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1949

9

MAY

MONDAY
BUS. ADWi

uwiwrv

Reg. 17. S. Pat. Office

New

Number 4801

Volume 169

price 75 Cents a Copy

York, N. Y., Monday, May 9, 1949

Ceneral Corporation and Investment
RAILROAD

-

PUBLIC UTILITY

INDUSTRIAL

-

INSURANCE

-

:

Inc., New York—Sells Bond Privately—
has sold privately to Metropolitan Life In¬
surance
Co. $16,000,000 3%% sinking fund collateral
trust bonds; of which Colonial Trust Co., New York,
3N. Y., is. trustee.
A-C

In This Issue

.

■»

New York Curb Exchange

1,

.

on

increase

capital stock in the Fund—V.

of

shares

169, p. 1769.

Air Reduction Co., Inc.—Changes in
Charles

Charles

ceeding

who

Adams

E.

Chairman

elected

been

has

Mur.son

S.

Chairman

becomes

Board,

the

of

Hill continues as President.—V.

Committee. John A.

Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange—
St. Louis Stock Exchange..

suc¬

the Executive

of

1949

1948

1947

1946

railway-™

$417,104

$527,941

$475,277

$362,132

railway.—__

109,220

214,616

income™

52,886

109,211

188,669
98,305

49,163
11,202

March—

Gross

from

Net

from

Net

ry.

Montreal Curb Exchange

oper.

Gross
Net

from

from

Net

ry.

1,516,612

1,330,360

978,883

Transactions New York Curb Exchange

344,601

609,730

480,044

197,827

302,887

239,630

77,753

income—

—V. 169,

.V

v-

RR.—Earnings—

Alabama Great Southern

Net

railway...
railway—

from

from

$1,402,094
345,518

$1,457,303

$1,305,925
234,062

♦80,313

162,770

111,646

♦100,073

4,019,262

4,392,423

872,210

1,051,643
554,346

3,923,532
750,310
354,320

3,510,449
441,617
106,910

Net ry. oper. income—
From Jan. 1—
Gross
Net

from

railway—
railway

from

Net ry.

income— :

oper.

425,713

;

11,872,835

19,866,801
15,934,248

909,298

9,826,700

3,932,553

909,298
1,334,267

9,826,700

3,932,553

13,051,857

17,785,772

2,243,565

22,888,557

21,718,323

208,403

2,535,152

2,750,393

; 2,035,163

20,353,404

2,522,225

subsids.

consol—

2,522,225

2,522,225
66,738

subsids.

Total

-

2,588.963

Consol.
'

system

143,553

earns.

stock—

for common

.

2,445,410

18,967,932

Consof. system earns, per
share

••

stock.

com.

♦Restated to

exclude

the

V

$4.54
from

operating

and

revenue

expenses

water properties that were sold
early date.—V. 169, p. 1441.

General Corporation & Investment News-Cover
State and City Bond Offerings.

of

deductions

$1,148,177

314.340'

175,620

_

21,699.535

1,265,295

by"

stocks.™

Expenses and deductions
(parent co7/s)

.—26

Miscellaneous Features

1946

1947

1948

1949

March—•
Gross

■'"(

=

,

2,174.593

10,922,145

com.

consolidated-

.

i-

•

34,111,562
12,412,028

30,788,946

928,603

Total income parent co.

National Quotation Industrial Stock Average.35-

1441.

P.

3,103,195
i

Undistrib. net income of

.

Stock and Bond Averages (Dow, Jones)—.35

161,356

lailway

oper.

for

(owned

com.

on

of

...

1,231,526

railway..—

184,805
764,546

and Subsid. Consol.;

1

Transactions New York Stock Exchange..—_.26

From January 1—

1,337,3.28

Amer. Gas & Elec. Co.

40
40
Toronto Stock Exchange..
41
Toronto Stock Exchange—Curb Section.—43
Over-the-Counter Markets
—44

RR.—Earnings—

96,329

Undistrib. net. income
.

Stock Exchange...

Montreal
Akron Canton & Youngstown

38
39

San Francisco Stock Exchange

169, p. 1877.

earned

stocks
Divs.

102,791

3,536.112
1,013,887

______

A. G. & E. Co.)

.....

29,839,595

2,047

deductions

Bal.

37
38
38

Los Angeles Stock Exchange.

Personnel—

32,671,443

12,138

__—

income

Gross

Total

2,994,729

(net)

Other income

37

$.

<

61,112

—

37

'

$

3,472,953

Operating income
Transportation, gas and
water

1949—12 Mos.—♦ 1948

$

11,793,175 148,156,180 128,037,457
8,798,445 115,484,737 98,197,883

13,261,470
9,788,517

Oper. rev. deduct. & taxes

36
-36

Detroit Stock Exchange—

5.

Subsidiaries consolidated:

Operating revenues

15
—.—27
31
36

Chicago Stock Exchange—
Cincinnati Stock Exchange—
Cleveland Stock Exchange

Interest

an

Stock Exchange.—

Boston

1949.
present borrowings of $18,000,000, this reduction will result
saving to shareholders of $45,000 a year which will
the
income leverage obtainable
through the ownership of

Based
in

(Bonds)

New York Stock Exchange

This corporation, a Lord, Abbott & Co. investment firm, has com¬
pleted arrangements with J. P. Morgan & Co. Incorporated, and other
lending banks whereby the interest rate on its borrowed money will be
reduced from 2V3%
to 2 Va'/i
per annum for the
12 months begin¬

ning June

(Stocks)—

Subs.)—Earnings—

ig49—Month—♦1948

Period End. Feb. 28—

Page

■

announces

company

American Gas & Electric Co. (&

Quotations

New York Stock Exchange

Reduced on Borrowings

Affiliated Fund, Inc.—Interest

V"':-

'■

Production Manager—•

the appointment of C. F; Bonnet as Pro¬
duction Manager of its Industrial Chemical Division.
G. W. Russell
succeeds Mr. Bonnet as Assistant Sales Manager cf the same division.
Mr. Russell had previously been Manager of the New Products Deveiopment Department.—V. 169, p. 1329.
The

Stock and Bond

MISCELLANEOUS

-

American Cyanamid Co.—New

Ships,

The company

The company, an affiliate of Tankers Co., both having offices at
17 Battery Place, New York, N. Y., has four oil tankers under con¬
struction, which, when completed, will it is believed, enter the Nor¬
wegian trade.
'

News

in

,-$4.23

and operating revenue
transportation, gas and
will be disposed of »at an
% '

revenues

of

1948

the
or

_54

!

The Course of Bank Clearings.....

American Power & Light

...45

Redemption Calls and Sinking Fund Notices

For the

46

Dividends Declared and Payable

Co.—Weekly Input—

week ended April 28,

1949, the System inputs of subsidiaries
amounted to 248,188,000 kwh., an increase of 18.413,000 kwh., or 8.01%
over the corresponding week of last year.—V. 169,
p. 1877.
v
%/'■:"
of

46

this company

,

♦Deficit.—V.

.

169,

1441.

p.

Foreign Exchange Rates—

46

l,

Combined Condition Statement of Federal
Alabama Power Co.—Earnings—
Gross

revenue

Operating
Frov.

1,613,274
377,500

expenses—

depreciation—
plant acqui¬
adjustments...

for

Amort,

$3,669,550 $45,392,305 $40,291,105
22,100,497
19,193,640
1,630,592
4,138,500
3,736,300
334,000

$3,853,131

—

Reserve Banks

.

Federal Reserve System

v

General

taxes

Federal

income

...

48,766

585,193

income

Gross

713,107

j 3,786,572
(4,224,359

Net

—

$9,565,214
3,058,739

$943,085 $10,557,183
269,837
3,349,078

$1,039,311

__

302,479

long-term debt.
debt discount,

on

Net

4,669

5,087

3,909

61,089

$664,250

$775,837
105,000

105,000

1,260,000

sale, it was learned was made
Stearns & Co." The stock was part of

Mr.

$5,135,068

sale

corporation
offer of
stock

preferred

on

O,

and

series
on

in

May

3

A

exchange

stock,

IV2

for

shares of C.

preferred

one

is left

for

& O.

stock—these

limited

a

50%

about

for one

common

ratios

approximate

share

the

out of

over

at

the

of

period

of

the

the C.

& O.

that

,

allotted for the 10%

was

.

.

of series

the prior preferred stock.

Purcell, Vice-Chairman

annual

meeting

held

v

on

$9,000,000 bank loan maturing

to

Interstate

approval
The terms

sion

will

by

the

under which

permit

Mr,

arrangements

Alleghany

Purcell

Commerce

said.

to

use

These

Purchell

Mr.

several

years

on

June

l,

subject

Commission.

are

7"'.

RR.

about

It

Rock

W.

Graaskamp,

$4,894,000

has

in

cash

and

In

transactions

including
holdings.—V. 169.

Island

General

1877.

Manager

~

April

assets

$59,859,000

of

sales

T.

,

.

7

r

a

as

of

as

of March

Dec.

as

will

the loan they will

announced

a

basis

"as will under

the Act."
The

since

%

on

capital stock, namely,

on

part

yield

down,

-x;

.

„

.




:

<

;

^

?.

$59,296,000, compared
898.

■

the

-

May 3, the SEC directed the company
will provide for only a single class

which

cover.

to
of

stock, and such amount of debt securi¬
circumstances then existing meet the standards

common

-

,

American Car & Foundry
For
;

the

second

previous freight

consecutive

Co.—Output Hits New High

month

this

During
to

April,

American

According
the

3,249

to

improved

169,

p.

R.

,it

company

has

announced

was

broken
on

May

its
6.

cap for domestic freight service were delivered

railroads,

modernization
V.

production records

car

W.

the

best

Ward,

unfairly and inequitably
Foreign Power and that

of

any

carbuilder since March,

Vice-President

in

charge

of

1925.

program

is

and

the
a

result

of

ACF's

availability

greater

production,

two-year
of

plant

materials.—

amended plan it now becomes incumbent upon us to issue an order
requiring Foreign Power to meet the standards of Section 11(b) (2) of
the Act."
With
respect to compliance with such requirements
the
"We

stated:

believe

that

V s

:

under

1
the

circumstances

effective way to redistribute voting
necessary

1769.

distributed among the security holders of
the capital structure of Foreign Power is

unnecessarily complicated and must be simplified," the Commission
stated that, "since we are herein vacating our order
approving the

Commission

performance

$806,000

FERNANDINA PORT AUTHORITY, FLA.

power

here

and

cure

presented the only
the undue and un¬

corporate complexities in the corporate structure of Foreign

St. Louis Listed and Unlisted Securities

Priced to Yield 3.25%-4%

col¬

Alleghany does not expect to get ahy return for
Its investment of about $2,000,000 in Investors

l

were

169, p.

also vacated its order of Nov. 19,
1947, approving
Foreign. Power's amended plan of reorganization which previously had
been approved by the U. S. District Court for the Southern
District
of
Maine and subsequently remanded to the Commission for recon¬
sideration in light of changed facts.
Among these were the suspen¬
sion of dividend payments on Foreign Power's first
preferred stocks
and the company inability to sell the ZVst'k debentures
provided for
in the amended plan.
.7..,'
V :
v
Referring to
its
previous
determination that
"voting power is

Edward D. Jones & Co.

Due 1952-1978

more

Service, Inc., formerly Investors Syndicate.
But he said
Alleghany looks upon this "as a very good long-term investment."
,The higher Interest rate certificates of Investors Syndicate are matur¬
ing first, ho said, and as they are retired the average cost of certifi¬
copies

1949

Commission

Circulars Available

on

Established

Request

1871

300 North 4th,St., St. Louis 2, Missouri

said

Diversified

31,

1948.—V.

55,800,000

4% Toll Road Revenue Bonds

securities

he added,

31,

$5,00

25,600,000

1

Single Class of Stock—Amended Plan Va¬

on

decision

reorganize

C.

169, p,

current

$1.25
of

as

American & Foreign Power Co., Inc.—Ordered to Re¬

ties

been

share

cated by SEC—

'77'"

who

Net

organize

abandoned

was

$25,000,000

various

and

Bear,

:

.

result " of

a

Line

'%7

being made for the exten¬

government

securities,

than the Interest cost of the part of

cates

3,010,000

$1,476,000

____.

;

of Alleghany Corp., told stockholders
May 4 that arrangements have been

made to extend the

lateral,

.

as

Air

States, Canada and Hawaii,—V.

Alleghany

of

Plans Extension of Bank Loan—
W.

securities

Seaboard

last month.

has

now

and

has been elected Vice-President in. charge of sales, succeeding
Stolk, who was recently named Executive Vice-President. Mr.
Graaskamp will direct all sales activities of the company in the United

closing prices

A preferred will be offered pro rata on a "first come,
first served"
basis to the series A preferred stockholders who may want to exchange
lor more
than the
10%
A similar proposition will be made with

respect to

Alleghany

Inc.

orders

with

1946,

exchange ratios of 2 V* shares
of Alleghany prior preferred

on

-

R.

1943

903,000

per

•.*;

proposed secondary offering of

a

"

conditions.

Co.,

share

time, would exchange C. & O.
outstanding prior preferred shares and
about 10%
of the outstanding series A shares.
At expiration of the initial prescribed time limit,
any stock
that

1

-

taxes

.

offer,

for

said

1877. \ 7

W.

*

stock

common

May 2.

The

stock

Purcell

of

L.

issued an announcement concerning the
holdings of Chesapeake & Ohio Ry.
for Alleghany prior preferred and series

its

of

part

exchange offer will be based
&

shares

of

proposed

The

112,500

American Can Co.—New Vice-President Elected—

Alleghany Corp.—Makes Exchange Offer—

common

market

government
p.

The

of

1441.

p.

Sold

to Blyth &

225,000 shares of Rock Island common

1,260,000

$5,949,713

has

5

its holding of Chicago, Rock Island & Pacific RR. common stock,
leaving it with 137,500 shares of the common still in its portfolio.

•

■stock

....

profit after taxes

Unfilled

May

$6,395,068

$7,209,713

$559,250

•

$670,837

—

189,

announced

was

of

60,551
50,855

59,480

43,674

stock

pld.

on

Balance

it

corporation,

The

income

C.

taxes.

Earned

Selling Rock Island Holdings—

3,793,045

because

of

before

Federal

3,417,712

774,279

j

premium and exps.—
Other deductions

A

1949

$40,844,000 $48,918,000
2,379,000
7,904,000

_

585,193

i

...

taxes.,

48,766

Amort, of

—V.

Co.—Earnings-

46
Net

The

Divs.

American Woolen

Quarter Ended March 31—

of

sition

Int.

46

Statement of Member Banks of

Condition

1949—12 Mos.—1948

1949—Month—1948

Period End. Mar. 31—

qAllen
30 BROAD

STREET

Members

Company

&
NEW

YORK

4, N. Y.

New York Stock Exchange
St. Louis Stock Exchange
-

Telephone: HAitover 2-2600

Bell Teletype:

NY 1-573

Phone

CEntral 7600

Chicago Stock Exch.

Chicago Bd. of Trade
New York Curb Exchange-Associate
7
„

Bell
,

Teletype

,sl

593

2

(1986)

Power is by

THE

comprehensive reorganization whereby the control of the

a

reorganized

will be

stantial

earnings

company
stake in the

senting

the

the

upon

entire

in

and

outstanding

We

debt

circumstances

The
in

existing at

Commission

the

the

having

would

appropriate

be

Period End.JVIar. 31—

Ry.

and

Share

its

subsidiary,

Co., parent,

Power

und

Power

of

its

exchange

for

and

a

Net

plan filed in the light of
plan is considered.'*

any

such

certain

on

for

transfer

the

$19,500,000

of

oper.

other

issues

revenues

$29,947,758

expenses

Monday, May/9, 1949
T.

Oil

1949—Month—1948

$6,093,903

from ry. oper.

rev.

*Ry.

tax

Joint

accruals—

2,637,590

facil.

rents

2,022,435

8,003,993

15,616

405,632

179,009

(net)-

166,027

427,016

ry.

Other

income-

oper.

income

$3,048,977

-L

$2,273,591

$8,627,009

234,231v

272,872

The

473,406

issue

by

1,014,547
$8,357,634
42,631

Cuban

of

•

Total

latter to Foreign
Electric debentures in

$3,321,849

$2,507,822

$9,918,293

39,559

3,541

120,287

125,887

126,821

341,267

1,499,006

Misc.

the

income

1,453,365

4,505,105

deductions-'

6%

of Foreign

note

Hearing May 17

Power.

Fxd.

chgs.

int.

*

other

SEC

Fixed

Committee's Application—

on

tion

filed

by

American

-John

M.

ordered

has

&

hearing to be held May

a

committee for

a

the $7

second

17

int.

term

upon

preferred

applica¬

an

stockholders

funded

of

The committee is composed of Albert W. Greiner,
Howard Hubbard, and Harold Barnett.

McGrath,

According

Net

the

of

names

named

was

Batti,

Cadicomo and Derderian
Greiner and John Apple added.

Mary

originally

disclosed

ment

of

names

that

as

deleted

were

Frank

of the committee; but an
resigned and that Harold Barnett
p. 1557.

169,

Period End. Apr. 30—
Sales

169, p.

$1,025,378

1949—Month—1948

$943,061

Federal

$2,198,810

Railroad

income

the

on

with

proposal

four

The

hearing

12.

V

scheduled

v/as

189,

$1,998,252

fcr

May

4

and

$2,507,886

Net

Steel Corp.

profit after all chgs.

Number

of

Earnings

203,512

has

1,411,410

2,986,502

*Based

shares

the

net

1949

and

taxes

profit

after

1

$103,381

equal

before

to

the

$1.74

20%

per

1949

.

from

railway
railway

from
ry.

stock

579,748

573,228

573,228

$0.11

$0.09

Nil

share—

^,:'vf .■/>

Raymond

F.

Leinen,

Gross

1948

Gross

1

*

,

Vice-President

46,708

15,511

railway
railway

Net

ry.

Net

from

Net

ry.

—V.

169,

79,697

35,038

10,210

560,862

496,045

—V.

Lincoln

259,873

210.368

86,300

86,138

21,091

J

80,527

107,748

from

from

$363,369
51,057

railway

railways

1948

$409,358
95,323

Net ry. oper. income
From Jan. 1—
Gross

9,763

from

railway
railway
oper. income—

Net

ry.

'Deficit.—V.

169,

1,942

*22,781

Period End. Mar. 31—

Operating
Taxes

revenues

169,

Net

984,118

224,442

87,787

63,980

48,849

*35,712

955,915

Net

181,808

oper.
income

Miscell.
Fixed

sales

for

Total

G.

of

p.

169,

elected

1,565

2,477

10,348

8,944

Net

from

326,195

1,026,595

979,234

Net

ry." oper.

$4,092,949
'

'

•

"

(Vice-President)
and Dwight
increasing the membership of

domestic

sales

to

succeed

Vice-President

a

Henderson

T.

Coliey

the

board

have
to

and General

Supplee,

Jr.,

who

CONSOLIDATED

INCOME

1

-

Gross

operating income

Costs,

operating and general

fixed assets:

Intangible

development cost

Depletion,

lease

Deprec.,

retirements

other

Income

Interest
Net

income

before

charges

income

Dividends

on

for

amortization.

Crude

oil

Sale

of

production,

168,

common

barrels

stk.

($25

tax:

1949,

$87.22

12 Weeks Ended
Mar.

Sales
Net

a

per

taxes

248,472

taxes—

income

Net income

Earned
As

19,'49

$4,746,818

income before

94,000

for

period

1948,

result

of

Mar. 13,'48

,

24 Weeks Ended

Mar. 19,'49

\

Mar. 13,'48

$4,612,293 $10,522,335 $10,038,549
223,664
505,001
497,825
86,000

192,000

contingencies

new

$137,664

$313,001

1948.—V.

169,

$0.69

loans

surplus

24,324

*1,445

11,693

904,039

866,373

790,372

324,686

175,829

200,285

229,413

139,784

16,643

16,348

74,205

1663.

(& Subs.)—Earnings—
1949

$4,071,996

$4,855,230

3,879,812

4,232,247

income.—

$192,183

$622,982

120,556

incl.

exps.,

int.

and

taxes

124,647

.int.&

taxes

on

income

on

97,979

Lake Erie

1948

42,485

53,515

71,816

400,693

335,998

424,923

441,089

railway—/-

27,519

*101,G55

23,615

170,757

income—

181,708

88,714

145,199

243,677

from
ry.

opor.

Deficit.-

'

Bids
The

1947

railway

3,542,073

3,169,162

3,009,069

will

58,172

*71,980

252,158

*707,859

317.139

535,525

747,781

67,004

$746,331

•

*245,286

The

bids,

issue
&

Burr,

Boston

The

1949

profit

notes

1948

1947

other

*$78,413

bids

be

to

received

May

trust certificates.

16

The

Cr43,798

coupon,

A,

due
\

bid of 100.177. Three competing
received at the sale. These were:

a

were

Inc., and F. S. Moseley & Co. (jointly), 101.7711; The
101.71; Otis & Co., Inc.," 101.31133.
/
.

dated April 1, 1949 and mature April 1, 1974.
The
redeemable at general pfices ranging from 103.63%
to
sinking fund redemption ^prices scaled from 100.61% to

are

be

at

.

PURPOSE—Of

+Cr740,332

*$34,615

3%

a

May 4 on

the net proceeds,
$1,750,000 will be applied by the
to the payment of outstanding promissory notes and the bal¬
with funds from its working capital, or an aggregate of $1,000,-

company

*$955,105

Brl39,134

deducts.)

notes

and

100%

3,357,900

•'•

$1,076,151

>

(less

for

$650,000 equipment

Corp.,

will

100 %

$2,402,795

$55,195,130 $19,302,932
54,118,979
19,381,345

awarded

was

all naming

Coffin

expenses—

of

June

publicly $2,750,000 25-year 27/s% notes, series
April 1, 1974 at 1005/8% and accrued interest.

1143.

other

it

be dated

Cambridge Electric Light Co.—Notes Offered—Halsey,
Stuart & Co. Inc. (a? sole underwriter) on
May 6 offered

1,799,802

and

has' Issued invitations

the purchase from

1946,;..

: 30,361

p.

Equipment Issue—

on

company

1, 1949, and are to mature in 10 annual
instalments June 1,- 1950-59.—V. 169, p. 1447.
y

292,353

169,

1946

8,394

$0.54

168,962

income

1947

26,394

*

RR.—Earnings—
-

1948

income—

320.614

•''V.

$0.49

—

*15,378

*$214,723

taxes

ance,

1'

360,000

.

CAPITAL

Crl50,000

.

$577,017

per

of

SECURITIES

GIVING

:

EFFECT

TO

'.

common

share

loss/

*$34,615

$0.53

tlncludes

*Promisscry notes due Dec. 31, 1952
25-yeftr 2%% notes, series A, due 1974

$64,723

Nil

Canada,

dividend

$650,253

received

Nil

from

stock

Common

Boeing
*Issued

Ltd.

($25

to

or

par)—

issued

be

under

SUMMARY

.

OF

EARNINGS

this

close

has

the

April

on

corporation

of

to

12

approved

York Axle

proposal

a

Forge Co.—V.

to

"change

163,

the

the

In

been

at

on

special

a

notified.
no

April

In

par

view

30,

meeting

of

common

of

the

1949,
the

stock

fact

on

p.

—

that

will

April

New

be

r

77,200 shs.

Oct,

15,

1947

operating

of

cash

in

Stock¬

York

3Q,

1949

the

Curb

Operating
Other

thereon,

for

interest

non-producing

in

leases,

connection

with

Association
stock

transfer

was
on

books

closed

suspended

May 7, 1949.

producing leases and
royalties and mineral

the

has

transfer

dissolution proceedings, The Cooperative Re¬
offered to purchase at $12.50 per share, Jess

tax

of

5c

per

YEARS

%

1947

1946

1945

$4,221,830

$3,843,197

$3,659,231

3,297,232

2,876,175

2,708,467

$924,598

$967,021

$950,764

53,626

46,378

26,431

$978,225

$1,013,400

$977,19j>

income

•

$800,494

income

40,053

income

.

$840,547 '

Prov.

-

inc.

Crl0,618

CTT.849

14,759

20,903

inc. taxes

for Fed.

220,319

238,369

238,080

203,210

$630,846

$741,705

$760,560

$753,0£fl

income

Net

;

HISTORY AND

BUSINESS—Company was incorporated Jan. 28, 1886,
in Massachusetts.
Company is engaged principally in the generation,
purchase, distribution and sale of electricity. Electricity is sold directly
in the
City of Cambridge (population 111,1241 to approximately 36,450
customers and at wholesale to the Town of Belmont (population 27,957)
Surplus steam is sold at wholesale to an associate company,
Cambridge Steam Corp., for resale to Harvard University and 15 indus¬
for resale.

customers

in

the

a

Wichita, Kansas, for the purpose of receiving
with the liquidation. The distributions

assignments

exps.__

Other deducts, from

City of Cambridge.—V.

169, P-

Canadian Investment Fund, Ltd.—Net

Ex¬

connection

and

CALENDAR

FOR

3,955,177

revenues——

2720.

permanently

on May
11, 1949, this issue
the Exchange at the close of business

National Bank in

equipment

finery

dated

1880.

corporation, ; effective

the

business

on

distributions

Federal

-

'

trial

adopted

business

company's

dealings

consist

agreement

$500,000

2,750,000

$4,755,671

1948

Operating

at the close of

the

•

.

with First National Bank of Boston.

r

1003.

p.

stockholders

the1

-

2,750,000
77,200 shs.

^

loan

>

FINANCING

Outstanding

$1,098,000

•

'•

.........

PRESENT

55

of

Fourth

'

902.

*$301,015

2004.

p.

1949

oper.

Net

$174,903

320.614

-

Stockholders have been requested to surrender their certificates to the

Avildsen Tools & Machines, Inc.—Name
Adopted—
169, p.

197,321

$26,351

loss

168,

..

1943

deprec..

_

$142,562

"At

March

share, any shares of Bridgeport

Assets Up—

.

31,

1949, outstanding shares of this company stood at a
high total of 3,253,762, reflecting a net increase of
150,461 shares during the first three months of the year.
Total net
assets,
with
securities
valued
at
market quotations,
amounted to
$14,702,192, also a new high total on any quarterly statement datfe.

new

The

all-time

balance

$1,011,391,
exceeded

of

168.5%,
in

the

in

profits on sales of investments amounted j to
addition, the quoted market value of investments

average

cost

appreciation
diivdends

asset

by

and

$1,220,715.
dividends

per

share from inception

of

the end of March, 1949 amounted to
amounting to 102.5% and appreciation
value of the shares amounting to 66.0%," said Hugh

December,

total

net

realized

in

and

their

"Combined
company




47,327
1,143,718

*8,958

interests.

below.—V.

.

$126,198

33,636

$157;301

outstanding

resolution for the complete dissolution

from

been

& Tool Co.

62,564

From January 1—
Gross from railway—

$141,272

..

5,633

.

.

- Bridgeport
Oil Co., Inc.—Votes to Dissolve
holders Offered $12.50 a Share—

for

1330.

See Republic Drill

1946

$283,331

57,965

*62.481

for

stockholders

change

$0.69

At March

p.

to

reserve

The company on April 26 filed a
registration statement with the SEC
for 36,000 shares of common stock (par $20). Underwriters are
Smith,
Ramsey & Co.; Gaynor, Clemence & Co.; Chas. W. Scranton &
Co.;
Hincks Bros. & Co.; T. W. Watson & Co. The stock is
offered initially
to present stockholders cn a
l-for-10 basis.
Proceeds will be used to
reduce short-term bank loans.—V.
162, p. 2636.

at

$308,825

$0.31

has

$151,667

contingency

$937,017

169,

The
k

189,000

,

the

87,000

Bridgeport (Conn.) Hydraulic Co.—Registers With SEC

14,942,571

$0.34

position

capital

1947

582,860

Net

recently made by the company its
improved considerably since its
19, 1949, the company had cash on hand of
$2,449,253, current assets of $3,G87,581 and current liabilities of $1,618,088, showing a working capital position of $2,069,493.
This compares
very favorably with the working capital position of $1,010,383 at Oct. 2,
working

93,000

-

income—

income

of

name

$3,462,100.

$154,472

share

fiscal year end.

ry.

Brandt-Warner Mfg. Co., York, Pa.—Name
Changed—

6,394,119
12,347,439

15,919,797

._

asset

V'///'

$279,913

airplanes.—

$76.80

6,909,549

$1,755,000;

net

*25,256

$2.89

13,374,832
.;

income

(estimated)

profit

The

7,701,680

par)

from

rose

and

$93,572

Total

Automatic Canteen Co. of America—Earnings—

Federal

Net

109,729

company's Seattle and Wichita Divisions delivered a
airplanes during the quarter .ended March 31, 1949. These
consisted
principally of B-50 Superfortresses, but Included also six
airline
Stratocruisers
and
eight
YL-15
Scout
liaison
V.

2534.

p.

338,001

NOTE—The

total
•

8,179,680

$2.73

(net)——.

etc.

80,025

railway
railway..

from

121,095"

income

Aircraft

221,565

____

barrels

Federal

Net

•

8,401,245

7,251,047

refineries, barrels—

products,

'Including
—V.

at

run

stock—

cash,

$5,960,086,

1943

from

$4,829,725

$1,061,799.

*Operating

478,000

stock

common

Book value per share of

Crude oil

7,988,211

259,184

common

paid
Nov.

011

$317,422

March—

Gross

1948

railway—

Earnings

286,668

7,729,027

1949,
to

Authorized

8,114,577

stocks

to

operating

111,612

Total

2,861,396

380,508

charges——

company
cents

50

1106.

accrued

State

'Profit.—V.

liabilities

*4,960

sales

Federal

1,040,434

3,727,010

the

and

$409,671'

income

gen.

bond

and

356,279

1

Other

798,697

864,238

period

Balance applicable
Earned per share of

current

$1,115,504

oper.

of

Net

1,251,291

—

preferred

total

and

bef.

1949

3 Months Ended March 31—

Cost

"

(net).

interest

31,
p.

6,386,284

abandonments-

1948

1

000, will be repaid to its plant replacement fund.

7,607,703

Non-operating

against

Net

$

4,848,753

amortization—

and

and

$1.13

'

^

Sales

87,829,106

___

to

599,865

$0.99

.

Boeing Airplane Co. (& Subs.)—Earnings—

1948

169,

117,875

169, p.

other

interest

First

120,826,325 107,030,494

amortiz.

599,865

—

and

costs

Federal

*154,987

from

ry.

been

102,527,330

expenses

'Taxes

Reserves applicable

,

1949

Operating

rv
$ r:'-'-...

March

increased

California Consumers Corp.

$376,481

$1,094,617

^Deficit—V.

Manager

1949

in

Sept.

12 Months Ended March 31—

1948

■'

railway.—
railway

from

ACCOUNT

•

ended

$16.25.—V.

income—

eleven.

has

while

and

1

1—

oper.

Revenues

From Jan. 1—

Net

been

elected to the newly created post of Executive
Vice-President.
Hugh W. Field,
a
director and
Manager of the
Research and
Development Department, has also been elected a Vice-President.-

3 Months Ended March 31—

ry.

Bond

1949

$592,055

$10,426,878

taxes

from

Gross

"TV

last,

1,

June

assets

Net

to

railway——

Deficit.—V.

Proilt

—

March—

Gross

$4,641,933
'

$5,984,969

1949

certificates

1,507,966

■

,

1,070,303

$4,122,145

directors,
Mr. Coiley has also been elected
of

717,275

266,902

2115.

1,206,873

■

*

2,443,371
1,309,056

578,428

are

capital stock
share

—V.

Refining Co.—Two New Directors, Etc.—

Wharton

1,094,709

754,630

per

f

Atlantic

2,414,650

1,445,702

depreciation

Federal

Earnings

$3,923,019

$1,486,781

2,188,503

! $5,915,924

169, p. 1775.

transferred

Shares

355,417

$1,276,482
' "■
'

quarter

6.95%,

from

Net

Net

P.

2,975,371

Net

Oper.

from

340,594

'O

1,

from

$3,984,726

Income before

■

income

376,332

1.205,838

.

depreciation

for

$1,460,036

chgs._

169, p. 1770.

$813,829

497,677

2,510,133

.

assets

before

Provision

1949—3 Mos.—1948

733,238

March

on

March

on

share

From Jan.

$939,668

billed

Transferred

325,984

2,078,719

.>

Cambria & Indiana RR.—Earnings—

114,446

conting.

$1,740,929

Gross from railway.—
..■Net from railway:

Manufacturing Co.—Earnings—

$1,504,195

deductions

&

Net
—V.

income-

ry.

$2,036,328

.

1946

259,768

share——:

current

Provision

)

rents

Ball,

325,481

income—

Bessemer &
Other

$8,173,472

railway
i
Net. ry. oper, income

21,770

v

1949—Month—1948

—

fac.il.

$7,994,643

494,129

Burlington-Rock Island RR.—Earnings—

1662.

p.

per

Income

1,156,913

$13,144,946 $13,646,843 $36,896,627 $38,339,664
9,758,943
10,160,823
28,340,370
29,247,216
1,700,000
1,700,000
3,900.000
3,900,000

—

expenses

Equip. & jt.

$2,235,058

599,745

March—

Net

:

3 Months Ended March 31—

3,188

123,401

2,754

N.

605,482

railway-

Belden

$325,361
/

20,833

1662.

p.

565,718

184,326

Number of comihon shares—

Atlantic Coast Line RR.- -Earnings-

Operating

24,634

$2,636,073

made

the

to
per

Gross

1946 »>:;

$335,752

23,484

$1,099,596

354,825

railway-

oper.

Total

1947

$304,597

-

.

income—

of $3,G50,300.—V.

r

1,031,666

from

Net

from

Earned

1949

During
4.99%

<"»

.

'1947

Net income after charges and taxes

,

Atlanta & West Point RR.- -Earnings—
Gross

30,124

Fund, Ltd.—Declares 20-Cent Dividend—

was

Rochester

Raymond

Beech Aircraft Corp.—Earnings—
Six
Months Ended March 31—
/

;
/

341,449

206,949

March—

Net

$8,148,833

Dr24,980

directors

cents

rvalue

,

from
ry.

34,800

30,904

1442.

p.

48,267,145

$7,964,519

From January 1—

Net

$129,597

97,247

railway

railway

oper.

Net

1946

$177,405

547,202

income-.-

oper.

\

\

.,

of

1948

1949

from

last

169,

Gross

1947

$193,958

from

from

$56,415,983

'/.■'

"

Executive

March-

;

$1.76

dividend

From Jan. 1—

Net

1949—12 Mos.—1948

23.

Beaumont Sour Lake & Western Ry.- -Earnings-

;
.

share.—V.

common

$155,423

income

oper.

.

Subs.)—Earnings—

203.

p.

each

*$20,990

outstanding--.

common

New Director Elected—

3,240,520

*$1.45

•:

Atlanta & St. Andrews Bay Ry.—Earnings—

Net

>

(&

$2,260,038

—

'

20

1947

$115,402

taxes

shares

$5,918,876

3,889,531

$2.15

169,

Bullock

*

1947

3,909,300

outstanding
was

March—

Net

short-

Dr31,829

payment

1948

Co., has been elected a director, succeeding
President., of the trust company.—V. 169, p. 902.

$5,867,347

$8,621,791

._

—V.

$4,490,284

1949

*Loss.

S

Gross

discharge of $1,300,000 4%

$2,667,902

income

373,822

Optical Co.—Earnings—

1

486.

p.

to

company

have declared a
quarterly dividend of 20 cents per
share, payable June 1 to stockholders of record May 15, 1949. A similar

Lomb

per

been

1948

r

outstdg.

share—.

common

on

February,

the

1949—3 Mos.—1948

income

income

The

I

(& Subs.)—Earnings—

shares

common

per

authorized the

3

$16,218,884 $14,731,466 $60,005,527
13,550,982
12,471,428
52,041,008

—

taxes—

$2,705,052

1379.

p.

Earnings

;

Quarters Ended March 31—

•

May

1218.

p.

income

Net

Trust

Armco

and

Income deductions

Act

Quarter Ended March 31—

1878.

p.

Retirement

Un¬

taxes

Bausch &

of the company, the SEC has postponed tue hearing
of company to establish an $18,000,000 line of credit

banks.

Other

$1,625,228

$5,697,900

169,

Net

postponed to May

Commission

1,905,427

$3,052,566

Total

1558.

request

$289,069

National

the

1949—3 Mos.—1943

$733,423

a/c

Railroad

Common
the

1,899,068

.

employment Insurance Act

amend¬
was

Appalachian Electric Power Co.—Hearing Postponed—
At

169,

revenues

exps.

Gross

tax

a/c

-V.

;

635,026

*Include:

Tax

Angerman Co., Inc.—April Sales Increased 28.6%—

—V.

income

Excise

and

Weinstein

member

a

lie had

member.—V.

substitute

S.

Niagara Electric Corp.

Operating

application, it was formed at the request,
Cadicomo, Carrie L. Derderian and Walter
J. Delega, Foreign Power stockholders. However, by subsequent amende
the

632,019

Cooperative

Fourth

original

the

to

P.

Period End. Mar, 31—

Oper.

debt

The

they are

25-year 3'/2%

notes.—V.

Operating

4,369,015

on

Foreign.

of Andrew P. Batti, Louis D.

ment

interest

shares to The

t"*

surrender

agreement

415,333

•

funded

on

debt

Contingent

York

an

Buffalo

debt—

*■

The

New

$1,000,000

The funds will be used toward

a

than

funded

on

Bridgeport Oil Co., Inc.

to

which

first mortgage bonds.
■
;
*
with private interests, the company will sell the
bonds to such interests at 100.83.
They will be callable and the re¬
demption price will scale down to par in the maturity year 1974.
1
■

•'$7,343,087

1,291,284

sale of

elect
to

Brooklyn Borough Gas Co.—Bond Issue Approved—

6,522,019

*

a

in

Under

Net

do not

receiving the distributions

Association
may
be
made through
Wichita, Kansas.—V. 169, p. 1663.

Bank

Crl29,695
,

of

purpose

Refinery

77,095,826

228,327

stock from'holders who

common

the
The

$4,477,669 $17,463,650 $14,208,817

73,208,183

for

entitled.

$30,660,868 $90,671,833 $91,304,643

26,183,199

Co., Inc.

them

1949—3 Mos.—1948

23,853,855

Equip, rents (net)

involved

Electric Co., to Electric Bond and
supplemental application filed by Foreign

Share

holdings

CHRONICLE

Cuban

(2)

and

Bond

.oper.

Ry.

in

the

Power

FINANCIAL

Any such question will in due

proceedings, on which oral arguments were held May 3. These
include (1) certain motions made by various representatives of stockholders of Foreign Power requesting, among other things, the
suspen¬
sion or impounding of interest on debt obligations owed by
Foreign

!

&

Baltimore & Ohio RR.—Earnings—

sub¬

a

company, and repre¬
at this time passing

not

are

time

decision

reserved

of

which

the security structure of Foreign Power.
course be considered in connection with
the

stock

common

a

assets

thereof.

equity
of

amount

vested

COMMERCIAL

1932

to

paid

Bullock, President.—V. 168, p. 2539.

■

Volume

THE

Number 4801

169

Canadian National Lines in New England—Earnings—
><

March—

Gross
Net

from

Net

ry.

railway—
railway
^

ry.

*65,548

*74,526

580,100

•

*91,682
■

railway—L i

547,000

612,000

*220,242

*129,986

*384,992

*316,353-

Income—

oper.

"Deficit.—V. 169, p.

*44,073

Net

railway-—

from

Net

frora

Net

from

Net

ry.

118,243

2,321,600

2,040,578

1,899,282

732,410

658,626

367,527

311,669

Lines in

*9,789

1947

*46,348.

*53,047

from

Net

ry.

*113,125

*115,493

$3 ,133,434

81,859,775

,J..

$0.15

—

,

;

,

'583,672

492,886

$1.59

f;..

'.

$0.94

"

Income

Net

Corp.—Earnings—

1949—5 Mos.*—1948

•

*173.634

*198,185

*161,619
*338,696

-V.

*254,735

*399,018

I,o65

33,239,073

'•$2,359,390

$8,429,965

169, p.

*510,330

1776.

1949

1948

1947

1946

$561,554

$519,472

$730,540

$493,139

120,562

57,600

247,769

80,158

60,045

15,480

140,053

2,087,062

1,971,021

2,034,442

•1,435,349

622,765

557,693

700,032

374,855

332,371

317,529

385,402

197,20J

railwayrailway-

from

ry.

railway—
railway

from

—V.

5,978

__

income-

oper.

169,

41,812

1443.

p.

Chicago Indianapolis & Louisville Ry.
March—

1949

from

railwayrailway.-:

509,033

385,035

1,669,775

1,762,356

$1,850,357

$1,824,651

5,748,569

$5,956,311

$7,718,667

Net

from

Net

$8,418,344

ry.;: oper.

169, p. 375.

Gross

Net

Corp.—Earnings-

1946

$1,299,583

$864,109

253,834

368,406

222,741

*13,5.15

09,110

1*2,636

22,334

*149,497

4,442.752

4,458,262

3,554,886

2,403,037

I

from

"Deficit.—V.

1947

$1,594,174

railwayfrom railway.ry. oper. income..

Net

-Earnings-

1948

$1,536,438

income

From Jan; I—

Central Vermont Public Service

591,405

€40,578

ry. oper. income
From Jan. 1—

$7,724,645

11,621

~

>$2,209,686

—

——

1,661,503

32,814,620

*407,708

1664.

p.

6,957,919

7,315,701

2,074,026
691,923

Net

Net

$41,669,038 $40,539,265

$2,211,251

lb,07b

.

deductions

*433,510

8,275,126

091,829

from

Net

1949—12 Mos.—1948

$2,374,466

...

(deduct.)

income

323.557

296,933 :

2,021,475

income...

oper.-

from

Gross

332,789

*323,721

_

169,

-

*64,532

Chicago & Illinois Midland Ry.—Earnings-

Net

$0.08

revenues

.Gross income

1946

$2,405,581

€40,688

8,124,058

March—

Gross

169, p. 1447.

income

MONTHS

1947

$2,638,457

$2,664,169 '

■

Period End. Mar. 31—

*185,789

517,937

•

income—

oper.

■'Deficit.—V.

$161,152

income

THREE

1948

262,984

income...

railway
railway..,

from

'yy.

railway—
railway

oper.

ry.

804,394

$295,101

Other

railway

from

Gross

*132,729

„■

FIRST

$2,834,742 " $2,948,172
767,668
829,993

3

From January 1— 1
Gross

Net

$119,377

iiom

Net

804,348

Central New York Power

1946

$167,030

>. *100,925

•

$3 ,937,782

-V.

AND

1949

"Deficit.—Vj

67,041

Operating

1948

$210,631

"52,799

Income.

oper.

ry,

'From January 1—
Gross

$357,995

$228,193

Vermont—Earnings-

$166,954

railway—~

ry.

1,459,495

-

"

146,791

$10,806,887 $11,834,201
Operating exps. & taxes
8,432,421
9,622,950

Net -from -railway—.,—

Net

$4,123,664

129,802; ,T,,687,822

$508,933
•

•

67.041

Operating

1949

from

$5,,625,304

from

'•

$362,142

217,645

March—

Gross

20,236

_________

562,667

580,426

Canadian Pacific

income

div.

outstanding

1664.

p.

$4,103,428

37,993

•'-■

1,778,916

912,816

income—
169,

$5, 587,611

1,187

Earnings per com. share

110,365

-230,643

138,524

railway

oper.

$356,808

1,459

MARCH

railway:—'.

T

Balance for com. stock

$603,816

;i" 220,790

railway—-

'*Deficit.—V.

$507,474

Net

,1946

From January 1—
Gross

14,247,198 t

requirements..

Pfd.

';

$668,137

284,165

323,752

•

oper.- income

ry.

$743,1^9

$300,618

14,866,186

FOR

'

Gross' frond

Net

Earnings—
1947

March—

Mi.

$20,453,797 $18,350,626 *.

1,318,253.

income

Gross

•

railway—__

1949—12 Mos.—1948

,$1,675,061

1,151,811

taxes.

Net operating income.
Nbn-op6r. income (net).

*310,764

1948

(1987)
EARNINGS

*133,380

*206,911

&

expenses

Net

1 Q4 Q

from

CHRONICLE

Net

Cper.

1447.

vph

Gross

1949—Month—1948

$1,659,285

revenues—

Int. & oth; deducts, (net).

Canadian. Pacific Lines in MaineTUTo

FINANCIAL

*127;890

-552,000

*31.927

railway—V

from

Net

Period End. Mar. 31—

Xperat.ng

1—

j an.

from

Net

*22,481

>

*133,384

Income—J

oper.

From
Gross

$175,000

&

Maine Power Co.—Earnings—

•' Central

-

$218,400.

$230,000

-s

*80,492

-

1946

1947

1948

1949

$189,000

from

COMMERCIAL

169,

598,444

969,808

404,553

241,205

.145,388

405,048

*158,462

*129,731

1664.

p.

'

Canadian Pacific
; VPeriod End. Mar. 31—
Gross

1949—Month—1948

earnings

Working

Period End. Mar. 31—

Ry.—March Earnings—
.

$30,890,969

1949—3 Mos.—1948

.

$23,346,141

30,077,045

expenses

Operating levenues
Oper. exps. & taxes

$85,558,298

26,780,260

•Net

earnings
169,

Net

76,222,903

85,239,648

8813,924

$1,565,881

Int.

tion

statement

.shares

of

The

the

with

S.

the

SEC

stock

common

prospectus

Gilbert

at

proposing

60c

New

of

per

York

snare.

as

to receive
to be supplied by amendment.

Proceeds

be

to

are

•development,

are

applied

Oper.

oper.

&

Other

Westmount, Canada, and
The names of

commissions

working

of

capital,

1S49—Month—1948

$2,298,723

—,'

taxes.

Ibe -per

$73,515

other

&

v

$18,147

$1,085,324

$813,517

5,321

681

$1,090,645

$314,198

328,828

297,637

V;

deductions

(net). f

■

charges

27,884

1

__

28,298

11,000

income

Net

Pfd.

stk.

-

'■

-

178.500

-

$582,855

<net i

exploration

Bal.

and

*$10,151

$583,317

income

157,102

157,102

$21,539

pfd. stock
requirements

Central

*$23,243

$426,215

$210,459

<•

income

457

120,790

$6,160,587

$5,471,159

1,968,714

1,693,498

from

Net

25,352

.'

from

Net

$529,623'

205,467

157,246

$385,069

$372,377

$4,191,873

ry.

Ry.

780,440

1949

1948

1947

1946

$893,000

$800,838

—_1——

$3,411,433

155,959

120,242

*96.052

*63,881

52,181

17,300

*189,743

2,429,000

2,380,895

-V. 169, p.

railway
railway

ry.

,,

2,247,000
223.554

?

—

income.,-

oper.

•"Deficit.—V.

169,

Charleston

1330.

*60,049

r

.

332.873
V

3€4,478 '

10.327

31,278

41,950

"275,154

1447.

p.

Caterpillar Tractor Co.—Earnings1949—3 Mos.—1948

ry.

.Sales——$22,892,523 $19,357,276 $65,055,795 $56,953,945
Profit

1,875.727

774,264

4,793,621

NOTE—In

determining the above profit, Federal
tbeen computed at rates currently in effect.—V.
169,

Central

from oper.

after

Earned

March

charges

2,925,326

Gross

1948

198,982

$0.65

—

Net

ry.

railway.—

Gross

$0.SG

1947

Gross

1946

from

Net

ry.

139,831

*296,091

—V.

8,094,981

8,264,041

1,162,009

544,195

582,357

280,849

*184,095

49,995

9,177,386

9,254,965

989,900

income...

204,718

169.

'

$1,647,135.

& taxes.

1949—12 Mos—1848

165,610

Vs

905,784
*5,481
*74,949

—

1948

•Other

&

7,338,099

1,070,599

52, 191,074

56,570,273

52.884,310

53,650.212

11 .998,499

17,233,676

20,024,183

19,222,834

4, 301,872

7,541.422

9,869,351

9,733,544

railway—.

railway
income—

1664.

p.

I

;/

corporation,
SEC

for

of 5'V

has

-

in

subordinated

order
Trust

49"f'r

capital

stock

for

security for the
working capital.

loan.

$3,327,104

34,567

L; .285,015

500,646

an

additional

,

oi

$304,374

41,802

41,801

$253,451

_____

$2,853,226

$262,572

$2,826,458

501,606 V?.:

American

501,603-

the

$2,324,852

step

Eurlington,

such

of

its

toward

for authority to issue
short-term indebtedness

obtaining

Burlington

The

Return

of

the

the
of

latter's

proposed

of

to

holders

persons

due

July

the

proceeds

stock

merger

said,

is

of

offer

$624,825
of

of

$500,000

approximately

Transportation

balance
the

return

Co.

deposited

will
to

American

previously authorized by the ICC.

as

proposes

registered

entitle

$2,351,620

the

debentures,

ICC

thereby

12,962,553

'

stock.

_

End. March 31

1948—3 Mos —1948

be
with

invitation
one-to-ten

$6,538,052

$26,833,559

800,063

956,836

3,082,614

2,080,964

1,641,678

7,817,102

Net

363,342

1,727,008

Net

ry.

552,261

2,575,691

886

886

3,545

income

169, p.

'i:

„

income

670,890

533,641

2,440,019

March—

Net

2,807,000

2,875,000

$1,806,487'

$1,655,403

$6,400,575

21,267

__

____

r_

|

•___

21,147

120,427

$1,827,754
552,748

$1,676,550

$6,521,002
1,973,014

$1,240,640

435,910

.

Louisiana

Commercial

William

Dana

offices —135
as

;

&

NOTE:

Seibert,
La

$35.00

account

Chro'nicle

issued

provide

tp

equipment,

for

estimated

the

purchase

cost

to

of

new

approximately

FOR

MARCH

AND

FIRST

THREE

1948

MONTHS

1947

1946

$14,279,819

$13,434,835

2,347,658

*592,026

income-—

*377,842

*332,751

844,102

*1,984,50?

40,646,314

42,738,767

39,664,773

*711,222

2,027,440

4,411,248

38.251,297
3,227,944

*4,033,500

railway..—
income—

*2,359,592

169,

175,855

*4.98,290

1776.

p.

,

Co., Inc.
issue,

President:

William

of

St., Chicago 3,
February 25, 1942,
per
the




year;

in

D.

111;
at

Riggs,

EARNINGS

from

Net

In

the

of

Canada,

rates

of

ry.

Gross

$2,404,143

$2,100,442

486,696

371.374

99.425.

other

received

bids

MARCH

FOR

AND

FIRST

1949

THREE

1948

fo-r

MONTHS

1947

1946

railway..— $15,633,472 $15,731,643 $14,769,437
4.337,817
railway.—__
3,783,951
4.253.457

$13.262,00f>
1,124,735

1,714,974

1,396,063

2,046,291

111.53&

railway....

4 3.827,447

44.915,053

41,656,545

40,18O,33»

railway——

10,477,176

9,594,672
3,121,401

11,240,446

9,248,442
4,025,856

income.—

oper.

from

oper.

income

Bankers

paying

131,680

89,958

3,683,739

5,188,379

Trust

agent

due

Co..

for

New

York,

$2,808,000

semi-annually

Oct.

N. Y., has been appointed New
series
C
2Vb%
eiuinment
trust-

1,

7,893.076

6,852,079

6,081,618

1,294,694

911,307

1-68,710

400,931

132,537

*594,109

169,

p.

1949

through

April

1,

1961.—

1880.

*496,288

7,590,782

V.

Chicago St: Paul Minneapolis & Omaha Ry.— Earnings

499,C07.

March—
Gross

from

Net

Bros.

&

Hutzler

ry.

The issue was reoffered, subject to ICC approval
prices to yield from 1.5.0% to 2.95%, according to ma¬
turity.,'Associated in the" offering are Drexel & Co.;
Union Securities Corp., and Stroud & Co., Inc.

-

1946

$2,709,287

$2,685,547

$2,253,602

287,182

318,829

548,181

*289,959

*4,794

*39,149

219,330

*625,803

7.631,163

7.886,507

7,435.013

6,495,693

47 3,477

740,871

1,146,330

140,209

*375,816

*382,3C8

176,493

*827,4.18

income...

oper.

from,

1947

$2,732,607

from

ry.

associates

1948

railway—.

railway.——

From January

Gross

Net

and

i<M9

from

Net

Net

1—

railway

railway

oper.

income.

"Deficit. —V.

169,

p.

1C64.

1962.

The

issue

99.435

William

Manager.-

exchange,

of

*205,877

Childs Co., New York—Partial Redemption—

at

Office)

$38.00

b'cl

From January 1—

won

bid

Business

a

from

May 5 of $7,020,000 2-%% equipment trust cer¬
tificates, due $260,000 semi-annually, Nov. 1, 1949-Nov. 1,

com¬

Patent

on

March-—

certificates

1,227,144

----t

was

for

B.

awarded

per

Dana

Published

year.

remittance

Other
for

on.

bid of

a

99.613.

Halsey, Stuart & Co. Ine

Gil

Company,

twice

a

Publishers,

week

[every

Park

Thursday

Place,

New

(general

news

subscriptions

28

327

shares

of

5 V2 %

cumulative

1,

1949.—V.

169,

p.

8,

preferred

stock

1664.

REctor 2-9570.
Herbert D. Seibert,
and advertising issue) withi a statistica! issue
& Smith.
Copyright 1949 by William B. Dana

York

N.

Londofl, E. C., England, c/o Edwards
Act of March 3, 1879.
Subscriptions in,United

Countries. $42.00

foreign

25

April

(in¬

cluding shares of stock to be issued upon exchange of old 1% preferred
stock)
were
drawn for redemption on June 1,
1949, at $100,916?
per
share,
which includes accrued dividend from April 1, 1949 to
June

2%s.-

(Telephone State'^0313); 11 Drapers' Gardens,
the post office at New York, N, Y., under the

Dominion

fluctuations

S.

1946

the award

2428,
U.

awarded

was

as S'/aS, were: Halsey, Stuart & Co. Inc., 99.3885; Harri¬
Ripley & Co., Inc and Lehman Brothers (jointly), 99.379; Harris,
Hall & Co. (Inc.), 99.305; Leo Higginson
Corp., 99.286.
son

v.,s; r.wV—

railway—.

Offered—Salomon

p.

.1947

Chicago Great Western Ry.—Equip. Trust Certificates

$4,547,988 V $4,477,150

(Reg.

Salle

matter

Union,

On

cer¬

tbe certificates

The

$2,745,212

ry:

93,133

1948

223,304 ;V

^

1—

from

from' railway

1.689,556

Proceeds will be used to finance

and" Financial

S.

second-class

American
■„

same

the following

Brothers

maturing from Nov. 15, 1949, to May 15, 1961,
priced to yield from 1.25% to 2.425%, according to
maturity, are being issued under the Philadelphia plan,
subject to approval of the ICC. Associated in the offer¬
ing are Drexel & Co., Union Securities Corp. and Stroud

$3,165,705

Electric

pany's construction program.—V. 169,

*

the

on

recs'ved

certificates

York

506,854

income

oper. income__J
"Deficit.—V. 169, p. 1448.

1, 1948 sold privately $800,000 first mortgage 3%% bonds

The

bids

road

and Lehman

1331.

'2,629,158

railway
railway—

oper,

Net

$6,037,568

■;l

169, p.

—1949

From- Jan.

company on

series C due 1976.

-

Net

$1,275,006

;

from

Gross

Co., Inc.—Bonds Sold Pri¬
Jan. 14, 1949, sold privately 161,200,000 first mortgage 3%% bonds, series D and on Feb.

.

the

Chicago Rock Island & Pacific RR.—Equip Trust Cer¬
tificates Offered—Offering of a new issue of $3,528,000
21£% equipment trust certificates, series D, was made
May 4 by Salomon Bros. & Hutzler and associates. The

Net

subscription privileges to
its outstanding common stock which
will
purchase debentures on the basis bf $5 prin¬

from

Gross

1222.

.Central

be

lroad

railway

from

2,066,951

784,000

(net)—

vately—The

alternate

1,159,407

oper.

-

transferable

agreed

Net ry.

801,000

tax..

income

for

years,

Paying Agent Appointed—

Fed¬

—

deductions

Net

—V.

than

operating

Gross

'Total

franchises^.

income

at

$14,938,437

oper,

from

ry.

Gross

Chicago & Eastern Illinois RR.—Earnings—

3,543

•Other

l-a

'•Deficit.—V.

and

of

to

otherwise acquired.—V.

2,214,632

Net

received

lway— $14,511,902

from

ry.

1,315,147

705,570

income

bids

Other

99.78.

Inc., 99.715; Salomon Bros. &
Corp., 99.6299; Harris, Hall & Co.

lailway.607,685

from

Not

5,876,389

income

of

Co.

1949

from

Net

$23,456,138
,
' 3,126,902

520,871.

eral

will

m

EARNINGS

used

amount of d-ebentures for each
share of common stock. Unsub¬
debenture's will be" offered
at
competitive' bidding.
Chicago
to acquire, up. to
$525,000 of the debentures (including
$127,100 to be issued to it upon exercise of subscription rights)
not

1949—12 Mos —1948

$7,386,734

Depreciation

Federal

&

its

has

purchased

of

b.'d

a

Boston

constitute

cipal

Co.— Earnings—

revenues—__

other

to

o:i

Stuart

First

Hairiman Ripley & Co,, Inc.

certificates

The

the

to. refund
Co.

convertible

American Buslines, Inc.

applied to

$3,133,241

$295,253

operation

Amortiz.

The

$18,564,629 $17,001,233

Chicago investment company, has made application
exemption order permitting its purchase of hot in

an

of $525,000

14,040,877

MairitenanCe

'Taxes,

subject

3,063,476

3,637,300

$338,941

'

gas

publicly re-offered,

were

maturing in

scribed

Power

Trust certifi¬

$7,785,375.

i

1946

2.693,190

Bankers

to

169, p. 1776.

•Operating

Ry.—Equip.

(jointly),
99.01
for 2s;
Halsey, Stuart & Co. Inc., 99.01 for 2s; Salomon Bros,
& Hutzlpr, 99.573 for 2'/os;
The First Boston Corp., 99.439 for 2l/as;
Harris, Hair& Co. (Ine.1, 99.35 for 2VbS.

Net

1947

5,957,852

1,274,412

Central Illinois Public Service
Period

Halsey,

response

Net

Quincy RR.--Earnings-

&

2,379,7-64

21,094

income

pfd.

Western

From January 1'—

5,548.623

debentures

$1,613,353 $17,179,118 $16,289,662

into

—V.

276,232

87,908

1,183,528

1—

$316,346

deducts, (net)

Balance

203,186

36,960

1,330,789

income

on

4,371,390

1664.

p.

March-

$19,183,740

American

as

Net

6,485,671

4, 885,192

awarded

was

were:

proposals:

2447.

1, 1953, to be issued by

Earnings—

1949—Month—1948

revenue

Divs.

In

Gross

Chicago Corp.—To Purchase Bus Line Debentures—
The

1664.

p.

Period End. Mar. 31—

Int. & oth.

1,244.120

issue

sale

tificates

v.

$19,072,765

oper.

169,

to -the

Illinois Light Co.

expenses

49,557,651

12, 164,334

and

railway.

Central

53, 284,232

920,987

certificates

Hutzler, 99.715;
(Inc.), 99.53,

*27,925
*54,397

;

railway....

from

Net

188,150

income—

oper.

Gross

1,242,747
146,148

oper..

*105,228

,

excess

•Oper.

66,817

1—

*Deficit.—V.

■Gross

108,125

$327,660

railway
income—

from

ry.

$2,818,850

railway......

from

ry.

75.050

35,853

3949

from

381,626

576,697
270,930

from

Net

railway.—

March—

$2,958,523

$3,346,838

459,373

Jan.

Net

$425,496

64.172

railway

From January

1948

$3,266,935

railway

oper.

From

-Gross

1949

from

from

$427,480

24,277

Chicago Burlington

$399,635

422,023

i

The
the

Gi:tis

Net

March—

Net

59,037,123
8,392,399

*493,253

North

standard-gauge

1946

:V.

ry. oper. income
"Deficit.—V, 169, p.

Central of Georgia Ry.—Earnings—
•Gross

income...

from

from

Net

1880.

p.

966,150

56,911,171
5,037,093

169,

&

the

The

1947

1—

Net

$763,466

taxes

^

2, 278,852

by the ICC, at prices to yield from 1.40%.
2.60%, according to maturity.

'

taxes have

1949

and

share...

per

169,

$442,093

oper.

Net

—V.

1948

railway.—
railway.

From Jan.

1664.

p.

31-

before deprec., int. & Fed. taxes

all

1,191,381

certificates, maturing $414,000 annually June
1, 1950 to 1964, inclusive. Issued under the Philadelphia

Carolina Ry-—Earnings-

1949

Foundry Co. (& Sub.)—Earnings—

Ended

Quarter
Inc.

Income

income

■'

from

Net

.

Western

from

Net

1S49—Month—1^48

&

March—

:

Gross

Period End. Mar. 31—

Chicago

1,929,659

income

oper

Gross* from

$2,997,221

;

——

1,427,790

cates Offered—Harriman Ripley & Co., Inc., and Lehman
Bi others won the award May 4 of $6,210,000 2%%
equip¬

$619,173

21,394

V

______

Vv

Balance

*844,141

income

oper.

"'Deficit.—V.

to

780,440

_

1946

5, 264,608

to authorization

Inc.--Earnings;—

$796,000

-s

■,

railway

railway

Net: from

$3,777,661

pfd. stock for the period—

to

RR.—Earnings
1947

$19, 402,816 $16,406,229

1—

railway
railway.

from

Pacific

1948

3,719,818

income.—

oper.

ry.

&

3,241,774

from

Net

Paul

$20,164,036 $20,966,564

ment trust

1331.

Vermont

March—
Gross

$5,445,807

Net

Net

ry.

From Jan,
Gross

plan,

$6,039,797

$590,536

Dividends applic.

Net

railway
railway

from

$367,561

13,092

From January 1—

Gross

Int. & oth. deducts, (net)

Net

149,000

13,092

require;'

after

divid.

payments.

1949-1-2 Mos.—1943

$529,166

7,681

St.

1949

from

Net

$24,631

divid.

snare,

$2,031,629 $27,157,803 $22,966,191
1,502,463
21,118,006
17,520,384

1,715,868

income

Drl02

Light Co.—Earnings—

revenues-

expenses

Net

$38,249

Dr'26

"Deficit.—V: 169; p.

Period End. Mar. 31—
revenues

$73;541

(net)

income

equivalent

promoters.

inhabitation, equipment, and option agreement

Carolina Power &

Operating

to

Chicago Milwaukee
March—
Gross

.

of

the

4,935,220

Total inc. taxes & .special

registra¬

a

offering of 500,000

the-public

Crenevert

Rene

names

Rosenthal

underwriters,- who

lire

■■

with offices at Montreal, Canada, has filed

company

$5,748,737

5,339,723

income."

oper.

Gross

Carnegie Mines Ltd.—Registers With SEOThe

$6,425,047

484,367

$1,335,4.5

$318,650

1558.

p.

1949—12 Mos.—1943

$502,616

440,414

$77,558,383

Ncn-oper; inc;
-V.

1949—Month—1948

$513,955

___

Y.,

States,

U.

S. Possessions,

per year.

and advertisements must be made in New York funds.

Territories

Edit°r

and

Publisher;

Monaayj..
Other
Company.
Reentered
and Members of Panon

4

(1988)

THE

Chrysler

Corp.—Quarterly Statement—K.
May 5 said in part:

President,

Net earnings for the first three

%

4.7

of

T.

Keller,

on

sales.

These

in

amount

months

earnings

of 1949

PURPOSE—Because
been

unable

chases and

$18,707,951, or

were

dividends

include

COMMERCIAL

foreign

from

sub¬

of

Such

tially

reduced

loss

has
its pur¬

company
upon

and

of

expense

earnings.

borrowings

substan¬

has

"

'

months

of

the
1948

of

$4,976,368.

Earnings for the first three
including $805,178 in dividends from

$14,921,644,

were

foreign subsidiaries.
Sales

■i

of

trucks,
three-month
period

the

of

sales
trucks
with

Plymouth,

from

sales

Cash

,

after

parts,

in

units

short-term

and

all

De Soto and Chrysler cars and Dodge
plants were 242,104 vehicles as compared

States

223,256

and

$401,245,547.

Dodge,

United

of

other products for
During this period unit

accessories

were

cars,

the

securities

marketable

substantial provision for

three months

first

31,

capital

is

structure

reflected

not

the consolidated

in

balance sheet

these

of

securities

current

a

CONSOLIDATED

.

Period End. Mar. 31—

position

will

be

used

its

upon

accounts

/

$
Gross

revenue

Gross

pay¬

—V.

of

April
from

109, p.

1559.

4,901,152

14

6

subscribed

per

share, for

the

and

for

464,913

shares

also

(see

V.

169,

1223).

p.

31,

Net

8.448,632

194,143

1,942,546

2,050,432

Power

Co.

1948

1946

1947

$1,684,699

$1 ,613,047

$1,267,250

380,749

744,009

787,625

476,186

258,153

665,119

716,668

366,821

4,100,408

4,995,071

4,,658,809

1,961,459

2 ,337,536

1,688,179

2,,078,711

full

year

The

1,234,704

income.-.

1949.

nine

the

income

2,718,439

representing
month

one

income

net

months ended

months

of

ended

Dec.

and

The

of

the

ended

29,363,048

ended

months

31,

1948

and

Indiana

Gas

&

1948.
1948

March

South

of

April 30,

31,

$1,355,084

29,225,650

12

net income

Southern

March

$730,518

investment

of

the

for

Caro¬

$1,044,418
Co.

Electric

Consolidated net income for
incluaes

for

Commonwealth

the

respective

Southern

&

income

net

for

a

companies.

in South
Carolina Power Co. was disposed of in May 1948, and the investment
in Southern Indiana Gas & Electric Co. was disposed of in January

1,564,708

939,793

12

3,523,758

1,276,958

the

net

$70,333

for

*

.

2,737,467

includes

the

$1,342,783

railway

oper.

14,638,483

9,015,165

199,348

corp.

;

1949

irom

ry.

54,500,595

14,468,506

703,378

pfd. stk of par-

1949

lina

March—

Net

54,651,867

1,261,394

■

NOTE—Consolidated

for

as

4,867,354

before divid.

inc.,

ent

total of $15,544,unsubseriued for snares

46,491

registration

;

railway—

"

1,219,984
744,353

(net)

a

Clinchfield RR.—Earnings
from

'

Subscrip-

representing the

Gross

1

213,946,149

on

on

March

at $33.50

expired

$

268,446,744

*

record

(no par)

$

19,456,864 223,928,161

income

Int. & other deduc.

Net

removed

been

Co.- -Stock

$

24,324,218 278,580,028

19,079,021

-

primarily

p. 248.

,

Rights

have

Illuminating

S

1949—12 Mos.—1948

23,980,173

„u

Oper. exp. & taxes

■

stock

common

552.

Electric

ACCOUNT

INCOME

1949—Month—1948

pfd. stk. of subs.
Minority stkhldrs. int._

;

not

was

sale

in

thereafter discount its bills.—V. 167,

may

stockholders

The
of

aggregated
$163,051,478
and
net
working
capital
was
$237,983,651.
Depreciation in the amount of $4,835,820 was charged
to operations during the three months ended March 31, 1949.
•
'
At
a
special meeting held on April 19, 1949, the stockholders of
Chrysler Corporation authorized the amendment of the certificate of
incorporation to change the authorized common stock of the corporation
from 15,000,000 shares of the par value of $2.50 per share to 20,000,000
shares of the par value of $25 per share.
However, this change in

the

of

company

,

Divid.

1949,

Inventories

of March 31, 1949, contained in
this report inasmuch as it
authorized until April 19, 1949, and became effective April 25,

the

tion—'

payments, were $198,652,688.

income tax

proceeds

put

Cleveland

1948.

March

of

as

of

The
to

able, so that it

I

•

.

sidiaries

Monday, May 9, 1949

to borrow money upon its accounts receiv¬

discounts

of

its

CHRONICLE

working capital,
customary discounts

the

of

has been obliged

able.

FINANCIAL

insufficient

availitself

to

&

1949—V.

169, p.

Corp.

1880.

From January 1—

CONSOLIDATED

COMPARATIVE

STATEMENT

OF

NET

EARNINGS

Gross

from

Net

sales

Int.

and

Of

service,

151,017

(est.)

of

profits

cess

of

reconversion

Earnings

15,459,106

9,475,000

9,550,000

13,650,000

457,500

14,116,466

20,492,793

*8,382,072

ex-

aends

from

received

divi-

.

foreign

eign

,

*

from
ry.

20,492,793

4,976,368

805,178

1,009,614

14,921,644

21,503,407

4,835,820

3,695,878

2,024,733

10,877,330

8,702,264

3,263,349

Gross

paid

tCharged to cost of sales and

(Corporation

and ail

accrued

securities

(at

cost

and

Net

ry.

2,238,880

2,767,675
141,317,867
4,793,612

3,571,396

cost)—

1,411,562

2,358,685

with

Accrued

and

ins., taxes and
taxes

Common

stock

Additional

541,406,396

•After

for

$63,658,269

at

in

31,

and

$55,104,000

in

1948

_____.

541,406,396

March—

§After deducting $50,180,000

S.

1949

from

ry.

railwayrailway™.

from

Net

oper.

savings

Jan.

to

notes

be

-Earnings

and

$2,936,886

.$2,385,398

1,280,876

954,636

HISTORY

AND

the

protective

date

holder

of

all

Consumer

2,547,132

1,356,394

p.

1,895,983

1,382,114

the

shipments

retail

said

by

6,525

477,600

416,456

*27,309

59,863

56,865

Co.,

March

and

*71,058

14,402

to

trustee,

of

135

holders

all

So.
of

Combined

depositor,

Industrial

Plastics

sold

are

the

in

of

company

This

production
equipment

war

have

25,

trust

the

1949,

property

trustee

trustee
truste

the

oper.

been

produces

following

of

and

organized
and

items:

etc.

PRESENT

AUTHORIZED

organization,

effective

48,565

344,435

22,852

26,377

95,620

95,640

92,181

103,310

370,295

382,634

$409,225

taxes

*$3,226

income

(net)

896,085

$81,380

„„___

deductions

$36,134

V 84,696

338.434

236,265

$180,782

/

84,606

$374,568

$745,490

12,709

12,015

53,514

169,657

$68,670

income

$168,767

$321,054

$575,833

Consolidated Edison Co. of New York, Inc.—Output—
The company on May 4 announced that
System output of electricy
(electricity generated and purchased) for the week ended May 1, 1949
amounted
to
198,600,000 kwh.,
compared with 202,900.000
kwh. for
the corresponding week of
1948, a decrease of 2.1%. Local distribution
of electricity amounted to
192,200,000 kwh, compared with 190,900,000

kwh.

for

the

corresponding

week

produces

net

will

cash

Shares

has

increase

an

of

0.7

7P.

ACCOUNT
1949—12 Mos.—1948

$

$

$ '

104,825,199

368,965,507

348,612,050

86,004,574

85,787,151

321,762,841

296,913,054
51,698,996
190,471

'

•*„'

1

$

(of

of Trust

dated

converted

Operating

income

Gross

—

16,953,896

19,038,048

47,202,666

income—

61,066

41,325

198,216

—____

17,014,962

19,079,373

47,400,882

51,889,467

3,994,197

3,143,476

13,491,133

*15,719,730

13,020,765

Non-operating

15,935,897
i-i

33,909,749

36,169,737

$2.09

$2.20

income

Income
Net

;>

the

to

pay

holders

represented

proceeds

of
at

all
the

interim

deductions

——.

income

thereof

thereby,
of

and

the

trust

termination,

share—

common

Period End. Mar. 31—

the

being

securities
date

per

receipts

interim

all

and/or

assignments,

outstanding

and/or

for

receipts

certificates

together

shall

with

be

1

1949—3 Mos—1948

:

Sales

of

electric,

Sales

of

gas

Sales

of

Federal

—(000s

1949—12 Mos.—1948

Omitted)

:

—

(kwh.)

2,547,258

2,751,402

9,972,177

9,813,353

(cu. ft.)—

18,568,241

20,062,335

55,628,745

55,854,659

steam—pounds

6,492,861

7,648,992

15,091,634

16,270,393

payment

in

cash

have

with the

the

at

also

ownership

said

office
,y.

income

tax.

(Earnings of

Operating

revenues

S.

weeks

Company

of

been

notified

certificate
the

to

the

present
back

the

on

trustee.

See

also

thereof

V.

86,958,971 317,668,588

71,792,292

72,302,439 279,010,673 257,728,939

12,961,730

14,656,532

38,657,915

156,075

133,417

579,291

2,939,356

—13,117,805

39,237,206

3,001,525

14,789,949
2,159,178

9,684,986

46,160,386
*11,902,189

10,116,280

12,630,771

29,552,220

34,258,197

deducts.-

revenue

Operating income
Non-oper. income

—

Gross

income

Solvents Corp.—New Vice-President—

Net

—

income

Carswell,

for the past three years Manager of the
company's
Development Department,
has
been
appointed
Vicecharge of Research and Development.—V.
169, p. 4.

(000s

and
in

and

April

Sales of
Sales

electric,

of

•See

with

1948

% Increase

217,253,000

210,176,000
211,155,000

228,240,000

215,811,000

9

226,798,000

217,881,000

9.270,442

15,844,118

45,272,830

45,445,289

Consolidated Gas Electric Light & Power Co. of Balti¬
(& Subs.)—Earnings—
*

1949

revenues

Depreciation and

1948

1947

$13,222,911 $13,134,746 $11,159,481

expenses

7,828,927

amortization

8,860,269

6,613,210

1,002,856

1,002,383

935,634

2,373,958

Operating income

5.8

April

9,401,853

14,738,360

2 Months Ended Feb. 28—

6.4

16

2,598,212

ft.—

1,745,858

1,765,752-

$2,017,643

$1,592,985

$1,777,662

Taxes

3.4

224,660,000

——„_

Omitted)

2,390,896

more

Operating

1948:

1949

30

43,221,030

above.—V. 169, p. 1880.

Operating

April 23

300,949,969

(kwh.)

gas—cu.

(*)

Co.—Weekly Output—

percentage comparisons

1949—12 Mos.—1948

84,754,022

—_

169,

.'/v

.

Only)

1949—3 Mos.—1948

appertaining to the said interim

coupons

certificates

payment,

special charge of'$3,140,000 representing portion of certain
to surplus equivalent to estimated resulting reduction in

Period End. Mar. 31—

accom¬

Electricity output of the Commonwealth Edison Co. and associated
companies, excluding sales to other electric utilities, for the week ended
April 30 showed a 3.4% increase over the
corresponding week a year
ago.
Following are the kilowatthour output totals of the past four

plastic

—:

4.1

Other

income

Gross

New York
The

City

appointed

CAPITAL—By amendments of its articles
June, 1947, the authorized capital con¬

year,

102,958,470

deductions—

/•

mer¬

in

v'j

Oper. rev.

trustee,

trustee

outstanding

possession

Commonwealth Edison

other

."

7

revenues

April

division

last

of

INCOME

1949—3 Mos.—1948

outstanding

the

the

Period End. Mar. 31—

Oper.
of

President

industries.

••■;

264,160

-.76,955

Operating

taxes.

executed,

T.

Washing

various

and

covers

This

4,697,140

232,205

revenue-

income

Earned

said

share

in trustee's

1111.

plastic film.

Division:

$6,193,237

4,982,304

71,067

remaining in its possession
„

of

Week Ended

division

the

toaster

flexible

various

to

the

$5,765,125

1,241,422

39,938

Street,

Broad

Trust

and

termination.
the

duly executed

Research

follows:

channels
covers,

from

made

of
as

Division:

Goods

roaster

items

that

are

1949—12 Mos.—1948

$1,615,219

taxes—

Income deductions

Advertising Display Division:
Permanent
point-of-sale adver¬
tising displays are designed and manufactured by this division from
a
variety of materials such as plastics, glass, wood, metal, card¬

of

23,904

*83,705

114,090

Corp.,

each

of

transfer

receipts

(3)

board,

*64,402

'

763,251

was
organized in Wiscon¬
authorized capital of $25,000.

overseas

which

through
covers,

household
(2)

$171,232

478,140

notice

the

remaining

Bearers

3,314,259

engaged

$3.32

items charged

duly

activities

the

war,

divisions

chandises
machine

for

1949—3 Mos.—1948

taxes—

local

and

•Includes

101,028

was

458,202

•Loss.—V. 168, p. 2005

income accrued upon such securities and trust property since
31, 1949, after payment of all taxes,
charges, expenses, counsel
and compensat'on of the trustee. With respect to interim
receipts
and/or certificates which are registered as to
principal, payment will
be made by the trustee to the registered holder
thereof, except that
where
payment is to be made to persons other than the registered

6,868,870

'

the

three

items

income

Gross

$146,217

plus

521,336

an

•V

1,229,269

& mainten.
depreciation--

Jan.

8,362,618

company

$3.98

$1,382,015

revenue

fees,

BUSINESS—Corporation
years

457,504

$0.61

1946

1947

$180,599

certificates

on

of

to

for

share

rata

748,158

1944, with

war

packaging

materials.

(1)

1943

:

Trust

giving

terms

$10.32

property

same

September,

During

114,550

?0.61

-

1111.

Total other inc.

*6,722

1448.

p.

261,117

$760,642

1449.

securities

certificates,

of

sum

9,625,844

1,479,917

320,419

$910,781

114,318

stock

com.

share

Federal

State

modified by supplemental agreements date May 16,
1930, that the said agreement having terminated

surrender

and/.or

207,448

Clarvan Corp., Milwaukee, Wis. — Debentures Offered
Heronymus & Co., Sheboygan, Wis., is offering $65,000
6% debentures at par and int. Bonds are dated April
1,
1949. Due serially to April 1, 1959.

Since

Other

Total

Holdings

1,

its

Commercial

into

159,042

$177,153
45,320

and/or

Feb.

said

Upon

591,323

income..

oper.

66,008

$140,268

I

46,001

Group), issued under Agreement and Declaration

1929, as

cash

panied

1946

$3,392,411

"

25,

the

at

9,250,211
2,669,514

railwayrailway

169,

1947

1—

from

from

1948

$3,235,401
1,048,640

income-.

1929,

pro

Cincinnati New Orleans & Texas Pacific Ry.-

in

233,665

191,239
88,732

31,242,655

March

339,568,779 331,738,658

'"

Net

Oil

all

of

U.

is

Combined

to

Treasury
applied .in payment thereof.—V. 169, p. 1776.

sin

467,720

300,754

146J544

—

p.

Pa.,

receipts

Standard

pursuant

$67,704,197 at March 31, 1949,
1948.
tAfter provision of $200,000 for
flncluding accounts with wholly-owned

1949.

87,104

End. March 31-

for

Net

Fidelity-Philadelphia

into

551,068,774

depreciation
Dec.

accounts

1949

—V.

678,036

292,594

Combined Trust Shares (Phila.)—Filial distribution—
The

31,242,655

J._

reserve

doubtful

ry.

703,883

income—

Philadelphia,

21,755,660

business.-

224,582

$1,021,760

5,114

52,404

11,533,787
21,755,660

share)-

the

subsidiaries—$1,052,547 at March 31, 1949.

Net

15,183

102,819

25,612,102

:

in

use

—

From

61,142

30,049

489,247

23,545,614

capital

181,050

$1,231,201

_

exp.

Federal

58,351

railway

915,009

_____

.Total

Net

1946

96,267

railway—

118,608,526

exps

(par value $2.50 per

retained for

36,088

Connecticut Railway & Lighting Co.- -Earnings—

Prov.

$105,204

54,062
26,771

10,266,875

other

$797,177

$206,276

$140,859

on

per

169, p.

Oper.

$154,846

21,269

665,601

:

Gross

51,941

railway—

124,033,591

.

income

on

paid-in

Net earnings

rolls

pay

subsidiaries

JFeaeral

Gross

$227,079

378,343

$1,050,150

$170,188

240,114

,

1947

$242,784

432,498

,

5,342

income

Period

99,665

*Deficit.—V. 169,

between

payable

in

*28,139

income—

oper.

interim

Accounts

and

173,564

Wyoming Ry.—Earnings—

railway
income

from
ry.

585.871

149,673,054

551,068,774

Accounts

,

229;862

railway—__

from

Net

2,358,685

655,686

LIABILITIES—

'

770,864

110,578

1948

480,302

$227,963

_

for int., etc.

deductions

Dividends

1777.

p.

From Jan. 1—

Gross

1,424,086

150,157,510

equipment

99,451:

$222,621

CONSOLIDATED

Total

;

169,

oper.

Net

>ost)

i*

493,037

*18,015

218,282

-V.

1949

from

Net

wholly-owned foreign subsidEngland
and
Belgium—at

plant and

,

107,966

——

(Canada,

•Property,

"

*108,141

2,628,005

railway

from

36,193,206

Sundry invests, and misc. accts

i

67,219

2,899,165
597,101

March—

Gross

102,958,081

taxes and other expenses—
.Investments .in and advances to partially-owned

,'iaries

)31,952

r

taxes

income

Net

Columbus & Greenville Ry.—Earnings-

$

163,051,478

Inventories

Investmentsin

103,295

3,397,528

income—

oper.

76,887,895

Prepaid insurance,

(at

ry.

99,334,259
i

;

—:

—

after

Net

.•

receivable

domestic subsidiaries

taxes

Total

1946

•Deficit.—V. 169, p. 1449.

receivable--.

accounts

Other

taxes

$845,576

$1,001,975

3,113,939

railway.—

from

28,970,889

interest)

accounts

1947

.

308,719

railway

from

31,'49 Dec. 31,'48
$

tOther

471,870

inc.

subsidiaries)

121,764,793

—

tTrade

542,714

State

&

Bal. avail,

312,120
152,277

1949

BALANCE SHEET

Mar.

marketable

1948

income—

oper.

Net

wholly-owned U. S.

Cash

Short-term

506,553

134,933

Fed.

From Jan. 1—

Gross

expenses.

ASSETS—

.

from
ry.

Net

CONSOLIDATED

"v

585,496

Ry.—Earnings—
$1,160,057

railway—

from

Net

*829,929
1,387,426
3,263,349

'

"

129,274

Earned

Colorado &

*829,929

18,707,950

j,

146,571

572,378

$0.51

$0.35

$1,219,189

railway

oper.

Net

"'•Loss.

Southern

March—

Net earnings
^Depreciation

3,515,705

3,916,731

_

Operating

for¬

subsidiaries—

Dividends

$366,393

^

„

14,116,466

$6,149,954

959,305

901,097
120,487

Net

railway

from

Net

402,143

-

13,731,582

from

Mar. 28, '48

$255,013

(est.)_

1949

from

Net

subsidiaries
Divs.

taxes

share.—,

from

Gross

—.—

;

$7,099,968

Depreciation

>.

From Jan. 1—

7,150,000

—.—

:

1949—12 Mos.—1948

$1,555,431

178.745

1111.

railway
Net ry. oper. Income

for

before

earns,

provision. for

common

p.

*Deficit.—V.

Net

™v

Mar. 31, '49

March—

Net

••

>«

after

per

169,

Gross

acct._

1949—3 Mos.—1948

$1,747,162

revenues

12,074,441

expenses
inc.

to

income

Colorado &

taxes

reserve

restored

Net

prior

years' income and
•

18,035,740

End. March 31—

oper.

Other

22,147,803

13,731,582

recovery

(& Subs.)—Earnings—

3 Months Ended—

&

———

Portion

Clopay Corp.

124,570

—V.

Balance
Est.

Period

Total

Maintenance

income

on

income—

1559.

140,900,358
•

selling,

interest-—

taxes

railway

oper.

169, p.

Community Public Service Co.—Earnings—

Operation

317,0*1,078

317,192,095 141,024,928
356,385,290 295,124,009 267,590,196 136,875,059

advertis.

and

,-exp.

from
ry.

—V.

401,739,675 336,826,215

-

engrg.,

Fed.

1946

k

306,423

494,128

sales-

Admin.,

Cost

1947

$

401,-.«,547 336,^9,789
income__

misc.

Total income-

r

subsidiaries)

lod8

$

Net
Net

(Corporation and all wholly-owned U. S.
3 Mos. End. Mar. 31—

i

railway—.

$50,000,000

April

1,

Paying Agent—

Bank

Farmers

York

New

paying

principal

1999.

For

Trust

New York,
and
registrar

agent

amount

offering,

Total

Co.,

of

see

3%

V.

sinking

169, p.

Y.,

N.
for

fund

an

been

has

issue

of

due

debentures

97,564

income

Net

$1,860,081

422,336

per, common
p.

377,488

314,741

$1,692,871

Earnings
169,

82,419

$1,683,028

deductions

$1,310,540

$1,545,340

$1.12

income

—V.

1880.

95,043

$2,115,207

income

$0.94

$1.14

share

1665.

sists of:
(a)

$100,000

of

5%

(b)

20,000

of

common

19,787
or

to

shares;
issue

granted

as

subscribed
bonus

a

agreed

number
of

$3

for,

to

to

per

modify
of

share

for

$3).

shares;

officers

the

Commonwealth Investment

stock Xpar

$100).

Issued

outstanding,

and

reserved

for

future

sale

employees, 7,211 shares; option
preferred stock, Heronymus & Co.,

or

the

of

services

to

rendered

be

by

the present program

in

shares

of

preferred
(par

2,200

consideration

In

Heronymus & Co.,
has

stock

to the underwriters of

shares.

9,372

cumulative

the

of financing, the company
option for its purchase of the
stock to provide
for the option price

Under

board

of

common

periods

directors

maturing

annually

redeemed

in

These

ten

debentures

in

ten

years.
are

total

registration

of

28,

1948

(par

$1)

has

ranging

from

authorized

13

to

periods,
The

so

initial

subordinated

to




$100,000

19
of

months

6%

that the entire issue will be
offering is limited to $65,000.
current

bank

loans.

holders

of

Commonwealth &
The
of

weekly

this

territory

kilowatt

corporation
served

for

Southern

hour

output

adjusted
the

week

312.055,485

as

in 1948,

increase of 22,025,005

an

compared

to

with

Corp.—Weekly Output—

of

show

electric

general

ended" April

290,029,880
or

for

7.59%.-

energy

business

of

bills
p.

record

on

May

its

stock

16,

Div.

fourth partial liquidating distribution
stock
payable May 14
to stock¬

1949,

the

New

York

Curb

Exchange

has

>

will

1949.

a

common

7,

informed.

The

May

share

per

transactions

after

debentures,

$10

been

removed

existing

April 1, 1949.
The

the

(7616) which became effective Aug.
sold at market 303,902 shares of common stock
$1,902,428.
The unsold 156,858 shares were
from registration.—V. 169, p. 1332.
V
a

The directors have authorized
of

the company

for

Consolidated Liquidating Corp.—4th
Liquidating

Co., San Francisco—Stock

Subscriptions—

be

All

ex

certificates

prior

redeemable

quoted

to

May

May

18,

the

distribution

delivered

16,

1949,
1949, the

after

must

of

May

be

Exchange

$10

7

in

per

share

on

settlement

accompanied

by

announced.—V.

of

due
168.

2429.

subsidiaries

conditions

of

amounted

to

28,

1949,

the

corresponding, week
,

,

Consolidated Natural Gas Co.—To Purchase Additional
Stock of Subsidiaries—
The company

and

three of

its

subsidiaries

have

applied to

the

SEC

Volume

for

Number 4801

169

THE

order

an

authorizing additional common stock investments by the
the subsidiaries to finance their respective construction pro¬
to reimburse their treasuries for capital expenditures al-

parent in

Teady made.
Under

'

c

'

the

.

1

\

Consolidated would acquire, at their $100 par
shares of East Ohio Gas Co. (Cleveland); 1,500
common
shares of River Gas Co.
(Clarksburg, W. Va.); and 15,000
common shares of New York State Natural Gas Corp.
(Pittsburgh, Pa.).
The Commission has given interested persons until May 26 to request'
a
hearing on the proposals.—V. 168, p. 2429.
proposal,

value, 40,000

common

Gross

Net

ry.

$6,004,352
227>284
*57,219

is

20,103.343
3,260,011

21,966,436
4,024,768

18,642,196

16,569,523
2,358,143,

4m 470

i fiofi R7S

725 562

1 004 337

"With WW* £ products of
Eastman Corp., Jhe trends are

/I1,606,875
169, p. 1778.

1,725,562

1,004,337

Oross^roin * railway
Net

from

Npf

rv

railway———

i

inpnmp

onpr

Deficit.—V.

Gross

Oper. exps; -and

Int.

$1,627,121 $17,952,843 $17,944t704

deducts.

-

•

Gross

(net)

330,110

337,863

3,867,381

ry:

Gross
Net

income

Dividends
Balance

-V.

•

169,

$1,297,012 $14,085,462 $14,678,477
205,457
3,143,192
2,465,193

$1,495,797

stock

ind.

on

280,790
$1,215,006

—„

919,227

—

>

Offer Extended-

March—
Gross
Net

from

dealings on the

Net

ry.

York Curb Exchange at the close of business, May 14, 1949, and
Exchange has filed application with the Securities and Exchange
to remove the issue from listing.

Net

from,

Net

ry.

The
New
the

class

A

stock

common

will

be

suspended

from

Commission

The number of shares of common stock remaining outstanding and
purchased by the company under its purchase offer dated Jan. 27,
1949, has become so reduced as to make further dealings inadvisable,
according to the exchange. The company has extended to June 1 its
to

sale

purchase lor cancellation

to it at

$2.75

class A

share.—V. 169, p.

per

shares

common

tendered

_

stock (par
S5) was effected May 4, by Harriman Ripley & Co., Inc.,
Lazard Pre res & Co, and Auchincloss, Parker & Redpath
at $21 Va per share. Dealers discount 700.—V. 168, p. 2540.

Paul

the

Yates

almost

50

been

ftas

retirement

of

L.

years.

L.

fill

Secretary to
Potter who has

P.

Hill,

Secretary

left

vacancy

by

the

company

for

of

directors

for

board

the

to

the

served

'

i(j65

p

'

'

A.

low

sales

In

April

on

of

and

gas

and

1948

to

be

the first two

introduced
He

months

of

predicted

He

1949.

a

May, and aggressive sales and
that after a
thorough study

Lt«i

th

v

with

Crane

Ltd.

of

Great

Britain

on

special

a

assignment.—V.

169,

Curtiss-Wright

V. Shields Named

P.

Corp.

Chief

Executive Officer—
Paul V.

Shields

ag!'Chief

Officer

directors

of

stockholders

Guy W.
the

retired

held

the

to

from

corporation at an organizational
April 25.
This
action followed the

on

meeting

newly created office of Chairman

April

held

meeting

and

who

Chairmanship at
Presidency when Mr.

Selection

of

President

a

several

nomination

that

for

the

Curtiss-Wright

siderable expansion of
facturing organization,
able

is

the

to

company

production

The

company

director,

a

W.

C.

vacated

manufacturing operations
expected .to

the

activities

as

a

carry

part

as

directors

announced

be

the

election

poration

aviation.

Merrill,

Mr.

to

corporation's

Vaughan.

of

Shields

foreshadowed

was

directors

take

executive

Shields

Mr.

aircraft

con¬

manu¬

earnings and en¬
share of development

Chief

as

in

of

entered

the

partner

a

he

ssmtl
295,276

45,703

from

railway

2,623,241

4,697,803

—V

3,680,843

1,776,066

1,796,086

1»207'605

riC9°Pp " 1450mC

4,163,642

2,272,682

from

965,331

967,185

railway

t-we

Detroit

C)lA.„

Toledo

&

Shore

March—

Gross

from

Net

ry.

Line

RR.—Earnings—
1947

1946

$612,895

$416,130

303,i69

313,a55
93,412

351,811

165,755

111 029

141,696

42,090

1,796,314

1,891,187

1,704,016

1,146,605

947,195

1,011,599

966,533

364,988

from

from

Net

rv.

—V.

railway——
railway
income

oper.

323,098

169, p.

4

359,576;

1450.

the

1920.

,

,,

_

is announced

,

for-onG

basis

V

that this
154

#

d

v*

e

T

TV

c4-

£

has split up its shares

business

with

retired

from

He

Dividend

Chronicle,

in

with

utilities

when

1922

he

organized

important

an

financing. —V.

169,

part

of

Shields
the

&

major

Co., which has been
industrial and public

Bullock

—

For

Savings Plan

details

V. 169,

May 5, page 1946.

:
Doeskin Products, Inc.—New Name—

1777.

p.

San-NaD-Pak
san wap rax

Mie
Mig.

Co
oo.,

*Inc
inc.

below
oeiow.

"

Dallas Power & Light
Period End. Feb. 28—

940,688

1949—12 Mos.—1948

$1,043,866 813,946,116 $12,547,219
792,813
10,629,779
9,363,072

March—
Gross

oper.

Other

$212,990

$251,053

$3,316,337

70

32,970

$219,334

$251,123

$3,349,307

$3,184,435

69,975

53,208

772,923

Net

from
ry.

railway

$910,483

railway

*900,575

income—

oper.

288

of

*1,032,571
Aon

1

income

Interest

Net

other

and

ductions

•

de¬

income

Transf.

to

$149,359

surplus

Ur43,595

res.—

$191,915
37,484

$2,576,384

$2,536,610
758,805

497,312

carried

earned

to

corp.

4'fiSRiiR *3*^0898

frnm

$192,954
4 V2 '■'<

$154,431

$2,079,072

stock

pfd.

$1,767,805

334,935

334,935

$1,744,137

$1,432,870

169.

1778.

p.

Year

Ended

Jan.

Duluth

1949

Net

;

profit after

Number
Earned
—V.

of

charges and

—_

taxes

South

s

350,532

280,641

273,519

$1.62

$1.28

from
ry.

(Includes

(& Subs.)—Earnings—

income of The Hudson Coal

Quarters Ended March 31—
Gross

Net
U.

—

revenues

S.

income

Unemployment
Other

taxes

Fixed

Net

—V.

and

1947

307,713

$5,195,655
865,948

-

.

940.000

18,797

23,112

736,485

698,496

553,156
636,097

568,296
651,927

520,017

:__/__

depletion charges-

735,012

895,915

675,496
920,138

$65,142

$1,458,287

$1,497,642

:

601.

p.

March—

Gross
Net

Net

ry.

railway—„

,

oper.

1948

„

1947

1946

$5,091,883

$4,915,211

$3,904,803

775,809

1,174,422

66,900

346,838

573,917

1,574,637
817,611

income—

56,337

From Jan. 1—

Gross
Net
—V.
Net

from

from

railway

iailway_

ry.

14,282,576

12,997,307

2,003,452

2,966,192

3,145,740

860,796

1,432,703

1,505,215

169, p. 1450.
oper. income—




$543,828

$443,143

$5,649,551

$4,211,455

34,479

34,479

413.750

i 347;78i

$309,349

$408,664

require.

surplus

$5,235,801
$3,863,673
$9,205,909' ! $7,201,106
14,855,521
11,412,561

_______

stock

stock

-467,176

263,822

dividends

166,534

413,750,

347.781

1,268,490

1,692,276

$12,909,457

$9,205,969

dividends

10,953,015
*

1,495,983

&

,fr.pany's Groton'Conn-submar,ne plant'"wa"announced
28.
-//

April

on

school

1947

1946

$457,233
74,480

62,733

24,027

*40,109

1,486,097
238,028

1,206,731
134,803

1,005,495

*174,483

91,369

19,569

Net

from
ry.

from

Net

from

Net

income--

ry.

1948

1,304,400

912,200

756,700

441,643

245,319

139,887

*54,887

145,830

62,623

1948

Commenting

sales

on

said:-

.

—__

$435,395,626

were

the. sales

report,

194J -v.1945

$95,500,000 $92,000,009

and net earnings

Thomas

J.

Hargrave,

$55,494,425.

the

President,

"While

we
held our own. in total sales during the first quarter of
fairly strong downward trends appeared in our business as the
In the past month, this general downward move- '
has continued.
These current trends are complicated, however,

quarter progressed.

had

1

reappearance

little

"Our

"In

experience

sales

well,
the

picture

of

seasonal

since

is

June

1

sub¬
from

this company will make an
T

amounted to
81.239 000 kwh.,
an
increase of
26.8%- over the corresponding week of last year.

ry.

>

S3,4574534

$4.217387
1,825,569
774,295

railway—
income—

1,403,462
598,126

$2,46M21
19.9,484
*32,805

9,503,075

1,322,326
506,313

5,542,525

i

ratlway

railway

income

oper.
V

*r»pfirit

sa!6s

before

spotty.'

the

influences

with

which

we

have

169

'

n

'

t

10,788,198

12,182,735
5,093,641
2,164,712

3,759,369

1,353,007.

1451

y*

3,607,320
_

413^412

1,394,128

*350,761

\

'

stock

lines

:r

V,1

$10), of which 4,000 will be
sold
on
behalf of company.
The offering price is $10 per share.
Underwriter, F. H. Crawford Co., Emlenton, Pa. Company's proceeds
will be used for development, manufacture and distribution of a.,leakproof pump.
' *
> ,
shares of common

10,000

(par

Erip

...

i

Firninec;

RR

'

®

March—
104,1
1"49
1°47
1946 .
Gross from railway
$12,854,983 $15,011,393 $12,820,204 $10,608,103
Net from railway———
2,558,562
4,077,170
2,813,254
1,845,448
Net ry. oper. income—
1,080,043
1,762,888
1,061,840
673,179
From Jan. 1—
' \
.

Gross

from

Net

from

Net

ry.

railway

railway——-

oper.

-d;j„

37,790,361
7'4^1.068

income—
TTnninmonf

3,061,469
Tecno

,

,42,332,538
10 014,057
4,011,538

35,723,833
7,154,713

2,532,298

29,668^012
,3,773,512
76,137

',>■

151(18 on ^qUipmenL issue

war.

Some

'

Eastern Ry.—Earnings—

railway--

froP['

Net

or

Joliet &

oper.

from

1949, the System input of subsidiaries

1881.

Frcrn Jar

Gross

28,

/;'//"

first

includes the sales of Distillation Products, Inc., the company's
acquired in July, 1948, whose sales were not included in
quarter.

ment

ry.

for

quarter of 1949, we have been able to do just a little
better
than
'hold "our own'
in
comparison with the corresponding
quarter of 1948, the company's best year.
The figure for 1949, how-

1940,

from

Net

April

v

"In

Navy's

the

retire

The company on April 25 filed a letter of notification with the SEC

Co.^-Quarterly Sales Higher—

_______—___—__—;

net

will

Emlen Corp., Emlenton, Pa.—Files With SEC—

^

—_—

Total

kwh.,

*30,503

169, p. 1450.

Quarters Ended March 31—
Sales

Net

$242,600
3,096
*62,454

122,157

Eastman Kodak
w,

1946

$335,100
105,879
40,843

912,000

income

v.

1947

$477,900
178,700
73,798

ended

corporation

169, p.

Net

railway

oper.

this

17,194,000
—V.

on"u7m

'

railway

*Deficit.

He

,

week

Elgin

$317,300
34,681
*34,023

:_

railway

oper.

81,936

Ry.—Earnings—

1949

railway

Conn.

*15,951

Winnipeg & Pacific

from

London,

Electric Power & Light Corp.—Weekly Input—
Por

1665.

p.

presently officer in charge of

is

New

extensive trip to the west ccast.-V. 169. p. 1560.

$382,957
3,916
of

169,

at

active Naval service and before joining

Atlantic Ry.—Earnings—
1P48

March—
Gross

quite
839,721

Klnkring, USN, will join this company July 20
Assistant to O. P. .Robinson, Vice-President, and General Manager

»'

$544,789
112,315

income

oper.

Duluth

by the
12,696,882

ry.

1,311,693

Electric Boat Co.—New Official—

as

the 1948 first

$4,181,073

railway

1,553,818

2,840,281

Captain Thomas B.

*2 662 846

subsidiary

Corp.—Earnings—

1949

,

from

from

108,729

255,607

Balance surplus at end of period

-SS ."ovse

-9 698472

1,281 531
*53,515

railway
railway

Deficit.—v.

ever,

Delaware & Hudson RR.

n'HSo

~»V* 169> p" 1881-

nn

*71,052

from

from

$5,274,901

17,307

.

income

169,

1948

505,903

old-age

—_

Depreciation

subsidiaries)

taxes—

and

charges

___-

taxes__;

its

Mi

From Jan. 1—

Net

Gross

$21,030,624 $26,756,817 $24,498,141
18,260,294
21,561,162
19,223,240
$2,S20,330

income taxes—

Canadian

and

1949

revenues

Expenses

Co.

fivo

$430,527
*23,806

income—

From Jan. 1—

Delaware & Hudson Co.

___

r—

$213,331
*995.935
*1,050,120

1949

oper.

Net

1430.

Shore

railway
railway

$7,079,000

455,217

share

per

169, p.

1948

$7,738,000

shares

common

127,152

$5,990,325

175,331

deductions-—

Captain Klakring

from

Net

*

31—

76,3 1

surplus

Preferred

169, p. 1450.

March-

Net

Dejay Stores, Inc.—Earnings—
Sales

8,057

$807,481 $10,043.6 1

Net direct charges

marine

Gross

—V.

Iwm

M

Deficit.—V.

Net

surplus

7in

SSp ? 'Sii::: SS

Gross

Bal.

$5,863,173

$971,357

income

Net

1946

1947

$298,625
*921,006
*1,004,083

"X19

-7-7n

Net
*

(net)

$9,967,300

.„/ */_
'

14,576

ffd. stock div.

Total

^

;

$359,773
*1,134,124
*1,262,960

Aon

NPt

Gross

9,028

$799,423

.

Balance surplus at beginning of period

;
-

647,825

income

l,lcl

-rFed^-lfi^me taxes—252,197

$3,184,147

6,344

revenues

2,113

$956,780

—

Balance

'

1948

1949

from

Net
Net

435

Duluth Missabc & Iron Range Ry.—Earnings—

Co.—Earnings—

1949—Month—1948

$1,153,678

952,501

—

Common

Operating revenues
Oper. exps. and taxes—

60,135

oi_

f5 develop, costs

601.

p.

••

83,821

^

reyenues---

Of-

issue

see

697,277

1,400,7.73
' '
508.885

,

.../-•

•

See
see

3,381,933

^XotT&T inc.

,

thai;, firm
identified

246,630

Deprec.
Taxes,

two^;r---Aross 'income

a

1052 '

Shares, Inc.—Systematic

Calvin

by

325,805

4,526,372
DrZZ4,847

1,235,595

•

on

;

fered

92,085

"' ~ Othlsr/fhcome /

1

la.—Split-Up of Stock—

company

cor¬

retirement of Mr.
active interest in

an

^

Dexter Co., Fairfield,

542,268
9,106,241
Cr100,903 Crl,308,789

113,074

' Glance

^

It

955,6io
Cr71,820

HMainteiia»^^Kli&i.v--^.

<amoE^.> & depl. v
otTifer^tHan Fed/
"/. income
T
"""

•

143,99yrs

^

'SSTi^

1949—Month—1948
1949—12 Mos.—1948
$2,363,708
$1,641,754 $23,341,964 $12,170,665

—

—

519,821

income

plpe-

CONSOLIDATED INCOME STATEMENT

Netjfestdtmls-

1948

From Jan. 1

Gross

(^OMP^RATIVE

operation

$632,805

railway

oper.

SThm

397,14^, ?.^,

$591,591

railway

•

President told stockholders at the annual meeting: that

•-Ferictj Eftded.Feb.—
-rpOiH(rating.A.;reven,ues r__

UI,

Wll|bG

Colorado River.
It also will build a 26-inch line, 102 miles
long, frbm the terminus near Blythe to a point 17 miles east of
Topock <jon the Colorado south of Needles. The line is to pipe 150,000,.000 ;cubic feet of gas a day.

892,947/

1949

from

Net

T

<

Privatelyr^TllS

tlie

w

From January 1—
Net

^
f

Milwaukee.

of

Keyser,

^

SS-IS

332,975

was

banking

in

the

of

invited by
reorganization of the

the

management following
has
long maintained

Following the war he
Lynch & Co., becoming

Officer

when

in

the

program to expand
commercial aviation.

Executive

December,
part

$1,2^569

$1,402,023

stabilizing

government's

active

an

involve

to

pioneer

substantial

more

a

of

the

of

means

known

are

of

military air forces and the advancement

the

S&S1
309,o06

Net

shortly.
Pfans

and

the

divisions

as

Jordan, who
that office in
Curtiss-Wright Corp. and

time.

Vaughan

coordinate

to

Curtiss-Wright

from the

retirement

declined

the

the

$1,469 276

ift the
'

.

in addition to the sale of the $24,000,000 3 %% iirst-mortgage
line bonds company had sold a $9,000,000 bank loan.

1Q.R

20.

December, resigned as President of both
Wright Aeronautical Corp. at the meeting.
the

v

1Q.Q

railway—

this

of

Vaughan, who announced his

annual

assumed

of

u

from

Gross

elected

was

Executive

meeting
annual

at

w

RR.—Earnings—

22 rf™°;nralrT^-Net ry. opex. income—

13.32.

p.

Co.

surance

Paul

Gross

^

The bonds were sold privately to Equitable Life Assurance Society,
of the United States, Metropolitan Life Insurance Co., Mutual Xlfe
Insurance Co., of New York, Massachusetts Mutual Life Insurance Co.,
gun LifeJ Assurance Co- of Canada and Northwestern Mutual Life In-

cn,|„;tnj

f

Toledo & Ironton

•

over»the

less farm and food)

PIP® line bonds, 3/4% series due 1964. Proceeds
used to finance construction of pipe lines.

Mr.

Detroit

■•^1

increase

average

company has Sold privately $24,000 000 first mortgage

«

v.

an

E| Paso Natural Gas Co.-r-Sells Bonds

the past

year, has been elected an Assistant Secretary of the company.
Yates, who has been with the firm since 1936, became Assistant
Comptroller in 1942 and was made General Manager of the Chat¬
tanooga plant the following year. For the past year, he has been

This compares to

.

marketing

le

1939.

(all commodities

general prices

satisfactory

of

above August,

same period of about 88 to and to an increase 01 about 75 /c
Pr.ce of Kodaks purchases. V. 169, p. 1224.

wi?h SS fits
^ pm.Tnmon,
automotive and faim equipment companies, he said.—
ioy, p. 17/8.
ri

More

the, New

which

'

about 21'/

believed
reached

26 announced that he
electric ranges had been

reported

nLin!«

quarters

occupy.

(4) Prices of all Kodak products at the end of the quarter averaged

.

SfcSSff22i£SgS<
merchandising

in

to

adequate.

.

passed, with sales on the upgrade again following the period of
readjustment that characterized operations during the last quarter
of

spent lor; enlarged

being

about

Its cashl P°sition. at the end ■ of 1949 is expected to be> reasonably
_

_

President,

Fry,

point

is

is

Park, the sensitized goods plant.
The rema.nder w;ll go to other
projects. This program will, of course, be reviewed during the year
in the light of prevailing conditions.
(3) The company has no present plans for doing any financing.

•

.

Branch

(2j Approximately $40,000,000 has been budgeted for 1949 to provide
and improved production, laboratory, and other facilities.
About
$26,000,000 of this is allocated for Rochester, N. Y., mostly at Kodak

384,005/><;284,625
168,162
55,114
97,230
20,472

t

217,289
130,175

$500,000

new

vp^ito1HnoSn^l,.CcrPetitlVe f&Ct°rS the nW UneS W°Uld ^ W

Secretary, Etc.—

elected

Harry

29,024

and

activities.

Crane Co., Chicago, 111.—New

169
.

John

common

v

899,881
8,927
*5,288

$129,314
56,183

Detroit-Michigan Stove Co.—Outlook Promising—

1111.

distribution; of 30,500 shares of

income.—

oper.

than

York

_

1946

1947

;S02,I91?-

431,895
130,955
81,327,

•
_

Hargrave listed other major .points:
'
^
The company will introduce several new products during the
six months.
It- is anticipated that approx.mately $1,000,000- will

next

■

•"

ra'lway

railway

,

the

ary

from

^Deficit

for

Corning Glass Works—Secondary Offering—A second¬

:

?•'

From January 1—

Gross

not

offer

40,242
24,411,

-

income—

v

■

„

$175,399
72,79C6
44,294

$151,551

railway

railway

oper.

,

£ spent on a. new photographic distribution branch ln Dallas

®

1948

1949

from

r. v

-

Mr;

(i)
•

ago.

year

a

.

Ry.—Earnings—
.

Cooper Distributing Co.—Purchase
Stock to Be Removed from Listing—

13,920,696
2,322,212
1,291,735

•

Detroit & Mackinac

.

as

believe that the trend of general economic cond.t.ons will be-the
determining factor in what happens to Kodak business during the
rest of 1949."
"
Production, rates In Kodak plants have generally followed the sales
trends.
"Some cutbacks in production schedules have been necessary
in certain manufacturing departments," he said.
....
.
/.i, /

*263,351

13,204,859
2,706,736
1,716,382

railway
* 17,252,972
15,312,214
Net from railway——C_
4,498,765 .-4,326,624
Net ry. oper. income-—
2,383,257'
2,835,836
*Deficit.—V. 169, p. 1778.

as

Kodak's sales are falling away from the peaks of
has .) happened in; other - bus.nesses in recent months.'
We

general,

1948,

-

' *61,211

1,076,946
729,153

u

this company s

for

the same

about

•

1

from

$1,091,554 $10,942,270 $11,613,284

1449.

p,

1,718,764

demand

"In

1946

$4,656,103^ $4,363,345

$4,939,011
1;058,816
705,181

$6,042,791

income

1947

company Tennessee
m«ed. Ti6txe lsn af

our

chemical products. But its textile
«roducts> particutftrly staple-liber, -are oft anally in comparison
with 1948, as is the rest of the textile industry.
Plasties sales 'are

•

1948

"a,blL!°0<!.f—0/
than last year.

lower

down.

good

Western RR.—Earnings—

1949

railway

oper.

•From Jan.

3,866,227.

:

■

"railway

from

from

Net

Rio Grande

&

**•••.

March—•
Net

_

other

and

$7,517,832 $87,932,754 $81,6d3,555
5,890,711
69,979,911
63,658,851

$1,833,660

taxes

income

Gross

'

.

Denver

1949—12 Mos.—1948

1949—Month—1948

$7,976;373
6,142,714

revenue

3,706,387

..

.

Consumers Power Co.—Earnings—
Period End. Mar. 31—

SSFiJSi *
such sales are

But

year.

hand,

other

$6,754,062
1,507,597
830,217

income—

oper.

the

of

the company's sales of Cue-Kodak color film,
x_ray and black-and-white sheet film are above
1948.
Demand for
photographic papers and professional motion picture negative Stock
^e

Qn

$7,787,117
1,623,173
658,288

railway—
railway-

from

Net

«jg* season
this

.

1946

1947

1948

1949

$6,858,855
1,017,654
421,714

Irom

5

(1989)

CHRONICLE

Delaware Lackawanna & Western RE.—Earnings—
March—

and

grams

FINANCIAL

&

COMMERCIAL

have

been\holding

up

some are very sb'ft, others are in between.
photographic field, for example, dealers report that current/

receive bids up to May 17 for the purchase of
$3,450,000 equipment trust certificates, due $345,000 annually May 15,
1950-1959.—V. 169, p. 1451.
The

company

will

THE

(1990)

G

'

lion's

Corp.

Vice-President,

1
,
the stockholders passed
'

.

said

■ ;

'

'

j_" "

/"•/■/

Liquidating

a

on

sale

The
share.

May

is

in

were

common

Stock Exchange
V. 169, p. 1779.

Bonds

ject

added assets of approximately

of common stock

292 600 shares

30

tion
tion
As

Federated borrowed

reported,

previously

needed

not

was

ties

alone

securities

ment

(3,500

retail

"Net

■_

-

of

goods sold and expenses
Maintenance
and repairs

amortization---

and

Depreciation
Rentals

—

Interest and debt expense

date

Other

PRESENT

shares

Federal

55,222

£>r48,853

taxes

5 %

the

its outstanding 5%

3,500

1.500

GM

7,625,000

Net profit

—

of

net

profit

accrued

The

shares

75%

shares

its

being

to

of

with

stock

the

made

will

be

with

10,728,241
334,039

and

12,298,012

475,886

439,244"

utilized

redeem

in

the

accrued

on

the

10,206

io;eio

822,055

737,227

Exchange

Curb

May

on

4

approved for listing

5.000

shares, par 50

in

interest

class

the

General Portland Cement Co.—Earnings—

interest,

the

Cost

com¬

on

SEC)

will

sold

Net

be

to

Number

—V.

by the

and

bank

current

the.

will

approximately
which

loans

aggregate

and 5%

of

amount

$98,000;

$0.80

additional

an

Ry.)

Northern

Statesboro

(Incl.

1949—3 Mos.—1948

1949—Month—1948

oper.

revenue..

$255,200

$224,780

$709,317

$658,112

oper;

expenses

i46,180

211,902

750,123

606,886

$9,020

$12,378

*$40,806

$51,226

6,638

6,472

19.914

19,416

9,181

7,137

26,593

20,644

10,771

Net

from

rev.

railway

operations

Railway tax accruals:
Ad

in'.

made

April 29.
kwh./ or
169, p. 1882.

Railway

$190,000

were

Corp.—Weekly Output—

113.071,075

to

Railway

•

Railroad

Act

1

and

valorem

Fed.

misc.

Taxing

1937

Fed.

Railroad

Unem¬

ployment Insurance
'■"/ Act of 1938——2—

sinking fund debentures, due Sept. 1, 1950..

principal

1,016,705

of this corporation for the week ended
kwh., an increase of 894,934

output

Period End. Mar. 31—

be

from

company

electric

amounted

.%'"•/•%"

under¬

of

purpose

1.016,705

—-

p.-1451.

0.8%, over the corresponding week of last year.—V.

debentures and shares of-pre¬
The proceeds wiil be added

bonds,

company

500,000

$819,300

$1.13

-

General Public Utilities
The
1949

$321,020.

the

702,000

$1,142,500

—

A'--

1

—

-—-

taxes./.

_

share-—-"

per

169,

——

shares

of

Earned

the-

the

cbmpany,

the

received

income

earnings

1948

$4,001,500
2,682,200

$4,912,600
3,058,100

,

expenses..—-.

Georgia & Florida RR.—Earnings—

to

purchase

be

to.

received 'from

by

—

and

Federal

holders of 75%or before June 2,

commitment

provided

sales

Net

-

1949

Ended—

Three Months

providing funds with which to call
March 1. 1949, all of the company's outstanding 414%
bonds, due Sept. 1, 1951; in the aggregate .principal

of $100,000,

amount

at

of

retire

to

for

first/mortgage

to

cos._

2,582

190,210

the

by

stock

stock

new

funds

mortgage

funds

1949,

2,809

Plywood Corp.—Listing—Acquisition—

York

New

minority

not

the

firm

a

proceeds

estimated

are

general

2,324
24,220

cents each, issuable in exchange for
B stock of Veneer Products, Inc.,
presently owned by General Plywood Corp.—V. 169, p. 1225.

the

the company'to such exchang-'
is completed.
This offer is':,

accepted

of

more

other

net

first

the

1,310
11,493

524

6,031

.

169, p. 1779.

The

cumulative preferred stock
new 7%
cumulative pre¬

of

preferred

5%

or

registered

have

who

together

sale

2 27,640

251,363

—

additional common

exchange

purchase price of such

•PURPOSE—The
the

•

.

'

Total

order
inter¬

33,565

17,069

28,346

304

5.594

_—

General

numerical

inverse

..

8,923-..

Canada—

of

—V.

5,778:,:./
7,571

7,614

——

Coach—

Trucks

int.

used/to call and redeem all shares of the presently outstanding-'5%
preferred stock which have not- been deposited for exchange.
'
'

8,829,506

15,256,067

———-

applicable

minority interests in subsid.

-1
&

Passenger

basis
of one share
of such new
of such presently outstanding; stock/

the

upon

of

additional

writers,

21,127.518

10,130.000

^

Truck

GMC

the

share

outstanding

holders

January,

Portion

93,762

—

PREFERRED STOCKHOLDERS—The

time

however,

of

the

ferred

income

on

126,842

of such principal amount.

outstanding ),

underwriters

1,419,394

18.353,241

.

21,220

annually 1950-1959, sub¬
the company in whole

principal amount thereof and

of $4 in cash

sum

more

same.

19.708,124"

25,386,067

(neti

income

Total

35,518

outstanding 5% preferred"
stock accept the offer of exchange and deposit their shares, on or'before June 2, 1949, such number of shares of the offering of
3-,500/
shares of new 7%
preferred stock not requ/red for exchange
(plus

Feb. 1", '47

18,402,094

25,330,845

66,590

Cadillac

.

Balance

86,505

of
in

ZL

16,046

subject to call and redemption at the option of.
whole or in part on ;»any- interest payment date on

to be paid by

If

$
$
$
346.526,318 304,720,671 265,412,038
310,150,356 277,135,858 238,862,811
4.351,122
4,141,195
2.669,353
2,382,375 1 1,567,738
1,228,062
3,355,924
2,756,875
2,365,559
955,696
686,911
578,129

sales of leased

lincl.

sales

departments!

Offered

88,897

24,986

1949.:%/-; /i,::/:////

Jan. 31, '48

-

are

stockholder, at .the

or

52 Weeks Ended—

Cost

TO

conditioned,

'

Jan. 29, '49

payment

on

ing

ACCOUNT

LOSS

AND

PROFIT

notice.at the
premium of 2'/<

a

option

plus the

This money-

day-to-day operations

CONSOLIDATED

.interest

any

on

and mature
the

at

stock-(par $1001
preferred stock for each

the year-end.

at

Securities

—

1, 1949,

ferred

of the business, and it
original purpose. Cash and govern¬
equalled 95% of Federated's total current liabili¬

the

for

:

Trucks

Co.

pany offered to holders of

during the
provide funds

being held available for its

still

is

77,345'

redemption

debentures

OFFER

$15,000,000

from an insurance company on a long-term note to
for expansion when desirable opportunities are available.

303,891-

307,813

the company in
30 days'1 notice at the principal amount thereof and
plus a premium of 2!/a% of such principal amount.

$15,000,-

to liabilities of

year

590,554

' 270,684

Refining

and

days'

plus

The

approximately $7,000,000 assumed in connec¬
with its purchase.
The remaining $8,000,000 constituted an addi¬
to the Federated common stockholders' investment.

Ooo'subject

call

part

est,

Store as of Nov. 1, 1948 foi

acquisition of the Milwaukee Boston

The

627,085

224,919

•

131,973

447

199

Buick

2,754.444'

2,834,765

274,142

89,561

Oldsmcbile _2——.

22.529,952

income

dated March

are

to
in

or

Report—

Department Stores, Inc.—Annual

Federated

3,32/545

37.004

20,503

■

Trucks

Vs'I"':

■

101.036 and int. and the debentures at 1C0 and

on
1

3,280,247

railway—__

oper.

••.'■/;

.

.

*131,772

Peters,
Writer & Christensen, Inc., and Sidlo, Simonds, Roberts
& Co., Denver, on April 18 offered $600,000 5% first'
mortgage bonds, series of 1949, and $150,000 5x/2% deben¬
tures, due March 1, 1954. The bonds were offered at
.

dealings on the New York
stock of F. A. R. Liquidating Corp
1949,

G,

May

.

36,571

—l-,———

Coaches

1949.

4,

Effective

.

railway—

Frontier

the basis of 12 Farnsworth shares for one I. T. & T.
loan from I. T. & T. to Farnsworth became due

on

from

{

91,420

Trucks

72,951

98,455

„

Ponliac—Passenger

•Deficit.—V. 169, p. 1451,

*1,000,000

A

•144,013

1949—4 Mos.—1948

282,600
151,180

30,390

Chevrolet—Passenger

$837,625

186,949

45,172

DIVISIONS

GM

1949—Month—1943

/ Period End. April 30—

,

'

$950,071

'""2

BY

.

ig46

123,309

98,488

Monday, May 9, 1949

VEHICLES

MOTOR

OF

PRODUCTION

;

,

*

1947

$1,042,968

from

May 25 to vote*

will'meet again on
proposal to dissolve F. A. R. Liquidating Corp.

1948

."223,578

ry.

.

stockholders

Ry.—Earnings—

1949

$1,188,155

Net

Corp.

Farnsworth

'The

'

•

!

CHRONICLE

railway—

Net

■■:%/

,

FINANCIAL

railway——
Oper. Income—

ry,

Gross

2/2'//;2:-".r..-v-.V";. //22'22
(21 Transfer of Capehart-Farnsworth shares to I. T. & T. in exchange
for approximately 140,048 shares of I. T. & T.
1
'
(31 Change the name of the present Farnsworth Corp. to F. A. R.
firm.

worth

;;

from

From Jan. 1—■

•

assets and business of

it of properties,

to

assignment

Grossfrom
Net.

'i,

:

March—

Net

Capehart-Farnsworth Corp.,
the Farns¬

separate corporation,

Formation of a

(li

:

;

resolutions:

these

and

/

'

Farnsworth,

T.

Philo

and

assets

properties,

Telegraph

&

approved a plan for sale of the corpora-,
business to the International Telephone

stockholders on May 4

&

Fort Worth & Denver City

Corp.—Sale Voted-—

Farnsworth Television & Radio
The

COMMERCIAL

amount

approximately $260,000 will be' used to .retire bank loans made in
January and February,
1949, for the
purpose of
carrving seasonal/
Inventories
of
gasoline and other refined products.
Otherwise the
company has not allocated the net proceeds of thip financing to-specific"

3,724

2,201

*$7,564

*$4,455

*$89,519

$395

16,263

12,140

44,696

34,693

./ 765

.

■

..

of

Net

appl'cable to shares

profit

parent

company

of-

on

Dividends

on

common

stock

Earnings per

common

share

stock..

4preferred

10,394,202

2_,

11,858,763

543,861

546,603

3,828,069

3,036,310

$4.18

14,780,181
528,620
4,893,555

—

Dividends

$4.82

$5.84"

sideration

Jan. 23,'49

Due

Government

from

Other

customers—

Refundable

Federal

JSupp'ies and
Real

estate

•Property

taxes

prepaid

in

the

27,976,765

1,986,026

expansion
company

the

in

the

Gulch

at

drilling

building of an
Plant No. 2 at

two

of

wildcat

3,173,603
1,426,735

1,124,113

903,181

5%, fiiit

33,078,834
42,948,230
■
:: v'";v,;v7- 'V/,;*/-/
7,

leases

on

Net

at

an

remainder

of

Gross

of

5 Vz %

Authoriz'ed

debs, due March 1,

Purchase

of

,

tPurchase

Defense

1954

Plant

Surplus

of

94,798

../'/""""

LIABILITIES—
Notes

payable

one

and

long-term

debt

37,919

Salaries

and

Federal

lK)ng-term
Reserves

prior

:

debt,

due

after

7,638,903

subject to restrictions of the mortgage.

1.641..453

chase

one

29,953,831

12,920,462

1,496,454

326,159

407,761

year

of

taxes

interests

preferred

.in

subsidiaries

stock

—

of

2,315,361

2,539,219

_

■■■/•

•

No.

2.

new

L2

reserves

•Authorized

1,667,384

for

stock

Common

stock

and

(or)

such

5%

preferred

of

surplus

Earned

12,268,500

/

reserves

for

and $13,055,754

1949

and

depreciation

in 1948.

2,354,013

no

par

retired

the

15,081,983

dends

31,485,462

115,448,943

amortization

and

of

$14,795,908

in

tRepresented by 2,672,470 shares (par. $5)
shares in 1948—V. 169, p. 1666/.

any

Fifteen Park Row Corp., N. Y. City—Distribution—
first

of

receive

now

mortgage
thereon

20-year

the

third

gold

bonds,

(final)

due

May

distribution

of

funds

in

hands of the Irving Trust Co., trustee, One Wall Street, New
York,
Y., at the rate, of $4.75 for each $100 of principal amount of each
bond, if accompanied by its Nov. 1, 1942 coupon.—V. 159, p. 1146.
N.

relating

April 18 filed "a letter of notification with the SEC

for 8,489 shares of preferred and
11,867 shares of common.
be offeied at $12.50 per share without

to

be used for capital structure.—V.

(M. H )

to

1949—Month—1948

$793,209

i

—V.

169.

p

$604,738

Proceeds

will

share

$2,123,552

stockholders

Nine

Months

sales

Net

Utah,

Ended—

Federal

Mar.

State and

foreign

crude
retail

and

169, p.

the

Net

profit

Rained

1,028,676

—V.

$725,871

169,

p.

$1.24

J

1451.

of

Assets

creased

Net

from

Net

ry.

From

Gross

railway.

$3,411,000

from

1946

$2,948,328

1,148,483

974,621

796.990

878,645

535,000

567,896

444.703

495,951

l—

from

ry.

1947

$2,935,873

income—

Jan.

Net

1948

$3,367,269

railway——

oper.

Net

—V.

1949

from

railway
railway.

oper.

169, p.

income—

9,251,371
.-

9,441,767

8,874,586

8,223,916

2,748,163

2,715,663

2,706,958

2,974.595

1,456,751

1,529,560

1,480,175

1,718,-763

1560./




Net
Divs.

prior

income

$808,923 $11,367,654

$973,431

$9,656,423

357,670

324,009

4,016,094

9,965

9.717

110,723

116,607

203

9,233

Cr53,441

Cr24,123

$503,864

$7,515,725

$6,143,363

223,005

223,005

2,676,064

2.676,064

$402,516

debt.

3,653,796

$280,859

$4,839,661

$3,467,299

discount,

income

pfd.

stock

May

Company is

distributing

petroleum

to

1949.

■

to

for,

and

Fundamental

at

Investors

$32,089,825

2.434,733

$13.04,

to

on

from

31,

or

ry.

Gross

ry.

practically

was

31, 1948.—V.

unchanged

139,379

58,740

*57,223

railway—.,2/: 2,091.425

2,068,932

1,974.105

1,876,094

:

264.125

303,401

166.295

27,530

income—

232,376

222,883

59,931

*70,855

railway

oper.

169, p. 1667.

Georgia Southern & Florida Ry.—Earnings—

Garrett Corp.

Gross

from

Net

ry.

Gross

war.

202,557 were

produced

during

GM's

251,363

April,

ry.

—V.

passenger

car

and

and 48,806

cars

were

the

year

to date,

1,884,221

1.561,690

1,509,598

572,662

545,793

385,543

359,854

income—

171,796

171,013

134,779

134,810

cper.

169,

1451.

p.

period last year.

-

-

.

'

-

/

it

!

.

•

/•. /

,

■

,,,

2 /'

BUSINESS—Company was incorporated in Ohio Feb. 21,
entered into contracts of purchase and sale whereby

supplies

buildings,

and

machinery and equipment owned
total price of $227,000

for

inventories

an

estimated
2

price
(

of

•',).-

is engaged

products previously manu¬
in addition thereto,
radiator valves and other
related products.
,2
2.
•//
The former owner of the business, Glauber Brass Manufacturing Co.,
was
incorporated in Ohio Aug/ 31, 1932, and became a subsidiary of
H.
B. Salter Mfg. Co.
during Oct., 1945. ■ H. B. Salter Mfg. Co., in
continue

factured

-

■

3

■

in the manufacture and sale of brass products
consisting principally of faucets, valves and fittings. Company intends
to

.

it

acquired all of the lar.d,

Company

to

.

When

materials,
$186,000.

trucks.

•

Offered—

15, 1949; due March 15, 1961, Ohio
Columbus, O., trustee/ Interest payable

and

during April was made

-,/"•

Ohio—Bonds

by Glauber Brass Manufacturing Co. Ohio for a

officials said.

compared with 737,227 for the

Inc., Kinsman,

Columbus, Ohio, recently offered $150,000

March

Columbus,

1949.

General Motors has produced 822,055 cars and

trucks in the United States and Canada,

12,334

1,896,325

/

sinking fund.

Record—7

truck

The attainment of a higher rate of production

possible by greater availability of steel,

66.263

National Bank
March 15 and
Sept. 15 of each year.
Callable on 30 days' notice as a whole or
in
part, otherwise than through the operation of the sinking fund,
Bonds are also subject to redemption
through the operation of the'

of

trucks

and

64,874

12-year 5% first mortgage bonds at 10014 and int.

Transfer AgentCo-

cars

81,063

117,531

1—

Glauber Brass

establishing its highest

April

$549,083

165,584

1948.,,.

i

railway. _j_
rail way---^2-

from

Net

in the United
monthly out¬
production exceeded
March, 1949, by 22,600 units and compares with an output of 262,628
cars
and trucks during April, 1941.
Of the total vehicles produced in
Canada

the

$576,856

209,501

income—

oper.
Jan.

Net

1949

railway—

railway—--—

from

Dated

corporation

and

since

1946

$676,219

314,185

1949

from

Net

"

N. Y.

1947

$723,953

March-

outstanding in¬
asset value
from
the $13.13

169, p. 602.

124,576

income

•Deficit.—V.

engage

31.

•17,083

1—

from

from

Net

Shares

1948.

1946

$669,168

93,744

oper.

Net

gain of 6.2%. Net

a

1947

$679,683

163,054

railway..—

railway

From Jan.

at

$33,731,384 on March

were

Dec.

2,585,794

1948

$733,428

136,013

1

from

Net

Such

wholesale
and
of, crude petroleum.—
■
;/';•/.
2 %

production

1949

$745,043

March—
Gross

Net

1,

authorized

products

169, p. 1451.

Georgia RR—Earnings—

HISTORY &

same

3,634,649

$625,522

debt

on

—V.

stock for each common
would be distributed

to

General Motors Corp.—New Postwaf

For

14,019,653

1,726,500

thereto.

Bankers
Trust
Co.,
New York,
N.
Y., has been appointed
York transfer agent for, and the New York Trust Co., New York,
Y., has been appointed co-registrar with respect to 1,000,000 shares
common stock,
par $2 each.—V. 169, p. 377.

April,

4 906.481

717,720

:

889,037

j

Balance

.

The

put

1.800,000

15,575,800
taxes

and exp. (Crj__
deductions 2_-_2

Other

New

of

'*•

150.000

150.000

accom¬

Registrar—

This

March—

be

amendment

an

common

company

Dakota.

exploration

with

fiom

share,

States

Florida East Coast Ry.—Earnings—
Gross

Redemption

cannot

1,186,421

$0.51

share-

$1,560,-708

1,257.935

shares
per

by

1113.

comparing

2,589,384

.V.;
.

prem,

Fundamental Investors, Inc.—Gain Shown in Assets—

N.

Common

eliminated

be

the

of

and South

petroleum,

Mar. 27/48

$17,541,370

523,552

taxes

5,684,100

plant

long-term

on

Amort, of

AND

Montana

(The)
26/49

1,249,423

income,

5,833,800

The Ohio Co..

$12,837,288

—I

Gross
Int.

the business of exploring for, producing and refining crude oil and
products at wholesale and retail.
Thp company's principal business is and will continue to be refining

(& Subs.)—Earnings—

income

469,700

income

dividend, if distributed, has been ruled nontaxable.

figure of Dec.

Net

532.000

taxes

FROPERTY—Company, having its refinery office at
Cheyenne, Wyo., and its general and
producing division offices/at
Denver, Colo., was incorporated in Wyoming on June 12, 1940, and is
qualified
to
do
business -in
Wyoming,
Colorado, Nebraska,
Kansas,

per

1560.

Flintkote Co.

will

outstanding and that such stock dividend

BUSINESS

V.

34,572,356

depreciation-.

aquisiadjustments
—//

From

1949—4 Mos.—1948

$2,321,784

stock

said

stock dividend of two shares of

common

Fishman Co., Inc.—April Sales Up 31.7%—

Period End. Apr. 30—
Sales

underwriting.
165, p. 937.
"

Both issues

$("0.180,515

37,850,306

General

1, 1949, and until all shares of this issue have been
preferred stock will be subordinate, in respect of divi¬

7%

$66,447,214

3,215,122

Federal

HBefore giving effect to stock dividend.
It was expected that the board
of directors at a meeting called for April 18, 1949, would authorize a

in

on

redeemed.

or

1949—12 Mos.—1948

$5,361,465

3,242,073

is

by exchange
5% preferred
preferred stock all of

exchanged

not

1949—Month—1948

$5,786,543

pur¬

until

and

5%

retired

preferred stock

1948

$7.38,903

expenses.—-

of

tion

of distributing petroleum

First Industrial Corp., Baton Rouge, La.—Files—
company

been

such

1949

$365,549

$45,292

on

payments in liquidation or dissolution and in other respects,
to the 5%
preferred shares.
After the redemption of the 5% preferred
stock the provisions of the articles of incorporation of the company

stock

1,' 1952,

the

The

has

of

—Jan. 1 to Apr. 21—

1948

$51,913

••

.

1779.

p.

for

Amort,

company's, outstanding

redemption

stock

unless

643

*$35',025
2 22 2:22 V

and

common

Holders

issued

•$134,453

1

company's - Plant
facilities.
SNone of .the

mortgage

Plant* Corp.

be

the

of

issuance

+Note held by WAA for

"by

683

*516,709

revenue

Prov.

until Sept.

11,770.065;

40,843,468

•

...

Total

•After

plished

13.362,352

;
_

-

will

and

shares of 5%

V,'/v2.f
12,602,500

29,

—

surplus

may

call

$4,000,000; but further

to

secured

Defense

stock

holders

present

153,529,339

(par $100)—
tCommon stock

Capital

Jan.

at

and

of

preferred

21,647,373

outstanding

is limited

2

No.

JPurchase

the

!

par>

amount

Plant

7%

with

($1

218

*$23,920

Period End. Mar. 31—

11141,923 shs.

10,130,708

;

assessment

1949

1949

500,000 shs.

——

—

liabilities

possible

Miscellaneous

in

§5,0002h.s.

2,793,776

-

ineome__"

on

accrued

for

Minority

swene

5,000 shs.

15,066,612

years

414%

3.500 shs.

pfd.

14,767,837
2,441,619

244

int.

to

Week End. Apr. 21

Operating

pfd. stock ($100 par)^_/__%„

$1,354,533

income

from

revenues

169,

Gross

cum.

1,684,578

wages—

(axes

Miscellaneous

200,000

($100 par)

6,180

*$34,377

Georgia Power Co .—Earnings—

-

.

cum.

$763,919

2-^——

payab'e

37,919

None

i_Z2

year

Accounts

94,798

7%

stock

6,425
*$133,770

1949

—V.

5%

within

due

2,213
*$16,491

Period—

1,242.500

JPuichase money obligation
Z—
Bank loans (less than 1 year maturity)

il—/

applic.

Operating

.

115,448,943

2,107

*323,676

income—

v

-

153,529,339

*$40,557

150,000

$150,000

facil.

•3,259

*$140,195

•Deficit.

Outstanding
$600,000

1,242.500

Corp.

obligation-:

money

5,980

*$18,704

approximate

FINANCING

mtge. bonds, series of 1949

2,109

*$25,783

income

Deductions

by

net. proceeds,

TO- PRESENT

1.956

income

oper.

on

owned

Wyoming,

The

ry.

Non-opierating

approxi¬

field,

CAPITALIZATION, GIVING EFFECT

2,065,285"

1.553,383

......

we'ls

(net Dr 1

fac. rents

con¬

vacuum

of

cost

a

—

Joint

this .financing will,,until otherwise used, operate as working .capital
and improve the ratio between quick assets and current liabilities,

(net)

„

under

additional

during 1919 of two additional wells
an approximate cost to the company

r

amount)

projects

improvement

the

company's

drilling

project

the

and

and

are

Company in the Mush Creek
to the company of $75,000.

cost

i.___.

_Z

nominal

$115,000;

1,575,787,
32,679,191

2,372,250

equipment—

and
(at

„

10,577,529

—

operations

assets

...

income——.

on

expen e=

used

not

Miscellaneous

■Goodwill

...

_____Z2C-— i

inventories

unit

$80,000;

Maudlin

32,321,711
3,359,111

_a_—

receivable

accounts

Merchandise

the

17.833,505

A.

securities^—2---

''

11,331.416
38,526,487
2,059,126

__

S.

$

mately

Jan.31/48

$

U.

by

distillation

CONSOLIDATED BALANCE SHEET
ASSETS-

Among
the

purposes.

Railway oper. income
Equip, rents. (net Dri

the

production

of

all

lines

ol'

by the former owner of the business and,

engage

in

the

manufacture

and

sale

of

•Volume

169

turn, became
Brass

Inc.

other

subsidiary of Eljer Co., iPa.), during Oct. 1948. Glauber
affiliated,. directly,.'or indirectly,'" with any of the

a

is

CAPITAL

H.

to

pany
board

STOCK—Authorized

stock,

standing.

(par

B.

of

to

agreement
in

stock:

$20,000

of

of

Brass

in

PURPOSE—The

net

with

used

retire

to

additional

and

original

1955,

$65,000

in

derived' from

bank loan

of

$25,000

working capital.—V.

169,

the

pay-

due.

required
value

par

the J
shall

notes

become

be

not

of

company

Grand Trunk Western
March—

—V.

in

$60,000

per

Net

from

Net

ry.

1333.

Net

sales

Cost

of

Gross

from

Net

ry.

i

.$3,905,000

$2,832,000

651,236

661,071

996,535

394,294

234,418

575,271

"196,486
"451,102

11,453,000

11,853,000

10,557,000

1,591,979

1,516,389

2,120,448

193,163

936,774

"857,499

1946"

railway
income

"Deiieit.—V.

169,

March—

:

Net

ry.

railway—
railway

from

1949

...

income.

eper.

-

1748

1947

1946

;

from

Net

from

Net

ry.

railway.:
railway
■_

41,471,049

169,

43,034,497

1,769,507

5,713,796

"3.188,884

406,367

-

income.

oper.

"Deficit.—V.

Net

ry.

'

37,688,565

4,641,304

36,726,636
4,171.372

756,704

476,614

"

for

Gross

1946

$324,335

$281,650

$240,931

66.755

115.052

99,417

28,370

21,639

49,221

53,619

"12,667

income

from

ry.

railway....
railway

from

Nf-t

oper.

863,549

916,780

750,109

2ou,bb6

2j_,,J12

215,353

57,673

income...

"Deficit.—V.

169,

Earned

directors
classes

April

on

101,797

declared

the

95^675

following

this corporation,

of

shareholders of record May

dividends

payable

May

;;

1949

Net

.13
.20

.16
.16

from

from

Net

ry.

-

Gross

"Extra"

ry.

.17

■

,

—V.

-

169,

from

distribution

net

Ohio

from

accumu¬

railway...

$6,151,938

$3,537,605
1.502,032

$6,111,454

1,384,600
570,200

559,036

544,013

1,511,332

"280.788

169,

181,494

net

224,568

mon

18,593,974

16,594,485

4,239,453

1^,179,859
4.353,557

17,383,264

.

4,234,240

J - $427,441

$403,150

1,565,007

1,408,749

.Net

ry.

Total

"114,539

-Ti

1949

■_•

:■

Proceeds will be used

par.

construction

program—V.

169,

1334.

p.

-

Net;

CONSOLIDATED

-

OPERATING

>L:

ENDED

Net sales

31,

1949—3 Mos.—1948

profit

FOR

/ 1,615,905
$520,725

$220,125

$1,271,683

$340,257

101,424

113,914

160,016

230,232

299,788

709,303

$189,069

"$193,577

4,064

3,486

_

$193,133

W

834,392

$402,369

"$840,441

14,099

-

12,769

"8190,091
'

$416,468

"$327,672

4.026

3,221

3,586

9,932

41,175

41,779

137,743

125,675

$147,932

"$235,091

$275,139

Earnings before depreciation and income

Net

State

taxes

income..

on

Federal

Canadian

Preferred

dividends

-The

consolidated

of

as

March

liabilities
to

1

as

2542.

of

31,

—

169,

balance

sheet

of

the

company

shows, current assets

1949

of

The

current

ratio

at

with

4.91

to

Dec.

at

and

its

subsidiaries

$10,866,919

31,

1

SO.49

;

March

31,

and

1949

1948.—V.

the

N.

Deggeller,

resignation

April 30.—V.

of

169,

177,000

■

Gross

The

by

Net

from

Net

ry.

1902,

after

President,

Charles

p.

H.

on

May

$0.54

1

- "

$0.62

announced

charges

Schimpff,

Vice-President,

ry.

of

&

1949

1948

$2,776,658

$2,907,877

$1.74

taxes

$1.82

1946

$2,460,698

$2,024,146

'$2,712,555

440,145

297.209

408,546

"117,551

175,797

"31,409

103,699

"387,934

railway
income:—

•

1—

railway:—.

7,763.193

8,069,937

6,942,273

been

completed

of

J.—
the

new,

'modern

the

building, in Teterboro, N. J., to extend the service
corporation in eastern United States. The Austin Co.,

Handled
within

both

design and construction of these

miles

16

f

New

York

City.

Exact

new

location

equipment
of

cars.
a

face

P

facilities,

and

land purchase

parking

permanent masonry type, with
Rail service will be over

&

new

H

facility

customers

will

to

area

involved about 8V2

brick.

This

to

and
The

enable

the

the

office

the

spur

is

throughout the eastern




at

1,233,996

1,085,052

985,755

799,022

income—

454,837

170,674

93,527

36,750

oper.

"Deficit.—V.

area.

coiner

The

169,

p.

1668.

Co.—Registers With SEC—

29, filed a registration statement- with the
SEC covering 1,200,000 shares of Common Stock
(no par) to offer to
eligible employees of the company and certain employees of subsid¬
iaries

floor

for

space

over

Construction is
of

finished

the

enlarge

Erie

its

in

RR.

service

company,

under

its

April

Employees'

Common

Stock

Subscription

Plan

of

100%

and

share

per

Illinois

National

of

com¬

Bank

Trust

&

t

.

Redemption—

interest.

Payment

corporate

corporation

trUstee,

Trust

Cleveland

will
115

Co.,

be

made

at

West

16

•

Monroe-

Wall

Street,

office

stockholders

G.

the

of

May

demanded

4

meeting

on

the

loan

government

a

Washington,

on May 4.
Reconstruction

previous

several

passed

Finance

Corpora¬

officials.

liquidation

day,

of

C.,

loan,

D.

The

by Federal Government

on

stormy

a

'
on

in

Cleveland, Ohio,

decision

a

hinges

consideration

reported in

neth

quarter

Donald,
this

of

President,

year.—V.

of

■;1.
com¬

which

at

the

Ken¬

reported

169,

loss

a

$646,000

of

for

the

first

6.

p.

(Iowa) Telephone Co.—Files—

company

$65,000

for

April

on

filed

22

letter of

a

notification

with

the

SEC

4Vn

first mortgage bonds, series C,
due April
1, 1969.
Wachob-Bender Corp., Omaha. Neb. Proceeds will be used

plant

extensions

capital.—V.

and

betterments

Kansas Oklahoma & Gulf
Gross

ry.

from
ry.

—V.

working

1947

1946

$466,678
252,672

$472,100
200,168

223,915

railway—

$310,625
100,991

94,600

67,239

124,535

41,556

1,473,869
694,435

1,390,307
623,152

1,244,482
672,819

909,418
402,649

289,410

237,025

322,780

182,129

income—

oper.

Net

additional

'1948

$493,729

railway-

1—

from

Net

for

Ry.—Earnings-^

1949

from

from

and

166, p. 372.

March—

railway

railway

income

oper.

169, p.

1452.

an underwriting group which of¬
issue of $10,000,000 first mortgage
bonds, 27/s% series due 1979 at IOIV2 and interest to
yield approximately 2.80% to maturity. Bonds are dated
April 1, 1949; due April 1, 1979.

fered

The

filed
The

by

offer

amendment.
is

not

they

are

issue

officers

6

new

a

awarded

was

received

were

the

at

sale

May
for

4

on

the

a

of

bid

bends

as

100.82.
2%s as

Six

other bids,

follows:

Glore,

Halsey, Stuart & Co. Inc.,

100.6077; Harriman
Ripley & Co., Inc., 100.471; White, Weld & Co., 100.3475; Blyth & Co.,
Inc., 100.419; Equitable Securities Corp., 100.09.
100.625;

& Co.,

PURPOSE—The
the
for

net

proceeds

will

be

added

to

the

general

funds of

reimburse the company's treasury
for meeting, in part, the
proposed additions to property and facilities, and for other
and used,

company

in part,

to

capital expenditures previously made and

costs

of

corporate purposes.
CONSTRUCTION PROGRAM—Company estimates that it will expend
with its construction program approximately $24,000,000

in' connection

ending Dec. 31., 1950. Approximately $15,expenditures will be used for 1949 construction as

during the two-year period
915,000

of

such

follows:

Electric

extended

to directors of the company
(whether or,
employees). The purpose of the plan is to
employees to acquire a proprietary interest in the company
through stock ownership and to pay for such shares by the accumu¬
lation of the purchase price through wage or salary deductions over
a
four-year period beginning July 1, 1949.
The plan is to be voted on
at' a stockholders meeting scheduled for May 12, 1949.—V. 169, p. 1668.
not

Corp. headed

May

Forgan

1949.

Net proceeds received by the company from such sale over the period
during which payment for the shares may be made will be added to
general funds and used with other cash funds for general corporate
purposes.
No underwriting is involved.
The subscription price is to

be

projection
to

the

accommodate

acres.

tracks

corporation

facilities

Chicago,
larger quarters,

and

of Huyler and North, about 300 feet off of Highway 6.
The new building will provide over 14,000 sq. feet of
400

warehouse

at

Savings Bank,

under

following

6,114,052

railway——

effective

office

and

xrf

has

98.4c

City

Co.—Partial

this

awaiting

Boston

1947

1948

$2,627,692

-

International Harvester

Construction

&

of

pany

1779.

Office Building at Teterboro, N.

approximately

bonds, 3%
series,
due
1978, are now
exchange for temporary bonds at The Chase
of New York,
43 Exchange Place,
New

in

the

1961.

now

From Jan.

*

Harnischfeger Corp.—Erecting Modern Warehouse and

been

Heintz Precision Industries, Inc.—Awaits RFC

local

is

Gross

share

railway

from

from

Net

acceptance

1,

&

Net

"

"

1949

oper.

Net

3

the

dis¬

months

12

1668.

From Jan.

.V:

Resigns—-

to

the

mortgage

of

Trust

fate

the

tion,

180,000

Rayon Corp.—Earnings-

common

from

4 80

pp.

credit

due

called for redemption on June 1, next, through op¬
sinking fund, $50,000 of first mortgage 4% bonds, series

the

$1,500,000

$284,659

!

March-

current
was

168

'

.

Harbor Plywood Corp.—Official

,Martin

2686.

p.

tax

or

37,515

International Great Northern RR.—Earnings:

Gross
*

per

this

otherwise

$371,000

paid

includes

1949

31,

Kansas Power & Light Co.—Bonds Offered—The First

90*000

—

common stock

$2,264,143.

compared

$502,174

§251,199

taxes.

share—:

income

Without

of

debt

on

Chicago, 111., or at the Banker?
York, rN. Y.—V. 167, p. 2031.

Jack

39 246
;

share of

per

inc.

Quarter Ended March 31—
Net

expense

1948.

have

delivery

Jan.

Net

Earned

reorganization

and

Loan—Reports Loss for Quarter—

$214,102

_____

Common dividends

Earnings

and

1948

$467,350

___;

plants—

'

Industrial

—V.

earnings

first

Underwriter,

39,151

etc.—.

for

120,353

,

of

Harris

for

1949

depreciation,

profit

193,050

and

would

Jefferson

of

taxes—527 505

Depreciation
Federal

before

p.

March

company has

due

New

169, p. 1780

depreciation

167,

ended

"$963,279

________

for

$4,754,754

31,

Iowa Electric
The

346,305
-

____

-

Provision

MONTHS

3

March

$1.23

months

12

from

discount

debt

on

$0.27
the

credit

tax

N. Y., or at the Continental
Co., Chicago, 111.—V.-169, p. 1780.

.5,171,220

charges—.

per

on

for

$5,511,477

4,862,138

3 Months Ended March 31—
Net

1,117,581
"$1,846,855

York,

1949
___

"

shares

Bank

$0.80

Industrial Brownhoist Corp.—Earnings—

—V.

RESULTS

MARCH

—

104,577

$2,822,251

324,227

$6,133,826

_______

deductions

income

Earned

Subs.)—Earnings—

51,555

$2,964,436

Street,

rents

_——_

income

fixed

Total

Net

Hammermill Paper Co. (&

share

for

$3,490,790

265,347

taxes—

Provision

company's

gross

19,634
$718,999

1948 V

.

1,677,952

income-

oper.

"Deficit.—V.

3%% bonds due 1976 at

finance

of

Several

Gulf Public Service Co.—Bonds Placed
Privately—The
company recently placed privately $1,000,000 first mort¬
to

$2,717,-374

stock.

The

gage

74,348

$2,912,881

$408,952

per

Definitive

1452.

p.

178,612

$700,365

Definitive Bonds Ready—

1,984,153

1,673,845

58,539

$719,364

$722,053

from

earnings

RR.—Earnings

'

faoil.

995,863

434,469

$1,858,077

ry. opers.

Other inco me

"944,440

,

.

.

"Deficit—V,

jt.

&

Miscell.

railway...
railway.....
income

183,198

$2,136,631

accruals—

tax

1,186,842

2.729

estimated

an

433,958

1943

1—

oper.

fr.

rev.

265,124

in-

income

203,985

1949—Month—1948

revenues-

expenses.

915,261

333,510

_j

com.

*

oper.

729,625

1,028,568

186,441

stockholders

1947

722,775

income

net

eration

•

oper.

Equip.

,1948

$6,266,620

.

-

income..

1

Railway
Net

RR.—Earnings—
1°49

-

268. :

p.

Railway

498

p.

987,188

148,786
236,429

in-

1,500,000

the

invest¬

4,036,176

313,141

Earnings

A,

.03

Ry.

&

166,

1949—12 Mos.—1948

',$2,871,847 $11,658,714 $10,449,285

969,485

income

charged

share

Indiana Harbor Belt

new

4,652,701

1

income

147,996

..13

dividends

represent

profits.—V.

*

&

the

place
1780.

p.

328,230

income

write-off

$0.65

charges

after

to

169,

169,644

t

available

Period End. Mar. 31—
meant

Other

197,000

Refrigerator Co.—Earnings-r—

common

taken

280,974

state

Operating

$1,588,777

$3,271,885

per

assets

258,281

than

and

124,815

—

earnings

the

Farnsworth

by

pur¬

taxes

$1,580,897

.16

.07

dividends

net

railway......

from

Net

Sales *

extra dividend.

from

Net

Earned

.05

oper,

From Jan.

Net

.15

Capehart-

of

acquire

1,134,374

A_

taxes

come

9,494,450

•

Hussmann

.06

.

$3,259,965

.

.

other

Taxes

247,341

charges.

Quarter Ended Mardh 31—

be

porduction.—V.

1949—3 Mos.—1948

_

gas

Depreciation

Net

603.

p.

will

to

approved

as

steps

full

resale

National

.19

.03

is

10.469,408

84,483

.■

169,

formation

the

subsidiary

Corp.,

1,311,751

Maintenance

Gross

-

.07
•08

that

in

3i—

revenue

chased for

1947

.17'

.08

income

.03

dividend"

Operating

"$404,477

"Deficit..—V.

....

Radio

&

announced

immediately

207,500

old-age .taxes.

and

announced

4

wholly-owned

a

Interstate Power Co. (& Subs.)—Earnings—

187,435

.07

"regular

169,

$12,050,305 $11,083,227

162,245

.22

,

also

was

Period End. Mar.

".20

.....

one-cent

1948

!

taxes

.09

-

outstanding.—V.

$277,027

charges

.09

Gulf Mobile

Net

i. -come

.03

lated, undistributed

Gross

S.

Depreciation and depletion

........

stock

1949

_______

Fixed

Utilities

March—: -1

Not revenues

Corp.—Forms

-Earnings—

Other taxes

2

as

Television

"The

.19

Petroleum

income.

this

$7,964,585

.13

-

Tabacco

of

7,687,558

.10

Pteel

shares

revenues

.26

company

May

on

Corp.

Telegraph

&

Farnsworth Assets—

Co.—Listing—

Expenses

.10

Railroad stock

It

company

.18

-

Telephone

corporation

Federal

50,000

is

liquidation

on

the

Operation

will be used for capital purposes.

'Quarters Ended March 31—
Gross

.10

equipment

tax,

(

Proceeds

value

asset

corporation in
companies not listed

of

income

Unemployment

....

Railroad .bond

income

(estimated),

net

of

realizable

values

stockholders.

$1.30

$4/25 preferred stock,- no par value, has been, listed
Stock Exchange and
was
admitted to trading on

are

.03

.......

$15,386,649

$1,111,363;

Federal

2685.

p.

.09

bond

This

Deductions

.14

machinery

Railroad

statement

of

investment

Farnsworth

'

1667.

.12
,

3,040,863

other income and
$1,139,592; provi¬
$426,500; net income for

income,

Hudson Coal Co. (& Subs.)-

.07

Merchandising
Mining

"Includes

York

There

U.

priced

NOTF—By

New

29.

.22

equipment

Investing

ment

company's

the

.10

administered

low

tax

8,399

$4,758,103

not presented as a rep¬
particularly in view of
mining ventures and in
securities of Canadian
on
the New York Stock
Exchange or New York Curb Exchange.
The corporation's businesses
primarily the search for the development and financing of mineral
properties, and funds of the corporation not currently required for
these purposes are placed from time to time principally in secur.ties
of mining, oil and related industries.—V. 168,p. 2543.

come

.14

General bond

;

operating

income

144,765

—______

Unit to Acquire

118,272

yrs.__

of year
$16,536,922
share—$1.78

income before

Federal

.07

...

Institutional

prior

close

Hooker Electrochemical

p.

$0.18

V...

Industrial

at

common

share, without underwriting.
—V. 167, p. 1809.

to

First Half

.09

——

Fully

applic. to

$2,635,161

developments

and

15,602,815

$19,261,648 $18,427,512

the

on

31,

$0.09

Chemical

Food

wages

$l;074,952;

for

April

Quarter
Automobile

Electrical

=_

The company on April 25 filed a letter of notification with the SEC
for 25,000 shares of 5% convertible
preferred, to be offered at $10 per

Total for

Agricultural

Building

15,386,649

____

:

Hemisphere International Corp., New Orleans—Files—

'

13,420

For Second

'

Aviation

1,670.000

$2,824,698

2,606,454

suplus

expenses,

13, 1343:

;

«

above

heavy

of' Farnsworth

per

'The

21

shares

of

2,341,500

.The consolidated statement of income for the quarter ending April 2,
follows: Net sales, $13,534,149; cost of
products sold, $11,094,264;
provision for depreciation, $253,570; selling, general and administrative

on

The

$4,494,698

The

694,343
132,385

Group Securities, Inc.—2nd Quarter Dividends—
various

year

i.

593

.

1949

1667.

p.

of

ventures

charges

Electricity and
1947

-

Prom Jan. 1—

Net

beginning

vacation

Balance

63,207

"1,108,052

$295,607

railway....

surplus

Prov.

1S48

railway

oper.

$5,216,499

*

(estimated i_.

RR.—Earnings-

1.949

from

tax_

tax

1,675,909

31, 1949, as determined by

■'!•.' 1 ,
advances to affiliates—_________

and

in

mining

resentation

the

$3,874,999

quarter, $713,092.—V. 168,

Green Bay & Western

from

194,102

'

year

charges^ $28,228;

March—

Net

$4,300,596

126,346

dividends

sion

Gross

for

-surplus

.

1561.

p

income

income

Directors—

Total

$13,289,336

From Jan. 1—
Gross

Other

4,011,653

1

income

for

provision

852,261

$6,090,153

_

Federal

Cash

$16,173,192 $15,099,423 $13,054,368
2,737.333
1,990,901
1,476,432
936,631
214,954
150,923

_

1,046,651'

values.at March

fair

on

Deferred

48.984,406

4,327,220

charges

before. Federal
for

less

and

on

International

.

Gross' from

Net

Total

Great Northern Ry.—Earnings

Net

Income

payable

Advances:

Investments

Mar. 27,'48

'

and

and

Board of

50,667,765
-

income

income

less

receivables

qouted market values at March 31, 1949—
Securities on domestic or foreign exchanges
Other securities having over-the-counter quotations—,

$62,131,789 $58,148,916

,___

——

-

Balance

1452.

p.

Based

Based

April 2,'49

•

1

depreciation.general and admin, expenses

Operating
Other

of

$292,865

$8.71

"179,012

654,345

>

.

for

Provision

railway

oper.

$11.94

shares

7,535,000

1947

1—

irom

Net

RR.—Earnings

■.<

j.

—2

products sold.^-u

and

Investments

2,564,364

v':.i

Provision

1948

income

Jan.

3,481,123

285,219

on

proximately
Cash

1947

942.

p.

Years Ended—

bonds

the company

$4,147,000

railway

oper.

Prom

share

President, on April 27 said in part:
1949, the net asset value of the 489,973 shares of
this corporation outstanding was $4,758,183 or ap¬
$9.71 per share, calculated as follows:
31,

stock

$43,995,477 $38,884,434

charges & taxes____

common

March

common

1948

-

F,. MacDonnel,

•

Hazel-Atlas Glass Co. (& Sub.)—Earnings—

-

1956.

$3,923,000

railway—__

'■

7

International Mining Corp.—Net Asset Value—
G.
At

YEARS

CALENDAR

_•

168,

pur¬

of " the"

sale

and provide

p.

profit after

FOR

V.'V

-

-

.

sales

Net

;i

company.

(1991)

■

and was originally

1884,

common

1949

from

'

Net

Earned

The

to

of

1952,

inclusive, and $58,000 in

proceeds

a

1951,

the

unsecured

they

as

shall

amounts

in

its

the

RESULTS

com¬

by

Selling,

Gross

manufactured' by

products

established in

was

CHRONICLE

FINANCIAL

&

Harnischfeger Corp." P & H derived from
always been the standard trademark for all

name,.-has

out¬

the

with

demand

upon

event

on

Co..

Salter

B,

$50,000
to

the

its obligations

following

1950,
1953

be

issued

are

agreement

an

stock,

in

company,

H.

the

years

will

shares

4,075
into

common

Manufacturing

that

of

excess

the

the

meeting

provides

chase

entered

the

•

in

Glauber

has

known

C;i'.V ,v"v,.
'
consists of 20,000 shares of'i

capital

which

of

adidtional

directors

assistance

able

$10)

Salter

purchase

need

each

mentioned.

COMMERCIAL

The Harnischfeger Corp.
as
the Pawling &

not

corporations

common

I THE

Number 4801

Gas

or

.In
have
of

order
to

1979

1950

of

Department

——

Department

Other

enable

to

obtain
series

—

Departments and General Plant
complete
in

such

securities of

a

8,025,000
455,000

program the company will
proceeds from the sale of the bond*

construction

addition to the

approximately

$7,435,000

$8,000,000

type not

now

through

determined.

the sale

sometime in

8

(1992)

THE

CAPITALIZATION

GIVING

EFFECT TO

PRESENT

FINANCING

Authorized

.

bonds, 3Vi%

1st mtge.

bonds, 27/s%

Preferred
4

Vz %

stock

(par

ser.,

due 1969 $26,500,000

ser.,

due 1979

$100)

(par

$5)

\

5%
•It

stock

138,628 shs.

is

expected

138,576 shs.

J

stock

During the

ment

26,450 shs.

the

the

year

agreement

$1,000,000

credit in

a

company

to

are

the

draw

may

which

of $5,000,000, against
15, 1949. Borrowings under
31, 1949.
Company borrowed
amount

until Sept.

mature

thereunder

total

on

was

Dec.
repaid

Dec.

on

31,

loans

no

presently outstanding and the company
making any further borrowings thereunder.

plate
On

March

25,

1949,

the

subsidiary

borrowed

Savings Bank, Chicago, $250,000 on
bearing interest at the rate of 2J/8%

There

not

AND

1.924.

State

Kansas.

of

Company

is

incorporated

was

engaged

primarily

in

in

the

mission

plied

to

of

trie

supplies

It

owns

73.93%

electric

is

of

the

located

service

to

255

voting

at

securities

Lawrence,

communities

of

33,000

volts

the

of

Kansas.

in

north¬

the
an

are

at

transmission

trans¬

and

provides retail electric service to 68
communities,
incorporated and 24 unincorporated.
It provides elec- ■
wholesale to four municipalities, six rural electric co- £

lines

of

33,000

volts

or

its

and

over

local

UNDERWRITERS—The names of the several underwriters and the
principal amounts to be purchased by them, are as follows:

respective
First

Poston

Corp

$4,150,000

Harris, Hall

& Co. (Inc.)
Co

Shields &

Putnam
Stern

&

169,

&

Maynard H. Murch & Co.

1,500,000

Stroud

1,000,000
1,000,000

Co

Brothers

—•V.

Co.__

&

$500,000
500 000

Company, Inc.

Beecroft,

Cole

&

Co

Estes & Co., Inc.

was

awarded

May

3

on

bid

a

Securities

Corp.

bid

102.141

of

these

for

Dated May

100.5799.

Other

bids,

1, 1949; due May 1, 1979.
Joseph C. Kennedy, New York.
primarily

The

be

bonds

Trustees:

added

funds

for the cost of extensions,
properties of the company.
pay

3%'s.

as

Bankers

It

°nd

series

with

of

the

31,

notes

of

the

its

1956.

fts

to

construction
amount

to

to

$1,360,000

substations)

from

proceeds

of

present

notes

cash

the

payable

of

to

banks,
cash

outstanding securities

banks.

Prior
the

articles

stock

to,

or

will,

will

the

be

incorporation
consist

Pursuant

•

of

outstanding
shares

outstanding

&

by

first
of

solely
to

6%

stock

cumulative
Gas

&

Total

$3,283,484
131,036

equal
—V.

mon

to,

company
stock

Hornblower

&

Gross

(G.

...

J. J.

150,000

B. Hilliard & Son_

W. L.

Lyons & Co

150,000

1949

from

Net

gold
in

a

L.

ry.

Gross

railway.—

as

242,359

income.

oper.

•811,349

will

will show

Keystone Funds at market values
increase

an

of

on

$5,193,500

from

•Deficit.—V. 169,

10,925,933

:_

of

Co.

31,

Fund's

The

Gross

due

Net

output

•1,129,009

•229.G87

344,590

1,154,654

•3,332,860

•2,739,840

*2,003,812

*930,505

1670.

p.

$25)

(par

as

to

the

Net

ry.

previous
shares

fiscal

31,

$19,824,886

—V.

During the
increased to

outstanding
.

share

equal

to

$25.06

to

a

given

said:

about

up

4%

slight increase.

in

at

the

share

per

annual

"Consolidated
and

it

Sales in

pairage

The

number

average

is

meeting,

sales

estimated

for

that

the

the

on

April
first

the

stores through

our

sales."—V".

Kroger stores

of

net

27,
four

income

April 23, which

169,

p,

1669._

amount

but

Consolidada, S. A.

in

or

concurrently

will

capital

amend

stock

with,

its

will

the sale of

articles

consist

(par $25).




of

the

railv/ay—_

47.078,313

51,386,573

47,424,171

43,952,953

railwayincome—

7,560,057

8,487,529

10.020,328

9,210,751

3,830,028

4,119,845

4,938,380

4,961,953

1563.

p.

169, p. 1885.

at

Distributions

21.34

169,

during

the

1948

were

24,

15.52

cents;' Aug.

connection

14.51-Cent

rate

as

of

14.51

cents

from

750,000

President,
issuance

states
of

that

dividend of

cents;

15.03

per

cents

was

the

like

to

Mr.

but,

based

"Final

results

on

that

net

first

for the

company
has no present plans
shares.
There are now 672,600

for

period last year,
McGraw.

estimated

Net

the

for

for

for

the

quarter of 1949 were ahead of
amounted to $5,450,679, according
1949, are not yet ava.lable

March,

first

the

profit

quarter of

for

common

first

when they

results

the

months

two

first

this

of

of

quarter

is

it

year,

will

1949

1948," lie said—V. 169, p.

Net

taxes

exceed

1781.

income
per

$2,009,303
share

com,

through

March
the

over

McLellan

nine

31,

of

year.—V.

$6,737,678
$3.'75

$1.11

months

1949,

sales

net

the

of

$272,408,614,

were

$270,544,357

169,

$3.76

the

for

increase

an

of

nine months

first

1115.

p.

1949—Month—1943

$4,543,515

$6,764,363

company's current fiscal

Stores Co.—April Sales 17.7%

Period End. Apr. 30—

Sales
—V.

$2,007,890

$1.11

first

the

1949—9 Mos.—1348

$3,347,824 $11,300,947 $11,425,545
1,339,934
4,563,269
4,661,182

1,210,185

the previous fiscal

paid

20, 21.34 cents; May
Nov. 26,
14.98 cents.—

$3,219,488

____

sales for

Net

of

1949—3 Mos.—1948

profit after charges

Federal

Feb.

and

the

additional

any

shares outstanding.
Sales of the company

Distribu-

American
1949 to American preferred share¬

follows:

Financing—

with

the proposal to increase the authorized common
shaves to 1,500,000 shares, which will be acted
upon at the stockholders' meeting scheduled for May 16, Max McGraw,
stock

McKesson & Robbins, Inc.—Earnings—

207,

p.

1949—4 Mos.—1948

$0,795,596 $27,729,221 $27,225,501

'

McGraw Electric Co.—No Immediate

$1,864,257
distribution

1949—Month—1948

JL—$8,227,282

—V.

year,

dividend

Lake Superior & Ishpeming
March—

Gross

Higher—

1949—3 Mos.—1948

$3,860,545 $11,410,201

$11,399,461

169, p. 1563.

Net

ry.

railway
railway-

from

Net

Jan.

from

Net

ry.

1947

$63,089

$49,084

Net

•59,213"

•54,929

Net

income

•79,241

•70,618

175,096

135,826
•178,005
•236,767

vJi.,tS4l

f

"■'54,556

-

Quarter Ended March 31—

233,439
•210,686

income—

169,

•237,464

-268,613

railway

oper.

180,520
•174,911

Prov.

•290,840

•229,178

+Net

End. April 30—

Sales

——

169,

$312,945

-

1669.

p.

1949—Month—1948

railway
railway—.—-

$272,235

$1,107,430

$1,029,420

Gross

Jan.

from

—V.

&
1947

1946

$324,856

113,966

112,872

59,086

9,583

40,430

39,654

19,621

from

income—

873,982

891,014

659,929

156,742

241,471

306,122

190,222

62,177

108,858

64,798

31,622

>

1562.

Gross

Net

from

Net

ry.

series

all

1946

$4z9.593

$683,705

$598,450

$574,081

•12,713

211,600

220,359

130,490

5,687

113,943

132,907

83,343

1,420,261

1,880,788

1,476,103

1,510,426

180,684

501,971

383,714

railway—_

271,417

233,386

securities

income—

.

March—

Gross
Net

from

Net

ry.

railway—.

~

1947

1946

$6,183,634

1,037,783

1,365,232

1,132,166

$5,572,434
679,889

550,651

596,221

499,481

from

Net

ry.

—V.

the

17,332,864

19,404,203

17,859,473

16,054,901

3,000,830

2,754,753

3,307,668

3,302,318

income—

1,310,808

771,895

1,623,892

1,526,669

oper.

based

are

to

SO.96

,747,335

audit

the

on

and

year-end adjust¬
shares presently

1,494,668
'

Corp.—Earnings—

1949—3 Mos.—1948
$305,068

1949—9 Mos.—1948

$458,530

$496,441

$663,861

•

Federal

a

on

May

Court

that judgment had been entered
against Dynamic Electronics-

4

action

combinations

Magnavox

injunction
U.

television

or

sets

less

at

than

the

dealer.

sought

was

District

S.

Court

by Magnavox
for

the

in

suit

a

Southern

filed

District

March

of

New

31

York

publication of an advertisement by Dynamic Stores listing
Magnavox products in a clearance sale of radio-phonographs. In the
judgment entered, Dynamic has agreed to refrain from such adver¬
tising in the future and from offering Magnavox products at less than
stipulated prices.—V. 169, p. 1885.

Manufacturers Capital Corp.—Cambere Vice-President
Cambere

A.

to
Co.

&

has

Murray

for

Also

and

Ktuger,

V.

years

elected

President

E.

been

of

.

industrial

for

to

the

the

Monroe

Capital

its

own

Vice-President

President.

in

board

of

:,

Corp.,

Mr.

buying

Auto

Vice-President

pa.

Manufacturers

elected

McOonnel,

several

Mclntyre,

companies

railway.__
railway—

169, p.

subject

following

201,971

income—

from

Net

and

prices provided for the governing fair trade agreements between
and its authorized dealers. The Dynamic store chain is not

Stone

1948

$6,891,927

From Jan. 1—

Gross

in

associated

$5,773,384

railway—

oper.

1,436.090

*$0.34
—_—

announced

company

Ara

1949

from

figures

1009.

p.

authorized

in

1453.

p.

Lehigh Valley RR.—Earnings—

of

*507,099

stock

York, Inc., restraining the Dynamic stores from selling Magna vox

retail

246,627

railway——

169,

surplus

common

reserves

radio-phonograph

394,798

132,129

income—

•Deficit.—V.

of

1947

1—

oper.

to

of

dividends

___________

consent

New

The

1948

railway

iiom

948,0C0

..

Magnavox

railway-

oper.

share

in

tAfter

169,

■

1949

Jan.

29,000

through

Magnavox Co.—Judgment Entered in Suit—

Lehigh & New England RR.—Earnings-

ry.

transferred

tThese

The

by

700,669

March—

From

tax—

2,384,090

$243,491

railway—

from

tax

1948

$31,036,273

*803,099 V

."

325,000

per

paid

taxes

—V.

$321,934

railway^—
p.

income

income

Madison Square Garden

1—

oper.

169,

Fed.

Period Ended February—
Net profit after deprec.

$230,786
51,032

income

oper.

From

Canadian

of

tax

outstanding.—V. 168, p. 2227.

•;

from

inc.

1949—4 Mos.—1948

Lehigh & Hudson River Ry.—Earnings—
March—
V
1949
1948
Gross

Fed.

_.

income

ments.

(M. H.) Lamston, Inc.—April Sales Increased 15%—
Period

and

recovery

JEarnings
Amount

1669.

p.

for

prov.

Federal

carryback

•Loss.

Net

and

for

before

1949

$17,494,063

Estimated

railway-—

•Deficit.—V.

Inc.—Earnings—

sales

1946

1—

from

Net

Mack Trucks,

1948

$66,950
•32,to0j
•100,950

__

income

oper.

From

Gross

RR.—Earnings—

1949

$126,240

from

of

directors

Equipment
The
.

Donner

./'

and

negotiates

the

director,

formerly

of

Hayden,

Brouwer

were

Co.,

a

was

Monroe,

Corp.,

•

operates
sale

D.

Mich.,

Philadelphia,

^'/.;

purchases

account,

and

Cambere

department

or

,.

industrial
merger

of

companies

as
agent
and
provides corporation financing.
wholly owned subsidiaries: American Separator Co., Inc.
Bainbridge, N. Y. and The Cuno Engineering Co., Inc. of Meriden,

has

It
of

two

Conn.

1669.

^

financing
are

and

Libbey-Owens-Ford Glass Co.—Earnings—

follows:

as

Quarter Ended March 31—
Net

earnings

Earned

$10,000,000
505,861 shs.
limited

1979

600,000

414,659

Period End. March 31—

tion—

Net

company

incorporation

solely of

2,001,242

McCrory Stores Corp.—April Sales Increased 21.07%—

1949—16 Wks.—1948

$254,120,927 $246,873,389

operation

-Declares

preferred share will be paid May 24,
holders of record May 13, 1949.
A
on Feb.
26, last.

of

Outstanding

issuance

1,485,499

Sales

Earned

A

1,181,758

1,172,214

oper.

169,

that

during the four
weeks ended April 23, 1949 was 2,294, compared with
2,474 during the
corresponding period of last year—V. 169, p. 1562.

La

1946

$15,423,539-

the

on

stockholders

President,

be

1947

1—

Period End. Apr. 30—

.

earlier net assets totaled $3,278,162,
128,949 shares then outstanding.

year

1948

year.

net

1949,

income.—

oper.

from

from

of

RR.—Earnings—
1949

From Jan.
Gross

according

tl60,000shs.

maximum

(Ky.)—Weekly Output—

of

railway
:_ $15,507,347 $17,520,832 $16,831,917
railway2,410,842
3,178,608
4,052,821

from

Kroger Co.—Current Sales Show Slight Increase—

Gross

1979,
•Unlimited

*269,988

9,979,942

from

ry.

asset value per share amounted to
$8.92 a year earlier.
High Grade Common Stock Fund SI were

the

per

of

the figure

over

and

1949
of

proximately 20%

sale

the

series

1>448,487

37,714,000

Net

the Easter season of both years, are up 8%. All reductions in
material and manufacturing costs have been
passed on to our customers
and while we have been operating on a lower
gross profit percentage
than a year ago this has been more than offset
by the increase of ap¬

of

company
might incur a
substantial
liability, it is the opinion of tax counsel of the
recapitalization and reorganization of the

3%

433,138

this company for the week ended April 30, 1949,
kwh., as compared with 36,278,000 kwh. for the
corresponding week last year, an increase of 4.0%.—V. 169, p. 1885

totaled

Net

stock.

Co.

$3,480,637

317,022

10,107,830

-

11,319,477

Louisville Gas & Electric Co.
Electric

$22,790,126

were

includes

its

for

$3,597,214
V

•570,695

»•

1946

1947

$4,025,863

•116,845

March—

Kinney Co., Inc.—Sales and Earnings Higher

report

and

5%

,.

;■

1P48

$3,723,598

railway

railway,
from
railway
ry. oper. income

Net

1562.

p.

Smith,

that

exchange

preferred
Electric

bonds.

will

From Jan. 1—

500,000

$2,965,240

the

March

on

R.)

months

except

recapitalization

the

to

shares

Under

from

Net

Weeks—$1,000,000
200,000

$173,117,700,

number

2,222,217.

$25.42

shares

so

600,000

requirements of the instrument \inder which such securities

the

to

shares outstanding. A

to

169,

ry.

the

with, the
recapitalized

subscribe

unsubscribed

Long Island RR.—Earnings-

In

G.

to

basis.

9,653

\:v

1669.

p.

prin¬

Harold E. Wood & Co._

High Return Bond Fund B4

of

the

assets

net

Net

of

tax

1979

stock

authorized

10

gain of

a

close

the

from

from

all

amended

of

such

mortgage

common

American

Electric

bonds,

•Unlimited

tprior

the

the

of

1949,

March

on

Net

company

Authorized

Common

of

amounted

period

2,564,923
$8.89

be

to

concurriently

company

of

will

$25).

3?.r80

income

1,

at

12-month

retention

and

substantially

company that the
will not result in any such tax
liability.
The capital securities giving effect to the
present
the recapitalization and reorganization of the
company,

May

bonds

Maynard H. Murch & Co.

2,000,000

assets

assets

31,

from

Act

1st * mtge.

1979 series

$167,924,200

reported

ry.

and

subsidiaries

Gas

net

net

Net

1979

under
Section
11
of
the
Public Utility Holding
of 1935 has had the effect of
reducing the tax basis
to American
Gas & Electric Co. of the securities
to be surrendered
to
the
company
to approximately
$687,000.Although certain rep¬
resentatives of the Bureau of Internal
Revenue at informal discussions
have intimated that as a result of such
reduced tax basis to Amer¬
ican

$2,000,000
2,000,000

1949

March

Net

the

company will issue and deliver to American Gas
339,960 shares of common stock in
exchange for all

disposition

Federal

the

on

3.

Total
on

the

the

of

notes.

Net

Beane

allowed

were

l-for-4

a

that

offering will be used to reduce outstanding shorta
revolving credit agreement, the company had
$63,000,000 of short-term notes outstanding on March 31, 1949.—V. 169,

semi-annual

May

8,922 000

sale

resources

to meet
the year 1952.

bonds,

(par

Co.

and

Company

on

decided

March—

requirements

program

$10,659,000.

the

presently

former

the

company

the

of

its

end

presently

The

$1,070,054

$1,517,868

reported on March 31, 1948, it is disclosed by
reports of Keystone Funds B4 and SI, made public
The number of share-holders of the 10 funds in March of
this year reached a new record total of 51,100.

treasury

"

than

prepayment

the

capital

stock

Electric

of

of

distribution)

net

through

s«rP>s

reorganization
&

Proceeds

an

all

payable

authorized

company's

ccmDany will be used
and improvements to the

SECURITIES—American Gas and Electric Co.
owned

reorganized

of

the

over

the

—V.
cost

(other

company's

enable

1979

common

the

currently through provision for depreciation

1948,

its

the

the

program

CAPITAL

Dec.

that

the

earnings,

cost

and

distribution

bonds, after

accumulated
of

$406,784

stockholders

share

per

have

unissued.

remain

450,363

$569,361

$50

Co.

____-,

expected

together

457,569

$501*,007

.__

&

31,

377 000

facilities

is

494,077

Common

at

directors

169, p. 1885.

March

V.

Trust

the

is estimated

follows:

as

(transmi sion

Transmission
Other

1952

to

of

additions

CONSTRUCTION PROGRAM—-The
for the years 1°49
through
This estimate is allocated

Substations

The

Keystone Custodian Funds, Inc.—Assets Increased—

an

remaining proceeds will
and
together with other

funds,

stock

new

$1,520,417

521,229

Brothers

Combined

19,

was
organized in
Kentucky July 21, 1919.
operating electric utility company and has its
principal offices at Ashland, Ky.
Company is an integral part of the
Central System of American Gas &
Electric Co., which Central System
has
been
determined by the SEC to constitute a
single integrated
utility system under the Public Utility Holding Company Act of 1935.
PURPOSE—The
net
proceeds
(estimated
$9,989,706)
are
to
be
applied, in part, to prepay without premium
$5,500,000
of
notes
payable to banks, due Dec. 31,
1950, representing funds borrowed
for construction
nurposes,
which, excluding accrued interest to date
of prepayment, will
require $5,500,000.

to

$864,354

deduct'ns_

interest

Fenner
—V.

COMPANY—Company

,

2,548

$1,063,438

Period End. Apr. 23—
194S—4 Wks.—1948
Sales
$63,706,365 $63,478,323

3s, were:
Halsey, Stuart & Co. Inc., 100.55991; White, Weld &
Co.,
100.3691; The First Boston C^rn.. 100.319; Shields & Co.
and Salomon
& Hutzler (jointly), 100.2837.

is

3,887

$1,122,236

Glore, Forgan & Co

100,000

s

as

It

$860,466

11,170

basis.

Lehman

Bros.

and

$1,052,268

Equitable Securities Corp. 2,000,000
Merrill
Lynch,
Pierce,

v'L'uv/:

1,000,0C0

1885.

p.

issue

Union

310,689

unsubscribed.

250 000

Kentucky & West Virginia Power Co. Inc.—Bonds Of¬
fered—Glore, Forgan & Co. and Lehman Brothers jointly
headed an
underwriting group which offered publicly
May 5 a ne<" issue of $10,000,000 first
mtge. bonds 3%
series due 1970. The bonds are
priced at 100.99 and ac¬
crued interest to yield
2.95% to maturity.The

372,221

UNDERWRITERS—The names of the underwriters and the
cipal amount of bonds underwritten by each are as follows:

In

calendar year

1948, more than 95% of the total energy out¬
put of the company and the
subsidiary was generated in plants owned
by either of the companies.

The

annual

distribution

facilities.
the

447,066

'

(which, upon
completion of the proposed financing, will constitute all long-term
debt
outstanding) will be $300,000.
The recapitalization and reor¬
ganization of the compay will result in an increase of Federal income
taxes, computed at present rates, in the amount of $77,202 on an

inter¬

of

operatives, and two other electric
utility companies through interchange
arrangements. In addition, the
company and the subsidiary at Dec. 31,
1948, furnished electric service to 13,437 rural customers. The electric
system of the subsidiary includes four
generating stations with a total
capacity of 25,596 kilowatts and
approximately 443 circuit miles of

For

Annual

on

subsidiary
which

service

459,751
217,243
29,999

29,987

income

Kansas

over,
and
13 generating stations
capacity of 146,016 kilowatts. Retail electric service is sup¬
132 incorporated and 108
unincorporated communities.

a

The

&

in the pur¬
entirely within

central portions of the State of Kansas
'through
system, including apprcximately 1,450 circuit miles

lines

having

502,123
248,278

$1,092,249

income

Net

generation,

and

connected

44

Trust

promissory note
payable on Dec. 20,

annum

BUSINESS—Company
Company

subsidiary, whose principal office
eastern

are

contem¬

Harris

transmission, distribution and sale of electric
energy and
chase, transmi" sion, distribution and sale of natural
gas
the

212,950

585,963

company has announced nearly 99%
of its offering of 784,235
shares of ($25 par) common to stockholders has been subscribed.
Total subscriptions
were
for
774,582 shares, leaving 9,653 shares

Louisville & Nashville

COMPANY

March,

1948.

does

from

1949.

in

304,572

507,708

income

unsecured

an

per

:

~

■

income____

Total

connection

$10),

providing for

2,765,615

357,824

income

Gross

•"

---

its

which

3,202,340
263,575

tax

taxes

Other

1948 the company sold 500,000 shares of its common
and 700,000 shares of its common stock (par $5), bo
parent at an aggregate price of $8,500,000. During the same
period
ttoe company and Bankers Trust
Co., New York, entered into an agree¬
(par

3,888,465

$6,500,000

with
the proposed merger or
and the subsidiary, the presently author¬
the company will be increased and reclassified.

of

$5,514,118

term

26,450 shs.

in

The

$5,449,006

369,310

tax

profits

exc.

Other

of the company

common

stock

Federal

Monday, May 9, 1949
Liggett & Myers Tobacco Co.—Stock Subscriptions—

1945

1946

$6,636,161

688,235

Operating

68,865 shs.

._

that,

_

income

3,800,000 shs.

$100)_________

preferred stock

consolidation
ized

(par

_

_

1947

$7,825,609
4,808,154
359,950

—

Depreciation
Federal

Kansas Electric Power Co.:
1st mtge.
bonds, series A, 3Vz%, due
Dec. 1. 1966
$10,000,000

Preferred

Maintenance

10,000,000

4,000,000 shs.

.

__

CHRONICLE

EARNINGS FOR CALENDAR YEARS

OF

revenues

Operation

200,000 shs.

—

stock

Operating

$24,523,000

10,000,000

___

FINANCIAL

1948
3

series

'Common

SUMMARY

&

Outstanding

Kansas Power &
Light Co.:
1st mtge.

COMMERCIAL

by the

are

issued.

series

bonds,

so

shares

that

of

its

com¬

per

after

common

1949

taxes

estimated

ment
as

and/or

for
Sales

the
in

Federal

taxes.

excessive

year

cost

1948

*$3,895,761

share

$3,156,532

$1.52

$1.24

—

•After charges of $679,207 for
depreciation,
administrative,, sales, research and development
for

Mar-Tex Realization Corp.—Files With SEC—

The
of

special

new

$2,380,531
expense,

charge

facilities

for

was

for

at

general

and $3,678,075

property
the

replace¬

same

rate

1948.

the first quarter of 1949 exceeded the business of the same
last year and also the final quarter of 1948, John D.
Biggers,
President, reported.—V. 169, p. 1115.

quarter

The

company

on

April 28 filed

a

letter of notification with the

SEC

for 35,000 shares of common
stock, to be offered at market. Under¬
writers, Chas. B. White Co., Houston; First Southwest Co. and Rauscher
Pierce & Co., Dallas. Proceeds go to Bennett L. Wooley, a stockholder.

Marshall Field & Co.—Earnings—
Three Months Ended March 31—
Net
Net

Net

Net

sales

1949

income

per

preferred

income per com.

share

share, after pfd. dividends

$45,007,964

1948

772,288

;

income

$48,469,895
1,813,562

$5.15

$12.09

$0.32

$0.85

Volume

Hughston M. McBain, President, at the annual meeting
on April 26 said in part:
"For
the
first-quarter of the year, net sales volume was 7.1 %
in
the

r

,

in

profit

169,

•'»

Net

93,640
$0.48

■

sales.

March

affected

SEC

borrow

to

gas

November..

the

will

and

March—

pre-Easter

retail

Net

-

from

Net

ry.

"■£

Gross

continue

Floor,

has

as

Merchandise

Krogh,

elected

been

from

Net

ry.

Gross

9,343

36,436

514,731

488,786
201,786
93,628

394,466
101,554
38,869

income

oper.

170,360

62,871

ry.

McBain

Mr.

well

under

said

''

,

the Field establishment in Europe to be

he expects

incor.ie.__ '

oper.

"Deficit.—V.

1C9,

333,543

ry.

written,

in. 1947.

-

.

interest,- dividends and rents earned for 1948 totaled $1,258,613,
ol $192,666 from the figure for the previous year.
Net

increase

income

oper.

169,

.

p.

—V.

admitted

and

States

before

operations

assets

increase

an

were

the

year.

$3,867,184

Bonds

Government

for

$48,823,859, a new
Cash and United

Mfg. Co.

and

voluntary reserve, was $13,387,328.—V. 167, p. 747.

from

Net

ry.

,

.

...

railway
railway

from

Net

From Jar..

from

on

shares

April

($1

—V.

Merck & Co., Inc.—Registrar
Hanover

transfer

Bank

registrar

Central

appointed

and

for

agent

&

160, p. 329.

stock,

from

Net

ry.

New

value.

See

$4

V.

169.

$178,230
54,714
20,809

.

from

Gross

from
ry.

—V.

;

■'/
509,954
146,498
49,454

•

income

before

$17,996,506

_

income

Federal income

$16,938,964

$12,124,238

3,624,846

3,912,482

3,570,705

1,377,997

revenues

Profit

1,486,743'

1,356,868

taxes

taxes—

from

Net

Net ry.

profit

$2,246,849
645,000

outstanding

$2,213,837
645,000
$3.43

$2,425,739

$3.48

—

—

shares

$3.76

Earnings per share

645.000

169,

t

income

Net

from
ry.

19,229,227

railway

income

4,340,859
1,351,270
1886.

stockholders
been

The

slate

new

22,

had

of

April

after

receive

board

greater

directors.

of

The

May 4 when
meeting had

Members

is

composed

the

of

13

nominees

of

an

of the
reached
of votes showed the committee's nominees
number of
votes
than
the
management's
and

eight

of

determined

was

by

nominees

comnromise

a

the

of

composite

slate

have

they Intend

declared

to

Sol

they

P.

said

have

An

Fink,

the

after

$5,055,313
408,925

442,369

"45,792

17,664,319
1,398,207
1,118,093

15,307,373
3,244,158
1,108,974

14,838,324
3,324,323
1,307,028

directors'

meeting

will

held

be

May

from

Gross

Net

from

Net

ry.

—V.

Oper.

169,

trustee

162,

p.

Trust

Co.,

New York,

N.

Y„

income

Operating

25-year 2J/2%

refunding mortgage bonds, due

12.

12 Months Ended March 31—

1949

revenue—gas

purchased

resale..

Amort,

of

_

„—

utility plant

local,

acquisition

and miscell.

income

tax

Federal

adjustments^

Earned
—V.

Other

income

Gross
Total

income

income

Net

(net)

income
deductions

income

169, p. 1335,




;

taxes

—
-

107,147

210,000

210,000
$0.51

$0.56

share

per

117,731

March—

ry.

1948

"93,762

$501,591
173,180
"21,507

oper.

1,758,211
674,804
46,991

1,949,357
860.460
* 209,633

1

income—_

From Jan. 1—

Gross

from
ry.

railway
railway

Monroe

...

income

oper.

•

1946

.

169,

p.

1671.

v.

,

i//:

1,982,887
1,034,828
437,332

1,814,979
882,567
401,092

application, to be held in its Chicago Regional Office on July 13.
According to the application, there were outstanding on March 1
15,532 shares cf preferred and 84,325 shares of common stock.
Of

64,399

57,428
2,936,195

officers

453,116

323,504

$6,737,709

$2,984,162

1,960,948

1,407,615

$1,576,547
i

j.

.

■

.

-

the common shares,
and

419

different
different

64,089 shares

directors
persons.

of

the

this

Co.—Earnings

1949—3 Mos.—1948

$17,295,064

25,193

68,812

77,933

$5,964,476

$19,505,743

4,558,688

15;704,562

$17,217,132
13,667,807

,

$6,557,219
5,355,984

_

653,394

1947,

'

119,
;

•

721,907

-

$547,841

2,057,492 "

$S83,881

1,931,830

$1,743,689 ' $1,617,495
1,186,263
1,122,668

•

346,300

509,451

ry.

railway

.

/ $3,116,647
555,899

railway
____•
oper, income—J

;

;

.

1948

,

$2,723,306

$2,661,414

491,143

"322,155

,

294,712

197,456

'165,998

f" "538,048

8,122,421

8,889,228

7,565,514

7,446,389

railway—

1,732,350

1,521,155

1,252,809

-389,110

income—

794,769

542,667

452,513

"60,591

From Jan.

from

.

//"

1—

from

ry.

1947

1948

$2,871,725
667,966

:

from

Net

1949

.

from

Net

railway

oper.

-

1671.

National Casualty Co., Detroit,
April

26

letter

a

Mich.—Filing—

notification

of

3,500 shares of capital stock, to

with

filed

was

Continental

of

Casualty Co.

the

SEC

for

be offered at $27 per share, for benefit

Underwriter,

Geyer

&

Co.,

Inc.—V.

167,

1473.

p.

corporation, it was announced May 4, has sold to The
Metropolitan Life Insurance Co. $6,000,000 4% notes, due
May 1, 1964. The sale was negotiated by Van Alstyne,
Noel

&

Co.

Proceeds from

the

sale

of these

securities

capital.

Debentures Called—

/

All

of

the

1,

1959,

sinking fund debentures due
redemption on June 6, next, at
will be made at the Marine
Midland Trust Co.
of
New
York, 120 Brcadway, New York, N. Y.,
of
the full redemption price.—V.
169, p. 9
and

outstanding
have

interest.

National

15-year

5%

been

called

Immediate

Distillers

for

payment

Products

Corp.—Trustee,

Etc.—

Bankers

The

Trust
Co., New York, N. Y., has been appointed
paying agent and registrar for $40,000,000 37/s% sinking fund

debentures

due

April

1,

See offering in V

1974.

169,

p.

1887.

Chairman Elected for New Chemical Unit—
election

chief

is

the

F.

B.

Executive

the

of

member

New

Products

Corp.

Jr.

as

Chairman

of

the

Board

of

Na¬

Corp., the new chemical
subsidiary, was
Davis was formerly Chairman of the board,

Mr.

officer

and

the

of

Davis,

Chemical

May 5.

on

Director

a

Trustee

tillers

of

Distillers

York

and

United

the

of

Trust

the

of

States

finance

Co.,

Rubber

Equitable

Co.,

commitee.

Director

a

Life

of

He

which:

of
is

also

National

Assurance

a

Dis¬

Society

of

United States.

Seton Porter,

President

National

of

unit

of National

Distillers Products Corp., is

Chemical

Distillers
John

are:

K.

Other

Corp.

officers

also

of

the

Motfett,

which initially will manufacture me-i*;
incorporated in January this year.
on
a
$10,000,060
plant
for the chemical corporation in Ashtabula, Ohio.
It is expected that this plant,
which will have.a
rated capacity of
18,000 tons of metallic sodium
and 27,000 tons of chlorine annually, will be in operation by mid-1950.
Principal offices of National Distillers Chemical Corporation are at
120 Broadway, New York, N. Y.—V. 169, p. 1887.
tallic

new

chemical

sodium

Construction

and

is

subsidiary,

chlorine,

now

in

was

progress

(& Subs.)—Earnings—

(approximately 75%) were owned by
and the balance was owned by
stock was said to be owned by

persons.

2,250

common

Net

sales

to

1949

1948

$40,400,724

"

,

customers..

Cost of

manufactured

Selling,

administrative

Gross

Other

purchased goods—_

and

$31,196,957

30,378,731

24,729,016

4,910,769

4,305,638

$5,111,225

and general expenses

profit

$2,162,302

174,595

-

82,733

$5,285,820

income

$2,245,035

company

The preferred
shares

and

400

'/".'■■■■J:--

■

income

Total

Prov.

225,543

for Fed.,

State and
net

Consolidated
Balance

surplus

Total

foreign taxes on

income

1

-

Dividends

on

4'/2%

on

common

surplus

207,113

800,000
$1,237,923
15,856,991

25,946,903

surplus

Jan.

Dividends

Balance

inc..

2,000,000
$3,060,277

deductions

Other

>

preferred
shares were
traded, while in 1948 1,710 common shares and 400 preferred shares
were traded. • During the same years,
1,437 common
shares and 1,072
preferred shares were traded in the over-the-counter market. The
management believes "that the purchase and sale
of its preferred
and
common
stocks
may
be adequately handled in
the over-thecounter market.".
The Chicago Stock Exchange has waived a require¬
ment of its rules which would have made withdrawal of the securities
conditioned upon approval of the holders of the securities.—V. 151, p.
2153.

of

1980.—V.

$5,989,669 $19,574,555

/ 23,229

rev._

National Supply Co.

has made application to the SEC to withdraw its $3.50
cumulative preferrence stock,
(no par), from listing and registration
on the Chicago Stock Exchange.
The SEC has ordered a hearing on the

1,828.221

334,552

/

existence

17,

company

2,450,820

$2,660,658

of

Jan.

,

Chemical Co.—+Would Delist Stock—

2,729.166

$6,284,593

>'

' '

.

term

Nashville Chattanooga & St. Louis Ry.—Earnings—
March—,

The

$748,437
$623,067
413,534
300,465
205,233 ' 7
138,307

•

from

Net

1947

1949

.

railway

railway

9,396,459

,

the

until

or

Vice-President: T. A. Clark,
Secretary and Treasurer and P. J. Ferrara, Assistant Vice-President.

$406,311
85,516

.

from

from

r

Articles of :

the

1671.

President

20,457,170

$4j776,761

extend

1919—Month—1948

chargfes

chemical

The

1,977,913

;

to

years,

$6,580,448

____

income—..

169, p.

he

$1,665,955

169, p. 1781.

In

Operating

30

expenses

after

and

1948

1949

15,817,889

3,147,975

taxes

payable

voted

taxes

announced

$1,841,848

318

Federal

42,653,368
9,021,715
4,672,596

9,025,486
——

Depreciation
State,

47,742,531
12,156,534
6,192,614

2,051,859

for

_———

Maintenance

April 26

on

3 Months Ended March 31—

1948

$41,099,280 $40,121,503

—_

oper.

oper.

The

No. of common shares——

Net

for the

Michigan Consolidated Gas Co. (& Sub.)—Earnings—

Operation

'

50,481,872
9,459,458
3,913,344

1886.

p.

"Deficit.—V.

Operating

50,702,691
10,898,970
5,374,694

railway

railway

sales

Net

appointed

has been

revenues

Operating

trustee,

Net profit after charges &

.

Manufacturers

1970.—V.

income
1—

Quarter Ended March 31—
Net

Gross

Metropolitan Club, Inc.—Successor Trustee—
successor

1946

1947

1948

1949

oper.

Net

The

also

another

revenues

tional

also

See

9.

for

Uncollectible

$17,755,769 $17,391,706 $16,397,330 $14,545,571
4,216,077
3,418,853
3,993,251
787.976
2,149,367
1,577,160
1,890,753
.' 97,410

railway

railway.—

oper.

v",' '•//_ ;

./•..

meeting hold

,

Operating

April

.

Monongahela Ry.—Earnings—

1781.

p.

ry.

been before."

ever

organizational

169,

Net

elect

Chairman of the independent committee and a
meeting: "We plan no change in policy.
The
prospects of the company in its long-range program are brighter than

—V.

$5,417,142
1,235,366

477,553

;

Monarch Machine Tool Co.—Earnings—

Hehry Cotter President to succeed Frederic E. Lyford,
whose
resignation became effective on May 4.
Mr. Cotter is Vice-President
of Blythe Brothers Co., a construction firm at Charlotte, N. C.
Col.

from

From Jan.

Carl

director,

Net

r

,

'■'!

$6,193,609
1,302,160

v

committee

division
count

a

"a

nominees"

corporation was settled on

25.

dierctors

of

stockholders'
The

this

21-man

a

from

management.
April

control

elected

recessed

independent

Gas

1946

RR.—Earnings—

1

from

the

in

of

taxes

will be used for additional working

railway———

March—

for

taxes

National Container Corp.—Sells Notes Privately—The

1—

Missouri Pacific

V.

717,439
246,513
115,743

1947

1948

621,810

income

"Deficit.—V. 169, p.

Gross

for

stockholders

"Deficit.—V. 169, p.

RR.—Earnings-

$6,696,545
1,779,431

railway

oper.

$0.24

$200,000

:

•

railway

Jan.

of

Federal

Mountain States Telephone & Telegraph

,$268,637
71,736
29,631

$323,122
147,570
77,756
886,916
392,126
199,571

1,063,075
452,478
224,678

1,071,741
430,917
235,427

1-671.

oper.

Net

Merritt-Cliapmari & Scott Corp.—Directors Elected—
contest

after

•

were

Period End. Mar. 31—

.(,1946

1947

604.

p.

tAfter

' $0.74

/•

amount

net

and

1946

t$199,459

1336.

p.

105

—V.

A

The

corporation

Net

$365,575
139,750
68,924

1949

from

Gross

Net

the

Inventory depreciation,

.

outstanding, with 1.000.000 shares authorized.

On

railway—

p.

from

From

Capital

$0.79

in

reserve

a

1947

"$628,252

,

railway

oper.

169,

Gross

Total

379,312
83,344
22,325

478,736
136,683
46,508

1—

March—

1947

1948

of

$0.78

-

-A:,

/'v

'

1948

t$670,983

amended to eleminate the authorized preferred^stock,
none of which has been
outstanding since 1928. The authorized capital *.
stock now consists only of common stock of which
845,752 shares are

Gross

v;-'/

1948

.1949

Missouri-Kansas-Texas

(Including Wholly-Owned Subsidiary)
1949

1949 4

stockholders annual

Incorporation

$137,036
38,723
17,687

Meredith Publishing Co.—Earnings—

9 Months Ended March 31—

$0.61

outstanding preferred stock.

on

$665,905

share.

$498,114.

—V.

$179,164
46,550
13,664

(

$365,812
136,408
78,861

railway

oper.

Net

1781.

p.

requirement

1946

RR.—Earnings—

railway.:

Jan.

From

Lawyers Trust Co.,

shares

70,000
par

no

324,026

$0.34

stock

common

taxes

deduction

the

Gross

.

from

Net

preferred

after

com.

per

Net

1947

1670.

p.

Net

York, N. Y., has
New York, N. Y., as
cumulative convertible second
Co.,

-505,006
171,720
51,534

'

income.

March—

Appointed—

Trust

railway

railway

oper.

169,

Gross

The

share of

per

1

'

1—:•

Missouri Illinois

to be offered

common,

at $6 per share, without underwriting.—V.

been

At

Net

letter of notification with the SEC
for Gilbert J. Snyder

18 filed a

par)

from
ry.

$210,276
.
62,174
22,797

'

income

opev.

Net

7,500

general' profit sharing plan.

'

Mississippi Central RR.—Earnings—
1949
.i.
1948

Net

The company

1

4

March—

Gross

Mastic Asphalt Corp., South Bend, Ind.—Files—
for

$2,075,280 '
"397,880
"571,264

$2,641,955
539.230
318,596

Employees Share in

—

1948

$6,963,338

190,707

Charter Extension Approved—

1946

1947

1948

•

1949

$6,591,227

•

'

surplus

.Total surplus to policyholders, including capital of $2,500,000,

150,447

earnings

Net

assets.

of

52.57%

were

•

174,811

191,746

of

Federal

at the. close of 1948
of

230,022

174,472

$199,459,' which Included a tax
carryback of $432,000.
JAfter provision for Federal taxes of $584,736,
and inventory contingency of $200,000.

6,740,839
6,788,542
6,691,579
5,584,457
"544,451
"630,642
599,075
"463,643
"1,226,344
"1,289,597
10,263
"936,803
1454.
/■./-';//;.
/• .J:

1670.

135,629

156,559

future

;

169, p.

Gross

Total

high,

' *

by the company under provisions of its
v

-104,865

„

"After

this company's profit sharing plan totaled
over
$200,000 Tor the first-quarter'of
1949, it was announced on
May 3 by W. L. McKnight, President. Profits of $3,000,000, according
to the firm's latest report, have reached an unprecedented high level.
A total of 6,500 employees at 27 plants and offices located in 15 states
received checks. This was the 49th consecutive quarterly payment made

income
taxes was
$871,292.
Adding Federal income tax refunds, less taxes incurred, the net gain
for the year was $1,287,658, equal to $2.57 per share on the 500,000
outstanding shares.
:
from

gain

56,373

718,709

income—_

possible

Employee benefits under

reports for 1948 a new high total of $29,759,356 in net
and a sharp reduction from the previous year in
statutory underwriting loss, which decreased to $387,321 compared with ;
Not

820,968

sales

Earned

1—

railway'

railway

from
ry.

1949

Profits—

The company

an

647,986

Quarter Ended March 31—

448,615 ' " "38,335

$2,553,590
$2,349,502
-122,526 ~
"106,308
"'83,16G
"338,052

income

oper.

from

Gross

."Deficit.—V.

1948—

$1,938,734

641,958

75,631
"

Moore-Handley Hardware Co., Inc.—Earnings—

Net

3,674,427
322,391

4,298,748
1,117,850

railway..—__ "r

from

Minnesota Mining &

premiums

60,973

railway——

amount

'

railway

from

Net

Net

Insurance Co.—Reports for

&

37,167

;//r Motor Wheel Corp.—Earnings—

1886.

p.

V"

March—'

Gross

Net

fall. Imported goods have played an increasingly:
important part in Field.plans since the war, and the current expansion
plans will continue that trend, he added.—V. 168, p. 2543.

Massachusetts Bonding

40,022

$267,035

1946

$1,284,875
"59,663
"131,886

Minneapolis St. Paul & Sault Ste. Marie Ry.—Earns.—

•

From Jan.

:

.

by

way

$1,584,017
476,102
202,436

4,578,021
805,676
291,235

4,655,196
849,920

railway

railway

from
ry.

Net

will be established in London, Paris,
1

income

oper.

Net

widespread European operations that
have characterized the store's activities for over 30 years, with only J;
wartime interruptions. This announcement by Mr. McBain was made >
simultaneously
with
the
firm's resignation
as
a
member
of the
foreign buying offices of the Associated Merchandising Corporation.,,
Hilton Thorpe prewar head of the Field's European offices, will be¬
come acting Manager.
/
/ •.
ivX',

.

'

"After quarterly dividend
—V. 169, p. 1229.

1947

1948

$1,585,972
275,906
90,097

$1,629,021
303,375
122,801

railway

railway

from

Gross

"

'

71,752

Net income after taxes—

From Jan. 1—

Vice-President.

•

1946

$255,862

>■• 2,335

railway.

oper.

"Earned

1S49

from

from

Net

Budget

store's

1947/'.

$147,137

19,588

Quarter Ended March 31—

169; p. 1453.

March—
Gross

Operations in Near Future—

.Major Field offices in Europe
ahd other European markets. ,

$0 84

169, p. 1671.

Net

Minneapolis & St. Louis Ry.—Earnings—

Net

from
ry.

—V.

,

railway

from

Net

"1,012

1947
$185,854
79,941

1—

railway

"Deficit.—V.

is resuming the

company

'

' $172,533

,

income—

oper.

Net

470,320
121,895
27,144

26,690

income

opor.

from

Net

To Resume European
This

ry.

1948

1949

1

,

railway
railway

from

Net

',1946
$140,483
16,907
3,542

railway

Net

Mc¬

be

Chicago

the

of

Manager

Divisional

a

will

Palmer

Mr.

4 274 965

RR.—Earnings—

from

Net

-

1948
$165,976
36,014

1949
$157,596

railway-

Jan.

From

Gross

V;;

.

from

Gross

was

named. Mr.
the company's chief administration officer.
to

successor

no

4,274,965,,
T,
$0.97

_„—

From Jan. 1—

Midland Valley RR.—Earnings—

;

Chairman

eliminated

•

1454.

Montour

off-peak months of April
be represented by bank notes
months.—V. 169, p. 1670.

for storage during
The borrowings would

purchase of

maturing in not more than nine

L.
Palmer,
formerly
Executive Vice-President, has
been
President,
succeeding
Hughston M.
McBain, who becomes
of the Board. The office of Executive Vice-President was

James

share

1948

—

shares

common

169, p.

March—

Changes in Personnel—

Egil

per

of Consumers Power Co.)
has received
during 1949 up to $2,200,000 to finance

(subsidiary

company

authorization

until

satisfactory.
us a fairly good
in our Fieldcrest
Mills
Division
which
declined sharply during the
first-quarter, has
failed thus far during April to show signs of recovery. Billings con¬
tinue
at a
slow
pace
and it «is probable that the results in this
division will be unsatisfactory during the months immediately ahead."

elected

1949

—$40,893,943 $38,473,744
4,461,608
3,805,588

taxes—

Michigan Gas Storage Co.—To Borrow—
The

in all

l ,'/•

;

The bulk of our
business came in April
this year and the volume
Protfit for the month in our retail units should give
start in the second-quarter. However, sales volume

Bain

of

Earned

a

adversely

after

earnings

Number

1886.

p.

Co.—Earnings-

Sales

—V.

disappointing January net income improved during Febru¬
ary
and March. In fact March results, except in Fieldcrest Mills,
showed marked improvement and did not compare
too unfavorably
with
the same month in 1948,
although the late Easter this year
"After

$1,017,767

9

'

,

marked decline in net income.

per

"Revised.—V.

parts of the company, high labor costs and various fixed charges made .
the
it impossible to reduce them sufficiently for the full quarterly period.-y:
to prevent a

91,809
$0.47

Federal income taxes—•
common
share-——.
-

after

Earnings

market

where

which had obtained over the last three years

expenses

Net

able to reverse the upward

"Although by the end of March we were
trend

industry

textile

general

sales

Quarter Ended March 31—

"1943

$1,364,363

Net

Fieldcrest Mills Division

company's

the

pattern of the
activity had begun to decline in 1948.

followed

Monsanto Chemical

1949

3 Months Ended March 31—

Substantially all this decrease !
whose experience

similar period in. 1948.

under that of the

(1993)

Michigan Bumper Corp.—Earnings, Etc.—

.

held

occurred

CHRONICLE

FINANCIAL

&

COMMERCIAL

THE

Number 4801

169

cumul.

preferred

stock

stock

March

$29,007,181 $17,094,914
182,756
185,513
573,784
358,616

$28,250,640 $16,550,785

31
f

of America 1 VaVc cerreceivables, $18,379,738; .invenStates

United

811,128,473;

of indebtedness, $4,000,000;
$40,760,324; investments and other assets, $1,974,852; property,
and equipment, $28,094,572; deferred charges, $221,832; total,

tificates

plant

,

.

•'

1'-'•■•

■

•

from

Net

ry.

—Year to—

—4 Weeks Ended—
I

1948

of

number

663

to

Inc.—April Sales 32.5% Higher—
1949—Month—1948
1949—4 Mos.—1948 ■>
$5,236,140
$3,952,025 $16,189,714 $15,115,443

Neisner Brothers,
6aies

—V.

169,

;

'49 Apia 24, *48

stores

Period End. Apr. 30—

1564.

p.

%

*103,312

—V.

Net

railway

1,644,904

-

from, railway—
oper. income.!-

Net

"Deficit.—V.

169,

.:

1,622,528

140.293

*96,31).
*408,430

*513,005

*257,232 :.

The

leaseholds

thur

Dewing,
stock

Mass.,

Newton,

of Ticonderoga

2,325

non-affiliate,

a

shares

"Net

declared an extra dividend of 15 cents per share
dividend policy with the declaration of a quarterly
per share on the common stock, both payable
May 25 to holders of record May 11. Previously the company paid
dividends on an irregular basis.
.
■
j L
The corporation on Jan. 5, last, paid 25 cents per share, which was
the same as paid on Jan. 5 and May 28,. 1948.—V. .169, p. 1564.
;

Period End. Mar. 31—

Oper.

and

exps.

'Atlas

f

$2,562,485

$1,147,053

$2,493,059

12,684

43,696

50,861

$1,451,481

$2,575,169

$1,190,749

$2,543,920

314.984

292,766

1,175,279

•'•1,142,838

$1,136,497

income

bef.

inc.

$2,282,403

$15,470

$1,401,082

.,...

approp..

income

net

Electric Association—Output— •
Association reports electric output l
decrease of 780,990 kwh., or 5.45% belOW •
production of 14,321,089 kwh. for the corresponding week a year ago.
Gas output for the April 29 week is reported at 163,119.000 cu. ft.
This IS a decrease of 11,973,000 cu. ft., or 6.84% below production of
175,092,000 cu. ft. for the corresponding week a year ago.—V. 169,
New England Gas &

week ended April 29,.this

the

13,540,099 kwh. Thig is a

1887.

p.

•; l

>■

.

■

>

Jr;;;,,/-.-'

'

Gross

Net ry.

railway—1.!_

405,519

462,694

income—

177,300
2,495,792

income

250.000

$2,132,403

*$234,530

is

..

.

..

.

Net

ferred

railway—-—-

from
ry.

1,057,963

income—

446,611

The directors have

;

169,

income
holders

the following dividendsrfrom

v>

11-2S-48 "r"

.!:*2-25.-49y:

y,\- 5-25-49

$0.10-

:

Automobile
Aviation

Building

.09

'!

$0.12

..15

.07

.09

supply

*

.10

}

,

.07-

! !>■

.12

-

:08

.10

.20

-

.09

.18

:

;

.

Net

.10

from

■-Gross

Net

L

Net

.13

;

Net

ry.

v

Gross

•;

1

<

.06!

j.

.17
.02

-

•

-

•

'

.

.

L__
Inv.

•

Fund

Ind.

.10

•

-

Net

ry.

953,337

854,327

799(392

—V.

i

"

-

834,314

Net

200%

Net

* ';

.18

£

.19

.04

■■;

v%\."

Certificates Of¬
associates won the.
award May 5 cf $10,725,000 2%% equipment trust cer¬
tificates, dated May 15, 1949. and due $715,000 annually
May 15, 1950-1964. The issue was reoffered immediately,1
subject to ICC approval, at prices to yield from 1.50% to
2.85%, according to maturity.
the offering are R. W.

in

Associated

.>

Y!

•

.18

.07

-•

..

T.15

-

•

,

Pressprich & Co.; A. G. Becker

issue

The
rate

awarded

was

Salomon

were:

Inc.,

and

011

a

■'..

j

-22

Other bids for a 2%%

99.0977; Harriman Ripley & Co.,

(jointly),. 99.027.—V. 169, p.

•■

.15

,13

*23

r-

,:f;

1010.

169,' p.

Net

ry.

v/,15

1949

Net from

•

1947
f

64,392

1946

$214,063

67,900

v

95,509

1

Net

81,296

railway

from

Net

oper.

ry.

—V.

169,

p.

50,834

,125,080

677,218

560,969

169,218

137,022

ry.

'

67,747'

75,197 '

22,221

75,354

29,153

330,957

256,311

371,099

Hartford RR.—Earnings—

1949—Month—1948

1949—3 Mos.—1948

$12,709,494 $14,910,761

$37,709,097 $41,628,627
30,491,778
35,966,178
2,707,000
3,210,000
863,733
2,119,369
1,374,233
1,434,029

Majr. 31—

Taxes

•

-

Ship

44,916

*11,934

income—
169,

'.'

1887.

p.

rents

1,012,000

ry.

oper.

income

Operating

243,477
!

(.Dr)

incomeFixed chgs. & cont. int.
Net

10,023,591

—

facil.

Net

—

436,500
$993,926

621,901

11,526,010
: 1,070,000
698,048
530,552

$372,025

,V

79,159

Other than ry. opers.:
Non-oper. income (net)

1,857,670
$414,683
80.9

77.3

*$1,100,949
2,012,153

Fixed

income

chgs &

taxes—

■

•

•

■■

•

-

conversions

'

86.4

int.

$1,692,333

190,000

153,594

179~792

$52,202

cont.
,')

Net

$992,223

$585,300

90,000

t$405,508

"

'

Other

__i—

460,782

54l~019

$341,441

$1,151,319

p.

$424,227

income

"Deficit,

tOf

which

$279,420

1672.




was

$814,027
a

credit

1,006,073

6,254,414

3,510,080-

4,036,647

3,786,540

this

1,837,414

•

.

(Minn.)—Weekly Output-

for

company

kwh..

the

compared

as

week

with

April

ended

1949,

30.

for

kwh.

56.889,000

5.8%.—V.

increase of

an

the:

1887.

169; p.

-Earnings1947

1946 '

$627,124

! $678,431

$592,566

$349,281'

*7,712
v* 88,632

110,012

143,228

*164,453:

22,054

65,333

*211,077

1,701,528

1,835,924

1,620,416

*60,396

'222,223

344,678

*365,305.

132,119

*526,600'

balance

of

major

contracts

$19,634,171

—

unbilled

1948

r.

$756,124 *$1,961,783

adjustment.—V. 169,
i Jlrk *.Ui

railway

of the

$20,779,202

70,522,457 '
-12,174.

for the United

.

the

1949

7,

award

1949.':!

included

not

at-a

the

in

basic contract price of $67,350,000
foregoing. statement since it; was

subsequent to March 28, 1949.
elimination of the award for the

After

of

the

company's
'

"

v—
United States the unbilled

contracts

major

award-from -the Unitedof;, a passenger vessel

an

construction

the

for

States Lines Co.

is

received

company

Commission

Maritime

received

the ship was-

heavy aircraft earner United States;- work on

April

on

April

23,' 1949
■;

'

was

•

V%", V;1 '■ V::

frohi" long-term shipbuilding .contracts
on the percentage-of-completion basis; such income fof any period Will
therefore vary from the billings on the contracts. Billings and^unbilled
balances

government

on

which "might

—V.

feports income

company

contfacts

169; p. »08.

:•

•

Niagara Hudson Power
The

are

from * statutory

result

'J;

subject

'*278,531

169,

975,856:

1490

p.

Rubber Co.—Protective Committee^—

protective committee has
convertible

*36,963 \

debentures,

Coffin

of

formed

been

to

represent

of the

holders

April

due

&

'v.1:-J

^

Appliance

Inc.,

York—Stock

New

"'.V'V

\

Offered—

ibg (as

a

speculation), at $f.25
stock (par $1).
;
and

Transfer

1517), New York

agent,
N.

5,

are offershare 25,000 shares o£

per

' "

Novel

Appliances

Inc.,

Broad St.f.
v ■ ■

20

Y.

:

.

whose principal place of business is at 250 West 57th
St., New York manufactures,
assembles and sells an
unusual dish
towel holder,., under the trade name
of "E-Z Grip."
The holder -is
very
practical,
neat
and
handy
and
has unlimited
use
for
facetowels, wash cloths and dish towels in bathrooms, kitchens, nurseries,,
company,

.

suspended by the Department of-the- Navy on April 23,
On

income...

Norwalk Tire &

The

NOTES—The estimated

tion

;

^

railwayL..

Registrar

-

of

close

income..

"Deficit.—V.

(Room

1,662,940 .^1,337,077

the period.
1_
——-186,418,421
Number of employees at the close of- the period 10,773
the

at

profit

,V.;A

'arid

present in
The

a

bars and restaurants, • It retails
specially designed cellophane container for 50c.

and

advertising

working

sold

for

campaign,

capital.

approximately

$3,000

offices,

this financing is to provide funds for

of

purpose

sales
and

dentists'

It

repayment

of

the

purpose

contemplated

is

will

$1,000

limitation's, v

>r':'X''

machinery

entire

Landi, $7,000 for
equipment and the

for machinery and painting
development of a sales force and working capital;

is

issue

advertising.
for

balance

If the entire issUeproceeds will be used as received for organization
expense,
repayment of loan, development of a sales force, working,
capital and machinery in the order named. K ..
- ."
is

not

sold,

the

,

The

management

director;

is

C.

George

■'f

under

Baron

the

direction

Renzo

and

The;total, authorized!capitalization
stock

mon

and

of the

shares

goodwill

20,000

common

are

warrants

corporation has applied to the SEC for a six-months extension.,1
1, 1949, within which to dispose of its interest in Buffalo

the

organizationexpense,.

for

to JC}

loan

$7,000

There

Corp.—Asks-Extension^-;

if

at

extensive-,

an

additional

of

that

be 'used

of

5-year

It

stock

outstanding

issued

of

to

the

C.

at

"E-Z

Grip"

cents

5

was Ordered
by the Commission in Oct.,:t 1945, and"
compliance has been extended -from time to time and was

warrant.

per

•

shares

the

($1

purchase

"

'

'

par)'com¬
of

20,000"

May 15, 1950.
stock and ;, 15,000-

shares,, of .-common
consideration for

in

sale; of the 15,000 warrants

Co.)

par, exercisable only after

5,000

Landi

for

President and
contemplated that
Conte and Louis
will become addi¬

is

Italo

is: 100,000

warrants

,.

C., Landi,

Falco.

completion
of the
present financing,
Mattielli (of Ackerman, Conte, Mattielli &
tional directors.
■
•;
V.
;

any" adjustments

to

repricing 'and

doctors

upon

Nov.

product.

' "

~

Mr.

„

developmentAand
theat a price of
)

contemplated

Landi

after, May 2,' 1949,

or

op

the

■

...-

Such'divestment
the
to

time

for

.;\:V
.
.■ •■!
■■
,■
before the Commission a plan for'; consoli¬
Electric Corp., Central New York .Power
Corp. and""New York Power and Light Corp., the major subsidiaries
of Niagara Hudson,
as
well as a plan for dissolution of t Niagara
Hudson, which will own all of the common capital stock of ...the
expire May

dation

.

is

of

1,

1949.

Ohio

.

The

pending

now

Buflalo

dated

Niagara

of
,

.

surviving, single operating company.
Briefs and requested findings'
in
the
proceedings on such plans are due to be filed with : theCommission or before May 11.
-\%
f
The SEC has given interested persons until May 11
to request a <•
hearing on the application for extension.—V. 169, p. 1887.

stockholders

which
6%

has

Gross

from

Net

ry.

From

The

par
old

shares

from

par

1948

$757,158

$839,808

$697,286

173,431

228,359

123,968

1946

1947

;

income

■'*
.

$695,397
-

16,745

60,830

87,463

33,923

*56,969

2,189,493

2.191,813

2,131,880

1,955,641

472,592

424,607

398,107

273,260

157,571

143,717

104,935

37,190

1—

Jan.

rv.'

-Earnings^—

1949

■

railway

oper.

Net

Ry.

railway

railway

oper.

income

"Deficit.—V.

169,

of

been

p.

:
1673.

10
approved a plan of reorganization
provided for the merger with this company

Coal

&

Supply

Co.,

the surviving

corporation

Ohio River.Sand Co.,

as

authorized

an

Inc., a new Kentucky corporation,
capitalization consisting of 32,235 shares of
par

$20, and 100,000 shares of common

$10.
Ohio

7%

River

first

and

stock,

held

par

had

Co.

preferred

reacquired

preferred

Sand

issued

stock,
in

$50,

par

the

and

as

$100,

at

of

Dec.

31,

1948,

9,54T

which 5,249 shares
shares of 6%

treasury,-15,000

36,000

shares of common

stock,

$1.

Under

''

railway

from

Net

.'

"

from

Net

Southern

River

cumulative preferred stock,

stock.

had

March

on

23, 1947, which

subsidiary,

be known

to

•

Eiyer Sand * Co.—Plan of Reorganization Approved

Nov.

its

s'ecohd

Norfolk

Gross

Total Operations:

Net

of

1—

oper.

common

1,271,506

'949,430
«

_—!_

Totals

Estimated

;

•

income

766,795
*1,844,197

30,288,892:

Ackerman, Conte, Mattielli & Co., New York,
■

Mar. 28,'49 Mar. 29,'48
$10,640,735
$4,713,551
—_!!___.
6,381,066
13,457,068

repairs."

and

Three Fiscal Mos. End.

-

turbines and accessories..
work and operations—

March—

$295,796

*386,161

1,649,687

33,088,511

'*':*•'

*$3,113,102

,

Federal

672,381

33,900,601*

1, 1958.
Hollis T. Gleason, an
Burr, Inc., Boston, Mass., investment bankers, ia
Chairman of the committee.—V. 169, p. 1887.

62,907

.

$408,519

78.9

—

ratio

$2,272,353

$1,086,151
677,632

The

1673.

p.

f

Hydraulic

There

._

(Dr)

rents

Equipment
Jt.

„

from

ofticer

Newport NeWs Shipbuilding & Dry Dock Co.—Backlog

358,016

Railway Operations:

Operating revenue
Operating expenses

169,

oper.

ry.

4%

1,039,348

225,016

railway

oper..

•

to

New York New Haven &

..."

,

.

1946

1947

1948

32,179,432

railway...

Jan.

Net

A

995,292

Niagara Electric Corp. and subsidiaries thereof.

Period End.

1949

,1949

from

Net

.

"1,303.146

Billings during the period:
Shipbuilding contracts ;

177,451

133,802

income—
1672.

Aircraft

Consolidatcd-Vultee

of

complete purchase of new Convair

to

744,506

income.—-

railway.._.

Novel

;

560,935

262,858

railway

from

Gross

Net

26,131

717,101

oper. income.—
From Jan. 1—
ry.

The

1—

tv

$383,179
138,766 '
'
42,490

120,514

175,625

80,926

1

1946

1947

$490,606 " ' $367,765

$412,123
t

railway—' 1,179',743'

"Deficit;—V.

The

$208,329

1948

$263,577

132,013

railway——

from

Net

railway

from

stockholders.

reaches

Ry.—Earnings—

railway—!_

from

From

1—

Jan.

balance,

1887.

RR.—Earnings—

$244,711

MarchGross

loan

"

output

from

-

1948

•

1949

;

railway

$125,650,473.

New York Connecting

report

Northwestern Pacific RR.

Net,

Susquehanna & Western RR.—Earnings— "

railway—

from

which

:

bid of 99.2299.

& Hutzler,

Bros.

Brothers

Lehman

common

printers.'
hew shares

control

holds

March-

•

Gross

Hayden, Miller & Co.; Swiss American Corp.; Clayton Securities Corp.;)
Julien Collins & Co.; McMaster Hutchinson & Co.; Mullaney, Wells &
>

Atlas

corresponding week last year,

.071

•

States

and F. S. Yantis & Co. Inc.

would

and

the

its

the R.F.C.

railway—
income

Electric

:

•* .04;:
'
.15' "

balance)of major contracts unbilled at March
28, 1949 includes the award, on an estimated basis, for the construe- \

Co.

be at the
give Atlas
stock.

would

stock

set

Northeast's

the

of

annual
of

hold

oper.

.17* :

.03

I

•-,,

.18/

l

•

,

V-:J

& Co.; Inc.; Gregory & Son, Inc.; Harris, Hall';
& Co.
(Inc.); Hornblower & Weeks; Merrill Lynch, Pierce, Fenner <fc>
Beane;
Otis & Co.; Phelps, Fenn & Co.; L. F. Rothschild & Co.;
First of Michigan Corp.; Graham. Parsons & Co.; The Illinois Co.;
Wm.
E. Pollock & Co. Inc.; William Blair & Co.; Freeman & Co.;
Inc.;' Blair

Co.,

1948

not

totaled .60,187,000

.10

:

.05

*.04

.15

stock.—V.

in

oper." income

ry.

From
Gross

fered—Halsey, Stuart & Co. Inc. and

&

be

to

Northern States Power Co.

.05,
.03

'

.04

fund.!

•

from

from

Net

Central RR.—Equip. Trust

New York

shares

240,000

Board.

common

still

*•■

.18

.03

from

.02

.

.

.17

..

'.12

.14

,

.10

.-.07

stock

New York

2,223,735
1,197,256
925,317

1672.

169,-p.

-

.

"Deficit.—V.

Gross

288)381
267,965

2,044,920

income.—

oper.

into

date

a

'(

oper.

ry.

;

.16

-

.13

--..10

-

.15

.

'

Shares

Investment—_

Coast

"Also

1946
$743,178

1947

$785,235
380,477

966,193

mortgage.

railway— $12,482,497 $11,786,010 $11,500,698 $10,571.07$
14,674
2,374,528
railway———
1,567,676
1,583,509

Jan.

Net

•

.12

.06

..

.

.06

:

.09

.15

■ '•

-

.32

„

.09

.06

.

Railroad equipment

190,548

2,259,559

the

.

needs

from

Net

.15.

.17

624,301

972,288

a.

approve

from

From

".10

,

•:

*

-.21

.12

.04
:

1

because

from

.25

,12

118

utility

Railroad

2,115,489

2,109,710

request

to

for any length of time.
ordered by C.A.B. to divest itself of Northeast stock by-

March—

Gross

-.03

V

-.11

.10

1

i.

987,766

308,212

—

to

'

':

.

railway

railway

frcm

10

meeting

air. transports.
Of five ordered, the airline has received three.
other two await receipt of funds from the loan.—V. 169, p. 1230.

■

;

:'

!

Public

-

.10

•

!

Merchandising

Diversified pfd.

330,741

May

annual

their

Aeronautics

on

the hands

may

' '

.10,"

/.20

'

.07

.13

Machinery
Metals 1

Oil

.10

.07

stock

Insurance

Corporate bond series

217,605

oper. income
From Jan. 1—
( !•
ry.

Airlines,

Northeast

■

•
-

1

422,069

1948
$857,469
418,778

1949

226,142;"

railway

at

of

mortgage

and

in

been

.10/ '
,

.12

.03

.00

equipment

Food

Pacific

$653,032

railway

from

from

until

persons

asked

stock

■Northern Pacific

.03

:

'

Electrical

March—

March—

Net

be

Civil

price

company's

Northeast

8-25-43

$0,14

•

.04

.08

Chemical

Gross

Gross

the

now

Fall

next

-

.09

.04

stock

Bank

$0.10

i.

.10
;

...

*8,912

Texas & Mexico Ry.—Earnings—

New Orleans

and

company)

"approved shortly by the Securities and Exchange

the

of

Corp,

Corp.

Industrial Series-

Agricultural

the

Atlas has

payments shown as comparison):

1454.

p.

be

to

and

200,000

rA'tla's

investment
oh the special stock of this-corporation, payable May 25 to
of record May 5 (see first column below—with three previous
declared

2,5b,422

1,373,697
612,348

oper.

holding

necessary under provisions of a proposed $1,750,00(1
Finance Corp. loan to the company, consummation of

market

report is

'

"Deficit.—V.

•

shares

The

Stocks, Inc.—Distributions—

86;426

•.

!

.1948

$265,063

now 2,006,000 common shares authorized and 519,624 com¬
outstanding, of which Atlas .holds 100,000. Atlas also holds
cf 80,312 total shares outstanding of Northeast's pre¬
stock,. issued about a year ago.
-'.:■!•!/>■%
annual meeting is scheduled to be held as soon as practicable

7^,959

■

after

York

New

Diversified

1—

railway

1949

'

shares

mon

"

,

500.

p.

170,706

-

will

common

is

said

between

7,648,992 ' 15,091,684 f 16,270,393

6,492,861

169,

Government bonds 'series!

1946

$712,936

pen

Corp.—Earnings—
•

,

interested

given

into

•Conversion

!'$i,151,082

.

(000'S omitted)

"Deficit—V.

Diversified

t,

has

Reconstruction

250,000

$986,497

—

383,288

3,066,986

oper.

from

Net

1947

$1

Northeast.

of

stockholders

current

150.000

""

$$82,616

-

207,799

From Jan.
Gross

1948
$1,021,946
,

$867,322

railway-

from

from

Net

1949

,

stock

Commission

150,000

Steel

Earnings—

RR.

New Orleans & Northeastern

at

.There are
Net

:Tobacco *

March-

the SEC

with

offered

Aircraft Corp. pursuant to which Northeast agreed to>
five Convair-Liner aircraft from Consolidated for $1,600,509.

SEC

•The

;

.....

York

(New

Conversion

Sales of steam—pounds

of shares

For

of

be

to

hearing.

for

property

.

.

stock,

A

Vultee

purchase

of

,

class

companies also request an -exemption order permitting the con¬
of a purchase agreement between Northeast
and consoli¬

dated

11,113

acquis, of bonds or of

The

of each of the three companies, by, purchases thereof
or the Boston Stock Exchange and irf the over-the-counter market with
respect to Boston Edison Co., and in the over-the-counter market with
respect to Lynn and Western, for a period equivalent to the notice ,
period for submission of bids.
: "
>-•"
The proposed stock sales are said to involve a step toward financing
investments in subsidiary companies.
....
^
^
Interested persons were giveri until May 9 to request a hearing .
before the Commission.—V. 169, p. 1887. ■
;;'La-!v\'x'. jy

notification

25 filed a letter of
par)

taxes,

Corp.

which
Net

new

price

,

summation

$1,440,368

deductions

Appr.op".

the three companies, and intends to solicit offers for the
purchase of the three blocks of shares by means of a newspaper
advertisement.
Persons notifying the company of their desire for an ,
opportunity to purchase the stock will thereafter be advised by NEES
of the conditions of sale and the time for submitting bids, which shall ,
ndt be less than 24 hours after such advice has been giveri. *
In connection with such sale, NEES proposes to stabilize the rharket •

,

for

after

'

tlvely

used

common

The
■

$9,545,550 $19,800,732 $19,499,152
18.653,679
17,006,093
3,983,065

$8,638,392
7,198,024

taxes—

inc.

conversion

New England Electric System—To Sell Stocks of Subs.,
company
has advised the SEC of its proposal to sell three
of common shares constituting minority interests in Boston
Edison Co., Lynn Gas & Electric Co., and Western Massachusetts Cos.
NEES owns 123,100 shares, 15,175 shares, and 8,607 shares, respec- '

,

Inc., its affiliate, have applied to the SEC for an exemption order
permitting the exchange of a $316,000 note of Northeast held by Atlas
for

1949—12.Mos,—1943

1949—3 Mos.—194$

Opeiating revenues

Income

blocks

.

Northeast Airlines, Inc.—Exchange of Securities—

y

vNew York Steam Corp.—Earnings—

Gross

cents

15

of

'

deprec., depl. & int.—
$905,156
•"But before profit on bonds purchased.—V. 168, p. 2228.

directors have

The

Stock
Stock

liquidation.

of

process

Cantor, Fitzgerald & Co., Inc., New York.
Pro¬
for drilling oil wells,
purchase of equipment and
additional. working capital.
L'• y

12 Months Ended March 31—

the

of

for $175,000.

Electric Light & Power Co.

authoized to acquire from its parent, Niagara
Hudson Power Corp. 75 shares of the Ticonderoga common for $2,625.
Such purchases will give New York Power
100%
of the outstandingstock of Ticonderoga, winch renders 'electric service in the Town and
Village of Ticonderoga in.the. State of New. York.—V. 169, p: 1564.

and initiated a new

dividend

(40c

North American Cement

acquire from Ar¬

corporation has received SEC. authorization to
S.

Operating income
Non-operating income!.

-

April

and

the

in

New* 1f6r.k Rower & Light Corp.—Acquisitions—
The

The

Corp.—15-Cent Extra Dividend—

on

be

is

.

shares

will

and

which

-

Underwriter,

ceeds

listing

company,

Corp., Seguin, Tex.—Files—

company

300,000

share.

of the Washington'
registration the capital

application

the

from

this

169, p. 1338.

.

(Herman) Nelson

granted

strike

of

par)

1949

Washington Steamboat Co.—Delisting—

has

to

Norma Oil

for

v'

1564.

p.

1,985,172

*83,643

*289,950

■

f

1,922,102

6,734

ry.

•The company also was

$21,246,667 $20,363,987 $84,094,427 $82,920,596
in operation decreased from 693 at April 24.
at April 23, 1949.—y. 169, p. 1887.

6ales
The

Apr. 24, '48 Apr. 23;

Apr. 23, '49

*72,259

($100

1—

from

Gross

common

Chicago---Current Sales Up 4.33%—

'income—!*

Jan.

&

SEC

The

Exchange

•

*80.576
*192,886

36,423

44,701
*113,539

28,525

Norfolk

V

:

$688,032 vj" $621,498

•

.

National Tea Co.,

,-*$730,720

railway$559,675

Monday, May 9,

1946

1947

1948

1949

"V.

.

railway.!-:

oper.

From

•

LIABILITES—Accounts

«•

from

Net

V"
payable, $7,136,680;
accrued taxes, wages,
interest, etc., $4,334,158; estimated cost to replace involuntarily liqui¬
dated "last-in, first-out" inventories—less tax credit
$262 133 accrual
for Federal, State and foreign taxes on .income, $8,714,607; 2 A h debentures
due
June
1,
1967, $15,000,000;
insurance reserves, $628,763, ,
reserve for contingencies, $1,200,000;
4'/2% Cumulative preferred stock.
(par $100), $16,245,000; common stock (par $10). $14,344,610,
1
surplus, $8,443,200;
earned surplus,' $28,250,640; total, $104,559,790.
—V. 169, p. 1564.
:.W'%
$104 559 790.

•March—;
Gross

CHRONICLE

FINANCIAL

&

Ontario & Western Ry.— -Earnings—

New York

MARCH 31, 1949

CONSOLIDATED BALANCE SHEET,

ASSETS—Cash,

tories,

COMMERCIAL

THE

(1994)

10

the

outstanding first
preferred stock will receive a cash payment sufficient to reduce accumu¬
lated and unpaid dividends thereon to $50 per share and will then re¬
ceive
in exchange
for each share of such stock llA shares of 6%
preferred stock of the new company.
For each share-.of. ,6%
second
preferred stock there will be exchanged to shares of common stock of
the new company, and for each common share of the old company there
will be exchanged
1/10 of a share of the new common stock.
The
date for the exchange of stock had been set as April
1, 1949. Bee
V. 166, p. 2663.
plan,

holders

of

the

4,298

shares

of

^

Volume

Number 4801

169

Ohio River Sand Co., Inc.
Sand Co.

See Ohio River

PURPOSE—The

(Ky.)—Acquisition, Etc.-

funds

above, and in V. 166, p. 2663.

to

the

of

such

1,

Ry.—Earnings—

1948,

tional
March—

,

Gross" from
Net

from

Net.

ry.

1949

•

.

,

1948

•

1946

1947

_

$95,403

$31,362

$71,866

31,601

22,038

3,314

income—

oper.

14,203

8,602

6,173

'6,614

From Jan. 1—

Gross

from

Net

from

Net

ry.

of

'Deficit.—V„ 169,

.

additional

257,873

89,007

88,300

of

preferred stock

29,681

; 20,593

30,995

23,028

it

will

Calif.—Secondary Offering—
of 32,570 shares of common

the

of

the

of

from

when

and

the shares

—V.

to

1949

of

employees

shares

(other

the

of

than

■

,

SECURITIES

,

BEFORE

GIVING

no

.

...

San

Joaquin
Unifying &

Pacific

.

1st

Gas

&

subject

to

prior

1,

ref

May

TO

10,

5V2%

Francisco

San

office of
Bankers

and

(A.

company

W.

Common
'No
and

to

A

scries

to

be

of

names

shares

of

purchased

of

by

the

5%

each

several

underwriters

redeemable

of

them

first

from

and

preferred

the

with

'

,

A.

C.

Allyn

Bacon

and

No.of. shrs.

j

80,000

Co., Inc.—

as

Whipple &
Bailey & Davidson
Bacon,

Robert W.

Baker,

2,000

Co—

,

Baker, Weeks & Harden
Ball,

Burge & Kraus

Eichler &
Stearns & Co

A.

Biair

&

Blunt

1933,

&

and

Sullivan

&

Irving

McAndrew

1,500

McDonald

2,000

Mason

Brashears

1,000

Merrill

3,000

Co._

E.

1,000

Clark

W.

Clark,
Coffin
Cohu

&

&

Julien

1,000

Co._

1,500

1,500

Newhard,

2,000

The Ohio Co.

Co

&

rights

1,000

Co.________

sen.

1,500

Pflueger

Baerwald—___

1,500

1,000

& Co—
Merle-Smith—___

Dickson

S.

&

Read

Dominick

Drexel

&

Putnam

& Co._

Raggio,

Reed

10,000
8,500

.

Co

&

Corp._

A.

7,000

Evans

&

Clark

&

1,000
1,000

Co

Farwell, Chapman & Co.__
Fewel

&

Field,

Richards

The

First

First
The

2,000

of

First

Southwest

Foster

&

45,000
20,000

Chas.

7,000

&

4,000

I

20.000

Co-

2.000

Co.
&

F.

Co

&

Co.—

William

Moore &

Co

Co.—

8,500

R.
Staats Co.____
Starkweather & Co

1,500

Stein

2,000

Stephenson,

Hallgarten

&

Hannaford

&

Co.___,

&

16,000

Talbot

'

Harriman Ripley & Co., Inc.

Harris,

Hall

Hayden,

&

Co. -<Inc.)_

Miller

&

Co.—_

—

Hayden, Stone & Co
Hemphill, Noyes & Co.—
Henry
J.

Herrman

Hooker

Hope

&

Hornblowfer

Hill

F.

W.

The

Sutro

Henry

Weeks^_

15,000
2,000

Swiss

Johnson,

<fc

Co.—

—

Co.—

Space

Wagenseller

4,000

G.

Walston,

Weeden

&

Inc.

Co

Durst,
&

2,000
2,000

profit

'Based

and

London

a

(England

dispatch.

1

Tide Water

Associated

involved

in

(& Subs.)—Earnings Higher30,530

service

Inc.

March

6,305,033

(estimated)

Canadian

share———

working

1949,

Governmetn

$1,304,727
$0.09

$0.26

—

no

stock outstanding.

par common

capital

securities,

and

liabilities of

current

15,000

_—

&

Co.__

2,000

Co., Inc.:

industry to
Karl

&

16,000

N. White & Co

2,000

1,000

White, Weld & Co

&

Co., Inc.

McCormick

Kidder

&

do so at the time of a postwar new
Greir.er, Vice-President and General

M.

tain

six

that

77

models

line

the

in

Ihe finest of

in

the past

A

will

introduction.

Co._„

to

this

We're
than

Bendix

plans

five

hopeful

five

service

several

to

affected.

parts

days,"
the

and

1947

1946

$778,851

$699,816

'94,619

'93,757

income—

.'566,170

'364,522

'301,305

'268,489

1,973,694

2,315,163

2,126,870

1,915,187

1—

railway

'1,026,082

169,

?533,891

'449,026

'473,340

'1,632,402

income

'1,191,148

'1,065,341

'984,293

1673.

p.

per

$589,309

$505,562

764,573

759,957

share.

com.

1566.

p.

be

jeopardized,

dealer

4,000

that

to

the

of

our

make

Christopher,

removing

these

dies
will

the

and

but

to

common

from

strike

the

brakes,

own

parts

removed

Bendix

departments

T.

George

be

strike,

operations

Approximately

get

$0.70

display

Woodard-Elwood

&

Co

1,500

30.009

Wood,

Struthers

&

Co.—_

7,000

of

1,500

Wulff,

Hansen & Co

3,500

Theatres,

2,000

Yarnall &

2,000

mon

Co.„

$2,367,980

$2,273,991

764,573

$0.61

759,357

$2.89

_

$2.89

::v;

Pennsylvania Telephone Corp.—Sells Bonds Privately
corporation, it was announced April 29, has placed
privately with The Equitable Life Assurance Society of

—The

the United States

issue of $2,500,000 3V8%

an

on

45,000

for

Proceeds will be applied by the
toward its 1949 construction and improvement

program.
company is a subsidiary of General Telephone Corp.
additional
$2,500,000
of first
mortgage
bonds,
3%%
series
1979, has been authenticated by the Bankers Trust Co., New York,
N. Y.,
under the mortgage indenture for which it is trustee, paying
agent and registrar,—V. 169, p. 1674 and 1566.

The

due

Peoples Gas Light & Coke Co. (& Subs.)—Earnings—
Period—
Gas

sales
of

Sales

1949—3 Mos.—1948

therms.. 462,580,.100

in

was

already

in

would

not

gold-painted automobiles
completed.—V. 169, p. 1673.

14.969,541

54,048,268

2,619,398

1,543,405

8,438,559

5,998,233

887,967

877,277

5,100,390

4,322,707

47,093,920

by-products &

residuals
Sales

of

gas appliances
int., divids., etc.,

Rents,
from

others

Total

income

440,754

542,020

1,957,060

2,010,807

20,569,627

17,932,243

69,544,277

59,425,667

Oper.
Fed.

13,643,985

11,677,735

53,138,243

42,837,984

750,000

Cr750,000

750,000

2,019,131

1,683,195

4,856,690

4,330,746

1,721,054

1,352,619

5,425,928

4,677,785

3,185,457

2,468,694

6,873,416

6,829,152

656,041

656,000

656,041

$4.86

etc

expenses,
for

special

income

Other

$3.76

$10.48

res-

taxes

taxes

Net

income
of

capital

stock

outstanding

Earnings

;

share

per

statements

the

reflect

accounts

of

Natural

Gas

656,000
$10.41

Pipeline

Co.
and Texoma Natural Gas Co. for periods subsequent to
1948, only, because The Peoples Gas Light & Coke Co. did
acquire 100% ownership in the capital stocks of these companies

America

Nov.
not

30,

until

December,

subsidiaries

1948.
consolidated
Feb.

of

as

current

liabilities

balance

1949

28,

assets

of

as

sheet

shows
th

$20,408,389.

were

of

total

Peoples
assets

date

same

Gas

of

were

Consolidated

and

all

$322,466,502.

$31,837,649
long

term

and
debt

including bank loans amounted to $137,739,061

as compared with stock
surplus of $84,049,233, being 62% and 38%, respectively of total
capitalization.
Feoples Gas debt as of Feb. 28, 1949, including bank
loans, was $82,196,800 as compared with Peoples stock and surplus

and

of

The

$82,423,162.

divided

debt

between

capitalization of Peoples Gas
and equity.—V. 169, p.
1838.

alone

evenly

was

Peoria & Eastern Ry.- -Income Account3 Mos. Ended March 31—

1949

1948

$1,461,963

$1,444,828
1,181,357

$319,272

$263,471

131 281

revenues

have

Paramount

Inc.
of

Net

been

from

revenue

'Railway

railway

125,188

operations.

accruals

tax

Equipment and joint

facility

rents

93,338

Net

operating

railway

66,238

$94,653

Other

income.

$72,045

income

Total

16,588

Miscellaneous
Fixed

deductions

from

11,841

$111,241

income

$83,886

income-

1,636

56,596

$25,401

46,165

.

1,889

34,284
$75,321

charges
income

Net

—V.

169,

Federal

income

taxes

12,686

for

new

car

announcement

sufficient

as

1117.

p.

Pepsi-Cola

Co.- -Management

Slate

Reelected—Sales

Off—

Pictures,

announced

stock

1,448,058,308 982,018,169

16,621,508

gas

of

'1949—12 Mos—1948

303,161,596

'

'Includes

near-future

a

Inc.—New

Securities

Traded

in

Detroit Stock Exchange—

It

first mort¬

bonds due 1979.

gage

into

settled

be

all

plant.

weeks."

inasmuch

Paramount

Wilson, Johnson & Higgins

5,000

1*949—12 Mos.—1948

1949—3 Mos.—1948

taxes_
shares.

Employees in the

feasibility

cannot

most

shipping

and making
The dies for 13

weeks

corporation

cease

notice."

plant

impractical.

by

Bendix
28

further

will be

explored

Bendix

Packard

said

He

"For

the

April

"until

and

"we

the
is

owned

less

much

work.

from

take

production.

to

on

shifts

engineering

explained,

are

by

caused

company

completed

11,000 Packard workers

learned

would

Dean Witter & Co




1948
'145,832

Operating

brakes,

of

of

dies

4,500

—

(EDT)

noon

Operations—

continue

1,500
Co.

Kidder, Peabody & Co
Kirkpatriek-Pettis
Co

Frank, Knowlton &

Co

to

up

1,142,691

offices,

Packard

brakes

Golden

and dozens of minor changes, adding up
1.200,000 automobiles'-which Packard has produced

the

Packard

President,
have

the

50 years.'"

shortage

the

in

cars

major improvements

to

2,000

&

Co

Philadelphia,

$819,872

Consolidated

30,000

Whiting, Weeks & Stubbs__

Volume Models of Golden Anniver¬

on

Sales Manager,
re¬
Anniversary line of 14 body types
would range from $103 to $246 lower, including equipment that previ¬
ously had been, optional at extra cost.
On April 28, Packard announced the Golden Anniversary cars "con¬

20,000

3,500

M.

Bldg.,

1818.

1949

after

169,

$35,315,761.

new

vealed

It

4,000

Kalman

—v.

of

$46,202,572,

was

company on May 2 announced lower prices on volume
Golden Anniversary cars,
thus becoming the first

its

general

Kaiser

A.

4,779,358

'365,733

common

current

The
of

2,000

Johnston, Lemon & Co
Jones, Cosgrove & Co., Inc.

Kebbon.

16,955,931

3,276,636

Station

p.

railway

'These

Cars—

sary

8,000 of the

C.

;__

198,093,525

23,449,414

$657,912

NOTES—The

Lowers Prices

close

Wertheim

Co

211,610,445

2,436,711

v

profit
of

Earned

800,000

$3,911,033

against $53,844,388 a year ago.
Current assets at March 31, 1949 totaled $81,518,333, including $16,302,568 in cash and $21,657,865 in U. S. and

at

7,000

1946

25,071,074

2,104,727

2,394,000
—

common

31,

the

5,000

1947

Pennsylvania Salt Manufacturing Co.—Earnings—

Prov.

17,904

$69,377,022 $44,708,207

etc

parts,

taxes—

taxes,

1948

1949

units)

15,000,000 shares of

Curtails

1,000

&

1948

The

offer to purchase the cpmmon
owned
by residents Of the
Indonesia as of the record date
Co.

—

on

forced

&

2

9,020,948

Period End. Mar. 31—

Net
No.

total of 6,408,132

before

'Earnings per

1,500

7,000
; 30 000

Co.—

Lerchen
&

5,000

8,500

Corp

Hoffman

Watling,

Oakland.

and

an

Oil

570,000 shares of

a

(No. of

income

2^500

Corp.—__

&

&

Walker

Goodwin

2,000

4,000

H.

earnings

8 000

Co

Anthony & Co.

8,500

Co.___

&

Securities

2,500
Co.—_

James

Lane,

Swift

Spencer Trask

Tucker,

of

automobiles,

4 000

Inc.
_

American

Union

2^000

May

business

33,425,861

railway

oper.

Shares

2,500

Co.

F.

1,000

&

Youngberg
Company

&

&

about

30,000

_____

&

8,000

Illinois

Co.,

2,000

Collins

D.

Co.__

Corp.

Co.

Hutton

William

15,000

Stone

&

Hutton

E.

Stone <%; Webster Securities

Sandman

&

Holt, &
E.

8,500

Stroud

Hilliai'd & Son____

Richards

Holmes

4,000

&

2,500

2,000

Stix

2,000

&

Co

Stern, Frank & Meyer
Stewart, Scanlon & Co.__

4,000

Fay

&

15^000

&
—

8,500

45,000

Co

Co.

&

J. J, B.

&

Leydecker

Brothers

Co.________

&

Boyce.._____

______

1,000

Hogle

A.

Stern

&

Co.

2,500

Bros.

2,000
1,500

Granbery, Marache & Co._
Wesley Hall & Co

Parsons

Francisco

the

at

*

7,000

—

Smithers

30,000

Goldman, Sachs & Co

from
ry.

firm, Messrs Labourchere & Co. N. V., which it is
representing Pacific Western Oil Corp. in the transac-

is

out

of

At

!

1,000

S.

the

for

&

1,000

Smith,

according to

shipments

Net

4,000

Shuman, Agnew & Co
15^000
Singer, Deane & Scribner__
2^500
Smith, Barney & Co
45,000

30,000

San

Quarters Ended March 31—

Net

1,000

Friedman

West Indies

Dutch

are

Federal

2,000

1,000

which

8,500

Corp._

Forgan & Co.______

Graham,

Sales

Corp.—

Co.——

of

announced on

dealings

railway______

oper.

Net

Corp.—Reported Making Offer to

Packard Motor Car Co.

1,000

.

Scranton

&

169,

from

Net

919,623
customers were

shares of Tide Water stock' out¬
standing.
Prior to this offer, together, Mission Corp., Mission Devel¬
opment Co., and Pacific Western Oil'Corp., all controlled by the Getty
interests, held about 30% of the Tide Water stock.—V. 169, p. 10.

Car

Shields

Marshall—______
H.

Hutton

Corp._„

Michigan

Maxfield

Glore,

Inc._

.

Pomeroy,
W.

ry.

Sales

There

1,000
Sons

;

Schoellkopf,

cities

Associated

Water

1949,

the' offer

7,'ooo
3^500

Humphrey

-

&

Shaughnessy

Co.

the

from

227,926,940 229,594,814

income___

From Jan.
Gross

32.6%

ditions.

1,000

Alcantara

Inc.
Schwabacher &

Co.—

First

Rollins

1,000

Cleveland

Inc.
.

&

Co.——

Boston

California
First

& Co.

———

.

H.

parts of

Exchange

1888.

1949

Street

from

from

Net

163,081,600

1948, approximately 0.7% of its gross oper¬
of distributing and selling water in 17
certain rural areas, and producing and selling

and

Curb

suspended

169, p.

1—

oper.

Net

$66,562,366

(from

York

be

>

March—

Gross

follows:

as

share, ex-dividend of 40 cents a share payable June 1. The price to
be paid for the original American share is $24.63 with the same con¬

.

F. Rothschild & Co.—_
Salomon Bros. & Hutzler__
Frank
C.

2,000

Co
&

7,000

Co

Robinson

Co.
E.

business

to

Pennsylvania Reading Seashore Lines—Earnings—
i\

Gas Mcf.

gas

will

railwayrailway

1811, Broad
May 18.—V.

•

only),

a

5,000

L.

Co.,

Inc.

JFahey,

The

&

the

held.

Bids for the purchase
of $10,425,000 equipment trust certificates,
series X,
dated May 1, 1949 and due in 15 annual instalments of
$695,000 from May i, 1950-1964, will be received by company at Room

31,

brokerage firm has made

Tide

Holland

4,500

Richey, Baikie
Riter

in

shares

according

"

2,000

&

Reynolds & Co.

4,000

Co

Co.__I

Co.—II~

Pressprich &

Rauscher, Pierce

20,000

Securities

Clement

2,000

W.

30,000

Co._

&

Estabrook

1,500

2,000

Co

Equitable

Inc.

2,000

Inc._

Francis I. duPont & Co.—

Elworthy

Co.,

Inc.— 45,000

Dominick

Eastman, Dillon &

1,500

R.

Co.,

& Co.,

&

&

1,500

Christen-

Inc.

&

of

understood,

2,500

Piper, Jaffray & Hopwood
Prescott, Hawley, Shepard

Dempsey-Tegeler

Dillon,

15,000
&

were

1,208,579

engaged

24," 1949,

Bids for Equipment Issue-

tion^ is offering, until May 13, to buy the Tide Water stock for $24.36

Curtis

Peters, Writer

A Holland

The

&

ry.

derived)

Pacific Western Oil

April 29,

3,000

Net

energy

purposes

66.7%

of the

five

each

May

be

Buy Dutch Shares of Tide Water—

Netherlands,

5,000

_______

customers served

89%

expire about

169, p. 1818.

from

company

5,000

6,000

Bodine

R.

Jackson

Dec.

certain

stock

±

Townsend,

&

Webber,

l|soo
2^000

Co.—1

Day & Co

Dick

of

California—
Northwest Co

Paine,

1,500

in

2^000

:

Pacific

will

stockholders, at par ($25) of 754,038 shares of com¬
mon stock in the proportion of one new share for each
10 shares held on Feb. 25, 1949, 740,401 shares were taken
up for a total of $18,510,025 and 13,637 shares were re¬
moved from registration. This offering expired April 8,
.1949.—V. 169, p. 1888.

1 000

Pacific Coast Securities Co.
Co.

sold

electric

of

!'

from

stock, series A.

sales

revenues—

to

the New

1949,

'Deficit.—V.

also

were

towns

1^500

Co._.

Pacific

Is

ended

2,000

&

10,000

Co

&

&

&

Company

Cook

1,500

House

&

Co.—

1,000

:

Mejia
Davis, Skaggs &
L.

and

<fc

gross

for

for the subscription offering is expected to be about

mon

8 500

Needham

Dain

Crouter

Co

7,000

Inc

Co,

DeHaven

&

Mullaney, Wells

Davies &

R.

Moseley

5 000

Maynard H. Murch & Co._

Collins

M.

S.

Co.__

&

1,000

Crowell, Weedon & Co
J.

F.

Miller

4,500

7,000

Cooley & Co

Curtiss,

2,000

Co._

Burr,

&

16,000

"

Mitchum, Tully & Co
15,000
Moore, Leonard & Lynch—
2,000
Morgan Stanley & Co
45,000

Co

Courts

Beane____

Clarke & Co.—

W.

&

2,000

Co._l

is

Common Stock Subscriptions—Of the offering to com¬

7,000

Revel

—„

&

Dodge

Co._

Co.

Milwaukee

months

steam

Lynch, Pierce, Fen<fc

12

and

8,500

Sears, Inc

Richard

ner

&

Gross

JAmount

treasury.

4,000

—_____

Marks &

Masten

ry.

bonds

Net

construction

customers—.

company

cities

2,000

(Inc.)

1948,
for

registration statement under the
stockholders the right to

a

common

that date.—V.

From Jan.

Light

except

customers.

revenues

Corp.—
Warren

31,
use

offer

to

railway
$74,530,917 $77 883,945 $74,739,952 $70,244,143
railway11,896,167
8,441,091
11.578,470
8,230,257
oper. income—
3,928,510
272,616
4,806,267
3,818,466

Net

Joaquin

9,035,918,618
$136,275,733

total

of

of

electric

ating

20,000

Whiteside,

Dec.

revenues

4,000

Company.

in

offered

now

sub-

proposes, *

from

8,280,780 shs.

San

first preferred

therefrom, and number of

3,500

Inc

Merrill, Turben & Co
The

ended

months

'Number

The

Co.____

Central Republic Co.
&

Co.;

&

Sons______

&

E.

stock

'It is estimated that approximately
also

Rhoades

Brothers

A.

Brush, Slocumb &
Buckley Securities
Chace,

&

Laurence M.

Co

1,000

______8,500
& Co.—
6,000

1,500

&

2,000

Lundborg

2,000

&

Brown

Co.

Co._

&

12

Percentage

30,000

Co.____

Loeb,

4,500

Co.__

Bradford

Alex.

M.

&

held

amount

(including the company's

Gross

8,000

O'Connor

3,000

Co

principal

listing 42,448

stockholder

from

refunding mortgage
outstanding bonds.

Sales

5,000

_______

the

Gross
Net

and

of

$895,500

under

for

common

warrants

on

tl,500,000 shs.

Electric Kwh.

16,000

Co

8,500

& Simmons

Bosworth,
G.

Brothers

&

Carl

the

gas

revenues

30,000

Corp.—_
& Co

Legg

Lehman

Lester

Hurry

&

Boettcher

C.

C.

Leib,

in lieu

1,000,000 shs.

12,000,000 shs.

issued

be

may

unifying

of

its

the

March—

400,000 shs.
'

5,215,175 shs.

$25)

(par
bonds

Corp.

Listed—

Pennsylvania RR. —Earnings—

1,173,163 shs.

1,000,000 shs.

5,000

Co

7,000

400,000 shs.

be

apd

16,000

Co

8,500

Inc

Blair

Ellis

Freres &

Higginson

_____

Walter

Co.,

William

J.

Co—

Becker & Co. Inc

G.

Bingham,

John

2,000

Co._;

Irving Lee &

1,000

Bateman,

Bear,

Lee

&

pfd.

4,211,662 shs.

1,173,163 shs.

,

6,000

Barth & Co.___________

J.

Langley

Lazard
H.

2,000
5,000

Co

&

Lawson, Levy & Williams_

C.

3,000
4,500

___

Baird & Co., Inc.

Watts

W.

stock

additional

Power

For

45,000

Laird, Bissell & Meeds—

2,500

Co

&

No. of shs.

Kuhn, Loeb & Co

7,000

4,211,662 shs.
_____

31,

these

opening

HISTORY &
BUSINESS—Company was incorporated in California
1905. Company is an operating public utility engaged, prin¬
cipally, in the business of generating, purchasing, distributing and
selling electric energy for domestic, commercial, industrial, agricultural
aftd municipal purposes, and of
purchasing, transmitting, distributing
and
selling natural gas, for domestic, commercial,
and
industrial
purposes, throughout a large part of northern and central California.

follows:

Blyth & Co., Inc

that

stk., cumul.
stk., cumul.__

Stock

been informed that this corporation's warrants evidencing
tight to purchase capital stock at $20 per share expire at 3 p.m.,

May

on

Oct. ,10,

the

are

12,000,000

______

cumul

outstanding if all preferred
1,500,000 shares of 5% redeemable

stock,

company

t469,908,500

first pfd.

first

t.Exclusive of

intends, prior to Dec. 31, 1949, to apply for
listing of this preferred stock on the San Francisco and Los Angeles
Stock Exchanges and on the New York Curb Exchange.
number

stk.,

issued thereunder

LISTINGS—Company

UNDERWRITERS—The

redeemable

Redeemable

Co., New
ican Trust Co., San Francisco and The New York Trust Co., New York.

respective

stk., cumul—
stk., cumul

pfd.

to

are

Paramount

stockholders.'

Having

$281 —

(par

pfd.

first

5%

Ulrich, transfer agent),
York. Registrars, Amer¬

Trust

pfd.

first

5%

000 shares of 5% redeemable first preferred stock, series
A (par $25). Public offering price was $26.75 a share.

600,000,000

80,000,000
stock

of

by

May 4 approved
issuable against

on

additional share of

one

notification.—V.

the

bonds

Company

approved

Pennsylvania-Dixie Cement C^rp.—Warrants Expire—
'$7,722,500

Co.—

19481

6% first

nationwide syndicate of approximately 200 underwriters
headed by Blyth & Co., Inc., marketed on May 4, 1,500,-

Agents,

mtge.

an

Outstanding

(credit agreement of March

First preferred

Representing one of the largest preferred stock offerings
to
originate in the American public utilities field, a

Transfer

Electric

Theatre

new

Reorganization

Co.—Additional

effectiveness

of

Act

subscribe to

the

Authorized

•

Light &
Power Corp.—
- •
refunding mortgage
$150,000,000

&

Bank loans

Pacific Gas & Electric Co.—Preferred Stock Offered—

.

,

to

and the certificates

recently notified the Curb Exchange that It

stock

....

the

of

recently

shares

common

The record date

EFFECT

of

Plan

the

company)

Curb Exchange

par

company

Securities

FINANCING

PRESENT

York

New

The

•

.

to

Exchange according

Exchange Commission.

scriptions.

such

at

stock

common

&

Picture Company

new

1673.

p.

additional

series

same

offered.

now

and

securities.

CAPITAL

secondary distribution
(par $10) was made May 5 by Hornblower1 &
Weeks; Blyth & Co., Inc., and Paine, Webber, Jackson &
Curtis, at $20V2 per share. Dealers discount 800.—V. 168,
p. 2689.

terms

169,

The

its

100,000

the

pursuant
(old

Inc.

Detroit Stock

Securities
the

11

Rights—

required.

as

in

the

on

the

stock of

Peninsular Telephone

.

issue

;

as

such

upon

issued

Pictures,

If this offering is made,
price as the company may
hereafter determine, subject to approval of the California P. U. Com¬
mission.
Company has not determined the nature or amount of any
be

interest

be

Addi¬

from

common

of

March

(i)

effective

now

received

The

of

program.

obtained

be

is

order

equal

amount

agreement

will

(1995)

basis

treasury

amount

an

in

its construction

program

its

further

Pacific Finance Corp. of

use

loans

credit

company's

Company expects to offer during
directors and principal officers)

220,103

84,809

A

part

a

to

bank

in part,

construction

securities

228,318

1490.

p.

the

under

become
proposes

retire

funds

106,402

.Income—

to

finance,

to
the

254,102

railway—_

railway

oper.

(b)

will

Company
fa)

CHRONICLE

presently on hand;
(ii)
from
internal sources,
the
principal items of which are the provisions made for depreciation and
amortization
(expected to
exceed
$20,000,000
annually)
and unap¬
propriated earnings,
(iii)
from short term bank loans under
the
company's credit agreement of March 1, 1948, and (iv) from the sale

$71,955

42,472

obtained

and

FINANCIAL

proceds

proceeds

funds- for

treasury

_

railway

railway

net

company.

net

$12,000,000

Oklahoma City-Ada- Atoka

&

COMMERCIAL

THE

May

on

Pictures
common

United

3

that

Corp,

stock

and

Paramount

An

opposition slate for directors

annual

trading

common

in

stock,

certificates

Theatres,

the
of

Inc.

unissued

United
interest
on

a

securities

Paramount
in

the

"when

com¬

issued"

The

stockholders'

opposition

tlers,

Arthur

Kan.,

each

and Pearl

Hardgrave

receiving

F.

held

meeting

candidates
of

20,526

Whitcraft

of

was

May

included

Chicago
votes

St.

nominated

and

and

and defeated

at the

4.

four

J.

of

Pepsi-Cola's

W.

Julius

Gerhardt

Darsky

Louis, each receiving

of

major
of

18,834

bot¬

Wichita,

Akron,
votes.

Ohio,

The

12

(1996)

THE

COMMERCIAL
v

.

difference

ton.., D..

represented

C..

however,
A

by

a

that

bottlers

in

Walter
bottle

"the

S.

Mack,

sales

16%

or

net

On

for

September
ficient

the

the

Steele

said

President

tract

and

at

sales

for

Mr.

a

believes

be

of

use

said

best

Co.

that

guess

when

of

the

"most

of"

that

was

the

on

period,

employment
funds

stock

to

which

16,000

1946 )

-;

3 Months Ended March 31—

$390,720

235,491

153,265

*14,779

162,044

159,700

114,123

Sales—wood

*3,438

Net

con¬

purchase
Mr.

Steele

First

railway™.

1,171,520

1,946,606

1,504.437

1.009.65C

636,721

616,686

376,471

435,541

434,052

280,905

shares

15,398

169,

Federal

have

been

Net

V.
1

pansion

of

the

finance

to

Memphis

the

plant

purchase amd

formerly

Sales

—V.

have

169,

—V.

168,

$2,669

2546.

p.

There

increased

1818.

p.

to

$15,000,000

1958,

week
of

ended

897,000

—V.

169,

30,
or

of this company
and its subsidiaries for the
1949, amounted to 138,772,000 kwh.. a decrease
0.6%
from the corresponding week of last year.

in

from

1948

$4,400,000

in

Sales,

1939.

Net

from

Net

ry.

Gross
Net

Net

ry.

—V.

29,130

1—

79,576

The

21,912

13,082

A

new

P.

U.

Commission

The

Edward

declared

O.

securities
that

of

it

at

issue

five.

The

117,452

bonds

the

106,043

126,358

174,923

89,518

to

President

revised

creditors,

would

iron

plan

of

Plan

announced

was

in

Philadelphia
fair

a

and

V.

Co.

allocation

stockholders.

cash

also

and

the claims of

the

parent

and

sation

in

The
and

Federal

plan

new

obligations,
in

less

now

all

be

maximum

a

of

the

securities

allocated

would

of

stock

now

to

new

to

company

up

single

a

class

$23,000,000
will

held

be

of

of

ali

rights

Holders
are

of

now

publicly

surrender

*767,909

all

in

public.'

their

on

and

stock

The

of

receive

shares,

cash

and

cash

remaining

and

its

system
in

(of

relieved

of

under
as

and United

the

will

the

in

the

June 7.—V.

RCA

377,655

shares,

of

April

23,

1949)

and

which

Rys.

accrued

50.9%,

or

!

of

or

H.

have

C.

the

"the

1Q9Q

each

$200 of

debentures.—V.

of
to

for

the

Bellevue

the

on

basis

hearing

subscription
for

each

by

169,

shares

eight

shares

Southern

Traction

Ingles,

the

on

Ry.

Co.

5s

of

Traction

of

1920;

Citizens

Co.

5s

of

Portion
.

1930-

the

basis of

Central

each

Ry"

,

of 1934, Washington

™

&

Canonsburg

West

Ry

chnr?«?

of

-1&ction Co., public

f

and

TEarnings

also

5s

tBased

of

Domestic

been

01'

AND

BONDS

Net

holders of

un-

169,

reported,

the

near

WSTSfcT -* 10

dna83$

shares

ca^ltforrthPe!vthim-gUaraiiteed

RailwayCoInrZ

'

PittxhiirLh

stocks' public holders would .receive
°r each 10 shares of Monongahela Street
pS 5S u°Uld receive $480; Mount Oliver Incline
Pittsburgh and Birmingham Passenger Railwav Co

Pa,SSenger Traction

Plane

$46s!-V

168.

p

by

taxes.

incurred

1907




Co" ^00;

Suburban Rapid Transit

Pitts!
Street

from

Net

ry.

share

the

railway..--.
railway.
income—_

Net
Net

-V.

from

from
ry.

railway—._

railway

oper.

169, p.

income—

1339.

lives

on

officers..

of

56,932

49,631

11,649,270

11,084,094

trade

and

316,016

$30,621,719 $29,828,389

miscellaneous—.—

Fed.

income

$2,891,352

taxes..

267,619

287,735

income, est

303.912

2.176,268

2.424,592

.

4,000.000

preferred
1

$3,021,223

188.436

—

—

than

stock

J.

4,000.000

2,638,400

$100)

(par

par $11

2.840,500

1.000,000

1,000,000

10.479,385

10,469,370

6.960,143

;

5,504.173

L

and

$30,621,719

1948.

$279,000

and

1948.

amortization

and

$117,480

of

1947,

in

$4,429,525

in

$29,828,389

$250,000.

1947.

lAfter

1948

tAftcr

for

reserve

and

$3,881,051

169, p, 113.
•

'

'

;

Quarter Ended March 31—

r

operating

1949

1948

sales

and

hole

Net

losses

profit

Total

v

540.452

181,219

$7,322,954

$5,824,462

loss

for

115,625

18,691

2,150.000

1,750,000

$5,057,329

$3,830,771

SI.26

invest.

on

Federal

SO.95

advances..

&

income

225,000

taxes..——

J

L

2013.

p.

Richmond Fredericksburg & Potomac

346.800

262,500

Net

from

Net

ry.

139,117

$5,643,243

share———

per

375,000

March—

120,499

$9,631,498

878,125

$6,782,502

—————

(net)_____

income

771,998

$9,804,083

1.658,257

loans.——_

possible

168,

3.708,651

980.798

^

bank

on

10,727,063

2.046,287

———

abandonments—,

income

for

$76,560,098

$7,919,065

345,880

4,031,987

.

depletion™——

and

provision

—V.

'•

16.135,772

..l.

expenses.

income

Earned

..

general

_™.—————————

Non-operating
f

services.—!——

and

and

Estd.

1947

.

296.285

^

$29,997,346 $28,615,339

of

Dry

between

revenue...

Total

Cost

Selling, admin,

Gross

3,872;000

-3,867,000
•

-

RR.—Earnings—

1949,

1948

1947

1946

railway.—

$2,224,096

$2,383,799

$2,324,819

$2,497,810

railway.——

476,379

587,348

855,984

564,168

from

Gross

3,215,000
V

.

-

•

.

;

179,871

214,254

389,611

177,489

railway—

6,421,618

6,840,983

6.479,737

7,149,898

railway.-.—

1,061,115

1.727,409

2,083,727

2.459.530

income—

249,796

617,469

872,609

1,044,011

income—

oper.

Net

....

83,891,865

$0,358

$0,280

'

;

The

•

v'

100.22,

1948

*

$1,065,922

79,270

def.30,990

a

mortgage

buildings,

held

notes

payable

the

said

New

by

York

some

time

671,283

be

sold

1946
$9,162,210
632,281

1,196,072

2,420,957
,

per

stock

80,313

,.

new

Co.

28,248.410

3,067,770

1.322,367

the

time

share

1,

*'

if

the

notes

bid

for

100.555

in

the

the

as

amended,
to

the

payment
of

the

of

sum

to

of

an

subject

1952,

March

1,

shares

50,000

sale

incurred

$16,677,000
the

and

face

since

deposited

was

of

mortgage
of

the

indenture,
amount
..

of

1,

the

with
dated

company,

and

1947,

of

the

the

Trust

Sept.

1,

withdrawn

thereupon

outstanding

been

of

sale
of

new

interest

have

Bankers
as

,

and

and

accrued

Jan.

from

..

new'pre¬

issued

bonds

new

$21,677,000

of

at

plus,

1952,

of

1949,

and

any,

company

bonds

the

the

of

if

amount,

the

by

equal

days'
March 1,

April 26.
competitive bidding.

the jindenture

company.

the

premiums,

of

annum,

be

in part a.t
notice, at the
or

30

on

form.' the

securing

to

per

will

It

whole

after

or

4%%

1.

.

aggregate

provisions

prior

company
at

least

on

of

in

.

addition

received

under

at

upon

cumulative

quarterly

Dec.

company,

redeemed

than

to

rate

and

1,

redeemed

if

bonds

(other

the

at

the

dividends.

proceeds

proceeds

trustee

pursuant
,to

Brothers

entitled

Sept.
of

time,

offered,

new

be

3 949,

to

PLAN—In
now

stock

bonds,
as

1918,

25.504.245

4,071,603

1,

option

share

per

dividendsi

Of

.

and

Lehman

or
will be applied toward the cost,
.company's construction program.

r

6,734,052

*

5,834.380

Of¬

Stock

bid of 100.177 »per share.
HarrlUnion Securities Corp. bid

a

100.65

will

June

1,

accrued

$16,677,000

and

,vi.

2,620,502

1,209,960

2,084.197

$105

$104

stock

the

at

from

or

case,

preferred

$9,928,645

2,635.625

30,732.461

1947

bid

dividend,

March

March

FINANCING

r

'

1948

4,935.535

each

ferred

•

.

29.307.407

from

PURPOSE—The

$9,299,759 $10,921,436
1.517,657

of
of

in

Stock

to

Corp.—Preferred

May 2 on

Inc.,

$4.85

preferred

on

price

by the insurance

and; equipment located
established about three years

awarded

Co.,

for

redemption

any

mill

of

Electric

&

dividend.

dividends
to

&

new

price

three

Gas

was

both

$4.90
The

taxes.

land,

issue

Ripley

nian

1949

1819.

p.

fered—Offering of a new issue of 50,000 shares of 4%%
preferred stock, series G (par $100) was made May 5 by
a
banking group headed bv Salomon Bros. & Hutzler.
The stock was priced at $102 a share and accrued divs.

wholly-owned foreign subsidiaries.
169, pp. 1889 and 1674.

•

oper.

169.

Rochester

'!/

788,200

$4,976,298

$0,371

from

ry;

—V.

$4,680,065

v;i 788,200

/

from

Net

.1

24,000

-

$5,764,498

788,200

From Jan. 1—-0

Gross

886,326

.

from

1949

oper.

168,931
234,845

1,307,724

Richfield Oil Corp.—Earnings—

Net

Television, Iuc.—-Earnings—^.

from

Net

9,405,570

companies.—

equipment.!

f

|

67,486,034

$5,143,883

dividends

of

9,737,129

market.__

over

affiliated

$208,646 in

1947.—V.

1,197,170

-

stock

March—

Gross

not

*.

223,928

insur.

other
on

depreciation
in

Other

RCA

$88,053,297"

$5,932,083

and

153.010
5,2.52,867

433,013

quotations:

of

Interest

for

-

included

$2,277,099

Sales, cxcl. State and Fed. gasoline & oil taxes. $29,701,061 $28,269,459

Reading Co.—Earnings—

.

less,

——

76.738,712

—

amount

1947

$1,871,131

cost_r_

315,353

payable,

"Market

80,500,532

taxes..™.

income

interest

31

DEC.

From Jan. 1—

income

common

OF

—_——

..

1948

,

AS

j

163,105
4,864,134

L

payable—bank

reserve

will

$87,895,060 $76,465,407
153,237
94,639

*313,122

Zellwood, Fla.
The corporation was
by Richard Whitney, former
President

ago

SHEETS

;

Total
•

Subsidiaries)

$92,327,827

common

property

;•)•■■■■-

...

surplus

rate

•

:

plus

$1.06

surplus

the

the

properties of this company were sold at public auction on
May 2
Connecticut Mutual Life Insurance Co. of
$186,827, which- reprer

The

547,988

$3.48

BALANCE

at

foreign

Paid-in

stock,

$1,531,249

firm,

holders would receive $30 and
street and pieasa"t

$ '(^°:1 Pittsburgh Railways Co. 5s of 1953, $1,050'
Transft sSer'Rnn! °ad^ C°' 58 0f 1953' S1'060; and Suburban
transit Street Railway Co. 6s of 1953, $1,090,

in

Common stock

on

Ramie Mills of Florida, Inc.—Sold at Auction—

?veas«10 ?mres °f Federai

817,983

$3.04

_—i_.

receivable

Federal"taxes

1674.

p.

$92,014,705

profit

sented

1,013,216

L._—

charges

Accounts

The
to

$203,521

stock

common

common

.

ope.ned

Quarter Ended March 31—

1938.

Side

fne

the

10

1949

.

13,881,016 shares.—V.

Radio &

Co!

$2,331,832

LIABILITIES—

*

1932*

,_r_

$1,455,970

Total

(& Subs.)—Earnings—

■_

expenses

per

on

135,002

844,729

15,056

*

'

Co.—Registers—

has

operations

:

♦Including $200,000

5s

128,437

1,131,590

:

Earned

Unsubscribed

Exchange, to produce a strong, lustrous fibre,
superior to cotton or rayon—V. 167,
p. 1849.

burgh Inc
Railway Co.,

Hearing

.

Canton.—V.

1___

Federal

for

122,160

1,574,657

hand

or

of

T

income

Balance

u

£

Co'

—

stockholders, at

Sales

^istributed to public

vinSpSsSw

service

Preferred dividend

Pn

«

from

before

Avenue

End Traction

Street Ry. 5s of

receivable

and

1888.

p.

previously

Traction

a37' Plttsbur£h, Crafton & Mansfield Street
cffnMou- J;rachtion Co- 55 °f 1933; Second
o

direct

Islands

postwar reconversion-

..

and

stock.

share

on

value

1,447,351

for

and

plant

Note

200,861

Provision

$1,183,252

costs

surr.

each

guaianteed stocks. Foi each 10 shares of stock of Allegheny Traction
°n J°;v H°"solidated Traction Co. preferred, Du$50 in cShanrf
d Traction Co- of Pittsburgh preferred,
share? of Cwrni ni ?, sbai>es would be distributed. For each 10

S5201

Cash

Deferred

April 28 announced the opening of the
circuit between San Francisco and Canton,

patents & patent rightZS..

Balance

811,500

$3,606,915

plant & equip-

in

iJProperty,

on

radiotelegraph
said

expenses

of

2,085,000

$3,162,903

1——

securities,

Investments

1927.

and

Railway

before

or

••

——,

1,865,000

10,116

fund

Long-term

May 1, 1962
recently called for

shares'

held.

Interest

basis

of

5s

President,

income, incl. int. and div

Amort,

Co.

'

stock...

common

Inventories, at cost

^

Total income

179,962
15,6.96

1948

banks

.tAccounts

188&.

469, p.

Depreciation

each

Pittsburgh 5s of 1997.

Street

Manchester

in

(Bonus

' '• .!•:

May

on

,

common

receive

of

78,670

206,426

(cst.i

COMPARATIVE

.

Cash

due

Hampshire

company.
As
and sell 104,804

issue

(including

Other

114,903

ASSETS—

>;

♦Marketable

interest. "On

.

scheduled

share

income

32.255,295
5,397,180

104,626
—

preferred

on
011

taxes,

Quarter Ended March 31—r
Gross

49,207,643
5,384,643

wages

and

103

at

Radio Corp. of America

'

°* v0Ck would be distributed 011
r
Passenger Ry. 6s of 1924;

n

mn?^Sctinn

-

by

stock

Communications, Inc.—Opens Service to Canton,

He

$39,921,555

6,626,354

(dissolved

sub.

cpromon

Accrued

for

Philippine

$60,605,530

47,568,897

a.

included

Prov.

new

:

would be distributed
&

UNGUARANTEED STOCKS

p

the

169, p. 1819.

direct

China.

system

637,07o

-V--

paid

Accrued

1949

dividends

of

'

:

.

1958;

S»Ra^t?^n R/' Suburban
58 0f 1927;
1938,
West Liberty &

Rapid

headed

the week of May 9.—

were

16,150

138,031

$59,327,780

——

taxes

paid

ment

.

at

as

209,212

expenses

earnings

Earnings per

capital funds required for the extraor¬
(outlined in the « 1948 annual
report

China—
first

distributed

5s

Net

•

240,052
159,464

cos.__

applic. to.prior yrs., etc.

Depreciation

nf

.

one-for-

totaling

of

•Sout.li

and

affil.

„

Balance, surplus
Prov. for deprec,: of

Company on May 6 filed a registration statement with the
3EC,cov¬
ering $75,000,000 first and refunding mortgage bonds to be dated
1, "1949 and due June 1, 1979.
Bids are expected to be opened

$10,-

VaS P"que'sne fraction Co. 5s of 1930: Federal Street St
iKs Valley Passenger Ry. 5s of 1919; Fort Pitt Traction Co. 5s
inston Rv
fol- p-Pi °f l922: PittsburB'h Canonsburg & Wash-

new

a

being considered by the manage¬
issuance, of .securities., to be sold ir.

of

program,

later date.—V.

a

Net

ji!iSrth!!!/ha/e^

25

date

Public Service* Electric & Gas

Pleasanl

*

on

mortgage

underwrite

$39,268,335

Sundry charges

C.)

r

amount

Pittsburgh

'

be

'

•

now

are

.

or

additional

proposal

new:

filed at

new securities to each issue of pub¬
plan proposed by Philadelphia Co

Traction Co. of

? Allegheny &

of

dealers

will

$60,258,287

*

____________

admin,

income

the

has

iroh

5s

of

first

■

RvaC5s°nf iQ49S iShii19?7' J?deral street & Pleasant Valley Passenger
pihh
iiLf
a.' Etna & Sharpesburgh Street Ry. &s of 1923;

■TraJtlon

York),

be effective during

.

bonds

affiliates

the

shares,

follows:

of Ardmore Street Ry.

Pittsburgh Traction

iooi

rate

$58,744,097

,

Federal

' "

'

1946

184,167

foreign

&

'■

v:-

1947

.sold——

goods
gen.

'Spec, items

by underwriters.
The company has requested an exemp'r
tion from competitive bidding.
\C;
H'
The company also contemplates the future issuance of
$4,000,000 ot
bonds
at
competitive bidding, .as to
which an application
will
be

new

receive

v•„'■'

Co.—Annual Report—

property,

of

income

income

of

-

allows.

returns,
1

Loss of wholly-owned
in
1947)

purchased

stock.

in

and

interest

547,678

of cash and

securities

Alleghany

of

(New

extending through 1952."
2%%
convertible debentures

for

offered

one

be

security

would

new

stock,

and

against

exclusive

*iTinArtKen/h&sie*„ot,sfcock
$1,000 bond of

£ n?

or

type,

proposes

Cost and

Co

the

at

of $10,000,000

vVashington security
to

Service Co. of New

SEC

be

to

slock

which

new

the

cash

subsidiaries

claims

approximately

summarized

Pitas

stock

common

i

from

25, 1949,. the outstanding debentures may, at -the
holder, be converted into common stock at the rate

the

company

securities, y

and

of

financing

and

and

outstanding

and

of

,

1950;

new

Financing Plan—

v

s.hares of stock
of

of

15-year

shares

The

t1F"rn e.ach $1-000 unguaranteed bond, public holders would
of stock11
Ca
and nCW bonds plus the following specified

$2
as

shares

(D.

",l,'I' *'! ',

v

»

approved a change in name of this
Machines, Inc. See also V. 169, p. 910.

and

equipment

Dividends

Washington

*

"

"

■

disposal

,4'/a','0, cumul.

con¬

$10,902,167,

of

publicly

14%,

or.

$449,607

other

$83,000,000,

Thev.
held

of

business May

Public

amount

Go.

securities

bonds,

unguaranteed

Co.

receive

licly

Purchase

than

upon
an

Philadelphia

amount

guaranteed

would

150,763

and

stock.

*nay be

by

the

the

of

10

01

„

holders

exceeding

Cost

June

Philadelphia

i-

the

system

$4,515,550, would receive
35.1%, of the new stock.

would

in

for

the

from

approved sale

01

treignt,
on

and

Total

Y.

N.

•

provide the

of

close

"

unguaranteed

$11,707,500

$11,707,500

bonds

guaranteed

outstanding

rights

of

of

Public

securities

cash.

Holders
amount

system

permission

Inc.

outstanding
redemption on May 25,

stock.

of the distribution of cash and
proposed by Philadelphia Co, follows:

as

All

equipment
par

A general
summary

securities

Co.,

dinary .construction

own

guaranteed

to

their guaranteed

on

&

formulated

to

to

option

the

surrender

also

composed

.'to shareholders)

system.

more

no

bonds

allocated

the

by

as

reorgani¬

Philadelphia Co., which would'be
affecting system securities. *■ Guaranteed

guarantees

holders

in

the Pittsburgh Rys.
eliminated.
'

1,076,096 shares of
of initial operating

Under the
plan,
approximately 49%

of

would

New York,

bidding.

($2,736,800

single

a

been

requirements would,
the plan, be distributed to
security holders in
$17.00G,000.

of

than

be

of

has

capital structure would consist of
20-year 5%
first mortgage bonds of not

and

■unguaranteed
would

since

courts

companies

excess

summation
not

corporations;
1938.
v*

been

order

company.

company's

$6,000,000
Cash

underlier

making

underlier

The

50

calls for the formation
the properties now

operate

All

than

the

at

,

f *

•

(

bonds

made

A.

ment

$2,16

:

1948

discounts

Dividends

592,250

which .is expected

have

stated

Pittsburgh Rys. operates a transportation system of
trolleys ancf
in
Pittsburgh and surrounding territory.
The system,
which
more

be

Gallagher. President, on April 23 stated in part: "No new fi¬
nancing is being presently undertaken by the company, and no plans

buses

comprises

'

stockholders

the

•Interest

Co.—Bids

169, p. 1818.

R.

(parent),

of

He

;

*

Avildsen Tools

Miscellaneous

Public Service Co. of Indiana, Inc.—No New
Financing
Presently Contemplated—
"" V"T"7

the

long-standing differences between, public holders

Pittsburgh Ry. securities

Commission

A syndicate
Dillon,
Read

An¬

248,469

$1.71

stock

common

i

•

.

28,

less

-

the

involves

claimants

out

sell

at competitive

company

mortgage

will

100 Broadway,

will be offered present stockholders

426,509

219.529

Reorganization

\<

to

Dividends

of

out

r.*

566,537

Pittsburgh May 3.

Bosheil,

that

to

225:184

plan for reorganization of the

District Court

trustee,

Power

has received

company

670,799

Railways—New

first

'Payment

next,

negotiated basis.

nounced—Would Eliminate Underlier
Companies—
TJ. S.

corporate

of

1,

(EDTi, May 9.

a.m.

olfering

Pittsburgh

$218,150

interest.

and

Electric

109.919

1490.

p.

monies,

100

June

on

Financing Plan Approved by Commission-L-

66,517

.

redemption

1803.

p.

492,414

income.,__

oper.

$148,613

11:30

1946

'

railway
railway

169,

41,392

1947

$191,315

68,386

29,304

from

from

1943

$202,586

income

oper.

From Jan.

to

%

1949

$150,903

railway
railway.-

/».'

gain

plant

The company is inviting bids for the purchase from it of 810.000,000
of its first mortgage bonos, series due 1984.
Such bids will be received
by the company at Room 822, 929 E St., N. W., Washington. 4, D. C., up

Pittsburg & Shawmut RR.—Earnings—
from

for

fund

at

York Trust Co.,

168,

313,103

496,935

—

y\y.

Bonds—

,

March—

dross

1,

Potomac

1888.

p.

on

Rhcem Manufacturing

Selling,

output

April

kwh.,

called

sinking

New

$2,460,679

313,103

;

—v—

_l-_

1566,

p.

Feb.

and

been

unexpended

—V.

electric

paid—

by

existing

,

due

Philadelphia Electric Co.—Weekly Output—
The

have

Nov.

656,533

1,733,164

$2,016,422

share

per

:

On

Poli-New England Theatres, Inc.—Partial Redemption

1948

$246,164

•

680,029

1,377,800

I

—

Calendar Years—

Philadelphia Dairy Products Co., Inc. (& Subs.)—Earn.
.

income—

dividends

company

Net

income

4,850,376

depletion

on

dividends

i

.

Net

$15,408,987

income

169,

'/

ex¬

occupied

American Coating Mills, and to retire $1,500,000

10J/2.—

1949

95,715

$13,351,147

_______i_—4,074,251

operations

and

'

■

1948,

80,251

Republic Drill & Tool Co*—Name Changed—

»

Quarter Ended March 31—

from

taxes

Earned

The company,

—

ark, N. J., in the form of 15-year sinking fund notes. The

bought

around

1949

;

j

.

■

Preferred

1674.

p.

debt.

was

v",\

.

(tons')..—__

*2,105

income—.

oper.

proceeds will be used

Vice-

years.

price

income

'

(i■

,,

products

sales

Net

cellulose

Depreciation

it was announced May
2, has obtained a $3,000,000 loan
from the Prudential Insurance Co. of America
of New¬

given a three-year con¬
Vice-President in charge of

average

Rayonier Inc.—Earnings—

(

7

1—

Plough, Inc.—$3,000,000 Private Loan

1339.

p.

1947

$538,007

230.905

■

income™

Monday, May 9, 1949

Common

-

elected

was

preceding

the

the

the

1948'.
$688,994

.

railway--....

from
ry.

Ry.—^Earnings—

1949

$688,526

railway——_

from

Net

Virginia

<;;

.

Jan.

Net

15%

was

been

four

Gross

domestic

about

dividend,

corporate

and

had

He

for

that

down

West

CHRONICLE

i

,

railway

oper.

FINANCIAL

been

a

Mr.= Steel

March

in

year.

Coca-Cola

his

169,

director

a

$85,000

Mack

made

was

ry.

From

paid since the
earnings will be suf¬

market 16,000 shares of its capital
to buy over a five-year period.

agreement

from

Net

in

manner.

during

not

centered

the

Net

the

use

sincere

were

&

•

from

*Deficit.—V.

have

payment

meeting
aud

improved

March—
Gross

8 %.'

or

which

the

they

were

open

This

and

Mack

warrant,

at

N.

sales

7%

1949

Pittsburgh

the

aid

should

group

stockholders

the
of

Washing¬
pointed out,

greatly

equitable

an

of

board.

the

if

year

in

told

foreign

would

on

bottlers'

next

months

dividends,

Mr.

discussion

contracted

V.

four

around

of

to

year

tract of Alfred
in

off

were

the

President,

first

quarter,

this

Much

Jr.,

question

that

Durr

whom

of

one

voting

representation

purpose

L.

Margaret

cumulative

representation

although

sales

the

to

stockholders,

of

that

the

and

;

for

obtain

tp

given

minority

suggested

statement
efforts

of

group

adoption

obtaining

stockholder

proxy

.their

support

&

.

.

applied

short-term

Volume

The

the

of

sum

$5,000,000

payment

pwlng

stock
the

of

will

total

face

March; 15,

1949

preferred

new

aire

chased

stock

and

the

principal

respective

6,700

Central

Drexel

6,700n-

Shields

''

Weeden

&

Co.—_——

M.

Loeb, 'Rhoades &
_L——./.L—„L._

6,700

Trustee, Etc.—
The

The

Co.

Republic
&

1,438,769

4,674,425

equip._

1,568,751

1,525.514

4,551,282

4,606,194

■•3,905,110

11,512,895

702,626

2,101,318

2,040,765

Net

3%

mortgage

„

expenses.

!

notice

A

dated

due

bonds

due

gage

May 2 to

April

Dec.

1,

1,

1933

and

bonds due Nov.
in part:
L■

mortgage

*

.__

54,867

income

available

fixed

charges

;

••

says

holders

All

issued

of

under

surrender
Chase

the

arid

Bank

bonds

July

1,

to

mortgages,

and

terest

1949

for

March—

of

of
or

said

securities.

Gross

sink,

funds

Net

deposit

shall

them,

certificates

with

All

securities

by July
bonds

shall
of

Rochester

under

become

the

shall

Transit

Corp.

bonds

participate

(The)

Net

*

-Based

In

after

per
oh

less

than

than

the

Net

169,

free

and

1948

now

provide

for

the

1,890,535

1,307,498
$2.99

,896,553

.*1,683,445

875,144

789,854

;

26,615,507.

4,214,784
1,969,912

4,029,586

L
.

24,504,922

22,859,158

4,800,861

1,777,850

2,222,004

President,

regular quarterly
' r

April 2,'49

Mar.

$21,087,283

Net

12,728,655

_—

j.

405,644

sold—.

1,319,643
1,736,079

358,596
955,580
1,364,296

920,408

419,173

$1,176,607

f$719,441

55,250

55,250

_

products

taxes

on

expenses

income^—.,

-

27,'48

-From

Gross
Net

Net

$603,194

$479,917

122,045

*31,785

o'n

I

_.L—_

preferred

._

shares

shares—

com.

i

$1,121,357

*93,112

66,312

*88,852

J " L

L_

liabilities

$1.28

$0.76

6,334,223

1118.

p.

t

7,428,110

1

■

,

'

'

-

'

com¬
loan for

Bankers Life Insurance Co. of Nebraska.
fori 10 years,

is

The

carries interest at 4V4%

for annual payments against

1.342,362

1,482,052

1,376,905

1,247,383

"168.609

64.827

*152,022

*30,136

ry.

*318,289

*87,273

*326,178

*129,221

Period End. Mar. 31—

Railway
Net

principal.

-

-

169,

Sacramento

Northern

Net
Net

ry.

•

1949

railway
from railway.—
income...

oper.

1948

$166,477

;

*17,538
*42,894

*

1947-

$159,776

of

*11,609
*37,490

*45,891

Net

ry.

439,121

169,

*162,728

devoted

to

1889.

p.

Co.,

Cleveland,

O.

Partial

—

Re¬

J
has

company

shares

7.''"

of

its

informed
$100

the

New

York

cumulative

par

Curb

that

Exchange

stock,

preferred

••
'

•

The

series,

4%

'1

"/o

■

•'

s

tk

.

;.;v;" .*.

;.VV! ;

stockholders

have

voted

t

split-up

a

of

capital

the

the

stock on

basis

of sik Shares of new stock for each share of the
presently au¬
thorized capital stock, it was announced on May 3.
J
'
Michael Kaplan, President, announced that arrangements are being

'

made

with

balance

Willis
the

of

per .share.

new

and calls

:

■

E.

Burnside

&

Co.,

Inc.

original offering of stock
also V. 168, p. 1734.

See

the

continue

to

the

on

new

of

sale

basis

'

tha

cent3

50

at

;

...

Signode Steel Strapping Co.—Places Loan Privately—

The company on April 18 obtained a
$2,000,000 loan from
the Prudential Insurance Co. of America. This loan is
to

v

The
term

period of 15 years, maturing April 1, 1964,

a

proceeds of

The major provisions of
(a)
1949—3 Mos.—1948

Immediate

equipment loan

of" income

maximum

made

are

to

be

ment

3,,620,219

full

3,310,817

3;
,790,425

1,128,169

2,315,069

2,734,704

1,000,165

1,413,710

1,412,278

1,802,522

For the

permissible

against

transferred

called

income.
earned

to

loan
•

169,

Co.,

/.

paying

William Street,

22

New

<r

follows:

:

.

1948.

of

the

1

$1,543,882 of

principal

&nd

the

loan

accrued

proceeds

interest

used

was

these

on

in

bor¬

company to maintain working capital of $2,000,000/
requirement, working capital will include inven¬

purpose of this

have

of

such

$4,832,055

dividend

earnings of the
the

tion

York,

been

March

on

31.)

,

date

agent,

as

Subsequent to April 1, 1950 dividends cannot exceed 70% of the
earnings of the company for the period beginning April 1, 1949,
terminating at the end of the last fiscal quarter preceding the

net

for

1819.

p.

are

..."

would

1947

Farmers Trust

Y.—V.

the loan

(c)

of

N.

1

tories of strapping tools and machines, although reflected on the com¬
pany's statement of financial position as noncurrent.
(Signode's work¬
ing capital under this formula after giving effect to the Prudential

Bank

*100,943
*171,623

29,

payment

per annum.

be used to supply the necessary longof the company's plant expansion pro¬
of loans that would have become duo

repayment of the outstanding borrowings under the
of March 4, 1948, and the term loan agree¬

(b) Requires the

£

earned

to

will

agreement

rowings).

and

been

Dec.

3,140,928

charges and other deductions.

have

of

1,428,011

transferred

and

the loan

capital for the completion

gram, and for the retirement
within the next five years.

-Li

L'^-3

for

run

and bears interest at the rate of 3%%

-

redemption June 1,- 1949, for account of
the sinking fund, $288,400 of first mortgage 4 %
bonds, series A, due
Jan. 1, 1996, at 100 and interest.
Payment will be made sfc the City

1012.

p.

be

to

Partial Redemption—

;

390,455

*77,255

*210,929

I

income

oper.

''Deficit.—V.

433,344

169,

1734. '

p.
■■

1, next, $1,300,000 mort¬
interest rate and 3r/c cdn-

if sinking fund and minimum capital
charges arc made against income——

There

*138,141

__

r_•

income

"After -fixed

•

From Jan. 1—

Gross from railway
Net from railway

feet

square

now

stockholders of record at the close of business on April 29, 1949, whoso"
certificates were drawn for redemption in whole or in part.—V. 168,

surplus
fund

.

$139,514

*18,774

V.

see

1,485,888

1,185,599
1,241,069
906,720

surplus if skg. fd.
capital fund chgs,

JBalance

Ry.- -Earnings—

March—

income

oper.

Balance

—

Gross from

110.000

space

been drawn fqr redemption on June
1949, at $105 per share.
Notices "with
respect to the redemption have been mailed to those_

oper.-revenues-'$12,412,097 $12,653,576 $35,324,616 $35,523,253

ry.

*Net- income

1567

p.

additional

The

Oct.

on

1949—Month—1948

Total'income

''

"Deficit.—V.

contain

entire

the company's long-range expansion program,
shares of common stock were publicly offered on

•

1—

from

will

the

V

27,

4,950

Seaboard Air Line RR.—Earnings—

*18,188

railway

Jan.

lrom

twice

.have

$664,191

CURRENT ASSETS AND CURRENT LIABILITIES '
assets ____•—
' $19,395,166 $16,943,698

169,

and

19,761

income.

structure

than

more

Sightmaster Corp., New Rochelle, N. Y.—Stock Split—

loan

$454,037

43,256

oper.

proposed new Medical Research
Pa.,.is expected to begin late in September,,
2 by
Dr. W'. A. Feirer, Executive Vice-

steel

and

space,

demption—

1946

railway
z
oper. income—

ry.

corporation's
May

Sherwin-Williams

$16,545,741

15,528,902

______

bonds.. These, bends carry a 3% fixed
tihgent interest rate.—V. 169, p. 1271.
1947

*

the

on

finance this part of

208,373

it was announced May 3, has concluded a
$1,250,000 with New England Mutual Life Insurance Co.

dividend."—V.

1943

_

of

brick

new

floor

To

1711.

p.

SpBlJin. Stefl Co.-—Arranges Private Loan—The

said:

$456,468

railway——

railway—

$3.17

adopted

research.

*265,186

pany,

Abraham,

1949

from

$1,956,340

$4.71

:

__v

classification

account

at the
This change does not affect income for the quarter.-—V. 168,

announced

The

of

1,222,282
'

gage

from

$2,905,301

—

—

with

conform

•

Rutland RR.—Earnings—

Net

to

1

*1,081,009

The proceeds .will be used to retire

Gross

:

—

—

share—J—J

,

was

'

March—

45,330

1,256,758

As previously
announced, the building which will cost approximately
$4,000,000 is expected to be ready fpr occupancy by the spring of 1951.
"In the new laboratories, present research
programs will be consoli¬
dated and expanded,'! Dr. Feirer said, "new ones will be launched and
greater and more efficient space and equipment will be provided."
>

1946

1,662,433

$8,920,931 $13,993,505

outstanding.

Herbert

791,666

1,915,400

taxes——_

President.
1947

-

25,928,354.

earnings. LLL

<

—V,

461,980

2230.

p.

1948

$7,761,113

earnings applic. to 841,847
Earnings per common sh^re—

during the first quarter of $949 were considerably
corresponding period of 1948, net earnings were more

to

ONLY

$8,660,243

Net

c.ear

sales

in- the

COMPANY

sold-L____ii

on

for

Dividend

the

for

$1.06

report,

462,407

Sharp & Dohmc, Inc.—To Build New Laboratories—

-

paid

Current

taxes

shares

with

sufficient

,168,

and

income

/Laboratories at West Point,

$717,142

1-—

products

Provision

claimed

or

1949

•

shared—

437,586

connection

''Although

.

charges

common

of

Current

L.s•

—

profit

*$877,439

620,360

$9,306,459

Distribution, adinin.' and general

Ruberoid Co.—Earnings—
.

—

per

2231.

p.

733,727

-

1,705,544

from

Freight

dis¬

the

deposit

property of Rochester Transit Corp.
claims and interest.—V. 167, p. 474.

sales

'"Earned

617,181

$461,282

'

sales' _-L'-___-__.L—____■L___■

Net
Cost

'

Net

V-

819,682

-

206,783

3 Months Ended—

mortgages, together with all interest
earned
by or set aside fcr said securities

Quarters Ended March 31—

23,448,271

507,189

895,650

expenses—

———71,968

—

estimated

income

^ear-end.

$2,314,302' *$2,071,229

aforesaid

theretofore

for

"Reclassified

r "

April

^

*

'r

Net

/v?

exchanged

not

certificates of

or

in

modified.

as

the

and all

any

deposited

■'

expenses

general

Scott Paper €0.—Earnings—

-

reorganization

1949, by holders of

1,

issued

dividends

and

of

and/or

$27,960,779

27,519,881

and

wages

and other expenses—
depreciation-and amortization

Earnings

$9,067,015

income___

ry.oper.

*Deficit.—V.

Tne

delivered

plaii of

""

244,877

.

1949

railway
Net from railway—
Net ry. oper. income

present,

surrendered,

said

OF

"

7

-

Prom Jan.

bonds

for

t

ral)way_i.__
railway—;
j

from

Net

1, 1949, no bonds or certificates of deposit for' the bonds
the aforesaid mortgages, or
any of them not so presenteo,

under

24,362

$33,815,391

—,—

materials,

incl.

103,235

taxes

administrative and

Interest

234,273

$2,095,611

V 11-872

:

$912,942
.

205,727

from

Gross

issued under
tribution

4,394

275,036

Depreciation

set aside

161,175

$2,326,174

$917,336

$1,004,614

EARNINGS

earned

or

179,550

Selling,

it

t

by

—

property

for

Prov.

1,934,436

.

;

$523,851

Corp. as provided in the plan of reorganization of New York State Rys-.
(Rochester System 1
as modified, dated Dec.
1, 1937 and in the oraer
oS the Court dated Jan. 17, 1939, together with interest and dividends

.'After July

49,804

series

of the City of New York, or in the case of first
depository which issued such certificates on or
for exchange for securities of Rochester Transit

the

-

2,146,624

.

income—

'

deposit such bonds

or

and other

Total

$22,830,920 $23,718,423

867,532
•

for

__5—

of Securities Ter¬

any

or

Dividends, .interest

Construction

certificates

of

*1948-

$33,581,118 $27,857,544

Contingent charges—in¬

if..- ','L.L L;;L

holders

or

1949
re-

'

■/.,

aforesaid

deliver

National

mortgage
before

bonds

I$8,031,395

; 4,559

Fixed charges

State Rys. first consolidated
and certificates of deposit therefor,

1962,

•

<

salaries,

954,306

from

Balance

York

New

1,

689,393

$1,009,173
Deduct's

holders of Rochester Ry Co. first mortgage
and Rochester Ry. Co. bonds, second mortr

1930

4,377,720
-

$7,737,937

income..

oper.

Balance

Rochester Transit Corp.—Exchange
minates on July 1, 1949—

Subs.)—Earnings—

>

sales, fless discounts, outward freight,
turns
and
allowances——.;

Provision

Co., New York, N. Y., has been appointed trustee,

paying agent and registrar for $16,677,000 first
-*'L"ibonds due March 1, ,1979. See V. 169, p. 1819.

oper.

ry.

Other" income

V: \^v':;''

;;

■

of

$9,854,818 $27,481,916 $28,135,329

Manufacturing costs,

—

.vL.-

way

expenses

Total

Shares
.—"5,000
(Inc.) 2,500

(&

13

12,820,223

Li

Inc.——-J. 2,500
2.000;

Co.

Co.

Corp.

Gross

4.251.2411

pur¬

&,Co.2,500

&

1,561,450

of

Other

'

Co.

Steel

Quarter Endad March 31—

& struct.

'

Inc.—

•

Sharon

1949—3 Mos—1948

$9,606,676

Milwaukee Co.——— 2.00Q

<v .;»:•*

Bankers Trust

&

Cooley

Spencer. Trask; &. Co.——— -0,700
v

be

(1997)'

Ry.—Earnings of System—,

1949—Month—1948

2.-

revenues

-

Maintenance

NO.Of'

'L;;..;V;,':

Coffin & Burr Inc.—_

Hutzler—

to

CHRONICLE

the

of

...

Stroud

Co.

shares
:

FINANCIAL

Transportation exps.___

on

incurred

underwriter

numbers of

6,700 V

&

Period End. Mar. 31—

•

each

of

follows:

as

Bros.

outstanding

&

St. Louis-San Francisco

Maint.

costs.
name

COMMERCIAL

Operating

indebtedness

represents

VShares

Carl

which

notes .payable

No. Of

Salomon

the sale of
required,, to
may
then
be

of the company.

notes

short-term

and

received from
to the extent

amount

face

$18,850,000

was

construction

6f

UNDERWRITERS—The

,

oe

remaining

amount

THE

similarly
applied,

be

to

uponrthe outstanding short-term

The

lor

Number 4801

preferred

new

the

169

L-V-V;

firscal

must
and

(d)

payment

company

for

declaration,

or

and

70%

of

two-year period terminating
prior to such payment

a

exceed
1948

the

dividends

43.5%

were

Dividends cannot

be

paid

and

declared.

or

38.0%

the

declara¬

or

(Dividends

respectively

of

paid

in

earnings.)

net

paid unless after giving effect

net

the end

at

quarter immediately

to

such pay¬

ments,

Safeway Stores, Inc.—Domestic Sales LowerPeriod End. Apr, 23—
•r

1949—4 Wks.—1948

T'

-

Domestic

sales

Canadian

sales

■—v.

$

$

*■ •

-

86,561,321

92,837.537

7,245,691

________

;■

y

6,451,495

________

Six Months Ended March 31—

'r'

<g

347,595;833 369,241,896
27,476,563
24,361,013

Equity
v

discounts

in

earned,

San Antonio Uvalde

Net

earnings of insurance subsidiary

consolidated

&

Not

;V

1947

194G

$295,739

2.957

19,692

*50,668

Net

•Times

Jan.

*51,850

621,316

744,354

11,997

*66,230

*159,736

*225,662

*266,275

*162,563

2,781,476

2,339,660

497,083

347,889

-L.

of

the

.

a

1948,

\

to

change

sales

is

now

the

tBased
March 31,

on

r

hand

.••.

under

a

portion

be manufactured.underthe

of: the

brand

company's

prepayments

final

and

(g)
bank

V-t 1949

"...:

The

169,

of

preferred

"

April

April

1, 1952, and

April 1 of each year

011

to make annual principal payments
final payment 071 April 1, 1964, of
entire loan.
However, the company;
April 1, 1950, make additional prin¬

of

$100,000

each,

thus reducing

the

amount

the

of

is allowed to make equipment loans and current
at long as the aggregate of these do not exceed

company

borrowings

§1,500,000.
FINANCIAL

.Cash

:'L

POSITION

AT

MARCH

31,

losses)

46,536,792

1949

.102,963

Actual

_L;
of

Other cmrent assets—

;

"Pro Forma

$573,996

$1,031,339

2,762,009

!

products

2,762,009

1,702,428

1,702,428

$5,038,433

$5,495,776

2,035,722

1,985,722

$3,002,711

$3,510,05*

41,711,981

notes-receivable—_^_

assets—
—

Inventories

1948

$4,100,882

capital

(less

stock

reserve

of

for

wholly

over

equity

in

net

.

135,312

owned
525,050

assets

500,000

697,055

consolidated—.*—

not

Total
Current

thereof
51i;637

,v

current

_______

assets

;

.

liabilities

451,612
r

at^-datesr of "acquisition—un%naortiz, portion^^
Deferred charges *__LL4—t—-------

;

31

$6,229,787

in

subsidiary

.

payment

payment.

<7.4

recoveries: 1949,
March 31, 1949

MARCH

equipment and improvements (net)-'
Excess ' of. cost
of,acapital stock .of subsidiary

products

name San-A-Pak.—V.

on

,

on

restrict

•

SHEET,

Furniture,

companies

that

•'

BALANCE

' v-V
demand deposits^

receivables

Investment

made

through

1, 1963,
of $100,000.
This will require a
$800,000 in order to liquidate the
may, at its option, on and after

$1.01

•

$1.05

less

909,380 shares

1948.

$948,890

9.4

;

receivables,

on
on

V v

Accounts land

.V.¬

being

on

Instalment

^hcludin^ lacia} tissues,'-'dinner napkinsand

Poin(ed put,

for losses

$468,085.

815,115; shares

Cash

recent report to stockholders pointed

company's

i

tMhroom tissues

Vln,
1491.

proposal

thereafter,

on

•.

requirements do not

dividends.

Current

Co., Inc.—Changes Name—

Katz.^President, in

'■

dividends earned—
common share outstanding

preferred

$534,356;
and

$1,064,902

-

ASSETS—:

a

527,000

612,000-

CONSOLIDATED

Products, Inc.

bulk

taxes—

income

169, p.. 1711.

on, April
26 approved
corporation to Doeskin

the

L

.

dividend

.

$4,163,439

~L~.——a

'. ^Including provision

3,800

income.—

stockholders

that

for

tEarnings per
830,616

oper.

' '

31.)

The

cipal

*104,595

51,906

Emanuel

p.

* *90,877

.849,71.1

of this

name

;

railway..—.

San-Nap-Pak
The

stock

$4,955,461

paid '■ _1—

Provis"ion

1—

from.railway

ry.

(c)

38,285

$188,089

from

after adjustment for the Prudential loan would have been $3,510,054
March

$4,163,439

not

l___-rL

Interest

194a

$286,789

*Deficit.—V.

out

RR.—Earnings-

railway,._L~L Li'V-. *2,512
oper. income
^
*G7,768

From

Net

Gulf

1S49

railway...—

from

Gross

.$4,917,176

—_■————_,--I

"Operating, expenses

$273,966

from

ry.

etc.—

(f) Signode is required

March—
Net

commissions,

1567..'

169, p.

Gross

1948

1949

.

Interest,

Total

.

the working capital would be at least $2,500,000, exclusive oi
Inventories of strapping tools and machines. (Signode's working capital

Seaboard Finance Co. (& Subs.)—Earnings—

1949—16 Wks.—1948

570,843
745,808

531,188

Net current

assets—working capital.L——
yVdd gssets other than current:
r
Strapping tools'and machines—
t
Property, plant and equipment-—
;

Other

•

npneurrept

__i—

3,006,972

3,670,161

3,670,161

522,563

522,563

$7,199,696

assets'——

3,006,972

$7,199,696

$55,134,472 $48,206,038
St.

Louis

Brownsville & Mexico

March—).
y ■
f
from railway—if"

,t-

1949

Gross
Net

from

"Net

ry.

-»

Gross

from

Net

from

Net

ry.

—V.

income—

1—v':

$1,995,222

232,222

670.06Q

141,001

O

•

$1,881,681

.

364,670

'

■

t

•«.

322,065

Z

4,891,511

Net
r

846,633

2.198,834

1,683,920 f,

355,321

1,141,658

ry.

L

:

5,989,415

..

'V

:

Net

ry!

1948

.

V.

$369,491

$383,940

106,271

.,v

93,891

income—

43,987

35,829

.1947

$348,427:=
•v

797,959

$319,603
•

41.015

*17.259

976,064

853,241

267,462

225,053

261.816

income—

90,833

64,219

oper.

"Deficit.—V.

169,

p.

:

1711.




•

15,

1951_

cpnverti|)le preferred stock------—-

Capital
Earned

(par

$1)

'

,

.

>

.96,859.

170,471'
..

.

*No

47,190

loan, matfifitips pve?.- one year
^Equipment loan (net)——
;
Fifteen-year note—Prudential Insurance Co.

Customers'

Reserve

8l5,il5

—

4,769,474

1,651,25$

/;

&

contingencies——1—_
^
•T^"'' a'

2,000,000

1,609,850

1,609,850

53,401

53,401

_1_
':h

Total liabilities other than current——

$55,134,472 $48,206,038

share.—V.

169,

pp.

382, 808.

*

;

'

Net wotth

"G.ivipg effect

$3,155,908

Gas Corp.—Secondary

Offering—A

secondary, distribution of 25,000 shares of common stock
(par $1) .was effected May 5 after the close of business
Lby Smith, Barney & Co. at $29% per share. Dealers dis¬
count $1.—V. 169, p. 1889.
,

,

(tbtal assets minus total

to Prudential loan,,

liab.)

$3,663,25$

$7,046,499

$7,046,499

'

s >

;

■

I'l.-Z''1'

.

Changes in Personnel—
John

Oii

deposits anri prepaid rentyls___

750,000

742,657

3,851,807

1,983,650

stock at stated value of $50 per

Shomrock

for

4,920,600

____________.

surplus

surplus

par

'

26,045

1,066.417

■":

Dec.

i- 1946

1,065.151

f

notes* due

,,

Term

140,322
1,350,445

4,144,600
909,380

-

5.750,000

1,521,282

Common ^stock

;

105,886-

.

*$2.60

1,657,546

railway——
railway-——

;

397,959

5,750,600

subordinated

current

Funded debt—

349,198

Unearned ^income-w—_—

y.

—

1949

...

railway—_

railway—'—^

oper.

from

—

245,633

4,451,258

1567.

p.

from

Net

463,001

Dealers'* reserves, ——f f

assets other than

Deduct liabilities other than current:

1,209,338

373,450 ;

piyi^ejbdS tpfi'yabie

233,619

v

730,1-79...

income—

'From Jam 1—

Gross

1,559,002

v

4,261,247

March—Vr
from

$33,415,000 $27,770,000

Notes." payable—unsecured _—__——-----Taxes payable and accrued———

421,489

731,498

rauway____

Gross "from

Net

L

~

.

v,

,st. Louis-Sail Francisco & Texas Ry.-Earnings•

Total

.^LIABILITIES—
194G

$1,545,355

;

raiiway____f_

oper.

169,

V

Ry.—Earnings-

1.9481947

,343

railway—r__^

oper.

From Jan.

'*

H.

Leslie,

engineering,

previously Vice-President

in

charge of

research

and)

has f>een elected President.
r
■
,
John W. Leslie, foriqer president, and John S. Gorman, First Vicepresident and Director of SfUes, have been elected to newly established
offices
of Chairhian
and Vice-Chairman of the Board, respectively.
■

Joseph Pols, Treasurer, has been eleqted ^ Vice-President and J.
Moon, Sales ManAger, has been promoted to Director of Sales.
1

M.
.

-

COMPARATIVE

sales

Rei.

198,117
25,797

145,362
31,813

$4,386,901

$3,868,658

4,002,428..-. 3,469,897
—148,019
157,225

2,661,600

$236,454

$241,536

$251,892

124,726

105,931

87,583

$111,728
50,744

$135,605
51,873

$164,309

-

Operating cost and expense-!——_
Federal income
Earnings

*

tax

•

w

;

--

paid".,:

Dividends
•

Surplus for period
Preferred shares outstanding

outstanding
preferred share
share—

per

Earned

per

—V.

169,

$4.66

shares

authorized

$4,457,776

2:301,009

Net

from

1,920,405

Net

ry.

269,909
309,396
643,599
467,834

241,760
300,985
549,285
432,358

$1,248,114

$1,152,821

466,605

407,430

$1,006,984
324,209

depreciation

for

Taxes other than Fed. income taxes

taxes——

Federal income

—.

earnings from operations— __
income
(net)_——:
—-—

Net
Other

Total deductions

(net)

Gross

accrued

Dividends

stock—

pfd.

on

Balance
Cb«v.

Eafftings per
—V.

169,

3,629,824

2,597;856

98,478,577

93,487,100

23,620,441

9,484,334
2,611,062

169, p.

8,176,344

ry.

1947

1948

Net

from

2,691,703

$3.21

$2.62

Net

ry.

letter of notification with the SEC
for 125,000 shares of common (par $2), to be offered at par.
Under¬
writer, Charles E. Bailey & Co., Detroit. Proceeds will be used to pay
cuffent liabilities, buy new machinery and to provide additional work¬

The

444,529

2,010,169

61,301,230
15,896,624

56,376,029
13,288,263

54,967,549
12,217,645

7,121,727

5,660,344

Water

South

of

which

Corp.,

Service

and

Bay,

530,565
131,469

"Prov.

for

Taxes

(other

than

1949—12 Mos—1948

78,768

74,195

1,224,075

inc.)

98,336

1,241,360

Other

$411,279

$6,331,887

$5,338,631

2,314

994

65,905

for

and

continue

to

income

Net

2,480,503

month

the

alohe

April

which

were

South Bay's

$19,000

South

rates

There

would

Bay

six

are

Co., Inc.;

rates are

in

individual

dividends

cumul.

on

preferred stock

Earnings
to

to 1,349,832 shares of com. stock
share of common stock

per

"Includes

depreciation

operating expense

the

Uniform

of

Accounts

the

of

$3,103,396

$3,529,948

$2.30

$2.62

equipment which is

the books of the company

on

System

transportation

on

(Includes 112,486 shares issued in March,

charged

S.

A.

Marburgei-

S.

regulations

and

the

of

P.

its

of

excess

current

assets.

to

for

dent

.

New

Lancaster

properties,
of

though

even

substantial

any

in

increase

operating

revenues

that

hearings

with respect to
would
not be
pro¬

successful,
revenues,

of

some

by

of the

reason

the

smaller

iive

of

Federal

been

sold

Sfervice

equity

officials

the

in

When

the

assets

South

York

Service

Water

officials

felt

that

security holders with
SOUth Bay might operate to the detriment
of

assumption of control

equity

no

of

r;>.

:•

.

Nbw

in

the

of

the debt holders and other

from

ry.

and

named ViceDivision, ac¬

been

have

Holland

in

the

Machine

Division

Lancaster,
new

a

and

Pa.

assembly

1948

$188,735

the New

of

Holland's

New

Co., ac¬
for farm

center

$159,408

including bond
and

interest

sub-divisions

in

taxes

and

which

due

South

to

Bay's

properties are located.
New

York

Water

Net

from

Net

ry.

38,560

in

its

balance

sheet

as

at

Dec

31,

all

made

York
YoiU

by* New York and Federal Water & Gas controlled New
Service Corp.
These assets, representing a cost to New
Service at the time of their acquisitions
under previous

Water

Water

managements
balanoe

V.

.

168,

p.

$1,647,748,

of

New

York

were

carried

Water

423,024

479,295

454,350

345,220

"7,303

107,434

113,951

eight

shares

shares

this

of

a

zero

Corp.

at

valuation
Dec

31

on

the

1948

of

Eltectric output

Inc.—Exchange of Stk

company's stock is now being made on the basis
Mathieson Chemical Corp. common stock for each

Southern

Acid

stock.—V.

Southern Colorado Power
of

109,

p.

Gross

73,746

37,177

*

.37,290.

.

30,875

169, p. 15

3,040,000

Portland & Seattle Ry.-

as

Co.—Weekly Output—

compared

SEC—

use the proceeds of the sale of the bonds to
provide a portion cf the
funds required for property additions and
betterments or to reimburse
its treasury in part for expenditures made for
such purposes
These
expenditures are estimated at $11,700,000 for 1949, 1950 and 195.1

1820.




$279,716

716,201
=

169,

815,870

803,173

906,862

23,090

11,822

32,331

18,462

"1)2,964

"183,612

"143,121

"146,573

1713.

p.

before

1948

1949

$844,322

$626,328

taxes

238,005

share

per

$523,579

$1.13

$1.52

shares—L

344,000

on

320,843

$388,323

.

949.

Sylvania Electric Products, Inc.—Earnings—
1949

>,

1949

$27,108,895

earnings

Average

of

1,228,772

1,162,737
1,006.550
$1.06

taxes
shares

common

-

share

per

169,

$24,547,529

1,176,815

$0.88

after

no.

Earned
—V.

1342.

P.

of

after

income

No.

1949

1943

$157,795

$172,310

322,056

322,056

$0.46

charges

and

taxes—

shares

common

Earned

—V.

-—

$0.51

share

per

950.

169, p.

|

Tennessee Central

Net

from

Net

ry.

—V.

1947

1949

from

Gross
Net

from

Net

ry.

from

630,464

390,360

460,890

230,266

364,067.

68,561

214,714

43,271

income

5,516,737

5,827,653

1,243,509

979,814

462,681

7,996

Staley Manufacturing Co.

5,089,237

169,

Texas Gulf

Gross

722,330

429,316

111,098

(& Subs.)—Earns.—

1949

1948

$7,318,082

1,440,815

298,860

254,552

1,766,334
224,874

555,000

682,000

2,024,000

Depreciation

1,058,772

856.674

50,550

120,439

86,026

65,175

"170,271

"26.550

"30,252

1604.

p.

Sulphur Co., Inc.,—Earnings—

for

income

on

(net)

profit

$905,268

outstanding
Earnings per share

$1,113,166

846,506

„_

shares

COMPARATIVE

846,506
$1.26

$1.01
BALANCE

SHEET,

ASSETS—

income

$14,954,696 $14,303,976 $11,871,986

9,423,051

profit

169,977

118,416

430,179

287,104

100,000
1,897,000

100,000
1,083,000

2,501,000

2,318,000

$4,512,979

$2,952,734

outstand._

$5,582,020
3,840,000

3.840,000

3,840,000

Earnings per com. share

"$1,.90

$1.45

$1.18

$0.77

—

shares

Com.

The

~

during the March

states that

report

approximately 80%

supplied

quarter

1949

sulphur

the

of

required

by

the

company

Sulphur Ex¬

for its sales made abroad, resulting in higher earnings for
the company than would have been the case had it supplied the usual
port Corp,

indications

Present

Corp.

Export

are

that

the

more

than

half

of

1949,

with

current

company

its

tonnage

will supply Sulphur
for the remainder

1949.
of

As

and

MARCH

$3,302,874
846,506
$3#5

31

March

U.

S.

Current

amount

the

depreciation)

charges

Total

of

surplus
of

Reserve
March

at

$27,500,000,

corresponding

date

Texas Mexican
1948

$1,380,299
6,449,818

Gross

Net

from

28,300,480

Net

ry.

328,417

25,646,573

17,409,660
918,496

$53,817,137 $54,787,170

March

$46,749,607,

in

the

$40,533,412, unrestricted,
1948.—V. 169, p. 1119.

for

was

restricted

with
31,

Ry.—Earnings—
1947:'

1949

1948

$269,909

$249,758

$249,160

$186,759

98,980

93,982

125,923

27,407

income—

47,353

47,163

95,327

"4,075

803,359

685.671

654,745

531,411

288,581

235,118

279,696

152,133

130,318

105,173

183,749

60,589

oper.

1946

1—

from

from

cash

in

railway—
railway

From Jan.

ry.

$19,465,726

provision for current taxes,
contingencies amounted to $3,516,608.

1949,

compared
at

from

Net

including

$11,036,950

for

31,

March—

Gross

assets,

certificates, were $27,600,423.
This does not
sulphur above ground or materials and supplies.

including

liabilities,

$11,699,114.

Earned

973,955

assets

31,

Treasury

include inventories

315,342

Inventories

for

$4,541,254

195,099
502,387

100,000

inc. taxes

profit

18,125,394

receivable

res.

7,110,135

8,677,506

155,741
434.254

-

$6,332,056
3,340.000

Net

1949

(less

1946

1947

sulphur

contingencies-

$4,532,851
4,223,022

Cash

assets

1948

1949

from

&

Operating

were

Deferred

12,190

1,105,666

1947

$3,490,533

1,351,677

Permanent

693

1,174,215

_

misc.

rev,

sales

4,588,625

1,239,650
■f

$3,110,805

earnings

Other

"12,213

income—

.(Not availlable.

3 Months Ended March 31—

Net

50,732

31,814

railway

oper.

"Deficit.—V.

of

Common

$312,350

44,111

231,425

railway

Fed. & for'gn

1568.

taxes

1946

$371,269

61,882

1—

Jan.

from

50%.

(A. E.)

1947

$416,402

90,787

income—

oper.

ry.

$1,729,804

income

p.

1948

$415,821

railway

railway

1946

$1,807,654

railway

169,

Earnings—

1948

$2,010,435

railway

oper.

Ry.—Earnings—

March—

1—

railwayrailway-

income— i'"-;

oper.

"Deficit,—V.

169,

1492,

p.

LIABILITIES—
Notes

payable

—

!

Accounts payable

Sinking

fund

Sundry

other

Funded

Capital

—

Net

from

1,873,505

_•

6,742,608
1,685,562

Net

ry.

3,550,000

accruals

225,000

4,022,012

income

stock
surplus

011

Texas & New

'937,792

225,000

debt

Earned

taxes

$3,000,000

$1,191,222

payment

Accrued Federal

The company filed with the SEC on April 29 a
registration statement
proposing the issuance and sale at competitive bidding of $3,000 000 of
first mortgage bonds, series of 1949 due 1979.
The company intends to

169, p.

=80,913

income

Net

Southern Indiana Gas & Electric
Co.—Registers With

—V.

"36,774

taxes

169, p.

Res.

$2,101,201

this company

kwh.,

"44,148

Depreciation

railway

from

1340.,

for the week ended April 27
1949
with
2,553,000
kwh. for
the
corresponding week last year, an increase of 19.1%.
v. 169, p. 1890.
totaled

"7,439

=76,402

3 Mos. End. Mar. 31—

railway

Jan.

Accounts

of

22,331

Quarter Ended March 31—

74,198

.

Southern Acid & Sulphur Co.,
3V2

at

Service

2231.

Conversion
of

of

sheet

—V.

10,199

1948

fully reserves its investment in the common stock, preferred stock and
loan account and notes of South Bay which it owns. These investments
were

1947

$278,407

20,499

22,506

15,551

income

oper.

From

Federal

Service

1946

1948

$325,422

•

income—

$116,469

58,079

Expenses

divisions

profit

Federal

Net

33,126

$198,609 '

1949

from

Gross

governmental

Ry.—Earnings—

Sutherland Paper Co.—Earnings—

1946

23,521

railway

Spokane

requirements
the

'

=26,056

1—

"Deficit.—V.

Net

1947

44,434

railway

oper.

sentatives of the preferred stockholders made it imprudent for New York
Water Service Co;p. to continue to finance the current
working capital

Bay,

$0.60

$238,716

-

railway—.

oper.

From

March—
Gross

;-

by

assets

of South Bay.
Both the management and executive com¬
mittee of New York Water Service Corp. felt that the circumstance of
assumption of control of the South Bay board of directors by repre¬

South

$926,738

$0.97

railway

Net

creditors

of

'!•

1948

1949

,

Amortization

Bay

basis.

representatives

railway

"Deficit.—V.

Bay preferred stock issue has no
after deducting South Bay's debts,
are restated on an original cost

South Bay
of

for

(James) Talcott, Inc.—Earnings—

former Dellinger Manufacturing

the

railway
income—*

from

Net

that the South

state

assets of

fixed

operations

includes

oper.

Net

Bay's nine directors.
No dividends have been paid
Bay preferred stock since 1932. The stock had originally
the late twenties and early thirties.
New York Water

in

Dellinger

New

1949

from

Gross

South

the South

issued

1949

Jan.

ry.

From Jan. 1—

very

properties

,

on

C.

President of

March—

produced.
(4*1 Assumption of control of the board of directors of South Bay
by representatives of its preferred stock. The preferred stock of South
Bfty contains provisions whereby, upon default of four quarterly divi¬
dend payments, the'preferred stock, voting as a class, has the right to
elect

be

$1,456,233

share

railway-

from

Net

1949.—V. 169, p. 1820.

Spokane International RR.—Earnings—

rate

stated

Delp,

Holland

plant

from

amount

will

808.

p.

from

Gross

ry.

smaller

Paul

corporation's

quired by Sperry last; Fall,
machinery.—V. 169, p. 949.

Net

small

which

taxes

railway
oper. income—

Net

Machine Co., Sperry farm machinery subsidiary.
Mr.
Marburger is Vice-President for the New Holland plant at
Belleville, Pa., where he is General Manager in charge of manufacturing
farm equipment for the New Holland line. Mr. Dellinger is Vice-Presi¬

Net

the

;

Holland

rules

bond interest and

pay

Gross

ductive of

ar.d

George C.

to

not

officials

the

of

cording

Bay

Iri

company

ry.

in accordance with
Power Commission.

Sperry Corp.—New Vice-Presidents of Unit—
Presidents

capital

purposes.

Quarter ended March 31—

hearings with respect to each property,
no matter
how
small, would require a very considerable period of
time in order to effect any substantial increase in operating revenues.
addition,

Net

Net

tBal, applic.

have to file for them property by property.
properties in South Bay Consolidated Water

individual

and

corporate

including those
169, p. 1492.

Sales

at a level which would permit the
company to earn sufficient operating income to provide a fair return
on
depreciated original cost of property plus working capital.
The
P. S. Commission has indicated that in order to
obtain increased

(3)

;

for

from

345,313

$6,397,793

income

Accrued

22, 1949, South Bay had cash of $26,526.
In
cash requirements for bond interest and taxes
At March
31,
1949,
South
Bay
had current

its

May

$124,500.

are

liabilities

At

of

from

resulting

services,

new

Commission.

Net

$3,448,709

387,341

$412,273

$5,380,252
1,931,543

$3,917,290

$462,723

deductions

compulsory investment requirements

the

meet

to

future

common

from

Earned

Gross

t-

■

.

to permit South

Insufficient cash

(2)

after

169,

Net

Income

Capitali¬

41,621

income

.

taxes

the

outstanding,

13,654,150.—V.

per

Gross

1,058,698

$460,409

operating income-

in

that while there is no present plan
shares, the directors believe they should

Quarter Ended March 31—■
Net

,

said

Staten Island Rapid Transit

Net

creditor, announced April 27 that, as a creditor of
South Bay," it had filed a petition in the Federal District Court to
have South Bay placed in reorganization under the Chandler Act.
New
York
Water
Service officials indicated that its decision
in
taking this step stemmed from the following factors:
(1)
Insufficient fxed assets on an
"original cost" basis, after
pfoviding for depreciation both as required by the P. S. Commission,
to ffover the total debt and accrued interest of South Bay.
The debt
of South Bay consists of $2,839,000 of first and refunding 5%
first
mortgage bonds due May 1, 1950; $173,000 of Great South Bay 5s
due Nov.
1,
1249, assumed bv South Bay; and note and old loan
account
due
to
New
York Water Service Corp.,
including interest
accrued but not paid, in the face amount of $1,051,739.
The South
Bay bonds were soid in 1925; and the assumed Great South Bay
issue was assumed by the company also in 1925.
Both the sale of
the larger issue and the assumption of the smaller issue took place
While South Bay Consolidated Water Co., Inc., was under previous
managements.
The insufficiency
of net fixed assets
is based 011
writing plant account down from the appraisal basis, on which it was
set up in 1925,1 to original cost;
and adjusting depreciation reserve
to
estimated
lives
established and
required by the Public Service
commission.

of California—Increase

additional

in

now

profit

—V.

1,009,600

112,519

depreciation-

$9,000,800, remains

Standard Steel Spring Co. (& Sub.)—Earnings—

Gross

Earnings—

$1,183,613 $16,024,367 $13,571,970
501,640
6,023,407
5,188,441
98,163
1,203,637
966,601

$1,313,731

Maintenance

substantially all of the
same time is South Bay's

owns

the

at

Petition

—

Service Co.

1949—Month—1948

Operating expenses.

Co.

Chairman,

of

total

From

Southwestern Public
Period End. Mar. 31—

over

,

March—

it is understood,

company,

little

a

Quarter Ended March 31—
Net

5,592,851

4,594,094

plans to ask for bids, to be opened
on June 8 for
the purchase from it of $7,500,000 equipment trust certificates.—V. 169, p. 1890.

single

largest

income

oper.

Operating revenues

stock

common

railway—
54,563,902
railway——10,303,849

now

1946

a

ing capital.

York

its

„

available

Shares

Earned

from

Gross

>

railway— $18,948,872 $21,282',992 $19,350,090 $19,507,336
4,424,619
2,005,609
5,877,338
4,765,390
2,156,721

backlog,

on
May 5 voted to increase authorized
15,000,000 to 20,000,000 no par value shares.

Collier,

issuance

scrip,

Ry.—Earnings—

income-

D.

for

railway

oper.

H.

be

1949

from

from

Net

—Files With SEC—

Niew

from

stockholders

stock from
,

1713.

March—

Net

$937,401
356,814

South Bay Consolidated Water Co., Inc.
Seeks Reorganization Under Chandler Act—

remuneration

extra

no

zation Approved—

To Sell Equipment Issue—

The company on April 18 filed

received

169, p. 705.

Standard Oil

*=2,274,360
=1,809,404

7,781,911

The

;

income—

Southern

Manufacturing Corp., Roseville, Mich.

D.)

(H.

it

Although there has been a decided iet-down in obtaining new orders^
Clansky said, the company has a fairly good schedule for the
quarter. He forecast fairly good operations for the next six

:

1890.

p.

Smith

which

Mr.

$33,538,748 $31,168,279

95, 151,778 105,810,530
11 832.075
22,540,553
2. 633,310
8,229,677

railway

"Deficit.—V.

$1,148,437
356,814

share

common

for

months if the comnany's

3, 427,645

railway.—-

oper.

$3.04

31—

$0.01

meet

He pointed out that such conditions were not in effect during the
corresponding period of last year, that tlje situation has eased and
that the company is not now ordering premium steel. :
i

1—

from

from

$1,300/757
428,176

—

outstanding Mar.

shares

96$
266,000

$0.53

»

$0.93

1946

1947

From Jan. 1—
*

to

steel

firm.—V.

1948

$35 397.127 $37,611,127
6, 765,314
9,104,383

income

oper.

Net ry.

$1,448,963
$1,296,642 $1,085,606
148,206.'
148,206 *
148,206

income

railway,
railway

From Jan.

Net

Gross

Net

266,000

$0.95

266,000

1946

customers."

Earnings—
1949

from

Gross

$1,331,193
245,587

$1,560,251
263,608

$1,714,719
265,756

income

Gross

1947

1948
$5,144,568

,

order

mium

program

March—

300,665
345,674
733,777
558,367

———

Maintenance

$1,437,000

141,579

second

2:357:747

revenues

SSS

1947

$2,494,000

253,903
266,000

delivery requirements and to effect better oper¬
ating schedules during the first quarter of this year," Roy W. Clansky^
President, said, "the company utilized a substantial amount of pre"-

„

1949
$5,544,343

31—

1948

$3,608,000

profit

"In

'

1949

—

Com. shares outstanding
Earned per share

additional common stock in the ratio of one new share for each 10 held.
Price of the offering and the record date will be determined later.
—V. 169, p. 1890.

Electric Co,—Earnings—

12 Months Ended March

Provision

Net

at
the annual meeting.
The company's
this year is budgeted at $4,300,000.
Chairman of the Board, and C. P. Rather, President,
on May 5
announced that the company has filed with the, Securities
and
Exchange Commission ari application for
permission to issue

$u.bu

Corp.—-Earnings—
$4,146,000
247,035

Shipments

C. T. Chenery,

Southern Pacific Co.

Operating

Standard Forcings
Quarter End. Mar. 31—

.

Sioux City Gas &

Monday, May 9, 1949

increase in

an

was

construction

$4.8o

1890.

p.

it

common

f k 2'

$0.5b

approved

retired; employees. The retirement
disclosed, will cost approximately $200,000 arinually for
the first 11 years, and $157,000 annually thereafter.
C. T. Chenery, Chairman, and C. P. Rather, President, stated that
the company has no present plans for the sale of the additional 500,000

0ec'o#!2

^4.66-

$0.53

common

May 4

on

order to grant greater benefits to

in

plan,

161,875

L

37^°99

shares

Common

KUflhed

CHRONICLE

FINANCIAL

the authorized
capital stock
to 2,000,000
shares from 1,500,000 shares.
Approval
also was given to the proposal to amend its retirement income plan

$3,075,367

Total

stockholders

The

93,156
13,367

tools & machines
royalties and other inc.

from, strap,

&

Southern Natural Gas Co.—Stock Increased—
1947
$2,968,844

1948
$3,691,483

1949
$4,162,987

——-

Dividends,

ACCOUNT

INCOME

three Months Ended March 21—
Nit

COMMERCIAL

THE

(1998)

14

3,775,000

13,465,060

13,465,060

29,490,338

24,956,148

—V.

169, p. 1492.

$53,817,137 $54,787,170

1949

from

railway

oper.

_

1947

1948

1946

income—

$10,210,974 $11,237,304
3,514,608
2,708,326

$9,733,583
3,363,889

713,542

375,950

_

railway-

1,489,142

1,467,192

2,168,364

29,629,946

31,795,623
9,130,738

27,313,832

25,698,120

3,609,392
3,564,392

6,308,302

$8,609,253

From Jan. 1—
Gross

from

Net

from

Net

Total

Orleans—Earnings—

March—
Gross

ry.

—V.

railway

_

railway
income—

oper.

169, p.

_

_

6,850,041
2,479,776

3,649,291

1492.

(Continued

on page

51)

4,721,974

Volume

COMMERCIAL

THE

Number 4801

169

&

FINANCIAL

CHRONICLE

15

(1999)

Stock Record «» New York Stock Exchange
DULY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY USTED ISSUE

STOCKS

Range for Previous
Range Since Jan. 1

Year 1048

Lowest

Highest

$ per share

$ per share

76'

100

Dec

May

2Va

Dec

6%

Jan

44%

Dec

55%

Jun

14%

Feb

23% May

35

Dec

46%

27%

Dec

41% July

7%

Feb

22%

Jan

Dec

$ per

Sper share
38

17% Feb

10
5

Dec

99

27% May
108

Nov

May

Adams

30

Jan

14% Feb

19% Jan

6

18% Jan

3

97ya Mar

9

100

$3
Air

4% May

3

13%

Dec

13% Feb

15

65

Nov

21% May
80% Jun

3% Apr
15% Mar

64

Apr

14

70

2% Feb

25

3

40'/a Feb

25

4% May
58% Oct

Feb

37

65% Dec

64% Jan

75

May

Dec

34

May

Dec

109

May

99% Apr

90

Mar

96

Apr

91*% Apr

11%

Jun

23%

7%
*171

Dec

198

Mar

May

104

21%

Jan

16'A Apr

25%

Dec

25 ys Feb

83% Jan

Mar

30% May

25

77 ys Jan

3

82,% Apr 20

X25

Nov

31%

Oct

26% Jan

3

31% May

5

3% Jan

6

3y8 Nov
44

6% May

3

Jan

3

Jan

37

Apr

29

43

50

121

18% Mar

-58%
31%
103

3

Dec

10

Mar 30

American

Jan

4

63

Mar 30

3%%

20% Jan

3

24% Mar 31

74

Jun

10 Va

Dec
6% Jun

92% May

76% Feb
163% Oct
28% Nov

177

19
8% Mar 25

Jan

10

104

30% Mar 23

common

cum

93% Apr 27

3

177

7

Jan

69

28

82

Apr

39% Feb

20%

Jun

14%

Dec

22 ya

Jun

81

Dec

94

Jun

77

33% Feb

43

Oct

Jun

11

108% Feb

15

46% Apr

4

15% Feb

Mar 11

8

42

Mar 11

Jan

3

105

Mar 12

29 Ya Jan

3

36% Mar 31

non-cum

f per

5

17% Jan

19%

Oct

15% Feb

24

19

Apr

13% Jan

5

1%

Sep

4% May

1% Jan
44
Jan

4

43 y4 May
7%

Jun

6% Jan

46

Jun

53

Jan

47

26% May

24

8% May
92

10% Feb

Jan

15 ys

Dec

5% Jan
73
Feb

Jun

31

37% Feb

4

4% Jan 20

47% Jan 27

5'

28% May

5

80 y4

4

May

102

Jan

30

20

12% Nov

21% May

12 y4 Feb

11

14% Apr

12

72% Dec

94%

Jun

76

Jan

3

81% Apr

20

10% May

6

Feb

15

Feb

6%

5% Jan
Feb

Jun

7% Feb

25

83% Feb

11

176

Jan

32

70% Feb

22

Dec

12 y8

Jan

Feb

28

Oct

23% Jan

46

Apr
May

x43% May

38

Sep

46%

Feb

31

Mar

125

Nov

>■

68

163%

Mar
<

6% Mar
38

Jun

142

35% May
Jan

130

Feb

Feb

13
14
14
7

*1%
*52%
7%
46%

89%

*88%

Co

30%
3%
41
98%
35%

30%

30%

30%

30%

7%

23

63%
63%
*8%
8%
31 %
31%
102102 •
6%
7%
3
3%

39
140

28

21

Dec

27

Apr

21 y4 Jan

10%

Dec

24%

Jan

34%

Feb

41

Mar 31

Apr 27

6%

17

18

Jan

6

92%
*175

175%

~

92%
176

27%

*67%

*26%
*68

80

27'%

69

27%

3,500
6,600
5,000

69

*21%

22

21%

108

106'%

106%

42%

42%

100

22 V4

8108%

1,100

42%

42%

1,100

39%

40

40%

18%

15%

18%

*18'A

18%

140

2,100

15"%

16

18'%

.

16

16

700
700

'

*104

105

16%
16%

2

1%

1%

1%

54

50%

52%

*51%

7%

7%

40%

41

104%

104'%

*32 'V,

7,600

104%

700

33

800

Friday

Sales fer

May 6

33

Thursday

May 4

the Week

May 5

$ per share

$ per share

S per share

5%

Shares

5%

5%

5%

16%

17

17

17

17%

*16%

17%

16%

16 %

16%

17%

17%

16%

16%

800

1%

1T 8

1%

1%

1%

1%

1%

2,100

5%

5%

53%

53

54

7%

*52

52

54

8%

1,200

1,700

52%

900

8'%

2,400

778

3%

8

%

46%

*48

47

46

46

700

35%

35

35

35

35

3,800
1,000

45

*44

47

46

35

48%

32

79

PRICES

Wednesday

May S.

share

*77%

79

41%

41

104%

31%

31 %

31%

Tuesday

$ per

41%

105

105

31%

*77%

79

3%

3%

*3%

7%

3%

4

3%

47%

*46

47%

27%

28%

28%

28%

28%

28%

28

28'%

8,200

6%

6%

6%

6%

6%

6%

6%

9,100

*46

27%
7'/a

*71

*71

76

12

12

12%

47%

*46

47%

*46

G%

*71

76

*67

76

12%

12%

76

12%

*12%

12%

*12%

12%

*71

76

1,800

17%

17%

17%

17%

17%

*17%

17%

17%

17%

17%

17%

600

14%

15

14%

15

14%

14%

14%

15

14%

15%

14%

14%

6,100

*80%

83

*80%

81

*80V2

81%

80%

80%

*80%

81%

*80'%

13%

137b

13%

13%

81

80

80

*13%

Snuff Co

22%

22%

100

*100%

1

*5%

100%
6%

-No par

34 %

34%

No par

934

No par

*89%

934
89%

Co

*76%
12

No par

Co

*172

7%
v

*39%
45%

25

com

preferred

28

*146%
38%

100

*140

Foundries-—No par
Stores Co
No par
Steel

Sumatra

81
6%

Ltd com_No par

No par

Seating

13%
13%
81
*80
6%
*6%
23
22%
*100% 100%

13%

*80
*6%

No par

Ship Building Co
No par
& Refg common—No par
preferred
100

Ameriqan

*77%

6%

American Sugar Refg common
7% preferred

126% Jan

79

27%

American Stove Co

30

15%

15%

*77%

17

*17%

92%

92%
!175

42

*15%

17

12%

3'%

22

18 %

18

7%

American

120 Ya Apr
xl6% Feb

18

17%

*46

900

7%

'

16%

7%

4,900
3,800

102

7%

103

42

5%

45

101%
*3y8

69

29

70

8%
32'%

3%

26%

*106%

42%

81/4
32

102 »/4

1,400

66

7% =/ 7%

92%

*67

21%
107

48%

13

July

41%

27%

24% Mar 29
10

106%

6%

12% Jan
37% Jan

21%

21%
21%
*107
103
42
42%
17%
17%
*15%
15%
*77%
79
39%
39%
103% 104
*31%
32%

27%

4
25

69

*46%

6

31% Feb

*67

'

100

23%

3%

175

26%

26%

8%
32%

101

v 2

7%

173%

174

3%

American

May

91%

26

8%

-

63'%

3%

3%
91%

35%

—

Molasses

non-cum

91

102%

7

3%

23
*65

321/8

8%
32

102

7

•

*62%

100

preferred

American

8%

101%

•

64%

31%

3%

7

Jan

8%

*173%

25,500

65

31%

3%

700

9'/4

24

64 «/4

*35%

Smelt

7%

24

8%

*6%

36 'A

9

9%

1,900

1

preferred

Am

24

*63%

3%

7%

Amer

23%

64

31%
*101

36%

63

23

*63%

102%

36

9%
62%

35%

Amer Rad & St

3

36

9%
62%

9

400

3y8
42

101%

1

Amer Power & Light com
$6 preferred

7

36

62%

1,600

of 111

American News Co

10

41% Feb

36

9%
62

23

23

*3

*38

42

400

31%

31%

101 %

15,000

82

common

Co

Locomotive

American Metal Co

56% Jan

36

9

l

Amer Machine & Metals

154% Jan

.

101

3%

Amer Mach & Fdy Co com—No par
3.90% preferred
100

4

*37

101

62

61%

*81%

3%

42

100

36

9

61%

*3

3%

3%
*37

*35%

preferred

$5

3%
41

100

3%

American

25

3%

301/s

29%

30%

300

89%

*88

31%

5%

12 %

27%

82

5 %
16%

76

*88%
30%
82

35'%

*67

6,100

82

*3%

preferred
100
American International Corp.No par

400

27%

30%

50

com

27%

82

35%

preferred

Ice

*27

27%
89%

29

1

com

27%

27

82

5 %
16%

7%
46%

16%

29

$ per share

6

1781/2

28%

97%

800

1,000

178%

82

*38

6%

*16%

180

82

*30%

200

93

6%

16%

*178%
*16%

17

*27

300

2,500

271/8

180%

16%

721/4

211/a

*90

7

34,200
4,800

100%

2iya
100

93

7

89%

No par

& Leather

non-cum

11

28

par

4

3

20% May

*17

5

5

131%

*88%

179

30

46%

72%

*90

6%

27%

May 2

40c

May

Feb

8

24

8'% May

3

No par

X29 % May

4

Jan

Dec

32%

93

6%

27%

Monday

*5%
16%

San'y com—No par
preferred
:
100
American Safety Razor
5

23% Feb

34% Jan

May

14% Jan
175

8
11

6%

4% %

Jun

16%

conv

American

35%

116% Mar

6%

American

22

25% Nov

140

104%

*90

6%

26%

69

'

93

800

2%

46%

21%

1,900

14%
66

2%

101%

11,700

3%

14%

73

21%
*100

100%

23%

66

46%

3,500

,

105

3%

3

73

21%

*100

26%

69

39%

73

21%

6%

26%

15%

73

22

100%

*90

91%

79

74%

21%

27%

173 %

$ per share

i

American Home Products—

14

10% Apr
94% Apr
79% Apr

Mar 31

6%

American Hide

19

34 %

10

11% Apr
169

16%

139

*31%

*72%

LOW AND HIGH SAME

American Hawaiian SS Co

101% Apr
6% Jan

8

Dec

16% May

Feb

162% Nov

*103

No par
lo

30% Jan

3

11%

69% Nov
12%

Jan

95% May
86% May

Feb

7% Mar 14

22% Apr 29
4
96% Jan

35

80% Nov

39%

No par

American

Jun

29

*77%

46%

26%

26%

42
18

46%

27%

91 %

20%

45%

27%
27
89%
28%

173 %

108

2%

16%

26

92

174%

2%

178%

Apr. 30

preferred

American Investment

Feb

Dec

3Va

141/4
65%

16%

Saturday

$7 2nd preferred A

20

95%

•

*107
42

*17%
15%

10
com

$6

30

1

6

8%

20%

No par

17% Apr
18% Jan

15% Mar
14% May

98

*69

1

97%
35%

14%
65%

177%

69%

•

25%

$7 preferred

4

Jun

Dec

7%

92

No par

,

31%

3%
-

'•

102%

*7

*173%

Foreign Power com__No

AfSr

Jun

5% Dec

Amer &

12%

19

93

31 %

25

,

8%

*99%

100

Export Lines Inc

7

26%

July

American

24

Dec

35

8%

No par
100

American Encaustic Tiling-,
American European Secur

75 % Jan

Jan

24 y» Mar

64 %

Par

23

13%

Dec

23 %

STOCK

7% Apr

16 '/a

6

*

14%
65%

16%

8%

23%

No par

5

11% Feb

108

6

Jan

3

y4 Jan

Dec

4

Apr

9 % Apr

3

Jan

Feb

5%

10

51

Mar 21

3% Jan

8

58

3

35

Apr

2% Jan

3

38 ya Jan

20%
79

18

3

Jan
Jan

*3
*38

9

*63 %

1

Co

30%

61%

*60

•

Inc.—1

Cable

&

28%
*81%

30%
3%
42
98%
35%

-10

common

*88

82

•

100

$ per share

17

Dec

Dec

8%

EXCHANGE

6% Apr

13%

Dec

98%
*35

par

preferred—_No par

NEW YORK

28

14% Mar

3 '%

*3

*37

1

preferred

Colortype Co
Crystal Sugar
prior preferred—

Highest

share

4% Feb

7% May

35%

1

_50

com

*27%
26%

*13%
*65

600

5,200

46%

23

3%

200
*

*100

3%

46%

*100

23%
105

3%

3

18%

*46%

46%

23'/4
*100

18%

2%

65%

45%

23%
103

3%
%

14

65%

178

STOCKS

$ per share

77%

*30'A

10
10»j
American Cyanamid Co com
lo
3%% conv preferred series A_i00
American Distilling Co
20
4% %

Range Since Jan. 1
Lswest

Highest

Dec

No par

No par

American

87

99

*88

28%
*81%

American

18

Apr

26%

50

American Chicle

17% Mar 21

11

15% Feb

Year 1948

Nov

27%
26%
89"%
28 %

preferred

Range fer Previous

6%

*27

100

Broadcasting Co

4

18% May

8

178
*16%

16%

22%
*100

3%

2%

*46%

46%

*46%

22%
103

3%

6%

6%

177%

7%
preferred
American Car & Fdry com

5 %

7%

177%

preferred

7%

93

*6%v
*16%

common

conv

American Chain

6
15

35% Feb

107%

Jan

22% Mar 30

20% Feb

*80

Mfg common-No par

Jan

172% Mar 17

22»/4

5

preferred

Airlines

74

102 '%.

*100

18%
*40

46%

22%

14

*65'%
66
2%
3
45%
47
*72
74 y2
21%
22y4
*100
101
*90
93

2%
45%

*46%
*100

14

14

No par

Petroleum Corp

21%
22%
*100
103
*3%
3%

21%
103
3y2

*45Vs
*70
'
22

l

81

20

37

46%

7%
46%

*46

50

100

Amer Cable & Radio Corp
American Can Co common;

Jan

Jan

*46 V4

1

No par

7

33% Jan

89%
14%

7%

3% Jan

106 % May

Dec

7%

3

Dec

42

7%

Jan

Aug

Jan

7%

3

15

5

7%

American

May

I per share

7 %

3

May

Lowest

7%

11

21

29

49% May

7%

com_

Jan

51

Feb

18%

10% Jan

110

Feb

17%

2

Apr

Dec

94%

18%

6% May

100

Jan

25

18%

American Bosch Corp common
1
Amer Brake Shoe Co com—No par
4% conv preferred
100

10»% Mar 29
35

25% Apr

27

18%

Agricultural Chemical_No

6%

Jun

Jun

17%

:

American Bank Note

14

lOOys

18% Mar
38

66% Feb

62 ya Jan

Amer

49 y«

Nov

104%

Jan 31

Apr 18
40% Jan 25

111

Sep

17%

Alpha Portland Cement
Amalgamated Leather Co
6% convertible preferred

3

43% May

Dec
Nov

6%

17%

Inc

conv

7

29% July
70
May;

Feb

3V*%

3

51

29%

17%
7%

Corp common
preferred

6% Jan

Mar

*29

1,000
2.3C0
5,200

41

29%

14

89% Feb

68

*40

29

66

34y« Jan

Nov

18%

40%

28%

*65'%
2'/2

Jun

10

18%

40%

28%

*13Va

Mar

52%

Oct

18%
40%

28%

5

May

Dec

6%

18%
40%

10

Amerada

34'/a
47

5

106

Nov

83% Feb

18%

&

Allis-Chalmers

25 y8 Feb

451/4

28%

No par

Jutt

210

44%

40%

No par
100

42 ys May

45%

18%

Allied Stores

98

45%

29

Allied Mills Co Inc

Dec

45%

2%

40 ya

6

Dec

45%

11,600

2%

2%
45%

*28%
17%
7%

2

73

2%

*40

Feb

26%

2%

18%

21%
*100'A
*3%

4%

2%

72

41

Allen Industries Inc

20

2%

Shares

40

*70

72

the Week

share

39%

40%

*70

vr

29%
17%

Allied Chemical & Dye
Allied Kid Co

Jan

40

72

*70

S

18%

l

Equipment

preferred

Inc

72

*2%

40%

40

40%

Sales for

Friday
May 6

May 5
$ per shar*

share

*40
*28%
17%
7%

1

90

18%

$ per

1

28

8

81

45

$ per share

No par
Corp__lo

28% Jan

25

'

29

45y4

45%

18% Feb

3

Feb

34% May
37 y» May
91
Jun

25% Jan

25

17

8% Jan 10
188% Jan 24

Mar 28

174

16% Dec

45V*

*45%

4y4(w

Mar 12

93% Feb

4

*70

*2%

Co

Reduction

Aldens

73
May
27% Jan

6

26
19

6% May

2

47% Feb

24

21% May

100

40

72
2%

preferred w w
100
Allegheny Corp common
l
5%%
preferred A
100
$2.50 prior conv preferred-No par
Allegheny Ludlum Steel Corp.No par
$4.50 conv preferred
No par
Allegheny & West Ry 6% gtd—100

May

Dec

2%

3

40%

70
2%

74
2%

Vicksburg Ry
Alaska Juneau Gold Mining

Mar

Jan

Gas

Alabama

Mar 30

Nov

2%

Express

Affiliated

8% Apr 19
46% Apr 20
23% May 5

40'%

2.50

Co

Corp
Addressograph-Multigraph
Admiral Corp

26

40y2

*65

Thursday

May 4

May 3

S per share

10

Motors

Adams-Millls

27% Mar 28
5

No par

PRICES

Wednesday

Tuesday

40V4

5

new

Steel Co

Acme

41% Apr

Jan

Laboratories

ACF-Brill

3 % Jan

49% Feb
19% Jan

35

May %

S per share

Par
Abbott

21

Monday

Apr. 30

Abraham & Straus

May

Apr

44

Saturday

share

72

May
2
2% Feb 23

LOW AND HIGH SALE

STOCK

EXCHANGE

40% May

Apr 22

70

7% Apr 26
46'A Apr 21
xl8%

NEW YORK

Highest

Lswsst

23%
23%

7%
28

39%
45%
147%
38%
142

24
23%

No par

9

9

100
100

34

34

120%

120 %

5

*17%

18

Tobacco

13%
79

6%

6

.6

500

23 %

23%

23%

233/4

24

24

1,800

100%

100%

*100 %

100%

*100%

100%

*6

22%

5%

57s

*6

6%

34%

34

34%

6%

*6

*33%

35

9%

9%

9%

97 s

89%

891/2

89'%

76%

75%

12%

12'/a
*172

7%

29%

*39%

45%

44%

147%

146%

38%

38%

*33%

142

45%
147%

23

120%
17%

17%

24%
23%

5,800

4,300

>

45

38%

23%

23%

8%

8%

8%

*8%

34%

34i/2

34%

122%

*121%

121

121%

18

18

*17%

38%

600
2,300

23%

1,000

9

1,000
1,200

34%
125

18

18

18

160

24%

24

34%

121
.

40

5,300

1471/4
142

*140

243/4

i/.-J-Wr

39%
45%

146%

8 %

120%

18

*17%

23%

383/4
142

*140

24%

30

7%

341%

8%
34

122

*120

*23i%

23%

38%

39
142

1,200
14,600

28%

*39%

39%

44%

24%

78%
12 '/a

170%

7%

147%

*38 %

1,300

28%

8

29%

44%

*140

10,300

78

146%

39

300

lO'/a
91

170'/a

*39%

24

8%

39%

400

12

12%

146%

142

34

39 3 4

170

6%

34%

9%

175

x43%

24

34%

34

7%
28%

100%

91

45

*140

8%

8%

7%

70

*6

77

12%
*170%

3,300

*34

9%

39%

23%

24%
*23

77

12%
175

100%
'

90

29 %

71/2
x29

147%

24%

*140

12%
*170%

7%

28%

39%

*39%
45%
*146%

7%

28%

7%
28

90

77

77

76'%

12%
175

6

34%

9%

90

175

*172

6

*34

10

89%

12
/

13%
79

6'/a

*80

6%

22%

200

6%

13%
81

6%

*33%
9%
89 %
76%

78%
12%
175

13%
*80

82

500

:

300
•

'

147% Mar

158%

Jun

141% May

54 y4 Mar

68 ya

Jan

60 y4 Jan

1 3*2

Oct

131

46%

Feb

115%

Nov

6%

Dec

144

May

6

6
3

150% Jan
1

Hi

5

May 13

68% Mar 23

Mar

135

Jan

3

145

Jan

24

71% July

51

Apr

20

63

Jan

7

120

8%

Jun

Apr

X117V4 Apr 18
3
6% Jan

119% Feb

14

8% Mar 30

American Tel & Tel Co

100

144%

144%

144%

145%

25

67%

67%

67%

63%

144%

Rights

1%

American Tobacco
6%

common

preferred

100

139%

American Viscose Corp common—14

53%

5%
Am

preferred

Water

100

Works Co

Inc

*117

5

7%

140

53%

141

53%

53%

117%

7%

141

141%

53%

117%

68

7%

118

90

Dec

76% Mar

x5%

Dec

51

Nov

56% July
104

25% Apr

21

38% Feb

17

Mar 31

91% Mar 11

7%

Apr

80

$4 conv prior preference

67

5

7

4

6% Jan

7

29

57% Jan

24

35% Jan
35% Jan

7

$5 prior conv preferred
Anaconda Copper Mining

8

Anaconda

30%

Feb
Feb

45%

Jun

28% May
6
27% Apr 13

Oct

38%

Jan

25% Jan

98

Sep

Jun

99% Mar 29

107

51% Apr

3

32% May
105

Mai

5
2

46% Mar

60%

Jun

50% Apr

2

55% Jan 27

Feb

36 Ya

Jun

18% Feb

24

Apr
6% May

9% Apr

11

7
23% Jan
10% Jan 12

4

Dec

14

For footnotes see page 26.




2% May

2

4% Jan

5

Amer Zinc Lead & Smelt

Wire

25%

25%

25%

54

118%

7%

7%

25%

26%

3 2

53%

118%
26 7

1

32

68%

1

32

68%

141

141

75

143%

8

8

141%

54

53%

1423/4
1

32

68%

1413/4
54

141%
1

32

x671%
141%
52

118%

142%
1 3^S

&

Cable

118%

*118%

7%
27%

7%

73/4

7%

26%

26'%

26%

118%

*87

90

*87

89%

*87

90

*87

89%

*87

88

*67

70

*66

70

*67

70

*69

70

*69

70

1

5

5

5

5

5

5

5

52

52

52

Anchor Hock Glass Corp com__ 12.50
$4 preferred
No par
Anderson, Clayton & Co__
21%
Anderson-Prichard Oil Corp
__lo
Andes Copper Mining
20
A P W Products Co Inc

5

490

7%

26%

70

50

400

6,300

118%

89%

No par

5,600

53'%

*68

25

364,000

.

67%

*87

com

34,000

142

No par

preferred

Jan

Mar 16

25%

141

1

68 3a

142%

100

83
70

30

Mar

common—No par

Jun

25 y4

8

Woolen

112% July
8% Jun

May
41% May

18%

American

l-wv
68%

118%

7%
'

X33% Nov

145

142%

5%

5%
*51%

5%
52

2,500
/

/>

9,000
-—

_

5%

5'/4

4,300

52'%

52'%

200

17,400

*51%
.

53

*51%

53

51%

29%

30

29%

30

23%

29%

29'%

29%

291/8

29%

28%

29 y8

28%

28%

29

28%

29%

28%

28'/4

28

281/4

28'/a

28'%

1,250

31%

32

32%

32%

32

32

4,000

103

*101%

*28

31%
*101%
*52

19%

31%

31%

31%

103
53

3%

3%

19%

103

*101'%

103

*101%

103

*1011%

53

*51%

19%
10%

31%

103

*101%

*9%

31

*52%

53

521%

52%

*521/4

52%

52

521/4

400

19%

19%

19%
9%

19%

20

19%

19%

6,400

*9

10%

*9

10'%

*3

3%

3

19

*9%

193/3
10%

*9%

101/2

2%

3 '/a

*27/s

3%

•

9%
*3

31%

3

100
400

THE

(2000)

16

COMMERCIAL

24

,i

67k

32%

Oct

23% Feb

Jun

88

88

Jan

Nov

7% Jan
77% Jan

4

49 % Jan

21

28

99% Feb

4

Apr 18
13% Mar 1

110 % Jan

3

15% Jan

5

13% Jan

11

94% Apr

Jun

106

9% Apr

17% Aug
19

12% Mar

7

Dec

111

May

95

87%

Dec

106

July

87

26

Jan

35

Jun

30% Feb

87% Feb 34
98% Feb 26

Feb

.

96

120%

Sep

Mar

84

107%

14% May

11% Feb 28

May

Jup

103

Apr 27
Apr 12

Atch

Feb 25

47

Jan

53

Feb

7

67

Mar

66

Sep

81

Dec

77

Feb

14

94

30

Feb

33% Feb 24
106% Feb 14

39

Jan

7

109% Feb

4

Feb

.

91

99

Feb

xl9%

Nov

'

48% Aug

'

99

'

Sep

20

%U

Oct

4%

12%

Jun

94% Jan
20

25% May
64% Apr

.9% May
16% May

Nov

7,

18^

jan

5%,
4%

58

Jan

106

Jan

20% Jan

4

3
7
4

24%

9,400 ;

89%

89 %

5

6

Conv

.

40

40

39%

39%

95%

95%

106%

106%

*14%

14%

94%
*14%

*9%

10

*9%

10

*9%

13%

13

13%

13

96 %

^_5

96%

96%

91

91

35%

35%

35%

35%

90%

91

897k

91

9034

91%

89 Va

90

99%

100

99 74

99%

9974

99%

100%

99

9974

12%

12%

12 7 k

127-a

127'a

127«

12%

12%

1,300

4

37%

38

3734

38%

38 %

38%

1,900

63 Va

*627a

64

62%

62 7 8

62

62

*82

85

85

367a

3674

109%

87

84

8574

35 74

357k

12 %

*85

87

35

35%

109 Va

109%

1097a

e

*109.

108%

97%

9774
22 »/4

46

67/8

6

6%

19%

*18%

20%

*18%

674

67k

6%

63k

6S«

6%

67k

*13 7 a

14 Va

14 %

,

6'A

6 Va

67k

6%

6%

387k

37 Va

377a

*3774

3874

17% Jun

1Q% Feb 24

12% Jan

'

Baldwin

16% July

8% Feb 24

1474

*13%

70

20 %

.6%

6 %

540

47

1057 k

103 Va

103

*ia34

v

6%

Dec

46%

.

*104%

103 Va

*1874

103

197-2

*37%

Mar

47

47

1,700

197k

105 7'a

5

11%

47

467k

46

45%

,

380

22 7k

22

46

150

987k

98

22 74

Mfg Corp, (The), common—_3
conv preferred—
No par

Babbitt

10974

9774

574

•

*108%

22 Va

14%

14% Jan 15

109'A

97 7k

57a

13% Jap

1087k

22

*13%

16% Jun

400

8,900

977k

*1874

1,300

367a

2174

*103

2.300

36 74

97%

19%

5,800
•:

3674

2134

46 Va

1,300

857k

*84

98

105%

500

35%

*

'85

21%

*14%

13% Feb

90%

105 7i>

*104
'

—No par

Amer

v

977k

-No par
,_5c

44% Jan

Avco

35%

3574
1097k

90

917k
100

97

96%
*89

21%

98

110

96 %

37 3

22

100

91

37%

*1874

No par

Co Of

8,000

96 %

63

*14

14%

100

14%

*14

14%

1,700

'

—„_

Automatic Canteen

14%

34%.

3774

4674

13%

90 %

63%

103

1,00

14

34%

63 7/k

No par

13%

96%

37%

977k

13%

15

91

64

108%

300

*14%

107

34%

*95%

38%

*21%

140

9%

107

91

*90

12%

35%

290

9%

13%

1274

'

95%

95 Va

95%

10

13%

12%

*85

2,100

10

10

91%

.100

40%

107

14%

100,%

64

40 Via

*106 %
*14%

*9%

*99%
*38

40%

5,800

6

15

15

34

1

2,600

*94%

95

i06%

10

34

lo

54%

x40 %

14%

*90%

',-100

5%
54 %

91

*95%

90%

90

6

55

34%

96%

>95%
*33

40

106 %

350

5%

56%

*94%
*

27%

54%

6

55

39%

106%

15

*13

A

95

*106

*14%

—--25

common

95%

106%

95%
*106

10

1

_2

Autocar Co

10,

5%

6

40%

preferred—:

prior pfd ($1.20)

11% Jan

5
6Va Feb 24

5%

'

;

*

40 %

i

Nichols

6

6

0 '

56%

__Nq par

preferred:.
Tack Corp

Austin

,

'v

56%

:

RR

—

'

56%

■

conv

Atlas

■

6% May 5
15
Mar 24

4%

37% Apr 29,

Jpn

24'A

90

56%

Atlas Powder common
'

46

Feb

1,400

24%

89%

preferred .seriesr A__100
Preferred $3.75 series B
_100

Atlafc Corp

35% Jan

4%

27%

24%

89%

conv

8
Jan.24
17% Mar 19
7% Jan
7,

19

Nov

27%

25

89 %

,»26%

56%

Atlantic Refining common

6"

27

non-cum

19% Jan
7% Oct

6% Dec

27 %

24%

89%

Atl G &; W. =1 SS Lines commorx
,

1

Feb
7
18% Apr .23
4% Feb 3&
13% Feb 11
5% Apr 30*

45% Apr

27

24%

89%

non-ctim, preferred---

ATP Inc—„
Atlantic Coast Line

7

98% May
23% Apr

6
4.

Jan

100

jai^

24% Jan

Dec

■

27

24%

90

Topeka & Santa Fe com__100

■5%

Mar 18

102

26%

25

89%

—100

7

36

50% July
114
May

26%

24%

56%

preferred——

24

Jan

Dec

25%

26%

89

No par

105% Jan
Jan

$2.25

-

15.%

•

6

6 "

•

6

'

'•
.

6

*15

1574

*1474

*5%

15%

-

14%

6%

X6 74

3874

6%
*38

6 -:'

5%

6
15 Va

15

15

38%

*5%

.
.

1 /■

■

674

638
38!

*33

2

1,100

6

1474

1,100

638

18,900

3874

14%

■

400

B

10

Feb

29% July

13% Feb
60 * Feb
40% Nov

80% May

15%
"

69
May
28% Jun
45
Jun

Dec

X20

36 Va Nov

31"

,

Feb

9

16% Feb
20.
Feb
6$
Mar
39% Apr
16
Apr
37
Jan
39% Mar
9% Feb

31% Jun

Nov

45% Dec
16% Mar
23 % Jan

*

IBYs Dec
30% Dec
80% Sep
16% Mar

34
34
18

Apr 29
Jan

90

87% Feb 25
12% Apr 27
69 ' Ma* 5

Jan

22% May

Dec

100

Jan

4'

8% Feb
34%

Feb

30

Apr

34
Jan 17
xl2% Apr 28

10% Nov

19% Mar

lp% Feb 14

24% Jan

13% May

6

92% Jan

8

14%

Dec

90 Mt

Dec

26

Feb

9%

103%

86% Dec

30%

9

Creek RR

4
Mar 30

Beech

16

Feb

Belding-Heminway

Beech-Nut

1

13% Jan 12

Bell. Aircraft

Feb 18
Mar 21

Corp

j

& Howell Co
4%% preferred

24

4

78

93

5

98% Apr
26% Jan

26
7

Best & Co

Jan

7

Best

^

^

Bendix

Jan

5

i

14% Jan

Feb
Mar

Jan

33 % Feb 11
25% May
29% May

130% May
25 % Apr

,

26% Dec

30% July
19% May

Feb

6

5

21

Jan

7

Feb

2

Bethlehem Steel
7%

Mar 21

(Del)

11% Mar 11

$ per share
26

30% Jari

Apr 28
12% Feb 24
8% Feb 25

Black

12

14% Mar 30

Blaw-Knox

12% Mar 18

25% Mar 30,
64

30 7k

Dec

51 *

Jan

23% Feb

4

16%

Dec

16% May

2

32% Jan
5
18% Mar 30

37% Nov

27% May
44% Jun

38% Mar

7

42

May

6

42%

Feb

66 % July

42% Apr 21,

54

Jan

7

87%

Nov

96

92% Apr

96

Mar

5

1% Aug

May

5% May
42

Dec

Jun

10 % May
71
Feb

6% Nov
Dec

1% Mar

13% Jari

7
16

14

8

40% jan

7

Bloomingdale

•

Jan

18

Bohn

Jan

12

Bon

2% Jan

9

31 % May

13

6% Jan
25 Va Jan

47 % Jan

24% Apr 22

29

Jan

29% Feb

5

33

Jan

103

Feb

98

Sep

12% July

Feb

33% Aug
Aug
23% Nov

9

I

24% May
124% July

Sep
Dec

11% May
75
July

Mar

Jan

14

14

96'k

96%

32

31%

31% ^

>

30%

67a

6%

7

77 k

,7

95

3

Jan

6

18% Feb

16

14% Feb

99 Va Apr
22
Apr

8

Feb

16

120

,

65

7.
10

jun
Jun

88

Jan

73

17% Jun
10% July

Apr

106

May

6% May

121

67

4% May
27% July
July

100

3

May
Feb

7

23%

Feb

35%

Jun

May 6
21% Feb 25

27% Mar

40%

Jun

30

Feb

52

54% Sep

52

May

3

May
8% May

May

xl9% May
19 Va May
47%

For footnotes

Dec

see page

25 3 4

,

26

2

*26 Va

1074

10%

1074

10 34

26%
1074

40% Jan

45

26.




Jan

24

*1074

11

*10%

35%

*33

35 %

11

11

11

*33

■

*33

13%

10',4

9%

1074

35%

'

*33

700

14

3,700

1074

4,100

*10%

1

200

11

*33

10%
357a

Shares

267k

3574

21%

217a

2174

24 %

2474

24;|4

24%

24%

2474

5774

57%

57%

58

57 7a

5774

*27

213/8

21%

21%

21 %

21%

22
-

3,500

.1,800
300

40%

41 Va

417a

41

4174

41%

41%

42

3,600

43%

43%

43

4374

4474

•

45%

9,300

93%

93 Va

*93

95

•

*1%

1%

*1%

*323/a

32%

31%

Inc

(The)
common

Roller

7

7

*35

37

41

95

*32

32

7%

77k

*93

'

4174
447a
*93

*35

1%

1%

800

32%

3274

*32%

33%

*32%

3374

500

7%

774

7%

*7%

7%

77a

774

2,200

35%

20%

35%

"35%

38

35%

774

7%

7%

7%

26 54

26 Va

2674

26 5 a

27

*24%

24%

25%

*24%

25

27%

27 Va

31%

31 Va
101 Va

*101

27%

28

■

*24
>

'

28%

30%
101 %

2974

2974

7%

774

1,900

263%

26%

2,000

25

24%

24 Va
3074

307<

101 Va

29%
10

31

•

*101

30

31

1017 k

1017 k
29 74

2974

18,000

107k

10

10%

3,900

317k

300

X2974

974

974

10

*30%

31

30%

30 5 a

*30%

30%

31

31

31

31 v*

*97%

98%

*97%

98 %

*97%

98%

98%

98%

'97%

97%

No par

*18%

19%

19 %

19%

19%

1974

*1974

*19%

1974

9%

15

common.

_5

15 Va

100

common—

*121%

No par

common

■

*29%

31
86%

*13%

1374

*32%

33:

14%

Bush Terminal

107

68

V-v' e.

$4.25

; conv

com

preferred-

Southern

Ry Co_.

Canadian Breweries Ltd
Canadian Pacific

Cannon Mills

Ry

374

*3 7k

67 Va

190
400

67%

3074

31

*30%

32

*3074

*85

88

*85
*14

147k

32%

32

7,600

■

88

147e

-

31%

88

*85

14%
3274

32

32%

67%

,147k
*32
14 Va

67%

147k

14%

100
700

32

1,900
6,100

1474

xl4Va

14%

*77%

79

*77

79

*77

79

*7174

75

*71%

75%

*71%

75 Va

73
"
14%

*68

73

*68

73

*68

73

:'

a%
106
7

7

*67

69

3%

14

3%

3%
20%

20

207k

21

21 Va

*101

1027 a

*101

102%

*23

2374

23

23%

32%

*31%

32%

3174

53

53

774

7

*67%
374
21%
*101

8%

8%
107

107
..

14

14%

87a

8%
106

:

69

374
21%

102%

*107
•

6%
67

374
21%
101

,

14

14%
8%

8%
107

108

774

7%

70

.

14%

7,300

87k

5,300
80

107

77a
'

67 %

*66

22%

23%

23%

3174

3274

32%

32%

53

53

120

37k

1,900

227k
100

2,900

23%

2374

800

*31%

32%

*53%

32%

53

3,OQO

3%

54

100

23%

53

67

2174

374
22

101

*31%

—

53

53

52

53

1

:

Campbell W & C Fdy__;

Canada

7%
70

8,900

677a

9%

14%

24,

*23

50

Dry Ginger Ale

7%
*67

30

9%

9%

157k

1474

14

•774

122 Va

9

15%

<

75

*68

107

*122

79

14

106

157k
122%

9

1474

73

87k

15%

>

.79
*72 Va

14

8%

60

500

1974

200

■

preferred
Zinc-Lead

75%

*19 74

96

*121%

122

1474

102%

20%
*101

No par

14%
80

-

*68

8%

68

3%

5
No par

14%
80

*72%

14

107 V

*7%

100

32 %

73

8 Ve

—15

participating preferred™100

76

137 k

Bldg 7% preferred—100
common

80

*68

l

4%%

14%

*79

88

96

67%

31

*137a

32%

32%

*72%

*30

*85%

'

*30 74

9 Va

68

1374

13%

122

974

86 Va

86%

—5
1

9 Va

122

19%,
15%

15

15% .15 Va
*121%

3Q7k

*2974

*84%

9%

*67

67 %

No par

preferred
Butte Copper & Zinc—;
;
Byers Co (A M) common

9%

66

1

-

Can.

66

122

9%

100

pfd

Watch Co Inc_

5%

9%

15%

15%
*121%

*65%

Burlington Mills Corp common
4% preferred
;
-100
3%% conv 2nd preferred
100
3%% preferred
:
100
Burroughs Adding Machine—No par

7%

15%
122

No par

Co

Bros

9%

9%

150

2974

10

■

.-No par'

Inc

100

3,300
v

101%

preferred

Co

3,000

774
27%

*24%

31%

101%

307k

*101

38

77a

2774

774

7%

31%

500

134

26%

101%

93

•174

7%

*30%

74

174

26%

*100

44

93

1%

7%

2474

45%
94

1%

*26%

*24

*26

32%

1%

17 a

"38

*35

43 Va

*93

95

7%

41 %

43

43%

"

10

Callahan

10% Jan
11% Mar

1J%
35%

10%

14%

10%

14

26%

a

share

24%

Calumet & Hecla Cons Copper

May 6
18% Apr 11
14% Jan
7

14

10%

2674

14

14

*10%

Sales for

the Week

$ per

58

6

41

261

26%

9%

Friday

v

May 5

26%

*33

800

May C

Thursday
$ per share

$ per share

10

10 Va

700

107a

PRICES

'May 4

13%

14%

10 Va

*107#

24%

7

22% Jan 10

14

10 %

10%

'•;

20

57 74

1% jan

12% Feb
4
109% Mar 21

14

1,000

*10%

10%

26 V2

*26

26 Va

26%

27,400

25%

24

5% Jan

104% Jan
37% Jan

*13%

California Packing common—No par

Feb

share

297k

13174

26%

Wednesday

$ per share

1317k.,

26%

-

59

36% Jan 26

9% Jan

107 k

Tuesday

$ per share

13074

26%

24

1% Apr 26
18

13174

*26

May 3

26%

10

29 Va

131%

X29% ,29%

3074

*131'a

57%

3% May

3

30 %
,

3,000

$8%

Byrop Jackson Co

Apr 18

Va"

131%

26 34

132

26 Va

24

26% Jan 24

58

30

131%

26%

*131%

100

1,600

40%

Butler

Jan 25

30 Va

30 Va

307-8

27,

132

'

24 Va

26

267k

25%

24 Va

58

preferred

7

104

257a

25%

-

",.

1

Bush Term

2

2474

25

;•

5
100

Co

4

Feb

247k

243k

24 Va
25%

..

—15

;

44

2574

*26 !

1

4% Mar 80
24% Jan 27

19% Feb 26

Jan

Jun

24 Va

1,800

77

98%

520

Feb

82

5

98%

31% May
15% May

247k

23 Vk

*96%

'

5,600

9% Jan

5

Jan

97%

21%

Buffalo Forge Co

Feb 10
16% Jan
7
8% Jan 26

2

*96%

*75

77

9874

167 a

Bucyrus-Erle Co
1% preferred
Budd (The) Co
$5 preferred.

Mar 19

77

6

13% Feb
8
7% Feb 26

15% Jun

119

307k

S per

23%

23%

*96

Brunswick-Baike-Collender

4

18% Jan >7
92
Feb 10
77% Jan 25

13% Apr 19
Apr 14
71% Apr 21

.

'

2674

$3.60

69% Jan 31
34
Jan 13

78

96%

*75

163/a

Brown Shoe

8

9% Mar 30

Feb 17
Feb 25
Apr 26

97

105

30

_2.50

Bearing Co
5
Braniff Airways Inc
,2.50
Brewing Corp of America15
Bridgeport Brass Co..
No par
Briggs Manufacturing
—No par
Briggs & Stratton
No par
Bristol-Myers - Co common
2.50
3%% preferred
100
Brooklyn Union Gas—
—No par
Brown & Bigelow
,
1

17% Mar 14
124

X8% Feb 11

100

89

25 3 4

23'A

•

77

16%

Bulova

Dec

26 %

23%

27

Jan 11

Dec

*2574

23 Va
*75

77

■

16%

36

Dec

24

23
.

96 74

9834

2474

74

3,800

7

7

.

26%

23

114

-

10,200

16 Va

31 % Feb

24% Jun

*96

23
*

.,11.

40

;

,

2674

Feb

"

9874

'•

23

*74%

1,600
-V

31%

1674

29 %

Dec

23 ""

77:

137k.
96%

*95
,

26%

Buff Niag El Corp 3.60%

Mar

14
98

31%

•

900

2,000

■

678

7

7

31%

700

%

13

.

13 Vk

14

*96

1574
98

*96

;>■/ 313k

3274

13

j

16%

Bullard

Mar

v

,

26%

Mar 29

10

7

14%

v

98

'

31%

13

16%

Feb 17

38

13

2674

15

Dec

12%

4

,

;■>:

13%

1674

91

Nov

12 3

12%

27

15

9

12%

35

35

-i

16%

—

12% Feb

21%

*1274

31

:

13%

*2974

26%

B

86

101% Nov
37% Dec
14% Mar

3514

*13

1574

15%
*96

.*96
2474

21%

27

Dec

,

32%
23

'

*23%

Jun

Mar

23
*74

5

90% Jun

5

35

1374

31

No par

40

1% Dec

'

Brass———5

21% May
43% Jun

Jun

35 V4

13 7k

*2974

22 Va

A

Dec

Mar

7

•

No par

12%

2% Mar

98

•

31%

1074

—

30% Dec
78 % Aug

16

3574

13 Va

16%

Bower

x29% May 5
10 % Jan 21
31% Jan 10

29% Mar 14

99

Nor

8%

35%

*13

20

800

Boston & Maine RR.(assented)-100

•

16

23%

#90% Feb

73

31

*35

1,100

87k4

*29%

31

*29%

150

1374
75

8%

8%

300

27%

3%%

6

Jap 14
18% Jan
3

Dec

Mar

16%

*96

•

:834

12 Va

12%

*1574

10
_100

874

3,400

f

16 3 4

Borden

16

Jan

&

class

Bor'g-Warner Gorp

,

10

9% Apr
3?

101% Apr

15% Mar

79

13

83i

93

a

13%
*73

73

600

13%

14 V,

73

13 Va

*13

*12%

93

*1374

35

35

13

3%

834

*91%

-

14

71

71

200

3,200

39%

__Na par

Aluminum

Bond Stores

8% Mar 30

37% Jun

Oct

Nov

35

*13%

a

131

k

31

*29%

3-1

-

13

1

Inc
Brothers

Ami Co

Class

,

35% Feb 17

7% Jan
26% May

36%

25% Nov

Apr
Feb

87k

8%

39'

*39'a

1374

39 3 4

92

92

73

*2974

_No par

Bliss (E W) Co
Bliss & Laughlin

11% May
Jun
34% May

'

Nov

7%

91 Va

13 7 k

39%

600
400

127k

*917

13%

13

*3.9%

14

*26%

Boeing Airplane Co_

27

12%

91

*71

*34 V4

No par

Feb

77

13 V a

127a

50

,

-

44

44
•

/ 700
;

39 7 k

*39

-

127a

*13

87/a

39 %

■

447k

LOW AND HIGH SALE

Co

Feb

Dec

91

*39

;

1234

14

No par

Pecker Mfg Co

Apr 22

72%

167 k

447 k

73

8%

Par

56

16%

16%

127 a

*13

*1317'z

$ per share

23

81

17

45 Va

*70 Va

May 2

Jan

65

*16 7 k

1234

1374

Monday

96

7%

"

39%

*39

395a

Apr. 30

37% May

15

403A

4474

*39

Saturday

Dec

120

*4074

127 k

13«/a

137k

exchange

Dec

Feb

41

"

%

44

397a /
91 Va

NEW YORK STOCK
.

57%

Dec

17%

39 Va

*
■,

12%

73

100

Birmingham Electric Co

22%

"27

*3874

92%

No par

*

Carpet

20

8%

13%

39%

44

■;■■■ ;

13

«70

com„No.par

preferred

,

Bigelqw-Sanford

10% May 5.
33% Apr 26

Dec

32% Mar

92%

13%
s

—_1

Food?

19% Nov

25

44%

*39

39%

44%

l

14% Sep
17% May
44% July
29% Apr

26

39%

*12%

13,

STOCKS

tper share

7% Dec
x27% Mar

44%

;

Range Since Jan. 1
Lowest
Highest

Highest

$per share

32%

403 i

16%

1

33Vbc

-

3,200

67

16%

39%

18%

*66

1674

•

2074

66

*16%

6,6

V

2034

1934
21

16%

*2074

67 Va %

18%

19%

16%

:

9,400

66

1674

"

*91

4,800

9%

,

.

2078

4074

%"• 67%

*1234

.

1474

1074

914

.

.

95a

19%

40%

13%

.

800

14%
10%

'

11%
/

21

40 Va

39%

Indus Loan oom___10
Chm pfd $3.25 ser of 1946_No par
Cum pfd $4 div ser.of 1948-Np par

Feb 15

30%
33 %
136%
31%

2

9% Feb 25

Year 1048

13

14%

r

66

40 Va

___5

Appliances

4

40%

Beneficial

Home

20 34

*40Va

437a

1

common-

Bendix Aviation

7

2034

2074

2074

'

1

18 3

18 34

V 1874

40.74

*127a

10

I—

Bell

Jan

.

■

*66% "68

*39

:__50

Co

Packing

I 19

18%

2L
68

1

.

1874

'
.•

'

cony pfd—I
—100
Mills,.Inc
i
._+2.5o
Shoe (A S) 4%'% pfd-^-100

Range for Previous

9%

9%

143k

10%

9%

<1*6

3%%
Beck

32% Feb

11

10%

9V4

*40 Va

50

-

Beech Aircraft Corp_

98

14%

107a

9%

•

18%
21

.

: *66

Beaunit

17

14%

10 3 4

97k

'

■—
5
Works Corp..:
__1
Bayuki Cigars Inc__—
_No par
Beatrice Foods Co common
—25

21% Feb 24

Lowest

xl3

;

pil Co

73 Va Jan

Nov

Feb

26%

-100

jron

34% Mar 30

Dec

Feb

125.

preferred

Barnsdall

Batli

30% May 6
6% Apr 13

102% July
30% May
37% May
39% Oct
139% July
37% May

25

4%%

„

37

a

147k

107k

'

9%

*

Dec

23%

Cony >5%
preferred—100
Barber Oil Corp
(Delaware)
u.10
Barker Brothers common—
10

26% July
87% Mar

Nov

68"

Bangor & Aroostook, common-—50

jun
38% Jun
21% Jan

Dec

21

Jan

*1474

10%
~~

10% Jan 21

28% Mar 25

37% July
207k May

14%

9Va

Locomotive

92% Apr 26
20% Jan. 8
75
Feb
3

7

Feb

32% Feb

107k

9%

Mar

(B T) -Inc.—

14%

*14%

10.74

97k

49
Jan 10
13% Apr 12
17% Jan 20
40
Apr 25

4

32

14%

107k

41

11
15,

13

*14-74

.100

7

70

22
22"

43% May

—1
—13

Feb
47% Jan
21% Jan

=

—

Baltimore & Ohio common
A% non-cum preferred—,.

25

.

Works,

11% Jan
22 % Jan

3

;

Shares

24%

Associates Investment Co___

15

the Week

share

27%

No par

103% Jan

,

Sales

May (»
$ per

88

com

9

Feb, 24

44%

2nd

for

Friday

$ per share

24%

"

7%

Thursday
May 5

$ per share

share

*263 i

$3.75 preferred
—No par
$4 preferred conv
No par
Arnold Constable Corp
5
Artloom Carpet Co Inc
No par
Associated Dry Goods common
1
6% 1st preferred
100

21

35% Mar

12

19

Dec

Illinois

of

$6 conv prior preferred
Armstrong Cork Co com

98% Jan 27

14

Va Jun
62 ; July
64% Dec

13%

Co

$ per

10
100

.

6

Jan

&

Wednesday
May 4

May 3

$ per share

$ per share

,

No par

Corp com
preferred-

conv

Armour

10

39% May

Steel

AV»%

8

6

99 %

Dec

98

Armco

3

16

57/a Apr

115% July
18% Jun

13% Dec
11%

Archer-Daniels-Mldlaid

26

Feb

56% Jun

Feb

103

30% Jan 28
95

Monday, May 9, 1949

Tuesday

Monday
May 2

Apr. 30
Par

27% Jan

2
24

Apr 30

54% May

15 % May

106

Saturday

$ per share

Jan

Dec

41%

26% May

34% Jun

Dec

CHRONICLE

LOW AND HIGH SALE PRICES

STOCK

EXCHANGE

Highest

chare

101%

Dec

68 Va

i

I

$ per

$ per share

NOV

89

Lowest

Highest

23% Nov
.1

NEW YORK

Range Since Jan. 1

Year 1948

t per share

FINANCIAL

btapkg

Bui« (or Previous
Lowest

&

1%

1%

1%

17k

1%

174

174

1%

1%

1%'

5

4%

4%

4

4%

3%

4

374

3%

374

3%

No par

*11

20%

20

1.66%
No par

*1974
11

.

20Va
11%

*19%

11%
*107,

20%

11%
108

20

20%

11%
*107

11%
108

19%
117k
"107

108

*107

108

40

40

40

*39%

40 Va

*40

40%

*40

*18

No par

25

11%

*39%

18%

1874

*18Va

18%

*18%

19

*18 Va

*167

-100

No par

Va

'■

12

*42%

12

43%

*18%
117k

*42%

12

ll7/e

12

43

43

43

40 Va
18%

1%

l3/a

374

,

4

20

117k
*107
40 7k

*18%

1274

12

43%

19%

11%
108

"

•

12 Va

127k

12

43%

*42%

43%

42%

20

11%

500
80

2,600

15,700
1,100
5,400

108
41

120

1874
12 Va

28,800

42%

500

-

THE

Number 4801

Volume 169

COMMERCIAL

Range Since Jan. J

Year 1948

t per

>

i IV

.

share
Feb

48%
i

3%

UOO%
■{', 26%

Apr

Dec

Aug
8% Mar

110%
32

Nov

July

41%

;

Jan

19% May
43% Jan

.

Nov

6% Mar
.35 Va

"May

56

,

Dec
Dec

12:%
i" 30

?18

Sep •
Feb A

30.

i.

Lowest

Highest
$ per share

9
May
52% .Jun

Dec

$ per

15

Jan

5.0

54

May

Mar 4
5% Feb 23*
100% Mar 24

29% Mar 29 '

17

35

12% Jan

4

15% May

5:

30%.Mar

4

37

5,

Feb

14

6

68% May

52% Feb

7-

22

Feb

39%

23% Apr

22*

Jun

Feb

22-%

105

July

97

Feb

97'
123

140

May

120

Feb

34%

Jun

17%
16

11

Apr 22

18% Mar

5

Dec

20%

Jan

16% May

Dec

187/e

Feb

16

Feb

11 %

Sep

5%

Jun

Dec

12%

22%

Dec

38% July

6%

Dec

Nov

74:

108

Jun

May

$4.75 1st
7%

7

18% Jan

11
21

9

Jan

5%

7
8

5

Central Hudson G & E Corp—wo par

7

Central

80

110

Mar

Dec

15

May

9 % Feb

Dec

11

Jun

7% May

18%

Dec

28 %

Apr

17% Feb

15

21% Jan

12%

Nov

20

May

10% Feb

11

13 % Jan

6

Jan

18

24 % Jan

7

12

84

Jan

19

24

35% Jan

20

26J

12% Apr
11% Jan

21

28

24%

Feb

17%

Feb

26%

Jun

23% May
3
20% Feb 10

90

Feb

100%

Jan

92

Pasco

Products

Certain-teed

Chain

Belt

$4.50

preferred.,

Chesapeake Corp of Virginia

Jan

31% Jan

3

34% Jan

90

Jan

79

Jan

7

85

9

July

4

Feb

14

5% Jar.

8% Feb

7

11% Apr

Feb

17% July

Nov

14% May

Feb

Feb

11

12% July

7% Feb

24

10% Apr

13% Feb

25

18 % Jan

9

15% July

Jan

9%

4% Mar

7% Mar

7% Feb

11

5% Feb

24

5%

preferred

Chic Ind

33% Jan

23

5% Jan

Class

Chic

12%

Dec

23% July
49% July

10% Feb

25

15

Dec

29% Feb

24

36 % Jan

26

Dec

40

May

25

Feb

11

29% Mar 30

49% Mar

57

Jun

49% Jan

20

55 % May

25%

Feb

42%

Sep

28% Feb

24

45%

Jan

72%

Oct

July

15%

Oct

Jan

preferred

5%

34% Jan

21

64% Mar 16

74

Jan

20

10% Apr

12 % Feb

4

Rock

Conv

5

NEW

$ per share

$ per

Feb

Feb

25

Nov

19% May
4% Apr

14

2%

2% Apr

30

Oct

63 % May

42% Apr

30

60

Jan

7

32% Feb

15.

36

Jan

8

Chile

Jun

50

14

58

Jan

7

Chrysler

Jun

26% Apr
97% Jan

25>

29 Va Jan

24

4

103% May

27

Jan

48% July

7%

Dec

10

May

75%

Dec
Dec

33

Jun

15%

Jan

21

May

84%

27% Mar

38%

Apr

Aug

176

Feb

11

42% Jan

3

6% Feb

Jun

43

Dec

4

Jan
>.

C

25

8% Apr

4
16

23

Feb

10

25% Jan

26

108%

Jun

105

Jan

11

Dec

12%

Dec

23%

Nov

107

May
Feb

17

Cleve

43

Jan

26

12% Jan

3

15% Jan

19

25% Jan

3

30% Jan

20

Special gtd 4% stock—
Climax Molybdenum
Clinton Industries Inc—!—

RR Co

Pitts

36% May

22% May

5

30% Feb

2

Apr

13

1%

82% Jan

28

4%

cum

1332
31

1332

July
Dec

138 % Jan
71

Apr

26

130% Feb

3

Jun

60% Jan

6

July

45%

Jan

96

Apr

x87%

Sep

15-

Nov

16

Feb

12%

Feb

22%

16

Feb

22%

Oct

Dec

18%

Nov

1075

Jan

5

29% Feb

25

Jun

9%
11

9%

<

25% May
26% May

Oct

89

Jan

xl3% Feb
15

15% Jan
xl7

May

9

19

Jan

24

5

19% Jan

24

Jan

7

13% Jan

8

4%

non-cum

1st

4%

non-cum

2nd

Columbia
Class

4

12

13

Columbia

Gas

7% Feb

10 1

ii

5

Columbia

Pictures

2

Jun

48% Mar

Apr

29

Apr 25

May

55% May

4

32% Jan

13

20% Apr

18

21% Apr

25% Mar 10

21

28% Jun

21% Feb

11

36%

53% July

46% Feb

25

95

12 *

Jan

90

Jan

yxl6

Nov

1

2%

Feb

90.

Dec

25

1

Nov

8% Dec

104

July
29% May
3% Oct

106

Jan

14% Apr
3

Jan

;
Apr
29% May
11% May

89% Jar)
25% Jan
7% Feb

27%
,1

Dec

36% July

26% May

X24 %

Dec

32

25% Feb

May

4

Sep

6% May

21.

Mar

25% July

103%

Feb

108%

Dec

11.% Mar

xl8%

18
3

3
3'

11

3
11

3
May 4.
21% Feb 25

5?
Mar 17
100% Jan 31
17% Jan
'

3% Apr

Apr

6

107% Feb

Feb

10

14% Jan

8

37%

Dec

51

19

Dec

11% Feb

23

10% Jan

3

x7% Mar 24

Dec

Dec

15% July

Nov

16% Mar

29 Vi

Dec

98 V2

July
Sep

100

33

Va Dec
Oct

90

35%

8% Feb

7

9 %

Apr

10 Va

1074

10%

16*

*15%

15%

7%

7%

7%

7%

774

7%

16%
7%

•

4

6%

15%
*7%
"3%
6%

,

7%

24

13%

13'A
32

31»/«

*65%
*10%

11

2,300

1,600

2774

55%

55 %

55%

30%

30%

30%

31

66

66

66

10 %

*10%

*

11

14%

,

3

30%

31

*30

30%

2,300

66

65%

65%

65

65 Va

700

11

10%

10%

*10

11

100

*14 %

14%

14%

the Week

46

35%

*34

14%

200

3%

4,700

47%

*34

102%

102%

102%

22%

22%

22%

*22%

49%

*102

49%

49%

7%

7%

7%

102 %

*22%
49
"7 Va

*81%

83

"23%

29

*

17

16%

*26%

*23

29%

7%

7%

774

"71

22%

x22 Va

22%

400

50 %

49%

50%

7.700

8%

8 %

8%

83

83

*81%

83

*81%

28%'

*28%

29

28%

28%

2874

2874

"28%

17%

17%

17%

18

13

1774

18

*17%

26%

237s

26%

27

27%

28%

28%

38%

110%

*110%
"23

23%
108

106%

180

180

*70

39%

*150

180

*150

75

*150

75

39 Va

*81%

"70

75

"70

39%

40

40%

110%

*110%

111%

11074

*23 %

23%

23%

2374

107

106%

106%

*

106 %

108

*106%

*66%

68

*66%

68

*66 %

68

40

*38

40

39 %

40

13%

14

14

14%

14

14 %

29%

29%

29%

29%

30

4%

4%

4%

5

5

23 V8

23 %

140

*71

.

132

62

62

200

400

108

106%

103 Va

68

*65%

67

39 %

*37%

39%

150

33

*138%

93

92

131 %

15

15
16

17%

17%

17%

3,000

1,200

2274

2,300

22 Va

140

*138 %

140

*138 %

140

*138'/a

140

10

72

*72%

74

*72%

74

100

133

1,100

72

1327a

132

132%

62

62

34 78

35%

132 %

6174

*132

132%
62

*62

*1030

35%

34%

35%

34%

94

92 Va

92%

*92 Va

15

157'8

15%

15%

15%

15%

1574

2,300

16

16

16

16 Va

16'A

16%

16%

2,000

16%

24,900

*92%

17%

17%

17%

Xl6%

16%

1778

17%

17%

xl7

17 Va

9%

9%

9%

100

*9%

10

9%

9%

10

preferred—100

*9%

10 %

9%

9%

*8%

cl A—2.50

*17%

17%

17%

17%

—2.50

16%

17 %

17

17

17%

Inc.—Nopar

10%

10%

10%

10-%

10%

-11

11

cqmmon..Nonpar

9%

9%

9%

9%

974

10

IP

System

w_,._No par
Np par

1

10

1714

.

9%
17%

17%

10

10

9%

*10

9%

16%

•

—No par

Inc

Commercial Credit cqmmon

17

9%

16

130

10

10%

17

*9%

9%

10

640

*8%

1774

18

18

18

17%

1774

18

18

1,800

1074

11

10%

11

1074

10%

11

U

11

39,500
9,200

56

*55

55%

*54

56

55 %

55%

*55%

31

30%

30%

31

31

3174

31%

31%

31%

31 Va

31%

1,000

*21

21 %

21

21%

21

21%

21 %

21%

21%

213 4

20%

20 V8

2,700

*22%

23%

23

23%

2374

24%

24%

24 :;'4

24%

25'A

24

24%

2,900

50 V2

51

51

51%

5074

51%

51

51

50%

51 %

4,000

*100

100%

*100

15

15%

15

*54

56

:—10
-100

49%
99%

50
99%.

14%

15

'3%

f 100

3%

26%

100
26%

;*7%

8

*26%
27%
*26%
27%
3%
3%
22%
23%
*106% 107

*99%
15

3%
*100
26

"7%

100 Va
15

374
101

26%
8

-

15%

374

100%
26

*7%

37'a
101

100%

26%

374

26 Va

26%

267'a

26

Va

26%

"26%

2774

27.74

2874

*3%

3%

3%

3%

227a

23'A

227 a

23 Va

374
102

26%
8

8

8

100%

26 %

26%
2974

"28

33/a

3

23 Va

23%

9974
15

374

5574

10274
26%
8

2674
"28
3

23%

1Q0

lOOVa

15%

15

15%

4,800

3%

79,000

374
103

-

26%

374
103

26

27

29%

V4

3 Va

107 V4

13

Consolidated Retail Stores Inc
Consolidated Textile Co Inc

Apr
5
y8 Jan 21

29 Va

Nov

40

31%

Jan

3

3 6% Mar 30

Oct

99

97% Jan

11

,

:_10c

*7 %

1

..Nopar

Container Corp of America com..20

preferred

!_100

Continental Baking Co cqm—Nopar
$5.50 preferred
—Nopar

Continental Can Inc common—20
$3.75 preferred
:_No par

99% Ma? 21
9% Jan
7.

Continental

63% Jan

Continental Insurance

19

1

17%
*11%

Consolidated Vultee Aircraft—.—1
Consumers Power Co com
^Nopar
$4.50 preferred
—Nopar

preferred

Diamond Fibre

42

5

—10

974

*9 %'

13

6,400
17,000
1,200
2,100

974

300

42

41

4174

41

42

41%

42

41 %

41'A

3,500

18

18

18

18

18

18%

18

18

Va

.18%

1874

1,700

117a

11%

11'4

11 Va

11 %

11%

*11%
7%

7%

7%

7

10%

1074

10 74

11

35%

11%

*11%

11%
7%

*8%

107

200
,

41%

10%
10%
35%
35%
*104
104%
"105% 105%
*33%
34
*97
97'A
*13%
13%
*90
92%
32 %
33
99
99
*61

-

1,900

23%

*107

107

600

27

29%

23

13

—^_No par

15,200

8

*28 Va

107

preferrptU

4.000

2674

3

3
23 "2

260

103 V*

26 Va
8

8

9%

15

100

100%

1274

91% Mar 12

1,800

*53

1067-4

5

270

17%

974

3

9%

11%

Va

12%

Jan

1,900

*30%

Solvents^..——Nopar

preferred

Commonw'lth & South com—No par

4<7r

130

18

18
17

9%

934

94

Engineering

Superheater

$4.52

4.400

93

*9

—-

200

35%

15

*15%
17%

preferred

62%

>1030

93

16

*17% "17%

5,000

4%

23

*1030

.34

15

15%

14%

29%

*474

22%

62

62

92

15

15%

13%
297*4

5

23

72%

*71

33%

14%
30 Va

90

22%

*1030

33

17.800

2374

'

5

'

23

23

72

132

132%

140

75

40%

237'a

24%

30

4%

1,100
3.300

111%

14 %

29%

18

111%

39%

14
29%

400

29

180

40

111

*66%

"38

*1030

*92

*75

"23%

23%

68

62%

i'

*150

75

40%

83

28%

28

180

40%

110%

111

'81 VA

83

1,500

8

8

26%

26%

300

102'A

2274
50 %

17

72%

132%

103

23%

28%

*81%

%

4%
4%
*23%
23 %
*138% 140

33

50

1274

22

520

50%

*22%

40

"38
14
.

102

22%

50%

30

I

*9 7a

108% Mar 25

Shares

3

3 V4
-17

17%

Columbus & So- Ohio .Elec Co new_5

$5

share

47

14'A

14%

3

45 %

S per

share

*14%

3%

44

43%

Salea

May 6

May 5

"34

43

for

Friday

Thursday
S per

3

42%

300

PRICES

$ per share

share

3

3

56

May 1

May 3
$ per

*55

Wednesday

Tuesday

700

56

*55

974

13% Jan

2fi

13%
32%

27%

12%

85

8

12%
32

277a

10674

17% July

8% Mar

13%
32%

27%

2774

12%

97 V2

56% Feb 24

13 %
32 %

27%

*9%

8

Oct

13%
32

27%

10674

4

13 ya May

13

31%

9%

7

7

13
32

17%

8

Jan

2,200

17%

9% Jan

95

4,800

13

66
11

14%

300

674
2374

3%

9 %

12% Mar

37% Jan

3

42%

3%

6%

23%

24

974

12% Apr 13

7

"14 %

15

1,200

Va

4

6%
23%

17%

5

20

6%
24%

7%

*102%

com—100

7

Feb

6%

23%

1,000

%

7

.

(>%

*374

6%
23 7«

800

97/b
15%

31%

$ per share

;35%

*62

46% Mar

33

share

4

*3%

3%

6'A

13%
32

32'A

3%

23 34

24

*1030

2iy8Jan

105 % Apr

X

4
6%

23%

II,400

974

12%

Mar

Jan

■

500

15%

A

106%

May




io3A

10%

15%

9%

36

page

10%

10%

12%

108

see

10%

9%
15'A

106 34

3

For footnotes

10%

934
15%

9%
42 Va
17%

27

64%

10%

9%

15%

12%

92%

8% Nov

10%

10

9%

10% Mar

48% Mar

10%

10

*12%

84% Mar
92

10%

Consolidated- Laundries Corp
?__5
Consolidated Natural .pas
i__=_15
Consol RR of Cuba 6% pfd;_„;_100

30% Jan

May
July

10%
10%

Consolidated Grocers. Corp.—1.33V3

103% Apr

Sep

1,500

8

10

Jun

99% May

300

1034

30

106% May
106% Dec
42%

4%

10%

10374

Congol Edison of N Y cpm_+_Np par

12

7%

*4%

103%

21

4% Jan

xl06

8%

474
107*4

50

23% Mar 30

Jun

10%

474
10%

15,300

preferred series.—Np-par
.—25
Publishing Inc—No par
Congolepm-Nairn Inc.—
Nopar
Consolidated Cigar..
Nonpar
Consolidated Cppperipines Corp.;—5

12% Jun
Jan

4%
11%

2774

$6

30
Feb
28% May

*8034

27%
102'A

Conde Nast

9% Jan

82%

*80%

10

$4.25 cupi preferred w
Carbon Co

3.(50%

82%

28 Va

No par

Columbian

Commercial

81%.

27 %

Commonwealth'Edison Cq

27 Va Jan

Dec

29% Spp
15 % May

26

103 Va May

.8 %

Feb 23"
X40% Apr 12

7

3274

277a

com—No par
20

Broad Sys Inc

B___—

Combustion

18% Feb

81

32%

10

preferred

10

78%

81

32

27%

Nopar

Colorado & Southern Ry

10

37%

81

32

*

27%

100
-100

Corp

Iron Corp

4

10

13% May

12,300

31%

7 Va

27%

-5

Apr

3274

19%

7

27 Vb

—No par

11% Jan

Jun

32 Va

19%

27

Aikman

•

400

3274

19%

27%

Colonial Mills Inc

25

700

6%
19 %

7%

19%

7

27%

Collins &

&

120

674
19 Va

6%

191/2

*6%

7

28,900

19% Feb

cony

I,200

95'A

51 Va

17% Jan

5'.e>

21%

95

3574

93% Feb

23% Jan

Feb

.

Intefnat

Colo Fuel

400

'217*4

96

24-

'51%

8

35% May

25%

22

*95%

*33%

1

——

24% Jan

10%

Sep

A

Coca-Cola

Jan

1075

Class

*24%

*2174

24

21%
*95'A

3574

(The) common.No par

Coca-Cola Co

24%

21%
96

*23%

5274

No par

preferred

2nd

2

16% Apr
10% Jap

14%

4,100

517;,

17 '•

Mar 18

17% May

.

11%

52%

Clepay

30

9

32 Va May

31% May

Dec

12

9% Apr

Dec

Dec

Jan

63% Apr

12

Nov

49

152

8% Mar 22

20

28%

141

18% July
17% July

Dec

11

517 8

Colgate-.Palmolrve-Peet com_.No par
$3.50 preferred
—No par

Mar 22

20%

7%

8

Jan

63%

11%

51%

—50

preferred

183

11

35

Corp—
—!——1
Cluett Peabody & Co ocm—--Nopar

Dec

-

11%

50%

gtd—-50

73

13

27%

>

7%

21

12

Dec

10%

35

5
100

preferred

5% Jan

Dec

11

50 %

S4.50

1

60 %

10%

4%

*70

4% Mai-

134%

1,700

11

"150

% Apr

92% May

18

10%

75

Jan

Dec

18

10V8

-39

10%

75%

18%

-434

180

68

July

100

18%

18 Vb

10%

38

33% Jan

147

400

774

*4 Va

"70

Dec
Feb

19,800

10 V8

774

10%

*150

4%
137

12%

12 Va

*10

10%

preferred
100
com__No par

47% May
18% Mar
Jan

774

35%

—No par

35%

;

10%

*774

4%

Louis Ry Co com___100

non-cum

&

1274

10%

8

3,600

8.50

cofri

78% May
*

12%

10%

*7%

200

23'a

50%

.

5'.'o

12%

10 Va

8

81%

22 3A

24 %

50 %

preferred
:
Ccrp——No par
:
:—5
Clark Equipment Co„——20

2

12%
'•

10%

110

*79 "2

81

24

108 %

50 %

*34

"107
*66%

Apr

*80

23 %

700

107 %

10%

2%

100

34%

81

23%

107 Va

*82'A
4%

83

42 %

*110%

Nov

80 %

*

2,300

7%

20 V4
32 %
83
4'%

2'u

preferred
No par
Cleve Graph Bronze Co com
1

3

107

l,0OO

4%
15%

7%

7%

107

107
V

*4

15

4%
16

•7%

1,200

974

18%

May 2

Cleve Elec Illuminating-

112% Feb

*4

*15%

7%

9%

'

18%

Monday

3

16

4%
16

10

18%

66

42% Jan

Feb

*4

12 V*

*54

Apr
5
36% Mar 21

109

Nov

Elec

5 % A

& St

1,300

1674

xl9%

42%

cCity Products
City Stores
C

500

16

16%

974

300

18'A

55
30%

8

Jun

39

&

Gas

City Investing Co common-:

5%

17

16

9%

1974

2.50

I T Financial Corn;

C C

17

16

•9^8

19%
1674
*16

17

16

81%

55
30%

30 % Jan

9

400

4,600

23%

55

*14'A

20,700

1974

9%

22%

27

4

111%

69%

11

2674

121%

19%

*16%

17

*79%

*7%

2674

2674

100

107%

12

3,900

19%

4

*10%

56%

121 %

107%

8

55

100

19%

108%

27

7

Mar

'

*107%
*79
23%

27%

18% Jan

85

19 Va

7%

12 %

30

5874

121

*15%

10%

3,700

136%

100 >/a

7%

*7%
18%

6%

34%

34

*135%

121

15%

10%

1,000
100

*99

*7%

81

36;

121%

15%

23%

8,400

100

16

4

4P0.

15%

121
^

7%

*27
"53%
30%

3

77

16

30

*674

674
3474

3,206

2874

2874
15

*97%

99

121'A

*27

26

25% Mar

26%

*16%

16%

*

135

26%

19%

16 y8

*12%

674
34%
135

25%

15%

32

*3%
.6%
23%
13%
32

6%
34
137

7%

4

20'A

Feb

5

*6%
33

15%

20%

Jan

Apr

'36

-9%

32%

25

29% Jan 27

37

25%

*6V4

80

83

3574

'

57%

7

16% Jan

4

*29

59

95

1

preferred
-100
Milling Machine Co—10

50% May

2974
15%

9%
4

*9%

10%

100
25

i

Cincinnati

Oct

105

4%

.

29%
15%

*135

23%

$ per

-10

1

Corp

Cincinnati

2874

15
35%

LOW AND HIGH SALE

Co

Copper

24% Mar 17

July

88

July;

34% Feb
105 % Jan
•

Apr

x20

Jan

24%

16%
*16

Apr. 30

preferred

Jun

101 % May

19

Saturday

coramon„;

Co

5% A.

65%

Nov

22%

Childs

28%

29'A

35

96

STOCK

Chiekasha Cotton Oil

19

5% Jan

29%

Nov

80

16% Jan

42

19%

176

■

YORK

28 %

14%

57%

121

200

29%

V

58%

*98

105%

105 Va

24%

-

104 Va

*104%

58

99
121
19%

5,200

104%

21 ]A

Par

7

36 %

Nopar

share

14%

90

98V2
120

io

774

104%

32%

21

EXCHANGE

Highest

44%

Feb

24 %

55%

7%

-

136 %

STOCKS

$ per share

A

32%
136 V2

*65%
*10%

'•

_100

preferred series A_:
Chicago Yellow Cab
:

Range Since Jan. 1
Lowest

Highest

Feb

Pac RR Co—No par

Is &

6%
33%

99

200

13'A

7%

55 Va

6"%

*6%
32%

23 Va

,

com__No par
convertible preference—No par

Chic

.*6%

the Week
Shares

share

*1274
*53 Va

7%

33%

95

100

:

33%

21%
95%

100

Chicago Pneumat Tool
$3

Year 1948

$ pet share

vtc

14%

*134% 137
57%
58
24%
25y8

.

32%

137
57 %

13%

*53%

55

'

24

*7%

vtc—No par

& P

preferred

29% <

14 Vb

34

Salee for

May 6

7%

28%

29%

14%

13%

Friday
t per

28%

28'A
^

30

Thursday
May 5
fper snare

6V9
■t

*21
*94V2

Nopar
St Paul

A

Range for Previous
Lowest

50
Ry Co class A__25

B

Milw

A<>. 30
14y8

10%
*10
*16

—1

:

106

*23

'*6%
"20

17

*

21

Chicago & Northwest com—No par

4

22

& Louis

Series

33%

(The)

104%

32
*82%
*4%
10%

40

^

104%
28%

13%

•:

*53%

24

.

,

Chicago Great West Ry Co com—59

8% Jan

Mar 23

41% July

104'A
28%

*13

6%

21
'94

com—No par

111 RR Co

A—

$4
6%

>■

54

7

per snare

12%

*23%

.

5

Chicago Corp

9

Jan

3% Feb

Jun

13% July

Apr

10

24

& East

Class

8
11% Mar 30

22% July

Jan
Jan

Chic

21

55

7

.

Chesapeake & Ohio Ry common__25
3 % %
convertible preferred—100

Feb

23 Va

Nopar
1.25

Checker Cab Mfg

8% Jan

A%>i'2%

*53

15V8
15Va
*7V8
7%
;*107
108
*79
81
24%
24%
12%
12'A
*10%
10%
*7%
8
18%
18%
10%

share

13

*32%

6%

May 3

*12%

35

Wednesday
May 4

Tuesday
$ per

$ per share

.

Champion Paper & Fib com__No par

97% Mar
28% Jan

7%

50% Nov

Nopar

Co

.

1

1

4

31

:

26

Dec

10

de

6% Apr

■76%

30

Cerro

19% Mar

Dec

7%

9.50

Nopar
Copper Corp
5

Jun

31%

6

West. Corp .com_5

Sugar Co

May

15%
30

9

27

Mar 17

South

&

Central' Violeta

Century Ribbon Mills

45%

Dec

25% Mar

12

Central

20

8% Mar 29

c

111

\

^

121.121
19%
19%
*16%
17%
16 %
16 V8
*9%
9%
4
4

;

Co.;

Light 4%,% pfd
G00
Central NY Pr Corp 3.40% pfd—100
{Central RR of New .Jersey
_100

11

Apr

21 % Feb

11% Jan

7%

.

Jan

3

*97%

.

7% Apr

104 % Jan

1

5

Co—

24% Jan

7%

Jan

Sugar

6

83

;

preferred
Aguirre

Central

4

39%

33

Corp common—:

Central Foundry

*6%
32%
*134%
*56%
24'A

,

100
Nopar
20

—-

May

6

May 2

$ per share

Nopar

<

0% Mar

15

Jan

:

preferred.
preferred—

—.1
Central of Ga Ry Co vtc__—No par
5% preferred series B;vtc
100

Oct

Nov

2nd

Celqtex

11% Mar 14

10.%

,

•

6.

.7%

:

preferred—
—100
Caterpillar Tractor—
No par
Celanese Carp Of Amer com—No-par

(2001)

g#W AND HIGH SAL* PRICES
Monday

*32%

1
25

7%

7

17

3

3% Feb

Mar

131% Jan

26% Jan

Mar 16

9% May

8% Mar

100 %

105
1
.

5

6%

7

r'

i.50

& General Corp—
(J I). CP. common—
—;

Case

13

32 % Jan

Apr 23
v

Apr

series

Carriers

7.

Mar 12,

6Q

Far

*

Conv .preferred 4%

17

37% Jan

Nov

Jan

May

140

X50

13J.

% Jan 29-

7% Jan

24

32% Feb

Feb

147% July

7

29% Apr 13

130:

*

6

Feb

'

Saturday

Capital Admin class A common—1
<f
*>12%
13%
$3 preferred A
— 10
"52%
55
Capital Airlines Inc
——j__1 **6%
7%
Carolina clinch & Ohio Ry
100
*104 - 104'A
Carolina Power & Light—-No par
28%
28%
Carpenter .Steel Co—:————5
*29'A
29%
Carrier Corp common—
10
v *14%
14%

3

CHRONICLE

Apr. 30

*•.

17

8% Apr
108

\

1

'

EXCHANGE

■$ per share

12% Mar 23

26% Jan

NEW YORK STOCK

'

Highest

share

"'A A'

■'

STOCKS

Ranee for Previous
Lowest

FINANCIAL

&

35%

103%

104

105 Va

105%

34
*97

35%
104

*105%

%

35%

"11%
77 a
11

35%

774

"%

7%

774

1,600

10%

11 %

10%

1074

12,300

35%

2,200

36

10474

105

105

1057 a

106 Va

106%

33'A

33%

34

*33

33'A

97%

*97

97%

*97

200

774
11%

97%

35.Va

x35 V4

35%

105%

105%

105

10574

10674

106

106%

170

337*8

1.000

*106

33%
*97

33%
97'A

3378
*97

13%

430

97 %

13%

2,000

13 %

13%

13%

13%

13%

13%

13%

90

90

90 %

90 V*

*90%

92%

*9074

92%

90 %

91

33

33%

33'/a

33%

3374

33%

33%

3374

33'/a

3374

7.800

99%

*96%

90%

98

98

*9774

9834

200

*96%

8%

*8%

61%

61 Va

9

6174

*8%

874

6174

62%

P1/*

62 vr

8%
63

*97

1374

99

8%

874

63%

63 Va

8'A
63

90

8%

500

63%

3,600

Uy.1 iVI^C **i* »UUWJ. U.UU4W, J

i

18

COMMERCIAL

THE

(2002)

NEW
NEW YORK

Range Since Jan. 1

Year 1948

Lowest

Highest

Lowest

Highest

Feb

10%

Jun

6% Feb

14

8% Jan

Jun

47% FOb

11

18

14

19%

13 >% Apr

S3

Apr
Jun

21
14

58% Apr
15% Jan

55

July

Mar

19% Mar
*49% Mar

li

•

;

Feb

21%

24% Feb

15%

OCt

May

8

3

May 4
55% Jan 10
12% Feb

6

52

Feb 15
11% Jan
7

Oct

20

54% Jan 12
23% Mar 24

88

NOV

97% July

94

99% Jan 25

06

Oct

98

23%

56% Dee
164% OCt
8% Deo
1% Dec
29
Fib

6%

3%

39% Jun
98%
13

Mar

x2i

17% NOV

DCO

25"

f

150

Jan

137

94%

July

133

J18% Feb

Feb
82% Nov
84,
Sep
„ v 8%
Nov
v
8% Sep

;

129

i

Jan

.

50

•:
'

9% Apr
24% Jan
137

4
7

Jan

Cushman's Sons Inc 7%

Cutler-Hammer

,

7

96

92% Jan

11

Jun

29

: Mar

<

•

21

21%

21%
67%

•

:

67

V

10

10

26

"26

153/4

15% -15%

15%

37% ,38 K t
23%
23%

231/e

23 Vb

233/s

*96%

'

96%

•>'•

67

'67: \

.94

94:
V

20%

20%

:39 -r,*r

39 •

>

233/a
96%

'

*27%'■ 27%
12%

:

27%

-

13

*160

:-

178

>

27%

12%

'271/2

27>/2

*12%

12%
178

*160

'12%

*27

203/4

663/4
*27

j;:' 28:>,;::.

'

*7%
''

68

-

'

68

*11:
'

5% i

i7y8
6

-

*120%.

*43%

44

i

6

6

*

*120;

*160

21%

*135y4

136%

"23%

23%

%'y

681/2
;

121

-r

/

'-'

s

23'/a

21%

23%

■

231/2

231/2

.

*91

:

*16%

■

-

43%

•

11%

11%

12

92%

92%

*91

*12%

123/4

*12%

17%

17%

*16%

17%

16%

173/4

17%

17%

30%

30%

30%

29%

95

93%

94

92

^93 '

94

17%

series B—.100

*93

:

13% Jan

6% Feb

10% Jan

9% Feb 23

42

Dec
Feb
Jpn

;

46% Jan
34% May
50% Jun
13 y« July

32

Jan

31

Dayton - Rubber Co—

50c

9% Jan

7

Decca

50c

29

22% Apr 29

Jun

Deo

2

8

Mar 29

Jan

34

32% Mar 22

Jan

Deere

9% Jan

Co

&

7%

24

*93

Delaware

7

Lack

&

9%

6%

63/8

22 y2

1

*9%' *'.'9%
*6%

-

22%

*22y2

9%

119%

'

v

;

r

*135%

136%

23%

23%

23%

1,800

11%
/

113/4

4,300

23%

v

11%

:r

•

12

92%

*91

92%

*91

123/4

*12%

*16%

17%

*16%

17%

17%

18%

18

18

1,300

30%

30 3%

30%

30%

30%

30%

2,300

93%

92%

93

*923/4

933/4

94

93'

17%

94

*93

94

Western

50

: V.

*93

-7%

.100

25%

25%

40%

40%

*40 y4

20

21%

21%

6 3/s
22%

'

10

9%

9%'

9%

9%

9%

1,300

6%

6ya

6%

6%

6%

6%

23%

23%

22 3/4

23%

4,000
1,200

34%

343/8

343/4

x33%

34 %

6,000

32

31%

31%
34%

*31 y8

31%

*341/4

34%

8

7%

7%

26%

27

25%

26

41%

42

413/4

413/4

22

22 »/a

21%

22

23

22%

34%

7%

25%

100

190

93
'

9%'

9%

34%

7%

7%

.7%

8

7%

26%

27

403/4

41

22%

35 y2 /

7%

71/2

r

■r

*333/4

*34%

600

93 %

173/4

333/8

35

30

17%

32

*34%

i

.

13%

17

:

92%

*12%

33 y8

31%

51,000
1,600

*135%-130%

32

33 3^

31%

900

,

8%
213/4

31%

33 %

32

ir

.' 46

46

v

-180

120

8%

33%

331/4

*31%

300

,

■;. 5.700

;

,

30%

223/a

23%

33 y8

20
100

6

13 y4

?

'300'.
;

17 y4
!

933/4

6%

63/a "

No par

common

preferred

Delaware & Hudson.

40% Jan 21

7% Mar 16

Inc

Deep Rock Oil Corp

12

36% Mar 30

4

Records

/

100

21%

12

12

13%

1,800

'12%

17%

5%

8%

23%

92%

10

7%
68y8

:*ll%
1

'

45

a%

:

8%

136%

113/4

-900
■

'

V
-

233/a

92 3/8

*93%

6

*135%

',

*12%

?30 *

30

(-.600
n-.-50

'

•

*l'7Va

120
:

3,400

1?

28

i*65

213/4 .. .213/4

17%

v

J

160

7% r

12%;
'17
•

21%

13%

12

'.

5%

120 i<' 120

' 44 : r 'i

8

92%

12

17
-

'

*12%

3,900
r

12%? 12%
160

21%

•

yi':*135%436%''>- ::

*135 y2. 136'/2

*•
t

.

20%

,

*27

68%

12%

~

6
120

44

8%. : >
1

21%

'

;

.

..

66% .' 66%

7% :' "7%

17%

5%

120

44

8%

213/4.

.

12

*17%
'

121

44

8 3/4

'

'

series A——100

Preferred: 3;75 %

20%

178

*65%

681/2

12

>•'

6

"

' 7% I

IVa

11% ':

5%

4,300
500

94%

,

'.

t

28

,

*93%

.

663/4

;

*160

178

"65'/8

r

••16%.';".17%li

44

8%

21%

;

*111/2-

...'

••

122

*433/4 '

;

'8%

21%

.

>

-

' 7%

'

*63'/8

*163/4 i 173/s

i

V 8%

:

ty8
-

11%,, 11%

-

■

122

7%.
68y2

*65ye-

11%

17 y8

•

•'

rr'

7

7%

,

:

96%;; 96%

J

:

94% i"
20%

'*93%

•

95% Jan 20

96%

>/'.*12%'.,.'123,4"..'... ■'1 12%: 12%t V.:

" r

*160 V178

;

15%

'

No par

Preferred 3.75%

-

V

96

20% ^ 20%
66%
66%

■

400

26

•

'i

V;

>

1,000

:

38%';f- 38%
23% : 233/4

*25%

'

'

t

93/4

9%

10
26

*94-:>'•/94y2'.'

•671/8

•f

*9%

'

15% Jan

7% Feb

•:

*34

341%

1,000
•

200

4,700

■

Denver & Rio Grande West RR

'

39% July

32 y« Mar

20

37% Mar 23

July

55% Feb

27% Jan
7
50% Jan 24

3

11

Escrow

ctfs

for

Escrow ctfs

for

•

'35% Mar

Mar 29

22

Jan

26

Devoe &

Jun

36

Mar

3

40

Jan

7

1

45% Feb

1

10% May 6
6% Feb 25

12 Ya

5

13% Mar

15% Jan

33

Feb

11

Dec

13

Mar

22% Apr

xl9%May

40% Apr

20

Detroit Edison

58

6% Apr 21
19% Apr 21

46% July
19% May

10

Detroit Hillsdale 6s S W RR Co_ 100

Jan

9% Jan

7

24% Mar

2

Apr

Detroit-Michigan Stove Co
Detroit Steel Corp—,

6%
Diana

■

Year 1948

,

29

Feb

11% NOV
47

NOV

32% Feb

20%
.

Feb 24

Jan

18

14

30

19%

*193/8

11

3

Saturday

—-

103/4

Dr.

Doehler-Jarvis

19

Feb

12% Jan • 3

17% Apr 20
63% Mar 31

Dome Mines Ltd

50% Jan 21

Dow

No par
common—,
19

48% Feb

50%

43

7

Apr 29
101% Apr 22

105

101

Class

108% Jan 21

90

Feb

X18% Nov

31% Jun

Apr 29
19% Jan
3

80

20

July

Apr 27
11% Mar 8

12% Deo
164
Mar

May
May
188% July

9%May
179
Jan

113% Jan

124%

119

.

2
4

28

97% Jan

99% Jun

Feb

3

113 y« Mar 14

15% Jan

10% Mar

25% May
20% May
19% Nov

16% Feb

26

14 Vb Feb

7

9

Jan

24 Vb May

86% Jan

11

4
21

7%

7i/4

71/4

133/4

133/4

'

Chemical

Co

29%

*28 3/4

Industries

3%%
Dunhlll

521%

52

series

Duquesne Light 5%
D W G Cigar Corp

210

12

12%

12%

121/4

12%

12%

3,100

29

29 y2

29%

293/4

29%

29%

2,400

16%

9,800

16%

163/8

363/4-

163/4

163/4

17%

59%

59%

61%

61

61

59%

59%

1,100

431/4

43%

433/4

45%

45%

463/4

46 3/4

46%

46%

473/4

9,900

102 Vb

102%

102%

*102%

103

103

103%

1043/s

*1043/4

22%

24 VB

23%

1053/4
23%

80%

80%

*80

84

*81

84

16%

17

*16

17

*16%

163/4

*91/8

91/4

16%

16%
x59

16 3/4
59

16%
*58

101%

101%

101%

1013/4

22

221%

22%

22

221/4

22%

*79

81

*79

80

*79

803/4

*15%

17

16

16

*15%

17

9%

9%

9%

189'/a

189

189'/4

9%
190 i/a

9%
190

1

9%

1043/4
23

93%

103

104%

100
-

23%

1,400

10,400
100

600

1,400

9%

191%

192%

191%

190'/4

191%

6,800

121

121

120%

1207/b

*120%

121%

300

*100y4

100 3/8

100'/4

1001/4

1003%

1003%

114%

191

121

*120%

121

*1203/4

121

*100

100%

*100i/4

100%

*100%

100 3/8

*114

115

1143/4

II43/4

*114%

115

.

114%

1143/a

114%

*114%

115

70

10%

103/4

*10%

11

700

11 %

II

11

11

11

11

11

17%

17%

171/2

171/2

17%

17%

17%

17%

15

15

151/8

15%

153/B

15%

15%

15%

11

11

11

11

103/4

10%

10%

44%

44%

170 y2

*170%

27%

253/4

..

*102%

9Ve

9y8

*120%

*11

400

400

53

12

*101'/a

100
1

*52%

29%

*102%

1st pfd

:

'

12

61

43i/8

20

Shares

*103/4 •111/4
':\»29 V". 29%

521/s

<,

ths Week

$ pet share

43%

16%
*60

No par
No par

.

•:

29%

102%

com

series

$4.50
Preferred $3.50

52

521/a

Sales for

May 6
v

123%

No par

Preferred

Friday
.

293/4

1

Du Pont de Nem (E I) & Co

291/4

52

1,100

12,100

12

*1021%

International

29 V*

11%
29%

.

7%

293/8

102%

preferred

conv

29 %

'

11

300

2,900

121/4

100

Dupian Corp

•

11%

700

"

'

30

*102

common

52

$ per share::

share)

'

14

14

Thursday
\
May

11%

29%

52

50c

2nd preferred.:

$3.25
Dresser

27

291/4

No par
No par

$4 preferred series A

t per

share

53

5

Corp

$ per

*7%

73/8
14

•

.

29%

121/4

5

10

LOW AND HIGH SALE PRICKS;
Wednesday
Tuesday
May 4
May 3

11%

*29%

4

12 y« Jan

10%

13%

113/8

No par

Jan

Jan

42%

10%

7%

11%

Pepper Co

May

115% Jan 12

*41%

13%

I per share

':

*36%

10%

7%

■

200

37%

37

42%

10%

13%

May 2

400
"

'

11,000

37

73/8

Monday

M ^

3,400

19%

19%

42

13%

•

?

9,600

?;y:

■:

*

12%

*12.

12% !
20

1,800
;

20j/4

'

103/4

10%

103/4

*20

37%

*41%

42

6%

42

37

36y2"

*iiy4

No par

13

101

19%

2,600
-

59

61/2

>

20%,

? 12%

19%

12i/8

A

17

195% Apr
5
12iyaJan 21

12'/a

19%

*29 V*

No par

Douglas Aircraft

67% Apr

*11%

*52

—No par

Apr 26
14% Mar 29
24

36%
*41%

6%

*20

12

*54

59

6%

20

*11%

1

33

Jan

"

4 pet share

Par

Divco Corp
Dixie Cup Co common..

28% Mar 23

Jun

12

*10%

■Apr.'30

10% Jan

116

12

11

73/8

Jun

Jun

201%

•

133/a

Apr

18

20%

-V

7%

Jan

98

20%

37

13%

23

Deo

20%

42

13%

40

Jan

63/4

*

53

106% Jun
106% Oct

111% AUg
10% Dec

8

15

12

6%

19%

*7%

*54

59

*54

59

6%

37

2

•

'22

6%

*41%

_60c

48 Mi Feb

83

*54

41%

36%

41%
*10%

YORK STOCK

EXCHANGE

Jan

','24% Feb

Feb

Feb

^ NEW

;

t per share

Jun

97

94

;

17*;

56

Oct

19%

22%

63A

;

*11%

51

2

Corp
Corp-Seagrams Ltd

•

t per share

Oct

41

■

-Lsweat

v.

S per ">>nre

9ver share

19%
*36

■

*20

12

25%
40%

22

STOCKS

Range Since Jan. 1
Highest
J ■■■

.

Highest

fjfi

18% Dec
26.,
Nov
48% Deo
10
Deo

25

Stores

Distill

6

;

No par

common

preferred^

Diamond T Motor Car Co.

7% Mar 12

2

*11%

5

403/4

^20%

6%

20

25 y4

59

*54

6%

20

253/4
403/4

22%;

22

59

6%

1

aL

Match

partlc

*54

1

;

Raynolds class A——12.50

Diamond

Range for Previous
Lowest

(W

com

pfd

De VUbiss Co—

19

11
% Apr 22

13

Jun

46

•j 8% Dec
■"■22% Mar
/II
Dec
18% Deo

11% Feb

28%

Dec

«...

Jan

20

21% May
60% Jan
13% May
26% Oct
16% c Jan

Apr

;;; 86

20% Feb 24

58

„14% Feb
,

i

*67

«"

Corp new common
1
3% % pfd series A^
^^.100
Davega Stores Corp common—.2^0
5%. conv preferred ———20
Davison' Chemical Corp (The).
1
Dayton Pwr & Light common—
7

30'% May V 5

,94

4.

."

3

:

■

;95 -':>

800

100%

8;200
,100

,r;

15%.

413/4:'. y

-

2,400

25%

*99

;

•;

4%

26

■p

93/4

96%

■'*94

?

:

*39
'

97'/4

100

100

4,400
•
40

2%

25%

>

25% ' 25%'

:ioo
K-

153/4

155/B

23ya; 231/4

•

1,800

•

176

4%
*2

•

;

64 y4

*174

f.

4%
2y81

;

98

26

'

*251%

413/4;

*39
,

175

4%
2

25s,'a
100 :r

*98%

64

*174

2

25

■

100%r

9%

■'

■■

15%

*96% '

95

t.'21%

Dana.

Mat 14,

Inc

23%
97

*94

pfd—100

A

41%

'

''V :

9%
26

15%

^

251/a

24%
*98

,

1%

21%

63%

1

290

98-

21

*97%
;*97%
<

1,100

533/4

99

633/4

t

90

8

:

8

*53

21%

21

190

1,100
1,900

51

so y8
"

*973/4 -99

41/a

4

2

X

c;

■

174

173
^

3%

*1%

100%

9%

97 /

173

173

9%
14%

53

*97 3A

63%

500

10,700
V

14%

8%

53

:

55

■'■V;; 9%

51

8%

f

343/4

55

14%

p

51

981%

34 y8

7,300
6,500

133/a

V

93A

93/4
.

56%

13%
•

Shares

65/a

6%
56%

55:

:

14%

99

633/4

633/4

r3%

26

.

15%

23%

1

,.Jan. 24.

4

92

11—_„—

93

Jan

Jun

*40

•:"

?

Class

14

26% Jan

.94

10

26

633/e

251/8

24%

98%

*973/4

99

55

213^

211/4

21

'99%

35

8%
531% *

53 %

6%

573/a
133/4
35% ?

*133/8

14%
50'/a

14%
501/b

531/4

*98%
*973/4

61/2

56%

ioy4

10

/

8%

2

*98

100%

,

*54%

8%

4

2

25%

24%
*98

•

2.

*3%

2%

*9%

15 % Mar 18

.

*172%

4'

V'

■:/;

51

21
•':

►

641/4
173%

63%

172%

*25%

Cunningham,Drug Stores Inc—(-2.50
Curtis : Publishing- com.—No par
?
$7 preferred ——No par
Priori preferred:--^——No par
Curtiss-Wright common —,
1

7

lTVe May
20% Jan

64

4

RR e%- non-cpm pfd—100
Cubans-American■ sugar common—10

21

26% Jan

99

the Week

36
551/4

V

531/4

211/8

99i/2

*973A

*2

$2 preferred—No pat
Crown' Zellerbach Corp com.
5

:

21

*98%

99

351/8

'W

8%
'

533/4

21%
99%

14

14%

14%
*501/8

*97%

14

551/4
10%.

10%

8%

*98>/2

.15%

—

'

Sales for

May 6
$ per share

6%
57%

34 y8

34

51

53

53%

*20%

3'

r.

7
Jan 19:
Jan: 19

*

*53
'

Cuba

7

8%

57

14

*54%

14i/2

*50y8

9

1

": $4.20

7% Jan

Jan 13

xl6% Mar; 8

? 31% Aug

America—

of

14%
51

.

.

Feb 23

15

28% July

' 24%

,

-

.

17% Jan,

■

.18

101/4

;

Crucible Steel of.Amer com_^No par
;
5% cony preferred—a
i-10®

:

101/4
14%

*8%

■W: 7% preferredMay 6
100",
8% Mar 29 »
Cudahy Pacidng Co common-:—i_10
73;;■!,Jan 27' .■ "u; 4%%'-: preferred—j.100
Cuneo Press lnc_^_.
L.
J—
13% Feb
1 '

?

55

10%

6%

563/4

*13%

34

32%

Cream of Wheat Corp (The)_.
Crown Cork & Seal com———2.50

30%>Jan 10

■

32%

54i/2

t

4

11% Apr 29
87
Jan.
4
12

Creameries
•

>

54%

32 y2

14%

—100

preferred——

\J-1

Friday

$ per share

share

6%'

55

14

*50 %

.—25

—

Jan

Apr 22

Jun

common—,

*13%

*10%

preferred———^—Ufo par
$4 2nd preferred-—
No par

160

Mar 14;

21

;

20% Jan

"'; i4%M3eO

.

-

3% %

^15%;Jan':27-

6

.of?; Apr 21

631% May

85
Oct
.18% Deo

,,27
81%
29 y«
38%

May

Co

7

43% Apr 27 v
'/• 7% Jan
3
21
Feb
8

28% Sep:

>•

Crane

55i/2

Thursday
May 5

$ per

6V2

6%

6'/2
55

13%"

172%

*

24 :■ Jan
7
72%.; Jan ~24>

,

119%Mar4

Aug:

May
12% July*

'

(21% Mar

„

,6

May 3
t per share

*54

:/•'

1
1

————

96 c

^
Feb <24
12% Feb: 24

,

61

47% DCO
4% Feb
16% Feb

!

Jan>

13%

.100

1

—

—

Mar

Feb 15

67% Jan 17 K
July
"17%-May. •A :il% Apr; 26. '
'(34% "-Jan-iA. %' 16 VcFWrfM *;
13 y4 Judy,'
4% Feb: 24 •

122% Feb

,

»

May 2

6%

63%

preferred

i

Wednesday
May 4

Tuesday

Monday

55%

Refining com—25

98 '

,

68

(15%,'Dee
7
Felr

188

Mar 17

160

Jun

13% May

;

23

17 Yt Aug '1

177

.3

Feb24

46

Jan: ■'

34
!'

Apr
7% Deo
67% Deo
11% Dee:

13

19% Apr-32
.

7%

May 2
19% Jan
7
42%, Apr 13
27y. Jan- 8:

6%
*55

14

Coty International Corp

10% Mar 30

.

Products

Coty Inc
<

26

94

,78Y« Jun-

12% Feb

100% Apr

*

7>

94

Jun ?

•

8
7

3

23
■

28% Jun A

155

2% Jan
32% Jan

1

5

Corn

4% Apr' - 4

€

36% Jan

34% Jun;

65% Dec;

,

.

15% May
;

103% July
129

64'A May 2
178% Feb 18

14

Jan

Feb 25

8%, Jan
23 ; Feb

'

26Y«May
•46% Mar

t

58% Deo
28% Dec
91% Feb
95
: Dec
20% Deo

:

Jan
Dec

24%

.

99

Jun

8% Dee

<

171% Jan
6
3% Mar 25
i% Feb 25
24% May 3

Jan
Feb

99

6

Jan

57

Mar

177

92% Sep

,

Apr 26
Jan 10
92% Jan
3

July
66% Mar

J

4

Sper share

t per share

For

Cooper-Bessemer Corp commons
B
$3 prior preferred—
No par
Copper Range Co
No par
Copperweld Steel Co common—A
Convertible pref 5% series
-60
Cornell Dubilier Electric Corp—
1
Corn Exchange Bank & Tr Co.
20
Corning Glass Works common
—6
3%%; preferred——-—100
Cum T>fd 3%% ser of 1947—100

17;

19% Jan

6
3

49% Mar

57% July

-

RECORD

Saturday
Apr. 30

■'

;•'/>.

Continental Steel Corp

8
4

49% Jan

Jun

STOCK

■

Continental Oil of Delaware—

6

9% May
14% Apr

Monday, May 9, 1949

LOW AND HIGH SALE PRICES

Continental Motors-

36

Mar 18

53

50% NOV

42% Mar
«% Nov
50
Feb
15
Nov

CHRONICLE

~

."

7

69%

-

STOCK

EXCHANGE

t per share

t per share

8 per eh are

46% Feb

6

YORK

FINANCIAL

STOCKS

Bill* for Previous

I per share

&

,

192

<

500

E
18

Dec

13%

Oct
Dec

13

12% Deo
38% Feb
157

Sep
30% Dec

,14

Deo

82

Mar

10% Dec
92
Deo
5% Jan
89% Nov
11

Feb

82% Feb
1% Nov
13% Feb

10% May 6
9% Feb 11

22% Jan
46% May
175

Jun

42% Feb
Jan
164

7
5

33% Dec
19% May

25% Apr 14
14 y8 Apr 13

92%

88

Eastern

7

13% Jan

7

47% Mar 29
174

Feb

7

18

Jan

10

12

90

Jan

14

Apr

5

Jan

20

101

29

Jun

May
7% Apr

2

4%%

Apr 18
2% Jan 12

19% Jan

Feb

166

Oct

153

Feb

15

171

123% Feb
48% Dec

147

Oct

135

Feb

15

156

56% Jan

41% Apr

18

51

12% Deo

17

12 %

19% Nov
Deo

27% Jun
74% Jun

49% Feb

57

Jan

49

Oct

42 % Jan

14

47

Feb

22

12% Feb
9% Mar

20% July

28% May
13% Jan

16% Dec

12% Feb

24

16% Mar 31

12% Jan
29% Dec

16% Aug

6

16

16% Apr 18
33% Mar 25

24

97

Feb

34

Jan

14% Jap
30% Feb

104

Jun

100% Jan

4%

Jan

6% Nov

9%

Feb

11% Feb
53% Feb
60

50%

Feb

59

Sep

68% Apr

4

Dec

9% Dec
7% Mar

9

Dec

49% May

3%

Dec

see

1

7

61% Jan 24
68

Jan

31

25

4% Jan

6

7% Mar

7% Mar

footnotes

24

Apr

Jan

3

10y8Jan

'7

5

9% Apr 30
43% Ma92 9

36

page 26.




Jan

3% Mar

4
3

5% Apr

6

*101

*71/4

33%

*891%
121/a

12%

101

102%
-

7%

7%
34

34

$7 preferred
$6 preferred

Co

14%

*15

15

*89%

conv preferred
preferred

Paso

Natural

Gas

101

Equitable Office
5%
Erie

Bldg

common

preferred series A
Pittsburgh RR Co

&

12%
*99

1,000

44 3/8

443/4

44%

44%

13,000

173

*170%

173

,170%

1701/2

50

253/4

26

25 s/8

25%

5,000

263/4

15%

153/4

15%

*89%:

91

12%

12%

12%

*99

101

*99

7%

7%

343/4

343/4

34%

34%

353/4

36%

1%

14%
*34

*1%

14 Va

14%
34%

'

*34

1%

1%

141/8

14 Va

*34

34%

1%'

1%

*15%

15%
91

*89%

,

12%

12%

*99

101

7%'

7%
36

36%

14%

14%

*34

34%

1%

1%

16

24

24%

600

91

12%
101

V 1,600

100

7%

700

36%

5,500

14%

1,200

343/8

1%

25%

3,800
78,200

1

243/a

241/a

243/a

23%

167 V8

1683/4

166%

167%

165

167

165%

166

168

171

8,000

152

150 3/4

150%

150 V*

150%

1503/4

1493/4

150y4

154%

156

6,000

43

42%

42%

42%

43

*12

43

152%
43

24

121/4

12%

121/4

12%

*12

12%

*19%

20 'A

201/4

201/4

20

203/8

*52%

551/4

*43

46%

*26%

50

263/4

26%

11

101%

10%

143/4

14%

14%

161/4

15%

161/4

4

*10%

B
10

14%
*15%
31

25

31

20%

24%

12%

12%

121/a

12 y8

1,700
000

20%

20%

20%

1,600

*54%

571/2

46

*45

46%

56

*54

*45

46%

*45

26 3/4

27

27%

27%

283/4

10%

10%

*10%

10%

10%

14%

143/4

15

15%

*15%

15%

15%

153/4

31%
103%

*102%

31%

31
102

31

43

59

*53

46%

102%

273/4

1,300
2,800

31%

313/a

31%

*30 3/4

31%

103%

*102%

*102%

103%

4%

4%

1,600

12%

12%

4,000

551/4

551/4

800

*4%

4%

4'%

4%

4%

4%

4%

12%

12%

123/8

123/8

12%

123/a

12%

-100

*54%

55

54 3/4

543A

55

55

54%

551/4

*543/4

55%

50

*59 Vb

61

*591/8

61

*59y8

61

*591/8

61

*591/8

60

61

1,300

4%

43/8

4%

4%

43/a

4%

43/a

*73/4

7%

7%

8

8

8>/8

8

8 »/8

1,400

9

8%

9'/4

9

9%

8%

8%

13,100

42

42%

41%

41%

2,000

4%

*4%

4%

400

41/4

41/4

7%

7%

8

8

8%

91/4

8%

9%

3

401/4

40%

401/4

40y4

40%

2.50

*4%

53/8

5%

4%

*5

1,600
3,000

16%

123/s

4%

10%
15

16

•4%

41/4

10%
15

15%

12%

-

8,200

16%

4%

*59%

100

28

16

12%

61

54%
46%

15

1

102%

54%
*45

27%

No par

*101%

42%

28%
10%

103%
43/4

100

42%

20%

56

31%

243/4

12%

42%

*53

*102

|

20%

43

*43
'

3

W:

23%

800

168%

1

Exchange Buffet Corp

10%

7%

6

Ex-Cell-O

103/8

7%

5

Co

Inc
Corp

10%

7%

Evans

Products

5,300

10%

7%

Eureka Williams Corp

Eversharp

101

2,500

153/8
11

45

*89%

12%

17%

10%

151%

50

new

Endicott Johnson Corp common
4% preferred

Erie RR

y4

91

121/a

17%
15%

Hi/4

'

10

common

170%
x27

17%
15%

241/4

No par
No par
15

1%

1%

44

17%
15%
*11

1681/4

No par

5%%
5%

1%

*103/8

91

14%

Emerson Electric Mfg Co
Emerson Radio & Phonograph
Empire District Electric Co

5

91

343/4

7

14% Jan 21

14%

15i/4

121/a

*34

El

6% Mar

20% May
11% Jan

34%

24

*14%

*89J/2

0

4

13

1

28

*14%

Elliott

Jan

27%

14%

13% Mar 24

104

*168%

27%

34%

21% Jan

19

170%

27%

2.50

common

5

8

170%

*168%

*34

6

7

441/4

*14

6
10

433/4

2

(The)

6

3% Feb

Jan

Jan

441/4

100
1

Electric Storage Battery
Elgin National Watch Co

4% Mar 12

16% July
65% July

May

6

44

3

28

26% Apr
10% Feb

41%

May

10%

Convertible preferred—
No par
Elec & Mus Ind Amer shares
Electric Power & Light com_No par

Electric Boat

6

Dec

x55

May

25% May

111/8

10%

100

14

35

*10%

10%

100

common

15% Apr

32% Mar 18

111/4

10%

10

4%%

Auto-Lite

*10%

6

preferred

Electric

Oct

18% Feb

10

Edison Bros Stores Inc common

Ekco Products Co

7

37% Jun

Jan

1

preferred
Manufacturing Co

1

29
3

189

Inc

Jan

43

1% Apr

10

Airlines

preferred
Elastic Stop Nut Co

33% Apr 29
12% Feb 25

2% May
23% July

6%
Eaton

8

4

Co

Eastern Corp common
Eastern Stainless Steel Corp
Eastman Kodak Co common

3

32% Jan

Jan

98

8% Jun
16%

16% Mar 29
13% Jan

6% Jan

Jan

56

Eagle-Plcher

10%, Feb

Jun

16% Jan
106

20% Mar 30

9

40%
5

41
*5

42

5%

*4%

4%

THE

Number 4801

Volume 169

COMMERCIAL

Range Since Jan. 1

Year 1848

,:37

54%

5

Nov

11
•

'Feb

<

35% Feb
16

•

1

Dec

20% Feb

•

-;

43

J

-<■ ■

;

17 y»

Dee

53% Feb

i
-

Dec

103% Nov
''

49% Mar
14 Va Feb
96

;

Dec

:

Dec

>

;

Dec

Jan

68% Apr.
6
.69% Mar 31

-

17% Jan

3

.,31% Jan

7

2

13 y* Jan <3

15% Mar 29.

12%-Jan

13% Mar

Jun

100 % Mar 17
28

14

Jan

22

.

May

90

90% Jan

2

18

95

Mar 10

26

Jan

Dec

11

23

Feb

24

25% Feb

Corp..,
Inc>t—i

Machinery ft Chem

3%%

3

11% Jan

Steel

pfd___

oonv

*58
i•

11

6% prior preferred—_■__^
Francisco Sugar Co__T

26

Feb

11

48 *

10

12% May
24% Jan

11% Jan

19

12% Mar 17

25

20% Jan

12

Fruehauf Trailer Co

73

2

78% Feb

2

4%

7% Apr
7'/4 Jan

4

Gabriel

10

.

Dec

Aug

6%

Dec

6%

Dec

10 y4 May

16%

Dec

20

9

10% May

May

6% Feb 10
5% May 5
16

Jar}

Apr

8% Apr

Dec

12

Dec

37

12 y4 Apr

38%

Aug

12%

Feb

16%

Nov

23 V4

_5%

Dec
Dec

45

16%

Dec

11%

Feb

26May
18 Va May

9% May

99% Mar
42

8%

Feb

146

159%

25

17

Apr

18

Gamewell Co

18

19

Apr

26

Gardner-Denver

26

13'/a Apr 25

Gamble-Skogmo Inc
5%

6% Feb

Co_

106

Jan

11

Feb

7

10% Jan

24

Jan

6

163% Jan

19

24

Baking
preferred

$8

15

3

10

653/4 Apr 25
26% May 6

79% Jan 20

4%

31

Jan

7

4%

18

Dec

24

17% Mar.

20

Apr

1

xl25

139% Apr

.7% May

.

4

Jan

Co

7

General Cable Corp. com
1st

433/a Mar 31

93% Jan

4

97% Apr

14

7% Feb

28

13 Va Jan

11

52% Jan

13

General Mills

Jun

Jun

1233/4 Jan

97

Jan

4

1273/s Mar

4 V.

Apr

107 Va Jan

3

13

5%

t per share

Range Since Jan. 1

Highest

,

'VT.# per share

50% Mar

Highest.

t per share

$ per

-.

25

62% Feb

2

5

125% Jan

17

$5

93% Feb
-12% Mar

99%

Jun

x97

Jan

6

100% Jan

26

17%

Jun

13

Feb

25

16% Apr

28

26

Nov

23% Mar

3

25 y4 Jan

7

Nov

18% May
4% May

12% Apr
2% Feb

Dec r:

15 Vb

11% Jan

3

18%

Dec

29

,

21

107/a
120

•

Feb

;

Sep

>

24%

110%

May

128 y2

4% Mar

22%

Jun
Jan

6% May
30% Jun

Feb
Nov

4% Feb
23 ya Jan

3

6%

5% May
247/s Jan

4

102 y2 Jan

11

Apr

Dec

99% Apr

Dec

30

Jun

18

Feb

25

21% Jan" 5

Dec

90

May

75

Jan

24

77% Apr

Jan

82% May

71

Mar

May

3

73

7% May

Jun

3

12% Feb

27% May

4

33% Jan

82

8

91

Mar

28

May
55% July

Feb

6%
122

Dec

Oct
Nov

24% May
64% Oct
103% Aug

47% Mar

3

94 V4 Mar

31

23

25% Mar 29

17% Mar 28
48 % Jan

3

21% Jan

3

5% Jan
107

Apr

6

14% Jan

3

Feb

10

56

101

Mar

101

Dec

23%

Jun

Dec

5%

Jan

7

53% Mar 25

8%

9

-8'/a May
116

5

Jan

12

17% Jan

7

64

Time

Corp
preferred

8%

4 % %

4%%

87/a

8%

87/a

2,000

37%

37 %

31 Va

37%

400

37%;

*37V4

37%

16%

16%

16%

xl5%

15%

*15

15%

151/4

15%

v

18%

17%

18

*17 VB

17%

*i7y8

17'%

17%

17'/a

<

12%

*12%

12%

12%

12%

12%

12%

127/a

1,600

5%

>;.< 5'/4

5»/a '/■ 5 Vb

2,800

12%.-

L 5'/4

5 Va

5»/8

26%

26%

26%

18 VB

17%

18'/a

37%

*26

18 %

5>/4

is y4

18V4',

15

151/4

145/a

14%

14%

14%

147/a

*105»/4

105 y2

105%

105%

♦105%

105 7/a

42%

43%

43%

43 y4

10 Vb

10 Va

ioy4

1617/a

161%

*160

10%

10

10%

10 Mr

163

*10

10%

*10

7%

7% V

.

7%

7%

3%%

Glmbel Brothers
$4.50

preferred

*137%

138"

31 Vb

41%

41%

97 %

97 %

97%

8V4

8%

*8%
48

:

48

*126%

*126%

127%

:

37%
41%
97 y4

"91 VB

43

Apr. 30

57%

8%

8%

*48%

*126%

127%

49%
126%

*126%

126%

luo

*100V2

105

105

*100 Vb

104

.

124%

4%%

conv

preferred

V

15%*13"/4

-

*23 y2

24

*117

124 7/8

99%

15%:

99%
is

24%

25

*15%

16

24%

25

13%

13%:

•

*2%

•; 2%

"v14%

14%

17%

*17 Vb

17%

17%

17%

17%

*17

121%

*120%

121%

*120%

1211/2

5Va
23 Va

*

26

*25-,4

117

117%

20

5%

23%

'*19

19%

*

*76

78 %

72%

23%

7%

26V2

25 Vb

25 Vb

20%

20

20

19 Va

20

IOI1/2

*100

20%

101 Va

20

19%

*19 Vb

19%

300

771/2

*75

77%

*71

72%

72%

*71

7%

7%

8

101%

*71
.

;•

*100

72%

•To

8 Va

81/4

8

8 'A

2,500

'

27%

281/4

281/4

28%

27%

'28V4

84%

84%

83%

83%

13%

13 Vb

13 y8

83 V2
■■•■' 13'/a

83%

13

75

74%

74%

*74'%

75%

*74'/4

75%

,27%

28%

*83%

85

13 Vb

75%

*24

25

Vb

13 Va

13

.

*74%

75 v2

*24%

25

24%

24%

24%

25

25'A

25 %

18%

18%

18%

19

19%

19%

19%

52%

53 y4

*52%

53%

600
8.700

■

,

100

25 Vb

700

20

.

6,200

52%

52%

53

*52%

6,600
,

13%

25

18%

*74%

53%

900

1,000.

*75

83 %

*52%

100

25»/a

*19%

28%

53%

1,500

117

*116

117%

25

-

19%

83 '/a

17%

300

77%

28%

18% r

10,200

23%

•

*26

26

26

30

5%

•f%'> 5%

*76

13

*52%

5%

:

*19%

13 y8

50

•

*116

25

*100

85

18%

.

600

121 Vas

*120»/2

24

5%

,1.400
40,400

17%

71

19 VB

*74%

2.50

121 Va

*23 V2

26

117%

25

,

*12»%
■■•-V

*

19%

71

7%

26

.

78%

100

*76

*71

5%

*17

23%

116%

20%

100

*100

;

*

14V4

.-

■

5%

26

25

14

14

23%

,

117%

*19%

101 %

13%

5>/4

23 Va

25

20

"

13%'

13-,a

2%

13 VB
*

2,900
1,000

14%

25

28%

25%

2%

19%

.

24%

;

14%

78 y2

28%
*83

•

.-1,400

2%

24%

'

15%

14%

5VB

8"%

500

■i-15%

2%

25%

72%

59%

14 Vb

101%

-

600

*99 '

99%

2%

25

19%

31,500

125

14 Vb

*23%
117

Shares

59%

58%
125

125

*15%;,; 16%
>25
251%

8alee for
tho Wook

2%

121%
•

f

20

200

share

13%

2%

1

J

■<

1,0C0

May 6

'

$ per

591/4

124%

99%

13%

20

No par
•

15%

17%

118

*24%

124%

99%

25

'

25%

25%
-

124%

14

5l/4

*5

v

59 %

99%

99%;

2%

17%

58%

*124%

124%

13%

13%

17%

58%

*13%

2% '

2%
13^/4

58%

15%

13%

•'

57%

25

15%

V

May 5
$ per share

58

48

Friday

Thursday

.

•

$ per share

*99%

24%

>'■'■

May 4

.

$ per share

*124%

99% 1

24%

<

5

Gleaner Harvester Corp..
Glidden Co (The) com

>*':

124%

99%

v

May 3

8'%
{48 y2

PRICES

Wednesday

Tuesday

126%
*101

t per share

57%

V 1,700

8%
49%

57%

I per share

400

8%

8%

126%

126%
*100v2

May 3

T

: 971/4

*97 !/a

;: ;

60

9,200

49%

♦

300
t.

21,900

42%

42

97 y4

*97%

97i/4

•

37%

.37y»

>;

400
A

139V2

*138

38 Va

42%

140
11

8%

LOW AND HIGH SALE

•

5,500
,

27

49%

8%

.

37%

42%

>•41 v2

49

Monday

Saturday .;

*76

No par

7%
68

*67

1391/2

38

37%

97%

-

127%
101

101

101

101

48%

Z

8%

48%

l

*138

138

37%
41%

31 VB

41%

-V

138

138

7 138

138

37

No par

:

£

700

19% -19%

*100

No par

„>

19%

67

20

•

10 y.

7%

7%
671/2

2,100

162

10 Va
>

7%

10'/a

10
*158

•19%

5

common.

105

19%

_100

,

3,300

10%

67%

68

140

44'/4

10 V*

*10%

7%

/

105 %

*102

160

160

ioy8

14,200

105%

105

10%

10%
162

1,500

*43'%

44

*102

105

*102

105

*102

100

18Va

14%

43

26 Va

*25%

42%
105

*161%

*

700

1,000

26 V4

*26

26%

18 %

105 y2

*105

>

•;5'/4

181/4
15

97%

<•

100

8%

87/a

*37 y4

19%

100

com;

preferred—..
preferred..—..:

4,300

19%

20

•

Gen Tire & Rubber Co

400

5%
16 Va-

*16

161/4

*19%

No par

com

103

17

26
3

6

19

16% Mar

5

3% Jan

7

.8% Apr

23

11

5%

Feb

Apr

5% Feb

Aug

18

Oct

16% Jan

18

Feb

35

Oct

21% Apr 22
20% Mar
5

J

4

4

Grand

28 y2 Jan

7

Granite

Nov

31

May

24% Jan

13

89

Nov

99

Jun

93% Apr

26

97

Jan

25

14 y4

Sep

12 y4 Jan

11

16V4Apr

9

Mar

40

July

6

36

Apr

11

15% May
j

Jan

12

Feb

23

13

Jan

13

50% May
23 Vb Jun

Dec
Feb

32

36% Feb

24

43% Jan

7

16 Va Jan

3

18% Jan

10

Jan

29%

Feb

40%

Jun

13 y8

Dec

17% May

13 y8 Jan

4

14% Mar 29

10

Feb

13% May

103/a Jan

4

11% Apr

90%

Dec

98

Jun

93 y2 Jan

26

16 3/4

Nov

253/4 July

15% Feb

Feb'

M~ar

19

144% Mar
38% Jan

9
t'

Jun

5

Feb

97

July

92

8
24

97

Mar

20% Apr
64/4 Apr

,

14

4%%

6

Grumman

7,

Guantanamo

Jan

4

94

Feb

16

12%

Nov

20%

Jun

10 Vb Feb

24

14

Jan

7

Feb

58 3/4

Jun

45

Feb

15

50

Jan

8

57%

Feb

81

Jun

60% Feb

26

71% Jan

7

18% July

For footnotes

see

16% Jan

page 26.




3

20

Apr

16

1

$5

600

Oil

*16%
61%

62

16

*ioiy8

41%

14%
2
>

2

41%

103%

41%

103%

*103%

13%

13%

13%

2

8%

8%

2Va

8%

.

41%

41%
104

*1011/8

102

13%

2

2 Vb

8 Vb

8%

42 %

42

*103%

13%
2

7%

42%

41 Va

2,000

101%

200

423/s

3,500

42

13

2%

2

'

8

"

103%

13

13%
8 %

1,000

-621/4

104

*103%

104

12%

2%
8yB

10

161/4

61%
ioi y4

102

102

;

2

! /

7%

300

103%
13

2,000
f

2%

10,600

7%

7,700

'2,000

19%

20

20

20

20

201/4

20%

xl9 %

19%

191/2

19%

22%

22%

22%

22%

22%

22%

22%

22%

*22'%

23

22%

22%

1,000

21%

21 y4

21%

21

21

20%

21

20%

21%

22i/4

7,900

94 y4

94%

94 %

95

95

95

95

95 "

15%

15%

*14%

14%

14%

*34%

36

36

*34%

<

*94%

14%)

14%

14%

14%

14%

'

35%

*34%

35%

*34%

*35

36

221/4
*95

143/4
*34%

.

96

270

14%

700

36

12%

12%

12%

12%

121/4

121/4

12VV

121/4

12%

12%

12%

12%

1,200

37%

37%

38

38 '/4

37%

38

38

38%

38%

38%

373/4

38

3,500

*17 Va':

'
,

17%

w/b

17%

17%

17'/4

17%

17%

171/4

17 'A

171/4

17%

1341%

*133i/2

134%

1341%

*1341%

135V2

*134%

.

*64

136

134

70

*64

70

38

38

37%

37%

13%

13%

*13%

13%

*13%

11% "11%

No par

37%

11%

11%

11%

135

*134

135

70

*64

*64

70

*64

70

>■■64

38%

*37

38

37

1,200
■

37

40

70

38%
14

37%
*13%

-

1,900

14

13%.

13%

13%

13%

400

11%

11%

11%

11%

11%

18,100

97

97

18

18%

—

3

10

97

96%

96%

96%

18

18%

18%

18%

18%

18%

18%

18%

18%

6

5%

5%

5%

5%

5%

5%

5%

5%

*5%
*92

par

No pai

11%

*96
,

1

25

*96

11%

-18

100

Sugar common
;
preferred—.
No

Gulf 8tates Utilities Co

161/4
61 »/4

18,400

*93%

1

Aircraft, Corp

Corp

*101 Vb

16'/8

60%

8
108

*107

16 y2

16

*61%

101 %

108%

7%

8%

*107

61%

16

61%

8

8

108 %

*21

•

Gulf Mobile ft Ohio RR com.No par ;
$5 preferred
No par

Gulf

101%

16 Vb
-

7%
*107

19%

,

t

100

preferred

conv

16 VB

*61 %

101%

8%

5

5

Common.

2

44

;-<■

10

com...No par
100

(The)

;

*

104

*13%

par

Gt Northern Iron Ore Prop—No par
Gt Northern Ry 6% pfd
No par

Greenfield Tap ft Die Corp

7%
108 %

s

*103%

Grayson-Robinson Stores com—1
$2.25 conv pfd—_——
No par

Greyhound Corp

5 Va Mar

85

33 %

27

7%
*106%

16%

41%

par

—100;

^

3

77

Apr

Co common

preferred

*101 Vb

par

7%
108%

61%

61%

par

No par

Green Bay ft Western RR
Green (H L) Co Inc

Apr

134

City Steel

(W T)

3%%

:

3

Feb

60

Jun

Co (The):

Great Western Sugar
7% preferred

132

145%

Grant

Union

-

7%

107

*16

-

No par

com..

...

20% May

23

9 Vb Mar

.10

$5 preferred
No
Goodyear Tire & Rub com...No
$5 preferred
No
Gotham Hosiery
No
Graham-Paige Motors
Granby Consol M S & P

Feb

45% Jan

(B F)

107

*106%

7%

7%

1

100

Goodrich Co

104% Feb

Apr

Goebel Brewing Co.
Gold & Stock Telegraph Co
Goodall-Sanford Inc

Mar 24

5

12% May
2

•

11

Jan

15 %

Jan

'

•

6%

5%

57/a

♦16

16V4

6%

67/a

5%

5%

57/a

8%

•6%

6%

6%

*16

19%

Gillette Safety Razor com
$5 conv preference—

Jan

x40y4 Feb

14

8%

9

i;
•

16%

30

*19

7

76

Oct

Dec

6

*16

600

5,100

74

19 y4

*8

74% Feb

Oct

16

6%

5%

16 VB

123/a

19

*73'/4

74

26%

*71

5

50 Vb

36 Vb

6%

.6%
:'6""

:

*73'/4

2,000

19'/4

12%

12%
191/4

19

19%
74

74

48

27

..100

13

105%

xl2

57/a

12%

12%

19%
*'!.>

700

1,300

47%

47%

47

9%

9%

*26%

Georgia-Pac Plywood & Lumb Co.l

Jan

38% Mar

•29

12%

123/a

•-

27%

7

17% Jan

96% Mar
2%

*12

.

9%

110

9'/2
9»/2

10

97/a
91/4

.

'

Mar

Mar

15

4

11

12% Mar 23
24% Mar 28

19% Nov

46%

f

,

*26%

.

10c '

General

85%

46%

10%

*67

:

No par;

:

4

Jan

18%

Dec

46%

14%
v

*120% 123

22 y2 Apr

May

46 3/8

7%

—.100

...

27

25

46 J/4

*102

i

19 % Apr

39% May
96 Va Jun

91/4

42%

No par ;

General Shoe Corp_
,
;
1
Gen Steel Castings $6 pfd
No par
General Telephone Corp..____...20

28

122'; Jan 27

76

14%

preferred

5

4

Dec

9 Va

27%

___10c

Corp.

26 Vs Apr

Dec

24%

9%

-41 y8

Corp_,__No par

3

Feb

*233/8

67

1

25

Mar 14

98%

4

Co

22% Jan

Dec

48%

No par

Cement

Gen Realty & Utilities
General Refractories

21%

113

Advertising.

Utilities

Public

No par

114% Feb

17

24%

9Va

5 %.

8

19%

No par

Oct

87

*233/4

*26%

>

Jan

27%

170

400

24

27

'•V'

29% May
30% May

102%

92

24%

9 Vb

18 VB

68

138

-

31%

'•

*91
*24

9%

12%

140

92

24%

68

Par

series

Portland

81%

'

92

;

27

—10

Gen Railway Signal com..-

Dec

75

Outdoor

Gen

20 V4 Jan
123
Jan

10

24

*30 Va

5,600
11,500

V

*66

>

i

•'

•

preferred
$3.75

23

24 Va

92%

9 Va

'

STOCK

Corp com

Gen Precision Equip
Gen Public Service

3% Jan
14% May

17V4 May
2
121% Mar 16

Motors

General

16% Mar

10

General

Gen

22%

72%

YORK

132%

Feb-

*10

5,700
5

11

V2

*26% f 27%

*66

100

STOCKS

,

Preferred

2%

81%

v4; ;i5%

10%
22

■' 24

10 %

*26%

10%

*7%-

-

.

—100

—

,

56% Feb
123 Vb Jan

12%

24

12%

105

*10

1

*

■'

Jun

Feb

24%

1

400

16 %

10%
10%
*161%. 163

No par

share

Nov

-

*102

No par

EXCHANGE*

,

125%

16%

66

'

'

NEW

,

com

preferred

conv

Oct

119

*24

81

is

-

23

80

791%

•

11 »/4

13

*12%

*

Lowest

;

15%

10%
22 y4

200

8,800

37%

14%

100

common

preferred

3%%

.

Year 1948
.

Foods

Corp
$3.50 preferred
:

Range for Prevloua
Lowest

■15%

12%

"15%'

*17%

'

.43

50

General Instrument Corp

45 % Mar 31

108

24%

■

87/a

"

105 y4

.43

No par

3

128%

24-

79%

12%

'

280

24

15

"

10%

92

24

16 y8

...

26%

105 V4

General

39% Jan

Feb

'

:

( ■■■

8VB

37;

Jun

Feb '

921/4

67/a

*

6

*14V2

..

No par

41

40

-

General Electric Co_

34

97

92%
*23%

19%

f

6

19

25

118%

78

24%

74

5 VB

2

Jan

Oct

*78

15

14%

4.200

100 %

*99 y4

♦23%

22%

V 22

91%

19 Va

'18

No par

35% Feb

100

500
1,300

<

•24

23%
'

100%
24

16

io3/4

,

"

74

16 Vn

General Cigar Co Inc com
7% preferred

Jan

Dec

21%

19%

5 Vs.

:

100

May
Jun

10%

21%

73

.

18

.No par

2nd preferred

1.400
•

13%

24%

13

15%

15%

10%

21%

19

7

V;

6

*26%

5

preferred

conv

43

53

15%

■

13%

',24

14Ta

*12%

13

73

1

5

144

13%

16

14%

14%

*12%

12%

*12

123/a

12%

,

_No par

Nov

96

14%

19

18 y2v

■

par

common

313/4 Mar

Feb

?

5

General Bronze Corp

1,300

4aVa:

loay*
60

24

9

16%

100

Amer

General

11% Mar 31

■

48%
105 y4

13%

*99%
•

46

37%

50

Transportation
$4.25 pfd series A
No

44% July

Nov

14%

*9%

*11%:

I

com

380
600'

1,400

60

13 y4

24

24

10%

'

-

*17%

2

j.

7,700

13%68% 4

68'/a

4

200

500

1,600

16% 4

66%

*60

24 y«

23%

91%

*15%

1

No par

$4.50 preferred

82

Mar

13%

78

*37%

...No par

;

preferred—

conv

General

Sep

9

;i3y4

74

87/a>

General American Investors com—1

15

Nov

40%

23

60%

13%'

*13%

*59%

21%

-

*6%.
;

-15% May
106% Apr
46 y4 Jan

3

i.

28 Vb

87%

60%

'io3/4

453/4

*16

;

Gaylord Container Corp__——1.66%

72%

Mar

-

9Vb

*11%

'5

23% Jan

Feb

133

59%

23%

15%

,<•

10 Va

9 Va ':

50

(The)——,

-

4'/a %

26% 1

*i5y4.

•

.

>

100'/a

16

'

'•
;;

*•'

4'-,

4

26 y4

"

106%

99%

',>/>■ *24

5

;

Corp -(The),
Wpod Industries Inc

Gar

3

-

.

49%

*io5y4

23%

24%

:

133/4

32% Feb

9% Feb

Jan

48%

107%

100

*24

>73

3

10

Jun

48%

*105%

3»

-

4,600

lu% *

>100V4

68%

66%

48%

106%

'99%

24»/2

*9%

•

29

160

July

68

47%

*105%

*23%

79%

l

com

Garrett

Nov

/

67%

47%

"

•13%"

12%

215/a

45%

__20

preferred—.

conv

67%

4

>

15%

>.

'

102% Mar 23

May

9

Feb

42

Dec

14 y4

12

102% Mar 23

,106
May
11% July

Apr

10

.>

'

1
com
:

9% Jan

17% Apr
13 % Jan

Jun

9% Mar

(The)
(Robert)

preferred

41% Jan

15%

.

.

100

18

26% May

53% May

Jan

Co

67%

■v

16%

Vs •

*23%

92 Va

1

common-

preferred

6%

26%'

15%

*99% 100

*24

10

18

5 Va Mar 28

May

105%

Dec

100%

Freeport Sulphur Co

Apr

-.

13

Jun

27%

6

Gair Co Inc

15%

14%
.

103/4

.

i

1

6'

15%

23%

*91%

No par

Franklin Stores Corp

16% Feb

48% Aug
17% July

15 Vv

*24

6

17% Jan

26

15 %

23%

*78

"

Froedtert Grain & Malting Co Inc_l

18% Feb

84

17% Mar
68 %

15%

>

*16%'
■'

100%

*16%

60l/a

23%
*99 V4

•

13: ;

21%

—25

25

May

16s/a

13%;
■■

'

Feb

x38<

-

'

10%

7

;>

10

8% Feb

Oct

'13%

'

24-. V

100

*"12%-•

•'

.

100

9

47%

■26%
*99'.

-

♦16'%

-

106%'

*59%

.

13%

'24'

„

100

:

common

10

Feb

'-••59%

*13%-

Corp._10

16% May

9% May

;

..>99%
'•

__1

8% Aug
35% Feb

May

47%

26%«
100

•

16%

■:

67%

47%
105 V4

*

*

"

100

*16»/8

36

4

16%
4y»

1,800
28,800

iy»

13%

'

10

,•

:_i

3%% preferred
Foster-Wheeler Corp

26% Mar 17

67

--

r

25%

25%
100 y2

8,400

1
V
*

36
:

4%.

:

15%

.*

25%
100

-

'

2,100

23-/8 1
32

iy.

>16%

■■

37%

23 y4
'

13%

*35%

4y»

v

Shares

32

•

1

16%-

4 >•••.'

tha WMk

X37%

24

31%

13%

35%

16%
:>

4%

galM for

iv*ay 6 •
S per share

38

23%

■31%

13%

35%

16%

*37%

iy8

13 y.

35%
'

4%'

r

'

16

15%
—

'

47Va

*106%-106%

4

Food Fair Stores

19% Feb

47% '

25%

16

67%^ 67%

1

*16s/a

1

v.

13 %

*35%

4 %'**>'■

100

99%

Pollansbee
Food

78

'

36

11

25%

<•

^

11% May; 5 J

7

»

*

14%

29 % Jan

8

4ya-

:

iy8

13 y8

-17

17

i6%

'

-^>14%

29

Dec

H.

*•15% ,'16%. ^

'

13 %

*35V4

-.

■

•*

1

IV*

12%

-

v

•

;

28

Jun

IVb

.24%,

24

38% May
25% Jan

31%

*23%

8% Feb

92%

-

.1

k

14% Apr

105

24

31 %

99%

-

'*i6y«

4,

20% Apr

,

38

23%

31%

Florida Power Cwp—,..1%
Florsheim Shoe class A,——No par

ft

24% Jan

*98.

4Vn% preferred
100
Ftret National Stores———No par :
Firth (The) Carpet Oo-^—--JW par

Jan

40%

»■

V"

6

37%

25 V4

31%

W •25%?.t26-.«'-:^'
<•--

Fllntkote Co (The) common—No par
$4 preferred
No par
Florence Stove CO—No par

7

38 Va

23%

■>'-17 Va>,

*17

-

5

I

37%

31%

•

,^i?.n*>4%^ 4%--

—100

Ferro Enamel Corp—_

38® 8
25

315/a

*35%f-'36y44.

5

.

iy«

19

Friday

v

May 5
I per share

t per share

24%

*38'/a

.i..*12%~12%V"

2

J

May 4

Sper share

f;

<

•

24%

Thursday

Wednesday

-

May 3

t per share

.-32

1,- ■/*■> i%1

_

Tuesday

;

•: V

39
'

>>31%

«re lbs N. ¥.—.1$
Firestone -Tire ft Rubber com.—2S

61 y» Feb

•

4'
3

1

-

Ptdeitty

107%-Mar 17 '■

3

-May

■,

*28

,!i : 23%

■

23% May

Nov

24 y4" Dec

9%

'

Corp...—__

•■*%% preferred —_i_Fait ft Tarrant Mfg Co

17.%-jaa,

.

19

,13V4-May
23

5

■

...20

Federal MotorTruck-—Nopar
Federated Dept Stores com^i._-J
5:

"12% May
47% Jun

Dec

Mar

53

3

20% Jan

98% Jan

May

21% Jan

i

9% Mar

82 y4

100%-May

15%

-

i

79

.

6 '

-

Brewing

Monday/'
May 2

t per share

No par

Co.
^

\ Federal-Mogul Dorp

10

28% Jan

Ac

____

17 % Jan.-26

2

-

Morse

A R Liquidating Corp__i.—J
Pedders-Quigan Corp
Federal Mining & Smelting Go_

36% May

22%

V

-

,

Jun

xl04

12 % Dec
Dec

16 1"- May

Palstaff
F

38'/4 Jan 26

;

;,U6% Jan

24% Feb V9 1

105 y*-Apr

July

42%

-

Dec

27

r.s

-

3
lo:

Fairbanks

Fajardo Sugar Co

14% Jan " 8

95%-Mar 23

Sepri

59 V4

13
;

v

Jun

20% Au«

r

26

-

16 ys Mar

'

•

,v

Apr. 30
Par

3'

32% Apr 27
7%-Jan
7

9'

^ 4%-Mar 18

-107% Jua

28% Nov

Mar 23

-

Saturday

'

(2003)

AND HIGH SALE PRICES

LOW

STOCK

share

25 % May
.

YORK

'«* EXCHANGE

41% Jan .'7

i

.

-

14.%-Mar 25
2&% Jim*.
.69% 'Oat'.,: .-Q4 % Jan 31
44% Feb 25
53
Jun

■

■

15

,35% Jan
,<

24%

•

:

42-

Jun

.

28

1

99%

>

?

8

Feb

11%-Mar

12% May>
31% May

•

Feb

90

'

.

20 % May

-

*•

,19% Dec

»

19

23% Feb

Oct
NOV ?:

11% Jun
16;
Oct

t

Mar

£

**

$ per

36% Feb

Jun

33 y4

28%

;

Apr-

Highest

$ per share

t per share

Nov

xi9y» Nov
'20

NEW

'.Lowest

Highest

tper share

CHRONICLE

STOCKS

BtnielorFreTliai /•
Lowest

FINANCIAL

&

*92

95

*96

*92

97

"

95

*96

*92

95

*92

95

*53/4
*92

20

2,600
1,400

6

95

12%

12%

12%

12%

*12%

12%

13%

12%

13 y8

123/a

47

46 %

46V2

*46'A

471/4

*46V2

47%

47 V2

47V'2

*461/2 >

48

65%

65%

65

65%

65

65%

66%

66%

661/4

66%

65%

66

8,700

-19 lA

19%

19 Va

19 %

19%

19%

19%

19%

19%

19%

19%

19%

6.900

••'12%
*46 y4

.

„

95

97

!

12%
*

5,300
300

to

COMMERCIAL

THE

(2004)

Range Since Jan. 1
llighest

Year 1948

NEW

$ per

$ per share

share

Apr. 30

$ per share

Par

$

May
$ per

per share

■

Wednesday
May 4

$ per share

Monday'

Saturday

Monday, May

HIGH SALE PRICES

AND

LOW

STOCK

YORK

EXCHANGE

Lowest

Highest

f per share

CHRONICLE

STOCKS

Range for Previous
Lowest

FINANCIAL

&

$ per share

Tuesday

i

May 8

:

:>

share

Friday
May 6

Thursday
May 5
$ per share,,'

Sales

:ij;.

$ per share

tor

the Week
Shares

H
31

Feb

35%

15%

Nov

22V4

12%

Dec
Dec

12%

31

xl4% May

79

Mar

89

Feb

107

Jun

' Jah

33% Mar 30

3

13% Mar

Mar 29
Jari

6

106 Va Feb

2

23% Jan

13

Jun

146 '/a July

150 Va

Jan

142

4%

Dec
Dec

59

6%

79

Jan

Feb

Hanna

11

Oct

27 %

July

20% Jan

13

Jan

91

Jun

84

Jan

17

29 %

Dec

42 '

Jan

30

Jail

3

95%

Jan

May

98% Jan

14

22%

Nov

24%

Nov

23% Jan

4

28% Mar 30

34 Ve

Dec

35%

Oct

34% Jan

6

38% Apr 21.

13V<

Dec

13% Jaii

"4

41%

Dec

22% May
57% Apr

120%

Dec

8% Mar 14

6^8 Feb 25

9% Jan

3>

7

91% Feb

105%

105$

Refrac

100% Mar

46% Jan

18

127% Jan

27

1

32

% Apr

122

Jan

Nov

28% May

16% May

78

Oct

86%

Jun

79% Jan

9

Dec

14%

Jan

8% Abr

May

Dec

25 V4

Jan

15
May
12% Jan

15

12%

15

May

21%

Feb

29% May

20% May

24% Jan

18 %

24% Mar 10

27% Apr

34% Jan

2

41% Apr

Mar

Apr

Dec

102

Jan

Dec

18%

29%

Dec

27

81

3

29

29

3

108

4

Homestake
Hooker

Mar 28

Apr

30

99^

12%

Mar 30

46% Jan

30

11

32% Jan

Nov

34%

Jan

Oct

94%

Jun

28% Jah
86% Jah

Feb

6

$2.25

49

Oct

43% Mar 10

38%

Jun

29%

Feb

7

23

Jun

13

Apr

27

15

Jan

20

Howard

33

Jan

47

Jun

37% Apr

29

46%

Jan

20

Dec

5% Apr

8% Jan

5

Sep

8%

8%

Sep

34%

Jan

12%

Dec

14
9% Mai-14
•37% Apr 29

50

22% Jun

10%
2

Dec

12%

Sep

14% May
Nov

Dec

19
5

14%

28

111% Jan

7'

Hunt

11

;2% Jan

6

Hupp Corp

7 :

Hussman

Feb

May

Jan

14

2

Foods

__

15

99

99%

140

28 Va

1,600

*98-

99
28

28

28

'

*38
*14

43%

43?

,

-

38-%

1

14

42%

43%

*125%

31%

31%

119

119%

119%

18

>17 Va

17

17%
84%

*83%

30%

120

150

18

18

2,200

17%

17%

17%

3.100

*83%

84%

83!

9

\

a

8%

30

84%

9

(

8%

1,900

;

400

15

15

*14%

*14%

15

15

800

31

*119

18

17%

9%

I 9

127

31.

;

500

8,200

42 7/e

•

*125%

127

18

30%

i

*38

14%

127

20

14

38%

14%

200

92

*90 %

,

28

38%

119

*i4% 15
14%414%

15

99

42%

9%

9

9

9

__

15%

*14%

15%

400

21%

21%

*21%

21%

1.2C0

15

.

21%

20%

*9%

10

9%

9%

*9%

9%

*9%

10

'*18%

19

18Va

18%

13Va

18%

*18%

19

*18%

■;
19%

*24%

25%

19
18%
*24% ; 25%

400

24%

40%

41

*40%

40%

5,000

26%

26%

,26%

1,200

24%

*24%

25

24%

*40

40%

40%

40%

5

*24

24%

24Va

25Va

104%

104%

*104%

105

7

"96

96

*11%

*96%

89%

31%

31 %

*47%

48
33%
14

38

common—100

5%

37%

37%

38%

12%

4

•9%
12%

12 Va

9%

1

9 7a

9%
2

2

,

NO par

7

-

2V'a

97

*11%

32

*31

31%

100

32'/a

1,100

32%

93%

92

48%
35 Va
14

38

*9%

38%

;/>

Xl2%

9%
2 %%/

*9%

11V4

48 Va

34%
13%

39

5:%

2,600

34%

6,300

13%

1,200

39 %

38%

700

*5%

■

9 %■

•9%

*9%

9%

100

337a

38%

38%

3,300

i2Va

12%

11%

12

10

10

•

-

12%

8%
2%
11%

48%

34%

'38%

9%

2Va

6

'

*13

39

5%

39

11%

.

380

94

Va

*48

48%

J:34 Va

*13%

V

33%

5%

9%

"

31%

11

31%

38%

*11

11%.
32

31%

34

130

1,400

11%

*92%

48 Va

160

97

*

11%"

31%

38%

2

-

*96

92%

*13

300

104 %: 104%

90%

V 5%

*9%

11%.

%

:

...

,

31%

38

*5%

26 %

104

*96

11%

14

12 Va V.T2V4

9%

11

-

104

99 /

11%

31%
91 48 V2
34 :

'

104%

*31 Va

32

31'

4,1

300

10

*9%

.10

97

*9--

9Va

2

11%

*11

V

104%

99

38
•"')

12%

*9

104%

*13

38%

37 V4

—6.66%

j.
—

48

5%
-

2^%

*90"
48
33%

>33%

38 %

5%

>

---13%

*9 Va

No par

Refrigerator Co

*13

38

*5%

—100

;

;

:

40%

*25%

11% 411%

90'''

*13

41%
25 '/a

*31%

90,
47%
33%

*33

25

*9%

104%

32

31 Va

24%

40%

99

89%

15

21%

25%

11%

*31%

15

21%

21

25
^
.

98

11%

32

*31

_No par

f

11%

*31

par

t C—I—25

Car_

life

9%

200

*125%

127

-

84

35% -,,35%

23

,14%

Hiylsdri: Bay Mn & Srti Ltd—No'par

8% Feb
11

17%
*82 %

12.50

preferred-;

Motor

17%

83%

18
17Va

35%

14%

Hudson

7

18

91%

35%

14

30%
20%
118% 119%
18
18%
16%
17%
*83%
84%

li8% 118%

18 Va

22 Va

*90%

21 Va

7

14% Jan

30%

*30%

31%
120

22%

1,700

*22%

28

42%

42%

21

90%
36

*93

14

*125%

300

3,900

20%

14%

3

26

42 Va

127

7%
63a

7 Va

6%

6 "a

21'%

5

nbn-cUm

*125%

63%

21

21

*38

38%

14,.

Va
7%

1,700

4%

*G2%

63

22%

90%

28

*38

300

22

4%

21

*35%

'

99

27%

14Va '

42%

42%

36

*98

27%
39

17%

'

90%

98%

6Va

6%

143

r

*21%

4%

22%

22%

90%

*35%

*13%

1

127

9

*22%

36

*38%

7%

7%

*141

•:

22

21 V»

11% Mar

2

Apr
May
dun

40

1,300

22

.

20 Va

21

92

*82%

•

•

a

7%
6%

6 %

6%

22%

27%

*

7%

*7 %

21

4%

;21 Va

v

*13%

47% Jan

5%

14%

*30%

100

V

7%
6 Va
to 0 •V.-4

21%

k

Co

Corp

Hudson & Manhattan

Feb

9

105 %.

40

78%
105 %

>

'

Howe Sound Co

Stores

*62%

*35%
>
98%

98%

_1

Houston Oil Of Texas

63%

20%

27%

*17Va

30

3%% brfefetred
Hoiiston Light & Power

Dec

3%

500

12%

*77%

*105%

77%

10

II

,

Feb

*62%

6%

39

*118%
'

preferred-— I——50
Household Finance coih—„No par

14

63%

*90

*125%

couv

20%

•

',,400

5

II,

Houdaille-Hershey com—No

15

3214 Apr 11
95% Mar 14
48% May 4
35% Jan 12

6

-

13

1

& Sohs_j

Electrochemical

*62%

91

42 %

•

.2nd pfd series A $4.50 div.No par
$4.25 cuih preferred—III No par

May- 3

25

-

2,800

-*12%
12 %

13

18

5

preferred—
Mining

conv

65

36

*38%

par

C6_„

Holly Sugar Corp

2i%
4%

*21 Va

4%

<'7

20 Va

*13%

par

1—*

Thte

E)

FUrnace

*21%

4%

*22%

93%

5

Hollander (A)

5%

13

Jan

(C

Co

Holland

1

10% Ffeb

96
Jun

18

•

143

*141

21%

4%

22%

*'27%
'

Hilton Hotels Corp_l
i
5
Hiiide & Dauch Paper Co (new) —10
Hires

4
.'*J:

10% Jan 18
22% Jan 21

9 % May

Dec

He'rshey Chocolate comNo
$4 conv preference—j—I—No

7

Oct

11

100

,.—25
Herciiles 'Motors—I——No par

143

,21%

21%

*35%

10

—

9% Jan

Jun

99

———

*141

22 'V
*141
143

22

5

*89

"

—25

Heyden Chemical Cbrp———.
1
3 %%
cum preferred
—100

May

X24

20 Vs

*22

_,__100

Co commons

6

16 %

Feb

preferred-—

84 % May

30%

Jun

7%
6%

15

'i'V

22

22

*62%

€5

6%

3

Dec

42%

*105

a

4%

5%

*7%

3

Feb

35%

105!

,7

^

ioo

33%

*32%.

32%

'

22

22

22%

1
5

7

Dec

Nov

*62%

22

*141 V 143

143

2
^

21% Jan

9%

Nov

'

—

HeWitt-Robins

15%
29%

"12 %.

*21%

22

*5

:__100

:

Co

preferred

*21%

common—1

(G W) common.
noh-cum preferi-ed

7%

*141

10

common—

3.65%

21%

100

21% Jail 26

25

24%

J

——

15

20

—>__

Hercules Powder common,—-No par
5% preferred
—100

5

5

16% Apr

^_—

Glass

(H J)

Helme

4

i5

26% Mar

3%%

1

15 " ' Apr

com__No par

Marx

&

Mfg Corp

Heinz

Mar 30

116% Jtlh

Mar

*105

Hazel-Atlas

24

36

27% Jan

38

105%

Hecht Co

4

40% Mar 25

Apr

>

23 % Feb

123 % July

103

*105

Corp of

Hayes

22% Mar 14

Nov'

30

105 Va

—

78

17 7/a

*105

.

America
4 Va % preferred
Hayes Industries Inc

67% Mar 21

5

20%

30%

77%

Hat

19% Feb

Oct

*12%

76%

14

Jun

Mar

12 %

76%

5% Jan

Jan

17

12V4

76%

20

Jun

25%

12%

12%

*75

preferred

111/2

114

13

13

*12%

*12%

76%

Schaffner

122% Feb

18 Va
13

*12

0%

11%

Feb

18

13

*75

Hart

26 %

128 %

32%

18 Va

12%

4

Feb

103

33%

17%

76 %

19

Feb

*32%

17%

*12

149
Feb
24% Jan

7

13

33 Va

17%

18

*12%

13

*32%,

33%

*75

Harbison-Walk

Mar

6%
x20

*12 3 4

Va

17 Va

No par

com—

conv

3

Jan

18 Va

'

Va Apr 27

61

5

*31

33%

*17%

5

preferred————__>_100
(M A) Co $4.25 pfd—No par

Hamilton Watch Co

4%

*31%

'

4% Jan

Jun

25

Well

Cementing
Printing Co
'

(W F)

20% Jan

34'/4 May
8

7

Hall

13

27%

Dec

Oil

01

Feb

20%

Halliburton

4

Jan

1041/2 Apr
4
20 Va Mar 22

21%

"Water

7

24

11% Mar
73

Hackensack

19 % Jan

4

11

12

Jan

£101%

Jan

16% Feb

Oct

Sep
161/4 May

9%

'

,

»

-•

2 Va

*11

.

9%

700

2%

*11

4,300

11%

2%

2 Va

11%

•

11.100

200

•

Range for Previoua

STOCKS

Year 1948

Lowest

*per share

Highest
S per share

;

Range Since Jan: 1
Highest

i

$per share

per

NEW YORK-STOCK

Saturday

EXCHANGE

,

Lowest

.

Apr. 30

May ?

$ per share

$ per share

.

share

Apr

35% Jun

27% Mar

42% July

22% Feb

62%

90

77% Mar

Feb

x32

July

35

Apr 21

96

95

Sep

97% May

96

Jan

4

Jan

37% July

20% Feb

25

26 %

Aug

30

25% Jan

May

9%

Feb

12%

Jun

Nov

25 Va

Jun

7%

Nov
Dec

56

58%

Nov

150

Feb

76%
160

8% Jan

10

Industria

Electrica

4

41% Jan

7

Industrial

Rayon

De

67

Jan

■

Apr

25

Ingersoll-Rand common
6% preferred

No

165

41% Jan

8

Inland Steel Co

4

18% Jan

8

8% Feb

16

Inspiration Consol Copper—
Insuranshares Ctfs Inc

8

125%

Feb

26%
160

Dec

x34%

Oct

174%

Jun

15% Jan 26

11

93 % Apr

20

1% Mar 31

2Yb Jan

8

13% Jan

,11% Apr 29

Jun

Dec

3

30

86% Jan

Jan

3% May
16% May

Jan

X145%

Jan

5

•

165

23% Mar 23
164% Jan

3

May

Interlake

5

Int'l

Business

Int'l

Harvester

170% Jan

20

7%

Nov

23%

Fe.b

38% Jun

71

Dec

93

9%

3% Mar
24% Mar
135

Jan

42% Mar
86

5%

Jun

5% Feb

Iron..

61

14

—.20

14%

1

*8%

5

12%

13

100

*91%

92

1%

—No par

Machine-

11%

No par

*159

common—_No par

preferred

23%

—100/

166%

99

14

17

81%

Mar 11

3% Feb

26

4% Jan

10

21

31% Jan

7

Feb

8

45

Feb

7

53% Jan

7

International

Jan

5

99

May

4

May

52%

Jan

64

Jun

55

Apr

39%

Nov

45

Jan

41

Jan

43
30

Mar
Mar

143

5% Mar 23

Dec

Jan

Mar 26

7% Feb

8

5 '

44

Jan

27

International

Shoe_

57% Jan

13

InternationalSilver common—

32

34

Jan

Jan 27

Jun

8% Jan

11% Apr

8% Jan

.11% Apr

17% Mar

20% May

18% Feb

22% Mar

35%

24

29

39% May

Jun

20% Jan 20
Feb

29

•Jan

24 % Apr

4

11

29

32

•

' Jan

1:
21

1666%

14

13%

14

*8%
13
91%
'1%

11%
160

23%

166%

46%

96%

6%
66

'

*53%

6%

*95

*6%

preferred—:—v
Teleg
share ctfs_^
Interstate Dept Stores'
Iritertype Corp

159%
22%

11%

xl66%

167

*75

82

137% M

*136%

65

65%

55

55

48%

*32%

34

*33%

10

9%

10

*9%

10

9%

42

34

9%

No par

64%
*53%

10

48%
*33%
9%
*10

5,900

13

5,600

13 V»

13

13

.92

92

Jan

4%

Dec

145

May

10

May

144

Mar 30

3VaApr

12

18

Dec

23 %

Jun

13% Mar 11

79%

Dec

92 %

Jan

81

Jan

3

39%

Feb

48

May

44

Jan

24

1%

11%

11%
160 Va

160

23%
166%
6%
26%

23%
6%
26%

47%
96 %

11%
164

24 Va

165 %

27%
*76

v

>47%

6,200

82

4%

2.700

28 Va

15,500

137%

60

483%

46%

47%

13,900

96%

47%
*95

95 Va

95 Va

100

Va

2.200

6

6 Va

65

>:63 %

4%
28

55 Va

*55

42

49

49%

6V0

421/4

42%
46%

230

56%

200

42%

42%

1,800

49

49

*32%

65

49

1.100

*55

42%

49%

t

6

65

57

42

6

63%

557'h
■

28 Va

137 '/a

64%

6

620

"8

'

65
56'%

6%

•

11,500

*80

4%

138

137

47Va
96 »/a

*95

'

7Va

27

28'%

28

137

167

16,200

6%

83

4%

4%

1.700

24 Va

1G6

28;!4

28

5,500

165

24%

6%

27%

1,300

1%

11%

164

166

130

92%

11%

11%

6%

800

1,700

*1V4 /

24%

Va

6

3%
13%

*91%:

•

1%
165

24%

83

137

138

11%
162

166

166

*76

83

1%

8%
*12%

8Va

34

'

34

34

34

10%

10

10%

10%

IOVb

10%

10%

10%

18%

18%

*19 Va

28

*27

34

*22%'

10%

10%

200

'

19V2

19%

19%

27

*26%

27

27

27

24%

24%

25

25%

26%

Va

*27

26%

27

10%

33,700

10J/2

19%
28

27 Va

lOV'a

:

10%

2,500

19 Va

10%
-

*27

V

500
100

28

27%

27%

27%

99

May

2

$6

5% Jan

8

Jacobs

18% Jan

24

148

Feb

preferred

(F L)

1

Co—+—:

1

Jaeger Machine Co-

No par

,

142'%

*3%
*14

*142%

145

3%
14%

3%
*14

*142'%

145

3%

3 Vb

14%

*14

*142%

145

*142%

145

3%

3 Va

14%

14%

14%

*13%

83

83%

84

48%

49

3 Va

3 Va

*142 Va

145

89%

Oct

33%

Sep
Feb

95% Jan

Jun

20%

Feb

35

Dec

106

May

158

Jun

39%

Feb

93%

Nov

43 Vt

49 % May

5

Jewel Tea Co Inc

3

101% Apr 29
40% Jan
7

11Q% Feb 23

28

May

Feb

159% Feb

36

Jan

7

15

104% Apr

9

21

160

33/4%

4%

pfd„100

*82

83%

*82%

83%

83

J.

No par

*48

48%

*48 Va

48%

48% >48%

100

*101

com

preferred—-

-

1,500

Corp com
preferred-^——.—

No par

34%

34%

100

105%

105 %

Johnson & Johnson common—l12%
4% 2nd preferred series A
100

*103%

3 % %

Joliet & Chicago

Apr 26
33% Jan
7

77% Apr
Feb

22
7

40 Va Mar 16

Joy

9% May

Jun

4

12% Jan

8

Kalamazoo Stove &• Furniture"

12

99% Feb

9

36

86

Jan

3

102

*101

102

/

*101

<

102

101 Vs

/

RR stamped-—100

Jones & Laughlin
5 %

Steel com—No

preferred series A—

Manufacturing. Co_

par

100

1

34

34

104%

*155
29

33%
*104

34%

3 3'/a

103%

21

May

Nov

98

May

Kansas

98%

Dec

101%

Dec

23%

Feb

48%

Oct

48% Mar

60 %

94 Va Jan

100% Feb

11

3.80%

preferred

u

100

13%

Dec

18
May
26% July

3

14% Jan

7

Feb

17% Apr

21

21% Jan

8

Kelsey Hayes Wheel conv class A_l

15%

Dec

22 Va July

14% Feb

7

17 Vb Jan

7

For footnotes

see

Jun

52

Jan

11% May

page 26.




3

103% May 6
43 3/4 Apr 12
56

Jan

24

33 %

33%

8,100

105 Va

105 Vh

200

49%

49%

102

101

49

*33

33%

*104

105 Va

34%

29

*155

29%

29

79

79

79 %

79

79

36Va

36%

36%

36 Va

36%

10

10

10

10

•

33%
*104

34%

-

Class

33%

106

*104

*934

34%

?'•

107 %

101

30

29 Va

33%

33%

33%

*33%

*103,%

105%

*103%

104 Va

*103%

104%

166

*155

X26%

*155

27%

79%
37%

37%

10

9%

9%

166

26 V8

79%

'37

79%

700

166

33

79%

i:

■"

38 Vk

.

26%

10

12,600

79%

79%

38'/a

;

26%

27%

34

•

79%

290

38

38 Va

5,600

9%

9%

1,500

*96 Vz

98
103%

.

9 Va

9%

City Power & Lt Co—

20%

24

100
300

1,100

4.9%

;.

10

'4% cum preferred
100
Kansas City Southern com__No par
4% non-cum preferred
100
Kayser (Julius) & Co
_:
5

x34% Feb

1,400

Va

83%

*155

34%

*1031%. 104%
*155

29%

33

103%

100

K
Dec

r

83%

84

*101

3%
14

*13 Va

84

101 Va

—

"

Johns Manville

26% Apr 22

Apr

30%

Jersey Cent Pwr & Lt

27

102

Oct

83%

2

Apr

33
105

Oct

99

145
Jan
29% Mar

17

Mar

31% Jan

42% Jun
113%

85

145

3%

3%
14 V4
'

100 %

x89

8%

8%

8%

•

137%

11 Va

'■

;

34 %

12%

4%

6

66

*18%

165

34

13%

27%

*95

56%

19%

*159

13%

4%

6%

42

24%

165

13%

27%

96%

48

*26%

2,700

12%

4%

46%

47

41%

*19

—

27%

4%
28

47%

50c

61

1%

42

Nopar'

61

61

34%

92%

*45%

Nopar

2,100

34%

1%

No par

common

600

37 "4

£00 %

92%

25

42-

6%

37!%

*159

13%

26%

137%

67a

37 Va

34% f

92

26%

47%

61

12%

23%

3,800

7%

37%

165

92

1%

2,200

,

•"

24%

33%

13

IV4
11%
160

7,100

9

*8%

'24%

*67'a

92

26%
*75

60%
*159

200

%

30 %

30!-4

3%
25%

8%

37%

13%

25

7%

Foreign

*8%

26%

138%

—No par

International Telep &

Island Creek Coal

8%

26%

*95

60Va
34

V

25

7

7

37%

165

6%

83

24%
37

60%
*159

8%

25%

»

46%

No par

60%
165

8%
24%

7%

*7
37

6%

'

16%

23%

24%

7%
36%

a

•

8%

33%

*137%

of Cent Amer com„No par
preferred——._-—100
Salt

16% Jun

11%
161

3%

34%

15

International

Nov

1%

30

9
24%

33%

100

.9

Nov

8%

30

6%

*75

No par

17

8%

30%

4%

Feb

46% Apr

30 Va

23 %

6%

Int'l Rys

5%

30%

27%

Feb

-

23

30%

4%

61

98

*22Va

30%

27%

71

*96

23 %

*22%

*4%

com

98

*96

27%

Paper Co

80

23%

1

$4 preferred

*79

98

com—No par

5
21

8%

Nov

Corp

Canada

79%

6%

—100

Mining

3

x63% May

65% July
35
Mar

com

preferred

Int'l Nickel of

94

65

107%

4%

International
s

Chemical

&

Preferred

137

July

Dec

Minerals

73% Jan

Oct

Feb

Int'l

27% Apr

Jun

139% July
64% Jun

8

26%

791/2

14

,

11.300

32 '/a

26%

79%

*22%

*159

i200

26 %

32%

26%

79 %

*96

60%

4

32%

25 7

32 3 a

26%

80 I
23%

*7

33%

32%

32%

26%
98

36%

161

33%

Hydro-Electric'Sys class A__25

Jan

Shares

Sper share

32%

*22%

24%

7%
36%

*60

Int'l

29

-

25

*159

24

24% Mar 10

51/4 May
34 %

7% Jan

24

the Week

32%

*96

8%

'

5%

Sales

25%

32%

Vf 98

29%

-Nopar

RUbber

Intercontinental

7

v

share

*96

.9%

par

Corp common
preferred—r-—

7

28 % Jan

S per

*78

297a

—100

:

Interchemical
4 Va %

share

80

*22%

36%

No par

12% Apr

$ per

26

23%

*7
1

11

12% May

$ per share

for

Friday

May 5

May 6

Thursday

May I

26

98

25

par

25

3

-

PRICES

Wednesday

Tuesday
May3
•

SALE

*78

*22%

*9

Mex, S A

—

26

8"% May

156

6

Apr

Nov

21% May

103

30

6% May

23% May

Dec

5

Jan

Dec
Dec

Co

26%
80

29%

-

___•—_—-_No par

57

Feb

Feb

Co

Power

Illinois Terminal RR

*32%

32%

*78
*96

100

Indianapolis Power & Light—No

Mar

*32%
26

-

A—____1000

series

32% Apr

6%

1%

4%-it

ctfs

155

Feb

11%

26

common.100

pfd ser A—100

Jun

15%

86

30% May
5
10% Jan '7

Illinois

3

4

lines

Stock

RR

conv

Jun

Mar

13

Leased

4

21

20'

RR Co

non-cum

33% Mar

Jun

34%

47%

Jan

28% Jin

6%

Par

Co—

Illinois Central

4

8% May
21% Jan

15% Jan

38%

IdahO Power

7

30% Jan
7
84
Jan* 7

24%

20%

Jin

2

24

'•••>

-

1 Monday

HIGH

;

i
30%

LOW AND

B

1

*96

*102%
40%

52%
12
*18

14%

97%

1031%
41

*96

91V2

*96

97%

*96%

98

*96%

98

30

*102%

103%

*102%

1031%

*102%

103%

103%

103%

40%

40%

40%

40%

40%

41%

40 Va

41%

40%

41

4 000

531%

53%

53%

2,800

11%

1,000

IO31/4

52%

52%

52 Va

53

53%

12%

11%

11%

11%

11%

11%

11%

11%

18%

•18%

18%

*18%

18%

18%

18%

18%

18%

*18%

18%

300

14%

*14%

14%

*14 %

14%

*14%

14%

*14%

14 Va

14%

14%

500

52%
12%

521%
.*12

52%

COMMERCIAL

THE

Number 4801

169

Volume

Lowest

llifhest
$ per

$

per

'<

Feb

607/e

Oct

43% Apr

22

56% Jan

12

40 Va

Nov

51

Apr

39% Feb

8

46% Jan

7

Oct

.11 Va Feb

25

13% Jan

May
1043A July

18% Apr
93% Jan

28

22% Jan

Feb

16%

Dec

19

Feb

Oct

92
11 %

24

,

12

14

29'A

Nov

>

Dec-

89

Jan

Oct

62

Jun

48% Feb

39%

Febr

40%

Nov

49

43

Oct

98

Jan

4% Jan

50

3

5

44%

Sales

May 6

the Week

for

share

45

44'A

44%

44 Va

44%

44'A

44%

44

44'/a

14,400

41%

44%
*41 Ve

41

41

41%

41%

41%

41'/a

41%

42'/a

12'/a

*12%

12%

12'A

12'A

$ per

$ per share

share

12%

12 Va

12 "A

12'A

12%

12'/a

12 Va

■18%

18%

18%

18%

18%

19

18%

19Va

19

98'A

98'A

99%

98%

98'A

,

99'A

V

"98 Va

$ per

19

*98%

100

700
900

19

100%

19 Va

3,600
70

99

13%

13%

13%

"13

13 Va

j

65

65

66

66

"66

67

67

29%

29%

29%

30

30

30 VA

30%

30'A

30%

30%

97

96

96

95

95

95

95

96 Va

96%

96%

96 Va

140

38%

Kroger Co (The) —No par

18'

Friday

;

S per share

«

4

7
26

May

44 Va

41%

May 5

;

Shares

$ per share

$ per share

"41 Va

2nd preferred——100

conv

20

4
.,

Jan

Apr
55% Jan

14

.

Kinney 'G R) Co common
1
$5 prior preferred-..:.-.
-No par
Kqppers Co Inc common.:!
—10
4 '/a. preferred
-—i.*I
t
1100
Kresge ,(S S) Co
—10
Kress (S H) & Co__i_
-„No par

26

39

16>

47o

5

Apr

May
31% Jan

5'

x35% Feb

;(58% July

Feb

45%

Jan

91

/ 95% July

s

11

May
;

Land Co

County

Keystone Steel & Wire Co
No par
Kimberly.-Cldrk Corp com—No par

7

-

67

37%

;; Mar 18
3
29% Jan

•

14

75

Mar

32

*5

Jun

14%

Feb

63

100

Kern

Par

No par
5

Kennecott Copper—

Thursday

May 4

May 3

May 2

21

(2005)

LOW AND HIGH SALE PRICES
Wednesday
Tuesday

Monday

30

V Apr.

share

42'A
12%

Saturday

EXCHANGE

Highest

$ per share

share

STOCK

YORK

NEW

Range Since Jan. I

Year ltH*

$ per share

CHRONICLE

STOCKS

Range (or Previous
Lowest

FINANCIAL

&

99

•29%
"96

"13

13%

13 Va

"13

67

*65%

1

■

*30'A

13%

*12%
*64%

200

13%

67

67

(30

/x..

1,500

*

38%

38%

38

38%

38

38%

38%

38 Va

38%

,38%

38%

3,600

50%

51

50 Va

50 %

50%

51%

51

51%

51%

51%

X51%

51%

"48%

49

48%

49%

49%

49%

49%

50

49%

49%

X49%

49%

2,000
4,700

6VA

14,000

\

6% May

4%

Feb

4%
11

Dec

12

Apr

Dec

24

Mar

17% Jan

9%

Mar

14 % May

9% Feb

18

V

42

21%
10

1%

.

*■

43

4

Mar 21

22% Jan

.Apr 22

Lee

6

40% Jan

7

4%, July

2

.Feb.25

i6 % May

26'A July

Dec

May
Jan

.12

12

8% Jan

6

12

May

42% Feb

14

May
(26% Jim

8%. Feb

21

10% Apr 19
x24% Mar 30

16%

Feb :

43%

Dec

56%

Jun

Nov

10 %

Apr

31% Mar

38%:

Jan

Oct
Nov

20 Va Feb

47

7% Mar

53%

13
14

34% Feb

16

41

42

18%

preferred—No
pfcL——No

10% Jan

7

24

66% Jan

10

Link

Belt

28'A

55 '/a

40 ■:: Feb

8

46% Jan

22

Lion

Oil

21% May

5

22

Corp

—

200

44%

44%

44%

*44%

46

*45

47

10

24

24

24

*23'A

24

*23%

24

200

41%

41%

42

42

*42

43

300

18%

"18%

*18%

18%

*18%

18%

100

*96

97

*96

97

150

"43

-

8'/a

8VA

8'/a

8'A

38%

39'/a

39%

39%

x38'/a

5'/a

4TA

5'/a

4%

4%

7,800

2

2

2Ve

2

2

4,700

17

1,000

38 %

4%

4%

5

2

2Va

2

2%

16 Va

6%

"5%

46%
■:■

"9Va

23 Va

23

50 Va

51%

,7.%

15%

Dec

68'A

Dec

23%
.

Jun

77%

39%

39%

:.'8V4

:8Ve
59 Va

Jan

14% Feb 15

17

Jan

78

Jan

27

-May

-2

59

"58 Va

42%

13%

Jan

24%

Jun

16 Va Feb

14 '/a

Dec

20% May
68% Jun

14 Va Jan

3

Feb

62% Apr

21

Nov

30% July

19

May

18

Feb

\ 138

Nov

23

Nov

"25

Nov

Dec

50

«May

x33% Apr

20

Feb

35% May

2l

91

Dec

98% July

95

17

Nov

24% Jan

16% Feb

19% Jan

Sep
Jun

153

21

23

Jan

20

22% May

3

Jan

Jan

28

6

Mar

1

preferred.—ji-^_——£._100

Mar 23

24

24

Lowensteih

98% May
4
21% Mar 30

8

Jan

4%%

<

• ;

$ per share

''

*'

Highest

Highest

$ per share

$ per share

.•

Dec

40

129

Oct

142

Feb

13%

Dec

27%

30% Mar

131

Dec

10

Nov

15%

Feb

Jan

10

22 Vs

21%

22 Va

21%

22 %

22 Va

157 Va

"155%

156%

155 VA

27'A

27%

34%

34%:

34 Va

22 Va

22'A

22%

^.^100

"97 Va

98

98

98

——_10

"18%

19 V*

19

19 Va

'

'
"
STOCK.:

STOCKS

YORK

■

>'. * Par

'

6%

26
6

10% Jan

3

13

Jan

22

(R H) Co Inc com
4'A % pfd series A___
Madison
Square Garden

Apr

22

20

Jan

10

Magma

14

6

Va Apr

21

Dec

10

Apr

22

525

Apr

450

Feb

25

10%

Sep

6% Feb

6

19% Jan

24

500

Jan

3

7% Jan

20

Manati' Sugar

8% Jan

12

Mandel

10
:.
I
50

i
*

Co

Dec

13%

Jun

Dec

26

Jan

14%

Jun

6% Feb

10

10% Apr

29

Maracaibo

Oil Exploration—

25 % May

19 Va Jan

25

21 Va Jan

10

Marathon

Corp

6% Jan

13

7% Apr

21

Marine

16% Mar 18

17% Jan

20

Market

19 Va

24

18% Mar
6 '/a

Dec

15

Feb

22%

8

Dec

92%

17% Sep
29% May
103 % Jun

Dec

9%

May

Nov

22%

,

16

Mar 25

Apr

Apr

21

29

95 Va Jan

5

9% Feb

7

Apr

Mar

18

7

Jan

7

Ry

11%

Dec

13% Jan

Mai'iin-irany

47%

Feb

69% July

42% Apr 22

57% Jan

Masonite

18

Dec

27% May

13

19% Jan

Master

27%

19%

Jan

Feb

45

Oct

Nov

X165

176

Jan

10Va Feb
Feb

34% Mar 23
170

Feb

35% Mar

r

47%

Apr

38 Va Feb

84% Mar

•

93

Jun

89

84

Feb

93

Jun

89

77% Aug
8% Dec

85

Jan

80

33

12'/a May

Dec

110

Apr

11

21'

15

7%

Dec

25

Feb

88

Jan

29

Apr
Jan

5

35 Va Jan

112

11

Mar 31

$6 • 1st

10

McCall

30% Mar 23

33 % Feb

17

90

97% Mar

McCrory
3Va%

41

v

Dec

29

%

Dec

Jan

May

4

9

36% Mar 30

McGraw Electric

34

McGraw-Hill

21

52% May

41% Jan

3
4

34% Mar 10

Jan

35% May
98'/a Jun

30% Jan

87

3

97

18%

Feb

24'/a

Jun

19% Feb

11

22% Mar 30

15%

Dec

24%

Jan

15% Apr

21

17% Mar 11

15

Dec

23 Va

May

80'A Mar

96 Va

Jun

31%

Dec

46 Va May

20 Va

Dec

25

Jun

11 Va

Dec

Dec

12%

Jan

62% May
18'/a Jun

8%

4'

34

Jan

12

4%

3

22% Apr
13% Jail

28

Melville

Shoe

Mengel

Co

49

Jan

22

14% Jan

20

x30

May
20% Jan
8% Apr

41

May

13

Apr
Jan

Jun

90

Jun

20

106%

44%

Feb

13

Jun
Dec

5

20
7% Mar 21'

27%

104% May

29'

Apr

95%

Nov

25

Apr

28
3:

29

34% Apr

16

97 Va Jan

3

106% Jan

8

20

Merch

&

Min

20

Merck

&

Co

92% Jan

19

23% Jan
38% Jan
102

20

26

Mar 14

24

Feb
Mar

!

40 Va Feb

47% Jan

51%

41

Jan

49% Mar 30

23

38'A
35

19% May
69% May

May

23

Deo

128

Dec

140

Jun

130

Nov

16

May

11

Feb

9 Va Mar

14

Nov

56%

July
Apr

43% Feb

Nov

98

May

87

54 Va Mar

78

May

66% Jan

98%

Oct

10% Mar
—

105'A

Jun

18% July

23

8Va Mar 23

42 Va

87

104

Mar

Jan

10% May

8
7

For footnotes

■

see

8%

12% Jan
12

Jan

25
12

10

52

May

7

93

Apr

77

Mar 11

21
4

2

5

12

105% Mar 16
14% Jan

15




80

Feb

19

Mar 31

24

Steel

Prod

25

St

3.20%

P

SS

&

Minn

$4

conv

Min

&

par

pfd_100
100
5

—5

w

Marie

Regul

pfd

16 VA
16
74
31%
22%

9Va

9Va
"40

43
13%

*7%

•

% 100

"109
11%

-100

25

12>A
*8'A
50 Va
72'/a

<

7%
*16 Va

9TA

9%

21
*7 VA
*16 '/a

16%

100

20

20 VA

100

*100'/a

7%
16%
20%

■

2,500
700

IOTA

15

10'A

15'/a

1,800

10

10 Va

8,600

*450

470

6%

7%

67A

/*7'A

12,600

9'A

X20TA

20 7A

1,000

7%

3,500

7'A

16%

20%

200

7TA

9VA

*16%

280

17

20'/a

20'A
*100%

102

1,000

17

*16'/a

17

30

490

6%

7%

20'A

10.600

100'/a

*10%

7'A
16%

*100'/a

102

10%
30%

30%

97/a
2 l'A

•.

400
500

140

*99

*20%

21'A

11%
31%

11%
"31V2

4,700
20

102

9TA

10'/a

9%

10 Va

9%

9TA

4,200

12'A

12'A

12'A

12'/a

12%

12%

12'/a

12%

800

43%

43%

43 Va

45

45'A

45'/a

->45%

*13'/a

13'A

13'/a

13 VA

13

13

13'/a

13 Vb

600

37 TA

37%

37%

3,000

10

9%

36%

*171%

37%

37%

171%

171%

*171%

37

37%

.

173

*171%

172

46

,

1,900

10

172

39

38%

38%

38%

39'A

39%

33'A

39%

2,300

*91%

92 VA

92 Va

93

*92'/a

93'/a

*92%

93 Va

92'/a

93%

60

93%

*92'/a

93%

*92%

93'A

*92%

82 '/a

*82'/a

83'%

38%

V

.

7%

.■

8

7%

*31 VA

33

33

*31%

112

110'/a

110%

*110'A

22

22

21%

21%

21%

22

31%.

31%

31%

82

"31

33

*31 Va

29

«7TA

8

*110%

110%

*110'/a

'A

21%

93'A
82

100

8

*7%

8

600

33

*31'/a

33

82%

110%

82

*110'A

20

110%

8

20%
35

100
109%
HVb

32

32

32%

32'A

31%

31%

97

*96

97 Va

97%

97

97

32

32

32

32

32

32

32'A

32'A

?2

32'A

31%

31%

31%

31%

54%

55'A

31%

*31%

31%

53%

53%

54 »/4

54'A

32%

32 VA

32%

32%

32%

93

92 VA

92'A

*89%

20

*31%

*89%

*104

*10%

*20 VA

20%

20 Va

16%

*15%

15%

; • /15

Va

15%

*15%

15%

73%

73%

*72%

73 '/a

*71%

73

*71%

31'A

31'A

31%

31%

x30

30%

*30'A

22%

22%

22%

22%

22%

22%

-

9Va

9'A

9'A

9VA

9'/a

9'A
42%

*40

43

*40%

42

13'A

*13

14

13'A

13
8

7%

7%

*7%

8

*7%

27'A

27%

27%

28

15%

35%

*15%

15%

73

'•71%

73

32

*30%

9%

*7%

28%

28 VA

28%

91%

91'A

91'A

*91 VA

20

20 VA

20'A

20%

20'A

35

35

35

/

35 Va

100

100

109

35

100'A

100

109%

109

ll'/a

11

44%

12'A

J/4

8%

*8VA

50%

50%

94

*92

7 2'A

72'A

104%

104%

*70

72

*17%

18

17%

12

-

28%
*91'A

92

8

28%
92

20'A

20%

20%

35'/4

35

35

100'

*100

100%

109%

*109

70
400

200

5,600
100

2,800
900
270

109%

10

10%

10%

3,600

45'A

45'A

45%

45%

45%

43%

44%

5,500
700

44%
132

12%

*8'A

8%

50'A

50%
94

72%

73

104%

*132

*12
/ 8%

50%
*92

73'A
104%

10%

10%

10%

70'A

70 VA

*70 >A

*17%

4,400

13 VA

10%

71

17%

10

42%

10%

*92 VA

104%

1,800

10%

11

10%
71

132

*109

28%

20

300

22%

13'A

*7%

8

500

1,700

10%

23

133

*132

100

109%

9%

32

v

11

*109
"

ll'/a

100'A

22%

•

*41%

13 VA

*91

34%

*34%
100

*109

91/2
41

13'A

20'4

20%

12

*16

41

VA

16'/a

16

22%

200
900

20'/a

20%

16

91%

*91

44%

104%
10%

2,100

93

20%

44%

72 Va

1,600

33'/a

*15%

44%

8%
50VA

55

33'/a

16'A

44%

94

55

93

/

44'A

12VA

55'A
95

16

42 Va

600

33 Va

20

*13

70

1,600

32

*31%

33%
*90

17

22%

2,400

55'A

95

19%

44%
133

33 Va

31%
*96

*16'A

19%

800

22

*21%

22

*96

96%

*96

*

*92

No par

1

44%

*132
-

7%
16%

9%

7%

45 VA

45

K
>*"

3,
100

A

——_A„——No par

preferred

*20
*34Va

i

No par

com

series

1st preferred

$1.50: 2nd

*31'A
22%

_100

Minneapolfs-Moline Go common
$5.50

"16%
*15.%
*72%

10

com^___No par

Mfg common

preferred

32%

*13Vb

Minneap & St Louis Ry___—-No par
Minn

54 VA

91%

preferred——

Minn-Honeywell

.

32%

—5

^

1st

"53 VA

"90%

Co—

New

3

31%

27%

Petroleum

Mid-Continent
Midland

32 VA

31%

27%

Copper

4

69% Mar 28'

page 26.

Miami

"31 VA

1
50

Metropolitan Edison 3.90%
4.35% preferred series

May

16% Feb

mmmm

Machine

Mesta

22%
31%
96%

"96

•

*7VA

21'/A

;
]

Shares

r

"31%
.

6%

7

*16%

7'A

7%

"22
1

470

7%
10

21%

37 Vs

173

*6TA

10

1QVA
470

16%

7%
9%

12%

*171%

470

7

*16

■

10

10%
470

7%

20

Scott-il.No

15

82%

.-No par
&

15

*92%

;_50c

preferred

15Va

83%

93

No par

15

93%

'■

3%

Co

15%

*92%

K

—10

new

com

Merritt-Chapman

139% Mar

Jan

11

14% Jan

$3.50

Transp
Inc

IOTA

*82

"19%

Inc

10%

83%

8
"31
32%
"110% 112

1

Co

10%

93%

"89V2

(The) common
preferred

Stores

10%

10 Va

*36%

37

>'

.

1st

conv

Apr

8% Jan
29 Va

110% Feb

10% May

5 7o

100

13 Va

•

Corp

10 VA

44

"7%

No par
—100
—50

pfd (1st series)
2nd pfd (2nd series)

100%

y

,

10%

11

30%

19'/a

13%

1

4% %

Mercantile

12 VA

No par

:

Co_.

McQuay Norris Mfg Co
Mead Corp common—

13

Feb
Dec

preferred

McLellan-Stores

1,200

Sales for

*i37

100 V2

*16'/a

9%

IOTA

11%
31%
140

30'/a

16%

43%

No par

Mines——5

.

7%

*12

31%
*137

*99%

19%

*99 %

10

*11%

11%
31 %

140

30'A

16%

101

*-n%
*137

1%

10'A

!

the Week

S per share

share

100%

-

13VA

Robbins;Inc com—18

15

Nov

Nov

&

Jan

17%
92

Porcupine

McKesson

$4

l

Co_.

Mclntyre

17 Va Jan

85%
35%

4
19

82

27

101%

Jan

14% Mar 21

50% M&y

Nov

55% May

•;

100

Publishing

73% Apr

19% May

47

92'A May

$ per

30 V8

21 'A

7'A

*11'A

ll'/a

;

80

May H

*99%

"82

—1

Stores Corp com
preferred

24

Apr

'

conv

29

"

Friday

30%

"92 V4

v.

No par

Feb

19'A

Thursday
,;t> May 5

$ per share

140

19%

"171% 173
"38%
38TA
"91%
92%

No par

Corp

24

98%

'

„

PRICES

Wednesday
May 4

?1%

•>1%

7%
10

21
::

11 VA

*6%

44 VA

37

No par
No par

preference

31% Apr

*19

*440

"13Va

f

—No par

-Vi'

Jan

Jan

pfd

cum

19%

15

12 Va
"43%

.

—100
common———5
No par

Stores

Maytag Co common*
$3
preferred

25

31

1

$3.40

31

"99'A

No par

$3.75 cum pfd 1947 series—No par

19% Mar 22

42%

l_—

83

36 Va May

Nov

_l__——No par

93% Mar 29
7

i

10

11

9% Jan

•

1

—

Co__u—

preferred

Jan

23% Mar

19%

23

110

Jun

19%

Jan

Jan

101%

7'A
17

Feb

7% Apr.

19 TA

10%

16%

9%

21

7VA
"16%

$3.75 preferred

16
26

41 %

Corp

cum

20

7

*16

10Vs

9%

"20%

94 % Mar 22

% Mar 28

20

10 VA

*7%

8

•

Chemical .Corp—No par

Dept

22%

22%

19%

23

*99%

470

*6%

.

16%

"16

.

41% Mar 21

May

6%

1

4

..

21

Co

Corp

Mathieson

Feb

y

*98

xy
%
30 Va

100%
10%

10%
*440

470

67a
"7%

i.__100

;_L2

L)

Electric

2,400
1,800

98%

'15

15

10%

"440

No par

Co.com

*99%
*10%

15

10%

.

16''

Jan

Jan

43%
112

42

173% Mar 14

15

—5

preferred
(Glenn

1,100

34%

22%

*137

ll'/a

6.25

&

27%

34

■

*97'A

$ per share

30%

Corp.————_5
6% prior pfd—100

Field

4 V4 %

Martin

Apr

;—-

Shirt

St

27%

28'A

34%

22%

u

10%

Midland

Marshall

103% Feb
12

Bros.

Manhattan

200

98%

31%,

30 Va

1
—Nopar

Feb

.

22%
156%

19%

140 vi

11 Va

—

5%

12

*31%
*135

140

10%

No par

—

*11%
>

"30Va
30%
"99% 100%
"10%. 10%

-

No par
—100

CO" (The)
Coal RR Co

Mahoning

22'A

*155%

22-)a

$ per share

ll'/a
31V2

"135

5

i

—.-.

Copper

Magna vox i

12

Inc

Mack.Trucks

Macy

15%

7

7

100% Apr

..

11 Va
31 Va

100

preferred

6%

Apr
15% Jan

10

'*

10

com

33% Jan

Feb

Nov

138

22%

98%

Tuesday
May 3

'r

1,400

156%

22%

LOW AND HIGH SALE

'

19%

1,800
8,100

98%

May 2

25,200

18'A
64 Va

19'A

;:

Forbes

&

MacAndrews

18
*64

22 %

Monday

S per share

■::

*34

>

"97 Va

>

Saturday
Apr. 30

•

'1

Working Co—'——5

M & M Wood

9

22 >A
156

28

34'A

A___

19'/a

9,400

19%

19%

64'A

19%

100

74

*69

20%
18'A

28'A

26%

34%

i

3

18'/a
64

155 »/a

26%

3

Dec

9%
490

14 Va Mar

20'A

22 V*

156 Va

34%

$ per share

36% Jan

1,000

75%

19%

"19

19%

19

"26%

29

lQ'/a May

24"% May

xl6%

30

1,800

14%

'

34'A

30V8 Apr
95 Va Jan

Jun

39% May
103% Jun

94%

3

31 Va Apr

Jan

21%

14%

18%
64

157%
26%

r;y„ M
11% May

Xj5%

21%

14%

20%

33%
"22 %

EXCHANGE

;

63 Va

*26%

& Sons Inc com—1

serits

NEW

Range Since Jan. 1
Lowest

(M)

Lumens Steel Co

1

Year 194K

Lowest

17%

if-V

^..50

Nashville.:.

pfd

Range for Prevlons
•*

18%

19%

18%

No par

Gas & ElecCo (Ky)

1,300

*68%

15%:

19'A.

22

58%

22

>

1,700

"14%

19'A

"156.

58%

8%
55%

14%

"68%

19%

Jan

14s

■"

600

8%

7,800

40'A

8%
•

14%

"68%

19

18%

18%

210

40'A

V 8'A

40

59%

8 Va

73

14%

70

1,000

21,400

21%

y

14%

19%

>

40

<

36%

"36'A

44

18

&

39%

42%

64

Loiisville

172'/a

42%

17%

Louisville

172

59%

"63%

5

171'A

.

8'A

17%

11,

171'A

171

42%

14%

70

4,500

79%

59 V

63%

41% Jan

,/ 79

8%

17%

28 % May

>79%

58 Va

8

63'A

4

-36%

78%

*39

39 %

17%

28i

7 7/a

36%

171

63 %

7 7c

-x-7%

79 VA

58%

i

14%

15

18%

-—1—1

1,300

1%

7%

7%
36'A

78%

■

172

17%

Inc

500

*3,500

7%
■;

78 Va

63 »A

2

158

15

Star.

r

36 VA

7%
37 "■

_i—No par

Lone

52

52

Cement Corp.No par
Long Bell Lumber (Md) A—No par
Lorillard (P). Co common——10

Loew's

4

67%
i

Lockheed "Aircraft Corp.-

5.

18% May

3

23% Jan

37

21%
158 "

22% Apr

5.

23%

51%

23%

51%

38%

42%

42%

"70% ' 74

■

23%

23%

r_

LiqUid Carbonic Corp coml—No par
3% %
conv preferred-—-—_100

7

70

3,200

51'A

Va

"171

8»A

8 Va

:y

60

42%

i-

100

46%
10 Va

23%

78%

172%

"39'A

"36

78%

172%

par

5%

9%

>>

51'A

—No par

r

5%
46%

10'A

23 v«

7%

7%

77%

77%
"38%

.——No par

Co.—_T

New

5

Jun

415

57%
xl8

May

6%
46TA

51%

'

Feb

*5TA
*9%

/

'9% ■no.•'■/

23 V*

51'A

36%

...

36

"171% 172%

1

*16%

16%

3,400

46'A

6'A
46 VA

46

39

'

36

(

*5%

"23

35%

7%

;7%

•

6'A

16TA

16%

16 VA

46%
"9% A 9%

23

51

16 Va

"46 Va

.

9%

10

/; 2

16%

6%

46%

5

"5%

16%

16%

8,300

VA

8

8'A
38%

46%

8'A

8

38%

8 Va

8 Va

,

97

*96

96

4%

i

42

18%

18%

18%

96

:

23 Va

——*—5:
iNo

10'A

38%

"50%

—No par

.1

Co

*10%

4%

"23%

"9%

Corp.——No par

Lima-Hamilton

24

Feb

10

8Va

"5%

Lily Tulip Cup Corp.—'

Feb

10

4%

*46

1

8

8

10'/a

38%

16%

par

...

58

1,500

10'/a

8 Va

.

Jun

300

22'/a

4 Va

par

(The)

4%

22'A

38%

1

2nd

*4'A

22

4%

"41%

96

96

»'2- -V ■-2":

VA

6

6%

21'/a

4TA

4TA

41%

"18%

96 Va

Stores

70 % May

.

"41'A

100
10
25
50

6%

21

10%

"10

44 Va

-23%

"95%

Corp

55% Mar

Va

Va

20 TA

5

20%

23%

"43

23%.

"18'A

-

Libbey OWeria Ford trlass— No par
Libby McNeill7 & Libby—7
Life Savers,. Corp—A
^——5 (
Liggett & Myers Tobacco com.—25
preferred
±_'
100

1

22

Apr

44

"23%

1

\

175% Apr

72% Apr

"4?

—5

Tire—

non-cum

Lerner

Apr 18

Feb

10

10%

Lehn & Fink Products—r——A..—5

8% Mar 30

3

37% Apr
88% Jan

170

May

:.13%

4

34% Jan

Jan

91

25.

44% Jah

174% Mar

Nov

50c

"9%

& Sons Co com—-—3

&

(James)

Lehman

10 Va

"41 >A

$3 non-cum 1st

47% Jan 22

20%

"9%

1

Lehigh Valley Coal com——

24% Jan

4

5% May

8

,

-

_

cumulative preferred
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
Lehigh Valley RR

10

Jan

3

I

Co_

3.85%

23

"4%
20%

6

20%

"4%

5

5

21

6%

6%

6%

6%

"4%
"20%

No par
_50

common..

preferred

Rubber

Lees

24

5% Jan

8%

20

6*

31

10% May

8%

Jan

18

Bryant

4 Va %

6%

6%

6%

Light Co
4
pfd,__75 Pesos Mex
^-No par

6%

Co-AThe)*..

Lane-Wells

Mar 15

56

33

19

4

Feb

Mar

Lane

24

8

Jan

82

44% Jan
26% Jan

37

5%

157

7

Dec

41%

8

26

24

13'A May

Jan

19% Mar

11% Jan

96% Apr
11% Jan

39

4% Mar
-

Lambert

Feb

90% Jan

Gas

Consolid

La

6

8% Jun

Feb

30% Mar

,

21

Jan

37

May
26% May
99
Jun

Dec

Jan

21

47

Dec

90

;•

'6

22% May

43

53% May
29% May

Oct;

257/B Aug
35
Mar

Laclede

6% Mar 29

4

4% Mar 29

18

17%

23

23

23

'

23

23

500

*132%

133 Va

132%

132%

30

12 VA

12'/a

12%

12'A

12'A

1,100

8%

*8%

8%

8 Va

8'/a

300

133%

51

5 l'A

52

94

92%

92 '/a

74

76

76

104%

*104%

105%

5 l'A

*92%
75

*105'A

5 l'A

94
75 V2

106

1,300
10

1,700
80

11 VA

11%

11%

11

11%

5,600

72

71

71'A

71%

71%

220

18 '/a

18

18

500

17%

*17%

.

22

(2006)

THE

Range for Previous
Year 1948

,

Lowest

$ per share

423/«

73 %

Highest

I per share

Jun

42%

9% July

13.% Feb

34

Feb

X33 V*

Dec

44

Feb

15%

Jun

Dec

24

9%

Dec

10

8

Feb

11

10

Oct

Jan

8

Mojud

5

Apr

Monarch

$4

Jan

3

11% May 4
59% Mar 29

10% Jan

3

13% Apr

52

20% May

27

Jan

Jan

21%

Dec

10% Feb

11

20% Jan

20

29% May

19% Apr

19

25 % Jan

7

19

Deo

23

May

18

15%

Dec

.24

Jun

10

16%

Dec

14%

Oct

112

12% Sep

17

10

Jan

May

Jan

11% Feb

Morrell

112% Mar 17
13% Jan

6

13

34

Dec

43

Jun

32%, Mar 18

50

34% Jan

Dec

55%

Jan

48

51

Mar 18

Jan

4%

8

8%

9'/a

9

41/8

V 4V'8

4%

4'/4

20%

213/8

213/8

22'/4

221/a

223/4

29

281/4

28%

211/4

21%
29

10

10

23%

23

51

*28

,

10

29

10

23

.

'

*

49

*281/4

>

*9%

49 Vb

10

231/4

10

;

23

50 % j 50%

108

*105

110

*109

231/4

11%

531/4
11%

53%

53'/a

,51 y4

107

*109

*11%

::

511/4

*105

Ill

11%

11%

23

50 3/4

V

,107:, ■:

.

*11%

J

for

the Week

*

491/4

Shares

share
49%

3,500

9%

49

18,700

10

10

•

9'/4

93/4
4%

4%

4%>

-

213/4

22

28'A

A

111

23%

1

-9%

(

•

*23y,

i

52

52%

52%

*106

500

*109

:

/

1.300

X

23'/2
521/2

600

•

.

IO81/4

*108%

112

1103/4

14,200

9%'-:

;

x52

•

«

XIO61/4

1063/4

1063A
*109

4,300

1093/4'

1103/4

200

'

100

1

'

Hi/4

11%

ll'/4

11%

53%

11%

23%

-

2,800

281/4

'

110

5

48'/2

t per

•

*105

&

52%

53%

53,

53%

11% -11%

-

113/8

11%

541/4

53%

54

54

•

1,500

\> 10,700

•'

11%

12

12%

12

121/8

121/4

*12

12 y4

*21

21%

213/8

20%

21

20%

20%

*20%

213/e

*20%

21%

600

*17%

17%

17%

17%

17%

17%

No par

Co

17 1/4

173/8

17%

17%

17%

17'/2

2,600

*■19%

20%

*19%

20%

20y4

201/4

20'/4

201/4

201/4

201/4

193/4

193/4

18 Va

18'/a

18%

181/2

18%

13%

131/4

14

No par

5

*18

~~_i
_Il

;

Mfg Corp
Munsingwear Inc
5
Murphy Co. (G C) common I
1
4%% preferred
_100
Murray Corp of America com
10

7

83/4

4'/a

*28

No par

Mullins

25

48%

8%

29

_5

Inc

8

Jan

47%

8%
4'/4

28%

'y*. si.

Sales

May 6
';•'.

j

(John)

Motorola

7

11

11

Co_

Friday

May 5
$ per share

47%

21%

,

Thursday
"

$ per share

$per share

83/a

21

No par
No par

Products Corp
Motor Wheel Corp
Mueller Brass Co

42% Jan

5

A

Utilities

17% Jan

3

Jan

Co

PRICE*

Wednesday
May 4

4%

,

!" 9%

/■'■

No par
com..
5

preferred sferies
preferred series B

14% Jan

17

110

Tool

Chemical

*46%

HIGH BALK

May 3

41/4

(

,*28
1.25

AND

8%

4 Vt

Inc

Motor

19% Mar 30

Feb 25

38% Feb

Jun

45

23

3

13
May
4
10% Apr 21

Oct

33% Feb
107% Jan

Monday, May 9, 1949

Tuesday
■

-,

$ per share

47

8%

A„„___100

Montgomery Ward & Co
Moore-McCormack Lines

7

11% Jan

47

'

Montana-Dakota

6

20% Jan

13% Nov

10

_"_5

♦3.25

13

8 per share

Mills
Co

Machine

Monsanto

111% Mar 29

May 2

No par

com

series

Hosiery

111% Jan

4

May
17% May

Nov

preferred
Mohawk Carpet

20
.

RR

7%

55% Mar 30

4

Feb

65

Dec

20

45% Jan
107

10%

47% Mar

4

103

Jan

117/b Jan

Par

♦

Corp
Development Co

Mission

Mo-Kan-Texas

21 % Jan

Apr

Mission

7

25% Mar 30

25

May

112%

6

5

Jan

LOW

Monday

Apr. 30

,

6

35

61% May
122

CHRONICLE

Saturday

•

7

9% May

25% Apr 26
9% Apr 30

29% July

45V« Nov
99% Dec
105% Mar

54% Jan

2
25

15% Feb

Jan

9

2214

FINANCIAL

'

EXCHANGE

S per share

11

4% Feb

July

*■„

'

Lowest

7% Mar
Feb

&

.

'■■V'

# per share

4

STOCKS
NEW YORK STOCK

*

Range Since Jan. 1

,

Highest

Feb

COMMERCIAL

18%

*13%

*21

13%

11%

11%:

10%

41%

*40%

112%

*110i/2

;

12%

12%

18%

181/2

I81/2

13%

5

13'

131/2

18%

,

500

1,000

'

133/8

12 Va

*10%

413/8

41

112%.
,

*33%

34%

*333/8

343/8

•>-,*47%

49%

*47%,

110%

13 Va

__5o

11 >/8

483/4

11 Ve

103/4

10%

11%
10%:

10%

10'/a

41

11

10%
...

No par

preferred

Myers (F E) & Bros

181/8

>13

ii3/„

10%

*40

*110%

'

2,700

'

1,600

'

11%

*10%
.

'

131/4. ,13%

.

12

41

413/a

411/4

-41%

1121/4

110%

11072

110%

12%

13%

*34

12%

341/4

*47%

v

*110%

49%

343/8
*48

11.1/4

131/a

11'/4

3,700

10%

10%

400

41'

411/2

1,800

1101/4

170

'

•'i3ya

343/3

*34

49%

11

11%

'1101/4
V

vi3y8

?48

123/4

13

>*34

'34%
>

49

2,700
100

35

'48

.

48

•>.

100

r* -tf,-,-.

N
14% Mar
20
18

21%

Dec

Feb

„

26%

28

Jan

19

Oct

30% Jan : 3

5% Feb

7

30% Feb

*

Jun

32

8

6% Mar

6% May

9% Jan

5

12

6

14 ya Feb

25

Nat

8

16% Jan

7

14%

Deo

10 %

Jun

13% Feb

May

96% May

88

38

25% Apr

14

169% Jan

4

Jun

Apr

7%

Feb

24%

jun

ft Dec

Jun

1

25

135

25 %

July

94

Nov

Dec

19

Feb

7

19

11

82% Mar 23

Jan

86

8
Nov
90% Mar

12%

31% Feb
100

3

2

May

200

;

3%%

-F*1 '#

r

>

8 per share

Jan

8% Jan

10

July

July

J)

YORK

9% May

5
2

New

8

10

Newport

Industries

City Omnibus Corp

New

York

23

r$5

Mar

N

9

9% Jan

21

Dock

non-cum

Y

&

26% Apr 28

33% Jan

21

Preferred

Jun

91% Jan

96

Jan

22

Oct

15% Feb 25

19 %

Apr

7

3

17% July

Jan

14

4

21

Jan

10 V

3

16'/2 May
7% May

Jun

90

14

Jan

Mar 24

23

Dec

36 y.

Jan

55

23 y4 Jan

3

28

Feb

62%

Nov

50 y« Feb

24

Aug

28%

Jan

26

14% Mar

17%

Jun

15% Jan

8

Jan

-13% May

82% Mar
25% Feb
16%

Mar

RR

9% Feb

5

Jan

11

85

31

Jan

14

36 Va Mar 17

Jun

13% Feb 24

8% Nov

Dec

84

8% Apr 21
14% May 2
33% Jan 11

27% May
40% Apr

33% Jan
Dec

7% May

10% Mar

14%

11 ys Mar

2

£.50

103

30%
100

113/8

*ll5/8

13%

*101%

30%

:

103

*1011/2

12

*11

•

103

103

*101%

*101%

200
300

x

1,500

•

400
/"V'v

103

■

'•yiw

*30%

30%

30%

30 3/4

305/8

30s/8

*30 %

303/4

1,000

*991/2

lOO

North

IOO1/4

*99%

100'/4

*99%

100%

*99%

100%

10

American

Ry

Aviation

♦3.60
$4.80

4

Ry

Co

Gas

50

Co

._10

Ry

100

par

preferred

10

10%
66

29%...

10 i/a

11

*29

29%

-28%

11%.,'

ill

11%

70%

70%

71

*123

126

*125

'

*121/4

12%'

*26%

28%

*56

250

60

*53.

7'7%

i

72

&

4% Jan

11

Norwalk

Tire

23

Norwich

Pharmacal

29

30%
29

'

103/8
(

;)S

^

29

29

11 y8

11'A

72%

73

128

ll'/a

11%

11%

11%

X

72

72

72%

72%:

1

I

126

126

123/s

28%

*26V2

28%

*26%

30

26%

60

*56

60

250

240

250

>240

;

! *56

60

*56

250

*240

7'/a

71/4

26%

263/4

27

27

92%

92%

92%

*92

923/4

*181/4

181/2

181/4

181/4

18%

18%

18%

18%

xlU

18

*88

90

893/4

*88%

19%

193/a

93/4
*82

•

8

.1%

26%

331/a

33%
14%

10%

101/4

8 v;
26%

261/4

511/4

26%

9%

*81%

19%
••

9%

10 3/8

10%

143/8

15%

14%

14'/2

,33%

33%

*

31/4

121/2

84%

.33%.

85

•

34

3%

31/4

,.31/4

12%

■

*121/8

*26

7'/a

'

26%

'

92

92

2,100

1,100

90

110

I8I/4 .*•

*18

1,000

91

*89

17%

123/8

•

.

.'.3»/4

8

*17

,

,

*261/4

•

17%

'

2,100

'/a

8 %

26 y4

26 »/4

400

51%

8ye ;

51%

2,400

8

263/4

85

108

3'/4

513/8

19 3/8

51%

*26

263/4
19 1/2

26 3/4

1S%

*26

•

•

19 »/4

19'/2

7,400

26%
193/8

29,000

'

y4"

X

10

.

*82

33%

341/8 !

34

343/8

14%

14%

14%

14%

9%

10

14 3/8

8%

15V2

%■

513/4 ;■

'14%

8%

33%

515/8

333/4

83/4

15i/2

7%
26%

'

333/8

'

8%

33%

8

261/4

82 Vb

83/4

...

:>

8

82

10% .5:

84

-

27

171/4

17% T-

83

83/4

10

85

7'/4

27

'

19%
/

14%

10%

-

*26

v,

33%

14%

*88

16%

.50%

193/8

143/4

'

18

*26

:

83

33

89%

18

9%. „.9.%
*81%

100

•

'

2(6%

191/4

•

10

t

51 '/a

*26

83

-

*88

173/4

50%

71/4-

7%

400

r

'

90

.

71/4

••

•800

250

*913/4

a.

»•'

60

*240

^

7'/4

7%

-•'

26%

92%

261/4.

1,200

123/a

263/4

••

12,300

*126 »/8

71/4

8 3/8

900
-

V

123/4

26%

27

2,750

2,100

r

/

127%

*126

92

17 %

2,700

v

305/a

1

T

103/8
68%

*12%

*56

250.. ->.

*88

7,800
2,400

:

29

27

17%

>

305/8

*66

•

31

12%

*1071/4

.2.50

93/4
97'/4

123/4

1073/4

..No par

29

67

923/4

173/4

Shares

»

47'A .-471/4

v

12%

1071/2

Co

103/4
'67

'

30 3/,

*26'/2

50

Rubber

*10%

11'/a
67

"

301/4

*92

,_25

12% Apr

473/4

125%

107%

Telegraph

47%

9%

•*95%

97'/4

12%

*84

preferred

Northwestern

v

93/4

v

125%

107%

common

9 '/a

*251/2

t

283/4..

*240

.

*701/8

,

:

No par

Inc

*103/4

67

301/a

12%

253/b

60

*240
•

126

*12%

■

*95%

48%

*65

29

11

70%

{

48%

301/4

*65

No par

preferred
Northwest Airlines
4.6%

.48

11%

1

1

.

5

Jan

9%

97%

the Week

$ per share

•

for

Sales

May 6

$ per share

'

29%

26 V2

4

36

9%

*95%

291/2

*26i/a

10

109% Mar 22
2

:
*'

48

11

.25

Co

Northern States Pwr Co (Minn)—
Common
No

Feb

9%
971/4

29i/2

•

Friday

,

May 5

9%

66
:

Thursday

May 4
S per share

*95%
.

65

51%

Pacific

19

9'A
97'/4

49'A

29%

51%

Northern

7

' 9%

9%

...

.

Wednesday

share

29%

25

com

7

10% Jan

49

X per

65

4

8

Central

Feb

9'/a

*95%

*

HIGH BALE PRICE*

Tuesday
May 3

A

'.

t per share

9'A
49

*26%

Natural

,

Monday
May 2

'r

971/4

49

4

;

preferred

American

-

I per share

1

Co_.

& Western

Northern

2% Mar 22

Jun

100

10% May
,

1,900

113/4

11 %

273/8

*13

Gas Corp—

90

28

15

_,_100

Northern

17% Jan

Apr 29

107% Feb

17 ya Mar

Nov

3%

Mar

Feb

A

Corp

Chemical

North

7

81

Jun

90

27%

133/s

*101%

31
100 J/4

*95'/2

50

Industries

Adjustment

18

Jun

109%

103

r.9%

No-par

Co

Hart RR CoUOO

series

Elec &

Electric

Norfolk

28

27%

Oct

•

1

preferred

Nopco

20

19% Apr
11% Jan

5%

Noblitt-Sparks
Noma

10

36 y4

Aug

16

7

3

8% Feb

78

103%

% Jan
28% Jan

93

Dec

*13

Saturday
Apr. 30

;

Light 3.90% pfd__100
Shipbldg Corp partic stock.
1

♦3.75

3

59

25

N Y

N Y State

25%

27%

*11%

11%

100

131/8

N Y Power &

19%

Dec

273/8

113/8

131/8-

No par

preferred

Harlem

39% July

Dec

27%

115/8

131/2

100
No par

common

N Y New Haven &

96

.

273/4

•:,y 13%

13%

>100%

No par

N Y

Feb

13%

27%

13%

N Y Chic & St Louis Co com__i_100
6% preferred series A

21

Feb

20

27%

13%

*13

100

No par

6

Jan

120

;.

11%

;.

Brake

8

86

16,300

83%

11%

___100

21

jun

18%

83%

ll3/a

Central

4

18%

84

11%

York

250

18%

84

11%

New

10

18%

84

11%

7

Feb

18%

84

113/8

13% Jan

Apr 29

400

3,300

84%

*84

11%

1

preferred

Jan

7

23%

'

11%

Air

4%%

14% Jan

225

*22 3/4

23

11%

common

26 y2 May

* Mar

231/4

11,900

11%

Elec System
20
Jersey Pr & Lt Co 4 % pfd__100
Mining Corp
10

10% Feb 11

14% Jun

*221/2

i£

20%

.;*22
18%
18%

LOW AND

20% Jan

255

75%

ft

11%

York

Apr

75

2(f/n

5/8;

11%

New

59

76%

A

11%

Newport News Ship & Dry Dock__l

14

20%

753/4

12

12

Feb

*19%

763/8

ft

11%

STOCK

Apr

48

20 %

75%

*11%

27

140

*19%

*11%

12

5

900

2,200

113/8

72% Jan

,!Jan

190

6

18%

111/8

Apr
33% Jan

81

144'/a

"5%
*18

27%

35

68% Feb 24
124% Mar £9

*143%

6

18%

11%

24

10 V4 Feb

.144

*1421/4

6

11%

3

25

190

273/8

Newmont

Apr 30

4,000

12

New England

971/2 Feb

May

29%
172%

11%

I Par

59MiJan

13% Jan

29%
*171%

27 J/4

EXCHANGE

Apr 22

3

90

293/4
171%

171%

18%

23

173/4

84%

7,900

89

*11%

common

Jun

88

27%

*22

900

.151/8

15
89

18%

,

19%

17%

*84

18

76

23

•

10,800

,'V

*11%

S per share

9Va Feb 25

Jun

Jan

84%

19%
75%

2,500

1

Co

'

:

Mar 21

94
44 %

,

NEW

Highest

Nov

81

*84

20

75%

173/4

144

5%

y::

i

14%

'

•*22

17%

171'/a

*142%

29

28%

*170%

%

9,300

■:

86

>

22%

17%

preferred

20%

1

•22%

lo
100

is

15%
89%

'

v

6

18

15%
*88

89

28%

A

fff

*19i/2

14%
*88

28

*5%

18%

75

No par

Corp

Range Since Jan. 1

61

Jan

75%

28

: >y

e

14%
88

313,4

14% .15

No par

Fibre

27

6% Mar

20%

com

Co

23%

Mar

196

*19%
*74%

141/B
1

31
::

No par

Vulcanized

Newberry Co

2
'

Lowest

18% July

11% Mar

A

No par
25

Corp

*30%

65

49% Jan

143

*99 y2

28 %

20

1421/4

18 1/4

100

28% Jan

92

143

5%

18

common_No par

Jun

144

*1421/2

6

17%

(J

Oct

Feb

143

*5%

preferred

Jun

peb

142

serial

34%

121'

170%

Inc

43%

Dec

170%

conv

Mar 28

11

88

„

1,400

18

10%

27%

Bros

29

17%

113/8

171%

4%%

93% Jan

18

11%

27 3/4

12

27

17%

11%
15
v;

*170%

xl01% Jan

Natl

Natomas

17%

113/B

171%

100

Nopal

Shares

17%

11%

171%

preferred A

143/8

2,500
12,100

11

17%

f-y:'

1,400

2,200

6%

xll

143/4

27%

88

"

.

7'/a

6%

•

31%

88

14

'

143/4

27%

*87%

7

31%

88

Neisner

Feb

12%

common

14 % Mar 17

Nov

39 1

Co

7

113/8

31%

No par
10

preferred

Lead

28

ore

Aug
July
26% May
90%

conv

STOCKS

64

Nov

11%

ll'/a

14%

14 V8

Feb

20%

.

11 %

;'1 6%

240

63/B

313/4

30

14

Nehi

31

,

,

111/4

172%

63/s

7'/a

7 1/8

111/4

15,100

,

14%

1

com

3

99

Feb

-12% Dec

70

h

■11%

Co

9% Jan

Jan

-

175/8

11%

Gypsum

l2y8Apr 20
11% Apr
2
13% Mar 30

May

>1-

173/4

Enameling & Stamping___12.50

27% May

Highest
r

145/a

•

7

y

7

800

>'v>
34%

31%

;

2,600

123^
31

r-y 172

6%
32

ll'/a

30

14%

4

v*

t

29%

141/4

4

Jan

30

7

7

r
v

71/a
11 '/a

14%

3

103

>29%

'

7%

7

11'/a

172 '

6%
32

3,000

'105/8-

123/B

*30
:
34%
.

■

500
1

83/4

.

>X10%

1

,

34%

*171%

6%

*7
W'-'
>

11%

10%

30

22%

83/4

:

22,900

25%

,

; *21'/a

-31%

34

121/8

*25

,

-12%

31%

17%

National Steel Corp

5

7'

71/8

*11

'63/8

31%

•

10%
*121/8

1713/4.

6%

12
■

8%

'*,293/4

34%'

31%

17%

National

24

1

Lowest

29%

9% Jan

far Previous
Year 1948

I per share

29%

10% Jan

13

7

71/a

;

.

•

Xl713/4

173

311/4

-

105/8

12%

.311/4

33-%

33%

12%
22%

-.8%

12%
*v

14%

Prod

National Sugar Ref Co
National Supply (The) Pa
4%%
preferred
National Tea Co

7

Jan

7%

No par

21% Jan

Jan

98%

22

21

15% Feb

May

«

35

Feb

10

Jan

104

x27% Mar

Jan

91% Jan

Jan

19%

12% Nov

4

23% Mar 28

Jan

12%

Nov

U Jan

73% Apr 22
21% Feb 28

30% May
15% May

9% Nov

8

6%
315/B

83/4

*293/4

12%

: .'*1713/8
,;v- 6%

>

61/2
315/8

7%

6% preferred B
100
National Linen Service
Corp
1
Nati Malleable & Steel Cast_No
par
Natl Power & Lt ex-dlst

6
21

172

6%

10%

v

25%

22%

225/8

; 8%

31

.17%

$4.50

9

6% Jan
19 y4 Jan

19% Jan

Jan

16% Nov
80% Nov

148% Mar

4

172

33%

12

25%

12%
25

22

:

103/8

123/a

*29%

33%

12

25

V

83/4

10%

121/4

31%

*7V8 A 71/4
11%
11%

'8%

,

311/4

335/b

171%

*6%
*31

22

*13%

7%

2

171 %

'/•

>

12

25

10%

12

*29%

33%!

33%

9

*10%
-

"

22%

0

National

3

% Mar

Oct

25%

15

177% Feb

5% Mar 10

May

114%

Jan

Feb

Products

10%

11%
*24%
*215/8

y

•25

No par

National

33% Jan 21

16% Mar

Jan

Nov

95

Apr 25

Dairy

31%.

10

Department Stores

National

25

12%

*29%

1

Distillers

10

10%
*i2ye

1

National

20%

19% Nov
81% Mar

1

Co

National

5% Dec
15% Feb

38

Gas

19% Mar 30

177

1

Cylinder

8%

_100

7

147%

/

National

9

No par
1

National City Lines Inc
National Container Co

8

11

Jan

*8%

5

:

Cash Register

14

Oct

k

National

13% Feb

Nov

87

preferred
National Can Corp

3

*21%

10

7%

7% Mar 11

12

22

4

common

17% Feb

130

100

Jan

Co

May

21

Oct

9

27

Jan

Biscuit

11%

•

25%

*21%

1

;

22% May

Dec

29% Jan

10%

National

6

12

*25

1

31% May 4
15% Jan 24

162

21

25

7% Mar 29

24

27% Feb

,

35

2

10% Feb

Jun

178

Nashville Chatt & St Louis
National Acme Co

4

Jan

34% May

170% Mar 15

14% Aug

Mar

Sep

20

National Automotive. Fibres Inc
National Aviation Corp
National Battery Co

13% Apr

9% May

12% Dec
85

7

37

9% May
13% Jan

17% Nov

15

National Airlines

2

48

9% Dec

14%

4

3

Jun

12

9% Apr
11% Jan

3

10% Jan

Oct

g

__100

11

30% Mar

July

175%

10% Mar

;

Jan

Corp

23% Apr

3

11

32%

Feb

24%

5

Nash-Kelvinator

21

9% Feb

5% Nov

<

Jan

7

Jan

45

Mar

32% Dec
6

13

13% July
17% Mar

Feb

,162%

15% Jan

23% Jan

10% May

9% Nov
29

11% Apr 29

Sep

>29

4% Sep
8%

Jun

32%

Feb

10%
*85

8%
15 •/.

*33%

3'/a

9%

?; 0%

8%

30

10%

17,300

14%

7,400

10%

*107»/2

>

853%

85 3%

107%

Z

35,400
330

t>

108

210

"

85/8 :

1551/4 r

i'

8%

85/a

>

15

153/8

f*147/8

153/a

333/4

34

3%

11,800

34%

H 14%
A

'

83

34

86

107%

'

'

10%

851/4

107%

9%
*82

■

•10%

10% ;
86

107%

10

83 -i

341/2

1*34 Va

35

i,3y8 .-'

5

'3

/

3ys-'

'

3,600

•■3,200

: >

170

3 Va

>
.

500

*

*12

123/8

-

*12

'

*31

123/4

*12

123/4

*12

123/4

.

'

■'

100

O
26% Dec
192% Jan
26% Feb
>16% Apr
i 22%
Feb
>

92

:

103

20
27

!

80

12%
100

Jan

23

Jan

Dec

11% Feb
8% Dec
60% Sep
34% Feb

3

99 y4 Jan

3

Jun

25% Feb

11,

17% Jan

8

Jan

Jan

Jan

7

8

Jan

10

20

Feb

90% Jan

10

Mar 28

22% Jan

7

29

Feb

7

148

Jan

15

13% Feb

8

89

Feb

x66% Apr

19

73% Jan

49 y« Jan

3

11% Mar 29

15

8 %

32% Mar 30
155 % Apr

Oliver

Corp

4%%

.

8%

,

6%

Outboard
Outlet

14

24

Marine &

Owens-Illinois

2.50

*14
*66

Glass

Co

Amer

Fisheries

Coast

Co

37

Jan

6

40

Jan

17

1st

•

preferred

303/4

No par
12.50

Pacific

4

85

*20

Mfg

Co

Pacific

Apr

85

24%
71/4

21

851/4

20%.,

Inc.

common

non-cum

2nd preferred non-cum

•

54'/4

*12'A

10

31

311/4

'8%

*155

14%

*13%

69

*66

-

541/4

12%
91/2

541/4

12%
*83/4

./

:

.14%

9%

*17%

102%
•

18% ;

*17%

25

24 S/8

25 '/a

94%

93%

93%:

71/4

7

85 »/8

85

n

30%

*155

21
30%
156 »/2

.

20%
305/a
155

.7'/4

93%
•

i

14%

*133/4
*6R

fin

121/4

83/4

No par

*66

681/2

*66

681/2

>66

No par

*37%

38V4

*37%

38i/4

38

56

12%
8%
68%
38

553/4

12
*8 3/4
*66

31

38

1234
9%
38

:

.*173/4

25%

85
21

*20'/8

311/4155

31

>153

>

57

25

3,000

94%

190

r-7

2,100
350
200

21

31%
i.

3,800
20

155

*62

:

•

•

69

56

57

V

12%
9

181/2

.*133/4 .14 %

141/a

123/a

84

:r

80

7,300

85

6%

.

69 r

*83/4

•

.'*95%

7

4,900

28%

:x24%

941/4
'j

*66
56

281/8

.

•18%

*133/4
'

56'A

681/2

85

155

»

14%

pq

7 '>,■

*20

20% '

30%
155

;

>,*31 ;31%
103
103 •>

29'/a'

25%

;

,

85'/a

*66

54%

3.1%
1023/4

28%

*133/4
,

*31

■

29

71/4

:

*20'A

20%

12%

18%

85

313/8

543/4

102 3/4

28i/4

*24%

.•

,

156% j
69

31%

*102%

283/8

*93%

■

94%...

71/4

,;

1021/4

28
*18

r

19.,..

' 94

31%

102

28%

851/4

156%

*303/4

102%
,

24'/4
.

7%

28
*18

241/2
94

;

..

7

71

100

24%

31%

*102
■

181/4

94

-*7%

*155

18

7

6

*173/4

100

Jan

16

■

.No par

10% Jan

Apr

A

,10o

10

common

preferred

24

58% Jan

_No par

preferred

V, / *30%

28i/4

preferred
(The) common

jOppenheim Collins
Otis Elevator

31%
102%

28

pfd_^_20

common

Corp

31%
*102

convertible

convertible

28

Jan

|

1

Co

Omnibus

16% Jan

Jan




25

Oil

79

66

page 26.

7

16

Jan

see

Oklahoma Gas & Elec 4%

31% Jan

Jan

For footnotes

Ohio

100
No par

7

99

23

May
Apr
43 % May

19% Mar

Ohio Edison Co common
4.40%
preferred

7

-

4

81

jun

15% May

33% Jan

11

6% Feb

154

73

30

93% May

Apr

37% Jun
'

31 % Apr

104 ya Mar 25

23% Apr 21

*109% July

Dec

47% Dec

18%

27% Jan

Jun

36% July

Mar

144% Nov
15% Nov

Jun
»

43
1

6% Dec
'•♦«

34%

-

.

12'%
8%

4,600

12%

1,700
100

8%

*66

68%

-*66

68 '/2

37

37%

37

371/2

--

J

380

Volume

169

Number 4801

COMMERCIAL

THE

Range for Previous
Range Since Jan. 1
Highest

$ per share

$ per share

15 Vi Mar

21%

Jun

18

Feb

24

29%

36%

Jan

30% Jan

3

47% Mar

50 %

Feb

44% July

Dec

89

Dec

104%

130

Nov

147

3%
39

Dec

%

Nov

21

Par

33% Feb

14

54

Jan

6

Feb

21

Jan

3

34

Feb

7

96% Mar 28

Mar

135

Jan

5

5% May

1

Apr

4% Jan

8

43% Jan

10

25

31%

31%

31%

31%

31%

31%

No par

53

53

*52%

53%

53

53%

29%

*29%

*91

Pacific Tin Consolidated Corp
Pacific Western Oil Corp

11

.4% Jan

5

Packard

Jan

3

10% Apr

5

12% Feb

8

16

Jan

3

Pan-American

46

66

Oct

49 % Jan

5

59% Apr

14

100

May

97 % Mar 12

102 % Jan

8% Apr

Feb

92

Oct

6%

Feb

11%

18%

Dec

97

Jan

18%

Feb

3~4%
2

Jun

6% Feb

24

28

May

16% Apr

16

105

Jun

102% Feb

Feb

51

33%

Nov

30%

6 % Mar

9

Feb

May

3% May

Dec

24 %

20

*55%

16

Panhandle Prod & Refining

10

8

104% Jan

7

8

24% Feb

3

3

20% May

1% Feb

18

24% Jan

3

29

Jun

23% Mar

2

26% Jan

May

6 %

Apr

2% Feb

7% Jan

18

6% May

Jan

19% Jan

10

37

Jan

27% Jan

31

30% Apr

38%

Feb

49%

Jun

42% Jan

3

2

17% May

9%

Dec

15%

Jan

15%

Feb

21%

Nov

27

Dec

34% May

Mar 25

8

17% Feb

5

26% Mar 30

109%

Oct

Apr

12

16%

Dec

20% July

17% Jan

4

16%

Dec

22% May

15

35%

112

Dec

48

.103

Feb

120

28

Dec

Jan

104

45%

Jan

29

Oct

96% Feb
9
8% Feb 28

Feb

99

9 %

Nov

20% May

7%

NOV

Oct

9%

24%

Dec

98%

Feb

14%

30%
104

Feb
Dec

Feb

59

48%

Dec

55

93

Dec
Dec

22

Nov

104

104% May
24% Jun
25%

Jan

91

115%

4

Jan

19% Jan

7

28

Jan

45% July

25% May

2

40% Jan

Sep

91

83

Apr

3

88% Feb

25 Vb Mar

39%

Dec

37% Jan

4

87

Jan

97%

Jun

93% Jan

3

82%

Nov

88%

Oct

88

Jan

11

Dec

13%

Sep

87 Va

Jan

92 %

Aug

89

54%

Jan

77%

Jun

Dec

14% May

6

51% Feb

10

10% Feb

Apr

9

Feb

Apr

liy4May
90

Feb

11

4

64

Apr

19

28

11

30

Mar 30

Dec

*

Lowest

110

10%

< per share

$ per share

80'A
26

34%

Jan

26 % Feb

28

Apr

103%

Jan

100% Jan

5

113

Dec

15%

Dec

93

Coal

6c

Coke

138

Dec

157

Feb

30

July

10%
73%

preferred

81

Jan

3

>■.

20

Jun

170

Dec

96

Oct

82% May
26%
161

Oct

July

7% Feb

14

10% Apr 28
135

Apr

7

79 3A Apr

22

66% May
5
15% Mar 22
139

Jan

46% July

19% Mar

9% May

70% May

36% Feb

11

29%

Feb

46

32

11%

Dec

16% May
14% July

Jan
Nov

22%

Nov

11% May
35% May

62%

Feb

71%

18

Feb

81

Mar

32%

Jan

20

Dec

Jan

28% May
94

Apr

39% July
24% Jun

3

19 %

15%

*35%

36'A

36 '-'A

35

35

35

35%

*35%

36

104

Brewing

Co

34%

*100%

102%

*100

102%

*9

9%

*9

>

10%

*23%
*103%

5

*11%

No par

23%

1

*41%

25

40%
51'A

50

10

10%

10%

23%

*11%

11%

11%

23%

23

23%

23%

24

23%

24

42

41

42

41%

42%

41%

42 V4

40%

39%

40

39%

40%

40%

40%

51%

51%

51%

51%

51 Va

51%

51%

51%

97

96

96 Va

96%

96 %

23 %

22%

23 Va

23

23%

*23%

24%

24

24 Va

111%

111%

*111

111%

111%

*96%

97

111%

111%

99%

99%

99%

107%

A 107%

107%

13%

13%

26%

25%

26%

*98

107%

1
3

*96%

13 Vb >13%

v

*

100

*83

26%
84

*82%
41%

84

*

99

*96 Va

99

90%

*90

91

*90

91

*90

*11

11%

*11

*88%

89

*88

*88%

60
*10%

60 %

60

60%

60

60%

11

*9%

11

*9%

11

90%

Monday

Apr. 30

May 2

29

22

85

Jan

14

38

Jan

3

42% May

20% Jan

3

23 % Apr

26

53

Feb

42

Feb

2

90% Mar 17
5

13

*101%

*101

110

*101

110

*100%

110

*100%

Jan

3

Jan

30% Feb

25

May
108% Sep
33
July

25 % Feb

5

107

6

108 Va Jan

26

25% May

17

Apr 26

11

Jan

26% Mar

5

*82

28% Feb

21

37

Apr

30

32 % Apr

4

28% May

5

Co

14

147

*144

147

*144

147

163

*160

163

*160

163

31%

*7%
11

32%

32

7%

8
155

*82

83

*67%

67%

*16%

7%

11%

11

A

155

*135

82%

:

145

83

27%

27%

14 %

*13%

147

*144

148

*160 %

160%

*160%

162

32%

32 Va

32%

32 Va

32'/a

6,400

7%

7,:

*144

160%

7%

A 7%

7%

7%

7%

2,300

11%

7,200

107/a

11

11

155

*147

*145

82%

67%

67%

66 %

67

*66%

67'/4

70

*16%

17%

200

*139%

143 %

50

*171/4

17%

*139'/a

143%

46%

46%

A 46

48

37

36%

36%

*36

37

24

24

24%

*24%

25'/4

10%

10%

10%

10%

10%

48

47%

48

37

*36 Va

37%

47%
*36

11%

11%

11%

12

11%

12

13

13%

13

13 VB

13 VB

13%

6%

23%

*22%

23%

637/b

63%

.64 Va

64%'

64%

16%

16%

*16%

17

16%

16%

16%

17%

preferred

No par

90%

90%

90%

41%

41%

41%

41%

No par

21%

21%

21%

22

6%

I

90 %

Colorado—_20

of

com_

preference

com—No par

*90

6 Vb

;r:

(The)

22

27%

27%

36%

37

30%

30%

x29%

-107%

108%

*107%

108%

27

27%

27%

27%

17%

17 Vb

17%

*17%

18

11%

12

11%

12

70

70%

A

23

conv

No par

27

20% Jan 14

Quaker State Oil Refining Corp_10

*17

Radio Corp of America com—.No par

6%

6%

6%

*23

23%

23%

64%
17%

91

6%

18

*90

6%

64 Va

*17%

2,700

23'/a

*23

>;

64%

300

2,100
12,300

64%
r

3,100

17%

3,200

91

90 %

90%

100

42%

22%

100

preferred
Purity Bakeries Corp

*90

42

No par

common

6%
*23

91

41%

No par

Inc

3,400

36%

13

6 Vb

6c Gas

47%

36%

11%

63%

5

200

47

12%

*22%

1,300

10%

11%

6%

160

24

11%

13

63%

com

24

*10Vb

13%

*11%

30

*82

17%

46%

145

82%

143 %

46%

11
145

C2V4

23%

Inc

A

82%

6%

com

11 Va
150

30

%

*81

17%

24

20

6,200

14

147

*139 Va

*10 VB

10

500

83'

27%

17%

10%

13%

85

1397/a

24

1,400

12%

27%

139%

23%

11%

*12%

*13%

*16%

*10%

13

*83

67%

10%

11"%

12% ; 12%

14

Shares

28

110

67%

24%

10

27%

32%

11%

*10%

the Week

share

*100%

82%

146

Sales for

May 6

160%

150

*24

*36

Friday

S per

110

17%

*16%

11

.

103%

67%

*140

100

9,660

61%

*102

81%

*140

146

27%

*144

32%
8

*

60%

*9%

28%

83

*67

17%

31%

8

11%

11%

*135

32%

89%

102

*100%

84%

*13%

63%

Pure

5%

84%

27 Va

28

102

12%

27%

84 Va

*27%

12%

*22%

Industries

div

*82

A

28%

1

Pullman
Oil

13%

*13%

27%

*160

No par

Public Service Co

$1.40

84%

27 Va

*13%

*144

No par

Power

*82

84%
27%
14

28%

12%

"20

11%

88 %

May 5

110

12%

//

t per share

103

12%

11%
*

6,700

91

*90

V-

Thursday

S per share

103

*12%

10

97%

PRICES

*101%

12%

84

41%

11

preferred series A—50

conv

cum

*9%

102%

1

Procter 6c Gamble

$4.75

11

27%

100

class B

Pub Serv El

61 %

*101%

.5

Pressed Steel Car Co Inc

Publicker

60%

28 %

1

16% Apr

61%

102%

12%

15,500

41%

89%

May 4

28%

27%

A *96%

11%

*27%

Pittsburgh Young 6c Ash pfd
Pitts ton Co (The)

4%%

"

*101%

27%

120

8,900

*82%

*88%

25

28

400

13 Va

27 Va

7:
;*•

r

*11

No par
100

common

150

106

42

Wednesday

$ per share

112%
100

84

41%.

89 Va

May 3

$ per share

*82%,

42%

580

13%

X60%

Tuesday

1,700

100

11%

*9%

24

rs

♦111%

%

LOW AND HIGH BALI

Saturday

5

18

Va

8,700

A 106

91

11%
90

*11

90

$ per share

.

99

11%,

Pond Creek Pocahontas

24

41%

91%

preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100

24

83

*88%

STOCK

28 Va

41%

*11

5

27%

83

96

140

23%

13%

28

*90

\

13%

26%

_10o

No par

106%

*96%

41%

51%
96%

23

100

26%

No par
100

com

112%

106%

13 %

3,100

12,200

51 Va

24."

*99%

13%

3,500

42%

40%

96 J/4
•

111 %

98

41%
*96%

A

~20
1,200

23%

23%
42

107%
13%

13%

99

41%

*

26,800

11%

,40 Va

,

100

25%

;

41%

Plymouth Oil Co

Jan

*106%

*96Va

5%

8% Jan

99%

107

107

5

18

66% Jan

100

*99%

84

*83

v

100

common

A

23%

'

23%
104

■A 11%

40%

51%

•11 Va

11

11%

*11%

100
900

9%

*102%

41%

24%

Plough Inc

26

12

190

104

23%
104

40%

24

Coke 6c Chem Co com—No par
convertible preferred—No par

28

Mar 22

11%

300

35%

v'v: *9

11%

*23
104

23%

23%

100

11%

23%

42

23%

23%
111%

11%
104

11%

23%

No par

4

57% Feb

11%
*23

16,400

,:V

105

*34%
104

10 -M

5,600

15%

104 %
;r

104

*9Va

*103%

104

23

preferred

21

11

23%

*103%

23%

preferred series A

Electric

10%
*23

103%

*103

10

*9

•

23

100

Co

10

23'

100

&

103 >

97,

preferred

Potomac

101%

23

19
5

36

19%
36

*35

105

*34%

*96

preferred

Pillsbury Mills Inc

$5

104'/a

34%

100%

,

103%

11%

104%

34%

No par

Par

Pitts

*9

23%

-

34%

100%

10%

*23

104

105%

*34

No par
common

EXCHANGE

$4

*104%

105%

*34

100

Inc

*104%

34%

No par

Co

6c

105

*35

*33%

33%c

Milk Co common

(Chas)

105

100

Apr

Apr

108

*106

15 %

10% Apr
50% Apr
39

108

100

8,400

26%-

*25%

19%

Poor

Nov

Dec

21% Jan 24
Feb
1

*106

9%

22%

i

15 Va

6

32%

17%

71% Jan 27

26%

19%

12% Mar 30

X25%

Feb

7

24

108

22%

900

22%

*9

9%

22 Va

*25%

26%

7

15%

14 % Jan

30% May

x25

Jan

*9

22

7

19%

10% Feb 23

Dec

Feb

88

*106

7%
••

19%

12% Apr 21
5"% Mar 23

25

101%

15% Jan

150% Feb 24

29

24

5%

7

4

8% Feb

12%

8% Jan

147

12% July

Mar

26
21

10

Jan

Jun

Jan

35 % Jan

108

*106

*7

*17%

9%

21%

*25%

22

*25%

109

*9

Va

26%

217/a

26%

7

15%

28

Feb

22%

*107

6%

9%

*9

9%

99

*25%

6%

15 %

144% Feb
170

1,000

19%

26

Mar 16

1,300

15%

27%

30

7%
13%

18%

*13%

159% Mar 15

500

6%

15%

1

July

25

6,500

*12%

19

Pitts Consolidation Coal Co

169

*24'/a

7

13%

15%

Pittsburgh Forgings Co
1
Pitts Ft Wayne 6c Chic Ry com—100
7%
gtd preferred
—100
Pittsburgh Plate Glass Co
lo
Pittsburgh Screw 6c Bolt
No par
Pittsburgh Steel Co com
No par
1% preferred class B
100

Jan

25

6%

13%

18%

2

142

24%

7

12%

15%

7

Dec

33

14% Mar 14

25

7

12%

200

29

18%

7

Feb

Jan

109

Feb

Jan

145

26%

Jan

25

13

28%

-

15 Vb

Pitts C C & St Louis RR
11

r

-

*18%

Jan

Jun

Feb

*107

85

10

15

4

29

*2

2%

50

16% Jan

39%

Dec

100

NEW YORK

32% Jan 24

28%

2

No par

RR

32

Apr

9%

21%

26%

3

155

6%

9%

21%

3

Nov

70%

*9

7'/a

*25%

S per share

105% Apr

13

29

6%

6%

7

13%

28%

25

*24%

25

7

*12%

2

28%

28%

28%

*24%

7

13% Mar

Jan

140

10

Co

26% Mar 14

Jun

Dec

7%

Corp

Cement

36% July

Feb

3,900

1%

•

600

23%

Mar

12%

2%

•r.-v

4,800

^

Sep
Jun

2

47%

Phillips Jones Corp
5% preferred
Phillips Petroleum
Phoenix Hosiery

6

/ Highest

Jun

,

98%

200

2

28,300

,.46%

Range Since Jan. 1

Highest
v

40%

STOCKS

Year 1948

t per share

*39%

47%

Range for Previous
Lowest

40%

47

4% preferred
3.60% series preferred

91% Mar 30

10

*39%

47%

Philip Morris 6c Co Ltd

9

13

40

46%

3%%

43% Mar 28
100

40

46%

Phila & Reading Coal & Iron
Phllco Corp common

8

July

40

46%

3.8%
4.3%

7

81

20 Va

*39

46%

div preference com
4.4% preferred

5

13% Apr 30

22 Va

*19%

'

46

$1

31

Jan

21%

21

22%

46

$6 preferred
Phila Electric Co

7

101

104%

♦103

*19%

*45%

Weiffer

18

112% Mar

104%

22%

20 %

No par

preferred
Fetroleum Corp of America—

Mar 12

108 % Jan

*103-

22%

20 V2

1,200

4%%

54% Mar 18

7

104%

21%

20%

17%

Pfizer

6

*103

21%

*19

28%

Phelps-Dodge Corp
Philadelphia Co 6% preferred

8

104%

21%

900

18

17%

19

Jan

7%

*17%

28 Va

21

Apr

7%
17%

17%

14

98

7%

17%

29

51% Jan

105

7%
17%

28%

53% Jan

110% Apr

7,200

7%

17%

17%

24% Apr

Jun

70

7%

7%

29

3

Jun

99 %

17%

*103

2%

'

28%

7

100
800

S9 %

100

40

2

12%

*99

19%

21

40

25

100

7%

104%

20%
*18%

28%

*99

17%

7%
18

*103

100

56%

17%

May 3
39% Apr 22
x48% Mar 30

Jun

7%

21

*99

100

11,200

56%

56%.

28%

7

103%

56%

17%

7

111

57

29

12% Jan

Jan

56%

*6%

Pet

Sep

56%

13

*28%

Pepsi-Cola Co

25% Feb

56%

25,800

9%

9%

*12%

*17%

17

4

55%

4

3%

9%
14

6%

12

23% Jan

55%

9%

17%

Peoria & Eastern Ry Co

Sep

*13%

9%

28%

19

99

14

17%

11% Jan

23% Apr

9 %

*13%

1,600

Pennsylvania Salt Mfg Co com—lo
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light & Coke
.100

5

3

9%
13%

40 %

28%

5%

4

90 % Mar 24

9%

13%

10

39%

3%

3%

9%
13%

'

2,800

17%

11

Jan

4

40

«

3%

28%

Feb

17

3%

4

39%

670

3%

*6%

Apr

41

39

3%

140

*28%

Apr

.10% Feb

3%

39

3%

140

*17%

12

5

4

3%

38

3%

\v

140

5

24

3

Mar 11

38

3%

13 %

18

Penn Gk.;s Sand Corp com—No par

7

34% May
108
Apr

39

3%

*138%

25

Penn-Dix<e

19

Feb

3%

140

No par

Penn Power 6c Light Co

14/

A

12%

Pennsylvania

20% Jan

Nov

*6%

1

103%

21%

*24%

3%

9
*

2%

5

7

Jan

*2

2.50

4

37

Jan

*138%

40

1

Enterprises

104

21

140

7%

*39%

No par

6c

Mar

110

8% Jan

Mines

Transportation

Mines

19% May
17% Jan

10
3

*138%

19%

28%

Penn

3

5
28% Jan 21

111

140

A

Penney (J C) Co

22% May

Jan

102

July
May

10% Feb

Consolidated

1,400

30%

18

*18%
1

29%
90 Va

30 Va

100

104%

20%

1,300

29%
90%

30

Peabody Coal Co common
5% conv prior preferred
Penick & Ford

8
47% Mar 28

Mar 28

Jan

20% May
64% July

44%

20%

Jan

32% Feb

May

17% Jun

40%

;

Mar 22

Apr
Apr

86%

22

108

8

*103

1

No par

Patino

4

2

Dec

100

Inc

Parmelee

7

14% Jan

preferred

Pictures

Parke Davis 6c Co
Parker Rust Proof Co

22

20

12% Mar 22

27

,

Park Utah

4

Jun

7%
*17%

Park & Tilford Inc

28

May

1

6,600

54

90%

100

No par

com

When issued

42% Mar 30

Jan

convertible

Paramount

4

16%

'

4%

Inc

32

54

90%

56%

27

Panhandle East Pipe L com__No par
4% preferred
100
Cos

32

53%

30 %

9%

Paraffine

1,300

32%

90%

13 %

7

53%

30

3%

9%

Jan

32

53%

91

*38%

100

32%

53%

20

30%

38%

3%

32

Shares

share

X20

29%

3%

the Week

S per

21

90%

38%

No par

&

20%

91

3%

*13%

25

Jan

Car

Petrol

21

30

3%

2%

19% Mar
40

Motor

*20

21

*139

140

Transp—5

19% Apr

26% May

Mar

23%

8

*19%

gale* for

May 6

S per share

91

92%

*139

1
10

Pan American Airways Corp

Jun

23%

20

2

Friday

'

,

May 5

t per share

share

20

*19%

Thursday

May 4

May 3
S per

share

20

21%

3% Feb

$ per

10

13% Mar

11% May

t per share

Pacific Mills
No par
Pacific Telep & Teleg common—100
6% preferred
100

3

143

LOW AND HIGH BALK PRICES
Tuesday
Wednesday

May 2

Pacific Gas & Electric
Pacific Lighting Corp

14

3% May 3
32% Feb 25

Monday

Apr. 30

(2007)

Pacific Finance Corp of Calif

Apr

89

Apr

CHRONICLE

Saturday

share

29

62% May

Dec

8%

$ per

STOCK

YORK

EXCHANGE

Jun

6%

Nov

4

I per share

55% July

29 Va

NEW

Lowest

Highest

Nov

FINANCIAL

STOCKS

Year 1948

Lowest

&

42%

42 %

42%

42%

42%

2,700

22 Vb

22%

22%

22%

22%

22%

47,600

277/b

28 Va

27%

28 Vb

27%

28 Vb

28

28 VB

28

28%

36

36%

36

36%

36 Vb

36%

36

36%

35%

36

29%

29%

30

30 VB

30%

31

31 %

30%

31%

108

108 Va

108 Va

108 %

108 %

*107%

108%

400

28

28%

23%

28 Va

28%

900

18

*17 V4

108

28

*17%

18

*17%

5,400

7,000
14,100

18

300

R
7%

Feb

15

Feb

24

63%

Feb

14% Jan

7

75% May
11% May

69% Apr
7% Jan

22

74 Va Jan

22

6%

Oct

Jun

3

89

Nov

98 Va

Jun

92% Jan

4

25%

Dec

9% Apr
4
95% Jan 24

34%

Jun

26

3

29

22%

Feb

x36

July
May

31

Jan

35

16%

Feb

27% July

Jan

22% May
29 % May
19% Feb

Jan

19

3

30 Va Feb

4

4

34% Feb

24

Feb

45

Apr

x37% Feb

15

43

39

Jun

31% Feb

10

36

Jan

Dec

10% Jan

3

101

Jan

i

15% May
106

Nov

105
19 Va

f

h *-<

Dec

8

18

May

Dec

14%

Jan

Dec

25 %

May

8%

Dec

13% May

Dec

66

8%

Dec

99

Aug

29%

5% Mar

18% Jan
8

Nov

Apr

8% Apr

Jan

5%

1%

13% May
5% May

11% May

For footnotes see
page 26.




common

4

23% Jan

25

Reed Roller Bit Co

13% Feb

18

Reeves

4

4

20

8% Jan 27
22

Apr
2
9% Jan 24

54% Feb

22

10

Apr

13

83% Feb

7% Apr
6% Feb

29

12% Jan

25

8% Jan

2 % Jan

3

3% Apr

5% Jan

4

9% May

Jan

3

Bros

$1.25

Reliable

div

Motors

prior

preference

Corp

3%%

series

Inc

8%

8%

*94 %

95%

*94%

95%

*94

95%

*94

95%

*26"

*25%

26

70

A

12

12%

12%

12%

71

71

A;,:; 11%

12 Va

71%

71%

900

8%

8%

12,100

71

8%

8%

8%

*94

*26

26 %

26%

26

26

1
,

*227/8

23 VB

22%

23 VB

22%

22%

22%

22%

25

"30%

30%

30%

30%

30 Vb

30%

29Va

30

20

20%"

95%

26

.

26

22%

23 VB

29 %

,,,

29%

*94

*25%
.

39,000

95%
26%

200

23%

23%

29%

29%

4,200
1,200

20

k

20

2,200

50

*20 VB

20 Va

20 Va

20

20%

50

*39

41

*39

41

40

40

*38%

40 Va

*38%

40%

*38%

40%

50

*30%

31%

*30%

31%

31%

31%

*30%

32

*30%

31%

*30%

31%

5

*11%

12V4

*11%

*11%

12

12

*11%

12 VB

nioft

110 %

*noft

*H0ft

110 Va

*19%

19%

"100

12 VB

1,900

20

12%
110 %:._..

*19%

20

*19%

19%

*12

12 VB

*11%

12%

*11%
*110 ft
*19%
12

12

110%

19%
12%

'

'

*110ft

110%

19%

12

20 Vb

12

*110 ft

110%

*19%

19%

12

20

A

12

20

/

12

12

convertible

10

*5%

6%

*5%

6%

5%

-No par

*19%

19%

*19%

19%

*19%

19%

19%

19%

*8VB

8%

*8%

8%

'*8%

8V4

81/8

8 VB

*8'/s

8%

*8 VB

53%

53%

53%

*52%

5 'V

100
50c
_25

*52

8%
*74

53 Va

preferred—

*52

8%

78%

1

Republic Aviation Corp..
Republic Pictures common—
$1

8

50c

Remington-Rand common
$4.50 preferred
Reo

8%

.No par

Inc

Stores

pfd

*70%

8%

:

20O
100
200
'

6c Co—

Reliance Mfg Co common
Conv

70%

8 V4

.No par

preferred

preferred

(Robt)

69%

5

100

Hosiery

14

77

Dec
Dec

Feb

Real Silk

2nd

31

50% Mar 21

10%
6%

13% Apr
106

non-cum

12

8%

100

pfd.

—

4%

117/B

.No par

common

Jan

Aug
15% May

78%

2 Vb Dec

May

11 Va Jan

7

Rayonier Inc

Reis

17%
52

Jan

Radio-Keith-Orpheum
Ralston Purina Co 3%%
Raybestos-Manhattan

69%

1

preferred

preferred
Reading Co common
4% non-cum 1st preferred.

Jan

Feb

10

1st

$2

23% Jan

36%
31

$3.50

7%

7%

1

6%

6%

50c

3%

3%

9~-

9

8%
*74

10

6

531/2

8%
77

*6

*52

8%
*74

53%
8%
77

*52

8%
T *72

6

8%
77

*5%
*19'

8%
*72

6%

19%

87/8
77

*5%
*19

8%
*73

6

200

19%

100

8%

100

54

8%

10

6,900

77

71/4
-

7%

7%

7%

7%

7%

7%

*7%

7%

1,600

6%

6%

6%

6%

6%

6%

6%

6%

6%

6%

3%

3%

3%

3%

3%

3%

3%

3%

3%

3%

8%

9 »/B

8%

8%

8%

8%

*8%

9%

*8%

3,300
21,000
1,609

7%

9

24

COMMERCIAL

THE

(2008)

YORK

NEW
Range Since Jan. 1
Highest

Year1948

33%

Oct

Feb

22%
103

Jan

111'/a July

15

Dec

21% May

82%

Feb

4%

Oct

8

Dec

19%

102

Nov

Apr

Mar

5%

104% Jan

Dec

92

21 %

May

27% Jan

6

Mar

93

5

5% Apr

4% Mar 23
19 Va

jFeb

8

99

23

18

103% Feb

Feb

25

5% Feb

7

34% Jan

3

37

Jan

11% May

••

6

Reynolds Spring
Reynolds (R J) Tob- class B

25

21%

*94%

13%

13%

13%

.13%

94%
5%

*93 y4

94 y2

*93%

93%

Inc
2.50
Reynolds Metals Co .com
No par
5%%. convertible preferred—.i_100

3

6% Jan

22%
97%

5%

102 Va

102 Vz

no2Vz

5%

5%

35%

33%

Dec

41%

Jan

Dec

50

Jan

42% Mar

7

45

Jan

5

—10

"43%

45

Oct

94

Jun

85 % Jan

3

90

Jan

31

Preferred

3.60%

series

100

*87%

89%

103% Dec

102% Jan

4

107

Mar 25

Preferred

4:50%

series

;_100

*105%

24% May

15%

Jan

Dec

4%

Feb

19%

Feb

14

Jun

24% Jan

3

38% May

Jun

17% May
4% Mar

6

21

Sep

6%

16% Apr

49
28

Dec

17

17%

7% May

13

Rheem Manufacturing

4

5 % Jan

5

10'A Jan

7

Robertshaw-Fulton Controls

25 Va Jan

3

22

Feb

1

41

<3

96% Apr

Richfield

-

Ritter

4%%

97
Apr 28
27% Apr 12

21

15% Mar

24% Nov

21

Jan

4

17

Mar

27% May

16% Apr

20

18% Feb

Dec

72

39% Apr

25

55% Jan

8

8%

18%

Dec

SVaJan

Jan

5 Va

13,100

21%

21%

2,000

103

102%

102 Vz

45

*43 Vz

>43%

45
89

106 y»

105%

106

16%

16%

381/4

36%

788%

89 Vz

18

105%

16%

16%

161/2

16%

16%
38%

.37%

3818

18%

*17'/2

18'/a

'/a

4%

4%

4'/2

8%

8%

8%

8%

8%

8%

8%

87/a

9

8%

*23%

24

*37

38

24

37

36%

97%

*97

*23%

36%

97%
26%

26 5/a

26%

26%

27 V

*16%

171/4

171/4

17%

16%

16%

17-V

-No par

41%

41%

411/4

42 V,

42%

42%

44

10%

10%

10%

2

Ruppert (Jacob)

23% May

26

Safeway Stores common
I
5
5% preferred
;
100
St Joseph Lead—
—10
St L-San F Ry Co com v t c__No par
Preferred series A'5% vtc—100

25

St Louis Southwestern Ry

21% Jan

16% Jan

3

Jun

109% Apr

27

113% Feb

16

4

48 Mi Jan

3

Dec
Sep

39%

Feb

61%

Jun

36

8%

Feb

16% July

8

32%

Feb

48% May

87

Jan

139% May

113

Jun

101

Jan

58

May
.

Feb

24

Apr

42% Jan

7

122

Feb 16

87

5

12% Jan 25

36% Mar 22
98

Jan

91

Jan

79

13% May

Feb

Feb

7

May

19

9% Jan

6

5%

*10

5

:

10%

91% May
15% Aug

80% Jan

Feb

10 % Mar 19

preferred-.*

non-cum

5
7

*
May
12% Jan

35% May

25 % May

3

30% Jan

51

May

46'A Jan

6

54

95

Jan

92

8

x96

8%

39% Mar
88

Nov

Dec

93% Apr
157/a Jun

79

Oct

87:

13%

Feb

26% July

87% Nov
12

.

Apr

84

5

Apr
: Apr

12%

87

3

14

-Jan

83

Jan

5

86'

20

Feb

7

55

Arms Corp-u—

7

10

10

Elec

4

4

19% Mar 18

Feb

59 % May

36 % Feb

7

47 V* May

v

5.

8y2 Apr
39% Jan

18

Seagrave Corp
Sears Roebuck

——

Feb

43% Nov

34% Feb

Dec

127/a July
8% May

x9% Mar

8

5% Mar

1

6 Vz Jan

11% Jan

Servel Inc common—

Dec

14% Jun

Feb

104

Jan

86

Apr

30

JUn

27

Jan

3

24% Nov

36%

30

Feb

46% Oct

17%

Feb

27%

68

Feb

79

'( 9

Dec

12

Mar

28%

22%

•110%

36%

36

36 '/a

4,600

10%

10 Vz

10%

10%

10%

10%-

1C%

10%

10%

10%

6,700

40'%

2,900

.

•r
•

40%

40%

100

-

10%

.

*91%

*88

110%

91%

80

46%

8% Feb

5

10

11% Apr

8

Jun

31

Feb

5

7% Jan

Dec

3i;

14% Feb

5

Jan

3

Mar 11

39 Va Jan
6

*

Shell

21

Oil

3%

$ per share

Union

Dec

36

May

34

Dec

44

Jan

15

Feb

32% Jun

92% Feb
18

Dec

27%

Jun

3

Mar 22

27% Jan

19% Feb

11

99

Feb

14

ii

37 7

37%
10

10-

24

3

Jun

Feb

Jun

15

104%

Jun

99

5

May

J

11

Feb

15

24
7

Mar

31% Jan 24
88% Feb

3%%

17% Jan

3% Jan

3

Socony Vacuum Oil Co Inc^

7% Jan

13

Oct

45% Aug

40

Mar

1

44 y»- Feb

60

53% Mar

3

58'A. May

Oct

Solvay American Coi-p 4%

16% Jan

11% Feb 24

36% Mar

44

Aug

26% Feb

26

36

42%

Jan

36% Jan

7

Nov
Dec

25 % Mar

•

29% Jan

5

32% May

28y4Jan

3

34

62% July

Feb

x39% Feb

24

50%

Jun

31% May

July

70

50% Feb

65%

Dec

73

12%

Dec

20% May
7% Jun

Jan

62

May

May

49% Jan

8%

Southern Natural Gas Co

—7.50

32%

-32%

40V2

40%
32'A

Pacific

Southern

Railway common—No par
preferred—
,_100

7

24

22

Dec

29%

Jan

21'

Feb

7

Feb

30"% Jun

Mar 22

24% Feb 24

6% Jan

Sparks

Jan

7

Apr

25

24% Jan

7

Spear & Co common
$5.5o preferred
i
Spencer Kellogg & Sons

29% Mar 30

Dec

14

May

3

May

Jan

5

23% May

14% Feb

7

71% Apr
16% Apr

21% Aug

29% Jan

23% Feb

5

29y» May

79%

Oct

100

Apr

13

28
6

—1
2

Squibb (E R)

103 % Mar 17

$4

•

32Vz

*51 Vz

'

'

*62%

;
.

•

•

5
1

& Sons common

preferred

11%
*4%
*4y4
*70V2
*21%
25Va
8Va
*70 y2"
*15%

;

No par

Squar- D Co

4

,

1

No par
1
No par
—1

Sperry Corp (The)—
Spiegel Inc common
Conv $4.50 preferred

10 y8 Mar 31

74

Feb

Jan

Withington——!

7

5

15%

104

(AC*) & Bros Inc—:

Spalding

72

61% Mar

Dec

non-cum

Mobile & Ohio stock tr ctfs___100

9

7% Jan

Co—i—No par

Southern

7

66% Feb

64

i——

7

Jan

*29

-

14
30

28
*101 Vz

No par

38

31'/2

752
;65

;il%
] 4%
4V2
73

(22'/2
2§Vz
8Vz
*71 y2
16
28
102

*34%

.

22%

3V'a
23'/e

800
600

12%

7,200

35
L

v.:; 5%

500

5% "•

23%

22%

18'/2

19%

*18%

21%

22 V4 (

*

19

19

21

21%

25

*85%

86

86

86

99

*971%

99

*98

99

*16

16%

16

V> *3%

13%

13%

29%

30

37%

37%

31%

31%

32 3/a

33i%

34

3334

34

39%

40%

39%

40%.

7 317a

32%

32 3/a

32"%

40'%

51%

51%

:

65

*62 Vz

40V2
32%

*51

51% •513%
11

*4Va

34

73

*22%

23

23

25'%

25%

261/4

26%

27

26% r

81/2

8 3/a

*703/4

62

7

8%

8%

4%

100

70%

71%"

15%

15%

153/4

15%

15%

263,4
8%

28%

281/2

29

29%

29

29%

1021%

*1011/2

102%

18%

18%

18%

28 3/a

>101%

'•)

101%

101%

70%

102%
18%

71

5,900
3,800
f

7

200

15%

1,300

29

29%

*102

102%

2,800
30

*15%

IO21/2

18%

800

700

23

8%

72

V

73

26%

8%
7

71

r

30
900

41/4

27%,

83/s

:

1,200

43/4

*70 3/4

15%

*71

,62%;

.

.11%

7 23

7034

15%

13,900

7

4%

23

8 '/2

8Va

15%

12,300

,

*1034

*70 '/2 "711/2

•

9,700

32

51%

'
"

40

31%

51%

4%

*70

22%

;

3934

,

73

73

22%

*70%

7

43/4.

251/2

*21%

.33%:

11

22%

73

32%

65

4%

4»/2

*4

4%

*4'/s

4%

"

200

•

51%

11

4%'

; 4%

4%

4%

1,700
11,800

32%

32%
,

1,700

38

31%

41

40'A

;

29%

32%

.

33%

51%

100

1,100
;

34

32 3/a
'

,

8%

13%

*37

38

*37

11

11

11

*10%

4%

4V4
*4

*71

7

11

*62%

62%

62%

65

*62'/2

30

!31%

513/4

33%

31%

«

.30

30

*291/2

38

1,500
9,700

58

1334

13%

V

45

29%

13 3/a

300

•

.

'

4

57%

..

33,600

16'/a

*4334

581/4

100
500

99%

8%

8Va
46

581/4

','■7.7'

I6V4,;

16

4

13%

13%

30

8y8
*43 %

•

;

99%

16%
J

571/4.

•

*16

4

31%

*37

31'% 7 31%
32%

57

.

100

3%

•

8'/4
46

*431/4

13%

293%

16

:

150

85%
98 %

*99%

4'/a

8'/a

8%

*13%

38

■

99 %

57

57 V-

85%
98%

99

16%

1,100

251/4

■

86

*98'/a

16%

99 Vz

7 4

46

*43i%

57

•

4

8 Va

8 Va
46

57

*37

99 %

*991/8

3%

3%

xl5%

16%

16

16»%
99 Vz

*99'/a

*24%

400

2,800

7.
16%

*85%

.

16%

16%

lb 3/a

l6J/a

7

600

193/a

22%

22

251/4

*24%

25'A

85 Vz

25

35,400

22%
1121/4

19

25

200

;

112%

21

"

1,100
2,100

35

23'/a

*20%

24%

*34%

35

114'/2

*18'%

'

Shares

3'/a

23%

♦3

23%

23%

'35

the Week

22%

18%

85 Vz

'

3 Va

Sales for

May 6

*112V2

21 -

24%

<•

Friday

S per share

23

114

20 y2

*97%

7

114

221/2

22%

113%

3

343/4

18%
*

8 Va

*13%

3

113%

112

*43'%

5

13% Jan

6,600

93/a

35

$ per share V

share

23

22%
35

*34i'a

22 Va

22%
112

8Va

3

5%

26%

81%

*12'%

Thursday
May 5

May 4
t per

3

22%

■

35

43 'A
57

.57

.

*37
*31%

preferred

26

68

4

25
Southern California Edison-——25

6

4

,

Jan

Jan

Nov

2223

*34Va

43 'A

-

Greyhound Lines
5
South Porto Rico Sugar com_No par

16 Va
99Vz

3

3 Va

*3

8'/a

50

,—50

Jan

73

*3%

Co com_4.50

61

Dec

16
*99 Va

.

& G

E

41

Aug

*85%
*97% 799
16
16

1

preferred

5

4

1

Southeastern

10

10% Apr 21
4'/4 Feb 25

8% May

conv

24

63

19%

23 Va
35

22%
23 Va
113V4 113y4

1

preferred

5%%

18

Feb

Carolina

5%

26

40

Amer Cxold & Platinum

South

5

1-4 Ya Apr
39 Vi Jan

30% July
30% July

Feb

95

23
*34'/a

-

—15
pfd—100

South

15

'

5%s 7 5%

'7 5%'

Wednesday

May 3
S per share

Sper share

3j%

*3-

—15

1
100
Corona Typewriters-No par

7

Jun

7%

May 2

$ per share

•

preferred

24

4% Apr 16
8% May
5

5%

•/

Tuesday

Monday

Apr. 30

No par

—100

17% Jan

Feb

20%

>5%

"'5%

Par,

»,

—

100% Jan

39

Feb

*5%

5%

No par

Smith &

52

4

12'%'

Saturday

—

8

•

26

35%

34%

10

8,600
3,000

9%

12'%

5%

7

29%

:

3434

3,4%

4,700

29%

9'%

12%

34%

200

7%

*31

26%

*9%

34%

*

5'%
86

•

29i%

811%

9'%

34%

'

Corp

preferred

4.20%

{26%
*81 V

"

81

7 9%
*12'%

'•*5%

Smith (A) & Sons Carpet Co corn—20

3

100% Mar 25

26%

26%
*80

.-

9%
12'%

19%

17

82

1,000

29%

30

29%

.

16,800

9%

7%'.

•29% •31%'

30
.

300

38'%

•5%
*84

34%

21%,
25
86

8%

26%

'

V

:

'

'

1,300
3,800

'

7%
86

12%

*18%

5% Mar

26%

15

—No par

-

O)

30%

29%

V

7%

*84

'

1,600
•

; "■

/.:

7%

'9%

■

•

5%

*5%
'

86

34%

*20%
*24%

23

26%

91/4

Vi 7%

12%

^20

23% Apr 21

Feb

26' >

91%

5%

7%
♦84 '

73a,
3734

•V>

-

//•

12%

710

(A

♦5%
•

10

*9Va

Smith

95 % Jan

Nov

29

34%

—5

Sinclair Oil Corp—-

Jan

7

30

29

*80

38'%

10

46

■;/•':/

.

9%

Sloss-Sheffield Steel *& Iron

3% Nov

29%

82

'37%

10

7 45%

12%

25

26

30%
30

*80""

7%

29%

29%

;•

'*7%

38

V'W-.

29%

1

<

Skelly Oil Co_

'

7%

7% '

3,300

18

LOW AND HIGH SALE PRICES

Simonds Saw & Steel

Jan

8

87

471%

1

15%
51%

18

9 Va

1

Coalition Mines
Simmons Co
1

*

7

7%

•46%

37%

5%\-,

•51%

46'%-

.513 4 >

"..>

330

85

*15%,

18

...,•7 9%

77/

9%;

♦84%

7%
87

.

.

80

1,900

*84%

■»52

17%

310

13'%

13

*12%

1

2iy* Jan

84 V* Jan

Feb

82

37%

9%

5%

7%

7%'

37%

371%
.'T0v-»

-

153/4
'51%

18

1,000

84%

16%

16'/a

51%'

45i%;

^

:

54
96

v

?

15'/a

45

7%

8

.85

17%

17%

44

7-

85 '

12,400

*83%

13%

'

:

53%

1,600

26%

*94

•

-84%

13'%

40

11%

26%

<

96

10,900

87

,

xll
7

53%

53%
*94'/2

*83%

-

51

15%
51

17%

43'% ;

*84y2

26%

7

♦80

7'

Jun

V'

■'

151/4
51-

•.

17%

♦5%:

7%

♦26 ;

•

43 Vz

5%

5'A

77%:

vv

51

37 Va

*9%

8

Feb

Apr

Feb

15%

18% Feb

July

58%

15%

20

39%

43%

15

15

Oct

98

33%

*84%

Jun

90

20%

847/a

84%

35%

Dec

11%

84%

84 Vz

5

Silver King

127% Jan

Dec

147/8

13%

85

•84 y#

STOCK

YORK

<

i

12

36% Jan

Sep

96

4% Jan

22% Feb 25'

91

Dec

13%

No par

EXCHANGE

S per share

i

31% Feb 25

80

15%

13Va

25%

Feb

23

160

137/4

*86

■

87.

11%
V-, >27 ¥7.

85

13

12%

*7%

s

87.«

11%
'26

13%,

84%

*83%

7.87V

i

7%

■'

95
84

*83%

84

,12%

—Nq par

95 "

84%

84-

1

97 W

•

84 7

♦7%

of American:

V7 7

53'%

53%

54

53%
*95

97

44

i

Oil

NEW

Highest

$ per share

7% May

25

53 Vt

*43%

Gas

&

Sheraton Corp

5

Range Since Jan. 1
Lowest

Highest

Dec

53
*95

95

51 ?

—

7%

11 Vz

*17%

,

91%

•25%

STOCKS

Year 1948

t per share

11%
25%

17%

A) Pen Co—i

(W

Bange for Previous
Lowest

11%
25y2

Steel

Sheaffer

10

Apr

11%
25%

30

77

Oct

11%
25%

29%

Dec

14

10%

25%

51%

:

7*89

7%

85 Vz

ii y»

25%

54%

20

103

*91%

■7Vz

85%

86

*85

85%

-

77%

11%

307

Jun

Apr 25

*85

85%

7»/4

7:7%

*100

103

*89

91%

25%

29%

preferred

Sharon

29% Mar

*85-

7%

x7%

7%

40

39% 740%

390

111

•98 V

:- 103

*98 <

*88 I

*88 " '

•...

40%-

40%

40 y4

100 7

100

-

23

22%

22%

39%

40%

7 103

*100

91%

*—1

$4.50

Shamrock

20,400

23%.

,Corp_i
—Np par
Sharp & Dohme common
No par
$3.50 conv pref series Ai—No par
Shattuck .(Frank G)
;
No paj

101% Feb

23%

800

110*%

86

37% Jan

10

Co

200

36%

86-

3iy2 May

; Feb

&

10%

22%

♦50%

Seeger Refrigerator Co

28% Apr 22
22% Jan
4i

15% Jan

Feb

4%

8

ll'/a Jan

*101/4

•

110'%

♦17%

Seiberling Rubber Co

7% Apr 30

5%

9% Dec
94

15

10%'

;

36«/2

,-100

—

31%
A9%

1,200

*10%

5

series A

preferred

45%

1.75

Seaboard Oil Co of Del_

5%

4534

110'%

No par

Seaboard Finance Co

35%

11

17

45%

36

_5
—1

49% Mar

16% Jan

16%

'44%

36

——..—1

Jun

Jun

9% Jan 27

7100

Seaboard Air Line cdm v t c—No par

62%

3,700

17i/a

111

•7%

-L—_—L_100

3.35% preferred

26'% '

26 %

17

22%

♦88

(The) common—5

Co

261/2

26%

17

•

36%

*40 V\

pfd.*—-.7.100

20 %

Oct

800

110%

95

Feb

8%

100

•

22%

22.

22
110

•53

Feb
Mar

97%

97%

36 Vz

No par

15%
5

38%

llOVa

100

5

,«_«

44

Jan

23%'

*9714

'

36V2

NO par

Scranton

1

18% Jan

231/2

*37%

800

110%

$3.40 preferred
•
Scovill Mfg Co 3.65%

8

14% Feb 11

2,900

10%

J100

Schenley Industries Jnc_—
Paper Co common

13

Jan

2,900

8%

36%

22 *

Scott

3

Jan

91% Mar

30

Savage

12

May

''

4%

36%

109%

Co_—100

St Regis Paper Co common
1st pfd 4.40% series A

7

25% Mar

-

17%

27

26%

;

•

8

371/2

171/2
*4%

'

24

45

♦10 V.

64,700

36 3,'a

.

38

*97

97%

*97

*26%

1

Ronson Art Metal Wks Inc_

Royal Typewriter
Ruberoid Co (The)

'

16%
107%

1,100

'38

4

2

:_100

560

161/2

.

*23%

37

*97

97%

*97

.

24

36%

24

*23%

37

*231%

•

500

105%

*8%

4

41/2

300

4,300

:

90

105%

*171/2

18%

.

7

44%

*88%

105%

38

19

4%

25

*43%

44%

89%

105%

60

'

.

6

35%

35

>87%

16%

371/4

103

*5%
v

38 Vi

16%

4%

20

*102 V2

6

35%

105%

%

4%

:

12% Mar 12

3

7—5%

~

3

54

preferred

conv

5 %

22%

35%

35%

60

5%

v

*5%

*87 %

100
2,100

V

"9AVz

21%

5%

(35 y8

4%

Rojim & Haas Co common
4% preferred series A—_

Apr 20

94 Vz

5%

*4%

com__l

94%

35%

♦43V2

*18%

94%

5%

105%

19

/v.

35 %

89 Vz

16%

7v,"

13

5%

45

38'/a

*18

103

89 Va

106

3.71/4

Oil Corp_T
;
Nonpar
Copipany
No par
Roan Antelope Copper Mines
i

5

35%

35 Va
*43 Vz

„

*16 1/2

1

:

12

36% May

May

Co

Jan

8% Mar 25

12

July
29 % July

19% Jan

35%

21%
95%

xl27/a

22

(5%

21%

5 Vz

21%
*93 y»

13%

21%

7

5%

21%

*

22 Va
96

13 Va

*102'/2

5%

80

Dec

94

21%

43

103 3A

94

5V4

5%

23,800

21%
96

13%

13%

21%

'5%

Shares

94

13%

103

*102

the Week

7

share

97

*95 Va

97

May(»
t per

22 Va

21%

21%

21%
*94 Vz

22

5%
"21 Va

1
10

Common

22 Va
97

May 5
$ per share

for

galea

Friday

Thursday
*

May 4
$ per share*

share ■] V

per

13%

Rexall Drug

26

Jan

777$

$ per share

*94'/2

_

7.7

May 3

'22%

Republic Steel Corp com
No par
6% conv prior pfd series A—_100
Revere Copper As Brass com—No par
5V*% preferred
-100

12

HIGH SALE PRICES
Wednesday

Tuesday

May 2

$ per share

.7Par

31

99 V» Jan

8

1

7

Jan

16% Jan

110

96
Apr 29
xl2% May 6

May

29%

$ per share

$ per share

share

AND

LOW

Monday

Apr. 30

EXCHANGE 7

Monday, May 9, 1949

RECORD

Saturday

NEW YORK STOCK

I

Lowest

Highest
$ per

$ per share

STOCK

CHRONICLE

:

STOCKS

Range (or Previous
Lowest

FINANCIAL

&

18%

"

17% Nov

29%

Jun

17% Apr 25

21% Jan

10

91%

Jun

83% Jan

88% Jan

6

27% May

18 Va Jan

20
3

Feb

109%

3

121

97%

Feb

121

Oct

-Jan

4

54%

Jan

73

Jun

56% Feb

11

134% May
67% Jan

36%

Feb

53

Jun

36% Feb

8

98'A Jan
109

Inc

Brands

17%
*86 'A
26 Va

com—No par

Apr 21

$6

prior

$7

4

prior

87

26%

42:% Mar 14

Standard

Oil

of California—No par

'.

Indiana

of

*1181/4

1191%

64'%

64%

40 Ya 7,40%

•

40%

40%

25

69%

Feb

92%

Jun

65% Feb

7

74% Jan

7

Standard

Oil

of

New

23%

Nov

35

Jun

22% Feb 25

26% Jan

7

Standard

Oil

of

Ohio common—10

89

Oct

97% Jun

97

Jan

4

11%

Feb

15%

14

Feb

25

38

Feb

41% Feb

17

36%

Nov

43% May
41% May

31% Feb

9

38 ys Jan

11% Mar

15% May

10% Feb

5

13

loo

: Mar 10

32 % Mar

39% Jun

88

Feb

97

23%

Dec

12%

Feb

36% May
16% May

9%

Dec

18

15

Dec

11%

Jan

16% Mar

Jun

Jan

20

Jan

preferred series A
100
Steel Spring common—_1
4% convertible preferred
50
Starrett Co (The) L S
No par

7

Feb

70% Nov
120

July

17%

Dec

15% May
21% Jun

187/8

Dec

26 Vi

?4% Mar
V"*

43

'onf-notf*

Jun

July
««">

90

Jan

52% Feb
117

Jan

x9 % Feb

8

10
17

24

15% Apr 29
Xl7y4 Feb 24

36% Feb

n«orp

£




14

Bros

Stores

Inc

3%%

•

preferred

Stevens

(J P)

5
100
15 "
5

-

& Co Inc

Stewart-Warner

.

1

Sterling Drug Inc common

7

12% Apr

4

Sterchi

18

3

6% Feb

May

27

9'/a Jan

25

11% Jan

7

Jan

14% Jan

15% Jan

24

18

Corp

17% Mar 14
16% Apr

Stone & Webster

*95
*25'A
12Va

21% Jan
7% Jan
94

>

Feb

61
Apr
119% Apr

20

Studebaker Corp

7

Sun

18
26

Sun Oil

13
8

17% Jan

13

19% Jan

7

42 Vz May

6

(The)
common

preferred

Co common

pfd

Sunray Oil Corp common
4%%
'

4Vz%
Sunshine

15%
18%
6%
*91
59%-

No par

Corp

Class A 4%%

14

11% Jan

Chemical

$4.50 series A

preferred series A
preferred series B
Biscuits

Inc

.

1

'

1
No par
No par

100
1
25
25
12.50

99
25%
12Va

11V* <11 %
*16y2
16%

Stokley-Van Camp Inc common—1
5% prior preferred
20

13

67%
24%
98

*97%
15 Va .15'/a
*41 Vz
42 V2
*32'Vz 33
*11 ya
11%,
39%
39%

Standard

39% Mar 30
100

14

10

98 %

Jan

Jan

Feb

12% Feb

Dec
Jan

12

44

18

28% Feb

16% Feb

Jun

Nov

9%

6

Jan

18% July

6%

113 %

3

94

24% Jan

29%

91%

50 % Mar

35% Jan

26% Jan

67%
24''A

;—25

3%%

'

Oct

Jersey

15%
18%
7
93 Vz
59%

*117% 119
•
10 Va- 10'/8
*15%
16 V*
*18
18%
.

41%

41 Vz

131%

67%

133

■A

'-

:>/.

26%
1191%

134%

1343/4

*32'%

33

11%

*

693/4

69%

77 24%

24%

24%

24%

*97%

98 Vz

98

98

,15%

15 3/a

.15%.

15%

15%

*411/2

43

*41%

43

43

43

15i/e

70% /

-

V

15 %

687/a

20,100

6,000
100

4,600
100

.33
.11%

33

*32%

34

33

100

ll'/a

11%

*11

11%

11

11

600

39%

39%

39%

39%

39%

393/4

25%

251/4

121/4

12'%

12%

11%

ll'/a
*16%

<■

16 Va

15%

16

18%

19

18%

19%

6%

6%

93%

6%
93

*90
••

59%

*116%
10 Va

591/4
119

10%

,

*95

11%

111/2

16%

16%

16%

i

25

:

98

-•7

25%

.12%

1,700

11%

11%

2,200

*16%

16%

16

153/4

16

15%

16

19%

193/4

19%

19%

18 3/4

19%

7

7

7

7

93

*90

93

59

59

59%
*117 %

IO1/4

59%
119
10 3/a

•

*117%

10%

16%

*16

183%

18

-

18%

18%

18%

*18%

41%

41%

41%

41%

42

161/4

42

6%

..

*90

;

119

10%

16%

-

2,900

12%

153/4

*90

4,000
'

12 3/a

18'A

16'/4

*95

25%

121/4

*163/a
-

%■ *32%

,

r

251/4

12 3/a

41%

16%

98

25%

113/a

r

16%

153/4

98

12%

11%

,

39 3/a

,

25%

12 'A

11%

*95

•

98

*95

98

153/4

:V;v

11,300

20,500

413/a

69%

25%

15%

1,300

651/4

39%

39%

10%

41%

98J/2

25%

59%

135

x64

ll'/a

•

118

*134
'

41%'

33

*32y2

*111/8

100

241/2

*97 7/8

60

1213/4

24 %•

241/4

98%

15 .4

.

*120

421/2

*41%

„

9,900

88

16,000

66%

.41%

,

18%

27%

26%

68%

68%

.>

42'%

10

1343/4

» 66%

661/2

*41%

59%

134

1343%
42

151/4

118

121%

66

151/a

6%

*120

41%

24'/a

*91

1213/4

66

68

68 y4

17

88

27%

41'%

*97%

*16%

87%
27

65

24 y4

39%

*120

18%
*87

87%
273/4

40%

/./-

98%

*95

27%

119%

*97%

24

*87

273/a

134 Va

f-r

•

18%"

87'%

*87

87'%

*116y2 119y2
*131 -,131%
64
64 y4

No par
No par

preferred
preferred.;-^

Standard Oil

8

18 y4
87 Vz
26 V*

,

26%

No par
Standard G & E Co $4 pref—No par
preferred

$3.50

28% Apr 18

86

Oct

Standard

13

59

7

100

4,900
21,800
2,200

93

59%

2,800

117%

II71/2

70

10%

ll'/a

19,500

16%

800

16

19

18%

19%

3,000

42%

42%

42%

2,500

Volume

169

Number 4801

COMMERCIAL

THE

NEW
Range (or Prerlona

Range Since Jan. 1
\ Lowest

Highest

$ per share

$ per share

$ per

11% Mar

7% Mar 25

10% Apr

140-

Mar

'

13%

Dec

i

19%

Jun

11

31

Dec

*

44'/2

JWt

31

235 <

,8y* Nov
8%

Dec

llVa Feb
79

Jun

V

share

"

NEW YORK STOCK

-

EXCHANGE

'

./

Par

May2

Jan

li

Superior Oil of

14% Jan

12

Marl6

36

Jan

36%

Jan

t!

22

-

26

Jun

20% Feb

91

Aiig

82

7% May

.

9% Apr

4

26
25

Swift

Feb

7

■4% Feb 24

5% Jan

10%.Feb

Dec

11% May
5% Jun

14% Mar

19% May

52

67

Nov

12

Ltd—_•

preferred"

$4

10%

21%

21%

7

■=■83%

1

Symington Gould Corp_—_

par

4%

Jun

8

10% Mar

May

2

4'A Jan

xl5% Mar

1

17% Jan

3

10

Feb

49

Talcott Inc

* per

9%
148%

9%

25 Va May

13% Feb

5

55% May
17% Jan

71% July

58

4

65% Mar 11

Texas Gulf Producing Co
Texas Gulf Sulphur

25

17% Feb 26

23% Jan

Texas

Feb

Nov

Oct

Jan

Texas

7

Co_

15%

share

Sales fo"

the Week

t per share

Pacific Coal & Oil

-.7

*141

9

:

8%

:

*142%

Shares

*32%

8%

9

29% ' 29 %

29% >
10%

10%

22

21%

22

83%

83%

83%

.

;

4%

10%.

4%

2.000

148

300

1,900

33%

100

8%

600

29%

29

10%

4,400
4,500

21%

21%

8,9G0

*82%

83%

20

4%

4%

3,900

10%

10%

*10%

10%

21%

83%

10%

9%

11% '11%

11%
33%

*32%

33

29%

148

11%

11%

84

4%

54Va

54

13%
62%
20

20%

20

—1

46%

46%

*40%

41%

14%

3%.

15"%

3%
15%

54%

63

19%

*10%

3%
15%

«

54%

14%

10%

*10

3%
15%

63%

14%
*63

10

,

11%.

9%

9%

21%"'

21%

10%

3

*15%

15%

53%

10
No par

*10

3%

*3

*

25

——

*144

*a%

9%

*83%

4%

.9%

33

30

.10%

21%

:

33%

29%

84

4%

10%

*10

Telautograph Corp—5
Tennessee Corp
i_——5

15% Nov

"

4%

5

5

55'A

55%

,

io%

io%

3%

10%

3%

*3

16
55%

15%

15%
55%

55%

3

54%

1,000
1,600

16

„

y

55%

13%

14

14%

14%

14%

14%

14%

63

63%

63%

63%

63%

20%

20%

21

63%
21'A

21%

20%

20%

47%

46%

47%

46%

46%

45%

46

42%

*40%

42%

*40%

42%

40%

40%

9%

17,700

14%

63%

*40%

.

,

63
20%
46%

,

200

3

*15%

9%

3,500
2,200

.

7,100

Texas Pacific Land Trust—

29

Feb

45%

Dec

48 Vz

May
65% May
20% May
24«.
May

s

10%

Dec

Xl4%

Dec

5%

Dec

14

%

Jan

25%

Dec '<

46'A

Jan

12%

Apr

5%

Dec

15»/a May
10% May

'

34%

Dec

47 Vs

Jan

6%

Dec

13 %

24

Jun

33% Feb

7% Oct
39% Feb
85

Feb

46

Feb 4

Jan

Feb

8

Jan

3

11% Jan

7

Textron

24

15% Jan 22
6'A Jan
8

'4% Mar 21

25% Apr
12% Apr

19

29% Feb

21

35

6% Jan

37% Jan

9

84 % Apr

14

2% Feb
Feb

Jun

20% Feb

25

July

102% May

24

89

8

25 % Jar/

n

105
19

39% Jan

4

Dec

55

Dec

13%

May
Jan

10

Jan

9%

Nov

22% Mar

10

Jan

Nov

23%

14 % Apr

28

5% Feb

19

$3.75

102% Jan

4

15% Jan

13

17% July

25% Mar

19 Va Jan

3

7% Mar 30

23% May
35

$6

3

Dec

36%

Jan

32% Jan

6

92

Jan

100%

Jun

98% Jan

13

4% Jan

3

7% Mar 14

Jun

Feb

11

29% Mar 14

Dec

14%

5% Feb

11

24

5%

Dec

25

Jan

May

6% Jan

2%

2%
*24%

2%

25%

*12%
5%

5%

5%

5%

36%

*36
4
17%

36%

*36

*26

4%

4
17%

*3%

8%

*8%

8%

*8%

8%

*37%

38%

38%

39%

38%

39%

38%

38%

87%'

87

87

87%

2%

2%
*24%
22%

2%

*24»A

25

22%

22%
103

16%

16%

40%

40

40%

11%

40%
11%

40

11%

40'A
11%

11%

11%

11%

11%

common.... 1

:

No par

Co

5

No par

$1.50

conv

preferred——No

prior

preferred

*102%
16%

7i

100'A
6%

26%

*25%

5%

5%

27
6

5%

22,300

100%

6%

*5%

3,400

100%

100'A

26%

3,400

12%

15
7%

100%

6%

1

11%

11%

,*14%
7%

7%

100 Va

50

2,400

3,800

100%

22 %

*6%

12,200

40%

100%
11

*34

23
104

40Va
11%

15
7%

21%
34%

x23
*102%

40%
11%
11%

22 Va
34%

100

40%
11%

*14%
7%

22 Va
34%
100 %
6%

1,400

25

40%
11%

15
7%

21%

40

2%

*24%

16%

12%

11

—

' 87

16%

11%

7
*99%

2%

600

1,000

16%

*14%

107/a

'

200

*

16%

15
7%

100%

*86

36%

16'A

11%

10%

*100

104

11%

100%

par

2%
2%
24%
24%
23'A
23%
102% 102%

2%

25
23'A

11%

10%

No par

87

*14%

7
100%

21%
34%
100 Va
6%
25%

*86

*11%

15

100%

'

4
18

40%
11%
12%

*10%

'

City Rap Transit com__No par
5% cmv prior preferred
50
Co

*14
6%

15

*14
6%

100

18

*8%

102%

/

120

1,200

4

*17%

8%

16'A

*

700

600

5'A

17%

22%

5

5%

4%

103%

2

4,100

„

15%
5%. 5%
*27%
28%
*12%
13

*8%

16%

No par

13
5%

•

5,600
200

*15

*17%

36%

22V4

22Va

*103

28

V

*36
*3%
17%

*36

103%

$4.50

Coach

*86

9%

15%
5%

16%

Century- Fox Film com

Twin

39

9%

15%
*5%
28
*12%

22Va

Corp

Coal

*8%

39
87%

*38

'

Twin

7

8%

9%

15-%
5%
27%
12%

103%

Corp

preferred

20th

100% Mar 23

8% May
32 %
Jan

4%

18

9%

15%
*5%
27%
12%
5%

i__Nopar

Bearing

Tri-Continental
Truax-Traer

4

31%

*8%

9%

15%
5%
27%
13

16%

Transcont'l & Western Air inc

10

11

*4

No par

Axle

Transue & Williams Steel

21

36%
4%
17%
8%
39
87%
2%
25%

9%

15
5%

15

5

preferred—

Transamerica

9

4

6% Feb

*36
*4
17%

*17%

NO par

com

16% Feb

98% Feb

37
4%

1

13% Mar 30

10% Apr

5%

*25

Roller

10% May

5%

$3.50 cum preferred—-—No par
Tide Water Associated Oil com—10

Timken

107% July
19% Aug

Nov

5%

*86

D«croit

Mar

5%

preferred
•_
100
Thompson-Starretfc Co com__No par

Timken

12% Mar

96

Products

10

12

5%
27%
13%

*36

4%

Mar 31
Jan

9'A

15
5%
27%
*12%

15

<

9%

9'%

No par

(The)

Co

43 % Mar 30

4

15%

Apr

Thompson

8

3

10

'W'

Steel

46%
41%

15%
5%
27%
13%

-

—50

Transit Corp

Avenue

46%
*49%

15%
5%
27%
*12%

9

1

j

prefeired

conv

Thompson (J R)

3% Jan

25

div

Thomas

29 % Jan

-

...

No par

common

Third

11

Apr

Co

6

14

16

40

$2%

13

23% May

1

Fair

Thermoid

8

Jan

No par

preference——No par

conv

9

45% Jan

5

preferred—!

Mar

20

100
__&0c

Ry Co„_-

common

Jan

7% Jan

2

•7% Feb 23

Jan

The

7

Mar 23

17% May

$2.40

19

2

Inc
conv

Thatcher Glass Mfg Co common—_5

28

2

Mar

3

$1.25

13 % Mar 16

5% Mar

38 Va May

32'%

——J

Texas & Pacific

28

Jun

104%

Mar

ctfs

Feb

May

Nov

share

9

59 Vz

4%

Sub

40

95%

•

3iy4

-

Apr 25

Jan

1% Mar
19%

48

10V2

19% Mar

95%

7

14% Feb

Apr

Apr

19

17

25

.

1—9

(James)-'

21%

4%

;*»%

10%

10%
*83%

84

,;

ll'/a"

*32%

30

7:,,

145

11%

9;

9

95/e

14*%

»A

33%

29%

30

'*-10%,

——

—1—No

11

*33

9%

*9

95/s

145

11

33%

30

Sylvanla Elec Prod Inc com—No par

2'

Mar

89

47

19

Friday
May 0

May 5

$ per, share

4 per share

9%

*•140

li'A

*32%
*

9%

148

11%

——25

_j

international

Swift

21

24% Jan

3"

Jan

Go—

A

9%

■■'141

t

% Mar

3%

Thursday

May 1

May 3

$ per share

share

*9%

Superior Steel Corp
[
i—50
Sutherland Paper CO—
—10
Sweets C» of America (The)—4.16%

7'

Jan

7
*1

8% Jap

Co
—10c
California———25

32% Jan

7% Feb 25

28% Jap

Jan

-

168

Apr 22
'

16%

.

Sunshine Mining

■T
9

LOW AND HIGH BALE PRICES
Wednesday
Tuesday

Monday

Apr. .30
f per

(2009)

RECORD

Saturday

-

'■?

14

May- 2

139

i;

Dec

4-% Mar

STOCK

CHRONICLE

'

Dec

Dec

*

Highest

$ per share

9

28 %

YORK

FINANCIAL

STOCKS

Year 1948
Lowest

h

10%

22%
34%
*100
6%

25

6

11

23 Va
*34%
100%
6%
*25%

23%
34%

100%
6%
26%
6%

26

27
5%

11

11

23%
35

100%
6%
27
6%

6%

100

100%

*10%

23%

300

11

2,000

23'A

23,800

*34%-35

*100

900

101%

6%
27
6%

1,200

6%
27%

1,500

6%

2,500

1,000

180

U
9%

Dec

12

Jan

7

10% Mar 17

Dec

Udylite Corp

59'A

Jun

40

Jan

3

46

Jan

12

Underwood

9% Mar

16 Va

Jun

1034 Feo

8

12 3/4 Apr

6

Union

Asbestos

24 % May

4

31% Jan

7

Union

Bag & Paper/

77/

Union

Carbide

39

27%

Feb

37

Nov

Va

103

39% May
43 V* Nov

8% Feb

36% Apr

26

42

Jan

110

Jun

107

Jan

6

111

Apr

4

Feb

98

Jun

94

Jan

13

94

Jan

Nov

90

Jan

86 % Jan

7

92

21%

Feb

25'/a Feo

11

79%

Nov

38% July
96 Va July

77% Feb

25

15

51% July

48

Apr

16

51% Feb

41%

31

Mar 28

36% Jan

Jun

22%

Dec

Lowest

$ per share

30% May

$ per share

22'A Feb
105% May

6

Apr

10% Jan

5

90% Mar

61% Jan

3

74

Jan

23'A

Oct

19% Feb

Dec

15%

Jan

Feb

Feb

38 Vs

Feb

41

Dec

25%

24%

25 Va

24%

24%

24 Va

25%

25

25%

243/4

25%

5,300

37

36%

3 TVs

36%

37 Vs

37%

38

37% ,38%

373/,

38 %

26,000

10734

107%

107%

109

107%

107 3/4

340

5

109

*91

96

*91

96

*91

96

87

*86

87%

*86

87

87

87

4%

5%

'

30%

30%

303/s

30%

30%

30%

30%

31%

30%

30%

30%

30%

*78%

79%

79

80

78%

79%

79%

80

80

80 "A

80%

80%

50

49%

49%

49 %

49%'

49

49 Vs

49 Vs

1,200

_No par

31%

31%

31%

•32%

33'A

33%

33%

1,700

preferred-

YORK

-

Aircraft
Air

Corp common.;

28

United Biscuit Co__—

7%. Jan

12

United. Board & Carton Corp

38% Jan

18

i„No par

Dec

30% Feb

26

29% Jan

3

33% Mar 17

United-Carr

2% Feb

9

6

Unite

Jan

41% Feb

10

3% Apr
45% Apr

7/

$3.50 convertible preferred
United Corp common

3% May

2 "A Jan

Feb

9

May

4

Feb

24

51

3 %

3

May

5% Jan

United

2

■1

Carbon

Co

Cig-Whelan

No par

L

Fastener

10o
1

Dec

82%

Apr

Apr

22

65

7

16%

Feb

28 %

United Dyewood
7%
p.v.eferred

Jun

16

Apr

22

22% Jan

3

United

37%

Electric

Jan

46%

Jun

35

Apr

7

39% Jan

20

United

Engineering & Foundry

48

Feb

58 % May

48

Apr

18%

Dec

23

18 Va Feb

11%

Dec

21% May

Jan

16%
89

Feb

32% May

Feb

15%

Feb

166%

Nov

8

101Jun

Feb

92%

24% May

29

54% Mar

24

21% Apr
12% Jan

7

24 % Apr

13

18% Feb
94

-

Mar

7'

98

May

20%

Co

Merch

&

U S & Foreign

4

179

Jun

175

182

Apr

28

8% Jan

24

1st preferred-^Freight Co
Gypsum Co common
7% preferred
:

7

U

S

Industrial

14

U

S

Leather

21

Jan

11%

Sep

21%

Jan

11% Jan

3

16

7%

Apr

7

Dec

19

8% Apr

18

Feb

9% May
53 % July

7'A Jan

39%

Feb

8

49 Vz Jan

28

52 % Jan

12

19% May

94

82

86

Dec

37%
121

May
49% May

Dec
Dec

137%

Jan

37% Nov

58 Vi

Jun

63%

72

Apr

87%

Oct

140%

Jun

Dec

67% Mar
129% Mar
17%

Feb

37

Nov

,
""

4% Mar

8%

Dec

85%

Dec

2%

Dec

19% Jan
42% May
6% May
12% May
98% Jun
6%

36% May

Jan

39% Feb

46% Apr

13

64% Jan

72

69

Jarr

78'% Jan

27

130% May
18% Jan

140% Jan
21% Apr

26

43% Feb

16

38% Jan
4% Feb

8% Jan
80

Jun
Jan

21

20

Jun

15

Feb

Feb

7%
42

Dec
Dec

10%

Jun

23 %

170

Jun

May

Feb
.

!

3

4

17

7 '

Feb

85% Jan
25

25

5

10

4

Jan

7
8

Mar 29

17% Jan

7

5% Mar 30
22% Apr
165

Feb

9% May

30
1

5

May

43 % Jan

3

52% Apr

13

Oct

19% Feb

11

25% Apr

25

May
26% May

9% Jan

3

11% Jan

20

21% Apr

21

24

27

49%

18,900

21 Va

21%

2,200

10%

10%

10%

7,700

*22

23 Va

23%

23%

23%

23%

22%

23

23%

*22%

23%

*22%

22 Vs

23 >4

22%

97

conv

Co

Rubber

S

S

Tobacco

7%

$6

18%

18%

19

19%

19 Vs

19%

*18%

193/s

1,500

4%

4%

4%

4%

4%

4%

4%

4%

1,000

4%

'

7'

800

46

90

18

17%

17%

17%

17%

17%

17%

18

18

18

4,800

153/3

15%

15%

15%

15%

15%

15%

15%

15%

15%

15%

6,200

*7%

8%

*7%

8%

*7%

8%

*7%

8%

*7%

8%

*7%

8%

4433

4433

45%

45%

10

*57

19%
*82'

37%

*120%

121

*43%

44

non-c

72%
132%

133

20%

21

No par

25
1

2d pfd„5

preferred

43%

No par

*42 ;

*5

*9%
*78

73 %
133

132

20%
43'A

*20%.
*42

43
5%

.

*5

5%,
10
83
3%

.

9%.

9%

.

*78

83

3%

*57%

20%

20%

21%

84

82

82

*82

36%

37%

373/s

119

117%

119 V*

119%

42%

36%

36%
117

44%

44'A

44%

44%

71 Vs

71%

71

71

72%

73

71%

72 %

131 Vz

132

133%

132%

133%

21 %
42%

4234

5%

5%

20%

20%

43'A

*42

5%

5Vs

(9%
3

3%

Vz

16

Universal Laboratories Inc

1

*4%

4%

Universal Leaf Tobacco com_No par
8% preferred
!
100
Universal Pictures Co Inc com
1

22%

22%

100

50

50%

*50%

166
•

9%

21

21%

43%

42

42

5%

*5

5%

700

21%

v

3,000
1,900

10

10

10

82

*78

82

*9%
*78

10

210

600
1,900

80

'

25

9

20%

*77

82

*77

*15%.

4Vs

5JA

133

10

9%

*23%

22'A

20%
*42

132%

800

39,700

"

16

*163

980

73

25

.

8,300

71

*15%

9

373/4
122 Va

43%

*23%

164

50

37%
120%

72

16

8%

84

71

25

*162

4,300

43 Va

*3%

""

100

21%

71%

*15%

4

*82

1,200

573/4

70%

*23%

21%

21

43

1

3%

3734
120

*57%

45

X71%

2

common

preferred

58

45

130%

71

73 Vs

73 Vs

57%

19%

*17%

70%

43Vs

*70

71

*69%

120%

120

57%

84

*82

37%

36%

37%

5o

84

45

19%

19%

45

58

*57%

20%

*82

45

45

59

19%

84

No par

..

*57%

20%

100

com

45

45

59

—100

preferred

50

19

50

4%%

181%

7
46

153/3

1
.—100

preferred—
Stockyards Corp

conv

181%

7
43

7'A

*67/s

Universal-Cyclops Steel Corp

4%

183

2.2UJ

20
10

preferred

United Wall Paper Inc

*181'A

100

9434

1

non-cum

conv

181 Va

30

16%

94'4

lo

50

United Stores $4.20

*16

95 %

7

*17%

com

*98

16%

94%

*46

No par

common

Co

99%

*16

7

class A

preferred

United

99

*98

16%

9,100

46

4%

preferred

7%

23 %

7

*18%

common

Steel Corp

*22 %

46

4%

1st

23%

46

18%

Smelting Ref & Min

7%

U S

Co

181 Vz

183

23%

98*
94

2,700

*22'4

46

*4y2

common

non-cum

*181%

24

7'A

*18%

Playing Card Co
Plywood Corp common
3%% pfd series A

U S

U

48 34

21%

10%

46%

No par

S

8%

,

Mar 17

5 % Apr 28
10 Vz Mar 30

8

3% Feb
Mar

4

3

Apr 22

19% Jan
156

15% May
70

24

Apr 29

2% Jan

34

Feb
Mar

U

26
21

Dec

4

1

Jan

16

19

88% Feb
43

22

150

U

133

49%

21%

10%

*6%

No par

U S

8

3

May

49%

21%

10%

46%

common

preferred
U S Pipe & Foundry

4

3

117

Lines

S

Chemicals

Co

4Vz%

59 Vz Feb

29

Apr

Partic &

'25% Mar

3

49%

21 %

49

5% Jan

900

48%

*46%

21 Vz Jan

600

10%

181%

9

200

16%

21'4

181 %

9

52%
37

48%

7%

28

37

10 Vs

183%

Mar

.

100

48 Vs

*6%

16 ;? Mar

6,400

20 Vs

*181'A

Jan

July

*18 Vs

5
—100

36

58

52%

16%
37

100

Dec

37% May

52%

16%
37

92 Va

Dec

52

16%

*16%

4%

Jan

97

97

52

36%

16%

.

44

16 %

93 %

17%

U

*96%

52

37

16 Vs

preferred

*43

400

3

x36 %

16%

16%

*37

92

Jan

21

51%

51%
"

16%

42%

4,700

32%

3

500

95%

Dec

35 %

32%

68,300

94%

com

44

35

3%

95 Vz

Machinery

*43

300

4 Vz

95%

Hoffman

3 Va

2,600

53/s

33/s

*96

S

33

22%

5'A

4 Va

*16

4%%

35%

3

100

22 V8

3%

20

19'A

U

35%
*32 Va

73

434

No par

Jun

5%

*71

6,700

33/s

22

*16

23

5%

12,100

4%

21%

*96

22%

400

12%

4%

21%

16%

73

24 %

105%

12 Vs

3%

*21%

97

*71

23%

105%

4>/4

22%

21'A

12%

for

Shares

3%

*21

21V*

44

24%
107

12%

the Week

share

5

22%

*21%

3 Va

24

*li!5%

Sales

May (»
$ per

3%

No par

17% May

27

*43

33

Friday

May 5

3%

22%

10%

Thursday
$ per share

43%

10%
*21

10%

21

35'A

3

S

76

Dec

Securities—No par

34'A
*32 Vs

3

53
16Vs
36%
48%
20%
10%
22Vz

53

*21%

i—:

*51 Va

5%

S

Dec

49

w

$4.50

Dec

22%

1

Inc

Certificates of interest

54%

43

Mfrs

United Paramount Theatres wi_—-l^

U

4

Cos

.

*4%

5

48Vs
20%

Coal

'

3,000

43%

3%

*4

12%

*5%

5%

3

44

3%

4%

48%

U

17% Apr

*43%

3%

■%

32%

106

32 Vs

34%

3 Vs

12

34'A

*5%

34 'A V

3

106

12%

33

34 %

*32%

20%

8

Jan

23

48%

20

8%

23

No par

Fruit

United

17% Jan

Jan

;

16

104 % Jan

57

23

23
107

12

5%

36%

8

3

23

16

3

4

23

*5%

36%

Feb

10

23

*36%

May

May

71

*15%

16

Jan

*69

*51%

92

May

"

5

Jun

7

71

5

113%

46

*67

44

3%
*4

70%

3%

*43%

■-

70 %

34 %

3Vs
1

106

100

United

7

23% Apr 18
23 % May
4

11

1

107
12%

United Gas Improvement Co—13'/2

16

9% Mar 23
22% Apr 29
23% Apr 18 *

May

Corp common'

24

23%

12%

33

*32

com—30c

Stores

23%

23

5%

'341/4

*

$ per share

share

22%

*

May 4

May 3

23

*5%

Corp„No par

Wednesday

Tuesday

*106

12%

23

10

49

33

71

*68%

__i

49%

32%

$ per

$ per share

108

100

23% Apr

preferred

49%
32'.2

May 2

23 Vs

*105
12%

9

4'%%

23 Vs

0

common—_10

Inc

Monday

$ per share

100

preferred

Lines

49%
32 Va

8,000
.

LOW AND HIGH SALE PRICES

Saturday
Apr. 30

par

49

32%

•

~

STOCK

' V

convertible

United

60

25

com__

Car

United

Mar 24

88

50

Co

Tank

/

96

87%

RR

of

non-cum

Union

*91

1,700

California

Oil

16

Feb

109

96

*86

26

4%

*108%

*91

87

Feb

2 Va

60

107%:

107%

96

July

55

107%

*85%

5% July

36
<

Nov

600

*25

*91

Pacific

r

i

14% Mar 29

2%

12%

_No par

Union

26% Mar 30

7

Jun

19'A

29

9%
41%

12%

.

_No par

$ per share

110%

27%

93/s
41%

12'A

EXCHANGE

Nov

6%

9%
.41%

12'A

107%

&

NEW

NOV

19

9%
41%

12 Vs

series

Highest

9%

Nov

9%
41%

12 Vs

series—

Union

5:

103%

57%

9 Vs

41%

12 Vs

$3.50

Range Since Jan. 1

Highest

-

93/s

41V2

*11%

STOCKS

Year 1948

S per share

9%
41%

12 Vs

$3.70

Range for Previous
Lowest

9%
41%

*11%

Preferred

21

Sep

9%

41%

12 Vs

Co

Preferred

.31% Apr •55>:

Jan

Rubber

36%

Mar 31.

31%

&

Carbon—"_ _No par

13

80

45%

9%
41%

12

_No par

Corp

Un El Co of Mo pfd $4.50 ser_ _No par

Oct

91

89 % Jan

P%
41%

5

1
_No par

(The)

4'/s

4%

21%

21%

166

*163

-24%
*10%
22%

3%
25

21%
164

21%
164

9%

9%

51 %

50%

243g
10%

3%
*23%

*15% ,16
4 Va
4%

9'A

9

50%

;

52%

52%

3%

3%

*23 Va

25

*15%

,.16

4%

4%

3%

3%

*24

2,800

25

*15%

16

4%
22 Vs

5

2,900

22 V8

*21%

22 Vs

164%

164%

9%

934

9%

52 %

52'4

52 3

4

630

24%

24%

24%

10%
22%

10%
*22%

10%
23

2 200
2,000

52

*164

167

1,500
20

93s

9,300

V
14%

Feb

273A

9%

Dec

15 Vz

21% Feb

For footnotes

see

page 26.




Jan

Vanadium Corp of America—No par
Van Norman Co
2.50
Van Raalte Co Inc
:_10

*10%

10%

23%
10%

*21%

2?3'4

*21%

24%

24%

23

.

243s
10%

24%
10'A

22%

22

24%
10%
22

24%
10%
22%

500

COMMERCIAL

THE

(2010)

26

YORK

NEW

f per share

15% May

85%

94

Dec

86

85 % Jan

91

2

1

26

11% Jan

3%%

Feb

14
19

Jan

Mar 28

32% Jan

3

33% Apr

4

31

preferred

12

38% May

29

29%

Nov

34% May

30% Jan

Dec

39 %

Apr

25% Jan

32%

Jan

23% Mar

5

30% Apr

32%

Jan

30

Mar 15

32

66

Jan

48

May

60% Jan 28

Wabash

15%

Jan

12% Feb 26

14% Apr <

Waldorf System

35%

Jun

26 y4 Mar 14

25% Dec
29

'

Apr

'

9

30

Apr 26

..•*

*86

*86

*36%

37Jm-/

87%

87%

*86

88

86%

86%

*85%

87%

34%

34%

35%

*17

*86

17%

7%

7%

92%

90 %

*29%

5
20

*28

17%

17%

,17%

20

*31%

33-

*48

50

*13%

14

30

*

30%
30%

28 %

30%

<

'33%

2,400
I'f 500

30%

*30

8,200

17%

114%

115

*18

30%

17%

114%

20

20

19

*18

19

30%

*30'

30%

1,000

30%

*30%

30%

30%

30%

*29%

30%

500

28%

,

30%

30%

*32%

30%

19

"30

*30%

28 %

*28

*114%

114

*18

18%

18%

30%

31%

,28%

30%,

<

220

1

92

*90

500

.

;

•

114

115

*114

19

,

V

7%

r7

17%V;17%

30%

30%

*30%

*93 %

90%

7

80

36 %
95%

36%

7%

*88%

17%

115

*18%

87%

7%

7/8

*114

18%

*86

95%

*94

93

93

87%

92%

17%

115

•

87%

7%

91

*18%

700

87%

*86

*88%

7%

*114 '

.36'

36

'94%

*93

93%

93%

1,500

22%

10%
22 Va

90%

,

25
25

6% preferred
Visking Corp (The)
Vulcan Detinnlng Co common
7% preferred
:J

6

Mar

10%
22

7%

90%

10
100
25

10%
22

90%

*7%

lOo

Va Iron Coal & Coke 4%

10%

.17%

No par
•

10%
21%

*86

:

95

com

24%

28% Dec

35

*92

100

—

partic preferred

div

Virginia Elec & Pwr Co com
$5 preferred
pfd
Virginian Ry Co common

5

17% May
20

6%

*34% "

5

10%
22

Shares

10%

10
22

*85%
34%

87%

'88

*85%

share

$ per

S per share

Sper share

share

10%

21%
87%

22

*86

100

f per

for

the Week

May (»

May 5

22

22

Sales

v',~: Friday

:

Thursday
"■I:!

May 4

May 3

share

*10

10 Va

*21%

Pacific Ry com_100

preferred

non-cum

Va-Carolina Chemical

21

118

10

___2.50

Co_.

Victor Chemical Works common

21

Jan

118

3
29
14% Jan
3

Jun

23

15% Dec

4

113% Apr

Jun

117%

Jan

5%

96% Mar 16

7

Ma y

15% Jan

18% May

14% Nov

Jan

7

90% May

Feb

90

11

Chemical

Vicks Shreve &

10

38% Jan

5

33% Feb

124% July

Feb

109

Jun

Vick

J per

S per share

Par

.

Vertientes-Camaguey Sugar Co__6%

1

Feb

89

5

Jun

96% Apr
14% July

7% Mar
93

85% Mar

May

••

.>

..

Apr. 30

6

22 % Apr

3

Jan

48%

Oct

85

20

Jan

share

13% Jan

16

Feb

.10

95

Feb

32% Dec

$ per

$ per share

1 per share

12% July
19% Dec

29%

LOW AND HIGH SAJ* PRICES
Wednesday
Tuesday

Monday
May 2

Saturday

"

EXCHANGE

Highest

Lowest

Highest

STOCK

YORK

NEW

Range Since Jan. 1

Year 1948

Lowest

RECORD

STOCK

STOCKS

Range for Previous

Monday, May 9, 1949

CHRONICLE

FINANCIAL

&

28%

28%

*28%

28%

*28%

28%

400

30

30

30

30

*29

30

*32

34

*32

34

*32

34

30%

*32

34

70

W
57% Aug
12% Dec
Dec

28

100 %

Apr

90 V

Jun

•

34% May

,

Jan

27% Aug

23% Feb

Deo

20% May

,12% Feb

Dec

22

Sep

30%

Dec

13

Jan

Sep

*80

Nov

-

86%

13%

24

Jun

113% Feb

Wayne Pump Co

25
5% Mar 30

Class

2

110% Jan 13

6%

'

i v.f 13 J/4

13 J/4

16%

*16 3/4

16%

113/4

12%

43/4

4%

4%

*20 %

20%
82%

-

18%

110%

110%

109%

116

117

117

117

109

110%

1103/4

109%

109

Oct

103% Feb
107

Apr

18

112% Jan

24

West Penn Power

pfd—^100

110%

111%

105

Apr 25

108% Jan

26

103%

106

51%

Jun

Feb

5%

Nov
Dec

46% May

Feb

29

5

Feb

22

Mar 23

74% July

54% Apr

15

Dec

26

May

14% Mar

Jun

27% May

33 y4

Jun

22% Apr

x91%May

39%

29% Nov
23%

Dec

85%

Feb

95%

Apr

91%

Feb

101%

Jun

98% Feb

25

Dec

40%

Jun

9

1

59

7
7

Jan

Western Union Teleg

class A_No par

Westinghouse Air Brake
Westinghouse Electric com
3%% pfd series A
3.80%
Weston

1
27

11

Apr

pfd series B
Elec Instrument

20

11% Jan

12

7% Jan

8

56% Jan

13

10% Feb 25

12% Mar 10

7

25

14% Jan 14

125

Dec

*138

28

Apr

2

13% Jan

Jan

11% Apr

17

79

5

18% May

131 % Mar 18

4

10

24% May

4

34% Jan

44% Jan

3

47% Jan 21

12% Feb

7

15% Mar 30

24

66

Apr

6

Feb

x59% Feb

May

64% Jan

72 % Apr

7

96% July

68

4
Feb 25

79

Jan

10

July

66

Feb

74

Apr

9

9% Jan

7

69 v

9

8% Feb 25

$4

8

Mar

11%

Jun

22

Dec

34%

Jan

20% Feb

26

Jan

20

10%

Feb

16% May

9% Apr

5

12% Jan

7

37

Dec

48

May

32% Apr

29

39% Jan

65%

Prior

19%

23%

23%

Co—
Worthington Pump &

28%

27%

28

23 %

22%

23%

93%

93%

93%

93 %

93%

93

93%

x91 %

92%

92

92

270

*99%

100 %

100%

100%

♦99%

100%

100%

*99 %

100

200

823/4

82%

82%

823/4

83

26%

26%

*26

26%

*26%

26%

26

15%

15

15%

15

15%

15

15%

15%

153/4

15%

23%

23%
55 7;

23%

23y2

*54

31%

*30

15

23%

23%

<*54

55

55

82%

*30%

♦30

31%

*9%

9%

9%

22%

24%

22 %

23 Va

54%

*53%

543/4

*30

543/4
31%

-*53%

31%

*30

31%

5

4%

5

45

45

44%

•45

45'%

46

11'%

11 J/4

11%

ll'/4

11%

11%

11%

11%

*76%

77'A

*76'%

77Va

*76'%

771/a

*76'%

771/a

*76'%

*11%

11%

18%

18 J/B

*11 J/8

18'/4

25%

45%

18%

18%

18 J/4
,

132

*129

f

,

45.J/4

25%

251/4

24%

251/a

25

25%

451/4

45'%

45%

46 3/8

46%

46%

15%

14%

15

15

64

*63

64

*63

64

62'%

*68'%

71

*68'%

71

*681/4

71

*73'%

76

*73'%

76

*73

74%

*73%

76

*70

71'%

7

9

15

V:

*83/4

9

9'%

V 71

71

*21

21%

21%

21%

9%

9%

9%

21%

9'/4
*17%

63%

64%

63 3A

Jan 28
Jan

6

Youngstown Steel Door

No pax

12%

12%

►12%

Jan

7

Zenith

27%

15

Zonite

No par
1

27%

4% Jan

3%

3%

tin receivership,

sales on this day.

Radio

Corp

a

Corp

Deferred delivery.

cName charged from

*8%

323/4

*•17%

66 J/4

123/4

a

3,300

64%

64%

13

12%

12%

12%

12 J/4

*12 J/4

27%

27%

273/a

27%

27%

28%

28 Ye

3%

3%

3%

3%

3%

64%

12%

12%

29

28%

100
;
.

6,800

;

1,400

283/4

*3%

.

65%,/

4

64 %

w;

•

2,300

4

4,200

wd When distributed, x Ex-dividend.

Transactions at the New York Stock Exchange

Transactions at the New York Curb Exchange

Daily, Weekly and Yearly

Daily, Weekly and Yearly

'

,:

•'.

'•••

'

'

■

Stocks

"'/•'■

Shares

Week Ended May 6,1949

Tuesday

Bond

Bonds

Bonds

Bonds

Bonds

$639,000

$161,000

744,300

1.819,000

331.000

2,136,0G0

574,000

919,120

2.322,000

340,000

778,500

2,323,000

291,400

4,767,322

$12,182,000

$2,070,900

•?

Friday

Total

5,000

Stocks—No.

of

shares

_

.

1948

__

101,924,722

£0,907.515
$282,500

S344.500

660.000

2.695,000

37.214,350

33,323.880

12,182.000

$13,000
45.090
1,818,000
20,146,000

Total

814,267,900

$22,022,000

Si5.COO

2,070.900

Foreign
Railroad & Industrial

—

.




61,000

17,000

219,000

119,000

49,000

6,000

174,000

98,000

44.000

7,000

149,000

96,000

26,000

17,000

139,000

$607,000

$291,000

$50,000

$948,000

Week Ended May 6
1949

Stocks—No.

of shares

:.

1948

Jan. 1 to May 6
1949

1948

1,104,992

'

1,574,8.45

19,850,860

24,656,957

$607,000

$900,000

$13,281,000

$20,658 000

291.000
50,000

476.000

4,137,000

3,370,000

36,000

660,000

854,000

$18,278,000

$24,882,000

Bonds

Government
Bank

141,000

269,842

1948

Bonds

S.

International

—

Total

134,000

Jan. 1 to May 6
1949

7,300,690

4.767,322

—

———

$83,000

1,000

1,104,992

Thursday

—

$2,000

65.000

200,725

Wednesday

$46,000

118,000

240,005

Tuesday

$14,267,900

Total

$35,000

164,550

Monday

Friday
$15,000

Week Ended May 6
1949

__

3.522,000

2,614.400

373,500

2,943,000

Corporate

70,675

Saturday

2.602 000

1

828.832

Government

159,105

2,160.000

.

Domestic

Shares)

6,1949

Foreign

Foreign

of
Week Ended May

2.509 500

$10,000

Bonds (Par Value)

(Number

Sales
$800,000

•

1,182,390

_

Wednesday
Thursday

Stocks

Total

Government

Bank

Foreign

314,180

Saturday
Monday

United States

Int'l

Railroad

Number of and Miscel.

U.

700

-

-

18'/4

*17%

.

600

9%
33%

*32

.

:

21%

93%

18 J/4

653/4

9%

*21

21%

40

1,500

72

71 J/4

9

a

4

50

75'%

9%

65

City Ice & Fuel, r Cash sale, s Special sales,

*73

9s/o

4

940

71

323/4

66

1,800

*69'%

18%-

*32

18%

Products

21%

9%

32%

33

32

8%

21% /

21%

9%

9%

15

65
.

71

71

71

9'%

11,100

66

15

15'A
64

2,800

46%

73

a

73

71'A

*9

9

9%

63'%
*69

9

70 3A

72'/a

71

♦21%

50

15 J/B

63

70

148/a

25'%

46%

15,J/a

10,300

18%
132

45'%

*63

69%

113/8

18'%
*129
25 %

*15,

4,500

77

*11

18%
132

1,300

113/8

11%
*76'%

117/B

18%

12,000

46

*45'%

77

*129

132

5

11'%

•11%

18%

18%

5'/a

1,600

9%

5

46

*45'/4

11%

*11%
*129

93/4,

251/4

*25

25'%

45%

11%

*11%

11%
132

*129

132

*129

.

1

Corp common
4%% preferred

5i/e

5 J/8

4%

9%

9%

9%

9%

9%

451/4

4%

7,300

24%

11%

5

3,600

23%

45

5

400

15%

*30

31%

9%

9%

110

83

26%

/

*53%

...

*

.25

Mfg Co.

Towne

41

82%

*26%

•

41%

40%

82%

27 Va

2,700

40%

40%

27

82%

100

107

/

82%

41%

82%

i

York

41

41%

40%

*104

21,400

24%

*23%

24%
108

*104

108

*99%

100

24%

25

*24%
*104

108

*104

,

41%

':7;4I;V'V'

41

*54

100%

25

*24%

25
108

*104

*26%

Machinery common —i—No pars
Prior pfd 4%%
series
100
Prior pfd 4% % conv series—100
Wright Aeronautical
No pax
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co
5

&

*24%

25
108

v:

Yale

7,000

27%
x22%

93%

-10

(F W)

5,300

28

—

Woolworth

15%

15%

23%

*24

Willys-Overland Motors com——1
$4.50 conv pfd series A—No pax
Wilson & Co Inc common
No par
$4.25 preferred
No par
Wilson-Jones
Co
10
Wisconsin El Pwr Co com
_10
6% preferred
100
Woodward Iron
Co
—10

800

59

*56

15%

27%

*17%

3% Feb
no

2,900

27%

22%

*31

25% Feb

♦Bid and asked prices;

1,600

11%

27%

18%

July

35

3

6%
35%

22%

33

6% May

Dec

*

Co

2,200

6%
11%

7

27%

»17%

14&

Feb

3%

Oil

600

35%

v

15%

15%

(20

22%

*104

1
No par
20
8

15%

15%

-

27%

*31%

74,

Oct

105'%

f 1,500

22%

18

12y4 May

89%

*104'%

a

410
•

27%

33

*19% May

Dec

37%

22%

*17%

Mar 30

Dec

13%

14%

373%

22%

♦31

20

Oct

14%

27%

Young (L A) Spring & Wire_NoPar
Youngstown Sheet & Tube—No pax

17% Apr 29
62% Apr 21

24

15% Feb

preference
preference

Wilcox

18

24

Machine com

Sewing

15%

15%

230

22%

12.50

conv

15%

15%

60

27%

No par
12%
100
100

Wheeling

5

7' 15

90

101%

59

*56

59

50

i

-

105

23%

23%

24

23%
*56

P0-

111

110

28

*25%

28%

-

*25%

23%

Preferred

6%

7

22,800

•

117

T,

7

7

7

*56

30% Apr

11

Jun

Jan

*104

106

*23%

104% Apr

Jan

60% Mar

*103%

59

11

18

58

373/4

37 »/2

37%

37 J/2

106

24

26% Jan

19

94

•103%

;

1,500

,

.,101%

104%

*37 J/8

37%
106

*56%

No par
100

Pacific RR com
series A

Western

26

88% Jan

Nov

104 J/2

103 7/a

*23%

28

Dec

*62

37%

% 105 J/2

*37 Va

120

,

109

14%
373/4

59

97% Jan

Dec

81%

14%
37%

24%

101% Jan

Dec

58% Dec

143/4

27%

4% Feb 26

■'*

1013/4

14%

*57

44% Apr 26

25% May

*101 >/4

14%

*23%

27

14%

Dec

1013/4

14%

*26

4%

8

Jan 24

34% Jan

12%

13%

1013/4

14%

*26 %

28% Feb

\

1013/4

14%

27%

19%

Oct

101%

14%

*26

31% Nov

Jun

1013/4

14%

27%

White

37%

101 %

2,200

:

•

*103'%

1013/4

*101 J/4

110

109

•

105

*25%

20

2

2

19%

11%

16% Mar 30

49%

*103%

35%

55

Feb

111%

110%

105

11%

25% Apr

41% Nov

111

1,600
800

19%

116'A
•

.

35%

5

Jan

110%

■

19'%

•110

ft

12

13% Jan

128

111%
105

813%

v.;

.ft

36%

53 y4 Jan

Jan

109

6%

12

73

117

11%

26

69

110

*108%

35%

48% Jan

10% Nov

*109%

*116J/a

109 '%•

*103 J/2

*110%
*103 J/2

V

105

110 J/4.
116 J/2

116 J/2

*108%

6%

27% Apr

12
May
65% May
17% May

*1093/4

109 3/a
,

11%

18% Jan

Mar

-

117

\

800
100

;

A
.

,

20%

19%

19%

,

<

'
t

</V4 %-:Vv

20'%

*81%

■

19%

,

35%

July

6% Mar
51

110%

a, 109

,

.19%

a-; 19%

11%

15

Feb

110%

'

-

35

89 % Jan

8

19%,":

11%

23% Mar

Jun

19

34%

Feb

27%

19%

-

6"%

22 Ye July

126

Aug

19%

19J/a

11%

24% May

Dec

9% Feb

193/4

34%

Feb

13%

81%»

117

110»/a

12'%

4%

207/a

81%

6%

5

'

*53

*43/8
20 J/4

82 .s'/.V

11%

Jan

27%

Feb

23

4%
20'%

r 1,100

,

16%

4%

*4%

3,100

;

,

13%,

i

*12'A

;

82

19J/2

e

*L3

*16'%

•

<12%;

500
.

23%

*23%

;

:

20%

•

/

18%

19 J/2

r -12%

.

140

55,400

■

.

23-

163/4 ••16%

;

1,300

1

,

.

•123% :

23

163/4-

34%

82 % May

92

,

;

13.'/4
91

12 '/a

13%

,163/4

6%

39% Apr 22

57% Oct

Mar

4%
20%
82

12 J/4

12

v,

.

11%

Jan

Mar

83

13 J/4

:

.

16% v

*16%

.-

•23%

13%

133/a

.<

•

2,200

90 J/4

;•■•■

17

34%

68% Jan 26
17
Mar 30

22

i

,

"v

*23 %•

._1

Lines Inc.
Supply Co
Maryland Ry com
non-cum 2nd pfd

& Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The SS)
20
White
Motor
Co„k
1

37

r

10
100
100

7
Mar 30

102

July

115

Jan

>•

17

Air

30

7

23% Feb

80

;

Auto

29% Apr

22

Dec

23 J/2

24

*23 J/2

'

•"

23 J/2-

Western

25

38% July
36% May

58%

23

16% -.17

Western

12% Jan

25% Nov
'

12 J/2

4,800

,

8

«

13 J/4

903/4

12 J/4

Western

24

22% Mar
'

8

.13'%'

90%

-

,

12%

11

8% Feb

16% July

7% Mar

25

20

*103 J/2

12

4%.

50

l-Jr:

23'%

23%

A

8%

41% Mar 12

24

34% Apr

24

7% Apr

5

4.20%

Apr 21

17% Jan

Mar 25

36

104% May

10% May

34%

41% Jan

108% Jan

4

Jun

110%

38% Feb

100%

preferred series B
100
4.10% preferred series C
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com
No par
4%%
preferred
100

102 %

2

23 J/2;

.13%

13 Va90

-

v' 22%

16%
13%,:

.,*81

109:

Jun

13% Mar

8'/a

»12 'A

16%

20%

18%

183/4

Jun

101% May

-V

20 J/4

82 J/4

19%

111%

Oct

23 J/2

8 '/a

90

?
V

233/4

<*13%
*163/4

43/4

20>/e

;<.;v

:V

12

18 3/4

107

22%

1

12

19%

100
100

;

500
900

ft/ft

104

*102'%

A

,

,27%

2 7'A

v

;

104-

"

113

4%%

23%

13J/a

"

23

,*16%
23%

133/e

l

1

.

8'/a

12%

•

*22 J/2

-

v

24

23%

24

Oct

16% Apr

'•

No par

A

27

*102 J/2

•

22%

13%
91

*90

11%

16%

*233/4

105 % Nov

8

23

*22

•

No par

.

104

•14

*13'%

•

-

'

8%

■

13%

:.

*13%

103% Mar
100%

"

16%

*82

No par

preferred
preferred

1%

'

'•113/4

82 ./
.19%

Corp

West Penn Elec Co com

6

May

/

23

•16%

12 Va

com—2.50

$4 conv preferred
West Indies Sugar

8%

a.-

91

11%

*16%

5
1
5

Inc

Wesson OH & Snowdrift

24
21

19% May
117

25

*

Tobacco

Webster

7

110% Mar 12

108% Mar 22

Jun

Mills——~—-

Wayne Knitting

15% Jan

27% Jan

3

114

119%

Foundry & Pipe.——No par
Petroleum Corp
—3
Washington Gas Light Co__-No par
Waukesha Motor Co
S

11

Jan

8%
13 Va

13 J/8

:'f

11 3/4

11%
*16%

Jan

/

91

92

*22 "

■

8 J/4

265/a

263/a
104

V;

22% ; 22%,

'22%

22 J/2

13%
2 7 J/4.-

200

48

48

49

13%

s

'

a-

-

Warren

14

/

13%

13%

Pictures

Bros

22%

263/4

*48

•13%

133/a

104

*102 J/2

48

'48

.

14

,,<*26 J/2

104 ,5 .;.

*102 J/2

49%

*13%

263/4

26%

v

8%

*91%

-5

Warren

84 % Jan

<104% Mar

1
ulOO

a
_

1

23% Jan

*113% Apr

BakiEg Go common
preferred

5%%

•-

8%

,.*47%

50

„

*13% .14-:

<

104

'

—No par

*48
-

26%

.

22%

„Nopar

7

9

14% Jan

19% July

Feb

Feb

19

G & W_

Co

Warner

24

80% Mar

Jan

26% May

19% Mar

Ward

17% Mar 15

Mar 28

20

34% Aug

100

preferred

4

25

10
11% Apr 21.
3% Jan- 3

6% May

3% Dec

26%

*102%

25% Feb

T6%Feb

26

-No par

Co common

Walworth

3

_10O

22% Jan

7

16%

preferred

No par

Walker (Hiram)

7

12% May

23

12%

8

15% Jan 21

/

20%

4%

21

94% Feb

15% Apr ,t.7

22

Jan

32

Nov

Jan

9% Jan

14
28

3
Apr 25

9% Jan

14 I- May

*19% Nov

Feb

RR 4%%

Walgreen

8

23% Jan

105

25

13% Apr 28

16% July
101

*% Nov
22

7% Feb

13% May

8% Feb

10% Mar
*83% Mar

.<

21% Feb

27% May

9

29% Jan

Feb 24

102

Aug

105

*18% Mar

4

243 356.300

$402,993,780

Foreign

Foreign

366,625,400

$281,513,150

*

Domestic

Total

government
corporate

,

U.

$948,000

$1,412,000.

Number 4801

169

Volume

THE

COMMERCIAL

Bond Record
NOTICE—Prices

,

"and

are

^

shown in

are

The italic letters in the column headed "Interest Period"

.

GOVERNMENT

Year 1848

105 J

Range Since Jan. 1
Lowest

Highest

Sep

105,28 Mar

Sep

i

108.28 May

.

NEW

Highest'

102.22

the

each

deferred
in

week

the

case

(2011)

which

Exchange

No

the week's

taken of

is

account

such

unless

range,

sales in

they

the

are

computing the

82d

of

point,

a

108.13 Jan 26

"Treasury

Feb

.

Treasury
Treasury
Treasury
Treasury

110.23 Mar 11

"Treasury

_

Monday

r

Apr. 30<-

High

Low

*

Tuesday

/
May 3
Low High

-

May 5!

Low

•

-

transactions of

for

the

year.

->

»

'

Saturday

STOCK

only

range

bonds mature.

more

or

disregarded in

are

they occur.

when the
one

27

YEARLY

-

delivery sales

month

'

BONDS.,.*

YORK

EXCHANGE1

Treasury
Treasury

,

108.13 Jan 26

110.23 Mar 11

Dec

in

and

*

v

'

101.18

CHRONICLE

LOW AND HIGH SALE PRICES

Range for Previous

107.4

indicate

in

Figures after decimal point represent

......

.Lowest.

Cash

iootnote

a

WEEKLY

-

interest"—except for income and defaulted bonds.

week, and when outside of the regular weekly range

FINANCIAL

New York Stock

«»
FRIDAY

the

&

;High

Wednesday
May 4
Low

• *

Thursday

'>

May 5
Low
High

High

346s

1949-1952

101,12

101.16

*101,12

101,16

*101.12

101.14

*101.12

101.14

3s

1951-1955

*104.19

104.21

*104.18

104.20

*104.18

104.20

♦104.18

104.20

2%*
2%s

1955-1960

*109

109.3

*108.31

109.2

*108.29

109

*108.27

108.30

1951-1954

*103.19

103.21

*103.18

103.20

2%a

1956-1959

*109.30

110. V

*199.29

2%a
2 Vis
2%*

-1958-1963

*110.20

110.23

*110.20

1960-1965

*111.17

111.20

1949-1953

*101

101.2

*

Friday.

--

-

-

-

Sales for
the Week

May H
Low - High

•

-

Bends <t>

'

*101.12 101.14

*101.11

101.13

♦104.17

104.19

*104.17

104.19

*108.24

,

108.28

*108.23

108.27

•

♦103.18

103.20

*103.17 103.19

♦103.17

103.19

109.30

*109.26

109.29

*109.22

109.26

•109.23

109.27

110.21

*110.17

110.20

*110.14

110.18

*110.15

111.16

*111.10

111.13

*111.8

111.12

•1119

111.13

101.2

*101

101.2

*101

101.2

♦100.31

101.1

*103.18

103.20

110

*109.27

110.23

*110.18

*111.14

111.17

*111.13

*101

101.2

*101-.

11,0.19

'

102.23 Sep

102.23 Sep

101.7

Sep

101.11

101.19

Jun

101.19

Jun

100.24 Mar

100.25

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

Jan

14

Feb

3

104.9
102.1

Mar

li

102.31 Jan
104.9

102.1

Feb

14
3

Mar 11

100.23

Jan

100.26

Apr

100.23

Sep

100.24

Sep

101.12 Feb

9

101.12 Feb

9

100ll6 Sep

101.12

Jdn

101.7

7

101.7

Feb

7

100.7

100.27

6

101.2

Mar 22

16

101.1

Oct

102.26 May
100.7
Oct

Feb

100.18 Jan

May

102.26 May
100.23 Jun

101

Feb

Feb

21

2 Vis
2 Vis
2%»

Treasury
Treasury
Treasury
Treasury

Jan

102.31 Jan

1950-1952

*102.2

1952-1954

2 Vis

*102.2

105.4

—.1962-1967

*102.14
ttt

.1963-1968

f\d

*102

"

.

102.4

*102.2

*102.27

102.29

*102.27 102.29

*102.27

*105.2

102.29

*105.2
'

2 Vis

102.4

*102.27

1956-1958

105.4

*105.1

*105

n

102.18

102.17

*102.1'6 1U2.18

*102.io

102.3

*102.1

102.3

*102

102.2

*101.20

101.22

*101.20

101.22

*101.19

101.21

101.20

*101.18

101.20

*101.18

101.20

*101.17

101.19

*101.17

101.19

*101.17

101.19

*101.17

101.19

*101.16

101.18

101.16

*101.14

101.16

*101.14

101.16

*101.14

101.16

*101.13

101.15

100.29

*100.27

100.29

*100.28

100.30

*100.28

100.30

*100.27

100.29

103.12

*103.8

103.10

*103.7

103.9

*103.5

103.7

*103.6

103.8

"*100.27

*100.28

100.30

*100.27

100.29

2 Vis

Dec 1964-1969

*101.17

101.19

*101.18

101.20

*101.18

2 Vis

1965-1970

*101.18

101.18

*101.17

101.19

2 Vis

1966-1971

*101.13

101.15

*101. 14

2Vis

Jun 1967-1972

*100.27

100.29

*103.10

103.12

*100.27

105.1

*102.15

*101.20

Dec 1967-1972

102.28

*104.31

*102.1

*102

101.22

'

t

100.29

*100.27

100.29

100.29

*100.28

100.30

Treasury

2Vis

1951-1953

*103.2

103.4

*103.1

103.3

*103.1

103.3

*103.1

103.3

*103.

7 Treasury

2 Vis

1952-1955

*102,8

102.10

*102.8

102.10

*102.8

102.10

*102.8

102.10

*102.7

Treasury

2 Vis

1954-1956

*105.12

105.15

*105.11

105.14

*105.11

105.14

*105.10

105.13

103.2

*103

103.2

*102.6

102.8

*105.9 "105.13

*105.9.

105.13
103.16

102.9

5

101.14

Sep

102.13

July

102.30 Feb

9

102.30 Feb

100

Mar

100.4

May

100.13 Jan

2o

100.19 Feb

7

100

Mar

100.2

Feb

100.17 Feb

9

100.21 Feb

16

100.21

Oct

Sep

Dec

101.26 May

100.31

Sep

100.30

Sep

101.18 July
101.19 July

Oct

100.16

9

100.21 Feb

9

101.8

Jan

26

101.8

Jan

26
/

101.18 Feb

9

101.18 Feb

v

9

Apr

*103.13

103.15

*103.12

103.14

*103.13

103.15

*103.13

103.15

*103.14

*100.27

100.29

*100.28

100.30

*100.28

100.30

*100.28

100.30

*100.28

100.30

*100.27

*100.27

100.29

*100.28

100.30

*100.28

100.30

*100.28

100.30

*100.28

100.30

*100.27

*100.3

100.4

*100.3

100.4

*100.3

100.4

*100.3

100.4

*100.3

100.4

*100.3

1949-1951

98.30 May

98.24 Jan

10

94.14

99.30

99.11 Jan

5

May

•Bid and asked price.

99.28 Mar 24
100.24

No sales transacted

May

100.29

100.4

Sep 1949-1951
Dec 1949-1951

*100.9

100.10

*100.9

100.10

*100.9

100.10

*100.9

100.10

*100.9

ldo.io

♦100.9

100.10

*100.17

100.18

*100.17

100.18

*100.17

100.18

*100.17

100.18"

*100.17

100.18

*100.17

100.18

Mar 1950-1952

*100.22

100.23

*100.22

100.23

*100.22

100.23

*100.22

100.23

*100.22

100.23

*100.21

100.22

<

*100.31

101

*100.31

101

*100.31

101

*100.31

101

*100.31

101

*100.30

100.31

*101.12

101.13

*101.12

101.13

*101.12

101.13

*101.12

101.13

*101.11

101.12

*101.11

101.12

,

*101.14

101.16

*101.14

101.16

*101-14

101.16

*101.14

101.16

*101.14

101.16

*101.14

101.16

Sep 1950-1952
1951-1953
1951-1955

Jun 1952-1954

101.19

*101.18

101.19

*101.18

101.19

*101.18

101.19

*101.17

101.18

*101.17

101.23

*101.22

101.23

*101.22

101.23

*101.22

101.23

*101.21

101.22

*101.21

101.22

*103.22

103.25

*103.21

103.24

*103.21

103.24

*103.19

103.22

*103.18

103.22

*103.18

103.22

1950

*100.12

100.13

*100.12

100.13

*100.12

100.13

*100.12

100.13

*100.12

1G0.13

*100.12

•M

;FSv

101.18

*101.22

1953-1955
Bank

*101.18

Dec 1952-1954

,

100.13

for

10-year 2 Vis
25-year 3s

4

this day.

1957

*99.21

1972

tCalled for redemption June

*100.21

15 at par.

RANGE

Friday

BONDS

Interest

New York Stock

Period

Exchange

Last

Sale Price

Week's Range
or Friday's
Low

Odd lot

WEEK

99.21

99.21

*99.25

99.29

*99.27

100

100.21

100.21

*100.21

100.28

100.24

100.24

99.25

101

transaction,

ENDED

MAY

Registered

r

1980

J-D

106

*99.28

100

15,000

101

*100.27

101

10,000

6

High

Jan.1

Low

No.

BONDS

Range Since

Sold

Last

Period

Sale Price

Exchange

106 ,'fi 107 ft

104 Vi

68

or

High

'

107%-

3 Vis Series

3Vis Series No.

.•wie"

1

-

Range Since
Jatif.i

Sold

High

No.

65

Low

63%

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59 % V 62

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.

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J-D >-

18

3Vis Series No.

>

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';

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*62

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Friday's

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J-D

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•

3%6 Series No. 16—

&

100

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3Vis Series No. 15

Corporate Stock

*99.30
*100.28

Friday
Bonds

.

Bid & Asked

City

FOR

a

Transit Unification Issue—
3%

100.29

,

Reconstruction & Development

94.10 Jan

New York

,*103.13 103.15

Jun

Treasury
2s
Treasury 2s
Treasury 2s
Treasury
2s
Treasury 2s
Treasury 2s
Treasury 1 Vis
International

Jan

1956-1959

Jun 1959-1962

-Dec 1959-1962

■

101.13 Mar

101.7

100.7

Treasury 2 Vis
Treasury 2 Vis
Treasury 2Vis
^Treasury 2s
Treasury 2s
Treasury
2s
Treasury 2s

Oct

100.21

100.21 Feb
100.31

9

102.3

*102.26

105.2

102.2

102.3

*101.20

Sep 1967-1972

*102.1

102.3
102.28

102.?6

102.17

*102.15

*102.1

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2Vis

*

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*103.10

'•

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102.2

*102.1

102.29

*100.27

'

•

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.

102.3

7 105.2

101.22

102.16, >102.15 102.17
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65

? J-D

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3Vis Series No. 21
3Vis Series No. 22

.

3%s Series No. 23

Foreign Securities

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mr-,JI

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1958

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1950

J-D

102

1960

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103 %

1961

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1954

J-J

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1966

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93'A

25

1962

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21

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s

f

s

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1949

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14

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112

119

—

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__

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1979

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(Central

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1952

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1978

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1944

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B)

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3Vis Series No. 3

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3Vis Series No. 4

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7

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,■

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11

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12

j-d

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J-D

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*62

3Vis Series No. 13

3Vis Series No.
For footnotes

14.»
see

page




..

31.

_

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63

59

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SECURITIES

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FIRM TRADING MARKETS

Telephone HAnover 2-0050

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3Vis Series No.

29

25

1

FOREIGN SECURITIES SPECIALISTS

3 Vis Series No.

26 y8

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59

64

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3 Vis Series No.

17

67

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1979

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—

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3Vis Series No. 26
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Wertheim &. Co.

...

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New York 4, N. Y.
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.

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28

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■

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»

COMMERCIAL

THE

YORK

NEW

RANGE

Friday
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Interest

New York Stock Exchange

1.

Period

Colombia

(Republic of)—

•

1

A

6s

Of

1926

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of

1927

/

,

__Oct 1961

♦

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6%)

to

1960

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1955

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1962

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s

s

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63

32

81%

,

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M-N

1977

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f

s

extl

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f

s

l-3s

Credit Consortium

46

64%

1977

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10%

i;

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v

9%

V

18

52%

11%
101'/a

__

14

102 %

60

G

11

10%
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514

29

60

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,

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35%

3014

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.

32'4

100%
39%

18

40

32 %

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1952

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J-D

1957

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1945

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1966

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1957

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1965

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38

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94%

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29

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r

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1966

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1969

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Period

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Week's

Last

Interest

BONDS
New York Stock

Jan. 1

Sold

;.

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RECORD

BOND

WEEK ENDED MAY «

Range Since

Bonds

High

J-J

Monday, May 9, 1949

Friday

Friday's

Bid & Asked

A-O

:__1970

FOR

CHRONICLE

FINANCIAL

Week's Range

Last

Sale Price

Low
S

&

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102
99

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AExternal

to

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to

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J-J

(Int reduced

to

see

2.5%)
page

31.




102

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99%

37

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7

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6

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1987
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,_1987

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.

.

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59 Va

,

.

-

.

,

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65

43%

46%

1

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%

51 %

53

51%

53

48%

49

—

•
•

J-J

52

Q-J

52

J-J

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34

65

46%

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May

,,

,

J-J

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1

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72

42

52

108

63

i--

108

91
22
.

49%
49%

78

48

70

—

—

3
—

78%

'•

Volume

THE

Number 4801

169

COMMERCIAL

&

FINANCIAL

CHRONICLE

(2013)

29

NEW YORK BOND RECORD
RANGE

Friday
Interest

Last

Period

BONDS

New York Stock Exchange

Sale Price

"

,

Central

York

New

Central Pacific

(4»A%

gtd gold 4s_1949

1st ref

F-A

1st

3%s

mtge

1974
__1968

B_j.

ser

General

Ref

imp M 3%s series H

2d

Div

1st

consol

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General 4s
&

1st

&

ref

1st

&

series

4%s

102'/a

30 V

100%

101%

V' *10414

__

•;

,

"

103%

105%

101

101

100%

mtge 3VaS___

Bonds

Range Since

Sold

127%

126% 127%

122%

3

iOOVi

99% 100 Vi

128

29

100 %

100'/2 100 Vi

105 Vi

105 Vi

97

5s

97

1st

stamped

Gen< mtge

100%

'*■

105%

1041/4

& Southwestern

1

J-J

*120

127

118

*112

116

11«%

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110% 110%

4

109%

Jan,

111

3

109 Va

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No.

*105% 107%

1965

;

1

.

Low

112

—

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106'A

V

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—

103%

"'

—

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--

;

.

Inc 4%s ser. A

Jan 2015

J-J

64 %

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18

64

95%

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10

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89%

1

64 %

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87 Vi

72

'

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J-J

2000

J-J

cons

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1

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*99

-1971

M-S

*100

mtge 26 ser H

Div

111

F-A.

A-O

1st

Ohio

J-J

*104%

1st cons mtge 3%s ser E

120%

J-J

*145%

M-S

1965

5s__

i

J-J

,1970;

Erie Railroad Co—

100%

105%

Paso

*112 Va

M-N

1995

(NY) 1st cons gold 5s
Elgin Joliet & Eastern Ry 3%s
El

High

1956

Ed El 111

101%

1977*

B

Range
Friday's

L010

East Tenn Va & Ga Div 1st 5s

—

J-D
"

or

Bid & Asked

101%

99%

Sale Price

IO31/2

1958

ref mtge 2%s

ref

19

Last

Period

High

F-A

1989

4s

-

1st

Low

103'

*1011/2

Week's

Interest

New York Stock Exchange

1

4s

0

BONDS

Jan. 1

No.

M-N

"

1989
Chicago Burlington & Qiiincy RR—
gold

High

100 Vi. 100 Vi

I-

—

MAY

Range Since

Sold

M-S

1973

A

100'/a

J-J

1996
1996

&

&

•

-102% 102%

F-A

1992

Impt M-3%8 series D
impt M 3 Vis series E:

Ref &
R

4%s

gold

ENDED

Friday
Bonds

Friday's

Low

.

F-A

Champion Paper & Fibre deb 3s—1965
•Chesapeake & Ohio Ry—»
'
f
Ref-&

WEEK

/

■

,

1 1949)

to Aug

or

Bid & Asked

A-O

3s

Power

& ref series A

1st

-

1974

.

FOR

Week's Range

99

99
__

111%

1985

F-A

1970

F-A

1997

J- J

111

*100% 100%
97%
37

;
'

97%

101

98%
l

94%

38

20

36 V8

75

1

98%

Chicago & Eastern 111 RR—
A Gen

1st

mtge

inc

mtge 3%s

5s

conv

~B-—l

ser

1985

'

M-N

AGen

inc mtge

-Jan 1 2038
Chicago Ind & Louisville Ry—
1st mtge 4s inc ser A_:
A2d mtge 4%s inc ser A

♦120

J-J

4%s__-

A

.75

M-N

Chicago & Erie 1st gold 5s_
.1982
Chicago Gt West 1st 4s series A—1988'
-

38

£0 %

J-J

Jan 1983

J-J

79 Vi

J-J

Chic

Milw St Paul &

1st

mtge

4Vis

conv

*54

';

41%

58

75%

■'

41%
85 Vi

'

*,

54

65

41%

103%

J-J

99 Vi

99%

99% ' ; •I;I

15

99%

Apr

53%

53

54

32

53

Jan 1 2044

Apr

45 Vi

45

45%

44%

54

121

A4s conv inc debs
Goodrich

1st

inc 4Vis

conv

mtge 3s

B

ser

Jan 1 1999

AGen

mtge conv 4Vis

54%

*90 %

94;%

J-J

Chicago Rock Island & Pacific Ry—
1st mtge 4s series A
•___—1994

53%

J-J

1989

u

106% 107

Apr
J-D

Gold 3Vis

1951

91%

:

103 Vi

J-D

Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'eastern Ry—
1st & ref M ~2%-4 Vis.
1994

J-D

Income

2%-4V4S

91

.

1st mtge 3 Vis series F___
-1st mtge 2%s ser G—i__
&

West'n

1st &

ref

Indiana

91%

4 Vis

series

103 % 103 %

2

90%
103

101%

"l

102

''ll.:-

76

76

69 Vi

69%;

75

1st

72%

Cin

Chic

&

General

gold

General

5s

Ref

&

Cin

Wab

1st mortgage
&

3%s

*109%
101 Vi

100

101

102 %

"3

;92

82%
*71

/5V:'

83%

".,;:■

Gas

Terminals

%

120

123%

118% 118 Va

3

116

118 Va

1976

J-J

ser

N__

1990

J"J A

94

94

1

93%

97

ser

0__

2000

J-J

92%

92%

7

92 Va

94

2%s

ser

P_

1982

J-J

'88%

90 %

86 "A

90

2%s ser

2010

J-J

*77%

78 Vi

75

78'A

2Vis

1961

J-J

96

94%

96'/a

62 3A

70'A

mtge

Bay

&

Q

1

R
deb ctfs A

ser

West

118%
94

Feb

jctfs

B

:

;

Ohio

64

.

64

1st

53 %

J-J
J-J

1975

J-J

J-J

& ref

3%s seris

D_.

1969

Jan 2044

Gen mtge inc 4s ser B
Collateral trust 33As
Gulf. States

Util

1st mnrteaee

57%

60

___1968

2%s

__1976

3s

82

82%

;

86%

97

101'/a

66 Vi

74

4

99%

95 Vi

99

1

54%

55 Vi

53

61

97%

36

95%

97%

A-O

*103%

J-J

*102% 102%

97 Vi

103

103 %

101

__

101 Vi

■!

H
1st mtge 2%s__1970

iyyy

Hudson Coal

1962

J-D

62%

Hudson Co Gas

1949

M-N

87 Va

Hudson

1957

F-A

AAdj

Feb 1957

A-O

1970

J-J

105% 105%

2J

104 Va

106%

J-D

105% 105%

3

104%

F-A

*101%

A-O

97

& Manhattan

1st 5s A

97%
124%

4

91

92

95

98 Vi

90'/a

96

101 il

19

10113 101 Jg

103

59%

61

45

59%

67 %

22

22%

68

21%

25%

105'A

—1950

series A

1st gold 5s

963A
121 VA

96 J/2

91

J-J

68%

5

16

96%

97%

J-J

1970

97%

124'/a 125%

M-S

HocKing Valley Ry 1st 4%s
Household Finance Corp 2%s
f 5s

income

_1961

%

5s

22

__

~6

97%

97";/ 101%

Co—
1972

106%

A-O

,

106% 103%

:£

1

105%

108

—1973

A-O

105% 105%

'-20

104

106%

1977

A-O

102'A 102 Vi

8

102

103%

1980

M-N

Illinois Bell Telep 2%s series A
1981
1st mtge 3s series B—
___1978
Illinois Central RR—
1st

41 Vi

45%

12

41%

50%

El

3

M-S

1971

103%

103 % 103%

16

101%

A-O

Vis.™1970

M-S

1955

*105

F-A

4s

*105

1978

J-D

Conn River Pwr

1961

F-A

*106%

1965

A-O

*100

1951

f 33/4S A

Consolidated Cigar Corp 3 Vis
Consolidated

Edison

of

New

105%

106

2

107 %

20

104

Purchased

104%

4

104

Collateral

1

103%

A__;

1982

B

1977

A-O

ser

C

1972

J-D

1972

M-N

ref 3s

series

D

1st & ref mtge 3s ser E_

debentures

Consumers Power
Continental

1979

1st mtge

Baking

Crucible

Steel

§ A Cuba

Northern

1st

series

;■

101%

103%

2

102 'A

105%

26

50

99

•

94

33

:

*80

100 Va

10

93%

36

.

'

'

;•

30%
35

27%'

29 V8

*33%

34 Vi

*33%

35

32'A

35

■

J-D

*~*"V

28

111

102'/a 102V4

104 J/a

104

104 "A

J-J

101

101

101

102'/a

105%
101%

100%

103

102% 103

28

7/;

105'/a

88%

-I'J'"'

103 Va

103%

11

100%

100%

lOlVa

1021/4

81%
*103

45

82%
•'

:

__

;_I_

100% 100%

15

*99% 100%

__1951

J-J

*101% 102 Va

1951

J-J

1951

F-A

3Vis

Div

1st

gold

3Vis

1st gold 4s

Cent

and

*100%
—

•

F-A

Chic

St

L

&

N

107%

791/a

100% 100%

82%

*1017/a 1021/a

gold 3s

103

103%
100 Vi

105% 105%

F-A

101%

8
14
V- 3

'

100 Va

—

O—

.;I.;

—

.-t;

102

101%

101%

102Va

•
—

*102'A 103'A

*100Vi

100%

101 Va

'V'

100%

100%

103

—

"

Joint

1st

1st

&

1st

ref

Illinois

ref

ref

I

series A

1963

J-D

94

941/2

series

5s

4%s

mtge

1963 '

J-D

87%

86%

87%

48

1963

J-D

83 Va

83

83Va

2

1970

J-J

*__

97'/a

4s_J__1950

J-J

100

100

*89

100 %

4s

Ry

Iowa

C

D

ser

Terminal

Indiana 111 &

4s

ser

1st gold

A

94'i

64

92%
86

81%

99%
93%
87

98

"4

100%

100

100%

Indianapolis Union Ry Co—
Ref

&

Imp 2Vis

{International
A 1st

80

25%

J._'

79

33

•

1951

Registered

52

31%

16

95%

47

/./

33 Va
82

101%

3s__

103

101%

70

102V4

F-A

100

101 Va

*35

A-O

J-J

Springfield

107%
102%

101%

M-S

M-N

1951

& Term

Western Lines

102%

215

:

94

_'_

J-D

1946

102%

gold

103

101%

103

Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s
_1951

98%

3

1st

99%
104

*100%

J-J

Div

102%

St Louis Div

96%

98%

101 % 101%

*48

——

J-J

§ AGs series B deposit receipts

96

94%

■

*__

97

19

98%
103%'

*101%

J-J

102

1

106'A 107

*101

__

J-J

1946

rets

12

*101% 102%

J-D

_1952

98 Va

97%
100

103 Va 103'/a

106%

J-D

receipts
A deposit

101

103% 103%

M-N

1st

§ a Deposit receipts
ACuba RR 1st 5s gold

§ A Deposit

J-J

3'/aS
1966
5 Vis____1942

mtge
Ry

M-S

1965

debs

3s

A-O

1975

2%s

103 %

J-D

1968

23/4S

100

J-J

1963

_

Consolidated Natural Gas

9 8'A
*96 Va

•

gold 4s

J-J
J-J

Litchfield

106 Va

M-S

ser

trust

1952

98%
*103

A-O

J-D

Gold

ser

3%s..__.

__

M-N

104 Va

106

—

104%

1952

98Vi
*

M-N

York—

1st

lines

1951
____1955

J-D

_____1953

104%

104 Vi

1951

—1951

vJ-J'I

Refunding 5s
_1955
Debenture 4%s.1966
Cairo Bridge gold 4s
___1950

105 Va

103% 103-%

104%

1951
;

1st

__

104 Vi 104%

J-J

1st & ref mtge 23/4S
1st & ref mtge 2%s

mtge 23/4S

3%s

gold 3 Vis--.
1st gold 3s sterling
Collateral trust, gold 4s
Refunding 4s
:

103%

103 Vi

106% 106%

F-A

s

4s

gold

Extended

1973
Ohio

gold

1st

Ry—»

A

A

6s

Adjustment

A 1st

5s

A 1st

gold

C

ser

Great

series

6s

series

B

A

J-D

RR—

__1952

July 1952

1

series

5s

1986

Northern

A

series

68%

A-O

24

1956
1956

C

J-J
J-J

62%

A-O

69%

§Alnternat Hydro-Elec deb 6s_____1944
Int Rys Cent Amer 1st 5s B
1972

M-N

68%

69

23

59

69%

23%

24

16

21%

26

*61%

J-J

68

53 Va

63

62 Va

62%

20

69%

70

69

*97

53 %

63

67 Va

70 Vi

98

99%

99 %;

D
Dayton Pr & Lt

1st mtge 2%s

1st

mortgage 3s
series A____,
Dayton Union Ry 3%s ser
&

Co

2%s

Y

Lack

1st
A

&

&

Coll

1st

Tr

1963

Denver

&

1973

ser

May 1 2042
&

Light
tr

.

3s

Grande

.

Detroit

mtge

Edison
&

ref

Gen

&

ref

3s

series

2%s

ASecond

gold

Detroit Term

&

102%

S3

92%

81

81

55%

55'i

.

93Va,

55%

'

19

J-J

.

.

0

59 Vi

d59 Vi

61V 2

104

104

*~

—

89 %

—

Apr

eo%

60%

68%

66%

77

98%

98%

96 Va

98%

1990

A-O

27%s

81

87 Vi

55%

Kanawha & Mich 1st gtd gold 4s

68%

Kansas

J-D

J-D

ig
12

59%
103

tit

90

15

105

1966

G

M-S

108

108

J-D

1982

M-S
J-D

gold 4s

1995

J-D

*66%

1995

J-D

*69

1961

M-N

i
4%s
ser

Kansas
1st

City Southern Ry 1st 3s__1950

mtge 4s

ser

1st mtge 3%s

—

91%

597/a

65%

82

B__1976

108

104% 104%
99

108%

108

99 Vi

M-S

*88%

99

108%

2

13

110

104%

105%

1

98%
105 %

31.

100%

101'A

A-O

101

101

A-O

105

104% 105

J-D

104% 104%

"2

1974

A-O
J-J

*114%

J-J

*__
*97

105 %

99%

104%

99%

100%

65

J-J

101%

103%

*100 % 100%

1987

Kentucky & Indiana Term 4%s___1961

101

9

20

100

1961

Plain

J

1961

unguaranteed

A-O

1964

MS

1%

108

101%

103

107 3A

115

--

—

101% 101%

if-8

Laclede Gas Light 4%s conv debs—1963

*170%

A-O

1959

114%

100%

108
*97 Vi

J-J

1997

/

98

J-J

1961

Kings County El L & P 6s
Koppers Co 1st mtge 3s_
{AKreuger & Toll 5s ctfs

114%

—

1%

66

109V4

75

66

71

64%

100

99%

73'A
71

105%

90

88

89

J-J

99%

99%

97%

99%

1937

J-J

*48"%

49'%

F-,4

100 % 100%

2%s_—_______ 1977

For footnotes see page

101

96

10

103

99%

43

96

90

100% 100%

1975

Stamped

108

*._

*102

1968

A

series B___

Kansas City Terminal Ry 23As
Kentucky Central gold 4s
I

87

_1961

debs




City Power & Light 2%s__1976
mortgage 27/8s
1978

4%s

1970

4s
Tunnel

Co

69%
104%

77%

61%

*81.

J-J

1958

1st lien

2.35s

Light.

68

if-a

Lt

1

107%

I—_

tSADul So Shore & Atl gold 5s

Duquesne

J-D

1976

&

1 ■';;

"

Chemical

1959

Pow

96%

>

1993

H

series

Det Tol & Ironton RR 2%s
Dow

Jamestown Frankl & Clear 1st 4s

91

fixed

debentures

conv

Detroit & Mack

101%

Jersey Central

*101% 102%

/

.

;

int)—

3%s series

3s

■

—

(3%

contingent

Gen

;

,.1993
2018

Lake

Salt

&

__

A-O
J-D

(4 Vi %

contingent int)

1%

■

West RR—

mtge ser A

Income

M-N

1973
1977

3%s

__

Denver

103%

II

division

mtge ser A (3% fixed:
1% contingent int)

Income

M-N

*100

K

C

1st

A

M-N

100%

1st

5s

coll

Rio

M-N

98 y8
103 y4

103%

div

4-6s

Power

mtge &

A-O

1993

Western

& Essex

Delaware

J-D

1965

Income rttge due

Morris

*__

J-D

1965

B

debs

M

ref

*99Vi 100

J-J

1978

.

Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
N

A-O

___1978

1st mtge 3s

Deere

1975

46

11

49 %

ion

ioi v4

Lakefront Dock
1st

mtge sf

&

RR

37/eS

ser

Terminal—

A

Lake Sh & Mich Sou gold 3%a

3Vis registered

«

u

69 Vi

1969

debentures

1st- s

!

A

10%

103 V *

*98%

M-N

81%

8

82

M-N

55%

J-J

57

;

__

8

100%

68%

1978

56%

97

60%

'

5

*98%

Apr

.

M

1st

8%

*99% 102

A-O

83%

75

*56

8V4

*101% 101%

A-O

.

mtge inc 5s ser A_____July 2015

Gen

V

Feb

_1959

RR—

1

1977

§A7Vis

D

6

3Vis

System, Inc—7

Sou

&

conv

series

122% 122%

95

79

73%

1st mtge 3s series L
1st mtge 3s series N
Conn Ry & L 1st & ref 4Vis—

3s

4

V 1st & ref 4s series B_-

Commonwealth Edison Co—

1st &

J-J

•

110%

110

1982

Southern

ref

1973

%

109

__

102%

99

J-D

1990

3s

Columbus & Toledo 1st extl

&

*108%;

.

Greyhound Corp 3s debs

102%

rH 0 CO

__

101% 101 Vi
*94

J-D

4s___^1991

debentures

Columbus

J-J

87

100

3Vis

A Debentures

/ 106%

■

1st

4Vis

Hackensack Water

1993

4Vis (stamped modified)
Columbia Gas & Electric Corp—
3!4s debentures

Columbia

103

—

J-D

1993

1st mtge 5Vis series A
1st mtge 5s series B_—
1st mtge 4Vis series C____
&

4

106%

7

B—i

_1952

99%

--

Pittsburgh RR—

Union

Colorado

103'A

103%

100 Vi 100%

J-D

1961

Series D 3Vis gtd ;
Cleve Short Line 1st gtd 4Vis

Cleveland

11

J-J
F-A

St Louis Div 1st coll trust 4s
Cleveland Electric Ilium 3s_„

Cleveland

103

.

V' F-A

Ry—

100

82

3

Gen

103

104%

1966

Louis

Mich Div

101%
102 %

A-O

impt 4Vis series E__1977
&

2

14

1969

1

series

104% 105

102% 102%

—1974

4s

St

*100% 100%

84 Vi

mtge

3s

City Ice & Fuel 2%s debs
City Investing Co 4s debs_
Cleve

M-N

Ry Co—
series B

5Vis

Gulf Mobile &

101 Vi 101%

i M-S

•

1978

mtge gtd 3%s series
mtge 2%s ser G__l

1st

100

—

1st mtge 2%s_1965

Co

83%

mtge

AGreen

77

69

1

J-J

.1975

mortgage 2%s
Cincinnati Union Terminal—

;

F)

*99%

M-S

Gen. mtge
Gen. mtge

103 7/a

J-J

7

1962

1st

104

Gen

98%

J-J

1963

Cine Gas & Elec 1st mtge 2%s

J-D

59

102%

II

*104

Gen

107

*101

J-J

1963

D

1949

65'A

55 V2

M-N

^—1969

:

General 5s series C

91

106

11

J-J

7

4s___ 1952

conv

General

59%

86 %

24

101% 101%

103

54 %

,

1994

1

51%

Chicago Union Station—

Chic

(B

Northern

General

A.Jan 2019

ser

51

V*

Chicago St L & New Orleans 5s___1951

.

53%'

Apr

104 5/8

101%

J.

Great
'

mtge

103

M-S

1956

Gas & Elec of Berg Co cons 5s
General Realty & Utilities Corp—

Chicago <fe North Western Ry—<2nd

59 Vi

V8

65

B

ser

—

7
2

100

102

58%

59

94%

1994

■

of deposit
coll trust 6s

Francisco Sugar

103% 103%
102

M-S

51

85%

'

"7

';

J-D

ACertificates

77%

5

.

41%
85%

M-N

1959

1st & ref 5s series A__j_______1974

87

62%

1

A__Jan 12019

ser

A

>

120%

RR—

Pac

41/28 inc
inc

"22

.

mtge 4s ser A

Gen

"'<

80%
67.

1961

3s:debs_:

Rub

&

{Florida East Coast 1st 4%s

75

118

67

J-J

Jan 2003

Chicago Indiana & Southern 4s—1956

Firestone Tire

46'/a

74%

'

24

113

112

113

81

81

81

81

96%

75

75%

74%

90%

,

1968

J-D

1997

J-D

1997

J-D

.

30

(2014)

COMMERCIAL

THE

&

FINANCIAL

CHRONICLE

Monday, May 9, 1949

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Week's Range
or Friday's

Interest

New York Stock Exchange

Last

Period

Sale Price

Bid & Asked

Low

Lautaro
A 1st

Nitrate
mtge

Co

Ac

MAY

6

Friday
Bonds
'

..

Range Since

Sold

No.

High

Low

Dm

93

93

92%

15

89%

New York Stock Exchange

1970

1964

f-a

1954

stamped
Lehigh Val Harbor Term gtd 5s

F-A

1974

stamped

5s

a-o
F-A

f-a

Lehigh Valley Ry Co NY 4 Vis ext_ 1950
Lehigh Valley RR—
4s stamped modified
3003

93%

93%

93%

•

•

",

J

''

■ •

'

89%

90

90%

88'A

'

63%

j-j

t

4 Vis

101%

JATerminal

62

65

89

57

64%

21

60

72 Va

'

Jf-N

34%

33%

35 %

263

Jf-N

33%

33

33%

14

37%

35%

37%

221

31%

41%

30

40

32 Vi

lst

*95%

J-J

46%

56

4

»

96

d44 J/8

12

35

19%

106%

29

45%

*25

__

55

__

*18%

F-A

Low

39%

*691/2

1982
1978

F-A

1981

—1986

97Vi
105

3-j

mm*.

Jf-N

2014

14

97%

98%

11

103%

105 Vi

101%

1

Jf-N

35%

35%

36

12

32

42%

2003

Jf-N

43

40%

43

72

35

49%

Norfolk Ac Western Ry lst gold 4S.1996
Northern Central gen AC ref 5s
1974

m-a

A-O

69%

67%

69%

74

Gen Ac ref 4 Vis series A
Northern Pacific Railway—

Little Miami gen 4s series A
A Lombard
Electric 7s series a

>1962

i«a

Lorillard (P) Co deb 5s
3s debentures
;
Louisville Gas As Slec 3 Vis

A-O
a-o

*103

107
—

■-..v.

J-D

108 Vi

103

__

103

26%

f-a

107

1963

ao

103% 103%

1966

ms

1979

ms

Ac ref M 3%s series F
2003
1st Ac ref M 2%s series 0____2003
1st & ref M 3%s ser H
2003
St Louis Dlv 2d
gold 3s
I960

a-o

102%

104

106%

107%

3
■

__

—

.

/

109

*11

100%

Q-F
Q -A

60%

2047
2047

J-J

2047

3-j

2047

j-j

1976

registered
Ref & impt 4%s series A
Ref Ac impt 5s series C
Ref Ac impt 5s series D
trust

II

Q-J
Q-J

us

1997

4Vis

i

81

75

108Vi

__

.

100% 101

128%
112'/2

105

6

105

106%
101%

39

61 Vi

99%
98

60'/b

75

58%

Atl Knox Ac Cine Div

(Minn)

91%

94

80

80%

"5

79%

83%

lst

98%

99%

42

98

99%

80

ao

ms

*93

Jf-N

*108

__

lst

mtge 2V4s

lst

*91%

a-o

94

92 Vi

93%

107%

__

1974

mtge 2%s

*56
'79

651%

79

101

14

61 Va

78%

88

88

101

58%

——

80

*87

109 %

lst

3Vis

J-J

1977-

100

88

87%

88

3

1011%

87%

59

101

99%

98%

99% 100
*1011/4

AO

1979

3s

Bell

*98%

A-O

1978

M-N

17

98%

95
95

103%
99%
100

__

M-3

1979

mortgage

Northwestern

F-A

1975

t

mtge 3s
(Wisc) lst mtge 2%s_

64%

'

Northern States Power Co—

1st

85

128

112

ms

Jan 1 2047

81

128% 128'/a

__

1997

registered

Coll

~

79

A-O

1974

4s__

3s

108%

5

~

4s

lien

General lien 3s

50%

107

mtge 5s conv Inc

Prior

.

8

107

106% 106%
—

AGen

123%

107

1

'

1951

1st Ac ref mtge 3s
Louisville As Nashville RR—

120

— —

107

M-N

64%

8

*123

103%

108%

■

108% 108 J/2

A-O

3003

stamped

Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1908
Liggett Ac Myers Tobacco 5s
1951

75

98
105

Norfolk Southern Ry Co—

2003

modified

35

22

73

*102% 103

11-4

46%

35

741%

97Vi

63%
97%

107%

17%

—

Jf-N

3-j

High

'

F-A

stamped modified
Vis registered

4

5s

44Vi

3-3

Jan. 1

No.

107% 107%

55

1943

gold

5s
N Y Telephone 2%s ser D
Ref mtge 3%s ser E
Ref mtge 3s series F_
Niagara •Falls Power 3Visj

70%

62

—

3-3

1963

56

Range Since

Sold

High

1977

Gas 2%s

Corp lst 3Vis

Bonds

Friday's

A-O

-

96%

,

or

Bid & Asked

1993

gtd 4s

IN Y Susquehanna Ac Western Ri*—
8 A lst refunding 5s
1937
5 A 2d gold 4 Vis
1837
§ A General gold 5s
1940

93

■»

lst cons

N Y State Elec &

97

99%

"80

'

Sale Price

Low

93

*99% 100

2003

registered

91%

2

Last

Period

High

N Y Steam

1954

Week's Range

Interest

BONDS

Jan. 1

Navigation Co—

8 F mtge 3 Mis ser A

4s

ENDED

N Y Ac Putnam

.1975

reg

Lehigh Valley Coal Co—
5s stamped
5s

WEEK

Ltd

income

Lehigh Coal

FOR

*97%

—

97

—

97

Telephone—

debentures

*105% 106%

■

■

.:r~

/•;

105%

106%

M
liacy (R H) At Co 2%s debs

.1972

Maine Central RR 4Vis ser A
1st mtge Ac con 4s ser B

M-N

100% 100%

i960

J-D

68 Vi

3-d

92

2

100%

101 Va

13

69 Vi

1954
Manatl Sugar 4s sink
fund__Feb 11957
Manila RR (Southern
Lines) 4s
1959
May Dept Stores 2%s debs
1972
Mead Corp 1st mtge 3s
i960

68 Vi

71%

92

95

92

Metropolitan Edison 1st mtge 2Vis.l974
Michigan Bell Telephone Co—
3 Vis

debentures

M-N

90 Vi

*98

J-D

*100%

Jf-N

iqno

M-5

C

1979
Michigan Cons Gas 1st mtge 3ViSLl969
1st

mtge 2Vis
1st mtge 3%s

Mo Kansas Ac Texas 1st 4s

Prior

lien

40-year
Prior

series

5s

4s

lien

series

4Vis

1st Ac

A

Conv
1st

1st Ac

5s

series

5s

(John)

8

Co

As

82%

85
9

46

53%

71%

28

68

74%

79%

81%

17

79

85%

68 Vi

J-J

46%

70

68 Vi

68 Vi

6

64

69%

J-J

63%

6

61%

71

39

66%

F-A

84

83%

84

42

,75%

J-D
J-D

L

1974

J-D

Jf-S

44%

Jf-S

84

1979

M-N

84

1949

Jf-N

25%

1980

I

a-o

198I

311.

371%

series M

1979

J-D

102% 102%

ref 3s

series N

1977

J-D

103

ref

1981

J-D

1980

J-D

1982

J-D

series

2%s

series P

lst Ac ref 2%s series Q
lst & ref M 3Vis ser R
Tel

2%s

Tel

Ac

debs

1985

184

75%

83%

83 %

84%

48

751/4

25%

161

21%

27

75%
75%

F-A

110
2

'104

104%

101

M-N
J-D

53%

54%

8

53%

77

77%

17

76%

Cons

M-N

1986

Jf-N

1976

101% 101%

a-o

5

72

73

17

71%

93%

15

91

5s

4Vis

Grn

mtge

Conv

deb

Gen

103 >/2

100'A

4J/2S

General

93 J/4

'103% 104V4

103%

7

101%

19

101%

103%

3

101%

103 %

.

103

97%

1

95

94%

94%
*97

103%

98

98%

94%

■mm

98

104%

93%

—

95%

——

*102% 103

100 Vi

103%

5

96 Ve

98%

103

105%

*102% 103%

A-O

103

100%

102%

*104%

105

100%

104 Vi

1041/4

'——

104% 105%

57%

57%

'■

13

58%

55%

69%

103%

104%

103

65

1952

!

1975

*__
*103

A-O

101

103%
__

—

A-O
F-A

113%

1965

J-D

100

1968

J-D

104%

1981

A-O

101

101%

*102

1965

1960

series

A

B

series

series D

4Vis

series B

103%

8

103 Vi

99%

101%

100%

102

113%

__

116

3 Vis

113% 113%

15

99 % 100 Vi

128

98%

23

103%

103 Vi 104 %
91

92%

48

91

101 Vi

92%

30

91%

101 Va

100Vi

19

99i/8

102

23

82%

87

111

1984

A-O

1985

J-J

1963

J-D

34

106%

1960

series F

J-J

A-O

53%

54%

11

51%

Apr

13

13%

15

11%

*103%

91%
100

100

82%

106 V*
110

92%

1952

3 Vis

mtge

Jf-N

J-D

RR—

General

75%

92%

93%

E trust ctfs

sinking fund 4Vis

G°neral

81 J/2

1953

debentures

Pennsylvania

58%

M-N

income debentures..1960

conv

106%.
104%

102%

100% 100 %.

J-J

3'/2 s

106

102%

*104% 105 %

M-S

lst mtge 3s
s
f debentures

102 Vi

1958

1955

1983

1955

debentures

3s

104%

2000

wSSeX lst *td 3 Vis

97%

M-6

Gtd 4s series

84%

103%

1978

Pennsylvania Glass Sand 3 Vis
1960
Pennsylvania Power Ac Light Co—

62%

84
58

•98 y
105

6

103% 103%

A-O

a

84

57

83 Vi

98

Pennsylvania Co—

84%

58

16%"
103 Vi

13

103% 104

A-O

.1987

3%s

27'A

84%

..1988

lst s f gold 4%s
Pennsylvania-Central Airlines—

84%

*

103%

*106%
103%

J-D

debentures
debentures

Paducan Ac 111

46 J/4

84%

24%

M-S

1966

45%

83%

,

F-A

1991

debs

44

'83%

95

32

102% 103

ref 3s

ref 3s

'3J/4S debentures

84%

A

3s

J-D

1971

3 VaS

80%

._1977

96

103% 104%

1970

Pacific

70 %

69

;;

104

lst Ac

87

46

70 Vi

100%

*98% 100%

A-O

1st Ac

102%

•

J-J

J-D

15

J-D

1986

lst Ac

62

€3

F

ser

series

101%

70

Constr M 5s series A
Constr M 4Vis series B
Mountain States Tel Ac Tel
2Vis
3 Vis

*82%

11%

series K

ref 3s

1st Ac

103%

63

Moh'k Ac Malone 1st
gtd gold 4s
Monongahela Ry 3 Vis series B
Morrell

J-J

14

103%

lst Ac ref 3s series J

i-O

gold 5s series H

ref 5s

55 %

20

F-A

1978
A—1960

ser

103

*98% 1001/4

lst Ac ref 3Vis series I

100

102%

55%

1973

3%s

*11%
103

lst &

107%

100

J-J

series G

ref

55 %

A-O

Pacific Gas AC Electric Co—

81

105%

*101% 102%

1979

ref

gold 5 Vis

8

1955

ref

Ac

107%
100

M-S

1973

100

Jan 1967

1st & ref 5s series A

A

mortgage

J-J

1974

102

66

*103%

A-0

1979

I

General 4s

A

107

1948

2%s

D

A

A

11

a-o

1992

B

A

Ac

lst

RR—
A

series

4s_

lst mtge 3s

2%s

105%

101 %

73%

73%

107Vi

Jf-S

1990

ACum adjust 5s series A
{Missouri Pacific RR Co—

A 1st

101%

100

*

Jf-fl

1902

Missouri-Kansas-Texas

mtge

Oklahoma Gas Ac Electric 2%s

103

103%

*101J/4 102

73%

Jf-S

Jan 1971
Jan 1991

guaranteed

Ohio Edison
lst

1001/2

11

*99%

Jf-N

1964

1st mtge 4Vis inc ser A
AGen mtge 4s inc ser A

98

.

100%

...

*104% 105%

J-J

1969

MA Midland of N J 1st ext 5s
1940
Minnesota Mining Ac Mfg
2%s_>1967
Minn St Paul Ac Sault Ste Marie—

91%

97

98%

101% 101%

A-0

—1952

.Ref Ac impt 4 Vis series

85 Vi

18

§ Alst

Oregon-Washington RR 3s

>1951

■.

91%

O
fOgdensburg Ac Lake Champlaln Ry—

687/i

J-J

Michigan CentralJack Lans Ac
Sag 3Vis
1st gold 3 Vis

90%

Jf-N

1

83 % *

Peoples Gas Light Ac Coke Co—
3s

N
Nashville

Chattanooga &
1st mtge 3s ser B
National Dairy Products
3s

1960

F-A

*89%

J-D

100% 100%

J-D

National Steel Corp lst
mtge 3s
Supply 2%s debs

1965

Naugautuck rr ist gold 4s
New England Tel Ac Tel
5s A
1st gtd
38

4 Vis

series

1952

100'/a 100 Vi

10

Jf-N

117% 1171/4

1

"100% 101%

1988

J-J

*106

1986

F-A

Light 3s
1974
New Orleans Great Nor 5s A
1983
New Orleans Ac Northeastern
RR—.
Ref Ac Imp 4Vis series A
1953

lst

gtd 4s

1953
INew Orleans Texas Ac Mexico
RyA 1st
A

5s

A lst
A

5s

series

4 Vis

5 Vis

series

Mew York
Cons

Ref Ac
Ref Ac

series

1956

F-4

1954

Ac

series

J-D

101%

101% 101%

31

99%

101%

M-N

101%

101% 102

16

100%

102 Va

M-N

100% 100%

1

99%

100%

ref

2%s__

^1981

J-D

100% 100%

2

99

103 J/4

lst Ac

ref

100 Vi

2%s

__1978

F-A

*101% 101 %

103%
101'/a

98

...

103%

100%

30

91%

1

105 Vi

Phillips Petroleum 2%s debs

.1964

t-a

Pittsburg Bessemer & L Erie 2%s__1996
Pgh Cine Chic & St Louis Ry

J-D

90

" 95%
93

Cons gtd 4s series F

*9 %

90 J/2

95

87%

92

101%

10%
12

.

91%

28

8%

~6

102% 102%,
*98%

92

93%

95

93%

98%

1

93

*105

1957

Jf-N

*105%

.1960

F-A

*103%

Cons

95

.1983

F-A

*107%

.1964

Jf-N

*110%

.1970

J-D

103

103%

.1973

A-O

102% 103%

10

.1975

A-O

Cons gtd 4J/2S series J.,
Pgh Cine Chic Ac St Louis RR—
Gen

mtge 5s

series A

mtge

mtge -3%s

5s series B

series

M

239

51%

61%

Pittsb Coke Ac Chem 1st mtge 3Vis. .1964

229

54%

66%

A-O

64%

62%

65%

90

60%

73

J-J

70%

68%

70%

129

68%

817/a

66%

67

64%

54%

56

F-A

__

%;
*

F-A

1986

ao

ao
F-4

54

i

F-A

J-D

55
.

,

31

3%s

75

lst mtge 4Vis

series A^

.1958

J-D

52%

61

1st mtge 4J/2S series B_

.1959

A-O

56%

lst mtge 4J/2S series

A-O

40

50%

60%

.1960
C.
Pitts Youngstown Ac Ashtabula Ry-

92
91

*

—

'

53

49%

4

49 %

58

lst gen 5s series B

.1962

94%

98%

lst gen

.1977

Pittston Co 5Vis inc debs
.1964
Potomac Elec Pwr lst mtge 3Vis_. .1966
lst mortgage 3Vis
.1977

90%

17

90%

91

8

86%

100

2

99%

92%

91%
101

,

lst mortgage

99%

96

96

67%

69%

*75

A.2022

May

60%
39%

60 Vi

6

100

Providence Terminal 4s

95

100

Public

67%

38%

1954

Jf-N

M-6

40

102% 102%
7%
8

1955

J-D

3%

1st mtge 2%s._ 1975

V4

99%

page 31.




Service

102%

108

__

103%

103%

111

113%

-110

114%

__

__

—

103

102%
■

102

•'

—'I

85%
99%

107
108

89

101 Vi

10

100%

103

6

101%

103

102%

82

83

2

81%

92

83%

2

82%

92

82%

83%

5

81

92

108

109

3s

168

81

lst Ac

ref mtge
ref

60

69 J/2

193

4

99%

6

37%
102

48 >/4

lst

Ac

debentures

Ac

lst &

ref
ref

3 Vis

mtge. 3s
mtge

mtge

*__

108

J-J

8s
3s

—

99% 100

J-J

*106% 107
*__

J-J

106%

"4

vi

.1956

Jf-8

*__

103

103Vi

.1968

J-J

.2037

J-J

*147%

.2037

J-D

*218

100 Vi

106%

102

99%

M-N

99%
106

—

.

102%

—

*102% 103 %

.1963

Elec

72%

78

78%

61%

.1983

3s__.

100
12

Chester—
June 1902

98%
107

83%

F-A

92

100

5s series C
4Vis series D

lst Ac

J-J

10

J-D

92 Va

102

10%
102%

J-D

1

82

82%

F-A

.1974

98%

*—

67%

102

102 »/4

__

102% 102%

A-O

lst gen

—

*101

J-J

49%

Jf-N

2007

.1965

98%

•>—.

J-J
Jf-N

debentures

.1958
Pittsburgh Steel lst mtge 4Vis
Pittsburgh Ac West Virginia Ry—

51%

J-J

1973

4s

103

85

M-N

51%

45
—

RR—

ser

108

Pittsburgh Consolidation Coal—

J-J

97

9

gtd 4Vis series I.

59

F-A

101%

—

J-D

Cons gtd 4s series G

92% V 97%

63

8%

__

1953

55%

JZ043

see

J-J

*8%

56%

1975

lst 4s

For footnotes

1937

53%

1973

N Y Power & Light

l§ A Philippine Ry lst s f 4s
A Certificates
of deposit

104

Jf-N

IAN Y Ont Ac West ref 4s
A Genera]

106 Vi

1971

58%

2043

Port

110

104Vi

1967

54%

1980

B

Ac Hartford

Ac

109

7

1974

A-0

1999

B

River

2

r,

2%s

F-A

1999

West 4s series A

Haven

116%

110

105%

2%s_

2013

gold 4s

lst Ac ref mtge 4s ser A
AGen mtge conv Inc 4Vis

114

110
105

ref

ref 2%s

2013

Mtge 4s series
Mtge 4s series B

Harlem

*90%

ao

1951

ser

*116
,

16

98%

ref

Ac

Gen

N Y & Harlem gold 3Vis..

A Y New

91%

96

lst Ac

1996

Connecting RR 2%s

4 Vis

105%'

Gen

A

Mew York Chicago Ac St Louis—
Ref mtge 3 Vis ser E
1st mtge 3s ser F
;
lst

/_/

J-J

12

lst

__

93%

Mich Cent coll gold 3 Vis
3Vis registered

M Y Lack

91%

deposit

impt 4 Vis series A
impt 5s series C

N Y Dock

J-J

1961

98%

Cons gtd 4s series H

F-A

If Y Central Ac Hudson River RR—
General mtge 3 Vis
1967
3Vis registered
—1997
Lake Shore coll gold 3 Vis
1998
3Vis registered
1998

M Y

F-A

1977

B

series

5s

General gold 4J/2S series C
Philadelphia Co coll tr 4 Vis
Philadelphia Electric Co—

98%

61%
104%

lst Ac

Central RR Co—

4s

1974

General
i

98%

104%

—

117%

103%

deposit
A—

of

Jf-8

—

101%

deposit

D

of

1980

—

1st Ac

1061/2

100% 101
91%

F-A

106

99%

*103% 105%
101

101%

109% 110

1974

89%
1950

of

Certificates

J-J
J-J

117

*103% 103%
*98

102

100%

deposit..!

C

series

Jf-S

J-J

4-0

of

Certificates

A lst
A

B

Certificates

A lst
A

series

Certificates

*80

100 J/2

102

A-O

Ac

New Orleans Term

*102

100%

105%

98%

.Apr 1990

Pere Marquette Ry 3%s ser D
Phila Bait Ac Wash RR Co—

104%

104

3

4s ext

4s

Peoria Ac Pekin Union Ry 5Vis

100%

1031/4

34

1982

2

891/4

99%

6

104Vi

104

1961

B

debentures

Jersey Power

4

104% 104%
104%

Jf-N

J-D

84%

89

100% 100%

J-D

_1954

New Jersey Bell
-Telephone 3Vis
N J Junction RR
gtd lst 4s

New

4-0

1967

National

Eastern

Ac

A Income

2%s debs. 1970

debentures

debentures

conv

Peoria

St Louis—

__

99%

99%

101%

103 Vi

Gas Co—

.1972

*108%

Jf-N

13

__

—

—

107%

108 Va

146%

__

220

.

— —

148

215

215

104% 104%

13

104

104%

101

14

100%

102

103%

41

7J/2

16

3%

5

5

98 Vt

100

11'A

Q
Quaker Oats 2%s deb

1984

9-J

101

THE

Number 4801

Volume 169

COMMERCIAL

&

FINANCIAL

CHRONICLE

(2015)

31

NEW YORK BOND RECORD
RANGE FOR WEEK tfNDED MAY

Friday
Interest

Exchange

Last

Period

BONDS
New York Stock

G

Sale Price

or

Bonds

Friday's

Bid & Asked

Low

Range Since
Jan. 1

Sold

High

Low

No.

Rochester

Gas

High

Gen

Jf-N

mtge

mice

1977
1967
1967

1969
sinmpcti
1949
stamped-.—1941

M-S

*s

102 Va

1st

104

125

Oil

2%s

*105%
•■'8%

9%

8%

10

10%

10 Va

8V»

Pacific

2%s

106%

105%

—

J-J

12 Vt

Lawr

1971
1996
1996

Adir

1st

M-S

1955

3s series A
gold 58—

Power

&

gold 6s

High

J-J

noova

97%

—

J -J

*—

76

108%

«—

80

79

7100

,101

J-D

100% 100% '

9

F-A

102

5

M-a

1966

A-O

1976

M-N

1967

A-O

1959

M-a

3

*99 % 100%

109%

100

*102% 103
104

104

100%

104

12

100%
103%

103%

-

104%

2%s debs

debentures

3%s debs

Pictures

102

99%

101

100%

103

"

93%

93%

41

92

99% 100 Va

22

99%

92%

92%

80

80

96

75%

5

94%

96

*95% 100Vb

*

80

100%

93 Vs

94 Vb

*93%

80

100%

70

A-O

J-J

1991

C

series

Biscuit 2%s debs

Rubber

S

M-N

1970

.

—,

A-O

1967

deb

3s

M-N

RR—

2%s

mtge

108% 109%

1971

debentures

Ref

United

2%s

2d

Low

1976

Calif

of

Universal

St

Jan. 1

No.

High

1975

3%s

2%s

trust

debentures

Union

J-J

of Mo

& coll

mtge

debentures

Union

U

Baguenay

Range Since

Sold

1968

Union Electric Co

93%

86

19

103%

M-S

4Vis

RR

'86 '/a

86 Vs
'103

M-S

series J

3 Vis

JARut-Cariadlan
l§ARutland

86%

A-O

M-S

mtge 33/4S

Gen

Bonds

U

3s

4%s series D
series H_—
3 Vis series I

Gen ratge

Friday's

or

Bid & Asked

Sale Price

Period

Low

Elec Corp—

&

Last

Interest

BONDS

New York Stock Exchange

-

R
Reading Co 1st As ref 3%z «er D__1998
Reynolds (R J) Tobacco 3s debs„1973

Week's Range

Friday

Week's Range

76
86
-

Bt L Rocky Mt & P 5s

stamped
Bt Louis-San Francisco Ry Co—
1st

"

J-J

4S

2d

certificates

bond

85 «/4

85 >/4

May

mtge 4s

V lst

53

52%

85%

54

53%

212

83

J-J
J-J

J-D
A-O

*102%

Scioto V & N E

M-N

*127

ctfs

bond

1st gtd 4S

1957

1989

*90
102 Va

91

102
*—

108

37

106%

100%

102%

127

J-J
A-O

106

107%

*105

debentures
5s

106

'.98%

99 Va

*98 Va

100%
103%

103% 103%

108%

6

102%

108% 108%

M-a

7

107%

110 "

104

104

'

103%

87%

*85

102%

.J.

98

88

128

100

A-O

1958

mtge 3s series F

1st

103%

106%

M-a

2003

mtge 2%s series E

ref

conv

Va & Southwest 1st gtd 5s

90%

101

ref

3VbS

109%

85%

102'/a

1975
1978

105

M-N

1963

&

1st

61%

105

F-A

series A—1955

4s

g

Virginia Electric & Power Co—

88%

51 Va

108 % 108%

—Nov 1989

inc

RR cons

f 4s series B

s

1st &
*

M-N

1989

Gen & ref gold 5s series A
1990
Bt Paul & Duluth 1st cons gold 4S.1968
St Paul. Union Dept 3 Vis B
1971

4s

Vandalia

100

Cons

series A_—.
1997
A 2nd
mtge inc 4 Vis ser A—Jan 2022
St Louis-Southwestern Ry—

i

>99%

cons

1995

1st lien & ref M 3V»s ser C

M-N

1973

Virginian Ry 3s series B

A-O

99% 100

100

*105%

'

100

96

13

105 Va

103 VB

__

Seaboard Air Line RR Co—
1st mtge 4s series A
AGen mtge 4Vis series

Seagram

(Jos

—1996
Jan 2016

A

& Sons

E)

J-J

J-J

1966

2Vis

100% 101
63

63
*

J-D

1971

A-O

t§ASilesian-Amer Corp coll tr 73.-1941
1965

F-A

1976

J-D

1963

A-O

1979

J-J

Shell

Union

Oil

2Vis

debs

Skelly Oil 2%s debs
Socony-Vacuum Oil 2 Vis
South

&

Nor

Ala

Southern Bell
3s

RR

gtd 5s

;

63%

95 Va

96

96'A
54

95%
*

38

101%

95

123%

100%

103'A

Walker

debentures

1985
1987

J-J

1994

*

Southern

Pacific

Ry 2%s

F-A

San Fr Term

5Vas

A-O

RR 1st ref gtd gold 3%s__2000
Washington Terminal 2%s ser A—1970

F-A

*51

F-A

•*__

72%

77%

Westchester

1950

J-D

1967

J-D

107'/a 107'/a

55

96

88

87%

89

78

86 Va

85

85

86%

54

85

J-D

Co—

RR

'

101%

1961

J-J

1994

5s

J-J

87%

87%

87%

2

84

79%

5

79%

84'A

4

113

113

111 Va

3%s

Power 3%s

Shore

1st

Union

116%

30-year

gen

4s series A

A-O

89%

59

89%

98

gen

6s series A

1956

A-O

101%

100% 101%

45

100 Va

107

2%s

gen

6Vis series A

1956

A-O

103 Va

103 Va 105'A

28

103%

110

1996

J-J

104

J 08

St Louis Div 1st gold 4s
1951
Southwestern Bell Tel 2%s debs_„1985
3 Vis debentures
1983

J-J

ASpokane Internat 1st gold 4Vis__2013
Standard Oil of Calif 2%s debs
1966

Apr

Standard

Oil

(N

J)

deb 2%s

102 Va 102%

30

97 Vi

9

A-O

96%

102%

*105%

M-N

1971

1966

Swift

1972

J-J

1973

M-N

&

27/as

Co

2%s

debs

debentures

Wilson

3V4S

Co

&

1st

1970

§ A 1st

A Certificates
of deposit
§ASu & Du div & term 1st 4s

Winston-Salem

98%

101%

S

B

1st

Central

general

4s

20

100%

101%

59

80 Va

86%

101%

99

101 Si
—

__

—

99%

97

98%

98%

4

99%

99%

2

103%

23

102 Va

104"

«r'—

112 %

113

J-J

99%

103

103

v

•'

99%

96%

-

Ry—

4s

75%

78

52

44%

42%

45

72

M-N

125

74%
49 Va

41 Va

46%

41 Va

1976

J-D

*3'As

1971

J-J

Service

78

74%

77%

J-J

1936

Certificates of deposit
Wisconsin Electric Power,2%s
Public

99%

101%

100 Si

'

A

Wisconsin

.

100

141

„

*97%
"

J-J

"T

99%

100% 100%
*100Si

A-O

1960

mortgage 3s

102

100%

99 Va

J-J

1958

D

101

*100%

100%

M-S

1967

1949

series

97

^Wisconsin

100 Va

99%

10

83%

83

J-D

mtge

63%
62
101 %

26

■"

100'/a 101

J-J

1992

1st

96%

97%

101 Va

M-S

J-J

103%

101%

100

■

M-N

94%

1

83

1949

102 y4

_2

99%

100%,.

J-J

1973

Wheeling Steel 3'As series C

52

98 V*

98'A

152

101

M-S

Gen & ref M 2%s series A

98 V4

101% 101%

54%

52%

100

101

1951

2%s

Mfg

debentures

20

96

109%

54

12

•

M-N

IP'77

&

debentures

97

95%

96

108

32

99% 100"

1951

30

J-J

3

56 Va

52%

May

Wheeling & Lake Erie RR 4s

105%

45%

102'A 102%

F-A

Sunray Oil Corp 2%s debs

46

*41%

Westinghouse El

104

96

103%

107%

'55

1960

2.65s conv

M-N

106%

•

1950

4%s

estate

5s

&

111'A

1

**2

99%
106%

1001/4

Telegraph Co—

Funding & real
25-year gold 5s

&

a_

99%

56%
54

&

Memphis Div 1st gold 5s

55

51

i.—

105 %

100

Devel

90%

55

106%

108% 108%

J-J
M-S

A-O

Devel

89 Va

1966

2361

M-a

Devel

1956

series I

guaranteed

4s

2361

Western

95 Va,

93%

13

93%

93'A
113

gtd

Registered

87%

79%

J-J
J-J

stpd

5s

Western Maryland 1st mtge 4s
1952
Western Pacific 4%s inc A
Jan 2014

101

100

—

West

Ltg

mtge

West Penn

■

1986
1996

mtge 2%s series E

1st mtge 2%s series F
1st mtge 2 Vis series G
Southern Ry 1st cons gold

97

*100Va

104%

'

92%

96 %

(subordinated)

Warren

95 Vt

M-N

92

87%

2

*105% 105%

M-N

96%

100%

2

105% 105%

105%

1970

98%

M-a

1st mtg 3%s ser A-1975

Pacific

debs

97

1977

A

99 Va

98%

"5

88

97

1969

(Oregon Lines)
4Vis

4Vis

88

94 Va

96'/a

72 Va

1981

4 Vis

100%

M-N

debentures 3V4S_1976

conv

76%

,96%

Baking Co—

Gen

Gold

100

74

96

Co—

Gold

M-N

70%

2

98 %

—

*98 Va

J-J

Indiana

70 %

*'97

Apr

83

80%

80 Va

70 %

Apr

(Hiram) G & W 2%s debs_1966

Walworth Co
Ward

debentures

*80%

Apr

-

96%

123

—

Gen mtge 4s inc series A
Jan 1981
Gen mtge inc 4'As series B__Jan 1991
1st mtge 3V4S series B
1971

54

25
100

102 Va 102%,.

2%s

1st

■

Wabash RR Co—

97'A

96

1
5

96'A

123 Vs

2%s

Southern

Southern

•

96

Tel & Tel Co—

debentures

1st

~2

54

W

69%

95%

101

96 Vi

62%

105

96 Va

54

101

J-J

21

"

~5

97%

97%
-105 %

95%

•»

104%

—

97 %

105%

Terminal RR Assn of St Louis—
Ref

&

Ref

Corp

Texas

&

New

&

ref

&

ref

Orleans

M

1st

J-J

1985

M

3 Vis

A-O

-

B

.

series C

1990
2000

J-J

Texas

1st

101%

105%

37

105

106

96%

J-D

1985

Pacific

&

116%

99%

5

105 Ve

96%

2

96

99

A-O

5s

Gen & ref M 3%s series E

Texas

115%

7

#■•101% 101 %

105%

Yonkers

RR—

series

3%s

M-N

1970

116% 116%

A-O

1965

deb

3s

1st

-

2019

imp M 4s series C
imp 2%s series D

&

Texas

gold

Pacific-Missouri

93

7

127

5

118%

19

97%

92%
„

■'

127

99%

98%

98%

a

97%

92

included

127

Third
A

Tol

RR

of

Ave Ry

Adj

1960

1st ref 4s

income 5s

J-D

8

52%

55%

128

26%

25%

26%

278

21%

/

range

n

95%

J-J

94

94

not
sale

the year's range,
d Ex-interest,
e Odd-lot sale
Under-the-rule sale not Included in the year*a range, r Cash
Included

in

tCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77
Bankruptcy Act, or securities assumed by such companies.
.
>

in

the

71%

year's

y Ex-coupon.

range,

impaired

by

maturity.

.

■

.

..

of

45%
102

*Friday's bid and asked prices;

99%

'

99%

*99

„

1976

not

98%

98%

M-8

year's

sale

the

102

50

J-D

1961

the

§Negotiability
100%

54%

A-O

impt 3%s__ 1960

Tri-Continental Corp 2%s debs

101% 101%

J-J

Jan 1960

-

& Ohio Cent ref &

.101%

Power 2%s

included

Pacific—

Orleans 3%s_. 1974

New

in

&

delivery

not

101%

*

Term

Elec Lt

Deferred

IOO'/b

A Bonds

no

sales being transacted during current week.

:/v'

selling flat.

...v..-v'\"

1

.

NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash

in

footnote

a

in

and

the

deferred

week

in

delivery sales

which

AND

YEARLY

RECORD

disregarded in the week's range unless they are the only transactions of the week, and when selling outside the regular weekly range are shown
No account is taken of such sales in computing the range for the year.

are

they occur.

In the

following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, April 30
and ending the current Friday, May 6.
It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
or bond, in which any dealings have occurred during the current year.
h--'.■'
RANGE

Friday
STOCKS—
New York Curb
•

ACF-Brill

Motors

Acme

Aluminum

Acme

Wire

Adam

Hat

Co

Range

Shares

Alloys

Range Since January 1
Low

2%

1,000

10
1

IVb

Jan

3%

"3%

Jan

American Fork & Hoe

4%

Jan

American

1%

Jan

7%

Jan

7%

Jan

700

8V4

Feb

200

5% Mar

6%

500

5%

Feb

7

Apr

92 Va

Jan

95%

Associates

Inc

Alabama

Great

Alabama

Power

Alaska
Alles

Fisher

1

J)

4.20%

Internat

Allied

Products

9%

6V4

6'A

~6'A

6V4

6%

100

94%

94%

94%

5%

5%

5%

3,600

16

16V4

250

x6

6%

1,900

_„3

-

50

pfd^_

Inc

83
•r

200

1

common

Allied

-

1

Appliance
Southern

Airlines

&

(N

Electric

9%

500

Jan

3% May
1% Mar

9%

3%

3%

1

Air-Way

Investing Corp
(Mich)
common

Power

32%

•

Air

Cities

American

Apr

2

Agnew

5

Jan

91

3%

Feb

V

10% Mar

Class

4%%

$2.50

American

Jan

10c
1
1

American

Apr

American

6

Apr

5

6 %

Hard

Rubber

Co__"

Jan

Mar

American

2%

Feb

3%

Apr

American

17%

Jan

American Metal Products

Mfg Co common
Maracaibo

20
25
25

6%

1

Altofer

•

Bros

Aluminum

$3.75

Co

common

of

America

cumulative

common

preferred

•

x6

5Vb

Mar

6

49%

46%

49%

Feb

2,900

46 %

May
Jan

6 Vb May

American

Meter

Jan

American

Potash

Mar

Class

9%
54

96%

97'%

150

93%

98 'A Mar

23%

100

23% Mar

26%

Jan

450

5%

Feb

6%

Jan

Amer

45'A

46%

1,700

44%

Apr

51%

Jan

Chem

class

A

Jan

18%

Jan

45% May

Jan

113% May
2% Jan

111

50
-

2V4

600

2 Vs

250

27 Va

Feb

31%

Apr

x33%

x33% x33%

100

32%

Jan

34%

Apr

13%

Jan

2V4

13

22%

22 Vb

23

300

24%

24

25

5,400

17%

Goods

Industries

Aluminum

Ltd

Mfg

*

common

*

common

23%

*

3%

4 Vb

8%

8%

45%

$6

series

preferred

American Bantam
American

American

Car

Beverage
Book

For footnotes

Co

class A

common

Co
see

1

page

35.




Writ.ine Paper common

5%

U

%

64

64

1?

Apr

1%

Jan

American

IVb

%

Jan

1%

Jan

40

preferred

Anchor Post Products

2,400

1
100

Thread

61

Feb

66

Jan

Angerman Co Inc

common

Feb

51/4

Jan

8

Feb

10'A

Jan
Jan

36

600

34

Feb

41

24 Vs

*

25%

175

23'/8

Jan

28'A Mar

900

22%

Jan

28 V» Mar

21%

Feb

25 Vb

2%

Jan

24 Vb

24

24%

21 Va

21%

22

2

3%

3%

10c

Va

2,300
400

%
75

3 Va

13,100
650

77

58

Jan

5%

B
7

"5%
— —

——

■■

500
—

—

%
77

Feb

4%

5Vb

Feb

6%

4% Mar

5%

71/4

8

Feb

Jan

3% Mar

1/4 Mar

4%

0

1

15% Mar

31/4

16,900

35%

36

*

American

-Mar

Feb

Apr
Mar

31

100

8%

".

Mar

14

100

14V4

"3%

10

Republics

Seal-Kap common
Superpower Corp common

251/4
25'A

31

"

Aluminum
Aluminum

Apr
Jan

22%

__

14V4

Jan

12% Mar.

50

13

•

American

6%

&

Feb
Feb

17%

29% x30 V4

2
*

B *

American

23%
6V4

100

Co

6%

37%

1

Altes Brewing Co

High

1

350

113% 113%

2%

25

common

Mar

"12,600

45%

-1

Co

6

x30 %

25

Laundry Mach
Light & Trac common
preferred

15% Mar

Low

300

18

43%

45

100

Corp common

preferred
convertible
preferred

3%

1
5

19

com

preferred

Apr

Range Since January I

High

17%

*

common

Electric

&

convertible

Mar

6%

1

Gas

Shares

Light—

B

American General

$2

&

Sales
for Week

Range
of Prices

Low

Par

High

Aero

Supply Mfg
Surpass Shoe Stores.^
Ainsworth
Mfg
common..

Sale Price

Week's

Last

New York Curb Exchange

21V4 Mar

2

I

'.

Inc

6

Friday

1

common

MAY

STOCKS—

High

warrants

Stores

ENDED

for Week

of Prices

Low

Par

•

-

WEEK

Sales

Week's

Last
Sale Price

Exchange

FOR

f

Jan
Apr
Jan

Apr
Jan
Mar

COMMERCIAL &

THE

(2016)

32

■»

».

RANGE

y

EXCHANGE

CURB

YORK

NEW

Monday, May 9, 1949

FINANCIAL CHRONICLE

FOR WEEK

ENDED MAY 0
Friday

Friday

Sales

Week's

Last

Range
of Prices

Sale Priee

New York Curb Exchange

Low

Par

for Week

New York Curb

Range Since January 1

Shares

Par

Argus

T

2%

2%

8%

7%

8%

104

2%

Feb

8*4

2*4 May

5*4

3,200
24,100

3%

Jan

8% May
9% May

8%

9%

61,800

5%

Jan

10%

1,200

10%

Jan

10%

Clayton ft Lambert

Jan

8%

8*4

500

6%

Feb

8%

17%

1,800

16%

Feb

19%

22%

22%

200

21% Mar

23 %

8%

8%

700

7% Mar

8%

Apr

Jan

7%

Feb

A Mar

%

Jan

Feb

22%

Jan

*
1

preferred

Aspinook (The) Corp

...

-

f

American dep rets reg

7

£1

Associated Laundries of America

•

Associated Tel ft Tel class A

•

0

"A

Id

20%

——

nr

100

20%

25

1

Atlantic Coast Line Co

2%

2%

2%

5 %

5%

4,600

14%

2,500

Corp warrants
Atlas Plywood Corp

—1

common

4%

10%

10%

200

20

—

com-

I

-

■'
—.

---

——

11%

11%

11%

8

5

25

7*

4%

Mar

Jan

*•

36*4

32% Mar

100

35*4

100

C8->:\ 8

——1

7

4%

4%

4%

Jan

Beau-Brummel Ties

■

14*4

14*4

6%

6%

400

r

—J

common

Apr

10%
5

Bellanca Aircraft common
Bell Tel of Canada common

1%
36%

7%

36%

300

7%

7%

7% May

Jan

26*4

Jan

38

Jan

x45

Apr

1

13%

11%

10%

11%

6%
9

350

(HO) Co common
5*4* prior cum pfd
Borne, Scrymser Co
Bourjols Inc

•

3

5,200

2%
6

650

23%

33

—

Bridgeport Gas Light Co—
Bridgeport Oil Co
Brlllo Mfg Co common

Mar

74

Mar

21%
7

•

15%

Jan

18

5 y8

100

4%

Jan

6

21%

22%

Oil Co

•

21

21

21%

Apr

15

Apr

Feb

15

Jan

Apr

10

£1

11%

11%

£1

Amer dep rets ord
reg
British Columbia Power
class A
Class B

9%

10 %

75

9%

Apr

10s

1%

<1%

100

1%

Feb

•

22%

—

•

Brown Form an
Distillers

—10

Brown Rubber Co
common
Bruce (E L) Co

1

common

'•

•

Bunker Hill ft Sullivan
Burd Piston
Ring Co

2.00

600

2%

9

Anr

10%

1,200

Feb

5*4

Jan

Feb

9%

Jan
Jan

16%

12*4o
20#

20%

4*4

Jan

10%

Apr

6,200

1 am, Mav

;7.

2

12

•

Amer

9%

Feb

12'A

Apr

%

1%
11

Jan

pfd

3%

1,000

3%

Jan

32%

34%

4,500

30%

Feb

%

Jan

6% %

1

preference

—.—

H

I

~4% "4%

"in

Duke

12*4 Mar

Class B

Capital City Products

7%

Carman ft Co

~7%

~7% "7%

5%

Jan

7%

Feb

6%

Feb

7% Mar

20%

Jan

,

125

20%

Power

22

East Gas

3%

1,800

3%

14%

22

Feb

1

10*4

7%

7%

700

7% May

9%

—

__

2

>

-

I

.

"9%

1%

1%

1%

15

8%

50

8%

8%

100

45%

46%

200

3%

15

1,200

3

40%

—'

—

3%

21

May

7Va Mar >7

—

46

1%

1*4 May

8,100

15

10

—

y

■

8%

3%
30

30

Apr

48

Jan

28

4*4 Mar

3%

100

100

74%

74%

77

60

10

10

200

1

1

common

—

30

3*4

Feb
Mar

•

300

1,600
v:

15

-

Jan
Jan

Apr

6%
132

500

2
20

300

Feb

A '/>
Apr

14%

Jan

10%

11,000

2%

Jan

25

26%

Jan

'

200
1

—

-

•

13

10

10%

700

9%

63

150

60%

77%

79

75

'

--

?7%

Jan

3% Mar
32

14%

Jan

Apr

Mar

Jan

Apr

22 Va

13% Feb
20% Mar

62%

10%

.

Jan
Jan

6%

100

13%

13%

13%

•

Jan

12

400

32

—•'

_

2%
23 Vb
f

3*4
32

■'

Jan

10% May
Feb

65

!

£1

ord reg

29

Apr

32%

74

Feb

79

200

2%

\

—

■

d:

V.

«

Apr

1%

Jan

Jan

May

—

—r

7%

Feb

2% Mar
Jan

Feb

11%

4% Mar
10% Mar

5%

Jan

12%

Jan

10

•

v>;

_

■

——

2%

2%

•
_

6%

■

1

Co

Feb

2

-20

Sugar

69

May

77

Feb

750

69

Feb

75

Apr

3%

—,

4%

37% Mar

.

~2

2

500

2

Jan

37% Mar

2%

Feb

Jan

Apr

63

Jan

Apr

54 %

Jan

•

56

53%

56

75

53

•

47%

47

47%

75

47

12%

12%

100

11% Mar

63%

62%

63%

225

60

6%

6%

300

.

Associate#—
—I

shares of beneficial lnt

1
•

ft

"

162

14%

42,900

170%

13%

14%
168

$7 2d pfd A—*

1,490

8%

8%

8%

11,900

12%

1

12%

13%

2,500

6%

*-0

13*4

10c

1%

200
600

1%

2,800

34%

1%,
34

6*4
13%

6%
13

1

Jan

10

150

14% Apr
170% May
8% May

Feb
Feb

6

Jan

9%

Jan

13% May
101%

Apr

Feb

7%

Apr

Feb

13%

Apr

Feb

5%
11

1*4
32

Feb

1% Mar

Jan

35 %

Feb

'

4%

4%

:400

I.
74

1
1
—1$

Corp

10%
140

97

100
-1

Equipment

13*4 Jan
64% Jan

Mar

6% May
"

I—I

Share eommon—

warrants

Derrlok

*

•

]
"

Ltd
Eureka Pipe Line common

Feb

Apr

425

71%

3

71

Esquire Inc

Mar

5

4%

3

70

70

69

Eureka

3,100

69

ft Fuel Assn common—

.%

18,500

15

15

13

15

100

Mar

4

%
.14

;

4*4 Mar
A

Jan
Feb

Apr

Apr

Jan
Feb

18

Jan

36

4%

Jan

Jan

60 Ve

6%
63

85%

—

—

Voting trust ctfs

15

Jan

Falrchlld

J

Fansteel

14%

800

12 Va

Feb

4%

4%

9,900

3%

Feb

12%

11%

12%

7,500

8%

Feb

61

61

10

59%

1

ft Instrument

I*

Engine ft Airplane
Metallurgical

4%

_•

—

55

5

; >;

—

3
.

—

7%
63

6%

900

3

100

First York Corp common

7%

Feb

7% Mar

5

May

3

Jan

3%

3%

3 %

1,000

7%

*700

.

Jan

Feb

9%
3

36%

—10

(Phila)

Fire

Jan

Feb'

35 %

—

Association

Apr
Mar

5%

7

—

Feb
Feb

5%

—

—

Jan

Apr
Jan
Jan

Apr

4

Jan

Fishman

.'•

Be

to

CoStores

6% Mar
7% Mar

7%

Jan

10 Vb

Jan

-

$1

-

-

Amer

dep rets ord reg-

Ford Motor

Ford Motor

of

•

11

225

Jan

225

10% Apr
57% Mar

13%

63%

64 %

Jan

14%

25

14 Va Mar

17%

Feb

Franklin Simon ft Oo Ino common.

8 Vb

9%

2,100

6

600

6

—

8%

8%

Jan

10

Apr

28

16

16

50

14%

65 %
;

Jan

2%

Jan

Apr

Jan

Mar

33

■

Jan

Feb

16

May

4*4*
»nn«r

conv
ifxan

preferred

A*

5%

1,200

4%

Jan

20%

20%

100

17%

Feb

21

21%

21%

Mar

23

5

5%

Feb

21%

50

20

Jan

Feb

'

11

10% Mar

2%

75

--

7

-

France—

Amer

14*4

Jan

600

28

Apr

<

62

9

'

„

*

11

J

1

£1

-

-

—

«2
——

.

of Canada—

Class A non-voting

0

—

2%

28

■"

Jan

5% Mar

Ford Motor Co Ltd—

10

—

61

2%

.

1

16%

13%

-

(MH)

Class B voting-

-

-10O

$8 dlv cum preferred

dep rets bearer
Fort Pitt Brewing Co
Fox (Peter) Brewing

*

35.

88%

5%

320

—

—

500

.

Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines

79% May

%

_

1

—50
1

8%

300

8%

500

8

——

'8%
8*2

8%

.1

.1.28

8

700

'

■

'

8%

9

*4

Apr

400

Jan

8% May

10

Jan

7

Mar

9

Apr

8

Jan

8% Mar
.25 Va

23% Mar

1

;

5/a

5,400

%

■

7%

Feb

'

|
t
,

Apr

9%

14

"3%

V

Apr

Mar

9%

,

Feb

9%

Jan

15%

Apr

600
600

9%

Jan,

133

Jan

Jan

2%

Feb

8

11%

Feb

21 '/a

Jan
Jan

32

,'

Feb

11%

Jan

6

3

9% May

20%

r

9%

•

Equity Corp common
$3 convertible preferred

13% Mar

74% May
9 % Mar

—

~6%
62%

2.60

10




•

33%

;

Mar

26

■

2

page

6

14%

Jan

2

2*4

>

.100

Emsco

111% Mar

2

800

1,900

10

see

Apr
Jan

105% May
8% Mar

Jan

5%

■

9%

14

•

Empire Mill work Corp

Apr

Feb

x4% Mar

'.J

4.

4

10

common

Inc

common

footnotes

Jan

Apr

117%

Mar

-

•30

—

9%

•

Empire District Electrlo 1% pfd

1

—

—

30

100

Chamberlin Co of America

For

'

'

2*4
21

.10$

Option

Apr

3%

Feb

V

Mar

12%

__

3%

100

preference

Charis Corp

102

1,300

•

10

Co

Fairchild Camera

Conv pfd opt dlv ser
Conv pfd opt dlv ser 1929

Cessna Aircraft Co

Apr

7%

.

Electrographic Corp common

Jan

2

—

3%

100
(Central States Elec 6% preferred—100
7% preferred
100

Conv

14%

2%
3%
46

Mar

>

1

A-

Easy Washing Machine class B—

Jan

109

3%

-1

3.50% preferred
Central Ohio Steel ProductsCentral Power ft Light 4% pfd

Century Electric Co

8% Apr
13% Jan

•

Jan

12

V'.V-*

7%

.14%
■

•

''i—

9%
'

•

Electric Bond ft

Central Maine Power Co—

Century Investors

% Mar
1% Jan

30
-

r

2

'

(AM) ft Co
Catalln Corp of America

„

Feb

Mar

,

75

J

2*4

W

'A.;

1

Chem Oo Ltd

Electrlo Power ft Light

5

1

—

A

7%

£1

$5 pfd shares of beneficial lnt-.

Jan

*

Castle

Feb

-

Apr

Apr

31

-

•

preferred series A$6 preferred series B

Jan

2s 0d

Carter (J W) Co common
Casco Products common

1

Jan

100

X12

■>'

>

prior preferred
preferred-

Com

7% May

£1

825

X12

1

$7

Ltd—

dep rets A ord
dep rets B ord

.

5% Mar

10

class B

Eastern States Corp.

— \,r
100

1

1,100

.

30

;

Jan

7%

5

Eastern Malleable iron.

Jan

7%

•

14%

105*4 105%

105%

43

Feb

41%

;

6%

5*4

1,200

ft 2% :•

3%

•

;5% Mar

712 v

250

2%

41%

6%

Mar

7%

•

•

1,800-

12%

7 43

4% *

Eastern

$-

Carr-Consolidated Biscuit Co

Amer

21

20%

—

300

•

2.50
common

7%

-

Apr
Jan

42'

8% Mar

Feb

•

Carolina Power ft Light $5 pfd

Amer

4% May
3% Feb

13,700

•

1

7%

6%

:

>

6% Mar

400

■7 2 %

;~2%

8

ord reg

ft

Amer deo rets

•

1

1,000,
8,100,.

5%

12%

Feb *.

36 % Mar

6%

■:

v

fa':v!6*fc Mar

Jan ?

4%

;

Dunlop Rubber Co Ltd—

100

Carey Baxter ft Kennedy Inc

Carreras

200

5%

•

common

%

%•

14%

.

Jan

•

Canadian Industries Ltd—
7% preferred
Canadian
Marconi

Carnation Co

4%

Feb

7 J/4

4J8

Canadian Industrial Alcohol—

voting
non-voting

300

-1,800 i

6%

—100

Driver Harris Co

20

Canadian Canners Ltd common
Convertible
preferred
Class A

3%

—

8

Camden Fire
Insurance—
Canada Bread Co Ltd
Canada Cement Co Ltd common

15%

,J 5% Mar

Jan

—

1

•

4%

50

,

(5%

8

eommon—

Duval Texas Sulphur.

00#

£1

Calif Cotton Mills Co
California Electric Power

Jan

Jan

2,000 ;

6%

%

88

florp

nrappr

2% Mar

Feb

—

Dominion Textile Co Ltd common

C

Calgary & Edmonton Corp Ltd

Jan

A

8*4

73%

Durham Hosiery class B common.
Duro Test Corp commonII—1
.
-

,

2%

■

Feb

%

40%

•15%

•

American dep rets 5%
Calamba Sugar Estate

Apr

Jan

7% Mar

,,

40%

5%

.

Jan
Mar

14

28%

1,000

.1,900
8%

'

Tar

Duraloy (The)

Cable Electric Products
common
Cables ft Wireless—

1 %

Feb

:?€%

..

Jan

3% Jan

•,

Mar

2,100

?6%

lOo

Dominion Steel ft Coal class B

Jan

100

dep rets

Dominion

Feb

%

1,800

12

Apr

12

103*4

v.:'1

Jan

...1

5

—60c

Domestic Credit Corp class
Dominion Bridge Co Ltd-

Jan

100

A

1%

•

22 %

6,500

10

3

.7100

12%

12

•

83% Mar :

,

400

1

5%

1

Dobeckmun Co common

5
May
11% Mar

%

1%
—

Apr

100

15%

10

%

lb

100

1,100

5

XI4%

14%

7%

500

11%

5

1,400

17% May

3

1 V

Distillers Oo Ltd—

Jan

4%

8%

87%

'

12 % Mar

Jan

17

2

-I.oe

eommon—

Detroit Steel Products

Jan

1,000

11

n

1

Burma

Corp Amer dep rets
Burry Biscuit Corp
Butler (P H) common

2 *4 May

2%

9%

16%

—*

84%

0

Foundry

Detroit Gray Iron
Devoe ft Raynolds

Apr

5

8%

—

2.50

Bruck Mills Ltd class
B

Buckeye Pipe Line

23%

21% Mar

Feb

4%

2%

f>.

—-

2,300

.2.00

Derby Oil Co common
Detroit Gasket ft Manufacturing-

Jan

2

Ino

Delay Stores common
Dennlson Mfg class A
8% debenture.

Jan

9

1

Junior pfd

300

23%

-17%

J an

9 %

*

n«y MinftR Tnn
V .
_
Dayton Rubber Co class A

21% May

19% Mar

200

Jan

2,900

D
Davidson-Brothers

•

British American Tobacco—
Amer dep rets ord
bearer
Amer dep rets ord
reg
British Oelanese Ltd—

Feb

11%

8%

0
100

Mills

Hosiery

Davenport

Feb

11%

3,200

Apr

13 %

13

Apr

103%

.>■•%

—*
-10

Lighting Inc common——
Mfg Co (Mo)

.Apr

Jan

2,200

.27

2flo

;

8

100

12%

1

common

7*4 May
Jan

58%

•160

33%

preferred

Curtis

Jan

12%

-

67%

'3

1

Brewing Oo

Curtis

Apr

5%

5

13

100

,

113%

"l

Jan

1,800

•

Class A-

7%
66%

Jan

Apr

16%

•

Apr

Feb

16

1

Feb

32 %

Jan

Jan

16%

16%

28%

Jan

convertible preferred

5%

5%

7% Mar

Apr

•

•

75

109

•

preferred class A

Cuban Tobacco

Jan

62

20

Brazilian Traction
Light ft Power
Breeze Corp common

Jan

3*4

Feb

26

100

Jan

5% Mar

170

786*4

•
—1

Cuban Atlantic Sugar common

11 % May

Feb

24%

25%

Apr*

4*2

40%

<17%

1
Oo

Crystal Oil Refilling common
$6 preferred

Jan

7%

Apr
Mar

2%

3

14%

13% May

350

•

common

Bohack

British-American

;

Distributing Co

Inc

Crown Drug Co Common

Apr

35%

13%

4%

31%

m

Apr

9

•

13 Yb

Jan

1% May
Feb

7%

17%

4

Crosley Motors Inc..
!__Ii
Crowley Mllner ft Co_
Crown Cent Petrol (Md)
0
Crown Cork Internat'l "A" partlc.
•

Apr

37Va

—,•

Convertible preferred—

Blckford's Inc common
V
Blrdsboro Steel Fdry ft Mach Co
com.*
Blauner's common
J
1
Blue Ridge Corp common

4

18,700

Jan

11 *4

1

Croft

Jan
Jan

2

Feb

400

Apr

12

101% 102%

Creole Petroleum

Mar

5%
10

Jan

33 %

1

—1

14

Feb
Mar

8% Mar

20

Apr

7%

4

65

—00
Courtaulds Ltd—
v
~
7
American dep receipt# (ord reg) —£1

Jan

6%

200

1

Benrus Watch Co Inc
Benson ft Hedges common

cum

16*4

Feb

—I

5%

Feb

*

$1

'

(AS) Shoe Corp

Blumenthal (8) ft Co

Feb

5%

,

Feb
Jan

4%

112% 113

112%

Liquidating Corp.
—•
Smelt Ltd——0

'

Jan

6

13%

100

1

Jan

1,950

1

Utilities

Gas

Corroon ft Revnolds common

Seellg Mfg—

$1.20 convertible A common
Basic Refractories Inc
Baumann (L) ft Co common

Apr

5%

Jan

7%
66 V.y

*

100
100

Cornucopia Gold Mine#

8% Mar

Feb

4% Mar

8,300

34%

35

-

i.
*

Feb

Mar

2,'750

31%

20

Cosden Petroleum common

American shares
Barium Steel Corp
Barlow ft

35*4

35*4

8

3%

40O

2

1%

1

Inc

Consolidated Mining ft

55% Mar

47% Feb

2,200

Jan

7

5*4 Mar

22

37%. 39 Va
4%
4%

•-"38%

Consolidated Royalty OIL.
———10
Continental Car-Na-Var Corp
1

Coro

preferred

4%

49%

Jan

2

800

4%

:1%

preferred, aeries O

ConBol

Locomotive—

Baldwin Rubber Co common
Banco de los Andes—

Beck

48*4

Mar

»

11%

1

Cook Paint ft Varnish Co

49*4

—

Feb

Mar

3%

3,500

5'

6%

1956.

to

Consolidated

Feb

15 %

Jan

11

Apr

4%

Cooper
■■■

13

17

7

Jan

6% Mar

1,300

6%

Continental Fdy ft Machln# Co

Babcock ft Wilcox Co

100

^

•

%

1%

4,800

30

27%

'•4%

series B preferred——

4%%

*

Jan

B
Baldwin

.

4%

Consol G E L P Bait common
,

Jan

11 %

Mar

Vtc ext

Jan

8%

Jan

,23

'

200

Hotel

Commodore

Jan

6

6% Mar

,5

'

1%
6%

<

2C

21%

200

'

.

Jan

2

Compo Shoe Machinery—

200

'

15

6'A

Community Public Service

5

.

150

800

1%

>27%

-

Colt's Manufacturing Co

Jan

7%

'mm

Jan

16
2%

2%

'

Jan

Apr

*

Jan

1

Avery (B P) ft Sons
preferred

14

2%

warrants

3%

7%

1

Colorado Fuel ft Iron

51%

•

Automatlo Steel Products Inc
Automatic Voting Machine

Ayrshire Collieries Corp

14

14%

4%

14%

1

May

39

50

Atlas

Jan

——

Airlines

Apr
Feb

2% May

900

5%

Atlantic Coast Fisheries

16%

12%

•

Colonial Sand ft Stone Co

Industries—

Associated Electric

500

•

Development ordinary

Colonial

14%

-

.

Cockshutt Plow Co common
Colon

47% May

6%
-

20

Club Aluminum Product# Co

Jan
Feb

—

Feb

■

Mfg——4

Apr

17%

—

Apr

1%

Cllnchfield Coal Corp common

114% Mar

113%

8%
17*4

•

%
38%

.,..'>15%.

16
W.

Co.

Claude Neon Inc common

Feb

1

—

Mfg

Clarostat

Jan

1%

2,400

; 45,700

10%

City ft Suburban Homes
Clark Controller Co

Jan

105 *4 Mar

Apr

High

;

V

U
47%

14

,V.

14

City Auto Stamping-

3*4 Mar

Feb

5*4 Mar
103%

10%

9%

17%

15% Mar

2.00

Arkansas Power ft Light $7 pfd

B%

120

2%

Ashland Oil ft Refining Co
conv

600

6

6

•
10

preferred

$1.20

300

6

•

Common class A non-voting

Equipment Corp

3 Vb'

104%

3%

104%

Arkansas Natural Gas common

Aro

325

1
-1
10C
1

Inc

6%

16%

15%

Low

%

46%

Cities Service common

.

Range Since January 1

44*4

1

Mining.

Chief Consolidated

Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
Angostura-Wupperman
Apex-Blec Manufacturing Co
Appalachian Elec Pwr 4%% pfd

Shares

High

Low

,

High

Low

High

for Week

Range
of Prices

Sale Price

Exchange

Sales

Week's

.

Last

STOCKS—

,

STOCKS—

Jan

"9%

Apr

f

THE

Number 4801

169

Volume

CUMMEKU1AL

&

FINANCIAL

CHRONICLE

(2017)

'4-

NEW

YORK
RANGE

Week's

Friday
STOCKS—

:

Last

<

Sale Price

EXCHANGE

ENDED

MAY

Friday
STOCKS—

Shares

Range Since January 1

High

Low

New York Curb

(DEmll)

preferred—

5 %

14 3,4

5%

V.

14 % Mar
88%

500

3%

300

2,500

15%

Jan

Feb

j8

Krueger

Mar,,

1%

Low

Shares

Range Since January 1

High

Low

common

Rubber

9%

Co

Brewing

_1

—

20%

I193/4

-1

20%
7 3/8

12

400

12

10
12

Mar

18%

125

7

—1

Co

High

Feb

103/4 Mar

.19

Knott Corp common.
Kobacker
Stores..

Apr

92%

5% May
l3^ Jan

20 %

May

7%

Jan

Apr

6%

100

100

Feb

12

11%

Jan

12% Mar

May

Apr
Jan.

3%

Apr

33/4

22%

Feb

23%

Feb

8%

28

preferred

conv

1%

3 3/8

1%

Alloys

7

1%

-i

Co
•
•General Builders Supply Corp com—1
6 %

14%

100

i

i

(tollman Mlg Co common
Oeneral

100

.<

*

Co

(IB)

for Week

Range
of Prices

Par

Kleinert

Sales

Week's

Last

>

Sale Price

Exchange

High
Klein

Gatlneau Power Co common-

(►

for Week

of Prices
Low

Par

WEEK

Sales

RatTfl

'■

.

Exchange

New York Curb

CURB

FOR

Apr

8%

Jan

Oeneral Electric Co Ltd—
Amer

Oeneral

•

Oeneral
General

•

Oeneral

<

Georgia
$5

preferred
(AC)

Gilchrist
Glen

250

Jan

8%

Jan

100% Mar

102%

Feb

5%

Feb

4

Jan

3%

3%

2,600

3%

3

4,000

2% Mar

.

-.2%
...

10

100

20

114% 115

150

100-

•

—

•

31

95

* Jan

100

Jan

116

113%
106

~5%

5%

•

Jan

Feb

4

Jan

3,100

Apr

183/4

Jan

10

1,800

16%

Apr

21%

Jan

400

9%

Apr

11 %

1

Globe-Union

5

Inc

7

17%

•

14%

17

17%

10

''

M.

10

14%

300

13%

Jan

14%

800

2%

Jan

*

1% Jan
38% Mar

43

Jan

•

(Adolf) Inc

21

24%

Jan

•

Godchaux Sugars class A
>

Class

:

74%

Jan

80

Feb

%

Jan

$4.50 prior preferred

B
.

Ooldfield Consolidated Mines
•Goodman Mfg Co
Gorham Inc

.

Gorham

class A

U

Jan

53%

Jan

4%

Feb

5%

Jan

14%

Mfg

%

1

I

2

-

.%

"4%

•

.

Corp

common

•

Oreat

Atlantic

Non-voting
:v

-

7%

1st

ft Pacific

conv

States

preferred

V,7't

—

11%

7%

7

A.

100

/

700

7 :

V

140

110

200

.103 %

90'

139% 140

24%

7

24%

24%

22%

22%

common__25c

8%

8%

8%

pfd—

.

Rayon

Apr

v

of

23 S/8

l

dep.

102

-i

<

Feb

%

Hecla

5% %

4%

.;

-1

:

r

:-:

i

w

1

i

1

1

1

100

10%

10 Va

10%

11

li

25,400

%

8%

66%

Feb

78 %

Apr

16 %

Feb

20 %

Jan

111% lllVa

50

111%

Feb

Lynch Corp

12 V«

100

113/8

Apr

13 VB

13%

300

10%

Jan

'133/4

Apr

14 %

14%

400

13

Feb

14 Va

Apr

25

Apr

25

Apr

•

.

*

-

v:7

1

12 Vs

8%

1%

.

MacJdntosh-Hemphill Co

-Maine Public Service
,*

Mangel Stores

I

Co

corn-

Baking Oo

common

«...

1

(The B) Co
Mapes Consolidated Mfg Co

Massey Harris

■

——

•

".

'

*

7/7

—

+-

Jan

Mar

Feb

••■8%

Mar

V

Jan

,

Apr

12%

Feb

10

>

Lock

Hussman

ft

Inc

common

ft

stock

preferred.
Hydro-Electric Securities
_

_

1

.

50

32-%
19%

.:;4::;v

•

36

36

36

1

■'

7__
—

12

■

19

2V4

Feb

23/8 Jan

144

109

Jan
Jan

4

Apr.

6

Apr

3%

Apr

22%

$2

Jan

11%

1,000

Apr

13/4

77-

Jan

4

Jan

2

Feb

12% May

47%

Feb

Midwest

Miller

Oil

Zinc

Co

•

common

Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Imperial Tobacco of Canada
Imperial Tobacco of Oreat Britain
ft Ireland

convertible preferred

500

10>/4

Power

&

Molybdenum Corp
Monogram Pictures
4.40%

Apr

Royalty

-1

Iron

Fireman Mfg v t c
Irving Air Chute
Italian Superpower Corp com cl A

1%

Producers

Apr

Mountain

Feb

22

Feb

7% May
73/4 Mar

11

Jan

11 %

Jan

8% Mar

11%

47

Jan

55%

States

Tel

Julian

ft

Kokenge

Co

common

Tel

ft

Apr

3/4

Feb

1

Jan

Muter

13%

3,700

12%

Feb

14

1%

8,700

"53 k

400

300

Z

*

1%

Feb

143/4

Apr

3% Mar

%

3,200

Jan

2% Mar

5%.

1%
17

Company

•

5%

5%

1,200

;

4%

4%

300

•

Namm's

33%

Corp

Feb

6%

A5%

Inc

1

Kennedy's

cumulative

—

_

Kidde (Walter) ft Oo.
Kimberly-Clark Oorp—
4%% preferred
Kings County Lighting

—

Jan

20%

Jan

Apr
Feb

Jan

Hess

footnotes

see

2%

Jan

10 V4

Jan

Mar

25

Apr

12

Feb

16%

Jan

4%

Jan

100

18 % Mar

19%

Jan

400

20

13%

325

3%

100

21%

21%

19
22

2%

2%

2%

7

6%

7

900

1,800

common

2Va

9

Feb

Mar

22

May

Feb

3

Apr

63/4 Mar

7%

Jan

Feb

32%

Jan

83/8 Mar

10 y*

29%

93%

300

Jan

97

Jan
Feb

24

9

Feb

30

Apr

91

25

89%

Jan

91

98

100

91

98

2%

25
200

169 %

310

33

169 %

2%

168

1

34 V2

75

98

2%

8V4 Mar
3% Mar

33

3%

3%

500

13%

13%

13%

32

323/a

1,100
550

31%

100% 100 Va

V 20

97%

_•

100%

95

May

101%

Apr

2%

167% Mar

"3%

Apr

176

37%

Mar

Apr
Jan
Jan
Jan

Jan

4%

Feb

12% Mar

14%

Jan

3 Va

Jan
Feb

7 33% Feb
103%

Jan

5%

6

-

8,800

125

10

13

13

100

1
•

5%

Apr

9%

Fuel

Gas

21%

100

17

Mar

24

24%

100

24

Apr

28

Apr

2.50

9 3/8

9%

300

Feb

10%

Jan

10

12%

12%

300

11

Feb

13%

Jan

9%

9%

100

9

Feb

12%

Jan

11%

113/4

13

Jan

126 %

Mfg & Stores

common
common

Co

Apr

Neptune Meter
-

1,300

3

Mar

5 Va

3%

5,800

23/4 Mar

3%

Jan

32 Ve

32

323/4

80

29 % Mar

333/4

Apr

34

34

——

9 %

8,900

8%

100

NestM Le

1
3

10

8

%8

8

700

Va

6%

1,200

7%

75/a

100

6

7%

Jan

NeT/

Haven

Clock

&

Watch

x7

100

10%

9%

Mar

9 V4 Mar

Feb

12 % Mar

4 % %

10'%

Jan

Apr

6% Mar

9

7%

8% Mar

Jan

18%

Jan

Apr

700

Apr

3% Mar

3%

3,400

2%

Apr

43/a

9

100

6%

Feb

9

■3

Jan

May

16% Mar

14%

Co.,

79%

230

1%

6,600

Feb

5%

79%

Apr

6Va

Feb

79 % May

87 %

1

Jan

23/8

Jan

57

58

600

93/4

10 3/4

12,600

1%

10%

1%

800

1

Mar

3

1%

convertible preferred
& Arizona Land

8

3%

New Jersey Zinc
Mexico

Feb

3

class A

13

11%

3V4

England Tel & Tel

Feb

Feb
Jan

3

5

common

New

9%
113/8

3%

Corp

13 V4 Mar

Jan

Apr

9

1
30o

Feb

Jan

8%
8

173/4 Mar

*

common

Mur Co

'"'i '

wU'Vl .77'

Jan

Jan

9% Apr

8%
8%

8Ve

4

12%

11% May

4

3

1

Machinery

(Herman)

300

3 Va

3 Va

'

10%

83/4

1

•

113/4

■

20 Va

•

'

National Rubber

Jan

123% Mar

22 3A- Jan

I

25

National Pressure Cooker

Nelson
125

1

3%

•

common

preferred

National Radiator

New

10$
common

...

1
1

page 35.




;

I

1

(•

Mar

New

Park

Jan

5%

Apr

New

Process

263/4

Jan

333/4

Apr

N

Y

Auction

15%

-

2%

—•

105

3V8

350

15%

200

15

Feb

17

Mar

N

Y

3

•

_

J—

Mar

1,900

33%

5

33%
—

103

5%

33%

5

•
60
1

Kirkland Lake G M Oo Ltd
For

_

Feb
Mar

1%

Mar

7%

Jan

Apr

67

Jan

6

Feb

11%

Apr

l3/8

Jan

13/4

Apr

56 Va

"

preferred

King Seeley Oorp
Kingston Products
Kirby Petroleum

6
125

—i*

Inc

Key Oo common

4%

pfd
—

6,300

19

1

common

Bellas

National

Jan

4%

4%

19

100

_

8 %

13

10

National Mallinson Fabrics

Jan

K

_

Feb

N
Nachman

Jan

National Union Radio

Co—

6 %

23

Jan

Apr

1%

National Transit

Kansas Gas ft Electric 7%

8,000

3%

Apr

63/4

4% May

3%

•

Kslser-Prazer Corp

7%

Apr
Apr

SOo

common

National Steel Car Ltd

Kawneer

32 Va

Jan

1%

„

Apr

53/4 May
7
Jan

Jan

100

-1,100

5

1

Feb

31%

2%

13

10

%

•

1

-

8%

100

Jan

Mountain

National

Preference

Jan

7,300

2 Va

Feb

1

Jim Brown Stores common

6%

6%

31%

6%

Apr

Apr

7%

Jefferson Lake Sulphur Co

Jan

1,000

12%

National Breweries

,

Jan

IV4

1

2,100

Jan

National

Jeannette Glass Co common

Feb

9%

Jan

«

3%

10%

May

98

12%

1

800

5%

7%

300

12

3/4
13

Mar

Jan

-5%

1H

pfd

cum

Mt Vernon-Woodborry Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
Muskogee Co common

•
9

•

2%

110%

11

Mar

48

7%

Jan

10 %

7%

£l

6

Jan

7%

Jan

•
10

Jan

3

88 %

Jan

20%

shs_*

Apr

1
1

common

104%

700

~i

•

190

2,000

700

pfd—100

5%

common

400

~7%

Jan

5 Va

9

•

97%

54%

5%

2

108%

53%

109%

7%

73/4

•

Light

Jan

Feb

3% Mar

53/4

l

Montgomery Ward & Co class A____*
Moody Investors partic pfd
•
Morris Plan Corp of America
10c

10%

•

International Safety Razor B
International Utilities common

t

11%

~7%

Apr

6

108 3/4

25

50

4.80% cum pfd series B
Monroe Loan Society com class A

14%

12

2 Vs

31%.

1

1

Mountain States Power

shares

c

50o

common

12%

1,300

11%

50

t

10

Jan

17%

95%

53/8

~i

•

Feb

Feb

200

Jan

Monongahela Power Co—

13%

12

153/4

Feb

1,500

•

Co

Co

4%

•

17% May
17% May

13,300

107

•

International Products

Investors

Feb

Jan

Feb

133/8

Jan

43/4

17%

12
96

coupon

10%

11%

11%

108

International Metal Industries A_

•

9

10

Cigar Machinery
International Hydro-Electric—
■r
Preferred $3.50 series

Registered

6% May

16%

pfd—100

International

Petroleum

650

16%

£1

Insurance Co of North America

International

16%

•

Indianapolis Pwr ft Light 4%

7%

4% Mar

*

Registered

^

6%

£1

1,300

Jan

9%

7% Mar

5%

flOo

Missouri Public Service
Illinois

Feb

32%

3%

5

pfd

Mining Corp of Canada

-

1%

1
v

Refineries

Minnesota

37

45

10

Corp

common

Wohl

4%%

Jan

Feb

l3/8 Mar

3,400

4%

•

Abrasive

Mid-West

Jan

14 V4

2.50

Midwest Piping ft Supply common

2% Mar
18

Co

Mid-West

17%

7 % Mar

700

1093/4 109%
4%

1

dividend shares

non-cum

Mldvale

Jan

1%

15

Midland Oil Corp $1 conv
Midland Steel Products—

Jan
Mar

2

Feb

35

25o

Middle West Corp—
Ex-distribution

Mar

21

79%

Feb

5

1

6% preferred
Micromatic Hone

Jan

—

"?%
15/b

13%

100

Co

Middle States Petroleum class A
Class B v t c

323/4 May

43

'

600

14 y4

Jan

May

68 3/4

125

12%

2 Vb

12%

13 Va

Jan

6%

13%

100

13%

■

l

preferred

Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common

Jan

Feb

Co

Participating preferred

Jan

Jan

Feb

>

,

27 % Mar

•

Metal Textile Corp common

Apr

Mar

A

Jan

31/2 May

——

Iron

8%
19 V4

Feb
Feb

6

;

•

Mfg Co
Chapman ft Scott Corp—

0%%
Mesabl

•Apr

17 Va

30 Vb

V;:

75

3%

42%

107%

■

11

31

ft

Feb

2%

2,700

Johnson

2%
"

-

1

i

common

Warrants

Jan

Feb

136

1,000

4

.

3,000

4

Jan

.

15 % Mar

300

75%

4

nil Ib

3

27 Va May

200

19

•

Hygrade Food Products.

138

73%

75 %

1

.

100 -

-

<yVn»'I-, '■

71'—'' 17

_

350

*

—

1st conv

15%

32

5

warrants-

common

50

137.

32%

•

Refrigerator $2.25 pfd_

Oommon

2,400
-

3 Ve

48 Va
■>'

100

Jan

38

Feb

6% May

3,800

83/4 May

,

6 Vs

«...

1%

Merrltt

Jan

42% May
Feb
■i'S'/'i 9

6

10

Feb

15%

14%

May

40%

r-5

Refining
Mfg Oo

9%

27%

96
74

Feb

300

900
:7."-

1%

Corp

Menasco

May

Jan

3%

13 Va

103/4 Mar

Mar

«.W

3

14%

Jan

11

"7

«.«.

1

Mead

Jan

15%

"6%

•

10

common

8%

•

"

3

McCord

Jan

9

-jt-

2%

$2.50 preferred
McKee (A G) & Co class B
McWilllams Dredging

Jan

£•<: X50V4

9% Jan

51/2

.I'l'I;-.:

138

•

100

(Harvey)
Oil

Feb

Jan

14%

Jan

38

-*-:;

II

McAleer Mfg Co common
5% convertible preferred
McClanahan Oil Co common

Apr

93

375

14%
7

——*

common

43%

3Ve

II" 15

preferred

Humble

Apr

113

',

73/1 Mar

__

10

Manlschewitz

Jan

68

1,600

27%

•

new

"..V

20

334

8 S/8

—

Hubbell

88 Va

Feb

M
•

173/4 Mar

v'

lOVa Mar

,

'

42%

& Co

ft Hardart

Huyler's

100

7./

7%

1

Hurd

10
■-

1,000

y

74

74

;

.5

common

A)

U May

Feb

77%

Apr

-9%

Jan

6%

-

50

■

*

5 %

<A 11

1,200

10%

103/4

1

Holophane

Horn

■.

8%.

Apr

8% Mar

1,500

7%

100

w

Inc

Jan

%

200

Feb

•h,V-1-% Mar-/ :,^;2%
2
1% Feb -

>•••

200.

10%

8%

,

Holly Stores Tna

(Geo

Apr

9%

8

1,025

Feb

8%

6%

Apr

•.15%' May
45%

700

63/4

ft Co class A

Horn ft Hardart

24%

Apr

200

:

111% -Apr

13%

.,7%. Mar

.

•

100

8%

10%

1

Holllnger Consolidated G M
Co

Jan

3,700

8%

6,200

'

ss i J

preferred w w

Border's

400

-

.

13 Va

./"7%

•
•

preferred

Hormel

1%

13

•

; •'

400

-

1%

10%

common

4%

..

A

160

1%
8%

..m

•
_

Henry Holt ft Oo common
Hoe (R)

15%
47'

1%

■

1

5

550

46%

46%

-1

Ooa.

500

9%*.

15%

25

A

00

21%

233/4

19 Vs

Marion Power Shovel

4%

8%

"9%

TIr 5

Rubinstein common.

Class

Jan

76%

-

Mining Co

Helena

Apr

24%

86

International Marine
Communication Co Ltd

4%

•

common

Dept Stores

Jan

25%

May

23%

—

183/4

106% Mar

,.13%, Feb

_•

Hathaway Bakerlec Inc
Hearn

26%

Jan

24 %

—

8%

8%

Jan

21% Mar

50

23

•

Mar

7%

75 V»

38% Mar

7% Mar

100

Light

Haseltlne Corp.

26

Apr

142

Feb

34%

300

Paper common

Brewing

Jan

6% Mar

25

«.<■#

—•

.1$

400

Jan

8

F eb "

xl36%

950

.....5

Hartford

Jan

Jan

11%

Feb

7

•

«...

ctfs

200

85 V4

11%

:

11%

—-

•

Groceterias class

Common

H

Harvard

12%

9V8 Mar

18 3/4

7%. Apr
•5% Apr

35%

no

Electric

Feb

Feb

76 Va

it- 200

34%

Hamilton Bridge Co Ltd
Hartford

Jan
Jan

10%

900

-

Marconi

Hammermill

Jan

13

22%

3/8

3,400

85%

8V4

35%

Utilities $4.40

Lamp

Jan

ft

20% Mar

11

10V4

.-v7

'

:'

II

Longlnes-Wittnauer Watch Co_
Long Island Lighting Co—

Jan

25

Oyptum Lime ft Alabastlne

n*n

6%

Feb

25%

1

ft

1

/:;«%

10%

no

*

100

Grocery Stores Products
Oulf

Apr

100

49% Mar

5'J/k

Apr

23

203/8 Mar

100

400

53A

1,500

Tea—

preferred

Oreat Northern Paper
t

■

10 '/a

5

23

preferred A ctfs of dep—

200

10%

_1

-

stock

common

8%

pfd—29

63/4 Mar

''

Locke Steel Chain.
Lone Star Gas Co. (Texas)

'

Graham-PaigeMotors 9%
Grand Rapids Varnish
Oray Mfg Co

Jan

6% preferred B ctfs of dep
Louisiana Land ft Exploration
Louisiana Power ft Light $6 pfd

4 3/4
56 Va

52

10

common

Mar

3,700

50

-

5%

%

I

Jan

52%

2

1

common—

200

6%

Class B
Oobel

8 Va

9% Mar

%

B

Loblaw

Jan

2%

■

Jan

1

Lipton (Thos J) Inc 6%
Lit Brothers common

25

Coal

7%

Apr

Jan

•

Glenmore Distilleries class B

23

SI

Lionel

Jan

Apr

1,900

I

common

Line Material Co

Jan

9%

Realty

23

Jan

13 3/4

6 Va

6

I

5%

Jan

13

x7%

I

—

Jan

Apr

8%

100

4%

12 Va

8

13%

4

3,500

8%

4%
12%

1

La Salle Extension
University

Lefcourt

xll% xll%

1

Leonard Oil Development
Le Tourneau (RG) Inc

Feb

55/s
'

I
—1

Lamson Corp of Delaware
Lanston Monotype Machine

Mar

106%

14% Mar

i*i-

—

.

May

,.

Company

L'Aiglon

Feb

353/4

102 %

7

Laclede-Ohrlsty

Apparel Inc
Lake Bhore Mines Ltd
La key Foundry ft Machine

6% Mar

Apr

2%

~3~%

.

Mar

7%

200

31%

102 Va

•

common

Co—

Alden

5"%

1,200

8

7%

31%

1

Gladding McBean Ac Co

i

7%
__

•

Giant Yellow knife Gold Mines

.Gilbert

6%

6

G'/a

1

10

r

Fireprooflng common
-*
Outdoor Adr 6%
pfd
100
Phoenix Corp
a
1
Plywood Corp common——50c
Public Service $6 preferred—*
Power $0 preferred
•

(Oeneral
•

J

£1

dep rets ord reg
Oeneral Finance Corp common
6 % preferred series A

"•*"

——

2%
-

■

2%

11%

11%

700

1 Va

1ft

1,800

1,700

...

Jan

N

9%

Feb

12%

Jan

N

1

Apr

1%

Jan

2% May

&

Mining Co
Co
Co

65

common

Honduras

Rosario

Y

Shipbuilding
shares

75

250

Jan

Apr

8%

Jan

263/4

Feb

30 %

Apr

Apr

29

29%

11

Merchandise.

Y

Founders

Apr

8%

common

11V*

150

10%

18

18

100

16% • Jan

13%

Feb

20

Apr

Corp—
18

33

U

THE

(2018)

COMMERCIAL

NEW

YORK
RANGE

Friday
STOCKS—

Last

Sale Price

Low

Niagara Hudson Power
5%

common

1st preferred

5%' 2d

preferred
optional warrants
Niagara Share Corp class B com
Class. B

Nfles-Bferaent-Pond

.

•

Mtpisxung

class A.

Rayon

North

American

North Central
Northeast

North

Securities

90

92%

Jan

%

1,500

y8

Feb

1,600

9%

Jan

10%

—-7%

Jan

<

500

8%

Apr

10%
9%

%

bUO

28 Va

30%

400

28

id

12%
"2%

..

Northern Indiana Puh Sery 5%

pfd.10®
_1
:
•

13

2%

tfuO

Northrop Aircraft Inc
Novadel-Agene Corp

102

103

6%

-5%

75

t*%

87

5%'

1
49

Ltd common

Shares

Range Since January 1

High

Low

High

13

Jan
Jan
Jan

2

Apr

Bcullhx Steel

14

Jan

151/a Jan

Feb

3y.

Jan

89

Apr
Feb

102% Feb

Jan

11%
151/2

May

Jan
Jan

eo

Securities Corp General

8%

l7/a

2%'

2>600

2'/4

3,100

>

2

2%

3%

16

3%

£,

1%

3%

,

1%
21%

23

14.

14.

14'/4

1%

l'/a

.1,600

V

3%

1%

-

21% May
13

'

28%

Apr

.

2%

2%

Jan

Jan
Jan

2

Apr

17%

Jan

1%

Jan

Feb

Feb

16%
3%

.Feb

19%

Jan

73%

Jan

78%

Feb

78%

Feb

1

10,100

2%

.

-

Mar

15% Mar
2%

Jan
Jan

19%- Jan

•

1% 'Mar'

5.

stock

Convertible

Feb

2%

16% Apr

"
.1

Inc common

Selected Industries

Jan

1%

800

1,800

*
1

Jan

•2% Mar

Jan

31%

300

1

Jan

11%

,v'l%-> Feb

-1

Seeman Bros Inc

Segal Lock Se Hardware
Selhy Shoe Go

81/2

19%

•/

,.

6% Mar

500

1%
22'%

Feb

7

9,300

'

—•

common

,

.

5% May

500

,

7Va

:''2%/::/<

Samson United .Corp

1,400

17;

16%

7%

1

Salt Dome Oil Co

6

5%

17

37

5% May

400

Corp

preferred

conv

37%

May

101%

6,0u0

14%

14

14

10

Lawrence
1st

Apr
Feb

11%

600

I

2%
87

103

87"

87.

9.1/2 Mar

11

•'

-30

Apr

St

pommon—i---—1;
Savoy Oil Inc (Del)
1
25t
Sayre & Fisher Brick Co
.1,
Schulte (D A)
Inc common.,
1
Scovili Manufacturing
25

Mar

1%

-1

Co.

Low

Par

Apr

100

131%

18

§

Oil

Texas

RR

Jan

7%

•

Airlines.

Penn

Apr

%

for Week

Range
of Prices

Apr

96 y4

Sales

Week's

Last

Sale Price

Apr

94%

30

•

Utility

11%

IOO1/2

100

30-

_•

Class B common

Jan

37,400

—9

Mines

North. American

6

New York Curb Exchange

94 '/2 Mar

11

9

MAY

High

AW" ,8% >.-...1,900

5

Nineteen Hundred Corp common

Low

High

ft
-

EXCHANGE

ENDED

Friday

97

10

Monday, May 9, 1949

STOCKS—

94

8

WEEK

Range Since January 1

10%

—

L—i—

Shares

96%

11

1
-—100
100

CURB

for Week

Range
of Prices

Par

FOR

CHRONICLE

FINANCIAL

Sales

Week's

New York Curb Exchange

&

16

-v

•

Jan

75.

75/..

200

Apr

37/a

3%

100

3

Jan

5

3

25

$5.50

18-

77

prior stock
Allotment certificates

1&%

3

100

2%

Apr

; 4%

Jan

Jk

Jan

u

Apr

13%

Jan

.

1,400

I

Semler

O
Corp

Ogden
Ohio

Brass

class

Oklahoma
Ola

B

*

common

preferred

Natural Gas

100

i

new

15

com

Distillery..

39%

>

30%

30 Va

Filters

8%

class B

2

200
:

39%

,

50
80

xl06% 108

1

Apr

31%

8%

100

8I/2

Jan

91/a

12%

7 i/a

14

'

Jan
Jan

81/4 May

Jan

<7

Mar

14

Apr

14% May

1,000

8%

Apr
Feb

227/a

Apr

11

1

Jan

30y2

2,700

Jan

40% Mar

112

2,100

141/4 .15%

Securities

«.

Feb

3iya

1

O'okiep Copper Co Ltd Amer shares

2%

Feb

35% Jan
1061/4

•

Omar Inc

Overseas

2

2

39%
108

•

Pomdexter

Oliver United

Sentinel

30o

common

Co

Ohio Power 4%%

B)

(R

1
1
1.
—1
-•
fl

Inc

Radio

Corp

common

Control
Serrick Corp class B

Sentry

Safety

Seton

Leather

common

Shattuck Denn Mining
Shelter Mfg Co

Sherwin-Williams

Shoe Corp of America class A

Pacific

Gas & Elec

5% %

Lighting

6%

32%

337/a

700

36

Jan

30%

30 y2

600

29%

Apr

32%

Jan

100% 100%

375

100%

Apr

104%

Jan

94

Jan

98

Mar

15

1st

-23

pfd

Feb

171/2 Mar

337/a

-28

$5

preferred
Pacific Power & Light 5% pfd—I

100%
-100

Pacific Public Service com

$1.30

1st

23%

Paramount Motors
Parker

Pen

2%

Patchogue

,

-1

I

Patican

Plymouth

Co

-1

Ltd

common

•

Corp

common

Governor

150

231/2

150

27%

100

Jan

5i/a

Apr

Amer

Coast

Corp common

South

Penn

Oil

&

.' Jan

2%

8,170

1

Feb

3

Jan

2% Mar

100%

Jan

4%

Jan

225

35%

300

3

3%

1,100

52

551/4

1,500

35%

1051/a
41'A

50%

Jan

597/a

Feb

10

Apr
Mar

i 11

Feb

137/a

Apr

Standard

7%

200

7

Jan

8%

Jan

Feb

24!%

convertible preferred
Standard Forgings Corp
:

21S

1,500

2%

Jan

Jan

ft

2%

1,000

1%

Feb

2%

Apr
Apr

11 *

11%

1,900

Xl0%

Feb

11%

Jan

'36%

Feb

39

2%

2%
11

Mar

__I_2.50

America

Producers Corp

of Nevada
Prosperity Co class B

1

~~

__

of

preferred..

prior

&

$7

64%

62

Feb

69%

Feb

Standard-Thomson

17%

18

19%

3,100

17

Apr

25%

Jan

Standard Tube class B_

3% Mar

preferred

5%

(The)

32%
'

750

8%
xll

8%

xlO%

1%

1,000

%

Feb

3

Jan

3%

Feb

500

71/4

Apr

8

Jan

3%

3%

200

2% Mar

27%

27%

1,300

27%

421/2

42%

27%

28%

1,800

29%

28%

30

6,200

27%

27

27%

1,800

24%

23%

24%

1,000

21%

2'%

Jan

350

-16%

Mar

18 Va

—

9'%

30'/a

1%

Feb

Jan

11%

Jan

(Hugo) Corp
Stop & Shop Inc

Apr

1%

Jan

Stroock

81/4

Jan

Sunbeam

lQi/4

Jan

Sun Ray

Jan

Superior Tool & Die Co
Swan Finch Oil Corp

95%

Jan

100%

9

51%

Jan

Feb
Jan

,

300

,

3%

6% May
2% Jan

Stinnes

5
1
*
•
25c
•
1
18

common

Corp
Drug common

Apr

21%

Feb

Jan

2% Mar

Jan

3'/4

Jan

Jan

75

Apr

20

Apr

24'/2

Jan

Apr

5 %

Jan

15

Jan

•: 7

•

May

;l'/a

,

Jan

.

*

7/a

800

V

31/4/.

700

..

.

625

10% 1-

17'«

.

3%

67%
•

300

%

2%

% Mar

rr.

3'% May ;
Feb

>i.-

.;4% -fJan

10

*2,800

i

I2V2 -Jan

% Mar

2% "Apr

10%
13

13

150

31

Feb

12% Mar

10 Va

Jan

13%

Jan

41

Feb

x28

Apr

100

5

Mar

16%

325

14

Apr

2%

2%

200

9%

Jan

650

5%

16%

'

„

31%

5%

9%

75

Jan

12'/4

"7

Apr
Jan

2%

11%

~6%
■'
>

Apr

7%

2

"

1,400

1

2%
139

2'/2

5%

Jan

17

Apr

3

Apr

9% May

Jan

11V2 "Jan

98'% Mar

Mar

14%

Apr

.1%

112%

100

x2%

3

3 Va

250

Jan
Jan

2V»

800

10 Va

500

30 Va

3%

3%

151/4

10%

Feb
Feb

200

10%

10y4

Mar

6%

X21/4
3%

Feb

May

1%

6%

3%

19

28%

3

■

Apr

4% Mar

1,500

.

1

125

97/a

/'• 9

% Mar

3,600

..

134% 136

•

981%

15,
10%

2

-

100

9%

29%

1%

Stetson

11/4

Tq

19

30%

Jan

7%

Jan

18% Mar

951/a

lO'/a

Jan

%

500

7

800

4%

200

'■.•Li

1.300

Apr/

Feb

4%

1

Co common

Jan

31%

19%

4%

___1

com

39

Feb

Jan
Jan

2% Mar

-

8%

Brewers

941/a

31%

6%

6 % Mar

Aluminum

Products

26'/4 Mar

100

{Sterling Engine Co
Sterling Inc.—

225

23% May
4% Apr

-

29'/4

19

4%

1
_._20

Feb

May

1,600

Sterling

Inc

30

26% Mar

310

971/4

Jan

Apr

29%

Apr
Mar

7'/a

Sterling

97%

27%

"%

450

Apr.

44

Jan
Jan

7

71/4

21%

Jan

Jan

Jan

3%

74

9%

18

—■

21

7%

Apr

37

100

73%

400

Apr

3%
36%

'28

200

3

...

95 a

95%

34
3

33%

•'./:

73%

9%

98%

27%

40

27%

1

common

81 Co

l'/a

141%

1

•

(S)

Apr

1,500

•

1. %,,

12%

%

1
;

2,000

8%
11

Jan

26% Mar

Jan

7%

Steel Co of Canada.

(J B)

93

Jan

8%

3'/a

Jan

,

Feb

7%

Jan

■!

3%

3

Apr

321/2 May

Jan

2% Mar

1,300

Stein

1%

II*
8

%

1

Corp

38
Jan
81/2 May

,

Jan

236%

7%

8%

931/4 Mar

33 Va

7%

Mar

3
.

141/2

"

Jan

Apr

25%

10%

Feb

5%

41/2

I 88% Apr

"9%

"5%

1

Co

Corp

& Co

Apr

May

291/4

700

Jan

(A)

16

Feb

223

140

/

3

2%

6V» Apr

1.200

1,100
.:

4%

4% Mar

2,300

6%
•).».'

33%

•
com

3

■

6%
234

12%

Jan

Light—

Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing

Products

Superior Portland Cement, Inc
100

6'%
232

11% Mar

5%
6%

6%

•

_

6'%

—

•

400

Standard

Jan

13%

Jan

May

3%

Mar

20

28 % May
6 '/a May

50

•

preferred

200

11%

28%

1
—10
—1

(Ky)

38

Colorado—

cumulative

Oil

Standard Power & Light com
Common class B

63

•

"

Providence Gas
Service

1

common

$1.60

38

•
.

Corp

64%

;-:._100

"

Dredging

Standard
3

281/4

2.78
1
10

Co

m

1

±

Brewing

Standard Cap & Seal common
Convertible preferred

1,300

10

common

Puget Sound Power

Standard

2,000

1% Mar

16

Jan

•'

,T

'

'.''1

1

T

6% Mar

10%

10%

100

10% May

11%

Tampa Electric Co common

•

29%

29

29%

900

26

Jan

29%

Apr

Technicolor

•

14%

14%

15 Va

3,800

10%

Jan

15%

Apr

122%

50

16 Va

16'/a

300

15

10%

10%

700

10%

Apr

Taggart

Texas

Quaker
6%

Corp

Power

&

common

common

preferred

•

;

,

100

Quebec Power Co

87%

87%

145

14'%

Jan

92'%

Jan

Thor

Corporation

50

141/2

85V4
143%

Apr

148'%

Jan

Tilo

175

144% 145%

•

Shovel

270

88 Va

13%

Feb

14'% Mar

pfd

Light 7%

Thew

Oats

1

common

Inc

Co

5

common

new

Realty

&

Allied

&

.

'

5
1

common

Roofing Inc

Tishman
Tobacco

122

100

Construction

10%

9%

9%

1

12%

12%

120% Mar

128

Mar

Jan

Feb

17%

Jan

13%

,

Jan

10

1,500

9 '/2

May

10%

12%

1,000

11%

Feb

131/4

52

Jan

60

*

Stocks

Jan

Jan
Mar

Tobacco Security Trust Co Ltd—
Amer

R
Aadlo-Keith-Orpheum option

warrant®.

Railway & Light Securities—
Voting common
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile new com
$3 convertible preferred
Raytheon Manufacturing common

Reading Tube Corp class A
Regal

Shoe

1/4

18%

1/4
18

1

7/a

%

Apr

15%

Jan

19

May

Tonopah Mining of Nevada

100

IS

Jan

1

Mar

Trans

24'%

Apr

18%

7/a

24%

10

75

Jan

Tri-Continental

Apr

20

Apr

Trunz

20

52'% Mar

56

Apr

Tung-Sol Lamp Works com

8

5%

5%

6

3,500

5% Mar

7%

Jan

4

4

4%

900

4

51%

3%

3%

3%

300

31/4

1%

2

Feb

% Mar

pfd F

for ord

dep rets

Cable

Corp

Field

reg

common..

Inc

l7/a

100

fThet

Corp

Apr

217/a

Jan

20'% May

2 l'/a

600

2%

2,000

Ryan

Aeronautical

Ryan

Consolidated

Rvurunn

Sr

Havnps

For footnotes

80c

convertible

preferred

1
•

com

Co

Petroleum
rnmmnn

see

page 35.




1%

Feb

91%

Jan

U

Feb

II

Jan

3%

400

3'/a

Apr

4%

Jan

2%

5,200

2'/a

Feb

90%

Ulen

Realization

2% Mar
98

Jan

5

29'/4

1

5

29%

7%

Jan

9%

200

9%

Jan

111/2

Jan

200

90%

10

■'*.

V

'.

1%

1

Jan

1%

Apr

2%

2%

100

1%

Feb

3%

Jan

L—•

91/4

91/4

500

71/4

Jan

9%

Apr

6%

Apr

Jan

Unexcelled

Chemical

Jan

Union

Gas

of

Investment

1%

Apr

2'/a

Jan

$3.75 pfd series A
Union Stock Yards of Omaha

100

Aircraft

50c

1%

1,000

Union Oil Co of California—

Corp.—

Canada

Jan

93

Feb

Apr

27

Chemicals

10

Feb

United

Corp

Apr

United

Elastic

Feb

United Gas Corp common

100

61/4

Jan

6%

95

50

92%

Jan

97%

Jan

53%

55

90

53% May

57

Jan

2%

2%

to

ft

6%

—

^

95

'

Jan

8% May

•

95

ft

4

Co

89

Products

com—

8?

2,400

%

2%

6,700

33

•

common

3%

Apr

Jan
Jan

39

Mar

-

8%
5

30

500
r

1,800

4

800

28%
x67/a

Jan

Apr

5%
37

7%

1,000

5%

6%

4,800

7%

500

7

5-Va

5Va

100

5% Mav

6%

Jan

•

4%

5%

400

3%

Feb

57/a

Jan

_1

4%

4%

100

a%

Jan

51/4 Mar

7 Va

6%

Jan

4% May

—L

27/a

7Va

._*
1.25

24V2

400

10c
—5

25%

United

~8%

9%

9%

2% Mar

Jan

5

24

~4%

■

•

Corp

211/4

8%

2%

4%

U

Feb

1

new

common

100
225

1,200

2%
96

•

1

2

£1
"_5

10

common

Royalite Oil Co Ltd
Russeks Fifth Ave

Jan

3 V2

Jan

17%

•

5

Rotary Electric Steel Co

Feb

|| Jan
60

%

u.
2%

warrants

Inc

Union

1

common

6%

Jan
Feb
Mar

U

2%
94%

96

1
1

United

Pendleton Inc

%

200
45

4 Va Mar

1%

150

Royce Ltd—

Roosevelt
Rowe

May

26

Co—

Rochester Gas & Elec 4%

"ill

■:/

'

2%

Valley Gas
Corp) v t c

5%

"ll

Jan

20%

Amer

1

200

1

L__

Grande

Rome

Corp

541/4

•

Richmond Radiator

&

100

18%

Rice

Roeser

Lux

pfd

24'%

17%

Rolls

Corp

541%

18

(Texas

Royalty

18%

1

Goods

Jan

541/4

3

Dry

IS

•

_*

1

Stix

common

425

19

Reis
(Robert)
&
Co
Reliance Electric & Engineering

Rio

Toklan

Corp

13,300

ft

£1
5s
20
70a

dep rets ord regis
dep rets def regis

Shipyard

Toledo Edison 4'%%
10

6.23

Co

Amer

Todd

Feb

5% Mar
Mar

7%

warrants

Apr

United
United

Milk

Corp

Light &

6% May
10

Feb

—

Railways

Products

common..

•
10
7

30%

300

17

16%

17%

15,900

28'/a

28%

14,800

16% May
21
Feb

19%

19%

100

75

242% Mar

9
—

Jan

30% May
Jan
21

19% Mar

28%

26

Feb

29

•

•

Preferred

ft

1/4 Mar

3OV4

28%
10%

Apr

Apr
Jan

Mar

21

United Molasses Co Ltd—
Amer

dep rets ord regis

United NJ RR &

Canal

4%

—

100

243.

243

}

107% Mar

Mar

100

•

Jan

Starrett

Co

of

Stahl-Meyer Inc

31/2

'

Metals

Royalty Co
Spencer Shoe Corp

21%

~~25o

Inc

Southland

2%

2%

.2.50

preferred

13%

•

l

common

preferred

cum

Southern Pipe Line

7i/a

7i/a

I

Corp of Canada common^.
Lambert

4.32%

preference

13-

....

18

16

25
25
25
25
25
1
5
•

preferred
preferred

conv

60

Jan

Feb

Edison—

preference

4.48%

53

11%

105% Mar/

10

Line

"l% ~1%
13%

400

Jan

4% Mar

Jan

9%

53

jan

51/4 Mar

32% Mar
3

Mar

sharesl_

common

Alexander

81/4 Mar

7

54%

16

12.50

common

Pipe

California

cum

15,900

54

11%

1
1

common

South

conv

; 1

1,000

1
1

Corp

original

14%

Jan

13%

100
•

Manufacturing Co

Boss Manufacturing

5%

12% Mar

131/4

100

§Solar

4.56%

Apr

13%

1

4.88%

22%

21%

13

£ 1,

Paper Mills

(Howard)

Apr

8i/a

103% 104%

104%

•

2

Scale

25%

Jan

21%

13

Solar Aircraft Co

Pa

Apr

19%

21%

•
1
*
100

dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred

Southwest

3%

•

Amer

Sonotone

Jan

Publications—

preferred

Singer Manufacturing Co___
Singer Manufacturing Co Ltd—

Smith

2%

1,800
1,000

•

Simplicity Pattern common
Simpson's Ltd class B

,29»/2 Mar

"1%

■

50o

1.11111

common

Mar

47

Apr

1%

"•

Mining Co

Prentice-Hall

$5

Jan

7%

sy8

.'3%

j.

Pleasant Valley Wine Co

4%%

Jan

;80

Apr

Pittsburgh Bess & Lake Erie~RRl___50
Pittsburgh & Lake Erie—
50
Pittsburgh Metallurgical common
" g

Public

Jan

!157/a

Jan

28%

2.50

Pitney-Bowes Inc

Pneumatic

42%

200

24i/4

•

common

Johnson -Ltd

Pressed

i

Jan

17

Jan

43%

111—20

(Mass)

Pioneer Gold Mines Ltd
Piper Aircraft Corp common.

&

3

400

28'

"

Philadelphia Co common
Phillips Packing Co

Pratt

"4%

Jan

liy2

Mar

»

24

43%

•

Perfect Circle Corp
•Pharis Tire Se Rubber

1st

_4'/a

2%

~

(The)
Pepperell Mfg Co

6%

Feb

13

300

14

2.50

Pep Boys

Powdrell

14

Feb
Apr

4

241/2

Apr
May

43%

i

pfd

Power

19

14-

251/2

381%
v'

Apr

141/2

250

23

Traffic Co
Penn Water & Power Co

1

100

23

preferred

Penn

Polaris

20,500

291%

~4ya

Telephone

cum

Pinchin

7Va

8%
15%

19

55

Penn Gas & Elec class A common
Penn Power & Light 4%%

1

■•'•/

7%
15%

Mills

Penn-Dixie Cement warrants

Pierce

Apr

15%

-5

$1 cumulative preferred

Pennroad

Apr

21/2

16,900

$3 convertible

Southern

Peninsular

$1.32

2%

7%

Corp

Co

Parkersburg Rig & Reei

;

•2%

Jan

381/2

preferred

Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
v

Jan

100

7y8

1st .preferred

Pacific

87/a

7% May
321/4 Apr

7!/a

common

3

3

9% Apr/
9% Mar

/■;

•

Ltd

Breweries

Simmons-Boardman

Pacific Can Co

300

•

Canada

of

Silex Co common

V

100.

10

200

100

Sherwin-Williams

Slck's

10'%

9%

25

common.—

preferred

4%

%

10%

9%

—*
1

Shawinigan Water & Power

Jan

u

.

4%

Jan
to

Feb

£

Feb

1

COMMERCIAL

THE

Number 4801

169

Volume

&

RANGE

FOR

WEEK

(2019)

CHRONICLE

35

EXCHANGE

CURB

YORK

NEW

FINANCIAL

MAY

ENDED

6

"

Friday

Week's

STOCKS—

Last

New York Curb Exchange

'«■

Sale Price

Range

Low

Par

United Profit Sharing com
10 %

Shoe

Machinery

common

United

U

and

S

:

Radiator

S

U S Ruhber

%

100

5%

Apr

7%

3,375

45%

Apr

52 Va

Jan

39 %

200

37%

Jan

40 %

Jan

1%

400

l'/a

"

1

Mar

A Debenture

Feb

A7s

1%

•

Jan

1

143/a

15

15y4

12% Mar

2,800

ex

Apr

Kansas

Jan

15%

Kansas Power & Light
McCord Corp deb 4%s

*

2%

•

77%

77%

50

1

3%

3%

1,100

3%

Apr

6%

1
56c

1%

1%

200

1%

Feb

2% Jan

2

Feb

l.Z.

Reclaiming Co

United: Stores Corp com_
Universal Consolidated Oil——

3

2-

600

-

2 Va

X39%

10

Universal Insurances.

2%

300

-

41

400

35%

23--

23%

241

,

23%

23

23

2,200

23%

Feb

2 3/4

Jan

New
N

Jan

26

Ohio

Y &

Westchester

Power

1
5
*

Vanadium-Alloys Steel Co

!

Petroleum———.—

5%

1 ■;

Corp common
_
convertible
preferred——.

4%

4%

4%

1,600

2'A

2%

2'/a

1,200

5%.

;

5%

70

700

70

5%

23% May

Feb-

64

10

.

.

6%

Apr

34 % Mar

4

5%

123/4

1

$1033/4 105

M-N

$105% 106

6%

series

Waittr & Bond Inc__.
$2

Watch

Warner

Utilities $6

Texas

1

Mar

8'/a

8%

100

7%

Go—

;

1%

13,400

3/4

Feb

1%

,

1% •'

6%

6%

——

"

■

Jan

1st mtge

Southwestern

Jan

Spalding (AG)

1%

Apr

AStarrett

6% May

>

112

7%

Jan

139

23%

23% ^ :

32 3/4

323/4

Westmoreland Inc

21

21

Mar

Whitman

Feb-

Stinnes

Apr

Wichita
Wickes

(The)

Williams

Wlllson

(R C)

10
5

Corp

w

26

Feb

Apr

36

19

20% Mar

21%

153/4 Mar

Feb

9

9

1

3

3%

;

300

:

3,800

14%

28

30

•

Apr

9

Jan

.

8

Apr

Apr

10

Woodall

Industries

Woodley

*
100

common

Wisconsin Pwr & Lt 4%%

pfd.
'

common

Petroleum

'

Apr

5

8

10

10

10

--

100

Mar

153/a

American deposit

8 3/a

•

Hi.

8%

100

33

.

10%

Last

1970

Jan

1953

J-J

1955

M-N

1964

J-J

Electric

4%s

Tel & Tel deb 5%s A

Atlantic City Electric 3%s—

Jan

ex

2~&

Bonds

A 5s

West

High

'

5s

Telephone
series

Low

11
41

:

1998

1106%

Q-F

23/4s

Edison

Boston

1960

1970

J-D

Steel

J-D

$107

'

106

__

1063/4

A5s
/

(20%

A5%s

redeemed)—
5s

Debenture

5s

:

(Bait)

Consol Gas El Lt & Pwr
1st ref mtge 3s

(Bait

A-O

—

J-J

Mfg

$117 '/4

$47%

1953

1947 coupon

$15

—

1961

M-S

1950

3%s

1963
1958

J-D

1970

M-N

1955

J-D

Mountain Power

Guantanamo & Western 6s

Indianapolis

Power

International

A6%s

3%s

Lt

&

Power

series

A6%s

57

102%

99%

—

111%

—

5
.

98%

55

.

<>
M --'

.

40 3/a

68

„

963/4
116

—

33

52

57

52%

3

101%

$103% 1C4

J-J

102%

' ~

54

$52

55

$105

—

1941

104%

—

107%,

(Aug

105%

A 7s

(July

1941

1952

coupon)

—

Stock and Bond
Below

listed

on

are

the

63%.
48

■.-/ '>-

Danish

Cons

1949

58

105%
56

May

2

32%

56
55

37

56

55

32

55%

7
•

;•

Averages

May

4

May

5

May

6

___

__

10

18'A

52

21

18

52

50

50
—

~9

100%

100%

50%

1

28%

50%

50%

50%

$15

—

85%

82%

86

J-D

$106% 107'A

1063A

108

2030

A-O

$105

108 '/a

109

I960

J-D

118% 118%

1183/4

119

1959

F-A

100% 1013A

100%

102

1954

3%s.l—1964

5s

1

$84%

M-S

—

.

Union—

Week's Range

Interest

Last

Period

Sale Price

'

'

or

(Col)

Bank

Mortgage

Bonds

Friday's

Municipal

Range Since
Jan. 1

Sold

Bid & Asked
LOW

*'

'•

'

•

•

LOW

J- J

$67

—

70%.

81%

70

^9%

'*■*

—

—

"r

41%

40%

J-D
c

Loan-

.

4
-

^

;

$80

F-A

83-

$75%

Nl-N

1953

i

41%

$67

A-O

1955

5s.:—-.

Hiffh

37%

No.

High

—

—

82,
•

1952

6%s stamped..—:

City (Peru) 6%s stamped.1958
stamped (Plan A)
to 2%s
—20 0 8

J 'J

121/4 '

11%

Y

8

'

6%

$14%

15

13%

15

Nl-N

$27

29

24%

29

AMedellin

7s

37'/a

41%

A7s

(issue of Oct

Parana

3-D;

1947
1947
1931
1972

Af-N

$453/4

A-O

$453/4

3-D

$25

3-D

$75

85

2008

3-J

$29

31

.1997

J-J

18%

173/4

18 '/a

2012

3-D

26

26

26

1919

M-S

1921

3-J

—

'

1927)

■

mmmrn

.

__

41%

«

—

reduced

(Republic of)

Is to 2%s

Interest

2%s

to

r-

—

80

26%

31

—

(ser A B C D E)

94

15%

18 Ya

1

24%

29

stamped (Plan A)

reduced

to

Government

2%

6'/2S
1.

2%

3%

101

3'/a

2%

33/a

66

e

par

Odd-lot

value,

a

transaction

<2

(not

included

in

year's

ABonds

being traded

(not included in year's range),
d Ex-interest,
range),
f Ex-distribution,
g Ex-stock div.
hEx-

& Co.

transacted during current week.

(35 Stocks)
'■■!:

Compiled by National Quotation Bureau, Inc.

40

Rails

ities

Bonds

May

2

86.05

103.78

98.37

May

3

31.17

May

4

31.29

May

5

May

6

35.41

62 75

101.69

101.96

.

for cash

flat.

in receivership.

Util¬

Rails

3 3/8

../A vY A.: A''A1,AA-, A Y .
a
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock;
"v t c," voting trust certificates;
"w i," when issued; "w w," with warrants; "xw," without warrants.
£ Reported

10

trials

1

Deferred delivery transaction

nUnder-the-rule transaction (not included in year's range),
rTransaction
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.

Grade

Stocks

3%

2
—

principal.

Second

ities

43

61%

—

stamped (Plan A)

Interest
Peru

16

41%

39

1951

stamped

Mortgage Bank of Bogota—
A 7s
(issue of May 1927)

Grade

roads

12%

M-S

Indus¬

Util¬

53%

30

1

*

,100% 100%

}

coupon—..1956
1956

First

Rail¬

Range for 1949

Closing

Date—
10

Total

174.53

47.13

85.40

62.79

101.74

101.99

86.15

103.77

98.41

47.10

35.50

62.91

101 69

101.99

86.31

103.76

17(5.63

47.72

35.95

63.59

101.71

102.18

86.49

1C3.69

88.52

17G.33

47.52

35.89

63.45

101.73

102.19

86.59

103.76

98.57

175.50

47.38

35.90

63.23

101.73

102.21 '

86.44

103.58

98.49

Apr

31.19

.*.

—

High

31.18

20

Low

98.44




47

47

Over-the-Coanier Industrial Slock Average

175.00

3

May

40

3Y

•

-Bonds-

65

951/2

415

10

trials

___

" 72

54

31%

15

47.27

63

-

Co—

Interest reduced

*No

55

20

174.16

3

■

63

102%
1033/4

53

Indus¬

___

127

71

50

J-D

10

April 30

123

Maranhao

ARussian

52

-Stocks-

Date—

7

.71

coupon

5%s

AExternal

41

31%

the New York Stock Exchange as compiled by Dow, Jones

.

105V2

62

,

-

debs

i

External

117%

$51

30
,

100%

104'/a

5

82

-

Danzig Port & Waterways—

%:

100 %

32%

55

•

1

993/4

~5

40

40 A

daily closing averages of representative stocks and bonds

Total

,

103% 106%

125'.- 125

A-O

20-year 7s
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948

112%

$51

J-J

1952

105%
104

14

-

82

J-J

A

1013/4

101%;
106%

52
■

1957

1941 coupon)

series F

104

:

^

f debentures

s

Agricultural

913/4

:

A7s
A 7s

106 4

-

$51%

52

F-A

1957

A7s series E

2

52%

$51

•

.

$99% 103
105% 105%

F-A

$Friday's bid and asked prices; no sales being
51%

1955

coup)

102'%

1033/4

-105%. 106

105%

M-N

•

104%

—

...

$101'/4 102
•

..

105

105%

Friday

External

Sec—

C

(Dec 1

4

—

57

J-J

4103

1946

*

A5%s

stamped

47

$105% 1053/4

A-O

BONDS

Bank—

Grand Trunk Western Ry 4s

.114 3

Hotel—

Electric

Rio de Janeiro

A6%s with Nov 1 1940 coupon..1953

Green

"2

55%

971/4

--

101

113
100

5

r \

993/a

Co—

Finland Residential Mtge
5s

87

104%
993/4

105

d4P3/a d403/a

97%

M-S

1956

5s

& RR

Nov 1

106

-

55

May

100%

.

"

AMortgage Bank of Chile 6s

1965

ri

1043/4 105%

1047/o

1966

Mortgage Bank of Denmark 5s

mfee 4s ser B

ex

195

103

V

96

:

Eastern Gas & Fuel 3%s

A6%s

91%

$111%

Af-N

Lt

13
12

104

—

—

.114

*■

A-O

New York Stock Exchange

107

Division—

N J

Ercole Marelli Elec

92'A
105

-■

$100% 101

'

—

105

A-O

1993
1993

Elmira Water

89%

10

City)—

1st mtge 4s ser A—
A 1st

21

101 % 101%

J-J

M-N

1954

of

19

99%

$105 %

1981

4%s

mtge

95 3/a

91

J-D

1969
1976

Delaware Lack & Western RR—
Lackawanna

102

106% 106%

91%

1962

Gas

100 5/a

103% 103 %

106 %

J-J.

162%

15

106% 107

103%
-

160%

—

ser 9

1st ref mtge 23/4s ser Q—
1st ref 23/4s series R

Gen

Af-S

-

100% 101

Foreign Governments & Municipalities

ALima

2%s conv debs
Consolidated

1083/4

1

95%

9£%
107

A-O

1969
1977

3s

108%

._

98%

95

M-S
M-S

1958

Debenture

c

J-J

1966

Jan

Debenture 5s

m
,

—1948
1954

redeemed)

(20%

Cities Service

108

101% 1013/4

YY--: ''''

.$110

104

High

162% 162%.

{Central States Electric Corp—

156%

.

101%

•

Apr

105% 107
96% 101
100% 102%

2"

101

101

1947

Newspaper

6s conv

(

6s

C

Bethlehem

4100---

MS
A-O

1950

West Penn Traction 5s

Canada—

of

M-N

.

.

Jan. I

No.

106% 106 3/a

__

1—1989

—1946

1- 1940

1

income

Penn

Range Since

Sold

100% 1003/4

100%

'•

J-J

I

Washington Water Power

.

Bell

Dec

Waldorf-Astoria

8 % May

Jan

Friday's

or

J-D

Associated

7'/a

Bid & Asked

Low

Appalachian Elec Power 3%s—

50

,

148%

154%;

$103— 104

A-O

A-O

—.

Service

with Dec

Week's Range '

Friday
Sale Price

154%

J-J

1

1970 ''•»

1970

stamped

A7s

Jan

14

Jan

2.100

Period

Exchange

26

—

i

trust

A 7s

Apr

1043/4 Mar

Jan

9%

300

~2A

Interest

BONDS
New York Stock

2

F-A

3%s

Elec

&

5s

United Electric

Jan

10% Mar

"2A

5s
£1

(Calif)

Hydro-Electric Co—

Western

receipts

50

»>■«'■ '$15.

'2

1973

United Electric Co of N J 4s__

Ltd—

(F W)

6% preference
Wright Hargreaves Ltd

Assoc

Y 23% Feb

10

•■;'/:

—
.

Woolworth

50

50

-

A6%s with Aug 1 1940 coupon—1953
A6%s ex Aug 1 1947 coupon.
1953

Jan

14

900

-

101% 101% ~

2

Inc

Terni

Jan

2%

125

Feb

9

2nd

A7-4s

May

'

Winnipeg Elec

Stinnes

Jan

19

5%

75

14%

2%

8 '/a Mar

__

25

w

16%

100

8%

106

Apr

Feb

2 %

...

19

8%

106%

105%

M-S

3'As..

Gas

Gas

(Hugo) Corp—
V
3rd stamped
(Hugo) Industries—

A 7-4s

Jan

"X* ■Y." 100

1

Inc
common

preferred

Apr

30%

•

& Co

Brothers

22 %

200

*.' ' "

.1

:

Corp

Products

Wilson

5%

Oil

River

"so

1

(Wm) & Co.

105%

10

JS"

L.1

Corp inc 5s

collateral

5s

Jan

115%
155

14%

10

—

Weyenberg Shoe Mfg

Gas

4%

f

1

106

..

3s

1%

—•

—

Counties

Jan

"

Western. Maryland Ry 7 % 1st pfd—100
Western-Tablet & Stationery com
*"
Westmoreland Coal
20

.

95

106

1965

3s

B_

Southern California

23A. Feb

200

Edison

ser

Southern

2%

Jan

93

105% 105%

1971

'•...,1st A ref M 3s

800

33%

1%

100% 104%

J-D

—_i—1951

A__—

650

3%

106'% 108

$95

1973'?

California

series

10%

'

100%. 104%.

6

7

J-J

1952

_J

Jan

2%

Apr

6

J -J

.1998

debs
A

Mar

111

Apr

1

1.25
•

preferred

Jan

9%

Apr

109

'

1

1

3%

Wentworth Manufacturing—
West

rnkmm

200

.

3%s

Apr

"*

'

1%

.1

1

Corp

8%

'

warrants.—

Aircraft

•:

'mm mm

"

"

1

—

*

1 %

30

Co

^

..

1

preferred

cum

Southern

'.1"

Wagner Baking voting trust ctfs ext.*
■"[1% preferred—
100

105%

104%

..

Jan

1%

Jan

105%

104V2

'

r

13/a

...

104

104

A-O

coupon—1960
coupon——1960 : "

Scullin Steel inc. mtge. 3s

,

1033/4

...

107%

107

A-O

65

_

—

Co—

Gas

&

102

58

—

100 % 100%

J-D

.'—2004
—1968

1940

1947

108%

11

MS

1970

Elec

—

1967
1961

Ltg 4s
3'As

.

105

101%

-

—

59

58%

58%

A-O

:—i

—

40

102%
1083/e

——

,

.

1971

Service

5%s

W

Waltham

21

'

$1013/a 102

F-A

/

•.

105

—1963

Hydro-Electric

50-year

Jan

'

•

Co

Ward Baking Co

,

Queens Borough Gas & Electric—

Jan

3

Mar

$1083/a 108%

Safa Harbor Water Power Cdrp 3s_1981
San Joaquin Lt & Pow 6s B
J.
1952.

Aircraft

>

17

40

$104

,

Public

71• Apr

2% May
11% Apr

i

1st mtge

A6%s ex Oct

Jan

Mar

32%

—20c.
•

Inc..

Vogt Manuafcturing

Waco

50%

'Jmmm

f

—.

.

37

1969
1956

3%s

3s_

A6%s with Oct 1

Valspar

Syndicate

76%

273/4

J-J

1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
3%s

Venezuela

62

__

J-D

Park Lexington

Piedmont

Venezuelan

$15
J-J

38

55

$47%

1966

3%s

4%s
England Power 3%s

1st mtge

Apr

High

76%

74%

J- J

Milwaukee Gas Light

Apr

x25%

Feb

21

Jan

2%

May

2

-

Electric Power

Midland Valley RR—
Extended at 4%
to

Jan

41

Feb

300

1,500

>

2 Va

23/e

5
•

79 Va Mar

Feb

24%

10

3%

Feb
:Jan

75

10
common

Utah-Idaho Sugar
Utah Power & Light common

••'$4

ctfs„

escrow

1952
Nov 1 1947 coupon.——1952
Superpower 6s
—1963

Altalian

warrants

with

Jan. 1

Low

Power-Cor—

Isarco Hydro-Electric Co—A 7s with Nov 1 1940
coupon

8%

7% Mar

l'/a

Apr

Range Since

Sold
No.

High

'

common

Universal Products Co

Interstate

Jan

46%

1 %

% May

Securities

International

1st preferred

$5

U

High

39

1
10c

Specialities common
U S Air Conditioning Corp
U S Foil Cte class B

Low

High

Bonds

Friday's

or

Bid & Asked

Sale Price

Period

Low

45%

46 %

25

Preferred

New York Stock Exchange

Range Since January 1

%

26c
10
25

preferred

United

Shares

Last

Interest

BONDS

for Week

of Prices

Week's Range

Friday

Sales

"•

—.

33.26 Jan 24

31.05 Feb 26

AA

A.

A"

j

■

VV.■

Range for 1948

31.44
i—

High

37.83 Jun 10

31.39

Low

32.37 Dec 29

36

COMMERCIAL

THE

(2020)

&

FINANCIAL CHRONICLE

Monday, May 9, 1949

OTHER STOCK EXCHANGES
RANGE

FOR WEEK ENDEH MAY «

'«•

k

Friday

Boston Stock
Friday
Last

STOCKS—

Sale Price

American Agricultural Chemical

High

35%

50

34% Mar

40 Va

Jan

34%

34%

150

32% Mar

36%

100

142
1 372

3,858
250,725

141% May

150%

Jan

lft

US

Hi May

lft May

25

27%

249

25

May

38%

Feb

29

26 %

American Woolen

-A 500

200

8%

Jan

12

Mar

14

14%

300

13%

Apr

17

Jah

14%

14%

400

14% Feb

common

29%

453

29

May

35

6%

Corp

107

—100
.—25

40

Stamped

105% 107%

-

42 y.

41%

Jan

Herder's Inc common—.

120

Jan

Hubbell

196

Apr

2,054

42 ya

100%

40%

Jan

Harvey Inc common—

16%

16

16%

16

905

Jan

19%

Apr

Maine RR—
100

g%
1%

class

1%

1%

100

prior preferred
class B 1st pfd stamped.

305

48

15

15%

160

xl5

19

19

400

19

— —

39%

'

capital-

1%
40

2%. Jan

1% Mar

65

Feb

38

125
25

5Va

43

Prod

1

common.

Jan

7

Apr

25

23%

Apr

13%

14%

10

Jan

11%

Jan

13

Feb

37

Jan

39%

Feb

7%

Apr

8%

16%

15%

16%

1,450

14% Mar

17

Apr

Libby McNeill & Libby common

7

76%

76%

100

69

80

Feb

Lincoln

1

—5

3%

3%

120

Va

47%

433

39

Feb

10

100

10

May

—

:

44

«...

10

Jan

6

Jan

9 Va

.

Apr

5'A

3% May

Kellogg Switchboard

Jan

62
21%
32%

•
9
*

1
—*
—9
1
*

Bakeries
Copper

22

60%

-ft

100
9
*

preferred

Mathieson Chemical

Corp
Mergenthaler Linotype

Racing Assh

8%

-

—

Jan

12%

Feb
Mar

10%

11

405

22c

11%
19c

24c

79%

100

79%
6%

—

11%

13c

540

15% Jan
25c

79
Apr
6% Apr

10

31c

31c

800

30c

15

15%

611

Jan

Apr

87% Jan
9V2

Jan

Jan

45c

Feb

31c

50

Apr

10

Jan

8y8 Jan

80
6%

Apr

11

11% Apr

65
2,600

2,036

Jan

Jan
Mar
Jan

64 % Apr
41% Feb
50% Jan

8% Jan

9%

9

Apr

14

44% Apr

15

2.50

Mining

->58
36

11

100

N Y New Haven & Hartford

Jan

210
30
200

9%

44.79
40%
33'%
8%
56%

35y8 Feb

10

68% Jan
22Va Jan
35% Mar
61% Feb

27% May
8 % Mar
43% Apr

62

5

r

42.45 Feb

15

63
37
47

Leath & Co common

Printing

25
—-2.50

Quincy Mining Co.

14% Mar

Stone & Webster

Fruit

6%

preferred

Co.~rX—I————

U S Rubber

Waldorf System Inc

Westinghouse

10

32 %

95

48

49%

5,752

45%
39

46
39'A

575

31 % Feb
48

Apr

140

45%; Apr
38'A Apr

,36% May

36%

—

22%

37%*'

145

13%
22%

__

9

12%

Electric Corp.-

4% Apr
4% Mar
12% Feb
12% Feb

45%

25
25

-

-

175
158
200
175

32 Va

*

United Shoe Machinery common

4%
5%
14'A
16V8

49

*

-

Co

5
14%
15%

—

,

Torrington Co
umtea

5JA
14'A

*

Inc

4'A

__

9

Association

Shawmut

Co

13'A
23%

6

12'A Apr

488

22% Apr

Marshall

Field

common

Co

&

17% Jan
Feb

7
v

5% Apr
15% Apr
16% Apr
34 'A
54%
52%
39%

Jan
Mar

Jan
Jan

43Va Jan
14% Apr
26% Jan

STOCKS—

I

Laboratories

Abbott

Admiral

Corp

Bail

Aetna

common

common

Advanced Alum

]

Par

.

(new)—5

1

l__

Castings

Bearing

5

*

common

—

40

!

5'A

„

__

Laboratories

American Tel

Rights

i—9

common

Tel

&

Co capital

100

1ft

i

w

—

141%

600

15%

16

50

50

9

8%
17%

Jan

150

-

15%

Jan

16

Feb

200

50*

-

50

Apr

64'A

Ap(r

Chemical

Monroe

Co

common.

National

Standard

American

North

Northern

111

Northwest

common

Corp

class

(The)

(The)

Co

Potter

Rath Packing

7%

12%

14%

22

21%

22

V* 250

4

80

4

53%

2

Co

Mar

150

27%
25

27

Apr

31%

Jan

50

27

May

25

Apr

31

Jan

8

Jan

9'A May

Feb

25% Mar

50

Jan

9%

9%
23%

50

7%

7%

1,250

7% May

9'A

Jan

7

6%

7

500

9 %

Jan

22%

17Va

17 Va

200

6% May
17 Vs May

19%

Jan

12%

12%

50

12 % May

13'A

Jan

15%

15 %

300

15

Apr

17%

10

10'

9%

Feb

10

Mar

6

Apr

17%
15%

20

....

Jan

Va

5%

100

4%

Feb

24%

24%

40

23%

Apr

26 V*

Jan

9

32%

32%

10

31

Feb

33

Jan

27

27

Mar

5

5%

1

250

27

10%

10%

100

37%

38 Va

810

10%
34%

1

10

10

50

10

9

23%

24

350

9
1
38

29%

Jan

Apr

11%

Jan

Feb

39%

Jan

Apr

13'A

Jan

22

Apr

28%

Jan

.

Clothes

Co capital

500

12%

Jan

13%

Apr

23 Va

900

19%

Feb

24

Jan

5%

5%

100

2
20

8%

12%

9

—

400

7%

Feb

300

2%

Jan

700

36%

Feb

41 %

Apr

12%

Feb

14%

Jan

40%

12%
6

12%

12%

100

63H

550

6

31

9
5

;

7%

8

30 Va

10%

10%

55%

25

41

Feb

11%

Jan

Jan

32 %

Jan

Jan

11 Va

Jan

49%

Feb

55'A May

29

100

55%

Apr
Apr

9%

100

(The)

6% Mar

1%

400

ctfs of dep.

Mar

4% Mar

29%

1,300

8.

29%

10

Feb

6

200

31

25

stock

Jan

4%

41%

1

common

6 Va

Apr

8%

41%

5

common

5

4Va

25

Standard Oil of Ind capital

Corp

13 %

22%

1

common

Container Corp

12%

9

Corp

Spifegel Inc common
Standard Dredging common

208

59

1014

8

10

common

Signode Steel Strap common

Co

Jan

52%

23%

2%

com

Corp class B common

5

107/a

10%

10%

100

13'A

Jan

2

22'A

22

22%

300

22

Feb

25

Jan

9

44

43 %

44

320

43

Feb

44% Mar

capital (new)—9

'38

37%

38

8

Apr

12 Va

12%

300

11%

Feb

28 Va

28%

200

26% Mar

Corp
Co

Jan

4% Mar

50

Shellmar Prod Corp common

Trane

25

300

•

25

27%

Feb

Apr
Feb

4

200

Jan

15 Va

7%

Serrick

Thor

High

54%
8

8

14 V8

Apr

21%

Jan

Apr

14

14%

9

&

'50

14%

Sangamo Elec Co common
Schwitzer Cummins capital
Sears Roebuck & Co capital

Oil

50

11

10

common

Society Brand

12%

Jap

Apr

12

1

—_25

A

Louis Nat Stockyards capital

Sinclair

1,050

2%

5

Pennsylvania RR capital
Circle

8Va

9

:

Peabody Coal Co common
57« prior preferred

Perfect

Mar

9

i.

common

Switch

Jan

12

Feb

1

common

common

Elec

24

Feb

1%

20

common

Bancorp

Penn

Apr

9%

600

10

common

Car

Manufacturing

Oak

19%

50

2

9

Cooker

Pressure

100

11

2

9

common

Montgomery Ward & Co
National

19%

11

9

Minneapolis Brewing Co
Modlne Mfg common

Texas

Range Since January 1
Low

(The) common

South La Salle St Corp

38%

Apr

40% May

200

15 V*

Feb

19%

100

4!A

Jan

5%

Apr

Union Carbide 8s Carb

200

8% May

10%

Jan

United Air Lines Inc.—

xlOVa Mar

Jan

403A

500

17%
5V4
8%

■

18

100

yl41% 145

2,500

yl41% May

1ft

9.400

lft May

1ft

Jan

15% Feb

19%

10

17%

Feb

19

150%

Jan

12%

10

36 5

600
...

41%

Jan

14% Maj*
28 Va

71%

73%

2,300.

69

Jan

78 Va

Apr
Jan

Westinghouse Electric 8s Mfg com—12%

221'a

22%

200

22%

Apr

26

Jan

9

11%

11%

100

11

Apr

13

850

10%

Feb

10%

Jan

100

11

Apr

13

Jan

United Light 8s Rys Co

Allied

7%

,

7%

preferred

prior

$1

Swift

High

Low
17%

.

50

for Week

Shares

38 Va

7%

vtc

common

Swift International Co Ltd

Range

'

11%

38

9

Sundstrand Mach Tool new com

Sales

of Prices

Last

Sale Price

•v.'"

11 Va

2,550
150

5

Sunbeam Corp common

Chicago Stock Exchange
Week's

May

27%

:_1

common

Products

Food

Miller & Hart Inc

Stone

Friday

11%

9

Lindsay Light & Chemical common

Stewart-Warner

-

14%

♦

—

Cumulative preferred

St

Rexall Drug Co

25

May

47%, May

Apr
Jan
Apr
Jan

14

36%
47

63
—

1

Pennsylvania RR

100

—

■

System™—20

New England Tel & Tel

5
1,700
905
30
449

460

14

—

1

——

—

60%
19%
31
53%

220

59%

37%
28%

-100

Maine Central RR common

25

62
22%
33
60%

44.12 44.12
36% 38Vs
27% 287/a
8V2
8%
44'A 45

100

—

Electric

9

common

Middle West Corp capital

Gillette Safety Razor Co

Butte

4% Jan

3% Mar

350
100

7% Mar

General Capital Corp
General Electric

North

18%' Jan.

400

4% Mar

Cos

4

'

'11% Jan

May:

16% Mar

25%

U

Service

3%

350

25

50

Stores

England

3%

'

ft

150

17%

25

8Vs

Employers Group Assoc

New

Jail

23%

5

preferred series A
Steamship Lines Inc_

National

Jah

"

9

8'/a

Nash-Kelvinator

•

'21

9

5

1st

Narragansett

17

.

f

(new)

8%

Kennecott

Jan

53.

Apr>

May

common

Harvester

100

Hathaway

Feb
»

International

Mickelberry's

5%

17%

Independent Pneumatic Tool common-9

100

6%

Copper Range Co—

National

Mar

Jan

Eastern Mass Street Ry—

First

Apr

!

9%

9

10

pfd stamped.

6%

100

-10

6%

'

"V

Co

100

Eastern

6

51

1st pfd stamped

Hecla

&

17% May
9% Jan

50

*

Calumet

200

22

Feb

6

6%
5

1st

C

class D

May'

Jan

15%

6

-

Tl

19

300

1,250

Indianapolis Pr & Lt Co

Common stamped

107*

i './•

-8% Mar

2,200

17%

43% Mar

Indiana Steel

7%

11

20%

17

5

common

120

Illinois. Brick

———100

-

51

9%
20%

Jan

15% Jab*
'

_9

common

Mar

110

Boston Elevated Railway-

Boston &

11

17

25

—

:

32%

27-%May

V

Jan

117 Va 118

pfd—100

Boston Edison

1

10
1
3

Hammond Instrument Co common

Harnischfeger Corp common
Heiiman (G) Brew Co new cap

Hlbh Spencer Bartlett

Bigelow-Sanford Carpet
Beaton it Albany RR

14

■

-50

High

28%

(W H) common—~

Werner

Low

10%

Great Lakes Dr & Dk

Hetn

v,

Range Since January 1

10%

'

Rights

<*

«

;

27%

Jan

141% 145 V\

Co

Gossard

High

—i_:

Goldbtett Bros common.

35%

*
100

Anaconda Copper

Low

Shares

Razor Vcommott—

Gillette Safety

Range Since January 1

Low'' High

Par

American Sugar Refining-—
American. Tel & Tel

Shares

for Week

of Prices
Low

Par

for Week

of Prices

Range

Sale Price

Sales

Week's
Range

Sales

Week's

Last

STOCKS—

Exchange

7

common

9

U S Steel common

*

—

Jan

lft May

Stores

Wieboldt

Inc

common

Asbestos

Jan

Avco

Washer

Bastian-Blessing Co

Belden Mfg Co common
Bendix

Aviation

5

—

31

Feb

3

May

250

7%

Jan

10

Mar

12%

300

11%

Apr

14%

Jan

2,700

31'A

2Va

9%

Jan

7%

31'A
12'A

31%
12%

250

500

12% May

15%

31

31%

200

31% May

34% Mar

31% May

36%

Jan

Macvhine

Radiator

American

Bliss &

1

Corp__

2'A

Laughlin Inc common

10

Borg (George W) Corp—

__

11

9'A

6%
11

9'A

6%
11

9%

600

6% Mar

7%

Bruce Co

common.—____5

Corp

__

2%

—

Ring common——.—1

—

(E L )

Burd Piston

common——

Bur ton-Dixie Corp--_—:

Biscuit

Carr-Consol

Central 111 Secur Corp commonConvertible

Cent & S W

preferred
Util

Jan

200

II

May

14

9

Feb

10'%

Jan

100

43

Apr

53%

Jan

Atchison

45

17%
10
16

17%
10

50

16%

Apr

22

100

9%

Feb

12-

Jan

Columbia Gas

System Inc (The)

16

Mar

17%

Feb

Continental Motors

7

May

9%

Jan

Curtiss-Wright

3%

3%

3%

700

1
13%
12%

1%
13V2
12%

24

24

100

24

May

11
10%
64%

11

50

11

Apr

9

Feb

—

Co

*

common—

Burreli Corp common—
Chicago Corp common
Convertible preferred
Cherry

5
1
9

commoiL—__i—9

-.■■■„

11

10%
—

29

May

24%

100

24

89 Va

89%

29%

30%

Apr

,

89%

Jan
■

i

35

aJn

Apr

26%

Jan

100

89 Va May

103%

Jah

500

29%

33%

Jan

Jan

2

Feb

% Mar

700

4% Mar
1%

Jan

General

600

11%

Jan

14%

Feb

Jan

12%

Apr

10%

400

64 y2

50
16

64 y2 Mar

24

13'A

600

11% Mar

14 %

300

10%

Feb

13 Vs

Jan

10%

Feb

11%

Apr

6%

Feb

8%

Jan

7%

Jan

9%

Apr

May

7Vs

Jan

35%

Feb

39%

11%

Jan

14

?

—

8%

£Ll

i

5

General

103A

12%
11

9

9

Farrsworth Television & Radio

1,300

11%
10%

12

1
'

-

:

—

37%

Electrio.Co—;

Public Utility Corp
Graham-Paige Motors —

—

l8Va

8%

T'l

1 Va

700

37%

800

14

700

37

13%

—

1
.

2

i

Apr

3%

Jan
May
Jan

6%

2,800

4%

Jan

7%

Apr

12

12'%

1,000

11%

Apr

15%

Jan

11 Va

11%

6%

-—-4

'

3,000

--1

Laclede Gas Light

Chain Beit

700

24%

25
1

Co

Certain-teed Products

800

—

29%

'

Jan

Pacific Ry

45

200

12%

29

9

new

common

73/8

1

29

50
10
100

Topeka & Santa Fe

Bethlehem Steel

16%

50c

12

Jan

500

7

__

12%

com—9

Corp.,

7 Va

9

common.—

San

Mining

1

common

St

■

Anaconda Copper

10

—12%

Butler Bros common—

8s

600

Feb

Canadian

Borg-Warner

capital

Stocks—

Unlisted

Armco Steel

Berghoff Brewing

10%

Jan

2%

6%

*
10

common

3

8%

5%

1% May
6% Mar

1%

4%

2%

4% May

4%
1%
6%

1%

6%

1

100
100

1,050

__

1

Yates-Amer

9

Wisconsin Bankshares common

Jan

900

17a

4

Alleghany Corp

Jan

1%

5%

1

3

11%

7%

Apr

5%

lVa

,——3

common

Mfg Corp,..,

11%

Apr

1

5%

1

Athey 'Products Corp capital
Automatic

10%

5%

5

common

Mfg Co common

5

American Air Lines Inc

& Co

Armour

10%

May
Jan

—5
12%
—9
* ft.
4
Pan American Airways Corp—•
2y»
" —
Paramount Pictures Inc new com-—i-1
—
Nash-Kelvinator Corp

11% Mar

New

65%

Packard

Jan

York Central RR capital
Motor

Car_

Jan

75

Mar

4

III

Jan

115

100

50

Apr

800

39%

Feb

20

Apr

46% May
28 y4 Jan

Radio

200

3,500

25

Jan

27Va

Jan

Radio-Keith-Orpheum

80

29

38

Jan

Republic

10%
"

Feb

13 Va

Jan

3%

200

900

4

Feb

4%

Jan

8%

Feb

10%

19% Mar

Mar

50%

3%

Apr
24 % Feb

Towel

Convertible

Co

preferred ———

9

-2%

Chrysler Corp (new)_——

72
—

—

72
115

50%

72
115

66%

22

22%

300

11

11%

500

8Va

Jan

12

*

30 Va

31

600

25%

Feb

32

Apr
Apr

common

9

11%

12%

1,000

11 Va

Feb

14%

Jan

8%

600

7%

Jan

9%

Steel Corp common—

1
9
2%

8%

Rexall Drug Inc

Chicago

Schenley Distillers Corp
Socony Vacuum Oil Co Inc——

1%
15

,

57%

Jan

PepsUCola
Pure

Cities Service Co common

Coleman

(The)

Co

:

Inc

Commonwealth Edison commonConsumers Co cum

10

5
25

preferred (new)—50

Dodge Mfg Corp commonDomestic Credit Corp clasa A—:
Eddy Paper Corp (The)

Eversharp Inc common

10
1
9
1

__

20

46%
20%

26%

26'A

26y2

—

29

29

46%

„

3Va
70%
—

45y2

6'/a
3

70%
8%

100

*

May

5% Mar

6%
3%
70%

1,000
20

70 V2 May

8%

500

7% Mar

2V4

Jan

7%

Corp

(The)

common:

of America

Jan

8% May

Flour

Mills

of

America Inc

(Peter)

Brewing common
General Candy class A

General Motors Corp common
:
Gibson Refrigerator Co common

For footnotes

see

page 44.




8%

_1%
5

10
1

10 %

150

10 y4

Apr

8%
8%
11
.11
57% 59
7
7'A

1,100

7%

Feb

10%

—_5

—
„

7%

320

1,000
1,000

12%
9

21%

21%

5%

21% May

27 Va

Jan

200

4% Mar

5%

Apr

16%

2,400

-

25%

16%

16

—-1
1

Studebaker Corp common

Oil Corp

11

Apr

14 y2

Jan

Sunray

Feb

62%

Feb

United

May

9%

Jan

Wilson & Co common

Corp

.
—

9
9

Apr

1,000

5%

22

15

Apr
Feb

30

Jan

-17 Va

68%

300

Jan

Jap

19

19

19%

11

10 Vs

U

3%

3%

?00

Jan

1,400
100

65%

Feb

73%

14%

68 Vs

Jan

Apr

56%
7

12

25
1

Standard Oil of N J...

Standard Steel SpringFox

11%

Jan

3% May
95

Co

Oil

33%

Co

Feb

16 %

16%

Feb

21%. Jan
11%. Jan

9% Mar

2% Jan
11

Jan

3%. Apr
Jah

11%

.

..

Volume

Number 4801

169

&

Cincinnati Stock
V

''

:

•

STOCKS—

:■ -■'

Last

;

Sale Price

Baldwin'.

r

Cinn

Elec

&

Gas

6 Y\

6%

50

14%

7

Cincinnati

—'-25

Formica

'22

231

New York Stock Exchange

New York Curb Exchange

Feb

23%

Jan

Detroit Stock Exchange

Chicago Stock Exchange

Apr

8

1

Apr

29%
7%

—

Building

Jan

DETROIT

Telephone: WOedward 2-5525

Jan

76%

Jan

100

6

Feb

7%

Jan

7

100

6

Feb

8%

Jan

17%

■

16%

231,

Detroit Stock

19% Mar

Feb:

10

23

Jan

27

51%

35

44

Jan

51% May-

Hobart

Mfg Co

Julian
Kalin

&

100

Miami

Procter

12%-

48%

50 Y»

■

_
'

y

J__

Gamble—

Jan

21%

Apr

20%

'•

13%

11% Mar

55
187

43 y8

Jan

.

.,

50

May

Jan

Jan

35

95

25

18 Yi May,.

74

19

64%

10

Apr

96
.•

21 "

17%

Mar

Jan

602

11%

57%

Feb

66 %

Jan

400

'

9

••7%

Jan

10%

Apr

164

10

May

,yll%

Jan

S

U

S

-.-lilO! ■y

Playing Card——
Printing common:

*

L

i

57%

Vv 48

.'V'

56

33 I

y

47%

w'.:

275

48

>

*"

23 "

Mar

32

57%

32

,

-1-50

Preferred

:

57%

May

40%

Jan

Brewing

Co

39 !

Metal

Burroughs

48

Consumers

Machine

_«

14

Paper common

1—10

18%

18%

_<■

35%

35%

Power

Co

common

Bros

Detroit &

American

10

Rolling Mill—

Rights.

24%

100

142

24% 1- 25

216

r

145 Ya

142

*~

23% Feb

305

142

May

Navigation

1 & May

Jan

150%

Jan

lii May

Cities

common

_

-

Frankemnuth Brewing

Dayton

Gemmer Manufacturing
Motors

class B__

Gerity-Michigan Corp

13\

lii

938

32%

110

31

<.

Mar

34%

46%

44%

46%

134

37%

Feb

46%

Jan

Hoover Ball

28%

28%

10

26%

Jan

29

Apr

Hoskins

»

10%

11%.

12;

Apr

Howell Electric Motors

&

10% Apr

387

V;

5%

Jan

1,100

6%
20 %

tt

8%

30

7%

Jan

10

Apr

—10

>•

26%

Jan

30

Feb

Hurd

Lock

38.,

329

35%

57%

58%

26%

59%

186

30%

95

&

'

"

\

y

Kalser-Frazer

28%

Jan

W;

Feb

39%

Jan

Kingston

56% Feb

62%

Feb

Kinsel

35

Apr

Lansing Stamping

31%

Jan

LaSalle

Products

Feb

(S S)

Apr

24% Jan

r 2% Feb

■

50c

3%

Jan

5%

100

■: 8

56%

6%

Jan

Apr

Apr
Mar

95c

Apr

324

8%:

Feb

9% Jan
61% Feb
5-% Jan

Mar

4

550

3%

8

1,550

5%

T;

14

12

Yi

■■J-

100

May

14

Apr

14

Jan

Apr

6

" Mar

13

Apr

4

Apr

11%
5

9% Mar
3
Jan

535

4

4

May

19ya Jan

•'

200

12%

.<,'^:12

—

8

Mar

11

550
•

5

Jan

14

359

11%
11%

5

100

15%

15%

50

Apr

17% Mar

Masco Screw

11 %

11%

50

8%

Feb

12

Apr

McAleer

11%

11%

50

11%

Feb

14

Jan

McClanahan

16

16%

175

15

Feb

17%

Jan

Packard Motor Car

18%

18%

47

17%

Apr

21%

Jan

Parke Davis

69%

67%

69%

106

65%

Feb

78

Jan

Peninsular

24%

24%

24%

25

23%

Feb

26%

Jan

"

40 .;
71%

40%

106

40%

Jan

43 % Mar

73%

215

69

Jan

78

*

25

(N J)

Standard

Oil

(Ohio)

2%

'«M*:

'

2%

1%

——

57%
1%

25% Feb
15

;

Wines

-*

v

_*

Steel

v

—

,

Jan

Rickel

2

Products

2%
>-

1

100

1

400

Metal

•

1

Tube

class

B

Timken-Detroit

Cleveland Stock
Last

1

1,000

625

Sale Price *" of Prices
Low

1

Feb

3%

Feb

4 V*

Jan

215

24'A

Jan

28%

3%

Apr
Jan

150

1% May
18% Jan

24'A

Apr

100

3% Mar

2

1,200

24

3%

11%

11%

13%

13%

28

Low

"2

100
225

142% May

1,777

133 May

1A
Apex Electric prior pfd—__.——100

105

lii
105

S

Radiator common

Aircraft

25

.

28

May

105

25

Iron

common.!

May

28

150%

;i-

1

May

105%

Los

Jan

Cleveland

Graphite Bronze (Un)—_15
' •"

;

;T

\lvk\

29

15% Feb

-

16 Yz Mar

1,137

Apr

16

Jan

Apr

76

Jan

42%

Jan

72%
-

330

71

471

36% Mar

a23% a23%

■

:

•

23

25

4%v

100

al89%al92%
25%

Feb

4% May

17

26%-

25%

Jan

179

4% May

Jan

195%

Apr
Jan

75

25%

Apr

32%

51

12% a 12%

a

_•

Motors
Co

common

common

19

10

(Un)_:

a37

/•

.

(Un)__
Allis-Chalmers Mfg Co (Un)

-1
•

Alleghany Corp

Airlines

American
American

(B F)

(Un)—___10

19

IIV*

Feb

14%

Greif

Bros

Halle

Bros

57%
18%

"

Cooperage class A

23%

Jan

40

Jan

19

'35Yb

210

Apr
Feb

I

56%

186

57%
18%

&

St

&

Co

-Interlake

Rayon:. (Un)

Steamship

11

15%

15%

41

5 :

—1

*

——

Jan

3%

Apr

1

Feb

6%
1%

Apr

1% Apr

1%

Jan

225

1,425

i%

100

Jan

Sales

for Week
Shares

Low

3%

109

2%

3%

i

High
3% Apr

1,710

2'A

Feb

3y2 May

a28% a30 %

260

27%

Jan

m.

a297%

Range Since January 1

High

3ya Mar

28%

9

9

210

7

9%

9%

109

8% Jan

12%

12

12%

Apr

54

142Vk

142%

145

1,665

142 % May

150

liT.

15,706

% May

«

(Un)—*

Ref

41

100

*

205

910

34

.34

Feb

62%

Feb
Jan

%

12

v

Jan

Jan

9% Mar
10%

Apr
14% Jan

Laughlin Steel (Un)

335
:20

a29% a29%

45%

76

Apr

*

(Un)

Woolen

Co

Anaconda

Copper

Mining Co

Corp (Un)
Armour & Co (111> (Un)__—
& Santa Fe Ry

Atchison Top
Atlantic

Refining Co

(Un)

13

Jan

20

Jan

Bandini Petroleum

Jan

Barker

>

(Un)_100
25

common

25%
29%

32"

Jan

Jan

797

6

170

6

——

(Un).

Manufacturing Corp

Baldwin Locomotive Works (Un)

Ohio

&

Corp

Bros

RR

Co

Jan

Basin

35

Apr

Bendix

Aviation

Jan

Bendix

Home

33 Y*

11%

13% May

Bethlehem

35 Ys

Jan

Jan

6

Apr
.'Mar

a90

120

99

36%

36%

245

33%

Feb

6%

6%

402

6%

Feb

alO% alO%

3

50

10 V*

Feb

--

13

134

Feb

7%

Jan

Jan

95% Mar
39

7%
12

Jan

Jan

Apr

10% Jan

a9y8

a9%

1

37%

3%

4%

5,200

IS

16%

16%

16%

630

16 %

Apr

21

148

42%

Feb

47% Jan

(Un).—100

( Un)

5

Oil Co

26% Apr

37%
27%

*

a89%

a89%

(Un)
Appliances Inc

5
5

Corp

a44% a44%

«.«•

13%.,

20c

41%

Apr

29% May
24% Feb

455

24%

25

-'260

29%
24%

•

24%,

5

Company

46

25%

(Un)__30
10

Steel

Armco

61% May

Jan"

Feb

May
*

60% May
9% Mar

33 % Mar

H

34%

a45 a45%

!

21%

"41

35

a36% a36%'

100

(Un)

Rights

Barnsdall Oil Co

Industrial

—

*
(Un)—•

15%, Apr,

79
-

11

*

i___—_i_50

t—

6%

10'/a Mar

%

San

Radiator

Smelting

American Tel «fe Tel Co

Baltimore

Preferred

Feb

3%

(Un)

Light Co

17% Mar

125

a60% a61%

__r*.

L-L'l

common

Jan

Feb

6%

Jan

100

a37%
:

r

(Un)

common

Jan

8%

1%

Low

1

(Un)_

Inc

&

Power

American

Avco

Goodrich

18%

100

3%

of Prices
<

10

American

il

Electric

16% May

'

i._

4%

••

—•

Faultless Rubber

2%

310

6%

Week's
Range

Par

Alaska Juneau Gold Mining Co—

American

V

—

2

_

(Un)

—

12%

39%

71

39
-

Navigation (Ur.)L5 :V
de NemoursJ———20 :

Manufacturing

12%

9%

iy»

Sale Price

Jan

25

25

•.'

& Cleveland

Erie Railroad

Jan

50

15% a 15%

12%

200

1%

1 Ya

Friday
■;:> Last

May

a28% a28%

;

16 Y*

2% Mar

2% Feb
May

2 'A

Angeles Stock Exchange

Jan

32

32

comhion—*"

Electric Illuinin

Pont (EI)

—

150

"3%

1

1

lii May

May

220

.—.—100

$4.50 preferred

i

72

200

'

Jan

High

•'

Cleveland

:

-72

a

4

Cliffs

Cleveland

'

.

1

■';

.

•

II

*

Clark Controller
*

.

12% Jan
14

2%

6%

1

common

STOCKS—

Chesapeake & OhtoiRy;
City Ice & Fuel

Jan
Apr

Range Since January 1

al42%al45%'

100

10%
12%

2%

9%
"

Feb

4

947

16%

,:

1 y8 Mar

400

2%

h,'

•

*

2%
n.

1

1

Tel" (Un)

&

U

Warner

Shares

2.0OMar

735

13%

4

common

Wayne Screw Products

High

28

Par
Products*(Un)___!—1

Corporation

Investment

Feb

37%

U%

5

Jan

"3% May

2y2 Mar
95c

28%

3%

1
common

1%

1% Apr

950

.

Jan

'*

for Week

Range

'.

Union

Sales

Week's

Friday
STOCKS—

Udylite

Exchange

Axle

2y2 May

1,800

24

1

common

2%

Feb

1%

1

common

Apr

1%

3%

10

Scotten-Dillon

2%

1%

1%

1%

2

—

400
400

.,

1%

1

mtmm

"

common

W)

Superior Tool & Die.:

Tel

38 y8 May

Mar

•

Apr

37%

3"%

*

Products

Brewing

Standard

Home

36

Jan

2% Feb

Feb

28%

'

mrnrnm

*
:

2%
2%

"

American

1%

1%

1%

*

common

Sheller Manufacturing

American

iy#

3

1

;

common

Oil

Sugar

(H

2%
2%

1

:

common

Mfg

Pfeiffer

.10

—

Timken Roller Bearing.

.'

5% Apr
2% Feb

8%

100

•

38%

38

N'

100

Jan

40

15
_

Oil

57%

10

common

50
154

50

Standard

Jones &

Jan

19 Va

750

587%

11%

1

31%

Michigan

■

9%

400

11

_1

common

Drug

28%

__

Brands

Standard

General

Apr

3,000

5%

14

1

28 %

Socony Vacuum Oil-

Glidden

Jan

6%

7%

11%

*

.33 %c

Pennsylvania RR
Pepsi-Cola

General

2%

3%

I

in _s

31%

Radio Corp

Eaton

Apr

Apr

'

65c

8%

8

<«

Mfg

24% Mar

Kresge Co

Du

Jan

2

300
'

57%

"T

-2%

__

Hudson Motor Car

88

37%

Electric

?

Feb

5%
'

162

3

2%
5%

' ■

v

—i

common

30%

25%

Motors

Detroit

6%
22%

4% Jan
20% Jan

4,714

65c

_

;

Manufacturing

8%

7

National. Cash RegisterOhio Oil.

U 8

100

200

2%

20

5%

'

___

Bearing

30%

8%

.1
__

Dept Stores-

.

General

Jan

35% May

*

Federated
General

Jan

20 7%

Jan

Jan

«

>.-_v

'

::_io

General

31%

1

Power & Light

29

;

1

common

'

Gas

Curtiss-Wright

wn„.

--—J

common

Industries

Houdaille-Hershcy
Columbia

16

Apr

6

22%

2%

*

•

—1

Ale

10

City Products

'

—•11

I
1

25

Service

Apr

18

'

1 all

/

Ohio

&

14

32%

150

4%

4%
22

:

Apr

6% May
10% Jan

Feb

8%

100

•

High
2%

Feb

-179

•

6%

22

1

Goebel Brewing common

Chesapeake

14

6

';':v

20 '

32

i

—

5%

250

9

14

3

.

Detroit Steel Corp

vv27.%

9

1

:

Cleveland

Edison

Detroit

Gar Wood

American Tel fc.Tel—

■

2%- Feb

285

9

Jan

May

6%

2

Adding

Consoliadted

Davidson

Products

Detroit-Michigan Stove

Stocks-

Low

2%

100

6%

—-

Range Since January 1

High

"

Friars

Unlisted

Shares

2%

1

—

Feb

>8

Low

.—I

Detroit Gray Iron

'

U

Altes

American

May

May

Electric

for Week

v

of Prices

Par

Allen

Sales

Range

Sale Price

Jan

18%

*

Last

Jan

19%

10%

•9

,t>

—l__

19%

95

63%

64%'

wy. 9

L.2.

Rapid Electrotype

3

100

10

16%

i—1'

B^_;u_..—

Jan-

:

18'%

o;

■,

64

60

3

•

50

gtd_

Co

&

i2:..i

12

»
__

Lunkenheimer

Randall class

19%

95

_
.

Magnavox

21

19%

*

Sons common

Kroger Co common
Little

21

i9%,;.

•

64,

21

-_—-10

common

Kokenge

(E)

64

Week's

Friday
STOCKS—

Hatfield, partic pfd.^....^..^.-,..

Exchange

Mar

25

51%

.

Ford

4.% May

5
Apr
67% Mar

1,044

Members

Jan

Feb

4

26 y»

342

71%

WATLING, LERCHEN fit CO.

15%

25

*.

,

6% May

Mar

6% May

212

5(4
..

17%

*

J.

Gibson Art

.

10

'

Insulation

'

6

"

6%" *>

71

7

.2__

4%

:y

7

71%,

-

__

MAY

High

6 Y*

50

—

•—<2021)

Mar

21%

191

28

5

5

5%
12

25

7

4

27

—

Dryg common

Eagle-Pieher

21%

6%

'

27%

5

Street

Cine & Sub Bell Tel.
Dow

6%
•

-8.50

Crosley Motors

21%

--

common

Low

14%

Champion Paper & Fibre—

Churngold Corp
Cincinnati Advertising Products

Range Since January 1

Sharea

-

'

6%

ZIIIIs

x—

—

CHRONICLE

rl

High

•—k

Industries

Aluminum

.

EXCHANGES
ENDED

\

for Week

of Prices

Low

Par

..

Sales

Range

j

WEEK

Exchange

Week's

Friday

'

FOR

r,

.

FINANCIAL

OTHER STOCK
RANGE

...

,

.

COMMERCIAL

THE

*"

..

.

=

;

13%

a30% a3l%

aT

29%

72

Apr
Jan

.

Jan

18 y4

32%

90

a6Y8

4%

12% May

2,492

12%

a30%

9

2.50 Apr

Jan

34% Mar

Apr

8y4 Feb

7

"

Kelley Island Lime & Trans
McKee

L_j.

Sessions

Lamson •&

(A G)

*

_

13

13%

10

13%'

9%

class B——-1

350

10

233

r

29%

35%

11%

Jan

Blue

50

27

Mar

33

Jan

Bolsa

45

;

29%

35%

Jan

34

Feb

37

Mar

9%

Apr

Steel Corp

Diamond

(Un)
;

Borg-W'arner
Cement—

*

35%
1

(Un)

Corp

5
*
*

:

Metropolitan Brick Inc—i-jt——

14,

National Tile & Mfg

—_1

4%

~4%

4

,

4%
4%

Broadway Dept Store
Bu.dd

Co

(Un)

4y8 Mar

4%

Jan

1,055

3%

Apr

4%

Ohio

Oil

l__—>

class B

(Un)

39

_•

39

30

35%

Jan

39

60

25%

Feb

33%

Jan

Certain-teed

a28Va a28%-'" >'

Chrysler

May

50-

15 y4

isy4

145

15

Mar

17%

Jan

Republic Steel (Un)—

*

21%

21 Yz"'

267

Jan

•

42

42

115

21% May
39 V* Jan

27%

Richman

Pennsylvania RR (Un)

«—^

Bros

.Standard Oil of Ohio common

10

Union Carbide & Carbon

_»

U

S

Steel

common (Un)

Van

Dorn

Iron

.____

232

22%

Feb

50

37 y8

May

a7iy» a73%

412

37 y8

*

Caterpillar

Products

69

Jan

1*

Works

Refining 8s Chemical—

Youngstown Sheet & Tube

For

footnotes

see

page

2
.

44.




.*

46%

8%

1,455

9

280

Feb

7% Mar
Feb

8ya May

8%

(Un)

12%

880

12

a55y8 a58%

246

Feb

59

i2y»

-

.

—

*
1

a55y8

33%

Jan

6% Jan
10

Jan

53%

Jan

10

Jan

9% Feb

a51!A

1

Mar

14% Jan
Apr

247

Apr
19% Apr

59

10%

13 Ya

Jan

a50V4 a52 %

275

50

Apr

56% Jan

38%

Feb

46

10%
44%

378

3%

100

17%

—

46

3%

10

Clary Multiplier Corp

26%

Jan

Colorado Fuel & Iron Corp common—*
Preferred
20

37% May

Commercial

78%

Commonwealth Edison Co (Un)

Jan

Solvents

&

223

7% May

9

Jan

Cons Chollar

1%

100

1%

Feb

1%

Jan

Consolidated Edison

64

62%

Apr

-Ton

Consolidated

tJA

Corp

Sou

7%

1%

a63Ya a66

250

8

9

8

29% May

17%

200

3% Apr

5y8

May
Jan

43 % Mar

7%

1%

23

(Un)..

(Un)
Corp

Corp

Commonwealth

Warren

5%

a43y8 a45%
»

2.50

Tractor Co

Cities Service Co

37 ya

a24% a24%

*> 779
6,692

9%

Jan

500

Canadian Pacific Ry Co

Ohio Brass

879

6
10

2
1

*

Portland

Medusa

30%.

5%
9%

*

Corp

Oil Corp

Chica

Gould &

(Un)

Corp

(Un)—*

Sav Mng

Co

of

Engineering

*
23

N Y

Corp

al6% al7%
—

a26Vi

1

25

175
770

Feb

a23%

Jan

Apr

15

Apr

17%

Apr

Jan

26%

Jan

3

Jan

3%

3%
1.40

2,909

1.20 Feb

201

21% Mar

1,989

6% Jan

11

19%

Jan

17%

a22% a23%

19%

19

25%

1.25

3%

1
(Un)_*

87

14% al47/a
a26 a26%

a

16%

3% Mar
1.80 Apr

22%

Jan

11

Apr

37

38

COMMERCIAL

THE

(2022)

&

FINANCIAL

OTHER STOCK
RANGE

FOR

WEEK

CHRONICLE

Monday, May 9, 1949

EXCHANGES
MAY

ENDED

6

>'

',

'

l'-,

•'

•

'

■

.

>

.'

.

Range
of Prices

Sale Price
Par

Consolidated

Liquidating Corp
Consolidated Vultee Aircraft (Un)

Continental Motors Corp

America Inc

Creameries of

Class

11%

11%

140

a6%

50

a57% a57%

50

9%

9%

17 Va

Jan

17% May

•

Transamerica

9%

Jan

12 Va

Apr

Trancontinental &

6%

50

Feb

8%

Jan

Tri-Continental

55 Va

Jan

Twentieth

8%

Union

Oil

Union

Pacific

United

Aircraft Corp

Jan

27

Jan

6

350

5

Feb

7

Jan

8%
8%
a21% a215%

911

7%

Jan

9%

Feb

30

23

Feb

23

a59 Va a60Va

55

50%

Feb

58 % Mar

a22%

95

20

Feb

21%

57/8

(Un)—*

5%

8%
a21%

A

Carbide

25

t

Feb

United

Douglas

Aircraft Co Inc

Dresser

Industries

50c

Inc

4

Electrical Products Corp
Bond

Electric

Power

Oil

Exeter

Ltd

Co

Farnsworth

Light Corp

&

class

Fitzsimmons Stores Ltd

Garrett

12%

12%

125

12% Mar

13 %

5

14%

14

14%

300

11

Feb

14%

Apr

25'%

25 Va

25%

300

21%

Feb

25 %

May

50c

60c

2,300

49c

Mar

1

1%

2,343

1

May

A

Radio

&

Tele

1

General

Electric
Foods

General

Motors

55c

class A

—1

(Un)

Co

7%

7%

298

12%

12%

740

10

38

38

13%

13%

Oil

Hilton

Hotels

Holly

class

Calif

of

Co

A

Oil

116

119

321

*

al2%

155

9 Va

Feb

13

8 Va

Feb

IIV4

Jan

Feb

2 V'4

al2 Va a 12%

a9%

:?,(a2.

a2

a2

'

f:

27

27

135

22%

Feb

29 Va

17%

8,615

7%

Feb

17% May

10

1.40

1.30

1.45

1,700

1.00

Feb

*

11%

(Un)_«

~

a47 a47 Va

5

41%

<

6

1,750

a9%

25%

a9%

103

1%

1.25

1.25

3

3

a52% a53%

256

1.60

1,100

1.50

__

5

11%

v

(Un)—•
*

(Un)

American

Aviation Inc

North

American

Co

al7%

al8

11

11

11%

Pacific

Oil

100
1

(Un)

Ry Co
Northrop Aircraft Inc

al4%
—

2.00

*

Feb

Feb

59

Mar

1.50

2.10 Mar

May

Gas

of

Corp

550

147/a

Mar

13 V4

10% Mar

22% Feb \

26% Apr

11%

Feb

14

3%

550

2%

Jan

3% May

36%

36%

555

36% May

39% Feb
77% Feb
42% May

12"

12

—

71%
39%

73Va

1,210

69%

Jan

—

42%

1,260

35

Feb

12%

11%

12%

1,125

9%

6%

6%

200

5%

al5% al5%

20

a23

a23
5

80
450

22%

5

a45% a46%

183

45Va Mar

__

6%*

*

.

W)

Co

•

1

(Un)

a46%

10

BONDS—
^ American Tel & Tel 2%s deb

V;V''". ][■'■'[■■■%/;v''■' ''

.«•'«,',

1957

103% 104%

—

Mar

12%
7%
14%
26%
7%
47%

Feb
Feb

14% Mar
Apr
Feb

5

May
Apr
Mar
Jan
Jan
Jan

V''

.

104% May

103% May

$26,400

I

Philadelphia-Baltimore Stock Exchange
Friday
STOCKS—

Range

American

Tel

Rights

Range Since January 1
Low

High

Tel

&

High

Jan

24% Mar

141% May

150% Jan
liS May

21 %

100

142 Va

1 dV

1A

28,569

li-i

May

•

:.

23%

12%

12%

13

1,119

12%

Apr

10 %

11

110

8V»

Feb

2%

3

1,030

2%

Apr

49%

Apr
Feb

Arundel Corporation
Baldwin Locomotive Works
Baltimore Transit Co

vtc

com

23 %

*

220

23%

2,563

141% 145 %

13
__

liS

2%

Corp
Publishing

51%

50%

51%

249

•

5%

5%

5%

18

1
13Va

Chrysler
Curtis

Shares

•

i—_————.—

w

for Week

Low

Par

American Stores

Sales

Week's
of Prices

Last
Sale Price

19Va

Co

Davison Chemical Corp
Delaware Power & Light com
Eastern Sugar Assoc common
Electric

Storage Battery
Fidelity & Deposit Co new
Motors Corp„
I

5

14Va

Jan

/'j-. 7-% Feb

s

16% Mar

18 Va

16%

Jan

20

97

11%

Apr

12% Mar

42 Va

42 Va

124

20
12'/a

1,061

12Va

•

18 %

19Va

43 Va

Apr

51 Va

Jan

May

75 V4

Mar

41 Va

531

Apr
May

67

67 %

67

69 %

95

59%

57%

59%

2,152

56 Va

Feb

62%

Feb

13

12 '/a

125

12%

Apr

17%

Jan

Apr

11%

Jan

12

Apr

5

Coal &

Jan

57%

10

Gimbel Brothers

Lehigh

Jan

3.25

10

com

General

Martin

Jan

12%
/

,

17 %

1

.'

(Glenn L)

Navigation

8

'856

"

8%

9%

10%

8'/a

%
7%

Va
8%

2,575

19%

10

18%

19%

1,053

15

15%

2,837

14 V4 Mar

17%

35%

35%

60

32%

37% Mar

25

8%

8

1

54

9% Mar

20

% Mar

--

National Power & Light

*

Pennroad

1

•

__

Corp
Pennsylvania Power & Light
Pennsylvania RR

50

Pennsylvania Salt Mfg com

10

6%

Jan

17 V»

1"

Jan

.

...

Jan

8% Mar

"

15'%
__

20c

Jan

70

9 Va

Feb

11%

Jan

16%

Jan

19% May

1.85

-

25

Mar

14% Mar

••305

2.10

/

"

50

17

Jan

11%

Apr

Jan

2.65

6 " May
1.90

8,700

Penn

Water &

19% May

Feb

Jan

35%

35%

33

Apr

36 V*

Apr

23 %

22%

20Va

Jan

23%

Apr

23%

23%

23%
24%

3,424

*

297

23 %

Jan

25%

Feb

3

Power Co

27%

26

728

26

May

40%

Jan

.*

22'/a

21%

28%
22Va

1,508

20

Jan

23

%

"

28%

27%
20

28%

734

26%

Jan

28 Va

Apr
Feb

20%

345

19%

Feb

23%

Jan

276

46 V»

Jan

%

53%. May

414

52

Feb

;r

60%

•

com

*•

Philadelphia
div

$1

Phhco

Electric

preference

Corp

common

div

$1.40

Reading

•

common

common

El

Gas

&

preference

Co

common

common

i

20

50

common

Jan

301

1,000

12c

11c

Jan

19

;,17% Feb
*.

Scptt

Paper
Oil

Sun

22%

Jan

__

2OV2

20%

250

18% Mar

20%

Apr

32

32

32%

1,119

30 Va

Jan

33%

Feb

a33% a33%

30

32%

Apr

35 %

Apr

26%

Apr

■

Apr

'

58%

59%

U

200

%

Feb

IS

Jan

3V'4
20%

3%
21%

698

2 Va

Jan

3%

Apr

1,371

18%

Feb

30%

31

55

1975

39 Va

40

$7,000

1975

/

3%
21 Va

20

Co____

43 %

44

1,500

:

*

—

Tonopah

1

United

1

Mining
Corp

United

'.

Gas

13 V2

Improvement

Westmoreland

Coal

BONDS

;'"f''

,

22

Apr

30% Mar

37 Va

Jan

37Va

Apr

54 Va

Feb

43

Apr

61 Va

Feb

j'V.

Jan

27%

53'/a *53%

+

common..:

Jan

25

Calif:

Elec common

&

(F

Public Service

ll7/a« Apr

110

r

f'.f .3

a27% a27%

__

25%

Feb

1

Finance

Pacific

20
138

3%

__

Jan
Jan

Apr
Jan

52%

476

ci

2Va
1.90

Feb

2%

'

10

(Uni..,

Co

--

1

Co

Feb

1.10 Mar

a9%

a9%

—

10" ;

:

Jan

17 Va

19% 19%
al4% al4%
6
6%

12c

1

(Un)

(Un)

26 Va

Feb

1.10

" 200

f

12

al8

1

—_'

North

Apr

18 Va May

Jan

1%

150

1%

•
1

(Un)

Jan

1.45

Jan

85c

Jan

22

11% Mar

550

1%

1

—

Distillers Prod Corp

Pacific

a22% a24%

31% Mar
86
Jan

Feb

'

-

Ohio

__

Feb

78%

8% Mar

Jan

25

15

95c

95c

6% Mar

1.15 Mar

14%

Jan
Jan

26 V4

Feb

16%

100

25%
a 9%

;

r

170

.1

Co—

Montgomery, Ward 8i Co Inc (Un)
Mt Diablo Oil Mining & Dev

Central RR

923

18'/a

56%

7% May

1,535

18%

1
1

Co

Nash-Kelvinator Corp

7%
1.25

19%

22%

125

Jan

46 V4

A

Jan

5

200

210

Jan

9

Apr

24

Apr

15c

Feb,

1.20

*

Petroleum

43 Va

40Va

6%

7%

11

Jan

Apr
5% Apr

40

18%

1.20

49% Mar

8c

839

41%

6%

1

Apr

8%

225
500

41

6%

10c

20
1

49% Mar

a9c

f

.

Jan

10%

a44% a44'A

1
7

(Un)

Jan

24

4

(Un)___

13 %

31

5%

__

:

11% May
27%

10

(Un)

1.50 Mar

75

V";

a9c

5%

Jan

45

215

11%

a27% a27%

a27%

1

Manufacturing

Jan

15%

Co

Monogram Pictures Corp

2

30

17%

100

(Un)

Corp

a9%

33Y30

(Un)

Corp

Oil

(Un)

Jan

50

Angeles Biltmore Hotel Co
(Unl

Oceanic

97

23% May
41 Va Jan

1

Co

7% Jan

Mar
Feb

5

(Un)

Inc

Tel

1,728

Jan

Magnavox Co

Northern

Apr

4V»

——-———__.1

Ltd

Woolworth

May

Apr

Paper

Corp

119

Feb

2.50

Mascot Oil Company

Nordon

Lines

31

.

Mar

13% Mar

Feb

6% Feb
20

a78% a79%

*

Warner Bros Pictures Inc

Air

10%

100

140
350
433

30%

High

10

Corp

Consolidated Oil Co

'

12

Jan

—

10

'

Jan

1,300

Lockheed Aircraft Corp

New York

100

3V4
11%

2.80

Lincoln Petroleum Co

National

10%

2.55

10c

Merchants

Apr
Feb

2

200

2.55

Company
Libby McNeil & Libby

Menasco

Steel

(Un)

i'

Jan

1

Lane-Wells

Los

45

531

6.66%

Copper

States

Universal

Jan

County Land Co
Laclede Gas Light Co (Un)—

Inc

Feb

9%

Kern

Loew's

42 %

Apr

Co

Kenneeott

120

8%

Corp

Kaiser-Frazer

United

Co

"

13% May

2%

(Un)___^—15
International Tel & Tel Corp (Un)—•
Jade

Jan

75

International Nickel of Can Ltd

International

Feb

11%

a9

RR Co

Iron

Jan

62 V4

11%

2%"

Rubber

,J

Low

10

37
25%

J

•

Range Since January 1

2,314

7Vt

7%'

__

'

Jan

42%

Feb

a8%

Independent Exploration Co
Intercoast Petroleum Corp
Interlake

39%

57

a9

Inc

Central

Illinois

Feb

41% Mar

Co_

Corporation

Hupp

35%

5

Hudson Motor Car Co
Foods

Mar

—

Corp

Development

Hunt

Jan

13

11%

1

States

11 %

10

Westinghouse Elec Corp (Un)
Willys-Overland Motors Inc (Un).

8

Feb

*

(Un)

(Un)

United

Shares

23% 23%
a26% a33%

a33

•

1

5

(Un)

..

Western Union

.

3

Graham-Paige Motors Corp

Corp (Uni

,

Sales

all% all%

__

25

(Un)___

Inc

Lines

United

,'V**p

,

for Week

50

common

(Un)

Co

Jan

7%

449

a41% a42%

a42

RR

Western

7% Mar

1,609
f

Air

California

r.

High

—

Film

Jan

65c

105

59

5

(Un)

57%

Jan

696

a41% a42 %

a42%

Goodyear Tire & Rubber Co common-•

Hancock

r

■

•

10

common

Util Corp

7%

12%

*

(Un)

Corp

Greyhound Corp

•

2

Corp

General Public

"

1

Corp

Corporation

General

Jan

(Un)___»

(U11)

Share Co

&

Electric

a24

&

of

•.,

(Un)
•
Carbon Corp <Un)__*

Union

t

.

11%

—

—1

iv-

of Prices

11V4

Air—___5

Western

Corp (Un)

Century-Fox

Mar

10

Feb

2

Corporation

,

Low

Par

High

54 Va Mar

575

a23% a23%

—

(Un)___
common

1

Curtiss-Wright

1,910

9%

5

Co

Corp

Curtis Publishing

17%

__

__

1

(Un)

Zellerbach Corp

Crown

V

1

(Un)_

17V4

—

Low

.

Range

Sale Price

Range Since January 1

ii

.

Week's

Last

STOCKS—

High

a6%

1
5

(Un)

(Del)

Shares

Low

*

Continental Oil Co

for Week

v.i

Friday

Sales

Week's

Last

'

,

•'

Friday
STOCKS-

%

Baltimore

Transit Co

4s

5s series A

'

6r,'o

preferred

5%

preferred

5%

red

25
25
25

.'

,

a33%

Pacific

10

Pacific Western Oil Corp

•
10
*

Airways Corp

(Un)—2%

Pan

Car

American

Co

(Un)

Paramount Pictures Inc

Pennsylvania

Pepsi-Cola

Inc

Pure

Co

Oil

Radio Corp

(Un)

of America

(Un)

Republic Pictures Corp (Un)_:
Republic Steel Corp (Un)
Reserve Oil & Gas Co

Rexall

Drug

Rheem

Manufacturing Co

Ranch

Co—l

Oil

——:___

Ryan

Aeronautical

St

Regis

_

(Un)

Co

Paper

Schenley Industries
Seaboard

Sears

Shell

Roebuck
Union

Sierra

Apr

3%

Feb

4%

J"an

15%

15%

275

15

Mar

17%

Jan

10%

10%

150

8

Jan

12

Apr

40%

40%

215

40 Va

Apr

53

36%

36%

385

32%

Feb

36% May

270

25%

Feb

32

"

__

40%
__

%

30

—

11%
5

30:

11%

'

12 Va

Feb

14

8%

955

8

Feb

9

Apr

5

5

11,630

5

Mar

6

Mar

985

1,136
-

__

3%

3%

21%

21%

21%

622

"A

4%

4%

300

5%

5%

5%
al6%

2%

27%

Jan

3 Va Mar

5 Va

Jan

2,325

4%

Feb

5%

Apr

61

19%

Jan

19%

Jan

al6% al6%

,

*

62%c

60c

65c

5,450

37%

:

37

38%

13,698

60c

25

,

,

__

450

5%

Feb

22%

620

17 Va

Jan

22 Va May

7%

7%

150

7% May

8% Mar

27

250

26% Mar

17%

18

a43% a45%

37"%

15

37%

37%

'a34% a34%

__

7c'

24%

♦

25%

f 1,068

15

16

16

161/4

803

5

32%

32%

>

27%

28 V4

Socony-Vacuum Oil Co Inc (Un)
Edison Co Ltd

Standard Oil Co

39%

class A__25
:

(Un)

—

20%

Brewing

common

Pitts

Screw

•

18c

.

28

Bolt

&

Feb

17%

Jan

29%

Jan

32%

Apr

27%

Apr

29%

Feb

1.429

29%

2,205

•

384

766

a33%

a33%

30

41

576

28 Va Mar

2y% May

M«r' *
23 %

Apr

.Tan

San

Spring
Air Brake—

?*> Va

3=;%

Jan

40

49 Va

Jan

Apr

a32

a31%

a33

369

34% Mar

37%

Feb

18%

18%

18%

203

17%

Jan

65

66

1,297

Apr
56% Mar

21%

65%

67 Va

Jan

41%

Apr

a41%

a40% a41%

186

37%

Feb

25

a69%

a67%

a70

242

65%

Feb

72%

Jan

1

19%

19

19%

1,789

16%

Feb

21%

Jan

1

llVa

10Va

11 Va

2,245

9%

Feb

Sunray Oil Corp common
(Un)

25

Company (Un)
Texas Gulf Sulphur Co
(Un)
Textron
Incorporated ______J.

50c

'

*

see

page 44.




Jan

10 Va

Jan

35%

92

21%

Jan

24 V4

Apr

May

8%

Jan

100

18

Apr

23%

Jan

Apr

2%

Jan

2V4

2%

29 Va

160

28

32%

32%

178

29% Mar

11c

15 Va

27%

27%
22%

35 Va

Jan

8%
57

6c

Feb

16c

Mar

14 V4

Jan

16%

Jan

27% May

34%

Jan

139

22%

26%

Jan

■

,

23

7%

51

20

2,000
,;

28 Va

22%

Feb

34

493

54

10c

15 Va

Jan

Apr
Feb

70

8

51

54

39% Mar

7

516

8

Apr

10

Apr
Feb

2 Va

*

*..

11%

Jan

29%

29%

260

287/a

Jan

30

Feb

a53%

—

St. Louis Stock

65

,

Apr
May

Apr

25

Sales
for Week

of Prices

Shares

Week's

Last

STOCKS—

Exchange
Range

Friday

Par

Investment

American
American

Tel

a56

155

49

Feb

54%

Jan

Tel

&

common

(Uni—

Bank

•:

V

100

1

Bldg & Eqpt common
Mfg common

Falstaff

Brew

Electric

General

Motors

common
common
common

(Un)
(Un)

Griesedicck-Western Brew

Huttig S & D
International

common
Shoe common

Knapp-Monarch common
Laclede

Gas

Laclede

Steel

common.,

Midwest

Piping & Supply com

American

com

(Un)

141% May

1,333

li5a May

If* May

9%

100

9

9%

10

—

a9%
__

23

a62% a62%

35

58

Feb

64

Mar

a9%

50

10

Feb

11

Jan

al5% al5%

170

14%

Feb

15%

Jan

Stix-Baer

23%

462

20 Va

Feb

25%

Jan

Wagner

a9%
23

St Louis Public Service class A
Sears

Roebuck
&

&

Co(Un)

Fuller

Electric

common

common

Apr

/ 6%

Apr

18%

Feb

23%

Feb

32%

Apr

37%

254

35 %

Feb

40%

Jan

525

56%

Feb

62%

Feb

200

19%

Jan

25

Apr

28

110

27

39%

Feb

41%
,

59%
25

27

42%
—

16 Va

60

57%

27
,

270

42%

175

6%

6 Va

150

6%

1,155

5

Jan

100

28

6%

May
40% Jan
6 Va

Apr

44 Va

Jan

8%

Jan

6% Mar
Jan

28

21%

28

Apr

34

16%

16 Va

80

16 % May

18

20%

21%

130

19% Mar

21%

Feb

16

Jan

17%

Apr

15%

Jan

19%

Apr

5%

Jan

39%

Jan

17%

17%

100

19%

17 Va

10

19%

30

1,082

"

•

Apr

17

31%

24%

58%

20

25

Jan

562

If*

•

North

High
17% May

150%

37%

__

5

—*
*

Feb

31%

37%

6

1

Low

16

230

17%

17

1
•
10

4

common

Meyer Blanke common

9%

3
1

*

31

Range Since January t

High

141% 145%

142Va

132

Burkart

Low

17%

_1

Rights

Missouri Portland Cement
Texas

For footnotes

12 Va

Feb

8%

550

18

12.50

Westinghouse Electric Corp

Jan

9

29 %

29'/2

1
1

Steel

10 Va May

45

7

18

Jan

9 '/a May

19

23%

7

10'/a

123

High
26%

Apr

7

1,081

■v>:;

37%

23%

,_5
10
—*

*

Toy Mining

Westinghouse

36%

37%

Pittsburgh Steel Foundry 5%. pfd—100

General

26% Mar

•

(Un)

(Un)

9

Anr

.

25

Tidewater Assoc Oil Co

9%

9

10

Corp

Jan

24

1,383

27V4
24

Mar

(Un)

Preferred

11

9%

*

Pittsburgh Plate Glass

26% Mar

(Un)

Co

Supply

preferred

$3.50

10%

9%

10

Fuel

Pittsburgh

10%

1

Co

Gas

Mackintosh-Hemphill
Mountain

10%

Sale Price

15%

28%

23%

Feb.

(Ind)

&

Star

10 Va

Feb

Standard Oil Co (N J)

Swift

Manufacturing

Lone

233

10 Va

Jan

10c

Feb

40%

a33%

•

(Un)
Calif

Studebaker Corporation

Joy

25

*

1

Jar.

38%

May

19%

27%

_25

of

Co

29%*

25

preferred

Oil

27%

25

:

Standard Brands Inc
Standard

com__25

25

pfd

Feb

Feb

7c

4,087

6%

System.,

Brewing

Apr

31 Va

3,400

Co

Pitt

21% May
6% Feb

129

9%

Jan

41

34%

2,000

19C

Gas

Gas

—

Duquesne Brewing
Fort

21%

9%

*
5

Co

Low

21%

21%

common...*'

Range Since January 1

High

19 % Mar

Apr

25

7c

23%

Calif

27%

Jan

512

7c

19c

Southern Pacific Company
Southern Railway Company

Columbia

Jan

16%

72

22%

Sou

fi%

41

1,625

22%

4.32 %

L)

(D

Co

Gas

Shares

"

18 '
__

•

4.48%

Clark

Standard

5%

1

4.56%

38% May

27

—

._25c

Corp

Calif

72%cMar

Jan

22 %

5

*

Corp

Corp

preferred
preferred
preferred

May

5%

__

Sinclair

4.38%,

3% May

Jan

21% May

Signal Petroleum Co of Calif

Southern

Jan'

11%
8Va

8%

4

Jan

Apr

Natural

•

Steel

Ludlum

Arkansas

for Week

Low

Par

Allegheny

Sales

Range
of Prices

Last

Sale Prioe

Jan

_*

Signal Oil & Gas Co class A

Oil

Apr

Apr

8%

Week's

Friday
STOCKS—

Jan

:

(Un)—

& Co

Oil

Trading

39%

945

24

1

1.75

50

4

10%

1

Co of Del

Oil

(Un)

Inc
Co

Finance

Seaboard

41

3%

Pittsburgh Stock Exchange

Apr

Mar

5

:

53%

20

1

Safeway Stores Inc

Apr

372

•

Company

51

2,200

•
1

1

582

Jan
Mar

9%

1

Richfield Oil Corp common

61

21%

2.50
;—

Jan

9%

•
1

Inc

51%

21%

50c

_

200

28%

•

9%

*
«

% Mar

55

:

21%

1

1

25

(Un)

Radio-Keith-Orpheum Corp
(Un)
Republic Petroleum Co (new)_—

Rice

53 %

33%c

(Un)

28

100

53 53 %
a40% a40%

__

50

(Un)

Phelps Dodge Corp
Pullman

(Un)

RR Co

Co

:

'

27

54 %

3%

Packard Motor

;

27

a40%

(Un)

Indemnity Corp
Pacific Lighting Corp common

25

a27% a27%
—

4 Va May

Jan

50c

4%

4%

4%

*

38%

37%

38%

60

12%

12%

540

12 Va May

13% Mar

37%

38

244

37 %

46

5

15

38

34%

Feb
Apr

Jan

Volume

169

THE

Number 4801

.

COMMERCIAL

&

FINANCIAL

Friday

Par

Air

Reduction

Alaska

Co

Juneau

Mln

American

Factors

American

Power

Rights
American

&

i

w

(Un)

20%

21%

Feb

250

2%

Apr

3%

3

900

2 %

Feb

3

9

9VB

19

19

a9%

a9%

al2

al2

(Uni

*

Tel

Co

(Un)

Co

.100
hi

10

22

Feb

10 Vz

1,887
18,713

12

Apr

14%

Apr

53%

143%

53 %

234

25%

26%

26%

674

25 %

(R

H)

—"

common

Jan

(Un)__._

Mother

l

Lode

Mines

61V8

Jan

37%

Apr

Feb

M

J

&

M

&

Monolith

M

Cons

Portland

Copper Mining

Anglo California

(Un)

50

National Bank

20

Arkansas Natural Gas Corp cl a
Atchison

Top

&

Atlas

Corp

Atlas

Imperial

Santa

Fe

(Un)
Diesel

Locomotive

Bandini Petroleum
Bank

of

•Barnsdall
Easln

Oil

Oil

Bendix

Co

Co

Un )_—_,

1

Cement pfd

common.—

Corp
(Un)

Steel

30c

3,500

6%

1,078

Bunker

Hill

&

17c

18c

6%

21%

21%

4%

400

2.50

ftftift' 20

295 %

Feb

20c

xx_;_.

Calif

Ink

Ore

Pr

California

Celanese
Central

Co

of

6

2

44

32

55%

Jan

775

Feb

36 V4

Feb

59%

Apr

30'/2

32

32

445

a6%

a6%

110

Apr

25% Mar
95c

58

loo

May

$5

Feb

ft. 1.80 Jan

31% Mar

34 y2

Jan

8 Vs

<•*

Jan

Feb

6

Packard

Jan

Pan

Jan

Paraffine

47'%

47%

431

42% Mar

27

27

125

25 V2

17%

10

17%

17%

120

*

11

11

...232

*

15

15

100

Consolidated Chem Ind class A

Vultee

Gas

Y

Aircraft

17

Jan

15

May

2%

Jan
Jan

26%

40

197

35i

Feb

44%

200
530

88

11%

6%

Steel

Co

America

of

232

3% May

4

'/4

100

■

:ft

50

9%

9%

290

322

Radio

Dow

Chemical

Eastman
El

Co

Kodak

Dorado

Electric

Oil

8%

Feb

6'/2

Feb

322

58

8%

Bond

Emporium

Share

&

Capwell

Co

Jan

10

Rheem

23%

2,473

97

72

94

Mar"

94

94

19

94

Feb

23 y8

;

Feb

27'/8

Farnsworth
1

Tele

&

Radio—

Name changed to F A R i
Liquidating Corp

Fibre

Mar

Board

Prod

Food
Foster

&

Kleiser

General Electric
General

Foods

'General

■'

Golden

Paint

State

Co

Ltd

200

27%

27%

398

24%

Apr

28%

a44% a46%

18

43 y4

Apr

San

48% Mar

42%

Feb

47% Mar

__

44%

•'

,

North

Ry

„:

—

14

150

35%

885

33

%

1,200

Corp

Stores

Maurico

28%

Jan

Feb

54

Jan

345

100Va May
49% Mar

104

52

50

16%

18%

160

15%

25%

26%

394

90%

91%

164

*

140

3%

ft

g3/8

9%

Bros

Stores

1 %

1,358
11

22%

22%

447

5%

A

Hawaiian Pineapple

Holly
Holly

Development
Oil

Honolulu
Hunt

Co
Oil

Foods

—

5%

800

37%

1,456

41%

10

59
a

38

41%

ft'—,
\ V*-

59

12%

a

12%

20

.11

11%

58

—

&41%

58

10
111

2

'ft

983

a4l% a42%

•*...

38

Feb
Jan

;,|i

14%

Inc....——

135%

-

1

105

International

Nickel

of

1,020

5—

Mar

28%

Jan

6 Vb

36

Apr
Feb

39%

Jan

42%

Apr

56%

Feb

62%

12% Mar
; 10 v
57

16'/4

.

Feb
Jan

12%

Feb

Jan

t.

Apr

62%

Feb

41%

Feb

44

Jan

'

2%

2

Apr

38

617

38

May

11%

270

10%

Feb

575

16%

310

20

Mar

24%

Feb

15

Mar

17%

Jan

11%

80
20

• •

500

12%

Jan

Apr

11% Mar

13

ft'

Kaiser-Frazer Corp
Kennecott Copper Corp

(Un)__

Calif

(Un)

Edison

preferred

4.32%
Conv

pfd

Kern

County Land Company...I—III5

13%

Feb

'

19%

799

16%

Feb

2.70

600

2.60

Apr

(R

-

G)

Inc

..10

,

—_

For footnotes see page 44.




_

_

1

58

ft 14% Apr

15%

791

30

270

25%

Feb

12%

956

8%

11%

100

7%

232

'

Jan

32%

•

Apr

Jan

8

Feb

21%

Feb

8%

8

Apr
Mar

7% Mar

14%

-

9

-

8%

Jan
Apr

Apr

22%

23%

29%

29%

310

29% May

28Va
34%

Jan
Feb

22

22

283

21%

Apr

26%

Jan

a35% a35%

130

35%

Jan

36%

Feb

16%

340

16%

Apr

19%

Jan

38%

8,882

24

407

21%

Feb

25%

Jan

27%ft-ft' ft'50

25%

Jan

29

Apr

22% May

228

com

Inc

Co

of

Studfebaker

Co

25'%

448

20%

Jan

a27/8

12

3%

Feb

-19%

22Va ".

23

1,655

16%

779

Texas

Tide

So

&

(Un)

Union
Union

Carbide
Oil

Co

4%

154

4%

Feb

57

57%

365

„

9%

330

52

248

24%

25%

Feb

419

26% Mar

29%

Jan

28

29% May

•'

:

a24

a23% a24%'

27%

27%

27%

29%

28%

29%

1,500

28%

28%

175

33%
40%

33%
40%'ft

25%

25%'

a8%

a8%

...

25

'ft

—

.-ft
__

__

18%

•

*

(Un)

ft

25

ft

18%

(Un)_10

16%

25

25

a53% a55%

-

....

Feb

5

.

66%

8%" Feb

Feb

Jan

10% Mar

200

2.20

Jan

260

32%

Jan

32%

Apr

17%

2,530

7%

Feb

17 y4 May

a27% 1127%
a

10%

4.

,

al0% i 110%

150

1.90

Jan

28% Mar

8%

31%

Corp

Apr

5%

5%

5%

415

a44

a44 %

a45

217

44

42%

41

42%

684

40

29%

29%
.—

'

30

10

10%

-

53
212

Corp

Apr

Equipment

Westates
i

(Un)

9

Jan

Apr

55%
46 y4

Jan

Jan
Jan

67

Feb

72%

344

16%

Feb

20%

.14% Mar

50
2

30

Jan

16% May

Mar. ;

30

.

Mar

54%

Jan

23%

1,197

20%

Feb

25%

Jan

11%

5,067

all% al2%

51

10
10%

Jan
Jan

12
Mar
13% Mar

36%

Apr

__

a38

30%
13'/4

(Un)_L„

5

;

10

—

L

_iE

12%

1

-

•

ft

30'/b

49

243

ft

a36% a37%
:

535

31V4.

I

—ft

(Un)

5

(Un)

3%

...

25%

1,119

41% Jan
31% Mar

Feb

13% Jan
24»/4 Mar

10%

Jan

14% Mar

3%

455

2%

Jan

1

-

69%

73%-

1,020

35

Feb

S'/b

225

8

Mar

12%

95c

1.20

3%

1,532

.ft:

19,370..;.

9%

Apr

78%

Jan

470

11%

_.

ft.

24

•

8

—\
'

Feb
11% Mar

•

450

300

41.41%

71%

__

1

common

;

12%

"

Feb

12%-

13%
ft a22% a22%".
12V4

71%

10

_

Jan

45

Jan

9%

Jan

Jan

12% May

Feb

1.20 May

1

'1.15

1

;

Lines

Union

Jan

7'A

6% ft 7%

3,600

6%

Jan

7% Jan

1

al9%

al9% al9%

100

19%

Apr

5%

Feb

22% Jan
7% Apr

"

Inc

(Un)

Telegraph

1

(Un)

—

12%

23%

7

200

15% al5%

5

23%

315
250

7

__

4

a

85c

Feb

16% Mar

22% Apr
5
Apr
44% Jan

26% Jan
7% Jan

15

Jan

Feb

Air

20V2

67%

22%

25

West Indies Sugar common..
Western

Jan

18

11%

a55

—12%

Co:

Petroleum

Preferred

9% Mar

23%

(Un)__—•

(Un)

Warner Bros Pictures

Jan

Apr

35% Jan

11%

5

common

U S Steel Corp common
Universal Consolidated Oil"

Victor

49%

27%

vw

2

Inc..

of Del

Feb

10

common—

—

Calif

Lines

Apr

28% Jan

143

ft

.

Jan

11

Feb

5%

Air

33%

'

56% Feb

377

1,948

16%
16%
a29% a29%

—

Apr

39%

33

19%!

Apr
Mar

25% May
9% Mar

72;'.
235

69%

Jan

27%

1,044

18%ft

18%

;

•

'66%

69%

__

1

:
com

18

64%

__

3'/4 Mar

32%

900

Aircraft

United

Apr

28%

32% May

Sugar common cap..

United

Jan

23% Mar

(Un)

Carbon

&
of

Apr

17%

29^4

Calif

Oil

Corp

Feb

24

636

(Un).

Ass'd

ft

Feb
Feb

390

—

Company
Water

Transamerica

15

3%

32%

A

ser

(Un)—
Superior Portland Cement
Swift

ft.

:

16

—

4.88%—25

of N J

Jan

25% Mar

24%
a2%

25

Corp

38%

25%

2

Inc

Co

Jan

Feb

31 ft

_

31%

common

Oil

Mar

39%

120

1

Brands

11c

Feb

a34% a35%

__

•

Standard

Feb

25%

25

pfd

Jan

6c

a35%.
__

23% May

16%
34%

1,205

11,800
405

._

6% Mar

32

4

Standard Oil

ft

7c

6c

38% May

Jan

5% Mar

200

23%"

21%

-25

25%

Co

Corp

Spiegel

5%

—25

Gas

Pacific

36%

23%

27%

5

—

preferred

California

Sperry

16%

(Un)—*

;

Co

4.56%

Convertible

19 y2 May

,

29% May
9% Mar

Westinghouse

Elec

Willys-Overland

"

Leslie Salt Co
LeTourneau

49'/2

a36% a38% \

15

—

4.48%

Preferred

Western
1
•

11%

Apr
Feb

11%

7c

ft

Union

"

190

(Un)_*
*

'

Jan

40%

52V4

;

15

-ft

Jan

20

Feb

8%

210

'ft.-

22%

•

Coalition

2% Mar
39%
v

15%

190

„

17%

(Un)

,v

10Ve Mar

--181

a38% '.

15

—

Transcontinental & Western Air..

32%

com

;

,

15

Jan

41'/a May

H%

9%

—

International Tel & Tel

Feb

18

5%

*

Oil

King

Southern

Jan

1.

Canada

Jan

21%

•.-ft ft-

.1

P10

Sinclair Oil Corp
(Un)Socony-Vacuum Oil (Un)
Soundview Pulp Co..

Apr

108

22% May

4%

4 %

—ft'--6%
(Un) __1

Apr

4%

<>

10%

37%

N

Jan

7%

Feb

19

——

Maryland Mines Corp
Co..—ft——

Feb

V' ft-r

8'/4

aGl^a a61%

__

? <

Jan

Mar

2.70

Power

Independent Exploration

96% Mar
142 %

Jan

3%

336

a39% a40%

__

" ;

5

Mining

United

19%

'

.{-ft

26% May

17%

23%

1

5

Jan

14

is6 May

500

12%' ft 12%

ft

Corp—
■

Feb
Feb

15

a35%

ft:

Signal Oil & Gas Co class A—

Jan

39

Feb

38

.

ft ft'"--;.:

LLi

(Un)

•

Idaho

Co LtdJ——•
Co_^
1

Inc

'

Idaho

•'

Apr

21%

—

(Un)—•

Co...ft

Standard

.——3

Inc..

18%

'

'

Hale

Jan

Feb

89

40

'ft

Jan

58

24%

805

4

.-'..ft ft

__

*

—

class

Co

Roebuck & Co

Southern
1

-.1

(Un).*

Apr

23%

•

106% 106%

•

...

Apr

10% May
12'/2 Mar

ft

1

.100

pfd

non-cum

Corp

Feb

35% Jan

50%

8

1

ft;

Shell'Union

So
1

V"

___*

„

2,270

'

14

ft

*

(Un)

187

11%

4

ft

'

Graham-Paige Motors (Un)__
Greyhound

9%
6

ft .7% Jan

35

14

•

.

•

:
.A

,

44%

10%

11 %

2%

common

4'!c preferred
Goodyear Tire & Rubber

Great

1,182

•

'L

Cement

Safeway

Jan

4

a46%

'

common...

33%

ft,

26%

12

Apr

■7%

4

pfd

ftJv

20%

Feb

8%

"ft 37%
(Un)
ft—
*
Corp.:.....L_. ft
59.

Corp

Apr

5%

4

l

(Un)

•'

'•

■

20%

50

8%

Corp

Motors

General
'•

,,I

common.....:

Co

25

ft" ft,

8%

.

(Un)__—100
Machinery & Chemical__.__.__10
pr

Oil

Sears

6

1

,

Jan

52

1

-Bros

Ryan Aeronautical

Jan

95

6

—5

*"

-•

32%

Jan

706

.'ft,

1

Manufacturing Co

Jan

97

.

ftv

a20% a20%

(Un) —10

*

May

30%

29%

25

Richfield

Feb

96%

•

ft
L-s..;

Apr

30

;

100Va 100%

*

common..

Riverside

Apr

325

23%

15

(Un)

Co..

Incorp

33

802

Jan

Apr

233

-ft

•

Preferred

918

"

54

__

•

(Un)

4,492

6

21

Apr

26%

11%

ft.

Apr

8'/4

Jan

94

*

Eureka Corp Ltd

America

32%
33%

3%

18% Mar

53%

:

•

(Un)

200

26%

__

(Un)

836

30:i30%

__

25

Feb

4

20

33

21%

_33y3c

Apr

31%

■

Silver

Works.—

13 Vb

__

Republic Steel Corp (Un)
•
Reynolds Tobacco class B (Un)______10

54% Mar

May

322

23%

•

(Un)

common

Corp

Rayonier

Jan

12 Va

'54'/2 Mar

ge%

*

common....^.

Co

of

23 Vz Mar
43 Va

Apr

*

ft.

_

"(Un).—

Co

common

Roos

1

Publishing Co common (Un)__*
Cuitiss-Wright Corp (Un)—
1
Mfg Co
Dominguez Oil Fields Co

12

'

a54% a54%

Curtis

Doernbecher

Jan

80

140

50

Orpheum (Un)
Ry Equip & Realty Co Ltd common

Feb

21% Mar

41%

5

(Un)

Cola

Pure Oil Co

;

Crucible

Jan

13 Va

4

1

(Un)

Radio Keith

_=»

ft—

v

33

11% May

3%

-.ft;

:

.

*

(Un)

Co

Puget Sound Pulp & Timber

■'

Corp common

RR

Jan

28% Mar

__

•

Phelps Dodge Corp (Un)
Phillips Petroleum Co^

Jan

11

100

_

...

—

Pepsi

Jan

3%

1

Bank...

Pictures

^3% May

25%

6%

I_

5:

Creameries of Amer Inc.——

Apr

•375

23%

1

com

(Un)„.1

11%

1,550

3%

1

(Del)

10%

3%

22%

23%

(Un)_15

(Un)

Co

Jan

Jan

(Un)

Companies common

Paramount

Jan

19

.

26%

a41 % a4l%

(Un)__•

Co

l8'/2

17% May

Feb

Airways

Pennsylvania

40

5

Co of N

Natural

16%

American

2.65

Apr

50

ft 90%

•
*'•

1.95

Feb
Mar

560

.100
ft.

41c

a29

__

•"

•'

Feb

iiy2

„

•

(Un)

400

Jan

15%

al2'/4 al2%

100%

4

•

2.15

Jan

60

Feb

23c

200

11%

Feb

a29

__

100

com

27c

2.00

Apr

3%

*

Coppermines

47% May

""29

Jan

26%

3%

•"

27c

Mar

15%

ft

ft 5

53%

10

common

10
41

•

260

32

.

(Un)__;

8

43

—

25

>

32 Vz

25

41

__

ft

25

com

•

57 y4

(Un)

Mar

20

—

Tel

Motor Co

'

Feb

Edison

Consolidated Edison

Service

&

Tel

Apr

(Un)

Jan
Jan

18

4

common.—

Cement

preferred

Pacific

30'/a

a

11

Feb

20

•

Public

1st

bu'/2

17%

Feb

17%

11%

25

Corp

Pacific

30

a

9Vb

32

__

25

common..

preferred—

Portland

495

I.

170

al0% alO%

al2'/4

32 % Mar

Woolworth

10%

Yellow

Feb

Cab

(F

Co

Corp

Motors
W)

(Un)

common

(Un)

(Un);

1
10
1

5
__

—

f

Apr

9%

5

preferred'

51%

*

12%

10

preferred——

Lighting

50 %

a23% a23%

11%

10% Mar

Jan

4,400

25

(Un)

& Southern

preferred

red

5%
Pacific

Jan

54

412

1.40

10V* Mar

2.00

5

preferred

1st

19% Mar

1

956

Apr

Jan

Feb

30

20

Commonwealth

2nd

8%

46%

Electric

&

1st

lo

Solvents

Preferred

Gas

5%%

3%

System

Natl

Jan

109

(Un)„__•>
:

Continental Motors

Pac

Jan

25 y4

503

32%

1.20

22

Mar

Feb

al4% al4%

1

—

7% Mar

;

300

*

Pacific Finance Corp (Un)

Jan

Feb

11%

__

__

*

'

Jan

Feb

6%

.11 ,11%

27c

cap——

15%
11

Apr

9%

50

••

a7'/8'

9%

.1

......

12
•"

•

150

Apr

al9'/4 al9%

__

100

Filters class B—

Pacific

"I.

55%
55%
a24% a267/8

1.20

May

23

10

110

32

14 '/2

Corp

Pacific Coast Aggregates

Mar

'-..J

10

(Un)__

Pacific Amer Fisheries

Jan

9

100

common

270

22%

17%

,

al9'/4

Cons

Feb

19% Mar

145

9%

(Un)—10

Jan

8

11%

11

1

12

22c

57% Mar

al8

__

(Un)

Railway

Feb

6% May
Jan

Jan

52 Vb
'

427

10% -10% ft
a7%

Jan
Jan

35c

al7%

...

«

(Un)—_

United

6%

500

110

50'/a
•

Co

Co

•

Preferred

RR

Zellerbach

May

7

1

Commonwealth

Crown

Mar

8

7

x

Crocker First

47

a4l% a41%

•

Oil

45
100

430

2.50

Gas

Feb

8

8

1,280

America

Preierred

Consolidated

reo

15%

Colorado Fuel & Iron common

Continental

40%

40%

23%

•

Clorox Chemical Co

Consolidated

110

14%

Cities Service Co (Un)

Consolidated

Jan

23%

♦

(Un)

Commercial

2.60

100

Corp

Columbia

1.95 Mar

14%

(Un)

Chrysler

2,455

Inv

Petroleum

Oil

"

(Un)

common

Oil

Pacific

Oceanic
Oliver

Jan

2.20

American
American

Ohio Oil

Jan

14%

23%

common

com

Preferred

Apr

7% Mar

8

Mining Co

Paul

May

260

a43% a45%

a45%

Co

Chi

St

May
34% Mar

33%

2%

(Un)

Chesapeake & Ohio Ry
Mil

30% May

29%

2.01

*

Tractor

Corp

170
585

Co

Ocmidental

13

30%

American

North

Feb

30%

•

n-c

1

13

43%

a40% a41%

5

;

pfd

Mar

Aviation

Northern

12

■;

(Un )

cap

American

North

Jan

10%

2.20

10

Co

6%

Eureka

150

42

Jan

10%

l

—

13

.*

cap

Company

North

Apr

355

30%

3

Store—

Packing Corp

Caterpillar

13

10

10%

■'-4%

9% Mar

12

.1

(Un)

York Central RR

New

Apr

30%

30%

5

(Un)

11'/a

Apr

310

•

Cement

California

Mar

11

400 •'

a44% a44%

Natomas

Jan

.

Apr
'

——

2.10

Jan

17c

465

..

17%
ft

1.50 Mar

26,000

54

Apr

ft 24

Apr

22c

2,000

6%

__

Apr

11%

Feb

22%

4,100

Jan

Jan

37

a„

1,380

25c

53%

,

__5

....

Prod

1.75

f'

Feb

11%

-

Feb

18

23%

Apr

9%

100

24c

1

North

4

5"

(Un)

Distillers

Mar

..7Va

305

Byron Jackson Co
Calaveras

32c

9%

15

Sullivan

150

Corp

Lines.....

220

1

Fibres..

City

261

10

—1.

Auto

16

•

(Un)

(Un)

:

National

Mar

i

•

Department

11

Co

National

20% Mar

Feb

6Ve

Nash-Kelvinator

Co

National

6

10j

_

•

Bishop Oil Co
Blair Holdings Corp (Un)

Broadway

Jan

Apr

27c

&

Monison-Knudsen

May

9%

(Un).:..

Borden Co (Un)______j
Boig-Warner Corp (Un;

9

102

4%',Feb

30c

11

Jan

J^n

6V2
102

20% Mar

6%

Jan

Ward

31% Mar

Jan

50

3

.100

34%

Apr

28 %

200

(Un)

common

Aviation

Bethlehem

1

120 V

5%

13

A__—

N

30

150

10P

(Un)

;

California

9

5%

2.50

(Un)__x
com

167

a90% a90%
a22% a22%

5

Baltimore & Ohio RR

30 %

9

100'

Engine—
Atok-Big Wedge Mining Co.
Avco
Mfg Corp (Un)

Baldwin

30%

(Un).*

(Un)

1-425

a28% a30%

a28%

Montgomery

123

1.6O

.

24c

,

Anaconda

May

30

alO

Jan

31

•

Apr

35

35»/8

15

__

P10

lft May

11

a32% a327/a
22%
23

23.

:

30% Mar.
21

30

__

10

50

8%

21% Apr
18 Vb May

Jan

82

alO

15

18

14%

363

21 Va

:

__

•

(Un)

Mfg Co....

Mindanao

21 Va
__

Meier & Frank Co Inc.:

595

High

7% May

*'16% Jan

a30% a30%
r«% a!0%.

a9%

_1

Robbins Inc

&

a30%

270
400

18Va

17%

.-—

5

L)

Navigation Co

McKesson

s

Low

7%
19%

7%

—

Range Since January 1

High

19*

1

(Glenn

Shares

/

—•.

Co

Co

Menasoo

149%

Jan

% May
53 y8 Apr

(Un)

Co

Matson

Feb

53%

•

Martin

Jan

45 Ye

&

1

Calculating Machine
Marine Bancorporation (Un).

Apr

63

Inc

Corp

Marchant

Jan

7%

Aircraft

Magnavox

Mar

Apr

260

-

144% 144%
%
lft

•

(Un)____14

(Un)—

'"Jan

19

15

a44% a45Va

;

—

7

10

-

Macy

Apr

May

450

...

Loew's

Apr

3%

2*8

(Un)—20

cap

Light

„,

Woolen

180

Lockheed

High

3%

—

Viscose Corp com

American

Low

High

a22%a23%*

a23%

Range Since January 1

for Week

of Prices

Low

ft'ft

7

—

Sales

Range

Par

Libby McNeill & Libby

i

Ltd
&

Shares

Week's

Last

Sale Price

10

Amer Radiator & Stan San (Un)
•
American Smelting & Refining (Un)—•
American Tel

•

in

Co.

(Un)

American Airlines Hie

;

*

(Un)

Gold

Alleghany Corp

of Prices

39

6

STOCKS—

for Week

Low

MAY

Sales

Range

Sale Price

ENDED

Exchange

Week's

Last

WEEK

Friday

San Francisco Stock
stocks—

FOR

(2023)

EXCHANGES

OTHER STOCK
RANGE

CHRONICLE

23
5

5

45%

45Va

7

7

.

300
200

6%

Jan

47%
7%

Jan
Apr

•

40

(2024)

&

COMMERCIAL

THE

CANADIAN
RANGE

WEEK

Monday, May 9, 1949

MARKETS

LISTED

FOR

CHRONICLE

FINANCIAL

MAY

ENDED

6

Friday

Montreal Stock

Exchange

Last

STOCKS—

Oaaadlan Fonda

Friday
STOCKS—

Week's

Last

Sale Price
Par

Abitlbl Power A

Paper

$2.50 preferred

131/a

~20

ai

i*

18

k

Algoma Steel

*

—_

Asbestos
Assoc

&

Bathurst
Bell

t

preferred

k

Power

tight &

Trac

Feb

24%

Jan

42

44%

610

42

Apr

56

51

53

580

50 %

Apr

61%

Jan

25%

110

25%

Jan

26'A

Jan

Power

Corp

eye

6

6%

335

5% Mar

6%

Jan

20C

20c

500

22%

22%

23%

595

a90

a90

10

20c

Jan

26'A

Jan

22% May

Jan

B

19

18%

19

360

•4iya

41%

4,553

18%

18%

19

2,618

13%

13%

14

129

24

23%

24

1,005

22

Feb

24%

$1.30 preferred

24%

100

24% Apr

25%

Powell

18%

Feb

20%

Apr

Power Corp

12

Jan

14%

Apr

Price Bros

2%

725

2%

Feb

320

24%

Feb

26%

River

a2

a2

2%

Feb

3%

3

15%

50

15

Apt

5%

5%

215

5

26'A

28'%

1,330

26

% May

15 %

15%

100

15'A

22%

23

464

28%

28

28%

163

27%

22

100

19%

22

Breweries

Canadian

Foundry

Car &

2nd

:

Jah

57/b May

2nd

.

22%

Jan

10

14

113

36

30

19

Jan

15

series

Apr

Simpsons Ltd 4 '/2 %. preferred—.

98

Jan

98

Jan

13

Mar

14 y4

Jan

Southam Press Co——
Southern Canada Power —

Mar

37%

Feb

Standard Chemical common

21

Jan

2,071
520

12%

12%

360

12 %

Apr

14%

15

195

15

Apr

17

Jan

class A pfd

Class B

20

Cottons

Foreign

19%

Feb

22% Mar
39

37

Feb

20

May

Investment

al3

15

47

47%'

150'

26%

~~

*

common

50

al3

■>

1__;

Canadian

•

65

10

26%

40

9% :

•
____»

9%

1,140

9%

545

30%

50

96

Feb

98

Apr

qo

16%

387

7

1,135

6J/2

111

7

-.

6%

.50

Jan

16
.

91%

12

370

12

Apr

10

23

85

75

Apr

$ 41

673

_

Jan

14l/4

Feb

" a77.

Jan

10

6% May

a23

,

'

17% Jan

.

Mar

6%

:

Jan
'Jan

24

86

Jan

44 y4

Apr

25

Apr

■

39% Mar

,

24

T

23 \

Feb

442,.

46:

Apr

■.■i.

50

!19%

Apr

..

15

140

Jan

24%

46

24

,•

46%

2,500^
;

142

142

17

17%

; 480

,,17

17

450

16

;96

96%

125

96

.17

'

..

48 V*

V 25;
f. 145
:

Jan

-

Jan

-

Apr

17% May

15% Mar

7%

United

Steel

common

800
..51

6%

425

10'

'

82%

83

?n

18%

Mai*

Jan

7y4

J&n

82%

Feb

1

82%

15 y8

15%

816

14

160

14

160

•

6%'
a26

__!

6%

83

.

,

Jan

13

Feb

13%

Feb

46

Mar

47%

Viau

—

Feb

28 V2

Jan

i

•

14 Vi Man

15

545

26%

1,470

25

.75'.'

18

Jan

16%

Apr

Jan

Mar

14%.

/_

26

Jan

24

5

,

Feb

9% May

Jah

7%

Jan

21% Mar

9% May
13% Mar

26'A

Feb

16»A
170

6% Mar

225

,

Feb

85%

Apr

6%

Apt

Mar

160

Feb

83%

/

80% Mar

.,25

83

*
.100

;

Jan

Feb
Feb

78% Mar

315

;

Jan

97%'Apr

6

19%
i8ya

6 y4

a81 % a81 »A

-f-

May

17%

19

18%

83

>'

a26

Corp—

Biscuit

i.

.—25

a——t&
Ltd —a——-i_!

Stores

•t

./

*

common...

preferred

Thrift

96 y2

—100

Canada

of

Co

*

17

Feb

Walker

Gooderham

Wilsils

Ltd

*

Worts

&

y 26]

25%

19

19

__

Jan

28%

Jan

19;

J

,

33%

34%

99

99

35

25

27%

27%

1,105

•
—u

Feb

37

Apr

98,-

3,771

100

Winnipeg Electric common
preferred

27

Jan

100

Feb

27%

31%

B

*

____

Apr

Ltd

class

B__

Red

330

22 y2

Feb

25

25

25

Apr

25%

Jan

122%

Jan

Montreal

25%

25%

25 W

2,035

25%

Feb '

26 y2

Jan

30

Jan

Nova

10

,35

.35

36%

Apr

38

Apr

Royal

10

25%

25%

26%

Apr

95%

97%

1,642

95

Apr

25

50

20

Feb

38

225

•*(•'35

Jan

8%

8%"

100

8

Apr

97

15 %

15%

2,810

15J/8 May

18%

36%

1,336

31%

37%

19

535

21

a8

7

25'A

25'A

50

25%

Apr

27

Scotia

38 %

39%

190

35%

Feb

39 V2

33%

165

31

Feb

34%

Jan

15%

16

696

15%

Apr

17%

Jan

a24 a24%.

75

21% Mar

24%

Apr

25

21%

26% Mar

25

common

15%

*

a24 %

8

Mar

Enamel

*

25

Canadian

25

Jan

12

4.16%

Ltd

Steels

19%

Apr

21%

Jan

Atlas

10%

Feb

12

Jan

Bathurst

Jan

15%

12%

12%

80

11%

Feb

14%

Jan

al6

al6

15

14V2

Jan

16

19

19

85

19

Feb

19% Mar

14

14%

450

14

Feb

15%

*

Apr

17

*

25

23%

25'A

155

23

23 %

1,185

97
■'

'

•

•

Steel

•

97

97%

100

16%

16%

17

50

Jan

24

Jan

27

Jan

22%

Apr

28 y4

1021/4 102%

120

*

Bridge

Smith

Ltd

Hudson Bay Mining k Smelting
Imperial Oil Ltd

British

Packers

Columbia

Ltd

98 V2

Jan

Brown

17%

Jan

Company

common

102 'A

Apr

preferred

common

Dominion

8%

Coal

International

Bronze

10%

9%

10%

1,192

30

29%

30

758

27

Mar

•

43%

43

441/4

996

43

•

18%

18%

19'/a

9,767

16%

17

&

International Nickel of Canada™

8%

Feb

Apr

Canadian

Jan

Canadian

Gen

Electric

General

Apr

56%

Feb

19 %

Jan

International

Petroleum

Co

Ltd

13% Mar

14%

Corp._

Labatt

Ltd.

(John)

of

the

Woods

Lang & Sons Ltd
Laura

Lindsay (C W)

Mailman

Export

Corp Ltd

B—

common

84%

86

255

84

11%

11%

50

11

a226

a230

6

16%

16%

400

20

20 y2

335

'

*
•

25%

Apr

19%

Feb

22%

Apr

Canadian Ingersol Rand Co Ltd—
Canadian Inter Inv Trust Ltd corn-

83%

Jan

85

Jan

Canadian Marconi Co

Jan

122

17%

Apr

22

5%

&

Pr

Jan*

;

Products

Canadian

Silk

Vickers

30%

Apr

36

Jan

49%

49%

51

2,046

48%

Feb

58

Jan

Canadian Western

8%

Ltd

8%

8 'A

8%

1,101

Apr

12%

Jan

Canadian Westinghouse Co

52

52%

555

50

Feb

59%

Jan

Cassidy'i Limited

13%

14

670

13%

Feb

15%

19%

180

19% May

23

Jan

Preferred

24

23'/2

24

220

22%

Apr

29

Jan

Commercial

18%

19%
18'A

18%

170

16 %

Feb

19 y2

Jan

151/4

151/4

25

14%

Jan

15

151

*

6%

6%

100

6% Mar

7%

Jan

16'A

16'A

25

16 % May

19%

88

76

Mar

3

Jan

Jan

4

9%

9%

63 ;

a22%

a23

35

22%

81

Feb

4

J'an

■

.

•

750

1.35 May

8

Jan

11

9% Ma^

Jan

2.00

•

Jan

•

Feb

24

.

78
"

3%

May*

2.00

1.25 Mar

81

135

63%

Feb

3%

4,300

3%

Feb

,4

Mar

84

3%

81

—2

100

,

Jan

a52

a52

23

10%

10%

125

35o

35c

14,645

-

Apr

Ltd.

10%

•

35c

Adv Ltd com.

100

*

50

Feb

10%

Feb

12

Feb

25c

Jan

60c

Jan

52

*;

Mar

a68

20

3%

3%

6

6%

1,350
1,250

a30c

a30c

61

a66%

54

100

Jan

6

Jan

7%

Jan

Jan

Jan

14

May

___——

-

>

—-

'

15

Mar

8 %r

Ltd

Alcohol

common..

•
—

*■

Consolidated

Stand

Div

Sec class

■■

•

93

187

92

Apr

95

Jan

Dominion

Engineering Works Ltd

700

17%

Feb

22%

Jan

Dominion Oilcloth & Linoleum—

•

1,670

12%

Dominion

Square Corp

—1*

—

Woollens

•

22

22

485

52

52

376

30

32

"88

28

Feb

100

Apr

60

17

Feb

20

Mar

285

33

Feb

37

May

19%

Jan

23%

51

Jan

52

Jan

40

Eastern

40

100

30

y4

Jan

Apr
Jan

Steel

Products

Ltd.—

Kootenay PoWer 7%
Mills Ltd (The)

Esmond

pfd—
pfd

JPairchiid Aircra'fc;! tri .
Fanny Farmer Candy Shops Inc

Jan

24

15'/b Mar

16

Jsn

15% Feb

18 y2

Apr

a46

a46
38

55

70
12

16

17

6%

6%

,

'

•
'

35c

;

2,990

L*

Worsteds

17

•

6%

100

26

26

—.20

16

16

60c

32%

32%

,48

Jan

5

42

Feb

230

37

Apr

465

55

Feb

25

12

May

13%

1,738

16

May

20 %

Jan

175

6

Apr

7%

Jan

5

-

16
60c

Ltd_

1

\

East
•

22

&

Donnacona Paper CO

Jan

17

37

Jan

Apr

35c

37

•

20%

100

'

"12

93

19%

13%

Mar

al5

al5

16%

20

15

6

16%

—_

Paper Corp Ltd

3% Mar

'

A—*
*

Preferred

Consolidated

—

r—1—"Is

preferred

93

Montreal




54

Jan

178%

Jan

1.05

15 % Mar

14

14

37

44.

17Vb
22

19% Mar

1.50

common———.—1

General

Neon

*

34%

see page

Feb

Jan

*

For footnotes

Apr

9

15% Mar

171

4

common

13%

Molson Breweries Ltd

1

Jan

16%

a—

1.05

Lumber Co._

52%

19%

Montreal Telegraph
Montreal Tramways

50

a__

1.35

4

class A___.

•

19%

Locomotive

Jan

23

'

Apr

_i

;'

2,223

•

___<

6%

Feb
Feb

Ltd com—•
—

311A

100

(Robt)

12% Mar

May

1.35

preferred

30%

13%

Mitchell

14

1
*

31

*

—

.,'j

Feb

78

77

77
*

:

—

Paper Inv

♦

100

Oil

■

Apr

173

171

171

Jan

131/4

S)

'

20

100

10

120

t.

Ltd. _50

190

Jan

,

common."

Co

1,457

24%

Apr

500

a84

*

(J

Jan

86

*

McColl-Frontenac

Mitchell

103

10,650

100

preferred

Jan

115

3

Dominion

5%

Massey-Harris

4

,5%

iVa

22%

*

class

Jan

2%

5%

7 Vb

25%

/
MacMillan

6%

18%

a84

3
common

Jun
Jan

5% Mar

42%

22'A

•

Secord

14

15

'

*

•.

A)

Jan

Feb

4

25'A

*
common.

(John

Mar-

1.15

Jan

2%

11% "

0

preferred

Claude

Lake

165

12

3

Jan

5

Power

Utilities

Mar

14%

80

•

Invest Ltd—L__

•

International

International

5

1,055

—

Canadian Industries common

15

Paper common.

May

10% May
31

Canadian

International

13

al4

14

Sugar
class B

•

35

all

al4

: s

20%

Packers Ltd

19

*'

;

_*

Malting Co Ltd———

Canada

19

Jan

14
165

-

Jan

47 V2

Canada

Jan

preferred._25

6%

Mar

50c

14

Jan

10

160

100

20

Canada

102%

Feb

121

5

70c:

70c

47%

Apr

Apr

14%

121

al65

6%

Apr

14

15 V2

99%

485

100

preferred

Mar

4%

47%

Feb

5

16

Canadian

Intercolonial

165

20%

14

100

25%

25

*

15%

25

Corp

preferred

May

165

'

100

;

■„

Acceptance

4%%

14

Jan

Feb

106

7To
4%

50

j'

-

100

—___—

"

Indust

10%

119

all
".

Butterfly Hosiery Co Ltd ——__-I.¬ —1

15

1,975

-,

Mar

12%

495

--

May

100

13%

■■

...t

14%

13%

■

B

cl

100

13%

High
15

Feb

14

*

15%

Imperial Tobacco of Canada common_5

...
.

Jan

11%

—

16% Mar

97

♦

common

V

10

Jan

•

—

Paper

Low

335

10 y2

al65
4

Brewers & Distillers of Vancouver.. —5

Canadian Pood Products Ltd
Howard

Range Since January 1

High

a4%

14

*

A_—!'___

class

Ltd

*

165

Sales
Shares

"

Millen

&

100

common

5% preferred
Gypsum Lime & Alabastine

Hamilton

Jan

;

14

a4%

<*

Preferred

100

Wares

Jan

165

B _«

Cd Ltd

Paper

—

Brand

i;.

■«* ■

common

5% preferred
General

14%

-

/•-,

25

a4>/4

—

&

Power

Apr

25

pfd

common

'

Jan

for Week

10%

Bros Ltd (new) common™
100
Belding-Corticelli Ltd common.
100
7'fc
cumulative prefeirred

125

Preferred
Power

980

>

11%

125

15%

Fraser

'

26

Low

•

4,810

15%

*

Gatineau

Mar

of Prices

♦

Works Ltd.:

Glove

Acme

Brandram-Henderson

•

20%
24

-

""

12

20

Famous Players Canada Corp
Foundation Co of Canada—
Co

34

Range

;

Sale Price

19%

*

Products.

H)

(T

920

Week's

Last

11%

1

Heating

35 !

Funds

Friday
STOCKS—

19%

•

Corp

&

Jah

Montreal Curb Market

8% Mar

Par

-23%
common

Eddy Paper Co class A preferred

Estabrooks

•

Apr

33%

39

Jan

18% May

Beatty

Electrolux

*

10:

«—:

28%

,

Feb

B___

preferred

/

.......

Feb

a8

•

Chemical

preferred__

Apr

18%

*

class

6%

Jan

35%

*

Coal

Limited

Banks—

8% Mar

19

20

Textile

19% Mar

23%

25

15%

Dominion Stores Ltd

Dominion

700

23%

25

Zellers

'

36%

:

&

20

23%

10

___25

:

common

Glass

Tar

20

10

'

*

preferred

preferred

Dominion

10

Dominion

12% Mar

28%

*

6%

Dominion Steel &

Canadienne

Jah

13% Mar

190

*

Dominion Foundries & Steel

7%

Jan

14%

2,534

13%

5

Distillers Seagrams
Dominion Bridge

Dominion

17 y8

13%

13

__^_u.

,

Dairies

Jan

13%

Crown Cork & Seal Co______

Dominion

Jan

24%

Consolidated Mining & Smelting.

Dominion Coal

Jan

11%

36%

13 y2

»

¥

Leather Co

11%

Feb

30%

37%

Cockshutt Plow

Davis

9

~~

25

Canadian Pacific Railway

Glass

:

»

Canadian Locomotive

Consumers

9%

Mar

Dommerce

Class

9%

Jan

»

preferred

Steel

5%

Canadian Ind Alcohol class A

Apr

60.

40% '.

■

•

Wabasso Cotton

Canadian Converters

Canadian

20% Mar

100

r

16%

Feb

a75%

17

Jan

15

20

Mar

V 48

Jan

•

Apr

23'A

20%

38

13

390

II?

35

22'/a

38

472

53

12

17 ye

.100

22

20

'■,

10

20%

20

15%

-.51

v46

»

Sicks Breweries common.

Apr

8%

22

25

; v'

Apr

-20%

25

Jan

.

16

•

$1.00 series

Jan

;l9%i;i9%

May

*

2,715

19 y4

qo

40'%

Feb

May

63

J'

I

____a

Feb

a97

21%

Jan

45

42%

10

16%

a77

30

36

20%

Jan

Apr
15% Mar

a23

Apr

a97

21%

102%

Apr

37
61

__

Bhawinigan Water & Power com:
*
Series A 4%
preferred™—___—_50

13%

*

101

Apr

Apr
25% May

'

14%

Sherwin; Williams ( of Canada com—f
•f.
7% preferred _!„_!!!—_^—!—__10Q

•

common

9

539

■v

36% Mar

s

Jah

50

15

Jan

100

:

—

Paper 1st preferred.. -99

preferred

20%

45

495

.

1

L—

!

Flour Mills common..

St Lawrence

Jftn

173 Vb

-

38 y8

.:

..

.3

common

preferred

Lawrence

23

Jan
Jan

4,975

.

Feb
Jan

Feb

20

42%

! Jan

-

23

!59

';

16 al6y2

*

™

Apr

100

*

common—__l!—:—

Tuckett Tobacco 7%-preferred

Canadian Celanese

Jan

May

37

a

.

16%

157/a

35

20

»

26%

a9

common

J

"lOO

Apr

a8%

Ciass A

Jan

%

104

Apr
Jan

21

51% Mar

172

45
a60% a60y2

52

——H—_—

Paper

103'A

1,848

'43'A;

15%

22% May

•

—.

Mar

Jan

60

Li

common

23
28

25

t

.1

101% alOl%

a

16%

a

comnSon.'.—

Co "Ltd

;

25Va

J-38Ve

of Canada—
&

St Lawrence Corp

5%

Canadian

Canadian Bronze

—I

—

33

15

_

Feb

1,035

172.

21%

:

__

20 I.''

■

.1,239 '

-

44%

Jan

17

Jan

26%
151/2

!ioo

preferred

4%

Jan

15

.*

11%

28 " May

25

44 >/8

25%

Co._-j.___ ——

Quebec Power

Jan

10

Cahada Northern Power Corp.j
Canada Safeway Ltd 4%% pfd

Apr

:

Placet Development

Jan

,'>3

21 >/8

172

;

r_t™

common

Jan

26%

10

common

common

Ltd

23

26

20

Feb

42

20

100 >

54%

20%

172

44%

417/b

23

preferred

Canada Steamship
5% preferred

\

Jan

2%

._

_____a™—__

Jan

10 y2

.,.931

21%

44%

Tubes

18'A May

2%

15%

.100
—

*

t

38%

261/4

5

28

'53%

21

common.——

Rwys

■

Jan

*

Foundries

Electric

Light, Heat & Power com.
prefeired _l!
—!_-™_

5%

Jan

24%

•

*

common

Flour Mills
preferred

Page-Hersey

411/4

*

;■

Canada Cement

1

St

Building Products

Canada Iron

20c

a__

*

Bulolo Gold Dredging Ltd

20%

21%

Ottawa

_*

Mills Ltd Class A_T

High

40

330

103% 103'A
54%

Dtd--!!™'.

Ogilvte

^

1%

"

A

20

,28

__

Weaving—™

Mines

Rolland

cl

,

'

_10

Co Ltd—

Wire

Ottawa

_25

Columbia

11

:

38%

34% Mar

5

V

preferredr^iiril'-'ZilOO

(Wm)

Noranda

25%

*

common

1,005

a42

11

:

♦

Corp™*:

Car

Low

37 y4

a42

'

"

__

Jan

Neilson

Niagara

*

:

Co.

Class B

$1.75

38

Jan

*

Power

British Columbia Forest Products

6%

Apr

20

*

Preferred

Class

Jan

Apr

21%

a35 V2 a35%

25

British American Oil

VrUck

20'A

17%

Steel

Range Since January 1

High

36% .;;'36%

pfd____ —5

Chemical

&

National Trust

Jan

Penmans

Paper class A

British American Bank Note

British

17 %

37

•

.

Telephone

Brazilian

1.713

National

High

Apr

251/2

*

Teleg

18%

18

Low
13 y4

195

_

Corp

Tel

1,708

24'/a

•

,

Warrants

13%

Drug

Shares

1"

25

preferred

National

51%

pfd_.__.__25

Argus Corp Ltd common

High

13%

Range Since January 1

24'A

&35 % '

___

Aluminum Co of Can \%

Shares

441/2

..20

Aluminium Ltd

of Prices

7%

241/4

____

Acadia-Atlantic Sugar Class A—

Breweries common.

National

for Week

Low

*

common.

$1.50 preferred

Sales

Range

for Week

of Prices

'Low

Pat
*

Sales

Week's
Range

..

Sale Price

26

May

16

May

40
•

Mar

70

-r

May
Jan

'•

V.

5
'

1

<

26

5
<

260
50

60c

Apr

32

Apr

.

4

.

26

May

16% Mar
r*

"1:9,5

Jan

36%

Feb

()

Volume

169

Number 4801

THE
H..1K it.i i in.

ii

COMMERCIAL

&

CANADIAN
Week's
Range

Friday
STOCKS-—

v-s,,y;V'

U-.:

*

v •. i. ••..

Last

•:. *

Sale Price-*

LISTED

FOR WEEK ENDED

RANGE

;

FINANCIAL

CHRONICLE

if-'

i

MARKETS
MAY

6

Sales

Toronto Stock

for Week

Of Prices

Shares

Range Since January 1

Exchange

'

....Par

.

Fleet Manufacturing Ltd
—L
Ford Motor Co of Canada class A

*

Great,Lakes

•

Halifax

Hendershot

kote!

Paper

Insurance

)

Ltd

Co

85

common.^"

(Walter

Maxwell

conv

*

Distilleries

common/

Ltd

6#.: preferred

Mica

of

Canada

Minnesota

&

Ltd—

Ontario

Mount

Royal

Rice

Paper

NUclear

Crush

Power

Ltd

6f/r

n

c

2nd

part

;

6%

-1st

pfd

Purity Flour Mills Co Ltd
Quebec Pulp &• Paper 7;%
Quebec Tel Corp class

v ;
*/;.

.

Industries

Southern

Ltd

Canada

Pr

.

_-—//——?

6%

pfd

16%

__100

Southmont Invest Co Ltd

-

Inv

A

pfd—*—150

Mining

xL-L-4

17'A.¬

300

9

50

10%

5

5

22

73 y4

9% Feb

25

12%/

-

.

5

Jan

104

Apr

III

51 % May

54

20

a

7 Vb May

50

8

.—

50c

/' 22%

1

41c
45c

Apr
46c' Mar

Apr

20

r

"20

-

Feb

v,

50c

25

49% May

17%

15

Jan

38

50

21

*

35% Feb

—

12%

,

.

leg

-

16

28c

l'%c

30c

15c

2,500

2'%C"

lV2c
■

/605

15c

<28bvApf
'15c

1

•

i

«

'

Base Metals Mihing Corp Ltd

Bdbjo

Mines

"Ob's Lake Gold

Mines Ltd__.

V

-i

•

-

>

•

,_1

Ltd—_1

Central ;Manitoba Mines Ltd
Centremaque Gold Mines Ltd—

Consolidated

;Central

Explorations

Cournor

Cadillac

Mining

East

26,200
*4,500

•

5V2c

^1.000

-

5c

*

5c

1,000

4-VaC

Feb

7%c

/--5c

r

vr

•

■.'•ii

6c r Apr
2c

36

Apr

7c

13c
■:.•'

10c

y_l

——_

Mines

I6c/I

16c

'

8c

10,500

5c

5'Ac/

1

6%c

:-*7c?'May;/

II,500'

13c

13c

700

18%

18%

'•

260

3%c Mar

7%c

i_

Ltd

Mines

Ltd

25c

9'/2c

_1

9c

-

9%c

Eldona

Gold

Sol

Mines

Gold

Formaque Gold
Goldbeam

Ltd

Mines

Mines Ltd

v-

- -

25cj

16% c

Apr

2.75

10,250

61c

63c

1,000

52 %c Mar

Hollinger

Cons

Gold

Mines

Hudson-Rand

Gold

International

Uranium

Mines

:Jack

Lake Mines Ltd
Joliet-Qucbec Mines Ltd
Labrador

-Lake

6'Ac May

1

—

—/_■

(J945)

Shore

Louvicourt

Mines

7;700

2.03

r

Feb

~

Goldfields

Mining
Nechi

Corp
Cons

of

Ltd

Canada

Jan

18c

Apr
Jan

•

11%

11%

iiy,

;•■'• 750

10%

Feb

12%

Jafa

7C

a'/2 b

4,500

7c"

May

14%c 15%e

19,100

3.30

3.40

500

14 %c May
3.15 Mar

4%

43^

50

4% May

New

Goldvue

New

Louvre

New

Mines
Mines

Marlon

Gold

33c

1
1

15c

1

3.40

Gold

of

Ltd

2—1

1

Blue

__

Ltd

__1

Ltd

Sladen-Malartic
Stadacona
Sullivan

Mines

(1944)

Cons. Mines

2__*_

Ltd

Bo j con

Ltd

OH Stocks—"
'

10c

Mar

6.25

Apr

—

Oil

Jan

Jan

-

British

&

Dev

British

Forest

Ltd

Oils

Jan

Products

Power

class

B

British

Oils

Leduc

Homestead

Decalta. Oils Ltd

Ltd—

Oil

Co

A

10C

Apr

Apr

_—j.

Broulan Porcupine
Mills class A

1

:

*

12%

Jan

Buffalo

Lake

Home Oil

Co

*

Mar

Apr

9c

4.000

8c

May

2,800

14c

Red

Feb

31c

Mar

Bunker

Hill

600

1.60

Jan

Burns

22c

y

Jan

Burrard

3.70

3,000

8'Ac

,Okalta Oils Ltd

Co

Ltd-.—:

Apr

Jan

&

Co

class

class

B

14 %c Mar

Calgary

Petroleums

Ltd

2

1st preferredEdmonton

Flin

Flon

*

Royalite Oil Co Ltd new common
South
Brazeaii Petroleum Ltd

footnotes

see

page

19

2,935

18%

Feb

5c

5,000

5c

May

23%

24%

1,805

24'A

24%

599

86

88

75

98

*

/ 30c

.Apr

67c

Feb

Calmont Oils

4c

Apr

8c

Jan

Campbell Red Lake—

4c

Mar

7c

*

6c

1,000

8%c

4,500

38c

1,100

1.65

7c

22c

May

14c

Jan

38c

May

48c

Jan

.1.47

45,950
1,400

Apr.

2.57

Jan

Cement

common

Preferred
Canada

1

Iron

Foundry

Jan

90'A

Jan

May

101%

70

5%

215

25%

26

140

2%

2%

•>"300

28%c

34c

50,200

27c

/Feb

32c

32c

500

31c

Mar

15'/4

40

98

-

2%

2,800

13 %c

3,550

.•

12c

1,500

11c

6'/2c

2,000

5%c

27%

28

460

5c

1.92

Apr

6%

Jan

26%

Jan

3%

Jan

37c

Fee

37c

Jan

17

Jan

May
Jan

24c

Jan

3.05

Jan

Mar

20c

Jan

9%c

Jan

Apr

27% May
3%c May
Jan

14'A

15'% May

600

33

12%

5,500

%

Jan
Jan

Mar

15

15c

13

3
13

2% Mar

2.30

Jan

Feb

5% May
25

2.25

Jan

Apr

10

13'Ac

13

Apr

7%c Mar

May

110

3%c

May

25%

2,500

*

20%

Apr

86

17%

Feb

8%

Jan

15%

15%

67

7'/s

7%

975

7

Mar

30

30

May

5c

Jan

May
Jan

30%

65

5.50

5.90

II,880

6'/2c

6'/2c

2,500

6c

F&

8Vic Jan

46c

9,800

38c

Feb

54c

3.'45

2,975

4,30 Feb

30% Apr
6.60 Jan

53c

22c

Apr

42c

Packers

Mar

40c

May

,

Canada

Permanent Mortgage—

12,186

45c

-53c

Jan

Canada

Steamship Lines

1.45 Mar

3,300
■

Feb*1-

1.35

•

•1.90

Jan

1.57

Apr

68c

72,100

3c
9.45

,^125

4%c

4,000

4.35

/

9.20

23

Apr

15

28

May

22

118

19

Feb

22

May

8%

8%

40

8% May

10

Mar

1,000

15%

15%

115

15
Mar
187'% Mar

192

1.28

3,60 Mar

98c

500

95c

5.30

May
Mar

27c

Mar

36 %c

4.50 Mar

Preferred

preferred

6.60
43c

1.65

Jan

22

Mar

Jan

29

May

22'%

Feb

24

Jan

Jan

Canadian

;•

20%

20%

21

2,803

19%

Jan

21

Apr

*

16%

16%

16%

160

15

Feb

18

Jan

16
12%

16
12'%

25

15

Feb

18

Jan

475

12'A May

14'%

Jan

15

15

210

15

Apr

17

Jan

1,155

Feb

22V4

Canadian
Conv

Breweries
Canners

s.

Feb
Jan

May

Car

common

1

,

*

20

Canadian Celanese
New

9.70

13%

1.20
2.10
13c

.

„

.

%

2i'A

20%

21%

25

20'%

20'%

20'%

50

•

—

24

24

24

145

.*

6%

6%

7%

1,090

74
9'A

75
9'%

290

9'A Mar

11%

Jan

9'A

9%

200

9'A May

11%

Jan

19%

Jan

20% May

21%

Feb

23

28%

Jan

8%

Jan

Apr

Jan

2.00 May

Feb

—

;•

common

preferred

Canadian

9 %c May

•

*

common

Canadian Dredge
Canadian

Feb

;

A

Feb

26,000

.

Jan

Jan

3,300

25

preferred

12c

89 %c

60

24%

32c

2.95

20%

Jan

37% Mar

20

Mar

2.45

35'% Mar

325

Mar

16%c20%c

115

Apr
J4n

1,895

8c

5,500

36

14%

29

17c

2.60

36

16'%

2,4

2,500

2.40

36

Mar

20%

1Q.500

....

13

23%

20c

3,500

115

__50

—

Varnish

9%c

8.849

2

14

20%
28%

Feb

43c.

10c

192

29

Jan

300

.

192
13 %

Feb

23%

15

1,000

12»/8

%

Jan

♦

110c

31c

9'/2c

15

13 % '

*

29%

10

Apr

43c

5,100

_*

100

common

26%

Canadian Bank of Commerce

Feb

3c

8,100

2.00

5

28

4'Ac Jan

Mar

5.85

•

23

22

Canada Wire & Cable class B

73c

2'Ac

3,000

98c

23
28

__

Jan

1.29 May

27c / Aprr:
53c Mar

■'

B

Jan

3.75 Mar

Apr

Jan

1.08

600

class

Jan

28
„

Jan

25c

2.70

23

10
*

Canada Northern Power-/

40c

3.20

Food

Products

Class

common

100

xr_

Indus

Alco

"A"

voting

B

•
*

74
—

„

6%

55

74

Apr
May

77

Feb

Jan

14c

Jan

Feb

2.60

Apr

Feb

3.00

Jan

•1

Canadian Malartic

Jan

25c

Apr

6.65

7.05

8,478

5.90

Feb

7.05 May

14c

14c

3,100

14c

Apr

22c

3an

Cos

*

Cariboo Gold

Castle-Trethewey
Central

Canada Loan

3,500

66c

70c

79c

Jan

13'A

13%

210

Jari

15%

Feb

25

13%

13%

13%

3,822

13% May

17'A

Jan

_1

1.25

1.25
1.65

1.25

900

1.15 Mar

1.50

jan

1.68

350

1.74

Apr

201

201

4

;•

common

Canadian Pacific Railway

:

_1
100

70c
—

—

65c

12%

1.55

201

44.




Jan

9

24%

2%

40c

3.40

20

common—

8,100

40c

10%

-

__

1

:

Preferred

__

Feb

1.25

24%

10%

.

Apr

9.50

Feb

19c

7.00
*

45c

22 >*Mar

98%

r

5.70

1

9c

16%c

__

*

800

43c

2.70
-

Apr

v-'

2%

7%

?

:

4,200

5.80

2.40

1

x

Ltd^

18%

13%

*

•

Linen

&

Callinan

Canadian Oil

Western- Oils

Feb

6%c

27%

«

A

36c

3.90

.

90c

■—

8%

12c

_x

2.28

;*

——

4V'2c

4c

11%

*

22c

Jan

Jan

1.95

Feb

11c

1.66

•

Oils

ioo

/

*

Burlington Steel

4%c

2.45 Mar

1.67

62c

.1

Ltd

Pacalta

9

May

18c
Feb
: 5%c jap

8.25 Mar
45c

Ffeb

22c

Feb

5,450

Jan

Products

•

1

84c

'•

1

2.55

13,000

9c

26c

970

75c

32c

*

__

29,500

* ./

Gaspe Oil Ven-tures Ltd

15,398

9.35

65c

15'A

__

31c

_1

31c

_*

x

42c44'/2c
9.20

5-%
v

•

Buffalo Canadian

Jan

30c

\

•

2%c May

*

Oil

Bruck

45c

May

1.29

__

51%

Mar

9 %c May

__

*

Buffalo Ankerite

2c

'27c

__

Jan

48

3,400

98%

Buffadison Gold

25c

i.17

>

Ltd

__

•

•;

Dominion

Class

1

Feb

16c

2,506

87%

Jan

550

30c

Corp

___—__r.____

24

100

Jan

1,000

1.57

4.00

33c

5c

18%

100

Apr

72c

Apr

Mar

5'%c Mar

.

4,500

*

Columbia

Class

pfd

70c

25C

3c

i

119,520

jan

7.50

*

10

Columbia

Canadian

Oil

30

20c

41%

Jan

9

25

British Columbia Elec 4%
4%%
preferred

14%

'

Mar

1.66

__

5.00

3c

65b

■*

common

62'A

3%c

9.45.

1

100

9'/2c 10'AC

/

Jan

10c

i.57

;63c'

-

14% May

May
38% Jan'

10'Ac Mar
lie Mar

42c

common

May

5,000

1.24
.

Calgary'& Edmonton Corp Ltd.*——*
Calmont

For

Cordage

Preferred

Mar

9c

"//

Dominion

6,488

7.00

__

American

Building

1.55

1

:—i.

—

41%

May

2'/2b

•

Ma.V /

10

10,100

JUn

7.00

14c

10c

51

750

75b

49c

__

1

Anglo-Canadiarr Oil Co Ltd-

Pan

10%

jan

23

41%

14c

30c

-

65c

14

22c

Jan

Canada

Westville Mines Ltd

•

34

34c

•

Pacific

3,300

22c

__

1.55

—_1

Waite Amulet Mines Ltd

New

70,000

33c

38c

__

1

Consol

14c

1.48

—

-

__'l

Asbestps Corp
Vinray Malartic Mines Ltd—

Central

Jan

Apr

23'Ac May

•

*19

li'/2c

British

52c

Jan

11%

7c

1

United

,

6%c

Jan

25

•
«

Jan

36'A

305

•

48

Jan

10c

May

305

27o

Jan

19

48

1

Mines

& Millen class A

Feb

11c

14%

14c

Jan

5'A

26%

4,000

g%c

Feb

3.65

34 % Mar

24,333

*

—

Bralorne

4%C Mar

14'A

38c

Apr

19

27c

21c

Vic Jan

Apr

'-14

.

6'Ac

1

Jan

3.35

11

Jdn

6c

45,400

22c

_l

Pershing

Apr

32c

27c

5'Ac

1

_x_

Bordulac

2c

6c

__

*

Ltd—

Mines

__

17c

25

100

22c

32c

1.60

1

Ltd—

Trebor

41%

/■

36%

5'/sc

4%c

36c

___1

•

Sylrfrnite Geld Mines Ltd_____
Torbrit Mines

14

50

,_j.

BonetaUGold

Apr

1,000

11c

—

1

Ltd

23'Ac

Apr

'

1

iixxx

Canada

Mines

36%

Class A

1.66

__

1

Ltdt—

Mines

560

1

Gold

Class B

8c

___50c

i

I,950

__

*

25
1

preferred

Mines

Apr

2.48

—

Ltd—1

__a

'

'

i

a.—

7,100

7fe
25%

5c

Jan

Caldwell

Ltd

Mines

26c

*

cominonj.

18c

6c

25%

__

*

xx—

Gold

Jan

25c

—

1

Mines

17%c

__

25%

.10

Canada

Gold

British

Scotia.x

Kirkland

12%

3%c

8'Ac

•
2—

Gold

i_

1

10

x__

Mining...:

Ribbon

52c

75c

__

Sherritt-Gordon Mines Ltd—

.

1

___i___

Quebec

23c.

10c

i—_—-1

Corp

Senator-Rouyri Ltd

v

Metals

Feb

10c

1

Ltd

Yellowknlfe

Santiago

-

Nova

*

x—x-

—

Consolidated

May

30c

__

.

.

Mines

/

Montreal—:

10

10 %

x—1

i-—

O'Brien Gold Mines Ltd

Siscoc

xx

of

33c

a61 a61%

Ltd—12—?

Mines

Mining

10%c

.Piccadilly Porcupine Gold Mines Ltd—?
Quebec
Labrador
Development
I
Quebec Mangahese Mines Ltd_'_-_^
1 >'
Quebec

j

Mines

9%c

14'A

5

Alger Mines Ltd

Normetal

:

Brazilian Traction Light & Pwr com--*
Brewis Red Lake
x
1

•

Jan

13% jJan

94c

1,000

1,700

10% Mar

9%c

11 %c

,'

Jan

May

Mar

2,505

1,500

28c

14%c

Mar

1,500

10,500

Jan
Jan

11c

15c

3.80

8c
8c

59c

78c

May

9'Ac

Jan

6%

Feb

10,600

10'A

41c

Apr
Jan

23c

Mar

5%

Jan

%c

7%c

15,i00

500

3.35

14'A

1

Ltd

Ltd

13c

37

Apr

"3,100

6c

9%c

1

Dredging

New

3.65

1

Mines

4c

6c

2,000

3'AC

Feb

21,000

15c

(1937)

—

Jan

3.45

Jan

22 %c

5c

78c

// 5,500

5c

10%

8.65 Mar

1,000

4y4c

2.68;Apr

2.35 May

5%c

625

32%c32'/2c

__

69c

6%c

41c

1

Macdonald Mines Ltd

Mclntyre-Porcupine

32%c

__

1

Ltd—

Ltd

Mines

9 15

9.00

1
*

Jan

5%c

5'/2c

3'Ac

„

9.00

*

;

5.30

3.55 Mar

12%c

10

3'Ac

1

45,675

6c

32c32'/4c

10

■

4.35

70c

15c

5

3.70

I2%c

6c

1

4.00

Jan

1

5c

1

Mining & Explor Co Ltd

Rowan

Lake

Ltd

Ltd

Mining Co

Jan

•

Oil

6'Ac

__1

Jan

68c

1

Mines

Brantford

Mar

9c

2.38

_/'/

Apr
Apr

20c

26c

620

Jan

19c

2.35

-.

38c

12c

6,500

11%

Brand

500

2.35

Ltd_^.__

May

14,500

30c

Jan

2.45

1

30c

14c

26c

11%

Apr
Feb

2.38

—__i

Mines Ltd_____

2,000

12 %c

28c

11%

Bidgood

yr.

El

31c

13 %c

10

i8c

1

.-■

Jan

72,250
II,5on

19%

1

East. Sullivan Mines Ltd

18c

T>c

Jan

'

5,000

25c

Jan

28c

Jan

13c

15'A

•

12%c

10c

Boymar
•

Jan

2,000

15c

21 %c

Bevcourt

37%d keb
l6c
Jan

1,000

7c'

7c!/:;

Ltd__l

16c

Jan

26%

12c

Belleterre

Jan

I,000

Jan

61%

30c

«

common

Beatty Bros (new)
Sell Telephone

Mar

May

5c

56

Apr

25% May

13%c

I_1:

—

Oil

Bathurst Power class A

Jan

5%c

Apr

50%

275

25%c

Bi'se

Feb

=

42

605

1

Bagamac

-

;v39c Jan

Jan

■

375

53

1

Aunor

Jan

25c

Mar" /

Jan

/_

'

2%i

5%c
__

Ltd

Mines

Malartic

*

10c

2%c

;

Dulama Gold Mines Ltd

Gold

•

5c

Apr

45

Aumaque Gold

May

v

Jan

85c

27%c

25%

550

Aubelle

Jan

20c

Jan

22 %c Mar

42

6

Bob jo

Dome Mines Ltd

Duvay

65c

61c

Feb

8c

9%

Apr

25%

t"eb

May

8'A

51%

6

Bank

9c

w-y 5c

1,000

6

Bankfieid

25c

7%c

1

Ltd'_

Co

v

•

1

Astoria Mines

Cortez

;-

I,000

*

Corp

Feb

-18% c May

6,500

/;: 2%c>

__1

——

Consol

8c

*

—

Chetkirk Mines Ltd

7c

6cy
• 6c

120

70c

6,000

Feb

Mar'

1,500

2,500
17,000

8c

V

t

yj-.r

:

•,

Candego Gold Mines—
Carrier-Malartic Gold Mines

27c
20c

500

8'A

16c

Jan

6c

6,000

18%c

•

;

■■//.

6%c

25c

20c

1

Bouzan Gold Mines Ltd—

.

25c

t

Ltd

4 6c

6c

5%c Mar

5%c

8'A

15c

*

'

:

Jan

Jan

51%

*

Atlas Steels

v*Jan

36 %c

103

15c

j65c

.

May

100'A Mar

23%c23%c

*

Lead

3c

'

-500

20

70c

1
A

i.

Auto Fabric class B__

/29c

Jan

Athona

Feb

.17% May
38 Vi Mar

P^ay

12%

25

1

Bank

Hand-Oiie Gold'Mines Ltd

Mines

2

Jan

51

Jan

20%

Ashley Gold & Oil—:

Apr
*

-

Feb

21%

5%c

__

25

Ashdown Hardware class A

113

Jan

5%c

Jan

38'%

Armistice

Jan
Jan

////<:

;

Ltd

10%

110- May

-1,200
•

pfd

Mines

Argus

18%

Apr

1,470

High
17

Apr
17% May
36% Apr

Arjon Gold

Mar

16%

6,195

a20

Feb

Larder

Canadian

Area

24%

Low

13

v.

44

Canada

Jan

8% Mar

450

158

46c

9%

"■12%

10

-

•

-

Feb

23'A

100% 100%

•

of

Anglo-Huronian
Anglo Rouyn Mines
Apex Consol Resources

Mar

,

75

1

Yellowknife

Anacon

Mar

7

20

7%

12%-

Cons

American

Feb

107/8

100
.

37

1

Nepheline

Anglo

340

•

—

Ltd
Co

Amalgamated

Jan

18'A

24'A

•

—

American

Jan

9%

16%
•" 65

17%

Steel

Aluminium

Aluminum

jan

y4

Apr
Maf

8% Mar

275

69%•

X38

/■

1

Mines Ltd——

Mines

Jan

491/2; 49%

__

:

Aumaque Gold Mlh^s Ltd__

1.10

50c

17%

-

Stocks—

Anacon

Arno

Feb

94

1,180

37

*

Oil.

Jan

45c

—

Windsor,Hotel Ltd —-4—lJU.

12%

a20

i/j;

&

Pacific

Atlantic

/

Clas3 B preferred——
25
Westeel Products Ltd —e_i.—____?

</

Jan

9

45c

/'

class

5

6

A

Yellowknife

Algoma

Feb

Jati
Mai-

110 -110

.

45c

Corporations class B——*

United Fuel

7

5
12

16%- 16%-•

/

.

*

Trans-Television^v-;—
United

Jan

350

20 /
20
8%
8%

20

Alberta

Jan

-250

al.00

7%

Qas

Akaitcho

13%

Range Since January i

High

13%

100

Agnexv-Surpass

' Mar

27%

5

101/2

<

Acme

low

20

x—x—

Shares

18'A

—-—20

—

for Week

13%

*

Jan

18

Feb

!H® pre^err^

Par":

common

Preferred

J&h

12

•

•

al08al08'%
51% .,51 '/2

51'/2

red pfd__100

Russell

1,050

Jan

II

Paper

Acadia-Atlantic class A

Jan

16%

26% Mar

71/2,

'

.

&

$2.50 preferred

Jan

83>4

"

.

Mdy '

17%

-

common.—10

8

225

•

al08'/2

■■75,

14% Mar

150

17

0

50

H

26%

5

10'/2

100

ApT

8

17%

12

*

-i

pfd

125

68'%

/

*

:

Corp of Can

92

__

*

Enterprises Ltd

Orange

225

al.OO

Co______5

Ltd—

,

8%

6%

L—*

Mills

Feb:

14%

•

—

.______10

Moore Corporation Ltd

74 %

8

'_

10

''

-2~%

v

Power

Sales

Range
of Prices

Sale Price

;/"
Abitibi

/

Feb

Last

./'/'/■;

r.

:

26%

7%-

*

Luu-

13 ;

~2%

85,

STOCKS—

Jan
Jan
Jan

10'A

Week's

Friday

Jan

16

.

'

17%
-

—

Canadian Funds

Jan

26

'

81/4 May
9% Apr
V'

'

; :

100

//

8

*

17%

pfd 20

Apf

10

2%

14^4

—

com__10

Ltd

Melchers
...

-

Feb

.

& —"

18

8

__

—*

20%
?

*/"';■ / 50

al5

2'A

Apr

13

300

101/2
•

High

1.50

215

85

__

«

Massey-HarrisnCo Ltd 6%%

al5

Low

'

8%

2%

—

Lowney

762

*

13%'"''

:

10%

-

LaSaiie inc_L____-___I
«/
Hydro-Electric Secur C0rp__w__^i.____«- >
Inter-City Baking Co Ltd
100

Maple Leal Milling Co Ltd—
Maritime Teleg & Tel Co Ltd

23

13

8i/4

...

common—*

Ltd

2,700

22 %

8%

de

Investment Foundation

1.85

13%

y

—.10

Paper Products

High

1.75

1.75
22 '/a

comi

Co- Ltd

Co

Low

•••;'•-.

1

Mar

Jan

May

210

Jan

1

(2026)

42

THE

COMMERCIAL

&

CANADIAN

Monday, May 9, 1949

CHRONICLE

FINANCIAL

MARKETS

LISTED

'

RANGE

Friday

of Prices

Par

Central

Central Porcupine

Chaitco

Steel,

1.00

::z-i

1.10

21,400

74c

93c

51,625

18'Ac

18'Ac

.

20c

9,000

9%

common

,Chateau.-Gai

Wines

,

.-1 i*- U-i

>4

Chemical Research (neW)___

Che&iark-Mines;,

r 9:

—.

—

.

—50c

L

-

68C

60c:
3C

•

Chesterville Mines

E~

Chimo Gold

.5c

1

1

.

,

« - •

™l-:

Coastal .<>11$

Apr

11,

Jan

10

Jan

Harding Carpets
Hatker Gold'

93c

Mar

Harricana Gold

10c

Jan

--48©-

1,500

-•-

-

;

May '

*•§©• Mar

•

28e

27c

-

T

w

2.50

-

—

Mar

-

.

l

.P

•—w—

!

113 1
.13:

kS,

li

._1^.

Colomac Yellowknife
Commonwealth. PetrpleUm

:13 3
25c

4'Ac

Mines

!

——

Consolidated Astoria

-

v.

1

Consolidated Bakeries
Consolidated Beattie Mines I

1.00

17c

A

**•

.

800

1.05

13c

„•

17c

-

—

1,406

.

85©
13c

9'/a

230

48c

12,700

1

56c

56c

57c

3,200

Consolidated Homestead Oil—

*

9c

9c

10c

7,000

Jan

•

12c

12c

.500

12c

Consolidated Mining & Smelting——5
Consoiladted Press class A
?'
Consumers Gas —

97%

Cosmos

100

150%

1,294

95 ye

.

.

..

Malartic

,

Jan

Industrial

1.45

Jan

Inglis

1,000

12c

21

Apr
15'A May
18 %c Jan

Apr

10

12%Mar

IZVsQ J**
65<r Jan
lO'Ac May

l19'A Jan.

—1

20c

22c

4,075

20c

Mar

30c

Jan

CrOinor Pershing
Crow's Nest Coal

—1

54c

54c

500

40c

Feb

61c

Apr

100

49'A:

50
8'Ac

160

45 y2 Mar

52

Feb

7'Ac May

15c

Jan

24c

43c

Jan

12%Jwn

Apr '
Apr
Mar

19c

30c
43

.

11 %c Feb
82c
Feb

•

38c

——

.

Crowshore

Patricia

D'Aragon

Mines

22c

8c

8c

7'Ac

7'Ac
24c

,,.. ..

8c

26c

29b

~V

—

Leather .class 'Bj.

8c

7,500

17'Ac

17'Ac

1.60

15,000

-

1.60

-

-

4,200

8»A

8-:

Decalta' Oils Ltd

Aceoptance

3c

6c

Apr

112

117

Mar

Denison

Detta

Nickel

Red

.—1

_—

Mines

—X

Lake

I

-

500

-

May

May

73A

Jan

9'A

Feb

17c

16,000

22c;

8c

Z

—1

1.65

6 %c

'

-.1»

Dexter Red Lake

(John)

&

29%
19%

315

27'/a

Feb

29% Apr

18'A

22,767

16 Va

Feb

13%

13%

1,545

25'A

25'A

220

5c

5c

3,000

22'A

22'A

200

8%

29'A

22%

Co^

Jan

14%

Jari

24%

25% Mar

May

7%c

Jan

20'A Mar

.22'A

Apr

9

Feb

Apr

25%

Jan

99% Mar

101%

8'A

372

22

22

140

100

100

25

I1

30%

31

5,571

8%

Co

Jan

5c

100

8'A

8%

34c

3 l'Ac

37c

3,679
51,400

31c

4c

4c

1,000

4c

___6
.____♦

:_ioo

Nickel

19%

13% Mar

common-

8% Apr
22-

30'A

4,000
7,000

6'Ac

8c

Mar

1.20

;

Feb

33c

•

1.65 May

Jan

36

Apr;
Apr'

13

Jan
Jan

International Petroleum
International Uranium
Jacknife Gold

40c

.

6'Ac Apr
7'Ac Apr
28c•

:

_____

*

i

"l

Waite Mining

Jacola Mines
\

Joliet

a

•.

•

1.

52c

Jan

Gold

_

.

2c

2'Ac

42c

3,335

5'Ac Feb
19c

2c^May
2%c Mar

Z

,

,

Jan

3%c

11'Ac May ir

1,000

2c
2%c

36c

r

^

2'Ac

Mar

Apr

3'Ac Apr

■

Quebec Mines
Mines 1

Kenville

-T,

_1

—

500

11'Ac 11'Ac

_1

________

J M Consolidated-.
K

8Va

_1

39c

_•

13'Ac

li

___

V

13c 13'Ac

7c

6,'Ac

15%

15%

4'Ac

75c

1.32

1.40

14%

54c

Jan

:13c

^

Jan

23c

12c Mar
5%c Mar

2,815

5'Ac

61c

3,500

16%

4'Ac

Mar

34c

27,610
6,000

7c

.

Feb

10%c Jan

6,600

4,000

9c

37c

15c

Jan

46c

Mar

Kerr-Addison

-i

___—

Jan:

•

Feb

Kirkland

Golden Gate

-_i

"23,000

16% Apr

;:

~

39c=,

.—1

10

—

Dominion Electrohome

Ai.

Foundry & Steel__
Dominion Magnesium —

Tar

St Goal

&

5,800

25c

:

Feb

class

3,045

15%

Apr

18'A

Jan

19

2,640

15%

Jan

19%

Apr

25

25'A

470

24'A

Feb

26

Jan

25 ;

.

3

3

50

24%

25'A

767

10%

10

10%

1,035

—

42y4

42%

410

15%

15 '/a

15%

24%

24%

20

20%

250

11%

12

480

11

12

471

11'A May

24%■

-

•

2% Apr
24% May

.

10

3 Va

Apr

27 »A

Jan

14'A

Jan

46

Jan

325

42'A May
15'A Apr

17%

Jan

409

2iya

24%

•

B——25

20%

22

Feb

Dominion

Woollens

__

*

Donalda Mines

o.

Feb

l9%

Apr

11'A

..<11 %•

Mar

/

Y

12

Jan

13'A

Jan

1

46c

46c

48c

28,900

46c

Feb

•

19c

17c

19c

15,900

17c

Apr
May

65%c

Ltd

25 c

Feb

Duvay Gold Mines—

1

' 9c

84,000

9c

Mar

17c

Jan

East

1

<

9'Ac

Feb

12c

Mar

Dulama

Gold Mines

Amphi

East

.

Crest

East

________

Leduc

Oil

Eddy Paper class A

lQc

7'Ac

7'Ac

8'Ac

6,500

24c

22c

25c

9,600

2.45

2.35

2.50

11,000

1

2.50

2.35

2.77

29,374 j

6'A

6'A

•

_1

Gold

__

i___20

_i.__—

^^___

15%

Corp

30c

Federal. Gfain common
Federal Kirkland

Jan

38c

Jan

2.05 Mar

.

May

v6y8

Apr

15% May
32c

7%

Jan

17.
,

Jan

41c

>

Jan

64c

151,020

50y4c Mar

77c

Jan

7,500

6'Ac May

12c

Jan

28,656

3.85

4.00

32'A

T

3,870

14%
33

137A

.•->

27c

60c

May

3.80 Mar

:

Jan

4.50

Jan

815

137/8 Mar

16

Jan

250

32

37

Jan

Apr

6'A

6%

6'A

250

5'A Mar

1

4'Ac

4'Ac

5c

12,100

4'Ac May

70c

70c

70c

1,000

Federated Petroleum

3.45* Feb

..

Mar

*

1

2.70 Aor

6'Ac

■

14%

.*

10%c

27c 40'Ac

4.00

___1

150

Apr
Apr

.

2.35

•

.200

9,200

7c
22c

'56c
■

1

_

,

-

6'Ac

60'Ac

*

...

35c

35c

1

Falconbridge Nickel
Famous
Players _—
Fanny Farmer Candy Shops—^

.

15%

33c

,

'>

:i

El Sol Gold—

Lake

_i

-i

___:

Kirkland Townsite

70c

Apr

7'A

Jan

7c

Jan

90c

Feb

class

;

Cos

Frobisher

preferred

Exploration

12,400

1.55

23

2,140

20%

Feb

26

"

3'Ac Feb

5%c May

:

Labatt

(John)

Ltd

20

Labrador Mining & Exploration
Laguerre Gold

7,i

3.65

._i

•rw—''

Lake

-1

1.17

Mines

Fortune

Gold

Lake

.

25

25

25

Mar

28

Feb

97

97

97'

25

97

May

98'A

Jan

2.36

2.40

10,800

*

"

preferred

2.38

2.05

115

102 y4 102'A

__

100

70

102 »A

Apr

Jan

109 V2

110

10

15

__

100

16'A Mar

15

55

14

100

100

10

99'A

110

—

*>

common-

Preferred:

163A

16%

__

100

5'A% preferred
General Steel Wares

GJant Yellowknife Gold Mines

2%

Feb

2.90

Jan

__

17%

Globe

Oil

Lake

Jones

Goldcrest

class

Gold

Eagle

Class
London

Goldora

Mines

6.15
9'Ac

Jan

6.40 Apr

3,500

8c

Jan

11c

2'Ac

2'Ac

500

2V4c

Jan

58c

58c

60c

12,300

55c;

Apr

36c

35c
15'Ac

* 36c

15'Ac
—

13c
4c

6.00

.

.

5,260

4.75

,

9,525

35c

Apr

3,500

15c

Mar

14c

2,500

10c

4c

500

4c

17c

•

Ltd

.

Gordon

Lynx

Mills

MacDonald

Class

A

preferred

Great

class

Great

West

,

Saddlery

Gypsum

Lime

&

For footnotes

see

page




Jan

15% Mar

18% Mar

100

10

62c

19% Mar
10% May

Mar
r

•

86c

Apr

Jan

8c

8'Ac

3,000

73c

73c

78C

5,400

1.08

Jan

28

28

28%

495

27% Mar

31%

Jan

28'A

.28%

185

27'A

23

Jan

10%

10%

10%

9

V

...

;

1.08 May

7c

1,500
10,500

12c 14'Ac

*

14c

2.37

2.35

2.45

I

31c

31c

32c

9c

10c

12,500

22c

22c

12c

1,000

1

1.00

1.00

1.05

9,'A

9'A

9>A

Jan
Mar

Jan

2.58

Feb

Gold

Class B
Madsen

Apr

74c

Jan

13 %c Jan
34c

Gold

Lake

Mines

2,500

5'Ac Mar
1.80 May
5c
Mar

7,500

5,500
20

5c

Jan

2c

May

95

10'A

10'A

10%

200

20

20

20

50

*

13%

12^^

1,740

38

13Va
38y2

435

16

16'A

1,115

12
4'A
40c

12%
4y2
40c

16'A

9 'A

__

__

__i

—

;

«•

15'A

•

10c

15'A

,

12c
15%

Apr

Jan

_

1

.

2.91

1

6%

6%

125

6% Mar

2.90"

3.05

10,800

2.40 Jan

17c

950

1.20
10

17c

Jan
Jan

7%

Jan

3.10

V

Apr

30c

May

1

2.53

3'Ac

2'Ac

3'Ac

8%

8

8%

156

12c

12c

12c

2,000

'

4'Ac

4'Ac

20'A

19'A

20'A

26%

26%

2.02

12,250
40,200

1

Milling

2.43

•

& Eastern

Leaf

2.53

*

Fields

Gold

Jan

Jan

2.69

3%c

2 %c Mar
8

Mar

Apr
Jan

11%

Apr
3'Ac Mar

74 %c

—

Jan

15c

Martin-McNeely
Massey-^Harris common
Preferred

_;

1

j——*
______20

——

•

2,000
2,180

*;

Apr

6c

Feb

22%

9'Ac Jan

Jan

3'Ac Mar

!18

.

26'A

385

Feb
Apr

27'/a Feb

— •

Jan
8'/a

—_*

class A

8%

60

8

100

7%

7%

13%

137/a

14c

14C

500

61

62

1,070

42c

45c

-1,800

8c

9%c

32,000

11'Ac 12 %c

2,020

Feb

9

7% Mar

\

7%

Mar

5'Ac Feb

5,080

2'Ac
98

Jan

17c

♦

—

——

Red

Mines

class A—

Export

9

Feb

15c

Jan

93c

Feb

16c

18'Ac Apr

275

Jan

45c
—

May

9c

*

11%
i
«

Mar

28c

4,575

*

2.10

•

:

.

Feb

10'Ac Jan

...

1,850
1,400

;

12

10% May
10c May

51,450

14 c

13c

Mar

1.20

Jan

70c

..

25

10c 14 %c

1

—

MacLeoc-Cockshutt

MacMlllan

Apr

3,310

5'Ac

_1

44

12c

4'Ac Jan

May

8'Ac

McDougall-Segur

7c

2c

•

Ltd—

Jan

5%c Mar

100

—___—1

Jan

1.90

98

_•

Alabastine_;

Jan

5%c

2'Ac Apr
14% Jan

..

5,900

1

16c

6'Ac

"5c

•

Greening Wire
Gulf Lead Mihes__
;
GwiUim Lake Gold-Mines

t

Apr

19

4c

360

...

6.35

13,200

Macfie Red Lake

Mar

Red

9c

Jan

McKenzie

3*15

Jan

McLcilan

Feb

McMarmac

9'Ac Feb
4c

103

:

Apr

20

10%

J 61%

—5

Lake

1

Gold

Red

13%

•

common

Porcupine

12%c

1,
Lake

9'Ac

—1

———*

McWatters Gold

8'Ac

"•

Mid-Continent Oil

8'Ac

——

*

6%

6%

1,255

*

5'Ac

5c

5 'Ac

1.05

1.05

1.15

9,000
2,050

Feb

50%

Jan

17 %c

62

6c

Mar

12c

7%

6% Mar
5c
1.05

Apr

21'Ac Jan

8'Ac Mar
;

Apr
Apr

12c

Feb

10c

Feb

50c

32'Ac Jan

.

Apr

15% Jan

Feb

13c

500

;
——

Mercury Mills-

12%

2,260

*

Feb
Jan

Jan

Jan

7%c Mar

Mar

1.55

Apr

Jan

Jan

May
12% May

22

Feb

Mining

16

Jan

Model

38

Feb

40

Mar

16

Feb

18

Jan

830

9'A Mar

13

3% Mar

Jan

10 %

1,085

10

35c

1,000

20c

48c

Jan

12

12

100

11% Mar

14

Jan

7

7

40

6 % Mar

7

Mar

Apr

100

12

Feb

10

•35c

12
7

700

38c

7,500

10c

Apr

14 3A

Feb

985

Apr

4'A May
65c

Jan

17'Ac Mar
17

Jan

Carp
Oils

Monarch

Mortgage

&

Corp

Mylamaque

Mines

'

^

Inv

38c

Mar

Mar

49c

42c

49c

4,900

•

21%

21%

22

585

19% Jan

•

68

67%

69

440

65

9c

9c

7'AC

7'Ac

1
:

—

common

Mosher Long Lac—

1

*

Porcupine

Montreal Locomotive
Moore

10'A

*
1—1

:

—

Monarch Knitting common
Moneta

.

72c

Feb

2.45 Jan

1.12

A—

Mines

Jan

6c

—-—*

West Coal

19
10%

68c;

48c
,y.

1.08

Mines

Macassa

69c

—

1

Yellowknife

McColl-Frontenac

1.80

__

—

!

15%

—1

Feb

6'Ac

*

1

common.^

15'/a

Jan

1.80

*

Paper

3'Ac

Feb

Apr

1.10

Goldfields

56c

6yac

__1

Mackay class A____

9%C

1,600
.1,200
5,500

Jan

12c
15

I_Il

class A———

Milton Brick

Class B
1 Great Lakes

4'Ac

"

28%

19'Ac

6ysc

-

—__

__^

Goodfish Mining
Goodyear Tire common________

4c

19

Gold

Maple

9'Ac

•

——

16% Mar

m

Hosiery

Manitoba

6.00

1

—

Porcupine

75

15'/a

;—

Louvicourt

Lunward

Jan

2'Ac

1

Manitou

Goldhawk

18%

64c

May

Mar

9'Ac

1

Golden Arrow

5.80 Mar

18%

5'Ac May

Jan

2.10 Mar

894

37c

Jan

l

Mines

B

Mclntyre
Golden

34c

1,630

6.10

«

Groceterias

Jan

15'A
102

1

Mines

4,100

2.35

6.05

A_____

Littlef Long Lac

110'A

Apr

1

Gold

44c

2.15

>

Jan

_„__________—

Lexindln Gold

Feb
Mar

*

Gold

10%

10'A

Gold

Malartic

1

Mines

2,045

B

McCabe Grain

God's

Goldale

14%

3c

3

Leduc-West Oil

106'A Mar

1

i

,

14

3%c Feb

,

Feb'

1.45

Jan

"I"Zi

Secord

Apr

1

—

6c

4'/aC

Jan

5c

Feb

___1

Gillies Lake

4,500

40c.

—

Marcqs Gold

Glenora Gold

16,500
6,150

**

Jan

6.50

'

1.05 Feb

41c

__

Larder '"U" Mines

Loblaw

13,400

9'Ac

—1
____.

Cadillac

Leitch

■

*

Jan
Jan
Jan

23'A

Apr

2.25

Mining

Luz Mines—

fie

3.25

9'Ac

Lake Wasa

Lamaque Gold
Lang & Sons

Class

5'Ac

i

19% Mar

14'A

Mines—

Lav/son

1.20

17c

3%c Janv

1,500

.

6.10

Lake Shore

Laura

1.11

25

15,160

-

.

1.67

Mar

9c

Rowan

La pa

4'AC

12c

_

64c

Feb

37c

Lingman

Lake

Lh'

'Z'; -,Z

20

3.85

3%C

4'Ac

Dufault

Magnet Consol —

^

3.45
.

*

May

i.28

15,400
1,500

v

13c 13'Ac

—

37c

2,700

..

Jan

25

-

_•

Gatineau Power common
5%

1.80

22'A

25

100

A

B

Fraser

1.75
22%

■=■

•

Motor

Class

1.75

_•

Mfg

Frtrd

1.38

-i

—

Macho River

Fleet

•'1

;

JLapaska Mines

6,000

1

Elder Mines

Eureka

97Ac

*

East,Malartic Mlne^__
East 'Sullivan Mines.—Eastern Steel

Eltlona

9c 107Ac

•

Oil

Kirkland

Apr

May

m

*

common

Kirkland-Hudson

Lake
•

Chemical pfd__—23'/a

Dominion Textile

Jan

32c

18%

—

1
__

Jan

15% t 15%

>

Dominion Stores——
Dominion

26c

'65c

May

18%

*

Dominion-Scottish Inv^pfd ——-i—-50
Steel

25c

23c

73,600

24y2

Dominion

Dominion

34c

15%

*

——

23c

25c

>

—2

Ltd

Dominion Bank

25c

.—1

—.

Dcme Mines

.

Feb

Apr

_

Dickenson Red LakeDiscovery Yellowknife
Distillers Seagrams

,

Jan
Jan

25'A

<■

common

Preferred

Kelore

Delnite .Mines

.

Jan

'

18%

;___i

International Metals class A_^

Jack

.1

Davies Petroleum
Davis

.

Apr

57

Apr

.

Jan

14c

37,500

13%

29'A

*

_—

—

International
Crestaurum Mines

.

41

3'Ac

Jan

152 'A

13c

3'Ac

,114'A U4'A

loo

123

1.09 May

Feb-

59c

j

Jan

6c.

'

8,600

3,150
4,000

1

common

Bank
Oil

148'/a Mar

12c

12c

34c

43 -43%

Imperial Tobacco of Canada ordinary-5
4% preferred
25

18'/a May

____

31c

Imperial

15'/a May

Jan

9c

v

9.65M*y<

4UWO

6c

.

43%

Feb

85

25

6c

31 %c

Jan

Indian Lake

1,150

8'Ac- Apt

:

•

•

W*

at

58e,

4,641:
Vac

12c

Jan

4,100

Jm
.

20c 23

17%c
8ya

1.13

Feb

•

6'/a Mar

18'A
15'/a

Apr

•

ipf

500

*

—

Jan

1.09

Jan

83cJan

65,000') ;
, 6.cv'j;an
'
500-;/" 16% 'Apr-';..-

^

1

Hugh

65c

^my2
15'A

21e

i-,5oo,

■

"

Huron & Erie

Jan

1.09

59c

23 'Ac

Hudson Bay Mining. & Smelting:

10'A

15%

8'Ac

9.65

9.65

-1

•m——f

Howey Gold

64c

Apr
Apr

3 %c Feb
6c "Jan"

I

g0

11-

16'/a
5

,r-1

Hose© Gold Mipes-

Feb
Jan

Mar

:

1,000

-t

'8c* 10'A©

9%c

Holiinger Consol
Homer Yellowknife

130

7.

150 151 »A

common.

Imperial Mills_

Cournor Mining

97'/a

67A

Con west,

Exploration
Corrugated Paper B.ox.

95'A

1

^10c

>1007 Jan

6%c:Mayr^s-'.

2.5Q0-aV ;:50c;rMar-';?'v"

:

.

23c

59e>
_

Imperial

.

12

y%-Marrrj'-'
May- .< ■

6'Ac., ^ ^1,500,
'
7© ;
; 2,500-

8'Ac

HighlandrBeU
Highwood Sarcee
Hinde J? Dauch —.

Apr

Apr

*

51o

.

•

42c

-

";

11

1.10

Feb

■8>;
46c

50c

22c

common

38c

Apr

8c

Consolidated Lebel Oro

1—

Jan

24'Ac Jan

Mar' J

•«.,2.4006c

6%c*_ „„::5>ooo;A

7(5

7c

—l; '

—.

H&ndersUot Paper

•1.24-Jan

May

46c

_

3c

10% May

Apr

7c

-

Feb

38,025

..

9%

Consolidated DUquesne

30c

84©-- Apr

48c

—

Apr
May

14%-Jan

•

'

Jan

4%c Apr

2

.

13

May
.

80;

7c

•

6c

1

Hedley Mascot

'

17c'

1

;

2.73

12% -Feb

.

3,000-

73c

1.0a;
;

.13 --

700

&c

73c

,

425

25c

mi.
.

__

Conlaurum

13
13

..

! '
"

Jan

36c

.5,750-.- —3,00-Jan

—

A 15c

2,600*

,

10%-

'6c
6'Ac

6%c.

—L

Heath Gold-

1.75 Ja n
5%c Jan

--24©* Apr'

—0,500

High

l'Ac Apr
V8Ms Mar

450

-

18©

10 »A

•

-_1T

Hasaga. Gold

48%C; Jan

13 Jan

.—2,000— —30

2.64.

1,500.

"'

10%

16c

Heva. Gold Mines—

Goehenewr WiUans
Cochrane, Donla®, class A
Cocfcshutt Plow
Coin Lake

Low

2c

-

10

•

16c

—1

—

Headway Hed Lake

30c

"3.57''

;2c

"10'A

Range Since January 1

High

2.85 Feb

Jan

2.43

-

-

160

.3%C

Shares

Jan

8-

2c

-

.

"•

Goid Mines

Apr

—.3,200- —llo-Mac

1.60

3.%c

Hard Rock

1

T

22c

4'

16e.

1.60-

—,

—f-

15c;

Gold,

9%

...10,500-

2.55 '. 2.65

-

Hamilton Bridge

Feb

i

11 25 '

—1630 -

5'Ac

.

Chromium

ft W -4—

1.45 Jan'

14Vac

100

9

48c.

J?-,;

Halliwell

for Week

Low

Par

1.65 Jan

Feb

90c

.74c: May.

Range
of Prices

,

Sale Price

High

Low

Sales

Week's

,

Last

.

Range Since January 1

High

93c

74 Vic.

;

—

Friday
STOCKS—

Shares

9%

.

Gold; Mines-

Patricia

Low

*

Central Leduc Oil

6

for Week

Range

Sale Price

ENDED MAY

Sales

Week's

East

STOCKS—

FOR WEEK

„1

;

1

1

*

2,500
-

1,000

•

"I

60c

Jan

23%

Jan

Feb

'73%

Jan

Mar

12c

Jan

7'Ac May

12c

Jan

8c

.

-.f

Volume 169

THE-COMMERCIAL'& J FINANCIAL CHRONICLE

Number 4801

CANADIAN
Friday

WEEK ENDED MAY 8

Low

National Breweries

common

36'A

III— 25

Preferred

National

Drug preferred
National Grocers preferred
National

■>

Hosiery

class

Class.B,
National Petroleum

«'

5

—

,,

16%

A

—

200..
50

i

17

35c

11%

Feb

Apr

28 %

Jan

May

15% Jan

4,000

17
17

47c

May

Slater

South

Steel

National

Negus Mines

Car..

20

2.37

Neilson

(Wm)
Alger

New

20%

2.35

-

preferred

20%

190

2:49

9,900

.

103% 103%

«.

9%c

?%C

——_

20

15

10c

Feb

23%

Jan

2.13 Feb

2.63

Bidlamaque

New .Calumet .Mines

New

7c

r

6c %8%c

..

common

1.42

—

.

1.41

1.49

24c

-

25c

58c

59c

Goldvue. Mines—.

New Jason

tL—i—

59c

.

New. Marlon Gold,

7%c

———J.

•

New. NOrzone.
NeW.PacftltA

May

5c

9%c 10%c

8c

-

8c.

8c

Jan:

Standard

Mihes

Nib

~"I~~ZI—1

YelloWknife

4'AC

Mines

Nicholson

Noranda

17c

,4-

Stedman

,

23c
r-

75c

54%

;

53%

80q

54.%"

12o

14c

1

«

•

Malartlc

-1—1

__

*4c

Mar

51c

NOrmetal Mining

Norpick

-

Gold

Norseman

2.50

Mines

Mines

51

Mar

3,000

10c

l

2.46

2:55

.

26(620

:

6c

8%c
5c

34c

2.45 Mar

.

29,000

6%c

*

2,000

6%c

6c

28,000 /

6c

5c

;

Inca Gold

—

Northland Mines,
North Star Oh common
—

7%

Gold Mines.—. IIIIIIIIIIIIi

XTBriett

7%

Jan

1.65

1.70

."•V '50.,

Sturgeon River Gold
Sudbury; Contact

Okalta

27%c27%c

Oils

O'Leaxy

2,45

Malartlc

Omnitrans

2.21

6% Mar

12 %c

12'Ac 12 %c

Exploration

4%c

"

27c

1,600
80,725

2.60

'

SylvanitC Gold Mines

lit

~

'

V

^

Jan-

Gold

Orenada

13 %c

Jan

40c

Feb

7%e Apr
9 % Mar

:

I

1.95

53c

Apr
Feb

1.11

Jan

Jan

2.60

Osulake

Apr

17c

4c

Mar

Hershey

•

58c

3,600

7c

65c

51c

Feb

6c

6c

6c

1,100

2.70

2.60

2.95

43

45%

1,275

•

1.25

1.22

1.25

•

16 %C

Tubes

"

——'

12c

Mar

I

1.57

Porcupine

Pan Western

Mines Ltd.—

Oil

Paramaque Mines

—l

—

;

21c
4c

3,500

4c

3%c

3,500

lc

1.40

May

3c

Feb

16'/a C

12 %c

Pen-Rey
Perron

Ltd

common

Gold

61

Mines

Gold

i

10

8c

9c

68c

]

61

9c

l

Piccadilly Porcupine

Works class

Toronto

Iron

Toronto

Mortgage

68c

8%c

Pioneer Gold

Mines

Jan

Jan

Finance

Traders
Glass

;, •

B

Powell

class

Transcontinental

12c

69c

1,900

66c

89c

136,600

7c

2.10

3,980
300

l

4%c

5c

1,700

37c

37c

1,000

37

38

905

Powell Rouyn Gold common

1

Voting trust certificates

l

Power

—

Corp

»

Premier Trust

Apr

15 %c Mar

Apr

2.00

15%

A

Feb

3.00 Mar
4c

35c

Feb

1,665

70c

500

67c

14%

15

240

44c

21
145

11

Jan
Jan

Jan

1.02

,

Purity Flour Mills common

40

Quebec Labrador

1

51c

•

13%
92c

Regcourt

1

Gold

RoChe

Jan

16%

Rochette

Gold

1

17% c

45

12%

,

50

7

155

45

38c

12.500

64c

5,100

51c

55c

2,i>^5

13%

13%

2,015
11,700

83c

92c

Feb.;
May

.

.

Union

67c

Royal Bank
Royalite Oil

1_.

•

<.

.

Apr

17

70c

Apr

92c

1.04

May
Mar

7.00

4'Ac Mar

3,000

8C
8c
18 %c

2,000

7'Ac May

38c

8,000

36c

Apr

50c

25%

26

365

24%

Feb

26

6.65

7.10

42,822

5.85

Feb

common

St Lawrence Corp
2nd

St

2nd

:

1st preferred
1st pfd

preferred

5%c

6c

14,000

16%

315

99

I

——

'

—-~+

United

Antonio Gold

Sarnia

1

Mines

l

;

3.90
15 %c

Class

B

United Fuel class A

—

*

—_—

Vicour

Westeel
Western

Grocers

Class

4

Wiltsey-Coghlan

Feb

I

Yellorex

Bear

For footnotes

13c

May

270

2.07

52

Feb

Jan

17

-

Jan
Jan

May

18

Apr

2,350-. v:: 1.91 Apr

2,94

Jan

100

eyaMar

7%

Jan

4,400

1.48 Mar

1.82

Jan

5.65

450

5.15 Mar

6.40

Jan

7c

1,500

*

-

6c

Apr

9%c Mar

8.75 Jan

9.25

9.55

11,248

26%

5,195

9c

9'Ac 4;;

4,ooo

38

38

515

35'/a

Feb

25

25

135

22

Apr v

25
;.r

9c

Apr
■May

15'A

Feb

28%

Jan

13'Ac

Jan

38% Mar

^

25

May

70

30% Mar

32 VB

225

30

May

35

Feb

24

25

220

21

Mar

25

Apr

]

95%

95%

30

i

lie 11'Ac

25,500

"

lie

6c

6'Ac
34'/a

115

"2.40

41c

32c

47c

79c

73c 84'Ac

Jan

370

Jan

115

Jan

31V4

Apr

Mar

**'6'Ac

Jan

May

4c

iiy2c

Feb

27

10

115

2.34

100%

Jan

6c

1,500

115

s

Apr

8c

3,041.

5c

4'Ac.

Feb

95%

8,000

31

34
„

2.40

118

Mar

Feb

2.10

Jan

2.52

302,200

18c

Jan

47c

24,304

63c

Jan

-

2,250

...

f

May
84% May

!

Exchangfr-Cnrb Section
Range

Last

STOCKS—

Mar

7.10 May

v

24c

Apr

*

Range Since January 1
Low

High
185

23
■■■"

26

Apr

114

Jan

(28/e Apr

4

Jan

85

'85

88

3

2%

3

1,850

100

'87

85

87

85

84

—-~

—

Apr

20%

20

20%

995

19

Feb

*

Sugar..—1—

3.90

4.05

4,859

•

40

20

20

20

75

1.40

1.50

400

81

77%

81

235

3%

3,260

High

May

23

•

—1

Co common

Preferred

Shares

23

23

Asbestos Corp

Brown

for Week

of Prices

7 Low

Per

Apr

Sales

Week's

Friday

Apr

85

13 %c

16c

3.80
7c

109,400

6

Jan
Mar

Apr

4.50

Feb

16c

Apr
6% Apr

37c

May

49c

23

Mar

25

Apr

46'A

Apr

48

19% Mar

103

22%
22

Jan

Feb

Jan

Feb

20c

Western

Jan

Consolidated Paper
Dalhousie Oil

12%

12%

120

11% Mar

1.17

1.27

1,600

1.60

1.48

1.65

212,076

Jan

12% May

1.17 May

1.60

Steel

16%

18%

Apr
Apr

33c

45c

Jan

36c

39c

2,100

10'/4

10%

419

24

24

175

20

36

2.59

Jan

'

•

36%

315

31%

Apr

5% Feb
Mar
Jan

10% May
24

Apr

37%

Apr

39

39

25

May

39

Apr

16%

17%

100

16% May

20

Jan

2.80

2.65

2.80

2,900

2.50 Mar

26

26

25

50

49%

51

980

*
--4

*

Paper

Apr

Foothills

Oil

17%

605

15% Mar

17% May

Hayes

17

160

15% Feb

17

International

1

8.00

8.00

8.25

992

44c

44c

51c

16,200

—

Jan

7.10

Feb

38'Ac Mar

8.25
65c

——

Steel
Paper

common

■

'

36

Ltd

•

Apr

14

15

225

11%

Apr

38c

40c

12,100

32'Ac

Feb

8%

275

8'A

Apr

9'A

Jan

Pend

6 %

347

5%

Apr

7%

Feb

Southmount Investment

91

Apr

May

48'Ac Mar

95

<1

1.50

1.50

1.50

17%

'

16 V2

21%

21%

21%

4c

4e

300

17%

4.00

Minnesota & Ontario Paper

15

15

—

~0
__

.

26

Apr
48% Feb
i:50 May

Apr

38c

10

53

Feb

4

Dominion Glass common

17

91

Feb

15%

36%

16%

91

Apr

50

*

;

17%

6

4

140

1,525

_

—

common

Preferred

16 Va

8%

3% Mar

53

16%

Jan

1.45

-

Jan

Mar

52

3'/4

39c

Jan

2
84

16 y*

31/4

*
*

Feb

53

•

Lumber

Canadian Westinghouse

1.40 May

64

Jail

14c

1
•

Feb

Niagara Wire Weaving
Oil

———

Selections
Oreille

Yukon

Consol

:

__a
*

.,

—

*

1

45c

1,400
„

;

:

.

25
500

16%
21
4c

4.00

4.15

2,365

45c

45c

20

40c

50c

50c

2,000

50c

3.65

Jan

31%

Jan

58

Jan

1.50 May

Apr

22%

Jan

23

Apr
Apr

|-

Apr

Canadian Funds

Jan

5




18

49 'A

-

24 %

30

Toronto Slock

Jan

_1

page 44.

205

<

31

May

1

see

49%

——1

Mines

Canada and Dominion

1.20

.91

19% Mar

20

1

Jan

12%

_100

Jan

330

20

1

•30%

27%. Feb

30

01

Jan

l

Dairies pfd

14C

-

Jan

Langley's

West

Mar

90

28

'

7C

'

Mines

Donnacona

Silverwood

Apr

9c

3,175

28

1.99

—

0m .m

tv.w.,

Wright-Hargreaves

10c

*

*

10%

1,123

31

100

Wood- Alexander & James pfd—_

18%

50c

*

Jan

Jan

Apr

55

I

Jan

8%

10%

25%

«,

Common

—.—

43

2,000

Dairies class A

Jan

7%

217

17'A

6c

Electric

215

15c

Class B

80c

Feb

4,200

/

26%

Wingait Gold
Winnipeg

Winora Gold

41

46%

Silverwood

.Apr

6

'

6%

49%

__

1

————

Jan

15c

common

40c

45C

'

—

86

46%

Ltd

Apr

•

—

75% May
39% Mar

15c

Silver Miller Mines

90c

4

A

55

46%

Silknit

Feb

5.45

20

Preferred

75%

1

—

55c

25

75%

50

(Quebec)

Apr

15,000

,

Disher

Mines

Mar

78c

6%.

common

Canadian Marconi

1,014

Silanco Mining

20

Jan

18

.

9c

Canadian Industries common

24%

Sigma

May

38

Jan

24

•

40c

May

20

1.60

—

Jan

24%

common

Feb

29c

91

'6%

Products

14

•

Breweries

Jan
Mar

Apr

5.45

*

(G & W)——1

(Hiram)

22

35

Voting trust certificates

I

10c

9.55

Walker

5%c May
16% Apr

10,700

Sick's

12.
103

Jan

1.52

J.

I—It

Mines

May

38c

Sherritt Gordon

/.

17%

1.52

*

May

6%

Sheep Creek Gold

....

Jan

7%c Mar

90

:

lie 11'Ac

2.00

III1

—

12

37c

Preferred

100%

10

.

'

_♦

:——

19

6%

Sbawkey (1945) Mines
Shea's Winnipeg Brew class A

.10% May

-

•

50

—

—

Hill—————A A..*

Upper Canada Mines.

15

38c

com

-

18%

10'A

49%

25

100

l

Power

280

18%

45C

20

■

1-50

preferred.

19

*

&

5

-6'/8

28

12

Bridge

Water

25

..

11

75c

10%

nil

——

19

Senator Rouyn Ltd—

Bhawinigan

-

Jan

1.30 May
Jail

r

90%

'

--

Corp class A—

Canadian
San

Sanriorm

Jan

9'A Apr

46,900

45c

—

41

75%

40c

<*■ i

12

19

l

__

9c

119,100

16%

1

Paper

24c

•

49

preferred

Lawrence

21c

1

—

Russell Industries

24c

Feb
_

690

Jan

5c

25%

1

87c

2,000

'

—

British Columbia Pulp & Paper com

Roybar Chibougamau
Rupununi Mines

•>;.v;22; •'

Mar

Jan

13 ya

9c

*

_*

50c

Jan

62c

5,000

36c

Feb

Jan

245,300

10

Co

9c

18

Sale Price
Oils

Roxana

May.

90%

—

Gas

Yellowknife

Apr

5c

38c

9%
53%

.

Apr
Jan

May

5'Ac

•

Jan

63c

4%c

9c

Jan

fc'lsx;

45c

,

13 %c 18'Ac

7%c

v

8%c

May 7

30c

■

"1.73 Apr

5'Ac Mar

1,000

30 %c

7%c

„.

; 8c

18%

Jan

16%

Jan

5c

5c

73c

Long Lac..

7

45

1.36

2,765

63c

1

Quesabe Mines Ltd

Reno

38c

•

1.60

8'Ac

7
~

1

;

1.52

8'AC

10

Preferred

Quebec Manitou
Queenston Gold
Quemont Mining

1.54

Ii

v;

29c

Jan

90c

May

wet
1

-

3.30 Apr

•'•.22c

18%

Weston (George) common^—

13 % Mar

55

11%

Jan

42%

13% Mar

55

1

18%/-Apr
«

-

51,'400
495

9%

102

:

I'1-.

73c
67c

11%

Preston East Dome

3,070

1.30

-

2.34'Jan
Jan
8c

36'A Apr

70c

1

Purdy Mica Mines

%

3.65

Mar

67c

—100

Metals

Pressed

70c

V

8%c Jan ""

'65

Jan

-:-28%

..

2v54 Jan

7,670

10%

lioo

Jan

7c 11'Ac

3.30

38

7 1^72. Apr-

m

■.

26% Mar

Jan

2.00

•

ll%b Feb
.1^0 Jan

71.27, "Jan77
r

45,300-

10%

———

m

Keno

Feb

3.20

1

-

40c

A

Resources

Steel

8c

2.02

——

Mar

20c

6c.Mar

148 Feb

l05

102

9c

*

—

United

15,500

3.30

River

■'

i

1

„——

United

3% May

Apr

1

—-

1.70Jari

16c -Mar

7,860

20

66c

9%;

102

—1

Preferred

Jan

8c

61

l

1 /

1.14

—

-50

Petroleums

Tower

24'Ac Apr

Jan

Apr

;i

Porcupine Peninsular
Porcupine Reef Gold

Apr
Feb

-

Apr

60 Vz

.X.—

;;

—

V

22c

19

59c»

1.27

A

———————

Wekusko Consol

Pickle Crow Gold

A
—

•

Ventures Ltd
Penman's

86

-1.35 Apr-

500

3.20

59c

—i

—

Twin City common

45% May

1.00 Jan

4c

___^___1

Partanen Malartlc

85

Mar'

3,000 —

28

.T6b-

l«c.

—l-';'

Transvision-Television

3.05

Jan

4i482
35,000

Feb

15

Mar

81

5,775

-

1.71,

3.10

3,20
«

—

Feb

..9c ..Jan

/

Apr:

36%

,

28

Class B preferred
Pamour

Apr

Apr

78

-

:

1.66

1.66

*

Toronto Elevators

Jan

18c

2.02 Feb

60,290

5

80c

Jan

13% Feb

460
4,080

6%c

1.55

■

!

10 % Mar

4% Mar
60c

7 «0

,

•

17c

8c

1

—

Union Mining
'

'

Jan

1.05 Jan

.

■

—1

—

6% Mar

Mar

44%

■

.—.1

7

250

'

7 '.

1.44

1

20c

Jan

12c

Mar

joo

,.

83

,

137

_——

"9c

8%c Jan

9c

8,300
4,500

Feb

83

1

Jan

5

1,500

7

81% Mar

I 30,500

83

1.55

L——

Gold

Toburn

6%c Jan

12c

(Eastern)

Pacific Petroleum

Page

60c

i

Jan'

54c

Apr

6 % Mar

35
630

15

82^8

—1

'

Mines—

.

9'Ac

7'Ac

i

t

Pacific

9c

l

Lake Mines

43c

310

Apr

12c

685

Jan

].42 Jan

1,05 Apr

Jan

12c

500

5%

23c

,

80c

14%

1.37

'

l

Red Lake

Orlac

Osisko

5

«■:_

...

Mar

9,105

82

82%

1
Tech-HugheS GohT Mines——
Thompson-Luttdmark Gold Mines—'*
Tip Top Tailors
1

;

Orange Crush

Mar

13c

53C

-6%

17c

Sullivan:Cops Mines —

3.75 Jan

.-

15

82%

-1

Tamblyn Ltd common

2,000

5c

Feb

17

4,300

5,200

-

■67c

7^c-

——

Towagmac Exploration

Ogama-Rockland

26

150

,

'9% " 9%
A%.74%

9%

Steep Rock Iron Mines——v—-—I

Jan

20c

1.58 Mar

6,520

Jan

41c

Feb

May
29% May
19% May

1.15

.6%. '

,25

'Jain

.■

May
May

24%c Apr
3%c Feb

15,000

7%

1.67

■'

19% .

,46c

81%

82.

————

Torbrit Silver Mines
North

Jan

44c

125

29 ya
-

1708

1.10

—•

—

—

-8c

-

'?

28c

.i-———_

27

l4y2C 15 %C

-•

_——

Bros

1.03 Apr
58% Jan

Mar

5c

...

—

.

Jan

v.

Feb.

2,710 *

10%c 10%c

58,600

—J

"26c

Mar

*"

Norbenite

41o

41

Gbld

.Preferred

Jan

11c

9Mtc Mar

3,500
33,850

4%c

75c

Mines

34c

Steel Co of Canada commonu_j___—_•

Jap
-Jari

6o
18c

-7'Ac Mar

3,500

5c

17c

.

35 %C
•

99%

24c

6,495

——100

Paving common

Starratt; Olsen

4

New Thurbois...

96% May
20c
Anr

359

22c

—•
common

——

Standard Radio class A

75c

7c May
3%c-Apr
.4%c May-

1,500

97

.21c

19%

30
Jan
26% Jan

31c

51c

13,550
4,000
28,000
45,450

•

4c

4%c.

9%c

NewRouyn Merger

10c

»

4c;
5c

Oils

7c

v

"*

■

96%

21c

•

—

Standard Chemical

2.35 Jan
Mar
Feb

,

24C

i

•Newnorth Gold

96%

—*

Springer Sturgeon
Stadacona

Jan

9c

1.40 Mar

.

4

1,250
4,300

Apr
22% Mar

440

'•

High

26

615

23%

_*

Jan

15c

4%c Jan

15,100

,

26%

23

,

.

—20

„

——

Feb

104

Mar

9'/ac Mar

10,500

26

J

—

Preferred

New

Low

26

23

1

Co

Co

Brazeau

Range Since January 1

High

Apr

103

2,267

.WMWMW

(N)

Southam

Jan

Low

I—III100

—————

Gold

Bladen Malartlc

May

Jan

32c

Preferred

,

Siscoe

Shares

*

"
mmml

™

Class B

,

I Apr

15%

340

32c

32c

Mar

.27%

380

16%

.—'—250

10

245

16%

41

Jan

for Week

•

Simpson's Ltd class A

38% Feb

35% Mar

Sales

,

Range
of Prices

Par

High

.40

319

ii%'
28

16%

*

.

37

-

>

28

—

LOW

peek's

Last

Sale Price

Range Since January 1

41

.

41
ii

.20

Shares

High

36%.
.

„

.

Friday
STOCKS—

for Week

of Prices

«

Par
,

Sales

Week's
Range

Last
Sale Price

43'

MARKETS

LISTED

RANGE FOR

STOCKS—

(2027)

Jan
Jan

5c

Jan

6.70

Jan

Mar

45c

Apr

Apr

79c

Jan

THE

(2028)

44

COMMERCIAL

&

FINANCIAL .CHRONICLE

Monday, May 9, 1949

OVER-THE-COUNTER SECURITIES
Quotations

for

Friday, fylay

0

Companies
Aeronautical Securities

Affiliated Fund Tnc

4.71

lV*

Amerex Holding Corp_
-10
American Business Shares.—1

3.94

27

2

A

series

Holdings

Bond

Corp

3.89

Electrical Equipment shares_lc

3.52

General Industries shares
lc
Home Furnishings shares—lc
N on-Ferrous Metals
lc

3.14
3.33

2.87

3.34

4%

4.12

lc

3.64

Manhattan Bond Fund Inc__10c

6.94

Mass

Steel

shares

shares

Investors

Trust—

1

24.27

1

11.01

1

13.14

1

12.81

13.75

1

7.97

8.62

6.54

17.43
4.85

31.62

34.00

12.70

13.74

100.5 "

100.7'

J19%

121

%

Panama Canal 3s

,-1961

-

Dollar

Balanced

National

Investors

National

Security

Corp
Series—

Bond series __:

3, 270

1

Low Priced Bond

Int. Bate

Maturity-

Fund

25c

5.32
1.35

1.43

Certificates

of

•

100.1459

Indebtedness—Bid

1

5.84

6.38

lifts June 1,

1949—

6.12

6.69

lifts

1

3.97

4.34

1949
1949

1

2.77

Maturity—
tl'%s

.1638

Dec.

(cont)—
.0624

100.0504

15, 1949

'

1

4.36
5.25

,100.0288

.04lf

1.

1950

100.0407

.0554

lifts Mar. 1,-1950

100.0298

.0459

lifts Apr.

100.0606

.0873

%.

4.77

1

1950

lifts Feb.

Ask

*.

1,

3.03

3.48

Income

Stock

Series

Series

July 1,
lifts Oct. 1,

"

Howard—

Price

Ask

lifts Jan.

Stock Series

14.09

Bid

Certificates of indebt
.1%%

1

Preferred

5.78

12.89

Series

Treasury Notes— *
t April 1, 1950

Speculative Series

146

141

,r-y

U. S. Certificates of Indebtedness

Industrial Stock Series

100
1
1

100.0103

.0199

100.0006

T.0064

100.0281

;

.0361

1950

l,

5.74

'

„1

24.22

25.89

Selected

1

3.18

—1

Fund

15.83

16.93

Low Priced Com Stock Series 1

3.14

3.43

13.97

14.98

3.57*
22.76

New

1.88

England Fund
York

1

Federal Intermediate Credit Bank Debentures

24.61

1.71

Group Series

New

3.72

20c
5

Industrial Fund Inc.l

Equity Fund Inc—
Fidelity Fund Inc

10
1
Fundamental Investors Inc—.2
Fundamental Trust shares A..2
General Capital Corp,
1
General Investors Trust
1
Corp

First Mutual Trust Fund

5.81

4.91

8.40

9.21

5.41

5.93

6.24

6.84

1
1

/Bank stock
^Building supply

6.68
48.06

4.58

1
1

'

Aviation

14.10

12.87

44.70

Rate

1

Automobile

5.34

4.80

Inc—

Agriculture

24

22

Stocks

9.80

10.74

7.10

7.78

Chemical

1

9.50

10.41

Corporate bond series—

1

10.61

11.26

Diversified

Industry

Dated

Bid

Due

Ask

Rate

Dated

Ask

Bid

Due

9-

1-48

6-

1-49

bl.45

1.20% '»■';

1.50%

4-

1-49

11-

1-49

bl.50

1.35%

10-

1-48

7-

1-49

bl.50

1.25%

1.55%

3-

1-49

12-1-49

bl.50

1.35%

8-

1-49

bl.50

5-

2-49

12-

1.65%
1.65%

:

1.65%

11-

1.60%

12-

1-48

bl.50

1.30%

1.60%

1-

3-49

10-

3-49

bl.50

1.35%

2-

1-49

11-

1-49

bl.50

1.35%

1.55%

1-48

9-T-49

1.50%

1.30%

1.55%

'

4-

5-

2-49

1-49

bl.50

1-3-50

-

1-49

1.55%

-

bl.50

1.35%

1-50

bl.50

1.40%

2-

1.35%

3.95

1

3.60

Diversified Investment Fund-1

9.90

10.85

Diversified

Group Securities—

9.35

10.25

Agricultural shares

lc

6.18

6.71

shares

lc
lc-

5.38

5.84

5.28

5.73

lc

6.61

7.17

lc
Electrical Equipment shares lc
Food shares.:...
___;_lc

5.81

6.31

8.41

9.12

4.21

4.58

Metals

shares..lc

6.74

7.31

Oils

—lc
Industrial Machinery shares lc
Institutional bond shares—lc

7.17

7.78

Pacific Coast Invest Fund

6.27

6.80

8.97

9.42

Public Utility
Railroad

Investing Company

shares—lc

7.08

7.68

Railroad

shares

:-.lc
lc

5.32

5.78

6.98

7.57;

-lc

5.()1

6.44

7.44

8.07

Petroleum

shares

lc
lc

2.52

Putnam

Equipment shares

lc

3.43

3.73

Republic

lc
_—_lc
i.lc

3.94

4.29

Russell

Automobile

Aviation

shares

Building shares—
Chemical

shares—

Fully Administered

shares

General bond

Priced

Low

shares

Merchandising

Mining shares—;
shares

Petroleum

Bond

Railroad
RR

stock shares

Railroad
Steel

shares..

shares.—

Tobacco

Utility shares

Fund

Income Foundation

Incorporated

Investors

Institutional

Shares

Bank

Group

Insurance

K-l
K-2

S-l
S-2

S-3

S-4

11.98

9.21

10.09

2.31

8.07

15.62

17.12

1

10.34

11.33

1

10.06

7—5

Trading

(Geo)

7.21

1

1
&

6.36

14.15

47.53

18.98

___1

Investors

Standard

Invest

Co

Inq

85c

Television Fund Inc
Trusteed

11.30

1

9.62

1

1

24.48

15.77

17.21

Wall Street Investing Corp
Wellington Fund

1
1

Fund

27.38

Unit

of

Bank

of

Chase

New

:

11.28

4.22

4.62

North

Series

Trustee

9.22

9.41

16.67

18.20

15.28

16 43

3.39

3.68

Shares—

Bank

Amer

45.24

6.40

7.40

1

2.14

2.44

1

3.37

1

2.33

Shares—

Trust

Series 1955

;

Series 1956

Surqty

Aetna Life

Agricultural

Bid

Ask

84%
52 v,

87%

Home

54

Insur Co of North America—10

56

58

Jersey Insurance of N Y

61

&

National

25

——

Par

5

Casualty

Maryland

10

American Alliance

Automobile

American

American Casualty
American Equitable

Assur

4
5
5 ?„•'

23%
45 V\
12%
19%

25

47%
14

21%

Prior

$2.10
.

& Casualty_5

Newark
American Re-Insurance

American of

Surety

American

2%
10
-25
10

13 %

17%

18%

Casualty
Fire

Boston

—

Conecticut

General

Life

Continental Casualty—;
Crum & Forster

Inc

Federal

26%

28%

5

27

—

29%

Globe & Republic
Globe & Rutgers Fire com
2nd preferred

Great

American

45

15'/«

16%

24%

Fire

67%

New York

5
10 "

20%
89 f

22'%

Northeastern

93

Northern

10
10

56 *4
33%

10
5

5
15
15

5
10

Hartford Fire

10

Hartford Steamboller

10




25

i

Co

&

265

&

Hampshire Fire

61%

Fire

——"_~2~50

River

28

100
,._ul2'%

City Bank

25

823%
383%

Trust——

25
12

7

90

25

Bid

,

Ask

,

Issues

Pacific

10

54

10

85

100'% ; /lOO'/a101

'preferred—100

Conn-Lt '&

pfd——*

A

53%'

53)%

pfd-—50

.51'%

$2.20

Pow

101%

102'%

103'%-.

3s__

1978

103

103ft

England Power 3s-_

1978

1023%

103 ft-

Tel>3s—1974

100%

100%

103

Preferred Accidents-

Elec

Narragansett

?

65%

Providence-Washington

10

33%

35%

2

5%

6%

10

28%

4%'
'

")

17%

(N Y)__

(Texas)

$4

3s 1979

Okla Gas & El

copv

2nd

Ohio

Power

___•,—1978

3s

-.103

%!

Ser

Edison

3'%s

—1977

101

110

4.50% pfd—*

101

104%

105%''

4.60%"

4.70%

(Colorado)

pfd_T00

«

12%

83

86,;

26

28

Seaboard

lo
10
10

50

34'%

105%
,

5'% %

101%

Sccvill

101'%

Texas

Service

of

New

44 '%*

102%/.

35

100

670

695

100%

27/8s—1979

103%;
1

.-

preferred——————100
Ivffg

4.20%

100

pfjd—___ip0

Eastern Transmission—

,

13%

14

'/a.

46'%

33

Power

109

Mexico—

36%

10

Electric

Wise

'

53

50%

1;

108

4.40%—10Q

-

48 %

.104,®%'

103'%

pfd—f0o

*

103'%

,

-105

Puelic Serv of Indiana 3s—1-979

108'%

100%

& Lt

Potomac Edison

Public

Potomac

Pow

51

103%,

103

pfc}...*
100

5'%% pfd

Pacific Lighting
Penna

Pub

3%

71

(Wise)

North States Pow

„5

&,Co

103'%

& Lt 3fts__1978

Louisiana Pow

95

4.70%

Power

1013%

101'%

——1979

27/8s

Power

88

Phoenix

61 %

Republic

Ask

105%

Central Hudson Gas & Elec—

Merck

57

Indemnity Co

81

Bid

103%

Par

Stqcks—
4.75/%

Now England Tel &

16%

44 %

'V*

102ft

102'%

1974

108

78

42%

A—12%

590

560

,

Telephone of Fa 3s:

New

——"l2~50

Reinsurance Corp

55%'

—

of Amer N T & S

Bank

!

69%>

52 %

Bank__^__20

Francisco

San

4G3%
66'%
73%

/

63'%
■

100

/ '

States Natl

United

231
/
41
853%

225
39

Nat'l Bank & Trust_17'%

York

Duke

8

Pacific Fire

64

33%

66 %

Bank______12'/2

National

Illinois

58%

61

285-

31%

—20

TtUSt—,

Portland ""
First

51'/a

49'/8

20

Co Inc

Trust

(J P)

26%

65%

Amsterdam Casualty

Surety

10%

11%

Security (New Haven)
Springfield Fire & Marine.

31

33

Standard

85

88

31%

32%

Accident

Travelers
U S

Hanover

290

Bank

16%
1,305
42'% > 44'%

31%

42%

5

St Paul Fire & Marine

Falls

Natl Bank__100

30

<

Commonwealth Edison 3s —1999

2

,

New

67

*

-

89%

10

it

33%

31 \'z

_

•

Peoples First National

283

Columbia Gas System 3s—1974

7%

10

42%

3i

10

%

r ~

56

86%

32
58%

Detroit

of

'

27
33

31

Natl Bank & Trust—_100

Mellon

1 235

28

Bank

Farmers Deposit

.'

36%

39%

Fidelity & Deposit of Md new_10
10
Fireman's Fund of Frisco
10 1
Firemen's of Newark
5
General Reinsurance Corp

7

34%

National Union Fire

Fire Assn of Phila

Glens

13'%

274

V.':

25

1

54

National

35%

*

'

■

Pittsburgh

90'%-

29 ""j

Bell

lo

28

•
Reinsurance—___10

\

>

23%

5

26

60%

Employees Group Assoc
Employers

;

■

Bonds—

(Detroit)-lO

26

North

Fire__.

Camden

34

•

10
157/8
100 1.265 ,

15

preferred-_5

58 V\

-25
10

& Shippers

Bankers

520

' "

30 l£'- 32

100

Irving Trust
Kings County Trust

51

New

Automobile

310

500

Detroit.

Recent Security

14

_4

290

100

—

43

7"' 7L

National

—

Ask

22

14%:

Co

180

173

—100

Savings

&

Trust

*

78%.

7/6

...

100

30%;

48

Massachusetts Bonding
Merchant Fire Assurance

'■-f.

Bank

111

10

preferred

$1.05 Convertible

"

32
871%
18'%

Industrial Bank of Commerce_10

Manufacturers

1

common

Merchants & Mfrs
American Fidelity

20

Bid

29%
107

100

Illinois

Bank ^ Trust—33 %

Central
National Bank
20 U
rjatipnal City Bank.—. J

9% % 10%
53
* 55

100 1.175

Bank

Ask

200

190

.

10

Trust

Bid

Par

■.

Cleveland

<' "

10

Bank

Trust

*

Trust

National

64

10
-10

1.40 %

'

Northern

41%
'

'

—16 '
50

N Y)'_

United States Trust

10 ".

Harris

Co

Sterling National
Title Guarantee & Trust

Par

V

&

bl.50

-

35'%

40ft v/42ft

Bank & Trust_20

Lawyers.Trust

Insurance Companies
>

1949.

National

First

Trust—

&

Plains,
Empire Trust

Public

i

28,

National

118
92'%

:

39%

t

—

(White

New

Casualty

10

Trust

&

89 '%

33'%

20

Trust

County

National

Insurance

1.35%

1.35%

City Natl Bank & Trust

336
41%

114

15

Guaranty Trust

2.50

E

321

100
Bank

Corn Exchange

Morgan

Aetna

bl.50

.-—bl.50

—

T

26'%

: '"39%

10

Co

Stamped

9.57

1

Independence Trust Shares

Diversified

93.23

Aetna

1949

1.35%

bl.50

1949—

Continental

100

„

Continental Bank

6.59
8.80

24'%

York

Avenue

National

Trust

First

14.16

4.78

1.35%

Chicago

Co—10

Trust

Bankers

Fiduciary

10.30

4.36

1.35%

bl.50

14, 1949-

Ask

'y

Manhattan

the

Fifth

-'J

-;v.

Commercial National Bank &

Type Trusts—

12.97

44.34

Bank

Chemicar

1

Inc

Wisconsin Investment Co

-

bl.50

—

"

Bid

Par

York1:/''-.

Federation

Whitehall

9.77

16.29

91.37

July

Central Hanover Bank & Trust 20 :
18.30

21.38

25.10

1.06%:

1949

Brooklyn Trust

71c

5.79

22.44

14.93

bl.15

New

18.31

United Income Fund Shares

1

Fund

1

Union Preferred Stock Fund

28.43

Mutual Fund—*
Loomis Sayles Second Fund__10

Loomis Sayles

17.20

27.19

19.59

16,

—.

Banks & Trust Companies

7.99
12.89

July 21.

&

20.69

1

series

Union Common Stock Fund

8.95

63c

25c
A_—1

Series C

25.51

12.60

July

1.04%

:

Series B

12.38

7.11:

/'

50,

8.83

1

Industry Shares

Union Bond FUnd

93c

47

10c

Investment Corp.*

Street

State

23.47

July 7,

1.02%

bl.15

June

6.04

19.30

1.11

1.00%

bl.15

1949

20.09

5.51

:__5

80c

bl.14

1949

9.

10.51

Shareholders Trust of Boston__l

v

1949_—.

2,

47.53

.9.71

Sovereign

1.01

May 26,
June

I

1949.
1949__

2.37

1.63

72c

23,
30,

27.46

4.53

.'.lc

June

15.22

2.16
25.54

Scudder, Stevens & Clark
Fund Inc (new asset value) _* '
Amer Shares__!
2%

8.36

June

0.98%

11.05

1

Fund

1.59

7.62'

0.90%"

hi.14

June

7.90

1

Investors

Berg Fund Inc

Selected

20.86

bl.12

1949

15

1

Fund

1949

May

19,

Ask

Bid

May 12,

4.94

5.80

1

Tobacco

Treasury Bills

;Ask

Bid

7.15

4.51

1

(Steel

6.52

.1

;__

equipment

United States

9.92

7.36

__1

__

9.05

1

4.19

1
(Medium Grade Bds)—1
(Low Priced Bonds)——1
(Speculative Bonds)—l
(Income pfd Stocks)
1
(Appreciation pfd Stks)_l
(Quality common Stks)-1
(Income com Stocks)—1
(Appreciation com Stks)_l
(Low Priced com Stks)__1

Knickerbocker

7.96

10.93

-1
,10c

Keystone Custodian Funds—
B-l (Investment Bonds)

B-4

7.26

1

4.85

of Boston—1
Investors Management Fund_—1

B-2

1

_1
1

5.71

Investment Trust

B-3

stock

4.68

Group—lc
America
1

of

Co

equipment

Machinery
1
'Merchandising

5.26

shares
lc
shai'es.—lc

Stock and Bond

Electrical

Insurance

'

4.30

Group

Investment

preferred stock__l

Ltd—

Group' shares

Aviation

"

4.46

—lc

_js

Howe Plan Fund Inc

'

100.6 V

r

Other Issues

Natlon-Wide Securities—

3.85

Stock Fund

*

102.2

101.26

7.15

15.90

Dividend Shares

99.16

100.4-

100.4 i

sept.-15, 1949—^
l%s Jan."20, 1950

14.36

Mutual Invest Fund Inc

—.

.w.

1955-1953

11.90

15.78

—

■

2'%s Feb.

26.24

Mass Investors 2d Fund

7.76

Investment

99.8

J00.2

;

1%S
•

Ask'

Bid

1949%%—

7.61

26.40

shares

Petroleum

2%

cpm—100 3,120

...

Boston

1953-1951

1,
1.

point

a

Banks—

Loan

22,

4.01

95.35

1
1

Delaware Fund

*■

1%6 Jan.

;

98.30

98.22

Home

July

4.54

2
91.54
18.87

1
1

Commonwealth

Financial

f'%s May 1, 1952-1950

3.88

5%

14.60

Chemical Fund

First

7.3f

5

Century Shares Trust..

1.65s

100.2

3.69

lc

Federal

Ask '

s

3-If

lc

Bid '

3.67

Paper

Bonds—

1950-1949— ■" 99.31-

1,

'

3.47

9

10c

Canadian Inv Fund Ltd.

Christiana Securities

l%s Oct.

3.53

8%

7.77

Bullock Fund Ltd—

Balanced

3.30

14.93

1

Inc

^Bowling Green Fund Inc
Broad Street Invest Corp

&

2.99

3.20

1
*

Inv Tr of America

Eaton

Federal Land Bank
'•

1

Blair

Preferred

Figures after decimal point represent one or more 32nds-of

Ask

6.76
13.74

5

Beneficial Corp

Boston Fund

J

1

Axe-Houghton Fund Inc
Axe-Houghton Fund B

Bid

3.55;'

Associated Standard Oilstocks
Shares

Par

Managed Funds—
Automobile shares
lc
Business Equipment shares_lc

28%

'

ObRpiimt? Qf Government Agencies

Mutual Funds—

5.18

3.60

1
.

Ask

Bid

Par

Mutual Funds—

30%
125

34%

32%
129

36%

Fidelity & Guaranty Co__2

U S

Fire

U

S

Guarantee

Westchester Fire

a

Odd lot sale (not included in

53%

4

58

61

in

74

19%

21%

b Big yield price,

in year's

change.

n

78

2

year's range),

dividend.
x

Ex

dividend,
•No

d Deferred delivery

range),
e Ex-interest,
f Flat price,
k Admitted to
Admitted to trading N. Y. Curb,
r Cash sales (not included
(Un) Admitted to Unlisted Trading privileges,
wd When

included

51%

par

y

Ex-rights,

value.

z

Ex-stock dividend.

tin default.

JThese bonds are subject to all

sales^ (not

listing on N. Y. StocK ex¬
in year's range)
t lx-siock
delivered,
wi When ^ssuea.
-

Federal taxes.

f

Volume

169

Number 4801

THE .COMMERCIAL

&

FINANCIAL

CHRONICLE

(2029)
Week Ended April 30

THE COURSE OF BANK CLEARINGS
Bank

clearings

Preliminary figures compiled by

increase

an

with

compared

a

year

ago.

based upon telegraphic advices from the chief

us,

1949

District—PhiladelphiaPennsylvania—Altoona—
829,985
Bethlehem

total stands at $14,233,193,834 against $13,367,523,622 for the
center

there

is

'

1949

;

Kansas

588,614,433

3.5

863,000,000

930,000,000

7.2

:.441,202,125

J.5

San

Pittsburgh

Cincinnati——:

252,976,009

5.1
1.3

303,923,000

325,232,000

5.0

>97,771,465
,304.273.767

205,751,258

205,507,475

0.1

„

cities, five days

cities, five days

$11,252,833,445 $10,744,673,404
2,297,512,920

——

-Total all cities, five days......

i

All Cities,

*

$13,550,346,365 $13,146,701,990

day.——.—...

one

+

682,847,469

_

Total all cities for week

-

+

'720,821,623

—

$14,233,193,834 $13,867,523,622

-

—

West

4.7 ;.

Jssue of next week.

In

able fo give

+

3.9

ending April -30.

674,490 in the

5.3

2.6

>1:

Total

it appears

was

a

decrease of 4.8%, the

week in 1948/ Outside of this city there

same

was

this center have recorded a decrease of 7.4%.

an

aggregate

District the totals

the Richmond Reserve

there is

furnish

We

a

Philadelphia

are

OF

$

cities

12

lySt Boston

>

44

Cleveland—L—

1

•
«•

r

.

«>

44

3,247,059

5,278,936

+

5.0

273,804,763

4,512,960
242,777,383

—

0.1

746,717,649

652,486,601

-T-

8.0

10

add

+

361,740,293

2.4

597,062.281

—

4.5

-

345,048,985

533,816,715

6.1

903,021,427

357,553,816

272,798.906

334,730,758

—U8.5

289,118,740

240,757,432

"J;, 428,953,557

462,980,357

—

7.4

.287,235,453

276,325,756

3.9

730,770,651

729,127.842

412,403,738

0.2

348,686,096

13,859,674,490

13,197,490,462
v

6,611,437,363

1948

1949

$

$

<Clearings *t—yf

—

"*.

—

—

4.?

12,505,148,894

13,830,893,961

1.9

6,096,161,517

5,560,521,089

1947

Dec. %

1946

S

$

1,481,985

1,445,658

4,198,241

*

4,127,717

3,835,968

475,002,945

413,317,817

:

V 1,773,829

New Bedford——

1,640,158

.I

441,501,284

1,356,274
V.

972,169

1,375,871

665,465

651,300

.

1,781,332

1,384,072
6,761,547

5,905,387

5,569,427

22,807,709>

9.384,257/:

.—-

Rhode Island—Providence—

4,717/432

21,845,800.'.

'

10,051,747

23,376,062

(},

9,699,207

•

I 23,899,000

1,037,153

•Total (12 cities)—

27,400,200
:

559,556,635

Seventh Federal Reserve

9,0.74,441,

,17,365,300

1,317,801

1,161,045 '

495,584,357

512,534,538

York—
-

10,288,752

2,686,555

—Z

,-s

Elnflra——

77,288,3,62

2,598,844
,

78,653,494

+

0.1

25,322,803

12.93d,452

+
—

3.4

1.7

3,481,216

2,974,051

71,863,712

66,156,253

1,516,878

+59.7

1,546,256

1,336,476

1,705,321

2,254,868

—24.4

i,819,652

1,485,836

6,713,210,774

-

Rochester

7,248,237,127

7.4

6,408,987,377

8,270,371,872

—16,905,409

Jersey—Montciair

17,867,561

—

5.4

16,220,673

16,046,124

13,770,953'"—11.0

12,481,037

12,456,468

650,485

,

,

719,541

—

10,841,858

0.2

10,265,996

9,726,489

—

9.6

699,532

40,508,899

41,934,564**— 3.4

42,149,831

46,822,519

47,576,500

46,722,411




90,394.515

78,301,889

7.0

6,359,822
399,188
101,973,192

99,736,992

4.5

533,816,715

515,124,811

+ 19.5

597,062,281

+

—

1,404.355

3.5

—

8,268,220

9,919,242

—16.6

4,943,704

3,985,193

2,882,285

6,031,420
468.666

6,264,061

1,705,543

—18.7
—13.7

5,407,729

•

10,117,248 "
5,123,305

742,450
•

7,987,353
3,576,562
3,969,655

47,234,000

+

4.2

46,848,000

39,481,000

6,054,814

Terre Haute—

5,765,118

49,235,800

6,037,566

+

0.3

5,286,895

0.3

47,108,658
3,480,439
28,943,627
12,690,146

.

t2,636,014

Wisconsin-r-Milwaukee—

•'

Iowa—Cedar Rapids.
Des Moines

,

t

52,103,903

3,491,307

'

■'

v

51,924,409

3,308,451

5.5

+

"

:

25,459,824
•

29,423,942

.11,848,513
1,131,569

City—

Illinois—Bloomington

12,271,683

Chicago

*

*

710,013,689
2,585,967

9,411,184

10,054,421

4,320,981

v

2,684,681

t,527,331
3,203,101

*

849,124,207

904,404,528

—

Rockford
r

—

—13.5
—

3.4

t

44.552,003
2,738,058

23,402,847

9,748,285

"

1,109,112

661,720,769
2,792,304
—

3,644,912

t

—

2.0

+

1,008,631

518,247
'

—

6.8

716,589,107

031,029,337

+

8.0

2,597,640

2,150,581

6.4

8,705,221

7,777,394

4.6

4,187,317

—16.2

2,864,032

3,870,588
2,530,785

6-1

903,021,427

787,720,057

218,100,000

—

—

—

Eighth Federal Reserve District—St. Lonio—
Missouri—St.

Louis

252,500,000

261,700,000

3.5

239,900,000

109,620,959
78,569,404

105,866,753

+

3.8

96,401,501

80,836,953

•..76,148,387

+

4.6

66,713,708

57,364,559

1,536,529

Kentucky—Louisville

Tennessee—Memphis
Illinois—Quincy—

1,759,010

—12.6

1,686,145

1,252,304

1.7

404,701,354

357,553,816

^

—

Total (4 cities)

452,226,892

—

/

444,474,150

+

Ninth Federal Reserve

District—Minneapolis-

Minnesota—Duluth

5,658,916

Minneapolis
St, Paul

5,764,081

1.8

5,175,691

4,624,737

180,97.6,557

238,542,264

—24.1

199,105,823

64,987,720

72,352,537

—10.2

68,111,885

162,456,593
58,710,138

5,526,804
3,168,080
3,360,846
9,119,983

—

4,694,521

+ 17.7

3,165,625

+

0.1

4,681,321
2,597,619

2,188,120

3,159,266

+

6.4

2,399,378

2,364,073

—

Dakota—Fargo

Helena

I—

Total (7 cities)

—

Tenth Federal Reserve

*

272,798,906

619,430

6,937,236,685

7,477,875,550

6,456,110

'289,118,740

240,757,432

686,034

9.7

—

552,546

—12.8

6,547,386

+ 13.9

112,138,715

+

6.3

+

6.1

5,724,760

9,990,888

13,197,176

—24.3

311,513,036
10,640,749

—12.6

268,-044,605

—16.9

10,297,140

v

8,846,279

2,131,067

350,985,-

1,977,218

1,628,960

428,953,557

(10 Cities)..

Eleventh Federal Reserve

462,980,357

"

Oregon—Portland
Utah—Salt Lake City
California—Long Beach

Santa Barbara
Stockton

986,729

1,336,160

21.4

1,463,878

1,360,098

7.4

412,403,738

348,686,096

—14.6

8,005,993
170,745,000
20,661,390
4,643,000

6,429,969
159,559,000
16,625,637

+

—

227,876,000
25,882,793

4,932,300
3,894,921
8,248,089

5,131,765
3,517.266

+

+ 1Q.7

2,581,697

2,081,105

8,100,614

+

1.8

7,063,124

6,233,605

276,325,756

'+

3-9

2.19,600,204

195,424,916

?.9

92,403,900
3,441,618
92,512,723
43.847,803

83,740,403
3,235,404
77,778,564
33,125,506
8,522,661

5,817,328

+

7.3

—20.0
7.3

—

—

1.6

7.2

6,639,921,317

33,035,969
.

44,290,828

8,469,051,667

4,495,600

District—San Franelsee—

Washington—Seattle

109.984,156
3,098,965
137,749,163
53,365,267

ua, 317,866
2,997,480
145,963,893

12,555,395

48,929,746
8,063,168

8,513,494

__I
.L,

•

20,708,446

."—"IZ
—"HII

///—_H

San Jose

7,355,940

231,534,983
6,517,566

4,966,022
244,485,675

;;

Wichita Falls

Louisiana—Shreveport

San Francisco

90,607,198
4,565,489

4,541,288
9,416,818

287,235,45?

......I
!

+ 507.3

326,169

523,145
4,559,348

District—Dallas-

Dallas

Total

388,187
562,351

7,004,878
109,697,864

272,176,861

i

Colorado—Colorado Springs
PuphlO—.—,

(6 cities)

7,047,023

—18.5

6,076,473

Wichita
Missouri—Kansas City
St. Joseph-,-

Total

+ 29.3

334,730,758

482,040

Fort Worth

3,957,661

7,052,464
.•

7,456,475
119,196,826

>

Omaha—

Galveston.;

-

District—K»hsm City-

Hastings.—,
Lincoln—,,..—,—

Total

"

—

7,501,584

~r

—„H.~

384,367,091

380,798,991
10,817,130

.HZ

•

9,613,707
3,560,090
7,963,323

—

+
—

+

3.4
5.6
9.1

+ 55.7

(10 Cities)

Grand Total (111 cities)
Outside New York
tNot included in totals,
INot available.

730,770,65 1
—_ —.

9,641,394

+ 13.5

7,005,875

6,417,491

0.9

355,855,228

234,321,441

—11.1

9,165,572

8,580,254
3,198,930

+

3,427,979

+

3.9

3,522,221

7,510,005

+

8.9

7,529.177

5,838,491

+

0.2

624,955,511

564,759,145

766,283

Northern New Jersey

.

2.0

—13.4

1,355,442

9,922,028

+

Newark---^.

Total (12 cities)

79,688,599

'

306,445

Pasadena

12,250,898

i

Connecticut—Stamford

81,792,350

—

6,327,055

South Bend

:i

4,498,171
3,425,858

4.1

+

111,783,756

Indianapolis

Sioux

8.4

—18.6

—

4,017,461

Yakima:

2,423,061

—

JamestownNew York—

83,184,090

3,393,078

49,566,590

District—Chicago—

Twelfth Federal Reserve

—10,303,565

;

'Syracuse

1,450,934

538,783,335

Federal Reserve District—New

—

74,036,389

Michigan—Ann Arbor„
Grand Rapids
Lansing
Indiana—Fort Wayne—

4,461,734

23,646,589

26,246,881"
:

'

tfew Hampshire—Manchester---—..

Blngharoton

10,964,177

183,500,000

—

570,068,963

Total (10 cities)

Texas—Austin

(jonnecticut—Hartford——

'New York—Albany.^

12,708,217
54,965,402
177,300,000

2,018,215

7,349,029

..

4.696,344

f—

/'

1,554,878
-

7,334,492

——

New Hayeal—

5.7

—11.3

Nebraska—Fremont

Inc. or

1,550,576

V

980,936

Worcester—

345,048,965

'

—11.4

14,493,403

366,346

North

3,933,525, y

\ Fail RiverA—l-l——-—

Springfield

361,740,293

68,556,884

South Dakota—Aberdeen

461,354,960 +

;

Massachusetts—Boston

58,202,751

231,000,000
3,881,181

5,481,066

Kansas—-Topeka
1,904,172 ■

—

——

175,782,976

59,494,119

119,610,688

Orleans

195,424,916

First Federal - Reserve District—Boston-

Portland—:

+

185,600,042

2.4

—

81,498.880

564,759,145

detailed statement showing the figures for each city for the

it alne—Bangpr—,-.rrr«.

3,035,590

1.2
0.9

—

77,081,383

219,600,204

-

■

13,669,488

Montana—Billings.,

•

t

385,670,053

—

60,747,032

624,955,511

Week Ended April 30

r

7,912,000

97,948,045

18.3

99,777,630
2,923,414

787,720,057

404,701,354

April 30 for four years:

••':;

11,307,000

+ 11.0

205,100,000
3,751,642
2,762,438

515,124,811

1.7

6,484,272,688

our

652,486,601

+

"

,

841,744,917

746,717,649

0.1

512,534,538
8,469,051,667

873,567,589

"•

—

Outside New York City

now

5.4

385,670,053

-

^

——111 cities

Total

—

495,584,357

6,639,921,317

7.2

904,404,528

6

—

12th San Francisoo—

+

3.7

$

444,474,150

..M.'I H

L—-—-7

—

$

2,167,603

+ 10.4

1946

849,124,207

44.M-.Z,.

4

10th Kansas pity--——10

week ended

792,220,995

—

2,638,088

9,830,000

109,221,611

62,413,035

Mobile

/v.

1947

Dec. %

2,506,532
••

198,399,098

Decatur

452,226,892

16
—

"-■•4

Dallas'

895,245,585

.

570,068,963

——

0th Minneapolis

7,477,875,550

.

394,961,370

44

New

28,947,400

3,806,114

+ 17.6

—

*

6

6th 8t. Louis

z

559,556,635

791,677,518
*

——10

Chicago

$

/

943,652.925,V

..

aI

7

5th /Richmond
6th Atlanta

'<

23,510,300

—11.2

5,401,iy2

61,822,351

T——

Total (16 cities)

Inc. or

1948

6,937,236,685:,

j.-..

—1-11

8rdPhiladelphia

Buffalo

+ 12.5

4,551,833

3,299,777

Alabama—Birmingham

•

BANK CLEARINGS

538,783,335

44

2nd New York—12

Second

28,565,400

—

District—Atlanta-

Florida—Jacksonville

larger by 2.4%.-The Chicago

by Federal Reserve Districts:

1949

Federal Reserve Districts

;

241,708,780

195,997,106

the cities

group

gain of 1.7%. In the Kansas City Reserve

a summary

SUMMARY

i

4,849,670

126,443,349

285,686,077

792,220,995

,

Georgia—Atlanta

loss of 1.9%, /the

a

and in the San Francisco Reserve District of 0.2%.

Week Ended April 30

/

7,051,400
147,580,059

0.9

394,961,370

Springfield—

v

—23.6
8.5

282,211,637

Mississippi—Vlcksburg

loss of 6.1% and the Minneapolis Reserve District of 18.5%

a

In the following we

:

8,283,626

163,050,295
299,556,772

2,695,249

(6 cities)

Peoria

We

841,744,917

2,307,213

Columbia—Washington,—

Louisiana—New

decrease of 7.4%, but in the Dallas Reserve District there is an

a

increase of 3.9%

1

873,567,589

Nashville

of

improvement of 5.4%. In the Cleveland Reserve

but the St. Louis Reserve District enjoys a

11th

5.4

10,854,000
121,285.491

Sixth Federal Reserve

the totals are ^mailer by 0.1% and in the Atlanta Reserve District by 4.5%

Reserve District suffers

7th

+

District—Richmond-

Macon

(including this city) the totals record

that in the New York District

tteserve District the totals register

4th

895,245,585

791,677,818

,

Augusta—,——

the week

—

cities)

Tennessee—Knoxville_

:present/Tur^^

decline of 7.2%; and in the Boston Reserve District of 3.7%, but in the

*

5,552,858

—

appear

according to the Federal Reserve Districts in which they are located and from this

district

6,857,076

6,699,301

Carolina—Charleston

District of

has to be estiiiiated.

cases

final and complete results of the week previous

Far that week there

bank clearings at

but:in

2,187,202

6,992,277

2.0

296,354,551

Maryland—Baltimore

clearings for the whole1 country Mviiig amounted to $13^197,490,463 agair^t

district

4,130,878

3.1

+

Virginia—Huntington

South

not available at time, of going to press.

are

the; elaborate Retailed statemehtv however^

are

—21.3

2,374,302

7,590.850

6,353,537

Richmond—

We cannot furnish them todays inasmuch as the week

Saturday, and the Saturday figures,

Accordingly;- in the above-the last day of I he week in, all
;

5,019,446

4,042,099

Virginia—Norfolk

rrX\7\

2,402,023,555

(7

Fifth Federal Reserve

Complete and exact details for the week covered by the foregoing will

we

2,251,510

8.6

Ten

our

4,577,893

2,333,787

8.9

+
—

8,481,915

II

Pennsylvania—Pittsburgh
Total

274,998,578

278,236,442

—:

Other

ends

4,226,008

—10.1

296,792,784
32,135,000

IIIII

Youngstown

Baltimore.

in

7.2

2,364,682

6,332,870
149,666,677

———

Mansfield

271,000,000

Cleveland-

.

5,403,441

943,652,925

Cleveland

240,023,204

.——_—...

982,164

7>23,853

Ohio—Canton

267,400,000

Francisco-—*

2,785,563
812,000,000

8,649,674

Columbus—

City

840,000,000
2,832,417

Fourth Federal Reserve
District—Cleveland-

567.778,225

Sti Louts—.——

3,122,438

5.7

+

%

1948

447,740,237

-

Z,

(11 cities)

9.4

—.—

—14.2

3,662,842

857,000,000
2,710,673

3,951 145

"

!

New Jersey—Trenton

$7,128,101,130

*—

Philadelphia

1,114,785

1,061,564

+ 156.0

2,952,392
■

—.

—

York

$7,798,976,501

Chicago

1,032,991
1,054,537
1,142,955

—11.2

2,126,261

_

Wilkes-Barre--

Total

Week Ended May 7

9

5,014,360

Reading

Clearings—Returns by Telegraph

New York

1948

9

—18.7

834.027

1,157,023

3,143,234

Delaware—Wilmington

;V,

1,020,686

i,027,304

ooeiooolooo

Scranton

At

gain ,for. the week ended Fridays; of 9.4%. J Our comparative,

a

the'week follows:

summary for

week in 1948."

1947

•

Lancaster—.

Our preliminary

year.

same

or

Dec. %

2,134',717

Chester

Philadelphia

ings will be 2.6% above those of the corresponding week last

Inc.

t

Third Federal Reserve

ojities of the country, indicate that for the week ended Saturday, May 7, clearings
fpr all cities of the United States from which it is possible to obtain weekly clear¬

this

1948

*

will show

this week

45

729,127,842;

13,197,490,462

13,859,674,490

—

4.8

12,505,148,894

13,830,892,961

6,484.279,688

6,611,437,363

—

1.8

6,096,161,517

5,560,521,088

46

COMMERCIAL

THE

(2030)

CHRONICLE

FINANCIAL

&

ing tenders, and the page number gives the location in
the current volume (except where indicated) in which

Foreign Exchange Rates
Secretary of the

give below

%

:

.

CERTIFIED BY FEDERAL RESERVE

RATES

EXCHANGE
"

APRIL

29,

1949

TO

MAY

BANK

Associates,

1930

OF

Textile

Inc.,

Port

Date
stock-.

common

Concession

Realty Corp.;

Corp.,

8%

mortgage

1st

Buying

States

Money

Aluminum
1st

<

May 4

May 3

May 2

$

-

May 5

•

Childs

1879'

.297733*

.297733*

.251247"

.251247*

.251247*-

Eastern

.200000*

.200000*

.200000*

.200000*

products—

Closed

.297733*

1st

.022750
.021437

Brazil, cruzeiro

.054406

.054406

.022750

.022730

.022750
.021525

.021509
.054406

Francisco

.021587

.054406

.

.054406

1.000000

1.000000

1.000000

1.000000

.942500

,942500

.043593

.947890

;

_______

.301166

.020060

••
'

Closed

4.031367

England, pound sterling

.020060

.208535

.208535

4.031406

4.031406

4.031523

■*

./

National

New

.020060

-

V

»

4 V» %

England

:

Power

1st

Air

Line

RR.,

.004671*

Sherwin-Williams

.003039*

.003041*

.003041

.003039"

Southern

Gas

.301678

.301673

.301678

.301678

.301678

.139906

.136798

.124223

.124223*

Tide

.376400

.376083

.376000

.375942

3.991542

3.991542

3.591542

3.991953

;,2G1580

.201580

.201580

.497240

.497240

Closed

.201580;

.201580

.497240

—-

.040328

.040325

y-V

'W

■*

.278223

,____

•

I.

.233629

National

...

Company and Issue—

.658300*1"

.658300*1"

.561799"t

.561799*7

1

■"

••

'

,

,

(

.531909*t

Container

mortgage

Ohio

22,509,431

certificates

Gold

de-

Redemption

f\ind

for

F.

603,212

^

'

$

$
+

5.070

—

Silk

■

Total gold ctf.
cash

Industrial
U.

S.

269,783
480,007

+.

Govt,

: "

618

77

1,070

—

6,905.979

i_

Certificates

380,100

Notes

8.670.600

S. Govt, securities-

loans

and

securities—

20,839.165

+

35,000

+

234,700

21,319,790

368.936

+

from

F. R.

Notes

Uncollected
Bank

»+:-!

foreign banks

+

836,305

which

of other banks.

104.577

items——

-

2.32+.351

32,444

premises

Other

171,518

assets—

A
15,368

8.218

+

54,733

—

—

—

47,335.155

assets

—

of the assets

Liabilities—

Class

Federal

notes

Reserve

23,332,143

334,777

—

19,072,749

990,194

—

Foreign

531,353

Other

514,021

Treasurer

—

gen.

156.245

deposits

21,108,317

Deferred availability items
Other liab.,

2,067,828

incl. accrued divs.

56,355

+ V..

8,909

+

161.321

+

12,618

+

151,103

—

80,973

—

*

74.086

Loans

to

brokers

chasing
S.

or

167,835

46,520,906

and

Other
U.

S.

+ 1,728.188

Real

—

V

Capital paid in
(Section 7)
fjurplus (Section 13b)
Other capital accounts

;
+

6,342

+

33

204.367

Burplus

Other

....

18.522

U.

8.

27.543

115.628

53,137

+

68.796

for

dealers

accts.

47,335.155

"220,939

+

1,821,848

Ratio

of

serves,

gold
to

certificate
combined

Commitments

to

make

0.1%-

+

+'

18

+

+

88

2,437

:

—;

securities—total

Reserve

principal

changes

for

the

week

ended

April 27:
Decreases of $142,000,000 in commercial, industrial and
agricultural loans. $344,000,000 in reserve balances with
Federal Reserve banks, $238,000,000 in United
States
Government

credited to

ings, and
adjusted.

$311,000,000 in demand deposits
domestic banks, and $168,000,000 in borrow¬

an

deposits,

12

+

222

+'

136

—

+

161

—

;
Commercial,
industrial
and
agricultural loans de¬
creased in most of the districts; the principal decreases
were
$71,000,000 in New York City, $19,000,000 in the
San Francisco district, $15,000,000 in Chicago and $10,-

*

17

—

+

35

—

1,539

—

344

+

1,371

Atlas

2
'

46,175
15,189
1,279

deposits

Debits

to

+
—

418
17
238

—

+
—

172

Auto
,

,

-

-

7,781

-

—

311

—

1,368

-

and

deposit accounts,
U.

during weckt

8.

13

+

163

+

—

6-15

5-31

6-

1

5-10

75c

6-

1

5-10

50c

6-15

;;

Co.—

quar.)—

—

1

6-

1

5-10

6-

1

5-10

62 Vac

6-

1

37 Vac

6-

1

5-16

31'/4C

7-

1

6-15

28 VsC

7-

1

6-15

31V4C

7-

1

6-15

25C

6-

1

$1.12 Va

9-

1

$1.183/4
50C

(quar.)

—

preference A

(quar.)

(quar.)

i

:

(quar.)—'——-

A

Electrical

Refining

Tack

(quar.)_

5-10

6-15

5-17
5-20

30c

6-15

50c

6-10

50c

5-31

5-16

110c

6-15

5-21

112 Vac

6-15

5-21

—r_,

1
(quar.)__

Service

common,.

Allied

20c

6-

1

5-18

7-

8

6-24

30c

7-

1

6-10

Balfour

Building,

5-31

5-16

583

6%

Baltimore

T.),

Inc.

Radio

Bankers

(quar.)

inc.

(quar.)

Show,

preferred

$1.50

common

5c-

(quar.)

(quar.)

15c

&

Shippers Insurance Co. (quar.)—
Barber-Ellis, Ltd. (quar.)—

53
112

$1

Barlow

&

Class

A

4.25%

Seelig

33/4%
British

Redemption Calls and Sinking Funds

Mfg.

preferred

Co.,

including

those

called

The date indicates the

Brown

$3.60

list of corporate bonds, notes,

stocks

called

under sinking fund provisions.
redemption or last date for mak-

5-16

15c

Rubber

Extra

$5

preferred

5-17

6-23

6-

^

6-

1

5-16

$2
$1

Oil

5-20

5-10

4-28

6-

5-16

1

7-15

7-

1

7-

2

6-

7

2

6-

7

115c

8-

1

6-30

25c

6-

1

5-13

30c

6-

1

5-13

90c

7-30

7-15

130c

6-15

5-16

6-15

5-16

(s-a)

.4
;

(quar.)

•.

1

;

(quar. )___j.____'

1

7-

Ltd.

(quar.)
A

6-

125c
(quar.)
4 0.234375

Co., Ltd., com.
(quar.)

common

40C

93%C

Forest Products,
Co

preferred

1

6-12

..

preferred (quar.)__

Shoe Co.,

5-16

6-

6-15

(s-a)

(quar.)

common

preferred

5-16

4

30c

(quar.)

American

5-16

1

6-

25 c

America

of

1

6-

30c

(quar.)

Trust

6-

$1.06 Vt

(quar.)—

Brunswick-Balke-Collender Co.,
-

4

5-16

3

75c

Bruck Mills, Ltd., class
Class B (quar.)

for- redemption,

5-

6-

common—.

British Columbia
Brown

5-14
-

30c

Company

Mills

33/4%

Notices

5-14

5-14
3

(quar.)
Co.!_

Investment

Bourne

1

6-

Oil

Blaw-Knox
Bond

1

6-

125c

Manufacturing Co. (quar.)——___.
Black, Sivalls & Bryson, Inc., com. (quar.)_

JRevised figures for pre¬

6-

112 Vac

Bristol-Myers Co.,

common

5-26

25c

Year-ago figures have been adjusted to a gross basis.-

and

5-16

1

(B.

30. 1948, individual loan items are reported gross,
1.e., before deduction of valuation reserves, instead of net as previously

preferred

8-22
;

Products, Inc. (quar.)
Collieries Corp. (quar.)

tEeginning June

a

5-21

(

10%

Industries, Ltd.;—
(final)-

Co.

6-15

7-

Belden

Below will be found

5-10

115c

Co., Ltd.,
(quar.)__——_—

Barnsdall

reported.

3

/

-

Co

Corp.

Electric
A

;

20c

?.

registered

Powder

.Class

——

.

(San Francisco District).
vious week—$21,021.

-•

Babbitt

20,091

'Figures revised

5-11

76-

75c

—

preferred (quar.)

Extra

except

,___

5-20

30c

Ayshire

accounts,

Govt,

,

—
—

1

496
448
105

:

,

253

demand

interbank

+

5-14

6-

62 Vac

(quar.)_——
(J. H.) Hardware, Ltd.—

Atlantic
Atlas

9

5-17

12 Vac

(quar.)__

(quar.)

Ordinary

49

—

5-12

5-31

common—

(quar.)„__i

preferred

Associated

+

2,009

1

6-10

25c

—

(quar.)

(quar.)_

(increased

conv.

Class

4

—

1

Investment Co. of Illinois—

Ashdown

2,524

—

22

5-10

70c

Argo Oil Corp.

392
873
1,466

+

12 Vac

Socket Co.

Electric

&

preferred

4Va r/»

Avon

increase of $418,000,000 in demand deposits




+

797

5-10

5-25
6-

'

—

preference (quar.)
5 %
preference (quar,)_
American Metal Co., Ltd.,
common

73

+

6-

5-25

25c

—

(reduced)

Col,

5-20

'

4Va%

13,919

Banks

deposits adjusted
deposits, except Government

Government

6-10

4-30

1

—

vault

4.170

8.

6-10

6-15

40c

(s-a)—
Co.

preferred

preferred

Common

396

+

7

&

preferred

4,354

Interbank demand deposits:
Domestic banks

The condition statement of weekly reporting member
of the Federal Reserve System in leading cities

following

+

+

—

(quar.)_

Corp.

Board

Gas

American

52

—

"
38

25,458

U.

banks

8

+

32,951

securities

Foreign banks

the

—

' 954

2,119

Condition Statement of Member Banks

43/4%

81

—

3.863

Borrowings

shows

9

263

Federal

2

5-16

$1.12 '/2

American General Corp., $2

Liabilities—

Time

indus¬

loans

+

—

4.078

Demand

5.482

"+•'

413

loans

loans

in

conv.

Common

361
153

+

10

4,712

0.6%

'

trial

$3

American

$1.25

Balances with domestic banks-

52.0%

Contingent liability on accept¬
ances purchased
for foreign
correspondents
«•

53

199

purchasing or carrying:
obligations
securities
1

with

2

7-

,

$1.25

preferred (quar.)__

conv.

$2.50

Treasury notes

Cash

re¬

deposit and F. R.

liabilities

note

$2.50

91

—

".+

748

1,827

Reserve

4

..

986

+

142

Holding

Hoe

350

+

530

-

Treasury bills

Other

5-

6-15

(s-a)

common

Fork

pur-

obligations

U. S. bonds-.
Total liabilities & cap.

7-

t25c

181.25

preferred (quar.)——
Brewing Co.

$3

Treasury certificates of indebtedness

466,711

134

—

Government

Government

Holdert

5-16

181.15

(quar.)

Co.,

American

1,625

—

—' 134

Loans to banks

Capital Accounts—

43

preferred

&

agricultural

securities

estate

in

Payable of Rec.

25c

(quar.)
——

Forging

Other loans for

3,274

When

Share

.

,

American

carrying:

Government

pref.

Box

'

84.914

-T-

24,010

'7 loans

2,151,153

—

2,562

—

+

14,162

and

table

are:

class A___

(quar.)

American

1948

1949

24,311

industrial,

partic.

Finance

Amerex

Apr. 23,

"Apr. 20,

61,315
—

Other
liabilities

Total

5%

Inc. (+)' or

(in millions of dollars)

;

Investments—total

Commercial,

123,692

—

U.
Total

*"'%:

Loans—grosst

+ 2,039.438

52.588

—

S.

bank—reserve

+

acct.

acct.

Member

U.

^
Corp.,

Albany & Vermont RR. (s-a)
Allegheny-Ludlum Steel Corp—

Altes

Loans—net

Deposits:

A

preferred

$4.50

1949

and

second

a

Sugar Refineries, Ltd.—

Participating

Allied

12,579

Loans

66,803

follow with

of Company

Title & Mortgage

Acadia-Atlantic

'

+

we

Per

Dec. (—) Since

*"•.%;

Then

show the dividends

we

Abstract

member banks follows:

Assets—

1491

167.

are

week.

Name

and liabilities of reporting

+ 1,821,843

220,939

§Vol.

*

Apr 27,
Total

166.

The dividends announced this week

5%

211

+

733

+

200.760

—

tVol.

1888

1

declared.

smaller amounts in the other
credited to domestic banks

•

37

—

summary

issue.

July

preferred stock

previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when

000.000 at all reporting member banks.

49

.

1782

grouped in two separate tables. In the
bring together all the dividends announced the

we

current

'

Due

Dividends

first

Borrowings decreased $184,000,000 in New York City,
$30,000,000 in the Cleveland district and a total of $168,-

587,853

1454

Jun

DIVIDENDS
"

decreased in all districts.

2,477,482

154,976

—

the Chicago district and by
districts.
Demand deposits

2,679,236

—1.592,600

4,500

—

—

—2,976,265

94,736

—

—

in this

_

$62,000,000 in New York City, $43,000,000 in

decreased
4,882.486

Bonds

Total

249,522

+

214,037

—

27,813

—

securities:

1

Total U.

.16,486

—

loans

Bills

+ 1,193,500

19,928

+

'

:

advances

and

Discounts

23.112,643

reserves

Other

.—Jun

:—1

1952

Hosiery Mills, Inc., 7%

Treasury

Demand deposits adjusted increased in nearly all dis¬
tricts; the principal increases were $150,000,000 in New
York City, $105,000,000 in the Chicago district, $47,000,000* in the Cleveland district and $42,000,000 in the San
Francisco district.
United States Government deposits

23,761

—

of

member banks.

1,217,261

+

24,998

u

R.

notes

1948

1949

$

,

bills increased $180,000,000 in
New York City and a total of $161,000,000 at all report¬
ing member banks. Holdings of Treasury certificates of
indebtedness increased $7,000,000. Holdings of Treasury
notes decreased .$17,000,000.
Holdings of United States
Government bonds increased $21,000,000 in the Phila¬
delphia district and a total of $35,000,000 at all reporting
Holdings

(—) since
May 5,
27,

'Apr.

May 4,

"

,

due

series A,

5s,

Loans to banks in¬
!
v
:

Cleveland district.
'•
^

$38,000,000.

Page

Corp.—

Power

Real

creased

CALLED

Pacific

type of merchandise.

000,000 in the

ISSUE

51591

1st

.531909*7

dollars)

1949 "

;

..

1821
*

debs., series A, due 2024—July

sinking fund debentures, due 1959__
England Telephone & Telegraph Co.—

New

.561799*1"

.531909*1"

crease
v"•

Jun 17
Jun
1

\V'Date

5%

.5319U9*t

Increase (+) or

Assets—

1890
1492

T241Q

4.007500

4.007500

•

.561799*7

Reserve Banks Combined
of

1
1

Jun

1968-

1

.588223*7

.588223*+

Statement of Condition of the 12 Federal
thousands

*
*
*

_Jun

Co., 6%
debenture bonds, due 2024
Jun
Lighting Corp., $5 preferred stock——-—Jun
Public Service Co. of Indiana, Inc.—
2%%
convertible debentures, due 1962——
May 25

.658300*7

.588223*t

.588223*1"

<

♦Announcement

(in

1
1
1

1996_Jun

preferred stock—July

$3.75

ENTIRE

Appalachian Power Co., 6%

.551909"'t

depends upon

due

mtge. 314 % bonds, ser. C, due 19731st mtge. 3% bonds, due 1958

.378223

4.007500

r

Co., Inc.,

-

•

.561799*1

tApplication

1672

.—Jun

—

due

bonds,

Co.,

.472166

.233629

——

rate.

1958_—

3%

Oil

.040328

.658300*7

.588223*1"

Uruguay, peso—

1671

Co.—

line

.233629

.278228

.

Uruguay, peso__——

1338

May 15

—

v

4.007500

Closed

.658300't

pipe

Associated

1st lien & ref.

Wilson

.233629

4.007500

Natural

mortgage
Water

.273228 •;

•

—_—

;

Uruguay, peso

1st

.040325

,472166

.253629

—+.

i—

Union of South Africa, pound

Uruguay, peso

1

May 16

Jun

1960

1

.472166

.040325

.472166

.278228

Sweden, krona

•Nominal

•*

.

.497240

.472166

Portugal, escudo_,
Straits Settlement, dollar
Switzerland, franc—

due

.197240

-

3.991336

r—

—

1606
•

1961

Virginian Ry.—

.376100

"

Norway, krone
Philippine Islands, peso

May 12
—Jun
1

due

A,

ser.

1st mtge. 4s, ser. A,
4%
preferred stock

Co.,

'

New Zealand, pound

1882

Co.—

due

bonds,

mortgage

.004671*

.003039*

:—

1

Co.—

.140168
■

1965

series A, due 1961
Theatres,
Inc.—

.004671*

______—___™—

Mexico, peso
i
Netherlands, guilder

;

Fibre

.004671*

IT——

_—™

4s,

debentures,

.004671*

India, Dominion of, rupee

.

mtge.

1st

England

Seaboard

(Metropolitan), franc—

Official™

due

Co.—

Vulcanized

Poli-New

4.031835

1881

—————Jun

Co.—

bonds,

collateral trust bonds, due 1956—
Co.,

1st mortgage 314s,

„

.208535.

1

Transfer

15-year

.301166

.301166

.020060

.208535

.206535

Denmark, krone..

,301166

.020060

.301166

'—
-+•

___

Czechoslovakia, koruna

Depot

1777

i

Jun

Ry.—
mortgage 3%% bonds, dated 1936

1st

1.000000

.942500

Official

conv.

Corp.—

1961

due

3%%

Sugar

Electric

Minnesota

Canada, dollar—

Union

20-year 6%
Iowa

Power

3'As,

mortgage

——Jun
1
bds., due 1968—May 10

preferred

York

New

Street

1st

.021500

Co.,

mortgage

Fort

3.212640

3.212313

3.212313

3.212313

.022750

Free

5%: debentures,' dated'19451——-—-'-May 25

.251247*

Belgium, franc
__—
Foreign "bank notes" account™

France

1661

Inc.,
5V>%

.251247*'

.297733*

Pago

~

.

.

bonds, ser. A and B, due 1974—*——May 15

.297733"''

3.212150

Ceylon, rupee

Canada, Ltd.—

.200000*

Australia, pound

Free

of

3Va%

mtge.

B'/G Foods,

$

$

Co.

stock
Clyde Porcelain Steel Corp., 5 Vb%

$

Argentina, peso—
For "regular" products—
For "non-regular" products
For certain industrial

Apr. 30
$

Apr. 29

Date

Company and Issue—

in New Yorl^

Cable Transfers

for

Rate

1877
1770
V

debentures.-,
May 16,
bonds, due _1959'___May 16

REDEMPTION

PARTIAL

Noon

Monetary Unit

Country and

United

in

Value
1

PaS®

.iMay 10

—

INCLUSIVE

1949,

5,

TREASURY UNDER TARIFF ACT

TO

TENDER

Company and Issue—
Air

-

.

OF

NOTICES

.

Asuncion

FOREIGN

given in the "Chronicle.

were

of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies

record for the week just passed: -

a

the details

daily
Treasury the buying rate for cable transfers in the different countries of the world. We

Pursuant to the requirements
to the

Monday, May 9, 1949

17 Vac
com.

(quar.)

6-15

5-16

6-15

25c

———1—«" —'$1:25; V. 7-

1

,

6" 1
6-20

t
.

Volume 169

'

•

,

„

,

.

Name of Company

-

Buck Creek Oil

THE

Number 4801

.

-

.

When

Per
Share

*
.

Buell Die

(s-a,)

6-15

5-

6

6-

7

5-17

6-

1

5-17

5-26

Extra

$4.25

5-13

5-18

Hathaway

Byers (A.

6-14

5-20

Hawaiian

5-20

5-10

California Cold
Common
'

iquar.)

Company

M.)

—

7%

v

Canada Vinegars,

6%
$1

Ltd.,

A

Ltd.,

preferred^

1

5-16

Howard

6-

1

Hudson

2

6-

1

1

5-31

7-1

5-31

170c

7-

7-

7-

(quar.)..
Co.,'Ltd.—

1

Class

A

Canadian

7-

6-15

6 Vz '7c

6-

5-20

6'/a%

130c

6-

5-20

6-

5-16

Extra

—

4)4%-preferred (quar.)

Carman & Company,
Central

National

Central

Ohio Light &

$1.06)4
25c
40c
t_u__
90c
.—3 5c.
<quar.)_
50c
_
'
40c

Corp

____

Power,

(quar.)—

com.

'

preferred

(quar.)—
Central Paper Co. (quar.) ——
Central Surety & Insurance Corp.
Central
Soya Co.
(quar.) _
—
3.6%

Central

_—

(quar.)——

Co.

Belt

Corporation
Transit,

40c

preferred

6%

(quar.)__
——

.

Corporation, $3 preferred (quar.)__
Cab Co
——_
Chrysler Corporation
Clark Equipment Co.,; common (quar.)___i_
Chicago

Chicago Yellow

preferred

Class

(quar.)

1

6-

■

8

Kern

5-23

6-

1

5-20

6-28

6-15

Koehring

>

6"0c

1

5-15

Kysor Heater Co.

5-20

La

Consolidada

5-20
5-27

Lake

6-15

5-27

Lamson

$2.50

6-15

Lamston

1

6-15

7-

1

6-15

Inc.,

Stores,

Ltd
——

(quar.)—

common

B

—

Corp.,

tquar.)

Consolidated Textile

5-20

6-

5-20

See

Le

Secord

Tourneau

Lea

Fabrics,

5-16

Lowney

5-20

Maclaren

—

Lee

(H.

D.)

Co.

Company,

5-20
4-20
6-15

Masonite

6-23

6-15

5-14

5-

1

4'A%

5-16

6-10*

(quar.)—
—$1.05
7% pfd. (quar.)_
$1.75

2nd

preferred

—

common

(quar.)——.

preferred

Stove,

Detroit-Micnigan
5%

preferred
preferred

Motor

Car

Pepper Co
Dominion-Scottish

Light

5%

RR. Co.
Steel Products,

Mahonoy

Utilities

Ltd.,
Gas

Natural

Paso

preferred

4'A%

preferred

Electric

Auto-Lite

5-20

A

(1947

quar.)

Co

—

Mission

6-15

5-

4-29

5-16

5-

6-15

5-16

2

6-

6-

Class

B

Missouri

5%

Molsons

5-14

1

4

5

Monarch

Loan

P.)

(J.

Morrison

Cafeterias

Mountain
National

r4'A%

Fuel

National

6-30

6-14

6-

5-18

67-

1.1
1

5-18

1

6-14

5-3 6

National

1

7-

1

6-20

1

7-

Stock

11-

1

6-

1

,7-

1

6-

6-

1

5-17

10-

7

Retail

5-10

.

Co.

The

3

Trade

6-15

Class

non-voting

B

6-

1

10%

6-10

5-

5

Motors

preferred

$3.75

Corp.,

General

Precision

Georgia

Marble

Gilbert. &
Godman

(H.

C.)

Golden_Statc

Graflex,
Grafton

Inc.,
&r,

Class

A

Class

A

—

Mfg.——

5-14

•

20c
3 0c

7-

1

6-15
6-10

—-

Company, Ltd.; class
(quar.)__———
(quar.)___

A




(quar.)_
—

343/8c

1

Roebuck

(W.

1

$2.50

6-15

6-

5-16
6-13

20c

6-10
6-

(quar.)___

Jl5c

r

1

7-

1
1

7-

1

4'A %

7-

1

.

6-15

5-15

$4

Shops,

6'%

Advance

ic

5-15

4-30

5-15

4-30

3c

5-15
5-15

preferred A

Tool

Telephone

Thew

estimates of

New

5-31

t$1.25

quar.)__

(initial)

tl2'Ac

6-

1

5-14

preferred

$2.50

6-10

6-30
9-30

9-

9

12-31

12-

9

6-10

5-12

6-

5-

120c

1

9

10c

5-26

5-16

5-26

5-16

25c

6-

1

5-17

62'AC

6-

1

5-17

(quar.)

(quar.)

>'

;

54'Ao ;1

5-16

6-

1

5-

9;

i $1.25

1_

1

-130c

(quar.)

6-

1

5-

9

&

&

5%

Co.

7%
:

'5-16

4-30

6-

1

5-16

6-

1

5-14

6-

1

5-16

$1.37'A

6-

1

5-16

12'be

6-

1

5-21

13C

7-

5

6-15

25C

6-13

5-25

$1

8-

1

7-15

$1

8-

1

7-15

$1

7-

1

6-20

50c

6-

1

5-18

5c

5-27

5-17

$1.35

pfd.

6-15

5-16

25c

6-15

6-

25c

6-

(quar.)

—

(quar.)

(quar.)

Share—
(accum.)

Bearing

-

______;

75c

pfd.

5%

(quar.)

1

5-17
6-

1

6-

6

5-20

7-

1

6-21

5-16

62'Ac

«

_

1

6-15

$1.75

Co

5-. 2

'

$2

.

;

$1.06'A

—

Railway.

5-16

;

5-

2

$1.25

5-

2

4-27.

65c

6-

1

5-16

58 '/3C

Co

6-

_____

Light & Railways—
prior preferred (monthly)
prior preferred (monthly)

prior

5-21

20c

(quar.)

,

1

5-31

53c

6-

1

5-31

60c

6-

1

5-31

17'A %

7-

5

5-24

a2'A%

7-

5

5-24

6.36%
6%

2

1

$1.37'A

Iquar.)_

(quar.)

&

Car

9

5-

6-

6c

(special)

Co., common (quar.,)
preferred (quar.)
Roller

5-

5-13

15c

iquar.i__^

$1.12%

conv.

Die

Bend

5-19

6-15

Paper—

(quar.)

Inc.

6-

preferred

(monthly)
United Molasses Co., Ltd.—
».
Ordinary registered (final)

___________

,

a
~

Cordage,

7%

pfd.

(s-a)

$3.50

Chicago & St. Louis RR.—
prefeired

A

State

Electric

__:

•

Stocks,

Building
Chemical

5-20
6-13

Corporate

5-17,

Diversified

6-15

5-25

Diversified

9-15

8-25

Diversified

12-15

11-25

Electrical

(quar.)__—:

9

5-20

5-

9

5-15

5-

5

7-

6-10

$1.12y2

7-

1
1

6-10

series

series

series

______

'

Printing

&

S.

Rubber

U.

S.

Spring

5-

5

Utica

5-25

5-

5

Van

Norman
Raalte

5-25

5-

5

Van

5-25

5-

5

Vick

gc

5-25
5-25

5-

Co.,

i_;

5-

5

7c

Fund

Industry

series

__.

5-16

1

7-

1

6-15

6-10

5-16

1

5-16

Z:. '"

^

5 6'Ac
lc

(irreg.)

'

6-

5-10

4-30

8

5-28

6-

Co

25c

_____

50c

(quar.)

6-20

____________

5.25

5-

5

5-25

5-

5

6-10

6-

1

5-17

6-

,

Co.

4-30

6-

Knitting Co

6

5-16
*

Virginia
$5

Eleclric & Power,

preferred

common

5-25

5-

5

Walgreen Company, common
4 %
preferred (quar.)

15c

5-25

5-

5

Walker

8c

5-25

5-

5

$3

Mfg.

(Wis.),

preferred

iquar.)_

(quar.)

15c

Fund

-

& Bumper Co.—

Co

5-16

75c

common.

(quar.)

Co

Chemical

1

5-16

3c

5-17

6-

22'Ac

5

sc

^

5-27

62'Ac

Lithograph

preferred

5-25

" 9c

—

$5

U.

4C

Industry shares,

Equipment

S.

5%

8c

Stock

(Seattle)

Delaware, series E

10c

___;

series

Preferred

Co.

U. S. Casualty Company, 45c conv. pfd. (s-a) >
U.
S.
Electric Light & Power Shares, Inc.

ioc

series

Investment

Insurance

4'/2 %
preferred (quar.)
Utah-Wyoming Consolidated Oil Co.

Inc.—

Industry

Bond

3

5-

9334c

Industry series_
Industry series___.

1

~6-

U.

Supply

6-

1

5-20

85c

___,

(quar.)

Industry

6-30

7-

75c:*

shares____

Pacific

Quarterly

,

75c

Industry

Stock

$1.50

Extra
United

Gas—

(initial)

preferred
preferred

York

&

1

;

(accum)___

Shipbuilding Co., Founders

Bank
i

2

5-17

Ltd

Telephone

5-4

Aviation

5-20

2

6-

1

(quar.)

5-11

Ltd., 5% pref. (quar.)_
Co., 4'A %
pfd. (quar.)

6-11

60c

6-

Y.

6-

6-11
6-

Shovel

Timken

distributions.-

series

5-14;

1

25c

1st1 preferred

7%

7%

6-15

5-18

6-

15c

(quar.i_

(quar.)

Products

States

Drug,

4-30

8c

6-15

$1

Tennessee, Alabama & Georgia Ry.__++_

4-30

4c

7-11

6d

Co

Bag

preferred

Superior

4-30

Gc

shares

6

1

8-

37'Ac

common

preferred

Chemical

Sterling

4-30

5-15

5-

5-14

$1.31'A

(quar.)__

Standard-Coosa-Thatcher Co.

4-30

5-15

5-14

Springer Sturgeon Gold Mines, Ltd
Squibb & Sons, common (quar.)
$4 preferred (quar.)

5-27

]2c

1

50c

preferred

Steel

•

.

6-

25c

5%

Pen Co.

Sperti Foods. Inc., 5%

6-15

ioc

2

25c

Spear & Company, 5% 1st preferred
5%
Snd preferred <quar.)_.

6-15

50c

9-

Castings

Southwestern

6-15

$37'Ac

1

Co., Ltd.—
registered (annual)

Steel

Southern

6-15

7-

1

10-

(quar.)

Candy

&

(T; L.),

Solventol

5-10

1

Co.

Son, Ltd.,

Saw

Ordinary

5-10

$1.06

&

A.)

&

Mfg.

Smith

5-23

(quar.)

6-

933Ac

$1.25

convertible
(H.)

Sivyer

4-30

30c

Co.,

redeemable preferred

Singer

5-14

(s-a)

1

1

20c

Simonds

5-14

1

5-16

7-

$1.25

(Laura)

Sheaffer

5%

5-25

66-

$2.25

Inc.___

Line RR.

5-25

$4.50

5-25

1

6-

20c
$1.25

Inc

Air

5-14

6-

93 "Ac

__^

preferred

4'/2%

5-20

com.__

1

6-13

• '

com.

new

15c

Bedford

5-25

6-

1

6-

50c

preferred

5-24

6-

Co., Ltd.,

-'5-11

Automobile

$1
$2.50
125c
125c
125c

3

Oil

Seaboard

Simon

5-13

6-

6-20 '

1

37'Ac

preferred

$1.50

5-25

Agricultural

37'/2C

1

V

6-

.

Inc.,

15c

7-11

4-29

5-27

6-

7-

quar.)

5-2

5-12

5-14

5-13

1

5-28

Simon

5-27

6

(initial

5-16

7-11

$1

6-16

5-16
5-16

Works—

$1.06'A

1

1

6-16

1
1

60c

Signode Steel Strapping Co., common
5%
preferred (quar.)
(Franklin) & Co.—

1

6-10
5-24

6-13

Extra

Roxy-Theatre,

5%

6-30
6-10

6-

Extra

5-20
6-

Metal

common

Royalite

5-20

RR.—

Inc.—

5-10

$3.75

5-20

6-

6-27
6-11

Brass,

1

1

(quar.)_

pfd.

(quar.)

Inc.,

Participating shares
N.

6-10

5-31

5-24

&

6-

8-

12'Ac

Art

New

5-20

50c

(William),

8-

6-15

Ronson

1

53 'Ac

Erie

preferred'

United

Common

Co., Ltd., 4%' pfd. (quar.)—
5% preferred (s-a)

Company, 6%

6-10

1

.

25c
25c

(quar.)—

Co.; (quar.)—

Bennett

1

Copper

5-31

Y.

9

6-

Company
(quar.)
Corporation (irreg.)

5-31

$1.25
$1.25

(quar.)—
Equipment

General Tire & Rubber Co.

76-

N.

5-

15c

(quar.)

(quar.)

5-31

933Ac

common

(quar.)——

preferred

125c

6-30

5-16

$1

Co., common__,w._.._.
preferred
(quar.)_—
preferred (quar.)—

6-15

Y.

5-16

Purina

6-15

New
N.

7-25

6-10

25c

(increased

1

50c

(quar.).-.
Roan Antelope Copper Mines, Ltd. (interim)
Rochester Gas & Eiectric, 4% pfd. F (quar.)

Sears

6-

25c

tquar.)

.V

Corp.

»

87'Ac

(quar.)

6-15

6%

150c
1 $1.19

5-20

35c

'

(Herman)

1

5-14

:

Lake

&

Bakeries Corp;

5'A%

5-20

1

Bessemer

4c

Neiman-Marcus

6-

6-

56c

$1.50

preferred

conv.

2c

Nelson

6-15

I-

25c

3C

3-24

4

20c

prefeired (s-a)__

Secord

____

3-24

Co.)

—

.$5

,

1

6-10

80c

(quar.)

shares

1

5-

T__

common

Street

1

6-17

5-11

3

25c

Inc.,

Tank

shares

6-28

20c

75c

(quar.)_

Union

6-

.v,

.

Fraser

General

5-18

Extra

Ltd.—
deposit receipts (interim)
Franklin Simon & Co. (see Simon (Franklin)
American

Companies, Ltd., common
43A%
preferred (quar.)
Freiman
(A. J.), Ltd. (extra)—
Gary (Theodore) & Company—
$1.60 1st preferred
(accum.)
,—__—
General Manifold & Printing (quar.)___.l—

5-31

6-

Co.

Building shares

Ford Motor of Canada,

&

5-18

shares

6-

25c

Brewing

Union

Neilson

20c

-

(quar.)^

5-31

Oil

'

5-

_____

preferred-

Chemical
-

6-

Corp._„_

7%

5-31

5-16

4

5-15

(quar.)

5-31

5-16

6-15

1

Corp.—

6-15

1

5-27

7-

6-24

(quar.)_

(quar.)__

6-15

1

5-

6-15

50c

Co.

6-15

6-15

$4 preferred (quar.)
——
——
$1
Forbes & Wallace, class B voting.——25c

5-31

(irreg.)

Stock

5-25

City)—

Paper Co.__

ic

6-

1

6-11

series

Aviation

$1

83Ac

(Kansas

7C

6-

3

5-20

9

6-.ri

?5c

are

1

75c

_______

(quar.)_

com.

(quar.)

Co.

4

5-14

6-

$1

5c

Flintkote

6-

2

2

series

Institutional

50c

(quar.)

Line,

Twin City Rapid Transit,
Tyer Rubber Co., common
v $4.25
preferred
(quar.)

Income

,

77-

series

15

June

5-

40c

_^_

1

2

5-20

:__

amounts shown below

the

5-17;

6-15,

6-16

6-10

shares

Institutional

6-15

6-

6-

Revere

6-30

(quar.)

Equipment

'

5-12

$1

25c

Regina

25c

8c

5-16

(quar.)

5-17

9c

Stock

6-

common

5-14

5-31

120c

Co.

1

-

$1.25

Ray-O-Vac

62'/2C

Funds—

1

Company,

6-15

series

Railroad

5-16

6-15

15c

6-15

Selected Group series
Railroad shares

1

8

50c

——

preferred

6-15

1

series

i-reierrcd

6-20

8-

Trust

Balanced

6-30

7-

Transit

1

$2

5-16

1

7-

50c

(quar.)

Standard

National

4-30

7-30

common

1

7-

$1.18%

common

7-

.J

(quar.)__

,

Ltd.,

preference

National

6-

Corp.,

6-

10c
12'/2c

3

7-

Carpet Co.,

933Ac

(quar.)___

Grocers,

(s-a) __$1

York

5-16

Co

Co.

5-14

Company

5%

Consolidated,

1

5-

33A%

50c

Cylinder Gas Co.; com.
preferred

$1.50

6-

J25c

Supply

6-

5-

5-16

(quar.)

& Company,

3

5-10

5-16

33A%

$1.12'/2

pfd.

5

6-

$1.25

(quar.)

Inc.

Works,

Mfg.

Ralston

J25c

Co.,

5-

5-20

5-9

Purity

1

(quar.)„

5'/2%

Inc.—

Co.

Corp.

pref.

Water

4'A%

6-1

Ltd

Society.

(quar.)_!___

1

6-15

10c

5-16

1

$1.25

Tool

I

25c

Transportation

Pittsburgh,

5-28

6-

iy4c

Machine.

6-

$1.12'/2

(quar.)

Extra

5-21

6-10

75c

(quar.)

Brewery,

Monroe

6-15

37'Ac
(quar.)

(quar.)

preferred

5-20

CorpT," Ud77Del"iIZ"3II™iriZZZ

1

t62'/2c

common

6-10

Quarterly

5-14

(initial)

common

6-

55 '/2c

(quar.)___

Pictures

Pitney-Bowes;

50c

Pipe Line,

5-12

Phelps Dodge Corp
Philadelphia Suburban Transportation—

6

7-

15c

Utilities,

(reduced)——-—
35c
5% preferred (quar.)—
——$1.25
Fishman (M. H.) Co., Inc. (quar.) —J'—
,25c

_______

First

Firth

5-

7-15
5-31

Mississippi Glass

Extra

115c

_

Co.

3

Petrolite

50c

Development

6-

25c

6%

A

5-12

50c

Pipe

preferred

Peoria

Regulator—

Morgan

75c
10c

—

5-16

85C

preferred

1

(quar.)

Drugs,

Pepperell

7

50c

Ltd

Moore-Handley Hardware
5% preferred (quar.)

125c

_______

(quar.)
convertible

3.20%

1

40c
$i

—

20c

Common

7-

125c

Corp., common (quar,)—_
preferred (quar.)——
Mills, Ltd., 5% pfd. (quar.)——
5% preferred
<quar.)_
Equity Corporation, $3 convertible preferred20c preferred
(s-a)
Pajardo Sugar
Co.———
1
Palconbridge Nickel Mines, Ltd

5-

$1.06'A

(quar.)

(quar.)
Co._^

Minneapolis-Honeywell

6-

5-17

Engineering

6-15

5-31

Airlines

6-15

1

6-15

50c
150c

4%

preferred

5-12

37'Ac

Parchment

$2.25

Consolidated Gas—

Mid-Continental

6-21"
5-

1

Company__

Eastern

partic.

Pfeiffer

7-15

B

4%%

5-16

1

Telephone

>

5-20

class A

1

7-15

75c

Esmond

Co.,

6-24

1

6-10

Pennsylvania

5-12

common

7-

30c

——

&

5-13

7-156-

6-10

Pennsylvania

5-9

(quar.)

<quar.)„_j

7-15

$1.02'/2
$1.06'A

—

Stern

6-15

15c

preferred

Economic

Parmelee

50c

Co.,
preferred

1

50c

—

35c

933Ac

Oil Co.,

5-10

15c

Investors,

preferred*

Parkview

5-25

f50c

series)

1

$1.13'A

preferred

Insurance

Paramount

5-18

1

Co., common
preferred (quar.)

Paper

Class

Co.—

(quar.)_
(quar.)_

4%

6-21

1

t25c

common

7,

125c

(quar.)

1

6-

5-25

Co

(quar.)

7-

7-15

$1.25
§1.50
$1-25
115c

(quar.)—______

class

7-

6-15

6-1

(quar.)

Frontenac

Missouri-Kansas

7-15

40c
$1

r-r—

Palestine

4

6-

Manufacturing

Michigan

5-14

Johnson

Extra

5-20

1,

1

Employers Reinsurance (quar.)
Enamel & Heating Products, Ltd
Endicott

3

6-

6-

pfd. (quar.)—
pfd. A (quar.)

6-

5

6-

7-1

Co

Machinery

Fanhandle

5-14

$1".

(quar.)

convertible

Michaels

6-11

6-

5-15

25c

Lumber

Package

5-13

6-15

5-

6-

(quar.)

Pacific

2

6+15

(quar.)

Co.

preferred

4'/2%

5-16

,

5-

5-24

62'/2c

$2.50

1

1

Ltd

(Initial

common

4.10%

6-

6-27

81'Ac

(s-a)

Associates

El

11-10

6-15

1

1st

Durham Hosiery Mills, 6%

Eddy Paper Co.,

11-15

6-

——

(quar.)—

preferred

Co.,

8-10

6-

(increasedi

preferred A (quar.)
$3.25 2nd preferred
(quar.)
Du Mont
(Alan B)
Laboratories—

Eastern

$0.1451

McCord

5-10

8-15

$3 5c

$4

convertible

1

162 'Ac

———

Dow Chemical Co., common

5%

5-13
6-

50c
50c

Ltd

Industries,

5-16

5-16

25c'
75c
15c

5-16

pref.
Fire

5-16

37'/2c

Mersey

125c

(accum.)
Brothers, Ltd

Eastern

6-

$1.50

$5

Pacific

5-14

5-31

37'/2c

5-13

Ltd.—

Investments,

preferred

Duquesne

6-14

<quar.)_

5-16

50c

—

4

American

3

5-25

5

5-25

Pfaudler

1

1

(quar.)

6-

5-

5-10

Corp._i

Paper,

Paterson

1

5-31

3

—

Inc.

.

4-30

6-30

30c

6-

lc

(quar.)

& Sons,

Dr.

5-15

$i8c

5-13

6-

(quar.)

5-16

10c

(interim)

6-13

6-

——

Realty

&

5-16

3

20c

common

1

6-15

(quar.)

Detroit Mortgage

3

6-

46c

(quar.)

1

10c

(quar.)—

(quar.)

5%

pfd.

5%

1

4-29

6-

Tube

Coal

Oxford

1

6-

5-16

5

5-25

20c

(reauced)___

Co., 4'/2%

Seamless
Ben

Pacific

5-17

6-

6-15

15c

6-

$1.75

1

6-20

$1

5

5-

;

:

shares

Power

Ohio

5-23r

25c

7-

25c

(quar.)

(quar.)

6-

,

75c

Corporation, common (quar.)
preferred
(quar.)
Merchants
Distilling Corp.__i

_—

pfd.

7%

;

Co.

6-20

25c
1

preferred

Conveyer

McAleer

3

McColl
1

—

Inc.,

Sons,

Harvester

Ohio

'•

common

.

Forster Securities,

T

5-12

7-

Corp.—

- •

125c

(quar.).

Ltd

Corporation

Mathews

5-12

1

25c
40c
$1

A (quar.)
Zellerbacli Corp.,

(Henry)

1

5-

Cork International

New

66-

5-14

Day Mines, Inc

East

t40c

7c

May Department Stores,

(quar.) ______
Co._——

convertible

5%

6-9

Old

Ltd.—
$1.25 convertible preferred (s-c.)

7

Steel Industries—

class

Cushman's

:

7- 2

1$l.l2'/2

5-

5-25

(quar.)___

Co.

Co

5-25

O'Okiep Copper Co., Ltd.—

Ltd.—

35c

Paper

convertible

preferred

!

6-9

Candy

5

6c

35c

Co-

common

(quar.)_^

Pharmacal

Nutrine

5-

93%c

Insurance

preferred (quar.)

Norwich

Massey-Harris,

6-

$15c

&

$3.75

Dover

■

Canada,

shares

M.),

Power

Range
—.
20c
CoiTUgated Paper Box Co., Ltd., common.— ,
137'Ac
,
5% preferred
<quar.)„_—$$1.25
Crown Capital Corp., class A
—
5c

Copper

5%

7-2

„

American

______

Co.,

Inc.

preferred

Donohue

1

(quar.)

(Walter

Maltine

5-

$1.25'
$10

iinitial)

5-20

6-

25c

(liquidating)

5-20

6-25

140c

(quar.)

;

6-

$3.75

Disston

9-

Ltd.—

Candy Shops
(R. G.), $4 preferred
Inc.
(year-end)

5-20

Diamond

1

9-10

5'A%

5-17
6-

(Laural

5-10

Detroit

6-30
6-10

preferred

5-25

5

$ 1.12 Va

Life

Service,

4'/2%

5

$1

(quar.)__

„

5-17

6-13

$4.20

Public

5-17

5-31

Crum &

National

Northwestern

5

30c

31'Ac

preferred

$4

Northwestern

5-

17c

(quar.)__+

H.),

$3.40

Crown

6-15

1

7'Ac

6-

/

Ltd.

Mills,

Continental Copper &

$1

5*13

7-

5-14

v 40c

6-

_______

common

preferred (quar.)
Consolidated Liquidating Corp.

Crown

6-13

25c

5-

15c

(quar.)_

prior pfd.

$4

1$1
t$1.25

(quar.)

35c
-J. 35c

5%

5%

Northland Greyhound Lines—
33A %
preferred
(quar.)

Company (quar.)
Lansing Company (quar.)___.
Laura Secord Candy Shops

6-

1—

tquar.)
Broadcasting System, Inc., clars A

Consolidated Grocers

5-31

(M.

50c
62'Ac
37'Ac

Milling & Elevator Co.

Consolidated Amusement, Ltd.

6-15
6-

14c
25c
50c

:

Corp

preferred (quar.)
5%
preferred (quar.)___

Columbia

5- 9

Refractories

Water,

5

5-25

1$1

6-1

American

5-

125c

f

(quar.)

$1.06'A

Co._^

Ltd.

Mines, Ltd.

North

Lane-Wells

6-15

Noranda

5-

5-25

14c

.

^___________________j.

Northeastern

A.—

prefeired

1

1

9

5

5-25

10c

series

Industry series
Newfoundland Light & Power Co., Ltd.—
Initial

5-

9c

:

Equipment Industry
Industry series
:

4-29

(irreg.)

S.

Sessions

7-

common.—

5-

37y2c

Mines,

&

5-16

series

5-20

(quar.)

preferred

Shore

5-14 '

1

5-25

5

4c

series__,-_—

5- 6

(quar.)___-

1

6-14

6-

,

Industry

6-10

Company

6-

6-15

7-19

Utility

Tobacco

.

5

13c

Fund___

Investment

$2

(quar.)

preferred

American

7-29

„

16c

Corp.

Gas

Gas

6-

>

6-14

75c

Keystone Custodian Funds, series S-2
Kingsport Press, Inc. (quar.)
Knudsen Creamery Co. (Calif.), com. (quar.)

1

1

6-24

25c

;_

6-

5-17

Steel

5-27

25c

5-

10c.

55c

of

Products

Natural

County Land Co.

6-

t

5-17

.25c

"

5

5-25

5

18c

...

Railroad

__i.

(quar.)

Extra

5-10
••

Railroad

5-

13c

,

5-

5-25

10c

series

Coast

6-18'

.

Co.

Pacific

Public

30c

,

Industries,

Nickel

International
Interstate

7-

_________ ______

Corp.,

4%

Class

5
5

7-

common...

(s-a)

Aikman

&

Colorado

55-

5-20,

.

series

5-

5-25

7c

series______,_p_,

:

5-25

4c

;

series

Industry

6-10*

Quarterly -_—-i__
International Petroleum, Ltd. (s-a)

$1

A

Cochenour Gold Mines,

Colonial

;

_

International

A

Collins

6-20

preferred

$7.50
(s-a) —j————$3

Company,

class

Coca-Cola
*

4'/2%

$1.50

Coca-Cola

$3

6-30

Oil

1

(quar.)

5-14

Metals

5-20

112'/2C

Metal

A

International

5-20

1

1

_____

5-16

5-25

$3.50
20c
$1.50
$3
75c
25c
S1.25
50c
$1.25

.—

Chicago, Burlington & Quincy RR

5%

'5-14

7-

$1.04

—

Charleston

1

6-

i, •'

Chapman Valve Manufacturing Co.—
7% preferred (s-a)_
Charls

1

1

1

Corp.—

Class

2

6-

Merchandising

J40c

Silica

Jacksonville

——

preferred

4.15%
Chain

5.7-

7-15

Service—

Public

Vermont

5-

6-

6-

Holder•

Payable of Ree.

,

10c

series

series

Industry

5-14

•

7-

preferred
(accum.)
preferred (accum.)

International

1

7-

Co

Power

6-

series

Bonds

Stock

Machinery

30c-

Increased interim

Industrial

1__—120c
Ltd. (quar.) ___t._u.___ ..
130c

(quar.):
Tire Corp.,

&

1

Insurance

$1.50

4'A% preferred (quar.)____
Mining & Smelting, I.td._^
Huron & Erie Mortgage Cnrp.__^
Huston (Torn*
Peanut Co.
(quar;)
Imperial Tobacco Co. of Canada, Ltd.—

5-31

Canadian'Ice Machine

(quar.)

Light

6-

Industry

Government

«

5-14

Manufacturing Co. (quar.)
Battery Co.,-class A (accum.)

Barbizon

6-11

Food

When

Share

47

Stocks, Inc.—Concluded

5-25

(quar.)_____________

Bay

Hotel

6

$1

z__

Stores,

2

5-

.

■

common..—

'

4'A%

Houston

t30c
tl8%c
125c
__.l_.i-L._J.— +$1.12'A

+

(quar.

common

(quar.
Products,
(quar.)

Food

class

5-28

7-

Ltd

preferred

Canadian

4-25

6-15
6-

..

Ltd.-rT'

—

Canadian-Cottons,

1

Hobos

137V2C
—120c

(quar.)
& Forgings,

u

Co.

5-

York

New

4-25

15c

Henkell-Clauss, $5 preferred (quar.)
Hibbard, Spencer, Bar tie vt & Co. (monthly)
Monthly
i
Monthly _i
;
Hobart

5-1

(quar.)

5-10

,

Glass

5- 2
5-16

50c
25c

(quar.)

Ltd.

Co.,

Per

Name of Company

4-25

40c

(quar;)

Pineapple

4-25

$1
4334c

Foundries
A

5-10

5-20

..

•

(quar.)___—.

preferred

Class

.5-20

60c

(quar.)

common

Holdert

2

90c

$1.06'A

preferred

Bakeries

5-

,~v

1

(quar.)

Co.,

convertible

$2

Hazel-Atlas

!

37.'Ac
31)4c
37'Ac

-

$1.25

Canada

v

.

______^=.i

i

Common

25c

.

Storage & Distributing Co.-r-,

(quar.).

prior* preferred (quar.)_—
$1.50 partic. preferred (quar.)———
California Pacific Title Ihsurance Co^—li'
.

»

.

5-31

Hart'-Carter

When

(2031)

Payable of Rec.

15c
_

preferred

5-10

3

CHRONICLE

Share

•

'__

6-

—

....

-

,

(quar.)

& Knight Co.—
$1.85 prior preferred (s-a)__.
Hannd
(M.' A.)" Company, - commoni..:

5-25

Company

Forge

Burkart

Co.

Graton

5-16

45c

of Company

Graniteville

(F.) Manufacturing Co.——50c
Burton-Dixie Corp. (quar.)...—30c

Buffalo

1

FINANCIAL

Per
Name

4-30

5-16

1

_«——2c

Machine..

&

6-

5-14

,

&

Holdtre

Payable of Rec.

30c
Buck Hill Palls Co. .(quar.)____;___——
15c
Buda Company
20c
Budd Company (The) common^-P-—15c
.$5 preferred
(quar.)
_
$1.25
Co.

•

COMMERCIAL

.common

(quar

....

30c

6-20

5-31

$1.25

.

6-20

5-31

40c

6-11

5-'6

$1

(quar.)__.

6-15

5-16

_

50c

5-

2

4-20

_____

75c

5-

2

4-20

(quar.)

THE

(2032)

4a

,

.

Per

.

Name of

Company

When

Share

West Jersey & Seashore RR. Co
6ft special guaranteed (s-a)_

-

COMMERCIAL

&

FINANCIAL

Holder»

*"•

"•

Payable of Reo.

Name of
Bibb

—

Company

Manufacturing

Per

When

Share

,

(quar.)_

Co.

CHRONICLE

Per

Payable of Rec.

50c

7-

1

7-

1

Name of Company

6-20

50c

4,

Western

$1.50

——

Auto

Weston

Electrical

Instrument

Corp.

Wnitaker

Paper Co._!
White's Auto Stores, Inc
Will

&

Candle

Baumer

Williams (J. B.)

*-$1'px*eferred
Wilsil, Ltd.

15c
50c
50c
12 7ac
10c

(quar.)_
—

______

Co..,

_

.T____—_

Company, common

15c
25c
$25c

(quar.)_

(quar.)

Wilson Brothers,

$70c

_

5-14

5-16

Bickle-Seagrave,

5- 5
5-24
6-14
5-15
5-10

Bigelow-Sanford

v

t$2.50
$40c

Extra

67«

<

preferred

Black Hills

$4.20

6-20

A.

B.

A.

T.

Vending

C.

P., Inc.

Share

Boston Woven Hose

& Rubber,

Roller

Co.,

pref. (quar.)——_____
Bearing Co.J__——:

Class

Ltd.,
I.

B

class A

:.

Brewers

&

Extra

_1

.:

Distillers

—1

6-15

of

$$1

Tobacco Co., Ltd.— "
(final)
Ordinary registered (final)——
Brooklyn Union Gas Co.——___—__—~J_-

5-14

Steel

Acme

Co.

Co.*

Acme Wire
Adams

—

$1

6-13

5-23

100 ft

(quar.)

6-15

5-23

___

dividend

Stock

50c

Aircraft Radio

Corp.

Akron

&

5%
Allied

Canton

8c

4%

Automobile

Amer.

Increased

<

Co.

576

6-20

Y6-

6- 4

5-

$250

6-

9

877aC

6-

1

$1.25

(quar.)_

Louis)—

:

6-

1

5-20;

5C

5-20

5-

5-16

4-21*

75C
40c

6-

6-15

5c

5-14

5-

10c

Potash

6-

5-31*

6-

1

5-14

4-

6-15

6-

377ac

American

Pulley

Co.„_
Radiator
&

American
*

Corp.,
7ft

American

_

6-15

66-

6-20

30C

5-16

6-24

(N. Y.)

30C

tquar.)_

American

Safety Razor Corp, (quar.)
American Seating Co.
(quar.)—

12 7a c

—._

25C

Participating
American Smelting & Refining Co.,
American Steel Foundries (quar.)
Water

Amoskeag

,

Anchor

6ft

6%

Products

Post

preferred

com

i

preferred

(s-a)

preferred

6ft

6%

(quar.)

Argus

Farms

_;

6ft
7%

pfd.

4-22

6-23
6-23

6-

5-10

7-

1

6-15

1

9-15

6-15

5-18

1

5-

9

$1

6-15

6-

1

6-15

6-

1

25c

5-16

5-

2

40c

6-

5-13

T

6-

6-

$1.75

(quar.)

1

1

5-13

6-

1

6-

1

5-11

6-13

$1.50

5-18

5-13

$2
$1

6-13

5-18

5-10

56740

6-30

___

Co.—

'

America

4-25

.

-

-l-

$25c

Canadian

Industrial

5-9
5-

5-

7-

$3.75

Cook

67 2

7ft

Canadian

:

5-4

.

6-30.
4-30

6%

Grows

I
1

5-13

55-

1%

2

5-23

-

2

8-

Cuban

2

6-

10- 6

Seal

&

Seal
Seal

472%

class

6

5-

6

5-

7-30

.

$$1.50

5-18

(quar.)*.*._

Lumber,

5-14

4-20:

Ltd.

$$1.25

7 ft

preferred

Case

Corporation

:

(A.

Catelli

5ft

(increased

preferred

5-15

'

8-15

>

12-

1

6-

1

(quar.)

1

Diamond

t5c

(quar.)

6-

1

25c

6-

1

15C

_

(irreg.)
Corp.—

5-27

6-16

1

5-10
5-16
•

5-

9

6%

7- 1

8%c

10-

•%c

1

6-14
9-

3

1-2-50

12-13

25c

6-10

5-25

20c

6-

1

5-14

6-

1

5-

$127aC

6-

1

5- 4

5-15

5-10

(quar.)—__

$1.50
25c

6-

1

7-

2

6-10

35c

7-

2

6-18

$1.18%.

6-

1

5-16

$$1.50

7-

2

5-31

$$1.75

>

7-

2

5-31

(quar.)

Co., common

Benson & Hedges, $2 conv.

30c

5-14

127aC

(quar.)

4%ft preferred (quar.)
Beneficial Corp., $6 preferred

•

4

25c

___

(quar.)

6-

(quar.)„__

Berkhsire pipe Spinning Associates

5-16

5-

2

5-10

5-

6-

1

6-

1

6-

1

6-

1

6-

1

5-

Class A (quar.)

&

Central

Vermont

South

West

■'

(quar.)—_____

Co.'

(quar.)_

preferred

Chesapeake
Chestervllle

Chickasha

5-14

common

Company

Cincinnati 'Gas

Cincinnati

1

20c

5-31

4-29

5-16

4-25

J5c

6-15

6-

25c

5-10

50c

6-

1
1

6-13

/
-

T

Virginia

A

Co.—

.

Co.

5-18

1

6-20

7-

1

6-20

50c

5-16

4-25

60C

6-

1

5-

9

$1.75

7-

1

6-

3

5-13

35c

(quar.) _!

5-16

B-

82:

:

35c

.

:,

$1

3

1

5-10

1

5-1S

,;,9r |
<6- 1

/ 8-15

,

(increased

6-23

&

Dow

6-10
1

7-

1

6-10
5-16

6-1

5-16

5-16

7-30

6-30

5-31

5-17

6-

$$1.25

5-

1

Chemical Co.,

6-15

$25c

m+m-

Co.,

8-

Aircraft

4ft

(quar.)

Company,

preferred

2

7-

2

6-

1

-

5-10
1

5-

6-

1

5-20

7-

15c

'

4-15

6-

$1.25

Co., common (quar.).
preferred (quar.) _________

Drackett

5-18,
1

1

7-

<

$25c

Ltd.—

•4-29

Ltd.

(quar.)—

Paper

2

'5-14-

5-20

$377ac

1

6-20

4

1

$1.75
-L

common

»

10c

5-15

5-

25c

5-15

5-5

35c

5-16

5-' 6

50c

7-

6-20.

30c

6-10

$1.12 7a

7-.. 1

6-16

5-15 '

4-30

■' (quar.)____

Dravo

Corporation, common
4 ft
preferred (quar.):
Dun'& Bradstreet, Inc., common.
472% preferred (quar.)________
<

Dupiiis Fteres, Ltd., 4.80 %

-

1

5-

5-20

$30c

5-15

.

5^16-

4t22

7r i'-:-'

8-18

6-

:

;

6%

6ft

quar.)——-

.<

y

Economic

Common

6-

8-16
5-25

6-?3
4-30

$-$4

4-30

Erie

6- 1

$- f.

$- a
i-1

5-14

4-20

6-14

6<-

5-14

45c
(special).

,

,$l
250

1

5-23

$

5-9

5-; 9

-

'

2

5-20.,
5-6'

5-13.
'

w
-.7/15/
;7rl5/

•

top
Oc

7-

.

6-

1*.

5-12?

6-28

6-2$.

1?

6-15"

6-

1

5,-20,

•

prior

Railroad

preferred

preferred A

$5

preferred

A

-

5-

2V

5-15.

5-

..H5

20c
37y2e
;

A

(quar.)______^__

^

-

(quar.)___
(quar.).:.

»Increase<d

6-15

2,

5-

2

.25?;

preferred A (quar.
Fairbanks-Morse & C9. (quar.)—
Falstaff Brewing Corp., 4Vkft
pfd.
Common

5-13'
'

25c

*

Co;

r.'

>

j

$1.25

•

'

.6,

$125

9.
12-

1.

Farmers k Traders I4fe Insurance Co. (Syra¬
cuse, N. Y.), common (quar.)
Common (quar.)
!___

:

§0C

$2.50
$2,50

1,

5-30

■h
19-

.

I

6- 1
5Qc
$0,1856.74 .' '•"7- 1

quar.)_^_

5- 2

M5.

$1.25
fquar.)

'/ '

$1.25 '■

__

$5

6-30

5-

5-20

J '70c'

<quar.l/_/___J

5-14. :
6-15

6-8

15C

B (quar.)
preferred tqupr.)

$1.50

5-)*

68c

J

30c

___

preferred

5-5

.

5-18

iOe

Class

$2Qc

$7ft«

6-25

$5c

Ferfies

4-22.

5-16'

1

20£

com.

-'21?'
.

18-J*
.

1

25c

Empire^A Bay-State -Telegraphs €0.—
4ft ^gukranteed (quar.)
Empire District Electric;.. 5ft pfd. (quar.)
Employees Credit; class A- (quar.)

.

I

5-25

'

Emersdifri>rug.' 8ft

.7.-' 1
6-10

1

8-

1

7-15

5-23 ;

21e

Rubber? (quar.) -L'__-_^._.
Elgin National' WAtCh Co
Ely & Walker Dry Groods Co., 'com. (quar.)
7ft 1st preferred (s-a) _i_
ill
6ft 2nd preferred (s-a)

9-

12-1.

.5-25

t$J.50v

.___

5-10.

5pc

J

of America_L____L;__

Hose-A

$5

Corp.,

Corp.

If-

5QC

(monthly)____

$-16.

.

$1.50

-

*

Co.__r_

36c

(quar.)—:

common

Ltd.: (extra)

.6- 1,

8-1

$1.25

_

>

12-15

$1.50

____

Trust,

6-15

9-15 /

$1.50

(monthly)

Elastic Stop Nut
Electric Boat

80c

(quar.)—

Co.;.

Investment

Edgewater Steel Co.;

Ltd.—
"

Sugqr Associates, $5 pfd. (accum.)

Manufacturing

5-10

15c

•

Eaton

6- 1

20c

_„

Co.—

$1.50

6-1

1

5-20

$1.50

Electric

6-.L

4-30

6-10

Ry.—

preferred A' (quar.)_
preferred A (quar.)_
preferred B (accum.)___^-c__zr_
preferred B (accum.)_i________^_____

6ft

Electric

1

Massachusetts

5-14

6%/preferred A (quar.)___

6-15

6-30

,12*31..

-

$1

•

6ft

12-15

6-

•<:

(quar.)

Iron

•

pfd.

45c
Eastern

$$0c

preferred

9

25c

Drug

7ft

6-17

4ft

,

rj

Colorado Central Power
Fuel

Douglas

5rJ5

4^

50c

Colgate-Palmolive-Peet Co., cpmrnon (quar.)

conv.

6-25
'

t$1.12Va

7- I
6-14

*;

11

,__

(quar. ^

5ft

preierred

$1

5-2

■.

(quar.)

Colorado

8-

5-14

..

20c

_________

(quar.)

Donnacona

5-10

•

'

.

(quar.)

preferred

Common

-7-20

:

Cockshutt Plow Co.—

$3.50

(quar.)

Dominion Tar. &

4-15

6-, 1

6"

:.

$0g

(quar.)

Common,

preferred

Eastern

:t

Hardware,

5-

6- 1

28c

preferred

5-13

6-1

5-10
r-.

$1.25
40e

((stock dividend)

Products

A

6

2-6-50

5-31

t30c

1

i

:

Class

1

62 7aC

8

.

(quar.)_,

special (quar.)
:
guaranteed (quar.)—;.—
Clinton Industries! (monthly)—

Cochrane-Dunlop

9-

-

8

$1.25

7ft

1

5

6-

5-27

20c
;.

Co

4ft

6-

7-

10-14

Cleveland &.Pittsburgh RRi—

35c

4-30

7-15

Clearing Machine Corp. (quar.)
25c
Cleveland Electric Illuminating Co;, • common".^'* -v, $0#w
$4.50 preferred (quar.) I—2——_„L
$1.127»

7-12

4-30

4-aa

75c

Electric

Chemical Co.

1

9-

r

5-

3-1-50

$30c

—

Clary Multiplier Corp.
Stpck dividend ;—

1

5-16

5-16

City Auto Stamping Co.—
I--.*,
City Investing Co.,:common (quar.)_:
V
15c
572ft
preferred (quar.)——„—_________l$$,.377a

8-

5-16

5-

25c

preferred (quar.)—„
5ft preferred ($uar.)—

Aluminum

5ft

'

5-16

250

5ft

Monthly

4-29

V

e-

■

Inter-Terminal RR.

Controller

7-

:

$177ac

1-

$5c

preferred (s-a)
Cincinnati Milling Machine Co., common——
4ft preferred (quar.)
*
Cincinnati, New Orleans & Texas Pacific

Clark

2

50C

(quar.)

&

4-25

10c

5-13

7-

'

Service..

•

6-

75c

6-10

85c

4%

50c

50c

_

5-

6-

40c

(quar.).

(quar.) ;
Common
(quar.)
Chile
Copper Co._;—

Club

50c

__

5-16

17c

pfd.
(quar.)

4-25'

5-20

15C

6-18

(quar.)_

5-27
■

6-15

<

25c
Class

5-16

6-30

Cotton Oil

Common

.

Co.

5-31

Ltd.

Mines,

5-16

$1

.

—

Common

Clorox

$5C

4ft preferred (quar.)__

of

I'

30c

common.

(quar.)

Corp.

6-

5-10'

1

75c

"

1

2-

$1.25

7-

-

37 7a c

______

-

Century Ribbon Mills, Inc. (quar.)—
Chambersburg Engineering (quar.)
Champion Paper & Fibre Co., common—:—
$4.50

5-

1

5-10'

6-20

35c

6

5-16

1*

5-

5-16

40c

»

.

I)

6

5-

i

3.40%

Corp.

Public

5-

1

$1.12 7a

Electric

York Power,

Central

5-14

'

$25c

.




Louisiana

Central New

1

6-

20c

5-

*

5-14

6-

(irreg.)

Illinois Public Service Co.,
(quar.)

Central

5-31

5-16
'

5-16

$1.75

5

17 %c

Co., com

•

$1
25c

5

5-31

-27ftc

Power

preferred

$1.20

(quar.)>.

Bessemer- Limestone & Cement Co.—
Common (irreg.)

Bteel Corp.,
preferred :(quar.)

Central

7-15

$3

6-10

4-30

5-31

•

75c

(quar.)
&

preferred

(quar.)
Central Foundry Co., common
57c
preferred (quar.)

1

,

A (Sons, Ltd.

Best k Company (quar.)

Arizona Light

$1.10

7-30

'

.

1

6-

$1.0674
(sra)___

pref.

Caterpillar Tractor Co.
Central

——

$377aC

1

.

35c

(Kansas)
Electric

Match

6-11*

$38c

___

8%c

6-10'

7-

'

participating pieferred (s-a)
participating • preferred
(s-a)__

6ft

6-11

1

5-10

1

75c

i-.

5-13

77-

$75c

——

9-15'

5-30

7-

.

.

■„

1

2'

COi of N. Y.

11-15

40c

s-a)

(s-a)

6-15

10-

$1.75

mpm

Common

1

'50c

,

—

'

preferred
&

1

50c

'

7ft

Co.

1

25c

& Company (quar.)
Products, Ltd.—

5-

7-

$1.12%
(accunrr)_i_

-

Oil

1

—

5-6

5-14

$1.12 7a

A

Gas

6-

M.)

Food

Class

Derby

9-

$1.75

(quar.)

5-16

-

.

preferred

Derby
5-12

9-16"

'6-16'

1

"

6-

:

I.) Co., common
preferred (quar.)

Castle

:

-

37 %C

:

(J.

7 7c

4-30

7'

6-17

1

$17%C

Dentists' Supply

37%C

(quar.)_

(quar.)

Carrier

5-16

v

$37c

pfd.

(quar.)

7-

87 72 C

<quar.)_

t

pfd.

4-15'

1.6-14'

9-30

25C
!'*'■

37 %c

(quar.)

Capwell, Sullivan & Furth 6%
6ft

6-15

.

,

7'

$1.25
-10c

'

4-12*

-5-

'

4-29

-

7-15

.

30c

j

Co.—

5-16

$10c

v

(s-a)

preferred

conv.

6-30

4-30

$20c

Canadian

preferred

$2

,

$1.75

B

Shares, Ltd.—

67c

6-2

25c

Class

6-15

(quar.)

$1.50

5-16

'

i'

6-20
-5-24*

5-20

4$2

(quar.)___—

preferred

1

-

.

preferred (quar.)—
Mfg. 'Co. >(Mo.)
Co.. $7

25c

$60c

,

,

$1.75

pfd.

V

7-1

■

••

;-6-

6-10

6-15

-

;

6-30

7-15

A

Capital Wire Cloth Mfg.

6-

$377aC

5:

$$1.75

Cos., Ltd. (quar.)
Canadian Utilities, Ltd., 5 7c pfd.

Capital Estates

4-30'

6-15

50c

(quar.):
.

'♦

\

$1.50

Co., Inc._
Co., Ltd. (quar.)__
Co., Ltd._______—

8ft

4-29-

,• 1

(quar.)

5

6-

$17%C

(quar.)

Oil

Western

5-11'
4-29-

5-16

;.,...

.

Common

Canadian

5-27

7 15c

6-

9<

9^

5-14

Co., Ltd.—

Ltd.,. common

6-

93%c

Coal

Pass

Curtis Publishing

5-13

v

6-9

$20c

(quar.____

Co., Inc., $2 pfd.

Corp; S(s-a)
Press,- Inc.', 372%

•

Curtis

1- C.

1

6-

6-24

5-16

<';

:

,,

______—_—

Curlee Clothing
'
4Vb7o preferred (quar.)

7- 6

2.

6-24
6r24

'-

75c

$1

(quaf.)

preferred (quar.)
preferred (quar-)
Atlantic Sugar, 57o

Cuneo

<

11-

2-2-50

5-13.

.5-16

25c

•

3% 7c preferred

& Forster,

7%

5-31:.

5-23

1

$12c

Ltd.—

preferred
Cuban American Sugar Co.,
*

4-30.

6-

7-1

.

Nest

Crum

6-

:

1

6-

.

50c

x.'

Knowles. -Loom Works—

Cork, &

Cork

Crown

5-20

6.-15

.

6-

(increased)

Cork &

Crown

,.5-26

..

6-20

6-15'
5-13'

50ft

,

(quar.)______

Mills,

preferred

Crown

4-30

6-10

.

Common

4-30

5-16
,;v

6-15'

I
1

$15c

(initial)__i_.

,

Company,

Crompton &

^O

5-16

common

Crane

4-30

5-14

1

76-

.

dividend

Cosmos Imperial

./New

5-10.

.

5-14
.

■7-

5.

75c

(quar.)

preferred

5-25*

$12c

8-15

6-1
,

Stock

V $3: prior

5-20)

25c,'

C010, Inc.; (quar.)L___;__:_____!—
Corporate Investors, Ltd.;- class A

5-14

...

5-25

Y$25c

(quar.)

Insurance

"

:

.

1

6-15

$1.13

...

(quar.)

common

.w-"

Alcohol

Industries,

preferred

(quar.)____

5-

6-

93%C

,

472%l -pfd.

Varnish,

Ltd.,-class A (quar.)_____
Coopei'rBessemer Corp.—.;
New common
(initial quar.)___*.

,

$50c
Canadian

(quar.

Co.;

5-20

$1
25c

(quar.)_____

Cooksville' Co.,

7- 7
10- 7

75c

common

common

prior preference

$3

s!

Co.;

Gin

Paint-&

America,

(quar.)

preferred

Continental

6

10-7

•;

$25c

Ltd., (quar.)

Co.,

of

Continental' Can

,5- 6

..

1

Corp.
preferred

4ft

,5-6

6

7-30

$25c

,

Fairbanks-Morse

Container

<

1

$-16

..$25C
<-.

Canadian

6-10
6-10^

'

_________________

9t

1
1

Ltd.—

Common

5-

7-

9-15

$20c
<

2i

5-20

50c

4-29

7-

Culver

.

5-16
5-

$1.13

.6-15

,

$50c

a;

1
1

5-31

$1.1272

6- I

(quar.)___ ( $1.12 7a

_i__

66-

(quar.)

Ltd.—-

Co.,

$50c

$37720.

(quar.)_

common

6-15)

(quar;)

.

Common

Chilton
_

—___,

Class B (quar.)

Common

,

47c

10-

40c

(quar.)—
Ltd. (quar.)__

Beiding IJeininway Co.

1

$1.25

common

Diesel Engine

preferred

6-30
6-30

4-29

Beaver Lpmber Co., elass A (quar.)
$1.48 preferred
(quar.)
£
Beck (A. 8.) (Shoe (Dorp., 4%% pfd_ (quar.)_
Beidtog Corticelli, Ltd., common

7#

1

$2.50

RR.,

Beacon Mfg. Co., 6% preferred
Beaunit Mills, Inc.—

Bethelehem

6-

1

1

_________

,

6-

6-

Baltimore Porcelain Steel
7% preferred
(quae)
7% preferred (quar.).
7ft preferred (quar )
Barber (W. H.) Company (quar.)——
Batavia Body Co.
(s-a)
Bathurst power & Paper Co., Ltd.—Class A (quar.)—

t

8

93 %c

preferred

Bertram (jqjm)

7-

$$1.12 7a

_

Automatic Canteen Co. of
Avco Manufacturing Corp.

'

5-10

4-29

preferred (s-a)

Bel) A Howell

1

$1.50

Line

7ft

1-21

6-

____

Coast

Mines,

10-22

1

___,

Atlantic

Extra

7-22

1

627aC

(quar.)
& Santa Fe Ry.
Lines Co. (Conn.)

:

1

1-31-50

$1.25

Coast

«

8-

11-

5-21

6-

__

2nd preferred

Aur.or Gold

1

6-14

$15C

.

A

6-

1

$1

1st preferred (quar.)__—

Series

7-

75c

(quar.)

Co., common—
preferred (quar.)____.

Atlas Imperial

2

$$1

(quar.>___

Atchison Topeka

'

1

$15c

1

Atlantic

5%

5-10

6-14

$1.50

Corp.

'

5-25

1

6-

$3

partic.

preferred (quar.)
____■
Arnojd Hoffman & Co. (quar.)___
Associated Dry Goods, common (quar,)_
t

6

25C

3.75ft

.

5-

1

5-

___

$3

Armstrong Cork
4%

(quar.)—
Dredge & Dock

Power Co.,

1

$12c

(quar.)

-

Ltd., common
4% ft
convertible preferred
Arizona Edison Co.,
$5 preferred (quar.)
: $5 preferred
(quar.)—.

<

6

7-

$1.50

.

Corp.,

Armco Steel

1

5-16

(s-a)

Co.,

7-

6-15
'

$1.50

(quar.)

preferred

7

30c

,_

!

(quar.)

Anheuser-Busch, Inc.
Arcade Cotton Mills
Common

7

5-

$2.25

_

,

5-

75c

6%

Arden

5-28

30c

(s-a)

preferred (quar.)
Anglo-Canadian Telephone, class A (quar.)
Anglo-Newfoundland Development Co., Ltd._
■

5

5-13

5-31

60c

__,

conv

'

75C

Inc

Co.,

J $4.50 preferred (s-a)
Ampco Metal,

5-

5-28

,

75c

common

A

Consumers

$50c

5-31

$0.61826

(quar.)

Works

Company,

Foundry

Lid., class A
Co.; <Ltd.. (quar.)

Glass

5-21-

6-J5

preferred

7-28

50c

3

preferred—

$3

-

American

5-20

1

5-16

25C

American Tobacco Co.

6-

6-

25c

American Service .Co.,

4-29

&

53C

1

1,

7-

:

preferred

10-28<i

$32720
>
$50c

,__

Theatres,

Consumers

4-15»

67-

25c
30C

$4.52

! 6-10

27^iC
337ac

..

Consolidated

5-16

1
5-16

$1

Co

5-13•

6-15

-

25c t'

Retail

5-14
'

40c

-

'

5rl6'

$rl6

fir. 1

:' / ^

.

$$l

pfd.

(quar.)__

Sanitary
$1.75

Co.

6-10

Common
Class

.

4

Standard

(quar.)—__
-

Ltd.

(quar,
Co. <0f N.

6-10

1;,-.

$4.50

7-28

62'Ac

4.47c

Co'

Paper

.6-

5-20

10-28

15c
<62%c

(guar.)

Co.,
(quar.)___________

Canadian

1

(quar.)_

Re-Insurance

Car

1

6-15

common

preferred

(quar,)_

com.

$1.50

1

5-16

$

$5c

,.

6-10

6-15
6-

Stores, common (quar.)
474 %
preferred
(quar.)
Consolidated Textile Mills, Ltd.—New $1
preferred
(initial)
(s-a)

5-16

6-

$$3.50
50q

,

(guar.)

Breweries,

1

X,
$1
$1.25

(quar.)__

6-

6-1

$30c
$30c

Wyant &

Canadian

4

377aC

(quar.)

],

L

Cement

Canadian

5-21

25c

pfd.
_"

Service,

Canada

5-31

5-19

$1.12%

Lines, 5%

Co.,

Liquidating
Safeway Ltd., 472 7c

5-13*

1

6- 2

8

6-1

$1.

Cannon Foundry Co
Co., Ltd., 6747c pfd. (quar.)
Canada Malting Co., Ltd.——————
Canada North West Land Co., Ltd.—

6

6-10

8

1

6-15 ;

$$1.50

(quar.)-,.

Laundries /(quar.) —i_.
Natural Gas (s-a)____

Consolidated

2;

4-30

5-16.

1

567»c

Edison

Consolidated

5-9

5-15
6-- 1

75c

■

pfd.

i

5-15.

—

(quar.

Consolidated

4-21

8?^c

(quar.) __________—;

Power

preferred

Canada

.

Chemical, class A

series A

American President

Water

Campbell

3

.6-15

J1

(bi-monthly)

&

6-10

20c

American Metal Co., Ltd.
47a ft
preferred (quar.)
American

Electric

1

(accum.)

(Toronto)

Consolidated

4-29

6.

877ac

j

..

Inc

Co.

5.3ft

6-3

Home Products (monthly).
American Machine & Foundry Co._——__—

News

v

Mills Co." (quar.)

Packing, common
preferred (quar.)

California

5

6-15

-

Co.

Cotton

Coal

4-21

,

.-,

25c

37'/2C

—

California

5-16

$1.25

American

American

Jackson

California

5-15

$1.25

75c

preferred

Byron

5 7c

Cable Co., common—__
preferred (quar.)

4-30;

Consolidated

2

6-15

(quar.)___!.——$25c

-

preferred (s-a)

California
1

5-31

American Furniture Co., Inc. (quar.)
Amerian Hide & Leather, 6ft pfd.
(quar.)_

'.$4

7ft

~

6-

7

5-

6-10

,

6-1

<

;

A
A

Common

4;
5-16

4QC

Co.,

20c

20c

-

:

,.

5-

1

6-

4-30

6-

Class B (quar.)—
$30c
Class B (quar.)__:
L
————J30c
Burroughs Adding Machine Co. (quar.)
2Qc
Butler Brothers, 472 7c preferred (quar.)—_
$I127s
Butterfly Hosiery Co. Ltd., com. (quar.)„t25p

5^12

5-14

$50c

—

&

Meter

Co., Ltd.—
pref. (participating)!
pref. (participating) ——:

Class

4-30

6-10

377aC

_

(quar.)

Co.

Chain

American

1

5-14

River.Power, 6ft

6-1

—

Shares

convertible

&

Class

Corp.—

Can

American

6-15

-

,_____

(St.

Business

American

.,

1

7-20

$1

preferred (initial quar.)_.

American

5-

7-

30c

quarterly

American Bosch

; New 5%

Co.

Burns

9

5-14

_________

(irreg.)

Ins.

9-15

75c

——

Arch

i

4-30

1

25c

377aC

Alloy Cast Steel Co. (quar.)
Alpha Portland Cement (quar.)
Aluminium, Ltd.
Aluminum Co. of Canada, Ltd.—
4%
preferred (quar.)
American Airlines, $3.50 preferred
American

10-

Connecticut

7-

<

$1.50

—

(quar.)___—__

preferred (quar.)

4-29

1

5-16

$2.50

Co.
(quar.)___
Laboratories, Inc.
(quar.)_.
common

6-

6-

—

trating
(quar.)
Burlington Mills Corp., common (quar.)_—_
372 7c preferred (quar.)-I
U—____—
3727c conv, 2nd preferred (quar.)——__
47c
preferred
(quar.)—1—

Co.—

,

Allied Stores Corp.,

i

6-25.

(increased quar.)—___

Kid

Allied

5-28

6-30

$15c

Youngstown RR.
(s-a)

preferred

6-15

4

pfd.

1

$$12
Co.

2'

.

:u

Power

1

5-16

.7-

Special

2

7-

25c

Company, $6 preferred (accum.)___
Buckeye Pipe Line Co
'_—/__________
Bullock Fund, Ltd.——'_iv
Bunker Hill & Sullivan
Mining & Concert-

.

25c

(quar.)—_______
Agnew Surpass Shoe Stores, Ltd.,

5-

6-15

$1.25

preferred

5-14

6-30

$4c

.

Association

5-

5-

Ltd.—

$1.50

Quarterly

i

5-20

10d

Brown

25c

___________

(J.

D.) Mfg. Co. (quar.) ______
Aetna-Standard Engineering Co, common..,.
5%

6-

$50c

preferred (s-a)—

H.), 7ft

4-20

(Del.)^—

40c

Life

Connecticut

5-20

lOd

—

Acme Glove Works Ltd., $1

Co. .(N.

6- 1

.)

British-American

Ordinary

6-10

..

$1.25

5-J3

6-

$30c

,

5-12

6-25

Corp

Consolidated

$60c

________

Mills

Confederation

/,

Vancouver, Ltd.i_—_

—

6-10

25c

Co.—

5-14

$$1.50

Lt(L

5-16

50c

(quar.)

5-14

$12%c

_1_;

________—_—_

$1.0674

Stamping—

5-16
6-20

75c

(quar.)

Traction, Light & Power Co.,

Semi-annual

.

Cone

4-29

5-25

$3
68 %c

*

&

Telephone

preferred

Concord Gas

5-11

5-25

50c

(quar.)

—:

$5

5- 9
.

1

I6c

,

com-,

6-

Commonwealth

5-18

5-13
6-1

5-14

,

1

60c

Shearing

Holder a

Payable of Rec.

18%c

(quar.)__

Commonwealth & Southern Corp.
$6
preferred ;(acoum.)

1

5-

25c

-

——

5-

5-15

15c

;

(quar.)—

Jnc., $2.75

Brazilian

4-27

1

&

Bower

5-10

5-16

(quar.)—,

Bowes

Payable of Reo.
5-16

Tobacco

5-15

75c

Co.

Commonwealth International Corp.,
Quarterly
L___

5-20

6-1

Carbon

Commercial

5-20

25c
'

___.

(Sidney)

preferred (s-a)

5-20

1

6-

$1.35

_

Holdere

25c

—

——

Co.

5-13

6-1

Columbian

5-13

1

(quar.)

6-25

Bros.

Blumenthal

1

6-

30c

/

common

(quar.)

6-

$1.05

——

(quar.)—

(Phila.),

preferred

2

60c

.

(quar.)„„

com.

Bloch

20c

(quay.)-

Corp.

—

Light,

Borden Company (interim quar.)
Boston
Fund
(quar.)
/__

give the dividends announced in previous
weeks and not yet paid. The list does not include.divi¬
dends announced this week, these being given in the
preceding table.
Name of Company

&

5-

5-16

$1.50

5-18
5-16
5-16

$3

we

When

(quar.)___/'

common

(quar.)

preferred

Bourjois,

Per

Carpet,
(quar.)

Power

Blauner's

(initial)—_U—$5c

5- 2
5-28

67c

Below

Ltd.

preferred

5.40ft

5- 2

5-14
5-14
6-15
6-1
6-30
6-30
7-11

62V2C

5% preferred (s-a)_—
Winnipeg Electric Co., common (increased)
<5%
non-cum.
preferred (s>-a)_—Wool Combing Corp of Canada, Ltd.-—-

1

6- 1
5-15
6-10
7- 1
6- 1
5-16

6-

75c

Supply Co. (quar.)
Utilities, 6% preferred (quar.)

When

Share

Columbia Gas System, Inc. (increased quar.)
Columbia Pictures Corp., $4.25 pfd.
(quar.)

•

Wesern

Monday, May 9, 1949

H older t

5-13,
8.-15,
11-15,

,

5-10,
6-10,
5-13,
6-15

9-15

Volume 169

Number 4801

THE
Per

Nome o/ Company

,

Federal Fire

Ferro

Canada

of

Enamel

40c

6-10

5-31

25c

6-15

o-

(quar.)_

——

(quar.)

25c

t
.

Fireipen's

Philadelphia

Insurance

Co.

Semi-annual

Firestone Tire

N.

J.)

Hormel

6% preferred

0- 3
4-18.

Horn

4-18

Howard

Co.—

«-4'/a %

preferred

Quarterly

(quar.)
Gonnell Dredge

&

J

i

$1.12%

Dock

6-

25c

.

6-

Canada,

Ltd,

class

<•

Class

7- 1

5-20

1

8-20

12-

$1.50

Extra

Fort; Pitt. Bridge Works
Foster
&
Kljeisef Co.
(quar.)

Foster-Wheeler
8%

prior

preferreu

prior

Fowoes

Bros,

&

Co.

Fruehauf, Trailer

(quar.)

Co.;

6%

4%

preferred

preferred

6%

i

preferred

(quar.)

(This

7%

$ig$r

1
5-

2

7-

all

6-1

Inland

A

Outdoor

Stock

2

6-10

5-20

9-10

8-19

12-20

12-1

-5-16

o-^o

5-16

5'

25c

6-20

6

'

'

v

'•••

Intertype

.'5"18

Investors

1

5-13
5-

5-10,,
6-10

50c

5.-16

4-25.

-

2

84%c

6-

5-10u

1

Jewel

25c

5-16

—

37-%c

-

Johnson

5-2*

6-30

Jones

*

<>■

•

J50c

(s-a)

6-29

7-15

6-29

certificates

Globe

6-20

6-

5-31

.

Corporation'

37%c

.

Goodall
1

5%

Rubber

Co,

(quar.)—

preferred

1

Goodall-Sariford, Inc.,
*

4%' preferred

5-14

5-

Gorhain

tH.

——_—1

Grand

5-

1

Co.,.

Ltd;,
Co.

.Stock dividend

1

West

1

*

Kresge

Kroehler

6-15

6-

1

6-

1

5-

6

1

Co

■:

,

——

$1
35c

—

Smelting
&
(increased)—

t$l

6-

—:—

common

25c

5-27

5-

5-27

5-

9

5%
-v

;

1

■'

■

6%

75c

Chemical .share*

Administered

Geiieral

Bond

7c

5-31

5-13

12c

5-31

5-13

Lanston
Extra

.

;

Inyesting. pompany
Low

f
,

,

Priced

•

Equipment

Railroad

Stock

5-31

5-13,,

Lehigh Portland Cement Co.

5-13
5-13

5-31

5-13

——:—;z!X.

7c

5-31

5-13

8c

■

5-31

5-13

9c

5-31

3c

5-31

5-13

7c

5-31

—

shares—

8c

—

Lincoln

5-13

—-—-—-

—

shares

5-13

•

,

5-13.

6-10

Little Miami

$25c

9-1

Quarterly 3.
$25c
Hackensack. W'ater Co. (s-a85c
Haioca Corporatiqn (quar.)

5-

2

8-1

—.

Brothers

Stores

Inc.

.(quar.)-,—

Mines,
Ltd._____
Hamilton, Cotton Co.,
Ltd—-.
—

Hamilton Watch

Co.,

common

,

B

Year-end

and

Groceterias,

6-

It

5-1Q

Loblaw

Groceterias

5-24

Class

6-15
6-15

<v

class B

•

stock.

-

'

1

^

6-1.,*

5-16

6-

Class

5-16

25c

j

.

1

50c

Stock dividend
payable in class A
Harbison-Walker Refractories Co.—
Common (quar.)

6-

6-

5-16.

$1
4%>

5-16

1

6-30

5-

f

1

6-13

-■

6-

!

8%

i

1

8%

( 8%

6%

preferred

Harrison

(quar.)

50c

Wholesale

——————

6-1

$1.50

(quar.J-———;

Rartford

Empire Co
Rercules Powder Cp.;, 5%

Hercules

Steel

Products

'

:

7-20

7- 6

-

6-10

,.6-1

5-14

"5-2

5-14

5-

17%c '•
35c

—-!

preferred
Corp.—
.

(quar.)_
..

»

■

6% conv..preferred B (quar.)
Hershey Chocolate Corp., common (quar.)_
$4 convertible preference (quar.)
Hilton Hqttls, common (quar.)—
'.4% convertible preferred^ (quar.)
I?ires (Charles E.) Company (quar.)

$1.25

6-30

6-

1

5-

—--

'

Half, (Henry)

f$,l non-cum.
i

&

Company,-

class

A

(qqar.)„

6-

1

5-




>

5-23

5-

7-

2

2

5-31

5-16

5-12

4-29

6-

5-10

50c

6-

1

5-20

20c

6-

1

5-14

—

—

■

6-

1

4-18

5-25

6-

1

5-

6-

1

5-12

8-

1

7-23

11-

1

10-24

65c

—

31V4C

5-14

5-

*25c

6-15

5-14

$1

6-15

5-25

7

M &

■

Steel

1"

& M.
M

6-

5-

6

1

"5-4

5-31

5-10

6-

1

5-14

6-

1

6-10

5-24

9-10

8-23

$1.10

5-14

12-10

11-24

3-10-50

2-21

50c

6-10

5-24

9-10

8-23

12-10

11-24

;
3-10-50

2-21

50c

50c
20c

6-

1

5-

6

6-1

5-

3

6-

1

5-

3

6-

I

5-

3

$12 %c

6-

1

Co.

&

M.

5-3

5-31

5-21

6-30

6-20

$2

7-

1

6-21

$2

10-

%

9-21

$2

1-2-50

12-23

30c

6-13

5-27

25%

1

4-10

~

Ltd.,

—

—

1

6-

1

6-13

5-

50c

5-14

4-22

12 %c

5-15

5-

>

5-13

5-2
2

5

10c

Consolidated

(s-a)
(quar.)

Nfockinnon Structural Steel Cq.. Ltd.—
5% preferred (quar.)

—

5-16

4-30

15c

5-16

4-30

$1.75

5-16

4-18

30c

5-16

5-

7-

6-15

$3

1

5

15C

6-15

6-

VaC

6-1?

4-15

25c

5-15

$$1.25

6-15

1

5- 2t

"8-31

5-15

6-15

5-15

6-15

5-14

7-

2

6-20

10- 2

9-20

37 %C
.

25c

7- 2

250

10- 2

9-20

$15c

6-30

5-31

20c

•

5-10

4-20

8-20

30c

5-15

5-15

4-22

37 %C

•

5-15

4-22

7-

6-16

•

4-22

.

2

$50c

Lines

6-15

5-15

12-15

11-15

6-

1

5-

50c

Chemical

Paper

6-

9

5-25

50c

6-

1

5-10

(quar.)—_

2

$1.62%

6-

1

8-10

$1

6-

i

5-10

$1.62 %

6-

1

5-10

75c

5-

t75c

7-

2

5-27

t25c

(quar.).

5-16

7-

2

5-27

t $ 1.7 5

7-

2

7-

2

2

5-27
"

t$1.75

,i

6-15

6-

35c

6-10

5-26

59 %c

6-30

6-15

common, (quar.)

(quar.)

—

(s-a)_—

common

5-27

37 %C

(quar.)

u.

50c

5-20

1

5-

1

20c

5-31

5-17

50C

Mills

5-16

5-

2

OH,

Mining

&

40c

5-10

lc

Line, Inc.,

new

(initial)

common

—

National

Acme

National

Alfalfa

Co

5-15

50c

5-20

5-10

6-

5-16

1

5-15

—

50c

6-1

5-16

6-28

6-16

$1.50

$1.50

••*

9-28

9-15

12-28

12-15

—

12c

6-12

5-23

12c

8-23

12-12

11-23

50c

(quar.)

9-12

12c

5-24

5-10

Dehydrating & Milling—

preferred
(quar.)
National Aluminate Corp.
Automotive

National Biscuit

Fibres,

Co.,

preferred

62 %C

(quar.)
Inc. (quar.)—_

A

______

(quar.)—

1

5-16

30c

5-14

4-30

25c

6-

5-10

1

40c

7-15

6-

7

5-27

5-

6*

$1.50

5-16

4-28

12 %c

$1

National

Dairy

National

Drug & Chemical Co.

Products

6-

$1.75

common

(quar.)

National Casket Co., common (reduced)
National City Lines, Inc., common (quar.).„

•Common

6-15

$1.50

'5%

preferred

5-31
6-15

35c

37 %C

(quar.)

*

60c

5-10

35c

(s-a)

preferred

7%

5-18

5-31

Development

•

National

6-10

lc

Corp.

45c

(quar.)

6-15

5-28

7-

1

6-18

6-10

5-20

Canada—

of

(quar.)

$12%c

preferred

(quar.)_

—

6-

1

5-13

$15c

6-

1

5-13

2c

convertible

8-

1

7-22

10-29

1Q-19

National Electric Welding Machine Co.—

Quarterly
Quarterly

2c

National Gypsum Co., $4.50 preferred (quar.)
National Hosiery Mills, Lt<J.„ class B

Class A
Class A

(quar.).
(quar.)

Class A

(quar.)

$1.12%
$30c
$15c

6-

1

7-

1

7-

1

5-18
6-

3

6-

3

$15c

10- 1

9- 2

$ 15c

1-1-50

12- 2

$1.75

6-15

5-27

National Lead Co.—
Class

A

preferred

(quar.)
National Linen Service Corp., com,

Mallinson Fabrics (resumed)
National Paper & Type, 5% preferred

National

4%%

Tea

Co.,

1

7-

1

6-15

7-

1

6-15

5-27

5-13

20c

(s-a)

$1.25
50c

(quar.)

common

7-

$1.25

National

15c

$1.12%

(quar.)_

4%% preferred (quar.)
-5% preferred (quar.)___,__

6-15

8-15

7-31

6-

5-17

1

preferred

(quar.)

53 %c

5-15

5-

41/4%

preferred

8-15

8-

5

preferred

47 %c

5-15

5-

5

3.8%

preferred

(quar.)
(quar.)
(quar.)__

53V8c

3.8%

47 %c

8-15

8-

5

2

Vulcanized Fibre
(quar.)
Naumkeag Steam Cotton Co.______—,—.___
Neisner Brothers, Ino.
(quar.)—_____—

Co., common (quar.)
preferred
(quar.)
Britain Gas Light (quar.)

$2.40
New

—

Air

Brake

Nopco Chemical Co.,

4%

.J.¬

Co.

5-15

5-

6

5-15

5-

1

5-10

5-

2

75c

6-10

5-20
5-10

6-

1

lc

6-

Co.

1

5-10

ser.

A

(quar.)

(quar.)

5-16

50C

6-

1

5-16

50c

(quar.)

preferred

5-31

20c

Co.—

4% pfd.

Western Ry

adjustment

5-18

5c
r

Manufacturing Co._______
Newport News Shipbuilding & Dry Dock
York

5-

5-27
6-15

60c

Newmarket

New

5-16

50c

40c

—

Jersey Zinc Co. (quar.)
New Park Mining (s-a)
Special
i__—

25c

5

20c
25c

Neptune Meter
New

Norfolk &
"

5-19

6-15

$50c

——

class

$4

6-14

1

50c

common

(quar.)
.1
6% preferred
(quar.)
6%
preferred
(quar.)
Mutual Telephone Co. (Hawaii)
4.8% preferred A (quar.).
t
4.8% preferred A (quar.)
4.8% preferred A (quar.)

*;

6-14

1

$$1

National

6-

50c
88c

_1——

Woodworking Co.

6-

80c
—

(quar.).
_'

\

$1

(Phila.) (s-a)
Lynch Corporation
Lynchburg & Abingdon Telegraph Co. (s-a)_
Lyon Metal Products, common (quar.)„—
M. .J.

5-20

2

15c

$1.10

RR.-

Lumbermen's Insurance Co.

5-20

4-29

5-16

$1

5-20

'.."!• Extra

5-16

6-10

$1.10

(monthly)

1

'

1

$12 %c

6-

25c

5-16'

1

1

6-

$50o

Diablo

6%

5-21

6-

7-

7-

$1.37 %
quar.)_

A convertible preference
Mutual Chemical Co. of America—

5-21

6-14

4c

Products

$2

5-16

5-31

Ltd.—

Lukens

.

S.)

1

50c

i

(s-a)

(G. C.)
Company (quar.)
Muskegon Motor Specialties Co.—

6-10

6-

30c

.

i

4-25

1

5-16

7-

5c

Murphy

5-25

25C

(quar.)^
(stock dividend)

Nashville

5-16

6-11
'

$2

-37%c

Paper Mills,

Munson

5-16

6-

$1

(quar.)_______

4-25

6-

1

6-15

125c

&

6-15

1

50c

(quar.)

Extra

4-20

1

40c

—

Long-Bell Lumber Co.

7-

37 %c

'

Mountain. Producers

9

6-

t2c

preferred (quar.)—
preferred (quar.)—
preferred (quar.)—_—

Louisville

•

quar.)——

Co

3

50e

(quarr.)

5-14

30c

25c

——-

Corp. (trreg.)

.

-

Efolyoke Street Ry. CoM pfd. (quar. )„_—_
Home Oil
Co.,
Ltd._
:
Honolulu Oil

3.

4-20

5-10
6-11

75c

(quar.)

(initial quar.)
preferred (initial
Co., Ltd

Mount

3

25C

Long-Bell' Lumber (Maryland)—
; Class
A (accum.)l

'.•••

Corp.

Corp.
(quar.)
Motor Wheel Corp, (quar.)

5-10

87 %C

5-14

.

f

.•' ' •'

7%

6-24

5-31

75C

capital

$1

-

8-19

5-14

15c

convertible

Mosinee

8

50c

(quar.)_,—

37V2C

,

-!

/

2

1

$1

2nd

Motor

4-29
6-

5c

_————-_i._—;—

Co.

6

5-31

11-17

6-

60c

(quar.)

preferred
Morrison-Knudsen,

6-15

5-10

$2 5c

Co.

6•

8-31

(s-a)

4% %

5-10

6-14

50C

(quar.)

Lone Star Steel

1

11-30

350

—--

Moore-McCormack

12-21

35c

(Missouri) (irreg.)
Co. (quar.)
Lowenstein (M.)
Sons (quar.)_
Lucky Stores, Inc. (quar.)

1

7%
/

.

J25c

____——-i—

Lone Star Gas

;_5-ll.

5- 1

common

Corp., Ltd., common
preferred
(quar.)
preferred A (quar.)
preferred B:(quar.)

4%

5-10

12-28

.

'

5-

5-31

convertible

Moore

6-22

$1

B

Extra

5-25

:

9-21

25c

(quar.)

Co.,

6-15

—

preferred series B (quar.)
preferred series A (s-a)_
Moody's Investors Service, Inc..—
$3. participating preferred (quar.)—.

5-24

6-28

$12c

Common (monthly)

;

l**t

9-27

35c

——

n(quar.)

(quar.)
(quar.)

6-30

:

common

conv.

$4

r.

Inc.

6-15

t5c

1st preferred

$3.25

4-30

t$i.75

—

Lock Joint Pipe Co., common

% 6-10

6-10

•

A

Extra

5-24

25c

—

class A

on

Loblaw

50c

—4

—

'*

5-14

5-10

$1

.(quar..)—i—

Extra

5-16

1

1;

25c

—

wiii-,

—

•

Class

1

6-

5-16

6-15

$1.12%

Extra

—

Original capital
Special' guaranteed
Special guaranteed
Special - guaranteed
Special guaranteed

6-

$22%c

(qi'ar.)
(quar.)-

,,4

5-16

6-

5-20

15c

—

original

1

37 %c

Co., common
$3.25 preferred series A (s-a)

5-10

$1.50

4—

25c

convertible preferred
(quar.)—
Hancock Oil ,(Calif.)- class A
Extra

11- I

1

Co.,

t7c

—

—,

.4%

'

1

6-

75c

;

-

12-

RR.

6-

10c

•

Monsanto

6-10

5-25

$1.10

5-13

6-30
1

6-27

$1

5-31

4-30

2

5-

25c

Containers, Ltd—
Mohawk Carpet Mills,
Inc

6-10

1

^

5c

5-20

4C

Common

5-25

6-27

1

—

$1.25

4-30

Co

f(Robert),

5-10.

6-15

35c

Co

5-13

6-

5-20

20c

Lionel

Original capital
Original capital

Co.,

(J,

5-14

25c

Insurance

Link-Belt'Co.- (quar.)

5-13

.

Hale

Life

5-26

5-14

$1.62 Vat

Modern

1

30c

National

5-31

$25c

1

6-

(quar.)

Corporation
(quar.)_
Liquid Carbonic Corp., comrao
3y2% preferred (quar.)

-

5-25

6-

7-

Quarterly

Lindsay Light & Chemical

Ltd.

i

6-15

60c

i

5-31

.

——

6-

—

—:

7c

.

6-15

$1

Corp

5-31

8c
..

HaUnor

Realty

Oil

Mitchell

5-13

:__

!

Lees (Jamesh& Sons (quar.)

6-15

(.quar.)

Mitchell

6-10

6-

$1.12%

Leitch Gold Mines, Ltd.
(quar.)_
Libby, McNeil & Libby (s-a)
Libbey-Owens-Ford Glass Co. (quar.).
Life Savers Corp
4—
Liggett & Myers Tobacco (quar.)

5-31
5-31

——V-——i

Gulf* Mobile tSi Ohio RR., $.5 preferred
Gypsum Lime & Alabastine of Canada,
."

Lefcourt

9c

shares

Quarterly
Quarterly

5-13

8c

shares4—

•

5-13,

10c

?

Steel shares
Tobacco

Utilities

5-13

5-31

10c

.

—

Railroad

5-31

,

25c

$1.75
_____

Products,

$1.50

.

6-10

6-30

$1.12%

(quar.)

5-31

4-29

6-15

1

5-15

(quar.).

,

Machine

Gc

shares^

Railroad Bqnd shares

Monotype

9c

shares__

Merchandising shares
Mining-shares
Petroleum, shares

.

10c

;

:——

1

6-30

$40c

5-13

5-15

7r

15c

(quar.)

$5.50

Milling Co., Ltd.—

5-13

8

37 %C

preferred (quar.)
$1 prior preferred (quar.)
Mining Corp of Canada, Ltd. (initial)
Minneapolis Gas Co
!
Minneapolis-Moline Co., com. (initial quar.)

5-13

10c

5-31

5-

prior

Morris

.

5-31

shares—

1

$1.12%

7c

6-

$1.12%

(initial

preferred

$1

5-30

6-

8c

(quar.)

(quar.)
(quar.)—

10c

shares

6-10

5c

(quar.) —i——_—
preferred (quar.)

4-15,

6

6

'

6

50c

(quar.)—
Industries, common

Woods

2

5-

$1.12%

Abrasive

; Common

3

5-

10c

—

common

5-13

Industrial Machinery, shares—
Institutional Bond shares^-——————

6-

50c

5-13

———

1

25c

_

(quar.)_

5-31

:

7-

20c

__

Apparel

the

5-

6-

,

5-16

$1.18%

_;

5-31

shares——.—__•

6

25c

preferred (quar.)_
Laclede Christy Co. (quar.i—______

•'

—{——.——-

Elecirical Equipment
Food shares

5-

$1.25

9c

X

6

1

$1

—/

9c

—

*

5-

7-

10c

—.———

shares'

7-1

25c

—

(quar.)

—-

Building .shares

8%

5

95c

conv.

of

6-

6-

62 %c

Miller & Hart, Ine.
<
Common
(quar.).

.

7%
Lakey Foundry & Machine Co
Lamaque Gold Mines, Ltd
Lane Bryant, Inc;
(quar.)—i
Lanett Bieachery & Dye Works—,—
Lang (John A.) & Sons, Ltd.-(quar.)
Lansing Stamping Co
;

Automobile^ shares:

.Fully

A

*

6-

(quar.)

Extra

*

preferred

France

4%

Company

12-

50c

(quar.)

preferred

non-cum

Midwest

6-25

15c

(quar.)

&

preferred

L'Aiglon
La

;

S:)

6-15

50c

(quar.)

Petroleum

preferred

$2

6,

5c

_—

Lake

2

6-

5-

$1.25

(quar.)
series—

3

6-

(s-a)______.

common

8%

7-18

1

5-17'

65c

—

(quar.)—

(quar.)—

Surety

Mid-West

5-25

1

6-20
8-

7- 1

5%

———

4-29.

5-

6-

:

20c

-Common

,

•

preferred

H.)

1st

■

.

Oil

Company,'

Kroger

'

•

8-10
11-10

12- 1

20c

(quar.)______

9-20

1

1

New

7-19

9-

'

5-10

30c

—

—

common

1

9-

tSOVic

(quar.)

Service

preferred

Mid-Continent

5-16

1

60c

4-28

10-

1
1

93 3/4 c

5-13

t30c

86-

$1.25

(quar.)__

—_—

(quar.)/:

6-15

7-

$50c

(quar.)

$2.40

7-19

6-

30c

5-16

?5c

——

Felt

4 Vi%

5-13

...V\' '!

56»/4C

1

30c

f

.

—

Company (quar.)^__
Co., '
preferred A (quar.)
preferred A - (quar.)

4 Vi %

.

9

—

Co.

&

4-22

43 %c

(quar.)

Public

Mickelberry's Food

Mfg.

4%%

—0

.

8-

25c
.

—

(quar.):___

6-

1

Midland Steel Products—

———

(S.

'

—

1

4

(S.

Kress

5-16

Gas

Aviation

4-30

37%C

A

5-21

43 %c

:

Inc.

Messenger

Preferred

*

-"Beneficial interest

5-16

Co., Ltd
Light—•
6'\ non-cmn. preferred (quar.)
Group Securities, Inc.—
Agricultural shares
r

5-21

5-

6-15

$1.06 y4

Co., common
(quar.)

Preferred

Knickerbocker'Fund—.

5-16

5-16.,/

——_—

Great

6-

7-

5-15

43 %C

Stores

preferred

Michigan
Michigan

6-15

25c

.(quar.)

Cotton,

prior

6-15

Grayson-Robinson Stores, Inc.—
"$2:25 preferred (quaC.)—
Great Lakes Dredge & Dock
(quar.)
Greenfield

6-15

I—————

Extra
$5

6-15

(quar.)^-,

(quar.)
u—

Kingsburg

2

5-14
6-

9a

Island—

(quar.)

dividend '

preferred

6- 1

W.)

Union

5-11*

7-15

10c

common

Co.,

3

40c

Chapman & Scott—■
preferred A (quar.)
Messenger Corp.
Metz Brewing Co.;
T
Miami Bridge Co. (quar.)
Mica Co. of Canada, Ltd
Michaels, Stern & Co., Inc.—
Preferred
(quar.)

5-12

1

——

(Julius)

$1
$1

Co.; (quar.)
Consolidated
Mining,

Granby
"'Power

.

5-

1

6-20

$25c

6y2%

•

5

6-

.;
preferred (quar.)——:—

(quar.)—$1.25

common

preferred

Manufacturing

Gossard

Rhode

Kingston Products Corp. (s-a)
Kinney (G. R.) Company, common

2

,

convertible

2

5-20

$2.50

5-

1

6-

Refining Co." (quar.),_^—_____
Corp.
Laughlin Steel Corp., com. (quar.)

43A%

5-2Q

6-10

(quar.)37J/?c

(quar.)

Goodyear'Tire & Rubber,
$5

of

Kentucky Utilities Co.,

5-15

*15c

.

—"

common

6-

1

6-10

5c

_____

6-

7-1

Merritt

5-31

15c

(quar.)—
(quar.)——

preferred

Kayser

5-26

6-

———

Fx.tr a

4

6-15

Co., Ltd.:————
t2c
Brewing Co. (quar.).—————l——10c

7%

5-20

6-10

IOC

8-16

■

5-30

6-10

5-10

(quar.)_

(s-a)_

Frank

Mercantile

6-15

40c

W.

/, 4%

ad'

5c

-"

.

1

5-16

4-29

:

7-

Telephone,

<fc

9-15
5-

5-31

$ 12%C

preferred

Mercury

25c

common

Kawneer Company

;

Corp.
(quar.)
10c
Co., preferred (s-a)—25c

A.)

„

4-18.
:

5-13

Oil,

Goebel

'

'

13c

(resumed)

Gerlliy-Michigan
Girdier

5-15 ;

4-30

$75c

Battery Co.
Kalamazoo Vegetable Parchment Co.
Kansas City Power & Light—
3.80%
preferred (qqar.)"„_—

4-14

1

—.

Utilities

4-30.

5-31

$1.50

Oil

Stock

K.

6-29

7-15
5-16

.

-

•

7-15

5-31

9

$1.25

_

-

6-10*

5Vo

J50c

5-

5%

5-13

1

5-16

Ltd.. (quar.)

preferred (quar.)
2nd preferred
(quar.)

Meier

5-20

1

10-

$1.25

preferred (quar.)

$2

5-14

$1.75

(quar.)_:

Estate

Jones: &

5- 2.

,.y

1

1

$1

—

preferred

5-20;

5-16

40c

:_

66-

20C

—

Corp.

preferred

an

c

6-11

$1.50

———

Co.

Tea Cq.,

.3%%

•.

5-17

27'/2C

Iowa Southern Utilities (Del.)_____—
Iron Fireman Mfg. Co. (quar.)

.

5-5

-

1

25c

Co.—_____—_—

—

5-14

-

4-29

6-

25c

Quarterly
Quarterly 4
Jantfcen Knitting Mills, 5%" pfd.

12%c

(quar.)
„

6-23

'

6-10
6-

$$3
35c

4 % %

3*

$1

Group,:

Participating;

,

5-16

Advertising—

5-

50c

Fund, Inc.Mquar.)—

Participating

':K

5-25

—

5-20

1

5-13
5-12

$50c

Mclntyre Porcupine Mines, Ltd. (quar.)
Mead
Corporation, common

Meadville

—:1

Trust

8-25

——

Corp.

Stock

25c

(quar.)_.

common

4-11

30c

Foundation, Ltd.—
convertible preferred
(quar.)

,6%

'$1

•

5-

4

5-26

25c

■

(L. M.) Co., Ltd., preferred (s-a)_McClatchy Newspapers 7% pfd. (quar.)
7% preferred (quar.)

6-30

4

6-

35c

Co.

6%

McBrine

4-25

7%
—

:

Utilities

5-

25c

Maxwell, Ltd.

Investment

.—

~st—

C

1

15C

preferred ,accum.)__

Investors

'

•

8-

5-20

20c

,

Co.

5-11

5- 9

25c

Massachusetts Bonding & Insurance

2

45c

Shirt

Sugar,

Massey-Harris,

Shares—

International'

6

$$2.50

(S.

$25c

_______

(quar.)
(increased)

International Silver

(s-a)—:—-

(s-a)

-S.

Public

Gerrard

6-20

(filial)

Water

Bond

-8

6-

7%c

•

—

preferred

American

5-

6-30

(quar.)

Group
(increased)
Exchange Building (Chicago)

6-15

$1.75

—•— — ■
.,

5 %

2

Corp. .(quar.)20c
General Steel Wares
Co., Ltd., com. (quar.)
f20c
General
Tin'Investments, Ltd.—
„»
'
•
•

5-16

$1.25

5-16

1

"

5-

25c

preferred

—

Gentry, Inc.

5-16

56 Vic

—

Quarterly
—:—
International Cigar Machinery.—
International Harvester Co., 7% pfd. (quar.)
International Railways of Central America—

5-20

6-10

5-15

■>

——

Corp., Ltd.

-

5-16

5-31

7%

'

common

Co..

and

Aviation

5-14

*

___———

B

5-31

Corp.—

(s-a)

5-13

5-16

(quar.)

5%
preferred
(quar.)—
Mar-Tex Realization

International Business Machines Corp.—

6-1

75c

General Paint Corp. (quar.)_
General Portland Ccjment
-■General Products,'Mfg.

5%

5-31

12 %o

(quar.),

5-18
5-

1

7

*

t,

class

(quar.)

Manitoba

5-11

25c

Insurance

$1.12%

preferred

,

Steel

5-

6-10

12 '/a C

—-

—

5-18

6-

preferred-.

.

arrears)

Common -(increased)
6.% preferred (quar.)__—

General

1

(quar.)

preferred

5-25

25c

(quar.)
preferred (accum.)
Maple Leaf Milling Co., Ltd.
Marathon Corporation, common (quar.)

9

9-20

registered

Institutional

30c

General Industries Co.
(quar. 1
General Mills, Ine,»'33/a%

...

6-

$1

Company

Holdert

Payable of Roe.

$1.25

(quar.),
(quar.)

preferred

non-cum.

49

20c

Square Garden Corp. (quar.)
Mallory (P. R.) Sc Co., Inc. (quar.)

12-20

Co.,

Gas &

$5

5-'7

9-30

Ingersoll-Rand Co.

6-18

25c

.

(increased quar.)

A

Power

Indiana

J.

1

5-16

——

(quar.).,—
Corp.-s-

preferred

Class

5-

1

12-30

preferred

-Ordinary

5'

*

5-16

10c

common

Corp.,

,

8"

6

30c

(quar.)

Co.,

convertible
General Foods

»

1

25c

Illinois Terminal RR. Co. (quar.)—1
Illinois Zinc Co. (quar.) __1
—1
Imperial Chemical Industries, Lid.—

6

5-

_

>4%

General

5-

30c

4%%

clears

Corporation

preferred

6%

5%

t$l

—

Industries,

Common

1

6-

$1.25

Idaho

5c

(quar.)_—_i—

,

General Finance
•

66-

25c

$1.25

6

$1

—

(quar.)

payment

General

Manhattan

$1.25
37'/2C

quar

b

5-27

50c

•

.

Year-end

■

5-12

;

Madison

(quar.)

preferred

5-

5-lb

(quar.)— -i.

preferred

5-

5-10

(quar.)—

(quar.)

Garrett

; 5%
,5%

1

5-27

37Vic

—

(Robert) Co,, common
preferred
(quar.)

Gar-Wood

4-30

—

(quar.)—-,

5-27

6-

6-1

;

.6%

Gamewell Co.

Macwhyte

5-15

——

Gair Co.,. Ltd.,
t

2

10"o*
5-20

^

4-30

1

common

preferred

Huttig Sash & Door, 5%

0-11.

10c

common

4% preferred (quar.)
Gabriel Steel Co,

Gair

5-

1

quar.)—$1

.

6-

5-15

•

preferred sbries A (quar.)
Hussmann, Refrigerator, $2.25 pfd.

Hydro-Electric Securities

37 ¥20
/—

(increased

2

6-29

62 Vic

—

When

Share

Mackintosh-Hemphill Co.
Macmillan Company, common

—

Refining Co.

5-20

12%c

(quar.)
(quar.)

*

Oil &

5-27

25c

——

preferred

Preeport Sulphur Co.

2

(increased quar.)
:—
!

Foods, Inc.,

5%

2

Corp.,

8%

;

C-

j25c

-—-—-—

5-

5-15

*25c

_1

V.)

(N.

5'/c

11-20,

5-31

t25c

—;J,

1

5-15

$2.50
t25c

A—_
-

B

6-

$1.50

(quar.)
Corp. (quar.)

~

(s-a)
of

Hunt

5-21

9-

—

Extra

1

$1.50

Power

Preferred

J.

Extra

5-14,

$1.50

•

Corp., 4% pfd.-(quar.)_u_^-$1
i
4.90% preferred (qiiar.)___
$1.22%
Florida Power & Light, 4%%
pfd. (quar.)-* $1.12%
Foote Mineral Co., new com (initial)
20c

,

6-29

$I.I2'/2

common-,

preferred

Humble

__________

Ford Motor Do.

1

Co.

Fitzsimmons Stores, Ltd. 6 V 1st pfd.
(quar.)
6% 1st preferred (quar.)______—
t
6%: 1st preferred (quar.)
Flo-rida

Co.

Per

Name of Company

,

3

(quar.)

Stores

Holdert

5-

Hudson Motor Car

li-i
&

(quar.)

Co.,

Hardart

&

5%

r

Fitz Simmons

A.)

When

5-27

(quar.)

common

(2033)

Payable of Reo.

30c

$1.06 y4

(quar.)
preferred A

(Geo.

5-14

25c

Co.",

preferred

$4.50 conv.

1

—

-—

& Rubber

$4.25

5-16v.

$1.25

(s-a)

(Newark,

J

8-U

6-25

CHRONICLE

Share

Hooker Electrochemical

8-16

Corp
of

Name.of Company

1

—W

Works

FINANCIAL
Per

Payable 0/ Rec.

(s-a)

&

Holdert

4

Corp.

Screw

Association

Fire

4

Co.

—'—I

Federal-Mogul
Federal

Share

>

Insurance

Semi-annual

When

COMMERCIAL

6-

1

5-13

6-

5-

2

1

5-20

75c

6-10

5-11

25c

5-10

4-13

$1

THE

(2034)

50

Name of Company

Normetal

Mining

American

North

share

One

Co.

of

Power

North American

Carolina
Oil

RK.,

7%

Ohio

6-20

5-31

Roos

Brothers,

5-25

5-10

Ross

Industries

$3.50

8-

7-20

1

10-

1

9-15

7-

2

5-26.

t$1.75

-

6-

1

5-

25c

..._

;

______

25c

.

35c

Oklahoma: Natural Gas, new com.

—

59%c

4

—

Saco-Lowell

(quar.j_______,i__,.-__,_.
——

1

__i

5-2

5-14

4-15
4-15
4-lfr

5-14

4-30

20c

5-14

4-30

Scotten

7-

6-15

Scovill

preferred

.;

—

.

6-

5-25

Owens-Illinois Glass Co

75c

Pacific

Finance

Corp.

40c

Pacific

Gamble

Robinson

Pacific Gas

&

California

(quar.)

preferred

Mills

Peerless

Co.,

common—

prior

preferred
Corp

Cement

Peninsular

Grinding

Peninsular

Telephone,
(quar.)

Common
Common

$1

cum.

$1

cum.

preferred

$1

cum.

$1

cum.

preferred
preferred

&

Philadelphia

preferred

$1:

5
5

33c

: 2-15-50

2-

3

5-16

I

$1.10

6-

92yac

6-

pfd.

1

5-

1

5-

5

6-15

$1

6-

1

6-

1

common

(quar.)

5-20

40c

6-10

5-13

5-20

5-10

30c

—

(quar.)

6-30

6-

1

Soundview

1

South

Pulp

6-30

6-

1

5-ii*

South

1

5-11

Southam Co.,
Southern

Co.,

75c

"

'

(quar.)

Corp.

Public

dividend

$1.40
3 Vi %
Public

3.35%
Public

Co.

'

(quar.)

Red

Owl

$1.60

Class

preferred

6%

$1

common

(R.

5-25

4-14

334%

25c

6-15

6-

5-13

4-29

5-12

4-14

9

6-15

5-24

Stanley Brock,

5-16

5-

7-

5-31

1

1

2

5-16

A

-

Class
State

B

7-

1

6-15

Stowell

1

6-15

Struthers

t27c

10-

1

9-15

New

10-

1

9-15

$1.25

$1.25

preferred

1

7-15

1

6-10

Inc

.

f

25c

6-

1

5-10

Co.—

5-16

(quar

interim i

Rice-Stix

Dry Goods Co.—
preferred (quar,)
1st preferred (quar.)
2nd preferred (quar,)

4-25
,

5-26

$1.12 ya

6-

1

5-10

$1.75

7-

1

6-15

Oil

11-

5

18c

5-16

5-

2

25c

6-15

(quar.)—

i25c

(quar.)

Quarterly
Quarterly

25c
__

.

(quar.)

Mfg. Co—:




6-

1

6-15

5-16
6-

1

Television

Tennessee Products

421/2 c

5-16

5-

2

Texas

6-

5-17

•

6

Fund,

Pacific

Extra

—

1

6-

1

5-13
5-10

7-15

25C

5-20

5-10

6-15

5-13

7-

5

6-

6-

1

5-16

3'

6-

1

6-

1

5-14

6-

1

5-16*

5-14

5-10

4-25
1

5-10

i2yac

7-15

7-

1

10-15

10-

1

5-14

4-30

7-

6-16

7-

1

1

4-25

6-15

8-16

8-11

6-

5-16

1

5-21

5-

6-

1

5-13

5-27

2

6-13

6-13

5)-27

5-16

4-18

5-16

4-18

6-13

5-31

5-15

Weston,

6-

1

5-16

6-

1

5-16

4ya% redeemable preferred (quar.)
White (S. S.) Dental Mfg. (quar.)

7-

2

4-26

5-14*

5-31
6-

1

6-

1

5-16

5-16

5%

4

Oil

Common

5-16

5-

4

Wilson

(J.

5-28

5-

9*

Wilson

&

6-15

6-

1

$12%C
40c

6-

1

5-14

ri-24

5-

6-

6

7c

5-16

5-

5

&

Chemical Corp., corn-

15c

5-16

5-

2

&

Oil

25c

6-

3

5-11

25c

6-

3

5-11

—

,

4V2%
$4.80

Wood

common

Ltd.

Company,

1

2-

I

7-

1

6-16

6-15
6-

1

5-

9

6-

1

5-

9

6-

1

5-

9

t$i.i2ya

6-

1

5-16

37yac

5-14

4-29

15c

5-14

5-

2

$1.25

6-15

6-

I

10c

5-16

4-29

8-15

7-29

tlOc

5-16

5-

5-16

A

^_.

Co.—
(s-a)

(quar.)

—.

(extra) J

Power

&

preferred
preferred

1

5-16

7-

1

6-13

5-16

4-25

15c

5-13

25c

5-28

27yac

6-1

5-

7-31

7-15

90c

6-

5-16

1

3

common—

(stock dividend)

28c

5-14

4-30

$1.12 ya

6-15

5-31

$1.20

Light Co.,

(quar.)

com.

6-

$1.06y4

$1.50

(quar.)

Steel

2

25c

common

(quar.)
preferred (quar.)

(Alan)

11-

95c

preferred

Wisconsin

I

11-15

50c

preferred

3.60%

8-

25c

_

4-20

1

2

8-15

87y2c

(quar.)

C.),

2

5-

$1.25

(quar.)—,
Winters & Crampton Corp.
(quar.)
Wisconsin Bankshares Corp.
(s-a)
Wisconsin Electric Power,
common.

6%
$50c

(quar.)—

$4.25

Co.,

5-

5-16

10c

convertible'preferred''series

Wilcox

2

5-16

Ltd.—

Whitehead Bros. Rubber Co.:
__i
Willcox & Gibbs Sevring Machinge

4-29

5-

(Geo.),

5-

75c

&

5-14

Ltd.—

(quar.)

Inc

Coal

8-

6-10

$1.25 2-15-50

1

50c

Teck-Hughes Gold Mines, Ltd—

1

1

5-20
5-12

$1.25

(quar.)__

6-

27c

1

9-

6-

1

5-27T

$1.25

common

5-14

35c

—

1

Co.,

(quar.)

1

20c

Inc.

A

6-

5c /

50c

preferred

12-

Tablet

RR.

4-11

5-25

15c

pfd. (quar.)
Carson (Canada),

9-15

6-15
6-

$1.12 ya

2

25c

4.32%

12-15

5-14

50c

)0c

.

(quar.t

25c

loe

1

1

$1.75
(quar.)

$iy2c

(quar.)

common

Technicolor,

1
1

6-

6-

Inc.—

37y2c

—

4%

&

9-

12-

12yac

(quar.)

5-

•

!

Taggart Corporation

25c

25c

1

$1.12 y2

Oil, 6%
preferred
4%-2nd preferred (quar.)
Sylvanite Gold Mines, Ltd.—
Symington-Gould Corp.

Pearson

1

5-13

12-10

t$1.75

37 y2c

(quar.)—

Swan-Finch

convertible

6-

9-20

2

9-10

50c

(s-a)

Stationery—
5% preferred (quar.)
Westinghouse Air Brake
Westinghouse Electric Corp., common
3% preferred A (quar.)
3.80% preferred B (quar.)

(quar.)

common

preferred

6-15

6-

12-22

6-10

35c

preferred A (quar.)
preferred A (quar.)
preferred A
(quar.)

11-15

—__,

Ray Drug Co., common
6%
preferred (quar.)

Inc.

Pacific

3iy4c

Taylor,

6-10
6-30

preferred

25c

quar.)

Sun

& Fenn,

6-20
I

$1.25

5%

Western

Taylor

1

$1.50

Western

5

Tampax,

1

t20c

(quar.)

5-16

8-

6-15

710-

1-3-50

75c

4-30

8-15

0-15

V

•

Co.,

1

3iy4c

9-15

4

6

$1.06y4

(s-a)

Electric

1

5%

1

5-

$1

6-

5

1

3

$1.12 ya
com._

(quar.)

Co.,

6-

5-

1

6-

20C

(quar.)

$75c

(s-a)__

5-16

7-

5-14

20c

5%

A

31 '/4 c

10-

1

Co.—

preferred (quar.)
Coal & Coke

5%

10-

30c

6-16

1

'

Inc.,

1"

6-

6-

35C

:

Virginia Pulp & Paper—
4V2% preferred (quar.)

5

Gas

5-16

6-15

$1,13

$1

class

preferred (s-a)
Tampa Electric Co

+20c

7-

56C

(quar.)

A

5-13

1

75C

;

common

Virginia

(quar.)

Propane

class

Snowdrift

preferred

(quar.)

Company,

4%%

West

1

6-

25C

Penn

5-

$1.75

common

4-29

Oil

5-16

(initial

5%

Ltd.,

4-29

5-13

Corp,—

$1.75

(quar.)

5-14

25c

7%

6-

West

Co.,.Ltd.,

preferred

Talon,

2nd preferred (quar.)

Co.

4-25

-

1st

Gas

5-16

50c

(quar.)
& Coal Co.'__

Wells

Light

Indies Sugar

6%

,

5-10

t50c

—

Extra

'

5-25

12 >/2C

$4 preferred

West

r

7-

5-10

20c

(quar.)

&

5-20

4-29

7-15
5-25

J40c

(quar.)

Corp.

Wesson

7-11

West

(quar.)

Company,

preferred
Petroleum

Co.

Corp.,

(quar.)

Inc.

(quar.)

Manufacturing

1

5-16

50c

Corp.—

preferred

Wentworth

6-10

$1.50

25c

7-11

Textiles,

common

Suburban

8-

7-

Sun

Tobacco

Ages Corp.

Stores,

Screw

$1.25

15c

8-

15c

preferred

7-15

25c

$10c

——

preferred

.

1

Company

Stonega Coke

.

8-

—

6-15

$1

Worts, Ltd.;

Co.

12-15

$28c

(accum.)—

$15c

(quar.)

D.)

&

Wellington Fire Insurance
Wellman
Engineering Co

6

12-31

8

Corp.—

5-

$1.25

6-

1

5-16

(quar.)

1

8-

5c

5-25

6-30

37yac

Weeden & Company,
4%
convertible preferred

5

9-15

7-

15c

5-

2

6-15

115c

J15C

—

Waterous, Ltd., 80c class A (quar.)
Wayne Knitting Mills (quar.)

6-15

$1.12%

4Vs%

1

6-30

8

&

5-18

4

9-30

6-

Stern

6-

25c

12y2C

$1.25

8-15

Bros.

6-24

$1.25

11-15

&

7-15

(quar.)

1

(A.)

93%c

(quar.)

1

Stern

5-19

5-20

—

—

preferred
preferred
preferred

Sterchi

6-10

5-14

(quar.)

1

Stein

—

50c

5-

60c
1

25C

Common

4-22

6-10

Supply Co
Stecher-Traung Lithograph

5%

(quar.)

6-10

25c

Ltd., class A

7-

Inc.—

—

2%

5-20

$1.75

1

$1.25

(quar.)__
$4.25 preferred (quar.)
Waterloo, Cedar Falls & Northern RR.,

4-22

(quar.)——

Co.

Fuel

5%

5-11
.

c'ass B common—

Co.,

9-

Fund,

(quar.)—

common

(quar.)

Spring

12-

6-15

Rockwell

Tube

6-15

40c

Rockland

Standard

6-15

(quar.)_

Jersey (increased)
for each 200

(S.

$4.50

share

(Ohio),

preferred

5-19

1

45c

of

Co.

Steel

1

6-

Oil

Standard

7-

New

Standard Railway Equipment Mfg.
Standard Silica Corp.
(quar.)

1

7-

class

Rock

6-10

Standard

25c

Corp.

6-10

$1.50

5-27

$40c

Manufacturing Co., common (quar.)
4»/2%
preferred
(quar.)—
L

Paper

50c

Washington Gas
$4.50 preferred

6-15

Common

Riegel

5-10

_____

—

*40c

Robinson Little & Co.,
Class A preference

6-10

(quar.)

held)

$40c

Rheem

7%

$1

(Nortliam)

convertible

W'arren

California

(for

(quar.)

B

Warren

2

5%

(quar.)—

J.)

5-10

5-

$1.18%

common

Brass,

5-20

5-31

10c

—

—

(quar.)

preferred

St

1

5-27

(Indiana)

J5c

Copper

6-

20c

of

Co.

(quar.)

Pictures

40c

Standard

$1.25

:

preferred B

(quar.)

common

5

-

$1.25

Pictures

$3

Standard Oil Co.
Oil

Warner Brothers

Warren

5-4

dividend

Gooderham

(H.)

5-16

1

4-29

6-10

Stock

6-

5-

75c

(quar.)

4-29

5-

4

preferred

1

1

$1.75

j.

,

40c

—

5-16

6-10

$1.50

6-15
6-

$1.25

Manufacturing Corp. (quar.)__
Amulet Mines, Ltd
Walker & Company, common
(increased)

1

1

45c

7%

of

Co.

1

6-10

62yac

W'aite

6-

1

(quarterly Interim).—

7%

Oil

6-

7-

62y2C

Vogt

6-

6-

Common

7%

Standard

6-15

6%

1

6-15

6-15

62yac

preferred (quar.)
5% preferred (quar.)
Verney Corp.
Viceroy Manufacturing Co., Ltd.__^
Virginia Coal & Iron Co
Virginia Dare Stores, class AVirginian Railway Co.—

(quar.)—

Forgings Corp.

5-18

2

5-13

(quar.)___

5%

1

5-

6-15

preferred

$ 10c

7-

15c

(quar.)

(quar.)

convertible

Reynolds

6-

4-25

6-

5-16

1

i-

Vanadium-Alloys Steel
(quar.)
Vapor Heating Corp., 5% pfd. (quar.)-

Walker

preferred

Standard

6-15

prior

$$1.25

6-

preferred A (quar.)

Revere

6-10

convertible

$1.60

2

preferred
Inc.,

Investors

Republic

5-16

(quar.)_

(quar.)

Extra

6%

5-

5-13

6-10

30c

i-

Chemical Co., Ltd.,
preferred (quar.)
Standard Dredging Corp.—

4-29

6-15

87 y2c

Standard

-

A

Republic

5-16

50c

Coventry Ltd.,
A (quar.)—

Extra

1

preferred

Rand,

$4.50 preferred
Class

61

1

7-

Remington
Renold

5-16

50c

'

preferred

non-cum.

6-

1

5-16

1

45c

__.

$25c

(quar.)—
A
(quar.)
Mills, Ltd.

non-cum.

$1.60

6-30

1

50c

(quar.),

6-

7-

$1.12 y2

(quar.)

preferred (quar.)
Standard Cap & Seal Corp.—
$1.60 conv. pref. (quar.)

7-13

7-15
6-

10c

7-

5-31

.

5-31

40C

11-30*

t2'/2C

Co.—

6-13

50c

.

8-31*

12-20

25c

(quar.)

8-10

9-20

22yac

common

(quar.)

1

(Conn.)

Co.,

preferred (quar.)
Mines, Ltd.

preferred

9-

Co.

Winding

preferred

12-

5-31*

6-20

50c

(quar.)

convertible

prior

—

4-30

4-30

6-20

25C

prior

5-10

5-15
5-15

$i.oey4

5%

1

5-18

6-15

1

Inc.—

5%

6-

common

■

5-27

6-

$2

pfd

Co.__

Co.,

5%

8-15

1

6-10
7-

75c

(quar.)

5

9-15

5-16

Pictures

preferred

Co.

7- 5

$1.25

5-16

Insurance

Oil

4-20

(quar.)

_

1st

non-cum.

5-16

preferred

Water

8%

7-31

non-cum.

Service,

5-10

5Gc

7-31

5%

Public

1

10C

(quar.)

$30c

5-31

40c

common

$1.60 non-cum.

90c

6-30

Quarterly

7-

•

30c

___x_

(quar.)___

28c

Sovereign

5-10'

$1

Universal

5-13

$1.50

(quar.)

preferred

Knitting

4V\%

5-13

25c

(quar.)

Stores,

4%%
Regent

Universal

4-19

6-15

25c

,_

(quar.)

preferred

Universal

5-16

5-16

6-15

$1.25

—

5%

5-11

5-31

$1

20c

(quar.)_

7%

5-26

40c

$1.25

Southwestern

1

22yac

Special

(quar.)

25c

(quar.)

(quar.)

Hosiery Mills,
preferred (quar.)

5-14

preferred

50c

Silk

Real

5-31

non-cum.

4-30

(s-a)

Co.

50c

(Texas)

5-10

7-

50c'
»"

(Phila.)

Consolidated

7-

Southwestern Life Insurance

4-27

6-1

$1.06 V*

(quar.)

common

28J/2C

5%

(quar.)

;

1st

non-cum

Universal

——T"

5-31

35c

Knitting

40c

Rapid Electrotype (quar.)
Rayonier, Inc. (quar.)
4%

1

5%

84c
Mexico

Light

common

1-

6-

Utica

35c

___

(irreg.)

com.

Quaker Oats Co., 6% preferred
Quaker State Oil Refining
Quebec Power Co. (quar.)

Reading Co.,

4-30
6-

5

87yac

New

common

■

5-15
6-30
6-30

6-

$3.50

(quar.)

preferred

6

5-14

New Hampshire—

Co.,

conv.

5-13

5-14

Co.—

(quar.)

Oil

5-13

1

6-30

Standard Brands, common

Pure

1

6-

27c

(quar.)

6

6-30

$1

Corp., common (increased)
7%
preferred (quar.)
U. S. Truck Lines, Inc. (Del.)
(s-a)
United Steel Corp., Ltd
United Stores Corp., $6 conv. pfd. (quar.)__
United Wallpaper, Inc., 4%
pfd. (quar.)

Canada

—

5-

to

____.

Steel

Upper

5-13

Indiana,

S.

5

1

&

6-

J.),
(s-a)

Co.,

5-

(quar.)

6

5-17

62 yac

(Subject

Co.

Rubber

5-31

(quar.)_—

5-24
5-

50c

Potash

S.

3oy2c

(quar.)

5-24

5-17

$1.75

(N.

Card

5

6-

Gas

S

U.

1

5-14

Playing

5

preference

6-10

75C

7-

preference

4-30

6-10

75c

6-

convertible

4-15

5-31

25c

7-31

Southern Railway Co.

held.

^

6-30

convertible

5-31

5-16

65C

(s-a)__

«

50c

common

(The)

Extra
U

5-20

5-

6-10

5-25

Foundry

50c

Edison,

$1.10

of

9-10
12-10

6-10

shares

Society
&

(quar.)

California

Stamford

Inc.1

Extra

—

5-13

Power

9-20

S.

i2yac

Co

(quar.)

4-22

Pullman,

5%

Platinum

&

Works

Ltd

1

(quar.)

preferred

Service

Puget Sound

Gold

Bend Lathe

6->

of

U.

1

75C

(quar.)

preference

Co.

1

6-10

6-10

Co.

:

Pipe

75c

4.56%

11-10

5-17

$1.75

(quar.)

Co.

Loan

S.

10c

$1.06y4

of

6-

12-20

22 y2 c

(quar.)

Co.

6-15

V

25

preferred

Special
Quarterly
Quarterly

6-

1

S.

2

6-

5-16

Lines

3iy4c

—

Southern Canada Power Co.* Ltd.
Southern Natural Gas (quar.)

Colorado—

&

5-

"

Investors, Inc
—
Spencer, Kellogg & Sons, Inc. (quar.)
Spiegel, Inc., $4.50 conv. preferred (quar.)_

of

preferred

Service

(quar.)

5-14

-

4-15

2

6-20

25c

4.48%

5-17

10c

t.

Electric

Public Service

5-17

1

S.

Extra

U.

$1.05

—_—

5-24

>«6-

5-14

U.

25c

■

Co.

Co.

Service

1
1

1

5-16

87 y2c

(quar.)

Gamble

preferred
preferred

4.40%

'25c

25c

—

Co.„

Service

6->
6-

5-31

1

6-

25 c

•____

Common

4y«%

1

+45c

—

Public

6-

1

75c

common

Machinery Corp.—
participating preferred (quar.)_____

4'/4%

S7%c

—-

Corp. of Canada, Ltd. (increased)
Pressed Metals of America, com.
(resumed)

&

7-1

50c

5%

1

6-

25c

(quar.)

preferred

4 y2 %

37yac

(quar.)

Power

Procter

7-

$2.50

Company, class B.

_

7-15

7-y2c

pref.

6

5-18
5-17

approval)

$25c

Co.

American

each

participating original preferred (quar.)
4.88% cum. preferred (quar.)
4.32% cum preferred (quar.)

5-12

$1.37%

(quar.)

Oil

5-

1

10c

common-—

Pittsburgh Steel, 5% pfd. A (accum.)——
5Va% prior preferred (quar.)__

Common'

1

6-

$1

_w

£restone

6-

50c

.

1
1

t37c

(quar.)

Improvement

U.

—

——

Gas

7%

Carpet Co.—

——

40c

.

,

& Sons

3Vi%
preferred (quar.)
4.20%
preferred
(quar.)
Socony-Vacuum Oil Co., Inc. (quar.)
Solar Aircraft, 90c conv. pfd.
(quar.)—
Sonotone Corp., common (quar.)—
$1.25 convertible preferred A (quar.)

5-22

$1.75

(quar.)_

Common

1

6-

1

$2

(Alexander)

Cos.

Finishing Co., common (quar.)
$4 convertible preferred (quar.)__

U.

'6-

6-

—

Smith

5-16

1

6-'

U S Hoffman

6-10

—

,

4-14

66-

25C

50c

S.

v

6-15

——

6-

A

t$ 1.75

—

6-10

2

G-15

$75c

(quar.)—;■

Steel

——:

_—

6-

class

(quar.)

7-

Coal

preferred

for

U.

1

8-

4-29

4-30

t25c

(quar.)__
1

_:

SEC

Canada, Ltd.—

1

25c

$1.50

5-13

of

1

20c

Portsmouth

4-29

1

6-

6-

9iy4c

Poor &

4-14

5-16

6-

11-

5-10

<

5-25

6-

8-15

5-20

$1.25
$1.12 ya

(quar.)

(quar.)

$1

common

6-15

11-15

America

of

Engineering & Foundry Co.,

7%

6-15

33c

4-11

6-10

25c

Electric

United

6-15

33c

5-10

25c

t30c
62'/2c

Co.

Power

—

3

Co

(quar.)

Extra

9-15

5

62yac

(quar.)—
(quar.)

&
Co.,

B

United

12-15

5-

4-3©

5-16

25c

Biscuit

Class

1

2-

4-30-

5-16

(quar.)

United-Carr Fastener Corp. (quar.)
United Corporations, Ltd., class A

10-

5-15

preferred A

5-16

(quar.)

(quar.)—_———————

—'

400
50c
12 Vic
3114c
25c
25c

1-1-50

2-15-50

0-20

6-10

933/iC

California

Extra

5-30

33c

6-20

2

United Light & Railways Co. (stock div.)—
One share of Madison Gas & Electric Co.

-

(quar.)_.

preferred

common.

Plywood, Inc.

5-14

6-29

5

of

5-25

■

$25c
t25c
25c
Class B (quar.)
25c
Signal Royalties Co., class A (quar.)
25c
Class B (quar.)—
"
25c
Simmons
Company
;_——50c
Simpsons, Ltd., 4Vi%. preferred (quar.)— t$1.12Vi
Sinclair Oil Corp.
(quar.)
50c
Skelly Oil Co
$2.50
Skilsaw Inc.
30c
Sloss-Sheffield Steel & Iron
(quar.)
50c
Quarterly
50c
Quarterly
50c

5

Co.

7-

25c

87y2c

6-15

A

* J

common

Breweries, Ltd. (quar.)
Mines, Ltd. (Quebec)
Signal Oil & Gas, class A (quar.)

5

:—_______

Co.,

1

6-30

5-

(quar.)

Petroleum

6-

7-29

8-

OH

United

Sigma

11-

$3.65

Pioneer

5-13/
5-14

Sick's

25c

Suburban Water

1
1

1

5-15

5-13:

1

10- 1

92y»c

.

(quar.)

(quar.)___
United Aircraft Corp., 5% preferred
United Air Lihcs, 4% % pfd. (quar.)

5-13

66-

6-15

8-15

7-

.

1

$1.12 Mi

preferred;(quar.)
(quar.)

$3,75

6-

11-15

—

Union

4-29

4-26

25c

,

$3.50

22c

Corp.,
(quar.)

Water

preferred (quar,)
Phillips Petroleum Co. (quar.)——
Pillsbury Mills, Inc., common (quar.)
$4
preferred

Philadelphia

7-15c

1

25c

(quar.)

Electric Co.,

1

6-14

25c

7 %

preferred

7-

■I";

—

(quar.)

Gear,

preferred

$4.50

t

United

(quar.)
(quar.)

Sherwin-Williams Co.

V.

(quar.)

Inc..—

$3.70

5-27*

5-15

62yac

______

Machine

4^20

25c

621/2 c

8-10

11-10

6-

Missouri—

5-25

4%' preferred

A

,

5-10

5-15

8-15

62yac

•;

6-15

Sherwin-Williams

—

Paul

5-16

6-15

1

11-15

62y2c

(quar.)__\

15 c

Shawinigan

preferred C (quar.)
Telephone, common (quar,)——
preferred

Perkins
Peter

1

5-10
6-13

of

Co.

5-25

5-20

62yac

Ltd., common (quar.)
Pennsylvania Electric Co.—
4.40% preferred B (quar.)

Pettibone-Mulliken

Co.

Rubber

6-15

5-20

;t,.

Penman's,

3.70%

Electric

1

5-16

:

25c

1

______

(quar.)—
(quar.)

preferred

Union

6-

6-

(

.__

5-18

1

(quar.)_

_

cum.

5-10

5c

'.

$1.32

St

5-23

»IVic$25c
131 Vic

25c

"

Asbestos

5-14

5-18
4-28-

$1

(quar.)

___J_

Union

8-

4-29

1

5-16

25C

pfd.

1

6-

7%

6%

6-

6-

2

] Quarterly

6-

25C

5-4

6-

.

,

1

6-

$-1.07%

quar.)

—

class

1

5-15

25c

5-18

25c

___

,

(quar.)

6-10

preferred

90c

12-

Co.

Tudor City Fourth Unit, Inc.,
208 South La Salle St
Corp.

9-1

9-15
12-15

50c
62Vic
85c
25c

"

(Del.)

Extra

5-

1

Insurance

1

J45c

r

6-

6-10

-

1

$1.06 y*

1

6-15

Trinity Universal
Quarterly
Quarterly

6-

9

6-

9

1

,

7-

5-

3iy»c

6-

7-

50 c

.

1

6-15

_______

1

7c

Security Banknote Co., common (quar.)
$1
preferred (quar.)—
—
Serrick Corporation, class B (quar.)_.

2

5-10

7-

•

5-10.

15c

9

1

5%

5-

5-25

*

1

1

$1.06 %

(quar.)

5-

7-

6-1

6-10

1

1

6-

6-

(quar.)

preferred

6-10

5-14

,

Co.

4V4%

6-

75c

20c

Power

Trane Company (quar.)_",
Trlco Oil & Gas Co;______

Edison,

6-

6-15

93 %c

1

6-15

r4:>

Water

Toledo

2

6-15

3

40c

(quar.)_

5-16

1

Co.—

common

(initial

Co.

6-

;

7-

Tide

5-20

5-

$1

Oil, common

4-28

.

6-15

5-16

50o

(quar.)l__

preferred

5-

6-25

10c

Union Storage Co.

Acceptance

4-20

V

_

5-19

$3.75

5-15

50c

,

7-

Co.

Surety

6-16

4

—

$1 .32

4VS2%

Securities

75c

preferred (quar.)
cum.
preferred (quar.)
cum.
preferred (quar.)

Peoples

Seaboard

4-30

cum

$1.32

5-20
4-30

5-16

,

—

_■

____

(quar.)

Wheel

.(quar.) •
preferred

$132

6

37yac

.

1

6-15

$1.25
15c
25c

(quar.)

$1

——

conv.

preferred

4-30

V

Manufacturing Co. (quar.)
Page-Hersey Tubes, Ltd
Parkersburg Rig St Reel Co., common
$4.25 preferred (quar.)_____—,
5%

Seaboard Oil

6-

5%

4-30

(quar.)

Coal

1

5-10

5-16

________

Pacolet

Peabody

4-29

5-16

preferred
(quar.)—,—,
Pacific Lighting
Corp.
(quar.)

6-

•6-10

$1.25

(quar.)-—

preferred

5-16

siy4c

1

60c

(irreg.)

Mills

Tide Water Associated

.

3.65 %
preferred (quar.)
Scythes St Company; Ltd., common——

3

6-

3iy«c

(quar.),—

6%

Pacific

5-

Ry.

Company
Manufacturing Co.—

5-15

25c

(quar.)

Co., 5% pfd. (quar.)_
preferred
(quar.)_„

redeemable

5%

6%%

of

Electric

1

6-

50c

,

Dillon

4.30%

5-16

&0c

,

&

Francisco

preferred

$3.40

5-16

6-10

37yac4
35C

(qutfr.)____—
Mfg. Oo.-^——

Outboard Marine

$1.12 y2

_

1

6-10

$1.25

5-14

^

:

6-10

$$1.06

5-14\

—

Oswego Fall? Corp., 4V% % preferred (quar.)
Otter Tail Power Co, (Minn.), common
#3.60

1

13

6-20

pfd."(quar.)

20c

1%

Glass B

6-

..

,

._i_-

conv.

$$1.75

preferred "(quar. ):
1_I
Osgood Company, class A———
•

$$3
$25c

Railway Co. (s-a)
Ontario Steel Products Co., Ltd., com. (quar.)

5-10

t25c

Ontario ta Quebec

5-13
5

preferred A vtc (quar.)_:———
5% conv. preferred A
vtq (quar.);
'
5% conv. preferred A vtc (quar.)—
St. Regis'Paper Co.
(quar.)__——_———
Savage Arms Corp
Sayre St Fisher Brick Co._
Scheiiley Industries, -'Inc.————_____
Scott Paper Co., common (quar.)

Louis-San

"5%

6-10

6-

6-

$1,121/2

—

:

St.

50C

S

....

Shops

Saguenay Power Co., Ltd., 414%

3

6-17

6-30

■

25c
$1

Thompson (John R.) Company__
Thompson Products, Inc., common
4% preferred (quar.)__

5c

(quar.):

3 ;

~

$1

;

Thomaston

6-15

25c

—

3

5-

6-15
6-15

7-

*

5-3

'

5-16

7-

Cotton

Holder»

Payable of Rec.

1

7-

20c

—_—

5-

5-16

Mfg.—•
,
$2.40 convertible preference

25c

—

~

Corporation (quar.)
Royalties Management
Ruppert (Jacob) 4^2% pfd.

'

(quar,)

(quar.)

5-

,6-15

.

50c

_

(initial)

Corp.

Share

Thatcher Glass

50c

(quar.)

Rowe

;5*31'

6-15

,

•

—

When

Per

Name of Company

5-13

1

$1.25

(quar.)__

common

___

6-20
.,

Inc.

6-

$1.25

—_——

(quar,)________

(quar.)

A

Extra

5c

J25c

—

preferred

Monday, May 9, 1949

Holdert

Payable of Jteo.

30c

(quar.)—

Company,

5-31

(s-a)_

-

Corporation

Haas

&

6-20

When

$1.25

(quar.)_

25c

Match Co

Oliver

prior preferred

$1.37 ya

(quar.)

;*%% preferred: A_
Olin Industries, 4% preferred A

preferred

series A preferred

'4%

(quar.)

common

5%

3

Rohm

guaranteed

CHRONICLE

Share

Company,

$1.50

common

(quar.)._:

&

5%

—_;

Ohio: Oil.Company

6-

Rockwood

Corp.—

Co.

Ogilvie Flour Mills, Ltd.,
7%
preferred (quar.)

Name of Company

3

5%

preferred
(accum.)
5%% preferred (accum.)
Northwest Bancorporation
(quar.)
Oceanic

1

7-

—-—

Investment

6-

.

_

6%

North

6-30

each

for

Co.

held—

FINANCIAL
Per

Payable of Reo.

tlOc

(stock dividend)—

Kansas

shares

four

Share

Ltd

Corp.,

&

Holdert

When

Per

COMMERCIAL

6-15

5-31

7-

6-

5%

1

1

Volume

169

Number 4801

THE
Per

Name of Company

.

Woolworth

(F.

W.)

Woolworth

(F.

W.)

preference

6%

v

prior

4%%

conv.

WHgley

50c

5-17

-

,

a3%

•/...)■

'

4-22

5-. 2

,

6-20

»

6-

1

:

been

6-

1

;

a

6-15

6-

1

25c "

6-

1

5-20

gations senior to the

7-

1

6-20

to

8-1

r

;

,

•

.

of
____

(monthly)__—_—
Common (monthly).
Wrisley (Alan B.-): Colhpany—1st

preferred

25c

$1

&. Kiles.
Yellow Cab Co.—

2

(quar.)

5-16

5-16

6-15

$17,200,000,

elosed

for

$5,500,000

7-20
5-

$17,213,500.

$1.25

6-15

5-16

'

dividend.

New

Watef

:

.

"

Nfet

169,

" i-.

;

Power

;

^Quarters Ended

March 31—

'

'"the
feet

tPeductions from
v

gross,

h..'

-

«

**

inc._

oper.

»

1949

80,624
'

-

•

1,034,006

$2,401,647

Net

1

'

^

\

h

664,909
—;

$1,061,882

V 509,480

$1,885,271

280,884

Cash

for-Fed.

'•

the

.

'

717

,1,038
:390,000

245,000

.

income

'•Bales

of

oil

crude

and

886,541

$0.78

and

etc.,

$692,964

'

other

gross

Operating revenues
Oper.

and

exps.

.Net: oper.
Other

$497,004

(net)——

and

auctions
r

1,326,118

/

$500,717

other

(net)
"

'

■

'

•

p.

Other

12,063'

$6,184,269

Operating
Operating

revenues

$4,476,989

$3,962,068

865,050

865,050

rev.

Operating
Other
t

deducts,.-(

inc.

•

276,065
$284,405

'

$322)155

income

•

i..

Income

$3,649,020

$1,148,405

13,407

430,828

8,971

109,800

—"-V.

Income

to

1,\.

■

$1,437,474

'

120,279
113,154
495,000 '529,900

125,600 /<

169;

r $174,880

1272.

p.

•;

'

,

Sales
.

.

.

.

and

•

'

J949

from

revenue

^

'

.

?

■

•

(& Subs.)—Eafnings—

1948

;

1947

,

Other

1946

^

.

$24,128,812 $26,613,424 $14,654,202 $12,929,753
-199,530
231,143
325,018
220,334

income

Total

income

General

&

admin,

Ordinary taxfs

exps.

,

—

Provision for,employees'
,
retirement ; allowances,

$24,328,342 $26,844,567 $14,979,220
$13,150,087
1,344,803
1,309,824
995,390
1,012,641
2,768,481
2,150,096
1,695,086
1,375,172
,.;s-.
,,.781,646

..

'

.

Ihsuranoe3

«'•
•

Depreciation'&? depletion;
for,Fed.

inc,\tax_

-•••"

.

A'niort. of. undeveloped
leasehold costs
and

dry hole-losses (net)-:
Rentals for undeveloped

Net

Common

dividends
dividends

»

I__

4,765,000

1,800,000":

Surplus
Earnings pfer com. share

237,498

30,063

.

.

1949

457,911
310,319

$9,020,208 $11,162,878
178,387
208,165

$5,180,274
250,395
1,599,202

$3,744,555

$3,342,931

'Stressing
of

all

also
in

3,838,086

$7,214,242
i' $1.71

,

20,421

13,942

33,821 '

______

$4,711,083

$5,786,778

$5,353,137

1,056,954

1,776,895

1,471,395

i

;

all

on

$4,009,883

long-term

$3,881,742

one

obligations

of

the

senior

to

company's
the

main

common




$3,124,996

t

EFFECT

TO

PRESENT

$0.77-

and

Toledo

stock

4,500,000

and

be

may,

but

of

subject

1947-1957

in

other

without
the

to

restrictive

V;.

relatively small

a

small

a

amount

of

1978

the
to

as

cooperates with dealers in

and

certain f other

stock,

the

William

F.

from

and
&

electric

charged

of

'

the

the sale

communities

of

served

steam

and

U.

•,

hot

appliances

for

the

of

purpose

general

operations,

approximately

of

2.3%

from

distance

of

about

about

and

miles

60

37

miles

and
and

to

the

clivers

east
an

about

area

of

15

miles

about

and

2,500

to

Toledo Peoria & Western

deposit

from

from

Net

ry.

railway____

railway

$401,293

G5,47i

1947

$362,726

$61,614

145,305
68,628

•13,380

143,054

__l

income

oper.

1948

•'

Gross

from

from

Net

ry,

3,450

•$11,073
*15,613,

•15,769

i,026,401

126,573

•22,042

437,880

385,993

"38,017

*41,836

201,420

172,819

*85,387

•41,755

-

______

income___

•Deficit.—V.

Towmotor

169,

p.

.

1713.

Corp.—Earnings—

Net prbfit after charges
No. of common shares
Earned

per

1949

1948

$217,563

$208,720

313,726

and taxes

•

elimination
V.

Total

net

pfofit for

168, p. 2733.

of

1548

was

$903,285,

or

first

..

1948 TO DEC. 31,

first

^

$23,073

■-

85,500'

;

^

notes

mtge.

..

1948

securities

interim

.

such

of

""

97,709

pipe

line

182,722
Cr342,858

period

Nil
SHEET, DEC.

31, 1948

$0.66

$2.88

share.—

$1,502,540

for

4,560,000

v

pipe..

;

interest

1,400,000
228,054

expenditures
U.

S.

securities)
with
notes to maturity,

6% interim
(less $245,000 int. accrued to Dec. 31,
on

1948)

3,660,000
657,067,

cost:

at

Undistributed

ing

expenditures

reclassification,

Other

deferred

Capital

stock

of

36,215,637 :

predecessor

principally

,

Govt,

—

13,373

to

assets

603,778
386,665
38,787

I_Z

expense

5,471,683

pend¬
intangibles

company,

plant

gas

39,237,
in

Z

79,330

Total

$54,856,153

™

LIABILITIES—

'-Z

♦Common stock Issued (par value
Premium on common stock

§6% ipterim notes;
Accounts payable

due May

50c

share)

per

$1,632,500
26,490,833
t26,500,000

—.

l95l__L___:_i_~ZZZZZ~_ZZ~

1,

Taxes accrued

230,786

;ZZZZZZ~ZZZZZZZIIZi

.

2,034

Total

$54,856,153^.
*265,000
reserved
the

shares

for

Dec.

the

of

20,

of

upon

such

1949.

has been

authorized

but unissued common stock are
exercise of warrants now
outstanding for
shares at $10
per share between Oct. 1, 1949-

issuance

purchase

and

notes

tlnterest

waived

to

on

June

$2,090,000 prindpkl
1949.

1,

agreements

with

amount

the

of

fThe corporation has entered
institutional investors for the

18

June

on

3, 1949, at their principal amount and'
iptefest, of $143,000,000 aggregate principal amount of
first
pipe line bonds, 3%% series, due 1968.
Such agreements:
the payment by the
corporation of a
commitment fee

mortgage
provide

for

for

the

period

1%

per

annum

ment

fee is

from

Nov.

15,

1948

of the principal
being amortized over

to

June

amount
such

3,

of

1949,

the

at

bonds.

the
The

rate

of

commit- 1

period.

The principal amount of the
6% interim notes Is payable at maturIf either the corporation or the
registered owner shall so elect,
by the issuance of cumulative preferred
stock, $3 series, at the rate 6f

ity,

share

total

313,726

$0.69

all

will IssUe

^

ferred

share____

6%
3%%

The

"

'

company
•

status

'

'

fi¬

The

show the

—

receivable
^
Unamortized discount and
expense on 6%
interim notes
:
process of amortization to
May 1, 1951__—____
tCommitment fee

one

Quarter fended March 31—

Government.

report,

-

on

S.

accrued

1946

1,163,303

railway
railway

oper.

S.

sJ

on

(principally

bond purchase
purchase by them

Rft.—Earnings—

1949

U.

this

construction

of

into

March—

deposited With the

Interest

the

square

Company estimates that the population of the territory directly
served was approximately 520,000 at Dec.
31, 1948, of which approx¬
imately 317,000 were located In the City of Toledo.—Y.
169, p. 1927.

Gross

exp.

Government securities,
Accounts receivable

heatihg

wholly within the State of Ohio and chiefly
surrounding suburbs.
The territdry at

are

Toledo

the

Government

contractor's

Cash

Company

electric

of

fabrication

trustee

the>

service.

gas

of

be

company, not currently
the pipe line, have been

of

part of

a

will

the

expenditures___i
plant constructibn advances—
purchase of steel plate

May 1, 1951

$225,000
:

amount

of

notes

fee

Contracts

construction

For

approximately 0:6% from gas service.
Its sole subsidiary,
Realty Co., holds a small amount of real estate for

City

S.

Of

amount

For

Special

present directly served with electric energy comprises the
City of
Toledo, 41 nearby municipalities and 116 unincorporated communities,
and intervening rural
territory. This territory surirounds the City of
Toledo andi extends principally to the west and southwest an
average

..

and

to

For

series

of

plant

Gas

Indiana

,if$0.54

Humphrey,

on.U.
Interim

commitment

of

use

Company's operations
in

6%

discount

aggregate

provisions

instalments

natural

bonds

funds

are

BALANCE

■

1

these

construction

April.

on

net

a

securities.

ASSETS—

2,775,000 shs.

#

than

limitation

semi-annual

; "

'

series

any

issued

these

and board of directors of the
reports during the construction period.
will be Issued the latter part of

of

160,000 shs.

5,000,000 shs.

*

companies for1 the purchase
amount of 3s/a%
bonds due 1968.

company's funds.

of

Gas

6,200,000

preferred stock
$51

realized
of

INCOME ACCOUNT FOR PERIOD
OCT. 5,

300,000 shs.

—__

"

•'•t.

3,825,000

6,200,000

1950—_

$100>

,4

fees, advertising,
working capita),

for

management

reports

2,500,000

(par

series

of

All
the

5,000,000

2,500,000

-

including

balance

company

short-term. securities

the

electricity by its consumers. For the year ended
1948 approximately 97.1% of its gross operating revenue Was

31,

service

1,279,362

,

objectives

in

Outstanding

:—$5,000,000
;

j,

insurance

18

sale

1949.
with

statements, which

of

$32,000,000

due Dec. 31,

it also provides

sells

Toledo

269,894

.

all

Interest

*

—

(D.i- LY

FINANCING

Authorized

1977

The

with

the

3,

connection

Amort,

debt

bonds—

and

Henry S,-vj

Gillette
,

quarterly

A
•

In

Interest

oustanding on Dec. 31,
interest
requirements
on
the

GIVING

issue

$25,000;

aggregate principal

from

June

on

into

Amort,

interest

_

as

of

1,485,097

$3,654,129

stock.

entered

proceeds

invested

$4,610,093

deductions

;';'

Carl

;

common

$143,000,000

23,334

service

Net

■

of

$4,596,151

1,668,000

liquidation:

$2,241,794

2,558,724
$6,283,085

of

$5,332,716

_________

the

of

than

\

been

$5,763,444

1,533,226

,

From Jan. 1—

347,685

quarter).

$17,222,714

.

Rote—The above statement does not Include the ariidunt
collected
for Federal, State and municipal governments in the form
of taxes
on sales of
gasoline, lubricating oils, and other products,
($9,745,303 in
the

$18,133,299

HISTORY AND BUSINESS—Company was incorporated in
Ohio, July
1901.
Company Is an operating public utility engaged primarily in
the production, purchase, transmission, distribution and sale of electric

Net

813,176

share

have

$4,677,262

income

expense
more

no

approximately $48,425,000 from the sale

1945

,

'

;

•

250,000

•

,

$1.38

1

YEARS

1946

.

and

etc.,

•

nancial

1,508,000

\

:

274.-998

.

____

1947

„

and.

(President

Director);

Don

were directed toward the financing of the
pipe Una systentk
financing was Completed during December, 1948, by the sale
2,250,000 shares of common stock and 530,000 units, each unit
consisting of a 6%
interim note
($50 principal amount)
and one

1,014,000

amount

and

which

1,587,976

this

Richmond

Director);

of

1

915,652

of

and

its

1,739,609

(par

D.

(Vice-President

company

of

required

capital

CALENDAR

FOR

funds

general

hew

1,

*4,082;530

387,028

profit

Preferfed

328,087
*

4,285,598

;

acreage—

339,105

4,852,190

1,006,318

■

the

to

93,3.74

350,001-

.

added

income

due

Real

corporation was organized Oct. 5, 1948 for the purpose of
assets, franchises,
permits, etc., subject to the liabilities,
predecessor, Trans-Continental Gas Pipe Line Co., Inc., a Texas
corporation.
Virtually all of the activities of the present Delaware

miles.

_

56,019

.

___—

-r

'

-

obtaining

This

of

1,823,839

•

—

Fed.

stock

southeast

,,,

_

41,^63

,

'

Property retirement

*

v

—___

5,247,765
3,361,000

v.

413,069

443,122

Int., amort, of funded
*
4 debtexpenses,, etc.— V.
Frov.

,,

674,945

to

25 said:

used

1957.

June

Dec.

•„

Othfer

Profit.—

aft<f ')

subsidiary

view

a

by the corporation.
The proceeds will be
the. following manner as received and if less than the full
received, will be expended in the order listed; Organlza-'

trustee

increasing the

operations,
$94^504,724 $94,712,519 $66,322,777 $48,283,479 ;
Costs, and sellfng exps._
70,375,912
68,099,095- 51,668,575
35,353,726
.

with

acquiring

The

1979. series

derived

Mar. 31—

its

catalogue and purchase

a

Transcontinental Gas Pipe Line Corp.—Initial Finan¬
Report—Claude A. Williams, President, on March

1,368,481

cumul.

energy.:

*$794,419,

-

,

Tide Water Associated Oil Co.
Quar, End

$783,165

;

;
'

r$200,991

through

cial

1,137,001

notes, 2%,
preferred

water

Net

be

bank loan iiotes_____—

and

289,069'
' '

-

Federal income taxes

acquire,

101.591

6,919,855

mortgage.,. ,tDue

$1,398,444

11,052

to

DIRECTORS—Jack

Net income for the

.' •Bonds

'$967,615

$335,562

__„

intends

is

expense

1,451,389

series

4(4%

k 2,500,615,

.$295,732

deductions

tional

1,210,443

income

Common

2,725,986

;

j

income

the

not be of vaiiie.
Thq nuinber of such copyrights ""3
Gordon, Kaufman & Real, Inc., has no liabilities. ; » H

AND

$200,000.

7,536,775

mortgage

t2%

?J

11,327
>

,

Total

„

,,\u

,

printing,

$2,500,-

1,601,000

principal

taxes J

-i

of/f.,\

a

(Secretary-Treasurer

in

1,423,512

Cumul.

$3,693,602
*

composers

proceeds will be received

spent

1,700,829

3V8% series due 1978_
3%
series dufe 1979

1949—12 Mos.—1948

.289,286

net

9,426,496

taxes

2%%

before

Federal vinci

V

1949—Month—1948
$560,470
$611,441

_^L_

will

$23,868,129 $20,969,542

revs.

CAPITALIZATION

1,35ft,885

~

talented

and

PURPOS,E—As there is no firm commitment for the purchase of thfe
offered, fio representation is made that all or any of the'

1,631,477

annual

Term

Period End. Feb. 28—

estimated '

total

2733.

p.

1948
is
$1,276,750,
and the
annual
$2,500,000 of bonds of the 1979 series will amount to $75,000.

$5,320,§53

1,707,280

Texas Public Service
Co.—Earnings—
•

168,

OF EARNINGS

income

The

$5,308,890

80,244

i

by

publication
written

securities

1,843,618

income

Net

First

.1

all

owns

of

Income—Interest

125,169

Net income
il_:
$357,218
$322,120
Pref ..stock dividend
requirements for the period
—V. J69, p. 1713.
<

and

the

scores

■

rector*.
?

4Hl

by

Avenue

repairs-

&

operating

2232.

$447,289

143,499

writers

in

show

#

OFFICERS

The
Net

15,292,246

$6,104,025
'

specialize

musical

Kaufman

consist

corporation

12,290,933

for

Gross

16,399,435

85

.

Gordon,

Drezner

occupancy

May 2 on a bid of 101.047.
Competing bids
Corp.
and Salomon Bros.: & Hutzler

proceeds

oper.

Total income

de-

——

for

Securities

taxes

$22,503,460 $20,601,136

$447,204

3,713

-

income

Interest
;

1,315,880

taxes..

and

.

1949—12 Mos.—1948

$1,773,322

revenues.—

income

Gross

$1,312,884

____

of

depreciation.

for

Prov.

Texas Power & Light
Co.—Earnings—
1949—Month—1948

corporation

to

company

ASCAP

Direotor);- Nathaniel R.

revenues.'

168*

Period End. Feb. 28— '*

the

new musical numbers and to build
other: catalogues which it intends to promote
income.
-v
;

100.83;, Halsey^ Stuart &

General

886,541

$2.03

tOperating expenses,'costs, general and administrative
expends, lease
rentals, and taxes, other than Federal income taxes.—V.

■

awarded

Union

-

Maintenance

100,000

$1,801,799

produced,

of

popular music

directly,

'

Operation

668

-

-■

$0.94

gas

of

,,

,

SUMMARY

Total

^$793,632

1,772,456

outstanding
Earnings per share_'_l_in____

'

;

1948

$1,659,159

Shares

V-»

1

intention

which may or may
is less than tivelve.

Tishman,

Norman

ready

company and used to provide part of - the
the construction program of the company.

Prov.
Net

by

be

to

/

'

'

$2,192,836

.

taxes_l__

'

was

authorized and outstanding capitals
& Real, Inc. (N. Y.),
The assets of such "
Publisher's Ascap (American Society of Com¬
posers, Authors and Publishers) membership,
dating back to 1942, and
certain
copyrights of popular music which have not been exploited,*

& Co.,

\

.

etc._—__

Income

the

The

'

$780,998

'

$1,904^76

discounts,.interest,

>

,

the

subsidiary

Co. Inc., 100.79169; Carl M. Loeb,
100.4551,; Kidder, Feabody & Co., 100.531; Otis & Co.,
Inc., 100.35; The First Boston Corp., 100.30.
; :
Dated
April
1;
1949, - due April
,
1979.
Chase National Bank,
New York, trustee. V.„'>
' "■

^..>12,633

-14,460

'

;Gross .income lit—
Provision

$2,178,377

19,605

•»

.»«"»,«'

expected

.

about $12,000,000.—V.

PTJRPGSE—Net

incoine____'_______ "

operating
v

announced

was
are

1950.

was

were:

Rhoades

for

j

issue

(jointly),

$2,687,857

516,376

Other income. credlts___^._i'r_7i.7,_:i7

it

on-a plot-fronting 200 feet on York
62nd and 63rd Streets, will represent a

both

on

3s

as

$1,726,791 ;

.

:

Income, from ^operations_ii^____t;
Deprec., depict.\ cancelled and surrendered leaseholds, and dry holes

1,

and interest.

•

1947

$3,721,862

1,098,059

.

colony,-:

apartments

project,

The

$3,499,706
.>

BUSINESS—Corporation

composed by prominent
unpublicized merit.

stock

Consttuction Co., Inc.—Starts Work

ties Corp. (as sole underwriter) on May 4 offered
000 first mortgage bonds, 3% series due 1979, at

-169,733

-1948

•

These

Co., 2 Rector

'

AND

promotion

amount

'■•

„

■

..

The

investment of

65,279

<"■

.i,'„

■

*

apartment

about March

Texas Pacifid Coal & Oil Co. (&
Subs.)—Earnings—

♦Gross:roperating;.lncom€j.-ii__-i_

•

•;

.

■

31,802

,

'■
'

-

Transfer

and

and

is

and

Toledo Edison Co —Bonds Offered—Equitable Securi¬

-•

■

It

Bonds

was

President;

$122,851

__i_

....

1

Co.—Sells

started May 2 by this company on Sutton Terrace, Manlargest hew non-institutional rental apartment project which
provide residential accomodations for 500 families on the westerly

Place

f

Income
'

and

,

i__——

• \ -

Registrar

intends to engage in the business of
acquiring, pub-.;
promoting .its copyrighted music through the sale of sheet
licensing of its copyrights to phonograph record and '' *
transcription companies, movies, and to otherwise license its musical

Avenue blofckfront, from-62nd to 63rd Streets, marking another
significant step In the northerly expaftsion of the fashionable Sutton.,

•*>'

14&2.

p.

registrar,

York

railway-321,503

.

and

corporation

music

Sutton Terrace—

will

._.

railway

ry.oper.

—V.

The

lishing

3V8% bonds series due Feb. 1, 1978. Of the pro¬
$500,000 were used to repay a bank loan of like
amount and $1,000,000 will be used to finance
expansion.
—V. 168, 0. 2054.
;

Work

(Continued from page 14)

'.4ffoa$'Jan.-1^-'
Net from

.

incorporated ih Dela-W"
April 11, 1949, with a capitalizatioh of 3,000,000 shares of commoh «",t
stock (par $lc),
')

hftttah's

Gross from railway_I__;:_____i__-—______
L,
Nfet from railway_iL__t^l________^__'___'_l__—:

Gross from

COMPANY

The

CorporaKea

income—

-

ware

ceeds

i.fexas & Northern Ry.—Earnings—
-!Mdrch—1949

oper.

agent

St., New York.

gage

'■stist:':-; kmstmrt Hews:

ry.

•

shares of corhmon stock (par
1(f) at 250 per share.
are offered as a speculation.
Transfer

Privately—The
April 1 sold privately $1,500,000 first mort-

company on

•*

'

■

.

securities

1492,

p.

"Transcontinental

Trans-America Music Corp., New York—Stock
Offered.
—N. R. Real & Co., New York, is
offering 1,200,000 .,.,

$96,600,000

York

Tishman Realty &

Net

169,

heading

paragraph ending with
v.
169;*.
S5) should have appeared under '
Gas
Pipe Line Corp."—See v.
169, • •

compositions.

on

V',

$79,400,000.—V.

from

-

.

,

of

been reduced

until May

Tide

SOne share of Madison Gas & Electric for each 25 held
(If approved).
Less British Income tax.
/
*
,'
^
*,Lfess 30% Jamaica Inpome tax. v 1
*

'

stock have

common

»

4

•

}-

172,000

Trust CO., trustee, 100 Broadway, New
York, N. Y„
16 receive tenders for the sale to it of outstanding first
bonds due Sept. 1, 1950, to an amount sufficient to exhaust
the sum of $193,037, now held In the
sinking fund, at prices not
exceeding par and accrued interest.—V. 167, p. 1262.

.

7-30
5-11

f Pay able in U. S. Funds, less 15% Canadian non-residents'
tax.
{Payable in Canadian funds, tax deductible at the source.
N<mrealdent tax 15%;, resident fax 7%.

General

an

July 1,

be

reduction

a

annual basis

in 1933 to $646,000,
1949, the only obligations ahead
shares of $3.75 preferred stock,
Accordingly in the past 16 years obli¬

on

On

following the
first
"Chronicle'' of April

(sec

1821.

p.

mortgage

5-31

$1.50

this

The

will

"

37VaC

Young (Thomas) Orchids, Inc
Youngstown Sheet & Tube (quar.)u—:
not

the

iM,

,

.

.'Textile Realty Corp.—Seeks Bond Tenders—

'4-21

5-31

T.

books

from

stated value of

a

4-21

5-

»

10c

...

2

5-31

*

10c'

Wy^ong

^Transfer;

5-

$1
10c

preferred

4

matter

1492

p.

^'!

(quar.)_„__

4%■ 2nd-preferred' (quar*.)
Wyandotte Worsted (quar.)
Extra
_J

convertible

reduced

reduction of $4,854,000,
common
stock will

of. the

51

Transamerica Corp.—Correction—

/ 7-20

$1.12'/a

(2035)

The

Humphrey announced that by July 1,
1949, through the redemption of 5,250 shares of the preferred stock
outstanding and the retirement of 13,095 preferred shares now in the
company's treasury the charges on such senior obligations will have

25c

Jr., Company—
(monthly)

CHRONICLE

To enhance this movement Mr.

6-15

$1.12%_

FINANCIAL

,

,

6-8-

25c

com.

preferred (quar.)__—__
prior preferred (quar.)

Common

6%

5-14

6-1

>,

.,

(s-a)a*-*—

1

(Wm.);

Common

4%

-6-

.

.

&

President, pointed out that in May, 1933, these obligations amounted
to
approximately $96,600,000, with consequent interest and dividend
charges totaling $5,500,000 annually, At the
beginning of, 1949, the
company had no funded debt,
V

5-14

6-3

■

.-25c

—

Company (quar.)
& Co., Ltd.—

registered

5-31

31 Vic

,.

Holder«

Payable of Reo.

25c

/

Wprthington Pump & Machinery Corp.,
4%%

Share

V

Woodall Industries, common (quar.)_
5%, conv,. preferred, (quar.) „___
Woodward Governor Co.:

When

COMMERCIAL

of

of

points

in

cost

for

and

of

are

the

and

of

$50

principal

authorized

reserved

holds

by the

operation

Texas

each

of

corporation

necessity granted

struction

The

stock

stock, $3 series,

NOTE—The
and

such

536,009 shares

a

a

to

the

gas

of

the

notes.x

cumulative

pre¬

payment.

Power

natural

amount

unissued

certificate

Federal

Louisiahd

but

for such

of

public

Commission

transmission

NeW

convenience
for

the

con¬

system

from

York-Philadelphia

area.

system is estimated to approximate

'

$190,000,000, and

commitments including

substantial

for

Underwriter^ Stewart J. Lee & Co,^ New York. Proceeds will
for drilling and equipping five wells and for working capital.

that construction shall
April 1, 1951, unless the

the Federal Power Commission requires
start by May 29, 1949, and be completed by
latter date is extended by the Commission.

by

of

design

representing 80% nf the cost of fifty 38-passenger
purchased and placed in operation in 1948 were secured from
fcanks in Minneapolis and St. Paul.
The contracts provide for
'Funds

$20,000

of

anents

1'

Dec

1948

equipment obligations
©f $20,000 per month.

,

ACCOUNT FOR

INCOME

CONSOLIDATED

.—--—

—

—-—"-—•*■>

—

of

;

——-

1,4~5~2~673
1,170,890

Depreciation
Taxes, other than Federal taxes on income_r~
Provision for Federal taxes on income-—,——

1,385,627

1,099,454
475,000

~

298,630

Scully

the

said

of

■As

Dec.

31,

-—1———•------

Operating income
income

Other

'Net

22,529

:———

income

Gross

:

bids

$567,693

$617,185

264,700

stock——

share

Earnings per common

—

$355,009

:>

While

the decision
of common
Minister

;

for a great many years' capitalization of
stock dividends, has been treated a3 income for
and that "there is nothing new about the decision

Canadian

the

Subsection

3, and reads as follows:
as

result

a

readjustment

QUARTER J----:

of

undistributed

its

and taxes——■*---—•--/

expenses

r

4,620,836

5,054,368

shares

immediately

"$19,794
;

4,216

>,

•— i

•—

$197,653
5,655

"$15,578

''$203,308

63,110

income
Interest on funded debt—
Amort, of discount on funded debtMiscellaneous debits

60,048

'

■

way:

had

-.-.

— — —

2,527

■

taxes

depreciation.

$100.-

par

"

$52,788

"$81,215

income

corporation's

U.

etc——

—_-■—

(at cost)—

Receivables

at cost-:.

-

with

214,469

directors

did

—

_

..

.

stock without par value—

L_

stock

—

collateral trust bonds, due Oct.

1964

1,

Serial notes, 2%,

payable, 2%,
Feb. 1,
1950—

due

$20,000 per month

Accrued

be

must

tion

is

Deferred liabilities

————.

injuries and damages
Reserves for tax contingencies——
Reserves

for

Reserves

for

432,763
59,750
1,651,839
684,184
858,391
297,948
592,185

—r-

—

—

deferred

—

maintenance-—-—

61,000
1,834,861
492,103
676,235
297,948
592,185

^

p.

$40,694,331 $39,669,476

—:

Total

"

for depreciation of $24,748,279

"After reserve

tRepresented

1947..

229,315

by

shares

at

in 1948 and $23,719,730

168,

value.—V.

stated

2054.

would

the

escape

/

contain

similar

no

86,200

tion

on

April 19 filed

per share.

'

•

.

United

.

■

!

■

'

J

Corp.

Cigar-Whelan Stores

(&

sales

Net

profit

No.

of

■

per

—

1948

$17,764,286 $18,327,009

shares-——;

share

89,460

109,989

__

common

Earned

Subs.)—Earns.
1949

Quarter Ended March 31—
Net

-

'

•

-

-

2,303,164

*

2,303,164

$0.03

stock

not

until

effective

be

the

had

per

per

of

share

The funds are to be, borrowed from the National City Bank, New
York, Central Hanover Eiank & Trust Co., and Mellon National Bank &
Co.,
in the amount of $5,850,000 each, and $1,950,000 from
Harris Trust & Savings Bank.
The borrowings are to be evidenced by promissory notes maturing
Trust

August
approval

1,

1950, renewable at the option of the company with
for two additional periods of one year each.
Interest
.

be payable at

2xMrU

during the initial period.—V. 169, p. 1821.




SEC
will

assumption that

approved

share

securities

of U. S.

are

each

May

10,

dividend

a

stock,

common

$1.50

of

payable

per

10,

June

1949. Previously, the company paid
and, in addition, disbursed an extra

5,

quarter,

March

on

declared

26

outstanding

record

$1.25 to $1.50 Quarterly

1949.

May 2. said in part:
"Dividends

cumulative

25;

declared

7%

preferred

including

a

stock

and

$6

dividend of

special

share on the
on
the common
share declared on Jan.

totaled $7
per
share

1948

year

these

$52,188,656

together

$1

per

with

declared

dividends,

total
was

and

to

United

and

wear

out

replacements
Steel's

States

of

1948

provisions

exhaustion

"The extent to which

be

disbursed

good judgment on

for

the

the expenditures made

short of

$77,000,000

of

of

facilities.

construction

of
1948
during

year

in

Expenditures
amounted to

program

ever

spent

ap¬

for facilities

the current earnings of any corporation

of

was

its

the part

declared

for

of the

1948

by

United

States

represented

Steel

40.3% of the 1948
be borne in mind
this balance remains in the corporation for the good of all of its

stockholders

profits

for

re-invested
and

corporation.

that

in

the

increases

to

year.

The

remaining

business.

that

should

the

extent

stockholders'

equity

in

*

>

,

It

"

be of interest to the stockholders to know that during the
47 yearc from Jan. 1,
1902, to Dec. 31, 1948, dividend declarations
amounted
to 68.1%
of the total profits of United States Steel for
that period. During the past 20 years, that is, from Jan.
1, 1929, to
may

31, 1948, 85.9% of the total income of United States Steel for that

period

was

ordered

to

dividends."
In

his

(estimated

expenses

BUSINESS—Company was organized in Maine Sept.

public

a

southeastern

in

utility

operating

and

southwestern

Utah

central

Idaho,
also-

is

and

Wyoming

were

properties.

■

properties
transferred

.

July, 1944, : Traction company-sold its transportation:
to Salt Lake City Lines, a non-affiliated company, and
its electric and other remaining property* to Utah comIn

In consideration whereof Utah company assumed, all the llabiliTraction company, forgave all indebtedness of Traction com¬

pany,

ties

in Salt Lake City,
and also owned certain electric
light properties which it leased to Utah; company and
operated by Utah company In connection with its owrt

system

and

power
which

*

of

it,-and surrendered for cancellation all of Traction com¬
pany's outstanding capital stock.
Traction company has not yet been
dissolved, but It is merely a shell corporation owning no property
and having no assets.
\
,
due

pany

.

PROGRAM—The construction program of company

CONSTRUCTION

inclusive, will require ap- >
and
that
approximately $11,000^,000 will be expended in
1949, approximately,
$14,570,000 in 1950, and approximately $16,580,000 in 1951.
Its

and

for the

subsidiary

years

1949-1951

proximately $42,150,000 during that period for additions to its
its
subsidiary's properties.:. Of this amount it is anticipated-

1979 series bonds, together with
will not be sufficient to carry the proposed
of Utah and Colorado companies through 1949.'
conditions
and
other
related factors permitting^

proceeds from

the sale of the

company's available cash,
construction

and

program

market

by appropriate governmental authorities,
to issue and sell common
of stock for each eight,

subjects to authorization

it is

the present intention of Utah company
stock on the
minimum basis of one share

stock now outstanding, and coincident with,
sale of common stock, to issue and sell, if
first mortgage bonds (presently estimated
not to
as may be required "to finance the balance
of the
1949
construction program.
To the extent that Utah com¬
pany's resources are not sufficient to met its construction expendi¬
tures
in
1950
and
1951, Utah company anticipates that they wilf
be
provided for by the issuance of such additional securities, from,
time to time, as Utah company deems most desirable.
shares

the

of

common

subsequent

such

to

such additional
exceed $3,000,000)

necessary,

GIVING

CAPITALIZATION

EFFECT

remarks, Mr.

TO

PRESENT FINANCING

Outstanding

mortgage bonds;

2%%

series

due

1976

318%

series

due

1978

series

3%

be

paid

to

the

-

sinking

fund

notes

under

loans

(no

3,000,000
3,000,000
3,000,000

..

•

"

due

11.500,000
tl,500,000 shs.

,

stock

Common

bank

3,000,000

1973-—

debs, due

1956

to

1947

[$250,000,000
j

1979.

par)

"8,500.000
1,185,241 shs.

$500,000 payable Nov. 1, 1949.
1948, the capital stock authorized under Utah*
certificate of organization amounted to 1,250,000 sharest
(no par) of which 1,185,241 shares are issued and outstanding; Utah:
company submitted to its stockholders at their regular annual meeting
held Oct. 20,
1948, a proposal to amend said certificate of organi¬
zation so as to authorize a total of 1,500,000 shares (no par), and
"Does

not

tPrior

include

to

Oct.

20,

company's

proposal

was

adopted.—V. 169, p. 1821.

Utah Ry.—Earnings
railway

$201,676

from

29,846

Net

ry.

Net

from
ry.

stockholders

in

the

"

"

1946

607,375

498,099'

152,800

"60,265

$166,141
33,44T
19,420'

109,053

67,919

53.39S

.

.

1—

574,237

railway

from

Net

M5.883

income.

oper.

1947
$183,741
42,000
16,448

'53,856

From Jan.

Gross

;

$87,766

railway—

from

Net

1948

1949

March—

income—

"Deficit.—V.

483,198

22.862

3,514

"15,534

"26,154

railway

oper.

169,

p.

-

1714.

form

of

Van Raalte Co., Inc.—Earnings—
Quarter Ended March 31—'

.

1949

"Net

profit

Common

outstanding^l_____

$5,817,357

532,119

i

shares

429,867

387,948

$4,970,560
444,525

387,948

$1.11
share-—
$1.37
"After
provision
for
depreciation,
profit-sharing
and
charges, including Federal taxes.—V. 169, p. 1273.

Earnings per

1947

1948

$6,661,886

258,632
$1.72

common

Victor Adding Machine Co., Chicago—Record

all

other

Sales—

formula that combines efficiency and cooperation to
production
and,
in
turn,
provide " larger profits for
employees, this company announced that $258,395 was credited to the
accounts off shareholers in its Employees' Security Fund in 1948.
This
sum
which
is lightly
less than half the amount U6ed for
employee benefits and personnel activities was made possible by the
greatest sales volume in Victor's history, according to G. H. Turner,
Vice-President in charge of personnel.
Victor employees
become eligible for participation in the Security
Fund after they have been with the company a year.
Distribution of the company's contributions to the fund were made
on
Dec. 31,
1948 on a basis of two
shares for each year of service

Following
permit
high

prior

to

shares

a

and one share of reach subsequent year.
Additional
given for each $100 in base pay earned by the member

1944,

are

during the year.
The

assets

of

The shares for 1948 are worth approximately $5.50as of Dec. 31, 1948 totaled approxi¬

the Security Fund

.,

Olds also reviewed

and expansion achievements

due

$32,000,000

k

—

should

through the declaration of dividends involves the exercise

"Dividends

Dec.

is

and

..

directors of the particular cor¬
poration in the light of the situation of that corporation. The con¬
trolling
facts
and
circumstances
differ with different
companies.
What may be sound and proper in one corporation may be inadvisable
in the case of another concern. It would seem proper in the case of
many
corporations to conserve a part of large dollar earnings in
years of unusually high or abnormal business operations to build up
a fund for
the needs of years In the future when industrial conditions
possibly may not be so auspicious. Then again, it may be much wiser
in
a
particular situation to use some of current high profits for
capital purposes, such as the building of needed, new facilities, rather
than to attempt to raise the funds for this purpose through borrowing
or
through the issuance of additional stock.

"It

in
of

■

Gross

income, the sum of
remained for re-investment in the business. This amount,

additions

the

„

per

-

$146,000,000,
on

'

Company has two subsidiaries, Western Colorado Power Co., which
supplies electric service In the southwestern portion of Colorado, and! .
Utah Light and Traction Co., which owned and operated a transpor¬

such

the

for

1949.

for

proceeds

annual

the

by

Irving S. Olds, Chairman of the board, in his remarks
to the stockholders at the 48th annual meeting held on

that

to Retire Pfd.—

has received SEC authorization to borrow $19,500,000
from four banks for use (with treasury funds)
to redeem all of its
outstanding Prior Preferred Stock.
company

where this corpora¬
the

v

stock,

100.8091.
Nine other
Equitable Securities

of

Authorized

April

on

presently

holders

$1.25
$1

;

liability.

tax

directors
on

to

bid

public utility holding company under .the Public Utility
Holding Company Act of 1935.' It is-.engaged principally T. In the
business of generating, transmitting, distributing and selling electric
energy throughout such territory, and to a limited extent in providing; ,
central, steam' heating service In the commercial distflct of Salt Lake •
City:
' '
• '
'
' ''

Serial

59.7%

United Light & Rys. Co.—Bank Loan
The

on

share amounts to $20.58.

per

The

a

3s as follows:

registered

a

But, according to the tax ruling, these sellers failed

Canadian holders

profit
-

connection

provision in

is not required.

approval

Common Div. Increased from

1949

on

.,

estimated

AND

It

1912.

3 Vz %

share

2

by the company will

COMPANY

northern

income

$0.02

-r-V. 168, p. 1946.

received

be

1st

a

shares of capital stock

by stockholders at $3.25

Scully
stock¬

in the stated value of shares

$275,200,000—the largest amount
by .United States Steel in a single year. : -

letter of notification with the SEC
(par $1), to be offered for subscrip¬
-The Enterprise Corp., 70 Pine
Street, New York, a substantial stockholder, has agreed to subscribe
to 10,000 shares and has option to purchase any shares not subscribed
for by stockholders.
Enterprise may resell the acquired shares. . Pro¬
ceeds will be used for working capital.—V. 164, p. 870.
The company

for

the

of surplus.
law, an Increase

proximately

City—Files—

deducting

to

disturbed by the
fact
that they may, at any time,
find themselves in a position of
having, a tax liability because of the action of a directorate trans¬
ferring sums to capital account. In the case of Steel, the net taxable

1948

Tyson Bearing Corp., Jersey

that

of

value

ago.

approved by stockholders. In New Jersey,

"After

in

stated

However, Mr.
respecting Canadian

years

Canadian stockholders sold their

increase

to

May

bonds as

to be approximately $2,984,273
and excluding accrued interest >
initially become part of company's
general funds and as such may be applied to any of its corporate
purposes, which include capital expenditures for construction.
PURPOSE—Net

after

Securities

the

$100

situation

the

incorporated, stockholders'

Some
the

laws

tax

Canadian

of

400,000

——

——

!

taxes

609,793

to

260,000

notes,

Accrued interest

400,000
272,381

—-—

-

current maturities
Accrued vacation pay
—
:

Serial

6,342,025
8,395,640
5,975,000

693,756

contracts, 2.75%
—
due Dec. 1, 1949—-————
Accounts and wages payable

Equipment

Notes

9,655,250

6.342,025
8,306,598
5,975,000

——

surplus

Earned

$4,274,850

reduction in capital

Capital surplus, arising from

4%

$4,274,850
9,655,250

stock (par $50)

convertible prior preferred

tCommon

11

some

alter

capitalization
the

However,

LIABILITIES—

5%

$40,694,332 $39,669,476

to

restores

$75

to

not

meeting on May 2.
-Tata!

three-for-one

the

down

States

the

awarded

was

received for the

May 1, 1949; due May 1, 1979.
Interest payable M-N
City at the principal office of Guaranty Trust Co.
York, corporate trustee. ....

or

Under

676,235

858,391
218,218

—

:

charges

74,120
1,374,072

the

of

this

United

17,855
746,201

1,540,030

—

fund

Injuries and damages reserve
Deferred

increased by $217,581,300 to
split, the stated value repre¬

was

holders.

1,337,000

8*'8™

r—

and supplies,

Materials

$35,229,524

1,211,951
875,000

~

-—-——■

^

Government securities

S.

capital

outstanding share will be $33Vh.

each

written

declared

1947

1948

$35>88:ji8®3
f3,875

equipment (net)————

deposits,

Special

by

action

stock

BALANCE SHEET, DEC. 31

CONSOLIDATED
ASSETS—

Cash

sented

the

"Road and

stated

series due 1979, at

.

the

'Sofne stockholders have drawn Mr. Scully's attention to the fact

"■Loss.
-

the

increase

to

shares

common

Thus

$870,325,200.' After
Net

that enough of this
outstanding
capital from $75 to

voted

directors

the

Then

Issue

The

86,677

income

on

no

i-i
,

Federal

economic

$270,000,000 be added to the stated capital represented by

1,266

2,526

>

;

provision affects Canadian holders of Steel common stock in
The directors in January restored to surplus $270,000,000
been allocated to depreciation reserves in 1935
to cover

This
this

which

-.Gross

a

the

before

•

of the business at that time."

Operating income
Non-operating income

a

or

capitalized,'

reorganization or readjustment was
completed, equal to the proportion of the undistributed
income so
capitalized, that would have been payable to him on the winding up

the

Operating

corporation or the
any
part ,of the
dividend shall be
by each of the persons who held any of

received

deemed to have been

-

is

hand

on

.

100.619;

tation

contained Is Section 9,

of the reorganization of
capital stock, the whole

income

the

last' year,

■■".! "■

is

feature

this

revised

were

noted.

he

which

under

laws

tax

income

continued,

was

provision

Offered—Kidder,

Co.—Bonds

Light

&

(as sole underwriter) on May 4 offered

York

New

6,

.

.principle

The

for

demands which, if made and granted, would necessarily
producing steel." See also V. 169, p. 1928.

.

Canadians held 91,789 shares of United States
.

'

satisfying, what now
steel products. Fur¬

in

demand

accumulated

Dated
New

as

purposes

"When,
,

—

well

as

government plan for adding
has been suggested.

capacity,* as
a-factor

be

Merrill Lynch, Pierce, Fenner & Beane, ,100.619; Union
Securities Corp., 100.583; Halsey, Stuart & Co. Inc., 100.55; .Salomon
Bros.
& Hutzler,
100.55; The First Boston Corp.,
180.54; Carl MLoeb, Rhoades & Co. and E. H. Rollins & Sons (jointly), 100.5099; r
Otis & Co., Inc., 100.40; Lehman Brothers and Bear, Stearns & Co.
(Jointly), 100.259999. •*
,i;/.
....
. ;

that

case."

this

.

STATEMENT FOR FIRST

-CONSOLIDATED INCOME

in

same

$302,992

onsprior preferred

earnings,

262,175

—•—

income

Dividends

36,476

.

abnormal de¬
by-,,
Mr.

cost of

Power

were

Corp.,

tax

1948,

said

Scully

taxation

——T——

.

deductions

Income

v.*

Mr.

the

101.25 and interest..

.

stock.

common

any

ingot
to

$3,000,000 first mortgage bonds, 3%

.

$580,708

$545,164

these

Utah

.

Steel

that

prices for steel products would appear to be in-<
provide an adequate return on the huge investment ,r
proposed new steel mills."
•
•
7

higher

for

Peatoody & Co.

liability of Canadian stockholders would
date from the approval by directors of the recapitalization plan last
Jan. 25.
'■*/ v.-vt-/.
Mr.

the

into

Olds also told the shareholders that "there are rumors of forth¬

Mr.

definitely taxable as income/' V. M. Scully, Deputy
National Revenue,, stated in Ottawa, Canada, on May 3.

of

whether

new

time

in

former

the

increase the

'

.;

of

coming labor

stock to 26,109,-

"are

of

tons
out

needed

1

.

indications

clear

are

questionable

million

c'arried

thermore,

Held Taxable Under Cana¬
is taken from the "Wall Street

'

government

evitable in order to

8,703,252 shares, without par value.

from

United

stock

262,980

maintenance

Provision^ for deferred

2,273,688

2,780,616

most

15

be

The

"benefits" to Canadian stockholders resulting from
States Steel Corp. to increase the stated value

Any

1947

'

Maintenance

shares

Journal":

$18,948,941 $16,680,822
10,603,365
12.700,968

•

May 12, 1949 must be accompanied by due bills.
The split-up will increase the outstanding common

dian Laws—The following

YEARS

is

remains

Increase in Stated Capital

be at the rate

1948

Operating revenue
Operation
■

Increased

three-for-one basis,

on a
from

stock

common

the

observed:

or

could

the
the au¬

split-up

to

"there

that

...

756

r

CALENDAR

proposal

a

10

15,000,000 shares to 45,000,000 shares
stockholders' voting rights to three votes
per share,
.
'' '
.
•:
The stockholders also approved an increase in the total stated capi¬
tal represented by outstanding common
stock from $652,743,900 to
$870,325,200, or a total capital increase of
$217,581,300. Of this
total increase, $38,462,801 was transferred from existing capital sur¬
plus, thus eliminating the balance in this account, and the remaining
$179,118,499 from earned surplus. The changes In capital surplus and
earned surplus accounts were made effective
as of Dec.
31, 1948,
and increased the stated capital represented by the no par common
stock outstanding prior to the split-up from $75 to $100 per share,
thus restoring the capital of the common stock to what
it was in

.

and now P£ovi<le *orr. *
July 1, 1948. After tne
made, payments on the

and they will also

commence,

Olds

increased the preferred

and

due

and payments of-,

prepaid, and the maturity dates

were

remaining serial notes
were changed
payment of $20,000 per month commencing
final payment on the serial notes has been

'the'

stock

common

thorized

payThe total
were

March 1, 1950.

beginning

month

per

the

Asserting

the Secretary
will distribute
on or about June 2,
LB49 two additional shares of common stock for
each share held as of record May 12,
1940. The New York Stock
Exchange ruled that the common stock be not quoted ex-said dis¬
tribution until further notice, and that all certificates delivered after

buses
local

contracts is $693,756.
At the time arrangements
made for funds to pay for the buses, the $400,000 serial notes
amount of

present

approved

2

May

on

of

entry

for steel
products, which„ came into being largely as a
product of World War II, is fast becoming a thing, of „*the past,"

April, 1927. (See V. 169, p. 539).
Subject to filing of Certificate of Amendment with
of State of New Jersey on May 12, 1949, the company

Co.—Annual Report—

'Twin City Rapid Transit

stockholders

The

from

suggested

the

mand

be used

Corp.—Split-Up Ratified—

United States Steel

to

business.

"It

the line is such that its delivery capacity may be
approximately 340,000 MCF of natural gas per day to
approximately 505,000 MCF of natural gas per day by the con¬
struction of additional compressor stations. * On the basis of . present
material and labor costs, the corporation, estimates that the cost of
providing such increased capacity will be approximately $43,000,000. ,
Such on increase in cupacity would require an additional cerfcificateQf public convenience and necessity from the Federal Power Com¬
mission for which the corporation intends to apply in the near future.. .
J3uch
an
increase
would also require additional supplies of gas,
additional gas sales contracts and additional financing. The foregoing ,
estimated
cost
does not take into consideration any underground
storage capacity, which the Commission, in its opinion granting the
corporation's certificate, indicate might be required in connection
with an increase in the capacity of the pipe line.—V. 169, p. 1342.
The

increased

opposition

steel

April 26 filed a letter of notification with the SEC
800,000 shares (10c par) common, to be offered at 37Vic per 3hare,'

The company on

into pipe, certain equipment and
project. The certificate granted

plate, the fabrication of such plate
the engineering
supervision of the

his

Shreveport, La.—Files—

U. S. Oil & Gas Corp.,

madesteel

the 'corporation at Dec. 31," 1948 had
contracts for the purchase of

therewith

connection

in

Monday, May 9, 1949

FINANCIAL CHRONICLE

&

COMMERCIAL

THE

52

the corporation's

production

during the post-war period and reiterated

mately $1,400,000.
As in the past, the major investment of fche Fund
was
in ■ government
bonds, with other investments in public utility
and

industrial

bonds.

Volume 169

Number 4801

-*

THE

Virginia Electric & Power Co.—Registers With SEC—

Harriman
&

The company on May 4 filed a registration statement with the SEC
covering $20,000,000 first and refunding mortgage bonds, due June 1,
1979. The names of the underwriters wijl be determined
through com¬

petitive

bidding.

Proceeds

will

be

1928.

p.

for

used

construction.—V.

COMMERCIAL

Dated May

option

169,

of

Co.,

Inc.,

Stone

&

whole

Virginia Iron, Coal & Coke Co.—Earnings—
3 Months Ended March 31—

Total

income

Total

—1

.

Estimated

1949;

1,

the

due

May

at

company

from

time

days'

published

or

60

Earned

per

169,

shareu

common

"

1606.

p.

106,540

5,900

$43,282

Nil

$0.23

1—

:

'i:.

30,000

$8,060

profit—————!

to

March—

Net

ry.

$2,154,057

railway_____.

467,476

income—

289,289

162.276

8,891.861

Jan.

1946

$3,219,689

272,358

cost

169, p.

Three

mtge.

793,736

due

487,339

General

8,459,285
2,384,173

9,381,836

7,559,668

4,089,818

2,725,778

1,953,038

1,502,661

2,512,748

1,765,728

5%

Dec.

3%

in

Provision

1949

$9,745,678

856,589

1,174,123

inc.

on

52,030

on

profit

taxes

slock

$0.29

$0.43

Ward Baking Co.—Earnings—

Net

profit

No.

of

—V.

after

per

/

.

'

•

-

■'

'

•

all charges
*____
shares———J

common

Earned

.

Mar.

26, 49 Mar. 20, '48

$663,272

$635,845

721,256

719,390

$0.80

$0.73

—.

share—

common

of

with

I no

a

the

New

AND

York

York,

sales

Net

income

and

Earnings

revenue—

(for

6,412,410

share™______________

common

!_

1,000,000 shs.

,

Edison

$3.71

Co.

of

—V.

5, 1900. Since
has owned all of

under

The

169,

Edison

the

Co.

direction

have

of

a

requirements
company)

the

in

the

consolidated

earnings

(& Subs.)

for

the

period.

been

1949

'

revenues

„!
natural

of

plant

acquis.t.on

General

taxes

Provision

Spec.

chargeable

income

conversion

1,089,136

1,000,000

Co.—;

806,600
58,100

Oper.

Patterson.

and

exos.

Operating

stock

918,217

_———

Income

of

Earnings
On

—

number

1606.

p.

-

of

510,000

561,007

B.

pania Azucarera

Boca

formerly

Ch!ca

C.

$1.39

$2.82

$1.51

Operating

board

by West Indies Sugar Corp.,
Iluntling Howell, formerly.. President of Boca
Chica,
the West Indies organization as
Vice-President
of
sidiary, Cuban Dominican Sales Corp.—V. 169, p. 1342.
W.

week
of

output

ended

1.98%

week

of

of

April

over

the

30,

the

1949

output

of

has

also

its

The
of

a

with

amounted

of

of

SEC

the

this

/

its

500,000
Rothschild
&

&

Co._

subsidiaries have

with the simplification
Holding Company Act;

I

Power

and

12

Co._

MONTHS

$26,332,102

—

.$2,829,622

$1,6&9,814

1,731,016

—V.

$936,663

—

$245,280

$1,098,606

joined

120,860

451,180

428,676

3,829,881

ft._

169, p.

The

SEC

has

scheduled

..

the filing
designed to
integration require¬

and

-i

1

West Penn Electric

.

4,218,218

10,355,914

10,409,370

'1949

$2,142,870
1,518,735

'

Stuart & Co.

^

$1,838,974

for

hearing

Co.—Bonds

Trie, and associates

1979, at 102.806 and interest.

iN. Y.)

and cash

on

May

17.—V.

$619,197

$553,188

29,450

27,147

$654,503

$648,647

received

at

was

the

awarded
sale

for

May
3s

-Earnings—

1?49

1948

$360,753

$381,952

$341,701

57,531

93,354

-62,671

7,281

23,558

34,688

21,477

23,077

988,352

978,473

162,58)

84,39#

53,590

73,15#

/

•

—

income™

railway
railway

1,030,202

...

1947

,

1,110,213:

146,206

income—.

1946

"

$332,163

264,639

57,624.

114,546

169, p. 1606.

Wheeling & Lake Erie Ry

Net

ry.

Earnings—
1948

1947

1946

railway——
railway

from

Net

—

1949

from

$2,720,425

$2,636,903

$2,482,942

910,676

857,696

1,017,151

190,167

income—

601,057

-589,865

645,220

151,025

4,589,76©

oper.

from

Net

$1,759,561

—V.

railway—._

8,164,798

7,851,250

6,616,485

railway-

from
ry.

2,844,568

2,700,786

2,496,129

790,923

income

1,905,625

1,973,647

1,631,900

599,195

oper.

169',

1493.

p.

Wilson

&

Co., Inc.—Partial Redemption—

corporation has called for redemption on June 1, next, through
operation of the sinking fund, $1,142,000 of first mortgage bonds, 3%
series due 1958, at 100% and interest.
Payment will be made at the
Guaranty Trust Co. of New York, corporate trustee, 140 Broadway,
New

York,

N.

Y.—V.

169,

Wilson Jones Co.

1162.

p.

( &

' .-V

•

sales

Cost

of

"

,

•

Sub.)—Earnings—

6 Months Ended—

Feb. 28,'49

Feb. 29,'4#

$5,512,000

$5,694,000

5,119,000

5,059,00®

$393,000

—

sold

goods

profit

and

from

expenses.

operations

$635,00©

income

40,000

3,000

$433,000

Other

income

$638,000

deductions

Provision

for

] 1,000

Fed.

income

taxes

(estd.)u

7,000

164,000

*

income

241,000

$258,000

surplus,

beginning

!___

$390,00©

1,556,000

1,273,00©

$1,814,000

fiscal year

of

Total

sui-p'.us

•___

...

Dividends

$1,663,000

221,000

$1,202,090
1,492,090

$0.88

$1.48

Feb. 28,'49

Aug. 31,'48

—_1

;

Capital surplus

461,000

$1,593,000

1,509,000

surplus

Earned

per

i_
share

common

253,523

240,774

stock dividends

$395,124

$339,561

67,503

-

$400,669

—

63,778

97,504

.

avail,

hand

and

and

on

notes

demand

deposits

receivable,

less

$990,000

for

Officers'

refund on prior years' income taxes.
employees' notes and accounts.
plant and equipment (net)—
charges
-,

and

stock

com.

$303,165

$327,620

$275,783

$1.38

$1.49

$1.25

(220,000 shares;
2332.
'

__

Auto

Supply

Co.

Deferred

Patents,

less

1948

Note

$11,194,844

11.135,718

12,462,920

payable

Provision

for

provision

for

Federal

tax

stock

brought about mainly by

operating

preparing

169,

■

591,090

1,509,000

1,593,000

$101

2,948,000

1,509,000

(par

1821.

p.

1,556,000

;

$7,580,000

t

Wisconsin Central Ry.—Earnings-

increased

salary

and

wage

rates.'

The

March—
Gross

ry.

*

From

Gross

Net

Net

1949

1946

$1,658,975

$1,484,625

1,389,020

———__—

Jan.

1,256,891

1548

$2

1946

1947

$1,904,676

449,887> $2,227,900

539,640

646,403

7221027

22,256

277,663

325,727

441,908

"289,73®

6,505.681

6,854,579

6,008,994

.5,408,69®

1,218,503

1,395,752

1,430,237

714,2GB

395,000

462,793

673,304

"22,575

1—

from

frcm
ry.

'

$2,342,405

railway..—'
oper. income

railway—
railway—

nper.

income

"Deficit,.—V.

Inc.—Earnings—

3 Months Ended March 31—

railway

from

Net

1949

.

from

Net

to

meet the trend of lower prices and lower
an
aggressive merchandising policy and a reduction in,
expenses.
Sales volume for the month of March reached a'

revenues

476,080

2.948,000

surplus

$0.77

Western Light & Telephone Co.,
Operating

$500,000

430,000

surplus

B.

Bamesberger states: The decrease in net profit as compared to
1948 is attributable to loss of gross profit through decreased sales made
at a narrower profit margin, together with relatively higher
operating
costs

$7,580,000

$575,755

—$0.07

share———

2,000

413,000

taxes

383,081

$48,933

per

62,000

'

,

accruals
income

35,000

2,076,000

60,000

$7,343,000

Capital

—V.

earnings

5,000
39,000

958,836

__.

earnings

'

;

$23,657,764

107,434
58,501

inc.

tax

and

Federal

Earned

$22,594,359

—

:

payable—baixk____

Accounts

for Federal income

H.

.

2,134,000

$450,000

amortization

LIABILITIES—

1949

$10,858,641

before

Net

.

3,275,000
173,000

2,000

,

(Mo.)—Earnings—

sales—

Net

-

1,239,000

2,922,000

Inventories
Claim

$718,000

1,191,000

reserve

$7,343,000

for

share

per

SHEET

ASSETSCash

Capital

expenses

3

1C9,

p.

,1929.

*

,

Yonkers Electric Light & Power

series due May

were:




Period End. Mar. 31—

$269,954

__.

income

.

—
_

$227,734

715

Co.—Earnings—

Gross income

Interest

and

—,
:
deductions—

$270,669

_•___

other

73,256

.

$228,187
»

58,291

1,
available
on

for

dividends"—-

preferre'd

$197,413

The

of

First

102.2068.
Boston

Other

Corp.,

bids

101.823;

p.

A

—

50,485

$146,923

"Including
1714.

provision

for

income

—

taxes

and

119,144,367

114,234,89®

$1,251,574

$5,172,092

and

$4,535,435

1,107,901

1,002,116

4,270,453

3,817,390

$255,753

taxes

$249,458

$901,639

Non-opeiating

$718,045

C31

631

2,160

Gross

2,251

$903,799

$720,296

income-

income

$2_7,oo9

deductions

$250,089-

66,839

67.947

270,058

259,449

$i:0,550

$182,142

$633,741

$460,847

$169,896

50,485

—_—

stock

194°—12 Mos.—1948

32,330,409

$1,364,659

revenues

exps.

Income
Net

Dividends

1949—3 Mos.—1949

.32,428,659

453

:

Oper.

$119,410

Net
-V.

bid

electric.—kwh._

Operating

operating income

Balance
a

of

Operating income

Guaranteed unconditionally

on

:____

—-—

Offered—Halsey,

May 5 offered $12,-

on

—:

Sales

Edison Co. of New York, Inc.
issue

.

March—

$580,335

253,834

.

169,

to payment of principal and interest by Consolidated

The

$165,203

1,285,787

$624,135

income

"Operating

000,000 general mortgage bonds, 3%

as

t$8,219

'

Gross

V

1947

1,390,562

.

1948

$2,009,758

.

30,368

Non-operating
.

$57,089

.

the' plan

Lighting

$557,478

CONSOLIDATED BALANCE

168, p.

Net

Westchester

668,895
135,71©

1—-

oper.

Earned

Co.—Earnings—

.

1929.

p.

140,531

1821.

in

company

.

190,399

45,200

contingent charges, i.e. capital fund, interest
mortgage 4'/2%
income bonds, sinking fund
purposes.
tDeficit.—V. 169, p. 1714. -

from

ry.

transactions

Upon consummation of the plan, the property and assets of Railways
consist solely of those related to its
transportation service, and
there will be no holding company in the West Penn
Electric System
having a subsidiary company 'which itself has a sqbsidiary
company.

221,098

for

railway.

from

Total

;

holding

151,782
$969,816

"$42,477

123,934

Wholesale

will

a

198,864
$322,711

general

V

Jan.

Net

Other
—

income

Earns,

the

/

:

44,173

$323,387

1,700,291

profitable level.—V. 169, p. 1714.

which is

Gross

150,000

1949—12 Mos.—1948

$1,379,318, ^$368,994
442,655
423,714

—

owned

•

$818,034

2*7,041

railway__u_

oper.

Net

22,415

company is
volume with

*

ry<

From

$1,635,399

used or useful by Railways in
rendering transportation service,
together with the assumption by West Penn Electric of Railways' bond
obligations, and the repurchase from Power by West Penn Electric of
all of the 583,999 shares of common stock of
Monongahela Power Co.
1

$133,847

300,000

&

Co._

Wood

E.

Retail

for

not

by Power.

Net

1,000,000

14,002

Earnings

certain

$279,214

$641,342

,

•,

from

Net

$2,815,620

income

Net

Net

company

; The plan provides for the reorganization of West Penn Railways
including the distribution to West Penn Electric of Railways stock¬
holdings in West Penn

$100,000

Co.,

847

Provision

compliance

ments of

Net

Property,

to

proposing

276,791

$584,910

46,822

on

from

Gross

—

&

$668,147

Interest deductions

107,666,000 kwh., an increase
105,582,000 kwh. for the corresponding

three of

the

&

Inc

AND

income

Total

company-and

as

4,134

earnings

Other

1948/

plan

are

$1,375,184

revenues

Western

Co.—Weekly Output—
properties

$1,094,825

188,952

sub¬

Plans Further Simplification—

further

underwriters

Com-

'

>

Copeland

Three Months Ended March 31—

electric

$312,799

84,445

—.

corporate

March—

Gross

Total

Preferred

the

of

Joined

West Penn Electric

$363,659

33,290

Western Ry. of Alabama

the

—

$3.22

whose properties were recently
has been elected a director.

•acquired

Power

(including

$7,955,180 $29,477,237

Years Ended March 31—

Gross

A.,

por

278,813

its

income—

electric.—kwh.

Director, Etc.—

Chairman

429,067

290,790

56,432

available

other

and

Accounts

Woolworth,

293,123

90,477

446,491

outstanding-.

West Indies Sugar Corp.—New
Norman

149,954

—

income

Net

stock:

shares

95,203

$650,636

24,696,703

income

"Deficit.—V.

Net
'

stations of

■^

.

$9,654,540 $10,029,49®

"94,393

charges

"Amount

$1,435,741

612,000

___

outstanding at end of» period.—

average

169,

years
secure

26,661,617

deductions

of

Net

common

to

7,288,033

income

Sales

440,030

outstanding during period-

share of

per

shares

On

—V.

number

$1,835,'995

income—,—

"Net

-tOOO's Omitted)

stock:

common

$896,715

accrls.

deductions

Net

$1,875,771

$849,657

Outstanding at end of period—.-

8,193,495

$604,090

income-

oper.

requirements

901,088

440,030

;_

Balance

•Average

8,757,825

$840,232

Dr)

income

Fixed

from the generating

Pollock

E.

P.

QUARTER

Operating expenses and taxes.

Shares

served

7,778,301

income

Gross

Dr27,411

$1,289,687
preferred

2,838,563

The

West Virginia Water Service
on

ry.

Miecell.

Net

$2,776,859

deductions—i—

income

Dividends

the

numer¬

many

Inc.

$3,153,435

taxes—

Sales of gas—-cu.

Net

of

respectively,

Kendall,
Wm.

$2,804,270

85,210

other

$3,442,653

2,855.655

income

(net

Total

13,400

(Cr)

gas

$2,207,904
end

for

principal

1943—3 Mos.—1649

revenues —

Non-operating

902,204

income

Interest

FOR

Period End. Mar. 31—

Net
Other

stock

1,000,000

Operating

998,260

natural

-

From Jan. 1—

Harcld

11,108

taxes_—

to

Co.)

Ry.

1949—3 M«s.—1948

$3,695,887

was

Edison

62,239

___

Federal

for

prov.

44,431

260,845

_

for

STATEMENT

Tidewater Southern

65,726

tax

ry.

INCOME

and

1949—Mohth—1948
•

expenses

oper.

rents

Co.

dispatcher

them,

Thomas

,048,668

adjustments

operations——

to

991,156

169.550

$2,122,694

losses

several

by

250,000

918,703

411.025

ccsts„

Depreciation

Property

the

300,000

EARNINGS

1.404,182

—;
conversion

gas

348,489

SYSTEM

.

revenues

other

—V.

250;000

10 ,773,393

———

Maintenance

Amortiz_tion

load

L.

$17 ,673,000

10,695,451

1,223,910

961,033

Northern Ry.

Period End. Mar. 31—

Other

operated

Equitable Securities Corp. l.OOO.OOo
Gregory & Son, Inc._
500,000

1943

-

$18,162,318

1,386,054

—

Sacramento

Operating
Operating

Company.

purchased

Co

&

Merle-Smith—

&

1,380,367

Equip, and joint facility

:

„■

—Earnings

12 Months Ended March 31—

of

of

names

Otis & Co

Washington Gas Light Co.

AmortizpHon

Edison

amounts
•

&

income—

CONSOLIDATED

Net

Lightl"g

capital

electricity of
supplied irf major part

Mullaney, Wells & Co.

Operating
Operation

the

central

for

are

Consolidated

several

Julien Collins
Dick

1,008,806
319,788

railway!—

oper.

(Incl.

.

Inc.

Consolidated

generating
the System

Halsey, Stuart & Co. Inc.$5,650.000

745.

p.

the

"170,282

10,424,323
2,425,661

"836,000 shs.

York,

1904

Hill

included

are

New

only), New Rochelle, Peekskill and Rye, and
villages "throughout the county.
The territory

follows:

$3.77

giving effect to a $510,867 write-down of product inven¬
tories during the quarter ended March
31, 1949, because of a decrease
In the market value of
products manufactured and marketed.
No part
of the earnings of the Devonian
Co.,; in which Warren owns a 75%

125.000.000

greatest possible overall economy.
Westchester company has no electric

and

•

interest,

ry,

)12,000,000

BUSINESS—Westchester

UNDERWRITERS—The

$59,229,564

—

264,645

8,728,342

$7,790,000

•1

Consolidated

stations of

$73,301,379

_—_

322,073

9.490,423

Ry. payroll tax accruals
Ry. inc. tax accruals.—

Outstanding

gas

and

Westchester
1948

taxes—"6,308.203

after

per

"After

<

1949

623,216

9,111,3G7

railway

"Deficit.

All

Nov.

Inc.,

*$3,151,412
65,152

the

gas

unit

own.

(& Subs.)—Earnings—

9 Months Ended March 31—

Net

from

Net

Ry.

par)—

1946

550,919

Net rev. fx! ry. opers.—

1967( Open-end
j mortgage

1979

1947

$3,085,303

615,335

income—

oper.-

from

Net

the

$10,000,000

1967, due July 1,

1948

$3,251,943

849,056

Prom Jan. 1—

of

bonds,

The

Warren Petroleum Corp.

ry.

Earnings—

1949

railway
railway

from

Net

53

$3,4^5,493

from

Net

more

price

company is a
public utility operating company
manufacture, purchase, transmission, distribution and
in the County of Westchester, except the Towns of
Somers,

in

the

as

'

169, p. 540.

nor

by the Westchester company comprises
approximately 350 square miles
and contains a
population of approximately 600,000.
The Westchester
company has one gas manufacturing plant.
The
gas production and storage facilities of the Westchester
company and

13 Wks.End. 12Wks.End.
'•

in

towns

ous

Period—

30

redemption

a

Salem, Lewisboro and Poundridge; and in the purchase, trans¬
mission, distribution and sale of 60 cycle alternating electric. current
in the
County of Westchester (except the City of Yonkers and the
Towns of Somers, North
Salem, Lewisboro and Poundridge) and in
a
small portion of the
Borough of The Bronx, City of New York.
The
territory served includes the Cities of White Plains, Mount Vernon,

$585,874

v

gold

by Consolidated

New

North

371,800

$393,253

___.

of

Yonkers

'

due

owned

sale of

162,021

248,795

;

Earned per common share—
—V. 169, p. 1342.

,

1,

ser.,

engaged

54,427

162,510

1_
income_J_

___;

taxes

connection

company.
The
Westchester

1948

$9,872,206

for

50-year
1950

series, due May 1,

"All

Co.

31—

_.

and

than

as

Gross

mortgage bonds:

Common

Subs.)—Earnings—

deprec.

initial

Authorized
1st

1,362,375
837,786

Months Ended March

sale:;

the

-

$2,644,983

3,003,286

(&

less

not

on

at

maturity,

the

March—

Gross

incurred

ORGANIZATION

Depreciation

:

part,

notice,

their

to

at

interim financing of
company's construction program.
The estimated ex¬
penses ($229,736) of the Westchester
company in connection with the
sale of the
bonds, will be obtained from that company's general cash.

1821.

Profit be'ore interest,
Interest charges

Net

in

prior

redeemable

are

proceeds
redemption

of

was

organized

Net

time

.

Bonds

1979.

Western Pacific RR. Co.

Morgan

Westchester

3'/2%

Walworth Co.

Fenner

101.099;

&

which

the

1—

railway
Net from railway.____
Net ry. oper. income—
—V.

1947

1°48

$2,182,86$

from

Pierce,

(2037)

CAPITALIZATION

49

■

railway.—

oper,

-Prom

:.

•.

,..

from

from

Gross

1,

any

time

Virginian Ry.-Earnings-

Net

Corp.,

interest.

York

Co.,

.'I'l'V- '

,

plus

the

New

$179,822

77,1

net

Lynch,

Securities

(aggregating $12,264,816) will be applied
on
July 1, 1949, at par, of $10,000,000
Westchester
Lighting Co. general mortgage 100-year
gold coupon bonds, 4%, due July 1, 2004, and toward the
payment
and
discharge of open account indebtedness, aggregating $2,3(HV000
as
of March
15, 1949, due and payable to" the Consolidated Edison
to

1948

$91,131

Estimated prov. for Fed. and State income taxes

Merrill

CHRONICLE

PURPOSE—The

1949

expenses

Gross

101.71;

Webster

.

105.81

—V.

&

101.509;

FINANCIAL

Stanley & Co., 1Q0.4519; White, Weld & Co., 100.4451.

than

.

Ripley

Beane,

&

depreciation.—V.
'

•

169,

income

__

169, p. 540.

York Axle
See

Forge Co., York, Pa.- -New Name—

Brandt-Warner

Mfg. Co.

above.

54

COMMERCIAL

THE

(2038)

CHRONICLE

FINANCIAL

&

CITY DEPARTMENT

STATE AND

BOND PROPOSALS AND NEGOTIATIONS

ALABAMA

Ala.
Elk

Note Sale—The $321,000 8th se¬
ries notes offered April 28 were
awarded to the Chemical Bank

&

Co., of New York, and Asso¬
ciates, at 0.94% interest. Dated
MSy 24, 1949.
Due on Dec. 20,
1949.

(P.

County

O. Greensboro),

Sanitary

District

Bonds
000

Sold—An

issue

Sold

—

issue

An

Wood &
Co., of Montgomery, and the Trust

recently by

George

M.

Co. of Georgia, of Atlanta, joint¬
ly, at a price of 100.763, a basis
of about 2.136%.
Due May 1, as
follows: $1,000 in 1950, and
from 1951 to 1961 inclusive.

$2,000

Lowndes

County (P.O.
Hayneville), Ala.

Warrant Sale—An account

$159,-

to the California Bank, of Los

posed of George M. Wood & Co.,

An¬

"

1, as follows: $6,000 from 1950 to
1954
inclusive; $7,000,
1955
to
1959

inclusive; $8,000 from 1960 to
$4,000 in 1967.

1966 inclusive, and

Selma Housing Authority, Ala.
Note Sale—The $424,000 9th se¬

offered

notes

ries

awarded to the

April

28

were

Chemical Bank &

Fairfield, Calif.
Sale —The

Bond

bonds offered
1930—were

on

$85,000
3%
May 3—v. 169, p.

awarded

to

Bank

the

of America National Trust & Sav¬

ings Association, of San Francisco,
at

price

a

of

105.551.

Sale

are

Tular& County
(P. O. Visalia), Calif.
Sch.

Hope

Dist.,

.

Bond

Offering—Gladys

offered

bonds

of

rate

of

net interest

for the bonds

check

for

3%

of

principal
for, payable
City, is required.

from 1950

Sale

The

—

$849,000 19th

series notes offered April 28 were
awarded to the Chemical Bank &

York, and Asso¬
ciates, at 0.94% interest, plus a
premium of $11. Dated May 24,
Due

1949.

Dec;

on

20, 1949.

Sacramento County Housing
A uthority, Calif.

Denomination $500.

1, 1949.

on June 1 from 1950 to
inclusive.
Principal and in¬

$1,500

1953

terest

(J-D) payable at the County

ciates,
1949.

San

bid

bonds

for,

A

38th

28

Bank

Co.,

of New

York, as follows:

Due

20, 1949;

Sale—The

Due on June 15
1960 to 1964 inclusive.

Co., of New York, and Asso¬
at 0.94% interest, plus a
premium of $14. Dated May 24,
1949. Due on Dec. 20, 1949.
San

Joaquin County Sch. DUsts.
(P. O. Stockton), Calif.

Bond

bonds

Sal

offered

1930—were

e—$760,000 school
May 2—v. 169, p.

awarded

to

the

Bank

of America National Trust & Sav¬

ings Association, of San Francisco,
as

follows:

Lodi

Dist.

Elementary

Due on June 15
from 1965 to 1969 inclusive.

bonds.

Due

on

June

All of the bonds are dated June

1949.
Denomination $1,000.
Principal and interest (J-D) pay¬

rick, Dahlquist, Neff & Herrington, of San Francisco.
Additional

Mendocino

CALIFORNIA
Unified School

Benicia

Solano County

District,

(P. O.

issue

bonds offered May 2 were award¬
ed to R. H. Moulton &

Fairfield), Calif.
Bonds Sold—An

Francisco,
of $104,-

000 school bonds was sold to Dean

bonds.

from 1950 to

Due

on

June

000

,

15. Due $5,000 from 1950 to 1953
inclusive, and $4,000 from 1954 to

Sch.

as

2%s.

Bragg

Union

High
price

Bonds, at a
follows: $112,000
as
2s; $98,000 as 2%s, and
70,000 as 23/4s.

Burbank, Calif.
Bond Sale—The $600,000 sewage

&

The
Bank

second
of

highest bidder

America

National

was

Trust

Savings

June

1

sive.

Second

for

from

l%s

composed

was

1950

to

1959

inclu-

high bid of 100.755
made

by

a

group

of the American Trust




3s. Due on June
1950 to 1960 inclusive.

$14,000

City

Clerk,

will

receive

sealed

Due on June 1 from

All of the bonds

Moulton

The

&

all

Co.,

of

San

Security
First
Na¬
tional Bank of Los Angeles; Wil¬
liam R. Staats Co., Los Angeles;
J. Barth
&
Co., Kaiser & Co.,
Lawson, Levy & Williams, and
Schwabacher & Co., all of San
Francisco; C. N. White & Co.,
Oakland, and Hannaford & Tal¬

bot, of San Francisco. The group
a price of 100.099, a net in¬
terest cost of about 2.404%, for

1, 1949. Second high bid of 100.65

$8,000 2%s, and $14,000 3s was
made by William R. Staats Co. .

$24,000 2y>s.

County School Districts
(P. O. Redding), Calif.

B

nd

Sal e—The

$1,750,000
Shasta Union High School Dis¬
trict bonds offered April 27 were
awarded to a syndicate composed
o

of the Bank of America National
Trust

&

Savings

Association,

Blyth & Co., Inc., and R. H. Moul¬
ton & Co., all of San Francisco;
Security First National Bank of

Angeles; Heller, Bruce & Co.,
Francisco; William R. Staats
Co., Los Angeles; J. Barth & Co.,
Kaiser & Co., Lawson, Levy &
San

.

\

at
a

*

& Trust Co., St.

Commerce Bank

■

Dick¬

Louis, Laidlaw & Co., R. S.

Co., Wood, Gundy & Co., 1
Co., all of New York, :

&

son

-

Mercantile- '

of

composed

group

paid par for the bonds,,
dated May 1, 1949 and

The group
are

mature

May

on

Due

.

15,

122,000 2y4s./

Due

June

on

15
>

104,000 2y2s.

Due on "June 15
from 1962 to 1969 inclusive.

All of the bonds

are

dated June

1949.
Denomination $1,000.
Principal and interest (J-D) pay¬
15,

rett, Chairman, will receive sealed ;
bids until 11 a.m. (DST) on May
13 for the purchase of $595,000
Series M-l" notes.
Dated May 13,
.

fice.

Legality

by

approved

Due on

opinion • of * Robinson,
Robinson & Cole, of Hartford, will
be
furnished
to
the
purchaser
without charge.

FLORIDA

County Special Tax. Sch.
Dist. No. 1 (P. O. Bunnell), Fla.

Flagler

school

;

Details—The $75,000.

Sale

Bond

bonds

purchased

the:

by

?.

Ranson-Davidson Co., on a bid re- :•■«

fleeting a net interest cost of
about 3.17%, as previously noted

.

in

v.
169, p. 1275, were sold at a,
price of 100.07, as follows:
V

from'

$58,000 as 3s. Due on Jan. 1
,1950 to 1957 inclusive.

17,000

3%s. Due

as

1959.

and

>,

Marion County (P.

O. Ocala),

Fla.*

Offering—Ralph A. Potts,

Executive
that

1 in

Jan.

on

*

^

...

„

:

Director, - announces ;
bids will be received i

sealed

office

the

of

Board

State

at

the

of

Administration, in Tallahassee,;
9:45 a.m. on May 24 for the "

<

until

purchase

of

ceed

interest

of¬

3%

1949.

$200,000 not to ex¬
Marion County

Dated

nomination

July

1949.

1,

$1,000.

be

interest to

of

Rate

1955.

series of
De¬
Due July 1,;

bonds,

refunding

ex¬

pressed in a multiple of y4, 1/10
or
1/20 the 1%. ; Principal and

COLORADO

.

1950. The

May 18,

approving

-SBA

rick, Dahlquist, Neff & Harring¬
ton, of San Francisco.

'

„

1949.

Or-

able at the County Treasurer's

Authority, Conn.

Note Offering—William J. Bar¬

Bond

from 1952 to 1961 inclusive.

;

,

'

Norwich Housing

1958

June

on

1950 to

from

1

inclusive.

1969

1950 and 1951.

•

(J-J) payable at the Flor¬

Housing Authority (City
and County), Colo.

ida

Sale—The

Note

bonds, payable to order of
the State Board of Administration,;.

25th

$1,252,000

series notes offered April 28 were
awarded
to
Salomon < B r o s.
&

National

ville.

of

Bank

cashier's

A

Jackson¬

2% :

for

check

of the

is required. Legality approved by
Hutzler, of New York, at 0.93% Caldwell,
Marshall, Trimble
interest, plus a premium of $16. Mitchell, of New York City. Bonds
Dated May 24, 1949. Due on Dec.. are full faith and credit obliga¬

tions

20, 1949.

Greenwich

Housing

Authority,

Authority, Conn.

Sale—The

$2,000,000 48th

series notes offered
awarded
Bank

&

the

to

April 28

Central

Trust Co., of

were

Hanover

New York,

follows:-

500,000 at 0.94% interest, plus a
premium of $10.,
..
.

24, 1949. Due

on

Dec.

20, 1949.
Additional

Sale—The $2,294,000
on above

48th series notes offered
date were awarded

ical

Bank

&

Trust

to the

Chem¬

Co., of New
York, and Associates, at 0.94% in¬
terest, plus a premium of $41.67.
Dated May 24, 1949. Due on Dec.
20,1949.

-

Offering—Ralp

Bond

-

Fla.
A.

Potts,

Executive

Director,

that

bids will be received,

at

sealed

of

office

the

announces,

State

the

Board'

Tallahassee,
May 24 for the

of Administration, in
until 9:45

a.m.

purchase

of

on

$395 000

to

not

ex->

County-

interest Orange

ceed

3%

SBA

refunding bonds, series 1949.'

Dated

$1,000.

July 1, 1949. Denomination-.
Due July 1, as follows::

$195,000 in 1972, and $200,000 in;
interest to

of

Rate

1973.

be ex-;

pressed in a multiple of y4, 1/10,
or
1/20 of
1%.
Principal and'

payable at the First

interest (J-J)

$1,500,000 at 0.93% interest, plus
a premium of $30.

Dated May

fur¬
of the

are

pledge

a

Orlando),

Dem-

R.

ing, Chairman, will receive sealed
bids until 11 a.m. (DST) on May
11 for the purchase of $309,800
Series M-2 notes.
Dated May 17,
1949. Due on Aug. 17, 1949. The
approving opinion of Robinson,
Robinson
&
Cole, of Hartford,
will be furnished to the purchaser
at the expense of the Authority.

Note

by

Orange County (P. O.

Offering—John

Hartford Housing

county and

county's distributive share of the
State's gasoline tax.
•

Connecticut
Note

the

of

secured

ther

CONNECTICUT

as

Shasta

The $1,689,000

—

169, p. 1930—were purchased
private sale on April 29 by

the bonds as follows:

dated June

are

for

Los

Oceanside, Calif.
Bond Offering—John H. Landes,

1 from

1961 to 1964 inclusive.

as

& Savings Association, San Fran¬
Association, of cisco, for $191,000 as 2%s, and
San Francisco, as l%s, at a price
$84,000 as 2%s, at a price of 100J5,
of 100.94, a basis of about 1.579%. and
$196,000 as 2%s, and $84,000
Dated June 1, 1949, and due on as
2Vzs, at a price of 100.13.

Trust

follows:

8,000 23As.

Dist;

of 100.07,

disposal bonds offered on May 3
—v.
169, p. 1929—were awarded
to the Bank of America National

follows:

280,000 Fort

1974 inclusive.

-_V;T

as

ings Association, of San Francis¬
co, at a price of 100.086, a net in¬
terest cost of
about 2.854%,
as

Co., of San

Fort Bragg Union Sch.
Dist.
bonds, at a
price of
100.08, as follows: $112,000 as
2s; $98,000 as 2V2S, and $65,-

—

Francisco;

15

of America National Trust & Sav¬

e

v.

interest

1966 inclusive.

1

a

composed of the Bank of America
National Trust & Savings Asso¬

135,000 Manteca Elementary Sch.

$275,000

Witter & Co., of San Francisco, on
April 4. These bonds were author¬
ized at the election held on Feb.

*

County Sch. Dists.

(P. O. Ukiah), Calif.
Bond Sale—The $555,000 school

Sale

$250,000
Anderson Union High School Dis¬
trict bonds also offered on April
27 were awarded to a syndicate

—

Little

County Treasurer's of¬
Legality approved by Or-

fice.

Denver

Dist.

S

school bonds for which no
bids were received on April 26—

15,

15

—

Co., of
price of 100.30.

.

Sch.

—

a

Bond

1.60%

which

from 1950 to 1969 inclusive.

.

on

California Bank of Los Angeles.

from

paid

$1,337,000 13th

Manchester),

(P. O.

Connecticut

ciates,

a

premium of $10.
500,000 at 0.94% interest, plus a
premium of $10.
1949.

Note

$625,000

1949 $500,000 at 0.93% interest, plus

24,

Dec.

Trust

over

Trust

on

plus a
May 24,

Dated

series notes offered April 28 were
awarded to the Chemical Bank &

awarded to the Central Han¬
&

Due

interest,

$19.

Authority, Calif.

Chairman of the Board of Super¬

Sale—The

of

Bernardino County Housing

the

to

payable

0.94%

at

premium

certified

office.

Chemical Bank &

Trust Co. of New York, and Asso¬

Manchester
"

and Rand &

H.

Note Sale—The

check for 5% of the amount of the

Treasurer's

Due on June 15
from 1953 to 1959 inclusive.

ciation, Blyth & Co., Inc., and R.

Dated June 15, 1949.
j
Manhattan Beach, Calif.
July T from 1950 to 1969 in¬
Additional
Sale
The
$23,000
clusive. The second highest bidder
Bond Sale
The $200,000 series Lockeford Sch. Dist. bonds offered
was Boettcher & Co.; Refsnes, Ely,
No. 2 water works bonds offered on same date were awarded to a
Beck & Co., and Barcus, Kindred
Dated
June
May 3 — v. 169, p. 1822 — were local investor.
15,
& Co., jointly, on a bid reflecting awarded to the Bank of America 1949.
a net interest cost of about 2.72%.
National Trust & Savings Associa¬ Santee School
District, San Diego
tion, of San Francisco, as 2y2S, at
County (P. O. San Diego),
ARKANSAS
a price of 100.139, a basis of about
Caiif.
2.486%. Dated May 1, 1949- and
Arkadelphia, Ark.
Bond Sale
The $22,000 school
Bond Sale—The $200,000 sewer due $10,000 on May 1 from 1950 to
bonds offeredMay 2—v. 169, p.
revenue
bonds offered April
19 1969 inclusive. Second high bid of
1930—were awarded to the Bank
were awarded
to the W. R. Ste¬ 102.038 for 23/4s was made by the

Investment

to

able at the

Housing Authority,

on

phens

on June
15
1952 inclusive.

Due

609,000 l3/4s.

the

amount of bonds bid

.to the

awarded to the

Due

Savings Bank & Trust Co., of
Cincinnati, jointly, on a bid re¬
Dated May
flecting a net interest cost of about
Dec. 20, 1949.
2.70%. Dated Jan., 1, 1949.
Due

Rock, at

follows:

as

$260,000 43/4s.

A certified

June

dena

•

a

440,000 2y4s.

of the City.

expense

$358,000 9th se¬
ries notes offered April 28 were

1929—were awarded to

*7

price of 110.119, a
cost of about 2.111%,

paid

furnished to the purchaser at the

purchase of $6,000 not
to exceed 5% school bonds. Dated

10 for the

2—v. 169, p.
the Pasa¬

May

group

440,000 2s.

Stewajrt,

38th series notes offered April

series

interest

and

Co., of Oakland, and Hannaford
Talbot, of Sari Francisco. The

interest, expressed in
multiple of J/4 of 1%.
The ap¬
proving opinion of O'Melveny &
Myers, of Los Angeles, will be

County Clerk, will receive sealed
bids until 10 a.m. (PST) on May

were

improvement,

Principal

Trust Co., of New

Authority, Ala.
were
8th se¬ awarded to the Chemical Bank &
ries notes offered April 28 were Trust Co., of New York, and Asso¬
awarded to the Chemical Bank & ciates, at 0.94% interest, plus a
Trust Co., of New York, and Asso¬ premium of $81.96. Dated May 24,
ciates, at 0.94% interest.
Dated 1949. Due on Dec. 20,' 1949.
May 24, 1949. Due on Dec. 20, 1949.
Additional Sale—The $1,000,000

tal

from

(M-N) payable at the City Treas¬
office.
Bidders to name

Note

dated Dec.

$4,600,000
series notes offered April 28

(P. O. Globe), Ariz.
$300,000 hospi¬

$5,000

on

California

Note Sale—The $162,000

County

Due

inclusive, and $2,000

Sacramento

1, 1948.

Note

Bond Sale—The

$1,000.

follows:

as

1956

1957.

con¬

$52,000 water system bonds.
18,000 sewer system bonds.
15,000 fire equipment bonds.

1949.

Gila

1,

5%

Dated

urer's

sisted of:

Asso¬ visors, is required.
ciates, at 0.94% interest.
Dated
Los Angeles County Housing
May 24, 1949 and due on Dec. 20,
Authority, Calif.

ARIZONA

exceed

a

Trust Co., of New York, and

Tarrant Housing

in

100.11.

of

c*"

to

bonds.

1950 to

the

of

Montgomery, and the Trust Co.
Georgia, of Atlanta, recently
purchased an issue of $125,000
2y4% Board of Education school
warrants at a price of 99.64,
a
basis of about 2.286%.
Due May

&

geles, and Juran & Moody, of St.
Paul, jointly, as 4s, at a price of

All of the bonds

com¬

&

May

of

sanitary bonds has been sold

of

$23,000 2y4% Board of Education
school
warrants was purchased

interest

May 1, 1949.

not

Denomination

Alabama

Warrants

Williams, and Schwabacher & Co.,
all of San Francisco; C. N. White"

sewer

(P. O.

Sacramento), Calif.

Trust

Hale

Grove

Sacramento County

bids until
7:30
p.m.
(PST) on
May 11 for the purchase of $37,000

Co., San Francisco; Weeden & Co.,
and Dean Witter & Co.

Dothan Housing Authority,

National

Bank

of

cashier's

check

for

bonds,

payable

State Board

required.

Caldwell,
Mitchell,
are

full

tions
there

Orlando.
A
2%
of the;

order

to

the

of

of Administration, is.

by*

approved

Legality

Marshall,r Trimble
of
faith

of the

York.

New
and

credit obliga-*

county and

secured

by

-

Bonds

a

are

county's distributive share of
State's gasoline tax.

fur-

pledge of the*'

the-

.

Volume 169

THE

Number 4801

<

GEORGIA
V

equipment purchase bonds. Dated
May 1, 1949. Denomination $1,000.

Atlanta, Ga.

■

Due

Certificate Offering—B. Graham

West,

City Comptroller, will

ceive

sealed

(EST)

bids

until

1

from

to

1966

a.m.

on

Randolph County School District
No.. 77 (P. O. Chester), III.

registered, Series 1949
certificates..
Dated May 1, 1949.
Denomination $1,000. Due on May
as .follows:
$25,000 in 1950;
$20,000 in 1951 and 1952; $40,000
in 1953;; $41,000 from 1954 to 1963
coupon, or

Sold—An

Bonds

.

issue of $400,-

000 school bonds has

2Y2S, at

a

about

of

Chicago, as
price of 100.46, a basis

2.45%.

1949.

of

the

the

City Treasurer
agent
of
the

fiscal

in New York City,

ing

opinion

The

City

approv¬

of

A

certified

Will

'

check

for

$15,000, payable to the City,
is required.. y.;v.;.
j •
C

ries

offered

notes

April 28

se¬

were

County Sch. Dist. No. 84
(P. O. Rockdale), III.

tion, will receive sealed bids un¬
til 7:30 p.m. (CST) on May 9 for
the purchase of $125,000 not to ex¬
ceed 4%; interest coupon building

Housing Authority, Ga.

Note Sale—The $478,000 .5th

Chicago, III.
Certificate Offering—R. B. Upham, City Comptroller, will re¬
ceive

sealed

(DST)
chase

3%

of

until

17

11

a.m.

the

for

pur¬

$3,000,000 not to exceed

interest

water

works

certificates

revenue

Dated

ness.

bids

;

May

on

June

of

system

indebted¬

1,

1949.
De¬
Due $1,000,-

nomination $l,000.s
COO on June 1 from. 1964 to 1966
inclusive.
Bidders to name tlie

,

rate

of

interest; expressed

in a
Principal
and interest (J-D) payable at the
City Treasurer's office, or at the
multiple of

office

of 1%.

the

of

fiscal

.

of

agent

the

City in New York City. The ap¬
proving opinion of v Chapman &
Cutler, of Chicago, will be fur¬
nished

City.

to

A

the

purchaser by the
check for.. 2%

certified

of the par

value of the certificates,
payable to the City Comptroller,
is required.;
■>-y
? •*

'T;T..

v

'v "-J"

V;, Cook County

>

■

(P. OJ
C; Chicago), III. -y''

Bond

Offering

—

J.

Michael

Flynri, County Clerk, will receive
sealed bids Until 10

a.m. (DST) on
May 17'for the purchase of $5,250,000 2% coupon bonds, divided

follows:

as

■■

■?,

yyfy. v.; ^

;

o;j

$1,750,000
county
home
bonds.
Y ' Due
Dec. 1, 1957. $1,575,000
redeemable

-

trued
-

June

at

and
$175,000

par

interest,
1

from

clusive,

or

1949
on

to

acon

in¬

1957

p-

-

...

,v;;
,

,

.

■,

crued

interest,

-v<;

$350,000

June 1, 1949 to 1957,

on

date

;

•;

.......

Dated Dec. 1, 1947. Denomina¬
tion $1,000, Principal and interest
(J-D) payable at the office of the
.

County Treasurer'.' The approving
opinion of Chapman & Cutler, of
Chicago, together with the printed
bonds,. will be furnished to the
purchaser by the County. A certi¬
fied check for $75,000, payable to
the County Treasurer, is required.
'

•

;"

.

-;v

.•

:

•''

■

*

Jo Daviess
!

County (P. O.
Galena), III.
-

V

.

,

*

Bond Sale Details—The $500,000
purchased by the syn¬
dicate headed by the Milwaukee
.

road bonds

Co., of Milwaukee, on a bid
flecting a net. interest 'cost

re¬

of

check

for

Bo nd

Hesse,

Offering

City

—

$500,

payable

to

the

Edwin

H

Clerk,

Sale—The

Bond

build¬
ing bonds offered April 28—v. 169,
p. 1715—were awarded to the La-^
Fontaine Bank, as iy2s, at a price
of 100.65, a basis of about 1.29%.
Dated May 1, 1949. Due on July 1
from

1950

$23,000

The

inclusive.

1954

to

second highest bidder was

Indian¬
apolis Bond & Share Corp., In¬
dianapolis, for lV2s, at a price of
100.22.

Bond Offering

Marjorie Blue,

—

City Clerk-Treasurer, will receive
sealed bids until 10 a.m. (CST) on
May 13 for the purchase of $350,000
not
to
exceed
3%
interest

sealed bids until 2 p.m.

Clarksville

-

Bond

Sale—The $130,000 build¬

ing bonds Offered March 4-L-v. 169,
p. 952—were awarded to Raffen-

building
bonds.
Dated
March 1, 1949.
Denomination $1,000.
Due $5,000 on July 1, 1950,
and $5,000 on Jan. 1 and July 1
from 1951 to Jan. 1,1960 inclusive.

Hughes & Co., of Indian¬
Bidders to name Jhe rate of in¬
2V4S, at a price of 100.terest, expressed in a multiple of
basis of about 2.199%.
The approving opinion
Dated Feb. 1, 1949 and due semi¬ *4 of 1%.
of Ross, McCord, Ice & Miller, of
annually from July 1, 1950 to July
Indianapolis, will be furnished to
1, 1969.
the purchaser at the expense of
Hamilton County (Pi O, y :y; the School Township.
A certified
Noblesville), Ind.
y check for $5,000, payable to the
Bond
Offering
Charles S. School Township, is required.
apolis,
539, ,a

as

Crooks, County Auditor, will re¬
ceive ; sealed bids until 10 a.m.
(CST) on May 18 for the purchase
of $700,000 not to exceed 3% in¬
ter e s t hospital of
1949 bonds.
Dated June 1, 1949. Denomination
$1,C00. Due $18,000 * on July 1,
1950;.$18,000 on Jan. 1 and July 1
from

1951

to

IOWA
v."-

Bonds

Boone, la.
and Certificates
-

.

at

a

price of 100.059,

a

Bond
and

May

City, Ky.

Sale—The

sewer

$90,000

3—v.

169,

Louisville, at

1948.

as

to

Sold—

1962 to

The

1952

on

inclusive,

Nov.

on

are

1965

made

Moines.

inclusive

about

Mayes,

Bidders

to

name

the

interest,

approving opinion; of Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished to the
purchaser at the expense of the

sealed

receive

(CST)

on

bids

until

2

p.m.

May 16 for the purchase

of

$100,000 building bonds. Legal¬
ity to be approved by Bannister,

will

be

3.109%,

or

Carpenter,

Ahlers

&

Cooney,

of

Des Moines.
....

.

Keokuk,

Iowa

A certified check for 3%

bonds, payable to the Coun¬
ty Board of Commissioners, is re¬
L•.

Bonds

Sold—An

issue of

is

re¬

Clerk,

—

S. Jordan

will

receive

7:30 p.m

10

for

the

water

revenue bonds. ; Dated
May
1949.
Denomination
$1,000.
Due May 1, as follows: $1,000 in
1952 to 1954, $2,000 in 1955 and
1956, $3,000 in 1957 to 1960, $4,000

1,

in

1961 to 1964, $5,000 in 1965 to
1969, and $6,000 in 1970 to 1974.
Bonds maturing in 1960 to 1974
are to be optional for
redemption
by the City prior to maturity in
the inverse order of their matur¬

ity

on

on

or

interest payment date
May 1, 1959, upon

any

after

terms of par and accrued

plus

interest,

redemption-premium of 3%
principal. Bidders to name

a

of the

the

rate of interest, expressed in
multiple of % of 1%,
Interest
M-N. ; The approving opinion of
Chapman & Cutler, of Chicago,

a

will be furnished and paid for by
the City.;- A certified check for

$1,800 is required.
University of Kentucky (P. O.
Lexington), Ky.

.

Bond

Offering—Frank D. Peter¬

Secretary of the Board of
Trustees, will receive sealed bids
until 11:30 a.m. (CST) on May 11
for the purchase of $47,500 not to
son,

exceed

3^4%

interest

dormitory

bonds. Dated May 1, 1949.
Denomination $500.
Due May 1,
revenue

follows:

$1,500 in 1950 to 1974,
$2,000 in 1975 to 1979. Subject
to redemption at the option of the
Board of Trustees, as a whole, or
as

and

from

time to time in part,

in the
numbering,
any interest payment date, at
face value, plus accrued interest
and a premium of 3%, If redemp¬
tion is prior to May 1, 1954; 2%,
if redemption is on or after May
1, 1954, but prior to May 1, 1959,
and 1%, if redemption is on or
after May 1,
1959, but prior to
May 1, 1964. If redemption is ef¬
fected after May 1, 1964 no pre¬
inverse order of their

on

mium will be

payable.
Principal
(M-N) payable at the
Trust
Co.,
Lexington.

Security

a

Bond

Offering—Phil J. Thorny,
will receive sealed
bids until % p.m. (CST) on May

Clerk,
the

purchase of $3,000,000
light and power revenue
coupon bonds. Dated Dec. 1, 1948.
Denomination $1,000. Due June 1,
as follows: $50,000 in 1953, $55,000
in 1954 and 1955, $60,000 in 1956,
$65,000 in 1957, $70,000 in 1958,
$75,000 in 1959, $80,000 in 1960,
$85,000 in 1961, $90,000 in 1962,
electric

$95,000 in 1963, $100,000 in 1964,

name

est, expressed in
1%.

the rate-of inter¬
a

multiple of Vi

The approving opinion of

Chapman & Cutler, of Chicago,
together with the printed bonds,
will be furnished to. the purchaser
at the expense of the Board of
Trustees.

A

certified

check

for

$1,000, payable to the University,
is required.
LOUISIANA

by an account composed of
Reusch & Co., and Pohl &

for

City,

(CST)
purchase of
$90,000 not to exceed 4% interest
May

on

was

Henderson, Ky.

23

City

sealed bids until

Morgan
Bond

City

2,

Perryvillep Ky.

Co.

v.-v

Fox,

of

the

to

Bond Offering

of

dated May
1,
maturing from

$30,000 3s and $60,000
cost

Nov.

on

certified check for $60,-

Bidders to

;

Nov. 1 from

1966 inclusive.

bonds

to

about

1 from

Due

1949 and those

net

•

will bear

1959

1,

and interest

1961

3&S.V Due

50,000

of

follows:

$40,000 3s.
1950

cost

A

000, payable
quired.
:

1954

expressed in a
multiple of Vs of 1%. Interest J-J,

County.

1931—were

p.

Co.,
price of 101.10,

a

interest

net

a

3.079%,

$137,000 bonds and cer¬
sold on April 11 to
the Carleton D. Beh Co., of Des

inclusive; $18,Cleghorn Con. Sch. Dist., Iowa
000 on Jan. 1 and $20,000 on July
Bond Offering — Lawrence E.
1, 1965, and $20,000 on Jan. 1 and
Goodrich, District Secretary, will
July 1 from 1966 to Jan. .1, 1969
of

water

bonds offered

revenue

awarded to the Bankers Bond
of

tificates

was

June

ized at the election held

net interest

KENTUCKY
Central

An issue of

quired.




to
the
Harris Trust
&
Savings
Bank, of Chicago, and the SmallMilburn Co., of Wichita, jointly,

callable, in inverse numerical or¬
der, beginning on Nov. 1, 1951.
Vv ; Second
high bid of
101.08 for

public auction to Halsey, Stuart &
Co. Inc., as 2s, at a price of 101.10,

interest fire

$300,000 Memo¬
Hospital bonds offered April

29—v. 169, p. 1823—were awarded

.

not

4% %

Bond Sale—The

school

School Town (P. O.
Jeffersonville), Ind. v
*

and

interest at the rate of 2^%. Bid¬

ders to name th6 rate of interest,
expressed in a multiple of Vs of
White-Phillips Co., of
1%.
Principal and interest pay¬
Davenport, as 23/4S, at a price of
able at the
office of the City
100.533. Vieth, Duncan & Wood of
Treasurer.
The approving opin¬
Davenport, was next high bidder,
ion of Chapman & Cutler, of Chi¬
offering 100.50 for 2%s.
cago, and of Wyatt, Grafton
&
KANSAS
Grafton, of Louisville, will be
furnished to the purchaser by the
Arkansas City, Kan.
City.
These bonds were author¬

(CST) on

$170,000 airport bonds has been sold at

exceed

21/4%; bonds maturing June 1,

1958

—

electric

of the

to

Sale

sold to the

rial

Ind.

will receive
(CDT) on
May 9 for the purchase of $15,000
sealed bids until 7 p.m.

Cheer, Iowa
The $15,000 water
system bonds offered at auction
on
May 3—v. 169, p. 1931—were

v:,yy\v;:':
Peru,

of

What

Bond

may

The

;

'

,

Y?"" -.'"v

rate

O'Fallon, III.

Liberty Twp. Sch. Twp. (P. O.
LaFontaine), Ind.

20 for the purchase of $100,000 not to exceed 4y2% interest

inclusive.

were

;

Y

w

and

ly noted in y. 169, p. 1715,
sold at a price of 100.03.

in 1965, $110,000
in 1967, $120,000
in 1969, $130,000
in 1971, $140,000
$145,000 in 1973, $150,000

-

School Township, is required.

55

$105,000
$115,000
$125,000
$135,000

.

about

1.44%;. for $200,000 as l%s,
$300,000 as l%s,<as previous¬

Nov. 1, as follows:
1951 and 1952; $8,000
on

JV'yy

,

sperger,

or

interest v payment
thereafter..
V >'
>\

any

on

basis of about 1.90%. Dated Feb.

1, 1949. Due

—

interest

any

payment date thereafter.

3,500,000; county hospital bonds.
Due on Dec, 1, 1957. $3,1.50,000
redeemable at par and ac-

;

a

cost of about 1.749%, as follows:
utility revenue of 1949
$45,000 5s. Due on May 1 from
coupon bonds. Dated June 1, 1949.
'1950 to 1952 inclusive.
as
follows: $5,000 from
1950 to Denomination $1,000. Due $11,000
105,000 l%s. Due on May 1 from
1954 inclusive; $6,000 from 1955 Jan. and July 1, 1951 to 1965, and
1953 to 1959 inclusive.
to 1957 inclusive; $7,000 from 1958 $10,000 Jan. and July 1, 1966. Reg150,000 13/4S. Due on May 1 from
to
to 1960 inclusive; $8,000 from 1961 isterable-as
principal.
The
1960 to 1969 inclusive.
to 1963 inclusive; $9,000 from 1964 bonds maturing on and after Jan.
All of the bonds are dated May
to 1968 inclusive, and $10,000 in 1, 1955, shall be redeemable at the
1, 1949.
;
1967.
These bonds were author¬ option of the City on July 1, 1954,
Paola, Kan.
ized at the election held on March or
any
interest
payment
date
Bonds Sold—An issue of $25,000
5, 1949. Principal and interest (J- thereafter, in their inverse nu¬
D) payable at a bank to be agreed merical order, at face value, plus airport bonds has been sold to the
upon by
the purchaser and the the following premiums: 5% if re¬ Citizens State Bank, of Paola.
Board of Education.
Bidders to deemed on July 1, 1954, or there¬ These bonds were authorized at
name
the
rate
of interest,
the election held on Sept. 21, 1948.
ex¬ after on or before July 1, 1959; 3%
pressed in a multiple of Vi of 1%. if redeemed on Jan. 1, 1960, or
Wichita, Kan.
The approving opinion of Chap¬ thereafter prior to maturity; plus
Bond Sale
The $2,057,114.60
in each case - accrued interest to
man & Cutler,, of Chicago, will be
date
fixed
for
delivered to the purchaser at the the
redemption. bonds offered May, 3—v. 169 p.
expense of the District.
A certi¬ Bidders to name the rate of in¬ 1931-—were awarded to a syndi¬
fied check for $1,500, payable to terest, expressed in a multiple of cate composed of J. P. Morgan &
the Township * School. Treasurer, Vs of 1%; ..Principal and interest Co., Inc., New York, Stern Bros.
is required.- <■.;
(J-J) payable at the Wabash Val¬ & Co., of Kansas City, Ira Haupt
; •: -'.'y c
Y;
ley Trust Co., Peru. The approv¬ & Co., Andrews & Wells, Inc.,
JNDIANA
K ing opinion of Ross, McCord, Ice both of New York, Soden-Zahner
& Miller, of Indianapolis, together Co., Lucas,
Eisen & Waeckerle,
Anderson Twp. Sch. Twp. (P. O.
of
Kansas
with the printed bonds, will be both
City, Breecroft,
Anderson), Ind.
;,y
furnished to -the-purchaser -at the' Cole &* Co., of Topeka, and the
Bond Offering — Russoll Welch,
Co., of
expense of the City. A certified Lathrop - Hawk - Herrick
Trustee, will receive sealed bids check for
$5,000, payable to the Wichita, as l%s, at a price of
until 4 p.m. (CST) on May 24 for
100.54, a basis of about 1.27%, as
City, is required, .
the purchase of $130,000 not to ex¬
follows:
Prairie Township (P. O.
ceed 3% interest building Of 1949
$445,000.00 general improvement
bonds. Dated March 15, 1949. De¬
Atwood), Ind. 1 ; ;
police and fire building
nomination $1,000. Due $5,000 on Y Bond Sale—The $11,000 build¬
bonds.
Due on Sept. 1 from
July 1, 1950, and $5,000 on Jan. 1 ing bonds offered May 3—v. 169,
1950 to 1954 inclusive.
and July 1 from 1951 to Jan. 1, p.
1823—were awarded to Raf150,000.00 general improvement
1963 inclusive.
Bidders to name fensperger,
Hughes
&
Co.,
of
park bonds.
Due on Sept. 1
the rate of interest, expressed in a Indianapolis. Dated March 1, 1949,
from 1954 to 1957 inclusive.;
multiple of }k of 1%. Interest J-J. and due on Jan. 1 from 1951 to
1,462,114.60 internal improve¬
The approving opinion of Ross, 1960 inclusive.
ment, curb, gutter, paving and
McCord, Ice & Miller, of Indian¬
Wayne Twp. Sch. Twp. (P. O.
sewer
bonds. Dut on June 1
apolis, will be furnished to the
Richmond), Ind.
from 1951 to 1959 inclusive.
purchaser at the expense of the
Bond Offering — Harry Arm¬
Dated May 1, 1949.
School
Township.
A
certified
strong, Trustee, will receive

awarded to the Chemical Bank & bonds.
Dated May 1, 1949.
De¬
Trust Co., of New York, and Asso-; nomination $1,000. Due on Dec. 1,

ciates, at 0.94% interest. Dated
May 24, 1949. Due on May 26,

(2339)

in 1966,
in 1968,
in 1970,
tary disposal plant improvement $7,000 in
bonds offered May 3—v. 169, p. from 1953 to 1957 inclusive; $9,000
in 1972,
1931—were awarded to the First from 1958 to 1961 inclusive; $10,in 1974,
National
Bank,
of Chicago, as 000 from 1962 to 1964 inclusive; $155,000 in 1975, $165 000 in 1976,
iy2s, at a price of 100.03, a basis $12,000 in 1965 and 1966, and $13,- $170,000 in 1977, $175,000 in 1978,
of about *1.49%.
Dated May 23, 000 in 1967 and 1968. Legality ap¬ and $180,000 in 1979.
Bonds ma¬
1949. Due on July 1 from 1950 to proved by Chapman & Cutler, of turing June
1,1953 to June 1,
1969 inclusive.'
1957 will bear interest at the rate
Chicago.
■

Offering—John Kanhiker,
Secretary of the Board of Educa¬

Southwest Georgia Regional

CHRONICLE

.Indianapolis Sanitary Dist., Ind.
Bond Sale—Hie $140,000 sani¬

Bond

'

\

follows:

■

will be furnished to the purchaser

Without cost.

as

1953; $15,000
1954; $20,000 from 1955 to 1959
inclusive; $25,000 from 1960 to
1966 inclusive, and $30,000 from
1967 to
1969 inclusive;
Legality
approved by Charles & Trauernicht, of St. Louis. ;,Y'C.. V"'"' V
'

Spalding, Sibley,
& JCelley, of Atlanta,

Troutman

1,

in

at

or

on

Feb.

15,

$10,000 in 1952 and

fice

Due

Dated March

to 1969 inclusive.
Principal and
interest .(M-N) payable at the of¬

FINANCIAL

&

been sold to

John Nuveen & Co.; of

inclusive, and $40,000 from 1964

•i

1952

The

approving opinion
of Charles & Trauernicnt, of St.
Louis, will be furnished.

re¬

11

Jan.

on

inculsive.

May 16 for the purchase
.of $755,00Q 2%% water revenue

•;

COMMERCIAL

City, La.

Sale—The

$210,000 water

works improvement bonds offered

April 28 w^re awarded to a group
composed of Weil & Co., Newman,
Brown & Co., and Nusloch, Baudean & Smith, all of New Orleans,
at a price of 100.07.
MASSACHUSETTS

Beverly, Ma*s.
Bond

Sale—The

$100,000

cou¬

pon sewer

bonds offered May 4—

169,

1931-r-were awarded to

v.

p.

Paine, Webber, Jackson & Curtis,
and Robert Hawkins & Co., both

56

THE

(2Q40)

of Boston, jointly; as lYzs, at a
price of 100.976, a basis of about
1.315%.
Dated May 1, 1949 and
due on May 1 from 1950 to 1959
inclusive.
Second
high bid
of
100.839 for 1 % s was made by the
First National Bank of Boston*

COMMERCIAL & FINANCIAL

Lot A

$300,000

nomination

Fall River Harbor

Ter¬

minal

Facilities
loan, 1945,
chapter 308, Acts of 1947,
coupon bonds. Dated April 1,
1949. Due $30,000 on April 1

and

from 1950 to 1959 inclusive.
Lot B

Billerica

(P. O. Box 196,
Ifitterica), Mass.

33/4s, at

-

inclusive.

Thorndike, Palmer ' 8c Dodge, 'of
Boston, will be furnished to the
purchaser.. Delivery of the bonds
will be made at the First National
Bank of Boston, on or

about June

1, 1949.

'

Bristol

County (P. O.
Taunton), Mass.

Note

Kil-

Offering—Ernest W.

County

roy,

sealed

ceive

will

Treasurer,
until

bids

10

re¬
a.m.

(DST) on May 9 for the purchase
$600,000 notes. Dated May 10,
Denomination $25,000. Due
on Nov. 15, 1949.
The approving
opinion of: Ropes, Gray, Best,
Coolidge & Rugg, of Boston, Will
of

1949.

;

$1,000. Due on Feb.
follows: $47,000 from 1950 to
inclusive; $48,000 in 1956 and
1957; $49,000 in 1958; $90,000 from

prior to July 1, 1958. $15 on each
bond called for redemption on or
after July 1, 1958, but prior to
July 1, I960* $10 on each bond
1959 to 1968 inclusive, and $141,- called for redemption on or after
000 from 1969 to 1978 inclusive. July 1, 1960, but prior to July 1,
Principal and interest (F-A) pay¬ 1962. $5 on each bond called for
able at the current official bank redemption on after July 1, 1962;
of the City, in New York
City, or but prior to July 1, 1964. No pre¬
Chicago, or at the office of the mium shall be paid on bonds
City Treasurer, at the option of called for redemption on or after
•the bidder.
Bidders to name the July 1, 1964. Bidders to name the
rate or rates of interest, expressed rate of interest, expressed in a
in a multiple of. Ya of 1 %.
The multiple of Ya; of 1%.
Principal
approving opinion of Miller, Can- and interest (J-J) payable. at a
field, Paddock & Stone, of De¬ bank or trust company to be des¬
troit, wiU be furnished to the pur¬ ignated by the purchaser. The ap¬
chaser.
A certified check for 2%
proving opinion of Miller, Canof the par value of the
bonds* field, Priddock & Stone, of Detroit,
will be furnished to the purchaser
payable to the City, is required.
and

-

Summerfield

Townships,

i

■

Fractional School District
3,500,000 Boston Harbor Facilities
No. S (F. O. Dundee),
loan, 1945.(Chapter 619, Acts
of 1945, and Chapter 545, Act
' j
Michigan
Bond Offering — E. C. Waterof 1948), coupon bonds. Dated
stradt, Secretary of the Board of
June 1, 1949. Due $175,000 on
Dec. 1 from 1949 to 1968 incl. Education, will receive sealed bids
until 8 p.m. (EST) on May 11 for
500,000
Metropolitan Sewerage
the purchase of $375,000 not to ex¬
loan-North System (Chapter
ceed 4%
interest school coupon
705, Acts of 1945), fully reg¬
bonds.
Dated May 1, 1949.
De¬
istered bonds. Dated March 1,
nomination $1,000. Due on April
1949. Due $25,000 on March 1
1, as follows: $20,000 from 1950 to
from 1950 to 1959 inclusive.
1954 inclusive; $25,000 from 1955
1,500,000 Metropolitan Sewerage to 1959 inclusive, and
$30,000 from
loan-South System
(Chapter 1960 to 1964 inclusive. Bonds ma¬
^

705, Acts of 1945), fully regis¬
Dated March 1,

tered bonds.

1949. Due $75,000 on March
from .1950 to 1969 inclusive.

be furnished.

1

turing April 1, 1955 to 1964 may
be redeemed at the option of the
District
der

Lot C

on

on

or

in

inverse numerical

any
after

or¬

interest payment date
April 1, 1954, at par

Dudley, Mass.

$6,000,000 Metropolitan Additional and accrued interest to,, the date
Water loan (Chapter 515, Acts fixed for redemption, plus a pre¬
Offering—George A. Groof 1946, and Chapter 575, Acts mium for each bond so redeemed
melski, Town Treasurer, Will re¬
ceive sealed bids in care of the
of 1947), coupon bonds. Dated as follows: $20 on each bond called
June 1, 1949. Due $200,000 on for redemption prior to April 1,
Day Trust Co., of Boston, until 11
a.m. (DST) on May 9 for the pur¬
Jan. 1 from 1950 to 1979 incl. 1956. $15 on each bond called for
chase of $144,000 sewerage loan,
Denomination $1,000. Bidders to redemption on or after April 1,
Act of 1948 coupon notes. Dated
name
the
rate of interest,
ex¬ 1956, but prior to April 1, 1958.
May 1, 1949. Denomination $1,000. pressed in a multiple of 1/10 or Ya $10 on each bond called for re¬
Due on May 1, as follows: $5,000 of
1%. Principal and interest pay¬ demption on or after April 1, 1958,
from 1950 to 1973 inclusive, and
but prior to April 1, 1960. $5 on
able at the State Treasury in Bos¬
$4,000 from 1974 to 1979 inclusive. ton, or at its fiscal agency in New each bond called for redemption
on or after April 1,
Bidders to name the rate of inter¬
1960, but prior
York City. The approving opinion
est, expressed in a multiple of Ya of the Attorney-General, will be to April 1, 1962. No premium shall
of 1%. Principal and interest pay¬
be paid on bonds called for re¬
furnished to the purchaser. A cer¬
able at the Day Trust Co., of Bos¬ tified check for
2% of the amount demption-on or after April 1, 1962.
ton. Legality to be approved by
bid for, payable to the Treasurer Principal and interest (A-O) pay¬
the Director of Accounts, Depart¬ and Receiver-General of the Com¬ able at a bank or trust com par y
ment of Corporations and Taxa¬
designated by the purchaser. Bid¬
monwealth, is required.
ders to name the rate of interest,
tion, Commonwealth of Massachu¬
Walpole Housing Authority, Mass. expressed in a multiple of Ya of
setts.
Delivery of the notes will
Note Sale—The $50,000 first se¬ 1 %.
be made at the Day Trust Co.,
The
approving opinion of
Boston, against payment in Bos¬ ries notes offered April 28 were Miller; Canfield, Paddock & Stone
Note

Gloucester, Mass.
Bond

ceive

Offering

sealed

(DST)

•

,<

—

Emerson

S.

City Treasurer, will

Laurie,

until

bids

11

of

sidewalk

May 11 for the pur¬
$110,000 Macadam and

bonds.

loan

of

1949

Dated June

1, 1949. De¬
Due on June
1, as follows: $30,000 in 1950, and
$20,000 from 1951 to 1954 inclu¬
sive.
Principal and interest pay¬
the

at

Merchants

.

Boston.
Bidders to name
the rate of interest, expressed in
a multiple of Ya of
1%.
The ap¬
proving opinion of Storey, Thorn-

Bank,

bids at the office of the State

officials

decided to. reject all the

dike, Palmer & Dodge, of Boston,

Housing Board, 18 Tremont Street,

bids

Boston, until noon (DST) on May
12 for the purchase of $680,000
Second Series notes.
Dated May

not to exceed 3y2% interest school

furnished

the

to

pur¬

chaser.
Notes

«*.1

dated

May 16, 1949., 19, 1949. Due on May 19, 1950. The
Due on May 16, 1950.
Principal approving
opinion of Sullivan,
and interest payable at the Sec¬ Donovan & Heenehan, of New
ond National Bank of Boston. Le¬
York City," will be furnished to the
gality approved by Sullivan, Don¬ purchaser without cost.
ovan
& Heenehan, of New York
MICHIGAN
city.
are

Hull, Mass.
Bond Sale—The

works *

building
3—v. • 169,

May

Bridgeport Township Sch. Dist.
(P. O. 3878 Sherman Street,
Bridgeport), Mich.

$122,000 public
bonds
offered
p.
1932—were

Bond

May 15, 1949.

Due on May
15 from 1951 to 1969 inclusive.
Massachusetts
Bond

$375,-

2.49.

bonds* offered

Detroit, Mich.
Offering—John N. Daley,
Controller, will receive

Bond

Offering—John E, Hurley,

City

for

the

$100,000

May 3—v. 169,
p.
1932.
The decision resulted
from
conflicting
statements
in
bond sale notices respecting the
interest rate option.
on

Montague Township Con. Sch. Dist.
(P. O. Montague), Mich.
Bond

District

Offering

—

W.

L. Lipka,

Secretary,

will receive
(EST) on
May 11 for the purchase of $160,sealed bids until 8 p.m.
000

not

to

exceed

4%

interest

school coupon bonds.

Dated April
1, 1949. Denomination $1,000. Due
$10,000 on July 1 from 1950 to
1965 inclusive. Bonds maturing in
1955 to 1965, may be redeemed at
the' option of the District in in¬
verse

(State of)

Treasurer and Receiver

Details—The

building bonds purchased by
McDonald-Moore & Co., of De¬
troit, as 2V2S, as previously noted
in v. 169, p. 1824-^-were sold at a
orice of 100.06, a basis of about

and Coffin & Burr, both of Bos¬
ton, jointly, as 2s, at a price of
100.83, a basis of about 1.91%.

Dated

Sale

000

awarded to Hornblower & Weeks,

submitted

terest

numerical order

payment

July 1, 1954, at

date
par

on

on

in¬
after

and accrued

interest to the date fixed for

re¬

bids until 10 a.m. (EST) demption, plus a premium for
May 17 for the purchase'of each bond as redeemed as follows:
$2,737,000 not to exceed 4% in¬ $25 on each bond called for re¬
(DST) on May 16 for the purchase
terest non-callable public sewer, demption prior to July 1, 1956. $20
of $23,800,000 bonds, divided as
Series
H
coupon
or
registered on each bond called for
-

sealed

General,

on

will receive sealed bids until noon

follows:




redemp¬

•

(P.

Bond. Offering—R.

I

bonds.

Dated Feb. 1, 1949.

De¬

tion

on

or

after

July 1, 1956, but

C.

DeCamp/f

receive!
p.ric; (EST)ron|
May 9?for the purchase of $25,000;
District

will

Secretary,

sealed bids until 8

school!

interest

4%

not to: exceed

coupon
bonds. . Dated April
1940; (Denomination
$500; >• Duep

April" : T, as ' follows:
$500 * in
1952, $3,500 in 1953, $3,000 in |
1954 to 1056, and $4,000 in 1957 to$
1959.
The entire issue of bonds;
,

construction bonds: $27,500 as

New Buffalo

Twp. Con. Sch. Dist.
(P. O. New Buffalo), Mich.
Bond Offering—Churchill Bart-

District

ley,
ceive

sealed

Secretary,
until

bids

will
7

l%s,

July 15 from
inclusive, and
2s, due on July 15

due
to

1950

on

1958

re¬ ,*...,*$20,500 as
from 1959 to 1968 inclusive. i

p.m.

(EST) on May 9 for the purchase
to exceed 4% in¬

71,000

and

storm

relief

sewer

of $240,000 not

construction bonds: $36,00.0
as/

terest

l%s,

coupon

Dated April

follows:

$450,000 2V2S. Due on April 1 from
1950 to 1954 inclusive.
900,000 2s. Due
1955

to

1964

on

April 1 from

inclusive.

All of the bonds

are

dated May

1, 1949 and those maturing from
1955
to
1964 inclusive,
are
re¬
deemable, in inverse nurrierical
order, on and after April 1, 1954.
Second high bid of par, plus a
very slight premium, for a com¬
bination of $450,000 2Yzs; $450,000
21/4S, and $450,000 2s, or a net
rate of about 2.144%, was made
by an account composed of First
of
Michigan
Corp.,
Stranahan,
Harris & Co., Inc., John Nuveen
& Co., McDonald-Moore & Co.,
Watling, Lerchen & Co., Ballman
& Main, and Jones B. Shannon &

Co.
Port

Austin

Township Fractional
No. 1 (P. O.
Austin), Mich.

July 15 from;
inclusive, and!
2s due on July 15?

due
to

1950

1, 1949.

any
or

Twp. Sch. Dist. No. "1
O. Ravenna), Mich.

Ravenna

may be redeemed at the option of
District the District on April
1, 1952; or;
on any interest date thereafter, atf
order, on any interest payment
par and accrued interest to the!
date on or after Aprir 1, 1950, at
date fixed for redemption, plus a
par arid accrued interest to the
premium for each bond so re-j
date fixed for Redemption, plus a
deemed, as follows: $7.50 on each?
premium for each bond so re¬ bond called for
redertiption priori';
deemed, as follows: $25 on each to
April 1, 1954.
$5.00 on each;
bond called for redemption on or
bond called for redemption on or|5
prior to April 1, 1952; $20 on each
after April 1, 1954, but prior to!
bond called for redemption after
April 1, 1956. $2.50 on each bond f
April 1, 1952, but on or prior to
called for redemption on or after;
April 1, 1954; $15 on each bond
April 1, 1956 but prior to April 1,|
called for redemption after April
1957.
No premium shall be paid;
1, 1954, but on or prior to April 1,
on bonds called on or after April!
1956; $10 on each bond called for
1, 1957.
Principal and interest-!'
redemption after April 1,1956, but
(A-O) payable at First State Bankf
on or prior to April 1, 1958; $5 on
of Ravenna.
Bidders to name the!
each bond called for redemption
rate of interest, expressed in a
after April 1, 1958, but on or prior
multiple of }k of 1%,
The ap-^
to April 1, 1960; and without pre¬
proving opinion of Miller, Can-i
mium on bonds called for redemp¬
field, Paddock & Stone, of De-4
tion after April 1, 1960. Principal
troit, will be furnished without!1 J
and
interest
(A-O)
payable at
expense to the purchaser. A cer-;
Bank of Three Oaks, New Buffalo.
tified check for $500, payable to 4
Bidders to name the rate or rates
the District Treasurer, is required.!
of interest, expressed in a multi¬
Sault Ste. Marie, Mich.
ple of Ya of 1%.
The approving
Bond Sale—The $176,500 bonds!
opinion of Miller, Canfield, Pad¬
dock & Stone, of Detroit, will be offered April 7 were awarded tot
furnished, without cost to the pur¬ Braun, Bosworth & Co., Inc., on
chaser. A certified check for $4,- a bid reflecting a net interest cost!
000, payable to the District Treas¬ of about 1.80%, as follows: *,
urer, is requred.
$47,500 storm and relief sewer

—

ed

Bonds maturing!

i960 to 1964 inclusive are;
callable beginning June 1, 1954, |

on

1958

$35,000
from

as

1959

1968

to

inclusive.

6,700 as l%s.
36,000 storm

.

/

and relief SeWer
construction bonds. $18,00Q;as\
l%s, due on July 15 from;

•

will

be

to 1964 inclusive.

from

to

1950

$18,300
from

1958

inclusive

2s, due

as

1959 to

on

and/

July 15

1968 inclusive.

•

relief sewer j
construction bonds: $9,000
.asj;
l%s, due on July 15 fromf

15,000

,

National

.

$3,200, payable to
the
Treasurer, is required,

—

coupon

nomination $1,000.

able

A certified check for

all of Detroit, as
price of 100.0007, a basisf

a

about 3.74%.
Dated April l|
1949 and due on June 1 from, 1950|
of

iy

re¬
a.m.

on

chase

without cost.

building bonds.
Denomina¬
tion $1,000. Due April 1, as fol¬
awarded to the Norfolk County of
Detroit, will be furnished to lows: $12,000 in 1950 to 1954, and
Trust Co., of Dedham, at 0.95% the
purchaser without cost. A cer¬ $18,000 in 1955 to 1964. Bonds ma,
interest. <4V*
tified check for $7,500, payable to turing in the years 1962 to 1964,
r/
y'iJ'r;;:- ,i> :.
the District Treasurer, is required. may be redeemed at the option of
Walt ham, Mass.
the District in inverse numerical
Note Offering — Arthur E.
Hamtramck Housing Authority,
Storer, City Treasurer, will re¬
Plymouth School District (P. O.
Michigan
' ''*
ceive sealed bids until 11 a.m. on
Note Sale —The $1,230,000 13th
Plymouth), Mich.
May 11 for the purchase at dis¬ series notes offered April 28 were
Bond
Sale
The $1,350,000
count of $500,000 notes issued in awarded to the Chemical Bank &
school building bonds offered on
anticipation of revenue for the Trust Co., of New York, and Asso¬
May 3 — v. 169, p. 1824 — were
current
year.
Dated
May
11, ciates, at 0.94%
interest, plus a awarded to a group composed of
1949.
Due Nov. 15, 1949. Legality
premium of $13. Dated May 24, Halsey, Stuart & Co., Chicago.,
approved by Storey, Thorndike, 1949. Due on Dec. 20, 1949.
Blyth & Co.,
Harriman
Rip¬
Palmer & Dodge, of Boston.
ley
&
Co.,
Inc.,
and
HornHolland and Park Townships
blower & Weeks, all of New York,
Wohurn Housing Authority, Mass.
Fractional Sch. Dist. No. 9
at a price of 100.072, a net in¬
Note Offering — Percy W. Lin(P. O. Holland), Mich.
terest
cost -of
about 2.05%, as
Bonds Not Sold
The district
scott, Chairman, will receive seal¬

ton funds.

& Co.,

Parcells

1, as
1955

$6,000,000 capital outlay loan, Acts
of 1948, chapter 599, Acts of
Bend Offering — Robert H.
1948,
coupon
bonds. Dated
Fowler, Town Treasurer, will re¬
May 1, 1949. Due on May 1,
ceive sealed bids until noon (DST)
as follow:s $670,000 from 1954
on" May 11 for the purchase of
to 1956 inclusive, and $665,000
$380,000 school coupon bonds.
from 1957 to 1962 inclusive:
"Dated May 1, 1949. Denomination
6,800,000 Logan Airport improve$1,008; Due $20,000 on May 1, from
? ment loan, chapter 676; Acts
1950 to 196& inclusive. Bidders to
of 1947, coupon bonds. Dated
name
the rate
of interest,
ex¬
April 1, aa follows: $670,000
pressed in a multiple of Ya of 1%.
from 1957 to 1959 inclusive:
Principal and interest payable at
and $665,000 from 1960 to 1965 Dundee, Milan, London, Raisinville
the First National Bank of Boston.
The approving opinion of Storey,

Monday, May 9, 1949

CHRONICLE

storm

1950

T

to

$6,000

and

1959

as

inclusive, and |
on July 15

2s, due

from 1959 to 1964 inclusive.
-

\.,

Summer

Township Fractional
School District No. 4 (P. O.
Ithaca), Mich.
"

Bond

Offering

District

|

Ethel Ferris,!

Secretary,

will

receive!

sealed bids until 5 p.m. (EST) on
|
May 18 for the purchase of
not to exceed 4% interest school!

$20,0001

bonds.

Dated May 1, 1949. |
Denomination $1,000.
Due $4,0001
on May 1 frorri 1950 to 1954 inclu- f|
coupon

sive. Bidders to
rates

of

name

interest,

multiple of

the rate or

expressed

in

|
a|

of 1%. Principal 'g
(M-N) payable at|
National Bank, !
Ithaca. The approving opinion of |
some market attorney, will be
fur-1
nished by the purchaser at his!
own
expense; A certified check f
for $1,000, payable to the District
|
Treastirer, is required.
|
and

the

Ya

interest

Commercial

Warren and

Sterling Twps. Frac* !
Dist. No. 1 (P. O.
|
Warren), Mich.
)
Bond Offering—John H. Siers-1
Coin

Sch.

ma,
Secretary of the Board of |
Education; will receive sealed bids 1
until 8 p.m. (EST) on May 19. for |
Bond Sale—The $147,000 school the purchase of $610,000 not to
ex-1
bonds offered on May 3—v. 169, ceed 4%
interest school coupon |
p. 1932—were awarded to a group bonds.
Dated May !,,• 1949. Decomposed of H. V. Sattley & Co., nomination $1,000. Due July 1, as 1
First of Michigan Corp., McDon¬ follows: $25,000 in, 1050, $30,000 in i
ald-Moore & Co., and Charles A. 1951 and 1952, $35,000 in 1953 and

School

District

Port

Volume 169

COMMERCIAL

THE

Number 4801

1954, $40,000 in 1955 to 1957, $45,1962
1963, and $55,000 in 1964.
Bonds maturing in 1955 to 1964,
may be redeemed at the option of

semi-annual

installments

during

000 in 1958 to 1961, $50,000 in

a

and

of

the

sued and sold they will be in the
amount of $53,800 each, except the
first bonds which will be in the

District

order

date

after

July 1, 1954, at
accrued interest plus a

or

and

premium

called

payment

interest

on' any
on

par

numerical

inverse

in

of

$20

on

bond
prior
premium of
each

for redemption on or

to

July 1, 1957; and a
$10 on each bond called for re¬
demption after July 1, 1957, but
on
or
prior to July 1, 1960. No
premium shall be paid on bonds
called for redemption after July 1,
1960.

Bidders to

rates

the rate or

name

of

interest, expressed in a
multiple of 4/4 of 1%. Interest J-J.
The approving opinion of Miller,
Canfield, Paddock & Stone, of De¬
troit, will be furnished. A certified
check for $12,000, payable to the
District Treasurer, is required./
.

period of 20
issue.

.

Bond Sale

—

The $85,000 sewer

improvement bonds of¬
April 27—v. 169, p. 1716—
were awarded to Halsey, Stuart &
Co., Chicago, as lVfes, at a price of
100.16, a basis of about 1.47%.
Dated May 1, 1949. Due on Jan. 1

amortization

whether

is¬

are

interest
after

J-D.

for

(MST) on May
purchase of $150,000

exceed

interest build¬

6%

ing and equipment bonds.
Dated
June 15, 1949. Am'ortization bonds
bonds

second

waukee
at

a

1962

inclusive.

The

highest bidder was Mil¬
Co., Milwaukee, for V/2S,

price of 100.07.

Watonwan

County Ind. Sch. Dist.
No. 1 (P. O. Madelia), Minn.
Bonds Not Sold — The $200,000

building and equipment bonds of¬
sold as all
bids were rejected.
fered April 28 were not

School

bonds
tire

high school-junior college
bonds offered May 3 — v. 169, p.

tural

1933

were

—

a

White,

to

Sanford, of New Or¬
2V2S, at a price of 100.10,

&

'Hattier

leans,

awarded

as

basis of about 2.47%. Dated May

1, 1949. Due on May 1 from 1950
1964
inclusive.
The
second

highest bidder was T. W. WoodCo., for $17,500 as 3s; $20,000
as 2V4S, and
$21,000 as 2V2S, at a

be put into one
divided into several

may
or

the

serial

bonds

Board

of

Trustees

are

issued

sold

and

they will be in the amount of $500
each; the sum of $7,500 will be
payable on June 15, 1950, and the

$706,000 improvement bonds. Due
on May 15, as follows: $40,000

$7,500 will become payable
the same day each year there¬
until

paid.

all

of

such

bonds

are

The bonds, whether amor¬

tization

serial

will be
interest
payment date from and after 10
years
from the
date of issue.
or

bonds,

redeemable in full

These
the

bonds

election

on

were

held

any

authorized

at

April 23. A
certified check for $1,000, payable
to the above Clerk, is required.
on

Plainview

School

"

t

District,

Neb.

19£4 inclusive,
$40,000 from

in 1955;

1956 to

1964 inclusive; $48,000

in 1965, and $50,000 in 1966.
192,000 local improvement assessment bonds. Due on May 15,
as follows:
$40,000 from 1951
to 1954 inclusive, and $32,000
;
in 1955.
2,125,000 school bonds.
Due on
May 15, as follows: $50,000
from
1951 to 1967 inclusive;
$70,000 from 1968 to 1982 inelusive, and $75,000 from 1983
•v

...

*

-

to 1985 inclusive.

-

>

-

15, 1949. Denomina¬
tion $1,000. Principal and interest
(M-N)
payable at the
Linden
Trust
Co.,
Linden.
Bidders to
name
the
rate
of interest,
ex¬
pressed in a multiple of Vs or 1/20
of 1%. The approving opinion of
Caldwell,
Marshall,
Trimble
&
Mitchell, of New York City, will
be
furnished
to
the
purchaser
without charge.
A certified check
for 2% of the amount of the bonds

offered, payable to the City Treas¬
urer, is required.
">

Mayersville), Miss.
Sold—An

Bonds

issue

O,

1949.

„

of $20,-

Kingsbury &

000 has been sold to

AlVis, of Jackson, as 2V2s, at a
price of 100.36. Dated March 1,
1949. 'Legality
approved by
Charles
&
Trauernicht, of St.
Louis.

■

Sharkey County (P. O.
Rolling Fork), Miss.
Bond Sale Details—The $40,000

bonds pur¬
& Allen, as
2s, at a price of 100.04, as pre¬
viously noted in v. 169, p. 1825—
are due $8,000 on
March 1 from
hospital

community

chased

1950 to

Co., of Omaha.

by Hickman

1954 inclusive.

five

Due

Dated May 1,

in

years.

at

election

bonds

offered

$400,000 school

May

3—v.

awarded

1933—were

to

169,
a

p.

group

composed of Paine, Webber, Jack¬
son & Curtis, of New York, J. S.

Rippel

Co.,

&

of

Newark,

and

Rogers, Gordon & Co., New York,
as
2.10s, at a price of 100.157, a
basis

interest

5%

bonds.

school

coupon

Dated

as

April 1, 1949.
De¬
$1,000. Due on April
follows: $135,000 from 1951

Bidders

of

about

to

the

name

rate

interest, expressed in a mul¬
tiple of y4 or 1/10 of 1%. The ap¬

proving

opinion of Tuttle, Rice,
Hustleby,
of
Niagara
will be furnished to the

Rice

&

Falls,
purchaser without
of the

2.087%.

Due

A

cost.

fied check for 2%

bonds, payable to the Town,
..

Village/

Frohnappel,

P.

Treasurer,

will receive sealed bids ih care of
the

National

First

Bank, Alle¬
until 2 p.m. (DST)
May 9 for the purchase of $7,500, not to exceed 4% interest
N.

gany,

on

Y.,

coupon or registered bonds.
May 9, 1949. Denomination
$1,500. Due $1,500 on July 1 from
1949 to 1953 inclusive.
Principal
and interest (J-J) payable at the
First
National
Bank,
Allegany.

Bidders

to

the

name

terest, expressed in
1/10 or y4 of 1%.

ing

of

rate

in¬

multiple of

a

The

approv¬

Pierce,
of Franklinville, N. Y., will
be
furnished to the
purchaser.
A
certified check for $150, payable
to the Village, is required. v
opinion

of James

Co., Inc., New York, as l%s, at a
price of 100.06, a basis of about
1.23%. Second high bid of 100.056
for l*4s was made by the Marine

maturing

in

20

—

R.

M. Noble,

tion held

on

Bond

April 23.

Na. 1
(P. O. Missoula), Mont.

Missoula County Sch. Dist.

Bond

Offering—W.

H.

Swear-

ingen, District Clerk, will receive
sealed bids until 8 p.m. (MST) on
May 24 for the purchase of $1,077,000 not to exceed 6% interest
building bonds. Dated June 1,1949.
Amortization bonds will be the
first choice and serial bonds the
second choice of the School Board.
If amortization bonds are sold and
issued the entire issue may be put
into one single bond or divided
into several bonds, as the Board
of Trustees may determine upon
at the time of sale, both principal
and
interest to -be payable in




City Clerk, will receive sealed
bids until 7 p.m. (MST) on May
9
for the purchase of $100,000

are,

revenue

Geddes

single rate of interest, ex¬

a

A certified check for

office.

$1,560

payable to order of the City, is re¬
quired.
Legality
approved
by
Vandewater,
Sykes, Heckler &
Galloway, of New York City.
Middletown, N.
Bond

Y.

Offering—P. E. Benedict,

City Treasurer, will receive sealed
until 2 p.m. (DST) on May
HO for the purchase of $326,000
not to exceed '5% interest public
bids

improvement, 1949 coupon or reg¬
istered bonds. Dated June 1, 1949.
Denomination $1,000. Due on June
follows: $20,000 in 1950 and
1951; $25,000 from 1952 to 1958
inclusive; $15,000 from 1959 to
1965 inclusive., and $6,000 in 1966.
Principal and interest (J-D) pay¬
able at the Orange County Trust
1,

as

Bidders

Middletown.

Co.,

the

name

of

rate

bonds

awarded to

to

interest,

ex¬

a

Atlantic

City Housing
Authority, N. J.
Note Sale—The $112,000 6th se¬
ries notes offered Aprli 28 were
awarded to the Chemical Bank &

Trust Co., of New York, and Asso¬

ciates,

at

0.94%

E. H. Rollins &

interest.
on

Dated

Dec. 20, 1949.

Hackensack, N. J.
Bond Sale—The $111,000 gen¬
eral obligation bonds offered May
2—v. 169, p. 1825—were awarded

Sons,

price of
basis of about 1.98%.

Lewiston

a

Water Dists.

Bond

Offering—Ray B. Powell,
Supervisor,
will
receive
(DST) on
May 17 for the purchase of $13,sealed bids until 2 p.m.

to

registerd

exceed

bonds,

5%

divided

&

4—v.

169,

Roosevelt &
Cross, both of New York, jointly
as
2.10s, at a price of 100.298, a
basis of about 2.068%. Dated May

1,

1949

due

and

1969

to

fol¬

on

May 1 from

inclusive.

Second

for 2.20s was
made by a
group composed of
George B. Gibbons & Co., Inc.,
Chas.
E.
Weigold
&
Co., and
100.41

Sale—The

offered

1.40s, at
of

May 2, as follows: $448.22 in

$50,000 water
3—v. 169, p."

awarded

to

the

a

about

June 1 from 1950

on

to 1959 inclusive. Second

of

100.206 for 1.40s

was

high bid
by

made

E. H. Rollins & Sons.

Rochester, N. Y.
Note

Offering

Whitley,
receive

(DST)

—
W./Raymond
Comptroller, wilt

City

bids

sealed

until

3

p.ro.

May 9 for the purchase
$1,100,000 capital notes. Dated
May 15, 1949. Due on May 15,
on

of

Denomination

1950.

designate.

may

with

drawn

as

Notes

interest

and

bidders

will

be,
be*

will

delivered and payable at the Cen¬
Hanover Bank & Trust Co.,

tral

New

York

opinion

City.
Reed,

of

The approving'
Hoyt & Wash¬

furnished to the purchaser.

Solvay, N. Y.

Definitive

Available—

Bonds

definitive
Dec.

from

1,

housing

1948

1950

to

and

deliver
bonds, dated

due

1998

on

Dec.

inclusive,

Denomination

1949.
on

May 1,

as

1950 to 1970
1971

1974

to

in 1975.

1

in

$1,000. Due
follows: $3,000 from

inclusive; $2,000 from
inclusive, and $1,000

Bidders to

name

the rate

of

interest, expressed in a mul¬
tiple of V4 or l/10th of 1%. Prin¬
cipal and interest (M-N) payable
at the Solvay Bank, Solvay.
The
approving opinion of Vandewater,
Sykes, Heckler & Galloway, of
New York City, will be furnished
to the purchaser without cost. A
certified check for $1,440, payable
to the Village, is required.
Triborough Bridge and Tunnel
Authority, N. Y.
$141,500,000
Sold

—

made

Revenue

Bonds

Formal announcement

was

May 4 of the sale by the

on

Authority, with the assistance of a
investment
banking

nationwide

headed by Dillon, Read &
Co., Inc., New York, of $141,500,-

group

000

,

bonds 1949 issue. This

revenue

constitutes the largest sale of rev¬
enue

bonds

ever

made and the fi¬

nancing consisted of the following:
$41,500,000 2 V2% bonds, due May
1, 1964.

100,000,000 23/4% bonds, due May

1, 1969.
The bonds are dated May 1,
and

are

1941>

subject to redemption by

operation of the sinking fund oft
and after May 1, 1953, and other¬
wise
than
by operation of the
sinking fund at any time, as set
forth in the Circular.

Publicly Offered

Bonds

connection
was

with

—

It>

the financing, it

announced that $20,275,000 of

the 2%%

15-year bonds and $15,-

100,000 of the 23/4% 20-year bonds
are being purchased from the Au¬

thority by certain banks. The re¬
maining $106,125,000 bonds were
publicly offered on May 4 by Dil¬
lon, Read & Co., Inc., and associ¬
ated underwriters at a price of

The

plus accrued interest from.
1, 1949. Other members of
are:
Lehman Bros.;
First Boston Corp.; Blyth &

account

Lazard Freres & Co.;
Ripley
&
Co.,
Inc.;
Smith, Barney & Co.; Blair & Co.,

Co.,

,

Ma¬

Co., of Buffalo, as
price of 100.307, a basis
1.34%.
Dated June I,

1949 and due

the

York, will be prepared to

on

May

Trust

May

$8,848.22 river road water district
bonds.
Denomination
$300,

for $44.22. Due

Bond

,

par,

(State of)

The Bank of Manhattan Co., New

one

,

Plattsburgh, N. Y.

New York

"

lows:

except

New York.

Bacon, Stevenson & Co.

interest
as

,

p.

and

Sons,

high bid of

Town

not

lins

1950

(P. O.

Lewiston), N. Y.

763.02

$375,000 school

May

1825—were awarded to E. H. Rol¬

—

2s, at

offered

bonds

The $67,000 water
offered
April 29 were

Bond Sale

100.21,
NEW JERSEY

(P. O.

Solvay), N. Y.

of New York, as

bonds.

May 24, 1949. Due

Water Dist.

First

Bond

Bond Sale—The

Belen, N. Mex.
Offering—Garland Stew-

the

Offering — Leonard W.
purchase of $78,000 not
Village Treasurer, will
to exceed 5% interest coupon or Pfeiffer,
receive sealed bids until 2 p.m.
registered water bonds.
Dated
.May 1, 1949. Denomination $1,000. (DST) on May 12 for the purchase
of $722,000 not to exceed 5% into
Due May 1, as follows: $7,000 in
1950 and
1951, and $8,000 from general improvement, 1949 coupon
1952 to 1959 inclusive. Bidder to or registered bonds. Dated May 1,
11 for the

NEW MEXICO

These

years.

to

Is, at
price of 100.031, a basis of about
0.988%. Dated May 1, 1949 and
due on May 1 from 1950 to 19531
inclusive.
Second
high
bid
of100.11
for
1.20s
was
made
by
George B. Gibbons & Co., Inc.,

City Treasurer, will receive sealed
bids until 3:30 p.m. (DST) on May

N) payable at the City Treasurer's

NEW YORK

awarded

a

burn, of New York City, will be

Y.

Lockport, N.
Offering

S.

1968

bonds were authorized at an elec¬

1933—were

—

National Bank of Olean, as

Dated

Webster
Minsch,

Buffalo Housing Authority, N. Y.
Note Sale —The $1,660,000 14th

ranging from

on

pressed in a multiple of Va or 1/10
of 1%. Principal and interest (M-

Monell & Co.

rates

Olean, N. Y.
The $48,000 paving
bonds offered May 4—v. 169, p.
Bond Sale

rine

d

r o

pressed in a multiple of V/or 1/10
Trust Co. of Buffalo.
'
•
inclusive, and $70,000, in
of
1%.
The approving opinion
1969.
Principal and interest (AErie County Water Authority,
of Vandewater, Sykes, Heckler &
Lake County School District No. 23 O) payable at the County Treas¬
New York
Galloway, of New York City, will
urer's
office.
The
(P. O. Poison), Mont.
approving
Governor Signs Bill—Governor be
furnished
to
the
purchaser
Bond Offering — Mrs. Lola M. opinion of Chapman & Cutler, of Thomas E. Dewey signed on April without cost.
A certified check
Wolfinger, District Clerk, will re-r Chicago, will be furnished to the 29 a bill establishing the above for $6,520, payable to the City, is
ceive sealed bids until May 31 for purchaser without cost. A certi¬ authority and authorizing it to
required.
the purchase of $329,000 not to fied check for 5% of the amount furnish and supply water in the
New Scotland, Guilderland and
exceed 6% interest construction of the bid. payable to the District, county other than in the City of
(P. O. Voorheesville), N. Y.
bonds.
The bonds will be sold as is required.
Buffalo and the Town of Tona(P. O. Voorheesvilles), N. Y.
wanda.
either amortization or serial bonds
to

MONTANA

interest

iy4%to4%.

1825—were

Limestone, N. Y.
Offering—M i 1 d

name

A.
and

bear

bonds

.

high bid of 100.06 for 2.10s
made by a group composed of

Dolphin
&
Co.,
Dougherty & Co.,

exchange for outstanding tempo¬
rary receipts in bearer form on
May 10, 1949. The bonds

certi¬

is required.

Bond

57

and after

of the amount

Second

on

nomination

1,

Falls.

Feb. 1 from 1950 to 1979 inclusive.

15.

ceed

1965 inclusive.

May 2, 1949.
Principal
and interest (M-N) payable at the
Power
City Trust Co., Niagara

1962; optional after
The bonds were au¬ series notes offered April 28 were

an

ex¬

Denomination

Dated

Bond

April awarded to the Chemical Bank &
Trust Co., of New York, and Asso¬
ciates, at 0.94% interest, plus a
NEVADA
premium of $17. Dated May 24,
1949. Due on Dec. 20, 1949.
Washoe County, Reno Sch. Dist.
No. 10 (P. O. Reno), Nev.
Dryden and Hartford Central
School District No. 1 (P.O.
Bond Offering — G. E. Myers,
Dryden), N. Y.
Clerk of the Board of -Trustees,
Bond Sale—The $25,000 build¬
will
receive
sealed
bids
until
ing bonds offered April 28 were
8 p.m. (PST) on May 10 for the
awarded to George B. Gibbons &
purchase of $2,500,000 not to ex¬
thorized

1.951 to

Woodbury, N. J.
Bond Sale—The

Bonds Sold—An issue of $25,000

ser

district

road

$300, except one for $414.80,
Due on
May 2, as follows:
$414.80 in 1950, and $300 from

,

has been sold to Robert E. Schwe-

Issaquena County (P.

river

tension. bonds.

to

■

water,

Dated May

3% building and equipment bonds

price of 100.03.

to

$48,000

was

NEBRASKA

1950

from

of

to

"ward

en¬

determine upon at the time
of sale, both principal and interest
to be payable in semi-annual in¬
stallments during a period of 20
years from the date of issue.
If

after

County (P. O.
Gulf port), Miss.
Bond Sale—The $58,500 agricul¬

the

amortization

If

sold and issued the

issue

as

of

may

on

Harrison

Board.
are

bonds

choice

second

single bond

sum

MISSISSIPPI

the

4,914.80

1951
".

of

vided as follows:

p.m.

the

to

$300 from

and

inclusive.

1978

15

City Treasurer, will receive
sealed bids until 11 a.m. (DST) on
May 17 for the purchase of $3,023,000 not to exceed 6% interest
coupon
or
registered bonds, di¬

(2041)

vano,

District Clerk, will receive sealed

bids until 8

on April
inclusive.

Due

1954

to

1950,

Linden, N.J.
Offering—Charles S. Val-

Bond

R.; Nelson,

will be the first choice and serial,

to

1950

Montana

Offering—M.

fered

1951

15,

from

Phillips County High Sch. Building
Dist. No. A (P. O. Malta),
Bond

1949.

April

$1,000, payable to the
clerk is required.

above

Saffin & Co., of New

Boland,

certified

A

CHRONICLE

York, as 1.35s, at a price of 100.02,
a
basis of
about
1.34%. Dated

for

system

from

to

FINANCIAL

any

date from and
from the date of

years

Interest

check

on

payment

10

issue.

serial

or

will be redeemable in full

not

Austin, Minn.

from the date
bonds

amount of $54,800; the sum of
$54,800 will be payable on June
30, 1950, and the sum of $53,800
will become payable on the same
day each year thereafter until all
of such bonds are paid. The bonds,

31

MINNESOTA

years

serial

If

&

Inc.;

Harriman

Inc.; Eastman, Dillon & Co.; Glore,
Forgan & Co.; Goldman, Sachs &

,

58

(2042)

THE

COMMERCIAL

Gaston County (P. O.
Co.; Kidder, Peabody & Co.; Ladenburg, Thalmann & Co.; W. C.
Gastonia), N. C.
Langley & Co.; Stone & Webster
Bond Sale—The $800,000 series
Securities Corp.; Union Securities B
school building bonds offered
Corp.; White, Weld & Co.; A. C. May 3 — v. 169, p. 1933 — were
Allyn & Co., Inc.; Hemphill, Noyes awarded to a
group composed of
& Co.; Merrill Lynch, Pierce, FenScott, Horner & Mason, of Lynch¬
ner & Beane; Phelps, Fenn & Co.;
burg, Peoples National Bank of
L. F. Rothschild & Co.; Salomon
Charlottesville, and Jackson &
Bros. & Hutzler; Stranahan, Har¬
Smith, of Gastonia, at a price of
ris & Co., Inc., and B. J. Van In100.109, a net interest cost of
gen & Co., Inc.
about 2.098%, as follows:

Purpose of Issue

The Author¬

—

$110,000 6s. Due

ity will

use a portion of the pro¬
ceeds of the sale to repurchase at

its

par

23/4%

$107,750,000

and

held

by

3Vs %

Of

balance

the

1955

bonds

1

to

June

on

1973

from

1

from

inclusive.

All of the bonds

Finance

June

on

1954 inclusive.

690,000 2s. Due

outstanding

revenue

Reconstruction

Corporation.

1950 to

1, 1948. Second high bid of 100.005

of

for

a combination of
$110,000 6s;
$165,000 2V2s, and $525,000 2s, was
will be
made
by a group composed of
used to complete the BrooklynGoldman, Sachs & Co., Estabrook
Battery Tunnel and the 1,050 car
& Co., Mercantile-Commerce Bank
Battery parking garage now under
& Trust Co., Alex. Brown & Sons
construction, and $2,350,000 will
and F. W. Craigie & Co.
be available for additions and im¬

proceeds (together with
other funds) $18,250,000

provements

$688,500

Mine

Township,

CHRONICLE

b'av

Franklin

able

1953.

ling, Secretary of the Local Gov¬
Commission, will receive

ernment

sealed bids at his office in

principal only, refund¬
ing road bonds. Dated May 1, 1949.
from 102% to par.
Denomination $500. Due May 1, as
The Authority is a public bene¬ follows: $1,500 from 1952 to 1963
inclusive and $4,000 in 1964 and
fit corporation having jurisdiction
1965.
Principal and interest (Mover
the
Triborough,
BronxWhitesone, Henry Hudson, Mar¬ N) payable in New York City.
Rate or rates of interest to be ex¬
ine
Parkway and Cross Bay
Parkway
toll
bridges and
the pressed in a multiple of V4 of 1%.
A certified check for $520, pay¬
Queens-Midtown toll tunnel, and
able to order of the State Treasur¬
over
the
Brooklyn-Battery
toll
tunnel
now, under
construction. er, is requirbd. Legality to be ap¬
The Authority plans to open the proved by Mitchell & Pershing, of
New York City.1
new
tunnel before Sept. 1, 1950
with

of

rate

toll

a

cents

35

for

Harris

passenger cars. Upon the comple¬
tion
of this financing, the
Au¬

of*

Bond

Offering—W.

1950 to

for

of

benefit

the

'

E.

Easter-

(EST)

bridge

issue,

pledged ' for
new

revenues

Based

issue.

of

the

York,
a

Shields

to

¬

Denomination $500. Due
as
follows: $1,500 from

City.

$920,

I%s, at

as

a

Co.,

&

f

A certified check for

payable

to

of

order

the

Laurinhurg, N. C.

.

Bond

All of the bonds are dated

1954.

1,

-

100.262 for

both

high

bid

of

1.30s was made by an

of Laidlaw &
Dominick & Dominick,
of New York, jointly.

account

Co.,

Second

May

composed

until 11

a.m.

(EST)

on

as

to

follows:

83,000 series

B

Due June

1,

and

and

purchase
as

as follows: $2,000
to 1954 inclusive,

1951

to

1960

inclusive,

$2,000 from 1961 to 1966

inclusive.

and

light

of

1954

inclusive;

from

in

1956,

1950 to 1955

1957

to

1,

are

dated June

Denomination

1949.

of 1%.

Rate

N) payable in New York City. A
certified check for $400, payable
to order of the State Treasurer, is

pressed in

or

inclusive.

1969

All of the bonds

$1,000.

rates of interest to be

ex¬

multiple of V4 of 1%.
Principal and interest (J-D) pay¬
a

able in New York City.

$2,000

1960 to

1962
and

1964.

of

interest

and
New

be

to

multiple of

x/4

interest

of

or

1 % s.

in

-!

required.

Legality

to

be

is

ap¬

are

' $

• >1.

dated June

* •

-

.

.

t

> *

_

April

on

29—v.

awarded

169,

p.

follows:

as

10 bonds were

sold to Lehman Bros.,
York, and Harris, Hall &
Co., Chicago, jointly, as 13/4S,
at .a .price of 100.067, a basis of
were

New

a

.-i.'li.

about 1.741%.
from 1950 to

Due

on

Dec. 1

1969 inclusive,

y

Callable

,

interest, in inverse numerical
order, on or after June 1,
1961.
;

at

and

par

accrued

;

ational building, facilities and

.

Easter-

1, 1949.

All of the bonds

are

dated June

Offering

Cain,

of

to

Corp.,

ond

2.26%,

Due

1972

,

Dec. 1 from

on

Dated

,

inclusive.

-

»The

sec-

:

-

,

highest bidder was Hayden i
& Co., for 2y2s, at a price *

of

102.32.

Sale

Details

;

•

•.

Oak Harbor,

;

Ohio
—

The $4,085

.

Ohio

;

Bond

(EST)

f

,

j>:

'

Bank Co,, as previously noted in 169, p. 1718, were
sold as 13/4S, at a price of par.
•
1

j

,

street improvement, special assessment bonds purchased by the Oak

r

|

(State of)

i,

Offering—Charles

|

F.

bids

sealed

ll.

until

'

'

a.m.

May 25 for the purchase

on

of $12,500,000 World War II com- >

pensation,

1949

issue; coupon
April 15, 1949. De¬
Due $377,000
Oct. 15, 1949, $379,000 April and •
$382,000 Oct. 15, 1950, $385,000
April and $387,000 Oct. 15 1951, ;
$390,000 April and $392,000 Oct.
15, 1952, $395,000 April and $398.-1
000 Oct.
15, 1953, $401,000 April
Dated

nomination

$1,000.

and

$403,000 Oct. 15,1954, $406,000
April and $409,000 Oct. 15, 1955,
$412,000 April and $414,000 Oct.
15, 1956, $417,000 April and $420,000

,

•

'

4 *

Oct.

15, 1957, $423,000 April
$426,000 Oct. 15, 1958, $429,April- and $432,000 Oct. 15,

and
000

'

1959,

$435,000 April and $438,000
1960, $441,000 April and
$444,000 Oct.
15, 1961, - $447,000
April and $450 000 Oct. 15, 1962,
Oct.

15,

$453,000

April; and

$456 000 Oct.

April 15,
a
single
interest,: expressed in a
multiple of Vs. of 1%. Principal
and interest payable at the State
15,

1963, and
1964. Bidders

$459,000
to

name

of

Treasurer's office

or.

at the

option

of the holder, at the National
of

New

York.

•

These

City

bonds

'•

part of the $300,-000*000 issue

are

.

authorized at the general election
held in Nov. of 1947. The approv¬

ing opinion of Chapman & Cutler,
of

Chicago, will be furnished

to

the purchaser at his own expense.
certified

A

check

for

$250,000,
payable to the Commissioners of
the Sinking Fund, is required.
j

Perkins Local School District

j

(P. O. Sandusky, R. R. No. 2
Ohio

*Rond
ing

v

Sale—The $580,000 build¬

of-

»

fered May 2—V/169, p. 1718—were

improvement

.

and

bonds

to

awarded

and Nov.

1, 1949. Due

;
/
.

May 1

on

.

1973 incl.

1 from 1950 to

inclusive.

the rate

or

Bid¬

in a multiple
Principal and in¬

1%.

(A-O) payable at the City
office.

The

of

and

Cleveland,
paid'for

street

approv¬

will
by

be
the

Details—The

$23,775 ^

improvement bonds o u rby the Sinking Fund Trus¬

chased

previously noted in v. 169,
as 2s, at a price
of< par.
Dated May 1, 1949.
De¬
nomination
$2,375,
except
one
for"$2,400. Due' on Nov. 1 from
tees,

as

1718, were sold

p.

•

;

-

1954 inclusive.

1949 to
-

'

?

•

•

i

.

*

f

A-

'•

Sale—The $5,825 sanitary

Bond

rates of

expressed

of

Sale

Bortd

arid storm sdwer bonds offered

May

4—v.
awarded "to

169,

p.

on

"171'8—were

the "First

Cleveland

;

price of 100.412.
J. A. White & Co., of Cincinnati,
only other bidder, offered 100.497

•

Corp.,

as

2s, at

*

a

for 2l/2s.

•

' \r

"

City. A certified check for 1% of

$2,000 fire

the

bonds bid for,
payable to the City, is required..

Bank

was

Cleveland,

3%s, at a price of 100.25.

South Zanesvide Sch. Dist., Ohio

the amount of the

ap-?

•

.

Bond Sale—The

and

Dayton,

of

Bonds

of

bidder

noon

1954

Dempsey,

1965 inclusive.

highest

to

name

furnished

Bowling
Green, as 2s, at a price of par.
Dated Feb. 1, 1949. Due on Feb. 1
1951

Clerk,

ing opinion'of Squire, Sanders &

paratus and equipment bonds of¬
fered April 25—v. 169, p. 1717—

from

1, 1949/
to

;(;

price of 102.44,

a

about

1950

Agnes Brown

—

until

Treasurer's

Bradner, Ohio

to

1/4

terest

OHIO

Co.,

1951

interest,

Legality
approved
by
Mitchell
& .Pershing,
of
New
York City.

County

bids

from

the State Treasurer^ is re¬

awarded

City

sealed

quired.

Wood

of

Shelby, Ohio

Bond

ders to

were

2y2s, at

June

Dated May

y4 of 1%.. A certified
check for $10,000, payable to or¬

Sale—The

as

basis

a

Ryan, Sutherland ■ &
Co., of Toledo, as 2V2s, at a price
oL 102,28, .a basis of about 2.32%.

will receive
(EST) on
May 19 for the purchase of $551,000 2% salary retention judgment
fund No. 2, coupon bonds. Dated
June 16, 1949.
Denomination $1,000.
Due on Oct. 1, as follows:
$111,000 in
1950,
and
$110,000

Bond

land,

1, 1949.

of

f

•

Cleveland

1.535% 4

De¬

;l;

■

equipment fund No. 12 bonds
were
purchased by Sweney,
Cartwright & Co., of Colum¬
bus, at 13/4s, at a price of
101.26, \ a y: basis
of
about

'

$1,000.
Due June 1,
as
follows: $10,000 from 1952 to
1958
inclusive; $15,000, 1959 to
1962 inclusive; $20,000 from 1963
to 1968 inclusive, and $25,000 from
1969 to 1978 inclusive.
Principal
and interest (J-D) payable in New
York City.
Rate or rates of in¬
terest to be expressed in a mul¬

der of

v.,

1826—were awarded to the hj
Corp., of Cleve- [,

p.

Bank

60,000 parks, playground, recre¬
:

169,

rate

Sale—The $560,000 .bonds

ment fund No.

$760, payable to order of the
Treasurer, is required. Le¬
gality to be approved by Mitchell
& Pershing, of New York City.

Cleveland

Treasurer,

bonds

on

$500,000 water works enlarge¬

State

order

State

bonds

impt.

st.

Due

Columbus, Ohio

r

,

1826—were

for

Dated June

impt.

on

Sept. 1 from
1950 to 1959 inclusive.
v. •:

payable in
York City. A certified check

second

the

on

Due

l3/4s.

as

offered

Principal

E.

IV2.S.

Sept. 1 from
1950 to 1973 inclusive,

as

(M-N)

Offering—W.

as

1 from 1950 to

250,000 fire station

rates

expressed

1%.

Sept. 1, from

1950 to 1979 inclusive.

inclusive and $3,500

1963

Rate

bonds

impt. bonds as
Sept. 1 from

•

Bond

Due
from

in

A certi¬
fied check for $4,740, payable to
of

on

Sept.

^

inclusive; $2,500 from
inclusive; $3,000 from

1956 to 1959

impt.

inclusive.

590,000 airport
13/4s.
Due

!

bonds.

$3,000, 1955;
and
$7,000

on

Inc.

only, re¬
Dated May

bonds.

centers

1, 1949. Second high bid of 100.155
$2,195,000 iy2s and $1,040,000
l%s, or a net interest cost of about
1.572% was made by a syndicate
headed by Halsey, Stuart & Co.

May 17 for
$38,000 not to

V

The $255,000 con-

—

First

on

for

on

follows:

as

Due June 1, as follows: $3,000
in 1951; $4,000 from 1952 to

$6,000

Due

All of the bonds

Denomination $500.

1, 1949.
May 1,

tiple

115,000 water

as




bonds.

$5,000 from 1955 to 1969

from

of $20,000 not to ex¬
registerprincipal • only, street

required. Legality to be approved
by Reed, Hoyt & Washburn, of
New York City.

impt.

22,000 sanitary sewer bonds. Due
June
1,
as
follows:
$1,000

May 17 for

expressed in a multiple of V4
Principal and interest (M-

1951

st.

inclusive.

Easter-

follows: $2,000 in 1951,
and $1,000 from 1952 to 1969 in¬
clusive. Rate or rates of interest to
be

(EST)

a.m.

Due

1964 inclusive.

:

until 11

Ohio

Sale

struction bonds offered May 4—v.'

bonds.

iy4s.

Due

C.

N.

Offering—W, E. Easterling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh

nomination

1959 inclusive.

to

improvement bonds. Dated May 1,
1949.
Denomination
$1,000. Due
May 1,

principal only, bonds,

$17,000 series A st. impt. bonds.
Due June 1, as follows: $8,000
in 1950, and $1,000 from 1951

ceed 6% interest coupon,
as

to

health

200,000 general

County,

IV2S.

as

1950 to 1964

;

bonds.

as

bonds

55,000 park impt. bonds

Franklin

terable

the purchase
able

Township,

' j'

R. D. No, 3, Elyria), '
/

Bond

I

:|

Elyria Twp. Local School District
(P. O.

j!

;

May 1,, 1949.

Sweeney, Secretary of State, will

as

Associates,

a.m. (EST) on May 17 for
purchase of $237,000 not to
exceed 6% interest coupon, regis-

from

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh

Arnold

Creek

elimina-

crossing

clusive.

'

Salt

the

on

225,000 playground

Inc.

Bond

Easter-

until 11

Blowing Rock, N. C.
E.

E.

the

NORTH CAROLINA

Offering —W.

Offering—W.

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh

and

Bond

&

Due

as iy2S.
Due on
Sept. 1 from 1950 to 1974 in¬

$30,000 3s
made by

was

f

Harbor State

impt. bonds
Sept. 1 from

impt. bonds

par

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh
until 11 a.m. (EST) on May 17 for
the purchase of $500,000 not to
exceed 6% interest coupon, registerable as to principal only, water

,,

$200,000 series A bohds. Due on
May 1 from 1950 to 1969 incl.
310,000 series B bonds. Due on
May 1 from 1950 to 1959 incl.
250,000 series C bonds. Due on
May 1 from 1950 to 1954 incl.

Kirchofer

of

3X/4S,

$81,000

of

Statesville, N. C.

Sale con¬

basis of abbut 1.243%.

sisted of:

combination

a

bid

Pershing, of New York City.

New

price of 100.042,

high

from

1

:

funding road

public
State Treasurer, is required.
Le¬
improvement bonds offered
on
gality to be approved by Mitchell
May 5 — v. 169, p. 1933 — were &
awarded

for

and

Second

]

in-

receive

interest coupon, regis-

1952 to 1959

Sale—The $760,000

Bond

1949.

st.

125,000 public

dated May

are

tion

v

to:; principal

York

N. Y.

Utica,

1980 to 1982 inclusive.

1959

A*.

1

clusive.

May 1 from
,1975 to 1979 inclusive.
15,000 2 %s. Due on May 1 from
All of the bonds

$5,000 on; (;

Sept. 1 from 1950 to 1979 in¬

on

terable

1, 1949.
May 1,

estimates

on

!-

1956 to 1974 inclusive.

25,000 33/4s. Due

1 y>s.

450,000 grade

May 1 from

on

Sept.

on

1950 to 1974 inclusive.

inclusive.:,

exceed 6%

inclusive; $5,000, 1960
made by Madigan-Hyland for the to 1962
inclusive; $5,500 in 1963
Authority, and concurred in by and 1964;. $6,000 in 1965, and $2,Coverdale & Colpitts for the un¬ 000 in 1966.
Rate or rates of in¬
derwriters, all of the 1945 issue terest to be expressed i>. a mul¬
will be retired by early 1958, and
tiple of i/4 of 1 %.
Principal and
the new bonds by mid-1965.
interest
(M-N) payable in New
i

1955

to

61,000 23/4s. Due

1,

Dated

Bond
as

1950 to 1974 inclusive.v
as

$111,000 sewer
May 3—v. 169, p.

terable as to principal only, re¬
funding road bonds.
Dated May

are

benefit

the

May 17 for

on

ceed

after the retirements of all of the
1945

1951

Due

140,000 general

Sale—The

offered

bonds

Due

-

1950 to

.

-

•

the purchase of $46,000 not to ex¬
6% interest coupon^ regis-

the

Tunnel revenues and,

Issue.

1945

bridges are

the

from

Revenues

pledged

IV2S.

j

from

elusive.

1969 inclusive.

600,000 general st. impt. bonds

.

A'

1

Miller

$600,000 general st. impt. bonds as
i
lVis.
Due on Sept. 1 from

$1,600, payable to order; of the
State Treasurer,, is required. Le¬
gality approved by Mitchell &
Pershing, of New York City.
Ramseur, N. C.

1.560%,

follows:

as

Bond

thority's funded debt will consist
ling, Secretary of the Local Gov¬
of the new issue and $94,352,000
ernment Commission, will receive
Triborough
Bridge
Authority sealed bids at his office in
Raleigh
revenue bonds (1945 issue).
until 11
a.m.

net interest cost of about

a

1 %.

Principal and
interest
(J-D) payable in New
York City.
A certified check for

Bond

NOv.

a.m.

tiple of y4

ries O bonds.

• - -

.

.

Bank,,
both
of
Philadelphia,
White,"; Weld & Co., New York,
Weeden ' &
Co., San Francisco,
exceed 6% interest coupon, regisCoffin & Burr, of New York, A. G.
terable as to principal
only, street Becker & Co/, and H. M. Byllesby
improvement bonds.
Dated June- &
Co.j both of Chicago, City Na¬
1,
1949.
Denomination
$1,000. tional. Bank & Trust
Co., Kansas
Due $5,000 on June 1 from 195 F to
City, and the Milwaukee Co., of
1966 inclusive.
Rate or^rateskoL
Milwaukee, :at~ a price of 100.0429,
11

Township, Franklin Coumty,
North Carolina

►

The

—

Raleigh
(EST) on May, 17
for the purchase of $80,000 not to
until

to

as

Sale

$3,235,000
bonds offered May 2—v. 169, p;
1717—were awarded to a syndi¬
cate composed of the First Na¬
tional Bank of Chicago, Drexel &
Co., • and »Philadelphia National

.

The bonds are also call¬
able at any time at prices ranging
1,

Cincinnati, Ohio

Bond

.

Lumberton, N.^.C.:
Offering—W. E. Easter-

Bond

;

-

Pershing,

City.^;-,

ity's projects or for related con--,
County, N. C.
1934—were awarded to Vance Se¬
nections Or parks. The remairfing
Bond Offering — W. E. Eastercurities Corp., Greensboro, and J.
$11,150,000 is to be distributed to' ling, Secretary of the Local Gov¬
Lee
Peeler
&
Co., of Durham,
bond reserve, interest and operat¬ ernment
Commission, will receive
jointly, at a price of par, a net in¬
ing funds of the Authority.
sealed bids at his office in Raleigh
terest cost of about 3.055%, as fol¬
The new 2V2% and 23A% bonds until 11 a.m. (EST) on May 17 for
lows:
the purchase of $26,000 not to ex¬
are subject to redemption at par
by sinking fund on or after May ceed 6% interest coupon, register- $10,000 6s. Due on May 1 from
,

t

Gold

of the Author¬

on any

Mitchell

York

New

FINANCIAL

interest to be expressed in a mul¬

dated June

are

by

proved
of

&

Ohio

sold

to

the

—

awarded

to

City

of

Treasury Investment Board, as 2s,
at

The

a

bonds

was

price of

par, as

follows:

$200,000 motor vehicle equipment
bonds.
Due $40,000 on Nov. 1

for

from

1

;

bonds

of

000

First

.

offered
v. 169, p. 1718 — were
Hayden. Miller & Co.,

equipment

April 28

Sold—An issue of $250,-

$75,000 building

1950 to

1954 inclusive.

50,000 sewage disposal plant,. Se-

Cleveland,

as

2V2s,

at

a

price

101.32, a basis of about 2.37%.
Dated May ,1; 1949. Due- on Oct.
1' from 1950 to 1973 inclusive. The

second

First
for

highest

Cleveland

2V2s, at

a

•»

bidder was the
Corp., Cleveland,

price of 1C0.91.

,

Volume

THE

Number 4801

169

1

Bond Sale —The $85,000 build¬
ing bonds offered May 2—v. 169,
p. 1826—were awarded to Otis &
Co., of Cleveland, as 2y2s, at a
price of 101.14, a basis of about
on

1969 inclusive,1
r

'

Tiverton Local Sch. Dist. (P.

Brinkhaven, Route
Bond

McCurtain County

(P. O.
Okla.
Bond Sale—The $27,500 county
fair ground bonds offered May 2
—v. 169, p 1934—were awarded to

O.

•

1), Ohio

Offering—I.

T.

Gross,

the

First

State

Bank,

on

wiii receive sealed bids until noon

cost

bid reflecting a net interest
of about 1.86%.
Due from

(EST) on May 11 for the purchase
of $35,000 2%%
building bonds.
Dated May 1, 1949.
Due Nov. 1,

1952

to

ond

$1,000 in 1950, $2,000
1951, $1,000 in 1952, $2,000 in

'♦in

highest bidder

on

Co.

bid

a

$1,000 in 1954, $2,000 in
1955, $1,000 in 1956, $2,000 in 1957,
'$1,000 in 1958, $2,000 in 1959, $1,000
in 1960, $2,000 in" 1961, $1,000 in
1902, $2,000 in 1963, $1,000 in 1964,
$2,000 in 1965, $1,000 in 1966, $2,000 in 1967, $1,000 in 1968, $2,000
In 1969, $1,000 in 1970, and $2,000
in 1971 and 1972. Bidders may bid
.for; a different rate of interest in
.multiples of V4 of ,1 %.
The ap¬
proving opinion of Squire, Sand¬
ers & Dempsey, of Cleveland, will
be
furnished
by the Board of

for

10

1.87%.

(CST) on May 10
purchase
of
$3,000,000

a.m.

-the

school bonds.

in.

These

1974.

April 26.
A certified
2% is required.
Bond

Offering—N.

Clerk of the

Board

receive

a.m.

(CST)

$350,

purchase
bonds.

Sale

Bond

The

—

2—v.

$189,500

26.

un¬

169, p. 1718—were awarded

land, as 2y2s, at a price of
100.289,
a
basis
of
about
2.472%; : Dated April 1, 1949
due

on

Oct.

1

from

1950

to 1974 inclusive.

fire -apparatus

20-000

bonds

to

Fox, Reusch & Co., of Cincin¬
nati, as 2%s, at a price of
100.86,
a
basis
of
about
2.594%.
Dated April lr 1949
and due

1959 inclusive.

[

Willowick, Ohio

--

!>o;dSale

funding

bonds

The

Co.,
follows:;-

-

all bids

offered

3—

May

due

as

12,000

.First

Ada, Okla.

.......

National

in

noted
as

Bank

Trust Co.,

&

City, as previously
169, p. 1718, were sold

v.

extension

water
bid

on

;

follows:

a

reflecting

a

from

1952

$165,000

l%s,

as

1956 to 1960

as

2s, due
inclusive;

due

from

inclusive; $66,000

CU'-2s, due in 1961 and 1962;
$165,000 as 2V4S, idue from
1963
to
1967
inclusive, and

-$62,000.

■
.

1969.

and

2V2S,

as

in "1968

due

\

/

;

;

access. bonds, on
reflecting a net interest
about 2.38%, as fol-1
'"lows:
$44,000 as 2l4s,* due
from 1952 to 1955 inclusive;

bid

of

cost

„:

$55,000 as 2s, due from 1956
to 1960 inclusive; $22,000 as
2V4S, due in 1961 and 1962;
$55,000 as 2y2s, due from 1963
to 1967 inclusive,, and $24,000
as 2%s, due in 1968 and 1969.
Alva

3-

School

Bond

Rice,

—

E.

Milford

sealed bids
until "8 p.m. (CST) on May 9 for
the purchase of $200,000 not to
exceed 4% interest site acquisi¬
tion, building and equipment
bonds.
Due $25,000 from 1951 to
will

receive

1958 inclusive..

These bonds

were

authorized at the election held

April
2%

27.

of the

A

certified

amount

of

$3,000 2M>s,

of

check

on

for

the bid is

required.




1

Wichita,

Co."

of

second

was

O.

Opima), Okla.

County

bids
10

until

for

4

p.m.
(CST)
purchase of

the

certified
of

amount

the

for

bid

T ulsa,

.

.

check

receive

for

the

bids

until

10

a.m.

follows:

ment bonds.

340,000 sanitary sewer bonds.
340,000 storm sewer bonds.
'
Washita County, Lake Valley Con.
School District No. 4 (P. O.
R.

Gotebo), Okla.

Sale—The

ing and furniture
May 2—v.
169,
of

to

flecting
about

a

$7,500
bonds

City,

net

1.88%.-

1958 inclusive.

&
on

offered

Canfield,
a

interest
Due

,

build¬

1934—were

p.

Calvert

Oklahoma

from

bid

re¬

cost

of

1952

to

The second

high¬

est bidder was the First National
Bank & Trust Co., Oklahoma
City,
on a bid
reflecting a net interest

cost

of about

Edward

—

N.

Weaver, Borough Secretary, will
sealed

chase

bids

May

on

10

until

for

8

the

p.m.
pur¬

of

$155,000 general obliga¬
Dated June 1,
1949.
Denomination $1,000.
Due
on June 1, as follows:
$5,000 from
1950 to 1974 inclusive, and $6,000

tion coupon bonds.

from 1975 to 1979 inclusive.
name

the rate of

Bid¬

interest,

expressed in a multiple of Vs
1%.
The approving opinion

of

of
Burgwin,
Churchill,
Ruffin
&
Hazlett, of Pittsburgh, will be
furnished to the purchaser with¬
A certified check for

$3,100, payable to the Borough, is
required.
Etna, Pa.
Bond

Sale—The

$100,000 gen¬
eral obligation bonds offered May
2—v. 169, p. 1719—were awarded
-

Thomas

iy2s. Dated June

June 1 from 1951 to 1960 inclu¬

&

Co., of Pittsburgh,
1, 1949. Due

sive.
Harborcreek Twp. Sch. Dist. (P. O.

1,88%.

was

Butcher &

at

a

Sale—The

Pa.

'

$217,000 gen¬

obligation bonds offered May
169, p. 1719—were awarded
Halsey, Stewart & Co., as l^s,

Due

price

of

100.16,

1.21%.

on

basis

a

Dated Jan.

The

bidder

Moncure Biddle &

was

114s, at

Co.,

bonds

follows:

$100,000
by

purchased

$3,000 from

1950 to 1969

inclusive, and $4,000 from 1970 to
1979 inclusive.

Sale

Offering

—

H.

D.

West

Wyoming Sch. Dist., Pa.

Offering—Joseph KarcutDistrict Secretary, will re¬

skie,

sealed

Monessen,

est

a

6

000

169,

p.

1719—was awarded to Ar¬

&
Klima, of
l%s, at a price of
100.779.
Second
high
bid
of
100.61 for l3/4s was made by the
Lestrange

Pittsburgh,

Due

$2,000

Dated
$1,000.
June 1 from 1950 to

on

inclusive.

1959

Bidders

to

multiple
J-D.

of

A certified

the par

of 1%. Interest
check for 2% of

value of the bonds,

able to the

as

Bond

National

Bank

f.:

The $11,000 fire
equipment bonds offered May 2—
v.
169, p. 1719—were awarded to

Dallas,
1, 1949 and
May 1 from 1950 to 1952

2s.

as

due

Dated

on

RHODE ISLAND

Warwick, R. I.
Bond

Heinle,

receive

sealed

bids until 8 p.m. (DST) on May 17
for the purchase of $100,000 gen¬
eral

obligation bonds.
Pen

Argyl, Pa.

Secretary,

derson,
ceive

(DST)

clusive.
of

Bidders to

interest,

tiple of

Due $2,000
to

expressed in

y8

of 1%.

in¬

1959

name

the rate
a

The

mul¬

approv¬

ing opinion of Townsend, Elliott
&

Munson, Philadelphia, will be

delivered

free

purchaser,
2%

of

the

bonds,

of

charge

to

the

A certified check for
face

payable

amount

to

the

of

Treasurer, is required.

Note

Sale

The

$4,800,000 64th
series notes offered April 28 were
awarded to the Farmers Deposit
National Bank, of Pittsburgh, at
0.91% interest, plus a premium of
$15. Dated May 24, 1949. Due on
Dec. 20, 1949.
—

Additional

Sale —The

$327,000

64th series notes offered

April 28

were

awarded to the Central Han¬
Bank

&

Trust

Co., of New
York, at 0.93% interest, plus a
premium of $6.54. Dated May 24,
over

1949. Due

on

Dec.

20, 1949.

Plains Twp. Sch. Dist.

(P. O.

the

11

re¬
a.m.

May 17 for the pur¬
$435,000 coupon bonds,
follows:

as

1959 inclusive.

to

June 1, as follows: $25,000

on

from
and

1960

to

1967

inclusive,

$10,000 in 1968.

Dated June

1, 1949. Denomina¬
Principal and interest
payable at the Rhode Island Hos¬
pital Trust Co., Providence. The
approving
opinion
of
Storey,
Thorndike, Palmer & Dodge, of
tion $1,000.

Boston, will be furnished to. the
purchaser without charge.
SOUTH
Greenville

ries

CAROLINA

Housing Authority, S. C.

Sale—The $395,000 8th se¬

notes

offered

April

28

were

awarded to the Chemical Bank
Trust

&

Co., of New York, and Asso¬

ciates,

at

0.94%

May 24, 1949. Due

interest.
on

Dated

Dec. 20, 1949.

Lancaster

County (P. O.
Lancaster), S. C.

Sale

Bond

—

The

$365,000 road

and school bonds offered May 4—
v.

169,

1827—were awarded to

p.

a

syndicate

composed of the Trust
Company of Georgia, Atlanta, A.

M. Law &

Co., of Spartanburg, G.
Co., of Columbia,
g e r,
Barnwell & • Co.,
Charleston, at a price of 100.06,
a basis of about 2.19%, as follows:
H.

Crawford &

and

Plains), Pa.

will

until

210,000 public works bonds. Due

Note

Pittsburgh Housing Authority, Pa.

bids

on

of

the

Borough

Treasurer,

$225,000
highway
bonds.
Due
$25,000 on June 1 from 1950

will receive
(DST) on

Denomination $1,000.
on
June 1 from 1950

City

sealed

chase

bonds. Dated June 1, 1949.

coupon

Offering—G. Conrad An¬

divided

Bond Offering—E. G. Godshalk,

Borough

May

inclusive.

New Kensington, Pa.

will

—

the First National Bank of

Trust

&

Bond Offering—Louis G.

Clerk,

pay¬

District, is required.

Sale

Co., Monessen.

City

name

the rate of interest, expressed in a

,

Peoples

p.m.

Wyoming, Pa.

Sale—The issue of $100,bonds offered on May 3—v.

Smith,

group

until

funding coupon bonds.
June 1, 1949. Denomination

Pa.

Bond

Bond Offering — Michael Lonwill receive
(EST) on coski, Secretary of the Board of
May 17 for the purchase of $75,- Directors, will receive sealed bids
000 school bonds.
until 8 p.m. (EST) on May 17 for
the purchase of $75,000 improve¬
Harrison Township School District
ment coupon bonds. Dated June 1,
(P. O. Natrona), Pa.
1949.
Denomination
$1,000. Due
Bond Sale—The $220,000 school
$5,000 on June 1 from 1951 to
bonds offered May 2—v. 169, p.
1965 inclusive.
Bidders to name

to

bids

(DST) On May 16 for the purchase
of $20,000 not to exceed 4% inter¬

*

Secertary,

awarded

$48,000 im¬

'

sealed bids until 7 p.m.

1827—were

Pa.

The

—

.

thurs,

p.

Bond

ceive

Marple Twp. (P. O. Broomall), Pa.
Bond Sale Details—The

169,

169, p. 1499—were awarded to
Fauset, Steele & Co., and Singer,
Deane & Scribner, both of Pitts¬
burgh, jointly, as iy4S, at a price
of
100.20.
The
second
highest
bidder was E. H. Rollins & Sons,
for l7/ss, at a price of 100.68.

highest

price of 100.13.

a

2—v.

to Singe.r,
Scribner, of Pittsburgh.

&

Somerset,

July 1 from 1950 to 1959

inclusive.
for

of

1, 1949.

second

$85,000 school

May

v.

3—v.

a

Dist.

provement bonds offered May 2—

eral

about

Sch.

awarded

were

Bond

Williams port),

Township

offered

Sherrerd, for 214s,

Lycoming County (P. O.
Bond

be¬

are

May 17.

on

Sale—The

—

Deane

price of 100.10.

Harborcreek), Pa.
Bond

District

$5,750,000 water works improve-

awarded

Offering

on

(CST) on June 7 for the purchase
$6,430,000 bonds, divided as

R.

Bond

Pa.

Board, will

of

.

Corapolis,

as

Widdows,

at a price of
second highest bidder

May 13 for the purchase of $20,000
fire
apparatus
and
equipment

to

is required.

Okla.

Utility

sealed

of

Bank of

The bonds

59

(P. O. Pricedale), Pa.
Bond

sealed bids until 8 p.m.

PENNSYLVANIA

^

May
$15,000

2%

Bond Offering—A. M.

•

office

on

building and furniture bonds. Due
$3,000 from 1952 to 1956 inclusive.
A

Treasurer's

proving opinion of Winfree, McCulloch, Shuler & Sayre, of Port¬
land, will be furnished. A certi¬
fied check for $9,160, payable to
the District, is required.

out charge.

—
Oscar Brune,
Clerk, will receive sealed

National

2I/4S,

as

The

par.

De¬

at the fiscal
agency of
the
State of New York City.
The ap¬

ders to

Securities

July 1, 1949.

or

(DST)

_

Bond Offering
District

Bond

Clerk of the Board of Edu¬

cation,

■

.1

Texas County School District No. 9

District, Okla.

Offering

the

Rostraver

interest school coupon

Dated

receive

1955 inclu¬

■; ;•

First

Attorney

200,000. limited
a

to

bonds:

sewer

Kansas,

as

1955

to

.

high bidder.

bonds,
net in¬

terest cost of about 2.13%,

$132,000

1952

//././•;

;

(P.

\

'

The

follows:

'$385,000

from

sive.••

$790,000
purchased by the

Oklahoma

of

as

in ,1951, and $9,000 lM>s,
due from 1952 to 1954 inclu-

Bend Sale Details—The

bonds

City,

due

OKLAHOMA

various

Oklahoma

-

sive.

were

,

of

$18,000 water, bonds: $4,000 2V2s,
due in 1951, and $14,000 iy2s,

$700,000;re^

1826—were not sold,
rejected.

169,

v.

—

at

awarded to the Small Mil-

burn

un¬

(MST) on June 8 for
purchase of $458,000 not to

,

—were

the

Penbrook,

v.

$19,000 in 1953 'and 1954, $20,000
in 1955, $21,000 in 1956 and 1957,
$22,000 in 1958, $23,000 in 1959,
$24,000 in *1960 and 1961, $25,000
in 1962; $26,000 in 1963, $27,000 in
1964, $28,000 in 1965, $29,000 in
1966, $30,000 in 1967, $31,000 in
1968, and $33,000 in 1969.
Prin¬
cipal and interest (J-J) payable

Shawnee, Okla.
Bond Sale—The $30,000 bonds
offered on May 2—v. 169, p. 1934

Oct. 1 from 1950 to

on

of

/

■

in

noted

nomination $1,000.
Due Jan. 1, as
follows: $18,000 in 1951 and 1952,

April

on

certified check for 2%

about 1.73%.

School District No. 52

p.m.

bonds.

Bond Sale Details—The $30,000
building, repair and equipment
bonds purchased by Evan L. Davis
of Tulsa, and the First National
Bank & Trust Co., of Oklahoma
City, jointly, as previously noted
in v. 169, p. 1718, were sold as l%s
at a price of
100.06, a basis of

bonds to Otis & Co., of Cleve¬

and

A

inclu¬

1969

to

previously

exceed 4%

10

author¬

were

5

the

Osage County Indep. Sch. Dist.
No. 11 (P. O. Shidler), Okla.

improvement

sewer

til

the amount of the bid is required.

May

on

follows:

$167,500

until

1719

to

Schmidt, Poole & Co., of Philadel¬
phia, as 2I/2S, at a price of 102.00,
as
previously noted in v. 169, p.
1719, are in the denomination of
$1,000 and are due on May 1, as

for

George,
Education,

bids

bonds

to

as

not sold.

were

ing reoffered

Township Sch. Dist.
(P. O. Colonial Park), Pa.
Sale—The $10,000 school
bonds
offered
April
29
were

of

County School District
No. 26-C (P. O. Nyssa), Ore.
Bond Offering — The District

May 10 for the
$3,000,000
school

bonds

1952

Clerk will receive sealed bids

ized at the election held

limited trix bonds offered

as

These

Bank

-

Malheur

$130,000 from 1952 to
inclusive, and $140,000 in

1973

Willoughby, Ohio

of

to

3s and 3y2s.
1949 and due on

1,

from

May

on

sewer

on

L:

of

sealed
on

June
1

Dated

Dec. 20, 1949.

of par.

were

check

Dated

on

Bond

23As,

as

$12.

Lower Paxton

169,
the

v.

—

National

States

Portland

29

awarded

were

—

of

24, 1949. Due

169, p. 1719—were sold at a price

Due

-

1974.
y

bonds

authorized at the election held

offered April

1827

p.

2%s,

Due

$130,000 from
1952 to 1973 inclusive, and $140,-

000

bonds

Sale—The $175,000 school

(P. O. 100 Bethel Drive,
Eugene), Ore.
Bond Sale Details—The $165,000 school bonds purchased by
the State Bond Commission, for
$90,000 as 2y2s, and $75,000 as

Education will receive sealed bids
until

Jefferson County School District
No. 9-C (P. O. Madras), Ore.

Lane County

interest

City Sch. Dist., Okla.
Offering — The Bpard of

Bond

will

check

'

Bond

premium

at

Wichita,

net

April

on

sive.

First Se¬

was

author¬

were

OREGON

June

sec¬

Oklahoma

for

A certified

The

Kansas,

reflecting

payable to the Board of
Education, is required. (These are
'the bonds originally scheduled to
be soid on May 2.)

Education.

,

of

cost of about

1953,

•

inclusive.

1968

curities

follows:

.as

a

bonds

26.

United

of Idabel,

Clerk ,of the Board of Education,

.

These

2.98%.

t

.

on

(2043)

awarded

ized at the election held

Idabel),

,1

(CST)

CHRONICLE

equipment

and

bonds.

Canfield, of Oklahoma
previously noted in v.
169, p. 1386—were sold as 3s, at
a price of 100.13, a basis of about

\

'

1

building

as

City,

1949. Due
May 15 and Nov. 15 from 1950

to

000

&

vert

15,

Dated May

FINANCIAL

May 11 for the purchase of $27,-

hospital bonds purchased by Cal¬

;

2.37%,

Bond Sale Details—The $15,000

.
.

&

ceive bids until 2 p.m.

Cheyenne, Okla.

Strcetsboro Local School District,
Ohio

COMMERCIAL

•

H

u

$135,000

as

1951

230,000
from

2s. Due

on

Jan. 1 from

to

1958 inclusive.

as

2y4S.

1959

to

Due
1966

on

Jan.

1

inclusive.

Dated May 1, 1949. The second
highest bidder was R. S. Dickson
& Co., Robinson-Humphrey
Co.,
and E. H. Pringle & Co., jointly,
for $75,000 as 3s; $155,000 as 2s,
and $135,000 as 2*4s, at a price of
100.04, a basis of about 2.20%.

rate of interest, expressed in
multiple of Vs of 1%. The ap¬
Singer, Deane &
proving opinion of Townsend, El¬
Arthurs, Lestrange & Klima, all liott &
SOUTH DAKOTA
Munson, of Philadelphia,
of Pittsburgh, and Stroud &
Co., will be delivered free of
charge to
of Philadelphia, as 2s, at a price
Eureka, S. Dak.
the purchaser.
A certified check
of 100.41, a basis of about 1.96%.
Bond Sale Details—The $70,000
for 2% of the par value of the
Dated May 1, 1949.
Due on May
water works bonds purchased by
bonds,
payable to the
District
1 from 1951 to 1970 inclusive.
the Eureka State Bank, as previ¬
Treasurer, is required. (These are
Johnstown Housing Authority, Pa. the bonds offered on April 22, and ously noted in 169, p. 1719—were
sold at 2%s, at a price of par.
not sold.)
'»
Note Sale
The $1,054,000 9th
Faith Ind. Sch. Dist., S. Dak.
series notes offered April 28 were
Bonds Not Sold
The $75,000

composed

of

Blair

&

Co., Inc.,
Scribner, and

a

.

—

—

Wewoka Sch. Dist., Okla.
Bond Offering
The Clerk of
the Board of Education will re¬

awarded to the Chemical Bank &

Trust Co., of New York, and Asso¬

ciates,

at

0.94%

interest,

plus

a

21/2, 23/4,

3, 314, 31/2, 3%, 4, 414
improvement bonds of¬
fered April 22—v. 169, p. 1719—
or

4y2%

.

Bond Sale Details—The $13,000
refunding bonds purchased by the
Farmers State Bank, of Faith, as

i^nAWiWfiHroHtf* wkfan MKWWW*';!*".*

&hh

60

*#*•■&*&***' '

(2044)

previously
1387,

THE

noted in
sold at

were

169,
price

v.
a

p.

ville,

of

basis of about 1.977%. Dated April
1, 1949 and due on April 1 from

100.50.
TENNESSEE

turing

'

Offering:

Mayor,

a.m.

(CST)

purchase

exceed

4%

May 17 for
$150,000 not to

of

Series

water

/

1949

funding

bonds.

1, 1949, Denomination
Due May 1, as follows:
$5 000 in 1951, $6,000 in 1952 and
1953, $7,000 in 1954 to 1958, $8,000
in 1959 to 1962, $9,000 in 1963 to
1966, and $10,000 in 1967 to 1969.

$1,000.

of

about

J\

premium for each bond so called
as follows:
From May 1, 1959 to
.May 1, 1963, a premium of $30.00;
Nov, 1,1963 to May 1, 1966, a pre¬
mium of $20.00; and Nov. 1, 1966
and
thereafter
a
premium
of
$10.00.
Bidders to name the rate
or rates of interest, expressed in
a multiple of %
of 1%.
Interest
Chapman

for

payable to the

$3,000,

Recorder

and V

"

quired."

•

Treasurer,
■ ■
:•;;

Due

V'

-

v-

'/

Sale—The $35,000 alms¬
general obligation bonds
offered on April 29—v.
169, p.

Due

f

1.704%;

1949 and due

Dated

on

April

1,
April 1 from 1951

of

Knoxville),

2%

as

in-

without

chaser

at

for
the

Dallas.
"

of

a

1950

to

1969

The

in

in

noted

sold at

has

improvement

rev¬

1720, were
as follows:

p.

as

3s.

Due

March

on

1

Dated March 1, 1949.

All of said
maturing in 1960 to 1973
are optional on March
1, 1959, or
on
any
interest payment date
thereafter, upon payment of par
and accrued interest.

Lubbock, Tex.
Bond

Sale

The

—

-

~

'

1970

to

:

'

Southwest

$22,474,000

Co., of
Neuhaus

derwood,

Dallas,

1974

inclusive,

Optional 20 years

after date of issue on any
!

.

/:/;.•'■••."XPX'-

//■'

Bond

1828

p.

2s, at

of

in-1

terest

*

paying date at par.

Bank,

Milwaukee

and
as

awarded to the

were

—

National

1949.

of Chicago,
Co., jointly

price of 100.10, a basis
Dated May 1,

a

about

1.99%.

Due

May 1 from 1950 to

on

inclusive.

1969

Milwaukee Housing
Sale

Authority, Wis.

The

—

El

Paso,

at

a

price

of

basis of about 2.45%,

a

as

/-'/■

$675,000 8th
April 28 were

$285,-

Airport Im¬
provement, general obligation
bonds:
$42,000 as ^V^s, due
on
May 1 from 1950 to 1959
inclusive; and $72,000 as 3V2S,
due on May 1 from 1960 to
1969 inclusive.

■

^

and

3 Vis, due on May 1
to 1959 inclusive,
$30,000 as 3V2S, due on

and

and

im¬

sewer

extension

bonds

as previously noted
1280, were sold as
2y4s, 21/2S, 3Vis, and 3s, are dated
March 15,
1949, and have been
approved as to legality by Mc¬
Call,
Parkhurst
81
Crowe,
of

Dallas.

•/ '•/

.

v..

and

Columbus

Securities

Corp. of Texas, San Antonio, As¬

net

a

on

bid reflect¬

a

bonds

./ ./

Vt.

$130,000 school
May 3—v. 169, p.

offered

1936—were

&

awarded

to

Cody, Wyo.
piller,

water

works

revenue

bonds

been sold to Underwood &

Dallas,
1,

as

3l/&s and 4V2S.

1949.

has

Co., of
Dated

Legality approved

McCall, Parkhurst & Crowe, of

Dallas.

./llESESaCtMSWB

'

Offering—John

Bond

/

Hutson-

will

receive
(MST)
on
May 12 for the purchase of
$130,000 not to exceed 4% interest
City

Clerk,

Halsey,

Dated June

water bonds.

coupon

June 1, as fol¬
lows:
$7,000 from 1950 to 1964 in¬
clusive, and $5,000 from 1965 to
1949.

1,

Due

on

1969

inclusive.

from date of issue. Princi¬

about

of

101.33,

basis

a

of

2.095%.

Dated
May
1,
May 1 from 1950
to 1969 inclusive. Second high bid
of 101.30- for 2Vis was made by
F. S. Moseley & Co.
1949 and due

on

VIRGINIA
Henrico

O.

County (P.
Richmond), Va.

Sale—The

Bond

awarded to

were

posed

account

an

Estabrook

of

East Thermopolis (P. O.
Thermopolis, Box 310), Wyo.

se¬

com¬

&

Bonds Not

accepted

1.60s,

as

at

a

City

Offering

E. E. Briggs,
receive sealed
p.m. (MST) on May
purchase of $30,000

Clerk,

1, 1949 and mature

not

1951

to 1969 inclusive.

maturing

and after May 1, 1960

on

callable in

are

The bonds

inverse numerical

order, at par and accrued interest,
on
May 1, 1959 and thereafter.

high

bid

of 100.78 for
by a syndicate
composed of Phelps, Fenn & Co.,
1.70s

made

was

Paine, Webber, Jackson & Curtis,

Schoellkopf,

Scott,

Hutton

Horner

of

and the Bank of
mond.

&

Pomeroy,

Mason,

&

Peoples

Charlottesville,

Virginia of Rich¬
•.//;■

v

12

for
to

bonds.

the

exceed

Dated

Interest

M-S.

The
approving
Pershing, Bosworth,
Dick Si Dawson, of Denver, to¬
gether with the printed bonds,

opinion

of

will be furnished to the purchaser
without charge. A certified check
for 5%

of the bid, payable to the

Town, is required.

(P. O.
Worland), Wyo. •

Bond

County, County Hospital
(P. O. South Bend),
Washington
'

Offering

t i

the "scheduled

prevented

e s

award

to

Sold—Legal dfificul-

on

April 15 of $550,000 not

exceed

bonds.—V.

6%

169,

interest
p.

hospital

bids until 3
7 for the

E.

M.

Conant,

p.m.

(MST)

June

on

purchase of $100,000 not

to exceed 4% interest coupon hos¬

pital bonds.
Due

1969

1500.

—

County Clerk, will receive sealed

■

Bonds Not

water

Washakie County

District
'

interest

4%

March

$1,500 from 1961 to 1976 inclusive.

WASHINGTON
Pacific

—

will

1, 1949. De¬
nomination $1,000 and $500.
Due
on
March
1, as follows: $1,000
from 1955 to 1960 inclusive, and

:/

n-

were

2y2%

$30,000

Upton, Wyo.
Bond

bids until 2

May 1 from

the

system bonds offered
May 1—v. 169, p. 1500.

price of 100.039, a basis of about
1.594%. The bonds are dated May
on

bids

Sold—No

for

water works

Co., New
York, Equitable Securities Corp.,
Nashville, and F. W. Craigie &

Co., of Richmond,

10

pal and interest (J-D) payable at
City Treasurer's office. /' The
approving opinion of Myles P»
Tallmadge, of Denver, together
with the printed bonds, will be
furnished by the City.
A certified
check for 5% of bid is required.

•'

$1,500,000

Redeemable

the

/

ries B school improvement bonds
offered May 4—v. 169, p. 1720—

$5,000

1,1949.

Dated July

on

July 1 from 1950 to

inclusive./A certified

check

for $1,000, payable to the County
WEST

VIRGINIA

Bond Sale—The

$75,000

Vv'X

•

WYOMING

years

price

a

West Virginia (State

Moody, Tex.

Chemical

the

to

Trust

at

'

Bonds Sold—An issue of

hv

Bank

Stuart & Co., New York, as 2Vis,

interest cost of about

"•■■■,/

notes

awarded

sealed bids until 7:30 p.m.

VERMONT

,

Jan.

Series

$599,000 9th
/ offered April 28

p.

Vergennes Graded Sch. Dist.,

2,300,000 electric
light
system
revenue bonds, as 2V2S.

Co.,

Wis.

The

—

1949.

works

169,

v.

as
1950

Dated May 1, 1949. The second
highest bidder was John Nuveen

Sale

Co., of Dallas,

in

May 1, 1960 to 1969 inclusive.

&

Note

$30,000
from

.

1949.

Superior Housing Authority,

purchased by Rauscher, Pierce &

water

National Bank

60,000
storm
sewer
extension,
general
obligation
bonds:

Wisconsin

First

the

to

Bank, of Milwaukee, at
Dated May 24,
Due Sept. 2, 1949.
interest.

Co., of New York,
and Associates, at 0.94% interest,
plus a premium of $7.00.
Dated
May 24, 1949.
Due on Dec. 20,

Second

Municipal

awarded

were

Details—The

Sale

Un¬

of

2.74%. 'X

$6,000 from 1975 to 1979

inclusive.

Dallas.

awarded

ing

and

Dated

4s.

as

Legality approved
by McCall, Parkhurst & Crowe, of

April 28—v. 169, p.
to a syndi¬
composed
of
the
First

1720—were
cate

and

com¬

Wis.

$500,000 school
1948 bonds offered May 3—v.
169,

Series notes offered

Bond Sale—The

bonds

sociates, jointly

^

Inc., of Dallas,

000

$150,-

sewer

par,

Co.,

from 1960 to 1973 inclusive.

on

account

1948.

Merrill,

■

*

Note

Texas

March 1, 1949.

provement

Details—The

v.
169,
price of

a

105,000

and

from

Oakwood,

as 2%s. Due on Match 1
from 1951 to 1959 inclusive.

been

$100,000 street improvem't bonds.
Due $1,000 from 1950 to 1954
inclusive; $2,000 from 1955 to
1964
inclusive;
$4,000 from
1965 to 1969 inclusive; $5,000

Marshall

1

■:yyy\':'"-rA-y

■

$45,000:

& Co., Inc.,

Sale consisted of:

net interest cost of about 2.48%. '!

June

inclusive.

Stephenville, Tex.

inclusive.

works and

rate of 2.046%.

sec¬

bidder was Provident
Savings Bank & Trust Co., Cin¬
cinnati, and Weil, Roth & Irving
Co., jointly, on a bid reflecting a




Sale

water

posed of the Illinois Co. of Chi¬
cago,
and Dallas Rupe & Son,
second high bidders, named a net

ond highest

County (P. O.
Lewisburg), Tenn.
Bond Sale — The $250,000 gen¬
eral obligation bonds offered May
4—v. 169, p. 1828—were awarded
to J. C. Bradford & Co., of Nash¬

1973

1

bid reflecting a net interest cost
about
2.96%,
as
previously

/V"/-' '-'^'//vv; '/-■;;

'

about 2.987%. / An

net

Due on May 1 from
inclusive.

pur¬

police' station bonds of¬
April 30 were awarded
to Dittmar & Co., of San Antonio,
and the Louis B. Henry Invest¬
ments, of Dallas, jointly, on a bid
reflecting a net interest cost of

interest cost of about 2.47%. Dated

May 1, 1949.

V;/. '/"■

street

1949

fered

playground
bonds offered
28—v': 169, p. 1828—were

bid reflecting

the

Grand Prairie, Texas
'
Sale—The $211,000 series

•

fire

awarded to M. A. Saunders & Co.,
on a

to

bonds

S. Hudson

'V

•

:

•

of

Sold—An issue of $50,000

'

on

1969

1, 1949. The second
highest bidder was First National

June 1

on

bonds purchased by the First
Southwest Co., of Dallas, on
a

Bond

check

Bond Sale—The $110,000 parks

Memphis,

:

enue

Dallas, as 4s.
Dated March 1,
1949.
Legality approved by Mc¬
Call,
Parkhurst
&
Crowe,
of

.

and

000

of

2% of the bonds, payable to
County, is required.

April

cost

American National

revenue

sold to R.

Knoxville, Tenn.
5

June

on

Due

Lampasas, Tex.

.,/•

$114,000

Bond

rates of interest,

certified

Due

3V£s.>

1970 to

follows:

water

will be furnished to the purchaser

A

f

;

.

as

from

TEXAS

.

,

expressed in a multiple of lA of
!1%.
The approving opinion of
Chapman & Cutler, of Chicago,
cost.

Co.; of
previously noted
sold as

1720—were

3s.

as

Farmers Branch, Tex.

..

"

'without

&

1968 and 1969.

125,000

100.04,

City, or the Hamilton National
Bank, of Knoxville.
Bidders to
or

the

for

Denomination $1,000. Principal
and interest payable at the Chem¬
ical Bank & Trust Co., New York

the rate

as ■;

p.

;

extension

sewer

Edwards

Co.; of

nished

y

Due

to

L

Due on Dec.

Bond Sale—The

First

Dated June

$130,-

April 29 postponed.)

April 1 from 1950
Principal and

on

inclusive.

(A-O) payable at the
County Treasurer's office.
The
approving opinion of Chapman &
Cutler, of Chicago, will be fur¬

April 1, 1960, or on any
payment date there¬

1958

June I

Bank, of Corsicana, on a bid re¬
vj flecting a net interest cost of about

Bank, Nashville. A certified check
$3,000 is required.
(These are
the
bonds orginally
offered on

30,000

1954

on

inclusive.

2V4S.

as

from

Due
1957

to

bonds offered

Pente¬

interest

after, at par and accrued in¬
terest to date of redemption,

name

bids

1950

to

&
Co.,
of
Houston, Rauscher, Pierce & Co;,
Dallas, Rotan, Mosle & Moreland, of Houston, Dallas, Rupe &
Son, of Dallas, Dittmar & Co,, of
San
Antonio,
Eddleman-Pollok
Co.,
Fridley &
Hess,
both of
Houston, Martin, Burns & Corbett, of Chicago, Roe & Co., Russ
&
Co.,
both
of
San
Antonio,
Thomas & Co., of Pittsburgh, Cen¬
tral Republic Co., of Chicago, Wil¬
liam N. Edwards & Co., of Fort
Worth, and Harold S. Stewart &

to

interest

'

the

will receive
until 11 a.m.
(CST)
for the purchase of
to exceed 3% interest
Dated April 1, 1949.

bonds.

Due

:.///\Z':;

Due $25,000 on
1950 to 1969 in¬
clusive.
Bonds maturing in
1961 to 1969 shall be callable
in inverse numerical
order,
at the option of the County,
on

of

County Judge,

road

April, from

/

169,

follows:

rates

Tennessee

May 20
$150,000 not

April 1, 1949.
r

amount

face

on

500,000 not to exceed 5% in¬
terest
bridge bonds.
Dated
,

Details—The

and

N.

Worth,

v.

The approving

Offering—Oayce

sealed

inclusive, and $135,000

in 1969.

or

A certified check for

/
Bond

follows: $160,000 from 1950

to 1968

in

Weakley County (P. O. Dresden),

terestschool
bonds.
Dated
June 1, 1949.
Due on June 1,

f

the rate

name

the

a.m.

$3,175,000 not to exceed 6%
■

of

cost,

Sale

Bond

1':

payable to the State
Treasurer, is required.

(EST) on
June 1 for the purchase of $3,675,000 bonds, divided as follows:

/

bonds.

bonds bid for,

Offering—George D.
Montgomery, Chairman of the Fi¬
nance
Committee, will receive
sealed bids until 11

building

opinion of Wood, King & Daw¬
son, of New York City, will be
furnished to the purchaser with¬

Tennessee

^

Fort

/

tiple of Vi of 1%.

Bond

bonds, payable
required.;

on

June 1, 1949.

charge.

361,000

period

over a

2V2S.

as

from

Dec. 1

WISCONSIN

0.90%

interest, expressed in a mul¬

out

$189,000

Hereford, Tex.

water

$5,000

June 1, 1957.

on

Bidders to

high bid
of 100.07 for l%s was made by
*the Cumberland Securities Corp.
of Nashville.
:
Knox County (P. O.

penal

Due

Denomina¬
Principal and interest
payable at the fiscal agency of
the State in New York City, or
at
the
State
Treasurer's office;

to 1957 inclusive. Second

.

and

tion $1,000.

Nashville, as l%s,
100.221, a basis of

serially

as

on

National

>/

.1, 1957.

I^ated

1719—were awarded to J. C. Brad¬

May 16

basis of about 2.28%,

a

lyjs.

Dated Dec. 1,

Houston, and the Texas Bank &
Co., of Dallas, at a price of
100.007,

Due

1962 inclusive.

1954 to
as

Dec. \
inclusive.'

on

1953

from 1963 to 1973 incluive.

-

Trust

follows:

to

iy4S.

as

880,000

Due

1949

from

bonds has been sold to Hatcher &

Due

1, 1959.

and archives
building bonds. Due on June

;

on

bids

the

J :

y

000

1,

500,000 library
'

/

.

June 1, 1958.

on

Bond

/about

June

500,000 office

house

ford & Co., of
at a price of

•

720,000

0 m m e r c e

follows:

as

4s.

as

from

Bonds Sold—An issue of $50,000
water works and sewer revenue

June 1, 1956.

Dickson County (P. O. Charlotte),
*'V Tennessee

'

'•«

•

Walker,

sealed

(CST)

p.m.

for

Bond

2,250,000 University of Tennes¬
see improvement bonds.
Due

re-

Mercantile-C

the

1.54%,

$400,000

William

June

on

'

institutions ' bonds.

Town

is

of

Co., of New
price of 100.02, a basis

a

of about

improvement bonds purchased by

bonds.

2,500,000 charitable

will be furnished to the purchaser
without cost.
A certified check

awarded to

2.32%.

i

improve¬

100,000 institutional bonds.

approving opinion of
& Cutler, of Chicago,

C.

receive

the Town, is

.

The

''' '

..

more

price

,

M-N.

'.•'■•

,

than 20 years. A certi¬
fied check for 5% of the total bid

.

on

will

7:30

of not

$2,400,000 consolidated bonds. Due
'
June 1, 1955.
,■
'; /..•

1959.

- ..• /

will mature

■-

ment

1949 bonds
offered
169,
p.
1935—were
a syndicate composed

par.

$50,000 not to
improve¬
ment, Series 1949 bonds. The bonds

of)

4,650,000 educational

York, at

Bond Sale—The $550,000 hospi¬

tal,
Series
May
2—v.

W. H. Morton Si

and

County (P. O.
Corsicana), Texas

,

exceed 4% interest street

ing, Governor, will receive sealed
a.m.
(CST) on May
16 for the purchase of $12,900,000
bonds, divided as follows:
;

1959, or on any interest payment date thereafter at par plus a

in¬

for the purchase of

•

bids until 11

.1,

Navarro
,

May

Offering—S.

Mayor,
until

dated

Hempstead, Texas

;•

Bond

Bond Offering—Gordon Brown¬

May 1, 1960, shall be callable in
inverse numerical order on May

paying date at

are

'"'V ■' '<

r

/

i

Due $5,000 from

inclusive.

Tennessee (State

Such bonds maturing on or after

,

1.90%.

1955

and

Monday, May 9, 1949

Bank & Trust Co., of St. Louis*
1, 1949. City National Bank & Trust Co.,
Legality
approved
by
McCall, of Kansas City, Dittmar & Co., of
Parkhurst & Crowe, of Dallas.
: San Antonio, Fridley & Hess, of
Bonds

bonds purchased

1950 to

CHRONICLE

Due

after date of issue on any
terest

by the
Bank
of
Ripley,
as
previously
noted in 169, p. 1612, were sold
as 2s, at a price of
100.33, a basis

Dated May

•t

ma¬

Bond Sale Details—The $30,000

works

fire

FINANCIAL

police .station
$2,000 from 1950
to 1954 inclusive; $3,000 from
1955
to
1966 inclusive, and
$5,000 from, 1967 to 1979 in¬
clusive. - Optional
20 ; years

/

Ripley, Tenn.

y!

&

bonds:

and accrued interest,
April 1, 1954.

par

and after

on

on

interest

sewer,

„

—

Bonds

111,000

a

on

order, at

W. S. Roper,
receive sealed bids

will

until 11

and

price of 100.256,

a

and after April 1, 1955,
callable in inverse numerical

are

Covington, Tenn.

the

2s, at

as

1950 to 1969 inclusive.

"

Bond

COMMERCIAL

bonds

offered

1936—were
cate

Treasurer, is required.

awarded

of

CANADA

$2,000,000 road

May 3—v.

composed

to

the

a

169,

p.

ONTARIO

syndi¬

Northern

Canada (P. O.

Trust Co., Harris Trust & Savings

Bank,

both

Bosworth

Trust

&

of

Chicago,' Braun,

Co.,

Inc.,

,

of)

Toledo,

Co. of Georgia, of Atlanta,

Treasury

Bills

Ottawa)

Sold—An

issue

of

$75,000 treasury bills

on

May 5, at 0.50% interest. Dated

was

May 6, 1949. Due Aug. 5, 1949.

sold

*