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pus.
jjBRARY
MONDAY
Volume
RAILROAD
Corporation and Investment News
PUBLIC UTILITY
-
Adriatic Electric Co. (Italy)—Bondholders'Committee
the bondholders of four Italian corporate
who may have exchanged such bonds for new
issues, Including those
fconds
the
of
Public
Utility Credit. InstitutCy has been formed.
„
The
..'
counsel
this
.
for
this
committee
C.
Thatcher
-"are:
Jones
Lombard
Electric*" 518,500
Piedmont Hydro-Electric Co._ar._—- 3,080,000
8,249,500
2,414,000
—V.
151, p.
2034.
•
MISCELLANEOUS
-
The
for
sold
*
shares
cumulative
in
1,000
and
common
are
Oct. 25 filed a letter of notification with the 8EC
($10 par), class A common stock and 15,000 shares
($10
pari
preferred stock.
The shares Will, be
units, each unit consisting of four shares of class A.
company
4,000
t'/c-
of
shares
15
of
at $290,
preferred,
8%.
Proceeds
underwriters.
no
due April
American Bemberg Corp.—Earnings—
,
external
12 Wks, End.
.
-
bearing Interest
at 1 %
to. 3^.
-
1946.—-V.
166, p. 2305.
'
..* * .
'
Thatcher C.
bondholders
to* the
part:
Chairman of the committee*,
of the four
above-mentioned
Jones,
'
'<.•
Certain
houses
counsel
of
holders
paid since
Dec.
23,
of
Italian
four
members of
committee
a
issues,
on
to
which
the
The
has
1940.
1947, the
not
offered
It
Federal
the
offered
were
known
corporate
dollar
new
cities
agencies,
four
and corporations.
The bond¬
represented by this committee,
issues,
bonds
the
of
Italian
Government
Kingdom
will be paid in cash.
The agreement between the Italian
and the* United States did not make such provision for
Government
Italian
debt
payable in dollars.
offered
The
to
all
bondholders
Laird, Bissell, &Meads Oct.
(par $10»
at H. Adrian
-V.
161, P. 2105.
President
He
Electric
1952,
between
Lombard
are
effective
amount
Co.
Issued
said
7 'U
25-year
pursuant
to
Electric
Co.
posts
,
King, Central Regional Vice-President since
organize his own business. The changes
bonds
accruing
fron\ June
the latter company.—V.
168, p. 1685.
American Car & Foundry Co.—New York Sales
,
1,
1940 is
unpaid,
and
the
Stock and Bond
or
an
Government
these
four
aggregate of $2,945,883.
acquired detached past
the
amounts
of
due
$184,297,
Stock Exchange
New York
New
Curb
York
Baltimore
Stock
Boston Stock
Cincinnati
25/
(Bonds)
29
Exchange—
168,
Agent
1577.
p.
Exchange.
Stock
Stock
34
-
__
Los Angeles Stock Exchange
35
Philadelphia Stock Exchange.
36
Pittsburgh Stock Exchange...
St. Louis Stock Exchange.
San Francisco Stock Exchange.
_.__36
Stock Exchange
Curb
36
...
Toronto
Stock
Toronto Stock Exchange—Curb Section
Over-the-Counter Markets
on Oct. 26, announced that
the executive
the company had. recommended to the board of direc¬
following dividend action be taken:
(a) To declare the regular cash dividend of 25 cents and the dis¬
tribution of 2/100 of a share of common stock of Atlantic City Elec¬
tric Co. on eac(i share of common stock of American Gas & Electric
Co., and in addition to authorize the distribution of 1/100 of a share
of the common stock of Atlantic City Electric Co. for each share
of common stock of American Gas & Electric Co. as an extra dividend,
dividends
such
holders of
$1,150,940
and distributable
1948.
10,
Dec.
on
15,
1948,
of
dividends
held
In
out
Nov.
be
3,
the
order
of
the
dividends
stock
stantially
would
American
as
dated
payable
at
consider
Electric
&
close
,
.
the
complete
Gas
in
contemplated in
April 7, 1947.
as
business
share
a
share
extra
an
their
at
the
of
of
com¬
dividend,
on March 15,
Feb. 9, 1949.
recommendations
1949,
meeting
'.V
dividend
form
action,
Atlantic
of
entire
the
the
of
of
each
for
Co.
distributable
and
such
proposed
in
1/100
Co.
Electric
the
1948.
recommending
that
of
City
Gas
record
will
directors
distribution
the
Atlantic
to
stockholders of
The
of
Atlantic
the plan
1
City
approved
*
Mr.
Sporn pointed
Electric Co.
of all of the
City
divestment
company
by the
and Is sub¬
SEC in their
\
General
Corporation & Investment News.Cover
Bond Offerings^
51
Redemption Calls and Sinking Fund Notices..44
Specializing in
State
Mountain Fuel Supply
The
and City
Course
of Bank
Clearings.
Dividends Declared
and Payable.
Foreign Exchange Rates...
...
Combined
Reserve
EDWARD L. BURTON & COMPANY
i
*'
Established
160 S. Main Street
Bell
System
Federal
Salt Lake City 1
Teletype SU 464
.
Banks...
Condition
1899
OLDEST INVESTMENT HOUSE IN UTAH
Condition
St. Louis listed and Unlisted Securities
43
.44
.44
Edward D. Jones & Co.
Statement of Federal
Established
44
300 North 4th St.,
Statement of Member Banks of
Reserve
Auction' Sales';
■" /.
' if!
System———
........
to
'
dividend
regular
American
such
to
the
authorize
of
stock
interest
Miscellaneous Features
payable
Nov.
declare
To
common
The
be
to
record
25 cents cash and 2/100
of a
share of common stock of Atlantic City Electric Co. on each
share
of
common
stock of American Gas
& Electric Co.
and
in
(b)
to be
24
$3.71
....
the
to
.24
...
share.
of
that
stock
24
Stock and Bond Averages
outstanding..
Philip Sporn, President,
mon
41
429,700
$629,854
169,781
American Gas & Electric Co.—Possible Div. Action—
common
V _42
1948
$8,843,867
1,059,554
—
common
addition
Stock Exchange
and $261,512, respectively.)
prospectus filed by the* Italian Government with the Securities
and Exchange Commission on Dec. 23, 1947, offered to
exchange the
iabove corporate bonds for new 30-year 1% to 3% bonds of the Public
per
38
Transactions New York Curb Exchange.
interest
$132 877,
shares
.39
...
Exchange.—
Transactions New York
37
38
Exchange
31,
—^
....—
Earnings
tors
__35
ENDED AUG,
—
taxes..—
—
Common
committee
35
Exchange.
Montreal
taxes,
35
Exchange
income
profit
34
Exchange...!
Montreal
Net
Co.—Earnings—
MONTHS
...
befcre
Income
34
Exchange.-
Stock
Cleveland
Detroit
13
1
Siock Exchange-——.
Chicago
total
(Stocks)
sales
Profit
Page
or an
has
issues* in
Net
Quotations
New York Stock Exchange
of which. $5,494,000 principal amount are
outstanding in the hands of
the public.
Interest on said bonds accruing from April 1, 1940 is
unpaid, and the total amount of unpaid interest to July l, 1948 was
$1,000 bond,
cars.—V.
EARNINGS FOR THE NINE
indenture dated April 1, 1930 between said company as
principal,
and certain companies as guarantors, and the Bank of America Na¬
tional Association (now National City Bank of New York), as
trustee,
on
regularly paid prior to the reduction to $3 in 1.942.—V. 168,
245.
p.
American Hoist & Derrick
trust
Italian
on
common
products and tank
ot
pea-
directors
the
-the amount
*
Co.—Special Dividend of $1—
Oct. 26 declared a special dividend of $1 per share
stock, payable Dec. 15 to holders of record Nov. 24.
This, together with the regular quarterly dividend of 75 cents per
share payable Nov. 15 to holders of record Oct. 21, will bring the total
dividend on the common stock for 1948 to $4 per share, which was
The
on
In This Issue
aggregate of $5,063,520.
Piedmont Hydro-Electric Co., first mortgage and refunding 6 V2 %
sinking fund bonds, series A, due April 1, i960, issued pursuant to a
(The
'
ViceVice-
to
trust
first
1948 was $577.50 per $1,000 bond,
coupons
American Can
Regional
Deichler,
external
a
"
company as Obligor,
Idrauliche del Veneto
unpaid interest to July 1, 1948 was $565.80 per $1,000
bond, or an aggregate of $1,634,030,
Mcridionale Electric Co. 30-year first mortgage sinking fund
1%
bonds, series A, due April 1, 1957, issued pursuant to an indenture
dated April 1, 1927 between said company, and certain of its sub¬
sidiaries, and The Chase National Bank of the City of New York,
as
trustee, of which $8,768,000 principal amount are outstanding in
the* hands of the public.
Interest on said bonds accruing from April
1, 1940 i's unpaid, and the total amount of unpaid interest to July 1,
$536.20
■-
August, 1947. For five years prior tb that time he held the
of General Traffic Manager and Vice-President and Managing
Director of
any
meetings
Ballpu has been appointed Sales Agent at New York, represent¬
ing this company in the north eastern railroad area. He has been
with ACF since 1936, and since that time has specialized in welded
1, 1928 between
said
announced.
20.
general
T. C.
said company, as principal, Societa per le Forze
Idrauliche dell'Alto
Brembp, as guarantor, and The Chase National
Bank of the City of New York, as trustee, of which $2,888,000 prin¬
cipal amount are outstanding in the hands of the public.
Interest
on
-
Stanley King has been the President of American Airlines of Mexico
since
the
was
has beeps retained by American Bosch Corp. to give its advice
plan which may be proposed. It is expected that director's
to consider this matter further .will be held in the middle
of November,—V. 168, p. 1477,
*
*;
■:
,
on
Vice-President—
King on Oct. 20 was named Central
headquarters in Chicago, R. E. S.
Oct.
-
=
with
Sales,
taken it
was
City
alike.
mortgage 1'/
external sinking
fund
bonds, series A, duo Dec. 1, 1952, issued pursuant to a trust indenture
<lated as of Dec. 1,
1926, and a supplemental indenture dated as of
Jan.
G.
replaces Lewis W.
who has resigned
sinking fund bonds due
indenture* dated April 1,
Societa Italiana per l'Utilizzazione dfclle Forze
as guarantor,
and The Chase
National Bank of the City of New York as trustee, of which $2,085,500
principal amount are outstanding in the hands of the public. Interest
on
said bonds accruing from April 1, 1940 is unpaid, and the total
amount of unpaid interest to July 1, 1948 was $577.50 per $1,000 bond,
or an aggregate of $1,204,376.
1927
1,
•
American Airlines, Inc?—New
Stanley
action
formal
.
i-
•
President,
no
opinion of the directors that any such consdlidation should be in the
form of a merger pf Amra into American Bosch Corp. The manage¬
ments and counsel for both companies have been directed to continue
their consolidation studies. Ebasco Services, Incorporated of New York
purchased 1,145 shares of capital
Muller & Sons' auction of securities.
■'
,
discussed. While
was
27
Proxy Statement contains the following data:
Adriatic
April
Donald P. Hess
and William R: Crawford, Jr.; Presidents of this
corporation and the Amra Corp., respectively, announced that at meet¬
ings of the boards of directors of both companies held in Springfield,
Mass., on Oct. 21, the possible consolidation Of the two companies
Cement
stock
1944,
Heretofore, the Itaian Government's offer of new 30-year bonds to
the
American
bondholders has
been
urged mainly because of the
problem of procuring dollar exchange
No distinction ha^s been made
between government bonds and the obligations of private corporations.
An unsecured bond
with the same maturity and rate of interest has
been
American Bosch Corp.—Discusses Consolidation—
Amerex Holding Corp.—Stock at Auctiop—
I
'
p
•
new
old bonds
the
Alpha Portland
*
.
.
agency
Utility Credit Institute/ Each bondholder was to
30-year bonds in an amount equal to the principal of the*
plus Interest accrued to Jan. 1,1947; the new bonds to hear
Interest at 1 f/r
per
annum for three years.
2<i for two years, and
3% thereafter, with a sinking fund of l'k pdi* annum from 1952 to
1956, and 1'<< thereafter; all of the new bonds to be guaranteed by
|.he Itaiir.n Republic! '
'•
" '^7"
''
As the result of an agreement between the Italian and British Gov¬
ernments making liquid
Italian assets seized in the United Kingdom
available for payment on Italian debts, the sums due up to Sept. 15,
.1947, for principal and interest on sterling bonds held in the United
receive
selling
prices were , put into general effect on
Aug. l of this your.
As as a result of negotiations with the union
wages
and salaries were increased effective Sept. 1,
1948.-—V. 168,'
p. 1685. •
"V;
V:"
'
'•
Co.—Secondary Offering-—A
secondary offering of - 35,000 shares of common stock,
made by Carl M. Loeb, Rhoades & Co. on Oct. 25 was
all sold.
The offering- was priced at $31,125 per share,
—V. 167, p. 2681.
■
Public
as
Note—Increased
4,23
3.00
*
■
has asked SEC
company
Ended—
_
Net/profit per common share (common
and common, class B)_—1,03
;
.
...
Italian Republic filed a prospectus with the
Commission of the United States,-under which :
bonds for outstanding defaulted Issues of the
dollar
new
of
holders
'
„
.
Securities and Exchange
government,
•
7 l
•
permission to sell at competitive bid¬
ding $12,000,000 of 30-year first, mortgage bonds.
Proceeds will be
used
to
help finance property
additions and betterments and to
discharge obligations made for the same purpose.—V. 168, p. 1417.
com-
bond¬
represent
interest
,
'
Alabama Power Co.—To. Issue Bonds—
:
discussed with
have
formation
the
above
the
a
''v•/
.7
security
and
mittoc
-V:;v- i
circular letter
companies, said - in,
in
—36 Weeks
Sept. 4, '48 Sept, 4,-48 Sept. 6, '47
$3,261,049
$9,574,989
$8,902,773
2,054,085
Profit before income taxes—506,502
1,485,673
1,253,085
Net profit after taxes—
'
307,592
903,673
Sales
Net
■
On
and
holders
..The
bonds
been
There
unit.
per
capitalization
for
used
be
will
surplus.'
creation of paid-in
-
of
Adriatic Electric
Co.
Vfc
external sinking fund
l, 1952, of Lombard Electric Co. first mortgage 7
Air Products,, Inc./—Chairman on Leave of Absence—
sinking fund bonds/series A, due Dec. 1, 1952, of Meridioriale
H. W. Dodge, Chairjnan of the board and a Director of this cor¬
Eloctric Co. first mortgage sinking fund 7% bonds, series A,, due April
poration,' will start an extended leave of * absence, Nov. 1, to assume
1, 1957, and of Piedmont Hydro-Electric Co. firstT mortgage and- re- .>
his duties .WHil the Economic Cooperation Administration as Chief
funding flWJ. sinking fund bonds, series A, due April 1, I960; are *" of the
4 Petroleum. ProductsSection -in* the
office of the special repre¬
asked
not
to
surrender
their
first mortgage
on
a
valuable public '■*
sentative in Paris.'*.*
.x'• '
utility property in* exchange for an unsecured bond of a government
Mr.
Dodge, former Vice-President and General Sales Manager of
agency and not to surrender their 6Va '/<< and 7^' bonds in exchange
the Texas Corp., has been Chairman at Air Products since March 1,
for such new bonds
of Fla.- -Files With
Co,
Insurance
American Bankers
SEC—
-
Merldionale f
'
committee.
INSURANCE
-
h- V- V v...ivv.
Exchange Unexchanged
Co.a_r^^^—$314,500
$1,771,000
Eledtiric ' Co1,325,500
1,562,500
Corporation—
Adriatic:: Electric
(Chairman),
Albert
T.
Belshe, Reginald B. Elwell, Leopold A., Renaud,; Stanley;
Stangor and Joshua Morrison of 39 Broadway, New York, N. Y. (as
Eocretery). Scribner, .& Jdiller of 40 Wall Street, New York," N. Y., are
of
INDUSTRIAL
-
Utility Credit Institute. The committee is advised that as of Oct. 15.
1948, bonds of these four issues have been exchanged for bonds of the
Public Utility Credit Institute as follows:
;•
'•
•
*
Bonds
Bonds
r
committee to represent
members
Price 75 Cents a Copy
N. Y., Monday, November 1,1948
New York,
Number 4747
168
General
A
^948
NOV 1
AD**'
1871
St. Louis 2, Missouri
Members
..44
St.
v
York
Stock Exchange
Stock Exchange
Chicago Stock Exch.
Chicago Bd. of Trade
New York Curb Exchange Associate
New
44
Louis
Phone
CEntral 7600
Bell Teletype
-SL 593
2
(1794)
THE
CONSOLIDATED
Period End. Aug'.
31-Y \
\ *
INCOME
ACCOUNT
f"'
Operating
Operation
4,439,436
53,723,953
1,000,955
878,820
11.420,810
116 729,501
46 165,534
9 205,916
13,633,344
12 531,215
11,981,307'
_
F
Depreciation
1,160,598
income
915,826
:
12,576,481
925,793
11,759,525
sales
jobbing work
In
line
full
June
Inc.,
the
116,564
Miclt,
81,688
44,510
656.528
302,807
2,466,f«5
2,235,437
32,854,536
27,574,454
______
and
Ink.
income
on
.
long-term
Amortiz.
,.,.086,311"
debt.
elec.
of
■
7,842,883
568,652
6,258,874
plant
the
24,937
299,243
299,243
24.937
"
Other
int.
and
Int.- chgd.v to
and the
of
taxes
Divs.
37,900
572;206
full dine
of
Apex
Cr216,528
Other
$2,134,367
Prop,
deprecr.
reserve
.stocks
Rent
lor
264.286
236,161
3.066,693
and
G.
Divs.
on
E.
lease
of
Co.
&
600,000
2,155,346
13,909.338
13,864,095
866,867
<781,722
6,738,980
3,879,483
868,867
<781,722
6.738,980
3,879,483
'
net
subs.
of Amer,
;
*Y"?7
<
11,840,552
..Net
Other
From
330,931
Divs.
866,867
___
<'781,722
6,738,980
3,879,483
Gas &*
consoi.Y
14,714,648
14,674,910
929,302
City
Electric
Misc.
2,222,669
stock
Atlantic
of
666,71.4
606.682
com.
on
Co.
income
;
185
2,038
12,944
25,521
Total inc. .parent co.
066,899
2,224,706
15,334,274
inc. and
net
inc.
28,7o0
336,325
Int.
Divs.
25,028
Divs.
pfd.
on
Con sol.
_____
earnings
—V.
Dr2,656
31,064
626,519
44,297
525,935
120,735
806,515
810,825
60,017
720,209
720,209
for
1,353,009
1.186.872
/
19,394,076
17,364,918
com.
$4.33
—.
$3.87
1037.
p.
$4,665,223
112,835
1',317,174
$290,637
$227,563
$4,234,218
Tax
168.
$3,254,'394
608,609
Acquisition—
.
a
parity
also
with
expects to offer
the
5')
$25, now outstanding.
two
cumulative
At June
30,
shares of this issue.
series
new
convertible
there
1S48
Co.
of
preferred stock
preferred
were
/ ;
' yy
will continue to
eperate as a
after the proposed
merger.—V.
stock
par
outstanding 180*621
subsidiary of American
168,
1038.
p.
$15,000,000
proceeds
of
of
to
the
sale
Under
purchase
purchase
the
&
iafe
trust
and
Life
for
its
for
outstanding
issue
1038.
p.
'&
Co.
Debentures
—
The
the
respective
Co., $1,500,000;
City
Insurance
Co.;
ance
Shell
Union
Trust.
Farmers
registrar
Sept.
1,
536.324
sell
the
use
The
shares
amounts
Mellon
banks
of
pre¬
the
are:
National
that
Bank
it
will
Central
&
Trust
New
York,
$1,500,000;
New
$2,500,000; Massachusetts Mutual
Hancock
for
John
W.
Hooper
as
Mutual
Jan.
on
Life
1,
H.
1949.
Aspinook
Meiklejohn
and
Corp.,
Comptroller,
affiliate
The
stockholders
consolidation
corporation
both
For
the
of
were
named
trustee,
sinking
as
director
a
and
whereby
plan,
City,
paying agent
debentures due
fund
Cigar
'
,
Arnold
'«
'
•stock
the
par
three
Aspinook
stock.
are
American Steel & Pump
Corp. (&
SEVEN
approve
proposed
a
ENDED
JUNE
'
30,
The
corporations, viz;
stock;
and
treasury
252
524
shares
shares
will
be
issued
in
Four shares
share held;
par
shares
for
be
'
250
by
capital
bank
shares
Aspinook)
stock
loan
Union
of
Bleacher.v
ggg 704
J
taxes
$1
from
the
each
each
$500
cancelled,
par
of
in
Mr.
and
Armour
companies
June,
Aspinook
there
the
to
him
hew
above.—V.
of
In
will
snare
per
working
shares
without
(.310
a
168.
164,
letter
capital
pan
underwriting.
capital.—V.
Anheuser-Busch,
102,000
Arnold
Net
Net
be
(par $4) at $21.50
.
other
is
it
of
L
7
———
new
per
A.
C.
Scott,
product
50',r
provided
"Does
of
owner
1357.
notification
Proceeds
to
be
will
be
with
offered
used
the
at
SEC
stock
the
include
and
be
Mr.
;-
Armour
its
of
agrees
stock
Gulf,
Period End. Sept. 3G—
—
Secondary
Offering
be
received
would
started
" ',
1947
1948
Matic
utilizes
Vice-President
a
or
•
r
.
973.730
616,668
of
company's
Works.—V.
Santa Fe Ry
Santa
Fe
Fe
two
165,
affiliates,
Arnold
p.- 3047.
System—Earnings-
Ry.
and
Panhandle
&
be
volume production
387,432,256
246,545,586
50,787,651
47,388.112
Drl,020,394'
0170,051
5,159,304
Cr52,788
income.
0*423,228
332,204,303
-
6,127,271
4.263,413
50,088,000
38,100,554
5,926,450
168, p.
of
its revolutionary
unique
will
in
charge
as
of
the
Apex
follow
geyser
as
action
cylinder.
sales,
announced
Wash-A-Matic.
3,841,711
45,7G3,787
33,082,298
1948—9 Mos—1947
9,462, 273
8,707,949
103.511,263
rather
than
9,186,984
87,579,774
84,781,137
",00, 000
700.000
8,850,000
7,900,000
"$687 463
"$1,179,035
$7,081,489
Net
of
Other
Cr49,633 Dr2,301,763
Drl,976,116
"$657,566
"$1,129,402
$4,779,725-
$948,218
331,091
188,727
4,989,445
5,351,816
Cr29,897
___—
2,894
__
conting. chgs.
income
168,
13571:
p.
1,030
326,613
"$655,982
——
"Deficit.—V.
"
:
35,743
326,752
2,941,673
"$1,268,457
$6,791,755
26,136
3,053,816
•-
.
compared
Hearings
$3,220,080
concluded
were
receive
one
$40()
cash
shares
two
$250
share
of
and
of
cash
and
Oct.
$600
21
in
common
$750
common.—V.
Atlas Tack
profit
4Capital
in
before
ICC
an
extended
."
$1.74
$484,050,
$1.37
or
STATEMENT
or:
for
share
a
OF
SELECTED
ITEMS, SEPT. 30
"
■
1948
1947
$17.00 ),354
securities.:
1946
$14,270,972 $12,468,535
1,359.588
810.685
1.397,399!
—
6.163.8 "*6
5.302,850
4.553,203
13,184,655
11,059.652
9,552,810
4,421.003
3,837,735
4,656,163
3,568,896
2,570,600
45,124
45.124
45,124
—
shares————
preferred
2682.
p.
(&
Subs.)—Earnings—
1948—3 Mos.—1947
$9,372,122
revenue—~
1948
9 MoS.—1947
$0,334,399"$27,376,392 $17,569,413
below.
"NOTE"
for lease
1948
1947
1946
$16,'604,715 $10,612,964
faftcr Federal taxes/
and
written
off—I
$7.154,47»
deductions
reserves
6,684.159
4,331.713
profit from opeiationS__Y_$3,920,556
Net
$6,231,252
costs
£hare____^—'_—.--_—i
per
NOTE—Non-recurring
lor
1947
3,618.925
earnings
$4.46
from
the
$655.984.—V.
to
amount
163,
$3,535,553
$2.82
sale
of
$1.59"
assets
included
738.
p.
Bausch & Lomb Optical Co.—Acquisition—
announced
was
R ggs
Optical
in
San
P.
Co.
the
as
Oct.
on
San
of
Bausch
that
28
and
this
Francisco,
Los
has
acquired
will
hereafter
company
Calif.,
Lomb Opt'cal
&
which
Co.. Pacific Division,
138.
Francisco
Angeles, Calif., and Portland,
with
the
be
offices-
Ore.—V.
168.
-
Bay way. Terminal Corp.—Contract With Port Author¬
ity—
'■■YV'Y'V;1
YY
Prevost
Boyce,
Chairman,
into
operate
warehousing
Newark,
N.
Port
the
s
Mr;
J.
The
property
Pennsylvania
It
Mr.
said
the
is
Boyce
the
Newark
an
New
will
public
all
corporation
York
lumber
corporation
of
this
that
of
open
be
has
Authority to*
yard
at
Port
agents for the
and lumber on
storage
Channel.
Newark
Port
at
RR.,
jersey.
harbor,
Port
Port
and
handling
the
of
The
facilities
Boyce
in
Authority
south .side
announced
with
contract
a
is
served
Valley
Lehigh
by
RR.
and
within the free
lighterage
said.—V. 167, p. 1466.
three
the
railroads—the
Central
limits
of
oi"
RR.
New
York
Profit
after
Net
at
officials
extendod
the
011
plan
mortgage bonds will
with
3'r-'interest
bond
mortgage
with
' bonds
per
p.
and
1686.
p.
1,031,000
$324,264
$444,070
$1,428,095
$1,755,743
outstdg.
462.375
462.375
462.375
462,375
share—
$0.64
$0.90
$2.90
$3.60
_—_
shares
per
com.
$2,786,742
High Level—
directors
share
the
on
share
011
for
1943
1947
1946
$2,399,195
$1,459,670
169,857
98,566
outstanding—:
94.551
$1,55
taxes
-
!
the
J..
94,551
$1.79"
,,
27
and
declared
year
the
an
dividend
extra
of
50
cent's
of 12V2 cents per sharequarterly dividend of $1.06% per
preferred stock, all payable Dec; 1 to
usual
cumulative
Nov.
on
Sept.
1948
15.
A11
this
1,
of
extra
year.
amount
1947.
to
25
Total
$1.25
President,
cents
was
dividends
per
'
McNabb,
share,
paid
the
011
the
on
the
common
same
as'dis¬
1
that sales continue at a high
favorably with the previously established peak
peacetime year of 1947. Third quarter sales actually ran below previous
quarters,
because of the
two-week shutdown period
in
August for
and
will
announced
compare
vacations.—V.
168, p. 1257.
Bessemer & Lake Erie
94.551
$1.04
Net
ry.
railway
railway
RR.—Earnings—
1948
from
Ne^from
146,764
and
in
H.
record
stock
common
Oct.
regular quarterly dividend
stock
414'/>
the
of
011
the
and
common
September—
•
—_—1•
3275.
864,000
will
3interest
share—*
shares
.Earnings
1948—9 Mos.—1947
$713,070
269,000
$2,292,095
188,000
taxes
profit
The
per
J.
Corn.—Earnings—
charges
1948—3 Mos.—1947
$512,264
expenses—
income
Common
level
$2,542,331
after
Chicago—Earnings-
Sept. 30—
bond
stock.Second
an
168,
—
■
—V.
165,
$513,059,
178,200
was
A
CONSOLIDATED
1
Additions to
Gross
-sales
income
net
1946.
-
profit
stock
~-
the company to
modify its capital structure.
Under the amended
plan, holders of the first
and
with
Nine Months Ended Sept. 30—
Oper.
bursed
receive
1948,
_^—_____—
holders
*
Atlantic & Danville Ry.—Plan Heard
by ICC—
of
30.
Declares Extra Dividend of 50 Cents—Sales Maintained
ry.. oper. income-..
income —_—
Net
old-
share,
Sept.
$2,924,332
^
Net
the
ended
95,605,469
—
expenses
the
output increases, The/Wash-A-
principle
$3.57
Period End.
1948—Month—1947
9,449. 741
revenues
National
that
356,400
$3.68
liabilities—5,950.491
Federal
Stifel,
t
356.400
83.69
Bell & Howell Co.,
Sept. 30—
and
■
356.400
share.
com.
1478.
Period End.
Operating
Operating
1,334,217
931,000
oper.
New
oper.
1945
$11,592,023
2,306,333
$403,21*7
entered
1-948—9 Mos.Y-1947
285,536,211
Six Months Ended June 30—
known
Gross
C.
.
/
38,757,218
ry.
1946
$16,069,393
2,377,572.
;
Ry.)
6,036,15")
income
1947
$20,775,037
258.000
Period End. Sept. 30—
1,316.021
29,757,729
Fixed
•
1948
2,309.160
$8,566,283
30,775,494
deductions
washer.
marketing °i the product
£tyle agitator
'
Subsidiary, Sunlaiid Investment Co.)
$1,348,.000
Y'Y
-
167,
above
42.886,136
Net
412,44Q
$746,947
988,000
common
Earnings
expenses-
.
417,741
$1,567,969
$1,383,572
quarter
$2.25
—V.
-
revenues-
credits-
45,803
"$34,100
919.000
Govt,
S.
No.
1
tax
or
46,389
$30,797
$1,390,160
Current
30
oper.
debits
$1,159,387"
38,410
in
<'
JUNE
1948—Month—1947
i-
$1,985,710
1,094,070
$1,080,932'
1251.
p.
assets
by
result
oper.
Misc.
share, less $1 commission.—V. 167,
*
U.
outstanding
Railway
accruals
40,036
$11,703
—Y——1,097,825
known
&
15,822
$15,592
taxe*>——
Current
surrender
Railway
$22 50
—
163,
Inventories
as
$
—V.
Cash
and
Aspinook,
568,276
Colorado
92,507
11,744
the
known
to
998,760
.
ENDED
.Y:
to
This
merger.
remaining
of
1,413,762
Print
54,349
7,520
<
assets
"See
the
to
r
operations
$1,877,381
;
third quarter
Total
Jr.,
,,
Lawrence
"$54,390
company
th it
of
the
Santa
Net
a
It
additional
for
"$39 068
"
outsldg.——
the
Y Y-Y-:..'
56,052
the
...
not
1,720,386
48,172 "
BALANCE SHEET
shares
1.—$7,612,025
Works—
6,698,463
,45,716
47,134
COMPARATIVE
Sept.
1,240,665
Print
Works
Other
the
the
Lumbard,
E,
organization
the
""
$8,873,465
7,369,420
approximately
consolidation
YEARS
.
$10,267,187
613,901
chgs.
Surplus
the
shares
of
of
as
1948—9 Mos.—1947
$605,227
688."793
income
lixed
per
Earns,
G. Frantz, President, this
company has completed
50,000-square-foot* addition to its main plant in
clothes
will
12,635,263
1948—-Month—1947
Bamsdall Oil Co.
J.
:
Operating income
Equip, and joint facility
Manufacturing Co.—Expands Plant—
Ohio, and has
automatic
new
C.
a
l(j,924,979
$097,902
taxes——1
shs.
$1.29
(not
151,195
•
$2.23
p.
stock,
i
Apex Electrical
to
1,050,108
'
profit—___a—___
For
corporation
new
a
of
FOR
.
profit-
Print
$337,704
f
equipped
3,938,583
3,988,583
8,163,422
;
$23,442,253
Earns,
Print Works—
677.
p
Inc.
421.
According
730,970
-'
1578.'
168, p.
(net)
before
Corn.
entire
1.200.000
outstanding
profit
Lawrence
Nicolaus & Co. and Reinholdt &
Gardner have completed
secondary distribution of 26,500 shares of common stock
and
7,''50,572
730,970
'
-
the
merger,
authorized
corporation.
profit
a
Cleveland
13,034,722*
8,030,587
—
taxes—!
income
Net
$4,200,000
liquidated
was
the
of
sales
Net
p.
1
charges
Federal
V'
stipulation,
510,208
net
the
The
connection »with
the
into
consummation
new
of
have
be effected
to
the
owning
the
in
and
and
firms
net
Casualty Co., St. Paul, Minn.—Files With SEC
fO'uP'iny 011 Oct. 22 filed
10,000
Retirement Act
Unemployment Insurance Act
stock
value
par
own
C,
approved by
former director
a
companies,
corporation
Armour
shares
stock
Arnold
the
upon
.Mr.
$500
S,
settlement
Armour,
cause
Corp.
1947,
will
>,
of
Arnold
and
of
jointly*,
: •
of ,which
A.
will
Lawrence
stock
Greenville,
completion
upon
Aspinook
Lawrence
rents
,
5,539,101
tncti
avail,
Profit
value
no
and
Corp.—Consolidation Discussed—
See American Bosch Corp.
for
10,534,709
(Including
$500
r
companies
three
consolidation
stipulation
a
shares
,
1246.
Anchor
1907,333
.
"Deficit.—V.
in exchange
for
..."
the
value,
par
capital
three
acquisition
referee/ Bernard
Taxes
Amra
5,787,720
2,134,143
004,333»
1,030,065
Y Barker Bros.
Corp.—Earnings—
exchange
Atlantic Coast Line RR.—Earnings-
Capital shares outstanding—
Earnings per share—~
.
5,715,521
Railroad
a/c
Act
income
Net
'245Y00
——————
profit
p.
13,238,353
637,722
■
B'eachery,
by
that
reported
resulting
Arnold
The
.
V
is
of
Union
obtained
1( 1948.
1948
$5,197,010
Fto7~"
~
——
after charges_____________
163,
1,452,970
(.35,012
,
income
Fixer
plan
outstanding 178,190 shares of Aspinook no par stock (not
shares in the treasury, and 500 shares of Lawrence
(Includes
Subs.)—Earnings—
MONTHS
_
—V.
1,487,24 I
operating
.:;-v'-:
to
stock will
common
no
Atchison, Topeka &
'Y ■"•'
Ry.
Inc.
6,560
and
owned
Chairman
;v
CONSOLIDATED EARNINGS,
Net-
on
income
Other
will be merged
with and
into this
Works, Inc. and Arnold Print Works, Inc.,
week
income
debt—
fd. debt
fd.
on
tax
Rent
Con¬
Railway
Prnf
Profit
1,198,810
9 Mos. End. Sept. 30—
,
There
Co.—Weekly Input—
,
Federal
142,931
operating
revenues
operating expensesRailway tax acerual?—
"
•
Conn.—Proposed
asked
will be issued
will
Haynes
ended Oct. 21, 1948 the
System inputs of subsidiaries
company amounted to 243,276.000 kwh.,
an increase of 18,109,<n)0 kwh„ or 8.04Y over
the
corresponding week of last year.—V* 168
1685.
162,634
—
Ry.
there
$1
new
shares of
including
1577.
p.
*
recently
Lawrence Print
value of Lawrence
par
this
P.
214,583
:—i"
than
debt
Ry.
50'Y owned.
the
for
director
a
International
respectively,-^—VY168,
American Power & Light
r»l
been
3lh V
Jewett
■'Consolidated
American Machine & Foundry Co.
George A. Ingalls will continue as Assistant
and
has
1357.
p.
"Consolidated
t"YjYPncYcomimttee of
ft.
David
treasurer
Y 62,237
other
Period End. Sept. 30—
/;
Trust; and Shell Union
solidations-Pays Bank Loan— v;':.
Insur¬
Haynes
Mr.
Vice-President and
as
company
and President of its
Machinery Co, Mr. Hooper will remain
cf
20,056,010
43,334
246,298
com¬
-y.;>
Co.
$40,000,000
168,
RESULTS
Chairman/Daniel
Treasurer
am h*s Preseht positions
0
Pension
,
Trust
the
1968.—V.
"
American Machine &
Foundry Co.—New Treasurer,—
thl3
36,901,976
Y__
__
Sales
In
Bank.
Co.,
According to Morehead Patterson,
\
of
1,323,587
£43,972
Bangor & Aroostook RR.—Earnings-
Placed-Privately-^-The
of the issue is to increase the
purpose
Aspinook Corp.—
succeed
3,436,248
4,402,432
tDeficit.—V.
:'.3;
y
1.100,760 shares.
and
proposes-to
share.
a
Co., $3,000,000, and John
$3,000.000.—V. 168, p. 1357.
Co.,
to
American
$33
Insurance
ance
permission
notes.
retire
stock
National
Mutual
SEC
plan proposed by the company last
December
Trust
$1,500,000;
England
the
to
a
the
notes
Hanover Bank
Co.
aK!c,:d
collateral
ferred stock/
plans
4,218,460
2j[,678,027
4,377,983
a/c Railroad
Federal
Co.; Equitable Life Assurance Society
of the United
States; Mutual Life Insurance Co.; Paci¬
fic Mutual Life Insurance
Co.; Mutual Benefit Life Insur¬
of
American Light & Traction
Co.—To Sell Notes—
has
33,465,728
income.,
$2,646,08$
tan Life Insurance
It
Ohio Finance Co.
investment
1,456,294
1,032,289
•
408,609
$2,739;440
pany's working capital to meet the higher prices of live¬
stock and other raw material
supplies. Y
Y \
Purchasers participating in the issue were: Metropoli¬
The
stockholders on Nov. 23 will consider
increasing the authorized
preferred stock from 300,000 shares to
500,000 shares, of which 236,601
shares will be offered in
exchange for the stock of the Ohio Finance Co
in a merger
proposal.
v
•
;j.
on
1,546,533
income
Excise
979.524
£
,
$3,348,049
,Lj
for each present
American Investment Co. of Illinois—To
Increase Pre¬
ferred Stock—Proposed
company
int.
Net
sinking fund debentures, dated Sept. 1, 1948, due Sept. 1,
527,592
share
The
1,938,704'
161,305
funded
on
Conting. int.
416,597
60,017
■
per
168,
18*544,998-
491,912
"Includes:
$340,448
102,834
____^
Under the
-Loss.—V.
43,618,023
23,027,895
330,264
20,820
<
company, it was announced Oct. 27, has placed privately
through Kuhn, Loeb & Co.: $40,000,000 20-year: 3^%
of
stock
earns,
19,840,142
42,977
Y
22,073,254
43,178
tax_^.__
1,442,985
34,585
deducts._Y"
stock
common
Consol.
1.533,787
taxcs_^__.■
income
chgs.
Fixed
$4,213,398
applic. to pfd. stocks for the period
and
subs._
misc.
ana
Federal
53,532,071
1,152,707
7,28),985
2,745,732
105,803
219,985
opers.
income
int.
345,OOo
$4,640,195
$393 471
__
Provident
undistrib.
of
2,726,565
ry.
Misc., deductions
_
,'1 960,794
1,959,055
1 $3431104
1,206
.
City Bank
Total
263,663,711
220,045,688
—if-'
(
1,454,587 *.< L288.847
-79.198 /
27,520 ' '
(neti
__
15,629,728
Expenses and
240,727,974
'Total income
Insurance
income
1968.
,
subs.
299,260,045
'25,931,818
•
1,677,152
•
Electric Co.: '
28,658,383
27,603,288
ry'., oper.
Fixed
$392,185
fr.
rev,
9,339,100
,
.
2 374,787
116,756
^
.
34,893,273
expenses."'
—1
.
Y
v
revenues.
"Railway tax accrualsEquip. rents (net)'—..."
Jt. facill. rents (not 1 a„
V,
...
1
(net)——
Armour
Co.-
of
plant
_YLj_Y
income
Balance
.
Elec.
.income
Net
$22,605,501 $17,824,291
863,506
100,332
f
153,449
„
income—'
income
Net
17,743,578
Cons.:
consol.__
City
4'-y '
S ''
r
Elec.
undistrib.
Income
20.648,318
income
net
subsidiaries
Total
1.373,625
inc.
&
Subs.
Undistrib.
Atlantic
net
Gas
2462.
p.
*
1948—9 Mos.—1947
2,833,934
1/156,867
consol._YY
subs.
American
of
Int. & other deduc.
stocks
common
Undistributed
1948—Month—1947
.
^
by A.
Co.)
Period End. Sept. 30—
Railway-oper.
Railway oper.
retire./
of
f net 1'
Other
€41,721
com.
(owned
189,664
97,699
appropriation-
Operating
8.415
for
167,
k'V;',
'
'
v
Cr27,090
stocks____
ed
can
'
1948—12 Mos —1947
$1,534,706
1,273,650
taxesYr--
Gross
Bal.
home cleaners.—V.
1948-^—Month—1947
—
Operating revenues
Operating expenses...___
"466,514
Cr5,839
__
pfd.
on
"51,023
Baltimore & Ohio RR.—Earnings—
r
,*>
Dish-A-Malic,-the
Apex
Arkansas Power &, Light Co.—Earnuuso-4-
lieu"
in
the
Products.
State
with
"
Cr35,554
deducts.
construct.'
chai'gCS
Special
Lake
of
175
only
use,
•
acquisition adjustment
round
.
purchase
now: produces
FedcraL,taxes
Gross
recently announced clothes -dryer
equipment, \
:V~
announced
Monday, November 1, 1948
temperatures.
27,155,083
085,454
19,918
.
CHRONICLE
.
Apex home laundry
Period End. Aug. 31
77,070
the
FINANCIAL
the
built-in, electric water heater that boosts tap
degrees, making it possible to wash dishes at pasteurizing
In. addition, it makes the unique Pold-A-Mat'ic -ironer,
lull-size ironer which folds away in a Cabinet when-not in
to
water
of
company
Jackson,
dishwasher
and
(net)--.-/
income
11 727,977
9 943,776
31,512,554
2,171,009
2,307,528
Operating income___.
Other
855,040
tax
____
Merchandise
1,096,885
1,016,959
...
Other taxes
10|366,982 139,626,667
the
out
•
_
Maintenance
Pederal
;
*/•'
$
5.579.441
revenues
The-Wash-A-Matic and
c.
-
1948- -12 Mosv —1947
1948—Month—1947
Subsidiaries Consul.:
COMMERCIAL >&
1947
1946
i,
1945
$2,964,358
-
oper. 'income—-
$2,050,111
$2,148,094
$1,745,682
1,477,673
900.916
1,058.580
447,712
965,506
706,326
771,164
417,116
19,978,249
16,868,797
11,306,783
14,224,428
From Jan. 1—
Gross
from
Net
from
Net:
rv.
—V.
railway
railway——
8,606.325
7,347,576
2,714.726
2,645,285
inrome___
6,305,221
5,791,019
2,975,096
2,850,078
cper.
168,
p.
1358.
Volume
168
Number 4747
Bethlehem Steel Corp. (&
THE
PURPOSE—^The
Subs.)—Earnings—The com¬
1948 the largest
The net
earnings in the
V
Period End. Sept. 30—
1
•
•
;
y
-
Net
'''
w
and
Provision
and
\
'
othet
chgs.
depletion
for
1,311,910
Net
income
for
86,843,963
3,244,375
3,037,422
21,015,606
' ,17,835,813
in
the
that
16,481,336
90,113,858
16,190.000
6,270,000
36,930,000
'of
amount
such
'
..
■
65,970,723
r .■
j,
;
$300,000,
additional funds
debt
anticipates
which
will
capital
and
.38,710,723-
H
,
recent
shall
incurred
were
for
this
and
Net
income
for
period
22,584,752
10,211,336
53, L83,858
32.34
$0.96
$5.39
share.
com.
per
•
;
SUMMARY
■
■'
$3.77
"
''Based
up
on
G.
second
Current
the
shares, number outstanding after
steel
$399,000,000.
and
12.2%
and
7.4%
Net
income
income
John
S.
"Not
second
5.8%.
increase in
In
the
sales,
on
of
the
sales
9.8%
7%
salos
hand
on
toial
all
added
the
end
of
these
1950
for
account
craft
all
such
at
investment.
Mr.
Grace
shipbuilding
based
40
new
on
will
ways
present
major-
barges
as
present >time,
Mr.
be
Grace
occupied
contracts.
do
said.
the
on
in
the
current
Bethlehem
completion
In
expended
$55,000,000 in
will
addition
hut
take
to
unexpended,
there
should
be
the
nine
months.
Bethlehem
proximately $241,000,000,
000,000 to date.
in
of
its
making
new
Work
authorized
construction
postwar
total
a
program
postwar
located
has
nine
said
months
whereas
in
exports
of
all
thi3
of
have
they
year
1947
been'
they
falling
amounted
11.6%.—V.
were
off
to
recently.
8.4%
108,
of
The
directors
share and
-roth
Oct.
on
an
extra
payable
26
declared
a
dividend of 60
Dec.
to
1
share
per
of
record
A.
Iri
of
60
168,
1478.
p.
C.
J.
M.
'
after
THE
FOB
Federal
income
Merrill
:i
Black
E.
H.
F.
G.
MONTHS
is
&
eastern
A:
\,%;
served
••
The
Wyoming.
is
estimated
."'A'A '".'-j
.
,
'
v.%
..
31,
$507,296
108,000
_
& Co
&
'
agsnt,
First
The
L.J
A '
Inc.——
'
'
:
Co.-
./
V
,
'
number
'
\
of common
shares.—V.
168.
the
Oper.
dividends
the
on
National
ol
common
Bank
of
Minneapolis,
stock
stock,1 to
will
.■
.
.
1,620
commit led
bank
cumulative
-
six
675
1.075
A
fund
Nov.
to
1.075
.-240
,1.620
'2.700
'400
's160
■%%:.
,
President of
Diverse
for
made
$10,000,00(1
168,
Net
The
ment
preferred
fund
chase
stock
sufficient
new
to
redemption.
or
"CAPITALIZATION
be
will
retire
entitled
and
of
the
represented
expenditures
new
is
of
money
by- $13,000,000
to
be
made
2%%.
thereof
the
benefit
annually,
Sept.
'July
recapitalization
the rcvaxl, "said
:
interest
GIVING
EFFECT
their
At
of
for
meeting
this
in
PRESENT
15,
hope
the
of
bonds,
series
July 15,
^3',4% jSerial
Jan.. 15,
notes,
1951
due
(par
cum,
pfd.
stock
(par
$100>A.._
restrictions
orie
contained
Central Hanover Bank
&
NOTE—By an amendment
by' stockholders in October,
preferred
stock
common
The
reduced
Commercial
William
Dana
as
135
S.
second-class
American
NOTE:
La
On
of
conceded,
with
which
meeting
the
of
directors
minds
vote
can
as
to
the
to
recommend
.
The
Colonial
THE
the
SEVEN
the
to
242,014
$1,616,289
$1,265,521
$2,481,505
$1,949,325
p.
MONTHS
ENDED
JULY
Operating
Balance
Total
D?2,486
17,405
18,119
$1,263,035
$2,498,910
$1,967,444
$393,210
$595,779
$584,746
$869,825 V $1,903,131
$1,382,698
comparative
months
of
purposes
1947
for
reflect
to
provisions
Net
New
of
before
income
per
between
trustee,
of
as
the
4.20%
—V.
York,
first
N.
Y
,
168, p.
leasehold
1948
1947
deductions_
$4,197,889
3,630,662
2,611,026
.$1,098,809
$1,586,862
20,394
25,78(5
$1.140,753,, $1,119,203
_
$1,612,651
450,387
452,031
928,606
$690,365—$667,171
152,903 •
152,902
preferred stock-
•
$684,045
$524,192
cumulative
of
dividend
offered
convertible
Proceeds
the
investment bank¬
25
series, at $28
shares
to
13,500
shares,;
authorized, and the author¬
150,000 shares to 250,000 shares.
(Reg.
U.
168,
p.
Preferred
15,000
Chronicle
%
„
«
.%
%
\
alter, taxes ;and
charges
~
and
is
in
on
Water
1926
Aug.
&
.
under
20,
Telephone,
the
1935,
.
*
2,008,100
1,341,296
outstanding.
260,000
130.000
common" share.
$7.47
$9.76
and
purposes
is
also
territories
of
Lcs
and
the
ended
year
and
by
Dec.
net
Income
net.
with
the
company
which
31,
income
include
are
the
S.
Patent
and
common
Stockholders
of
record
Oct.
$298,065
Hoffman
operating revenues amounted
$439,796.
For
the eight
months
an
for
were
$2,579,054, and net
operating revenue of $2,123,comparable eight months
the
&
Goodwin
and
Mason
1948,
shall
Office)
William
B.
Dana
Company,
Publishers, 25 Park
week
[every Thursday
Place,
New
York
8,
and
Central
are:
William
Guy D. Lamp and B. A. Lindholm, 300 Montgomery
Registrar, Anglo California National Bank
Francisco, San Francisco 4, Calif.
San
'
'
'
previous
'
made
at,
Sept,
10,
to
proceeds
'
expected io
are
be
$1,051,388.
During
this
offering, the company, at private sale, sold
at par $1,000,-000 3% %
sinking fund debentures, due. 1968, and. sold
at "par $1,000,000 first
mortgage" bonds, 31,4% series clue 1971.
The
company issued 12,467 shares of common stock pursuant to an offering
price of
a
one
of
proceeds
has-used
of
..
common
share
for
each
shares
10
stockholders
on
Oct.
stock,
18,
which
outstanding.
these
the
the
amounts,
stock-
expects
>
early
REctor
to
12,467 shares amounted
and
and
Y.,
share
per
offering terminated
shares of common
from the sale of the
of
of
12,800
new
extensions,
1948
N.
of
company
sum
$23
which
1948,
was
now
to
additions
plus
offered
this
use
ancl
$1,051,388
aggregates
amount
to
improvements
of
record
1948.
was
Such
in
Proceeds
to
expected
$3,338,129.
as
D.
the
Chicago
Company
1949.
fluctuations
r
%
in
the
rates
of
exchange,
remittance
for
foreign
subscriptions
and
advertisements
-.
must
be
made
in
,
...
New
♦
•■
>■
•■•
York
•
%
funds.
,
to
net
defray part of the cost
its properties during
to
2-9570.
the
$286,741.
Herbert D. Seibert, Editor and Publisher;
Ttiggs, Business Manager.
Published
twice
a
(general news
advertising. issue)
with
a. statistical
issue on Monday].
Other
3. 111.
(Telephone State 0613); 1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smith.
Copyright 1948 by William B. Dana Company.
Reentered
1942, at the post office at New York, N. Y„ under the Act of March
3,
1879.
Subscriptions in United States, U.
S. Possessions. Territories and Members oi
Panin Dominion of Canada, $38.00 per year.
Other Countries, $42.00 per year. •
William
R.
Bros.
St., San Francisco 4, Calif.
The
28,
general
Riverside
revenues
with
compares
four
and
Transfer Agents,
the
have the right to
subscribe, on or before Nov. 15, 1948. for common
stock, of $5 par value, to the extent of one share for each four shares
cf preferred stock arid common stock
held.
Iri
addition stockholders
in
Monterey Peninsula,
&
Co., Inc. in the offering
Incorporated;
Dean
Witter
&
Co.;
Watson,
Cali¬
company
1947,
was
operating
of
in
Corporation
The
Blyth
Company,
Co.;
Water
principally in the business
domestic, agricultural and indus¬
in the telephone business.
1947.
Republic
-incorporated
adopted.
county, parts of San Bernardino
portions of the San Diego Bay region.
Aug; 31,, 1948,
income $337,770.
This
and
was
engaged
for
engaged
served
Was
Sweetwater
name
Angeles
$3,288,796
834
The
present
operating public utility
of. supplying and selling water
offering
1252.
40,000
$1.40
share.
per
Company
of
name
the
an
1948,
%
1948
%
1947
1 $23,915,005 $16,269,207
of
$25)
from
California
fornia
been
Subs.)—Earnings-
issue
an
stock'■■■(par
company
For
appointed suc¬
mortgage sinking fund
Oct.
on
preferred
Preferred Stock
—
an
the
sale,
together with other funds, will be used
fe defray part of the costs of
extensions/ additions
and improvements to its
properties during 1948 and 1949.
by
of
./
159,852
$514,269
1686;
shares
to
Bucyrus-Erie Co.—Rights to Subscribe—
adopted
1946
$4,729,472
60,950
ended
2997.
(&
to
1947
$1,079,802
which
150,000
CorjL, N. Y. City—
has
in
4,011,026
taxes
iA-'J
on
ratio
cumulative
tuxes
$5,090,829
and
Balance
$67,592
amended..
incorporation
authorized
V.
company
applicable
for
$537,463
•'Net- income
Staats
sales
Net
limita¬
portions
made
Co.—Earnings—
Sept. 30—
income
Associated
Street Building
Co.,
Year Ended June 30—
shares
to
580,125
Dr2,625
■
deductions
Dlvidends
18" 8
31,
Cr$82,408
Bruce Co.
the
subject
4,639,131
.
August, 1947.—V. 168, p. 1686.
PURPOSE—The net
(E. L.)
13,500 shs.
$7,410,595
4.988,851
$392,734
-
Ndriop'prating income
counties
)
,
trustqe for $2,567,900
bonds.—V.. 123,
were
year;
243,916
$1,220,930.'
expenses
parts
expeRses__;_..»__^__i___-__:___,v._,
cor.tingencies^%__^ir_-____;,_%;;; V
41st
Trust
Earnings
articles
stock
per
1948—12 Mos.—*1947
161,564
geographical 'areas in California
Successor Trustee—
Common
as
from
St.,
for
eight
Principal
Corp.—Earnings—
Voluntary Liquidation
beeiv
732,575
revenue
in
Broadway &
600.000
have
$8,446,847
California Water Service
trial
643.
5.000 shs.
mortgage
February 25,
$35.00
account
163,'''p.
168,700 shs.
series
Co.,
President;
Salle
matter
Union,
the
the
Financial
Seibert,
'
offices:
in
increased from
and
(In
FOR
10,000 shs.
more
1948,
preferred
was
or
to
new
stock
a
-
1.100,000
13,500 shs;
Trust
was
10,000 shares of
ized
be
plan,
deducting all
250,000 shs.
(par $1
in
subsidiaries
inventory investment and ac¬
substantially larger production
-'
$100
5.40%
and
landing
foreign
in
the
303,225
—
•
$600,000
stock
issued
will
of
1478.
p.
deductions
first
-
inclusive__
pfd.
fBrinds may be
he
Balance to net worth
-V.
2,084,000
%
cum.
tions and
EARNINGS
•Loss after
each
4.20%'
stock
proposal,
33,b%, due|
$60,000
1560.
to
road
as
prbposCd to the
the question, E. S. French,
163, p. 1358.
;
cessor,
•___}■
series C,
1975____
of
two-stock
a
Brewster Aeronautical
.duej
3%,
B,
bonds,
the
26, directors did not arrive at any particular
Conversations will be continued, Mr. French
that bv the next meeting of directors scheduled
two-stock
a
ICC.—V.
,
$1,980,000
1975
for
the
$1,613,664
12 Mos. Ended
FINANCING
Out
during
expansion
elec-
of
Operating-
Oct.
nature.
trie
mid-November' there
details
to
pur¬
and
ancl
$4,911,146
3,180,836
ing group
2'6.
Oct'.
favors
retire¬
by
from
from
Offered—Blyth & Co., Inc., headed
.
stated,
"\ :-
TO
plan
appears out
now
1.
dis¬
the
in
prior' preferred.
bonds, series A, 338%; due
mtge.
Common
either
1971
1,
Fii-st 'mtge.
First
a
%.' "LLJj
C%%;"%
Authorized
First mtge.
of
dividends,
California Water & Telephone Co.
Transfer from reserve for
to
15
488,600
(net)A__
income
.^Adjusted
the
1578.
p.
the
the
3,435,370
income
Income
,
type of preference stock to be issued to present holders of the
7%
plan
:-
.
income
Gross
1,075
1478.
& Maine RR.—New P.Ian Not Favorable—
■
./
cash
$5,702,940
,
operating income
Other
%%;
that
out
cents
on
Nov.
per share,
cents was arso
2.700
15.
■
by,the management
some
payable quarterly on Maich 1, June 1, Sept. 1 and Dec. 1
in each year at the rate of 5.40%;
per annum, ...which dividends will be
cumulative from Sept.
1, 1948 as to the shares now offered.
New
preferred stock will be subject to redemption at
any time in whole or
in part at the
following prices per share, together in each case with
accrued and unpaid dividends to
redemption date: (a) at option of
company, $106 if redeemed on or before Dec. 1, 1953."$105 if redeemed
thereafter and on or before Dec. 1, 1958, and $104 if redeemed there¬
after; and (b) for the retirement fund, the
special redemption price
of $102.
lease
Louisville, Ky.—Split-Up—
Presideritr pointed
expenditures
rind
one-stock
ICC
declared,
of
15
record
cents
modernization
increases
plant
Net
,
-
U.
P.
months.—V.
% Boston
and
in
1,620
22 bv
Torier,
loans
next
any
75
of
amount
162.681
for
trie
changed, the
themselves only
to
needed
Minneapolis, Minn.
entitled, before
dividends, when
dividend
1948—8 Mos.—*1947
revenuesii-w
Rent
.
money earlier than had been anticipated.
The management
that;it is important -tlrat; the 'plan of financing proceed, to
speedy conclusion because the proposed
buyers' of the' notes have
Minn.
be
to
extra
an
for
received
Prov.
1,620
2,700
said
,
when
$7,300,000
exps. and taxes.%
for Feel. inc. tax..
struction
James' V.
'
extra
an
1948
year
$3,750,000
or
Period End. -Aug; 31—
proposed, sale of
Massachusetts
more
exceeded
California Oregon Power
Co.—Earnings—
;
1.075
p.
the
1947,
dividends
the
Operating
160
Co —l-1
30,
amounts
during
675;
160
&
for
required
resulting
year."—V. 160,
.
675
400
..
.
—
declared
finance
to
2,700
240
—_
—
Sept.
on
;•■
receivable
675
100
Co...,....;..-,
Wood
E.
books
$10,000,000
675
240
'
total
counts
675
400
'
expansion and
to maintain
necessary
almost
quarterly dividend of like
payable Dec. 1.0 to holders of
share
and
utilized
a $23,000,000 issue of notes by the company
Halsey, Stuart & Co. Inc. at a hearing before
Conimissfon.
The .'company plans to sell the
notes to insuiance companies on a 2,93%
interest cost basis.
Counsel for the company said it Is necessary to obtain new con¬
Sjl.92
preferred
building
is
aggregate 92%' of the estimated cash earnings
from the domestic operation s of the
company for the year.
The dif¬
ference of 8'/(>
of cash earnings plus substantial amounts from cash
100
&
opposed Oct.
was
Northwestern
for
money
Boston Edison Co.—Competitive Bidding Asked—
,
128,717
National 'Bank
of
usual
both
Operation
Unsubscribed shares are underwritten
by
Co. Inc. and associates.
cumulative
1947
1948,
company's
directors
the
(he
'."These two
100-
a-
the
21
per
400
—
Co
Sons
&
"Maximum
$247,563
f
5.40%
in
30,
•.
and
cents
100
,.
higher
prices
and
wages
1947.
the
same
period expended,
production facilities.
100
.
considerably
before.
ever
amount
in
.that. paid in
on
Dec; 10.
100
.—.
240
Walker &
II.
...
240
.
Stnats
R.
'
675
1,620
810
1,620
160
Rollins
3,375
151,732
Minneapolis
The
1948
increased
Ray R. Eppert, who was made a Vice-President on Oct.
15, 1946,
been appointed a
director, succeeding John L. Stewart, who has
resigned as an officer arid director Of the company to become Manager
of its Sari Francisco branch,
%
1
In commenting on the dividend
action, Mi\ Coleman stated: "Bur¬
roughs continued in 1948 its policy of investing a-large
percentage ol'
its current earnings in plant improvement and
expansion.
% ."During the year ended Dec.
31, 1948, Burroughs will have paid
75
par value of its capital stock
and it is reported that five new shares were
issued in exeh'ihge for each $25 par share held.
stock (par $1) at $15.25
per share in ratio of
share for each share held.
Rights expire Nov. 9
and subscriptions are payable
prior to the expiration
date
at
Northwestern
National
Bank
of
-.Transfer
than
than
the
-
stock,
reserves
Co.%_AA/A-%—-AAA%A%-
Marks
%
120
-
(Inc. )
The company recently
from $25 to $? per share,
1948
new
Registrar,
in
to
of
has
,
"Common
100
,
money were needed to con¬
business .and protect basic investments
Sept.
on
as
bursed
%
500
Black Star Coal Corp.,
ENDED AUG.
Co.
&
due
amounts
of
time
same
brings
same'-
areas,
.
Oct.
This
present
240
L
Woodard-Elwood
Hills Power &
(Minnesota).
business
1947,
of
1948
as
orders
share
common
approxi¬
at
Preferred
.
-
*
M.
at
subsequent
774.
Dillon Read
in
Finally,
the
common
Va
volume
expended
"Unbilled
per
also
incorporated
South Dakota
Inc.„___L__„___-_^
Rothschild
Harold
The company also is
offering to common stockholders
of record Oct. 27 the right to subscribe for
33,730 shares
*
and
territory
''
NINE
$185,114
and
was
&
William
($100.) and dividend.
as
Dakota
the
of
Piper, Jaffray & HopWood
Rauscher, Pierce & Co. Inc
-Biter
Light Co.—Stocks Offered—DilInc. slid cissociates on Oct. 27 offered
5,000 shares of 5.40%. cumulative preferred stock at
par
of
It
Milwaukee
L.
taxes
lon Read 8t
Wyoming.
Lynch, Pierce, Fenner & Beano
cents
,
P.
in
South. Dakota,
$0.8;)
announced:.
Declares 15-Cent Extra Dividend—Elects New Director
iri the
Co
Laurtnce
the
common
N6t
profit
Capital shares outstanding—..
Earnings per shuie
163,
South
?•'';%
Parsons
<fe
Previous
.
—V,
.
Republic Co.
the
charges
Employees' profit-sharing
engaged
population
Dain
Lcewi
Manufacturing Co.—Earnings—
EARNINGS
Profit
business
in
Johnston, Lemon & Co.,._ A_
Kidder, Pea body Ci Co.—-—-.
Kirkpalrick-Pettis Co.
.
Binks
increased
inventories
i
A^.%
is
Allyn & Co.
15.
'
•
65,000.
Central
-
ap¬
$329,-
its
Boettcher & Co.
regular quarterly common dividends were 50 cents per share,
The
usual quarterly dividend of $1.50
per
share on the preferred
stock was also declared, payable Dec. 1 to
holders of record Nov. 15.
—-V.
doing
in
but also larger
equipment.
On
.
The
on
Nov.
$231,852
Read & Co. Inc
Allison-Williams Co. _v__
shipments,
quarterly dividend
cents
holders
$246,258
organized
Dillon,
-
1686.
p.
$320,159
.
i.
Bigelow-Sanford Carpet Co., Inc.—Dividend Increased
per
of
period
same
than
UNDERWRITERSr-The.: names of the principal underwriters arid the'
numbers of shares of preferred stock
purchased by each are as follows:
.
stock,
the
being
42,500
was
1947
$2.10
.
$227,614
48,362
''
for
spent
of
$280,214
56,700
accom¬
1948
sharq—
costs
were
the
$72,500,000."
$302,958
56,700
—
conduct
in .western
mately
-
Grace
Mr,
-
to
aggregate
authorized'
program
stock--
cdmpany
Graham,
$88,000,000
common
only
for
new
107,325
"communitiesand".-various.' unincorporated communities and rural
$88,000,000.
the.
is
$334,939
99,284
be
'
'....A
generation, purchase, transmission,
distribution ana sale of electric energy;
Company purchases a portion
oi' its enex'gy requirements from Homestfike Mining Co.;
;I /
The
territory served by the company comprises 16 incorporated
of
another
$379,498
must
$77,580,000 $42,037,853
9,997,515
4,403,050
...
taxes————
Coleman, President, on Oct. ,27 further
current
$375,875"
72,917
•
96,828
LAAAlAli
Col'
The
books-
''%%:%"i: %%%•
$14,000,000 on construction in the third
Steel
quarter-and
quarter
1948,
"It
was
also necessary, because of current economic
conditions, to
put aside almost $2,000,000 morC in 1948 than in
1947, for replacement,
repair and maintenance of the company's equipment,. $4,000,000 more
15.630
$376,859
pld.
on
Power
He
rate
current
continues
28,
:—
charges and
daring this inflationary period
27, 1941. and as of Oct. 31, 1941 acquired the
properties of General Public Utilities, Inc and the properties of Dakota
repair work. ■ The biggest portion of the
company's shipbuilding business Consists of oil tankers.
Bookings in the third quarter totaled $407,000,000
against $409,000,000 in the preceding three months."
Production of steel in the
September period reached 3,440,000 tons, a
record, against 3,008,000
tons in the second quarter
and 3,105,000 tons in the third
quarter
of
1947.
The
previous
record
was
3,368,000
tons
in
the
fourth
quarter of 1943.
Mr.
Grace explained
that if the
operations
$473,687
deductions
authorized
or
record.
.
Aug.
' include 1 smaller
not
%
—
BUSINESS—Company
until-around
Business
ships. >> These
income'A-—
."Balance
practically
the
$319,309'
21,056
income
Diva,
$662,000,000
$248,000,000
that
$358,442
28,234
the
shins
aggregate
$347,641
41,283
revenues^.
oper.
Net
1947
year,
,
♦
922,874
income
Income
all in shipbuilding.
against $580,000,000 on June 30
the increase being all in
shipbuilding. Shipments in the third quarter
were
2,489,000 tons against 2,383,000 tons in the, like 1947
period.
For the nine months,, deliveries-were
7,179,000 tons compared with
6,909,000 tons in the corresponding period a
year ago.
Open orders oiv the ^company's • books
for
construction
of
Orders
1945
$1,242,183
1,025,304
to
sales
on
in
this
of
were
amounted
were
on
months
on
Net
Gross
quarter
they
quarter
1946
$1,383,746
--
Oct.
•.-'■■■
Sept. 30—
sales—
from
after
materials,
duct
'
Other
capacity,
third
when
of
:—Years Ended OCt. 31———'
1947
deducts..
after
1358.
'
of
with,4.9%
first "nine
and
was
1945
third
compared
investment.
were
the
quarter
Earnings in
•
than
EARNINGS
$432,404
revenue
delivered
168, p.
"As a result of improved
manufacturing methods and increased personhel, unit production during the first, nin? months of 1948 was 53%
higher than diu-.ing the same months of 1947.
..
$1,728,703
1,381,062
revenues—electric
Opcr.
certificates
Earnings per
$2,129,981
-1,697,577"
split-
stated:
28
approximately 105%
$324,761,072 in the
of
investment
on
on
earnings
is
sales
highest since the
said
1
Oper.
production
Grace, said
over
for
3
1947.
Chairman, Oct,
all
Burroughs Adding Machine Co. (& Subs.)—EarningsGross
Aug. 31, '48
-
production (ingots and castings)
averaged 99.70'7
of capacity
the third quarter or 1948 as
compared with 87.2% during the
quarter of 1948 and 96'* during the third
quarter of 1947.
during
Mr.
30,
Grace,
Steel
r
8.954,982
Dec.
on
E.
OF
v12Mds,End.
common
that
1
*Earn.
the additional subscription
privilege for such
unsubscribed for, subject to allotment.
Exchange'on Oct. 22 directed that the preferred
stock be not quoted ex-rights until further notice
Nine Months Ended
program.
...
to
been
panied by due-bills.—V.
and
■
entitled
:i
York Stock
New
stock
and
be
shall have
as
lire
raised
be
stock
also
shares
by the issuance of additionalby temporary borrowings from
banks, i However,
the company anticipates that in carrying forward
its present construction program it can defer the issuance of
additional
capital s.tcck .to the latter half of 1949.
/'
27,260,000
based
within
it necessary for the
for the- installation- off
that its expenditures for
made
Company contemplates, that.additional.funds,, in excess of the proceeds
nf the present financing, and of funds on hand or to become
available
from operations,..will be
required for this construction .program and
38,774,752
taxes
has
(1795)
program
in
the
period from Aug. 31,
1948 to
aggregate approximately $4,600,000, based on present
to escalation.
subject
long-term
income
on
114,373,839
8,168,068, ;V;-5,631,413
Company
business
company's
construction
improvements
1950 will
but
of' the
its
CHRONICLE
The. proceeds of the present financing will be used to carry forward
thi£ conitfuctidn program and to pay off the company's bank loans
743,989,878
,
and
FINANCIAL
^
-
923,505,197
1,259,308
31.
costs
growth
&
'particularly since 1946
facilities. '
additions
Oct.
194&—9 MOS.--1947
:
'."i.
324.761,072 240.569,761
48,254,730
23,372,117
depreciation
Provi'n
.
'
income
Interest
.
"« "
billings
Total
additional
•'
1943—3' Mos.-—1947,
more
to -accelerate
■company
net profit for any three months' in its
history.
exceeded by $6,000,000 the former record
final quarter of 1944.
and
•years
reported for the third quarter of
pany
COMMERCIAL
4
EFFECT
GIVING
CAPITALIZATION
Outstanding
Authorized
series
series
3 Va 'k
j
$20,000,000
(
——
series
2%%
I
——J
_______
debs,
fund
sinking
3%%
1,000,000
1,000,000
the payment
remain
preferred stock (par $25):
$1.20 dividend series—.——.—,.—;
$1.00 dividend series—.
$1.40 dividend convertible series
Pfd. stk. remaining, yet to be defined
Cumulative
t
,
—
125,000 shs.
107,000 shs.
50,000 shs.
22,000 shs.
40,000 shs.
40,000 shs.
110 000 shs.
None
Common stock (par $25)
*200,000 shs,
140,467 shs. •
*Of
the authorized common stock, 40,000
shares are reserved for
conversion of the 40,000 shares of cumulative preferred stock, $1.40
—
series
convertible
dividnd
offered.
now
Dec
1935
is
pany
during the last five years.
principal territories served by
from
Net
from
Net
ry.
Net
Net
stated.—
was
'
,
railway—income-
Deficit,—V. 168,
$289,169
*3,137
*18,780
*12,920
value
par
May
Th°
the company are in four general
in California, namely, the Monterey Peninsula,
parts of Los Angeles County, parts of San Bernardino and Riverside
Counties, and portions of the San Diego Bay region.
geographical
areas
principal underwriters and
the respective number of shares
of stock which each has severally
agreed to purchase are as follows:
^
of shs
UNDERWRITERS—The
-JS'JSS
Co., Inc
Republic Co.
Witter & Co
Blyth
&
(Inc.)
Central
Dean
168,
4,000
Goodwin
2,000
_■—1
Bios.
Mason
&
Hoffman
Walston,
10,000
10>999
4,000
——
Staats
R.
William
—V.
the
of
names
1578.
p.
Light Co.—Electric Bond & Share
Asks Negotiated Sale for Stock—
■'r George Walker, President of Electric Bond & Share Co., told the
SEC Oct. 22 that he believed
a negotiated sale of Carolina common
stock
would "be quicker than using the mechanics of competitive
At.1?'Commission
hearing the company sought exemption from the
bidding rule on the proposed sale ot 350,000 shares
of Carolina; (no pari common stock.
Counsel for
appeared in opposition to the company's plan for a nego¬
competitive
SEC's
ofiits
holdings
Otis
Co.
&
tiated deal.
■,
,
sell
to
—V.
additional
in stabilizing the market.
/
Mr
Walker reported at the hearing they had selected Dillon, Read
Co. to
underwrite the issue with The First Boston Corp. and W.
17.500
„
,
join
expected to
syndicate.—V. 168. p. 1686.
Langley
Co.
&
163,
Operating
.treasury.'(//e:/;;/;;.#/;/:///•./
need
during
ry.
*
1,374,775
1,944,940
157,617
1,941,172
1,780,168
$4,342,819
(net)
2,031
2,101
34,818
39.148
$446,853
$359,856
$4,377,637
$5,003,890
156,071
118.347
1,566,209
1,471,364
income
——
deductions—4
etc.,
$290,787
$241,509
$2,811,428
requirements-
67,085
804,349
$223,746
$174,424
$0.13
$0.10
Earns.
V.
—
per com.
168,
Operating
Net
revenue
income
Gross
fr,
Deducts,
Nct
314,438
168,
Gross
30—
..
1,037,925
1.045,316
fr. gross
Deducts,
445,407
3,669,240
inc....
Net
'$579,938
$159,416
order
this
of
Hutcheson
Sterling
Judge
beet)
have
corporation
The
$4,156,975
U.
in
the
of
S.
for
of
number
shares
U.
cl
common
District
S.
payment
Court
for
ot
issued
stock
represented
agents,
nominees,
the
upon
certificate
transferees
and
of
firms
persons,
directing the opening of the transfer books the Court expressly
stated that such action should not be construed as an opinion of the
Court that there is or is not any value on the common stock of the
In
of
that
or
such
stock
would
or
would,not participate in
any
plan
:
:
the trustees' proposed plan of reorganization, dated
will be resumed before the Court on Nov. 15, 1948, in
reorganization.
Hearings
July
on
1948,
22,
Va.
Richmond,
stock
The
poration
books, have
record
filed
a
petition
for
been
closed
since
reorganization
1942,
under
the
when
the
cor¬
Federal Bank¬
The court's order came as a result of a petition filed by
Leonard L. Cowan, Chicago (111.) attorney for William P. Doyle, acting
as a stockholder committee.—V.
168, p. 1691k
ruptcy
held
the
in
September,
1948
31.
Dec.
absorption
of
CBS
acquired
with
to
assume
$6,600,000
*
-
/ ';":
./''
;
*■
./
the
company
to
Gross
Net
Net
from
from
ry.
Inc.—Earnings-
railway-
"
70,809
1945
$684,344
97,439
128,726
*9,575
86,278
*27,902
7,754,000
7,049,130
railway———
1,446,708
1,239,728 ,
327,056 '
income
1946
.
railway--.
oper,
'
$740,734
$716,938
172,490
■
1947
$850,000
railway
37.652
5,995,117
6,243,565
868,313
From Jan. 1—
Gross
from
Net
from
Net
ry.
oper.
income— :
♦Deficit.—V.
168,
p.
564,577
1353.
following
Washington
in
of
Co¬
San
Francisco.—V.
168,
p.
build and
to
operate
1040.
-Earnings-
1948
1945
1946
1947
$185,227
$134,878
$141,579
41.894
21.132
18,240
*9,164
18.995
14,252
*10,516
*13,172
1.215.260
1,256,751
1.202,389
*49,695
158,723
131,370
*140,175
35,803
24,776
income—
oper.
1947.
application
CBS
a
railway.-..
$113,711
From Jan. 1-—
railway——
1,452,676
railway—
22q,82o
127,817
from
Net
from
ry.
income
oper.
*Deficit.—V.
-
-
1479.
168, p.
Southern Corp.—Weekly
Commonwealth &
The
this
of
kilowatt
weekly
hour
adjusted
corporation
Output—
output of electric energy of subsidiaries
to "show general business conditions of
territory served for the week ended Oct. 21, 1948, amounted to 337,704,332 as compared with 302,065,428 for the corresponding week irt-
1947,
company
tricity
Get.
the
for
distribution
Oct. 27 announced that system output of elec¬
generated
and purchased)
for the week ended
to 229.200,000 kwh., compared with 213,300,corresponding week of 1947, an increase of 7.5%.
of
kwh/ for
7.2%.
increase of
an
amounted to 209,700.000 kwli., com¬
the corresponding week of last
electricity
with ,195,700,000
year,
CONSOLIDATED
Period End.
INCOME
1948—12 Mos.—1947
:"iV .•
revenues—
expensesMaintenance
74,671.284 364,267,630 327,485,605
35,826,020 173,878,453 146,454,390
10,360,608
37,551,996
36,170,012
82,707,693
40.103,313
Operating
9,675,860
——_
7,975.000
7,470,233
31,592,628
33.996,933
12,886,013
52,606,301
49.575,857
3,342,400
12,687,661
1,107,500
18,258,300
14,546,900
—
8,725,107
29,113
7,219,262
60,287
50,379,952
174,829
46,741,513
379,285
—-
8,754,220
7,279,549
50,554,781
47,120,798
(net)
3,286,543
4,114,972
13,660,960
17.674,352
5.467,672
—_
3.164,577
36,893,821
29,446,446
$2.29
$1.61
——_
other
inc.
ACCOUNT
1948—3 Mos.—1947
Sept. 30—
$
Operating
1692.
amounted
1948,
kwh.
000
Locai
p.
Edison Co. of New York, Inc.—Output—•
on
<electricity
24,
pared
31.80%'.—V. 168,
increase of 35,638,904 or
an
Consolidated
than
eral.; income
the
into
parent
new
company
of
the
Fed¬
tax—eutim
Circuit of Appeals
the plan may infringe upon provisions
and lavs is wholly
immaterial."—V. 168,
that"the
there.
fact that
Constitution
United
The
Operating income
Nonoperating income
road's
Gross
376,967
A
income
"income
deducts,
States
Net
income
Earnings
Chilean Nitrate & Iodine Sales
Corp.—Tenders—
Sales
York,
N. Y., will up to Nov. 3, 1948, receive tenders for the purchase by the
corporation of its sinking fund 5% income (dollar) debentures, due
June 30, 1968, with Dec. 31, 1948, and all subsequent coupons 'attached.
Tenders should be made at a flat price, excluding accrued interest.—
V.
Guaranty
167,
p.
Trust
Co.
of
York,
New
140
Broadway,
New
2464.
sh.—
com.
per
of
Sales
*
(kwh.)—
9,794,308
1,515,544
steam
of
have
Invitations
trust
certificates,
Nov.
bpen
series
The
would
Ccast
Atlantic
guaranty
the
for
on
15
equal
in
1943, and payable
submitted by noon,: Nov, 1.
bids
out
Bids
C.
1,
Equip. Issue—
on
sent
Includes / adjustment
*496,462 ' "'"'77/424
between
RR.
issue.—V.
and
168,
p.
to
.
.
Louisville
the
&
Nashville
RR.
—Reich
&
shares of
Proceeds
aid
Co.,
used
be
distribtuion of
York,
Oct.
on
27
offered
125,000
stock at $1 per share.
for
expansion
of
Inc.
facilities
—
Issue
—
The
33,553,761 154,586,055
9,094,963
32,458,619
6.377,233
26,376,623
132,0^4,439
3,382,669
„—
6,700,000
Depreciation
than
other
31,860,388
28,550,933
Fed,
10,720,728
10,522,564
2,925,000
660,000
43,350.026
15>960,000
40,765,955
tax—estim.
income
8,316,592
6,778.800
42,110,654
39,763,343
121,132
215,242
604,164
3,078,747
8,437,724
2,455,586
6.994,042
42,714,818
3,283,129
9,857,468
42,842,'090
13,694,448
5,982,133
3,710,913
32,857,350
29,147,642
income
income
12,165,000
Operating
income—
income
—-
deductions
—_
,
company,
$2,000,000
on
a
3%
promissory note
due
ciety of the United States. The proceeds of the borrowing
will be added to the company's general funds.—V. 168,
844.
$
37,369.158
Gross
Private
burning heating equipment
gasoline burning appliances, announced Oct. 29 that
under arrangements made with Goldman, Sachs & Co., it
p.
Mos.—1947''
$
and
manufacturers of oil and gas
borrowed
1948—12
revenues-—2
•
Operating
Net
_-_A-
income
and
has
ONLY
$
expenses——
Maintenance
Operating
Non-operating
manufacturing
company's products.
Co.,
to
Corp., Miami, Fla.—Stock Offered
New
common
will
equivalent
66,987,321 314,841,932 285.200,058
Taxes,
1479.
surplus
9,355,706
50,760,352
14.22G.5l8
71.414,147
fcral
Concentrate
OF COMPANY
1948—3 Mos.—1947
$
Fed.
Coffee
and
income
10.096,515
56,741,254
16,451,243
income " tax resulting fr6m refinancing
($1,100,000 in three months of 1947,
$1,140,000 in 12 months of 1948 and $2,957,000 in.12 months of 1947).
Period End. Sept. 30—
certificates,s
1.386,654
estimated, reduction in Federal
costs and other; surplus items
equipment
$1,320,000
be
dated
annual instalments, must be
' .■
■%/.
•.':: %
the
/ //
Line
on
2,282,605
9,572,502
2,436,152
feu. ft. t —Obs. )__
elec.
of gas
Sales
EARNINGS
Clinchfield RR.—Bids
-
Sept. 1, 1951-1963 from The Equitable Life Assurance So¬
.
is
Columbus & Greenville Ry.
*Income
1948
in
in August,
interest
FCC
assume
$5,325,000
exceeding
Court has refused to review the protest of the
the compauy's reorganization plan which was
Texas had opposed the plan because
it pro¬
operating
Coleman
Central Vermont Ry.,
45%
a
the
television station
The
company
exceeding
.
not
to CBS.
announcement
approval
purchase of a 55%
interest iu station KQW from Ralph R.
Brunton, Mott Q. Brunton, and Dorothy M. Brunton. Purchase of the
majority stock makes CBS sole owner oi both KQW and KQW-FM,
a
//f^^
the
the
made
Commission
possible
of
Chicago, Rock island & Gulf Ry. Co., a Texas
law had barred railroads incorporated in other
Texas
Texas
The
Act.
September-
President,
CBS
lumbia's
Net
St. Paul & Pacific RR.—Equip¬
not
KQW and KQW-FM
transfer of Stations
Stanton,
Communications
-(000 omitted)-
corporations
holding stock for the benefit or account of such defendants, or in the
names of corporations the stock of which is owned by said
defendants.
debtor
the
of
Frank
Federal
their
York,
New
and
01
1692.
a
District
ends
'
Supreme
from
cf
upon
Sonihern
the
at
Ohio and Pere Marquette, and
requirement^.
1940 of WCBS, key station
in New York, and a member of the CBS organization
will be Vice-President in charge of the network's San
Mr. Hayes will take over his new post upon comple¬
the
such
by
System
15. years,
Gross
outstanding
dividend
including
p.
U. S.
1948,
of
charge of 75 cents for each
transfer, regardless of the
certificate. Holders of common
stock ' desiring
to transfer their stock may present their stock for
transfer to T. J. Clark, transfer agent, at 60 Broadway, New York, N. %
The order of Oct. 21, 1948 prohibits the transfer of common stock
of
this corporation standing in the names of stockholders who are
defendants in the lawsuit oi Austrian, et al v. Williams, et al in the
stock
common
for
respective
shares
of
authorized
respect
•
had
transfer
for
this
ot
Vice-Presl
System, Inc.—New
Francisco office.
a
Texas against
of
vided
$1,789,866
dated Oct. 21,
opened
Broadcasting
5,946,841
$4,257,357
the Eastern District of Virginia,
for
of
Columbia
Arthur Hull Hayes, General Manager since
ry.
of
18
Oct,
on
subsidiaries,
an
Court
books
177,111
1479.
168, V).
Fed.
States Electric Corp.—Books Opened—
to
Pursuant
the
372,482
189,826
Taxes,
states
District
298,581
292,508
Net
1479,
p.
corporation.
Central
619,680
521,634
Chicago Rock Isiand & Pacific Ry.—No Review of Plan
1479.
p.
892,061
income
27,824,071
$3.50
168, p. 1579.
State
income-
163.
railway—
from
V.
ICC
liability
consummated
-V.
22,269
1.150,698
Depreciation
$13,345,237
5,912,166
7,883,185
7,926,597
465,378
income
601,538
604,823
21,043
967,398
ry. .oper.
—V.
1945
35,181
$3.01
one-seventh
respect
163,
44,140
1946
1,475,072
24.083.258
authorized
Oct. '8
in
$123,597
51,273
'/'v///
railway——
$0.32
Certificates—
oil
$134,885
73,385
2,016,154
from
obligation
second equipment
trust of 1948 2^8%: equipment trust certificates, to be issued
by the
Northern Trust Co,, as trustee, and sold at 99.439 and accrued divi¬
dends .in connection
with the procurement of
certain equipment.—
The
1948—9 Mos.—1947
$1,482,181 $15,723,935
$1,872,082
income/-:
ry.
v'^'V/V
and
1948—Month—1947
ICC
liability
1947
$178,141
102,753
50,367
railway..-—
railway™,—
oper. income..—
Pending
Chicago & North Western Ry.—Equipment Trust Ctfs.
*$1,921,490
*$384,050*$11,230,932
$94,694
1948
$234,403
from
2,554.038
included
i:
accrual' for
equipment.—V.
Pennsylvania—Earnings—
revenue
oper.
ry.
$3,150,432 $32,056,765 $27,795,506
*529,354
*2,488,120
*3,056.668
*168,491
165,382 % '
9,588
215,559
11,396,314
1.931.078
Wyoming Ry.- -Earnings-
from
MONTHS
1948—9 Mos.—1947
obligation
equipment trust
certificates, series FF, to be issued by the Continental Illinois National
Bank & Trust
Co.
of Chicago, as trustee, and
sold at 99.4317 and
accrued
dividends
in
connection
with
the procurement: of
certain
and
&
from
fov preferred
ment Trust
1579.
p.
Central RR. of
Period End. Sept.
Net
219,744
inc._
______—
*Deficit.—V.
'
14.046
_——
gross
income
Operating
$3,796,441
_
income—
oper.
ry.
$1.61
1948—9 Mos.—1947
1948—Month—1947
30—
Colorado
1479.
p.
Net
Chicago, Milwaukee,
Jersey—Earnings—
Central RR. of New
1,810,778
528,105
-
168,
$0.42
number
on
allowing
The
Period End. Sept.
NINE
share on the common stock
The corresponding deduction
for the period to Sept. 30. 1948 was $3,745,200, and the net income for
the period before such deduction was $27,828,453. or $3.49 per share on
the common stock.—V. 168, p. 1579.
1578.
p.
FIRST
cents per
$2,728,115
share—
$2,007,079
$1.19
3,682,670
188,391
deduction of $936,300
deficiency in income
and excess profits taxes for the 3 ears 1933-45,
and interest thereon
to
Dec.
31, 1947, less potential income tax saving on .such interest.
The net income before making this deduction was $4,276,229, equal to
804,411
Balance for com. stk-
971,708
301,565
Income
oper.
September—
Gross from railway
share
com.
NOTE—There
$3,532,526
67,041
div.
1,453,040
ry.
"Deficit.—V.
3,339,929
per
representing
54
—-
income
Net
Pfd.
Net
Net
16,976,223
14,560,984
33,153,253
periods after merger of Chesapeake and
$4,964,742
income
Gross
Int.,
$357,755
249,724
11,757,680
17,344.318
13,129.332
34,942,031
income
"Calculated
$444,827
income
railway
2,594,280
1,617,625
1,525,500 T 1.645.775
5.229,769
3,256.819
railway taxes
operating income
Earns,
476,518
*44,138
26,834,183 249,636,920 228,951,935
30,051,099
profits taxes
excess
Net
128,708
AND
1948—Month—1947
operating revenues/
and Canadian inc.
&
$1,310,617
82.830
8,046,155
tion
:
SEPTEMBER
FOR
1945
$983,553
340,166
128,199
U. S.
1,885,806
Inoome——
op 3r.
period./
1946
$1,255,990
299,965
8,887,897
as
after
Net
the
EARNINGS
Net
148,300
//:./%
•»
1947
1948
$1,266,470
;
From Jan. 1—
a
the by-laws to reduce the
at all meetings of stockholders.
amend
106,969
Gross
Tuohy explained,, stems from the
for permanent
This program,
financing, Mr.
new
to
to 50%
10,128,377
from'railway-/—1,840,496
Net
has resulted in a reduction of $36,000,000 in net current assets
he said,
Other
166.370
Non-oper.
for
July
Southern Ry.— -Earnings-
&
oper.
from
Net
$46,000,000 in cash from the company's treasury
investment in the 12 months ended on Aug. 31, last.
of
use
taxes on
income)
on
in
26
voted
railway
Net
29
$57,712?
and
approved a proposal to increase the
capital stock from $5 to $20 per share,
unchanged.
Of the 1,000,000 shares
outstanding 704,952 shares.
railway
Net
Oct.
action
take
to
$16,510;
From Jan. 1—
Gross
said that the management had
Tuohy
2.004,833
162,400
170,324
depreciationincome &;
equiv. spec. chgs.—
Taxes: (other than Fed.
for
Prov.
a
planned to carry out its
current
$152,000,000
improvement
program
without financing other
than equipment purchases, but that "in the light of present circum-,
stances
the
management feels it best to reimburse
the company's
Mr,
6.318,023
10,030,153
723,651
958,863
__~
27 on
Oct.
$40,000,000 Issue—
were
ry.
•
proposal to sell
$40,000,000 of a new series of refunding and improvement mortgage
bonds, Walter J. Tuohy, First Vice-President, announced Oct. 26 at an
interim meeting of stockholders in Cleveland.
directors
from
Gross
awarded
was
Plans Sale of
The
Ry.
3 948—12 Mos.—1947
$1,530,131 $19,743,752 $16,893,679
$1,888,684
revenues
Operating expenses
Fed.
Co.—tarnlrgs—
1948—Month—1947
Sept/30—
issue
June,
1579.
p.
from
Gross
Net
group
(eighth
bid of 99.52.
Other bids were:
Harriman Ripley' & Co.,
Inc., and Lehman Brothers (jointly),, 99.371
for
2V4S; Halsey, Stuart & Co., Inc., 99.2715 for 2'As, and Harris,
Hall & Co. (Inc.), 99.588 for 2%s.
The
in
remain
September—
Period End. Sept. 30
Power
Central Maine
Period End.
&
C.
Oct,
to
requirements from 60%
Net
Stroud & Co., Inc.
banking
the management of a
in
underwriting
an
issue of $4,200,000
new
a
Offered—Salo¬
% equipment trust certifi¬
cates maturing from Nov. 15, 1949 to 1958.
The certifi¬
cates were priced to yield from 1.55% to 2.50% and are
issued under the Philadelphia plan.. They are being of¬
fered subject to approval of the ICC.
Associated in the
offering are Drexel & Co., Union Securities Corp. and
The
the same offering
in
cn
shares
of
there are
stockholders
also
quorum
equipment trust of 1948)
,
.
not more than
shares of the Carolina stock which it may purchase
plans
Share
&
Bond
headed
28 offered
Oct.
45,047
authorized
the
of
Colorado
Hutzler
&
Bros.
which
Carolina Power &
bl
$25,423;
was
September—
Chesapeake & Ohio Ry.—Equip. Trusts
18,103
86,273
_______
644.
authorized,
3.141,165
663,701
271,030
*112,245
1948
L
—-III
„I—"
in
168, p.
number
the
1479.
p.
August,
—
,
2,787,176 \
96,118'
of
—
——;
stockholders
The
$255,836
1,717
3,375,017
543,437
231,266
3,832,981
729,615
336.348
Month
_
_/—_
profit
The
1
the
„
Colonial Mills, Inc.—Increases Par of Shares—
1945
1946
1947
$339,100
8,215
18,829
1/48
$395,648
61,939
23,472
railway—__
oper.
profit
Net
Western Carolina Ry.- -Earnings—
&
income.:--
oper.
ry.
*
it
present,
for
—
(lbs.)—
(lbs.)
$49,067.—V.
railway—
from
Net
the
for
treasury
railway-.*
from
Gross
mon
company
'
company's
carried
Mail
1479.
Charleston
and selling water for domestic, agricultural and indus¬
trial purposes
and in the telephone business.
There has been no
substantial
change in the character ol the
business done by the
«,
Passengers flown
Freight carried
280,000
to
Inc.—Earnings, Etc.—
Statistics
and
supplying
of
,
shares
Earnings
a
September—
Gross
the business
utility engaged, principally in
Colonial Airlines,
the authorized $25 par value
shares and approved
14 increased
Oct.
140,000
From Jan. 1—
&
operating public
an
p.
168,
of
the
in
V.
.."
BUSINESS—Company was incorporated in California
27
1926 under the name of Sweetwater Water Corp. On Aug. 20,
name was changed to California Water & Telephone
Co. Com-,
HISTORY
from
Monday, November 1, 1948
-
Increased—
.25% stock dividend on the common stock on Nov. 10
holders of recdrd Oct. 20, 1948. The remaining 105.000 shares will
to
1,000,000
1,000,000
1968_
due
stock
common
I
3% ;series
CHRONICLE
Co.—Capitalization
Mfg.
stockholders on
The
1,900,000
FINANCIAL
&
Pay 25% Stock Dividend to Common Shareholders—
To
($5,850,000
'
Valve
Chapman
FINANCING
PRESENT
TO
1971
First mortgage bonds—uue
3.60%
COMMERCIAL
THE
(1796)
-(000 omitted)—
Sales
of
elec.
Sales
of
gas
"Includes
estimated
costs
000
—V.
and
in
ft.)—
adjustment
reduction
2,303,396
8,318,756
.
2,157,448
8,150,924
months
p.
1692.
9,536,507
46.046,847
—-—
8,869,092
41,530,933
between income and surplus, equivalent to
income tax resulting from refinancing
in Federal
other surplus items ($1,100,000 in 3
12
168,
(kwh.)
(cu.
of
1948
and
$2,823,000
months of 1947; $1,140,in 12 months of 1947).
uawtaitw w*
jnwanmt«"T*
"Volume
168
Number 4747
THE
Consolidated Grocers Corp.—Partial Redemption—
Immediate
of
payment
the
called
debentures
price, plus accrued interest to Nov. 26,
National
can
.111.,
Bank
&
Trust
presentation
upon
and
at
full
the
redemption
1948 will be made at the Ameri¬
Co.; trustee,
surrender
No. La Salle St.,
33
said
of
Chicago,
debentures.
Ownership
of
Rosenberg Bros, & Co.—May
Arrange Permanent Financing to Pay Off Bank Loans—
In a
letter
to the stocKholders on Oct.
22, Nathan Cummings, Chair¬
man
of
the board, gave assurances that Rosenberg Bros. &
Co., re¬
cently acquired subsidiary of Consolidated Grocers Corp. "will continue
as
a
separate enterprise without change in marketing or distribution
policies, under the same general management, and with-the same prin¬
cipal top executives who have made it successful over the years."
Mr.
Cummings acquired Rosenberg Bros., the big West Coast dried
concern,; last January, by purchase of its family-held stock for
approximately $18,000,000.
fruit
The
letter
reviews
for
the
stockholders
Consolidated
of
the
steps
leading
up to the breaking off of negotiations for the sale of
Rosenberg
banking group of San Francisco and New York and says that Con¬
solidated',? board of directors has concluded that the
ownership of the
capital stock ol Rosenberg should be retained.
The letter further states
that Rosenberg is
engaged in a profitable current year and that condi-.
to
Hi MM**
&■' FINANCIAL
COMMERCIAL
)l^v^
Detroit Edison Co.—Debenture Issues Authorized—
stockholders on Oct. 26 authorized the directors to issue up to
ties
ard Exchange
holders
each
be
Commission, the debentures will be offered to stock¬
10, 1948 at the rate of $100 of debentures for
record
of
shares
15
Nov.
15,
purchased
until
1950
June
Prentiss
Electric Power & Light
For
M,
Subscription
held.
stock
warrants
will
be
Electrical Products Corp. of Calif. (&
Subs.)
mailed
and will expire Dec. 1. 1948.
The debentures may
cash or on an instalment basis over a period of one
1,
1953.
Chairman
the
board,
Brown,
of
6 Mos. End. June 30—
Gross
profit
and
Service
Commission,
increase
this
had
been
effective last, July.
effective throughout
£cll,,,
will
be
much
better
for next
front
and
"
Prov.
year."—-V. 168, p. 1692.
tions
of
the
industry
which Rosenberg operates "look favorable
continued profitable c-peialien."
"Ownership of the capital stock of Rosenberg Bros. & Co. has
111
tl?e use cf funds borrowed
■
This
will
nancing
working
not
be
continued
arranged,, The
these permanent
out
for
352,203
217,123
$198,135
13.165
19,614
17,685
$370,72£
27,858
$301,618
$215,820
$398,586
42,062
37,705
38,867
24,58.8
133,000
105,000
70,400
185,706
$188,238
&
deductions
Fed.
__
inc.
contingencies
management
is
in
now
the
a
&
Co., Inc., New York, on Oct. 26 offered
20,000 shares of capital stock (par $1) at $2.25 per share.
Securities are offered as a speculation.
The
has
corporation
established
incorporated
was
its
field
office
Connecticut.
The
of
process
financing plans which will result in
the new subsidiary."—V. 163, p. 1040.
structure for
Doman-Frasier Helicopters, Inc.—Stock Offered—John
re-
from
banks," the letter continues.
indefinitely, but rather permanent, fi¬
will be
lmancial
proper
used
Delaware
in
at
the
sale
of
.
net
proceeds
the
for
and
tax
<<?st.i
—
from
1945
Airport,
the
stock
and
development
sale
Cash
168,
$158,912
$106,554
935,250
893,922
907,04..
$1,229,053
$1,094,162
$1,000,476
$1,095,341
dividends
paid—
131,001
131,001
131,001
131,001
$1,098,052
$963,161
$869,475
$964,339
$0.76
$0.60
$0.41
$0.72
and
rotors
"On
share
per
capital
be
to
are
helicopter
components and for other corporate purposes.—V.
$200,180
1,028,873
surplus-
Total
"Earnings
offered
of
profit
consol,
Danbury,
'
•.
the
construction,
August,
in
Municipal
Net
Prev.
on
stock
262,002
shares
1692.
p.
CONSOLIDATED
Consolidated Laundries Corp. (&
Subs.)—Earnings—
—12
Period—,
•Net
profits
Net
—
102,716
230.997
$173,729
$397,339
V.
covering
ployees and its
subsidiaries
share.
will
347,700
347,700
$0.45
_
V;'
347,700 V
$0.50
347,700
$1.14
$1.29
•
Corp.—2nd Liquidating Div.
The- corporation has
authorized
tribution of $20 per share oh its
holders of record at the close of
the
second
for
Curb
stock
made
168,
delivered
prior to
distribution;
—V.
Exchange
Nov.
and
that
after
12,
must
due
bills
12,
Oc.t.
29,
that
Nov.
1948.
paid
from
Net
12
Net
ry.
Six
Months
issue
that all
will
be
certificates
of
trans¬
accompanied by due bills for
must be redeemed Nov.
16, 1948.
Net
ry.
—V.
Ended
*
After
May
31—
*"
On
1943
May
Nil
$1,708,206
experimental
31,
000.000.~V.
1948
168,
Period End.
carryback
and
unfilled
Gross
tax
development
orders
credit
project
amounted
to
Nil
and
charging
ry.
approximately
$168,-
Prov. foi
Net
Com.
$95,039,814
•After
ferred
5,422,340
3,819,311
inc. taxes
2,060,530
1,481,338
12.222,299
4.644,578
13,052.647
5,050,006
$3,361,810
$2,337,973
$7,577,721
$8,002,641
990.474
990.474
990.4.74
990.474
$3.29
$2.26
$7.35
charges
maintenance
including
and
COMPARATIVE
provision for depreciation,
adjustments.
CONSOLIDATED
BALANCE
ASSETS—
$7.90
taxes,
de¬
securities
nttes; receivable
from
155,074
ment
748,187
;
for
plant
additions
and
-V* i
?*"
'■
,
1
..
i
6,865,897
6, 180,152
9.455,262
7—77IZIZZ17777'
aside
set
$6,E
,533,344
customers
(less- reserves! -V
Inventories
Cash
Dec. 31, '47
__L
—
9, 270,857
better¬
program
advances——77 Z_ZZ~~~77"~
and
Land
•Buildings,
and
and
and
6, 000,000
3, 827,846
1, 317,990
27,591,323
deferred
23, 968,236
1,033,923
patents
1
$66,643,059
$58,633,453
Accounts payable
—
salaries,
sion, taxes
Provision for
fcr
wages,
and
other
Federal
end adjustments
Dividends
payable
profit
maintenance
2,693,629
and
•7
possible future
inventory
and other contingencies
Preferred stock
cline
stock
Paid-in
price
i
1,585,711
100,000
1,110,522
-7—„_Z__ZIlZ—llZI!!""!""
e.____7_7777777777777!
.//"-(v../•'<■.
railway
fin«?p,
fatates
hand
of
19.809,480
19,809,480
3.829.851
3,829,851
18,393,951
22,700.250
$23,580,705 in
Treasury
to
notes,
tax series,
in the
applied in payment
of
such
be
tt"oW™
f
amount
V.
depreciation
{Provision fcr Federal income
1948, .is offset by cash reserve of
o
of
I08,
U.S.
$7,835,425
which
Treasury notes,
to
1579.
p.
1948
taxes
and
$21,835,$7,353 263 at,
of
$1,733,768
amount
taxes.
of
The
and
United
$5,619,495
on
provision
at
was offset
by an equivalent
be applied in payment thereof.
Gross
Net
Net
from
from
-'ry.
194s
railway
1947
$7,813,794'
railway.
income—
2,127,295
1,120,869
oper.
$6,621,962
1,219,928
Net
Net
—V.
from
from
ry.
1946
present
oper.
it
168,
p.
was
to
be
M.
$9,000,000.—V.
16ft,
El Paso Electric Co.
'"—V.
164;
per
280,137
12,602,340
,728.091
5,955,391
,580,269
56,065,421
12,147,738
3,723,717
.
p.
,
'
.77v_Z_
outstanding7__.7777.777.7_7"
common
3289.
share
.'
"is
1943
•.
longer
no
ry.
•
,
y
placed
was
1948—12 Mos,—1947
168.522
2,202,114
$2,067,966
717,936
145,696
320,432
180,258
"17,087
railway—_
railway—
34,203,051
28,264,613
18,811,205
24,849.365
13,691,039
10,268,073
3,199,127
5,774,685
income—
5,896,887
4,005,020
534,903
2,252,044
from
from
ry.
oper.
163,
20.854
275,161
stock
(par $2).
26,667
333,333
$9.75
$10
285
278
3.369
3,343
45,187
44,919
532,184
437,242
60,300
42,581
573,300
399,845
$111,839
$105,471
$1,298,131
stock is initially convertible into class A common stock
of common
(taking the preferred stock at $25 per
share
per
The
preferred
AND
Gross
3,040
43,775
23,291
income
$115,028
Net
deductions...
dividend
$1,341,906
its
Earnings
178,653
"252,525
$1,163,253
——
67,500
stk.
common
and-surps
$1,035,753
shares__:
381,994
$968,967
$2.54
$2.87
"Includes
special charge of - $46,066, representing that
portion
premium and expenses on redemption of bonds which is equivalent
resulting reduction in Federal taxes on income.—V. 168, p. 1254:
of
to
interest)
term
(excl.
1948—Month—1947
$816,590
the
de¬
and
3,528,126
Cr65,241 Crl. 176,598
to
used
devel.
1,003,112
545.697
253,831
78,496
2,490,930
941,202
33,584
758.528
1,643
569
Fed.
costs
'.V
income
$755,237
Prior
355.176
'
8,428
29,790
77 238
preferred
1,
1958
Preferred
$108,156
195;075
$0.53
for
common
the
divs.' and ' s'nplus^.;:»
—V.
168,
p.
shares
stock
to
be
:
1580.
25,625
400,907
307,500
1
J '
$290,048
$4,607,619
.
i
:
,1>
$3,371,185
'•Yf'.',
>
,
v
»- ->
<■ *
the
be
FINANCING
Outstanding
$675,000
80,000 shs.
.
70.000 shSr-
63,771 shs.
"350,000 shs.
86,751 shs.
10,000 shs.
—
authorized
initially
unissued
but
reserved
for
500 shs.
shares
issuance
prior preferred stock,
principal underwriters
by each are as follows:
purchased
series
A
conversion
A.
the
and
class
of
upon
number
of
Prior
Rollins
Bioren
&
&
Class A
Common
6,000
11,500
Inc..'
Sons
Co
1,000
Boenning & Co.—
George R. Cooley & Co.,
5,000
2,000
•2.000
2.000
W.
Gibson
C.
&
Day
168,
&
Inc
Co.___
2,500
1,000
Company,
"27660
Inc.
1360.
p.
(The)
Peter
Emporium Capwell Co.—New Director—
Cook,
Jr.,
of Rio
v
Vista,
Calif.,
has
been
elected
a
director of
resigned.—V. 163,
p.
2291. ',
Engineers Public Service Co.- -U. S. Supreme Court to
Evaluate Stock—
The
what
S.
U.
price
Supreme
should
has
for
agreed
preferred
to rule on the question
stock in the liquidation
Act
pany
The
are
wak
per
a
Supreme
of
SEC.
'
Public Utility Holding Com¬
was
a
fair
Court
The
Court.
by
the
shares
of
said
of $100 a share.
It. said its
the preferred.
Two common
Delaware
the
SEC
District
sent
The -SEC
$'23,260,000
in
pending before it.—V.
Court
Federal
The
and
SEC
determination.
It
of
S. Circuit Court
aside
set
used
price
value
payment.
appealed to the U.
methods
in excess
investment
objected.
groups
390,000
,
payments
on
than
More
involved.
based
Circuit
new
under the
the
from
approved
share
stockholders
The
being liquidated
orders
on
SEC
of
1
Engineers .is
for
Court
paid
be
company.
other similar cases
*
York,
Preferred
H.
stockholder
$400;524 '
New
company's
proceeds may
—Number of Shares—
999,412
$5,008,525
v"
the
net
PRESENT
UNDERWRITERS—The
shares
$3,678,685
72,520
$315,673
,'
of
will
20,000 shares of $1,50
decision
1
of
to
such
$12.50i_______-—
$2)
"50,000
com¬
accrued
20.000 shs.
(par
(par
209.606
;
of
_______
stock
$4,887,704
989,254
2,247,149
1
Co.
added
—
common
$8,244,929
1
of
outstanding
Trust
be
TO
$2)__
14,433
34.479
Alt
company's
A, cuincl. Nov.
(par
valuation
Balance
par)
stock
common
the
of
(exclusive
series
and
common
$402,626
Pfd. stk div. requirements
subsidiaries
Midland
EFFECT
B
79,762
222,217
taXes__
income
(no
moneys
bank loans.
A
$100
Net
the
balance
Class
67,797
$115,857
195,075
.
the
Class
9.423
232
(net)
of
GIVING
stock
stock
$4,807,942
$435,003
income
retire
proceeds will
outstanding
prior pfd. stock,
initiative, convert, to
$8,177,132
193,095
80,000
Federal
by
$225,BOO
Marine
portion
$1.50
98.248
income
Income deductions
A
to
net
the
four Stales;
proceeds
by
held
such
subsidiaries
its
in
of
out
their respective businesses and
auditing services to its subsid¬
subordinated sinking fund note due
May 1, 1957 ——______—$750,000
$755,469
'
is
reduce
$393,203
>
utilized
of
Company,
4%
the
!____
now
business.
Cr640,450
83,806
than
lends
this company, succeeding Joseph S, Civelli,
42,719
taxes
be
be
citiesi in
22
the
which
$9,567,484
6,414,505
96,983
other
Explor.
$17,676,036
,"
Grill,235
in
balance
lunds.
1948- -12 Mos,—1947
333,259
____
will
loan,
and
Taussig.
1
etc.)
borrowings,
or
finance
consumer
(& Subs.) -Earnings—
685,499
residuals
income
(Del.)
$1,765,768
•
located
are
PURPOSE—Of
—V.
El Paso Natural Gas Co.
capital
the
67,501
$100,718
to
share,
in
$1,036,468
•
requirements—.——
applicable
per
own
20,
operated
pany
E.
Balance
are
necessary to permit, them to conduct
furnishes supervisory,
accounting and
iaries, all of which are wholly-owned.
The present 27 finance offices
$1,288,993
15,046
14,311
7
income
$108,511
$93,465
"
Income
BUSINESS—Company, which was incorporated
1930, is a
holding company, the subsidiaries
engaged
of
Gross
■
188,156
?-'•
Oct.
$1,265,702
3,190
at
common
stock may be redeemed 0:1 or before Nov. 1,
1951 at $26.50 per share plus accrued
dividends, and at declining prices
thereafter.
The preferred stock may also be redeemed
for. the sinking
fund at $25 per
share, plus accrued dividends.
r
income-
■
stock was.priced at $25
dividends, and the
share.
per
The preferred
313,333
(net)--—
oper.
The preferred
share, plus accrued
per
300,146
28,333
taxes
1360.
p.
Employees Credit Corp. — Stock Offered—An under
writing group headed by E. H: Rollins & Sons Inc. on
Oct. 27 offered 20,000 shares $1.50 prior preferred
stock,
Series A (no par) and 20,000 shares class A common
1,869,367
25,773
,_—
1945
$2,469,920
Authorized
191,458
franchises-
1946
941,818
CAPITALIZATION
$4,588,978
•___
•
1947
$3,111,564
general
'
■*
$5,217,593
■.
income
and
1,332,144
919,851
"Deficit.—V.
of
$409,291
_
—
taxes
Utility
signs
on
$3,960,099
which
$463,174
Maintenance
income
losses
From Jan. 1—
preferred
,.
1947
$1,901,684
$0:49
--?r——
Net
,
,
$1,157,484
>
railway..—
railway
oper. income
HISTORY
land, buildings and furnishings
*
1
'
Deprec., amort. & deplet.
256,294
,373,196
i
Net profit
Common shares
issue
stock
1948—Month—1947
revenues
of
$67,585; accrued taxes,
long-term debt
for
reserves
1948
from
from
at
for
—Earnings—
Period Ended Aug. 31—
Amort,
$500,000;
4. per sharei,
$1,048,008; capital surplus, $335,173;
$1,093,052; total, $4,109,389,—V. 166, p. 1477.
1
surplus,
share).
SEC
1681,
Maintenance
548,723
30—
bank),
Elgin Joliet & Eastern Ry.- -Earnings—
of
p.
821,687
Denman Tire & Rubber Co.
(& Subs.)—Earnings—
Earnings
>
,
.
Balance
June
$3.52
America,
formally closed
893,232
59.285,2.97
~~r
——
Piofit before income —
taxes—
Federal
income.- taxes.
Co.
preciation,
1360;
Months.Ended
889,076
$3.70
"
the
The total reported cost of
at
Other
6
{3,133,730
889,076'
reserve.
said.
was
Net
1945
68,395,957
income.
3,288,031
be acquired through payment , of
a
$2,000,000 mortgage held: by
The transaction,, which it is
on
Oct. 29, will not affect the
and hotel personnel
which will continue with
General Manager and Philip Weber as Manager,
Insurance
management
Dewey as
William
011
value
(par
Net
The capital stock of/.company will
$4,000,000 cash and assumption of
Prudential
assets
rental
based
contingencies, $238,391; deferred income (advance billing, de¬
rentals prepaid
011
rental agreements), $138,890;' capital
Net
$1.05
asked
has
$5,380,808
7 942 295
railway......^.
889.073
$1.59
Operation
16,223,980
•
to
September—
1948—9 Mos.—1947
934,705
889,076
distribution of the preferred
urgent."—V. 165, p. 71.
or
$569,989,
and
Gross
7,738
Negotiations are reported virtually completed for the purchase of the
Edgewater Beach Hotel m Chicago fo:" $6,000,009 by a Boston hotel
syndicate headed by A. M. Sonnaband, it was reported on Oct. 21. Two
big hotel units are included in the sale.
,.r.
Taxes,
railway..!
general
404,812
permission to withdraw its
registration statement filed Dec. 31, 1946, covering 5,000 shares of
5%
non-cumulative
i$100
pan
preferred stock.
The. company said
for
adjustments, $5,600; other
etc.),
$3,098;
investment
in
of
payable
posits
Edelbrew Brewery, Inc., Brooklyn—To Withdraw Reg¬
need
renegotiation
investments,
(after allowance for amortization,
$17,228,992 $55,144,300 $57,220,441
1,417,999
istration Statement—
$5, 584,978
From Jan. 1—
Gross
2,024,700
"263,280
;V;; j M :7./v
;
$19,338,395
inventory
Periqd End. Aug. 31Operating revenues
Delaware Lackawanna & Western
RR. -Earnings—
September—.
.
Shore, a partner of Goldman, Sachs & Co., has been
President, succeeding J. M. Bowling, who will become Chairman
the board.—V. 167, p. 2028.
' /"!
.""/'•' V
Preferred
for
157,168
:
1948—3 Mos.—1947
sh.__
com.
$2,600,000
immediate
refundable
$133,000;
(notes
Gross
V
1360.
1,917,800
138,231
676,191
178,056
166, p.
$66,643,059 $58,633,458
reserves
2,667,000
3,398,400
857,391.
income
company
terms
Net
1,110,522
10,000,000
Total
•After
and
account:-
inventories (rl
portion of Federal
LIABILITIES—Accounts payable, $204,985; dividends payable, $65,501;
14,814
"23,169
Spencer
Other
10,000,000
—_
income
accounts,
$1,153,536;
payroll deductions for bond purchases and taxes,
$179,805; Federal taxes 011 income
(est.),
$196,400
"6,973
"57,210
per
General
de
7777777777"
surplus
$214,400
82,330
27,983
shs. outstanding..
Federal
_
Common
$327,600
21,374
railway..—
Earnings
the
market),
1948
30,
$379,040;
$349,693;
1945
102,950
3,292,465
—__77Z777Z1I-"I7'
Reserve for
2,370.144
$
year
*
v
—
1946
$390,209
_—
Net prof..after taxes, etc.
-
or
JUNE
hand,
on
the rental
agreements), $996,169; property, plant and
equipment
(after reserves for
depreciation of $383,933),
$1,066,837;
patents
(unamortized cost), $525; deferred charges, $154,892;
total,
$4,109,389.
earned
1947
Eagle-Picher Co. (& Subs.)—Earnings—
of
cost
(sundry
stock
1948
income.—
Depreciation
,
.
$3,019,510
provi
taxes—..
on
SHEET,
cash
$28,199i,
,
Winnipeg & Pacific Ry.—Earnings—
Operation
$1,621,151
—
sharing
liabilities—-.
income
deferred
Earned surplus
9,253,192
Operating
LIABILITIES—
Reserve
6,203,664
786,845
charges:
___——
Accrued
8,247,972
Period End. Aug. 31—
Sales
leaseholds
improvements
insurance
Total
equipment"
machinery,
leasehold
Prepaid
Goodwill
9,126,449
understood
941,012
1,193,166
4,030,674
Investments
ol'
taxes
Delaware,
'
and
income..
1480.
Edgewater Beach Hotel Co., Chicago—Sale—
$15,376,727
Accounts
16,965,993
"Deficit.—V.
SHEET
Sent. 30. '48
Govt,
32,405,543
11,294,695
end
year
Cash
U.' S.
25,089,784
15,334,453
oper.
The
outstandg.
all
30,960,257
17,641,443
railway..—
railway
from
Fed¬
com. share
per
36,644,638
elected
$98,146,151
___
shares
1,834,578
from
ry.
T.
1943—9 Mos.—1947
taxes..__
Fed.
Earnings
1948—3 Mos.—1947
$31,577,893
before
profit
1,887,686
New President Elected—
$33,082,963
income
1,752,308
oper.
(After
Sept. 30—
__
profit
eral
y
1,959,912
income..
From Jan. 1—•
Gross
Com,
costs.
lower
3,348,226
from
from
Net
1359.
p.
sales
•Net
1945
$5,309,050
3,335,913
oper.
Net
Container Corp; of America (&
Subs.)—EarningsNet
1946
1947
-
$5,192,846
1947
1,570.266
share
common
for
168,
3,197.407
Duluth
"$769,827
1,159,849
outstandings
crediting
$1,782,827
purposes.—V.
per
$5,491,939
September—
Subs.) -Earns.
$7,534,419
Earnings per
em¬
3,653,616
168, p.
Net
(&
loss
shares
to
$45.42
$6,145,925
from
from
Net
Common
1948
railway....
railway.
oper.
Net
to
be
Consolidated Vultee Aircraft Corp,
"Net
corporate
at
railwayrailway——
from
initial
An
settlement
in
dis¬
1112.
p.
general
offered
BALANCE
ASSETS—Demand deposits and
receivable, trade
(less reserve
of
equipment—signs
September—
Gross
Sept. 25, last.
on
this
1948,
29,
liquidating
payable
Oct.
was
announced
distribution beginning Nov.
common
actions
the
the
ex
the
York
partial
stock
common
business,
partial liquidating dividend of $10 per share
quoted
for
be
to
companies
the
the
Gross
New
associated
with
From Jan. 1—
Consolidated Liquidating
The
used
be
stock,
common
and
statement
Duluth Missabe & Iron Range Ry.—Earnings-
741.
p.
Proceeds
of
registration
a
1692.
$448,303
providing for all charges, including depreciation and interest.
168,
filed
011
261,326
$137,979
__
share
per
•After
Sept. 11.'48 Sept. 6,'47
$628,336
$709,629
Co.—Registers With SEC—
Oct. 22
105,176 shares
company
SEC
93,601
Capital shs. outstanding
Earnings
Dow Chemical
The
36 Weeks Ended
p.
taxes
profit
Weeks'Ended—
Sept.'11,'48 Sept. 6,'47
$251,580
$276,445
profit bef. taxes.
income and excess
Fed.
.
554,768
$282,004
a
Nickerson
$587,851
$375,242
experimental,
for
-1945
$550,338
558,167
income
sundry
$836,769
$362,077
—
income
Devel.,
-Earnings
1946
gen.
—
Operating profit
Other
1947
rents
$920,244
admin,
expenses
Total
1943, earnings would
be $1.66, or 7 cents a share above 1947.
Mr. Brown added that if $3,300,000 of rate increases presently pending are granted in full, "return
1048
sales
estimated
earnings for
at $1.46 a share, compared with $1.59 last year.
Mr. Brown sgid this estimate did not
fully reflect the impact on
earnings of the $5,000,000 revenue increase granted by the Michigan
If
Corp.—Weekly Input—
the
week ended Oct. 21, 1948 the
System input of subsidiaries
corporation amounted to 75,077,000 kwh., an increase of
8,835,000 kwh., or 13.3';r over the
corresponding week of last year.—v' 168
p. 1693.
1948 calendar year
Public
5
this
of
1948
for
shares
the
(1797)
Nov.
of
and may be converted at the rate of $100 of debentures for live
of capital stock, subject to adjustments, if any,
from Dec. 1,
year,
•
CHRONICLE
$47,000,000 of convertible 2.80^ debentures (see V. 168, p. 1480),
Subject to the approval of the Michigan ■ Public Service Commission
and the effectiveness of the registration statement filed with the Securi¬
about
Retains
w
The
The
corporation has called for redemption 011 Nov. 26, next, out of
sinking fund monies, $498,000 of 15-year 3 Va'/( sinking fund debentures
dated Sept. 1, 1945, at 101^4 and interest,
ttrimn
and
in
Court
the
168,
p.
that
preferred
decree,
case
back
critized
to
appealed iJto
then
payments
ruled
the
Philadelphia.
is
involved
1143.'
in
SEC
the
fiye
<>
6 Mos. End. June
Gross prol.it
.*■
1947
1S46
&
$2,045,080
$3,005,842
$1,251,791
1,173,093
1.120,475
$694,945
$1,832,749
$131,315
—V;
168,
.
90,271
61,590
'81,154
$1,694,339
$$12,4o9
$1,310,559
360,930
107,985
78,706
0-31,708
Cr32,324
Inter-co.
734,000
68,300
729,000
income
Piov,
$7»9,359
$67,952
$247,177
$3.2jj7
$0.28
$1.01
and foreign
taxes
tor
habil.,
Net
301,200
(est./—,
postwar
p
W
^
$1.24
share
com.
per
288,000
/
-
-
$303,674
SHEET,
BALANCE
$195,015;
(at
licenses
hand
on
$137,623;
roll
of
The
within
one
capital, $1,351,729; earnings retained for use
$6,161,235; total, $17,120,450. /%■/'••'''"V/''J;/-?: ,■ k,;.;/.;.
under
the
1947,
terms
covering
—V.
LIABILITY—As
liable
168.
to
of
the
at
its
of
one
June
banks
assignment of
an
of
sale
the
in
York
Jan.
the
offered
are
stock
York,
New York 17,
42 Street,
EFFECT
(GIVING
.amount
'3
440,000 slum-
,,,
cabinet
168,
shares of
6.092
capital
Capital
(& Subs.)—Earnings—
1948
at
par
167,
$5,423,442
384,244
214.578
outstanding—.^
228,850
V ' 229.850
$1.68
$0:94
1694.
p.
Stockholders^—
General Electric Co.—Number of
total of 243,850
the record date for the dividend payable
has
company
a
1
announced.
than
More
1P47
$6,890,412
shares
The
'
i.y
& charges.
Earnings'p,6r share
—V.
,
stock
1581.
p.
Sept. 30—
profit alter taxes
25f/r
stockholders
the
-of
■'
/
stockholders as Of Sept. 24,
Oct. 25, the company recently
-iv ,v''; ; >y- i;
small
are
holders
owning from
said. Brokers, banks, bank nominees,
and other business enterprises total less than 2% -of all stockholders,
while trustees,
guardians,- and other fiduciaries number about 10%:
Various educational and charitable institutions owning G-F. stock total
to
one
.-•?
•??,.\ .".b
V'1/':;.\
for
sale?
deep,
18 .-inches
inches-^ wxde,
31
Months Ended
Net
produce* " The Freez-Pak elec¬
of ' 2-.8P 'Vi.ibic"- .'feetu The:
to
are
subscribed
Net
refr.igcratoTv.-wck-. developed . by
researcii and redesigniugi ,a proto¬
made of aluminum and-plastic, rand consists of an
and a plastic inner fJieH. separated by' two
inches of fibreglass insulation, secured and sealed - with a"panelyte" •
breaker strip, two plastic doors which are similarly insulatec.1. quiet,
easy acting latches, concealed hinges, and a balloon type live rubber
'door seal.
'i-'/v.',
i;y vMVyy •:
1948—12 Mos.—1947
Inc.,
Rights expired Oct. 15.
The author¬
recently was increased from 20,000 to' 40,000 shafes
100'/ stock d v dend was paid to holders of outstand¬
and a
shares.—V.
15,233
9
.
.shell
cuter
the
for-subscription.
General Bronze Corp.
Th? cabinet is
aluminum
for Futures,
auditors.
attorneys
are
capital stock
ing
SHARES
.'7
Outstanding
OF
storage. eapaCity'
a
the
of
the
are
Montgomery
&
i .
and
John M. Westcott.
Hope
&
Bros.
stockholders
offered
ized
compact
proposes
company
has
23.5 inches high; "'..'.
:i
1948—6 Mos. 1947
-
dimensions
overall
Fairmont Foods Co.- -Earnings—
Period End. Aug. 31—
Freez-Pak
which the
of
tric; refrigerator
contract/ dated March 29,
company's Detroit plant.
■•uvi.
-
and fori
the company i,
after nnuiy experiments,
St-oel
type
is
the
of
.officers of
any
'
PRODUCT—The
Marsh
Ross
y
•
Gauley Mountain Coal Co.—Subscriptions—
The
$10)
1
■
$116,929,
of
'
,
100,000 shs.
PURPOSE—It is the present intention of the company that , the net
proceeds to be received from the sale of the units are
to pay for ;
production tooling, consisting of; molds,^-dies, i jigs and fixtures, .to
purchase component parts, assembly of the refrigeratoiy existing lia¬
bilities
(notes
payable
for loans $27,366;
accounts payable—Trade,
etc. $12,634, totaling $4.0,000.
These notes are not held by or payable
to
Futures,
Glenn Saxon,
O.
(par $10i
SALE
600,0009hs.
200,000 shs.
■
$2.50)____-.:—
(pai
to
and commodity experts will act as an
Inc. They are: Warren F. Hickernell,
economists
Delaficld,
Y.
N.
TO
OFFERED)
(par $1
shares
a
committee
Professor
?. ? ?.
N. Y.
Authorized
Preferred
for
provides
take
prominent
Lybrand,
BUSINESS—Corporation was. incorporated, in New
1947.
Principal business (office is located in the' Chanin
Common shares
funds
Inc.,
to
.
with 25c cumulative • dividend
Transfer agents,,Corporation Trust
share.
per
New
122 East
can
Shearsori,' Ham mill & Co.
for
Three
speculation.
a
as
v'TV V
be
speculation
enough about commodities or do not
adequate diversification," Mri Donchian
know
nonconvertible
is
$3.25
at
CAPITALIZATION
business,
company
time
advisory
,
AND
8,
Building,
Mr.
1948,
the
land
porcicn
a
30,
in
149.
p.
callable
HISTORY
year,
paid-in
contingently
securities
preferred
is
NOW
maturing
Units
.
122 East 42 Street,
with offices at
payrolls and pay¬
$1,702,269;
1,755,539
Corp., New York—Offering of Stock
Co., .120 Br.oadway,
$60,017;
notes
payable to Prudential Insurance Co., term loan, payable in instalments
beginning March, 1850, $4,000,000; timber purchase contracts, payable
in instalments
(less minimum payments of
$13,266.89, due prior.to
July 1, 1949t, $331,545; other long-term contracts, $109,712; reserves
for
genera)
contingencies, $87,640;
reserves
for
miscell.
operating
purposes,
$154,229;
reserves
for
pension
trust
premiums,
$43,622,
capital stock (outstanding, 244,190 27/50 shares). $1,220,953; additional
CONTINGENT
10,810,691):
8,873,245
3,292,979
1,342,546
1,589,165 "1,626,211 ,*:o 559,970
.
accounts payable,
contracts
long-term
3,696,65:)
These
unt.
and
taxes, $385,370; accrued taxes, interest and other expenses, $219,Federal, state and foreign taxes on income, $1,293,123; portion
003;
12,396,217
3,213,59.)
168, p.
charges,
deferred
$93,619, ' other
amortization),
$17,120 450.
LIABILITIES—Trade
$886,202;
deposit,
on
■
New York' City, is
offering 80,000 shares of common stock ($lvpari and -80.000 -shar.es-.of
preferred stock ($2.50 pari in units ot\ one share,'of each at $3.50 per
112,39'Ji, $3,910,341;
accounts receivable,
other
less
cost,
total,
and
of
(alter reserves
receivable,
181,784
i :■
,
11,939,651
income
1481,
Freez-Pak
trade accounts
fire insurance claims
$163,126; inventories
a,t lower ol' average cost or market,
$4,357,826; advances co logging
contractors, $904,729; prepaid insurance and other expenses, $151,807;
iniscell.
investments,
accounts
and
advances,
$71,674;
timber/ands
(at- cost, less depletion!.
$2,619,655; property, plant and equipment
(after reserves fcr depreciation of $793,852),
$3,628,835; patents' and
ASSETS—Cash
receivable
■
■
railway---
oper.
The,company,
1948
30,
JUNE
'
"Futures,
writer
.deducting cost of products sold amounting to $9,019,472 in
$10,181,363 ill 1947, $5,657,641 in 1940 and $8,343,352 in 1945.
shares (par $Si.
CONSOLIDATED
...
■
378,627
;
.
railway--.
from
ry.
—V.
244,190
tOn
214,340
105,404
1,795
from
Net
*After
1948,
income.^.
$1,256,200
$945,783
211,229
83,135
oper.
Net
1945
'% 1946
$1,081,567
402,848
From Jan. 1—
Gross
•
.,
profit
tEarns.
ry.
;
1947
$1,372,270
-railwayj....*..
from
,
re-
conting.-
etc.,
Net
1948
►.
•
-
1%.
that commodity
realize
not
risk
sufficient
limited
railway...!-
from
Net
earned_
comm.
state
Fed.,
September—
Gross
do
the
to
less
a needed medium for the
Person with
speculative flyer or to hedge investment funds
against inflation or deflation.
v''
"Right now
we
feci that
most commodities,
especially the un¬
supported ones, are too high and should come down soon after the
election. We expect to employ a portion of the funds in selling certain
commodity futures short. If you are in a business in which inventory
is an important factor, or if you own securities or real estate, Futures,
Inc., is the only publicly offered vehicle, with constant liquidity, in
which
you
can
hedge your
position against a postwar downward
readjustment in the price level."
»* .
Mr, Donchian was formerly the trend analyst and market letter
Ry.—Earnings—
--
c-tc.
either
value,
trust. Shares purchased
corporation at any time at
investment
resold
be
can
asset
people, who
"Many
have
open-end
an
.net
or
profitable,
said.
$760,2J6
180,342
income
to
Inc.,
Futures,
.liquidating
-y/
'V
1481.
p.
Fort Worth & Denver City
41,237
income
Total
Interest,
from.
mortgage
$1,269,322
profit
Operating
now
1.059,301
1,350.135
expenses
Other
.
eng.
similar
manner
bonds, 3tf. series, due July 1, 1977,-.are
available In exchange for outstanding .temporary' 'bonds' of the
issue at the Bankers Trust Co., 16 Wall' StrdetViNdw' Yprkv -N,', Y.
first
Definitive
1945
$2,326,623
,
,
Monday, i November 1, 1948
Bonds Ready—
same
1948
30—
sales
on
admin.
Selling,
CHRONICLE
FINANCIAL
&
Florida Power & Light Co.—Definitive
~
(& Subs.)—Earnings-
Products Co.
Evans
COMMERCIAL
THE
(1798)
ten
shares, the
approximately
;?
1 %
of
\2
George
.•
Elected—
Director
New
company
'
'
Franc'sco
San
prominent
Montgomery,
G.
coriioration
ex¬
.
s
Sales
59,057.035
before
Net
shrs.
Earns,
—V.
per
167,
117.571.210
113 278,180
3,497,762
2,527,218
4 190,955
867,048
961,696
1 594,577
2,167,410
1.565,522
596,378
Tl)(? compressor compartment is situated in the center, of the cabinet,
the
shelf,
and
contains
a
standard
x/10 li.p.
Tesumsch
sealed
motor
compressor.
A -static
vertical ' fin type
condenser is used which is attached to the back of the cabinet, and
concealed <■ by
a
back
cover
which
blends- with
the symmetry
of
571,366
544,481
571,366
544,481
the
$2.34
$3.82
$2.47
$4.42
taxes__
share.
com.
941.
p.
1,330,352
1,410,081
__
,i
_.?■■
outstanding
profit
Com.
taxes
income
54,817,192
2,277,129
;
Profit
Federal
$
ing
tne
outstanding
Nov.
4.
Oct.
on
common
This includes
declared
25
an
stock,
dividend
a
payable
Nov.
dividend
extra
of 75
of
20
$1.25
share
per
holders
to
cents per
on
record
of
share.
Payments previously made this year were as follows: March 1, $1.50;
June 1, $1;
and Sept. l. 50 dents.
In 1947, a total of $2.75 per share
was paid.—V.
168, p. 544.
•/., '
/
v.
.
.
:
/.
;.
-V-"
Fibreboard Products, Inc.—Private Placement Voted—
The
directors
Oct,
on
tional
investors ct
proceeds to lie used
a
23
authorized
issue
new
to
fnr?fipai';v ^expansjoja, plan,
preferred stockholders.
r&no tni insurance
B
the fe
loan.—V.
(& Subs.)
Provision
Fed?"
Net
for
—V.
taxcsC2ltL__.__
Federal
has
1947
$7,159,150
47,000
$1,027,882
345,341
$5.26
$2.98
Florida Telephone Corp.—Stock
Offered—Florida
filst offercd
Wa-
Stock
•
transferred
tc
stockholders
of
record
Oct.;1 14
at
and
registered by
the corporation,
«
has
Co:
entered
lease
to
Co.
to
who
will
supply
start
production,, it
parts
is
The
Steel,
corporation^,
tpat the
necessary
;
OFFICERS—The
names;
the
188,
the
at
are
Fruehauf Trailer Co,—Bank
The
000
reduced
company
outstanding
under
piring Dec. 31, 1949.
sales
customers'
pf
Agreement
install transmitters; and
be controlled
said.—V; 163,
Montana.
operations for
grain
Formula Feeds—
Fails, Montana, has been appointed
will leave his post Las Man* -er of
Mr. Anderson
succeeds
who resigned.—V. 168. p. 1581,
trucks up substantially over
?
last year
of automobile rcplacemeul parts-and nonautomotive
high levels; net tales of General Motors products
of 1948 fota'ed $1,201,626.065 and net Income amounted to $120,391,550, Alfred P. Sloan. Jr., Chairman of (he board,
vand Cj L. Wilson, President, reported to more than 433,000 stock-.
holders.
/
.
.
'I-
:
'"Vi"-
•
third quarter do not fully reflect current iwsince a portion of materials uced in the period
was
drawn from inventories which had been purchased at lower than
current prices," tho report stated.
7; General Motors profits in terras of inflated dollars are currently
running at relatively high levels, the report said, But. in re'.ation to
sales the current rate, of profit is below prewar.
'
"The
results
the
for
creased materialspricest
,
,,
.
six
the
In
years,
prewar
'
and
J
banks
of
group
a
Corp.—Report for Third Quarter—
cars and
of
products cootinun g at
the third quarter
1947,
■"
suleV
unit
of
volume
$9.000,000,leaving. $6,000;-
with
control facilities..
remote
and aggregate sales
'
Loans Reduced—v ;:
bank loans Oct. 26,
Credit
for
Z for
John
follows:
as
VO.'V
,
He
Feeds.
Formula
company's
Great
of
Anderson
B.
of
General Motors
and President, 122 Sast 42nd Street, New York 17",
Frederic
MacFarlane,
director
and
Vice-President, •
1361.
p.-
rules
FCC
new
good
Fred Thomas,
Wh;h
21 Circle- Drive, Glen Cove, N. Y,; Fyanees M. Steel; director, 122 East
42nd Streit; New York 17, N. Y.; S. Rosenthal.* C.P.A., director.
Sec¬
retary and
Treasurer, 25
West 43rd Street,
New York
18. N. Y.
—V.
meets
console makes it possible to
new
1581.
Director
including 109/
AND
George
by
General Mills. Inc.—Director of
retail
director
Y.;
a
for
,
delivery,
for complete control of a
land-mobile radio communica¬
the company's Transmitter
N. Y.
-/v'/////''/.v; y
Type EC-8-A.
radio-coverage areas where they can
convenient dispatching points, the announcement
Charles
t
unit
condensing
complete
the
'he
unit
new
of the
receivers Jn
,
make any of
purchased complete
.not
the sale of its securities, initially raise $140,000.
the, foregoing, the cost of a Freez-Pak : refrigerator
of
The
Use
p.
assembly.
will
unit,
station combination in
central
system,
has been announced
Division at Electronics Park, Syracuse,
'
space at 20 cents a square foot; to he
Freez-Pak refrigerators.
The x'eason for
was
its close proximity to the' Tectunseh
Ionia
new-remote control
from
with
agreement
an
of
whose
primary
of - Castle &
Director
tions,
room.
into
a-member
elected
been
and
Announces New Product—
A
plant in ioriia,- Mich., for
cont'nue. • The Ionia plant
a
option; to
an
ship
in
main
DIRECTORS
F.
N.
Fla? v
Ocala,
office'on living
an
has
Montgomery,
remote
.excise tax, is $92 based on lull pro¬
sales price is expected to be $191.59 plus an excise.,
tax of $8.36, making the sales
price of the box tq the consumer $199.95.
sol?d?nS?vJ"^0K;-pauy,
0l'Srinized in October, 1925, as a conjf
Kanou,s local telephone companies into one company.
lU,? •?,)
fn lot',ally 0W1,ed and managed with the principal; of!.»?» /
e5 llvins and residing in the territory.: Company
in tlm heart nt^ifr-7 exchanges in 27 communities in 15 counties
J
of central and northern Florida. Among some 38 rural
"T*out <"the 27 ««W% m-.
pripnnpr!
bemg' served by the company. Company has exlime
steady growth from its organization down to the present
order
duction,
Se-
°f '^rCe shares for each four shares held.
in
with
and
Products
From
cuiities
RightsexpbreJ'e Oct 9 30
a
The
feet of floor
factory
a
is the
point
$0.59
Co., St, Petersburg, Fla., is offering the unsub¬
scribed portion of
28,500 shares of com. stock at par ($10).
placed
one. year
assemble
through
345,341
2685.
p.
to
In
$202,130
>■
eight ice trays or
require freezing.
which
the refrigerator.
be
and ready lor final assembly.
It
is
planned
that
production
would start
with the. making of
200
to
300
refrigerators the fiist month; 500 the second month;
1,000 the third month; stead ly increasing to level off at the ' six
month, at which time production v/iii reach its'peak.
,
249,130
345,341
an
'.
hold
Mamifadturiir.g
30,000 square
(Mich.)
1946
$1,817,126
will
substances
when
Corporation
All
parts will
716,000
V
other
of
selecting
which
1,743,882
:
-
period
a
Earnings—
v
of
Ionia
used
1,173,000
share...,
per
compete
2,990,126
taxes:
outstanding?????"
shares
167,
and
1469.
p.
1948
profit
Capital
Fariiings
loans
$21,610,997 $14,783,362
—_
before
167,
Sept. 30—
„
Profit
bank
21"x4' xll '/i"
is
.and
^
type
plate
aluminum
on
1, evaporator -dpov. , The freez¬
which is. suspended from- the top
side panel
PRODUCTICNi-^Cdiporation
the
notes,
.
company
Florence Stove Co,
Ended
of
serial
panel,
commensurate
temperature
of
the
box
and
freezing unit is controlled by a hand-set control,
Although the Freez-Pak has a storage space of 2.66 cubic feet and
can
be' transported,
it is capable cf holding as much as nontransportablo
refrigerators, considerably larger due
to
the
compactness
of its unique arrangement and design.
It-is estimated that the box
will weigh about
75 pounds.
The Freez-Pak. is so designed that it
does not resemble a /refrigerator, unless the doors are open, and is
institu¬
with
20-yea«
(be issuance• at some later date of a new
t0 retire existing prior preferred stock arid to-
induce
9 Months
placement
cabinet
amount
inconspicuous
TJre authorization is subject to approval
<4
Sales
private
$25,000,000
$15,000,000
prepay
^S?-
of
the
consists "of
compartment
control
compartment
ci"
•
directors
freezing
evaporator,
Fajardo Sugar Co. of Porto Rico—Extra Dividend
The
Mr.
President
,
box.
The
/
;
.
the board of directors.
*
business
is serving as ViceCooke, Ltd., sugar factors and
shipping agents with headquarters in San Francisco, is also Vicechairman of
the board of directors of the
Malson Navigation Co.;
Director of Bay & River Navigation Co., California & Hawaiian Sugar
Refining Corp.,
American Trust Co., Honolulu Oil Corp., Oceanic
Steamship Co. and Pacific Guano Co., all or San Francisco; and
Vice-President
of
Ewa
Plantation
Co., Kohala Sugar Co., Waialua
Agricultural Co., and other Hawaiian corporations.;;, ,
ecutive,
below
hermetically
sales1
"about
was
1936-1941, General Motors average annual
one and two-thirds billion dollars.
In
sales were more than three
in 1948 are'' currently -running
and three-quarter bilkou dollars
at an annual rate of approxi¬
billion dol ors.
In 1947. net income was
compared with an average of llVa/i in the
In 1948, net income ii running at about 9V5U of
and one-half
only 7V2'" -of net sales as
mately
-l
ex¬
1936-1941.
period
Furthpr reductions will be-made when additional,
equipment installment notes are sold to- the Frue¬
net
four
sales.
-c
the 1948 third quarter and nine months
results,
commented:
.
.
••
Forms Finance Unit—
..."
-The high volume of sales in
1948 is due largely to an improved
V/..
?
rate of
production, particularly in the automotive operations.
Unit
i
Harvey C. Fruehauf, President, on Oct. 22, announced the forma¬
sales of cars and trucks in the third quarter were 7% above sales in
tion
of
Fruehauf
Trailer Sales, Inc.
for the. purpose
of financing
the previous quarter and 24%
above saies in the third quarter of last
/ trucktrailer installment purchase contracts for periods
as
long as -i
uil1 be used for the continued
expansion and
year
'While unit sales-for .the first-'nine months of 1948 were 18% five years.: (See V.
168, p. 1693).'
w
above
the first nine months of 1947, they were still at an annual
fn,?3
telephone plants to provide facilities for present and
The
new
company,
negotiating
through
Lehman Brothers
and
rate
somewhat below 1941 and far short of both customer demand
"rai rlr.
' &ervice, mechanization of certain exchanges to
Watling,
Lerchen
&
Co.,
has concluded
with
a
life
arrangements
_.roude in pi o. ed service to its
present customers,
.and production capacity..
Production continues to be limited by short¬
insurance
company
to borrow up to $30.000,,000i The: loan' will be
y-ages: of materials, principally /sheet, steel." ', - ■•:*.
' *
evidenced
by collateral trust debentures. Proceeds of the borrowing
*r-,.c.?A?1T^LIZAT1°N G1VING EFFECT TO PRESENT FINANCING
The
report said aggregate sales, of automobile replacement pgrts
will
be used to acquire
equipment installment .notes from Fruehauf
b0l'idf (all owned by the Massachusetts
»V /J,,.
arid of GM Diesel locomotives, GM Diesel engines. Frigidaire products
Mutual
Life
Insurance
Trailer. Co.—V. 168, p. 942.
Co.)
3Va
and
"- .- 7 .'
7 ■ '/"v. /■'<
3interest,
and other nonautomotive products which, since the end of the war
hauf Trailer
Sales,
Inc., recently formed to buy customers'
paper.
the
k
n
report
,
l
f
Q
announcing
vln
-
'
,
•
,
-
•
•
maturing
1371
mortgage bonds
Common
lo
'
bonds
-
sola.
shares
In
March,
Mutual
has
an
preferred stock
'
'
Lite
authoixzcd
(par $101.
1946,
issue
Co.
revenue,
50.000
of
7 Mos. End.
1947
049,623
499,911
63.387
66,340
79.163
011
reflects
in
28,500
the
shares
nine
rates
effective
and
months
of
35,466
50,751
165, p. 208.
Higher—
?
share
Dec.
on
31, 1947.—V. 168,
1481,
p.
income
21,348
the
charges
011
additional
common
increased
42,828
stock
revenue
for
$-100,000
this
from
by the Florida Railroad
the month of April,
1948.
1581.
40,740
months
12
fourth
in
26,207
114,416
30,760
statement
series
quarter
of
upward
Commission
divi¬
It
•
also
adjust¬
which
+Deficit.~V.
•
.which
The
168,
Inc.,
per
share.
the
16,000
of
Donchian,
current
Futures,
at
offering
starts
40
Wall
President
St.,
and
comprises
trading,
on
New
26,000
or
York,
"it
is
shares.
before
Nov.
'
Up
10,. the
period
.
a
publicly
owned
..
ponimpdity
•
trading
For.
871,
....
_
.
1
.
fund
is
.,
...
Motors. cars
Canada-
and
and
trucks to
shipments'
overseas
dealers in the
in the third
1948-totaled 557,868;- .compared with 448,229 for the same
1947.
For' the first wine months , of, 1948, unit-..sales were
compared with 1,372,261 for "the
similar period of last
•
was
an
•
average
■
:
of 372,635
employees on
.
- -the General Motors
the third quarter of 1948 and 378.875 in the first nine
mcnths.
-These., averages-compared* with 363,554 in the third quarter
and 372,476 in the first nine months of 1947.
Total pay rolls were
$318,600,000 in the third quarter and $940,000,000 in. the first nine
.months of 4948.
In The third -quarter, last year total pay rolls-were
pay
^
Donchian said that Futures, Inc., .will be operated..in ^.a
of
There
the
time
price is $10
is no selling charge for thq,first 10.000,.shayes.
additional, shares the selling charge has been set at
quaiter of
...
and'
'year.
i
to
There
offering price.
Pointing out that
States
-1,615,254,
announced by
Manager',:-'
fund
the
unusual, Mr,
.
.
General
of
sales
United
.
with offices
D,
''i
•
a
beiug
are
organized
-peacetime''-level-' of
only
•
•
commodity... trading
corporation,
the * shares of
offered to the public "as a .speculation",, has been
company,
Richard
bonds
D
15c
offering.
the
1948
;
"
.
record
Unit
The
inflation
"
"The
.'earnings/'
?;
>.
out
the inflation of the -price
'.increased physical output nec.essary
•
Futures, Inc., New York—Stock Offered--
-.
that
industrial' activity today reflects
level which has occurred but. 4he
to meet the tremendous demand
for
goods.
Increased dollar volume and high costs' of plants • and
facilities require increased capital. VUnder existing conditions this nded
ds
being, supplied largely byuthe retention '.of;;a greater ..share oi
-
•
Sept. 30., the. corporation had assets' of $31,609,959' with a
value'per share of $13.75; comparing with $27,604,340 .and $13.67 per:
38,262
granted
during
said:".
$2.62
.
.As .of
s
105,209
interest
1948,
:
80,310
87,574
*47,10.3
additional
March,
$2.95
to
;
industrial operations arc .still
of the war and its aftermath
has'-; affected' all phases- of business, the report
to the fact
abnormalities arising
attention
that
and
297,032
297.120
.
1
Fundamental Investors, Inc.—Asset Value
1946
98,970
the
outstanding..,..
share
not
^Calendar Years-
July 31, '48
43.060
in
per
.'
■
'.subject
$777,419
the number of cars and trucks
be indicated ;by
would
'sold.".
536,000
,
'* v"
STATEMENT
*59.075
reflects
592,950
than
greater
1,313,419
1,468,579
'
'.$875,629
shares
Earnings
—V.
433.040
T_
taxes
_i
profit
Capital
non-voting
outstanding.
7,51,939
estimated
income
to.xes
'
is
149,239
foregoing
Net
.
shares
$685,430
earnings
$7,574,181
$9,067,826
before
Calling
of
$7S5,12G
expenses
Dividends
ment
purchaser
$584,001
Surplus
dend
Profit
Income
*>$1:000,148
Interest
issued
of
INCOME
Dec. 31, '43
-The
Series
bonds
C
1947
1948
Aug. 31-
sales
Net
were
3lA'/r
series
the
was
preferred stock
°12 Mos. End.
Kct
3tV'/Z
of
stock
common
$300,000 of
Months Ended
9
series D bonds were sold.
Insurance
No
COMPARATIVE
Operating
"Taxes
sgg'Joo
•
Company
was
additional
*r
Cross
p.
of
March.
1947, $500,000
have-represented a higher-proportion of total volume than in prewar
years
continued at high levels during the quarter.
"This," it added,
"together with the increase in the general level of all prices due to
increases
in costs, resulted in dollar sales
figures which are much
Fuller Manufacturing Co.—Earnings—
90550
.._.__^.__„.????
pari.i.,...
In
'
19611.
bonds.
tne
•
were
maturing
In March, 1948, $400,000 of
Massachusetts
T*hle
J.ne
5,i.
(Slo
(4'/
December, 1948 27,000
amounting to $270,000.
sold
C
stock
$1,810 000
......
——
Second
rolls
in
$285,000,000 and
they
were,;$847f000,p00 in the first nine months;
,
Volume
: v-
-
,
' '
'
CONSOIJDATED INCOME
•
Sept. 30—'
Per. End.
COMMERCIAL
THE
Number 4747
163
are.Cfabricated-
parts,
ACCOUNT
near
Production
the
at
;sks* Kmwwv.iiM>wi»M«
WWOMW*»*HiiWtlwv«v«
&. FINANCIAL
:the
'
point ol' consumption.
1948—9 Mos.—1947
1948 -3 Mos.—1947
'ttrwi V
rw»< n
kji
ii«i« •»
"
materials
of
source
•
»
CHRONICLE
arid
assembled
at
$
K
.
Grand Trunk Western RR.-
.
■
Ambridge
plant is expected to get underway
\yithm approximately 60 days, Mr. Cronin said.
NetI,a01,{)2li,0(-5.941.733,864.3,436,331,992 2,683,155,347
;:j;r Construction work on..the new stamping plant will begin immedi^Corporation^.:^q*J*? '.ivV'/v^'V'./j V''v
v.'
'
tt"; V •' ately," .he -saidy'/With ■.expectation thqt .it will be ready for production
;
ulty in earnings
! v,
'V A;'/*/!\
-A'A: t some time late; next year. It will be on 65-acre, site. The plant
(neti
ci: subsiui'
•'
V; / ^ ')V,
•
' will comprise about 600,000 square feet, with manufacturing operaa
(1799)
September—
Gross
♦
Not
Net
"ofdated"?' -0n_
Dr
5,146,147
7,051,130
———LA
1,199,721,089
toth. .inc. .met)
'
TotoV'
,
5,350,166.
! 15,437,169
,
tions
8,335,555' V
-8,971,63a v
15,374.308
4,179,969;/
A
,
other
Interest and
of
"
on
<■
.
V
,
t
y
,,,
S, and foreign.
income and exc.
72,718,838
7,778,000
36,262,000
21,406,000
iA
*
,
'
60,23^,000
,r
120,391,550
.
pfd. stocks
Amount
earned
•
".*.
*'
■'
*.
...
its
the
1
75,658.274
3,232,078
3.232,079
327,155,222
213,217,476
44.04!).190
43,989,701
44,071,557
5-2.67
61 65
S7.22
S4.62
dividends
43,973.488
33 031,255
109,961,829
99,153,358
for
and
and
the
interest!-* received
third
ended
and
the
$4,815,384
Sept.
"tlnc'.uding dividends
quarter * and
amounted
the
quarter- and
$2,157,852
months
present level of
funds
have
will
in-order
1950
in
months
of
$297,737
and
1948
Sept.
third
quarter
and
amounted
11.6,:M,
or
$970,035
30. ri:
for
the
thTd
"249,726
27,744,000
5,642,597
2,591,440
"2,545,235
3,495,328
168, p.
1361.
Ohio
&
RR.—Seeks Bond
Authority—
company
to
Total
such.construction
operating
Total
operating
Net
Gross
of
Income
a type
:v:'
*;
Balance
i?
State
;
22,
(netl
The
Share—
directors
i"- ■'■<
Oct.' 22
011
decided
to
surplus.*.—
$2,130,269
769,391
z
173,936
....
$18,559,575
118,949
1,979,890
1,292,002
193,334
154,168
2,162,631
1,821,531
16,776
16.776
201,316
201,316
260,956
239.460
133,440
2,276,078
1,784,976
1,964,055
168,376
acqui¬
adjustments-—
Federal
income
Other taxes
..
1948 -12 Mos.—1947
$1,813,184 $21,794,908
656,435
8,270,149
7,302,325
plant
of
sition
ended
quarter
;
Depreciation
first
;30^; 1947;;/
$617,536
Co., Inc.,
Co.—Earnings—
1948—Month—1947
___-_l.A../
Maintenance
-t
237,843
383,233
$711,622
revenues—__
Alnort.
of. its
$2,100,000
246,834
469,140
Operation
•'
■
redeem
to
$1,238,613
taxes.
Gulf States Utilities
Pre-
per
3,240
$1,427,597
a
income
Pcr.iod End. Aug. 31—
$2,100,000 of
Aggregating $5.25
$1,235,373
11,786
"Includes former subsidiary
merged into Gulf Public Service
Nov. 10, 1946.—V.. 168, p. 1042.
157,589,434
Dividends
$1,415,811
—
(net)
_•
deductions
Federal and
3,621,863
,.
kwh., an increase of 16,438,067 kwhi,
the corresponding week of. last year.—V. 168, p. 1693.
over
income
$4,857,241
4,223,270
...
the
To
program.
$5,639,080
deductions.
revenues.—
revenue
"1947
1948
revenues
revenue
operating
Non-operating
probable
Sept. ,30, • 1943, and ,$539,059 and -V mortgage bonds, on. Deci; 1,. 1948, leaving $900,000 of said bonds outstailding^ aceqr^ing/to^phirles P. Whitehead, President.
and; the ;nine months /ended. Sept;.
Qtherbhcoine iess sundiAAhcbifte" sdfeductibns/foi^
The diveciors./also- declared a dividend of $2.25 per share on the
nine, months of 1948 includes:
$8.382.636;./representing the excess of -;.1; $6 preferred stock, no; par value, payable Nov. 19 to holders of record
the net proceeds from
Nov. .10, and. a1 further .dividend of $3 per share on the preferred stock,
sales/in the .first s.x pronths of the corporation's k
$3,518 ( 25
6,289,081
3,475,082
Years Ended Aug. 25—
program,
approximately $20,000,000 of
be provided iby other means before the
to
to;finance
Bonds—Declares
the
the third
for
6,747,277
Gulf Public Service Co., Inc.--Earnings—
//
of
GbiiieraFSteel Castings Corp.—To Redeem
:-~z A-/,."•'A** ' ferred
>'
and
24,786,000
:
income-__
railway,.
oper.
Operating
$7,-
ended
the
for
$2,389,782
months
1047.AAA.
30.
received
nine
to
nine
291,298
_
its cash on hand (including
working capital and cash
estimates that, based'upon
use
excess
company
earnings and current expectations of the
construction
its
of
bonds)
new
operations.'■ .The
General Public Utilities Corp.—Weekly Output—:
The;electric output'of this corporation for the week ended Oct.
"
43,976.073
"763,199
has asked the ICC for permission to assume liability
for $2,092,800 of 4Vafirst mortgage bonds of Kansas City, St. Louis
& Chicago RR.
Company is seeking acquisition of the Kansas City
road through a perpetual
leas? of its properly,
The Kansas City road
is to be liquidated and dissolved.—V.
168, p. 1361.
$83,600,000
extent necessary,: it is, proposed to issue additional securities
and- im an' aii)0bW tiot/yet determined.-—V.. 168, p. 1693. •'
203,521,244'
>h.
com.
"Dividends
336,419
nine
317,458,987
shares
period
Common
from
additional
capital
per
1948,
72,426,196
"112,801
'
Gulf Mobile
The
" ;
will, to -the/extent available,
progress
9,696,2359,696,232
the
proceeds of the
cind^bf
117i,159,4.71
549,163
••
$2,007,420
during the years 1948, 1949
construction or acquisition of property additions to
In order to finance such construction program, the
plant..
generated
outstandg.
duir ir;
1947
* $2,209,999
■
$2,938,000
"368,150
33,368,000
"Deficit,.—V.
1948
$44,800
.,
.
of approximately
for
1950
utility
company
176,450,000
255.326,000
,
,
.stock
,i .4 \i;.
,
ry,
1945
$2,947,000
353,948
38,082,000
"
railway____
v
Jan; 1 to Oct. 14
r
-
1947
1948
$48,725 /
on
ht.ocki.__
of
com.
Earn,
Net
,
expenditures
the
Divs.o:.'
.
Net 'from
rooms,
>ill..be; soid,' under competitive bidding.
'
V
The'v filing states'that Georgia has made and contemplates making
61,158,492
97,102.000
Net .income
no.
locker
The, company has-asked SEC permlssibn to issue and sell $12,000,000
mortgage.bonds,- series due 1978, to be dated as ol' Dec. 1, 1948.
*
z!!AAf''1
21,276,614
',,*.
profits taxes;
'comiru n
cafeteria,
t
-1946
$3,747,000
1,339,591
first
and
bom'.:
-of
as
The bopds
24,918,065
.
'
,
13,634,000
equpment
/_' T
Prov. for employees
Aver.
such
1581.
p.
^Georgia Power Co.—To Issue Bonds—
■**
2,350.594
/
■'
;
—'
revenues
/-LVi vTOS, p.41093.
-
A/."A
*■
vly/."/./''..v"-;/* .:;r
783,532 J - 2,330,594
783,532
of
rc.il
plans, &
,
estate,
U.
}"yy-.:A///:. .-'A'.//.'v'
././i;1,
—
SDcprec.
168,
A ,Week End; Oct. 14-
Period—
i-
•
,
110,523,560
134,223,286
•
facilities
and
level,—V.
amort.
promissory
nolts'
'i
38,973.193
46,324,869
cxp.
discount
2\2fji
..second
Operating
mirth trative'
•'
896,567,066 735.859,0.54/.;2,608,133,192 2,102,363,144
oper.chgs/
floor
one
,on
a
'/- Georgia & Florida RR.—Operating Revenues—
940,563,667 3,436,269,132 2,687,519,266
•
•
all
etc.on
from
Gross
1947
$4,792,000
income.978,578
oper.
From Jan. 1—
.
■
ry.
-
•
railway>
railway
from
-Earnings—
1948
from
7
taxes.— '•i'
*
n__—*.
1,489,777
:v.;
/.Net
ppoi'i; revenues-i.$547,500
$488,957
$5,119,867
$4,488,569
Other 'income (net' Dr )_
734
5,152
32,707
39,115
payable Jgn. 2 40 holders of record Dec. 10.
companies * over the carryingvalue'thereof. This amount includes'income of
$7,229,222, representing A: ;/■ Mrj; VYhiteheaci stated that the Certificate of Incorporation of the
Balance
$546,766
$483,805
$5,087,161
$4,449,45*
(he excels of the net proceeds from sale of
the corporation's entire' " corporatlbri
designated the first days of January, Aprils July and - Intel est and amort—
66,516
53,570
756,495
680,644
holdings, l,qO0,C&l /shares; of Nort'.ii American: Aviation. Inc., Vcommon ^ : Octtiber* as / the -payment/ dates of dividends on the corporation's pre¬
"Specia 1 cha rge___
z
132,306
capital stack over the carrying value.
—,/•
These holdings were sold to a. '
ferred stock and that beginning in
1949 any dividends declared on
group ct underwriters in June, 1948 vfor public
the preferred stock wotild.be payable on the dates so specified rather
offering at $12»ii per
'Net
income
$480,250
$430,235
$3,636,503
$4,330,665
share end^tho net .proceeds realized,
than in February, May,,August and November as has been done since
by; the;, corporation amounted to
Preferred dividend
requirements—.
528,000
686,750
$11,739,933.
Th-sp amount also
includes
the corporation resumed payment of dividends on its
an.
income
deduction
of V,
preferred stock
$1,964 334, representing the excess of the
Nov, 15, 1941.*./: • 4...
carrying value over., the net
' ,i ! i.'
' "
.""-/./_ ' '
,■
Applicable to common stock
-—-4 $3,643,915 $3,108,503
proceeds ,1'rom sale of the corporation's. entire
iSo far this, year, dividends of $2.25 each were paid on the $6 pre¬
holdings, 399,990 shares, A
Common shares outstanding—.
of Bend.x Aviation Corp. common
2,182,820
1,909,968
ferred stock on Feb.
capital stock.
These holdings were
16, May 15 and Aug. 20. The stock received a ,
Earnings per share—___n___$1.67
sdld to a group of underwriter:; in
$1.63
■i
total of $6 per share in the; calendar year: 1947.—V. 168, p. 1145.
January, 1948 .for public offering
/; ; \' /
at
$28
pei
sham and the net proceeds realized
'"Representing that portion of premium and expenses on redemption
by the corporation
of bonds jwhich is eauivalent to
amounicd to $10,368,487.'
resulting reduction in Federal income
entire
minority
stockholdings in
•
certain
-
___ _
.
,
.
•
/,•:A'A/■,r"/-AA/://;:;-;//,,,;.'v-v/'///A
.^Including extraord
$9,752,760 for
1943,
and
nine
the
months
ended
NOTE—Net
were
not
where
Regarding
Sept.
30,
does
to
include
United
the
A/A,
1947. ■'
not
States
from
realized
certain
foreign
covrntries
Accordhrglyy.lhe/Committee
SHEET
v' v
Sept. 30, '48
Dec. 31, '47
$
Cash-
:*y.
225,988,076
S.
Govt,
securities, short
term, at cost ; inch amounts
purchased in anticipation of
>
tax
1
-
/
1948,
534,658,843 1
Other
245,797.032
692,889,191
728,284,495
investments
Miscellaneous
cos.
nct.consol.
135 97.7.629
129.458.916
39,452,660
30,743,439
11,334,191
in
Total..
8,702.237
0,332.958
7*22,996,002
9,568,042
63,214,330
63,214,330
204,656,418
194.7t'o,880
foreign income and
profits tuxc-s__"
puyqblp on pfd, stocks;.
>..liabilities
Prov. for employees bonus
249.622,921
3.232,078
foreign
*'5
k:
Pfd.
125.000.000
125,000,000
from
profit
pid.
62,103,144
Q00
(>6.844,589
22.642.527
10,855.962
43,101.833
1,973.414
^
133,564,400
183,564,400
par)____2
>
100,000,000
.441 043.400
441,043,400
'34,350,276
pin
n
purchased
•
in
uisclosed/that
leased
new
rt
^
*
i;
*'*'
•
;
laDHcata
bpcry
parts
for
throughout the country.
*,!
Mr.
new
well
be
Cronin
.plants
as
outbound
obtained
car
said
Oct.
on
26
'i
in
it
or
unit,
will
while.',a
the
site
what .-is
steel
operations.
shipment
is.
the
Sept. 30—
shs.
for
construction
to.
The
Pittsburgh.
known
as- a
approximate
new
to/Various
class
taxes,"
A
the
well
new
situated
The
geographically
steel .to
area
paid in
B
-
share
charges: *
v"
+Also
and
stamping
policy
of
.
after
^Includes
$2.81
dividends.—V.
167,
& Refining
•
s*
be. used
in
site
for
paid in
/
,
Six Months
metals.
V.
to
opened
-" ''-/.a '.
of
/'
:
A
15.
An
total
\
of
■
.>
for.each
to
are*
extra
$4.25
of
in
shall
shares
shares
20
be offered
like
cash
'
*
September,
also
to
at
held.
employees
amount
and
paid
was
'
.
in
50'>
stock
on.
was.
/
have
that
sales
$25,000,000,
of
taken
quite
1947.
stated
of
period
Oct.
1947.
for
declared
the
place in
the
first
nine
approximately
or
He
costs
satisfactory.—V.
22
shares
letter
a
($1
par)
Months Ended
168,
that
of
all
months
lOVo.
greater
considering the
of
1943
than
ill
increases
phases of operations,
earn¬
3361.
p.
of
notification
stock,
common
be
&
•:
v
.
—
and
the
at
$4
,
1948
1947
$247,112
210.009
210,000
_zz_v—
$1.42
Northwestern
abandonment.
miles
■
;
asked
of ^Missouri
i
•
•
$1.13
....
•
Ry.—Seeks to Purchase Road
corporation
55
for
share
$298,369
,
—
/
operate
SEC
per
1028,
p.
Co.—Earnings—
July 31—
Arkansas
new
buy
with
offered
163,
168, p. 1042.
Helena
for
filed
was
to
^___1—--—
profit
'
.
ICC
&
Oct.
for
20
Arkansas Ry.,
authority
slated
now
_
....
.(Walter E.) Heller & Co.—Earnings—
9 Mos. Elided
the -year ;1948
will
amount
to
$1.75
per
share,
year.
the same'
Eird;ed
1948
1947
1946
$613,085
$408,380
$467,689
outstanding—--;—1',
328,441
Earnings per common share./-—$1.44
328,441
328,437
$0.99
$1.06
1481. /'
"After
July';3i^
1948
bper.
exps.
In accordance
1946
$99,432,813 $95,941,410
96,764,445
86,934,964
97,126,300
for
deprec.
and
ainort,
leasehold, am*pr6vements_____,
Interest
as
,
i-income_-V—I.Tl_l'_i—:
Prov.
■
filed
paid,
$5,797,123
$9,006,416
'
53,511
,
38,909
$2,721^,879
731,035
less interest, earned
*
.
31,439
v23,895
3.150,000
62,985
1,837,000
.Net/7._,i!_-i.__'_„___
"$2,961,312
738,000
.
and.'
the
.
Commoni/shares
new
^Computed
*
i
•
;
2,378,708
$1.12
on, , .':'4ast-in-first-out''
prmeip1e
which represents a.;,change ..in the company's
bads :cjf method' u>ed in previous
reports the
been $2,782,305i—V. 168, p. 1431.
.
,
bivtstahding/:_'_^-__
Earnings pej.V/Common .share--—w_
.
$1,201,695
.2,378,708
..
.
*
$0.38
of- -valuing
accounting
net
income
$5,062,607:
2,378,708
,
'
$2.01
inventories
policy.
would
On
have
25
with
four
value,
and
for
an
of
for each
2V2
each
/
168, p.. 1145.
(Inc.)—Amendment Filed—
amendment to the certificate
shares
exchange
(scrip to be
shares
present
of incorporation
preferred stock, of $25 par value, will be
present share of preferred stock, of $100
.
of common stock, of $10
share of common stock, of
issued for fractional
shares),—V.
168,
p.
par
$25
value,
par
in
value
1693,
Holly Sugar Corp—New York Registrar—
The
935,826
in
exchange
$8,967,537
750,745
Oct.
issued
of
Proy^ for Fed.; iqc,: taxes ,(est,)____
i,
$2,668,368
Drl4,813
charges and Federal taxes.—V.
(George W.) Helme Co.
1947
$ 102,938,236
_
nVei'cli;taold ' ahd
Sept. 30—
"Net" profit
Common shares
par
the
Pittsburgh is in line*
decentralization.
Where feasible,
'
excess
This
to
on
$5,811,936
;
three
Nov.
Harrison Wholesale
.$2.37
1361.
p.
shares
through Doyle, O'Connor & Co., Inc,—V.
$418,948
176,493
168,
10%% payable
stockholdes
additional
5,756
share
new
the
Including these payments, the total for 1948 will amount
—V.
/.,
Other, inconre./lessksundry deducts.-
t
,
•
parts
one
674,548
.
v
plants' will
be-shipped
approximately
of
dividend-of
16, 1948.
resolution that
Capital shares outstanding-;——
Earnings per shaye
'■
customers'
/sr?-.
Sales
units" :k/.Total
for
inbound
these
the. fabricated body
plants will
directors
V Costa ol
a
required
plant
will.
assembly
for
basis
255,600
.
.
on
record
Brecht
in
Net
______
refining, charges
the
stock
a
Dec.
by
report
name
6
$11,743,860
subscribe
share.
1947.
end
On
1948
30,
declared
record
provided
30,
1,000
Co.^Earnings—
June
Dividend—Rights to Stock-
Hallicrafters Co., Chicago, 111.—Filing With SEC—
$1.50
$1.57
of
per
1946
______
k
the
1,028,620
preferred
Stock
26
to the directors for the nine
months' period ended
1948, W. A. Ereclit, President, stated that earnings on the
115,121 shares, outstanding, after reserves for taxes and all other re¬
serves, but subject to year-end adjustment,
were $7.30 per
share, as
copipared with $3 4.06 per share on the 59,873 shares
outstanding at
+81,544,181'
1,028,620
$0.54
ajso provided that 1.000
his
Sept.
*yi*(W. T:) /Grant Co. i& Sub.)- -Earnings—
-
Motors
1947
1,028,620
profit
Total
size
the
as
Pointed out that. GM
this/year has
plants
of
the
Buick-OldsmbbUe-Pontiac
General
&
outstanding
'"blanking*'
stamping
Fisher
selected
was
of
Assembly Division
the eastern seaboard, each
of/^them .,being, located near large
markets.
Establishment of the new
plants; in
along
1948
$1,657,249 +$2,887,304
B
also
on
l, last.
ings are
Octv 22 declared an extra dividend of 35 cent? per
share and//the , uspal .quarterly dividend of 35 cents per share on the
..outstanding .cQmqian i^tock/ both payable Dec,. 1 to holders of record
•:> Nov;/5.. An xxt-ra of Jike amount was disbursed on Dec; 1, last
onin
with
Ended
to
holders
which
Subsidiaries)
Oct.
stockholders of
share
$3.50
the
1922.'
The
.
assemble
to
to
>
plans
'
Pittsburgh
Pittsburgh
from
be
coiled
shipments.
."is-mbly planks
Wholly-Owned
to
was
were
Co.—Earnings—
A*&
as
;ii):, 1947.—.V: 168,/p,
V;/'t/qv ^as/iq:.1947-cy:iL68rp.
announced
.
that
because
sub-assemblies
38
one
installation
r
cutting sheet
subsequent stamping
lor
(Including
$1.74
v.''/.'
1948
Cm
-'
directors
per
Mr.
''
.
Pittsburgh; iPa,) area,
of GM and GeneVa 1 Manager of Fisher
war surplus plant at
Ambridge, Pa., has been
for
outstanding
~
31,
(H. W.) Gossard Co.—Declares Extra Dividend—
iv/^p
y,^r-
*'
stamping plant has been acquired southeast,of
^Cbe Ambiidge
planta-ft
shares
Aug.
of the
corporation, other than executives, at $40 per share.
In addition, an ext)*a dividend of 25 cents
per share and the regular
quarterly dividend of 75 cents per share were declared, payable Dec. 1
*
"
Common/shares outstanding
772,589,535
the
a
iroin-the. Navy
1,735.000
Ended
151.
p.
directors von
30
It
••
Fisher Body Division,
s
ts in
1,283,280
(' Earpings,>per. common share_27__*__—
34,850,276
.811.117,7£5
J f1?01"' Vice-President
BcKiy,
.
per
Net
100,000 000
441,043,400
34.850 276
$4,295,834
—
taxes
before: income tgxes_^_
Federal - income ...taxes'
^
anticipation
of
tax
payments.'
of $1,666,311 in 1948
j After
depreciation of $873,417,764 a'tSept.''30;''1948,' $813,514,761'
^3(975,089 at Sept, 30, 1947.
SHeld for bonus
new
.209,913
sales'/I__^_il^/:'_/'-A_____L/;^_-__.r._^/./j;r/.iU_,,___a_^
Profit
v
1,0)8,614.883/
corporation
$4,085,921
"Net'
183,564,400
reserves fcr doubtful receivables
two
403,066
Earnings for the Six Months Ended
1.973,414
100,000,000
A
income
Goldsniith Bros, i Smelting
(out--
/Plans Expansion in
Pennsylvania—*
The
p.
3,606,305
•1,973,414
l^PO®e$^ / .(^47,427, shares /• - in;;: 1.948) -t'/i*'
for
986."
p.
Months
"After
830.275,813,2.4/2.969,228 .2,319,438,348
for
50,356,022
$3,012,554
r;-
lA.ter
$35
—
Months
322,949
Hajoca Corp.- -10%
The
$54,038,877
profit
Earns,
40.564,469
4,735.429
JTotul
reserve
—L_'
Eight
175,509
per
be; entitled
1948
the
$6,508,133
168,
The
—
"Net. profit
1,150,909
6,087,231
amounts
30*.
JUNE
for
outstanding
share _1
holders—
1948,-j-V. 168, p. 1481.
deductions
.../.
9.698,491
1,752,094
1,631,866
shaves)
.'incluuing
delivered
$3,682,855
taxes.--—r
Federal
k. .'• /.l/:, //.
21,575,535
13,945,188'
surplus
E:u*ned surplus
;■.
before
for
No. of class
Capital
;
v
EC,056,£48
($io
othei
on
9
;GO1,314,512
(no
par.) (is¬
outstanding, 1,000,-
Common- stock
ENDED
V-1--2
expenses
-.*,;, <-•
Glenmore Distilleries
74,052,653
•
stock
sued and
MONTHS
stock
par)
stock
—V.
of /com¬
incti________
revenue
—V./1G1,
(in¬
sfcand'ng j,835,644 .sharesiiL
$3.75
Net
169,665,602
opers.__
(no
10,
.
.
shares
Earnings
Subs.)—Earnings—
operaviens./J
income,i less
Net
125,000,000
■
____________
stock
common,
—.——
Frovision
3.232,078
cluding Una warded balances)
to
marketing
operating
Other
157,591,247.
323,601.845
'3,232:079
Res. for employees benefit
plans
Reserves for
deferred
income
Res. for ponting. & inisccll.—
Alloc b e
(&
-a,
ho'ps_______
General
NoV.
on
.
Co.—Earnings—
income
March
176,250,334
167,327,617
Taxes, warranties, and misxeli;
Minority interest, prof,
of
subsidiary company
shares
Net
Capital
1948, in settlement of transactions made* prior to Nov.'8,
accompanied ,by due bills for said stock dividend; and "
Earnines .per.'.sharc
excets
•
the
for
.
1948, said stock
three
_
Profit
2,472.969,238 2,319.438,843
196,767.522
V' 3. 'and
.
each
1042.
Earnings
Net .sales
In
2,830 275,813
payable
2Vapromissory
that* all certificates
Nov. 8,
on
for
,
Other
5.503.160
63,214.330
payrolls, warranties
&
sundry • accrued items..iA_,.
Divq.
j
,
the Exchange on Oct: 22
709,363,830
9.J68.P01
Taxes,
1
stock
common
Alden Coal Co.
LIABILITIES—
Accouncs
of
Balance
4,480,495
748.663.595
V
,v__.
be
Operating .and
39,268,232
11,441,231
treasury
7Real est.,
plants, and equip,
rrepaid exps. & deferred clips.
Goodwill,
patents, etc._i^Jii.
Sales
129,455.425
23,825.462
assets
stock
share
Vf/T .;; EARNINGS FOR *6
•
'277,7413)93
718,383.913
subs.
11,
must
Glen
250,014,914
270,944 488
Inventories
in
after Oct.
376,630.383
f;
stock be quoted "ex"
common
one
168, p.
B American Machine
&
Dec.
p-iyments)
JCominon
•
of
slock .held;
mon
269,867,011
H
'v.'...
/-.//
Securities of
.
on
that such due bills must be redeemed
Accounts receivable, notes receivable, etc."'.-'„2'____-^r_
Invest,
dividend
Sept. 30, "47
;
the
ruled that
•
.ASSETS— //P/v;: 'v't,
;
taxes.—V.
the common stock,
.
each
three
shares ,of. common
stock held, the New York Curb
Exchange has receivtedi. notice that the certificates for the stock dividend r.will tbe mailedvby < the transfer agent
for the corporation on
which
Nbv:h-5/Vi948^^!/^;'.4;/v^:;4"-"
BALANCE
on
for
abroad
exchange-restrictions exist.
CONSOLIDATED
stock dividend
a
$2.50, to. be payable to stockholders of record at the close
of business oh Oct. 11, 1948, at the rate of one share of common stock
/'
protits
the, declaration of
value
par
and
income
remitted
•Gleaner Harvester Corp.—Stock Distribution—
obsolescence of buildings of $3,305,598 and '*;
quarter end the nine months ended Sept. 30,
$9,750 000 for the third quarter and the
'
nary
third
$3,250,000
York
V.
Bankers
Registrar
1482.
Trust
for
Co.,
the
New
York,
common
stock
N.
of
Y.,
has
Holly
been
Sugar
appointed New
Corporation.—
168, p.
Hooker
Electrochemical
Co.
—
Offers Rights to New
Preferred Shares—The company on Oct. 26 offered to
common
stockholders of record at 3.00 p.m. Oct.
its
25, the
right to perchase 50,262 shares of cumulative second pre¬
stock, Series A, $4.50 dividend, at $100 per share
on or before 3.00 p.m. Nov. 9,
1948, on the basis of one
ferred
8
THE
(1800)
share of
preferred, stock for each 16 shares of
new
Illinois Central
com¬
stock held.
Smith, Barney & Co. heads a group of
investment firms which will underwrite the subscription
mon
offer and purchase any unsubscribed shares.
feach
;
$30
such
LISTING—Company has
Railway
the
New
York
Transfer
Bank
of
Stock
-York
.Agent—New
Trust
revenues
oper.
expenses
rents
Net
Income
.
Authorized
bank debt
'•Term
$4.25
cumul.
:
with
50,000 shs.
50,262 shs.
1,500,000shs.
(no pari:
Cumul. second preferred stock, sen A
*2%
stock
($5
unsecured
ments
par)—
——-
due
notes
Dec.
50,262 shs.
$804,204 shs.
required
(subject to
1952
1,
shares
167,540
cumulative
21,464,883
,.*1,208,696
18,246,370
,1,140,933
6,471
J...'76,344
73,149
of
1,309,503
892,899
22,597,235
-.7,757,331
19,314,154
8,109,433
N.
1,858,358
416,604
14,839,904
11,204,721
fxd.
for
issuance
stock,
company
the
prepay¬
Net
second
preferred
1
upon
Net
Oct.
on
asked
21
certificates.
permission
Proceeds
in
AND
York
New
and
that
at
time
incorporated
was
in
will
be
to
issue
used
INCOME
;v
Total
ing
acquired
substantially all of the
property pf The Development and Funding Co., which had been in
active existence since 1903.
Company is engaged in the manufacture
sale
and
of
operation
than
more
involves
the
chemical
different
100
decomposition
of
products.
solution
salt
Fixed
784,939
684,617
171,426
156,062
25,187
$199,903
$168,694
company's
Wide
a
diversified
variety
of
chemical
industries.
products.
The
products
These
also
company
derives,
used
are
In
$9,828,081
6,776,489
■roth the sale and
licensing to others of its electrolytic cells and
licensing of certain other patented processes and equipment
royalty basis.
from
the
UNDERWRITERS—The
the
of
names
underwriters
and
on
$169,990
5,867,112
1,226,651
270,728
289,117
;
-16,912.
the
per-
Inc.
G.
A.
1.990
—
Becker & Co.
Inc.—
1.990
F.
George D. B. Bonbright &
Co.
,___
4.973
Cook & Co._—
1.990
or
1.990
Eastman, Dillon <te Co.—
Store, Forgan & Co.——
4.973
Graham,
1.990
Stone &
.996
Co.——
Corp.
Gamiin
Parsons
4.973
Co.
&
Lunt
&
Harriman
Ripley
<fe
Co.,
Inc.—
Inc.———
Co.
&
4.973
Spencer
4.973
Union
Hornblower
4.973
&
Co
STATEMENT
OF
Trask
&
Securities
Yarnall
.996
Nov.
In
sales,
less
1.990
share
Co._
&
.996
Cable
Total
Cost
of
—
1946
expenses
Net
12,323,874
and
1945
Excess
for
-V.
10,021,123
2,372,093
term
386,769
328,143
$3,676,675
$2 819,840
Dec.
10
holders
to
Net
822
1,011,150
455~600
tax—.'113,850
2,678,100
•'1
•
'•.
Pacific
as
(50c
of
P.
167," p.
—,y
Cr75,000
■
$2,184,529
$1,694,018
&
Telegraph
International
of
Corp.
pari
J.
Flaherty.
1923.
be
Underwriter,
J,'-
?; ;*
_
due June
1,
Is
as
named
the
Oct.,
on
$5,000
5%
Corp.—Arranges Loan—
construction
through bond
.v,"
underwriter.
used
filed
20
fund
letter
a
!0-year
sales, it
been
for
the
The
in
six
with
has
years,
past
and
of
associated
20
the
and
for
The
debentures
corporate
Prov.
will
be
offered
168,
Net
Other
1948—Month—1947
for
with
Oct.
18,
Federal
charges
to
1946
He
joined
period
years.
Cable
at
par
and
1043.
p.
191,776
inc.
Net
of
Com¬
has
of
also
In
2,400
299,490
3,056,703
2,031,634
2,630,994
1,756,016
175,453
$558,050
10,099
2,146
$6,138,991
84,540
$671,919
$560,196
$6,223,531
Balance
168,
82,265'
121,048
$550,871
—
to
preferred
slock
for
$4,597,020
"/J
46,912
$4,643,932
1,302,269
1,027,753
$477,931 ' $4,921,262
period
389,588
Radio
period___'___
SEC
$4,531,674
389,588
$3,226,591'
of
1456.
p.
•
he -had
series
A
ment
in
accrued
series
A
and
full
the
or
first
series
B,
the
of
interest
to
and
due
of. series
with
reports
Jan.
1,
in
and
advances
manufacturers.—V.
New
1,
amount
of
such
bonds
'
108,941
181,568
$0.40
'
Oct. 29.
22,
Oct.
dis¬
corporation
in
168,
p.
1583.
:
registration
five
with
statements
participating
certificates
tha
certificates,
of
aa
participation;
0?
and
participation;
participation.—V.
shares' or
600,000
168.
series
S-4
cer¬
1482. s
p.
(& Subs.)—Earnings—
1948—9 Mos.—1947
Period End. Sept. 30—
1948—1? Mos —1947
$4,669,938
$3,763,663
revenues..—
$3,600,752
$2,331,456
expenses——-
2,491,346
1,909,074
3,308,613
2,514,579
275,306
224,547-
368,074
301,527
184,290
182,090
245,564
240,971
31,263
63,215
31; 140
343,313
507,612
' 451,367
*
Depreciation
>
Prov.:
for
come''
Other
settle¬
■
.
filed
company
Maintenance
$0.77
$59,625 -after -renegotiation
;
"
;
dealers
to
the
for
166, p. 2311.-
__L_-—^—
Federal
'
in-
65,106
taxes—
'281,854
taxes——2_
*
,
1/ -
v.
f
rt ".
'.i.- vv'
.■ ■
'
$202,850
income
$141,169
$176,860
$204,079
5,202
*
11,238
7,449
$188,098
$211,528
-
$146,371
1
■
York,
together
with
r
purchase
>
N.
convertible
6%
168, p.
1694.
'
•••
J
'
'
'•
•
■*-'
*
v
'i'
hi'
of
>
no t
1948
1947
$10,537,875
$9,012,216
5.647,186
"
4,522,814
713,984
762,945
-1,109,409
"I
595,540
'
revenues
I
;_
series
A
;•
' 155,782 "p'
157,033
*
'
,
r r$95,996
ia $32;316 "y
$29,904
•
$54,495
'547.''
Common Dividend Increased—
Koppers Co.i Inc.-
"
;
:.compa.n'y'announced on Get. 25 a quarterly dividend of 50 cents
pel* share on the common stock, payable Jan. 2 to holders of record
< 5: Dec. 17, 1948; This compares with 40 cents per share previously paid
*.1946 ...
VeaCh quarter.:—V. 167, pp. 2789 and 1471.
*
"
$7_569,247
consolidated" herein).
"
12 Months Ended Sept; 30—
Operating
'
'■ ■'
Net' incomeZ?t^__;___
i--V: 168, p.
automobiles
,
'
—
3,455,818
433.400
-
r?;:57'Ll26 feiV Langendurf United. Bakeries, Inc.—Annual Report—
I .695,895 ; v- Despite the substantial capital-expenditures niada during the year,
.Vw
Prov.
for
estim.
Fed.
income- and?
the netvworking capital as of* Jpne 26, 1948, -airioonting to $1,498,373,
excess
profits taxes_^_^_
showed an increase of $2,017 as compared with-the close, of the pre¬
589,795' Ss.i ,67.8,077 y;.. 360.301
ceding fiscal 'year. To reimburse-th« treasury for some of, the capital
Net earnings from operations-..
$1,714,556"*,, $1,730,804 $2,646,707
expenditures?made, the company sold one of the properties; of Barbara
Other
income
(net)*^---^.^-,.-,,.
.-20,965.30,423-. V,* 29,194
Ann';Baking C0:,v to The Equitable Life -Assurance Society of the
for
depreciation
other than Fed,-income
taxes-
.
661,375
823,606
-i
.
,i.
'
—
.
•
United
Gross
income
special
Interest
Net
and
other
',$1,735,520 ^.$1,7.61,227^ $2,075,901
(net)__
661,725 >VV 561,926
1,086,730
on
stocks
pfd.
159,381...
,
>
.
159,380^
•
$989,171,
289,560
$914,413.$1,039,921
-
168, p.
,
v';
Period End. Sept. 30—•
revenues..—
$.615,676
mainten.
353,657
&
taxes
for
37,975
...
taxes
,
Net
.4
$520,392 --'$6,833,972
.
'
$6,065,700
' 4,055,594
3,327,186
304,060
..
31,500
59,134
*
80,284
retirements-
44,000
oper.
Other
Delaware—EamingSr-1 I:
1948—-Month—1947: c' nl948—12 Mos.—1947
oper.
earnings-
income
—.
\
'
44,000
5
$99.76C
$81,698
'
1
,
' 360,825
.
.-•'-842,745
-
•"
528,000
-
437,075
'V 695,847
'522,000
$1,047,008
$1,083,592
21,770
29,754
'
1,658
2,244
- -
Net
earnings
Interest
&
other
——___
deduc.
$101,418'
Net
$83,942
-'$'1,068,778
$1,113,346
557,197
"
48.923
•
,44,136
7'
560,996
income
Earned
—V.
$52,495
per,.share'
common
168,
stock
p.
1C94.
•
$39;806 •-,$5Q7,782 >'
aSsets
current
curr'ent
of
the
liabilities
preceding
tion
$699,611
1582.
Iowa Southern Utilities Co. of
Total
The
to
as
Life
Assurance
2.35
Balance
-V.
for' $300,000.-,The
States
$556,148
of
$1.55
,
vA
was
leased
then
by
the
as
to
defined
1
a
in
fiscal
the
1.85
June
year.
to
1,
26,
as
1948 amounted to $3,256,331,
The ratio of current, assets
against.1.74 to 1'at the clo£e
However, for the purpose of computa¬
loan agreements with The. Equitable
ratio1 was 2.59-to-1, 'as compared with
long-term
Society,
year
of
totaled $1;757,964.
was
the
earlier.
.
-
'vThe plan of reclassification of the present class A'-stock and class.B
stock into preferred and common stock was approved by the holders
of more than two-thirds of the class A stock and a majority of the
B'•stock
class
at
the special
meeting
held
on
Sept., 10,
1948, for
purpose of considering the plan, The company has filed an
with
the
Commissioner of Corporations of
the State of
for
permit
a
stocks
mon
the
application
California
authorizing tfie^ issuance of the mew preferred and com¬
accordance with
the plan of • reclassifications .and
a
in
hearing on the application was held on Sept. <.30.
The plan provides
that'the holders of class A stock will receive one share of -new $1.80
cumulative
preferred stock, par value,$25, and two-fifths of .a-share
stock; par: value $1,-in exchange-for each share of
stock, and the holders of . each share of , class-B iStock will
receive iyvo shares* of;the new common stock. *•
v.,-rf
of
new '.'common
class
■
A
the issuance of the permit by the Commissioner of Corpora¬
stockholders will be. given 3o days' notice-before the 'plan has
effective and will receive instructions for the mailing
and delivery- of the old class A; and class B stock certificates to the
transfer-agents to be exchanged for new preferred and common stock.
tions;
been
$1.42
property
Langepdorf company>from Equitable, under a 30*year agreement. Thiseliminated" the need for > additional financing.,
• '•
-..."
while current liabilities
$1,073,795/;$1;199,301^/
____;
—
accrued
".•••vt'.-V
deducting-;
deducts.
L
income
Dividends
before
charges
Upon
bonds,
B, due Jan. 1, 1949, were accordingly suspended from deal¬
the New York Curb Exchange at the opening of business on
1948.—V.
'r',
;
^ V
*'
The
be surrendered for pavment at the
Y., or at the City National Bank &
mortgage
"
-•11,6,467
_ _,
_
The
(Subsidiary company
.v..v
Prov.
may
series
on
the
series E-4 certificates of participation; 100,000 shares
certificates of participation; 15,000 shares of series 6-1
K-i
of
Operating
Operating
$30,424
Iowa Public Service Co.
:
Other
mortgage convertible 6% bonds,
1949, may at any time obtain pay¬
1949, the maturity date of said bonds.
the series B bonds
Irving Trust Co.,
ings
for
him.—V.
five different series of
shares
of
series B-3
Kings County Lighting Co.
.
■
t
refunding
principal
Jan.
Trust Co. of Chicago. 111.
The first and refunding
and
Philadelphia,
at
appointed
200,000
certificates
'
Oper. .exps.
1482.
Hygrade Food Products Corp.—Payment of Bonds—
of
■
25,000 shares of
$139,365
-181,568
adjustment
reserve
165,
McGranery,
P.
whom
quarterly
22
covering
follows:
organized in Missouri in 1917, - is engaged principally
the discounting of installment hotes in connection with the Sale of <> 'i sV
Income
Holders
debtor
,
i
w$72,769,
r'
file
to
On "Oct.
$3,616,179
the
_
p.
V
ters With SEC—
served
Mackay
•
;*72,769.,
/.
James
trustees
company,
Taxes
2,400
$661,820
Income
income
to
Keystone Custodian Funds, Inc., Boston, Mass.—Regis¬
vJuly 16,'48
July 18,'47
$5,257,765- Not Stated
outstanding
share_______.
per
Provision
-.j' '
200
185,439
revenue
applic.
-V.
\"
1948—12 Mos. 1947
342,434
tax_
Income deductions
Diys.
-
200
income—net
Gross
1155,846
charges
'
communications
'.
Operation
$2,235,170 $26,807,429 $23,060,734
746,027
10,165,892
9,284,979
'288,494
3,204,405
2,875,374
167,456
2,207,404
1,913,951
285,630
_.
taxes
oper.
tNet
credits,
and
July 31, Iy48. ;
October, 1946, and restored the company's property and business to
private ownership. Judge McGranery, however, directed the company's
Telegraph
the:, company
and
Co.
Judge
charged
t
The
the
limited-term
Fed.
to
$1,917,769
Trustees Discharged—Company Takes Over—
Pacific
been: Vibe-President
;
automobiles
1
908,762
investments—
other
943.
p.
July 31.'48
"4,204
debtor"estate
"Before
estate
V
of. notification
purposes.—V.
$2,570,061
t
Depreciation
All
.'.
revenues—electric
Operation L„—
Maintenance
of
eventually
may
stated.—V. 168,
$422,986
officials
cable
intervening
the
Commercial
Maintenance
electric
which
was•
July 31,'48
__
'
serial
Houston Lighting & Power
Co.—Earnings—
Ambrt.
of
part
program,
stock
or
Interstate Securities Co., Kansas City, Mo,—Sells- $2,*9,107 «;•'
Nwioperating inc. (net)
000,000 Notes Privately—The company has borrowed $2,^
-sVv"v. -,vv ;
000,000 from the Mutual Life Insurance Co. of New York 'y, "J f Gross incom^—-v—
$2li;957
on 3V8%
Deductions
from
gross
promissory notes due from 1950 to 1954, it was
ihq'ome';
1_ '1 -i—1
vj'" 115,961 ;
announced Oct. 26.
;
1948
10,
debentures, series C,
Mohawk Valley Investing Co., Inc.,
Clinton, N. Y.,
Period End. Sept. 30—
Oper.
Cleve¬
Co.,
of
Operating
trustee, 11 Broad
to the close of business Nov.
up
sinking
1958.
proceeds
&
Oct. 26 arranged with a group of banks for a
$40,000,000, all or any part of which will be available
1950.- The financing will fnake possible the Initiation of a
*
'
interest.—V. 166, p. 1788.
Company
for
McDonald
:
Oct. 18,'46
Household Service, Inc.—Files With SEC—
The
*
corporation
credit
I.-:,.-'
from
SEC
; -
sold
3 Mos. End.
$1,063,286
proposals for the sale to It of an amount of first mortgage
fund bonds due Oct. 1,. 1950, sufficient to exhaust the
$174,999, now held in the sinking fund, at prices not exceeding
accrued
sub¬
a
Financial
filed with the SEC covering'
on behalf of executors
was
to
common,
new
New
—
Commercial
Telephone
profit
"Includes
sinking
par and
94,651,968
for
account
Friedlander,
Period—
'
President
income
Earnings
>
1693.
The Chase National Bank of the
City of New York,
of
•'
'*
"
Street, New York, N. Y., will
sum
$
168, p. 1362.
•
'4%
to
M.
*
Oct. 4,'47
V
■'*''»
Kellett Aircraft Corp.—Earnings—
.•'.V;f
/
elected
of
than
Treasurer,
Surplus
for
Capital
shares
1
Hotel St. George Corp.—Tenders—
receive
J.
of
y
39,611
1,452,535
$2,307,929
continued
said
registration statement
a
estate
through
of 5%',
issuable Jan. 28, 1949,
to stockholders of record Jan. 7,
$4,271,986
45,205
•
S
10,180,296 114,736,566
increase,"
be financed
~
Gross
282,901
,
1,415,000
^
12,134,158
merchandise
of
the
Oct. 9, '48
'V'j $ '■ '■
quarterly cash dividend
International Textbook Co. (& Subs.)—Earnings—
$3,989,085
—__
of
$70,000,000
.
Dividends
(net)
27
shares
The
.
2,127,389
$2,491,697
surtax
;
tonnage
Jones & Lr ughlin Steel
^
Telegraph Co. '
V;''.-:. •!«
'• ■
■<*'■ >: '
The Commercial* Pacific Cable Co.
presently operates cables between
the
United
States, the Hawaiian Islands, Midway, Guam and... the
Philippines, with connections, to Hongkong, .Dutch East Indie^ and
French Indo-China.—V, 168,
pp. 1255 and 848.
.4.
12,958,922
2,768,017
$3,768,134
and
p.
been
has
more
&
$14,884,913 $19,075,396
14,128,741
320,814
income
168,
Telephone
who
for
ment.—V".
Net
usual
payable
washer
40 Weeks Ended
Oct. 4,'47
'
"1
dividend
practicable,
associate
Comptroller
as
292,490
$3,289,906
renegotiation
refund
as
the
stock,
28 Weeks Ended—
profits
Prov.
333,235
2,298,454
Other deductions
tax
stock
a
has
an
Elynn,
mercial
$3,447,320
—_
income
Normal
Oct.
the
of
a
capital
^
portion
tificates
income—
Total
$438,009
>
*'»
sales
125,000
admin,
profit—
Other
564,930
$18,069,648 $20,186,664
—
sales
gen.
—4 Weeks Ended—
■
of
Flynn
business
Cells, misc. equip, and
Selling,
On
s
:■ .t;
automatic
an
1694.
Johnson Bronze Co.—Stock Registered—
*
i
67.64
holders
Co.,
1925
v
68.95
$479,961
Corp.
1947
529,572
and
manufacture
p.
was
to
Frank
dis¬
services
I
$51,478
declared
26
the
President of Affiliate—\
4.973
counts, etc.:''
:-p '|'y •
'■
Chemical
products
$17,540,076 $19,621,734 $14,551,678 $18,782,906
-
23,
each
paid
Mr.
Gross
filed
19
Oct.
International
1.990
Co.—
Corp,
Years Ended Nov. 30
Aug. 31,'48
$870,531
66.17
the three preceding
quarters, a cash distribution of
made, while on Feb. 6, 1948, a stock dividend of 75%'.
of record Jan. 23,
1948.< Four regular quarterly
cash payments of $1.50 each were made
during 1947.—V. 168, p. 1362.
INCOME
9 Mos. End.
$121,173;-. $1,060,835
;-v;"
on
not
168,
Vice-President.—V.
Corp., Charlottesville, Va.—Files With
thereafter
soon
per
1.990
Dean Witter & Co
Janney
417,898
66.11
Oct.
on
announced on Oct. 26.
will
„.
land.—v.
on
share
•
,
4.973
Hemphill, Noyes & Co
& Weeks
416,673
•;••.
per
as
was
1.990
Webster Securities
Stroud
Ihc.
$1
$1
Schoellkopf, Hutton &
Pomeroy,
47,441
$54,678
Service
directors
1949.
Northwest
Paciiic
.996
—
The
Moseley & Co.——
S.
Newhard,
_
*
Jacobs
and
"Increased
International Business Machines Corp.—5% in Stock—
record
Beane
15,255
..
of
&
f*
stantial
168, p. 1362.
4.973
Fenner
v
for account
York, trustee, 45 Wall St., New York,"
Crosley name.—V.
the
Retail
letter.of notification with the SEC
for
$150,000
bonds.
Underwriter,
City Mortgage
Insurance
Co.*.
Proceeds will be used
to retire outstanding first mortgage
bonds, to
pay bank loans and for genera) corporate purposes.
•
•'
centage of unsubscribed stock to be taken by each are as follows:
Percentage
Percentage
Smith, Barney & Co
15.443
Kidder, Peabody & Co.___
4.973
R, W. Pressprich & Co._:
7.960
Lee Higginson Corp.—w—
4.973
Robert W. Baird' & Co.,
Merrill Lynch, Pierce,
next,
distributors, Mr. Jacobs said that negotia¬
Crosley Corp. for the manufacture" by F. L. Jacobs of an
washing machine to be distributed by • Crosley, have been
with
.
12yxZl
13,990
_______
company
New
1,
3%%' bonds, series A,1
Payment will be made at the
and interest.
of
Dec.
on
mortgage
Jewel Tea Co., Inc.—Sales Advance Continues—
>.
$1,491,498$1,303,684
46,006
depreciation
The
first
Launderall
to
letter
a
$1,291,223
.
1,376
$154,867
SEC—
Co.
of
647.
p.
i
plans for the further expansion of Launderall automatic wash¬
sales and service are now being put into operation, Rex.
under
1,540
._
a
.
$8,674,103
1,306,278
-v
1,296
$202,414
deductions
Inland
;
Trust
168,
automatic
'
■
by
income
some
—V.
$19,000
Oct. 9,'48
income
"Incl.
of
will be used for working capital.
machine
tions
$1,474,586
2.511
Operating ratio
common. The shares
each
at $25 pet; unik
($1 pari
share
one •
Proceeds
1977, ;at 101%
1,
States
terminated
31,114
charges
Net
basic
Its
electrolytic
in
cells resulting in the production of chlorine, caustic soda and hydrogen.
These basic products are then processed and sold or are combined or
reacted with many other materials resulting in the production of the
fund,
Jacobs, President,
connection
1948—9 Mos.—1947
$1,034,560
income
Miscell.
Dec.
Y.—V.
C.
$1,000,01)
in
ACCOUNT
1948—Month—1947
Other income
1909
of
units
.
(F. L.) Jacobs Co.—Not to Manufacture Crosley Wash¬
'
HISTORY
the.sinking
New
costing $1,281,750.
$1,187,382
income.
oper.
ICC
cars
payable.,
ry.
in
The company has called for redemption
United
purchase of 300 box
rents
stock and 250,000 shares
offeree
underwriting.
ing Machine—
Period End. Sept. 39—
credit agree¬
$In addition
conversion
of
the
20 filed a registration statement with the
shares of 80c dividend seiries (no par) c.tmula-
Oct.
on
250,000
Jacksonville Terminal Co.—Partial Redemption—
J
due
series A.
BUSINESS—The
reserved
are
'*
;
Railway oper, revenues
'Railway oper. exps
Railway tax accruals
commencing Doc. 1, 1950) issued under loan and
t200,000 shares authorized, issuable in series.
ment.
1,184,286
131,688
COMPARATIVE
tCumulative preferred stock
Common
2,543,210'
853,958
company
be
to
are
without
1694.
p.
covering
t'ive preferred
_—2,712,316
equipment-trust
50,000 shs.
par)-
(no
2,274,873"'
:
Illinois Terminal RR.—To Issue Equipments—''
Outstanding
$3,000,000
$3,000,000
—
preferred stock
2,527,049'
income
The
PRESENT FINANCING
GIVING EFFECT TO
CAPITALIZATION,
239,445;
9,789
for
y \f'■.yy*':y
The ■.'■company,
SEC
America,- N. Y. City—Registers With
of
Corp.
v'-
SEC—
i,v ^' **"% " ' ' 11
«•/
•
195,056
avail,
168,
1948—9 Mos.—1947
''-J»
*
Israel
\
\
'•
.
19.415
charges
-V.
$'
<
be
will
proceeds
<
_
charges
added to the cash funds of
the company to be expended
from time to time for such corporate
purposes as the board of directors may determine.
net
PURPOSE—The
v
.19,502,872; 197,077,403 177 151 029
16,792,573.,.. 16,020,079 149,443,013 134342'785
2,778,459 - 2,059,062 y- 23,894,634
22,'018 664
•
* " 'i
'.
' *'
•'"'•■•
deductions
Fixed
•'**
Monday, November 1, 1948
22,117,496
income
oper.
income
Miscel.
Net
$
'
(net Dr)„
ry.
Other
Registrar—Chase National
\
Co.
York.
New
oper,
Railway tax accruals
Equipment & joint fac.
for listing the shares on
application
made
Exchange.
1948—Month—1947
*
price to
conversion
;
RR.—Earnings—
Sept. 30—
Railway
'
prior to Dec. 1.
stock of the company
common
share,
Period End.
f
convertible
is
into
per
'
4
1958, unless previously,,
at the conversion price
be subject to adjustment.
Redeemable at'the option of the company at any time in whole, or
frOm time to time in part, upon not less than 30 days' notice, at $103
per shaie and divs. if redeemed on or before Ncv. 30, 1951, the re¬
demption price decreasing thereafter.
Dividends accrue on the shares
noW offered from Oct.
27, 1948, and are payable on the last days
of March, June, Sept. and Dec. in each year.
share
redeemed,
of
COMMERCIAL : &" FINANCIAL- CHRONICLE
declared
.
OIUIHC" XUU
V
I1UH1WV.1
■
Tt • "XT
xjlxjlj
1
CONSOLIDATED
INCOME
ACCOUNT
Prided—»
■52 Weeks
Cost of
goods sold,
istrative
selling,
general and
—A-—-
expenses
J..'
gs,,,taking
should
tJune 26,'48 June 28.'47
i_ $34,234,008 $27,693,815
Sales, less returns and allowances.".—JL
32,125,628
523,107
-
Other
operations
sale
on
of
income
*
credits,
income
Interest
:
satisfy
25,790,529
352,365'
:____—_
$1,556,921
$1,585,332
.
estate...^
___'
38,884
net
lent
75,520
93,044
$1,649,965
79,797
___________
expense
45,259
—
the
Provision
Prov.
for
.for
Federal
Federal
loss
income
income
flour
on
taxes_________
$1,619,939
taxes...
purchase
exejrci.se
set
138,
plan
up
Federal
of
said
claims
that
before
'•
1482.
p..
■ -
found
be
the
standards
failing
creditors
secured
not
receive
as
of
applic.
Fed,
income
•CONSOLIDATED
Net
-
in
any
______}
Net
621,361*1,
186,000
Consolidated
i
on
class
A
on
class
B
$806,939
EARNINGS,
MONTHS ENDED
12
class
per
"Earnings
A
share
B
222,000
per
9,375,448
*
3i732]a3G
'
_'
--
payment
class
of
$9.96
$5.49
$7.08
:
.-.
dividends.
A
tThe
1948, by
transfer of its net assets to
-all
of
the
during the
tions are
outstanding
entire
included with
statement
of
Barbara
as
parent company, in
stock.
The
subsidiary
those of
Ann
Baking
Co.,
Ltd.r prior
hand'and
on
receivable
to
$56,676;
depreciation
in
ment
of
rental
JUNE 26,
demand
allowance
$19,500,
1948
deposits
for
losses
market),
or
See
business,
$34,295;' goodwill,
current
liabilities
for
on
by
flour
for
$-1,336,439;
$1;
of
of
expenses.—V.
the
Co.
(Italy)—Bondholders'
class
class
and
B,
no
A,
of
other
X after
Adriatic Electric
Co.
and
assets
..
above—V.
3 51,
3400.
p.
arrearages
dividend
a
of $1
share
per
168,
1256.
p.
•
the
3.-,
j, 19^7,s
Dec.
on
to
$5
Nov.
share with $1
oper.
Railway
oper.
Net
Sept. 30—
1948
profit after income taxes—_
^Earnings per common share
1946*
Other
Value, payable Dec.
par
1
1948—Month—1947
dividends
p.
Oct.
1947
1948
$767,283
$573,687
$6,502,930
$4,567,580
210.000
156,700
1,879,920
101,245
712,591
720,714
$487,024
$315,742
103,008
$3,910,419
1,034,713
$2,615,666
136,272
Dr)
17,055
10,767
150,713
74,940
income.
$333,697
$201,967
$2,724,993
'$1,763,591
be
income
Dr)
(net
168,
this
cf
machine
$5,093,571
$3,240,752
$2,569,350
8559,768
950,780
950.780
950,780
950.780
$5.36
$3.41
$2.70
$0.59
had
turing' Co.
65
with
V.
—Suggests Delaying Maturities of $129,708,000 in Bonds
Until 1969—
bonds
hold
until
back
recommended
25
1994.
maturities
any
maturities
with
)969.
until
tervals
Oec.
on
readjustment plan of the
debt
a
He
rejected
iliat body that
it
and its subsidiaries,
of outstanding
let
Joy,
out
of
in
the
with
conference
affected
reported
with
at five-year in-*
domination of the Lehigh;
representatives
securities
favorable
and
Examiner
V.
J.
the
in
Walsh
Lehigh
suggested
system
holders
of
discussed
with
The plan
of large
other
,
maturity
bear
date
interest
approval
the
of
following
471,
Harold
to
be
modified
%,
$14,711,000
outstanding,
are
contingent
bear
and
interest
F,
earnings.
follows:
as
$39,057,000
to
A
en
at
4%.
to
be
extended
to
mud
in
The
outstanding
$12,000,000
The
IN
new
SHARES
$6,076,748
of
of
that
direction
Pennsylvania
dominated
hf
'7
As,
to
Lehigh
was
at
issue'
bonds
5%,
of
to
$20,697,000
bonds
power
He
Lehigh
20
will
be
the
capital
barite
by
Detroit
the
in
firm,
automobile
the
number
of
cars
for
the
loan
has
been
elected
will
be
and
director
a
of
He
this
staff
of
engineers
in
the
the
of
plan
RR.
perpetual
had
would
have
as
been
each
in
g.n
rejected
Commcice
case
in
earned
July l, 1948,
effect in that
claims
its
fixed
charges
Joint
by
intervening
claims
under
that
to
a
trusteeship
that
the
the
stock
Wabash
lodging
the
of
RR
voting
trustee.
the
which
newly enacted section of the Interstate
plan was filed
was
unconstitutional
the
1,500,003
______
3,861
3,861
13,113
term
13,1^3
$7,647,482
.
pit.
$392,439
$425,606
$7,794,280
'4,017
5,088
46,322
64,623
$430,694
$7,840,602
$7,712,110
$396,456
other
de¬
81,897
95,742
1,133,773
1,440,020
$314,469
$334,952
$6,706,829'
957,534
$6,279,081
957,534
$5,749,295
$5,321,547
_
1045.
he
for
retirement
of
current
well drilling.
The
furnishing a complete
company
be
Toronto.
first
the
writing
resumed
company
for
new
in
time
15
also
has
"
The
and
1948—9 Mos.—1947
1,817,047
Rr4,246
Drl38,777
Dr290,498
Z>r4,6G3
Dr2U0,826
$1,890,645
Johnston
Cost
has
11,183
102,911
Pan
American
Accountant
Rubert
to
join
A. Evans
&
Wray Porter,
Oct.
on
•N.-J.—V; 168,
101,317
$105,305
$1,993,556
104,244
935,288
938,460
$1,061" $1,058,268
$679,193
$25,775
from
inc. from
$1,617,653
103,906
etc.
26
Prov.-
•Net
No.
temperature
counties.
schedules
U.
Gettysburg
gas
gauges,
regulators,
valves,
equipment.—V.,167,
Heat Co.—To
Gettysburg
are
Commission
Gas .Corp.
distribution
to
Gas
Treas¬
shares already
p.
include
will
contemplated.—V.
be
166,
has
taxes
shares
15,373.192
3.574,312
114,385.751
314,285
314.285
942.857
942,857
5,140,000
21,665,000
13,515,000
and
to
portions
1685.
cost
except
provision
months
ended
in
$5.01
for
not
$12.19
depreciation because of
deductible
for
income
quarter
Sept.
$3.05
$8.92
of sales, selling and general expenses and all
those shown separately in above table,
tin-
replacements,
$2,500,000
$6,802,840 $27,201,435 $19,903,655
2,230,342
2,230,317
2,230,842
2,230,817
f
ended
Sept.
194'8.—V.
30,
30,
168,
p.
1948,
increased
tax
and
cost
of
its
Adams
as
in
746.
National Shares Corp.—Quarterly Report—
lifting
2134.
This
net
assets
market
corporation,. formerly National Eond & Share Corp., reports
on Sept.
30, 1948, amounted to $9,530,039, taking securities
value and after deducting a dividend of 15 cents per share
payable
Oct. 15, 1948.
This is equivalent to $26.47 per share on the
360,000 shares of outstanding capital -stock and compares with net asset
value' per
company
No
territory
and
changes
1947.
of
Franklin ;
in
rate
of
purposes
$6,500,000
share
of
$28.62
on
June
30,
1948,
and
$27.23
on
Dec.
'
enlarge
dissolved.
p.
deducting
7,918,17*2
011
outstdg..
expenses,
property
Acquire. Gettys¬
the
1948—9 Mos.—1947
:-iV"
■.
$25,607,877 $15,831,437 $64,195,043 $42,279,684
profit---:--—--- $11,175,400'
eludes -special
at
authorized
Subs.)—Earnings—
&
opers.
int. & divs,_
Fed.
'"After
9
(&
8.745.000
for
of
other
will r.ot receive any of the proceeds of the sale.
The
since its organization in 1905, has been a
quality manufac¬
acauire
n'atural
Assistant
—
1948—3 Mos.—1947
v
Net profit per shar.e-_._-_
burg Gas—
to
of
Assistant to Robert S. Waters, President, died
the age of 60 in his home at South Orange,
at
P.rov. ' for
depreciation
and
depletion. _a_—_
Int., bond disc't & exps.
r
fblloWs:
P.
position
1484. :."'
p.
Period Encl. Sept, 30—
"Profit
^
^Pennsylvania
the
Chief
Accountant in September, 1946,
for five years, leaving the pest
National.—V. 168, p. 1585.
as
Airways
Co., Inc.,
National Steel Corp.
$129,681
and
assumed
joining National
with
suddenly
$1,516,336
.
moving devices and other industrial
The
in
has
Dr254,720
$94,122
; Manufacturers Light &
-
early
company
Winnipeg. The
168, p. 1256.
National Radiator Co.—Obituary—
$19,946,933 $17,209,370
15,728,665
13,330,769
11,281
pressure
Montreal.—V.
constitute new financing but represents
outstanding.—V. 168, p. 48.
company
of
the
and
Secondary Offering—
Atlanta, announced Oct.
22 that they have sold a block of
17,000 shares of common
stock (par $1) of the corporation.
This stock does not
Manning, Maxwell & Moore, Inc.—Secondary Offering
aggregate of 32,920 shares of outstanding common
stock (par $12.50) was offered
publicly October 26 by
an
underwriting group headed by Hornblower & Weeks
and Clark, Dodge & Co.
The stock, priced at $16 per
share, was acquired through private purchase by mem¬
company,
in
Canada
in
then
Vancouver
National Linen Service Corp.
mud
1,928,020
Dr28,852
F.
Before
Clement
—An
turer
Since
in
unit
collection
a
business
new
years.
managiilg .agencies
offering of 25,000 shares oi common stock (par $10)
made Oct. 28 by F. S. Moseley & Co., at $31%
per
share.
Dealers' discount, 75 cents,—V. 168, p. 2791.
1483.
p.
.
ary
also
drilling
146,125
income
168.
;
was
field.
Crl7,548
interest,
■
bank
147,317
ren's
.yS:•'V.:'.V'•
•
j National Biscuit Co.—Secondary Offering—A second¬
to net working capital.
Arkansas in 1940, mines and pre¬
distributes chemical supplies, clays,
1,549.699
; Gross income
Net
,
today (Nov. 1) will establish a new managing agency
Canada, which will serve the Province of Ontario, and
located
in the
Bunk of Montreal
Building, 50 King Street,
was
erf
additions
$1,798,855
income
Rentals,
'
*'/..-
'
The agents in the
Securities Corp. and
1,749,550
facility rents-:
,jV'./TV
.
National Airlines, Inc.—Official Promoted—
stock
subject
1,500,000
(net)
p.
company
10-year
a
on
$2,026,571
i
Other
stock¬
always had
through direct and indirect ownership of
and that the readjustment plan invested
control in the Pennsylvania.
1,960,70^
125,000
company
created
$118,400
devised
affairs
held
'168,
The
bers of the group.
erroneous
of
independent
Act,
of
by the Lehigh management under
directors that had been elected
by the
interveners said the Pennsylvania
The
votmg
as
was
board
a
interest
3,498,333
2,323,400
125,000
income.
Walter
,
in
3,843,899
•
1948—Month—1947
;
revenues.-
^
at
259,926
applic. to preferred stock for the'period--
West,
RR.—Earnings Up in September—
expenses
Equipment
1948—12 Mos.—1947
208,506
(net)__4_
and
i
$1,483,242 $21,507,704 $20,120,475
464,204
6,029,151
5,496.077'
Toronto,
will
retired*
Oct. 22.
used
in
drilling
Period End. Sept. 30—
Taxes
dollar equivalent will
Incorporated, 23 Wall
262,209
income
The
in
1364,
Equitable
incorporated
Maine Central
Operating
Co.,
&
1790.
aging Agency in Toronto—
announced
operators
Operating-
•
Mutual Life Insurance Co. of N. Y,—-To Establish Man¬
produced.'—
•
v
168, p.
additions
a
to
1(38,
<
revenues___
Balance
—V.
said this type , of
industry since 1930
mud anil
similar products used in oil
and
will
exploration,
property in¬
______
income
Divs.
Superintendent of radio production of
appointed Production Manager of the com¬
Frank Freimann, Executive Vice-President, an¬
was
maintains
be
years.
described
*
depl.
utility
adjusts.
oper.
Net
special Lustron speci¬
completed roof trusses
to
out
their
or
Morgan
p.
637,794
income
this, the examiner said the record showed
Valley RR., owned by the Pennsylvania and
in
$90,000
Manufac¬
&
PLANNED
bond
to^ $3,756,514,
said,
the
Lehigh
the
virtually
J ear
he
three
examiner
holders
.
a
time,
but
The
the
If the reduction in fixed
years.
all
the
for
Welding
formerly
were
of
expenses '
proceeds
field
been
service
Under the plan,
the authorized 1.600,000 shares of common stock
(par, $80),. 1,210,034 outstanding, will be changed to shares without,
and 287,016 unissued shares will be issued to holders of the
general consolidated bonds, four shares for each
$1,000 of the bonds.
The examiner said
Lehigh Valley had not earned its fixed charges
period
built
turn
the
of
increase
division,
22.—V,
corporation,
pares
July
par,,
from
contract
a
the Mutual Life Insurance Co. of New York
f.or
other
The
for
195,480
ductions
urer.
—V.
20
has
note, it
shares.
and
1948—Month—1947
approp.
Interest
home-building
Magnet. Cove Barium Corp. —Borrows $1,000,000 Pri¬
vately—The corporation has borrowed $1,000,000 from
inclusive.
CHANGE
in
will
Used
Mollison
Detrick,
radio
Proceeds
'
series
said
francs
P.
$1,612,922
of
Gross
as
■
been
nounced, on Oct.
are
Lehitl) Valley Terminal RR. first
mortgage/5# gold bonds, $9,572,000
outstanding, due.cn Oct.. 1, 1951, to be extended to Oct. 1, 1979.
Lehigh & Lake Frio RR. first mortgage V/'i'k gold bonds, $3,000,000
outstanding, due on March 1, 1957, to be extended to March 17 1994.
'Lehigh Valiey RR. general consolidated mortgage gold bonds, $71,714.000 of which are outstanding, due
May 1, 2003, to be modified
only by having 25% of the present interest rates declared
fixed, and
4 Vs
the
to
new
described
subsidiary Great Lakes Chemical Corp.
Force in September.—V. 168, p. 1364.
a
which
of
75%
pany's
of
sold, the net proceeds
after deducting under¬
estimated
30.2%.
of
"
.
its
company,
The
1974.
1,
one
machine,
President
James
M.
terms
Co.—Earnings—
taxes
acquis:
•
(The) Magnavox Co.—New Production Manager—
loans,
on April 1, 1949, to be extended to April l, 1959.
$3,919,000 at 5%, $1,435,000 at 4 >/27a and $2,914,000
total of $8,263,000 to be modified.
Valley Ry. 4Vn'fr. first mortgage gold bonds, due on July 1,
or
Lehigh
1950.
and
machine
J.
166,
revenues
Amortiz.
1947
modifi¬
securities:
April, 1989, and made redeemable, $10,062,000 to
6%, and $2,533,000 at 412ft.
Pennsylvania & New York Canal & RR. consolidated
of
'Outstanding
at
ended
37,710,000
bonds, due
mortgage
.
week
French
of
Y.—V.
*
this
underwriter
the
with
V;
are
the
the
the
to
'
$198,750,
of
of
Vj-
investments
Rowles, Winston & Co.
SUGGESTED
of
at
Maturities
welding
MUlti-Hydromatic
and
'
15th Air
transaction
Lehigh Valley RR. consolidated mortgage annuity bonds, $12,600,000
outstanding, with no maturity date and not redeemable, to be given
a
Gen.
the
4%
large
reactions.
MODIFICATIONS
cations
the
in
office
the
Amortiz. of limited
thereafter
ot
bonds, abrou't $32,500,000 of them maturing by'Oct. >1, 1951.
amounts
'1147,
p.
the
The
great
and
the
holders,
168,
Brig
The
walked
resulting
a
from
system
was
Payment
at
Other taxes
corporation on Oct. 27..
President,
to
feet-long
daily,
t o
company
$129,708,000
spaced
claims
to
company
oi
Pennsylvania liR. '
;
plan for a revamping •of : outstanding securities of the Lehigh
was
filed under -the sc-calied Mali.iffie Act, which permits
voluntary adjustment of railroad securities, with the consent of 757<0
of
their
holders, - so that railroads may avoid bankruptcy or re¬
ceivership.
The Lehigh plan was filed
when the system was confronted with
the maturity over the next eight
years
of about $45,000,000 of its.
by
for
compared with
year,
an
increase
last
world
58
P.
given
accordance
obligations
.
.;\.:,-..*v-:'
Operatittg'expenses l_-_
McClanahan Oil Co.—Elects New Director—
examiner
ICC
will
at
This
shares
(Campagnie des Chemins de Fer du Midi),
York, N.
Operating
777,135
as
high-speed
the
Detroit.
is
homes
Richard
2790.
in
been
of
fications,
for
Lehigh Valley RR.—ICC Examiner Proposes Debt Plan
An
option
v_
Montana Power
Net
Announced' by this
Strandluud,
Welding machine had
that,
kwh.,
week
type,
new
a
largest
was
G.
for
shares being offered
Period End. Aug. 31—
(Ky.)—Weekly Output—
(Kentucky)
company
totaled .49,115,000
of
the
of
Car)
&
share
approve
"
Co.).
New
Other
"one
com.
p.
the
and
sold.
140,000
exercisable, not less
a
period of 5 years
company,
1948,
include
totalling
are
wells, acquiring new leases and other oil
working capital and other general corporate purposes.—V.
Prop, retlrmt. and
corresponding
1694.
p.
and
*1,107,400 shs. '
offered
new
made
St.,
1363.
the
industry"
outstanding
167',
21,
company's
•
1695. ';
Rys.
taxes
1948,
;23,
—V.
1945
Earned
—V.
options
the
distribution
and
meet
/Lustroii Corp.;—Orders Big Machine-r-
Com. shares
per
now
estimated
are
Co.
Outstandingr
3,000,000 shs.
to
Oct.
the
certain
on
Oil
Okla.
to
net
it
drilling
1,231,200
70,259
$1,394,398 $15,207,416 $11,909,425*
ry.
accruals.
output
for
944.
1946
well
a
Continental
was
business
have
been
drawn
for
redemption on
Dec.
1,
next,
Frs. i
4,900,000 of 4% bonds,. foreign series, due Dec.
1, 1960, at par, by
the Societe Nationale des Chemins de Fer Francais (French National-
7,341,845
(net
p.
kwh.
Lehigh Portland Cement Co.—Earnings12 Mos. End. Sept. 30—
now
There
8,704,486
oper,
ry.
168,
New
City.
—Partial Redemption-—
$3.40
168,
drill
to
the
oil
is
securities
all
effect
after
does
nor
to
Federal
Net
—V.
2,856,287
paid.—V.
the
of
Company
.'
share
per
issuance
used
p.
1948—9 Mos.—1947
820,711
Joint fac. rents
$21,647,604
$3.75
speculation)
at 30 cents
CAPITALIZATION
if
give
company
terests,
^
1,052,402
operating
rents
•
-
-
expenses
from
tax
Purc'nase
taxes
not
months
drilling
to '
$1,819,685
income
ry.
Equip,
-
3,151,807
10£)
phases
intends
with
County,
10c)
outstanding
30c
13
the
be
Arkansas Ry.—-Earnings—
operations
Electric
1947
3,576,528
$4.27
preferred
chgs.
and
Garvin
.
■
reserve
Net
aft.
(par
does
the
of
revenues
revenue
Federal
share
per
•
(par
writing ^discounts and commissions and
account
011
•
.
Sept. 30—
Railway
Hemphill,
—
$40,187,892 $29,800,119
profit
stock
Midi RR. Co.
Period End.
Ry.
Net sales.
Net
Tenn.
in
purchase 475,000 shares of stock in
underwriting agreement.
to
of $1.60 per share
no
Louisville Gas & Electric Co,
of
Corp.
PURPOSE—If all
.
••
Secondary Offering
per
'•
Louisiana &
,
value), $2 cumulative, and
$2,318,963; earned surplus,
par
dividend
a
the $4 class A stock,
on
1256.
p.
$881.1)4;'-
.expenses.
p.2210,
.
arrangement
Oil
thereafter;
the
on
record
168,
invest¬
Lees & Sons Co.—Earnings—
deduction
County,
under Ian
at
than
selling, group commission.
"After
139,
stock
.
.
deferred
1
.
accrued
value,
(par $5) at $15.25
9 Months Ended
above—V.
common
.
amount
holders of record Nov. 12, This compares with 80 cents paid 011 June 1,
last; $1.85 011 Dec. 1, 1947, and 45 cents on June 1, 1947.—V.
allowance
$4,373,588;
Noyes & Co. and Graham, Parsons & Co., on Oct. 18 ef¬
fected a secondary distribution of 53,109 shares of com¬
(James)
Co.
purpose of engaging in all
exploration for .oil and gas.
Clay
"Amount
The directors have declared
and
no
par
total; $7,770,580.—V.
stock
in
Crown
Common
Commit¬
Long-Bell Lumber "Corp. (Md.)—$1.60 Dividend—
$693,054;.
banks,
.equipment
$7,770,580.
claims
pending
shares of
of
well
the
tha
3169. 1
p.
Electric
be
will
165,
for
properties
•
interest*
Proceeds
par value capital stock, payable Dec.
1 to holders of
This compares with 50 cents paid on June 1, last; $1.20
and 30 cents on June 1, 1947.—V. 168, p. 1256.
,
$47,849),' $759,051;
$4,112,163),
$49,683;
total,
payable
Lea Fabrics, Inc.—
mon
Electric
The directors have deelared
>
•
']
•
.
in
plus
expenses), $21,214; reserve
purchase commitments, $106,000; capital stock (repre¬
98,700
shares
110,000
corporate
for
SEC
Long-Bell Lumber Co.—Declares $1 Dividend—
provision for Federal income taxes, $627,000; dividends payable July 15,
1948, $104,830"; notes payable to insurance company, $2,295,000; reserve
for
workmen's compensation self-insurance (less $58,000 included in
sented
general
Inc.
the
2-year
stock
$1,687,659;
and
amortization
affiliated
an
plant,
property,
and
LIABILITIES—Accounts
loss
and
Lobe,
Underwriter,
with
6%
to
(Italy)—Bondholders' Com-
Authorized
prepaid expenses,
principaly insurance and tuxes, $116,572; cash surrender value of life
charges,
operating
filed
$30,000
Co.
'
(after
(at.lower of cost
insurance,
notes.
>vas
and
stock
common
tee Formed—
its
annual
an
BALANCE SHEET,
ASSETS—'•Cash-
for
for
notification
of
pari
promissory
operated,
its opera¬
the parent company in the consolidated
30-year lease of the premises at
insurance, taxes, and maintenance.
inventories
letter
a
(5i.
Iova
and
including
income,
a
accounts
used
21
shares
Lombard
liquidation sold land
and buildings, occupied by one plant in Los Angeles,
'Calif., for $300,000
at a gain of $38,884. Langehdorf United
Bakeries, Inc. then executed
•
Oct.
exchange
corporation' and
separate
a
•
*
of June 26,
as
the
capital
fiscal year
i"
of
$700,000
agents, Registrar and Transfer Co. • 2 Rector St.,
Registrar and Transfer Co., 15 Exchange Place, Jersey
'; The ; corporation, incorporated in Delaware Sept. 8,
1948,
York
$4.59
a
.'6n
90,600
wholly-owped
company's
subsidiary, Barbara Ann Baking Co., Ltd., Was liquidated
for
1583.
p.
'.
x-—
State
from
•Transfer
1,200,000
share—
of
stock
:
.
950,000 shares of
per share.
•
$5,643,212
—
outstanding—
common
Secretary
capital
Mid-Eastern Oil Corp.—Common Stock Offered—E. M.
North Co.,'Inc.,.New York, is
offering (as a
formed
bearing
"After
j
Livingston Mines, Inc., Seattle, Wash.—Files With SEC
199,800
S8.18
shares
class
per
1948
6,
':
—
shares
197,447;
stock
Earnings
See Adriatic
117,187,484
taxes—
Electric
Riittee Formed—
■
AUG.
the
See
.
$983,345::'
—197,400
stock—
dividends
on Oct.
24 notified
increasing its authorized
also V. 168, p. 1584.
is
Meri'dionale
pro)it
Common
hicome_____-_____________
net
dividends
Cash
said.
he
_
Earnings
—V. 168,
Publishing Co.—Increases Capital Stock—
company
it
$7,000,000.
/
.taxes
,
Cash
to
equiva- -
interests might participate
equity
that
$1,604,706
627,000
thereon)____
The
ICC
way
fairer
a
sales
Piofit before income
commitments
tax
Meredith
com¬
for
'
(net
9
-ICC
the
under
power
administrative
proper*
should
requirement
their
of
Income
before
an
which
compensation,- and
Lerne.r Stores Corp. (& Subs.)—Earnings— v
"
income
was
just
*
—,
$1,699,736
it
The
...
..
Total
real
,'ind
clause
merce
—v.
Profit from
,
L.nn.UlML.Ljil!
.
admin¬
Deprec. and limortiz. of leasehold.improvements
Gain
property ..without
guidance;
:
iLNriiVCXflix
1"
(X *
■
1
.
,
2
■
the
31,
'
:.In computing
hsis been made
corporation
the
net
asset
for-Federal
has
elected
values,
income
to
be
the
tax
taxed
report
011
states,
unrealized
under
the
110
allowance
appreciation
Internal
as
Revenue
10
Code
will
as
"regulated
a
be
relieved
the extent
which
in
of
Federal
income
that such profits
tax
on
v
,
the
of
follows:
corporation
Sept.
on
Electric
distributed to stockholders in the year
are
30
COMPARATIVE
9 Mos. End. Sep. 30—
Taxable
div.
Interest
on
Total
1946
$270,340
1,053
3,746
12,555
11,344
9,262
$292,967
$289,910
$283,348
$264,777
bonds
Directors'
fees,
Red
of
24,375
26,832
3,203
3,206
3,734
2,873
'-.v-v/p-'V v'.
-
income
Surplus
Shs.
for
taxed
$254,900
The
162,000
162,000
as
$97,359
$97,875
$92,900
giving effect to
Federal
taxes
360,000
$0.72
360,000
$0.71
results
regulated investment
a
security transactions.
of
the
as
corporation
+No
elected
has
as
compared
at
Sept.
with
cost
1948,
30,
was
at
Dec.
31,
BALANCE SHEET,
1947,
19467
reflect
Transfer
HISTORY
AND
thereafter, the
1948,
value
had
income,
value
municipal
taxes
$1,061,186
more
income tax
of
securities
owned
after deducting
194S
unrealized
cn
lhan
cost.
based
amount
an
appreciation,
No
deduction
made
for
for
without
non-theatrical
films
titles)
imately
tions,
was
168, p. 1484.
sound.
sold
by
as
concerts,
the
films
available
are
in
Spanish sound
The
Agent
Inc.
The
The
capital
"District
stock,
par
1947.
On
18,
Court
properties
^accorded
of
the
the
cf
the
been
suspended
pursuant
Utah,
sold
were
in
has
1948,
Central
at
of
assets
at
to
all
U.
of
price
a
its
dealings
the
Division,
public sale
company's
from
order
to
S.
the
color.
An
company
•
For
of
the
week
15,935.215
ended
kwh.
stockholders.
22,
(N.
Y.i,
largely
reports
electric
Gas
of
output
is
the
for
increase
an
139,305,000
ft.
cu,
Oct.
of
22
week
43,614.000
year
for
the
reported at 182,919,000 cu. ft.
ft., or 31.31%: above production
corresponding week
a
ago.—V
year
35c
168
properties
The
directors
share
per
and
payable Dec.
were
year
50
Oct,
on
to
holders
follows:
as
$1
of
March
10,
50
cents;
June
10,
cents.
In
1947.
the
company
5Q; cents ;pn-Sept. 10, $1
The
company
paid
on
announces
and-Eroperties-of
cents
50
Dec?'10. find
.publication
Non-ferrous
March
on
10,
and
Sept.
pamphlet
a
Parts."—-V.
Orleans
Public
Service,
p.
1365.
and
10,
The
award
sale
of
of
Oct.
101,56513
26
These
$10,000,000
went
for
Three other
sale.
the
to
Lehman
3V4%
a
bids,
first
.
the
uo.
Brothers
Halsey,
public
Oct.
and
314 %
a
Stuart
associates
28,-at
market conditions the
to
associates
cumul.
102Vs
Co.
were
Inc.,
Securities
were
to
coupon,
&
Corp.
expected to
yield
received
100.2746;
3.14%
and
reoffer
to
at
the
the
1,
1958.—V. 168. p.
outstanding stock
of
Library Films,
which
of
handled
is
YEARS
ENDED SEPT.
N
from
of
Net
Profit
17,857
77,394
sale
preferred
the
of
TO
stock
S5)
(par
stock
to
be
offered
definitive bonds
49,000 shs.
449,000 shs.
$238,000)
will
at
V.
of
names
Chairman,
Katz,
Roy
and
the
officers
President
Director;
be
used
Secretary
and
directors
and
Director;
and
Jerome
H.
Director,
FOR SALE OF STOCK—The
be
to
have*-entered'
into «'an
offered
the
to
public
INCOME—EIGHT
OF
and
sales
for
all
at
are
payable Nov.
a
year-end
to
dividend
25
of
65
45th
West
Dared®wiufSi minfqdi°talAdivic,fnds ,in 1948 to
16
last -V. 16?p 956.
* *
8° CGntS
on
at
$6
MONTHS
of
$8)
ENDED
——____:
MAY
25,
1948
$884,594
the
151,378
——•—
current income—
on
53,317
$77,394
—
p.
recent
share,
of
notified
1,723
1257).—V.
or
that
SEC
the
shares
common
were
removed
from
1485.
p.
-
-
registration
;
(see
21, the directors declared
ordinary
above.—V.
167,
p.
2471.
Profit
Net
before
profit
after
taxes__._U_:.„:
887
"N5fc Profit #er)com. sh! (plf* & B)VNOTE-r-Increased selling " prices were
year.
As a result of
and salaries were
increased effective1
2 429816
Sept. 6, '47
$*4 67§298
tfifiS'lSS
'
put
Aug. 1 of. this
576
'
into
•
general
$6.59
efFert
nn
negotiation? iitff«S?inS?wages
Sept. 1,
1948.—v.-168,
shares, payable Dee.
dividend of 3sl 9d. per share on
a
10
to
holders
of
record
Nov.
19,
of
p. 1696.
such
r,-i,"
Bank
now
of
Farmers
prepared
Trust
to
Co.,
deliver
William
22
definitive
due Dec.
temporary bonds of
1,
that
1980
first
against
issue.—V.
168.
•/
has asked the SEC for permission to borrow
$3,500,000
&
Trust
Interest
..;,
1948
20,004
mortgage
building
$51,139;
prepaid
total, $1,215,219.
gold
and
equipment
insurance,
(book
$2,035;
*
S828;
mortgage
accrued
capital
surplus,
stock
$32,976;
$8,453;
expenses,
bonds, $22,592;
$2,662;
tenants'
(less
total,
Chemical
Bank
and
&
$1,159,109;
S3,936;
expenses,
20-year
taxes,
$3,713;
accrued
deposits,
165
shares
general
S650;
on
income
treasury
stock
mort¬
aefcrued
interest
gen¬
interest
$942),
at
$1,216,219.
be
will
presentation
upon
the
at
2Va%
of
payment
bonds
value),
prepaid
i
,
mortgage—3%, $189,032;
$903,700; accrued real estate
bonds,
$3,014
jBHEET, AS AT AUG. 31, 1948
LIABILITIES—First
taxes—other,
4.0,667
$7,454
^
7,963
40,666
general mortgage bonds
cash,
17,561
5,828
CONDENSED BALANCE
$51,614;
85,160
taxes
first
on
on
reserve,
$154,365
92,666
Net credited to surplus for year
gage
1947
$166,617
—
expenses
Mortgage Bonds—
made
Trust
Co.,
the
on
surrender
of
general
gold
mortgage
clue
coupon
Nov.
1948
1,
165
Broadway, New York. N. Y.
A distribution of 2%
was
made on May 1, last,
bringing the total in
1948 to $45 per $1,000 bond, the same as
paid in 1947.—V. 156, p. 963.
Peabody Coal Co.—To List Its Stocks
The
Big Board—
on
is making application to the N. Y. Stock Exchange for
5% convertible prior preferred and common shares, it
company
listing
of
its
announced
22.—V.
Oct.
on
168,
1486.
p.
Pennsylvania Power & Light Co.
Preferred
—
issue of Oct; 25
our
Shares
group of
a
banking firms headed by Drexel & Co. and
Corp. offered to the public Oct. 21' at
share and accrued dividends 63,000 shares of
4.60% preferred stock ($100 par). Further details follow:
$100
per
exercise
is obtained with
the
assistance
of
the
In
stock
the
4.60%
expiration of subscription rights the company may make
offering or offerings of, or otherwise sell, shares of common
After
the
public
stock.
In
the
event-of
a
p.ublic, of feeing the managers-4 have agreed t0
but have not mane any
'
"*'■ '*!
their best
efforts ,"to (.ell '"such* stock,
commitment-'to'purchase stock.
\
use
t,' '
made application for
the Philadelphia Stock
on
opinion
series
in
Thos.
of
preferred
•
■JK--
.J.,,
jr.,
,
I
«->
t:
'>%•
be
will
purchased
the
4.60%
series
pre¬
Exchange.
for
counsel
the
legal investment
the exercise of the
for
a
in
Esq.,
for
counsel
the
company,
trust
degree
the
of
company,
4.60%>
mills
purposes
scries preferred stock
will be exempt from the existing
Pennsylvania State personal property tax imposed for county
and from the existing personal property taxes imposed in
the
school
the
City
districts
of
Philadelphia, Scranton
and
Pittsburgh
and
by
of Pittsburgh.
PURPOSE—Net
proceeds will be added to the general funds of the
amount equivalent to such net proceeds, together with
An
funds
the
of
Such
will
company,
proceeds
cash
and
will,
to
be
together
be
generated
The
the
estimates
company
that
$36,000,000 in
program,
stock,
from
to
to
to
the
present
as
retained
and
provide
the
the
for
cash
earn¬
company's
$100,000,000
construc¬
proceeds from
raised
be
well
as
reserves
to
complete
addition
preferred stock will have
new
company's construction
proceeds from the recent
the
is estimated, be sufficient
construction expenditures well into 1949.
tion
for
used
with
common
it
from
the
the sale of
issuance and
of securities.,
Tbetoalance, it is expected, will be obtained from
treasury funds, cash generated from reserves and retained earnings" and
from o.ther internal-' sources.
The company is not now able to state
when
the additional financing will be undertaken or the nature or
amount
thereof except that it is contemplated that additional'
ftebt
securities will be issued in late 1948 or in 1949, sufficient in amount
sale
provide, for
presently
the
construction
outstanding
CONSTRUCTION
the
into
well
program
$16,788,000
of
in
1950
and
to
refund
the major.-"portion
notes,
balance
PROGRAM—Company
late
of
' ( v;---
1950.
estimates
that
the
ov.er,
four
years 1948 to
1951, inclusive, its construction expenditures wjll
in the neighborhood of $100,000,000.
Of this amount, $48,000,000 is
the estimated cost during this period of the installation of
the.t.hree
be
generating
totaling
units
kw.
250,000
at
the
generating
station, and of connecting this
system.
The balance of $52,000,000
pany's
additions
the
load
to
and
replacements
demands
of
electric
of
customers
and
to
Sunbury
is
SunbUry
is located
miles
south
respect
to
of
the
the
Sunbury
electric
adjoining
systems
of
minous
coal
west
fields.
on
gas
facilities
cost
a
of
the
259-acre
conduct
station
:
under construc¬
Susquehanna River
site,
development,
companies
now
strategically
about
and
both
incorporate
the
anthracite
modern
The initial installation of
the
middle
and
of
four
\
150,000
to
base
a
•'
kilowatts, expected to be in service
-4949,'. includes
400,000
the
bitu¬
and
features
provide high reliability and high efficiency and wijl-operate as
station, resulting in substantial savings in operating costs.
about
with
with
load
generators
two
located
interconnections
will
of
to'meet
efficient
more
generating station
bank
system
The
electric
th'e'fcom-
estimated
:
steam electric
on
to
the
and
enable
steam
station
new
the company's operations'.
The
tion
"
Iff
listing
Perkins,
stock
Pennsylvania, if
.
•
J.
judgment and care required by law.
In the opinion of Thos. J. Perkins,
of
managers.
J.
Funkhouser, President, director and an affiliate of the com¬
has agreed to purchase from the company, at $2.55 a share,
such number of shares as may be necessary to make the proceeds to
the
company
derived from the offering to stockholders (and any
subsequent offering), and from his purchase, aggregate not less than
$300,000, exclusive of expenses.
a
has
Company
ferred
which mature late in 1949 and
pany,
-t
t;'
City
is
National Bank
estate
Interest
is
company
•
i
Real
to
_
"v
!,
Operating
resources
fo|r each share of common stock held. Rights expire Oct. 30.
.The offering is not underwritten.
Q. F. Cassell & Co. Inc. and Gearhart
Co., as managers, have agreed to use their best efforts to
obtain the exercise of subscription, rights and the company has agreed
to
pay, the managers a commission at the rate of 25c a share with
respect to all shares issued on the exercise of subscription rights when
R.
12 Wks. End. -—36 Weeks
Ended—
SAPM' '48 SePfc- 4> '48
income" taxesII'IlZI^
li431 576 f g 943 816
the
Y.,
offering of additional shares of
offering to the holders] of its common stock of
record Oct. 7, the right to subscribe at $2.80 a share for an aggregate
of 278,318 shares of common stock, at rate o'f two shares of such stock
,
Corp.—Earnings-
>
35,000 shs.
600.000 shs.
Place-Dodge Corp.—Annual Statement-—
program.
O'Sullivan Rubber Corp.—Stock Offered—
The
its
'
N.
cancellation
company
company.
-
Co.—Proposed Consolidation—
Investment Co. of Illinois
1485.
p.
.SSSrstf&ttFJSms 2^%
thfs'disSLtion!Lv^«8,e,".eiS7. St0Ck hCld b'v Xonh Amerto»
"
to
the
noiamgs
sales
v
.
Park
also
WaS disbUrsed °n
#,■*.
Net
that
Years Ended Aug. 31—
Income
4
283,990
offering were sold to common stockholders
for a total cash consideration of $7,809,725.
shares
168,
Subscription—
the
issued under the terms of the deposit
agreement, dated
1946.1 After deduction of the South -African 'nonresident'share¬
the net distribution will amount to 69% cents per share.
A
similar distribution was made on Sept. 9, last, as compared with
46 V* cents each on March 10 and June
10, 1948.
Dividends paid in
the calendar year 1947 aggregated $1.11 per American share.—-V, 168,
on
North American
Rayon
150,000 shs,
600,000 shs.
Co.
The purpose of the borrowing
for part of the company's construction
program.
The money
would
be loaned on 2%%
promissory notes maturing Aug. 15, 1949.
Payment would be made from cash obtained
through later permanent
financing.—V. 168, p.*158G.
2,714
holder's tax,
per
thehNewmYmnk 5S./dFiSev the
t
i
•
Mellon
599,790
O'okiep Copper Co., Ltd.—Distribution of 69% Cents—
North American Co.—To
SelPLast of Pacific Gas Stk.
holdingsofPacificV
oi Pacnic Ga.,
par)__^_^__w
par)—
The First Boston
unit.
?
has
the
per
balance
On Oct.
com-
S1EC h intends to sel1 for cash
£ fn common 2,5(53 . shares of
& Electiic Co. remaini»8
stock.
($20
275 000
600,000
pay
agreement
___
Federal and State taxes
for
per
—
company
168,
;
'
The
ings,
These
s2-25 Per share,
($1
and
from
was
'Underwriting
television
expenses
expense
See American
and
cents
Stock
York,
is
and its .con¬
company
June 24,
cents per share
of record Nov. 1.
holders
New
1586.
other
-End-Div.-
dividend of 20'
15
$400,000
275,000
Pacific Power & Light Co.—Seeks Loan—
T.
Treasurer
American shares
'iu^e directors have declared
ide regu.ar quarterly
capital stock both
p.
as
Phineas
Harris,
;—
Ohio Finance
!
Manufacturing Co.—650
Outstanding
and other general corporate purposes.
sales___
$27.50
The
1683 p aJ®3^ankers Trust Co- 16 Wall Street, New
Newmarket
of
1,
note, due Dec. 30, 1949
Nov. 1, 1948 to Dec.
announced
surrender
the
series
on
to July
ser.
refunding mortgage bonds, series Q, 2?'«%
A
Outstanding
profit for period—-
The
Equip. Bids
bonds,
for
is
and
OFFERING
50,000 shs.
(estimated
and
working
EFFECT TO THIS OFFERING
Interest Payment on General
500,000 shs.
proceeds
for
Pacific Gas & Electric Co.—Definitive
Bonds—
It
*$297
securities
PRESENT
Co.
aggregate
company
168, p. 1366.
Street,
/,
GIVING EFFECT
net
pfd.
cum.
eral
the
cn
the
of
.4."
1948.
requirements
Ohio Edison Co.—Stock
due
1696.
UP
be exchanged
5%
for
600,000
due
Common stock
—V.
an
Inc.,
note
Trust
for
the
bo
also
O'Sullivan
Irving
notes
to
1948
funds
1696.
In!
i
Y —V
Co..
3Va%
not
may
unsecured
$500,000
ASSETS—Land,
Net
Income
53,317
Katz,
stock,
Provision
New York Telephone
Co.—Definitive Bonds Ready—
outstanding temporary refunding
mortgage 234%
oftl wf
Trust
advnncecl
or
which
3Vi%
Authorized
bonds, due
notes,
27,
25
Taxes on
Income Taxes
The
York
&
the
own
funds
of
the
,
,
unsecured
3 Vz %
exclusively
bonds
but
p.
3Va%
All
130,7)1
Vice-President
Operating
to "oon (EST) for the purchase of
equipment trust
certificates, to mature in 20 equal
instalments, beginning on June 1, 1949, and
ending on
semi-annual
Dec.
receive bicls
the
of
(par'10c)
STATEMENT
Cost
Harriman
maturity
Bank
notes
SECURITIES, GIVING
,
1st mtge.
avail¬
made available
$6,415
preferred
Director;
(pal:
*^^SS?pSny wUl
$4,600,000 serial
being
Kidder,
offering has been withheld.—V. 108,
New York Chicago & St. Louis
RR.--Asks
films is
*$297
dividend
Aaron
Income
up
bid
a
the
owns
(popular
also
are
...
put
on
some
Authorized
Interest
Peabody & Co., 100.179; and Union
Ripley & Co., Inc. (jointlyi, 100.16.
Lehman
and
bonds
of
Offered—As mentioned in
coupon.
each naming
were:
Brothers
30-year
part
investment
Inc.—$10,000,000 Bonds
mortgage
but
classifica¬
subjects.
24,272
trolling": stockholders
Sold—Public Offering Held Up Due to Market
Conditions
for
general
soundies
adventure
white
tEight months ended May 25,
annual
common
New
and
of
about
currently
three1 minues to approx¬
many
comedies,
and
is
Street, New York City,
on Dec. 24.
"Applications
on'
168,
CAPITAL
4%
with
records.
on
884,425
Bluerock,
10,
June
on
both
company
750,284
ARRANGEMENTS
$1
the
$526,546
follows:
year-end16f $T.50
a
Of
Powder
$1;
black
EARNINGS,
MANAGEMENT—The
a
special dividend of 50 cents
share on the common stock, both
Nov. 19.
Previous payments this
per
record
available
are
Profit Before
working capital
Special Dividend—
declared,
27
dividend .of
a
10
National
was
but
there
into
religious
distribution
the
AND
PURPOSE—The
New Jersey Zinc Co.—50-Cent
retire
the
company,
Wachrvia
Bank
$600,000, representing
capital purposes.
Jersey
and
since
is
silent
about
fall
musicals,
Sales
Common stock
1696.
p.
now
required
—
50%
CAPITALIZATION,
is
cu.
titles
and
in
film
is
which
(of
outstanding upon the completion
herein will be $17,150..
4 54%
ago.
This
York
which
SALES
The
output
a
common
to
film
of
"Loss.
Association—Output—
this Association
This is an increase of
692,076 kwh., or
15,243,139 kwh. lor the corresponding week
above production of
■:
Oct.
to
of
be
tracks.
owns
11948
New England Gas & Electric
>
business
mm.
film
increasing number
Period—
which
1358.
p.
part,
and
by the company.
The operations of Library Films, Inc. and of Virgo
Films, Inc., respectively, are currently on a satisfactory basis.
Co.—Properties Sold—
$1,
4.
District
company
participation
no
—V.;166,
for
this
value
Oct.
to
has certain rights to about 1,200 titles which it
rental film libraries.
The company also owns 50% of
outstanding stock of Virgo Films, Inc. (N. J.), which owns a num¬
sells
ber
since Sept.
bids
share of
one
corporation
time from
sports,
cartoons
able
Manufacturers Trust Co., New York, N. Y., has been
appointed
transfer agent for the capital stock,
par $5.—V. 167, p. 2470.
National Tunnel & Mines
with
film synchronized with sound
These
news,
16
mm.
company
hour.
half
York
The
8
nnn.
in running
range
one
the
with
>■
in
Hamilton
<
film
movie
New
use.
The
library of 8
such
music),
of
the
of
name
non-theatrical
up a
300
Federal
National Transit Pump & Machine Co.—Transfer
bidding,
1696.
p.
BUSINESS—Company
was
organized in Delaware
incorporation it acquired the film library and
New York corporation
(Official Films, Inc.) which
a
the
in
The
and
which
168,
Upon
of
and
quotations
for State
$9,262,642,
been
this unrealized appreciation.*—V.
on
$14,400
was
has
market
on
of
been
building
i
%
NOTE—The
1945.
film
$1,-
021,900; less profit and loss on securities sold and dividends paid from
security profits, Pr$2,078,337; total, $8,530,354.
a,t Sept. 30,
competitive
through
of
debentures
stock
$275,000,
1938. Shortly
changed.
The company is engaged primarily in the sale of 8 mm. and 16 mm.
$54,000; reserve for
(outstanding, 360,000
surplus
sale
16.—V.
Agents—Registrar and Transfer Co., New
fixtures, $1; total, $8,530,354.
15,
bonds,
of
financing
affiliate
an
City.
assets
$5,025,291;
of ;Y
stock at $6 per unit.
$485,266.
Other
par
term
registration statement for the issue,
15, 1948, will
be amended within the next
change.
As previously announced, the issue
share of preferred stock and
5,
'Oct.
the
The
the
for
Nov.
on
Sept.
payable
of
shares
1955
one
SEPT. 30, 1948
taxes, $7,500; capital stock without
;shares), $4,500,000; capital surplus,
form
may
shorten
to
i
must
purpose
or
equity securities.
If all of the
offered
to
stockholders are sold,
the
will be approximately $600,000 but
if
not, then the amount of additional
financing required will be pro¬
portionately
increased.
In
determining
the
plan
of
additional
financing, it may be deemed desirable to refund the
presently out¬
standing $400,000 4% bonds ol the
company and to pay or refund
the notes.
The proceeds from this
offering
used,
25
350* cumulative preferred stock ($5 par) and 49,000
shares of common stock (100 par) in units consisting of
$1,546,452;
months,
to
offered
ASSETS—Cash in banks,; $296,354; dividends receivable and interest
axcrued, $32,543; securities owned, at cost, United States Government
obligations, $1,800,406; other secuirties owned, $6,401,050; furniture and
LIABILITIES—Dividend
the
278,318
additional
of
,
decrease during nine
be
Oct.
Films, Inc.—Stock Offered—Aetna Securities
Corp., New York, is offering to the public 49,000 shares
trust.
follows:
as
$1,#61,186;
in
1696.
Official
be
(11*—Realized net profit from sales of securites (computed on
the basis of average costsi after deducting $1,543 for State and mu¬
nicipal taxes, carried to profit and loss on securities sold was $132,568
in the 1948 period.
-''
(2) Aggregate unrealized appreciation in value of securites owned
•
days
action
and
The
the
estimated
amount
needed
for
the
purposes
just
stated
is
The company has under consideration
additional financing
character of which has not been
determined, but which may be
the
the Curb
on
the balance bf such costs.
complete
$1,300,000.
Co.—Shortens Maturity
Telephone
took
Nov.
15,
1979.
was
filed on Oct.
submitted
NOTE
-
basis
way
to
The
shares
proposed $60,000,000 debenture issue from 45 years
This action changes the maturity date from Nov. 15,
years.
will
pro¬
to
directors
of
to
few
360,000
$0.62
made
31
1993,
$61,155
360.000
par)
closed.
1948, of the Delaware company which
Sept. 30, 1948.
4
stock, without par value, of Northern States Power
p.
is
$429,579
future pay
near
issue
financing of this construction
to
reimburse the company's working
capital for these expenditures,' and to
provide additional wo: king capital.
of
be dealt in on a regular
after Oct. 26, 1948.—V. 168,
and
the
this
on
Northern States Power
of the second amended
to
was
on
board
which
$0.72
(no
share
;
business
of
dated Jan, 5,
as
common
company's
to
$223,155
162,000
—
stk.
per
■'Without
vision
$259,875
162,000
____
cap.
close
Date of Proposed Debenture Issue—
12,200
$259,359
declared
Earnings
stock,'
effective
new
(Minn.)
the
*Net
the
at
the
■
t
t
t
1947, company began the construction of its
manufacture of plastics.
At this date the
building in
operations are to be conducted has-been
completed and all
equipment installed.
The cost of the
plant, including the building and
,,equipment, is estimated at $630,000.
Of this amount the
company
had
expended as of June 30, 1948, the sum of
the
for
which
the
2,000
.
•
Exchange
Curb
without par value, of
accordance with the provisions
became
Co.
PURPOSE—During
plant
1948,
for
stock, par value $25, was removed from unlisted
York
Northwestern Bell
taxes
income taxes
Dividends
common
Exchange
Prov. for estimated Fed.
23,
1948.
new
Prov. for State fianchisc
other
New
(Minn.) in
plan (as modified)
23,688
1,200
30,402
Cross
and
25,
The
exps._
Oct.
Monday, November 1, 1948
within
common
the
on
Co,
Amer.
to
the week ended
Each
salaries,
and other oper.
Contributions
(Del.)—Weekly Output—
for
company
The transfer books for the above issue have been permanently
share of class A common stock is exchangeable for 5V4
$250,307
2,953
11,517
sec
income
trading
Oct.
1947
$277,513
$280,412
in
The class A
STATEMENT
INCOME
1948
this
Class A Common Stock Removed from Curb—
stocks, 69.7%; preferred stocks, 8.2%; cash in
banks, U. S. Government obligations, dividends receivable and interest
.accrued, 22.1%,
common
Cash dividends
of
63,699,000 kwh., as compared with 57,470,000 kwh.
corresponding week last year, an increase of 10.fi
-V' .-:V:4
i,
*
i
output
CHRONICLE
totaled
distributed approximately
were
FINANCIAL
&
Northern States Power Co.
As such, the corporation
future security profits to
company."
investment
realized.
Assets
as
COMMERCIAL
THE
(1802)
pound
two
per
75,000
hour
kilowatt
pulverized
turbine-
coal
fired
,
Volume. 168
boilers
and
with
955
steam
degrees
bituminous
or
placed
for
Number 4747
of
temperature.
coal.
for
''
'v;;
boilers
inch pressure
either anthracite
use
can
EFFECT
Authorized
sinking fund
debs,
due
16%
series notes, due Oct.
lVsVt
serial notes, due Oct.
Promissory
1949
1V2 Vv,
notes
pfd.
stock
pfd.
4.60%
10,
($100
stock
|
due
16,000,000
—
(no
♦Additional
par)——
issues
limited
are
Dividends
1948,
and
Oct.
1
last
the
will
in
day
be
each
of
payable
quarterly
for
year
the
the
preceding
will
stock
Jan.
on
1,
quarter-yearly
month.
The
of
directors, pari
standing 4»/2% preferred
with
stock,
before
Oct,
annual
dividend
requirement on
presently
outstanding
preferred
Gas
payment date
Dividends on the
by the
presently out¬
may be paid 011
shares
440,000
of
4 %2%
date,
is
company
marily
in
wholesale.
the
public
business
of
The company
manufactured
gas
and,
utility
supplying
is
to
operating
also
electric
engaged
in
at
energy
the
business
retail
of
On
Co.
to
the
respective numbers of shares to be
purchased
by each
are
and
<fc
Co
The First
Kidder,
Corp
Merrill
8,500
Buckley Securities Corp
Blair F. Claybaugh & Co
&
Boston
4,500
De
Co
Brothers
4,500
&
W.
Clark
W. H.
H.
<fc
Co.—
&
Moore. Leonard &
E.
Masten
Lynch—
168,
1
Suplee, Yeatman & Co.,
Warren
1,000
Inc.
1,000
York
&
1,000
♦
(The)
Years Ended May 31—
Net
goods
Gross
l1:
$2,723,493
and
general
b
profit.
;
Total
$1,434,056
,*
Interest
account
Retirement
for
of
past
Plan
allowed
for
16,493
3,911
tory
normal
100,000
sundry.
100,000
9,460
8,225
Fed.
income
■
___
tax
and
for
service
etc.
Preferred
under
dividends
per
Number
1948
year
This
Crl
for
costs
19465
Co.
or
taken.
pending
Co.
$516,800
177,390
122^937
is
permitted
Govt,
$5.06
$3.60
___
920
of
property,
plant
were
to
plan
with
invests,
and
any
received
profits
from
losses
or
those
BALANCE
168, p.
output
of
of
•Property,
Good will,
-Deferred
-
Total
accounts
acets.
note
plant
and
patents,
charges
SHEET,
companies
MAY
aft.
chgs.
and
assoc.
income
etc.—
taxes
$1,431,147
value)
issue
and
and
and
•
shares
the
of
registered
notice.
name
There
Common
Earned
Cost
of
poss.
r.
,j__
_____—_____■
and
$8,783,888
;<'V"
•
credit
sundryL.__.___
''
r
'After
1948
and
_
22,
capital
of
desirable
stock
'
losses
per
1
33,178
$7,970,373;
$337,150:
-
'
$290234''"
the
office
of
&
58,598''
and
conting.
518 184
•
1,00(>!000
866,668
609,142
share')—_V
retain
Holding
of
been
depreciation
$2,181,220 in
appointed
co-transfer
paying
and
agent
conversion
and
agent
registrar
for
agent
for
the
this
4.40%
;
•"•
the
of
1948,
shares
these
to
of
their
exercise
until
the
close
of
business
7.
.,
Nov.
conversion
1097,
p.
have
privileges at the rate of three
stock for each $100 principal amount of debentures.
common
168,
debentures
'V;.:
Puffet Sound Power & Light Co.—Earnings—
Period End. Aug. 31—
its
Operating
1948—Month—1947
$2,146,335
revenues
Operation
Federal
Other
Com¬
1 "
1948—12 Mos.—1947
$2,145,778
858,617
.
$28,755,531 $26,505,951
878,442
12,250,025
10,832,528
Maintenance
143,096
149,270
133,267
2,321,537
1,701,168
133,500
1,852,054
1,569,219
1,905,230
284,154
3,758,703
3,273,861
$541,420
21,142
$567,145
$6,872,044
1,337
24,709
50,768
184,021
197,256
2,382,416
2,316,508
$336,257
;
145,833
159,000
298,369
Depreciation
major step
a
Standard
Gas
$368,552
$4,464,919
$4,565,514
687,500
687,300
$3,777,419
$3,878,014
=
taxes'
income
on
taxes
Net
&
opcr.
revenues
deducts—net
inc.
Net
and
amortiz.—
income
preference
Balance
1,992,323
dividends
available
construction
for
paid
other
and
stock
common
corporate
$6,932,790
'
dlvs.,
purposes
NOTE—In
June, 1948 the company received the final instalment on
capital stock of North Coast Transportation Co. to The
Greyhound Corp.
Dividends
of
$1,578,000
received
from
the
North
Coast Transportation Co. during the 12 months ended
Aug. 31, 1948
sale of
the
(1947—$110,000),
come
1946
$1.08
without
are nonrecurring and, together with the Federal in¬
applicable thereto, have been excluded to give a better com¬
Puget's operating performance.—V. 168, p. 1367.
tax
parison
of
Radio Corporation of
$0.88
Period End. Sept. 30—
Gross
under
agent
shares
America—Quarterly Report—
all
70,230,330
—
156,123
418,403
80,888,824
70,648,733
256,968,537 224,982,605
71,961,177
63,948,771
226,530,467 200,906,272
3,663,274
2,499,135
1,050,000
825,000
goods sold,
"■Interest
1,236,426
871,281
350,000
275,000
patents
at
increases
present
of
and
the
in
the
of
Net
has
137,726
139,836
419,013
taxes
2,925,000
1,980,000
10,177,000
393,440
7,999,000
15,128,783
12,233,758
26,000
(par
$10).
Oct.,
In
income
Preferred
4,278,495
dividend
Balance
an
lEarns.
1948,
Of
the
Supply
for
per
"Portion
30,
hospital and sick room sup-5
and various pharmaceutical
126,000
3,407,845
788,200
788,200
2,364,600
2,364,600
3,490,295
stk.
com.
2,619.645
12,764,183
9,869.158
$0.92
$0.71
share
com,
of
$0.25
$0.19
(totaling $69,000
expenses
1947, and $333,000 in the first nine
(The
for
•;
the
monthp
quarter ended Sept.
of 1947) incurred for
reconversion, being the amount of the related tax reduction.
was^ charged
to the "reserve for postwar rehabilitation
adjustments of wartime costs.") •. tlncluding interest and
balance
and
,
other
.
to
are
1,4)57,943
authorized
company
stock
common
outstanding.
line
640,073
laws
on
Oct. 2, 1937,
capital of $10,000.
Physicians & Surgeons
to
;
:
—
Prov. for Fed. inc.
the
f
gen'l
Depreciation
of
256,328,464 223,924,662
from
oper,, develop., selling
and admin, expenses.
Amortization
1948—9 Mos.—1947
•
80,732,701
sources
Cost of
original
individuals.
and
1948—3 Mos.—1947
oper—
inc.
gross
postwar
general
a
from
income
Total
in
coupons,
inc.
tOther
National Bank
Trust
paying
Alabama
an
several
until
issued
doctors,
concerns,
hospitals,
clinics, in¬
-
dividends
of
-
1948
from
subsidiaries.
investments
other
including
-$200,000
'
fBased
and
dividends
13,881,016
on
in
the
shares
of
first
nine
months
wholly-owned
from
foreign
stock.—V.
common
163,
1698.
P.
V
290;000
;?
406 751
2,850,0002,850.000:
2,348,013
1947.—V.
:.!$8,783.888
and
167,
amortization
p. 1048.
of
$7,970,373
$2,259 062
.
Reeves Brothers, Inc.—Earnings—
v
-
..
convertible
in
OF
THIS
Three Months Ended Sept. 30—
Net sales
Net profit before income taxes
FINANCING
Authorized
.
——
* Outstanding
•-
debentures, due $10,000
shares
reserved
$115,000
—_
♦32,500 shs.
for
conversion
the
of
Federal
$115,000
and
,
:
1948.
1947
<
1946 $14,223,992' $13,895,615 $13,027,736
——
-
>
1,920,744
"1,021,545
766,470
259,915
$1,154;274
—
$761,630
State-income taxes
debentures,
In
-
addi¬
Vv
Net
profit
•
-
Earnings
'
.,
SALES
AND
EARNINGS
%
.
Sales
■
•
$10,431
497,601
18,132
- 659,673
.
—_
will
be
•
used
'♦
for
Electric Co,
added
poration
for
compared
year,
an
of
the
the -week
with
above.—V.
operating
ended
238,541,000
increase of
for
replacement
on
of
Sept.
1,137,149
$0.86
"last" in-first
30,
out""
1947,
Directors, Etc.—
-Henry C. Hoffmann and S. L. Lewis, Jr., have-been elected directors
Mr, Hoffmann; William I. Hudson, Jr.,;'William H. Burroughs
John R. Wilson have been-elected Vice-Presidents of the company.
to
the
-
:
general
as
funds
of
•
John
and
M.
the.'
the management'.
.'
Oct.
14.1%.—V.
168,
character
and volume
of
the
company's
business.
..
..
-Mr.
Hoffmann has been in charge of grey goods sales and purchases:
Hudson, for more than ten years southeastern sales representative
for the company, in his new post will head the sales promotion activ¬
ities of-the-company and will continue to represent the company in;
Mr.
(Italy)
—
Bondholders'.
the
southeastern'
financial,; tax
subsidiaries;
Co.—Output'—-
companies
1948.
for
the
p.
1697.
served
totaled
by
-
■;
this
272,223,000
corresponding
week
cor*
kwh.. ^
last]'
territory: with
wtm" has "been
Burroughs,
151, p. 2361;
23;
kwh.
Reeves, President - of the company, announced that this
in the executive-personnel was made necessary by the ex¬
panding
•
•
Pieneer Service & Engineering
output
of. $550,000
»*"
and
.•
22.386
% '.j: 18,278
"
t$979,182
1,137,681" 1,137,238
$1.01
$0.67
share;
increase
be
corporate purposes
-
Piedmont Hydro-Elcctric Co.
Committee Formed—:
See Adriatic
New
(after taxes)
iW - $2,543
j
7^,.. 13,734.'
32,365
24,270-
.'1 353,935
"PURPOSE—Net'proceeds will
company; and
as-
.
*
1947-
>
Profits
(before taxes)
$333,541
,
—
i
common
inventory at estimated replacement costs
Profits
.
per
"After- provision
RECORD
f
1,526,500
' 547,318
16,090 shs.
Comiqon shares outstanding.
Electric
——
reserves-for
;
underwriting group,
on the $10,000,000
closed
preferred stock.- *
"Special charges
changed
been
32,500
now
retails
may determine.'
1,798,493'
treasury—Zb-10,963 (
in
the
been
■
—V.
though
even
and
1947
debentures
trustee
was
have
company
1948 (6 mos.)
555538
7L515:
572,669
__^____±__>_ %•
—
shares
have
and
options have been granted for the purchase of 3,000 shares of
company's common stock at $10 per share; the options must'be
exercised on or befort Oct. 1,- 1953.
•
191,047".134023
from
banks____
invent,
of
manager
*
instruments, anesthetic gas
Principal sales in this division
*11,500
':5 V"
balances—___680,430
withheld
stock-)(par>value-$20
798
has
also
the
841 893
1
„_
73,992
future
(Inc.)
the books
tion,
64,534
15^510
10,520
:'" 64/777
surplus,
Total
Co.
that
Guaranty Trust Co. of New York, trustee under the new 3'/«%
first mortgage bonds due
1978, of which $10,000,000 has
Holders
irre¬
company's sales territory comprises the entire State of Alabama,
well as parts of Georgia,. Florida and
Mississippi.
6%
294,523
'
190.000
,
&
28
Colo.
manage¬
that,
present
existence
The Birmingham
as
> annually before
maturity—*
-Capital stock (par $10)_i
3!l6l',913
empls,
to
<
outstanding 3% convertible debentures due June 1, 1962
been called for redemption on Dec. 1, next, at 103 and interest.
Payment will be made at the International Trust Co., trustee, Denver.
stay, review
U. S. Court
the
class
one
is
in
CAPITALIZATION" UPON COMPLETION
V $832,490'-
303,000
prior yrs.1
commissions..
taxes
paid business during the quarter amounted to
$26,000,000 during the corresponding period Of
new
Calls Debentures—
adopted.
company
announces
•
53 055
for estimated
remaining-cost of past-'1-'-'
service >annuities- under
empls. retir.;plan__
-
to
the
$2.69
Ala., will act
capital of
16,090 are
was
Philadelphia
Up $22,400,000 in Quarter—
President,
of
All
$1,000.
30 days'
of
of
have
'f.-.1
stock
Co,
Philadelphia
recognized
1948
company was chartered under
American
Apothecary. Inc., with
as
1 673276
corporations
for
Reserves
_B.es. for
Hall
issued,
issue;
on
;•/, In addition, the company is engaged in the compounding-of prescripVtions; the sales of the prescription department are made principally
to hospitals and the general
public.
during
1,515,142
accr.
interest, etc.
on-'income—estimated—
taxes-,
payable
directing
order, the
the
share
consist
and
on
Insurance
(Including Domestic Subsidiaries)
will
cf $500
products.
-
;
(net>—
State-franch; 8s local taxes,
Notes
commenting
on
The
-1947
39,703
advances
wages
Federal*
in
$107,797,525 $83,165,261 $82,252,124
3,668,959
3,373,284
6,564,547
,5,801,258
2,593,598
2,200,929
taxes
••
.
Life
mortgage 3V8% bonds due 1978, publicly offered Oct. 20.
The
having been all sold, the trading restrictions of the underwriting
have been terminated. See also V.
168, p. 1697.
The
the
common
'
agreement
*
at
plies, surgical
•
31
equipment—2,180,585"--1
Accounts; payable—trade
.Payroll
■■
accounts
_______
Customers'
first
issue
its
•
Co., Inc.,
equip¬
for the
3,303,790
i'."?\ .V
LIABILITIES—
Salaries,
redemp.
receivable
with
on
and
_
.
of
1697.
per
authorized
foreign
,
Refundable Fed. taxes
5
all
this
sales
income
dustrial
Domestic Subsidiary)
'
'
'•
-V
•
1948 >
.
__________
and
m
redeem
However,
only
continue
available
are
v
The
(at current
securs.
Inventories
Miscellaneous
Duquesne
•present name of Physicians & Surgeons Apothecary and Surgical
866
and
expenses, amounted to $113,378
fiscal year 1947.
(Including
v-.
,
.
notes
proposed
of
the other hand, if
On
plastic
1149;-
p.
announced Oct.
presents serious problems in connection
liquidation of Standard.
The
proposed
v'-v'V .7
Birmingham,
the
7,158.
„__
——^
S.
the
before
have
...
Trade
of
Petitions
Columbia.
Co.
Inch
Public Service Co. of Colo.—Bond Issue Sold-—
to
stock
also
the Commission's
of
Philadelphia
the
Nov.,
1937,
Apothecary Inc.
"
Dr290,000
$721,392
——
depreciation
and
dividends
v.
U.
equal
properties, including its
Pittsburgh Railways and, after
liquidate and dissolve and directed
Electric
indenture.
as
CrlOO.OOO
_
CONSOLIDATED
ASSETS—
Co.
In
year.
.
holders
order
an
be
of
stock
*
sandwich, the glass folds
joint connection; when the
.
against
as
168,
Harris,
common
would
The
plan
U
and $106,962 for the
docs not include
No
1^403
past
surplus—
_
statement
subsidiaries.
the
in
of
513,100
_l
stockholders—^
included
fiscal
of
ret.
share*—
common
of
&
Philadelphia
leave
electric
capital
paid
NOTES—Provision
ment,
amount
an
1.8
Interest payable April and Oct. 1 of each
year.
A sinking fund is provided for beginning Oct. 1, 1949. and is
sufficient to retire a minimum of $10,000 of the
debentures each year
prior to maturity. Debentures are callable at any time in whole or in
200,000
cost
employees'
to
paid..,
dividends
Earnings
remaining
.transferred
Common
in
Standard. Gas,
now
District
Gas
simplification
part by lot
563,500
1
estimated
annuities
Balance
the
to
are
Linton,
company's
1947.—V.
Prior
This
surtax
year
1 estimated)
income tax adjustments for prior
years
of reserve for
possible future inven¬
losses,
The
$22,400,000
and
action
order
in
as
glass-plastic
1587.
p.
<
Albert
Other
denom.
service—Employ¬
—
and
Provision
Reserve
2.5
Oct. 18 offered $115,000 6% convertible deben¬
tures due Oct. 1, 1958 at 100 and interest.
$1,437,126
23,218
payable—
the
Federal
such
view
rear
H.
Brougham,
that
insurance
in; force
increased by $10,000,000 during the quarter just past to
$1,304,000,000
Invested funds at $579,000,000, an increase of more than
$4,000,000
during the quarter.
transportation
Co.
Act.
Ala.,
'■
1,200
notes
—
Discounts
Prov.
101,751
$1,518,770
charges on long-term
charges—other
on
receive
M.
Physicians & Surgeons Apothecary & Surgical Supply
Co., Inc.—Debentures Offered—Marx & Co., Birmingham,
$1,335,375
.■
profit
Interest
ees'
.«'•
•;
Payment
the
into
entered
and
Gas
3/4
168,
—New Paid Business
Interest
Net
:
84,714
*
income
v
t
cash
Standard that the proposed plan will constitute
the solution of Standard's problems under the
^Earnings
$2,432,849
1,097,474
1,289,437
expense—
f'~
i-i
n
Operating
Other
,
SEC
Convertible
full-vision
same
plate
a
on
168, p. 50.
annum.
of
convert
of
the
Hudson
new
de¬
,
per
rights
formerly
been
Dr. J.
•
—V. 168, p. 1149.
administrative
>
,
1947
6,832,606
profit
Selling,
would
preferred stock would receive
4%
Six Months Ended Sept. 30—
Sales in the domestic market
$9,265,455
8,693,451
sold
of
Export
1948
$11,416,944
sales
of
stock
the
in
permits
Provident Mutual
Philip Morris & Co., Ltd., Inc.—Earnings—
Pfaudler Co., Rochester, N. Y.—Annual
Report
(Including Domestic Subsidiary)
Cost
of
to
gas
such
for
of
the
—V.
1697.
p.
V.
company and its subsidiaries for the
week ended Oct. 23,
1948 amounted to 149,693,000 kwh., an increase
of 10,302,000 kwh., or 7.4%
over the corresponding week of last
year.
Co.,
_
preferred
strip
the
preference
Philadelphia Electric Co.—Weekly Output—
1 000
W.
6%
dispositions, to
Standard
would
The
Inc.
$1
Co., 231 South La Salle Street, Chicago, 111.; at the office
the Philadelphia Co., 435 Sixth
Avenue, Pittsburgh, Pa.; and at
the 16th floor, 40 Wall
St., New York.]—V. 168, p. 1047.
1,000
&
Co.—_i
through
proposed
a,
vision
rear
There have been called for redemption on Nov, 26,
next, at par and
interest, $233,650 first mortgage bonds due Nov. 15, 1958, out of unex¬
pended sinking fund monies.
Payment will be made at the New York
Trust
Co.; corporate trustees, 100 Broadway,
New
York, N. Y.—
of
1,000
2,000
Redpath
&
Parrish
Schmidt, Poole & Co
Singer, Deane & Scribner—
Co._
effected
be
of
narrow
Poli-New England Theatres, Inc.—Partial Redemption
the
pre¬
cumulative
its
cause
tCopies of
1,000
2,000
<fc
of
the
time
special
a
lowered.—V.
Electric
l]000
Co
&
2,000
;
Auchincloss, Parker
Boenning
—V.
A.
2,000
Co
of
pany
1000
2,000
Co., Inc
to
^towards
1,000
Janney <te
1,000
&
Yarnall
1,000
Green, Ellis & Anderson—
2,000
Co.„
of
aside
Appeals
ment
1,000
3,000
Rollins <fc Sons Inc.—
Stroud
Morris & Co
Graham, Parsons & Co
2,000
Newbold's Son & Co.
Reynolds
E.
&
of
Philadelphia Co. is required
to comply with the order of the
SEC, the simplified capital structure
resulting from the plan would greatly facilitate compliance with that
order.
Moreover, it is the belief of the board of directors and manage-,
1,000
Co.__
would
shares
Philadelphia
the
1943,
existing properties.
1,000
4,000
—
stock
value
par
the
.
of
accordian
an
top is
Light
President
Equitable
Philadelphia
1,000
—
preferred
bank loan indebtedness outstanding.
Standard believes that such simplification
the
Townsend,
Elkins,
Beane--
Eastman, Dillon <fc Co.
Biddle, Whelen & Co
E.
<fc
Crouter & Bodine
Lynch, Pierce,
Fenncr
Haven
1,
in
set
with
No. of Shs.
8,50o
Peabody
Lehman
this
and
rate
the
spective of the outcome
follows:
as
No. of Shs.
Drcxel
had
.
Boshcll,
stated:
Standard
plan
underwriters
the
O.
structure
several
of
$1,729,800
share in cash.
stock
completion of such
tory of approximately 1,746,000.
of
of
Duquesne
plan,
•
dispose
ment
names
classes
securities
thereof
forth
the
of
June
interest
of
In
at
common
Co.;
the plan,
territory served includes large agricultural and industrial sec¬
important anthracite districts in central eastern
Pennsylvania
population indicated by the 3940 Federal census for such
terri¬
UNDERWRITERS—The
it
eliminate
first
the
cars.
series
and
supplying
9,300 square miles;
that
like
been
tions and
Electric service is rendered in an area
of
the company serves 774
communities.
such
$8 rper
sets
part
with
area
four
addition,
Philadelphia
accrued
Edward
etxent, steam heat.
Of its total
operating revenues for the 12 months ended June 30, 1948,
approxi¬
mately 93.7% was derived from supplying electric
service, 4.5% from
and 1.8%
from steam heating.
However, substantially all of the
company's net operating revenues are derived from electric service.
a
21
to
development
delphia
gas
The
Oct.
for
Formed
outstanding collateral trust bonds and serial notes, aggregating $37,461,000, by use of proceeds of bank loans and other funds of Phila¬
limited
a
Used
Co.
As
pri¬
engaged
company
of
in
the
of
of
sum
plan
Light
utility
a
announced
plus
The
properties.
The
equipment.—
preference
dividends
formed
was
of
of
share
preference
several
Co.
Each share of Consolidated Gas Co.
.shares of preference common stock
in Pennsylvania by. consolidation
companies on June 4, 1920.
Since that
the,company has acquired numerous other utility franchises and
of
merger
certain
Sherts,
share of
further
stock
is
$1,980,000.
The
annual
requirement on the 63,000 shares of new preferred stock will
be
$289,800.
Accordingly, upon the issuance of the new preferred
stock, the aggregate annual prefetred stock dividend
requirement of the
company will be $2,2G9,800.
COMPANY—Company
and,
holders
stock
of
Each
dividend
and
of
procurement
veloped
common stock, plus accrued dividends.
Philadelphia Co. $6 preference stock'would receive 4.8
shares of preference common
stock, plus accrued dividends.
Each share of Philadelphia Co. $5
preference stock would receive 4
shares of preference common stock,
plus accrued dividends, plus the
the
on
Electric
amount
Co.
the
to
Each
shares
declared
as
dividends
the
the
glass,
in convertible automobile top construction, has
at Pittsburgh, Pa., it was announced on Oct. 24 by
Director of Product Development.
necessary
Co., the principal subsidiary of
Philadelphia Co., and of cash 011 the following basis:
Each share
of Philadelphia
5%
preferred stock would receive $11
in cash, plus accrued dividends to the effective date of the
plan.
1, July 1 and
ending with the
1949.
and
and
retirement
common
1,
dividend
dividends
any
from
stock.
common
The
passu
Folding
the
stated
or
The
April
period
first
with
11
Pittsburgh Plate Glass Co.—New Product—
obligation
assume
ferred stock of the Consolidated Gas Co. of the
City of Pittsburgh
(an inactive company without assets or earnings), on which Phila¬
delphia Co. has guaranteed dividends to the extent of 4% per annum.
63,000 shs.
2,911,88b shs.
accumulate
new
preferred stock will be Jan. 1,
preferred stock will be payable, when
new
board
the
par
.<
by property, earnings and other mort¬
the
for
440,000 shs.
75,000 shs.
5,000,000 shs.
preferred
new
to
company
1697.
p.
delivery
on
connection
Philadelphia
—
the
a plan with the SEC for the
simplification of the capital structure
Philadelphia Co., its largest and most important subsidiary.
In substance,
the plan provides for the elimination of $39,959,600
14,500,000
515,000 shs.
provisions.
gage
in
Standard
of
($100
series
Common stock
authorized
15
as
filed
30,
;
Oct.
on
Philadelphia Co.—Simplification Plan Filed With SEC
1,144,000
.
(1803)
model
1,144,000
par), cum._—
par),
cum.
168,
27,000,000
.
Sept.
V.
20,000,000
$27,000,000
1949
CHRONICLE
j $93,000,000
10, 1950—1
____.___4.__
________
4'/a%
Series
1965______
ICC
liability,
diivdends
Outstanding
"
FINANCIAL
guarantor, in respect of not exceeding $9,675,000
equipment trust certificates, series U, to be issued by the
FidelityPhiladelphia Trust Co., as trustee, and sold at 99»53 and accrued
FINANCING
PRESENT
TO
First mtge. bonds, 3% series due 1975-1)
First mtge. bonds, 2% series due 1977—f
3%
and
'■
GIVING
&
Pennsylvania RR.—Equipment Trust Certificates—'
The
major equipment have already been
kilowatt unit to be in service in
100,000
1951-
CAPITALIZATION,
1,350 pounds per square
These
Orders
additional
an
.
conditions
THE * COMMERCIAL
and
organization ttn- June/1946;
of-Itasca
headquarters in
for the past
Controller
accounting- operations
Mr. Wilson, who-1-joined
and
Cotton
of
the
'Atlanta;' Ga.;
year,
Mr.
will supervise
and its
company
the-Reeves Brothers, Inc;
will continue to merchandise the products
Manufacturing
Co.;.and
Guadalupe
Valley
Cotton
Mills.
Arthur
the
M.
company,
Kerr;
has
for many
requested
years-Vice-'President
a
leave
of
and
absence- from
a
director
his
duties
of
as
12
Vice-Presiclent
for
one
Becher, who has directed the research and developmentoperations of the company for the last several years, has been elected
Vice-President of FairforeSt Co., a subsidiary, to coordinate the manu¬
facturing activities of the Eagle & Phenix Mills,. Columbus, Ga.
John
C.
for
A.
Scott
Lewis,
pany.—V.
168,
in charge of soliciting finishing
Vice-President of that com--,
who has been
Jr.,
Fair forest
the
has
Co,,
elected
been
i:%:'7. ;/ /;V-'-/
1588. %-V/
p.
■/./, :•
Appointed—
Reynolds Tobacco Co.—Trustee
(R. J.)
L
Bank of New York, lias been appointed trustee,paying agent and registrar for $60,000,000 of 3%. debentures due Oct.
1, 1973.—V. 168, p. 1698.
•;'/
>'
•„ '
National
City
common
and
on
Oct.
due
to
In the export
drop
a
15, May 15
cents was,
Quarterly distributions of 15 cents each were made on Feb.
and Aug.
16, this year, and, in addition, an extra of 15
pajd
Feb.
on
brought the total common dividends paid in
the same as paid in 1947.—V. 161, p. 1136.
This
15.
'
UNDERWRITERS—The
1948
1947
1946
Net sales
$21,066,434 $20,688,993 $16,576,009'
Profit
after charges—.:-—__—
616,400-; 2,457,965
2,561,462
State income taxes
'_——
)
272,700
(103,500
109,000
Federal ificome taxes
_~j /,/
'
[870,000
942,000
—
,
"Net
____/'.7—-7——
income
Common
Earnings'
per
loss
on
profit
500,000
$2.74
$2.78;
and in 1946
on
Below
';''V/,\;/'% ,'/■ ^77//! >%•/7\'V':.7;/:/'7'7/;/;/:
27 voted
Oct.
directors on
or about Dec. 1 on
affecting earnings
and
payable on
j77-r':7::/:7:
"
resigned as President
Executive Vice-President.—V. 167, p. 1927.
as
of
those
Albert
a
year
ago.
recenUy
Bates
J.
Mitchum, Tully & Co._____
.
Weedcn
_x_____.
Weeks
& Stubbs_
5,000
Brothers
—
Co.,
25,000
Merrill Lynch,
&
ner
Whiting,
Fin-
Pierce,
25,000
25,000
Pacific
—,
Wulff, Hansen & Co.—
J. Barth & Co._
7,000
Buckley
Pacific
Revel
Brush,
H. M.
f
operating
Total
Frank
Bailey
Selland
5,000
5,000
Co.--—
Frank
William D.
C.
5,000
.
.Federal 'taxes'
income)
1,951,950
1,713,112
Gross
Total
1.229,000
1,155,000
$3,224,281
4,576
$3,228,858
1,221,291
1,700,449
surplus, beginning of period-
2,879,944
$4,805,355
$4,254,943
375,000
1,000,000
:
Amortiz.
161,948
217,043
dividends—
Common
$92,985
$444,169
$482,104.
of
Earned
1,180,000
of System—
income
Deductions
$1,368,254
$751,113
3,860
$7,914,597
116,032/
$9,311,476
8,780
—_
from
65,204
income
fixed
—V. 168, P.
1698.
*'
'
<
$7,,798,565
$9,246,272
$747,253
$1,359,474
chgs.
* * *1 *
,
AUG.
SHEET
nationwide group of invest¬
ment banking firms which offered publicly Oct. 26 an
issue of 350,000 shares of common stock ($10 par). The
stock was priced at $13.50 per share; ' •
—Blyth & Co., Inc., headed
Transfer
Diego
agents,
First National
National Bank,
Chase
and
N.
America,
T.
a
S.
&
San
A.,
and Savings Bank of Sanr
York.
Registrars, Bank of
Trust
New
and Guaranty
'////••;
Diego,
York.
Trust
New
Co.;
on
PURPOSE—The
proceeds
the company for the
bank loan notes,
theproceeds having been used to finance in part company's construction
program;
and (b) the balance to reimburse the company for certain
?
net
to
ia)
purposes:
be
will
used
expenditures made prior
to Sept.
2,
1948,
for
the acquisition of r
property or for the construction, completion,; extension or improve-]
depos. with trusstee for paym't of
1948
tion
its facilities
of
ment
and
in
finance
to
program.
The
new
.1
1
that funds ayailable .from • the sale of the
together with amounts available from internalprovisions
for
depreciation,
estimated
to be,
stock,
(principally
approximately
With
struction
first
; $2,162,000
for 1948) will provide it
funds for-the remainder of 1948 and
the
1949.
It
is
to
finance
the
of
additional
sale
likewise
that
expected
required
involve
the
the
sale
of
of
ample
subsequent
financing
program
cumulative
con¬
months"
few
construction
such
company's
shares
:
*
may/
and
additional
bonds,. both of which types
would, upon the issuance thereof, have priority over the,,
stock of
the
company.
The time of such financing
and,
of securities to be sold will depend upon market conditions.
common
amount
CAPITALIZATION
GIVING
EFFECT
TO
PRESENT
Accrued
bonds——;
mortgage
3% %
series, due July
payable
—
—
—
234%
series,
'-Series C,
Deferred
:
tl.600,000
None
10,000,000
1,
Dec.
due 1978
♦Promissory notes
preferred stock, 5%
preferred stock
Common stock
(par $20)
bonds
be
may
issued
only in compliance with
tAuthorized
standby
loan
tissued
for
purpose
issuable
The
under
reserves
-—
Premiums
"Due
interest
date
the
loan
agreement,
when
until
rate,
will
issued;
paid,
be
bear
until
or
determined
not
less
terms
the
by
than
of
1,
formula
a
2%,
nor
the
at
interest
March
under
the
"
2%
per
loan,
annum
after
which
common
under
the
nation
of
stand-by
the
restore
working
12.87%
2'/2%
than
per
agreement, the funded debt and capital!-'
will consist of approximately 44.62%
funded
preferred
stock,
32.61%
common
capital
168,
used
o'per.
revenues—
income-:-^
of
SEC
to
income
stock,
and
9.90%,
iu
April
the
and
business
mercial,
rale
of
electric
industrial,
customers
part
and
retail
of
BUSINESS—Company
1905.
selling
naval
ern
AND
6,
in
Orange
Company
Diego
manufacturing,
to
light,
agricultural,
County;
domestic,
an
heat
governmental,
County and in-a
and
of purchasing
commercial,
ir>
Cali¬
public utility engaged
transmitting, distributing
power,
transporting,
incorporated
was
to
domestic,
utility,
portion
natural
com¬
military
of the
gas
distributing, ' and
industrial,
Co.
Completes Conver-
Mullendore, President.
C.
to
be
:
•
output of this
kwh.,
against
earnings/ over
-,t',
i-
'
••
•
.
per
company
V•„
three-year
_
an
Electric Co.- -Registers With
&
■:
20 filed
shares (no
benefit
of
Commonwealth
the
will
Indiana
will
168,
common
75,000 additional shares of
Underwriter, Smith, . Barney
and
company.
its.
use
proceeds to reduce indebtedness
proceeds for property additions
its
use
statement with -the
stock owned by the
registration
a
pari
Corp.
Southern
&
for the" week elided Oct. 23," 1948,
with 2,466,000 kwh. for the
increase of 46,0% .—V. 1(58, p. 1734.
compared
.'Oct.
on
690,000
the
for
Co.
by
share
1590.
p.
of
record
Oct.
the
have
15
right
to
subscribe
at
$25
in ratio of one new for
shares held.
Rights expire Nov/1.
Johnson, Lemon & Co.,
Washington, D. C., are underwriters.—V. 168, p. 1590,
per
each
9,612' shares
for
stock
common
2'/a
Sperry Corp.—New Vice-President—
/
8, 017,302
8,069 514
5
President and General Manager of the New Holland
subsidiary, has been elected a Vice-President of the
168, p. 1487.
George C. Delp,
Machine
Co.,
a
parent company.—V.
040,157
Squankum Feed & Supply Co., Inc., Farmingdale, N. J.
-
Securities & Investment
—Debentures Offered—Fidelity
1,680,638
Co., Inc., Asbury Park, N. J., are offering at par and in¬
terest $150,000 5V2% sinking fund debentures, due Sept.
5,493,310
2 745,419
15, 1968.
-
<
1948
1947
$1,405,554
145,131
36,377
U.
$1,334,820
•
100,320:
13,800
113,776
40,100-
>
.' /
wo/king capital, etc.—V. 168,
for construction,
used
651.
7
Cost
—
5,635,079
€6,536
32,809
7,014
$1,191,361
$1,130,903
31—
—1
-
—
goods sold and operating expenses——
of
and
Depreciation
25,000
1947
$6,892,341
6,896,787
98,942
46,126
5,251
sales
1948
$8,238,467
—
6 Months Ended Aug.
/Net
General
S.
_■—
be
Sterchi Bros. Stores, Inc.—Semi-Annual Report—
1945
$1,458,964
299,467
will
..Ja
/
1946
V
: ;:r'
Proceeds
other deductions^—V. 168, p. 1404.
taxes____
$185,691
t$70,131
$22,577
administrative
and
expenses
amortization."
$60,220
outstdg.-^—
122,700
122,700
122,700
122,700
share—
$1.51
Nil
$0.18
"$0.47
!____/_.
com.
dividend
tLoss.—V.
;
company
as
Interest
After
the
.
''*"•■/
•
.
-
:
.
betterments.—V.
transferred
expenses
profit
Earns,
than
Southern Oxygen Go., Inc.--Stockholders' Rights—7
and maximum per¬
charges
are
made
$2,469,468
Sales.
shrs.
Less
representing changes and additions to
been capitalized. The remainder,
has
requirements
preferred
on
167, p. 1927,'
stock-then outstanding.
'
.
••
Balance
Income
from
Discounts
Income
Bad
on
from
debt
287,154
45,308
79,473
carrying charge's
purchases
leased
1
—
.
department's
—
'
146.206
43,339
94,404
3,466
2-
T
5,863
41,654
recoveries—..
income:
13,662
Servel, Inc.—50-Cent Common Year-End Dividend—
operating
purchasing,
generating,
energy for
San
is
'
•
Southern
p,
Net
1918,
entirely spent to adapt and replace customer-owned
'#
Stockholders
and improve¬
11,136 116
Seagrave Corp.— -Earnings-
Com.
in
company
p.
3,601,000
Sundry
HISTORY
fornia
W.
been charged
1590.
has
and
surplus.
gSerial designation and dividend rate undetermined.
was
the
ft
as
served
succeeded in
4,326,874
income
Government
by
facilities
and
1948- -9 Mos.- -1947
income
Assessments
almost
covering
stock
&
$8,567,911 $99,854 481 $88, 367,727
6. 741,885
340,948
10,480. 358
395,473
760,436
126,015
be transferred to earned
sinking fund
capital
fund
after
who joined
1948,
Earnings—
1,063,010
—
if
for Fed.
26
expenditure,
own
Commonwealth
'/;
$9,966,656
1.003,558
—
"After fixed charges and
Prov.
this
Southern Indiana Gas
With SEC—
additions
1948—Month—1947
income-
oper,
Terrell
Mr.
years.
elected
having
after
completed a $37,500,000, three-year program to
service system from 50 to 60-cycle operation, it
Oct.
on
sec—
1 and Sept. 1, 1953; March 1
//,. :;/
/?■ '
extensions,
for
Seaboard Air Line RR.
ry.
50
Wrightson,
D.
corresponding week last year,
$83,775,948 $67,855,022
'
1582.
p.
Period End. Sept. 30—
loan
company
Co.'
&
706.
on
&
bacher
Ray
Southern Colorado Power Co.—Weekly Output—
15,913
Co.,
Witter
SEC
p.
%"?'(S/;//
v" 7
Electric
by-the
prescribed
completion of the sale of the 350,000 shares of new
stock and of the payment of $3,200,000 of notes outstanding
i
'
•
Oct, 20 filed a registration statement with the
shares ($25 r>an common stock,
Underwriters,
Blyth & Co., Inc., Elworthy & Co. and Schwa¬
Proceeds will be used to repay bank loans and to
company
covering
ments.—V.
1589.
168, p.
of
was
totaled
2,879,944
(Calif.) Water Works—Registers
San Jose
Profit
standby
1951,
more
of
Upon
annum.
1954-—V.
1,
9 Mos. End. Sept. 30—-
collateral
as
deed
and
v -
to
•/
1,900,000 shs./
.
mortgage
thereof.
deposit
of
equal instalments on March
in
Sept.
($4.736),—V.1G6,
due
Manager,
California Edison
period.—V. 168,
The
1
royalties
General
nearly
company has
its electrical
equipment,
7,500,000
12,500,000
689,719
3,250,356
Total
of
and
by G.
company's
which
307,911"
; 696,298
7,500,000
15,500,000
1,642,363
surplus
Company
positions
announced
the
19,405,670
703,471
stock.——_—_■—■
capital
on
full
Gilroy, Vice-President in charge, of sales, has been
succeeding Alfred Terrell,
who
retired April
19,
$4,000,000
161,527'
-385,192
301,523
-
—
to earned
surplus if sinking fuhd and minimum capital
fund charges are made against income-—__
None
to
shares
in
166, p. 571.
The
was
89,922
20,771,167
reserves
aid of construction—/--——:
Preferred stock, 5%
series ($20 par value)/—--":
Common stock ($10 par valuei—
—'——
against
375,000 shs.
the
provisions
pursuant
notes,
date thereof
the
«iebt,
the
the
agreement.
and
agreement.
.from
375,000 shs.
1,625,000 shs.
6,000,000 shs.
($10 par)——
"Additional
trust
series ($20)
held
authorized capital stock so as to provide the
the contemplated stock dividend.
of the class A stock authorized of which
for
300,000
Southern
3,078,159
Contributions, in
Balance. of
4,800,000
Cum.
?Cum.
1981—
share
declaration of a, stock
holders of both the
the
for
way
sion Program—
239,922
—-—
and amortization
Depreciation
surplus
$16,000,000
(3%.)___:/—10.000,000
due
58/941
259,054
liabilities-/—178,383
credits
431,203
missible
1970/— $16,000,000
the
each
272,570,,
2,840,544
interest
bond
"Net'income—
FINANCING
Outstanding
"Not limited
1,
these
Other, current
Total
for
Vice-President
convert
Accrued taxes
Net
authorized
stock,
the
shares
Simmons
$83,775,948 $67,855,022'
Customers' deposits
Ry.
B
payment
T.
—V.
085,203
$16,000,000 $16,000,000
10,000,000
—_/
3,200,000
3,200,000a
959,851
719,980
'• 257,165
; •240:702"
mtge. bonds, 3% % series due July 1, 19701st mtge. bonds, 3% series C due 1978—
'Notes payable to banks, 2% .*—
Balance
Authorized
1st
N.
:V'
LIABILITIES
as
,
JLi
—.—
!
131,855
charges_/____l^_L^_-~-%-t-A//---.-.---288,111
Total
Dean
newly
the
of
any
company on Oct. 2G tiled a letter of notification with the
18,342 shares of common stock
(par 25ci,
to be issued to
Senior
Prepayments
Deferred
SEC
or
166, p. 706.
director
,361,502
be.
may
as
will, include-
preferred stock
securities
of
1947
150,000
2,992,060
1,098,576
1,493,051
—:
.
The
believes
company
common
sources
of
construe-'
company's
the
part
stock
Simmons Co.—Elects N. T, Gilroy Director—
bond
—
Gov't, short-term obligations
Accounts "received (net)
Materlarls and supplies
and
issue of 200,000, shares
new
a
The
for
by
$3,200,000
retire
1150.
p;
1590.
p.
preparing
class
are
$2,728,534
1948
U. S.
Earned
Dryden
168,
Signature Recording Corp., New York—Files With SEC
1,000.000
3,407,673
,
following
—V.
$74,214,623 $63 ,817,752
utility plant—1
demand deposits
and
Other
$3.65
the
of
1947.—V.
138,197, exclusive of 38,378 held
in
the
treasury,
are
outstanding.
are
100,000 shares of the class B stock authorized, of which
40,795, exclusive of 11,106 shares held in the treasury, are outstanding.
31
ASSETS
Accounts
Offered
San Diego Gas & Electric Co,—Common Stock
$3.71
operations
There
375,000
$2,879,943
$3,250,355
1st
avail,
authorized
preferred
168,
shares
six
increasing
There
19,645
!___.
interest due Sept, 1,
1943^-Month—1947
/, 1948—9 Mos,—1947 ,
Operating revenues
$10,149,326
$8,982,206 $88,172,980 $79,586,580
Operating expenses*—_7
7,686.142
7.317,718
70.966,376/ 63,489,497
Net ry, oper. income..-,
1,303,960
707,797
8,817,593
,7,534,349
Other income
64,294
43,316
493,883 /:
380,248
of
and
additional
2,582,435.
(neti_
facil.
BALANCE
Cash
St. Louis-San Francisco Ry.—Earnings
_____________
emergency
surplus, Aug.
Cash
Period End. Sept. 30—
stock-
the
Dec/ 31,
Corp.—Capitalization Increased—
Oct. 28
on
is
company
Bloch
Total
Products
stock.—V.
A
sider
69,193
$84,210
Including
acquired
was
$4,121,180/
375,000
Total
2,479,426
__a-
$1,791,184
according to an announcement made on
Oct. 22 by S. B. Mosher, President.
'
A meeting of stockholders will be- called in the near future to con¬
$1,538,745
surplus
Preferred
dividends
1368.
basis.
which
63,750
$1,818,450
Signal Oil & Gas Co.—Plans Split-Up—
1,472,146
$1,528,408
2,726,534
$3,371,782,
p.
$1,854,934
63,750
requirements
490,840 shares com/
on
second
new
The
13,560
$1,925,411
67,699
income
the
dividend
$3,010,891
——
3,302,796
166,141
$1,882,200
requirements—-.
dividend
forma
Division,
common
$2,997,331-
———_v—
$4,189,407
56.900
share
pro
"1947
$2,934,474
l,139,54o
preferred stock, $50 par value, issuable in one or more
They also increased the authorized common stock lrorn 410,000
class
$3,146,702
deductions
income
17,163
51,500
Bal.
of
2,280,000
8,225
income
Net
1,158,003
second
320,000
income
a
1948
$3,040,203
income
on
of no
par value,
but with a stated value of $6 a share, to
1,000,000 shares having a par value of $6 per share.
t.
v
The management has no plans at present for the issuance of any
1,609,438
v
:_i._
$3,138,477
:•" 7".-
Corp.—Earnings—
taxes
dividend
preferred
per
scries.
7,483,039
1.005,701
1,987,295'
1,941,245
operating income
"7''7777'' 7'/;'
'
:
stock
The stockholders
of
$18,770,514 $17,682,807
1,055,728
Other income
5,000,000
of Phila.—
shares
income——Z_—
on
:
income—
on
Shellmar
1946
9,281,146
Federal
before Federal
after
"On
31
2,09.7,635
than
(other
York
168, p. 1734.
taxes
Rubber
1,000
1,385,700
tirement annuities
Co._i
New
of
Canada—
profit
Earns,
1,000
11,804,027
repairs-;—
Depreciation and amortization —_
Prov. for employees' past-service re¬
V.
profit
Net
1,000/
Co.---
1947
$21,606,"769
Operation
Net
AUG.
1948
revenues
Co.-/—
&
also
Net
L,000
James
Knowlton
ENDED
-
Davidson
&
of
2,000/
Meyer
&
White & Co
YEARS
FOR
1'
Maintenance and
Taxes
N.
'
EARNINGS
•
16.576
41,282
Total
&
Stern,
Corp.
Preferred
2,000
Inc.——
10,000,000
J. 77—■
5,000.000
5,000,000
Co.
Nine Months Ended Sept. 30—
Net
2,000
Co.
&
12,500,000
Co.———
10,000,000
10,000,000
Federal
2,000
McAndrew
.■___
Co
6,000
Co
Slocumb
&
Irving Lundborg & Co.—
6,000
California--
of
Byllcsby & Co. (Inc.),
720,775
44,790
168,
Co.
Miller &
& Mejia_
Dewar
6,000
Lester & Co.
Davies
6,000
Co.
&
42,500,000
--——4-:
Insurance
Shellcr Manufacturing
2,000
2,000
Corp.
6,000
& Co.
Hill Richards & Co.___
Hope
Securities
6,000
Eichier
Bateman,
7
;_7__—____
_______a--
—See
2,000
Co
&
50,000^000
i
Y.
N.
-
2,500.
2,500
8,000
Wesley Hall & Co.__-._-.
William R. Staats Co.___
Swift
F.
of
England Mutual Life Insurance Co.__—7——7—~.—_'
New
3,000
Co.-
Henry
10,000
&
Co—/______—_$100,000,000
/ Provident Mutual; Life Insurance Co.
3,000
10,000
$929,105
and depletion—
Net
—V.
Co.__
through Morgan Stanley &
dated Oct. 1, 1948, due Oct.
Co.—_
Co.
Life
Mutual
Assurance
v" Carnegie)
3,000
3j000
Co.___—
Co.—_____
Co
987,160
for Fed. inc. taxes
Prov.
&
Sutro
&
&
Co
$1,184,235
170,668
Depred.
Reed
Insurance
Insurance
Travelers Insurance
4,000
First California
_—L___
charges
Interest
Northwest
Raggio
Davis, Skaggs
Securities
Life
Life
Life
Sun
5; 000•
Schwabacher
and taxes—
earnings
Cost. exps.
Mason
25,000
10,000
Beane_
Smith, Barney & Co._
•/'
1948—12 Mos.—1947
1948—3 Mos:—1947
Period End. Sept. 30—
Gross
Co.;
&
$250,000,000 Bonds
—
placed at par with the follow¬
were
Insurance
Life
Northwestern
5,000
Ripley &
Inc.
Earned
Mountain & Pacific Co.—Earnings-
St. Louis Rocky
Mutual
5,000-
Harriman
Co.
announced Oct. 25 that the
was
Prudential Insurance Co. of America
5,000'
E. H, Rollips & Sons Inc.__
Shuman, Agnew & Co.——
York
New
of Shares
Co._______ _44,000
Witter
The bonds
1, 1968.
Metropolitan
Number
/
,
It
—
ing insurance companies.
follows;
Inc.____-.____ 46,000
is acting-'
Linder
F.
.
'
y
>
■
as
&
.
below
are
Petroleum
Caribbean
company has sold privately
Co. $250,000,000 4% bonds,
the
Dean
a
not to declare the dividend normally
the common stock "owing to. various/
factors
particularly 'the wildcat strike of
-brewery
drivers which has been in effect for approximately
twoweeks and the uncertainty of the length of the period of the con¬
troversy/'
Previous payments this year were as follows,:
March 1,\
25 cents;
and June 1 and Sept. 1, 12Vz cents' each,
In 1947,/, the;
.company disbursed 25 cents per share each quarter, and a 'year-endextra of 25 cents in December.
7:/7/' 7' 7
7'//77:'''
7/7
The directors declared the usual quarterly dividend of $1.12 Vi; per.
share on the 4>/a%
preferred stock, payable Jan. 3, 1949, to holders
of record Dec. 10,
1948.
;
.
>• ■ • s - r ,*■; *
A.
A.
Brennan, Secretary, states that sales are currently running,
The
each
by
Number
Maxwell, Marshall & Co._-_
Sales
Dividend—Current
Common
Ago— %/;,
'"
$1,510,462
500,000
share—$0.4.7
common
$271,546
Omits
■
Year
$1,484,465
500,000,
sale of properties in 1947
sale of properties amounting to $22,624.
"Includes
a
.
$343,700
outstanding
shares
purchased
and
underwriters
several
of Shares
Corp.
Months Ended Sept. 30—
9
the
of
names
number of shares to be
respective
Stone & Webster
r
*
the
12
months
ended
Aug.
the gross operating revenue of
sale
of electricity,
31.2%
from
of
Elworthy & Co
Ruppert (& Subs.)—Earnings—
(Jacob)
Shell
Placed'Privately
busi¬
and in the steam-heating
in the City of San Diego since 1920.
31,
1948,
approximately
the company was derived
from
the
the sale of gas, and .5%
from the-sale
of steam. ■ During this11 period approximately r59.0%
of
the total electric, 75.7%
of the total gas, and all of the steam
operating
revenues -were
derived
from
sales
within
the corporate
limits of the City of San Diego.
' ■
-
cents per share,
to 60
1948
-
took no action in respect-to -dividends on;
the prospect of large capital expenditures
business, Pierre Rolland, President, stated.
25
stock,
directors
The
the
lias
Company
1905
Blyth & Co.,
Dividend—
Co., Ltd.—No Common
Rolland Paper
other communities
been engaged in the
Diego and
of San
County.
business since
grs
limited area
a
During
,
68.3.',r
"
The
in
ness
the City
Diego
San
and
electric
in
customers
western
in
'1
•
naval
and
will continue as a di¬
but
to .illness,
due
year
■'
rector.
Monday, November 1, 1948
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(1804)
at
selling '
governmental,
and*
south¬
whole-"
gas
military,
dividend of 50 - cents i
outstanding, pay-;
Dec." 15 to, holders of record Nov. 23." A similar, distribution was
made, on .Oqt. 1, last, which was the first payment since Dec. 10,- 1947,
when 30 cents was disbursed." No other common
dividend was paid;
last year.
!
- •,
The usual
quarterly dividend of $1.12V2 per share, on the $4.50'
cumulative preferr2d stock was also declared; payable Jaft. 1, 1949/ to
holders of record Dec. 15, 1948.—V. 163, p'. 1150.
^
The
per
directors."on
share
on
the
Oct. ,26
1,726,926
declared
shares
of
a
year-end
common
stock
able
.
,
Net profit
fbefore. prov.
for
Federal
income
taxes)
4
$1)648,417
Net
profit
Common.,
io
surplus.
dividends
$1,434,377
538,350
461,350
$1,110,067
$973,027
298,108
298,108
$1.86
$1.63
Provision, for Federal, income taxes
-
(cash)_^._.
.—___
——
.
,
Earnings pet common
share—
(Continued
.
on
page
49)
Volume
168
Number 4747
THE
COMMERCIAL
&
FINANCIAL
Stock Recoid «»
$ per share
t per share
66ft May
90
87 ft
Jun
5%
13 ft May
63% Oct
78 ft Oct
14
3 ft Sep
10
45ft Feb
11
55ft Jun
14% Feb
11
23% May 15
46'% Jan 27
Oct
18%
Oct
1
May
30 ft May
6
May
55
Jan
42
Apr
Oct
28ft Feb
10 ft
Feb
7ft Feb
Feb
21ft Sep
28
Dec
100
112
Nov
Feb
3%
Dec
6ft
Dec
31ft
101
Feb
16ft
Jan
75
Dec
102ft
Aug
2% May
25 ft May
5%
56
76%
28
Feb
44
Jan
65 ft Oct
4ft May 20
21% May 21
80% Jun
2
28
2ft Mar 15
Feb
37
Nov
48 ft
27 7/8 May 15
108
May 18
26
3
Feb
Feb
4% May 15
58 ft Oct 23
10
Oct
69
75
7
May 13
27 ft Dec
00 ft
104
Nov
10 ft
29 ft
xl71
36 ft
May
Jan
39 ft Mar
Jun
99 ft
24ft May
Jan
Mar
107
7
Dec
31
65ft
Dec
May
9
36
91
98
8
Sep
83ft Feb
9
121
28
52
6ft Oct
Apr
16
,
10
Mar 22
68
Jan
58ft Feb
9% Mar 17
Feb
x35ft Mar 19
Nov
103 ft Oct
50
"7%
Mar
76ft Feb
Sep
Dec
163 ft Oct
6ft Jun
May-
54 ft
Feb
35% Oct
5
May
\ 115'/*
Jan
89 ft
196ft
28 ft
177
Jun
3
100 ft Jan 21
5
27
110
Feb
104ft Jan
28
110
May 21
Aug 23
56
Aug
41% Sep
15 ft Sep
28
51
May 18
26 ft
Sep
Feb
20ft Jun
28
Dec
24
Feb
Feb
13
102
Mar
86 ft Oct
14
94
48% July
118 ft Oct
33 ft Feb
10
38ft Dec
101ft
Dec
25 ft May
16
Dec
2
6%
Jun
Dec
86
94 ft Feb
Jan
46
3ft May
13
16
26
Feb
5
6%
2
,
Jan
Dec
25 ft
Dec
101 ft
Feb
52 ft Oct
42%
Apr
5ft May
Feb
9ft
Jan
6% Mar
Oct
55
■4ft Oct
18
10 ft
Jun
25
53
11
26% May 20
Jan
13
Oct
6ft Feb 25
88
Apr
■10% Feb 11
14 ft
NOV
13 ft Jan
30%
Feb
Jan
95% Feb
Jan
Kid
15% Jun
27
14
19
5
Jun
24
3
108
Jun
Stores
3V4ft
No par
6ft
convertible
Amerada
Amer
American
31/2%
Airlines
cum
American
6ft
Brake
4ft
American
Amer
Cable
&
Can
American
5ft
non-cum
3ftft
18ft
28%
8 per share
147
Dec
14%
28ft May
7
Dec
11
July
24ft Mar
120 ft Oct
Feb
39 ft
1
6% Oct
Feb
16 ft
Feb
29
9
94ft Jun
.
1291/2
Feb
81
1171ft
Feb
72 ft Feb
8ft Jan
21
Feb
12 ft Feb
13
17
186
Feb
15 V* May
22ft
Feb
16 ft Feb
14
28
Oct
34
42 ft
Oct
38
Sep
27
46
Apr
46ft Feb
11
68
May 27
Dec
142
Dec
172
July
139
Dec
40
Mar
31
Dec
158
Jan
126
37
Jun
28 ft July
Jun
29V4
Jan
47 ft
Dec
116
May
18 ft
Oct
149ft
Jun
62
Apr
135
Dec
41ft May
xl 16% Oct
7%
261/2
Dec
Feb
Feb
60
Dec
120ft Aug
8% Dec
68 V2
-
40c
41
147% Mar 17
541/4 Mar 29
131
Oct
1
46% Feb
14
116ft Mar
7
Feb
6
11
.
10
5
120
104
Jun
103 ft
Feb
76 ft Mar 16
112
10 7/8
Jan
6
691/2
Apr
57
Sep
58% July
24%
Dec
9ft
Dec
16
Jun
6 ft
Feb
Apr
39 ft
Oct
For
footnotes
see
page
61
61
13
•*12
*12 ft
13
13
13
60'%
*12'%
37%
38
37 ft
38
371/4
80ft
80
165 ft
39
24%
24
38
*107
*90'ft
ft
24
108
*107
45',4
*87
•--441/4
*17ft
19 ft
87%
42'/a
*87
42%
*105
-
41ft
108
38
18ft
18 ft
16
2%
2%
68'ft
9
68%
9%
9%
58 ft
581/2
24 ft
58%
*47
6'ft
6ft
*80
*6%
89
Amer Mach &
3.90%
Jun
22
6%
Fdy Co com—No
preferred
13%
44'%
45
18
*173/4
18
87%
67
7%
106
Am
6%
6
*5%
American
7%
683%
38 ft
383%
24.
6ft May 26
3
43%
63%
4%
6%
7%
60ft
61
34ft
7ft
39 ft
38 ft
60 ft
60'%
151
34ft
*34
128
40
100
Works
Woolen
152%
152%
common—___25
64
132
152 ft
64V4
100
132'/a
common—14
*68'A
—100
*116 ft
Co
117
Inc.—
5
common—No par
100
25
8
*98ft
99
*88
*59
Products Co
Inc
Archer-Daniels-Midland
63 ft
19
10%
,
10%
10
91ft
91%;
91
83
152?%
64'%
132
132 ft
68 3/4
68
68 ft
116ft
117
,
26%
1523%
63%
64%
68
8
99ft.
*58
37%
38»%
37 ft
38
37
37
36 ft
373%
36'%
373%
36
lo
28'ft
28%
*10%
27;
100'%
52 3%
27%
12
28'/4.
*107(8
5
.27%
27 ft
100
.:*4%
:
28
12
t
5
28
273/4
*100
28'%
100
52
27%
28
ft
12 ■':
28
*52'%
273%
5
V:
ft
*10
*4%
—
27 ft
; ;:!
300
♦38%
*38 V2
39 ft
800
123 ft
124 ft
*1241/2
125 ft
1,200
152 ft
19
;
187/a
1523%
633%
133
69
19
152%
64'%
132
♦116'%
i
1,300
v
153
633%
Y
200
23,200
6 4'ft
7,800
820
69
3,000
♦116'%
117
133
68'%
3%
132'%
117
190
x7%
7%
73%
7%
5,300
41ft
42'%
41%
42 ft
27,300
100
*991%
100
♦84 ft
96
7'%
59
27
101ft
52 ft
*11
7ft
8,660
31ft
24 ft
15'%
96
*991%
59
_20
;
8
42'A
*85
*58'%
116ft
800
39 ft
69
69
150
35 ft
303%
*
4,700
Y
128
.7; *24
ft
250
,
15 '/a
*18%
132%' 133%
42
*521%
*35
*127
123'%
58'/4
52'ft
35
128
38i%
1523%
>
40
60 ft
150 ft
15
19
8,600
/
1,700
593%
24i%
8%
73%
40
31ft
*123
10
7%
27
150'/a
24'%
38 ft
2,900
38,600
60 3%
35
3,300
;
153%
151 ./
30%
42%
96
40 ft
:
168
7ft
•127
128
116ft
100
40 ft
17,600
;
.
823%
15'%
267/a
*15%
7%
100
343%
82 ft
7%
593%
150
10 ft
91 3% ( v
273%
23'%
58'A
27
5
40'%
700
10'%
*163
29%
42'%
*85
7ft
27
1,100
;
903%
151%
29%
8%
•y
7%
27
>
S
168
300
•
:
7%
31ft
V
83 3%
14%
132
*7
/
233%
43%
96
82 ft
*163
6,000
,
313%
10%
92
*15%',. 15'%
7%
*85
15%
168
343%
99'%
,
83'%
14%
ft
220
1,600
33%
*128
v
7%
*18%
1321/4
117
130
6,100
7%
33
31ft
59'ft
38%
ft
27%
152 ft
64'A
:
*7
41 %
101 ft
-5
153%
343%
for
Shares
80
7%
♦31
73%
52'ft
No par
124'%
/'
130
Sales
the Week
15
♦79Va
/
7%
7ft
*100'ft
!_
*123
19
333%
128ft
/::■ 14 ft
8
31ft
7'A
214/s
Corp-*,-
30 ft
39 ft
',:■
34
80
73%
;.
*127
39
19
■
7%
No par
Co
Oil
v:
98
7'ft
38'ft
Mining
*116'%
45%
36ft
preferred
68
8
441/4
50
&
64
131ft
69
Wire & Cable
No par
Anchor Hock Glass Corp com—12.50
Clayton
19
■
Friday
I per share
14%/
\
•79
8
6OV4
39%
19
400
Oct. 29
I per share
♦14?%
;
150'%
39ft
18%
14%
60'/a
39ft
Tobacco
32%
*39
39'ft
5
.
150'%
128
30
Thursday
Oct. 28
61
34%
*126
124
105
151
151
Refg common—100
Tobacco
104'/2
7ft
15i%
124
*103ft
267%
243%
124
104'%
7%
*23ft
*122
4,500
•103 ft
27%
*27
*15Va
preferred
W
7ft
28
15%
__100
213%
*165
24 ft
Anaconda
P
*126
153%
30%
$5 prior conv preferred—
Anaconda Copper Mining—1
A
34ft
128
831/4
; 168
15'%
Sumatra
Copper
151
21ft
31ft
29%
$4 conv prior preference—-No par
Zinc Lead & Smelt com—_1
$4
60
152
22 ft
128
107/a
*151
700
213%
8
91%
7%
17 ft
22 ft
80
10%
39 ft
13 ft
17 ft
80
913/a
.;
90
13 ft
Y 143%
7'%
823%
600
173%
j per share
31
.15%
*80
,
6,500
63%
13%
?■•/;:■ 8
10%
*165
90
25
13%
32%
7ft
*80
—
1
♦17 ft
128'%
31
15%
*6 ft
80
*23%
Amer
Anderson,
32
48
243%
6%
8
128'%
165
24%
Oct. 27
15%
preferred
Am Water
32
130
3,300
♦47
6%
Wednesday
15
;
300
4%
4ft
49
HIGH SALE PRICES
24ft
American Viscose Corp
American
8
38 ft
2,000
22%
*103ft
ft
91ft
*34
preferred
5%
14%
so
6,900
38'%
%'f.
17'/4
t per share
8
4%
14
2,700
91/8
171/4
Tuesday
15
65
55
24%
*13'%
Oct. 26
80
2%
83%
6ft
14
700
1,900
12,600
38%
43%
*47
90
400
16ft
52 ft
24%
6ft
*80
'>Y
/W'-v'YY
62 ft
9i%
400
1,500
56
*38 ft
43/4
90
82 ft
27YY
Y 6
2ft
67 ft
9ft
17,200
>y:
37 ft
6
23%
>.
56
48 ft
24 ft
6%
:>
38%
*47
24%
6ft
90 ft
,■■:■■
41%
103 ft
37
6
66 V2
9%
58
*38 ft
48 ft
24%
30%
Anderson-Prichard
34% Jun
4%
*47
24%
2ft
68
9'/4
58
82
7ft
*5%
2%
68
93%
58
301/4
Andes
2
2'/4
68 ft
9%
58
*23%
20
19
68'%
10
583%
*15 %
11
Oct
2%
82ft
27%
6
37
*18'%
_No par
16
4ft Mar
*53%
40%
103 ft
41%
105
36
300
1,400
87%
♦16
91ft
40ft
40'%
*10234
19
91%
27%
4P/4
37 ft
*87
16
7'ft
*39'ft
873%
16
32ft
15
♦87
700
17'%
19
19
7'ft
165
17'%
18 ft
16
10 ft
15%
43 ft
18ft
19
32ft
165
43 ft
2,300
193%
19
7
*82
44%
16
11
*126
American Tel & Tel Co
American
31'ft
*128
2,000
19 ft
32
100
preferred
American
32'ft
24
108
16'%
2'%
10"%
—_—25
American Stove Co
Jun
27
com
par
100
—
Foundries—No par
Stores Co
No par
107
Apr
_5
7%
130
151/4
Steel
American Sugar
*31'ft
*127
*162 ft
7%
par
14ft
300
24
*107
19'ft
105
*79
90
16
2'%
250
90
*'"
16 34
I per share
8%
7,100
166
36%
20
*13%
15
82i%
817/a
•164
19
105
371/4
6ft
*80
*104
80
8'%
par
—_No par
Co
preferred
non-cum
American
60 ft Jun
*36% Jun
14
Razor__'
Ship Building Co______No
Smelt & Refg common—No
7% preferred
'American Snuff Co
14%
*79
100
ft
2
Mar 17
40%
*102'%
38
90
I per share
7
San'y com—No
5
8
42%
104ft
38
3,800
87%
*87
103%
Oct. 25
*31
No par
preferred
ft Jan
14
87%
4,300
4%
18 ft
18 ft
40%
Monday
No par
-——No par
—
38
3
*87
43
300
6%
4'%
24 ft
♦17'%
200
104
6 3%
108
*44
ft
260
4,000
36 ft
91
24
2,600
37i%
•1033/a
37
*107
-
13
37
82'%
*90
24'A
♦12ft
165'%
36%
1,800
Y
61
67%
43%
813%
4,200
32,400
25
61
104
<
7ft
52
25
37'%
165
108
19 ft
*80
13%
*104
—1
—
com
No par
preferred
451/4 Jun
9
Co
Light
13
18 ft Feb 11
com_No par
100
10
Sep
46ft Mar
100
Molasses
&
par
No par
News Co
Power
Amer Rad & St
2
24
24'A
*107
44
gatwrday
preferred
Amer
ft July 28
8ft Jun
24%
108
18
Oct. 23
American Metal Co Ltd
10
56% July 28
91
LOW AND
STOCK
Amer Machine & Metals
9
9
91
82
165
19 ft
48 ft
24%
92 ft
44
43%
49
37 ft
81'%
18
4%
24ft,
37
24
44%
4%
ft
165
19%
4%
*47
43%
81%
*107
38'ft
*18%
.
16 ft
6 3%
4ft
*90%
105ft
6
6%
V1 43/a
165 %
38 ft
*
1,900
2,000
373%
7 Va
13Va
*103%
63A
37%
108
38'ft
*6
1033%
80 ft
92%
ft
37
4 ft
48
52
52'%
'25
*
61
37%
103%
1651/2
38 ft
105%
38%
V/ 16
80ift
166
39?4
Par
11
Jan
3%
60
105
Feb
98
Jan
Apr
243%
60
*38%
100
ft Oct
111% Mar
Nov
60'ft
39 ft
1
preferred
25
Jan
46ft
60 ft
*103'%
7ft
30
Dec
51
14ft
25
22
30ft Feb
38 ft
101ft
24%
22 ft
May 19
41V4 May 27
35
Mar
24
Jun
8% Apr
21
17
Mar
71ft July
36 ft Mar 17
Feb
May 21
68 ft Jan
144
95
Jan
5
158% Jun
Oct
42
25'ft
52
500
4,600
108
37 3%
7ft
25
166ft
4 'ft
*44
107ft
39
7'%
25 ft
1
common
37%
7ft
25'ft
*38%
100
4%
48
107ft
52
223%
Safety
131ft July 15
20% May 25
Feb
Nov
'ft
67%
No par
4%
*45
107ft
52
91
24
29 ft
52
91
1
29 ft
52
13'A
38ft
50
303%
52 ft
38
2ft
com
88
39'%
'7'/»
200
10,200
33 ft
87
30
107 ft
39
7%
5,600
83%
33 :■„/
52
10
com
Seating
11
40
32i%
Y
'
7'ft
1,400
32
♦81
89 ft
4%
107 ft
2,200
2,200
193%
28%
•88
48
*45
17 ft
American
22
27
Apr
24ft Jan
30ft May
36 ft Dec
30
■
18
50 7ft
'
39
7ft
47
107 ft
19%
61
*60 ft
par
Amer
9
1101/4
May
42
7ift
4%
5
*45
107
17ft'
26
Jan
5% May
62
48
107
17 ft
12
Jan
13
17% Aug 18
82 ft
30'/4
14
25
35ft Jun
13 ft Oct
Oct
174ft
140
'34ft Feb
v
116ft Mar 15
163% July
30%
40
18
preferred
American
35ft May 18
15
221/a Mar 12
9
163ft Jun
27
Feb
20
31%
4ft
17 Va
27
May
90
-
146ft
Oct
25% Feb
Feb
Jan
12% Jan
Mar 19
25% May
176
Mar 10
32
May
31ft
4ft
106ft
19%
No par
$6 preferred
20
34
31%
4ft
14
$5
May 14
May 14
16% May 21
21
21
31%
V
22%
95 ft
7ft Oct
23'A
89
17Va
86 ft
11,
162% Oct
.
33%
89
231/8
American
Oct
136 ft
33%
89
*45
*19
preferred
Locomotive
American
Feb
70 ft
34
89
17%
2
16%
48 ft May
33 ft
89%
23%
10
Aug
Jun
33%
33%
*S8'ft
American
341/4 July 8
11% Jun 24
10
28
Dec
Dec
33 ft
*82
*18%
25 ft
25 ft
EXCHANGE
May 27
35
July 9
135 ft July
6
22
Feb
6% Feb
Dec
9%
323%
82%
*17%
Co
Leather
NEW YORK
10 ft
14
85
lift May
82?'a
83
American International Corp_No par
American Investment Co of 111
1
9
21% May 24
30
76 ft
170
32 ft
83
_10
8 per share
5
6ft Feb
t 32'ft July
Dec
8%
13% Sep
79 ft Feb
Feb
15 ft
x25ft May
127
Sep
Jan
101
Dec
32 ft
*44ft
American Home Products—_■
Range since Jan. .1
Highest
8 per share
Dec
32%
No par
No par
Lowest
Highest
Jun
7%
32 ft
7%
*165
~
80
29'%
32%
*82
4%
No par
Co
29
32%
33%
53
No par
non-cum
29'%
32'ft
4ft
$7 2nd preferred A
Ice
7%
9%
190
•18%
28 3%
4%
$6
6%
29%
*29 %
42
*52
98 ft
9 ft
190
*18'%
4'ft
l
9%
192'%
19 ft
4%
Foreign Power com__No
American
19%
9%
29'ft
4%
20
*94 ft
»94i/2
191
*18%
6%
10
98 ft
98'%
19'ft
103%
com
200
29 ft
6 3ft
10
5,600
•70
19'ft
103%
100
200
30%
107'%
9%
6ft
com
71ft
30 '/a
107'%
193%
1
preferred
*94i%
71ft
31%
108'%
9%
103%
No par
3,900
30%
192 ft
6ft
Co—
553%
*107'%
93'4
*103%
100
553%
*29'/a
89 ft
41ft
80
25,000
ft
83 ft
260
3ft
29'ft
*82
1,400
3%
56
•70
3,500
163%
69
31'A
194 ft
6ft
Encaustic Tiling
conv
98 ft
*9%
193
6ft
No par
70 ft
16 3%
3ft
55
7 3%
♦67
■
192
1
preferred
American Hawaiian SS
6ft
19
*94%
9ft
3:,%
10,800
105
3%
3%
108'%
31
*1071/4
1031/4
No par
&
9ft
191'/a
56'%
70'%
31ft
3%
3%
551/4
-
110
131/4
preferred series A_100
American Hide
9%
191
*681/4
25
preferred
$7
31%
*107'ft
98%
1031/4
Inc.
American European Secur
American Export Lines Inc
Amer &
31%
108 ft
*37%
Distilling Co
American
9%
100
Cyanamid Co
conv
31%
108 ft
98'ft
3'%
3%
71'ft
*94 ft
109
*189
*69
100
Colortype Co
Crystal Sugar
prior preferred
American
32
72
No par
Cable
Chicle
57 ft
57%
1
:
&
57'ft
57
*70
4%
Radio CorpCo common
Chain
17'%
67
3%
2,600
14,600
23 ft
*100
17
3%
100
18 ft
23%
105
65 ft
47
Co
24
♦100
17
108
com__
23'%
105
67
108
American Car & Fdry com
7%
preferred
American
*101
17
*44
Co
24
23%
105
67
50
preferred
*100
3ft
Corp
No par
Chemical-No par
Broadcasting
American
7ft
Shoe
*35'%
17%
35%
17%
17'ft
31ft
preferred
conv
35%
17'%
68 'ft
4%
Corp class A__;
35%
3,900
43
3%
*30%
50
Bosch
*40
68 ft
1
preferred
17%
,173ft.
24%
800
43
3ft
No par
10
17'%
*41
68 %
32%
-1
24%
105
3% *
34 ft-
100
36
68%
3ft
83
common
43
35 ft
16%
34
preferred
"41 ft
'
17%
83
common
conv
37
17%
32ft
Bank Note
44
3634
3 ft
100
preferred
Petroleum
Agricultural
44
3'ft
par
com
45%
19%
37
1,400
53
19 ft
3'/a
common.No par
Alpha Portland CementAmalgamated Leather Co
53
20
24 »ft
58 ft
29 ft
100
53
19 ft
70
*191/4
preferred
53
20ft
18
-
No par
____
53
20ft
*10C
72
5
_
53
3ft
*106ft
*94 ft
3%
53%
STOCKS
Year 1947
6 per share
24 ft
A.
3,500
85
33%
20%
*44
105
*70
32
ft
Shares
69
♦80
3%
20%
17'ft
23%
1
Dye
Corp common.JJo
conv
Range for Previous
Lowest
&
Co
4% preferred
Allis-Chalmers Mfg
13
26% Jun
18% Mar 17
116
Chemical
Allied
5
8ft May 21
92
16
No par
gtd__100
Allied Mills Co Inc
12
Jan
preferred
Industries Inc
Allied
Allied
24
77% Jan
20% Feb
106ft Mar
9% May
14% Jun
431/4 May 17
7% Jan
5
46
90
12
May
18% May
102
Dec
4
29
Jan
x34ft
Apr
Allen
3
Jun
22ft Jujy
6
May
conv
American
Apr 15
4ft May 15
89 ft Jan
9
37 ft Jan 20
49
$4.50
Allegheny & West Ry 6ft
683%
85
3%
53'ft
17%
57%
69
*80
3%
20%
17'ft
preferred A—
100
$2.50 prior conv preferred_No par
Allegheny Ludlum Steel Corp_No par
51/2%
68 3%
85
the Week
$ per share
53%
17V4
3%
69'A
3%
for
Sales
Oct. 29
t per share
20%
17 ft
*68%
common
68 3/4
"801/4
4
Friday
Oct. 28
$ per share
53%
,<
37
24%
Thursday
Oct. 27
85
37
ftOO
PRICES
Wednesday
69 ft
*3%
37
1
preferred
69'ft
*80
46
100
41/4%
common
Allegheny Corp
25
May 21
20ft
*17 'ft
41/2%
19
July
7ft
74 ft
37
100
American
7% May 20
19 ft Oct 26
27
lft Sep 20
62 ft Oct 29
Ry
Mining
Gold
American
14ft Mar 16
Feb
115ft
Jan
No par
Vicksburg
Inc
Oct
49 ft
1
Inc
54%
20%
71'ft
*44
5
Aldens
3
107 ft Jun
lo
*53 ft
3%
16
14 ft Sep
17 ft July
20 ft July
Dec
11
Feb
25
&
Jun
43
,_1
Corp ——No par
Juneau
15
22ft Jun
Dec
;88
4
10
69'ft
SALE
1
i per share
85
4
4
10
14
49 ftJun
July 19
18ft Mar
Feb
24
92ft May 14
18
36
■
Alaska
3
9ft July 28
6
94
105ft July
47 ft Oct
Alabama
Amer
Jun
*80
4
Corp
43% May 15
111
85
,
Reduction
American
6ft Sep 21
3% Feb 11
Feb
99
20 ft May
Air
May 19
14% May 14
23
72 ft
Addressograph-Multigraph Corp
70
Feb
*71
HIGH
Tuesday
Oct. 26
t per sh(ire
*811/4
2.50
Express Co
Admiral
8 per share
No par
Co
Adams-Mills
Mar 22
29% July 13
9
Oct. 25
No par
com
Co
Motors
Steel
Adams
,
2
47'ft Sep 28
18% Mar 9
166
18 ft
Jan
May 21
ft Jun
9
Jan
*
110ft
3ft May
75 V* Dec
Acme
3
17%
Dec
19
Jun
50
20
37% Oct
Mar
3
31ft Oct 20
6ft May 17
18
45
Jun
42% May 27
84% Sep 28
4ft Oct
30
77ft
Mav
107ft
11
27
Dec
80
May
Mar 24
25 ft Mar
May 17
34ft May 20
37% May 15
Dec
11%
Dec
20 ft
Feb
81
Apr
50%
50ft
lift Jun 14
21ft Jan
8
31ft Sep
Feb
61
73
34ft May
Mar
Apr 23
198
20
Jan
8ft
96
3
Sep
25
Oct
35
5ft May
46
Mar
28
105 ft July
42 ft Oct
91
2
8ft Sep 20
18 ft
Oct
Dec
30 ft May
Mar
Monday
Oct. 23
Straus
&
ACF-Brill
May 24
Feb
90
'■
May 21
109
Nov
12%
30
".■V
34
24
90
,22ft
May
May
18
28
Apr
Nov
202
Dec
164
24% Feb
103 ft Sep
:
■'■'YYYY
Abraham
1
41ft July 27
181/2 Oct 29
Mar 11
ft Sep
14% Feb
Abbott Laboratories
2
May 14
6% Jan
9
10
38 ft
79ft Jan
13
25 ft
Saturday
Par
100
6
40 ft
LOW AND
STOCK
$ per share
Feb
60
38
8 per share
YORK
EXCHANGE
Jan
10ft
Apr
NEW
Highest
July
110
Dec
43 ft
Range since Jan. 1
Lowest
Highest
Exchange
FOR EVERY USTED ISSUE
STOCKS
Year 1947
13
WEEKLY VOLUME OF
YEARLY RANGE OF SUE PRICES
Range for Previous
(1805)
York Stock
DAILY RANGE OF PRICES
Lowest
CHRONICLE
7%
*57%
993%
993%
*84
7%
600
86
73/a
7ft
2,600
59
58
58
37%
37'%
37%
37 ft
373/a
18,300
36%
36 ft
36%
36 ft
36%
1.200
27i%
52'%
27%
12
5
263%
27'%
27'%
100'/a
100
100 Va
*100'/a
52'%
52 ft
26 ft
27 Va
*10
ft-
*4%
27%
27 ft
.
5
273%
1
1,100
26%
:
:
52
263%
8,300
♦10
-
230
101
52
:n
27 ft
110
■
•
,.4%
27'ft
.
130
12
:
4%
200
27 ft
1,600
mm
14
COMMERCIAL
TIIR
(1806)
Highest
t per share
t per share
103
37 %
Feb
25% Feb
11
32% Oct
109%
Feb
90
Feb
17
101% Jun
15%
Oct
7% Oct
1
Jan
77% Sep
130%
Dec
Par
106
30
Jan?
;
4%%>
J-un
55
Jan
41% Feb
10
110
Feb
88
Jan
29
99% Jun. 14
19
10 V* May
17%
Feb
13%
20%
Feb
115% July 12 :
2
Feb
14
Jan
Sep
14
$4
Arnold
9
Artloom
19
111
May 10
106
July
99
Dec
132'/a
Feb
99
Dec
134
Feb
94
Mar 12
25
Dec
34
Sep
26
Jan
5
66
May
99
Jan
11
120% Sep ?
x98
Dec
112
3
10.7% Jun.
35
Goods
Dry
6%
7%
9
1st preferred—
2nd
preferred
Atch
84
Feb
Feb
96
Mar
18%
Feb
14% Feb
11
19% Jun
Feb
45
Feb
24
62
July 14
Atlantic
Coast, Line
48
Oct
Atl
W
40Va May
23%
(
59
Jun
34%: Feb
62-
Jan
77
6'
25% Jan.
Sep
66
•<
'
A
50 Ve
Dec
30
Feb
21
Nov
113% Sep
102
Feb
9
Dec
105
Aug
91
Feb
21% May
26
% JU}y
20
Feb
40
Apr
57.
Apr
73
111 Va
Dec
121
JUly
July
27% Jan
22 Vt Mar
23
78% Mar
10
91
;
Tdpeka
5#>
3
30%
31%
97
97%
83%
83%
83 %
54
54
53%.
54
53 Vs
53%
94
94
94%
94
94%;
111%
111
111%
16
*15
16 %■>
*15%
16%
111
*15%.
110%
*15
15%
16%
16
106%
100
99
*98%
*118%
118%
*10238
103
19%
19 Va
Nq par
57%
46%
48
77
77
52%
*94 Va
94%
110%
109%
16%
*15.%
14% .".•15 %
15
16 Va
15
105
99
99
30%
.
1183;
117'
118
102:,4
102 3/4
102%
17%
17%
17%
57 Va
58 Va
58%
9'
4%
May 22
Jun
99
Refining
400-
19,300
82 V4
1,100'
52%
82
2,200
94 "a
180
109%
510
16 Va
*15 Va
*15%
..
15%
15%
900
15%
15%
15%
5,700
1,750
105
*103%
105
'
:
52%
94%
..
,no9
16%
15%
106
99 %
95%
99%
*99
1)9'
260
30%
30%
'30%
30;
1,500
115
102
112
114'/4
102 %
xll3%
102
1021/a
8,100
112 Va
102
102Va
•
17
'•
1,100
.
58 Vb
58%
4,700
46 Vb
47-1/4-
45
78
77
583'a
47V4
78
16%
58:,4
5,100
46
7,900
17Va.
58 Va
16%
45%
17
58 Vb
58%
111
j
17
.
8
99-
Sep
Oct
Atlas Powder
Apr
16
Jan
9
4Vo
24% Jan 20
Atlas
114
27
20
Atlas Corp
19-
5% Mar 12
Feb
13
Dec
18%
Feb
17%
Dec
29%
Jail
15%
Dec
27%
Jail
12% Sep
9
19'% Jan
8
Feb
4% Feb
26
7% Oct
26
13
Jan
26
16 % May 21
8
% Sep
28
19
Jan
Conv
_100
94 %
94%
93 Va
94%//
93 Vb
94%
22%.
22
Va
22 Va
'22%
2).%:
?2 %.
21:7 b
22
■
57%
57%
57%
58%
59
"lOO'b
101
Co
Automatic
/.
.
..
44%.
44
43 3 a-
..
109
108 Va
v
V
44.
42%,
' 7%
:
4% May
Mfg Corp
:
49
Dec
Feb
35%. Jan
22'
46
Jun
2
May
13% Feb
11-
16% Jun
3
57%.
100 %V
101%
101 '/a
*20 lb
23:%//
*20%
22 Vb
*20%
27.
17% Jun
3
Baldwin
900
43%
43
11,600
360
108
107 Va
93 Lb
93 Vb
93%
93%
330
213/4
21%
21%
21%
4,000
61
69 Va
GOVt
2,410
i.100%
lOOVb
22%
6 Vb
6 Vb
63»
6%
G.V'a
6 Va
*14'a
14 Va
*14Va
14%
14Va
14Va
9Vb
*9%
13%
13%
Z
14 Va
9%.
9%
13 3 i
3
7V4
73-a
No par
*451/4
45%
common,
preferred
conv
:
59 Vb
100%
*13%:
Babbitt (B T). Inc
$2.25
44
76 '/a
.*72
107%
:
63/b
-
5
Amer
94
*93%
58J/4
5c
•:
(The)
77'/4
*107
1081/4
91
*
a
13 Va
/
.
9%r
6
13%
7%
7%
45 Va
45 V;
:
9
13% :
45V4
100
6V4
6%
14 Va
14 Va
,
,
.
.
•
900
„
500
1,300
9'/4
9
9
13%
180
22
*20Va
-
14%
*13'a
7%
71/4-
v
45 %
45%'
■
6
*137a
9%
9'/4
13%
20%
20'/a
1-3
../
133«
-
400
,
"
7%.
71/4-
•
100 Va- 7
100
Vb
'
Aveo
Va
43%-
43%- :
107%
IO91/2
20%
6%>
*14 :/
—No par
57
102:
*20%
No par
of
Co
45
*100
100
:
:
■.
Canteen
80
? 77
'
prior pfd ($1.20)— No par
Autocar
10
10s %
Tack.
Austin
9% May 21
12%
78
109 Va
___No par
Corp
Nichols common.
•47
44%
5
preferred
.conv
46 V 2
*771,4
109 Va
:
common
47% '
A—100
common
:
46%
100
—25
_
preferred series
Preferred $3.75 series B
64 Va
48% Aug 27
Common
preferred
conv
25 % May 21
11
Lines
I SS
non-cum
Atlantic
July 12
114
G &
5r!o
5
5% May
36 %
5
110
V
15
16 y.
105
99 Va
%
117%
%
30% ,30%
31%
X17V4
8%
'
*15%
104 Va
■*102%
■
*52%
94 Va
110
Vo
31%
58
1
99 Va
31%
.31%
53
%■
30 %
96%
8%
*•
83
23.300
29%
,1
3%
•83
Shares'
90%
30%
5%
the Weekt
share
t per
97%
97
83 Va
52%
104%
16
v23%
8%.
*94 Va
110%
15
16%
*104
83
.*15%;" 16 Va
16%
106%
*104
com„100
—■—10o
:
8%
83 Va
*31%
RR
30%
97
,
8%
83
10
preferred-;
8%
<93
common—1
%
100
—_—100
Inc
8%
30
97
8%
83
5
._
& Santa Fe
non-cum
T F
32%
97%
8%
fort
Sales
Oct. 29
Oct: 2H-
t per share
"
Mar
•
105
31l/8
2
31 %
97
Co
Investment
10 V\ May
24
32 Va
Friday
Thursday
f per share
$ per share
97
10
Associates
JUn; 11
t per share
PRICES
Oct. 27
-
8''a
:—No par
Corp—
SALE
Wednesday
Oct. 26
32%
Carpet Co Inc———No par
Associated
May 27
16
Feb
Constable
2
12% Mar 16
—
HIGH
Tuesday
i
96%
No par
coin—.—No par
—No par
Co
■
5
com
preferred conv—
17% AUg
12% Mar 12
100
Cork
preferred
18 y2 Jun
5
*
Dec
$3.75
t per share
prior preferred
Armstrong
AND
Oct. 25
10
100
of? Illinois
Co
$6 conv
56% Jun. II
Dec
&
com
preferred:
conv
Armour
9
9iy4
Steel Corp
Armco
23
25-
15%: May. 19/
38 V*
104% Mar
LOW
Monday
Oct. 23
tper share
$ per share
Monday, November t, 1948
RECORD
Saturday
EXCHANGE
Highest
Lowest
YORK STOCK
NEW
Range since Jan. 1
Year 1947
May
9% May
STOCK
CHRONICLE
STOCKS
Ranr«-ft>r Previous
Lowest
99
FINANCIAL
YORK
NEW
24% May
&
45%,/
71/4
45"/
:'
7%V.
v
7V'a
7 V*
/
45»/4
•
50,900
45
45
2,100
B
13
Dec
16
13%
Dec
24%
Feb
12%, Feb
Feb
10
1
*14%
15%
15
13
15%
15 5/ a
15%
15
1100
14%
14%
14%
preferred
100
Aroostook common—50
24 Vb
24%
24 Va
26%
*25%
76 V*
76 %
15
14'
141,4..
25%
23 Vb
24^8
25%
25:l
75
76%
15.
14%;
24%
25%
147q
15%
14%.
247it
26
14%
14%..
15 %
14%
15
76 Vt
15
'
15.
'
'
Mar 16
7% May
16%
11% May
25>/4
Feb
15% Feb' 11
9% May
16%
Fob
13 % Feb
69
Feb
60
16% July 13
29 % July 14
31 Va Jun 22
60-
~
42%
18
Jan
.
55%
Dec
Jan
28% July
May
10
Feb. 11
42
Sep
20% Apr
Dec
54 y4
Jan
37
Mar 24
20%
Apr
39%
Dec
31
Feb
8%
Dec
19%
Feb
24%
Nov
62
Jan
45%
18-
Jun
35%
Dec
83%
Dec
17%
Dec
110% Jan
20% Aug
96%
Dec
108 y4
Feb
9%.Feb
18% Oct"
Feb
31
8% Jan
12
Jan
Dec
40
Feb
Jun
39%. Mar
32% Feb
90
12% May
18%
14%, Feb
16
10% May
18V4. Jan
16% May
24'%
2
Bayuk
8
Jan;
,
2
34% Apr
Vb
'
'
14%.
15
15
13%
14%
,
:14%..
23V4
%
V-
24
800
14%
,
7.300
;i4%
14%
14
13%
Beech
8'
1
1
Inc
Co
Foods
51
50%
*49%
/ ' *24
*41
42%
*41
42%
41
41%
41
41 Va
20.100
11%
11%
11%
12%
12
18%
84%
18%
36
18%
36%
...
36
24%
18%
36
19
19%
85
19
*18%.
19
87
*85
87'
24%
■
*41
41
:
*
18%36%.
18 %
36
/*
85
*83%
18%
*18'/4
85
85
83
500
24 %
600
20
41
y
41
40%
40%
8,900
11%
4,500
;
*18%
'-/"
18%
*35%
'
85 Vb
36
*
83%
30
18 Va"
18%
800
84
120
1*82
83
2,000
;300
83Vb
•»,
18%
•
48 Va
'» /24Va
18%
85
%
120
-v.:
11
•
41'/4
12-1/4
18%
85
1,300
77
.
t
42%
40%
11%
36
12Va
18 Va
47
24 Va
42%
•.
*36
*83%
*85
19%
85
,
*41
18%
36
85 Vb
*83 %
47
8,600
25
*75V4.
♦'47
'
" "
49
23^4
23 Va
r
:l*24%'.
25
77
*75%.
25
41'
11%
18%
24%
V4 '
48
41%
.
—100
•
'
*31%
11%
11
11%
11%
'—50
;_
24 Vb
Va
77
25%
84%
I
RR
*75
*24%
*35%,
25
50%
50
L2.50
pfd.
:/
42%
11%
100
Mills) Inc—
25
/-/2a;
4
24%
41%
.
—No par
common—i
**
*41
1
pfd——
Creek
*50
5
1
/
-
1—50
;
Corp,
Becjc Shoe (A S) 4%.%
Beech Aircraft Corp
16
24%
—_L
Co._—
Works
cpnv
Beaunit
.
9
15%. Apr
11.
Oil
Cigars
3%%
.—.10
common
preferred
Beatrice
8
22 % May
Brothers
Iron
*75%
—
Oil
4%%
Bath
•
100
—10
preferredCorp (Delaware).
55c
Barnsdall
7
Jan
100
5
Feb
30
Conv
43 % May 15
Oqt 28
5% May
15
23 % Jan
5
30%
Jun
16 % Mar 31
13
29
Barker
44 Va May
80% Sep: 17
16% Mar 1.0
83
14
&
Barber
45
li
24*
common
non-cum
28% Jun
9
Ohio
&
'
4$.
Bangor
:
80% May 12
59
May 14
28«
Works
Locomotive
Baltimore
11%
v
*HVa
11%
*31 Vb
11%
33
*31%
33
*31%
35
34%
35
34%
17 Va,
17%
17%
17%
17 %
17%
14%
14%
15
15
*15
15%
14%..
14%
18%
18%
18%
19
*19
19%
19%
19 Vb
97%
*96
97%.
33
11%
11%
33
35
*31%
11V4
11%
33
1,300
33
*31 Vb
,
'
Oct
Jan
3?% July 23
i
Sep- 27
17% Sep 27
93 Va Mar 16
14-
95-
Dec
106% Aug
28
May
Sep
39% Feb
26
Feb
25%. Nov
13
Aug 1L
28%
Jan
21% Sep
103%
Feb
17%
2iy8 May
77%
Dec
74.-, Oct
'93
Oct
11
28
Beecli-Nuf Packing
20% May 21
19% Mar 22
Belding-HeminWay
24% Jam
2
Belt
103 Va Jun
15
38% Jun
Belf Aircraft
&
:
l
—1
Corp—
Howell
4%.%:
10
CO
i
commons——10
Co
preferred
9
Bendix Aviation
21% Jan
2
Bendix. Home
26% July
9
Beneficial
-
29
87% Mar 10
27
102%, July 23
«
Cum
Indus
Loan
*96
v
34
.
.34
17%
14
14
18%
97%:%
*19%
19
36%-
36
36%
36 %
35 '/a
13%
14%
14%
15
14%
14%
*14%
23%
23%
23%
23 Va
23%
22%
23
*70%
.
75
J<*74
95
*93
*74
75
*92
96
:
75
.
*93
75
*74
;
#< •»
.95
35%
7.600
14%
2.800
22%
22%
1,700
100
74
74
94 Vb
♦93
'
1.6U0
97%
> '.14%?:
75
93
•,
600
19 V
35%,
14%/
23
*74
«
*96
36 VV
22 Va
93
,.
.
95
'
97%. /
*96
36%
35%
1,300
17'/a
14%
13%
V
1.200
17 Va
14%'
36%
V
34%
34
xl7 Va
■
23%
pfd $3.25 ser of 1946_No^par
Cum pfd $4 div sec of 1948._No par
%:
17
34%
13%
:
10
com
-
17%
34 Va
36%
5
Appliances..^—33 V3C
-
*96
97%
*96
_100
—
34%
100
'
•
24%
Dec
35%
Jan
23%
Feb
14,
30% May 24--
Best & Co
19%
Apr
32%
Oct
25
Feb
17
37% May 27
Best- Foods
,133%
Dec
Jan
125
30% Feb
150
13%
18%
Dec
Sep
9Va Sep
Jail
27.
Mar-16
27
27
29
39% Oct
22'
139 V4 July 14
37% May 15. <
14% Jan
14
Bethlehem
Steel
25
£per share
$ per share
x20%
Dec
41%
July
14% May
24%
Nov
Dec
116
45%
Dec
67
f'
25
27
,
32% Oct
28
51
Jan
19
Bond
Borg-Warner Corp common—
3%% preferred
18Vs Oct
28
Feb
24
42 % Feb
11
66 %
July 13
102
Sep
88
96
May 24
39%
May
7
Dec
Dec
9
%
30
Dec !
May
23% May
30%
Nov
90
Dec
15%
Dec
.
Jan
2
1% Aug 26
Feb
33.% Mar 18
Feb
7%. Jam 8
13% Feb
Oct
26
8% Sep
21
48
96
Jan
18%
Feb
40'/a
Feb
x27% Mar 17
31%
Feb
25 % Mar 16
63
Jan
26% Sep
27
Apr
92% Oct
4
109%
15% Mar 16
28% Feb
9% Sep
5% May 15
42
,
Jun
71
Feb
12 Va
33% Aug
13
99
20%
Dec
27%
Feb
17% Feb
14
22% Oct
20%
Nov
125
Dec
16% Feb- 11
120
9
May
14%
Feb
8
69
Dec
86%
Feb
65-
Sep-28'
25% May
37% Nov
Feb
*
20
Mar 30
.July 26
5
Aug 11
26
24% May 17
124% July
2
11% May 15
75
July 12
x32% Feb
13
40
Jun
15
78% Aug
11
90% Jun
21
Union
Brown
&
Brown
Shoe
$3.60
7'k
$5
Bullard
43% Jun
1
Bulova
Feb
16% Mar 16
24% Jun
3
97
Jun
18
100
Jun
Dec
May
84
Feb
104%
100
81
Mar
Mar 31
79% Feb
26
—2—No
Co
Burlington
par
No par
___
Mills
Corp
Feb
13% May
94% May
19
May
22%
104
2% Mar 17
Oct
16
Mar 17
Jan
Bros
common
,
4% May 18
27% July 14
Butte
Byers
preferred _i
—100
Copper & Zinc
5
Co (A. M) common—No par
Jan
98% Jan
15
27%
Oct
23% Feb
11
35 % Jun
16
Byron
34 Va
Dec
27%' Mar 17
40% Jun
15
California- Packing common
Jan
52
54% Sep
15.
105
July
15
4Va%
9
7%
Jackson
Co
9%
4,800
1,400
29%
29 V*
30
29 %
29%.
29%
30
3,400
94%
94 Va
*92%
95
22%
22%
*93
22%
9%
9 V8.
22%
22%
22
95
*93
95
*93
95
9
3.800
10
22%
22%
21%
22 %
4,500
10%.
•'"4
10%
10%
10 %
5,300
10%
10%
10%
101/4
33
*32%
33%
*32%
33%
*32%
33 Va
*32%
33%
94 Va
*92%
94%
*92%
94 Va.
*92%
94Va
*92%
94%.
*92
94 Va
*21
21 Va
21%
21%
21%
22%
*22%.
23
*22 V\
23
*22%
22%
1,800
1-7 Va
11,400
10%
10 V4
■
17%
18%
18%
18%
121
*120%
121
•
*86
.
120 %
10%,
18%
12Q%.'
17%,
120V%
10%:
10
71%
71V4.
71%
34%
34%
„
*34
34%,
21%
21%
21%
X20%
88 Va
4 20
20%
11,700
89 %
90
89
X38
88
>88
88
*83
88
*81
88
*75
80
*75
80
*75
80
17
xl6'/4
16%
16%
16%
8%
11%
11%
10%
1.1
V:
113b
11%
11 Vs
80'
80
/
81%
81%
*81%
*3%
3%
3%
*81%
83.
3%
25
24%
103
102%
103
32
32
31%
3%
8%,:
104%
3%
16%
16'/a
8%
8%
104%
104
*11 %
11%:
83
*81%
83
3'/a
25
3%
3%
16%
8%
16,300
800
105%
*104
11%,
24
25
103
54%
600
20%
*88%.
*104 Va
39%
'40%
*85 %
8%
*53%
*40
80
16%
,
600
40 %
40
88
104%
*39%
300
17%
88 Va
8%
No par
;
50
,
400
81%
80 %
.-*16%
*75
104%
25
33 %
33%,
17 %
21%
8%
31%
430
*85%
80
16%
25%
16,000
*71% J 72
*
81%
41
104%
103
50
10
'V* 9%
/
100
122
34
81%
41
*8 3,b
25%
*33
*16%
41%
104 Vb
31%
82
82 Va
104%
102%
71%
17
8%
100
10
16%
*41'
17%
*121
122
9%
33%
33 %
17%
120 %
82 Va.
16%
3%
71 % '
*
17%
17%
8%
3%
10 %
83
*82'-
16 Va
104
17%,
17%
120%
10%
.
89
*75
80
*75
No par
participating preferred
9%
29%
*85%
6
89
5.000
29%
*88 Va
Dec
3
27
V\
300
4.400
129 %
88%
Jan
48
♦4.7
32 34
88%
108%
9
:
30
88 V4
Dec.
?
8%
8
8 '/a
48
32%
21%
79
Vs
48
,
30
21"%
Feb
8
Va.;
30
21%
24%
8
49%
33%,
21%
Dec
8%
*46
9'%
41%
11
8%
48 Va
200
1,000
30
41
100
preferred
38
33Va
17%
Jan
2%
2%
38
Va
41%
1
3
38%
30
*41 Va
88
/.
%
29%
*17'/4 :
Jun
,2—
2
*38
4,400
8,000
90
33%,. 33%
1
preferred
■
38 Va
*
33%
5
Bush Terminal
%3..
43%
62
*88%
30
9%
17%
Burroughs Adding Machine—No par
38%
39
89%
*
30
82%
100
100
*2%
63
89%
33%
35%
1-0% July
Bldg 7%
8%
48
9%
17%
,_100
2%
62 Vt
90
430
62%
43
43%
43
62
■
1
30 Va
Vb
common
,
62
*88 Va
90
1,800
a
34
9%
33%
*30
82
17% Jun
Sep
*45
35 Vb:
88
Term
8%
49%
82.%
Inc—
2%
*37%
38%
35 Vb
NO par
_——
Co
:
2%
*81 '
1
:
13
9% Mar 16
43
*35
/.
pfd—100
13
76
42 '/a
71%
Apr
Butler
11,800
71 %
12% Feb
15 % Jun
18%
70%
preferred ___2
;
3Va% conv 2nd preferred,
Bush
18%
70 Vb
77
Sep.
18%
'No par
Jan
108
18 Va
10%
Jan
Mar 16
19%
10%
Dec
79*
19%
18 Va
10%
10
72
18%
10%
4{/c
3%.%
790
19%
No par
common..
16 %
Jan:
33%
*92%.
18%
95%
7% Mar 16
33
*32%-'
120 >4
Jun
May
66
327a
10%
5
12% May
6
"
—10o
common
Co
Watch
1
15
common.'
_j.
Buffalo Forge Co.—2__
Buff Niag El Corp 3:60%.
21% May 15
80
Inos
Co
preferred
29% Feb- 14
65%
32%
9%
23
i___
Bigelow—2—
(The)
38% Feb
26 7
65%
33%:
23
*93
No par
preferred
Budd
26 Va
y4
33%,
95.
9%
,_.100
Gas—'
Bueyrus-Erie ©0
26
80
—2.50
/:
_T_
Brunswick-Balke-Collender *
Feb
22%
•
—
preferred
Apr
14
No par
common
Brooklyn
23%
8
Co
preferred
102%
15% Mar
Co..^
3%Vo
Dec
May
May
America—i
Stratton—./
Bristol-Myers,
14 Va May
80
•52%
*43
29%
14
26%
65
34
.
•
'
29%
26
26%
65%
33
8%
30
Feb
27%.,
65
34 %
38%
30
90% Feb
26 Va
66
•
No par
27V
25%
27%,'
8%
&
Apr
26%
2%.
39
8 -i/b
4,700
65
2%
Briggs
Jan
Jan
?
25%
25%..
*88%
*37 Vb
400
45
25%
27%.
88^8
.5
2.50
15
26
4,100
15 %
15%
*43
45
25 %
3,100
?
68
88%
-
%r
*43
13
27%
89
Bearing? Co—I
15% '
45
600
16%
•
26
,'67%
62%
Bower; Roller
*33%
26
42%,:
Braniff-,Airways Inc___
15%
*43
61%
34% May 18
37% Jun
2
36%
45
42%
34%
106%
15 %.
16V4,,
*43
63 V4
34
Dec
15
*15%
^
49%
No par
Jun
13 ;/■
42%
Manufacturing
17-
16
13%
62
Briggs
23% Sep
16'/a
13%.
%/
Shares
33%
33%
16
13%
42%
Brewing Corp of
Bridgeport Brass
27
34%;
16%
19%
9
101% Apr
33 Va
13
for
the Week
Oct. 29.
$ per share
-
16
6 3'A
2%
Oct. 28
# per share
33%
63
& Maine RR
2
$ per share
13%
19i/a
*88%
Oct; 27
Sales
Friday
Thursday
Wednesday
17
423a
—100
(assented)_100
800
34
1
5
11 Va
13%
(The)——————j_15
Co
100
6,300
11%
11%
19
3414
11% May 1'5
25%
13% May
10
33%
11 Va
31%
33
"
69
No par
1
50,100
31
27 Va
28 V4
69
38%
*134% 136 Va
31 Va
25%
25%
No par
Stores -Inc——
Boston
25%
.
'
A
B
Borden
13%
*27%
5
&" Brass—-.3-..1.5/;
17%
30% Jun
95-
120
25
10% May.18
Co
38
39
137%
31
16%
16 %
class
'9.100
33%
45
Aluminum
29%
13%
*15%
Bohn
29%
17
*43
Boeing Airplane
29%
34%
16 Va
Bon
1,300
13%
45
12,
27 V4
PRICES
-
$ per share
38 %
•
27'/4
17
*34
*43
Jan
SALE
Va
*134%
/
:
-
Oct. 26
tper share
34%
.
HIGH
AND
Tuesday
Oct. 25
*15%
No par
96
38
11%
11%
1
common
37% May 18.
Oct
11%
1.2.50
new
Brothers
29
Jan
11%
13%
10
Class
31'
17 Vb
26
Feb
81
Co
Co
39V4
136 Va
30 %
*33%
27
Ami
38%
/'. *134'%
30%
No par
Oct
16
39%
11%
*11%
share
29
137 Va
Monday
f per
29%
*
29%
LOW
Par
29%
27'/4.
27
39%
No par
Sep
55
32
11%
27%
*134%
39%
135V4
29
;
65
49%
6%
11%
}
25
35%
% May
30
*27V»
29
38%
135 V4
136
29%
Laughlin Inc—
Bloomingdale
30%
Mfg Co
Co
21% Feb
37% May
3
Decker
29%
Oct. A*
Oct
May
38% May
Dec
&
Blaw-Knox
30%
•
27%
30
39%
i- *134%
W:
271/4
Saturday
Feb
27% May 15
44% Jun
9
88%
39%
28
'
Jan
% Apr
r
100
No par
Jan
59 1
29 %
&
28
18%
89
Bliss
32% Mar 15
12% Sep
14% Sep
May
14
(E W)
11
31 %
STOCK
YORK
$ per share
Bliss
11
Feb
V
27%
27%
32%
No par
£_ 1
Carpet'.
*
14% Sep* - 2
17%, May 15.
44% July
8
Feb
X13--
27%
EXCHANGE
Black
28:
Feb
28% May
NEW
36%* July 15
19% May 18,
Jan
36
May
com__No par
———■
Birmingham Electric. Co,
Highest
.
1
1
_
STOCKS
Lowest
Highest
12% May
—s
(Del)
7!/o preferred
Bigelow-Sanlord
Range since Jan. 1
Year 1947
$ per share
—%
—
Range for. PreviousLowest
41J.
.
11%
*81%
3%
190
11%
3,800
83
3%
70
1,400
*24
25
24
24
102
102
*102
103
170
30
30
400
39
2,000
,
102
102
31%
*29
31
39%,
40
x39%
391/2
*53%.
55
x53
53
*29 Va
30%
1,500
C
24%
Apr
51%
Dec
1%
X55
Jan
5
Dec
3%
Feb
1% Mar 12
3
6% May
21% May
8%
Feb
5.% Sep
8% May 21
Oct
24% Feb
11
31
Feb
10
20
15%,May 21/
12% May 110
Dec
34Va
17%
132
Feb
Sep
29
102.% Oct
23
119
38
Dec
48%
Feb
38% Feb
11
44
18
Dec
25%
Feb
14 Va Mar 16
9Va May
33%
Nov
For
May 17
%;May
Jun
7
2.
May 14
xl9% May 26'
5%
preferred
2%
2%
&. Hecla Cons Copper-—5
6%
6%
6 '/a
6%
$4.25
conv
Mar
4
19% May 14
Canadian
Mar
1
47%.May 19
Cannon
26
11%
102.%
Ltd
Va
104
/—No par
11%
2G Va
11
*102%
Mills
11 %
/ 6 V4
6
26'%
26 Vb
11%
11V4
6 V« t
6
%,
6
26%«
11%
105
26%
11%-.
105,
53%
%
.2
102%: 102%
Va
26
11 Va
*103
*41
42
*41
42
*-41%
42)%
*41
42 Va
*41
*19
19%
*19
19%
19%
19 %•
*18%
19 Va
*18%
15%
14%
15
14%.
14%
44 Va
43%
44%,
43
43%,
1
1__No
25
par
15%
15%
44
44
14%
*43
14Va.
*43%>
*53
53%
10
2%.
100
„
_•
26%.
105
39%
2
2%
___No par
"
10?
38
24.
26.Vb
1.66%
Co_.
Pacific Ry
Feb
Dec
page
Ry
Breweries
15%
see
preferred
Southern
Canadian
47%
footnotes-
,_No par
C Fdy
,:
39
*53
2 Va
2
2%,
Dry Ginger Ale com
Canada
55
%
2%
Zinc-Lead.
Campbell W &
Can
39%
53
1
Callahan
Calumet
39%
*
2
2 Va
7,300
6%.
6'/a
6%
4,900
26%.
42%
19%
26
26
-11%
11
11%
105
•
*103
*41
105
;
•18%
1,300
5.500
220
42%
19'/a
100
2G.600
14%
14%
14%
44
43
43
1.100
Volume
168
Number 4747
THE
COMMERCIAL
NEW
Range for Previous
Range since Jan.
Lowest
Highest
tper share
$ per share
11
Apr
50
May'
14%
27
Lowest
$ per share
11
Feb
13
Feb
48% Apr
.Jan
3% Sep
100% Ffeb
27% Jitn
21
20
128
Jan
39'%
Jan
50%
Feb
'2r%
Oct
'
38
Dec
•
12Va May'
35% May '
;45
<?
Jan
291/2 May
132
Dec
158%
9
Jim
130
Feb
13
97
10
Apr
123
28%
Dec
156
197a May
19% Dec
Feb
.
Dec
$4.75
May 27-
7/4
34% Jun
25
18% Oct
20% Jan
5
5%
18% Feb
7
Central
21
6% Feb
28
11% Sep
1
Central
7% Oct
29
12% Jun
30
38% July
10%
26% Sep
■7% Jun
18
101
Oct
29
108
74
Oct
8
83
Jan
7% Jan
16%
Oct
10% Jun
,
14%
Feb
6
15
22% Oct
1
Foundry Co—
Central
IT
Jun
Hudson G&ECorp
Central
•
29
Violeta1 Sugar
13% Feb
10
28% Apr
1'
^0
May 24
Certain-teed
Oct
24 Va Feb
28
33-
"27
Chain
Feb
110%
Jan
20%
Feb
23
Jan
40%
81%
Dec V
[
Dec
30'/a
Oct
54%
Jan
37
102% July
,
Apr
5% May
8% May
4% May
.
90
Jan
7% Feb
Jan
Dec
6%
Feb
'23% May
38%
Feb
!*13 Va Nov
27%
Fpb
Nov '
54%
20%
Jan
34%
51 %
May
33%
•
4
-
Feb
35
27% Sep 28
49% Mar 20
July
Feb
11
15%
414
15%
Jan
Feb
21
10
22
Feb
14% Feb
17
42% Mar
31
Feb
18
42.
Jun
24
66%
Chile
52% Feb
11
65% Jun
10
Chiysler
23
Nov
Jsin
23% Feb
Va
96
Dec
111
Feb
94
21% May
37% May
28
Feb
Sep 23
20% Mar 13
48 V2
Jan
36 % Jan, 26
29%
27% May
34%
Nov
11%
Feb
May
78
Dec
94
20%
34%
85
jun
9~5~
Jan
34%
80.
43%
Jun
Dec
27%
115%
Fpb
105% Jan
35% July
26% Oct
Jim
106
Nov
109
71
Dec
101
34% Feb 10
Mar
105
Jan
42%
Dec
57
Dec
24%
May
34-
39% Mar
89
48
154
91%
C
& St
C
5/4
Cleve Elec
Cleve
$4.50
5',i>
30% Sep
137.-
Dec
Feb
78 VI
5.
35% Jan
5
30
7%
92% May 20
4%
x61%
140
191%
Jun
65%
May
33
May
56
87
Dec
Dec
18
AugV
-
145
61
X87VI Sop
•
20%
Feb
.17%
Feb
17%
Feb
8
16%
Feb
May
Dec
21%
Nov
10.
Apr
11%
Dec
32%
Jan
32%
Jan
12%
Oct
22%
Feb
63
.
1
;
Dec
86
.
Mar
30% May ' V. 39% Aug
Dec
36
50
Feb
36.
May v
48% Oct'
;
'
;
Dec
.87
\
115%
94
Dec
V
6
13
"56
Oct
35%
7
-
29%
27.
36% Jan
2% Feb
27
Oct
4
Sep
8,
21
Mar
5
Mar
11% May
Dec
20%
Feb
15%
Feb
40% May
54%
Jan
IT
30
Jan
May
12% May
19%
Feb
1033/s Feb
99%
38%
Dec
114%
Feb
4lf
Feb
Feb
10
41% Aug 25
19% Feb 11,
11
17% Mar
Dec
21
11% Mar 16,
9
Apr 30
Feb
9% Oct
10% July
30
10
Feb
108%
10%
Feb
24
11.
9% Sep
9
32% Feb
27
98% July 26
100
32% May
94 % Dec
104% July
Sep 27,
33% Aug 12
90
Oct
.15
37% Apr
16,
4
53%
104
3% Oct
106
,
Apr
32
5
107'/
July
xl8%Jun
1214 Jun
51
28
* Jan
21,
103% Oct
42% Jan
$4.52
3
preferred
,
Continental
69% Jun
7.8
19% Apr
16
—
Continental
Steel
Corp—
34 %
••/
*138%
86%
SALE
•
-
-151
62%
*150
62%
37V4
38
89
89%
150
'
621%
150%
38
37%
89%
*89,
891/2
89'/a
18%
22%
21
21%
22'%
21 Va
22
21
14%
14
14
217 b
22
14i%
*13%
141%
*13%
14%
-
14%
20%
21%
21%
"13V4
14
13%
13-/2
13 %
14%
13
13
23%
24%.
*12%
22%
22%
23%
23%
23%
22'%
23
23
23
23
I2V4
123«
23%
-12'4
23%
12'4
12Va
15/64
12%
12%
12 %
13/64
9'4
&
•
1
64
"56
32i'2
41%
9%
42
413b
8%
v
41%
417'b
41%
41%
49
48%
49%
98
97
9 73 y
21 %
21%'
21
'21%
21%
I 21
21%
22
3%
3%
100%
102 Va
26%
26%
9%
9%
-9%
*26%
106
9
23%
24
105%
106
%
43%
27%
14
14
10%
10%
10 %
10 Va
9%
10 1/8
9%
10'/a
'
'/
9%
331%
102%
39%
39%
911/2
r;
"
15%
15%
151/2-
33%
89%
89%
90
90
35%
35%
95
*92%-
--
•
15%'
35
:
'
90
VI'
*92%
y
10%
10%
10%
63 VI
63%
63%
64
8%
9%
8%
9
62%
62%
61
62%
60%
61%
17%
18
17%
17%
17%
17%
.
10%
.
,'v
.
36
*10%
*
10%
G4
'
1,700
27%
I, 27VI
27%
13,800
9j/2
*9'/4
9%
1.400
34%
34%
34'A
34%
27V4
•
*27%
27%
*27 '/4
27%
400
4%
4%
4%
41/4
4%
8,600
24%
31,600
1,400
24 '/a
24
35
105%
16
9%
*105%
15%
105%
24%
106
15%
15 38
26%
26
24
26
13%!
"12V2
101/4
10 Vs
10
9%
33%
33%
102%
103
102%
102%
103
;
15%
*90
.
93
127/0
34%
35%
-!
96
10%
lO'/a
'10
2.900
62%
7
63%
8 %'
61
17 Vb
62
-17% '
8%
61
35VI
17VI
36
9%
8%
3,100
50
11,200
96
10%
62
-
61%
17
89%
*93
10%
64
8%
550
15VI
151/4
*89
"
*97a
8%
1.040
93 Va
•
63%
9
5.800
39 7/a
35%
*93%
33VI
102%
103
400
•;••••," 39%
15%
"
13,300
*911/2
90
'
2,300
97B
103
93
15V8
36
600
2.700
2,800
10%
102%
90
96
5,100
12%
33%
•
103
15%
35%
26%
2,100
9%
91
*921/2
9%
43%
-
*12%
10 VI
10%
10
/ 103
39%
39 %
*91V2
15%
*9%
26%
103
39%
106
43
-
64 %
8%
92,100
9%
*91 Va
;!.
90
95
15,500
3%
43%
38%
91 %
15%
•
■y
450
21 %
*9%
33%
v
-
39 %
91%
:
357/b
95
-.
.
800
2.900
100%
49%
10%
41%
49%
97%
3 %
43
12%
1,700
100 V4
3-%
42%
9%
103
39
15% f
^
9%
-
10'4'
103%
V
35%
13%
33%
103
102%
-
14%
.9 VI
"10
102 54
102%
-~*90
27%
9%
41%
48%
/
101
26%
y.
"
102%
103
92
/v!
9%
10'4
103
"90
105%
27
*13%
102%
39%
27%
y
-
*1021%
39%
24
•43%-
26'%
13%
33Vij
4%
14%
*9%43'/8
•
.
'
33%
4%
*14%
91/2
43
3%
100 Va
271/4
4%
15%
3%
34%
27
■27
41/2
9%
21
101%
27%
9%
34%
23 V'a
27%
*13
3%
101
27
4
91/4
106
14%
10
26 3
27Va
4%
15%
3%
1021/4
-
35
-23%-
106
3%
101 Va
*341%
*341/2
4%
33%
32%
*97
'
1,600
58
321%
97V4
•
3,000
37,100
8%
*56%
•
32
48%
43%
14
9 %
60
49 Va
27%
:
32
9 8'/a
3%
9% '
5
9
*56%
32%
49%
431/4
L
41% '
9%
60
32V4
97
101
15%
1
.:
4,300
261,000
50
21%
"105%
5
-
*56'/a
327/a
12%
98
27'4
_10
.9»/4
60
32 3a
23%
12%
49
23%
-*92%
9%
*56
32%
22%
k.
,
97
23%
No par
60
40
24
50
35
No par
200
13%!-/
23%
97
9'/4
35
271/4
:
12%.
15/64
60
32%
421/4
15/64
934
27%
No par
6,500
13%
113/64
Va
26%
!
32,700
21%
14
•
80
2,100
21
20 Va
14%
22%
•
/ '14%
,
-
3,700
21%
20%
20%
*131/2
-22%
261/2
,
89
118
14%
22%
"100%
V
190
4,400
89
21%
22 %
9%
1,000
.
21%
*13%
14%
"
!
'
*13
■14'/a
*13%
•
14 V2
<
*13%
14
-
Shares
37%
18
.
18 %
21V4
for
the Week
62'A
37 VI
18 Va
'
Sales
149
62 VI
38
22%
14
400
*1160
18'.
'
■
149
62%
22%
3%
'
Friday
Oct. 29
18%'.
21%
86
$ per share
*1175
-
/
141
*83
Oct. 28
62
37%.
'-89%
1,500
Thursday
151%
62
,37%
-
2,300
33%
*1381/2
86
J per share
*1175
36%
*89
500
7%
PRICES
$ per share
*1175
10.000
16
27%
141
Oct. 27
f
10
7 VI
*33 VI
86
180
15%
*138%
86
30
72
44
27Va
\t
7%
34
Wednesday
V1
-
16
27:%
7%
33%
141
86
AND HIGH
;' !
22%
21%
—5
Fibre_,
Continental Motors—*.
Continental Oil of Delaware
34%
141
*150-
63
15%
*27%
7%
S per share
151%
_I_15
Insurance-.
24
preferred
15%
28
7%
18%
50
preferredL.
L_No par
Gan Inc common_I
20
Diamond
$3.75
15%
28
7%'
34%
% 72
"42 Va
221/4
"96V4
Continental
Continental
16
28%
7,000
108
*1061%
72%
21 Va
-
preferred
L—!
„_100
Continental Baking Co conv__No
par
99
July 13
13% May 21
64'4 Oct 26
106%
18%
32%
4/4
$5.50
106 Va
*105
i
44
Oct. 26
.—100
—JL.No par
—
preferred—'—;
106 %
1,500
*72
Tuesday
Oct. 25
'
Consolidated Textile Co Inc.
__10c
Vultee Aircraft!-.^
1
$4.50
27'%
21%
"56
Stores •Inc_—_1
May 15
10% Jun
Retail
27%
22r'it
"42
Corp—_1.53'/3
Laundries Corh
273a
9%
Container Corp of America'coml..20
5
11
Mar 16
.
11
27
14
,
106% May 25
6..Feb
24.
Grocers
Consolidated
46% Feb
page
Consolidated
No par
Consumers Power Co-com
Feb
Oct'
preferred
Consolidated
17
Dec
see
Y com_—No par
16% Mar 20
55%
27%
N
Consolidated Natural- Gap__
Corlsol RR of Cuba 6% pfd
2
.12%
footnotes
of
35% Jun
Dec
Apr
Edison
Consolidated
11
15'4 May 12
15% July 6
95
For
$5
6
Aug 27
92 % Sep
12%
Consol
27%
*42 '/a
85%'
per. share
18%
27%
181/4
:
par
par
40
Dec
86%
-
180
27'4
'
-
72%
*139
Monday
«
41%
107%
12 Va
__No par
Coppermines Corp,
84 % Mar 23
55%
Publishing Inc—_No
Cigar_i_—.No
30% Feb
.
Nast
Consolidated
Feb
Apr
141
90
413a
44
/
*85
107 VI
*72
34
-
1,100
;
42 Va
*42 Va
7%
600
36
185
107%
721/2
'15%
19%
35%
'
90
3,200
•41%
28
28%
34%
*19%
'
1,100
8%
1071/4
44
7%
151%
*85
42
260
1071/4
21 Va
com__No par
Consolidated
Apr
' 7
South
6,200
85
*165
*72
16%
*62
90
41%
19%
35%
221/4
-
par
May 21
17% July 13
Oct
&
29,200
*7%
185
22-%
10
—i—No
90
60 VI
VI
*80
23
1
100
r
Commonw'lth
10% Mar 17
9% Sep 28
48% Mar 17
common—:
Solvents
1,400
50%
39%
*28% -29%
Vs
*42%
28:%
34
19%
•35%
*165
22%
$6 preferred series)
—No par
Commonwealth Edison Co_i_.
25
99% May 25
92 "
Credit
preferred
*85
106
'
"13%
No par
61/2 May 21
44%
35
71%
19%
36%
&
19
25% July 12
106%
Feb
3.60/4
Conde
Dec
13%
28,
29
8
185
.
r
;
85
22 Va.
Co—i_ Nq par
Southern Ohio Elec
10
Commercial
50%11
107'4
108
*105
44
7%
"13%
Carbon
Congoleum-Nairn Inc
30%
110% July
71%
,19 3i
*35%
41%
29
*80
8
22%
Inc../. No par
w w
59
"143b
-
ebmmoii—No par
36% July 12
Dec
May
44
May
6% May
28
89 7
22
_2.50
preferred
61%
I28V4
85
*165 '
90
41'4
106
381/4
i/Z 23
27
18
5
Columbian
60%
29
<
36%
*107
*1175
18 34
_5
preferred,
11% May 20
Dec
9
28
.
•iv 8 y >
*80 '
Va
185
*85
41%
"1C5
152%
62%
"89
^
Commercial
7
29% May 14.
11%
Feb
35%
108
29
19%
*165
'
—_20
System
Pictures
$4.25 cum
Juiy 15
July
94
20%
41%
1071/4
34%
"151 Va
—
Columbia
Columbus &
29% May 26
10
Feb
Nov
'
78 % Jun
23
Gas
■Rights
43% Jun
5
Jan
Feb
41%
108
t per share
Broad SysTnc cl A—-2.50
Columbia
24
13% May 21.
8
28% Feb
'35% Feb
28%
104%
:
14% Jun
15/64 Oct 23
V/7% Sep 28
Jan
-
"34%
.No par
Class
2
Apr
:
28%
38 '4
31% May 12
Nov
Nov
36
95
7%
Ry com_.—100
B____—!
8
'
85
19%
185
62%
Columbia
14%
4% May
36
"85
"28
100
33%
21.
36%
Oct. 33
2nd
28
8
19Ta
"165
par
nonrcum
13,
Jan
I./
85
Saturday
4/4
*38
62 Va
/.
44 y.':
30
*80
"80
"19%
90
44:%
'29%
7%
,/7%
20
*85%
17% July 14
32 % May 15
Feb
Jan
>.
!;
"
100
Jan
33%
7%
Va
85
,
87
11% Apr 13
22% Aug 26
531/8
39%
4,700
"85 Va
1st preferred
preferred
conv
28V4
52
*38
3%
3,000
*139'4
non-cum
61
17
31/4
44%
141
4'"o
Colorado <fe Southern
39 y4-
V>
43%
"138%
25
52%
*38
62
28
29%;
185
par
22
*52
3%
44%
"28%
22% Oct
53
14Va
*16%
17 m
43%
29%
28%
7%
18% July 15
14%
44%
!
15%
18% Jun
1,000
14%
14%-
!
100
29%
*42'/8
13
14'/2
70%
23%
16'4
11
1.000
40 '/a
-.701/4
28 Va
42%
11
70
I1401/4
71
94
"1175
———
com_
70
41
23
16%
No par
1
5,800
40 "2
*70 Va
94
36%
No par
Iron Corp
&
40
54%
40%
•
28 VI
No par
Aikman
2,400
*53 Va
54%
391/4
61 %■-
2,000
33%
54%-
23%
42 V8
Feb
21% Sep
1.0% Feb
*3 Va
2,600
43V2
33-%
94
No par
Mills Inc
"
*16%
3%
19
43 VI
34
28%
72
Feb
5%
17%
•31/4
13%
43%
23%
72
11
20
123%
&
*16%
3 V4
■
19
43 Vt
94
No par
preferred
Fuel
14%
17%
.19
23Va
107
12% Feb
90
;
Colo
14%
7.900
941/4
"105
16
,
8% May
30
Nov
$3.50
Apr 20
I4V2
1,700
15,200
•
19'4
'333/i
*53%
'v
7Va
9%
25%
9 V2
35
28%.
/
Corp.:
Colgate-Pahnolive-Peet com
Collins
95%. Aug 30
25 Va Sep 23
8% Feb 11
.
25%
2
41%
71%
.
*7
9%
36 Va
41'4
LOW
—
7Vo
9 '/a
35V4
94%
,
Internat
V
•
231/4
"85
(The) commomNo par
A I;
Colonial
23% May
'
•
Coca-Cola
26% May 21
22% Oct 23
Feb
4
Class
1
25% May 18
.,26% July
20% May
2,% May
Coca-Cola Co
8
July
45% Jan
11
% Oct
?
2'
:Jan
63% Jun
1332
27
Oct
12-% Feb
May
183
Feb. II
18
16
9% May
21%
v
,%*6%
9%
36
281/4
u.100
-
2,900
23'4
50
r
96
18
Oct
EXCHANGE/
10
22% "Oct
£
May
16% May
28
July 13
July
1
32% Aug 16
Feb
Highest
4.400
12%
94%
100
•
21%
12 V*,
44
wl00
NEW YORK STOCK
1,400
21
t
44
41%
■$ per share'
1332
105% July
12
'./• 8,
Sep
Jan
Jan
46
\
.
S per share
Nov
May
1155
23%
Lowest
t per share
May <
Jan. 1
11%
!
12%
*53%
"38
STOCKS
Range since
11VI
21%
54%
,
8,800
•
21%
4314-
•
2,000
11%
>12%
7%
9'/a
351/4
•18%
2,400
12%
11VI
11%
rj.l „■/ 11%
6 Va
12%
13
433,4
28 Vz
2nd preferred—
ctim
7%'
r
61/2
800
>■
45%
"107 Va
preferred—r__
71/4
10'a
36%
G V2
800
16.800
v..
23 »4
1
PeabddyCo,com!—-NO
6%
'
391/4
"165
-
Cluett
13
•
39*
80%
*9414
No par
gtd
21%
•12%
7
6%
29%
38%
23V4
Clopay Corp-^i_I;—I——1,
36% May 17
147
July 13.
10
Sep
5-
10% Jan
9
28
7%
*28 Va
*80
28 V8
•7%i
Special gtd 4%. stock
__50
Climax Molybdenum———No
par
Clinton industries Inc—
1
18% Mar 22
RR Co
.21%
1,100
39%
8OV2
13%
11
94 %
20
47% May 19
Pitts
&
29
■
.'33%
:■ -80
22
61%
'
20
:
29
,.
39
80%
80
11
>
23%
100
preferred——!—
29%
38V4
3,200
23
"80
com—
11%
100
26
98
27%
5
com
Co
11%
30
25%
93
1
"
94%
.—No par
Bronze
98
33:,4
'
Illuminating
*28%
*79%
*29
•
25%
98
11%
V
30
25%
44%
Co com—100
preferred
Graph
11
*29
r
231.4
100
preferred
30 '/a
95
—5
—
,
*29%
•>,
23
No par
No par
-
^
7.300
11%
61
28
"94%
10
Cleve
Highest
t per share
141
"27%
100
78% May 20
Year l!)47
Lowest
-8.50
Co
common
Louis Ry
non-cum
Range for Previous
.
com
61%
300
4,500
15%
11%
"38
39'4
61%
"38
10
24
11%
31/4.;
3,200
••
15 %
11%
*52
■
*96b
12%
*16%
,
11%
23%
11%
17%
314
31/4
11 Va
•
5,000
15%
13%
53
"52
Clark Equipment Co—.
C
4
"16%
3V4
53 %
8
23% May
7% Mar
-
Feb
Dec
15
40
Va Mar
Dec
140
Dec
Jun
17-%
100
35%
10
43%
*
270
77
34 %
24%
33 Va
i
1
15 Va
19%
15 Va
3%
Sep 23
14% Mar 15
F^b
,32
•
34% Apr
9
108% Jun 25.
1
Sep
•
42% Oct 20
111% Jun
7;
6
.
Oct
70
Feb
'14%
38% Aug
5
July 12
88
14%
"52%
25
.
—:
15
2,100
*9%
•
331%
71
"17
2.50
5%%' preferred—!
176
Jan,29
Nov
107
10
•
City. Investing Co
City Stores
May 24
70%
*75
.
1,700
7%
101%
•24'%
43%
V
27%
*7Va
9%
71
72 V*
;
'
16
*53i.a
42
3,200
24%
*43'4
54V4
41%
"70%
11%
*19
o
•42%
1
2
.
42
*11%
11%
•
3,500
7%
27%
75%
'•".'33'%
44%
'
100
1
_l
Jan
:
33 7
15
-
Elec
19 "2
44%
33%
541/4
?
3,000
10%
7%
101
34%
13
36
*19 Va
44%
54%
9%
11%'
9%
34
"54 >4
13'4
17%
10 VI
''
75%
6%
10
44%
17 Va
27% •:1
-33%
"
251/a
7'4
36 '4
34
'
76%
35
13
•;
300
f-
7%
13%
11%
7Va "
35%
No par
Corp—u—
&
36%
20
10 Va
A——100
.
preferred
1014
36%
27%
11 Ta
13%
7%
9%
7%
13'4
11%
21-%
13'4
20
No par
City Ice & Fuel
July 12
-
series
3
21
27% Mar 18
176
r
RR Co
211/4
7V4
19%
15%
80
11%.
*18%
17
21%
11-%
■
27%
160
3,000
10%
7%
6%
13%
7'4
17
lOVb
200
27%
•
101%
39%
-
221/4
22 %
7%
'
12
13%
-_100
Jun
84% Apr 20
;
*
No par
Pac
Gag
11%
•
10%
101%
137
27%
•
24
■29%
7%
11%
19%
98
80
/,
*18%
25%
38 Va
80 Va
101 %
137
135
18%
97%
*28%.
3934/
14 Vs
No par
8
10
39'4
"80
102
7%
>
26 Va
11%
,
6%
100
48% July
33
29
135
98
*96
..
11 Va
.29
11%.
com
Copper- Co
4f*>
80i%
7'4
.
13%
No par
com
Cincinnati Milling Machine
C I T Financial Corp
,
5
.
Is &
Cincinnati
17.
May 17
G
.Jan
15% Ja u
Nov
27
1
78
Feb
May
29% Jun
101 % May 26
9
7% Mar
Mar
12% May
23
.
Oct
'
8
f
28
4
49
26
.
14
-50
vtc
common-^—preferred—L
Sep
26V4
98
12 Va
Co
5%%
5(5%
■
P vtc
&
Cliickasha Cotton Oil
Childs
39 Va
30 Va
13%
No par
No par
Chicago Yellow Cab—-
Dec
25%
"96
"100V4
17
i
50
8,100
12,800
101%
9% .;*»•
2,800
5,500
34%
27%
35
8
42%
146
57%
27%
13
16%
*29%
8
41
33%
27%
*75%
400
56%
7%
2414
16 Va
30
11'4
80%
9%
23%.
16%
30
2614
7'4
9'%
25'%
-
11%
preference
preferred
32
Oct
Paul
preferred
Rock
Conv
20
19%. May 27
4% Apr
2
63% May 3
1
A
convertible
Chic
30%
28%
Ry Co class A__25
preferred—1—
$3
72% Oct 22
11
2% Sep
44% Oct
Louis
Chicago Pneumat Tool
7
15'/* Oct
&
Chjc Milw St
5/4
161/4
28%
50
com
B
Chicago & Northwest
2.
42 "2 Sep
July 22
7% Mar
Nov'
Jun
"9 %
24'%
16 Va
1
!
Co
preferred—ill!——w-
Series
9%
25%
39VI
57%
101%
13%
40
A
Class
May 21
57
18
45% Jan
Dec
40
Class.
3%
30.
13% July 13
41% July 13
23% July 15
49% July 15,
Apr 15
14% Mar 9
Dec
56
9:!a Jun
30
25% Feb
10%
Chic Ind
2
% Mar 16
7 % Mar 16
East
13'4
12
preferred
100
111 RR Co com—No
par
15% JuJy 13.
2
!..
&
>
300
*37 Va
2.200
34%
I 7%
I
1.400
.
■/
57
101'/a
36
31%
15%
"
76%
35%
10
40
34%
1
135
27%
7,500
37
*143
7'4
-'
1,300
%
15 V*
V
10%
1
31%
*36 V4
42%
146
18%
101%
13%
98
convertible
Chicago Corp (The)/
Chicago Great West RR
7%. Jan
Feb
114%
Jan
3%%
14% May 21
12% July 13
22% July 14
11
12
29
Chic
11
9% Feb
Jan
July 13
17% July 14
6..Jan 24
Fpb
9
9
Feb
lOVa
.
45% Jan
7
102
8
'/a
*143
16%
7%
101%
35%
26%
Chesapeake. Corp of .Virginia^!.—»5 4
Chesapeake & Ohio Ry common—25
11
Dec
6% May
:,2%
8
Oct
.44 7%
13%
"11%
30
May
7%
34%
"96
1.25
35
7%
1021/4
16%
;
No par
57%
34%
28 >4
*76
41
•i
%.
'
'. ■< 8
146 /'
571/4
10%
71%
28'4
77
7%i'
43
r
■>
7%
•
"76
•
8
13%
"30
No par
com
Mfg
-■
39%
27%
'16 7
10%
7%
*381/4
•
135
"100%
77
9%
,
preferred
10%
28
25
:
Checker Cab
Feb
8 %,
15%
$4.50
16%
7%
39i/4>
'
7%
19'4
191/4
17
1
•«•■
'
35%
No par
Copper Corp—:
5
Products——
;
1
Co~
!—_
No par
Champion Paper & Fib
6-
191/4
16%
31%
15%
(4
35
Pasco
Belt
28
*'31%
*36
,
Shares
110
37%
4 21/2
135
28
*10.91/4
15 Va
->
13%
8
July 19.
12%
,
11
de
135
28'A
10%
7%
/
15% Jun
4
I2V2
6% May
:/ 4% May
26% Jun
100% Jan
»
79
Feb
7%
16
25 % Mar 18
'
3%
18
•9% Mar 16
Cerro
14
135
6
■■'•'
6%
110
'
15%'
"143
•
35
16
6'A
for
the Week
54
37V4
'
57%
34%
"161,4
*52'/a
*109%
'
*100'4
■
6%
16%
54
-31%:-
*38
102
28
102'4
"76.;
9.50
Century Ribbon Mills--
Jan
Jan
Co
"7%
"100%
,
;
6 %
110
'
J
42% V
■*
'
15%
I
%V
145
57
*100
27%
7%
42'4
3514
135
2814
8
102
"19
•
38
7%
145
57%
34%
■
11
7%
42 Va-
HS
"100%
16%
107a
No par
42
55%
16%
*52%
Sales
$ per share
31%
W >■
16" V.;./:
:-••
Friday
Oct. :>1)
*
'36%'
38
38 Va
7%
145
110
13%
•
38%
7%
28%
28
Central 111 Light 4%% pfd
100
Central NY Pr Corp 3.40%
pfd—100
tCentral RR of NewJersey
100
30
17% Feb
90
FCb
_1
31%
*36%
16.;',/
/
38%
■'/;
19
16^4
/
■
'
135
19
5
l
37 /;/
16
35%
28%
par
3
May 21
11
Sugar Co;
37
:.
101
20
Aguirre
211/4
10% May
+__No
31%
17
6 VV '< •'
•
4
31% fr>
Oct. £8
S per share
54
*52%
6%
31%
'->
109%
55%
"134
100
common
6'4
42'/a
101
17
109%
145
:35,
.
•
-No par
preferred
11% May
•
42 Va
551/4
17
53%
61/4
V
7%
17
531/2
110'A
<
16'4
17
6
Thursday
«
$ per share
4
54
"52%
^
39
145
com__No par
preferred__
20 %
19% May
100% Dec
"
'i.
100
8
Jun
Wednesday
Oct. 27 1
S
$ per share
"109'%
i
39
16s
13814;
No par
17
-
...
31 Va
.
77'a
*_25
;
!_
110%
"37'4/
<
of Ga Ry Co vtc_;__No
par
preferred series B. vtc
zl00
5'to
May 27
39% Jun
23.
3% Mar ID
35V» Mar
6 *
,8% Mar
Feb
Apr
112%
Dec
Nov
31.,
;
Central
10.
96%
May
par
preferred
16% Jun
116
Dec
1st
Cel'otex Corp
Feb
Jan
SALE PRICES
Oct, 26
$ per share
,
6r/'fi,:-
'
"109%
*
Ccr common-;'
2nd
22% Feb 28
Jan
•
4% May '
22%
2
6.
-
General .Corp___.._____l
(J. I'r
14%
Dec
9%
140
<fc
7,% preferred—!..'
Caterpillar Tractor——
Cel'anese Corp of Amer
Feb
.
11%
Case
.
Feb
11
HIGH
Tuesday
Oct. 25
*j
"17
17%"•'52% ' 54
•/
:___10
^,-4-1 /
-
Corp. cp>nmQhiyi_44^«i-_il0ri
4% series_i__
50
Carriers
22%
.
Dec
77%
11
common.l.i .;
Conv preferred
32%
7% May'
100%
Feb
AND
Monday
Oct. 23
$ per share
■
Carpenter Steel Co_4----'—.5 ,:y
Carrier
68% May 15
39%-Jun
9
July
A
Par
■
Light-._T__No
May 20
105
■'
Carolina Clinch- & Ohio
Carolina Power &
21%
Dec
7%
Feb
Saturday
v.
"
'
Capital Admin class
8
52% Jun
2
147% July 15
7
Jan
.9
5
50% Oct
22
Feb
1081/2
(1807)
RECORD
LOW
STOCK
$3
preferred
Capital Airlines.Inc-.-,—
19% May 21«
43% Jan
,1
130
Xl77'a
4
May 15.
Mar 30
6% Mar
NEW, YORK
/!> !
Aug 26
8% Mar 22
110%, Jun
%
32
July 28
41% Jail 12
Miar 16
35% Mar
64
CHRONICLE
"
56
;
14
Feb
49% May
17*/4 May'
x97
Dec
Dec
2
Dec
47
STOCK
EXCHANGE
35%
••••; Qct
7%
i
18
'
18
32% Mar
■
,
$ per share
Feb
5T%
Dec
1
Highest.
^
151%
•
51/2 Dec
'i02
Nov'
YORK
FINANCIAL
STOCKS
Year 1947
•
&
62
'
8%
1,100
2,700
22,900
61
61%
7.300
16%
17%
2,900
'
15
Range for Previous
Lowest
Lowest
Highest
8 per share
19
•'
Jun
9
55
21% Oct
15
42% Mar 24
12 % May
20%
Feb
10% Feb: 11
15% Jun
51%
61
Jan
50
Dec
18 %
Dec
Feb
55
V
Dec
.?■
13
Feb
32%
Feb
18% Feb
Feb
90
5
-
Oct
11
88%
Dec
88
v
105%
Dec
105%
Jun
86
Oct
28
61% Sep
-
75%
Jan
59
Apr
30
57% July 14
23% Oct
15
97% July
1
.
98
July 21
66% Mar 24
177
Mar 19
164% Oct
18
4%
Dec
8%
Jan
3% Sep
20
5% Jan
2
2%
Dec
4%
Jan
2 % Aug
9
3% Feb
2
26% May
40 y2
Feb
Feb
13
39% Jun
14
94% Aug 31
98 % Jun
2
170
195
Dec
29
Mar
107
Dec
97
Aug1
11%
Dec
16
Oct
22 %
Dec
30
Jan
41
Dec
52% Mar
25
Apr
34%
Dec
108%
Feb
130 y8
Oct
9% Sep
27
Mar 18
x21
,
Jan
Crane
98
105% May
/;
46% Mar
6
$2
34% Jun
1
Crown
26% Mar 16
Oct
91% Feb
24
129
Sep
21% Sep
371/4
Feb
Jan
66% Mar 17
66
Dec
"22
May
34%
Oct
26% Mar
?; 13% May
21%
Jan
12% Feb
,
165
Jan
12 y2
165
•
Dec
-
155
Apr 21
8% Oct
Sep
80
9
Dec
j ^ 24*72
19%
Feb
22
13% Oct 13
Oct
Xl6
27%
Nov
17
Mar
101
i
6% May
121/4
147
70
Mar
6%
21'/2
12% May
17
Cuba
34
18% Feb
13
Jan
27
21% Mar 16
26%
Sep
19
Sep 28
97
Sep
85
Oct
23%
Oct
13% Mar
pfd
non-cum
4%%
89
89
4%
48%
487k
10
*9%
10%
24%
24
24
29'A
*96 %
*100
22
*160
9%
75
31 ;■'■
•
180
-
y,
14%
14%
14%
19%
10%
19%
9%
No par
No par
140
*54%
140
55%
1
10%
10%
preferred
preferred
Curtiss-Wright common
Prior
12% July 21
28% Sep
137
1
Cushman's Sons Inc 7%
2
pfd
137
102
100
>
25%
741/4
741/4
72%
73%
31*
30i/2
31
31
15%
*15i/2
•
20
4,100
737k
1,000
30%
30'A
15%
*160
180 >
*160
190
95%
257k
*72
15%
15%
180
*160
400
2,900
100
25%
20%
9%
9%
9%
530
,
4,000
157k
180
80
14%
14%
20
20
9%
9%
9%
10%
148%
146
55
55%
55
10%
10%
10%
10%
,14
500
197k
20
1,300
80
:
200
13,100
97k
*144%
120
145
*53%
146
*144
54
y
55
53%
541A
10%
>
9:,«
9%
9%
146
147
54%
10'A
140
14%
*19%
>77%
-
9
80
14
20
*14'A
20%
5,000
9
*78
9%
9%
*77V2
*14
54%
140
10V4
10%
10%
10'A
800
32,400
•
'
24-
*132
30%
No par
Inc
Cutler-Hammer
*245/«
100
A
1
July
x31% May 26
,
96%
96%
*100
14%
10%
$7
29
20
20%
2
287k
95 %
80
*77
14'A
*18%
10%
May 14
29'A
29
26V2
180
;9%
9%
80%
80
82
5
Aug
3,500
39%
261%
16%
15%
♦160
Cunningham Drug Stores Inc—2.50
Curtis Publishing com
No par
13'A July 15
21
39
102
*100
31
31
;
16%-r
180
Cuneo
Inc
207k
39'/2
"
9%
9%
*80
31
-
15%
21%
27%
74
♦160
900
21%
*39'/8
74%
27%
.
24
96V4
74%
16%
24
96%
26%
31%
24%
29%
27%
*30%
16%
700
24
29%
75%
27%
>75
200
10
29%
95%
5,400
93
24
24
102
3,200
10
22
26%
3,200
27k
33
93
38V2
95%
4
33'A
2%
34
10
21%
*100
110
96
29'A
103
90
4,000
10
38 Va
96%
*100
v
,
,62% 5
*92
%
29%
87
,
> 80
,
<• 165
V.''--; 4
2%
,
lO'/s
*10
39%
22
22%
40
96%
97
103
'
93
.
62%
165
4%
2%
33%
<
*38%
22 %
29
96
34
90%
*86
62%
340
2,800
22%
*89
165
4
2%
2%
93
96
10
*92
4 »/«'*■
4»/8
33
34
360
11
87
62%
8,200
54
90%
165
10
.
1,400
107k
53%
22 %•
23
86
62%
1661/2
*92
17% May 18
Press
62V4
*164%
2%
2%
22%
*89
88
87%
V
>
4%
4%
-
•
91
63%
166
33%
24% Jan
13
89
62%
2%
*90
23%
'
1,100
/
54%
11%
*53
23
Shares
20%
487k
54
11%
54
23
91
165
34
•:/'
...
11%
*11%
53%
11%
54
.
96
*29
<
48%
*88
<•■
4 'A
2%
33%
34
*38%
i
48
64%
40%
100
48
*90
166 %
*38%
100
10
preferred
48%
23
>
90 %
*23%
.
20
11%
63
10
100
preferred
Cudahy Packing Co common
July 30
61
Feb
6%
RR
*5374
20%
>
the Week
28%
28 Vk
54%
19%
54
*165
65
24
22Va
~:100
preferred
28%
*53%
2OV4
23'A
V
10
No par
*28
541/2
20
11%
23
90
291/4
*53%
20%
>
54
88
150
11
Corp
7%
4
11%
'■, 53'A
24
22%
2.50
preferred
conv
48%
*92
Cuban-American Sugar common—10
9
Jun
13% May 21
11
133
Apr
Jan
17 %. Aug
177
17
30%
18 y2 May
5%
Mar 11
4% Feb
Dec
132
Feb
129
27
2
Feb
48
Feb
4% May
Sep
7
Dec
Jun
56
Sep
14
78% Jun
47%
33%
t
$4 2nd preferred
No par
Crucible Steel of Amer com—No par
28% Jun
122% Feb
Feb
Jan
113 y8
-i.
Jan
17%
Dec
82%
<
2
11
1
Jun
Zellerbach
49%
11%
54
23 %
91'A
90
28%
54 Va
20%
*47%
20%
29%
*53%
54%
20'A
167/
167
4%
4%
2%
2%
—No par
com
5
preferred
$4.20
103% July 14
13
28
100
'
96
22 y2 May
.
•*'
26% May 27
22
54%
21
for
Sales
t per share
$ per share
*29
29'A
54%
1
(The)
Crown Cork & Seal com
11
37
29'A
30
20%
*48%
11%
53%
*23
*90%
*89
64%
2
America
of
.
100
preferred
Cream of Wheat Corp
17% Feb
Sep
25
common
Creameries
8
13
Co
3%%
15
24% Jun
.
1
Friday
Oct. 29
Oct. 28
Oct. 27
t per share
$ per share
«
Thursday
Wednesday
Tuesday
Oct. 26
# per share
30
*54
common.—5
Convertible pref 5% series
50
Cornell Dubilier Electric Corp——1>.
Corn Exchange Bank & Tr Co—20
Corning Glass Works common
5
3%% preferred
100
Cum pfd 3%%
ser of 1947—100
Corn Products Refining com
25 :
7% preferred
—100
Coty Inc
1>
Coty International Corp
'
1
Co
Steel
Oct. 25
r$per share
common—5
.No par
Corp
$3 prior preferred—
Copperweld
28
48% Oct
44
Cooper-Bessemer
22
Monday
Oct. 23
*
Par
July 12
f
11
Feb
13
r
14
Jun
33
19% Mar
Oct
EXCHANGE
8 per share
x49% Mar 17
Dec
17%
May
12 Va
Feb
55
14 % May
43
Highest
8 per share
Saturday
STOCK
NEW YORK
Range since Jan. 1
I per share
^
LOW AND HIGH SALE PRICES
STOCKS
- •
Year 1947
.
Monday, November 1, 1948
CHRONICLE
&- FINANCIAL
THE >; COMMERCIAL
(1808)
24%
24%
30
30%
23
23
87
*132
140
♦132
29%
2,800
23
23
2,800
*85
87
30%
23 Va
2374
24
86
86
*35
87
I6V2
*16%
16%
1674
*16
16%
1674
"
20
140
29'A
29%
30
2,200
24%
24 Va
25
24%
137
137
140
♦132
31
241/a
24%
24%
24%
137
30%
137
30%
30
D
'
t"
.
:r
19%
90 %
■
■' ■'
Aug
Nov
14% May
30% Jun
8
94% Jun
20% Jan
2
25
17% Jan
Jan A
24%
Oct
18% Feb
14
28% July 14
V 24
Dec
351/4
Jan
24% Feb
25
31% Aug
''U. 82%
Dec
Sep
12%
23%
Jun
Preferred
27
9
.7
8% Sep 24
94
Jun
Feb
Sep
% Sep
Sep
33
Aug
45%
Oct
29% Sep
31
May
46%
Oct
33 '
29%
Dayton
Decca
42
Deere
7%
34% May 24
Feb
29% Feb
5
38% Jan
20
50% Jun
24
Delaware
7% Feb
11
13% July 12
Delaware
10%
5% May
Feb
6% May
19%
44%
14% Feb
Dec
4 25% May
20% Dec
Dec
59
16
58
9
24%
30%
30%
30'A
3074
85%
85
85
85 %
86
*84%
*84%
86
85%
li
107k
10 34
1074
11 Vs
9
34
36%
87k
87k
8%
9 Va
34
36
36%
31
ctfs
for
ctfs
for
Detroit
1074
97 k
10
37.400
2,700
16,300
1,300
3374
377k
337k
337k
377k
377k
33/
37 74
33%
377k
3174
3174
31%
31%
317k
317 k
3374.
,
3374
:
37%
■
*31
48
477k
47%
4774
477k
47
477k
47%
47%
1,600
117k
11%
HV2
117k
1174
1074
117k
107k
107k
17,400
100
33'A
33%
31%
33
31%
32%
32
32
31%
33
317k
32
100
com
pfd
Edison
51%
51%
50%
51
507b
51%
!50
51
50%
5i%
51
51
20%
20%
20%
207k
20%
20%
20%
20%
207 k
207k
207k
10
De Vilbiss Co
Feb
22% Feb
21
28% Jun
Jun
10
6%
Corp
*58
Distill
*13%
23%
_5
Match
No par
.
23%
25
44%
2
14%
41%
44%
14%
Ltd
2
16%
16%
1
*18%
31%
18%
31%
Car
T Motor
14
Co
common
preferred
partic
Diamond
64
11%
26%
11%
26
Raynolds class A—12.50
Diamond
Xl9% May 21
46
Steel
Devoe &
2
Mar 17
Corp-Seagrams
*41
*58
64
*58
64
ll7/8
12
12
11%
117k
117k
117k
257k
25%
25%
25
25'/8
25
25
*13V2
14%
13 V2
13'%
13
13
13
13
23%
23%
23%
23V2
23
23%
227k
22%
2,500
42
4? V2
*41%
42%
4274
42%
1.000
45 V
*45
45%
447k
45
-23%
23%
411/4
41%
45
44%
45
45
14%
14%
14%
14 Va
14V4
14Vs
14i,k
137s
14%
2,000
16%
16%
16%
16%
16%
16%
15%
16 %
157k
16%
8,300
18
17%
17%
17
31
31%
31%
31%
Dixie Cup Co common
Class A
No par
No par
*47%
48
Dr.
No par
*13%
36%
137/a
131/4
131/4
13%
13%
5
37
36
37
36
36%
No par
13%
13%
13%
13%
13%
No par
59
13%
59 %
59%
50%
50%
50
47
Oct
Oct
19
56
13 % Oct
27
23
Jan
5
Oct
29
Feb
13
40
Jun
16
Doehler-Jarvis
21 %
Jun
13
Oct
29
19
Feb
24
Dome
76
Jan
47% Jan
2
67% Apr
15
Douglas Aircraft
42% July
32% Feb
20
50% Oct
22
Dow
Apr
21
Pepper Co
.
Corp
Ltd
Mines
Chemical
Co
15
common
98%
Dec
114%
Feb
97
Feb
6
106% Jun
15
$4 preferred series A
91%
Dec
104%
Oct
90
Feb
13
106% Oct
22
$3.25
Dec
21
98%
Feb
83
19
Feb
12% Feb
23
17%
197
Nov
Dec
129% Aug
92%
Dec
107V4
110%
Sep
Mar 18
113% Jan
28
Feb
11
94
115% Jun
Dec
98
20
19% Mar
111% Aug 24
12% Oct
1
>
July 16
May 15
18
May 20
188% July
124% Jun
9
3%%
1
..ai.No par
de Nem (E I) & Co com__20
Duplan
Corp
Du Pont
Preferred
$4.50
series
No par
3
Preferred
$3.50
series
No par
Jun
22
15% Jan
2
Duquesne Light 5%
DWG
1st pfd
100
Cigar Corp
5
,
47%
Year 1947
60%
60 Va
$ per share
8 per share
*30
31
700
481/2
*4874
49
140
13V4
13%
13%
137k
13%
137$
1,000
3 6'A
13V8
*36
36
36%
357k
36'A
2,500
13%
13 7k
13'A
13
13%
4.500
61
60
587k
59%
x54 %
487k
5,100
,;55
8,900
497k
497k
49%
497'a
48%
497k
100%
101
100%
IOOV2
"100 Va
1007k
1057/«
106
105%
106
105
/
105
103%
105%
104 74
104%
2,500
23
Va
23%
23%
23%
23%
10.000
91
91
91
15%
147 k
24%
25%
*91"%'
94
*14%
i6
y.
15%
*15
178%
179%
119
*118
50%
23%
24%
*91%
94
*14%
,
;
,.16
23%
931/2
*91
*14%
*14%
16
15%
15'A
180
181 %
180%
182%
118%
.
15%
118%
118%
118%
*15
■
*96%
96%
96%
116
*114%
115%
1157k
13
13
13%
13 %
*12%
197%
13V2
Oct. 25
$ per share
116
96%
116
12%
127k
400
91
"1474
100
„
1474
800
179
180%
14,000
118
118%
700
967k
300
1474;
967k
115
*12 7k
80
115
400
13%
Shares
$ per share
t per share
$ per share
for
the Week
Oct. 29
Oct. 28
.
Sales
Friday
Thursday
Wednesday
Oct. 27
I per share
1181/2
*96%
200
1007k
PRICES
AND HIGH SALE
Tuesday
Oct. 26
183%
118
1157/8
967k
'100
15
14%
96%
116
*96%
Monday
I per share
Par
31%
48
*100'A
LOW
8 per share
*47%
17
30
50'A
Oct. 23
EXCHANGE
Highest
61
800
17%
17
31%
48
100%
Saturday
NEW YORK STOCK
Range since Jan. 1
/Lowest
Highest
48
43
STOCKS
Range for Previous
Lowest
100
_
International
101
>, 106%
106%
..•/ • 25%
26
*91%. 94
*14%
16
. ..
15 > 15
179'A 179%
118% 118%
*96%
96%
*114
116
*12%
13%
•,
50c
common..
preferred
conv
Dunhill
No par
17
99% Jun
116
•
*100%
No par
preferred.
Industries
Dresser
31 Va Jun, 21
2
11
-
12% Mar 11
Sep
•14
'Jan.
164
July
115%
6
Jan
;
2nd
47%
17%
1,200
17
18
31
Divco
Feb
500
14%
20% Oct 19
39%
1,400
45
•41
41
55%
'
42
14% Mar 12
34
1,900
11%
*25%
26% Sep
—.
2,000
9,700
>
64
14
Oct
—_
*58
12
Sep
Corp
64
26
191/4
2
*58
14
40%
Jun
64
*58
4.000
117k
Dec
28
20%
26
1
May
8 per share
10
11%
16% Jan
13
May
2,000
47%
12% Aug 25
Jan
173
107k
11
11%
Jan
18%
Dec
107k
107k
48%
1
19% May 26
May
120
8474
377k
.
367k
140
8474
31%
1
46% July 29
14
2.900
8474
84%
11%
Detroit
19
10% May
14% Nov
10'A
1,700
31
48%
Detroit-Michigan Stove Co
13
80
97k
22%
8574
*30%
Detroit Hillsdale & S W RR Co__100
9
Feb
'
10%
10 74
*85
50
Western
&
23
13% Oct
Sep
8574
3074
30%
8674
20
Lack
26% Oct
35"% Mar 12
45 % May
♦847a
227a
22 %
100
20
& Hudson
13% May 24
60% Jan
38
Dec
307k
200
16%
100
preferred
6
Feb
May
2274
*85
.
31%
33%
34
34%
36%
23 74
23%
40
167k
31
11
Jan
361/8
.
24%
30%
85 %
1
Jan
Jan
19%
v,;
24%
30 Vs
11
No par
22% Mar 18
24%
49
.
24%
8%
10% Feb
47
28% May
16% May
.1674
*16Vb
50c
Oct
Oct
50
15%
V
50c
common
Escrow
July 15
Apr
25
/.
*16
30%
86
31%
42
17
♦16
£374
17
24%
*84
Inc
Escrow
39% July 15
58
21% May 17
Apr
y2 Nov
17% Dec
11 y4 May
35%
17
♦
*30%
100
22
Oct
20% May
|
*1674
86'A
13% July
Jan
16%
*16
24%
*85%
26%
62%
Aug
17%
11
32% Mar 16
20
27% Mar
10% May
'
86
16%
Va"
Denver & Rio Grande West RR
•*'*•>•<•'
">L-
Co
&
16%
100
Deep Rock Oil Corp
Jun
46% Jan
24 %
86
16%
88
*16
A
Rubber Co
Records
45% Mar
38i/4
Dec
32% May
'-U
27
13
Sep
15% Jan
13% Jan
23%
87
*16
23%
*87
series B
Preferred 3.75%
84
Feb
series
3.75%
94
Jan
20%
11
6
4
2
84
101% July
101 % July
Dec
84
Feb
15
—
16 %
>■<,
23%
....
-——1
3% % pfd series A
.-.
100 Davega Stores Corp common—2.50 ,
5% conv preferred
20 Davison Chemical Corp (The)
1 •
Dayton Pwr & Light common
7 '
24
9
Dana Corp common
10
E
19%
Jan
25% Aug
19% Sep 20
16
Nov
24%
Apr
13% Oct
11
14%
!
Dec
51
Jan
14% Oct
48% July
198V2 oct
38% Feb
42% May
163
Dec
42% May
18%
>'■
Dec
88
Dec
57%
25%
Sep
47% Feb
Feb
16% Oct
10
46% May 15
Eastman
27
28
175
Jun
26
6
19% May 17
8
92% Jun
1
28
16% Jan
2
Feb
82
Feb
12% Oct
111%
Feb
98
4% May
8%
Feb
501% May
65%
Feb
16%
Feb
11
13
16% Oct "Si
39%
Jan
32% Feb
19
37% Jun
3%
Jan
1% Feb
11
104
>
Dec
10i% May
33% May
2
Sep
,■11% May
19%
Dec
171
135%
Dec
156%
-Jan
57%
15%
Dec
—
—
46 74 May
9% May
11%
Dec
27% May
102
May
3%
Dec
1
11
10
11
147
49% Feb
14
Oct
10
56% Jan
9
17
6
Sep
28
28
587k Sep
28
45
Jan
27% Jun 14
16
15%
157k
15%
16
18VB
17%
17%
17%
19
18Vs
16%
19
18%
17
5
187k
17
Corp
10
43%
44
43%
43%
43%
43%
43'A
437k
common
100
161 %
4
68%
Stainless steel
Kodak
Co
preferred
—
Manufacturing
Co
4%%
4%%
Co
Stop
Electric
(The)
Electric Boat common
Convertible
1%
$7
preferred
No par
$6
preferred
No par
Electric Storage Battery
Elgin National Watch Co
15
Elliott
10
Co
common
5%%
74% Jun 14
conv preferred
preferred L
12% Feb
11
20% July
15% July
6
Emerson
9
16% Aug 27
Emerson Radio & Phonograph
Empire District Electric Co
22
34
8
Endicott Johnson Corp
27
104
9% Mar 18
Jan
12% Jan
X2 9 74 Jan
97
Dec
Feb
4% Jan
2
5
Jan
Jun 10
6% Oct
25
9% Feb
11
11
65% July 15
59
14
11
68% Apr
12%
7% May
1774 Dec
24%
Feb
10%
257k
Jan
137k
Feb
32% May
50%
x6%
4% Oct
13% Sep
20
7% Mar 17
13% Aug
Oct
Sep
36% Sep
5
Sep
29
13
16% July 12
9
Jan
Paso
Electric
preferred
Equitable Office
Erie
RR
5%
Mfg Co
14
Eureka
Evans
1%
Ex-Cell-O
/
Fairbanks
28
Fajardo Sugar Co of Porto Rico__2o
Morse &
Co
No par
*46%
32
*90
13
*98
92
91
,
91
127k
13 Va
*90
12%
13
100
*98
100
*98
100
91
12%
2,600
100
6%
*6%
7
*6%
67k
*6%
47%
48
477k
4774
47
47%
46 %
47
3,100
16'A
*15 7k
16 Vb
15%
157k
15%
15%
157k
15%
2,300
36
♦35%
35%
35%
35%
*34%
357k
34%
34%
17k
1%
17k
17k
17k
1%
23%
22%
227k
22%
22%
*35
1%
1%
23
2?%
164
164
"1627k
146
146
227k
517k
*15
24%
164%
147
146
51%
*160
164
146 %
*143
146%
51%
51
517k
15%
*15//
15%
157k
15%
24%
25%
247k
24%
67
67
66
66
*47
,49
*47
49
70
70
16
*15%
*32
100
6'%
70%
12%
70%
16%
1,000
12%
12%
2,000
157 k
500
157k
*15%
32 %
*31%
*99
6
6Va
6
6
15%
15%
16 Va
62
*61
62 V2
66%
*61%
66 Va
5 %
5%
5%
5%
5%
*14%
15%
*14%
8%
40
*5
5%
5 Va
5%
47
46%
32
317k
46%
32%
48
800
12%
*99
40%
*47%
200
2,600
67
12%
100
8%
*65
12%
15%
40%
66
12%
32%
8%
15
24%
247k
66
47%
16
40 %
15
24%
24%
70%
15%
8%
100
*16 Va
61 Va
14%
800
900
50%
*46%
*61%
15%
160
147
50%
16%
16
15
160
'143
70%
66 %
5%
5,300
12,300
16%
60 %
5%
200
1%
2274
*68 7k
15%
*61%
17k
22
16%
,32%
100%
,
15%
*15
-
a
500
67k
*16%
60
66%
67k
165
24%
13
32
51%
51%
32
12%
*15%
1647k
*143
7
51%
12%
^F / rC:'V/.>-.../>>
10
33% Oct
101
*98
17
5%
54% Jun
13 %
16% ,17
*5
9
17%
92 %
13
16%
*40
26% Mar 17
17
92%
*16%
2.50
40% Mar
16%
137k
70
3
Corp
Buffet Corp
1.600
65 Vs
8"%
41
8%
3.400
17
70%
16
,
69
*1674
49
60
5
68'A
167k
70%
15%
1
....
68%
16%
*63
*59 74
*61 %
5%
*15%
68%
17
*47
100
50
5
69%
167k
65
...No par
100
68
49
70%
16'A
160'A
14,300
69%
68%
94
101
160'A
1,600
44
160%
48%
6
5%
1
161
161
160%
67k
6
Bldg
68 %
437k
43%
161
10,900
15%
100
*99
161%
43'/8
*159
3,600
'
48'A
13
Feb ;
24.
24%
*98
33
100
Williams Corp......
Products Co
Exchange
17
15%
13%
*31%
Jan
page
16%
36
16%
•*91
12%
-*15%
60
see
100
6%
49'A
68
5
10
common
Inc
*70
31%
footnotes
13%
*160%
common__25
100
&
Eversharp
65
*47
4
preferred series A
Pittsburgh RR Co
Erie
49% May 3
7% Mar 30
Gas
4%
14
20% May 17
11% Jan
5
Natural
24%
3
Dec
5%
*15
50
50
17
Mar
17%
94
> *146
No par
El
4%
161%
69
23 Va
23%
*163 '166
147
52
52
Electric Power & Light com__No par
6
107
*35
No par
3
Apr
16%
3
preferred
Oct
19%
*98
6%
48%
Elec & Mus Ind Amer shares
Jun
38
13%
100
1
5
Co
Nut
Auto-Lite
17
*91
2.50
common
preferred
Elastic
1
100
common
preferred
Products
49
50% Feb
For
22%
15%
76
Feb
J an
217k
167s
13
Aug 19
Feb
May
22 Va
16
55% Feb
Mar
44
217 k
16%
Oct
85
25%
22 Va
16 Vs
597k
67
Dec
22
17
•
63
Nov
22,%
16%
Inc
Edison Bros Stores Inc
Ekco
26
477k May
Nov
6%
Eaton
10
Feb
—
Dec
8%
24
Jun
Feb
__
'
-
8% Jun
56
Feb
217k Sep
—
—
.<
Feb
12
2% May 24
23% July 7
166.
Oct 21
13%
July
247k Mar
5
20
Jan
123%
Oct
*«,
17
Feb
106
139
Feb
47
Sep
5% Jan
43
Feb
145
Mar
Eastern
22%
22
22%
21%
22
1
10
Co
Airlines
Eastern
17
69% Oct
27%
15% Aug
-
109
157
Dec
Eagle-Picher
1
25% May 27
20% May 18
22% Jan
8
8%
40
5%
15
8%
40
*99
15%
32%
100
15%
32
32
99
99%
6V8
6
15 Vs
157 k
15
15%
6174
6174
61
617 k
6'
900
300
100
6
20,600
'
20,000
1,400
%
66%
*61%
66%
*5%
5%
5%
57 k
14%
14%
1374
13%
900
9
9%
8,500
*40
40%
1,100
57k
700
*61
9
40
5V4
*5%
97k
40
5%
47
47
4674 ' 4674
46%
47
32
327k
32%
33 Va
32%
33'A
*5%
*45 Va
32%
.
1,200
46
1,200
32%
6,800
Volume
168
Number 4747
THE -COMMERCIAL
Range for Previous
STOCKS
Year 1947
Lowest
i
'
I per share
S per share
9%
Feb
14%
Dec
May
16%
42% Mar
Dec
23% July
14% Feb
9% May
19
Apr
97%
Dec
20
Dec
26%
20% May
26%
Apr
28% Oct
29
Falstaff
16
Farnsworth
35% Feb
16
Mar 11
7% Sep
Oct
23
Jun
3
Fedders-Quigan Corp
28%
28%
95
95
94%
96
23'A
22%
22%
24%
24%
*24>A
24%
24
24%
23%
23%
23%
23%
68%
68%
68%
69%
69 %
69%
68%-
69
67
69
67
67
2,400
49%
2,800
49% Mar 16
21%
Jan
14% Feb
20
May
39%
Oct
30
27
42% Jun
Sep
Dec
110%
Feb
97% Oct
May
41%
Jan
30
Feb
26
13
Dec
17%
Jan
13% Feb
21
24
Aug
13% Sep
23
21% Jan
4% %
23 % Feb
Firth
11
•40% Jan
12
Feb
894
Feb
3
105
85% Oct
27
32%
Dec
24% Feb
23% May
•26%
Jan
22
Oct
27
12% May
25%
Jan
50%
Feb
35% Feb
13
47% Oct
22
Jan
10
18
3%%
Dec
39
Jan
17% Mar 12
24% Jan
5
77
Dec
74
84
6%
4
103% Mar
8% Dec
•-5% May
17% Febi
10% Oct
18%
21
16% May 21
>10
9
Feb
Sep 28
22
Aug
48
28
;
Sep
Feb
12% Feb
Dec
17% Oct
9%
Feb
16
Feb
30
18% Feb
,11% Feb
Dec
13
45
100% Jan
8% Feb
28
July
106
May 12
11% July 13
146
Apr
1
9% Mar 17
Jan
159
.
8
May
71
Apr
37
«
Sep
10%
103
Dec
Dec
100
Dec
.15
July 14
82
; Jun
General American
I
General
$8
24
Jan > 2
Jan 28
Baking
Co
preferred—
No par
General Electric Co
General
96
Jun
2
9
<
2
Mar 13
Feb
128% Jun
2
108
3
Feb
Jun
34%
*33%
34%
14%
14%
14%
14%
14%
1,900
500
11%
11%
35%
11%
11%
11%
11
11%
34%
35%
35
34%
35
1,200
4,100
*93
94
93
93
*93
94
94
94
86
86
87
85%
86'A
33%
32%
32%
24%
35%
36
93
93
35
*11
34%
87
*85%
85%
86%
*85%
35
34%
34%
33%
33%
33
33 %
32%
24
24
24%
24%
*23
24%
*23%
24^'4
11%
12%
11%
*8%
11%
11%
11%
11%
8%
*8%
8%
"24% »
12%
87
*8%
.
9
12"
8%
47%'
46
46
46
47%
46%
47%
12
12
12
12
11%
11%
11
23%
24%
23%
24%
23%
78
77
24%
77%
7%
77/a
'
:
'
7%
7%
11'A
45
♦76%
*7%
•
7%
7%
•7%
♦7'A
18 y8
18 Va
10%
44
44
16%
18%
18%
7%
>
10%
44 Va
♦15%
16
18%
10%
44%
47
1,300
11%
11%
1,200
23%
24%
24%
13)100
78
78
7%
?: 7%
18%
7%
/; 7%
•
•
7%
10% '
10%
43%
••"♦15%
16 Va
♦15%
16%
18%
18%
7Va
7%
18 Va v'.
•
r
1,300
1,000
*15%
16'A
18%
18%
7%
7%
*34 %
37%
38%
38 Va
37
37
20%
20%
:.
19%
20%
19%
20
19%
20
19%
36%
,<
19%
17%
17%
'
17
17%
17
17
16%
IT
T6%
167/a
*103%
104%
'103
103
t
10%
43
7%
18
400
10%
43%
7Va
4,600
18
42%
10%
43%
16 V*
1800
7%
♦17%
10%
18%
7%
7%
17%
30
79
*7%
•
7%
17%
V
7%
38 Va
/■'"
>
*100%
50%
103
10%
j-1'.
103%
50% .' 51
.
23%
200
800
.
•
7%
■
•
*77%
43%
7%
200
47 :
11 Va
;
»18Va
"
2,800
87%
47
"V:
*15%
;
8% >
Va
•
♦17%
10%
'
200
11%
11
24 %
7%
7% •/-:
200
,180
1,500
77
18
17%
*44%
rv 18%
78
7%
18
16
•
'
*76%
7%
.
*10%
,V
'
*23%
,
8%
*46
11%
♦100%
10%
103%
50%
103
50%
10%
10%
157 %
157%
*157
12 Va
12 Va
12
v
10 y#
7%
38
*36
*i03y$
.
103
12 Va
12 Va
7%
51
.*101%
158%
*157
103%
50
>
50%
>*101% 103
♦35
37
*103
10%
10
10%
10
♦157
158 Va
*157
12
3,400
17%
3,200
♦102%
103%
49%
103
158 Va
20
16%
..10
-10
•Ua/i
11%
11%
11%
75%
11%
20
103
v
1,700
158%
20
11%
*11%
11%
1,900
10
,
*157
158%
11%
*
50
♦101%
50
400
20
V
103%
49%
*101'A
4,100
900
'
12'A
'78
v
*126%
12
12%
76%
76%
*75%
77
37
*35%
37%
♦34%
35%
21
*19%
20%
20%
20%
128
128
128
11%
128
42%
41%
42%
42
39 %
39%
39%
397/8
91%
*88%
90%
*89
10
10
52
52%
100
97/a
230
34%
400
-19%
19%
19%
19%
128
39%
39%
40'/a
90%
53
39%
90 %
*88%
9%
52
92
127
128
127%
•42
3,900
800
127
100
42%
*88 %
•
42%
42,900
40
39%
41%
39%
40 %
5,700
88 %
92
*
92
100
9%
9%
9%
9%
9%
9%
9%
4,600
52%
50%
52%
•50%
50%
50%
50%
2,600
121
120
120%
*120
121
*103
110
104%
104%
*104%
110
•
75%
34 %
42%
•.
*120%
100
127 %
11%
75%
33%
19%
19%
11%.
76%
33%
42
'
I
11%
*75%,
36
75%
♦34
42%
10
52%
12
*126%
42
1
preferred
r
3%% conv preferred—:
14%
11%
No par
5%
14%
14%
90
500
11%
7%
No par
:
General Mills common
Oct
*33%
11%
*17%
.
No par
General Instrument Corp
25
10
97
$3.50 preferred
17
53
13
25
33%
4,400
*76%
-No par
Corp com
13% Jun
40% Feb
118% Feb
Feb
Foods
33%
14%
*20%
8
34%
29%
General Cigar Co Inc com—_No
par
May 27
34
14%
12
Jun
34%
29%.
*35%
41
Mar 19
99
14%
*76
100
*97
30%
50
.
34 '/a
98%
14%
100
preferred
33%
98 Va
29%
No par
1%
34%
97%
14%
2nd preferred
conv
33%
97%
30%
Corp. com
1st" preferred—
-
8,000
34%
97%
14%
-24%
.
5
General Cable
33 %
33%
97%
11%
5
common
_
General Bronze Corp
4%
144
—C.il00
Amer Transportation—5
$4.25 pfd series A„
No par
32%
31%
97%
47
General
4%
24
'
1.66%
Investors com__l
2,200
29%
9,9
1
i__50
•*•• $4.50 preferred C
<•
21
10
preferred
conv
19%
14%
14%
*24
No par
com
19 %
30%
12%
Co————No par
Gaylord Container Corp_
'
44% July 15
27
88% Jan
54% July
X122
1
3
4% %
"
5
(The)
19 Va
30%
35
50
Industries Inc
34
Aug
131%
Jun
14% May
Wood
43
16% Mar
May
Gar
31% Mar 11
45%. Jan
Dec
43
18% Sep
126'% Sep
Feb
11
Sep 23
32% Sep
Jan
39%
34% Dec
123
72 %
Feb
160
May
87
9 % Feb
83% July
Feb
33
Dec
32
Feb
47%
23% Dec
137
14%
v
Gamewell Co
1,100
19
*14%"
'
Gardner-Denver
Ma^y 20
63% May 15
•
6
Feb
18%
.
•
55%
14%
35%
com
100
55 %
19
18%
56
:j
14%
96%
—20
preferred
conv
106
55%
31%
_l
com
49
*104%
54%
*53%
30%
1
Gamble-Skogmo Inc
6%
16
26% May 4
18% May 15
105% Jun 30
21
Dec
185
Jun
99% Mar 24
49% Oct
:•
14%
87
(The)
49%
104%
900
*14%
1
(Robert)
preferred
6%
r/' 9% May 20
13
Oct
Gabriel Co
19 %'
49%
104%
49%
105
200
*34%
15
35%
No par
-Gair Co Inc
5
17% July 21
9
11
5
>58% Oct
Jan
12 ,-• Aug 19
48% Aug 19
27
v
Jan
Jan
13%
20
27
Dec
'
102
Dec
23
5% Feb
23%
Dec
11
•'10% May 22
22%
Oct
149 %
10% May 21
27
17 %
Apr
9%
21
42
xlOl•
6% Sep
6% Sep
17% Sep
10% Sep
Jan
19
13',
54
.350
.
*11%
Co;common——1
'
100
preferred
54
j
93%
23
A *22%
'
31%
*93%
Freeport Sulphur Co__
10
Froedtert Grain & Malting Co Inc_l
Fruehauf Trailer
01 •
93%
94%
23
31%
*14%
25
—
33
i
>
*22%
97%
*
34%
14%
4 '
common—10
prior preferred—
4%
'*34
10
Francisco Sugar Co
Franklin Stores Corp
May 15
34%
97'%
100
__
—,
*1U4v4
,
94%
94%
23
49%
105 %
18%
100
com
preferred
Foster-Wheeler Corp
49%
*104'58
19
34
1
Machinery Corp
344% conr pfd
49%
105%
u4
97%
10
Inc
^9%
*104%
'
54%
19
par
No par
Corp—
Food
12% May 18
18%
29
8% Aug
Steel
•
,
94%
*22%
49%
105
54%
7%™ ""
Florsheim Shoe class A_.
>
49%
*104
No par
Corp„—
Food Fair Stores
5
36% May
11% Nov
49 %
—,.100
No par
Carpet Co—No
Power
Follansbee
21
25% Jan
25
com
(The) common—No par
preferred
No par
Florida
Sep 13
38% May 21
Mar 16
11
Jun
(The)
$4
90
24
Rubber
Florence Stove Co__
12% May 24
47% Jun 14
33
July
May 27
36% May 26
15% Jun 24
9% Mar 17
&
preferred.—
Flintkote Co
6
Dec
40%
15%. Feb
xl04
7
94%
10
First National Stores
14
99
109
3,000
23'A
7
Nov
1,300
27 %
27
.
500
7%
94%
59% July 12
20% Aug
9
-10% May
27%
1,300
19
7%
24%
107% JUn
100
27 Va
27%
39%
4*18%
;
23
14
43%
8
*24%
——
Mfg Co
5
Corp__——_—1
Feb
4% July
27%
,39%
19
f*7%
•
*22%
4%%
104
26% Aug
"14% May
28
.
*18 Va
'
8
Felt & Tarrant
30
v
28%
18%
Ferro Enamel
107% Aug
62% Dec
>;
40
19%
7%
8
7
Firestone Tire
.12% May
14% May
40
39 %a
193/a
7%
9
29
Jun
40
18%
7%
39
193/3
15%
24% Sep
Jun
May
39%
7%
28'A
38%
7%
13,500
10,500
15%
<
26% Jun
9;
53
110
39%
19%
'
19%
7%
600
? 6%
10
11
Dec
15%
.
Feb
Feb
91
15%
.
18% Mar 17
43
19%
15%
Shares
28%
6%
20
Feb
Jan
15%
.V
Feb
61
May
16
28
Jan
42%
May
6%
>
38%
19%
Fidelity Phen Fire Ins N. Y
9
6%
28%
28%
6%
16
16
28%
♦27%
6%
15%
15%
Stores com—No par
preferred
-100
*27'A
6%
the Week
t per share
$ per share
$ per share
28%
6%
15%
for
Sales
Oct. 2»
.
*27%>
6%'
37%
Friday
Oct, 28
Feb
26
18
$ per share
28'A
6%
Thursday
Oct. 27
90
69% Oct
14%
6%
-<.-5
28
24
27%
28
No par
Motor Truck
53% Feb
Sep
27%
PRICES
Wednesday
Tuesday
Oct. 26
# per share
6%
(1809)
LOW AND HIGH SALE
Oct. 25
t per share
Federated Dept
Feb
51% May
14% May
.
2
Federal-Mogul Corp
59%
104
?
Monday
-_1
46% May
Jun
■'
Oct. 23
Federal Mining & Smelting Co
Federal
'
"
■
CHRONICLE
Saturday
Corp
1
Televis'n & Rad Corp__l
31% May 14
99% Jun 15
10
•'
.
%
Brewing
20% May 22
12% May 18
j
28
20% Feb
28% July
107% Jun
16
>43 '•
11
FINANCIAL
.
-
Par
11% Jun
20 "Jf
f
'•
:•
•
$ per share
4
Feb
•'•
STOCK
EXCHANGE
i,:
14
5% Mar
11
NEW YORK
._j.Highest;
t per share
20
4% May
Dec
lV/a
32
Range since Jan. 1
Lowest
Highest
&
*120
120%
120
104%
104%
102
120
119%
120
240
102
v,
*101%
106
400
:v; /'-f
Range for Previous
STOCKS
Year 1947
Range since Jan. 1
Lowest
Highest
8 per share
S per share
51%
Jan
120%
65%
Lowest
t per share
Feb
NEW YORK
Highest
50% Mar 16
65% Oct
26
General
129
Oct
7
125% Jun
1
107%
Sep
93% Feb
17
997s Jun
14
13% May
19%
Jan
12% Mar 17
17% Jun
10
Gen
25% Oct
25
Motors
General
18%
Oct
13%
Dec
„■
20%
Dec
16% Feb
26
Feb
28
22
4%
Feb
13 % Sep
2% Feb
16%
Jan
11% Jan
2% May
11%
19
Dec
May
-
125
Oct
119
31%
Feb
Feb
140
21
11
18% May 27
47A May 21
13
15% Jun
120
Sep
29
27
Sep 15
4% Mar 11
24
May 18
128% Jan
29
3% May
6%
Feb
18% May
29%
Oct
22% Feb
11
26
36%
Jan
25
Feb
13
31% Jan
12
124%
Jan
110% Feb
13
132% Oct
23
35%
Jan
May
101% Apr
26%
Dec
19%
Apr
95
30
6% May 24
30% Jun
23% Aug 11
22% Feb 11
Feb
Monday
Oct. 23
Par
Dec
Mar
Saturday
t per share
Dec
94
LOW AND HIGH SALE
SJOCK
Oct, 25
EXCHANGE
14
29% May 18.
30% May
6
$5
10
series
*120%
-No par
Advertising
Portland
647/a
No par
I
$3.75
Outdoor
Gen Precision
Gen
Corp com
preferred
Preferred
Cement
Co
Public
Equip Corp
Utilities
95%'
15
15
24%
25
25%
24%
No par
*14%
10c
14%
4
4
4
General Shoe Corp_
.1
Gen Steel Castings $6 pfd—No par
General Telephone Corp—
20
129%
132%
128%
25%
25%
25%
25%
25%
*27%
28
27%
27%
*26%
27
*101%
103
101%
101 Va
*101 Va
Time
Instr Corp
com—No par
27
27%
22
Aug 11
82
Oct
20
72% Jan
23
36%
Dec
27% Feb
13
105%
Jan
90
26
39% May 21
96% Jun
2
Gillette Safety Razor com-—No par
$5 conv preference
No par
34%
34%
90
14
90
25
Gimbel Brothers
20%
20%
23% May
90
Dec V
17% May
85
Dec
22%
Dec
51% May
5% May
104%
21;
Jun
Dec
49
Jun
99%
Dec
30
i Apr
17% Feb
Feb
103
Jan
26%
79
Nov
58
20% Sep
48% Feb
Sep
7
Feb
'
124
4Mar
Oct
33
113
Feb
71%
106
Feb
July
Apr
-
t
30
Jun
17
'90
May 12
82% May 19
30
May 15
85% Jun
3
27
28
27
55% July
6
6% Oct 28
1
Mar 10
May 18
121% Apr 22
24% May 17
64% Oct 26
18% Sep 30
47% Mar 16
94 % Mar 11
41%
Dec
38% Mar 17
103% Aug 11
50% Oct 23
95
Dec
109
Aug
96% Mar 18
105% Oct
4
13% May
24
Jan
16% Feb
23% Jun
14
2
3
61%
8%
May
5%
Feb
11
Oct
3% Sep
27
5% Jan
8% Mar
Dec
5% Feb
17
8% Apr
23
4% %
9
May
Dec
Dec
34% May
20
Dec
133
Dec
59
May
29%
Oct
14%
Dec
9
July
92
Dec
4% May
78
May
14%
Feb
Feb
29
Sep
12% Jan
49%
Feb
27% Mar
163%
Jan
70
Feb
35% Aug
21% Mar
12
Mar 27
36% Feb
11
19% Sep
27
132
Feb
27
Apr 10
29% Feb .21
24
10
Jan
91% Apr 16
18% Aug 11
5% Mar
9
Dec
95
77
v
Feb
8%
145% Jun
60
13% Sep
85
Feb
;
5
Feb
2
40
July 14
15% May 21
50% May 15
23 % Jun
1
19
Dec
105%
14% Sep
9% Mar 16
37%
17
"
17
$4.50
preferred
Glidden Co
4%%
&
Goodall-Sanford
Goodrich Co
$5
$5
22%
22%
50%
50%
6Va
6%
-100
10
■_
No par
No par
com
par
49%
3%
Granby Consol M S & P
5
7%
Union
Grant
Co (The)
City Steel
:
(W T)
3%%
Co
*101'/a
;
$2.25
preferred
21
3%
7%
22%
*50
6%
"120
81
34%
35
♦89 Va
91
20 %
*79
34%
81
34%
*89
20%
91
20 Va
20 Va
81
*79
22%
22%
22%
51
50 Va
50 %
*50
6 Va
6%
6
6%
123
120
120
22 Va
22%
51
Va
♦122
>:
6%
124
18%
19%
18%
18%
19
19%
63%
64
63%
64 Va
63%
64
"100
49
101%
20%
101%
49%
101 %
21
10O
49
"100%
100
100%
49%
101
100 Va
48%
49%
*100%
101 Va
34%
*89%
20
22
51
*122
34%
4,500
91
100
19%
80
6%
10
V,
*89%
20 Va
22
1,700
77
34
91
*50
110
25
84%
*74
34%
*79
103
*82
20
5,400
*79
22.
*50
6%
6'A
124
*122
80
22%
6,000
51
300
6%
6,100
124
10
♦19%
19%
19
19 %
1,200
62%
63%
62 %
63
4,800
*100
48%
101
102
*100
47%
49%
101 Va
101
101%
200
48%
10,900
101 Va
1.100
21'A
21%
20%
20%
20%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
7%
7%
7%
7%
8
7%
7%
7
7
•
*7%
21
*20
21
1,100
14,700
v
2,200
17%
17%
18
18
17%
17%
17%
17%
17%
17%
17%
34%
17%
600
34%
34 %
34%
34 Va
34%
34
34'A
34
34%
33 %
33%
25%
25'A
24%
3,100
25%
25'A
25%
25 Va
25%
25%
25 Va
*90%
25%
25 Va
91Va
3,100
91%
91%
100
—
Stores
pfd
conv
50 %
101%
"
*79
20%
24%
/
__5
com——1
—No par
*90%
91%
*13%
14 "A
*13%
14
*37
38
*37
38
13 Va
*37
91%
91%
90%
13%
13%
13
38
*36%
37%
*36
13%
90 Va
90%
•
13%
38
12%
*36
90 Va
80
12%
800
37%
•'-.
Gt Northern Iron Ore
Prop—No par
Gt Northern Ry 6%
pfd
No par
14%
15
.14%
14%
14%
15
14%
14%
14%
14% ;
44%
44%
44%
45
45
com—No par
14%
44%
15
44%
Great
47%
47%
48%
47 Va
20
47%
20%
19%
20
12,900
19%
19%
19%
19%
19%
20
100
19%
*134
19%
4,000
100
134 %
134%
*71
*135%
137%
76
*71
76
(H L) Co Inc
1
Greenfield Tap & Die Corp„No
par
38
38
*37%
38
15'A
*15
Western Sugar
1%
preferred
:
Bay & Western RR
(The)
Guantanamo
14%
Feb
12% Feb
20% Jun
23
Dec
44
58% Jun
16
76%
Dec
$5
57% Feb
81
21
Gulf
16%
Sep
14
18% July
conv
134%
.15%
134%
*71
135
76
"71
76
136
*71
136%
76
'
*71
76
Sugar
2,700
70
■■
•_
37%
37%
37
37%
36%
36%
36
36%
6,300
15%
15%
15 Va
15%
14%
15
15%
15 %
700
11%
28,100
11%
11%
11%
11%
11%
11%
100
11%
11%
11%
11%
*93%
94%
*93 Va
94%
*93%
94Va
*93%
941/2
93%
93%
94
94
10
Corp
20%
20%
20%
20%
20%
20%
21
21
21
6%
6%
*6 Va
20%
6%
20%
6%
20%
6%
1
6%
No par
common
preferred—
*94%
95
*94%
95
*94 Va
95
6%
*61/4
6%
95
11%
6 Va
6
'94V2
110
3,200
95
%
1,400
RR com.No par
17%
17%
17%
17%
171%
17%
*94%
16%
No par
17%
16 Va
16%
16%
16 %
54%
55%
54%
54%
54 Va
54%
52%
52%
52
52'/a
74%
54%
75%
55%
25
Gulf Mobile & Ohio
1,300
73%
75%
73%
74%
73%
74
74%
74
No par
73%
74%
11,100
*17%
18
17%
18
18
181/4
17%
177/a
17%
17%
17%
18
23
*32%
33%
preferred
Oil
134%
,—3
preferred
Grumman Aircraft
$5
*14%
135
—
Common
9
;
No par
4%%
Jun
103
new__—10
common
Grayson-Robinson
18%
101%
*101 %
*20%
Greyhound Corp
July 21
18%
64% '64'A
1
—
123
*100
No par
13% May 17
14
♦120
No par
preferred
98
Jun
V
81
1
Graham-Paige Motors
51
Jan
(B F)
*79
50
Goodyear Tire & Rub com—_No
57%
13% Dec
Inc_
preferred
Green
97
Feb
No par
com
Gotham Hosiery
6% May
31% May
Apr
(The)
conv preferred
;
Brewing Co
Stock Telegraph Co
Goebel
Gold
No par
,
Green
9
♦101%
77
9
25% July 12
103
25%
*74
27
4
*101%
25%
77
Jan
Jun
500
*74
40"% Jun
17% May 17
27'A
77
Granite
12
*26%
*74
Grand
28
27%
77
22
15
900
27
*74
34%
1,500
27
77
91
"•■:
27
*26%
*74
20
Jun
27
129
3,000
100
20
2,900
25%
preferred
34%
28 Va
129%
3% %
*89%
30
7,900
V-/: 25%
25%
Oct
99
27
82
1
1,300
5%
25%
24%
5
22%
120 Va
5%
27%
129
82
common
2,800
19,600
25%
25%
Oct
26
27'
6,600
3%
22%
28%
83%
May 26
Feb
28%
128
15%
25%
25%
25%
•■/•'"
27%
128 %
5,700
13%
120
-V/
5%
*81
35
90
.127
23%
83%
31
Mar
25%
27%
27'A
129
800
25%
12%
123
*81
15% Aug £0
18
Feb 11
107
27
128 %
29
'
3%
5%
83%
24
Dec
25%
28%
22%
*120 Va
*81
Oct
90
25%
29 V«
5%
83%
Jan
18
25'A
29 Va
23%
123
5%
15%
4
700
15%
.
25
15%
*81
21%
16
25%
23%
*120%
5%
95%
*15
.13%
100
33
Feb
5
27%
131
123
5%
3%
12%
preferred
12% May
Dec
100 "
com
29%
"22%
*120 Va
'.'V
15%
4%
13%
13%
4%%
23%
*
preferred
Gen Tire & Rubber Co
29
5 Va
15
4
103
Gen
27
Jan
Feb
4
13%
22%
23%
14%
14%
13%
123
69,500
1,600
120%
95 Va
15%
4
Shares
65
64 Va
25
29%
Feb
40%
15%
14%
4
the Week
t per share
120 Va
/
95%
25
29%
5%
*95
15%.
Refractories——No par
*22%
123
95%
25
5%
23%
95
15
5%
98
Nov
15
14%
13%
v
65%
120%
25
*120%
123
64%
15%
10c
—
Gen Realty & Utilities
General
$ per share
120%
25 Va
-100
com
121
25 Va
23%
Railway Signal
6% preferred
13 Va
65%
V
for
Sales
Oct. 29
15%
'V-
No par
Gen
13%
120 Va
95%
13%
108
81
101% Oct
14 Va
95
64%
Oct. 28
'
5
21 % May
85
Dec
2
65%
120%
94%
106
98% Apr
64%
120 Va
15%
Dec
Apr
64%
120%
$ per share
Friday
Thursday
Oct. 27
$ per share
120%
95
PRICE8
Wednesday
J
64%
120%
*94%
1
Corp
65
f per share
*15
No par
Public Service—
Gen
f per share
Tuesday
Oct. 36
Corp
Gulf States Utilities Co
95
*94%
8,600
7,200
H
32% Dec
39
Jan
31
14
'
Jun
For
19%
footnotes
see
Feb
page
Feb
10
19% Oct
14
12% Mar
9
24.
35% Oct 15
22'A Sep 15
16% May 22
Hackensack
Water
Halliburton
Oil
Hall
(W F)
!
Well Cementing—5
Printing Co
—5
33%
*32%
33%
33V2
32%
32%
20
20%
20'A
20%
20
20%
19%
20%
19%
14
14
14
14
137/a
14%
14 Va
14%
*13%
*32%
♦32%
33
33'A
400
20
19%
19%
7,200
14%
14%
14 %
900
17
yiy>flift t'V Ji
ff •'to-rlftrfvtfcKtUVtifWwwwwi
■ViMWwnir-J^rrtftliWrini wviviq1
■
inBudB^fniuy^Wrtw •»•»
•
.
18
I
(1810)
THE : COMMERCIAL
Range for Previous
13
Range since Jan. 1
Lowest
Highest
S per share
$ per share
19
Jan
13% Mar
Dec
112
Feb
79
Dec
108%
Sep
19%
Apr
148%
Oct
27%
Dec
160
28 %
May
6 % May
75% Dec
Jan
39% Jan
10%
Apr
;
14 % May
21
Jan
12
107
Jun
16
Hanna
<
Va Feb
24
27% Jun
9
150 Va Jan
28
6',t
preferred
34 % May 15
Hart
Schaffner
Oct
26
19
't % J UAX
Harbison-Walk
Hat Corp
4
5% Sep 27
Aug 25
79
6% Feb
11
10% Jun 11
Oct
6Va Feb
11
11 Va Jun 10
69
Jan
5
41/2 l/o
Hayes
Dec
35%
Jan
May
30%
Jan
20% Oct
28
27 % July 12
Dec
103%
Apr
78
Jan
27
91
Jun
25
May
42%
Feb
35% Apr
13
42
Jan
2
Jan
23
103
May 28
51 % Feb
9
62
Julv 16
35
x95
Dec
108
July
Nov
49%
68
Jan
26 Va Jan
Mar 10
x20
95 Va
23
Oct
bo % Ov.t
10
Mfg
Corp
3% </v
Glass
Heinz
(H J)
3.65Ve
Helme
13%
*13%
13%
13%
13%
13%
13%
300
81 %
81 Va
81%
*801/4
81%
80
80%:'
240
26 Vs
•
105
*103%
26%
26
*5%
150
27%
/ 6%
27%
70
'
*5%
■.V 6
*681/8
70
8%
8%
8%
8%
10 Va
10%
10%
10 %
22%
23
22
22
10%
10%
23
5
23
22
23
*22
86%
*85
*37%
38
*97%
*59
*5%
Va
!
251/4
!
221%
20%
86
38
38
*37%
38
'
37 7a
'
.25
98V4
97%
97'%
*97%
98
Va
59%
59%
30
1,600
V 7,100
10
22
22
%
3.400
21%
21%
*85
'•
22V4
22
100
.
8%
9%
10%
22%
86%
5%
8%
9%
1,200
68%/:
*681/8
9
8%
22
86%
26%
5%
70
*68'/a
8%
150
26%
*5% V: 6%
6'/4
70
2,500
25%
*147
26
10 Va
*22%
25%
25%
150
26
.
105
*103%
21%
900
59%
%
*85
86'%
*85
86 V2
37"'/a
*371/4
38
*37
38
*97%
98%
*97%
98
*97%
98
2J%
23%
23%
28%
23%
*351/4
/
;___100
preferred
non-cum
10
$ per share
•
105
*147
26%
8%
*85
35%
*35%
35%
;
*16 Va
16%
15%
15%
26%
*26%
.
goo
40
400
10
l'/<
*68 Va
70
*103'%
25%
*5%
6%
*68 %
23
*85
V4
23
*22
25
common
26%
9
*8%
105
150
*147
27
70
:
15
preferred
25%
150
26Va
%
*103%
26
25%
*147
27%
$ per share
$ per share
105
*103%
26
*147
150
$ per share
105
100
New
29
13%
81
1
Co...——r
Co common
,(G W»
•
13%
82
*27
____2
preferred
the Week
*81
100
_
for
Sales
Oct. 29
Oct. 28
Oct. 27
*13%
*147
,_L
Hecht Co common
29
35 % Oct
29
14 Va Feb
7.J
Friday
Thursday
Wednesday
13%
100
of Amer c:ass A_____—_l
preferred
Hazel-Atlas
5
23% Oct
29
—
$ per share
PRICES
SALE
82
10
:
HIGH
Tuesday
,
Shares
*103%
com_.No par
Marx
Oct. 26
Oct. '45
*13%
100
—
&
Monday, November 1, 1948
*81
No par
Hayes Industries Inc__
>
22.
Refrac
AND
V
Monday
$ per share
Co $4^25 pfd__No par
146% July 30
25
90
<M A)
Par
.t '
Hamilton Watch Co com,
4% conv preferred-
x
10
21
Saturday
Oct. :;3
89
3
Mar 22
Feb
12
May
4% May
CHRONICLE
LOW
STOCK
$ per share
9%
6
YORK
EXCHANGE
xl01%Feb
Feb
100%
NEW
Highest
$ per share
Dec
87%
102%
FINANCIAL
STOCKS
Year 11)47
Lowest
&
2j
%
new—25
23
23%
351/4
35%
15%
15%
l,2ud
.
40
v
14 %
1
May
50%
Sep
118
63
Feb
46
134
Mar
121
Dec
29%
•
Feb
Dec
126'
v
22%
38
Sep
134
Sep
Oct
20
Sep
29%
Jan
Mar
9
Feb
21
25% Oct
16
20% Oct
10;% Jun
16
14%
19
14% Jan
37
2
Hilton
28
Jun
1
Hinde
&
13% Aug 13
25% Jan
2
Hires
Co
21% Feb
29% May 20
16 % May 17
20 %
Oct
25
Jan
Jan
5
Oct
5
15% Feb
14
11
29% Oct
Jan
Nov
Jun
32V4 Sep
21
42% Feb
36
Dec
26% Feb
11
35% Jun
Feb
12% Oct
13
18%' Jun
Jan
Feb
34% Sep
20
46
85
Dec
36
5
34% Jan
94% Jun
Oct
45%
jun
38
Mar 12
28%
Dec
20% Feb
20 %
i
81
29
Feb
Dec
31% May
38% Mar
3
May
7% May
33
May
12% May
-15 % May
7%
200
34
34
33%
33%
7 v 32%
32 •%
32%
32%
32%
28%
28%
28%
28%
28%
28%
28 Va
28%
28
29
14%
14
36%
13%
14%
13%
14 %
13%
14
13%
14
36 7
36%
36%
36%
35%
35»%
35
29
29 «/4
29 %
29%
29 V4
82 %
82%
82
82
Hooker
S2.25
3.%'c
preferred
Howard
3
5%:
Stores
8
Apr
May 17
Corp
$ per share
Aug
95% Mar 16
Leased
Dec
24% Jan
37% July 12
RR
35% Jun
27
11
22
26 % Aug
Idaho
24
lines
stock
*9%
10%
*9%
10%
49%
49%
49%
49Vi
491/8
49 %
1,600
18%
17%
17%
17
17%
16%
.17 %
14,bu0
14%
*13V2
13%
13 Va
14
14%
3%
$ per share
Jun
22
6% Feb
11
Sep
28
23% May 15
92% Sep
28
Feb
16
108
Mar
7
Feb
May
15% July
2
103
Jan
Sep
27
28%'
28%
29 Va
76
96
Jan
74
3%
Dec
5%
Feb
25"%
Dec
36%
Feb
24
Dec
Feb
135
137
Jan
2
59%
Oct
Sep
86
9
May
16
Feb
104
Dec
116
Feb
28
7% Oct
'
75 Va Oct
29
58% Feb
52% Jan
24
Jan
Jan
Jan
Dec
39Va Mar 16,
45
63%
Oct
43
Mar 12
32
40
Mar.
Feb
30
17%
Feb
17%
Feb
11% Sep 27
11% Sep 27.
17% Mar 9
19
Apr
26%
Feb
20
May
27%
Oct
22% Mar
29'/a Feb
158
Aug
137% Jan
35
4.
1
18
16
b
46•»
46
46%
46%
47
47
47
3.500
71
71
681/2
70'%
*67
68 %
68%
70
70
70%
70
70%
l.UuO
100
*152
157
157
*152
—
157
*152
*152
157
*152
*152
157
1.100
200
157
47
9,300
18%
2,700
8%
*8%
9
5
18%
18%
18
18
17%
18
96 %
95%
95%
95%
95%
Ctfs
Inc
Corp
preferred
•
common—:
—100
Rubber.—7 No
Iron
Machine...
Minerals
1
Co
29%
161 %
•
31
*75
International
$6
95%
95%
*94%
95 %
18
201
18%
*94%
2,600
95%
]
1
151
2 Vb
2 Vb
2%
2'/a
2%
2%
1,200
15%
15%
15'4
15%
15%
15%
9.4U0
150
30 Va
29 7
30%
161%
161%
7%
7%
31%
30%
"
80
*75
a
152%
162%
153
153
7%
7%
6%
29 Va
G%
7 %
31%
3014
80
20.(>00
163 Va
240
7
3.2UO
29%
*75
82
*75
80
29
1,600
30 %
162%
162%
30%
7%
153%
30
30%,
29%
30 %
163
162
31
80
152
150
151
30
162
3%
37«
1
34Ve
*137
138
59%
59%
*96%
32%
98%
3%
4
34
138
3%
138
137%
58%
59%
58%
*96'%
98%
*96%
76 Va
76%
76 %
*58%
60%
*08%
60 %
59%
4
32%
32
137%
33%
3%
32%
4
32%.
8%
8%
8%
98
138%
59
%
*137%
58%
59%
*96%
8%
'/a
98 Va
77
*59
60 %
No par
*41
42
42
42
41'4
4114
25
GO
60
60
60%
61
63%
34
34
34
12%
12%
13
22%
30%
common—,
*331'.
25
6.100
100
82
4
3%
3%
2.60 )
33
.,
32%
32%
22,700
*137%
139
58 Va
59%
13 Va
."*33%
12%
*12%
13'/4
12%
—No par
*22%
23
*22%
22%
12%
22%
*30
30%
*29%
30%
*29%
34'%
34%
34%
No par
—_
50c
preferred
34%
*138
1
35
*138
143
143
>
*138
8%
V»
139
190
58%
13,700
7,„-
8%
8%
8%%
1,400
751%
*58%
41%
41%
41%
1.400
63
62
63 %
3,900
*33%
34
76%
60'%
62%
63%
*33%
99
*97
41
41%
62%
/
761/4
60%
41
99
*58'%
77
*58 Va
v
*97
8%
*761/4
34
12%
No par
Stores
*8%
8%
*78
*76
Island Creek Coal common
May 25
1814
2%
100
—
Dept
Intertype Corp
17%
15%
No par
ctffi
Interstate
14
«
*137
V
15
—
Shoe-/
share
18
9
'
7
preferred
Foreign
18
*8%
8%
-
International Telep & Teleg—No par
24
8%
2%
7%
*75
9
*8%
15%
2%
16
30%
79
3%
No par
Salt—,*-T
International Silver
7%
31
33 7
of Cent Amer com—No par
preferred
International.
7%
5
100
!
com
151
30 %
100
I
2%
157b
162,1,-2
Corp
7__
1
Canada com—No par
Paper
2%
16%
29 %
Mining
of
a
*161''2
Sys class A—25
com
*8!
151
,151
.100
$4 preferred—_
V/c
16 %'
No par
Chemical
&
Preferred
5 7c
2%
par
common..... No par
preferred
Int'l Rys
*94
No par
preferred.^—i
International
39% May 20
145
46
8%
'
May 27
35% Jun
46%
*8%
Mar 31,
26 7
,
46'%
1
4%
16% Jun 24
16% Jun
46 %
18%
International
65-% July 12
*
46 %
____
46 '/a
Int'l Nickel
12,
45
10%
19
Int'l
2
40% May
*10%
47V4
29
-
10%
Int'l Hydro-Electric
1
Jun
10%
18%
2
64
10%
46 V4
77c
May 20.
107%
*10%
19%
3
July 22
14
15,
Feb
Apr
99
10%
47
Interlake
23
1391% July
64% Jun
42% Mar 17
107%
Jun
34 V8 Oct
*10%
Intercontinental
5Vt May 20
7/s Mar 16
10%
Mex,
19%
4%7i?
9
93
9
3% Mar 16
*10'/4
Interchemical
24
38% Jun
2.500
10 %
De
46%
Harvester
■
10%
23%
47%
Business
11
10:,4
23' a
19%
Int'l
23% Feb
11
23%
19%
Int'l
Oct
10%
23%
46%
11
34%
11
23%
a
a
14
9 % Jun
10 7
23 %
28%
19%
11
11 V
8,100
11
23%
„
-
46 7
154
5% Feb
29%
10%
23 %
29
19%
174% Jun
Feb
28 7 a
28%
11%
23%
•_».
46 %
x34%Jun
10%
740
19%
18
May
22% May
28%
98
33%
'
47%
10
% Jun
28%
300
*96
*33 %
33%
19%
27
Oct
33%
Insuranshares
•
16% May 24
160
34 %
47%
26% Sep
Jun
33%
.—No par
125% Feb
186%
97%
*96
34
10%
Co...
Inland Steel Co
3% May 18
11
*96
97%
331/2
Inspiration Consol Copper——20
8
11 Va Feb
97%
97'%
33%
84
23%
preferred
67c
1.800
13,000
33%
33%
common—No pnr
Ingersoll-Rand
25
33%
37%
*95
1
47V4 Oct
33%
*33
Rayon
Shares
37%
33'%
Industrial
the Week
share
*82'%
97%
56
for
Sales
Oct. <,\)
t per
$ per share
37%
*83%
28%
Friday
.
Oct. 2H
33%
37%
83%
10
21% May 27
8% May 24
Thursday
37%
33%
38%
83 %
29
bud
84%
33%
37%
83'%
10%
___No par
3,400
37%
33%
37 Va
*95
■
3%
14
*83 Ve
33 V.
83 %
33 %
500
133»
3VB
14
84
33'%
36%
*95
-100
3%'
100
PRICES
S per share
share
10%
*10
13%
*13%
Oct. 27
84
S A—
160
S per
13%
3%
7
Wednesday
33%
Electrica
10
SALE
38
Industria
11
HIGH
AND
Tuesday
33 %
—1090
:.
3%
13%
37 %
28
15 Va Feb
3%
13%
*83 %
15% Jan
34% Mar 10
3%
13%
Oct. id
Sper share
:
14
3'/4
Oct. 2f>
22
8%
14%
!
13 %
3%
14
Monday
10% Oct
Sep
14%
3 V4
14
10%
Oct
Jan
11 %
49%
17%
23%
17% Nov
2.200
*9%
10%
.42
1.500
4
49%
23%
Apr
43'2
3%
GOO
16%
43%
10 V*
5
11
*16%
4
18 VH
Power
76% Jun
16%44
3%
49%
Terminal RR
Feb
16%
44
4%
10 1/4
Illinois
Aug 11
6,4U0
17%
Indianapolis Power & Light—No par
3
4.600
491/4
Illinois
Jun
120
48%
34%
11
14%
ser A.— 100
Co
1.800
'
-
48
16
8
'
■
33%
1
44
*3 7
4%
500
82%
17%
9
66
143%
16
44
May 26
12% Jun
3.
150
Jun
15%
45
25% Jun
30
49
*3%
Saturday
A
2934
49%
*13%
common/100
series
H
*82
34%
15%
3%
4V
*291
82%
48 V2
44'%
*13%
_____20
ctfs
29%
34
4%
Oct. 23
pfd
36
49
16
LOW
Co
v
17%
STOCK
RR
*34
34% V
45'4
No par
Co
Power
5,300
48'/2
16
1
non-cum conv
1.60 J
14
35
*82
29
34%
*3%
6,400
*28
7*13%
■"
*9%
'/
6.66%
Illinois Central
f
32%
49%
—100
No'par
Inc
32%
49
44%
4%
14
35%
17%
11
11
Feb
'9% May
9% May
preferred—.
48
45
17
39
37%
*16-%
.
9% Feb
Dec
46%
—1
20% Feb
July
'
Corp.—
YORK
331B
v;i:7'34%
Dec
17
38% May
94% Dec
•v,'
35%
Jan
50
130% July
49
35
11%
Jan
Dec
48%
36 Vb
30%
x35% May
6
48%
Par
97
Feb
v.
35%
$ per share
26%
Dec
81
48 Va
EXCHANGE
Jan
163
29 %
81
.
1_25
c
—
NEW
/
Jan
3
29%
82
4
Foods
67
9% May
30
a
—No par
t
v
Hussman Refrigerator Co
July 13
97% May 17
Dec
29%
*81
43
Hupp
90
100%
•
.
.
5
Hunt
16
*36%
„
—100
_
"
Bay Mill & Sm Ltd—No par
42% July 14
May
/
Manhattan common—100
non-cum
62% Feb
6%
5
,__No par
Household Finance com——No par
■
27% Mar 16
12 %
Co_
conn
preferred.—50
conv
30Vb Apr
33
12.50
Electrochemical
Houston Light & Power,
Lowest
26
700
Dec
180%
3,101
2 6 V4
bud
Dec
Dec
26%
26
29%
64 %■
169
26
26%
29%
39% Aug
12%
261/4
26%
29%
32%
Dec
100
2,100
29 %
18% May
7% May
400
15%
11%
29%
37% May
x21
33
15%
STOCKS
$ per share
15
33
15%
11
29V2
Houston Oil of Texas
Range since Jan. 1
- Highest
Highest
May
33'%
*15'%
11
29%
Jan
Year 1947
93
*32%
15%
10%
29.1/2
Range for Previous
30
33'%
*15'/4
29 %
30
i per share
*32%
16
29%
Hudson
Lowest
33%
*15%
30%
..30
Hudson 'Motor: Car__,
5
11
*32%
*29%
preferred-Mining
conv
22
19
1
27
*10%
16
13%
14
14% Jun
26%
11
33
23 %
49% Oct
21
10%
321/2
*15%
16%
23%
22% JUn
27
'11
11
*32%-753
*12%
20
Sep
11
11
goo
3,100
23%
14% Mar 17
Mar 16
78%
23%
34% Jan
3
23%
*77'/2
21
25%
Oct
12
23V8
78 ■%
21
*12 %
Feb
12'% Sep
23%
*77%
21
14%
Hoye Sound Co
Feb
23'%
78'%
21
24
%
7%
23%
*77%
21
26%
21%
3% May
23%
78%
21
*23%
10'
14% May
2j %
*77%
*13
Hudson &
28
21
23%
78%
14
6'
7
21
23'/2
24
9
47
29
21
*23%
23%
Mar
31
3<0
*12%
Jun
26
Jan
*20
*15%
.
80
400
115'%
13%'
15% Oct
3% Sep
8% Sep
115'%
241/4
7
33
117
13%
Jun
Feb
*115%
115%
3,100
27
24
25
Oct
*26%
14%
38% Jun
13% Mar
43
49
27
123 %
24%
IF
23
115 V2
*26%
14%
7
28% Oct
Sep
1
7
46%
123'%
•k
122%
27
*77%
5
Sorts.
Houdaille-Hershey
2
19
Oct
105%
i
116
46%
*122%
48
46%
1,000
.
*24%
14
37% May
16% Jan-
115
48%
123
123
23%
r.
•
116
48 Va
125
26 7 b
78%
•
,
49
*123
26%
/
23%
1
Co_.._
(A) ,<fc
Homestake
24
Va Jan
Furnace
115 Va
21%
48%
49V4
125
*26%
116
*20%
^—10
Co
The
48%
'123
16
*77%
x___5
_____
Paper
E)
48%
26%
16
16%
5
57c
•9
56
Dec
(C
*16
Holly Sugar Corp—10
1
197/8
Dauch
Hollander
25
29% Oct
48
'
13% May
28%
21
Hotels Corp.
Holland
28
30% Jun
*115
V-
16%
125
26%
——
10% Apr
1
*123
Heyden Chemical Corp
1
3.%% cum preferred.——100
Dec
May
44
2
25
Mar
48 Va-
x.,100
—No par
$4 conv preference.-./——No par
Hewitt-Robins Inc
.7.—5
28% May 20
86 Va Jun
16%
>
common.—No par
preferred
Dec
17
-i
5')v
Nov
31%
30
Hercules Powder
33
>
21% May
14% May
35 %
27% Jan
7
—-—No par
Hershey Chocolate com
July 27
9
Motors
x29%
Jun
Apr
123 %
Hercules
10
Oct
78
22%
30% Apr
Mar 22
114
18 % Mar
26-
22% May 21
57% Apr
6
128 Va Feb
2
34
*33'/2
12%
12%
12%
12
*12'%
12%
12%
V',:.
12%
12%
12 3a
76%
60
280
%
■■
34
12 1/8
12%
*121/8
lUd
'
121%
24.100
•
22
143
.
29%
.3414
,
22
22
29%
35
*29%
35
35
*138
143
*138
22
*221/4
v
£
30
29%
••
"
143
23
500
,29%
200
34%
'..34
35
2,000
3,500
/ 143
*138
y':.;
—
j
6% Jun
19%
80%
Dec
Dec
39% May
13%
Feb
24 Va
July
104 Va
6% Sep 27
19% Jan
Feb
Jan
53
82
39% Feb
-
6
May 15
18
89
Dec
104%
Sep
89% Oct
27
37
Jun
46%
Oct
33% Sep
20
Dec
125%
Oct
100% Feb
11
108%
24% Sep
98
34% July
Dec
112
Jan
Dec
-
145
151
Dec
27% May
86% Dec
25% Jan
39
20% Feb
19
99% Oct 28
145
Jan
29
Feb
29% Mar 16
101%
Feb
83% Feb
6
40%
Oct
31% Feb
11
10
-
May 27
23% Jun 14
Jacobs
92 Va Jan
Jersey Cent Pwr & Lt 4%
30
48
35
Oct
3'/2 %
28
106
39% Oct
93% Apr
43
%Jun
1
.
7
23
16
pfd—100
84 V4
21Vs
84'%
•"
*45 ; i
*90
91
preferred—j
100
40%
111
;
Joy. Manufacturing
Co__
z
1
*99
>
32 Va
48
•/%*90
'-'■■ri
39:%
>109Va
'
r*--32%
..*99
:
100%
6%
21%
85%
46
-
111
*31 %
,:
40%
^
'
■
71/8
7 Va
21%
85
v.
'•
45-%
*
•
*21 V4
6%
7
*47% •:
91..;/111
*110
32%
'
39V2
160
.
39%
-
ns5
38%
i
160
'
*99
■
';i *88%
6%
6,600
21%
200
86%
86%
220
48
48
48
47%
'47%
90 >
:
89%
89%
40% '
39 V2
40
32%
110
321/4
'
*21
21%
*109
32% '
33%
*155
160
"1,00 )
'•
*89%
91
39'/4
40
6,300
111
200
*108
111
35
34
40
34%
2,000
'
99%
100%
/ *99
*155
157
100
*98%
100%
160
154
155
50
"
60
'
38%
39%
39 3s
37%
37%
38%
•
89
'36%
36%
36V's. -36%
*14 V4
14%
14%'
89
89
89 v:
*88%
t.
6%
*21'/4
87
110
100%
*155
•"
*
7
21%
39%
'
40%
111
32%
•
100%
*6%
87
89%
91
39%
40%
'■>
87
48
49
*90
.
7
87
*21V4
21%
.*86% '87V4
"
*155
_
1
•7 Vb
*21%
Johnson common
.12 %
4% 2nd preferred series A_— '_100
Joh'et & Chicago rr stamped
i.100
Jones & Laughlin Steel com—No
par
5<'/c preferred serigs A.
100
111
<
No par
Johnson &
May 21
Jun
Co
3% '/£ preferred
100
Johns Manville Corp/com——No
par
9
158
L)
Jewel Tea Co Inc conu——No
par
/May 28
99
May U
42% Jun 11
113% Jun
(f
Jaeger Machine Co.
■
,.
36
>:
%
-
90
38%
37,300
^
88 %
'*88
400
'
36 Va
!'
*88
90
*88
36 V2
37%
38%
36%
'
'35
34
36 Vb
35'A
•
6,100
k
14
94
Jun
22%
Feb
13% Oct
16
21
May 20
90
Feb
17
98
May 11
23% Feb
11
48
Oct
22
Kansas
60% Jun
22
4%
Kalamazoo Stove &
Kansas
Dec
;
16
May,.
108% Mar
29%
Dec
47:% May
13% May
58% July
18
Nov
14-% Mar 17
18
20% May
13% Jan
26%
Feb
20% Feb 20
21%
Oct
17
41V4 May
26% July 13
22% July 12
52%
Jan
42 V4 Feb
3.80%
48% Mar 12
Feb
10
13
43 % Oct
21%
103
13
14% Oct
15
Dec
27%
Feb
19
Feb
11
Dec
116%
Feb
92
Oct
27
11% Feb
19
11% May
65% Jun
25
May
90
Dec
For
20
Feb
85
Jan
38%
Oct
102 Va Aug
footnotes
see
page
63
Mar
29% Feb
8
11
90% Aug 16
May 22
60% Oct
City
Furniture
&
1_10G
preferred
(Julius) & Co..
5
Kelsey Hayes Wheel conv class ;A_1
Class
B
1
Kennecott Copper..
Apr
20
Kern
16% Oct
20
Jan
37% Oct
Land
Co
____5
new
No par
*90 :
91%
1
rtrrjY,
'pM
y
10
common
—!.
:
100
57
15'/4
15
91Va
*90
15
15
15
46'/4
46%
45%
57
57
56%
57
17
17%
17%
17'/4
25%
25%
25%
26
18%
18%
18%
19
60%..
45 34
-15%
60%
45%
16
20
20%
94
94
*90
91%
>
60%
60
60%
45 V2
45%
45%
45%
1.500
16%
16%
25%
25%
;,25'/4
25i/4
18'/4
18'/a
18%
19
59%
60
58%
59%
.
59
59%
45%
46
46
46
V 46
>'15%
xl6%
17
15%
15%
15'/4
15%
20
20%
19%
20
19%
20
94
92
93
92%
93%
13%
13%'
*13%
13%
13%
13%
13%
68%
68%
*68 V4
69%
68
68%
68
68
36%
37
36%
37
36Va
37
36 %
36%
91%
91
92
91
91
*91
2,100
18'/4
17%
*92
15%
10
7,100
26
17%
1
20
19%
;
46 %
56Va
56
18 V*
*25%
.
94
15'%
1,000
"
60 V4
*92
91%
'45%
46%
57
19
7
*90
91%
47%
.46%
25%
37%
Inc
571
17%
35%
Co
47%
56%
19
68%
preferred
46%
91%
17 V8
25%
*67%
4%
91%
57
14
Koppers
V9T%'
4814
$5 prior preferred—No par
23
15
*90
15
*90
57
*13%
% July 15
14%
14%
47%
Kimberly-Clark Corp com—No par
4% conv 2nd preferred
100
Kinney <G Rl Co common
1
2
95
County
No par
Keystone Steel & Wire Co
24
May 24
104% July 14
14% Jun
2
75
par
—100
Kayser
23
51
J__10
Lt Co—
J
City Southern com__No
non-cum
24.
Power
preferred
15%
•
15%
r
*13%
V4
*91
92
46
19%
! 13%
-
1,600
1,700
•2.100
7,800
93%
♦92
'
15%
20
1,900
20,200
2H0
13%
400
68'A
68%
110
36%
36%
8,000
-*91
■
92
120
Volume
168
Number 4747
THE
COMMERCIAL
Range for Previous
Range since Jan. 1
Highest
X per share"
$ per share
'•
Jan
■4% May
38
Feb
45% Feb
16
58% July
Oct
>Feb
,
14%
56
7
"18
Feb
49
11
42
21
20
Oct
12
56% Feb
Dec
35
Feb
Apr
Kress
27
95
Sep
14
12%
Feb
10
Feb
11
44%
Jan
30% Mar
4% May
8%
Feb
4% Mar 16
8% Jun
Feb
1% Jan
Light
6%
4
"37%
Co__—;
pfd—75
Bryant
Rubber
Lees
Jun 16
—4
Pesos
i
—____50
1
Tire
&
3.85% cumulative preferred—100
Lehigh Coal & Navigation Co—__10
Lehigh
Portland
Cement
.—25
24
Lehigh Valley RR
Lehigh
1
Valley Coal
*23%
July 12
10% May 12
25
No'par
56
Lehman
(The)
1
12
May 20'
Lehn & Fink Products
5
17
May
40% May
"
25
8
Feb
46
40%
96%
Jan
82
191% July
157
May
Dec
33% May
10
47
26% Jun
56% Jun
13
31% Mar,16
Aug
91
16
12%
Oct
Dec
Jan
55 % Mar 16
47
Libby
Life
8
13% Jun
Dgc
28% Feb
11
30%
Jan
17
Sep
15
23% Jan
Feb
73% Sep
29
85
7%
2
20
Feb
13% Jan
27
Feb
15
Oct
Lion
Oil
Co.—__4(.r_— -.Li-No
Liquid Carbonic Corp com"
No
14
24% Jun
11
16
3 Vi %
May
79%
Feb'
57% Feb
28
'28%
68% Jun
Oct
19% Feb
27
21%
Jan
30% July 15
18
19
Loew's
21% Sep
7
158
Jun .22
137%
Dec
172
.V
•
;
v
,
.
141
Jan
6
*
23% Sep
22
53~
Dec
Feb
Oct
20
101% Aug
13% May
26%
Feb
92
Oct
Mar
.
Lone
Bell
Lorillard
l'/o
Cement
37%
38
37Vb
9 8 Va J my 14
24 Vi Jan
8
11:
28
Lukens
Lousville
4 Vi %
pfd
&
Sons
series
Steel
Inc
1,900
6%
6
Vi
6%
6%
6%
3,700
3%
3%
3%
3%
3%
3%
4,400
*41
63
*41
63
*41
63
24%
24%
24%
24%
*8%
9%
8%
8%
*8%
9
'8%
48%
49%
%
48%
49
9%
48%
9%
9%
9%
88
23%
23
52%
53 %
9 Vi
9 Vi
9%
*
37%
87%
162
40
37%
88
69%
43%
17%
17%
17%
75%
*73%
21Vi
15%
21%
21%
25
*41
9
24%
9
49%
9%
3,600
9
48
9%
9%
63
24%
25%
800
48 V2
3,300
10
2,200
9%
23
22%
22%
2,100
52%
52
52%
22%
51%
221%
52
52
4,300
9%
9%
9%
36%
*35%
9%
9%
37%
37%
88
40
9V4
X35%
88%
162
162 Va
*37
11%
24%
22%
88
162
40
10%
Vi
37%
88
162%
*37
16
49
9%
53%
37%
162%
49
23%
9%
17%
162%
*37%
88
40
36V2
1,400
88 Va
5,500
88 Va
87%'
162 Vi
162%
6,100
161%
162
-*37'/2
40
*37%
40
330
10%
10%
69%
69%
69%
68%
69
69 V4
70
44
671/4
43 Vi
6,600
1,700
44
43 Vi
43%
43%
44%
43%
44%
3,500
17%
17%
17%
17%
17%
17%
17%
17%
*73%
75%
*73%
75 Va
20 Va
20%
20Va
20%
5,200
26,500
76
*73%
21%
10%
76
21
10%
*73%
76
20%
21%
15%
lOVi
20%
10%
10%
10%
X661/2
1,400
15%
15%
65%
65 Vi
15%
15 %
15%
15%
65%
15 Va
65%
15%
65
66%
64 Vi
65
27%
.■•*
27%
64 Vi
64 Vi
641/4
65
27 '
27 Vi
25%
26
25
25%
21
24%
25%
25
20%
21
24%
5,300
20%
20%
20%
20%
20 Vi
20%
20%
20%
3,400
21
*145
No par
146
*24%
__50
145
145%
*145
145%
*145
145%
145:
2,400
145%
*90
24%
24%
24%
24%
24%
.*24%
24%
24V4
24%
600
44%
44
44
44%
44 Vi
X43%
44
43%
43%
2,500
27
x25%
26
25%
25%
95
*93
95
*93
95
21
*20%
21%
27%
95
22%
146
*5.
44
28%
*93
15%
-*24%
44
28
L____ 10
*145
; 24%
44
'
100
L—
37%
6%
24%
36%
5,600
6%
Vi
9 Vi
1,500
96
3%
9%
9%
*92
6%
*43%
com—1
A____
Co
24%
96
3%
*73 Vi
100
(Ml
Va
6%
63
'
A_..No par
Gas & Elec Co (Ky)
&
Nashville
Lowenstein
24
*92
3%
6 %
3%
*41
11%
common—_—l0
preferred
Louisville
13
(Md)
Co
40
12 Va
69%
44%
Corp—No par
Lumber
(Pi
23%
11%
11
:_No.par
-
Star
Long
*
50
May 153.
35% May 15
11
I8V4 Sep
4
24% Oct
38%* Mar 16
29%
39% Dec
17% May
93
Jan
;
.
Feb
Inc
23%
12%
69 Vi
100
24 Vi
38
7"
p,ar
700
46
38
49
87%
par
1,000
39%
38%
52 Va
Lockheed Aircraft Corp________*___1"
20%.May 21..
12% May
17% Apr
preferred,.
conv
28%
39%
*45
38 Vi
23%
—No,par
28%
39%
38%
4
*38
Co_
29 Vi
38 Vi
6%
*162
Eelt
29
39%
11%
23%
•'
46%
29%
40%
V 29
12
53
25
*44
Va
*39%
Vi
40%
96
•
36%'
10,100
24%
29
12
9%
—
1,100
*92
52 Vi
100
—
3,200
12
%
23%
com
12
12
*9 Vi
•
1,100
19%
96
7
:__
23%
6%
12
*11%
46
46
6
6%
24
par
Corp___i_____.:_—__5
46
29%
5%
18%
7
19 Vi
12
*•
*40
96
par
Libby__
.preferred
Linlc
9
Jun
Savers
&
'
Lily'Tulip Cup Corp_i__—,__No par
Lima-Hamilton
Corp
——L__5
,
10
109%
McNeill
Liggett & Myers Tobacco
30
May 14
70 % May 24
55% Jun 11
19% May
Dec
Stores Corp_i.______L.No
Libbey Owens Ford Glass—_No
2
174% Mar
34% Oct1' 7
8% Feb 10
pfd_L
Lerner
1,
12
38% Jan,
Mar 12
Oct
14
10% Apr
'35%
10% May
18% Dec
58 Va
20
Mar 18
8% Feb
63
Apr
'A Aug
78 %
•
x48
Dec
24
30
16% Feb
Feb
Apr
Oct
>/4 Mar
169
Sep
59%
May
78
9
11
'
29
Jari
pre'ferred__No.par
2nd
12
6%
7
18%
39
48%
1st
12%
*44
6
18%
1
12
*8%
May 15
18%
37%
24
25
19
41% Feb
6
7
'18%
12
%
5%
7%
18 Vi
38%
,
*92
25
5% Jan
Feb
Corp
23%
6
*7
46
*92
63
Feb
5%
7
38
12%
6%
9%
non-cum
1,200
1,600
38'%
12
4
50%
50c
47%
29 Vi
*41
38Vs May
10% Dec
$3 r.on-cum
54%
47V4
39%
1
Feb
26 %
541/4
48
37%
12%
*38 Vi
35% Mai19% Mar 30
55
47 Vi
39%
Vi
96
12 Vi
—50
55
48%
29
preferred—50
com—
3.200
55%'
48
6
*44
24
*. *92
25%
Non-cumulative
38%
55 %
48%
29%
14% May
5% Jun
,
38
55%
40
=40%
'
3
com
Shares
55%
18%
12
12
46
=>29
5
Co
Sons
&
044%
the Week
47%
5%
18%
12%
for
Sales
Oct. 29
4-per share
37%
*6%
i
Friday
Oct. 28
I per share
55%
47%
18 Vi
12 Va
37%
Thursday
>
X per share
47%
*55
7%
•
Oct. 27
$ per share
6
«6%
common„:.;.__No par
(James)
56
18%
35 % Mar
24
1<>
PRICES
Wednesday
Oct. 26
37%
373,4
SALE
'Tuesday
X per share
48%
6
Me"x
(The).__L—__Nopar
Co
preferred
Lane-Wells
Co___——
13% May 22
38% Oct 20
2
—10
4Va r/<>
4% July 12
3%
99
Gas
Consolid
Lambert
Lee
Jun
% per share
48(4
Lane
May
Co__—<c„.
Oct. 25
*55%
La
5
9 %
9
(S H)
Laclede
4
npr
Mar 24
,
30%
1% May
(1811)
LOW AND HIGH
Monday
Oct. 23
& Co—___——No par
47
May 18.
26% May 28
Mar 19
23
Feb
101
CHRONICLE
Saturday
Kroger Co (The) ________—_No par
22
14Vi May 15
53% May 17
29% May
6
1
30%
Kresge (S S)
8
Oct
24f
25% Aug 12
Vt May
STOCK
Far
3
6% Oct
Sep
Oct
.
9% Mar 12
Feb
...
'.Feb 13
4% Feb
Jan
j May
21
39% Jun
Jan
Jun
95
13
14
May
49 Va
Feb
,44
,
20% Dec
10
32
41
YORK
EXCHANGE
per share
Oct
•:.7
Dec
/
X per share
59
% Apr
9
NEW
Highest
40
jun
40
v
Lowest
52%
45
FINANCIAL
STOCKS
Year 1947
'Lowest
34
&
27%
*93
23
27
95
221/4
22
27%
*93
26%
95
22
23
Vi
*93
21%
21%
20%
4,200
2,200
M
34
Mar
;
30
41
Nov,
36
Jan
27
Nov
152
.40
Jan
Apr
2
129
Oct
14
142
Feb
13
18
134
6%
Oct
19
27%.Jun
10
Mack
Trucks
39% May 27
103 Va Jun
4
Macy
iR
% May
99%
41%
Dec
111
Jan
Mar
11% May
15%
16%
Apr
21% Mar
Dec
455
Jun
6
9
500
Dec
14
U
Sep 29
X16% Feb 25
9 % Feb
520
11
Oct
5
4
Jan
T
14%
Feb
Dec
3%
32%
Jan
7
Feb
5% Feb
Feb
8%
Feb
16%
Dec
15
34%
Feb;
22% Mar
97%
Dec
111% July
14
May
14% May
39% May
34
24%
Dec
39
Va May
88
Dec
85
% May
27
19% Jan
11
19% Mar
Nov
27% Feb
Jan
.
Oct
45
19
Oct
Jan
176
93
Jan
Jan
48%
7%
Jun
18
$3.75
Jan
13
$3.40
May 15
Maytag
Jan
110
11
12 Vi
43 •:« Jan
Apr 16
25% Sep
112
21
$3
9
41ViJan
27
Jan
12
com
Cchr
_
1st
McCall
24
15
20%
14%
14%
*515
7%
14%
560
7%
10
10%
10%
10%
20 Vi
20 Vi
20%
20%
11%
10%
10%
10 V8
35
*97
98%
12
m%
12
14
14%
10
20 Vi
10 Va
9%
10%
2,900
100
1,800
700
13%
2,800
560
*7%
10
20V4
8,800
20 Va
13%
*515
8
20 Va
18'A
201%
560
7%
10%
20 Va
18
20%
*515
8
*10
300
35 %
98 Vi
20 Va
560
7%
38
136
35%
*97
V.* 11%
14%
*515
8
24 Vt
25
*94%
95
25
13%
8'Va
10
2,500
10
*20 Va
600
201/4
600
13%
13
7Va
24 Va
•
24V4
7
23 %
7%
5,900
24
6,100
7
6,300
7
'
17%
24%
171/4
25 Va
95
13%
24
7 Va
7Va
*
17 V4
95
4
'p :
10
;V
13
25
*1.7%
■
17%
*17%
17%
260
25Va
*94%
13%
17%
13
24%
25
24%
25
3,800
95
94%
95
*94%
95
100
12% 7:13
10,100
13 Va
12%
13
16 %
16%
16%
16%
16 V2
16%
16Va
16%
15%
16
Va
*15V4
15%
62%
61%
62%
1,200
61%
62'%
62
62%
61%
*20%
62%
62%
20%
62%
20%
20%
4,200
21
21
21
21
20%
21
20%
20%
1,400
40%
10,800
43 V'4
44
43%
*164
40%
169
Va
42
*164
■/V4i;-'vL
169
44
-44
44-%
87
*85%
87
*85 Va
86
85%
78'Va
10%
*78
10%
110%
*39
111
*27 Va
*85%'
85% l:
87
85%
85%
78 Va
*78%
79%
87 '
10%
10%
*39
40%
.'*39
110%
*110
111 Va
*110
27
27 Va
27 Va
40
111 %
27Va
87
*85%
87,'
79
*78%
*10%
167
43%
*85%
86% L
861/4
10%
39%
*166
43%
*85%
r
10%
27%
27
41%
169
43%
,
78
41
110%
27%
87
40%
*166
;44%
10%
4
_No par
41%
169
43%
78%
10%
42%
41
*166
44%
*85%
86
*39
;
169
44%
*85%
*78
_No par
41%
*164
*85%
No par
_No par
preference
'
7 Va
*
>'
10
,
62
: _No per
Corp
24Va
24%
'
94%
100
_L
24
7V»
17V4
94%
common.— _No par
cum
7%
17 V»
25
No par
.
24%
7 V4
17Va
__—_5
pfd—
24%
7V4
Corp... _No par
pfd 1947 series.
24
„
10%
^
10
:
'
17%
1
common
"
'
No par
..
...
preferred
$6
12
20 Vi
*37%
*130
18%
35%
98 Vi
-
38
136
18%
35 Vi
12
20'%
'
10 %
..No par
__l—
...
Co
Stores
Co
35 V*
98%
21
*20%
*37 Va
*130
19%
12 Vi
99%
12 Vi
560
7%
35%
*98
10Vi
20%
1
=_
..
Chemical
cum
14%
*515
77;/8
*10
.
_DOO
L)
Corp
cum
15
560
7%
_No.par
preferred
Dept
85
Mar 12
*515
_L_5
Co
&
$3.75 preferred
93
9% Feb
21%
14%
___50
_No par
preferred
May
3
6
38
*20%
38
136
19
"
Electric
77 Vi Aug .13
Nov
50
Feb
Jun
21 Vi
*37%
*130
19%
35%
13
*21
,
38
136
19%
99 Va
*12 Vi
L„___1
Martin-Parry Corp
47% Apr 20
84% Mar 27
36
*98
13 %
Corp
Mathieson
35 Vi
35Vi
*37%
*130
19%
99
Exploration.-—l_l_1
Field
Masonite
26
35% Mar 16
Feb
; 84
Co
;
(Glenn
Master
22
Feb
113
35% May
166
11
V4 %
Martin
69% July
9
27% May 20
.14%
Jun
.
4
16
14% Sep
100% Aug
97% Mar
108 % Mar
Marshall
16
47 Vi Feb
35Vi
37%
136
19%
*12%
.-Ll,__^6.25
Marine Midland Corp—L_
Market St Ry 6%
prior pfd.L^lOO
May 20
22% Apr
4
RR
*36%
*130
19%
.*98
_1
Co
Oil
.Marathon
17% Sep 16
29% May 18
103 Vi Jun
9
4
Oct
49%
Dec
42
8
20
(The)
Shirt
Mara'caibo
25% May .17
Jan
106
Coal
Manhattan
22
Nov
190
Dec
82
Mahoning
7
63%
35%
Co
Bros
Jan
37
136
19%
No par
com
____—___—10
Sugar
14% Jun
94% Sep .27
12% Sep 21
Jan
Magna vox
Manati
<
37
*130
5
Inc
Copper
'Mandel
20
Feb
Magma
8
26%
18% July
24 % May
175
6% Feb
com
pfd series A_
1—100
Square Garden——No par
Madison
23
i.10
100
Co
28
26
10
May
Hi
10% Sep
18% Mar 18
May
9
Apr
Forbes
Inc
13% Jun
20% Oct 27
Dec
27%
6% May
22 %
525
8% Mar 16
&
preferred
4 % 'io
15% Apr 12
24% May 20
16% July 6
a
Mar
12%
Dec
19% May
7
Feb
May
%
22%
•
96% Oct
•
18% Aug
10%
'
30% Mar 16
MacAndrews
*78%
79
43%
2,100
180
40
10%
*110
10%
1,100
40
*39 Va
10%
39Va
39 Va
100
111%
27%
27%
*110
111%
30
27
27Vt
2,400
:.7vL
Range for Previous
STOCKS
Year 1947
Lowest
;
$ per-share
24
Range since Jan.
Highest
Lowest
$ per sh are
$ per share
May
33 Vi
Feb
25
Feb
'107%
Feb
88;
Jan
5
82
Dec
Mar
45%-. Oct:
24
May
32
46
Dec
30 Vii
56%
May
87
Jan
30
lCVa May
Feb
105
,40% Dec
20 / May
16
May
%
19
Oct
23 %
Jun
16% Feb
24%
'
73
Dec
'
96% Jun
Jan
14% Sep ,27
'Feb
50 Va Sep
12 Vi Jail
20
Jan
44% Feb
! 1034/2 Mar
111% Aug
'
12% May
29% May
92
18 V
s
Mar
48 V'2
Apr
136%
36
Dec
/ 45%
,
Mar
15%
14%
47% May
84:% Dec
66
Y2
114%
13 1
35 '
12
Feb
Oct
21
Feb
-
88
70%
Dec
a
54 V2 Mar 11
102%
Dec,
48
16
14
Dec
10% Mar .16
7
May
104
Jan
15
:i23
July .21
Oct;
56%
98
?
Mesta
78
8 7o
Minn
21
P
3.20%
'Minn
17
Minn
$6.50
14
32% May
8
49 Va
110%
Feb
4
Feb
6ep
May
May
.
Feb
13% Feb
V 51%
Jan
'13%
May
23%
8
25%
Feb
9
32
Feb
Feb
11"
128 %
,34% Mar 17
Feb
»
May
15%
64%
Feb
10% Sep 27
47% Mar 16
Dec
17%
Dec
11% Oct 29
9% July 13
July 13
Jan
5
1.5 Vi Jun
24.
29% July
Mojud
SS
6
61%-May 17
122May 15
112% Apr
J
107/a Oct
$3.25
«6
18
.:
V May 21
17% May 15
May
"27%
Dec
20 Vi Oct
%.May
2 7.
27
9
Jan
,14%
11% Jan
23.
18%;Oct
22
footnotes
see
pne»
24.
Morrell
.
(John)
271/4
47%
47%
X461/2
46%
46%
46%
2,300
31%
31%
311/4
31%
31%
31 Va
6.300
90%
22%
88
88
100
22%
22%
600
201/2
.*19%
20%
600
I8V4
1,700
48'A
30%
31
90
*86,
61
V23/::/
22%
22%
20%,
201/2
90
*88
*221% L23 v'V/
*20
20%>
22%
*20
*181/4
87%
*851/2
87%
*85%
87%
*85%
39
*37
38%
*37Va
38%
38%
38%,
37
22V2
22%
22%
23Va
23%
231/4
23
15%
15%
15%
15%
15'/4
15%,
15 Va
22%
*51
19
9
61
53'/2
501/2
51
*51
15V2
151/2
15V2
16
16
*8%
15%
8%
*8%
9
60%
60 %
601/2
8%
19
18
87%
517/a
18 Va
*851/2
18 Va
30
87%
-
*85%
87%
37%
23%
*37
700
800
38
15%
500
22%
23%
3,600
15%
15%
1,700
*501/4
51%
51%
5IV2
150
151/a
16
15%
*151/2
16 Vt
2,200
*8%
9 Va
8%
8%
300
611/4
.611/4
1,300
8%
*60%
60%
6IV4
86%
*861/4
86%
87
300
22%
221/4
221/4
41 %
*21%
221/4
22
221/2
900
*39%
41%
40
40
41%
94%
41%
41%
*40
300
94%
*941/2
41%
95
941/2
94V2
94%
94%
94'/4
941/2
941%
-.05.
I6-V4
16 V*
15%
153,4
I51/2
15%
"15%
58%
I51/2
151/a
14%
15
58%
15 Va
58 Va ;.L59
————5
3.90'/o
*"40
pfd_100
'
5
;____10
A
46
**131%
13%
13 Va
11%
11%
11 Vi
11 %
vtc___Nopar
11%
Impl
:
*48 Va
48%
48^4
901/2
V 90%
*98
com—_1
17,
No par
121
*68
99
98'/2
17%
1-6%
121
10
63%
63%
com__—No par
7%
121
8'A
series
A__L____100
28%
30
63
48V4
49
90
-681/2
99
'99%
17 Va
61%
87
64%
=
'
.
46%
54%
46%
135
11%
11%
12 Va
12
12 Va
2,400
3,500
48
47.V2
48
48
48V4
91
90 Va
91%
90%
91
450
681/2
68%
691
68%
69
3,100
99'/2
99%
*991/2
16 Va
*117
62%
•>
'7%
100
16%
119
15%
119
63%
16
120 '
61 »/2
3,900
7%
7%
18,000
28%
18,000
29%
30 Va
99
29%
28
29 Va
40%
40%
*39%
40%
39V2
40
Tool^_L___No par
12%
121/4
12
12'A
11%
12
*25%
271/2
*25%
*26%
27%
*261/4
28
26%
26%
&
Co__„_No par
Lines.^.
—5
Co___—No par
,
^._3
54%
54 Va
54%
*108
*109%
111%
*109V2
54%
114
1111/a
10%
1
10%
10%
59V2
58%
59%
*109%
111
12
*22%
18 —
12
11%
12
53%
114
10%
59 %
54%
*109
*107'A
I
110
54'/a
110
53%
53%
*107
110%
114
110
110
28
*40
11%
*26
53V4
*107V2
UOV4
10%
•
'
260
61V2
12 V4
114
140
5,900
7%
401/2
54 V2
15%
119
62%
30%
*108
15%
119
100
61%
12 Va
A__Nopar
100 <
71/2
8
291/2
B.._i__No par
Utilities Co
L5
40
1,800
11V4
40 »,2
series
1,400
13
40%
series
r8,700
L
12%
12'%
5
53'/2
46%
135
13
12%
com.
46%
13
40%
27
52%
*133
48
<64
8 Va
X53%
*133
2,100
13i%
67V2
17
8
46 %
20
Co
400
•:=■•••"
"*90%
121
63%
8 V4
L
100
16%
581/2
135
IncLC-i-i—T.25
MH1sjl._____
*861/4
13 Va
68%
120;%
121
*45%
*133
90
69
7%
"
47Va
133
133
901/2
69 %
'46
:
48%
90%
69%
par
57V4
13%
11%
a
59%
45V2
1321/2
13%
par
58%
45'/2
132%
*13%
com_t___,_3
*40
87
'
1321/a
No par
series A—s—100
RR
&
26 Va
•60%
___.
preferred
•
25%
86%
Chemical
Motorola ;inc
25%
*22%
—L—
Moore-McCormack
9
Nov
For
26 Va
87V2
Power
preferred
*25%
1,500
=
,22%
Regul
pfd
Montana-.Dakota'
Montgomery;:Ward
65
24
$4
25%
32%
22 V2
&
Machine
Monsanto
35
32%
*86V4
Hosiery'Co
Monarch
97
35
331/4
22%
M
Carpet
*95
35
87 %
Corp
Mohawk
9
46
preferred
95
35
22%
'
7%
95
351/4
*86%
Prod
Mo-Kan-Texas
34
44
11
Sep 15
47% Sep 27
101
Sep 27
105% Mar 17
Feb
('
49
c
24
63%
10
33
95
Scott—-No par
"
3% May
11% May
33
—_lL____.No par
&
preferred
"Mission
15%
,.
'
*131
Moline
32%
95
351/4
19 Va
(*52
3%
Co__No par
qpmmon___1
Mfg—__1l1LI
No
$4 preferred
L,L_——No
\
*85 %
com——No par
conv
Min
Shares
36V8
48
19 Va
preferred.L____—100
&
for
the Week
$ per ■share
97
*86
20%
19
16
'
Minn-Honeywell
May 9
May 17
73% Jun
St
20 »/2
54
Minneap & St Louis RyjL
July 13
20%
19
22%
Co__
Steel
1st
Sales
Oct. 21)
"./
25%
32
23
,*15%
Copper
Midland
Friday
Oct. 28
I per share
*35%
48%
23%
;*37%
50
Co-', Inc
Thursday
Oct. 27
X per share
*32% / 33%
*95
90
18%
Transp
Machine
48%
311/4
*86
20%
,
50
.^Mid-Continent Petroleum
15
17
18% July 13
121% Oct 18
42% Feb 11
series)
Wednesday
'
"*23%
common_n__—_1
preferred
Miami
•>
90
preferred—
Inc
26'/2
48%
__1
Stores
Mill
33
36 Va
32
series)—100
(The)
Co
48%
_10
SALE PRICES
X per share
97
x26 %
27%
32
Corp—
1st
•
*86
_No par
(2nd
33
*95
*35%
-
3 6 '.4
.18
Co
Metropolitan Edison
May 10
105%' Jun
111% Mar 11
Oct
'
28% Mar
$3.1j0
7
Jun
(1st
Merritt-Chapman
•
30
Jun
/
56% Apr
98% Oct 25
*
&
140
.•431/4 July 19
Apr
&
Merck
69% May
14
Dec
Merch
19% May 27
V
11
51%
Mercantile
104% May 25
11
99
pfd
Shoe
Mengel Co
5%; conv
27% Jun 15
9% Mar 17
Jan
4 Vt ,;/o-
Mfg
4%, 2nd pfd
Melville
8
May
44% Jun
Mar 16
129% Feb
Nov
13
Feb '11
38% Feb
Nov
156
Jun
10% May
6% May
-
MarlO
Vi Oct
*.
2
63% July 13
95% Jun 23
28
86% Oct 21
Jan
8
Jan
*26%
'
ll
common
HIGH
Oct. 26
X per share
33
97
'*35%
__'No par
com
1—
Co
Norris
Corp
50 %
11
47~%
Mead
19% May 15
62% May 15
18 Vi Jun 24
29
Jan
17% Feb
33
25
Robbins Inc
._____
McQuay
46% May 28-
27
65%
35% May
97 % Dec
12
80% Mar 24
20% Feb 16
33
*95
—_1
&
preferred
McLellan-Stores
AND
Tuesday
Oct. 25
'
1
100
Co__J
Monday
.
-
X per share
Publishing—No par
Porcupine Mines
—5
$4
May 25
36% Feb
18 % Oct
83
23 %
Corp com
preferred—
Mclntyre
9
24% Jan
27
Stores
conv
v
Oct. 23
McKesson
2-
24 Vi Jun
Aug 13
19%
43% May
May 15
98% Jun
Feb
50
55% May
13 % May
35 Vi
'
Saturday
r
McGraw-Hill
1
Feb
25% Jan
•
5
May
3 Vi %
McGraw Electric
May 15
52 Vi
Sep 20
Jan
15
31
18% Feb ill
LOW
STOCK
vFar
.-
McCrory
14
42% Jan
23
87,
25%,Feb'
31%
Jan
C;% \'
3GVi May 21
24
23% Mar 17
YORK
EXCHANGE
101% Jun
;
34% Sep
45
105% Feb
L
Dec
88%
Feb
44
Dec
.17% May
21 %
Feb
NEW
$ per share
11
35
1
Highest
10%
.10%
10%
10%
10%
*10%
'57%
58%
57%
58;%
57'/4
58%
57%
41
600
12
2,100
27%
100
53%
4,000
111
110%
10%
'600
2,500
58
15,800
12
11%
11%
11%
12'
12
Hi/2
22%
*22%
22%
22V2
'22%
20%
22%
20%
21
21
21
18'/4
17,900
1,100
17%
18%
'18'%
18%
18 Va
18%
18
18
17%
18
3,700
a
11%
r
/
if iV'*"mii
20
COMMERCIAL
THE
(1812)
NEW
17
.
NEW
Range since Jan. 1
Year 11)47
g per share
17% May
25
Products
Feb
27%
Motor
23
May 27
Motor
Wheel
/ Feb
19
24
Jun
9
Mueller
Brass
22
16% Oct
26
Mullins
Mfg
14% Oct 23
Mar
16
22
May
15%
Nov
11% Feb
16
Apr
40%
Feb
33% Feb
16
45
35
Jan
107% Jan
2
112
Dec
127/b Sep
21
17
Jan
2
4
43
Jun
29
23
55% Jan
5
112
Dec
9%
Dec
16"%
37%
Jan
44%
Feb
35% Oct
50%
Jun
56
Jan
50 % Jan
19%
Feb
Oct. 25
May 15
Jun
4%%
• per share
No par
27%
• per share
Co
1
20%
1
15%\
5
14%
27
28%
19%
20'A
Inc
C)
(G
1
*42%
100
'109%
10
50
14%
Murray Corp of America
4%
preferred
com
27%
28%
27
27
20
*19%
20
20
20
20
20
20%
20
20
15%
16%
15%
16%
*13%
14%
*13%
20%
20%
19%
20 %"
20
20
15%
16%
16%
16%
16
16%
14'A
*12
14%
14%
36 %
37 ir,
common
preferred
42%
14%
*42 %
110
14'A
423/4
*109%
14%
14%
14%
♦36
*52%
53
41%
109%
53
14
14%
15
15%
15%
36
37
38
37%
38
53
53
53
54
20
9,500
15%
36
53
*52%
•
1,200
400
.No par
•52
5
100
Myers (F E) & Bros
18%
19
18%
19%
18%
18 3A
18%
18
18%
*31
31%
30%
31
31
31%
31'A
31%
30%
31%
31
31
♦26%
27
26%
26%
27
27
26%
26%
261/4
26%
25%
26
1,200
5%
6
10,300
■
°:1-
37
500
1,200
,
41%
'109%
37
14%
*36
2,800
40,000
14
41%
'109%
109%
4,500
109%
41
42
109%
110
109 %
13
42
42'/2
42 »/2
*
110
4,300
28%
27%
20%
14%
new
t per share
share
27%
20%
15%
com
1 per
27
Shares
$ per share
I per share
for
the Week
Oct. 29
Oct. 28
Oct. 27
Sales
Friday
Thursday
Wednesday
Tuesday
Oct. 26
*20
27%
20%
20
5
Corp
Murphy Co.
2
Corp
Corp
Munsingwear
10
107%
Monday
Oct. 23
Par
29% May 27
19% Mar 17
15% Oct
19% May
RECORD
Saturday
I per share
g per share
20% Jan
Monday, November 1, 1948
CHRONICLE
LOW AND HIGH SALE PRICES
STOCK
YORK
Oct
27 %
May
STOCK
EXCHANGE
Highest
-Lowest;
Highest
$ per share
YORK
FINANCIAL
STOCKS
Range for Previona
Lowest
&
iimini'rrrr
I
n
"53
;>
N
May
19
May
29%
Feb
20
May
Jan
Jan
4% Sep
8% Feb
29
11
13% July
Feb
10% Sep
27
17% Mar 22
Dec
29
Feb
26% Feb
34%
162% Oct
28
431/4
Dec
Dec
147/a
Jan
Dec
15%
Oct
13% May
17%
33% Feb
10
Feb
28
6
National
Biscuit
23
7%
Corp
7%
7%
*7%
11%
11%
11%
11%
13
13%
13
13
National
29%
29%
28%
29%
28 3/4
29 "A
29
29%
28%
29%
28%
28%
Jun
2
Feb
85
Oct
14
96 % May
23
38
165
Dec
190'A
Sep
162
Oct
16
177
136
Dec
167
Jan
130% Oct
29
Feb
20
11
Nov
Mar 30
Mar
134
134
preferred A
preferred B
Service
Linen
National
Natl
Power
cNational
National
ex-dist
Steel
21% May
28%
Jan
21% Sep
28
25% Jan
5
National Sugar
12% May
23%
Dec
18
Sep
27
25% July
6
National Supply
Sep
85% Feb
16
94
2
Jan
21% Sep
14
30% May 27
12
Mar 16
17%
Feb
13%
Jun
9% Sep
28
24%
Feb
10% Oct
29
19% Jan
13% May
105
Feb
18%
Feb
13% Feb
16
19
26
104
X27% Mar 12
35
July
38
Feb
100
Feb
87
Feb
98
Dec
106
Mar
11%
Dec
13
Nov
Natl
"15% May 26
12% Jan 26
Dec
Dec
18% May
107
4%c/o
Aug 17
44%
Dec
38
Feb
13
64
32%
Feb*
16% Sep
17
26% May 21
Dec
Dec
102
Feb
78% Oct
20
90% Jun
17%
Jun
26
Oct
20% Feb
11
34% Oct 22
May
9
New
York
Air
18% July 12
New
York
N
Dec
121
Feb
26
Aug
20
Jan
Feb
Nov
84%
Dec
107
Mar
10% May
16
Sep
25%
Sep
200
Jan
27
Jun
2
Jun
25
% Jan
27
Jan
N
N
2
81
$ per share
25%
Nov
Oct
15
30
18
62
26
Dec
30%
Sep
16%
Dec
33%
Jan
NEW
80
34%
37%
Feb
Feb
Aug 24
14% Mar 3
8
Jan
Jun
17% Jun
16%
16%
86
140
*220
82% MarlO
93
Jun
11
Northern
Central
Ry
Nov
25% Feb
11
36% Jun
14
Northern
Natural
11
27% Jun
24
16% Feb
78
Northern
103% Oct
11
Aug
19% Aug
22%
25%
Oct
17
33
Jun
45%
Jan
33% Jan
Dec
13%
Feb
6%
Apr
$3.60
104% Oct 22
5
$4.80
23%
*21
♦46
51
*46
51
*46
51
*47
51
♦220
250
*220
250
*220
250
♦220
250
;
•220
250
250
23%
Pacific
Northwest Airlines
100
11%
34
87
87%
88
88
183/4
191/4
18%
18%
18%
18%
85%
84
84
;■
*87
23
4
25
25
♦301/2
16%
60
22%
17
Vt'VV
16%
23
17
22%
23
/
16%
17
16%
16%
29%
28
28%
*29
29%
30
30
61
60%
61
60%
61
*25%
26%
25%
25'A
161/2
16%
16>/a
16%
10%
-10%
*84%
31%
10%
25%
26
16%
16%
16%
■:
10%
10%
10%
10%
10%
85
85
84%
85
31%
31%
31%
31'/a
31%
20%
21%
82%
87%
85 'A
31%
10%
♦85'A
26%
16'A
83
10%
.
31% '< 31%
-
21%
85
?'
Norwich
34% Jun
Ohio Edison Co common
Feb
27
Dec
38
Jan
27% Feb
10%
21%
20'A
21%
82%
82%
82%
104%
11 '
10%
104%
1041%
*104iA
104%
104%
10%
9%
11
10%
■
10%
10%
16
91%
Dec
111%
Feb
92% Jan
2
103
Jun
18
21
Apr
35%
Dec
26% Feb
11
43
Jun
15
Dec
18
22
17% May
93
Dec
7% May
86
May
15%
24
July
Dec
16% Apr
22% Feb
Feb
27%
107
92
9
8
Feb
89
20
Jan
2
27
Jan
26
Feb
Oliver
25
4% %
12% Apr 20
100
Jan
23
Jun
17
May
33%
Feb
Oct
163%
Jan
145% Oct
15
154
Jan
29
19% May
28%
Feb
16% Oct
29
23
Jan
8%
5
149%
■
37% Jun 23
Otis
May
16
Sep
11% Feb
27
153/4 May 17
Pacific
Amer
Fisheries
19
Feb
28
15
Pacific
Coast
Co
•80
Oct
9% Sep
60% Sep
34% Feb
13
/
50
Jan
24
Jan
46%
Oct
30
15 % Mar 20
x33%
17%
17%
*37%
37%
37%
90
5%
*5'A
5%
5%
51/4
600
12%
12%
12%
12%
♦12%
12%
500
3i%
.31%
30%
31%
30%
31%
97i/2
97
97%
97 %
97%
500
97
<35%
*17%
32
102
9
92
35%
34%
36
34V2
35%
13.000
17%
*17'A
*17%
17%
300
31%
5,800
12%
*31%
*5%
5%
6
12%
12'/2
12%
31%
31%
*313%
33y8
98
35%
98
36%
17%
33%
*12
31%
*97%
.-!■
12%
98
Apr 13
43% May 28
44 %
Pacific Mills
Feb
Feb
89% Feb
27
134
Jan
2
4% Feb
10
104% Jun
147
7
Mar 18
6% ADr
6
59%
Oct
40% Sep
4%
Dec
7%
Feb
4% Feb
13
5% May 17
8%
Dec
14%
Feb
8% Sep
28
11% May 21
May
18
July
Jan
55
Nov
Jan
Mar
109
13% Mar 16
46
92
Feb
5
Oct
20
6% Feb
Feb
9%
21
11
62% May 21
Dec
19%
Dec
For
109
~ July
32%
footnotes
Jan
see
page
Sep
27
28
Jan
2
105
18% Feb
11
Motor
American
May 27
Jun
8
26% May 27
10%
*66
40%
18%
70
40%
18%
33%
33%
54%
36
96%
54%
36%
97
136%
4%
50
4%
9%
16
65%
93%
Car
4%
Petrol
&
4%
Pipe L
Cos
Inc
convertible
com
*
com
preferred
Pictures
:
54%
36%
96%
136%
*135%
4%
4%
4%
49%
49%
4%
9%
*15%
10
16%
49%
4%
9%
1
_10
2%
Transp
preferred—
Paraffine
19
33%
No par
Panhandle Prod & Refining
Paramount
*18'A
33%
Airways Corp
Pan-American
97
24.
Packard
Pan
Panhandle East
21
96%
15
10%
*54%
36%
96%
*135%
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
21
May 17
14%
10%
25
Pacific Telep & Teleg common—100
G%
preferred
100
11
11% Jun 21
*23
32%
146
17%
17%
*15
15
No par
Corp
No par
66
100
10
Electric
&
21% Jun
Oct
*80
55%
15
40
Lighting
Jan
85
56%
10%
40
Gas
7
56
*80
85
56%
No par
Finance Corp of Calif
168
/
.
17%
55%
*80
-
97%
97%
35%' 36%
*17%
17%
•( • 32%
33%
102
103
9
9%
*92
93
*23
24
32% 327/a
*146
147
17%
17%
17%
non-cum
Pacific
129%
33%
147
preferred
2nd
Pacific
Dec
177/a
93
23
32% 33
*146
147
70
Pacific
July 23
33'A
*146
*92
23
24
*66
8
13
*23
No par
15
Feb
*17%
323/4
*102% 104
9
9%
17'A
17%
33%
33%
104% 104%
8%
9
*92
93
non-cum
55% July 13
30
30%'.' 36%
preferred
36% Jan
3% May
21% Jan
Dec
10
21% Jun
131
5%
1st
5
Inc
common
30% Mar 17
Feb
*37
*82
x55%
85
56
17%
31%
32%
31%
101%
32%
102
101 %
*101%
8%
9
92
92
23
23
32%
32
146
*16%
*82
55%
Inc
5
No par
100
65
93
4%
*92
93
100
101%
1
21%
21%
No par
64%
65%
8%
*23%
101%
1
16
8%
24
,
8%
8%
23%
23%
*100% 102
20%
21%
15%
*10%
15%
10%
10%
69
69
40% 40%
18
18'A
33%
33"%
54
54%
36
36'A
96
96%
135
135%
4%
50
4%
9%
*15%
64%
*92
8%
23
18
33%
*53%
*35'%
95%
*134
4%
4%
50%
49%
4%
9%
4%
16%
65%
93
8%
23
*100% 102
21
*69
*40%
213/4
'
9%
*16
x59%
93
8%
22%
*101
21%
15%
151/a
4,700
147%
20
16%
85
55%
200
*145%
16%
85
80
24
31%
32%
146
17%
5,800
32
*23
146
110
9%
92
91
24
1,700
103
8%
9
92
171/a
1,200
84
*82
56%
15
15%
5,100
15
56%
56%
-v:
'
47% Mar 16
39%
90
12.50
Co
Jan
25% May
x89% Dec
13
2.50
Jan
'
40%
10o
6
A—100
43~%
Nov
20
No par
Glass
4,900
18
18
62%
Dec
50%
73
May 27
17'A
110
*5'A
Mfg
Co
Owens-Illinois
8,300
6%
No par
9% May
Outlet
7G0
9%
6'A
100
&
10
2
104%
9%
6%
pfd
common
Jan
27
104%
10
37%
preferred
July
Feb
104%
21,900
18
10
80
73% Jan
82%
371/4
8
preferred
93
89
82%
18%
Collins
Nov
17
20%
82%
150
6.700
,
37%
common
Aug
Jan
21'A
21
18
preferred
(The)
68
51% July 20
32
♦37
No par
84
83
85%
31%
19%
2.50
Elec 4%
Marine
*84%
31%
37%
common.
Elevator
6%
Outboard
85%
Wl
convertible
Oppenheim
11.200
19
No par
Corp
38.700
10%
37%
Co
convertible
Omnibus
5
16%
10%
No par
Co
Corp
600
16'A
19%
-preferred
Oil
Oklahoma Gas &
17
36% July 13
Xl09% July 13
Mar 16
Feb
28%
Sep
Mar
11
Feb
13%
118
18% Jan
14
4.40%
Ohio
8.800
37%
o
10
*82
900
V
25%
*25
19
100
Pharmacal
104%
104%
20%
20%
*82%
61%
60%
3,800
371/2
:
Rubber
&
104%
83
500
23
-50
25
preferred
Telegraph
Northwestern
Tire
*82%
Shares
I per share
22%
601/2
for
the Week
I per share
29%
*26
Sales
Friday
17
share
30%
16%
30
23
:
60%
26%
21%
\
17 »/8
60'A
1
10
23%
30%
16
85%
Oct. 29
60%
*26
2,000
;
1 per
share
17
17%
150
18%
♦84
Thursday
31%
50
:
1 per
.
*23
23
5.100
5,200
88
18%
Oct. 28
Oct, 27
Oct. 26
• per share
22%
PRICES
Wednesday
10%
33 %
*87
88
HIGH SALE
Tuesday
Oct. 25
• pershare
*84
85%
•84
Monday
2.50
1
common—10
Inc
7% May 21
14% Jun
9
18%
10%
33
10%
331/8
10%
33%
87
Saturday
-
17 % Mar 20
Dec
10%
33%
11%
87
100
27% May 17
40% Apr 24
12
*21%
23%
34%
88
No par
No par
2
Norwalk
*22%
11
11%
35%
Ry_
13
3% Sep 20
10% Mar 18
15
34%
11
34%
Co
preferred
preferred
4.6%
300
♦21
51
11%
Co__
Oct 13
9% Oct
23%
23%
15%
Northern States Pwr Co (Minn)—
Mar 19
90
Aug 11
1,100
15
35%
j
Gas
Feb
15 'A
140
151/4
10%
Aviation
American
Jan
30%
Feb
15%
140JA
15%
35%
10
115%
Dec
700
15%
140%
15%
ColOO
Co
Dec
79%
139%
140%
*46
51
800
139%
23%
23%
..
139%
140
86
*85%
15%
15%
27,300
16%
16%
16%
86
139%
140%
140
15%
Oct. 23
preferred
Dec
22%
1,800
86%
.
83%
102%
5,600
37
16%
LOW AND
Co
American
North
33%
36%
86%
Western Ry. com
Adjustment
North
32%
37'A
17 J/s
Corp
Chemical
Norfolk &
17
33%
37
87
Industries
Electric
Nopco
5
11
80
33%
37%
33'A
*37
16%
Par
13% May 10
2
37%
100
:/
80
34'%
80
*791%
80
87
STOCK
YORK
Noblitt-Sparks
28% Jan 13
25
*78%
88
EXCHANGE
25
13% May
79%
343/a
16%
share
55
10%
79
85%
25% Sep
6% May
79
34%
37%
preferred
70
93
*91
Elec & Gas Corp—
cumulative
8,700
2.200
*83%
Jan
9%
30
9%
9%
93
400
/SO/®
3,700
100
Light 3.90%
*89
16%
16%
-50
*32
90
62%
85%
Nov
9%
*91%
103%
33
33
16%
*83%
53%
9%
93
*102
103%
62%
State
64%
*91%
89%
16%
Y
Dec
90
62%
21
Dec
33
*89
9%
*102
*32
*32
16%
Jun
33%
*102
90J/2
9%
62%
19%
56'A
3,400
15%
171/4
19%
Noma
600
10%
62%
19%
1
10%
10%
*15%
15%
16%
19%
17% July
36% Jan
Aug 11
*10%
*15%
62%
Shipbldg Corp partic stock—1
21
10%
10% ,11
15%
103'%
17%
Y
per
10%
10'%
11
*15%
62%
N
25% Jun
3,200
173/a
23
Highest
4
12%
62%
19% Oct
t per share
20 % Mar
12%
173/i
STOCKS
Highest
12%
63
*86%
Range since Jan. 1
12%
12%
17
pfd—100
Lowest
2,400
62%
.
Power
Range for Previous
Year 1947
210
24%
93
Y
$3.75
19%
88%
24%
923A
N
88
19'A
88%
25
91
17
&
19%
88
87
A
6,800
19%
24%
37%
Co
series
1,600
91
Jun
96
N
100% Aug
5%
22
88
89
23
Harlem RR
21%
22%*
80
*46
Y New Haven & Hart RR
6,700
88'%
37%
17%
common
400
110
201/a
89
100
6,500
74
IO91/4
109 %
25
17%
No par
&
22%
37%
No par
Y
22%
3,
24
24
24
34%
*79
preferred—No par
Dock
non-cum
Preferred
39% July 12
6
14% Feb
Mar 18
14% Jun. 9
255
19
10
17%
York
$5
19
63
City Omnibus Corp__
New
61
63
108%
32
9%
9%
900
2,500
U
%
%
111%
11
103 J/2
♦89
70
6%
22%
22
'
*23%
24
No par
preferred series A
Y
N
3
20% Feb
86
6c/t>
6
19
Mar,
6% Mar 29
15%
July
23% Apr
9%
9%
93
17%
t
•102
90%
*91
34%
St Louis Co com—100
Y Chic &
9
49% Jan
290
144
11
11% Mar
62%
July 12
*89
'
22%
90
131
6%
6%
22%
\2J
*10%
15%
y:32>,
32
90%
9%
*31%
.130%
*6%
No par
Central
92
43% Jun
31%
132
12
12'A
*15%
103%
*102
103%
31%
pfd—100
Brake
5
10
20%
Lowest
preferred
Newport News Ship & Dry Dock—1
11
Feb
Dec
23%
15%
12% Feb
Apr
I per share
*15%
39
19
Dec
1
35% Oct
Feb
52
80'A
common
Feb
137
11% May
Nov
11
12%
153/4
♦131
6%
19%
10%
11
Dec
Feb
230
10%
11
22%
May
187/a May
80
12%
10%
11
50
46%
32% May
12
12%
*15%
131%
50
7,300
•34%
165
165
88'A
325.0.7
10%
33%
35
25
89%
25
10%
Mining Corp
10
Industries common
1
preferred
—100
4 % c/o
18
x87%
88%
24%
10%
Jersey Pr & Lt Co 4'/e
Newport
90
*89
34%
*22'A
20%
7,800
17%
91
109%
22%
19%
13
Newmont
108%
22%
*22%
20%
10 %
1
Co
•
*89
July 12
Dec
35% May
89%
22%
17%
91
U ft %
113
20%
25 %
*102
New
112
17%
91
167
24
22%
22%
88%
100
8
114
600
17%
91
34%
23
*10%
serial
99
112
114%
57
*165
24%
♦24
*12%
conv
12% Jan
24%
57
167
231%
12
22%
23%
56%
56%
6%
6'A
%
*23%
18%
131%
132 %
6
No par
4%%
3
23
%
25
Newberry Co (JJ) common—No par
3%% preferred
100
New England Elec System
-20
6
8% Oct
Jan
132%
6%
No par
Inc
12
134
1,300
18%
17%
*165
167
7,300
21,800
19
91
341/a
35 J/4
343/4
167
4,400
18%
56%
17%
*891/4
l
Fibre
Co
98% Jan
10
90% Mar
113%
-10
Corp
Bros
24
May 15
56%
17%
6,100
t
16'A
*16
16%
*16
19
90
•88%
35%
24%
20%
Co_—
16 %
18%
166%
♦6
-23 %
*22%
Neisner
May 17
Jan
Tea
35
*132
%
No par
Vulcanized
Nehi
23%
(The) Pa com—_lo
Ref Co
16
57 J/4
173/a
88%
■
19%
/
♦56%
17%
166%
6%
*23
preferred--——-100
Natomas
6
88%
35%
6%
25
Corp
74% May
National
87%
57
8
16%
*16ya
19
7%
8%
*
No par
&
95
Jan
17%
No par
Corp„
56%
18%
35
Cast_No par
Lt
Shares
58%
17%
87%
1
Corp
Steel
Malleable &
Natl
May 17
114% Oct 23
81% Mar 10
100
100
165
Jan
1
25
9
19%
165
6%
24% Jun
U
20
163/a
19
*57
7%
147% Apr
7% Feb
15% Feb
16%
19%
Enameling & Stamping—No par
Gypsum Co com
1
$4.50 conv preferred
No par
National Lead Co common
10
Jun
Sep
16%
19
National
10
Jun
7%'
16 %
.—No par
Prod
Nat
19
29% Jan
Jan
4,200
7%
11%
Dec
Jan
2,900
133/8
Oct
1%
3.900
13 »A
Distillers
26%
43%
32
28
180
7
44
7
7%
44
U1/4
National
Jun
-
133/a
National
Dec
43%
13'A
May 21
Dec
-V
13%
22% May 21
};!
43%
43%
433/4
7%
73/a
44
400
164%
*164
13%
21
21%
44
164'A
164%
1,300
15,500
31%
13%
Mar 17
15%
43%
71/4
7%
7%
164
164
164%
164
7%
31%
32 %
13'/a
Co
Gas
Feb
6
44%
164
31%
—1
Cylinder
—
14y2
Apr
7
7%
*39
32
31%
32%
31%
41
*39
41
*39
32%
164
7%
44
18
Jan
41
31%
National
9
95%
No par
Cash Register—
*39
165 %
♦164
Jan
6%
32 %
100
—10
;
Dairy Products
No par
Department Stores
5
Sep
41
32%
14% Aug 23
22
Nov
41
40
4
10
commen
7,100
12%
11%,
57% Oct
28%
12'A
41
12
7%
20% Jun
11
*12%
*39
11%
11
12%
12%
73/4
27
29%
12%
12%
11%
15
20% May
1,2%
12'A
7%
37% Feb
100
12%
11%
11%
Dec
•i.
12%
12%
11%
Jan
Mar
5%
12%
*113/4
5%
7%
25%
88
5%
12%
12%
,11%
48%
28
Can
National
2
14% May
8%
53%
12%
11%
1
24% Mar 17
36%
5%
12%
12%
—1
Feb
107
5%
12%
12%
National City, Lines Inc
National Container Co
13% Jan
30% May
Dec
5%
12%
preferred
National
20,400
830
1
Co
Co
6
5%
6
5
Fibres
Corp
Battery
National
23%
96
18%
Inc—1
_
8
17% May
25% May
19%
18%
1
Automotive
22
9% May 20
9% Sep 28
10% Mar 15
20%
14% May
Louis
St
National Aviation
9% May 21
48
Jun 17
- Jan
38
Dec
175% Jun
1
6% Sep
National
8
July
32% Oct
20
Feb
May
26%
45
Mar 18
Jun
187
13%
7%
Corp
Co
National Airlines
10% May 20
Feb
34
Dec
13
Acme
'
8'A May
33
Chatt &
National
16%
Jan
165
Nashville
5
Jan
14
Jan
27
9
29
16%
Dec
9% May
10% May
24
32% Sep
20
22% Sep
8%
Nash-Kelvinator
24
Feb
30
21
21% Jun 25
14% Mar 16
14
1,100
330
10%
*10
10%
*68
72
*66
72
41
41
39%
40
18
18%
18%
18%
18%
1,300
33%
33%
33%
33%
11,500
54
53%
53%
53%
54
35%
35%
35%
35%
35%
96%
95'A
96
10%
72
41
*
10%
96
96
136
'134
4%
49%
4%
4%
48
4%
33%
V
4%
9%
9%
161/2
16%
59%
59%
59%
9%
93
*92%
93
j
1,400
25,100
4%
4%
.
30
3,300
49
*471/2
9%
*15%
840
4%
4%
4%
49
800
1,000
136
*134
136
30
220
15%
19,100
9%
15%
59%
*92%
500
'
-
59%
93
9.600
160
8%
8%
8%
8%
8%
6,000
22%
22%
22%
22%
22%
700
102
21%
101
21
102
21%
*101
20%
102
21%
30
27,800
Volume
168
Number 4747
THE
COMMERCIAL" & FINANCIAL
Range for Previous
Year 1947
Lowest
37
Sept
2
Dec
28'A May
7
Dec
87/a May
32%
Sept
38% May
7
A pi-
13 J/2
Range since Jan. 1
Lowest
9 per share
53%
Jan
43
34>/2
34'% Feb
2
Jan
Feb
14%
10
51
Mar 16
Feb
29
48%
Feb
38% Feb
16%
Oct
10
Feb
2
30% Jun
61/4 Mar 16
9
May 21
3 J/4 May 17
33% Jan
11
Transportation
Mines
&
*28
No par
Enterprises
9%
5
13%
14%
13%
30%
30%
46%
45%
*"131/4
13 %
13
13
7
20%
20'/a
Corp com—No par
*28%
32
__100
""109J/2
110
Apr
28 'A
10
34% May
22.
Oct
112
26
7
14
Jan
Coal
Coke
&
Penn-Dixie
Cement
Penn
Sand
Corp
Glass
5%
10
Co
preferred
Dec
26%
Feb
17 «/4 Sep 20
16% Feb 27
22 J/8 May 24
May
Pennsylvania
51%
Jan
37
Oct
18
48
Apr
22
Dec
118%
Sep
Pennsylvania Salt Mfg Co com—10 '
103
Feb
19
120
Apr
22
45% Jan
6
81'%
Jun
Nov
30
Sep
8
101 %
Feb
86% Feb
17
lft Oct
6
May
22%
Dec
23
May
8% May
13 J/2
Jun
20 J/4
22
34J/a July
34
4
Dec
9 '/a Feb
6
Oct
21
liil Oct
21
20 J/4 May
9'/g Sep 28
25J/a July 30
98'/2 Oct 28
Jan
12
22
10 J% Feb
Feu
99
July
2
7
Penn Power & Light Co
3 '/2 %
&
Eastern Ry
4'/g Jan
5
Pet
104
May 19
17% Jun
21
Milk
Co
V 4%%
Oct
14% Feb
47
Feb
11
Dec
40 J/4 Feb
13
s59
July 13
Phelps-Dodge
5
55
May 19
Philadelphia Co 6%
59
Mar
97%
Dec
21%
Dec
23%
111%
Dec
29'/2
Jan
Dec
120 %
50
Aug
109% Aug
27 J/4 Jan
Feb
95% Mar
5
21% Feb
104% May 15
24% Jun 14
26
22 J/4 Jan
26
104
May 15
64% July 12
25% Sep
115'/2 Jun
Dec
10% May
109% Aug
16%
21
Jan
28
20
111
91
Oct
14
Jan
22
21
Jan
Nov
28
Jan
85
Dec
9 8'/g Mar
81
25
Dec
Sep 29
43%
25 J/8 Mar 16
88
Dec
85
35%
Jan
109
Feb
87
Jan
3.8%
45J/2 July
9
91
8
26
6
9 7 J/4 Jun
3
,83% Mar 17
88 % Oct
7
13
Phila
12 J/4 Oct
18
13 % Sep
87'A Jan
22
54% Jan
92 J/2 Aug 31
77 J/2 Jun 15
12
14% May
Phoenix
Jun
,
30'/2
Apr
99 >/2
Dec
96'/2
Dec
10
May
88
Dec
18'%
Jan
18
Feb
12
38% July
108
102
10
25
110
Oct
Jun
103 % Jan
14
11 J/4 Feb
Mar
84 »/2
7
34% Jan
1
98% Apr
Dec
16%
Feb
30 J/4 Feb
Feb
96%
21
113
5
8
May 12
10
Pitts
July 28
$5
93
32%
Dec
16
Dec
16
Dec
12% Feb
11
Aug
169
/(.Aug
144% Oct
6
155
Apr
Feb
16
169
July 15
32% Oct
15
163%
Nov
32'A
Apr
7
May
8% May
114
Apr
5 9 J/4
203
26
Jan
42%
157
Feb
10'A
Nov
15
Dec
140
Oct
8
Mar 16
Feb
13
10J/2 May
171
May
17 'A May
20%
96
Oct
22
5%
38%
15
Feb
13
Jan
145
Jan
9
Oct
26% Oct
23
161
July 7
46% July 13
28J/a Jan 22
Range since Jan. 1
Highest
t per share
10
Sep
Lowest
I per share
14 J/4
Jan
Apr
19% May
11% May
38
Dec
33
Jan
6
35J/2
Oct
29J/a Feb
19%
Oct
12 Via
15 J/g
Nov
12% Sep
12 J/2 Jan
9
Dec
May
16
Feb
Dec
43
Feb
33 J/2
57
9% May 10
May
15% May
8 5 J/g
Dec
30% May
7
12 J/4
v
July 28
70% May
46
Jun
4
24
16% May 20
14'/4 July 12
27
28
71 J/g
Nov
62% Feb
16
11% May 18
35% May 21
71% Jan
9
32%
Jan
18
Feb
27
28% May 25
102%
Feb
81
Mar 11
38 J/2
27
25 J/2 Oct
Jan
Sep
11
32 J/2 Jan
94
15
Apr
39% July
26
6
20% Sep
51 >4
May
21 J/4
May
29>/a
Oct
109'/4
24%
20
Dec
Mar
36J/a
27
30 »/g May 15
39
Jan
61%
24% Jun
Sep
Oct
21
53
Jan
x25J/g Feb
Dec
106 »/4
29
26
5
42
May 18
Feb
101% Feb
Feb
X25
Feb
13
108'A Sep
11
33
25
5
3
July 12
Poor &
V
50
*"23
*94%
Public
1081/2
i 97
*95
105%
105%
*101
*23
tQS
53%
22%
*23
108'%
108%
108%
390
1
100
:
95
20%
20%
20%
20%
42%
41
42
40%
41%
40%
82
20%
41%
83%
83%
83%
83%
35%
35%
//V 83%
35%
37
36%
83%
37%
36%
36%
36%
37%
88
88
87
87
90
87
"86
*89
*85%
87
89
89
*85%
87
85%
85%
12%
*12%
12%
*12%
12%
*87%
90
*87%
66
*12
25
*33%
/ *"107
<"87
65%
66
12%
12%
12%
33%
33%
*100
115
33%
13%
33%
33'A
33%
33
33%
21
21
21
21
*143
149
165
*161
*143
162
♦161
35
,
i
149
165
35 %
34%
9J/g
9J/4
/-18%
18%
>.v,9
18%
18%
*"165
190
95»A
*78
100
<"145
>
*170
95%
,
150
26
26
*145
34%
35%
Saturday
34%
Monday
Oct. 23
*10%
47%
Hi/4
*10%
*143
149
♦161
165
34%
>
9
190
*170
'.
79
78%
78%
v
25
25%
> '
1
*145
36%
35
35
32'A
.
*20%
>
44%
44%
*10%
9
*170
93
14%
13%
13%
8'/2
8%
8%
*27 %
29'A
*27%
33%
500
101
13%
2,700
88
50
32%
4,100
21
700
"20
35
5,000
9%
3,300
17%
2,400
190
93%
340
*76%
78%
50
25
*24
24%
1,100
*145
150
*145
341%
33%
150
33%
2,700
29
Thursday
11
10%
10%
10%
47
481/4
46
47%
44%
45
44%
441/4
44%
-v
14%
14%
14%
14%
13%
13%
13%
13%
13%
8%
8%
8%
8%
8%
*10
46
.
yy *44%
14%
13%
8%
28%
29
/ 28
v 28
28%
Sales
Oct. 29
for
the Week
t perthare
10%
14%
y;
Friday
Oct. 28
9 per share
Shares
10%
.
300
46
4,900
44%
1,700
13%
1,700
13%
16,900
8%
28%
14%
13%
,
8%
9,900
28%
28%
500
66%
66%
66%
66%
66%
66%
66%
66%
66%
66%
23y8
22%
66'A
24%
24
661/2
3,500
251/8
23%
24%
24
25%
25
26%
31,400
*84
381/2
No par
21%
*84%
85
85
85
85
85%
39
38%
38%
38%
39%
21%
21%
21%
22
21%
85%
38%
21%
86
,
87
86%
87
200
38%
.
..
38%
38%
38%
38%
22
21%
22
21%
22
6,800
10,100
26%
26%
26%
26%
26%
27
26%
27
26%
40%
40%
26%
40 Vb
36%
40%
40%
40%
40%
40%
39%
40%
No par
39%
39%
36%
35%
35%
35%
35%
35%
35%
34%
preferred
35%
34%
100
*1071/2
34%
108%
107%
107%
107%
107%
♦107%
Purity Bakeries Corp
107%
1071%
__No par
30%
*30%
30%
30%
30%
30%
22%
*22
23
*30
26%
26%
108
y
13,700
11,800
11,700
*107%
108
300
30%
31
*30%
31
800
22%
30%
22%
*22
23
200
Q
24%
Dec
20% Oct
1
25% May 25
Quaker State Oil Refining Corp
10
22'A
*22
23
>22
23
R
7'/2 May
10%
Feb
68%
Dec
80%
Feb
63% Feb
11
8%
Dec
15%
Jan
6% Oct
7
94%
Dec
7% Feb 20
105 % Mar
91
15
41
Feb
32
Dec
Sep 30
221/2 Feb 20
32%
Dec
38J/2
Feb
31
16% May
22 J/2
July
37
48 J/2
July
Dec
33
Nov
9 J/g
May
39
28
36J/2 Feb
31
Feb
Feb
35
Oct
Jan
16 %
Feb
11 J/2 Feb
Dec
14 J/2
Nov
9% Oct
13
12%
20J/2 May
10'A Dec
29 J/2
17%
841/4
Feb
Dec
Feb
21
Oct
May 21
7
66
17
Aug
10% Sep
27
102
Jan
Aug
4
151/4 May 21
95J/2 Jun
17
99
33%
Oct
4% May
3 % Dec
9%
Jan
8%
Feb
22% May
101%
Dec
14
May
91
Dec
6%
Dec
30%
Feb
113% May
24% Feb
110
Apr
21
29% Jan
6% Feb
10
13
13% May
8
51/4 May 20
11% May 21
6% Oct 15
22% Feb
103
11
Jan
9
33% Oct
5
151/2 Feb
10
82 J/2 Feb
102
8
11%
Feb
5J/2 Feb 20
Jun
39
Jan
19% Feb 27
124
Jan
92
May
16%
36% May
441/g
Feb
7% Sep 28
35% Apr 23
50%
Dec
46
May
85/ Dec
104
Feb
May
Oct
23
21
May 15
291/2 Apr
104% Jan
Mar 19
45
7
1111/2 July 14
21 J/4 May 15
17
May
19%
90
Aug 24
2% Oct
f
22
5
Oct
14
94
28
24J/2 May 18
23 J/2
19% Sep
15 J/2 Jan
May
31
Feb
21
5%
Sep
24%
Nov
Oct
Oct
54-J/2 Jan
Feb
IO1/4 Oct
see
page
24.
$1
*31
32
32
32
*31%
32
33%
33%
32%
33
x31%
31%
33%
33
33
V 33%
33%
331/4
251/2
24%
25
24%
24«/2
24%
*33
251/4
50
*42
37'A
_50
13 VA
5
*103
13%
preference.—_ 10
12
July 12
29J/2 July 12
23% Oct 11
13%
13%
104
104
'
13%
*13%
Republic
6%
r
*23
9%
*10
100
*56%
571/2
50c
7%
7%
94%
92%
'
*33
24%
7%
93
*91
93%
*91
*91
31%
31%
*31
%
32
32
32%
31 3/4
32
2,400
32%
33%
32
33
1,600
243/4
24%
24%
243A
1,500
*42
431/2
*42
43%
*42
36J/4
13%
*35%
371/4
*36
37%
*36%
13%
141/g
>101
13%
141/B
14%
104
*100
13%
13%
*13%
14 %
104
13%
53,600
93%
43%
104
83/g
•
*100
133A
94
30
v
400
43%
*42
43%
371/4
*37
37%
400
14
900
14%
*13%
104
*100
13%
135/s
104
10
13%
1,300
*98
1
17
58
*9%
9%
9%
9%
9'%
*22iA
23%
*22%
23%
*22%
23%
9%
9%
9%
10
*56i/s
12
11%
12
11%
99
98
98
*97iA
10
58
12%
99
,
57
11%
*97
9%,
57
12
99
*56
11%
*97
10
58
11%
99
9%
9%
*22 %
y
23%
V 9%
r
*56
11%
*•97
500
9%
1,100
58
20
11%
12,900
981%
300
17%
17%
17%
9%
9%
9%
9%
8%
9%
9
9%
8%
9%
9%
9%
9,100
3
3
2%
3
2%
3
2%
3
3%
3%
2%
2%
3,400
preferred
_10
6%
6%
7
7
6%
7
6%
6%
6%
6%
7
2,000
Corp com_.__No par
prior pfd series A—100
*108J/2
1
331/4
No par
com
preferred
20%
__ioo
*100
2__2.50
com
6
__No par
convertible preferred
(R J)
241/4
32%
33%
*110
110
20
20%
*100%
101J/2
33%
112
20%
102
32%
110
20
101
17%
33%
110
20%
101
5%
6%
5%
23%
25 %
24%
25%
102%
6
24%
102%
102%
102%
6
17%
32%
31%
llOVs
>1081%
19%
101
5%
24
g5/8
g.y8
8%
8%
*8%
8%
36%
36 Va
36%
36%
35%
36%
36
47
47
47
3.60%
series
*46%
47
*46%
//
6%
17
31%
*102%
104
17%
110%
100
jq
*102%
20
101
6
...24%
104
19%
>100
102%
8
36
36%
47
47%
*47
48%
8
31%
32'A
*108%
3,000
llli/a
19%
*100
5%
23
102%
42,800
200
20
6,800
100%
50
5%
13,900
24%
4,400
1021%
\
470
*7%
8%
600
35%
36%
9,800
♦48
48%
50
*80%
81%
81%
81%
81%
81%
81%
81%
81%
81'/a
81%
81%
700
21%
21%
21
21%
21
21%
21%
21%
21
21%
20%
21'A
2,100
33%
34
32%
31%
32%
32
32%
No par
*23%
24
23%
♦23
"
32%
•
33%
31%
*23%
24%
*23%
51/8
5%
5 V
24
31%
*23
32%
24
*23
11%
11%
11%
10%
11%
11
11%
25
28 %
28%
28%
28
28
27%
27%
—2
23%
23 %
23%
23%
23
23%
23
23
*22%
1
21%
21%
20%
21
20%
20%
20%
20%
__No par
*64%
65%
65%
65%
65%
66%
65
12
12
12%
*11%
12%
11%
Ruppert (Jacob)
102%
8%
com__1
Ruberoid Co (The)
24"%
36%
8%
4%% conv preferred
Ronson Art Metal Wks Inc..
18 J/4 Jan
100%
17%
No par
Corp
72
20%
17%
1
;
Company
29
32%
111
5% y 5%
24
Roan Antelope Copper Mines
Robertshaw-Pulton Controls
22
17%
100
Manufacturing Co
Oil
t;
17
_10
Tob class B__
Common
Preferred
*56%
9%
ft*
50c
Reynolds Metals Co
Rheem
24
common
Rexall Drug Inc
51/2%
11%
25
Steel
conv
*9%
9%
9"%
Inc
Pictures
Revere Copper 6c Brass
51/4%
*9%
*23'/a
_
Royal Typewriter
6
36%
37'A
5
series^—
27% May 27
May 28
*42
43J/2
No par
common
convertible
Richfield
681/4
foctpotes
Motors
Ritter
26J/4
32
34
Republic Aviation Corp
Republic
15
17%
For
Reo
21
-
32
33'A
common
preferred
Jun
7% May 21
8
*92
50c
pfd 3'%%
Jun
42% May.,.
Dec
Conv
$4.50
49
14
94%
preferred
Corp
Remington-Rand
28
Mar 16
*92'%
common
prior
Stores
26
15% Mar
17
div
Aug 11
19% Feb
20%
100
100
Reliance Mfg Co
l
80
Sep
$1.25
Reliable
Jun
Feb
Feb
Dec
5
30,500
Inc
8
18%
Dec
Bros
Jan
25%
6% Feb
1,000
8'A
7%
(Robt) & Co—
50
29
69%
8'A
Reynolds Spring
Apr
19%
Reeves
Reynolds
Jan
4% Sep
13%
69'A
preferred
2
13%
18
7%
411/4 Jan
19
IOJ/4 Mar
Real Silk Hosiery
11% May 26
6
12%
70
7%
25
2nd
Jan
Feb
13%
69%
7%
50
non-cum
Dec
15%
12%
69%
7%
common
4%
Nov
Dec
Co
2
12%
Oct
13%
69%
preferred
Jun
24%
16
13
70
1st preferred
251/4 May 21
13% May 24
;
13%
70
1
non-cum
14% Jan
27
13%
70
No par
4%
18
20
Oct
13%
70
71/2
common
27
96
9%
$2
Reading
*
6
9% Oct
57
13%
70%
71%
pfd
Raybestos-Manhattan
Rayonier Inc
Reis
Feb
62
101
13%
70%
1
preferred
Apr
15J/t May 27
IO51/2 July 12
11
108% Mar
1st
39
21
May
May 17
$3.50
45
16
11
July 28
i 27% July 12
101/2 Feb 24
13%
No par
Ralston Purina Co 3%%
4
34% Jun 18
24
96
Radio Corp of America com__No
par
Radio-Keith-Orpheum
x36
28
16% Feb 20
July
18%
Jan
17
98 J/2 Jun
Mar 31
28% May
17% May
Jun
75% May 27
11% May 19
—
5 %
———5
!
?
>
,__No par
conv
80
,
115
com__No par
5%
{
23
5
Colorado—20
common
:
100
78
v
12
5 %
10%
*27
5%
5%
5%
5%
5%
5%
11,900
24
5%
13,400
10%
11
11
ll'/a
12,600
27
27
27
27%
1,300
22%
22%
22%
800
*20'%
20%
20%
201%
1,200 l
65%
64%
65%
65
65
1,100
11%
10%
10%
lO'A
10%
f
f
10,900
78
Oct. 27
I per share
44%
14%
131/2
No par
i
$
*24
48%
48
44%
14'/2
(The)
'
161
17%
94%
:'/r"
■
149
34%
171%
40
13
161
190
34
Wednesday
9 per share
48%
8%
Inc
Oil
f
100
.
65%
*143
351/4
93%
*
150
*85%
>
9'A
17%
94%
Oct. 26
' 4
11%
47%
48
441/4
No par
21
94%
Tuesday
Oct. 25
9 per share
13J/2
com
33
21
13%
88
32%
95%
150
*99%
*107
13%
*85%
9%
!
LOW AND HIGH SALE PRICES
$ per share
>
•/
25%
.25
150
13%
17%
*170
33%
100
115
V;
35%
9
*11%
•
33'A
99%
v
•
85
64%
14%
21
17%
85
I
65%
♦107
165
9,700
450
90
331/4
y
y
12%
*87%
33%
34%
18%
190
95%
'
Par
1
*170
0 *78%
79
79
35%
*12%
88
32%
*20%
400
12%
13%
*85%
9
18%
95%
13%
88
9
>
*145
v
36
3(5
34%
9%
190
95
79v,v
26%;
i 26
100
1
:
351/4
.13%
88%
90
64%
i
*143/ 149
*161
149
162
13%
*85%
20,300
*87i/2
.
82%
37%
85%:
*12
115
87
__lo
100
100
*107
13%
*21
100
33%
*991/2
115
86%
"
*"143
100
33%
100
13%
1
No par
33%
99'A
*107
>
14%
16,500
40%
82%
36%
*83%
<
66'A
*12
21%
>
100
No par %
33%
101%
*107
.
65%
V
89
13%
>
33%
101%
115
66%
*12
12%
*"100
100
66
20%
150
40 >
:
*12%
♦87%
90
65%
105%
20%
20%
90J/2
95
105%
82
90
__
♦94%
y
106
41
' y*
preference
108%
108%
•105%
20%
20%
*87%
com
300
20%
*12%
prior pfd
of
22%
84%
12 %
preferred
7,400
22%
42%
*"89
110
22%
421/2
V
240
.
22%
5
B
Inc
108'A
*94%
106
52%
?. 101 >
100
23%
*23
95
106
>
*
20%
14J/2
Pure
'
23
*'82i/4
1
Pullman
|
52%
s
102
22%
108%
95
106
53%
*101
/'
23%
98
*105%
53%
103
22%
3
10
Co
53%
*101
22%
23%
108%
98
106%
53
103
22%
108 %
No par
& Gas
div
23%
23%
108 %
com
Service
$1.40
22%
100
STOCK
Industries
El
52%
102%
22%
90
Procter & Gamble
cum
54%
102%
23%
*"107'/2
1
*53%
22%
Co__
Publicker
Pub Serv
54
103
preferred series A—50
conv
$4.75
54
*105%
,
Power
"
2,800
-
1,700
1,600
121/2
B
;
70
12%
9,400
'->37%
Pressed Steel Car Co Inc
41/2%
100
19%
5
class
99%
12%
200
57%
Co
Electric
>
99
47,700
53%
5
Co
13
600
9%
19%
Pond Creek Pocahontas
Potomac
98%
12%
13%
♦27
56%
Plough Inc
Oil
99%
13
9%
t:
53
>
Plymouth
13%
9%
14%
28'A
*12%
28
19%
EXCHANGE
'
'.,
Sper share
14
21
conv
NEW YORK
Highest
I per share
•
131/4
9%
54
STOCKS
Year 1947
Lowest
13'A
*27%
19,400
57%
Pittsburgh 6c West Virginia
Pittsburgh Young 6c Ash pfd
Pittston Co (The)
Range for Previous
100
28%
1%
19%
preferred class A
class
ser
v
9%
*27
*98%
28%
1ft
56%
100
28
1st
14
9%
1%
53%
preferred
preferred
51/2%
1A
19%
10o
Pittsburgh Plate Glass Co
Pittsburgh Screw 6c Bolt
Pittsburgh Steel Co com
7%
82 J/2 May 10
800
57%
Pittsburgh Forgings Co
9
9
97
54%
com__No par
20
Dec
200
Co
Oct
73% Feb
97
19
preferred
No par
Pitts Consolidation Coal Co_<
1
Jun
71 •/» Mar
13%
—No par
Jan
Oct
13%
13%
14
9%
97
1%
lft
15
9%
100
*95%
56%
common
10
Sep
*14%
*27
32%
54%
St Louis RR
20
84%
14%
10
32%
18%
5
165
93 %
9%
32%
No par
11
Jan
14%
9%
1%
240
*31%
57%
Pitts Ft Wayne 6s Chic
Ry com
2
1%
1,000
32%
97
96
54%
convertible
gtd
111
*31%
loo
Coke & Chem
7%
1%
32%
97
108
18%
14
1
96%
108
57%
15
39% Jun
*31%
96 %
new_No par
com
27
May
67
July 15
32
96%
29,500
40
108
108
40
54%
common
Jan
10% Feb
140
36 J/g
23% Jun
&
108
11,700
19%
40
18%
A___
preferred
15 'A Jun
11
165
■
$4
Pitts C C
108
19
19%
57%
Hosiery
Pillsbury Mills Inc
39%
110
18%
19%
55%
5%
13
41
♦109%
19
18%
series preferred
Phillips Jones Corp
Sep
41
40%
108
110
*109%
18%
57%
_100
preferred
Phillips Petroleum
3.60%
41
108
41%
108%
'
54%
100
July
19%
110
*29
19
preferred
63% July
19%
131/2
100
Philip Morris 6c Co Ltd
93
50'/2 Mar
19
*'13%
No par
com
series
Jan
81
110
*98%
100
Mar
100
30
5,600
58
;
101
30%
*29
19%
100%
22%
Dec
8,500
55 J/2
Reading Coal & Iron
Corp common
4%
20%
57%
■
preferred
20%
18%
*99
*"101J/4
preference
3%%
21
*"18%
&
Philco
20%
30
*"54%
preferred
8
500
20%
'
1
preferred
preferred
4.3%
10
12%
1,500
25
preferred
div
12%
*109%
100%
common—No par
Co
13
19%
28%
No par
Electric
13
13%
8%
No par
Inc
$6 preferred
Phila
$1
22
July
Co
Co
&
Corp
4.4%
Jun
37% Oct
Brewing
(Chas)
9
21J/8 Oct
19
Pfizer
8
103% Jun
103% Sep
95
Jan
Pfeiffer
13 %
19%
100%
5
1,300
46%
19%
*27
'
30%
46%
18%
27%
,
2,100
30 y8
46
*109%
*31%
141/2
9%
Corp of America
Jan
20 J/4
14'/2
27%
100
62'/2
Dec
100
13%
30%
45%
19%
1%
No par
preferred
Petroleum
98
33 %c
48%
49'/2
Co
13%
30%
19
*40
321/a
iji
,
'
100
13%
110
>107
29
46
19%
105%
*"96'/2
'
*8%
30%
.*13
21
32
*27%
8%
1
500
2,500
7,700
'
8%
13%
18%
*"31
100
common
Apr
2
5
*30
28%
4
f
2%
30
"r"
13%
20%
32
9
"109%
%
41
105%
20%
*30
19
20
*"39%
100
Pepsi-Cola Co
6
18
36J/4
pfd
Peoples Gas Light & Coke
Rights.
May
37
A
Peoples Drug Stores Inc.
Peoria
18%
20
50
series
conv
30% Jan
11
No par
RR
20
*13
*27
43%
26%
26
.
13%
46%
Penn
2%
26%
Sharer
45%
30%
46%
2
43%
/
26
■:
'
30%
13%
30%
15% Jan
43%
2%
2%
the Week
I per thare
20%
14
47
,
29
9
%
30'/2
16
55%
9
14
36
Dec
*9
43%
2%
26%
*27%
47
Sep
21
for
Sale*
Oct. 29
9 per share
45
2%
26
29
301/2
117
45%
*28
No par
Dec
111
28%
9%
9
*43%
2%
261/g
Friday
Oct. 28
/ $ per share
45
2%
25%
No par
29
38
9'A
*43%
2%
26
Penney (J C) Co
xl07
.15%
28%
291/a
-
45
2'A
25%
Penick & Fordl
21
■
2.50
*43%
2%
26
1
11
Jan
Patino
441/4
2%
25%
Co___:._
Proof
44 y
1
Thunday
Oct. 27
I per share
I
7
15 J/4 Feb
22
Rust
No par
Wednesday
Oct. 26
f per share
Jan
Feb
Dec
Parker
Mines
:
Tuesday
Oct. 25
t per share
1
Consolidated
Parke Davis & Crf
37
27
24%
18
Par
..
•
Monday
Oct.
49% Jun
Sep 28
109 J/2 Oct
Park Utah
Parmelee
May
Sep
Jan
■.
Saturday
,
Park & Tllford Inc
10
May 17
16% Jun 18
24
Sep
;»
(1813)
LOW AND HIGH IALK PRICES
8TOCK
EXCHANGE
$ per share
25% Sep 27
24% Feb 11
15% May
38% Nov
NEW YORK
Highest
9 per share
Jan
4J%
i
Dec
33 %
STOCKS
'
Highest
t per share
CHRONICLE
1,400 "
22:
'/V
in
HEW
am
l'1*
Vnteit
-
'
iHi iftr
r
n
CHRONICLE
FINANCIAL
COMMERCIAL -&
THE
(1814)
^
YORK
'
r*
'"C
'obAHum n
n
i
*'•
>*
y aft
STOCK
*i." "
>V ,r.'V V-f'* \ '
.,d JLAa
-iir it
r
.
.
RECORD
-.1
•
Range sincfe JPdh. 1
'Highest
Year 1947
55 %
12%
Jan
May
37%
Dec
Jun
18
Feb
61% JUn ' 9
11
-32% Feb
11
8 %
1
<66
Dec
68%
Dec
67
VJan
2
:
57
Dec
60%
Dec
58
Jan
29
9
Jun
12
Oct
Feb
St
St L-San-F Ry
13
;
80
Dec
98% July
Feb
18
>17% OCt
19
107% Sep
10
Jan
Dec
49%
Jan
92
Dec
103%
Sep
'88 % Oct
90
Dec
102 %
July
-88% Feb
13*4
Nov
18%
Jan
(83%
Dec
24%
,11 *4 Mgy
17%
;
'55
10 Va
5*4 May
30*4 May
■
"
.'44
Feb
11
,35 Vt Feb
5
1
,
Feb
16%
Feb
10 *4 May
167/a
Feb
110
Dec
Apr
•
18
Jan
82
Dec
Feb
•
11
11
Feb-
17% -Feb
•68
10
Aug
22Feb
12
28% Feb
6% May
,'9%
Dec
'4
41
May
65
4
2
13% Oct
-5% Mar 17
Feb
Shattuck
15% Jan
■
20
Shell
(Frank
Sheaffer
15
7 *4 Jan
48 *4
071/0
8*4
40%
41*4
'41*4
•12%
12 Va
7%
7*4
Feb
4% Feb
5
27% Feb
14
(W
A)
Oil
Union
11%
12'4
:•
99
<•97
981/2
46*4
24*4
44
76%
<•75
24*4
<■74
11
lTVa
_;1
te13 *4
._15
41%
.-J.
'■«
:1
18
s
,
-Jan
21
•>25 *4; Oct
Feb 11
24%
24
24 %
24
24'4
14,200
61
61*4
61%
61
61%
*17%
17%
*17%
17%,
46
*45
46%
'47*4
♦7*4
46
4l'74
41%
12%
12%
12%
43*4
24%
>. 24*4
77*4
*75*4
78
*11'4
11%
6%
5
<•38 %"
26%
LNo par
130
15
Sloss-Sheffield Steel '& Iron
V.
5%
^:.No par
> Skelly Oil
24
Va
87%
39%
Oct
30% Mar 17
102*4
Dec
Jun
81
91
,
35%
23% Dec
40
30
^
•:.
-24%
25*4
32%
31%
17 Vi
"5%
Feb
5%
Oct
8%
Jan
Nov
54%
14% Feb
Dec
May
Apr
42
j
40%
6
6
5% Mar
22%
Jan
37 % May
56
Jan
40 %
—
12
JUn
16
104%-JUn
14
11
23
j
"8% Oct
17
Jun
7
5*4
'5*4
5*4
29*4
29%
.
•
*38*4
25%'
Aug 11
36»% Mar 17
132*4
24%
24
24*4
*23*4
32
31%
32%
31*4
32
• •
•
Nov
27
Dec
34%
Jan
25% Mar 16
22
July
28%
Feb
20 % Feb
28
50%
Dec
43% Feb
50 %
Jan
33% Feb '11
50
77
Feb
58 % Feb
•70
68
81
Nov
Oct
69
Aug
11
20
13
Southern Natural Gas Co
Southern
Pacific
Southern
'Railway
July 12
Jan
73
t
5'-'
non-cum
'•
Feb
15
7%- Feb
*4
"20%
May
i
.
73
Sep
rMar 10
Feb
6
5%
2,100
29*4
2,100
Jan
'31% July
22% Sep
23%
23%
1,100
31%
31%
30'4
30 3
5,700
34%
35
20
Jan
2
30% "Jun
18
73
24%
Oct
Feb
7% Mar 16
•14
74
May 14
Dec
90 %
Feb
-18%
Feb
45%
Jan
Nov
15 % Feb
21%
"
112%
Feb
•37%
NOV
99
Jan
16
-
Y
23% May 15
Aug 19
95% Oct
May.
,
14
29 % Jan
2
.
.
>
••'
79% Oct
Jan
86
YORK
$4
23%
94
.
Feb
18
•X
91% Jun
10
>>-. $3.50
Dec
'4
22
July
15
Standard Oil
36% Feb
13
53
Jun
16
Standard
July
69% Feb
11
92;% Jun 45
27
Oct
14
89
Jan
17%
Feb
11 % Feb
41%
49
Feb
38
Feb
Oct
37
Feb
97% Jun
16
—2
'
;
'
10
Standard
11
15% Oct
of
71
HIGH
30
29%
30 "4
29 '4
29%
55
60%
58%
59*4
14.400
;;
48'a
47%
65
*69
17,900
Y
65
2,200
U
G9
69
10
47%
65%
71
48%
7,900 i;
v
*64
48 Va
65
71
SALE FtttCES
70
*26
29%
10
■10%
10
69*4
69
*67
26
68
'
16*4
-•
10%
25
'
10%
V
■r-h
19*4
18*4
18 3 8
17*4
24%
••25%'
25%
96*4
96*4.
96
2 3*4
80%
81*4
80*4
81*4 ;
80*4
81%
25%
70
48
80%
•
81
28
28
g
70*4
47 3 4
.25
common.. _io
*107%
119%
119%
par
No par
*91
118*4
70%
4
69%
46 34
80
273i
14%
;;
41 %
"*41*4
39%
v; *38%
1
14%
14%
*14*4
34% '
34%
91
68 Va
453-.'i
46%
39
46
13.000
79%
79'
79%
27.300
27%
27%
10.500
91
90
14-%
14%
14%
T47«
42.%
*41%
42*4
41%
41 Va
39%
39%
39*4
*39*4
.14%
14%
15
*14%.-
92
14%
14%
*90
15
.*41*4
*4.
9,100
28
28
14%
41%
'
40
200
2.700
69
:/
79
:
79.%
:
*90
41
11,700
115*4
68
1*V
300
27%
47
79
27%
15
■
106%.
115*4
69%
v
180
'4
*104*4
107
2,600
12,000
24%
24*4
25 Va
24%
*106
69%
46%
•
39
41%
f o2
69*4
91
14%
;,T
15*4;%
81 Va
117%
28*4
92
81'4
115%
47%
79% f
28
*91
15%
23
.
117*4
69%
80%
47%'
96%
22*4
3,300 %
17%
23*4
220
v
25%
*95 '4
*80*4
108*4
*107
17%;
25*4
95%
117%
79%
39%
Sterling Drug Inc-common__>___._5
>
118
27%
>
*41*4
7
109
118
119
>•47%:
*>
*4
(Tlie)- L S——No par
8
108'4
'
18
25%
r>
f
7,500
68 Va
23
::
25%
24 Vb
26'4.
25%
108% ' '
69 >4
,
93
15*4
25%
24%
26
109 *4
*109
•
7
95%
8r
*80'4
.7,200
,
10
9%'
68
i.>; 10 I
1.100,)
20 >8
17%
23%
23%
26'4
£9
-
25%
96
'
6,400
29
68%
25 3 a
95%
23%
39% Jun
.
10*4
*68
18
25 34
23%
-
/.■> 10
68.
•1,100
5%
26
29%
10*4
y
•Shares
15%
*G7
26*4
68
23*4
97
68%
26*4
29'4
t
*5%' ,6*4,
6%
29%
■
5%
6*4
"
.
26*4
10%"
23%
Sterchi
'69
68
V
96%
15 % May 21
'6
*5%
*67
the Week
15'a
16
16
:/
26*4
25
18 *4
19
•24%
-68%
■23%
Starrett Co
6%
29%
*95*4
.—No
'6*4
"'>' 69
26 *4
29%
29%
—No par
Ohio
•.••'
16*4
5%
*5%
"6%
Sales
S per share
$ per shaft
1 per shift
6
5%
"6
Oct. 28
>
for
'FrWay , V
Oct. 21)
Thursday
WedlfesUay
16%
-16%
6%
29^8
V,
69%
*18*4
preferred series A___ 100
Steel Spring common. —i
-50
convertible .preferred
4%
,;
29%
30
Oct. 27
par
41% May 26
>
■
jf
•
5,000
30
29%
23 7'a
'
3%%
43% May 11
.
100
*36'/a*' 38
j
65
per shaft
'■
25%
*65
••
70
26*4
10%
-Standard
23
37 3
*69
Oct. 26
;
5%
*6
29 %
*68*4'
of Ne,W; Jerspyi— _25
Oil
41-4
37%
'j?
60
: V48;'!<.
;
coln-^._No par
Inc
Indiana
of
41
38
300
59%
;
•: --95%
of California
Oil
40*4
'
'
May
>•
B
Tuesday
>
:17'4
16%
'>
,
•26 *41
.No par
preferred
prior
Standard; Oil
14
35
11
47
Jun v
Jun
$7
-
6%
'29%
par
Oct
>
6
*67%
par
Jun
17
5%
*6 *4
—1
pref.iNo
73
24% Feb
=
E Co $4
121
10% May
37
W
3,500
'65%
.
*69
71
I per share
per shaft
16%
—'1
;Inc
preferred-
Standard G
27
105
65 '-'•
LOW AND
>>, $6 prior prefeEred^-^—^-iNo
27% May 15
.109%.Oct 22
11
27
>31% Aug
Jan
1.300
40%
29 7 «
60%
•'4634 '48%
•'■
Oct. 25
Oct. 23
preferred—No
97 Va Feb
80
13%
40% »'
"
29%
30;
£974
Monday
Saturday ■-
—5
Standard -Brands
3
44% July
Mar
59
13%
-
**
STOCK
& Sons common.. —•iv<
Squibb (E R)
;■
54'/a Jan
50% Mar
37 *4 May
46
*58%
13%;
29%
29 74
65 Va
*69
71
<•70
>
'47Va
65 *•-'
65*4
*43
59%
*12%
40'/a
'
^Square D Co
Feb
63
63
29 % Jun
19% Feb: 27
Feb
125
46 %
'47*4
t
-
46
*57
*37*4
60%
65
*43
13%
33
30
;•'
59%
42
60%'
8'4
46
'
'41
29 !4
28%
800
2,100
7,700
13%
;
.5
*37*4
29
2!)%-
-
4
8%
•
3%
83k
8*4
■-•
99%
99*4
■'
4
■; :
67,700
*43 "
14
38*4
50*4'
99
v: *3%
-
800
19%
'
*57%
46
•53%
1374
19*4
8%
8 V'4
43
42
29%
60%
100
I
-
SperryiCorp (The)
Spiegel In'o common-...
Conv $4.50 preferred.
-Jan 29
>104
27
Aug
May
89
;-Sep
36%
102
17% May
81
"22
114%
Dec
83
•
30 '
47 ;
•
23% Dec
<59%
,
Y
20%
*19%
19%
99
99*4
'4
*3%
>;
8%
*43
60*4
29%
..
May 15
•61% Mar 17
13% May
46
14*4
30
Sparks Wlthington_-__
—No par
—1
Spear &'Co common___2l__.
; . $5.5o preferred^
No par
—1
Spencer Kellogg <fe "Sons
4-L.
5
29% Jan
.
17%
68%
<-•
20'i.
>
200
91
91
92*2
2,100
83*4
*81%'
83%
%>: '>;
v
(A G) & Bros
Spalding
•
Jun 25
May
27
"43
*13%
*37*4
35
19'/2
19%
4
■
20%
20*4
99
-.
-
37a
8%
*59*4
38 '4
94 -
'
.
'
'
.3%
-•
8 % :> 8%
42
100
:
•
42
34*4*
*81%
*91
19%
20
'100
100
■'4 *)>■
14*4
°37*4
Par
8% May 27
27
20% Feb
7%
:.-V
16% May
.8
20
20 3 a
4.000
132
130
24
*23'4
83%
31,600
25 '4
24%
26
132
'
*)
100 '••
39
*38
39*4
132
35%.
*92%
92%
19%
'
100 •'
4
60
•
5%
"
35 ;
*82%
:>
83*4
;'-
3,700
5*4
'
46
60
EXCHANGE
20% May 20
,
26
5% Sep 27
63
Aug 25
Jan
93%
Dec
23%
14%
20
■19%
<•99
' '
8%
T'4'/8
par
■~S per share
$ per share
$p£rshare
May
*20%
35%
'
'
-
8
4
<•43
i—.No par
cohimon.JNo
STOCKS
NEW
Range since Jan. 1
Lowest
Highest
Highest
4 % May
Co
•*
\
(
Year 1917
15
9234
20%
20
8%
7.50
preferred..-
i
%
yt per shaft
92 3 i
<•20
100
4
__.25
-
Ohio stock tr ctfs
Mobile &
6
Range for Previous
Lowest
*82%
*92 %
'
20%
19%
conv
9
*4 Jun
93
*
*99 '4
preferred
5Va'/c
23
62 3 a July
i
Apr
57% May
•35%
83%,
'•
il
Southern 'California -'Edison
9
30%: July 12
•
May
34 %
:
15
30% July
27
35%
>
12,700
40%
29*4
1
•
300
14
5*4
25*4
24
!
40*4
;
;
1,100
11 '4
*13*4
6
*38
133
<■82%
83%
°20
Southeastern
8
42% Jan
<92
:
_50
preferred^.
,
150
Gretj'libund Lines
.-5
South Porto Rico- Sugar cbnuNo par
8% preferred
,'l_--_25
>
•
43 % May 24
,
Mar 17
(37
42% ■Dec
5%
22
>16% Jan
78
H"4
,29%
5
26*4
263k
13354
s
-35*4
36
*82%
Carolina E & G Co com_4.50
South
'6
'Got
2,400
40%
29%
39*4
*38%
39%
26 VH
'
22
"45% Aug
iCO
<fe PlatinUm
South Amer Gold
May 17
5
4
Feb
39
26
5,600 ;;
24'4
V
14
*5%
6
5%
••
preferred
100
4.20% 'preferred
100
Smith & Corona Typewriters-No par
Socony Vacuum Oil Co Inc_
_15
Solvay American -.Corp 4% .pfd__10o
July ' 9
Jun
9
(98
>
98% Sep 30
3% Aug 23
*52
14% May
5
35%'
•3 V2 %
19
Apr
90
44%
11*4
*13%
'132%
-132 %-
24*4
31%
14
40%
'■!'
'
*75%
V!
78
11 *4
41
>*13*4'
14 ':•/
41*4
6
■
26%
26*4
130
•
39%
39%
-
26%
" 130
10
Siriith (A") As Sons-'Carpet'Co''com—20
,39%-JUii 18
9
Sep -29
19% Feb
Jan
3 %
13% Mar
Sep
43
4,100
30*4
*23%
243a
*75%
29% >30*4
5%
5*4
29%
30%
20
> Smith (A '.O) Corp__
3
5%
-
11%
14
40%
6 *4
5%
6*4
•:-"n%
1
•
99
,
30
44 »4
-1
29 Va May
*97.%
44%
;24'4
42
i :
600
10.500
30%
*75%
-14
4,400
7*4
12%
30 "2
24
11%
-
40%
12%
6%
12*4
99
*97
77%
*13'/2
Y
7*4
12%
31%
>
44
45
:>
500
'
>31
>
900
53,400
12%
*7
99
*97
31%
12 Va
12%
12%
V
7*4
42
Y
(.00
Vi
41%
42
7*4
20
7%.
7%
8*4
7%
8
.
12%.
-
'
4,300
18
24 V<
v
--■?
-.11%
14
42 *4
29%'
-Sinclair Oil Corp.i_—
23
35% Jun-
.
13 %
82
41
99
"44%
45%
24
11%
.'.No par
Co
Simonds Saw & Steel__j
21
JUn
160
26 % Sep- 28
Simmons
8
32 % Jun
\
Mines—
j Silver King Coalition
May 15
44
.
■
92% Feb 10
Dec
Oct
23
May
Feb
•15
< •'
••31Jt-
31% -31%
:-
13
*97
32%
No par
G)___
Pen'Co___^
a
Corp of America
Sheraton
5
7%. May 18
36
35% Mar 13
Feb
117%
v.
•
13 3 8
82
7*4
12*4
'
3,200
13%
81*4
47*4
12%
'7*4
12
89%
*89
.
13*4
rl8-'
41*4
12%
"
:
'
46% Jun
9
>47%
8*4
45%
No par
Corp__.
48
31%
Sharp & Dohme common
-No par
$3.50 conv pref series A..__No par
10
21
11
Jan
,18% Dec
Mar
15
1
51
Apr
14
-
Steel
Sharon
17%
7 %
<•97
Shamrock
•;
61
17%
12*4
preferred*—————No par
Oil &.'Gas—;
.4
$4.50
61
18
8'/a
10
81%
"
1
.
61
12%
41
common
60 %
48
170
89
24*4
25 Va
7%
^10%:
•12%'
__
24%
8*4
800
89
89
60%
24%
47%
'
50*4
*88
'
13 74
*80 V»
*17%
18
50%
50*4
83
13%
83
-
21,700
89
1
8,500
29%
14
29
'
-
*88
89:,4
14
*80
*23%
110
14%
29%
51'
*89
89%
14
83
-
•6%
Apr
27% May
39
Feb
Dec
•17%
*89
109 *4
>'i
13,500
109*4
14%
14 Vb
29 Va
88 >4
88*4
270
>:
19 >/b
Va
*49%
14%
*50*4
50 *4
86
>18%
109*4
29%
■
■>
86
22,700
10 Vs
10 Va
>.
:
•../
''• "98
10%
18%
'''
50
122
*94
86
103
109 •
14 *4
89
14
8,200 %
3,900
122
125
98
18%
>
'•19
29
.14
13%
*80
60 %
<•60
a
,
14 :>■
44%
10%
>
>86%
,
*108*4
'<
14%
30
50*4
-
89%
*89
-
-
25
,__5
1
Refrigerator Co_
Servel Ihc
2
Apr
24%
Co.—-___'__No par
Roebuck &
Seeger
%
89%
<•8
Sears
46% Oct' 22
78
51
88%
<"47
31
.27% (Jun
50*4
88%
*89
1
Seiberling Rubber Co_—,—,'_I
.
4.100 :
o.
13%
44>a
86
i074
10%
86
*121
■
100
.—
>;
54%
14*4
98
>>. 18*4
los-vy
>14%
.
29*4
50%
88
5
Seagrave Corp
1
36%; Jun
25
; Mar
35%
21%
Dec
24
>'•
11
Feb
% May
14%
■11%
14% Jun
"104
Jan
30%
50%"
88*4
Seaboard'Oil Co of Del_—No par
6
25
14%
30
>
*94
,>
18%
108*4
14%
14
A—
-87
18%
110
109*2
83
series
il •:>
86%
29%
-14
Finance CoJ
10%
•'-V
14%
30*4
"
Shares if
44%
,
44*4
128
the Week
"
-:>;>• 54
i!
Sales for
.
Oct. 29 '
•
-,V .;
>e
*'■:
V
53
54%
"14
t
>
45
;*123
19
11
18%
•54%
14*4 ,,14%
45
98 f <
*94
f-
*94
...
-.
87%
10%
110
14%
*80
:
<•-98
m
't p'er share
•14%
'46
'45*4
125 >
■12o
"
*87
18%
100
preferred
preferred
5%
•,
*94
11*4
<109*4
54%, ;
*54*4
>
127% •127
87*4
.j
•
18 Va
Seaboard Air Line com v t c—No par
'
,
ii
87
46
"45%
98 ■''<•■''-Y
*94
i.
.
129
Co VThe) ebhtmon—5
Elec
3.35%
Seaboard
8*4 May 15
•
26
30
Oct
33%
May
Feb
26% Feb
94
Jan
:"40%
24% May
70
;
30% Dec
i
42% May 18
12% JUly 12
,"
9% Mar 16
20%
Va Oct
non-cunt
Scranton
6
59% May
8
10% "Apr 29
5% Mar 17
101
26%.July
.
5
16 %
7
24
,Apr 12
20V8iJun'14
11
-31% Feb
,•40% July
Apr
5%
—
J62 Va Jun "• 7
Mar 25
Oct
(5%
9
15% Jun
87
>15 % Feb 10
Feb
Jan
93 %
1
19
Feb
May 27
95
7
Dec
11
-<
51
13
Oct
16
35%iMay 21
:
16
-13% Feb
Feb
,19% Nov
-43% Dec
Dec
Mar
23
79
2
15% Aug 24
1.3 % Oct* 28
,"98% Mar
-JUn
113:
■&5% Mar 5
>39% Mar 10
55%
40 *4
23 */a May
39% May
13% May 27
21
8% Feb
preferred
129
V
14% -'14% V-- >'•.14%
46*4
.
91Va.May20
.
21% Jan
Feb
11 %
7 '4 May
r
.
>'
15 •'
45%
Thursday
•'•;', Oct. 28
v:
(*,l$'pbt»ihur9'jf"
t"
per share
53 Va ,55%
55%
'14%
100
St Regis Paper Co bommon—
5
1st pfd "'4.40% sbrics A—.——100
Safeway Stores common
5
5%; preferred
i——>
_i._!l0o
Savage Arms Corp_
—'—5
Schenley Distillers Corp.
__1.75
Scott Paper Co common
-No par
$3:'40 preferred
No par
gcovill Mfg Co 3.65% pfd__:
100
JUn- 16
101
54%'
Coicom v t'C-No par
Preferred series A 5% <v t c
100
St Louis'Southwestern Ry Co_—100
-
Oct. 26
I per share
Friday,
We'dhesday
Oct, 27
"Tuesday
Oct. 25
Oct. 28 '
-
$ per share
10
Lead—/
Joseph
i
1
>139'% May 28
1T4 % Mar
Dec
108
■79
26%' July
Dec
X20
8
.
Par
16 Va July
6
'48 % May 15
39% Feb -24
Jan
5*4 May
40
>*■> :* <;
-$ per share
$ per share
t per share
t per tliare
LOW AND HIGH SALE PRICES
Monday
Saturday
EXCHANGE
Lowest
Highest
>
sxocRs
•"NEW YORK STOCK
■Range fttr'PfbVlous
Lowest
*39*4
45*/2.
.
-
'
' V90
40
200
8,500
>
200
300
•
,,
12
34
Dec
11% Mar 6
32 Va Mar 12
Jan
49
Dec
88
18
May
Jan
88
104% Mar
'30% Nov
27
Oct
Feb
36%
Feb
Mar
9
12% Feb
Oct
10% Sep
20
Jan
17
Feb
15% Sep 24
11% Jan' 6
19%
14% May
Jun
3*4'Jo
Jun
10 % May
May
25%
Feb
10% May
15%
Feb
16
-•
105
July
51
May
114
Dec
7%
75% Mar
--
-32% May
36
12%
Sep
Jan
45%
Jan
Jan
8
Oct
24%
May
May
47
20
31
18
Sep
9
19% Sep 27
34% Mar 2
9% Mar
18% Feb
38
Oct
Studebaker Corp
15
7
98
Mar
Feb
1
Sun
.,-/>*
9
1
*21% Jun
26% Jun
••
9
21
July 13
11%; Mar 31
par
17%'
25%
•235
:
Jun
37%
Jan
27
27%
Jan
12% Oct
18
22
Jan
8
28% Feb
17% Feb
27
26
Jun
3
104% Mar
5% May
10
Feb
10%
Feb
14
May
7%
:3% May
Jan
20 %' Aug
13% May
29 % Sep
80% Apr 21
4% Mar 12
9% Mar 16
(
£■
par
$4
Aug 13
91
preferred
7% May 18
11% May 21
Symington
Talcott
52% Feb
14
Dec
17%. Feb
27
Feb
13
19%'Sep 20
5 % Jun
,Jltn 15
25% May 8
71*4 July 12
Oct
25
26
Gulf
Pacific
3434
Dec
-29
Feb
10
48 % May 13
Jan
58%
Feb
"45% Feb
5
65% May 24
Texas
-15 %
Dec
Mar 11
20% May 24
Textron
18%
For
Dec
-
19%
footnotes
see
Dec
page
11
16
24.
17'4
-16%
16%
26%
26%
1J%
12%
13%
12'4
12%
v> 12%
16%
*16'4
16%
16 34
26%
27%.
,,
tv:
27*4
4,000
91
100
27'%';.;
> 13%'
28'4
16*4
13%
16 Va-
34%
r
*88
91
28%
27%
5,900
13%
2,600
•4,600
!
i2y8
12%
16%:
16*4
16%
16%
17
16%
17%
7,300
26%
27*4
26% >.. 27*4
60,400
-
f
•
.
•
800
.
'
..Oct;.
6
*91
9 Va
24
.
May 22
9
> 9
-
69%
116
<•-
13%
13%-"
20
19*/a
f.
41%
10 V»'
70
*167 '
192
18%
'<
12%
'23%
85
*83
'■•
*5%
10%
10%
22%
41%
-
10'4
25*4
168 Va
18
42'/a
*42
"43
,,
31*4,
12%
42*4
•12%'
23*4
23%
23*4
23%
5
10%
5
Coal & Oil
new.
10
12%
41*4
40%'
40%
<1,100
10*4
'■'10%.
9,100
26 *4
3,300
10*4
10*4
:
26%
.>-• 25%
,
-Sub share ctfs..;
& Pacific Ry^Co—
83
"
,
5%
5%
10%-
*10*4
*4%
5
-
5%
10%
42%;
10
10
2,500
31%
31%
5.000
12%
12*4 "12%
8,600
23%
23f34
23*4.
23%
85
82%
83
*83
*10%
4%
*4%
•18 *4
59%
60*4
60
60%
60
60%
1
19*4
19%
19
19'4
18%
18%
67%
67
25
23%
42%
42*4
56
55 *4
13%
13*4
par
67%
68
67*4
68*4
67
10
23%
24
'23%
24*4
24%
44*4'
43
43%
55-
55
55%
59 %
5%
5%
17%
18
$1.25
Inc
conv
conunon.-——__^- -50c
preferred..—..No par
.
13%
13%
13%
17
17
16%
13%
16%
400
10*4
10%
18%
-.
1,700
42%
31%
17%
18*4
.;
600
17%
'9%
*4%
4%
55
i
'4,200
•
189
*16%
I7V«
5%
18 *4
44
.
1.800
31
12*4
-
23%
83
4%
i
16,200
<•■
8,600
60
,
'
18%
100
26%'
*179
190
43*4
12%
23%
85
*83
5
■;
22*4
.13
•
12*4
10*4
21% '
43*4
*42
10*4
5%"' '
22%
*17
31 -
»"
f 22%
*40*4
i
18
*9%
85
19%
•'*17*4
30%
*83
19%.
'
'*180
10'4:
>>'
'
50
117 •
12 %
19%
*19
190
30%
11
<T15*4r
•1,100
13*4
13
%
-
_5
;
i_„
25%
25%
*184
18*4
10*4
10*4
-
25%
190
18%
•10%,
190
69%
'
30%
30 >B
-,f
10*4
•25%
•
5,600
>94
*91
*69%
117
: *116
41%
41*4'
5%
6
22%
>
> 8*4 It 8%
8%
94
69 7'8
;
69%
19%
40%
42*4
'30%
12%
23%
13*4
i9*4
41*4
*10'/b
11
30 Va
•19*4
13 Va
19*4
22%
18%
117
;■
13%
19*4
22%
184
42%
*10 Va
.
.
;
*1^6
*91
69%
13'4
13*4
•
94
-
69%
„
117*4
*116
116
23
*25%
.
~
18%
42%
i*
l-~
'•
'70 VB'
70
-22 34
10*4,
10'4
26
94
*91
94
*91
838 >
9 "
8%
•
-
41
Y>
23*4
23 Vb
9*4
42%
*55
13%
*16%
„
17*4
10%
500
5
'4%
4%
500
17 3 V
18*4
2,000
59%
59%
17,700
60
,-
18%
18*4
16 %
2,300
18-
59 Va
60
5%
10 Va'
10%
•
18
.
18
18*4"
18*4
67*4
67 Vt
67%
67%:
67%
5,700
25
23%
24
23%
23%
23,700
43
41%
'*54
42*4
41%"
42
.'55*4
53 %'
54%
13*4
13 %
13 *4
13
13%
(■
18%
-
Pacific Land Trust—
Jan
■
12%.
>:
34% '
34%
34%
*88
89
28*4
13%
_25
Corp
Producing.—-j._
Sulphur—No
Texas
„■
4_i
Co„
Texas
Texas
>
Corp_;
Corp
•^exas Gulf
41
Dec
14
12%
8% >
":'■>>
25%
—.No par
(James
Inc
Tennessee
15%
-13%
Gould
Texas
68% July
24 1
"47
i3%-
: *16*4
"
:
67
Sep
t—
117
*41*4
;
25
Sylvania Elbe Prod Iilc com__No
9
"
*19
:
__10c
Swift International ;Ltd_
Telautograph
11
Jan
Nov
13
'
16 VB •16%
■
Corp^——__50
Paper Co
10
28
19% May-27
3% Feb
10%
58%
-
70
13%'
(The)__L„—No par
of California—
14% Mar 16
53%
46% May
•
-
28 *4
1,700
14%
'
34%
-
89
r
28*4
25*4
-
94
,
*116
100
"
Dec
1"
•
Sweets Co of America (The)1_4.1624
Swift-& Co/——
/
25
36% Jan 27
Dec
pfd—__L—>
v
*69%
Steel
Sutherland
19
Dec
*91
—No par
common.—____.No par
Class A '4% %
Superior
"44% Jun 14
Jun
Co
Superior Oil
9
16s/8 Jah
13
$4.50-series A preferred
Superheater Co
17
19% Jun
18%
79%
>
14 *4
34%
90'4
.
17
25%
>8%
>
•*1
H*4-
13
17%
1
:
Corp -common^
Sunshine Mining Co_>
9
20%
30%
(The).:
13%
13%
16%
>
'
28*4
28*4
*
35
3^/4
*89
91
28*4
- -
14 Va
13*4
16%
__1
i_>No
•>:
34%
"«89-»-
'.'5>
28 *4
14 Vs'
5
__
91
•
28 V4
Sunray lOil Corp common
J
-1
4*4% preferred series A—
~25
4*4% pferfcrred series B——25
Sunshine Biscuits Inc_J_—"—12.50
43
'28*4 Jun
Chemical
Sun Oil
15% May 24
11
Mar 12
9% Oct
Jun
July
'120
1
11
% May 25
70%
11
14
Mar
21%
Jan
Oct
Va Feb
140
Corp
Webster--—4
Stone &
1
11% Jan
50% Mar 19
9
July
291/4 Jun
6
113% Jan
Feb
24%
14%
92
Dec
160
Jan
18 Va
,
*$9
15
Stokley-Van Camp Inc common—1
; 5% jirior preferred-—
I20
2
20
>, -34%
;
:
.
7% Oct
13% Mar
8% May
17% May
13
Oct
125
Jan
101%
Apr
109 %
•
& Go Incl
14%
'
100
1
'
18
16 Va Mar 16
'* *
'£*■•
IncL_
preferred-—-
Stewart-Warner
16% May 26
•
'
19%
Stores
Stevens (J P)
r* 361,4 May 21
11
24%
21%
13% May
;
10
Bros
16%
*
541/2
.
-
'-:'
VIV2., 16%.-;. TV
16 *4
6,700
3,800
1,000
4,500
"
•i6*/r
700
Volume
168
Number 4747
THE
COMMERCIAL
NEW
Range lor Previous
Lowest
Highest
$ per share
;"S per share
I
12%
Dec
41
59%
Feb
May
-
.
'
45
i.
18
Feb
Feb
7
'"Soya Jan
106;
i
Feb
Oct
19% Feb
108% Feb
95% Jan
Mar 17
53%
Oct
44
Jan
10% Feb
„
27
12
Jun
21
22
5% Feb
11
Dec
2
12% Mar 16
17% July 30
48
;,Jan
32% Oct
104
/Jun
92
Dec
16,-
Feb
Nov
51%
Feb
17%
12
i
43 % May
9% May
15%
"5%-Mar
37%
8% May 27'
Oct
21
57c
14% Jan
5
Twin
9% Apr
Feb
45
30
12
Jan
102
21%
6,000
4,500
prior
21%
21%
48%
48%
48%
—__2
11%
11%
11%
11%
12
12'4
11%
12
11%
15%
11%
15%
11%
14%
15%
14%
11%
6,900
lo%
*14%
14%
14%
14%
18%
18%
*14%
18
18
14%
18%
2,400
18%
27%
17%
17
17
*16%
18
600
3%
9
22,900
99%
100
1,390
preferred
Co
50
;
75
i
22% Feb
Sep
105 % Jan
.
Apr
30% May 19
6'
10% Oct
63
Sep
21
Nov
19
Jan
110% Jun
18
Apr
2.4 y»
Oil
22
$3.50
of
Pacific
RR
Tank
9% Oct
16
15% Jan
2
United
Board
27% Feb
20
35% July 12
United
Carbon
29
36
United-Garr
Dec
8 %
Feb
50
Dec
83
-2%
Dec
'4%
Jan
41
Dec
53% Mar
Mar
3
•
Jan
8
44% Oct
5% July 15
28'
;2% Feb
40
55
11
Feb
7
Unite
5'
Jan
Co
Carton
&
Fastener
Cig-Whelan
61% Mar 17
Oct
May 27
82% Apr 22
16% Feb
13
28% Jun
United
Jan
37% Jan 21
46% Jun
Jan
Jan
59% July
24% Jan
Dec
12% May
% Feb 26
48
Feb
9
10
23
May 24
21% May 26
15% May
86
p^rshare
23%
Oct
89
Oct
15% Feb 11
107%
May
Dec
Feb
Feb
196% Mar
Jun
$4.50
113% Jun
33%
33%
32%
33%
33%
Jan
9
Oct
29
94
Feb
68
Oct
26
76
Dec
53%
Feb
31
Oct
29
42% Jan
U
9 3a
Oct
5
Sep
27
8% Jan
U
Oct
29
Jan
Jan
24%
Oct
9%
Dec
10
Apr
35
39%
Dec
Dec
165
Feb
11
125% Mar 19
67
(?
81
65% Oct
'7
Dec
61% May
•Feb
80
Dec
Nov
Dec
Dec
1
140% Jun
24
17% Feb :10
•197a Jan
8
V
:
37%
42% May 20
:
f
Oct
i
8
4% Mar,16
8% Feb 11
87% Oct
23 "
Jan /
Dec
52
Feb
23
Sep 22
34
22
Feb
Jan
21
16
Feb
20
Jun
17
Feb
4
10%
4% May
20
11%
Dec
Dec
23%
Dec
13%
56%
Dec
1012
*10'A
10%
30%
30'A
30%
*30 Va
'
46
12%
3%
7
23%
Co
*105
*23
*43
54
54 Va
21%
14'%
*30%
32
32
<
3%
44%
44%
27%
94
19
169
169
A_.
*68
'—10
67 Va
66%
100
23
23'%
22 %
22%
6,000
43 Va
44'A
44
44
*43 "2
44%
54'A
1,000
54%
53%
53%
53%
54
21%
54%
%
54%
21 Va
21
21%
21%
21%
3,800
14%
14'%
14%
14%
14
14%
12,800
AND
HIGH
SALE
'..20
\
,
$ per share
28%
S per
28%
"931
19%
*18%
106 %
105%
106%
*169
'
11
•
171
;
10%
68
32
32 "a
32%
5%
5%
32
22 Va
22
22
21 Va
13%
13%
1-3%
13%
14
f
30 %
*89%
9
50%
.50
50%
*53
55
91
:
10
47%
47%
1st preferred
100
134%
134%
400
lOGVa
3,400
106'%
31%
5'A
5'A
21%
21
13%
14
8'A
*7%
*7%
48%
49%
-*51%
54 Va
29 %
30'/8
91
89'.
47
46 7
135'%
^"89%
47%
a
13
Mar 16
Dec
19
Feb
17
Maf
192
150
Feb
6
-
'
29%
Feb
91%
Feb
7% Sep
49% Oct
28
21
6% Jun
15
10% Jun
11
23% Jun
8
,170
Mkv 22
15% May 21
,70
May 20
Smelting Ref & Min
preferred.
com.
U
S
5o
45%
*66%
Steel
Corp common.^.No par
preferred.—
,.100
U S Tobacco Oo com—No par
7to' non-cum preferred-.-.--.'—25
United Stockyards Corp.,.,——,1
United Stores $4.20
$6
'l
68-
*66%
86%
87%
45%
44:
18%
18%
*37%
38%
*37%
5%
'5%
'
136'%
'
87
18%
18%
"3734
1
f
89 %
;
*87'A
*10
...No par
*38%
"8 to preferred
Universal Pictures Co
*88 y4
90
47-%
46'A
47'A
45 'A
135 Va
136'%
134%
135'A
43%
43'A
43 Va
43
12,600
600
44
3,900
*67
83%
67'%
84%
66%
600
82Va
84%
82%
83%
71,200
138'A
18%
3 8'A
xl36'%
136 Va
136%
137'A
2,500
18%
18%
18%
18%
5,200.
*37%
38'A
37'%
37%
80
5 Va
,
5%
5%
5'%
5%
5 Va
1,100
,
•
18%
18%
'
.38%
67
67'A
66%
•
5%
"5
5'A
10%
*10
10 'A
*88'A
90
10 v
10
*88%
90
j,
10
9%
•C-
90
CO O
10
90
*86%
10
1,100
90
4%
4%
4%
28%
*26%
28'%
"26%
28
*26%
28
*26%
28'%
*26%
28%
*18 >4
18%
*18'%
18'%
*13
18%
*18
19
*17%
18'%
*13
18 %
1
5%
*
20 %
*156
j
5%
21%
161;
5%
21
*155:%
1
9%
10
9%
——100
preferred
70
46%
135%
4%
100
50%
52
51%
com
u
'
*26%
com.No par
———
Inc
10%
89
__1
Inc.
Universal, Leaf Tobacco
10%
■'
49'A
50
preferred
Universal-Cyclops Steel Corp
Universal Laboratories
l
,
38 "4
>
86 Va
138%
38'%
,
1,000
3,200
:
137V»
67
66
138
137%'
54
30'A
49
43%
45%
67
67'%
.
86%
137%
5%
'
2d pfd__5
non-c
conv
4%%
d
137'A
18%
United Wall Paper Inc common.—2
4to
:
2,700
53 Va
a
47',
r
f
/ 8,000
30
'
48%
-
*"
preferred—
conv
46
900
3,100
..
1
j
8%
135%
136
'
1—50
5 'A
30'A
46»%
*54
5'A
541/a
29'A
*80%
2,700
21%
14 Va
9
'
2.300
31'%
14
'
;
30
9%
21'A
54%
•
70
70
14%
30 %
91
31
7,000
172
9
V: *88
22
•
*7%
50
*169
9-
79
31'%
5%
106,
172
9%
*68
30
135'
46 Va
135
5%
9
49-%
91
*89%
19'%
*53-
30%
30%
*18%
r
'*7%
54
30%
19'%
*169
32
22 Va
28 Va
94i%
106
70
13%
2 7'A
*93'A
10'/a
*68
23
27%
94 V2
*18'A
19%
1061%
171
Shares
27'A
*18%
68
for-
the Week
$ per share
*93 'A
94 Va
*10'%
Sales
Oct. 29
S per share
28
27%
*93 %
*169
13,100
Friday
Oct. 28
share
94%
5%
50%
3
Thursday
Oct. 27
5%
54
3%
PRICES
Wednesday
70
*8
1,300
*66%
31%
9
7
7'/a
23%
5%
%
7,800
7.400
67'%
7
32%
13%
*8 v
33,600
44%
•
230
3%
*23 Va
*5%
*22
3%
44%
*66%
7%
32%
No par
common
•
3%
•21% 7 ' 21'%
14%
14%
10%
10%
11
100
500
44%
45
~
19%
69%
32
1,000
44
106'%
11
44%
7%
7.000
9%
23 Va
44 Va
>:
23 Va
94%
106
3%
44%
33
*30%
31%
3%
22%
67'/a
7%
*67
28%
94 %
22%
9%
44%
*6%
66%
Tuesday
28%
300
44%
44
Oct. 26
28%
*94
12,100
'A
*
Oct. 25
t per share
300
13
72
31%
9%
3'A
3 Va
106
12%
*69
46 %
*45
1,800
10,700 '
3%
44%
*6%
Monday
t per share
12%
3%
3'%
39
106
32
45%
14%
Saturday
27%
23
3 Va
21%
15 >/4
27
30%
31%
>■
54%
21%
14%
27%
*22%
9%
3%
44'A
21'%
.
6,100
3,300
107
12
10
45%
54'A
*105%
30
8,500
38%
22%
*9%
32%
91%
22%
23%
44'A
44
32%
380
~50
46%
23
29%
82
89%
22%
30
95
*85%
,
71
10'A
28,300
46%
;. 39
*68%
67 %
67 %
27%-
107'%
4,300
42 %
93 Va
12%
7'A
*7
67 Va
24
27%
27'%
•
38%
32%
47%
.;
69'%
*30%
45%
38%
38 'a
91
47
1,600
103
*90
32%
32%
93
46%
12'A
3%
-
32%
1,200
103
'
69
>3%
*
common
non-cum
95
;
1,000
13%
42%
82
46%
10%
51
32%
42%;
13
9%
10
50%
13%
103
69
46
3 Va
"
33%
42%
*30%
%
46%
38%
30
3%
44%
7%
67 Va
>
33%
42%
12%
»
32
45%
3%
45
13%
*67%
•
23'A
3%
46
3'A
45
*
13 Va
69
*30'%
32
3%
'
7to
6% May 217
12% May 26
98% Jun
9
May
163%
10'%
30%
!
Por
7%
■
67% Mar 17
129% Mar 16
Feb (
Jun
109%
Dec
US
21
89% Sep
8
3% Sep 23
5%
16
Apt
Oct
8%
12%
Dec
72-
Feb
48%
Jan
Jan
58% Jun
{
Mar
'
23
5
x33%
class
conv
Rubber
S
8to
Feb"
150
8
96%
22%
*67Ve
13%
32%
*90
27%
13%
10%
51%
82%
107%
22%
10%
95
27 Va
68
Playing Card Co-—
10
Plywood Corp common
1
3%% pfd series A_——100
U
2,400
51%
.i
41% Jan
38
49% May 15
137% Jan 13
8 Va
*82
*105%
13 Va
common.—No par
94
38% Feb
8
*90
28%
22%
S
7
60
8%
8'/8
103
107'%
27%
68
S
•
600
28%
104
93
*
38%
-
•
4% 'to
U
5 %
*27
83
46.%
38
107
169
87
May
28
169
U
6
37%
107%
*68
53%' July 13
Feb
27%
38%
105
No par
58 ,
July 9
37% May 21
13
Jan
47
•'
..No par
25% Feb 14
16
92 v
46%
1—100
Co
Va
92
33%
91%
LOW
preferred—„•
Lines
5%
28%
10%
32
33%-
46%
*38%
Hoffman
S
*27
13%
42%
92%
33%
19%
106%
Partic &
U
300
*97
6
96
*91
91%
Oct. 33
49
39% Feb
51% July
133
% Jan
9% May 20
1,700
98 Va
15%
98 Va
X104
32 % >33
96
33%
19%
Co
32
•
82%
1
1
STOCK
preferred
Leather
43
103%
82 %
*91
91%
5
Inc
Feb
•
38% May
X17%
YORK
32%
42%
103%
82 %
106%
S
Jan
21
43%
104i%
83
20
S
32%
a
*46%
4%7«
-
14,800
33%
52
51%
96
1
100
..,
Cos.,..
Jan !
Oct
103 % July
60 % Feb
Dec
127%
36
'
U
Jun
2,100
19%
33%
8%
*10%
"82%
par
common
Coal
73
Dec
40%
17% May 14
35%
19%
*5%
28%
*13%
'•91
'■
10o
preferred...—
U S Pipe & Foundry..
46%
23% May
92
21
>11 Ms Sep 27
7% Mar 30
105
10%
"
39
May
46%
Nov
42 7
103%
j43 Va
•
No par
7'to
Dec
16%
43
*104%
Machinery com
5
preferred—
100
S Industrial Ohemicals—No
par
2
Jun
Dec
25%
10%
13%
1
US Freight Co.—
US Gypsum Co oommon..
9
179
1st
15%
19%
33%
Va
*97
6
8%
52
5
U S & Foreign Securities
9
24% May 15
13%
5% May
10%
13%
com—30c
-
.71%
37
NEW
r:
97%
*27
8%
51%
EXCHANGE
32% May 15
101
20
92% Feb 11
166% Oct 18
,
>.
15%
19%
34
97%
*5'%
28
8%
*10%
.:
$ per share
16% Feb 27
Jan
106
'
28
8%
51%
10
Corp_.No
United Merch & Mfrs
Highest
$ per share
29%
.
STOCKS
Range since Jan. 1
Lowest
20%
Dec
12% May
171
/ >>-
Highest
I
Electric
>
Year 1947
8%
13%
United Engineering & Foundry
5
United Fruit Co
..No par
United Gas Improvement Co.—13%
58% May 17
Range for Previous
tper share
11
20% Sep 14
13% Mar 16
19'A Feb
Lowest
3
*28 %
8%
10%
;
19%
95
4
Corp
Stores
43 %
Dec
May
Feb
5%
51%
No par
11% May
10%
55«
13%
50
Co__t
33
Dec
97%
7
6 V
100
33
20
*33%
9 Va
09%
16%
19%
13%
No par
$3 preference
United Dyewood Corp
IVo
preferred——i
91
10%
—.No par
United Corp common
47% May 20
98
3%
100
16
20
*5%.
9%
90
33%
97%
29%
"51
50
com.
$3.50 convertible preferred
3% May 15
13'
19%
33%
51%
—,—
Dec
July
16%
19%
33%
13%
—25
United Biscuit Co
Nov
5
16%
16%
8%
99%
33%
*97%
6%
8%
series.._l_jNo par
series
No par
Car
35.
20
,
9%
9854
19%
98
6%
9
9914
,
33%
44%
98
9%
9
20
33%
29
par
preferred
non-cum
Jun
65%
19%
1
California-.
Jan
Feb
16%
16%
5
,
Rubber Co
Aircraft Corp common
5
57o convertible preferred
_10o
United Air Lines Inc common.—10
4•%% preferred _i
100
10% Apr
2
90% Mar 22
23% Oct 25
98%.
33%
United
3*
9%
98%
16%
.
10
120%
Sep
$3.70
Preferred
28%
5%
9%
98%
j____.__No par
&
pfd $4.50 ser__No
26%
3%
;
;
u
24
Dec
•
18 J%
/
•
1
(The)
Corp
Preferred
30
21%
Jan
Dec
100
48%
*27 %
30%
48
90
28%
29%
21
"27 %
21%
81
Aug 25
21% Feb 11'
25%
280
900
*27%
47%
28 %
-
49
Un El Co of Mo
110
29%
3%
21%
7
,
*27%
1,900
3%
"■
48
9'
i
3%
87%
21%
8
Dec
■3V4
9 %
51%
*86
48%
July
Dec
15%
3%
*3%
r
*8%
51 %
*
21%
Jun
16% May
86%
48%
Jun
2
9%
52%
86%
21%
98
4'to.
*8%
52
86%
>
48%
110
Union
91/3
53
'
21'%
Corp
Asbestos
Union
3%
48%
9
1
3%
3%,
No par
Union
8
3%
1,400
290
39% May 26
96% July
*86
7,200
•
9,800
Udylite Corp
51% July
41% Jun
52
83%
(3%
22%
'
27%
Union
26
53%
85%
100
8 %
22%
8
'
102%
15
31% Jan
33%
87
v
26%
28
Feb
54%
87
7%
£2%
102%
Oct
' 38%
.
7%
22%
27%
Feb
•
*8%
102%
21%
91
May
22%
9%
'
27%
16 % Jun
85
July 19
45% Sep 27
30 :
*22'%
*8%
100
42%
102 Va
Coach
Union
22%
9%
*40
27%
cmv
6'
-22%
*8%
53%
40%
102%
Underwood
38% July
7%
22%-; 23
<
27%
103
Dec
7%
23
'912
i".
40
102 %
.9% Mar 16
27% Feb 11
Jun
41%
7
28%
Sep
27
*40%
8%
41%.
2,000
102 Va
Mar
104
41%
7%
610
7%
102%
106%
Apr
41%
7%
7%
103-.
115
Dec
41%
.
7%
*102%
Dec
20
<7%
1,300
30%
102%
Bag <te Paper
No par
Union Carbide & Carbon——No
par
85
7%
7%
.
13%~13%
102%
15"
43
!7%
7%
*30 Va
27-%
59% Jun
Aug 11'
7%
7%'
30%
14
28%.
Mar 16
39
91%
7%
'7%
27%.
Dec
105
*13%
7%
28 %
36 W
2
30%
14%
28%
$4.50 prior preferred——>-No par
Twin City Rap Transit. com__No par
32% Jan
30%
"
30 %
Truax-Traer Corp
—-5
20th Century Fox Film com,_No par
$1.50 cpnv preferred—.
No par
1
:
*13%
8
Shares
28%
Corp common—
1
preferred———*
—No par
17
15%. July
58%
5
''7%
*30
14%
fc-
the Week
$ per share
*29%
<
Tri-Contincntal
11
4-
Jun
par
7%'
%
31
Sales
Oct, »«
I per share
*30%
8
Friday
Oct; 28
■v,
■
31%*
-
88
»
3%
f
Thursday
»
share
54
*8 %
"87
par
8%
i>er
$
*13%
7 %
54
4
_-__100
Transcont'l & Western Air Inc—.5
Transue & Williams Steel,—No par
"7% Sep 28
Jan
25% May
Dec
36 Va Jan
41%
>.22%
*
1 Sper share
"
-
Oct. 37 »
14%
30%
8'
7%
28
PRICES
Wednesday
Oil com."—10
Transame'rica
$6
"
41%
No par
com
Timken -Roller Bearing.
5
100% Jun
27-
*7%
SALE
7%
14 Va
i
.
8%
HIGH
*13%
30%
.
V
$ per share
8%
'
AND
Oot, 26
preferred
——No par
Detroit Axle__„—_'__5
$3.75
25% Mar 31:
4
Jan
24
Oct
t
19% Aug
Products,
preferred
Tiraken
23% Apr 11
10% May 15
107% July 22
97% Mar
/
15
—
Tide Water Associated
22% Mar 11
15% Jan
Feb
112% Feb
15% Nov
38% Jan
Dec
4%
7
Jan
8%
30%
*.13 %
t
(1815)
Tuesday
Oct. 25
t per share
•
preferred,.,.'—50
Thompson-Starrett Co • com__No
$3.50 cum preferred—,__No
May 21
Nov
Por
preference-—,—No par
_T—No par
conv
Thompson
6
13% Jan
•;
Thompsop. (J R)_____
16
55
LOW
Monday«
Oct. 23
Third, Averfue Transit Corp__No par
Thpmas Steel Co. (The)
v
1
9
-
7%
9% May
>
Jun
22%
Dec
$2%- div
% Jan
8
% May 26
20 %
Dec
CHRONICLE
RECORD
Saturday
U
Thermoid Co common—_________1
104% July 12
23% May 27
Mar 16
15%
$2.4q 'conv
30% Aug 31
32% Jun 15
2
17
'
». ,-7
.■
c
The Fair
19-
4% Jan
13
Feb
9
95 % Jun
19% Mar 16
,7
i
59
M
Feb
30
>
10
85
Feb
6
1% Mar 11
25%
34% Aug
i
2,4
5
>*
■
V
-
Thatcher Glass Mfg Co common—5
8
13% Apr
Apr- 30
39%
10,% May
13% May
14
May
5% May
;
Sep 29:
39%-Feb
Mar
7%
21%
21%
14
'7% Oct
v.;',
15% May 21
10% May 15
47% Jap
9.
1
Sep
19
15-18 May
40% May
93
06t
40
'
Dec
12%
46% Jan
Oct
May v
99
5
Feb
May
94
27% Oct
12% Apr 15
v; 7
24%
Dec
3% May
\ EXCHANGE
;
14% Jan
>16%
May.:
85
20
27
14%
Sep
STOCK
NEW YORK STOCK
t per share
Sep
60%
6% Aug,'-'
16% Jan
10
tl
17% Feb
13% Feb
Dec
38
t per share
Feb
> 9% May
Range sines, Jan. 1
Highest
Lowest-
t
21%
,
Dec
12
;
YORK
FINANCIAL
STOCKS
Year 1947
i
&
•'4
5 Va
4'A
*5 Va
21
*21
161
153
9%
9
53
*5 %
'5%
21
21'A
: 161
Va
51
('4
*158
,
*
4'A
4
£>%
*5'%
21
5%
21%
162 T
4
4''a
*158
5%
*21
21'A
162
*158
4'/a
6.300
5%
1,400
21%
400
162
9'%
51
9%
9'A
9%
9 %
9%
4.900
*50 Va
9%
51 lA
50'%
50'%
*50'%
51%
210
V
13% May
14%
Dec
12% May
„
26%
Dec
84
,
Nov
'
85%
i
!
Nov
35% May
85
Dec
5% May
69
May
14
Nov
107%
22
Feb
V 18%
Feb
20%
Jan
14% Feb
10
>11% Sep 29
21% Feb 16
Vick
94
May 28
Vicks
Shreve
13
95
Jun
4
Feb
86
50%
Nov
Feb
37% Sep
27
48% Jun
104% May
10% Nov
24
85
29
96% Apr
23
112
93
Nov
16%
Oct
Dec
121
Feb
34% Dec
45
Feb
Oct
7% Mar 16
14% July 13
Feb
11
14% Jan
7
124% July 12
18% May 15
117% Jun
109
Jan
6
18
Jan
7
32% Oct
15
23
Jun
14
2
Dec
30% Oct
21
Oct
38
Feb
29% Oct
29
Dec
33%
28
Sep
28
39% Apr
32% Jan
26
Nov
33 Va
Oct
29
Apr
15
32% Jan
13
30
Aug
Vertientes-Camaguey Sugar Co_,6%
57o
&
non-cum
Co
Elec
&
5
77o
com
2o Va
12 3«
24%
12%
25%
12%
13
13
26%
13%
22%
38%
*85
11%
104
10
16%
90
22%
*89
22 "8
*90 "*•
92
38%
92
38%
39
*85
88
11%
105
11%
105
16%
16%
22%
105
16%
113%
114
*18%
20
24%
12 Va
12%
12%
*22'%
23
90
92
*90
39
10%
*104
38 Va
*85
10%
10%
107
105'A
Ry Co
preferred
16%
16%
113'%
113%
16%
11%
11%
11 Vb
107
7
11
105
16%
107
18%
30 %
30%
30%
30'4
303»
31%
31
31
39
*27%
;> 30
28%
*273A
28%
*27%
31
*30%
31
*30'%
•*60%
62
*
20
*27%
28%
*27%
28%
*30
31
*30
31
*59%
62
*60
62
.
92
37%
*30%
20 "
common
preferred
*88
85
114
19%
30%
30%
33%
89
85
*18'%
33%
39
37 %
33%
33%
23%
87
*32%
33'%
25'A
38'%
5
common
114
2.500
92
20
19%
12%
*85
*19
18'%
v
12%
*90
114
> *
i
500
12%
*37'%
25
114%
.
38%
25
pfd
1,200
24%
•
92
11%
3.000
12
12%
87
25
Coke 4 7o
25
11%
24%
90
*89
88
25
23 Va
23
*89
*85
•
25 Va
*12
.24%
22"a
*38%
11'A
24%
12'/4
90
*90
'A
88
25'/4
25'/a
12
13
*89
90
24'%
*24 Va
24%
100
Iron Coal &
6%
Co
Pwr
preferred
25'A
12%
*90
preferred
:_100
Va-Carolina Chemical com—No par
67o div partic preferred
1100
$5
26
12'%
2 5'/a
*89
3%%
Virginia
25%
12%
25 %
22%
2.50
Ry com. 100
preferred—
100
Victor Chemical Works common—5
Va
i
13
Pacific
Visking Corp (The)
Vulcan Detinning Co
31%
26
10
12%
*24%
2.50 *
.
Inc.—
Virginian
31
Jan
Co
Co
38% May 11
34% May -3
30
40
of America__No par
Chemical
21
94%
86
Corp
Norman
Raalte
Feb
Jan
Vanadium
Van
39
94
16
Van
12% July 19
21% Oct 16
Feb
27% Oct
15% May 17
267/a May 21
15% May 21
29% Jan
6
113
16%
113
*105
16%
113
107
16%
113
•
20
.
■
1,200
't
\
10
6,600
,
600
10,100
'
220
t
i
5
*13'%
19%
*lo'%
*32%
303i
34
*32'%
34
*33
33'%
400
31
30%
30%
30'A
30'A
1,600
29%
'
.
1,000
30
30
30
29%
29%
1,600
:'8 V2
*27%
28'%
31
*30'%
31
62
*60'/8
14
"13%
19Va
—
W
57
Apr
75%
Feb
13V2
Apr
17%
Jan
Apr
36%
Feb
29%
100
Dec
xl7% May
7% May
-10%
Dec
88%
Dec
12
Dec
For
109
July
24%
Jan
13%
Feb
19%
Feb
106% Mar
18%
footnotes
Feb
see
page
57% Aug 16
13% Aug 30
x30
Feb
11
100Va Apr 29
xl8% Mar 17
8% Feb
11
10% Mar 12
X83%Marl2
9% Oct
24.
21
66
Jan
2
15% Jan
8
35% Jun
'4
105
Aug 26
27% May 21
13% May 24
16% July 13
101
14
Jun
2
May 22
Wabash RR 4%% preferred
100 "
Waldorf System—1;-——
No par
Walgreen Co common..,——No par *
4%
preferred
Walker (Hiram) G & W
—
Walworth
Co
Bros
—No par
———No par
Ward Baking Co common
5%%
preferred
Warner
100
Pictures
1
100
5
*13%
13%
13%
13%
*32%
33
32%
33
100%
'
25%
-
100%
*25
26
10%
11
16%
16%
*94
9%
100%
-
100%,
25'%
*60
62
"13%
33
-•
60 %
60%
m
'
"13%
14
33
-V
14
14
*32,'%
33
*32
101
*101
*100'%
100%
100%
25 Va
25%
*24','2
'A
32%
102
32'A
*101%
14
200
32'A
600
102
>
150
24
21'%
1,900
,
10'A
10%;
10%
10'%
1038
103/b
10'A
10 'A
10'A
10'%
5,300
f
15'%"
16
15'a
15%
15%
16'A
16
16%
15%
16 %
4,700
'
93 3
94
94
94
*93%
94%
10
9%
9%
94%
*9334
94%
9%
9%
93%
i
9%
9%
934
24%
24
"94
9%
24%
94 'A
30
9%
25,900
,
t
!\;t»'
24
COMMERCIAL
THE
(1816)
"t
NEW
FINANCIAL
YORK
STOCK
CHRONICLE
Monday, November 1, 1948
RECORD
y.* "Vi'f.
;
4^;>i ■;
;'
■■
i'
•;-ii iha.
■»
STOCKS
Range for Previom
>
Range since Jan. 1
Highest
Year 1947
Lowest
,Lowest y
Highest
t per thare
I per share
$ per share
NEW YORK
14
32
2
Warren
10
34% May 14
5
16
27
Jan
17% May
23%
Feb
17% Feb
20 *
26%
Feb
17
19%
Dec
Sep
Feb
41
15
Jan
27% Aug
22
Sep
Oct
2
5
30
12%
Jan
4% Sep
Sep
27
34% Aug
i
83% May
90
Feb
80% Feb
13
86% Jan
,
21% May
34%
Jan
19% Mar
5%
Dec
1
Webster
6% May 24
27
19% July
13
121%.
103%
Dec
112%
11
113
25
107
Jun
Jun
20
22% Oct
20
Oct
38% Feb
14
51% Jun
15
113
Dec
Jan
100% Fob
25
110% Jun
11
46% May 20
9% May
32%
Dec
22% Mar 12
38% July 12
4%
Feb
28VaFeb
11
36% May 21
6
Dec
42%
65
Dec
90
62
Mar
16% July
j
9
72% Jan
26%
17
May
27% May
Sep
26
Oct
18% Sep
32% Feb
27
38%
13
39s/s Jun
5%
82
31
Dec
25 Vb Feb
11
33% Jun
85% Feb
11
95% Apr
106% July
11
101% Jun
Western
11
Nov
55
Jan
29 Va Feb
76
Dec
80
Jan
5
31
% May
53%
Oct
37
Mar 16
90
Dec
101% Mar
83
Mar 18
Feb
23
Feb
40% Jun
16
62% Mar
26% May
34
29 Vb
Feb
90
Feb
29% May
34
Feb
12%
Dec
13%
Feb
64%
Oct
9% May
5% May
67/b May
Sep
*18
18 Va
19%
*19%
19%
16
1
16 Va
'5%
-
.
5Vb
'*18%
v
19% Jun 21
12
Oct
16
Jun
20
Nov
15
Mar 30
-19
Nov
15
145% May
8
10
18
Jun
Jan
35
Dec
28
Feb
43 Y» Feb
16% Sep
94%
21
65% Oct-11
Apr
83
Dec
100
Feb
73% Oct
53
Dec
80
Feb
58
Feb
18%
5
22
Woodward
(F
May 17
Prior
Wright
69
Wrigley
July 15
11% Jun
21
2
45
Jan
26
Sep
30
34% Jan
16%
Feb
10% Feb
27
38% Mar 13
48
23%
15% Feb
24
Oct
Yale
May 25
53% May
83
Oct
65% Feb
15
31%
Feb
14% Mar 16
May
25
14% May
and
4
Jan
asked
Special sales,
19% Feb
July
10%
Jun
prices;
wd When
no
Oct
sales
distributed,
27
11
27
21%
20%
44%
44%
45
*103%
105 %
*103%
105'%
105 Va
*104%
*104%
Stocks,
7
7
38%
38%
39%
39%
4C%
13%
13%
13%
13%
12%
13 VB
*34
35
35
35 Vb
*33%
35%
*33%
34%
33%
33%
*31%
33
31%
31%
X30%
30 Va
"j 30
*67%
72
*66 Va
70 VB
Total
-
38
70
20%
38
29%
29%
-
19%
19%
19% >:
19
35
38
r.
38 VB
37%
28 Vb
28%
27%
28%
92
93%
92
92
*92
93%
130
97%
97
97
97
97
*96%
97
Va
800
33
33
*33 Vb
33
32 %
800
*110%
114%
55%
57'A
89
89
89%
89 %
89
89
89%
90
20
25%
25%
25%
25%
*25%
26%
18%
12%
18
18 Va
19%
19%
19%
54 Va
53%
53%
53
*31
31%
*30%
31%
*30
31%
12%
11%
12%
Xl2
12
12%
12%
19%
*30
2,400
<
210
53
'
*30
12%
31%
11%
12%
—'
-
11%
2,200
22,400
9%
9%
ib%
9%
9%
9%
9%
9%
par
*61%
63
61%
61%
61
61%
60%
60%
60
60%
59%
59%
1,000
12 VB
12%
12 VB
12'A
12 VB
12%
12%
12%
12 Va
12%
12%
12%
8,300
*75%
77%
*76
77
*76
*75
77%
75
75
15 V»
15%
*15%
15%
16%
16 %
16%
10
9%
conv
15%
*15%
15%
*15%
15%
*15%
15%
100
16%
16%
16%
16%
16%
16%
xl6%
16%
13,400
128
*125
128
'125
128
37%
37%
37
37
37
37
46'A
45%
45%
45%
45%
45%
45%
7,500
2,600
19
19Va
18%
18%
100
*70
72
70'A
70'A
77%
*37%
77
17%
69%
69%
*68 Va
76%
75%
76%
75 VB
88
75%
88
86
86
17%
18
17%
18%
*68
•
•
No pai
89
*66
*85
68
75
350
87
20
*85
87
*85
17%
68%
69%
77
73%
17%
69%
18'A
.
77
*85
77%
600
37%
.No par
*86
■
45%
46
100
->>
37%
46%
.No pai
128
*125
46'A
46%
series
200
*74
37%
*37%
10
38
t-
76%
78
*125
128
10
_
9%
*15%
16%
*125
128
*125
100
_
..
10%
10
1
40
Va
66%
66
%
66 %
66'A
66
66%
66
'A
66%
65%
65%
1,100
10%
10%
10%
10%
10%
10%
11%
11%
11%
11%
11%
9,800
29
Mfg Co
%
10%
a
29
28%
28%
28%
-
€6
13%
13%
13%
42
42
23%
24
23%
23
23%
1
28%
3,500
13%
13%
13%
13%
5,800
*41%
41%
41%
41 Va
23
22%
22%
1.100
89%
87%
88%
14,500
28%
28%
28%
14
14
42%
42%
23 'A
14.
*41%
42
14
42 Va
28%
13%
*41%
23
23
22%
89
87%
28%
28%
400
88%
87
88 %
87%
88%
87%
17%
17
17 Va
16%
16%
*16 Va
16%
16%
16%
16%
16%
900
No par
30'/a
30%
29%
30 VB
29
29%
28%
28%
23%
28Ys
28%
29%
3,500
4%
4%
4%
4%
4%
yy4>.'
4%
4VB
4'A
4%
4%
7,600
Radio
Zonite
Corp
Products
flEx
1
Corp
liquidating
$40
dividend
paid
May
10.
a
Deferred
4%
delivery.
cName changed from National Bond & Share Corp.
Daily, Weekly and Yearly
,'.••• .-..'s
Total
Foreign
Bank
Government
Bonds
Bonds
StOCJCS
Bond
Bonds
Sales
Railroad
203,000
973,250
4,438,000
184,000
862,860
3,818,000
282,000
5,727,230
$19,563,000
$1,600,500
Tiiioo
3,000
Shares)
Monday
_
—
Tuesday
3,133,000
1,000
4,649,000
—
Wednesday
--
¥
-
'
Government
$5,000
1,000
Domestic
179,515
271,235
246,135
212,485
Saturday
3,965,000
40,000
26,000
*
of
3,491,000
$20,000
' V1*
'■" *•*o
'* "" i
V •>
Bonds (Par Value)
Foreign
Foreign
(.Number
$1,959,000
$2,000
331,500
r Cash sale,
Transactions at the New York Curb Exchange
Exchange
United States
2,890,000
$135,000
278,000
291,000
116,000
3,000
16,000
Corporate
______
$20,000
11,000
3,000 ~
1,000
Total
$140,000
299,000
305,000
135.000
149,00o
$49,000
$84,500
227,995
136,000
12,000
Friday-
230,000
327,000
24,000
1,000
352,000
Total
1,367,365
$1,283,000
$61,000
$36,000
$1,380,000
Thursday
4,100,000
$21,297,000
"
Week Ended Oct. 29
Jan. 1 to Oct. 29
1948
1947
1948
1947
1948
-
1947
Jan. 1 to Oct. 29
1948
5,509,471
245,589,802
209,047,700
1947
$84,500
$60,000
$1,136,000
$3,072,000
Domestic
49,000
175,000
3,803,000
19,477.000
Foreign
1.600,500
1,966,700
70,106,640
64,331,520
Foreign corporate
19,563,000
19,289,000
784,202,800
$21,490,700
$857,298,440
$851,845,820
1,758,820
62,092,901
60,940,444
$1,283,000
$1,030,000
48,000
$42^289,000
7,457,000
$69,747,000
61,000
36,000
8,000
1,444,000
5,791,000
473,000
$1,086,000
$51,190,000
$76,011,000
764,965,300
$21,297,000
1,367,365
$1,380,000
5,729,230
Stocks—No. of shares
Bonds
2,900
17%
3,589,000
Total
17%
53
400
■
17%
88 %
969,570
Railroad & Industrial
25%
'■
*19
31%
19%
*53%
19 Va
53%
19%
54%
380
-90
25. VB
17%
17%
17%
17%
18%
20'A
54
v
—
9,000
56%
56
26%
*25 Va
26%
19%
.
31%
*31
,5
18 %
*25%
-
%•';
114
*109
V 90
No pai
1.1S7.190
Foreign
32
88
54
27,600
28%
27%
30 VB
93%
97%
33 %
20
7.200
28%
33%
18
3,800
.
93%
*110%
54
100
19Vd
37% >38%' V'
•
93%
114
20
700
,v
Va
60
29%
93
1
30%
97%
29%
34
*110%
,
Int'l
•
300
35
19
v
38%
87%
34
Corp commonpreferred
this day.
tin receivership.
Ex-dividend.
Bonds
4,000
Zenith
July 12
6% May 19
and Miscel.
4,900
13 »/B
66%
19%
38'A
No par
Co
$95,000
International Bank
1
70
'67
38 VB
20
38 Vb
*97%
97%
70 VB
19%
19%
92
32
*66%
37%
•-
92
*96%
32
33
*67
20 Vb
.
»3i%
y
32%
Jr (Del)
Worsted Co
Towne
40 Va
No pai
505,000
U. S. Government
40
13
'
Youngstown Steel Door
2,966,000
.
6%
*110%
com—.
Co
Week Ended Oct. 29
Stocks—No. of shares
6%
Youngstown Sheet & Tube
28
xl9% May 27
$1,862,000
Friday—
7
3,700
6%
*32
7
900
e%
6%
38 Vb
14
6%
4,200
105
*103 Vb
105
38%
25
__1
50
Young (L A) Spring & Wire.No Par
682,310
—
*193 %
45 VB
44%
13%
4%%
23
89% Oct
&
York
1,104,050
:
'
105
20%
19%
20%
.'45'
38 VB
7%
Week Ended Oct. 29, X948
Saturday
102
*100%
102
14%
-
14%
v,
Shares
*100%
90
39
6%
>:.- 39
Daily, Weekly and Yearly
Number of
102
57%
(Wm)
Transactions at the New York Stock
Week Ended Oct. 29,1948
*100 Va
190
No par
Aeronautical
on
x
Co
W)
pfd 4%%
Wyandotte
16% May 24
50Va Mar
21
21 Vs
44%
33%
com.
Machinery common
Prior pfd 4%%
series
96% July 28
94
33% Aug
Oct
21%
44%.
10
106
Worthington Pump &
25% May 15
81% Feb
4
37%
14 % May
21%
44%
510
106
10
Iron
Woolworth
10 % May
Dec
*100%
21%
44%
20
___
14
V:
60% Mar 19
8
Mar
9
70 Va Mar
Nov
May
29
Jan
100%
21%
44%
"180
No par
Pwr
37% Oct
11
102
100%
21%
102%
110
111
105%
114 Va
Co
El
106 Va
44%
1
preferred
6%
106 Va
56
..
49% Jun
5
Feb
>-
Dec
Wisconsin
13
106 %
57 VB
Co
Wilson-Jones
10
X138
Feb
53
Dec
Jan
19
106
9.800
12,600
*110
114%
$4.25 preferred
21
Mar 19
126
May
88 V* Jan
29
110%
56%
9
11% Oct
75
May 27
111
110%
*110%
Wilson & Co Inc common
Oct
Oct
Oil
*110
105%
111%
.
115% 116
*109
116
*110
500
23%
17%
17 Va
17%
*115%
1,300
3,700
.
82%
23 Va i
110
110
115%
57 VB
preference
Wilcox
17%
111%
115%
114%
Willys-Overland Motors com
$4.50 conv pfd series A— No
Jan
Dec
Prior
5
*110
•
115%*
21%
No pai
Machine
preference
17%
17%
17%
111%
115%
300
1,900
;f
*
23%
23%
.
56
Co
Motor
conv
-
'
57%
SS)
(The
Sewing
$4
24
82%
82%
57
17% May 17
17
*101
•
100
65% May 15
99
107
12.50
9,
Mar
Dec
.
White
23%
1
j;C^:Ek2!. •/
200
19%
16%
5Va• ' 5%
28%
28%
29
28%
'
81%
2,100
18%
16 Vb
5%
*5%
30
No par
—
White
White
'
23%
*110<
*105%
100
7
8
115%
106
A_No par
5
July 30
29%
181%
3,300
-
19%
16%
16
27
25
24 Vb
24Ve '.
:,24%
'
Jan
Mfg
81%
17%
110
115%
111%
105%
100
Instrument
Dental
110
*110
No par
com
A.
pfd series B
Elec
17%
17%
17%
.110
111%
100
Wheeling & Lake Erie Ry__.
Wheeling Steel Corp com
$5 conv prior pref
30% Oct
6% Mar 17
51
RR
series
29% i
23%
116
100
com.
pfd
2nd
Pacific
Weston
9
22% July
27% Feb 26
9
Feb ,11
10% May
Monday
Tuesday
Wednesday
Thursday
18%
*19%
81%
24
23%
*110
10
Co
Ry
22
126
2
Aug
88%
*Bid
5 %
"24
*17%
29%
;
*115%
_
24% May 26
30
9% Feb 27
X53
Supply
non-cum
3.80%
July 21
92
♦103
,
_1
Inc
Lines
Maryland
24%
17%
V
No par
27% Jan
•*'
20
17% Sep
Feb
17%
July
19% May
5%
A;
25%
24%
24%
'
Shares
1,000
27
24%
27
*26
26
,
the Week
?
share
*
No par
__
57% Oct
115
24
No par
Air Brake
Westinghouse Electric com...__12%
100
3%%
pfd series A_
23
91 Vs Feb
Co
Elec
I.
Western Union Teleg class
9
Aug
8
%
Westinghouse
14
105
62
5%
5%
30%
81%
Preferred
May 19
Dec
94%. Dec
s
1
15
22% May
75
5
-
29%
Western
Oct
26%
31%
Inc
17
5%
Air
10 Va May 18
14
7% Mar 17
43
19%
16%
82
Auto
2
34% Feb
15%
17%
*19%
17
■
30%
Western
6% Jan
Jan
Dec
135
16%
17%
19%
17
*5%
Western
Jan
9%
10 VB
51%
19%
16%
18%
19%
81%
A
75%
84
18%
19%
18%
preferred
preferred
May
5% May
38% May
-
*17%
'J
:.
—100
6%
100
West Penn Power 4%% pfd____100
4.20%
preferred series B
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com__No par
4%%
preferred
100
18
16% Apr
30
24 Va
30%
Penn
1%
9
47
32% May
88
26
24 %
No par
_1
Class
20
xll3% Apr
116% Aug
Dec
111% Oct
105% Feb
Jan
West
4
22
103% Mar 29
Jan
4 .;
26%
24%
'
1
Co
$4 conv preferred
:
West Indies Sugar Corp
1
Jun
119% Jun
114
104% Mar 16
117% Mar
Nov
15
100% Oct
Dec
112%
.
27
26
24%
5
±
Mills
Tobacco
27
26%
Oil & Snowdrift com—2.50
Wesson
5
' 2
26% May 21
3
13% Feb
1051
105
Wayne Pump
27
26%
24%
27%
5
Co
Motor
Knitting
27%
27
24%
$ per
t per share
for
Sales
Oct. 20
X Oct. 28
,
27
26%
27
.27%
<y
,
I per share
-
26
106%
Wayne
7
30% Jan
i
Dec
Waukesha
20% May 28
Mar 16
Oct. 27
Friday
Thursday
Wednesday
Oct. 26
S per share
I per share
24%
Foundry & Pipe_
No par
Petroleum Corp
3
Washington Gas Light Co___No par
3
Oct. 25
r-
I per share
Warren
20% Jan.
>
Tuesday
Monday
'<j Oct. 23
.
22% Sep
36% Nov
May
-Saturday
Par
.
20% Feb
21
STOCK
EXCHANGE
,
f per share
PRICES
LOW AND HIGH SALE
Bonds
_
_
government—rr"_
—
.
-
Totai
Stock and Bond Averages
Below
listed
on
are
the daily
closing
averages
the New York Stock Exchange as
of representative
—Bonds-
Stocks
10
30
20
Indus¬
Date—
stocks and bonds
compiled by Dow, Jones & Co.
Rail¬
Util¬
trials
roads
ities
15
Total
10
First
10
10
Second
65
Indus¬
Grade
Grade
Util¬
Stocks
trials
Rails
Rails
ities
Total
40
Bonds
Oct.
23
190.19
62.24
35.75
70.73
100.20
102.43
89.58
101.18
98.35
Oct.
25
189.52
61.73
35.60
70.39
100.15
102.30
89.62
101.19
98.32
98.19
98.22
'
Oct.
26
189.76
62.00
35.69
70.55
99.92
102.20
89.52
101.12
Oct.
27.
189.28
61.84
35.40
70.31
100.04
102.15
89.56
101.14
Oct.
28
187.73
61.23
35.31
69.76
100.11
102.20
89,70
101.04
98.26
Oct.
29
188.28
61.29
35.42
69.94
99.99
101.88
89.74
101.11
98.18
Volume
Number 4747
168
THE
COMMERCIAL & FINANCIAL
Bond Record
the
"and
are
Interest"—exoept lor inoome
week, and when outside of the
The
italic
letters
in
the
and
defaulted
WEEKLY
-
bonds.
Cash
and
deferred
regular weekly range are shown In
column
headed
"Interest
Figures after decimal point represent
Mange for Previous
Year 1917
Lowest
-
104.30
Sep
"
106.6
Lowest
106.4
Dec
108.21
Feb
105.1
Sep
20
111.23
Sep
112.6
Feb
107.4
Sep
17
106.13 July
108.16 Deo
114.8
Treasury
Treasury
Treasury
Treasury
Treasury
105.28 Mar io
108.28 May 17
106.13 July
108.16
May
104.12
*
Dec
114.8
Feb
Feb
102.22 Feb
2
102.23 Sep
104.24 July
104.24 July
Feb
104.14
Sep
Deo
101.7
30
Sep
2
102.23 Sep
30
104.18
20
101.11 Jan
7
14
100.24 Mar 13
101.19 Jun
14
Apr
100.25 Jan
7
104.23
101.27
102.22 Feb
101.19 Jun
161.16
Deo
104.4
Jan
100.23 Jan
28
101.24
Deo
104.10 May
104.15 Apr
100.23 Sep
100.16 Sep
17
100.26 Apr
100.24 Sep
10
10
101.12 Jun
1
101.24
101
Dee
Dee
-
101.IT
160.7
103.20
Apr
100.8
Mar 12
Jun
108.17
Jun
103.10
Apr
100.7
Oct
161,7
Dso
105.lt Sep
8sp
102.24 May
102.24 May
100
Dec
,
10
July 13
100.4
May
2
Mar
102.13
4
100.2
Feb
3%s
1949-1952
1951-1955
27/8s
1955-1960
23/4S
1951-1954
.
3
Apr
10142
103.4
102.12
Dee
100.21
Apr
102.6
100.31 Sep
May
July
102.23
Dee
103.25
Apr
101.30
26
10
101.13 Mar 22
Apr
102.30 Apr
101.32 Dee
103.1
Jan
101.31 July
103.4
101.14 Apr
July
16
,
Apr
103.2
lit Jf Oet
10SJ
100.31 Sep 27
100.30 Sep 27
Apr
100.7
Oct
101.26 May 18
•
101.18 July 13
101.19 July 13
•
100.16
Dee
II
103
101.4
asked
Dec
♦Bid
and
July
July
price.
9440 Jan
15
94.14 Jan
15
No sales
102.14!
104.31" *104.2d
"106.30
107.2
"103.26
103.29
*103.24
Friday
Oct. 28
Lew
98.30 May 17
99.30 May 17
day
Low
*102.10 102.13
102.13
"102.10
102.13
"102.9
104.30
"104.25
104.29
"104.25
104.29
"104.24
106.31
"106.27
106.31
"106.28
107
*103.24
103.27
"103.23
103.26
"103.23
103.26
*103.23
103.26
*107.8
1UJ.2T
"102.10
*104.26
j
107.12
"107.8
107.12
"107.9
107.13
*107.9
107.13
102.12
104.28
107.1
106.29
107.121
2%s_.
107.20
*107.14
107.18
*107, 14
-—1960-1965
1949-1953
107.18
2y2S~
*107.26
107.30
*107.23
107.27
*107, 23
107.27
*107.24
107.28
*107.24
107.28
*107.25
107.29
*101.19
2'As__
101.22
*101.19
101.22
1950-1952
alOl, 18al01.18
*101.18
101.21
*101.18
101.21
*101.18
101.21
"102.16
102.19
*102.16
102.19
*102, .16
102.19
*102.16
102.19
*102.16
102.19
*102.15
102.18
*102.16
102.18
*102.16
102.18
*102, 16
102.18
*102.16
102.18
*102.16
102.18
*102.16
102.18
*107.14
107.18
*107.14
107.18
*107.14
107.18
2V2S__
1952-1954
2%s~
1956-1958
*102.26
2'As_.
2'As_.
102.28
1962-1967
*102.23
102.25
*102.23
*101.8
101.10
*101.8
101.10
*101, 8
101.10
1963-1968
*101.8
101.10
*101.8
101.10
*101.8
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
Last
Period
Sale Price
101.2
-Jun 1964-1969
*102.24
102.26
*102 ,24
102.26
*102.23
102.25
102.25
,
*100.24
100.26
*100.24
100.26
*100. 24
100.26
*100.24
100.26
*100.24
100.26
*100.24
1969
*100.24
100.26
*100.24
100.26
*100.24
100.26
1965 1970
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
100.23
100.23
*100.24
100.26
100.18
-Dec 1964
100.26
1966
1971
100.18
*100.16
-Jun 1967
100.18
1972
*100.16
100.18
*100.16
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
*101.1
101.3
*101
101.2
*101
101.2
*101
101.2
*101
100.8
*100.16
100.18'
*100.16
*100.16
101.2
*101
*100.8
100.10
*100.8
100.10
*100.8
100.10
1951
*100.8
1953
100.10
*100.8
100.10
*102.27
102.31
*102.26
102.30
*102.26
102.30
*102.26
102.30
1952
*102.25
102.29
1955
*102.25
102.29
*101.22
101.24
*101.22
101.24
*101.22
101.24
*101.22
101.24
*101.22
101.24
*101.22
101.24
103.18
-Dec 1967 1972
-
.——1954
100.8
101.2
1956
*103.21
103.25
*103.16
103.20
*103.16
103.20
*103.14
103.18
1956 1959
*103.13
103.17
*103.14
*101.10
101.12
*101.8
101.10
*101.8
101.10
*101.7
101.9
*101.7
101.9
*101.7
100.2
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
100.2
100.2
*100
100.2 r
*100
100.2
*100
100.2
*100
100.2
—Jun 1959
1962
2'/4S_
—Dec 1959
1962
-Dec 1948
1950
-Jun 1949
'
-
*100
100.2
"100:4
100.6
*100.4
100.6
*100.3
100.5
*100.3
100.5
*100.3
1951
100.5
*100.3
100.5
*100.16
100.18
*100.15
100.17
*100.15
100.17
*100.15
100.17
*100.15
-Sep 1949 1951
100.17
*100.15
*10049
100.21
*100.19
100.21
<100.21
100.21
100.21
100.21
—Dec 1949
*100.19
100.21.
*100.19
100.21
*100:22
100.24
*100.22
100.24
*100.22
100.24
*100.22
100.24
_Mar 1950- 1952
*100.22
100.24
*100.22
100.24
*100(25
100.27
*100.25
100.27
*100.25
100.27
*100.25
100.27
*100.25
100.27
*100.25
100.27
Sep 1950-1952
*100:30
101
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*101:2
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
*100.30
101
♦100.30
101
*100.30
101
*100.30
101 '
*100.30
101
*100.30
101
1951'
1951-1953
—
-1951-1955
*
•
100.17
—Jun 1952-1954
*101'
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.1
*100.31
101.1
*100.31
101.1
*100.31
101.1
*100.31
101.1
101.1
-1953-1955
*100.31
*102:20
102.24
*102.16
102.20
*102.16
102.20
*102.14
102.18
*102.13
102.17
*102.13
102.17
1950
*100(5
100.7
*100.4
100.6
*100.4
100.6
*100.3
100.5
*102.3
100.5
*100.3
100.5
*96.1
96.14
96.2
96.2
*96.1
*96.18
96.26
96.16
96.18
for
...
Bank
for
redemption Dec.
15
at
100.
a
Odd lot transaction,
96.14
*96.2
96.14
96.10
96.10
*96.16
96.24
Registered bond
r
or
Friday's
<
*96.8
96.14
10,000
96.21
*96.16
96.24
39,000
Friday
Bonds
Range Since
Sold
January 1
No.
Low
High
96.12
96.12
transaction.
Week's Range
Bid & Asked
►96.8
OCTOBER 39
BONDS
Interest
New York Stock Exchange
Last
Period
or
Friday's
Bonds
Range Since
Sold
January 1
No.
Low
Bid & Asked
e
High
Low
High
1980
J-D
100'A
100'/a 101%
262
100'A
J-D
*57%
59
51'A
15
J-D
*57%
65
52
60
3%s Series No.
107
14
3%s Series No.
16
J-D
*57%
65
51'A
60
58
17—
J-D
18
J-D
19
J-D
*57%
60
J-D
*57%
—.
60
58
58
58
2
53%
58
58
1
47'/a
'
J-D
*57%
59%
58
58
58
58
58
58
58
58
J-D
J-D
3%s Series No. 28
Telephone
New
REctor 2-2300
120
Foreign Govt. & Municipal
1947
6s
1948
(King of Norway) 4s
(Dept) coll 7s A
s
f 7s
§ AExternal
s
sec
A External
f 7s
sec
A-O
series C
1945
1st series
s
10-year 3»%s
J-D
J-J
-1956
F-A
10-year 3'As
1957
J-D
20-year 3'As
1967
J-D
_1966
J-jD
1962
96
101%
M-S
J-J
15-year 33As
—;
external
6'As
External
s
f
6s
1955
External
s
f
7s
-1955
J-D
1941
(U S of) external 8s
Stamped pursuant to Plan
91%
ilnt reduced to 3.5%)
s f 6'/2s of 1926
Stamped pursuant
to
1978
40'A
31%
40%
73
99'/a
1979
25
85
85 y8
92
15
83'A
99
101
111'/a
tint reduced to 3.5%)
1978
57c
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
External $ bonds of 1944 (Plan
1979
B)
6
111'/a 112'A
*61%
17
3%s Series No. 3
3%s Series No. 4———
*60'A
45
J-D
J-D
45
46'A
46
62%
37%
37%
49'A
54
A-O
103%
103'A 104
64
103'/a
105
J-J
104%
4
103%
105
,104% 104%
J-J
*45
37%
50
1942
M-N
*27%
19
28
-1942
M-N
26%
18%
19'%
27'A
27
3
Jan 1961
J-J
27%
27%
26%
27%
s
f
6s_;
*27%
Jan 1961
J-J
Sep 1961
M-S
assented
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M-S
1962
A-O
♦27'%
-1962
A-O
26 %
assented
6s
assented
AGuaranteed sink
26%
Af-N
1963
43
__
J-D
267 a
28
28
18'A
20%
27%
1
18
•
27
—
49
38
43
1
37%
49'A
49
27%
28
48%
22%
__
26%
3
27'A
4
28
19%
27%
2
58%
13
58%
58%
58%
4
58%
*58%
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65
*57%
J-D
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65
*57%
65
J-D
*57%
*57%
60
*57%
59
*57%
7
64
——
46'/a
61
51
61
48
18'A
27%
28
1957
J-D
27
26
—1961
J-D
J-D
26'/a
27
9
18'A
27%
1961
A-O
27
27
1
19'A
28
———1961
A-O
26%
27
4
18
27%
1962
M-N
27%
27%
1
19
27%
—1962
Af-N
27
27
2
18
27%
M-S
1
18
27%
1
17%
,
fund 6s
AGuaranteed sink fund 6s
assented
Munic
7s_
assented
1960
i—1960
(Hukuang Ry) 5s
-1951
26
26
2 7'/a
27
M-S
257 a
257a
J-D
*5'A
VH
7
18
27%
20'A
*27
27
__
For Financial Institutions
63
56
SECURITIES
FIRM TRADING MARKETS
r.RBL MARKS & no.
inc.j
64%
53
65
54
65
FOREIGN SECURITIES SPECIALISTS
62'A
52
'
49'A
,
FOREIGN
60%
52
60
48
59
58'A
59
28
21%
20
*27
61
59%
27%
18'A
61%
59%
58%
28
18'A
2(0%
19
*27%
M-N
1957
26%
28
18'A
19%
29
__
-1961
assented
Cons
1963
*27 %
■
27'A
61'A
7
J-D
...
1960
49'A
43
58%
102
102%
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A6%s assented
A 7s
94
99
assented
AChinese
101 %
2
7
27
A6s
9 4'/a
8
62'A
46
J-D
49 'A
•
46
J-D
29.
12
—
J-D
page
50
50%
46
J-D
i
i
12
65
J-D
3%s Series No. 6
10
62
37%
—
*61%
J-D
3%s Series No. 5—
33As Series No. 11
33As Series No. 12
33As Series No. 13
50'A
67'A
46%
J-D
-
'107% 114'A
60
59
100% 101
26%
A 6s
|
52'A
101
F-A
ASinking fund 63As
*
98'A
97%
-
F-A
Feb 1961
Mortgage Bank 6'As—
A6'As assented
•;
vjp5 *•
J-D
26 %
A Chile
104%
109
S.
1950
*27%
AChilean
J-D
3%s Series No. 8——
3%s Series No. 9
99'A
105
—
1
3%s Series No. 7
31
49%
*61%
A-O
3%s Series No. 2
see
106%
*46
J-D
J-D
101
105
97'A
9 7'A
48
1'
:
—1958
F-A
A 6s
90'A
25
97'A
60
59%
58
54
r'
*57%
*57%
i
A-O
AExternal sinking fund
94
93 'A
87
91'A
•
A-O
AExternal sinking fund 6s
A 6s
*57%
.t
«
1960
ARy external
103
87'A
87'/a
87'/a
A-O
A-O
97
9
87
A
(Int reduced to 3.3757c)
1979
(Central Ry)
—1952
Stamped pursuant to Plan A
66
30
86'A
J-D
1957
10
60
1960
A6s
86%
86'A
A-O
A7s
footnotes
31'A
40
91
A-O
1957
Stamped pursuant to Plan
For
AExtl
96
99'/a
101'A 101%
91'A 91%
—.
assented
A 6s
38'A
36
Plan A
(Int reduced to 3.3757®)
AExternal s f 6'As of 1927
334s Series No.
40'A
31%
91'A
A
AExternal
3%s Series No.
31
31%
33'A
86
J-D
§ABrazil
40
33
39
assented
assented
A 6s
33
37
F-A
1949
20-year 3'/aS
31'A
55
sinking fund 6s——.Feb 1961
A6s
33'A
A-O
AAntwerp (City) external 5s
1958
(Commonw'lth) 5s of '25-1955
33
;;
AExtl
33
A-O
A-0
2d
Australia
Belgium
40'A
33
J-J
1957
92 %•
31'A
M-S
60
59'A
1954
f 7s
s
AExternal sinking fund 6s
65
65'A
33
32%
J-J
series—1957
f 7s
60
80
32%
(City) 8s
External
(Rep)
§A7s
64
*74 'A
J-J
f 7s 3rd series—1957
s
►61'A
M-S
1945
60'A
1957
60%
48
1961
3'As
Carlsbad
§AChile
!,61'A
J-J
1945
f 7s series D_
s
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s
Canada (Dominion of) 4s—
25-year
1968
series B_:
^External
External
Brlsbane
1-1693
A
F-A
1945
§AAntioquia
AExternal
Teletype
NY
(Colombia)—
§£Gtd sink fund 6s
A
Exchange
,
'
f 7s
York Stock
J-D
50
63
*57%
-
J-D
—
60'A
*57%
J-D
3%s Series No. 29
3%s Series No. 30—,1-—.u.-
Broadway, New York
61
1
J-D
J-D
26
3%s Series No. 27
Wertheim & Co.
Members
5 4'A
2
58
60
2
58
60
51'A
47%
2
58
3%S Series No. 24
60
•51'A
J-D
3%s Series No.
60'A
60
52
—
J-D
3%s Series No. 25
60'A
44
3%s Series No. 23
Foreign Securities
s
High
3%s Series No.
3%s Series No. 21
§£External
80,000
101.2
*100.31
3%s Series No. 22
Akershus
2,000
101.9
"100
"100
2y4S_
3%s Series No. 20
fund
1,000
100.18
*100.8
-Sep 1967 1972
3%s Series No.
sink
1,500
101.10
*101
2'As—
3%s Series No.
AGtd
Bonds(«)
*106.27
104Jf J
3%s Series No.
Agricultural Mtge Bank
the Week
High
—Dec 1952-1954
{Called
Interest
of
S&lea fer
Oct. 2»
High
*107.8
^Treasury 2s
'Treasury 2s__
'.Treasury 2s
Treasury 2s__—
Treasury 2s
Treasury 2s.™—
'Treasury l'As
Low
New York City
Transit Unification Issue—
3 r/o Corporate Stock
Thursday
High
107.14
Treasury 2%s-.
Treasury 2%s_.
Treasury 2'As~
Treasury 2Vis
Treasury 2'As_.
Treasury 2%s_.
Treasury 2y4S_
Treasury 2 Vis—
Treasury 2y4s__
Treasury 2y4s__
Friday
"*
Exchange
Mw.
*107.16
RANGE FOR WEEK ENDED
BONDS
New York Stock
•102.1B KRUni
*106.27 106.31
transactions
for the year.
PRICES
Oct. 27
mi
Uw
HIGH BALE
Wednesday
Oct. 26
*lgl
"104.27
only
Reconstruction & Development
10-year 2y4S
1957
25-year 3s
1972
Apr'ii
transacted this
Tnftsday
*10„.u
the
range
point.
a
Oct. 25
SKI
are
the
"107.10
International
91
ranfe, unless they
sales in computing
such
1958-1963
Treasury 2s—
Treasury 2s
Treasury. 2s
Treasury 2s
Oc^26
ltd of
mere
week's
of
1956-1959
{Treasury 2a
100.21 Oct
103.13
or
the
23/4S__
Treasury
Treasury
11
in
taken
2%s
-
May 24
100.23 Jun
10
Mar
100
102.26
4
101.14 Sep
103.6
100;
.
100.27 May 21
102.26 May 25
Deo
2
one
Oct. 23
KM*
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
May
104.12
s
EXCHANGE
Feb
disregarded
8»hir6»T
NIW YORK STOCK
Highest
are
LOW AND
OOYKKNMENT BONDS
Range since Jan. 1
.
Highest
YEARLY
-
delivery tales
a
footnote in the week in which
they occur. No account is
indicate in each ease the month
when the bonds mature.
Period"
(1817)
New York Stock Exchange
«»
FRIDAY
NOTICE—Prices
CHRONICLE
50 Broad
St., New York 4, N. Y.
Telephone HAnover 2-0050
Teletype NY 1-971.
5%
27
.
7'A
25
26
(1818)
&
COMMERCIAL
THE
RANGE FOR WEEK ENDED
Friday
BONDS
New York Stock Exchange
Interest
Sale Price
Friday's'
or
A 6s
Sold
No.
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January I
Low
of
1928
Oct 1961
A-0
—Jan 1961
f
s
$
bonds—.
70 li
J-J
1970
6
A-O
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8 A Sinking fund 7s of
1920——-1946
§ A Sinking fund 7s of 1927
1947
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_195l
—1958
assented
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43
AExternal
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41
44
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4214
72
1
41
44
bond
of 1937)
9
58
82
63%
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1
53%
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6
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13 •
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•
,
or
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($
8
nigh
7 1
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;
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85
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;
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1
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F-A
1964
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r
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No.
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*G%
J-J
__1960
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Friday's
Bid & Asked
J-D
County Council 3 lis
1957
gAUruguay (Republic) extl 8s—1946
45
41 %
—1958
7s
Sydney
75
37%
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23
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:
J-D
*•.—.——1953
7s—.
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73%
70
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6.9 Tb
M-N
A-O
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LOW
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M-N
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ACosta Rica (Rep of)
69%'
70%
67
37%
,Last
(Period
■
..
High
ASilesia
1927—
external
Week's Range
Interest
BONDS
New York Stock Exchange
(Republic of)—
of
A 6s
3s
Friday
"
Range Since
Bonds
Bid & Asked
Low
Colombia
OCTOBER 29
Week's Rang>$$:
Last
Period
Monday, November 1, 1948
RECORD
BOND
YORK
NEW
FINANCIAL. CHRONICLE
90%
126
117
122
121
*110
121
—
External
:
M-N
readjustment——1979
External
conversion——_2_ 1979
;
80'
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80%
79%.
'
62
73
"
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73%
83%
80
84%
73%
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74
81%
86%
73%
1*77%
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92
*
Cuba
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4 %
s
loan
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1914
series
1949
C
external debt
FjA
J-D
Sinking fund 5%s-———1953
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to 6%)
extended to
1960
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gold
gold
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extl
'3s
extl
$
f
s
f
s
Greek
J-J
$
$
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73%
6314
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V
:
70
68
'
95
*68%
59
V
90
Alabama
18
54%
—
58
•
.
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'
'
—
*52%
38
9%
AAdriatic Electric Co 7s~i
1952
Great Southern 3%s„—196?
F-A
f
s
1960
Italian Credit Consortium
for
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§A7s series B
Italian
Public
6%
„1977
to 3%
7s
A-O
100%
69%
American
53
Amer
&
16%
J-J
15
lG3
14%
15%
14%
24%
24
1951
J-D
26-
25 "4
1957
A-O
assented
23%
22
31
\
12
56
24%
1943
Ass'td to Nov 5,
1942, agrec_1968
§ A Mexico (US ) extl 5s of
1899 £—1945
§AAssenting 5s of 1899
1945
A Ass'td to
Nov. 5, 1942, agree_19G3
AAssenting 4s of 1904
—1954
A Ass'td to
Nov. 5,1942, agree_1968
§ A Assenting 4s of 1910
1945
A Ass'td to
Nov. 5, 1942,
agree_1963
§ATreasury 6s of 1913 assent
1933
AAss'td to Nov. 5.
1942, agree_l963
AMilah (City of) 6lis
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s
f 6V2S
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:
1
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'
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—
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8
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30
24
32
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1
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s
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,26
2008
M-S
-
*31
18
14
32
26
Coast
1st
30
i 33
80%
80
77%
67%
93%
12
66%
92
73
77(4
1,-1970
J-D
1955
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92
93
1963
M-N
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1994
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__
79
.
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,,s106%
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1963
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,_1964
101
104
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4s..___July 1952
103%
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!
--
9814 100 Va
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55
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194
J-J
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66
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.—July 1975 *
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98
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98
36
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87
89
27
82
94
94%
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43
86
98
64%
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70
56
25
%
8
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.
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fixed
—
74 %
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52%
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53
M-N
85 Ib
85 I'B
J-J
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78
5G
1985
J-J
80
80
1951
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96
.1951
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.due Dec 1 1995
„
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•
23
67%
7814
396
45 la
56%
7
79%
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7014,
81
1
76%
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18
88%
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3
88%
98'"a
99%
10014
Va-—
West
S'western div 1st
(3% '/r
.
M-S
income------Feb 1 2010
series
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.
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:
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Ref
-
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due Mar 1 1996
contingent interest)
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conv
94%
due Mar 1 2000
f
„.
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89
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K
and 3%'i
.104
80%
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—
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.
78
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:
*95
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lfi
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94%
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Air
cons
unified A lis A_—
Series
68%
81%
1995
contingent int»_^July 1975
Ref & gen mtge 5%
(2fixed
and 3'A contingent interest) —
7
A-O
A-O
sink fund 4lis
Charlotte
&
and
31
97%
3
51
*73
991/4
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B
957s
45
85
;^06%*
"•
101% 101%
97%
91%
i
101% 10214
*
10114
98 Va
90%
-
29
567
—
A-O
—.July 1 1995
1st mtge 4s ser A_^.
1st mtge 5ser
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75
95
85
101%
•
92 Va
93%
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101% 109
7
,
94%
111% 112%
112
90%„ ..9714
,
...
Baltimore & Ohio RR—
91a
89%
95
MS
1965
5s
94
J-D
-
—
mortgage 3%s
26%
M-N
1963
f
s
-91% "92
J-D
7%
22 li
—1957
3lis s f external-—
Municipal Bank extl
A-O
Ry 1st 4s1948
3 A Second mortguee 4s—
1948
Atlantic Refining 2%s debs
1966
*-
29
1956
extl loan
361
-105
13
•307b
■
*22
104% 10514
J-D
g A Atlantic & Danville
714
19%
1957
4 lis
•_
Series
,
Plan A
(Int
sink
M-S "
1959
6lis
Stamped pursuant
MS
2008
gold 4s———;
4s__
Geneial
9 18
,
23%
21
814
7
4
t
*11
J-J
48
87%
103%
15%
5%
5%
J-J
61
94
87
Q-J
1st
Stamped
10%
•.13-
*6
J-J
92%
93%
87
A-O
Atlanta
18
'
*414
91%
93%
99
85 li
.'91'2
13%
_'
•
_
J-J
Plan A
2.125%)
reduced to 2.125%)
Netherlands (Kingdom) 3%
Norway (Kingdom of) 4lis
(City)
:
6%
J-J
1958
pursuant to
reduced
External
;...
*11
J-J
91%
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J-J
A-0
(State)—
ASec external
ASec
k *5
:
35
1969
34
1
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"70
'
__
Q-J
20
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V
5
3s—„—i
debentures—
General 4s
Q-J
1952
Minas Geraes
*6
70 "2
94%
92%
July 1995
A P W Products Co
5.s_—«:1——1960
Atchison Topeka & Santa Fc—
19%
20%
1
33
■
80
F-A
debentures-!—J—1982
debentures—*-1987
debentures-;^-—.1957
Amer Tobacco Co deb
3s
5
7%
100%
97
~3
93%
conv
Ann Arbor
12
26
33
103
Atlantic
—
1
97%
MS
debentures——1961
conv
2%s
2%s
78
,
12
'
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818
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Irrigation—
§A4%s
2030
--—-1975
debentures—-l———--1986
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1st
Mexican
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debentures—-,-——-,
10%
22.
36
16%
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Foreign Pow
J-D
-
Telephone & Telegraph Co—
debentures.—^4--.----^---- -1980
2%s
13%
33
8,
25
J->J
.—1954
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15
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3s
104 li
103%
American
1014
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%.
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28
100 Is
15
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A-0
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7
1914
106
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;
'
11
COMPANIES
105
106
Albany & Susquehanna RR 4%s__1975
Alleghany & Western 1st gtd 4s—1998
82
104
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1952
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A
Jugoslavia (State Mtge Bk)
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6
52
—1977
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1
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—1947
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52
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'
1977
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1960
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Power
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1958
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,
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1968
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70
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1964
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118
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1949
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1952
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.
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t
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1955
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1962
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1977
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cont. int)--1980
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ser
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reduced
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to
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f 6s 2d
s
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loan
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de
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1946
to
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1946
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1976
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.
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1967
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1955
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13
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•
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:
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..
57
102%
101
—
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83
■
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18._
87
60%
50
9%
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1954
Bristol-Myers Co.3s Debs
•.
1968
Bklj-n Union El 1st gold 5s;—-1950
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1
23
27
1
23
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37
5
33
37
Buffalo Rochester & Pgh Ry,—
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7
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modified
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102
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,,
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mtge
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1960
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-
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J-J
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37
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1999
of
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to
11966
reduced
to
2004
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93
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to
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to
31
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18
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41
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25
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28 Va
29
31
2012
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22
27
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—
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1936
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1956
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i
2004
J-J
1968
J-J
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2012
A-0
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1940
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1978
Serbs Croats & Slovenes
(Kingdom)—
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loan
(Int
extl
reduced
dollar
to
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loan—
40%
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reduced
s
f
to
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7s
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series
B
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1962
extl—
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sec
110
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8
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5
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10
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1956
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11
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—
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101
■
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—
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1987
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39
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1950
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%
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1960
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,
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' <414to Aug 11949)
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t
ocr:
98 %
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104
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15<.
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96
10018
Volume
168
Number 4747
•
THE
COMMERCIAL &
FINANCIAL
CHRONICLE
(1819)
27
NEW YORK BOND RECORD
RANGE
Friday
BONDS.
New York Stock
Interest
Exchange
'
consol
gold
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&
4s—:_u—_
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.
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38 4
49%
97 V*
15
96%
100%
.
.
A-O
A-O
"111%.
101% 101%
8
101%
1011
101
101 %
50
96%
-__1974
99
99
A-O
*99
J-J
1987
o__
110
"45
2
50
97
99%
1961,
J-J
1961
J-J
"IOOV'b
J-J
110
44
"108
4%s unguaranteed
u
Kings County El L & P 6si
Koppers.Co 1st mtge 3s
,1961.
1
J-J
ctfs______
1997
112'/a
97.
*97
4_
100
1-00
6
1
A-O
1959
97
—
1
21
A-O
1964
M-S
97%.
16ft100
99%
1
103
104%:
99ii%
100'A
114.%.'*
50
100%. 1
112%
98176
103 %
1%.
-
96'/a
jj
86
96%
*"142
101r
A-O
;J-D
106%
48%
/
%
0991/2
A-O
1968
1_J
_-_L
5s
97
F-D
„^___1961
—I—*-
jAKreuger & Toll
96
J-D
'
1975
Kentucky & Indiana Term'4%s_"
Stamped '
A-O
3s"__1950
98%
Laclede Gas Light 4%s
cony debs—1963
Lake Sli & Mich Sou gold 3'/2s
1997
3%s registered
1997
Lautaro.. Nitrate Co Ltd—
mtge income reg__T
Lehigh Coal-& Navigation Co—
S F mtge 2V2s ser A
rpntnotes
72%
43%
40
71
97 %
v
1st
1st, mtge 3%s series B—
Kansas City Terminal Ry 2%s
Kentucky Central gold 4si
A 1st
h'or
85'A
76
58 Va
"82 V2 .184 V2
A
/
68%
75
•-
82 %
107%
•%76 /.v..76 ■*•••::'
J-D
1977
•
100% 101 %
,:■
J-D
_i_/_!_1995
4%S—1961
81
107% 107%:/:
100%
J-J
Haaq Aj S western 1st
Va
K
1st gtd gold 4s^._1990
Kansas City Power & Light 2%s'
1976
-1st. mortgage 27as
L_'__;__1978
Plain
Det.Tol & IrontonvRR 2%s ser B__1976
Dow Chemical
2.36s debs
______1961
JSADul So Shore d Atl
gold 5s____ 1937
Ei
J-D
Kanawha & Mich
Kansas
.
series
& Ga Div
85'A.
90
72%
88%
v
Apr
H
1970
series ,I—;—
1982
& Mack. 1st lien gold 4s___1995
East Tenn Va
88V4
102
100
1956
A.._. July
Cent Amer- 1st 5s
J-D
__1952
97
1st
2%s
A Second
gold As—
Detroit Term &;T.unnel
14
97
84
J-D
contingent int) ______________2Q18
Lake
93%
101 %
95
99 %
61%
63 %
A-O
.
Salt
100%
'
77
103 V4
99% 100
IU-N
,_____1993
—
Denver
4
RR—
i
A 1st gold 5s series
C.___f_•
gAInternat Hydro-Elec deb 6s
103%
,
N O—
C^__
4s
ser
Great
A
95%
100
97
"101 %
J-J
36%
103%
103
951/4
<•100%
*102 Vb
Iow-a-1st gold 4s—..1950
1st
95%'
division
1st mtge & coll tr 3 Vis—
1977
Denver & Rio Grande West RR—
1st mtge ser A (27c
fixed,, ' ;
V!v contingent int)
1993
A Income
-mtge ser A (4 %,%•;,
•;
^
10
—
/
J-J
J-J
A
103 %
JH-N
Delaware, Power & Light 3s__£__il973
•
96
991/4
1
div
AIncoma. mtge due___
Morris
95%'
"99V2
A-O
Delaware & Hudson 4s
extended___1963
Delaware Lack & West RR Co—
N
95%
J-J
1041/4
1 ' J-J
^.1970
34%
J-D
98%
"2
Indianapolis Union. Ry Co—
Int Rys
^___1978
1041/4
V9i)%
D
B___^_1965
89%
77
1041/b
D.______
ser
108%
102%
10
87
1951
series Ai
series
mtge 4s
33%
3G'/2
St
5s
1051/4
981/a
8
1951
4s___-__/_1951
4%s
,
6
100
J-J
*
98-
15
"102%
F-A
3s__~__1951
,;99% 103%
101
106
84%
J-J
„
*—
ref
ref
Indiana 111 &
94%
381/4
38%
1951
l__
Chic
and
1st
Illinois
83
J-D
J-J
Cent
Joint
.97% -.101%
5
'/3l.
99%
"50%
111
1st
106
92%'"
"91
100
X: 110%
100%i ,101%
313
98%
99'/4
M-N
3s
1st' gold -3%s
1st gold
Registered
lOOVi? 103%
108% 109%
9.7%
gold
%
J-D
96%
96%
1007/a 100%
M-S
1st
104%
2
101% 102
106
F-A
70
103
101
101
M-N
•
"
_
'104
104
J-J
1950
Gold.. 3 Vis
Springfield Div
99
94
100y4
103
_
MrN
1955
Div
Western-Lines
°4%
"96%
M-N
A-O
i
102
*
1966
Bridge gold 4s_,
St Louis Div & Term
gold
101 'A
95
96%
"f2%
J-D
_________
104'/«
104%
12
lul
94
A-O
J-D
1st 5%S—_1942
,
103%
IOOV'B
M-N
1952
__'_____19R3
Refunding: 5s
Debenture 4%s
102
100%
V101 Vb
A-O
1
-1.1955
3%s—.—__*
*103
not
M-S
Omaha
104 '/a
,
J-J
A-O
Louisville Div & Term gold
3V2S_19Ej3
Div
1st gold 3si___L___1951
-•
11
105% T05'/2
i_
:
lines
trust gold 4s
100
1021,4
J-J
.
gold 4s_i____l__1952
4s__'
Purchased
Collateral
__1951
i
,
trust
Refunding
103%
Litchfield
/'
101% 102%'
J-D
3%S~;-_—__._19ol
1st gold 3V'2S—i___/_1951
3s sterling
_,._195i
Extended
58%
98%' 1021/4
33;
,
—
~"
'
1Q4%
48
'
-
J-J
1978
gold
Collateral
19
'
M-S
gold——.____,L_l952
§ A Deposit
receipts
5A7%s series.A.deposit rcts__l_1946
§A6s s<Jrie<> B
deposit receipts
1946
Telep 2%_s series A..__1981
mtge 3s series B
Central RR—
1st
1071/4
961/2
20/
49
*104%
1972
2%s
98
96
103
93
M-N
Illinois
" 108'A
104
19
.
•'■•__
1963
1st mtge
94
19
106
101%
__
102% 102%
,,105%
A-O
1st 5s
Lt
66%
'•
1st mtge
Hudson Co Gas 1st gold 5s_i:
Hudson & Manhattan 1st 5s A
'
;
Dayton Pr &
'
'
34
*101V4 102
J-D
Gas 2%s—__1968
1st mortgage 3s
_L
Dayton Union Ry 3Vis ser
101%
93
5
12
80
92
101
ll'/a
102%
H
70
102'/a
__
99%
84%
-
97
2-
97
A-O
3s_l
61/2
100%
—
62
—_:_1978
1st mortgage
M
10
62
M-N
1st
65%
—
96%
2%s._____1976
Util
95%
63
95%
Apr
J-J
States
82
91%
96 Va,:
B__/__.Jan 2044
Collateral trust 3%s____
1968
ser
70
•
&
95
mtge inc 4s
13
95
!•
A-O
Hocking Valley Ry 1st 4%S—^_^._1999
Household Finance Corp 2%s
_1970
Hudson Coql 1st s f 5s series
A_^_1962
59%
5
V-."'
1031/4
8
,104%
F-A
1982
series D___.
B———;__1975
ser
82
•
68
56
106'A 107
J-J
__1972
debentures
series
82%
101Va 101%
101 %
98
92%
22
95
*9
A-O
99'/a
88
71
.
"93%
Feb
__1959
Hackensack Water
100
67
103% 104'A
102%
F-A
1977
C
4s
117%
90
84%.
*74.
RR— "
ref 3%s seiis
123%
110.
90%
"87 %
Feb
B
Ohio
112
116
1
90
00
J-J
j.
109
82
'
A-O
1951
B
A_
90
1969
Gen
100 »/2
97
J: 431/4
M-S-
______1978
A
1961
ctfs
93
78
8
106% 1071%
'
M-N
1977
ser
ctfs
deb
1091/4
7
*
R—
ser
West
mtge inc 5s
1st &
Cairo
ser
&
Debentures
"Gen
Co—
ser
2%s
Bay
101
7
119
117% 117 %
N__
mtge
971/2
4
109% 110
86
25
98
'
M-N
—1976
4%s
81%
86
3%s"s'er
-
91
14
66
"103V4 105
Co—
Ry
9714 101%
95
72'A
102%
50'/B
55%
M-S
B
1st
96%
97%
93
104
100
61-
mtge
102Vb
99%
15
80 VB
102
39
6L%
"56
J-D
1969
a
1st
A-O
_____
'
(B:F)
Northern
Gen
106% :
101%
106%
"100'A
103 '/4
mtge/£%s
RR
2
5
A
100
13
102% 102%
1
Gen
106%
*101%
"
,'106%
mtge-2%s
S A
'pi.*.
'
A-O
Consumers Power ,1st mtge 2%s___1975
Continental Baking 3s debs _____1965
Crucible Steel 1st mtge 3%s
1966
.
V [/'•
86%
27
;i02% 102%
102%
M-N
D
Gulf
102
1U2"
V/
A-O
ref
A Cuba
96%
■
A-O
&• ref
Northern jRy
Deposit receipts
inc debs
Greyhound Corp-3s* debs_2_i
80
/
17
*87 »A
1977
&
§ A Cuba
1956
General 5%s series
General 5s series C
105%
71%
102%
F-A
1973
Natural
95 %
M-S
of
conv
Goodrich
r
1021/4
651 :a
1973
1st
3s
99%
100
MrS
Berg. Co cons 5s:
1949
Realty & Utilities Corp—
A Green
91
74
*99
•>Vv''Ur^
V'"
711/2
M-N
Sou
ref
78
:•
J-D
1972
1st
&
86%
1 "95%
•'
1961
Ry & L 1st "Sc ref 4V'2S_
conv
102
24
977,«
M-N
Copn River. Pwr sf 33/4S A____
1961
.Consolidated Cigar Corp 3 ,,/4S_____1965
Consolidated Edison of New York—
1st
—
J-J
-_^__10*1
debentures
2
80
J-J
Ohio El 3Vis
_197o
Columbus & Toledo 1st extl
4s____1955
3s
78
G
100'/a
7
77
*96%
J-J
1991
4s
83
"91
J-D
___1948
.••List & ref mtge 2%s
82%
Gen
100
"
J-D
4V2S (stamped
modll'iedl^i-'-—U1980
Columbia Gas & Elec
3'/es.. debs___1971
Consolidated
Certifica tes. Qf deposit
Francisco Sugar coll trust 6s
105
.
1977
1st mtge 4'As
series C__
Colorado & Southern Ry—
Conn
82 Va
"—/,; 99
:•
-
E
1st mtge 3s series L
1st mtge 3s series N
81
'Gen
100
"107%
J-D
Ry—
101
963i. .97%
F-A
94.
86
M-S
A
94
103% 104 Va
F-A
73%
93.
102
J-D'
107'/2
100
102% 102%
J-J
High
64
"84
M-N
„A4s
101'A. 101%:
103% 1041/4.
.1041/4
Low
93
;'" 94
M-S
1961
94
a
104
J-D
B.._
Commonweajth Edison
mtge 2s ser H_/_r_,_%_1953
1st mtge 31/4S__-_____1971
1959
,A 1st & ref 5s spries A—A__—L-1974
70'%
71%
82%
-•-
102%
1966
mtge 5V2S series A—__
1st mtge 5s series B_:
3 Vis
8'A
102
77
/
f
1st
Columbus &
Div
ser
& Rub 3s debs
tFlorida East Coqst 1st 4V72S,_
Gulf
1969
1st gtd 4 VuS
Terminals Co—
Union
cons
General
61%
IOIV4
--
co c*
'■
J-J
1974
3%s gtd
3'As gtd _V
Cleve Short Line
J-J
75
89
"101
V;
J-J
St
Cleveland
5
-
__
;„•*__
J-D
J-J
Louis Div 1st coll trust
4s___ 1990
Cleveland Electric Ilium 3s
-1970
1st mortgage 3s___——
1982
Cleveland <fc Pittsburgh RR—
Series C
G»._——2000
3%s
cons, mtge
106''
99%
31,
94
"103 %
.
__1961
1st
58%
105% 106
93
J-D
_1993
Div
J-J
Firestone ,Tire
'
106
69
67
.65%
■
7
J-J
G
impt 4%s series
1st,
'1st
__1990
67
A-O
mtge 3Vis ser F_
93
113
Apr
1978
gold 4s__—
General
J-J
55'A
88'A
62 Vb
J-J
.
gtd 33'sS series E_
2%s
Louis
Jan 2015
A.
ser
General
4s-__1952
City Ice & Fuel 2%s debs
City Investing Co 4s debs
'•
8
91%
1963
1st mtge
St
80
10
60
1963
1st
<te
' 66
90%
55%
22
,
91 Va
*
1st mortgage 2,%s___'___
Cincinnati Union Terminal—
Chic
76 Va
60
J-J
66%
January t
High
=
120'/a
79
5
.
91%
M-S
General
99
11
A-O
Cin
80
Apr'
Cine Gas &. Elec 1st
mtge 2%s____1975
Cleve
71%
'
111
J-J
1994
4'As series D_
ser
51%
80
56 %
Range Since
100 3A
„
•101% 101%
._1962
mtge
34
93
57
1994
G__
ser
91
74
84%
4%s
inc
mtge 3%s ser E_u__-_V/1964
Great
5s___1951
3%s series F
West'n
93 '
51%
Apr
Range
Friday's
or
Bid & Asked
109'/2,112
28
51%
71
Last
Sale Price
Gen
New Orleans
mtge 2%s
&
7
21,
92%
Apr
1994
2%-4'As___.___
1st mtge
Period
cons-
112'.
108
51%
Ry—
Income 2%-4'AS—-V
Chicago Union Station—
1st
23
48%
66
vInterest
-t
cons
11st
Ohio
93
'
1st-
mtge
Gas & Elec
A.Jan 2019
ser
66
Gen
110%
/
75%
76%
J-J
Gold 3 %s, ______
l
21951
Memphis Div 1st gold 4s
1951
Chic Terre Haute &
S'eastern Ry—
1st <fc ref M
Chic
;
.••/■'
___
4%s
conv
L
J
•
,
Low
106
1171/4-
:
84
J-J
1989
Pacific
mtge 4s scrips A_
mtge
't. *
J-J
1 1999
>B-___._
Chicago Rock Island
97,"
*118% 120
•
Week's
Friday
BONDS.
New, York. Stock Exchange
130
'.104%.
109%
99
"75
-—
J-J
.
95
115
95
•
High
119.1/2
54
47%
471/2
Louisville Ry—
4s
North
mtge
T
7
118
94-'/2
>9
Erie Railroad Co—
22
98'2
/
J-J
_Jan 1 2Q38
Low
,
1101/41101/2
__
M-N
series A___1988
NO.
,
1097a now
94'/2
M-N
Jan 1 2044
Chicago &
AGen
1101/2 :.
F-A
J-J
1st mtge 4s ser-A____„
___x1994
Gen mtge 4%s inc
ser A__Jan 1
2019
4V28 conv inc ser B
1st
110V4
F-A
inc ser A
Jan 1983
A2d mtge 4'As Ihc ser
A___.Jan 2003
Chicago Indiana 8i Southern
4s___1956
Chic Milw St Paul & Pac
RR—
2nd
J-J
OCTOBER
January 1
97%
.
ENDED
Range Since
120-
1982
mtge 4%s
97
J-J
_____1985
5s_
Bonds
98
"115
F-A
.
1997
B—__
ser
Chicago & Erie 1st gold
Chicago Gt, West. 1st 4s
A 1st
97
WEEK
{Sold
HM.y
95.,
J-J
Eastern 111 RR—
mtge
AGen
95
F-A
.
41/2S series
*_1977
1st & ref mtgeS'/eS:
____1985
1st & ref mtge
2%s—-1970
&
Friday's*-*.
119''2 U9V2
M-N
ref
Chicago
or
FOR
.
Bid & Asked,
M-S
Chicago Burlington &
Quincy RR—
General 4s
■—Ii___L_______L___1958
1st
Sale Price
1992
Ret & Impt'M 3Vas
series D____19D6
Ref & impt
M.'3%s series E
1996
R & A
Div 1st cons gold 4s
1989
2d
Last
Period
-
Low^
Chesapeake & Ohio Ry—General gold 4%s___
>
Week's Range
«
M-S
„
1975
94%
Deo
"
108% noy4
"
J-D
*1
89
Va
94V'2
76
90 V*
91
96
96%
"100
102
111 Va
18
100%
88 y4
98
82%
2
92
90.
81%
92
90
98 V'a
:
,
1970
Lehigh Valley Coal Co—. ••
• S
5s stamped
,1954
5s stamped
V
__1964
5s stamped
__1974
Lehigh Yal Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s,ext.l950
•
J-D
;
A-O
6
.
110
-
'.149
102 4
"104%. 105 Y2
''"104.%*''_i
,
141
"104
*
112%
156,%
1053/4
101% 106%
100
105%
,
TTTrrsrfemvssr
—
rrr
—•
rrrzsszax
«r
F-A
r
F-A
F-A
;
Jrj
100
96
93%
5
84
99 %
99%
3
82%
95
68
F-A
'n1 rrrt
95
93%
92%
.
68
68%
12
60
71%
*70
73%
67
75
/
_
>!
28
(1820)
NEW YORK BOND RECORD
RANtfE FOR WEEK ENDED OCTOBER 29
Friday
BONDS
Week's Range
or Friday's
Interest
Last
Period
New York Stock Exchange
Sale Price
Bid & Asked
January 1
Low
39 Vi
224
27
37%
37%
2
39%
38%
41%
42%
121
40
40
45%
46 Vi
10'
72
73
25
A-O
120
120
3
120
A-O
107% 108%
M-N
.2003
M-N
__2003
38 V4
M-N
______2003
Af-N
_
..2003
-
__
A-O
72
MS
'"100%
F-A
*108
A-O
1966
111%
107
34
M
107Vi 107Vi
2
2d
1
101 ,V
102%
Ref
110%
1980
105%
108%
Macy (R H) & Co 2%s debs
1972
M-N
Maine Central RR 4 Vis ser A
1st mtge & con 4s ser B
i960"
J-D
1954
J-D
101%
80
77
89%
93
93
87
80
Af-N
93
92%
108%
'102
84
'
*105
High
109 %
85%
31
115
49
12
85
127% 127%
■•
M-S
L010
106%
G
■
127
129
109%
116
105
108
«...
--
—
103 %
103
.
103%
107%
99
63
103
Q-J
Q-F
Q-A
63%
62 Va
63%
62
61
60%
60%
60%
1
60
J-J
88
88
88%
7
87 Vi
J-J
95%
95 Vi
96
15
92
100
J-J
95
95
96%
20
92%
100%
101% 101%
136
99%
104%
2047
2047
2047
2047
":S\■
'
96%
*99
.
68
v
65%
94%
102%
Coll
-1975
M-S
101%
States Power Co—
Northern
1974
1975
1978
1977
1st mtge 2%s
(Minn)
MS
..1955
107%
.1997
.
Ref
102
107
Range Since
January 1
Sold
NO.
High
Jan 12047
lien 3s__
registered
& impt 4Vis series A
& impt 5s series C__—
& impt 5s series D
trust 4Vis"_
Ref
91
A-O
gold 3s
&
M-S
s
85
A-O
1997
4s—
registered
3s
100%
28
A-O
107
Bonds
Friday's
or
Bid & Asked
Pacific Railway-
1st
3%s series P
Cine Div 4s
Atl Knox
4s
107%
—
108Vi
ref 4Vis series A
lien
General
Louisville. & Nashville RR—
1st & ref
Prior
—.2014
4s_1996
1974
1
1001/8
101 Vi 101%
A-O
St Louis Div
121%
M-S
—1974
'
MS
2003
1st & ref M 2 %s series G_„—2003
Northern
100 %
12
100% 1005S
100%
M-S
1978
Gen &
78
/ 99%
MS
1963
Louisville Gas & Elec 3 Vis
1st & ref mtge 3s
47
107%
MS
1951
Lorillard (P) Co deb 5s
3s debentures
29%
67
6%
1966
3%s
Co—
Power
AGen mtge 5s conv inc
Norfolk & Western Ry 1st gold
Northern Central gen & ref 5s
42%
40
18
—1949
Falls
Norfolk Southern Ry
36%
5
J-D
—1949
.
.___
Sale Price
Low
30
107
—1949
Guaranteed ref gold 4s
26%
.
M-N
ALombard Electric 7s series A—.1952
Long Island unified 4s_:.__
42
Af-N
Lehigh Valley Terminal Ry ext 5s^l951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s___... 1951
Little Miami gen 4s series A_.
1962
Last
Period
High
38 Vi
'
New York Stock Exchange"
,
Niagara
4s registered
Vis stamped modified4Vis registered
5s stamped modified
stamped
No.
2003
4
4s
High
Interest
BONDS
Range Since
Sold
Low
Lehigh Valley RR—
4s stamped modified
Week's Range
Friday
Bonds
,
mtge 2%s
1st
mtge 3s
1st mtge 2%s
(Wise)
F-A
99
97%
A-O
85%
96%
27
*—
101 Va
—-i
*98
J-J
95%
101%
•
95 Va
'
99
'
-i.
'
A-O
95%
98
96%
111
M
Manati Sugar 4s sink fund—Feb 11957
(Southern Lines) 4s___ 1959
May Dept Stores 2%s debs_
__1972
Mead Corp 1st mtge 3s__________1966
Metropolitan Edison 1st mtge 2%s_l974
Metrop Wat Sew & Drain 5Vis
1950
Michigan Central-
J-J
Jack Lans & Sag 3 Vi s
1st gold 3 Vis
Ref
&
98%
98
"100%
83
100%
__
"101%
Af-N
J-J
99
__
83
83
13
MS
MS
"101
A-O
"56 V4
Minnesota Mining & Mfg 2%s
1967
Minn St Paul & Sault Ste Marie—
1st mtge 4Vis inc ser A
_Jan 1971
A-O
99%
103%
96
100%
101%
102%
58
51
99%
98%
84%
J-J
80
6
"95
Jan 1991
J-J
54
53
73%
72%
100
101%
66
101%
lien
40-year
Prior
lien
a Cum
series
5s
4s
series
4Vis
A
1962
Pacific
J-J
78
76%
49 Vi
57%
68%
79
65%
64
71%
84%
61
69
65%
J-J
66
66
61%
71%
47
80
66
A-O
73%
70%
7
78
J-J
1978
series D
adjust 5s series A
tMissouri
731/4
Jan 1967
21
1
86
Vi
a
1st & ref 5s series A
.1965
F-A
89%
87
89%
26
71%
89%
a
General
-1975
M-S
47 %
46%
48%
920
30%
50%
a
1st
&
ref
5s
series
P
1977
M-S
89%
86%
89%
393
71%
A 1st
&
ref
5s
series
G
_1978
M-N
89%
87%
89%
45
AConv
4s
gold 5 Vis
&
ref
A 1st
&
ref 5s series
gold 5s
89%
30%
M-N
28%
30
1,268
18%
H.__ -1980
A-O
89%
87%
89%
141
71%
89%
-1981
F-A
89%
87
89%
336
71%
89%
,_1991
M-S
67
67
5
61%
-1966
F-A
102% 103
21
101%
-1958
M-N
1949
series
I
Moh'k &"Malone 1st gtd gold 4s
Monongahela Ry 3 Vis series B
Morrell (John) & Co 3s debs
Morris
& Essex 1st gtd 3Vis
-2000
Constr M 5s series A
-1955
Constr M 4Vis series B
-1955
Mountain States Tel & Tel 2%s__
-1986
3Vis
89%
72
29 Vi
A
ser
A 1st
•
99 Vi
"101
M-N
•
•
49
54%
11
68%
83%
75
54
64%
75
91
1
88%
93%
100 %
104%
1
100% 100%
100%
A-O
58%
80
91
74%
M-N
60%
57%
74
——
M-N
68%
104
102%
78%
57%
J-D
debentures
1st & ref 3Vis series I
1966
1st & ref 3s series J
Chattanooga & St Louis—
1st mtge 3s ser B
__1986
National Dairy Products 2%s debs_1970
3s debentures
1970
National Steel Corp 1st mtge 3s
1965
National Supply 2%s debs
1967
J-D
Naugautuck RR 1st gold 4s
1954
M-N
5s
1948
J-D
England Tel & Tel 5s A
_1952
J-D'
1961
M-N
1982
A-O
1988
J-J
New
cons
1st gtd 4 Vis series
3s debentures
B__^
____
F-A
A-O
*96%
RR
gtd
1st 4s
1986
Ref & Imp 4Vis series A
—
■
*
99% 100%
A-O
a 1st
a
4 Vis
series
5Vis
of
series
Certificates
92%
91%
92
102
103%
——
99%
102%
98
,1
101
102%
107%
100%
16
104
81
10
92
92
92
94%
87%
87%
F-A
1956
90%
78%
2
93%
84%
—
92 %
80
6
—
_
102
1
__
102 % 103%
deposit.
D
99%
12
80%'
F-A
1956
of
Certificates
a 1st
a
C
—
99%
*104%
•
series
—
99%
103 Vi
5s
<
102
--
99%
J-J
Certificates
105%
118%
102
J-J
A
102%
101%
115%
*99% 102
_1952
A 1st
100%
-
13
—
1st gtd 4s
1953
tNew Orleans Texas & Mexico Ry—
a 1st 5s series B
1954
A Certificates of
deposit
New Orleans Term
101
116 % 116%
■
M-S
J-J
100 '/a
23
;99%
.j
99
101% 102%
>
F-A
New Jersey Power & Light 3s
1974
New Orleans Great Nor 5s
A______1983
New Orleans & Northeastern RR—%%"/■
96%
__
*100Vo
101%
;
105
97 %
*101%
;;
100%
103%
102%
19
102% 104%
103%
91%
97
102
24
97%
*101% 102%
-
Bell Telephone 3 Vis
N J Junction
97%
97%
84%
88%
*__
J-D
3-D
•
New Jersey
92%
deposit
of
96%
A-O
1954
deposit
97
35
85
97%
95%
A
95%
10
84%
96%
63
66%
70%
73
84
New York Central RR Co—
Cons
Ref
4s
&
series
641/4
64%
66
174
.2013
A-O
66%
68%
691/4
183
2013
A-O
76%
75%
76%
87
86%
23
1998
impt 4Vis series A
impt 5s series C_.____
Ref &
F-A
A____
N Y Central & Hudson River RR—
General
mtge 3%s____
registered
3Vis
Lake
1997
Shore
coll gold 3%s______1998
registered
____1998
Mich Cent coll gold 3Vis
1998
3 Vis registered
1998
3 Vis
New York
mtge 3s
ser
100 % 101
L
1974
J-D
1st & ref 3s series M
1979
J-D
Y
Lack
4Vis
N
&
West
series
1st
ref 3s series
&
ref 3s series N
1st &
1st
1st
*79
<
64%
64%
*61
F-A
F-A
62%
F-A
4s
&
A-O
debentures
—.—1978
M-S
102
Paducah
& 111
4s
series E trust ctfs
*60
79%
6
63
General
4Vis
General
5s
General
4Vis
Gen
Gen
mtge
103
99
103
99%
12
91%
96%
94%
3
*104%
101
10
A-O
46
49
173
48
M-N
J-D
A-O
A-O
103%
6
103 Vi 103%
104 3'a
106
%
104
100%
102%,
49
35:
102%
106%
102 Vi
103%
98 Vi-
98%
27
97%
101%
99%
99%
3
97%
100%
*102%
__
99%
113% 113%
4
103%
103% 104%
80
J-D
108%
108% 109
18
104 V
1981
A-O
99%
2
107%
111%
98 %
99
42
94
1984
J-J
99%
98%
99%
49
94
103 %
1952
A-O
99%
97%
99%
167
97%
100%
series F_
1985
J-J
84
84
84
7
78%
89%
ext
1960
A-O
63 Va
27
59%
D
3 Vis
99
*104%
M-S
Phila Bait
117
112
F-A
J-D
1968
F-A
4s
Ry 3%s ser D
1980
97%
97%
14 %
103
103%
68
25%
106
103%
128
97%
1
113Vi
118
105
98
110
104 Vi
108%
& Wash RR Co-
1974
5s
General
gold 4 %s series C
Philadelphia Co coll tr 4%s
F-A
1977
1961
series B
General
J-J
113% 113%
'110
104 %
J-J
104 V4 105%
30
Philadelphia Electric Co—
1st
_1971
ref 2%$
&
ref 2%s__;—
1st &
.—1967
1st &.,ref 2%s_J.^.i—«..^-^w«1974'
1981
2%s
1st &
ref
1st
ref 2%s_
&
—1978
J-D
98
98%
7
98
100%
M-N
98 Vi
99
8
98Va
102
M-N
97%
97%
7
97
100
"97
F-A
9%
:'8%
Phillips Petroleum 2%s debs
Pittsburg Bessemer & L Erie 2%s
Pgh Cine Chic & St Louis Ry—
...Cons gtd 4s series F
Cons gtd 4s series G_.
Cons gtd 4s series H
Cons gtd 4%s series I
Cons gtd 4 Vis series J
Pgh Cine Chic & St Louis RR—
Gen mtge 5s series A
Gen mtge 5s series B
1964
1996
V-A
27
J-D
*__
series E
mtge 3%s
Pittsb Coke & Chem 1st mtge
102
99
8%
96'%
1953
1957
1960
1963
1964
J-D
"162V2
M-N
*105%
F-A
*103%
F-A
*113%
M-N
*110
1970
1975
1975
J-D
106% 106%
A-O
106
3,%s_1964
Pittsburgh Consolidation Coal—
3 Vis debentures
———1965
Pittsburgh Steel 1st mtge 4%s
Pittsburgh & West Virginia Ry—
1st mtge 4%s series A
1st mtge 4Vis series B—
1st mtge 4Vis series C
100%
94%
100% 100%
Gen
9%
10
J-J
—
101%
24
10
1937
99%
98%
99%
_
10
96 3 a
98
<«
J-D
t§APhilippine Ry 1st s f 4s_
ACertificates of deposit
102
106%
110%
113%
__
__
109
106%
111
9
103
110%
20
103
110%
84%
*99
11%
-
__
A-O
M-N
13%
89%
100
99%
103'A
J-J
100%
100% 101
25
100%
103%
1958
A-O
101
101
101
2
100%
103%
1958
1959
1960
J-D
92%
93
7
79 %
93
A-O
92%
93
4
81%
93
A-O
92%
93
17
79 Vi
93
65%
Pitts Youngstown &
68
1st gen
64
1st gen
Ashtabula Ry—
5s series B__
.—1962
5s series C
1974
4%s series D
—1977
Co 5%s
Potomac
F-A
103
96%
101
M-N
J-J
98
100
Elec
inc debs
Pwr
1964
1st mtge 3 %s—1966
108
F-A
J-J
*106
F-A
*__
J-J
*99 Va
1956
M-S
100
74
74
5
70 Vi
77
1st &
80%
81%
11
76%
85
1st
69%
69
71%
262
60%
46%
48%
826
1968
1964
*98
M-N
J-J
101%
106 %
__
100
*106
J-J
1972
2037
2037
105
109
107
90
90
105%
108%
101%
103% 103%
105'A
75%
461/4
99%
*100%
J-J
1977
1983
1st &
117
J-D
1st mortgage 3 %s_—
1st mortgage 3s__^
Public Service Elec & Gas 3%s
108
108
J-D
Providence Terminal 4s—
*103
100
98%
94
98%
102
104
'
101
19
Pittston
101
—
17
65
91
100
—
99 Vi
102%
63 Va
97%
•
98
94
91%
*16%
91
101
9
1965
series E
Eastern 4s
&
91
93
93
J-J
*100
M-N
74
M-N
97
100%
31
;V
*102% 103
98%
June 1992
M-S
12%
12%
13%
230
J-D
5%
5%
61/4
54
96%
18
M-S
A-O
1st cons gtd 4s
Gas 2%s__
_1993
J-J
5s___.
N Y Telephone 2%s ser D
Ref mtge 3%s ser E____
For footnotes see page
1943
..1982
1978
series F_____
29.
95%
68%
J-J
1963
1st 3Vis
1977
JN Y Susquehanna & Western RR—
§Alst refunding 5s
1937
§ A 2d gold 4%s__—_—
1937
§AGeneral gold 5s_____
.1940
Ref mtge 3s
98%
Apr
Peoria
82%
N Y Power & Light 1st mtge 2%s__1975
gold
49
99
1960
A
B
series
mtge 4%s
deb 3Vis
57%
______1955
1st
99%
95%
98 Vi
M-S
1965
series
series
Conv
81%
N Y & Putnam
SATerminal
103%
4
102
J-J
1975
Pennsylvania RR—
Cons sinking fund 4%s
9
__—..1954
4s
N Y Steam Corp
98%
ref mtge
ref mtge
&
ref
mtge
3s—
5s
8s
142
*210
J-D
220
145
210
143 % 143 %
J-J
216%
52%
Chester—
__—
N Y State Elec &
53
96%
D
A-O
1960
1st mtge 3s
3s s f debentures
4
May
99%
Pennsylvania Power & Light Co—
60
7
~
104
104%
100
69%
61
63
61%
82 Vi
62
81%
65 Vi
88%
76
100%
95 3i
96%
J-D
1952
Pennsylvania Glass Sand 3%s
14
J-J
debentures—1960
income
conv
Gtd 4s
90%
2007
f gold 4%s—1955
s
23
RR—
JAN Y Ont & West ref 4s
A General
97%
Pennsylvania Co—
2043
Port
98%
Pennsylvania-Central Airlines—
88%
4s ser A
&
1st
Paterson & Passaic G & E cons 5s.l949
93%
mtge conv inc 4Vis ser A-2022
River
2%s debs
Tel
&
•
94%
99
2000
Hartford
102
91%
1987
90 Vi
M-N
J-D
99
♦
debentures
88%
1973
J-D
debentures
Tel
A-O
__2043
98%
J-D
2%s
Pacific
J-D
A
98%
99%
1980
1985
1986
1951
series
Q
1st & ref 2%s series
A-O
1973
1st & ref mtge
AGen
85%
85%
J-J
F-A
1977
1981
series P
ref 2%s
&
1975
B
Y New Haven
Harlem
J-J
5
100% 100%
J-D
1986
ser B
108 %
93%
.
J-D
1971
1980
E
Connecting RR 2%s
N Y Dock 1st gold 4s_^
N Y & Harlem gold 3Vis
Mtge 4s series A
Mtge 4s series B_
*
106
98%
J-D
1970
ref 3s
1st gen
F
ser
N Y
N
76
Chicago & St Louis—
Ref mtge 3 Vis
1st
,
/•
_1997
105
Pere Marquette
N
Gas
93%
103 Vi
Apr 1990
Peoria & Pekin Union Ry 5Vis
1974
Nashville
Consol
2
83
series K
1st &
A Income
Newark
94%
103'A 103%
3
68
"V
Pacific Gas Sc Electric Co—
A3Vis
Co—
RR
94%
103%
3Vis
93%
28
73%
.1962
B
94 Vi
F-A
A-O
3Vis
84%
142
54
J-D
87%
106%
3
85
1990
100%
102%
Missouri-Kansas-Texas RR—
Prior
18%
99%
94 Vi
94%
101
M-S
_
1975
& Electric 2%s
Gas
19
10
11
17%
98%
17%
A-O
101
98%
J-J
M-S
1021/4
98%
.
Oregon-Washington RR 3s ser A—1960
Oklahoma
98%
103% 104
A_
94%
15
102Vi
"97 Vi
MS
ser
70
"100% 101V4
"102
Michigan Cons Gas 1st mtge 3Vis_1969
1st mtge 2% s
_i969
1st mtge 3%s_——
1969
t§AMidland of N J 1st ext 5s
1940
AGen mtge 4s inc
91%
70
94%
JOgdensburg & Lake Champlain Ry—S A 1st guaranteed 4s
1948
1st mtge 3s
1974
1st mtge 2%s
:
1975
Ohio Edison
A-O
1979
Mo Kansas & Texas 1st 4s__.
75%
98
84%
70
94%
Af-N
1952
._
_2
86 %
86%
J-D
1951
impt 4Vis series C
8
99
*__
Af-N
101%
67
94%
73%
73
"96%
M-N
Manila RR
97%
98%
"98
73
_^_1981
*98
106
69
7%
3
95%
4
60%
101%
105% 106
97
23
105
1
32
103
13%
Quaker Oats 2%s deb
Reading Co 1st & ref 3%s ser D_. .1995
M-N
.1960
M-N
52%
40
Gen
.1977
mtge 4 Vis series D_
—
mtge 3%s series H—— .1967
.1967
mtge 3 Vis series I__.
.1969
Gen mtge 3%s series J—
.1949
t A Rut-Canadian 4s stamped
t§ A Rutland RR 4%s stamped.-,. .1941
M-S
Gen
20%
1
12%
29
77%
10
73%
78%
J-J
93%
93%
94%
10
93%
98%
101% 101%
1
101%
F-A
J-J
99%
.
99%
30
99%
1
;
99%
'
j
100%
8
83 Vi
93%
101
102%
107%
108%
107 %
*102
M-S
20%
76%
-
«...
M-S
Gen
20%
78%
40
87%
98%
107 %
104
106
Rochester
M-N
*__
87
20
R
69
97
107%
Revere
42%
99%
98%
J-J
F-A
F-A
42%
99 %
7%
105
101%.
Copper & Brass 3%s
Gas & Elec Corp—*
M-S
'
*__
__
123%
—
*106
__
104% 104%
13
J-J
J-J
*107%
—
14
13
14
15%
7
3
7V'a
13
25
7Vi
15%
Number 4747
Volume 168
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1821)
20
NEW YORK BOND RECORD
RANGE
Friday
Interest
Last
Period
BONDS
New York Stock Exchange
FOR WEEK
ENDED OCTOBER 29
Week's Range
Sale Price
or
Low
Bonds
Range Since
Sold
January 1
.
High
Low
No.
BONDS
1971
1996
J-J
1996
A-O
2d
Adir
<fe
1st
gold 5s
gold 6s
St L Rocky Mt & P 5s stamped
St Louis-San Francisco Ry Co—
M-S
1955
J-J
Pacific
Louis-Southwestern
1st
4s
2d
bond
4s
inc
Gen &
St
Paul
ref
Scioto V
cons
1st
104%
1990
86 %
J-J
99%
Shell
(Jos
Union
E)
Oil
Sons
&
2V2s
1996
J-J
3s
&
Nor
Ala
Bell
RR
Tel
(Oregon Lines)
92y4
J-J
J-J
98%
25
92%
Ry
43
91%
98%
10
98%
93
7
91%
Devel
&
gen
2
951/2
105
105%
105%,
"104
M-S
96%
•101%
81 VB
81%
81 VB
1
78%
99% 100%
100
92%
M-S
A-O
M-S
78
M-N
91
91'A
92 Vb
78
84%
100
85%
85%
7
79
79%
10
J-D
J-J
J-J
112%
961/4
87
A-O
95%
1956
A-O
108 %
108 »/4 108%
::;V7V
1956
A-O
HI'/a
111% 112%
13
J-J
.
102%
A-O
M-N
—
ASpokane Internat 1st gold 4y2s__2013
M-N
Standard
Oil
'
Apr
Oil
2%s
debs__^1966
deb 23/8s
...1971
Sunray Oil Corp 2%s debs
2%s debs
debentures
101%
F-A
1966
94
y2
101 %
M-N
92%
92 V4
93
41
92 %
100V2
100
75%
85
90%
100
West
—
97
5
94
92
8
85
97%
4
103
107%
Va
99%
Va
(subordinated)—
105 % 105-%
105%
F-A
47%
1
54 %
54%
100
*98
—
—
55%
101
\:.V 98
100%
92%
106%
3-D
J-3
*107 % 1073/4
107%
107
107
7
109
105%
*106% 107%
3-D
1966
gtd
series I
107%
106%
109
69%
64%
65%
48
59
2361
M-S
64%
11
57%
A-O
100
100
100%
115
May
101
Shore
1st
4s
guaranteed——2361
Western
Union
Funding
&
M-N
5s_.—1951
M-S
4V2s
&
<:
99%
1033A
95
102
86
80%
33
99%
88%
j-J
1971
debentures
%
88
90 %
100% 100%
1951
2%s
55
101% 102
89%
M-S
1973
Mfg
101%
j-J
1960
debentures
2.65s conv
100y2
estate
1950
Westinghouse El
2%s
5
68
101,
Telegraph Co—
real
25-year gold
30-year 5s
96%
101
101% 102
67 Vb
101%
97
J-J
102
94%
101%
10
96%
99%
8
'335
100 Vt
102%
101%
103%
94 %'
95 "a
7
96
96%
96-%
101% 102 3
98%
100'/a
_1950
—1967
stpd
64
100
97
95%
5s
3%s
Power 3%s
Registered
102%
96%
Ltg
mtge
64%
57%
"991/4 100%
M-N
M-N
96%
97
90%
M-N
6
64
105%
46i/2
35
95
M-S
97%
102%
93%
96%
Apr
G & W 2%s debs. 1966
debentures 3%s_ 1976
82
82
83%
74
81%
*80%
Western Maryland 1st mtge 4s
1952
Western Pacific 4V2s inc A
Jan 2014
104%
*97
Apr
Apr
conv
debs
Gen
109
9
%
Baking Co—
West Penn
113%
2
aa
109
11
F-A
110
108%
931/4
52%
93%
J-J
_1973
105
"*• 103
52%
100
96
Westchester
98
102%
101 y2 10iy2
99 Va
96
A-O
■
J-J
—1972
Co
521/4
104V'a
104 % 104 %.
96
1970
94%
3
94%
1
*99 % 101
—
104
RR 1st ref gtd gold 3%s__ 2000
Washington Terminal 2%s ser A— 1970
120
103%
94
H2%
89%
22
102% 103
94'/4
103
107 %
A-O
Warren
84%
91%
"106'A
J-J
Standard
95%
(Hiram)
5%s
102
112
1956
series A_*__,
6V2s series A___
6s
Ward
95%
76%
17
101 %
49
RR Co—
Walworth Co
99
90
112
94 VB
108;% 109 %
108%
2
'
104
80
"92y8
112
99%
96%
W
84%
87%
J-J
—
J-J
Gen mtge 4s inc series A
_Jan 1981
Gen mtge inc 4y4S series B—Jan 1991
1st mtge 3%s series B„
,1 1971
Walker
J-J
—
—
*105
—
1958
5s.
cons
Wabash
991/8
95%
Memphis Div 1st gold 5s
1996
St Louis Div 1st gold 4s
—1951
Southwestern Bell Tel 2%s debs
1985
3'/eS debentures
—1983
&
105
F-A
M-N
1995
96%
96%
94%
1961
&
(N Jj
97
2003
102%
96%
95%
_1994
5s
cons
of'Calif
97%,
79
124
M-N
1996
Devel
gen
93%
82
96
122
__
M-S
.1986
gold
gen 4s series A
&
94»4
*80 Va
101%
1969
series E
1st
"94%
56i/8
971/4
_1977
1st mtg 3%s ser A-1975
RR Co—
94
A-O
.1949
1st
96%
281/B
2
-iu
100 %
87%
M-S
1978
i
A
95
.1975
97
93
■'
'
99
90y4
1957
74%
93%
98%
■'•
96
11
.1955
102%
92i/2
94
"121%
F-A
1994
1st mtge 2%s series F
1st mtge 2%s series G
27/8s
98%
61%
Pacific
Southern
Swift
25
134
74%
35
J-J
12
90%
1959
127
94%
93%
92%
21
97%
1967
—
102%
1981
1st mtge 27/«s
Devel
73
A-O
88 y4
97%
90 %
,
65%
127
100
J-D
M-N
109
100
__
99% 100%
93%
102%
Virginia Electric & Power Co—
100
1987
__.
San Fr Term
debentures
93
"31
1979
4y2s
Southern
2%s
103
F-A
1963
debentures
/
Southern Indiana Ry 2%s_____
Southern Pacific Co—
Gold
98%
80%
J-J
1985
4%s
87%
Co—
2%s
1st 41/2s
51%
12
89%
"93%
A-O
1976
Tel
debentures.
Gold
329
1
1965
debentures
2%s
73
J-D
1971
gtd 5s
&
98
88%
97%
1963
99%
J-J
1966
i
98
A-O
C
series
High
96%
10
89%
35
*100%
Jan 2016
debs
F-A
M-S
100
80
"127
tSASilesian-Amer Corp coll tr 7s_. 1941
South
77
86%
A-O
2y2s
85
99% 100%
M-N
Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s
Southern
*
1971
1st mtge 4s series A__—
AGen mtge 4%s series A
1976
2y2s
;January 1
L010
98
1991
mtge
Range Since
Sold
No.
'
J-D
Seaboard Air Line RR Co—
Seagram
61 %
_1989
gtd 4s
1
debentures
Ref
79»/8
98%
98 y2
84%
62%
104% 105
J-J
gold 4s_1968
Dept 3y8s B
N E
&
01%
M-N
—Nov 1989
gold 5s series A
Union
98 y2
/
Bonds
High
United Biscuit 2%s debs—_——1966
U S Rubber 2%s debs—_———1976
100%
75%
84 %
84 Ya
May
1989
ctfs
St Paul & Duluth 1st
96
70
Ry—
certificates
bond
10
80
RR—
Range
Friday's
or
Bid & Asked
Low
Universal Pictures 3%s debs
1st
St
97%
"'77% 109
J -J
mtge 4s series A
1997
A2nd mtge inc 4%s ser A___Jan 2022
97%
*70
Period
:
Last
Sale Price
High
2%s
Saguenay Power 3s series A
Interest
"
New York Stock Exchange
Union
St Lawr
Week's
Friday
Friday's
Bid & Asked
Wheeling & Lake Erie RR 4s
—1949
Gen & ref M 2%s series A
1992
j-d
Wheeling Steel 3%s series C
1970
M-S
1967
j-j
96
7
1958
A-O
101 % 102
11
lOlVa
103 Va
1960
j-j
113% 113%
10
111'A
113%
1949
j-j
1st
Ref
<fe
Ref
imp M 4s series C
<te
imp 27/0s series
Texas Corp 3s deb.;
Texas
&
New
Orleans
2019
3y4s
series
B_.
1st &
ref
M
3%s
series
C
Pacific
1st
gold
_1970
Term
RR
Ave
of
___1990
103%
114%
__
97
22
J-D
39%
122%
J-J
3%s__1974
1st ref 4s
101
90%'
*102 Va
88%
121%
127%
67
94%
99
—
70
73
284
67
43
42%
45%
492
37%
J-D
M-S
100% 100%
Tri-Continental Corp 27/8s debs
M-S
"97%
1961
*100%
Electric
Wisconsin
Public
Electric
of
Co
Union
Oil
2%s
of
Mo
3%s
_1971
trust 2%s
Yonkers
99
a
-
76
deb—
3s
debentures
105%
102%
J-D
98%
132
64
77
75 Va
4
70
75
41 %
44%
203
19V'4
44%
40 %
30
deposit
2%s
1976
j-b
Service
3%s
1971
j-j
2%s
1976
J-J
93%
93%
"104 Va
23
93 7 s
96Va
93
105
103
.__
Elec Lt
Deferred
&
Power
92%
94
delivery
sale
included
not
in
the
in the year's range,
n Under-the-rule
included in the year's range,
y Ex-coupon.
109%
impaired
by
year's
sale
not
maturity.
range,
included
"
101%
101
103%
"Friday's bid and asked prices;
101
ABonds
96
36
6
99
94
d Ex-interest,
e Odd-lot sale not
in the year's range, r Cash sale
101
102% 103
98%
76 Va
75
M-N
tfCompanies reported as being in bankruptcy, receivership, or reorganized under Section
Bankruptcy Act, or securities assumed by such companies.
10
101 y3
J-J
1970
8
96%
M-N
—1967
—
96 y2
73 Va
44
j-j
1936
Power
§Negotiability
105% 105%
A-O
1968
Calif
not
M-N
—1975
100 %
100 V4
.
.
included
1st mtge & coll
3s debentures
94
101%
95
U
Union
Va
85
101
100%
98%
4s_
93
6*%
97%
__
1st
Ry—:
__
100
94%
102
71
A-O
income 5s
-Jan 1960
Tol & Ohio Cent ref & impt 3%s__1960
Trenton Gas & Elec 1st gold 5s
1949
B
Wisconsin
102
J-J
AAdj
S
Central
A Certificates of
98 %
3
D__—
mortgage 3s^
A Certificates
of deposit.
§ ASu & Du div & term 1st 4s
100%
92%
1st
§Alst general 4s
106
6
101%
XWisconsin
101
103 y2
7
122% 122%
101
J-D
1960
95
Co
&
Winston-Salem
116%
97
103% 104
95
A-O
2000
5s_;
Orleans
New
Ry
;
*—
A-O
Gen & ref M 37/8s series E—_„—1985
Texas Pacific-Missouri Pacific—
Third
*115
M-N
—1965
M
&
A-O
RR—
ref
Texas
J-J
1985
D
1st &
mtge 3V4S series
Wilson
Terminal RR Assn of St Louis—
"100?, I
M-N
100
96%
the
selling
no
flat.
,
77 of
during current week.
sales being transacted
.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
in
and
the
deferred
week
in
delivery sales
which
they
disregarded in the week's
are
No
occur.
account
is
taken
of
AND
YEARLY
RECORD
unless they are the only transactions of the
sales in computing
the range for the year.
range
such
week, and when selling outside the regular weekly
range
are
shown
In the
following extensive list we furnish a complete record of the transactions on the New York Curb
Exchange for the week beginning on Saturday,
Oct. 23, and ending the current
Friday, Oct. 29. It is compiled from daily 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.
RANGE
Friday
STOCKS—
New York Curb
Range
Sale Price
Par
ACF-Brill
Motors
Acme
Aluminum
Acme
Wire
Adam
Co
Hat
warrants
Inc
Ainsworth
Mfg
Associates
Air
Air-Way
Stores
(N
preferred
Alabama
Great
Southern
Alabama
Power
4.20%
Alaska
Alles
Airlines
&
Allied
Allied
Fisher
Inc
Bros
Aluminum
$3.75
Aluminum
Aluminum
Aluminum
American
American
For
Co
of
Goods
combon
Car
Beverage
footnotes
Co
j..
class A
common
see
page
33.
Class
Cities
Power
&
1
7%
Apr
American
Fork
&
Hoe
1%
3V8 Mar
American
Gas
&
Electric
10 y2
Jan
6% Aug
11 Vo
900
7%
900
63/4 Aug
Sep
143/4
Jun
6'A Mar
93/s
Apr
2%
33/4 May
36
Oct
38
Apr
Jun
4%%
$2
convertible
$2.50
*
common
Hard
6%
6%
103 V2 105
200
*
3 V2
3%
preferred
1
1
8'A May
3%
3,400
Feb
105
Oct
Jan
94
Sep
Rubber
1
Co
25
25
common
4
17 V2
4
„
16%
17 V2
13
13
100
850
50
Jan
4% May
American
Maracaibo
Sep
7
May
American
Metal
3V»
Apr
4
Oct
Oct
22 Va
Apr
163,
13
Oct
22
Jan
57
56 y2
60%
2,400
50
Feb
69
Jun
91V2
91
92 V2
350
89 V4
Aug
98
May
25
25%
300
22
2,000
36
__
53
>•
1%
J
iy2
8Vb
__
52%J53
1%
2
iy2
6,700
100
Mar
Sep
Mar
1% Aug
1% July
25%
,
Co
Products
American
Class
American
Oct
Jan
Amer
56
Jun
Potash
$6
2
Co
&
*
Chem
class
A
B
*
*
Republics
10
Seal-Kap common
Superpower Corp common
series
preferred
2% Aug
American
23/a
American Writing Paper common
Jan
25
1
American
.13
Meter
20
__2
Co
New common
American
Thread
Shares
Range Since January 1
5%
High
Low
High
7
5 Va Mar
16V2 Mar
18Va
18%
400
39%
40%
9,800
31
Feb
110%
250
107
Sep
2%
1,200
1%
Feb
375
32 : ;
Oct
110
2V2
32'A
2,400
7Vb
90
32
33
36%
36%
preferred
2
28
20%
—
—
4%
—
13
—
—
28
Jan
Jun
19% May
40 V*
July
113 V2 May
3Va May
40
Jan
36
600
32 Va
Jan
Feb
13,700
15%
32%
200
30 %
15%
200
July
14% Feb
Jan
22
Oct
32%
Oct
18
Jun
Jun
4V2
4%
14,400
Feb
7
26 V2
26 %
100
17%
Feb
27
Sep
13
13
200
13
Oct
13
Oct
43%
43%
200
38
Mar
51
Jan
27
Sep
36
Jan
28
28%
50
28%
4%
5%
Jun
Oct
22
26 Va
1
21%
15 V2
27%
71
Feb
20'A
25
-1
43 V2
32%
28
*
V2 July
28
25
29'A
25%
10c
1
1
7V2
16
__
25
American
2 3/
.
110%
Laundry Mach
American Light & Trac common
6% preferred
Mfg Co
__
40V4
1
preferred
4%
*
*
Feb
79
87
1
5
5%
"
60
100
7
10c
American
3
for Week
75% Aug
100
Corp common
convertible
American
Loxo
10
com
preferred
American General
Range
of Prices
Light—
B
4% Mar
6%
*
common__J
Bantam
American
Oct
Sales
Week's
,
100
800
10%
100
Mfg___f
Industries
Ltd
common
preferred
36
Co
300
6%
*
America
cumulative
5% Mar
Jan
Book
2'A
10%
Sale Price
Par
American
5%
*
1
common
3% May
Sep
5%
__1
Investing Corp
(Mich)
common
Products
Altofer
31V2
Last
Exchange
High
3% Aug
30
New York Curb
2
2
50
pfd
common
Internat
300
10
Appliance
?■'.
3'A
2
common
Electric
Low
lVa
1
J)
Friday
■
200
5
common
Inc
Investors
Convertible
1
29
STOCKS—
3'A
1
OCTOBER
Range Since January 1
1%
36
ENDED
Sales
Shares
High
35
WEEK
for Week
iy2
10
Aero
Air
Low
1
common
Stores
of Prices
iy2
Alloys
Supply Mfg
Agnew Surpass Shoe
Week's
Last
Exchange
FOR
3%
1
7034
4%
5%
.
8,300
3%
1%
72
4%
5V2
.2,400
300
20,900
2,450
,
3
„
26%
Sep
18% Mar
3%
Oct
% Mar
36 VB
Jan
27% May
5%
Jun
1% May
Oct
42%
Feb
72
300
4%
Apr
5
Jan
1,900
5 %
Oct
9
Jan
A
THE
NEW
Wetk'i
Friday
STOCKS—
Curb
iiast
Exchanre
—1
common
Anglo-Iranian Oil
__
8(4
—£1
Angostura-Wupperman
1
Coast
Line
Feb
200
98%
Jan
43/b
4%
6%
x6%
6%
10%
Jun"
City Auto Stamping!
City & Suburban/Homes
"
Jan
Clark
Apr
Clarostat
4
Oct
12%
<
1083/4 May
Neon Inc
1,800
4
Sep
6ya May.
ClaytoP, Si Lambert
43/4
Feb
83/b May
Clinchfleld Coal C.orp common
4%
Feb
8% May.
Club
7i/a
107/o
200
20
22,500.
10%
10% May
Jan
10%
700
10%
Feb
14
Jun
Colonial
2,600
12%
Feb
23
Jun
Colonial
Sand
Aug
6
8 3A
Jan
Colt's.
1
Inc..
24
j
7%
__
fl
preferred—
4,300
5%
4%
•
13
28
Ayrshire Collieries Corp com—_
25%.
24,
1
Automatic Voting Machine
Avery (B F) & Sons common
8%
25 %
I
13
hh
6%. Feb-
'
May
6 3/4
10% Mar
Apr;
16% July
'25%
25
243/4
Feb
26
July
400
15%
Feb
27
Jun
19
Consol GEL P
Consolidated
Consol
Utilities
GaS
Liquidating Corp
Consolidated
& Smelt Ltd
Mining
Consolidated Royalty Oil——
Baldwin
common
—1
9%
Banco de los Andes—
American
Barium
Si
1
6%
—6
common
17%
q,%.
17%
—1
Beau-Brummel Ties
—1
(A S) Shoe Corp
Bellanca Aircraft common
Bell, Tel of Canada common
—
Corp
Mar
14
Jan
Jan
Jan
11
7% Jun-
7
May
17
Jan
12%
38
Oct
39
Oct
8%.
600
8
Sep
10%
Jan
Jan
28%
Sep
Apr
35
Sep
13%
6%
Sep
Sep
18
13%
7(4
100
1,000
28
•III
700
7%
Oct
10% May
5Q
293/4
Sep
50
70
Oct
73
24%
6%
140
20
8(4
300
173/8
1//UU
8%
17
63%
7
900
«
41/8 May
22%. Aug
8
Sep
13% Mar
6%
30
I
HOO
13(4
«
CoI~I~I~
21%
Feb
23 y2
93/4
Jan
14 %
Apr
18
15% Mar
2~2
Aug
Jun
July
?ep rcts °rd
500
% July;
8%
200
8%
Oct
13 y4
Jan
«i
8%
8%
50
8%
Oct
12%
Feb
:
reg
10s
British Columbia Power
class A
Dlstillersi"!
1
4% cum Junior
pfd
Brown Rubber Co
common
(E L) Co common
Bruck Mills Ltd class
II
—T—2
B_
1
""
*
Sullivan.———.-""YsO"
Butler *(P H) common
12
12%
5%
13
5(4
10%
50
2.800
5%
4,400
*
10
10 Vb
500
25
—
J
.I..III—25o
Sep
25%
3QQ
Sep
11%
1,900
23%
1,400
13
15%
%.
2(4
2(4
2%
:
13
--
1,800
13
100
5% July
12
May';
32
Jun
Sep
10% Mar
111 000
llr
27% May
Oct
16
400
15
SepJun
Feb
5%
11%
23/4
Sep
25
x22%
23%
Apr
4%
V(
u%
2% Jan
Jan
10
X22%
7511:
_
1%
1%
•
.
Ring Co
Burma Corp Amer
dep rcts.
Burry Biscuit Corp„.______
300
20
lo
"""
Bruce
.
1%
•
_
Buckeye Pipe Llne___
1%
•
Class B
Brown Forman
215/8
8%
~
500
13%
3.600
%
1,100
% May
8%
8%
9%
1,400
8%
Sep
4%
4%
5%
3,100
3%
Jan
15%
1,600
13(4
Jan
7%
3,500
1
14
7(4
,•
7%,
;»•
15
Jan
4Q
1%
Oct
4%
7b, Oct
Jan
2%4 Jan
,
17% May
% Mav
,
Apr
11%
May
6
15% May
Feb
97a
f
Jun
56 % May
Mar
43%'45%
1
1
10 3
37(4
8,400
1(4
Feb
6%
Feb
9%
9%
%
6%
6%
100
6%
6%
1,900
•
14 "2
14 %
50
25c
•
10
2%
2%
600
2%
1%
2
200
6
Oil Refining common
;
1%
9% May
Feb
26
3
Apr
35
Apr
Jun
2034.May
16% Mar.
40
Sep
3% May
Sep
3,200
Jun
9
16%
13% Mar
18%
100% Mar
,18%
183/a
Jun
10%. Jun
5% Mar
5 (4
101% 101 (2
6
100
common
preferred—
3,000
8
Jan,
1%
1% Mar
partic
Crown Drug Co common—
47u
53(4. Jun
Feb
1
2,900
6%
8
"A"
Oct
3
43%
;
1
*
1
preferred
Feb
Mar
46
0
Co
(Md)
Atlantic Sugar
14
••
Oct
27a
8%; Feb
V2
2 %
Cuban
Tobacco
104%
Jan
5%
Oct
12% May
Mar
24%
Jun/
Mar
173/4
Jun
%
1%
Oct
Oct
10% July
11% May
6%
_•
common
Curtis Lighting Inc common
Curtis Mfg Co
(Mo)
Sep
4% Mar
2.50
—8
17%
1
6%
6V4
100
6
3%
3%
300
2%
17%
Sep
Oct
37%
Sep
10c
Jan
8
13% Mar
450
17%
Jan
liy2 Mar
fi
""
&
Cork Internat'l
Feb
D
Mills
Davenport Hosiery
Davidson-Brothers
Inc
common
Dayton Rubber Co class A
Dejay Stores common
Dennison Mfg class A common
1% May
3%, Jan
13%
Sep
Oil 'Co
Derby
••
50c
8
,7%:
12
1,000
16%' 17%
~4
2,700
24%
25
12%
Sep
Apr
140
Oct
19
Oct
Apr
Marf
11%
Jan
4,(4
Oct
18%
Feb
28%
Jun
113/s
Aug
14
5%
Feb
9
10
Detoe St Raynolds class B_
Diana Stores Corp common
8% July
2(4 May
Manufacturing.—1
Detroit Gray Iron Foundry
Detroit Steel Products
Oct
35% Aug
16%
2,900
~3%
16%
6% Aug
3%
Oct
140
8
com
*•
5% Mar
9(4 Aug
100
7%,
11%;
30
30
31
100
new
Detroit Gasket &
30%
31
35
debenture—
8 %
Jan
34
-2.50
Day Mines Ihc__
.
Celanese Ltd—
23/8
12%
•%
Aug
5(a July
Oct
1334
50
,
•
1%
11(4
3<l
19 V2 May
^
Oil
American Tobacco—
Amer dep rets ord
bearer
Amer dep rets ord
reg
2% Mar
150
1;
Petrol
49
111%
May
11
Oct
22
Jun
14%
1
13 (4
700
1,600
Co_
Milner
11%, Aug
Feb
Feb
4%
Jun
107
Jan
29%
72%
Jan
70
114% May
80% Aug
8V2
30%
24%
'
Aug
234 Feb
7%
8%
14 y2
6% Mar
8(4
300
(ord reg) —£1
dep receipts
Crown
5%
1,400
1,350
Oct
Jun
•
*
-
Cent
Cuban
10%
41
15%
common
Crown
Crystal
10%,
106% 111%
Oct
8%
Sep
Sep
35 %
•
Petroleum-
Brewing
Crowley
97
14%
Crosley Motors Inc
May
75
Petroleum
American
$6
Jan
9 %
9,700
70
17
3% Apr/
3%
30%
'
70^-v;;
"II
»
Power—" •
14
3%
•
~i
15%
Oct
1% Jan
107
130
Oct
'
30
623/a Aug
210
99
34
A
class
convertible preferred
Croft
3.1U0
108
Feb
7%
Feb
14%
Reynolds common
Courtaulds Ltd—
Creole
6%
1
Co
preferred
Cosden
7% May
15% May
5%
850
8
3(4
——100
_
Jan
10% Mar
5 % Oct
40Q
700
8(4
15%
8
•
pfd
Aug
2%
8%
15%
1
.
Bunker Hill &
Burd Piston
12%
$1
63%
7(4
39
25 Vb Mar
34
Inc
5%
18
Feb
15
31
•
common
British-American
n
9
19
8 3/8
j
Bridgeport Gas Light Co. "
Bridgeport Oil Co_
Brlllo Mfg, Co common
_II~~
British
Range
4% Mar
63
175
1
*
5c
Brewing Co common
Cornucopia Gold Mines
38%
2
38;
coml*
Co common
Class A_'
300
12%,
"2-;
3
Brazilian Traction
Light
"5%
•
_
Ridge Corp common
BlumenthaJ (S) Si Co common
Borne, Scrymser Co_
Bourjol* Inc
6%
500
•
Blue
cum
12%
1
—1
common—
(H C)
prior
6%
—25
Blckford's Inc common..
Blrdsboro Steel
Fdry & Mach Co
Blauner's
300
18
"5%
—1
Benrus Watch Co Inc
Benson Si Hedges common
Convertible preferred
British
27,400
7
—1
common
Beck
Breeze
Cooper
Seellg Mfg—
$,1.20 convertible A
5%%
Sep
Sep
10%
Corp
Basic Refractories Inc
Baumann (L) & Co common
Bohack
663/4
66%
Coro
A May
*
Feb
Jan
Corroon &
shares
Steel
Barlow
100
9%
45
Copper
1,700
64%
.30
iV Jan
98
4
*
Co
Paint-& Varnish
34
633/4
64'A
..
Locomotive—
7 %
preferred—
Baldwin Rubber Co
5% May
30
403/4
—1
1
Continental Fdy Si Machine Co
Cook
8t Wilcox Co
Feb
107
10
Continental Car-Na-Var Corp—
B
Babcock
63 Vb
9 % May
4(4
106 3%
preferred series C
A%
j
39
29 Vb
Jan;'
Feb
-110 3/8
Rait common
4(4%. series B preferred.
Apr
9y2
191/4
25%
__
32
Oct,
4%
1,600
8
Oct
24
400
1956-
to
Vtc ext
7% Ma,vv
Feb
July
7%
29%
1
Community Public Service
Compo Shoe Machinery—
Mar
3%
July
8
1,500
•
8
Jun
52
15
Feb
983%
Apr
2% Mar
500
7.0QQ
Feb
Oct
•
100
—100
4%
64'%
200
5%
•
Feb
July!
3%
"
700
Commonwealth
51
4%
1,600
7'(41 7%'
Oct
3%
16,200
7(4
19 %
60
1,700
7(4
29(4
Feb
53/8
7(4
6% '
—1
6%
3%
0
73/4
6,(4
'
6%
Jan
3%. Feb
6(4 Aug
2.100
—28
1,65Q
59
24
100
7 vi
~6 %
6%
iv> 5
Jun
10%yJan,
IV* Mar
700
Vb
19 %
5%
".
:i!i
163%
3%
41 %
•
Vb
19%
60
4
Southern warrants—
Commodore
*
Feb
2,400
106,600
Jan
1
1%
400
43/9.
1%
BO
8,100
9
4%
Feb
Jun,I
2 3/8
4(4
3/4
19
4%, Jun
"5%
5%';
=v.
1
Inc
500
Apr
Feb
14
11
Feb
1
Hotel
3/4
Jun
14(4 May
Feb
1%
37%
•
Co
11(4 Mar
150
38%
%
66%
1;700
26
%
>
3%
i7-
•
1
•
A
400
17
'
40%
—
Manufacturing Co
1% Jun
Feb
2(4/
•
Co
High
'
■V
f
Feb
9
Colorado Fuel & Iron warrants
£l
14
16%
4
Stone Co
&
7/8
31%
9ya
2(4
Airlines-
20%
4,t)00
27,400
14
,.
30
ordinary
Development
19%
115%: Aug
•
__
3
Mfg
Products
Aluminum
Colon
10%
Feb
Lota
1%
55%
'
3%
Cockshutt Plow Co common
19%
112
51%
-1
common
3,100
6%
^ 1% •:
1
7
10%
-1%*
1
Co_
Mfg
Range Since January l
High
52% ;
•
Shares
10
Co
Controller
Claude
—
4%
113% 113%
__
warrants
Atlas. Plywood
Corp
Automatic Steel Products
''
I9I/4
Sep
10%
Fisheries
Coast
^
Cities Service common
i/.iLow
1» ;
10
5
Chief Consolidated. Minings
1
rets reg
Laundries of America
Corp
Jan
Sep
•
2.60
American dep
Atlantic
8%
100% 101%
101
10
;
Atlantic
1,700
•
Ashland Oil & Refilling Co
Associated Electric Industries—
Associated Tel & Tel class
11%
«...
11%
11%
•
Equipment Corp
—
13%
2%
1
Common class A non-voting
Atlas
8%
for Week
Range
of Prices
Sale Price
I,,'; Par
Sales
Week's
.Last.
-
Exchange
8%
53/i Sep
5% Feb
550
Cork
.31/v''.-
High
Low
.
400
15
'
'
100
6%
preferred
Arkansas Power & Light $7 pfd
Associated
,
8(4
15
1
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Argus Inc
Arkansas Natural Gas common
Aro
Friday
.v'-.
btocka— ;..
York
New
Ltd—<<
Co
Amer dep rets ord reg
EXCHANGE
Ranre Sine* Jannary I
—
__
Monday, November 1, 1948
WEjEK ENDEp. QCTQIJIiR 2U
I-,:;
Shares
Low,High
--3
Angerman Co Inc
CHRONICLE
Sales
el Prices
;\)V'\VVpar
Anchor Post Products
FOR
for Week
Range
/gale Pries
FINANCIAL
CURB
YORK
RANGE
New York
&
COMMERCIAL
lOo
1
25
900
*
~63,4 ~7yV
2,500
Jun
Jun
7%
Distillers Co Ltd—
Amer dep rcts. ord reg
Dobeckmun Co common—,,.
Domestic Credit Corp clasi A
Dominion Tar
•
Power
15
7%
Oct
12%
3,100
2%
Apr
3%
'.'J.':-'•/
Jun
21% Mar
29
16%,
2,900
11%
16% May
600
"9%
15
/
11
>;
Feb
Jun;
•
•
common..
U% May;
Feb
65
Co_,
70%
—
Jan
40
74%
Oct
83
May
Oct
8
Jan
ll»/4 July
25
763/4
Mar
36
125
-10
Dunlop Rubber Co Ltd—
May
Jan
10%, 10%
70%; 71
,■
15(4
i
Driver Harris Col
Duke
2%
28
Chem Co Ltd
&
Corp
Draper
Sep
400
2(8
frV/2'
1
1
Dominion Bridge Co Ltd
Dominion Steel St Coal class B
Dominion Textile Co Ltd
17%
7%
£1
14
79% May
Jun-
•
.
;
Amer dep rcts ord reg
Durham Hosiery class B common..
Duro Test Corp common
Cable Electric
Products common- .—BOO
Cables
St
Calif Cotton. Mills.
pfd—
—fl
Co
Amer
Casco
1
•
.
xll%
pfd—III"•
Co—
l
ord
1
"l%
45%
3%
110
3%
9
800
3(4
1QO
Jan
8% May
East
Gas
6%
k Fuel
Eastern Malleable Iron...
Eastern States Corp,.
•*"
25
Aug
18
Apr
3%
May
17% Aug
Feb
Jun
1%
Feb
35
Mar
8%
Sep
3
Qcfc
50
108%
Jan
3%' Sep.
Oct
12%
145
July
23% July
17
„
preferred
Sep
Jan'
16%
5%
5%
»
225
76
Mar
475'
65
(4 Mar
83
a.
54
Apr
58
3
Jun
6%
Jan
10
4%
7%
Jan
31
Jap
5
Oct
-164%
■
57
525'
53%, Feb
12:,/4
13*/b
1,100
50
59;
58
5.9%
1,400
•
14
13%! 14%
4,200
Electric Bond
8
14(4
14
15%
35,000
147
150%
& Share
common
Electrlo Power Si
Light $7 2d pfd A—•
warrants
Derrick
Inc.
&
Eureka
Corp
-
"•
;
May
81% May
(
6%
7
9(4
126
210
1
Equipment->—!
3%
3%
96
"I;%
2
8,100
1%
39
175
*36%
5%
Ltd
10-
23
-
200
6
l'/(r
•
l.V
;
314,. Jun
1
15%
Apr
3,300
9%
6,800
6,000
9
Jax>
(4. Sep
46
Jan
Oct
2% July
Oct
-20%
Feb
8% Jan
Feb,
■75r
•
July,
98
Feb
5% Sep
-3,-700"
24%
-
7
14% May;
Feb."
11
1%
363/au.
1
100
36%
1%
1
16% Junt
Jan
6%
Oct
150(4 Oct
Feb
2(4, Ma?
600
14%
Feb
Sep
92
20
7%
14%
8
10c
Eureka Pipe Line common.
800
96
7%
Aug.
6312
14% May
Feb
3%
1,800
10
100
1
14
Feb
8%; Feb
1
common
Equity, Corp common
$1 convertible preferred
Esquire Inc
-
Jan
88
10% July
1
Emsco
May-f
4(4 May
Feb
125
79
88''2 July
2% Mar
500
.,64,(2, 67%
—1
Empire District Electric 6% pfd
Empire Millwork Corp
110%
/
3%
$5 pfd shares.Af beneficial lnt.
Easy Washing* Machine class B
Electromaster
Jan
May"
7
Feb
82
79%
3
*
e
Apr
6,
Jun
Associates—
shares ol beneficial lnt
Jan
10
53
Jap
150
Sugar
3%
4,000
81
75%
:
77%
Electrographic Corp
Sep
1%,. Sep
4.2QQ
5%,
12%
5% May
77,.
81%,
A
Jun
57
7%
Sep
series
$6 preferred series, B
Eastern
Option
1% Sep,
36%
Sep
12 »/8 May
4% Aug
5
100
14
14
.
..26
Oct
10
5%.
Sep
'
.100
preferred
Feb
110
300
3%
'•
.101
20
Oct
3,500
v.
Assn. common..
prlo^ preferred
4(4%
Apr
Feb
46%
4%
700
•,y
43/# May
20
14
Sulphur
Feb
200
43/4
100
73%
733/4,
1
pfd_
16%
17
30
400-
100
——100
100
Xll%,
Jun
4514
J
87 a, May.
3%
Jan
Sep
30% May
Jan.
29
38% May.
8% Jan
11%.
350
140
54
Feb
86%
10%
10%
12%
150
6
Sep
21
12
12
100
5
Sep
21% May
11%
12
300
10
July
14(4 May
4 %
43/a
8
8%
28; 100
•
»
Chicago & Southern Air Lines
Voting trust ctfs.
page 33.
11%
5%.. Sep
21%. Jup
Oct
Jun'
May
3%
Feb
5%, Aor
300
7%
Feb
8%
-
10% July
13
J*p
Jan
16%
17%
525
16%
Oct
25%
Jan
57
59
150
54
Apr
70
Jan
15% Aug
5% Jan
18
•
_
8%. Feb
1,500
4
—_
Jui\
76
8'/a
8
1
Fa-*jteel Metallurgical.
July
?:
12%
43/8
10
J
Fairchlkt:Englne & Airplane
84
11%,
10
_
!
Falrchlht Gamers' St Instrument—
19% May
90
74
1
common
%' Feb
11%
2.50
...
16
74
___10
common
73%, Oct
823/4i! Apr
100
common—.
Chesebrough Mfg common
Chicago Rivet Si Mach.
Jan
47
4%
1
;
see
3(4,
46%
25
225
3(4
'
Chamberlln Co of America
Charts Corp common
For footnotes
3(4,
'I
36%
Conv pfd opt div ser____—
Conv pfd opt dlv ser 1929
Cherry-Burrell
110,
/
•
•
Central St South West
Corp
3
8Central States Elec 6% preferred—100
Cessna Aircraft Co
8%
V
III I; I
45%
-IIIIlO
Central Ohio Steel Products
Central Power St Light 4%
Century Electric Co
45(4
2,300
1
common.
preferred—
"1%
2s 6d
common
Central Maine Power Co—
3.50% preferredI
6%, Mar
2% Mar
1393/4
1
6%
:";V.
13%
3%
Aug
30Q
12(4.
£i
dep rcts B ord
(A M) & Co—
Catalin Corp of America
7%
Xll%
'
11 %
~3(4
Jun
8 'A
Feb
1
Castle
8%
Texas
Com
—12.50
(J W) Co
2%
Duval
16%
Ltd—
Products
Oct
Xl4% Mar
—
Carter
1%
Apr
22% May
Carnation Co common——
Carr-Consolidated Biscuit
11%
33/8
"
Light $5
Feb
18
—100
i
A
900
3%
>
•
1-1
12%
"•
Carman & Co
dep rets
1,100
2%
20
•
Capital City Products
Carey Baxter 81 Kennedy Inc
Amer
"7%
2%
~
common.
non-voting
Canadian Industries Ltd—
7 %
preferred
Carreras
100
11"
Class A voting,
Class B
Carolina Power &
1%
"7%
1
Canadian Canners Ltd commonConvertible
preferredCanadian Industrial Alcohol-
Marconi-
1%
—
1
B
Ltd
Canada Cement Co Ltd
6%% preference
Canadian
300
—5
IIIIIII
Tungsten Corp
Camden Fire Insurance
Bread
4(4
——1
Co—_IIH'
California Electric Power
Canada
4%
6% Feb
8i
Aug
Wireless—
American dep rets
5%
Calamba Sugar Estate
Oallite
4%
-fl
7%
700
•„
7%
300
5%
Jan
:
Jan
7% May'
73/4 May*
Fire Assoelation .(Phlla)
IIIIo
First York Corp common
$2 dlv cum. preferred
—100
—
Flshman. (MH) Co—
5c to $1 Stores—
Ford Motor Co Ltd—
Amer dep rcts ord reg
Ford Motor of Canada-^Class A non-voting
Class B voting
;
Ford Motor of Francer-r
Amer dep rcts bearer
Fort Pitt Brewing Co..
Fox (Peter) Brewing
'
45/a
:,.i2%'.'
—
:
60%
3
22
16
.,4%
12%
120
61%
,60%
:i 3
3%
2
400"
3(4
34%'
1
:•
4%
13%
25
34%
Jan
31
Sep,
14% Mar
1
61%; Oct
3% Mav,
38%
Apr
18
AprI.;
y ^
£1
3%"
37/8
4(4
3% Aug
50Q
July,
574 May,
15%; Apr
5%
.
,
j
May/
"
23(4
—
—
22%
26-
I
j
23(4
'■
1
IS'
—
i
—
.1.28
10
10
26
.
900
16%
Jan
23%'"Oct,'
25
18(4
Jan-
35
I
Sep
-l'l
2,800
10%
800
Vb
77/a, Feb.
10(4 Sep
2
10%
ly
Aug
Jan
Sep
Jan
Number 4747
168-
Volume
COMMERCIAL & FINANCIAL CHRONICLE
THE
-
YORK
NEW
CURB
Week's
Friday
•V.
STOCKS—
Last
Par
Inc common—-1
Franklin Simon b Co
50
-D
HH
26%
4% ft conv preferred—
Fuller (Geo A) Co
'••I
8%
,
87/s
8% July
Mar
Mar
?&■
32
12Vh Jan
-
Jun
4,600
"•7%
~7%
~7%
700
15%
2
Anxer dep rets ord
reg_—
.
Kennedy's
6ft
pfd
.Georgia
Power $6 preferred
preferred
Gladding
McBeaa &
co.I
'
4%
(Adolf)
27
10
98
2%
6,200
4% Sep'.
112% H3%
~4%
-
110
Mar
~4%
Jun
300
200
16
Grand Rapids Varnish
Gray Mfg Co
Great Atlantic b
18%
2%
2%
2%
2%
100
80%
20
*Vu
3,<i
5,800
1
.80%
6
65
6%
200
•3*1
%
65%
400
pfd—25
?
21%
1st
preferred
Great Northern
Paper
•
9%
Jan
50% Jan
Jan
,91
% May
£7% May
Sep
-.->9%
Jan
Mar
65%
Oct
12% Jan-*
10% July
>7;.:14% May
225
91
Feb
120
80
133
Apr
140
21%
25
37%
37%
39:
350
36% Mar
98
98
98%
130
97%
common__25c
Utilities $4.40 pfd
100
Gypsum Lime b Alabastlne
•
8
Gulf
Lamp
Co
>
Laclftds-Chrlstv
of Delaware
Corp
Class
Hartford Electric
Light—IIIIIH
Hartford Rayon common
HI
Harvard
Brewing Co
6%
41%
1
Rubinstein
mass
a
Heller Co common
6% ft preferred
4*
preferred
3
1.200
2
300
,
105
Apr
9% May
8% Oct
■;
Feb
■
'
47
Aug
56% Jan
Sep
12%
Leloourt
..
11%
j
10
96
12
Oct
8
16%
Mar
10
Feb
150
11%
10
8%
50
10%
96
10
2,400
9%
IOO
Jan
Feb
91
100
11% May
14% July
12
Sep
Sep
Aug
68
.
Line Material
Co
.10
—
49%
-
7%
11%
Jan
11% May
798% Apr
r
Jun
,
74
49%
300
5%
50
48
Oct
.7% Apr
Sep
Jun
.
'
»
Holly Stores Ino_.
9
-1
•
5 ft
preferred
Hubbell
(Harvey)
Humble Oil
Huyler's
3%
100
3
30%
350
24:
43
43
130
1st conv preferred
Oct '
20%
Apr
44% Jan
H
31%
5
32
22%
80%
Jan
110% Jun
19% May
,24% Jun
800
23
79%
Sep
Sep
148
30%
105 V.
32
800
80%
3,700
x65
Feb
2%
v
,3%
700
37/e
24%
25
35%
88
24
Apr
-Sep
7%
7%
42%
*%
21%
21%
21%
1,000
16
Jan
Jan
Jun
4% May
44
Oct
.
3%
200
Sep
41 y4 Mar
4
IIIIIIl 1
IIIIIIl*
I ~~g
>
Hygrade Food Products.
4% May
32%
'
139
"
.1111111
Hydro-Electric Securities
Feb
95% Jan
9% Jan
39% Aug
warrants
common
Mar
v
177/8 Oct
b
stock
3%
29%
43
•
Refining..
"•
Kurd Lock b
Mfg Co
IIIHIs
Hussman Refrigerator
$2.25 pfd
HI*
Common
''"H- •11 •
II——H—v
Inc common—.
7% July
1,500
•■"•'
30%
••
Hormel (Geo A) b~Oo
commonHI
Horn b Hardart
Baking Co
Horn b Hardart common
9'
8%
Corp common
Llpton (Tbos J) Inc 8ft preferred
Brothers
common
•
Imperial Chemical Industries—
Amer dep rets
registered.!
Imperial Oil (Canada) coupon
10
£1
•
Jan
Jun
Jan
Jan
May
Feb
'25
Jan
250
9%
Sep
16%
Jan
1,100
3%*
3%
Oct
8%
Feb
16%
16%
17%
11,700
liy4Mar
17%
Oct
16%
16%
17%
1,400
11% Mar
17%
Oct
12
Registered
J
•
Imperial Tobacco of Canada
IIIII3
Imperial Tobacco of Great Britain
11%
12
900
9% Jan
12 %
July
b Ireland
£1
Indianapolis Pwr b Light 4ft pfd.JLOO
Insurance Co of North America
10
10%
3%
8%
8%
,
50
8
Oct
90%
92%
50
88
July
107 %
110%
1,900
92%
Feb
12%
200
liy*
Oct
.
■
lB'Bs
12
•
13% Jan
96
110%
Mar
Oct
15
Feb
International Hydro-Electric—
Preferred $3.50 series
:
International Metal Industries A
International Petroleum
coupon
Registered
shares
50
56
55%
56
12
11%
12%
400
:
51
Mar
x22%
59
Oct
Sep
24
Apr
9% Mar
14
Jun
9% Mar
10,100
13%
Jun
17
,
.
12%
12%
300
10
11%
12%
800
•
;
1%
1%
300
+* Mar
9% Mar
12%
1%
2% May
20 y4 May
7% Apr
1% Apr
Ills
12%
12%
12%
1%
1%
1%
3,100
16%
16%
16%
;~..200
5%
5%
5%
11%
12,800
Royalty
1
Iron Fireman
Mfg voting trust ctfs_—•
Irving Air Chute,
i—,
1
Italian Superpower Corp com cl: A
•
900
Investors
19 %
Aug
25
Jun
18%
Feb
28
Feb
7
May
May
6
200
l'c
4,900
900
13
Sep
25
May
700
15Vb Mar
24
Oct
24
14%
14 %
15
26
26
26
9
16
Oct
Feb
Sep
4% Jah
% Mar
Lobl&w
Groceterias class
•
A._
26
9
Apr
11
150
500
Aug
15%
25
.
July
30
Jan
Sep
11
May
7 Va
'■
.......B
Lone Star Oas Co. (Texas)
Jefferson Lake Sulphur Co
Jim Brown Stores common
Preference
•Julian
b
Kokenge Co
'
i
i,
1
_l
4%
5%
I
...
Apr
26
Feb
24% Jun
20
Feb
28%
Jan
23%
23
—
9%
'
6%
500
5%
200
5%
IIIII*
—
5%
200
■
.
-
12,000
18
Feb
24 %
May
10
July
1
Jan
25
•
10
7% Mar
400
Long Island Lighting
Co—
Common ctfs of dep
7ft preferred A ctfs of dep
6ft preferred B ctfs of dep
%
.
%
1J
% Mar
7,800
72
72
73
300
49
Mar
73
Oct
64%
64'A
65
1,400
44
Apr
66
Sep
20 y»
20%
20%
8,000
15
Feb
23%
Jun
"a
xl3%
xl3%
•
8%
8%
10
12%
12%
13
1,200
11
Sep
17% Mar
1
15%
15%
15%
500
12
Feb
10%
Jun
21
Apr
27
Jun
37%
37%
100
34
May
10%
10 %
400
20%
4
20%
700
Louisiana Land & Exploration
Louisiana Power b Light $6 pfd
...1
•
•''hh
:"a.;
110
■•
•-
14%
Maine
Public
Marion
Service
Co
International
McAleer
11
10
common
Kansas Gas b Electric
For footnotes see
1%
page
pfd
33.
10«
124%
9
Aug
1
5ft
$2.50
McKee
(AG)
MoWllliams
Mead
Menasco
Mfg
Merritt
8%ft
A
class
B
1,900
1 y4 Mar
2
Jan
22% Mar
42
July
38
38
25
37l/« Mar
44%
—
.
30% Aug
July
29
Apr
9%
Feb
12% Mar
15%
Sep
25% Jan
10%
10%
10%
400
16%'
17%
2,200
2V4
2%
2,800
7%
400
"5% ~6%
9,200
3%
Feb
7%
4%
100
3%
Feb
6% May
2'/4
f
"•
'
•'
7
i
1
5%
Feb
"5%
4%
4%
;
10% Jun '
,111
50
Jan
43
IS
:
Feb
108
1
25a
Corp common
3% Mar
Jan
.
100
Co
8%
July
Jun
Jun
Jun
1
6%
6%
200
5%
2.50
9%
9yB
500
7% Mar
10% May
*
Tube
1%
1%
3,100
1% Mar
2% May
common
preferred
t
c
1
1
c
8>A
10
Feb
32%
Oct
Feb
8%
Apr
7%
Feb
12%
Oct
10 y« July
11,200
Oct
Sep
5%
2,400
7%
8
9%. Jan
7
300
32%
8
31%
Feb
6%
500
8%
31%
1
v
7Vs
7
10
Mlcromatic Hone Corp
Middle States Petroleum class A
t
••-.
16%
'•
preferred
v
1%
•
Scott Corp—
b
Michigan Sugar Co
Class B
1 %
•r'%
1
z
Michigan Bumper Corp
8ft
May
•
Co
Co
Steel
Feb
8
•
Participating preferred
Michigan
6%
6% May
1,000
*""■
—
Iron
Oct
Sep
3%
100
May
20%
1
&
Chapman
Metal Textile
13
36
Warrants
Mesabl
Feb
34
1
.....
& Co
4
Apr
3%
Feb
8%
•
Dredging
Johnson
39% Sep
13 % Mar
10
common
preferred
Feb
2%
10 %
•
Corp
5%
,
Marine
Co common
Mfg
200-
8%
•
.*
Shovel
Power
Massey Harris
13%
Jan
19
Apr
Middle West Corp—
Ex-dlstrlbution
5
Midland Oil Corp $1 conv pfd
Midland
$2
non-cum
Midwest
dividend shares
#_.*
Abrasive
Oil
10
Co
4%ft
31,400
ioy4
150
21%
1,075
3%
100
Co
•
22 y4
23
—:
■
13%
2
Mar
600
7
Jan
33 y«
33 y8
"9%
5
Mar
25
96
Mar
104
Jan
50
23% Mar
27
Jan
8%
3,600
6% Mar
8%
Oct
3%
1,200
27/8
6%
Jun
Oct
96 %
Jun
96% Aug
103 %
Jun
15%
162
Feb
Aug
40 %
Jun
Oct
3%
Feb
1,900
12%
Feb
26%
Jan
34
Oct
97% Mar
115
July
Aug
34
400
20
23
5
•
2.50
3% May
178% Jun
33 %
50
105
105
2%
Feb
200
41/4
15%
33 %
100
Vernon-Woodberry Mills..
Murray Ohio Mfg Co
Muskegon Piston Ring common
Muskogee Co common
60
166
4%
90
'
500
x34% x34%
4%
•
Tel....
"2%
165
•
•
75
91
_2%
1
common
May
10% Sep
2,100
10
90
100
—100
Producers
Jun
35
26
7ya
10c
10
5
v 9% May
98%
9%
31/4
Montgomery Ward & Co class A
Moody Investors partic pfd—
Morris Plan Corp of America
Jan
,
26
7%.
com class A
30%
Apr
98%
26
3%
Monongahela Power Co—
4.40 ft
cum pfd
4.80 ft cum pfd series B
50
■
Apr
May
Apr
22% July
Feb
1,400
1
&
24
sy4
1
Tel
Feb
3%
5ft pfd—100
Corp
Monogram Pictures common
States
25%
8y4
Molybdenum
States Power
28
Feb
5
18
1,400
—
3%
•
Mountain
Vz
3'A Aug
50
*
convertible preferred
Mountain
23
19
3%
1
common
Monroe Loan Society
Oct
23
374
60c
Refineries
Miller Wohl
12%
20
20
50a
Midwest Piping & Supply common
Mid-West
12%
10%
12%
—
•
common!
Co
Mid-West
•
Products—
Steel
Mldvale
Muter
Company
Sep
July
4% May
17%
27
Apr
10
29%
300
25
10% Aug
33% May
13 y4 Jan
11%
12
200
10%
Oct
14 % May
9%
10
400
8%
Sep
11% Aug
Sep
157/a
29
11%
%
BOe
common
N
Nachman
Namm's
Inc
13%
.i<r
Corp
Bellas
National
11
200
13%
5
5y8
800
47/a Mar
3%
37/„
7,400
2 Va Mar
35%
35%
37
36%
_i
Breweries common
Hess
"3%
36%
75
11
11%
9,100
300
1
common
National
common..
—
11%
37%
Oct
Feb
37%
Jun
Sep
12%
Jan
33 y*
xll
12%
Feb
16% July
12
1
Oct
16
13%
13%
9% Jan
I2V2
12%
1,400
12% Aug
4%
National Mfg & Stores common
National Pressure Cooker common..
Feb
National Radiator Co
1,000
7% Mar
Feb
~9%
6%
9%
9y8
4%
8% Aug
9% Jun
9%
300
4%
Sep
Apr
99% Jan
20%
6% Jun
18,900
8%
124% 124%
20
122 Vi
Feb-
(Herman)
Aug
15% Jan
125%
Jun
Nestle Le
New
England Tel & Tel
—
_4y4
"4%
"4%
.700
2%
2%
2%
4,400
5
Corp
Mur Co class A
8%
15
1
-30o
Transit common——
Neptune Meter common
10%
H'-
National Rubber Machinery
National Steel Car Ltd
National
10 'A
10%
10%
16%
17%
7%
7%
85%
710
__5
-■
—
!ioo
85%
V
84
Mar
17%
May
Feb
10% May
11% Feb
22%
Jun
Feb
4% May
2% Mar
3% Jun
3%
...
Sep
400
-
Jan
6% May
4% July
29% Mar
410
Oct
Nelson
10
Jun
Oct
"
30
18 %
Oct
2% May
K
j
Jan
112
Apr
14 y8
700
M
Macklntosh-HemphlU Co
National Union Radio
Kalser-Frazer Corp
Aug
22%
22
250
;
23%
4%
1,400
5%
•
_
4%
6%
6%
Oct
24%
26
Hn
•
-
23'A
—19
Longlnes-Wittnauer Watch Co
V
23%
National Mallinson Fabrics
1
Jan
1%
A Apr
1,200'
9%
26
Class B
Locke Steel Chain
7ft preferred
National Fuel Gas
Jeannette Glass Co common
/
Jan
10
9%
22%
'
Jan
Jan
•
.
International Products
International Safety Razor B
International Utilities common
Oct
10% May
28
15 y4
%
14
--
Mt
•
shs__*
9%
Oct
Aug
75
*
Mountain
International Cigar
Machinery.™
Jan
7jA
100
9%
1
common
Minnesota Power b Light
Co
17% May
11% Feb
24
Missouri Public Service common
Zinc
Sep
23
A
SB
Mining Corp of Canada
Illinois
13
.
14
•
Lionel
Apr
•
6%
17%
24
I
Inc
McCord
9% Aug
1,200
95%
-
Jun
500
14%
I
(R G)
4% July
Feb
2,100
9%
Apr
Jun
9% May
13
•'!■:'
—SI
Realty
Tourne&u
2% May
-,..7 % May
13%
9
Mar
24%
100
14
23
■
common
Le
••
Feb
Sep
6%
500
9
Feb
14%
Leonard OP Development
;
2% Mar
9%
13%
6%
I
-
convertible preferred
McClanahan Oil Co common.
'
9
600
•
Communication Co Ltd
Sep
Mar
1%
•400
13%
100
W-IIHH
w
49%
12%
•
..
w
w
-30
"9%
„iniin>
;
50%
"9%
•
7%
9% Sep"
-.
Oct
5%
HHHisc
common
.
5%
30
1%
2
9%
,
Helena
5%
500
27 a
IHIIIIIHl
IIII—
900
350
42
50%
Hat Corp of America
B non-vot
com—1
Inc
1
H awl tine
Corp
Hearn Dept Stores
common
Hecla Mining Co
7
8%
41
Hathaway Bakeries
7%
14
16
Sep
Mar
23 ya
B
Lanston Monotype Machine
La Sail* Extension University.
Marconi
SVs
?<j
I25
Apr
I
Company
Mapes Consolidated Mfg Co
6%
"•
Bridge Co Ltd
Paper—
20%
44% Jan
May
H
Hall
50
14
Stores common
Manlschewitz (The B) Co
Hamilton
21%
7%
Mangel
Hammer mill
21%
1»T.
July
11
13
Mar
137'2
of,??*!? Stores Products
States
IOC
Jun
"ioo
136% 138
2,300
Jun
Jan
20%
3% Jan
>.-7> Mar
•
1,700
116% 1171/2
1%
13%
11
Lynch Corp
—
llV
13%
liV
Co
Krueger Brewing 00—.
Lit
6% Mar
9
stock
Sep
common
Rubber
4% May
Sep
Jan
25% Aug
12% Feb
1
3
13
Oct
19%
12% Mar
.
1,500
1,000
Sep
5%
700
1,700
3%
15
7%
15% Jun
Oct
.50
19
3
14%
IV4
Mar
is
x53
i
common
18
15
1
9«% Jan
80 %
Sep
Lagendorf United Bakeries cl A—
Jun
Sep
Sep
40
80
Jun
48 %
Lamson
Feb
'
60
Jan
&1/* Jan
Sep
Jan
Sep
Feb
37%
8% July
5%
Oct
107
45 %
800
Oct
12
Apr
20
30
6,900
23%
12% Aug
99%
60
48%
106
9%
Jun
800
10
60
9%
Jan
600
12% May
8%
35%
3,100
Jan
9%
12
12%
•
%
9
9y8
35-,
12%
13
500
"9%
Feb
12
«•'
11%
1
110%
9
9V« Jan
47
Co
(IB)
6% Aug
1
Apr
24%
Pacific TeaH
Non-voting
(D Emil)
Kleinert
425
106
D
King Seeley Corp
Kingston Products
Kirby Petroleum
Klrkland Lake G M Co Ltd
Klein
7%
Lakey Foundry b Machine
% Feb /
23%
ln
_
b Co
preferred
Mar
7%
7%
Lake Shore Mines Ltd
11
1,400
'*
conv
5ft
May
17
Oct
Apr
21%
—
32%
13%
HHHI
•
HHlHIo
1%
117
Jan.
23%
•
common
•
17 y4
13%
11%
.
11% Mar
100
Apr
100
2% Mar.-,
31 %
•
IHH'
Graham-Paige Motors
'
Hiyh
100
13%
Mar
x9
Feb
200
21
'
LOW
15%
July
29
'--r
1
Goldfleld Consolidated
Mines
Goodman Mfg Co
"""
Gorham Inc class A
7ft
1,300
4%
32
B-IHIH"!
Inc common
Mfg
39
Feb
4%
4%
v
Range Since Janaary 1
Jan
•
105% Apr
5% Jun
Jan
*105%
~4%
~~J
b
Jan
Feb
v
4%'
:
113'
•
•
.
•4.50 prior preferred
Gar ham
500
8
9
ok.
Godchaux Sugars class A
Class
7%
39
9 % May
Sep
95
J50
Inc
Oct
6
2,200
101
20
Coal—
Globe-Union
'
Jun
Jun
«
Glenmore Distilleries
class
Gobel
xo%
7%;
•
-
Alden
5%
27%
37
-
*
Gleaner Harvester
Corp
G en
3% May
Oct
Oct
200
•
Co
Apr
3%
8
4%
IIIIIIl
Gold Mines
common
Gilchrist
„
—
17% July
92% July
10%
1% Mar
800
1,100
101
30
1 °?
Service $6 preferred.^•
C)
Xo%
inn
P
•oSSS Public Corp common^IIlHoc
General *yuu0d
15
%
7%
^.ir®Pro<rflHg common—HIII.*
Outdoor
o!f£t7?ll0*k01fe
(A
Feb
7%
XG
Sfcaiee
High
13%
Knott Corp common.
Kobacker Stores
Tn
for Week
15%
I
Inc
Key Co common....
Jun
22%
4
i
preferred series A
Adv
2%
4%
2
3T?
Sep
«i
General Finance
Corp common.
General Phoenix
Corp
>*v
15%
6% Mar
25
6ft conv preferred
'General Electric Co Ltd
Feb
9
84
Co common
1
General Alloys Co..
—
*
General Builders Supply Corp com—_1
General
13%
100
preferred
Gellman Mfg
5*
12%
-*
Gatlneau Power Co common—_
5ft
12%
S
;
Low
Co
Kimberly-Clark Corp—
4% ft preferred
Kings County Lighting 7ft pfd B.
G
Corp common
Rang4
•f Prices
Far
Kawneer
Kldde (Walter)
Garrett
Last
Bate Fries
Exchange
curb
High
;
Sep
25
•
i 800
v:
6%
.
500
.
Yora
'
900
27%
v
•
Low
8%
Week's
Friday
STOCKS—
New
Range Sine* Jaaaary i' V
High
7%
26%
—
29
for Week
f Shares "
LOW
8%
OCTOBER
Sales
Range
•I Prieer
Sale Pries
York Curb Exchange
31
EXCHANGE
RANGE FOR WEEK ENDED
New
(1823)
8%
Jan
300
13%
Feb
100
4%
Feb
13% Apr
17% Aug
7%
96
Oct
May
1
rrU 17".....
32
THE
(1824)
Al tnurra n/ww.
COMMERCIAL
&
YORK
NEW
FINANCIAL
Friday
York
New
Clock
Haven
&• Watch
Mexico
New
Park
Share*
Low-
3%
1,700-
*
8/4
200
69 %
1.800
6%
7ft
1,600
1%
6:%
1%
200
'"" 6
Jan
2%
Oct--
8
Oct
12 % July
Jan
72% July
6
Feb
10% May
lYa
Feb
59 %
New Process Co
N
Y
N
Y
Auction
Co
Shipbuilding
Niagara
5ft
2d
preferred
optional warrants
Niagara Share Corp class B
8%
10J%
com
class B
Rayon class
A
8'A
8%
32,600
Utility Securities
Texas
Oil
32
May
Sep
15
Feb
Feb
19
May
Feb
Feb
*92%
Apr
117
ft
Jun
8%
Jan
5
10%
10%
10%
400
10
10
10%
2,800
8
8%
% Mar
1% May
6,800
6% Feb
8% Oct
•
43%
43'ft
45
43 ft
43
44
-
800
48
Mar
90
16%
16%
2%
3%
2,300
101% 101%
50
100
__
Jan
97
Feb
103
8%
8%
v
Mar
15
2%
Sep
47%
47
__
Oct
Jun
; Jun
4
May
•21% May
;
3% Mar
97% Sep
1%
2%
•
600
34%
24,400
8%
Oct
9% Oct
48%
Feb
9ft
Jan
Oct
12%
13%
11,500
7
Feb
13%
19
19
191/2
500
16
Apr
22 Vb
Oct
Jan
dep rets for ord reg—__
Rome Cable Corp common-
Corp
Ohio Brass
common
Co
class B common
Ohio Power 4%%
Oklahoma
Old
90a
preferred
Natural
Poindexter
•
2
41
If
41 ;
Distillery
1
Oliver United Filters class B
Omar Inc
2
Jan
Oct
4&
Feb
25
130
101% Aug
1,100
39% Jun
9
9%
8,500
30% Feb
5
July
12%
Oct
14%
14»/a July
17%
9%
12%
14
22%
1,700
>8%
9%
500
200
--
1
1st
33
109 Va
Jan
9% Oct
St
•
1st pfd.
Lighting $5 preferred
Pacific Power & Light 51*
pfd
May
Pacific Public Service
$1.30
1st
com
preferred
Parker
Pen
Motors
Co
Co
Peninsular
200
29
Mar
Apr
32% July
50
101
Feb
106% Jun
50
91
Jan
103
103
103
95
95
100
24
24
Telephone
53,600
2%
12 %
43,800
10 Va
19%
25
11
Mar
23%
23%
200
22
Oct
20
20%
600
17% Feb
90
90
•
3%
common
pfd
United
Samson
ft
common
42%
common
common
Co
Oil
11
11%
'
8
25
5
11%
8
25
9
r-
2
25 ft
iV
2%
3%
Jun
Jun
6% May
54% Jan
5%
Oct
200
70
Jan
July
11% May
9% Mar
3% Mar
6
Jan.
1,200
> 85b
Jan
11% Oct
100
6%
Feb
9% Jan
400
Feb
22
or.
*
1 if
i,ooo
29% Jun
"211
Aug
800
2
Feb
1,400
xll
Feb
75 %
630
19%
21%
2,300
4%
4%
400
74
74
20%
50
50
2
2%
12
B
.
2.50
*
5%
3,000
11%
11
11%
2,900
15
15
15
5%
125
4
Mar
Mar
Jan
41
37% July
Feb
1
8%
:
3%
11
Feb
40
39%
40
250
13
13
300
preferred
"l%
2
2,400
1%
10%
92
10%
500
91%
common
•
44% May
8%
Feb
16
May
I1/4 Jan
3
Jun
Mar
11
9
93
125
Apr
May
10i/4 Oct
Jun
91'%
Oct
99%
Jun
95%
96
75
90
Jan
99
26%
1,100
25
Oct
30
common
•
preferred
13%
91
13%
150
11% July
6% Sep
14
91
100
*
8%
141
151
15%
8
warrant*-
Railway & Light Securities—
Voting common
10
93
290
143%
40
15'%
50
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
Mar
x96
Jun
152
July
79
12
15 % Aug
Mar
Dreferred
•
9
Reading Tube Corp class A—.—.—6.25
Reed Roller
31 c
1%
19%
100
14% Mar
27%
27%
100
27
20,900
1%
%
34%
•
common
1%
1
10
34%
—
"7
35%
Feb
3% May
Feb
20% Jun
1% May
Sep
31
2,800
2
Oct
1,400
27
Feb
34
Jun
1,200
10% Feb
22
Oct
Securities Corp General
1
2%
2%
100
l'/a-Mar
Seeman Bros Inc
*
16%
16%
16%
100
Segal Lock & Hardware
1
•
1%
1%
1%
4,200
17%
17%
17%
50
16% Aug
1% Sep
17% Oct
1
3%
Co.
Shoe
Solby
Selected Industries Inc common
$5.50 prior stook
Allotment certificates
Inc
Corp
common-
Shawinigan Water & Power
Shoo
100
7%
5,400
5%
Feb
5%
5 Tb
900
5%
Oct
3%
3Tb
400
(Robert)
<fe Co
1
Reliance Electric & Engineering- —9
1%
1%
1,000
9%
28
Grande
(Texas
1
3
28
100
3 Va
1,400
2'ft
3,500
Feb
24% Mar
2%
Oct
Jun
26% July
6% Jan
Sep
18%
__
1%
Jan
5% Oct
3% Mar
Rio
Corp)
v
t
1
c
pfd F
For. footnotes see page 33.
100
Feb
4
1%
5,400
Jun
85
87% Jun
5% Jan
May
Feb
4
Jun
1% May
15%
200
10% Mar
15'A Oct
13
13
100
13
15% May
Feb
•
•
Smith
•
1
100
Corp
South Coast Corp common
21
29
25
21
-29
1
5
original preferred
4.88 ft cum preferred
4.56 ft conv preference
preference
preferred
Southern Pipe Line
Southland Royalty Co
Standard
Forglngs Corp
Oil
(Ky).
Jan
37% Aug
July
25%
8% May
270
May
4
Jan
Sep
94
Oct
Apr
29% Aug
14 v3 Mar
5
July
,
8%
Feb
%
2 V,
32.50O
%
Oct
3%
31/4
3Va
2,300
3%
Oct
41/4 May
8%
8%
9%
800
7%
Feb
10% May
3%
3%
41/4
500
31/2
Feb
42%
43'a
1,500
19'%
23
10%
1 Va
10%
-
43
--
11
2,200
6% July
33% Jan
47
Jun
18
60
31%
Feb
Oct
351/4 Jan
41 Vb May
26
28'A
Apr
Sep
29 V*
July
Mar
29%
Jan
22% May
25%
Feb
27%
600
28 %
28
28%
1,800
27%
271/e
27
27%
1,600
25
23
23%
24%
700
7'/4
7ft
100
40%
200
3%
200
27
*
27
•
40
40
May
4%
Feb
36
"l
"l
"l
lift
13%
12%
25
24%
25
3%
Feb
4% Jan
Oct
5
3'/4
lO'A July
48% Jun
Jan
/
% Oct
500
8%
1,300
7% May
1% May
13
Feb
Aug
150
19% Mar
26%
Sep
2 Tb
3%
500
2% Mar
3%
Jun
18%
18'/a
50
17% Mar
19%
Feb
3 01/4
10%
1,000
9%
Feb
28%
2 ft
29
25%
Feb
2%
2,300
6,800
2%
200
2%
322
"7%
1%
11% May
Aug
30
3
May
2% May
Jan
1% Mar
Feb
102
50
Oct
122
/;
8% May
7
7 Tb
1,100
6% Aug
3 Tb
4%
1,400
3 Tb Aug
51/4
2Tb ri
2%
1,000
2%
Oct
3% May
3%
3%
2,300
3'/a
Sep
70
69%
71'/4
330
52%
Feb
72
26
26
22
Feb
271/4 Jun
20
20
20%
15 % Mar
23 Va July
4
X2%
,
common
—1
—1
71/4
7%
50
400
l'/4
1 ft
1%
1,900
5%
5%
6%
3,000
13%
13%
_•
Corp
Inc
.*» —
II9
%
*
•
25o
Corp
Sun Ray
Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
--
-1
-1»
Oil Corp.
Aug
/ft Feb
5
Oct
12% Oct
100
1%
Apr
151/2
Jan
20%
Jan
37 "
Oct
36%
36
36:%
600
27%
Jan
5%
Oct
Hi/a
15%
275
13% Mar
800
2% Mar
■'
100
1,050
12%
12
—
Jan
7% May
15% Jun
Oct
14
3
8%
2V*, Jan
Sep
131/4
3
Oct
%
131/4
—
6% Jan
13%
14
v
Apr
13% Oct
400
%
14
—1
& Co common
7
200
7%
—1
„1
Co common
Sunbeam
Mar
88
1
(Hugo)
(S)
11%
May
225
100
—
~2 ft
Corp
Stinnes
Stroock
Jan
14% Jun
Oct
6% Mar
1,500
7Tb
2%
Stetson (J B)
& Shop
108'/a Apr
22'/a May
5
400
243
118
& Co
Jun
•17%
3
240
B
Sterling Aluminum Products
Sterling Brewers Inc
I Sterling Engine Co
Sterling Inc
Stop
5%
7%
7%
241%
::io
Steel Co of Canada
(A)
July
76
Sep
Jan
35
10%
1
—
Products Co
(The)
Oct
17
12% Mar
104
700-
13%
5'A
,
preferred
Standard
May
22%
11% Apr
5%
-
Standard Power & Light com
Stein
13 y
—
Spencer Shoe Corp
class
70
4
Feb
Feb
18% Apr
Btahl-Meyer Inc
.2.7$
Standard Brewing Co
Standard Cap & Seal common
—10
Convertible preferred
Standard Dredging Corp common—20
$1.60 convertible preferred
$7
55%
104% 105%
10
6ft
Common
1,200
2%
Edison—
California
conv
60
13%
12.50
common
Pipe Line—.
cum
58
-
1
1
1
1
Co
Boss Manufacturing common
4.48ft
53
1
s
SSolar Manufacturing
4.32 ft
12% Feb
•
Solar Aircraft Co
OH
16
100
(Howard) Paper Mills
Pa
1,000
6,400
SI
preferred
Boonton*.
2,400
22%
17
Publications—
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas Si Elec Co—
$.90 ft
2%
21'%
16
2%
•
Ltd
Breweries
2%
16%
__
250
10
Feb
Jan
7
17% May
3%
Jun
14%
Apr
T
Inc
Texas Power &
Thew Shovel Co
Light 7ft pfd
St
Allied
3 Vs
-
Jan
26 Va
1,300
"7
Trpnz Inc_—————;
Tung-Sol Lamp Works com
convertible
preferred
*
1
•
2%
2%
88%
88%
89
50
1% Jan
86
July
May
Jan
„
124
171/4
200
17
Oct
19%.
200
16
Feb
*1
12%
300
11% Oct
4 uU
11% Mar
7
15%
7
v.-:.
200
.V
80
I
500
57%
56
5
5
r
%
2%
91
91
l'/b
1%
4%
5
3
91
1 Va
;
7%
Apr
57%
Oct
Oct
5
U Oct
57
2%
300
Sep
Sep
25
91
Oct
500
1
Mar
5
1,800
3%
5,900
Jan
f
May
18% May
Feb
5%
100
58%
2%
,
15.
49 % Mar
2,300
58%
3%
warrants
y*j
■
3l'/a Jan
19%
15%
8s
20
70o
Tonopah Mining of Nevada
Trans Lux Corp-
12
16
11%
57%
100
—1
1
11% Jan
118% July
17
£1
pfd
Oct
28
„
19'A
17
5
1
1
1
Ltd—
dep rets ord regis
Amer dep rets def regis
8Q0
1,800
13
*
Amer
Tri-Continentai
29
12%
5
Stocks
Tobacco Security Trust Co
x28%
12%
100
common
Corporation common
Tilo Roofing Inc
Tlshman
Realty & Construction
Tivoll Brewing Co
Tobacco
28%
•
Thor
10% Feb
200
11%
*
common
new
11%
1
„
4% Aug
1% Feb
27%
1%. Jan
66
July
5
Jun
99% Jun
1%.
May
6%, .Apr
4% May
Oct
31
May
5%
300
4%
Sep
9
Jan
8Tb
9%
900
8%
Oct
12
Jan
400
l'/a Oct
2%
Jun
2,600
3% Aug
6%
Apr
28
50
7%' Aug
5%
27%
271%
Jun
32
4 Va
—
May
U
May
Valley Gas Co—
Rochester Gas & Elec 4%
.3%
Jan
4% May
27% Jun
Feb
3
•
Corp of America class A
Toledo Edison 4% ft
1
Richmond Radiator-
300
13%
74
Jun
2% Jan
/ 24%
7/e Mar
95
Jun
6%
Goods
19%
14%
1
Mar
ly V4 Mar
Dry
3%
1
•
Sheller Mfg Co
Shattuck Denn Mining
65
600
Stix
150
3 %
31/2 Jun-
l7/a Mar
2,250
"3
1
1
1
1
•
Serrick Corp class B
Seton Leather common
37
Jun
22T«
Rice
13,700
79 %
3% Jan
75% Mar
30V4 Mar
5%
Rels
4
25%
79
25
Control
Safety
3 Tb
23%
5
stock
Convertible
52
300
—
22%
Regal Shoe Co
41/2 May
2%
Todd Shipyard Corp common
Toklan Royalty Corp
r
Co
31/4 Jun
3% Apr
Feb
Jan
1401/4 Aug
191/4
1%
1% Mar
22
Feb
R
Aadio-Kelth-Orpheum option
Raytheon Manufacturing
"2%
Oct
3
30%
2
30%
Technicolor
convertible
1,100
12% Jan
Aug
10
Quebee Power Co
$3
500
21/8
23i/a Aug
Sep
July
25
26
9
Manufacturing
Oats
2%
2
Sep
7%
"2%
Taggart Corp common
Tampa Electric Co common
6%
2'/8
2%
9% Aug
7% Oct
21
20%
Swan Finch
•
com
Oct
Feb
8%
100
Apr
May
9%
•
Puget Sound Pulp & Timber
Quaker
2%
—1
6 Tb
*
3,900
1,800
—I
97% Oct
Feb
37
8%
21
5,400
Standard Tube class B
»
Jan
18ft Jun
15 •/;
Jan
6%
500
7%
—1
15
9% Mar
6Va Jan
1,400
8%
Standard-Thomson Corp
6%
Jan
Mar
Sep
4% Mar
7%
5%
21%
21% Oct
Jan
24%
11% Jun
7% Apr
11% Apr
Jan
7%
75% Oct
41/4 Mar
13% Sep
Jan
Jan
3%
6%
21%
25
common
.
1
Oct
14'A
400
301/4
Co
Standard
13%
58%
87
2.50
America
Sep
Oct
Apr
•
Steel
Southwest
4% Jun
Feb
6,700
'
108'%
Mar
39
48
12Vs
12%
Puget Sound Power & Light—
Pyrene
1,650
4%
11
Apr
43
HV4
Sep
5%
1
1
Manufacturing
Bcullin
South Penn
6% Jan
Feb
50o
11
2
4%
2.60
6%
825
1
common
(Del)
Scovlll
Jun
26% May
8% Oct
Oct
600
500
4%
49
Sep
5
850
5%
43
11%
,Jan
5T»
25c
Corp
Inc
Aug
4
Oct
3%
•
common
Colorado—
cumulative preferred
Co
113-
5Tb Mar
31/4
99%
59%
3%
23
650
100
Providence Gas
Public Service of
Pyle-National
100
10
Corp of Nevada
Prosperity Co class B
prior
2Tb
42%
25o
of
31
May
24% May
42% Mar
24
8
Starrett
Producers
$5
700
4%
1
1st preferred
4%ft
12,800
59
1
Mining Co
Metals
100
8%
4%
101 ft 103
1
Pleasant Valley Wine Co
Pressed
24
50
3%
3
Alexander
Oct
Sep
shares
common
Corp of Canada
19%
Aug
59 ft
•
Sep
141/4 Aug
Feb
3
2%
102 %
•
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Lambert
Prentice-Hall Inc
80
1
Governor common
Pinchin Johnson Ltd Amer
Pioneer Gold Mines Ltd
&
20
20
*
4%
Sep
Sep
1,800
8
•
100
•
Pierce
6ft
48
23
23
8
48
17
400
1
Sayre & Fisher Brick Co
Schulte (D A)
Inc common
Southern
2.50
Philadelphia Co common
Phillips Packing Co
Pratt
3%
4
Pep Boys (The)
Pepperell Mfg Co
&
-
3%
48
1
Perfect Circle Corp
Pharis Tire & Rubber common
Powdrell
Feb
~4%
4
•
Penn Traffic Co——
Penn Water <fe Power Co—
Power
25% July
34
Oct
Mar
19 ft
4%
29
ft
Piper Aircraft Corp
Pltney-Bowes Inc
23
23%
1
common
Penn Gas & Elec class A
Penn Power & Light 4%
Scale
200
9
$1 cumulative preferred
Pennroad Corp common
Pneumatic
24
11 %
1
July
17%
19%
1
d
97
121/2 Mar
Penn-Dixie Cement warrants
Polaris
%
11%
—
Corp
w
2,100
•
'
Ltd
34 %
30%
_•
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Patican
10% May
36.
33%
30 %
•
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount
Feb
Jun
2S
•
5%
6%
4ft preferred
Sherwin-Williams of Canada
Aug
13
21
Pacific
8%
13% Jun
9% Feb
3% Aug
1,000
3,600
10
Corp Ltd new common—1
pfd (new)
49.
conv
Jan
25
6%
22%
5%
-I—1
Sherwin-Williams common
Jan
32%
23%
Lawrence
1st
Sep
7% Feb
15
«
$3 convertible preferred
preferred
8%
1
Salt Dome Oil Co
81mmons-Boardman
5% to
2,200
5%
43
:"l.25
Ryan Aeronautical Co
Ryan Consolidated Petroleum
Ryerson & Haynes common——
Sick's
Pacific Gas & Elec 6ft
41
41%
1
—
Silex Co common
Pacific Can Co common
Apr
Jun
■
21%
1
veneas
1%
38%
41
10%
51/8
5
—10
Russeks Fifth Ave common—
(R B)
Sentinel Radio
38
38
•
8'okiep Copper Co Ltd Amer shares
Securities
5,100
101 ft 103
100
Gas-
2
9Tb
9%
5
Inc
Rotary Electric Steel Co
Rowe (The) Corp common
Royalite Oil Co Ltd
Sentry
1%
Field
High
37%
Mar
£1
Amer
Bemler
O
Ogden
Low
23
>'
,
13%
1
•
48%
33% Mar
33
16%
Rsnfo Since January 1
High
Roeser & Pendleton Inc common-
Rolls:; Royce ■ Ltd—
Savoy
300
.
•
Northern States Power (Minn) w d__—•
Corp
Oct
23
Feb
400
1,400
1
Inc
11% July
12% May
9 % Mar
12
May
8 ft
8
Shares
Jan
1 '
1
Penn RR Co
50
Northern Indiana Pub Serv 5% pfd_100
Northern states Power (Del) class A-25
Aircraft
92
23
22
__
Low
Par
Salea
for Week
of Prices
Jun
105
540
325
Week's
Range
10% Jun
7
4,8(40
8
Airlines
Novadel-Agene
Feb
U
North
Northrop
Mar
27
%
100% 101%
•
common
Central
__
99% 100%
Light <fc Power common—1
American
Northeast
'
8
American
North
1
—
Mines
Class B
North
July
10% Jan
Feb
12%
450
31
•
Hundred Corp
North Amer
—
100
Niles-Bement-Pond
North
__
B
Nineteen
30
100
1st preferred
5ft
Niplssing
88
75
—
1
Hudson Power common
Class
*
Corp—
shares
Founders
Jun
lift
10
Merchandise
Y
N
—
31
10
Rosario.*-
Y
N
—
•
common
2%
9
*
common
Honduras
&
—
,
SaltFrioo
Exchange
Curb
High
*
Roosevelt
1
Mining Co
Friday
Laajt
STOCKS—
York
New
Range Stnee Janoary 1
Miak
81/*
685/«
—
69 %
1
Arizona Land
&
2%
—
20
25
New Jersey Zinc
New
1
Co
convertible preferred
4%%
Low
OCTOBER
Sales
efPricee
Par
ENDED
for Week
Range
Bate Priee
Exchange
Curb
Wert'i
East
STOCKS—
New
EXCHANGE
CURB
RANGE FOR WEEK
Monday, November 1, 1948
CHRONICLE
2% May
93
Mar
Ulen Realization Corp
Unexcelled Chemical Corp
1%
lOfl
—5
3%
1%
3%
4
„
Volume
168
Number 4747
THE
COMMERCIAL
NEW
YORK
RANGE
<
Friday
f
STOCKS—
New York Curb Exchange
h.
■ry
.
.
i
WMPI
'Last
■'
Low
CURB
FOR WEEK ENDED
CHRONICLE
U325)
29
Week'# Bang*
Friday
BONDS
Skaraa
New
Bang* Slaea Jaauary 1
Low
High
Yo*k. Curb
latwHt
Last
Period
Bale Prlee
Exchange
High
er
Gas
Union
of
Canada
•
Investment Co
7Vi
7
900
4
'6
Apr
881/4
Sep
Union Oil Co of California—
$3.75
Union
pfd series A___
Stock
•
Yards of Omaha
90 '/a
89 %
90 Va
8%
8% Mar
125
109
Jan
Hygrade Food 6s
series
6s
6"% July
Low
Products
United
Chemicals
United
Corp
United
Elastic
60c
com
'
common
3%
•
Products
%
13,600
A Feb
31
350
30
Sep
36% May
4,900
16
Feb
20% July
23
22%
23%
11,400
17%
Feb
23%
Oct
141/a
16
14%
Oct
30
Jan
A
24
Sep
25%
Jan
Isarco
275
Amer
United
NJ RR St
United Profit
10%
100
preferred
United
Shoe
$5
U
common
S
1st preferred
Radiator new
15
warrants
•
Reclaiming Co
Corp .com
381/2
Jan
7
Aug
10%
Jan
Jun
62'/.
300
2
4%
41/8
Oct
Feb
2,700
Feb
Feb
6%
Oct
8%
1%
200
1%
2%
600
2%
Apr
Sep
3
2%
40%
41
41%
400
37%
Sep
45
23%
23%
25
24
24%
600
2%
2,100
~2%
.1
2%
•
22
22
33
32
3
coupon)
$30%
-1957
J-J
106'%
102%
■'
30 3/a
31
30%
ctfs__-_
,.
.
f|
in 1:
lii
J-J
'
•
66%
33
16'%
3
33
30%
33
31
17%
15
17%
17
33
30
33
-1952
1'
7
32
31
30%
_
1952
l_
33
; 31
v
11
17^8
33
2
17%
30%
15
55'%
75
Interstate Power Co—
68'%
Hydro-Electric Co—
with Nov
Nov
ex
1940
1
coupon™ -1952
1947
1
$231%
-1952
coupon
Altalian Superpower 6s
25
20
28%
10
17
15%
——
$12
J-J
1960
J-D
Light 31/2S
.1969
J-J
-I960
F-A
-1902
A-O
-1907
M-m
Power
&
Corp deb 4'/2s__
Midland
Valley
17%
■
—
"l
17'%
$103
—
25
■
104%
108
—
5
$101% 103%
104%
107
109'%
101%
108
103%
RR—
Extended at 4% to
Milwaukee Gas & Light 4%s
New
k
May
England Power 3%s__
N Y
51/8 May
86
St
Ohio
Sep
64%
$105
64%
1
58
107
67
102%
106
Westchester Ltg
Power
mtge
M-Jt
4s
-2004
3'%s
1908
102
4
104
107%
102
102 Va
4
1011%
104
105
6
104%
108
100
J-D
«
107'AIT 07%
105
r
A-O
1st mtge 3s_
Jan
1-107%
A-O
-1971
1st
101 v*
4
100
103'%
"
—
—"
•
3% May
Park
-1904
Lexington 1st mtge 3s
Pennsylvania Water St Power 3y4s_1964
July
19% Mar
23%
Oct
231/a
Aug
29
Jan
2%
Sep
3%
19% Mar
200
Kansas Power
Jan
1962
3%s
_
McCord
Jun
1%
70%
io
Utah Power & Light common
3%
250
10
F-A
104 Va 104%
1955
coupon)
1941
escrow
103 Va
191/4 May
1,900
i
1941
Debenture
High
100%
100%
103%
,
,,'r
i
1941 coup)
F
Kansas Electric
July
1%
10
com
1%
11%
13
7%
80
7%
l
new
4%
41%
Sep
8% Feb
1,400
78%
;
7%
60o
common
38
5,500
15%
(Aug
Low
'J-
'
-1957
(July
January 1,
No.
Apr
320
9%
14%
80
1
United Stores
Universal Consolidated Oil
Universal Insurance--—
2,925
91/8
2
l
•
with
581/2
381/2
lOe
Securities
common
Universal Products Co
Utah-Idaho
Sugar
551/8
~9%
1
Conditioning Corp
U S Rubber
July
2
245
•
55%
25
U S Foil Co class B
U S and International
250
Sep
52%
20
Jan
%
28
common
.•
Specialities
U S Air
2461
10
Machinery
Preferred
United
246
25c
com
33
E
series
A 7s
A 7s
5% May
6% May
Canal
Sharing
A 7s
A 7s
dep rets ord regis
J-D
^ir
Sec—
C
(Dec 1
series
A 7s
19%
•
U-N
-195B
Power
series
A6%s
A 7s
Jun
70v
19%
•
common
Preferred
-1979
International
51/2 July
Jan
United Molasses Co Ltd—
A-O
Indianapolis Power & Lt 31/43.-,
30%
7
1949
Jan
19%
•
10
v
Jan
Jan
% May
I7?
Corp
United Gas Corp common
United Light & Railways
A-O
62
38% Mar
warrants
United Milk
4
3 V*
900
1949
B
Bange Since
Sold
High
'■A-
V
__Jan
97%
56% Aug
A6%s
United Aircraft
A
ser
Bonds
Friday's
Bid A Asked
';
.
Union
33
EXCHANGE
OCTOBER
far Week
•f Pri»««
Par
FINANCIAL
SalM
Rang*
Bala Frlaa
&
3 'As
Piedmont
Jan
A
22% May
J-J
Hydro-Electric
6'%s with Oct 1
A61/2S
Oct
ex
Public Service
1
92'%
82%
92%
104%
103% 104'%
~7
103%
105%
J-J
104%
104'% 104'%
1
103
106
1
19
Co—
1940
1947
$91%
J-D.
-1970
coupon. -1900
23%
23%
_
-1600
coupon
23%
$12
34
—
Elec & Gas Co—
V.-
••
'
6%
50-year
debs
-1998
J-J
152 Va
.1952
A-O
100%
152i% 155
-44
152'%
i
160
Queens Borough Gas St Electric—
Yalspar Corp
common
l
$4 convertible preferred
Petroleum
6%
5
Venezuelan
Venezuela Syndicate Inc
Vogt Manufacturing
7
20c
7
74%
74%
l
81
c%
■
3%
__
Oct
10
98
Jan
10 Va
Jun
5V4
Jun
2% Mar.
12 Va July
--
5V2S series A__
Jan
Sep
Feb
5%
800.
—
—
65/s
67
70
3,800
3%
•
■
700
.
7%
_
Safe Harbor Water Power Corp
Ban
11-ir
-1952
MS
113
1951
A-O
Steel
Bouthern
inc
-1905
MS
mtge 3s
California
Edison
3s
31/aS series A
1st
W
Waco Aircraft Co
1
Wagner Baking voting
7% preferred
trust
ctfs
$2
cum
Waltham
Watch
11
IV/4
|
«.
—•
Co
2
1%
2
6,900
1%
6%
11
1,850
8Va Mar
Utilities
$6
2%
2%
3
1,100
2%
e%
5%
1,700
1%
1 %
1%
200
1.25
8%
8V4
x8%
800
Western Maryland Ry 7% 1st pfd__100
Western Tablet & Stationery com
•
Westmoreland Coal
20
Westmoreland Inc__
154
'
-■»";
155 y4
'.v
38
'
-
■
Va
38%
&
Co
_1
Wichita River Oil Corp
Wlckes (The) Corp
Williams
Willson
Wilson
5%
-
(R
C)
&
Brothers
preferred
Winnipeg Elec
5
Co
•
1
common
w
1
w
25
common
*
Wisconsin Pwr & Lt 4'/a%
Woodall Industries Inc
pfd
100
(F W)
20%
21
10
10
-:v
10%
Va
United Electric Co of N J
14
Oct
18V2
Jan
United
Oct
16% Jan
75
5%
-
__
5%
28%
98%
98%
99 Va
20
65
100
10
Sep
14
13
Feb
22 Va
9%
"2 u
—/i;:
~
.
"ill
i«f
Interest
6% Aug
—
lii
.6,100
1955
or
Bale Price
/"
Rang*
Friday's
Bid A Asked
Low
104 VA
97 Vt
98%
High
98%
No.
Low
102%
96
99%
103 Va
A
107%
7
106%
J-D
98%
99%
90%
M-S
93%
1948
18
89%
91
70
95
81
15
104
16
103
106%
30
105%
703
78
102
J-J
1969
J-D
1976
J-J
1981
A-O
1962
Jf-N
1954
i-O
85%
851/4
81
82%
97
99%
1st mtge 4s
A 1st
ser
mtge 4s
■astern Gas & Fuel
Elmira Water
Ercole
Marelli
Lt
&
Elec
103%
103
8
98%
6
96%
971/2
15
96%
103% 103 %
__
103%
98%
__
2
103%
A6%s with Nov 1
A6%s
ex
Nov 1
M-N
1993
May
1966
J-J
1956
MS
111%
.y
—
97%
'V
63
63
44
44%
14
99%
7
$112%
coupon
$23%
1953
7
stamped
117
120
98%
103%
26
reduced to
101%
101% 101%
5
100%
102%
J-D
103
103
2
1021%
103%
1958
59 y4
53%
59 y4
38
56
61
60
7
v' '
January 1
No.
—
__
Low
'
High
«1%
65%
61%
62%
1
J-D
1927)
31
39%
6
58
84%
66
78
24
30
27
—
34
—
31
39ya
__
__
42%
44
$42Va
__
—
42
44%
22
25
62
81
25
25
$61 Va
—
2008
J-J
1997
/-J
2012
J-D
1919
M-S
1921
stamped
reduced
to
value,
a
transaction
(Plan
65
$26%
28
1
—
J-J
__
25
27
14%
15 Va
40
13%
15%
22'/a
22 Va
12
18
24
2V2
2'%
17
2V2
v
6'/2S
Deferred
(not
2%
1
__
used
in
transaction
x
year's
(not
Ex-divldend.
bid and asked prices;
being traded flat.
JReported in receivership.
Bonds
—
—
2%
2y»
3%
3%
(not Included in year'* range),
d Ex-interest.
range),
f Ex-distribution,
g Ex-stock dir.
hExin year's range),
r Transaction for cash
delivery transaction
Included
(not included in year's range).
14%
A)
2%
Under-the-rule
Abbreviations
8
15 V:
—
Government
n
5
12
.
2%s (ser ABODE)
par
2
__
$42%
__
stamped
Odd-lot
57/a
13Va
$33
__
J-D
principal.
__
ryy:
J-D
Janeiro
'
$24
A-O
1972
(Republic of)
70
74
51/4
—
Oct.
de
32y4
'
M-JI
1951
1931
•
I:
■'
M-B
(issue of
JFriday's
J-J
Range Since
Sold
—
$12%
5%
'■
2008
A5%s
31
M-S
Guantanamo & Western 6s
■'
M-N
is to
;■■■—-
103
2'/8S
7s stamped
Bank of Bogota—
(Plan A)
Interest reduced to 2%s
112%
1950
Bonds
—
68
$66%
__
J-J
'
1947
Parana
103%
1963
$47%
1952
V/V ••
1947
65
1961
High
/
>r:
1927)
ARussian
24
-i
.
May
•No
'
Friday's
Bid & Asked
32%
__
A7s
46 y*
97%
v?:
i
Municipal Loan—
(issue of
A
Grand Trunk Western Ry 4s
Green Mountain Power 3%s
4
$62'%
__
AMortgage Bank of Chile 6s
100'%
55%
29%
110
__
$12
J-D
F-A
Psru
Finland Residential Mtge Bank—
5s
1948
—
Mortgage Bank of Denmark 5s
101
Co—
1940 coupon__1953
1947
108%
$62%
__
A7s
115
__
98%
y
44%
J-J
M-JV
Interest
1993
Mfg
86
108
3 02'%
6
or
__
1953
109
$111%
A-O
1955
Rio
B
5s
72
106
Week's Rsnge
Last
5s
—
3%s
1
3
V.
Sale Price
5%s
Interest
Division—
RR
27%
— 4.
:
102% 103
rerlod
Jan 1947V
7s
Cons
AMedellin
—
A_
ser
__
83%
^
18
—-
119% 119%
!
Interest
■
Exchange
April 1946
Valley 7s
Mortgage
Delaware Lack & Western RR—
•
Curb
City (Peru) 6y2s stamped_1958
Maranhao stamped .(Plan A)
106%
Af-Q
1977
*
J-D
■
—
106% 106'%
$107%
F-A
27
')
Danzig Port & Waterways—
AExternal
6V2S stamped
88%
Debenture 3s
J
1960
External
107%
86%
103% 1041/4
106
N
A-O
-1959
_
20-year 7s
ACauca
105%
104
106%
of
York
A20-year
106
A-O
;1 Lackawanna
5s
$12
83%
.'
J-D
2030
ALima
105
1969
;
103%
Bogota (see Mortgage Bank of)
102%
93
1958
City)
98%
105
Debenture 5s
(Bait
MS
1954
5s
'•
M-S
Gas
■;
^
External
1970
■'Gen mtge 4%s
—
101 Va
__
Agricultural Mortgage Bank (Col)—
103%
17
2%s
debs_
$23'%
1956
Low
Danish
"
38
—
.
New
168
R
26'%.
Foreign Governments & Municipalities
111
series
26'%
$12
.
108
155
Q
30
High
109
(Bait)
.
BONDS
180
Pwr
16%
$101'% 101%
1
Range Since
January 1
109%
J-J
Consolidated
/.1.;mX* J>-Vl-
U55
1966
conv
•
$108
1954
2%s
/."•»
Q-F
&
.17
Friday
Bonds
35
105% 105 Va
Debenture 5s___
2%s
•«!>.)-V
J-D
Cities Service
ref
z
1998
El Lt
30 %
17
-1950
coupon
f debentures
s
•<•2% May
.
13
102% 103
105 Va
iCentral States Electric Corp—
A5s (20% redeemed)
A5%s (20 % redeemed)
1st
.
Sold
104% 104%
Af-N
J-J
y
Oct
6s
ref mtge 3s ser P
ref mtge 2%s ser
16
26%
Week's
Last
Period
1964
Jan
5
Jan
"Tin
1
Exchange
5s
17
Oct
1960
Edison
75
16'%
16%
Newspaper (Union—
6s conv
of Canada—
Steel
121
63
J-D
Jan
4,800
*
deb 5%s A
Atlantic City Electric 3%s
104
2
■
102% July
10%
22'%
5s
Assoc Tel & Tel
Western
Oct
10%
J-J
Gas
Jan
103%
64'%"
l-O
Washington Water Power 3'/2S__.-1964
May
19%
J-D
1st
Traction
19
1953
1st
Penn
Jan
Feb
1970
Consol
West
14
17
Appalachian Elec Power 3'%s
Boston
7% May
Feb
225
2,000
Associated
Bethlehem
Electric
17%
V;.y
Bell Telephone
5s series C
Penn
28%
122
__
J-J
1949
debs—
West
Jan
10%
£1
4%s
Income
12% Mar
16%
Friday
Electric
A 5s
11
11%
May
4s
coupon
Hotel—
Feb
3%
'
Co—
1940
Sep
2,100
'
^v" $v
1947
1
Waldorf-Astoria
Jun
20%
BONDS
Curb
Dec
ex
Feb
27
•
York
24 Va
28%
__
Ltd—
American deposit receipts
6% preference
Electric Service
A7s with Dec.l
10
6V2
mrnvm.
96%
114%
:
64
Hydro-Electric Co—
a
10 Va
101
100'%
«-«.«
'.
64
'
10
98
f
V-"
1101'% 103
$120
A6V2S with Aug 1 1940 coupon.-1951
A61/2S ex Aug 1 1947 coupon--1953
Jan
l
Wright Hargreaves Ltd
New
Tern!
25 Vt
800
10%
*'
'
1940
Jun
17% Mar
105%
/'■.i
Industries—
stamped
Mar
vi-«...
__
2nd
-.1940
33
200
■■
A-O
■
$1031/2 104'/4
A-O
1960
.
stamped
(Hugo)
A 7s
20%
trust
•20
2%
105%
101%
10
Apr
May
29J/4 July
40% July
2
Woodley Petroleum
Woolworth
161
3rd
A7-4s
May
115%
800
1051%
103
w—
$99'% 100%
M-N
1950
Btinnes
'
101%
101%
56
104
....
104% 104'%
J
1989
2% May
Feb
50
3
2%
—
F-A
,
114
97%
—
3'As
5s
(Hugo)
A7-4s
"
10
Inc
Products
14
14
J-J
-1970
101
113
Corp—
10
25% Mar
150
—
l
(A G)
Btinnes
140
40
(Calif)
Elec
&
A-O
Inc 5s
Jan
'f
;
Gas
~2
102% 102%
.
103%
99'%
—
113
$103
1:,
.
-1970
mtge 3s
Apr
7% July
Feb
3'%s
Gas
AStarrett Corp
5s
collateral
112
10
Weyenberg Shoe Mfg__
1%
Jan
102%
F-A
-1971
Counties
Bpalding
6V8
Oct
6% Mar
•
1st
$99'%
J-J
3s ser B
Southwestern
Feb
Jan
13
2% Mar
l
preferred
2%
Apr
5%
Manufacturing
3% May
11% July
110%
July
11
1
West
iWm)
Feb
106
30
Wentworth
Whitman
Feb
8
800
•
1
Ward Baking Co warrants
Warner Aircraft Corp
Texas
l7/a
31
M
Bouthern California Gas
•
100
preferred
ref
Bouthern
ext.*
Waitt & Bond Inc
&
98
$101
Joaquin Lt St Pow 6s B
Bcullin
15 % May
4
iqo% 100%
3s_1981
no
sales
Included
y
Ex-rlghts.
being transacted during current week.
|
above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"w L" when issued; "w w," with
warrants: "x w." without warrants.
34
&
COMMERCIAL
THE
(1826)
OTHER STOCK
RANGE
WEEK
FOR
CHRONICLE
FINANCIAL
Monday, November 1, 1948
EXCHANGES
ENDED
OCTOBER 29
Week's
Friday
Baltimore Slock
Last
Range
Sale Price
of Prices
'
Par
•
•
100
Arundel Corporation
vtc
Baltimore Transit Co common
1st
Low
13%
245
41
400
Jan
Mar
5
23
Jan
107
107
20
107
Sep
29
138
Sep
160
218
4
X217
Coleman
May
310
Sep
Service
Co
(The)
July
Oil Co____
American
North
51/®
Apr
3,350
Fidelity
45c
—
—
45c
51%
335
44% Feb
51
$5,000
43
Jun
68
Jan
53
1,000
45
Jun
77
Jan
Jan
25
Feb
Aug
30%
1.15
Jan
52%
Jun
45c
Domestic
Oct
Flour
Mills
of
Fox
Brewing common,
(Peter)
Transit
1975
,1975
4s
Co
50%
53
—
>
—
General
Gibson
Auto.
Corp
Week's
Range
for Week
of Prices
Friday
Par
Agricultural Chemical,—
American Sugar Refining
Tel
American
Copper
40%
Sep
52%
39%
15
36%
Sep
39ys
Oct
152% 153 V*
152%
3,103
147% Mar
158%
Jun
1,120
36% Mar
V®
37%
38%
20
57
Feb
40%
17'A
200
Feb
Bird
'
Son
Inc.,
Boston & Albany RR
&
Edison
Boston
Elevated
B%
1%
21%
21%
8%
stamped
Property Trust
Personal
&
100
Providence
4
100
100
6%
preferred series B
5%
Eastern Steamship Lines Inc
Roy ale
5%
1
RR
Jan
200
21%
34 Va
54 Va
55%
45.30
45.70
42%
2,268
34%
505
15%
190
6'A
140
Nash-Kelvinator
5
England
New
North
Tel
Butte
Northern
40c
370
10%
5
36c
36c
2.50
86%
110
50
19%
Qttfncy Mining Co
25
6%
39c
6%
Machine
Shawmut
Stone
5%
Association
•
:
United Fruit Co
U
S
Machinery
preferred
Rubber
com
Co
Corp
28%
43 Va
54
7% Sep
14% Mar
25c
8%
83
13%
25
15%
37%
30
53%
53%
54%
55%
55 Va
58
38'A
38'A
5
47
47%
165
Last
■
4,136
975
14
27%
30'A
50
1,215
Admiral
Corp
Advanced
common
Aluminum
Aetna
Ball
Allied
Laboratories
American
Bearing
Tel
&
_
1
__
18'A
—5
Castings
5%
*
54c
'
96
30c
Oct
16 V®
3%
85c
&
Asbestos
Co
Co
Feb
Oct
13 V®
Feb
16%
Jan
Sep
11% Mar
18 V® July
Sep
41
May
35% Mar
42
Jan
58 V® May
48% Feb
52%
Jun
62%
Sep
40%
Feb
49 V®
Oct
15%
Feb
33 V®
Jun
Mfg Co
Athey Products
Aveo
_
Range
Shares
Low
17%
18 Va
5%
1,400
5%
300
7%
Oct
•
::
3%
Feb
9%
Feb
6V® May
12% May
Oct
26 ¥a
20%
100
20
Barlow & Seelig
Bendix
5
8%
1,800
148
Mar
158%
8%
1
capital.
1,800
8
Oct
15
1%
4
...
_
i''
3
7%
class
A
Binks
Co
(George
Borg-Warner
Brach
&
1%
Feb
100
6%
July
7%
3,800
4%
Feb
18
-.1
(E
16 V®
250
35%
35%
100
9Vi
9%
200
--
120
,
_
common
Jan
7%
Oct
30
Jan
Aug
15V® Aug
31% Aug
8%
Oct
18
Mar
13% May
9%
Apr
13 V®
Sep
200
45 V®
Feb
66 V®
July
25'A
25 V®
25%
250
—
—
'
15
15
'
50
17 V®
350
11
11%
1,000
4
4'/a
250
—
__10
17 V®
■
Central
111
Cent
S
&
For
Secur
W
Util
footnotes,
Biscuit
Corp
common
see
___1
common
common..
page
42.
_
1
..
50c
•
''
—
xll%
1%
xll%
1%
11%
250
3,500
25
12%
7,100
12%
6,150
14%
450
50
Sep
25
RR
class A__i.
Elec
Co
16%
30
Jan
May
32% Mar
37'%
350
19%
19
120
15
'
15
4% May
Jan
Mar
35
Feb
24
Oct
May
19
Jun
May
May
-9
8
Roebuck
Prod
10
6%
Jau
10
650
19%
Oct,
21%
13 V®
150
13-
Aug
May
24% May
21'% Jan
20%
1,100
Feu
22
113
7,800
8%
100
22%
13 V®
v
19 V®
19%
■
■
1
16%
May
'
-1
Oct
1
Sep ' ■■■'
HI!
Oct
11 Va May
•
•
32 V®
110
30
Jan
35
32 V®
32 V®
50
27%
Feb
34 % May
1
12%
12%
12%
50
11% May
capital,^
•
42 V®
40 %
42 V®
3,000
1
14%
14%
15
250
10%
•
31%
29 V®
31%
550
26
*
13
13
13%
400
11%
*
25
26%
1,400
capital
*
capital
32
.
'
1
common
Works
32
•
common
Clothes
Lathe
7% Mar
1,450
a%
x21
■
B common
Corp
Brand
Bend
1,400
9
9
V®
capital
Co
&
9%
8%
•
-10
lo
common
Cummings
25-
*
•
-r,.
28
2
Dredging common
Forgings common
Oil of
25
5
3V®
Corp
common,,,,
Container
Corp common
Mach Tool new com
Oct
15
Oct
Feb
34% July
14% July
Feb
32
Mar
15%
Jun
8%
6
2,100
Mar
Jan
29
Aug
7% Mar
800
•
Jan
42%
Feb
25
100
10%
July
15
Feb
32
500"
7 Va
'
3
14
May
2% Mar
3%
Jan
Jun
10 %
10%
100
9%
Feb
11% May
45%
45%
47
500
x37 %
Feb
53
12%
l
Ind capita)—
•
7
28
20
Standard
•
28
10
5
common
13%*
13%
100
7%
1,500
10%
1
7
7
-
Jun
16% May
12%' Feb
xG%
Oct
9 %
Jan
5
11%
12
650
10%
Sep
13
25
36 %
31%
700
29V®
Sep
36%
Jan
Swift International Co Ltd ctfs of dep.
12%
12%
100
12%
Oct
21 Va
Jan
C9%
60
400
52% Feb
66%
Feb
'21 %
Sundstrand
Swift
&
Co
Co
Texas
stock
(The)
25
Corp
Trane Co
208
capital
5.
South
La
Salle
St
Corp,,,-
1-9
19
2
,
(The) common
Union Carbide & Carb
United
U
S
Air
Steel
Lines
25%
2?%:
•
37
380 *
44
Mar
48
Jun
400
39
Aug
43
Oct
100
11
Oct
1,000
46%
25% Oct
68
Mar
18% May
86% Oct
,
12%
83%
63 %
80%
30
200
15
15
100
*
85
85
•
10%
10
85;
10%
•
16%
14%
3%
300
7 V®
7%
1,300
6%
Oct
15%
14%
15%
600
12%
Feb
16% May
'37%
37%
38%
700
30Vb
Feb
41
32 V®
400
26%
Feb
30
*
common
capital
V
16 %*
-
:
25%
•
33 %
Feb
13%
Mar
Jun
80
450
Jan
18% May
85
Jap
10
70
Feb
11%
J ah
%
Oct
12% July
1,000
16
Stocks—
Alleghany Corp
3%
American
Air
American
Radiator & St San
1
Lines, Inc
*
com
'
Anaconda
Armco
Jun
Jan
Jan
450
43 V i:
Westinghouse Electric &.Mfg com__12i/2
Mach
.
16
1,150
27-
12%
•
Inc
'
July
42%
42%
10
common
Stores
'
19%
<
46%
capital (new)
Inc
Copper
50
Mining
Steel
Corp
10
—
Atchison Topeko & Santa Fe
30
30
..100
"-'
.
Bethlehem
Steel
Columbia
*
Rights
common
Pacific
Certain-teed
Co
Ry
•
V
'
;iy
tix
*"*
;
?..
4% May
2% Mar
9V4
Jun
•
May
32% May '
118% Aug
92% Mar
i
30%
.200
13%
300
14
500
15%
12^8
12%
10 V®
Feb
10,200
%
Oct
15/64
Oct
8%
8:lA
9%
500
6 Vs
Feb
lO'A
Jun
10 V®
10%
900
4%
Jan
12% July
A
i—ul
.
;
Oct
Jun
19% May
14% Jun
15%
A—i--.--
Connnental Motors
f
Sep
39%
18%
Feb
Mar
16%
12 V®
•
(The)..
1,000
15 Vb
38%
25
1
39%
15
38 V®
,.
—
„
System Inc
Gas
w
new
__
Products
15
May
Public Utility
»
15/64
6%
North
American
62
RR
10% July
31% Mar
300
12% Aug
42% May
14 V® July
~6
400
19
1,200
14% Mar
17 V®
1,200
12%
3%
5
18%
•
capital
16%
zirio
Co
.'
......
r*!?->•>'!''»
—
—
..
i
Oct
5%
4%
Feb
;
6% Mav
21 Va
Jan
Jun
18% July
Feb
16%
14% Mar
;
Jan
Apr
•
Jun
Packard Motor Car
Jun
Apr
Pan Amer Airways Corp
Paramount Pictures Inc
9% Mar
15 Va
Jun
Pepsi-Cola Co
Jan
2% May
Oct
11%
5% Mar
1,100
13%.
"5%
—4
17%
6
200
42%
13
Graham-Paige Motors
Laclede. Gas Lights,,,
Nash-Kelvinator Corp
New York Central
6%
41%
41%
Corp
18%
Feb
Oct
Feb
24
24"
•
common...
34
IV®' Feb
14 %
22
48% Mar
50
50
Coke—
&
Sep
8%
Oct
Feb
26
5
capital
Sep
12% Mar
Sep
12%
15
Apr
100
25
16
3%
Jan
200
.Jl
,'1
common,,..
commfn
Co
Louis Nat Stockyards
Stone
15%
7% Mar
12%
Oct
29% May
22% Mar
7% Feb
700
300
2%
common
Steel Car
Pullman
Carr-Consolidated
37
35
*
common,,
Light
.
17'A
Oct
40
Jv
350
1
Jun
37
37
59 %
•
850
12%
Apr
74%
29
Farnsworth Television & Radio—
14%
.2%
Ring common,
Burton-Dixie Corp..,
Butler Bros common
10%
Jan
200
34 %
General
62 a4
300
Feb
44%
63
58
General Electric Co
11%
53%
Sep
8%
29
Oct
62
53
Jan
14%
11%
*
36%
14 V®
53%
8%
200
14 Va
Jan
11%
•
capital
300
1,000
Oct
40
14%
9% Mar
Jun
9%
'
20%
62
'
Piston
2% May
8
11%
5
_
Bruce Co (E L) com (newi
Burd
16
700
14% Jan
11% July
19% Jan
4% July
64% May
Standard
Jun—
May
1
Corp.
J)
37
16
Oct
Jun
10
capital
Wi
18
35%
16
*
10
common
Corp
Sons
1,500
6%
7 V®
35%
Co
Brewing Corp..
Mfg
Borg
1%
6%
37
5
conv
common
Aviation
Berghoff
8%
8%
10
-
12
1,250
18 %
200
Jan
15%
i
w
Standard
'
High
Feb
8%
8%
2% May
20
preferred
Gas
Unlisted
Range Since January 1
34%
1ft
Coal
prior
Yates-Amer
for Week
Sep
23% Mar
10
common..
Cumulative prior preferred
Wisconsin Bankshares common
High
26%
12%
12%
11%
common
Curtiss-Wright
Bastlan-Blessing Co
Mfg
_
common
Corp
Manufacturing Corp..
Belden
_
Shoe
Spiegel Inc
Sales
of Prices
900
37
•
*
Jan
25
30%
24%
37
5
common
Manufacturing
South
Jun
13%
Oct
9%
10
Co
Bancorp
Bush
Society
Apr
38%
1%
62
*
Signode Steel Strap common
Sinclair Oil Corp
Apr
38
160
Mar
15
9%
♦
common
Car
Stewart-Warner
6%
34%
152% 153 Va
153
capital- ,100
common...
Co
Standard
Canadian
Armour
&
American
Shellmar
Apr
22% May
Sep
10
Sears
Jun
Jan
125
Aug
Feb
Feb
5%
10
*
,7
Co capital
Serrlck Corp class
Mav
14%
42
19%
8%
•
common,
May
May
Juiy
28
1%
30
l
5
16 %
750
4%
Schwitzer
Jan
Oct
'
30%
•
100
6%
4%
Sangamo
Apr
12 %
July
Mar
107
11%
•
common.*
new
x21%
800
5%
30
Pressed
Jun
10% Apr
20%
common,
common
Tel
Week's
Low
"
21
9«
150
Chicago Stock Exchange
Sale Price
37%
20
•
1
14%
Thor
14
■
37%
20
100
com
common
26%
Wieboldt
Par
Feb
14%
Rights
Jun
21V®
7% Mar
37%
STOCKS—
9%
common
Pennsylvania
Jan
41% Mar
2Vi
£ 37%
Friday
200
26%
Peoples
Oct
Feb
Feb
38
27%
12%
common
Penn Electric Switch
Sep
Oct
285
12%
12%
1
5%
Sep
lVa
16%
•
Electric
17
71
5%
37%
10
.
Waldorf System Inc
Westinghouse
.
16%
,25
.
Feb
31% Feb
150
6
36%
.
Sep
12%
11 Va May
Jan
Oct
3
*
St
.
130
l'A
5%
15%
__
_
5
Drill
Shoe
•875
37%
*
Union
6%
6%
25
Inc
•
United
833
•
& Webster
Torrington Co
Twist
10
20'A
1 Va
10
2.50
3,900
110
19 Va
Folding
3,856
84%
_10o
Rexall Drug Co—
4,400
9%
9 %
Pennsylvania RR
Reece
361
10%
86
100
H)_:
(N
9%
45
8%
19
17%
30c
1
Mining
RR
17%
20
100
& Tel
& Hartford
Haven
8%
1
18
200
Oct
70
180
3%
•
Peabody
Apr
13%
65
4%
60%
Jan
18%
•
Chemical
Oak
Jun
Feb
200
11
18
Brewing Co com
Manufacturing common
Nunn
39 Ve May
Jan
Sep
10%
preferred
Northwest
42% May
Feb
3Va
10
Y
46.35
28
42%
50 Va
New
Feb
31% Mar
600
50 Va
N
38.90
Oct
Jun
20
•3%
Montgomery Ward & Co
59% July
49% Mar
14
12
Sep
—10
capital
Oct
18% May
Oct
18
1%
*
Sep
.19
Sep
11
Products
Field
prior
North
Oct
100
0
System
35
13
38% May
49 Va
Oct
,1
,
Minneapolis
26% Jan
Feb
3%
Mergenthaler Linotype
Narragansett Racing Assn
Cos
Aug
350
1%
Oct
65
100
Co
Feb
9% Mar
14
1,450
.
19
Jan
7% May
65% Oct
Feb
28
14%
100
10%
18%
19%
May
16% May
500
14
9%
•7%
Jun
16% May
9% Jan
39
^50
15%
3%
Apr
50% Mar
100
Monroe
Oct
26%
60%
215
Electric
95
1,500
2,500
/AA/ioo^.
Modme
Sep
3%
100
65%
14
18%
Corp
Steel
National
4
cap
common...
Drug Co
$1
79% May
Sep
58%
,15
*
common
-
new
West Corp capital
Miller & Hart Inc common vtc
Sep
19
466
Co
Middle
Jun
26 V*
22
41%
34
42%
34%,
Werner
Marshall
May
64% Jun
Sep
17% Aug
20
55%
5
i
Brew
Mapes Cons Mfg
8 Va
74%
245
34 Va
•
•—
Service
18
Sep
2% Feb
70
21%
10
2%
%
Aug
"74
60 'A
150
♦
Chemical Corp
Engiand
Aug
31% Feb
60
43 Va
New
Aug
10
Feb
5%
300
40%
National
51 Va
13% Mar
195
c
Mathieson
Feb
Sep.
34
40
101
26%
Co
1
12% Aug
95
.,.1
".
Co
Copper
preferred
Oct
7%
21%
34 Va
•
Copper
Central
Maine
7'A
250
69
Printing
Instrument Co common
Libby McNeil & Libby common
Lindsay Lt & Chem common
Aug
12
4 ?Z
'
Mar
-6% Aug
xl5
(G)
Leath & Co common..,
Aug
10
25
—
Employers Group Assoc—
*
First
National Stoves——_—;——*
Corp
11
90
preferred adjustment,—100
Razor
Sep
5% Mar
5
54%
F)
Kellogg Switchboard
"
1st preferred series A
Electric
6%
230
6'A
67%
(W
International Harvester
Mar
180
16%
52%
100
Kennecott
28
5
70
Street Ry—
Common
Isle
Oct
:21
7%
6 Va
100
Eastern Massachusetts
General
v
32
16%
11
100
Warrants
21 Va Oct
110
11
5
Service
Gillette Safety
Sep
1,045
70
16%
•
100
RR
Calumet & Hecla
General Capital
18'A
9%
11
600
6%
.64%
11%
•
common
43V® May
9%
%
9
11 %
11
19
Dk
&
Independent Pneumatic Tool
Oct
Feb
8 Va
8
unstamped.,100
Boston
127 %
Mar
36%
655
315
7
18%
Dr
29% Mar
400
*
Lakes
Sep
7%
49%
Katz
i
49
8
7%
1st pfd
1st pfd
Boston
6%
45 V®
45Vb
100
D
class
Cities
22
20%
•
115
Jun
7%
7%
49 %
21% Jun
RR—
Maine
class D
10%
,10%
21
20%
stamped
100
class B 1st pfd stamped,—100
class C 1st pfd stamped
100
5%
'
&
prior preferred
class A 1st pfd
7%
•
1,649
100
Stamped
■
42%
Jan
40
Jan
39
Sep
Sep
*
Indiana
90
41%
Railway-
Boston Herald Traveler Corp
Boston
125% 127%
125%
42
100
28
Boston
Aug
10%
,
13
11%
llimois Central RR
Jun
34
•
100
34%
Illinois Brick
'
Mar
50
14%
6%
1
Hupp Corp comroon,.,,,,,,,.,,,
July
30%
388
20
—50
—*
45
41%
42 %
25
,
39 Vb May
100
%
Hem
Jun
Aug
July
2,250
34%
Border's Inc
226
23
25
2%
.
10
Heileman
High
41%
38%
Wcfolen
Anaconda
Low
High
38%
-100
Tel
&
American
Low
•
100
Amer
Apr
50
14%
11
Hammond
Range Since January 1
7%
6% Mar :'"-
200
4,500
36
*
Hall
Shares
Jun
100
Great
Sales
Last
Sale Price
STOCKS—
63%
y
Safety, Razor common
Goodyear Tire & Rubber common
Govss&rd Co (W H) common
;
Exchange
Feb
2%
1
Gillette
Boston Stock
;
21
-
1%
Motors Corp common
Refrigerator Co common
32
8%
36
36
.
.10
common
Jan
Jun
400
34
8%
.5
Drive
,v July
80
65 %
■
1.
Inc.
'13
Feb
Mar
Oct;
28'
34
'
5
—„
America
General Finance
5s series A
[
Jan
66
Feb
;
7
.
1
Jun-
65%
27%
10
class A
Cprp
7
64%
7 %
52%
54%
28
25 Va
14% May
500
A
-
26%
27%
•
\
.
200
High
'
Oct
a% Veo
i-:V. 73
67%
51%
Low
Xl6%
50
60'
i/T
*•••
'•
10
66 »;
51%
i.
"
GO
25
(new)
Corp
Credit
High
9%
67%
2%
common
Four-Wheel
BONDS—
Baltimore
50
10
"
Doehler-Jarvis
Jan
106
105
65%
common,,
Dodge Manufacturing
40*
100
50
65%
*
5
Edison
Oct
50%
—
50
Guaranty
&
105
105
30% 30%
—
2
25c
Casualty
Amsterdam
U 8
100
preferred
prior
6.75 %
New
5%
-5
—
500
common
Consumers Co common
100
,
12%
Co Inc,
Commonwealth
Range Since January 1
; "•
17 1
Club Aluminum Products Cot com,
112% July
152
Vernon-Woodberry Mills—
Mount
'
17
preferred -L,,_
,
Maryland & Pa RR
'•
•Low
11%
-Chrvsier
Cities
152
218
Shares
.',6
common,
Chicago Mil St Paul & Pac vtc
Chicago Towel Co common,,,,
Corp
(new)^
Jan
Apr
100
America class A
for Week
of Prices
Corp common
Convertible
Jan
16%
2
12
Corp
Burrell
cnicago
High
20
Fidelity & Deposit Co_
Finance Co of
—
Cherry
Range Since January 1
High
14% 15
2,90, 3.00
17
17
2.90r"-
preferred vtc
Consolidated Gas Elec Lt & Power
Co of Bait 4 % % pfd class B
iOo
5%
Low
Sales
-
Range
Price)
Par
Shares
Week'a
Sale
-STOCKS—
^
Sales
for Week
Friday
STOCKS—
Last
Exchange
Pure
Radio
Oil
__
new
com
Corp
4%
2,800
9 V®
9%
200
1
20%
21 VB
600
of
common
9%
America
Radlo-Ke Ith-Orpheum
common.
•
Oct
11% May
26% May
300
9 Vb
%
700
x25 V®
12%
13%
2,200
23 %
Sep
='
12%*
8 V®
.
7%
8
V®
400
Feb
8
Feb
6%
Oct
Jan
45
.
Jun
42
42% July
•
:::ii
Feb
36
9%
*
(The)
5% May
4 Vb
8%
18% Mar
35 %'
,4"
-33%
Inc
Co
4%
4%
"2%
May
Jun
15
11V4 May
:
;
". Volume
168
Number ¥*T47
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1827)
35
OTHER STOCK EXCHANGES
RANGE
FOR WEEK
ENDED
OCTOBER 25)
'
"
V
Week's
Sales
Range
Friday
-TV*>':•
•
for Week
of Prices
Shares
■.
...;L»st
■
STOCKS—
Sale Trice
1Pdr
Republic Steel Corp common
Rexall Drug Inc
_-l
Schenley Distillers Corp..
Socony
Vacuum
Oil
Co
Inc
"imnrr
Oil
19%
C V«
19%
High
'Feb
33%
20
•
7% July
32% July
23
3,900
'79%
•27%
27
I
100
13
-
69%
Feb
91
Feb
15% May
16% Mar
1,900
Jun
29
1,200
9 v*
Feb
3%
17.500
2%
Feb
12%
300
Oct
Ford
15% May
3% May
12%
—•
Exchange
Chicago Stock Exchange
Building
17% May
12
"New Ydrk"Curb
Detroit Stock Exchange
Jun
13%
3%
—.
Members
Jun
New York Stbdk Excbkhgb
'79%
25%
Feb
11%
_1
—
WATL1NG, LERCHEN & Co.
Oct
5% ;Sep
26% Sep
14%
600
—1
'
-
.common
23
1,200
'
-25
;
Corp
Wilson & Co
Low
33%
5%
■>'.
_15
1
Corp common
Corp.
.—a
Range Since January 1
High
32
1%
.
United
32 %
2Va
Standard Oil of N J—
Standard Steel
Spring—x..Studebaker
Low
—•
DETROIT
Telephone:
WOodward
2-5525
Cincinnati Stock Exchange
Friday
Last
Week's
for Week
of Prices
/
V?'';p■
'American
Laundfv
Beau
Tar
Machi—•
—.
C
3%
3%
5
5%
5%
35
19
Ga«
Elec
&
-i'-*-*
common
O
&
T
P
&
Sub
3% Aug
4 %
5%
Apr
7
May
May
23
28 %
48
94-
STOCKS—
Jan
Apr
Feb
American
New
common
Metal
95
100*
100
5%
—.50
Products
26%
Jun
Jun
^Baldwin
Jun
Brown-McLaren common
Oct
common
Jan
80
May
73
102%
Jan
5
168
Mar
> 80
old
Feb
com——2
2%
26 y2
26%
400
19
Feb
26%
-13%
655
•13
Oct
13 Va
Oct
9 \\
125
9 Va
Oct
10%
Apr
XV'*
600
l'/8
Sep
-16%
260
1% May
17% Jun
10%
25
6%
13
9%
1
%,
10%
Apr
13
1
Burroughs Adding Machine
Chrysler Corp common
Consolidated .Paper
Jun
Continental Motors
Jan
IVi
•
16 Va
2'/2
59%
com—
16 y»
59%
59%
1,250
9
9
Formica
■
Hobart
Kahn
pfd_w»—*—----^50',
(—
Insulation
Gibson. Art
Mfg Co
(E)
I
Miami
Meteor
Procter
&
—50
1
I
Gamble
47
Oct
58
Jan
Detroit
Gasket
20%
14%
16% Mar
100
13
48%
110
46"% Mar
'47%
'93
48%
267
40"%
93
66%
&
:"y":'
i.—
<fe
153
17-
57
Aug
General
270
40
Jan
49%
Apr
Gerrty-Michigan
Sep
50
Jan
62 %
FebJan "
6%
V, 3
45%
Gemmer
12%
Cash
l
Register.
65%
10% Feb
33a Oct
14%
Goebel
Sep
Feb
3%
Jun
50
10%
10%
28 VB
95
42%
42%
■
71
64%
.
>.;
4%
238
34%
•
Mar
17%
80
12%
27%
Feb
•19%
v-
20
18%
'
19% %'
Vacuum
32
Standard Oil
Oil
i___15
•19%
(N J).
16%
Feb
20
9%
Sep
23%
7%
Feb
15
90
14%
Feb
23
Roller
48%
Bearing
Steel
-
48%
87%
102
23%
50
Feb
45%
20
84%
28%
69%
Feb
92%
Electric
_
—
_
12.50
.
■
' j;r
.; ■
67% lyiar
26% Feb
•:
87%
•
Motor
•
American
Coach
Americnn Tel
&
&
Tel
Electric
Apex
Mfg
preferred
Prior
"i
Parke
Sheller
•Udylite
Cleveland
Cliffs
Cleveland
'
21%
160
100
al52%al53%
170
1
all'/a all y8
40
105
31
:——100
Iron
.25
105
a:38% a38%
:
_T
common
Lo4^»'
17%
Electric IllUmln com——-*•
18
Tube
class
Aircraft
Scrfew
Oct
107 %
37
Jhly
12%
FCb
18
215
34%
Feb
42%
Oct
Bandinl
Petroleum
Jun
34%
a42% a43%
Apr
Barnhart-Morrow
36
41 Va
Atig
51
Jan
Basin
Erie
Railroad
Rubber
Firestone
Tire
>~48%
::.
i—
»
Rubber
(Un).
49%
408
327/8
Feb
50%
Oct
69 V8
30
47%
Feb
69%
Oct
a
92%
10
78
Feb
92%
Oct
15% al5%
5
9%
49%
ff
60 >
General
Motors
Glidden
-
Electric
Co
>
156
632
95
Bros
Cooperage
class
preferred.;
-Materiake Iron (Un)T
Interlake Steamship
Jones
<te
Laughlln
A__—j,--*
'—5o
-r-
14%
V
Lamson
&
Sessions-"-
McKee
(A
Medusa
Portland
class
G)
National
v:
Tile
&
v.
-Edison
—
Van
Dorn
Warren
White
'
.
RR
(Un)——-
16%
common
(Un)
Teb
15
Dresser
24%
Jan
35
33%
Feb
42
4% Mar
-
.2%
.
6%
Feb
5
12%
Feb
Feb
34%
26%
Feb
43
-Jun
208
16%
Feb
22
ye May
32%
(Un)
43%
43%
10
a28
>
11
World Publishing
Youngstown Sheet & Tube_
-
_<■
33%
"
16%
a88
42.
Products
Corp
16%
a88y4
Inc..
;
Products
^
-
Corp
1,046
5
2,455
12
16va
—
16%
1,590
2%
16va
12
2%
3
_
Oct
Oct
8
%
6%
Jan
11%
Oct
.'16% Oct
Oct
.3% May
2%
500
Feb
2%
Sep
Va Jan
23% Jun
—
21%
21%
100
10Va
10Va
10%
865
9%
Oct
1%
1%
250
1%
Feb
1%
;'-l%
400
1%
Sep
—
>;
-
Jan
8%
.
Feb
12
17% Mar
Week's
_
Range
of Prices
12
Jan
2% May
2%, Jan
Low
6
Week
Shares
Range Sinct January 1
High
Low
4%
6%
11,415
24%
*24 Va
215
21%
~62%c62%c
100
52 %c
16
15%
16
al5
al5
•
__
'6%
7
Jun
Jun
15
10%
Feb
25
15 y4
July
20
Mar
845
6%
Feb
8
Aug
7%
Feb
8%
2,575
11
11%
1,116
a39Vs a39%
10
28
•
•
Jan
29
29
100
20% Mar
31%
157e
206
13%
Feb
20 Vb May
00%
62
706
54 Vb
Feb
65 Va
Jun
6
6Va
500
5%
Sep
6%
Sep
a21% a22%
470
22%
Oct
6
-
*
a21% a21%
8%
75
12% Mar
16
Feb
7%
*
8%
3,401
5%
40%
300
29 y4
Feb
10 Va
400
12
9% May
50% Feb
1
10
a60% a60%
20
\
12%
61
Mar
Jan
30%
Jun
13%
310
•12%
Apr
14%
60c
Feb
Jan
51
Mar
29%
29%
50C
24
Feb
47%
47%
47%
290
39
Mar
Oil
Co
class
A
6%
*
*
com
.5
•
Hunts
Motor
Foods
Co.
Car
Inc
1
6%
•225
295
Kaiser-Frazer
May
Apr
887/a' Oct
.
Petroleum
Kern
County
Lane-Wells
Lincoln
,...
33y2c
Corp.—
5% Mar
Petroleum
5
Los
10
46
1.25
100
Jun
Jun
65%
Oct
36% July
48%
131
Oct
July
100
4%
2,225
18 Va
700
15% Mar
14%
610
12
Sep
18% Mar
9
Oct
17 Vb
Jun
1.70
Jun
10
2,130
1.25
a29
1
,
Feb
:
13%
10c
Co
Aircraft Corp.'..
Angeles Invest Co
92
11%
15%
v
10%
9
1
-Lockheed
192
Jan
Jan
Mar
10%
1.30
700
10
10%
1,590
45%
46
1,070
a29 a29y2
167
9
10
1
Co
—
131
320
17%
6.66%
Corp
Land
Co
131
95c
Feb
4%
-
—
4%
•
common
Jan
21 y2
10
Hotels'Corp
Oct
Aug
383
625
Hancock
Oct
49
24%
1
Co common—*
8%
.24%
1,838
Hilton
% May
24% May'
'... 21
22%
Apr
40 %
*
10
Jan
15%
„
2
1
Jan
Jun
13
Corp
common
'Holly Development Co
3
..
15
38%
65%
(The)
Oct
:.*•
18%
Oct
Feb
12%
Radio
Corp
87%
Oct
16%
10% Mar
64%
&
Motors
Jun
38% Jun
77 %c Jan
Feb
64%
Tele
Corporation
67% Mar
33%
Sep
7%
Feb
1,425
7%
liy8
High
4% Sep
'
6%
♦
1
Sales
'for
30
Intercoast
Feb
Jan
2,000
Independent Exploration Co
65%
33%
80c
Oct
...16.,,.. Jan,
3
Jun
Jan
3*%
■
Jan
3 vb
309
Hudson
Ffeb
Mar
490
17
3%
6%
500
29% May
22 va May
Oct
25%
1,750
6 Va
May
F'eb
75c
Apr
2
2,428
Jan
July
3
305
jun
17%
26 Va
6y8
—
2%
100
305
47
-
3
12%
35
r
19% Aug
13
Sep
402
2%
13 %
Feb
: 77•
166
20%
15 V2
4!4
.<
6Vb
50c
Feb
50
•
5
20
Engineering Corp
Feb
10
Jan
26
20
^1
common
24%
30
"
26 Vb
1
*
Iron
&
22%
'41
200
"
21%
2'/2
2.50
330
2
18
May
125
27
18% July
-
Idsee page
333
:
11%
18
77/a
'
*
2
♦
463 :
'
5
-3
1
1
265 "
44
a28 Va
2
:„2
1
"-85
a83Va a87
Iron .Works
Refining & Chem—'
1—
:__
Corp
Gladding Mc'Bean & Co
Goodyear Tire & Rubber
May
27%
'
Jan
Jan
14 Va
2%
1
33Vac
Industries, Inc.
General
Jan
25
al3%al3%
2
3%
4
Garret
Sep
July
40
19%
1 % July
200
Oil Co Ltd class A...
1
Farmers & Merchants Nat'l Bank—.100
Jun
68
19%
6
850
20%
—
F.xeter
May
15%
a31% a31%
—*
:
Motor'
For footnotes
(Feb
75
1,000
Oct
1%
3%
27
10
Multiplier Corp
Electrical
Oct
16%
a
3%
l'/2
July
397/s
141
4
4
50
i
Company
Preferred
16% May
100
2% May
100
Sale Price
Douglas Aircraft Co
36
5
Sep
300
Angeles Stock Exchange
Feb
Feb
10
2
2 '/a
'3%
1
,
1
Jan
Ja n
12
3%
3%
-1
14%
11%
.
4% May
1% May
Sep
200
300
1%
_^5
1
Oct
1% Mar
2%
1%
2 y8
27
1
:
3%
:
8»/4 Jun
3
'
3
—
1
1:
Oct
6%
16
3%
•
__1
common
48
Aug
31%
500
..
3y8
l'/2
3
1
common
Consolidated Liquidating Corp
Creameries of America
29% Mar
100
...
40%
8
Standard Oil of Ohio common
'
13
34
a
B
Corp
Consolidated
May
237
13%
5
_•
250
—
—
•
10
Consolidated
Oil
Colorado Fuel
Jun
80
a36% a36%
Corp of America
Republic Steel (Un)
Rlchman Bros
S Steel
33
Jan
40 V2 Mar
50
Chrysler
Jan
17
Mar
-
134
40%
(Un)
Radio
-XT
16%
33%
_1
—
common
Oil
Pennsylvania
25
0
RR(Un)
Ohio
1
Central
Ohio
>
43 y2
*
Mfg
Y
N
3y8
20c
Chica
Clary
Oct
•12
12%
—'4
Jun
—5
Co
Farnsworth
B
Cement—
Metropolitan Paving Brick—.
19
Oct
50 Va
206
13%
10
64%
12%
a38% a.39%
Kelley Island Lime & Trans——
Feb
common
common
Certain-teed
Oct
May
387/s Mar
.13% Oct
22
34
$ep
47% Mar
.
75
16%
*
12%
ta_l
California Packing Corp com!
Investment Corp
May
65%
37
34
—
(Un)
43
28
117
43%
—
Steel
31% Mar
100
75
12%
12%
100
5
Broadway Dept Store
Jun
31
75
•
47%
Aug
14%
31
,
25
53
50% Mar
170
31
,100
g__
Feb
Feb
20%
50
a49% a49%
'*
common.
Preferred
Greif
a62% a62%
—
Halle Bros
;
42%
Drug Stores.——y——
—*
Lakes Towing common- —100
Great
..!•
42%
a64% a65%
a22% a22%
Goodyear Tire <fe Rubber
Gray
,
•
1
common
(Un)—,
17%
10
Central
(Un)
——10
——>
(B F) common.—I*.'—
0
Goodrich
i
(Un)-
common
Jan
T7%
_2
Bendix Home Appliances Inc
Diamond Corp
16% July
20%
43
'
10
;
General
Feb
'
23%
49%
;
Bros
Oil
Bolsa
•23%
25
15
Blue
92%
•
——l__-l
&
Barker
69 Va
—.i—"
(Un)_——
Faultless
48 y8
-4
<
___—__
Jun
Feb
Par
111%
Manufacturing
22 Va
8%
1
Oct
Oct
Eaton
Feb
320
Last
Jan
Electric Controller
395
Friday
Consolidated'Natural
,
463
STOCKS—
45% Jaii
26 y8
15
6y2
Aug
105 V2
J..15
Jun
17%
—2
Los
70
(Un.)
Jun V
15%
18 y2
10%
1
Apr
■a28yo a28%
Gas
23% Jan
Oct
10y8
common
1
common—
Jan
17
Products.——
106% 106%
Chemical
Feb
Oct
9
•
10 Va
—
Jun
12%
105
-
20%
Jan
6%
■
17
common
preferred-—>.
Cleveland Graphite Bronze (Urn.——1
Dow
6%
*
Jun
158%
Feb
1,565
-
a41% a42
4 % '7c
24%
147% Mar
300
"8%
Sep
13% Sep
1
4% May
Feb
8%
Sep
Mar
6 T1
High
2%'Mar
16%
4%
'4
.
13
Range Since January 1
■
21%
common.
Chesapeake & Ohio—.
»•
Wayne
425
Oct
225
1
Corporation
for Week
High
65%
300
386
Oct
Feb
550
i
,
Manufacturing
Range
i—5
Body
fUn)—
1,400
21%
9% May
19%
13%
-common
River Raisin Paperua—
Scotten-Dillon
of Prices
3%
21%
6%
6%
Feb
Aug
1,700
6
6'/2
Jan
May
52%
•1.511
.
5 Va
t
Jun
4V4
'1%
17
14V2
.a
Peninsular Metal Products
Oct
Warner
3%
5v»
5%
3%
-
-
—1
—
Davis
Sales
Low
64% *65%
6%
.
Jun
Exchange
—1
150
5va
13% July
•
♦
Corporation
Stamping
Tarfc Chemioal common
Week's
Par
•
(U.n)—-----
Corp
^
Wheel
Last
Alleghany
725
13%
"common
Superior Tool & Die
Timken-Detroit Axle
Shares
7%
'19 Va
Oct
.'4
Oct
iva
,'£>4%
,
Jun
Jan
Feb
80c
Jun
21%
11 y2
Feb
3
100
19 Va
1
Murray
Sale Price
>• STOCKS—
2%
500
-3%0
DOc
6%
:
10 Vb Mar
13%
com.
National
Jun
33
lla
Sep
Mar
20 % Mar
«
Mfg common
Standard
Friday
6,700
—
H
Cleveland Slock
-3%
3%
80c
—
lo
54% May
*
_
Wcstingliouse
420
McClanahan Oil
__1
Mid-West Abrasive
common—______5o
Jun
^
10
11%
3%
3%
6
4
800 :
2y2
Motor Products
Jan
80 Va
11%
Jun
Apr
1
Wines -common
McAleer
Jan
22
80%
2%
550
1
Car
Motor
LaSalle
Sep
197'8
13
150
Oct
9%
9%
..
—
3%
5
common
Kinsel Drug —
Lansing Stamping
Jun
13%
■
:
;65%
common
common
Kingston Products
42% Jun
5% May
22 y8 May
4% Mar
•
__
Brewing
Lamp
King-Seeley
.
_
_
3%
6Va
.
.
1.25
1.35
3,000
&21'%it21%
90
290
290
10
.;
Fek
Jun
10%
Feb
1
'Kaiser-Frazer.
46% May
Feb
40
•"
9%
—
:10
Corp
Howell Electric Motors
Jun
42 y4
50% Mar
20
•4%
150
0
common
23
Jan
:.V
■
i
Jun
•'12% July
31% May
Mar
35%
4%
:19%-
V
Feb
32
16%
«
33 %c
Corp
Feb
21
,
35%
»
_i——
Pepsi-Cola
44
16%
' t>
....
65%
44
'
•
—
_
2%
75
27%
64%
Motors
Hudson
4,488
3%
*10%
1
Manufacturing class B
Houdaille-IIershey
Jun
17/64
255
17/64
12/64
!•':
__
c>
Pennsylvania
Feb
10%
—10
Central.
Car
32 y4
27%
i—
Motor
Sep
158%
45%
42;«'8
«
Oil
12%
367/«
89
y
.10%
:
1
Hoover Ball & Bearing common
Hoskins Manufacturing
32% May
Mar
35
52%
3%
__x—
-148
70
52%
;
25% Feb
290
-
39%
12%
Stores..
Motors
York
32%
38%
;
Electric
Timken
Jan
47%
•152% 153
1,838
^».l
—u
Industries
50
47
5V8
20%
^1
common.;
100
_
•
v
Southern
1
Wright
Ale
Wood
571
c?;:: LjJ-
Department
Socony
Friars
Gar
12% May
71% Jan
6 " Jan
150
30%
100
.25
Gas^
Ohio
'
-Aug
Jan
29
'6%
10
...
Tel
Ohio
&
.
Packard
98
i:.
Hall
Rights
New
Ffeb
May
21 %
66%
-
6V4
Jun
10%
6 % Mar
4%
1
,Electromaster
Frankenmuth Brewing
Oct
100
Jan
65% Jun
Feb
Mar
20%
1
Stove
Feb
53%
21
6V2
1
Iron
Detroit-Michigan
53%
47
Commonwealth
National
48%
>40:VSep
Detroit Gray
July
16%. Feb
49% Sep
12%
:'i
20%
—5
common
45%
.47
Nav_
20
53 %
Service
General
"
66
u_l
-
Cleveland
6%
Rolling Mill
General
20
.
Feb
93
60
10
10
Tel
Curtiss
24
23
10
.'J-
American
Columbla
93
22%
1—_—0
B.—
21
'
Mar
'48%
"
Bros
,
180
-
Davidson
Oct
90
'25% May
Stocks-
Chesapeake
S
141
;Car*-'---i-y—*
American
U
47%
43%
'—1—60
'
——.
class
Unlisted
Radio
Edison
14%
Preferred;-
Fed
Detroit
19%
Pfinting bommon—i——t—*
Cities
Jun
*
—
Playing Card
U S
."
&
24%
i.lo
gtd___i—
Motor
Randall
S
Detroit
Apr *
10
47%...
"Lunkenheimer
U
Sep
19%
*47
47
Kroger
Little
19%
100
DO
21%
*
'
common
5%.; preferred
:
Oct
236
21
90
—*
common--
Sons
96
22%
•21
:—10
J.
j.—
-
2 Va
149
£1%
1
—
-
a21%
-..TO
—
.
Dayton & Michigan
1B*gle* Richer >' •——
High
100
2
Jan
8%
Low
2%
common
81
100
'
.77,
10%
93
Range Since January 1
High
2%
-
Rubber
Low
Shares
1
cf
'
Fen ■}■
1,541
5%
7614
'
'
63
i
for Week
of Prices-
Tor
•":
Allen Electric
Saies
r
Range
Trice
Sale
•
v
Week's
Last
32%
18
27%
Friday
High
""
Oct
Oct
94
—.
,
60
—25
Tel
Bell
27%
19
26%
common————20
Cincinnati Street _x——'
Cine
•
100
.
23%
100
Crobley Motors
19
*419
25%
8.50
preferred
N
LOW
^
1
——
Range Since January 1
High
29%
L
—,
Champion Paper & Fibre—.:
4%
*•
28%
27%
Brummell
Burger Brewing
Cincinnati
Low
.20
Shares
1
Balcrank
Detroit Stock Exchange
Sales
Range
Sale Trice
stocks—
10% Aug
1.55
'97 %c
Jan
Feb
14 Va
Jan
5%
Aug
22%
Jun
8%
Feb
13
Jan
43%
Oct
51
Apr
20 va "Jan
30
Apr
1.10 Mar
14%
270
1.60 July
Jun
Jan
24%
Jan
300 y2
Sep
-
36
THE
(1828)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday; November 1, 1948
OTHER STOCK EXCHANGES
RANGE
FOR WEEK
ENDED
OCTOBER 29
Sales
Range
for Week
Sale Price
,
.
'
Par
Oil
Mascot
Menasco
1
Co
Petroleum
1
Co
Manufacturing
Merchants
Co__
2%
1
;
f
"
"t
Gas
Pacific
Elec
&
6%
redeemable
———
pfd
1st
750
90c
1.20
i
500
Apr
Jan
jy» Mar
Feb
1.55 July
3
5
Jan
970
6%
Socony-Vacuum
Southern
Oil
Brands
Oil
17
Jun
30% Mar
Feb
Swift
&
Oil
Western
Pacific
/
Republic
Rheem
Oil
Richfield
5%
5'/a
26%
36
Jan
Texas
5%
Corp
Stores
Seaboard
Company—
Inc
Jan
Texas
Gulf
27%
Sep
Tide
32%
::
f
•
49%
————30
15
-25c
*
1
__
10c
Trading Corp
Signal Oil & Gas Co class A
Signal Petroleum Co of Cal
Oil
.
"
.'
.
Co Ltd
Calif Edison
30c
4.48%
convertible
25
Oil
Oil
Union
United
Universal
de
Van
Steel
22c
55c
Feb
30
1,462
25
Mar
715
26
27%
384
24% May
.
28
July
28%
25%
Jan
Feb
1,047
22%
Jan
925
27%
Aug
29% July
59
60%
1,070
44%
Feb
62% July
69
69%
1,097
55
Jan
72%
13
13%
2,322
22% 22%
al3% al3%
250
%
—
—
17
17
170
:-y
15% May
23%
Oct
12%
20 % May
17
Sep
Oct
Sep
11%
*
10%
Feb
13%
1,305
21V2
Feb
38% July
2,763
67% Mar
86%
Sep
44 %
July
11%
11%
Jan
507
.-
.
11
Jun
12% Mar
50
;
a6%
38
250
•
7
Jan
10
May
Mining Stocks—
Alaska
Juneau Gold
Cons Chollar C & S
Zenda
Gold
Unlisted
Mng Co
Mng Co——
Mining
Co
Stocks—
Alleghany Corp
American
*
.
American
Tel
Viscose
Anaconda
Topeka
;
&
Ry__100
25
Barnsdall
Bendix
r.
Ohio
Oil
Co
Bethlehem
Borden
Co
Steel
Budd
Case
I)
(J
Columbia
25
Rights—
& Southern
25
Corp
Co (N Y)
Vultee Aircraft Corp
Continental Motors Corp
38%
364/
31
749
8%
8%
925
v
„
(Deli
24%
1
9%
1
8%
5
Crown Zellerbach Corp
(The)
28%
Curtiss-Wright
common
—*
Electric Bond & Share Co
14
a
__
1.
__5
__
•
Baldwin
General
Foods
•
General
Public
Utilities
(B F)
Company
Goodrich
Budd
Corp
Great Northern Ry Co preferred—
Greyhound Corporation
Chrysler
Illinois Central
'
Interlake
Int'l
International
Kennecott
of
Paper
Tel
&
Copper
Laclede Gas
Co
Tel
Corp
Corp
8y4
Coal
Lehigh
Valley RR
37 V4
Sep
1,399
4%
Feb
7%
12%
Feb
17%
14%
1,320
10%
Feb
National
Power
Pennroad
Light Co
& Libby
40%
72
39%
Feb
a42% a43%
62 %
a9% 010%
15
a42% a42%
a56% a57%
52%
12%
33
Inc
•
Loew's
Philco
Corp
Service
McKesson & Robbins Inc
18
•
a58%
Nash-Kelvinator
g
isy8
Nat
;
Distillers
New
York
North
Prod
Central
American
Corp
Dome
Scott
Sun
Oil
Aviation
Inc
North American Co
Northern
Ohio
Oil
Packard
Pan
Pacific
American
Paramount
Phelps
Pure
•
Car
Co
10
Corporation
25
•
Gas
&
footnotes
see
•
page
8y4
1
50c
_,
1.75
42.
,
__
__
22% Mar
27 Va
Apr
147% Mar
158%
Jun
15 Vb
50
9%
10%
717
62
330
.
60%
Va
10%
9 Va
8
52%
7
11%
12 Va
6%
6%
70
A :A lit
15
'•
'■
*
,.
10
''
12
1,519
17
11% May
Feb
Jun
65 %
Mar
Jun
13% July
15% Mar
742 /::■
56%
65%
Oct
17%
75
Sep
50% Mar
1,634
18% May
49%
349
■v
Feb
Feb
12%
487
20%
6 %
~8%
Feb
25 Va
May
9%
Oct
vo, 13
Jan
May
37%
85
52%
27%
593
3%
3,350
23%
24%
434
10
803
9
1,915
Apr
63%
14 Va
Jun
U
Oct
27%
Jun
28 Va May
Sep
Feb
3%
Oct
21 y8 Mar
24%
Jun
2V*
9%
6V8
Sep
16% Mar
Feb
10
40
28%
28%
150
27%
Sep
33 %
10%
10%
500
7%
Feb
13
10%
1,035
4%
Feb
12% July
al5% al5%
25
9%
Feb
16%
a62% a63%
8 V2
3,309
19 Va
1,705
17%
Sep
19
20%
2,810
16%
Feb
—10
39%
172 '
41 Va
»
22%
22%
23 Va
»
22%
40%
22%
23 Va
40%
42%
•
21%
21%
22
•.
26%
26%
27 Va
25
5% Mar
25
36%
May
8%
Oct
20% July
22 Va Mav
•
Oct
48 Va
Apr
4,913
21%
Feb
24%
24
21%
Feb
25
28
Jan
45 Va Juiy
•
447
1,059
Jun
Mar
20%
Sep
23% July
26
Sep
28% July
50
16%
Feb
50
7% Sep
39% Mar,
769
50
Corp
__
..
_
1
.
3
'!'?)
:
-J**'
__
<1
8
8
50%
69%
291
50%
70
82
27% July
12 Va
Jun
50% May
50% Mar
70%
Jun
'
1
Improvement
Inc
-
3%
21%
.13%
50
32
3%
1,115
21%
21%
/ 1,248
2
Mar
Feb
20%
3% May
Sep
23% May
10
Coal
20%
22
297
20% July
20
—
38 Vb
39%
117
32
Mar
24
Feb
39% July
Pittsburgh Stock Exchange
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
STOCKS—
Shares
Par
Range Since January 1
Rights
Fort
30
31%
55
25
Feb
15%
17%
25
13
Mar
12
12
12%
447
i\ 17/^4
1,294
23 Va
23%
24%
30%
Electric
&
Gas
30%
—
Follansbee
Pitt
Low
30
Steel.
Co
High
15%
Ludlum
Allegheny
Low
5
———'
Steel
_10
"9%
1
Brewing
9%
10
10%
Feb
High
33%
69
Walker Refractories
Harbison
Lone
Gas
Star
Fireproofing
Ohio
Oil
—;
Vb
Oct
653 V
•
23%
Oct
30 Va July
13 r
23%
Feb
39 %
,
7% Mar
1,102
3%
—5
Corp
Gas
&
22%
23
5
21%
~
1,044
3%
18%
Feb
2%
231
500
23
Feb
Jun
11% Mar
3%
300
17/64
10%
37
75c
300
50c
37
150
30
2
500
2
5
Oct
27
Oct
Jan
Sep
May
23% May
3%
Sep
24
July
6
Apr
Jun
75c
Oct
Mar
75c
36%
—
Pittsburgh Brewing $3.50 preferred—*
Pittsburgh Oil & Gas
104
3
3
1
—10
26%
23%
23
10
i
McKinney Manufacturing
Mountain Fuel SuDply
Nat
25%
com_.
Jun
19% May
14% Jun
52%
Jan
1% Mar
2% Aug
Jun
a61% a61%
'
7%
18%
Jun
Oct
Apr
25%
.
61
•
Feb
%
24
May
50% May
Feb
1U%
85
7% May
1
19
;
.—50
Duquesne Brewing
19
Oct
Mar
33
979
,/
Feb
Oct
4%
.
19%
•
com
Jun
Jun
July
Jun
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
Pittsburgh Steel Foundry com
Renner
San
40
Jun
Westinghouse
15
35
60
9
9
23
55
55
35
70c
37%
38%
29%
38%
*
12.50
5,100
15
30
7%
400
11c
32%
Oct
Jun
10c
Jan
61
Jan
65c
Oct
10c
25
39%
Feb
Oct
54
Mar
1 % Mar
19c
May
11% Mar
15
187
32%
Feb
39 Va
Jun
165
25%
Feb
33
Jun
Jan
July
Mar
42%
62 %4
Oct
37% Mar
48
Jun
11%
11%
206
10,
Feb
13% May
37%
100
34%
Sep
11 %
Air
70c
10c
15
-
10c
1
Brake
Electric Corp
Westinghouse
34%
55
•
*
1
Mining
Spring
Steel
Oct
34%
10
1
Company
Toy
a44% a47%
al5% al5%
a32%
a58% a59%
20
38
Jun
33 Va
Apr
62
St. Louis Stock
pet
16 Va
53
125
Feb
25 y4 Mar
25
a34
12 Va
12 Vb
135 <
11%
Oct
16%
332
42%
Feb
60%
Oct
6
200
4%
Feb
9%
STOCKS—
Jun
60%
•
6% May
American
9%
)•% 200
8%
Feb
10%
Apr
15%
Oct
19%
Apr
Bank
a31
75
a57% a59%
Inv
American
190
31% Mar
278
48%
18
19
425
15% Mar
21%
19%
455
18%
16%
16%
590
12% Mar
22% May
18% July
10%
10%
575
16
16 %
318
15%
Apr
13% May
16% Jan
a21
125
17%
Feb
27%
Jun
a35% a36y2
39
26%
Feb
40%
'•
V
al5y4 al5%
31 y4 Mar
Sales
Last
Range
for Week
Sale Price
of Prices
Oct
July
59%
Exchange
Week's
Friday
&
Tel
•
Shoe
'
Low
17%
153 Va
Tel_
Bldg & Eqpt common
Brown
Par
1
common
common2
3
15
7V2
Shares
Range Since January 1
Low
High
17%
355
152% 153 Vb
395
17%
13%
Jan
150% Aug
High
19
Jun
155%
Sep
9%
9%
9%
140
7
Apr
9%
Sep
33 Va
33 Vb
33 VB
50
27
Feb
33 Vs
Jun
23
Jun
Oct
Jun
Feb
63% May
9ya
Feb
Feb
Jun
Elder
Mfg
common
Electric
General
Motors common
Brew
Griesedieck-Western
Preferred
4%
4%
4y8
Feb
a9%
75
8%
Feb
21
21 y4
575
18%
Feb
5% May
HVa May
26 Va May
20
824
16%
Feb
21% May
Laclede
10
700
9%
Sep
22
Jan
Laclede
.
(Un)
Huttig S & D common
Hyde Park Brewing common
Hydraulic Pressed prick common
a9%
1,080
(Un)
common
____—-—-—
International
Johnson-S
Shoe
common
& Shinkle
Knapp-Monarch
common
common.
9%
.
Gas
50
41V4 Mar
57
May
180
39%
Oct
49 %
May
McQuav-Norris common
Missouri Portland Cement
35%
35%
180
25%
Feb
44
May
St
13 y4
8
Feb
15
Jan
7%
8V4
880
7%
Oct
11
3
1,075
2%
Oct
32%
33%
854
a29% a29%
52
645
22%. Feb
26
Feb
Public
Scullin
Steel
Service
31% Mar
665
51
6
62%
63
120
5
4
1
40
40 VB
200
50
*
15
15%
2
175
-
68
42%
14% Aug
200
1%
Oct
23%
680
23%
Oct
41%
41
42 Vb
453
39% Mar
9%
9%
180
9%
11%
14 Va
11%
11%
400
8
14%
380
14%
5%
34
6 Vb
34
34
925
238
13%
4%
28
20%
50
19 Vb
17%
17%
50
16 Vb
class A—.—50
5%
5%
252
Wagner
common
common
21%
65
40%
42%
364
19%
19%
20
20
•
42%
—1
Oct
Aug
Jun
May
Mar
23%
2
42%- May
65%
36
20%
*
Mar
33
10
common-
Electric
15 Va
—
_*
—1
5
32%
Apr
20
446
65%
25
Sears Roebuck & Co
Fuller
48
42%
Sterling Aluminum#common_.—.——1
<fc
22
64%
May
5% May
33 Va Oct
Stix-Baer
,
42
20
common-
a39% a40'/2
Louis
22
42
64%
•
10,
4
common
Steel
3
•
Corp
High
297
1,668
20 Vb
common
isy4
__
Low
24%
65%
'■
II-3
a57% a57y8
a39%
•
Range Since January 1
High
64%
common
Westmoreland
11% May
Mar
35
392
15,622
19y4
9%
Shares
152% 153%
*
Laclede-Christy common
50
Schenley Distillers Corp
For
21
33%
Inc
Republic Pictures Corp
Republic 8tee] Corp__
__
—
1
Oil
Radio-Keith-Orpheum
a35Vd
2V2
Inc
Company
Radio Corp of America
.
I_
•
Airways
Pictures
Dodge
__
10
_100
Pennsylvania Railroad Co
Pepsi-Cola Co
Pullman
1
'
Rwy Co__
Company
Motor
16%
for Week
65
common
Co
Columbia
July
a20%
*
9
1
El
Oil
Paper
65
18%
*
RR__
Sales
Range
of Prices
60 Va
-50
General
Corp
Week's
-
17
Light-
preference
Reading Co
Salt
Feb
8J/4
80
12%
a31
Montgomery Ward & Co Inc
Jun
52%
—
&
common
div
Jan
47
875
Oct
6
15'A
Jun
49%
16%
—
Pennsylvania RR
Pennsylvania Salt Mfg com
Philadelphia Electric common
V $1 div preference common
Blaw-Knox
264
13/64 15/64
8%
39%
3a*/a Mar
37%
a
33
Sep
50%
Corp
42% July
205
Feb
I_>
24% May
Feb
44%
50%
Jun
51%
7
Feb
25%
155
Jun
37 %
30% Mar
1,590
■
a207/a a22%
9%
44
Feb
265
95
4
18%
265
16%
Pennsylvania Power & Light
16% July
80
McNeil
10
Jun
a62%
„
53
28
•
Navigation
Oct
130
Feb
__
19%
May
15%
11%
•
&
117% July
49% July
Jan
36%
26%
15
Oct
91
1,685
*
a
28
13%
j.
Lehigh
Jun
13%
*
al9
a45 % a46%
31% May
13
—
Feb
15 Vb
m
_
—5
Brothers
40%
13
15
Co
Gimbel
Feb
•
__
38%
46%
23%
—10
Feb
Feb
al5%
25
3% May *
49% May
a
153'/a
2%
Storage Battery
General Motors Corp
32
34%
•
Apr
Feb
Low
_
Publishing
Gas
370
•
Canada
July
19
2Va
13
Corp
40
100
Corp
Co
International
Libby
RR
Iron
Nickel
Works
_
Westmoreland
40
__
30
155
Sale Price
-100
Delaware Power & Light
United
"
__
Feb
12% Aug
Oct
400
28
;
:y
Electric
United
1,458
*
23%
40
Oct
Apr
43
3%
m
Corp
Oct
42%
_3
92% Aug
9%
25%
Aug
3%
a45%
*
Company
Sep
*
Corp
334
39% July
89% Oct
a!9
10
Locomotive
69 7
42%
__
180
8% Sep
a46%
12%
American Tel & Tel
Standard
General Electric Co
43
Par
46%
211
40%
62 Va
May
157% May
65
10%
—
5
Curtis Publishing Co
Corp
;
•
Jun
19
al2 al3%
•
American Stores
Sep
175
3%
27%
*
Consolidated Edison
Continental Oil Co
„
a20%
*
Consol
;
12%
*
32
204
Last
27%
38%
52%
•
:
Corp
Commonwealth Edison Company
Commonwealth
__
Jun
68% July
Feb
360
Friday
64Aug
50
317
15
10
•
Solvents
—
__
•
—
Company
System Inc
Gas
■
/;
_25
;
Co_-
Commercial
62%
*
Co
Caterpillar Tractor Co
Service
a43
66%
Feb
19 %
Philadelphia Slock Exchange
45%
148% Mar
1,150
45%
15%
Mar
16% May
Mar
48
45Va
alll% all4Va
a43% a43%
7%
7%
10
12% Mar
a68% a69%
38%
15
-
Ry
Oct
35%
5
Company (The)
Cities
40%
•
(The) --—'
Pacific
14
5
Borg-Warner Corp
Canadian
al52% al53%
a
5
Corp
Company
—
100
Corp
Oct
6%
111
8%
13
—
Aviation
I
3
Works
RR
Apr
41% May
32%
30
alll%
Feb
49%
1,550
4% May
130
750
—
5
Fe
Santa
Locomotive
Apr
Mar
410
V.
15%
14%
10
53 Va
82
28 Vb
9%
__
10
_
Woolworth Co (F W)
$1.40
a59% a60 %
—
50
;
Refining Co—
Avco Mfg Corporation
(Del)
Baltimore &
a68%
301
60 V8
a28 Vb a28%
1
Union
Public
8c
Feb
3
1,000
7%
7%
—
a60%
al53%
14
Corp
Co
(111)
3%
a33% a34%
3%
—
—_*
_
Atlantic
Baldwin
a33%
100
Co—
Co
Copper Mining Co
&
Atchison
4%c
-fit.—
*
Steel
Armour
5,000
Corp-*
Corp
American Woolen
Armco
5c
•
Refg Co
Tel
&
4%c
1.80
Feb
70c
-1
&
American
1,600
_1
.
Airlines
Smelt
1.15
4%c
4% May
Oct
3
v"..;-";-'A-v'.,'
American Radiator & Stand San
American
200
3%
-iv1.05
1
Co_;
Mfg
3%
—.
—10c
—
Allis-Chalmers
10
_
Jan
Oct
41%
a6%
—
a6%
—_——1
4,575
86%
41%
41%
12%
33 %
83%
—
36%
19%
—10
Telegraph Co
Westinghouse Electric Corp
Curtis
Feb
32%
—
10
Bakers
D)
17
—
75
Jun
Sep
9%
20
Jun
30% Mar
50
a90 % a93Vs
90 7/a
5
,
_
30% July
May
27
59
a
Jun
27%
29 Va
;/
'
■
85 Va July
Feb
43
Mar
32%
29%
Jun
Feb
17
Jun
28%
•
Co
(H
Co
52%
Mar
71%
19%
50
(Del)
May
Sep
26%
2
Western Air Lines Inc
Rubber
38
a67 a67%
27 %
»
Co__^__
Co
Inc
Oct
215
Feb
15 y8
1,477
26%
S
205
401 '
1,825
Oct
44%
Oct
25c
8,300
42 Va
Feb
9c
122
Jun
U
Western
Corp
Lines
Jun
May
52% May.
Mar
28%
145
230
20 y8
Feb
32%
5,000
1
Apr
46
Mar
7
20% May
Oct
15%
90
25 %
17%
24%
common—25
Corp
Oil
Kamp's
49% 49%
a40% a41%
9c
10c
200
215
30c
33c
i
Jun
28%
*
California
Consol
395
Corporation
49
4% Feb
1,200
Air
United
23%
50c
Corporation
of
States
Jan
6
Aircraft
United
__
1
25
cum
Transamerica
15%
1,577
—
•
Textron, Inc common
conv
1,864
United
Oct
77/8 May
28%
9
Railroad
1.30 May
21%
Oct
Oct
42%
•
class B preferred
$1.25
Feb
70c
47
Sep
79
60 Vb
*
Fox
Carbon
&
Feb
22%
27%
27 Vb
Jun
28%
Calif
Sunray Oil Corp common
4%'%
5%
21%
2,400
1,764
27 %
Company
of
Co
950
.350
6%
Sep
25
preferred
pref
Pacific
Standard
3%
•
cumulative
Southern
Pacific
Twentieth-Century
35%
a30% a30%
10
Jun
75
79
*
Oil Co
S3 '/a
Feb
;
■"
Jun
308
25%
25
Co
15
High
55%
Sep
48%
a46 % a48 Vs
27
Corp
Carbide
Union
18%
30
25
conv
Union
Jun
18%
17%
41%
—
com—25
cumulative
4.56%
Jun
32
800
"
a46 Vb
45%
23%
a
23
—25
stocks—
4.88%
4.32%
57%
Mar
July
I'i'.V. ■'
■
Southern
»
__■•
*
Corp-,
'
Aug
22
5%
%
42
Corp
48
177/b
6
—„
.
17%
Sierra
23
.
—
25
...
1
Associated
1,025
33%
1
Security Company
Sinclair
31%
Co
&
Union Oil
5
.
80c
_25
J)__—
Sulphur
Water
55
6%
21 %
70c
Co
Finance
Roebuck
•
1
common
5%
21%
70c
21%..>
•
1,425
a48%
—
—
(N
Low
20
19%
—
—
1
Company
35%
47% Mar
5%
——1
Co
Ryan Aeronautical
Safeway
Shell
24%
common
Gas Co
Ranch Oil
Sears
—
1
1
Co
L,
*
Range Since January 1
30
*
(Ind)
Shares
High
a45% a45%
15
Co
Company
Oct
33
241
53% 53%
a49% a49%
24 Va
25
—
Drug Inc
2.50
Manufacturing Co—■———V
Rexall
Rice
Corp
Petroleum
Oil &
Reserve
*
10
common
a
—
Corp
Mar
40
50
of Prices
Low
Jun
21%
for Week
Par
I":".''-
*;
Co
Co
12V2
1
Inc
Co
Oil
Studebaker
Sales
Range
Sale Price
•
Del
Railway
Standard
Tri-Continental
Pacific Lighting Corp
of
Co
Standard
15y2 Mar
975
'
Oil
Standard
Jun
140
*■
V
May
2.90
Feb
250
__
STOCKS—
■
Seaboard
Week's
Last
•
.
13% May
Feb
1.95
6,550
July
9
6% Mar
334
-
1.30
Jan
95c
,,
!340
3%
3'/a
-8
8
13 %■*>■■
13 13-a
2.65
2.60
2.65
—
14
14
—
18% 18%
33% 33%
—
a33% a33%
—
a26% a26%
High
•1%
1,245
2%
1.00
!
Low
—
25
25
25
common-
1st preferred
5%
2%
1.20
—1
National City Lines Inc
1
Northrop Aircraft Inc—
1
Oceanic Oil Co
-———-----—1
Pacific Clay Products —
—-*
Pacific Finance Corp common—
10
Monogram Pictures Corp
.L
*
'
Range Since January 1
High
1.00
95c
—
Fridajf
V*
Shares
of Prices
Low
,,
> ir
Week's
Last
STOCKS—
V.',
''
'"
Friday
Oct
Mar
Oct
Apr
Mar
24
2%
30
Feb
45%
Jan
12
Jan
11%
Oct
17
Jun
6% May
34
Oct
Aug
23%
Aug
19
Jun
Aug
7
Feb
5
16
May
21%
Feb
42%
32%
Jan
Mar
15% Mar
23
Jan
Oct
Oct
July
5
14%
14%
14%
225
13
Feb
17% May
15
51%
51%
52
290
48
Feb
55%
Feb
JVolume 168
Number 4747
the
&
commercial
financial
other stock
RANGE
FOR WEEK
chronicle
(1829)
exchanges
ENDED OCTOBER 29
Friday
Week's
STOCKS—
pacific coast securities
Hupp
„
,t
&
(Un)
Corp
of
IXL
Mining Co
Kennecott
Sep
19
Mar
3%
Oct
5
May
4%
50
4% Oct
13
Jan
1.75
1.75
2.00
3,125
33%
33 Va
33%
170
9
97/e
400
9
Oct
a32
a34
130
25
Mar
12%
12%
60
55c
2,500
40%
218
——
a32
*
-P2
—
Corp
■A."
(Un)_*
(Un)
—
Johns-Manville
Kern
12 Va
100
4%
33 %c
Canada
International Tel & Tel
Kaiser-Frazer
130
3%
20
Nickel
(Un)
■
39%
1
(Un)—
39%
10
10
•
County Land Company
Leslie Salt Co
San Francisco Stock
Friday
Reduction
Co
(Un)
(Un)
Airlines Inc
&
Light
Radiator &;
Stan
Co
Viscose
Co
&
Atchison
Co
(111.)
Top
&
Atlas
Corp
Atlas
Imperial
(Un)
Avco
Baldwin
Santa
of
Barnsdall
Bendix
Oil
Co
Fe
Bishop
Byron
Calamba.
California
Pr
Co
pfd
n-c
Pacilic Ry (Un)
Tractor Co
Celanese Corp of America
Central Eureka Mining Co
:
Milk St
Paul
&
National
40 Va May
28% May
Natomas Company
N Y Central RR (Un)
29
730
8%
755
8%
Oct
174
89%
Feb
20
21%
6%
1,222
7%
7%
Feb
4%
Sep
360
July
40%
40%
40%
130
38
Sep
42
Creameries
Crocker
Co
36%
250
26%
Feb
38
Jun
38%
38
39%
1,120
14
13 '/a
15%
2,805
3%
3%
25%
26%
% a427/e
3%
5
•'/
a42
230
Mar
30% Mar
6 Ve
Feb
1,864
3
Feb
70
23
Feb
76
40%
Sep
Aug
Zellerbach
Eastman
Kodak
Dorado
Co
Electrical
&
Corp
(Un)
$5
47
General
Electric
General
Food
Corp
(Un)
Apr
35C
Jun
Pacific Public
40 Va
Jun
Pacific
Tel
Pacific
Western
15%
1,205
10
Mar
19 Ve
Sep
May
68
Sep
68%
y
34
34
34
50%
674
McBean
&;
300
68c
39%
215
37%
9%
•iWw
•'
9%
94
-
(Un)
Graham-Paige Motors
North
Greyhound
Bros
Hancock
Hawaiian
Ry
35%
(Un)
35%
110
9
■
35%
Oct
37
Sep
Mar
65 %
Jun
Feb
62% July
61%
599
259
32%
26
135
20% Mar
*i
21%
750
13% Mar
a21% a21%
20
17%
120
25%
75
186
a23% a24%
a23% a23%
12%
54
12Ve
12 Ve
13/64 13/64
15%
3%
100
50
Stores
Oil Co of
22%
Oct
July
29%
Jun
27%
Apr
27%
Apr
10%
Feb
14% July
Ve
Oct
15
Feb
Oct
32
16
Jan
27% May
3%
24
2,950
2%
Feb
27%
483
25%
Sep
38
47
47
800
38 Ve Mar
48
July
23%
■
3%
27%
27%
i-:::*
24'A
380
21
Mar
25
Jun
85
'45
a43 a43 Ve
10
Pullman Inc
Radio
Corp
Jun
18%
140
12 Ve-
12%
7 Ve
12%
500
8'A
300
3%
Oct
May
18% Mar
22 VA May
10
Sep
11%
10%
17
10%
10%
Sep
17%
.
160
40c
1,250
36c
2.70
2,800
2.60
34%
36
200
3
3
400
'28%
13V4
28 Va
190
27%
Apr
14%
1,772
10 %
4'A
4'A
20
4%
Feb
Feb
15
15
100
12%
Feb
*
——
.
14%
20
4'A
-5
5%
5
Jun
5%
5 Va
4,461
25
33%
33%
33%
3.301
30% Mar
36%
33%
33 Va
34
1,706
33
Mar
35%
—25
30
29%
30
577
29 Ve Mar
32
—V<.';25
;
27 VA
27
Va
23J
27 V*
Oct
29%
26%
26 Vi
26%
635
26%
Oct
27%
Sep
54
54
419
47
•
103 103 %
"Il.'-iy:;
(Un)__10
54%
60
10
24
%
114
121
90
49%
5
4%
4%
1.150
9 %
—
/__V
9%
16Q
1,308
Water
Oct
8%
Jan
4.56 Vo
25 Ve Mar
31%
Apr
Southern
50
Oct
25
24
480
193
15%
12%
12%
190
12%
Apr
13%
Feb
14%
14%
152
9%
Feb
16
Jun
-
——
15%
Mar
44
Sep
Feb
25
Apr
Oct
39%
39%
406
30
Mar
15
,
15
100
12
Jan
1.50
/'•S
'
■
—
*.
6%
106
1
1.50
1,000
16%
17
85
6%
6%
1,725
106
108
35
34%
34%
10
—
6%
7
300
42 %
42
42%
1,746
10
__
40
——
40
64%
16%
1
157/e
42%
15
Oct
Jun
July
Soundview
6 ',0
12%
12%
Feb
I8V2 May
64 %
65%
168
55%
Feb
75%
Jun
10
10
100
10
Aug
15%
Feb
25%
a39%
(Un)
Get
Oct
15 Ve
Oct
24
,23
Jan
July
29%
100
Feb
38
14%
13%
16%
4,580
13%
Oct
20 V2
Jun
62
62
66
127
62
Oct
72%
Jan
a62Ve a63%
36
53
55
38
Feb
34%
Jun
33 V4
1,651
31%
22 %
Feb
footnotes
see
page
;
Apr
19%
Sep.
33%
970
15%
Jan
26 Ve
964
15%
Feb
26%
Oct
5%
500
4%
Jan
7%
Apr
.40%.-Jan
.
24
"
May
48% Jun
.
ser
A
&
Water
a
Carbide
Union
Oil
Union
Sugar
&
a
United
Air
West
Calif
United
Corp
15
Feb
32%
Jun
147/a
Feb
23
Jun
28
Feb
34
May
30
2,342
30
1,048
a24
27% 1p.28%
122
!
Feb
25 V8 Mar
30%
Jun
413
24%
Oct
28 Va
Jan
190
24% May
28 Va
Jan
27% Aug
29 Va July
570
230
32%
50
59'A
60 Va
750
50
34
44
Apr
Feb
Jan
34%
32 % Mar
32%
Sep
62% July
a
—
v
29 3,e
29%
10'/a
155
10%
55
22
9Ve
Feb
Feb
30%
Jun
13% May
23 Va
23 Va
219
22%
Sep
29
Jun
e
68'A
70 V8
2,435
54%
Jan
73
Jun
78 Ve
79
81 Ve
278
69%
Feb
90%
26%
26
27 VA
1,000
16%
Feb
28% May
17
17
350
30%
ia 30%
91
31%
Sep
36%
Jan
59%
59%
270
52%
Feb
66 Va
Jun
27%
28 Va
725
19%
Feb
32%
Jun
11%
12V*
11,337
10%
Feb
13%
Jan
14%
14%
100
13 Va
Oct
21% Mar
%
561
38
Sep
42% July
—
68 7
—
a
v'l ~~
1•
(Un)
Mar
21
'
Jun
Mar
32'A
25
a42%
3 2'A
32 VA
737
21 %
Feb
14%
14%
110
14%
Oct
20
28
28
10
23 Va
Feb
30 Ve May
12%
593
10%
Oct
19
•
,——5
Inc
15
a42%
•
—12 %
(Un)
11%
5
Air
com
Corp
Lines
Oct
220
140
33%
29%
2
—,
Aircraft
Jan
Jun
1,736
a29% 1a29%
29%
10
com
Carbon
of
Co
United
15%
46 %
1,165
28 %
——
25
&
Oct
Oct
8
20
28%
25
Corp
Transcontinental
Jun
May
220
32%
—!
*
(Un)
(Un)
Oil
May
21c
26%
33 VA
...
*--10
Ass'd
21
30Ve Mar
150
a24
*
J
(Un)
Co
18% May
Oct
Jan
25
(Un)
(Un)
Company
9c
220
30
2
Super Mold Corp
Swift
13 Ve
17 Va Aug
1
N
Studebaker Corp
8>A
41 '/a
29 Ve
1
25
25
Calif
Inc
580
26
25
25
-—r
Oct
36 Va
848
10
12%
i a 43
38% July
Jan
Apr
Apr
OO
Apr
75
47
145
40
11%
11%
540
10 Ve
17
17
550
15%
Aug
125
92
Mar
42.
33%
375
21%
11%
17
187
39% Mar
3 %
Sep
Mar"
Feb
48%
5%
48
U
S
Steel
of Del (Un)
Corp
Consolidated
Universal
1
Oil
10
1
Oct
Victor
Jan
Waialua Agricultural Co
Equipment Co
Pictures
Bros
13% May
Weill
Co.
19
Westates Petroleum com
Jan
&
(R)
5
(Un)
1
310
1,082
40%
40%
150
11
1,030
25
85c
25
15
9%
9%
570
a272
9%
100
common
3%
87%
10%
1
20
(Un)
Warner
May
40%
3%
82%
3 Ve
•
common
a275
15
90c
2,365
85c
2Ve Mar
3% May
68 Va Mar
87 Va
40
45
7%
24
9%
225
31c
Aug
Oct
Ve July
Feb
11%
Jun
32%
Oct
14
May
Mar
225
Mar
Mar
1.80
Jun
Jan
Juk.
'
—
tm
18
138 Va 138%
17%
4%
18
4%
1,540
16%
Feb
138%
22
Oct
Apr
Preferred
Western
(Un)
1.60
Jan
6
-
70
6
600
5%
Oct
10 Va May
Willys-Overland
69 Va
70%
2,038
52 %
Feb
78
Woolworth
17%
18 Ve
350
16
Sep
300
5% Aug
22 7 8
May
Jun
Westinghouse
(F
Yellow Cab Co
7%
1
Department
Elec
Stores
Corp
Motors
W)
(Un)
common
(Un)_j.—12Va
(Un)_—
19
50c
28 Vs
27%
7%
715,
400
19%
29%
1
9 %
46
46Ve
_—1
8 Ve
•
1,521 V
4%
16
25%
Feb
Mar
Feb
10
Jun
22% May
33 Ve
Jun
Feb
11% May
455
45
Sep
49
Jun
720
7
Oct
11
Jan
301
10
10
1
8%v
:
For
Oct
19%
'
30
1
of
Transamerica
Jun
32%
55
210
—.
19%
(Un)__*
& Bros
of
Tide
65%
Jun
8 Ve
•
Co
Jan
42%
35
41%
*
Co
Co
Jun
40%
Feb
25%
25
Oil
46%
Feb
May
5%
15
pfd
Oil
114%
Mar
34
22%
31%
I
26
1
Oct
51
Feb
10
53
21
*
common——:
34% Mar
35
Jun
15
8
55
a36 a36%
'
•
1;
384
13'A
32'A
32%
(Un)____*
(Un)—-
Brands
Texas
150
13
55
32'A
a36
Jan
1,360
49 Va May
•
5
Standard
Jun
40
42% Oct
'.
•
Standard
11%
31% Mar
100
•
(Un)
Standard
21%
7% May
29% Aug
3?%
1
(Un)
Calif Gas Co
Sperry Corp
Spiegel Inc
Apr
Feb
25 %, Oct
55
'
preference
conv
(A G)
Jun
5
1,136
a39% a39%
;
10
i
10
26%
IB
Pacific
5 Ve Mar
106
25%
..
13
*
1
preferred
4.48%
preferred
Southern
1.05
3i*ir Jan
58% July
Feb
12 Ve
100
Edison Co com
preferred
Union
500
394
Va Sep
65%
•
Pulp Co
Southern Calif
14%
65%
17 VA
41
*■
Cement
Oil
Spalding
15%'
9
360
(Un)
common
Oil Corp
Conv
43%
690
a 58%
7%
Signal Oil & Gas Co class A
Sinclair
Oct
39
Co
Socony-Vacuum
60%
15%
9%
a57%
P100
Oil
Union
25
23%
Jan
9%
a57 Ve
May
42
60%
43 as
22
9%
25
Feb
58%
Oct
May
32%
12% July
5%
22
1,745
4.32%
Feb
26% May
Feb
42
Sep
4%
Feb
17
41%
19
425
28
18%
648
—
Mar
5%
Oct
170
19'A
•
12
5%
21%
21%
35
762
5%
23%
19'A
19%
Feb
14%
Feb
22 Va
21%
,
1
50
27%
Sep
6%
5% May
11% May
20
20
34%
May
Feb
Oct
33
Mai-
Jan >
61
Feb
4%
8%
v
33
12
58%
Jun
33
435
July
104Va
(Un)—50
505
13
Jun
1,035
390
Feb
22%
•
(Un)
Oct
26
Feb
49
Oct
138
35,500
10%
625
.
•
Jun
61
.
>
22% Mar
96%
Apr
104
Jan
Jan
96
.
4%
•
(Un)
20%
115
Jan
July
55 Ve July
Mar
497'8
96 VA
6% May
Sep
101'A May
755
24%
.
10
(Un)
64
61
137 Va 137 Va
"...
preferred—*
Mining
Portland
>
Jan
—25
4%
9c
10%
Feb
Sep
19
14%
4%
15%
13 Va
14%
7%
Oct
Jan
9c
Shell
Apr
14%
10%
13 Va
Jan
34%
103% July
29 Ve
t
18 Va
365
Feb
Jan
9c
May
26% Mar
Jun
4%
19
Shasta
91%
41%
13%
Jan
9%
325
Oct
Feb
2.35 July
27 Va
5
Cruz
Jan-
Apr
2.70
P 10
Mauricio
14
——
Jun
July' j
68c
Oct
Oct
—10
13
49
97/e
36c
2.60
•
2.70
S & W Fine Foods Inc
Sep
10 V4
:
„
Jan
69
,v_'
1
10%
^ Y -
,
Feb
Sears, Roebuck & Co
85
Jan
495
500
Ryan Aeronautical Co
Jun
2,343
9
Mar
18 Ve
10%
A
Riverside Cement Co class A
63%
96
6
19
20
Manufacturing Co
Richfield
Oil
Corp
Feb
29%
Feb
Feb
Republic Steel Corp (Un)
:
Tobacco "B" (Un)_«j
179
29
8%
-V 21% Jun
13 Ve July
15
Reynolds
61
95%
mm.
Feb
10%
25
Santa
10
Oct
32%
Preferred
Jun
350
May
Jun
18%
100
America
of
10 Ve
10
51c
15 Va Mar
18 Ve
23c'
750
Railway Equip & Realty pfd
Rayonier Inc common.T
Jan
325
Jun
20
*
7%
10
Jan
39c
Mar
65
(Un)
425
325
18c
306
Philippine Long Dist Tel Co
Petroleum Co cap
8%
402
*
1.500
59
Pig'n Whistle conv prior pfd
Puget Sound Pulp & Timber
San
3%
Co
24c
3 Ve Mar
Jan
1.15
14%
Phillips
61
—
1
Motor Car
1,500
16%
Safeway Stores Inc
1,045
1
2.30
16 Ve
(Un)
16% Mar
50
•
26%
58%
(Un)
49% Apr
48'A
Corp
1st
Corp
Oct
6%
Holly Development
Holly Oil Co (Un)
May
33%
Co
Dodge
Sep
28%
Honolulu
Cola
Phelps
9%
6%
•
25
48 V8 Mar
'Un)
700
49%
■»
146
650
Companies common
10
46
A
Jan
25
May
18% July
com
com
8%
8%
•
Calif class
17%
13% May
Corp
Co
9%
v.
3%
Inc
Oct
(Un)__10
Rheem
22 % Mar
48%
Pineapple Co Ltd
Oil
Sep
20 Va
3,730
15%
a21% a21%
—
28
Apr
Aug
28%
3
13
160
common
Airways
11% July
(Un)_*
Corp
779
16,000
—*
Pennsylvania RR Co
49 %
•
Oil
Motor
American
Paramount Pictures
(Un)__l
pfd
Pan
Paraffine
55%
21%
! I\ a;v
»
common
non-cum
Jun
13 Va
16% July
Jan
com
Sep
38
29%
Rubber
&
Packard
Tel
&
Jun
26
Co
Co
19%
Feb
pfd
Service
Jan
61 Ve
--
100
F)
Sep
31
18
100
1.95
28 %
*
12%
Feb
Mar
25c
1
Cement
44 Va
Apr
52%
'
•
common
325
9%
8 %
(Un)
Sep
1.45
39
"
'
Tire
54
Portland
Preferred
Sep
33 % July
1.45
W~.
*
preferred
13 Ve
36% July
32 Ve Mar
12%
—
10c
57%
lo
common
State Co Ltd
preferred
Jan
55 Ve
•
General Motors Corp
Corp
1st
Corp
Jan
14%
2Va
(Un)
24
'
100
Co
350
603
—:
Lighting
51
Feb
1
common
234
500
——
redeemable
110
Feb
•
*
90
15
25
5%
Oct
52
—5
Radio
35%
27 Va
17
common
Pacific
Apr
28
■
Apr
Jun
May
10%
preferred
109%
36
20
&
Kleiser
Goodyear
May
1,391
1
Tele
(B
34
40
5
com
Fibre Board Prod pr pfd
Food Machinery Corp
Goodrich
Jun
Pacific
4,
Co
Capwell Co
Equip Co
Paint
64%
5%% 1st preferred
5% 1st preferred
10
Ewa Plantation Co
General
Sep
»
Share
20
59%
Aggregates.
Electric
&
1st
5
•
Corp Ltd
&
41%
Coast
Gas
10
Jan
10
Derrick &
Fnrnsworth
6%
50%
*
Works
Products
Bond
Emporium
Pacific
Pac
*
Oil
24%
Oct
17
'*
Apr
50%
com—5
common
Feb
15 %
10
class
Jun
Oct
25%
Filters
4%
6%
1
(Un)
14
365
Jan
23c
B
29 Ve
Apr
59
15
N J
112
15%
•
Oct
3%
*
of
20%
20
Jun
750
5
(Un)
10%
57%
:
39%
53%
*
(Un)
Feb
'
109% 109 Va
*
;
87/e
17
(Un)
30
53
5
260
23c
.—1
(Un)
United
6%
—_100
com
>■
—1
Co
Co
Class
Jun
_5
common
9%
10%
(Un)
Onomea Sugar Co (Un)
Pacific American Fisheries—
8%
__1
common
Dumbarton Bridge
Oliver
Feb
l
Doniinguez Oil,Fields Co
Oil
7
(Un)„15
(Un)
23% May
•
(Un)
cap
Petroleum
Oil
Olaa Sugar Co
100
1
$3 cum preferred
Doernbecher Mfg Co
Ohio
7%
*
Curtiss-Wright Corp (U11)
Di Giorgio Fruit
Corp cl A
Di Giorgi Fruit
Corp class B
Chemical Co
Jun
6%
.*
(Un)
Sep
'
Sdgar Co Ltd
31%
*
Bank
Corp
Oahu
Oceanic
7%
2 %
(Un)
Inc
Nat'l
7%
38%
20
15 Ve
2.25
24c
•
Aviation
common
40
'14%
10
5
Cons
261
100
..—
15 Ve
—*
Co
62 Ve
26c
Apr
23c
2.25
(Un)
Oil
30
26c
Prod
American
61%
j
51
a__
200
1
American
30
Iv
35Va
59% July
„
Oct
—
57%
(Un)__
North
62 Ve
•
Aircraft
$4.20
preferred
Curtis Publishing Co
Hudson
25
16% July
"50
(Un)
of Amer
First
American
Feb
Feb
43%
35
23-
10
North
May
35%
(Un)
Hale
Oct
Jun
10%
(Un)
(Del)
Great
7%
17%
600
•;
River Packers
Continental Oil
4%
Feb
200
100
Consolidated Natural Gas Co
Glading
4%
North
32
43
13
1
Distillers
a._
•
(Un)
Fibres
Auto
775
10c
Co
Corp
325
500
May
6
31/3
Continental Motors
Golden
Sep
301
Commonwealth & Southern (Un)
•
Commonwealth Edison
25
Consolidated Chemical Ind class A
*
Consolidated Edison Co of N Y (Un)__*
1
May
9
14%
i\!
10
com
Vultee
Sep
24
'
Consolidated
119%
12% Mar
75
14%
May
Feb
2,208
15 Ve
Jan
15
5%
25
14%
2%
Elec
21%
GVa
32%
Lode
National City Lines
Pepsi
Broadcast System cl A
&
Feb
111% 117%
*
B
Columbia
Foster
57% Aug
Feb
50%
8 %
2.50
Commercial Solvents
Eureka
Mar
31
National
Occidental
Rights
Emsco
Jun
37
435
Pac—
Colorado Fuel & Iron common—
Preferred
Electric
70
1,275
38%
—
l
Service Co (Un)
Clorox Chemical Co
New
50
45%
14%
25
Chrysler Corp
El
69%
41%
•
Cities
Dow
May
♦
*
Common voting trust ctfs
Preferred voting trust ctfs
Crown
155
6%
—25
Chesapeake & Ohio Ry (Un)
Gas
148V* Mar
*
Canadian
Class
1,575
4%
Caterpillar
Columbia
153
28%
(Unj _*
_
Columbia
152%
II
III"
____II__*
(Un)__IIl00
Preferred
Chicago
Nash-Kelvinator
1
Trading Com
Packing Corp com
California
Jun
Mother
59
13 Va
vy
v.?/' I
1
(Un)
68%
•'
6%>
Cons
Jan
15
1
67
38%
—I_5
Pacific
Co
M
Jan
42
IIII2
IIIIIIIl
Co
&
51%
153
•
(Un)
Mfg
M
210
300
(Un)—_
&
60%
60%
5
(Un)
J
15
8%
27 Ve
■
—10
Inc
Jun
Jun
Feb
;
46
35 %
■
27%
•
Morrison-Kndusen Co
>
301
(Un)
cap
Menasco
M
Co
Montgomery Ward &
27
11%
100
:
Frank
&
Mindanao
Feb
7
5
A
Meier
iUn>
Co
Jan
20 % July
550
V
'
Co
Ink
Calif-Ore
California
May
Navigation
92c?
42 Va
15%
35%
1
Jun
365
15%
15
Cement
4
Sep
Matson
Oct
Sep
20%
—
5
Co
16% May
21
10%
14%
112 Ve
Sugar
Calaveras
1%
100
Mar
(Glen L)
Jun
55c
34
9%
1
Martin
16%
Feb
1
•
common
12% Mar
20%
10%
5
(Un)
Corp
2'A
10
H)
Co
Jun
July
15 Ve
4.—
1
Calculating Machine
Jun
32
■
•
135
20%
15%
100
(Un)
Jackson
21/4
1
Holdings Corp
Boeing Airplane Co
Borg-Warner
Oct
13
(Un)
N
Blair
Co
6%
2.50
Oil Co
Borden
200
100
(Un)
(Un)
(Un)
Corp
Aviation
7%
3
RR
California
Bethlehem Steel
7%
8%
Bandini Petroleum
Bank
4% May
5
Engine
Locomotive
Feb
20
(Un)
Baltimore & Ohio
2%
50
•
Corp
125
•
(Un)
Mfg
3%
14
I
(Un)
Diesel
3'/a
*
(Un)
Copper Mining (Un)
California National Bank
Anglo
Sep
loo
Anaconda
'Armour
3%
•
(Unj
Corp
Woolen
Sep
300
«
(Un)
Tel
American
21%
3%
20
(Un)
San
Smelting & Refining (Un)
American
175
(R
C
Marchant
l
American
Tel
24%
&
Corp
(Un)
11%
Jun
17 Va
35
«
7
Aircraft
Inc
Magnavox
High
3Ve
*
American
&
Low
26% May
4 % May
(Un)
American & Foreign Power
(Un)American Factors Ltd
(Un)
American Power
Range Since January 1
24%
"III" 10
Alleghany Corp
Amer
Macy
Shares
High
i
Alaska Juneau Gold Min Co
American
for Week
of Prices
Low
*
Loew's
2.85
35
59
1
& Libby
McNeill
Lockheed
Sales
Range
Sale Price
Par
Air
Exchange
Week's
Last
STOCKS-
Llbby
Inc_
3,320
Oct
a23 a23%
—
10
(R G)
10% "
1.75
31% May
45 "2
5
Langendorf United Bakeries class B__*
LeTourneau
55c
•
*
Corp
Copper Corp
High
14%
3%
(Un)—I
Co
International
HONOLULU
-
Mines
Low
13%
3%
15
Independent Exploration
14
LOS ANGELES
Power
Range Since January 1
High
13%
—-.1
Maryland
Idaho
WALL
STREET, NEW YORK 5, N. Y.
Telephone BArclay 7-4300
Teletype NY 1-579
-
Corp
Shares
Low
*
6.66%
.
Idaho
Exchange
San Francisco Stock Exchange
Honolulu Stock Exchange
Los Angeles Stock- Exchange
and other principal
Security a'nd Commodity Exchanges ;
SAN FRANCISCO
Inc
Hutchinson Sugar Plantation
Co.
MEMBERS
,
New York Stock
Foods
for Week
,
Sale Price
Par
Hunt
Sales
Range
of Prices
Last
Dean Witter
37
.
I»
8Ve
38
(1830)
&
COMMERCIAL
THE
FOR
WEEK
.Monday, November 1, 1048
MARKETS
LISTED
CANADIAN
RANGE
FINANCIAL ■ ,♦CHRONICLE
ENDED OCTOBER 20
.
_
v,
.
Montreal Stock
Canadian
Funds
Week's
Sales
for Week
7 7o
Sale Price
STOCKS—
of Prices
Shares
Par
Abltibl Power &
Paper common™
$1.50 preferred
$2.50 preferred
Acadia-Atlantic
5%
20
—.
class
Sugar
•
A
Alsroma Steel
Aluminum
4
Ltd
Co
Corp
% %
loo
of
Can
4 %
pfd
17% Mar
39
23'/2
23%
100
75
970
100
16%
24%
Sep
98
;
85
Get
Apr
Get
56 y2
1,758
33% Mar
56%
77c
61
1,835
43
Feb
65 y4
Jun
25 y2
25%
25%
385
24
Feb
25 y2
Apr
4o
45
01
44
Sep
49
Feb
50
common
6%
100
;
6%
65
__
Warrants
7
975
65
.
7%
5% Mar
Penmans
•
66c
Oct
65
30
Ashdown Hardware
class A—10
Hi
(J
30c
656
24 y2 Mar
29% May
13%
__
700
28%
13%
20
12'% Apr
13%
Mar
Corp
Power
&
Paper class A
Bell
Telephone new
Bralorne Mines Ltd
Brazilian
Trac
American
Preferred
22
__25
common
&
Power
4%
Oct
Oil
44
July
Feb
22 y2 Mav
16
16%
/570
16
Oct
19
Jan
24J/2
24%
1,101
25
May
26
24V2
__25
7
17
__
26J/4
525
3%
4,300
5,133
20 y4
Feb
Columbia
Forest
Columbia
Power
Class
Products-!
Corp
cl
*
A
3%
*
B
31/2
4 Vo
26
26
«
Class
$1.20 partic
B
Building
class A
♦
34'/4
preferred
1st
preferred
200
2,210
1,470
27
Jan
30
150
25
Jan
28
Jun
19%
Oct
28%
36
Feb
Series
A
Sherwin
Canada
Cement
$1.30
common
Canada
Forgings
class
A
23
23%
27%
27%
28%
28
28
19
19%
1,320
13 V2
13 Va
152
12
9y4
9%
55
9
*
__
10
Northern
Power
Corp
__
10
common
preferred
Canada
23%
20
;
Canada Iron Foundries
6%
»
preferred
__
*
23%
14% Mar
14% Aug
11
5
485
33
38
Mar
28% May
Sep
171
25
Jan
44%
15%
Feb
22
Aug
Sicks
Jun'
39
30
29
Feb
62
62
10
60%
Oct
67
20
150
18%
Jan
30
Jun
Aug
May
44
44%
890
37
Feb
45%
HI
16%
17%
5,058
11
Feb
17%
Oct
58%
58%
61
1,160
54% Mar
68
Jan
93
5
93 % Mar
100
July
13
12%
15
1,275
.10% Feb
17%
17
T7%
366
lbV2 Mar
11%
260
10
98
25
101% 101 %
25
__
,
98
,
10*
97%
__
97%
15%
14% May
Oct
97%
Oct
July
18
Mar
101
Oct
-:;;
100
__
/
1
9%,
9
101
102% May
Jan
510
9
11
Sep
24%
24%
24%
135
24
Sep
27
Aug
14%
14%
14%
350
12
Aug
15%
com__
*
27%
27%
100
27%
-
__
*
Co—
Williams
of
84
36
80
Aug
44%
68
40%
Aug
24%
4,845
20% Mar
24%
45%
46
974
44 % Mar
49
July
24%
24%
24%
Apr
16
16
16%
—
•( I
24
46
*
•
com
Sep
31% July
Oct
■"
84
24%
50
Canada
•
44%
1
•
com.
Oct
f
99
—
preferred
Breweries
Voting
trust
Southern
R
common
certificates
Canada.
5 Vo
*
Power
Standard Chemical
Jan
Aug
85
Sep
48
75
22
Mar
27
700
12
Mar
Oct
.
16%
16
16
1TOOO
19
__
•
19%
480
Jun "
11% Mar
16
May •
16%
20
Jun
Feb
•
7%
7%
7%
655
__100
—
80
81
40
80
Oct
97
•
80
80
81
180
67
Feb
81
25
preferred
81 %
81%
218
72
Mar
83
Sep
160% .160%
15
160
Mar
165
Jan
Oct
.'9
May
common
'.
«
\
Sep
Oct
Aug
14% Aug
Jan
Mar
Paper
47c
;
43
Jun
1
Shawinigan Wattfr & Power
July
Oct
Sep
Apr
May
20
■'.
4
Oct
54%
42%
__
100
j
preferred
Lawrence
Jan
T9%
'
1st
St
25%
191/2
4
i
21%
42%
__
•
.
Lawrence Flour Mills
2nd
6%
Sep
Jan
169
26
49
Sep
34'/4
5
162 %
169
__
13
:
Sep
925
'25
•*
45%
10% Sep
18
Mar
•
preferred %
preferred
2nd
Sep
20
Oct
Oct
100
common
1
3%
6%
17
22%
24 %•
.41% Mar
™*
i
27%
Feb
2y8 Mar
26
366
17
*
Products
24%
51
31/2
171/2
33%
17%
930
' 53%
v
■
•
J^td common
Transport
Paper
4y2 May
tjj/2
*
:
26
31/2
__
Bruck Mills
3,208
25
53%
,24%
•
i-fi»
27% May
2% Mar
54%
-j
120
540
42
:•
Saguenay Power ,4% % preferred
St Lawrence
Corp common..
St
British
British
150
•
.
-Jan
24
22%
Jan
45
Mar
1
Canada
Jan
Sep
170
2,901
22
37
1,107
*
—_
Col
of
Power
Rolland
Oct
11
43
7.40
1,025
•
preferred jj.
Provincial
Sep
19%
7.40
191/2
*
common
22%
17% Mar
636
19
*
*_
22
43% <43%
__
•
Co__
21%
43%
*
Light
British Amer Bank Note
British
•
*23%
•
common
Price Bros & Co
Quebec
Bathurst
23
23%
100
com
Tubes
Ltd
River
Power
Jun
35c
26%
27
!
ftwys
Placer Development
Jan
35c
Corp
*11%
•
Light, H£at & Power
Page-Hersey
Jan
80
42
>H
__
*
common
1
preferred
Ottawa Electric
Oct
59
42
5
•
Ogilvie Flour Mills
101% July
54 y2
42
Noranda Mines Ltd
21% May
36% Mar
"
High
Low
40
•
Powell
Ltd
preferred
Asbestos
3,489
61
25
pfd
19%
38y2
•Range Since January 1
'High
41%
C(jr Corp
Niagara Wire Weaving
19% May
55%
"
:
;
12% Mar
Low
Shares
25
&<Chemical pfd
Steel
Ottawa
•
Anglo Canadian Tel Co 4%%
Argus
:23%
100
8,745
19%
__
National
for Week
♦
common
preferred.4
National Drug
High
17%
16%
19%
20
Low
High
38Vt
i67/8
•
.preferred
Aluminium
Low
Range Since January 1
Sales
I 'Week's
.Range
-Last
Sale Price >of Prices
Par
Breweries
National
Range
Friday
•
i
Last-
Friday
■
./a '• •
%
STOCKS—
.
..
Exchange
;
>
8% May
5% Mar
Jan
'V':i
Canada
5%
Steamship
preferred
•
common
Bronze
15
37
21%
21%
>
common
Canadian Car & Foundry common
Class A
15
Oct
68
35% Mar
42
Jun
2,974
17% Mar
23%
Jan
Tuckett
34
48
Sep
Twin City
United Steel
11
6,270
47%
47%
110
14
14
14%
1,194
16%
•
20
Steel
Mar
37J/4
21%
•
14
37
50
Canadian Breweries
Canadian
141/4
16
16y4
320
Feb
9% "Mar
15
7%
Jun
18 y8
$1.75
Celanese
•
common
series
$1.00
series
:
Canadian Cottons
«
>
58
Feb
91
Oct
Walker
35% Mar
40
Aug
Weston
89
91
1,126
39
39
20
22
22
100
21
Mar
23
Aug
45
45
75
44
Jan
47
32%
32
33%
13%
13 >/4
14
13%
14
♦
13%
»
Canadian
Pacific
Mining
&
Ltd
Cotton
34
class
15
Jan
16%
16%
17%
9,155
13y4
14J/4
4,460
12% Mar
Feb
21% Mav
13%
10.
20,427
30c
,v-:
A
70c
33
5%
preferred
7 7c
125
4,258
100
32
22
Oct
Oct
38%
Jan
26
Mar
Jan
23
23%,
165
18%
19 Vo
2,125
Sep
16% Mar
Stores
30 %
31
428
27
Feb
33% May
20%
21
555
16
Feb
21%
__
35
24
24
25
24
Oct
26
26'/2
26%
142
23
Feb
28
34
34
25
32%
Jan
35
17%
17%
18%
5,393
14
Feb
23y2
50
23
Mar
,24
24
24 V2
'35
I
*
23
common—:
*
21
21
487
20
Feb
pfd—
11 y2
11 %
3,140
11
Feb
11
165
168% 168%
67c
*
Electric
Howard Smith
II
Mar
4%
-.3 Vo
6%
Alabastine
,
5%
67c
170
International
250
17
130
21%
21%
25
:
105
International
Labatt Ltd
■21%
Lake
of
Jun
Lewis
Bros
Oct
29
May
20%
20%
435
21%
Jan
22%
1,532
Aug
23
Jan
26 %
20
25
Mar
27
Feb
27%
1,549
25
Feb
28
Jan
35%
24%
35%
275
25
722
50
"
50
$10,000
—
Millen
&
cl
20
Jun
21
33% Aug
23 % Mar
37%
Feb
25%
Jun
50
50
Jan
Jan
Funds
Week's
Sales
Range
for Week
Shares
of Prices
Low
Par
Range Since January 1
A
J
High
RftO
33
•12%
12%
3.135
5%
5%
32
4
11%
-'11%
11%
1,835
17%
17%
Apr
17 %
Oct
35c
35c
300
35c
Aug
1.00
Jan
14%
102
13 %
Sep
16%
Jan
22
Jan
14%
Jun
B__*
,■
*
—
Low
High
9
•
—20
pom
class
Ltd
-
•
Ltd
Co
Paper
Brand
23
15% Mar
225
19
12%
6%
Jan
12
Jan
16
75
v-r
Jan
Mar
7%
(Joe
/
•
July
18% May
Mar
of
Distillers
&
14%
Vancouver—5
,24%
__
v
1734
173/4
80
103
103
27
__
Oct
20
Jan
.100
Sep
108
Jan
16%
15%
295
14
Feb
:103
100
101
Apr
52%
52%
52%
,390
50
Jan
13
Mar
•
*
16%
17
880
9
9%
231
6%
337/,,
3434
-435
23%
47%
47%
105
57
4,697
44
•43%
17%
105
52%
17
Feb
Jun
Oct
May
9% May
Feb
35 y8
Sep
49
July
Jan
57
Oct
Bright & Co Ltd
British
12,725
14
Mar
137/8
2,225
12
Jan
25
'
25
25
•490
7
7
400
21 y2
22
910
__
21%
19%
6%
99%
20
99 %
gi£
26
8
Jan
7y4 July
25
Sep
Oct
103
May
Jan
Sep
13
20%
20y2
20%
80
Jan
37
30%
38V*
3,691
20
Sep
29% Mar
27
*
39%
Jun
15
64
2,236
46
13%*
70%
22
•
5
64
A)
*
■:
British
com__»
118
—100
Columbia .Pulp & Paper
154
156
Preferred
Brown
30
F-h
134% Mav
154
Oct
188
Burnett
Ltd
—1
5%
2,205
300
78% Mar
5
3-%
5
400
13%
18,214
11
25
11%
Feb
215
15'%
Feb
23
Oct
*
—*
Ltd—*.
'49%
50
140
44
Apr
50
Jan
13%
14 %
180
10% Mar
Ltd
Dock
14
21
200
18% Mar
25
Jan
17%
16%
17%
610
14
Feb
38
Jun
23
22%
23
627
19
% Mar
24%
Jan
176
176
510
162
100
——
Canadian
Ingersol
Canadian
Inter
Canadian
Rand
Tr
Inv
Light
Co
Ltd
com
Power
&
Canadian
77
Sep
.
Oct
Pr &
Paper
Ltd
30
2
Mar
4%
Jun
25
8
Mar
39 y2
Jun
1.90
2%
1,790
Julv
2%C
1
Inv
Mar
Mar
16%
Jun
.
2%c
240
com—*
11%
'%;■•,./ 55
23%
35
11%
■
23%
23%
13%
Jun
.
Canadian
Ltd
Vickers
common
865
10% Mar
255
23
Mar
25%
Jun
-76
27
Feb
32 y2
Jan
Cassidy's Ltd
cum
———100 >
preferred
19
19
16% Mar
21% May
14
-141/2
550
14
Oct
16
Apr
15
15
483
12
,Jan
18
Aug
Celtic Knitting Co
71/4
"50
7
Sep
8
Apr
Chatco'Steel Prod Ltd common^___i—*
90
15
90
Oct
90
Oct
Claude
11
July
Catelli Food Products
5%
preferred
Ltd
,,
———--15
1
__
-
-
.
"
Feb
3
1%
Apr
2% May "
10
.
14
Mar
-
.
'
.v
y
Jun
/
25
-Mar
■22
Jan
*
' 60
Oct
v'
(■
r;
-
20% Mar
9,25
137
120
'
76
'i'
38
10
-
199;
Feb
130
5,925
r5Q.V4? 5oy2
110
134
3%
■-
'Oct
-4% May
Apr
Feb
-
*
51%
-
Oct
'
.110
V
110
-
7
Feb
15
33
25
130
Oct
26
275
15
7
15
7
r
•'*.■'■37
.*35 %4
•>
Ltd.™.;,-.——-—*
.
./60
,--3%
4
'
Jan
1.45
-•4V8
■;
••
Co Ltd^ii-L-'t;; /;:50%
preferrediiii-i-ilOO
7%
57
57%
•
Canadian Westinghouse
27
7%
V
30
3%
32%
77
cumulative preferred—;
—*
Silk Products 'class.,A.;
*
5 Vo
61%
77
3%
3%
Canadian
135/3
'75
176
Jan
32%
•
—*
100
Co__;
-iCo—
Marconi
23%
,
Oct
21
—*
Industries common
preferred
14%
•
Co
Investments Ltd
-
15
14% May
13
22%
23
__
Aug
13
26
*
1
1
Jun
7%
22
Malting Co Ltd.
&
•
Jan
115
Oct
1
Canada
Dredge
3%
Sugar_u.__—__'•
Co Ltd—
Dominion
Canada Vinegars
,
Oct
6%
3% Mar
109
*
&
■7 Vo
4%
107 %
—
Butterfly Hosiery
Canadian
4%
107%
common
Canada
Canadian
,
-—100
Company
Preferred
131/2
23
->
common
Jan
Apr
74
180
,;
66
13y2
•
common
22
120
13
122
...
11%
30
22
13
A—*
cl
Jun
*
Ltd
—
Ltd
Packers
'25% May
Jan
20%-Oct
99%
Oct
14
24% Mar
gi/2
__
*
Canada
(T G)
Columbia
Canadian, Gen
igs/8
*
Jun
Mar
13%
com
Jan
'
19 y8
37
-
:
Oct
15
Jan
5% Mar
•
Jan
Jan
?
Oct
>
'
Structural Steel
*
•
•
Oil
.
(Robert)
•
•
10
10 %
855
9
Feb
a
734
8
270
,5
Mar
22%
23y8
3,245
16
Mar
13 y2
137/3
1,645
__
13%
19
42.
:12
12
..,-57
,
11V2 Mar
25
46 %
35
.58
:
7 '/i
9%
Sep
23%
9% Mar
Oc't
16% May
Vo
-
'630
5 ^9y8
9 V«
Standard Sec cl; A__*
35c
-35c
*
16
16
2
20 %
9,585
preferred
Consolidated Div
Preferred
I1
18%
19
50
16
Feb
21% May
Consolidated
35%
110
34
Feb
38
May
Consolidated
397/a
1,300
38
Feb
4D
Feb
18%
18
19%
19,035
14
Mar
19%
Oct
40
44
974
30
Apr
44
-Oct
Cub Aircraft Corp :Ltd—-
22y4
22V*
30
22
Feb
24
July
David '& Frere Limitee class B—___—♦
'
5Vo
Crain
Paper
Corp
Textile
Ltd
(R
Ltd—
Mills
•
com___—*
v.
20
34
19%
.
*
Apr
9 %
Sep
5
•
35c
Mar
Jun
16
14% Mar
909
9
Feb
200
16
May
"7%
225
7
45C"*. 45c
""200
9
;
"
9
172
V4
-40c
''
.
Sep
6%
*
73i
'
.
Jan
Aug
-
Feb
38
34
-'7%
L)
155
13%
-65
3%
:
T8%
v
13%
20
preferred
Apr
'
,-9
>
'
8
35 y2
__
—- —
-"7
39%
*
;
,,
7%
Ltd common^—•
Alcohols
Commercial
__
100
Murphy Paint Co
'V;,
^
I~
General; Adv,. pfd100
Neon
*
Montreal Tramways
page
.
39%
,-»■
Montreal Cottons preferred
Montreal Locomotive
see
*
25
Molson Breweries Ltd
footnotes
90
•
Massey-Harris
McColl-Frontenac
714
100
com
1st preferred
MacMiiian Export class A
Class B
For
915
24
13%
5%
Mitchell
16%
191/4
Corp
(John
27%
.
26
35%
24%
Canadian Western Lumber Go:xi™—_2
Ltd
(C W)
MacKinnon
15%
23%
103
«
Woods
Lang & Sons Ltd
Lindsay
15%
*
(John)
the
&
18% May
14% Mar
15%
25
Utilities
100
27%
1949
:
Ltd™—1
Works
Pr
19% May
16% Mar
common_5
common..
Co
27%
?
Belgium Glove &' Hosiery
'.5 7c
preferred _—
Canadian
Petroleum
27% July
22'%
■
STOCKS—
Glove
17y4
55%
common
of
99
Oct
•
16%
103
100
Nickel
10
:V.
Acme
15%
25
Paper
;
*
July
Bathurst
57
preferred
International
Jan
25 %
Light Heat & Power—
:
Jan
47%
preferred
International
96
•
Jan
24
£1
Bronze
10
200
Last
May
33%
preferred
International
Oct
Oct
99
Friday
20
»
__!
new
"32
25 %
Canadian
29
____50
common..
Corp
Jan
Feb
Montreal Curb Market
Oct
9
Mining & Smelting—
Acceptance
21
20 %
26%
Jan
Mar
♦
preferred
Indust
May
*':
22%
10
notes
May
26
50
1927
of Canada
28
BONDS—
19
1
•
.—____
Imperial Oil Ltd
Imperial Tobacco
17% Aug
6,504
•
'20%
10
10 '
19% May
26'%
22% Mar
100
common
$2.00 preferred
Hudson Bay
Sep
31 % May
Mar
'
•
100
Paper
"
•
10
_—
;
Montreal
17
25
preferred
Bridge
'
Nova Scotia
Royal
98
16y2
•
inc
310
32
27%
__
I
Montreal
25
1
•
Hamilton
'
19
24
99
10
25
20
common
pfd
18%
Oct
•22% Mar
,
25
•*■'
."
*
Imperial
200
25
Famous Players Canada Corp
Foundation Co of Canada
5% preferred
Goodyear Tire 4%
Gypsum Lime
&
16%
50
25 %
.
25
Commerce
19
19
~~
Gatlneau
General-Steel Wares
495
1,630
30%.
32
..
.—-100
i
•'
Brewers
5%
17%287/u
24%
,18'%
__
*
common—
preferred..^
preferred
25
/_
*
^
100
100
__
•'
-Paper
;_
Eddy Paper Co class 'A preferred
Electrolux Corp
Estabrooks (T H) 4.16% pfd
16%
27%
24%.
__
Banks—
.13% May
__
100
Dryden
Power
♦
27% May
22 y2 July
__
11%
100
_____
Donnacona Paper 4%To
Donohue Bros Ltd
287/a
8% May
Mar
Jan
23%
__
Red preferred
5%
5
Jun
25
common
1,210
Jan
34
•
Dominion Tar & Chemical
Jun
26%
»
Ltd
5
734
22% May
31
20
preferred—
Dominion Steel & Coal class B
preferred
33
1.00
Oct
91% Mar;
18%
25
Dominion Foundries & Steel
Dominion Textile
125
16% Aug
*
6% -preferred
Glass
95c
122
122%;
*
___—,___
16%
•
Worts
&
common
preferred 4
Oct
11% Mar
5
Bridge
Dairies
*
common
new
(George)
Canadienne
Smelting
*5%
7'/4
•
Gooderham
'■
20% Mar
310
_
Seagrams
Corp
Zellers Ltd 5Vo
Oct
14,177
14
*
Distillers
Dominion
7%
14%
34
13%
33
Davis Leather Co
Dominion
May
29J/2
Consumers Glass
Dominion
Mar
5 Vo
May
14 y8
14
_____
Dominion
10
575
36
Mar
25
Railway
Rights
Dominion Coal
10
31%
Companies common.—*
Cockshutt Plow
Consolidated
26 y4 Mar
410
1,855
•
Oil
5%
^2
Oct
Jun
__
•
Locomotive'
Canadian
!81%
100
Wilsils Ltd
Wabasso
91
•
Class B
Canadian
preferred
Tobacco,^7%
Winnipeg
Canadian Foreign Investment
Canadian Ind Alcohol class A
common
Jun
22
25
common
Canada
Dreferred
Mar
39
,
25
of
15
«&>
Canadian
Co
6%
Apr
"Aug
Feb
July
,60c
11
Aug
21% May
.38
18'
8%
95c
11
.
Oct
"Oct
Feb
Jan
Jun
.
Volume
168
'Number 4747
THE
COMMERCIAL
CANADIAN
&
FINANCIAL
LISTED
r
Friday
Week's
Range
of Prices
Par
Dominion
Engineering Works Ltd
Dominiuxi
Oitciotn
<x
unoieum_^
Dominion Square Corp
Dominion. Woollens
Donnacona
Eastern
Steel
products
_a
xjiu
Fleet
Manufacturing Ltd
Ford
Motor
Co
oi
Freiman Ltd
Great
(A J)
r.akes
jia.is
red
Ltd
*
.1
common
Paper Co
iRu
261
com
:
1
class
9%
Oil
4<c
Ontario
Nova
Paul
crush
(Can)
Ltd 5#
17 %
250
12%
385
36
12
935
10%
26:%
!
Ltd
Wilson Ltd
Windsor
pfd
Mining
Arno
Apr
2oc
21
71%
112
90
5%
7
670
16%
16%
250
13
!
3% i'.Oct
_—•
&
107
'Mar
111
52
Mar
56
16%
13%; Oct
100
16
18
47
47
115
22
Jun
47
1,000
13%
Feb
19
10
9'%
Feb
111
45
•43c
4,708
104
14%
25
14
30%
5
29
22
575
20
16
Sep
.Mar
17
Mar
35
lc
20
lc
14c
7.500
5c
Oct
Ltd.
July
*15c
15c
6c
<
233,300
Mar
64c
8 %c
13,000
5c
Oct
33c
18c
1,500
18c
'Sep
12c
3c
Aug
Aug
5c
37c
40c
21,800
18c
Aug
56c
2'Ac
Feb
2'Ac
3,000
2c
5c
5c
500
5c
8c
2,500
5-^c July
16c
1
6,500
3V2C July
8c
Gold
Mines
Lake
Mines
Mines
1
_.
Ltd
1
Mines
Ltd
Ltd
13c
8c
15c
17,800
57c
7,500
25c
25c
28c
10c
3.20
15,600
Mines
50c
10,000
1.17
23,700
55c
12c
500
12c
Mar-
3c
3c
5%c
5%c
2'Ac
:
—
-1
2
2'Ac
Heva
Ltd.
12 %c
Gold Mines Ltd.
1
-5
Lake
Mines
Ltd—
Joliet-Quebec Mines
1
Kerr Addison Gold Mines
Ltd.
Dufault
Mines
48c
1
Mines
Ltd
Mines
Nechi Cons
Quebec
Cons
Mines
•
28cf Aug
3c
1.15
7
Oct
14% Mar
-
50c
Feb
*8c
;
Jun
11%
11%
700
9'Ac
9'Ac
500
: 82c
1
;
82c
1.79
Feb
1.C8
1.72
-s,
1.11
7c:
-1
May
1.18
\i.
7
..
1.95
Oct*
3.10
Oct
700
.
3.30
12%c,12%c
69c
2,000
16,400
7c.ll%c
7c
8c J
Ltd——.
7%c
Jan
5.80
Jan
4'Ac Aug
3.30'Oct
'
*
79%c Apr
Mar
6c
Oct
Jan
May
I7c
May
12,500
2.30
2.25
2.40
-3,200
7.00
7.00
100
-.1.60
100
51c
52c
22,500
•7,852
7c
39c
(Oct
Jun
58c
Mar
Jan
3.25
July
8.25
Apr
1.28 Aug
50c
Mar
1.60
Oct
1.52
2,500
99c
•1.41
535,550
34c
3c
3%c
-9,500
9.65
100
2
67c
Jan
Mar
2.08
Jan
iSep
Vae'Aug
1.41
Oct
<4.75
Feb
9c
Jan
9.65 Oct
Oil Stocks—
Anglo-Canadian, Oil
Co Ltd-—.
2.85
Calgary. & Edmonton Corp Ltd_.
Consolidated Homestead Oil—.
Gaspe ,Oil Ventures Ltd—'
Home Oil
New
Co
Pacalta
Okalta
Oils
Omnitrans
Royalite
For
Ltd-
Co
6.00
14c
1.70
_.
Ltd
Ltd
page
1,000
15c
3,500
1.91 •
2,200
1.60
3.75
11c
42.
1.25
liar
Feb
Jun
£Jan
3.50 May
7.50 May
32c
11
%C'.
9.90
9%c
11
7,960
12c
1.50
5.20
&eb
19,250
.
8c
500
75c
Mar
5c
July
.
7%c
8,500
26%'
100
16 "
Jlily
Feb
Jun
2.25
May
10%
Oct
*>;
10%
26%
see
6.10
%C
7c
Ltd
footnotes
7,700
1.70*
13
;
1.47
Exploration
Oil
6.10
;
2.95,
'
Ltd—„_____.
Oils Co
2.65
60c
r.f
65c
12%
11
33,200
12%
3,035
Mar
12c
500
12c
19,750
5,400
15c
3.05
3.20
750
90
2,000
710
34%
A
12
77
Oct
29c
Feb
Apr
5c
Jun
19c
6,000
16c
Sep.,
57c
Jun
9%
25
Oct
10
Jun
24
2,000
7.30
1,165
45c
2,635
26%
86%
3%
Jan
27 % May
87%
285
86'A
Oct
99
3%
5,450
160
11%
Jan
20c
23c
24,900
-31c
—1
1.86
120
100
17 % C
20c
13%
8c
8,100
1.86
1.99
8%c
8c
18
7 %
8%c
8c
51c
—^
1
common
common-
Power
Canadian
—10
*
:
common
Jan
Jan
28 V4
Feb
35% July
Feb
14
1,685
11
30%
145
21
Apr
31'A July
18
18%
115
13%
Feb
21
Sep
7%
7%
25
7lA Aug
9
Jun
8c
8%c
1,500
14%
50
5.80
6.35
13,485
7%c
8%c
12,500
50c
52c
4,900
2.60
1,000
3
7c
100
16'A
15
15c
Aug
12
Feb
15
14%
Jan
16%
3.65
7.60 May
18c
Jun
Mar
65c
Jan
2.15
3.00 Mar
Apr
3
Oct
Oct
99 ya
23%
28%
48'/a
49%
9 %
9 %
9 Va
175
33
33
150
16
4Va May
Jan
Oct
27
140
;
Apr
29
July
43'A
85
1
Sep
Feb
Feb
14% Mar
27
Feb
July
fic
.
86
27
Jan
34c
5,
20
Apr
53%
Jan
A 9
Sep
11%
Jan
33
Sep
38
Apr
16
16%
■
14
14%
•
1,625
11
Sep
37
37
275
35
Feb
42
Jun
78%
78%
10
70
Jan
85
Jun
22%
21%
22%
1,400
21
July
23
Jan
21%
22
3,268
17% Mar
18%
18%
385
16% Mar
14>/4
22 %
420
15 '/a Mar
18
14%
„
<
Jan
Oct
24
Jan
22
May
25
•
14%
26
265
23
Apr
28
Jun
18%
;
common
18%
150
A; J7
Mar
21%
Jun
14 Va
14%
705
10
Mar
2~0
16%
90
88
39%
38%
39%
Canadian Dredge
*
Canadian Food Products common—_—*
20%
20%
510
>
9
16
9
?
9%
Apr
56%
Feb
90
34%
Feb
40
Oct
355
16%*/
15 Va
145
20%
„
——
14% Jun
18% Jun
'200
90
—25
common
Preferred
16
Mar
25%
Jan
Mar
12%
Jun
220
13%
A
Class B
Locomotive
Malartic
14
215
•
13%
13%
13%
1,330
*
class
Feb
25c
970
1—20
preferred
Alco
15 %c
200
♦:
Commerce
Celanese
2.40
Aug
18%
•
common-
class B
Conv preferred
Sep
Jan
JulX
86
-
Breweries
Canners
99c
23%
—50
of
July
250
3
—
B
Bank
Sep
6V2
•'
23
*
A
Preferred
Canada Wire & Cable
Jan
20%
Sep
86
•
Canadian
37c
Oct
33%
48 %
Steamship Lines
Julv
86
20
class
Sep
May
23%
'-100
preferred
Canada Malting
Canada Northern
Sep
3%
Feb;
6%c Aug
a
—
Preferred
Canadian
6c
27>A
35c
Apr
33%
13%
2.50
6.00
Flon
Oils
Canadian
1.25
1,916
16%
Edmonton
Indus
15c
1,500
14%
—
preferred
Lake
6%
Jan
30%
*
Calder Bousquet
Caldwell Linen common
Packers
17
500
8C
25c
.
"
•
Cement
16c
4,300
17
6%
8%C
-•
•
Car
32c
2
Jun
4% May
14% Sep
Apr
24%
120
•
Bread
Mar
154
33%
Red
3
13
.
Oct
20
23%
17
A
8c
Feo
705
26
•
Flin
Aug
Feb
22% May
I6V4 Jan
4c $ Aug
3%
13c
Feb
20
25
1
Jan
1.00
Feb
20c
;
Feb
6c
11
Sep
,
13%
100
25%
24%
Sep
20c
17
3,375
26 %
Apr
3c
6.50 Julv
100
19%
22
4,500
Building Products
Burlington Steel
Canadian
9%
465
3%c
8c
1
&
Jan
120
6%
class
17c
2 %c
13
B
Jan
May
Mar
1,000
25
Lake
Canadian
10c
3,500
14%
25
Burns & Co class A
Feb
3%C
fic
A
Canadian
Canadian
10%
3,100
32c
Oil
Red
1.82 May
27
Feb
11 ye
24%
:
Ankerite
32%c Apr
16c
28c
4% Mar
3%
Buffalo
Canadian
Aug
14%
3%
Buffadison Gold
1st
60c
13c
24 %
100
class
Feb
■
6 %c
Class B
Canadian
Oct
11,183
45c
Products
A_
Oct
8.90
18% May
5% Aug
15c
19%
19%
25
pfd
44
Oct
18 %c
•
common
Jan
100
7.25
5
Oil
Oct
25c
A
18,000
1
Lake
Oct
42
4%
3 %c
a
Distillers
•
17c
*
class
Jan
64c
27c
24
Millen
Feb
38%
9%
Traction Light & Pwr com—*
Campbell
'; 17
37%t
Sep
3%c
17c
•
Dominion
Class
50
12c 13'/a c
12c
Broulan Porcupine
Bruck Mills class A
Canada
Oct
100
10c 10 %c
1
—
Packers
Canada
Sep
6.00
5,818
6.10
18%
11%
ioy2c
*
Power
4%%
42%
43%
Jan
Aug
13c
1
B
Canada
Oct
&»■-
Columbia
Canada
7%C
4% '
1
Columbia
Calmont
Apr
20,300
Mar
24 %c
24V2C
1
British
Callinan
3 8'/a
6.10
♦
Forest
Calgary
110
18%
*
Electric
2nd
42
10c
Oct
8c
28
Mar
9c
*
&
Burrard
33
32
43%
43%
*
Columbia
Class
170
755
Feb
29c
Feb
521,065
Sep
Jan
4.001
July
35
Sep
16c
Mar
5c
8%c
1
class A
8%( 1
64c
51c
41%
25
Columbia
Buffalo
36
16c
41%
61c
Oct
Jun
25c
Apr
25
Oct
56c
Feb
3.00
32,300
1
British
:
c
7c
27'/a
36
•
__'
29
6c
34%
10'
Gold—
American
Class
22c
■.
v
Apr
Sep
.
Feb
13%
Sep
8c
20c
25%
35%
•.
12c
16 %C
10 Va Mav
12c
2714
14% Aug
Jan
16 %c
Mar
33C
llc
;
''
.v..?
—10
—J
7% May
Oct
■
17c
•
12c
:
1
Mines
Apr
6.50
90c
.
17c
1.45 Mar
1.47
__
Feb
-
14 %c
55c
1.36
•
65c
Apr
9%C
1;
Feb
/ 89c
A
»Jun
51c
—1
16c-
-
57c
9.65
Asbestos Corp
Vin.ray Malartic Mines Ltd-
•
8c
8%c
—1
-
6c
51c
Ltd—
-
1,000
9%c
—1
Feb
July
3,000
lie
1
—1
Jan
1.50
118,700
.50c
.
2.17
1.08
150
1.60
_
1.50 Mar
..500
.
7\
62c 1
1
Jan
Mar
3,500
llc
Oct
1.55 Mar
7c
64c
11%
31lAc M&r
88C
5c
vx llc
__
6.25,Mar
Mar
80c
3.30
3.30
65
9'Ac(Qct
8,820
-.
1.11
..
2.75 Mar
*
3,300
3.10
:
Oct.
Sep
2,500
1.95
3.00
1.70
Zi
Ltd
82c
1.95
3.00
2.40
52%
:
6C
12%
.
—10
Ltd
■
Red
Jan
•
Jun
65%
4c
1
Buffalo
Jan
Jan
25
United
Waite Amulet Mines Ltd
1.14;, Oct
10V2'July
100
.
Sullivan
-
7.65
1.45
2.40
Ltd
14% Mar
1.90
-1
Sturgeon Gold
Stadacona Mines (1944)
7Jun
Mar
55%
Santiago Mines Ltd—__
Senator-Rouyn Ltd
Sherritt-Gordon Mines Ltd—.
Sigma Mines (Quebec)
Sep
July
Gold Mines Ltd. :_ij
Springer
56c
Mar
42c
Labrador. Development- ,;1
67c
».
Manganese Mines——
A 9%C!
"Il -r '.•■<" 7c
Quebec
Feb
40c
54
Cons Gold Dredging Ltd
Piccadilly Porcupine
6c
Jan
23,200
_1
Jan
39c
May
37,100
1
Pato
Feb
83c
1,500
2.40
Mines
16c
r;
64c
-
15c
Oct
65
357,700
_
—
British
Jan
1.01
f
Gold
3,200
6c
24c
4.45 ,Mar
v,
_
Preferred
British
54c
——
Mar
6c
lie
1
Scotia
Pershing
Brewers
Jan
79c
v-*!'
Jan
6c
33,600
9%c 16 %c
Corp
«ii.
.
British
Feb
15c
12
12
1,225
37c
1
Dredging Ltd
Cadallic
11%
35c
93 c
Feb
25c
600
5'Ac
7;
Oct
55c
1
83
500
10c
'
July
Mines
&
Jan
2%C> Oct
900
•:
.
Brewis
Jan
Jun
1,300
1.15
6c
84c
*
New Calumet Mines Ltd
Normetal Mining
Corp Ltd
Pandora
13
Ltd.——_ -5
•
67
7'4 c
7c
24c
Gold
Brazilian
6%c Mar
1
'Mining Corp of Canada Ltd_„—
Mylamque Mines Ltd
—1
R% Mar
Mar
*
Mines
Brand
Jun
_1
___
450
5c
•
__
Kirkland
Bralorne
Feb
20c
8.50
30,700
11%
5 %c
7
66
be
Mining
Ribbon
Boycon
Jan
56
Jun
50c
2,500
6.10
-
1
Madsen Red Lake Gold Mines
Mclntyre-Porcupine
4c
1.14
11%
1
Gold
Louvicourt Goldfields Ltd——
Macdonald Mines Ltd
500
5.75
1.14
Oct
6'/a
7'/aC
.
_
British
8%c .Oct
10%c Aug
815
12%
,
7
15,000
45c 56'Ac
5.75
4.
1
Lingside
2%c
1
Ltd..
/
12c
59c
1
23 %c
'
' Sep
7 / 5c
29,000
10%
70c
-
5c
4,500
:
Aug
l%c July
40c
-Oct
500
*
15c
12c
3%c
_1
Lake
•
52c
__
1
Ltd
42c
10%
.
10%
-1
Jack
*
•
21C
665
Class B
Jan
3c
5.000
23,000
5'Ac
9'Ac
33c
19,500
'Ac
5c
—
Oct
6 % c Mai-
59,000
Gold
Bowes Co
Oct
3.50
Mar
12c
J
1
12
9,300
302,600
Yellowknife
Jun
10c
45c
42c
Mines
Sep
1.65 Mar
1,00
-I,
Goldvue
4'Ac
<
May
30 %c
12%c Mar
45c
3c
Feb
4 Vac Juiy
20c
7c
Bros
Bordulac
Oct
72c
1.03
1
6c
14
1
Nova
Bonville
Jan
15c
Aug
1
~
Jun
Oct
15c
—____
Toronto
Bobjo
Jun
22c
Apr
42c
41,500
3.05
6%c
.
8,500
7'Ac
Apr
68c
llc
Bonetal Gold
dan
13 %c
1
Mines Ltd...
77; 22c
Oct
3.15
Mines Ltd
Gold
550
54c
1
Lake
10c
Mar
Mar
9%c
Sullivan Mines Ltd—__
Elder Mines Ltd
Eldona Gold Mines Ltd
Formaque Gold
5c
1
East
Mar
8,000
"1
_.
10c
6c
.12c
1
.
9.20
licr
17c
;
_1
of
Bidgood
Mar
6c
7/
Oct
8c
—
3c
Jun
13%
_
of
Blue
Jan
11,740
,
7:-' 5c
Jun
*
5c
•
1,000
91,320
3.45 May
Ma/
fi
12c
_____
Montreal
Bevcourt
Feb
8c
18c
7c
17c
.
Cournor Mining Co Ltd
•
7'Ac
1 'C
3c
66
Mines
of
Feb
7%c
3c
1.35
8.25
/ 13%
Bertram & Sons class A
Class B
Feb
6c
1
30c
1
Telephone (new)
Belleterre Quebec
Oct
3c
.1
3,100
•
Bell
Mar
500
Ltd.
500
39c
10
Mines
Beaulieu
Jun
55c
1,000
.
Jun
2.95
Gold
Beatty
Jan
3c
'
Nickel
Dickenson Red
17%c
3%c
ii-,
56,400
Jan
18c
9%c
_
Base Metals
Oct
3c
<>
Denlson
i
3%c
.1
Mines
Aug:
64c
18c
37%c
Oct
38c
Apr
17c
1
A
—
Bankfield Consolidated
Jan
6%c
1
25%
Jun
8C
1
class
(1937).
Steels
Bank
3%c Jan
1
Mines
Mar
10c
9.00
100
.
Yellowknife
Bagamac
Oct
7%c May
500
*
24
9,150
36c
—
Jun
14
t
Candego Gold Mines
Cartie.r-Malartic Gold
Duiama Goid
Mines
Aubelle
Oct
12%
1
Bouzan Gold Mines Ltd-
Jun
July
Oct
2,000
3%c
Jan
Apr
65%
122,800
9c : Ll Vac
13c
57
2.65
10c
Sep
44% Mar
8.90
7
9%
87 %c Jan
33 % Mar
255
21c
17c
Sep
Oct
Uil
Sep
3%C May
;
745'
1,115
2.81
6C
Atlas
Jun
23
Apr
4
Found
24
Jan
8%
9
51c.
J
55c
1
Aunor
12
15c
7 Va
9.00
•
Aumaque Gold
27'% Mar
7%C
1
18c
14 %c
3c
—
Sep
15
15c
1
Ltd
25%
18c
15c
■
_
Apr
100
7%C
Bouseadillac Gold Mines Ltd
25%
650
39
24%
102% Aug
8c
Apr
6%
Atlas
May
1,100
lc
61c
25%
*
_
_
30%
13
13c
*
60%
1
18
35
1
Mining Corp Ltd—
56 %
*
Atlantic Oil
Jan
42c
12 %
1
Ltd——,:
4%c
59%
Jan
npr
Sep
Sep
5c
2,000
_
Bank
Mines
70c
Quebec
Athona
Apr
115
Feb
13
1
70c
35%
lo'/a
97
350
54%
1
_
Hardward
Gold & Oil
Astoria
Jan
10%
.Feb
37c
,' Jan.-
34
lc
9%
55
t
.
Oil
_
Jbttnfc
Ltd
9
60 %
25
Mines—.
Gold
Armistice
May
75
17
a
__
Bob's Lake Gold Mines
Bordulac Mines Ltd
Cheskirk
Larder
pfd_.
Yellowknife
Ashdown
Ashley
May
12%
Minerals
10,000
9
70c
Oct
18%
21
35
Canada
Mines
Arjon
May
25
14%
*
of
Preferred
Feb
20
30%
«■
7c
Jan
50
a
Oil
Gold
Metals
Foil tana
10%
778
42c
100
:
Area
17% May
20
110
22
6c
50
Mar
'
18
14%
170
,
Oct
54%
'
a
2,100
100
4c
_
Apr
112
16%
a
23%
99
•
Ansley Gold
Apex Consol Resources
July
75%
Feb
109 % Mar
18
•
Mines Ltd
Band-Ore
Duvay
25c
July
54%
;
38%
23%
6 %c
•
Anglo Canadian
Anglo-Huronian
27% May
Mar
109 110%
38%
100
Anglo-Rouyn Mines
Feb
•
65%
21 y4:May
•
_
Co
American
May
94
112
*
Ltd
Mines Ltd
base
30
30
18
Aug
Mar
25c
3,050
1
common
Amalgamated
May
May
15
91-%, Oct
20
19%:May
19%
38 %
**
4
Yellowknife
Steel
High
12% Mar
19%
23%
Surpass
Aluminum
Stocks—
Ashley Gold
Athona
19
44
Oct
25
71%
100
(J C)
Hotel
Jan
Mar
70
415
Low
1,760
19%
A
Oil
Aluminium Ltd
May
20
*
_
Ltd
4
26%
25%
Range Since January 1
High
17%
Alger Gold
Jan
91'%
24%
class
LOW
16%
100
&
Akaitcho
Jan
9
26%
*
—
Products
Agnew
91%
*
•
Securities
15 V*
2%, Jan
40%
20
United Corporations class A
Westeel
Oct
May
10'
red pfd
Industries Ltd
United
100
Shares
Jun
45
Jun
40
"
Ltd
Co Ltd
Southern Canada Power
6%
Southmont Invest Co Ltd
Thrift Stores Ltd
—
Sep
17%
»
Sangamo
Class B
'
11%
pfd—.100
——■•
%
17%
*'
<
Co
8
25c
Ltd
Grain
10
100
8
3
11%
Corp of Can 61st pfd
100
s
6non-cum part 2nd pfd—J___50
Quebec Pulp & Paper 7 %
pfd—__—_1U0
Russell
100
Jun
20 V4
,
for Week
16%
_____
Preferred
Acme Gas
Aigoma
5
•
Service Stores Ltd
Reitmans
10%
8
Power
Reliance
Jan
Acadia-Atlantic
_
Jan
9%
Feb
41
:
62
8%' Aug
16
50
«
corporation Ltd..Scotia Lt & Pr 6%
4
550
3
•
Co
v
Jan
.6
18%
•
.100
Paper
1,145
27
Abltlbl Power & Paper common.
*
$1.50 preferred
.-——20
$2.50 preferred
20
Jun
3%
Jan
3%' Apr
42 % Feb
42%
10%
*
pfd
9%
Sep
21
.
Sales
Range
of Prices
Par
23% May
17%
a
;
20
Week's
Last
Bale Price
STOCKS—
Jun
10 Vb May
2
2,635
61
Friday
July
18%
Oct
5,600
4%
<55
6% Mar
42%
10
A
19%
440
26%
■"
60
•
Montreal Island Power
orange
25%
a
4,348
%:
2%.
4%
Power & Paper Co__i;
*
Leaf Milling Co Ltd-—;
Massev-Harris Co 6 % % conv
pfd—20
Muore
2%
60
MacLaren
&
20%
:,8%
•
Maple
McColl-Frontenac
Feb
10% Mar
Exchange
Canadian Funds
43% May
39% Jun
Feb
37%
50
a
Hyuru-Electric Secur Corp
Lowney Co Ltd (Walter M)
Minnesota
33
30
8%
*
(Frank. W)
120
2%
l
Feb
52
pfd—— 100
Class A preferred
Haliiax Insurance Co
Horner
A
33%
14%
20%
Toronto Stock
High
38%
8%
*
Canaua
Foreign Power Sec 6%
Eraser Companies
75
203b
*
;
%
OCTOBER 21)
Range Since January 1
Low
41
52
■
*-
Ltd
Shares
14%
*-
Worsteds—*
Co
38
ENDED
for Week
„
High
40 %
•
-
to.
Paper
Low
*
WEEK
Sales
Last
Sale Price
STOCKS-
FOR
(1831)
MARKETS
*
RANGE
CHRONICLE
13%
13%
13%
275
*
31%
29%
34
2,515
70c
14
70c
3,050
*
65c
8
13%
10
Apr
Oct
15% July
Mar
14
11% Mar
14
Oct
21
34
Oct
64C
Mar
Oct
88c
Feb
13%
14
875
11
Mar
Feb
15
Jan
8%
preferred
—
100
144
144
25
144
Oct
Oct
150
Jun
5%
preferred
—
100
101
101
10
99 % Mar
103
Jun
Oil
Cos
common—
•
,
Aug
39
40
A
(1832)
THE
COMMERCIAL &
for Week
of Prices
Shares
Low
Canadian
Pacific
Canadian
25
Railway
class
Wirebound
v
A
Castle-Trethewey
Leduc
Central
'Li.
1.60
1.70
4,400
67c
70c
5,500
'
5
2.10U
24
1.23
1.21
1.26
1,790
14c
15c
17c
6,600
13c
5c
_
7c
:7 7
7 Vi C
5,500
131 J/4
1
_
_
135
6
n~
100
—
Mar
33c
Aug
-I
16 %c
•
18%
•
43%
A
Feb
131%
....
preferred—
Great West
Gulf
11
150
1
65c
55c
75c
36,700
30c
Mar
75c'
1
7 Vac
63/4C
8c
60,500
4c
Mar
8%c
Jan
2.70
2.65
Oct
10c
Sep
15% Mar
20 %
40% Mar-
44% May
13% May
115
140
6,300
15,900
85c
89%c
65c
65c
95c
uj%,
16%
17
,
May
18%
11%
1
Jun
53
1,685
43%
♦
.——i—
118
Feb
9,300
18%*
43
High
Feb
9
20
16Vic' Oct
Apr
60c
Mar
65c
May
Jun
1.15
Jun
Oct
3.20 May
17 % May
5%c July
1,930
13% Mar
4c
4 Vic
4,000
3%c Sep
2%C
3c
3,500
l%c
—1
3.65
3,65
100
3.50 Aug
"
9%
9%
590
6% Mar
*
15
15
60
25,700
Oct
Cheskirk
20
14c 16 %c
1
—
Mines
Gypsum Lime & Alabastine
11% Oct
7Va Mar
11
Chemical Research
Lead
49
18%
17%
f
101
11%
Mines 'C
Guayana
Jan
145
Oct
Low
10
155
53
18%
Saddlery
Range Since January l
High
52 %
53
18 %
Graham Bousquet
Jan
16c
A
,
Great Lakes Paper common—
Oct
1.40 Jan
1.05 Mar
class
Co
&
Shares
111 112%
•
<■
Grafton
Jun
70c
July
Low
50
Preferred
Jan
1.80
1.20 Mar
Goodyear Tire common
Sep
2.65
Aug
41c
Jun
26
July
1.00
1
Centremaque Gold
Trust
1.18
21%
12% Mar
—III
Mines
Gold
Porcupine
Chartered
25
1.10
*
Patricia
Central
25
1.15
1
—
Oil
12.415
Par
High
Low
17 Vi
for Week
of Prices
Friday
STOCKS—
Range Since January 1
High
25
.
II—1
Cariboo Gold
Central
16%
16%
Sales
Range
Sale Price
Sales
Range
Sale Price
Week's
Last
Week's
Last
Par
Monday, November 1, 1948
.
ENDED OCTOBER 20
;
Friday
STOCKS—
FOR WEEK
^
MARKETS
LISTED
CANADIAN
RANGE
FINANCIAL CHRONICLE
Chateau-Gai
Wines
Chesterville
1
Mines
Gold
Chimo
■*
—:
Mines
—1
—
2.75
14c
14c
14c
9,909"
7c
1,000
-
16%
Aug
16'/2
16%
1
5 Vac
3%c
5'/aC
145,500
Coastall Oils
*
22c
18 Vac
22c
10,500
13'/aC Aug
Cochenour
1
2.10
2.08
2.15
3,900
1.72 July
13%
14
150
12% Mar
25 %
25 %
100
Circle Bar
Cochrane
Willans
Dunlop class A
Preferred
Cockshutt
Rights
Coin
"
Knitting class A
Malartic
Citralam
<*
*
Plow
71c
—
—
-
14% May
Feb
26
July
10
Feb
17
Aug
30c
Oct
23 %
4,536
95c
Oct
16,485
Feb
18
18
500
16c
July
27c
6%C
14,000
5c
Mar
2,800
46c
Apr
6%
•
Consolidated
Consolidated
•
Bakeries
Beattie
'
—
5 Vi
1.40
100
10%
16%
Oct
10
56c 60%c
9,550
54c
July
85c
60c
3,410
55c
Aug
70c
13c 15 %C
30,100
122%
122% 124'%
3,170
8%
100
8
Oct
145
Mar
8%
Consolidated Press class A—
-100
150 %
149 150 %
260
•
Gas
1.19
1.10
1.20
22,100
15
15
15
25
8c
8c
77c
Corrugated
Paper
Cosmos Imperial
Craig
Bit
Box
common
♦
Mills
30
*
common
40
5%
5%
30
5%
5,600
Croinor
Crown
Crow's Nest
Crowshore
Cub
Coal
Patricia
7 Vic
64c
67c
8,100
50c
Mar
7c
8c
8,500
5c
Sep
9c
10c
8,200
7C
Aug
l
Dauch
&
♦
—*
—
class
Manufacturing
Class
A
5
Qil
Homer
6%
1
Hudson Bay
*
30
Mining & Smelting—
Hugh Malartic
.
'
May
6 Vi May
Huron
Davles Petroleum
Davis
20%
Leather class
Oil
Jan
55
May
Oct
19c
:
A
Nickel
Dexter
Red
Aug
7c
Mar
21c
Jan
Mar
30c
Oct
23
23 %
100
9%
45
8
1.05
Sep
11
1.27
800
10c 15 %c
245,852
5c
14c
13c 15 %c
51,800
10c
July
Apr
__
48c
Lake
Feb
45c
21c
21c
22c
5,500
20c
Oct
54c
53c
57c
58,800 '
43c
July
82c
Coal
25c
28c
28,000
23c
Sep
64c
International
Jan
27c
Jan
2
Ltd
19
2,660
40c
52c
66,200
15%
15
15%
1,965
16%
Oct
15
Oct
65c
Jun
Feb
Jellicoe
Mines
Joburke
Gold
•Aug }
27%
Mar
Jacknife
Oct
28
Vi May
Malting
Scottish
1,010
6
50
23
25
25
1
5%
5%
5%
5
!
—50
42 %
42%
44
30
Dominion Steel & Coal class B
25
17%
17%
18 3 a
1,763
*
-V 24
24
24
455
*
common
Investment
Preferred
Dominion
com
Stores
Jan
25
Feb
Joliet
Gold
264
21
Apr
23
Jan
23%
27
Feb
7
7
200
25
25%
550
24 % Mar
25 %
"
16%
16%
150
14
Mar
17 Vi
Sep
5 Vic
6 Vic
7,000
Aug
8c
Feb
7%
7%
7%
9%
9%
597
41c
_40c
41c
3.500
34c
37c
37c
37c
500
32c
Jun
26
27
173
25
Sep
150
Apr •
6%
Dominion Tar & Chemical
46
Feb
4c
7
Dominion
Fee
100%
95
100% 100 %
104
104
158
36%
38%
8,655
137
140
10
137
9
Jun
11
May
Duiama
Gold
13%
13%
Ltd
East
Crest
21 Vi
155
19% Mar
103
Apr
29% Mar
Oct
435
11
Feb
10% Mar
18 Vi
275
69c
8,900
51c
Mar
1.10 Feb
25c
24 Vic
29c
225,900
17c
Jan
30 %c Jun
9 Vic
6%c
10c
305,533
4c
8%c
8c
9 Vic
14%
;
*
36c
51,000
40c
9,800
5 Vic Mar
26c
12c
Aug
11
Mar
16%
Jun
86,500
40c
Mar
84c
Ma;
4c
4Vic
9.200
3 Vic
Oct
7c
13%c
15c
4,000
8c
Aug
21c
Oct
6c
6c
500
3c
Aug
7c
Jan
15 Vic
18c
8,700
14%c Oct
58c
44c
56c
160,795
25c
Mar
57c
Sep
5 Vic
7c
12,600
4c
Oct
14c
Jun
29c
32c
26,900
15c
July
28 %
150
6c
9,000
18c
48c
30c
1 .'V.
—
4%c
1
Golden
12%
12%
13
3,905
1
Gate
16c
12c
17c
348,300
40c
43c
3,100
10c
Feb
1.30
1.38
13,900
1.70
7,000
1.33 Aug
2.08
3.05
3.25
27,700
1.64 Mar
3.50
Oct
50c
Jan
11%
Jun
15
Jan
7%c Oct
22c
Jan
36c
60c
Apr
»
8',4
8%
Vi
850
Elder
El
Sol
8
41
41
41
25
.30
16%
16 Vi
17%
225
16
:
45c
Gold
45c
1.00
1.19
21,100
10c
Aug
25c
19
May
21
12c
12c
15c
19%
19 Vi
70
1.67
1.60
1.73
11,603
Players
Farmer
Federal
Grain
•
Candy Shops
Fleet
Products
8';
Foundation
class
Co
1.36
627,997
8 3 i"
109
Jan
9%
111
Oct
t:;
30
5 Vic
5,500
10
250
3% May'
85
'
Mar
4c
7%
.7c
Sep
Feb
2%
16 Vi
48
13%
2,960
21
Feb
23 %'
23 Vi
50
23
Feb
61
61
30
45
Feb
90
90
10
90
Oct
100
Exploration
2%
1,200
1.85
5%
Power
1.85
1.99
85
85
20
17%
17%
18
215
102 Vi
104
15
100
common
*
;
preferred
5% %
loo
preferred
General
100
Bakeries
_
110%
*
—
General Steel Wares
«■
common
100
„
Giant Yellowknife Gold Mines.
Gillies
2
16%
4,050
1.30 Mar
"U"
May
61
B
Class
Lynx
Lake
V :;l '
—
2.29
110 Vi 110%
5
Jan
Jun
108
Mar
111
107
2%
200
2
Sep
15
65
14
Mar
102
102
15
99
Apr
3%
4.95
5.10
2,906
2.90 Mar
8%c
14.000
6%c Aug
2%c
3c
4,000
2c
Aug
68c
73c
23,300
52c
Mar
41c
46c
19,533
40c
Oct
16c
16c
2,000
11c
Apr
17
Oct
Jan
106Vi
Jun
Jan
10% July
14% Mar
35c
3,200
25c
70c
2.30
I,200
6.10
4c
Jan
Feb
May
80 %c May
1.09
19c
Jan
May
Gold
!
—t
Golden
Manitou
Goldhawk
Goldora
Goldvue
For
Porcupine
—
10c
15,000
3%c
1,000
1
7c
7c
7%c
4,500
2.63
2.56
2.63
16,030
6c
•
1
:
footnotes
9c
3 %c
9c
1
^
Mines
Mines
1
1
Arrow
Golden
:
;
i
see
1
page
42.
4C
12C
6%c
3,000
3 %t
4c
22,000
9%c 14 % c
47,700
8%c
Oct
16c
Jan
3c
Oct
7 %c
Feb
•*;7c
July
1.95 Mar
4%c Aug
3c
8%c
Sep
Sep
14c
Apr
2.80 Aug
3.00
Feb
5.50
5.70
377
5.40
July
G.95
Feb
4c
2,500
3c
Sep
7Vic
Feb
5c
6c
6,000
3c'
Jun
11c
Jan
4c
5c
537
3c
20,600
15
15
4c
3 Vic
4c
15,500
86c
90c
9,100
1.12
1.12
1.18
2
Aug
8c
Jan.
Mar
12
17%
Jan
Vic July
5Vic Aug
Mar
1.19 May
60c
3,900
1.10 Mar
8c
8c
8c
1,000
6 Vic July
7c
7c
7c
2,000
6c
33c
73c
33c
36c
! 24,100
72c
75c
3,510
29%
28%
30 %
2,040
20
8
28%
30
245
7%
8
50
6
62c
38,800
40c
Mar
1.25
.7
Jan
16c
Jun
Sep
14c
25c
July
59c
67c
July
Jail
Feb
1.50
Jan
26% Mar
31
Jan
24
Apr
30
Oct
May
8
11c
10c
14c
9,600
10c
July
20c
Feb
8c
10c
4,000
6c
Aug
11 Vic
Feb
Oct
3.00
Jan
1.95
Jan
16,000
6c
Aug
6,774
85c
Aug
2.13
3,770
80c
1.01
40.260
8c
1
8c
7c
1
92c
92c
10
10
10%
2,375
8
7%
8
470
95c
Manitoba
<fc Eastern
2.40
2.49
3,950
13c
12 %C
16c
5,500
12 Vic
1.80
1.80
1.86
3,050
1.50
4c
43,500
—
1
_———
McColl-Frontenac
common
—
Red
Mining
Brick
Corp
—
Lake
McWatters Gold
Milton
3.15
Jan
40c
Feb
1.95 Jan
4c
15
May
11%
12
700
10%
Oct
3 Vic
4%c
8,375
3c
Sep
6c
May
10c
II,500
8c
Oct
31c
Jan
3c
Aug
6c
Mar
Sep
3 Vic
3 Vic
1,500
22%
22%
23 Vs
3,242
16
Mar
23%
27
27
27
150
24
Mar
30
May
14
1,260
16
May
100
JUly
Mar
13%
•
5
McKenzie Red Lake
Mid-Continent
Sep
3%c
Gold
>
12c
Oct
52%
Sep
66
36c
7,000
30 %c
Oct
75c!'
11c
12c
6,660
8c
Jun
29c
11c
5,500
7c
Oct
18c
19%
350
15% Mar
21
11c
5%c
6%c
61,300
5%c Mar
*
150
175
1,800
1.15 Aug
*
lie 11 %c
2.898
6.10 Mar
•
I
90
768
19%
*
Oil
10
55
10c
*
—
— ....
9% Mar
91
54%
34C
—
1
1
13%
91
100
j._—
Porcupine
Feb
Feb
9V'a
*
—
——-—i,
Jan
Sep
Jan
July
1
common
Preferred
Mills
2c
Apr
1.54
11
20
Martin-McNeely
Mercury
3c
Oct
12c
9C
Leaf Milling—11%
Maralgo Mines ——
——-—1
—
McMarmac
2.25 July
2.40
—.—0 V
Feb
4% Mar
_1
Maple
Preferred
9/
1
——
Fields.—
Gold
2.09
1
——
Feb
July
2.05
83c
•
Gold Mines
1.50
40c
2.07
1
Malartic
Massey-Harris
Oct
56c
•
Gold
%
54c
1
B
9c
Jan
1.95 Aug
Jan
3%c
87c
*
—
Madsen Red Lake Gold Mines
Magnet Consol
16c
25%C
May
1
Macfie Red Lake
Marcus
14c
Oct
1,420
14%
Jan
101
1.36
*
1
Goldfields
MacLeod-Cockshutt
Class
94
20
41c
Gold
Eagle Mines
Jan
Mar
•
Mills common
Mines
Mclntyre
Gold
Jan
38c
•
—
MacMillan Export class A
Feb
Oct
2%c
Mines
Goldcrest
Jun
7.75
6Vic
1
*
Mines
MacDonald Mines
Oct
Sep
Sep
72c
God's
25%
11%
1
————
Yellowknife
Macassa
Feb
85
6%c
Oil
Goldale
Mar
23
1
—
—
Long Lac
Louvicourt
Oct
16V2
15
■«>
5.60
Gold
Globe
Jan
—1
Ltd—
Mines
Lunward Gold
May
23% Sep
94
315
*
27
>
23%
1
Oil
Gold
4%c
—
3
J.
Mines
Oro
4c
5%c
1
Mines
London Hosiery
3% Jan
Sep
2 Vi
%
Lake
Glenora
1.78
2.24
*
—•
1
1
——
...
Loblaw Groceterias class A
•
Oct
'
_
Preferred
Jun
Aug
34c
1
Gold
23
'
Gair Co preferred
Gatineau
1.26
y
11% July
Feb
26%
Mining
Little
:
600
Wasa
^
11%
1
Llngman Lake Gold
18% May
47%
Mines
Lexindin Gold :
5.05 May
Mar
Shore
Leitch
'
preferred
1.11
—;
Mines.
Lencourt Gold
Jan
34
16 Vi
*
J>
1.12
Leduc-West
Jan
15 Vi Mar
650
25 3,i
•
(A
Frobisher
1
Gold
Dufault
Lebel
July
1,220
38%,
7%
4.55
Apr
2%
•
Fraser Cos
Freiman
16%
1.15
26%
100
A
4.10 Mar
2%c May
Larder
Jan
3.60 Mar
9%
10
Manufacturing
Motor
4,550
9,500
Laura Secord
1.54 Jqn
5,770
5 Vic
-
«
common
16
107
37%
-
l
;
Fleury-Bissell preferred
Ford
-
4.60
37 Vi
loo
Federal Kirkland
Fibre
16
1
•
com
Preferred
4.30
74c
Mar
19%
4.30
Oct
July
i
Famous
6.20
4%c
Lapaska Mines
May
55c
«
•
41
24c
1
Falconbridge Nickel
5.70
3 Vic
Lapa Cadillac
May
20
Jan
Mar
147,000
~
Empire Brass class A—:
Corp
10
Sep
16,500
54c
1.03
1
Eureka
Fanny
6%
25
Mines
5.75
4%c
Lamaque
'
1
Gold
•
20
Mines
Eldona
23%
Exploration
L& Luz Mines
Jan
Trust
Sep
28 Vi
1
1
Ltd
(John)
Lake
Feb
3.20
Eddy Paper class A
36%c
Apr
Oct
*
Lake
May
1.64
l
Steel
Feb
24
1.32
Laguerre
Jan
50c
'
East
Economic Investment
Jap
4%c
1
Lake
Lake
1.65
Eastern
Jun
May
15c
—w—•
.
Labrador Mining &
Jan
l
Mines
Oct
39%
15,683
.
1
Labatt
Jun
15
68 %c
—
East Malartic Mines
Sullivan
104
150
13 Vi May
*
Oil
Jan
31% May'
102% Jan
59c
Kirkland
22% Aug
11%
i
Oil
East Leduc
21
11%
*
Duvay Gold Mines
Jan
39c
4 Vic
1
Kerr-Addison
Kirkland
Jan
11%
1
Mines
55c
48 Vic
1
Gold
19% May
21 Vi
*
Mines
Oct
Apr
July
98% Mar
104
36%
1
Mines
Kenville
26%
21% Mar
*
Woollens
Donalda
Oct
Jan
7% July
Aug
8%
•
Kelvlnator
Jun
23 %
pfd
common
19%
14%
,
Apr
Kirkland-Hudson
Dominion Textile
Oct
Mar
—1
Quebec Mines
Kelore
OCt
5% July
3% Mar
13%
21%
12% May
Mar
40
21
_100
common
Jack Waite Mining
25
8%
May
28 %
22
Oct
8%
116
Mar
1
Feb
Apr
23
8%
Jan
12
«•
27 *
16
•
111
14
49c
24
26
21
16c
Jun
740
13%
75
22
116
2c
2,065
1
25
25
Oct
103,500
17,927
•
375
610
Jan
6c
27
Uranium
26
27 Vi
Jun
32c
,57
13%
Petroleum
23
26%
42c
Oct
Mar
43% Jan
19%
International
20%
26 %
3 Vic
19c
18c
.
19
International
Jan
23
26%
Feb
23% Mar
25
1
Magnesium
Dominion
1,595
Oct
9c
26
-.100
Co
Kayrand Mining
Dominion
4,800
57
5/100
20%
27%
Foundry As Steel
Dominion
85,700
27c
Oct
Jan
1
:
Nickel
10
_
.
30c
57
Oct
4c
Oct
7 Vi
1
Milling preferred
25
preferred
Dominion Dairies preferred
Dominion Fabrics 2nd pfd
11
19c
class *A—*
Preferred
International
-35
_
Dominion Coal
Feb
11%
13%
*
Coke
&
Metals
International
22% May
Feb
28c
•
Dominion Bank
Dominion
18%
41c
•
Mining
Mines
18%
•
Seagrams
Diversified
Dome
5.35
26c
6-■
Preferred
Distillers
12
1
-
Gold
International
Mar
1
_
Jun
25
common
Ingersoll Machine class A
Inglis (John) & Co
Inspiration Mining(
Jan
1
Lake
8.50
20% July
15 ViC Oct
1
Lake
Yellowknife
Indian
Jun
1.60
Mar
1.25
1.26
5,722
26c
£1
4% preferred
Imperial Varnish
26 Vi July
Sep
21%
13 %c
1
Red
Discovery
45c
39,000
9%
M tki
1
_
Lake
Dickenson
1,000
L0 Vic
10c
10%
20c
t—• >,19%
—
Preferred
Jan
60c
8c
a
1
—
Mines
1.00
Apr
60c
49,700
Oct
7,000
Imperial Tobacco of Canada ordinary.5
30c
Oct
6%
5c
26
Bank
Imperial
42
Oct
Mar
11
4c
10
Imperial
114
a
Red
Mar
48%
July
18
32,997
21%
48
27c
Sep
Jan
95
11
100
—
Aug
—
Delnite Mines——.
Detta
Jan
90c
paid
118
29c
9c
15c
»
100
9.75
100
common——
July
__
Class B
Denison
30C
Erie
&
18C
•
May
115%
1
.—,
113
9%c
75c
125
57
5%c
1
Howey Gold
Jan
39 %C
————„
Jan
Feb
V'2
5c
1
9
a
Aircraft
Jan
95c
24 %c
11
6
10%
*
Yellowknife
10
10%
5,100
D'Aragon Mines
Oct
20
11
"
Hollinger Consol
Home
20
*
B
Hosco Gold Mines
4% Mar
6c
Jan
16c
Mar ;/
—
Hinde
1.35 July
23
Jan
12,600
Jun
31c
4,000
Vic
5c
4,000
10c
115
8
8c
1,000
41c.
7%C
Sep
7c
9,250
20c
8c
May
1.04
12c
20c
——1
15c
10 Vic
115
100
Mar
65c
Aug
2Vic Oct
31 Vic 31 Vic
39 %c
—
Jan
10%c
1
-
Jun
12c
31 %c
1
—
_
_
Sep
12 Vi
July
5c
1,000
..100
Mines
Pershing
Trust
35c
July
9% Mar
1
Mines
_
.
Crestaurum
May
Jan
154
Oct
25
16
1
Mascot
Holden
Feb
10%
Mar
15
Feb
9% May
5 Vic
7,772
5%c
Aug
5.00
Mar
12c
3,500
70c
■
■■*/
7 Vic
5 Vic
,
—1
—
Highwood Sarcee
Oct
125
91% Mar
70c
Jun
32c
Jun
lie
13 %c
3,400
1
Highbridge Mining
Sep
Consolidated Mining Ac Smelting— _—s
Exploration
Hedley
Jan
60c
a.
290
6%c
1
Gold
Heva Gold
Jan
56c
65c
27c
11%
6c
14
3c
Apr
1.51 July
1
_
-
Heath
Jan
6*%
Sep
24c
HV'a
1
Gold
Headway Red Lake
Highland-Bell
Apr
500
25c
•
Gold
Harrlcana
Oct
75C
2
Mines
Consolidated Homestead OH
Consumers
100
1.45
10%
10 V 2
—
Consolidated Duquesne
'
6%
1.45
1
_
1
1
Carpets
Harker Gold
7%c Feb
75c
Coniagas Mines
2
_—
2%c
Oct
1.00
60c
p>-~;
National
Harding
Hasaga
5%C
«
Petroleum
Bridge
Hard Rock Gold. Mines
Jan
__
1
—.
Hamilton .Cotton
Jun
2.45
1
Yellowknife
Conwest
14%
5%c
22c
1
Lake
Commonwealth
Conduits
13'%
13%
—
.
_
_
Colomac
25%
25
:
Jan
Hamilton
Feb
19%
Oct
2c
85
30c
July
1
—
——
Mines
Hallnor
—
Gold
Halliwell
3.00 Mar
Jun
2.20
Halcrow Swayze
6c
11c
3
11%
Oct
Jan
Jan
Jan'
July
Jan
Jan
Oct
MWOTNnWtttftNMMM
HlBtoHWWWMMI WWHWH'I'MBOmN WWW* MiWW
W> MWlMJl<W16aCI«rtaw|l^Vl
Volume 168
Number 4747
THE
COMMERCIAL
&
CANADIAN
RANGE
Week's
Range
ENDED
(1833)
MARKETS
Friday
Friday
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
*
STOCKS—
Par
Model
Low
Oils
35c
Modern Containers
Monarch
Moneta
Knitting
common
[
.
*
12
■»
common..
12
13
19
71
-25
Brass
•*
3%
III
Mylamaque Mines
Mar
High
40c
Sep
Par
Siscoe
Gold
14%
Jan
Sladen
15%
Jan
Southam Co
54c
May
Malartic
19%
Oct
Stadacona
Feb
76
Apr
Standard Chemical
Mar
May
825
65
820
25
Mines
•
,
3 Vo
10,000
27
Jun
3
Feb
4
Feb
8c
Oct
15c
Feb
45
9%c
8,%c
9%C
8,700
41
41
50
11
11%
8c
Oct
37c
38 Vs
Apr
45
10 %
155
14%
15
200
29
29
35
13%
:
14
14
Preferred
23%
1,370
2.19
2.24
-100
55
Bidlamaque
New
New
Olsen
Gold
Stedman
Jun
27%
30
Jun
Apr
10
Apr
10
Apr
14 % Aug
14% Aug
18% Mar
26% May
1.91 Mar
Rouyn
5c
4,000
1.96
43,500
16 VaC
4
22,172
31%c July
26,050
15%c Aug
V2C
1
3 %C
21c
Oils
Feb
2.99
Nordon
Bteel
Co
of
Preferred
Aug
60c
Sep
31c
Jan
4%c
12c
Jun
28c
Jan
7c
Sep
33c
Apr
17,000
15c
Oct
46c
Jan
6c
5,000
76c
1.23
1.15
4c
400
Mar
4c
Mar
1,458,700
1.10
1.04
Apr
8c
July
1.23
Oct
1.50 May
16c
3,000
2.97
3.10
24,355
1.50 Mar
6c
9 VaC
23,600
4c
Jun
10c
Jan
5c
6%C
6.500
4c
July
10c
Jan
13c
Empire
Mines
50c
1
—
I
'
—
1.30
.
28C
common
3,085
14c
17,500
43
Mar
■
10%c Aug
14c
Oct
54%
24c
Jan
24c
July
3.10
50c
500
1.30
38c
100
1.00
Sep
1.75 Mar
31c
5,300
14c
Apr
$8c
Aug
3 %c
3,000
2c
Aug
4%c
650
3% Mar
8%
5%
350
5%
6
1.65
1.73
5,050
45c
1,100
43c
1
1.65
»
Oils
45c
•
Orlac
'
Red
Oslsko
Taku
River
Osu'^ke
Pacific
45C
Taylor
•
»'•
Thurbois
100
13%
80
80%
227
67
82
115
72
Mar
6c
7c
2,000
1.63
1.85
18,650
10
10
20
3%C
3%c
500
1.40
1.51
4,975
9c
Parbec
Tip Top
May
Canners
class
Silver
Toronto
Apr
1.40 Mar
Oct
July
2.20
Oct
Class
A
Jan
Traders Finance
Transcontinental
Corp class
Jan
31,000
July
16c
5
7
1,790
3%
10%
Jan
United
Keno
9c 10 %c
8,000
5c
ll'/ac Sep
United
10c
Power
6c
18,500
73c
21,400
9,100
16c
17c
5c
5c
6c
1.86
1.77
1.95
.;
■
6c
Aug
50c
Mar
147/eC July
10,700
19c
Oct
49c
Feb
6%C
17,800
5C
July
21c
Jan
9%
200
19
19
50c
98c
1.08
11
11
Jun
80c
Jun
July
Mar
172
1
11
11
10
21
79c
45
Oct
Jun
Oct
10
110,800
11%
173% 1 73%
—
9
18%
4,640
94c
50c
48C
50
48c
11%
1
2.35 July
70
1
8c
>
<
9
30
1.08
•/. v12
8C
1,500
60
170
42%
Feb
90 Va
145
88
Sep
57c
163,200
8%
2,188
6c
m
57c
—
47c
July
350
Aug
11
Jan
90 Va
90 %
Oct
Jan
175
May
10 '/a
Jan
12%
Sep
58
28
1.06
3c
6,000
2c
2 %c
1,500
36c 37 %c
—
8,500
2%c
1
5c
9,950
33c
Jun
Mar
10c 11 Vac
4c
Waite
Jan
Walker
8c
May
Mar
5c
Mar
3c
May
46c
Jan
1 %c July
28,000
10c
20c
Feb
69c
70c
4.100
65c
Apr
82c
Feb
12c
12c
8
7 VaC
Oct
'
Jun
12c
Apr
60
Oct
98
,
Feb
Mar
74c
7%c
Oct
Aug
—25
10
Jan
__
7 Vac
Oct
240
16
Feb
25
Jun
18
170
13% Mai-
18
Oct
1.60
1.92
1.92
30.100
1.15 Mar
1,000
10 VaC 10 VaC
•
.
12C
Jun
1.95
%
•
7%
1,200
7%c July
5VB Mar
1.57
V
15c
283,193
4c
Aug
16 %c
Feb
2.01
2.00
2.10
2,317
1.80 Aug
2.30
Jan
2.70
2.70
2.75
2,400
2.30 Aug
3.50
1.60
3,072
1.50 July
2.35
5.15 Mar
7.20
Feb
*
1.57
__
'15c
Jan
8% May
0
Ltd
-
*
1
-
Amulet
*
(Hiram)
(G
&
•
Kt
W)
_
..
Products
Western Grocers
...
_
-1
*
Preferred
--100
2.000
6c
Aug
13c
Mar
4,000
2c
Oct
4c
Apr
9.35
9.75
11,372
27 %
29
6,400
24
Mar
13
28%
14
75
13
Oct
10c
2.000
.
9 VaC
9
%c
4.60
9c
Jan
35 %
605
2644
21
21
100
21
31
14%
Feb
35%
Aug
July
July
Oct
25
,
Jan
31
30
33
33
33
125
24 %
24%
179
.98%
98%
95
7%c
9c
10,600
5c
Mar
12c
—
Jjf
common
—.
29
'*
32
22
,
'
Jan
19%c Mar
Aug
33%
Oct
9.85
31% May
24%
....
(Geo)
9.35
8c
21
$
common
Jan
2 VaC
35
__
Class A
Weston
.
1.715
8c
___
_
6.15
2 VaC
—
tA
Ltd class A.
Wekusko Consol
Westeel
5.80
1
Gold
Waterous
6.00
33%
Jan
36% May
Fed
28
Jan
Feb
5c
6c
17.033
5c
42c
42c
46c
4,500
37c
44%
44%
44%
i
71c
May
July
Feb
Jan
Jan
1,105
37
73c
5,600
50c
Mar
88c•
Jan
70c
6,000
50c
Aug
72c
Feb
*
17%
16%
17%
4,574
11
Feb-
51%
51%
51%
20
50
Apr
1
1
25c
56c
71c
—100
14%
14%
195
1.41
1.55
5,225
14
14
300
1.45
10 %
Feb
1.41
Oct
Preferred
..100
Wiltsey-Coghlan
65c
1
45 % July
17% May
70
Feb
17% May
2.10
Jan
1
5%c
5%c
1,000
5c
Oct
1
40c
40c
40c
30c
Mar
48c
1
67c
64c
70c
22,600
55c
Mar
90c
Mar
90c
July
86c
1
..
_
Winnipeg Electric
common
Preferred
Winora
—
_
*
Yellorex
Ymir
Jan
Mines
10c
Apr
Aug
lie,
Mar
32
i:
99
100
35
5c
6%c
5,000
2.25
2.35
3,510
23c 24 %C
8,300
18c
Aug
40c
Feb
2.30
1
2 4 Vac
1
8,443
20 VB
Apr
3 Vac
■
Feb
95
Oct
32
100 n
.ij
Oct
Apr
Jan
2.90
2.25 July
8C>
Jan
66 VaC
*
Girl
May
5c
30 %
*
...
Bear
Yankee
6c
8,500
1
Mines
Yellowknife
1.00()
7 VaC
99
..100
Wright-Hargreaves
Feb
7 VBC
6p.
32
_
i
.i
Gold
Jan
7%c
.
7c
-
101%
68c
6,100
55c
Aug
81c
May
4c
6c
16,600
3c
Oct
9c
Jan
5% Aug
8%
Jan
2%
4%
Jan
6c
Aug
39c
Wingait Gold
97% Mar
Feb
52c
Winchester Larder
—
1
______
Jun
Quebec
1,000
*
Labrador
13 % May
Quebec Manitou
1
81c
6,500
Queenston Gold
1
41c
41c
48c
Quemont
12,687
*
15%
15%
16%
6,695
1
2.85
2.75
3.00
2,300
1.02
1
6c
4,600
4c
Reeves
Mining
Gofd
Regcourt
Reno
'
Macdonald
Gold
Richmac
'.
—
Gold
Riverside
Silk
Robinson
Class
Roche
class
*
A—'
Long
Roxana
Oils
Lac
1
5c
Sep
9 % c
6,600
9c
Oct
29%
29%
25
Sep
33 %
11
50
15
4c
4c
11
205
15
50
Lawrence Corp
Mar
14
Apr
new
new
13
11%
Sep
1,000
37,100
865
23 % Mar
25%
Jan
25%
25%
26%
555
16
27%
10c
9%c
15c
70,250
18%
17%
18%
1,895
6c
6c
2,000
5c
13
5c
Oct '
Aug
Feb
Mar
Feb
Jun
8c
Jan
52c
Oct
23c
19
Jan
..
7c
National
Asbestos
500
9
Oct
11
Columbia
Co
14
Oct
15%
Sep
1
84'%
3.70
1
84%
35
3.70
3.80
2,421
7c
3,500
6c
80
Aug
3.00 Aug
6c
Oct
35%
15%
80
14
May
14%
14V4
160
14
Jun
60c
85,000
24
24
24%
1,385
46
46
125
100
38c
85
4.35
Aug
Feb
17c
Jan
15%
Oct
14%
and Dominion Sugar
67%c
20%
Feb
Feb
24%
Oct
44% Mar
49
1.40
1.40
1.52
5,200
2.30
2.25
2.45
29,121
1.43 Mar
3.20
Apr
16
16%
135
11% Mar
16%
Jun
•
16
15%
16
„_1
6.85
6.75
6.85
1
39 VaC
32c
40%C
1
34c
34c
38c
840
,
430
178,400
48,800
98c
Mar
11% Mar
6.50
30C
20c
July
Sep
July
1.52
16
8.50
70c
Oct
Westinghouse
Coast
Dalhousie
footnotes
page
6,245
107%
109
585
22%
1,225
22
Feb
48c
Jan
890
9% July
12%
Jan
7%
11%
Feb
Pend
Reliance
28
28
28%
430
24
Mar
31
Jun
23
22%
23%
935
18
Mar
26
.Jun
70
96
Mar
100
101%
Jan
23
Oct
14
375
Mar
14
July
50
28% Mar
35
July
19% Mar
24%
10
Apr
23
23
410
2%
400
1.50
57
59%
1,285
20%
Apr
4%
3,400
3%
Feb
50%
25
39
Apr
Mar
1.60
200
20
20%
7,274
14% Mar
50c
46c
52c
15,875
33 Vac Mar
5
6
160
31
31
31
565
20%
20%
215
3.70
3.95
3,700
31%
33
832
3.85
•
Grain
_
Investment
Temiskaming Mining
Sep
2% May
27
20
2.60
20
Feb
Oct
Jun
Feb
20
95
20
Oct
64
66
1,440
46
Mar
105
20
20
•
——-t.
1.00
105
64%
---100
Oct
34
r
50%
*
—
Oreille
V
Jun
1.50
*
Minnesota & Ontario Paper
Southmount
Jan
115%
20
*
Jun
Mar
1.50
*
;
Preferred
520
99
Paper
135
6%
6
Oil
Jan
May
185%
4
57 V:
10
30
Oct
*
Humberstone Shoe
10
15%
High
L
Feb
*
International Paper common
81/4
80
Mar
2%
May
Feb
3%
*
common
Steel
42.
154
5%
Apr
Sep
5
Bridge
Donnacona
Foothills
Hayes
9%
100
see
23
*
_
Paper
Oil
Steel
Dominion
7%
•
Preferred
72
75
%
34
2
Copper
Consolidated
10
Oct
*
common
Canadian
7%
*
Class B
10
156
4
12%
.
Western Lumber
•
A
22%
120
154
108
*
6%
25
120
4%
1
Canadian
*
class
85
•
Industries
Vickers
Julv
.1
A
395
(
Marconi
Jun
Mar
50c
class
Low
8%
27%
1
:
Range Since January 1
High
8%
100
Canadian
Disher
'
Class B
§hares
26 %
100
Canadian
47c
Silverwood Dairies
Low
Pulp & Paper com—*
common
Preferred
Canada
for Week
*
Preferred
Brown
Sales
Range
of Prices
Sep
200
Oct
Funds
*
Corp
Canadian
9%
50c
Simpson's Ltd
Par
Andian
Canada. Vinegars
14%
1
Silanco Mining
Silver Miller Mines—.
30
Week's
e
Canadian Fairbanks Morse common—<•
9%
•
Voting trust certificates
Sigma Mines (Quebec)
STOCKS—
May
14%
Shawinlgan Water & Power
common
Canadian
May
1
15%
Gordon
5
2%
Exchange-Curb Section
Oct
Senator Rouyn Ltd
Breweries
Toronto Stock
British
4c
50c
25 %
3 %c
6%
2%
v.*
16% May
40c
23c
6 Va
—
Jun
-Apr
24%
*
,Sheep Creek Gold
6%
__
_
Feb
40c
99
Preferred
—
#
__
Jan
1
common
(new)
class A
13c
Paper—
preferred
For
8
$
28c
•
Sarnia Bridge
Scythes & Co common
Sick's
Oct
_
Last
24%
_1
San Antonio Gold Mines Ltd
Sannorm Mines
Sherritt
28
_
Friday
1
common
„
2nd preferred
1st
1,200
9c
11
_
Jan
9c
*
Oil
Lawrence
6c
~
_
Oct
6c
Apr
York Knitting
Class
B
Oct
3.00
•
Ryanor Mining
St
16%
10
Co
Rupununi Mines
Russell Industries
S,t
Feb
8%c Mar
5c
10%
•
Royal Bank
Royalite
29 %
*
common
A
10% Mar
Feb
11
Vic
9
*
(Little)
77c
15
6c
1
Cotton
Robinson
77c
73c
(1936)
;
Apr
7%
__
__
916
22
—
•
Hill
VaC
V'/ 7
17
....
_
9
21%
o
B
Upper Canada Mines
Jun
Aug
2c
8
1
...
*
1.55
Apr
485
3,297
_
_
39%
Feb
39
Quebec Gold
■
Jan
5,090
25c
6c
-I
steel
Villbona
lie
Proprietary Mines
Purdy Mica Mines
i
3.50
2.60
20c
__
class B preferrd-
Oct
2.05
1
Dome
United Fuel
Feb
Apr
•
East
Jan
Jun
2.40
Vicour Mines
Mar
1.13
—_1
*
5%
10%
6c
•
Ventures
1
—
Jan
20c
_
—
Jan
61c
_1
Gas
Feb
1
Metals
Sep
Jan
80c
1.10
4%C
1.15
70c
4,000
38 Va
—
Feb
39,700
39
—
18Vac
4c
1.10
Mines
Corp
Preston
8c
67c
67c
1
Premier Trust
Pressed
Oct
Mar
Sep
United
1
—.
25c
■■
Oils
6 %
.'
certificates
Jan
1.99
Jan
•
Gold—
19c
1.25 July
2.42
A
Resources
7%c
1
trust
4% Aug
9% Jan
.
1
-100
July
10 % c
Voting
250
__
_
class
5c
1
Powell. Rouyn
Jan
100
*
_
_
Preferred
3c
*
Powell River
2.05
10%
—
1.000
•
Porcupine Peninsular
Porcupine Reef Gold
Jan
10
.100
.
8c
1
Gold
5 Vac
2,000
*
_
4c
__1
Gold
Oct
Mar
26c
-
Toronto Iron Works common
7c
Mines
Crow
Sep
3c
99c
25c
9%
Mines
4c
Pen-Rey Gold Mines
Pioneer
Jan
10
7,900
A_
General Trusts
Mining
1
Porcupine
Apr
2.40
Sep
90c May
1 \
Gold
Oct
Sep
Oct
10
9,523
Elevators
Toronto
Union
37c
Perron
81%
12c
11c
*
Union
l
Piccadilly
1.60
Sep
Sep
83
Oct
1.30
—
1.84 May
Paymaster Cons Mines
Pickle
■
_
24c
'V":V;
1
94c
15
Feb
4C
Jan
*
Gold
Jan
1
Malartic
July
9c
Mines
Tip Top Tailors
Toburn
Mar
Malartic
Partanen
97
Feb
81
60c
1.26
_
10c
..
Pamour Porcupine Mines Ltd
Parnmaque
Jan
1.26
—
Mines
92c
Hershcy/ Tubes
Pago
5%
___»
Tcch-Hughes Gold Mines
Thompson-Lundmark Gold
16,200
_
'.
Apr
10
10,700
1
"V.'
V,
4%
-....1
common
20c
Mines
Petroleum
•'./•;
50
4,400
*
(Pearson)
1.53
Mines
/'
■•'.
Sep
5%
1.45
Preferred
18c
1
(Eastern)
Pacific
5%
—
1
Gold
1.40
1
,
Lake
Lake
Apr
i
i——.
Mines
18c
•
'
,
4
11c
Gold
1
Gold
•
350
14
Inlet
Sylvanite
1.49
*
Gold
••
8% May
5'%
8Ve May
Oct
1.66
,
United
'
Feb
5% Mar
80
80
,
Mines
1
Malartic
Exploration
Orange Crush
>
4%
164
10
Mines
Towagmac Exploration
8%
5%
Omnitrans
V
260
Feb
7%
Ogama-Rockland
Orenada
25
6
*
Jan
3C
*
O'Brien Gold Mines
Omega
81
68c
25
-
Oct
55c
Aug
5
Preferred
Oct
28c
1
—
54%
Surl
Torbrlt
8 %C
•
Inca Gold
O'Leary
Jan
Jan
167,999
1
Okalta
3c
14c
Oil
Oct
68c
7%
14
•
common
_
Cons
2.99
1
Star
Mar
67c
Contact
12c
Malartic
Norpick Gold Mines
North
1.62
5%
__
__
Steeloy Mining
Steep Rock Iron
Sullivan
53%
Mining
Mines
Jan
July
5
B
Canada
Sudbury
53%
Northern
49c
Apr
20
1.18 Mar
81
*
*
Oct
21c
87c
Canada
6,449
__
Bros
Feb
6c
1.96
15c
Corp
Northland
Mar
8%c
1.15
Norseman Mines
North
75c
5%c
Mines
Northern
52c
17% Mar
Jun
12c
Noranda Mines
Normetal
2 Vac Mar
24,000
614,634
103%
21c
Merger
Nipissing Mines
Norbenite
4%C
18%c 22%C
Yellowknife
Nicholson
Apr
49%c 53%C
16 %C
19C
50c
•
-III
Norzone
Pacalta
100 %
1.75
1.93
1
Gold
New
Nib
1
Gold
New
15,900
Jan
4c
Mines—
Jason
Marlon
Newnorth
170
1.62
High
5%
*
__
Sterling Coal
New
18%
__
class
Starratt
13
16
4,000
102% 103%
2.20
preferred
Calumet
39c
7
__
Brock
Jan
May
33
23
23%
Negus Mines
New
Oct
Mar
13 V* May
.
150
14
Car__
New
21c
--
11%
Hosiery class A____.
(Wm)
55c
4,400
Low
*
common
Standard Paving common
Standard Radio class A
Stanley
common
B
Neilsons
Mar
25c
1.45
1.53
34c
50c
•
w—-
_r
10,400
18%
«
39c
23c
25c
High
37c
—1
Springer Sturgeon
Range Since January 1
Low
1
__
—
8%C
.20
Steel
26%
28c
14
8c
.
Preferred
Class
74
Oct
13
12,161
3%
9c
—1
National Breweries common
National Drug preferred
National
5,040
19%
Mar
11
70
40c
Mar
STOCKS—
'
Preferred
National
10
13
18%
74
Mosher Long Lac
National Grocers
22c
700
12
26%
__
Moore Corp common
Morrison
Low
35c
35c
Locomotive
Range Since January 1
>
High
13
Porcupine
Montreal
Shares
4.t
OCTOBER 29
for Week
of Prices
LISTED
WEEK
CHRONICLE
Sales
Last
Sale Price
FOR
FINANCIAL
24%
24%
25%
990
1
5.75
5.65
6.15
7,025
97% Mar
20
2.25
Feb
Feb'
3
59%
Jan
July
Oct
4% May
51%
Jun
2.25 Apr
21% May
60c
Jan
6
Sep
33% May
23 %
4.10
34
Jan
Jan
Apr
22%
Jun
70%
Jun
106% July
28
6.35
May
Oct
—.—*
46
46
510
22
Jan
49
*
42c
43c
1,480
37c
Jan
43C
Oct
1
Gc
6c
1,500
6c
Sep
8c
Jan
Oct
42
COMMERCIAL
THE
(1834)
&
FINANCIAL
OVER-THE-COUNTER
CHRONICLE
Monday, November 1, 1948
SECURITIES
Quotations for Friday October 29''
Investing Companies
Fund
Affiliated
1
Corp
10
Shares-—1
25%
1
8
1
1
Axe-Houghton Fund B
Beneficial
Corp
Holdings
Tr of
Bond Inv
Corp.
America
Inc—
Fund
Bowling Green Fund Inc
Corp
Invest
Street
7.86
15.38
4%
3%
*
1
10c
5
Inc
Fund
Axe-Houghton
9%
2
A
series
Shares
Automobile
94.79
X19.57
8.46
16.76
8.50
Inv
Canadian
1
1
25c
Fund
Delaware
Shares
Dividend
Business Equipment shares-lo
3.94
3.13
3.45
4.16
4.59
4.15
4.58
4.04
Furnishings shares
le
3.72
4.09
4
lc
4.67
4.67
Steel
shares
shares
shares
Manhattan Bond Fund Inc
8.47
Nation-Wlde
National
Bond
13.56
i
Aviation
:
Building shares
shares
9.10
Stock
'
6.96
3.38
1
5.44
1
6.43
Canal 3s
117 Va
1981
119
..
'
'>
>,v,.
Certificates
"
3.86
Jl'/aS Jan.
1,
1949
100.0209
.0293
tl'As Feb.
1,
1949
100.0140
.0216
*1%
Mar.
1, 1949
11%s Apr. 1, 1949—
11 %s June 1, 1949
100.0054
.0120
,
100.0197
.0363
99.9592
.9708
99.9476
.9608
100.0078
.0259
15.98
10.51
Ask
Bid.-
-
1
.0274
.0479
100.0199.
4.0,7
14.90
of Indebtedness—'
1%% 100.0190
4.22
3.72
"
\
1%%
7.03
1
1 April
5.95
York
New
Stocks
Agriculture
9.59
1
6.69
1
6.52
10.84
stock
Bank
1
1
6.85
9.64
11.08
12.14
1
series
bond
Diversified
8.80
1
supply
Corporate
7.47.
10.62
11.27
1
12.48
13.68
Diversified Investment Fund-1
11.15
12.22
Diversified
6.09
1.
Oct.
1949
1949
1,
Federal Intermediate Credit Bank Debentures
7.15
9.89
ll%s July
.
11 %S
7.33
Aviation
5.73
1
Automobile
6.88
,.
Inc—
Rate
Dated
1.65%
Ask
Rate
2-48
11-
1-48
bl.55
1.35%
1.55%
1-48
11-
1-48
bl.55
1.35%
3-
"
Bid
26-
1.66%
1.46%
Due
1-48
8.78
Electricial
preferred stook
equipment
I
1
10.83
6.80
8.60
Insurance
stock
1
10.74
Due
12-
1-48
bl.55
1.35%
1.55%
4-
1-48
1-
3-49
bl.55
1.35%
1.65%
1.55%
-5-
1-48
2-
1-49
bl.55
1.40%
1.65%
1.55%
Bid
Ask
1-48
3-
1-49
bl.55
1.40%
7-
1-48
4-
1-49
bl.60
1.45 %
A
2-48
8-
5-
2-49
bl.60
9-
1-48
6-
1-49
bl.65
1.50%
10-
1-48
7-
1-49
bl.65
1.55%
11-
.
1-48
8-
1-49
bl.65
1.55%
1.65% wi
1.45%
9.42
11.53
Dated
6-
1.55%
11.87
Industry
11.77
"
—1
10.69
11.72
7.54
8.18
Merchandising
1
9.66
10.59
7.74
8.39
Metals
1
9.31
10.20
Machinery
5.16
7.38
8.08
Oils
1
17.42
19.09
9.51
9.98
Pacific Coast Invest Fund—1
11.76
12.89
shares.lc
8.49
9.20
Public
1
6.25
6.85
lc
lc
6.36
1
6.19
7.31
7.93
lc
5.62
6.10
Investing
Company
Priced
Low
shares
shares
Merchandising
shares
Mining
Petroleum
shares
RR Equipment
Steel
shares
shares
Tobacco
Utility
Howe
.Incorporated
Aviation
Bank
4.46
Russell Berg Fund
5.68
5
(Geo)
Insurance Group
Stock
and
Investment
24.41
Investment Trust
9.41
84C
lc
Group
lc
13.53
14.83
1
27.06
29.41
America
of
8.58
76c
shares
Bond
Co
of
1.01
Boston
1
Dec.
2.85
3.12
26.57
1
14.53
Standard
Inves
State
11.27"
C
25.74
United
16.58
18.09
Wall
B-4
(Speculative
Bonds)
1
9.37
10.23
(Income pid Stocks)
1
(Appreciation pfd Stks)_l
16.35
17.84
Whitehall
22.37
89c
Stks)_l
Stocks)—1
26.84
Bank
18.80
17.67
6.03
Stock FundL—X
1
7.95
Share*—
9.87
14.66
16.00
(Appreciation comStks)_l
S-4 (Low Priced com Stks)—1
.12.59
13.74
com
Fund
Income
1.06%
1949
bl.12
1.06%
20,
1949
bl.12
1.067%
1.02%
bl.13
1.08%
1.02%
1949-
Jan. 27,
1
1949
Fund
Series
of
of New York
the
Manhattan
Co—lO
Bankers Trust
Ask
24%
100
313
10
Brooklyn Trust
Par
'26%
1
First
328
41 Va
Guaranty
43'A
18.60
17.29
Share*—
5.36
Independence Trust Shares
1
5.32
5.83
100.72
46.74
47.69
38'A
Manufacturers
43%
Morgan
Commercial National Bank k
Trust Co
20
Continental Bank & Trust
10
40 'A
42'A
23%
53
-_10
-
Exchange Bank k Trust-20
6.90
7.90
2.26
2.56
*
Empire Trust
50
10
13%
10
55
81
Federation Bank k Trust
31>A
Trust
(J
National
Fiduciary
"
•!
30
24%
15
Trust
New
26
Trust
P)
&
Co
Nat'l
47
52%
V
54%
'
225
219
12%
39%
84%
87%
Trust_17%
Title
40
42
25
33'A
United
&
72
75
Sterling National
14%'
States
;
25
Bank
Guarantee
16%-'"
,450
45
20
Co
Inc___100
Trust
84
~
1001,410
City Bank
York
Public
;
10
Trust
&
12
41%
'9%
&
10%
North Amer Trust Shares—
98.71
91
&
-
2.80
293'A
15%
88
Chemical Bank
16.08
Ask
,320
28
36 %
Chase National Bank
17.04
Bid
100 1,260
100
284%
Trust
41%
10.73
1
E
Sayies Mutual Fund
*
Loomis Sayies Second Fund_10
Bank
Industrial Bank of Commerce. 10
% 104
100
National
Irving Trust
Kings County Trust
Lawyers Trust
10.04
9.84
1
1
Inc
Trustee
100
Central Hanover Bank & Trust 20
■
Type Trusts-
Diversified
Oily Banks & Trust Cos.
Bid
Corn
Street Investing Corp
Unit
29.28
(Income
New York
Bank
79c
24.41
B-2
—bl.12
13.
Jan.
19.68
Wellington Fund
K-l
8-3
1948
88c
1
Union Common Stock Fund
28.54
23.60
common
6.
Jan.
51.75
21.03
1
—
27.29
(Quality
16,
Par
25o
B
1
8-1
Jan.
1.00%
1.02%
bl.ll
;
6.85
79c
1
Series
Series
14.85
1
K-2
1.00%
12.1©
48.75
Corp.*
Trusteed Industry Share*
Union Bond Fund serie* A
Union Preferred
Bonds)—_1
Grade Bds)
1.03%
bl.ll
1948
21%
6.26
10c
Inc
Co
?
20
1
Investment
Street
Bonds)
(Medium
(Low
1.03%
50.20
2%
Investors
Priced
(Investment
B-3
Ask
bl.ll
_!
1948
1948
bl.10
1.12
Keystone Custodian Funds—
B-2
23,
30.
bl.ll
1948-
1948
9.
Dec.
28.57
Inc
Selected Amer Shares
7.30
Investors Management Fund
B-l
1948
Dec.
1.00%
1.74
Sovereign
lc
Dec.
15.10
Fund
Investors Fund
Inc
Fund
4.72
:
Ltd—
lc
16.24
Bid
0.-90%
bl.10
bl.10
■
bl.12
Ask
bl.10
,
1948
Scudder, Stevens & Clark
4.10
22.58
shares
2,
^
•
Republic
1.70
shares
Group
Group
1948
12,
18.
Dec.
—
1
—1
6.12
5.23
Investors
<
Nov
—
1
5.64
4.37
Shares
10.96
4.
Nov. 26,
Shareholders Trust of Boston—1
Institutional
Nov.
Nov.
25
5
Trading
Putnam
Fund—„_10c
Income Foundation
Bid
7.82
10.26
10.00
—-1"
—
&
5.71
1
Inc
Fund
Tobacco
Petroleum
5.26
lc
shares
Plan
6.78
7.14
1
equipment
2.72
4.65
Railroad
8.92
4.28
lc
lc
lc
shares
Railroad stock
8.23
2.49
United States Treasury Bills
9.36
'
lc
shares
Utility
Railroad
6.90
lc
-lc
shares
Railroad Bond
V
100.5
Maturity—
<•
3.69
lc
lc
Institutional bond shares—lc
-
100.3
-
100.2
Price
Ask
•
5.02
15.99
4.75
shares
bond
General
v
.
,
1, 1949—
1, 1950-
Bid
7.61
4.59
Series
10.63
Industrial Machinery shares
^•.
«J&n.
7.05
1
Series
6.45
8.10
shares—lc
Fully Administered
Int. Rate
Treasury Notes—
Series
1
48.71
5.81
Maturity—
7.36
1
1
Bond
6.27
lc
*
100
*
U. S. Certificates of Indebtedness
9.84
Selected Group Series
6.31
shares
~
1.65s July 22, 1949-.
,,1%S Sept. 15, 1949
100.3
:
v
Corp—
Industrial Stock Series
6.87
lc
Electrical Equipment shares lc
Food shares
lc
Chemical
•
Dollar
Series
Building
lo
\sk
100.4
100
1949—
15.
Other Issuba
14.56
Low Priced Com Stock Series 1
New
England Fund
1
2.08
5.34
lc
lc
shares
Automobile
Bid
100.1*
20, .1949
Apr.
Panama
16.15
Stock Series
6.06
5.99
14.78
6.73
Priced
Preferred
27.10
45^30
1
Chemical
Securities—
Agricultural shares
l%s
v
10Q.20
Jan.
-l%s
•
98.8
•
Securities—
Investors
Income
30%
5:45
Group
97.28
100.10
„
12.86
series
Low
16.30
l.bz
1.90
14.49
1, 1953-1951—.
1, 1955-1953
97.28
28.45
11.90
National Security Series—
4.13
25.07
l%s Jan.
2%s Feb.
>
99.24
97.16
8.03
26.32
Balanced Fund
17.38
28%
7.33
1
,_1
Mass Investors 2d Fund
Mutual Invest Fund Inc
6.^8
3.97
10c
Mass Investors Trust
18.12
16.26
Corp
Boston
99.16
-
21.16
26.37
10
first Mutual Trust Fund
1
Fundamental Investors Inc
2
Fundamental Trust shares A—2
General Capital
Corp
1
General Investors Trust
1
First
point
a
Banks—
Loan
5.15
24.67
-o
Industrial Fund Inc.l
Financial
Home
5.15
lo
l%e Oct. 1, 1950-1948
1%* May 1, 1952-1950—.
4.51
20o
Fund
more 32nds of
one or
Federal
Ask
4.10
lo
Petroleum
1
--1
Fund
Balanced
le
Paper
Baton & Howard—
Stock
Bid
4.45
:
Speculative
Equity Fund Inc
Fidelity Fund Itu-
Federal Land Bank Bond*—
4.34
lo
lo
None-Ferrous Metals
98.74
5.7S
14.91
1.47
4.03
shares
5%
16.72
Ltd
Investment
Commonwealth
3.65
Home
10
Figures after decimal point represent
Ask
Electrical Equipment shares-lo
General Industries share*— lo
'
4.30
-1
18.13
19.86
1
4.15
5.20
Century Shares Trust
1
31.70
34.08
Chemical
Fund
;
1
13-51
Christiana Securities com__100 2,920
3,020
Preferred
-100
145
150
Ltd
Fund
Fund
Bullock
Bid
Drug shares
27%
3.92
Par
Managed Funds—
Standard Oilstocka
Associated
Broad
4.46
Business
American
Boston
4.08
Obligations Of Government Agencies
Mutual Funds—
5.61
IV*
Inc
Amerex Holding
Blair
5.11
Sescurltles
Aeronautical
Ask
Bid
Par
Mutual Funds—
Knickerbocker
Fund
4.91
Loom Is
Insurance
Series
1
1955
—1
1
Series 1956
Aetna
Casualty
Surety
<fc
10
Insurance
Aetna
Aetna
1 79 %:
Recent
10
83%
Par
Home
Insur Co of North America
Jersey Insurance of N Y
20
10
22%
Automobile
4
Casualty.
5
8%
American
Assur—r5
Equitable
American
Fidelity
& Casualty_5
2%
24
10
43
1
14%
Massachusetts
Merchant
14%
Merchants & Mfrs
Fire
~
45%
47%
-
22%
30%
28%
4
7
Re-Insurance
10
28%
30%
National
Reserve
10
23%
25%
National
American
Surety
25
10
65 %
67%
National Union Fire
25
82
60 %.
62%
Boston
——————
&
Shippers—
—10
—
New
37%
.
Amsterdam
Hampshire
New
York
North
Camden
5
Fire
Connecticut
General
Continental
Life
Casualty.
10
10
——10
(Detroit)—10
27%
29%
10
48%
35%
37%
2
Casualty
Fire
21%
Northern
56%
33%
Employees Group Assoc
Employers Reinsurance-.
•
10
Federal
10
58
36%
34%
65%
Fidelity & Deposit of Md
Fire
Assn
Fireman's
of
Phila_
Fund
of
Frisco
Firemen's of Newark
Globe
&
19881978
'100%
England Power 3s_
1978
.100
New
10
88
Pacific
Preferred Accident
61
64
Reinsurance Corp
76
79
Republic
14%
Elec
3%s
ser
Tel
Tel
&
3%s
1983
5
4
L.10
33%
2
5%
•"
k
88
v.;
89
A,
-j y
%
.
Light—
100
pfd-100
•
93%"
94%.
-
99
100
'*■"■1'
Gas & Elec—
preferred
100
4
4.50 %
3s
California
series
1978 -MOO
West Penn
■
92
.%
93% :
100
Public Service
101%"
.
Edison—.
103%
105!.f
103
104%
100
5%%
76
79
14%
15
93
94%
(Indiana) —
preferred
Public Service
of
pfd
__i
New
Mexlco.7
Tennessee Gas Transm's'n Co—
B__
1973
n__
Power 3s
1978,
100
1978.
100
'
4% %
preferred
100%
Texas Eastern
101
Tucker
100
Transmission
•
•12%
13%'
15%
5
(N Y)
(Texas)
6
"
10
27%
78%
20%
22%
3
46%
48%
Surity
:
Security (New Haven)
Springfield Fire & Marine
lo
30'A
32%
10
11
10
44%
46%
Standard Accident
10
32%
34%
73
32%
33%
Seaboard
10
"
51
a
77
Great
5
10
Hartford
Fire—
lo
■artford
Steamboiler
10
29%
118
34%
31%
121
36%
Odd lot sale
Included
change.
in
U
S
U
S*
100
Fidelity & Guaranty Co
Fire
675
50
52
x
4
Guarantee
Westchester
650
2
Flre„
10
2.50
56
Ex
(not included In year's range),
year's
range),
n Admitted
dividend.
Travelers
U S
-
Corp
"A"_-__
1
2%
2 V.
81 %
10
28
Wise-Michigan Power. 3s
29%
12%
to
(Un) Admitted
dividend,
y
e Ex-Interest,
f Flat
trading N. Y. Curb,
to
Ex-rights,
'Unlisted
z Ex-stock
r
b Big yield price,
Trading
k Admitted
price,
Cash
d Deferred delivery sales
to
sales .(not included
privileges,
dividend.
wd When
listing
on
N.
Y.
in year's rangel.
delivered,
Stock
(not
Ex¬
t Ex-stock
wi When
issued,
,
59
76
38%
♦No
80
36%
''
v
100
preferred
Okla Gas & El
4%
35%
pfd_100
.4% preferred
V 3.50%
Diego Gas & El 3s
Southern
91
Power
New England
^98%
&
87
50%
19%'
18%
100%"
98%
10
151
100%
26%
7%
City
101
"
1978
102
Phoenix
,
101'A
6%
k Lt 4 Vz%
Kentucky Utilities 4%%
100%
Indemnity Co_
10
100%
Pacific Pwr & Light 3%s—1977
24%
24%'
23%
20
N Y State Electric & Gas—
San
10
3s
Pow
101%-
4%%
Power
•
Laboratories
preferred
•
100%
25
L—20
99%
99%
83
Providence-Washington
25
3%s
3s_
R.1982
Fire
63
5
Globe & Rutgers Fire com—15
2nd preferred—
15
American-
Tel
Ohio
(Alan B)
Ask
'
preferred
conv
Bid
Refining
convertible
Kansas
•
Pac Gas
158
Republic-
Hanover Fire—
Bell
&
95%"
95
15%
Pacific
St Paul Fire & Marine
General Reinsurance Corp
Glens Falls—.
Michigan
Nashville 3%s_2003
14
5
68%
;
&
31%
5 8'A
35%
Louisville
-Par
Oil
Mont
5%
Florida
46
12.50
,
590 V
101
100
43
Pacific
Crum 4c Forster Inc
1978
29%
2.50
Northeastern
92
$i.20
-
__
5
River
19%
3%
•
10
Fire
88
Lt
•
50%
5
Fire
*Jew
Bankers
k
94%
Narragansett'Elec
8
87
Causalty
Stocks—
Ashland
100'A
Du
1967
30%
18%
American
99
:
24%
28%
5
Assur
1978
Cudahy Packing 2%s
Louisiana Pow
5
Bonding
American
Automobile
Lt 3Vis
15%
21
19
13%
17%
American of Newark
&
30%
110 %
40
$2.10 Prior preferred—.
10
$1.05 Convertible preferred-5
43 %
American
106 %
Ask
Bid
Arkansas Pow
Ask
69
American
—
29
10
55
Maryland Casualty common
American Alliance
Bid
5
50%
53 r
66
^
25
—
Ask
560
Security Issues
Companies
48 %
.—10
Life
Agricultural
Bid
100
2.54
Bonds—
Par
Trust
3.56
dividend
1
M
par
paid
i
value,
H
fin
May
on
..
default.
10.
tThese
...
bonds
'
are
subject
to
all
Federal
taxes*
TEx
$40
cash
xWWUfWetWMihJ
Volume
168
Number 4747
THE
COMMERCIAL
& 1 FINANCIAL
CHRONICLE
(1835)
THE COURSE OF BANK CLEARINGS
Bank
clearings this week
will
Preliminary figures compiled by
show
based
us,
increase
an
cities of the country, indicate that for the week ended
a
year
advicesfirom
telegraphic
upon
Week Ended Oct. 23
1948
ago;
Third
the chief
a
gain for the week ended Friday of 7{4%.
parative summary for the- week follows:
t*
Clearings—Returns by'Teirgraph
Our
'X:'A'7"
1948
New York
1947
$7,950,150,389
Chicago
City
892,000,000
+
5.2
403.599.848
+ 12.7
8an Francisco
;
;
267,115,382
.
279,400,000
+«
;
*
,307,743,000
309,585,893
Baltimore
272,633.4^7
301,285,9^4
202,500,228
cities, five days
2,986,396,170
Total ail cities, five
days
cities,
one
2,409,003,350
8.1
+
-
Total all cities for week_
jw
■
$14,262,331,62*T
a
.
..
Complete and exact details for the week
in
issue of next week.
our
We
t
v.
...
covered
cannot furnish
.
•
Accordingly, in the above the
In the
We
elaborate detailed
able
are
Oct.
ended
to give final
23.
For
that
*
Sixth
...
inasmuch
appear
decrease
was. a.
improvement of 9.3%
and
in the
ongoing to
we
press;
a
of
Reserve
District
the
totals
larger by
are
falling off of 1.0%.
furnish
we
a
Federal
Week Ended Oct. 23
Federal
-
1st
Reserve
2nd
3rd
4th
"•
York
New
—i
of
Seventh
Atlanta
•th
St.
9th
Minneapolis
Louis
BANK
1947
Inc.
$
10th
Kansas
City—
1946
or
628,802,795
12th
6,361,703;857
1,056,452,681
+
3.8
824,167,443
Total
Francisco
+ 10.3
699,540,704
505,948,142,
483,626.277
+
4.6
306,893,253
York
New
iv.,-.-:'-
663,272.138
+
6.5
602,793,891
980,069,391
+
2.4
844,911,538
660,981,311
i
604,532,035
—
2.9
444,28F;967
week ended
V'';/
454,293,945
+
7.0-
810,822,199
686,08^739-
44,139,119
209,200,0003*714,116
162,000,000
4,197, 872
+
+ 15.8
2,754.903
2,001,572
9.4
69,222,266
113,023 531
6.6
95,027,993
51,786,430
63,525,203
530, 330
144,991 589
706,410,964
663,272,138
5,6
+
+
6,239, 674
+ 32.6
5,270,641
District—Chicago—
319,886
4.1
135,692,612
93,088,197
+
6.5
602,793,891
435,079*121
<
i1
.
I.664,178
—24.7
9,982,120
9,189,844
+
5,368,663
8,291,874
6,177,875
54,071,000
5,394,985
6,711,293
12,943,740
1
*
•
■
V
557,811
7,606,542
5,497,802
4,447,497
2,948,646
0.1
5,133,582
3,164,463
4.7
44,738.000
31,277,000
+ 24.4
4,462,361
—
+
%
+ 17.9
+ 11.9
3,540,402
28,952,538
13,919,018
6.9
25,751,522
1.0
II,689,809
+ 39.3
976,768
767,107,457' ■+ 2.0
1,092.011
14,057,102
1,360,809
-Jj.1
782,656,021
4,260,289
7,411,689
11,931,714
Peoria
X
44,888,874'.
3,824,144
26,963,619
'
2,803,235
t
53,422,367
Decatur
(16
'
4,278,625
_
•Chicago'!!
+
,Vi
■
62,983,811
:
Sioux City
-
I,121,288
!'
3.0
—35.3
6,183,187
56,627,000
,
,.5.
'
+
1,252,451
_
4,354,028
384,311
+
.
Reserve
2-,478,950
9.0
—
i
Federal
—
+
II,459,032
2,238,087
19,109,848
8,958,874
+"
924,867
666,073,822
4.1
539,939,517
7,811,482
—42.5
+
26,460,206
5,084,817
9,736,407
7,751,714
4,689,174
4,137,961
+ 13.3
3,568,194
2,055,936
4,263,607
4,063.349
+
4.9
3,249,745
2,208,488
1,003,562,163
980,069,391
+
2.4
844,911,538
660,981,311
1.9
__
cities)
321,000,000
315,100,000
Kentucky—Louisville..,
118,313,337
122,354,156
3.3
Tennessee—Memphis
Illinois—Quincy
246,000,000
93,982,886
181,400,000
74,467,981
145,788,806
164,470,327
—11.4
102,215,884
73,200,867
2,012,867
2,602,552
—22.7
2,083,197
1,124,000
587,115,010
604,532,035
444,281,967
330,192,848
—
,
Total (4 cities)
Federal
Reserve
+
—
—
2.9
■
District—Mlaneapall*—
8,333,966
7,391,799
331,612,282
326,365,240
St. Paul
:
114,172,095
92,278,296
—
Dakota—Fargo
663,690,709
-
+
6,7
13,170,913
Total (7 cities).
7.3
12,381,401,589
6,214,883,929
485,944,116
11,706,452,304
5.6
+ 12.7
5,528,688
237,829,977
183,652,216
€9,733,201
50,613,604
+ 15.9
6,154,611
3.5
3,444,284
9.4
3,230,880
2,453,009
+ 17.1
9,510,633
6,624,777
336,815,592
254,779,090
—
+
11,243,231.,
"
6,912,006
1.6
+ 23.7
+
454,293,945
7.0
4,031,561
1,875,235
*
4,888,386,222
statement
showing the figures for each city for the
.
.
1947
'
1
•
Kansas—Topeka
1945
:
.
•
«
•
■»
Worcester
1,090,725
2,145,301
■/;
2,299.372
1,009,867
'
542,277,730
2,280,045
*
1,967,560
3,984,174
526,899,416
'
1,857,012
1,933,226
+ 11.0
1,927,404
1,440,028
8,849,368
7,241,959
+ 22.2
6,401,581
4,761,299.
4,820,395
+ 29.9
4.683,283
3,299,780
6,261,053
•
24,600,580
New Haven.
—
—
—
—
—
23,428,129
5.6
1,447.618
Colorado—Colorado Springs
1,027,107
3,659^.528
3,033,497
2.8
451,444 694
371,608,248
0,8
1,7351643
94^,002
587,810
+
Total (10 cities)
7;
■ ;
11,944,199-
Eleventh
5.0
8.8
+
27,499,400
19,097,068
+ 12.3'
1,791,374
New Hampshire—Manchester
10,974,964
30,884,600
1,285,161
;
5,687,105
85,843,069
4,114,003
5.5
7,445,465
270,581,269
5,738,542
206,998,670
7.2
11,030,914
+ 36.7
1,587,143
9.1
+ 13.2
11,185,826
1,681,647
570,568,328
77;; 7 7.''7-..
.
Federal Reserve
'7':-"'
-V
1,482,770
1,288,773
-+
:+
+ 26.9
6,956,825
1,116,914
-
.918.026
7
+ 12.1
I
417,704,279
316,485,836
'
5,714,643
+ 22.5
264,567,000
+ 15.7
28,155,019
27,312.467
7,010,804
Galveston
613,611!
+ 39.4
-.;
Louisiana—Shreveport
7
6,098,791
+ 15.0
4,600,708
-
Wichita Falls
6.881,760
509,908,311
■.
6,998,974
Fort Worth
'r, 20,026,100
• ' •
306,091,677
Dallas..
14,825,395
8,489,543
23,071,100
.''7-.+
1,050,913
District—Dallas-
Texas—Austin
"
-
Rhode Island—Providence.-
341,074
4,103,643
1,453,624
7.5
222,183
335,221
5,068,445
114,386,686
+ 12.6
339,258,502
2,298,776
—
Pueblo
1.5
415,631
8.8
+
6,514,874
11,991,331
j
+ 17.8
—•5.6
-+
10,876,344
384,108,754
__
Missouri—Kansas City
St. Joseph..
3.925.184
.
131,446,018
7,337,319
11,469,409
2,014,279
Wichita
$
6,308,548
143,373,706
Omaha
•
1946
Dec. %■
504,732
544,677
6,866,081
.
+
9
594,673
514,000
—
Lincoln
•
-.
Inc. or
Reserve District—Kansas City—
Hastings..
I
V
Federal
Nebraska—Fremont
District-—Rotten—
Connecticut—Hartford
3,497,304
+ 31.6
9,302,920
+ 20.6
5,455,590
197,469,000
25,221,015
4,113,000
2,581,665
•J. 7,836,565
316,493,125
+ 15.0
242,676,835
11,216,228 7
Total (6 cities)
364,073,410
+
3.1
3,109,262
136,005,000
16,188,217
3,291,000
2,117,618
5,544,755
166,255,852
•
622,447,999
628,802,795
-
•
+
■
■eeond Federal Reserve
District—Naw Yerk—
York—Albany™
—
1.0
:
Slmira
.
10,285,425
+ 146.2
2,533,601
+ 13.2
92,996,-373
Jamestown.;
98,854.377
New York—
1,948,493
5.9
66,938.780
67,326,592
1,690,210
'
6,134,602
2,045,357
■+17.2
1,441*153
+ 11.1
1,422,552
Syracuse
6,868.416,233
21,090,302
—
—
17,464,946
.
•'
i
872,774
•
r
'
;
,
V
981,027
9.1
6,166,517,660
6,818,066,082
+ 20.8
16,431,906
11,483,386
+
16,232,894;
New-Jersey—Montclair
Newark—
i__:
+ 41.1
9,623,244
6,034,370
12,803,151
+ 38.2
12,087,263
599,257
465,560
>
680.405
*
+
6.5
.
46,649,912
_
™____!
•
* -
38,950,409
+19.8'
34,734,397
26,204,097
58;860,775
_
Reserve
District—San Francisco—
135,199,921
Yakima
Utah—Salt Lake City
10,245,058
Pasadena..
51,216,786
+ 14.9
38,699,743
35,307,075
7,780,575,603;'
7,116,130,503
+
9.3tV' 6,361,703,857
/
3,745,702
76,336*530
+ 20.7
44,743,992
30,879,906
8,776,229
+ 16.7
7,879,522
6,408,388
7,364,050
+ 13.0
6.954,102
4.693,653
417,651,346
+
4.4
398,959,832
339,701,106
12.343,877
+
3.0
11,368,567
4,383,505
Total (10 Cites)
+
8,216,834
4.4
3,575,821
2,820,644
6.9
8,988,469
7,207,769
•.
in
■-
.
totals.
810,822,190
+
6.7
686,087,739
563,690,709
14,498,399,383
.+
7.3
12,381,401,589
11,-706,452,304
8,057,088,413
Estimated.
included
—
864,903,148
Outside New York
available.
9,411,846
15,551,301,205
(111-Cities)
4Not
4,584,674
10,059,512
Stockton
tNot
6,982,153,316
83.680,177
4,675,619
100,548,554
12,713,848
Santa Barbara
*
98,393,261
7.1
+
435,847,160
+
San JOse:
-
7.7
9.6
—
8,318,133
San Francisco.....
Total
+
4,436,159
163,426,364
57,269,342
69,129,631
California—Long Beach
Grand
125,558,312
4,010,920
174,995,460
Oregon—Portland
7,329,258
724,485-
——
_
Northern New Jersey
11,504,748
17,694,791
Connecticut—Stamford
Federal
'
Washington—Seattle
11,162,545
7,494,212.792
Rochester
Twelfth
\."r-
1,750,212
1,980,2241,944,215
429,558,259
,!■.
2,867,619
Buffalo
523,824,491
"i
25,321,271
„r—
Blnghamton
Total (12 cities)
11,385,736
67,928,116
5.0
3,298, 247
8,489,143
+
Lowell
■
2,222,419
13,598,933
+ 10.3
4,593,502
+
Massachusetts—Boston
New
5.6
+
3,932,734
Week Ended Oct. 23
Total (12 cities)
+
000
5,025,123
7,629,983,150
Portland
<
17,772, 670
73,045, 769
221,100,
9,835,397
14,498,3.99,383
Maine—Bangor—!.
:
304,674,565
3,794,340
15,551,301,205r
detailed
.juJ.
396,803,253
Minneapolis
166,255,852
1 *
Springfield
4.6
+
79,072, 456
Illinois—Bloomington
Ninth
316,485,836
$
New Bedford
+
Montana—Billings
417,704,279
242,676.835
1948
-
46,677,691
South Dakota—Aberdeen
+ 12.1
+ 15.0
864,903,148
'r??.
Fall River
146,527,108
64.044,261
North
509,908,311
Oct. 23 for four years:
Reserve
2,688,653
176,837,765
254,779,090
316,493,125
at—
First Federal
483,326,277
3.1
+ 12.7
336,815,592
570,508,328
..
Clearings
69,853,797
6,667,000
150,911,753
Minnesota—Duluth
330,192,848
8,057,088,413-
our
+ 26.7
3,253,659
232,552,622
8,435*000-
482,668
Des Moines
435,079,121
485,944,116
City
add
now
99,125.866
Iowa'—Cedar Rapids
Tenth
We.
142,805,818
304,674,565
706,410,964
cities*
111
______:
Outside
6,982,153,316
•
364,073,410
■■
1,454,481
2.4
120,531,334
8,270,605
„
Wisconsin—Milwaukee
569,986,421
873,995,983
587*115,010 ;,
10
2,081,756
8.6
+
692,614.976
6
San
+ 18.3
+
4.431,081
Terre Haute
,
v
569,986,421
86,482,368
Missouri—St. Louis
429,558,259
9.3
1,003,562,183
■.
2,470,109
18,776,779
South Bend
1945
523.824,491
1.0
+
:
10
11th Dallas
699,540.704
Eighth Federal Reserve District—Si.
7,116,130,503
(
.M
4,377,562
221,737,172
10,342,000
232,100,000
Indianapolis
;
2,783,777
256,344,093'
165,154,090
Indiana—Fort Wayne
iiv.+r-'
7
__
+ 10.3
80,604,206
Lansing
Dec. %
—
'
-
873,995,983
8.7
CLEARINGS
$••.
963,692,849
4
+
Rockford
1,096*161,453+
16
318,678.983
v,
14
_10
6,066,673
Grand Rapids..
<
.
v
6
;
Chicago
14,652,400
3.929.973
+ 14.9
3,948,003
District—Atlanta—
Michigan—Ann Arbor;
In the Kansas City
<«
7
Richmond
7th
Reserve
Total (10 cities)
3.8%, but in
7,780,575,603-
11
Cleveland
8th
OF
622,447.999-
,1#
—12
Philadelphia
5th
v
+
cities
12
21,583,100
+ 31.4
5,900.037
78,690,051
Louisiana—New Orleans
of*
12.1%, in the Dallas Reserve District by
19481
District*:
Boston—
+ 20.3
4,033,393
5.076.972
3.820,170
Total
:
28,370,000
+
summary by Federal Reserve Districts:
SUMMARY
V
116,307,256
206,180,251
505,846,142
Springfield.
following
143,109,795
263,430.098
239,688,873
Columbia—Washington
Alabama—Birmingham
lit the Cleveland
15.0% and in the San Francisco Reserve District by 6.7%.
In the
1.4
4,122,608
Mobile
7.3%, the-, aggregate
falling off of 2.p%.
a
+ 24.9
+ 15.3
Mississippi—Vicksburg
gain of 2.4% and the Minneapolis. Reserve District of
7.0%,
a
5,809,578
187,912,260
323,291,732
2,922,331
Macon
the week
-r-
an increase of
10.3%, in the Richmond Reserve
District«of 4.6% and in the Atlanta Reserve District of
6.5%. The Chicago Reserve
District has to its credit
692,614-,976
11,235,618
Florida—Jacksonville
'Reserve District the totals record
but the St. Louis Reserve District suffers
4,292,244
824,167,443
169,186,661
Augusta—
present further below
Philadelphia Reserve District
the Boston Reserve District the totals show
5,813,184
3.8
+
District—Rltkurad—
Nashville
clearings for the whole country having amounted to
$15,551,301,205 against $14,498,399,383 in the same week in 1947.
Outside of this city there was
a] gain of 0.7%
the bank clearings at this center
having recorded an increase of 5.6%. * We
group}
the cities according to the Federal Reserve Districts in which
they are located andi
from this it appears that, in New York District
(including this city) the totals show
an
+ 26.2
963,692,849
-
Reserve
Georgia—Atlanta
complete results for the week previous
there
8,119,928
1,056,452,681
346,427,780
Tennessee—Knoxville
the week
as
1,512,161
6,776,262
Total (6 cities)
+10.3
last day of the week in all cases has toi be
estimated;
week
5,010,632
+ 22.7
5,299,078
Maryland—Baltimore
by the foregoing will
them today,
statements however, which
and
1,748,181
6,099,604
7,536,875
Virginia—Huntington
0.5
—
•
•
ends Saturday and.the Saturday
figures;are not available at time
T
3,096,546
34.568.500
;
Richmond
+ 11.0
-
850,840,517
$15,727,579,222
;
2,415,798
1,919,641
+ 13,T
7,256,636
Federal
District of
846,339,725
_
2,205,203
3,642,242
+ 17.4
190,579,596
Virginia—Norfolk
-:
+24.0'
;
$13,411,491,10T
$14,861,239,497
day
+ 12.9
+ 13.0
2,621,985
3,570,311
Reserve District—Cleveland-
South Carolina—Charleston.^
All
2,585,486
4,697,641
372,784,997
+41.5
$11,894,843,327 $11,002.427,754.,
,*
Federal
Total (7 cities)
West
Ten
Other cities, five days__
571,576
672,000,000
1,511,390
1,096,161,453
Pennsylvania—Pittsburgh
Fifth
+
9,251,405
10,246,671
Youngstown
.
+17.5
286,444,106
.
2,171,275
796,000,000
4,060,944
Jersey—Trenton
Columbus
+13.6
354,144,221
Cleveland
2,642,239
3.2
7.2
330,038,000
Pittsburgh
+ 13.9
2,919,471
Cleveland
3.4
+
3,156,212
1,021,000,000
3*594,675
769,549
3,078,893
Cincinnati
.
+ 11.2
288,800.000
632,772
4.0
+
5,307,288
Delaware—Wilmington.—
1.0
297,123,230
748.947
822,124
1,054,000,000
Mansfield
"
St. Louis
V
+<
522,416,263
Boston
612,176,082
938,000,000
Philadelphia
1,157,111
+ 22.6
Ohio—Canton
618,141,225
I
+ 23.9
York
7.4
1949
$
928,557
1,049,877
Wilkes-Barre
Fourth
+
1946
1,185,809
1,091,761
Scranton
*U
$7,403,973,193'
or
Dec, %
1,140,570
Philadelphia
Reading
New
Inc.
$
■'
1,469,775
v
,
'
Kansas
1.
Lancaster.
' '
-
District—Philadelphia-
Total (11 cities)
;
Week Ended Oct. 30
:
Reserve
Chester
com¬
1947
*
-Bethlehem
Saturday, O^t. 30, clearings
obtairi weekly clear¬
ings will be 10.3% above those of the corresponding week last year. Our
prelim¬
inary total stands at $1.5,727,579,222 against $14,262,331,621 for the j-same week in
At this center there is
Federal
'
Pennsylvania—Altoona
for all cities of the United States from which it is
possible to
1947.
'
■
with
compared
43
7,629,983,150
+
5.6
6,214,883,929
4,888,386,222
..
;V-:-
•
••
1'^-
44
Monday, November 1, 1948
CHRONICLE
FINANCIAL
&
THE-COMMERCIAL
11836>
PARTIAL
Foreign Exchange Rates
daily
We
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies
of the Treasury the buying rate for cable transfers in the different countries of the world.
to the Secretary
Central
Algoma
Pursuant to the requirements of
give below a record for the week just passed:
V'\'.
^
5%
1st
CERTIFIED
RATES
Consolidated
TARIFF ACT
UNDER
TREASURY
TO
j
1930
OF
3%
preferred
Grocers Corp.,
Tire
Steel
stock
15-year 3>/2%
Corp.
Monetary Unit
Country and
Buying Rate for Cable Transfers In New York
Value in United States Money
Hanna
Hotel
(M.
due
St.
*
1
preferred stock__Nov
15
1st mortgage bonds
Dec
1st ref. mtge. 5s, due 1949-Nov
$4.25 preferred stock—
Dec
1
*
1
1581
1
1693
1961, 4VZ%
Castings
A.)
1685
1241
Co.,
1360
Co.—
ser.
Corp.,
Great South Bay Water Co.,
Noon
1477
1
debentures—Nov 26
debentures
4%
Nov
1962__Nov
Rubber
&
debentures, due
General
5%
Pag*
1
/
bonds, due 1959__Dec 31
inc. bonds, due 1952_Nov
1
1st mtge.
Corp.,
Manufacturing
Firestone
1948 TO OCT. 28, 1948, INCLUSIVE
OCT, 22,
;
BANK
RESERVE
FEDERAL
BY
Inc.,
East,
Viscose
American
Date
Terminals, Ltd.—
deb. stock and
mortgage
Ambassador
Dodge
EXCHANGE
FOREIGN
REDEMPTION
.j1-"
Company and Issue—
—
George Corp., 1st mtge.
Terminal Co.—
4%
bonds,
846
due 1950_Nov 10
•
<
Jacksonville
'
';
•
Denmark, krone
•
peso
Free
poundkrone
escudo
peseta
Spain,
Sweden,
—i
Switzerland, franc
Saion of South Africa,
(.928828
.924531
.918828
.020060
.020060
.020060
.208535
.208535
.208535
4.031171
4.031015
4.031171
**
•
'Ar-'i'.'/.'■
pound
—
National
**Temporarily
rate.
omitted,
1Application
Vulcanized
due
due
.144416
.376087
1.000000
1.000000
1.000000
.926875
.922291
.916458
3.991542
3.991336
3.991336
3.991336
.091324
.091324
Country
Life
Power
Press
fund
•Redemption
for
.278228
.278228
.233629
.233629
4.007500
4.007500
4.007500
1st
.233629
630,960
Discounts
+
19.999
277,472
+
10,299
300,314
+
11,325
1,136
cash
+
7
.
and
advances
Industrial loans
50,750
—
22,729,391
Total gold ctf. reserves—L_
Acceptances purchased
Sash
1,685,011
+ :
10,801
72,743
—
,658300*t
.658300*1
.658300*1
.588223*1
.588223*1
.588223*t
.561799*1
..561799*1
.561799*1
.531909*1
.531909*1
.531909*1
merchandise.
1,810
5,518,151
6,162,069
Certificates
879,100
Notes
48.100
—
+
A
—8,104,133
York
New
Ohio
Public
+
Revere
1st
9,974,992
Govt, securities-
S.
U.
Total
23,242.002
+
50.494
+ 1,112.662
and securities—
23,543,452
+
61,826
+
+
11,490
+
19,398
484.863
+
52,662
loans
Due from
P. R.
foreign banks.
Notes
of
49
.
banks
other
Uncollected ' items
Bank
■
150.8.97
2,666,200
37
32,267
premises-
Other assets
194,758
46
—
Loans—net
+
assets
369,236
49,594,486
+
2,942,836
U.
brokers
or
Other
Reserve
notes
23,993,911
—
42,445
453,613
—
Deposits:
bank—reserve
acct.
19,959,966
Treasurer—gen.
acct.
1,524,372
Member
U.
S.
S.
+
Other
49,930
5,994
—
440,554
14,319
—
447.007
11,368
—
+
3,100,917
Real
deposits
Deferred
22,371.899
&
Co.,
availability items
Other liab.,
U.
+
82,512
15,288 <
380
+
U.
6,011
—
bonds
S.
48.799,028
374,731
+
Reserve
2,864,555
Cash
Capital
securities—total
paid in__,
(Section 7)
Surplus (Section 13b)
Capital
200,017
fiurplus
Other
capital
of
to
-wrves,
note
deposit and
purchased
for
5,463
•369,236
49.0%
0.1%
+
vault
banks-.
+ 2,942.836
—
—
+
—
+
+
14,909
—
Debits
0.7%
to
during
Water
+
—
1,355
29
4
2
—
—
—
275
2
695
70
559
12
34
+
+
—
119
37
47
—
+
+
+
66
3
—
1,319
319
947
5,907
92
2,164
20
111
405
5
—
Catholic
469
374
on
decrease of
$175,000,000 in loans, in¬
holdings of Treasury bills and
$405,000,000 in demand deposits adjusted, and a decrease
and
4
.
agricultural
loans
due
A,
Nov
Lu
—
+
in
Dec
issue.
IVol.
Year-ago figures have been
we
de¬
$78,000,000 in New York City, $18,000,000 in Chi¬
cago, and $84,000,000 at all reporting member banks, and
increased $14,000,000 in the St. Louis District.
Loans to
brokers and dealers for purchasing or carrying United
^
we
corporate bonds, notes,
in the "Chronicle."
under
the
and
Watson
Co.,
States Government and other securities decreased $115,-
000,000 in New York City,; $47,000,000 in Chicago, and
$165,000,000 at all reporting member banks. ' Loans to
banks increased $53,000,000.
.
.
,
;r .
V
.
NOTICE
OF
The
Then
we
company
Name of
B.
C.
$
National
Union
Mortgage
Corp.—
Nov 10
1
Page
1578
Acme
Wire
Allied
Aloe
Title
Nov 10 '
1254
this
second
a
week
Jan
1
f4l
A kiVi4!
table
in
$3
(quar.)—
pfd.
11-
11-15
5
11-15
10-29
11-
11-15
11-10
11-
1
10-21
15c
11-
1
10-21
75c
__
____
5%
3
25c
;
(quar.)
(quar.)
Co.
Arch
American
pfd.
11-
1
10-21
American Can
Co.
Home
1214c
11-
1
10-
$1.25
12-
1
11-19
(quar.)_
30c
12-
1
11-15
12-15
11-24
...
10c
12-
1
12-
1
11-15
$3
12-15
11-12
20c
12-10
11-30
(quar.)_
(year-end)
Automobile Insurance
American
Co.
(year-end)_
Products
$1
(monthly)
Extra
American
Ice
American
Co.
6%
Machine
American
Meter
non-cum.
&
pfd.
(irreg.)
Foundry
Co
Pulley
American
Radiator
Lines
pfd.
5%
12-15
11-18
$1.25
12-20
12-10
30c
11-15
11-
I
12-24
12-
1
—„
Standard
&
Sanitary—
_*_
50c
12-24
12-
12-24
12-
1
30c
11-15
11-
5
12V2c
11-30
U-12
60c
12-15
11-30
50c
12-15
11-30
75c
12-1
11-10
30c
12-
1
11-20
U5c
Re-insurance
American
Safety Razor Corp.
Co.
Foundries
Steel
(N.
Y.)
12-
1
11-10
(quar.)_
(quar.)
(increased)
———...
Tobacco
Co. > (quar.)
Metal, Inc., 6% conv. pfd.
Anglo-Canadian Telephone Co.—
Class
A
(quar.)
Anglo-Iranian Oil Co.,
Oil
is-a)
Stock
5%
dividend)
dividend
Power,
.
5%
Natural
preferred
Gas
(quar.)
Steel
11-12
11-
1
10-20
Artloom
Carpet
(cash
Point
Co.,
5%
1
11-
8
12-
1
12-
1
25c
dividend)
11-15
11-
1
25c
3%
12-
11-15
12-20
11-15
1-1-49
12-10
1-1-49
(quar.)
5%
convertible
B
RR.__,
J5c
preferred
preferred
Manufacturing
Mills
$2
U
Ltd
conv.
Corp.
C
*:
12-
ii-10
1'
25c
(quar.)
12-
1
12-
1
11-10
12-
1
Tl-10
12-15
,11-24
12-
11-15
25c
(irreg.).
Sons _(quar,)t-___r..u
12-10
12-14
25c
25c
(quar.)
quar.)
(monthly)
;(Joseph]
1
Dtd.—
series A conv. pfd.
series
12-
12-15
(irreg.)
Mines,
11-15
12-15
Co.___
Hardware Co.,
B
West
12-15
40c
_
(quar.)
Gold
12-13
*60c
Co.
H.)
1
12-29
$1
.
dividend
(J.
11-
fl5c
&
A
1
11-30
933/4c
common
(quar.)
Hoffman
11-30 J .'ill-
15c
(quar.)
Arnold.
Avondale
12-15
20c
50c
preferred
Bancroft
11-12
200%
_
Corp
preferred
Atlanta
11-12
12-15
$1.25
...l
(quar.)
Armstrong Cork Co.,
Stock
12-15
20c
preferred
$3.75
11-5
50c
(quar.).
12-6
50c
(cash
A
Armco
1
Ltd.—
(interim)
Corp.
Arizona
^
$1.75
i__
(quar.)
American
American
11-15
25c
(quar.)—
Co
preferred
6
$1
President
American
Aunor
Payable of Ree.
25c
American
$4
Holder»
11-15
37V2C
(quar.)
com.
Sugar,
;
When
75c
(quar.)
Co.,
,
25c
(quar.)
Co.
conv.
20c
___
Corp.
„
are:
Share
:
S.)1'Company
Bros.
Amalgamated
Avco
r
20-year collateral trust bonds, series A, due 1954
Special Interest notes,(unattached
$1 lot
in our "General Corporation
Department" in the week when
(quar.)
Mortgage
5%
2
share
$1 lot
_
follow with
announced
Corp.
&
Co.
Kid
(A.
Altorfer
Autocar
Nov
per
common
name
Company
Vending
Abstract
Class
Date
8% debentures
Chilean Nitrate & Iodine Sales Corp'.—
/
5% income (dollar) debentures, due 1968——
Ellieott Sauare Co.. 1st mortgage 5% bonds
Port Concession Corp.,
167.
Philadelphia,
>
dividends
Ashdown
TENDER
Company and Issue—
§Vol.
show the dividends
Investment News
Class
Asuncion
165.
previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
6%
common
which the details were given
1260
tVol.
166.
are
week.
which
Class
stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
and
1149
DIVIDENDS
American
items are reported gross,
instead of net as previ¬
adjusted to a gross basis.
'S Noises
Below will be found a list of
1149
1
Anytime
due 1951
this
1
Dec
grouped in two separate tables. In the
bring together all the dividends announced the
Arkansas
preferred
1
Temple Country Club Membership Certificate
Dividends
Extra
*
1486
Ontario—
Warren
Lu
7%
29
23
1588
3
STOCKS
Jbhn
25
127
+
15
Nov
1957
Episcopal Corp. for the Diocese of
in
Shares
903
creased
I960—
Common
Redemption Calls and Sinking Fund
of $559,000,000 in
industrial,
due
series
Wednesday, Oct. 27:
+
4
163
J2004
11591
•
Jun.
Extra
weekly reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week
Commercial,
Anytime
1, '49
1
2024
Corp.—
bonds,
mortgage 5s,
—
1
+
+
81
—
—
24,696
week
The condition statement of
■of $163,000,000 in borrowings.
due
debs., due 1962„—Dec
Auction Sales
150
79
13
+
53
+
12 ,v. +
543
394
— 5,216
1,429
121
1.e.,
1,292
Condition Statement of Member Banks
A
bonds,
Works
5%
Special
tBeginning June 30, 1948, individual loan
before deduction of valuation reserves,
indus¬
6,070
20:
1949
bonds,
3%
164.
Argo
Oct.
due
bonds,
debenture
first
Ordinary
ended
4%
Ampco
400
__Nov
Per
—
1,582
demand deposit accounts, except
and
U.
S.
Govt,
accounts,
ously reported.
creases
income bonds
Transacted by Jenks, Kirkland & Co. in
1,712
+
115
50
9,126
banks
■Interbank
cor¬
trial loans
—
—
46,998
deposits,
Domestic
5%
1364
American
deposits adjusted
except Government
U. S. Government deposits
Interbank demand deposits:
bills
foreign
+
Time
63,640
+
+
+
Demand
88
+
84
Liabilities-
F. R.
on
make
6,187
8,366
+
+
25,032
4,341
14,585
820
2,318
Banks
Foreign banks
Borrowings
1,674
to
+
+
re-
respondents
Commitments
+
49,594,486
combined
liability
-___
+
119,709
certificate
liabilities
Contingent
■
27,543
-
accounts
gold
32
+
448,189
;
Total liabilities & cap. accts.
•Ratio
in
Reserve
—
4,444
1,683
-
Federal
with
Balances with domestic
Accounts—
—
—
3,877
33,416
2,257
securities
Other
liabilities
Total
1692
1256
1257
•Announcement
A.
notes
Treasury
—
216
485
4,002
224
obligations
:
Government
S.
1
1
,
,
194
414
bills
'
Treasury certificates of indebtedness
3,241,667
350,915
2,412.930
incl. accrued divs.
+
—
"
loans
19,304
—
Dec
Inc.—
Copper & Biass, Inc.—
General
pur-
obligations
to banks
Other
stock
convertible preferred Stock__Nov
1
6%
mortgage
lVol.
1477
Anv time
declared.
loans
estate
Loans
9,736
18.249
+
2,733
2,391
2,514
preferred
1951
mortgage bonds, dated Dec. 1, 1939
3V2% and 4% note issue, dated Dec. 1, 1936—I
Tennessee Coal, Iron & RR. Co.—
i
for
Treasury
Total
+
+
securities
169.790
+
—
175
177
agricultural
dealers
carrying:
Government
Other
Foreign
—
for purchasing or carrying:
loans
U.
—
—
securities
Other
Liabilities—
Federal
and
and
Government
S.
182
24,539
15,374
to
Loans
+
24,786
loans
138,593
chasing
Total
62,296
-
Loans—grosst
Commercial, industrial,
975
—
12.050
+
1947
(In millions of dollars)
1
Investments—total
and
Loans
1948
1948
,
Assets—
1,037,392
Oct. 22,
Oct. 13,
due
—
money
current
Dec. (—) Since
Oct. 20,
Total
6%
5s.
bonds, due 1949
J.
Anytime
Electric Light, Heat & Power Co.—
mortgage 3'/4%
first
Inc. ( +) or
146,700
+
mtge.
Service Co. of Colorado,
Richmond
of the assets and liabilities of reporting
summary
1406
CALLED
6%
Gas
Power
Roman
member banks follows:
904,897
—
22,500
550,285
—
10.682.682
Bonds
—429.191
ISSUE
Illinois,
member banks.
U. 8. Govt, securities:
...
of
$61,000,000 in Chicago, and $163,000,000 at all reporting
717
—
1406
Weight Corp.—
1st mortgage
$31,000,000 in the Boston District.
United States Gov¬
ernment deposits decreased $81,000,000.
■
Borrowings decreased $78,000,000 in New York City,*
+
—
Bills
Corp.,
Garages
Purchase
deposits adjusted increased in six districts and
decreased in six districts; the principal changes were in¬
creases of $346,000,000 in New York City, $77,000,000 in
Chicago, $35,000,000 in the Philadelphia District, and
+1,735,761
1st
mortgage and leasehold
National
Demand
R.
F.
notes
Co.,
000.000.
$
20,000
+
22,098,431
certificates
Other
$
$
Assets
prior pfd. stock
Nov 22
1st mtge. bds. due 1977-Nov
1
Corp.
1214J
.091324
.278228
of Treasury bills increased $359,000,000 in
City, $142,000,000 in Chicago and $30,000,000
each in the Kansas City and San Francisco districts.
Holdings of United States Government bonds decreased
$75,000,000 in New York City, $23,000,000 in the Cleve¬
land District, and $119,000,000 at all reporting member
banks.
Holdings of "other securities" decreased $37,-
1947
1948
1487
12410
Electric
Kingsburg Cotton Oil Co.,
Holdings
Oct. 29,
Oct. 20,
1367
1
Butte
Motoramp
New York
Increase (4-) or
1
Dec
Page
.201580
.561799*1
decrease (—) since
1951_Nov
5s,
„
.040317
.531909*1
(In thousands of dollars)
•
due
mtge.
Paper Co., Inc.—
.201580
,658300*t
Reserve Banks Combined
26
convertible
.040300
.588223*1
depends
1366
Nov
Date
W.
P.
.201580
.233629
of
1585
1
notes, series F, due 1955
Jan * 1
Appalachian Power Co.. 6% debs., series A, due 2024_July 1, '49
A.
.040300
4.007500
type
1585
15
—
5%
Corp.
.201580
upon
12
debentures—
Inc.,
Film
.040300
Closed
1484
Nov
Company and Issue—
.144416
.376000
V;
.927916
Statement of Condition of the 12 Federal
43k>ld
Bros.
Century-Fox
Alexandria
1948
&
548
1
Nov
mortgage bonds, due 1958
Portland & Rumford Falls Ry., 1st
G.)
1
due 1953_Nov
——
1st
(A.
•
Dec
Nov
1960
Spalding
944
.301678
.301678
.144416
v
1256
ENTIRE
.375971
.278242
bonds, due 1972
Nov
1
debentures, due 1969—Nov 15
series, due 1960
—Dec
1
# <«
'
.301673
.091324
•
1.960_
debentures,
Twentieth
1.000000
•
1
Co.—
debentures,
414%
4%
Oct. 27,
Fibre
414 %
6%
Closed
Dec
Minneapolis Gas Light Co., 1st mtge. 4s, due 1950
National Container Corp., 5%
debentures, due 1959
1st
•Nominal
foreign
1977
*•
*
.375971
.658300*}'
.588223*1
.561799*1"
.531909* f
Uruguay, peso——
___
—__
Uruguay, peso.,
Uruguay, peso
Uruguay, peso——————————
income
bonds,
due
•
:-K
.301678
.233629
4.007500
—~
««
••
:'c
.144416
.278242
—
mtge., "3 %
Co., 7%
Wisconsin Public Service
.201580
.040300
.091324
krona
1.000000
4.031406
Closed
y
2nd
Co.,
4%.
RR.,
series A,
bonds,
Peoples Brewing Co. of Trenton, 1st mtge. 4s,
Poli-New England Theatres, Inc.—■
.208535
3.991542
Zealand,
Portugal,
1.000000
1.000000
Placid
Marshall-Wells
Midi
.054406
.020060
1.000000
.927500
Official
New
.022850/
.054406
.301678
.144416
.375822
rupee
:
Netherlands,
guilder
Newfoundland, dollar—
Norway,
.022850
.054406
.930625
**
Dominion of,
Mexico,
.022850
.054406
■ft*
__
3.212150
3.212250
1.000000
Official
.200000*
.200000*
.200Q00*
3.212150
.022850
4.031484
pound sterling
(Metropolitan), franc—
Bigland,
India,
.251247*
.208535
koruna
Chechoslovakia,
Free
.251247*
1.000000
.930156
.020060
—
Free
,,
.251247*
.200000*
.054406
Official
France
.297733*
3.212310
Closed
dollar—
Canada,
$
.297733*
.251247*
.022850
Belgium,
franc
cruzeiro
Brazil,
$
.297733*
3%%
mortgage
Lake
$
.297733*
$
.297733*
.251247*
.200000*
3.212296
pound
Australia,
Oct. 23
°ct- 22
Argentina, peso—
For
"regular" products
•'
For
"non-regular" products
For certain industrial products
1st
Oct. 28
Oct. 27
Oct. 26
Oct. 25
8c
. ;
25c
1
11-10
: 12-17... 12-
3
Volume-168
Number
4747
THE', COMMERCIAL
Per
Name of Company
Barlow.
&
Class
lirreg.)—
com.
iquar.)__
Barnsdall
Oil
Co.
Extra
(quar.)___
Caldwell
&
&
Howell
4V4 %
Co.,
iqiiar.)
Fine
Corp.,
7%
preferred
Bigelow-Sanl'ord
Common
6%
quar.)
(quar.f
iquar.)
California
Electric
California
Pacific
iquar.)A
iquar.)
Foundries
&
3
1
1
Estates,
Central
GamewelL Company,
Garrett
General
11-19
1
10-25
$6
1
10-25
1
11-16
(The)
11-23
11-15
Globe
11-27
10-30
Goodall-Sanford,
12-15
11-15
12-15
11-15
12-15
11-12
1
11-
1
Goebel
11-
1
10-22
11-
1
10-42
l*2-49
12*
5 l/o
12-17
11-26
12-
8
$20c
Tractor
Louisiana
12-
1
Light
&
12-
1
1
Hajoca
11-15
11-
10rl5
$75c
1-
3
12-
12-
6
11-
5
12-
6
4'/o
10-28
12-
*1
_—
75c
11-30
11-15
Hartford
11-15
11-
Havana
4>/4%
1
10-28
10-21
12-
11-15
1
Copper
Chilton
Co
Chrysler
Corp.
Cincinnati
iquar.l.
Milling
preferred
Clearing
Machine
Cleveland
&
Coip.
11-5
Hewitt-Robins,
11-24
11-10
12-
11-20
4
Insulated
Colorado
5Vo
Colorado
Fuel
&
I101
convertible
Colorado
Connecticut
Consolidated
Co.
Edison
Gas
Consolidated
11-15
1
11-10
Horn
11-10
5'/o
40c
12-
1
11-15
12-
1
11-10
Humble
50c
$3.75
12-10
11-24
11-1
10-25
1
11-10
12-
1
25c
12-
1
11-
37Vic
12-
1
Hunt
12-
11-15
8
1
Foods,
11-1
10-20
1-30
40c
12-15
Cash
12-31
12-10
12-
11-15
1
$20
$50c
11-12
45c
11-30.
10-29
Interstate
10-25
Jacksonville
25c
50c
12-15
11-26
12-15
1-
11-26
11-29
11-12
preferred
75c
11-29
11-12
(quar.i
6V4c
11-1
10-22
Cooper-Bessemer Corp., common
$3
prior preferred
(quar.)
(quar.)—50c
12-28
12-14
75c
12-28
12-14
4%
Inc.
-
Company,
Cribbc-n
&
6%
Sexton,
$2
Cork
Curtis
Nest
Loom
Works,
iquar.).
preferred
Crow's
conv.
______
Coal
Co..
Ltd.
Darling
Deere
Metallic
iL.
&
A.)
Door
is-a)
Floor
&
Products,
Hudson
Diamond Ice &
Co.
Coal
Match
Distillers
deposit
Dixie
Cup
Class
Co.,-
A
Stores,
Tar
1st
Ltd.
&
6%
t
&
A
(quar.)
(auar.V__-__A———
Oil
Elmira
&
11-10
11-10
1
11-10
Fair
(The)
Class
B
11-
1
10-19
A
11-20
Long-Bell
11-
11-
1
10-25
Lord
37Vic
A-A
12-
1
11-12
Lukens
11-29
$4
6
12-20
1-3
12-15
Long-Bell
9-24
12-
A
Products,
Power
Macmillan
Company,
'
-
$5
non-cum.
1
Manhattan
11-15
11-
8
Massachusetts
11-15
11-
8
;
$1
10-23
•
12-18
11-
11-20
Co.
$4
75c
11-15
12-10
11-22
12-
1
11-
1
11-
Robbinst
6'/2c/e
1
1
12-10
1 -28-49
12-10
12-
1
12-
1
11-15
11-24
11-5
11-
8
12-
6
11-19
$1.19
11-
1
10-20
Michigan
'
Gas
$1.25
11-15
11-
$1.50
12-
1
11-12
$1
12-
1
11-12
11-23
1-
A
(year-end)
Mutual
11-20
Midland
&
(quar.)50c
11-15
10-30
Midwest
Oil
12-13
11-30
12-
11-10
Life
—
12-31
Pacific, Grain,
12-31
11-15
20c
11-17
11-
65c
$1.25
1-
5
1-
1
12-
3
12-
3
25c
12-22
25c
12-27
11-26
11-10
1-2-49
12-17
1-2-49
12-17
10-30
10*23
11-22
11-
Co.
12-
35c
12-
1
7
11-
8
11-29
11-
8
12-
1
11-
11-20
11-
11-10
1
Co.,
8%
—
$1
12-
1
11-
11-
1
894c
(quar.)
11-17
11-17
11-
11-
6 2 Vic
11-
$50c
(quar.)
11-30
11-
1-3-49
11-
______
—._
25c
$1.25
11-15
11-
8
35c
12-
11-15
11-
12-15
12-
1-15-49
1-
25c
12-
1
2-15-49
11-15
2-
Co.
iN.
of
$1.75
11-
F
1
10-21
—
$1.18%
1
12-10
11-15
60c
1-3-49
Smith
11-19
15c
12-10
(year-endl
—
——
Co.
(quar.)
(quar,)
12-
60c
12-27
12-27
1
10-25
$25c
11-
1
10-15
(s-a),__t—
4c
12-15
11-15
-A——_
20c
12-15
11-15
11-
10-23
pfd.
(quar.)
Smith
11-27
11-
6%
11-27
$1.20
$2.50
12 Vic
1
11-10
1-
3
10-22
12-
1
11-15
$1
Ltd.,
10-20
11-
12-15
11-26
50c
12-
11-18
9
25c
1-3-49
$1.12'/2
_______
1-3-49
iquar.)
1
12-
9
12-
9
7V2C
11-
1
10-20
6V4c
11-
1
10-20
12V2c
(quar.)_
12-22
11-17
$25c
12-
1
11-15
$1
class A
12-
1
Corp.—
—
(quar.)—__________—.
A
11-1
11-15
40c
com.
42140
(quar.)______
30c
$1.25
(quar.)
11-15 (
11-15
11-
12-
1
11.-15
1-1-49
12-15
1
$1.25
1-1-49
12-15
$1.25
1-1-49
12-15
$$1.06V4
12-15
12-
50c
12-20
12-10
$1
10-27
10-18
$1.12V2
1-3-49
(quar.)
(quar.)
1
12-10
60c
Co.
(quar.)
11-22
12-15
11-30
11-24
11-10
11-24
11-10
$2
;
10-28
2
50c
—
1
12-
50c
i
(quar.)
11-
20c
:
11-2
10-26
Corp
Brick
Cc.,
Co.,
Co
7c
(increased
common
62Vic
quar.)_
iquar.)
Ltd.,
Co.
1
11-15
1-5-49
'12-15
B
11-10
$1
12-10
11-10
12-15
$1.12,/2
1-3-49
$1
A (quar.)
(quar.)____
12-
1
$50c
1-2-49
62V2C
8
11-23
12-15
11-15
12-
2
com.
(quar.)
11-15
10-29
$1
12-
1
11-15
25c
12-
1
12-
1
62V2C
(quar.)
11-15
11-15
50c
Royalties, class
B
(quar.)
A
(quar.)
12-10
11-
5
T2-10
11-
5
$2.50
A
11-
50c
(quar.)
12-10
$2.50
A
Steel
11-
12-10
50c
1—
series
common
11-15
11-15
50c
Inc.,
Co.,
12-1
1-17*
40c
quar.)
V
preferred
11-29*
1
$18c
-A-
redeemable
11- 9
12-13
2-
—
(increased
10-26
11-15
1
12-
$31 'Ac
(quar.)
Co.
2
.,85c
quar.)
(quar.)
&
11-
11-19
12-
$25c
.
(increased
com.
:
Surety
25c
12-10
11-
5
25c
12-10
5
11-29
25c
12-10
11-29
25c
11-12
11-
$3
Castings
1-3-49
1
Sloane-Blaboii_Corp.—
6%
common——-
,
1
25c
__,——
Corp
iquar.)
Co.
preferred
Class
Co.—a
-A
(quar.)
Mexico
—
Co.
Electric
Shops
Roebuck
Sivyer
—
J.)
New
Refining
preferred
Signal
5
1
11-
$2
Class
Co.—
12-
1-15-49
11-15
Extra
$1.62 Vi
$1
11-19
Extra
3
11-22
11-15
preferred (qu?.r.)_L
Signode Steel Strapping' Co.,
5%
preferred
(quar.)-_l
Signal Oil & Gas Co., class A
1
12-31
1
4%
.
11-19
11-22
1
Sherwin-Williams
11-19
1
12-
common
(year-endt—
preferred
(quar.)
Railway
Shawinigan Water & Power Co.—
4
1
10-18
12-
25c
$4.50
4%
10-25
12-31
50c
—:_
Sharon
3
Co.—
(quar.)
(quar.)
,
11-10
11-
60c
—
30c
12-31
Extra
6
11-22
12-
Fisher
Seaboard
6
11-15
1
25c
iquar.)
preferred
Paper
Servel,
1
12-
$40c
&
Arms
&
$3.40
11-15
12,
35c
Mlg.
Scythes &
10-15
10-26
30c
:_
.
5
1
11-26
20c
10-26
•
Extra
Sears
11-
11-15
75c.
Savage
5
1
11-15
11-15
$1.75
"(quar.)__
&
Sagamore
3
1
2
57c
,—
pfd. (quar.)
com.
Milling
Haynes (irreg.)
Royalty Corp. (quar.)
5%
11-
11-
5c
Extra
Scott
11-15
11-24
,
$35c
&
Gas
Saco-Lowell
10-23
Insurance
preferred
11-20
15c
Extra
$1.75
(quar.)
'Participating
Midwest Packing Materials, 5%
11-20
1
(interim)
preferred
Sayre
11-20
1
12-
50c
shares
prior
Ryerson
6
11-30
1
12-
Russell-Miller
1
65c
10-25
12-
(quar.i
____________
Company,
preferred
(quar.)
Sabine
1
25c
Paper Co., Ltd., 4>4% pfd,
Roos Brothers, Inc.
<quar.)__
Roper
(George D.)
Corp
Ruppert (Jacob) 4'/2% pfd. (quar.)
11-15
12-
1
10-22
11-
25c
Co.,
Co.
Co.
5%
11-15
11-15
$1.06V4
Ltd
Oil
5%
11-12
(quar.i
•
(quar.)
Rolland
11-15
25c
1
10-29
iquar.)__
preferred
Rockland
8
12-
Canada
Gas &
Rockwood
;
10-31
America
of
Little
Rochester
5%
1
10c
iquar.)
pfd. (quar.)
Antelope Copper Mine3,. Ltd.—
4%
5
11-10
11-
$15c
common
Water
American
12-10
$1.25
11-
11-20
$1.62 Va
prior
Robinson
12-19
li- 5
12-14
4%
iquar.)
of
State
5%
11-24
12-14
25c
Co.
Service
Roan
11-10
11-10
>
'
______
$4.50 preferred (quar.)__.
Republic Drill & Tool 6% pfd.
5
11-26
11-26
1-3-49
40c
(quar.)
Cc.—
Reading Co. 4% non-cum. 1st pfd. iquar.)
'
Remington Rand, Inc., common....
A__
10-25
30c
11-10
$3
(s-a)
California
of
11-22
11-10
,
15c
pfd.
(quar.).
Steel
Corp.
Princeton
12-15
35c
V
10c
Ltd.
1
12-10
12-10
40c
(quar.)z.
Scale,
Quaker
12-15
$1.25
.
——-
Insurance
12-
$1
A___
Mills,
Public
(quar.)_
pfd.
preferred
(quar.)
Middle States
Petroleum, class B
Class
11-15
:
(accum. >
Electric
preferred
Power
9*
1
$2.40
Midland
1
Telephone
preferred
Potash
7
12-
—
4%% preferred (quar.)—
Micke^berry's Food Products,
12-
12-10
10c
Gear Co., 7%
Portsmouth
2
,'AA
Consolidated
1
50c
12-10
25c
6%
Corp.
$4
11-30
11-
(quar.)
Year-end
11-
Extra
$1
20c
$1.60
common
Storage
1
11-15
50c
Corp.—
(quar.)___________
Pneumatic
11-15
1
(quar.)
preferred
11-
1-2-49
$25c
preferred
Pillsbury
8
12-
11-19
10-20
1
11-15
(quar.)
Company
$1
8
12-
$1.50
12-
Warehouse
1
1
12-10
12-
75c
Corp. (irreg.)
Grinding Wheel Co.
Philadelphia
2
_A——
25c
$1
12-
11-19
1-1-49
(quar.)
Cement
Petrolite
11-15
1
$1
&
Ry.
Corp.
Pfaudler
11-15
12-
11-
Metropolitan
12-
"11-10
11-29
1
Messenger^ Corp.
11-
$1
*
12-
11-10
11-26
75c
25c
Merritt-Chapman & Scott Corp.—
11-10
11-15
$15c
.
.A
12-10
9394c
$1.12 »/a
Machine &
$2.25
Perkins
2
(quar.) A
Bonding
preferred
1
(year-end)
*
1
10-25
Corp.—
Cement
Pennsylvania
11-10
5
11-
1
30c
Gas
r
11-10
.
11-
10-25
1
12-10
$1V2c
Co.'(s-a):
1
1
11-20
$4
:
1
12-
11-
45c
A
1212-
11-
11-15
$1
& Co., Inc., 40c pfd.
Rig & Reel—
•
Peninsular
$ 12 Vi c
$12'/3c
-
$1
(quar.)
2
-12-10
11-15
11-
60c
■
11-10
40c
&
25c
1
20c
Interim
2
Quarterly
McKesson
12-31
Co.
11-30
dividend
12-
$12 Vic
$12'/2c
common
preferred
Shirt
12-15
$1.25
preferred iquar-.)j:_____________
Parkview Drugs (Kansas
City), Inc.—
35c
participating preference
(quar.)_-__
Pato
Consolidated
Gold
Dredging,
Ltd.—
1
11-
:
Paper
11-30
20c
___:
(casji dividend)
Stock
11-10
preferred
5%
Co.
11-
12-15
(quar.)
C.)
12-
11-30
11-18
3
1
&
(S.
11-27
11-15
20c
(quar.)_:
preferred
12-28
$25c
MacLaren
Portland
Peerless
$-1.25
$X,25.
12-15
5
65c
Finance
4
..
11-27
$3.50
;
Common
1-18
12-15
$1.06V4
l s-a I
&
(quar.)
Company
11-
12-
(quar.)_—
Mackintosh-Hemphill
Oil
Parkersburg
11-24
11-17
$1
„
10-26
11-
11-26
$1
Parker
—
2nd
lyear-end)
10-30
11-17
$1
Co
Western
11-26
$25c
iMo.l—
7r'c
10c
25c
—
—
&
6 V2 %
12-21
45c
——
Co.
Corp.
Electric
Mfg.
Pacific
11-26
$25c
Hotel,
Co.
11-22
^
Old
Ben
Coal Corp
Orange County Telephone
11-29
12-10
*—
Lumber
Steel
1-
25c
12-15
11-12
11-18
Corp._
Extra
11-22
15c
(accum.)
12-
$62j/2C
1
ii—
Baltimore
Lyon Metal
1
12-10
Ohio
11-15
12-
1
1
12-15
Bancorporatioa
Special
Ogilvie Flour Mills^ Ltd. <quar.)__
10-27
11-25
1212-
Northwest
10-26
11-15
$1.30
:____
_
—
class
$]5c
$1.75
iquar.)
common
1
$1.12V2
(quar.)—
Extra
11-30
5
60c
.' :f"';A.A=
25c
12-10
11-
25c
(Mel.)
10-20
29%c
iquar.)
Research
Fibre
Finance
State
preferred
Norfolk
11-23
50c
—
---Av-
(s-a)
Co.
6
11-
(quar.)
preferred
Year-end
11-20
30c
—.
(quar.i
Libby
9
12-
Newport News Shipbuilding 6c Dry Dock Co.
Nopco Chemical Co., 4% pfci. ser. A
(quar.)
11-23
12-15
12-10
50c
:
11-3
A
Sons
Lumber
25c
&
11-15
29c
—:
(quar.)
1-3-49
_A
11-15
1
12-15
Inc.—
Extra
1
$1.50
Corp.
1
12-
$1
—
2-1-49
;
12-
50c
quar.)
(quar.)
iquar.) _——10c
(quarJ
Reinsurance
Fairbanks Morse
A
$25c
"
Williamsport RR.
Employer's
,—
Navigation.
&
(quar.)
$25c
Ltd.
guaranteed
12-16
York
$4.50
Groceterias,Ltd.—
12-
Empire & Bay State Telegraph Co.—
4%
12-30
12-15
—
(interim)
com.
(quar.i—
Extra
12-20
_
Ltd
11-15
1 -28-49
______
'
Class
1
Ltd.—•
(quar.)
Products,
1
25c
_____
Corp.
(year-end)
Light & Chemical——
Loblaw
1
12-
$37VAc
Goods, Ltd.—
(s-al _-_A_A____
Eaton
Manufacturing Co.
Electric Boat Co
."A.
41
11-15
12-
12-
&
Extra
11-26
25c
Manufacturing Co. 1 year-end)
Company (quar,),
Steel
11-15
1594c
Picher
Eastern
1
62(4c
——A
common
12-
12-31
—
—
(quar.)
&
Corp.
11-20
(irreg.)
Co.,
1
11-10
11-16
—
(quar.i
11-
12-20
50c
Method
394%
11-15
—
Savers
$1.25
(quar.)
A
Coal
McNeil
35c
—
(irreg.)A__-AAA_____-___________
Leduc
Life
8
Rubber
preferred
Eagle
East
B
11-
(James)
$1
Duquesne Brewing Co. of Pittsburgh
Durham Hosiery
Mills, class A (irreg.)_____
Class
2
Lees
15c
iquar.)
Chemical
preference
Dwight
12-
12-
35c
A
receipts
Company,-
Tire
Libby,
12-24
10c
'
(quar.)
*
common
preferred
A Dunlop.
Lehigh
11-19*
25c
(quar.)
(quar.)
A_.
AA
preferred
(quar.,)_____:
4%
11-12*
12-15
Lionel
Common
Drackett
11-29
10c
pfd.
11-
12-10
$1.25
—
Machinery
Laboratoi-ies,
Lindsay
(quar.)——
iquar.)_._._
Dominion
A " $1
1-2-49
12-10
—
"
Dominion
11-2
12-10
_
5'A
11-15
,
5%
preferred
1-1-49
—
Inc.
1
75c
Foundry & Machine (year-end)
Lane
Bryant, Inc.
(quar.i—
Lansing Company
(quar.)
1-1-49
(quar.v
Co..
Co.
Ltd.—
Co.,
American
1
11-10
40c
(quar.)
Derby Gas & Electric Corp,
Diamond
11-15
$1.16
75c
(irreg.)
iquar.)
Glassine Co.—
Delaware
New
5
11-
12 Vic
Lakey
$12.25
—
Company
common
Delaware
'
1
$$1.50
(quar.)
preferred
Deer field
,
12-
Lakeside
1
2ic
Year-end
7%
12-
$1.75
Co.,
New
11-19
12 Vic
Gas
preferred
$1.50
——
Inc., commonA-A—
(quar.).
Pass
11.-19
1
1
.,
——
11-22
$1
common
Publishing Co., $4 prior pfd.
preferred
(accum. lAA
$7
Dahlstrom
Co,——,4.4
Company
Kinney (G. R.) Co., Inc., common.—.——
$5 prior preferred
iquar.)
Koppers Company, Inc.—
50c
Co.,
11-
1
12-
37 Vic
Kawneer
11-16
12-6
12-15
28'/8C
iquar.)—
pfd. (quar.)A
11-30
10c
______
preferred
4 VA '/<■
Seal
&
(irreg.)
1
12-
Machines—
(increased
A
Storage Warehouse
Zinc
Jersey
Special
12-
$1.06 y4
—
preferied
Crown
25c
9334c
——-
Corp.
3%%
Crompton & Knowles
v
—_
iquar.)
International
Crane
New
11-15
&
Co.,
preferred
New Bedford
5
11-26
iquar.)
(The),
7
11-30
50c
Year-end
<quar.)„__
preferred
Common
Company
:—.
.
$2.40
11-19
11-
1
$1.06 Va
Corp. (quar.)A———____
Jones
Estate
Corp
A
Jones & Laughlin Steel, common (increased)
5%
preferred A
(quar.)
___A———c—.AA__—$1
(quar.).—
...4-
11-19
12-11
12-
—
(quar.)
Company
prior
Cement
30c
:
10-30
,
5'Jo
JaAAAAA.*
933Ac
(quar.)
12-11
1
'
(quar.)__A
Spe-cial
11-12
B.I
12-
12-
A—
International Railways of Central America—
5 r/o
preferred
(accum.) A
:—:
International Silver Co
10-29
9
7
12-
preferred (s-a)__i
Neiman-Marcus Co., 414,'/» preferred
(quar.)
Neisner Bros., Inc.
(quar.)__
Extra
A
Neptune Meter Co., common (quar.) __A
11-15
12-15
25c
(year-er.dl—
Cigar.
11-
12-
1-14-49
7%
11-15
32c
dividend
12-15
(W.
11-
1
1
$1.25
com.
Co.
dividend
3
prior
8
1
12-
Nazareth
11-23
1-14-49
$4.25
——
(quar.)
common
Y.)
com.
Business
International
11-12
15c
25c
iquar.)...
•
(quar.)__
Co.
International
Stock
$$1-
(quar.i
Varnish,
12-
12-
25c
1
Steel
11-29
&
3
$1
com
Year-end
25c
Paint
12-
25c
(quar.)
Inc.,
preferred
Inland
11-15
1-3-49
140c
A____^__A__——_A—A—
Extra
12-15
$1
preferred A (quar.)
A
Industrial Rayon Corp. quar.)
11-15
56V4c
(annual).
Y.)
3
75c
_
50c
(quar.)
pfd.
pfd.
,
Vulcanized
50c
(quar.)—
Corp.,
7%
Securities
12-
11-10
40c
Naumkeag Steam Cotton (year-end!_.
Pacific
1
Co.,
Refining
Co.,
National
12-15
12-20
1
Canada,
National
••AA $2
preferred
&
Lead
of
11-10
12-14
(quar.)
Stores
Oil
Co.
12-10
1-3-49
common——.
(N.
43MJ>
Chemical
11-19
17 Vic
(quar.)——
Co.
&
1-2-49
$1.0614
5%
45c
(quar.)
common
Hardart
Drug
National
12-14
Corp
Ingersoll-Rand
preferred
<N.
B
preferred
5r/r
20c
iquar.)..
.A—AA.A-.
preferred
12-
40c
5
12-10
2
$1.75
convertible preferred
National Gypsum Co., $4.50
11-12
1
1-3-49
Ltd
Co.,
preferred
&
4'/4%
iquar.)——
Co.
Oil
Howard
87Vic
Corp. * iquar.)
Consolidated Liquidating Corp. (liquidating)
Consumers Glass, Ltd. " iquar'.)
Continental American Life Insurance Co.—
Extra
A $4.25
1
(quar.)———
Co.,
Electrochemical
12-14
(quai.) AAA—<■:
Utilities
Continental Can Co.,
Hooker
12-
Laundries
Quarterly
Honolulu
3
Corp.—
non-cum.
Consolidated
9
11-
12-
Co., Ltd. (quar.)—
Diversified Standard Securities,
$2.50
11-19
11-
$1
Amusement
Consolidated
1
11-26
11-13
$1
—A—A---;—
Elevator
Power
Consolidated
Ltd.,
k
12-
10-28
35c
—A
preferred
Milling
1
preferred
75c
(quar.)
Power'Co.
11-
12-20
$1.12Vi
(quar.)
Hibbard, Spencer, Bartlett & Co.—
Monthly
Monthly
A—
Monthly
RR.—
Wire.'
Central
11-
25c
guaranteed iquar.)
Chemical Co.
iquar.).—.
Collyer
11-15
12-
12-10
1-
12-
$1
(year-end)
pfd. (quar.)——_
Ltd.,
$1
.
(accum.
Heywood-Wakefield
8
20c
special
Clorox
National
50c
common)
Corp. (extra)—
Inc.
(quar. i
11-22
50c
AAA
(quar.i
10-22
11-15
25c
Pineapple
12-
75c
———
Pittsburgh
guaranteed
1
1
10%
Cement
11-15
15c
common.-—__
Machine,
11-
12-
Utilities—
1st preferred
6%
————.
(quar.)
National Container
85c
Co
&
25c
,A——
.
(quar.i —1
Empire
Electric
Ry.____
7%
preferred
(quar.)_
National Cash Register Co.
Newmarket
(quar.)
40c
A
.1—
Company
11-16
$2
dividend)—
(old
Co.
50c
Louis
common———
10-22
12 Vic
(s-a)
Co.
10-20
12-20
1
—40c
Co.,
1
25c
A
(quar.)
Wholesale
Hercules
Biscuit
1
10c
;
(stock
Paper
11-1
40c
_A
12-
75c
(quar.)
Co.
25c
Special
30c
(quar.)
common
preferred
Hawaiian
90c
National
$2.50
—
i
Co.,
12-10
Co
11-
5c
W'atch
Harrison
Acme
35c
(quar.)
Co., common (quai)—
convertible preferred (quar.)
.A
12-10
(quar.)—_
11-16
$2.50
common
Water
Hammermill
Power—
Railroad
11-15
1
National
20c
dividend
11-15
Wilmington & Franklin Coal—
Quarterly
_AAA_
:_
Chicago Yellow Cab Co...———1——,
Coty
(year-end 1
11-5
Chicago,
Coro,
Co.
Extra
50c
—.
Hill
1
12-
$1
(quar.i—
Co.
Corporation
Cash
2
$50c
A_
——
Chestnut
12-
25c
Hackensack
11-15
$50c
class
preferred (quar.i
Central Soya Co., Inc. (increased
quar.)——
Cessna
Aircraft Co.
lirreg.)
Chase
Candy Co.
iquar.)
$3
Co.
preferred
iquar.).——40c
__A
—'——
25c
National. Corp
11-15
$2c-
Northern Ry. Co.—
Non-cum. preferred (increased)
30c
(quar.i
1
(increased quar.)
4%
preferred (quar.)
Nashville Chattanooga & St.
35c
Inc.,
Stores
——.
Electric
12-
37'/2c
(quar.)__:
A
Hamilton
-
A
5
$1
:
com.
preferred
5%
5
11-
25c
:
I
W.)
12-20
$2.25
i.accum.)
(quar.)
_:
(H.
Graflex,
Grand
8
Inc.,
50c
—_
$3
pfd.
Ltd.—.
Brewing
Extra
11-
11-15
$1.75
(quar.)
Manufacturing
Extra
10-22
Co.
preferred
Gorham
11-19
12-
$$1.50
-
—A—
Co..
Ohio
Coon
Corp.
(quar.i
____i
Oil
11-26
25c
pfd.
1
11-15
Common
$$1
(quar.)
7'/o
Extra
11-26
3.60'/,
Cook
Co.,
Steel Castings S6
preferred
(accum.)
4 </o
5
25c
Cigar
12-
11-30
Corp
25c
Corp.
Girdler
5
11-
50c
(quar.)
General
12-15
5
11-
11-26
75c
(quar.)-'
12-15
___________
Mills
$1
A
pfd.
10-30
11-
11-
11-26
$1
4%
12-27
11-
11-26
$1
__
1
37'/3c
(quar.)_
Munising Paper, 5 c/o 1st preferred
Murray Corp. of America-
(quar.)
Ltd.,
11-15
12-15
——
Central
5%
AA
Co.,
class
12-31
$25c
Ltd.,
Motor
—
(year-end)
12-
—_
Mosinee
11-20
25c
(increased)—
12-1
12-10
——
11-20
1
—_—-
12-
12-10
20c
11-15
1
12-
Products
11-10
$1.75
$1.75
12-
Paper
11-10
1
12-10
.
25c
Co.
1
1
12-
80c
(quar.)_
preferred (quar.)
Moore-McCormack Lines (quar.)
:
common
preferred
12-
$1
(quar.)
12-
(quar.)_
Co.,
12-10
$15c
Alcohol,
Central
4%
Brush
Class
Ltd.—
Inc.—
Steel
Caterpillar
7%
preferred
Gair
1-2-49
..A—
A—
Carpenter
4%
Co.
Co.,
11-15
12-
1st
common
2nd
Great
—
Corp.,
Dock
&
-
Capital
Chile
Trailer
4%
U-rl5
$37Vic
1_.—
-
Industrial
Sulphur
Fuller
11-1
15c
—
tinci eased
Investment
B
11-15
12-
1%
7%
50c
—___
Mills,
$1.12 Vi
(quar.)
(annual)
Freeport
11-15
1
$1.06'A
Exploration Co
Foreign
Quarterly
1
12-
50c
_
!
Extra
Canadian
12-
43%c
common—
Ltd.—
.AAA
'
Ltd.
Power
Bridge Works
Gossard
"
Class
12-
Flour
12-10
Canada, Ltd.—4
Fort Pitt
Forgings,
(annual)
Vinegars,
Canadian
3
$1
A "(quar.)
Canadian
1-
15c
-A-.,
"
45
When
Holders
Payable of Rec.
Share
Co., common (quar.)—
preference B (quar.)
convertible
12-10
$2 5c
&
$4
Montana
12-31
$25c
Foreign Light
Co.—
A.
pfd.
Class^B
8
15c
_
.
____
B
11-
4
Company
Chemical
25c
4
'
X 15c
•_
(quar.)
Insurance
„preferred .(quar.i
Dry Ginger Ale,
$4.25
preferred
(quar.i
Class
1
11-
10-27
1
$25c
11-19
12-
11-20
Monsanto
12-31
Rubber,
of
Per
Name of
4
11-
15c
11-19
1
50c
7%
Canada
1
12-
Co.
$35c
Power
Title
Canada
Class
12-
11-
$25c
11-15
10-30
$1.25
_____
l!
Mills
&
75c
—
___
Canada
1
Motor
$2
-
Extra
12-
11-10
20c
Co.A—__
Cotton
Tire
(quar.)
:
11-15
$1.50
_
■-
11->15
1
11-20
50c
Inc.
____:
50c
—
Pipe Line Co.
Buckeye Steel Castings, com. (year-end 1
6%
preferred
iquar.)'
1_
;
Budd Company (The) $5
prior pfd. iquar.)
Bullock Fund,
Ltd. iirreg.i —__!
(s-aI
(1837)
Holders
Payable of Rec.
50c
Works
Shops,
$12 Vic
—
Buckeye
Common
Ford
1
12-
$1
common
Rico
Foote
12-
$1.50
iquar.)
Mfg.
Gas
Bake
93%C
Company,
Hosiery,'Ltd.
Porto
Fitz Simmons & Connell Dredge
Mineral Co.
(quar.)
11-30
11-30
60c
____
—-——^
<E.
Extra
49
60c
Company, Ltd., class A
preferred
Share
of
Fruehauf
Bruce
California
1-3-49
1-3-
River
Firestone
11-15
$1.75
I-
(F.l
1
60c
•
_____
Mills
Burkart
12-
$1
(quar.)
preferred
Co.
Extra
35c
AA
Butterfly
10-20
Carpet-
(increased
L.)
10-26
SI
common
Bowes
3%%
Federal
$1.06V4
(quar.)
Extra
Boott
Fall
11-15
(year-end)
—
Steel
11-15
4
'—
Extra
Sugar
When
75c
12-4
50c
Spinning
"
Bethlehem
Fajardo
12-
12ViQ
iquai\)__
of Company
11-18
$$1.75
common
preferred
Name
11-18
1
t$1.50
(quar.)
Bessemer Limestone & Cement Co.
Berkshire
1
50c
_____—__
,
..
1212-
50c
—
Co.
Mills, Inc., (quar.)._
Belding-Corticelli, Ltd., com.
7%
preferred iquar.l
Extra
Payable of Rec.
30c
50c
—
Beaunit
Bell
Per
25c
Mfg.
FINANCIAL, CHRONICLE
Holders
40c
____________
A_____
Beaton
When
Share
•-
Seelig Mfg.,
A
&
'
-••■•"
preferred
class
Agricultural
Chemical
Co.,
(Alexander)
__1
Socony-Vacuum
dividend
held)
(quar.)
—
11-10
12-10
11-10
dividend)
shares for each
_A__
:
:
12-
1
11-1
$1.05
12-
1
11-
1
25c
(cash
(two
12-10
$1
87V2C
_——
(quar.)__
Oil
10-25
10-25
Carpet Co.—
(quar.)
Extra
Stock
Sons
10-30
10-30
50c
&
3y2 %/ preferred
4.20%
preferred
12-24
$1.50
$1.50
common—
preferred^ (quar.)-
Common
.
(s-a)
A
12-10
11-
5
2%
12-10
11-
5
100
'
46
(1838)
THE
Name of
So no to lie
$1.25
.
Company
Corp.,
convertible
Southern
preferred A
(quar.)
5%
6%
Withington
convertible
Squibb
lE.
R.t
$4
preferred
$3.50
Co.,
Sons,
Cap
Oil
11-10
J*" £
American
Thermos
American
Tube
Sterling.
Inc.
Stoncga
Coke
Suburban
(Del.)
Ray
Co.,
18c
37V2c
Inc.
(quar.)___
11-15
11-
25c
11-29
50c
11-29
11-
(initial
common
20c
—
25c
quar.)
Oil
,$3.75
Co.
preferred A
Union
Street
United
(quar.)
Railway
Aircraft
12,/2C
-
pfd.
(accum.)
93%c
—_—
Co,
Artists'
Corp.—
'
<
'Special,
_
preferred (quar.)
Gas Improvement
$2.50
11-
1
10-15
4V2 %
11-16
11- 5
5%
Playing Card Co.
12-18
20c
12-18
50c
$1
12-16
5%
12-1
11-10
$1
1-2-49
$1.75
1-2-49
Universal
Consolidated
Oil
11-20
11-
12-15
Atlas
40c
50c
12-4
11-15
Ault «fc
11-26
11-10
5(2%
11-26
11-10
J$c
i2- 1
11-15
22 Vic
___—__
(quar.)
Universal
Insurance
,
Universal
Co.
(quar.)
Winding Co.—
preferred
(quar.)
(quar.)
Knitting Co.
Vanadium-Alloys Steel
Venezuela Syndicate, Inc.
Verney Corp. (quar.)
Virginia
Virginia
Coal
&
l
12-20
12-
1
7
(S. C.)
Company,
preferred
(quar.)
11-12
11- 8
12-
$1
12-
Warren
Wellman
W'clsbach
Corp., class A
Extra
America,
11-24
1
Bates
11-10
12-
11-13
11-13
75c
.12-11
12-1
12-11
12-1
1
Baystate
12-
1
preferred B (quar.)—95c
(S. S.) Dental Mfg. (quar.)
37M>c
12-
1
$6
11-1
10c
(s-a)
Wyandotte
Extra
8
11-16
11-
11-
90c
1
4%
11-3Q
12-15
11-30
12-17
Bliss
11-17
(E. W.)
New
6 %
Co.
Bros.
3%
12-8
11-5
(s-a)__
10c
11-29
11-13
Blue
____
10c
11-29
11-13
11-29
11-13
Bon
:
^preferred
Ami
Corp.,
-
F„ Inc. (cash dividend)
Stock dividend.
Acme Aluminum
Alloys, Inc.—
American
American
Fork
~
American
1
12-
1 f
10-29
Bullock's. Inc.
15c
11-
1
10-21
Burlington Mills.
12-
I
tfiOC
12-
6
.
12-
1
11-1
8c
11-
1
1
10-15
12-31
1-2-49
12-14
3Mj %
-v
11- 1
11-15
5%
10-22
11-30"
11-13
50c I
__________
:
4c ;
.,
10-20
10-25
1
10-30
1-31-49
11-20
30c5c
'
__j
pfd.
■
Ry.
$4.50
12-15
.
;';-"'5c~ "11-15
12 Vic
(quar.)
11-15
10-30
50c;
(quarj_
i
11-30
11-) 9
11-
9
10-20
1
10-29
I
10-29
,75c
75c
1
(monthly)
Illinois (quar.)
v
12-10
10c
11-
1
1
11-15
:
10-14*
12-
&
preferred
12-20
1-1-49
11-15
California
:
4.4-%
Water
11- 5
10-15
11-1
11-
11- 2
10-11
11-15
11-10
Columbia
12-17
12-10
Columbus
11-
1
10-20
15c
12-
1
11-24
Concord
10-31
10-15
10-31
10-15
$162Vic
Columbia
1
11-
1
1
10- 8
11-
1
10- 8
11-
1
10-15
12-31
12-10
$2.50
(quar.)
(s-a).
common
C
1
(quar.)
Plow
11-
1
11-10
2-10
11-1-
10-11
11-
i
10-11
St,
10-30
10- 6
11-15
10-20
$1.12Mi
1-1-49
12-10
Louis
a
$1.25
Co.—
,
r
20c
(quar.)
11-
\
.
*
10-18-
12-,.i'
11-18
1-3-49
20c
$16c
(quar.)
on
11-
$20c
;
12-18 *
11-15
$30c
(s-a)
6-1-49
50c
11-15
10-2Q
87MzC
Inc.
12-31
12-14
15c
11-15
10- 5
11-15
10- 5"
11-
10-15
(quar.)
National Life
Insur.
Pictures
&
Corp..
Southern
preferred
Gas
Co.
$4.25
Ohio
pfd.
(quar.)
$1.06'A
Hampshire)—
(increased)-
Corp.,
.
,
11-15
12-15
10-22
Consolidated Chemical Industries,
$1 partic. pfd. A (quar.)
11-
10-15
6%
pfd.
Corp.
1
10-20
Consolidated
11-25
11-15
11-25
11-15
5%" preferred
(s-a)
Consumers Power Co.,
11- 1
10-13
11- 1
87yac
12- 1
: ;
,
12-1;
15c
12-10
1111-
,f
1
12-10
1
$.1,1?Va
-12- 1
11» 1
11-15
10- 5
12-
1
ll-t»-
*
'37Vic
1834c
.i
10-30
.'V
;
2%~%
v
V ^
11-22
•
10-22
$20c
11-
1
11-
1
10-15
$20c
11-
1
75c
.11-
1
10-30
62yac
Ltd.—
11-15
Extra
Culver
10-30
•
3Va%
,
10-30
27MsC v' 11-15
11- 1
10- •
11-15
10-lfT
"12-1
11-20
' \ *
$50c
common:
(quar.)
12- 1
50c
-
(quar.)__
•
11- 5!
11-20
$1.13
11-5
12-
i'1 $li
•
12-lOT
11-20
$1;
preferred (quar.).
12-10
1-3-49
;
50c
:
.11-
1-3-49
$1.13
com.
11-11*
11-20
$1.12
—j.
Corp.
Sugar,
(s-a)
Cuneo Press; Inc.,
;
10-30
•
10-15
1
25c
*
preferred
Cuban Atlantic
.
10-15
11-15
10-15
11-
>$1
11-10-
1
1-2-49
12-15
,
Quarterly
Corporate Investors, class A!.
Cosmos Imperial Mills, Ltd.
(quar.).
•
Crown Cork & Seal, Ltd.
(quar.)
i
<■
;
Crown Drug Co.
(irreg.).
Crum & Forster, 8%
preferred (quar.)
,£
' Cuban-^American- Sugar,- common
(irreg,^
10-15
11-15
,
*10-15
$37c
11- L
$1.23
-
;
—
10-30
11-15
;
30c
Curtis
.
;
••,
12-10
10-3^
1
£ Corn Exchange Bank Trust Co (N. Y.)—
10-15
50c
Mills,
4% preferred (quar,).
Continental Gin Co., 4Ma %
11- 3
$1.75
$4.50
Textile
(quar.)
; :
$4:52 preferred (quar.)
,'•••; Container Corp. of America,
11- 1
11-1
$1
;
1
$1.50
(quar,)______.
11-
11- 1
12-15
11-
Edison
10-20
11-1
10- 8
18-15"
11-
(quart).,,
1
,
:
■<
50c
Inc.—
11-
1
1
47Vac
10-15
1
1
11-15
!
(quar.),
11- 1
1
10-30
11-
$5c
:-_-;.;_$$1.50
—-
-
11-26
12-
10-15
11-15
37Mjc
-
Ltd
Quarterly
;_
Connecticut Light <fc Power $2 pfd.
$1.90 preferred (quar.)
Connecticut River Power,
12-
1
'
:
$1
10-29
12-
11-
11-
$1.07
International
Dearborn
1
11-15
Confederation Life Association (Toronto)—*
Consolidated
-
5-2'
Electric—
(quar.)
(New
2- 1-
Co. (Boston)
11-15
50c
11- 1
3-1-49
(quar,)
common
11-26
37y2C
10-30
,
1
20c
20c
11-26
1
12-
9-3010-30
80c
System,
Commonwealth
a
1
11-15
$25c
quarterly basis)
a
preferred* (accum.)
Commonwealth Edison Co.
10- 9
87 '/ic
Co.—
12-24
2-15-49
30c
—
Co.
(now
Gas
4V4 %
10-19
62V2c
(quar.)
1- 3
11-15
$1.75
,
5%
pfd.
8c
10c
shown
above.
1
11-15
;
,11-15
10-30 !
10-15
12-3
$2.
12-16
12-31
1-3-49
12-17
.
10a
12-17
.11.-1
87Mac
.12- 2
11- 40*
10-20
11-15
$1.50
'
12-17
11-13
25c
-■
:___
10-30
50c
,
'
u
/ 10-19
.11-15
$50c
This -$.1.50 payment .was--previously reported as being paid, on Nov. 24, to v
;. holders of record Nov. 5.
The corrected -''♦.*;
dates-are
11-
(quar.$1.25 ;l-2-40
common
preferred ;(quar.rt
Co. (Mo.) .(lrre^.)
Mfg.
70c
$35c
•
—
Service
11- 3
55c
$1
'
9- 8
10-15
11-15
$3.50
,
Co. (N. Y.)—
$5
preferred' (quar.)
Consolidated Natural Gas (s-a-)____.
Consolidated Paper: Co. (quar,-)
1
,
8
11-15
$1.75
25c
•
12-
15c
Semi-annual
Ltd.
(quart)
.
35c
50c
(quar.)___
,
v
11-
15c
Extra;-
10-19
11-
60c
(quart)__,
10-21
87Vic
1%
\
'
1
i5c
1
11-15
$$1.50
(quar.)
preferred
10-21
11-15
$1.25
(quar.)
Colgate-Palmolive-Peet Co.,
$3.50
preferred
(quar.)
10-25
25c
■
10-21
10-30
Common
11-15
Wireless
preferred
10-30
(monthly)
Consolidated
Extra'
5%
10-30
$1
20c
$1.20
$62yac
;
10- 4*
(quar.)
Illuminating
5c
—-
11-
.
common
Ltd.
Cockshutt
11-
(quar.)
—
40c
,
Breweries,
10-30
.
11-24°
37y»C
Cable
10-20
Cocbrane-Dunlop Hardware, Ltd.—
25c
(quar.)—
12-15
11-10
Monthly
Monthly
1-14
11-15
a
11-10
25%
50c
Coast
$$28
preferred
(quar.)
1
(quar.)
16c
7%
10-20
12-
1-2-49
$1
1947)
10-22
25c
(Holding), Ltd.—
'"/ .V
5ya% preferred (s-a)
Caldwell-Linen Mills, common"
(quar.)
$-1,50 1st preferred (quar.)
>>
80c 2nd participating preferred (quar.)_i_
California Electric Power; $3 pfd.
(quar.)__
California Packing Corp,, common
(quar.)_-
10-29
-
Mr)
Co.,
Jackson Co.
Byron
12-
;
(A:
: V Extra
12-
'
Byers
5
12-
-
pfd.
v
10-15
1
(quar.)
10-15
A
(quar.)__
,
25c
Y.)
11-1
Class
-
4%%' pfd.
1
11-
dividend)
1
15c
Brothers,
11-
50c
11-
$1
preferred
12-17
-
56(40
(quar.)__
10-30
Co.__.
2nd
1-1-49
(quar.)
10-20
Extra
Butler
.
5
62 Vic
—
$3
convertible
10-25
$1.12Va
preferred
Industries
25c
I
10-25
11- 1
(quar.)
preferred
Clinton
11-15
(quar.)
pfd. (quar.)
(quar.)____
11- 1
11-8
(Mass.)—
Chicago &
preferred (quar.)
5%
Common
1
$1.50
cammon
10-25
11-16
30c
10-30
(quar.)____-
(Los Angeles), 4%
12- 8
11-15
$1.121/a
25c
Machine
12-18
17c
Electric
&
Co.
40c
(quar.)
&
12- 8
$1.50
___
Virginia
Oil,
$25c
quar.)_
Co.,
11- 3
12-18
Ry.
Electric
25c
Power
10-15
11-30
.
Cincinnati,
Co.,
25c
Rubber Co.
1
(quar.)
Common
(quar.)
11-10
11-
20c
(irreg.)
50c
.
1
(resumed)-
A.
20c
*
preferred
11-
10-21*
A
Cleveland
10-15
$3
12-
$1
preferred (quar.)
Stores, common (quar.)
Cleveland,
11-30
8c
10-11
85c
1st
Class
-11-15
11-
1
10-14-49
City
10-15
11-15
11-
common
Gity of Paris Dry Goods Co.,
7%
1st preferred
(quar.)
10-20
12-
11-15
13c
25c
Investing
7%
1-3-49
1
(quar.)
11- 3
,
11-15
12-
6- 8
10-15
$$1
10-20
1
3- 8
1
30c
1
7-15-49
1
•
1
1112-
25c
11-
1
10-15
11-
(quar.)
12-
11-1
10-15
1-14-49
XZIV2C
11-
11-10
1
4-15-49
10-15
25c
11-10
1
11-
25c
11- X
$1.50
1
12-
50c
25c
City
(reduced)
12-
27Vic
(quar.)
Cincinnati Gas
1
10- 8
10- 8
Common
10-25
10-30
10-30
10-30
(quar.)
10-20
11-
of
Cotton
10-20
75c
50c
25c
Common
10-25
35c
10-29'
11-10
Common
12-22*
1
(quar.)
10-20
11-15
common
5c
Die>
11-
11 *20
6c
75c 'v 711-15
preferred
11-1
$50c
1
1
(quar.)
Corp.
11-
-
11-
12-
75c
(series of
convertible
Chickasha
1-4-49
50c
25c
$1
Chicago Corp.
(quar.)
Chicago & North Western Ry., 5% pfd. A__
Chicago Rock Island & Pacific RR.
of
(quar.)_
10-11
50c
(quar.)
(N.
Corp.,
Chesapeake & Ohio
10-15
11-
1
8 7/10c.
Bank
Cherry-Burrell
10-15
1-15-49
11-
37Vic
S.
Mfg.. (stock
National
Columbian
4%-preferred (quar.)__
Burroughs Adding Machine
-
11-16
11-1
____'
56'Ac
$1.50
(quar.)
Extra
11-10
-STVic ;
(quar.)
Valve
Chesapeake
83/4C
Y.)
(quar.)
"B-
3ya%
1U *
1
.."; $i
:
Gas' Machine (quar.)
General Corp;, $2
Products
preferred
-
10-12
$1.12V2
(quar.)
preferred
4%
Extra
10-30
(auar.)
Home
,<■
11-15
common
Investment Co. of
Class
Buell
,
10-15
i
11-15
;
American
11-15
12-10
Shares
American
v
10-15
30c
_
preferred ; (quar.)
preferred (quar.
American Hide-& Leather. 6%
Common
$15c
'
:$2.50
/
4%
11-15
1
1
(quar.)
Estate Trust
preferred
11-20
(accura.)
l
:
Real
12-
Telephone Co.—
6% 2nd preferred (quar.)
Broadway Department Store, Inc.—
3ya%
preferred
Co.,
10-13
$1.25
(quar.)
Hoe
Furniture
Extra
American
A
10-27
1
Store
10-20
25c
of
preferred
11- 1
12-15
(quar.)_
11-
50c
Copper
30c
$15c
_
10-15
$$70
Store Investment Corp.—
conv. preferred (quar.)
Chapman
Columbia
1
$25c
(quar.)
preferred
11-
•y
__i
Co.
11-15
7%
10-29
11-25
.,
$1.25
Service
Quarterly
Champion Paper & Fiber,
-
British
11-15
4Vi%
Chain
British Columbia Pulp &
Paper, Ltd.—
10-27
12-15
11-15
15c
$4
12-
(quar.)
"Special
(quart)
$1.183/i
&
$15c
$20c
$$1.25
25c
$$1
50c
(lrreg.)
Aluminum Co. of
Canada, Ltd.—
American. Can
Holier*
11-15
Pasco
prior
$4.50
(increased
Light
10- 4>
25c
Public
Tax
10-15
(quar.)
Traction
11-1
West
de
4Vi%
4
50c
&
$ 50c
Cement
American; Business
10-
50c
Inc.
10-15
$10c
■
11-
Certain-Tced Products—
■
common
Hose
11-
i
(quar.)
Fund,
Woven
11-
•
Co.
10-20
1
quar.)
A
Co.
27'/2C
pfd. (s-a)
Board
Edison
27Vac
•
____
Box
1
Corp.
Sugar Co.,
11-1
(quar.)
Brazilian
**
Payable of Meo.
:
10%...
■
,
Stores, Ltd. (increased)
Air-Way Electric Appliance Corp
Ailoy Cast Steel Co. (quar.)
American
1111-
Sem'-annual
50c
$1.10 convertible pfd. (clears all
arrears)$1.10 convertible preferred
(quar.)
Acme Glove Works; Ltd., $1
Co.
$1
(quar.)
-
When
Share
T.
Book
12-16
10-20
Special
~
Par
Aluminium, Ltd. .<(quar.)
Airlines, 3 Vu %
11-1
1
9-30
1
$6c
(quar.)
_____
•
American
12-31
(quar.)
Fisheries Corp., common
4% preferred (quar.)_
Boston
being given in the?
'
-
American
1
$1.12
common
12-15
10-30
20c
Cuban
Chain
Ltd., 5% pfd. (quar.)_
Company (quar.)
&
class
Co.
Boston
preceding table.
preferred
10- 3
10- 5"
56'/4c
(quar.)
(S.)
Boston
dends announced this
week, these
4%
Less
Company—
Ribbon
10- 5
1-1-49
35c
Vermont
75c
(initial
10-29
10-30
$20c
$17Vic
Special
Violeta
1111-
(quar.)__:
Tobacco,
Blumenthal
6%
give the dividends announced in previous
weeks and not yet paid. The list does not
include divi¬
Portland
„
Central
15c
com.
' $25c
&
West
Central
8
$1
933/4C
quar.)
common
Bloch
pre-
South
10-
62'/2c
(quar.)
(Phila),
preferred
Class B
Alpha
(quar.)_
Co.
Electric
11-22
$18%c
__
17Vic
Gas
$5c
$1
Adams-Millis Corp. Agnew Surpass Shoe
Cerro
(quar.)
Company (quar.)
&
$3
&
tJentral
10-25
20c
Corp.,
/V;.'.'", ' '
common
Gas
v
Power
10-29
-
(quar.)
.
11-15
11-10
B
Blaumer's
12-15
Shoe
Watch
Birtman
we
Name of Company
12-13
common
Booth
A.
11-15
preferred
Best
1-15
$1.20
$50c
S.)
11-15
>
$M2y2'
1
Below
12-13
10-29
1
Bessemer Limestone & Cement—
•
■
$2
Mortgage Guaranty Co.
preferred
Class
11-3
12-
(A.
10-29
Central Steel & Wire
Common
(quae.)
11-
(quar.)
Benson & Hedges, $2 conv. preferred (quar.)
Berland Shoe Stores
(quar.)
Bertram (J.) & Sons, Ltd., class A
(quar.)__
1
12-1
$1.50 1-31-49
prior preferred
Co.
10-15
Central
12- 1
(quar.)
Apartments, $3 prior pfd.
preferred
(quar.)
1st
Benrus
1
11-15
.
25c
___________
5%
Worsted
10-15
1
12- 1
Belding-Corticelli, Ltd. (extra)
Belding Heminway Co. (quar.)
Beneficial Corp., common
(quar.)
$6
preferred
(s-a)
11- 8
11-16
Mfg.,
1
Corp.
434%
11- 8
ferred
1111-
$1
Beaux-Arts
87Vj>c
Worumbo
11-12
Y.
$10c
11-15*
11-
pfd. (quar.)
11-12
1
$2
Innes, Ltd., Class A (s-a)
11-12
12- 4
Co., Ltd
Wnolworth (F. w.), Ltd.-rAmerican deposit receipts for
1
12-
1
10c
&
Beck
Manufacturing
12-
common
Co.
10-29
11-22
Electric, common
Corp.—
3.40%
preferred
(quar.)
Central Power & Light (Texas)—
4% preferred (quar.)
11-12
Extra
11-15
£
N.
10-25
12-
Light,
&
Hudson
Central
Bathurst Power & Paper Co., Ltd.—
Class
A
(quar.)
11-10
1
(quar.)
Central
11-3
5%
Chase
(N.
11-22
50c
10-29
$1.50
preferred
Corp.
10-11
(quar.)
Light & Power—
Electric
10-29
Steel—
Commercial
10-11
1
Foundry Co., common
preferred (quar.)
(quar.)—
America
preferred
&
1
11-
Extra
Central
1
Extra
11- 8
(quar.)
Bond
Bankers
10-21
1
Woods
"
1
12-
12Vic
Porcelain
convertible
11-
Central
1
(quar.)
6%
$50c
(quar.)
12-
(quar.)
1
preferred
11-12
40c
Company (quart)
12-
Wisconsin Power & Light, 4»/2%
4.80%
preferred
(quar.)
.
Baltimore
Common
$$1.37V2
Oil
12-
preferred
12-18
1
12-
<
A
(W. H.)
12-14
3.60%
12-18
12-23
12-17
$$1.25
common
$1.10 preferred (quar.)
Central Coal & Coke (increased s-a)
$1
Barber
11-15
(1897 series)
'
$2.50
Bareco
12-1
$1
Extra
12-23
t25c
of
12-15
(quar.)
10-20
$20c
&
12-
(s-a)
10-21
11-
$3.50
White's Auto. Stores (quar.)
Wisconsin Electric Power, com.
8
$1
Power
preferred
Central Arizona
10-8
(quar.)
Conn.
'
10-21
25c
(quar.)———______
11-1
pfd.
1
25c
A
10-
25c
11-
75c
preferred
11-1
22'Ac
Co., Ltd.,
Co.,
10-20
Foundry Co., Ltd.—
5%
Inc.—
Co.
11-15
Carpenter Paper, 4% preferred (quar.)
Carson, Pirie, Scott & Co., 4V2% pfd. (quar.)
Castle (A. M.)
& Company (quar.)
Celotex
Corp., common (quar.)
8
$1.75
11- 1
12-
(quar.)
Carolina
1-21
$1.50
11-10
______
common
10-18
(quar.)
11-20'
3.80%
:
11-12
25c
3\k%
.
11-30
1
11-24
Railway of Alabama
Service
Canteen
Company,
Bankers
55c
Extra
;
7%
11-12
20c
_
Wcstinghouse Electric,
6%
11-12
11-19
:____
Wesson Oil & Snowdrift Co., Inc.—
$4 preferred (quar.)
West Indies Sugar Corp. (s-a)
Western
1
1
12-
35c
Corp. (quar.)
Engineering Co. (irreg.)
*
1
10-22
15c
prior preference
preferred
12-20
$1.13
Petroleum
$4.50
Baldwin
12-11
,
common
11-
Railroad
Co.,
12-1
1-3-49
$15c
(quar.)
$1.12y2
(quar.)
&
$$1.12'/2
(quar.).
Oil Cos.,
Ltd. (quar.)
Utilities, Ltd., 6% pfd. (quar.)
Canadian Vickers, Ltd., 7%
pfd. (accum.)__
10-18
1
$1.12V2
Manufacturing Corp.—
$2.25
preferred
(quar.)
Avondale
Mills, common
(monthly)
11-27
12-2
11-24
12-
40c
________
1
25c
of
11-19
Canadian
Avco
&
-
$4.50
Electric
Automatic
12-
5c
___
11-
11-
$3
Co.
$1.20 convertible
11-15
Power, common (quar.)
30c
"$5
preferred-(quar.)
$1.25
Vogt Manufacturing Corp. (quar.)
20c
Walker & Company
20cWalker Mfg. Co. (Wis.), common (quar.)__
-50c
''V -..'" Extra
$1
preferred (quar.)
75c
Warner &'Swasey Co.——25c
Warren
Nichols
12-20
$1
Iron—
Electric
Austin
12-1
75c
(irreg.)__
12'/2C
(quar.)
preferred
20c
Utica
Canadian
Wiborg Proprietary, Ltd.—
15c "
—
7
Diesel
Steels, Ltd.
Auto
90c convertible
Upson-Walton
Extra
1
10-
1
10-
Series
12-30
11-
1
Atlas
$1.75
1
62V2C
Refining, 4% preferred
preferred B
(quar.)
Imperial
$12yac
11-
11-
Engine Co.—
A
preferred (quar.).
Plywood Corp. (quar.)
Atlas Powder Co., 4%
pfd. (quar.)
11- 5
Extra
.
Atlas
11-15
$1.12y2
preferred
non-cum.
3%%
11-10
11-30
(quar.)
Coast
Atlantic
11-10
12-14
Canadian
(quar.)__
Line
12-16
12-10
Canadian
—
1-1-49
$1.25
10-18
10-18
1-31-49
(quar.)_
com.
—
1-1-49
•
1
Co.
4%
12-20
1-3-49
$32'/ac
Ice
1
—
City Electric,
10-11
(quar.)
Machine, Ltd., class A (quar.)
Industries, Ltd., common (quar.)
Investment Fund, Ltd, (quar.)
Investors
(quar.)
Motor Lamp Co., Ltd. (quar.)
Canadian
11-
JSG'/tc
(quar.)
(quar.)
Atlantic
——
Steel
White
Atlantic
1
10-20
•..
$20c
Canadian
Telephone Co., Ltd.—-*
Line
62M2C
Corp., Ltd
United Stockyards Corp. (year-end)
;
Extrav:*
11-24
5
1
$1.50
$1.50
preferred
preferred
50c
United
(quar.)
(quar.)_^
preferred
11-
Canadian
Atchison, Topeka & Santa Fe Ry
11- 5
8
11-
10-20
7V2C
Atlantic Coast
—
—
-
2nd
11-
11-30
$1.25
(quar.)
62V2C
(quar.)
common
11-5
*
1st
11-23
Mills—
11-24
—
7#
preferred (quar.)
United States Lines (quar.)
U. s Steel Corp., common (quar.)
preferred
11-16
(quar.)—
(quart)
preferred
-11-16
65c
—
—
U. S. Finishing Co.,
75c
$1.75
—
—
Extra
.
6%
7%
:—
(s-a)__
Extra
7%
Associated
50c
Extra
Smelting—
Goods, common
preferred (quar.)
1
(s-a)__
Convertible class A (quar.)
Canadian Converters, Ltd., class A
11-
30c
America,
1
11-
(quar.)
Car &
Common
11-
Inc.
12-1
6
-11-19
50c
;
Co
Associated Dry
12-15
■
7%
S.
Argus,
12- 1
75c
$1
5
12-
Canadian
50c
Corp., Ltd., common (quar.)
4ya%
convertible
preference
$1.25
11-
Bronze
preferred
25c
common
(quar.)
preferred (s-a)
$1.12^
11-15
12- 1
12-15
Argus
Theatre
preferred
United
of
preferred
Cotton
11-15
11-20
12-15
11-30
(quar.)
(quar.)
Co.
'
"
1
Canadian
Products—
Trap
6%
11-19
12-
10-20
(quar.)
preferred
preferred
$4.50
10-20
,«•
$1.25
Circuit, Inc.—
(quar.)
United Cities Realty, 5% preferred'(accum.)
United Engineering & Foundry, com. (quar.)
fi %
12-10.
11-1
(Mass.).—s—$2
1
25c
Common
11-9
1
Post
Arcade
11-11
12-
Lead &
11-
$20c
Association
Canada Safeway, Ltd., 4'/2%
pfd.
Canadian Bakeries,
Ltd. (initial)
$1.25
Archer-Daniels Midland
5% convertible preferred (quar.)
United Air Lines, 4Vi% preferred (quart).
United
12- 1
$1
11-
$1.75
preferred
(quar.)
Appalachian Electric Power—
4y2%
preferred
(quar.)
California—
of
10-20
5%
11-10
3
10-15
1
quar.)__
common
Works
preferred
prior
Animal
11-10
12-
•
prior
4y>%
8*
12-3
50c
v
3
10-26
11- 1
1
11-
prior preferred
Anglo-Canadian Telephone Co.—
11- 8*
-
Brewing Co. (quar.)
Tudor City
Ninth Unit, $6
,
11-15
12-
50c
Extra
$4
1
$5
11-15
~
—
Tivoli
.
1
—.—_
Co
Taylor & Fenn Co. (quar.)_
Texas Pacific Coal & Oil—
U.
12-
11-
25c
Co
Bottle
6%
75c
Extra
Union
6%
50c
Electric
New
Anchor
11-5
12- 1
11-15
Inc.
Tampaxj
11-15
11-15
25c
——
Water
American Zinc
10-29
12-
1
9-30
$1
Corp.,
preferred (quar.)
5%
11-15
5c
common
preferred lquar.)___
Susquehanna Mills, Inc. (s-a)_—
Syracuse Transit Corp——
Talon,
Smelting & Refining,
11- 1;,.
30c
—
Co., Ltd., $1.30 pfd. (quar.)
Canada Flooring, Ltd., class B (initial)
1
(quar.)
Co.
(bi-monthly)
Goods, 7% pfd. (
50c;J
'25c
1'
Insurance
Holdera
Payable of Rec.
Co.—
(quar:)-
Fire
When
Share
Telephone
Canada Cement
11-
$3
American
12-15
11-12
Camden
5%
News
&
$1 preferred (quar.)
$1.20
preferred
(quar.)
$2.50
Seating Co
Shipbuilding
Water
"Common
Finance—
Paper
American
6%
Tampa
12-31
12- 1
$1
.
quarterly
Drug
1£"15
5%
—-
California
for
(s-a)
American
Corp.—
Gas
National
preferred
Per
Name of Company
,
..,
37'/2c
Co., common
American
5c
.
,
dis¬
(quar.)
American
12- 1
be
preferred (s-a)
American
—
B—
dividend!
Coal (quar.)
Propane
Increased
Sun
class
preferred
$6
,
6%c
American
(quar.)
(stock
&
1-17
Holders
Payable of Rec.
•
shares
will
dividend
6%
5%
common
cash
■
the rate of 28c for each l/75th
Detroit
Edison
Co.
Additional
American-Marietta
l1"2^
but
:
,
Monday, November 1, 1948
1
at
of
cash
Corp.—
prcfencd
Co.,
-
share
When
Per
■
dividend)
Fractional
Viscose
(quar.)—
(quar.)
of California
Co.
$1
50c
(quar.t.
common
tributed
(stock
Edison
held.
12-10
25c
Quarterly
Standard
Detroit
11-15
$1.50
:
CHRONICLE
Share
issued
12- 1
—
(quar.)
$1
A
Seal
&
convertible
Standard
be
40c
10c
common
Inc.,
preferred
$1.60
20c
.
(quar.)
series
Brands,
Standard
of
shares
75
not
12-15
12-15
12-15
12-15
12-13
2-1-49
2-1-49
12-15
12-15
(quart)-.-——
common
preferred
&
preferred
$4
Standard
share
will
$1.25
(quar.)
Southwestern Electric Service
Sparks
One
11-15
11-15
12- 4
l*"2*
12- 6
12-15
87'/2C
preferred
.
.
Light & Traction
$1
non-cum.
FINANCIAL
Name of Company
$1
_
&
.■/
:
each
Railway Co.—
(increased quar.)
Common
.
-
American
12-20 ;ll-20
12-31
12- 3
10c;
31l/ic
,
.
Payable of Rec.
Share
(quar.)—
common
Holdert
When
Per
COMMERCIAL
11-1
;
11- 8
f
?
44 '
<
v;£] j "
Volume 168
Number 4747
THE
Per
,
Name of Company
Curtlss-Wright
Share
»
Corp.
(lrreg.)
Light Co.—
4J/2%. preferred (quar.)
Dallas Railway & Terminal Co.,
Dallas
Power
preferred (quar.)_
Davenport Water Co., 57«
$1.12
(quar.)
11-
1
10-21
11-1
35c
10-20
Co.,
1
10-20
11-
1
10-11
12-
1
11-
1
Dennison
12-
Mfg.
Co.,
class A
67o
10-
4
11-15
40c
11-15
1112-
11-15
General
Public
40c
12-15
12-
1
General
Shoe
:—
50c
11-15
11-
5
Trust Shares, preferred
Construction Co., Ltd.—
1 9c
11-
10-14
(Kansas)
(initial)
1
$3.50
preferred
class
A
preferred
preferred
(quar.)
preferred
(accum.)
1
5%
$75c
___
11-
10-22
1
Steel
(final)
7Va%
11-
40c
10-30
10-25
Gleaner
10-30
10-25
Globe-Union,
20c
(quar.)
11-15
11-
Goodall
$17Vic
Domestic
Credit, 5% preferred iquar.)
& Anglo Investment
Corp., Ltd.—
preferred (quar.)
10-30
3114c
11-
1
1
10-23
$$1.25
12-
1
11-13
11-25
10-29
11-
1
10-15
Gotham
$75c
'11-
1
10-15
(quar.)
(quar.)
preferred
Malting
Co.,-Ltd.
preferred
$37Vic
(quar.)__
com.
preferred
Tar
11-
$25c
,10-
above
ported
company
last
week
as
Power
10-
8
Grand
2-1-49
1-
7
Grayson
11-15
$25c
11-
1
10-
$25c
11-13
$$1.12Vi
Lakes
Greet
West
(H.
■./.■■■.'
preferred
Duro
12-
11-15
11-15
50c
!
11-
30c
(quar.)
11-24
15c
(quar.)__________
1-1-49
$25c
,
Bradstreet
Supply
'
Corp
______
11-
1
10-15
Hamilton
11-
1
10-25
Hancock
11-
1
8%
Co.,, class A (quar.)
Co., common A_
B
11-13
Hat
11-
1
1
10-15
65c
(quar.)
Electric
District
1
10-21
10-19
10-30
10-19
25c
:
preferred
11-
10-30
$3 convertible preferred
Erie & Pittsburgh RR., 5%
Hercules
11-19
10-30
10-30
10-16
1-25-49
10c
1-1-49
12-
1
$25c
Falstaff
Company,
Brewing
Farmers
&
6%
Corp.
preferred
(quar.)
Life
'
Quarterly ■
_•
Enterprises, Inc.—
preferred
cony;
:
i
Cash
Works
Corp
"56"
Petroleum
Association
6%
preferred
Fleury-Bissell,
Florida
Food
Power
Fair
&
Common
Stcck
(cash
(quar.)
5%
pfd.
&
dividend)
(quar.)
________
*"
Franklin
.
Co.
(increased
Co.
Baking
Cable
11-10
Illinois
12-15
Zinc
12-
1
12-29
12-
1
12-15
12-
1
1
10-20
11-
1
10-20
1
10-15
Interchemical Corp.,
1
10-15
31-1
10-15
472% preferred (quar.)
International Educational
10-30
10-15
10-20
$1
ii-i
10-20
7%
Ltd.
convertible
preferred A
12-
3
10-20
10-30
10-18
10-30
11-15
11-
11-
$1
$1.0674
\
-
11-
1
10-
8
11-1
10-15
11-1
9-24
(quar.)
Fireman
Ironrite
ii-
5
7 72 %
H-
5
9-30
5%
5c
,11-15.
11-
1
of
Ironer
Knitting
preferred
A
•'
4%
11-25
11-10
Jewel
11-25
11-10
Johns-Manville
Mines,
Stores
Bros.,
&
12-22
1
11-
1
10-15
9
11-15
11-
11-10
10-25
11-
10Q
1
1
10-15
35c
Co., Ltd.__—
preferred (s-a)_
11-30
11-10
12-1
11-
1.
12-
11-
$6
1
$$2
10-11
11-
10-30
1
25c
3.85 %
11-15
11-
50c
12-20
12-10
11-
10-15
56 Vic
50c
(quar.)
1
5
11-30
11-19
$20c
12-
1
11-
$1.50
11-
1
10-15
12-
1
11-
$1
—
.
1
9
3772c
(quar.)
11-30
11-15
967»c
11-
1
10-15
75c
pfd.
12-
1
11-10
11-15
10-29
11-
10-20
(increased)
Ltd.
(quar.) ___________
4V2% pfd. (quar.)
"$2c
,
$1.12 V2
*25c
Tobacco,
1
10-30
$3
<
Ltd.._
Myers
(quar.)
common
1
10-31
9-30
$1
National
Life
Insurance
(quar.)
Original
1
11-
1
11-
1
10-15
12-
1
11-
3
12-
1
11-
3
25c
12-
1
11-15
8772C
12-
1
11-15
12-10
11-24
capital
O/iglnal
capital
11-
1
Corp., common
preferred (quar.)
3V2 %
Miami
RR.
11-15
$1.10
$1.10
______
Special
Guaranteed
(quar.)
10-25
Sneclal
Guaranteed
(quar)
10-25
Lock
11-
1
10-15
12-
Lockwood-Dutchcss,
1
11-15
11-
1
1
v10-11
Joint
Pipe
Co.
11-
1
1
Boston
Coal
11-19
12-15
11-10
11-
10-18
11-15
10-30
11-15
10-30
11-
'$1
11-
I
'. i,J%' V \
;10-30
.
,
'
*
12-13
10-22
10-15
10-15
5%
(monthly)
Theatre
convertible
5%
Co.
&
Taylor,
Louisiana
Louisville
&
7/; 474%
Lucky
Nashville
RR.
pfd.
11-12
1
11-
6
1
11-
6
11-
1
10-20
11-15
11-
11-
5
12-30
1
10-15
11-
1
10-15
12-20
4-1-49-"
&
preferred
Sons,
M.
J.
M.
& M. Wood
1
10-16
1
10-15
(quar.)_;
common
88c
Iquar.)
12-13
11-
1
50c
11-15
11-
1
11-15
11-
1
$1.06
__
1-1-49
.
A
(quar.)
Co.
—
(Phila.)
&
M.
12 72C
(s-a)
Macco
MacFadden
10-25
11-
1
10-
1
11-
1
10-
8
1*
Consolidated
$1.0674
12-
8
1
10-
6
9-21
11-
1
10-15
11-
1
Working Co.
1
10-15
11-22
10-30
11-1
10-20
11-
10-20
1
10-3d
12r3T
1-15-49
1-15-49
12-
12-15
12-15
1
11-
5
11-
1
10-
1
10-
72C
(s-a)
10-22
12-10
10-11
(quarj
12-10
5
10-11
25c
11-15
11-
1
11-15
11-
1
10-30
10-18
1-2-49
12-20'
'-.7 75c
1-2-49
,
preferred
(irreg.)____
•■•;
12-20
"
25c
1-2-49
12-20
20c
•_
Corp.
10-30
30-18
11-
10-
t
(R. H.)
&
4V4% preferred
Co.,
A
Inc.—
(quar.)
$1.0674
___.
Square Garden Corp. (quar.).
Corp., 57« preferred (quar.)
Formerly British Rubber Co. of Canada. Ltd.
Maltine (The) Company, common
474%
convertible preferred
11-30
11-35
10-31
10-15
20c
11-15
$1.06 74
1-15-49
35c
11-30
$1.25
(quar.)
1-3-49
Corp., common——^—_________
preferred
(quar.)__'
5%
International
tions
Co.,
Marine
stock
a272 %
Mar-Tex
&
12-
40c
Products (stock dividend)
Co. (quar.)
Realization
11-
(series
$3.40
preferred
12-20
1
11-15
50C
10-20
10-20
11-
■
5,
10-31'
10.-15
5c
12-
1
11-15,
$1.50
Matthiesen & Hegeler Zinc
(irreg.)
May Department Stores, common (quar.)
$3.75
preferred
(quar.).
preferred
3
10-29:
1
11-
10%
*
$3.75
1
1-
6 ;
40c
(quar.)
Mafine Magnesium
Marshall Field
11-
11-10
Communica¬
Ltd.,
ordinary (interim).
Marine Bancorporation,
fully partic. (quar.)
Initial
8
25c
Marathon
Marconi
1
$$1.25
Mailman
4
11-19
12-15
10c
(irreg.)
Macy
4
11-
10-15
1-1-
1-3-49
Publications
Participating
10-30
11-26
11-1
11-15
$3
(quar.)__
participating
Macoil
10-15
11-
5
30c
'
(s-a)_
Madison
11-
11-
10-15
Electric—
Common
$1.50
11-
v12-20
•
25c
Corp.
10-15
10-11
11-1$,
11-15,;
$1.75
72C
1
1
3-20
1111-
37 Vic
11-20
11-20
10-20
$2
Inc.i_^'___________-___—
Insurance
County Gas &
11-
11-
10-22
$1.50
12-20
11-
1P-20
1-2-49
1
11-15
1
10-19
,
50c
Stores;
M.
1
11-
.
Lumbermans
&
11-
(quar.)
474% preferred
(quar.)
Lynch Corporation
Lynchburg & Abingdon Telegraph Co.
12-13
1
62 %C
(quar.)
(quar.)
2nd pfd.
Light $6
&
(M.)
Special
11-
62 72C
preferred
8%
Power
Lowenstein
10-30
15C
(quar.)
11-12
12-
2-24
$1
(quar.)
Luzerne
12-
3-10-49
$1
____________
preferred
convertible
Lord
'10-15
'
11-24
50c
Dock—
&
10-11
1
2-24
12-10
10c
Loew's
Lorain
10-15
12-
3-10-49
50C
Inc.
10-20
11-
1
(quar.)__;__
10-15
Co.—
10-15
;
10-23
11-
$1
11-
11-15
11-10
$1
Ca>bonic
Little
11-10
1
50c
Extra
Liquid
11-15
8
1
12-
S772c
■*•
.___
4
12-
30c
_
Printing Co., common
preferred (quar.
Link-Belt Co. (quar.)
10-
11-
1
10-1.5
75c
12-
1
11.-15
933Ac
12-
1
11-15..
93 %C
12-
1
85c
12-
1
75c
11-1
,
(quar.)
1947)
(quar.)_^
Maytag Company, $3 preferred (quar.)
$6 1st preferred (quar.)______________l__
McArthur
11-
1
25c
12-
1
12-15
10-15
11-15*
12-1
5%
7
(quar.)
$75c
1-15-49
12-15
Island—
—-__
:_
McCabe Grain
3.1-15/
11-15
■
3.0-15;
$1.50
11-
1
10-15
$25c
11-
1
10-
n-
1
11-
class A
(quar.).
$ 15c
11-
1
30-35
11-
1
10-15-
75c
11-
1
3 0-15
12-15
11-15
11-
1
10-18
11-
1
25c
11-10
10-27
12-
1
31-
1
1-3-49
11-
1-
Corp.
(quar.)_
McColl-Frontenac Oil Co.,
Electric
1
10-18
McGraw-Hill
11-1
10-18
Mclntyre
12-
Co.
Ltd.,
(quar.)
$25c
common
50c
11-10
1
"
*133/40
10-30
45c
12-10
20c
11-1
$1.2E)
llr. 1
,10-15
-
■;Ht24
10-15,,
10-15";
Light—
$1
.
ii-
1
10-11
933/4c
11-
L
10-18 1
8772c
11-
1
10-11
Publishing
Porcupine
Mines,
Ltd.
ISOV^c
(quar.)
r—4 O O
4-4McLellan Stores Co. Iquar.)
McPhail Candy Corp., common
25c
,
second
preferred
'
(quar.)
Telephone Co.,
*$%•„ preferred
(s-a)
Inc.
Meier & Frank Co.;
10-11
10c
______
$2
1
10-30
15c
12-15
,
Dredging
(quar.)
Corporation, common—
'474 7c
preferred
(quar.)
50c
12-
1
ll-
9
$1.06 74
12-
1
11-
9
50c
12-
1
11-
9
11-15
11-
1
Mead
;
11-
10-18-
,
McWilliams
Meadville
'
8
$10c
Class B
30c
(quar.)
(quar.)
(quar.)
Co., Ltd.,
.____
10-21
3772c
Co., Ltd.—
(quar'.)_
50c
'•
McGraw
■$3
Chemical
preferred
McCall
(quar.)
pfd.
12-28
12-
(quar.)___,
Corp.,
11-15
$25c
Mills, common (quar.)___. '
(quar.)
___l.
1
372%
11-10
.
preferred (quar.)
Tea Co., 3%%
preferred
$1
I
II-19
11-
Paper
Cement
12-15
.
Jersey Central Power'&
25c
Gold
25c
Co,
12-
317.C
(R.
10-31
772c
Rhode
Manufacturing
11-10
4
i
$3.50
8
|83/4C
(quar.)
preferred
1
10c
Candy Shops, Ltd.___________
R.) & Company
10-
40c
Co.
11-19
12-
$1.20
&
10-31
tS1.75
—
.
(F.
10-27
Ltd.—
55c conv. pfd.
(quar.)
Jaeger Machine Co. (increased)
9-30
Co.
11-3
35c
Participating
Jantzen
—
Trust
12-10
$1.75'
Lincoln
8
Ltd.—
(irrcg.)
Participating preferred
Iron
10-
"
(quar.)
Corp.
Common
1
1
Co.—
Foundation,
convertible
Investors
10-20
1
15c
Corp.
Co.—
Corp.
Investment
10-18
$1.1272
25c
Britain)
Intertype
Utilities
10-18
10-30
preferred
conv.
International
6%
11-
30c
(quar.)
10-30
•'
Z_
par)
10-30
6272c
(accum.)__
(quar.) _!•___
(quar.)
preferred C (s-a)
(s-a)
($5
11-15
10%
5%
preferred
11-15
10-20
10-20
20c
(quar.)
International Resistance
20c
—
(Great
par)
5c
(quar.)
pfd.
($100
10-15
11-1
1
30c
1
12-20
11-
$1.75
Canada,
11-
11-1
10-18
15c
International Petroleum Co., Ltd
10c
1
30c
10-15
30c
10-22
11-
3%
(accum.)
1
3772C
pfd.
pfd.
10-11
12-10
$1.12 72
Inc., 4727« pfd. (quar.)
Monotype Machine Co. (quar.)
Portland
Lewis
$1.1-272
25c
___i
10-15
Ltd.—
(quar.)
1272c
(quar.)
1
$1
group
11-
6%
11-
15c
8772c
10c
4%
7%
1
.
Lerner
15c
of
11-
$$1.75
&
Inc.,
Machine
Leitch
10-20
25c
(quar.)
Nickel Co.
10-16
$1.50
(quar.)
H.),
Secord
11-15
25c
preferred
International
10-16
1
$40c
Power
(M.
Lanston
1
18c
Publishing
10-30
10-31
11-
____
Bryant,
1
$1.25
group
preferred
11-20
Extra
Lane
11-
25c
Special
7%
John
Lamston
Landis
12-
50c
common
17c
20a
;
& Sons Co.,
$$1
(quar.)
International Harvester Co., common
10-15
pfd.
(quar.)
(quar.)
aviation
11-
10-15
common
Shares,
bond
11-
11-1
(quar.)
(quar.)'_ ••
;
&
$1.25
10-30
Co., common—
Corp., 'common—
4%
Extra
Institutional
11-
12-14
(quar.)
(James)
Telephone Corp.—
11-15
$3.50
(quar.)
Fabrics,
J25c
11-
3-22
12-24
(quar.)
preferred
St.
25c
$2
preferred
(quar.)
Industrial Brownhoist Corp.
9-30
12-22
4-1-49
^
Lehigh
25c
(quar.)
Indiana Associated
'
7 %
50c
10-15
10-25
Woods Milling Co., Ltd.—
Common
Lake
(quar.)
Lees
$1.50
(quar.)
10-20
Stock
pfd.
conv.
$1
1
1
Inc.
Lea
50c
Ordinary shares (interim)
Imperial Tobacco Co. of Canada,
preferred
1
1
1-2-49
3772C
Manufacturing Co.—
11-15
62Vic
(quar.)
(quar.)
Industries—
Chemical
11-
11-
$20
S7 72C
50c
11-15
25c
RR.
Co.
10-18
50c
11-15
16%c
(quar.)
(resumed)
Co.
11-15
10-30
50c
1
45c
1
10-30
Co.,
______
Co.
3
12-30
$1
t2c
(quar.)
1
50c
11-
.
pfd.
1
25c
(s-a)
11-
25c
A
Finance
Imperial
5%
Lake of the
Le Tourneau
317iC
common
Terminal
55c
t'Finkl
Bonus
Power
20c
________
General Electric Co.,
General
ioc
177>c
(quar.)_
General
Illinois
Z
General American Transnortation—
$4.25 preferred series A
General
10-15
1
Brick
(quar.)_;
.>5%-preferred (quar. )
GanWood Industries, 47a7o
'
12-
6%
12-
$1
(quar.)
Illinois
(quar.)__
Gamble-Skogmo Inc.,
fj;
Extra;
Gardner-Denver
pfd.
Co.,
preferred
$1272c
.
,
quar.)
Company, 6%
Company, common
preferred
Power
10-20
11-1
11-1
$$1.12 72 '
____—
•&
2nd
conv.
Idaho
15c
(s-a)
(Robert)
;$1.60
1
15c
Fultofl Industrial Securities
Corp.—
'$3.50
preferred
(quar.)
Gabriel Co.,'<5% conv. pfd.
(quar.)
Gabriel
Steel
Co.__./,
•vExtf-a
L™
Gale
SI
10-15
12-
12-
50c
(quar.
Laclede-Christy Co.
11-10
5674C
1272c
Extra
Gair
11-15
1-1-49
Apparel,
Plante-Choate
20c
(quar.)
25c
Telegraph
Oil
10-15
La
Lazarus
10c
933Ac
,
(A. J.), Ltd., common
<472%
preferred (quar.)
Froeatert Grain & Malting—
Fullei'ton
11-15
L'Aiglon
$1.25
Y.)
common"
11-15
343'bC
12-
35c
(quar.)
Refrigerator,
preferred
11-15
3
(quar.)
12-
377aC /
(Tom) Peanut Co. (quar.)
Huttig Sash & Door Co., 5% pfd. (quar.)__
Huyler's $2 partic. 1st pfd. (s-a)
4 7e
(quar.)
Co.
(quar.)
Special
$2.20 preferred
10-16
10-26
57c
Freiman
Common
Car
1
12-
$2.50
Kroehler Mfg., 47a %
preferred A (quar.)__
Kroger Company, common (irreg.)
7% 2nd preferred (quar.)
Kysor Heater Co.____
25c
Huston
1
6
627ac
___
Kleiser
$2.25
& Co.
$1.25
common
Mining'& Smelting
10-
12-
75c
H.)
93%c
!
(N.
10-30
(quar.)
40c
(quar.)_
(quar.)
Co.
5
1
75c
(irreg.)
common
50c
30c
Company,
5
•____
10-25
3c ,,' 10-30
Hussman
Inc.—
preferred (initial quar.)_____
preferred
3
3
11-
$1.1272
dividend
Extra
12-
$25c
(quar.)__
&
10-
$1.1874
(quar.)
Co.
$$1
(initial)
A
10-30
2
25c
series
Inc.,
Works,
(S. S.)
(S.
12-10
30c
(quar.)
class
I
15c
com.
(quar.)__
G.), Inc., $4 pfd.
Inc.
(quar.)
$$1
12-
$1.75
(quar.);
$1
U-
Company
Extra
12-
25c
Illinois
pfd.
preferred
common
12-
1 s-a)
preferred
(quar.)
interest
1
1
I-
12-15
11-12
;
Mines, Ltd.
preferred
12-20
10c
12-20
11-
11-
3-10
11-15
$1.25
(quar.)__.
A.)
Motor
12-20
Kresge
6-10
1
11-12
Fund—
Water
Lincoln
Extra
1
12-
Fund_'JL—.—___-j._______lLZZ__.7'ilV'i'4c
Bay
Hudson
12-
4%
(Formerly Food Machinery Corp.)
Bros. Gear & Machine, com.
(quar.)_
60c
11-30
$1
Foote
Foster
11-30
12-10
25c
preferred (quar.)_Z
Machinery & Chemical Corp.—
3%%
12-10
6-30-49
11-22
Co
Inc.
Plan
12-15
3-30-49
of
Extra
$1.25
;
5%
Co.,
Hardart
Hudson
$1.50
$2.50
Food
10-15
4c
Light 4V2%
Stores,
1
10%
—
of
Ltd.,
share
Special
15c
Corp
Sterling Steel & Carbide—
preferred (quar.)—
7%
11-
40c
Philadelphia (s-a)_
Firemen's Ins. Co.
(Newark, N. J.)
(s-a)_
First York Corp., $2 preferred
(s-a)
Firth
3-16
11-17
12-10
$1.1272
Company____i._:
Houston Lighting & Power, $4
pfd.
1
12-28-
held)
(Joseph)
25c
dividend)
(one
shares
preferred
preferred
&
Home
12-
35c
Fibreboard Products,
6%
11-12
<12-16
&
(Geo.
4-1-49
$$6.63
(quar.)
(stock
11-30
l-2-49s
Oil
Howe
dividend
Fire
Hormel
31V4C
_________
Screw
Enamel
Home
Horder's,
10-20
$2.50
(quar.)■
Extra
Federal
11-15
10-20
1
Horn
Grain; Ltd., 6 li% pfd. (accum.)
Federal-Mogul Corp.
(quar.) ______________
Ferro
stock
six
Co.,
Corp.,
(Henry)
1
12-
Co.
Federal
-$1.25
Federal
Holt
11-
37V2C
Insurance
8
10-26
Co.,
$1.50
Stores,
Kokomo
10-:15
5
11-12
1
$1
(quar.)
convertible
11-1
50c
$2.50
Traders
10-
1
11-
4
I
12-
1-31-49
dividend)
E.)
Sugar
$1.75
(quar.)-
-••{Syracuse) ' (quar.)
,
(Chas.
$1.50
.
Fairbanks
11-1
Beneficial
$1.377a
Liggett
(stock
Company (quar.)
Holly Stores, Inc., 5% conv. pfd. (quar.)
Ltd., 5% preferred (quar.)
Faber Coe & Gregg, common
(quar.) _______
7$ preferred (quar.)__.
Mills,
Gold
Emil)
Kobacker
11-15
11-
Supply
;
preferred
(D.
68%c
(quar.)
B
Products, 7% pfd. A (quar.)_
Chocolate
Corp.,
common
,,
$4
convertible preferred <quar.)_
Higbee Company, 5% preferred (quar.)
5%
11-15
12-20
12-
12-
25c
(quar.)
Company,
$1.50
$1.377a
(quar.)
Hershey
Holly
12-20
12-15
$1
95c
iquar.)___
50c
Steel
10-29
11-24
10-19
$1.25
&
_:
Klrkland Lake
Laura
(quar.)
pfd.
class B
10-15
11-15
10-16
7
25c
.
each
10-30
1
1
12-
$22 72c
A
in
for
Powder
1
11-
1
1
10%
& Company
Switchboard
Kirsch
10-15
$1.25
Ltd
class
preferred
Hercules
12-
11-
1
50c
class
11-15
12-
11-15
11-
America—
12-15
75c
10-29
Cementing Co.—
and
$1
•
11-15
1
20c
Corp., 5% preferred (quar.)
Hayes Mfg. Co. (increased)
Hayes Steel Products, Ltd. (increased)
Hecht Company, common (quar.)
3%%
preferred
(quar.)
Hecla Mining Co
.•
$1.25
Esmond
of
A
25c
(quar.)
11-
10-20
10-20
11-
15c
(quar.)
Keystone Pipe & Supply, 5% preferred (s-a)
Kingan & Company, 4% preferred (quar.)
Kings County Trust Co. (Brooklyn, N. Y.) —
Quarterly
Klein
1
1
25c
iquar.)
11-
11-
25c
Extra
25c
"B"
pfd. A (quar.)__
11-15
8
50c
(quar.)
& Co., 57a %
Electric Light
Payable
Hires
11-18
10-13
Co
25c
12-1
12-31
11-
12-15
75c
(quar.)
$5
Co..
Co.,
1-3-49
r
11-26
10-13
1
dividend
preferred
11-15
1
75c
(quar.)
$50c
.
12-
$1.25
20c
Empire Millwork Corp. (quar.)____
Empire Star Mines, Ltd
Employers Group Associates (quar.)
Emsco Derrick & Equipment—
4%
convertible
preferred
(quar.)
Equity Corp., 20c preferred (s-a)
11-25
$1.25
50c
Z—
12-15
1
30c
Corp. (quar.)
Brewery (quar.)
Stores
$1.25
_
Co.—
12-
50c
Hayes
25c
12-15
$60c
(quar.)
Corp.
Class
10-15
11-
11-15
25c
(quar.)
Die
Cotton
Hartford
12-
10-15
4
10-15
1
25c
Co.
5%
11-15
11-
567iC
Dock
(A.)
12-15
1
12-15
12-15
Furnace
Kentucky Utilities, 43/4% pfd. (quar.)__
Kern County Land Co.
(quar.)
9
3772c
B
11-
11-24
10-
5%
Extra
Harris
10-31
$50c
Extra
3
1
&
Vegetable Parchment Co.
(Julius)
Kellogg
Kress
preferred
Co.
Oil
Class
10-22
11-19
11-
&
Quarterly
47a%
_
preferred" (quar.)
&
Halliburton Oil Well
3
12-
1-2-49
507*
Furnace
'Common
5%
Bros.
5c
$ 1.12Vi
Oil
Works
(stock dividend)
the approval of the California
Commissioner of Corporations.
Empire
Halle
9-30
to
Drug
Smelting
preferred
11-19
10-13
11-15
1
11-
Extra
1
$25c
i_Z
(quar.)
Ohio,
Brothers
12-
11-
$1
(quar.)___
&
$5
21c
Dorado
A
Mining,
Tanning
Hale
10-15
1-2-49
1
11-15
40c
Products
9-30
30c
Co., common (quar.)
preferred
(quar.)—,
Emerson
i
10-
10-20
$1.25
preferred
1
___
Products
Electric
Mobile
$5
12-10
25c
—
Monthly
Subject
Gulf
,11- 1
$6 pfd. A (accum.)
$1.50
$7 preferred A (accum.)
—$1.75
Eastern Sugar Associates, $5
pfd. iaccum.)_
$1.25
Edgewnter Steel Co., common (monthly)
21c
4Vi%
5
15c
.
Corporation
Eastern States Corp.,
El
(quar.)__
(quar.)
(quar.)
Western
Store
17c
.
Eastern
Ekco
common
dividend)
Tap &
12-22
1
11-
11-
5
10-30
Stove
Knickerbocker
Co., Ltd. (interim)
Company, Inc. (quar.)
Light, 6% preferred (quar.)_
Griess-Pfleger
Grocery
3
1
1
11-
$1
30c
(quar.)
(quar.)
Company
Test
1
11-
$20c
Ducommon Metal &
Greenfield
■.-/
$5
10-
11-
$50c
Extra
(increased)
1
15c
Felt
L.)
Griesedieck
Extra
Duraloy
11-15
10-
20c
class
Dredge
Greenfield Gas
10-15
11-26
10-25
$1.25
common
preferred
10-15
1
Ltd.,
(stock
Great
12-
6
11-30
3373 %
Company
(quar.)
Robinson, Inc.—
1
11-15
$25c
-
10-
1
25c
(quar.)
Co., Ltd.,
Co.,
$2.25
was incorrectly rea
reduced 20c pay¬
11-
10-18
6272c
Union
Green
(quar.)
Co.
Consolidated
1
1
Industries, Ltd. (quar.)
Corporation,
common
&
$$1.25
dividend)
preferred
&
7
12-
11-15
$2.50
Common
;
Dryden Paper Co., Ltd.
Dun
;
common
Grafton
Ltd.—
Chemical
Douglas Aircraft
4$
10-18
(quar.)
(quar.)
Granby
8
$62Vic
4Vi % convertible preferred
Donohue Bros., Ltd. (quar.)
Dravo
10-18
11-15
common
50c
*
'
10-30
$20c
Ltd.,
Co.,
Hosiery
1-
11-
$$1.25
Investments,
Co., Ltd. (quar.)
Dominion Woolens & Worsteds, Ltd.
(quar.)Donnacona Paper, Ltd.—
ment.
87Vic
Stock
Kayser
10-18
(stock
Inc.
convertible
$5
10-15
1
2-1-49
$$1.25
(accum.)
&
11- 1
,
$25c
(quar.)
Dominion-Scottish
Dover
10-30
Extra
preferred
(quar.)
preferred (quar.)
The
6272C
Goodyear Tire & Rubber,
$30c
Common
Dominion
10-15
Goodyear Tire & Rubber Co. of Canada, Ltd.
4% preferred (quar.)
redeemable
'
11-15
(quar.)
Rubber
$20c
convertible
Dominion
20c
10-25
11-
2c
Light, 4% pfd.
preferred (quar.)
Kansas-Nebraska Natural Gas—
9-30
(quar.)
Harvester
Bridge, Ltd.
(quar.)
Fabrics, Ltd., common
1st
9-30
11-15
$1
87 V'2c
(s-a)
3.80%
9-30
1
Preferred
9-30
Dominion
Dominion
1
1
11-
(S. A.) Company, preferred
(s-a)_
Safety Razor, common (quar.)
preferred (quar.)
80c
Dominion
11,11-
57c
(quar.)
Kansas City Power &
11-
$20c
preferred
$5
11-1
11-15
$1
Gerrard
9-24
3
11-15
$1.50
Gillette
(quar,)
Kalamazoo
Kalamazoo
1
com.)
3c
4
(quar.)
Wares,
on
Extra
11-19
$1.37 Vi
Extra
.
B
Royalty
12-11
common—
Corp.,
preferred
General
;
(quar.)
(quar.)
(quar.)
47
When
Holder«
Payable of Rcc. v
Share
preferred
Ranch
$1.50
;
Utilities
2nd
377aC
(quar.)
preferred
conv
10-
3Vu%
Johnson
25c
Paint Corp.
(quar.)
Public Service— -
60c
Dodge Manufacturing Corp.
Dome Mines,
Ltd.
5</o
preferred
$4
Corp.
5%.
ll-lO*
1
$6
$2
$1.75
Extra
5%
1
11-
$5.50
(quar.)___
Co., Ltd.—
American deposit receipt
6%
12-
$1.25
12-23
conv.
2nd
84%c
General
Distillers
5%
4»
Motors Corp., $5 preferred (quar.)_
Outdoor Advertising,
common
Per
Name of Company
Johnson & Johnson (stock dividend
4% 2nd pfd. A (quar.)
8*
10-
10-25
Co.
Steel
Divco
10-
1
10-25
non-cum.
$1.50
10-11
1
1
stock
Diocesan Investment
Disher
1
11-
11-
General
12-
Detroit-Michigan Stove—
5 %
11-
50c
12-23
debenture
Oil
1
10-30
35c
(year-end).
11-
25c
Dentists Supply (N. Y.) 7% pfd. (quar.)—
Denver Union Stock Yard Co. (quar.)
10-25
9334c
General
1
11-15
87V2c
General
1
Payable of Rec.
50c
(quar.)___
Mills, Inc., common (quar.)
(quar.)___
preferred
(quar.)
3% %
11-
&
Light
(quar.)
Properties (quar.)
Share
;
(quar.)__
(1839)
Holdert
preferred
*37Vic
Ltd., class A (quar.)
\
Corp., common
When
preferred
$3.75
$1.25
Power
Monte
Foods
General
$1.75-
preferred (quar.)_
Class B
Delaware
Derby
Name of Company
General
11-12
$1772c
Davis Leather
$8
12- 3
$3.50
com.
FINANCIAL- CHRONICLE
Per
Payable of Rec.
$1
&
Holders
&
7c/o
Del
When
COMMERCIAL
1—
common
(quar.)
■
/, .37Vic
.
10-20
•32-
I'¬
/ 6272C
iquar.)
_________—-
1-2-49
15C
11-15
11-
1
30c
11-15
11-
1
12-15-
(1840)
48
tjtlhi
•
oi
r iinrvi.n\^xrxxx
muvcuiuci
iviuuuaj,
^xixiui^jlvxiju
jl,
jlu~xu
'
Melville
Share
of Company
Shoe
Corp.;
4%
5%
preferred
Mercantile
7%
1
10-22
1
10-22
Northwest
Extra
10-30
Northwestern
11-22
$1.75
11-15
10-30
(quar.)
Noyes (Chas. f.) Company,
10-15
Nunn-Bush Shoe
11-
1
20c
11-
1
10-20
20c
10-31
10-14
11-
1
10-15
11-
1
10-15
Ohio
10-15
1
1
11-16
Oklahoma
10-18
4%%
50c
12-15
11-15
12-15
11-15
1
11-
12-
Inc.,
Shoe,
&
10-29
10-20
$1.18%
10-30
10-20
37 vic
1-2-49
12-20
12 vic
1-2-49
12-20
Class
37 Vic
4-2-49
3-20
37 Vic
7-2-49
6-20
Oswego
4'a%
37'ac
10-&-49
9-20
Otter
25c
1-2-49
12-20
25c
Special
4-2-49
3-20
Outboard
25c
7-2-49
6-20
Outlet Company
25c
10-2-49
9-20
Owens-Illinois
$1.06 'a
10-30
10-20
$3.25
11-15
10-29
5%
1
10-15
Pacific
—
(quar.)
Common
(quar.)
Common
(quar.)
.
——
preferred (quar.)
preferred iquar.) _•
Miller '& Rhoads, 4'a % pfd. iquar.)
Mfnneapolis-Moline Power Implement Co.—
'$6.50 convertible preferred (accum.)
Mississippi Power & Lieht, $6 pid. (quar.) —
Mississippi Valley Public Service Co.—
il
prior
51
prior
Common'
(quar.)
preferred
5%
Class
b
(quar,).
Line,
—
Montreal
Plan
Morris
of
Corp.
Diablo
Co.,
Mining
Producers
Mountain
56'ac
National
Battery
National
By-Products,
Mfg.
5%
Lead
Tea
Transit
Natomas
10-15
Pennsylvania Power,
1
11-15
10-30
Perkins
12-
1
11-10
Permanente
Cement
11-
1
Co.. 6% pfd. (s-a)
Electric Co., 3.8% pfd.
10-20
Philadelphia
10-30
10-23
Philadelphia
ml-15
10-28
15c
1
10-15
1
10-15
30c
(quar.)
Corp.
11-
12-10
11-15
50c
11-
10-11*
5c
—
11-
1
10-20
Pioneer
Pittsburgh Steel, 5% preferred a (accum.)
5'/2 %
1st prior preferred (quar.)
—
12-
8
12-15
12-
8
J15c
1-2-49
12-
3
New
Co.
Process
7%
preferred
Air
York
New
1
10-26
11-
1
10-117
15c
1-3-49
12-15
Potter
1-3-49
12-15
$1.25
1-3-49
(quar.),,,
37'/a
;■
c
12-
11-16
11-
4
11-
common
4
15c
12-10
11-15
50c
12-
1
11-
75c
11-
1
10-16
t$1.25
12-
1
11-10
$1.18%
11-
1
10-15
11-
1
10-15
(initial)
,
5
(quar.)
(Pa.),
(irreg.)__'_—
com.
(quar,)
1
(j.
3.90% pfd. (quar.)
3%% pfd. (quar.) —
Co.,
preferred
5%
1st
5%
2nd
tribution)
43%c
7%
80c
&
will
for
e.
be
of
Puget
10-20
Pullman,
10-15
Pure
1
10-16
the sec.
of
Empire
Northern
Northern
Railroad
10-
1
Red
Owl
4%%
Reece
10-
4
Corp.—
Inc.
Stores,
Ltd.
(resumed)„—
common
preferred
(quar.)
Regent Knitting
12-16
12-23
12-16
11-15
10-25
Reitman's
Reliance
Co.
of
New
5
10-25
11-19
10-30
15c
11-
1
10-15
37'Ac
11-
1
10-15
6%
8%
11-26
11-12
$1.50
10-30
10-14
———
pfd.
(Canada),
Electric
&
convertible
6%
1
9
10-
1
11-
1
10-
8
11-
1
10-
8
1
1
10-
12-
1
11-12
12-
1
11-12
11-
1
10-14
11-
1
10-14
11-
1
12-
1
5
11-
1
10-
1
12-
1
11-16
11-
8
preferred b
6%
1-18
4-18
8-1-49
7-18
85c
11-1
10-18
*
30c
11-15
10-29
•
12-
1
11-12
Ml-
1
10-
12-10
'.
1
10-20
;
11-
1.;
10-20
40c
(quar.)
(Conn.)
12-15
12-
12-15
12- 1
25c
12-
1
12-
1
11-18
35c
11-
1
10-15
87'Ac
Ml-
1
10-15
11-25
10-18
11-
10-18
____
(quar,),,,,,
■
Southam
Bend
Southern
5*
11-15
11-
11-15
10-30
11-15
11-
5
10-11
1
10-25
10-
5
11-
1
10-18
$,1.£0
11-
1
10-18
$1
12-17
12-
2$1.12'a
50c
~
$2.50
12-15
Works
1
11-15
11-12
11-
1
10- 9 '
11-
25c
10-15
12-17
«
jnoc
1
10-
1
10-30
250c
lp-31
75c
11-30
11-15
11-15
10-15
60c
11-30
11-15
30c
12-
11-12
iquar.)
Lines,,
preferred
Southern
Canada
Southern
11- 5 ;
2c
11-15
1.1- 1
Gas
81'Ac
12-
1
12-
1
11-
1
26'ac
common
,,,;
12-
1
11-
11-
1
11-15
10-20
11-
1
50c
12-13
11-29
55c
11-
10-15
(quar.)
40c
1-14-49
1
50c
12-
1
iquar.),,,,.
$2.20
preferred
(quar.
Insurance
Life
Southwestern
Co.
1
1-12
;
11-15
;
Southwestern Public Service—
11-15
11-
3.70%
preferred
(quar.),92'Ac
11-
1
10-15
11-15
11-
3.90%
preferred
(quar.)_l
97'Ac
11-
1
10-15
12-16
12-
.4.15%
preferred
(quar.)_i
$1.03%
11-
1
10-15
11-
(increased
Common
5%
_!
preferred (quar.),,
Investors
Spalding
1
12-23
11-30
(a.
Brothers
g.)
37'Ac
12-15
12-
8
12'Ac
12-15
12-
8
$1.25
(quar.),,,
1
Kellogg
Inc.,
Standard
Standard
Oil
$1.25
25c
i87'ac
$1.50
15c
$25c
$15c
1-1-49
10-30
11- 1
11-30
11- 5
11-25
11-1
12-10
Cash
(e.
(quar.),,,
preferred (quar.)
Sons
&
$4.50
Oil
11- 5
Squibb
r.)
$4
&
preferred
preferred
50c
12-10
11-12
$1.12'/a
12-15
12-
$1
xi-1
5%
(quar.)
(quar.).
Co.
(Conn.)
Fuel
Standard
Co.,
Ltd.,
pfd.
Co., 4v2-%
Co.
Co.
of
of
Indiana
New
Stock
10-15
11- 1
10-31
10-18
10-22
Standard
dividend
Silica
(quar.)
Mfg.
Corp.
pfd.
50c
11-11
10-14
Stecher-Traung Lithograph,' 5 %
11-15
1.-2-49
11- 1
.11- 1
11- 1
11- 1
11-29
10-15
Steel
10-21
10-21
Stein
•
t40c
$25c
50c
52'Ac
6c
15c
..
15c
15c
15c
12- 1
11- 1
10-30
11- 1
jl- 1
11- 1
11- 1
2-1-49
2-1-49
11-12
10-15
10-20
10-20
10-20
10-15
10-15
1-15
1-15
b
Sterchi
Stevens
(j.
p.)
Co.
&
Stowell
5
11-15
11-
10-15
3
10-11
1
12-31
12-15
11-
1
10-
1
10-
7
11-
1
10-
7
11-15
11-
1
11-12
10-29
57c
1-2-49
12-17
50c
10-30
$1.25
(quar.j,,,
■
(
(quar.)
(s-a)
r
*»
10-19
10-30
10-19
50c
11-
1
10-20
50c
class a
'
7
11-
25c
pfd.
:
10-11
59c
(quar.)
10-30
10-20
275c
-12-
1
,25c
(quar.)
.
11-
11-, 1
1
10-20
40c
11-15
1.1- 5
20c
Extra
preferred
12-
1
—
Ltd.
12-14
11-
$1.25
Screw.
1
Ml-
(quar.),
conv.
%
5
11-
275c
243%c
(quar.)
(quar.)
Strawbridge & Clothier, common,,,,
Struthers Well$ Corp.,, common (quar.)
$1.25
11-
215c
Special
Corp.
11-18
231 'Ac
Stott Briquet Co., Inc., $1
Stouffer
10-22
1
12-10
!
pfd.
(quar.)
Stern Textile, 4'a% pfd.
&
12-. 9
12-
11-15
Stores
Brothers
10-22
11-15
60c
;
1
Company
9
210c
Canada, Ltd., com.
pfd.
(quar.),
&
:
12-
Acid
&
partic.
(a.)
:
25c
___;
—
of
10-15
11-10
50c
class a____
Participating
1
12'Ac
a,
common
___
Brock, Ltd.,
Co.
11-
i
12-10
>:
12'Ac
________
-
7%
10-29
Co.—
(quar.),.
Spring Co.,
10-15
10-20
10-20
10-29
Class
10-29
1
25o
(quar.)
;
Standard
Wholesale
Phosphate
Works, Inc. (quar.)
Stanley
1
1
12-
2'a%
Equipment
Extra
conv.
11-
12-
50c
*
Steel
11-15
56'Ac
;
Railway
Standard
1
$i
Quarterly
Standard
11-
Jersey—
dividend
10-15
Stern
pfd. (quar.)
Engineering, common
preferred
(quar.)
(quar.)
(quar.)
:
10-15
11-15
tfOc
2$ 1.25
•
common
10c
$1.18%
$1.25
25c
50c
(quar.),,,,
1
45c
li
(quar.)
10-30
11- 1
11-1
11-15
(quar.),,
11-
$i
(quar.)
75c
50c
56'Ac
50c
?
1
10-15
20c
Chemical
preferred
*
Sons—
series a
Water
_
10-15
10c
,1
Spiegel,
4%
com.
quar.),,,.
Sovereign
12- 1
quar.),
'
Southwestern Associated Telephone Co.—
50c
—
*
Co.—
11-
-
(quar.)
-
10-15
230c
$1.20
Co.
;
1
(quar.)
Electric
&
Gas
5
25c
Co.,
(quar.)
Natural
10- 6
11-30
1
(quar.)
Indiana
10-31
30',2c
!
10-
10- 5
28 (Ac
a
Power, common
preferred
■
10-31
10-31
Plastics,
Water
i
28c
(quar.),
(quar;)
1
;
37'ac
(quar.)
com.
Extra
—
i;
9-30;
22'Ac ■P. 11-15
(quar.),
(quar.)l___'
California
Standard
,
;
Ltd.—
11-
' :
(quar.)
.
11-15
(quar.)-
Edison,
pfd.
pfd.
California
Spencer
v.
"
6
225c
Greyhound
preferred
Southern
8
10-16
(quar.)
preferred
4.8%
10-
1
40c
(quar.)
'
;
10-20
11-
quar.)
preferred
Lathe
conv.
Southern
11-18
Co.—
California
Southern
1
225c
(quar.)
Paper Mills,
1
11- 1
50c
120c % 11-1
com.
Co., Ltd
Southeastern
5s
loc
t
Ltd.,
(quar.),
Pulp Co.
4.56%
11-
Canada,
(quar.)_____—
convertible
4.88%
11-
(quar.),,
$30c
common
(increased
Aircraft
4'a%
1
Power,
10-20
12-20
of
%
12-31
11-
27'ac
Co
Soundview
11-15
8
$2.50
a
common
(Howard)
12-15
-
12'/2c
iquar.),
(quar.)
class
(irreg.
4 !a % preferred
Common
11-16
10-18
1
91'Ac'
iquar.)
preferred
Smith
1
12-
11-
5-1-49
25c
Smith
4%v
•
27'ac
(n.) Co., Ltd., commbn,,
(a.
o.)
Corp.
South
10-20
2-1-49
Company
Oil
Skelly
90c
10-15
27'/2c
preferred
5%
Simpsons, Ltd.,
Sinclair Oil Corp.
Solar
1
25c
Co.,
Co.
preferred.
Slater
1
11-
27'/2c
(quar.),
Ltd.,
11-
11-15
(quar.)
(quar.)
5 7e
Corp.,
of America
Corp.
Inc.
Pacific
Sierra
11-
50c ;
10-25 '
10-15 *
11-10
jloc'
,1,
(quar.)
conv.
10-15
(quar.)
Investors Fund, Inc.,
a quar.)
preferred b (quar.)
preferred a (quar.)
11-30
(quar.)
Security Insurance Co.
4.48%
1
5%
preferred
10c*'
$2(ic'
40c
12- 1
10-25
11-17
11- 5
(quar.)
a
Republic
6%
Hampshire—
Quarterly
$2.10
10-
Mills, ;Ltd.—
$1.60 non-cum.
t7c
55c
Gas__l—^
common
5
preferred
(Del.) (quar.),,
Banknote
preferred
12-31
11-15
12-10
12- 1
5% preferred Jinitial)
Reed (c. a.) Company, class b
$2 preferred a (quar.)
12-23
11-
$1
'35c
20c
50c
25c
Corp.,
75c
$1.50
10-15
1
(quar.)
(increased
Line,
$4
(quar.)
(quar.)
(quar.)_____
preferred
9.0c
-
11-
Co.—
Company, common
87%c
(quar.),—
1211-
Co.—
Raymond Concrete Pile Co.,"common
Rayonier,
10-
27',2c
preferred
Co.
Co.
Stamford
Radford
1
Oil
10-29
11-12
preferred
v
11-15
:
convertible
11-15
8
preferred
*
.5
(quar.)
$3.65
Electric
11-15
12-
Grocery
5
11-
$3.40 pfd. (quar.)
Co.
(increased)
&
Co.,
1
10-20
Reading
Co.,
Dillon
Mfg.
12-
10-14
$3
11-
12-20
87'/2c
1
m.)
r
11-
1
(quar.),,,
11-15
11-
(j.
ll-lO
1
12-
Co.—
a
1
11-10
25c
1
12-
12-
Quaker Oats Co., 6%
1
&
_
Corp.,
Oklahoma
10-15
11-
Corp., Ltd
Purity Flour Mills,
12-
11-15
>2-
loc
Ltd.,,;
iquar.)
(quar.
Shirriffs,
55c
Purex
10-15
of
Pacific
„
Mines,
Illinois
convertible
Northern
10-15
1
25c
11-15
^
preferred
convertible
11-2#
9-30
Co.—
Syndicate,
a
12-
common
common
1
11-
Consolidated
(quar.)
Company,
11-
12-15
In
—
Nothern
Inc.
Oil
•12-15
9-30
50c
$1.25
(quar.)
Co.
6
$1.25
J7c
a
83c
Gas
10-
Ltd
preferred
5
11-
—_
Extra
11-
25c
amount
share
&
8
10-30
15c
preferred
preferred
Extra
Ltd., preferred (quar.)—
pfd. (qua'r.).,,—:
Quarterly Distribution Shares, Inc. (quar.),
Quebec Pbwer Co., Ltd. (quar.) ______
Quinte Milk Products, Ltd., partic. preferred
$1.25
shares held.
the
Electric
Power & Light
10-
$60c
:
preferred a
2-
t3c
25c
50c
(quar.),.
dividend preference
Sound
1
dis¬
Gas &
of Pacific g.
in
l/80th
Finance
Oil
Service
$1.40
10-30
"
,5'/a%
Sherwin-Williams
Hampshire—
New
of
f$1.50
:
-—
Co.
11-
Class a—
Co., .Ltd.,
8
a
share of
capital stock
pfd.
11-
11-15
held__
3'/2%
on
10-11
*8
Ry.—
Distillers
11-
11-
(quar.)
8c
Extra
■$1.50
10-21
11-15
held—
American
1
10-12
stock—
com.
$1.50
Pacific
80
of
shares
paid
preferred
prior drefpr-od
North
11-
of
Co.
share
preferred
4'/2%
share
each
American
North
1
1
liquidating
(partial
fractional
of
cash
Public
11-
Corp,—
Subject to the approval
lieu
1
$1.06'a
Water
10-30
12-
25c
preferred
(6/100ths
&
common
10-11
(quar.)
Mining
Security
11-
Indiana—
of
10-30
}40c
Class b
5'/2%
10-15
10-15
1-1-49
t$1.75
Mines,
10-25
10-30
——-——
Colorado,
of
Co.
Gas
Service
3.35%
12-
Co.
One
Public
5%
(quar.)
in
Co.
dividend
1
(quar.)
Arabian
Scranton
12-15
10-31
t$l.06
_"_7—
Co.
Gold
Paper
12-29
10-31
; v
Sqarfe
10-15
10-20
t50c
tl8%c
Marine Insurance
&
Paper
Antonio
Saudi
1
1
50c
Extra
San
1
11-
.11-
Co., Ltd.—
7____
Regis
10-30
12- 1
12- 1
10-20
——
dividend
each
5%
a
Electric common on each
g.
10-21
$1.25
series
Bearings
dividend
for
11-
(quar.)
preferred,
American
Stock
Stock
11-
preferred (quar.)
Mining Corp.,,——
e.
10-15
1
Fire
Special
Seaboard
10-15
7
preferred (quar.)
Service
11-
Normetal
North
4'/2%
Public
93 %c
Share
Norma-Hoffman
Service
97'/2c
Corp., class b (irreg.)
—
Norfolk & Western Railway, 4% pfd. (quar.)
6%
i
11-
Hudsor Power Corp.—
Niagara
payable
preferred
5%
Public
15c
Power & Light,
Newberry
11-
Paul
.1
12-
25c
pfd. (quar.)
(quar.),,
11-20
11-
(quar.)—
Co.
(irreg.)
b
Also
50c
——
Co
New York
Niagara
Class
$1.75
—
Co.,.
11-
$2
_
1
10-20
15c
50c
interest
Gamble
&
Indiana
Mills—
preferred a
10-
11-
Proprietary Mines, Ltd
Prosperity Co., class a:(irreg.)——ij,
Also payable in 5%
preferred stock,—
11-15
St.
10-
12-10
12c
25c
(quar.)
Francisco
10-30
12- 1
75c
Procter
10-15
11-15
6%
San
Air
10c
10-29
53'/a c
Louis
Container
90c
20c
12-15
1
$2.40
8t.
11-
10%
Sheraton,
—
10-31
1
dividend
12-18
(quar.)
pfd.
(initial),,
10-
_________
preferred (initial quar.)
2nd pfeferred (initial quar.)
Seaboard
2%
11-30
47'/2c
—
3.60%
Co.
"(quar.)
10-20
Company
Oil
10-15
11-
25c
11- 1
—
Edison,
Preston
25c
—
(s-ai
(resumed)—
dividend)
(quar.),
dividend
$1.12'/a
x
pfd.
prior
(cash
Co.
Oil
Potomac
Stock
Cash
Brake
j.)
Plymouth
11-
—
Co.,
Pittsburgh & West Virginia Rv.
$1.50
(quar.).
(quar.)
common
Merchandise
York
New
Petroleum
15c
—,—
50%
beneficial
—
10-30
12-15
(quar.)
(s-a)
Worsted
Jersey
Water, common
$3.65
preferred
(quar.),,
—
Philip Morris & Co., 4% pfd. (quar.)
$3.60 preferred (quar.
Phillips-Jones Corp., 5%
pfd. (quar.)
Phillips Petroleum Co. (quar.)
Philadelphia Suburban
10-20
$2.50
(s-a)
of
Certificates
(quar.)—,—
preferred
(quar.)
10-30
$1.50
1st
Seaboard
$1.50
95c
$1.07'/2
$1.10
20c
91'ac
$1
90c
$1.25
75c
17'/2c
$3.12'/2
$1.37'/2
$1
50c
preferred
4.4%
11-
tlOc
(quar.)
10-22
50c
30c
(quar.)
18C
:
new
4.3%
10-20
$1.25
Sharp & Dohme, Inc., $3.50 preferred a_.
Shawinigan Water & Power Co. (quar.)
quar.),
(increased
Co.,
10-20
11-
Paper Mills Co., Ltd.—
12-16
20c
31'Ac
Gear
&
2C
$$1.50
Co.,
Machine
12'/ic
12-15
preferred
1-2-49
11- 5
9
10-20
11-
1
10-20
10-15
11-
(quar.)
stock
Mills
Flour
Lawrence
$6
10-21
93%c
(quar.) 1,
(quar.)
10-29
92'/2c
$1.10
$1.06'a
50c
87y2c
preferred b (quar.),
———
4'a% preferred (quar.)
Pennsylvania Railroad Co.,
Pennsylvania Salt Mfg., 3'a% pfd. (quar.)
11-15
12-31
7%
St.
10-15
10-?9
11-
Ltd.—
Corp.,
Lawrence
Common
Simmons
1
England Fund—
New
(quar.)
11-
$1.75
—
preferred
quar.)
10-15
12-
St.
1
300%
'
82'/2c 1- 1-49
25c
11-15
25c 2-15-49
$75c
11-15
$1.50
11- 1
;
common
(quar.)
preferred (initial quar.)
2nd
preferred
(initial
quar.)
Schwitzer-Cummins
Co.—
(quar.)
25c
Naugatuck Water Co. (s-a)
,
Neilsori (wm.), Ltd., 5 %
pfd. (quar.)
Neisner Brothers, 4%% preferred (quar.)
Neon Products of Western Canada, Ltd.—
,
1
Telephone
1
—
(quar.),,
Company
New
11-
Lawrence
Sheraton
$1 preferred (quar.)
$1 preferred
(quar.)
11-10
62 vic
'
(quar.)
National
8%
Common
11-
——
common
Company,
preferred
3.80%
Peninsular
12-16
11-16
1st
Scotton
35c
11-15
1
11-
11-12
50c
25c
25c
75c
Extra
,77
Semi-annual
12-28
12-
Inc., common (qUar.)___
preferred
conv.
11-26
$1
_____
Penman's, Ltd.,
$6
preferred
Steel,
Sdhenrey
Consolidated,
Enterprises
&
(irreg.)
Peabody Coal Co., common '(quar.)
,
5%
prior preferred
(quar.)
Peerless Casualty Co. (New Hampshire) —
11-30
11-23
'4%
12-15
62'/2c
Co.—,—
1.
12-12
w
$1
75c
Pennsylvania Electric Co.—.
3.70% preferred c (quar.)
:
preferred
4(4%
Mines
Inc.
Fine Foods,
&
11-17
(quar.)
10-15
(quar.)
dividend
National
Patino
Electric
s
'35c
Rust-Proof
Ltd.
Stores
25c
Rotary
5'/2%
held)—
12-15
.10-25
11-26
(quar.)
Power
&
&
12- 1
Hugoton
Co
&
Mills,
Light
Scovill
4.40%
(quar.)—
Co.
Davis
Inc.
1
———_
(quar.)
Tank
Parke
11- 1
'10-25
(quar.)__i„
Co., $5 pfd. (quar.)
Corp.
10
5,
10-20
75c
(quar.)—
&
$2
preferred b
Service,
preferred
preferred
Tilford,
of
share
each
for
Co.
6c
preferred
6%
Co.,
Linen
Stock
11-15
—
(quar.)
Hosiery Mills, Ltd., class a
Works (quar.),—
preferred
4%
Park
share
half
(a
Ages
Rockland
Scott
(qUar.)_!
25c
preferred
1st
10-31
l6-20
Line—
11-
i—
2nd
Production
of
50c mil- 1
dividend)
(cash
dividend
y.)
(n.
5'/2%
—
30c
National Iron
National
11-15
Corp.
non-cum.
414%
11-15
10-15.
11-30
—
National
3
12-
—
(quar.)
Extra
National
3
12-
12-15
(quar.),,
Quarterly
National
11-15
12-
10-30
Welding Machine Co.—
non-cum.
(s-a)
56'ac
(quar.)
.,—,
Distillers Products
National Electric
3%
5%
10-15
12-15
75c
—;
Erie
11-
1
1
12-15
common
&
10-22
11-
—
Container Corp.
National
1
12-15
$1.50
(irreg.)
Inc.
Extra
National
11-
11-20
12c
(quar,),,
National Chemical
National
10-22
20c
Milling Co.
l
&
Inc.
Fibres,
Co.,
preferred
$7
10-
1
37 vic
——
Co.,
Casket
National
10-31
10-31
10-31 '
Co.—
Petroleum & Transport
preferred
9
10-30
62'ac
(quar.)
Corp.
Automotive
1.1-15
11-15
12-15
11-1
10-11
11-15
11-15
f 10c
preferred
5'/2%
32y2c
(quar.)
preferred
Common
35c
(s-a),
(Colo.)
Inc.
Co.,
(quar.)
National
4%
Stock
35c
(s-a),
Dehydrating
Alfalfa
.
11-15
11-15
11-15
.
Securities
Aluminate
&
American
Pan
Parker
^
(quar. l__——
National
1st
$1.30
1
11-
37y2c
Co. (Hawaii)—
(quar.)
____
preferred
5%
31'Ac
(quar.) —75c '
$1
Light, 5% pfd. (quar.)
$1.25
Panhandle Eastern Pipe
Ltd.
Narragansett
Electric, 4'a%
pfd.
Nathan
Strauss-Duparquet
(quar.)
National
37'Ac
34%c
31,'ac
(quar.)
11-
25c
Corp.
Mills
■
1
Extra
St.
Lighting Corp.
11-15
preferred a
b
Pacific
j43c
12 vic
Telephone
Series
Pacific
10-15
11-15
g2j/2c
Mutual
Nation-Wide
11-26
1
12-15
Company (quar.)
Chemical. 6% preferred (quar.)
Nachman
11-26
12-15
10-13
50c
Mutual
(s-a)
preferred (quar.)
5'/2%
preferred (quar.)
5%
preferred (quar.)
1
5% redeemable preferred (quar.)
1
(s-a)
com.
11-25
11- 1
11-15
11-15
11- 1
11- 1
Co.—
11-
(g. c.)
4.80%
12-15
11-
Development-
preferred
45c
$1.25
75c
81'Ac
12-15
11-30
11-15 7
11- 1
10-21. ;
10-30 '
11- 1
10-;15
10-15
Pacific Public Service Co.—'
—
Brewing Co.,
(Geo.)
participating
5%
Electric
75c
(s-a)__—
12- 1
pfd. (quar.)_—'m &1-25
(quar.)j.
$1.25
fund series
&
11-10
——
Murphy
Gas
5%
Corp;,
Finance
sinking
10-20
$1.50
Extra
Muehleback
Inc., preferred
Pacific Associates,
10-15
lc
Mills,
.12-10
——'
——
1
lc
Rice
1-1-49
37'/2c
Glass co——
1
(quar.)
&
10-22
(irrcg.)
Co.
Mfg.
&
1
Extra
Royal
Marine
11-
common,—
common
10-30
10-30
common
12-
—
America,
11-15
25c
$1.12'a
90c
(Minn.),
Power
11-
(quar.)
pfd.
10-30
preferred quar.)
$1.20
Quarterly
Mount
Tail
common (quar.),,
dividend '
1
7
St.
11-15 '•
a
$1.62 y2
(quar.)';.—.
a
Oil
c
10-15
10-15
11-19
20c
class b
Pacific Power
(quar.)
convertible* preferred
6%
25c
1(4
(quar.),—
(quar.)—
Co.
&
Morrison-Knudsen
Mount
10-18
12-10
11-
v
Saguenay Power Co., Ltd., 4'a%
Falls Corp., common (quar.)
preferred (qu„r.)___—.
$3.60
11-15
11-15
Co.
11-22
ll-lo
1
Inc.,
Stock
3%%
20c
(Ohio),
50c
preferred
Ltd.,
7%
$(i
preferred
$2.25
1
$1.10
a (s-a)
(quar.)
pfd
$3.25
Cottons,
(John)
11-
(quar.)
common
Moody's Investors Service—
$3 participating preferred
Morrell
10-18
Co
Chemical,
Power,
1
—
Chemical
Montana
11-
10-15
11-1
Rock
*25c
t$1.75
69%c
6%
$1.25
(quar.)
Monsanto
11-
$1.25
Monongahela Power, 4.40% pfd.
.4.80% preferred (quar.)—_—
Monroe
$1.50
10-15
10-15
Cotton
Rich's,
„
deducted.
is
tax
Company
Pacific
—
Pipe
Missouri-Kansas
African
_
prior preferred (quar,)
prior
preferred
(quar.)—
Cement
Robinson
Insurance
Rose's
(quar.)
11-29
Osgood
Riverside
50c
t$3
preferred
10-30
20c
11-10 '
(s-a)
Co., Ltd.—
(quar.)
o-o'Kiep Copper Co., Ltd., American shares
Payment of 3s 9d or 69%c after South
7%
12-10
-
Quebec Ry.
Steel Products
&
Common
(quar.)
common
Common
b
Ontario
10-29
11-10
10-29
10-30
11- 1
.11- 1
12- 1
(quar.),
preferred (quar.),,,
Dry Goods (quar.)___
Richmond Cedar Works
(quar.)
11-15
12-10
*$l.liy2
50c
(quar.),..
(quar.)(
i'-'.
'4'/2%
tooc
,
(quar.),
common
Richmond
11-22
12-21
12-
Rice-Stix
59%'c
t50c
—-
1-1-49
50c
$1.31 '/a',
45c
45c
'
40c
:—
(quar.)^-___
.l
Manufacturing Co., common
Rheem
25c
11-22
$1.12»/2
(quar.),,
Tobacco,
(r. j.)
11-22
12-21
m
,
(increased)
b
2-28
5-31
10-15
common
(quar.)
(quar.)
convertible preferred
Filters, class a
Ontario
preferred (quar.)
——
Hart, Inc., com. (increased quar.).
Gas,
a
common
United
Class
10-29
11-29
held
shares
15
4%%
11
Extra
•
Oliver
sec
to
each
$1
Corp.,
4'a%
(liquidating distributions)
approval.
One share of Wisonsir. Power & Light Co.
common for each four shares held,.—.—
One share of Public Service Co. of Indiana
common or. two shares if each share
is
split into two shares, as proposed, for
Miller
Oliver
—
Subject
Natural
Class
',25c 3-21-49
25c 6-20-49
55c
10-30
50c
11-15
——
■
Electric, common,
&
Gas
preferred
Reynolds
3
12-21
\
dividend _",ll
preferred
12-
50c
25c
12-15
.
——
5'a%
Payable of reci'
4%
$1.50
quar.)
(quar.),,—
common
prior preferred a (quar.)
Revere Copper & Brass, common
.
25c
.
Oklahoma
*
10-30
12-
5c
—
^
(increased
.
Corp.,
Share
,,
6%
10-15
10-28
10-30
$1.25
t$1.75
15c
pfd. (quar.),,
common
'
Steel
10-15
10-15
10-30
10-15 ;
12- 1
10-27
10-30 .10-21
12-20
11-30
20c
'
.
Common
25c
$2.25
(s-a)
Co.
Co.,
Common
11-
Middle West Corp.
Miles
Match
50c
Oil
Extra
(quar.)
Co., common
25c
$1.10
pfd. (quar.)
5%
.
Petroleum
--7
.
Extra
Stock
6%
$1.75
,
11-1
11- 1
11- 1
of Company
Republic
,
preferred (quar.)
Ogilvie Flour Mills, Ltd., 7%
Ohio Apex,
Inc.
(quar.)—.
(quar.)
Reclaiming
Utilities,
preferred
4%
125c
Mid-West Abrasive Co
Midwest
50c
t$l
22'Ac
Ltd.—
1
12-15
Name
«
Republic
10-21
10-15
11-1
1.1- 1
»i
Holder's
When
Per
Holders
When
Payable of Rec. '.»•
28%c
50c
■
.
11-
25c
(quar.)
Mercury Mills, Ltd.
(quar.)
Meyercord Company (quar.)
Michigan Bakeries, common
$1 non-cum. prefer)ed (quar.)
7%
preferred (quar.)
Michigan Gas & Electric—
4.40% preferred (quar.)—;
Mid-Continental Petroleum
(irrcg.)
Rubber
Co.
Engineering
25c
——
—
<quar.)_
common
preferred
Midwest
4.6% pfd. (quar.)—
(quar.)
Northwest Airlines, Inc.,
11-
California—
of
tquar.)
Stores,
11-
$1
'
Per
share
Name of Company
Payable of Rec.
45c
(quar.)
common
preferred
iquar.)
Mercantile Acceptance Corp.
./"•
Holders
When
per
Name
11-15
11-
3iv4c
11-15
11- 5 ->
5
•Hi.
jVolume 168 ^Numter^ 4747
>"
'*\
f.
V
.
'
Name of
Suburban
?'
.
Company
Electric
THE
Per
When
Share
.
Securities Co.—
$4 2nd
Bun
Oil
preferred
Co.,
'"■AVs'/e
(quar.)
common
preferred
Sunshine
$i
>
4%
Biscuits, lnc._"
Oil, 6% preferred
"
_____
2nd
Bylvanite
preferred
Gold
(quar.)____
(quar.)
;I
11-
75c
10-18
12-
10-30
Tacouy-palmyra Bridge Co.-/v\ >
5%
(quar.)
Corporation
Talon, Inc., 4%
Tennessee
Stock
Stock
dividend
Texas
share
33 V3%
preferred
Thaihimer
'
(quar.)
$1.50
LilJ.
3.65%
conv.
$1.75
10-31
10-20
11-
1
10-25
1-49
12-15
Water
50c
Power
Oil
4(4%
(quar.)__
pfd. (quar.)
Trade
Bank &
Trust
Co.
Trane
Company
(quar.)
_____
$3.50
preferred
com
United
(One
share
cash
"
c
r
be
prior
prior
Co.,
6%
prior
United
will
1/50
U.
S.
Air
Fire
U.
Hoffman
S.
4(4 %
U.
S.
Industrial
S.
Lines
S.
Loan
Extra
Pipe
S.
6%
&
of
11-15
4(4%
10-30
10-lr
11-10
11-
1
Co..
11-30
5%
11-
1
10-12
1-3-49
12-10
Leaf
preferred
Pictures
Canadian
less
this
157c
funds,
11-
1
10-15
Other
12-
58(4c
1
11-15
11-
1
10-15
53c
deductible
Co.,
12-
1
11-15
income
,
"
"
at
12-15
Prepaid
12-
11-1
10-18
1
"
12-17
Notes
10-31
Accounts
payable
Accrued
11-30*
Federal
10-20
•Customers'
11-
62(4c
1
1
10-29
Ml-
1
10-18
11-1
11-
1
1'.
11-
1 ^
for
Reserve
j.
.
preferred
i'i Total
10-22 *
.1-2-49
7(4c
11-
2
(quar.)
'
12-
12-
1
&
25
cents
8-1-49,'.
7-15
of
record
10-15
11-1
share
10-15
11-1
10-20
11-10
11-15
Weston
In
10-25
12(4c
1
11-22
10-15
17>4c
17(4c
•
1
;12- 4-,
12-20
$1.50
11-15
future
4%
11-15
50c
11T
1
Nov.
5.
22
the
on
On
stock
a
a
;
J.;;
declared
common
Cement
May
15,
dividend of
last
Whitehead
Oct.M0
on
common
shares
shares
and
filed
shares
will
Bros.
250,000
the
;•
.
the
on
>
subcommittee
Jackson
approximately
half
that
Mill
of
12-13
cne
Co.,
preferred
Inc.,
balance
■:
of
•
Textron
;
Incorporated—Little
Royal Little,
President,
on
Oct.
cash
; j:
10-18
from
'
25c
11-
•
8
.
1
11-1
er
10-20
10-15
•"
-,
.
■
.
$7
11-20
11-
5*
the
and
75c
:
11-15
was
11-1
$1.25 2-15-49
the
2-1
;•;•.
$1.25
1-3-49
10-31
10-9
50c
12-10
Textron
&
the
he.*
Bleachery
at
entire
Nashua
thus
becomes
12-1
grew
of
l
10-22
25c
11-
1
his
he
11-1
10-20
$1
11-1
$1.75
ll- .l
10-20
r
held,
Rubber___-:___'______'____
15c
•
$1.25
11-15
11-
1
10-22
■
11-
1
10-20
the
original
consisting
$5.10
per
the
trusts
a
built
of
unit.
"operate
in
Nashua."—V.
the
in
New
England,
enterprises
tricot
to
to
knitting
this
New
on
he
I.
of
T.
Trust,
identified
Charities
Providence,
of
complete
Victor
debtor
obtaining
the
directors
ee&V'on.
to
out
of
told
for
program
other things the
mountain top 30
a
I
.
..
Corp.—Protective Committee—
of
Pine
70
Stteet,/New
York,
N.
Y.„
for the Committee.
Oct.
on
that
25
fare
financial
two
increase
in
health, the
debtor with
six
National
trustee
Oct.
15,
for
utilities,
reasonable
is
insolvent;
prospect
petitioners claimed.
one
or
of
more
car*
They
major
the
City of New York. The two groupshold bonds totaling $37,000.
persons,
Bank
the
first
&
Trust
Appointed—
Co.
mortgage
New
of
3(a%
York
sinking
has* been,
fund
bonda
1968.
corporation
265,000
shares
be
to
sold
share
one
ferable
only
stock
in
of
units
consisting
The
common.
units
units until
as
2,250,000
shares
cbmmon
stockholders
public
Involves
was
organized to construct a natural gas
New
York, filed Oct. 26 with the SEC a.
covering
the
proposed
public
offering
of
cumulative preferred stock and
265,000 shares of
to
and
Line
which
of
stock
common
ven¬
as
Trust,
the
is
of
Dec.
1,
1949.
stock
common
and
share
one
offering
made
be
Co.
and
these
The
which
there
pre¬
&
will
Webster
be
also
offered
will
pre¬
under¬
an
Stone
units
be
of
the
of
by
company
to
are
which
to
as
of
public
to
expected
trans¬
registered
to
no
be
existing
general
offering.
The
company's financing program also calls for the sale of $143,000,000
of
first
mortgage pipe line bonds 35/e%
series
due
1960
•which will be placed
privately with institutional investors.
Textron
Trust,
R.
$500
I.,
The company's
transportation of
and
Rayon
the.Selbon
a
line
that
Little
Community
.
Textron
1943,
the
in
New
England operations."
evidence
of
their
belief
projected
natural
for
,
Jersey
the
have
1951.
line
sale
pipe line will provide facilities for the
purchased by the company in Texas
gas
wholesale
at
in New York City and certain
eastern Pennsylvania.
Operation of the
delivery of natural gas In New York City.
been-signed for the steel required for the building
New
mark
Contracts
testified;
Fund. -It
which
and
first
is
expected
:
|
miles
proposed
long
and have
cubic feet of
000,000
tiated
of
main
long-term
be
to
''
.
The
to
"as
in
wilL
of
Mr.
$4,500,000. All of the
compliance with all applicable
finance
Louisiana
points
Trust,
pension
have brought new textile
eight sewing plants and twoestablished in New England. Outside
Since
plants have been
on
1260.
p.
McQuiston
pipe line from Texas
registration
statement
business
f
point
Transit
to
Commercial
The
"specu¬
1
England
to
continue
Committee,
pioneering
among
New York-Texas Natural Gas Pipe
Sale of $143,000,000 Bonds Privately—
corporation.
corporation's
'
went
168,
known
community
group headed by White,
Weld &
Securities Corp.
It is contemplated that
attracting
capital
Little
Mayor's
involves
hospital
writing
"Through sales of securities to the public, the Textron
Organization
raised $17,000.000—verv largely from outside New
England," he
"More
than
$17,000,000
is presently being
actively used to
finance
Textron's
Northern operations.
Textron
has
not
sold
New
England short. Textron has succeeded remarkably well in
Mr.
to
Little said.
blankets is also proposed,
the
ing
two
stated.
.
floor ,;spacrr
of
plan
Mr.
mon
Under¬
practice of
by
method
the
the M.
Foundation
last
donation
declared^
venture
•-
(s-a)_.
support
1949,
estate
Transcontinental Gas Pipe Line Corp.—Registers Com¬
and Preferred
Stock—Financing Program for Build'-
;
the
has
'10-20
50c
to
of
nationally
handicapped
bondholders, comprising
168, p. 1405.
due
Defends Practices—
was
Trust,
Lansing
The
Textron
repre¬
•
these, the Rhode Island
from
Little
%
11-
the
Trust.
This
the
$1,000,000
$45,000,008." No
appointed
shares
Incorporated not only has helped to prevent the
flight' of
from the New England textile
industry, but has raised some
$17,000,000 of venture capital which is
being used in this area, Mr.
,
*
with
preferred
Textron
11-15
$1
Trust,
Charities
member
a
feet
square
earlier
non¬
a
of this corporation,
having filed a petition for reorganiza¬
Chapter 10 of the Bankruptcy Act, a protective committee,
the
ferred
charitable
as
1,000.000
the
Tourner Holding Corp.—Trustee
capital
11-22
$1.12(4
up
laws."
12-16
20c
of
a
announced
about
The
of
headed
Island
Sixty
founded
trusts,
••"
set
and
recommended a merger of the
bus companies how
operating in the
25<J—
dividend
'
One
2-1
11-15
Rhode
trust.
11- 1
75c 2-15-49
$1.25
(initial)_■
at
to. $125,000,000.
committee,
Foundation
Co.
(quar.)
by
of
by Senator Charles W. Tobey of New Hamp¬
Shire/: resumed hearings in the Federal Building in Boston, Mass.,
in continuing an investigation of Textron's decision to
close two mills
in Nashua, N. H., and leave
3,500 persons Jobless.
Mr. Little listed
the
six charitable
trusts associated with Textron
as
•...
funds
$8,000,000
The
■
with
jobs
replaces
—V.
$291,442
notification
57,740
units
defended
26
10-18,
(accum.)
of
and
in
share
1
\'
was
restore
at'"
York,
New
1
•„
Project.
of
ferred-common
11-30
;
&
1,000
public
$8,453,895
credit
amortization
letter
a
11-
(cuar.)__ /
of
semi-annual
offered
11-
■
bene¬
1487.
(par 5c)
be
30c
Wilbur-Suchard Chocolate, $5 pfd.
public
were
lating"
•"•r,
named
groups of bondholders had
petitioned in Federal Court in New York N. Y., for
reorganization of
the corporation.
It was claimed that the System,
which owns the
Surface Transportation Corp.,
and other
payable Nov. 15 to holders
cash dividend of 25 cents
per
a
4%
This, he told a Senate subcommittee,
ture capital which in five years had
Mfg.
the
sheetings mill operation through
miles outside
It
stock,
11-1
'
350,000
net
for
a
10-
T*: inon-cum.f preferred
lease
about
bondholders.
paid to common stockholders
May 7, 1948.
1947, the company paid two cash dividends of 25 cents
each,
4% stock dividend.—V. 167, p. 2072.
writer, Gearhart
10-15
.,
Electrical^ Instrument
Whitehall
i
10-year
covering
is Secretary and Counsel
price
Mills, Inc.—Semi-Annual Div. of
11-15
prior preferred-(quar.)
$4 convertible preferred
<quar.)____,
419,240
.10-19
75c
$2
•
3,773,924
stated
Rre
10-30
common
503,524
inventory
15c
Sewing. Machine,
596,216
486,738
$1.12(4
Lake Erie Ry. Co,—
prior lien (quar.)
550,000
596,216
503,524
receivable
Oct.
share
per
and
common
10-19
$1.75
_
Oorpf.__:
(Geo.),.Ltd., 4(4%'preferred <quar.)
350,000
...
$9,201,283'
on
.The Company
SEC for 115,480
•
pari $5).
The
'.
..
serially)
Tele-Video Corp., Upper Darby, Pa.—Files With SEC
,,
11-1
11-
and
„
Wheeling
(White
to
comprised of Leon Forst (Chairman), Lawrence
Chamberlain, Earl A.
and William B.
Joyce, proposes to represent holders of first re¬
funding 4% mortgage bonds in such proceeding and other
proceedings^
judicial, administrative, or otherwise, affecting the rights of such
10-311
11-
$3
preferred v(quar.)___L
Westminister Paper Co, (quar.)
•
,
Darr
of record
10-25
$20c
57« ?
..•Weston
a
H.,
Third Avenue
58,954
4,544,422
accounts
directors
4-15
$1.12(4
____
Stationery. Corp.—
advised
arrangement
Creditors
149,054
_______—
5-2-49
11-1
new
tion .under
■
—
Susquehanna
The
11-10 * ' 10-25
~—-
Western; Tablet
Little
214,319
$1,102,060
47,239
pay.
$282,553 in 1947,
HAfter reserve
in 1948 and
$268,625 in 1947.—V. 168, p.
10-15
62(4c
(quar.)___
i'WM*
believn
setting them up and getting
the trusts,
all principal
and
transferred
Mr.
sign
N.
building
1948, and Aug. 31, 19472'. tAfter reserve of
$974,884 in 1948
$570,521 in: 1947.
$After deducting $86,000 U. S.
Treasury tax
•savings notes;
§ After reserves for depreciation of
$290,005 in 1948
and
11-15
'
$1.06(4
:
I
area.
Mountain
and
1
1
37(4c
(quar.)
;
.
benefit.
all
costs
of
acquisition
and
expenses
of
>• operation of the mill
properties have been paid, the eventual beneficiary
of the Nashua-New
Hampshire Foundation will be the New Hampshire
Society for Crippled Children and Handicapped Persons for its Crotchecl
636,605
318,800
Aug. 3a,
10-15
12-10
11-
2c
____
(quar;)
whatsoever
'$200,000
sales
balances.,.
possible
-♦Instalment
31-31
50c
(quar.)
preferred A
,
benefits
no
personal
any
of
Hugh Gregg of Nashua,
the hearing
that
"after
11,43].
1,077,875
undelivered
on
________
r
$1,25
_
(accum.)
Common
'
45,322
$200,000
726,468
others
10c
Common
.
54,643
16,073
quarterly)
and
(quar.)V---------ri----(accum.)
Western Pacific RR.
remove
ones.
Continued manufacture of Textron's
Purrey
Mr. Little stated.
$8,453,895
—
37(4c
.
27
to
Involving
442,891
70,299
contingencies______y
for
37 (4c
.
-
.
i,-
the Jackson
264,963
449.176
___
decline
(quar.31(4c
.
304,875
11-15
$1.31(4
Reserve
10-14
12-
deposits
surplus
surplus
Earned
10-18
25c
>
:——
.
I
can
.
no
■
Oct.
this
25,193
(quar.)____
;
8,258
2.204,736
17,397
Notes payable, banks (noi,
current
Common stock
($1 par value)
10-15
11-10
10c
12(4c
—._.
Western - Maryland vRy.—
him,
been
expenditures
nor
.
an
by
Foundation,
541
$50,000
trade
unclaimed credit
Dividends payable
10-15
11-15
30c
•
receive
the
it
absolutely
organization which will be formed through a group of
sentative
Nashua citizens to
purchase all of Textron's
real
and mill buildings in Nashua.
3,211,056
expenses,
etc._„!—
income
taxes payable
12-20
$2(4c
r?.
their
or
received
in
be
de¬
now
not
have
have
now
give
founded
"I
years,,
I
thus
and
investments,
new
service
will
these
make
profit
•
(due
payable,
11-
$75c
__
A
their
termination
the
that
promptly
trusts
three
and
income,
or
directors
will
educational
over
appoint
public
a
On
income
the
of
competitive
personally
I ever
can
workers,
plant operations. They
which have been lost to
workers
trusts
actions
or
to
consequences
They have modified their
only because they are
mill
their
have
I
nor
done
have
these
office,
trust,
started.
that
their
that
rehabilitation
10-31
$1.06(4
Western' Light & Telephone Co
5% preferred
the
capital
the
con¬
mill
the
and
make
of
that
the
of
Textron, Mr. Little pointed out in his announcement,
the first tenant of the new Nashua-New Hampshire
1947
LIABILITIES—
11-15
$1.50
,,.',
Jackson
Union
principle
good
make
Leases Jackson Mill for 10 Years—
$9,201,283
Capital
Co.-t-.'.
I
On
522
10-15*
1
70c
(quar.)____
Securities
/
our
previously pointed out,
with
the duty of
the
ficiaries."
Tc'tal
11-15
v
Insurance
the
the
spindles
profitably.
the
to
from
reiterate
them
46,209
11-19
1-3-49
West ...Ohio Gas Co..-,( quar.)
____'_
;
Penn Electric, 6% preferred
<quar.)__
1. 7%'
preferred v(quar.) _______^_^____
'West Point Mfg.
Co._J____________________
West Virginia Coal & Coke
(increased quar.)
•West Virginia Pulp & Paper Co.—
,
control
trustees
from
$2,193,582
Supplies
Sunury deferred charges
10-15
11-
10c
West
preferred
the
their
over
Nashua,
freight
75c
Westates Petroleum, 70c preferred
Westchester Fire Insurance Co.
to
also not unmindful of these factors.
were
of
either
accumulated
Prepaid advertising
1
30c
•'*
14,000,000
considered, judgment
emphasized
of
cannot
of
12-13
22>^c
v
r...
lower
1-3-49
12-15
11-1
(s-a)
(quar.)
Co.
the
to
conflict
of
the discontinuance
the
for
mill
Prepaid taxes
50c
(quar.)___;
common
direct
and
"I
.
22,081
inventories
11-15
12-
(quar.)
preferred
1st
j.
2,150,215
(physical
market)
or
10-15
"
Corp
in
operated
case
that
Little
the
-
5,529,824
1
50c
$4.50
7%
'
'
receivable
1
1-3-49
$1.75
Co.. (quar,)
•
the
trustee
I
Non¬
source.
$535,492
accounts
50c
(quar.)
'■West Michigan Steel Foundry'
'
,'7% prior pfd. (quar.)"_____;
,
the
^•'vk-VM
'
j
25c
(quar,),:
(quar.)
& Terminal
the
be
necessary
control
tax.
11-
__
(quar.)
(quar.)
been
cannot
changes
tax.
■
12-
53c
Co;—'*r-V
.preferred
class
at
i,
//V1
50c
(quar.)
preferred
$2.50
non-residents'
buildings, furniture and fixtures? auto¬
mobiles, trucks, etc
"Improvements to leased property.
Unexpired insurance
'
common ,tquar.)__
Inc.—
■.*«'.:% -
Power
of
owners
in
a
SLand,
1-14
>.
10-15
teceiveables
cost
10-15
Extra
1
1948
Inventories
12-15
11-1
Western
11-
supplementary
were
As I have
unmindful
opportunity to survive."
Regarding the charitable
dividend.
Canadian
tax
income tax.
Jamaica
^Instalment
1-3-49
58(4c
58(4c
_
■
10-15
CONDENSED EALANCE SHEET AS OF AUGUST 31
11-18
2-1-49
•
10-15
1
Cash
12-16
37(4c
4(4%
1
11-
ASSETS—
tquar.)
pfd.
Tobacco,
Wentworth Mfg.
"
11-
has
convinced
,
General Corporation and
Investment News
•
37(4c
•
Funds,
for
products
plants.
be
not
community of
cision
10-14
$37(4c
closed
{
:
<s-a)
pfd.
end
.
preferred (quar.)
Waterous, Ltd., Class A (auar.)_(______
Wellington Mills, 6% preferred (s-ft)
'
30%
10-12
$1.06(4
•Warren Brothers Co., class B
*
1
would
are
England since 1923
"It
(Continued from page 12)
;
'.Washington Gas Light,
.
11-
15%; resident tax 7%.
10-30
11-1
preferred
-v
in
British
xLess
Specialty Corp;—•'
preferred
$4.25
5c
.
the
that
plants
10-15
$31 (4c
not
S.
textiles.
curtain,
unprofitable
directors
to
New
10-15
Virginian Railway—;
6% preferred
(quar.)
'
U.
10-15
11-15
15c
iquar.)
Warehouse'
books
tax
Less
a
of
•Vertientes-Camaguey Sugar-.4quar.)__J^—
V
1
(quar.)
common.
in
tPayable
resident
10-29
?25c
(quar.).
preferred
Foundry Cc.
Peninsular
0%
believe
11-
50c
(Phila.)
prior preferred
v
and
10-20
of
continuance
"The
that
Utility Appliance Corp. -(quar.)
Vapor Heating Corp.,"5% preferred "<quar.)_
.
tPayable
i0-30
11-15
J37c
(quar.)
Corp. 6%
Corp., Ltd.
Chemical
10-25
10-30
50c
Fields
the casbt
in
marketed
Mr.
♦Transfer
10-30
11-10
87(4c
•5(4%
preferred
(quar.)_^___^_^_:
Utica Knitting Company—
Vick
10-30
137 V2C
Gold
reinvested
directors.
-.3-19
25c
Chemicals, Inc.„__
convertible
Universal
Ltd.,
11-15
53c
Utilities &
Upper
Consolidated
Zellers,
but
rate
United
"4(4%f
.
3-1-49
American
Transit
5%
such
5-31
12-10
(quar.)
(quar.)
r
preferred (quar.)
;
Stores, $6 preferred (quar.)"_____
Universal
2-28
12-20
37(4c
(quar.)
62(4c
class A
Common
Yuba
11-16
1
•
Issued
the
at
United
•
11-10
12-
been
The directors cannot accede to
oft profitable plants should be used
37V2C
iquar.)
"These
shower
year
losses
6-15-49
held.)
United
c
3-15-49
1-20
Co.
have
money.
agreed
(monthly)
Radiator
Steel
tinued
15c
(quar.)
sheets,
a
normally
earnings
7-20
,
(quar.)r.
Co.,
S.
lose
11-20
4-20
Traction
&
Manufacturers
Society
U.
10-26
11-30
1-31-49
preferred
______
United
1
1
12-15
25c
4-30-49
preferred
______
U.
11-
12-
10c
7-30-49
11-15
and
were
25c
37(4c
Gas
not
the
"It
1
37 (4c
County
liquidated these properties,
owners
would
prevented
thus
ha1*,
bedspread and flrapery business,
through the same retail channels.
has been suggested that even though a
plant, in the Judgment
of the directors, should be closed because
it is unprofitable, neverthe¬
less the company owes a
duty to continue to operate indefinitely and
and
11-15
Machinery Corp,—
preferred
U.
12-
11-30
(quar.)
67o
<monthly)
Insurance- Co.
U.
12-15
$5
(quar.)
92(4c
be
not
sh«re
Conditioning, $7 pfd.
U. S.
$1.12(4
iquar.)
preferred
57«
pfd.
preferred
1
preferred
convertible
62(4c
50 shares
distributed
Merchants &
$12,000,000
12-1
common—
Light
for each
pfd.
12-
12-15
(quar.)_
preferred
1
•:
(monthly)
!
.6.36% prior pfd. (monthly)
6.36%
prior preferred (monthly)
6% prior pfd. (monthly)___;
6%
blankets
12-20
25c
$1.12(4
com.
11-15
convertible
10-18
Light & Traction held.___________t.___
7% prior preferred (monthly)...:
7% prior preferred (monthly)
7%, prior preferred (monthly)..
6.36%
11-10
convertible
Ltd.—
American
each
1
6%
10c
shares
will
for
12-
6%
67«
$1.12(4
"l"
!___
'
41c
11-15
50c
10-20
(quar.)$75c
Railways
of
10-14
1
11-30
10-25
—
stock
common
Fractional
1
12-
3
87(4c
preferred
&
11-
25c
31 (4c
1
12-18
___:
Investments,
Light
t$1.75
11-
11-15
England
Mills
the Nashua plant and equipment, and in 1947 and 1948,
spent another $1,000,000 in advertising Nashua brand name;;.
certainly would not have spent that kind of money if we had
originally intended to liquidate." *
1
Nashua, at the time Textron acquired the company, was already
highly integrated, Mr. Little said, since 75% of its production was*
25c
preferred
New
have
(quar.)
common
convertible
12
Esmond
improving
(quar.)
Co.
11-1
(quar.)___i______4_'__'___L._______
& Tool, class A
(quar.)
A
Co.,
Mfg.
1-3-49
of California
(quar.)
Cab
67c
in
we
10c
Tile
Its
the
investment of $4,000,000 in the textile
industry
have been irrevocably lost to the textile in-
the Esmond
liquidation
has
10c
Fibre
In
of
We
11-15
Drill
B
10-15
(quar.)
62(4c
(quar.)
(quar.)
Storage Co. <quar.)___
United
Cigar-Whelan Stores Corp.--— v
$3.50 convertible preferred
(quar.)__.
United
Corporations, Ltd., class A (quar.)
Fuel
10-15
1
12-
10c
(quar.
class
5
25c
Union
6%
10-20
11-
Common
10-29
Had
the
purchase
flight of further capital from the
industry," Mr. Little declared.
Textron, Mr, Little staled,'"purchased the Nashua plant to
operate,
not to liquidate.
Since acquiring the property, we have spent
$1,500,000
10-15
11-1
Common
York
______
(quar.)
Class
10-31
11-15
20c
2,600
over
"Textron's
49
textile
10-25
10c
;
(quar.)_^__
preferred
United
1
1%
11-15
$1.50
(accum.)
20c
Corp.,
$3.70
United
¥ellew
$1.06(4
_______
Y.)
Union Electric Co. of Missouri—
Union Oil Co.
11-
12-
3-15
11-15
from
Textron
25c
(quar.)__
convertible
Yankee
15c
preferred
preferred
10-30
1-49
dustry."
11-15
10-22
Uu.—
common
Co.
which
12-31
50c
(N.
LaSalle Street
Common
6-15
11-15
40c
.
(quar.)
convertible
4-
1-28
that
said
in retaining an
would
otherwise
11-15
Wrigley (Wm.), Jr. Co.—
Monthly
Monthly
Wysong & Niles Co., common
6-25-49
ii:_.
Trinity Universal Insurance (Dallas) '<
Quarterly
Tung-Sol Lamp Works, common.„r^.„„
B
1-
10-11
1
10c
(quar.)__L_L____
Co.
Edison
Class
11-
2-15-49
6
employs
now
resulted
$1.25
preferred
W.)
10-29
28c
pfd.
prior preferred
4(4% prior preferred (quar.)_
Wright Aeronautical Corp
10-11
6214c
Company__4____
Tide
rv
4(4%
60c
R.)
Associated
$4.50
1
(F.
11-15
12-31
common
Textron
Little
15c
Worthington Pump & Machinery Corp.,
50c
(John
Water
South
11-
preferred
Industries,
Mr.
5uc
(quar.)
convertible
Woolworth
9-27
91(40
(quar.)
Common
Thompson
Tide
80c
1
I
pfd.
___
208
10-
(accum.)
preferred
1st
Woodall
•
Common
Toledo
11-15
11-15
(quar.)
Bros.,
Thermoid Company $2.50
Thomaston Cotton Mills
Common
7%
10-20
5%
held
Light, $6 pfd.
preferred
10-29
$2.50
Light
Wood, Alexander & James,
Corp.—
dividend)—
each 40
&
Service,
57c
,10-29
H-12
'
Power
Public
5
;
5%
(stock
for
Texas Power &
7%
Chemical
11-
Nashua,
operations."
11-15
10c
common
Wisconsin
9-17
.
11-15
2uc
dividend
Company
One
&
1
of
Payable of Rec.
10c
Wisconsin
1
12-
>
__
_____
Products
11-
15c
preferreu (s-a)
Transmission Co.
Gas
Tennessee
:
$1.25
;
___
Holdert
(1841)
10c
—
Wisconsin Electric Power, 67c
.
preferred
Taggart
When
Share
(quar.)
common
57c non-cum. preferred (s-a)
Winters & Crampton Corp
Wisconsin Bankshares Corp. (s-a)____
11-15
1-3-49
UVaC
1
Company
Company,
(quar.)
Winnipeg Electric Co.,
11-15
CHRONICLE
Per
Common
10-11
1/
1
Oil
:
"
FINANCIAL
."
,
Extra
•
11-24
11-1
10c
Mines,
lo-is
-
12-
37V2C
_
Wilcox
12-15
$1.12(2
Bwan-Finch
i
.
Name of
-,s
-; •
ii-
25c
__
tquar.)
y
Payable of Rec.
.
:
Holders
COMMERCIAL &
•
/
natural
contracts
to
gas
of
initial
the
than
The
to
gas
will
system
delivery
day.
per
supply
later
not
early
"
.
line
estimated
an
completed
1
transmission
be
capacity
Consolidated
1,840
of
340,-
has
company
nego¬
Edison
Co.
New
York, Inc.; Public Service Electric & Gas Co. of New Jersey;
Brooklyn Union Gas
Co.;
Philadelphia
Electric
Co.;
Long
Island.
Lighting
Co.;
Elizabethtown
Consolidated
Gas
Co.;
Kings County
Lighting Co.; Brooklyn Borough Gas Co. and New York & Richmond
Gas
Co.
delivered
being
These
by
used
companies
intend
to
Transcontinental primarily
for
enrichment
company has long-term
for its needs,.
Capitalization
issuance
stock,
of
the
265,000
000,000—-V.
upon
bonds, will
shares
168,
p.
of
1735.
as
a
natural
substitute
the
manufacture
for
cocntracts
completion
the
use
in
the
purchase
purposes
of
consist
preferred
the
of
stock
financing
3,265,000
and
of
gas
program
shares
funded
to
gas
for
of
of
debt
oil
gas.
be
now
The
adequate
and
the
common
of
".$143,*
„
(1842)
50
THE
COMMERCIAL
&
FINANCIAL
Monday, November; 1, 1948
CHRONICLE
;
'
.
Transcontinental
& Western
Air, Inc.—To Cancel Con-,
stellation Extra Fare—
99,2% of ingot capacity and said that he-foresees 'Jno let<-upin demand
for steel products,"
The backlog of unfilled orders continues to run
Airlines 'on
World
Oct,
27
applied to the Civil Aeronautics
charge on its Constellation aircraft,
effective Nov.
1, Warren Lee Pierson, Chairman, announced.
In effect, this will be a saving of up to 10% to the Constellation
air traveler, he said.
The premium fare has been in
effect since the 300-mile-an-hour
planes were introduced.
Board
A
to cancel
5%
the
extra
service
reduction
in the purchase of round
trip tickets as well as
fare
plan will
also
apply to the Constellation
travel
savings. The family plan, which went into effect Oct. 25, offers 50%
savings for the wife and children who accompany the head of the
the
family
household
air
on
Monday
trips
Wednesday.—V.
through
168,
1627.
p.
approximately the rate of five months' operations, he, added, >
With respect to prices, Mr. O.ds declared:
;r
"We are hopeful that
it will not be necessary to increase prices,
but there is a direct relationship between costs and prices, and costs !
still
are
steel"
freight
permit competition
Transue & Williams Steel Forging: Corp.—Earnings—
9 Months Ended Sept. 30—
"Operating
as
result
a
of
Other
Products
$792,767
15,422
12,362
$805,129
Products
444,500
138,000
bought
$243,042
$222,629
134,965
134,965
Added to cover re-
$1.65
placement cost
Int. and other costs
13,500,000
debt
601,235
1
,
income
Provision
for
-————
Federal
income
taxes.—
profit
Capital
—
shares
Earnings
—
outstanding
share
pit
1
EARNINGS
$1.80
FOR
THE
QUARTER
ENDED SEPT. 30
1948
<
tNet profit
Earnings per share—:
"In
partial
recognition
facilities which
are
eral
this
$66,427
$0.60
increased
of
provision
laws
tAfter
$80,707
_
$0.48
■
being
cost
of
Union
for depreciation.—V.
167,
1736.
p.
for
of
15 approved an increase in the authorized
the
payment of
50 %
a
stock
dividend
Oct.
on
15,
to holders
1948
record Sept.
15.
stockholders
The
also
authorized
the
directors
to
the
for
purchase
company's treasury up to 15,000 shares.
At Dec. 31, last, the company had outstanding 39,130
including 870 shares in the treasury).—V. 157, p. 1278.
shares
(not
United Gas Improvement Co.—Extra Dividend—
The directors
share
the
and
payable
Oct.
on
usual
Dec.
18
bution of 50 cents
...The
to
the year,
the
on
Corp.
to
declared
made
was
record
Doc.
the
20,
extra
stockholders
its
dividend of
extra
an
dividend of
of
on
that
stated
company
distribute
26
semi-annual
stockholders
to
cents
65
Nov.
last
24.
cents
per
both
share,
distri¬
extra
declared
was
all
the
of
of
account
on
20
per
An
year.
dividend
substantially
which includes payments
in
order
income
dividends
of
arrears
for
preferred stock' of the Commonwealth & Southern
the $5 dividend first preferred stock of Niagara Hudson
Corp.—V. 168, p. 1488.
Power
cellaneous
Estimated
on
Oct, 23
$1.25
share
per
record
the directors
Nov.
on
the
This
5.
is
three quarters of
the year 1948 to
payment
$1 each;
Net
and
the
before
of-. 5.6%
and
year
the
brings
same
as
or
declaration
sales.
on
return
a
"The
of'
Income
of
6)4%
of
cost
facilities
in
up
to
10
in
each
holders
of
dividends,
for
sales,
.on
production
of
the
$34,599,132,
was
first
,
nine
all • before
or
mouths
sales,
return
a
of
as
1948
was
compared
of 1947 of $97,306,461,
on
declaration
of
and
exhaustion
made
was
in
the
accounts
for
1947,
the
depreciation
first
was
adopted
than
more
a
year
coyer the true cost of the property which
In view of this situation, effective as of
charge for
exhaustion of
and
wear
is
ago,
is being
Jan.
facilities
for
charge
and
first six'months of 1948 equal to 30%
of the customary
for depreciation calculated on the basis of
original cost.
The continued increase in the cost of
goods and facilities
1948 has demonstrated that such 30%
additional
which
for
the
first
on
deductible
for
The
of
cover
to
economic
has
costs,
as
by
Institute
determination
the
1,
Accountants
1948,
asi
been
above
charge
purposes.
of the proper
losses
subject
others
numerous
of
such
to
advanced
from
concept of
has
cost
reported
been
excessive
present
day
by tho corporation as
past many months. The American
issued a letter to its members re¬
the
bv
the
income.
The
corporation
is,
additional
exhaustion
and
wear
in its opinion,
a proper recording
corporation, adequate provision
shquld be made - currently for the replacement of assets which are
constantly being worn out through production operations.
In view
of
the
of
facts.
the
In
the
American
judgment
of
the
Institute
of Accountants letter, and the recent dis¬
corporation and the Securities and Exchange
Commission, further study is being' made in an effort to agree upon
principles, satisfactory to the Commission, for determining and re¬
flecting additional wear and exhaustion cost for the full year 1948.
cussions
It
is
in
between
believed,
the
the
total
nine
for
Sept.
to
30,
all
of
income
exhaustion
the
the
was
corporation
the
current
after
and
and
of
$269,000,000
Shipments of
steel
to >4,916,185 net
for any
Shipments for
net
tons
ments
1948
—
of
This
peacetime
the
a'so
a
first
new
14,940,667
net
Production of steel
averaged ,91.2%
during
products
tons.
of
the
ir.
amount
required
at
Sept.
declarations,
were
30, 1947.
The de-
tonnage
third
quarter
peacetime
for
quarter
constitutes
nine months
tons
improvements
months.'
12
third
of
in
the
1948
record.
the
a
first,
of
new
1948
record
history of
amounted
This
nine
ingots and castings in the
capacity.
U.
to
compared
months
of
of
"The
of
S.
ship¬
ship¬
1947.
third quarter of
1948
Employment and payroll statistics for the third quarter of 1948, com¬
Mr.
conference
disclosed that
press
Olds
1947
1948
300,097
will
commence.
issuance
of
corporation
the
is
financial
currently
statement,
operating
at
,
share—
$3.51
in
banks
and
$4,03
S.
U.
..
,
1948
JUNE 30,
hand,. $520,039;
on
.
,
Government
•
$12,500},, ,$734,373;. inventories, $3,660,149; olher currenu
$.35,468; investments in Vascoloy-Ramei. Corp. stock (at cost),
U. S. Treasury bonds deposited under self-insurance agree¬
reserve.
•
patents, $1; employees' stock purchase loans,
charges, $55,826; total, $8,917,584.
de--"
$13,613;
,
r
,
t
The Vascoloy-Ramet Corp., jointly owneu by Fansteel Metallurgical •
and Vanadium-Alloys Steel Co., was recapitalized as of Aug. 31,
1948,
the
end - of its fiscal
year.
The Vanadium-Alloys Steel Co.
accepted $400,000 par value 4'/a%
cumulative preterm! stock in ex¬
change for its common stock. Vonadium-Allovs Steel Co. also received
a
cash dividend of $40,000 from Vascoloy-Ramet Corp. -on Aug. 26.
Corp.
~
mill
will have
It
country.
be
will
capacity for
its kind /•-
of
most modern
the
annual
an
—V.
production
the
168,
1050.
p.
■:V
.
_
■
./■
...
over
formally opened
was
confined
Angeles
sheets,
for
Today
which
is
there
mill
sheet
no
of
The
<$10
character I in
this
company
pan
scription
■Southern California."
Boach. to
G.
President
Become
15,
1948^ Alden
Columbia
Steel
Steel
Illinois
Roach,
Co.
called back from
Corp.,
retirement on May
United
Power
1948, Mr. Perry will, remain
Corp. serving in an advisory capacity.
last
the
For
States Steel
will
which
'
as
.
Corp.—Earnings—
approximately
Earnings
$80,957.
In
in
sale
The
the
12
of
projection
months
operating loss of $132,686.
models.
addition
In
the
to
market, for
the
than
larger
times
many
known
well
the
Units,
commercial
UST
the
to
Output—
properties
the
168,
1736.
p.
this
of
for
company
the
-
.
reports
a
total
of
-
-
•
t
290,061
representing
a
were
out
of
100'%
at
airmail
line's
99.95%
28
total
a
of
This
>
Nov.
corporation
1,. flying
two
will
with
\
and
Great
scheduled
75,084
miles
Falls
miles
A,;..
75,120.
.
scheduled
9,780
Denver
,
i
,
'
,
..
.
.
J
service to Palm Springs, Calif., on
trips a day into and? put•, of this premier
Vice-President—Sales, announced on
resume
round
resort/Richard
desert
are
of
between
efficiency
total
scheduled
a
with
route
operating
Resumption of Service—
already
deliveries
and
electric
the
operated
The
flown
established commercial sales volume,. UST tptal ., ;
increasing and the management anticipates
improved operating results.
% /•-. Y;'-, v-■■■*
sales
>
been elected directors of/
subsidiary.—V. 168. p. 1736,
have
owned
1947," when 201,772 pounds
recorded
is now delivering a new and complete line of moderate priced
table models and consoles.
By adding the home model sales
volume
17367
Unit—
23, 1948 totaled 113,058,000 kwh.; an
increase of?
output of 102,623,000 kwh. for the corresponding
corporation
flown.
company
home
Hulse
I.
wholly
a
hguled ,in September,
Canada,
'
'
market, which
high-priced commercial
the corporation entered the home television
This year
8ecu-
p.
to-date freight pound miles were up 62% from 657,241,294 to 1,065,- J
296,544. v.;
-'V,.
The" 'corporation
also
reports
a
system
operating
efficiency of
98.74% for September when 715,628 scheduled miles were flown out of
a
total of 724,726 scheduled miles. For the second successive month.
Western's airmail route 52 between Great Falls, Mont., and Lethbridge, 7
priced Up
such high-priced commercial units is limited
ended Dec. 31, 1947, the corporation had an
receivers
$2,495.
and
1948, .were
31,
UST was identified principally with large-screen
for taverns and restaurants which were
1947,
television
to
July
;
V'
■
,
.
ending
period
seven-month
the
for
.
of
1947.—V.
tember,
President, has announced
that this corporation
$30,000 a month in June and July of 1948.
Hoge,
168,
share
pounds of air freight
43.76%
increase over Sep- :
carried.
r! ^
%
The September
figure brought the year-to-date total to 2,589,066 ,
pounds, a 48.50% jump over the corresponding period last year when
1,743,452 pounds had been shipped by the corporation. This represents
new all-time high for the line.
/
% v-"
Freight pound miles increased 43.35% from 78,280.215 in September, ,
1947, to -112,210,906 pound miles the same months this year. YearThe
was
:
•
Hamilton
earned
Webster
&
sub-
for
one
Western Air Lines, Inc.—More Freight Carried—
principal office of Columbia Steel Co. is at the Russ-Building
Francisco, Calif. The headquarters of Consolidated: Western
Steel Corporation will continue to be at Los Angeles. Calif.—V. 168,
p. 1735.
States Television Mfg.
of
week
Roach has been President of Con¬
recently became a subsidiary of United
of Consolidated Western JSteel Corp.
President of Consolidated Western Steel,
San
United
Sam
Corp.,
Oct.
10.18%;; over
The
in
and
output
ended
week
name
new
continue
•
Mr.
years
Corp.,
under the
Roach
Mr.
eight
Steel
solidated
States Steel
Stone
of
construction.—V.
for
West Penn Electric Co.—Weekly
1, 1947,
President, William A. Ross. After Nov., 15,
with
Phelps
Maritime
Warren
Presidency of Columbia following the sudden death of its
to assume the
used
rate
of
amount
offered
be
at
Underwriter
held.
be
will
to
12
Mr.-Perry,
was
V.
Rey
President of Con¬
now
will succeed J. Lester Perry as President
formerly President of Carnegie-
solidated Western Steel Corp.,
of
G.
then
unspecified
an
are
Nov.
Warren Petroleum Corp.—New Directors of
'
•
,
Nov.
shares
Proceeds
record
of
of. Columbia
Steel Co.—
Effective
four
Corp.
shares
The
stockholders
Co.—Registers With SEC—
registered
22
Oct. "
slock,
on
common
by
each
lor
ntier,
Alden
Power
Viijinia Electric &
except that its production will
is a large demand in the Los
yesterday,
there
to
area.
'
Dick,
A.
•
MONTHS
7
FIRST
FOR
EARNINGS
OF
AND
1948
l:.
sales
.
'
;
12 Mos. End.-'.
7 Mos. End.
y..',
Net
1947
YEAR
"
'
July 31, '48
-
Operating profit —,—--———p—
Interest, cancellat'ns, sales, disc'ts, reserves,
"
.
etc.
a,
u
$.68,517
,29*256
- , "$53*231
,..136,456
.
Balance
-
income
—
:%*j%■. %
•
'
(
.
v
JWestern Pacific RR. Corp.-r-New Director-
y :y $39,261 ■: >$190,687
.....
\ ■
Paul
;
Other
"9'
comes
1,528,298
432,807
>. >
;■
.
Western Electric Co., Inc.—New Office Created—
,
..
$1,907,874
812,536
152,258
168, p. 1628.
L. Palmerton, Assistant to the President, today
(Nov. 1) be¬
Comptroller of the company's Purchasing and Traffic Division,
a
newly created post. His duties call for making studies of market
.
v; trends, material costs and related matters, and for recommending '
procedures .for coordinating purchasing activities of the company's
%
plants and distributing houses.—V. 168, p. 1628.
Dec. 31, '47
$1,033,312
;
of goods sold--^—
————
Selling, gen. & admin, expenses, bad debts, etc.
Cost
13.—V.
Oct.
,
H. Boles has been elected a director of this corporation,^
a; holding, corporation formerly, owning all the stock of The
Pacific RR
Co,, reorganized in 1944. It has- a substantial
claim against The Western Pacific RR. Co., in connection with tax
savings occasioned by the company's use of the holding- corporation's .fi
St/OCk lOSSGS* **■'*'*•
> "i
?
j' '' ?•,■ ll*;;
'•*
'•
r>~'
• t"''"*
It i '
Mr.' Boles is Chairman of the board of the General
Reinsurance
Edgar
which
—
is
Western,
Net
$80,957
"$132:686
I__7—78,051
.
profit
of stock
—-
—,—
issue.-—
Expenses
t
Added
deficit
to
"$210,737;
7.
account---—
■
:
deficit.
or
•*
;
'7::,
.
,
r
of the Marine Trust Co. of New '
f York, and the Lehigh Valley RR. Co.—-V. 168; p. 652. •
- ■
:
0
;
"Loss
■.
Corp.
of New York, and is a d'rector
.
COMPARATIVE BALANCE SHEET
ASSETS—
Cash
>
—
tax
Inventories,
Advances,
.
:
,
at
prepaid
assets
(less
Dec.
I-—--'y"$15,ip6
■
—
less—„
expenses, etc
cost
—-r/
July.31, *48
,>
refund_._.^._-___-___--_-"_-7-:: 'VA:T.
,
.
,
(net of
co.
.7
res.)—' ; ; i!
depreciation)——
Other assets & deFd charges
>!
jl70;73Q
21,788
pr
Investm't & advances-—affil.
of
,
-
Claims for
(unamort. balance
developm't cost & rent deposit)
——
•
■
80.744
11,894
86,660
»%.11,189
Wisconsin Central Ry.—Paying Agent Appointed—
r.;
$33,128
^
: The Hnited States Trust Co., of New York, trustee of the first
; 78*249 %
;
general • mortgage : 4% bonds, due 1949. lias been appointed paying .
•
.21,788 ' V
agent fpr -bonds' pf that issue, which are tendered $nd accepted) for ri
388,631
'4 payment in accordance with the recent: call for tender? by Edgar F.
v,;> 24.95$;
Ze^e, trustee of:'the property of railway company. See V.. 168, p. 1628.
7,349'
90,067
Wisconsin Power & Light Co.—Definitive Bonds—
%
.18,070
-
$766*092,
Deferred income
for
Reserve
5%
(rent
—
20,000
contingencies:
—
2.250
stock
300,000
($4 par)—_
159,500
—
•-
—
;
20,000
-V.
166, p.
1526.
-r—v—
'J".
159;500
191,072
381,079
462,(»7
$766,09?
$662,134
,
v
:
<
;
,'.■
announced the formation
of an International Division which will handle the corporation's export
business after Oct. 31, Since, the war, American Sfeel Export Co., Inc.,
■,
H.
acted
Mr.
—
bonds in temporary form —rV. 168,
,v;
Vr;. Zenith. Radio Corp*—Forms New Division—
300,000
191.072
—^
Y.,
1300.
$451,34*9
2,250
accrued taxes, etc.——
received in advance)
stock (par 50 cents)—
surplus
surplus (deficit)—
Total'
in exchange for outstanding
N.
p."
convertible preferred
Earned
noW
"
,$662,134
$474,349
•
first mortgage. 3'/8 %'• bonds, series B, due Jail. 1, T978,
available" at the Bankers Trust Uo., 16- Wall Street, New York*
Definitive
v".
LIABILITIES—
Accounts payable, leans,
,
31,747,
are
Paid-cm
287,217
per
CONSOLIDATED BALANCE SHEET,
Investment in Vascoloy-Ramet Corp. Changed—
;
300,000 tons of cold reduced sheets of various kinds. This
sheet mill will be similar to Columbia's new mill at Pittsburg* palif.,
of
$265,649,187 $221,672,393
after
the
reconstruction
such
on
new.
Common
Quarter Ended Sept. 30—
a
!
8543,756
505,532 '
$2.68
LIABILITIES—-Accounts, payable,
15,129,874
with
$822,811
453,18 3
321,70043,500
:
$2,281;432;
Steel.
rated
Average number of employees
Total payroll
Work
the
reduction
cold
new
this
in
Fixed
amounted
$707,041
603
46
26,3Q0 '
ments, $15,393: other securities (less reserve of $1,000), $35,026; land,;
buildings end equipment (alter reserve for depreciation of $2,394,877), *
.
Accounts receivable
subsidiaries
dividend
past
the
of
pared with the third quarter of 1947, follow:
At
(less
43,578,696
$9.01*
36,490,198
$7.94
498,225
108,807
v
for
$78,000,000.
compared with $615,318,448 at Sept.
reflects the expenditure for additions to
and
facilities
ments
period
of
mill.
steel
sheet
and
additions.
its
$488,849,257
creese
this
quarter
approximated
estimated
-
dividends
during
third
facilities
improvements
the
deducting
its
during
authorized
of
of
and
wear
$296,000,000
assets
after
1948, U. S. Steel has expended
improvement of its facilities, or
and
total
improvements
1948,
current
1948,
to
the
for
of
quarters
Expenditures
and
complete
Net
ihan
provision
to
At
30,-
three
additions
more
months.
additions
that this will involve no material change
reported for the first nine months of 1948.
above
first
$199,000,000
$57,000,000
the
however,
income
During the
•j
$3.25
35,570
413,400
26,383"
25,752
124,516
$75,COO;
sheet mill has been under order for
many
now being
manufactured. It is expected that
the mill will be
completed and in operation sometime in. 1950. The^
mill Will employ approximately 1,500 men.
,
.
presently
amount of the addi¬
in dollar
purchasing
and abnormally
intensive study
of
over
recently
business
profit
assets,
32,637,195
5,023,659
$2.58
17,415,148
equipment for
months and is
is
reduction
as
stated,
is not
affirming its position stated a year ago that accounting and financial
reporting for general use will be best served by adhering to the
generally accepted concept of depreciation on original cost and that
any basic change
therein should await further study of the nature?
and
—
shr.
30,158
27,800
(market value $1,018,887), $990,116; other .marketable securities
(market value $707,525), $481,148; notes and accounts receiyab e, trade
88,042,ISO /-97,306,461
18,914,757 | > 18,914,757<
34,813,008
;
6,304,919
17,406,504
"The
charge,
sufficient
not
currently consumed.
1948, the additional
has
additional
tax
obsolescence,
been
of
Such
Federal, income
cost
power,
months
basis.
problem
tional
well
nine
this
28,735,082
6,304.919
10,879,065
per com.
modern
during
to 60% of the depreciation, based upon
original cost.
Such total
charge to cover replacement cost
amounts
to
$13,500,000 for the
third quarter of 1948 and to $39,700,000 for the first nine months of
1948.
The income of the corporation for the third quarter of 1948
calculated
34,599,132
-
dividends-
dividends-.
47,707
bonds
71,300,000
76,200,000
29,772'
13,541
110,312
surtax
profits
tax
excess
9,836
50.084
31,323
assets
normal tax <S?
ASSETS—Cash
immediately.
30%
and
Net
33,373,069
37,596,374
22,5.00,000
23,650"
27,358
H.408
trade, $349,667; accrued payroll,
J. Lester Perry,
President of Columbia Steel Co., a subsidiary has
$99,429; additional compensation to directory, priiccrs, and employees,
made the following statement:
" •'".%%%. $331,998; accrued taxes and expenses, $82,571; provision for income
"Columbia
Steel
Co.
on
Oct.
22
took possessipn
from the War
taxes* $447,200; reserve for contingencies (provision for-disputed prior
Assets Administration of the site of itsfuture cyld 'feduptiori sheet
years' income taxes)/ $468,275;
capitaL stock, without
par
value,.
mill in the Los Angeles (Calif.)
district. First announcemegit'pf! this ", 210,000 shares authorized and issued at a stated value of $2,000,000;
project was made about a year ago. This site, located near Columbia's % surplus'from .revaluation of fixed asset>, $25,534; p/tid-in surplus, $4,-."
existing steel mill at Torrance, Calif., consists of more than,.2^)0 acres
051,561; earned surplus, $1,377,966; less 8,756 capital shares in treas¬
of land and various buildings which were! useel to house an... aluminum*
ury,
at cost, Dr$316,617; total, $8,917,584.
plant during the late war. These buildings, which are now practically
NOTE—The book value per share was $35.47 at June 30, 1948. '
vacant, will be reconstructed and re-arranged to serve the needs of a
;
dividends.
and inventories,
which are constantly being
operations, has continued to advance during
1948.
In an endeavor to set up a reserve for wear and exhaustion
of. facilities which would more realistically accord with higher current
costs, an additional charge to cover more accurately such current
wear
1,895.468
Unit Acquires Site for Sheet Mill—
first
the
the total dividends for
disbursed in 1947 when
reported as. .$88^042,150, or a return of 5.0%
with incoma reported for the first nine months
used
quarterly dividend of
Dec.
paid
as
as
follows:
March
10, June 10 and Sept. 10,
10, $1.25 quarterly and 75 cents special,
earnings for the third quarter of 1948, Irving S.
announced
that
the income for the third
quarter
Chairman,
of. 1948,
regular
payable
rate
same
share,
per
27,100,000
—
disposal of fixed
121,347
,«
23,983
profit
Dividends paid —'
.
14,177,362
341,532
318,169
exps.
Net
taxes
Balance surplus
be
Dec.
-Reporting
Olds,
the
the
stock,
common
the current
$5
19,600,000
632,955
16,343,175
867,143
390,791
5,167,502
126,663
refunds———'
of
,
—
income
Earned
made
were
i
declared
at
Fed.
Preferred
which
United States Steel Corp.—No Special Dividend—
On
taxes
income
on
dividend
$6
and
net
1,804,419
j
914.818
shares—_
treasury
Fed.
for
65,300,954
ferred
Sept,
capital stock, par $25, from 40,000 shares to 60,000 shares, to provide
.v
long-term
on
30,
1,703,101
of
for Fed.
66,241,134
39,700,000
}•
0.030,380
l,0a3,142
;
Prov,
Prov.
22,604,430
exp
Employees' retirement annuity exps,
Taxes, other than income taxes—,
for Pennsylvania income tx_
v.
Prov.
orig. cost
on
Common
Manufacturing Co., New Britain, Conn.—Pays
on
'
705;824,573 ^5(82,678,670%
State, local and mis¬
in production.
Under present Fed¬
deductible for income tax purposes.
not
50% Stock.Dividend—
('The stockholders
655,842,590,;•
..
-
_
long-term
deducting $82,000 in the 1948 quarter and $117,500 in the 1947
quarter as special reserve
services
_U—— 237,795,018 197,469,976
out
worn
is
replacements
on
facilities—
Based
1947
loss
and exhaustion
Wear
of
Net
talc
Net
739,312;405
pensions—— 267,740,679 224,269,261
&
on
■;
development
and
Loss
Wages, salaries, sooial -security taxes
and
Total
Research
1,586.
87,728,198
6,105,515
132.111
admin, and .selling
■
1,527,297,218,
620,283,699 518,492,737 1,754,721,055
;29,4901
39,685
95,263
4,921.
$9,011,201
AddilL,, compensation to directors,,
officers and employees
'
Compens. employees in military scrv.
services
&
—I.——
6,392
177
>£■
$7,557,253
v.31,4427.,,.
29,517
46,067
^~J 7,396
1,263
$8,977,362
'
ale.s^.L
.
General,
(
>?• -
Depreciation
1948—9 Mos.—1947
'• $
'
$• v
$
1947
sold
of
Cost
$
.
income
.,
1946
:
$8,895,516
»
3,260
__
purchases
on
>t' Total income
(INCL. SUBSIDIARIES )
1948—3 Mos.—1947
sale of securities
on
••Miscellaneous
basing, point, system arid':
the
of
OF INCOME
STATEMENT
$381,042
302,000
336,000
income
Profit
Discount
absorption.
CONSOLIDATED
$865,620
.
"Special reserves
abandonment
1948
profit
Congress clarifies the pricing
that
in
30
JUNE
.1947
r .v.
returns i&. allows.
$3,906,983
Dividends34,357
Interest
26,192
the steel industry—to allow us to
meet the price of our competitors in their markets.". He.;,said, .that
United States Steel profits .have been increased "less than $1 a ton';
on
1948 -?
—
reiterated his hope
also
"to
ENDED
YEARS
FOR
vV;';%:
Sales, less disqts.,
up."
moving
Olds
Mr.
Per. End. Sept. 30—
*
v'7-1' V>'%'
„
situation
EARNINGS
CONSOLIDATED
at
Trans
^
Vanadium-Alloys Steel Co.—Annual Report—
;
C; Bonfig,
as-
Zenith's
Vice-President,
Opt. 28
sales representative.
that this new division will handle Zenith's export
basis with foreign distributors and other customers.
export
Bonfig said
business qn % direct
—v. 168, p. 1406.
on
a
-
'
Volume
168
Number
vv
4747
THE
COMMERCIAL
&
FINANCIAL
%
CHRONICLE
STATE AND
(1843)
'
\
51
CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
junction
County (P. O.
Birmingham), Ala.
Warrant
>■
Board
of
issued by the WashingChancery Court at the request
city hospital authorities, the
State's highest court asserted that
any change from the original pur¬
Ofiering—The
Education
sealed.bids until 11
County
will
receive
(CST)
a.m.
of the
pose
on
constitute
Nashville,
Feb. 1, as follows: $60,000 in 1952,
in 1958, $45,000 in 1954,
$25 000 in 1955, $75,000 in 1956,
$80,000
1957,
$78,000
in
1959,
in 1961,
in 1963,
in 1965,
in >1967,
in 1969,
S84.000
$88,000
.$92,000
$96,000
$100,000
1970.. All
turing
of
in
deemable
County
Aug. 1,
in
$94,000
1966,
1968,
$99,000 in
and
1970,
option
of
or
within
Little
Hock,
are
re¬
of
the
ceive
interest
any
Contra
Humboldt
Costa
sealed
bids
Pacheco
and
Annexation
County School Districts
(P. O. Eureka), Calif.
Dated
all property located
tion
the
Dec.
15,
of
$1,000.
be
Bond Sale—An issue of
$1,150,000 3% % telephone and; electric
Due
/
Dec.
inclusive.
15,
as
1954
in
Rate
to
fice.
Minneapolis,
First Na¬
Seattle,
and
a
Boetteher
price of
&
bids
000
in
1964
bonds w'H
to
1968.
All
be callable
on
of
until
Nov.
the
Maricopa
Sch.
(P.
Phoenix), Ariz.
O.
County
$25,000 not to
bonds.
interest
ex-
2,000 from
1950
der
to
the
1961
1962. Bid¬
printed bonds to
opinion
be
paid
the successful bidder.
for
and
after
by
are
a
\
man
has been
bonds
within
have
5
days
has been given that
ready for delivery. En¬
or
cashier's check
Board
of
Chair¬
Supervisors,
Hay ward, Calif.
)
ica
National Trust & Savings As¬
sociation, of San Francisco, has
Diversion of Bond
Proceeds
The State Su¬
on
—
the
bonds.
stated
in
The
the
bid
multiples of lk of 1%.
The purchaser must pay accrued
of
printing
the
bonds
will
$115,000 2i/4.% bonds.
a
proposed ordinance pro¬
viding for use of the proceeds of
a
a
hospital bond issue on
project, other
than
that
for
which the issue
a
previous
were
County Board of
power
and is ob¬
follows:5
The
August,
1947, to
enlargement of the
Oct. 1,
$10,000 from 1949
A'
25,000 2%% bonds.
-
hospital
and,
subse¬
quently, municipal officials sought
to
divert the funds to a hospital
project in cooperation with Wash¬
ington County or the University
Arkansas.
In upholding the in¬
•
Due $5,000 on
Oct.il from 1966 to 1970, incl.
All of the bonds
I, 1948.
are
Interest A-O.
legal
opinion
of
Orrick, Dahl¬
quist, Neif & Herrington of San
Francisco, approving the validity
of
the bonds will be
the
-
successful
charge.
furnished
bidder
to
-
3s, at
as
due
Nov.
on
1
from
Los
for
to
1949
high
-
uncon¬
ditional for not less than all of the
bonds
each
of
less
than
and
accrued
of
the
delivery.
at
issue
and
interest
The
the
for
value
par
to
not
thereof
the
bonds
date
wiil
County
be
Treas¬
urer's office, as soon as the bonds
can be prepared,
but not prior to
the date of sale of the bonds. En¬
a certified or cashier's check
close
bid
of
by the
made
was
National
Bank
of
O f fe
r
i
n g
—
The
County Clerk will receive sealed
bids at the
same
dated Oct.
1948.
Dec.
time for the pur¬
Denomination
15,
1950 to
in
1969.
as
1968
follows:
City School District,
Angeles County (P. O.
Los Angeles), Calif.
Bond
Sale—The
bonds
awarded
was
ceed 5%
tered
jointly,
issue
of
offered.
to
Jan.
5s, at
as
basis
a
000.
until
or
regis¬
bonds, issue of 1948.
Dec.
15, 1948. Denom. $1,$9,000 on Dec. 15 from
Due
rates of
or
interest to be expressed in a mul¬
tiple
of
J/4
of
1%.
Principal
payable
at
and
County Treasurer's office. A
cer¬
tified
(J-D)
check
Santa
the
for
Monica, Calif.
$10,000, payable
to order of the County Treasurer,
is required.
Legality to be ap^
proved by Orrick, Dahlquist, Neff
& Herrington, of San Francisco.
Bond
City
the
of
1,
1947.
Due
Jan.
as
of about
Bank
5s,
1.277%,
of
National
Trust
&
Savings Association,
of
Francisco, and Associates.
Mendocino
San
(P.
Bond Offering—W. J.
Broaddus,
000
1
for the
not
to
trict
5%
1
from
Due
to
1973
/:
on
in-'
4;.///
125.000 Willits Union High School
District bonds.
Due $5,000 on.
1
from
1949
to
from
1,
1948.
1973
may
dated Nov.
Denomination
office.
School
District,
Marin
County (P. O. San Rafael), Calif.
Bond Sale—The Bank of Amer¬
National Trust & Savings As¬
sociation,
of
purchased
divided
as
$10,000
San
Francisco,
$20,000
school
Nov.
incl.
bonds.
1
from
at
fice.
has
$2,000
to
City
Treasurer's
Local
Hospital
San Mateo
1, 1948.
are
dated Nov.
Denomination $1,000.
In¬
Principal and interest
payable at the County Treasurer's
office. These bonds, authorized at
the election held on July 20, in
the opinion of counsel constitute
terest M-N.
valid and
of
legally binding obliga¬
the
district.
The
County
power
of
Supervisors
Bond Offering—Sealed
construction
168,
v.
p.
bonds
will
have
offered
1408—were
taxation
said
by
all
property
District
subject to
said District (except
upon
intangible personal
prop¬
in
>
/
.
$152,000 sewer'
Oct.
21—v.
awarded
to
168,
the
p,;
Bank '
of America National Trust & Say¬
ings Association, of San Francisco,
as
2y4s, at a price of 101.617, a |
1,
1948, and
due
on
Dated Nov.
Nov.
l.from-
1949 to 1968, incl.
101.287
of
the
for
Second high bid 1
2%s was, made by
Security-First National Bank,
Angeles.
of Los
COLORADO
•
Denver
(City and County) School
District No. 1, Colo.
Sale
The $21,000,000
obligation bonds offered
168, p. 1737—were
awarded to a syndicate headed by
the Harris Trust & Savings Bank,
of Chicago, and the Bankers Trust
Co., of New York, at a price of
100.037, a
net interest
cost
of
—
general
on
Oct. 27—v.
about 2.045%,
$3,504,000
follows:
as
3J/2S.
Due
Oct.
on
1
from 1949 to 1953 incl.
4,620,000 2s. Due
1954 to
on
Oct. 1 from
1957 incl.
2,607,000
certain
-
Upland, Calif.
Sale—The
ment of said bonds and the inter¬
thereon
bids for
mentioned
.
4,951,000 13/4s. Due
est
'
1737—will be considered
Dec. 8.
on
and will be obligated to
levy ad valorem taxes for the pay¬
within
District,
County (P.O.
purchase of the $1,500,000 hospital
Bond
Due $2,000 on
Nov. 1 from 1954 to 1958, incl.
All of the bonds
of¬
certified check for 3%
bonds, payable to order of,
the City, is required.
Legality to
be; approved
by
O'Melveny &
Myers of Los Angeles.
1953,
//.
10,000 3% bonds.
from
the
A
of the
bonds,
Due
1949
inclu¬
expressed in a multiple of J/4 of
1%.
Principal and interest pay-;
follows:
2%%
on
$1,500
1973
basis of about 2.046%.
Niscasio
tions
to
$1,000.
Bidder
rates of interest/
two
name
in-
$1,000.
Principal and interest (M-N) pay¬
able
at
the
County Treasurer's
ica
15, 1948.
follows: $55,-
1968.
bonds
are
Dec.
as
1949
Denomination
Bond
of the bonds
15,
>
elusive
All
Dated
Redwood City), Calif.
iT-i elusive.
Nov.
from
■
interest
$10,000
1949
Due Dec,
$65,000
sive/and $35,000 in 1973.
45,000 sewer bonds. .Dated July 1,
1946.
Due July 1, as follows/
$10,000 in 1967, and $35,000 in.
follows:
as
•
bonds.
1972
000
purchase of $375,- Sequoia
exceed
bonds.
Nov.
to
Dec.
able
County School Districts
O. Ukiah), Calif.
bonds,
works
follows:
as
Due
fol¬
made by the
was
America
interest
water
bonds.
net interest cost
a
4%
inclusive, and
$60,000 in 1973.
'■?
1,355,000 municipal improvement
proved by O'Melveny & Myers, of
Angeles. Second high bid of
109.394 for
sealed
follows:
as
15,
Grubb,
a.m.
exceed
•1949
Dated
1,
O.
receive
Dated Dec. 15, 1948.
26
Seattle-First
1.18%.
will
(CDST) on Nov.
purchase of $3,020,000
$1,620,000
Los
Board
interest
to
divided
price of 109.652;
a
about
Clerk,
for the
not
$2,-
Oct.
Offering—K.
bids until 10
lows: $600,000 in 1950; $700,000 in
1951
and
1952, and $500,000 in
1953.
Interest J-J. Legality ap¬
Due
and
bids
interest coupon
sewer
Dated
National Bank, of Seattle, and the
First National Bank, of Portland,
$500.
inclusive, and $1,000
Principal
sealed
(CDST) on Nov. 4 for the
purchase of $180,000 not to ex¬
9,
Angeles
500,000
for
Additional
receive
8 p.m.
1968
without
All bids must be
Denomina¬ (J-D)
payable
at the
County
Principal and interest Treasurer's office.
Rate or rates
the City Treasurer's bf interest to be expressed in a
office. These bonds, in the
opinion multiple of 44 of 1 %. Principal and
tion $1,000.
payable at
Co., of San Francisco,
price of 101.02, a basis of about
2.91%. ; Dated Nov. 1, 1948 and
a
taxable at limited rates), without
limitation of rate or amount.
The
■
bonds
&
Sanitary District, Plumas
County (P. O. Quincy), Calif.
Bond Offering—E. G. Leonhardt
Secretary of the Sanitary Board,
$250,000 Willits Union School Dis¬
property within said Districts ly¬
ing within the county of Hum¬
boldt, subject to taxation by said
Districts (except certain intang¬
ible personal property, which is
to 1958, incl., and $5,000 from chase of
$29,500 not to exceed 5%
1959 to 1961, incl,
interest Trinidad Union Elemen¬
20,000 2V2% bonds. Due $5,000
tary School District . coupon or
on
Oct. 1 from 1962 to 1965,
registered bonds.
Dated Dec. 15,
inch
authorized at
ing bonds offered Oct. 19—v. 168,
1629—were awarded to Weeden
ligated to levy ad valorem taxes
,
in
for
municipal
was
election.
sold
provide
of
as
Due
•
$75,000
build¬
$45,000
for the payment of said bonds and
the
interest
thereon
upon
all
r
on
Sale—The
p.
be
$5,000 for tile bonds of each
purchased $160,000 sewage dispo¬
preme Court on Oct. 18 affirmed d
issue,
payable
to
the
County
sal improvement bonds of
lower
court
decision
1948, as Treasurer. *
enjoining
*
follows:
The city from
>.//; Vi'/w-'v r.
conducting ap elec¬
tion
Bond
bonds, divided
delivered
v
Bonds Sold—The Bank of Amer¬
Fayetteville, Ark.
Issue
shall
time not
for $1,000, payable to the
ARKANSAS
Enjoined
the
for
certified
rate
of
rate
Quincy
interest
Districts and the
notice
they
close
and
interest
split rates irrespective of
maturities
interest
not
other prop¬
Section 10 Va
same
County (P. O. Santa Ana),
Supervisors has
bonds
reasonable
when
paid
of
limited
of
Legality approved by
Orrick, Dahlquist, Neff & Her¬
rington, of San Francisco.
1949 to 1968 incl. Rate
15.
office.
accepted, they must be taken
and
up
rates
Oct.
County Clerk/ will receive sealed
bids until 2 p.m. (Calif. DST) on
proceedings had in relation to
been
County Treasurer,
Legal
A
to
the
different
on
District, Orange
Nov.
County Water Works Dis¬
Act.
done,
to
required.
provided in
held
was
School
elec¬
an
borne by the Districts.
The bonds
the general obligations of the
lands within the
upon no
authorized at
at
sold
the
the issue and when
name
rate of interest. In¬
(J-J).
A certified chbck
for 5% of the bonds,
payable to
is
and
-
(Calif.
a.m.
are
purchaser to examine,; at his
own
expense, a certified copy of
terest
the order of the
be
11
receive
Calif.
fol¬
as
interest from the date of the bonds
to the date of delivery
The cost
the
July 1, 1948.
De¬
nomination $1,000.
Due July 1, as
inclusive, and $1,000 in
levied
the
15,
Bidders will be permitted
bid
to
exceeding 10 days, will be allowed
Dated
follows:
upon
of
Dec.
constr uction
upon
as
Due
must be in
to
Laurel
District
Dated Dec. 15, 1948. Denomina¬
office.
Calif.
than
trict
school
coupon
O.
Treasurer's
are
District, and
until 2 p.m.
(MST) on Nov. 15 for
the purchase of
4%
bonds
erty,
School
Principal and interest
payable at sthe County Treasurer 's
Works"'*•
(P.
Dec.
1, 1948. In¬
Denomination $1,000.
be
Offering — James E.
DeSouza, Clerk Board of Super¬
visors, will receive sealed bids
Eureka
the
and
payments
Bond
.ceed
6
par.
The taxes to be
levied against the District to
pro¬
vide for the principal and interest
Telle son
17
1970
•
Dated
less
County,
D/st. No.
$4,250,
until
were
tion which
.
a.m.
for
J-D.
The
ARIZONA
$16,000 in
1952;
,$15,000 in 1953 to 1955; $16,000 in 1956 to 1958:
$17,000 in
1959 to 1961; $18,000 in 1962
> >
to
1964; $19,000 in 1965 to
V 1967; $20,000 in 1968 to 1970;
$21,000 in 1971 and 1972, and
$22,000 in 1973.
Due $1,000 Dec.
1, 1951 to 1965.
Principal and interest payable at
said
Sept. 1,
1953, at :? 02.50.
-
Water
No.
10:30
3
bonds.
terest
1962; $14,000 in
1966; $15,000 in 1967
and
at
limitation
amount.
"
to
tion $1,000.
acquisition
to 1953, $70,000 in 1954 to
1958,
$85,000 in 1959 to 1963, and $45,-
as
to
1969.
bonds.
(Calif. DST)
purchase of
$15,000 not to exceed 6% interest
Sept 1, 1948.
Interest M-S.
Due
Sept. 1, as follows: $30,000 in 1949
15,
1949
lows: $14,000 in 1949 to
Offering—E. Dusenberry,
County Clerk, will receive sealed
on
to
435,000
.
County
bonds
Los
Bond
Co.,
in
to 1972.
Herrington of San
Fresno),
Dated
par.
&
District
-
of Denver, at
Nefl
Fresno
Portland, B. J.
Co., of New York,
Stranahan, Harris & Co., Inc., of
Toledo,
Pacific
Northwest
Co.,
Wm. P. Harper & Son & Co., both
&
to
:>
Francisco.
of
in¬
will
Nov. 8 for the purchase
$94,000
school
bonds.The
Security-First
Los Angeles.
1960
1963
payable to the order of the County
Treasurer, is required.
Legality
to be approved
by Orrick, Dahl-
A certified check for
Dec.
$10,000
bids
Huberty,
on
in
V
by the bidder to
multiple of % of 1%.
general obligation bonds
purchased recently by a syn¬
composed of Blyth & Co.,
Foster &
Marshall, both of Se¬
attle.
Allison-Williams
Co.,
of
quist,
sealed
DST)
3s
of
was
Due
Auditor,
100.54
1958
system
Na¬
County
(Calif.
p.m.
without
rates)
will
L.
—
Second
fol¬
rates
or
bonds.
Offering
inclusive.
named
a
Bond
1951; $11,000 in 1952 to 1956;
$12,000 in 1957 to 1959; $13,000
bonds.
Principal and interest (J-D) pay¬
able at the
County Treasurer's of¬
dicate
lngen
2
District, Amador
Calif.
9 for the purchase
$760,000 not to exceed 5%
/v follows:
;
Junction
inclusive, and $2,000 from 1959 to
interest
tional Bank, of
Seattle,
tional
Bank, of
until
Nov.
trict
Denomina¬
clusive: $1,000 from
1968
Seattle-First
bids
on
terest coupon or registered
re¬
bonds,
a.m/ divided as follows:
fop the $325,000 Eureka High School Dis-
lows: $3,000 from 1949 to 1953 in¬
Anchorage, Alaska
1
DST)
School
County, (P. O. Jackson),
.
sealed
11
1948
1948.
lone
Offering—Fred J. Moore,
Jr.,; County Clerk, will receive
Sanitary
until
of
Legality to be approved
Orrick,
Dahlquist,
Neff
&
Herrington of San Francisco.
erty, which is taxable
or
by
Bond
Highway
Issue
required.
of
3.17%.
(Calif. DST) on Nov. :4
purchase of $40,000 not to exceed
5% interest coupon or registered
thereto
ALASKA
Van
San Francicso.
in¬
net
a
Legality approved
by
Dahlquist & Herrington,
Orrick,
of
the
cer¬
tified check for $3,000, payable to
order of the County Treasurer, is
city, subject to taxa¬
Secretary Sanitary Board, will
on
County.
Legality to
be approved by
Storey, Thorndike,
Palmer & Dodge of Boston.
•
amount.
the
—
Education
on
reflecting
cost of
all property
upon
(J-D)
payable at
County Treasurer's office. A
which is taxable at limited rates)
without
limitation
of
rate
or
public
District, Contra Costa County,
(P. O. Walnut Creek), Calif.
Bond Offering
G. 3. Cutler,
ma¬
Special County School
on
at
-
warrants
equal to 12 months in¬
Said issue is payable from
levied
of
bid
Central
premium
tax
offered
said
interest
tion by said city (except certain
intangible personal property,
Ark.
CALIFORNIA
in
date subsequent
the 3-mill
Co.,
in
$98,000
terest
at par and accrued interest
plus a
terest.
payment of said bonds and the
1964,
at. the
1.958,
payment
in
$90,000
interest thereon
18—v. 168, p. 1407
to
the
Lewis
W.
sold
accepted
$86,000
the
Oct.
on
—were
1960,
1962,
to
Board
auction
Cherry
in
would
public
of
The $70,000 sewer
—
bonds
revenue
1958,
$82,000
said
1959
in
issue
within
Bond Sale
Due
$51 000
in
bond
"diversion
funds."
.
Denomination $1,000.
$77,000
will constitute valid
legally binding obligations of
the city. The City Council thereof
will have power and will be obli¬
gated to levy ad valorem taxes for
counsel,
and
of
Oct, 29 for the purchase of $1,500,000 Board of Education capital
outlay warrants.
Dated Aug. 1,
1948.
of
.
ion
Jefferson
on
Oct. 1 from
1958 to 1961 incl.
2s.
Due
on
Oct.
1
in
1962 and 1963.
5,318,000
2.10s.
Due
Oct.
on
1
from 1964 to 1967 incl.
The
bonds
are
dated
Nov.
1,
'
5ft
rpTTTTI
(1R42)
52
THE
(1844)
1948
and
those
after
Oct.
1, 1959,
maturing
1958
or
on
i
Oct. 1,
on
interest payment
any
and accrued interest,
par
Syndicate
lowing
or
on
callable in
are
inverse numerical order
date, at
fol¬
Members—The
associated with the
Harris
Trust
&
Savings Bank,
and the Bankers Trust Co., in the
purchase
of
the
bonds:
The
Northern
Trust
Company;
The
First National Bank of Chicago;
were
.
Chase
The
National
Bank; The
Corporation; HarriRipley & Co., Inc.; Chemical
First
Boston
inan
Bank
&
Trust
Company; Equit¬
able Securities
Corporation; Mer¬
cantile-Commerce
Bank
&
Trust
•Company; Weeden & Co.; Boettcher & Company; A. G. Becker &
Co., Inc.; First of Michigan Cor¬
poration; R. H. Moulton & Com¬
Bosworth, Sullivan &
Illinois Company; City
pany;
The
tional
Bank
&
Co.;
Na¬
Co., Kansas
Trust
by said
will
judicial decree of the Circuit
Court
of
Palm
Beach
County.
by
Reference
said
to
Company,
purchasers of said bonds without
Each' bid must be accom¬
charge.
panied by a bank cashier's check
for 2% of the par value of the
bonds bid for, payable to the State
Commission.
Augusta, Ga.
Sale — The
tificates
& Co. and G. C. Haas & Co.
anticipation
revenue
offered
2%%
165;000
$33,000
FLORIDA
Florida Improvement Commission
(P. O. Tallahassee), Fla.
Oct.
26—v.
000
Nov.
10
receive sealed
(EST) on
p.m.
for the
purchase of $3,Beach County road
600,000 Palm
and bridge revenue coupon, series
18, bonds. The issue was origi¬
nally scheduled to be soldon Sept.
21',
but
the
offering was with¬
drawn. The bonds are dated Oct.
1,
1948.
Denomination
$1,000.
Due Oct. 1, as follows: $5,000 in
1949, $20,000 in 1950, $35,000 in
1951, $55,000 in 1952, $70,000 in
1953, $90,000 in 1954, $120,000 in
1955, $140,000 in 1956. $175,000
1957, $190,000 in 1958, $205,000
1959, $215,000 in 1960, $225,000
1961, $240,000 in 1962, $260,000
1963, $280,000 in 1964, $290,000
to
are
bear
interest
obtainable
when
sold
at
who
is
the
best
or
Due $32,-
from
1
1959
to
inclusive.
are
Principal
dated
in¬
and
(A-O) payable at the Bank
of Manhattan
Co., New York City,
of the City Comp¬
office
the
troller.
Certificates
numbered
to
166
numerical
and
on
order
1953.
the 1st day of October in
thereafter at par plus
interest, together with a
premium cf 3% of such principal
any
year
accrued
in the years
if redeemed
to
in
incl., and 1% if redeemed there¬
before
after
maturity.
high bid of 101.02 was
made by a syndicate composed of
Courts & Co., J. H. Hilsman &
Co., Norris & Hirschberg, Inc.,
Wyatt, Neal & Waggoner, and
Milhous, Martin & Co.
Second
Columbus
Housing
Authority,
Ga.
Note Offering—Sealed bids will
be
received
until
Nov.
3
Nov.
Bank & Trust
over
City.
Co., New York
the
interest
.secured
by
from
its
chase
thereon
pledge of
a
income
and
a
revenue
will
Oct. 13 and
lien
on
contract
of
said
authorizing the issuance of
bonds.
awarded
to
The.,
bonds
will
be
the bidder whose bid
produces the lowest interest
cost
after
deducting the premium of¬
fered, if any. Interest on the pre¬
mium, if any, will not be consid¬
ered
as
net
mining
terest
deductible in determining
interest cost.
In
deter¬
the
will
maturity
interest cost, in¬
computed to the
from Oct. 1, 1948.
date
Said bonds will be issued and sold
the
ment
Florida
man
ment
Commission,
bers,
of
the
and
Bannock
a
—v.
Road Depart¬
appointed mem¬
created
by
and
$1,000,-
168, p. 1630—were awarded to
syndicate composed of Blyth &
Co., Inc., First National Bank,
both of Portland; Stern Bros. &
Co., Kansas City; Weeden & Co.,
San Francisco; Atkinson-Jones &
Co., Fordyce & Co., and Chas. N.
Tripp Co., all of Portland, at a
price of par, a net interest cost
of about 2.425%, as follows:
a
3s.
Due
Oct.
on
from
1942 to 1954 inclusive.
473 000 2V4S.
Due,
Oct. 1 from
on
1955 to 1963 inclusive.
306.000 2 V'2s.
1964
to
Due
1968
building
1948.
1948.
are
dated Oct.
Interest
A-O.
Legality
by Pershing, Bosworth,
approved
Dick & Dawson, of Denver.
existing
Chapter 420, Laws of Flor¬
ILLINOIS
r
ida, 1941, as amended by Chapter
22821, Laws of Florida, Acts of
Chicago Sanitary District, III.
1945, .and pursuant to ^Chapter
Bond
Offering—The Board of
23758, Acts of 1947, and pursuant Trustees will receive sealed bids
also to a resolution duly adopted until Nov. 18 for the
purchase of
■
i
y
•r
'S
'
'
•
i
>.
>
f
t
■
•>
furnished
Bond
1,
Nov.
furnish "the
un-
Enclose
certified
a
for
1,
$1,000.
the
interest
of
to
are
bear.
which
—
C.
will
Secretary,
bids until 8 p.m.
Nov. 9 for the
>
f
.
7<i
cree|<
receive
bonds
j
will
cessiul
be furnished
bidder
County.
the!
at
the
sue-; j
of
expense1
No conditional
will be considered.
|
on j
$150,000)
interest
cou-
j
bonds
pur-
follow£: $2,000 from 1950 to
^53 inclusive;
bids
The bonds will1
able at the place preferred by the |
$3i000 {rom 1954 l(>
inclusive
]960
to
1961
1963
and
frora
$4000
inclusive.
Versailles,
Ky.
being issued under the
Bond Offering—The City Clerk
provisions of Chapter 86 of the, will receive sealed bids until 7.30
Acts of 1903, as amended, and the
,p.m. (CST) on Nov. 2 for the purgeneral statutes relating to the!chase of
$110,000
2%%
school
of
general
obligation building
revenue
bonds.
Dated
counties, for the pur- Oct. I. 1948. Denomination $1,000.
Interest A-O.
Due April 1, as fol¬
issuance
bonds
of
Dated
pose of providing funds to be ap¬
Dec. 1, 1948. Denomination $1,000.
plied on the cost of enlarging and
Due $10,000 from 1954 to 1968, incl.
j equipping the County Hospital
Principal and interest (J-D) pay-j known as the Dunn Memorial
Hospital.
The
bonds
will
lows: $7,000 in 1950 to 1955, $8,000
in 1956 to
Legality to be approved by
Chapman & Cutler, of Chicago.
lected
Salem
tified
check
value
1963.
to
di¬
be
the
1959, and $9,000 in 1960
The
deemable
purchaser. A certified check for; rect
obligations of the County,
2% of the amount is .required, j
payable out of unlimited, ad va¬
Bonds are payable from unlimited j
lorem taxes to be levied and coltaxes.
bonds
are
swimming pool bonds.
pon
Ky.
Details—The $41,000
improvement
in-
Such
ready for delivery within 21
days after the sale date.
The
(CST)
purchase of
exceed 2 Vz %
Fulton,
Sale
Bond
Uased by the Hermitage Securimultiples of ties c
0f-Nashville, as previVi of. 1%, and not more than one
ous,y no(ed in v 168> p. 1527_
mteiest rate shall be named by
were
soi<j as 45
at a price o£
each bidder. The opinion of Ross,
m304> a basis of about 3.96%.
McCord, Ice & Miller of Indianap- The bonds are dated
Sept. 1,1948.
I olis approving the
legality of the Denomination
$1,000.
Due Sept.
Young,'
P.
KENTUCKY
in
as
order
reverse
bering
will
be
re¬
in part in
their num¬
or
of
30 days' notice
on
interest
bonds
whole
a
payment date
on
on
any
after
or
of
Community High Sch. Dist.
No. 600
(P. O. Salem), Marion
Details
Sale
Bond
erty in the County.
B.
—
J. Van
S.
&
Benjamin
of Chicago,
Condon,
and
&
Co., both
along with Doyle, O'Connor & Co.,
Chicago, purchased the $800,000
bonds reported sold in v. 168, p.
1302.
100
The
069,
about
group
net
a
price of
cost of
paid a
interest
3.08%, for the bonds divided
follows:
as
Dec. 1, 1950 to
on
1953 inclusive.
350,000 3V4s. Due Dec. 1, 1954 to
Enclose
3%
of
propa cer-
the
Oct.
j
1.
1951, at 102%, on
1956, at 101. and on
oct. 1,
or
after
or
after
face
the
Bond
be
Sale—The
$560,000
sew¬
conditioned
tent.
only
that
to
ex¬
The minimum bid required
bonds offered
shall be 101 Vu.
Enclose a certified
on Oct.
26—v. 168, p. 1738—were
check for $1,100, payable to the
awarded to John Nuveen & Co.,
works
age
revenue
of
Chicago, and the City Securities
Corp. of Indianapolis, jointly, as
3V8s, at
of
a
price of 100.422,
about
1948
3.10%.
and
Dated
1
bid
of
1,
due
and
101.01
for
3V4s
was
CUy;V.;v:^^
West
basis
a
Nov,
semi-annually on
July 1 from 1951 to
1978 incl. The bonds are subject
to prior redemption. Second high
Jan.
$60,000 3s. Due
for
| Oct. 1, 1960, at par.
The City
the bonds bid, payable;
agrees to furnish
the approving
County Board of Commis- j opinion of Woodward. Hobson &
sioners.
Fulton, of Louisville, as to the
legality of the bonds and bids may
Rushville, Ind.
to
County, III.
all of the taxable
on
made
Bond
Point, Ky.
7;;,/'-'!/:
Offering—The City Clerk
will receive sealed bids until 7.30
p.m.
(CST) on Nov. 1 for the pur¬
of $32,000 school building
chase
bonds.
revenue
1948.
Dated
Oct.
Denomination $1,000.
April 1
1,
Due
follows: $1,000 in 1950
$2,000 in 1954, $1,000 in
1956, $2,000 in 1957, $1,IOWA
1964 inclusive.
000 in 1958, $2,000 in 1959,- $1,000
All of the bonds are dated Sept.
Cedar Falls Indep. Sch. Dist., Iowa in 1960, $2,000 in 1961 and 1962,
1, 1948.
Bond Sale—The $35,000 build¬ $1,000 in 1963, $2,000 in 1964 to
ing bonds offered Oct. 27—v. 168, 1968, and $3,000 in 1969.% The
INDIANA
p. 1738—were awarded to Paine, bonds are subject to prior redemp■;
Converse, Ind.
Webber, Jackson & Curtis, of Chi- tlon only' !n whole or ln Part> M
by Widmann & Co., of Cincinnati.
1960 inclusive.
390,000 3s.
Due Dec.
1, 1961
to
,ww.
Bond
Sale—The
$33,000
works
improvement and
refunaing bonds offered
168,
—v.
to
the
Bank
First
of
Oct.
1630—were
p.
as
21
awarded
Farmers
Converse,
water
revenue
National
3y4s,
at
cago, as
a
basis
Nov.
price of
and
Dated
par.
due
on
Jan.
1
Oct.
from
1,
1948
1950
tional.
high bid of 100.63
for
Second
3V2S
Securities
was
Corp.
of
by
the
1948
1.22%;
and due
Dated
follows:
as
$10,000 May 1 and $20,000 Nov. 1,
1951, and $5,000 May 1, 1952. Sec¬
high bid of 100.057 for iy4s
made
by the
First
National
Bank of Cedar Falls.
)
H
inverse
numerical
interest
due
City
City
Offering—H.
Clerk,
will
bids until 8 p.m.
F.
receive
sealed
(CST) on Nov. 8
n.
i
)i''
:•
f'l
1.
)
f'V;
.V.
on
any
30; days*
face value if called on Oct. I,
1949, or to and including Opt. 1,
1954, and on the same terms there¬
after except that
the additional
of
interest
Jakway,
order
upon
published notice at face value plu3
accrued
interest; plus additional
interest on each bond equal to 3%
shall
thereafter
and
be
2%
prior
if
to
called
Oct.
1959, 1% if thereafter. Payable
i;
ai
the West Point Bank, West Point.
are issued in accord*
Indianapolis.'1 for the purchase o'l $12,500 street The bonds
i
date
op¬
Bond
made
price of 100.071,
a
about
of
Humboldt, Iowa
The bonds
as
1953,
_
to
1972 inclusive.,
are
1,
iy4s, at
v.
ond
a
to
1955 and
I r
•i.'C'i
j
$10,000 July 1,1
July 1, 1951 to!
are
required to ;
rate
bonds
|2%s and 2 %s.
and
Bidders
the
Denomina-
Due
terest rate must be
Park District, III.
Offering
District
to
3%
Interest J-J.
1967.
$32,400, payable to the
Free port
not
exceed
1950 and Jan.
name
been
(CST) on
the purchase of $350,-
to
1948.
$310,000
has
bonds
revenue
purchased by Stern Bros. & Co.,
and Barret, Fitch & Co., both of
interest Kansas City, in joint account, ai
until 2 p.m.
hospital bonds of 1948. Dated Dec.
tion
Bond Sale—An issue of
water
receive
be
Bond
sealed
bids
,
Manhattan, Kan.
Smith,
will
Auditor,
not
cashier's! the
or
Offering—Donald
10 for
000
a
will
Wichita.
(P. O.
Bedford), Ind.
$90,000 in 1950 to 1955,
$85,000 in 1956 to 1967, and $60,000 in 1968.
Registerable as to
principal only. Bidders must name
and
of
County
Lawrence County
Interest A-O. Due Oct. 1, as
bonds
by a group composed
Beecroft,
Cole & Co., and
Seltsam & Co., both of Topeka,
and the
Small-Milburn
Co., of
purchased
certified check'for
a
to
the
Board of Commissioners.
follows:
qualified approving legal opinion
of Chapman & Cutler, of Chicago,
Liberal, Kan.
Bonds Sold—An issue of $330,000 water works bonds has been
expense
payable
been
has
bonds
as
years.
county. Each bid shall be
accompanied by a non-collusion
coupon
single rate of interest for the
a multiple of Vs of
1 %.
Principal and interest will
be payable at a bank in Evanston
or
Chicago as may be mutually
agreed upon between the Board
and the purchaser. The District
will pay for the printing of the
the
at
was
2V4s, to George K. Baum
Co., of Kansas City. Due in 20
&
the
of
was
under
)
will be
were
Oct. 25, the
postponed.
on
City School District, Kan*
Sale—An issue of $200,-
construction
sold,
issued
$3,900,
Oct.
sale of which
Bond
bonds
These
originally offered
subject to the ap¬
proving opinion of Chapman &
Cutler, of Chicago, which opinion
together with the printed bonds
111.
Dated
bonds.
will
required.
000
being
M. Chute,
interest
bonds
is
collected against all taxable prop¬
erty in the county. The bonds are
sealed
3 %%
The
of the amount of the bid
2%
for
direct obligation
of the
payable out of unlimited
County
•.
inclusive.
All of the bonds
1,
j:
Oct. 1 from
on
bidder.
A certified check
rate of interest.
than
named
be
Junction
to
exceed
shall
rate
multiples
more
ad valorem taxes to be levied and
Secretary of the Board of Edu¬
cation, will receive sealed bids
until-7:30 p.m. (CST) on Nov. 16
for the purchase of $1,620,000 not
gal
County (P. O. Pocatello),
$221,000
the
to bear in
are
affidavit and
on
Oct. 21.
Bond Sale—The issue of
each
county,
75
Ingen & Co., of New York, R.
000 hospital bonds offered Oct. 25
Improve¬
State agency
State
three
O.
—
Emporia School District, Kan.
Bond Offering — Magdalena Y.
Dated Sept.
1%; and not
interest
be
Dickson & Co., Charlotte, McDou-
Idaho
State
composed of the Governor, Chair¬
Evanston),
Offering
Lewis
net
be
O.
(P.
of
by
com¬
District No.
1/4
one
about
10,
Nov.
IDAHO
lease-pur¬
portions of State roads
bridges in said County, more
particularly described in the reso¬
lution
due
previously offered
derived
and
by
Issue
and
be
on
the
1948
The payment of said bonds
and
the
24,
1949.
the Central Han¬
or
School
the
for
the
Jacksonville,
the bonds
of
100.62
of
KANSAS
un¬
Baker, Clerk of Board of Educa¬
1,1948. tion, will receive sealed bids until
M-N.
Denomination $1,- 7:30
p.m. (CST) on Nov. 1 for the
000. Due $30,000 May and Nov. 1,
purchase of $500,000 construction
1952, and $30,000 May and $40,000 coupon bonds.
Dated March 1,
Nov. 1, 1953. Bidders will be re¬
1949. Due $50,000 March 1, from
quired to name the rate of interest 1950 to
1959, incl. Bidder to name
of
Bond
Oct.' 1,
on
in
of
cost
.
bids
a.m.
bonds of 1948.
District.
bidder
Bank
of
made by a group
was
Evanston
purchase of $1,356,000 notes, dated'
National
interest
net
a
redemption prior to maturity at
the option of the City in inverse
and
to
reject any or all bids.
Principal and interest payable at
Florida
bid
high
and
Interest
dated June 1,
are
sealed
(CST) on Nov. 8 for
the purchase of $130,000 not to
exceed 3%
interest improvement
$270,000 2s and $625,000 2%s,
or
check
1958, inclusive, 2% if re¬
deemed in the years 1959 to 1963,
the
for
Second
650, inclusive, shall be callable for
i953
Commission reserving the exclu¬
sive and unqualified right to de¬
termine
Oct.
1948.
1.
terest
in
ex¬
par,
Oct.
amount
pressed in multiples of % or 1/10
or 1/20 of 1%, at the lowest rate
The bonds
1948.
11
bonds
Offering—The County Au¬
ditor will receive
Dec. 1 from 1962 to 1967 inclu¬
on
sive.
furnish
Indiana
til
bonds.
City
will
legal opinion.,
improvement
County (P. O. Crown Point),
Bond
entire issue in
of the certificates
All
in
in
1965, $305,000 in 1966, $325,000 in
1967 and $355,000 in 1968.
The
bonds
on
on
1968
Bond Offering;—C. H. Overman,
•
of
State
Improvement
will
Lake
Monday, November 1, 194S
Due
1968.
168,
certificates. Due
Oct. 1 from 1954 to
320,000 3% certificates
Director
2:30
.1948.
1,
cer¬
inclusive.
J958
until
construction
1,
1968; optional Jan. 1, as
follows:
$730,OuO from
1951. to
1967
inclusive, and $855,000 in
$650,000
Certificate
The First National p. 1630—were awarded to a group
Bank of St. Paul; Hannahs, Balliri composed of Johnson, Lane, Space
& Lee; Tripp & Co., Inc.; F. S. & Co., Clement A. Evans & Co.,
Smithers & Co.; Carl M. Loeb, and the Robinson-Humphrey Co.,
\Rhoades & Co.; Farwell, Chap¬ all
of
Atlanta, at
a
price of
man & Co.; Hayden, Miller & Co.;
102.117,
a
net interest cost of
The First Cleveland Corp.; Field, about 2.65%.
Sale consisted of:
Richards & Co.; Prescott, Hawley,
$165,000 2 V2% certificates.
Due
Shepard & Co., Inc.; Lucas, Eisen
$33,000 on Oct. 1 from 1949 to
£k Waeckerle, Inc.; Amos C. Sudler
1953 inclusive.
bids
12
Dec.
Harris,
Hall
&
Co.,
Illinois Co., and Bacon, Whipple
& Co., all of Chicago.
Minneapolis;
Commission,
Jan.
Dated
2.37%,
GEORGIA
Buffalo;
of
bonds.
posed
water
Bank
$13,265,000 series
CHRONICLE
Cook County Sch. Dist. No. 102
is reserved to retire all
(P. O. LaGrange), III.
any part of the issue oustandBond Sale—The $895,000 build¬
ing' on any interest payment date
on or after Oct. 1,.1958.
The ap¬ ing bonds offered Oct. 26—v. 168,
proving
opinion - of : Caldwell, p. 1630—were awarded to a group
Marshall,'Trimble & Mitchell of composed of the Northern Trust
of
Chicago,
First
Boston
New York, to the effect that such Co.,
bonds are valid and legally bind¬ Corp., and the First of Michigan
Corp., • both of New York, at a
ing obligations
of
the
Florida
State
Improvement Commission, piice of 101.63, a basis of about
and, if requested, a copy of the 2.35%, as follows: $465,000 2V4s,
due on Dec. 1 from 1951 to 1961
transcript of the proceedings in¬
volved will be delivered to the inclusive, and $430,000 21/2s, due
Newark;
National
FINANCIAL
or
The J. K. Mullen Investment Co.;
The
Marine
Trust
Company of
First
&
The right
Fidelity
Company;
Trust
and
statutes
resolution may be had for a more
detailed desciiption of said bonds.
Also, Kean, Taylor & Co.; The
Milwaukee
COMMERCIAL
Said bonds
to validation
Commission.
sold subject
be
Improvement
City.
Union
nrvli im /r-r-.v-»
Volume
with
:ince
Number
168
4747
ordinance
an
of
THE
the
and
$191,000
Board of Trustees authorizing said
from
bonds to which reference is here¬
bonds
1961
3s,
to
due on Nov. 1
inclusive. The
1968
dated Nov. 1,
are
COMMERCIAL
1948,
bid
must
■
the
on
at
least par and
and
bid
must
on
(P. O. Baltimore), Md.
interest rate
an
rates in multiples
or
Maryland State Roads Commission
accrued interest,
Bond
and all
sold
bids.
subject
The bonds
_
and interest
of
date
the
their
$1,301,000
Chesapeake Bay Ferry
System Improvement. Dated
of
Oct.
ion of
final
the
to
Annapolis or Baltimore.
440,000 Chesapeake Bay Ferry
Revenue 1V2 % of 1941. Dated
be
to
forms
office.
Clerk's
above
certified
check
Enclose
the
for $1,000.
Point
of
June
the
1,
Ste¬
pursuant
to
Indenture
Trust
1941,
S.
Commis¬
the
between
payment on Dec. 1, State of Mary¬
(CST) on Nov. 1 for the purchase
of $ 18,000 not to exceed 4 % in¬
terest
school building improve¬
nom.
that
announces
terms
the
& Trust Co., of Baltimore, as Trus¬
tee, the Commission has called for
by the Secretary of
Board of Education until 7:30 p.m.
as
Call-—Lamar
Secretary of
Commission and the Safe Deoosit
received
land
Bridge
dated
1948. De$1,000. Int. F-A. Due Aug. 1,
June
1, 1941, maturing Dec.
B
ds
on
Bridge
Previously
Called
—
refunding bonds to
of $77,000 maturing
revenue
1953, 1955 to 1958, 1960 to 1964, the amount
$2,000 in 1965, $1,000 in 1966 and Dec.
1, 1954 to 1956, called for
1967, and $2,000 in
1968,
The \
payment on June
1,
1948, and
bonds are subject to prior redemp¬
bridge revenue refunding bonds
tion, in whole or in part, in in¬ ! to the amount of
$2,000, maturing
verse
numerical
order
on
any
Dec. 1, 1956 and 1958, called for
interest due date upon 30 days'
i payment on Dec. 1, 1947, have not
published notice at fape value plus yet been
presented for payment.
accrued interest, plus additional
Wicomico County (P. O.
interest on
each bond equal to
Salisbury), Md.
8V2% of face vaiue if called on or
before
1953,
1,
Aug.
and
Bond
the
on
sick,
terms thereafter except that
Offering—William F. Mes-
President
the
of
of
Board
interest shall be County Commissioners, will reif called thereafter and on I ceive sealed bids until 11 a.m.
(EST) on Nov. 9 for the purchase
or
before Aug. 1, 1058, 1 V2% if
called thereafter prior to Aug. 1, I of $630,000 not to exceed 4% in1963, i/2% if thereafter,
Payable j terest county school bonds of 1948,
additional
the
2Va%
Point
West
the
at
West
Bank,
Issued in accordance with
Point.
;
2nd
issue.
cation authorizing said bonds and
reference
resolution
which
to
is
Nov.
Dated
Interest M-N.
resolution of the Board of Edu¬ ; 000.
a
1948.
15,
Denomination
$1,-
as follows: $32,1950; $30,000 in 1952 and
in 1955; $37,000 in
Due Nov. 15,
000
in
1953;
$67,000
hereby made for further details. J1956 to 1958, and $45,000 in 1960 to
The bonds will be payable both 11967. Principal and interest pay¬
able at the County Treasurer's of¬
principal and interest from a di¬
fice.
Bidders
are
requested to
rect unlimited ad valorem tax on
all taxable property in the Dis¬ specify with their bids the rate or
trict.
These bonds were author¬ rates of interest to be paid on the
ized at a special election held on bonds, on which rates or rates their
Aug. 7.
Bidders must bid on the bids are based and submitted, in
Bidders
amount of bonds.
entire
103 and accrued
must bid at least
interest, and must bid on an in¬
or rates in multiples of
i/4%.
The bonds are to be sola
terest rate
subject
interest
the
on
subject
being
Kentucky
or
income taxation on
delivery to the
their
of
date
of and
not
bonds
Federal
to
ad valorem 01
the
principal
the
to
and to the
final approving opinion of Bullitt,
Dawson & Tarrant, of Louisville.
successful
purchaser,
The Board of Education, will fur¬
nish
said
bond
forms.
opinion
forms
on
Bids
to
be
printed
and
must
the
at
office. Enclose
Secretary's
made
be
secured
a
cer¬
tified check for $1,000.
multiples of V4 of 1%.
Bidders
specify more than one rate of
the bonds,
but may not specify more than one
may
interest to be borne by
interest rate for the
bonds of any
The bonds will be
delivered to the purchaser within
maturity.
one
a
reasonable
the
after
time
sale
thereof, at the office of the County
Commissioners,
bank
rated
at
or
trust
or
any
incorpo¬
in
company
Baltimore, without expense to the
purchaser. If the purchaser shall
specify any other place of deliv¬
ery, such delivery shall be at the
expense of the purchaser. The le¬
gality of this issue will be ap¬
proved by.Niles, Barton, Morrow
& Yost, of Baltimore, and W. Ed¬
Porter, Counsel to the Board
County Commissioners, and the
gar
of
LOUISIANA
Baton
Rouge,
approving opinions of these
La.
Bond Sale Details—The $100,000
bonds
public .improvement
Arnold,
of
New- Orleans,
as
previously
noted in v. 168, p. 1527—were sold
at a price of 100.079, a net interest
awarded Oct. 1, to Weil &
cost
of
about 2.299%,
1949
to
2V4s,- due
3958 unci.
charge.
for
2%
No.
the
School
District
(P. O. Benton), La.
Sale—The $400,000 school
offered Oct. 31—v. 168, p.
1408—were
awarded
to
a
group
River
Housing Authority,
Mass.
Note
Offering—Martin F.
Chairman,
for
the
as
interest
follows:
cost
of
about
$209,000 2%s,
2.92%,
due on
Nov. 1 from 1949 to 1960 inclusive,
Mit¬
receive
(EST) on
purchase of $60,-
guaranteed as to both
principal and interest by the State
of Massachusetts. Dated Nov. 8,
000
notes
1948 and due
ties
net
will
bids until 1 p.m.
4
Nov.
composed of the Equitable Securi¬
Corp., of Nashville, Weil &
Arnold, and Glas & Co., both of
New Orleans, at a price of par, a
of the
County
the
to
MASSACHUSETTS
chell,
Parish
value
par
payable
Fall
Oct. 1 from 1954 to
The bonds are dated
13
a
Commissioners.
on
Bohd
bonds
of
without
certified check
purchaser
Enclose
bonds,
sealed
Bossier
the
to
quest,
1 front
$53,000
OcU.l, 1948.
gen¬
tlemen will be delivered, upon re¬
follows:
as
due on Oct.
1953
incl., and
$47,000 21/2 s,
National
and
par
the
to
on
May 8, 1949.
Sale
Bond
Offering
—
(EST)
sealed
on
bids
of:
bonds.
Bank
1949 to
Nov.
on
1963
1
from
incl,
400,000 School Loan No. 6 bonds.
Due
Nov.
on
from
1
1949
to
1963 incl.
■
the
dike, Palmer & Dodge, of Boston.
dated Nov.
are
1, 1948. Second high bid of 101.337
for 2s was made by a group composed ot Han iman Ripley & Co.,
Inc.,
Halsey,
Stuart
&
Co.,
Hornblower & Weeks.
and
Sale
—
The
—
light
168,
v.
a
1739
p.
group
—
Harriman
Ripley & Co.; Inc., HalStuart & Co., and Hornblower
Weeks, all of Boston, as 2s, at
price of 100.046,
a
1.994%.
due
to
basis of'about
Nov. 1, 1948 and
Dated
$15,000
1968
incl.
a
Nov.
on
from
1
Second
1949
high bid
of
101.895 for 2V4s was made by the
Bankers Trust
Belleville, Mich.
were
composed of
Co., New York.
Bond
fered
Bond Offering—Archie R. Whit¬
City Treasurer, will receive
sealed bids until 1 p.m. (EST) on
Nov. 3 for the purchase of $150,000
veterans
housing bonds.
Dated Oct. 1, 1948.
Denomination
$1,000. Due $15,000 Oct. 1, 1949 to
1958.
Bidders to
interest
in
name
rate of
one
multiples of (4 of 1%,
for all of the bonds at not less than
and
par
of
letter
interest
accrued
delivery.
Bids
may
telegraph.
or
to
date
be made by
These
bonds
will be authenticated by the First
National Bank, of Boston. The le¬
Coolidge & Rugg, of Boston, will
furnished the purchaser at the
18—-v.
&
168,
to
»
water
basis of
1952
about 3.16%.
to
due
1527—
p.
Dated
Aug.
1
inclusive.
on
1974
Oct.
from
The
optional.
are
Township School District
(P. O. Dearborn), Mich.
Bond Sale—The
of
at
the
First
National
Bank,
Boston, except that interest on
registered certificates will
paid by check from the City
3%s,
and
$48,000
bonds
offered
1739—were
Oct.
25—v.
awarded
to
made
1953
incl.
Bond
qq
| with
0f
&
Co.,
of
with
Detroit,
11
be
bonds,
revenue
of
100.15,
supply
2s, at a
of about
as
basis
a
p 1831.
Washtenaw
County Road Assess¬
District
ment
Ann
Bond
trict
No.
1
C.
(P.
Arbor), Mich.
Sale—The $30,926.72
Portion
special
Dis¬
assessment
road bonds offered Oct.
22—v. 368,
1739—were awarded to the Ann
p.
Arbor
Bank, of Ann Arbor, the
only bidder, as SVfes, at a price of
Dated
May
on
Oct.
1,
from
1
1948 and
to
1950
due
1955
in¬
clusive.
Wayne, Mich.
Bonds
Not
submitted
exceed
Sold—No
for
the
interest
4%
parking system
fered
Oct.
on
bids
397,000
automobile
bonds of¬
revenue
11—v.
were
not to
163,
1523.
p.
MINNESOTA
Bayport,
Minn.
■
Village Clerk, will receive sealed
bids until 7:30 p.m. (CST) on Nov.
R.
Detroit,
Liv¬
were
Merrill
23 for the
to
funding bonds. Interest J-D. Dated
Dec. 1, 1948. Denomination $1,00(L
Due
1949
Dec.
to
1,
as
1951;
follows:
$6,000
$8,000 in
in
1952, and
Principal
and interest payable at any suit¬
able bank or trust company desig¬
nated by the purchaser.
The Yil$5,000
Jackson
purchase of $45,000 not
3 V> %
interest coupon
exceed
in
1953
1955.
to
Bond
printing^ the
made
at
time of delivery.
The Kalamazoo and Portage Townships and interest (M-N) payable at a
bank in Stevens County or in the
right is reserved to reject any and ; Fractional School District No. 6
all proposals or to accept the pro-:
(P. O. Kalamazoo), Mich.
' | City of Minneapolis, designated
Bond Sale—The $340,000 gen¬
by the successful bidder.
posal most advantageous to the
eral obligation bonds offered Oct./
city.
Columbia Heights, Minn.
25—v. 168, p. 1739—were awarded
Bond Offering—Sealed bids will
Pembroke, Mass.
to E. H. Schneider & Co., of Kala¬
Note
Offering—Carl F. Ander- j
mazoo,
at
Town Treasurer, will receive! interest
sealed bids c/o the Second Na-;
follows:
son,
price of 100.022, a net
of about 1.79%, as
$272,000 2s, due on April
be
a
cost
received
tional Bank of Boston, 111 Frank-
j 1 from 1949 to 1952 incl., and
(EST) ; $68,000 l%s, due on April 1, 1953.
the purchase of i The First of
Michigan Corp., of
notes, divided as j Detroit, second high bidder, of¬
on
Nov.
4
for
$217,000 coupon
follows:
until
Nov.
purchase of $150,000
improvement bonds.
for
9
the
permanent
Fergus Falls, Minn.
lin St., Boston, until 10 a.m.
Certificate Sale Details—In
nection
with
the sale of the
con¬
$40,-
000 certificates of indebtedness to
fered 100.11 for $340,000 bonds as
the Fergus Falls National Bank &
School
addition j 2s.
i Trust
Co.
as
2s, as previously
notes. Due Nov. 15, as follows:
j
Michigan State Bridge Commission ! noted ill our issue of Sept. 27,
$8,000; from 1949 to 1958 incl,, I
v.
168, p. 1303, we learn that .the
(P. O. Lansing), Mich.
and $7,000 from 1959 to 1968 |
Bond Call—W. C. Stinson, Sec¬ certificates were sold at par.
incl.
retary, announces that in accord¬ Fillmore
52,000 water mains notes. Due
County Independent Sck*
ance with the provisions of Article
Dist. No. 112 (P. O. Spring
$4,000 on Nov. 15 from 1949
II of the Trust Indenture given by
to .1961 incl.
Valley), Minn.
the Bridge Commission to the De¬
15,000 fire station notes. Due $5,Bond Offering—Fiances Ku mm,
troit Trust Co., Detroit, Trustee,
000 on Nov. 15 from 1949 to
dated June 1, 1945, various Blue District Clerk, will receive sealed
1951 incl.
bids
until
7:30
p.m.
(CST) on
Water Bridge Revenue Refunding
All of the notes are dated Nov.
Nov. 3 for the purchase cf $125,bonds maturing June 1, 1968, are
000 building bonds. Dated Nov. ?,
15, 1948. Principal and interest called for
payment at 104% on
1948.
(M-N) payable at the Second Na¬ Dec.
Denomination $1,000.
Due
1, at the Guaranty Trust Co.,
tional Bank of Boston. Notes will
$5,000 in 1950
New York City. The interest cou¬ Jan. 1, as follows:
be prepared under the supervision
to 1960, and $10,000 in 1961 to 3967.
pon due Dec. 1, 1948, must be de¬
of
and
The
certificated
as
to
bonds maturing in
their tached and
196) to
presented in the usual
genuineness by the Director of
1967, are optional at par on Jan.
manner, but interest coupon due
Accounts, Department of Corpora¬ June
1, 1958, and subsequent interest
1, 1949, and all subsequent
$150,000
High
and
Taxation
of
^/•' y'-sWeston,
Bond
Massachu¬
'
;,
J
Mass.
Sale—The $800,000
a.m.
offered
on
Nov. 3 for the purchase
—were
coupons
must
be
attached
to
the
dates.
of
bond.
Norton
bonds
awarded
$250,000 water loan, 152nd is¬
associated
were
County (P. O.
Jackson), Mich.
Offering—Floyd J. Poole,
Treasurer's office.
Any of these
County Clerk, will receive sealed j -*a&e
furnish the printed bonds
coupon bonds are subject to regis¬
bids until 3 p.m. (EST) on Nov. 1 i and approving opinion of Faegre
tration as to principal, at holder's
for the purchase of 3150,000 not to
Benson, of Minneapolis, without
option,
on
presentation
to
the
exceed 2h> % interest tax anticipac°st to the purchaser. Enclose a
City Treasurer for appropriate en¬
tion notes.
Dated Nov. 15, 1943. {certified check for $1,000.
dorsement, or may at any time
Due March
I, 1949.
Payable at:
Chokio, Minn.
more
than one year before ma¬
the County Treasurer's office' The
certificate
Offering - A.
turity thereof be exchanged for a
notes are oeing issued in antici-1
Reichmuth> village Clerk, will
registered certificate representing
patloh of 1948 ta?ces and the sue
receive sealed bids until 8 p.m..
an equivalent obligation for prin¬
cessfull bidder will be required to
(CST) on Nov. 8 for the purchase
cipal and interest in accordance
pay the cost of
with the provisions of Massachu¬
notes j of $14(0oo 2*4% water works Jtoand the legal opinion.
A cei titled
setts
General
Laws
pr°vement
certificates
of
in(Ter. Ed.),
chock for .! ftoi the notes, payable ;
debtedness. Dated Nov. ,
Chapter 107, Section 4. Bonds will
to order of the. County Treasurer,,
Denom. $i,000. Due $2,000 on Nov!
be ready for delivery about Nov.
is required.
1 from 1950 to 1956 incl. Principal
19, 1948, and payment is to be
fully
A.
re¬
net
was
Bond Offering—Keith Clements,
168, p. 1739.
7
a
3.52%j
or
the First of Michigan Corp.,
1,1.97%—v. 168,
Callable.
Durand, Mich.
Details—S.
associated
$32,000
3V2s,
Port Huron, Mich.
Details—McDonald, Moore*
Sale
&
a
Sale
ingstone
Second
for
by Walter J. Wade, Inc.
.
168, p.
syndi¬
cate composed of Merrill Lynch,
Pierce, Fenner & Beane, Jones B.
Shannon & Co., S. R. Livingstone
6
Co., McDonald-Moore & Co.,
First of Michigan Corp., Crouse &
Co., and H. V. Sattley & Co., all
of Detroit, as 4s. Dated Sept. 1,
1948 and due on May 1 from 1949
to
1948.
100.081
$200,000 school
Lynch,
time of delivery and a copy of this Pierce, Fenner & Beane, of De¬
opinion will be filed with the said troit, in the recent purchase of
bank. Principal and interest pay¬ $45,000
storm
sewer
bonds—v.
able
ol'
par.
Dearborn
No. 7
15,
bid
Co.,
1948 and
1,
Oct.
high
McDonald-
•
and H. V, Sattley
& Co., both of Detroit, in joint
account, at a price of 100.08, a
gal opinion of Ropes, Gray, Best,
be
inclusive, and $16,000 2%s,
Nov, 1, 1953. The bonds
bonds of¬
revenue
awarded
Moore
man,
coupon
Oct.
were
ta
on
dated
price
Sale—The $100,000
supply system
bonds
Newton, Mass.
1952
due
system
offered
sey,
&
MICHIGAN
$300,000 gas
bonds
awarded
Co., of Detroit, at. a
price of 100.099, a net interest cost
of about
2.63%, as follows: $64,000
2%s, due on Nov. 1 from 1949 to
0f Detroit, in the recent purchase
of $150,000 series A, water
,
Holyoke, Mass.
Bond
53
&
interest cost of about
All of .the bonds
National
1631—wene
p.
are
delivered
be
at
of
Due
168,
Crouse
Bidders
interest.
authorized
Gertrude
until
will
purchaser
setts.
Barrows, City Treasurer, will
ceive
consisted
$400,000 School Loan, Act of 1946,
ac¬
payment in Boston funds. Legality
to be approved by Storey, Thorn-
tions
Haverhill, Mass.
of
Shawmut
Bonds
Revenue
1, 1949 to 1954.
follows: $1,000 in 1950, 1952, and
same
than
Shawmut Bank of Boston, against
Refunding
bonds to the amount of $1,184,000,
Dated Aug., 1,
ments.
the
26
sion,
a
Peabody & Co., R. L. Day & Co.,
and Robert Hawkins & Co., all
of Boston, as 2s, at1- a price of
101.383, a basis of about 1.802%.
interest will be considered.
Oct.
Baltimore National Bank.
Additional
Indep. Sch. Dist., Ky.
Bond Offering—Sealed bids will
be
less
awarded, to
dated
West
for
electric
wart,
the
at
.
bids
and
and printed
secured
a
single rate of interest
multiple of V4 of 1%. No
a
the
Bids must be made
bond forms.
on
1,
to
(1845)
name
in
June 1, 1941. Due June 1, 1949
to
1953. Callable at 102% at
The City will fur¬
nish the said opinion
at
104%
in
Bullitt, Dawson & Tarrant,
Louisville.
of
at
Callable
offices of the State Treasurer
de¬
opin¬
approving
1949
1, 1945. Due Oct. 1,
1960.
to
livery to the successful purchaser
and
Codd,
to
Boston.
subject to Federal or Ken¬
tucky ad valorem or income tax¬
on
1949
Principal and interest payable at
ing
ation
from
crued
the bonds not be¬
on
A.
\
Auditor, announces the call
redemption on Dec, 1, 1948, of
the following bonds:
are
principal
tov the
$17,000
$16,000
1,
Chief
bidder, providing, however, the
City reserves the right to reject
any
William
—-
Nov.
for
of V4%. The
the highest
be sold to
bonds will
Call
Dated
$1,000. Due Nov.
CHRONICLE
1960 incl.;
in 1961, and
$15,000 in 1962 and 1963. Bidders
MARYLAND
entire
amount of bonds. Bidders must bid
Denom.
follows:
FINANCIAL
bonds.
coupon
1948.
as
by made for further details. Bid¬
ders
sue
&
Oct. 26—v. 168, p. 1739
to a group com¬
posed of Estabrook & Co., Kidder,
Township Fractional School
District
No.
6
(P.
O.
District
Muskegon), Mich.
Bond
Sale—The
ing bonds offered
build¬
Oct.
18—v.
by
at
a
name
the
are
the'rate
the
bonds
election
vote of 337 to 17.
will
on
The
furnish
the
legal
Colman, Bar¬
ker, Scott & Barber, of Minneapo¬
opinion
380.000
on
June 7,
to
These
lis.
of Dorsey,
Enclose
a
certified
or
cashier's
54
(1846)
check
for
THE
$2,500,
payable
District Treasurer. ■;'
/.
1
Golden
\
of
certificates
Co.,
of Minneapolis, as 2.40s, at a price
Of 100.217, a basis of about 2.32%.
Dated Nov. 1, 1948 and due on
from
1
1950
1955
to
incl.
Certificates maturing in 1955 will
be
callable
Jan.
on
semi-annual
on
1951, and
1,
accrued
interest
interest,
dates
FINANCIAL
CHRONICLE
Monday, November 1,1948
!
Township (P. O. -v^c. v, 168, p. 1632-f-were awarded to
the Wilber National Bank of OheMatawan), N. J. •>?
on
subsequent
or on any
&
Matawan
Sale—The
Bond
\
offered
MISSOURI
Oct.
$35,000 bonds
168, p; 1529—
21—v.
awarded
to
J,
B.
onia,
Co., of Newark, as 2%s, at a
price of J 00.27, a. basis of about
York.
sive.
&
Webster Groves, Mo.
Bond Sale—The $262,000 public
Nov.
1
Nov.
order of the District, is required.
Legality to be approved by Van¬
dewater, Sykes
Heckler, of New
2V2s, at a price of par.
1, 1948 and due on
as
Dated
Hanauer
were
in¬
awarded to J. M. Dain &
Jan.
and
par
interest payment date.
Sale
main
debtedness offered at public auc¬
tion On Oct. 26—v. 168, p. 1739—
were
at
Sept. 1, 1949,
Valley^Minn.
The $11,500
Certificate
r
water
the
to
COMMERCIAL
from
1949
to
inclu¬
1958
Poughk yepsie, N.Y.
/
;
Tilney & Co. of New York,
only other bidder, offered 100.13
Bond
Sale—The $103 000 public
improvement bonds offered Oct.,
for 2.70s. •
improvement bonds goffered Oct, 2.46%. Sale consisted of:
>'->:;;<'■'V' ■ 27—v.
168, p. 1632—were awarded
25—v. 168, p. 1632—were awarded $10,000 series A water bonds.
Due
ra'jvV'Vv-' Herkimer, N. Y. ,,■•>.• ;•. .V,/.. to George B. Gibbons &
to a syndicate composed of A. G.
Co., Inc.,
on Oct. 1 from 1949 to 1968 inBond Offering—Helen F.
Gil¬
and Chas. E. Weigold & Co., both
Edwards
&
elusive.
Sons, of St. Louis,
lette, Village Treasurer, will re¬ of New
York, jointly, as 1.60s, at
Braun, Bosworth & Co., Inc., of
25,000 series B water bonds. Due ceive
sealed
bids
until
2
p.m.
a price of
100.131, a basis of about
on
Toledo,
and
Lucas,
Eisen
&
Oct. 1 from 1949 to 1967
(EST) on Nov. 4 for the purchase
1.576%.
Dated Sept. 15, 1948 and
inclusive.
Waeckerle, of Kansas -City, at a
of $343,000 not to exceed 5%, in¬
due on Sept. 15 from 1949 to 1958
price of 100.11, a basis of about
Ail of the bonds are dated Oct. terest coupon or registered bonds,
inclusive.
Second high bid 100.06
2.19%, as follows: $103,000 2s, due
1,
1948.
Second
high
bid
of divided as follows:
for
on Feb. 1, from 1949 to 1962 inclu¬
1.60s, was made by Bacon,
100.147
for
2%s was made by $300,000 electric system bonds of
'Stevenson & Co. of New York.
sive, and $159,000 2J/4s, due on Eisele &
King, Libaire, Stout 6c
1948.
Dated Oct. 1, 1948. Due
Feb. 1, from 1963 to 1968 inclu¬
Co.
Saratoga (P. O. Schuylerville),
Oct. 1, as follows: $10,000 from
'
•
.
thereafter. Piper, Jaffray & Hop-
—
wood, of Minneapolis, only other
bidder offered to pay 100.164 for
2.40s.
sive.
Shakopee,
Certificate
Dircks,
ceive
(CST)
of
City
bids
A.
will
Recorder,
sealed
F.
—
until
re¬
8
p.m.
Nov. 4 for the purchase
on
$60,000 water mains certificates
indebtedness.
of
1948.
Nov.
Dated
1,
The bonds
1948.
Minn.
Offering
Second
joint account.
Bond
at the
the purchase of
$50,000 permanent
1 v i n g fund
bonds. Dated Nov. 1, 1948. Denom.
$5,000. Due $5,000 on Jan. 1 from
1951
to
1960 incl.
Legality ap¬
proved by Faegre & Benson, of
Minneapolis:.
(Above -: port of the offerings
supersedes *,hat given in v. 168,
p. 17401)
improvement
r e v o
ing
Sale Details—The
fund
to
the
revolv¬
awarded
Oct.
Allison-Williams
Minneapolis, as 23/4s,
ously noted in v. 168,
sold
were
$25,000
improvement
bonds
at
Co.,
8
of
deemed
No.
63
offer at
(EST)
sium
which
1,
authorized
held
was
ceive
"sealed
CCST)
until
bids
8
re¬
p.m.
of $100,000 water works improve¬
ment bonds.
Denomination $1,000.
Due
over a
period of 25
Full
years.
faith and credit bonds, and are to
be sold subject to validation and
approval
Charles
by
Trauer-
&
bonds
offered
1740—were
A deposit of
2% is required with each bid.
No.
1
Bond
(Pt O. Purvis), Miss.
Offering—Sealed bids will
be received
by the County Board
Supervisors until Nov. 1 for
of
the
purchase of $60,000 industrial
building bonds. Issue was au¬
1948
Nu-
Co.
of
Memphis
and
Associates,
previously noted in
Sept. 27, v. 168, p.
as
of
our
issue
1304,
we
term
will
3y2%
the
first
and
year
thereafter to maturity.
In¬
Sept, 1, 1943.
$1,000 and $500.
Due March 1, as follows: $1,000 in
1949 to
1953, $2,000 in 1954 to
1958, and $2,500 in 1959 to 1968.
Principal and interest payable at
terest
M-S.
Delaware
the
Peoples Bank, Ripley.
Le¬
gality approved by
Charles
&
Trauernicht, of St. Louis.
County Separate Road
District
No.
Yazoo
Bond
Sale
Delta
5
(P.
O.
100.33
City), Miss.
purchased
National
and
are
dated
5.000
Sept.
1948 and ma¬
Sept. 1 from 1949
on
to 1958 inclusive.
1,
The bonds
turing from 1950 to 1958
able
in
:}
inverse
;
1
are
numerical
"
.»•
■>'
ma¬
call¬
order,
c
1
'
J
I.v.
dated
New
Nov.
1948,
Ne w
&
p.
and
and
1968
bid
J00.30.
of
made
was
Dated
by
Oct.
11
(EST)
on
of
the
Angola,
Evans
be
bonds
Sale—The
Dist.
Sch.
Sale
—
The
offered
on
1632—were
p.
Prospect
168,
due
composed
Peabody
&
1741—were
p.
of
about
2.69%,
Park
National
as
to
of
Floral
price
basis of about 2.38%,
1, 1948 and due on
a
Nov.
Nov. 1 from 1949 to 1960
Co.
made
a
inclusive.
New
Note
of
be
considered
$444,000
Nov.
notes,
3
on
dated
an
on
the
'
>
i
ki
«* r.
1
r.i
Second
Meredith
-
Oct.
x *
i a
.
mi
Tread well), N:
(P. O.
Y.
.
!
I VI
.
u.-:.:
i •!'
■
>
'
on
Oct.
fied
21—
•'
•
offered
,
•
-
j j
Bank,
check
for,
Vandewater,
Galloway, of
&
City.
168,
the
1633—were
p.
Second
National
March
on
1 from
1950 to
Nov.
1 from
&
Phelps,
jointly, at
Sch.
Central
$360,000
1,
of
Trust
check
for
ih
/'
;
t
; *
and
and
not
to
$400,
A
1961
'■ i
\
1962 to
May
1
1979 inclusive.
inclusive; $20,000 2V2S,
May 1 from 1957 to
inclusive, and $250,000
on
sanitary
•
...
-
V
bonds:
sewer
1
from
to
1962 to
All of the bonds
to
•
inclusive;
on
1961
on May
inclusive;
$14,000 2V2s, due on May 1
from
1957 to 1961 inclusive,
and $126,000 2%s, due on May
•
certi¬
•
to
inclusive,
$270,000 2%s, due on May
from 1951
I
1956
1987 inclusive.
are
dated Nov.
1, 1948.
h:
i A
a
2.725%,
for $12,000 2V2S/ due
s
i
.
b
1956
due
to 1987 inclusive.
152.000
.
'
about
;2?4s; due oh May 1 from 1962
a
payable
York,
100.0012,
1956
due
or
name
of
light bonds; for
due on May,. 1
to
21/2s,
1957
1. from
to
coupon
Byrne
New
294,000 water bonds: for $24,000
2V4s, due on May 1 from;1951
Nov. 4 for
Buffalo.
•
1951
from
Dist.
$20,000
1741-—
'
2J/4s,
from
of Educa¬
on
interest
Co.,
cost of
electric
39,000
1949
of
price
follows-:
as
sealed i-bids
(EST)
2vy%
a
$31,000
Batavia
26—v. 168, p.
Inc.,
net interest
2
purchase
Oct.
N. C.
$806,000 bonds
ties Corp., of Durham, and
of Kid¬
Dated
Nov.
Darien,
a.m.
Sale—The
awarded to the First Securi¬
were
Oct. 27
•
t; '
by
Greenville,
Bond
-
wr D
a
NORTH CAROLINA
able at the Manufacturers & Trad¬
ers
National
certified
to
due
1
single rate of interest, expressed
in a multiple of V4 or 1/10 of 1%.
Prihcipal and interest (M-N) pay¬
Central
First
20—v.
and
Due $4,000 on Nov, 1 from 1949 to
Bond Sale—The $18,000 heating
• ' {■ /
1>.!
16
name
Bank, of Cooperstown, as 2s, at a
price of par. Dated Oct. 20, 1948,
awarded
1953 inclusive.. Bidder to
School District No.
De¬
Sale—The $18,240 high¬
machinery bonds offered on
Oct.
registered school bus bonds. Dated
Nov. 1, 1948. Denomination $4,000.
high
Park.
and
10
exceed
was made by
Bank 6c Trust
plant bonds offered
■'? u > J .1
the
iy2s
National
Floral
Franklin
24,
-
.
inclusive.
First
The is¬
on
on
President of the. Board
until
1948.
Bidder to
Heckler
awarded
Co.,
tion, -will. receive
June 1 from 1949
on
No.
1,
Bond
way
(P. O. Corfu), N. Y.
Bond Offering—T. Andrus Post,
issue
Nov.
previously offered
f
I.
Springfield (P. O. Springfield
Center), N. Y.
inclusive.
Alexander
Y.
Co., of New York, as
price of 100.154, a basis
1.45%.
Dated June 1,
bid of 100.15 for
Jersey
13 and Oct. 21.
>: y..
1953
to
Authority,
1948 and due Nov. 10, 1949.
i
a
about
Co.,
sue was
&
l.V2s, at
Offering—Sealed bids will
of
-1 i
Hall
to
1948 and due
Housing
Park, N.
improvement bonds offered Oct.
28—v, 168, p. 1741—were awarded
by B. J. Van Ingen 6c
Branch
1977
Pembroke,
Sale—The $60,000 general
Bond
Inc.
Long
to
District,
Nov.
approved
New York
is
the
Bank
2.40s, at
1948 and due
payable to order of the
required.
168,
be
$1,575,000
syndicate
bidder. A certified check for $300,
sewer
19—v.
awarded
Prospect Park,
of 100.098.
$36,400
Oct.
A
Sykes,
Goldman,
Sachs 6c Co.,
Estabrook & Co.,
R. W. Pressprich & Co., and G. H,
Walker & Co., all of New York, as
2.70s, at a price of 100.089, a basis
Bank
Benjamin
payable to order of the
District, is required.
Legality to
1.86%.
on
to
der,
O.
Y.
$1,900.
build¬
No.
—v.
a
—
York
New
successful
the
the
(P. O. Orchard Park),
Bond
Legal opinion
Barrett, of Angola,
furnished
,
Masonville,
1953, incl.
building bonds offered
Evans.
of Howard W.
will
National
at
Sidney.
high bid of 100.33 for 2s
made by R. H. Johnson 6c
and Herbert J. Sims & Co.,
i
interest, expressed
in a multiple of V4 or 1/10 of 1%.
Principal and interest (M-S) pay¬
at
able
Free
1949 to 1963 inclusive.
Central
single rate of
able
and
Offering
1958 inclusive.
Aurora, Hamburg,
Elma, West Seneca and Boston
:•
registered building bonds. Dated
Sept. 1, 1948. Denomination $3,000.
Due $3,000 on Sept. 1 from 1949 to
1953 inclusive. Bidder to name a
to
1948
on
single rate of interest, expressed
in a multiple of lA or 1/10 of 1%.
Principal and interest (M-N) pay¬
Buffalo,
about
1.46%.
due
inclusive, and $9,000 from 1954 to
(Con¬
of
1,
Franklin,
Dated
Orchard Park,
Nov.
purchase of $15,000 not
exceed 5% interest coupon or
to
Oct.
and
nomination $1,000.
Due Nov. 1 as
follows: $10,000 from 1949 to 1953
Co.,
jointly.
will receive sealed
a.m.
1
$40,000
of
basis
a
1 from
was
Inabella Fox,
—
Co.,
about
registered bus garage bonds of
1948.
Second
Free School District
Offering
or
and
R. D, White & Co.,. of New. York,
jointly, as 1.90s, at a price of
the
for
9
1948
high
Trust
of
1948
1,
sealed bids until 2 p.m. (EST) on
Nov. 9 for the purchase of $95,000
not to exceed 5% interest coupon'
mature
Union
Co,,
price of
a
Ellis, District Clerk, will receive
1741—were awarded to the Ma¬
rine
basis
a
Nov.
Bond
on
ing bonds offered Oct. 26—v. 168,
Traders
1949 to
15,
se¬
York
Sale—The
lV2s, at
as
School District No. 2 (P.
stituting City Sch. Dist),
Bond
1632—were
p.
Unadilla and Guilford Central
May 10, 1949.
Y.
Fredonia,
100.142,
1633—were
p.
Tonawanda
168,
Nov. 1 from 1949 to 1955 inclusive.
of New
10,
$7,000 munici¬
bonds offered
on
22—v.
Dated
1.13%;" and
North
Cross, of New York.
District CJerk,
structures.
i
'ill'
made
Co.,
$13,817,000
Y.
Sale—The
Sidney), N.
,
Bond
Bank
ture
from
(P. O. Derby), N. Y.
bids until
the
the
of
Yazoo
City,
both
of
Yazoo City, jointly, as 21/2s at a
price of 100.502—v. 168, p. 1632
Bank,
6
Bond
Township (P. O.
Rahway), N. J.
was
by
2V2S
&
Union
No.
Au¬
intended
Oct.
Second
for
Evans
•Second high bid of 100.15 for 21/2s
Details—The $50,000
bonds
road
the
also
Port
Dated
Oct. 15 from
on
Roosevelt
Clark
Dated
Yazoo
River
which
purchase
1
was
&
zmillus, N.
inclusive.
bill creating
a
Baffin
Manufacturers
2.45%.
Dated
Denominations
1,
building bonds offered Oct.
168, p. 1741—were awarded
due
used
Jersey had signed
thority
for
Nov,
on
for 1.90s
Vil¬
notes offered
of
by
Trust
Co,, Saratoga
• v-;-;J,v.
Sherman, N.
.
bid
made
was
awarded to the Citizens Trust
of
follows:
as
high
jy4s
building
Oct.
$6,000,000 to
York, at a
$7,817,000 to
Salomon Bros. & Hutzler, of New
York, on the following interest
rate
basis:
$1,817,000 at 1.16%,
plus $19 premium; $3,000,000 at
1.17%, plus $31, and $2,771,000 at
1.18%, plus $30.40. The notes are
Co., of Buffalo, as 2*/2s, at a
price of 100.421, a basis of about
acquisition of the
bridges, it developed that Gov¬
ernor Alfred
E. Driscoll of New
at
4V2%
mature
Nov.
the
pal
York
168,
Bros,
of
rate
Trust
Commission's
the
dated
22—v.
Lehman
on
the
bonds,
be
V
Bond
Legality to be
No. XXXVI
Bond Sale—The $50,000 munici¬
pal
Jersey
Second
for
•Springs.
Bank,
Aug. 1, 1948 and'
from 1949 to 1957'
1
Adirondack
Vandewater, Sykes,
Galloway of New
Sale—The
awarded
26—v.
Bond Sale—A syndicate headed
by Ketcham & Nongard, of Chi¬
cago, has agreed to purchase an
issue of $12,400,000 3% and 3"%%
learn that the bonds bear interest
sewer
are
of
School District No.
Burlington County Bridge Com¬
mission (P. O. Mount Holly),
and
100.188
Sidney,
Oct.
NEW YORK
,
Saunders &
and
C
proceeds
by the
thorized at an election on Oct. 5. newly-created Bridge Commission
to pay for its acquisition of the
Ripley Municipal Separate School
privately-owned Tacony-Palmyra
District, Miss.
and
Burlington-Bristol
bridges
Bond Sale Details—In connec¬
spanning the Delaware River. Co¬
tion with the sale of the $40,000 incident
with disclosure of the
school bonds to M. A.
bonds
Roland,
by
NEW JERSEY
Dated
Aug.
on
inclusive.
to
York City Housing Authority,
ries
bonds.
sewer
order
New
York.
to
which
New
bonds.
sewer
B
bid of 100.076
Second high bid of
100.30nfor 3V4s was made by Stern
Bros. & Co., Kansas City.
of
due
interest,
National
26--
Co., ol Buffalo,'as 2.20s, at
price of 100.02, a basis of about
York.
$172,000 airport
1949 to 1960 inclusive. Second high
25—v. 168, p.
1967 inclusive.
New
First
by
&
Heckler,
Van
street
of about 3.21%. Dated Oct.
1, 1948
and due on Oct. 1 from 1949 to
serial
J.
second series of 1948.
Co., of Chicago, and BoettCo., oi Denver, jointly, as
3%s, at a price of 100.359, a basis
Lamar County Supervisors Dist.
B.
to
approved
Oct.
John
the
at
lage, is required.
1740
p.
bonds. /
improvement
bonds, series of 1948.
4,000 sewer
assessment bonds,
The
to
Bidder
of
con¬
Oct.
p.
2.194%.
multiple of */4 or 1/10
Principal and interest pay¬
Note
137.000
cher &
nicht, of St. Louis, and in accord¬
ance
with Chapter 325, Laws of
Mississippi of 1946.
about
24,000 series C
election
&
veen
168,
of New York, as
price of 100.109, a basis
1.888%.
Sale consisted
15,000 series
Oct. 5.
awarded
rate
$18,000
offered
Trust
a
inclusive,
1,000.
single
name
payable to the
Co.,
a
$55,000 series A
bonds
Nevada
Bond Sale—The
L.
Nov. 2 for the purchase
on
the
at
on
certified
of:
NEVADA
.
Carothers, Town Clerk, will
of
County (P. O. Las Vegas),
•-
Leona
The
&
1.90s, at
a.m.
bonds
1741—were awarded to
Manufacturers
6c
Traders
the
to be in the
J.
N.
Oct. 28—v.
awarded
Ingen
a
Clark
,
1954.
A
Denomination
to
Sale—The $235,000 bonds
on
—were
Nov. 5, $35,000 gymna¬
Dated Jan. 1, 1949,
on
1955
168,
v.
the
offered
bonds.
optional Jan.
Palisades.
Paterson,
Western),
public auction at 10
struction
$950, payable to order, Herkimer. Said bonds will be de¬
Borough, is required. Le¬ livered at New York, N. Y., or at
gality to be approved by Hawkins, such other place as may be
agreed
Delafield & Wood, of New York with the
purchaser about Nov. 22,
City.
1948.
A certified check for
$6,860,
School District
(P. O.
to
Sale—The
for
of
Nebraska
were
Batesville, Miss.
able
check
redemption
Offering—Mrs. J. L. Barta,
Secretary Board of Education, will
previ¬
Offering—Mrs.
of
Bond
Saline County
1631—
MISSISSIPPI
Bond
Bank
principal office of
Guaranty Trust Co. of New York.
p.
a
of 1%.
(J-D)
the
at
•/ Bond
,
follows:
as
to 1958
Dec. 1, 1948 through the sink¬
ing fund at 102% and accrued in¬
terest.
The bonds will be re¬
as
price of 100.252,
basis of about 2.70%.
-
for
194.9
York
New
and
1969 in-
$5,000 from 1956 to 1958
inclusive. Interest(J-J.)
1948. One bond for
$3,500 in 1949; $4,1950, and $5,000 from 1951
incl. Principal and interest
payable at the National
1,
Bond
Starbuck, Minn.
Bond
called
Dec. 1,
000 in
on
_
permanent
been
inclusive,
1952 to
and
$500, others $1,000 each. Due Dec;
bridge revenue bonds due
June 1, 1949 through June
1, 1956
are
being notified that $17,000
principal amount of these bonds
have
from
registered improvement bonds.
Dated
ing
time for
same
Nov. 9
not to
County, Neb.
Call—-Holders of refund¬
B<md
from
Offering—Mary E. McGee,
C
'elusive.
Interest (A-O).
Clerk,
will
receive
43,000 general hospital bonds of
bids until 8 p.m. (EST) on
1948.
Dated
for the purchase of $47,500
July
15,
1948.
Due July 15, as follows: $4,000
exceed 6% interest coupon
sealed
.
Dakota
1951
to
$15 000
Borough
NEBRASKA
Offering—Sealed bids will
be received
.
1949
Palisades Park, N. J.
Bond
or
Denom.
$1,000. Due Jan. 1,
as
follows:
$5,000 from 1951 to
1960
incl., and $10,000 in 1961.
Legality approved by Faegre &
Benson, of Minneapolis.
dated Nov. 1,
are
high bid of 100.004
$76,000 2s and $186,000 2V4s,
was made
by Blewer, Heitner &
Glynn, and the City National Bank
& Trust Co,, of Kansas City, in
for
i
;
.
;>
i
.1.
;
-
1.'
'J.
■
-
■
.
a a
»../
.
-
Volume
168
North
•
Number 4747
"
Carolina
(State
THE
of)
looking to' the issuance
i
its
16th
annual
meeting
at
at
attended, during the- course of
which the financial condition and
credit ratings of the State's vari¬
local
were
political
thorized
subdivisions
will
of
the
Board
bonds
are
the
$752,000 issue
au¬
at
the
general
Board. Enclose
election
bond
a
to
or
'
.
of
each
for
request
of
issue
and
the
be
may
owner.
at
for
1%
of
the
issue,
V
Principal
bonds
payable
bid
to
for
the
3.14%,
States
will
5
receive
sealed
(PST)
p.m.
bids
Nov.
on
3
purchase of $5,000 not to
of
of
the
bonds
Marys, Pa.
*
sealed bids until 5 p.m.
(EST)
Nov. 12 for the purchase of
on
$15,-
000
2V4%
sanitary
sewage
sys¬
tem
extension bonds. Dated Nov,
1, 1948. Denom. $500. Due
serially
over a
period of 10 years.
the
exceed
6% interest water system bonds
Dated Nov. 1, 1948.
Denom. $500.
Due $500 on Jan. 1 from 1950
to
1959 incl.
Principal and interest
Com¬
all
Offering—L. E. Whitman,
Borough Treasurer, will receive
until
for
than
Bond
Moro, Ore.
Offering—The City Clerk
Bond
less
St.
made by
Bank
was
National
the
cashier's check
or
United
of Portland.
as
City. En¬
certified
a
high bid of 100.06 for $90,000
$60,000 3Vis, a net interest
the
for
or
55
will be accepted.
Enclose a certified check for
$5,000, payable to
the District Treasurer.
3s and
and interest at the Chemical
Bank
& Trust Co., New York
close
,lfi47l
cost of about
ex¬
registered
interest
ond
The
expense.
bonds
principal
each
Canton, Ohio
S. Arnold,
bonds
changed
4, 1947. The printed bonds
furnished at the expense
be
said
whose opinion as
of the bonds
may be procured at
the"'purchaser's
.
Dec. 1 from 1953 to 1965
inclusive,
and $30,000
314s, due on Dec. 1
from 1966 to 1969
inclusive. Sec-
attorney
to the legality
of
certified check for $4,500, payable
to the Clerk-Treasurer.
1
institutions
year were: Hazen
Nov.
on
representing 14 States. Elected to
the board of directors for the en¬
suing
.of
expense
Education./These
explained and discussed. At¬
the conference were in¬
dealers and
the
aalance of the
tending
vestment
these
Dempsey, of-Cleveland, whose ap¬
proving opinion will be furnished
Grove Park Inn, at
Asheville, on
Oct. 14-15.
The meeting was well
ous
of
CHRONICLE
proper authorization of the bonds
bonds have' been taken under the: of
each issue will be taken under
supervision of Squire, Sartders & the direction
of a bond
:
Municipal Council Meets—The
North Carolina Municipal Council
held
COMMERCIAL & FINANCIAL
Upland School District, Pa.
Bond Sale—The issue of
missioner of the Treasury.
$55,000
Braun, Bosworth & Co., To¬
Bond Sale—The
$14,000 general
garbage collecting equipment
ledo, Chairman; E. B. Wulbern, of
obligation bonds offered Oct. 26—
OKLAHOMA
bonds offered Oct. 21 was awarded
R. S. Dickson and
Co., Charlotte, to McDonald
(M-N) payable at the City Treas¬ v. 168, p. 1634—were awarded to
& Co. of
Blaine County (P. O.
Cleveland,
Vice-Chairman; T. B. Johnson, Jr., as
urer's office.
Legality to be ap¬ Fauset, Steele &. Co., of Pitts¬
IV2S, at a price of 100.563, a
:
Breed &
Watonga), Okla.
Harrison, Inc., Cincin¬ oasis
proved
by Winfree, McCulloch, burgh, as 2 Vis, at a price of 100.51,
of
about- 1.35%.
Second
Bond Sale Details—The
nati, Secretary; Harry B.
a
basis
of
about 2.17%.
Niehoff, high bid of 100.172 for
$100,- Shuler & Sayre, of Portland.
Dated
lV2s was 000
Weil, Roth & Irving Co., Cincin¬
Nov. 1, 1948 and due
county separate school -im¬
$1,000 on
made by Ryan, Sutherland & Co.
nati; McDaniel Lewis, of McDaniel
Ontario, Ore.
provement
bonds
Nov. 1 from 1949 to 1962 incl.
recently pur¬
■
of Toledo.
'
•
1
Bond Sale—The
Lewis
&
chased by the First National Bank
$100,000 swim¬
Co., Greensboro, and
ming pool bonds offered Oct. 22
Charles R.
& Trust Co. of Oklahoma
RHODE ISLAND
Holgate Local Sch. : Dist., Ohio'
Vance, of Vance Se¬
City at
—v.
curities Corp.,
a
net interest cost of
168, p, 1634—were awarded to
Bond Sale—The
Greensboro. Offi¬
$38,000 build¬
1.85%, as
North Kingstown, R.
I.
the First National
cers
reelected were: W. ; Kelvin ing borids offered on Oct. 23—v. previously noted in v.
Bank, of Port¬
168, p. 395,
Bond Sale—The
$100,000 series
Gray, of Raleigh, President; W. 168, p. 1633—were awarded to the were sold at par as follows: $20,- land, at a price of 100.03, a net C water bonds
offered Oct. 25—
interest ccst of about
Herbert Jackson, of
3.39%, as v. 168, p. 1634—were
Raleigh. Vice- Holgate State Bank, as l3,4s. Dated 000 2V4S, maturing $10,000 in 1951
awarded to
President, and T. B. Johnson, Jr., Oct. 1, 1948 and due semi-annually and 1952; $30,000 IV2S,' maturing follows: $58,000 3V4s, due on Jan. Harriman
Ripley & Co., Inc., New
1 from 1953 to 1962
on April 1 and Oct. 1
Secretary-Treasurer."
r
inclusive, and York, as 2V2s, at a
from 1949 $10,000 in 1953 to 1955; $30,000
price of 101.John Nuvecn, Jr., of John Nu- to 1953 inclusive:
l%s, maturing $10,000 in 1956 to $42,000 3V2S, due on Jan. 1 from 637, a basis of about
2.33%. Dated
veen
& .Co.,. Chicago, who has
1958; and $35,000 2s, maturing 1963 to 1969 inclusive. The bonds Sept. 1, 1948 and
due $5,000 on
Lockland, Ohio v//
uir.o
ioro
are
elated Jan., 1,
; <cin nnn
served as Chairman of the Coun¬
1949.
Second
Bond Sale
The $25,000 water¬
cil for
high bid of par for $58,000 3Vfe's 1 Sept. 1 from 1951 to 1970 incl.
16
years, was made an
Second high bid of
101.184 for
works, park and playground bonds
.;■/ land $42,000 3V4s was made by
honorary member of the Board.
2V2S was made by Brown, Lisle &
offered Oct. 25—v.
168, p. 1633—
Mr. Nuveen is now in Greece as
Davis, Okla.
Blyth & Co., Inc., and the United Marshall.
were awarded to
Bond Offering
VanLahr, .Doll
Chairman of the Emonomic Co¬
Fay L. Crossett, States National Bank, of Port¬
&
Isphorqing, of Cincinnati, as Town Clerk, will receive sealed land, in joint account.
operation A d ministration Commit¬
TENNESSEE
2s, at a price of 100.21 a basis of bids until 7:30
tee to that
k«p.m.
(CST) on
country.
about 1.96%.
Dated Nov. 1, 1943 Nov. 1 for the
PENNSYLVANIA
Decherd, Tenn.
7
The
council
purchase of $10,000
consists of more
and due on Nov.
Bond Offering—Frank HickerI, from 1950 to fire department equipment bonds.
than 50 members and
customarily 1959.- inclusive.
Clairton, Pa.
Second high bid The issue was authorized at
son, City Attorney, announces that
meets : each
an
October
Bond Sale—An issue of
at
Grove of
$150,000 sealed
100.55 for 2V4S was made
bids will be received until
Park Inn.
by election on Oct. 12.
1
general
*
obligation
bonds
was
W. E. Button & Co.
11 a.m. (EST) on Nov. 15
for the
awarded on Oct. 27 to a
i;
group
ir
Roxboro, N. C. %•/;•
Dist. No. 13 i
purchase/of
$30,000
street
Lucas County (P. O.
im¬
composed of
Stroud ; &
Toledo),
Bond Sale
Co., of
The $10,000 fire
(P. O. Tulsa), Okla.
provement bonds. Denom.
$1,000,
•;
Ohio
Philadelphia, S. K. Cunningham
Bond Sale—The issue of
fighting equipment bonds offered
Due $2,000
$60,000 ^ Co., and
Note Sale—The
annually.
$660,000 county
George G. Applegate,
on
Get. 26—v. 168, p. 1742—were
building and furniture bonds was both
home tax
oi
Knox County (P. O.
anticipation notes of¬ awarded
Pittsburgh, as 2 Vis, at a
awarded to Griffin &
to
the
Knoxville),*■
Small-Milburn
Vaden, Inc.
of
,
-
-
.
,
,
Sn'inhQfii
—
'
■
■,
.
,
-
•
,
.
>
,
—
.
fered
of
Raleigh,,
100.30.
Dated
Nov.
Nov.
1
sive.
for
1,
from
bid
by
^
due
1957
the
100.25
Due
to
bid
made
1952
of
by
$5,000 munici¬
Bainbridge,
100.02
Oct.
Co.,
about
1948
and
composed
Sale—The issue
1530—was
p.
on
South
Bond
awarded
Offering
to
basis
a
price of
1.89%.
1948
and
due
from
1949
to
ond
made
100.317,
Dated
$1,700
1953
a
Nov.
as
$1,000 each.
1950
1,
Nov.
on
1
inclusive. Sec¬
Cleveland,
of 'Bellaire.
Bond
will
Bond
Offering—John M. Roper,
the Board of Education,
of
receive
sealed
-
bids
until
noon
(EST) on Nov. 15 for the
purchase of $334,000 3% building
and
improvement
Dec.
15,
1948.
bonds.
for
in
interest in mul¬
tiples of V4 of 1%. The bonds
be
sold
to
the
will
highest bidder of¬
fering the lowest interest
not less than par and
rate
at
accrued in¬
terest. Principal and interest
pay¬
able at the office of the
legal
depositary, presently the Dollar
-Savings & Trust Co., Youngstown,
and
are
supported by an unlimited
tax. Award of said bonds will be
made
of
at
a
meeting of the Board
Education
to
be
held
p.m. on said date. The
at
7:30
proceedings
and
$lO,00Q
Columbia j- County
an>
Union
High
93.000
$283,000
street
as
3%
follows:
improvement
Due $38,000 on
Dec. 1
1,950 to 1954 inclusive.
improvement bonds.
1, as follows:
$19,000 in 1950, $18,000 in
1951, $19,000 in 1952, $18,000
in 1953, and
$19,000 in 1954.
V
Dated
tion
a
Klein,
sewer
Due
;
of
Dec.
$1,000.
different
multiples
Dec.
on
of
000
not
called
1,
trict
If
in
bids
received based upon a
differ¬
ent rate of interest
than specified
above, the bonds will be awarded
to the highest"
responsible bidder
offering not less than par and ac¬
crued
interest
lowest
rate
of
based
upon
the
No
bids
interest.
par
and
accrued
in¬
terest to the date of
delivery will
be considered. Bonds
will be de¬
livered to the purchaser at
All
Toledo.
proceedings
This action
incident
returned
was
occa¬
to
the
prop¬
$1,000.
Due
Nov.
1,
incl., and
Principal and in¬
terest
(M-N) payable at the City
Treasurer's office. These bonds are
part of the total authorized
of
July 14, 1947. A certified
for
be
check
date
accrued
Bond
Pass,
eral
obligation
Oct.
26—v.
awarded
Inc.,
as
1948
$75,000 water
offered on Oct. 25
awarded to the United States
both of
Bank, and Blyth & Co.,
Portland,
No. 7 (P. O. Grants
Pass), Ore.
Bond Sale—The
$150,000 school
bonds
offered
Oct.
25
were
awarded to the United
States Na¬
tional
Bank, of Portland, at a
price of par, a net interest cost of
about
3.09%,
1952
due
on
as
Dec.
follows:
1
from
inclusive; $97,500 3s,
$22,500
1950
to
due
on
sealed
bids until
10:30
a.m.
(EST) on Nov. 29 for the purchase of $2,000,000 not to exceed
-6% interest coupon rural school
bonds.
Dated
Nov. 1, 1948. In¬
Denomination $1,000,
terest M-N.
to
168,
offered
1634
p.
gen¬
on
—were
Halsey, Stuart & Co.
1
at
a
lV^s
made by G. C. Haas &
payment
at
$225,000
bonds
interest
41,
Nov. 1 from 1949 to 1957 incl. Sec¬
ond high bid of 101.07 for
and
par
date
thereafter,
accrued
interest
to
date of
redemption. Coupon rates
shall be in multiples of
V74 of 1%,.
and no bidder shall name
than three interest rates
and
one
in any one
more
only
year. Bonds will
be awarded to the best
responsible
bidder and no bid shall be
con¬
sidered
at
less than par.
Principal
interest payable at the Chem¬
ical
Co.
and
Bank & Trust
Co., New York
Ross
Township School District :i City. The bonds are being issued
under authority of
(P. O. West View, Pittsburghi
Chapter 60 of
the
29), Pa.
Nov.
1
000
coupon
for the
bonds.
purchase of $250,-
general
Dated
nomination $1,000.
follows: $9,000
in
and
obligation
1, 1948.
De¬
Nov.
Due Nov. 1, as
1949
to
$8,000 in 1959 to 1978.
1958,
Prin¬
cipal
Co., Pittsburgh.;. The bidder will
give the rate of interest which
desires
to
bid, which interest,
prin¬
The principal and in¬
payable without deduc¬
are
tion for any taxes
except gift, suc¬
cession or inheritance taxes levied
pursuant to any present
law
the
of
of
the
proval
of
The
the
sale
of
Internal
Affairs,
and
the purchaser will be
fur¬
nished with the
approving opinion
of Burgwin, Churchill &
Ruffin,
of
Pittsburgh, free of charge. The
District
the
will
successful
pay
no
bidder
interest
on
posit made when the bids
ceived.
Acts of the
the
are
to
de¬
re¬
The bonds will be sold to
the highest bidder and no bids for
less than par and accrued interest
of
the
Gen¬
State,
as
amended, and embodied in Sec¬
tions 2557 to 2569,
inclusive, of the
1932 Code of the
State, as amend¬
ed,
and
ad
payable
valorem
from
taxes
unlimited
levied
on
taxable
property
within
the County, lying outside the
all
the
cor¬
porate limits of the City of Knox*
ville.
Section
1087 of the
1932
Code
of
neither
the
the
State
of
these
taxed
by
the
County
provides
principal
terest
nor
bonds
State
the
shall
or
by
that
in¬
be
any
or
municipality thereof.
County will furnish without
The
cost
the
approving opinion of
Chapman & Cutler, of Chicago, as
well as the
completed bonds. En¬
.
close
of
certified
a
the
face
value
check
of
for
the
2%
bonds,
payable to the County.
Madison
County (P.
Jackson), Tenn.
ap¬
proceedings by the
of
Public
Assembly
the
subject to the
be
Department
The
eral
for the printing
pay
bonds.
will
future
or
Commonwealth.
District will
1911
.
Bond Offering—Esther S.
Hopf,
District
Secretary, will receive
sealed bids until 4
pmi. (EST) on
bonds
Josephine County School District
3 %s,
par
price of 100.079,
a
basis of about 1.235%.
Dated
Nov. 1, 1948 and due
$25,000 on
terest
Ore.
Sale—The
of
at
Legality to
however, must be in multiples of
by Winfree, McCul¬ V4 of 1%.
Registered as to
Grants
ceive
1964.
the
Pa.
Sale—The
loch, Shuler & Sayre, of. Portland. cipal only.
bonds
thereafter
interest'to
Lancaster,
Bond
he
$1,000 is required.
approved
1950 to
and interest payable at the
issue; Mellon National Bank
&
Trust
$50,000 approved at the election
on
Interest M-N.
1,
redemption
was
follows:
as
to 1958,
Offering — C. Howard
Bozeman, County Judge, will re¬
date Due $100,000 Nov. 1, 1949 to 1968.
upon 30 days' noBonds maturing in 1959 to 1968
Legality approved by Burg- shall be callable in inverse nuwin. Churchill &
Ruffin, of Pitts- ' mericaPorder at the option of the
burgh.
County on Nov. 1, 1958, or on any
Estacada, Ore. •
.7.-..
Bond Offering—Mable
Hughes,
City Recorder, will receive sealed
bids until 8 p.m.
(PST) on Nov. 1
for the purchase of
$35,000 not to
exceed 5% interest water bonds.
Dated Nov.
1948. Denomination
Bond
De¬
inverse numerical order
Nov. 1, 1950, or on
any interest
of
//
National
interest
1%.
bids
T enn.
about
tice.
1633—was
the bonds will be
re-offered.
rate
of
the
p.
erty to Union High School Dis¬
trict NO. 5 was invalid.
A new
election will be
held, after which
were
1/4
and
168,
providing for sale of
1948. Denomina¬
Bidders may bid for
of
to
Off
Canceled—The
Oct. 18 of $255,exceed
6%
interest
on
school bondsr—v.
are
for less than
Offering
scheduled sale
of
1, 1948.
bonds in
on
payment
School District No. 5
(P. O.
basis
a
Nov.
city reserves the right to call
redemption any or all of said
and
$5,000 in 1959.
will receive sealed
(EST) on Nov. 16
bonds, divided
from
1967
different rate of
from
noon
bonds.
1961, $15,000 in
1965, $16,000 in 1966, $15,to 1970, and
$16,000
1971. Bidders may bid for a
in
-
OREGON
$3,000 from 1949
Rudy
—
purchase
$190,000
1962 to
000
the
coupon
Dated
J-D. Due Dec. 15, as fol¬
lows: $15,000 in 1950 to
1955, $16,000 in
1956, $15,000 in 1957 to
in
1
Principal
h'1-?/
;
City Auditor,
Denom. $1,000. In¬
$16,000
v
Ottering
bids until
terest
1960,
Nov.
on
inch
Toledo, Ohio
■
Clerk
Due
1969
(M-N)
payable at the
Lorain County
Savings Trust Co.,
South Amherst.
Legality approved
by Squire, Sanders & Dempsey, of
Campbell City School District,
7/.;_- ■ /■:
Ohio
-
to
interest
high bid of par for 2s was
by the Farmers & Merchants
National Bank,
bonds- mature
unopened.
Sept. 1,:
$500, others
J,
The
for
sioned by the fact that the elec¬
tion held by the old school dis¬
provement bonds/ Dated
1948. One bond for
2s, at
»'i
A.
Benny Lupe,
—
168, p. 1530—were awarded
A. Vhite & Co., of
•'
J.
Amherst, Ohio
Bond Sale—The
$8,500 improve¬
ment
bonds offered
Oct.
20—v.
*.
to
Village Clerk, will receive sealed
bids until 7 p.m.
(EST) on Nov. 8
the purchase of
$70,500 not to
exceed
6%
interest
street
im¬
City School District, Ohio
about
a
dually from 1951 to 1956 inclusive.
Bond
of
for
of
The
-
101.09,
Dated
nomination $1 000.
Due $10,000 Nov.
Edwards, Inc.,
bidder,- offered
of
1.70%.
2.06% basis.
of
White & Co., of Cincinnati.
1950 to 1974 inclusive.
Cincinnati,
R. J.
high
was
$5,000
street
and
sewer
improvement
bonds offered on Oct.
23—v. 168.
of
Only other .bid, of 100.74 for 6s,
was made
by J. A. White & Co. of
Cincinnati.
Bellaire
second
Clatskanie), Ore.
2.49%.
due
group
"Second
13/4S
about 2.05%.
Rittman, Ohio
Bond
price of
a
of
1,
Oct. 1 from
&
2V2S, at
as
basis
a
Dated
Brown
for
price
Co,, of Oklahoma City, on a bid
reflecting a net interest cost of
3raun,
Bosworth
&
Co.,
Inc.,
Stranahan, Harris & Co., Inc., and
Ryan, Sutherland & Co.
pal building bonds offered Oct. 14
168, p. 1411—were awarded
Rockhold,
inclusive.
100.17
a
-—v.
to
Dated Nov. 15, 1948.
May 15 and Nov. 15 from
1949
Bainbridge, Ohio
Sale—The
on
high
■
OHIO
Bond
a
Oct. 22—v. 168, p. 1633—
to the First Cleve¬
about 1.47%.
Peoples
%
Corp. of Cleveland, as IV2S,
price of 100.06, a basis of
at
inclu¬
of
awarded
land
on
on
were
of
1.94%
and
to
high
Bank, Roxboro.
price
a
about
1948
made
was
at
of
1949
Second
2s
2s,
as
basis
a
Bond
O.
Sale—The
$500,000 high¬
bonds offered at public auc*
way
tion
Oct.
on
were
22—v.
purchased
by
168.
a
p.
1531—
group
com¬
posed of the First National
Bank,
of Memphis, Trust Co. of
Georgia,
of
Atlanta, and the Provident Sav¬
ings Bank & Trust Co., of Cin¬
cinnati,
99,505.
Dated
000
on
2V2S, at a price of
of about
2.57%.
1, 1948 and due $100,Oct. 1 in 1952. 1957. 1959,
as
a
.
basis
Oct.
1960 and
1961.
Runner-up in the
,
&
COMMERCIAL
-
Lidding
account composed
Trust & Savings
was an
of
Harris
the
Bank,
Chicago,
of
tral
Sparta, Tenn,.
v
—
Ray Cowden,
"Town
receive
will
Recorder,
sealed bids until 2 p.m.
(CST) on
Nov. 16 for the purchase of $100,€00 not to exceed 4% int. street
right-of-way bonds.
1948. Interest M-S.
Denomination $1,000.
Due Sept.
and
bridge
Dated Sept. 1,
1, as follows: $2,000 in 1951 to
1965, $5,000 in 1966 and 1967, and
$15,000 in 1968 to 1971. Principal
and interest payable at the Third
National Bank, Nashville.
Bid¬
ders to name the rate of interest
of 1%, with no
in multiples of
rates for the
two
than
more
en¬
tire issue and not more than one
maturity/. The bonds
rate for any
\vill
be sold at
and
accrued
not less than par
interest. ; General
obligations of the Town, payable
from unlimited ad valorem taxes
levied on all taxable property in
the Town.
Said bonds are being
subject
issued
favorable
Cut¬
the
to
Segal opinion of Chapman &
has
bonds
purchased by Rauscher/
& Co., of San Antonio, at
been
Pierce
1972,
offered
construction, replacement
or
for improvements useful and
required in the operation of the
J/2% of such principal sum
Oct.
of
purposes
-if redeemed
before Oct. I,
if redeemed thereafter but on or
before
for
herein*
sum
on or
principal
thereafter but
1,
without
1976, .but
major
system: or
extension
necessary
provided in the bond
After notification of
1948.
Second high bid of 100.64 for the award to the successful bid¬
Legality
approved
by Dumas,
Denomination
$1,000.
Interest 2.90s was made by a syndicate der, the Authority will deliver to
Huguenin & Boothman, of Dallas.
M-N.
Due Nov. 1, as follows: composed of B. J. Van Ingen & the Trustee for authentication the
The bonds were authorized at an
$2,000 in 1949 to 1953, $3,000 in Co., Inc., F. W. Craigie & Co., printed bonds with all interest
election on Aug. 17. 1
Goodwyn & Olds, C. F. Cassell & coupons attached, and when said
1954 to 1963, and $4,000 in 1964
and
the
Peoples / National bonds have been authenticated the
Fabens Independent Sch. Dist.,
to 1968.
All of said bonds matur¬ Co.
Texas
Bank of Charlottesville.
: / Authority will authorize and di¬
ing irr 1959 to 1968, are optional
rect said Trustee to deliver said
Bond
Offering —T. A. Pollan, on and after Nov. 1, 1958, at par
Princess Anne County (P. O.
bonds
to
the successful
bidder
Superintendent of Schools, will and accrued interest.
Principal
Princess Anne), Va.
receive sealed bids until 7:30 p.m. and interest payable at the Mer¬
currently
with receipt by the
Bond Sale—The $425,000 bonds
Trustee for the Authority of the
(CST) on Nov. 15, for the pur¬ cantile
National
Bank,
Dallas. offered Oct. 25—v. 168, p. 1532—
full purchase price therefor. The
chase of $115,000 not to exceed 4% Said bonds are part of a total issue
were
awarded to a group com¬
successful bidder will then be reinterest school house bonds. Dated of $75,000 and will constitute spe¬
posed of Scott, Horner & Mason,
Dec. 10, 1948.
Denomination $1,- cial obligations of the entire City, of Lynchburg, Peoples National 'quired to accept delivery of said
000. Due Dec. 10, as follows: $2,payable from and secured by an Bank, and C. F. Cassell & Co., bonds. /The bonds will be printed
000 from 1949 to 1953, incl.; $3,000 exclusive first lien cn and pledge
at the expense of the Authority.
both of Charlottesville, as 2%s,
The unqualified approving opin¬
from 1954 to 1963, incl.; $5,000 in of the net revenues of the Gas and
at a price of 100.149r a basis of
1964 and 1965; $4,000 from 1966 to Water
ions of Chapman & Cutler of Chi¬
System.
Proceeds .from about 2.73%: Sale consisted of:
1968, Inch; i':. $5,000 from ■ 1969 to these bonds are to be used to pur¬
cago, Pebbles & Kuykendall; of
$325,000 Kempsville Magisterial
1973, inch; $6,000 in 1974 and 1975; chase the gas system which now
Olympia, and the Attorney-Gen¬
District bonds. Due on Nov. 1
eral of the State
will be fur¬
$5,000 in 1976; $6,000 in 1977, and serves the City, and for improve¬
from 1949 to 1968 incl.
nished at the time of delivery of
$5,000 in 1978. Alternate propo¬ ments to the present municipally
100,000 Pungo Magisterial Dis¬ the bonds without charge to the
sals will be considered with 10- owned water system. Legality ap¬
trict bonds: Due on Nov. I
successful bidder, together with a
year option of redemption.
The proved by Gibson & Gibson, of
from 1949 to 1973 incl.
*
District prefers to issue optional Austin.
transcript of all proceedings
All of the bonds are dated Nov. the
bonds.
Principal
and
interest
Authority, on which said opin¬
Monahans,' Texas
1, 1948. Second high bid of 100.133 ions are based. f\yf /'
(J-D) payable at the First Na¬
Bonds Sold
The Columbian
for $325,000 23/4s and $100,000 3s
tional Bank, Fabens. Rate or rates
was
made by an account com¬
Wenatchee, Wash.
of interest to be in a multiple of Securities Corp. of Texas, of San
Bond Sale—The $200,000 water
$50,000 posed of F. W. Craigie & Co.,
% of 1%.
A certified check for Antonio, has purchased
street improvement bonds, divided
R.
S. Dickson &
Co., and the revenue bonds offered Oct. 25
$2,300, payable to the District, is
price of par, subject to outcome
of an election to be held shortly.
The bonds are dated Nov. 1, 1948.
a
price
Dallas, as 0V4S and 3s, at a
of 100.017.
Dated Sept. 15,
Offering
Bond
4% water and gas revenue
improvement bonds
purchased by the Cen¬
Investment Co. of Texas, of
been
has
Bradford & Co., whose final
was 99.50 for 2V2S.
/
such
Melvin, Texas*-
,
Bonds Sold—An isue of $60,000
.
works
water
J. C.
offer
and
Coleman, Texas '
issue of $100,000
v
Bond Sold—An
Monday> November 1, 1948
FINANCIAL CHRONICLE
premium if redeemed after Oct. 1,
thereof,
1976.
resolution.
as
...
.
ler, of Chicago, which opinion to¬
gether with the completed bonds
will be supplied without expense
to-the purchaser. Enclose a cer¬
tified check for $2,000, payable
—
Legality to be approved as follows:
recognized market attor¬ $20,000 3%% bonds.
Due $2,000
on Sept. 1 from
selected by the purchaser.
1949 to 1958
required.
to the Town Treasurer,
by some
TEXAS
ney
County A. & Id.
Brazos
(P. O. College
Station),
Texas
,
Sale
Bond
*
Oct, 26—v.
syndic
posals with 10-year option of prior
redemption. Rate or rates of in¬
terest named by the bidder to be
In the multiple of Vs of 1%. Prin¬
Pierce
&
Burns
&
of
furnish
will
District
The
1948.
bonds and a copy
of
the proceedings,
A certified
check for $2,500, payable to the
District, is required. Legality to
be approved by some recognized
attorney
selected
by the
pur¬
Chicago,
chasers.
'./V;/''
.
DIVIDEND NOTICES
BUCKEYE PIPE LINE
COMPANY
STREET
''
///'//.V.
30
BROAD
of
Directors of this Company has
New
The
Board
York, October 28,
1948.
declared a dividend of Twenty (20c)
Cents
per
share on the outstanding capital
stock,
payable December
15, 1948 to share¬
holders
of
record
at
the
close of business
JNovember 19,
1948.
' v\:
C. O.
BELL, Secretary.
this
day
Co., of Boston, as 2%s, at a price
basis of about 2.363%.
1
1,000.
par and accrued interest, to¬
gether with a premium of 3% of
the
principal amount thereof if
called for redemption on or prior
of
to
Oct.
1,
1956; 2%
WISCONSIN
Green
improvement
bonds, series 74: for $696,000
2V2S, due on Nov. 1 from 1949
bonds, divided as
DIVIDEND NOTICE
The Directors
of Hunt Foods
have declared the
prior to
Common
as
incl.
1973
1948. Second high bid of par
$1,840,000 4s and $3,910,000
or
a
net interest cost of
about 2.888%, was made by Halsey, Stuart & Co. Inc., and Asso¬
follows:
1,
for
2%s,
Preference Stock - 12V.i cents
share payable December I,
1948 to stockholders of record
ciates.
V
Common Stock
—
Levelland,
25 cents
per
payable November 29, 1948
stockholders of record Novem¬
share
15, 1948.
Edward
4s
Mittelman
Los
Angeles, California
be
subject
to
redemption
prior to their stated maturities at
the option of the City, in whole
or in part in the inverse order of
their numbers, on Oct. 1, 1952, or
interest payment date there¬
after upon 30 days' notice at a re¬
demption price of their principal
any
bonds, payable exclusively out of
tolls and revenues derived by the
Authority from operation of the
said Puget Sound Transportation
System.
The tolls and charges
shall be at all times fixed at rates
to
least
operating and
yield annual revenues at
from
000
.
1958
to
1967
incl.r
in 1968.
swimming pool bonds$15,000 on Dec. 1 from
and $10,000
.
300,000
Due
1968 incl.:
1949 to
All of the bonds arfe
dated Dec-
1948. Denom. $1,000. Principal
(J-D) payable at the
1,
and interest
As
office.
Treasurer's
City
the
City will not have finally deter¬
issue the swim¬
mined whether to
ming pool loan until shortly prior
to date set for receipt of bids,
alternate bids will be received for
two
the
basis
or
issues
for
on
"all or none""
the Chappell
separately. Legality
bonds
Cutler*
approved by Chapman &
of Chicago.
School
to be
,//./
WYOMING
/
Carbon
No.
6
Bond
County
School
(P. O. Medicine
District
Bow),
/
Wyoming
Sale—The $78,000
build¬
bonds offered on Oct. 19~—
168, p. 1412—were awarded to
ing
v.
a
composed of the First
of Laramie, the
Growers National Bank, of
group
National
Stock
Bank,
Cheyenne, and Coughlin & Co., of
Denver, at a price of 100.385/ a
basis of about 3.033%, as follows:
$45,000 2%s, due on May 1 from
1949 to 1958 inclusive, and $34,000
3V4s, due on May 1 from 1959 to
1963
inclusive.
The bonds are
dated May T, 1948 and those ma¬
including turing in 1959 and thereafter are
insurance costs, and all redemp¬ redeemable on and any time after
a premium of 3%
of such princi¬
tion payments and interest charges May 1, 1958.
/-.
pal sum if redeemed on or before
Oct. 1, 1956, 21/2% of such princi¬ of the bonds as the same become
University of Wyoming (P. O,
due.
Neither the payment of the
pal sum if redeemed thereafter
Laramie) fWyo.
principal or any part thereof jior
but on or before Oct. 1, 1960, 2%
Bond Sale—An issue of $1,850,of such principal sum if redeemed of the interest or any part thereof
000
to
Texas
Sale—The $500,000 water
Bond
and interest thereon
date
the
of
equal
accrued
plus
to
annual
maintenance
redemption,
expenses,
.
and
sewer
Oct. 26
—
awarded
Secretary
will
sum
November 15, 1948.
ber
./
the Company's
and 5% Preference
on
per
to
///■/■/-\
All of the bonds are dated Nov.
bonds..
1, as follows: $10,000
from 1949 to 1957 incl.; $22,-
Due Dec.
of the prin¬
cipal amount thereof if called for
redemption thereafter and on or
and prior to maturity.
Principal
from 1959 to 1968 inclusive. Prin¬
$754,000 3s,
and interest payable at the prin¬
cipal
and
semi-annual interest
1961 to
payable at the Montpelier Nation¬ cipal office of the Trustee, or at
1973 incl.
./ ^'-/V/'.f al
the principal office of the Fiscal
Bank, Montpelier, or at the
150,000 playground and recrea¬ Merchants National Bank of Bos¬ Agent of the State in New York
tion park bonds, series 76: for
(Chemical Bank & Trust
ton. Legality approved by Peter City
v;, ; $72,000 2V2s,
due on Nov. 1 Giuliani, of Montpelier.
Co.), All bidders must specify the
from 1949 to 1960 incl., and
rate of interest which the bonds
shall bear, with all bonds to bear
$78,000 3s, due on Nov. 1 from
VIRGINIA
1961 to 1973 incl.
v
a uniform rate
together with the
Falls Church, Va.
amount of money which will be
1,000,000 sanitary sewer system
Bond Sale—The issue of $1,000,and
sewage
disposal plant
paid for ail of said bonds, accrued
bonds, series 78: for $480,000 000 water system extension bonds interest to be added. Interest rates
2V2S, due on Nov. 1 from 1949 offered on Oct. 26—v. 168, p. 1635 as bid shall be in multiples of %
—was awarded to Phelps, Fenn &
to 1960 incl., and $520,000 3s,
of
1%.
The Authority reserves
due on Nov. 1 from 1961 to Co., Inc., New York, and Scott, the
right to determine the high¬
Horner & Mason, of Lynchburg,
1973 incl.
est and best bid.
The Authority
1,925,000
water works
bonds, jointly, as 2.80s, at a price of will appoint as Trustee such quali¬
series 79: for $924,000 2V2S,
100.17, a basis of about 2.78%. fied trust company or bank as
Dated Oct. 1, 1948 and due Oct.
due on Nov. 1 from 1949 to
may be acceptable to the success¬
1 from 1952 to 1978 incl. Bonds
1960 incl., and $1,001,000 3s
ful bidder.
:
due on Nov. 1 from 1961 to
maturing on or after Oct. 1, 1969,
The
bonds
will be
revenue
quar¬
terly dividends
Stocks
regular
A-
follows:
Chappell School
$320,000
,
Foo©S9.M<C
Wis.
Clifford
City Clerk, will receive
sealed bids until 1 p.m. (CST) on
Nov. 16 for the purchase of $620,000 not to exceed 2xk% interest
from
1
Nov.
on
—
Centen,
1960 incl., and
due
Bay,
Offering
Bond
Co.
street
about
1948.
$1,000. Due Nov. 1, as fol¬
lows:: $18,000 in 1949 and 1950;
$19,000 irt 1951 and 1952; $20,000
in 1953 and 1954; $1,000 in 1955
and 1956, and $22,000 in 1957 and
1958. Bidder to name rate of int.
Principal and interest (M-N) pay¬
able at the City Treasurer's office.
Legality is to be approved by
Preston,
Thorgrimson & Horo¬
witz, of Seattle.
Denom.
Oct. 1,: 1959; 1% of the
principal amount thereof if called
The
bonds are
dated Nov. 1, for redemption thereafter and on
1948.
Denomination $1,000.
Due or prior to Oct. 1* 1962; and with¬
out payment of any premium if
Nov.
1, as follows: $2,000 from
called for redemption thereafter
1949 to 1958 inclusive, and $1,000
was
from 1949
incl., and $637,000 3s, due on
Nov. 1 from 1961 to 1973 incl.
1,450,000
high bid of 101 for 2y>s
made by Kenneth B. Hill &
Second
$588,000 2Y2S, due
to 1960
for
Nov.
73rd
bonds,
airport
series:
on
Due Oct. 1, 1968.
specify the redemp¬
tion terms and provisions; how¬
ever,
the Authority has consid¬
ered as acceptable that the bonds
be optional for redemption prior
to maturity on and after Oct. 1,
1951, in whole at any time and
in part in numerical order on any
interest payment date, upon terms
of 101.03, a
$1,225,000
■to
THE
cost of about 2.872%,
follows:
$10,500,000 Puget Sound Toll
nation
York, R. A. Underwood &
Dallas, Soden-Zahner Co.,
as
Hoover
Bidders may
Newburger, Loeb & Co.,
net interest
Wash.
W.
Bridge and Ferry revenue bonds.
Dated
Oct.
1,
1948. Denomi¬
VERMONT
of New
Co., of NorthReld Town School District,
of St.
cipal and interest to be payable at
Vermont '
the place preferred by the pur¬ Louis, Breed & Harrison, of Cin¬
Bond Sale—The issue of $30,000
cinnati, and Dempsey & Co.. of
chaser. These bonds were author¬
refunding bonds offered Oct. 21
Chicago at a price of 100.087, a
ized at a special election on May 1,
was awarded to F. S. Moseley &
both the printed
Offering—J.
(PST) on Nov. 4 for the purchase
of
..
of
O. Olympia),
(P.
Bond
Secretary, announces that sealed
bids will be received until 10 a.m.
of
Corbett,
and Blyth & Co.,
jointly, as 2y4S, at
price of 100.124, a basis of
Dated
Nov.
1,
a
2.228%.
Corp., of Cleveland,
Co.,
awarded to the Seattle-First
were
National Bank,
Washington Toll Bridge Authority
Cleveland against all taxable property there¬
Ira Haupt & in as provided by law. Legality
New
York, Rauscher, approved by McCall. Parkhurst &
Co., of Dallas, Martin, Crowe of Dallas.
New
1967,
First
York,
1961; $10,000 from 1962
incl., and $11,000 from
1968 to 1971, incl. Alternate pro¬
and
1960
to
of the First Na¬
composed
cate
Nor¬
WASHINGTON
street improvement
bonds.
Due $3,000 on Sept. 1
from
1959 to 1968 inclusive.
Optional on Sept. 1, 1958, or on
tional Bank, Northern Trust Co., any subsequent interest payment
ooth of Chicago, Philadelphia Na¬ date, at par and accrued interest.
Dated Sept. 1, 1948.
Denomina¬
(CST) on Nov. 16 for the purchase tional Bank, of Philadelphia, John
tion $1,000.
Principal and interest
of $125,000 not to exceed 5% in¬ Nuveen & Co., of Chicago, Braun,
terest coupon or registered school Bosworth & Co., Inc., C. F. Childs payable at the American National
Austin.
Said bonds are
Louse bonds. Dated Dec. 1, 1948. & Co., of Chicago, Hornblower & Bank,
Due
Dec.
1, as follows:
$1,000 Weeks, Eastman, Dillon & Co., voted obligations of the City, pay¬
Francis I du Pont & Co., all of able from ad valorem taxes levied
from 1949 to 1959, incl.; $5,000 in
B. Godbey,
President Board of Trustees, will
receive sealed bids until 8 p.m.
Offering—C.
Bond
of
both of Seattle,
30,000 3 V2 %
168, p.
awarded to a
offered
bonds
1531—were
r..'/
—
Corporation
folk.
inclusive.,
Texas
The $5,750,000
Worth,
Fort
Consoli-
Independent Sch.'Dist.
dated
Investment
curities
Antonio,
Nov.
1.
bonds offered
revenue
v.
to
p.
Columbian
Se¬
of
Sap
Corp.
as
1948
1744
168,
the
3s
of Texas,
and
and
from 1949 to 1973
3V4S.
due
on
inc^
„
were
—
Dated
Nov.
r ;
1
1
but
on
11/2%
of
thereafter
1,
1964,
sum
if
P.n.<JC
redeemed
*KfW..Q<&
or
thereafter
The Au¬
but thority reserves the right to issue
bonds on fc parity* with the bonds
of
iv*
obligation of the State.
•
*
M
i-a
jrr a* v. 1
2%
liability^or
shall constitute a debt,
before Oct.
such principal
1
v* w#
has
been
building revenue bonds
purchased by the Uni¬
versity Endowment
30 years.
Fund. Due in
•••
■' *
/
@FedFRASER