bonds
April 15 were purchased by
Shaw, McDermott & Co., of Des
on
B.
Ward, Secretary of Board of Trus¬
tees, will receive sealed bids until
7 p.m. (CDST) on June 7 for the
purchase of $70,000 not to exceed
5%
'///
2%s.
as
Perry, Iowa
Bonds Sold —The $20,000 21/2%
Perry, and Perry State
Bank, jointly, at par.
KANSAS
CoffeyviUe Sch. Dist., Kan.
election
held recently the voters approved
the
issuance
of
$29,000
rural
Bonds Voted— At an
school bonds.
Dexter
Hanover, Ind.
were
receiver for the $5,000 not to ex¬
ceed 3 3& % interest sewage works
series
May 25.
revenue,
on
C
Bond
dition bonds.
Clerk-Treasurer,
ceive
sealed
Bonds
will
re¬
>
bonds
/
$90,000 ugymS
authorized. at "an
election held recently have" bieen
sold.
,
.
^
,
bids
until
$70,000 park improvement bonds
;
as l%s. Due serially on Dec.
2
p.m-.
(CST) 011 June 7 for the purchase
of $64,000 not to exceed 3%" in¬
1, from 1952 to 1956 inclusive. terest electric and - water
utility
50,000 airport bonds as 134 s. Due revenue:
coupon bonds. Dated July
serially on Dec. 1, from* 1949
1, 1948.
Denom. $1,000. Due on
to 1953 inclusive.
V / / / ?/
July 1, as follows: $4,000 from
;
The bonds are dated May - 1, 1949 to
1958, and $6,000 from 1959
1948. The next highest bidder was to
1962, all inclusive. The bonds
Blewer, Heitner & Glynn,: for maturing on and after July 1,1958
$120,000 as 1 %s, at 100.033.
are redeemable at the option of
the Town on July 1, 1954; or any
payment
in their
inverse
date
thereafter
at the face value
numerical
order,
thereof, plus the
following premiums; 5% if re¬
deemed on July 1, 1954, ahd prior
to July 1, 1959; 3% if redeemed
bonds,divided as follows:
.after: July 1, 195£L and : prior < to
$125,000. fire
station
building maturity; plus in each case inter¬
bonds.
Due on Dec. 1, as fol¬ est to date fixed for
redemption.
'
•
-
j
j
1
Goodland School District, Kan. :/]
Bonds Voted—At a spq<psd flec¬
;
interest
j
//s:
>
Kan.
Sold—The
nasium
Offering—Calvin Gruver,
Town
Kan.
election
an
/
;
Edgerton,
.
Ind.
At
—
.
held recently the voters approved
the issuance of $75,000 school acb
bonds offered
Warren,
'
School District,
Bonds Voted
No Bids Received—No bids
:
of
offered on May
12 were
purchased by the Carleton D. Beh
The
delivered
be
Redding, Conn.
$132,000 build¬
ing bonds offered on May 25—v. ' Bond Sale—The $326,000 school
167, p. 2074—were purchased by bonds offered on May 26 were 1
River Forest, III.
1 /■
Weeden & Co., of San Francisco,, purchased
Bond Offering—p, W. Hazel ton,
by the Bankers Trust
at a net interest cost of 1.8467%.
Co., of New York, as 1.60s, at a Village Clerk will receive sealed
Dated July 15, 1948. Due seriallv
price of 100.031, a basis of about bids until 8 p.m., (CST) on June
on July
15, from 1949 to 1962, incl. 1.595%. Dated June 1, 1948. Due .7 for the purchase of $173,000 not
The next highest bidder was the
serially on June 1, from 1949 to to exceed 334% interest coupon
Bank
bonds
al
Hobart School
Aurora, III.
terest
as
$23,000
Due
June
an
ILLINOIS
held
sealed bids until 1 p.m.
(DST) on
June 2 for the purchase of
$240,-
At
school bonds.
to
Plainville, Conn.
Bond
amount bid for the bonds and the
offered, if any. These
bonds authorized at the elec¬
to
the
—
recently the voters approved
issuance of $100,000 County
bonds
not less than par and accrued in¬
Each bid shall state
the
are
cer¬
City Treasurer, is required.
terest.
premium
A
held
Coralville Indep. Sch. Dist., Iowa
Bond Sale—The $113,000 school
tion held
proved
on
the
May IS the voters «pissuance of $252*000 j
construction bonds.
/-y.
'
y ;
Lawrence, Kan. 1 >
) *
Bonds Sold—The $15/000 i arm¬
ory garage bonds, authorized " at j
the election held on April 6 have,
5
'
.
.
,
been sold to local banks;:
»
q-o.
Longton, Kan. * <T\
Bonds Voted—At a special elec¬
tion held
on May 18 the voters ap¬
proved the issuance of $7,500 park
improvement bonds.
'
! McPherson School
Bonds
Voted
.—
District, Kan.
At
election
an
held recently the voters approved
the issuance of $30,000 school ad?
dition bonds.
.
/
•'
olume
167
Number 4703
Oshorn, Kan.
j
<-,,
of
*0
Bonds Sold—An issue of $96,000
ate
;w o r k s
improvement
onds
was
sold recently to the
ity National Bank & Trust Co.,
nd Stern Bros.
& Co., both of
'ansas City, jointly.
'
^
,
Pratt, Kan.
Bonds Sold—An issue of $35,000
onds was awarded on April 26 to
Small-Milburn Co., of Wichi-
e
jand Stern Bros. & Co., of Kan-
a,
s
City, jointly,
as
THE
follows:
101.453, a net interest cost of
1.675, divided as follows:
about
$3,000,000 permanent housing for
veterans
bonds,
of
June
on
World
II
War
l%s.*:• Due serially
as
1, from 1949 to 1963
inclusive.
-
v
•
■.
... ■
1,420,000 departmental equipment
bonds, as S^s., Due serially
on June 1, from 1949 to 1958
inclusive.
1, from 1949 to 1958
inclusive.
V
380,000 departmental equipment
bonds, as 1 Vfes.
Due serially
on Sept. 1, from
V 1949 to 1958 inclusive.
'
'The
bonds
are
dated
May
Bristol
County (P. O.
Taunton), Mass.'
1948,
■
-•
v
LOUISIANA
Bonds Voted
held
on
--
At
election
an
May
18 the voters apr
issuance-.of $40,000
proved the
various purposes: bonds.
Abbeville)/ La.
struction bonds offered
on May 25
167, p. 196^-were purchased
by -White, Hattier & Sanford of
New Orleans, Equitable Securities
Corp., Scharff & Jones of New
Orleans, Barrow, Leary & Co. of
Shreveport, Weil & Co., Weil &
Arnbld, Nusloch, Bauden & Smith,
Glas & Co., G. Price Crane, How¬
ard, Labouisse, Friedrichs & Co.
and
Lamar &
Kingston, all of
New Orleans, jointly at a price of
par, a net interest cost of 2.70%,
s follows: $148,000 as
3s, maturing
on May 1, $46,000 in
1951; $47,000
in 1952; $55,000 in 1953; $365,000 as
2V2s, maturing $57,000 in 1954;
$59,000 in 1955; $60,000 in 1956;
$61,000 in 1957; $63,000 in 1958;
$$>,000 in 1959; and $687,000 as
2%s, maturing $67,000 in 1960;
$69,000 in 1961; ,$71,0.0(1.in ,1962;
$74,000 in 1963; $76,000 in 1964;
$.79,000 in 1965; $81.00Q,iin 1966;
$84,000 in 1967, and $86,000 in
1968.
June
1, 1948.
De¬
$1,000.
Due $20,000
1, from 1949 to 1953 in¬
Principal and interest
nomination
clusive.
(J-D)
payable
at
the
National
Shawmut Bank, of Boston. Bidder
to name rate of interest in mul¬
tiples of Va
less
than
of
1%.
No
and
par
accrued
bids for
in¬
terest, bids to be for all or none.
Approved as to legality by Storey,
Thorndike,
Palmer- &
Dodge,
whose opinion will be furnished
the
purchaser.
The right is re¬
reject any or all bids.
telephone bids will be re¬
served
No
to
ceived.
■
m'
Mass.
Offering—Hugh
Town
Treasurer,
E.
will
West,
receive
MARYLAND
water
:,:Bond Issuance 'Contemplated—
stated
that
the
by the County Clerk
of County Com¬
Board
missioners is contemplating offer¬
for
sale
in
the
near
future
$150,000 park land acquisition and
construction bonds.
V
Amesbury,
%;Note Sale
discount.
1949 to
the
First
National Bank, Boston, at 0.768%.
Boston, Mass.
Merchants National Bank of Bos¬
ton, and delivery will be made at
said
bank
for
Boston
funds.
No
Lexington, Mass.
Bond
Sale
bonds
purchased by Halsey, Stuart
& Co., at 1.09%, plus a premium
of $127.
The notes are dated May
28, 1948 due Nov. 5, 1948.= The
only other bidder Was the First
$1,110,000
on
May 26 were
Shields & Co. of
offered
purchased
by
New York,
and Blair & Co., Inc.,
l%s, at a price of
jointly,
101.436,
as
as
basis of about
a
follows:
1.575%,
<
on
bonds.
Due
1963
on
Due
se¬
June 1, from 1949 to
inclusive.
500,000
school
1949 to
building, act of
serially from
1968 inclusive.
Lynn, Mass.
Note
Sale—The
$500,000
tem¬
loan notes offered
on
The
porary
Feb, 25,
bidder
—
May
on
dicate- composed of Lehman
Bros.,; 1949.
Chemical Bank & Trust Co., bothi
the
was
next
First
highest
National
Bank,
.York, Philadelphia Na¬
Boston, at 0.83%.
(Bank,
of
Philadelphia,
Graham^ Parsons & Co., Eastman,.
Newbury port, Mass.\:
Dillon & Co., Equitable Securities
Bond Sale—The $30,000 high¬
Corp., Hemphill, Noyes & Co.,
way equipment bonds offered on
White, Weld * & Co., all of New
May 26—v. 167, p. 2304—r-were
tYork- Central Republic Co., of purchased
by the First and Ocean
Chicago,
Boatmen's
National
National Bank,, of Newburyport,
Bank, of St. Louis, Fidelity Union as
iy4s. at a price of 100.06, a
Trust Co., of Newark,
Kean,J Tay¬
New
tional-
lor
Co.,
basis
Hallgarten,
Co.,
American Securities
Corp., Hirsch
A Co,. G. ,C. Haas Sc Co., R/D.
White & Co., and D. A< Pincus &
Co.,"all of New York,. at
;aj price
1,
from
inclusive. Dated
r
v
Burr, for lV2s, at 100.70.
The
—
on
May 25
chased
by
Boston,
101.333,
as
Tyler & Co., of
2V2S, at a price of
were
of
1.23%.
Dated June 1,
Due tserially on June 1, in
1949 to 1953, inclusive. The next
1948.
*
highest bidder
National
'Pmv.
was
the Merchants
Bank, Boston, for 11/4 s,
. t
c
;
on April 5—v.
167, p. 1517
sold to William E. Malow.
bonds,
as
price of 100.2588, a
basis of
1.55%.
Due serially
July 1, from 1949 to 1958
r>
\
473,548.34 special street i-imon
inclusive.
provement bonds, as 1.70s, at
a
price of 100.07, a basis of
1.688%. Due serially on July
1, from 1949 to 1968 inclusive.
6,178,000 various bonds, as 2.10s,
at a price of 100.412, a basis
*
of
2.07%.
Due4 serially
on.
July 1, from 1949 to 1978 inelusive,
;
•
All of the bonds
are
dated
July
1, 1948.
The
members
Trust
Co.
group
National
Chase
of
the
Northern
consisted of the
Bank,
of NewYork, First National Bank of Chi¬
cago, National City Bank of New
York,
Continental
Illinois
Na¬
May
011
1, 1948. Due
1, from 1949 to
tional Bank of Portland and the
City National Bank & Trust Co.,
of Kansas City.
Members of the Phelps, Fenn &
Co.,
1953 inclusive.
group consisted of Salomon
Bros. & Hutzler, Stone & Webster
Red ford
Securities Corp., R. W. Pressprich
pur¬
Township School District
(P. O. R. No. 2, Detroit 23),
Mich.
basis of 2.362%, as
a
a
Montmorency County (P. O.
Atlanta), Mich.
tional Bank of Chicago, First Na¬
Sale—The
$22,000 notes
serially
$140,000 notes
fol-
as
^
Note
of Utica. Dated April
Southampton, Mass.
Sales
15,
53
refunding
1.60s, at
school
$14,000 on Nov.
from 1949 to 1953 inclusive.
offered
follows:
&
Co.,
of
Lee
Higginson Corp.,- all
York, Paine,
Webber,
New
Jackson
&
Curtis
of
Chicago,
$240,000 school
Bosworth
&
Co., Inc.,
May 20 were Braun,
purchased by Stranahan, Harris & Schoellkopf, Hutton & Pomeroy
Buffalo,
First
of
Michigan
Co., Inc., of Toledo, as 2Va$, at a of
Hornblower
&
clusive.
price of 100.12, a basis of 2.204%. Corp.,
Weeks,
Dominick & Dominick, all of New
Dated March 1, 1948. Due $48,40,000 school loan notes.
Due
000 on March 1, from 1949 to 1953 York, Commerce Union Bank of
$2,000 on June 1 from 1949
inclusive.
Nashville, Laurence M. Marks
to
1968
inclusive.
Dated
Co., Reynolds & Co., Roosevelt &
June 1, 1948.
The next high¬
River Rouge, Mich.
Cross, F. S. Smithers & Co., Tripp
est bidder was the Day Trust
Note Sale—The $100,000 tax an¬ & Co., Wm. E. Pollock & Co., all
Co.,
Boston
for
2V2S,
at
ticipation notes offered on May 18 of New York, Julien Collins &
101.27.
were
purchased
by
the
River Co. of Chicago, G. C. Haas & Co.,
Wayland, Mass.
of New York, J, M. Dain &
Rouge
Savings - Bank,
Co.,
at
2%
Note
Sale—The $37,000 water Dated May 1, 1948. Due
Aug. 15. of Minneapolis, Milwaukee Co.,
notes offered on May 27 were pur¬
1948. Payable at the River Rouge of Milwaukee, Campbell, Phelps
chased by Robert Hawkins & Co., Savings Bank, River
Rouge. The & Co. New York, Harold E. Wood
of Boston, as 2s, at
a
price of next highest bidder was Strana¬ & Co., of St. Paul, and the SodenZahner Co., of Kansas City.
101.09, a basis of 1.83%.
Dated han, Harris & Co., Inc., at 2J/2%.
Bond Sale—The
$100,000 school building loan act
of 1946 notes.
Due $5,000 on
June 1, from 1949 to 1968 in¬
1, 1948.
Due
on
bonds
clusive.
the
was
offered
.
on
June 1, as
follows: $3,000 from 1949 to 1955,
and $2,000 from 1056 t<f 1963 in¬
SlaytonMinn.
MINNESOTA
...
'-G
"Bonds Not Sold
.
Anoka
School
Bonds
The next highest bidder
Second National Bank,
Voted—The
District
(P.
O.
to
proposal
cause
the
Au
the
approved by
1
election held
heavy majority at
the election held on May 18.
Detroit
received
until
8
Stearns
ceived until 7 p.m. (CST) on June
7 by E. J. Bestick, City Clerk, for
$25,000
park
grandstand bonds.-Interest rate is
bonds.
not
Interest rate is not to
ex¬
4%, payable A-O.
Rate is
multiples of Va of
be stated in
1%.
Denomination $1,000. Dated
April 1,
1948.
Due
$20,000 on
April 1, in 1949 to 1953, inclusive.
Principal and interest payable at
the Au Gres State Bank, Au Gres.
Bids shall be conditioned upon the
unqualified opinion of the pur¬
chaser's
the
attorney, to
purchaser.
be paid for
the
purchase
to
3%,
payable
Denom. $1,000. Due on June
J-J.
1,
as
follows: $1,000 in 1950 to 1964, and
$2,000 in 1965 to 1969. All bonds
maturing after Jan. 1, 1965, are
subject to prior payment and re¬
demption on said date and any in¬
terest payment date
par
thereafter, at
and accrued interest.
County Indep. Sch. Dist.
No. 5 (P. O. Elbow Lake),.
Minn.
Sale—The $90,000 tax an?
on
May 25
purchased by Watling, Ler& Co. of Detroit, at 1%%,
plus a premium of $9. Dated June
1, 1948.
Due March 1, 1949. Pay¬
were
at the
Birmingham National
Bank,
Birmingham.
The
next
highest bidder was the First of
Michigan Corp., at
1%%
plus
$5.50. •
of
on
and
the
Bond Offering—Arthur H. Ack»
erson,
District Clerk, will receive
sealed
bids
until
(CST) on
June 4 for the purchase of $50,000 school building and refunding
coupon bonds. Dated June 1, 1948.
Denomination
noon
$1,000.
Due
June 1, from 1950 to
clusive.
Principal
and
on
payable at
approve
bonds
at
an
May 17.
Meeker
(P.
Bond
Counties
O. Kimball), Minn.
Offering—John L. John¬
District
son,
sealed
Clerk,
and oral
will
$5,000
1959 in¬
interest
receive
bids until 8 p.m.
(CST)
of
on June 1 for the purchase
$10,000 not to exceed 31/2% in¬
terest
building * bonds.
1, 1948. Due on Jan.
follows: $500 from 1951 to
1966, and $1,000 in 1967 and 1968,
all incl. Bonds having stated ma¬
turity dates ' later than Jan. '= 1,
1959, will be each subject to re¬
demption and prepayment at par
Dated
1,
coupon
June
as
and accrued interest
Grant
Birmingham School District, Mich.
ticipation notes offered
of
exceed
-
$35,000
Indep. Sch. Dist. No. 80
Lakes, Minn.
(EST),
on June 1, by John
Heinrich, Sr.,
District Secretary, for the pur¬
chase of $100,000 coupon school
p.m.
issuance
Bond Offering-r-Bids will be re¬
Bond Offering—Sealed bids will
be
a
Gres-Sims
Twp. Sch. Dist.
(P. O. Au Gres), Mich.
- ;
-
The
voters did not
issue $574,000 building bonds was
MICHIGAN
—
municipal liquor store bonds of¬
fered on May 21 were not sold be¬
Anoka), Minn.
Boston, for 2s, at 101.00.
able
The $5,800,000
25 were purchased by the Second
May 26—v,4167, National;
Bank
of
Boston,
at
p; 2304-ewere purchased by a syn¬
0.819% discount. Due on
of
June
on
1951
chen
19'47 bonds. Due
$70,000
Due
—were
Note
bonds.
Sale—The
se¬
June 1, from 1949 to
water
rially
Corp., and Chemical Bank
& Trust Co., New York,
jointly, at
1.10%:, plus $56.00. :i„ ;
bonds offered
to
1948.
fin &
1978 inclusive.
250,000
Bond
respectively,
»
$1,700,000
Township School District
(P. R. No. 2, Muskegon), Mich.
1,- 1948. Principal and
(J-D) payable at the
Day Trust Co., Boston.
The
next highest bidder was Cof¬
-
by
sewer
rially
Boston
Boston, Mass.
The
—
for $11,060 payable
City Treasurer, is required.
York,
ows:
Laketon
extension
interest
h
to
$360,000
were
$6,000
1949
ceed
porary loan notes offered May 25
Sale
inclusive. Bidders to
tiples of Va of 1%. Principal and
interest
(J-D) payable
at
the
Note Sale—The $5,000,000 tem¬
Behd
1954
cheek
to the
June
the rate of interest in mul¬
name
Mass.
was
Due
loan coupon notes.
15, 1948. Denom. $1,000. Due $10,000 on June 15, from
—
only other bidder
mains
tified
Due on June 1, as folr.
bonds offered
on
May 17 were
$10,000 from 1949 to
purchased by McDonald-Moore &
1955, and $5,000 in 1956 in¬
Co., and H. V. Sattley & Co., both
clusive. J
.
11
of Detroit, as 23/4S.
Dated May 15,
18,000 street construction bonds.
phone bids will be received.
Due Nov. 24, 1948. The
water
June
bid for less than, par and accrued
The $75,000 tax
notes
offered
on
May 17 were
purchased by the Merchants Na¬
tional Bank, of Boston, at 0.70%
$93,000 notes
21, were pur¬
opinion of Wood, King
Dawson, of New York City, ap¬
proving the legality of the bonds.
The cost of such opinion will be
paid for by the City. 0 The City
shall pay for the cost of printing
and delivery of the bonds.
A cer¬
6
Mew
lows:
interest will be accepted. No tele¬
MASSACHUSETTS
The
supply
Dated
for less: than all of the
will be considered.
Bids
nor
qualified
notes.
June
Foxborough,
Note
sealed bids until 11 a.m. (DST) on
It is
$75,000
—
June 2 for the purchase of $60,000
/f Prince George's County (P. O.
Upper Marlboro), Md.
ing
Dated
June
—
offered
Raymond M.
Davis, City Treasurer, will receive
sealed bids until 11 a.m. (DST)
on
June 2 for the purchase of
$100 000 macadam pavement loan
on
Sale
on
May
by the Middlesex County
National
Bank,
of
Everett, as
1.30s, at a price of 100.30, a basis
of 1.198%, as follows:
Note
bonds.
Safe
chased
payable Nov. 12, 1948.
highest bidder was the
Bristol County Trust Co., Taun¬
ton, at 0.789%.
Offering
Boston
Stcneham, Mass.
Note
and
Bond
the
was
Deposit & Trust Co., at 0.765%,
Everett, Mass.
r-*-v«
V
bidder
next
>
:Bond Sale—The $1,200,000 con¬
|
1948
The
J Yermilion Parish Consolidated
jy School District No.i (P.O.
♦
Due
Shawmut
0.722%
par
bonds
,
purchased by the National
Bankj of Boston, at
discount.
Dated litay 1$,
were
were
shall be conditioned upon the un¬
$250,000 tempo¬
loan notes offered on May 18
rary
'
May 17
Boston, at 0.729%.
May 20, 1949. The next high¬
Note Sales—The
Franklinton, La.
on
cago, or at the office Pf the City
Treasurer.
No bids for less than
tional Bank of
inclusive.
1,
—
(2409)
purchased by the Merchants Na¬
June 1, from 1949 to 1953
on
CHRONICLE
Randolph/ Mass. \XX WT
The $100,000 reve¬
Sale
offered
1,000,000 public ways, construcbonds, as 1V2S.
Due serially
June
FINANCIAL
notes offered
nue
est
<
.
,-lj Due $1,500
Note
,
on
20,000 park bonds. Due $2,000 on
Sept. 1, from 1949 to 1958 incl.
15,000
swimming
pool
bonds.
COMMERCIAL ;&
and
on
said date
interest payment date
thereafter. Principal and interest
(J-J)
payable' at any £ suitable
on
bank
by
any
or
trust company designated
the
successful
bidder.
The
School District will furnish with¬
out cost to the
purchahser-'the
printed bonds and the approving
opinion
of
Dorsey,
Colman,
Barker, Scott & Barber, of Minneaoolis,
within
30
days after
acceptance of the bid. A certified
check
for
$200
payable
to
the
suitable bank or
District Treasurer,
trust company the successful bid¬
jis required.
der may designate. A
single rate
MISSISSIPPI
of interest in multiples of Va or
Detroit, Mich.
1/10 of 1%, to be designated by
Covington County (P. O.
Bond Offering—John N. Daley, the
purchaser in his bid. * The
Collins), Miss.
Bonds Approved as to Legality
City
Controller, J will
receive printed bonds and the approving
sealed bids until 10 a.m. (DST) on opinion of Dorsey, Colman, Bark¬ —An issue of $67,000 community
June 8 for the purchase of $553,000 er, Scott & Barber, of Minneap¬ hospital bonds has been approved
not to exceed 4 % interest public olis, will be furnished the pur¬ as -to
legality
by
Charles
&
utility water refunding, series R chaser without cost. .No bid for Trauernicht, of St. Louis. "
coupon or registered bonds. Dated less than par and accrued interest
Ripley, Miss.
Dec.
15,
1947.
Denomination will be considered.' A certified
for
$1,000;
check
lows:
District
Due on Dec. 15, as fol¬
$39,000 in 1956; $56,000 in
1957; $66,000 in 1958; $78,000 in
1959; $92,000 in 1960; $105,000 in
1961, and $117,000 in 1962, all in¬
clusive.
to
be
in
Rate
or
rates of interest
multiples of
Va of 1%.
Principal and interest (J^D) pay¬
any
$1,000 payable to the
Treasurer, is required.
Bond
,
son,
Offering—W; H.
City Attorney, will
sealed bids
Minneapolis, Minn.
Bond
Sale
—
The
-■
$8,891,548.34
on May
awarded
as
27—v; 167, p; 2181^were
in
combined
syndicates headed
able at the current official bank of by the Northern Trust Co.: of Chi¬
the City in New York City, Chi¬ cago, and Phelps, Fenn & Co. of
•
Ander¬
receive
14 for the
purchase of $230,000 street im¬
provement bonds.
Due on July 1,
bonds offered at1 auction
to
until June
follows: $5,000 in 1949; $40,000
1950;
$25,000
in
1951;
$15,000
from 1952 to 1958; $10,000 in 1959,
and $5,000 from 1960 to 1968 in¬
clusive.
•
54; (2410)
,±0;
THE
Bonds Approved
,
as
Albion'
to Legality
$361,000
be
r
•
_
public
bonds offered oh
purchased by the
May 19 were
City National Bank & Trust Co.,
George K. Baum & Co., both of
Kansas City, and Dempsey-Tegeler & Co., of St. Louis, jointly, at
a price of
100.005, a net interest
cost of 1.977%, as follows: $137,000 as 2s, maturing $5,000 in 1949;
:
$15,000 in 1950 and 1951; $16,000
; in 1952 and 1953; $17,000 in 1954
; and 1955; $18,000 in 1956 and 1957;
$38,000 as l%s, maturing $19,000
in 1958 and 1959, and $205,000 as
2s, maturing $20,000 in 1960 and
•1961; $21,000 in 1962; $22,000 in
1963; $23,000 in 1964; $24,000 in
1965, and $25,000 from 1966 to
-1968 inclusive. Dated June 1,1948.
Approved as to legality by Charles
& Trauernicht, of St. Louis.
"
"
•
k,.
to
voters
be
will
at
held
West
torium
on
April 6
the
at
were
2s, at
a
bonds
election
sold to
a
held
tion held
au¬
on
local bank,
ap¬
proved the issuance of $20,000 air¬
port improvement bonds.
Union, Mo.
—An issue
of $23,500 fire station
city jail construction bonds
has been approved as to legality
by Charles & Trauernicht, of St.
and
Louis.
Webster
Groves,
Nov.
states
that
the
offered
recent
a
election
National
0.843%
1948.
Bank,
Boston,
at
Dated May 25,
discount.
Due
Dec. 30, 1948.
The
highest bidder was the In¬
next
at
First
of
dian Head National
Bank, Nashua,
0.845%.
Nashua
Housing Authority, N. H.
Chairman,
away,
sealed
bids
until
will
10
receive
a.m.
(EST)
June 2 for the purchase of
$66,000 temporary loan notes. Dated
on
approved by Caldwell, Marshall,
Trimble & Mitchell of New York
a
majority.
Bergen County (P. O.
Hackensack), Ni J.
Bond Offering—Sealed bids will
be received until noon
chase of $540,000 coupon or
regis¬
tered
improvement bonds.
In¬
terest rate is not to exceed
Marie Clark,
the bonds
Chouteau County School District
\ No. $6 (P. O. Carter), Mont.
of
Bond Sale Postponed—The sale
the $33,000 construction and
and
are
to
Falls,
der
&
Bond
-
Offering—K. P. Abbey,
Clerk, will receive sealed
City
bids until 10
Camden
County (P. O.
Camden), N. J.
Offered
to. exceed 2lk% interest refunding
—were
bonds divided
as
follows:
tified
cer¬
check
Bond Sale—The
$312,000 bonds
on May 25—v.
167, p. 2182
purchased by B. J. Van Ingen & Co., New York and
Buckley
Bros., of Philadelphia, jointly, as
2.05s, at a price of 100.15, a basis
for $1,860 pay¬
of 2,032%, as follows:
City, is required.
85,000 refunding bonds. A certi¬ $188,000 County park of 1948
fied check for $850 payable
;
x bonds.
to the City, is required,
124,000 County improvement of
11,000 refunding bonds, A certi¬
1948 bonds.
fied check for $110 payable
Dated June 1, 1948. Due
serially
to the City, is required.
on June
1, from 1949 to 1968 in¬
Dated July 1, 1948. The bonds clusive.
The next
highest bidder
will not - be sold for less than was J. B. Hanauer &
Co,, John
par and accrued interest to date Nuveen & Co., and D. A. Pincus
of delivery.
&
Co., jointly, for $312,000 as
2.05s, at 100.052. ^
'
able to the
I'
%
.
,
Hardin, Mont.
.
'
V''
Bonds
tion held
Not
Voted—At
'
an
sewer
bonds.
fmi Lawn, N. J.
elec¬
May 11 the voters
did not approve the issuance of
$155,000 water works and sanitary
on
Bond
Sale—The $54,000 bond*
offered on May 25—v. 167, p. 2182
purchased by the Paterson
Savings & Trust Co., of Paterson,
—were
The Town will
and
of
5%
of
the
bid, is
re¬
8
Clerk,
for
will
1948.
of
of
$11,000 in 1952 and 1953. Ral
to
be in
multiples
c
for all of the bonds. Princ
Vandewater, Sykes & Heckle:
New .York City, will be
fur;
nished
inter¬
of
to
the
withoii
purchaser
A certified check for
$1,05
cost.
payable to the Towp, is require
Morristown, Hammond,
Denomination $1,000 one for
Due on March 15, as fol¬
$500.
n
on
opinio
receive
1948 coupon or reg¬
bonds.
Dated March 15,
istered
1* V 1
■
at
1:30 p.m. (DST)
the purchase of
$142,500 not to exceed 5%
est school
■?
be delivered in New York
City c
sbch other place as
may. b
agreed with the purchaser aboi
June 22.
The approving
Union Free School District
June
;.j
the
sealed bids until
on
A.
pal and interest (J-D) payable ^
Bank of The Manhattan Cc
New York City.; The bonds wi
Z
District
»,|V
•_
1%, which mil
aR of the bond
New York
..
interest
same
No. 7 (P. O. Woverly), N. Y.
Bond Offering — Clayton Luckner,
•
]/4*or 1/10 of 1% and must be tl
NEW YORK
gatchie,
Macomb
Oswe
and
Depey-'
,
lows;
as
Orange and Maplewood
School District, N. J.
Offering
—
District
Clerk,
Clarence
sealed
(DST)
bids
until
8
$5,000
from
1950
of
of
be
Waverly.
delivered
The
June
30.
The
without
check
for
School
Newcomb), N. Y.
Bond Offering—Patrick J. Turn
ap¬
cost.
$2,850
A
certified
payable
to
$410,000 not to exceed 4% inter
est building coupon or
registerec
the
District, is required.
j
New
Bond
1948
from
be
the
at
North
Hawkins,
cost.
required.
Bond
Titus,
of
receive
of
Board
sealed
bonds divided
as
to
Trustees,
bids
follows:
until
exceed
building
5%
interest
in 1949;
',/>■
coupon
000
or
be
delivered
in
&
Hutzler.
Co., Jersey CRy.
The
$2,000 from chaser without cost.
A certified
from 1959 check for
$440 payable to the Dis¬
1964; $4,000 in
1965
and trict, is required;
1966, and $3,000 in 1967 and
1968, all inclusive. Bonds maturing in 1959 and thereafter
to be redeemable
at the. op*
/
1948.
notes
■
;
;
on
1949 to
1952, and-$7,000
-from 1953 to 1958, all inclu¬
sive.
N
$1,000. Dated June 1, 1948. Due on
June 1, as follows: $4,000 in 1949,
and $5,000 in 1950 to 1952. Rate of
sealed
coupon
bonds divided
as
or
registered
follows;
.
$15,000 sewer bonds. Dated March
5, 1948. Due $1,000 on March
5, from 1949 to 1963 inclusive.
li,000 storage r building bonds.
w
•
,
from
1
,
Edward, N. Y.
on
interest.'
any
66,000 refunding bonds. Due on bonds. ;■< Interest rate is not to ex*
July .l, as follo\ysi $6,000 ceed 5% payable J-D.
Denomy
??*
,
17,
bids until noon
June 2. for the pur¬
chase of $2$,000 noOo exceed
,4%
(DST)
be received until 4 p.m. (DST) on
Interest June 4, by Alan M. Graut, Jr.,
payment date thereafter at Town Supervisor, for the pur¬
par and accrued interest, in chase of $19,000 coupon or regis¬
inverse numerical order.
tered public improvement, 194$
and
1
June
,
receive
Bond Offering—Sealed bids will
tion of the Town on July 1,
1958,
p
dated
Bon# Offering — Arin^.. V,
Sheehan, Village Treasurer, will
(Pi O. Croton-on•
Hudson), N. Y.
,,
are
Due Dec. 17, 1948. i
Port
Cortlandt
.
Bros.!
mium of $3, to Bessemer Trust
1950 to 1958; $3,000
to
a.pre-]
■
.
New
1958 and on any interest as
may be agreed with the pur¬
date thereafter at
chaser about June 21,
The ap*
and accrued interest, in
proving opinion of Vandewater,
inverse numerical order.
Sykes & Heckler, of New York
50,000 water bonds. Due on July
City, will be furnished the pur*
follows:
as
p —''
1,700,000 at'1%, plus a premium
of $850 to the New York Trust
Co.,New York, ;
5
!
1,570,000 at 1.09%, to Lehman
Bros., New York. (\
1,000,000 at 1.10%, plus- a pre¬
par
as
awarded
mium of $10 to Salomon
payment
1,
2305—were
p.
5,000,000 at 1.10%, plug
York City or at such other place
1,
$15,450,r
loan notes .(Issue
$6,180,000 at 1.10%, to the Chem-|
leal Bank & Trust Go*
New]
York, and Associates.
$1,000 in 1950, and $1,500
will
temporary
167,
sewer
July
York City Housing
Authority, N. Y.
follows:
as
on
purchaser without'
XXimfOh rNfay
from 1951 to 1963 inclusive. Prin¬
option of the Town
the
A certified check for 2% of
Notes Awarded —The
school
bonds. Due on July
cipal and interest (M-N) payable
follows: $2,000 from 1950
at the Adirondack National Bank
to 1958; $3,000 from 1959 to
& Trust; Co., Saranac Lake.
Rate
1966, and $4,000 in 1967 and of
interest to be in multiples of
1968,
all
inclusive.
Bonds
V4 or 1/10 of 1%, and must be the
.maturing in 1959 and there¬ same for
all of the bonds. " The
after to be redeemable at the
bonds
1,
office of
Woo#,
as may
New
registered
bonds.
Dated May 1, 1948.
De¬
nominations $500, one for $180.
Due on May 1, as follows: $1,180
8
&
the amount of bonds bid- for, pay
ale to the District, is: required.
bids, at the office of C. W. McCor-
Offering—Garland Stew¬
Clerk
$50,000
place
mick, 56 Main Street, Saranac
Lake, until 4 p.m. (DST) on June
3 for the purchase of $21,680 not
Belen, N. Mex.
in-:
of
New York
District Clerk, will receive sealed
NEW MEXICO
at the
Delafield
furnished
James
National
Rate
qf;
City, or at such other
be agreed upon with;
the
purchaser.
The
approving
opinion of Hawkins, Delafield 4
Wood, of New York City, will b
able to the Board of
—
Creek
will be delivered
highest bidder was the Ma¬
of Haw¬
kins, Delafield & Wood of New rine Trust Co., Buffalo, for 1.70s,
at 100.158.
York City, that the
bonds are
valid and legally binding obliga¬
Brighton Common School District
tions of the Board of Education.
No. 1 (P. O. Saranac Lake),
A certified check for $2,000 pay¬
New York
Offering
and ^$25,000
terest to be in multiples of
% 01
1/10 of 1% and must be the same
for all of the bonds.
The bonds
1, from 1949 to 1955 inclusive. The
Bond
1962,
Bank, North Creek.
next
Education, is
to
cipal and interest (M-N) payable
Sale—The $11,500 fire of
offered on May 24—
bonds
167, p. 2305—were purchased
by the National Commercial Bank,
fur¬
1953
from 1963 to 1967 inclusive.
Prin-,
York
v.
nished with the opinion
1, 1948. Denom;<
Nov. 1, as follows
on
j $17,000 from 1948 to
1952; $20,001;
Each proposal must specify
of Albany, as 1.10s, at par.
a single rate of interest in a mul¬
Dated
tiple of Vs or 1/20 of 1%. The May 1, 1948. Due serially on May
will
bonds. Dated July
$1,000. Due
Slingerlands Fire District
(P. O. Slingerlands),
>
to
Cit.y.
bidder
2s
Newccmb Central School District
No. 1 (P. O.
Bethlehem and New Scotland,
1963, and $6,000 from 1964 to 1968,
all inclusive.
Principal and in¬
terest
(J-D)
payable
at
the
Guaranty Trust Co., New York
successful
Nap!
as
for 2V2S, at 100.44.
,
about
Hammond,
$2,000 each year.
The nex
highest bidder was Roosevelt ^
Cross, and Tilney & Co., jointly!?
New
at
Citizens
Due
City or at such other place
may be agreed with the pur¬
chaser
p.m.
on
follows:
all
the
of
proving opinion of Vandewater, mins, District Clerk, will receive
Sykes & Heckler, of New York sealed bids until 3.30 p.m. (DST;
City, will be furnished the pur¬ on June 10. for the purchase 0:
re¬
June 7 for the purchase
$100,000 not to exceed 4% in¬
of
Bank
chaser
E.
will
lor
by
Bank
tional
Principal and interest
will
bonds
York
South
Bond
same
wert
purchased
1/10 of 1%,
or
(M-S) payable at the Citizens Na¬
Co., jointly, for l%s, at 100.152.
Stevens,
bonds.
tional
p.m.
(MST) on June 11 for the
purchase of $166,000 not to exceed
6%
interest
general obligations
a.m. (EST) on June
9 for the purchase of $282,000 not
$186,000 refunding bonds. A
for
Barton
Shields & Co., and Stroud
was
in-any
legally acceptable- proposal.
The
must accompany each bid.
Mont.
check
quired.
the
successful
fur¬
All bids must
printed bonds and the
opinion of Myles P.
Tallmadge, of Denver. A certified
1.726%. Dated June 1, 1948.
Due serially on June 1, from 1949
to 1963 incl. The next highest bid¬
will
be
trie
on
.
bids until 11 a.r
June 8 for the purchaJ
of $52,500 not to exceed 5% inte
est highway machinery
coupon <
registered bonds.
Dated June
1948. Denom. $1,000, one for
$50
Due June 1, as follows:
$10,500 i
1949; $10,000 in 1950 and 195
approving
of
art,
will
paid
•
sealed
(DST)
commission
or
or
J}.
Bond
ceive
the
furnish the
in multiples of lk
and must be the
proposal will be consid¬
that specifies a rate
higher
than the lowest rate stated
equipment bonds offered on May nished
with the approving
opinion
17—v, 167, p. 1969—has been tem¬ of
Hawkins, Delafield & Wood, of
porarily postponed due to an er¬ New
York City. A certified check
ror in proceedings.
for $10,800, payable to the
county,
Great
allowed
be
be unconditional.
$208,000 water
ered
bidder
r
Duell, Town Supervisor, will
which
at
purchase
discount
no
Bank, and Van Deventer Bros.,
Inc., both of Newark, jointly, as
l%s, at a price of 100.178, a basis
bear,
no
interest
sale of such bonds.
terest school coupon or registered
bonds. Dated June 1, 1948,
De¬
nomination $1,000. Due on June 1,
6%,
payable J-D. Denomination $1,000.
Dated June L 1948. Due on June
Town Clerk, will receive sealed
1, as follows: $65,000 in 1949 to
.bids until 8 p.m. (MST) on June
1952, and $70,000 in 1953 to 1956.
14 for the purchase of $35,000 not
Principal and interest payable at
tq exceed 6% interest water sys¬ the
County Treasurer's office, or
tem bonds. Dated July 1, 1948.
at the Chemical Bank & Trust
Co.,
Amortization bonds will be the
New York City.
Each proposal
first choice and serial bonds will
must specify in a
multiple of %
be the second-choice of the Town
or 1/20 of 1% a
single rate of in¬
Council,
terest which
—
-
of >%.; or 1/10-of
be the same for
ster, Central School District
$7,509 in 1949 $7,009 from
'.'4
New York
system of 1948 bonds offered on 1950 to 1953; $9,000 from 1954 to
Bond Sale —«The
$50,000 regis!
May 27—v. 167, p. 2182—were 1956; 10,000 in 1957 and 1958, and
tered building bonds
offered-ofe
purchased by the National State $3,000 from 1959 to 1978, all in¬
clusive.
Rate of interest to be May 20 — v, 167, p. 2078 —
Bond. Sale—The
cost.
(DST), on
heavy June 9, by A. Theodore
Holmes,
County Treasurer, for the pur¬
Belgrade, Mont.
Offering
and
shall
Due serially on
ceive
NEW JERSEY
MONTANA
Bond
1, 1947.
of
bonds at par. The bonds shall be
at not less than par and ac¬
crued interest to date of delivery
Due seri¬
City, and a copy of such attor¬
ney's approving opinion will be
furnished the purchaser without
approved
by
1947.
rate
bidder, will
sold
on
the
Mo.
the proposal to issue $150,000 park
and recreational facilities bonds
at
the
.
The City Clerk
voters
lowest
Nov. 1, from 1949 to 1966, incl.
$100,000 school
May 26 were
Millburn Township School District
purchased by Kenneth B. Hill &
(P. O. Millburn), N. J.
Co., of Boston, and F. W. Home
Bond Sale—The $74,000 school
&
Co., of Concord, jointly, as
2%s, at a price of 101.519, a basis of 1948 bonds offered on May 24
of 2.328%.
Due $5,000 on July 1, —v. 167. p. 2182—were purchased
from 1949 to 1968 inclusive. The by the Fidelity Union Trust Co.,
next highest bidder was the Sec¬ of Newark, as l%s, at a price of
ond
National Bank, Boston, for 100.015, a basis of 1.247%. Dated
June 1, 1948.
The next highest
2%s, at 101.41.
bidder
was
the
Union
County
Nashua, N. H.
Trust Co., Elizabeth, for
l%s, at
Note Sale—The $200,000
100.055.
tempo¬
rary loan notes offered on May
Paterson, N. J.
25 were purchased by
bonds
as
—
v
on Nov. 1, from 1949 to
1967, incl. 4,000 improvement bonds. Dated
Moultonboro School District, N, H.
*
Bonds Voted
,
interest to be stated in multipll
the issues and said - bids shah
specify (a): the lowest fate of in*
terest and premium, if any, above
I
par, at which such bidder will
purchase the bonds/and (b) the
Due serir
1, 1947.
Dated July 1* 1948. ^Bidders are
r
ally
June 15, 1948.
Due April 1, 1949.
The validity of the notes will be
Bonds Approved as to Legality
4
Monday, ,May -J 1)191
required to submit bids for all of
Nov. 1, from 1949 to
on
Dated Nov. 1,
price of 100.666.
Note Offering—Aaron A. Hark-
special elec¬
May 19 the voters
on
a
/
1953, incl.
5,000 paving bonds. Dated Nov.
1, 1947. Due serially on Nov.
1, from 1949 to 1952, incl. 5,000 "general improvem't bonds.
NEW HAMPSHIRE
Nevada, Mo.
a
Dated Nov.
Neb.
"
Bonds Voted—At
a
$30,000 audi¬
construction
thorized
as
Point,
Sold—The
100.09,
Bond Sale—The
Mo.
Bond Sale—The $380,000
improvement
bonds
the
election
Bonds
Waeckerle,
Ferguson,
to
price of
a
$32,000 emergency housing bonds.
Dated May 1, 1948. Due seri¬
ally on May 1, from 1949 to
1953, incl.
8,000 street
assessment
bonds.
ally
Eisen
City,
Bankers Bond & Securities Co., of
Hannibal, and A. G. Edwards &
Sons, of St. Louis, jointly. Dated
June
1, 1948.
Due serially on
March 1, from 1949 to 1968 incl.
&
construction
special
purchased by Lucas,
of Kansas
were
$cIm»oJ^lsirict^flh''-0<i
submitted
2.80s, at
June 8.
District, Mo.
Bond Sale—The $293,000 school
building bonds offered on May 21
.
CHRONICLE
basis of 2.783%vfiafbllowsj V;
Bond Election—The issuance of
by Charles & Trauepnicht, of St. Louis.
School
as
Albion), Neb.
to legality
Chili cot he
FINANCIAL
,
NEBRASKA
-—An issue of $60,000 electric rev¬
enue bonds has been
approved as
'
&
,
MISSOURI
Cabool, Mo.
;
COMMERCIAL
-
Dated dune. 15, 1948. Due
$1,000 on Dec. 15, from 1948
tq
.
'
■
1957 inclusive.
"
7
Volume 167
Number .4703
THE
000 not to exceed 4% interest
.Portville, Qlean and Hinsdale,
■Central School District No.' 1
5
A
sealedbids
(DST)
until
E. i$888,000 school bf'*1948
re¬
2 .p.m.
follows:
as
•1949;-
$40,000 series A of 1048 bonds.
/Dub' $10,000 on May 1,, from
-
,
A >1949: to
1952 inclusive.
■
>
bonds;
series
B
of
May
on
bonds,
1948
$2,000 in
1,
1949
and
follows:
and
1952, all
as
and
incl.
$42,000
'
000. Principal and interest (M-N)
payable
at
the
First
National
Bank, Olean. Rate of-; interest
be in multiples of % or 1/10
1 %, and must be the same for
of the -bonds. The bonds will
delivered? at %New :Ybrk> City,
at- such other : place as, may
to
of
all
be
or
•
interest to
City
Comptroller,
3
office.
The
at
South
City,
divided
as
follows:
iA Due March 16,
-
700,000 capital
/
,.
ment)
-
Due
notes.
^
capital
(Fire
Dated June 16,
June
1948.
16,
-
7
(R. D. No. 3, Schenectady),
New York
Bond
Jr.,
,$en,
from
New
York
City,
or
v,
;
Village
'teive
—
bids
Charles Pugwill re-
until
7.30
'
on
p.m,
June 7 for the purchase
Jot $23,500 not to exceed 5% in-
Herest public improvement, 1948
coupon or registered bonds. Dated
f
June' 1, 1948. Denomination $1,000
one for $500.
Due on June 1, as
follows: $4,500 in 1949; $4,000 in
1950, knd $5,000 from 1951 to 1953
inclusive. Principal and interest
(J-D) payable at the First Na¬
tional Bank & Trust Co., TuckaRate
of
interest
to
be
$308,000
The
'
1964; $14,000
in 1965 and
1966; $15,000 in
1967; $18,000 in 1968, and
$96,000
as
3%s,
maturing
$18,000 in 1969; $19,000 in
1970 and 1971, and
$20,000 in
"/• 1972 and 1973.
'v •
'
13,000 school bonds as 4s, at a
approving opinion of
check
cost. A cerfor $470 payable to
is required.
-
Yonkers, N.
Y.
price of 100.10,
\ \ Bond Offering—John A. Peter¬
son, City Comptroller, will receive
Sealed bids until noon (DST) on
June 8 for the
purchase of $1,515,-
cost
-
-
of 3.971 %.
oh June 1,
a
i-\.*
»
net interest
Due
serially
from 1949 to 1954,
7 7. incL %
-77^7;,
7Dated June 1, 1948.
(•;.:><«
-777;, 7
;
v.:;-.Us WX
■
t
Commission^,
sealed
.
bids
1
to
his
at
a.m.
$4,000
will
receive
office
(EST)
in
Ra¬
June
on
for the purchase of
$50,000 not
exceed
6%
interest coupon
bonds divided
follows:
as
$32,000 water and sewer bonds
($12,625 water bonds and $19,375
sanitary sewer bonds).
Due on June 1, as follows:
$1,000 from 1951 to 1962, and
$2,000 from 1963 to 1972, all
received until
purchase
$1,000 from
1951
to
1958
in¬
clusive.
5,000 Town Hall bonds. Due $500
on June 1,. from 1951 to
1960
inclusive.
•
Dated June
1, 1948. Denomina¬
Principal and interest
(J-D) payable in New York City.
tion $500.
Bond Offering
i.. t ui
—
W. E. Easter-
ling, Secretaiy of Local Govern¬
ment Commission, will receive
sealed
bids
at
his
office
in
Ra¬
leigh, until 11 a.m. (EST) on June
1 for the purchase of
$100,000 not
to
exceed
6%
interest
coupon
school bonds.
Dated June 1, 1946.
Denomination
$1,000.
Due
on
June 1, as follows: $3,000 from
bonds.
of,
$125,000
building
Interest rate is not to
April 1, and $2,000 Oct.
on
1964
1970.
to
to 1952;
$7,000 from 1953
1955; $5,000 from 1956 to 1960,
$7,000 from 1961 to 1966, all
and
inclusive.
Bidders
to
name
in
multiples of
Wilkes
are
requested
the interest rate
or
rates
of 1%.
County (P. 0. Wilkesboro),
North
Carolina
Bond Offering
—
W. E. Easter-
ling, Secretary of Local Govern¬
Commission, will receive
ment
sealed
bids
at his office in
leigh until 11
1
for the
to
Ra¬
(EST) on June
purchase of $50,000 not
exceed
a.m.
6%
bonds divided
as
interest
coupon
follows:
$45,000 road and bridge refunding
Of 1948 bonds.
Due $9,000 on
June 1, from 1970 to 1974, all
5,000
.
school
refunding
of
1948
Tiffin
ex¬
1, in
Rate of interest
to
55
City School District, Ohio
The $18,000 school
Bond Sale
addition
—
bonds
offered on May 8
167, p. 1970—were purchased
by the City National Bank, of Tif*
fin, as 2V2S, at a price of 101.388,
a basis of
2.04%.
Dated May 15,
v.
1948.
Due
serially
Nov.
on
15,
from 1949 to 1958 inclusive,
OKLAHOMA
on
3%, payable A-O.
Denom.
$1,000. Dated April 1, 1948.
Due
as
follows: $3,000 on April and
Oct. 1, in 1949 to 1963, and $3,000
Aline
School
District+ Okla.
Offering—L. H. Barrows,
President of Board of Education,
Bond
will receive sealed bids hntil June
1 for the purchase of
$36,000 land
acquisition
bonds.
of
Bidders
interest.
and
to
construction
the
name
These
the
are
rate
bonds
authorized at the election held
on
May 18.
be in
multiples of
of 1%. Prin¬
cipal and interest payable at the
Exchange
Bank
of
Bloomville.
The bonds will not be sold at less
than
par
and accrued interest.
Legal approving opinion of Bricker, Marburger, Evatt & Barton, of
Columbus, will be furnished to
the purchaser.
A certified check
for $1,250, payable to the district,
must accompany each bid. -
Note
Offering
Agnes Brown
will receive
sealed bids until noon (EST) on
June 3 for the purchase of $239,-
Cain,1 City
000
not
exceed
to
$224,000
—
Clerk,
notes divided
street
6%
interest
follows:
as
improvement,
se¬
ries 90 notes.
15,000
sewer,
91 notes.
Dated
construction, series
June
16, 1948.
Denomi¬
nation $5,000 one for $4,000. Due
Dec.' 16, 1949. Principal and in¬
terest
(J-D)
Treasurer's
at the
payable
City
office.
Euclid
City
Sch.
Bond Sale—The
Drumright School District, Okla.
Bond
Offering—Lucile
Ander¬
son, Clerk of Board of Education,
will
receive
sealed
bids
until
8 p.m. (CST) on June 11 for* the
purchase of $216,000 not to exceed
3% interest building, repair and
equipment
bonds.
Due
$27,000
from 1951 to 1958 incl. The bonds
will
be
awarded
to
the
bidder
offering the lowest rate of interest
and agreeing to
pay par and ac¬
Columbus, Ohio
Dist.,
Ohio
$600,000 build¬
crued
interest.
for 2%
of the
A
certified
amount
check
bid, is
Quired.
,
W
re,
Henryetta, Okla.
The $387,500 bonds
offered on May 20 were
purchased
by R. J. Edwards, Inc., of Oklaho¬
ma
City, the only bidder. The
bonds consist of the
following:
Bond Sale
$236,500
—
water
works
extension
and
improvement bonds. Due
$18,000 from 1951 to 1962, and
$20,500 in 1963.
151,000 sanitary sewer and sew¬
age disposal bonds. Due $11,000
from
1951
to
1962,
and
$19,000 in 1963.
ing, unlimited tax bonds offered
The $7,000 cemetery site bonds
on May 25—v. 167, p. 2306—were
offered at the same time were
pur¬
purchased by a syndicate com¬ chased by the American
Exchange
posed of W. E. Hutton & Co., of
Bank, of Henryetta, the only bid¬
New York; Charles A. Hirsch & der.
Due $1,000 from 1953 to 1959
Co., of Cincinnati; Raffensperger
inclusive. AH of the bonds were
Hughes & Co., of Indianapolis; authorized at the election held on
William C. Seufferle & Co., and
April 20.
Browning & Co., both of Cincin¬
Quinlan School District, Okla.
nati, as 2V2s, at a price of 100.736,
Bond
Offering—Leonard Hina basis of 2.429%.
Dated June 1,
derliter, Clerk of Board of Educa¬
1948. Due serially on Dec. 1, from
1949 to 1971, incl. The next high¬ tion, will receive sealed bids until
8 p.m. (CST) on June 1 for the
est bidder was McDonald & Co.,
and Associates, for 2V2S,at 100.011. purchase of $6,500 transportation
equipment bonds.
Due $2,000 in
Franklin County (P. O. Columbus), 1951
and 1952 and $2,500 in 1953.
Ohio
Bond Sale—The
lin
Sewer
offered
$27,000 Frank¬
District
No.
4
bonds
May 25—v. 167, p. 2182
—were purchased
by J. A. White
& Co., of Cincinnati, as l%s, at a
price of 100.82, a basis of 1.59%.
Dated June 1, 1948.
Due serially
on Sept. 1, from 1949 to 1958 incl.
The
next
highest
bidder
was
Sweney, Cartwright & Co., for
l%s, at 100.723.
on
dhio
Huron,
Bond .Sale
The
$9,500 water
May 22—
v. 167, p. 2183 — were
purchased
by J. A. White & Co., of Cincin¬
nati, as 2i/4s, at a price of 100.873,
—
works bonds offered
a
basis of 2.074%.
cm
Dated June 1,
1948. Due serially on Dec. 1, from
to 1957 inclusive.
The next
1949
highest
bidder
Cleveland
the
was
Corp.,
for
First
21As,
at
100.74.
1949
to
Inclusive.
*7
.
(EST)
noon
ceed
inclusive.
13,000 street improvement bonds.
.Due on June 1, as follows:
-$2,500 in 1949 and 1950, and
000 in 1963 and
Jphrchaser without
tified
the Village,
bridge bonds,
1952; $7,000 in 1953 and
1954; $10,000 from 1955 to
1957; $11,000 in 1959 and 1960;
$i2,000 in 1961 and 1962; $13,-
Vandewater, Sykes & Heckler of
New York City, will be furnished
the
Sale—The $321,000 bonds
to
in
be
on
Washington County (P. O.
Plymouth), N. C.
on
and
follows:
as
leigh, until 11
County (P. O.
Washington), N. C.
Offering—W. E. Easter-
road
1,
Due
City.
ment
to
at a price of 100.027, a net in¬
terest; cost of 3.883%, as fol¬
lows: $212,000 as 4s, maturing
on
June 1, $6,000 from 1949
multiples of 14 or 1/10 of 1%, and
must; be the same for all of the
bonds;
Bond
-v"'-
June 4, by Arthur L. Saul, Clerk
of the Board of Education, for the
1961.
Stanley, N.C,
Bond Offering — W. E. Easterling, Secretary of Local Govern¬
Dated
follows:
'
lioe.
York
interest coupon school
May 25—v. 167, p. 2305
—were purchased
by a syndicate
composed of Pohl &. Co.; Fox,
Reusch
&
Co.;
Seasongood
&
Mayer; Walter, Woody & Heimerdinger, all of Cincinnati, and MeDougal & Condon, of Chicago, as
Treasurer,
sealed
(DST)
.
77;7V;r':
(P. O. Bloomville), Ohio
Bond Offering—Sealed bids will
in 1959
in
Denomina¬
$1,000 except one refunding
school bonds of $500.
Principal
and interest (J-D) payable in New
County (P. O.
Manteo), N. C.
offered
follows:
-Dated June 1, 1948.
.
Dare
Tuckahoe, N. Y.
■
tion
$40,000 in 1961 without option to
prior payment.
for
Bond Offering
lisi,
of
City,
6% interest coupon refund¬
ing bonds.
Dated June 1, 1948.
Denomination $1,000. Due on June
1, as follows: $10,000 in 1960, and
$1,300 payable to
District, is required.
,
amount
bonds.
from 1958 to 1960, and-$3,000
in 1961.
ceed
at
water, Sykes & Heckler- of New
York City, will be furnished the
purchaser without cost.
A certi¬
check
the
June
pur¬
certified
until 11 a.m. (EST) on June 1 for
the purchase of $50,000 not to ex¬
The approving opinion of Vande¬
the
of
the
A
cost.
ment
such other place as may be agreed
with the purchaser about June 30.
fied
funished
York
ling, Secretary of Local Govern¬
Commission, will receive
ealed bids at his office in Raleigh,
J%, and must be the
all of, the bonds. Prin¬
or
at
1949
Bond
cipal and interest ( J-D) payable at
the Schenectady Trust Co., Sche¬
nectady.
The bonds will be de¬
livered
2%
New
Beaufort
Due $6,500 on Dec. 1, from
to 1957 inclusive.
Rate of
1/10
be
of
school
June
on
1, as
$6,500 in 1958; $6,000
1960, and $8,000
.15,000 refunding bonds.
1953; $13,000 from
to 1958; $17,000 from 1959
1963, and $20,000 from 1964 to
1976, all inclusive.
Interest to be in multiples of %
or;
&
and
Hawkins,
1954
bonds.
Dated Dec. 1,
Denomination $1,000 and
same for
Wood
refunding
Due
.
to
^registered
$500.
for
of
building, series B bonds.
,
4948
Lehman
was
Sachs
follows:
as
$26,500
June* 1; 1946. Denomination $l,00(h
Due on June 1, as follows: $8,000
receive sealed bids until 3.30 p.m.
1947.
&
exceed 6%
Offering—Laurits AnderDistrict Treasurer, will
wfpST). on June 2 for the purchase
of $65,000 not to exceed 5% in¬
terest V; construction
coupon
or
•
Signature
District, Randolph
County (P. O, Asheboro), N. C.
Bond Offering—W. E. Easterling, Secretary of Local Govern¬
ment
Commission, will receive
sealed bids at his office in Raleigh
until 11 a.m. (EST) on June 1 for
the purchase of $450,000 not to
apparatus)
Rotterdam Fire District No1.
4jl*
divided
deliv¬
be
NORTH CAROLINA
notes. Due June ,16, 1949.-
-
will
ohio
of
Asheboro School
1949.
35,000
bonds
bonds bid for, payable to the
is required.
(street improve-
notes.
bidder
Goldman,
t
without
check
1949.
4600,000 tax anticipation
,4 v . Due June 16, 1949.
Rate
Co., 25
Street, New York
about June 23. r The
will
chaser
$1,100,000 tax anticipation notes.
-
Bros.,
recon¬
3.;
7'7-V-;<■
Bloom Twp. Local School District
ling, Secretary of Local Govern¬
multiples of V* ment. Commission, will receive
1963.
City, on or
approving opinion
of
notes,
and
William
Delafield
$2,435,000
in
to
next highest
to
in
the
v
(DST) on June 3 for the purchase
;
in
Dated June 1, 1948. Denomina¬
tion $1,000. Principal and interest
(J-D) payable in New York City.
of
for all the bonds.
ered
p.m.
until
cost
and must. be the sealed bids at his office in Raleigh
Principal until 11 a.m. (EST) on June 1 for
and interest payable (April and the purchase of $41,500 not to ex¬
Oct. 1) at the City Comptroller's ceed 6% interest coupon bonds
will
bids
sealed
be
1/10 ot 1 %
same
Rochester, N. Y.
Offering — W. Raymond
Whitley,
1959
or
the purchaser with¬
A; certified check for
$ 1,220 payable.: ta the School Dis¬
trict, is required.
*reeeive
$1,000
Due $1,000 on June 1,
tq 1974 inclusive.
1970
price
a
(2411)
'
interest
1949;
$135,000 from 1966 to 1968, and
1953;
$150,000 from 1969 to 1975, all in¬
to
1957,
clusive.
Dated June 1, 1948. The
1958, all in-
equipment
$45,000 in
out host.
'"''%•■••'
Charlotte, at
net
a
par,
.
agreed with the purchaser about
June; 20,
1948. v, The
approving
M 1 Note
$3,000,000
>
he
'opinion of Vandewater, Sykes &
Heckler,; of New York City; will
be furnished
bonds.
from
1.9363%, as follows: $150,000 as
6s, maturing $60,000 in 1951; $90,000 in 1952; $630,000 as iy2s, ma¬
turing $90,000 from 1953 to 1959;
$765,000 as 13/4S, maturing $90,000
in 1960; $135,000 from 1961 to 1965
and
$1,455,000 as 2s, maturing
June 1,
on
The
—
Co.,
Stone & Webster Securities
struction
Corp.,
bonds.
Denomina¬
R. W. Pressprich & Co., Salomon
tion $1,000 one for $500. Due
Bros. & Hutzler,
Hemphill, Noyes
on June
1, as follows: $34,& Co., Interstate Securities
500 in 1949, and $30,000 from
Corp.,
Charlotte, Hannahs, Ballin & Lee,
1950 to 1953, all inclusive.
R.
D. White & Co., and Oscar
Dated June 1, 1948. The aggre¬
Burnett & Co., jointly, for
$150,gate maturities of said $1,515,000
000 as 6s, $2,085,000 as
2s, and
bonds will be June 1, as follows:
$765,000 as l%s, at par.
$168,000 in 1949; $160,000 from
Richmond County (P. O.
1950 to: 1953; $105,000 in
1954;
v
$100,000 in 1955; $90,000 in I9ot»
Rockingham), N. C.
Bond Offering—W. E. Easterand
1957; $87,000 in 1958, and
154,000
Dated May 1, 1948. Denom. $1,-
;
of
elusive.
1950,
$i,000 in 1951 and
....... :,d
Due
$50,500
from 1950
from 1954
$50,000
$45,000
'
Due
t
$500.
follows:
as•>
to 1952 inclusive.
6,000
i
Denomination
for
one
CHRONICLE
building,
& Co., of
son
'
,15,000 series C of 1948 bonds. Due
^'ir.-pn May^ 1, 'tis follows: $3,000
i'-'in 1949, and $4,000 from 1950
«K'-
bonds. De¬
1953; $60,000 in 1954; $55,000
in 1955; $50,000 in 1956 and
1957j and $45,000 from 1958
td 1963, all inclusive. 7-;
472,000
street
improvement
.nA;
FINANCIAL
series A bonds
offered on May 25—v. 167, p. 2306
were purchased by R. S. Dick¬
$1,000.
Due on
1, as follows: $83,000 in
$80,000 from 1950 to
June
June, 3 for the purchase
of $61,000 not to exceed 2Vz% in¬
terest coupon or registered bonds,
Sale
school
nomination
on'
divided
Bond
,as
•/Bond pjfffring ~ R a X p.vh
Bruqdage, District Clerk, will
&
Mecklenburg County (P. O.
Charlotte), N. C.
cou¬
pon ^ registered bonds, divided
follows:
//
V (P. O. Portville),\N. Y.
ceive
COMMERCIAL
Madison,
Bond
Sale
—
Ohio
The
The bonds will be awarded to the
bidder offering the lowest interest
rate and
accrued
agreeing to pay par and
interest. A certified check
for 2%
of the amount
April 30—v. 167, p. 1742—
were purchased by J. A. White &
Co., of Cincinnati, as 2V2s, at a
price of 101.311, a basis of 2.312%.
Dated April 1, 1948.
Due serially
on Dec. 1, from 1949 to 1960 incl.
on
re¬
OREGON
Albany, Ore.
Bond
stated
Issuance
Expected—It
is
by the City Recorder that
the city expects to offer for sale
in the
near
future an issue of
$153,000 Bancroft bonds.
La
Grande, Ore.
$20,585.33 4%
improvement bonds offered on
May 19—v. 167, p. 2183 — were
purchased by the United States
Bond
Sale —The
National
Bank, of Portland, at a
price of 101.65, a basis of 2.644%.
Dated Feb. 1, 1948.
Due serially
on Feb.
1, from 1949 to 1958 incl.
The next highest bidder was Blyth
& Co., at 101.63.
$17,00.0 fire
station construction bonds offered
bid, is
quired.
Bond
erans'
Oregon (State of)
Sale—The $1,000,000 vet¬
welfare
bonds
offered
on
May 25—v. 167, p. 2078 — were
purchased by the First National
Bank of Chicago, United States
National Bank of Portland, and
Harris, Hall & Co., of Chicago,
Stryker Local School District, Ohio jointly, as IV2S, at a price of
100.3102, a net interest cost of
Bond Sale
The $100,000 im¬
1.46%. Dated July 1, 1948.
Due
provement bonds offered on May
Oct.
1, 1958. The next highest
22—v. 167, p. 2182 — were pur¬
bidder was the Bankers Trust Co.,
chased by
the First Cleveland
New York, and Brown Bros., HarCorp., of Cleveland, as 21/4s, at a
riman & Co., jointly, for IV2S, at
price of 101.661, a basis of 2.04%.
100.209.
Dated June 1, 1948.
Due serially
—
on
March and
Sept. 1, from 1950
to 1963 inclusive. The next high¬
est bidder was Braun, Bosworth &
Co., Inc., for 2%s, at 100.879.
Washington County School District
No. J3 (P. O. Banks), Ore. Bond Sale
The $97,000 con¬
struction bonds offered pn May 21
—
50
(2412)
THE COMMERCIAL & FINANCIAL CHRONICLE
-purchased5! by;; the f United supervision of
were
States National Bank, of Portland,
at a
follows: $46,000
as 2%s, maturing $4,000 on May 1,
from 1949 to 1952; $5,000 from
1953 to 1958, and $51,000 as 3s,
maturing $5,000 from 1959 to 1967,
and $6,000 in 1968/ all inclusive;
Dated May 1, 1948. The next high¬
est bidder was'Blyth, & Co., for
$3i,0OO as '3s, $40,000 as 2Vzs, and
2.767%,
$26,000
as
as
23/4S,.at par.
their
First
price of 100.144, a net interest
cost of
to
as
and
authenticated
genuineness; by
National
Bank
of
legality will be approved by
Storey, ? Thorndike,- Palmer
&
Dodge of Boston, a copy of whose
opinion will accompany the bonds
when delivered to the purchaser,
f
No
bids for less than; par and
accrued * interest to date Of deliv¬
ery
will:
:
right
is
and all
v
be
considered.
reserved
to
Bond
Boston.
Their
>
Offering
ceive
sealed ? bids
Big Run,
-
Voted
Bonds
election held
—
the
lows:;;;
April 27 the vot¬
ers approved the issuance of $15,000 building construction bonds.
May 24—v. 167, p. 2183—were
purchased by R. S. Dickson & Co.,
of Charlotte; F. W. Craigie & Co.,
on
Dunmore, Pa,
,
x
on
,
Bonds
Publicly
Offered
—
of Richmond and Hamilton & Co.,
A
group composed of Kline, Lynch I Chester,
& Co., Fox Reusch & Co., both of ] 100.012/
Cincinnati, Aspeden, Robinson &
<Co/ of Philadelphia ;and/Magnus- &
Co. of Cincinnati, are offering for
subscription
public
an
issue: of
building and
3V4%
$165,000
re¬
Dated June 1,
1948. Denomination $1,000. Due on
June fl: as follows: $6,009 from
1949: to .1958, and. $7,000 from
funding
;
1959
bonds.
>
Jointly,
at a .price of
net interest cost of
2.3856%, as follows: $80,000 as
2Vzs, maturing,$20,000 on June 1/
from 1949 to 1952; $200,000 as
2V4s, maturing $20,000 on June 1,
from 1953 to 1962, and $120,000 as
2V2S, maturing $20,000 from 1963
to 1968, all inclusive. Dated June
1, 1948. The next highest bidder
was the Harris Timst & Savings
a
to-1973, "all inclusive/* Bpnds Bank/ Chicago, E. H. Pringle &
Co.
James
and
Conner
&
Co.,
inaturing from 1965 to T973, are
callable on any interest date be¬ jointly, for $60,000 4s; $160,000
ginning June 1, ; 1964;* at par. 2V4S and $180,000 as 2^s, at par.
Approved as to legality by Towns- j/'.;
Cayce, S. C.
end, Elliott & Munson of Philadel¬
Bond Salef—An; issue of $30,000
phia,■,
4V4%
junior lien water works
revenue bonds was purchased re¬
.Harrison Township(P. 0<;
.'df ^Natrona), Pa."
cently by the Robinson-Humphrey
//
Bond Sale—The $50,000 general Co., of 'Atlanta. 'Dated March 1,
Obligation bonds offered on May 1948. Due on March. 1/ as fol¬
j24 ^ere^ purchased; by ? Arthurs, lows: $3,000 from 1953 to 1957,
JLestrange & Klima of Pittsburgh, and $5,00Q from 1958 f to 1960 in*
as 2s, at 101.188. The next highest elusive. Subject to redemption on
bidder was Fauset, Steele & Co., March 1,
1951, or any interest
for 2s, at 100.878.
payment date thereafter. Princi¬
;;
pal and interest (M-S) payable
Lackawanna County (P. O. <
at
the South Carolina
National
,
.
.
.
Sale —The
Bond
$340,000
re¬
is
fire
stations
improve¬
June 15,
as
follows:
$2,000 in
1949;
$3,000 from 1950 to 1955; $4,000 from 1956 to 1965, and
$5,000 from 1966 to 1973, all
inclusive.
Due
A
on
certified
an
offering of $10,000,000
Milbank, S.B.
on May 25—v. 167, p. 2307—were
purchased by John Nuveen & Co.,
of Chicago, as 2%s, at a price of
100.79, a net interest cost of 2.18%.
Dated July 1, 1948.
Due serially
bonds to' finance the
of
initial? cost
a
price of 101.966,? a basis of
1.679%. Dated June 15,1948. Due
on June 15, from 1949 to
serially
the program
calling; for ithe 1958 inclusive, The next highest
cohstructibn^/of -five ;-pubIicly4 bidder was the Farmers & Mer¬
owned garages.
The bonds will chants Bank, Watertown, for 2s
be payable exclusively from, rev¬ at ioi.933.
enues
of the authority ' and will
.
,
not constitute an
indebtedness
TENNESSEE
or
Portland, Tenn.
Bond Sale
<P. O. R. D. No. 1, Worthington), of
Pa.
Sale—The $40,000 school
improvement bonds offered on
•
Bond
May 25 were purchased by Ar*
thurs, Lestrange
&
Klima,
of
Pittsburgh. Due $2,000 from 1950
to 1969, incl.
•
RHODE ISLAND
:
Middie ton, J?.' /.
p Bond fe Offenng — William
Chase/ Town ^Treasurer, will
C.
re*
bids until 2 p.m.
(DST), on June 3, for the pur¬
chase of $30,000 coupon sewerage
loan, act of 1941 bonds.
Dated
gyceive
sealed
$225,000 gas system rev¬
enue, series 1948 bonds scheduled
for May 21—v. 167, p. 2079—has
been postponed.
Waynesboro, Tenn.
Sale—The
$75,000 water
on May 18—
works bonds offered
y/
v
Postponed—The sale
the
Bond
bdndf divided as
/167^p/*2Q79*-^e^
by the Bank of Waynesboro, and
the
Wayne
County
Bank,
of
Waynesboro, as 3^s, at par. Dated
Feb. 1, 1948. Due serially on Feb.
1, from 1951 to 1967 incl. Interest
payable F-A.
v
.
; r
Jr., City Secretary,: will
450,000 bonds divided
as
follows:
$3,250,900 various? purposes •: general obligation bonds. ?: 1 "> -•
bonds.
works
inclusive..:
r
full
details
from
1949
1956 inclusive.
to
the
offering
the
City's fiscal agent, The Ran¬
Company,
Inc.,
Fort
Worth, Texas
Secretary
I
'/ppd
.;:'lliohd$>Ahthorfzed44iyitlssite^I'
$3,600,000
bonds was
s c h o o 1 construction
recently authorized by
the City Council,
WASHINGTON
Kittitas
Consolidated
County
School District No. 403 f
y
-
O. Ellensburg),
fP.
y•.
Wash.
Bond Offering
—
Lucille Veen-;
huis,
County Treasurer, will re¬
ceive sealed bids imtil 10 a.m.
(PST)
.on
June
14 for the pur¬
6f' $100,000 not ? td exceed
4% f interest
general, obligation
bonds. Dated July 1, 1948. Denom.
$1,000. Due serially on July 1, as
follows: $6,000 from 1950 to 1952;
chase
$7,000 from 1953 to 1958, and $8,from 1959 to 1963, all inclu-.
The; District:^ reserves vth^
000
sive;
•
right/to redeem
all of the
any pr
unmatured and
outstanding bonds
of the issue at par in inverse nu¬
merical order
on
any
interest
pay¬
ment date oh and after five years
from
date of issue.
interest
(J*J)
Principal and
payable ^ ai/vcthe
County Tireasurer's office. Bidders
required to submit a bid spe¬
cifying either (a) the lowest rate
of interest, and .premium; if any,
are
above
par
at which the bidder
purchase the bonds, (b) the
lowest rate of interest at which
will
the
will
bidder
purchase
the
bonds at par. " The bonds will be
sold with the opinion of Preston,
Thorgrimson & Horowitz, of Seat¬
tle, approving the legality of the
bonds.
A certified check for 5%
Of the amount of the
quired.
bid, is re-y
V
<
Skamania County: (P. O* '
...
SalfcThe $45,000 court
house bonds offered on May 24—
Bond
2184—were purchased
Bank of Stevenson. The
serially on July 1>
from 1950 td 1970 inclusive,
167,
v.
p.
the
mature
Birdsong,
$425,000
-
improvement, se¬
street
Due $17,000 on
ries 74 bonds.
June
sanitary
250,000
'y and
1949
1, from
::V"
incl.
June 1,
incl.
Due $10,006
yy
„
bonds.
.
,
y
13
:Jvn'-vfrVyj r"
will be
works,
series
Due $3,000 on June
79
1,
oral
(CST)
on
H. Calland,
receive sealed
will
bids
until
7:30' p.m„
June 7 for the purchase
of $200,000 not to exceed 2 %' in-/
school
building; bonds/
July 1, 1948. Due $20,000*
July 1, from 1949 to 1958, all
terest
Dated
on
be
All
interest
rates
bid
must
in
multiples of V\ or l/10th
of .1%, and no " bid shall specify
Kilgore, Texas
a
Offering—R.
Clerk,
incl.
1948.
Bond Voted—At
h Bond
City
1
Wis.
Beloit,
and
V~';>y'
from 1949 to 1973/ incl.
y.
Feb.
on
WISCONSIN
system
disposal plant,
from 1949 to 1973*
water
held
purchased by the State.
1973,
225,000 airport, series 73 bonds.
Due $9,000 on June 1, from
1949 to 1973,
incl.^f '
75,000
election
sewer
sewage
series 78 bonds.
on
to
yyy,
y
recent elec-
tibri th« voters ^approved the is*?
suance of $650,000 hospital bonds.
more
f;than nne rate, of; interest
$Pply> to the 'dntire?
which shaU
issue, and no bid will be consid¬
ered for less than all of the bonds
The approving opinipn of; Chapman & Cutler/of €^ii—
cago, will be furnished the pur*chaser at the expense of the city.
The purchaser shall furnish. the
printed fbonds at his own .ex¬
pense,
Principal
and
interest
(J-J) payable at the City Treas¬
of said issue.
Muleshoe Indep. School
District,,
,
Bond Sale—The $150,000 school
series 1948 bonds offered
^
WEST VIRGINIA
Treasurer, will
receive bids until 10 a.m. (CST)
Charleston, W. Va,,
on
June 22 for the purchase of
Bond: Sale Contracted
The
$975,000 not to exceed 4% interest
coupon bonds, divided as follows: $350,000 bonds authorized at the
City
municipal finance consultants, in
Bonds Sold-**The First of Texas
Now/York; City/ which a firm as¬ Corporation of San Antonio and
sisted in the preparation of the
Moss, Moore & Co./ of Dallas, in
circular. *
; ffrffy/' joint account, have purchased an
issue of $110,000 3V^% and 3V2%
Cypress-Fairbanks Consolidated fschool; bonds/ due serially from
independent Schaolf District :
1948 to 1976 inclusive, The bonds
(P. O. Houston), Texas
are
the
unsold portion of the
.
"
VIRGINIA
by
som-Davidson
McMta/''K^n^^^t..;thCoffice3;of
Wamwright/Ramsey
Lancaster,
?
;•Alexandria,' Vap
bonds
Dated Ju'ne 1,
of
; improveihent
authorized recently by
the Board of Aldermen.
Stevenson), Wash.
College
$25,000
Denomination $1,000.
d
Copies of the circular contain¬
ing
airport;
was
,
„
200,000 Odessa Junior
District bonds. Due
revenue
wilt be available at the offices of
Due
$50,000 from 1949 to 1953:
$60,000 from 1954 to 1958, and
$50,000 from 1959 to 1963, all
^
water
••
Independent
District
School
receive
sealed bids until 1 p.m. (CST) on
June 11 for the purchase of $5,-
house
TEXAS
follows:
County
$800,000
Boiid Offerings—Marvin A. Cage,
May 17—v. 167, p. 2079-4-were
purchased by Moroney, Beissner
June 1, 1948.
Anson, Texas
Due on June 1, as
& Co., of Houston, at a
price of
follows: $1,000 from 1949 to 1962,
Bond SaIe~*Aii issue of $145,OOQ 100.002, a net
interest cost of
and $2,000 irom 1963 to 1970, all water works and sewer system
2.349%, as follows: $75,000 as
inclusive.
Bidders are to- name first mortgage revenue bonds was 2%s,
maturing $15,000 from 1949
^ne/rate/o£ interest;ih;;mnltiples. purchased recently by the Central to 1953. and $75,000 as 2V4S, ma¬
bf Y4 of ,1%.
Principal and;in/? Investment Co. of Texas, Dallas, turing $15,000 from 1954 to 1958,
terest (J-D) payable at the First as 3s,
The next highest
3^s, and 3%s. Dated April all inclusive.
National //Rank : of • Boston^ The 1, 1948. Approved as to legality bidder was
Fj-idley & Hess, for
bonds will be prepared: Under, the by Dumas & Huguenin of Dallas.
2%s and 23/4s, at 100.06.
will receive
(CST) on
June 9 for the purchase of $1,000,000 not to exceed 3% interest
Manager,
Bond Offering—E. S.
•;bonds. J'%?
JUabilityi of the City of Pittsburgh.
Business
library
2,200,000
Fly,
sealed bids until 8 p.m.
check
improvement
bonds..
Due on June 15, as
follows: $1,000 in 1949; $2,000
from 1950 to 1954; $3,000 from
1955 to 1966, and $4,000 from
1967 to 1973, all inclusive. A
certified check for $1,000 pay¬
able to the City, is required.
75,000
2s, at
Equitable Securities Corp., Salo¬
mon Bros. & Hutzler, all of New
York, Commerce Union Bank, of
Nashville, Roosevelt & Cross, of
$1,500 payable to the City,
is required.
SOUTH DAKOTA
bonds
,
Phelps/ Fenn?:& u Co^' Merrill
Lynch, Pierce/ Fenner,& Beane,
for
on July 1, from 1950 to 1968 in¬
Big Lake, Texas
|was> the First Boston Corp:/ Blair
The next highest bidder
& Co., Inc. and E. H. Rollins & clusive.
Bonds Sold—An issue of $150,was
the
Northwestern National
Sons, jointly, for 2V4S, at 100.279.
000 3%% gas revenue bonds was
Bank, Minneapolis, for 2.20s, at
purchased recently by the First
Pittsburgh Public Parking: Author- 100.04.
of Texas Corp., and the Colum*
;ri
ity (P. O. Pittsburgh), : Pa.
Watertown, S. Dak.
Validity Sustained —The State
bian/Securities Corp; of Texas,
Bond Sale—The $75,000 street both of San Antonio, jointly. The
Supreme Court on May 24 dis¬
bonds mature serially from 1949
missed a suit contesting constitu¬ improvement
bonds
offered
on
tionality of the 1947 statute pur¬ May 17—v. 167, p. 2183—were to 1968 inclusive.
suant to which the authority was purchased by the First Citizens
created.
The ? authority
Corpus Christi, Texas,
*
is ex* National Bank of Watertown, as
ly with
provement series 1948 bonds of¬
on May 25 were purchased
by
a
syndicate , cohiposed
of
Bond Offering—Murray H.
ment bonds.
'f
fered
required.
100,000
Bond Sale—The $125,000 sew¬
Lynch, Arthurs, Lestrange &
Klima and S. K. Cunningham & age- disposal plant bonds offered
pected to enter the market short¬
$3,586,000 im*-
,
&
Co., all of Pittsburgh, as 2^4s, at a
price of 100.81, a basis of 2.06%.
Dated June 1, 1948. Due serially
on June llf. from 1949 to 1968 in*
elusive/ The ^ next highest bidder
$150,000
Sale^The
Bond
'
funding 'and ; improvement/ bonds Charleston.
offered on May 25—v. 167, p. 2307
composed of Hemphill, Noyes &
Co., of New York, Moore, Leonard
to
Burlington,Vt.
/
Bonds Authorized—An issue of
New York, Trust Co. of Georgia,
of Atlanta, Detmer & Co., of Chi¬
1965; $30,000 from 1966 to
cago, Thomas & Co., of Pittsburgh,
1968; $31,000 in 1969; $32,000
in 1970, and $34,000 in 1973, Campbell, Phelps & Co., of New
all
inclusive. ; A", j certified York, Rotan, Mosle & Moreland,
CKas. ;B/*WKite;/&> Co.// both of
check' for"$6,500 payable to
Houston, and Emersan,; Roche &
;
the City is required.- yf
Co., of Austin, at a price of
500,000.,.8 treet
improvement 100.079, a net interest cost of
bonds.
Due on June 15, as
2.3048%, as follows: $1,299,000 as
follows: v $14,000 in 1949 and
2 VzS, maturing jbh Sept.: 1/^ 15,000
1950; $15,000 in 1951 and 1952; in
1951; $16,000 in 1952; $18,000
$17,000 from 1953 to 1955; in
1953; $19,000 in 1954; $21,000 in
$18,000 from 1956 to 1958;
1955; $47,000 in 1956 and 1957;
$19,000
in
1959
and
1960;
$123,000
in ' 1958; .< $127,000 ^ in
$20,000 in 1961 and 1962; $22,1959; $130,000 in 1960; $135,000
000 from 1963 to 1965; $23,000
iri 1961; $144,000 in 1962; $148,from 1966 to 1968; $24,000 in
000 in 1963; $152,000 in 1964; and
1969 and 1970; $25,000 in 1971
$157,000 in 1965; and $2,287,000 as
and 1972; and $26,000 in 1973.
2Y4S, maturing $162,000 in 1966;
A certified 'check for1 $5,000
$166,000 in 1967; $171,000 in 1968;
payable to the City, is re¬
$177,000 in 1969; $182,000 in 1970;
quired.
$188,000 in 1971; $193,000 in 1972;
200,000 police stations 'improve¬ $199,000 in 1973; $205,000 in 1974;
ment bonds.
Due on June 15,
$211,000 in 1975; $217,000 in 1976,
as follows: $4,000 in 1949; $6,and $216,000 in 1977.
Dated May
000 from 1950 to 1955; $8,000
1/ 1948. Approved as to legality
from 1956 to 1965, and $10,000
by Chapman & Cutler; of Chicago,
from 1966 to 1973, all inclu¬
Ector Couniy School Districtf .
sive.
A certified check for
(P. O. Odessa), Texas
$2;500 payable to the City,
Bank, Columbia. Approved as to
legality
by
Huger
Sinkler of
f.r«werevpurchased;-:^;^^yndieate
to
1955; $24,000 from
1958; $25,000 in 1959
and 1960; $26,000 in 1961 and
1962; $28,000 from 1963 to
.
''dP:Scrantori)fyiPau-i.
.
'l"V/y': VERMONT f
(P. O.
Highland Park),
a.iri,
storm
1956
Bend Sale—The $400,000 gen*
era! improvement bonds offered
10
sewerimprove¬
ment; bonds. Due on June 15,
as
follows: $17,000 in 1949;
$18,000 1 in 1950; $19,000 in
1951 arid 1952; $22,000 from
any
Anderson, S. C.
■
until
/•■■■■■■■
$650,000
SOUTH CAROLINA
primary
District No. 2
(CST) on June 8 for the purchase
$1,525,000 bonds divided as fol¬
proposals.
1
At
County Park Cities Water
Control and Improvement
J.
of
1953
PENNSYLVANIA
Willie
—
Brockman;'CityClerk/willr6*
The
reject
Dallas
Beaumont, Texas
The
'Monday, May . 31, 1948
$350 000
issue "authorized. at
urer's office.
A certified check for
$5,000, payable to the City Treas¬
urer/ is required. /
an
WYOMING
election in December, 1947#'r
on
Laramie
Travis County (P. O.
Austin),
Warrants Sold
Texas
No.
Texas
>—
County School District
(P. O. Pine Bluffs),
The First of
Corporation I and
Russ
&
Co., both of San Antonio, in joint
account, have purchase_d an issue
of $100,000 2 V2% and 3% series
of 1948 permanent improvement
warrants.
7
Due froin 1949 to 1962
Bond
Saie
—
The $75,000 con¬
on May 22
struction bonds offered
—v.
by
167, p. 2079—were purchased
the Farmers State Bank, of
Bluffs, as 1.80s, at par. Dated
Pine
1948. Due serially on June
1, from 1949 to .1958 inclusive.
June 1,
.
@FedFRASER