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NOV 1 0 1347
MONDAY
Reg. T7. S. Pat. Office
Volume
New
Number 4645
166
General
RAILROAD
extra'dividend of 25 cents per
quarterly dividend of $1 per share,
tooth payable Dec. 12 to stockholders of record Nov. 21.
Like amounts
were paid on Sept.
12, last.
On June 12, a quarterly of $1 was dis¬
bursed, while on March 12, the company paid 75 cents per share.
The common stock received $3.30 per share in the year 1946.—V. 166,
Nov.
p.
in
the directors declared an
4.
All
the regular
to
addition
final
floor
•has
General
and
President
Vice-President
that
He
Manager.
has
1921,
G. Brewster, who
has been named
headed the company as
founder.
No other
Mr,
166,
said.—V.
Weismann
due
Dec.
1,
at 101 and
Co. of New
147, p. 3443.
United
SEC.—See
Light
&
below.—V.
Rys.
with
For
the
or
ended
week
Oct.
the
30,
System
The
166,
of
subsidiaries
&
Standard
Sanitary Corp.—Spe¬
in
in Cincinnati and
Co., Minneapolis, Minn.—Files with
SEC—
the directors declared a
30,
1946.—V.
from
Net
from
Net
The
for
company
37,300
Oct. 31 filed
on
a
shares of common stock.
will be used
letter of notification with the SEC
The offering price is $2 a share.
Minneapolis.
The proceeds
pay liabilities and for working capital.—V. 166, p. 1250.
Holley,
to
Dayton
&
Gernon,
American Steel & Pump Corp., N. Y.-
ry.
The company on
This
has
corporation
placed
order
an
for
A. D.
The
Co., of Alliance, Ohio, will replace the blooming mill at
company's Brackenridgc, Pa., plant.
The mill, with a 60-ton
heavy-duty crane, feeder and approach tables and electrical equip¬
ment, wjII cost about $3,500,000, it was said.—V. 166, p. 1781,
Engineering
the
and The Solvay Process
subsidiaries, will be merged with the parent com¬
pany on Nov. 1.
The business of these subsidiaries will hereafter be
•conducted bv their present organizations as divisions of Allied Chemical
Subs.)—Earnings—
1947—3 Mos.—1946
ry.
before Fed.
Y.—V,
N.
6,696,300
6,165,703
2,500,000
*1,480,000
Consol.
have
Total
1,618,299
4,196,300
$0.69
$1.94
4,685,703
The
City
Bank
Farmers
Trust
appointed transfer agent for the
fcr
Provision
taxes on
Fedcrai
est.
net
30,481.728
taxes
on
*3,205,000
income
16,500,000
13,507,325
$6.16
piofit
13,981,728
$6.32
for
provision
ended
July
31,
ended
July
31,
and
1947,
1947.—V.
American Coils
eral
not
Smith
on
compelled
be
to
for
$1,570,000
166,
p.
the
six
and
twelve
months
257.
a
Bank
Oct.
turn
30
over
of
Newark,
N.
J.,
was
ordered
by
Fed¬
to show cause Nov. 3 why it should
$31,219 on deposit for the company to
the business.
Andrew B. Crummy, Newark, lawyer, and Thomas W.
Binder,
company
President, were appointed Oct. 28 on petition of
the companuy, which listed assets of $947,989 and current liabilities of
more
than $250,000.
However, the concern said in its petition that
it did not have sufficient cash to meet its obligations.
The
bank refused to surrender the
deposit, the trustees charged.
trustees reorganizing
"
The
trustees,
They want, to use the money in the administration of the business.
The bank was further accused of illegally applying the fund on
first
of
mortgage
American
Coils
$83,000
Co.
trustees
The
$120,000,
N.
Y.,
The
said
that
has
been
meeting
was
90%
decided
extensive
public
instructed
to
of
the
Cincinnati
stock
common
was
V.
it
holds
trustee
the
the buyer to assume
factory building owned by
alleged that part of the deposit,
on
also
a
factory
is
under
the mortgage
contract
held
by
for
sale
for
the bank.
Smith authorized the trustees to sell receiver certificates to
cash necessary to keep the company going.
(Newark "News.")—
p..1325.
164,
Oct.
28
redemption
on
Jan.
mortgage
next,
1,
bonds,
5%
all of the
due July 1,
Banking and Trusts,
bonds at the Girard
Company for
mortgage
165,
Philadelphia, Pa.,
Trust Co., Phila¬
1995.
p.
transfer
ot
Agent—
City
Jersey
has
appointed
been
co-
for the common stock ($5 par), and the option war¬
purchase common stock of this ocrporation.—y. 166, p.- 147.0.
agent
to
rants
Bank
9 Mos. End.
Sept. 30—
%">
Subs.)—Earnings—
1945
1945
1947
sfll
*
1944
$30,499,649 $22,519,241 $36,867,074 $32,520,437
Sales
of
tCost
sold,
good
de¬
livery and other exps.
28,221,479
21,743,383
32.464,984
28,988,203
$2,278,170
$770,858
$4,402,0n0
$3,532,234
**431,671
114,163
47,319
59,462
$2,709,841
$885,021
$4,449,409
$3,591,696
987,000
•183,000
13,278,416
*2,470,000
$1,472,841
$802,021
$1,179,993
$1,071,696
205,173
245,449
257,2?8
257,239
385,809
443,u20
577,260
577,260
$881,859
$106,952
$336,496
$337,197
$4,92
$2.16
operating profit-
was
income
and
it
on
that this marketing agency should embark upon
service program via radio, and the management
all necessary steps to get the program under
take
income
Gross
income tax
Federal
v.
contingencies-
for
Prov.
V
50,000
250,000
,v*
income
dividends
Preferred
This Issue
dividends
Surplus
Earns,
Quotations
New
York
Baltimore
Boston
Stock
Exchange
SPECIALIST IN
FLORIDA
& NEW JERSEY
Municipal Bonds
MUNICIPAL DEPARTMENT
33
34
34
Exchange
34
Exchange
Detroit Stock Exchange
35
Los Angeles Stock Exchange
35
38
36
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
36
36
St. Louis Stock Exchange
San Francisco Stock Exchange
Exchange
Montreal Curb Exchange
Exchange
37
38
39
41
Over-the-Counter Markets
42
Transactions New York Stock Exchange
24
Transactions New York Curb Exchange
24
Stock and Bond Averages
33
cAllen
&
Compan y
30 BROAD STREET
HAnover 2-2600
*
NEW YORK 4, N. Y.
Bell
Condition
Statement
Statement
Teletype: NY 1-573
Auction Sales
of Federal
and
receivable
notes
Banks of
of Member
-
payable.
notes
(less
SHEET,
SETT. 30,
1947
securities, $828,200; accounts
$144,311), $4,761,060;
inventories,
Govt,
reserve
$7,246,616;
investments,
$647,352;
land,
buildings,
machinery and
equipment (less reserve for depreciation and amortization, $14,151,076), $10,757,308; goodwill, patents, etc., $4,052,682; deferred charges,
$154,614; total, $31,376,114.
payable,
LIABILITIES—Accounts
dividend
$1,216,415:
accrued
liabilities,
estimated liability for Federal taxes on income, $1,313,702;
on preferred stock, $45,594; notes payable—due 1950-
$1,456,654;
accrued
cumulative
convertible
stock (no par
and paid-in surplus,
$1,062,061; earned surplus, $8,199,596; 7,352 shares common stock in
treasury, Dr$203,299; total, $31,376,114.—V. 1G6, p. 658.
$1,000,000;
1955,
reserves,
($100
stock
preferred
value—$33,/3
paid-in
par
$1,627,527;
4%
value), $6,839,1C0;
value),
$8,818,764;
common
capital
Bayuk Cigars, Inc. (& Subs.)—Earnings—
9 Mos. End.
Gross
Sell.,
& adm. exps.
gen.
Prov.
for
1946
1945
1944
$4,004,161
$3,897,586
$3,408,426
1,902,233
1,663,495
1,458,742
96,188
104,918
110,597
depr. of bldgs.,
equip, and autos
Amort,
1947
$5,246,692
2,152,493
120,834
Sept. 30—
profit
of
machine
cigar
cost of
licenses
and
11,250
rental,
misc.
inc.
divs.
co.
41
4,669
4,733
$2,124,504
$1,834,354
and
not
214,064
Int.
on
taxes
69,872
51,890
$2,111,325
$2,194,376
$1,886,244
(net)
notes pay.
for
Prov.
110,217
$3,176,179
consolidated)
on
44,642
12,783
8,235
1,674
inc.-
1,213,874
825,523
1,191,837
962,234
adjust¬
Inventory price
ment conting.
100,000
$922,336
687,856
$1,273,019
589,590
$994,303
stock-
442,199
442,193
share—
$2.31
$1.62
$2.53
$2.35
$1,917,663
Divs.
44
4,632
$2,001,108
divs.
(incl.
controlled
fr.
41
—
on
BALANCE
ASSETS—Cash, $2,928,282; U. S.
Disct.,
Investment News.Cover
State and City Bond Offerings
51
Redemption Calls and Sinking Fund Notices_44
The Course of Bank Clearings
43
Dividends Declared and Payable
44
Foreign Exchange Rates
41
Condition
taxes.
$2,962,115
Miscellaneous Features
Federal Reserve System
Established 1922
interest
$20,222
CONSOLIDATED
patent rights
Reserve Banks
stock
figure
33
Chicago Stock Exchange
Combined
capital
deducting
29
Exchange
Toronto Stock
$3.17
$3.58
and
13
Exchange
Montreal Stock
($1,928,000)
24
Curb
Stock
taxes
(Bonds)
Stock
Stock
profits
(Stocks)
Stock Exchange
Cincinnati
com._
on
excess
is after giving effect to debt retirement credit of $190,000
and postwar refund of $24,000.
tlncludes depreciation and amortiza¬
tion.
tlncludes provision for renegotiation refund and $45,416 interest
on additional taxes for prior years.
UAfter deducting $214,000 Federal
tax credit due to carryback of unused excess profits credit.
"""Includes
income from termination of contracts in amount of $413,423 and after
Page
New York Stock Exchange
York
sh.
per
•''Includes
The
General Corporation &
Telephone.
166,
represented,
Judge
get
for
first
Pa.—V.
First' National
Other
Toronto Stock Exchange—Curb Section
a
belongs to American Business Credit Corp.
$11,593,
York,
value common stock.—V.
the stockholders held in
meeting of
which
Cleveland
Co.—Reorganization Trustees Appoint.
National
Lincoln
Judge
New
par
Stock and Bond
estimated Federal taxes on income is
after
deducting
amounts refundable on basis of carry-back provisions of
the Internal Revenue Code as follows: $420,000 for the three months
The
Co.,
no
$4.44
1946
21,712,325
income
Earnings per common share
*Thc
called
been
Net
New
Consolidated
the
of
The
1574.
p.
377,515.045 315,125,568
Federal
before
i
101
Pennsylvania
Agent—•
9,557,130
$2.08
1947
July 31—
sales
not
Profit
1,623,198
300,748
and interest, and all of the outstanding lirst mortgage
5% bonds, due Jan. 1, 1960, at 105 and interest.
Immediate payment will be made of the full redemption price, plus
accrued interest to Jan. 1, 1948, upon presentation and surrender of
the
first lien and
refunding mortgage bonds at the office of the
at
Common
share
com.
225,901
5,800.000
profit
net
pc.r
,
taxes
12 Months Ended
4,284,245
917,985
132,655
jf 1782.
In
Earnings
4,019,347
288,926
7,180
Atlas Corp.—Co-transfer
15,357,130
">730.000
2,992,584
413,303
Atlas Powder Co. (&
an
2,348,299
Fed.
for est.
3,028,715
income—
oper.
outstanding first lien and refunding
Net
income
on
166,
unanimously
$
*18,229
Atlantic City Gas Co.—Bonds Called—
40-year 2%%
taxes
income
on
Prov.
$
80,137,757 171,755,258 155,952,583
85,028,675
Profit
to
capital stock
32,149
"'Deficit.—V. 166, p. 1350.
and
.
at
1947—6 Mos.—1946
$
$
sales
the
of
Appalachian Coals, Inc.—To Use Radio—
Allied Stores Corp. (&
net
acquisition
debentures due July 1, 1968 are now avail¬
able fos dejivery, in exchange for the outstanding
tempayar$ debentv
tures at the themicnl "Bank Si Trust" Co'.,165 Broadway,-^New York,'
At
Period End. July 31—
stock.
Cook, Inc., Lawrenceburg, Ind.
Definitive
165, p. 3273.
Total
registration statement
The
price
and
a
proceeds will be used
American Water Works Co., Inc.—Transfer
wholly-owned
Corp.—V.
the
in
The
1944
172,954
34,403
American Telephone & Telegraph Co.—Definitive De-»
:*t; The General Chemical Co., Scmet-Solvay Co.
& Dye
amendment.
v
$479,310
*263,916
13,305
railway
railway
from
Net
bentures Ready—
Allied Chemical & Dye Corp.—To Merge Units—
Co.,
by
1945
$390,997
income—
oper.
delphia,
electrically
40-inch
a
slabbing-blooming mill, it was announced on Nov. 4 by M. C.
Vice-President in charge of operations.
now
mill, ordered for late 1948 delivery from the Morgan
Oct. 31 filed with the SEC
shares
($1
par)
common
to be filed
indebtedness incurred
off
pay
Allegheny Ludlum Steel Corp.—Orders New Mill—
powered
100,000
underwriting
of
Harris,
-Registers with
1146
$373,930
*66,450
1947
railway
railway
from
Gross
1957,
covering
'
From Jan. 1—
166, p. 658.
SEC—
Underwriter.
directors
$356,170
68,362
September—
Gross
There
Alden Wonderall
of
board
the Mutual Broadcasting System
be piped to the other stations in the hook-up
whole
Net
special dividend of 20 cents per
share and the usual quarterly dividend of 20 cents per share on the
common stock,
both payable Dec. 31 to holders of record Dec. 5.
This
brings total payments in 1947 to $1 per share, as compared with 40
cents
will
program will be handled through the Hnehnle Advertising
Agency, Dixie Terminal Building, Cincinnati.
AC1 states that it is
hoped that all necessary details can be worked out in time for actual
broadcasts to begin on or about Nov. 17.—V. 158, p. 452.
of
increase of 22,541,000
an
cial Dividend of 20 Cents—
Oct.
the
of
Oct. 15.
originate over
on
Atlanta & West Point RR.—Earnings-
11.4%, over the corresponding week of 1946.—V. 166, p. 1782,
American Radiator
On
recommendation
unanimous
programs
station
Input—
inputs
amounted to 220,118,000 kwh.,
company
kwh.,
the
at its last meeting, held
■!»
American Power & Light Co.—Weekly
this
This action of the stockholders was
the earliest feasible date.
way at
in line
finally decided upon.
1678.
p.
Oscar Heineman,
made,
being
are
Donald
since
company
the death of
since
changes
personnel
p. 1573.
spindles.
116,000
with
debentures
American Light & Traction Co.- -Amended Plan Filed
have
housing
associated
Copy
MISCELLANEOUS
-
The
Weismann, Chairman of the board, on Nov. 4 announced
and
space
been
New York, N. Y.—V.
140 Broadway,
York,
Corp.—Acquires Oscar Heineman--
negotiations
convertible
have been - called for redemption on Dec. 1, next,
interest.
Payment will be made at the Guaranty Trust
been completed for the acquisition of
the Oscar Heineman Corp. of Chicago, one of the largest processors
of yarn in the country.
By the terms of sale, Aetna acquires, for
$3,900,000 cash, 45,000 shares of class A common stock, 7,000 shares
of $100 par preferred stock and 5,000 shares of class B common stock,
representing the entire outstanding capitalization of the Oscar Heineman
Corp.
The latter has plant facilities totaling 286,000 sq. ft. of
that
4%-6%
outstanding
the
of
with
Walter TV.
INSURANCE
-
1948,
1781.
Aetna Industrial
INDUSTRIAL
-
American Department Stores Corp. of Pa.—Calls Debs.
Acme Steel Co.—Declares Extra Dividend—
On
«hare,
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, November 10, 1947
on
Earns.
The
common
per com.
has
for dividends.
account.—V.
Inc. in controlled company (not con¬
since acquisition by $739,502 after provision
This amount is not included in the above earned surplus
of Bayuk Cigars,
equity
solidated)
increased
166, p. 462.
2
Beaumont Sour Lake
from
Net
from
1945
1944
196,606
$542,766
128,371
$551,738'
163,146
235,278
31,801
*23,043
$861,219
408,097
77,709
Net
ry.
$312,611
railway
income—
oper.
from
Net
from
Net
ry.
2,752,827
1,523,100
1,200,242
income—
oper.
9,503,347
5,368,611
1,232,488
7,529,816
3,617,157
732,332
6,618,051
3,022,883
6,558,283
railway
railway
Formerly operating in two locations in Detroit, this division now has
transferred all its manufacturing activities to one plant, which has
been equipped with the latest machines to make straight-line output
possible.
The
Borg & Beck Division, a manufacturer of automotive clutches,
congestion within its Chicago plant and permit future
increased production schedules, by starting immediate construction of
will
a
♦Deficit.—V. 166, p.
1350.
$500,000, one-story, L-shaped, brick-and-steel
vide
Inc.—October Output Up—
units, a
Spencer,
included
corporation produced in October approximately 79,000
monthly record, it was announced on Nov. 5 by Harry L.
in charge of manufacturing.
This production
The
new
Vice-President
automatic
dryers and ironers.
manufactured approximately 64,000 washers, 5,800
dryers and 9,500 ironers.
Production of automatic washers by the
corporation showed an increase in October of 88% over that of the
corresponding month of 1946.
For the first ten months of the year the corporation produced ap¬
The
washers,
company
166,
1946.—V.
with
compared
washers,
514,000
months of
the first
222,500 in
10
1783.
p.
77,250
& Machine Co.—Earnings-
Sales
On
profit
Business
3,634,876
books at Sept. 30
on
all
♦After
-
depreciation,
including
charges,
Federal
and
and
State
income taxes.
tAs
the
this loss
of
refund
of $283,000
Internal Revenue Code.—V.
entitled to an estimated.
carry-back provisions of the'
company
166, p.
was
the
under
1351.
Division
3,
the
directors
the
$2.50
floor
The
space.
building
new
is
starting
construction
of
17.
of
136,
paid
$1.90
in
each
declared
value
share for
per
payment,
$16.76 per share.
Effective .Oct. 1,
was
corporation has made arrangements, with the
Wall. Street, New York, to act as transfer agent,
City, l Exchange Place, Jersey
Oily N. J., to act as co-transfer agent in order to make available to
stockholders expanded services for the transfer of certificates.
with
and
for
Prov.
Amortization
of
other
Taxes,
Provision
State
-
and
pit.
gas
than
189,636
replacements
for income
adjustments--
acquis,
income
207,383
taxes—
12,200
taxes
.income
51,l0l>
230,331
266,384
taxes
Taxable
Total
222,131,
Other
$476,158
$520,687
49,494
earnings
income
♦Excluding gain
$210,758
$214,167
36,579
29,253
$338,708
242,079
240,558
L
other
and
deductions
$328,102
on
Dividends
on
$3.50
stock
preferred
stock
common
$398,150
101,342
109,787
163,834
income
Net
Dividends
$189,981
$181,495
$182,642
193,116
163,062
169,990
elected
to
166,
$151,334
and
LIABILITIES,
market
SEPT.
value
1947
30,
State
income
Co.
Increases
—
ceivable,
$5,809,-
(cost
re¬
for
dividends, $92,011; total, $8,470,459.
LIABILITIES—Accounts
dividends
outstanding
shares
outstanding
On
Oct.
the
31,
share and
per
Dec.
15
total
the
of
record
of
is
cents
of
of
20
cents
of
20
over
cents
share, both payable
per
each
In
dividend
a
increase
an
17.
Nov.
paid
company
$1.10
quarterly dividend of 25
a
year-encl dividend of 25
a
holders
to
quarters
declared
directors
the
three
preceding
cents per share.
The
the 90 cents paid in
at
5'/c
cumul.
convertible
5%
cumul.
non-convertib'e
—V.
stock,
166,
p.
equivalent
stock,
capital
1045.
of
assets applicable
net
$16.76
to
conv.
for
of
respective
Brothers Inc.
Debentures Placed Pri¬
—
vately—It was announced Oct. 31 that an issue of $800,000 3%% sinking fund debentures due 1962 has been
placed privately through Lee Higginson Corp,
Proceeds were used to retire existing bank loans and
to finance
periods:
Sept. 28, '46
6,675 shs.
10,558 shs.
series—
series
25c
B___—_
5,000 shs.
of pfd. stk.
option
5,000 shs.
169,917 shs.
26,700 shs.
153,385 shs.
share—
per
initial series
agreements
i
42,232 shs.
1,000 shs.
__i
463.
p.
of
1975.
$1,500,000
Such
Co.,
bids
first
will
California
450
Nov.
on
mortgage
be
13.—V.
3'/4% bonds, series C, due Nov. 1,
by the company at American Trust
Francisco 20, Calif, up to 9:15 a.m.
1679.
received
Street,
San
166, p.
Cambria & Indiana RR.—Earnings—
September—
Gross
1947
from
Net
ry.
railway
railway
from
1945
1944
$138,562
$114,226
6,180
52,887
31,219
48,256
52,933
72,882
47,715
56,736
1,216,038
1,377,990
income-^
oper.
1946
$143,661
$139,362
From Jan. 1--
Net
ry.
railway
railway
from
Net
—V.
166,
1,011,476
1,201,302
7,233
226,937
441,239
547,590
342,019
income.__
oper.
495,437
444,818
484,948
1351.
p.
Canadian Pacific Lines in
September—
railway
railway
from
Net
*
61,671
*114,050
*29,335
*7,973
4,092,325
3,799.479
5,130,022
4,499,116
936,137
732,940
1,866,348
1.739,590
64,568
*88,254
922,627
1,126,138
income.-.
oper.
166,
from
Net
from
Net
ry.
1946
1945
1944
$179,005
$182,778
$120,627
*53,347
*44,167
*33,609
*19,676
*113,282
*94,958
*77,935
*66,379
1,253,068
1,044,362
1,128,011
ra;lway
income.._
oper.
154,570"
Vermont—Earnings—
1947
lway
ra
$485,976
1475.
p.
Canadian Pacific Lines in
Groes
1944
$472,984
♦47,888
*89,000
railway
railway
from
ry.
1945
$271,342
<'18,664
from
Deficit.—V.
1946
$310,907
ry. oper. income...
From Jan. 1—
Gross
Maine—Earnings—
1947
from
Net
share,
per
$251,930
subsidiary.
end
initial
value
par
498,564
to
168,929
California Water Service Co.—Seeks Bids for Bonds—
company ij inviting bids for the purcnaje as a
wh-qj of an
Net
$92,021;
6,869
239,127
The
issue
$13,604; accrued liabilities. $6,849;
payable.
payable,
166,
Brockelman
Quarterly Payment and
Declares Year-End Dividend of 25 Cents—
(est.)-_
$357,392
wholly-owned
September—
Blaw-Knox
taxes
*
^
Sept. 27, '47
Net
cash in banks, $688,028; dividends and interest
$26,692;
accounts
receivable, $30,368; special deposits
38,051
2,952
4,340
with
Capitalization,
invest¬
regulated
a
$465,779
47,484
income
Gross
securities—at
in
as
$7,633,359;
$8,357,984 —V.
562.
p.
taxed
be
113)929
92,711
Preferred stock—par value $25 per share—
have no liability for Federal.income^
AND
ASSETS
OF
ASSETS—Investments
831),
136,529
$52,926
surplus
Balance,
Fed.
loss on investments.
or
company and as such should
in respect of net income.
unclaimed
—V.
for
Net
31,525
259,723
NOTE—Corporation has
tax
162,550
$570,181
income
Gross
2,479
$226,560
capital stock—
STATEMENT
Interest
Prov.
5,529'
416
4,051
$240,339
income
on
-
$651,295
mortgage
on
Gross,ir?m
♦Net
Divs.
110,079
profit before depreciation
for depreciation
1;
disposal of store fixtures
■—
on
Interest
$206,159
3,237
$277,079
36,740
income
Expenses
12,200
218,769
taxes
income
$206,291
——
divs
sec.
ment
Net
Loss
1944
-
125,737
operating
Provision
Net
'
Federal
Net
(PST)
30
1945.
$223,293
991
Interest
142,660
267,353
68,127
1
retirements
$276,035
stock
on
1946
52
divs.
Cash
1946
$3,473,567
1,297,683
833,920
1,128,906
Maintenance
ENDED SEPT.
MONTHS
NINE
$259,139
from leased stores and concessions--!-Discounts, commissions and other income—,
1947.
FOR
8,723,672
Income
1
First National Bank of Jersey
ACCOUNT
11,393,659
arid^
depreciation)-
of
Ba'ance
Reserved
value of the capital stock on Sept. 30, 1947
This compares with $18.25 at the end of 1946.
liquidating
$3,982,811
$415,479
(exclusive
expenses
Reserved for
1947
1947
$4,300,299
1,628,237
of
2,614,560
$11,C'09,138
self-operated stores and dept
sales, se ling, warehouse, delivery
general
Broad Street investing Corp.—Quarterly Report—
The
INCOME
12 Months Ended Sept. 30—
2,877,944
Outstanding
Birmingham Gas Co.—Earnings—
Operating revenue
purchased
Operation
Cost
Sep. 26,*46
$14,687,082 $1*1,597,371
concessions
and
sales,
Common
^
Gas
Net
♦Sfept. 27,*47
.
departments
stores
♦Consolidated
94o.
p.
and
stores
by .leased
common
This
of
all
Sales
interim
an
Butler Co.—Earnings-
$120,000
a
dividend of 40 cents
stock, pavajjle Dec. 2 to
togethervwith 50 cents
the three preceding quarters, makes a
1947, as compared with $2.40 in 1946.—
par
Nov.
record
Irving Trust Co.,
result
a
Federal tax
Products
on
of
share
total
1339,590
Nil
5,860,000
-
-
share
per
Nov.
share
per
1946
$2,892,705
115,628
$0.58
-
-
*Net
Earnings
1947
$6,446,245
30—
Sales,
Bristol-Myers Co.—Declares 40-Cent Dividend—
V.
Nine Months Ended sept.
Pesco
holders
Steel Foundry
additional
of
pro¬
laboratory on a newly acquired 35-acre site, in suburban Cleveland.
The. laboratory will be used for testing aircraft fuel systems.
The Morse Chain Co. Division is nearing the completion of a $2,000,000, three-year program of rehabilitation ana expansion in its Ithaca,
N. Y, plant.
At least 50% of the plant layout has been rearranged,
with a large assemblage of new machinery.—V. 166, p. 1251.
per
Birdsboro
feet
square
building that will
adjoin the present plant.
The
..
proximately
(P. II.)
Nine Months Ended-^-
relieve
will
Bendix Home Appliances,
Monday, November 10, 1947
-
with
Prom Jan. 1—
Gross
CHRONICLE
$500,000.
Borg-Warner's Detroit Gear Division is.completing
expansion program which will increase its capacity and provide it
a thoroughly modern and efficient automotive transmission plant.
an
1946
railway
& FINANCIAL
of nearly
Western Ry.—Earnings—
&
1947
SeptemberGross
COMMERCIAL
THE
(1886)
$139,882
From Jan. 1—
Gross
from
Net
from
Net
ry.
railway
*398,472
166,
*567,921
*496,927
*372,570
*932,289
income...
♦Deficit.—V.
expanding inventories.
1,578.820
railway
oper.
*1,024,296
*918,365
*737,459
1475.
p.
1946.-
The
company
of
man
on
Oct. 21 announced that it has sold to Louis
Ohio,
for
and undisclosed
amount, the
Berk-,
plant
Steubenville,
formerly operated by its Martins Ferry Division at Martins Ferry, Ohio.
Mr. Berkman is President of the Parkersburg Steel Co. of Parkersburg,
W. Va.; the Louis Berkman Co., Steubenville, Ohio; and Steel Service,
Inc.,
of
also
Steubenville,
Ohio.
EARNINGS
(INCLUDING
Quarter Ended Sept. 30—
profit
Number of
1,344,843
$0.62
Net
profit
Earned
billings
after
William
P.
1947 have been
impeded to
and
average
"*
$1.30
$1.55
operations
that
that
the
thus
extent by material shortages.
some
backlog
Sept.
on
holders
last,
of
on
whi'e
share,
per
record
June
plus
far
profit
1946.—V.
■
♦Earnings
♦After
to
the
after chgs.
He
per
&
Fed.
dividend
split
$642,455
Miscellaneous
$1.20
{Adjusted
1946.—V.
166,
p.
to
t$0.93
give
income
before
Balance
Provision
effect
Ended Sept.
from
Prov. for
Prov.
deprec.
for
30—
3 Mos. '47
operations
taxes
1947—9 Mos.—1946
<'$31,185
on| plant & equip.
(est.)
$195,754
$1,893,629
56,082
161.895
158.998
Cr33,950
4,723
629,786
<$53,317
$29,131
$1,104,845
Nil
$0.03
$4.50
'
Net
income
Earnings
per
share
common
♦Loss.—V.
166,
p.
5,292,339
C.)
Federal
$1,195,186
128 896
224 721
income
taxes
taxes
$1,807,881
Bankers
for
agent
V.
also
26 Weeks Ended—
Aug. 2, *47
Federal
income
-
Aug. 3, '46
1,435,511
-
taxes
1,876,053
564,000
717,000
by
166,
Net
100.051
$2.15
inventories
(at
current
ment
in
under
(after
notes
SHEET,
and
per
•Based
$921,511
first preferred share.
on
$1,159,053
$30.72
__
$38.63
30,000 shares of first preferred stock outstanding.—V.
approximate
of
countries
foreign
SEPT.
reserves
166,
p.
earned
562.
by
&
since
1932, '$7,792,447;
accrued
Immediate
for
company
125.009
interest
of
Co.,
J.
P.
Morgan
166,
trustee,
&
St.,
to
used
fie
six
will
projects that
different
divisions
cf
will
this
increase
physical expansion," Mr.
struction
work
begun in
under
way
or
1940.
The
sajd.
pares
this
Manufacturers
our
con¬
It
is
enlarged production facilities.
Joint Division, whose operations presently
in Rockford, 111., expects to have completed by Jan. i
Gross
to
of
M.
137,300-square-foot plant in Memphis, Tenn., which with
complete equipment will cost nearly $3,000,000. This plant will produce
universal joints and propellor shafts for Ford passenger automobiles.
The Norge Division
is increasing the production
facilities of its
Effingham and Herrin,
III., and Chattanooga, Tenn., plants at
a
cost
$1.20
and
Buffalo, N. Y., or at the office of
23 Wall St., New York, N. Y.—
Incorporated,
have
on
announced
derived
from
On
Nov.
3,
declared
Dee.
that
net
a
2,
a
1946,
bank
pay
&
Prov.
166,
157,
to
Inc.,
as.
See
registration statement
to
to
be
be
underwritten
Corp.,
used
to
New
repay
1575.
p.
601.
p.
Ariz.—Files
notification
bp
offered
general
The
corporate
with
the SEC
share.
a
proceeds
are
purposes.
Co.—Earnings—
1947—hlonth—1946
1947—12 Mos.—1946
$1,027,777 $15,339,945 $13,283,99
479,438
7,223,570
5,906,551
105,000
1,305,000
1,255,50
612,798
110,000
depreciation--
with
$1.15
at
Philadelphia.
for
$1,150,380
expenses
for
Amort,
of
plant acqui¬
adjustments
sition
33,300
33,300
207,375
[1,305,700
1,754,000
$186,047
$202,664
$3,238,048
$2,791,273
46,913
46,913
562,960
562,960
764
764
9,169
Cr534
Cr42
5,171
85,907
Cr23
$155,028
$2,710,748
41,802
41,802
501,606
$2,142,430
501,607
$97,102
$113,227
$2,209,141
$1,640,823
taxes
income
208,235
$138,904
General
and
profits tax
income
Int.
J
debt-
long-term
on
Amortiz
of
400,000
374,700
j 1,312,627
1,201,966
disct.,
debt
and
prem.
expense—
deductions
Other
income
Net
Divs,
—V.
quarterly
dividend
of
and
20
cents
each
40
cents
per
This com¬
and Sept. 2,
in each of the
on
preferred stock
the
substantial
directors
165, p.
1067.
166,
p.
1679.
Central National
15.
The
2
part of the dividend just declared
profits.—V.
165,
p.
corporation
the
on
common
to
paid
on
declared
a
year-end
extra
May
9,
dividend of
which
p.
covering $6,000,000
of
cumulative
bidding.
The
The
6
paid
holders
was
a
of
this issue,
dividend
record
the
followed
Oct.
initial
by
a
of
of
25
30,
25
similar
cents
1947.
cents
per
This
share
is
the
having been
disbursement
on
266.
Central Power
The company on
45
Corp.—Pays 25-Cent Dividend—
Nov.
on
stock
payment made on
July 23.—V. 166,
1724.
per share and a quarterly dividend of 30 cents per share, both
payable. Dec, .1 to stockholders of record Nov, 18.
Previously, the com¬
pany paid regular quarterly dividends of 25 cents each on the stock.
A year-end payment of 50 cents per share was made on Nov. 30, last
year.
Dividends in 1947 will total $1.50 per share, the same as paid
1946.—V.
accept
acting
warrants.
Securities
are
letter of
a
stock,
Co.,
loans and
Sept. 30—
third
securities
cents
in
also
cf
Traders
preceding quarters.
is
a
1960,
Union
Scottsdale,
filed
30
common
Fitch
revenue
Operating
Burton-Dixie Corp.—Year-End Extra Dividend—
or
Universal
additional
directors
sale
"
payable Nov. 22 to stockholders of record Nov.
with 20 cents per share paid on March 1, June
year,
three
building to retard
He added that the current
part of an overall Borg-Warner expansion program
Since then about $35,000,000 has been spent, or com¬
Mechanics
conducted
Davis
soon
The
share,
SEC
due
proceeds
below.—V.
Co.,
Balance
is
mitted, for improved
an
manufacturing facilities
are
start, C. S. Davis, President, announces.
have not permittedJ rising
costs cf
"We
are
the
corporation
The
Central Illinois Light
165,
Borg-Warner Corp.—Continues Expansion Program—
Construction
to
ageiu
is
company
and
"
1, next, all of its
1951, at 101 and
the
full
redemption
price, pus
will be made upon presentation and
the
Co.
Oct.
on
E.
Gross
Corp.—Calls Debentures—
either
at
Main
284
Co.
1475.
1947,
1,
bonds
said
Trust
p.
Dec.
to
tne
and
working capital.—V.
shares
Underwriter,
of
payment
with
debentures,
Chicago,
Beverage
Federal
The corporation has called for redemption on Dec.
$1,800,000 outstanding 2 lA % debentures due Feb. 1,
interest.
filed
31
Co.,
amendment.
for
and
Period End.
surplus
trust
purchase
Chicago—Registers with SEC—
314%
Truax-Traer Coal
The
$8,078,582;
or market), $9,182 367;
($1,090,000 restricted as to
cost
total, $26,958,152.
$4,038,799;
the
appointed
was
The
SEC—
payable, $3,500,000; accounts payable and ac¬
crued
expenses,
$1,987,901;
customers'
deposits,
$664 899;
acdrued
Federal taxes on income, $1,056,007; reserve for contingencies, $750,000; $5 preferred stock (issued 26.681 shares of no par value). $2,653,100; common stock (issued 450,000 shares of no par value), $4 500,000;
surplus,
in
Co.—Subscription Agent—
City,
(after
LIABILITIES—Notes
$26,953,152.—V.
Y.
N.
stock.
Central Barge Co.—Stock to Be Offered to Stockhold¬
of Parent Firm—
exchange regulations), $2,483,428; prepaid
charges, $475,235; property, plant and equip¬
for
depreciation
of
$2,338,986),
$5,107,429;
deferred
loans
See
present
patents, goodwill, etc., $1;
Capital
9,160,446
ers
1947
30,
Bullock Fund, Ltd.—Declares 40-Cent Dividend—
of
10,602,442
Co.,
Oct.
on
Davis
Central
receivable
$904,4771,
of
H.
Price
bar.k
2131,
p.
*1,011,414
$1.73
accounts
interest
unearned
and
lower
the
assets
and
expenses
BALANCE
$1,631,110;
losses
for
reserves
V.
income
959,951
1475.
p.
1783.
p.
$3,000,000
Paul
337 530
share
CONSOLIDATED
ASSETS—Cash,
surrender
'
Earned
205,486,517
stockholder
Celotex Corp,,
$879 907
100.054
337.500
Buffalo Niagara Electric
$44,111,132 $34,904,964
taxes
222,325,925
common
540 0l0
$1,067,831
a
common
Trust
for
the
covering
$1,419 907
740,000
income
on
dividends
per
Bohack & Co., Inc.—Earnings—
Profit before
25,930,607
_
The company
profit
total,
1147.
Sales
$
214,646,964
26,812,603
166,
excess
<H
$
232,928,367
-
deficit.—V.
subscriptions
4,097.618
$1,678,985
dividends
net
1575.
(Sidney) Blumenthal & Co., Inc. (& Subs.)—Earnings
Period
$
25,919,193
5 292 804
6,971,324
expenses
(neti
for Federal
withdrawal
Profit
Cs
earnings
*Net
York.
262.757
$2.35
August,
1946
$20 985.983 $14 917,532
1
Balance
$501,317
525,514
requirements.
in
Net
with
compares
1945
$1,246,467
share
common
preferred,
two-for-one
1947
Subs.)—Earnings.
(&
sales
Earnings
1946
525,514
taxes
year
1947
profit on sales
Selling, general and administrative
re¬
quarter were above the
30 was $27,800,000.—
1947
outstanding
the
9 Months Ended Sept. 30—
Net
1947—9 Mos.—1946
3
27.772,554
earnings
Yvorking exp„n
dividend of $1
a
1947—Month—1947
*
Gross
165, p. 946.
$3
Brunswick-Balke-Collender Co.
Net
shares
of 50 cents.
per share
for
of
Period End. Sept. 30—
for
in,
Bliss & Laughlin, Inc.—Earnings—
Net
disbursed
the company
1947,
25,
extra
an
payment's
Common
Common
share
Dec. 31.
1947, and an addition tl dividend
the common stock, both payable Dec. 2, 1947,
Nov.
20.
Like
amounts
were
paid on Sept. 30,
to
Preferred
,
per
25 cents per share on
V. 166, p. 562.
9 Months Ended Sept. 30—
cents
ending
of
2,065,191
stated
President,
50
of
Gross
$
1,742,805
ported that incoming orders in the September
year's
1945
$
$1.65
Witherow,
dividend
Carolina Power & Light
2,224,521
share
per
a
35.997.797 119,670,624
39,303,760
taxes
quarter
declared
The
$632,473
1,334.453
$0.47
1946
1947
$
and
fourth
have
1945
1946
$688,741
1,344,843
$0.51
$842,238
9 Months Ended Sept. 30—
Shipments
the
directors
$2.50 in
SUBSIDIARIES)
1947
capital shares
share
per
The
Total
Net
Earned
Canadian Pacific Ry.—September Earnings-
Brockway Motor Co., Inc.—Extra 25-Cent Dividend—
Sells Martins Ferry Plant—
&
Light Co.—Registers with SEC—
Oct. 31 filed with the SEC
first
preferred
company
a registration statement
bonds, due 1977, and 40,000 shares
$100), to be sold at competitive
open bids for the issues on Dec. 8.
mortgage
stock
plans
(par
to
proceeds would be used for construction of additional generating
capacity and for other facilities.—V. 166, p, 851, 563; V. 165 p. 3276:
V. 164, pp. 2828 and 5.
agp.ny
Volume
166
THE
Number 4645
income
Central RR. of New Jersey—Earnings—
Period End. Sept. 30—
Operating
Net
$2,914,629
"529,354
"300,350
* 3,056,668
" 1,740,825
nee,491
508
9,588
" 581,761
inc.
215,559
210,026
1,931,078
3,336,168
—
"$384,050
"$209,518
—
irom. gross
income
"Deficit.—V.
106,
net
such
&
loss
RR. of Pennsylvania
of
the
Period End. Sept. 30—
Operating
Net
ry.
Gross
Net
from
166,
$2,420,934
573,744
5,912,166
1,205,188
576,982
5,946,841
604,823
445,407
414,202
4,156,975
$162,780
$1,789,866
$491,429
inc.
gross
bef.
inc.
Fed.
to
(and
the
its
profit
carried
consolidated
tax and
The
first
"After
all
The
135,387
294,694
537,954
709,146
$797,014
$1,867,703
$1,935,680
2,520,00
2,520,000
2,o20,000
$0.74
$0.20
before
2.
for
5
announced
that System
output of elec¬
and purchased) for the week ended Nov.
222,800,000 kwh., compared with 206,100,000 kwh.
corresponding week of 1946, an increase of 8.1%.
Local dis¬
amounted
the
$0.32
provision
for
depletion
to
electricity
kwh.
6.8%.—V.
discovered
of
of
191.500,000
of
Nov.
on
(electricity generated
1947,
for
166,
amounted
September—
$3,010,497
—V.
1947
1946
1945
166,
week
kwh.,
of
last
1947—Month—1946
Sales
Clinchfield RR.—Earnings-
Ry.—Earnings-
204,500,000
compared
year,
1947—10 Mos,—1943
$2,876,158
$24,712,188 $25,610,021
1476.
p.
1944
.)
■
1947
1946
1945
$339,100
$289,169
$255,836
from
Net
from
8,215
Net
ry.
1,717
"3,137
96,977
18,829
railway
railway——
"12,920
"18,780
23,127
—
income
oper.
Gross
194^
$347,039
September—
Gross
ry.
3,141,165
663,701
271,030
from
595,201
from
Net
1,260,897
"112,245
$1,193,406
$877,171
$1,141,013
461,772
515,042
311,951
580,098
399,428
485,294
250,930
474,456
12,853,557
9,703,234
10,354,725
10,739,981
income
oper.
Net
3,494,642
95,118
231,266
3,375,017
income
oper.
2,787,176
543,437
railway
railway
from
Net
$1,376,454
Consolidated Vultee Aircraft
The
ry.
—V.
railway—
railway
5,702,720
3,911,281
4,937,138
3,111,626
4,044,564
The
166,
Immediately
1352.
p.
Chesapeake & Ohio Ry.—Equipment Trust Ctfs.—
Company
will
receive
bids
for
the
purchase
$4,400,000
of
The
of
at
of
certificates, dated Dec. 1, 1947, due annually Dec. 1, 1948-1957,
3400 Terminal lower, Cleveland, O., up to noon (EST), Nov. 19.
directors
share
per
equipment
trust
$3
share
per
record
mon
stack
1946,
1.
on
In
the
in
in
connection
authorized
15
the "company
the
with
of
procurement
1784.
p.
to
respect
equipment.—V.
certain
July
V.
1
Net
from
Net
ry.
from
Net
from
—
5,981,535
4,,449,780
5,831,341
7,687,642
income_
2,699,846
2.
,320,556
1,671,628
1,952,627
Net
ry.
—V.
146 219,289
189,520,333
42 ,854,104
79,086,437
23,391,718
20 ,497,279
24,140,209
V.
September—from
from
Net
ry.
1946
$2,084,523
$2,190,495
ry.
300,261
453,360
635,385
126,900
108,328
234,104
income
oper.
180,730
■
1944
1945
22.287.601
19.581,946
22,199,084
from
2,142,181
6,079 280
ry.
220,566
from
Net
1945
1S46
1947
railway—_
from-
from
Southern
each
$1,083,669
$769,211
161,605
158,474
3C4.463
103,031
13,988
54,000
railway
40
11,055,399
7,978.039
1.478,716
713,733
"214,567
"502,241
9,012,713
2
10,310,037
693,885
$1,000,000
4%
of
usual
record
1946
year
per
Nov.
cents
72V2
serial
the
1,511,853
to
company
notes,
the purchase of
to
l,933,96o
two
September—
from
Net
ry.
being
further
as
bilis.
ciated
1945
to
the
—
476,518
514,211
"44,138
249,724
239,514
8,046,155
11,757,680
Net
ry.
—V.
3,682,670
1,810,778
2,108,400
301,565
188,391
1352.
be
to
sold
not
issue
Nov.
exceeding
5
System, Inc.—60-Cent
declared
A
of
and
June
cash
a
class
record
?,
dividend
B
stock
Nov.
6
at
par
and
equipment.—V.
i66,
p.
the
payments
50
cents;
Oct.
pro¬
of
the
and
21.
of
of
60
Div.—
cents
$2.50
Payments
Sept.
new
Nov.
1.
a
1947,
year
sales
Dec.
Prov.
weeks
March
Edison
8
50
and
166,
for
Net
per
14.
Th.s
and
75
■share
7,
Cost
the
percentage"
comparisons
1947
1961,
are
of
34.697,703
27.257,147
55,830,395
56,261,080
Carolina
15,768,502
12,157,764
20,677,113
22,672,603
000
income.
directors
declared
stock,
payable
with
75
each
Justin
R.
of
the
Net
Other
204,211,000
cents
dividend
a
Dec.
paid
of
to
12
$1
Corp.—To
This
the
President, announced
into a contract for
is
of
Co.
to
Carolina
$509,000
be
paid
800,000
South
to
subject
South
to
that
entering
Power
balance
Carolina
approval
P.
S.
and
the
share
per
closing
&
Interest
stockholders
scheduled
of
of
and
execution
upon
Co.
of
the
for
$10,200,-
SEC.
of
the
6,
holders
of
record
outstanding
for
Broad
temporary
Nov.
The
A
down-
contract,
the
1948.
weekly
kilowatt-hour output of electric energy of subsidiaries
corporation adjusted to show general business conditions of
this
of
territory served for the week ended Oct. 30. 1947, amounted to 314,859,754, as compared with 277,865,707 for the
corresponding week in 1946,
an
increase of 36,994,047, or 13.31%.—V.
166, p. 1784.
Compania
sinking fund
debentures
due
June
1,
delivery at the Continental Bank & Trust
Street, New York, N. Y., in exchange for
debentures.—V.
166,
the
Machine
Clearing
Corp.—Earnings—
Net
profit
shares
per
—V.
166,
outstanding
424,000
$3.41
the
the
424 000
share
$2.02
common
have
for
$856,828
.CONSOLIDATED
Total
FROM
JULY
9,
Subs.)—Earnings
1947, TO SEPT. 30,
for
of
$3,570,358
income
Total
Federal
taxes
income
on
profit
"The
..not
company's
consolidated,
three
-of
■
.
net
security
taken
53.000
ended
pefiod,
of
The
income
tax
$1,046,029
Sept. .30,
the
who
to
Holders
the
and
of
was
net
to
these
$2,508,208
profits
$348,683
of
the
of
carried
such
direct
sale
estimated
Financial
certain
of
to
reduction
Chronicle
securities,
earned
securities
and
surplus.
resulted
($53,000)
of
Nov.
G
by
Sofina
American
in
in
28
of
Brussels
shareholders
Luxemburg,
Sofina
those
vote
in
of
will
be
of
(&
and
Credit
and
executing
from
that
Suisse
proxies.
Luxemburg
82%
of
act
at
to
However,
various
and
of
other
expenses
Sept. 28,'4G
$36,603,023 $32,804,735
26,006,993
20,908,598
than
expenses
888,189
213,504
18'd, 32.9
99,750
121,250
$1,298,566
$4,031,833
fund
operations-.
14,521
$1,674,618
$4,046,354
of
3%
deb.
of
issuance
116.137
cxp.
debentures
income
6,452
1,482,450
goodwill
50,000
Steel
Corp.
(&
purchases,
9 Months
12 Months
dis¬
allowances--
and
$2,335,240
Subs.)—Quarterly Report
3 Months
cash
50,000
$922,361
deducting
on
122,201
1,018
585,100
tax
surplus
464.
other
$6,691,489 $20,096,294
$27,278,511
interest
income
14,264
63,209
87,860
credits
$6,705,753
$20,159,503
$27,465,773
sales adm. and selling exps.
Provision
for
depreciation
Payment of balance of past service
5,976.170
1,149,482
24,511,365
152,547
367,531
495,103
220,000
644,000
1,077,000
$998,490
$1,250,161
of
subsidiary
company,
sale of business
required after
Total
Cost
since
countries
in
at
the
their
shares
on
deposit
with
banks
unable
for the Nov. 18 meeting.
Any share¬
depose their shares by Oct. 24 now have
their shares up to and including Nov. 12
to
been
meeting.—V.
sufficient
are
Rotchschild
M.
of
available
the
bearing
notified
&
at
to
that
16(3,
1352.
p.
the
Sons
company
in
income
the
exhaust
the
London,
Chile.
bonds,
sum
of
Trust
Co.
England,
These
forms
series
has
company
Schroder
in
sa'es,
A
invited
to
pension
of
£20,191,
Redemption
in
New
York
City,
and at the Santiago
must
be
filed
not
later
99,407
of
ket,
before
Dec.
11,
1947.—V.
Dana
banks
(at
(after
and
cost
AT
hand,
on
plus
inventories
Sept.
SEPT.
30,
$2,103,197;
accrued
for
reserves
$1,288,462;
SHEET
ended
United
interest),
doubtful
(valued
1946.
States
$3,675,972;
accounts
at
30,
1947
average
and
ac¬
d scounts
cost
or
mar¬
lower), $4,917,442;
miscellaneous
investments,
$933;
buildings, machinery and equipment (after reserve for
deprecia¬
$8,578,346>, $5,571,706; prepaid insurance premiums and other
expenses, $32,806; total, $17,590,518.
LIABILITIES—Accounts
and
general
taxes,
reserves
for
payable (trade 1, $1,247,827; accrued wages,
commissions, $248,806;
accrued State,
local
and
other
$288,361; reserve for Federal income taxes, $981,524;
operating, compensation insurance, etc., $1,166,090; re¬
serves
for future
inventory price decline, $500,000; reserves frr con¬
tingencies, $150,000; common stock ($14 par value),
$7,022,680; c need
surplus, $5,949,919; cost of 249 shares of common stock held in
treas¬
ury, Dr$3,689; total, $17,590,518.—V.
166, p. 853.
Cooper-Bessemer Corp.—Offers to Buy Preferred Stk.
The
the
corporation
sale
to
sufficient
it
to
of
will
As
of
the $3
B.
Oct.
the
24,
Williams,
"The
current
demand
directors
for
before
or
15,
the
of
how
receive
stock
of
to
outstanding
products
long
it
Nov.
1,
appears
of
will
the
tid>
for
amount
an
acceptance
close of business Nov.
had
board, on
production
peacetime
determine
1947,
Notice
the
of
volume
Nov.
preference
$500,000.
company
stock.
the
cannot
than
prior
of
the
Chairman
large
$3
sum
tin
1947,
prior preference
B.
later
not
outstanding
exhaust
rejection Will be mailed
p.
B.
BALANCE
months
of
351.
William
or
three
whichever
tion
162, p.
Federal
(Reg. U. S. Patent Office)
on
"$357,036
the
in
land,
the
letter
in
securities
$155,688i,
tax__
period
$303,033
receivable
pent-up
by
income
the
ASSETS—Cash
counts
will
notified
for
with
Government
Nov.
be
131,844
Federal
CONSOLIDATED
result
a
for
income
20, 1947.
Payments will be made in English pounds ster¬
ling, United States dollars, or Chilean pesos by the redemption
agents.
Tenders
will
be
examined
in
London
on
Dec.
4,
1947, and the
the
other
premium
Frovision
in¬
N,
tenders
&
revs.
of
salaries
retain
de¬
Subs.)—Earnings
allows
and
_i
returns
Reserves
"Chade,"
present.
should
non-interest
have
bonds,
oTice
For
in
pension
Federal
after
and
of the meeting represented slightly less than
outstanding, the meeting was adjourned to Nov. 18,
depositing
forms
period
than
sold
Oct.
designated
depository
were
N.
subsidiaries
for
1947.
company
purposes,
and
Commercial
share
p.
Discounts
paca &
49.628
757,675
amounted
up,
Co.
returns
redemption
"Compares
Compania Salitrera de Tarapaca y Antofagasta (TaraAntofagasta Nitrate Co.)—Tenders Sought—
135,000
transactions)
proportionate
profit thereon of $22,414
:Federal
Ipss
the
of
not
months
$ During
.
(excl.
for
shareholders
privilege
clusive,
Net
$4.85
Sept. 27,'47
amortiz.
for
166,
Net
621,210
(estimated)
$7.90
376.051
0:1
counts,
Electricidad
opening
shares
quorum
York
order
the
received
$4,124,721
for depreciation, depletion and amortization—-Write-off of one-.half of estimated consolidation expense
tPortion of net loss orl security transactions
Interest .on long-term debt
;
1
the
in
'
New
holders
554,363
..Provision
.
the
a
on
to
behalf
in
American
1947
called
actually
the
which
at
the
income
"Dividend
'■
EARNINGS
(&
de
company
which controls
important power and
in the Argentine,
that 55 '/<
of the shares outstand¬
deposited with designated banks in various countries
received
proxies
tinte
Cleveland-Cliffs Iron Co.
Zurich
meeting
meeting
the
50%
(The)
the
from
and
Sales,
holding
been
proxies
the
1476.
p.
Americana
-
made
was
of
properties
ing
1946
$1,446,320
Common
Earnings
■
Suisse
Spanish
light
1947
Ilispano
Announcement
Credit
8 Mos. End. Aug. 31—
990,474
$2.13
Period Ended Sept. 30, 1947—
("Chads")—Meeting Adjourned—
1784.
p.
990,474
$2.26
Baking
Continental
of
South
Commonwealth,
Jan.
for
990,474
$4,803,108
990,474
administrative
income
Balance,
-V.
Oct.
on
holdings
stock
Gas
175,000
$8,002,641
Weekly Output—
the
on
175,000
shr
to
profit
Total
South
directors
its
1947—9 Mos.—1946
income
8.4
Sell
of
common
Electric
of
the
sale
the
of
Commission
made
was
at
shares
Subs.)—Earnings—
Inc.
not
Sept.
on
Southern
&
outstanding
(&
326,117
General
Amortization
Whiting,
authorized
all
convertible
30
due-
by
$2,110,557
outstdg-
com.
CciUribution
1946.
'c
1680.
p.
Commonwealth
12, $1.50 on June 13
14.
In .1946, a
distribution of 75 cents per
quarter.—V. 166, p. 664.
March
York,
accompanied
6,340.417
output
with
Carolina Power Co. Stock—
of
available
now
be
the
to
342.996
1944
1680.
New
must
subject
quoted ex-rights
after the record
delivered
$2,337,973
corre¬
1946
221,373.000
the
City Investing Co.—Definitive Debentures Ready—
<Co.
not
make
shares,
7,466,323
Premium
28
4%
directed,
be
issued
to
additional
1,180^891
Provision
142,298,904
Definitive)'
certificates
holders
$31,577,893 $22,283,135 $95,039,814 $62,999,135
3,189,311
3,686,382
13,052,647
8,029,206
1,481,338
1,400,825
5,050,006
3,051,098
delivery and selling
7.0
150,231,943
in
31
stock
common
ConSuLciated
warrants
Advertising
asso¬
ior
the, kilowatt-hour
arc
of
8.0
119,130,710
on
61,730
2z,
sha
or
1947.
js
Union.
On
$35.00
account
of
per
the
vear:
in
Dominion
fluctuations
in
the
of
Car«da.
rates
of
'"b 00
exchange,
p"
rn-fopr
remittance for
to
be
du.
to
corporatici
continue "—\
1048.
pmmtripc
np
no-
166,
vp~-
subscriptions and advertisements must bs made In New York funds.
4
.
i. i
i
SI
■
a
and
Company,
foreign
of
said:
Publishers, 25 Park Place, New York, 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and Publisher;
William
Dana Seibert,
President; William D. Riggs, Business Manager.
Published twice a week
[every Thursday
(general news and
advertising issue) with a statistical issue on Monday].
offices: 135 S. La Salle St., Chicago
Othet
3, 111. (Telephone: State 0613); 1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smith.
Copyright 1947 by William B. Dana Company.
Reentered
as second-class matter
February 25, i942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of Pan*
American
MOTS:
of
6,
advertising
Depreciation
and
over
Cost
6.7
131,810 574
made
for
1947—3 Mos.—1946
sales, lfefes dicsts.,
of goods sold
19^.608.000
$14,991,520 $16,152,490
—
cents
entitle
terms,
Oct.
on
of
Subscription
also
same
all
stock
common
will
Weeks Ended—
199,746,000
1,766,908
was
the
that
taxes
Continental
13
197,146,000
1,191,853
common
Act
holders 'Of
Nov.
charges including provisions for depreciation, taxes,
ferred maintenance, arid
year end adjustments.—V. 166, p. 369.
213.040.000
1,108,209
income
compares
Securities
on
per
June
utilities,
increase
213,693,000
1,390,503
■outstanchng
the
corporation,
all
212,856,000
1C6,
inc.
shrs.
18
6,227,103
the
adjourned
Following sli'ch
Atlas Corp. will bo
business
cash.
the
at
prhfit
11
—V.
1945
Fed.
Common
cents
1784.
p.
Company
electric
8.4'-
an
and
—
25
4,558,985
31,
in
-Exchange
for inventory arid
contingency
reserve-.
Grots
6, $1.—V.
other
Following
ago.
four
to
showed
.
pavment
Oct.
the
of
share of
one
$18
offering
that
and
profit
Oct.
1784.
Chrysler Corp.—Declares $1 Dividend—
On
made,
notice
Prov.
value,
par
of
5, last.
made:
were
and
Commonwealth
excluding
1
1946
p.
under
by
close
finally fixed by the corporation
166, pp. 1680 and 1577.
Earns,
class
G,
output
Ended
2,481,374
oper.
Corporation's
was
plan.
by
See V.
"Net
4,350,033
March
Sept.
the.past
of
Week
$12,654,881
railway
166,
the
meeting
the
of
12,238,834
971,708
.
foilowing
each;
week
1947
railway
Stock
Net
82 830
holders
on
companies,
3.318,768
from
from
be
and
above
Period End. Sept. 30—
sales
1944
128,199
Nov.
on
5
ended
$14,331,966
From Jan. 1
Gross
.Net
the
Container Corp, of America
1946
$1,543,517
Broadcasting
made
1945,
cents
railway
oper.
offer
an
at
will
Corp.
the
York
date
Ry.—Earnings—
1,453,040
present
Dec.
railway-
from
Net
the
nominated
registration
of
record
shares
of
New
offering
cents.—
8,897.897
income
the
on
were
week
Chicago Rock Island & Pacific Ry.— -Earnings—
Gross
of
Aircraft
until
on
$1,310,617
railway
sponding
authorized
unsecured
applied
effective
making
stock
Oct.
ceeds
members
of
Corp.
Convair board.
upon
the
itspect
The
common
20
totaled
pre¬
15.
the
on
with
consummation
new
contingent subscriptions,
subject to allotment.
quarterly
convertible
made
were
compared
as
cents
$983,558
railway
Electricity
3,380,397
1680.
16
each
in
340.166
totals
0;t.
cents
the
Vultee
Commonwealth Edison
Co.—Weekly Output—
Chicago & Illiniis Midland Ry.—Notes—
on
$13.20.—
37 Vss
cumulative
holders
to
1
$3
and
of
permit
nine
segregation
action,
later
141,856
railway
ICC
of
.
directors
In
$1,116,866
307.936
Net
The
such
com¬
$1,255,990
income-—
oper.
payable
1944
$1,327 372
.
ry. oper. income
"Deficit.—V. 166, p.
the
on
1947
Columbia
From Jan. 1—
Gross
to
the
"After
share
ry.
year-end
a
dividend
stock,
Sept. 1, last,
Payments during the
railway
oper.
ry.
1476.
railway
oper. income
16,
quarterly
and
"Deficit.—V. 166, p.
Chicago Indianapolis & Louisville Ry.—Earnings-
Net
a
share
per
railway
from
Net
2,377,055
September—
from
the
on
Nashville
above
1E47, or
date on which such registration becomes
effective, shall
have the right to
subscribe, on or before Nov. 28, 1947, for comhtfon
stock, of $1 par vafiSe, of The Nashville
Corp., to the extent of two
shares
for each
four
shares of common stock ,of
$1 par va.iie, of
Consolidated Vultee Aircraft
Corp. held.
Subscriptions may bs made
only for two shares, or multiples thereof, and the
subscription jbrice
"
this year.
following dividends: April 1,
i,
the
6.861.838
1,991,487
<
1,375,239
from
made
were
holders
to
From Jan. 1—
Gross
22,696,225
4.183,449
166, p.
each
15
to
and
common,
1576.
from
The
Net
l
1947.
Net
income
"Deficit.—V.
Gross
cents
Colorado &
$2,374,815
437,113
railway
railway
from
75
p.
Net
1947
from
Net
Net
payable Dec.
Dec.
common
September—
From Jan. 1—
Gross
1,
Net
$2,611,955
railway
railway
oper.
$5.60
Oct.
and
declared
outstanding
June
on
Gross
Chicago Great Western Ry.- -Earning:-
Net
each
1476.
p.
"
Gross
of
166,
20,101,145
income
oper.
20
Contingent
1933,
the
the
68,856.979
railway
166,
of
and
received
stock, both payable Dec.
Quarterly distributions of 25
stock
177,346,463
51,507.828
have
the
on
March
156,167,559
railway
$5.60
1,
1
stock
ferred
$16, 341,213 $18,563,710 $20,609,940
From Jan. 1—
Gross
directors
dividend
1944
1945
1946
1947
railway
July
l,
common
ooth
elected
$20.65
dividend
564.
p.
share
$19,280,044
railway
oper.
stock,
of
Colorado Milling & Elevator
Co.—Larger Dividend—
Chicago Burlington & Quincy RR.—Earningsfrom
A
dividend
semi-annual
regular
for each
,
September—
class
year-end
a
the
and
166,
The
Gross
stock
Distributions
April
Oct."
and
166,
the
declared
3
common
on
Dec.
assumfe obligation
Oct,
oh
liability
Nov.
on
the
on
of not exceeding $5,306,000 of 1%%
serial
equipment trust certificates, to be issued by the Title Guarantee, &
Trust Co., as trustee, and sold at 99.545';/ of par and accrued dividends
The .ICC
and
Nov.
for
following the
consummation
Coca-Cola International Corp.—$20.65 Common Div.^—
,
6
agreement
provides
non-aviation interests into
4,672,653
1476.
until
"Deficit.—V.
Nov.
on
The
5,676,784
5,060,933
__
income
oper.
166,
stockholders
Corp.—Rights, Etc.—
approved an agreement of sale, dated
3, 1947, between this corporation and its
wholly owned subsidiary,
Nashville Corp. (Del.) and Avco Manufacturing Corp, (Del.).
>
Oct.
From Jan. 1—
Gross
from
Net
ry.
railway
railway
from
Net
From Jan. 1—
Gross
from
Net
with
increase
an
Stores, Inc.—October Sales—
Period End. Oct; 31—
Charleston & Western Carolina
to
the corresponding
1784.
p.
Consolidated Retail
664.
p.
18;
company
$0.77
$2,644,82a.
tribution
2,520,000
but
166,
NOV.
on
tricity
$2,405,657
1351.
p.
inviting bids for the purchase from it of $30,003,000
refunding mortgage bonds series D, due Nov. 1, 1972. Bids
by the company at 4 Irving Place at or before 11 a.m.
received
(EST)
1947—9 Mos.—1946
$1,091,708
$498,786
charges
increment.—V.
company is
and
will be
Weekly Output Increased—
$634,173
surtax
3
Consolidated Edison Co. of New York, Inc. — Public
Invitation for Bids for Purchase of
$30,000,000 Bonds—
sub¬
Co.—Earnings—
1947—3 Mos.—1946
taxes-
Net profit
Capital shr. outstdg
Earnings per share
1,210,836
719,407
•
income
-V.
Fed.
$159,416
income
Deduct,
"Profit
$1,349,831 $13,345,237
601,538
income-
added
The Cliffs Corp. for the period from
July 1, 1947, to
(date such companies were consolidated to form the
Cleveland-Cliffs Iron Co.), aggregated $133,826.—V. 166,
The
1947--9 MoS —1946
1947—Month—1946
$1,482,181
revenue
oper.
been
company
(1887)
and
1947
8,
Ciimax Molybdenum
Earnings—
has
CHRONICLE
corresponding charge to profit and loss.
a
profit
Period End. Sept. 30—
Central
FINANCIAL
1476.
"$1,921,490 "$3,917,929
1784.
p.
to
surplus with
sidiaries)
July
present
p.
Net
due
taxes
earned
NOTE—The
$27,795,506 $33,250;461
$3,150:432
income-
income
Deduct,
to
1947—9 MOs—1946
1947—Month—1946
revenue
Oper.
ry.
Gross
COMMERCIAL
rrayjrwggjffiff
TsBm
4
THE
(1888)
together
Copperweld Steel Co.—Earnings—
9 Mos. End.
Profit
Fed.
after
&
Sept. 30—
charges
State
inc.
$1,663,315
taxes
$171,500
148,569
723,812
inv. fluctuations
Res. for
the
1944
$554,293
1130,277
1945
$852,164
1946
1947
COMMERCIAL
*326,536
of
450,000
profit
before
not
tax
profits
$424,016
$525,628
result
Pro
of
share
against
chgd.
prior
board
res.
Com.
opers.
$489,503
$188,727
$525,628
514,8b4
514,864
514,864
514,864
outstdg
yearo.—V.
prior
of
$0.25
$0.83
share
per
166,
income
income
and
taxe;_-
Depreciation
profit
-
dividends
Common
-
-
—
1,215,000
$6,099,088
1,290,093
4,924,700
$5,418,199
1,290,093
4,924,700
$o,120,154
+$622,503
+$115,705
11,162,299
$1.90
$1.70
in
$738,944
166,
1944
for
1946,
in
$1.63
other than Federal
taxes
in
$783,635
tDeficit.
taxes.
income
and
1945,
853.
p.
2663.
p.
1947—12 Mos.—1946
2,b8J,747
3,050,067
768,297
1,125,733
1,085,54c
1,126,8C4
1,451,869
1,377,402
purchased
for
depreciation—
Provision for taxes;
Federal
income
excess
profits, net
postwar
and
178,415
267,261
CAPITALIZATION AS
263,458
382,069
347,198
Net
Other
oper.
$1,825,517
$1,987,084
$2,444,655
$2,498,776
154,307
126,071
217,084
152,755
$1,979,824
$2,113,155
$2,661,739
$2,651,531
353,545
403,370
474,145
554,134
$1,626,279
$1,709,785
$2,187,594
$2,097,397
212,500
revs
120,000
252,500
Net
income
Bal.
dividends
for
Shs. of
___
and
services
Tax
12 Months
7 Months
948,751
80,098
154,961
24,807
stock--
$1,413,779
$1,589,785
$1,935,094
$1,937,397
stk.
outstdg,
1,162,600
1,162,600
1,162,600
1,162,600
$1.22
$1.37
$1.66
profit
Capital shares outstanding
Earnings per share
—V.
164,
$1,028,849
478,515
$2.15
$179,768
478.515
$0.37
-
share_
com.
than
maintenance
and
purchased
and
power
be
sold
nection
at
of
filed with
1
first
the
to
of
Leaders
with
Inc.—Registers
America,
bidding.
Proceeds
The
periodic
with the
filed
30
$10.000.000
of
Corporate
SEC
series
Fund,
B.
payment certificates, and 433,528 participation; also $500,000
Leaders Trust Fund, series B. single payment certificates,
to
are
be
used
for
construction
and
devel¬
and other corporate purposes.
of 25 cents a share.
In
the underwriter will
purchase, on a
and
shares
of
stock
of
additional
the
to
up
Oil
end
of
be
generating
1349.—V.
Interests,
due
used
U77,
in
sold,
1,750
TRANSFER
United
both
AGENT
the
for
States
of
15
Gross
AND
addition,
the
of
Co.,
purchase
the
N.
the 5,000
as
transfer
at
$1.50
and
J.—V.
and
agent
respectively,
are,
Registrar
Place, Jersey City,
will
company
stock
will expire on Oct. 31,
warrants
corporation
and
the
pro rata basis
to
REGISTRAR—The
securities
Corporation
Exchange
and
from
Net
from
Net
the
Co.,
Transfer
166,
1681.
p.
ry.
Denver,
1947
railway
1945
1944
$347,562
$342,371
34,597
23,384
71,897
94,334
"28,527
626
48,417
70,815
4,011,971
3,043,995
3,196,300
3,237,371
736.803
302,951
634,254
728,573
352,363
*68,467
449,529
518,823
income___
oper.
1946
$488,117
railway
$388,015
Prom Jan. 1—
an
Gross
from
Net
565.
p.
warrants
per share at 1 cent per warrant, which
1950.
con¬
involves
transmission
166,
Inc.,
are
Duluth South Shore & Atlantic
Ry.—Earnings—
statement
bonus,
which
program
5,000
commission
a
sell
has agreed to use its best efforts
and the company has agreed to sell through
shares of common stock at
$1.50 per share,
company,
railway
railway
income
from
ry.
oper.
"Deficit.—V.
Colo.—
166, p. 1477.
Files with SEC—
The
for
company
H.
proceeds
test
Oct.
on
shares
500.000
Underwriter,
J.
filed
27
(10c
letter
a
stock,
pari
Newton
and
A.
of
be
to
notification
offered
with
the
71cents
at
be
to
are
used
B.
Kamp i: Co.. Doth of Denver.
purchase oil and gas leases and drill
to
of
1946
Gross
$5,012,850
4,o39.561
8,064,318
$2,107,897
$1 348.537
166.155
157.762
Feb.
186.449
165,503
$1,025,267
46,002
78,211
28,300
and
administrative
the
directors
This
17.
20,9 03
expense
of
declared
capital
is
issuing
be
made
will
cash;
$1,755,293
profit
expense
General
5,
outstanding
Nov.
ment
$6,647,448
sales
Selling
Nov.
presently
record
Instead
1947
sales
Cost
On
the
4'o
a
stock,
stock
payable
first dividend
dividend
Nov.
since
28
the
th©
on
holders
to
2-for-l
stock
of
split-
up effective on Oct. 9, 1947, and corresponds to the two 2r'c stock divi¬
dends declared during
the first half of the preceding fiscal year on
the lesser amount of stock then outstanding.
Derby Oil Co.—Earnings—
Net
Duplan Corp.—To Pay 4% Stock Dividend—
SEC
share.
a
well.
registration state¬
a
Leaders Trust
the
underwriter,
such
fraction
a
cash
in
of
of
share
a
the
market
to
stockholder,
any
value
Nov.
on
17,
pay¬
of
1947,
fraction.
Previous
On
corporation on Oct.
covering
proceeds
September—
would
construction
SEC—
ment
applications,
for
sell
the
gas.
registration
a
trust
company's
facilities
SEC
collateral
$30,000,000
over
the
mortgage
competitive
with
outlay
Nov.
on
$10,000,000
9 Months Ended Sept. 30—
Corporate
property
opment of helicopter rotors,
Registers $10,000,000 Bonds with SEC—
The company
covering
2284.
p.
Outstanding
shs.
$1.67
per
The
Net
20, 1947
Authorized
300,000 shs.
and
PURPOSE—Net
registrar
com.
com.
"Other
$9,579,029 $19,308,588
special
SEPT.
accepted as investments by the parties concerned:
F.
Finley, Vice-President, legal services,
5,500
shares; rent
payment, 1,200 shs.; engineering and advisory services, and in payment
of salaries,
7,295 shs.; purchase of rights to U. S, Patent
less
income
deductions
Denver-Rangely
credit
& other adj. credits
before
OF
$1)
Gerald
160,000
income
Income
(& Subs.)—Earnings—
sales
Profit
(par
UNDERWRITER—The underwriter
distribution
Period Ended Julv 31, 1947—
Net
the
*166,845 shs.
30, 1947, an additional 7,200 shares were sold under
letter of notification dated
Sept. 18, 1947, for a total of $9,000 cash.
These shares were issued as
follows: (a) to public for cash ($75,050)
under previous letters of
notification, 75,050 shs.; (b) to public for
cash ($3,500) under letter
of notification dated
Sept. 18, 1947, 2,800
shs.; (c) in addition the following shares have been issued
for
Net
Coro, Inc.
through
Sept.
233,647
285,840
either
market.
stock
132,822
201,539
local
obtained
the
commercial
75,000
credit—.
Federal
be
can
orders from
private companies that have evidenced
company's project, or from financial interests.
In addition, at the
request of the Air Materiel
Command, the com¬
pany is studying the application of its
designs to a helicopter of 8,000
pounds gross weight.
This size is judged to be well
suited to a broad
in
Since
$9,903,299 $14,800,578 $13,135,381
3,173,246
__
capital
,
1947—9 Mos.—1946
$11,199,430
___
expenses
working
cash
of
interest
Capital
1,255.524
to
$550,799
1947.
further
_
852,703
$9,404,505
$4.67
in
$703,860
Monday, November 10, 1947
hand,
the
of
938,307
10,201,099
$25,376,270 $10,891,140 $11,046,595
Sept. 30
shr. on com.
per
Includes
—V.'
165,
meeting
Prov.
+$796,594
11,513,643
-
stock
*
1947.—V.
Exchange.
at the regular
upon
3,601,439
1,215,000
19,256,115
-
_
Stock
acted
901,118
State
1,215,000
$5,592,283
1,290,086
4,924,700'
$13,092,583
1,290,082
5,682,346
Dec~~31-II
Surplus,
Earns,
be
3,884,160
Earned
Surplus
Surplus,
does
4,213,922
Preferred
Net
3,
York
New
will
revenues
gas
Other
1946
1945
1944
$9,941,726 $11,662,131 $10,368,456
1,517,357
1,065,891
916,686
1,350,000
-
Preferred dividends
plan
the
of
receipt
520,058
Fed.
$26,274,093 $11,459,083 $12,728,023 $11,285,142
11,831,510
4,651,799
5,413,935
4,615,944
—
State
the consummation
the
2,280,970
&
Gross
Total
and
694,258
Co.—Earnings—
1947
$22,979,994
3,234,098
30—
Profit from operation
*Fed
stockholders
of
2,995,177
(Including Subsidiary Sales Companies)
.
on
Maintenance
Power
,
464.
p.
Corn Products Refining
9 Mos. End. Sept
act
gain to the corporation or to its stockholders,
that the plan will be carried into effect on or about
will be made for tie listing of the 5'/o pre¬
the
on
Dec.
on
of
Other
to
Application
dividends
"Operating
$663,547
$0.90
$1.15
"Includes
$34,472
prior years taxes.
+No provision for Federal
taxes required.
tRepresents carry-back of unused excess profits tax
credit
approval
Period End. Sept. 30—
Crl65,796
years
shares
meeting
Delaware Power & Light Co. (& Subs.)—Earnings—
profit
Earnings
stockholders'
taxable
a
stock
Operating
Net
requisite
zjy.oJi
rata
In
in
1943.
2,
Cash
taxes
credits
special
CHRONICLE
leeeipt
the
to
is contemplated
ferred
$22,931
$489,503
credit
JExcess
the
of
confirmatory tax ruling that
a
it
notice
FINANCIAL
same.
Subject
Jan.
Net
with
&
payments this
31, 30 cents in
Jan.
stock;
and
Aug.
1,
50
cents
30
1,
in
cash;
cash;
and Oct.
18
prior
year,
May
the
March
in
cents
to
and Dec. 27, 2%
were
follows:
as
18
and May 28,
2each in
Disbursements in 1946 were:
cash.
28,
split-up,
in
2'c
stock;
1,
Aug.
30
in
cents
each in stock.—V. 166, p. 1577.
Corporate
22.383
and
participations.
Inc.—V.
Co.,
152,
Sales
is
agent
Corporate
Leaders
Balance
Sales
Miscellaneous
1537.
p.
Other
Curtiss-Wright Corp.—Asks for Class A Tenders—
The
for
sale
until
will
company
the
of
it
to
the
close
business
of
shares
500,000
to
up
of
3
Dec,
class
bids
$20.50
at
per share.
The directors approved this call on Nov. 3.
G. W. Vaughan. President, last August pointed out that the company
had
some
$60,000,000 of excess working
capital,
with current net
working
capital at
$50,000,000
about
the
company's
business
the
was
time
uired
re'
surplus
around
at
funds
ior
have
$110,000,000
operations.
current
been
used
which
of
in
acquiring
Other
of
shares
class
of
stock
A
184,865
29,914
30,283
Undeveloped
leasehold
rents
Surrendered
leaseholds
and
Prov.
Federal
for Fed.
and
revenues
$955,213
expenses
485,961
339.097
4,751,671
3.956,385
187.957
154,609
1,765.351
$11,844,898 $10,181,634
139,470
93.883
1,304,724
1,179,444
79,414
78.282
947,766
936,713
Other
income
int.
Net
$2,638,116
6
371
8,103
$289,348
$3,075,757
$2,646,219
4 J.667
46.667
560,000
income
6,727
72,086
Transfer to surp.
carried
$235,954
86.898
res.__
to
$2,443,671
and
$146,895
Dividends applicable
$141,245
outstdg. 41/2*/e
to
pfd.
$2,010,986
335,370
$1,725,828
Balance
—V.
166,
334,935
$1,390,893
depreciation
and
&
oper.
other
Cost
revs.,
income
of
sales
SEPT.
hand,
on
$1,340,681
other
notes
payable
of
fixed
$4,256,7fc4i,
and
provision
accrued
(after
1947—9 Mos.—1946
Gross
(banks
for
4,809.082
18,976,533
unsecured!,
&
$1,186,887
18,008
$4,368,397
$2,981,250
8,003
depletion
cancellation
Fed.
&
25,527
56,868
ry.
leases
4G1.925
519,630
1,403,499
1,374,119
taxes-
310,500
180.100
986,400
362,400
income
income
As
at
$621,340
per
Sept.
30,
liabilities
were
—V.
p.
166,
$469,149
$1,952,970
$1,187,863
$1.56
$1.17
$4.89
$2.97
share-.
1947,
current
$4,023,318
or
a
Stores
meeting of
to
Corp.—Plans
the
recommend
recapitalization
directors held
to
which
the
of
the
outstanding
with
common
on
the
Oct.
one
plan
in
but
or
5'/o
the
preferred in respect of each four shares of
the number of common shares
outstanding
authorized
the
30
it
was
approval
authorization
the
stock
5% Preferred Stock
on
stockholders
includes
accordance
Recapitalization—Com¬
Dividend
par value preferred stock? issuable in
series
consisting of 60,600 shares of
distributable in
of
more
unanimously
a
plan of
of
$2,500,000 of
series.
preferred
stock
The
$20
initial
would
be
$48,912;
taxes
gasoline
accrued
rata among the holders
ratio of one share of 5e,b
common stock outstanding,
remaining unchanged. The
unissued
5%
preferred and have
the
benefit
of
a
sinking
or
purchase fund out of
current
earnings, such restrictions on the issue of additional
preferred
such voting rights on default of dividends and on
special mat¬
ters, and such other protective
in the plan of iecapitalization
provisions
to
be
as
mailed
will
be
set
to
last
15,
year,
held.
chare
President
took
and
three
General
FOR
QUARTER ENDED SEPT.
than
forth
to, stockholders
in
full
shortly.
dis¬
June
share©
said
it
pay
th©
on
on
additional
the
rather
and
Manager,
pass
payment
action
no
Semi-annual
1947,
16,
th©
of
out
30
1946
$908,308
*$1,062,607
Nil
$9,44
share
per
income.—V.
166, p. 267.
18 East 41st Street Corp., N. Y.—Interest—
directors
The
have
authorized
disbursement
interest
an
payable Nov. 1, o«n the income 412,.«
mortgage bonds.—V.
2'4
of
1431.
152, p.
and
taxes,
miscellaneous
$400,000;
contingencies,
$135,619;
etc.i,
accruals, $6,735;
stock
common
Electric Boat Co.—Moves Offices—
salaries
(of
$8
Effective
Nov.
the New York and Washington, D. C., offices of
located at 445 Park Avenue, and 1200 Eighteenth.
announced.—V. 166, p. 1681.
1,
this
company became
St.,
N.
W., respectively, it is
par
Electric Bond &
Interest
Share Co.—Quarterly Earnings—
$119,523
$79,489
36.797
9.136
18.299
48,114
20,952
77 6
10,082
1.309,209
975,169
736.744
738.5C4
540.671
254,301
97.764
88.387
299,865
134.658
29.324
Net
ry.
—V.
income___
oper.
166,
1944
Other
income
Interest
Income
and
operating
Ltd.
(&
$3,627,025
$3,335,741
States
1946
30,915,263
27,705,367
share
above
$4.88
Cash
$2.72
after
are
-—-HISTORY
AND
offered
as
speculation.
a
Other
August,
in
Stratford, Conn.
1945
ing through the proper development cf
different in
A
certain
rotor
lifting
which
system
blades
the
flight
not
all
rotor system
generally
Rotor
rotor
Unit
existence
system
can
be
the blades
helicopter",
described as
motion to the
revolve,
tests has
certain
and
stress
caused
placed
and
an
in
in
present
day
for
a
being
Air Materiel
The
It is
substantiating
data
which
has
with
give
a
smoothness
helicopters,
and
manufactured
been
company
is
of
(net
utilities
ledger
as
$3,185,561
of
Jan.
1,
1945)
1946
$
value)
(net ledger
$
79,452,489
79,452,489
30,588,782
value;
Inc
88,015,004
1,790,000
(on demand)
interest
1,790,009
12,052,319
—
(short-term securities)
10,456,194
69,104
68,604
€62,812
receivable
assets
272,813
200
209
1,218
1,462
charges
31,963
-
stock
124,616,924 180,088,732
value)
Accrued
,
26,251,788
due Feb. 25, 1949
26,251,783
25,500,000
payable
506,204
interest—bank
Dividends
Pfd.
($5 par
payable—banks, 13,a'.o
Accounts
loans
392,134
43,385
-
_
declared
1,059,917!
taxes
727,278
-
605,787
dividend
Capital
Earned
requirements to March 6, 1947
adjustment and contingency reserve
surplus—since Jan. 1,
1,471,779
62,485,109 145,222,353
9,103,160
5,084,983
1945—
Total
hinged
or
which
or
submitted
—
124,616,924 180,088,733
166, p. 1577.
the
in
an
Electric Power & Light
For
currently seeking contracts with the government.
the company that with government contracts in
the
week
ended
Corp.—Weekly Input—
Oct. 30,
the System input of subsidiaries of this
corporation amounted to 65,116,000 kwh., an increase of 11,298,009
kwh., or 20.9'/o, over the corresponding week of 1946.—V. 166, p. 1789.
in
1947,
to the
Command.
the opinion
utilities
deferred
Notes
Elk Horn Coal
today.
provided
Accounts
Total
There
Development testing conducted since the first flight on July 11,
has
$4,006,177
SHEET, SEPT. 30
helicopter,
strain, which before the introduction
unduly short blade lite.
The Doman
helicopters
$901,612
BALANCE
to Restatement of
Services
Common
the hue around
The Doman Rotor
controls.
been found to operate
experienced
eradication of extreme
this
be
270,302
Prepayments
Other
—V.
may
forward
and
power
System from
of
a
important essentials from the articulated
being used today.
type
111,563
1947
current
Accrued
BUSINESS—Company was incorporated in Delaware
and has established its principal place of business
Company was organized for the purpose of carry¬
in
127,520
974,973
Securities and Advances:
banks
in
504,810
90,730
2,017,410
LIABILITIES—
Doman Frasier Helicopters, Inc.—Stock Offered—John
are
436,227
30,032
242,347
$575,222
States
Accrued
1726.
Nickerson & Co., Inc., New York on Oct. 27 offered 5,000
shares of common stock
(par $1) at $1.50 per share.
These Securities
loans.
Temporary cash invests,
accounts
are
expressed
in
United
"Lnst-In-First-Out" inventory account¬
ing and other year-end adjustments.—V. 165, p.
130,315
?2,606
consolidated
and
currency,
United
$52,235,489
taxes
78,576
income
Ebasco
1S47
$74,027,765
$43,112,502 $24,530,122
common
$4,792,873
ASSETS—
Subs.)—Earnings—-
Net
profit
Earnings per
$5,820,846
227,236
(Giving Effect
1947—3 Mos.—1946
$1,134,772
charges.
profits
excess
$1,304,306
taxes—
bank
on
Investment
Distillers Corp.-Seagrams
all
45,300
$1,015,203
COMPARATIVE
1477.
after
1,750
expenses
Foreign
Profit
2,689,443
438
taxes
Other
Up 15 U—
1947—Month—1943
$1,374,411
166, p.
$2,058,123
3,736,596
438
income
Federal
Net
Stores Corp.—October Sales
Sales
$2,082,500
781,368
income
Gross
1477.
p.
$522,500
492,265
30,034
1945
Other
railway
railway
1947—12 Mos.—1946
$522,500
income
$88,656
89,001
1947—3 Mos.—1946
income
Dividends
1946
$169,773
from
from
pro
preferred stock will be reserved to meet the
future financial requirements of the business. It. is intended that
such
initial series of 5Vc
preferred stock be redeemable at $21 per share,
be convertible for a period of ten
years into common stock at 25,
i.e., in the ratio of eight shares of common for ten shares of
stock,
charges,
From Jan. 1—
Gross
$11,589,757 and current
working capital of $7,566,438.
net
a
mon Holders to Receive
At
$1,-
were
564.
Davega
voted
assets
wise
June
loss
Earnings
com¬
1917
income
oper.
NOTE—The
Net
Net
it
1
December.
on
funds.
RESULTS
depletion
&
of
inc.
state
lor
Ry.—Earnings—
railway
railway
from
14,024,634
$1,401,768
Deprec.
inventories,
reserve
$574,917;
income
1947, $67,089;
from
Net
$5,995,970 $23,344,930 $17,005,883
6,476,813
expense
each
Period End. Sept. 30—
oper.
income
On May
for
Nov.
in
made
receivable
4,000 shares of
Fiscal Years Ended July 31—
Net
felt
"Net
deferred
(trade),
(Federal
taxes
15,
Detroit & Mackinac
—V.
expenses
Interest
$505,949
accounts
$483,123;
tsecuied by
assets
$3,490,281;
payable
Period End. Oct. 31—
1947—3 Mos.—1946
$7,873,581
issued
on
payable
were
158,182
value), $2,147,862; capital surplus. $329,035; earned surplus, $2,084,581;
total, $6,243,779 —V. 166, p. 1048.
Diana
incl.
credits-
is
Eddie Rickenbacher,
borrowed
1947
30,
$874,610;
$7,7661,
accounts,
$31,500;
i,
$25,959:
wages,
$471,934;
Deep Rock Oil Corp.—Earnings—
Period End. Sept. 30—
Sales
doubtful
SHEET,
and
receivable—from officer
note
Net
1353.
P.
banks
LIABILITIES—Accounts
$1,675,616
334,935
stk.
1946.
16,
were
meeting held
each
cents
total, $6,243,779.
75,233
717.843
94,709
their
ordinarily
25
Dec.
Capt.
board
of
100.896
421.850
conting.
corp.
surplus
earned
in
for
reserve
Net
Bal.
and
taxes
September—
$233,793
and
stock
of
560.000
3,510
deducts.__
&
$3,075,386
$283,970
__
bonds
mtge.
on
$289,342
__
income
Gross
Other
inc.
$924,851
dividend payable Dec.
$283,970
revenues
28
Net
pany's capital stock
1,470,976
oper.
which
tributions
1947
315,354;
1947—12 Mos.—1946
taxes
Int.
State
income
(less
Co.—Earnings—
Depreciation
Net
directors at
dividend
'
166,
$1,176,772
taxes
de¬
Eastern Air Lines, Inc.—Dividend Omitted—
The
additional
outstanding.—V.
1947—Month—1946
166
112.500
BALANCE
Operating
Operating
Other
non-productive
velopment
ASSETS—Cash
Dallas Power & Light
19.041
125!
164.852
p. 948.
Period End. Sept. 30—
U 797
•
138.833
Net
1,158,651
are
charges
$1,124,387
Depletion
only
Some
$1,824,595
Depreciation
enterprises.
There
net
revenue
Total
receive
stock
A
operating
income
have
Corp.—Partial Redemption-
been called for
redemption
$95,700 of collateral trust 4 %
on
Dec.
1, 1947,
at 101 and
sinking fund bonds due Dec. 1,
Payment will be made at the Mercantile Trust Co. of Baltimore,
trustee, Baltimore, Calvert and Redwood Streets, Baltimore, Md.—
interest,
1956.
V.
165,
p.
2664.
Volume
Number 4645
166
Equitable Office Building
THE
the
The
Oct.
Federal Judge J. C. Knox signed an order confirming
reorganization plan.
The plan as finally accepted by the
approved by the stockholders is a revision of plans sub¬
24,
revised
Court
and
mitted
FINANCIAL
&
CHRONICLE
for
company
capital
&
Providence,
of
Littlefield
share.
ceeds will go
riled a letter of notification with the SEC
stock (par $1), to be offered at $4.50 per
Oet.
on
shares
500
30
Co.,
I.,
R.
selling stockholder.—V.
to
will
166, p.
act
agent.
as
(1889)
offered
Finch Telecommunications, Inc.-^-Files with SEC—
Corp.—Revised Plan Con¬
firmed—
On
COMMERCIAL
Pro¬
800,000
$14,750,000 Bonds Privately—The first step in
carrying out the reorganization of the corporation (name
changed to Equitable Office Building 1913 Co., Inc.),
under the provisions of the reorganization plan spon¬
sored by Wertheim & Co. and confirmed by the Federal
Court, was taken Nov. 1 when the first mortgage out¬
standing on the corporation's properties was refinanced.
Guaranty
for common stock
agent
of
Co.
Trust
(no
New
York
been
has
value).—V.
par
166,
SUMMARY
Under
the
debentures
In
full
a
first
terms.
of
to
Period End. Sept. 30—
Railway
1947—Month—1946
1947—9 Mos.—1946
$75,299
$81,638
$691,499
Railway oper. expenses-
62,625
60,485
575,471
$12,674
$21,152
$116,029
3,970
$175,584
4,000
3,984
46,364
of
loan
a
Will
be
which
stock,
from
two
Livs.
they
l's
Including
The
is
plan
indebtedness
mortgage
new
by
underwritten
the
sale
of
share and the balance of $2,250,000
About
$1,666,000 of
debtor's
the
the
for
present
each
share
the
first
as
stock
new
at
$3
share.
per
Responsible
shares not subscribed for by stockholders
right
to
first
about
mortgage of
of
$15,583,000:
be refinanced
To
contingent
Interest at 3.7%
for
3
years;
of approximately $993*000 annually on the
which includes interest at the rate of 4.4%
charges
(6)
522,728
•
(7)
the
shares
will
Shares
number
Price
(9)
Estimated
the
but
until
for
&
Baker,
Evans
&
be
holders
loan
to
for
stockholders,
five
each
offered
shares
to
for
underwriters:
to
Total
if
of
less
additional
increase
shares
old
Any
but
stockholders,
to
old
stock¬
each
to
be
to
60,000
issued:
be necessary to increase to
may
underwriters.
to
(Total
hand
on
reorganization
matured:
then
issued
for
consummation
expenses
$840,000,
or
only
share
Inc.,
stock
the
less
not
of
Kirkcby
the
of
stock
be
may
Cullman
Hallgarten
Corp.
underwritten
been
has
Corp.,
Brothers,
by
Inc.,
&
Co., Values, Inc.,
Overiseas Securities Co.,
and
by
stockholders,
for
by
out
166,
shares
less
of
out
have
the
shares
60,000
of
if
or
stockholders
pose.—V.
underwriters
of
offered
than
to
capital
to,
The
Office
Oct.
on
Chemical
pointed
Building
24
Bank
shares
Corp.
authorized
&
Trust
$6,850',000
for
trustee
1947—second
purchase
stock
at
$3
the
new
not
subscribed
for,
not
authorized
of
subscribed
for
that
pur¬
above.
the
ICC
series.—V.
for
Oct.
on
not
provide
166,
Co.,
York,
New
serial
equipment
has
Y.,
N.
trust
been
ap¬
certificates
of
1786.
p.
exceeding
funds
authorized
27
for
the
The
$80,000 aggregate amount, to be sold at par
the
purchase of certain equipment.—V.
109,
Agent—
$7,055
$16,284
$74,024
3,271
29,851
agent,
stock
Profit
Trust Co., New York, N. Y., has been appointed trans¬
dividend disbursing agent for the common $5 par value
166, p. 1049.
corporation
of
Nov.
3
announced
Longchamps,
Exchange
Inc. stock
stock held has
Euffet
involved
have
made
Oct.
on
on
been
settled.
The
as
been
stock
The
delayed
until
distribution
legal
one
of
offering 100,000 shares of
at $3 per share.
These
speculation.
a
Co.,
and Transfer
York,
New
and
City, N. J. Registrar, United States
and 15 Exchange Piace, Jersey City, N. J.
Profit
166,
into
rich
a
makes
was
the
Florida
in
incorporated
obtained
be
changed
has
to
been
Ramie
is
for
the
the
that
pounds
Orient,
used
the
lrom
present
where
industry
meal
of
use
Ex¬
cattle
tensile
produce
In
as
it
and
entire ramie
is
1786.
charter
Aircraft
on
to
H.
Oct.
29
locate
division
its
in
Corp.—Moves Office—
approved
an
principal
Hagerstown,
&
to
was
Radio
amendment
office
at
Md.—V.
the
166,
to
the
office
p.
of
cor¬
its
1478,
Corp.—New Director
Euesching,
President of the Lincoln National Bank &
Wayne, Ind., has been elected a director, succeeding
Francis L. Elmendorf, resigned.
Co..
Fort
Buesching
surance
Co.
and
is
also
of
or
respects,
some
13,
plant.
ramie
On
Nov.
all
are
leeds.
the
there
known
the
of
fiber
Ramie Products
waste.
fibers.
vegetable
fiber
dry
inch,
Recent
from
ranges
greatly
designed to
of
the ramie plant, the top of the
suitable for making liber, are used
meal
poultry feed by
surpasses alfalfa meal.
and
dehydra¬
witnstand
a
wind of hurricane velocity
a
State land
purchase contract.
An
approximately 640 acres owned in fee, has been
with canals, levees and lateral and seepage
additional
improved
by
ditches, and
it is planned to develop this property as a ramie plantation.
The company
now purchases its ramie by contract from a number
of growers who have planted about 1,000 acres of ramie for the purpose
in the area served by the company's p;ocessing- plant.
Until such time
of
prove
more
economical
lor
the
plantation the company intends
purchasing
ramie
from
company
to
to
use
ramie
from
continue its present policy
these contract planters.
is purchasing its green ramie from plan¬
the State of Florida as well as private growers.
The State is offering every
encouragement to the company in orderto establish ramie as a profitable Florida crop and also to provide
a
cheap feed of excellent quality for dairy and beef cattle, as well as
poultry, thereby encouraging dairying and the raising of livestock and
poultry throughout the State.
By diversifying its sources of green
ramie, the agricultural risks are thereby considerably reduced.
Ramie roots are planted initially and continue to produce year afteryear without replanting.
These roots, planted under conditions similar
to those of the company's sources, have produced regularly tor a period
OPERATIONS—Company
tations
ten
operated
of
the
cuttings per
The
own
green
special
by
and are still producing.
years
Everglades,
the
yield
ramie is harvested in
harvester-binders and
as
a
the Wayne
director
of
the
Pump Co.—V.
Lincoln
166,
pp.
$2,759,566
and
233,984
160,000
677,000
2,354.000
24,375
847,000
$1,139,044
$4,340,643
period—
89,644
260,056
stock
$1,049,400
$4,080,587
outstanding
1,779,888
1,7".9,888
$1,472,573
1,641,924
$0.59
$2.29
$0.90
the
common
for
Co.
income
Dominion
and
taxes
(&
$1,728,191'
255,618
dividend.—V.
preferred
Subs.)—Earnings—
cattle and
1947
163,
acre
is
thiee
to
four
10-ton
by the company using its
brought to the plant on special
the field
is
1946
1945
$364,418
$223 560
$434,563
151,700
92,111
333,174
taxes
income
$212,718
$131,449
$101,389
outstanding
357,912
357,912
357,912
share
$0.59
$0.37
$0.28
common
2156.
p.
Wood
Industries, Inc.—Earnings—
Quarter Ended July 31—
Net
Net
loss
—V.
1946
1947
sales
$7,783,653
$5,561,174
159,100
378,246
166,
1578.
p.
E.
F.
Net
Schaefer,
sales
those
for
President,
the
first
contingencies,
to $1,461,794
as
1946
provision
with
Inventories
for
compared
of
the
1947
of
4.7%
were
higher
than
1946.
possible
first
inventory
months
nine
the
for
losses
1947
of
first
other
and
amounted
months
nine
of
contingencies.
slightly
the
during
business
new
of
with $859,737
for
decreased
volume
continues
profit
net
no
part:
months
corresponding period
provision of $275,000 for
After
The
in
said
nine
the
of
received,
third
both
quarter
foreign
of
1947.
and
domestic,
satisfactory.
FOR
3
AND
MONTHS
9
ENDED
1947—3 Mos.—1946
tNet
profit
Preferred
$485,064
div.
require.-
per
"Based
$0.59
outstanding
provision for Federal taxes.—V.
Gellman
$1,461,794
$391,585
$0.70
shares
656,049
166,
Manufacturing
$1,413,277
$853,737
$1.31
$2.15
Sept.
at
30,
tAfter
1947.
1354.
p.
The
Co.—Producing
full
to
is
has begun
company
modern,
planning
Ma¬
Sewing
also
planned
manufacture of the "Sew-gcm," a new
machine in four models, and is
the
electric
rotary,
produce
sewing
100,000
to
to construct
these
of
120.000
large
a
machines
It
year.
a
spring to handle this
factory next
output.
Hundreds
will
dealers
of
"Sew-gem"
chines
sold
equipment
lull,
it
on
granted
exclusive
production
of
nation-wide
baking industry,
announced.—V. 164,
the
for
was
American
General
been
\olume
full
a
franchise
permits,
the
for
these
ma¬
basis,
according to A. W. Gell¬
Delireries are scheduled to begin this month.
also manufactures packaging,
wrapping and slicing
man, President.
The
company
in
have
the
when
and
be
and
those
lines
will
be
continued
277.
p.
"
Transportation
Corp.
Preferred
—
Stock Offered—A banking group headed by Kuhn, Loeb
& Co. on Nov. 6 offered 150,000 shares of $4.25 preferred
stock, series A (cumulative no par).
The stock was
priced to the public at $98 per share plus accrued divs.
Proceeds
$5,700,000
working
from
addition
In
the
bank
in
to
these
of
will
shares
the
and
the
balance
trust
certificates;
par
value
offering,
present
consist
of
will
caoitalizatlnn
ot
$5
sale
loans
be
used
in
part to
will
initially
be
repay
added
to
capital.
$3,506,000
common
the
outstanding
company's
nnnroximately
$21,600,000
equipment
serial notes, and 1,077,392 shares
2%
of
stock.
Increase In Stock Voted—
stockholders
The
authorized
issue
the
which
of
shares—V.
150,000
at
a
166,
meeting
special
250,000
shares
corporation
of
held
on
preferred
contemplates
Nov.
stock
the
of
approved
3
no
issuance
par
an
value,
presently
of
1682.
p.
General Cable Corp.—Earnings—
Nine
Gross
Ended
Months
on
Sept.
sales,
1947
$9,360,774
1,326,586
30—
depreciation
before
administrative & general expense
Selling,
Other
operating
$3 354,91°
1,488,011
S8,034,187
profit
Balance
operation of its plant
ramie meal from green
harvesting.
It is esti¬
mated that the ramie will be ready about November,
1947.
However,
it had not previously commenced commercial production as its activi^
ties to date had been limited to making repeated test runs to determine
details of proper processing as well as consumer reaction to the com¬
$859,737
chines—
poultry feed.
company is now commencing commercial
Belle Glade. Fla., producing ramie fiber and
ramie as soon
as the
ramie crop is ready for
30
43,417
$460,064
share
com.
upon
SEPT.
1947—9 Mos.—1946
$391,585
25,000
Net prof, for com. stk.
''Earns,
of
per
year.
sale
for
—V.
Under the climatic and soil con¬
hauling equipment developed and owned by the company.
The ramie
is then unloaded by a power-driven crane and mechanically conveyed
and decorticated, the
resulting fiber being washed, dried, baled and
placed in the warehouse for shipment in carload lots.
At the same
time, those parts of the plant which are not used for fiber are chopped,
dehydrated, ground and bagged and are also placed in the warehouse
local
344,112
$6,928,627
charges
per
of
company
will
$2,415,454
526,056
ilax,
area
Palm Beach under
tract
$6,402,571
121,606
share
provision
shares
tests
135,000
surpassing
holds approximately 4,471 acres of rich and deep muck
along the West Palm Beach Canal, 23 miles west of
company
the
$1,772,032
bef.
3 Mr %
on
for
RESULTS
cattle
good
ramie
Florida
no
chopping, dehydrating, grinding and bagging all of the green ramie
coming from the fiber processing plant which is not suitable for fiber.
in
tax_
Ltd.__
of
not
are
is
production
The
528,857
29,250
Gardner-Denver Co.—Quarterly Statement—
line has been installed but the plant is designed
to have three
production lines, each having a rated capacity of 500
pounds per hour of well decorticated, undegummed ramie liber, washed,
dried, baled and warehoused, ready for shipment.
Present installations also include complete mechanical equipment for
land
29,250
income
Canada
shares
com.
Earnings
miles per hour.
One
2,973,561
565,694
14,
PLANT AND
LAND—Company is the owner of an eight acre plant
located
at
Belle Glade,
Palm Beach County, Fia.
This site is
centrally located in the northern Everglades.
The plant is built of
heavy mill construction founded on
creosoted piles driven through
eight or nine feet of muck deep into the underlying marl rock.
The
165
0,997,515
9,750
company
period
common
after
Net
1944
site
buildings
the
Common
a
poultry
piant;
strength
exceptionally
an
$33,745,042 $24,472,813
201,844
854.
p.
Prov.
prepared
pounds per square
silk in this respect.
In
addition to using the
plant and the leaves which
to
$10,395,822
1st mtge. bds
Federal income tax-_
Gamewell
title.
240,000
hemp
official
on
dividend
per
Gar
Sept.
recently
as
strongest cf
the
to
applicable
1,983,626
operations
Co.
applicable to
Number
Prolit
at
Corporation
Jersey
was
15
textile
and cordage fiber
for
entirely by hand.
The
developed in Florida,
however,
processes ramie
by mechanical means.
The industry takes from the
ramie
stalks a
long, white silky fiber of remarkable strength and
usefulness and, at the same time, converts the leaves and stalk residues
$1,866,901
1946
119,329
296,130
$8,i53,516
607,550
$2,163,931
626,251
$7,545,966
66,434
income
$1,536,780
$7,612,400
$2,043,719
(net)
at
PURPOSE—If
to
Operating profit,
Provision
Net
for
before
depreciation
depreciation
operating
profit
Other
income
(net)
the
National
Life
1478
465.
and
In¬
the
entire
issue
now
offered
is
the
sold,
Net
income,
before
net proceeds
will be $240,000, to increase and improve the com¬
manufacturing facilities by the construction and installation
and additional machines for the decortication of raw ramie;
to provide new and additional harvesting and hauling equipment for
green
ramie;
to install degumming equipment so as
to enable
the
company to sell degummed fiber; and to pay off current liabilities and
company
Provision
Federal
income
taxes
506,939
income
2,935,000
taxes
710,000
$4,657,400
Federal
for
"$1,333,7.9
pany's
Net
new
add
to
working
problems
been
Farnsworth Television
Charles
its plan to distribute
dividend for each share
have
stockholders
Fairchilci
that
a
15, 1947 to stockholders of record Oct. 1.—V. 166, p.
Fail-child Engine & Airplane
poration's
for
Pre 1 erred
are
(par $1)
as
Registrar
RAMIE—Ramie
in
B
77,594
for
29,432
Products, Inc.—Stock Offered—Batkin,
offered
are
ramie
included
Quarter End. Aug. 31—
products to
centuries
class
of
outstanding.
struct.
Co., New York,
the name
and
pany's products.
Exchange Buffet Corp.—Stock Distribution Delayed—
Mr.
20,337
the
other
1944
of
Trust
20,337
The
promissory
and
stock.—V.
share
2,259
S.
Federal
interest
for
int.
Bankers
agent
The
12,779
name
of Florida
Fibres, inc. for the purpose of acquiring
improving lands, planting, growing 'and harvesting ramie and
processing ramie to produce commercial fiber, cattle and poultry feed
and
issued
Exchange)
notes
for
27,184
12,428
and
for
issue
to
company
Evans Products Co.—Transfer
fer
&
Place,
ditions
company
2262.
p.
25,717
1,396
$1,381
Co., New York,
of
Escanada & Lake Superior RR.—Notes—
The
to
2,939
U.
&
Gair
of
2%%
Prov.
41,554
$134,326
2,259
common
Transfer
own
to assume obligation
and liability in respect of not exceeding $6,850,000 of serial equipment
trust certificates, to be issued by the Chemical Bank & Trust Co., as
trustee, and sold at 99.54 and accrued dividends in connection
with
the procurement of certain new equipment.
notes
23,818
$74,766
3,318
securities
it
RR.—Equipment Trust Certificates—
ICC
class A
as
1786.
p.
Equitable
Erie
Jacobs &
its
Equitable Office Building 1913 Co., Inc.—New Name—
The
4,538
equip.
for
are
but
shares
60,000
additional
right
of
Total
166, p. 1253.
for
corporation not subscribed
will be taken up and paid
new
debtor
the
of
than
either
corporation
interest
'Profit
$92,771
on
Florida Ramie
the
offering
stock
commitment
See
$50,948
$13,651
debt
(way
and
West
dividends
No
by the underwriters at the offering price to stockholders in accordance
with the underwriting agreement.
As compensation for their services
per
21,379
1,360
interest
from
Provision
$9,113
be
$1,893,638
Profit
$114,150
2,787
income
Deprec.
—V.
any
assuming
cash.
stock:
new
on
after
repaid.
of
of
approximately
stockholders,
by
id)
be
to
deducting
Co.,
shares
Any
by
issued
Graham Newman
Bear,
Stearns & Co.,
Bros.,
of
and
new
for
as
Co.,
Arnold
cash
cash
for
be
to
are
restrictions
bank
share
new
them;
cash
not
stock
UNDERWRITERS—The
and
Net
To
To
i
of
before
of
Dividend
the
interest:
$3.
amount
shares
Wertheim
by
to
repaid.
interest:
issued
underwriters
to
to
shares
shares,
liabilities
for
declared
Inc.
funded
tion.
be
lVs
subscribed
cash
issued
share:
per
plan
(101
issued
not
of
1,269,938
(8)
1,034,518
plus
plus
charges
to
for
of
subscribed
for
shares
one
ratio
be
to
are
of
issued
in
plus such additional shares
reserves
$3,000,
fixed
the
mortgage.
Shares
be
to
not
issued
of
the
authorized,
of
of
$4,754,000,
la)
ration
in
shares
be
first
shares
shares
60.000
1,206,938
bonds
of
exceed
not
Shares
<ci
number
60,000
first
After payment of the bank loan the fixed charges
Prior to the payment of the bank loan
be issued,
to
(b)
held:
shares
first
annum.
will
1.034,518
1.034.518
than
applied
$110,000
to $360,000 annually until loan
up
mortgage
existing
stock
held:
share
the
during
quarterly fixed payments
principal during life of loan,
on
debentures
per
the
on
172.420
shares
4V ;
at
subsidiary
stk. of subs,
Provision
$65,694
14,746
833
charges
Contingent
cotton,
charges
holders:
Interest
cash.
New
free:
25,515
$7,789
Fixed
show
5%
on
S800.000
$993,000
payments
second
on
loan:
in cash.
in
fixed
bank
fixed
payments of
principal; thereafter
to
Fixed charges:
be
the
of
earnings, of
upon
Effect
off
terms
then
Effect
will
4,055
$6,955
COMPANY—Company
mortgage:
new
additional
paid off
paid
$13,168
deductions
under
until
quarterly
and
$47,500:
(41
income-
oper.
income
modern
years
interest
(5)
$7,726
771
Misc.
$14,750,000.
mortgage
Principal
three
4,948
income
change
annum.
of
tax
tax accruals--
ry.
Total
shares
no
fixed
existing
(31
opers.
ry.
income
ry
Other
of
stock, and a transferable warrant
they choose) entitling them to
new
of
purchase
3.75%
at
of
exchange
purchase not less than 60,000
not subscribed for by stockholders.
be briefly summarized as follows:
may
on
in
mortgage reduced to $10,000,000; thereafter
principal payment due during first three years, there¬
fixed payments of $200,000 applicable first to interest
principal; unpaid balance due in 25 years.
This compares
to
with
Other
cash
quarterly
then
be
of
exercise
or
mortgage
new
$3.65'. :
per
the 5%
paid off
be
obligations will be obtained
funds are to be raised,
other
per
(b)
shares
Principal terms of
after
$3
share
sell
to
are
Effect
a
(2)
the
in
raised
be
to
receive,
free
may
shares
thereafter
at
will
guaranteed
are
(1)
fr.
rev.
150,000 -shares
will
depreciation
''After
and
$5,353,000
banks,
additional
underwriters
With
1947,
to
which
company will consist of
$1) of which 586,820
(par
and
Quar. 1947 9 Mos. 1947 9 Mos. 1G4G
pfd,
on
Profit
one-fifth
(which
and
12,
are
Canadian
of
lor
$698,312
used.
Stockholders
buy
Sept.
reduction
these
About
1,034,518 shares of stock at
by
Net
Federal
$833,000.
(a)
$3,103,554
dated
profit
Provision
35,918
oper.
Net rents
approximately $6,186,000 will be
The existing first mortgage, the principal
approximately $15,583,000, will be replaced
in the principal amount of $14,750,000 on
of
sales to customers (U. S.)
Prof, before deductions shown below
PLAN
mortgage bonds
all
Period End. Sept. 30—
revenues-
1947,
1,
This
discharge
follows:
plan
second
Nov.
mortgage
favorable
Funds
of
purpose.
which is now
amount
as
$3,000
As
(par $1),
the
of
stock
common
outstanding
Net
Net
modified
this
of
new
more
Will
the
cash.
for
amount
by
and
in
required
trustee's
OF
A
Rate
1149.
Fonda, Johnstown & Gloversville RR.—Earnings—
Railway oper. income-
John Hancock Mutual Life Insurance Co.
stock
capitalization
and
transfer
The
$15,583,000 first mortgage heretofore held by the
Equitable Life Assurance Society of the United States
was reduced to $14,750,000 and a new mortgage for the
latter amount on more favorable terms placed with the
issued
166, p. 566.
(Net
appointed
p.
the
class
of
be
5
(Robert) Guir Co., Inc. (& Subs.)—Earnings—
Florida Power & Light Co.—Transfer Agent—
The
will
common
758.
Wertheim & Co. and Manufacturers Trust Co.
by
Placed
shares
shares
—V.
issued,
are
were
thereupon
after,
a
basis
of
one
class
of
stock
there
stock
exchanged
dividend of
share
then
of
on
class A
class
held.
stoppages
at five i5> of tire
1946.—V. 166, p. 370.,
occurred
the early part of
General Motors Corp.—Buick
A
As
the basis
common
common
of
the
of
stock
stock
for
ten
for
was
each
commencement
of
one.
declared
share
this
of
There¬
on
the
either
financing,
outstanding 486,820 shares of class A common stock and
shares of class B common stock.
If all of the shares now
were
150,000
"Work
during
capital.
CAPITALIZATION—Company originally had an authorized capital of
$400,000, consisting of 3,000 shares of preferred stock ($100 par) and
10,000 shares of common stock ($10 par).
On April 16, 1945 capitali¬
zation was increased to $450,000 by increasing the common stock from
10,000 to 15,000 shares. On March 11, 1946 the 3,000 shares of pre¬
ferred stock
($100 par) were changed to 30,000 shares of class A
common stock
($10 par) and the common stock was changed to class B
common
stock.
On May 16,
1947, company's authorized capital was
changed to 800,000 shares of class A common stack ($1 par) 'and
150,000 shares of class B common stock ($1 par) and both classes of
stock
income
Buick
new
of
on
announced
3
that
it
different"
plants
Output Still Limited—
will
introduce
of automatic transmission
scheduled for introduction in January.
and
cars
Nov.
Coiporation's
type
in
a
"completely
its
1948
line
and Vice-President
General Motors, reported that Buick's production, which continues
he limited by the availability of cold rolled steel, reached a
total
2/,173 during October, bringing total 1947 model output thus far
Harlow
224,113
Curtice,
H.
Buick
General
Manager
of
to
of
to
units.-
New
George
Secretary—75-Cent Dividend—
A.
Brooks,
Assistant
Secretary,
has
been
elected Secretary
corporation, succeeding Lisle R. Beardslee, resigned.
Mr. Brooks
also was appointed Secretary of the Financial Policy Committee.
On Nov. 3, the directors declared the regular quarterly dividend of
75 cents Der share on the common stock, payable Dec.
10 to holders of
of this
«
(1890)
record Nov.
as
THE
13.
This
against $2.25
The
in
brings total
dividends in
1947
$3
to
share,
per
5,
1948.—V.
166, p.
&
FINANCIAL
CHRONICLE
Monday, November 10, 1947
Group Securities, Inc.—Fourth Quarter Dividends—
1946.
usual
quarterly dividends of $1.25 per share on the $5 series
preferred stock and 93% cents per share on the $3.75 series preferred
stock were also declared, both
payable Feb. 2, 1948 to holders.of record
Jan.
COMMERCIAL
directors
The
Nov.
declared
5
Howe Sound
usual
quarterly dividends and
corporation's various classes of shares, which dividends'
will total approximately $1,589,100.
Of this amount, $567,600 repre¬
sents extra dividends payable out of net realized profits.
The balance
of $1,021,500
is made up of regular dividends from net investment
extras
on
the
on
refin.,
-
1787.
Co.—-Earnings—
Period End. Sept. 30—
Qross val, Qf.metals, sold
Market.,
smelt.,
conv.,
freights,
Operating
1947—3 Mos.—1946
$3,136,093
1947—9 Mos.—194G
$1,920,302
•
$8,339,572
$6,467,946
•
ctc.__
.
.
950,017
2,593,955
2,231,466
1,565,700
1,014,495
3,914,179
3,404,789
$620,375
$229,392
$1,831,437
7,413
(133,290
27,099
$831,691
172,888
$627,789
costs
674,414
$362,681
income.
General Public Utilities Corp.—Weekly Output—
The
electric
1-947,
or
output of
amounted
11%,
the
over
this corporation
143,788,159 kwh., an
to
corresponding
week ended, Oct. 31,
of 14,220,541 kwh.,
for the
increase
166,
1946.—V.
week of
The
Nov.
dividends
shareholders
to
•
for the
of
fourth
record
Nov.
quarter of
14,
•
General Refractories Co.—Earnings—
Period End. June 30
Cost
sales
&
.035
General
,
Gross
Other
profit
from
$358,552
$4,916,109
35,542
329,334
145,054
various
Investing
Low
income
of
&
exp.
3'/j%
prem.
180,760
789,085
834,078
132,649
88,299
462,853
358,319
Petroleum
282
982
742
1,449
10,627
14,276
44,160
66.700
19,559
4,174
132,173
6,431
470,639
54,576
1,522,674
.512,323
.
Railroad
Steel
Stock
income
.015
.03
.05
_
taxes
Utilities
(est.)
income
Net
Capital
$774,814
shares
Earnings
$51,027
469,713
469,713
outstdg.
share
per
$1.65
$2,293,747
469,713
$550,020
ASSETS—Cash
in
banks
and
JUNE
hand,
on
30,
(Record
$1.17
$2,676,490;
U.
S.
taxes' (est.), $520,000; investments, miscellaneous, $14,153;
vestment
in Northwest
Magnesite
Co., $480,000;
deferred
railway
and
Gross
others,
account of
—V.
Gross from
Net
ry.
railway
railway
from
Net
1946
$1,938,938
from
from
Net
ry.
$650,362
$749,176
60,187
167.578
207,099
54,239
34,237
139,872
175,458
5,822,983
5,813,620
7,325,274
743,068
365,697
1.929,671
2,612,173
482,651
income
82,970
1,622,862
2,281,296
1479.
p.
Period End. Oct. 25—
1947—4 Wks.—1946
Sales
$7,525,028
166,
1947—34 Wks.—1946
sales,
sell.,
admin,
expenses.
36,226
846,112
139,113
53,627,353
47,431,285
57,311,601
13,357,896
5,377,196
5,136,362
*1,017,381
6,159,798
income
1944
1947—12 Mos.—1946
$4,500,911
2,062,549
1,856,931
30,000
23,000
339,000
270,000
4,000
4,000
48.000
48,000
[399,851
270,997
100,606
85,464
(.810,377
528,359
13,787,326
713,569
.
profit
*$437,626
$351,846
$829,482
13,616
47,102
39,425
$1,845,986
*$424,010
$398,948
$868,907
73,948
35,029
70,814
83,005
203,657
(733,719
199,776
Net profit
Shs.com. stk.
(r.o
Earnings
417,000
share
-V.
"Loss.
(Includes
from Jan.
21,
Machinists'
laws
$122,358
§$364,239
382,488
382,488
Nil
$0.33
$0.95
shut-down
1946
to
March
from
settled
is
and
CIO
general steel strike
International Association of
1946
through
operations
and
resumed
subject to the
Aug.
11,
Aug.
12,
carry-back provisions
of
1946.
1946.
the
The
The
income
railway..
railway
from
1945
frcm
Net
railway..
railway
from
ry.
income.
oper.
166, p,
-
137,734,942
33,740,558
.
_
119,704,658
155,434,240
23,299,651
47,559,551
12,740,956
25,080,108
ry.
1683.
204
18,998
155,013,689
$95,119
$1,243,901
5,513
66,156
66,156
1946
1945
1944
$248,427
$204,748
$229,600
4,937
88,868
41,336
46.156
*31,624
Net
from
Net
ry.
railway
lailway
oper.
57,046
747
881
stockholders
at
amending
from
♦Deficit.—V.
156
1,981,562
2,037,689
2,139,477
463,934
352,994
427,560
the
1,909.968
of
special
a
$89,606
50,000
meeting
charter
shares
will
also
shares
of
vote
to
$1,177,745
5,000,000
a
be
increase
to
to
of
directors
(June
on
to
$1,259,367
Common
55,919
64,436
127,167
The
directors
12
by
until
1948).—V.
declared
payable
Dec.
with 80 cents
June
and
have
stock,
compares
of
Nov.
on
will
25
authorized
the
two
the
Period End. Oct. 31—
12.
In
common
authorizing the
preferred stock, $100
fixing
annual
at
nine
company
1947—Month—1946
1947—9 Mos.—1S46
paid on Sept.
1946,
Nov.
as
stockholders
to
$3 per
one
It
new
was
from
The
change
share,
at
a
the
each
special
par
meeting
value
present
of
the
held
Nov.
on
common
outstanding share
to
be
share.
a
so
voted
to
reduce the
authorized
5
stock
meeting
of
The company
covering
21,000
exercise
of
number of
a
par
exchanged for
common
shares
15,000,000
above
Commerce
to 12,000,000.
changes arc subject
Commission.—V.
166,
p.
to
the
dividends
1633.
of
the
of
Interstate
subsequently reversed during
Sept. 30, 1946, and $614,000 for
last year.—V.
166,
468.
p.
RR.—Bondholders'
holders
protective
of
the
committee
Protective
first
lien
is
soliciting authorizations to
refunding mortgage 5% bonds.-
and
of
properties
refunding
in
which
It
is
the
properties,
the junior bonds.
its
the
are
mortgage.
improving
underlying security for the first lien and.
charged by the committee that, instead of
company has expended large sums
committee declares that if it fails to
The
to
buy
accom-
objectives
through conferences with the management, "other
appropriate methods, at present undetermined, will be considered."
Those
composing
the
protective
Vice-President
Forma
Corp.;
H.
Charles
of
committee
are
William
&
Cross
Co.
and
Brown
A.
Campbell,,
President
the
of
G.
Stachelberg, former investment banker,
Secretary and a director of Wilson & Marx
Stieglitz,
Roy Dann, of
Robert
Dann,
V.
50
166,
Broadway,
andi
Inc.
the
firm
of
City,
is Secretary
law
New
York
Aranow,
Brodsky, Einhorn &;
of the committee.—■'
1479.
p.
The
Nov.
company on
5,000 shares of
for
filed
3
letter
a
stock
common
of
noti.ication
25c 1,
(par
to
Underwriter, Buckley Brothers,
to selling stockholders.—V. 165, p. 1071.
will go
with
be offered
share.
per
Hunt Foods, Inc.—Extra
On
Nov.
share
Nov.
On
the
The
directors
the
at
SEC
market)
1
Philadelphia.
Proceeds
quarterly
the
on
extra
an
payable
dividend
Nov.
of
dividend
30
25
of
record
of
share
per
cents
50
holders
to
cents
is
also
date.
same
last,
31,
50-Cent Dividend—
declared
stock,
common
usual
the
on
Aug.
share
per
the
3,
on
15.
payable
Hydraulic
Col.
H.
A.
the
made
company
stock.—V.
common
$1.60
of
of
40
Dec.
cents each
totaled
$1.06Vi
share
per
record
$2
initial
an
166,
of
payment
cents
25
567.
p.
15—V.
also
166,
share
per
March
declared,
on
payable
the
$4.25
Dec.
1
to
1683.
p.
his
to
entitled
to
on
and
to
June
shares
issued
purchase
after
June
27,
on
common
June
28,
a
registration statement
stock,
1946.
to
be
issued
Warrant
be
to
are
from
of
used
for
holders
general
Oct.
are
Jan.
Corp.
latter
Oper.
&
of
exp.,
than
of
a
dividend
record
Nov.
50
of
cents
share,
per
This compares with
15.
bonds
Other
income
avail,
above.—V.
166,
p.
Prop,
and
Texas
(&
Subs.)—Earnings—
166,
1947—3 Mos.—1946
$3,184,263
$2,576,451
1947—9 Mos.
share
one
$9,730,9
$7,947,990
1,370,429
4,644,705
4,155,044
$1,626,539
$1,206,022
$5,086,217
$3,792 946
113,527
264,402
254,352
67,687
67,688
203,062
191,893
971
1,076
2,913
2,427
413.856
412,100
1,231,355
1,231,726
147,417
148,798
512.286
Fed.
income
taxes,
est.
213,295
170,930
profit
788,699
662,470
$921,181
com. share
per
FOR
12
$518,957
$2,612,304
has
for
obtained
be
to
obtained
Trust
from
Co.,
the
Indiana
P.
S.
Commission.
redemption
interest.
and
&
been
Exchange
called
102V2
of
&
the
$0.47
$2.37
$1.40
ENDED
SEPT.
30,
1947—Gross
earn¬
each four
associates
Jan.
on
Payment
trustee,
shares
will
1,
be
th'3
1948,
made
Broadway,
70
held.
specified
risks
similar
a
of
The
charge
a
the
at
New
tho
York,
subscription
offering
price,
a
share, was received
and White, Weld & Co.
Power
disallowed
less than
a
bid
share,
a
$1.87
of
Blyth
share
a
as
undertaking.
$2.20
that it
ground
the
cover
naming
Co.,
but specifying
from
W.
received
C.
from
Langley
Otis
&
a
com¬
&
Co.,
Co.,
on
the minimum specified
in the bidding
specified an offering
price of $19'/2 a share, less underwriting compensation of $l>/2 a share.
During the period of the subscription rights the underwriting group
may offer shares of the common stock to
the public at a price no
lower than the subscription price and no higher than the last sale price
The
was
proposal of
the New York Stock
011
the
from
the
Otis & Co.
group
Exchange in the preceding 24-hour period.
of the 214,451 additional shares of common
the cost of the company's construction
which is estimated to call for expenditures of $35,200,060 over
four-year period beginning Jan.
1,
1947.
The balance of funds
will
be
sale
applied
toward
program
a
necessary to finance the construction program will be obtained from
the company's treasury, from qperating revenues and from the sale of
securities.
new
One
tion
$1,544,369
$0.83
MONTHS
to
Indianapolis
414,344
discount
expense
aband.
loan
1684.
and
proposal
stock
$4,047,299
&
be
issues
Bank
0.
for
Inc.,
invitation.
inter.,
depletion--
$10,000,000
a
mortgage
5'<
gold bonds, series A,,
1, 1948, all of the outstanding first lien
5% gold bonds, series A, due Feb. 1, 1963.
callable at 103 and interest." Permission to
Securities
has
at
for
will expire on Nov. 19.
.proposal to underwrite the offering at $22
their
Co.,
1946
$5,350,619
and
Bank Loans to Pay Off Two
investment banking group headed by Blyth
Inc., is underwriting an offering by the company
holders of its common stock whereby the stockhold¬
ers of record Nov. 5 may subscribe to
214,451 additional
shares of common stock at $22 per share at the rate of
pensation
$1,319,550
retired
—
to
Shields
$1,764,408
debt
felt'
165,
& Co.,
A
deplet.
of
he
O.—V.
fered—An
&
1579.
bonds, notes, etc.
on
Amort,
and
for
the
Hanover
Pjoceeds
Amt.
will
.and
1950
due
Y.—V.
In
137,868
opers.__
Dayton,
at
as
Feb.
on
bond
two
warrants
1,557,724
from
law
resigned'
has
devote his primary
corporate
Fed.
income)
corporation
he
company,
to
refunding
and
corporation
N.
incl.
(other
tax.
gen.
that
this
funds, together with approximately $1,800,000
used to redeem 011 Jan. 1, next, all of the
mortgage
issue
the
compensation
Co.
of
be
and
1950,
Commission
The
will
first
1,
refunding
Central
Heineman Corp., Chicago—Acquired—
Oil
of
arranged
These
funds,
and
share
on Feb. 24,
May 26 and Aug. 25, last.
1946, the following dividends were paid: Feb. 25, 25 cents; May 25,
50 cents; Aug.
26, 25 cents; and Nov. 25, 50 cents—V. 166, p. 666.
Industrial
has
three batiks.
share
In
See Aetna
announced
5
President
Indianapolis Power & Light Co.—Common Stock Of¬
the directors declared
28,
practice
company
treasury
158.
p.
and
Indiana Service Corp.
The
upon
21,000 shares of common at $12,875 a
1947 and up to June 27, 1948. or $14 per
Proceeds
166,
par)
the SEC
the
28,
1949.
purposes.—V.
($3.50
with
Nov.
on
reorganization and desired
Bond Issues—
The
filed
30
Jr.,
board
3284.
redeem
Oct.
on
the
completed his
attention
This
on
of
Mfg. Co.—Toulmin Resigns—
the
011
2.
share.
per
Press
Toulmin,
Chairman
had
p.
of
and
12
paid
of
of
a
the
.
The
principal projects in this program involves the construc¬
generating station to be located on White River, near
new
first
at
an
40,000
estimated
cost of $13,830,000
turbo-generator is scheduled
kw.
to
in 1949.
A second 40,000 kw. turbo-generator is
completion by the latter part of 1950.—V. 166, p. 1738.
e.arly
be completed
scheduled for
ings' from
operations,
$12,686,953;
operating and general expenses,
including taxes (other than Federal income taxes), $6,147,587; income
from operations, $6,539,366; other
income, $370,513; amount available
for interest, depreciation and
depletion, $6,909,878; interest on bonds,
notes, etc., $285,475;
amortization of debt discount and expens:-,
depreciation and depletion, $1,620,315;
approval
accruals
ended
committee
as
Winkle-Munning Co., Matawan, N. J.—
warrants
EARNINGS
110
tax
quarter
plans to seek representation for these bonds on the,
directors and in the management of the company.
It also
wants the
management to cease the purchase of adjustment income
mortgage 5%
bonds and to use the funds available for improvement
the
Registers with SEC—
Earnings
approved
from
represent
formed
outstanding
Net
The
income
the
Manhattan
&
Indianapolis,
Greyhound Corp.—Votes Change in Par Value—
to
newly
due
Hanson-Van
Deprec.
$7,699,859 $63,708,228 $62,448,651
ii
October, 1947, had 216 stores in operation,
against 211 in the corresponding month last year.—V.
166, p. 1683.
proposal
A
the-
1683.
p.
holders
to
quarterly dividend
preferred
stock
was
record
deprec.
$'7,882,526
The
for
Committee—
and
and
next
166,
dividend
a
12
regular
cumulative
holders of
Int.
Sales
Hudson
Stock
(M. A.) Hanna Co.—To Pay $1.60 Common Dividend—
1479.
(H. L.) Green Co., Inc.—October Sales Increased
2.4%
exclude
the first, nine, months of
per
held
shares
series
new
increasing
serve
14,
513,092
82,266
p.
$1,735,438
$228,796
to
$196,000
value.
Income
2,299,406
income
$748,162
1946;
1683.
Period End. Sept. 30—
Gross earn, from opers.
1947
from
$533,120
income
525,607
Hungerford Plastics Corp.—Files with SEC—
From Jan. 1—
Gross
506,208
719,628.
1,251,260
$1,325,523
5,513
$1,526,624
(Including Houston Pipe Line Co.)
RR.—Earnings—
$251,435
income
656,635
177,086
32,174
$96,093
Houston
railway
railway
oper.
2,170
_
$1,430,192
23,039,682
from
Net
CV4,271
55,966,526
15,494,988
-
September
from
171,412
Cr4,167
$90,580
(Oscar)
Green Bay & Western
Net
169,755
Cr353
25 cents per share paid
1944
From Jan. 1—
Net
14,174
CY315
payable Nov. 25 to stockholders
1946
$16,385,488 $17,541,895 $19,778,866
6,491.372
4,749.530
1,269,018
8,861,570
3,281,165
3,650,526
3,655,657
4,122,322
income-
oper.
$109,291
14,036
debt
Hawaiian Pineapple Co., Ltd.---50-Cent Distribution—
$19,157,833
.
377,266
1,270.117
the
Ry.—Earnings
1947
from
•
346,339
234,831
$4
p.
on
On
September—
ry.
15,
to
which
Great Northern
Net
i946,
1,
March
due
will affect prior
years' normal and surtax only,
not having paid any excess profits taxes.—V.
166, p. 855.
company
Net
expense
138,327
170,009
depletion--
he
382,488
$3.01
was
loss of $1,197,758
*$1,197,758
382,488
strike
strike
$112,096
debt-
on
preferred stock
166,
stock
215,000
$1,151,381
par).
$4,589,800
476,000
428,501
and
Executive
206,663
charges
Special charges
Federal income taxes-
$4,022,860
-
714,149
Interest
$1,511,865
136,000
old-
and
68,124
Marcel
income
The
per
]
)
J
_
Balance
14,568,315
312,854
52,378'
$1,231,678
taxes
taxes
plisii
and
prem.
common
Total
-Earnings—
$5,089,963
stockholders
3,190,304
$1,793,608
1947—9 Mos.—*1946
414,787
The
$16,111,946
705,039
__
1947—3 Mos.—*1946
$10,723,115 $10,597,294 $31,749,735 $29,281,983
9,491,437
9,085,429
27,726,875
24,692,183
_____
income
Subs.)—Earnings—
213,962
17,828,803
1479.
p.
income
number
1945
$3,065,531 $14,852,741
15,838,983
Operating profit
Miscellaneous income-
Gross
789,715
161.036
taxes
They
1946
(&
Othejf taxes
charges
$5,508,417'
gen.
Depreciation
—V.
$5,179,431
$382,791
creation
1947
—
"Recast
depreciation--
on
vote
$6,926,576 $63,248,663 $51,689,610
$18,337,630
of
Co.
revenues
S.
Net
186,925
long-term
The
Co.—Earnings—
9 Mos. End. Sept. 30—
Gross
Net
1945
$433,627
of
Net
par
Granite City Steel
'
Zinc
,
1946
Gulf States Utilities Co.—To Increase
and Create New Preferred Issue—
1578.
p.
Coal
Unemployment
of
1947—Month- -1946
deductions
Divs.
7,766,422
Grand Union Co.—Current Sales Increased
8.6%—
Gross
months
RR.)
493,851
_
profits tax
on
Other
$808,826
railway
oper.
—V. 166,
tax
nine
plant acqui¬
adjustments
excess
1944
77,733
railway
20,324,662
U.
accumu¬
of
Amort,
1945
$642,023
income
oper.
Net
latter
166,
Federal income
Int.
1946
14,424,676
.
expenses
for
General
1947
$2,062,345
From Jan. 1—
and
Alton
income
revenue
Operating
Georgia RR.—Earnings—
Cost
and
1,459,743
operating
Gulf Power Co.-
Jan. 1 to Oct. 21
1946
$47,975
1947
13,324,838
Fixed
railway
Period End. Sept. 30-
Gross
1787.
P.
621,218
board
sition
1947
September—
.
three
$6,172,502
railway
railway
railway operating
Gross
—V.
first
from
Amort,
$50,450
____
revenues
166,
Gross
the
1947
'Deficit.—V.
acquisition
Georgia & Florida RR.—Operating Revenues—
Period—
7,430,992
11,714
RR.—Earnings—
from
Prov.
Operating
Yr..to date, 1947__
—V. 166, p. 1051.
Period End. Sept. 30—
income
1949, $160,000; 3(4%
Week End. Oct. 21
Pounds
Lead
4,386,479
From Jan. 1—
Net
trade
payable,
1948 to
in
railway
from
$982,473;
accrued
accounts,
$1,098,991;
of Kentucky Fire Brick Co., due
promissory notes due Jan. 1, 1957, $000,000; reserves for contingencies, $192,171; capital stock without par
value (470,283 shares issued), $12,439,030;
Treasury stock at cost (570
shares), Dr$44,292; capital surplus, $611,338; earned surplus, $6,947,799;
t6tal, $23,359,510.—V. 166, p. 54.
payable,
notes
from
Net
Net
$72,000:
year,
Pounds
Copper
Expenses
566.
p.
(Including
accounts
one
given in V. 166,
Net
accounts,
repair parts, etc., $617,663; real estate, buildings, machinery,
equipment, mineral lands, etc. (after reserve for depreciation and deple¬
tion, $8,896,289), $11,986,177; total, $23,359,510.
within
paid
Pounds
5,491,625
age
September—
Gross
in¬
$379,712;
due
dividends
Gulf Mobile & Ohio
Government
income
notes
of
Ounces
Silver
quar.,
Gross
invest¬
net
in
SOLD
209,041
.07
from
distribution from
income
interest
>
.10
.04
dividends
meant
represent
$1.30"
Mexico
non-recurring profit on sale of company's
property (inactive) in British Columbia.
Hudson
1947
securities, $52,000; accounts and notes receivable (less reserve), $3,465,-,
650; inventories, $3,168,261; claim for refund of prior years' Federal
LIABILITIES—3 V\%
is
dividends
of
Deprec.
$0.11
$4.38
SHEET,
dividend"
"Extra"
)
lated, undistributed net profits.
469,713
1947 was
BALANCE
"regular
income.
$2.56
Republic
Gold
.04
.03
_
NOTE—By
i
ment
and
0,813
.06
.04
.04
$0.48
Canada
'
.03
•
$0.79
Dominion of
225,255
$601 340'
1947-__
.05
.06
_
Federal,
$1,004,580
177,9851
(Includes
mining
3rd
.11
.02
.06
_
'_
$1,181,181
Ounces
.15
.06
Tobacco
$222,658
METALS
.14
.09
.03
.
_
__
Bond
S.
.17
.065
_
_
__
_
Railroad Equipment
Other deductions
.10
.06
__
Railroad
574,140
$363,849
.09
.035
.06
note
on
Federal & Perm,
.03
_
$1,858,536
103,215
capital share
per
*U.
a
.16
.04
206.850
$394,094
41,835
88,189
taxes
.07
__
.075
-.
-
note
retirement
Interest
$2,320 520
Bond
Company
'
taxes.
.10
.07
.07
Priced
53,731
210,20.9
_
for
income
Earns,
.20
.045
.09
_
__
Merchandising
Mining
$1,615,421
i_.
Ilepr., dept. & amortiz.
Corp .& property taxes
Amortiz.
$5,245,444
_
Machinery
Institutional
sources
Total
Bond
industrial
$2,184,266
154,856
inc.
$1,460,565
Net
.12
.06
.055
_
"Provision
.06
.06
_
income
Depreciation
.14
.115
_
_
Administered
Total
income___
.05
.05
Fully
16,052,768
23,628,407
4,235.2GQ
.14
.07
.05
_
.07
Food
C,839,269
Total'
.06
Electrical Equipment
exps.
operations
_
Chemical
$4,593,820 $28,544,5.16 $13,237,034
$8,299,835
of
of
_
Building
1947—Year—1J46
1947- -2 Mos —194(i
Net sales
_
profit
Miscellaneous
.07
Aviation
(Operating
payable
are
Extra
.06
Automobile
'
1947
1947:
Regular
Agricultural
1787.
p.
following
26
Class—
$734,836;
Federal
—V.
p.
166,
1579.
income
taxes
(est.),
$3,884;
property retired and abandoned,
$819,574; net profit, $3,445,794.
.
Inland Steel Co.—$1.10 Year-End
The
per
directors
share
011
cn
Oct.
4,899,315
payable Dec. 1 to holders of record Nov. 14.
butions of 50 cents each made
on
of
Feb.
28,
$1.83 Va
1947.
per
Last year,
share
Dividend—
29 declared a year-end cash dividend of $1.10
shares of capital stock issued and outstanding,
on
on June
This
2 and Sept.
compares
with distri¬
2, last, and 40 cents
the common stock received the equivalent
their presently held shares.—V. 166, p. 950.
Volume 166
THE
Number 4645
COMMERCIAL
CHRONICLE.
FINANCIAL
&
(1891)
7
.
3 Mos. End.
♦Sales
and
Sept. 30—
Prov.
for
spect
ton
3947
$2,542,059
revenues—
Deprec. of plants
equipment
,
amort,
of
inv.
Ore
Income
9 Months Ended
1944
1945
1946
$1,698,328
502,016
in
$1,021,367
$730,912
in
Cost
666,836
498,723
524,995
:
Net
*
Income
Dal-
50,000
$1,126,083
$182,189
490,000
93,000
95,000
$1,251,043
After
deducting cost
9 Mos. End.
Total
Fed
Net
Earnings
—V.
Machines
166,
Net
from
Net
ry.
1,091,443
$6.94-
1,145,926
$6.79
1946
1947
1944
1945
.
$2,175,272
$2,476,345
408,504
$2,090,683
206,096
557,362
688,144
119,126
'-18,398
252,382
267,654
21,801,691
19,933,126
22,225,462
22,942,453
3,384,610
2,704,205
6,306,744
838,755
256,105
2,571,715
2,585,548
in
phosphate
the
output
annually—the
ore
output
entire
the
of
Noralyn
mine.
is
being designed and constructed by the Rust Engin¬
and is expected to be in operation in about
one
year.
It is planned that the mine proper will begin production, of
phosphate rock in February, but its output will be dried at other
company facilities until the new equipment is ready.
In
addition
to meeting the increasing domestic demands, the new
facilities are expected to make available some surplus of output for
Co.
Pittsburgh
of
foreign shipment to both Europe
Farley said.—V. 1'66, p. 1684.
and
Pacific
western
the
Mr.
areas,
possible
mechanical
it
reasons
is
position
The
directors
on
and
share
the
regular
the
With
these
share
the
for
"quarter of
in
rency
of
40
in
$1.60
continued
has
rate
against
as
and
dividends
of
cents
York
in
transfer
agency.—V.
respect
Bonds
change
disbursed
to
which
will
patent
has
Phinney
since
attorney
capacity.—V.
with
166,
Interstate
been
this
elected
1941.
Mr.
has
Phinney
the
since
company
underwriting
ing
the
fund
be
In
and
sale
ceeds
forth
net
in
the SEC
in
in
issued
will
sufficient
1949
amendment
an
to
to
received
be
to
debentures,
added
be
stockholders
the
of
effect
ot
no
the
stock
(no
par),
15,
15,
1962.
by
-
issuance
and
60 %
and
an
will
be
The balance of
of
and
$5,000,000
and will
the
15-year
CONSOLIDATED
used
be
avail¬
debentures,
the
sinking
fund
de¬
SALES
AND
NET
PROFIT
8 Mos. End.
1,410,069
profit
Company—Earnings—
(Subsidiary'company
consolidated
not
12 Months Ended Sept. 30—
for
taxes
excess
income
operations
before
taxes
Interest
deducting special charges
debt
debt
on
prem.
debt
disct.,
unfunded
charges
Amortiz. of utility
"Net
profits
charged
the debt.
of
to
1256.
p.
held
stock, $1
par
on
Nov.
$2,046,707
value.—V. 166,
p.
Net
(net)___
29.194
$1,761,227
$2,075,901
535.687
Crl.115
7.527
17.300
plant acquis,
construction
adjustments—
(Cr)
200,000
218,390
53,180
37,489
$989,171
preferred
stocks
159,380
289,560
ry.
166,
p.
1C9.86G
Additional
1580.
share
distribution was also made on
1946 totaled 35 cents in cash.—
stqck
in
1944
1945
$245,474
63,540
67,655
$225,864
57,638
$211,986
35,126
13,393
21,409
15,469
18,352
2,251,561
1,933,146
2,387,258
639,807
511,602
776,442
2,454,531
858,096
175,591
155,309
207,750
205,144
income
oper.
1946
1947
$235,510
from
Net
ry.
railway
railway
from
Net
—V.
income
oper.
166, p. 1481.
Lehigh
Valley
RR.—Earnings-
September—
ry.
railway
railway
1944
$5,824,226
1,169,770
$6,179,715
860,389
1,317,579
$7,831,448
1,896,721
172,241
660,920
590,315
1,336,973
53,839,541
9,449,965
49,280,921
61,343,166
8,633,295
13,235,919
75,053,944
21,172,123
3,738,613
3,422,922
3,796,777
9,132,175
$6,024,195
income
oper.
1945
1946
1947
from
from
from
Gross
Net
from
Net
ry.
—V.
railway
railway
income
oper.
166, p. 1481.
856.
Libbey-Owens-Ford Glass Co.—Earnings—
Total
of
bodies,
Run
to
dividends
but
employees
the
were
Federal
Net
paid
1.500
this,
and
sales
4,774,734
6,936,206
1,603,775
2,347,081
$8,727,826
2,555,206
$3.42
$2,616,681
2,554,296
$1.02
$3,524,878
2,551,068
$1.38
Detroit
1946
1945
1944
$169,008
$195,747
$414,110
267,589
119,651
95,495
125,287
.
months ended Aug. 31,
1947, gross profit
estimated Federal income taxes to $168,550 and
$25,550.
.
the manufacturing was done by the Hinckleysubsidiary of which the corporation owned approxi¬
1947,
a
"There
dissolved
formed in 1933.
(The predecessor was known as
Organization,
Inc.)
The
predecessor (subsidiary) was
1938 and thereupon the corporation acquired direct con¬
of Hinckley-Myers.
As of Jan. l, 1947, the corporation took over
operation of Hinckley-Myers plants, and in August, 1947, KentMoore
acquired all of
the minority
stock of Hinckley-Myers and
trol
and
to
a
of
1947
followed
glass
plants due in part to a two
plants, except for necessary
reduction in July and August ship¬
glass
necessitated
customers
substantial
still
are
said
products,"
backlogs
of
by
orders
their
shortages
most
for
glass
of
and
Biggers.
Mr.
coating resin plant of Plaskon
Quantity production is expected
The plant produces a wide variety of
resins for paint, varnish and lacquer manufacturers, under the Plaskon.
name.
The unit is part of the expansion of Plaskon's plastic manu¬
facturing facilities in Toledo.
The Thermopane plant at Rossford established its highest produc¬
tion in September.
Time schedule of deliveries on the insulating win¬
dow units has been
greatly improved, it was reported.
Mr.
at the new
also reported.
operations
in Toledo
final
the
were'
of
quarter
1947.
told the shareholders that in
line
adopted by Libbey-Owens-Ford, a charge
Biggers
.previously
with the policy
of $500,000 was
against earnings, in the third quarter, with credit to a "reserve
depreciation adjustment."
The objective of the policy is to bring
made
for
depreciation charges against earnings into close relation
ment cost of buildings. and equipment, he explained.
with replace¬
September the company paid the government $2,441,236 in final
settlement of renegotiation
of war contracts for 1945.
The amount
had been carried on the company's books as an account payable.
In
Action
December
the
on
the
of
meeting
Col.
T.
H.
166,
Chairman
by
M.
T.
President
the
of
since
this
of
board
and
Vice-President
Martin,
1939.—V.
166,
be
taken
at
the
Nov.
18
1481.
p.
in Personnel—
President
Barton,
elected
will
dividend
directors.—V.
Lion Oil Co.—Changes
was
in
the
all
of
reported.
Preliminary
Division
mately 74% of the outstanding stock.
Control of Hinckley-Myers was
.acquired in. 1929 by a predecessor of the corporation. This predecessor
in turn became a wholly owned subsidiary of the corporation when the
Kent-Moore
shutdown
operations,
was
plastic
of
automotive
to
it
price averages.
earnings in the third quarter
1938
rate
in operations in
vacation
ments
•
1945 and
in
drop
continuous
steel,
Calendar Years
Aug. 31, '47
in-
above
18%
slight
weeks'
Subs.)—
(&
earnings are comparable to normal pre-war years although,
is approximately double similar periods, John D. Biggers,
said.
Libbey-Owens-Ford prices have been held to a level
Reduction
are
Inc.,
outstanding
share
volume
President,
only
4,509,772
5,608,370
shares
per
$8,995,191 $10,381,731
de¬
profit
Current
day by next Spring, Mr. Kaiser
at present time lengthening
a
cars
contractors
eight
to
1,
Division,
Myers
in¬
$21,272,402
research
sales,
1945
1946
1947
other
taxes
Capital
shortages were overcome
kept steadily employed
$824,721,
Jan.*
Until
30—
and
(after depreciation)
adm.
Gen.
a
taxes
the
amounted
.
manufacturing
come
The best achievement previously was
"After deducting minority interest in calendar years 1944,
No minority interest in first eight months of 1947.
NOTE—For
thereupon voted to
Common
Lone
dissolve Hmckley-Myers.
BALANCE
CONSOLIDATED
SHEETS,
AUG.
31,
p.
company
has
been
since
1929
since
1929,
succeeded
and
as
has been
President-
Executive
Vice-
1789.
Sales
ASSETS—Cash, $245,306; United States Government securities, $203,-
receivable (after reserve of $9,577),
$146,277;
of cost (first-in,
first-out) or market, less re¬
serve,
$819,914; land, $18,950; buildings, machinery and equipment
(less
reserve
for
depreciation), $357,366;
construction in
progress,
$2,767; -prepaid insurance, postage and office supplies, $9,941; total,
Shares—
(& Subs.) —Earnings—
Star Cement Corp.
Period End. Sept. 30—
1947
and
Manufact.
698;
trade accounts
inventories—at lower
1947 —9 Mos.—1946
1947—3 Mos.—1946
$13,570,142 $11,710,456 $34,493,467 $30,436,353
shipping
costs and cost of pur¬
19,310,930
2,677,200
sold—
8,480,484
7,280,920
21,545,698
Sell, and admin, expense
1,173,161
968,427
3,113,866
485,861
493,242
1,410,142
1,401,455
$3,430,636
$2,967,867
3,423,761
$7,046,768-
chased
cement
for
Prov.
liabilities, including operating reserve, esti¬
taxes, and payment due within one year on long-term
long-term debt (non-current), $37,500; capital stock
per share), $160,000;
earned surplus, $948,423; total,
166, p. 1052.
and
deprec.
depletion
Federal
mated
$658,298;
$699,611
71/2
PT
__
net
on
assets
Sept.
Stock Fund Series
mon
Total
assets
net
of
the ten
o.f
30,
1947,
with
"S-l."
the
30,
1947,
the
Fund
"S-l"
shares
on
amounted
"B-4"
to
$19,275,277
same
12
increased
$8.89 per
months'
from
of
37
cents
period,
$2,687,406
net assets of the Series
$3,229,289.
The number of
total
ot
share out of capital gains on Sept. 15,
net asset value per share amounted to $25.51 on Sept. 30, 1947,
compared
w.th
$25.90
per
at
the
Net
245,163
301,989
$1,869,888
$1.97
$1,408,725
$1.49
taxes
profit
/'Earnings
"Based
and
on
outstanding increased from 103,752 on Sept. 30, 1946, to 126,Sept. 30, 1947.
Reflecting chiefly the payment of a special
distribution
1947,
equal to
529,249
921,071
charges,.
-
per
on
end
of
the
preceding
year.
1,459,075
1,122,775
2,194,559
616,457
2.032,663
789,906
taxes
share—
$4,536,519
$4.78
$3,582,102
$3.78
shares outstanding.
tOther than income taxes
are
charged directly to costs or other accounts.
948,597
which
^Including provision for doubtful
Series
share on the 2,168,000 outstanding
shares.
These figures compare with
total net assets of $18,097,304
at
the close of the Fund's previous fiscal year
on Sept.
30, 1946,
amounting to $9.11 per share on the 1,987,512 shares then outstanding.
Sept.
480,678
$7,527,446
—
Keystone Funds, totaled
compared
382,849
$8,806,610
inc. taxes
for
for Fed.
JMiscellaneous
more than
$154,000,000 on Sept.
30, 1946, it was disclosed by the annual reports of the Keystone High
Return Bond Fund Series "B-4" and the Keystone High Grade Com¬
Combined
161,843
$3,129,710
425,878
993,118
Total
(Provision
134,735
$3,565,371
income—
Miscellaneous
Prov.
$166,000,000
profit
Operating
LIABILITIES—Current
581
$1,039,921
Issue
cents per
From Jan. 1—
Gross
its
Keystone Custodian Funds, Inc.—Net Assets Up
35,763
exp.
Balance
to
17
From Jan. 1—
1946.-
(par value $2
$1,804,220.—V.
695,895
345,314
en
50%
railway
railway
Net
5
360,301
$1,199,301
accrued
A
Dividends
from
Gross
•
During
Dividends
—V.
166,
Organization,
after
577,126
678,077
380,458
&
income
Plans
amount
$436,139
debt,
Special
Net
total
8 Mos. End.
433,400
30,423
long-term
on
of
Interest
the
of
meeting
autcs.
taxes
3,455,818
deduct¬
(net)
Gross income before
Amortiz.
of
$1,804,220.
823,606
prof,
ing special charges
Interest
Willow
before
earnings
194(5 '
$7,569.24,7
$1,730,804
income &
from
18.
year.
dividend
a
2 to holders of record Nov. 15.
cents paid on Sept. 25, 7 cents on June 7 and
10
856.
from
in
661,375
depreciation
earnings
this
p.
Net
1789.
4,522,814
than Federal income
Fed.
with
March
on
30,
166,
Earned
accomplish
595,540
for est.
Other
862
manufacture
13,500
$9,012,216
Maintenance
other
herein)
1947
Operating revenues
Operation
Provision
$52,320,060
1480.
Iowa Public Service
Net
common
corporation's goal is
Jan. 31, '47
563,296
sales
Year End.
Sept. 30, '47
$38,364,832
166, p.
cents
Gross
shutdowns.
To
come
to
the pro¬
'
Net
1,267,610
722,742
the
Period—
Net
2,493,193
Lehigh & Hudson River Ry.—Earnings—
body
.Net
annual sink¬
of the issue by
redemption prices
$1,900,000
sale
the directors declared
stock, payable Dec.
30,
September—
corporation
-
Kent-Moore
an
1962.
due Nov.
bentures,
Taxes
5
assembly lines at Willow Run, Mich. An expansion program
calling for a $3,000,00.0 expenditure, is under way at the company's
Detroit engine plant and the "capacity of its recently acquired Indian¬
apolis Steel Mill is being doubled.
Construction contracts have been
let at Indianapolis and machinery has been ordered to modernize the
mill and at the same time double its output of sheet steel.—V. 166,
The indenture under
company's general funds
the
723,014
common
compares
June
praised
stop
the
corporation
niving
common
Prov.
This
single day.
to
and
latter
outstanding capitalization of the company will consist of 308,946 shares
—V.
special
a
increased
October with
a
Kaiser
with
registration statement..
the company from the issue
approximately
2,313,720
1,148,617
602,547
1,368,768
income
velopment expenses
the
October
ened
he
inventories.
of
1949—V.
statement
November
provide for
promissory bank notes.
to
1,609,412
347,644
107,790
Oct.
the
on
the work of the company's purchasing, planning
and expediting departments which
kept materials flowing to the as¬
sembly lines.
Twice during the month scarcity of sheet steel threat¬
the
by
2,829,486
railway
railway
oper.
9 Months Ended Sept.
Mr.
cur¬
corporate purposes, including expenditures for modern¬
ization and improvement of store properties and the opening of new
stores, the financing of increased accounts receivable, and the carrying
After
at
corporation
in
856
first
able for general
of
tjhe end of
3,000,000 shares of
day
Deben-
due Nov.
in
redeem
135,605
Lansing Stamping Co.—Declares 17-Cent Cash Div.—
assembled * 18,701 cars, which included
Kaisers and' 8,439 Frazers.
Best previous month was September with
16,535 cars.
A new daily production record was made on the closing
general
the
registration
a
time
some
rate, public offering price
company's
be
with
marketed
to
are
proceeds
the
of
the
will
be
to
82,887
income—
166, p. 1356.
On
nounced.
on
1936
its
Stores, Inc.- -Registers
headed by Lehman Brothers.
group
beginning
set
prepay
—V.
—
per
States
as
continue
15-year sinking fund debentures,
are
debentures
the
Of
70%
approved a
proposal to increase the. authorized capital stock, from 1,000,000 shares
of common stock, $1 par value, to 3,100,000 shares,
divided into two
classes consisting of 100,000 shares of preferred stock, $100 par value,
p.
Oct. 30 filed
on
maturity. The interest
will
about
of
Joy Manufacturing Co.—Capitalization Iricreased—
Tne
Corp.—New
served
will
147,232
$398,077
249,666
187,924
from
Net
In
40-cent
Vice-President.
and
243,621
oper.
ry.
part of the cost of improvements to the corporation's
that are now being made and, with one exception, will be
per
share
per
United
in
Telegraph
&
1944
$384,713
151,052
from
Net
Earnings—
debentures
which
company
minimum
and
by
The
company
Department
covering $5 000,000,
The
ry.
provide
tures—
The
will be due Sept. 1, 1967, prior
will have paid off through sinking fund
1947
l;
completed
1788.
p.
1788.
properties
Vice-President—
D.
p.
payment is due in 1953.
Of the net proceeds ($59,100,000) $28,700,000 will be used to pay off
$28,000,000 3V4% first mortgage bonds and the balance of $30,400,000
by the company's Toronto,
agencies and at the equivalent in
issued by the company's London
Telephone
associated
166,
first
said.
Edward
a
Sept.
the
time,
provisions
1480.
166, p.
1945
$313,923
261,430
From Jan. 1—
dated
are
The
issued
transfer
certificates
of
International
became
Net
Kaiser-Frazer Corp.—Production Increased in October
cents
40
The
1946.
without
be
certificates
of
New
sterling
will
1946
$466,279
railway—
from
372.
p.
& Laughlin Steel Corp. — Placed $60,000,000
Privately—The company, it was announced Nov.
6, has placed privately with a group of insurance com¬
panies and other large institutions an issue of $60,000,000 first mortgage 2%% bonds.
The issue was placed
through The First Boston Corp.
I
alwmya
alphabetical
dividend
extra
dividend
quarterly
1947,
the
respect
Montreal
1,039,263
Net
monthly output of automobiles in
October
by 13% over September, thereby setting a new production
record, Edgar F. Kaiser, Vice-President and General Manager, an¬
an
RR.—Earnings
1947
railway
from
Jones
1944.
heretofore
As
$2.37
company
The
declared
3
Nov.
year
quarterly
.share
Lake Superior & Ishpeming
Gross
V.
stock, both payable Dec. 20 to holders of record Nov. 20.
payments, dividends on this issue will amount to $2 per
common
113,710
$1,404,785
stock
common
New_York, trustee, 45 Wall Street, New York, N. Y.—V.
possible.
as
111.—Registers
registration statement
a
not
International Nickel Co. of Canada, Ltd.—Extra Div
-
for
has called for redemption On Jan. 1, 1948, all of its
outstanding (a) first and general mortgage 50-year 5% gold bonds
due July l,
1967, at 105 and interest;
(b) refunding and extension
mortgage 5%
gold bonds, series A, due July "1, 1967, at 105 and.
interest;
<0
refunding and improvement 6% gold bonds, series B,
due July
l,
1967, at 107V2 and interest; and
(d) refunding and
improvement 4>/a. 'k gold bonds, series C, due July 1, 1967, at 105 and,
interest.'
Payment will be made at the United States Trust Co. of
to arrange companies in exact
However, they are alwaye as near alphabetical
order.
Peoria,
with the SEC
1789.
$1,518,496
Jacksonville Terminal Co.—Calls Four Bond Issues—
and
NOTE—'For
Co.,
J
filed"
30
41,270 shares
(no par) common
stock, to be underwritten
by. Paul H. Davis & Co., Chicago. Price by amendment. The shares are
being sold by National Lock Co., Rockford, 111., a subsidiary.—V. 166,
Gross
fertilizer
installation
eering
113,710
$3,064,597
$5.16
1,781,594
requirements
Wire
&
The company on Oct.
Bonds
1480.
p.
of phosphate rock to meet the growing
industry and agriculture will be assured by
the new dryer facilities to be added by this corporation at its Noralyn
plant now under construction near Bartow, Florida.
Franklyin Farley, Vice-President in charge of the phosphate division,
stated that the new plant will be able to handle about one million tons
The
$3,178,308
6,926,876
$2,561,066
tional Dryer Facilities for Phosphate Operations—
of
dividend
166,
The
166,
the
p.
—
—V.
income___
of
.<
$7,573,983
railway
increase
contingencies—.
for
Steel
covering
696,247
800,000
250,000'
816,204
1,550,000
-
$7,776,539
International Minerals & Chemical Corp.—Plans Addi¬
An
Keystone
with SEC-
389,821
476,340
618,222
;
Earns, per common share (-593,865-6/18 shares)
Dividends declared on common stock^_^_„
railway
demands
-income
011
20,170,400
income—
oper.
p.
Net
share
''Deficit.—V.
Federal-taxes
$17,610,802 $13,115,986
1,432,407
1,432,407
$12.29
$9.16
shares
$4,130,903'
453,127
:
21,544,300
From Jan. 1—
from
cents
September—
'
Gross
payable Nov. 15 to holders of record Oct. 31.
This com¬
with 38 cents paid on May 15, last, 37 cents plus a special of
on
Nov. 15,
1946, and 34 cents on May 15, 1946.—V. 166,
1480.
pares
'
International Great Northern RR,—Earnings—
Net
expenses
profit
Preferred
1946
1945
1944
$22,127,486 $29,32U,839 $27,(11,383
1356.
oper.
general
S2,
180,321'
$6,615,861
and
9,011,500
September—
from railway
Net from railway
ry.
Provision
Balance
Gross
Net
series
182,097
income
Provision -for
Subs,)—
(&
Corp.
567...
p.
in¬
11,410,500
per
166, p.
and other expenses.—V.
1947
$29,021,302
taxes
Can.
profit
capital
of
$0.09
Business
taxes
come
No.
inc.
&
$3,768,485
204,874
Taxes, other-than Federal taxes on income
Provision for depletion and depreciation
$170,731
$0.05
of sales
Sept,-30—
before
S.
U.
$89,189
$0.32
com. share
International
Profit
$636,083
$0.64
profit
$6,410,987
income—
corporation announces a' regular semi-annual distribution of
per
share on the Keystone Income Common Stock Fund,
cents
45
$265,731
739,000
operations
from
Interest, royalties, and miscellaneous
Profit on sales of capital assets—
88,800
50,000
47,250
$1,990,043
(est.)
per
The
65
Administrative
Earnings
45-Cent Dividend-
1947"
1946
'
6,169,114
5,138,298
$25,117,607 $17,868,864 '
18,706,520
14,100,379-
1-
sales
of
"
'
re¬
Co
taxes
Sept. 30—
Tonnages of coal produced-—dnoss sales
and
Balance
.
Island Creek Coal Co. (& Subs.)—Earnings—
Interlake Iron Corp.—Earnings—
<
NOTE—The
cluded
above
accounts and contingencies.
of the South American subsidiary companies
figured at the average exchange rates, except
results
are
in¬
a*
provision for depreciation and depletion which ife based on the
dollar value of fixed assets at
the time of acqusition.
The Cuban
results are figured at the par of one Cuban peso equals one U. S.
dollar.—V. 166, p. 951.
to
the
Louisville Gas & Electric Co.
Electric
totaled
output
38,055,000
(Ky.)—Weekly Output-
1, 1947,
for tho
increase of 24.3%.—V. 166, p. 1790.
of this company for the week ended Nov.
kwh., as compared with 30.617.000 kwh.
corresponding week
last year,
an
8
THE
(1892)
•
Mathieson Alkali
Long Island RR.- -Earnings—
September—
Gross
from
Net
from
Net
ry.
$3,783,447
991,620
$4,178,309
1,049,498
958,754
$3,964,252
1,074,751
200,781
279,520
255,257
income
from
Net
from
Net
ry.
Total
$1,765,195
2,485,606
6,190,125
7,669,604
0753,476
railway
1,130,608
3,375,718
"Deficit.—V.
Lustron
166,
1357.
p.
With
Houses in First Year—
Completes Financing
—
$16,340,000—Schedules 30,000
the company expects within nine
months to be producing
its five-room, all-steel houses at a rate of
30,000 units a year.
The financing, handled by Hornblower & Weeks
of Chicago,
involved $840,000 in cash equity money from purchasers
of common stock and an additional sum of $860,000 additional money
Strandlund
explained
that
Against this equity, he explained, the Recon¬
struction Finance Corporation will loan Lustron $15,500,000 over seven
spent
development.
on
at
years
after four
convertible into the company's common stock
$100 of the loan.
4 %,
10 shares for each
years at
Strandhind.
They include: Joseph E. Nolan, partner, Bell, Boyd & Marshall;
Raymond Hurley, Vice-Chairman, Thor Corp.; Louis Leverone, Presi¬
The
directors
the
of
Holland
Machine
Federal
Co.,
Machine
partner,
Wellington & Co.,
dent
and
become
all
General
President
former
its
rights
the
to
York.
New
that
the
Strandlund
resigned his position as Vice-Presi¬
of the Chicago Vitreous Enamel Co. to
housing concern.
He explained that his
new
withdrawn
the
from
enterprise
Lustron
and sold
corporation.
new
said
that
the
sole
objective
of
Lustron
the
bring to the mass population at a price they can afford a lifetime
home offering beauty and utility features previously unavailable to
No.
of
rooms,
the dining
Mr.
vanity
built-in
a
with
bookcase
and
room
Strandlund
eight
an
the
in
cabinets
explained
structing the houses differs
an
in
mirror
foot
living
the
that
the
from
the
enamel
pervious
to
harmful
ing
fuses
weather
airborne
with
the
the
of
one
enamel
other
or
steel.
As
salt
air,
conditions,
substances
lifetime.—V.
a
165,
The
third
To
bed¬
closet
in
used
enamels
in
con¬
that
in
it
McCormick
which
result,
a
the
sulphur
finish
fumes
obviates upkeep
the
on
is
and
im¬
other
homes
dur¬
&
Co.
and
associates
cumulative
ferred
tion
shares
§io
cash
the
on
for
basis
share
each
5%
cumulative
The
preferred
holders
expires 2
such
of
shares
6%
offered
now
cumulative
(CST)
p.m.
two
5%
after
Nov.
6%
of
and
cumulative
issued
not
preferred stock
10.—V.
Sept. 30—
Fed.
Contingency
facilities
increase
of
No.
166,
pre¬
The
in
of
—V.
1946
1945
$1,714,401
$1,346 018
$1,334 089
150,000
200,000
200,000
200.000
announced
$1,514,401
$1,146,018
$1,134,089
568 400
570 000
512.000
579 376
$3.36
$2.66
$2.00
per
these products in the
ton
derwriting group that publicly offered on Nov. 6 $20,000.000 25-year 2%% sinking fund debentures, due Nov.
1, 1972 at 99V2% and
The
net proceeds
bank
loans
will be
currently
accrued interest.
$25,000,000
of
chlorine
for
with
the
balance
of $7,000,000
added
to
during
the
next
five
years.—V.
166,
p.
the
50
cents
dend
paid
1946,
the
166,
and
Aug. 21—
1947
1946
1945
1944
$157,769
$142,595
$125,714
Fed.
"Net
inc.
18,830
12,388
11,658
tax
6,488
income
"Exclusive
of
$138,692
profits
STATEMENT
OF
or
$56,546
oh
declared
demand
at
on
$123,765
$105,159
quotatiens
selling
AUG.
of 42,441
the company's
facilities due for
soda
share.
a
the
dividends
Both
record
of
by
Dec.
1,
company
bring
disbursement
only
one
31,
shares in
dividends
$13,975,184;
cash
on
of
the
last
Dec.
previous
cents
25
treasury) outstanding at Aug.
31,
Covering
Sanders
—V.
400.000
&
Co.,
3
shares
Boston,
filed
of
with
the SEC
capital
The
Mass.
stock.
price
is
a
common
15,
1947,
to
divi¬
common
share, on Dec. 16,
stock
last
year.—V.
Underwriter
based
on
is
Vance,
market
price.
1947
Retail
—V.
sales
Year to Oct. 25
1946
$5,744,414
Life
Kalmbach,
Insurance
sachusetts
Co.,
Mutual
First
has
Life
Vice-President
been
Insurance
been
on
elected
Co.,
a
of
the
Lincoln
Vice-President
effective
Jan.
1,
of
National
the
1948.
He
Mas¬
has
associated with the Lincoln National since 1924, and has served
the board of directors of that company since 1937.—V.
165, p. 1194.
of
effort
an
effect
to
deficiency
FOR
Liquid
President
elected
an
arrange¬
assessments
be
may
AND
1947
Corp. at Dallas,
Bewley Mills, Fort
the
123,
TO
DATE
1945
$4,852,761
782,471
980,862
2651.
p.
YEAR
1946
$5,662,468
—
Carbonic
of
directors.—V.
SEPTEMBER
income—
oper.
the
Bomar,
been
railway
railway
Net
Net
—V.
166,
1944
$5,883,184
$7,171,703
1,404,064
2.375,726
281,551
243,860
471,608
356,650
50,413,954
45,553,778
67,619,601
62,106,436
11,203,878
8,902,392
22,890,810
19.640,080
4,034,028
3,264,960
5,524,075
4.834,784
1790.
p.
Monongahela Ry.—Earnings—
1947
Net
ry.
1945
1944
$599,361
$465,890
$503,821
294,704
railway
railway
1946
$634,596
from
from
300,158
232,910
226,706
72,728
141,427
84,842
48,088
6,101,475
4,332.594
4.536,552
5.049,506
3,164,630
1,905,278
2,210,106
2.607,401
1,336,740
633,720
837,757
971,343
income
oper.
From Jan. 1—
from
Gross
Net
from
Net
ry.
—V.
railway
railway
income—
oper.
166,
1483.
p.
1946
the
$4,307,863 $56,425,470 $48,051,792
the
(Exclusive
of sales and
admin,
of
30—
U.
Operating
Other
15.
Total
Plywoods, Inc.)
The
7,470,849
5,712,551
22,993,333
15,857,791
$690,320
$563,445
$2,460,327
$1,368,175
66,317
78,333
204,966
302,674
net
income
$756,637
$641,778
$2,665,294
$1,670,849
16,593
17,343
50,406
52,656
charges
and
303,000
profit
256,000
1,072,000
$1,542,888
486,216
559,419
$0.68
$2.65
$1.74
'Profit
com.
share
$0.74
Inc.
Per
Net
in U.
Plywoods
130,573
96,034
406,510
$0.20
$0.73
of
shares
on
outstanding
at
end
of
respective
periods.—V.
selling
Milk
45
made
be
First
The
at
Mass.—V.
Boston,
Street,
Midland Valley
from
from
Net
ry.
National
165,
Bank
of
Boston,
trustee,
2672.
p.
Other
from
Net
ry.
—V.
Net
1946
$133,553
$143,108
35,944
31,717
45,591
1944
18,269
17,546
19,619
23,074
1,442,135
1,224,368
1,308,652
1,261,772
436,227
259,316
426,836
399,419
186,915
81,869
215,048
income
$673,648
$572,359
$7,040,209
$6,320,257
321,005
231,730
3,016,992
2,373,228
47,167
42,167
551,000
483,750
9,233
4,500
96,597
10.077,308
188,186
172,614
1,992,859
1.568,839
$505,247
expense—
taxes
(769,775
]
)
J
profits tax
Gross
145,305
83,762
2,283,000
197,970
$3,740,991
1946
$340,840
taxes
operations were considerably curtailed due
shortage
by strikes,
by
agreement
of
steel,
the
of
shipping
work
to
railroad
crate?,
powder
subject
Myler
bulk
sale
for
to
and
corporation
Livingston
and
the
latter
period
a
renewal.
to
Plastics
in Jersey
special finished
of
for
this
D.
Mr.
Art
M.
whereby
15
plant
new
manufacture
Lester
supervision
1952,
30,
Treasurer
at
between
Oct.
on
sales
and
June
elected
and
Inc.,
Co.,
announced
factory
the
D.
assume
of five years,
Livingston has
Corp.
City,
J.,
N.
products
independent
will be allocated
the production
and
fabricators
and
con¬
verters.
of
view
In
the
that
fact
the
fiscal
ends
on
Nov.
30 in
each year, the directors have deemed it advisable to
change
the date of
the
annual meeting of stockholder? from the
second Moday in December to the second Monday in February of each
year, so
that a fiscal year audit shall be available at the meeting.
—V.
162,
year
of
the
corporation
Jg. 3077.
York
Value of Stock Changed—
Exchange has
Curb
been advised that by amendment
the capital stock of this corporation
without par value into shares having
a
par value of $10 per share on a
share-for-share basis.
Beginning
Oct.
30,
1947,
transactions
in
this
issue
were
recorded
on
the
New
articles
its
lias
$154,682
[927,630
income
$622,572
120,983
was
plastic
been
of
incorporation,
changed
Exchange
the $10
in
shares
from
Nashua Mfg.
139,280
$150,938
and
excess
117,325
$6,144,979
par
value shares.
The stockholders on Oct. 28
adjustments
income
1946
18,903,725
$6,042,678
Manufacturing
terminating
700,206
—
Federal
Nov.
459,511
expenses
General
to
1947
depreciation
administrative
Federal
contract
complete
to
1947—12 Mos.—1946
depreciation
of
plant acqui¬
sition
19
manufacturing gas.—V. 166, Ji. 952.
Gladstein
The
1947—Month—1946
Sept. 30—
for
Amort,
of
Nachman Corp.—Par
revenue
Prov.
Nov.
Corp.—Earnings—
30—
and
caused
and
Marble
1357.
Mississippi Power Co.—Earnings—
Operating
proposed two-for-one
from
income
stoppage
177,840
railway
Period End.
on
similar
102,301
NOTE—The
to
$159,198
income
oper.
the
on
depreciation
for
of
1945
48,558
railway
166, p.
vote
been changed
charges
been
1947
$170,397
railway
oper.
by a
Myler Plastics Corp.—Contract Agreement—
RR.—Earnings—
lailway
fioin
has
income
Facilities
Net
made
1790.
p.
income
Total
A
has called for redemption on Jan. 1, 1948, for account
of
the
sinking fund, $16,700
of 7%
30-year first mortgage sinking
fund gold coupon bonds due Jan. 1,
1954, at 105 and interest.
Pay¬
will
stock
166,
income
Operating
cars
company
ment
V.
exclusive
for
Metropolitan Ice Co.—Partial Redemption—
The
per
record
$27,127,443 $12,324,008
sales,
Provision
$0.46
857.
p.
special meeting to
in
Shipping,
225.368
$0.23
earnings
"Based
$1.25
was
followed
was
sales
Provision
equities
share
166,
share
per
share
per
of
1053.
p.
Mullins Manufacturing
486,216
outstanding
per
which
cents
holders of
to
$954,193
Comi shares
Mengel
the
of
the common
details
See
9 Months Ended Sept.
664,000
$368,435
$437,044
559,419
-
last,
1,
166,
cents
15
1
state
income
on
date
split-up of
25.
Other
Net
June
on
1.—V.
of
20
dividend
selling
expenses
for Fed.
stock
Sept.
on
distribution
initial
An
common
Cost
Interest
dividend of
a
stock and the usual quarterly
preferred stock, both payable Dec.
the
Moore-McCormack Lines, Inc.—Meeting Date Changed
S.-Mengel
1947—3 Mos.—1946
1947—9 Mos.—1946
$8,161,169
$6,275,996 $25,453,660 $17,225,967
profit
income,
the directors declared
29,
common
on
Nov.
Mengel Co.—Earnings—
and
Oct.
On
payment
Period End. Sept.
Net
sales
724,285
$1,678,215
282,481
$1,579,276
Cr4,27l
At
meeting
special
a
approved the change.—V.
164. p. 2549.
Co.—Preferred Dividend Increased, Etc.
held
on
Oct.
31.
the
stockholders
voted
to
the provisions of the 2nd preferred stock to establish a fixed
fund of $200,000 in 1947 and $150,000 annually thereafter
to effect
the complete retirement of this stock by the end of
1954.
There
are
now
30,615 shares outstanding which have a redemption
change
long-term
on
28,357
debt-
on
22,588
273,133
CV315
Cr353
CV4.167
Crl,299
Cr21,145
5,796
$123,430
prern.
Cr534
$133,746
$1,421,047
7,705
10,049
114,917
$1,304,618
120,594
$115,726
of
$123,696
$1,306,129
$1,184,024
debt
deductions
sinking
of
value
Divs.
preferred stock
on
Balance
-V.
166,
per
share.
the dividend rate of this stock was increased
to $2.30 per share annually and the dividend was
cumulative.
Certain minor changes
in the protective
provisions were made and the stock was designated "Preferred Stock"
as
it is the only preferred issue outstanding.
from
time,
same
annually
$2
made
1686.
p.
$42
the
At
inccme
Net
fully
To Sell Part of
Missouri-Kansas-Texas
RR.—Seeks Time to Pay
Tax
The
to
company
attract
Royal Little,
paign
bonds.
have
Property—
has launched a nation-wide real estate sale? campaign
diversified industries to the Nashau, N. H., area,
and
new
in a letter dated Oct. 25
adjustment mortgage of
5%
bonds of
1967,
explained why the directors, at their Sept. 15
meeting, determined to make no payment of Oct. 1 interest on those
In
this
determination
excess
profits
business
the
because
cash
conserve
due
the
directors
part:
influenced
were
of
by
the
need
to
a
liability;
award
increasing
President,
announced on Nov.
The cost of this
3.
cam¬
will be borne by this company.
Local and state development
agencies are being invited to participate in the program.
The plan, broadly, envisages the closing of the six buildings
of the
Nashua
Mill
which
border on the Nashua River.
These buildings
floor space
total
a
of about 825,000 square feet.
buildings at the Nashua Mill,
as well as the
comprising in all 2,000,000
feet, will be retained.
A small amount of the machinery is
being transferred to these mills from the buildings to be sold, and
approximtely $1,200,000 are being spent by the company for additional
new machinery
and equipment, Mr. Little announced.
Mr. Little estimated that the excess machinery,
most of which is
still in operation, will be available for sale shortly after Feb. 1, 1948.
The buildings will become available for occupancy as soon after that
date as
machinery now in place can be sold and removed —V. 166,
remaining
the
of
company's modern Jackson Mill, in Nashua,
pending substantial Federal income and
the continuously mounting cost of doing
to increases in the cost of fuel, materials, supplies, etc.;
tax
arbitration
recent
the
wages
of
non-operating
cents per hour, effective Sept. 1, 1947; the prospective
operating employes for a similar increase in wages, and
15V2
by
the action of the Interstate Commerce Commission
to the application of the railroads for relief through
~
freight rates.
the board meeting referred to above, the operating employes
uncertainty of
respect
square
p.
762.
increased
Since
have
submitted
which,
J.
have
in
the
of
Elected—
P.
from
share
1947
1582.
166, p.
minimum
Massachusetts Mutual Life Insurance Co.—New V.-P.
Revenue
Manager
railway
from railway
ry. oper, income
on
the
registration statement
166, p. 761.
Leland
ry.
Gross
Net
a
4 Wks. End. Oct. 25
with
Nov.
on
Net
Gross
demand
company
and
study
Moore-Handley Hardware Co., Inc.—Div. Increased—
employes
Registers 400,000 Shares with SEC—
the
857.
p.
Mr. Morfa's letter follows in
1947, $14,977,254;
are
costs.
been
has
time.
of
from
from
All
$15,123,459.
$15,123,459.
Tne
Tex.,
Net
166, p. 1582.
Raymond J. Morfa, Chairman of the board,
addressed to holders of
the company's
1947
(including
ex-dividend),
total,
Beach,
EARNINGS
for soda ash and
total price increases
payable
are
The
1947.
was
They
employes.
increased
other
officers
ton
per
ten years to only 28%.—V.
same
non-operating
for
and
From Jan. 1—
and
LIABILITIES—Accrued expenses, $3,412; accrued taxes (other than
Federal income tax),
$2,767;
payable
for
capital stock
reacquired,
$5,695; dividend payable, $134,332; net assets—equivalent to $11.15
per share for 1,343,316 shares of $1 par value capital stock (exclusive
total,
caustic
$2
the
payment
William
Deficiencies—
LIABILITIES,
market
$1,148,276;
$113,326
securities.
AND
stocks
on
deposit,
losses
ASSETS
ASSETS—Investments,
of
at
$123,305
19,077
Expenses
for
of
K.
and
Worth,
Internal
the
period
a
Directors
James
Melville Shoe Corp.—Current Sales Increased 33.3%—
Int.
1790.
Massachusetts Investors Second Fund, Inc.—Earnings
income
New
Tex.,,
of
which
over
Gross
have voted to place the common stock on a regular
dividend basis, with the declaration of a dividend of 25
and at the same time declared an extra dividend
stockholders
Other
Prov.
30%
by
share,
a
Amori.
3 Mos. End.
there
directors
The
cents
Gross
applied in part to the payment
outstanding,
company's general funds. The remainder of the proceeds, together with
additional
funds
which
may
result from depreciation
accruals and
undistributed earnings, will be used for its improvement and
expansion
program and for the carrying of increased receivables and inventories
Which mav be necessary in connection with
expanded operations,
It
is estimated, based on
present cost levels, that the corporation's con¬
templated imorovement and expansion program will icauire approxi¬
mately
production
(The) Maytag Co.—To Pay Quarterly Dividends—
Net
Macy & Co.. Inc.—Debentures Offered—Leh¬
Brothers and Goldman, Sachs & Co. headed an un¬
Bureau
by
September—
From Jan. 1—
(R. H.)
in
the
September—
Gross
man
ash
to
directors
audit
spread
was
$1.96
shares..,
1152.
p.
soda
increases
price
$5
Gross
$1,910,676
share
per
plants
all
1944
$2,060,676
reserves
capital
166.
at
notes
on
exchange
exchange offer
1581.
P.
1947
taxes_
profit
Earned
production
1948.
September—
Net
that
reveals
to
quarter
report
recently
cumulative
McGraw-Hill Publishing Co., Inc. (& Subs.)
—Earnings
9 Mos. End.
Profit
report
capacity level.
the
of income
and excess profits
tax returns for the years
1942, 1943 and 1944, which study has been under way for many months
The final audit, which was received in September of this year,
disclosed ta,x deficiencies for the
years in question aggregating $3,724,322, including accrued interest and after allowing credit for the 1946
carryback. The present treasury position will not admit of the payment
of this large sum and near-term commitments for
capital obligations,
without reducing working capital below the level of current
require¬
ments.
Officers of the company are in
negotiation with representatives
$1.58
that costs of labor, construction and coal, three
major factors in Mathieson's operations, have increased approximately
100% or more in the past ten years, and costs of other materials and
supplies used by the company have increased more than 60%.
The
pre¬
cumulative preferred
of
Such exchange offer is conditioned upon the consumma¬
purchase by the underwriters from the company of all 5%
the
$2.36
completion
S.
their shares
plus
$0.54
increasing demand, dry ice production
plant will be increased by 30%
in new
in the second quarter of 1948.
Saltville
Mengel's
stock.
of
cumulative
to
30
preferred stock
The company is offering 15.764 of the
20,000
ferred shares to the holders of its
outstanding 6%
preferred
Oct.
on
at $51.25.
exchange for
828,171
to
past.
is
812.
p.
offered 20,000 shares of 5%
in
828,171
meet
taxes
stock
$1,431,804
$0.63
quarter
in the third
final
of
$488,349
828,171
$2,076,646
828,171
shares-
awarded
wages
concern
ment
at
additional
Lyon Metal Products, Inc.—Preferred Stock Offered—-
(par $50)
200,000
The Lake Charles, La., ammonia plant,
acquired from the government earlier this year, has been running at
aproximately rated capacity since Aug. 1.
Preliminary work has begun at the Lake Charles alkali plant on
Prov.
Kebbon,
855,000
200,000
share
per
maintained
Cost
porcelain
paint
in
built-in China
room,
kitchen.
inorganic material and is applied to steel at such high temperatures
that
1,415,000
27,269
$565,915
common
Earn,
The corporation proposes to build porcelain
enamel steel houses,
consisting of five rooms, plus a utility room, at a cost of $7,000.
This
house, 32 x 35 feet 6 inches overall, contains many features which in¬
built-in
144,619
290,000
income
Net
this group.
a
$2,431,423
187,606
465,000
tax
is
house
to
clude
$829,649
51,400
$3,879,252
61,478
income
quarterly
has
he
The Lustron Corp., which originally tried to obtain a lease to the
Dodge-Chicago plant now occupied by the Tucker Corp., has leased the
giant Curtiss-Wright plant in Columbus, Ohio, one of the few available
plants of suffic:ent size to house its large-scale operations.
Mr.
$2,353,206
78,217
charges
and Raymond Haynes,
Ohio,
Warren,
Co.,
Manager
of
has
company
Holland,
New
Mr. Strandlund said
$3,789,848
89,404
all of Chicago;
Welder
&
and Howard E. Buhse, part¬
George Delp, President, New
Pa.; Paul O. Buckley, director,
America,
of
Co.
Hornblower & Weeks,
ner,
also announced by Mr.
were
company
dent, Automate Canteen
Income
that the firm had
President, announced Oct. 31
cotnpleted
its financing
with
a
total capitalization of $16,340,000.
The company, it is said, is the nation's first company to produce lowcost, long-life housing on an "automobile assembly line basis."
Mr.
$802,380
Prov. for contingencies^
Corp., Chicago
Carl G. Strandlund,
$3,624,082
1,270,876
504,905
Total
9,025,113
Federal
income
oper.
$5,242,741
1,452,893
34,564,760
34,896,957
9,630,774
34,858,036
35,869,656
$1,226,519
424,140
deplet._
Income credits
railway
Of
$1,260,291
32,103
&
earnings
in
wholly inadequate to compensate
1947—9 Mos.—1946
$1,292,394
Depreciation
Monday, November 10, 1947
increase
(Inc.)—Earnings—
1947—3 Mos.—1946
earnings
Net
Prom Jan. 1—
Gross
Works
CHRONICLE
276,810
$4,579,020
railway
oper.
& FINANCIAL
Period End. Sept. 30—
1944
1945
1946
1947
railway
COMMERCIAL
On
would
are
Oct.
temporary
than
10%
decision
These
on
disposed
$3
of
per
be
the
for
day,
most
cost
a
increase
30%
and
costly
changes
the
will be
to
thereof
in
wages
with
a
working rules
carriers.
Until these
in
44
undetermined.
6,
1947, the Interstate Commerce Commission authorized
interim increases in freight rates averaging slightly less
(which were made effective Oct. 13), pending a final
the application of the railroads for an increase of 27%.
temporary
current
demands
of
granted,
if
demands
their
increase
volume
of
interim increases would yield, on the basis of the
business, very little more than enough to offset the
Nashville Chattanooga & St. Louis
September—
from railway
Gross
Net
from
Net
ry.
1947
$2,486,547
150,590
railway
oper.
Ry.—Earnings—
1946
$2,315,726
102,402
1945
$2,715,273
103,012
1944
$3,498,267
939,901
5,259
"103,063
105,975
199,800
22,858,996
21,701,729
29,858,622
31,893,847
3,471,749
1,030,717
7,526,020
8.317,922,
1,240,724
"579,908
2,879,781
2,820,541
income
From Jan. 1—
Gross
from
Net
from
Net
ry.
railway
railway
oper.
"Deficit.—V.
income--
166, p. 1358.
Volume 166
Number 4645
THE
(The) Nashville Corp.—Sole Registrar—
The
Bankers
registrar
Trust
the
for
Co.,
appointed
sole
Period End. Sept. 30—
1686.
p.
Gross
sales,
less
returns and
National Bond &
Share
income
interest
from
Corp.—Quarterly Report—
dividends
and
the
for
nine
1947, after expenses and reserves, was in excess of dividends
(including dividend of 15 cents per share paid Oct. 15) declared during
thd
Dec.
31,
The
oh
Cash
Int.
profit
assets
30,
of
corporation
your
$1,933,232
$6,147,120
$4,651,784
83,482
404,093
432,828
based
,Net
n™
accrued, etc
—
—
^175,762
—
—V.
FOR
MONTHS
9
ENDED
dividends
on
SEPT.
1946
1947
for
1944
and
Fed.
State
for
2.953
4'*22
9,262
$250,307
11,517
11,594
*Net
for
26,832
t
12,200
$226,341
$223,155
$254,900
162,000
162,000
$61,155
360,000
360,000
to
results
the
the
net
profit
carried
and
from
to
transactions.
Actually
the
vear-end
sales
net
such election
provision was
and
loss
(computed
State
for
$3,506
sold
securities
on
Aggregate
compared
at
Sept.
unrealized
with
30,
cost
was
BALANCE
in
$28,037;
S.
value
at
decrease
SHEET,
banks,
U.
in
fellows:
as
$1,233,441;
1947,
ASSETS—Cash
accrued,
appreciation
Dec.
securities
of
SEPTEMBER
surplus,
payable Oct. 15,
capital stock (360,000 shares
$5,025,291;
securities
Co.—Earnings—
3 Mos. End.
operations
9 Mos. Ended
$433,681
depreciation
$1,516,516
30,
sold
surplus
total,
income,
dividends
and
150,895
479,187
674,266
$282,786
$1,037,329
$1,120,416
57,145
97,224
$308,873
operations!
$1,094,474
$1,217,640
11,005
income
55,453
25,969
143,200
524,500
646,400
108,684
taxes
from
166,
profit
$45,984
—
NOTE—For
to
was
cwned
Ended
as
$545,271
Net
as
Aug.
31—
and
profit
from
but
profits
less
in
Nov.
Nov.
will
vote
This
would
way
Mercantile
receive
19
due
exhaust
bonds
at
243,659
(see
226,138
the
160,
1,
affect
July
$1.01
$1.07
Co.—Plans Stock Dividend
special
be
meeting
equivalent
Nov.
to
14
on
2-for-l
a
stockholders'
present
be
for
the
Baltimore,
sale
(as
to
it
first
of
extended),
Md.,
a
pro¬
split-up,
interest
after
Provision
to
the
in
to
the
bank
not
of
noon
6 7,
income
sufficient
amount
$45,957, at prices not to exceed
delivered
until
mortgage
an
to
105, flat. Accepted
later than
of
noon
Nov.
26.
631.
p.
166,
1947—Month—1946
$4,372,317
1947—10 Mos.—1946
$3,884,766
$36,577,079 $34,060,390
1484.
p.
stock
of
first
a
1946
3,533,000
Nesbett
Fund, Inc.—Quarterly
783,338
on
common
Cash
3 Mos.
dividends
9 Mos.
$4,085
$2,058,000
$846,173
783.338
783,338
522,433
$1.54
$2.63
*$1.07
preferred stock then
and
outstanding.—V.
after
165,
dividend
Bank
$10,457
1,127
lexclu.)
of
realized
3,318
$3,473
NET
ASSETS
SEPTEMBER
30,
Distillers
Products
Corp.
p.
Nine Months Ended Sept. 30—
(cost
$349,297)
$331,588
and
interest
accrued
Interest
Provision
Net
bank
on
loans
214.
LIABILITIES—
—V.
1,257
to
36,590
equiv. to $9.30
outstanding shs. of capital stk.
sh.
per
(auth. stk. 1,000,000
For
the
for Federal income
of
Earnings
taxes
(&
shs.)
340,318
142,250
*
share
16,306,000
$23,100,712
$25,768,566
7,977.771
-
7,977,771
$3.23
Fed.
taxes
Other
the past ten years Director of Advertising and
corporation, has resigned.
He will be succeeded by
Vice-President of Lennen & Mitchell, Inc., advertising
J.
Kelly,
effective Nov. 10.—V. 166/
p.
Purchased
(& Subs.)—Earnings—
gas
Provision
Net
depletion and
income—
income—net
;
amort.
89,191
343,835
of
is
week
31
24,606,000
reported
ft.,
cu.
or
a
at
on
electric
kwh.,
or
154,150,000
output
9.96%
a
year
cu.
ft.
143,887
76,800
income
'Total income
deductions
s
$
28,129,498
114,327,901
Net
income
per
—V. 166,
p.
-—:•
share
952.
$0.05
.06
.07
*05
.04
06
(net)
§Cr767,212
§2,152,589
*§2,012,028
2,157,357
8,760,188
8,068,824
§3,255,467
§12,040,746t§15,672,217
54,147
Drl05,275
2,723,111
3,150,192
11,962,420
.07
07
.05
.07
08
.08
"qjj
*06
$363,959
64,545
54,409
$596,394
70,005
$418,368
1,326,424
1,086,570
4,877,471
.24
.08
.07
07
07
.iG
.06
'.10
.10
09
07
".06
stock
*.08
.iG
deficit
2,063,622
7,084,949
9,310,758
2,333,552
7,389,579
9,334,206
304,630
23,448
'
159,014
share
'
.06
.09
07
.19
.08
.11
06
.24
.01
01
.08
.03
.08
.19
,06
08
08
.11
Public
.06
'.08
.10
*04
.10
.16
10
.18
.13
.ig
'18
'05
utility
Railroad
Railroad
Govt,
equipment
bonds
Diversified
series
Ind.
V.
$526,389
$331,418
$1.18
include
■
$1.33
for
the
3
$4.55
months
and
$5.98
12
for
the
employees'
Miscellaneous
amounts
respective
service
of
periods
pfd. stock fundCoast
an
pension
$173,565, $694,-
accruals,
representing
that
which were charged
Deductions
the
effect
of
reduction
in
Federal
taxes
non-recurring items.
"Other Income"
amount offsetting such tax reduction.
excess
.10
06
.14
.13
dividends
paid
from
realized
security
166, p. 570.
Gross
from
Net
from
ry.
profits.—
Susquehanna & Western RR.—Earnings
1947
1946
1945
$358,439
1944
$374,024
$290 385
100.253
railway
$433 274
110,873
91 211
190 949
railway
income—_
oper.
18,519
51,166
45 694
8l'?8G
3,048,908
3,006,634
3,498 444
4 379 694
006,383
767,758
1
1
185,247
31,821
From Jan. 1—
'
from
railway
railway
oper
income-.
from
ry
•—V.
166, p. 1687.
New
York
31,
Telephone
1947,
Commission
'
361 327
909*122
'705*484
'
499,880
for
bonds,
to
Co.—Plans
filed
company
a
petition
$60,000,000 Issue—
with
authority to issue $60,000,000
be
dated
on
or
the
New
York
P
30-year refunding
about Jan.
S
mort¬
15, 1948, and to b- offered
through competitive bidding.
The proceeds will be used to
rejmbuise the
company s treasury for prior
capital
expenditures
to
repay
short-term bank loans, and to
finance further additions and
for
sale
imPl^^eraents to
of
facilities in the State
of New York.
V. * I66r
the
profits
effect
of
SEC has granted to the
corporation an extension to
May
time within which it
must dispose of all its
interest in
the
Niagara
Electric
granted
to
Corp.
estimated
credit;—V.
166,
p.
and
all
the
latter's
the
subsidiaries.
holding company an extension of time
maturity of all of Niagara Hudson's obligations
the
its
credit
agreement
dated
Noma Electiic
July
12,
1945 —V.
166,
p.
The
1
1943
Buffalo
SEC
to
Nov
to
banks
1
also
1950
under
1687.
Corp.—Earnings—
Aug. 31,'47
sales
—V.
June 30,'47
$7,954,751 $17,239,528
806,939
364,952
166, p. 668.
Northeast Airlines,
The
refund
1582.
Inc.—Meeting Adjourned—
special
stockholders meeting called for Nov. 5 to
vote
83,333 shares of preferred stock at $20 a
share, was
adjourned to Nov. 24, due ta lack of sufficient
proxies.
of
ance
Atlas
ing
Corporation, which owns 20% of Northeast's
shares, has guaranteed to puichase any
common
shares
which
remains
unsold.—V.
Northern States Power Co.
166,
p.
500,000
of
issu¬
on
lurther
outstand¬
the
new
pre¬
1687.
(Del.)—Weekly Output—
Electric
output of this company for the week ended Nov.
59.159,000 kwh., as compared with 53,096,000 kwh
correspondihg week last year, an increase of 11.4 w —V. 1
u6,
totaled
Nu-Enamel
&
Co.
Corp.—Secondary Offering—B. V.
Oct.
on
shares of
a
$173,565,
certain
§Includes
08
.08
.06
.16
investment
year-encl
.05
.17
.07
29
common
made
a
j,
1947^
for
tha
1791.
p.
Christie
secondary offering of 25,000
stock (no par) at $5.75 per share
with
concession of V4 point to dealers.—V.
106, p, 306.
shown
considers that these amounts
were, in fact, current operating expenses.
of
.04
series
New York
months
from
Income in
order
to
comply with
accounting requirements of the Federal Communications Com¬
mission, and are included in "Other Income—net."
The
$0.74
;
06
'
__
Shs
bond
Includes
ferred
269,930
$0.90
Revenues"
$738,800,
^Includes
1()
.16
Oil
4,340,^13
1,396,687
___
Br78,326 Dr2,021,246
the
86,950
07
.34
equipment
13,650,971
—
t "Operating Expenses" include
to
$531,849
jq
.12
99,903,112
1,555,701
""Operating'
With
Earnings
2-25-47
$0.07
.12
32.775,110*137,281,424 125,656,181
company
feross
5-26-47
2 Mos. End. 6 Mos. End.
2,668,964
income
deductions
of
5
as
$0.07
Profits after taxes
514,106
income
portion
Nov.
shown
.10
Net
ending Sept. 30, 1947, approximately $148,000 and $385,000,
respec¬
tively, subject to refund in the event of an adverse decision in a
pehding rate Case.
257,
8-25-47
special
record
.10
1947—9 Mos—1946
2,114,162
income
per
1
.03
Co.—Earnings—
30,918,542
Dividends
Earns,
the
on
of
payments
'.10
above production
ago.—V. 166, p. 1790.
$
*36,215,774
income__
income
Balance
Co.
_
18.99%
year
1947—3 Mos.—1946
expenses
operating
Interest
335,794
146,799
101,300
retirements,
430.223
1,055,976
110,481
taxes1
operating
Oct.
taxes
Total
$2,495,832
515,117
1,152,457
"
.,
for
1946
$2,901,839
revenues
.Federal income taxes
-Other
1947
expenses
Maintenance
-General
reports
1,407,709
1G54.
9 Months En^ed Sept, 30—
operating
the
for
this
of
for
revenues
tOperating
Net
<Other
of
$
Operating
Net
National Gas & Electric Corp.
Total
Association
increase
an
14,132,152 kwh. for the corresponding week
Period End. Sept. 30—
tOther
agency,
the
31,
is
New England Telephone & Telegraph
194G
&
Niagara Hudson Power Corp.—Given
Until May 1 to
Dispose of Buffalo Niagara Stock—
Association—Output—
129,544,000 for the corresponding week
$42,216,816
$2.90
shares
Hickson,
Promotion
Philip
Oct.
This
increase
an
holders
.20
of
output
is
dividends
to
previous
.13
Subs.)—Earns.
$37,733,795
14,509,000
.
per
M.
ended
kwh.
production of
Gas
New Official—
L.
week
15,539,861
above
Stuart
762.
p.
New England Gas & Electric
of
25
*11-25-47
distillery
.
gage
$341,574
166,
following
Nov.
three
stock
Oct.
This
124,083
profit
Number
res.
the
Metals
1,793
$341,574
$1)
Halsey,
8,194
Total
Accrued expenses
Net assets applic.
competing bid
05
Net
at market quotations
receivable
by
A
.05
Net
receivables
Dividends
requirements
1947
Earnings from operations after deprec. and
declared
below—with
Building supply
$7,139
1947
ASSETS—
and
98.639.
Stocks, Inc.—Distributions—
_
Electrical
of
submitted
was
:
Net
losses
&
gains
investments)
OF
bid
a
l,
Business equipment
Chemical
1,743
$4,600
Investments,
of
National
2,269 006
$8,714
514
inc.
Cash
2,400,000
shares,
on
corporation, payable
Aviation
*
ago.
r:Based
on
6
$0.24
and
Pacific
Statement—
3,246,173
1,475,000
outstanding
Earnings per common share
to
column
Corporate
Total
1945
840,000
shares
99 09')
1*16*988
1947 and mature $500,000 each
Nov.
1962.—V. 166, p. 1791.
have
Automobile
all of the company's
2,041,894
profit
Nov.
Industrial Series—
The
Net
Common
1948
this
Diversif.
$32,766,000
taxes
Nov.
Diversified Inv. Fund
Diversified Specul. shs.
Brothers, Inc.—October Sales Up 12.5%—
—
—V.
Net
$1,201,894
Federal
1 051,899
1,291,088
Steel
Expenses
$39,167,000
charges
for
896,307
1,467,149
$241 50.V
1484.
p.
dated
are
September—
$40,071,000
Profit
2,001,091
373,564
761,309
Machinery
will
Total
3, has arranged
insurance company.
1947
1,580,042
168,072
1944
Merchandising
Co.,
Period End. Oct. 31—
Corp.—Earnings—
31—
63,863
$163,140
42,933
143,777
1,632,027
213,486
Food
1949
of
sum
Neisner
(par
Ended
1945
41,995
comparison) :
Period Ended Sept. 30, 1947—
1153.
Months
1946
*136,104
awarded
directors
226,138
a
would
Trust
bids
Feb.
should
—V.
on
Ibank indebtedness, amounting to $8,000,000 and the re¬
mainder will be transferred to working capital.—V. 166,
National Department Stores
certain
$179,716
similar coupon
a
1,
228,609
Pressure Cooker
dividend.
no
The
Dr),
(net
The company, it was announced Nov.
6
was
for
Inc.
The
National Sash Weight Corp.—Tenders—
Co.—Places Loan Privately—
Sales
of
*129,855
railway
issue
98.539
Gross
p.
procurement
$160,492
Agricultural
STATEMENT
The proceeds will be used to pay
the
ity.
1946
capital
reasons
it is not always
companies in exact alphabetical
they are always as near alphabetical
possible.
an
as
with
New York New Haven &
Hartford RR.
Equipment
Trusts Offered—Salomon
Bros. & Hutzler, Drexel & Co..
Union Securities
Corp. and Stroud & Co., Inc. on Nov. 7
offered $7,500,000 21/2%
equipment trust certificates at
prices to yield from 1.40% to
2.85% according to matur-
mechanical
19-year $15,000,000 loan with
connection
railway
$3,912,427
company.—V, 166, p. 1582.
arrange
Cash Register
obligation
issued
1947
New York
1947
1686.
stock
a
on
National
York,
assume
exceeding $3 800 OCA
by the Conti-'
trustee, and sold at 99.0590 ,
be
Connecting RR.—Earnings—
"Deficit.—V. 166,
Corp.—Earnings—
posal to increase the capital stock from 500,000 to 1,000,000 shares.
The additional 500,000 shares would be distributed to stockholders
Sales
for
reserve
$4,500,000;
However,
position
in
NeLX'y/. ??Gr; income—
The
$230,881
Interest
possible
New
to
not
to
1790.
p.
income—
oper.
from
Certificates,
stockholders
Income:
order.
166,
ry.
Gross
1054.
166, p.
The
373.
p.
of
of
certificates,
Tobacco
$54,000;
security
dividends
Net
283,640
1947
par),
$1,089,099;
paid
$8,791,484.—V.
1947,
no
Co.
RR.—Equipment Trusts
company
respect
$1,794,682
26,087
National
Government
LIABILITIES—Dividend
$1,886,806;
$724,066
Alcohol
dividends receivable and interest
obligations,
$1,490,235;
other
$921,575;
Trust
m
trust
railway
from railway
$3,367,636
—V.
on
securities, $6,351,635; furniture and fixtures, $1; total, $8,791,494.
taxes, $9,900;
$1,017,306
charges and taxes
Capital shares outstanding
Earnings per share
and
1946, $2,017,625;
months, $784,184.
31,
nine
during
91ft
962,
'
'
authorized the
from
Insurance
securities
of
&
accrued
equipment.—V.
Net
$290,799
possible inventory losses
166, p.
bonds
as
aha
Gross
$349,707
liability.
deducting
profit
The
$324,099.
has elected
corporation
trust.
at
tax
after
costs)
average
taxes,
1944
income
the
4**543
2*426
guarantor,
equipment
.September—
and
above
from
for
Quarter
$0.63
months of 1947 was
as
investment
year
Federal
Realized
security
first nine
taxes made
regulated
a
of
$0.62
$324,099.
(2)
Bank
as
serial
from
360.000
$0.71
7 575 579-*
3,627,724
2,250,860
1686.
p.
011 0ct"
liability,
l7/s%
New York
$64,341
360,000
for Federal
for
of
municipal
162,000
$0.72
6,840,920
3,214,525
$1.55
Net income after
$92,900
share
as
(1)
$2.04
Sales
par)
estimated
basis
$0.62
profit
for
Net
3,127
3,734
162,000
(no
made
NOTE
2,873
t
giving ef fect
taxed
for
$0.65
2,000
3,203
securities sold for
not
the
22,232
2,000
Federal
provision
be
was
1,656,573
National Mallinson Fabrics
$259,875
stk.
on
made
23,688
$97,875
Without
$2,842,042
1,679,869
deductions
Prov.
capital
taxes
per
$3,741,760
1,656,573
income
Total
—V.
declared
Earnings
tNo
24,375
1,200
income
cap.
profit
$253,701
$264,777
Red
Surplus
Shs.
$283,348
5,785,317
2.795,417
1,778,630
New York Chicago & St. Louis
of
taxes-,.—
Dividends
$1,114,824
1,679,869
Sept. 27,'47 Sept. 27, 47 Sept. 28.'46
profit
Other
franchise
estd.
income
1,824,673
$237,985
3,746
exps.
oper.
other
Prov.
2,354,000
salaries,
Amer.
for
751,173
1257.
p.
Provision
Other
$270,340
—
stock,
5.684.798
—
1945
1,053
$289,910
fees,
to
791,000
'
<r
»
2,405,837 v
'
income.—
oper.
Th<L
.
and
de¬
deprec.
166,
Net
11,344
sec
income
other
134,579
Period—
30
$277,513
in
bonds
.Cross
Prov.
railway
railway—
from
ry.
71,295
133,263
$1,210,314
included
Provision
and
Net
Net
212,023
100,828
49,421
-
$9,961,025
EARNINGS
Cbntrib.
175 80a
from
From Jan. 1—
77,900
Balance
div.
221,362
27,678
55,461
outstanding—
Net profit from
Interest
73,613
35,701
National Malleable & Steel Castings
$ 10,038,925
-
payable and reserve for taxes (incl. $14,000 estim.
municipal taxes on unrealized appreciation)—
Directors'
205,595
Gross
6,417,850
and
Taxable
83,254
accts.
profit
shs.
amort,
28,038
stocks
Total
281 871
$5,084,612
for income taxes—
NOTE—Prov.
interest
and
Total
Cash
$6,551,213
debt
doubtful
pletion,
stocks
state
$2,016,714
Earns, per com. share—
obligations
Preferred
Dividend
320.726
oper. income.-—
*121,776
210,011
From Jan. I—
....
nental
quotations
market
on
$2,175,730
deductions
Prov.
banks
Government
receivable
to
_
distributed approximately as follows:
1947, were
Dividends
*
$2,120,114
55,616
_
~
funded
for
Misc.
Com.
Common
1944
$646,226
205,837
ry.
income
on
Prov.
1946.
in
S.
1945
$592,757
153,349
L
"Deficit.—V. 166,
total
Sept.
1946
$507,933
Net
income
Total
Ry»—Earnings
1947
railway
railway
from
exp.
9
$560,556
from
Net
$10,339,438 $37,085,730 $26,397,143
9,767,723
7,507,295
27,455,915
19,123,921
1,199,424
898,911
3,432,695
2,621,438
period.
Taking securities.owned on Sept. 30, 1947, at their value based on
market quotations on that date, and after deducting the dividend of
15 cents per share paid on Oct. 15, 1947, the net assets of corporation
on
Sept. 30, 1947, amounted to $9,961,025, equivalent to $27.66 per
share on the 360,000 shares of outstanding capital stock.
The net
asset value per
share was $27.64 on June 30, 1947 and $28.67 on
U.
New Orleans Texas & Mexico
September—
Gross
sold
Operating
Other
(1893)
1947—9 Mos.—1946
discts.,
Sell., adm. and gen.
Sept. 30,
CHRONICLE
(& Subs.)— Earnings-
1947—3 Mos.—1946
ended
months
FINANCIAL
allowances $13,087,281
Cost of goods
'
Net
&
National.Gypsum Co.
New York, N. Y., has been
stock, $1 par value.—V. 166,
common
COMMERCIAL
arising
was
in
connection
charged
with
Oklahoma City-Ada-Atoka Ry.
September—•
Gross
from
Net
from
Net
ry.
carry-back
1945
1944
1 1,786
10,156
<6,115
*8,893
*2,033
<,9,630
68'6,156
920,975
186,663
209,178
202,895
384,548
b
46,627
income
$62,807
16,938
2,839
—
$57,019
595,830
railway
oper.
-Earnings-
1946
$65,472
35,576
119,138
213,991
134,750
From Jan. 1—
Gross
from
Net
from
1947
railway
from
Net
ry.
railway
railway
oper.
income
"Deficit.—V.'166,
p.
1359.
13,949
>
10
*
"
Ohio Edison Co.-
Operating
1,787,152
278,416
expenses
deprec
for
Prov.
Amortiz.
General
Net
2,033,858
31,651
29,399
372,462
396,922
Cr772
5,370
65,464
120,263
$501,065
80,538
$420,527
$5,828,523
969,428
$6,242,163
$38,330
Sales,
for
$4,859,094
Profit
Coach Co. and Fifth Avenue Coach Co.)
1947
1946
$11,443,906 $11,25a,718
—
$4,674,726
9,798,291
9,010,535
648,687
854,705
$996,928
for
371,948
$7,447,850
371,948
485.804
485,804
$5,590,486
income
preferred stock
Cash dividends on common stock
Prov. for res. for amortiz. of intangibles
:
45,000
45,000
$4,687,733
$6,545,098
SC.96
$1.57
(Phila.)—Partial
Pennsylvania Avenue Corp.
Redemption—
redemption
for
on
at par and
1, next,
Dec.
$59,000 of first mortgage 6%
cumulative income
1,
1934.
Payment will be made at the office of
interest,
dated
called
been
have
June
Company for Banking
Philadelphia, Pa,
Pennsylvania
Trusts,
and
15th
trustee,
It
■
announced
was
Nov. 7 that this company has begun manu¬
"escalator" engineered to bring moving stair¬
on
model
new
a
not previously been
ways to thousands of locations where they have
considered economically feasible.
/ With a handling capacity of 5,000 persons per
has
for
width
a
a
hour, this escalator
is especially designed
inches between handrails and
of 32
maximum rise of 23 ieet.
available in the past have been heavily constructed for
•rises up to 60 ieet.
Because this new model is built for a maximum
rise of only 23 feet, the company has found it possible to use a lighter
•weight structural and mechanical members and practice other econo¬
mies, putting the device within reach of smaller-volume business
establishments.
'Announcement added.—V. 163, p. 1521.
and
inc.
subsidiary
Net
30—
2S46
$768,076
28,259
t$910,217
122,567
*$31,421
109,816
325,500
230,425
Cr568,490
•"Net sales and other operating
'Cost
sales
of
■Selling,
admin,
and
gen.
Provision
for
other
and
Cr32,500
182.324,424
149,055,847
14.317.06?
16.665,021
exps
bonus
management
657.416'
_
Dr278,920
47.580
1,5,315,979
18.205.561
560,035
4,156,541
25,852,015
9,388,600
22,362,503
income
^To'tal
Federal
normal
ar.d
tax
"federal excess profits
*Ofcber: income
$2,517,325:
State Workmen's Compensation Commissions, $46,000;
cash
on
deposit with trustee, $14,940; sundry investments and de¬
ferred
receivables,
including claim for Federal tax refund, $780,000,
etc. (net), $5,805,326;
whose only asset is
to future operations,
land, buildings, machinery, equipment,
in foreign subsidiary
(50'i
owned)
investment
less
land,
charges
deferred
$51,000;
reserve,
payable
surplus, $3,184,829;
$12,999,490.—V. 165, p. 1258.
capital
769;
Period End. Sept. 30—
Operating
Oper.
revenues
excl.
exps.,
taxes
taxes
Federal
taxes
Other
Depreciation
Amort, of electric
earned
surplus,
$1,552,302;
total,
As
16.402,124
3,022.336
45.43
11.211,455
2,925.364
$3.83
been made of
said.
The company's
"l-Way"
r.ew
popularity among
"carry-home" package
growing
a
ale bottles are finding
consumers
and
the development of a
which holds the "2-Way" beer or ale
glass beer
and
bpttles will result in a further increase of the company's sales of both
.bottles and
Mr.
canons.
Levis predicted.
^7
1,728,675
144,056
144,056
Richard
of the
A.
Cosh.
General
Glass Container
-Production
Factories
Division,
of
Department
the
and
Manager
J.
operations
King, Manager of
Container
Glass
-"Vicfe-presidents 0f the company.—V. 166,
1 v* "* i-
for Eastern
Gordon
This
$884,442
deducts.
92,699
232,500
67,500
82,780
1,091,262
2.819,268
844,125
1,164,360
chgd. to constr.—Or
35,751
11,109
280,193
4,183,700
67,579
$481,661
$479,979
$7,092,042
The
Bankers
co-paying
debentures
Trust
and
agent
due
Oct.
Co.,
York,
New
Division
the
elected
were
1,980,000
Other
and
int.
Special
2,892,361
810,000
charge
income
$5,112,042
Balance
—V.
166,
$4,325,712
1688.
p.
$1,023,780
82,458
$1,095,819
171,188
1945
$893,910
136,415
1944
$1,131,503
282,492
Net
ry.
*164,193
*58,601
*105,206
30,785
9.027,792
899,866
railway
irom
Net
8.687,230
944.945
.*915,158
9.329.221
2.362.450
9.941,298'
2,900.881
766,879
income
oper.
1946
1947
railway
from
Gross
railway..
*1,260.220
income
oper.
"Deficit..—166, p. 13C0.
"
Sales
in
Export
Net
Net
from
railway
6,007,396
6,467,390
1,084.334
income
oper.
ry.
Net
from
Net
ry.
—V.
in
24.169,778
income
90,667,673
11,048,556
for
co-registrar
1,
has
Y..
$100,000,000
1987.—See offering in
V.
been
of
appointed
40-vear
166, p.
9,555,769
82,372,197
the
outstanding first
the
of
first
5'«
mortgage
165,
p.
mortgage
bonds
2006.
service
customers'
lor
$300,000
on
of
Oct.
31
filed
convertible
5''
letter of notification
a
subordinated
Total
working
capital.—V.
debentures
The proceeds are
166,
p.
the SEC
due
to
be
1957.
used
763.
Penick & Ford, Ltd.,
profit
and
from operations
"'Balance
'Mi&fc. income
inc.
$5,395,451
$7,371,040
1,057,134
2.930,532
3,401,508
$1,356,676
tax.
income
shares
per
—V. 166, p.
outstdg—
share
$2,464,919
G.
47,300
76,486
"We
have
$1,674,428
$2,512,219
$4,046,018
67.088'
211.317
241,517
Federal
have
517.466
627,683'
932,186
1,503,454
$787,467
$979,657
$1,368,736
$2,301,047
369,000
738,000
369,000
738,000
$2.14
763.
$1.33
$3.71
Operating income
Total
$3.12
other
—V.
166, p.
—
long-term debt
deductions
on
Miscell.
by
r-On
income
share
earnings—
656,000
shares
of
No
3.
166,
p.
705.
1946
$82,252,124
3,373,284
6,564,547
2,593,598
2,200,929
$1.08
$0.88
1947
and taxes
loans
the
at
present
time,"
Mr.
Hanson
said,
858.
scribed
shares
ment.
Proceeds
will
be
These shares will be offered
record Nov. 18 in the ratio
expire Dec. 3.
Unsub¬
Price to be filed by amend¬
bank loans and for working
New York.
holders of
five
each
offered
be
will
166,
capital.—V.
common
for
share
new
Corp.,
by
subscription
one
shares
Boston
for
of
Oct. 31 filed with the SEC a registration statement)
(no par) common stock, to be underwritten
1,007,435
First
The
held.
Rights
publicly.
used
to
repay
1791.
p.
Pitney-Bowes, Inc.—10-Cent Extra Dividend—>
Nov.
cents
declared
year-end extra
a
dividend
of
10
holders of record Nov.
brings total payments in 1947 to 70 cents per share, as com¬
stock, both payable Dec.
common
This
pared with
12
to
52% cents in 1946.
quarterly dividend of 53*8 cents per share on the 4%%
preferred stock, par $50, payable Jan. 2, 1948 to holders of
usual
The
convertible
record
At
the directors
3,
share and the usual quarterly dividend of 15 cents per share
per
the
Dec.
the
20,
1947.
meeting, the board voted the eighth consecutive quarterly
same
dividend" for employees, a profit-sharing payment
73i% of base pay for employees with three years of
payments to workers with shorter service.
In addi¬
voted employees an "extra" year-end dividend of 4'4% on
"wage-a net-.salary
to
and
service
they
tion,
lesser
thev same service basis, making a total quarterly payment of 12% cf
Period End.
166, p. 1522.
sales.
royalties-
47,294,199 143,927,926
251,378
369,932
49,414,445
and misc. inc.
115,784
clivs.
Cost
of gooc7t
$
$
revs.,
oper.
and
rentals
1947- -9 Mos.—1946
1947- -3 Mos.—194G
Sept. 30—
$
Net
98,605.689
"1,353.374
49,530,229
47,545,577
144,297,858
99,959,063
42,409,026
42,222,044 125,333,149
89,705.381
sold, oper.,
and
admin,
gen.
.
258,122
133,831
825,488
326,611
974,839
1,039,920
2,965.655
2,695,003
145.943
160,323
459.881
469.443
40,925
24,121
63,791
51,633
2,237,421
for
1,599,553
5,640,725
2,542,483
9,009,170
4,168,713
depletion
for
Prov.
and
cieprec.
amortization
Misc.
deduction*
Prov.
for
est.
taxes
on
income
JNef
741,640
outstanding-Earnings per share
'■Include*
on
741,274j
2.225,490
1,996,4361
2,119,997
$1.63
2,118,491
$1.12
2,119,997
$4.25
2,118,491
$1.97
dividends
shs.
Cap.
8717.557 profit on
disposal of properties and $6'0,G91 profit!
previously consolidated subsidiaries.
166, p. 954.
capital stock of
of
disposition
::Exclusive
2,365,786
3,463,953
profit
Common
$134,044 profit on disposal of properties.—V.
of
*
Pittsburgh Steel Co.—Partial Redemption—
called for redemption on Dec, 1, next, out of
monevs
in
the sinking fund, $132,000 of first mortgage 4V2V0
bonds,
due
Dec.
1,
1950, at 101% and interest; $41,000 of first mortgage
'4] 2 d
bonds, series B, due Dec. 1, 1950, at 101% and interest, ami
$71,000 of
first mortgage 4 % %
bonds, series C, due Dec. 1, 1950,
at 100 and interest.
Payment will be made at the Chemical Bank &
Trust Co.,
trustee, 165 Broadway, New York, N. Y.—V. 165, p. 3288.
The
has
company
Creek Pocahontas Co.
Tonnage
1,104.401
Cost
(& Subs.)—Earnings—
;
760,081
2,329,662
3.197.542
3,050,733
3,104.198
3,107,616
$1,313,362
$1,178,646
$6,108,732
$5,875,160
225,272
649,818
1,225,357
$1,513,671
$1,403,919
501,758
$6,758,551
1,539.233
133,522
$7,100,518
1,562,199
81,309
520,225
"" 70,051
$930,604
$1.42
$813,643
$1.24
$5,085,794
$7.75
$5,424,690
$8.27
1,474,679
$2,705,997
6,470
$1,761,173
6,089
$2,712,467
146,715
203,288
240,058
$1,767,263
139,073
163,487!
204,029
———
■—
sales
of
$7,038,043
5,276,867
-
produced
coal
sales
Gross
$9,558,952
6,852,955
Sept. 30-—
1948
2,280,245
998,455
491,500
of
1947
1,712,306
-
Nine Months Ended
Income
from
Interest
operations
income
income
Administrative
Taxes,
and
other than
,
for
depletion
Prov.
for
Federal
provision
capital stock
general expenses
Federal taxes on .income——
and
taxes
depreciation
on
for contingencies.
-
750,000
income
a--.
425,009
^125,009
»——
113,628
Net
Net
"Per
Nov.
on
$83,165,261
share
bank
Prov.
income
Gross
Inter,
share
Phillips Petroleum Co.—Registers with SEC—
1.355.008
200,309
...
a
substantial
a
The company on
423,025
561.047
income
of $3
forthcoming distribution.—V.
inventory of high quality leaf and a good
and I feel that"we will be able to meet our budgeted
requirements for the coming season without borrowings of any kind."
118,321
2,826.469
969.046
tax
the
position,
Pond
776,554
income
the
Vice-President
no
"We
1,078.205
1,180.752
7.901,749
miscell.
taxes
of
market
common
Total
Federal
by the Fed¬
Philadelphia &
6,985,493
485,194
Depreciation
initial dividend
after charges
per
cash
1,183.162
1,208,139
8.807.575
2,242.226
460,256
81,951
2,859.054
produced
Operation
bondholders
to
-
Hanson,
6.828,520
490.564
$3,969,532
40,761
64,649
Prov.' for. Fed.- inc.
$1,633,667
12,906
$1,369,582
(net)_.
Total
..-Net
$2,690,801
$9,498,984 $34,069,077 $32,617,732
2,241,158
America
companies
State, local and
967,383<«>
depreciation
No.
of
OF INCOME
from—
Pipeline
Gas
Maintenance
$2,324,059
679,298,285
STATEMENTS
$9,777,934
revenues
oper.
Gas
1946—9 Mos.—1947
advtg., gen. and
admin, expenses
Earned
Inc.—Earnings—
1946—3 Mos.—2947
108,140.276
311,373.333
223,847,107 220,165,118 673,046,749
purchased
Natural
Other
Period End. Sept. 30—
Selling,
Total
Co.
v p- rc
Gross
77,525,195 309,099,070 259.784,676
in
sales
gas
stock¬
common
February
THERMS
IN
29,470.129
37,689.957 56.772,868
108,247,083 104,949,966 307,174.811
Interruptible service
Other
gas
utilities
Gas
},Underwriter. Otis & Co., Cleveland.
'for,.additional
SALES
86,129,895
CONSOLIDATED
with
1947—5 Mos.—1946
1947—3 Mos.—1946
Period End. Sept. 30—
J?athe Industries, Inc.—Files with SEC—
company
Subs.)—Earnings-
Peoples Gas Light & Coke Co. (&
last
made
Sept. 30—
domestic
income
Prov.
5%'" bonds due Dec. 1, I960,
due June 1. 1968, have been called
for redemption
on Dec.
1, next, at 105 and interest.
Payment will
be
made
at
the
office of
the Pennsylvania Company for Banking
and
Trusts, Philadelphia,
Pa., or at The Chase National Bank of
the City of New York, 11 Broad Street. New York, N. Y.
Immediate
pavment
will be made of the full redemption price,
Dlus accrued
interest to
Dec.
1,
1947, upon presentation and sur¬
render of said bonds at the Pennsylvania Company for Banking and
All
and
therms
t(The
for
expense
Called—
3 %%
1687.
an
set
sales
sell.,
Peoples Gas Co. (X. J.)—Bonds
to
countries.
1522.
pr.
paid
been
Int.,
railway..
oper.
166,
award
an
$38,076
666.356,824 604.501.802 726,159.196 762,946,158
86,277.777
48.352.294 164.411.571 207.758.198
railway
from
5, the company
Nov.
on
share
a
Pittsburgh Consolidation Coal Co. (& Subs.)—Earnings
Prorn Jan. 1—
Grcss
of $3.75
and Treasurer, attributed the decline
export sales to exchange restrictions and dollar shortages in foreign
.......
1947
1946
1945
1944
$75,713,670 $73,417,909 $72,114,367 $84,760,260
7.495.199
10,743.846
13.637,580 24.293.942
railway
from
of
quarterly base pay.—V.
Pennsylvania RR.—Earnings—
September—
Gross
272,930
.
Appeals' decision
Philip Morris & Co., Ltd., Inc.—Earnings-
amounting
railway
from
Court
six Months Ended
15.
September—
of
dividend
aside
set
company
have
dates
on
Pennsylvania Reading Seashore Lines—Earnings—
Gross
special
Ry. Co., predecessor of the present company.
The Court of
held that the money belongs to the present company as a
"corporate asset."
2,421,768
debentures
GAS
Co.—Co-Registrar—
N.
the
for
Western
$6,747,480
applicable to pfd. stocks for period..
rntge
on
Gen.
21
$851,650 $11,605,472 $15,691,354
278,333
67,500
bonds
on
Int.
1521.
p.
its subsidiaries
and
company
Appeals
covering
income
Gross
Court
a
a
decision
District
eral
$846,427 $11,520,311 $15,595,878
5,223
85,161
95,476
•:
.
Pacific Telephone & Telegraph
for-this
1,728,675
$871,671
12,771
(net)
of
distribute
'
*
"
income
Trusts.—V.
'--New Vice-Presidents Elected—
•
$1.41%
to
holders.
L.
plant
revenues.—
oper.
from
the figures for
the 12 months' period ended Sept. 30. 1946. to conform with the re¬
classifications used for the 12 months' period ended Sept. 30, 1947.
•*
'Commenting upon the recent acquisition of American Coating Mills
bf Owen-Illinois. W. E. Levis. Chairman, stated that a new paper
iboar'd machine will be ready for operation early in 1948.
This r.ew
mill will more than double the division's present production of clay"eoated box board.
The increased capacity will enable the American
Coating Mills Division to meet more adequately the unprecedented
demand of users of fine cartons and clay-coated box board, Mr. Levis
handy
Net
Other
ry.
^Including depreciation of manufacturing plants and amortization of
leased equipment:
1947—$4,249,394;
1946—$3,242,050.
reclassifications have
output
aresult
will
Net
1947—Month—1946
1947—12 Mos.—1946
$4,847,680 $4,390,904 $57,127,009 $52,525,816
3,037,244
2,611,083 33,349.461 29,733,850
364,907
390,264
5,468,063
929,546
138,729
140,140
1,651,398
1,504,917
291,073
258,934
3,409,101
3,032,950
adjusts
acquisition
Net
49,948
26.355
profit for year
NOTE—Certain
electric
The
(banks), $300,000;
accounts payable
(trade),
$394,389;
accrued
liabilities
(wages,
taxes, interest, etc.),
$602,452; provision for Federal income tax, $588,073; first mortgage
bonds (sinking fund payment due July 27, 1948), $400,000; iirst mort¬
gage bonds, 3%'r
series due 1953, $2,050,000; reserve for self-insurance
(Workmen's Compensation),
$245,676; capital stock (par $7), $3,681,-
Net
64.935
X0,.. of shares outstanding
learnings per share
payments in 1947
166, p. 705.
Philadelphia & Western RR.—$3.75 Special Dividend
accounts receivable (less re¬
$2,331,459; U. S. Govt, securities, on
and
with
6,491,3(O
tax
taxes
'Renegotiation refund for the year 1945.
[br'Net
total
in 1946.—V.
$1
1791.
SHEET,
1947
30,
notes
inventories,
$1,239,282;
deposit'
4,610.200
surtax
brings
Nov. 1, 1947, amounted to 141,850,000 kwh., an increase of
9,362,000 kwh., or 7.1 '/<?, over the corresponding week of 1946—V. 166,
p.
special reserve.
to
BALANCE
CONSOLIDATED
SEPT.
serves)
charged
$385,382
including
INot
*$108,737
*$468,490
$509,392
$562,096
From Jan. 1—
income
declaration
as compared with
Philadelphia Electric Co.—Weekly Output—
The
4,500
55.464
and losses
.."Gross profit.
..Other
642,569
35.622
expenses
current
share,
On
187,139.236
expenses—
interest expense
Sundry
common
per
surtax
profit
Dividends
229,534,545
revenues
operating
Pfaudler Co.—Declares 25-Cent Dividend—
directors
have declared a dividend of 25 cents per share oil
stock, payable Dec. 1 to holders of record Nov. 20.
On
Sept. 2, last, a dividend of 25 cents and an extra of 25 cents were
paid.
$
1!> '■ *
.>
*$120,657
89,236
company—
CONDENSED
Net
1947
$
Ended Sept.
SEO
week ended
Int.
Qwens-Illinois Glass Co. (& Subs.)- —Earnings—
;
t$920,600
10,383
24,486
Res. for Fed. inc. taxes.
Int.
unprecedented demand has been exhibited since peacetime pro¬
duction was resumed and the company's "escalator" business volume
has run to approximately 10 times that of normal prewar days, the
An
.
(The)
Escalators
,<
the
with
at a special meeting to be held on Nov. 24 will
authorizing 150,000 shares of a new preferred stock junior
presently authorized preferred stocks.—V. 166, p. 1522.
The
Pennsylvania Power & Light Co.—Earnings—
Otis Elevator Co.—Builds New "Escalator"—
facture of
notification
of
Chicago.
stockholders
Earnings
1
v,.,
$759,355
8,721
$829,707
Streets,
■and Chestnut
r!
493,382
debt
LIABILITIES—Notes
•'Tfcd
*479,790
$176,259; total, $12,999,490.
■
accrued
126,472
82,375
funded
on
$817,899;
Balance surplus Sept. 30
b;Earnings per common share
;n-V. 166, p. 953.
Co.,
on
the
$5,586,731
5,214,006
10,673
assets (net).
Cash dividends on
bonds
$4,322,855
4,763,665
$912,082
ASSETS—Cash,
7 There
3,026,054
operations-
* Deficit.
sale of capital
&
Pet Milk Co.—To Create New Preferred Stock—
The
vote
and
income
6,057,373
tax
income
So.
Becker
$1,390,476
4,582,884
other than Fed. income tax
Expenses and taxes
110
$3,911,881
3,707,135
etc
depletion
income
Fed.
leMer
a
($2.50 par)
snares
capital stock, to be sold at market through
The shares are being sold by Macy
O. Teetor of New Orleans.—V. 165,
p. 2929.
to
depreciation
Interest
revenues
Total
1944
1945
1946
1947
137,884
sales,
of
comPany on
5,000
G.
The
Provision for Federal income
f>:
Perfect Circle Corp.—Files with SEC—
T*10
for
Subs.)—Earns.
(&
discts.
allowances
and
Other
"J, 9 Mos. Ended Sept. 30—
on
Cement Corp.
Sept. 30—
cash
less
Prov.
Boston, Mass., has been
director.—V. 164, p. 2552.
a
1359.
1521.
(Consolidating Chicago Motor
Profit
elected
the
Omnibus Corp.—Earnings—
Net
$16,585
54,915
loss
Total
Gross
$1,740,297
1,723,711
profit
Pennsylvania-Dixie
2,130,768
$7,208,632
966,469
$421,313
;.'.j Balance
—V. 166, p.
Pepperell Mfg. Co.—New Director—
John E. Lawrence Of James Lawrence &
Co.,
1947
expenses
166, p.
Cost
80,538
pfd.. stock.—
on
AUGUST,
^
12 Mos. End.
$501 852
income
Monday, November 10,1947
A.
$8,476,475
171,804
expense-.
deductions
Divids.
$9,680,416*
$707,638
premium &
,
Other
—V.
168,771
OF
MONTH
charges
Net
{4,844,432
of debt disc.,
Amortiz.
v
Fixed
$701,502
debt.
long-term
on
587,832
622,577
income
Gross
Operating
4,767,850
f 3,183,792
taxes
THE
FOR
revenue
1,230,095
2,803,269
966,720'
80,560
80,560
fed. Income & excessprofits tax
;
Total
Operating
of
plant acqui.
adjustments
Int.
$3,134,779 $41,714,616 $35,969,183
1,486,306
19,716,187
15,395,025
272,442
3,323,070
3,296,469
$3,470,208
EARNINGS
1947—12 Mos.—1946
1947—Month—1946
revenue
CHRONICLE
FINANCIAL
&
Pennsylvania-Central Airlines Corp.—Earnings—
-Earnings—
Perlod End. Sept. 30—
Gross
COMMERCIAL
THE
(1894)
outstanding.—V. 166, p. 1791.
Earnings
—V.
1
profit
Dividends
166,
—
,$1,372,406
stock on 339,484 shs..
848,710
$4.04
.....
declared
per
p.
share
471.
cap.
*
$710,684
339,484
$2,091
"J
Volume 166
Number 4645
THE
Pittsburgh & West Virginia Ry.—Earnings—'
September—
from railway
Net from railway
Net ry. oper. income—
1946
1945
1944
$469,211
$431,963
112,952
95,589
75,523
91,489
55,705
80,944
$614,436
192,935
✓ 221,976
From Jan. 1—
Gross
ry.
railway
railway
from
Net
—V.
166,
5,031,824
3,449,797
5,469,772
1,291,027
339,246
1,660,653
1,681,147
869,776
317,392
1,114,571
1,308,102
income—
oper.
Portsmouth Steel Corp.
sales
10,375,368
29,706,562
190,329
561,676
9,165
Provision for depreciation and depletion—
Steel plant
Provision
for
company
local
taxes
40,281
Federal District
liabilities
and
of
Other
143,767
The
operations
$1,341,598
$4,485,152
223,856
$1,423,346
$4,709,009
3,895
512,000
ICC
Oct.
on
$907,450
Total
$0.70
$2.26
income
Other deductions
Net
income—estimated
on
income
-
—
Dividends
Earned per
share
common
$4,032,924;
SEPTEMBER 30, 1947
receivable—trade and other
(net), $4,318,179; inventories, $5,911,923; investment in listed security
—at cost, $2,320,890; U. S. Govt, bonds—workmen's
compensation de¬
posit, $75,000;
capital
stock
subscription receivable from officers,
♦237,500; miscellaneous receivables, $4,128; steel plant (net), $4,094,127;
Coal
properties
(net),
$83,082;
deferred charges,
$157,989;
total,
$21,235,742.
LIABILITIES—Accounts
accounts
payable,
$2,778,297;
salaries
$117,687; Federal taxes
and
wages,
$558,483; accrued local taxes,
on
income—
estimated, $1,967,254; reserves for workmen's compensation insurance,
$32,312; deferred credits, $6,813; capital stock (par $1), $1,352,500;
capital
surplus,
$11,134,580;
earned
surplus,
In
treasury (27,350 shares at cost),
V. 166, p. 375.
15
3,448,185;
$210,369;
Dr.
stock
common
to
Portland
(Ore.)
Nov.
5
Bros.
in
as
Hutzler
awarded
was
Nov.
Other bids received at the
Kidder,
&
Peabody
Co.,
&
Stroud
and
Co.,
3
sale
on
&
Co., Inc.,
Securities
(&
Oct. 4,'47
sales—
101.179;
1946.—V.
$0.84
qnlpq
Flf
Oct. 4,'47
Sept. 30,'46
$1.43
$2.49
legal tender coupon notes at prices ranging
101, according to maturity.
1947; due serially Aug. 15, 1948 through Aug. 15, 1957,
Principal and interest payable at the First National Bank, Minneapolis,
1,
trustee.
OF
MATURITIES,
Maturity—
INTEREST
RATES
Amount
15,
1948
1949
AND
Gross
Other
Dec.
35,000
1.
100
35,000
2Vi7o
100 Va
35,000
2%'/a
100'/2
35,000
3 %
Aug.
Aug.
Aug.
Aug.
Aug.
15,
1953-
35,000
3%
101
15,
1954
35,000
37o
$25,340,377
7.638,318
5.165,852
22,969,090
17,425,063
1,093,950
1,098,125
3,321,371
3,317,724
profit
$1,488,587
$1,519,906
$5,065,946
$4,597,590
40.062
70,642
169,167
$1,590,548
$5,235,113
464,431
1,231,269
45,600
29,750
114,975
91,000
Federal
395,311
400,8'50
1,393,936
1,241,350
♦Est.
loss
sub.'s
tax
aband.
on
Rotary
of
$695,433
$2,355,933
$0.75
$2.54
Other
America
(&
Domestic
Subs.)—Earns.
1947—9 Mos.—1946
$
$
61,987,562
223,924,662
163,135,553
306,543
1,057,943
$952,840
21,509
$974,349
for
income
taxes
♦Calculated
Sept.
30,
70,648,733
the
on
36,000
1947—V.
$546,588
166,
shares
of
common
03,948,771
62,294,105
224,982,605
163,604,191
57,348,593
200.906.272
148,177,820
551,575
2,499,135
1,575,329
275.000
258,000
825,000
742,000
72,308
393.440
130,113
1,980,000
1,436,600
7,999,000
3,060,600
26,000
Prov. for Fed. inc. taxes
67,000
126,000
1,692,000
-
3,407,845
JEarns.
2,560,029
12,233,758
788,200
788,200
2,364,600
2,619,645
1,771,829
9,869,158
dividend
per
♦Portion
1947,
stock
share
com.
of
period End. Sept. 30—
sales
♦Net
against
as
$176,000
$0.13
$69,000
for
8,226,329
2,364,600
1946
for
and
5,861,729
$0.71
the
quarter
♦After
and
reserves
lluud
'V
1947—3Mos.—1946
1947—9 Mos.—1946
397,806
397,806
$2.53
$2.13
estimated
taxes.—V.
166,
profit
dends from other investments.
859.
,
' * ;
Other
213,608
$769*098
285,175
183,103
$300,820
541,728
profit
income
39,416
233,851
Cash
dividends
100,123
NOTE—Provision
$333,000
the
in
.
.(.Eased
on
13,881,016 shares of
SHEET, JUNE 30
ASSETS—
$104,152
Interest
securities
accrued
(net)
188,101
accepts,
bonds
on
accts.
1,428
receivable
3,568
645,601
(net)
310,606
857,599
47,863
408,014
1,612,888
Investments
Property,
and
and
other
plant and
assets
39,299
equipment
(net)
805,187
Patents
1
Prepaid
insurance,
taxes,
etc
-
Period End. July 31—
1955_
35,000
3 7o
101
1950
_
—
15,
1956
15,
1957-
35,000
privilege
of
the
is
retained
of
notes
3%
37c
19471947—Month—1946
the
issue
Province
at
of
prepaying
plus
par
any
on
and
Falls
Province
Washington and the Dioceses of Altoona, Erie, Raleigh,
Patna,
India.
The
principal
institutions
of
the
St. Francis College and Seminary at Loretto, St. Francis
School at York, Pa., and the College of Steubenville at
and
are
Preparatory
Stcubenville, Ohio.
This loan,
the
which is
Order,
a
direct obligation
kitchens
for
well
additional
monastery-faculty
estimated
as
that
remodel
classroom
house
this
to
work
to
convert
office
accommodate
which
is
$2,853,641
now
other
space
about
under
buildings
and
40
to
erect
prieses.
will cost
way
at
It
a
is
to
is
$500,000 of
these notes
the
remaining
$250,000 of
by
the
issuer
released
are
the
notes
for
due
sale
Aug.
at
this
15,
time
1947,
and
will
for
possible sale at a future time if the
needed for expansion of the institution of the Province.
6.973,880
75,137,798
56,868,143
of
the
bonds
was
made
Nov.
6
at
Other bids,
all naming a 3V*% rate, were: Blyth &
Co.,
Boston Corp..
100.186; Glore, Forgan & Co.,
Inc., 100.21;
The First
100.153, and
fCuhn, Loeb & Co. and Harriman, Ripley & Co., Inc., 100.30.
from
the
sale
of
the
bonds
are
to
be
applied to the
com¬
pany's construction program which it is estimated will require approxi¬
mately $52,000,000.
For the 12 months ended Aug. 31, 1947, the
company reported total
operating revenues of $29,603,808.
After depreciation, maintenance
ing, including this issue, will require $1,968,750.—V. 166, p. 1792.
Public Utility Engineering & Service
compared with 209.368,000
increase ol
16.0%.—'V.
kwh.
companies
166, p.
1792,
3,734,248
3,515,758
25.878.424
176,660,904
186.420,313
22,610,999
24,156,795
162,267.166
1,916.194
1.600,452
13,593.675
174.224,295
11,315,122
109.202
111.192
747.750
769,606
6,016
9,985
52,313
by this
corpora¬
242,846,000 kwh., as
corresponding week last year,
payable
and
to
24,642.411
form
25,878,424
176,660,904
and
operating
p.
has
been
changed
to
Canadian
19,855
State
and
excise
local
taxes
44,413
taxes
taxes
20,068
on
inc.
(est.)__
for
Capital stock
guarantee
value $5
(par
per
and
other
cont.
0,210
.
share*
136,654
22,000
443,151
product
225,145
22,000
500,615
1,729,339
209,353
$3,401,853
Reserve
express
taxes
and
other
Capital
$2,853,641
500,615
1,729,339
surplus
Earned
surplus
Total
—V.
164, p. 2835.
Rutland RR.—Earnings—
show
the
pay¬
other
expenses,
taxes
37,400
5,748
10,063
18,695
21,254
withholding
and
186.420,313
statement
of
$174,564
90,493
wages
and
Federal
Accrued
$285,520
agents
111,290
deductions.—V.
166,
1154.
September—
Gross
1947
Net
ry.
railway
railway
from
1946
1945
1944
$511,727
from
Net
$468,475
$430,520
$469,524
71,040
43,296
40,868
65,393
28,365
♦6,347
28,156
♦1,525
4,271,194
income—
oper.
From Jan. 1—
Gross
from
Net
ry.
railway
railway
from
Net
166, p.
3,769,977
3.890,857
3,789,527
♦61,956
90,453
222,327
269,090
♦530,144
income
oper.
♦Deficit.—V.
♦ 231,272
♦43,048
44,150
1523.
Reading Co.—Earnings—
September—
Gross
1947
from
Net
Net
ry.
railway
railway
from
oper.
1946
1945
$8,770,101
$8,178,574
$9,347,133
1,609,041
649,319
1,858,550
1,350,225
2,547,175
838,674
1,096,596
987,085
85,002.177
74,376.573
84.333,018
87,163,102
19,205.858
income—.
11.904.216
22.050.975
26,990,223
8,861,251
4,903,920
10,483,581
10,710,440
,
Net
Net
from
railway
railway
from
ry.
income-—
oper.
Gross
from
Net
from
ry.
railway—-
oper.
Ry.—Earnings-
1946
1945
1944,
$1,056,531
$1,037,304
$917,594
129,106
163,898
185,537
railway
income—
133,533
92,560
122,491
$1,239,126
392,615
125,909
From Jan. 1—
Gross
from
Net
from
Net
~-V. 166, p. 1258.
1947
September—
Net
From Jan. 1—
Gross
St. Louis Brownsville & Mexico
1944
$9,440,135
„
ry.
—V.
12,968,420
railway
66, p.
13,861,910
14,568403
3,683.780
income—
3,276,739
5,966,183
6,878,664
1,807,175
railway
oper.
11.966,119
1,177,174
1,670,871
1,877,461
1523.
Red Hand Compositions Co., Inc. (N. Y.)— New Pres.—
of
the
P.
Hughes has been elected President of this company,
marine paint manufacturers in the United States.
Firman, who was made Chairman of the board.
Hughes
He
Harry
was
formerly associated with Spencer Trask
&
San Antonio Uvalde & Gulf RR.—Earnings—
one
oldest
succeeds
Mr.
Co.
September—
Gross from railway
taxes
Net
$339,681
18,975
67,400
$913,145
53,625
99,000
135,000
514,000
$185,706
$692,990
$439,520
149,000
149,000
149,000
profit
SELECTED
-
$1.08
$4.15
$2.45
BALANCE
SHEET
ITEMS,
1947
sccur
$1,644,087
assets
6,125,378
Current
liabilities
1,659,242
1944
$194,750
$265,244
♦64.221
14,272
♦58,212
♦112,123
♦24,511
2,405,309
2,274,188
2,016,887
income—
from
Net
from
ry.
railway
railway
oper.
65,643
38.299
112,473
♦509,540
income—
♦Deficit.—V. 166, p.
30,821
•
17,063
♦474,628
♦376,110
2,119,438
79,660
*399,333
1395.
SEPT
$2,660,624
6,032,842
1,652,613
of Unit—
Edward
J. O'Leary, formerly President of Somerset Importers, Ltd.,
York, has joined Schenley Import Corp. as President, suc¬
New
of
Theodore
ceeding
30
1946
Schenley Distillers Corp.—New President and Chair¬
man
1945
of
5,234.203
1,420,355
Shipments during the third quarter of 1947 were 9.45% greater than
third quarter of 1946 while shipments for the first nine
1947 were 30.49%
greater than those of the same period a
year ago.—V. 165, p. 2457#
the
latter
Seward
$3,090,299
C.
Wiehe,
who has
become
Chairman
of
the
board
firm.
Vice-President of Schenley
Eric,
Import, will remain in an
executive position In
Mr. Jacobi, President
advisory capacity and later will take over an
of Schenley's American distilling companies,
one
of
those of the
months of
1945
$178,733
153
State
taxes
and govt,
oper.
Net
149,000
$0.65
Gross
420,000
$122,460
and
Com. shs. outstdg
Earns, per com. sh
Cash
1947—9 Mos.—1946
$1,274,390
23,175
Depreciation
inc.
ry.
1946
1947
$253,774
railway
From Jan. 1—
1947—3 Mos.—1946
$244,635
franchise
from
Inc.—Earnings—
Period End. Sept. 30—
Profit before depr. and
Fed.
Net
Net
Ritter Co.,
Current
Corp.—Output—•
served
1947,-totaled
for the
500,380
24.642.411
„
funded debt
rail
except Federal income taxes, gross income amounted to
annual interest requirements on all bonds now outstand¬
Electric output of. the operating
tion for the week ended Nov. 1,
606,337
182,904.555
from
taxes
$10,763,159;
inc.—
172,926,658
carriers—"Express privileges—Dr."— as a
"charges for transportation" to arrive at "revenues
from transportation," as prescribed by the Interstate Commerce Com¬
mission, adding thereto "other revenues and income" to arrive at
"total
operating revenues and
other
income,"
which
is
offset
by
Robert
101.625%.
Proceeds
to
ments
funds
group headed by Halsey, Stuart & Co. Inc., received the
award on Nov. 3 of $15,000,000 first mortgage
bonds,
series G 3Vs%, due Nov. 1, 1977, on its bid of
101.0799%.
offering
&
25,378,044
be
Public Service Co. of Indiana, Inc.—Bonds Offered—A
Public
on
deduction
about
Approximately $150,000 of this loan will be used at Steu¬
provide a site for a two-story classroom building the
receiving front the Federal Works Administration and to
complete the equipping of the college.
college
Salaries
'
'
payable
Payroll
$
239.772,698
deductions
NOTE—The
$400,000.
benville
Commissions
of the Sacred Heart Province
and
and
7 Mos.—1946
$
248.064,456
24,036.074
Total deductions
is
as
trans.
income
Int. & dis
Other
being made to finance the erection of two wings
to the dormitory at St. Francis College including a large
dining room
JLoretto
1947
$
32.351.924
8.656,844
Operating expenses
Express taxes
Aug. 15, 1950 or any interest date thereafter prior to maturity on
30 days' written notice to Kecnan & Clarey, Inc., and First National
Bank, Minneapolis.
The Third
Order
Regular of St. Francis is an order of priests
engaged in educational work.
This Province of the Order with its
headquarters at Loretto, Pa., is represented in the Archdiocese of
Baltimore
from
revenues
Total
one
interest
accrued
-Earnings—
m1
7,983
$3,401,853
accounts
Fed., State and Canadian
Other
101
by
this
Subs.)
32.692.918
Express privileges—Dr..
Revenues
101
435,000
(&
,
5,196
Total
common
1946 *
$374,710
843,299
1947
Cash
Inventories
nine
$1.45
for
depreciation
and
amortization of
emergency
facilities amounted to $45,995 for the year ended June
30, 1947 arid
$36,406 for the year ended June 30, 1946.
'
't
Trade
first
$145,162
65,080
$3.34
paid
share
per
142,305
$333,921
profit
Earnings
$318^54
30,587
22,543
income
on
17,234
$590,316
deductions
Taxes
j
1946
$1,306,239
$550,900
and advertising expenses
Administrative and general expenses
1724.
p.
397,80(1
$4.38
$8.09
p.
1947
(sales less cost of products sold)--
Selling
Sept.
of
1947, against $4,452,000 for
19461 incurred for postwar
reconversion, being the amount of the related tax reduction.
(The
balance was charged to the "reserve for postwar lehabilitation
and
other adjustments of wartime costs.")
-(Including interest and divi¬
166,
397,806
Manufacturing Co.—Annual Report—
$0.42
ended
months
Stock.—V.
outstanding at
$13,196,191 $10,606,223 $38,467,864 $27,857,055
1,006,998
847,924
3,218,401
1,744*023
profit
Marketable
$0.19
(totaling
expenses
stock
706.
p.
COMPARATIVE BALANCE
income
$392,593
,$2.36
$3.29
.
166,225
Net
Net
patents
com.
118,190
250,C00
352,000
(The) Ruberoid Co.—Earnings-
Other
371,281
Balance for
$760,783
39,761
charges
$563,801
196,982
468,632
139,836
Preferred
5,199,941
414,981
468,961
income
Operating
from
sources
♦Special charges
$6,178,723
expenses—
Total
of
1!
1946
in
-
Net profit
♦Earnings per share—
$
70,230,330
oper.__
inc.
a
10,248,250
($103,335
Yearns Ended June 30—
1947—3 Mos.—1946
Interest
30,
deprec.:
Reserve for decline in inventory values
166, p. 1055.
418,403
gross
Amortization
Net
(incl.
profit
Provision
$2.09
income
Total
par
$11,670,051
sold
income
Total
$1,941,577
$0.75
Radio Corp. of
from
at
1947
—
goods
Gross
Gross
tother
issue
Co.—Earnings—
1947, $84,074, in 1946)
Selling, general and administrative
225
$700,334
share
♦Net of related tax recoveries.—V.
inc.
Steel
Sept. 30—
freight, discounts, returns and
less
Capital shares outstand.
Earnings per share
84
profit
Gross
Electric
sales,
allowances
Cost
1,506,989
139,000
per
to
company
The Bankers Trust Co., New
York, N. Y. has been appointed trustee,
paying agent and. registrar for $5,000,000 principal amount of 15-vear
3%% sinking fund debentures due Oct.
1, 1962. See V. 166, pj 1792".
'
$4,781,141
of
plant
Minority interest
Net
the
183,551
income
income
authorized
unpaid
nf
101
15,
•a
1947—9 Mos.—1946
387,403
101
all
Subs.)—Earnings
$
1951
»nd
(&
the
Robertshaw-Fulton Controls Co.—Trustee
Appointed—»
same
$31,356,407
Charges for trans
1952
fire
share, the
per
$1,528,649
100
15,
held
share, payable
This, together with the
previously paid this year,
per
$7,783,883
Total income
Price
2%
2V4 %
15,
and
1792.
p.
Other
Railway Express Agency, Inc.
15,
Of
cents
23
in evidence of, but not in
portion of
the
purchase price of certain
to be acquired under a conditional sale
agreement.—V. 166.
*
equipment
Trade
Aug.
Aug.
Aug.
Bioux
35
Oct.
on
of,
9 Months Ended
Deprec. and deplet
State income tax
PRICES
Interest Rate
$35,000
15,
all
ICC
LIABILITIES—
SCHEDULE
The
The
payment
$3.64
of the Most Sacred Heart of Jesus, Third
Regular of St. Francis, Loretto, Pa.—Notes Of¬
fered—Loewi & Co., Milwaukee, recently offered $750,-
or
secured
$10,220,855
Depreciation
9 Mos. Ended——
Province
Aug.
Aug.
record
of
1947—3 Mos.—1946
deprec. and deplet
Sell., adm. and gen. exps.
all
Order
Dated Aug,
of
oper., deveop., selling
and admin, expenses.
♦After all charges and taxes.
tBased on 600,000 shares of common
presently outstanding.
$After providing a $200,000 reserve for
contingencies.—V. 166, p. 1055.
from 100 to
a
1154.
p.
/ pvpl
RR.—Note Ap¬
promissory note for not exceeding $400,000
2348.
p.
Cost of goods sold, gen'l
ctock
000 2%-3%
166,
sales)
company
100.71;
$5,001,414 $15,621,306 $14,373,473
857,740
$1,495,694
2.185,370
501,661
share
per
stockholders
dividend
a
Quaker State Oil Refining Corp.
Subs.)—Earnings—
Sept. 30.'46
$5,529,464
profit
tEarncd
104,
$
Corp. and White, Weld
Bros, and Merrill Lynch,
3 Mos. Ended
♦Net
issue
on
(Including its subsidiary, Gosnold Mills Corp.)
Period—
declared
Period End. Sept. 30—
&
FowdfgU & Alexander, Inc.
Net
3413; V.
127,
102.081,
of
Blyth & Co. Inc., Lehman
Beane, 100.81; Harriman Ripley & Co., Inc.,
and Halsey, Stuart & Co.,
Inc., 100.6599.—V. 166, p. 1792.
Fenner
to
comoanv
Putnam Fund of Boston—35-Cent Dividend
have
Period End. Sept. 30—
bonds, 3 Vz %
The First Boston Corp.,
were:
Equitable
bid
a
101.0799;
Pierce
the
Net sales (excl. of inter¬
General Electric Co.—Bonds Offered
&
offered
issue
authorized
quarterly payments of 15 cents each
brings the total dividends paid in 1947 to 80 cents
total, $21,235,742.—
$6,000,000 first mortgage
series due 1977, at 103 and interest.
The
23
three
Earnings
—Salomon
deferred
capital.—V.
(George)
Dec.
f rjqf
CONSOLIDATED BALANCE SHEET>
ASSETS—Cash,
Richmond Fredericksburg & Potomac
Gross
$2,941,130
653,825
tional working
1,750,000
325,038
from
include
17,878
-
income
Federal taxes
Court
$106,689.
promissory note or notes for not exceeding $1,000,000, to be delivered
at par to the payee or payees to evidence a loan of like
amount, the
proceeds to be used to pay assessed income taxes and to provide addi¬
397,801
81,747
income
voluntary petition in bankruptcy
at Tacoma, Wash., listing assets of
$225,74*3
11
a
development costs and prime costs
Of the Wheelair airplane program,
including one completed airplane,
work in process on a second plane and
engineering data.
Donald J.
Wheeler, Seattle, Wash., is listed as President of the
corporation which started in Tacoma last year.
(Seattle 'Times.")
The trustees
Gross
filed
30
121,502
expenses
Belling, general & adm.
(1895)
proved—
Oct.
on
28,899
-
properties
CHRONICLE
Puget Sound Navigation Co.—Notes—
3 Mos.
9 Mos.
$12,100,509 $35,301,594
-
Cost of products sold
Coal
In
(& Subs.)-—Earnings-
Period End. Sept. 30, 1947—
Net
5,482,744
1522.
p.
The
The assets listed
from
Net
FINANCIAL
ruptcy Petition—
1947
-
&
Puget Pacific Planes, Inc., Tacoma, Wash.—Files Bank¬
$579,307
Gross
COMMERCIAL
Schenley
Mr.
p.
Distillers Corp., stated.
Wiehe
Distillers
1828.
is
also
a
Vice-President
Corp. and President of Schenley
a
director of Schenley
International Corp.—V. 166,
and
1
'
*
12
Schiff Co.—-Votes
'
stockholders
at
special
a
meeting
held
INCOME
3
Nov.
on
»
chares
in capitalization
increase
stock.
of new
•
:«
Net
:■
$11,609,952
aaies
i Jiet operating profit—1
INet income before Federal
$8,984,504
—
$1,478,164
494,770
$884,072
384,990
expenses
—
16,163
Cash
Loss
discounts
dumber
•Net'
of
shares issued
common
income
$1.74
share
common
per
$285,506
$5.49
'
159,500
items
32,223
(see
Miscellaneous
Normal
BALANCE
contra
income
to
funded
on
for
bonds,
debt,
and
Federal
taxes, $460,000; first (closed) mortgage 4(4%
due June 30,
1960,
$2,417,000; 5%
cumulative
sinking
income
debentures
(subordinated), due Nov. 30, 1973, $2,202,010; cash held
sinking fund by trustee (Cr) $856; common stock ($1
par value) i
capital surplus, $542,883; earned surplus since Feb.
1, 1935
(effective, date of acquisition
0f
assets
of
predecessor
company.),
$2,454,484; total, $11,217,f02.—V. 165, p. 2804.
4,333
14 1
128,000
for
;
surtax
&
Period End. Sept. 30—
Gross
$592,334
income
Dividends paid
class A
class B
on
Earnings
South Carolina Power
130,000
profits tax
Dividends
.
con¬
above)
tax
$424,972;
contracts
reserve
charges
Federal income
Excess
class
per
$228,943
45,825
45,825
151,926
$3.60
stock
BALANCE
JUNE
SHEET,
'
Inventories
(net)
(net book
value)
50
1946
$567,444
239,708
626,875
725,291
-
♦Property, plant and equipment
1
$8,198,904
$7,867,141
405,439
4,818,663
4,526,796
46,130
41,770
540,480
502,980
15,850
15,850
190,200
190,2d0
104,853
110,024
taxes
[823,632
profits tax
Gross
Int.
J
income
of
Other
729,4dO
$81,606
$87,666
$1,216,930
$1,177,609
39,862
30,312
404,092
366,849
long-term debt-
on
Amort.
7,242
j-
740,156
(609,000
and
prem.
debt
on
Crl50
deductions
Cr599
Cr698
Cr526
5,168
9,795
$42,591
$57,880
$808,269
$80Q,965
1
18,358
$2,686,794
—
sition
Federal income
485,747
859,803
757,583
-
$660,749
455,654
plant acquiadjustments
excess
1947
receivable
1947—12 Mos.—1946
$704,094
of
General
$565,302
ASSETS—
Accounts
Amort,
$1.21
share
B
'
Co.—Earnings—
1947—Month—1946
revenue
Operating expenses
Prov. for-depreciation.--
75,1963
stock
com.
com.
COMPARATIVE
Prepaid expenses
$2,166,561
——
Net
—V.
1947
JULY 31,
SHEET,
and other taxes, $291,377; accrued interest
other accrued accounts, $143,000; prevision
income
fund
26,926
375,000
equip, purchl
of
charged
Goodwill
dividends on preferred stock.
♦After cash
State
'payable
to 'banks, $1,647,000; accounts payable
miscellaneous), $608,322; accrued excise tax cn sugar, and
and
property
$26,910;
$518,843
sales
on
cancellation
on
sundry
tingencies.
920,506
635,000
$928,434
159,500
income
LIABILITIES—Notes
19,761
$999,557
Income
Cash
\ /".'Net
for'
(trade
$499,082
$983,394
sales
on
non'snc
1,528,434
600,000
taxes
income
^ Provision for Federal income taxes
.
3,671,669
income
Net
July 31,'47 Jan. 31, '46
Fiscal Years Ended—
$4,555,741
4,912,230
sold
profit on sales
and administrative
Gross
said
Schwitzer-Cummings Co.—Annual Report—
'
$6,390,444
goods
profit
Other
&
its authorized new capital might be used in
acquiring other companies, in increasing its holdings in the A. S. Beck
6hoe Corp., increasing the company's manufacturing capacity or engagiug in the export business.—V. 166, p. 1724.
:
of
Selling
officers.
company
(385 shares) at cost, $17,325; membership in New York
Sugar Exchange, $5,900; land, plant equipment, etc. (after
depreciation of $3,981',000), $5,439,517; deferred charges.
$147,163; total, $11,217,102.
and
reserve-
1946
in
only definite expansion plans of the company at present are
"to purchase the business of the Waynesboro Shoe Manufacturing Co.
at Wayiiesboro, Pa., whose entire stock is now owned by five Schiff
The
Inc.
Coffee
30
.
Cost
The
.
Monday, November 10, 1947
Corp.,
JUNE
ENDED
sales
Net
Gross
provides for a two-for-one
eplit of the present stock, making a total of 445,500 shares outstanding, and gives the company authority to issue a total of 2,250,000
authorized
YEARS
FOR
ACCOUNT
1947
'-control of the corporation.
The
CHRONICLE
FINANCIAL
&
(The) Serrick Corp.—Annual Report—
Change in Name and Split-Up—
authorized
changing the name of the company to the Shoe Corp. of America,
authorized
a
large increase
in capitalization, an
increase in the
•number of
directors from seven to 12 and the creation of a new
■class of stock which will make it possible for the Schiff family to retain
The
COMMERCIAL
THE
(1896)
income
166,
1724,
P.
«
L
;
(after reserve of $50,000 for losses), $830,300; inventories at lower of
most recent cost or replacement market, $3,027,278;. land, buildings,
machinery and equipment (after reserves for
depreciation of $497,032),
life in¬
cash surrender value of $150,000 face amount of
surance," $45,475; prepaid expenses, $35,840; total, $5,646,233.
*1,440,899;
;
$500,000;
banks,
to
$429,065; accrued Federal income taxes (less
\
1
South Jersey Gas Co.—Calls Bonds—
LIABILITIES—
Accounts payable
Accrued Federal taxes
$178,192
income
on
salaries,
Accrued
real
commissions
and
wages
82,069
common
Paid-in
and
stock
donated
($1
Oct. 16 authorized the company to assume
on
obligation and
;
surplus
"with
and
trustee,
as
at
sold
99.1699
164,
depreciation
of
in
$953,183
1947'
Shell Union Oil
Seismograph Service
of
of Dela-
Corp.
Prov.
for
ment
deprec.,
ment
and Ralph W. Davis, a partner of Paul H. Davis & Co., invest¬
bankers, of Chicago, 111., have been elected directors.—V. 166,
ware,
p.
President
Speirs,
George E.
,
deplet.,
expenditures,
and
Selected Industries, Inc.—Quarterly Report—
On
were
Sept.
1947,
30,
$41,474,422
the
net
compared
as
before deducting funded debt,
$41,455,540 on June 30, 1947, and
12,639,540
Sept.
on
30,
1946.
The
assets
net
at Sept.
■~s
for the funded debt, $143.38 per share of prior stock, and
*24.64 per share of convertible stock at June 30,
1947, and 603%,
*144.16 per share of prior stock and $25.08 per share of convertible
stock at Sept. 30, 1946.
"
An
(good
grade
assets
;
■
1,771,002
21,425,885
income
and
13,826,930
774,968
780,972
2,745,000
credits
Interest
funded
on
Provision
Other
for
charges:
funded
debt
_■
estimated Federal taxes
Cost
(net)
of
debt
income
on
bonds
before
and
tax
preferred
provision
stocks
amounted
to
of
11.9%
net
appreciation.
Total bonds
accounted for about 7.2%
of gross assets, preferred stocks for about
11.3% and common-stocks for about 74.7%.
The principal holdings
Jq the common stock -group were represented by stocks of companies
in the oil industry accounting for 12.1%
of gross assets, public utili¬
ties
for 8.2%,
building, equipment and renovation
for 7.6%, and
Net
income
Earnings
SEPT.
—V.
166,
Cash
dividends
Taxable
1944
$143,464
$108,994
1,107,505
963,399
shax-es
cents
the
30,764
36,226
the
and
of
L.
balance
is
25,392
underwriters.
operations.—V. 133, p.
mining
The
income
$1,392,532
♦Invest.
&
$1,281,733
$1,108,620
$1,123,302
75,629
76,442
70,154
Skilsaw, Inc.—200%
The
directors
admin,
64,259
55,135
49,959
50,997
148,798
128,858
103,499
103,517
18,077
19,656
17,917
22,038
$1,085,769
$1,001,642
$867,089
$877,936
994,147
994,147
994,147
994,352
exps.
Taxes
—
income
Net
Prior
pref.
dividends—
♦Represents corporation's share of expenses
of Union Service Corp.
for salaries of the investment research and administration staff, rent,
supplies, telephone, surveys and special investigations, insurance, so¬
cial security taxes, etc.
Union Service Corp. is operated on a non¬
profit basis, and its expenses are shared proportionately by the com¬
panies serviced by it on the basis of the relative value of their assets.
The
unrealized
appreciation of investments on Sept. 30, 1947, after
deducting provision of $2,096,000 for possible Federal income
tax
payable if such appreciation were realized, was $6,109,909, or $1,848,520
less than
Dec.
on
is
Oct.
on
will
company
both
voted
dividend
31, 1946..
'
•
BALANCE
SHEET,
SEPT.
30,
with
the
stock
quarterly cash dividend of
share
a
on
in banks, $776,005; investments in U. S. Government
cost, $1,619,506; investments in other securities—at cost.
*33,132,239; dividends and interest receivable, $162,343; receivable for
securities
sold,
$5,817;
special deposits for interest
and
dividends
shares
The
same
will
be
building of
new
connected
to
its
40,000
ft.
of
plant
at
sq.
present
pay
This
dates.
manufacturing space which
5033 Elston Ave., Chicago,
Ground for the addition probably will be broken next Spring.
Sales billed by the company for the year to date- are 70% ahead
comparable
pany
above
system
pavment
paid
into
of
for
for
the
1946,
make
to
1947.
1947
fund
Last
will
in
Sullivan said.
Mr.
levels,
prewar
decided
company
sharing
The
10%
are
The
period
bring
to
paid
it
close
to
a
Commonwealth & Southern
fr (contra), $459,000; total, $36,154,910.
LIABILITIES—Interest accrued and dividends payable,
securities loaned against
cash, $195,300; reserves
for
taxes,
$136,096;
etc.,
$5.50
cumulative
convertible stock
940;
surplus,
27/a%
prior
debentures,
stock
($25
due April 1,
par), $6,025,000;
($5 par), $2,121,585;
$18,260,989;
total
common
stock
$36,154,910.—V.
166,
for
due
its
expenses,
1961,
Corp.
for benefits from
cumulative
($1 par), $2,056,p. 706.
166, p.
the
1947
-
"
$9,6G7,464
12,329,905
„
period, with sinking fund provisions based
on
a
per¬
Int.
,
of
the
loan
will
be
used
to
retire
anortgage
'the
"television
■
The
1946
y...
receiver
plant,
in
solidate
a
production,"
valued
program
all
at
to
production
he
Portion
of
290,373
retired
in Federal
and
90,000
&
124,588
expense
Earnings
per
♦After
tax
per
share
Net
common
80,000
share
interest, less
I—
$0.57
stock
±
cancellation of provision
and
$241,979
42,497
$1.25
com.
expenses
BALANCE
TOOf.—V. 162, p. 501.
ASSETS—Cash,
doubtful
for and refund of unjus.t enrichment
—V,
applicable thereto, $55,303.
i.
J_L
of
SHEET
JULY
accounts
31,
1947
receivable
(after
$14,676),
shares)
in
stock
at
cost,
of
South
Shore
$413,246;
Co.—Weekly Outputfor
the
week
ended
1,
Nov.
kwh.
2,291,000
11.0% .—V.
for
166,
p.
1947,
the
1828.
Co.—Earnings—
1947—12 Mos.—1946
$620,406
$8,730,581
$7,546,892
339,328
280,380
4,091,762
3,252,568
62,810
60,030
755,088
706,291
7,200
7,200
86,400
86,400
153,892
783,148
680,245
152,900
ll, 036,155
1,102,092
$161,062
$118,904
$1,978,027
$1,719,297
21,037
21,037
252,450
252,450
148
148
1,773
1,773
3,203
934
14,179
17,495
$96,784
$1,709,626
$1,447,579
34,358
34,358
412,296
412,296
$102,315
$62,426
$1,297,330
$1,035,283
__
[
debt-
pfd,
slock
1725.
p.
Southwestern Gas & Electric Co.—Registers with SEC
The
company on Nov. 3 filed with the SEC a registration statement
covering $7,000,000 30-year first mortgage bonds, series B.
The under¬
writers
will
finance the company's
to
be
for
$1,380,305;
Oil
and. Development-Co,
investment
in
determined
166,
at
competitive bidding.
Proceeds
construction program.—V. 166,
will
p.
be
1396.
(& Subs.)—October Sales Rose 8.99%—
1947—Month—1946
sales
1947—10
Mos.—194$
$12,943,848 $11,876,469 $97,084,236 $84,974,013
1524.
p.
from
Net
ry.-oper.
State
1945
1944
$1,958,327
$1,939,931
$1,829,338
$2,534,187
392,349
railway
railway
from
1946
1947
September—
Gross
638,828
470.086
1,015,348
122,468
557,221
590,413
433,761
16,085,321
13,959,987
20,661,139
19,254,990
3,505,243
1,941,717
6,910,048
6,300,441
1,033,908
income—
754,405
3,525,975
2,999,647
From Jan. 1—
Gross
from
from
Net
ry.
—V.
railway
railway
income
oper.
166,
P.
1524.
Standard Gas
Leo
T.
director,
and
Electric
Co.—Resignations—
by the management of its filing with the Securi¬
Exchange Commission of a new slate of directors to be elected
3.
Crowley,
system, which
utility holding
C.
&
Crowley, Chairman of the board, and William Froelich," a
will not be proposed for re-election as directors, according
announcement
an
Dec.
A.
long
is
Chairman
and chief executive officer of the
recapitalized in compliance with the public
act, has resigned.
He will be succeeded by
being
company
Johnson,
now
Executive
Vice-President.
»
Judge Robert P. Paterson, formerly Secretary of War,
The
reserve
sales
ments
J
accounts
invitation for bids will
$136,673
on
166,
Allen,
inventories
(molasses 'at
value; all others generally
at average
cost), $2,711,052;
planted and growing crops (expenditures in connection with planting
and cultivating of 1947 sugar cane and other crops), $966,478; invest¬
net
Shoe Corp. of America—New Name-
$136,116;
spent
has
1947—Month—1946
income
former
nominated
was completed
in the summer of
manufacturing procedures and conoperations
and
executive
offices under one
approxi¬
comparable
a
the company's frequency
an
compared with
year, an increase of
Balance
ties
taxes
on
in
company
debt discount
Dividends
to
to resulting reduction
income
$534,122
10c
$1,000,000,
streamline
equiv.
& State
Power
company
expense
deductions
Other
$663,842
251,863
♦276,353
taxes—
income
Dividend of
added.
See Schiff Co. above.—V. 166, p. 1724,
income
redemption prem. & disc.
bonds
on
Net
currently outstanding
the balance
going
into
a
of
approximately $300,000, with
working capital, Mr. Alschuler said.
"This procedure will strengthen
company's capital position and allow expansion of our program of
'
$539,254
$1,100,848
State
the
)
long-term
on
Amort, of
Mr.
centage of the company's profits.
Proceeds
271.043
$817,321
283,527
income
&
spent
J
773,443
289,125
Fed.
on
following which
plant acqui¬
adjustments
8,083,723
890,782
__1
exps
charges
for
this year
totaled
has
1947
of
Net
Gross
ever
addition,
Spokane Portland & Seattle Ry.—Earnings—
Profit from operations
Income credits
Prov.
of
In
1946
658,884
taxes
Income
months
amount
as
profits tax
$9,008,580
Depreciation
Sentinel Radio
Corp.—Places Loan Privately—The
corporation has placed a $750,000 first mortgage loan on
its new manufacturing plant at 2100
Dempster St. in
Evanston, 111., it was announced Nov. 6 by Ernest
Alschuler, President. The Modern Woodmen of America
carry $5C0,000 of the total and the Aid Association for
Xutheraris $250,000, all payable serially over a
10-year
credit
1949.
new
$723,301
Spiegel, Inc.
345,598
oper.
kwh.,
Period End. Oct. 31—
$13,981,535
&
this
income
163.
$14,327,133
sales
of
depreciation
Net
of
SEC
expenses
for
—V.
-
revenue
Excise
August,
1828.
\
allowances,
freight,
Total
Cost
the
p.
and
-Acquisition—
above.- -V.
discounts)
Other
this stock,
stand-by
in
financing program by the P. U. Commission,
file a
registration statement with the San
used
$6,900,000;
$1.50
and
the
expiration
profit-
South Coast Corp.—Annual Report—
Years Ended July 31—
sales (after deducting
to
taxes
Net
Net
$459,000;
far
so
Colorado
income
securities—at
'
permit
its
"T—
of
com¬
$220,000 into the fund.
$1,000,000 contributions
Approximately 75%
of
620
See
will
he said.
year,
four-year period.
employees of the company are eligible
fund, Mr. Sullivan said.—V. 161, p. 315.
the
Prices of the
$400,000 contribution to
a
the
Gross
a
111.
the
nine
largest
excess
dividehd
will
equivalent to 90 cents on the present stock which received 45 cents
share in each of the three preceding quarters.
Bolton Sullivan, President, also announced that the directors hhd
authorized
a
$300,000 expansion program;
The company will con¬
a
of
166,
Federal
is
struct
P.U.
.
of
output
Operating
of
per
South Carolina Electric & Gas Co.-
1947
ASSETS—Cash
office
General
company
the
first
the
expects
2.542.000
sition
two
held.
distribution, -the
cents
30
of
the
revenue
Prov.
stock
a
California
proceeds from the sale of
until
Southern Indiana Gas & Electric
Stock Dividend, etc.—
27
effect
company's history.
issued.—V.
Gross
its proceeds
use
the
company
in
Period End. Sept. 30—
of
2900.
stock, par $2, for each share presently
payable Dec. 12 to holders of record Dec: 1.
Simultaneous
for
the
approval
Amort,
68,814
expenses
Interest
-
Anderson,
T.
the
corresponding week last
by four stockholders
the securities directly
sold
company will offer
Nicholls & Co. and W.
as
for
being
The
E.
with
off
that
remain
Southern
-share.
a
aid
paid
to
company
totaled
on Oct. 28 filed a letter of notification with the SEC
1,345,000 shares of common stock, of which the company is selling
15-
the
to
and
$1.78
$2.87
common
Total
General
be
The company
984,095
dividends-
sec.
the
Silverore Mines, Inc., Wallace, Idaho—Files with SEC
1,000,000
application
issue
program.
Upon
8,891,384
$0.66
$113,815
7,608
—
1945
$155,552
1,229,373
income
1946
in
Electric
for
be
program
change
1056.
p.
to
cumulative
additional $13,171,010
an
1947
1946
$38,676,876 $23,981,773
Sept. 30—
income after charges and Federal taxes
Earnings per share
Spokane, Wash.,
30
1947
Interest
tion
Francisco
9 Months Ended
Net
with
ENDED
will
expected
mately. $35,140,122,
—
15,350,917
$1.14
share
per
To Issue $40,000,000
—
capital to provide expanded
electric services for the increasing demands of the territory it serves,
W. C. Mullendore,
President, announced that the company's construc¬
1,409,574
__j
■
at
ACCOUNT, NINE MONTHS
date
period
.•
made
30
permission
$40,000,000
Illustrating the company's need for
unrealized
on
chemicals for 4.9%.
INCOME
5,300,000
Oct.
on
for
of
arrangement
refinancing
with 600%
analysis of the portfolio of Selected Industries included in the
■k quarterly report shows holdings of cash, Government securities, and
t
12,055,928
1,282,573
to
11,840,652
20,143,312
Total
assets,
with
30, 1947, indi¬
cate a coverage of 601%
for the 27/a% debentures, $143.46 per share
■of prior stock and $24.68 per share of convertible stock, as compared
*41,643,248
i
$
it, is
Other
166,
sell at competitive bidding .a
preferred stock.
Banking groups
will be asked to bid on both
price and dividend early in December.
Proceeds of the issue will be used
by the company to pay off bor¬
rowings amounting to approximately $30,000,000, drawn against its
$75,000,000 stand-by bank credit agreements entered into with a group
of California and eastern banks last
July. Even though all borrowings
956,
1
company
issue
new
1946
develop¬
abandonments
Balance
above.—V.
Co.
at a special meeting held on Nov. 3
approved a
change the authorized 8% preferred stock from 50,000
$100 par value to 200,000 shares of $25 par value, four new
to be
issued
in exchange
for each old share held.—V. 166.
Southern California Edison Co.
intangible
amort.,
Gas
Preferred—To Be Sold Through Competitive Bidding—
158,503,747 112,135,795
125,720,895
88,239,215
retirements
Peoples
to
Commission
sales, less discounts and allowances
selling and general expenses
'
and
309.
p.
$886,473
and
1947
Costs,
Co.
of
shares
Corp.—Earnings—
Quarters Ended Sept. 30—■
Gross
Seismograph Service Corp.—New Directors-
Gas
stockholders
shares
2059.
p.
$
the procurement of certain new
The
proposal
The
accrued dividends in connection
equipment.—V. 166, p. 1828.
and
for
reserves
1946—V.
liability, as guarantor, in respect of not exceeding $4,500,000 of equipment trust certificates, series B, to be issued by the Girard Trust Co.,
?
♦After
City
$2,166,561
par)
Earned surplus
in
Atlantic
1724.
South Porto Rico Sugar Co.—Splits Preferred—
95,167
254,585
151,926
599,322
504,162
$2,686,794
Class B
See
p.
55,317
95,167
254,585
151,926
599,322
898,745
estate, payroll $nd sundry taxes—
contir.g.—
Total
The, ICC
286,148
43,089
Reserve for postwar adjustments and
Class A common, stock
($5 par)
Trust Certificates
Seaboard Air Line RR.—-Equipment
:
$176,845
377,092
49,696
(1946, includ¬
ing provision for renegotiation)
Accrued
accounts payable,
$301,040 of U. S. Treasury
tax notes), $363,082; other accrued
taxes, $121,224; accrued salaries
and wages, $108,166; preferred stock
($20 par value), $966,680; com¬
mon
stock ($1 par value); $159,500; capital surplus, $289,046; earned
surplus, $2,709,470; total, $5,646,233.—V.166.p. 59
payable
LIABILITIES—Notes
Total
and in banks, $266,442; accounts receivable
ASSETS—Cash on hand
been
to
director of
the
Reconstruction
Finance
replace Messrs. Crowley and Froelich.
stated that, notwithstanding the hearings
the Securities and Exchange Commission,
company
ordered
intention
of
and George E.
Corp.,
by
are
being
which
it
was
had
the
the
management to hold the stockholders' meeting in
accordance with the company's charter and by-laws.
Proxies, how¬
ever,
will not be solicited until the company's proxy material is
effective under the Commission's regulations.—V. 166, p. 1725.
(169,492.5
Agricultural
Credit
(Continued
on
page
48)
il£&
Volume 166
Number 4645
COMMERCIAL
THE
Stock Record
&
FINANCIAL
CHRONICLE
(1897)
New York Stock
«»
Exchange
DJULY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
LOW
AND
HIGH
SALE
PRICES
Saturday
Monday
Tuesday
Wednesday
Nov. 1
Nov. 3
Nov. 4
Nov. 5
$ per share
t per share
I per share
72%
9
72%
*73
95
*80
95
7%
7%
7%
73%
95
7%
7%
72%
74
95
7%
the Week
*80
7%
73%
2,300
7%
1,200
58
58%
58%
58
58
59
59
1,000
Acme
17%
17%
18
17%
17%
17%
17%
3,600
*48%
49%
*48 %
49%
49%
*431/4
*48 %
50%
38%
39%
38%
39%
38%
373/4
37%
38%
*7%
8
29
*100
28
110
*102
*102
106
4%
4%
4%
4Va
19%
19%
*19%
20
95
*92
95
*92
3%
40%
71
3%
3%
*40%
*68
33%
*90%
7%
7%
28%
4%
4'/4
19%
19%
3%
3%
3%
40
69%
69%
32
33
*90
33%
33%
33 Ve
92%
91%
91%
12
12
12
12%
189
189
189
189%
3%
3%
19
32'%
32%
12 1/4
5,000
Allen
188
188%
1,600
Allied
*20
20%
300
Allied
1901%
188%
2oy8
x20%
20%
190
35
34%
34%
*34%
34%
34%
34%
100
32%
32 VB
32%
31
32%
30 %
31%
31%
31%
9,400
99%
99%
99%
99 %
700
99%
*99%
100%
99%
99%
39%
39%
38%
39%
37
38%
373/4
38
37%
38%
8,700
*96%
97%
96%
96%
94%
96
94
95
96%
96 %
1,000
32
32%
33
32
32%
32%
32%
32
32%
2,400
*6%
DAY
6%
6%
6%
63/4
*50
6%
6%
*50
54
*50
83%
84
84
84%
85
841/4
85
86
50
50
50
50%
4914
49%
493/a
49%
*49%
83/4
8'A
8%
6%
8%
8V2
8%
8%
68%
22%
66 Va
66 %
65 V*
66 'A
22
22%
22
74
74
73
12%
12
12
11%
12
41
40
40%
8%
*67
22%
*73
74%
*12%
13
*12
41
41
40%
109%
103%
5
109
5
*88
5
89%
179
179
22%
22%
*73%
74%
109%
5Va
4%
0%
44%
*104
89
88%
177%
178
44%
45
44%
89 Va
106%
*104
109%
4%
871/2
441/4
1
100
par
2% May 19
25% May 19
56
Jan 13
par
32
100
91% Nov
1,800
70
800
40%
41
109%
4%
*86%
175
45
American Airlines
6%
2,100
4 r/o
4%
3,700
1,700
"
44%
44%
*103%
160
106%
Co
Radio Corp
common
Preferred
2414
23%
24
23%
1,300
Amer
106%
107
*1061/2
107
*106%
107
50
5%
*48%
49%
49 Va
4914
49%
49%
*491/4
50
49'A
50
900
*20%
21
2014
20%
20 %
20 %
*20%
21%
20'A
20%
400
American
*20%
21%
2114
2114
20%
20%
201/4
20%
20%
20%
500
96
*94%
44%
45'%
112%
113 %
112%
*29%
29%
29 %
4%
*4%
44
96
*94
96
44%
44%
113
113
29%
29%
45Va
113
29 Va
*94
43 Va
112 %
29
96
*94
44
42
112%
110%
29%
*29%
96
441/8
7,200
112 'A
3,300
30
5
5
434
4%
*4%
5
*15%
15%
16
16
16
16
*15%
16%
*15%
16
18%
18%
18 VA
18%
18%
18%
18%
18%
18%
4%
5%
3%
3
3
3%
3 %
3 %
*92
93
92 %
92%
95%
97'/2
97%
16%
16 VB
16%
11%
13'/4
10%
83
84V2
831/2
11%
83%
38'/4
381/4
82
80 %
80%
*37%
38%
37 %
37%
24%
*54
55
1414
21%
21'%
14%
14%
112
LOW
6 per share
6 per share
22"
*96
*96
97%
*30
10 Va
28
*9%
131
%
130 %
96
11%
*10%
11'/a
33 %
*32
33 %
10%
10%
10%
10%
102%
102 Va
101%
102%
33
33%
32%
101 Va
100 Va
10%
19 Va
*39%
65%
65 %
156%
157
34%
343/4
139
*136
*25
25%
*23%
29%
24
-
42%
*128%
19%
355%
12%
*
14%
14 %
20%
*112
10%
33V2
10%
101'/a
94
15
$ per share
22'%
*94
*9%
27%
131
10%
33%
10%
99
92
14%
177%
*176%
331/2
101
10%
S per share
22%
22 Va
96
*94
9%
*9%
27 Va
132
27%
*132
156
103/8
93
92%
15
14%
68%
143
32%
6,600
100%
IOOV4
1001/4
780
Products
Locomotive
10%
3,100
10%
10%
10%
NEW YORK
Amer Mach & Fdy
3.90%
6%
preferred
American
Molasses
American
Amer
Power &
$6
Light
preferred
Rolling
conv
28,200
157%
158'/a
34V4
34%
156
341/4
*135
29Vi
157
34%
140
156
.
34%
*135
29%
29%
157
34%
460
1,000
140
29%
Am
Smelt
American
Steel
900
American
American
Stove
600
42
41
130.
*1291/2
*19
155%
681/4
141
141%
102 Va
101%
101%
*101
93%
*89
For
Jan
Mar 12
97 Va
Dec
102
44Va
17
68%
140
57%
6%
*65
HI
1,000
46
15
...
41%
6
Jan
69
5,400
Common
1,250
6%
58
3,100
6% Feb
7
5%
290
17
17 Va
9,700
Am
American
443/a
443/4
6,600
102%
*101%
102%
100
91
71/8
68
*89
6%
*65
93%
7
5%
Sep
11 Va
Feb
17% July 28
13%
Oct
23%
Jun
9
20% July 15
17 V,
Nov
28%
Aug
6% Feb
115 Va Jan
J
100
Sep
25 V4 Feb
8
18
Oct
79% Oct
5%
8
Amer
Jan
Jan
Jan
22% July 30
1
37
55
Jun
X34% Jan
10
May 16
10% Jan
24
8%
106% Mar
7
99%
Jan
6
12
May 19
18% May 19
110% Jun
4
13
Oct
28
14% Nov
5
30% Fph
It'
118
Jan
0
31%
22%
111
94% Apr
19
Tobacco
7
May 19
117% Feb
21
99
May 21
7
8
37% Feb
7
27%
Jan
109% Feb 24
95%
Feb
Oct
22
172
May 19
40
10
July 17
Mar
5
May 17
*45
May 19
146% Feb 24
100
25
No par
common—No par
com
No par
Smelt
com
1
8,700
70
1,790
Anaconda Wire
& Cable
No par
1,100
Anchor Hock Glass Corp
com—12.50
25
50
No par
preferred
&
Oil
Dec
Oct
34
39
Clayton
Jun
Oct
Feb
116
34%
Anderson-Prichard
Jun
43%
23%
133%
17
100
383/4
Anderson,
Jun
26 %
186
.100
new—5
25
Elec
106%
Sep
90
24% May 19
Nov
12% Nov
lOVa Sep
97% Jan
88% Jan
21
21
98
34%
129 Va Feb
Jan
Oct
16% Feb 24
6
Highest
I per share
21 Va
39% Feb 24
Nov
11% May 19
share
Oct
99
176
ver
11
Jun
69%
100
14% Feb
21
34%
4,400
9 Vb May 19
July 17
8
70
19
28% May 27
147
Feb
34%
53
1
32% July 17
37
391/a
18%
10% Oct
o
25% May 19
23%Junl0
39
*52%
Oct 21
15
6
69%
53%
129
Jan
15% Feb
Jan
39%
19
x25% May 19
101
2
158
70%
18%
Sep 25
J
31
34%
*52%
9
28% Sep
Lowest
12% Nov
*173% Nov
iSVt Mar
163
iuly
17% July
SO
Apr
22%
Jun
133%
Aug
123%
Aug
23
Feb
186
Feb
42% Aug
106 v4 July
Jan
33%
$4
Jan
May
Apr
common
$5 prior conv
120
10%
44%
119
AT
Jun
Jun
77%
39%
106%
16%
May
Sep
69%
*105
Sep
Nov
18% Mar
lib
45%
71
107
$ per share
10
34%
107
Nov
36%
May
Year 1946
$ per share
18 Va Jun
100
&
Dec
9% Sep
11% Mar
Highest
par
100
Lead
11?
8ep
SO
Apr 23
9% May 17
No par
prior preference
Zinc
Jan
Apr
7
B
Woolen
44%
53
100
&
14%
129 v* May
69% Nov
Preferred
Conv
3,000
68
Wks
Oct
6
89% Sep 11
10% Nov
6
48% May 19
preferred
Wtr
.■
Oct
American Viscose Corp common_^14
1193/4
July
Aug
Feb
preferred
*119
44%
class
71
Nov
10
Oct
3
18% Oct 30
Co„
Corp
21%
10
165
34%
160
Oct
Dec
Jan
30
191
10*4
172
Apr
Feb
Apr
27% Nov
80%
28% July 24
25 %
Dec
43
29% Jan
24
Sep
88% July
38 Va
Oct
20
Jan
Oct
7
2
138
Sep
88 V4
188
Feb
May
Feb
Apr
22
149% Jun
19
174% Feb
4
1% Nov
141
Jun
rn.rn.mm
Jun
7
Oct
82 Va Feb
5
84% Feb
5
159% Nov
29
Apr 15
61% Apr 19
Rights
Tobacco
108
48% July 28
118 % Oct
33%
American Tel & Tel Co
American
mmum
44%
39%
32%
27
393/a
page 24.
Sep
12%
69%
see
20%
55%
34%
footnotes
4
8ep
34
19%
%>r
Feb
24
Feb
Oct
34%
52
34V*
Sep
preferred
Anaconda Copper Mining
18%
Oct
12
14,800
110,300
451/4
52 i
17 Va
„
Dec
155%
44%
19%
7
...
Sep
155 VB
45 Va
52
26 V* Feb
—
Sep
1553/4
17%
19%
5
19
American
69
Jan
Aug
No par
No par
Co
Sumatra
40%
56
14%
American Sugar Refg common
Preferred
17Va
17
42 %
130
132% Mar
150
33
200
45
19%
8
5
12
96% Oct
21V. Nov
104% Sep
6
4
300
17%
*51
r
10
Feb
15
19%
17%
A •52%
8
28 V* Feb
110
42 Va Oct
19%
57%
*52
115 Va Jan
22% Feb
42%
1193/4
107
21
21
18
16% Feb
129 7/a
57»/4
107
72% May
Jun 27
19%
118%
109
Nov
9% Aug 25
15% May 20
42%
571/2
*107
42
34
1313/4
1191/4
108%
1
5%
5
Stores
200
*107
54 vb Feb
80
40
70
*39%
Jan
210% Mar
37%
70%
343%
«
106%
Dec
8
Mar
No par
Foundries
25
71/4
Feb
Oct
3% May 19
139
23%
67
17 V4
79
184
99
16% Sep
2% Jun
13
100
233/4
7
Oct
1
12
7% Feb
22
7
7
25% May 19
preferred
non-cum
25
*65
Apr
Dec
196% Sep
94
May
20 % May
105% July
47% Oct
19
Sep
Xl9% Sep
95V» Jan
42
Nov
110% Nov
33
25%
*89
74%
a
May 21
156
24
7%
Nov
li
7
Nov
25
*25
67
3% May 19
82% Sep 23
100
*233%
94 Va
67 Va
31
108% Oct 30
common
Snuff
25
57V4
*7%
19%
Mar 26
7
Refg common—No par
23%
1191/4
*65
Nov
80
11% Api
No par
Co
Preferred
American
6%
2,400
&
25
58 V*
*90
Jun
Apr
5
100
Ship Building Co
23%
69
83%
14
10
preferred
69 %
119%
*101%
Mill com
68%
1423%
Nov
9% Oct
100
68%
68%
37%
42% Apr
No par
66 %
142
50% Oct 23
101 Va Feb
San'y com___No par
Preferred
4%%
Apr
75
91% May
3
No par
Amer Rad & St
American
.12%
Oct
Sep
July 29
No par
com
preferred
$5
Oct
64%
9
5% May 19
49
Jan 16
1
No par
68%
69%
6%
44
July 24
5%
1
Co
Co
News
X66%
143%
3
Apr
90
Apr
100
Seating
156
8 % Feb
Nov
Jan
No par
Safety Razor
155%
39% May
6
American Metals Co Ltd com_No par
American
19%
Sep
51
7
100
Amer
42
25
Lowest
& Metals
American
*18%
23
Range Since January 1
preferred
cum
Amer Machine
700
139
Jan
35
July
Nov
1
Co com—No
230
19%
95%
108
110
Par
19 5/8
42%
Nov
Range for Previous
40%
132
62% May
91%
Jun
STOCK
19%
29%
Nov
Nov
27
64%
EXCHANGE
39%
29%
99%
30 Va
99"% Oct
Oct
100
19%
29%
105% July 28
42% Oct 14
36%
100
common
39%
138
63% May
3
100
preferred
39Va
*135
Nov
Feb
No par
39%
341/4
31 Va
50
10
com
preferred.
19Va
158
Jan
Jan
o
—1
Co
39%
66%
29%
39
'<4 Ma J
j.
50
SS
19 %
'
19
7%
212 % Jun
Dec
Sep
Jun
No par
No par
39%
57%
7Va
19,800
32%
118%
67
900
15
32%
1%
95
93
101 Va
68%
7Va
2,400
321/4
HI
*65-■
102
1,100
177 %
68%
68%
*89%
70
*176%
m
102%
1,500
177%
X68 %
*101 Va
27%
135
13,000
101%
HI
45%
500
10%
IOV4
101
683/4
45
10
9%
200
1%
17%
96
2,900
331/4
68%
37%
23
10%
2
58%
American
Oct
29 %
30
1
Shares
33V4
33'/2
69
119
500
10%
10%
HI
58%
6,300
'
18%
14
88%
40
American International Corp
American Invest Co of 111—
Sales for
*67%
*318%
400
20%
154
36% Oct
45 y4
No par
Inc
common
non-cum
the Week
2
69
Ice
Nov. 7
68
143%
Home
American
Friday
2
68 %
American
600
14%
July 24
STOCKS
Thursday
68
143%
8,100
113
5
'
July
Oct
10
preferred
8%
700
Jan
61% May
113
Nov
100
Tiling
& Leather
24%
12%
Oct
Oct
20
Secur
19%
156 %
*18%
155%
Hide
6%
Jan
91%
12 Va
10
Co
Hawaiian
American
25 Va
43
*19
American
700
24
25
*23
132
*42
*128%
11%
500
100
38
12
72 %
Foreign Power com—No par
preferred
No par
conv
itf
Apr
Jan
8V4
25%
100
$7 2nd preferred A
$6 preferred
6%
82
5
10
40
138
*135
30 Va
29%
92
32%
11
*341/4
10%
100
101 %
20
157
10 %
14%
40%
%
10%
*32 Va
*176%
*39%
28
1301%
15
*19%
64
DAY
9%
1301/4
179
33Va
31
27%
14%
101
101
9%
*176%
15
177%
95
*94
95
34%
t per share
96
ELECTION
2,100
8
*8%
Nov. 6
23
11
94%
Nov. 5
23
130 %
83%
38
55
69% Jan
Oct
7
Amer &
PRICES
Wednesday
10%
1,400
40,300
$7
Oct
52%
7
No par
Lines
3%
24%
20%
Nov. 4
1 per share
Export
11%
*93
12%
111%
Encaustic
American European
99%
*54
8%
20%
American
*7%
24%
111%
Distilling
37%
100
21 %
23%
*32
*176%
BALE
123/4
*14%
Tuesday
28
28
28
*130
HIGH
8%
12%
97%
22%
23%
a
AND
24'/4
*93
23,000
American
83%
55
112%
20%
21 %
*54
14%
*12%
Nov. 3
Nov. 1
8 V2
1011/2
*95
12%
Monday
Saturday
24%
*£'%
8%
113
113
114
24%
24%
101%
*12%
14%
24%
55
*95
12%
*19%
*113
8
*8%
8%
101%
22%
8
24
24%
*8%
*95
8
*54
55
*53
*37%
8
8%
•
Oct
29%
18
Jan
100
preferred series A
American
J%
8
Oct
17% Feb
-100
Crystal Sugar com
4%% prior preferred
American Cyanamid Co com
3
7%
*;o
600
1,400
i
Feb
77% Jan
No par
Inc
Colortype Co
11%
38 %
7%
3%
3%
700
18%
Cable
conv
97
98
*16%
600
preferred
non-cum
Chain &
3%%
Feb
May 19
May 19
1
American
*9 4%
Mar
12 V4
81% May,
103
Aug
July 15
25
preferred
American Chicle (new)
7%
135
9
36
36
106%
24'A
Dec
22% Feb
34% May 16
Fdry com—No par
Car &
10614
94
90%
Oct
Mar
175
107%
23%
Nov
Jan 16
46
73
100
;
106%
106%
Sep
25
67
100
*106%
24
5
2
64
Nov
6
20% May 19
No par
com
*104
24%
8
1
American
American
18
10
Corp
Amer Cable &
2,buO
104
Feb
196
8% May 19
preferred
Can
Apr,
12% Nov
25
May 20
May 17
1
Note common
Shoe
cum
89%
8%
50
conv
Bosch
Brake
Nov
48% Feb
preferred——100'
common
Feb
33
104
3
5% May 19
Chemical_No par
preferred
American
109%
87%
cum
American Bank
Amer
177
Corp
20%
1
r et
24% May 19
50
No par
preferred
Petroleum
Agricultural
3%%
No par
Inc com
1
Leather Co
convertible
2.000
4%
88
100
preferred
conv
6
70
29% May 17
30
Jan 16
Alpha Portland Cement
24,200
11%
No par
Oct
Jan
44
99 % Feb 18
8%
74%
18
Jun
41 %
102% Aug 11
30% May 19
91
Jun 26
Amer
22%
164
60%
6% Feb
100
cum
1,000
1,100
Dye
preferred
49%
11%
110
4%
3% %
6%
65
11
No par
5
&
Jan
Sep
Dec
31 % Jan
May 19
-1
44%
24%
112
Allis-Chalmers Mfg common__No par
Amerada
*74%
106 %
*101
8
Allied Stores Corp common___No par
Amalgam
*22
177
*175
Jan
new
Mills Co Inc
400
54%
64
180
88%
*178
45
44%
65%
73 %
109%
103%
64
22'A
41
41 %
92
10
10
10% Feb
7
100
Inc
Chemical
2,100
3%
54%
*50
Industries
86
54%
83%
54%
Nov
Jan
38% Feb
Apr 14
18
:
40 % Oct
Aug 27
4
5
Allied Kid Co
189 %
10
*34 %
6%
104
10
preferred—
1,700
34%
*t»%
100
Allegheny Corp common
5% % preferred A
$2.50 prior conv preferred-No
Allegheny Ludlum Steel Corp_No
Alleg & West Ry 6% gtd
60
38
No par
common
12%
*34
*50
Air Reduction Inc
93
20%
ELECTION
5t>
*12%
*2014
31%
Feb
May 27
30% May 16
6
May 19
27% Sep 15
No par
—
Addressograph-Multigraph Corp—10
Admiral Corp—
1
*90%
21%
*99%
24%
12%
12%
*20%
32%
Oct
93
*90
12%
X20
100
May
Feb
13%
4%%
8,700
Feb
,.t80
30%
Inc
5,800
May
19
29
Alaska
3%
Dec
IBS
Nov
18% Oct 20
Aldens
39%
9i
Oct
8
13% May 19
1,100
70
Apt
105%
July 28
_1
3,400
3%
t per share
10
4%
95
*69
Oct
110
0. va
Co
Steel
18%
39
70
7
4
7
6% May 21
43% Apr lg
& Vicksburg Ry
Juneau Gold Mining
4%
*92
10% Feb
Jun
90
87% Jan
Highest
$ per share
2.50
Alabama
106
18
39%
*69
32
92%
4%
95
39
39'A
71 VB
900
7,400
*100
19 Vb
*92
95
40
39%
*69
4 Vb
19
7%
28 %
7%
106
*100
106
*92
7%
27%
27 3/8
7%
4* 2!
$ per share
66% May 20
Co
Adams-Millis Corp
2,600
$ per share
Lowest
No par
No par
Straus
Motors
Highest
Express
Adams
28%
&
ACF-Brill
Year 1946
Lowest
Abbott Laboratories com
17%
59
Range Since January 1
Par
58
58
Range for Previous
STOCK
EXCHANGE
Abraham
95
7%
NEW YORK
Shares
$ per share
$ per share
73
Sales for
Nov. 7
*80
741/4
*80
1
7%
STOCKS
Friday
Thursday
Nov. 6
% per share
73%
80
13
62
140
Nov
7
41% May 17
XllG% Oct 10
12
May 19
26% Jan 16
90
May 23
68% Jun
5
5"% May 19
46% Jan 16
14% Apr 15
99% May
100% May
174
July
48% Oct
78
May
116% Sep
13% Oct
121
18% Feb
8
50% Oct 20
13
103% Feb 13
10% Jan
6
110% Feb
1
51
Oct 30
Oct
120% Aug 12
38% Nov
107
76 Va
800% Jun
150
69% Apr
7
Oct
163% July 23
58 Va Jan
3
May
2
30% May 19
45% Jan 15
62
•73
Sep
Jun
7u%
Jun
Dec
182%
Jun
Dec
106%
Li?
100%
87%
Jun
28%
7
Sep
16%
64
Deo
•0
Nov
81%
60%
Jan
5
35
71% Oct 29
Jan
4
41
Sep
38
1113/4 Mar 10
58% July 7
108
Sep
Dec
62% May
*114% Mar
43 V4
Jan
15%
O-*
*64% July
May
Mar
20% July 24
;;A
Feb
Oct
42
I
Jan
May
■A
14
(1898)
•
THE COMMERCIAL &
YORK
NEW
FINANCIAL
STOCK
CHRONICLE
Monday, November 10, 1947
RECORD
STOCKS
Saturday
Monday
Tuesday
Nov. 1
Nov. 3
Nov. 4
S per
share
"11
13
"5
$
$ per share
share
per
13
*11
Friday
Sales for
Nov. 6
Nov. 7
the Week
$ per share
Sper share
Wednesday
Thursday
Nov. 5
$ per
share
*11
13
*11
13
*5
*4%
5%
4%
4%
37%
38%
37%
38%
*37%
14%
14%
14%
14%
13%
14%
13%
110
109 V2
109 %
109%
109%
51 %
51 %
50%
50%
110
51V2
51V2
*99 %
99%
99 %
99 %
15 »/4
15%
14%
14%
109
99
99
Andes
5%
5%
400
38%
38 %
1,000
14
13%
14
109
98%
*14%
15%
*14%
49%
A
S8%
id
15%
15%
Products
Co
&
300
$3.75
Arnold
Constable
13%
13%
14
14
14 Va
14 V2
14%
15%
15
15%
8,500
Artloom
15%
15%
15%
15%
15%
15%
15%
15%
15%
3,000
Associated
109'/a
113
112
112 '/a
111%
112
111%
112
109%
108%
108 %
108%
108%
108 Va
108 '/2
112
*107
110
113
103%
29 %
29%
81
81
102%
15%
15%
50
50
*28%
30%
*70%
75
36%
36%
*110 %
110%
29
29 %
29%
81
102 %
15%
29%
81
81 %
102
102%
50 %
15%
50%
6%
2d
*28%
29%
75
*70%
75
36%
37
50
36
110%
110
50
36%
109%
36
109 %
97%
97%
97%
97
■
97%
23%
23%
23%'
?1U,
*23
66%
*66%
67
66%
116 %
*115 %
117
*115 Va
*24
27%
7%
14%
20%
*18
20%
18%
5%
41%
*24
7
7
*14%
*49%
50%
28%
*28%
30
*70%
35%
36
3,600
*109%
110
4%
380
*24
2,500
65%
400
115 Va
70
21 VB
*24
7%
400
900
19%
20%
20
20 %
20
20
18
17%
17%
17%
17%
17%
17 Va
1,400
5 7
5%
8
ELECTION
DAY
42
*41
5%
40%
5%
110
Sep
25
132% Feb
4
124%
Dec
153
108
Oct
14
134
May
4
125
Dec
148
May
121
May
Fe
29^,
Oct
17
34
Sep
99
Jan
2
78
May 28
112
Feb
10
100
Oct
10% May 19
18% Feb
15
13
40%'May 17
59
Feb
13
23% Jun
34% Feb
15
RR
-No par
ICO
.62
Canteen
Co
5%
14,700
41%
500
$2.25
22
-25
31% Apr
15
A__iOo
107% Jan
15
100
96% Nov
7
B
5
21% May 19
57
—
Babbitt
(B
Locomotive
of
Jun
2
Oct
45
125
Jun
29% May
Sep
83
Jun
26% Dec
49% May
68
Dec
94
8
31
Nov
22
105
Mar 29
39% July
113% Sep
Nov
May
51 % May
130%
Jun
105
Aug
8
26% July 24
Apr
18
73
22
121
Oct"
22%
July 28
X53%
9
114
Nov
Apr
97%
Nov
july
34%
Jan
135
Jun
22% Mar 11
25
Sep
*0%
Aug
10
10%
Nov
25%
Jun
18% Feb
18
16%
Sep
29% Jan
29
18
Nov
23% July
37% Jan
17% Nov
Amer—5
30
12% Feb
19% May 14
common.__3
27% Jan
5% May 16
13% May 19
__No par
preferred
77
113% Apr
No par
(The)
4
Jan
Aug
32%
Oct
-
5 %
36% May
30
Nov
Nov
5
May 19
common—..No par
Corp
Dec
12
66
5c
conv
Feb
18%
100
Co
Mfg
May 17
com-100
100
*40%
Feb
100
No par
5%
July
May
112%
100
Corp
Automatic
65
Nov
Co—
common
40%
Avco
13S
Sep
4
preferred
5%
18% May
Sep
1U2
<«
13
series
40%
41
f)ec
■
Jan
prior pfd ($1.20)
Autocar
Sep
42%
100
Line
CtsO
Feu
*■»
17% Feb
10
Nichols
Conv
10 Va
112
7t>
10^4
*
20% Feb'13
-
conv
Austin
200
20%
18
4%
Nov
14
-
$3.75
Atlas. Tack
7%
15
*14%
19
Sep
4%
26% Mar
Sep 22
10% May 19
preference series
conv
Atlas Powder
27%
*7
15
17
13%
Highest
$ per snare
conimon__:l
Atlas. Corp
*7
*14%
Feb
8
14
10
Preferred
65%
110
.preferred
Refining common
240
114
6
non-cum
96%
66
98% Nov
5
Atlantic
23%
21
24
7
Atl G & W I SS Lines common--1
Atlantic
15% Oct
130% Jan
No par
& Santa
Coast
15
Jan
800
5%
29
$ per share
21
55
200
:
Jan
6% Feb
10
Inc
F
96 %
117
7
T
23
110
65%
15
A
75
*115 VB
27%
7
*14%
15
*20%
5%
41%
27 Va
*24
7%
15
66%
117
2,500
16
39% Oct
103% Sep
38V4Jun
No par
preferred
15
17
29
9% May 19
No par
common
Topeka
5%
97
97
23%
66%
15%
New
Atch
Apr
Lowest
No par
Corp
Investment
23%
97%
23
*115%
1,100
75
36 %
103%
1,300
3,600
15%
50
28%
*70%
29%
81
80
102 Va
Sep
3% Jun
30
5
com
com
Dry Goods
preferred
preferred
1st
1%
80
103
29
LI
102%
15 Va
15
50%
28%
*70%
28%
29
80%
102%
15
15%
29
81%
102%
/_5
Corp.
Associates
102%
$ per share
12
No par
Illinois
01
Year 1946
Highest
$ per share
20
Inc
Cork Co
preferred
15%
*112V2
Co
Armstrong
500
15%
Mining
$6 conv prior preierrcd
1,000
99
W
Armour
700
49 %
P
Copper
Range for Previous
Range Since January 1
Lowest
Archer-Daniels-Midland
22,000
10)
49%
STOCK
Par
13
28%
103%
x43 %
YORK
EXCHANGE
Shares
5%
51/2
38%
"37%
*11
NEW
27% Jan
27
7% Feb
8
7
4% May 19
—No par
39
May 16
49
Feb
1314 May 27
16
May
14% Nov
8
15% Oct
6%
41
32%
Aug
Nov
14%
Feb
Oct
83%
Feb
38%
Jan
B
*15
15%
15%
15%
15%
15%
15%
15V4
15%
15%
1,900
*15%
16%
16%
16
16%
15%
16 Va
14%
151%
15%
18.000
Baldwin
11%
11%
11%
11%
11 Va
11%
10%
111/8
11
11%
18,900
Baltimore
17
17 %
16%
16
16%
16%
16%
4,400
*13%
141/4
13%
13%
200
66 %
*64%
66 %
17
17%
13%
13%
*13%
14%
65
65
*66
66 %
*47%
25
*50
33 Va
13
€4%
48%
48%
48 %
47
47%
46
45
47
47
25
25%
25 Va
24%
24%
*24
25
24%
24%
50%
*50
50 %
33%
33
33%
13%
23%
*44
44%
98
*1.9
20
*100
102
*7%
8%
34
*33
31%
31%
*50
12%
13
1,900
*23%
24
600
Bayuk
44
43%
43%
*42%
44%
600
Beatrice
*95
98
*95
98
19
19
*18%
19 %
1,000
100%
410
Beck Shoe 4%%
700
Beech
Aircraft
100
Beech
Creek
98
*95
*43%
*96
19%
*19 Va
8
34
100
77/a
*33
31%
31%
19%
100
8
*33
98
19
102
*100
8
100%
7%
35
*33
31%
2,100
Beech-Nut
17
16%
17
16%
16%
1,500
Jb
14%
103
13
23%
104
%
*23
104
32%
33 %
32%
32%
317
24%
24 %
24%
24
24%
24%
25%
25 %
92
*88
25 %
lj Va
*85
*22%
*102
32
31%
25%
24%
25V2
25%
91
*85
IJ
20
25
&
Bencux
21,300
Beneficial
Cum
26%
26
%
25%
26%
26 %
26%
2,700
Eeri;
&
31%
30%
30%
30%
30%
5,600
Best
101%
x97Va
98%
141%
141%
141%
141 %
*61 Va
15%
144
62 %
*61
15%
15%
62 %
15%
LOW
AND
HIGH
SALE
*61
15%
Monday
Tuesday
15%
Nov. 3
Nov. 4
Nov. 5
31%
share
9 per share
31
*30%
99
Bethlehem
25,300
141 %
62
15%
15'/a
600
62
15%
Thursday
7%
100
Friday
Sales for
Nov. 7
9 per share
I per share
31 Va
31%
31%
31
31
400
Black
&
15%
16%
15%
16
15%
16
5,700
Blaw-Knox
31%
31
31
31
31
1,900
Bliss
55%
55%
55%
*34%
37
20%
17
*34%
37
20 3
19%
36%
36'/2
96
96%
52%
52 %
52 Va
*27%
28%
27%
28'
43%
44
43 V2
43%
51%
51%
*36
8%
*81
4
36%
8%
85 Va
I»G*/2
*36
95%
*95
*95%
9'7
51%
27%
43%
51%
94
3%
37
8 %
8%
6'%
85%
*81 '
36 %
500
Bon
96 %
160
51%
5134
190
27%
27%
2,500
433
A3 %
44
4? 34
2,600
Borden
5,900
203
*3%
4
*33.,
4
300
Boston
&
36
"35%
37
500
Bowe.r
36
8%
8 %
8%
8%
Co %
*81
85 v8
8 %
85 v8
12%
12%
12%
12%
12%
12%
4,600
33%
33%
33%
33%
33%
33%
29%
3,900
29%
29 %
29%
29%
30
39%
39 %
39 %
35
38%
33%
35%
103 Va
*101 %
33%
35 %
102%
102%
17%
17 %
18%
*102%
103%
102
23
19%
124
103
103
18 Va
17%
18
34
18
*33
33
33
*33
33%
102
17%
*33
34
37%
1,600
36%
*3614
36%
36%
36%
96
*93
96
92
92
*90
19
19
*
20
20 %
*18Va
e
7%
83
7 Va
7%
83
*82
1934
*86
15 Va
7%
•82%
91%
88
15%
7%
83
12%
12%
12%
12%
96
95
95 Va
94
95%
3%
20%
31%
3%
3%
*3%
20%
19%
102 %
20
*101%
101%
26
*25 %
25%
3%
101% Nov
33%
19%
*89%
93
*89%
93
*86
88
*86
7%
82
15 y4
7%
15 Va
7%
12%
12 Va
12%
94%
95
95
102 %
101%
101%
25%
30
25%
25%
25%
25%
600
*30%
31%
54
30%
55
*54
2
2
2
2
2 Va
2
7%
7%
7%
7%
7%
7%
7 /4
30%
30%
30%
31%
7%
30%
30%
7%
30%
15%
15%
15%
15%
30%
15%
30%
15%
15%
15%
118%
118 %
15%
120
44 %
45
118
119%
46
20%
*19%
20 Va
*19%
20
10%
10%
10%
11%
10%
11
For footnotes see page
24.
11
44%
45%
53
2Va
1}"... 1191/2
ITo7 ?!L
*9
7
10%
10%
*52
2
30%
53
Oct
30%
Feb
18V4
Oct
33%
Jun
41
Apr
56 Va Oct
10
37%
Sep
58
Jun
14
May 17
18
16
14
41% July 23
1,600
80
Oct
24 Va Oct
Sep
66% May
Dec
35
Oct
34
Feb
16
5y
if
95
Sep
26
116
Jan
8
101
Sep
50% Oct
20
67
Jan
9
52
Oct
35% Feb
7
27%
Nov
25
May 19
38% May 21
37% May 19
Nov
94
5
3% May 19
5
49% Jan
Aug
Nov
18
42
Feo
187/e
34
15
9
73%
112
Mar
Jan
Apr
69 %
July
48 % May
42%
Sep
55
Oct
15
36
Nov
61%
Jun
102
Sep
10
99
Dec
107%
Aug
6%'Feb
3
4%
Sep
11%
57%
Apr
Jan
May 20
8
39% Feb
1
30%
Dec
35'/a
Dec
Sep
32
3
13% Feb
21
12
Dec
34%
Jan
72
Jan
Feb
23
42%
Jun
Co
.15
Shoe
__-100
,
Co, Inc
(The)
Forge
33% Nov
Bros
Butte
3
13% May 19
20% Oct
14
14
Sep
30
120
Jan
Jan
2
97/a
Oct
22'/a
Jun
Oct
99
Jun
37% Nov
7
25%
Oct
45%
102% Apr
23% Feb
U
38 Vt Feb
1Q
22% Feb
104% Feb
17
16% Oct
15
95%
Nov
5
14% May 19
26
May 14
80;
May 19
84
Jun
,1
10
common
preferred
Copper & Zinc
100
4
12% May 19
•
May 19
6
72
•
Jun
6
11% May 19
94
Nov
5
—5
3% May 17
Co (A M) common—No par
Participating preferred
100
Byron Jackson Co
No par
13% May 19
94% May 22
19
May 19
California Packing common, jNo par
5% preferred
50
24% Apr 28
52
Sep 30
Byers
Campbell W & C Fdy
15%
3,200
*117'
120%
*44,/2 46
19% 19%
210
200
1
—
95% Jan
8
16% Oct
23
9% Feb
8
Jan
22
24% Feb
7
88
108% Jan
6
4
Nov
Dec
467/a
Jun
59% May
26% July
111
Mar
84% Dec
119% May
97
Dec
102% Aug
13
Nov
6% Nov
75
Oct
20% Nov
105
Sep
21%
Jun
15%
Jan
98
May
39% May
110
May
Feb
10
Oct
9%
Jan
221/4 Oct
23
15
Oct
35%
Feb
Jan
3
99
Oct
27% Oct
6
19% Nov
104
4%
18
27% Deo
Jan
29
53
Oct
3% Feb
8
3
Sep
32% Sep
X55
112% July
40
May
47%
58
Apr
Apr
7%
Feb
Jan
6V4 May 19
8 V4 Feb
7
6%
Oct
12%
21% May 19
34% Oct
22
20%
Oct
40% May
-
Ry
May 14
Mar 12
33
Feb
108% Mar
5
Can Dry Ginger Ale com
1.66%
$4.25 preferred
No par
Canada Southern Ry Co
100
' Canadian Breweries Ltd-——No par
Pacific
2
100
18
96% Deo
18% NOV
No par
Calumet & Hecla Cons Copper
Canadian
Apr
70%
92
No par
•
38 Va
25% May
130
Feb
7
100
.
45% May
110% Mar
18
14
May 19
95% Jan
2
preferred—100
May
Apr
Apr
14% Feb
100
—
387/a
86V4 Feb
100
preferred
Sep
Sep
Oct
20% Or*.
70
115
Dec
25% May 20
__5
,
124
103
95
15
May 19
9
72% Jan
100
Inc.
11
120
No par
3,300
1,600
Oct
7
1
7%
31%
Jan
Nov
30
4%%
-
25
27% Feb
Co
preferred
Butler
35%
105
36 V4 Jan
No par
—
5
63
106 Va Apr
100
preferred
3
28% Feb
25% Jun
No par
common
2n.d
2
109% Apr
6
5
—
conv
Jan
7
101% Oct 20
20% Sep 10
15
No par
Co
6
Nov
Oct
No par
common
common
Co
96
17% Nov
102
No par
preferred
preferred
85
2.50
common
preferred
Union Gas
32
100
9
14 Va May 19
May
10
Callahan Zinc-Lead
32,100
28% May
26
46
31% Feb
2,200
11
15%
10
23% May 19
2%
10%
6
10
5
Stratton
Burroughs Adding Mach
Terminal
270
900
1,100
2
Jan
33% Oct
36
Nov
No par
&
Bush Term Bldg. l7o
2,700
3%
Highest
$ per share
x20% Feb
May 21
31
J an
Bush
80
19 %
$ per share
20%
3%%
400
94
share
53 %
3%%
4,800
83
share
13% Sep
30% Oct
4 F/o,
100
7%
83
$ per
Lowest
18l/2Mayl9
Co
Watch
15%
82%
12%
Apr
12% May 19
Burlington' Mills Corp common—1
60
88
15 V3
Mar
83 Va
3
Buffalo
800
3%
*45
168
Nov
11
$5
5,400
19%
*19%
Deo
53
85%
-1
100
Bulova
33%
93
3%
31%
143
Year 1946
Highest
$ per
1
Co
19%
30%
Nov
31% July
114% July
5
Bullard
19%
*97%
Aug
52% May
25
BuffNiag El Corp $3.60 pfd
3%
54
23
136% May
No par
100
*18%
31%
3
18% Jan
100
__No par
300
:
*101 %
20
101%
55%
30%
18%
98
12%
102%
26
*18%
19%
91%
15%
19
33%
98
*96%
93
88
18 %
33 %
98
98
15%
92
20%
*96%
*90%
37%
*90
19%
98
93
*86
37%
92
34 Va
*96%
15%
36%
34 Va
*90%
*117
76'/2 May 19
Feb
27
$3.60
350
54%
22
Jan
Brown
9,800
*30%
29
18% Feb
Budd
11%
76%
26
32% Oct
40% Feb
124
124
11%
3%
19
6
*123
*122
76
*20
19% Apr
36% May
112%
10
Bucyrus-Erie Co
r/o
preierred
11 %
*101%
297/a Nov
Oct
8,000
76%
96
21
May 17
19
11 %
12%
Sep
Dec
35% Jan
30
19
7614
*7%
24%
06%
25% May 17
12% Nov
19%
11%
Apr
6
7
17
2.50
18%
76%
Jan
28% Jan
14V2 May 19
Inc
19%
11%
Jan
58
No par
Bruns-Balke-Collender
76%
112
Oct
No par
Brooklyn
100
12
37
Dec
Range for Previous
Eearing
20
34%
25% Nov
Apr
28% May
35% Jan
Oct
103% Feb
(absented > .100
1,000
77
88
RR
22%
102%
11%
20
Maine
103 %
34 %
9,
20'
28%
23
Oct
92
15
22%
19%
17% Sep
21 V'e May
Oct
15% Nov
16%
102
Mar
30%
3
common
*1023/4
34%
7
27
ccmmon
23
34%
39% Feb
15
No par
22%
19
7
Lowest
A
102%
124
6
2
Jan
Feb
Brass
&
23%
18%
18% Jan
24% Jan
106% Aug
May 17
28
5
103%
*122
14
2
16% May 19
103
2.50
23 %
124
10% May 21
18% Oct
Jan
Inc
*102%
19%
19%
*122
12% May 16
Range Since January 1
Co
23 %
23
19%
■
Nov
No par
3%%
3,800
11
*82
Feb
11
66
Co
Corp
Bristol-Myers
200
17%
12%
15%
104
17
Briggs
4,600
102
76%
*86
2
Feb
6
No par
Airways
*
12
20
Jan
39% Mar 31
STOCK
103 Va
*102%
110
12
40
SOV-jJun
No par
Co
May
118% July
Brewing Corp of America
Bridgeport Brass Co
Briggs Manufacturing
700
76%
36 Va
22
73
Sep
Nov
b% May 27
150
preferred
cum
Braniff
100
a
29%
*93
Oct
46%
111
3iy2Mayl6
19"
(The)
Co
3%%
2,100
34%
19 V*
100
46% May 20
common..---
Inc
Roller
37%
4
*122
2
31
No par
.
class
Borg-Warner
4
33 3
*22%
Jan
com—No par
Brothers
Stores
51
29%
34%
62
No par
96
29%
18 Va
Nov
Jun
20% Aug
7
1081/4 Feb 15
23%c
B
50 %
12%
103 Va
Feb
24%
110% Jan
1946_Nopar
preferred
Co
Ami
Class
"94%
50 %„
34%
*33 %
39%
Oct
12
10
Carpet
Laughlin
96
50
29 %
*39
(Del)
Airplane
*93%
•
12%
12 7
Dec
21%
29
com__Nopar
of
ser
Aluminum
Bond
34
12%
18%
7
Oct
1
Loan
Co
conv
&
Bohn
51%
3%
85 Va
8
Feb
10
Co
Bloomingdale
Boeing
27%
43%
50%
37%
*81
95
Eliss
300
4,800
27%
28
94
19% Feb
24
100
YORK
W)
'E
$2.25
*50%
51%
DAY
4
*36
17%
20
3o
*/2
300
36
19 %
37
51 %
*3%
*17
*34%
19%
95
50 %
17
19%
ELECTION
a
55%
36
*347i
20
36%
96%
*52
*93%
17
37
19%
36 Va
95
17
*55%
*34%
a
17
18
1
common
Decker Mfg
31
17%
May
Sep
Par
16 Va
*17
May
31
May 19
Shares
32
17%
57
Sep
Aug
41%
18
EXCHANGE
16%
*17
Oct
21
Jun
64%
Dec
97
No par
Electric
NEW
31%
55%
48%
5
88 %
Apr
1
the Week
16%
55%
9
34% Nov
Sep
25%
1
Birmingham
31%
55%
54% Jan
15
5
Steel
16%
55%
27
66
36%
100
preferred-.
31%
*55
Feb
5
6
28% July 28
69
50
Co
Bigelow-Sanford
1,100
Nov. 6
9 per share
31%
50
20% Apr
xl2% Sep
Feb
5574 Jan
STOCKS
Wednesday
Nov. 1
$ per
98
140 %
62
6
42
App Inc com
PRICES
Saturday
9 per share
V
13
Nov
100
Foods
99%
101 %
8
Jan
2.50
Co
Jan
Jan
May
May 19
25
common
Nov
46
Jun
pfd
17%
18
18
Co
31
99 7
60
,
1
Corp
Indus
32
*141%
*3%
30
preferred
Corp
pfd $3.25
26%
62
*93%
1?% Oct
RR—
Bendix Home
1,300
92
31%
144
95 %
8
Aviation
31%
*141%
*36%
16% Feb
preferred
26%
100
19%
9% May 19
Inc
Howell
4%%
4,000
251/2
common—50
No par
conv
Aircraft
Bell
200
32%
47%
..um-nemiiiway
Bell
V2
23%
104
Oct
Corp
Packing
26 %
99%
31 VB
a
25%
92
13%
231/2
*102
30 Va
18%
--5
Co
Mills,
31%
33%
15%
cum
Beaunit
31%
23%
*61
7%
Oct
7
-50
Works
Foods
3%%
33
11
25% Feb
Cigars Inc
31%
33
25 Va
7%
32
Iron
31%
23%
105
*88
*99
7%
34 %
Bath
31%
23%
23%
*104
*99
1
llVsMayl7
Co
13
14
31%
Oil
23 %
44%
44
8
16% Feb
preferred
Barnsdall
12%
14
93
4%.%
10,400
23%
14
25
50 V2
33 V2
24% Feb
Barker
12%
14 %
26 V2
500
7
6
7% May 17
Conv.
5%
preferred
100
Barber Asphalt Corp (Delaware).10
Brothers common
10
1,400
23%
14 Va
*90
3 3 '/a
13
100
100
Aroostook
12%
16%
*24%
*50
33%
&
23%
17 Va
23%
50%
33%
1
Works
common
preferred.-
Bangor
80
Inc.—
Ohio
13
16%
105
*50
34%
4%
&
23%
13
*23%
17%
*23 %
*64%
50%
33%
17%
*104
*13%
66
*23%
*96
17.
14%
T)
-—-25
12% May 13
17 % Feb
10
12% Nov
18
July
May
Feb
10
113
NOV
147
1
48% Feb
18
43
Oct
58
Jan
29
25% Feb
20
24
Dec
25%
Deo
9% Mav 17
15% Feb
13
11%
Oct
22%
Feb
116
Mar 15
42%; July
18% Sep
132
•"TT
Volume
166
Number 4645
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1899)
r
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 1
Nov. 3
SALE
Nov. 4
$
per
"69%
share
9 per
share
70%
70%
912%
13'A
*12%
56%
*55 Va
9
9
56 Va
*108
110
31%
9108
31%
A'
42
19%
*43
*41%
42
41%
58
42%
57%
42'A
42 Vu
143%
144
$3
~50
30%
1
1
id
i <>
42
41
41
18%
18
18'A
43
7'A
42%
144
Capital Admin class A
42
9
IVA
43%
42
7'/4
200
6,800
7%
143%
500
6,700
143%
57%
56%
56%
57 Va
57%
1,700
25%
26
25'A
25%
25'/a
25%
12,300
105
105
105
105
142%
27%
140%
140%
140
140'A
27%
28%
27 Va
27:/a
27 Va
27%
1,800
20'A
*20 Va
20%
104%
9139
104%
140
20%
20'A
20'A
20'A
19%
19%
19
19
18%
18%
18%
18%
4,700
98%
8%
8%
8%
2,000
8 Va
8
8'/a
7,400
8%
8%
8%
85 '/a
9
8%
8
8%
109
85%
8 7'/a
Via
7'A
8
*14%
8%
8%
♦103%
87%
*7%
8%
8'A
8%
111
14'A
13%
*
9
ELECTION
111
8
9110
84%
V/4
111
9110
111
983
85
82
82
86%
7'A
DAY
7 Va
13%
14
14
13 %
11
11
10 '/a
11%
910%
11%
26'A
25%
25%
24%
25%
lL'Va
18'A
18 Va
18'A
28
*23%
926%
24'A
*105%
17%
27%
24
24 Va
106
>105%
*13%
7%
13%
13%
11
13%
910
11
24%
28
927
43%
44
%
43%
43%
43 %
43%
95
95
95%
%3%
943A
94
94%
4
8%
9
%
4%
•10%
11'A
*5%
9
5%
5%
*3%
100
9,300
Belt
Co
No par
preferred
94%
43/4
900
8%
8%
8%
1,200
8%
8%
8%
9,500
Chicago Corp
5%
5 %
1,600
9%
5%
4'/8
5%
8'A
5%
5%
10
10
10
5%
53%
9
5%
53%
600
3%
3%
3%
93%
3%
5%
200
8%
111
Ind
Class
31%
57'%
11%
12
17%
175/a
18
917%
5'A
64%
62%
63%
27
27
27
27
106
*101
106
45
33%
2 4'A
45%
33%
10
33%
10 Va
•83
*9 'A
86
16%
♦83
16%
32
32
*32
•165
189
*165
♦90
95
40
39%,
♦
H 0 CO
32
9
44%
37%
146
39%
109
32
32
37%
AND
HIGH
$
37%
SALE
per share
$
per
63 %
ELECTION
45
190
96
29 Va
28%
91300
20%
21
16%
16%
15%
18
18%
11 'A
911%
12%
12
12
910%
120
45 %
a
4
37%
9141%
17
4,900
38%
500
3734
2,600
143
20
Friday
96
$ per share
63%
63%
63%
70
43 %
"45%
4434
3,900
3,100
Colonial
16 '/a
8,400
Colo
18 V2
18%
13 %
18%
1,000
911%
12
11%
11%
40
12
91134
12
11V8
1134
260
910%
12
910%
12
25
700
12
19,200
47%
48
47%
102
*101%
42%
48'
*101%
102
23 VA
23%
14%
23'A
23%
3%
3%
3%
110%
23
3'A
110%
110 VA
27%
28
31
28
32 34
5%
24
23%
1053/a
18%
18%
*11%
28'A
27%
36 34
14%
43
78
46%
102%
223/4
3 Va
36%
14'/a
73%
42%
23'A
110%
37
14%
9
11%
3
14%
9
^
42%
900
46%
46%
3,200
102'A
102%
520
46%
103
23 Va
23 Va
3Va
109%
110
3
23Va
4,300
3VB
59,400
109%
109%
1,300
27%
2 7'/4
27%
1134
13,400
11%
11%
11%
1.000
30%
31V*
31'A
18
32%
5%
Co
(The)
preferred
Mills
Fuel &
5%
cum
Colorado
4%
conv
&
non-cum
2,500
29,400
2,600
17%
17%
17%
17'/4
911%
14%
%
14%
34%
35
52%
14%
35'/a
110
109%
109%
42%
43
42%
97
97
14%
14'/a
95%
95%
109'A
14%
98%
9
42%
97
14%
34%
35'A
102%
102%
102%
101%
102'A
11%
11%
11%
11%
11%
113/4
4
49%
Columbia
Gas
cum
$3.60
9%
9
49'A
48%
35%
103
110'A
42
96
96%
560
3,100
110
14'A
2,300
95'/a
97%
100
341%
9101
12
50%
9%
9
35
8,700
103
500
12
51
1,000
1,800
9%
9,900
48%
4,600
163/4
16'A
16%
49 Va
16
48%
16'A
243/4
24%-
24 Va
15%
15%
24
915%
25'A
16'A
600
52'A'
23%
24
52
52
24'A
24%
1,900
51%
51%
51%
52
47
14%
46%
48
14%
14%
*143/,
143/4
*46%
48
47
15%
For
15%
footnotes
15%
see
14'A
'
14'A
"
15%
page 24.
14%
*46 Va
48'/a
14%
Nov
Jan
36% May
60%
165
Jun
May
$6
&
15
14 Va
9
14'A
46%
48
14%
14 Va
9
14%
170
1,100
50
1,700
141
Conde Nast
33
$5
18
56
Jan
2
105 Va July 25
7
46
Oct
61'A
Deo
42%
Feb
200
Feb
69 Va May
Feb
10
60% July
x99
Deo
37
Oct
63 Va
Oct
23%
110
Aug
Jun
22% Oct 23
Aug 25
12
11
May 22
May 17
18
Oct
22
10%
Jan
48
Apr
16% May 19
8
Apr
19
32% Jan
10
10
Apr
18
l23/4 Oct
14
No par
Co
30% May 28
39% Aug
22% Feb
6
common—No par
w
N
20
Dec
29
86
Mar 21
78%
Deo
39% Apr
28
50
Feb
13
36%
48% Oct
23
36Va
3
103%
May 19
101% Oct
31
,115% Feb
20 Va May 19
com—No par
2'A May 19
26% July
4
7
7
Jan
2
36% May
106%
Apr
Oct
50 %
Aug
Oct
59%
Jun
Deo
Ncv
2% Jan
111
123
July
32% May
5% Jan
132
109% Oct
3
123% Jan
29
--25
27% Nov
7
33% Jan
2
Sep
29'A Sep
8% May 16
14% Jan
2
12'A Nov
23% May 19
32% Oct
23
24 Va
Nov
40% May
30
35% Feb
11
33
Oct
65% May
10% Feb
Co
par
—No par
Nopar
Corp—_5
Apr
14
4% May 19
com__No par
x22.% Nov
105% Nov
40 Va May 19
Cuba 6%
pfd
Consolidated
Retail Stores
Consumers Power Co com
$4.50 preferred—
__1
100
Inc.—.1
No par
Nopar
Container Corp of America
com__20
4% cumulative preferred
100
Continental Baking Co.com—No
par
$5.50 preferred
Nopar
Continental Can Inc common
20
$3.75
preferred
Continental Diamond Fibre
Continental Insurance—
Continental Motors—
;
Continental Oil,of Delaware
Nopar
5
10
l
l_5
11
.
7
3
24%
Oct
105%
Sep
109%
17% Sep
13% Nov
23%
42% Jan
60
33%
47
Jan
32
Aug
20% Feb
~
13
15 % Feb
Apr 29
10
2
54'% Jan
10% July 30
17
May 19
30
6
14% Nov
16% Sep
12% May 19
34% May 19
-
Feb
7
17
38% Feb
109.'/a Oct
7
32.% May 19
97
Nov
5
13% May 27
95% Nov
34
6
Sep
29
101% Nov
5
9
May 17
'May 20
6% May 19
35
Apr 14
44
Jan
6
114% Feb
6
Feb
24
48
20% Feb
106% Apr
10
9
44% Feb
8
110% July 30
13% Feb
7
54'A Feb
3
46
Oct
54 Va
22
Sep
109%
Jan
53%
Jun
101
33% Sep
103%
Nov
Apr
8% Nov
July
113% Mar
18%
Feb
46% Nov
63
Ja,n
Oct
24
Jan
10
Oct
Nov
20% Feb 33
May 16
12 Va Jun .27
115% Mar
Feb
33%
17
1
Jan
12%
15
12% May 17
50
,43
Deo
19
27% Oct 23
53
Mar 25
17% Oct
6
55
Feb
5
Convertible pref 5% series
Cornell-Dublier Electric Corp
APT
May
Sep
Feb
19
,_5
25% July
35%
8
23
14% May 19
—Nopar
*111
Nov
12% Feb
50% Oct
12% Apr 14
common
Feb
Jan
104% July 31
14
'
36
3
17% Mar
Cooper-Bessemer Corp com__Nopar
Corp
Sep
Feb
7
11% May 21
15
Oct
Jun
18 %
29% Feb
7
Corp—_1.33%
5
5%
Feb
36%
108% Mar 26
5
No par
$3 prior preferred
Copperweld Steel Co
19
Jan
Nopar
Y
Grocers
Steel
3
Sep
36
loo
Edison
of
32'A Nov
Nov
70
—No par
South
12%
14
w__No par
preferred
Continental
May 19
May 17
■
6
65Va Jan
23
Publishing Inc___No
Edison
191% Nov
1155
Highest
$ per share
Jan
Congoleum-Nairn Inc
Consol
May 19
x61% Jun 10
1140
May 21
$ per share
130
Jan
preferred series
Commonwealth
$ per share
94 34 Nov
preferred
Commonw'th
Year 1946
Lowest
Highest
14
Consolidated
51%
52'A
14 Va'
Sep
39%
152%
No par
Electric
Commercial Solvents
Consolidated
24%
*16%
Feh
$ per share
Columbus & Southern Ohio Elec__10.
Commercial Credit common
_10
300
-♦51%
'
154
6
8% Sep
&
preferred
1,400
5,000
14
9
50
9
34%
9101
12
53%
41%
9
11%
49%
9'/4
48%
243/4
6
7
48% Mar
10
Jan
Coppermines
5%
22%
105%
102 VA
9%
Nov
47
Consolidated
5%
22%
*11%
49
Jun
47
Cigar
97
49'/a
May 21
37
142.
38
800
•
Ju f
Fft
393/4 Mar 12
Oct
800
9 %v
44%
32
Oct
14%
48
62
Dec
Nov
351%
49%
Apr
Feb
19%
27%
14%
493/8
106
56%
3
20
35
493/4
9%
99%
18
4
Consol RR of
"
22
Feb
24% Feb
21
6,800
9%
Jan
57
16% Feb
2,700
49%
101
16
32% Jan
12%
49%
23
Oct
2.50
22%
3 5'A
Oct
45
cl A—2.50
11%
35
Jan
75
153/4 May 19
8
May 20
22% Apr 16
Columbia Broad Sys Inc
Class B—
22%
35
113%
108% Mar
Feb
11%
34%
Sep
Jun
Jan
Consolidated
105'/a
"95
Jan
109
106
39
22%
98%
3
Sep
22
*94'/a
Mar
13
23
983/4
4
35% July 28
11
22
*94%
115% Feb
17% Feb
2 3'/a
'
Jan
9% May 15
300
22%
9
109
26
preferred
23
14%.
108
100
1st
23%
97'/a
Jan
2nd preferred—100
non-cum
22%
43%
Feb
105
Jan
Laundries Corp
Consolidated Natural Gas__
Consolidated Vultee Aircraft
14%
28
27
24%
53
42%
95
41
11%
"97
Jan
433/4 Jun
26
Oct
11%
14%
Jun
May 19
Nov
11%
97%
205
12%
52
44
Sep
15%
12
44
Nov
4
12'A
97%
38'A May
15'/a
20
10
52%
*14%
18
33% Oct
17 "A Feb
2,000
105 '/a
109%
203/a Feb
May 19
20% Feb
30%
22%
914%
108 Va Mar
May 14
31%
105%
X34%
44 Va May
22
May
Deo
4
20
12
14%
Oct
88%
10
common—100
11%
36
Sep
9%
6
Mar
Range Since January 1
preferred
Southern
50%
109%
273/a
10
94
10
com—No par
12 Va
14%
3
11% Feb
27% Jun
5
12'A
109%
34 % Nov
28
1073/a Oct
50
Inc
Iron Corp
50%
*35%'
Feb
Jan
No par
11%
14%
Deo
38% July
68 Va Apr
May 19
No par
50%
35%
Oct
106% Jan
Nopar
*11%
110%
36 Va
1
Internat
12%
14%
30
114
Range for Previous
51
35%
48% Jan
Lowest
12%
*1093/4
30%
Nov
85~
No par
51
12%
Deo
21
STOCK
30%
2 3'A
17%
YORK
31'/a
5%
105%
17%
108
18
37
1
com
May
178%
50
30%
105%
18
20
Feb
100
gtd
Jan
53
Sep
6
Feb
28
23
,.No par
32%
931
5%
X22%
24
7%
213A
29% Jan
Oct
Jan
15
21
12% May 19
com__No par
Inc
Pictures
273/n
105%
60% Oct
111
8
100
Carbon
42%
43%
$3.50
$4.25
11%
23%
Fjeb
Jan
59Va. Jan
-
6% Deo
36
Sep
23
84
20
Co
Columbia
30%
105%
RR
Columbia
28
5%
42% Mar 17
Apr 14
5
No par
900
11%
931
1
21% May 21
37 % May 19
27% May 20
100
3,300
30%
5%
7% Mar
9
100
Illuminating
14%
78
11%
5%
21
17
25
5
36%
73%
31
53/,
105%
38%
78
12
11%
31
,*31%
3
110'A
11%
1,200
30%
113/4
*11%
12
47
47%
101% 102 Va
*109%
Sep
104
No par
Collins & Aikman
4%
25 Va
25
*74
33
56 Va Sep
10
Nopar
Corp
Nt> par
Colgate-Palmolive-Peet com__No par
20%
25 Va
14%
76%
373/4
25% July
A
15%.
12
12
Class
16
25 Va
78
Deo
Par
15%
25%
42%
Nov
EXCHANGE
60
%
14
17
45
25%
No par
Louis
NEW
1,100
25
42%
15
July 23
Oct
Preferred
28 Va
24%
*74
13
32% Oct
Deo
common
Cluett Peabody & Co
9434
25%
143/a
533/4 Feb
16
14
8.50
Corp
Industries
20
25%
77
Of an
14
100
Pitts
Clinton
28 V8
25 %
43
Jan
43'/a
Sep
Sep
Sep
34'/a Sep
18
com
preferred
&
94%
25 Va
14%
Elec
&
Special gtd 4% stock
Climax Molybdenum
20 Va
25%
*42%
Jan
823/4
15%
11
Graph Bronze Co. (The)
preferred
28
25
*73
38%
3L%
8
Feb
preferred
Cleve Elec
96
25%
37%
11%
7
21
153/4 Feb
Co
Cleve
Oct
38% Feb
14% Feb
Ry Co com___100
5%
153/4 July
11% July
Sep
1
& St
Clev
7
33/4
Jan
6
Equipment
28
25
38'A
1
Jan
13
Clark
95
X19 %
25 VA
38'A
7% Feb
4% Oct
City Stores
Coca-Cola
25%
38%
102 % July 25
ll3/4 Nov
preferred
$4.50
25% May
66% Jun
Oct
15% Jan
2.50
City Investing Co
C
Apr
17% xvrar
483/4
27% Feb
20% Jan
25
I T Financial
Coca-Cola
12
11%
-2
_10
Shares
11%
*37%
24
28
-
32
No par
Milling Machine Co
the Week
253/a
12
Cincinnati
Sales for
Nov. 7
>1300
44%
16 VB
18%
50.
T300
63%
29
21
96
108
77
38 3
37%
142
9
$ per share
63%
20%
11%
30% Oct
543/4 Jan
STOCKS
45%
29
DAY
16 5
38%
9133
V8
97
96
16%
Thursday
share
20
25%
800
9106%
Nov. 6
29%
*10%
3
10
Oct
Jan
Oct
12%
PRICES
Nov. 5
187 Va
.
142
Wednesday
63%
a
37%
143
19%
12
32%
32%
44
29%
*11
160
9
91300
11'A
3,500
45 %
143
45 3
*12
Jan
13
Jan
25%
114
56
new
Cincinnati Gas
5%
40%
20 Va Feb
43
Sep
14% May 17
36% May 19
par
C C
109%
944
44 %
37%
*1300
12
600
393/4
45%
187 Va
13
1,300
9108 %
75
146
187%
*12
16%
31 %
Nov
213/4 Nov
105
51 Va May 19
Oil
City Ice & Fuel
40
106%
Chrysler Corp
5%%
23%
10
Jan
23% May 19
No par
Chile Copper Co
1,400
400
20
Feb
May
Nopar
Cotton
3,500
109
9
16%
186%
*11%
16%
32
103%
38%
xl8
93/4
preferred
Chicago Yellow Cab
C
86
31%
75
9
share
18 3/4
16%
x75
17
per
18 %
33
9%
983
76 V2
39%
9
16%
33
9%
86
107%
45 %
I per share
16'/a
33'/4
convertible
Preferred
600
95
16%
.
46
990
Nov. 4
*96
45%
95
39
45
46
990
17'A
*62%
24 %
95
32
Tuesday
63%
3,000
20
Chicago Pneumat Tool com—No
106
24
76 %
LOW
45
26 3%
26 %
9101
24'A
9106%
Nov. 3
45
27,100
189
77
Monday
►1300
62%
9165
33
107'/a
Nov. 1
187
36
990
Saturday
"62 Va
26%
34
62%
625/a
Oct
27
93% Oct
100
tChilds Co
32
39'/a
*143
Chickasha
400
%
189
16%
37%
200
5%
4
31
39
9
300
175/8
9
9165
40%
17'A
♦143
16
9
32%
12%
17%
189
108%
32 %
83
200
9165
40%
39%
37%
32
9
7,500
9113/4
36
9%
16
108%
107%
33
10'A
40 Va
*75%
17 %
9
86
109 Va
45
♦44%
9 '/a
16
95
78
*39 %
*
45 %
313/4
55%
9
25% July
41% Jun
No par
com
preferred
31%
55%
5%
106
x24
33%
"83
16%
32%
108
*75
3 3'A
10%
26%
*101
45%
39%
32
♦107%
45 %
3 4'A
61%
24'A
*108%
109%
f
46%
189
*90
106
2 4'A
4%
934
2 7'A
26%
*101
2 4'A
86
16%
9
4%
36
♦101
45
18
4%
35
51%
Jan
Feb
55%
35
24
Sep
14%
1103/4 Jan 23
4
10% May 10
23
Dec
313/4
2
30
19% May 21
11
6
33%
31%
917%
Jan
11% Oct
55%
18
Sep
21% Jan
4
32 %
5%
8%
35% Mar
7
55%
$3
89
30
31%
24%
102% July
23% Jan
15
31
6 3% Feb
3,600
24%
Dec
96% Apr
12% Jan
15% Feb
39%
62%
7
10% Jan
39%
64>A
Nov
43/4 May 19
3934
63%
116
2% May 21
63/4 May 19
39
5
Jun
83/8 May 19
39%
*
110%
Feb
25
Co cl A
38%
933
4
116
20% May 19
Chic Milw St Paul & P vtc__No par
Series A preferred vtc„
100
Va
15
50
Louis Ry
Chicago & Northwest
5
Oct
No par
&
B
1,600
35
Jan
Jan
3,900
♦5
Apr
13%
17%
15s/8
*17%
17%
Sep
Oct
29%
*33
Oct
9
5%
15%
9
Jan
8%
2
8% Feb
29%
9
29
2
10% Jan
14% July
8%
12%
20
14% Jan
5
18%
16
912
19
July
26 Va
29%
12%
23
Sep
Sep
Oct
7%
3 2'/2
20
Oct
15%
55%
Jun
7% Nov
29%
32%
Jan
38 Ve
9%
15%
*55%
Jan
161%
*4%
30
912
109%
Oct
3
15%
12'/a
Sep
22% Jan
9% Oct 21
29 Va
55%
104%
138
123/4 Jan 29
16%
32
Nov
6% May 19
4% May 17
(The)
30
39%
Jan
81% May
23% Sep
183/4
53/4 May 19
15%
7,700
183
Nov
54% Nov
3% Apr 14
29%
8%
Jan
Jun
No par
Co
16%
8
Feb
10%
55
___i
RR
preferred
Chic
Jan
14
21% Feb
22% Feb
6
Jun
34
60
31% Nov
153
Dec
40
& East
Claiss A
2,400
5%
3'/a
8
9
8%
61%
Nov
Chicago Great West RR Co com_u50
5%
July 17
1033/B Jun
100
4%
8%
8%
10%
Apr 28
32% Feb 24
4% May 19
com.-No par
4%
5V2
Sep
82
No par
convertible
39
111
l
8%
10'/4
6
156
18
Products
5
'10%
108 % Jan
11
May
39%
27
8%
6
8
22
16% Oct
preferred
3%%
7
Feb
27% Oct
64
137
Dec
8
Mfg
1.25
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common—25
Chic
Jun
158% Jan
Sep
38%
75/8 May 19
Checker Cab
1,100
112
8
21
143/4 Feb
29%
12%
73/4 Feb
45% Oct
9% Sep 25
39%
31%
Oct
13
12% Aug 21
16%
*55
6%
Jan
24% Nov
5
lls/B May 19
4 %
3%
39%
Nov
No par
39%
♦29%
Nov
34%
Oct
—_No par
Copper
8%
5%
9
1,200
13%
15
18% Jun
stock
Pasco
8%
5%
8%
capital
de
8%
10%
4'A
8%
13
30
14
45
20
par
8%
8%
*5%
*
12%
21% Oct
100
Century Ribbon Mills
Champion Paper & Fib
4 4 Va
8%
Jersey
Sugar Co—
Chain
29
7
19"% May 19
ser.100
New
90
9
50 V2 Feb
Apr
1
X139
preferred—_100
600
13 %
30
9
May 23
49% May 19
17 % May 19
104% Jun 18
20
of
Jet
2
138
No.par
Corp pfd 3.40%
tCentral RR
50
21 Va May
59% May
Nov
6
—No par
300
95
4%
Cent NY Pi
Oct
Jan
-29% May 19
par
share
733/4
12ya
39% Jan
1
par
Highest
$ per
513/4 NOV
' Apr 14
12% May 19
353/4 May 19
25
100
128
Aug 22
6
1
Central Hudson G & E Corp—No par
$4.50
30
40
50
Central'Aguirre Association—No
Central Foundry Co
New
Oct
30% May 20
10
Corp
23 5/s
44
13%
929
—
common
28
14
108
_100
series
1053%
30
100
Ry
Co
5
23%
-29
18
Co
1053/4
23%
57% Feb
common
Certain-teed
106
May 26
preferred
7,000
913%
8%
5 %.
18
23%
50
preferred
17%
29
8%
1st
Corp
17%
106
1
2nd preferred
Cerro
29
4%
1%
5,700
97
44 Va
*94
$4.75
Celotex
17%
106
143/4 Feb
100
25%
"21
14
Preferred
500
100
Apr
Light
General
Co
25 Va
14
29
&
(J I)
25'/4
44 Va
*28%
600
n
common
4%
24%
28
24
14
910
18'A
27
106
106
14
7%
&
Central Violeta
25%
*26%
7'/a
78
_10
Central 111 Lt 4%%
100
17
Caterpillar Tractor.
_No
Celanese Corp of Amer com—No
130
20'A
8%
Carriers
Case
400
19%
*103%
Preferred
600
28
Corp
9 per share
Jan
Nov
Carrier
$ per share
56
Ohio
&
Carpenter. Steel
Year 1946
Lowest
No par
common.
1
A
Clinch
$ per share
Rights
-20
56%
preferred
Carolina Power
100
44'/4
43
144
3,200
Mills
Carolina
40,300
20%
19 Va
*
42
100
105
142%
28
9
7'A
Cannon
56
30%
Range Since January 1
Highest
Lowest
Par
200
58
25%
*104%
142%
18%
44
9
Range for Prevloua
STOCK
Shares
108
3
3 2
YORK
EXCHANGE
13 VA
55'A
9106
31'/a
1
19%
42
56%
NEW
71
912%
9
1 it
941
69%
13'A
108
31
Va
42%
9
26 Va
26
105
*20%
9103
31%
7'A
146%
25%
28
108
41
7%
♦144
♦104%
142%
*55 Va
18'A
44
*7 Va
146%
58
912%
A
9
the Week
9 per share
70
13
31%
9
19 Va
943
7%
*144
70
56%
A
42%
18%
44
*7%
31%
32
*41
RECORD
Sales for
Nov. 7
$ per share
71
5
A
42
11%
share
13
108
Friday
Nov. (i
55'A
9
110
31%
per
69%
14
"55%
Thursday
Nov. 5
70%
STOCK
STOCKS
Wednesday
$ per share
YORK
PRICES
49% May
*23% May
13% Nov
30%
Feb
46 V*
Deo
56
Jan
12 Va
Oct
23%
Fen
50
Oct
60
Apr
27%
Jan
*12% Nov
15
1C
(1900)
THE
COMMERCIAL
NEW
LOW
Saturday
Monday
Nov. 1
Nov. 3
S
$
share
per
*55
56
56
24%
24 Va
24%
101
*93%
*00 Va
*64%
173
*102%
3 Va
3 Va
34%
102 Va
*14 V*
11%
<14%
24'A
2%
24%
41 Va
41%
*48
49
*102
14%
14'A
*23 Va
24 Va
*40
41
*47
47%
32°
102
102
102 Va
103
120%
DAY
*:0Va
Intel national
UOJ
2.300
300
Crane
14 Va
1,200
23%
700
Cream
of
40%
300
C" tp
Cnrk
47
600
$2
32%
32 %
*102%
121
3.3U0
103
150
121
460
25
25%
25
25 Va
76 Va
74 %
74%
70 %
72
500
32
31%
30
30
40
Cuba
*30
17'A
*165
17
17
*165
180
180
It 3A
*165
16%
2,200
6%
RR
16
15%
15%
*15 %
15 %
*91 Va
97
97
*91 V2
97
*17%
18 Va
17%
17%
*17%
18%
200
Cuneo
27
27 Va
27
27
26%
26 Va
; 00
10 %
10
10
10
145
145
40
65
600
27 Vi
27 %
27 Va
10%
10%
10
10'A
*143
147
C4
147
*63 %
5
5%
26
18
20
*131
Va
26 Va
9%
140
141
63'A
62 Va
5%
5%
5 Va
131
in
26%
147
63
5%
17%
17%
137
*141
63%
15%
*91 %
20%
137
20 %
*131
63
*63 Va
5%
5%
20%
137
.
5,700
17,500
20%
$7
10
39% May
Deo
109% Aug
107
7
16
Oct
75%
Jan
Dec
*185 Va
Deo
7'/a
Nov
4Va
Oct
7%
Jan
Oct
49%
Jun
101
Nov
110'/a
Aug
Jan
9
Mar
67%
58% May
Aug 15
8'A Jan
23
13% Nov
23% Sep
210 % Mar
14%
Apr
10
9
28
Sep
35%
32
Oct
62
Jun
52% Mar 27
47
Dec
54%
Feb
25
Apr 29
34% Oct
16
25
Oct
40 %
Apr
24
108% Feb
24
103
Sep
110%
Feb
150
Apr
100% Oct
105 '/2
23%
23 %
1,200
Dana
Dec
34% Oct
21
22
Oct
17%
Oct
*
May 20
Jan
Stores
Inc
30
24% Oct
new.
7%
pfd
Feb
129
1100
Feb
46'A
Jan
287/a
Jan
Jan
165
Jan
95
Oct
106
Mar
16%
7
27 % Nov
Nov
3
24% July
12 y* Feb
a
10
Nov
Oct
30
103
Oct
146%
Feb
1
60
Sep
76%
Oct
12%
Apr
Feb
145
6
Mar
70
6% Feb
8
20% Nov
18
" 6
5%
128
Apr 23
30% Feb
1
Jan
26
Oct
17 y.
132
18% May 17
No par
54%
115% July
18
Mar 12
19% Feb
29
Jan
160
7
17% Sep
4% May 20
12% May 21
1
Inc
Jun
56
2
Jan
101
113 '/a Jan
-1
Inc
165
6% May 19
16
No par
com
21% Jan
7
91% Oct 30
—v
23%
88 Va
16 % May 14
No par
Son.4
Cutler-Hammer
2°%
Dec
29
15% Oct
10
common
1,400
Sep
29
Jan
^5
Curtiss-vyright
2G%
110
13
96
13% May 19
No par
26%
16
37 Va Feb
7
100
tThe-
26%
130 Va Oct
165
100
Co
26
May 19
22
100
new
2
70% Nov
Sugar common.-10
com
30
10
22% May 19
com__No par
_100
Drug
C.ass A
7
Oct
101'/a
5
preferred
Cushman's
26
75% Jan
195
25%
6
47
coin
Prior preferred
28,700
137
rmb
105% Jun
7
19
20
Inc
s
26 %
26
5
Oct
32% Feb
105% Feb
Sep
Jan
preferred
Pre
Curtis
31
102
—No par
No par
Packing Co
Cudahy
4%%
5%
20%
*131
2,400
4
13
7
29
$ per share
52
45% Oct
preferred
Cunningham
10
27'A
15%
4% Jan
40 Va Feb
7
31% May 19
preferred
18
18
Cuip
Amer
Cuban-American
97
13
8
Jan
2
No par
com
preferied_
1%%
97
*17%
6
2% Aug
1
(The)
Corp
Sea!
Steel of
*91 %
15%
*91%
Jun
61
No par
fti
preferred
7v;
15
26 % May 19
1
preferred
Crucible
18J
29
61% Sep
Nov
100
ccitVi'OtiCU
5%
3,800
Wheat
2nd
$4
23 Va
100% Oct
25
preferred
$4.20
Oct
5
America
of
Creameries
Ciiiwu
Nov
174
Corp
preferred
47
a
com
common
13%
25%
17
180
Co
3%%
*30
17'A
*165
3 '/8
1947
of
ser
Refining
Inc
Coty
23
14
Highest
$ per share
100
1
3% 7r
pfd
Products
$ per share
Anr
100
preferred
Preferred
*74'/a
32 V2
17%
17Va
150
Corn
Year 1940
Lowest
52
20
5
100
100
25
common
1V01A.S
oicvss
3%7f
23%
121
ELECTION
32%
600
35
*40
121
77 Va
1(%
14%
Exchange Bank & Tr Co
Coining
1''0
102
*101
24%
120 %
26 V2
*26
102
120 Va
77
22 Va
*131
3 '/8
*101
3,100
5%
*34 Va
32Va
26
5VS
3 Va
35%
Corn
Cum
64 %
$ per share
Par
100%
5%
Range Since January 1
Highest
Lowest
EXCHANGE
40
175
V8
32%
103
3,000
100
64 %
174
5%
32%
70 V2
*62
5%
48 'A
27
*143
*98%
64%
150
23%
101%
178
48
103
15%
63%
Range for Previous
STOCK
YORK
NEW
Shares
56%
23
*98'/a
120 %
*30%
56%
23%
41V2
24
x41 Va
*102
17%
~99%
3
$ per share
100
32'A
120
26%
share
50
32%
*77 >2
*165
14 Va
*48'
102
14'A
24%
42
102
the Week
34%
35
Monday, November 10, 1947
RECORD
Sales for
Nov. 7
56 %
23%
3 !4
34%
102%
56
173
5%
*3Vs
24%
101
32%
63%
179
5%
$ per
100
100 Va
63'A
0"8
*40 Va
120
24%
35%
*3%
35
share
100
*99
Friday
Nov. (>
56 Va
179
5%
5%
per
24
64
Thursday
Nov. 5
100
100 Va
STOCK
CHRONICLE
STOCKS
Wednesday
$
YORK
FINANCIAL
PRICES
56
179
179
6 Va
*6
share
per
100
63%
65
173 V2
$
24%
100
SALE
Nov. 4
57
ICOVa
*100
HIGH
Tuesday
share
per
AND
&
34'A
Feb
Oct
145
July
Deo
45
May
26%
D
23%
21 %
23 %
23%
91
91
21%
21%
21 %
21%
2.3%
92
21%
*23%
23%
92
23%
23
23
23 %
23%
92
23%
or
j
*90%
92
91
91
170
21 %
*21
22
500
*22%
23%
5
29 %
21%
22 %
23
200
%
30'A
30
30%
29%
29%
30
2,000
*97
IS'A
97%
57%.
97
9 7'/a
*96
97 %
95%
95%
*96 Va
97'/a
*96
97%
29%
2
2.
%
Corp new
Cum
common
3%9f
pid
A
100
Davison
Chemical
Corp
'The)
1
16% Jan
29% Oct
14
100
95% Nov
7
Preferred 3.75't
series B
Deo
08% Nov
17
Nov
34
23
16%
NOV
35 y4 Jan
16
7
series A
Pwr & Light common--.
Preferred
91%
29
24% Oct
Apr 25
14% May 20
3.75%
Dayton
190
18
26
23% Oct
8
28
Sep
31% May
36Va July
26 3A
91
5
Sep
96 V4 Jun
19% Aug 26
1
series
Davega Stores Corp N Y
•—
101% July 29
101 Va July 24
__
— — .Ml
___
May
*91%
98%
*96%
97%
100
97
14'A
1-1'A
14%
Oct
31
*13%
14 »A
14'A
14'A
14%
14
14
Dayton Rubber Co
50c
17
12%
16%
34%
12%
12 %
25
23% Feb
12'A
12% Sep
Nov
12%
11
12%
12%
12 Va
12%
3,800
Decca Records
50c
11
17
44
Nov
22 Va
Deo
44%
<1%
20% Feb
11
44'A
40%
42 %
39 %
Sep 29
41%
40%
41%
5,000
Deep
45%
1
45% Oct
42%
43%
6,000
Deere
31
23
34%
46% Oct
Deo
s'33%
No par
Aug
8
May 17
31
45 %
45
33
45 V4
58%
Jun
34
34
38'A Feb
7%
45%
46%
x43%
34%
34%
*33
34%
3 0 %
39%
39 %
39%
*39 V4
40
7'%
7%
*96
44
34%
*
40
39%
%
7%
7%
7%
7%
*34
97%
*39%
7%
900
200
40
7%
Rock
11%
12%
V4
12%
11 %
Preferred
&
Delaware
Lack
12'A
11 "4
11%
6,600
41%
41
%
42
41%
42%
x35%
36»'a
30 V2
37%
11,700
23
22%
23
22%
22%
22%
22%
22%
22%
7,200
*57
62
62
*57
*57
62
*57
62
*57
62
R.o
&
Escrow
ctfs
12%
12%
12%
12%
12%
12%
12%
12%
12%
26
26%
1,500
26%
26%
26 %
25
26 %
26 %
20 %
f 00
Detroit Steel
16%
*16
16%
16%
16%
16 %
10 %
27
27%
400
De
27%
27
27
26%
27
26
20
700
40
40%
Devoe &:
4C%
40
40
*39%
40
40 Va
40%
500
Diamond
044
45
*43%
45
400
19%
600
16%
40%
161'2
*16%
*45
46
44%
45
44%
44%
*19
20
19%
19 %
19%
19%
15 Va
15 %
15 %
15%
17%
16
15%
15%
15%
4
15
67t
15%
11,600
300
Divco
100
Dixie
54
54
100
17%
*17%
17%
1712
39
371
a
37%
*36%
54%
53 %
54%
Distill
25
25
24%
25
24
24%
37
37%
36%
37%
36%
37%
36%
37%
37%
37 Va
Deehler-JarvLs
18%
18%
18%
2.r00
18%
18%
18%
18%
18%
lo%
19
5,300
Dome
55
55 %
54%
55
Xo0%
57%
51
51%
3,600
Douglas
3.9%
5.10">
Dow
400
$4
39%
40%
39
40
39
39
38%
104
104
104
104
104
103
104
103%
104
103%
103%
103%
103%
103%
103%
103%
102%
103 Va
20 %
2.400
19%
20%
19%
92
19%
4.100
90
90%
100
3%'i
200
Dunhill
20 %
19%
*90
92%
*12%
*12%
13%
*15%
186
13%
16
16%
12%
16
185%
186%
*123%
124
123%
101%
101%
101%
112%
112%
112
112%
15
15
15
SALE
share
per
$ per
share
50
Apr
29
42
Sep
50
13
Jan
2
24% Feb
16%
Oct
34%
Aug
Jan
11% May 19
18'A Jan
Oct
16
30
July
14% NOV
2
19% Oct
15
25
May 19
40 Va
Sep
18
28%
NOV
52
Apr
49
May 22
55% Oct
30
48%
Sep
62%
Jun
24
Nov
6
34
7
Feb
—
Jan
7
63%
NOV
108% Mar
Dec
118
No par
Corp
Chemical
Co
_5
15
common
preferred series A
$3.25 2nd
100%
100%
10C
100
112
112%
111%
111%
14%
*14%
14
100
90
Nov
15% Oct
Duquesne.J ight 5%
DWG
No par
123% Nov
ICO
1st pfd
PRICES
Nov
110% Sep
-100
Cigar Corp
14 Va May
5
7
12
20
111%
15%
Oct
19
91
Oct
19
Feb
10
16% Nov
7
t per share
Sales for
Nov. 7
the Week
I per
share
NEW
Jan
Apr
41% May
15
Oct
July
Oct
227
Jun
129 Va Aug
124
Deo
133
July
Oct
116%
—
—
107% Sep
112%
115% Jun
19% Mar
•
13%
Sep
Feb
21
May
Range tor Previous
STOCK
YORK
33%
116
161
197
STOCKS
Friday
Jun
«...
30
88 Va Feb
28
3
——
...
14
22% Jan
5
May 27
No par
•Preferred £3.50 series
160
500
173
Feb
104'A Oct 22
10% May 19
1
lE Ji &. Co com__20
Preferred $4 50 series—
114Va Feb
30
May 16
new
Nem
28
42% July 24
8
Oct
50c
common
International
Corp
Sep
101% Sep
No.par
preferred
cor.v
36 Va
105
-No par.
preferred
Industries
700
Nov. 6
Mar
76
124%.
Thursday
---
—.
......
-
45% May 27
124%
t per share
2
Jan
18
No par
124
Nov. 5
$
43 % Oct
48
124
Wednesday
50%
29%
Duplan
Nov. 4
39% May
Oct
37% May
Du Pont de
Ix'tsKclay
24
Sep
34%
Sep
1,600
Nov. 8
Oct
23%
Dee
2.900
Monday
15 Va
S
Jan
Nov
16%
Nov. 1
47
16 Va
187%
1.100
2
17
Jan
31% Feb
15
25%
16%
15
22
29
x23%
187%
14%
Aug
Oct
Apr
10
188%
15%
Dec
23
16
Saturday
$ per share
13%
19%
23
26% Oct
18
112%
*14%
EIGH
*12%
Deo
7
13% July
39% Oct
188
16
Feb
16'/a
Apr
21 '/a Jun
101%
101 %
AND
13
13
77
28% May 19
16'% May 14
124
*112
LOW
*87
Oct
No par
1.6%
*122
15
19%
90%
60
Ltd
189%
188%
123%
*101%
12%
16
187
19
*87
1
Aircraft
Dresrer
90
19 %
*90
62% Oct
16
2
Co
Mines
103%
4
Aug
No pur
A
Pepper
104
28
——
No par
55
25%
39%
Ltd
Oct
35%
2
common
55
39%
Co
-
„
_
20
23
20% May 14
12.50
No par
25
Car
Oct
27 Va Mar 25
10% May 19
17 72 Jan
3
1
common
14% Mar 34
44
7
59
1
Co
25
55%
6% May 19
25% May 19
22% Nov
1
Corp-Seagrams
26
5* %
Co
Stove
11
Motor
55
Dr.
Jan
RR Co__100
Corp.
Class
Jan
16 V*
5
*54%
2.300
S W
ynolds class A
*25%
53%
50%
Oct
100
&
Match
cup
42>A July
Sep
6%
100
partic preferred
17%
*17%
*37
Oct
25 Va
s
pfd
Corp
T
33%
e
10% Feb
22
RR
Co
R
Diamond
33
18
*37
39
19 3
19%
39
17%
13
*36%
19%
Detroit-Miehig
Vilbiss
20
451/4 Mar
57/a May 19
32% Oct
20
e
31%
32% May 19
coin
for
Detroit Hi hcta
12%
*26
for
West
Edison
26%
%
Western
Grande
ctfs
E'crow
Detroit
20
Apr
...
50
Hudson
&
...
100
-
Delaware
41%
11%
common
400
23
11%
Corp
4,800
7%
Denver
12
Oil
Co
&
Inc
Ranee Since
EXCHANGE
Year 1946
January 1
Lowest
Lowest
rHighest
Shares
Par
$ per share
i per share
Highest
i per share
$ per share
E
23
7%
23
22%
22%
22 34
23
17 Va
23%
17%
17%
16
17.
16
20%
20
20 "4
44%
43%
44 %
*20 >A
44
*188
If 2
54%
183
54%
20%
98
16 Ve
53%
21%
98
16%
*105
53%
DAT
44 14
188
1912
44%
188
*53%
16
16%
17%
28.500
Eastern
Airlines
18%
18%
10,000
Eastern
Stainless
53%
20%
20%
20%
20%
97%
97%
*97%
16%
16%
16%
16%
107
6
*5%
%05
107
5%
16
53%
53 3.4
53%
500
20 %
20%
20%
1.100
97%
98
15 3
55 Va
55
55%
13%
13%
13%
13%
37
*35%
37%
2%
2%
2'A
17%
17%
17%
161'A
101
161
*146
161%
150
*146
150
56
56
56%
56%
16%
16%
16%
16%
57%
57%
57%
58 Va
15%
15 %
15%
15%
*17%
18
17%
17%
*13%
14%
*14
14'A
*32%
33%
*32%
33 Va
*103
104
r2%
104
2%
104
2%
r2%
9%
9%
9
9 %
*50%
52%
*51
51%
*60
64
64
*60%
*9%
10%
20%
21
12%
1"»%
45%
45 3 4
45 "2
45 V2
*10 %
11%
10 %
10%
56
*30%
7%
*38%
19%
10
10
20%
56
31%
56
31V4
7%
7%
40
*38%
19%
19%'
12%
12
23%
102%
fop*T)c>1»*
*:co
***
19%
1112%
23%
;
7%
40
23
Pot
13%
56
31%
.
12
102%
20%
13%
23%
,
101%
pace
24.
*36
2%
161%
150
55%
16"
*35%
2%
17%
161 %
*147
16%
55'
54%
2
4%%
Ekco Products Co
Boat
609
150
*143
17
8.600
160%
Power <fc
$7
55
16 %
17
57 %
58%
1.400
15%
16% Feb
5
12%
Deo
35%
39% Jan
10
34%
Oct
48% Jan
3% Jan
14
3%
19% Feb
8
Deo
Oct
2
NOV
30% Feb
Emerson
Electric
600
Emerson
Radio
600
Empire District Electric Co
23
360
Endicott
3
r2%
2%
12.100
8%
7.700
50 %
50%
5C0
Natural
Johnson
13
5.
Corp common
13% Sep
25
Office
Elcg
102
8%
*50%
51
*60%
€4
*60%
66
9%
10
*9%
10
10
10
19%
20%
20
20
20
20%
13%
2,600
Evans
13%
13%
12 %
13%
13 %
6.400
Eversharp
Inc
J
44
44%
45 %
45%
1.300
Ex-Cell-O
Corp
3
10%
•10%
200
Exchange
Buffet
44
45%
%0
65
Erie
800
54
54%
54
54
-0 %
-6 %
20%
39%
1,300
Fajardo.Sugar Co of Porto Rico
7%
7%
7%
7%
€.900
Farnsworth Televis'n & Rad Corp^_l
Federal Mining & -Smelting Co
__2:
39
„
19%
12
23%
101,
24
101%
.5% Jan
Jan
93
Jnn
Oct
£5
Jan
-Mar 29
90
10
8
:
.
.
22% Jen
Oct
15% Oct
May 19
24% Feb
7
12% May 17
25% Jan
7
21% Nov
32% May 19
7
ithy 12
50% Oct
18
34% Oct
13% Aug
6
'
31
19%
Oct
Jan
23 y«
48
13% Ffcb
7% May 17
121
Sep
.
33%
-
,
Apr
58% Apr
'
55
12
1
43% Mar
21%
Oct
Oct
3
__5
18
Jun
9%
3
Williams
_5
July
2%. Jun
5
Feb
85
30'%
*28%
104
Mar 24
4% May
C4 % Oct
Corp
Apr
12% Feb
2
.50
*64%
7%
107
Pittsburgh RR Co
Co
167
2
€7
11
7%
38
8% May 14
Products
180% May
17%- Deo
17
Not
6
8
47% May 19
♦10%
*10%
28
100
No
common
preferred series-A
Eureka
16% Oct
21% Feb
19% Jan
29
7
2
par
KR
&
May
.2% Jan
No par
5%
5%
59% Oct
27% May 17
100
138
July 24
24% Mar. 19
May 19
10
preferred
JEciuita'Die
31
9% May 19
_.4
Phonograph
3
46% May 20
3
M)fg Co
&
Jan
16% Oct
15
Gas
50%
Erie
Jan
29% May
11%
3.600
17%
9
13%
7%
61% Jun
14
2
Sep
8
11% May 19
Sep
.15 %
r 2%
Apr
10% May 19
44%
17%
2%
Feb
S6%
13%
9
80%
Oct
15%
50%
Oct
40
13%
x2%
Feb
Jan
50%
128
17%
4%
13
Dec
16%
3
14
100
65% Feb
114
32% May 29
Elgin National Watch Co
2
NOV
6% NOV
24
17%
105'
106%
18
277/a
Oct
15
8% Feb
57% Oct
13%
105 %
17%
111 Va Feb
Aug
156% Feb
17%
lc-4.
17
21
Oct
Feb
40% May
112
Oct
May 26
:e%
103
Deo
47
5£ A
f?2
71
Oct
23%
137
Battery
"6%
32
27% Feb
39
101
No par
GOO
Storage
57%
33
4
No par
preferred
15%
103
7
Sep
Sep
27
32%
11
Feb
171
58%
103
Feb
25% Feb
57
109
17
May 20
Electric
Paso
Aug
152
770
El
209
3
15 %
*
Jun
Nov
ISO
21
No par
shares
57%
(i
61
Light com__No par
No par
preferred
£6
150
5'4%
4
Electric
850
3iy8 May
Jan
May 19
4 %
5
common
Amer
Nov
198% Oct
15% Aug 29
106
1
Convertible preferred
Elec & Mus Ir.d
Sep
16%
30 V*
50% May 17
5
'The)
19
3
30
48% July 23
6
May 17
96% Oct
100
Co
Electric
100
2%
19
30% May
25% Aug 18
24% Apr
51
Jan
42% May 17
4
100
common
Stop Nut
5
42% May 17
common.— \
preferred
Elastic
1.500
13
Inc
Nov
May 19
182% Jun
100
preferred
Auto-Lite
37%
16%
Eros Stores
Edison
Electric
*2%
10
common
preferred
1.800
36%;
160%
Co
54%
r)
17
Kodak
5
Ccrp
16
16
18
1
Steel
Eat-or. Manufacturing Co
4 %'?
600
■ 4
1- ;
I'll
161
*146
56
4.200
13
37%
2%
17
16%
Inc
cumulative
6 %
50
Q
13
17%
Eastman
107
54%
13%
*2 Ve
4
*105
6
55
37
'
110
58
107
54%
13 ¥4
7
9.400
6
54%
i
45
183
16%
*105
5%
44
183
185
19% Jan
10
' 8
18%
98%
*105
Eagle-Picher Co
44%
20%
6
900
15
185
54%
23%
44%
*97%
107
6
188
18%
ELECTION
23%
*29
40
*19%
29%
22%
11%
23%.
23%
1G1% -103%
40
40
*19 Vb
12
.
23%
103
11
29%
000
500
300
Corp
Fairbanks Morse & Co
Federal-Mogul Corp
2.50
5
22
1.500
Federal Motor Truck
23%
2,209
Federated, Dept. Stores com_<__No par
'4¥ify .convertible - preferred—100:
103
270*
No par
7
16
83%'feb"
1
7
11% Jun
r88
47% WVf
21%h6ep
6% Feb-'
■7% Deo
Met 19
44
.
63% Jan
Oct
4% May 19
No par
2ov-
-•
25% Jan
22
May 16
CO
Jan
42% Mar
St
7
18% Sep 29
23%.'July 14
9% May 19
34% F6b >8
19
xl01
■■
Apr. 18
Oct
27"
28% July 23
307% Jun
12
35
Oct
v54% Feb
16% bot
21
vNof
104
Sep
May
36% Feb
39% Jan
.21% Jun
."
34% Aug
Feb
108,
/
Volume 166
Number 4645
THE
COMMERCIAL
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 1
Nov. 3
SALE
Nov. 4
»
per
share
1 per share
*21%
21%
*21 VB
21%
*22%
23%
*22%
23
54%
54 Va
Thnrsday
per share
*21'/a
Friday
the Week
,
*21%
22 Va
*22%
S per share
21%
21%
23%
22
72
21%
2 4.
" 4
100
boO
*59%
17
*54
55
54%
55
54%
54%
54%
54 Va
too
51
51
51
51
50%
50%
50%
50%
*106
1,300
106 Vt
lOo %
61
60
17
361
a
105
60
17
36%
106
59
59%
60
17
104
16%
16 3
4
*16%
36 Vt
36%
35%
104
'104
105
*102
lOo
106
%
to J
Va
09
National*
(The)
104
30
*35%
36%
36
35
14%
14%
14%
14%
14%
14%
14%
14%
11%
*79
11%
11%
80%
*98
25%-
*16%
41
41
13
13
*19
6
*19%
15%
*105
54
*12%
80%
*41%
9%
9%
3,800
Gabriel
Co
9 %
6,000
Gair
Inc
200
15
15
15
*14%
15
300
Gameweil
19 %
*li%
20
400
Gardner-Denver
Vt
*14%
19%
19%
6%
6
6 %
6
31%
*31
31%
21
20%
21%
15%
15%
15%
109
105 %
54'A
105 Va
52%
10%
*175
*105
53%
10 Vt
181 Va
*31
107
52%
10 Va
10%
180
*175
Gar
Wood
100
10,. 00
Gaylord
2,700
General
American
105
105
4%%
300
52 Vt
52%
2,500
General
Amer
10%
10%
10%
1,900
General
*175
180
$8
12%
12%
12%
12 %
12%
300
General
11%
12
11%
81%
12 %
7,700
General
Cable
43
80
27
150
80
80
80
42
42
43
43
*26
43
*26
*147
27
26 %
26
149%
35%
36
35 %
39%
99
99
13%
13%
49
13%
13%
*12%
48
48
48
48 Va
48%
127
conv
General
36%
13%
36
150
10
35%
7%
General
3,500
General
38%
VA
39%
38%
39
38%
39
98 Va
97%
98 %
97 VB
97 VB
500
13 %
400
General
48%
1,200
General
13 Va
49
*13
48%
127
127
*127'A
128
*127 Vt
128
*111
114
114
*110%
114
*110%
114
40
5 Vt
59%
60 Va
58%
*125%
59%
58%
125%
59%
125 %
59 VB
12514
125 '/a
125%
125%
125 Vt
100
125 VB
125 %
1,200
$5
100
100 Va
100
100
100
100
2,700
Preferred
99%
16
100
99
16
18%
17%
3
16
18%
*127
18%
18%
17
17
3%
3
14
21 VA
15%
18%
17 '/4
3%
129'/a
16
17
17%
14 Vb
*26%
16
18%
3
14
16
14 VB
26 %
26
*127
*15%
ll VB
1,000
General
General
l.tOO
Gen
Precision
700
Gen
Public
13%
13%
a
9,600
Gen
Public
*25%
25%
2o%
4U0
Gen
Railway
Gen
129'/a
*127
129%
*127
12912
6%
4%
4%
4%
1,700
26 %
26%
*27
27%
4 jJ
31
31
31%
*31
3i %
900
General
114
114
190
Gen
400
General
700
Gen
2,400
Gen
30%
4%
115%
113%
*30%
31%
30%
30%
*30%
31%
*26
30%
28
30%
26%
26 31
*26%
27
26%
26%
*26
102'/a
*101
102%
*101
24%
102%
24%
*101
24%
99
*97 Va
84
84
*82
85
261
96-L
HIGH
Tuesday
Nov. 4
1 per share
28%
s
AND
Nov. 3
share
28
96 3 4
$ per share
28
*96%
24
*97
*83
85%
SALE
'■
Thursday
Nov. 5
$ per share
96%
22%
27 V8
*96
22%
93 %
93 %
122
0
124
25 3
56'
i
h
*101%
*46%
c106 1
6
a
20
48
6%
*122
26
124
25%
56%
ELECTION
DAY
97
22 %
*93
*96 Va
22%
96
25%
2,000
52 Va
300
6 Va
1,600
26
55
6%
6 Vb
124
*121
26
6%
124
Va
25%
26
56%
55
55%
101%
101
:'101
101%
47
46%
47
46
108
*106 Va
108
106
106
106
20
20
20
20
20%
46%
45%
46%
7
Vt
6%
6%
6 %
6 %
6%
6 %
6%
6%
33%
*32%
45%
34
*34
*98%
100
11%
32 'A
34
144'%
31
142
68
31
*15%
10%
68
31%
*15%
16 Vt
27
120
32 Va
*32%
33 %
*32'A
15%
16 VB
16
37%
37%
23 VB
31%
*15%
>:37%
23 VB
23%
143 Va
145
68
31%
30 3
16%
100
23%
145
*63%
4
*15%
11
29
6%
6%
92
6%
*88
10%
16%
Apr
Aug
11
83% July 16
90 Va
40%
149% Nov
5
160
32
May 19
37'/a Oct
9
97 Vs Nov
7
11
May 19
43
May 19
126% Mar 14
110
Jun
6
47 Va Feb
7
Oct
182
Apr
3
33%
Deo
62
Feb
45% Jan
9
39%
Oct
66 %
Feb
Aug
Aug 21
16% Mar
3
42
Feb
65% Feb
11
51% Jan
3
20
Nov
3
107 V8 Sep
16
13% May 20
19% Jan
6
1
No par
5
No par
20
5
18'A Oct
20
Nov
7
lb
2% May 16
12% May 19
19
125
May 19
Oct
3
129
19 % Nov
Safety Razor
$4.50 preferred
Co (The)
4V2%
Goebel
23%
*141
68
27%
*63%
30%
30%
16'A
*15%
Stock
Co
$5
6%
6'
92
a
*88
conv
1,800
8
21%
Not
8
2%
Oct
16% Jan
31% Feb
6
14%
Oct
23% May
8
24%
Not
48
May
Oct
160
Apr
140
Feb
26
137
5,900
Gt
Northern
1,900
Great Western
38
23
'A
146
80
68
30%
cum
16
(H
4%
Oct
Oct
11%
26 Va
26
36% J an
29
Jan
47
Jun
132
July
May 27
101 % Apr
29% Sep
19
124% Jan
29
101
Oct
19
35% Jan
2
32
Not
19% Apr
14
30
Feb
3
106
Apr
101
Oct
21% May 27
1
24%
15
105
40% Feb
11
32%
102 Vt
06
11
11%
10%
11 VB
10%
10%
45%
44
44
*42%
44%
71%
71%
72
72 VB
72%
15
72'A
14%
14%
14%
14%
14%
10 %
*42
11%
28,800
180
28%
2,000
6%
900
*28%
*6%
*88
92
$5
118
Jan
Oct
104%
Sep
$ per
$ per share
share
23 Vb May 19
95 Va Oct
17 %
5
May 19
51% May
5 Va
14
May 19
6
May 21
104 V2 Jun
Mar 31
105% Jan
30
103
$ per share
Feb
22%
Jan
Highest
$ per share
42%
102%
Deo
108
100
20
Apr
May
7
Jan
6
Oct
1Q6
50
Oct
20
36%
Oct
66%
58
Sep
17
53
Deo
68
7
Fen
6
6%
Nov
Apr
Jan
May
8%
Jan
151%
Jan
Oct
29
116
Nov
15
27
Nov
47% May
11
59%
Nov
88 Va
No par
101
Nov
July 23
No par
1
5
41% Jun
13
32
Lowest
Feb
6
5
9
105% Sep
24
13% May 13
3
May 19
5% Oct
2
31
No par
12% May 19
25% May 28
5
100
Stores
Jun
98
Nov
2
May
1
1
9
No par
31
Ore
Prop
No par
13
6%
pfd
No par
Sugar
com
No par
22 Vb Jun
25
141 % Oct
31
com
pfd
Co
Inc
RR
100
2
Mar 28
Apr 18
34% May 21
59
May 12
1
29% Oct
7
Die Corp__No par
(The)—
15'A Oct
24
new
Corp
No par
9
100
100
1
17
preferred
Aircraft
Corp
Sugar
1
common
preferred
July 29
106
61% Feb
100%
Sep
107
21
50%
Nov
77
4
105 Vt
Sep
Jan
10
19 Va
Nov
43
Feb
8% Oct
24
5%
Oct
16
Jan
5%
Oct
12%
Jan
B3/8 Mar 27
41
Jan
2
21 Vb Oct
23
33
10
28
Nov
5
101
Nov
107
Jan
Mar
74%
9,300
14%
14%
10,300
Gulf States
37
100
Hackensack
15%
15%
400
Hall
15
200
Hamilton
99
10
107
50
25
1,900
112
Feb
Jun
Feb
12%
Deo
13%
33%
Deo
35
Dec
30
13%
Dec
21
Feb
49% Feb
3
40 Va
Oct
64
Jun
27% Mar
163% Jan
70
Feb
5
22 %
Dec
NOV
34%
Jan
27
158
Oct
188 Va
Apr
5
65
Oct
79
Feb
20%
Deo
20%
Dec
35% Aug 22
21 % Mar
5
11'A Oct
18
29
105% Feb
27
102%
Oct
May 27
32% Oct
14
23 %
Deo
52%
Apr
4% May 14
8% Jan
10
6 Va
Oct
13%
Jan
Oct
93
49
57% Apr
14
74 V» Nov
7
14'A Oct
27
16 Vb Sep
12
39
Printing Co—
15
27%
40 Va
Oct
18
May 17
Water
54 Va May
12 Va
10
6Vb May 19
31% May 21
Corp
Utilities Co
30 Vt Mar
Sep
78
No par
Jan
17
No par
73%
14%
preferred
113 Va
14% Feb
37% F*b
25
73
Gulf Mobile & Ohio RR
Apr
Aug
24
No par
10%
43
Apr
Mar
109
No par
10%
Gulf Oil
Sep
33
Tap &
conv
Jun
71% Feb
43
$5
Apr
Feb
60
124
10%
200
111
Oct
May 14
44
12,200
46%
Oct
Not
Year 1946
Highest
No par
Ry
Guantanamo
49 % May
Jun
& Western
Grumman
Jun
49
Common
4%%
Feb
22
No par
conv
L)
Jan
!
Iron
Bay
Green
Greenfield
100%
Va
100
Preferred
Green
800
7%
20 yt
100
Nothern
Jan
7
Jeeb
M0
Rub com__.No par
Grayson-Robinson
$2.25
40 Va
Feb
No par
preferred—
Gt
11
6
Co
Co
200
Apr
com_t
City Steel
(W T) Co common
3%%
29
8
93% Nov
Inc
preferred
Union
Not
20
34
50
Hosiery
3,900
100
92
5
1
F)
Tire &
Gotham
Dec
ll
80%
6% Feb
No par
preferred
Goodyear
103
29% Oct
No par
1
com
Telegraph
(B
16
11 Vb
28%
No par
Brewing Co
&
$5
No par
com
preferred
conv
132
Deo
Range Since January 1
common..
Glidden
Oct
Not
4% Feb
Lowest
preferred
Brothers
Feb
47%
Range for Previous
STOCK
Par
conv
Jan
3% May 17
18% May 19
EXCHANGE
$5
Jan
123
124 Vt
5
Gimbel
135%
Sep
101%
Mar 25
2b
64%
Dec
114
6
Jun
126
54% July 11
131% Feb 25
xl22
125% Oct
99
Apr
Jan
103
156
47% Aug
39% Feb
22
34
100%
*100
*44
14%
27
1,800
*98 V2
101
7%
71%
400
'A
10%
29%
*88
4
11%
28%
*29%
92
19 3
98%
100%
29%
*88
400
11V4
11
101%
*29
*6%
3,100
98%
143
Sep
14% Feb
Feb
Greyhound
*100
100
300
%
31%
100
10%
11
46
106
11%
*63%
31 Va
16
101
32%
144'/a
*63%
Apr
8%
May 19
Apr 28
Jan
Gold
11%
16
*63%
124
11%
39%
*142
28 %
9
80
Grant
99 Va
23%
Nov
18% Jan
Sep
Oct
Co
Granite
11%
23%
13
16
108
Grand
99%
23%
Deo
1
Gillette
Apr
*170
29
YORK
200
1
Oct
300
11%
23%
July
Nov
2,600
*18%
27%
15%
185
99
19
*33 Va
19
27
39%
11% Jun
5
Dec
100
35
35
18%
16 VB
Mar
27%
Graham-Paige Motors
Granby Consol M S & P
19
3912
Apr
168
74%
com—No par
800
28
15%
Apr
14%
109
x35%
com
60,000
18%
39 Vb
71 Va
Sep
8
Corp
6%
27%
*
Sep
10%
13
No par
6%
18%
16
Deo
48
Feb
1
6 Va
28 Vt
39%
104
XI
33
10c
6%
*
18%
34
9
17
13% Feu
84
NEW
Dec
Jan
58% Oct
16
8
No par
Co
67% May
May
21% July
24
17
No par
pid
Jan
May
Apr
100
Goodrich
28 V8
15%
Deo
10
10c
Corp
Goodall-Sanford
29
39%
Nov
13%
100
1,100
98
98
Deo
15
preferred
2,700
19
*11 %
38
7
preferred
25%
6%
6%
35
109
4
20
10
com
Rubber
56%
19%
6%
*33 %
Oct
Sep
Corp__:
$6
Instr
55 Va
101
106
6
35
16
Jun
Corp
25%
106
Vb
*6%
*121
71 it
19
300
48 %
52 %
6%
*33%.
5,800
48
6%
*28%
200
22%
96
52%
56%
%
97
3,600
47%
102%
*20
22 V8
*93
27%
52%
56%
21
27%
46%
6%
22% Nov
37
Shares
54
*101%
103
27%
I per share
48
*122
Mar 12
'
24
preferred
&
43% Feb
4
Sep
•
9% Oct
71
100
Cast
Time
48
8
Utilities
&
Telephone
Tire
Sales for
*52%
•
Steel
105
No par
Corp
Signal
Shoe
26% Aug
100
Refractories
the Week
*47 Vt
52%
6%
17
4%%
Nov. 7
I per share
28
96%
52%
29% Jan
Dec
7
7"%
3%%
10
Friday
Nov. 6
23
*47%
Sep
8
10%
STOCKS
Wednesday
94
%
17
8% Feb
No par
Cement
Equip
PRICES
27 %
97
Realty
% %
4
28%
85 %
22%
6
25 %
98 31
94
53
102%
*83
23%
48%
25%
30%
27
*97
94%
*6%
30%
85
23
53
25
115
99
*94
43
*113
*97%
Monday
Nov. 1
per
*101
24%
114
*82
LOW
Saturday
102%
24%
99
f
Portland
General
24%
20
4% July 22
preferred
4%
*98
20% Oct
1
com
Utilities
27%
*101
26
Service—
4%
113
Nov
1
common
2,900
*27%
114
Adv
3 Vt
4%
*114
14%
2i
No par
16'a
28 Vt
30 31
3
No par
series
19%
4%
30%
Corp
25%
♦127
Jan
Apr
*17 % Feb
12
100
$3.75
15% May
12% May 24
14% May i7
9
5% May 17
18% Jun
50
common
*3
*27 Va
9% Sep
11 %
Corp
16
4%
July
No par
18%
30 %
112
103% Mar 10
No par
com
com
3
28%
Sep
No par
18%
4%
89
No par
Co
17
30%
7
_100
Motors
27%
Nov
100
2%
*25%
Jun
84
5
Inc
18%
13'
48
21
preferred
16%
13%
Nov
Oct
preferred
Outdoor
28%
5
preferred
Gen
Jan
50
com
14%
25%
129 V2
24,100
39
10% May 19
3 %
14
Va
15%
59%
8
Sep
preferred
60%
19% Sep
14% May 21
Instrument
59%
Jan
27% May
com—1
Corp
Mills
Jan
61
Nov
18%
preferred
conv
3o%
16
—1.66%
preferred
3%%
25%
Jan
common
Corp
Foods
$3.50
26% Jan
Apr
2
Corp
Electric
4*9%
22
100
2nd
NOV
Fe»
May
16
Investors
Cigar Co
19%
/b
23
com
preferred
17,400
*98 Vb
127%
*110
1st
4%
20 J
*148%
99
127%
4%
300
150
99
36%
380
26'/.b
*148'/a
38%
36%
80
44
*26 '/a
149%
36 3
4
80
*43
%
21%
22
100
12% Jun
5
Bronze
12%
Jan
Oct
Sep
28
No par
11%
26%
Inc
preferred
12%
11 %
12 Vt
71
17
Transportation
12%
lo
94% Jan
7
110
July 24
29Va Feb 13
Jan
Baking
13
15% Feb
10% Oct
$4.50 preferred
53
130
Jun
17% Feb
preferred
conv
Jun
29
No par
Container
15%
20%
Oct
Sep
Sep
Sep
_No par
Co
31%
e>ep
45%
1
com.
Industries
22%
E-ib
20%
20%
20
15
Apr
t)
Aug 28
Jan
26% Jan
1
common
21%
57
9
May 17
69% May 17
7
Jun
Oct
14
Nov
July
33 Va
8
33% Oct
19% May 17
23% May 23
May
115
13
96
va
__1
common
(The)
81%
43'A
114
5,100
105
/0
Sep
17% Jan
24
46%
100
Co
(Robert)
Co
41% Jan
2u
Oct
60 y8 Feb
10
Malting Co Ine_l
(The)
May 19
Nov
25 Va
25
Nov
16
110% Feb
13
reo
52
-O
3
May 29
34 Va Mar
12% May 20
36% May 19
25
preferred
11%
81 %
*127
6 Va
.
Co
6%
23
15
Nov
Sep
Jau
Feb
__No par
preferred
19%
20%
*110
cum
9%
39
*48%
4%
Trailer
*19%
38%
o
Fruehauf
320
9%
15
*12%
Froedtert Grain &
10
'/•» juii
19%
10o%
39% Oct
14% Jan
100
common
Sugar Co
Sulphur Co
Freeport
19%
31 %
13%
9%
Francisco
9%
36%
13 3
9%
Corp
prior preferred
6%
19%
15 %
150%
26%
*149
9%
4,500
Foster-Wheeler
9%
20%
10%
600
300
pid
conv
19%
15%
54
1,100
13
cum
9%
20 Vb
*177
41
21%
15%
10 >/B
14-/4
12 Va
85
20 %
12%
12
*
21
6
181%
Stores
18
10
21
May 19
14% Jun
No par
Corp
19%
33
*105
14St
40 Va
Vt
b4
19
54
10%
15 Vt
21%
6'A
109
*177
to
89
19 VB
6%
1,800
20%
19 %
*31
%
25 Va
86
15
6%
26%
*25%
21%
14%
33
26%
25%
89
15
%
*31
26 Vt
25 Vt
21%
20%
14%
3%%
89
9%
7 '/a
A
Steel
2b
*15
Va
30
1
13
10%
No par
10
41
10
51%May2u
24
Inc
1172
16
14% May 27
104
c.ass
Sep
No par
Fair
15%
20
uan
Machinery Corp
13
9%
100%
Food
41
*9%
Dec
Food
15%
*19%
7
1,400
13
9%
Apr
107y2 Aug
62% Oct
2,400
15%
10
20
831/2
11%
41'A
DAY
Nov
78
15%
90
70
51
104
to
40%
88%
uct
21
78
*
ELECTION
49
Feb
5
No par
Co
Corp
Shoe
2b
61
to
25 Vt
21%
Fiorsheim
PoilansDee
4
59 % Feb
42% Jun
77
26 Va
21%
4,10o
26% Jan
46% May 27
98
25 Vt
21%
9%
11%
100
21%
Power
2UV4May20
common—No par
No par
Florence Stove Co
Florida
Highest
S per share
10
1
Stores
preferred
26% Feb
$ per share
10
com
77
26 Vt
*12
22%
30%
$4
$ per share
20'/a May IT
100
iTnc)
Year 1916
Lowest
25
Y
Rubber
Carpet
Fiintkote Co
$ per share
5
97
78%
100
26%
89
*9%
11%
*22
31 Vt
25%
16%
13%
*19%
11%
77%
100
23 Va
31%
26'A
41 Vt
*88
11%
79
100
*22
*25'A
25 %
41%
Va
11%
79
26
*12%
21
23
31%
100
100
*25%
23
31 Vt
100
4,000
Co
prexefred
First
14%
32 VB
&
Firth
14%
23%
4% 7e
Tire
500
36 %
31%
Mfg
Corp
Phen Fire Ins N
700
*102
Range Since January 1
Lowest
Highest
Enamei
Fidelity
4,200
*35%
*22
1-erio
Firestone
16%
36%
31%
Tarrant
36 Vt
*35%
23%
&
16%
36 Va
31%
Pelt
35%
104
17
Range for Previous
STOCK
Par
17
O.J
„
*35%
*22
YORK
EXCHANGE
3 J, Vt
e
36 Vb
35%
105'/a
106
NEW
Shares
51 Va
106%
(1901)
RECORD
Sales for
Nov. 7
Sper share
21%
22%
$
Nov. G
106 V2
51%
*106
*
STOCK
CHRONICLE
STOCKS
Wednesday
1
YORK
FINANCIAL
TRICES
Nov. 5
I per share
&
80
July 16
14% Feb
Nov
111
108
3
9%
Sep
30%
July 22
31%
Oct
78%
56 Va
Sep
78
Apr
Jan
Jan
Jan
May
~
—
H
*36
37
15%
*36
37
*36
37
15%
*15%
16
*
15
15
*15
15
98
98
*98
99
15%
15%
*15%
15%
*15%
15 Va
*97%
99
*97%
99
■
*106
107%
*106
107%
24%
24%
*148'%
153%
*150
154
'32%
32%
33
33
7%
*85
■
7%
24%
24%
*85
8%
8%
8%
8'A
*26%
24%
*92
*37,
*104
12.7
105 Vb
8%
26 Va,
*24 %
.,
25%
*92
25%
;38
8%
;•
95
„
32%
86%
8%
95
*37
37%'
..*.104
For footnotes
see
*7%
*85
*8%
8
26%
8
107%
25
*97%
107
24%
154
*150
33
*32
*7%
*85
8%
8
86%
*7%
85
154
33%
(W
4%
F)
Watch
Hanna
(M
A)
Co
Harbison-Walk
6%
500
Hart,
8
400
Hat
85
10
4
8%
8%
8%
700
Hayes
Industries
8
8
8 Vt
4,100
Hayes
Mfg
26
26
2 6'A
1,600
Hazel-Atlas
26
94
*25
25%
25
*92
.
94
*36
36%
36
*104
105 VB
104
*92
25
94
36%
104
800
80
500
50
Hecht
Co
3%%
Heinz
n
/Mtiri
38
Not
4
15
Oct
17%
Oct
22
105 Va
Jan
109%
15
20 Va
Sep
Jan
27
151 Va
Nov
39 V2 Jan
6
104
Apr
15
108 Vt
Sep
com—No par
19% Apr
17
26% Oct
148% Oct
30
10
1
28'A May 19
6V4 May 19
85
1
6
2
Nov
7
May 19
1
25
4% May 19
25 Va May 16
15
22
May 21
i—,
100
93
Nov
Co
25
common
"
100.
35.
104,.
160
170
Apr
Aug
60 % May
10 Vt Feb
3
8
Oct
18%
7
99
Sep
106 Va
p
8
Nov
20%
Apr
9% Oct
24
5%
Nov
15%
Jan
35% Jan
8
29 %
Oct
36
Dec
51
May
30% Jan
May 16
Nov
108
28 Va
2
14
5
Nov
33
Apr
34% May
100 % Apr
12
Feb
103% Apr
42% Feb
5
Jan
12
par
100
Aug
119
4
class A
24
26%
Oct
Feb
pfd—No
40 Vs May
103
112
common.
Co
11
Jan
17
Inc
Glass
Jan
19% Feb
19
Oct
Corp
J)
30
97
!
preferred:
(H
16
Jun
14% May 27
100
Marx
Corp of Amer
preferred
Apr
14
100
$4.25
preferred—
Sehaffner &
% fr
33
5
No par
com
Refrac
7%
8%
25
Co
preferred
conv
8%
26%
104%
Vt
*32
25%
104
16
*35%
*150
86%.
36
15%
24%
32%
25%
*35%
36
*106
154
93
105
page
107% 107%
25
24%
*150
7%
7%
86%
*8%
36
13
July 14
101
•
41
103
Nov
Nov
Va
Dec
Dec
Jan
Jan
109% Mar
44
105%
Dec
Dec
24.
rr*
ff
18
(1902)
COMMERCIAL
THE
NEW
YORK
&
FINANCIAL
STOCK
CHRONICLE
Monday, November 10, 1947
RECORD
STOCKS
Saturday
Monday
Tuesday
Nov. 1
Nov. 3
Nov. 4
S per share
*53
*54%
55
144
145
share
56
*54%
145
*143%
145
$ per share
$ per share
$ per share
54%
55%
19%
19%
20
19%
19%
56%
56%
55%
56%
55%
56
130%
32%
132
121
*130%
33%
33%
33%
120%
*129'%
Helme
400
10
145
(G
1%
Hercules
130
30
33%
34
1,800
118%
119
400
5%
$4
12%
12%
12%
12%
12%
12%
12%
12%
9,100
Hilton
31
30%
31
31
31
31
31
30%
30%
500
Hinde
28%
28%
200
24%
24%
3,700
*27
28 %
*24
24%
*16%
18
28
25%
28 %
24%
24%
17%
*17
20%
20%
42
42
41%
41%
41%
17%
17%
17%
49%
31%
31%
Wa
17%
17%
*48
.
20
42
42
17'%
30%
18
20%
42%
42 %
18
18 %
30%
"Iff
1ft
1'%
1%
1%
97%
98%
96%
96%
96%
96%
*96%
40%
41
40
40%
40
40
40%
22%
23
^
1%
Sugar
Household
Common
91,900
3%%
110
2,800
23%
22%
23
23
23%
5,700
26'%
25'%
25'%
25
25%
600
Howard Stores
*36
36%
36
36
35%
35%
35»%
35%
35%
600
Howe
4 %
14,500
35%
35%
35 %
35%
*8%
9 %
20%
20%
x20 %
21%
21%
22 %
5%
5%
5%
5%
33%
26
*60
*96%
*22%
33%
26%
20'%
19
19%
19%
19%
12,700
22%
21%
22
22'%
22%
2,400
Hunt
5%
5
4%
5%
6,600
Hupp
33%
33%
33%
4,300
25
25%
25
25%
25
25%
12,100
59%
59%
58%
59
58
58
600
96 %
*96%
98
96%
96%
98
70
96%
*22%
15%
15%
*22
23%
*22%
*9
9%
9%
9%
22%
23%
1G
46%
174
40
40
7%
46%
104%
3%
88%
170
3%
14
88%
170%
56%
*99
*11%
174
*170
40
45%
3%
3%
88%
169%
171%
7%
169%
7%
4%
28 %
134
31%
83 %
83%
83%
*3%
28
56%
101
55%
*99
12
4'/a
3%
28 %
*133%
134
56 %
54'A
101
*99
12'%
*11%
112%
112%
3%
29
53 %
111%
111%
53%
*53
54
*52%
53%
*52%
53%'
41%
41
41
41%
41%
*40%
41 '/4
*35
12%
*12%
35%
12%
60%
61%
36 3
*35
12%
4
*25%
*54%
*147
*35
13%
13
12%
23
23
26%
56
25%
*54%
153
*147
56
'55%
153
Monday
Nov. 1
Nov. 3
$ per share
*149
9 V'a
9 V'a
9%
*22%
22%
*22%
*95
96
*45
101%
43%
*115
*27%
*103
101%
43%
121
34%
*92
37%
45%
*100
28 %
111
12%
12%
12%
23
%
26
26
12%
12%
57%
57%
149%
60%
9%
International
Silver
Foreign
60%
Island
10
$6
Creek
35
Oct
45%
Jan
Oct
85
Jan
Aug 22
87
Sep
99%
Apr
14%
Oct
37%
Jan
6%
Oct
16 %
i:,fl Nov
17
23
July 17
11%
Sep
22
36
Sep
21
116
Oct
174
July 29
Apr 19
180'% Feb
18
168% Mar
33
Oct
21
33%
Sep
12% May 19
17% Feb
13
13%
Sep
No par
6% Sep
30
35% May 17
100
103
No par
42
8 % Feb
8
Jan
9
50
3
No par
No par
1
com—No par
15
com
No par
Nov
6
May 19
9% May 19
192% Apr 29
70
Jan
13
16% Nov
108
Mar 21
7
Feb
95
July 14
12
22
96
66%
Jan
90%
Friday
Nov. 7
the Week
$ per share
8 per share
9
9
100
*98'%
43%
27%
106
Feb
Feb
136% Apr
2
59% Oct
133
22
38%
Sep
12
95%
Oct
Feb
18
11%
Nov
Feb
20
101%
Sep
58% Feb
5
107 %
44
Aug 25
28
Feb
7
4%
34%
33%
*92%
93 %
92%
92%
*92 '/a
37%
93'/8
*92%
37%
37%
35%
37%
35%
36%
36%
34 %
93'%
37
100
5%
5,000
Dec
55%
113
Aug
26 % May
125
July
52%
Sep
70% July
36
Oct
49%
Jan
Aug
39%
Nov
60%
37
Dec
42'/a Aug
Feb
31%
60% Nov
7
1
common
38% May 20
143% Jan
2
153
Aug
1
39%
141
Range Since January 1
common —No par
pfd. _100
common—.No par
preferred
Highest
$ per share
$ per share
Johnson
163
Jun
6% Jun
lo
21% Sep
25
92 % Nov
7
39% May 20
13% Feb
Lowest
53
Jan
2
100
100
Nov
6
104% Sep
8%
37
Jun
2
46'% Oct
45%
Deo
Dec
NOV
24'%
108
Jan
July
59'% May
16
110
100
Highest
$ per share
2
No par
com
$ per share
14
24% July 28
4
104% Feb
100
Corp
50
Deo
Year 1946
Lowest
1
Inc
Dec
July
Aug
Range for Previous
STOCK
12%
common
Jones & Laughlin Steel
12,600
Feb
Feb
2nd preferred series A
& Chicago RR stamped
Joliet
93 %
&
Sep
148
34 %
preferred
Johnson
900
Aug
Deo
Co
Co
Aug
11%
42%
20%
cumulative
3 % 7o
27%
106
*150
Va
Tea
101
Oct
63% Oct
i
Johns Manville
Dec
19
Cent Pwr & Lt 4%
3%%
40
5,900
Jun
Oct
40
Par
121%
27%
*103
*150
34
44%
*117%
121
*27%
*103
100
43%
Apr
26'% Aug
Jewel
42%
Apr
15%
45
May 17
400
100
202
20
45%
*117
Dec
Oct
Sep
No par
YORK
I)
Jun
4%
40% May 19
EXCHANGE
(F
102
Apr
Shares
Jacobs
Nov
31%
Coal
NEW
Jun
28%
116
9% May 17
9% May 17
6%
27
Feb
250
8
104% May 16
46% Apr 23
26
29
175%
Feb
Jan
8
16
Jim
May
5% Feb
May 19
2
112
36 % Feb
32
par
195
11
34% Oct
37% Jan
May
13%
13
Feb
11% May
20%
10% Feb
3
22%
Oct
186% Jun
Jun
Jun
59
Deo
7
38% May 19
Jun
Aug
44%
5%
May 19
3'% May 17
27% Sep 30
130% July 9
Aug
Jun
190
7% Sep
35% Nov
105
Jan
54
10%
22 % May 19
83 % Nov
5
6
22%
151%
11
225% Feb
Jan
May
15 % July 24
25
common
preferred
Sales for
36
Sep
5
47% Oct
x35% May 20
Apr
18%
41
50
*44%
35
44%
7
23
Dec
45%
34%
Sep
Feb
Nov
45
35 %
31%
30
Nov
45
*150
1
39 V\ Aug
14%
45
28
Jun
136'% Oct
No par
Jaeger Machine Co
106
10%
14%
Jersey
28
Sep
23%
160
•
Jun
5Y4
11
400
*103
49%
8
7% Feb
11
2,000
28
45% May
34% Mar
Oct
11
8%
106
Oct
25%
17% Feb
93%
28
Sep
14%
2
17% Feb
22%
43
33
15
Jan
26% Feb
8%
101%
3
21 % Oct
14
92'%
121
14
Jan
43 % Feb
30
6
12 '/a Jan
Feb
Jan
25
Apr
22'%
42%
7
60%
12%
Deo
19
94
*100
22 % Nov
Nov.
par
11%
No par
22%
*115
3
Oct
Oct
No pax-
22%
DAY
13% Mar
5
ctfs
94
ELECTION
47
28
Apr
July
Stores
22%
43'%
Oct
30%
7 5/a Feb
May 27
Telep & Teleg—No
share
Dept
Intertype Corp
600
153
24%
38% Mar 28
Jun
30
25
Interstate
300
Oct
107
preferred
International
llT%
14%
25% July 24
10 % July 17
30'% Jan 25
100
2,300
200
Dec
29
16
7% May 19
1
Shoe
1,700
99%
Oct
Jan
A
preferred
15,800
Jun
15
9
12%
35%
97
100
12%
Sep
21
20
International Salt
23
27
Jan
No par
7%
6
93
^No par
Paper Co
preferred
5%
May 19
Apr
100
loo
94
121
May 14
12% May 19
15% May 23
3% May 20
Feb
Oct
16
28%
52%
26 % July 24
29
Feb
5
May 19
7% May 16
30
1
Oct
Nov
63 % Oct
100
22%
45 %
Mex, S
Canada
Jan
12%
46
18% May 19
37% May 21
Mining Corp
of
International
Nov. 6
9V4
20% May 19
31% May 19
1
21
STOCKS
Thursday
Nov. 5
$ per share
—100
—
common
J%\
Feb
100
Machine
800
27
*147
20
common
f
27
149%
25
Rubber
Apr
May
30
.1
De
34%
3
45 % Jun
preferred
Nickel
$4
_
41
*22%
105 % Sep
Int'l Rys of Cent Amer com—No
par
35%
22
5
37% May 21
16% Jan 16
t c
v
International
130
53 %
*35
6
96% Nov
Preferred
10
59%
ft Nov
100
—No par
No par
International
Int'l
200
x58%
36
i
93%
*150
35 %
10,400
12
41
56
11
100
PRICES
Wednesday
9%
55%
101
*52%
19% Feb
15
28% Jan
6.66%
22%
*103
106
SALE
8 per share
101%
43
*115
*150
HIGH
55%
150
50
61
12 %
*
134%
111
.
56
13% May
46% Apr
19
50
,
com_
1
95
94
45'%
AND
Tuesday
Nov. 4
f per share
26
111%
Sep
No par
No par
com
Hydro-Electric Sys class A—25
Mining & Chem common
5
4%
400
55'/a
34% May
Preferred
19,200
35%
*35
13
23
*25%
25'%
60%
13
13%
*22%
LOW
Saturday
36%
12%
12%
23
23
61
60%
3%
29'/a
*11%
Sep
23
i
Harvester
Int'l
100
*134
22
13
Iron
Business
Int'l
1,600
83%
*99
41'%
60'%
2,300
*3%
11%
*52%
<
780
7%
31%
28%
55%
112%
*111
6,300
Int'l
*78
83%
4%
101
11%
Int'l
168%
7%
134%
*99
12%
700
31
29 'A
134
217
167 %
7%
31
112 %
60%
170
Interlake
168 %
25
35% Jan
5
Intercontinental
*78
56
101
12%
500
2,700
7%
Jan
Jun
17
12.50
Consol Copper
Insuranshares Ctfs Inc_Interchemieal Corp com
4%%
preferred
4,500
89
25
48
No par
100
3%
30%
29%
134
46%
103
88%
40
May 28
May 19
No par
13%
88%
Dec
Co
3%
*210
18
preferred
13 %
219
20
common
3'2
167%
3%
28%
134
103
20% Oct
Electrica
13%
87%
32
*80
85
32 %
104
217
7%
32
*45%
37%
Inspiration
700
May
41%
Oct
1
3%
89
168
8
46
1,000
7
*43
Sep
Texas
13%
3%
14
88
16%
7
Nov
22%
Industrial Rayon
6 '/o
May
21%
Inc
Inland Steel
39 %
2
Indianapolis Power & Light—No
Rights
6,000
Jan
Oct
26
£9
Corp
Ingersoll-Rand
146%
22
4
3
Jan
8,200
Industria
Nov
31% Jan
5
900
123
29
1000
200
Apr
Apr
139
14 %
preferred series A
Leased lines 4%
1,600
29% Jan
72%
Sep
Jan
22% Apr 17
21% May 20
6Vo
62,800
46%
130
10
1
Illinois Central RR Co
174
16%
7%
46
219%
16%
Feb
stock ctfs series A
15%
40%
13% July
32
Illinois Terminal RR Co
127
40
5
11
3,200
45%
45%
40%
*7
104%
219
89 %
16%
103
13%
219
218
*170
45%
3%
14
174
39%
1,
(if
*15%
*126
16%
45%
15%
46%
127%
*170
22%
1
46 %
7
*103
4
%
1
%
*125%
40%
7
45 %
104'
174
16%
•
7 %
103 %
47
127%
40%
16%
*7
8 %
32'%
*3%
28'%
*133%
16%
13%
216%
8
32'%
*80
39%
15%
15%
46%
126%
*170
16%
*7
47
130
22
22%
i
1<>
.
15%
46
*127
130
13%
22%
a
5
Mar 21
Jan
5
Corp
RR
Feb
38%
5
Co
Foods
Aug
17% Nov
(A)
Idaho Power Co
23%
9%
%
*170
*96%
23%
9%
—
*215
33%
9'/a
23%
16
9
33%
*22%
24
23%
*45
5
192
23
33
5%
Jan
Dee
Sep
Jun
3
19%
DAY
90
169%
8
20
5 %
non-cum
preferred
100
Hudson Bay Min & Sm Ltd—No par
Hudson Motor Car
No par
3,100
Oct
22
(Del)
Manhattan
&
61
Jan
22% Feb
26
common__100
22%
ELECTION
of
Sound
Hudson
10 %
36'%
33%
8%
*102
*9
36
59%
23%
16%
10
36
26
8%
46%
*8%
36
36%
33%
98
*125
4
25%
r59%
23%
*15%
*35%
4
33%
61
24
4
9%
36
20%
*21%
4%
Oil
Houston
Oct
29
165
10% Jun
10
rights
22%
4
5
preferred
25%
4%
Sep
Houston Light & Power
23 %
4%
134
118
Jan
5
Finance
25%
*9
29
Highest
$ per share
25
Corp
23
4%
Sep
Mining
*25
10%
38
The
E)
25%
*9%
134
30
$ per share
68
5
Houdaille-Hershey
$2.25
preferred
3,800
41
(C
*25
*4
63
5
32% Oct
Paper Co
Furnace
Homestake
10,000
98%
41
Co
Holly
49%
30
99
1.78
9
129% Nov
Corp
Dauch
Holland
1,600
*48
29%
Hires
900
*40%
l/ir
50 % Sep
Inc
Hotels
&
Hollander & Sons
100
*98
Wa
14% May 17
com_No par
No par
preferred
Hewitt-Robins
900
20
49
29%
26
*17
18%
*48
49
29%
31%
19%
•
17%
*48
49%
30%
17%
42
20
25
17%
20
20%
*25%
29%
24%
17%
20%
*48'
*27%
28
24%
*27%
*16%
26
25%
26%
100
No par
common
Chocolate new
conv
26
26
$ per share
52% July 3
143 % Oct 11
preferred
Hershey
12%
26 %
$ per share
Lowest
No par
Powder
11%
*26%
25
Motors
Hercules
130
Highest
100
500
1,800
34%
Year 1946
Lowest
preferred
non-cum
18%
55%
130%
Range for Previous
Range Since January 1
common
18%
26
*30%
W)
55'%
119
118%
STOCK
Par
19%
34%
34%
YORK
EXCHANGE
Shares
54
*143%
NEW
56
55%
120
120
54
145
*18%
130%
129%
132
33
120
the Week
$ per share
54%
*143%
145
*19%
119
Sales for
Nov. 7
Nov. C
Nov. 5
$ per
Friday
Thursday
Wednesday
100
May 19
125 % Oct
16
Oct
29
preference series A
Sep
109
May
115%
Mar
150
153
Apr
34% July 28
31
112
Jan
11
27% May 17
39
Feb
8
100
com—No par
111
140
24% Sep
106
31%
Nov
53%
Feb
Feb
Feb
100
92% Nov
5
101% Feb
18
99
Sep
108
i
Joy Manufacturing Co_.
25% Jan
3
40% Oct
20
18%
Oct
34
May
Apr
4
22% Feb
10
17%
Oct
36
May
29
108% Mar
K
17
*100
21%
*50
17%
17
17
101%
21%
52%
17
101%
21%
*50
101%.
21%
52
17
17%
*17
17'/4
20%
*50
102%
101%
21%
20 %
52
*48
17%
17%
17%
17%
17%
24 %
24%
24
24
24
*19%
19%
*18%
46%
46%
46%
48%
47%
101%
20 3
4
52
17%
*47%
17%
500
101'%
20
20%
2,200
Kansas City
2,100
4% non-cum preferred
Kayser (Julius) & Co
Kalamazoo Stove & Furniture
Kansas
*101%
25 Va
*25
*16%
%
*100
20%
*48
17%
24%
3.8%
50%
17%
*24
17%
19
24%
700
19
19
19
19 %
46%
19%
19%
900
46%
47 %
46 %
47'%
47 %
47%
12,100
*47%
48 %
24
48 %
48 %
23%
24
2,100
*108 %
109
47%
*24'%
24%
24 %
24%
*108%
109%
"108%
109%
48
24%
109
48
24%
110
23%
109
110
Class
15%
14%
14%
220
*14%
4%
15%
78
*14%
78
15%
15%
100
*76%
78
Kinney
*76
35%
36
77 3 4
76
77%
10
35 %
34 %
34%
4,400
99 3
98 3
*98%
99%
35%
34 %
(G R)
99%
99%
38%
38%
39
38%
39
50%
28%
*49%
50%
38%
39%
50
50
2,100
*49%
51
50 3 4
*49%
50%
600
Kress
50%
50%
X48%
49%
49%
49%
800
Kroger Co
5%
6,800
*50%
5%
51
51
99 3
4
26
*11%
*51
5%
51/4
5%
10%
*10%
51%
10%
10%
10%
26%
*10%
*10%
25%
25%
25%
25%
25 %
12
11%
54
*43
*50
44%
5%
ll7a
53
44%
5%
26%
*96
96%
10%
10%
10%
10%
10%
10%
37%
37 %
37 %
37
37
5 Va
5 Va
2%
2 Va
*25
38
*25
40
21 %
*20%
213 a
*6%
6%
*6%
47
7
5%
2V4
*20%
11%
500
2%
*25
20
5%
2%
40
20%
*51
(S
&
For
Gas
44%
44%
700
Lee
26%
26 %
26%
500
Lees
96%
96%
*96
97%
10
10%
10%
10%
10%
3,100
X36%
36%
36%
37%
1,600
5'%
5%
5'%
900
2%
3,400
2%
*25
2'/4
40
*5
*2 %
*25
40
_
19%
19%
19%
19%
700
6%
200
6%
6%
*6%
6%
*6%
Rubber
&
(James)
100
1
No par
10
common
4%
ser__100
Lehigh Valley RR.....
Lehigh Valley Coal
47 %
46%
47
1,500
Lehman
Corp
12%
12%
12%
1,700
Lehn
Fink
116% Feb
13
108%
25
Dec
7
15%
Feb
29
Jun
6
82
Dec
100
Aug
May 19
38 '/a Oct
Oct
46
Jun
102'% Aug
5
96
Dec
101
Sep
40
Oct
22
33
Nov
59
Feb
4
43
Sep
45% May
62% May
52% Oct
21
43%
Oct
65% May
4% May 19
7
Feb
16
5%
Sep
11%
Dec
14%
38
Sep
68
8
13%
Nov
20%
102%
9
31
14% Feb
50
No par
com
10
26%
3
Jan
_
May 20
49 % Jun 19
56
Feb
8
52
Dec
38
56-% Feb
13
49
Sep
May 15
21% May 19
30% Feb
9%
Corp
Jan
Oct
May
Sep
Apr
82
Apr
Jan
4
Apr
2
12% Feb
13
10%
Nov
17%
lo
44% Jan
9
34%
Sep
4% May 17
1% May 19
8% Feb
7
6%
Sep
55% May
17% Jan
96
9 %
Oct
31
May 20
30 % Jun
101
„
2%
Oct
3% Feb
11
14% May 19
5% Jun 17
25% Feb
13
9% Feb
11
6%
Oct
1
preferred
Dec
95% July 14
Jan
(The)
Prod
108%
Feb
Jan
14
10
Apr
May
Aug
20
44
100
Feb
85
7
38 Va May 19
50% F^o
10
41'/a
Oct
65%
5
12
24
6
21%
Oct
33
50
_
&
104% May 19
11% May 20
65% Jun 17
29
1st .preferred—No par
50c non-cum 2nd pfd
No par
12%
30%
29
non-cum
47%
55
Nov
40 % Apr
-25
13
Jan
21%
23% Sep
_
48%
60%
32%
10% Nov
.
12%
Sep
13
3
5
Jun
26%
13
Jun
50
Jun
67
27% Feb
45
..No par
40%
Dec
49% Feb
No par
..
Oct
Sep
15
16
16
3.85% cumulative preferred
Lehigh Coal & Navigation Co
Lehigh Portland Cement
47%
2
18%
45
15
75 Pesos Mex
Sons Co
Non-cumulative
11
24
Apr
Jan
3
$3
52'% Jan
39
34
4
17% Oct
22% Jan
No par
pfd
28% Feb
41% May 17
No par
Co
Tire
&
2
10
com
13 %
41
_
45
26 %
48
24.
Jan
common
Bryant common..
4'%%
preferred
13 %
page
Jan
30
(The)
47
see
34%
Nov
Light Co
6%
Co
13%
footnotes
Sep
11%
(The)
47%
13 %
19%
15
Co
II)
Consolid
Lambert
54
8
21% Oct
Co__.Nopar
Lane
54
44%
26%
37%
*2%
11%
*44
44%
26 %
53a
12%
*51
44%
*5'/a
500
1,900
53
96%
(S S)
Laclede
10%
25%
La
26% Feb
13% Jan
com—.No par
Cumulative preferred
Kresge
10%
*51
*26%
80
25%
*12
V6
5%
98
11
12
26%
4
5%
4
25%
12
963
26'%
*96
4
39
20% May 17
preferred
Co
Koppers Co Inc
38%
99 %
58'% July 24
prior preferred
*49%
99%
2nd
conv
$5
5
16
May 17
47'% May 19
13% May 19
No par
Wire
Jun
class A_„l
conv
Corp
14
101% Oct
5
100
Copper..
Kimberly-Clark
36%
No par
com
1
Keystone Steel &
78
35
Southern
B
Kennecott
300
10
Co—
100
Kelsey Hayes Wheel
*77
*14%
Power & Lt
preferred
*14%
36
City
5%
Jan
49%
Aug 18
Jan
Jan
64
18%
Nov
38% May
15%
Apr
Apr
Jun
May
Volume 166
Number 4645
THE
COMMERCIAL & FINANCIAL
NEW
LOW
AND
HIGH
SALE
Monday
Tuesday
Nov. 1
Nov. 4
Nov. 5
share
20
S per share
I per share
$ per
Thursday
the Week
t per share
19%
20
19%
19%
19%
19%
19%
54%
53%
54%
53%
54
54
54
9%
9%
9%
*37
x9%
38
9'A
9 %
*36%
37%
36%
36%
90
35'A
<*5%
90%
90%
91
91 'A
90
91
x88'/a
89
800
36
90
35'A
9%
9%
177%
179%
*44
*177%
45%
179%
*44
*177%
45
179%
177%
45'A
*44
177%
44
11
10%
11%
10%
58
10%
10%
57%
58%
58'A
58%
58
31
58%
31
31%
30
31
29'A
31
21 '/4
21%
93
13%
22
22%
*90
13%
21%
21%
95
*90
-j.
93
300
3,200
j
50
44%
<JX
100
l.OUll
13%
12%
13'A
12%
12%
12%
12"%
19'%
20%
19%
19%
19%
19%
70%
71
70
70 %
69%
70'A
26%
26%
25%
26%
18
43%
43%,
*26%
22%
22%
100
22%
18'/a
158
*24%
18'A
158%
2"%
?^%
43%
43'A
43
43
14,200
3,600
1,100
18'A
2,800
160
227/a
Inc
%
•70Q
42%
1,000
nitisvH'ie Gas & Eleptric
Louisville & Nashville™
42%
X.OUJ
Lu..
preferred
2u
99
99
99
99
;
5Q
4%%
cum
22%
21%
pfd
22
21'A
21%
2,900
Lukens
Steel
22
%
aw
,4
r4UsJ
/
d
Hussein
38%
*37%
38%
*37
38%
138
*58
59
57%
57%
56%
35%
35%
36'/a
36'A
108 '/8
*37
57%
35%
35%
*134
138
*107%
108
*107%
*12%
13
*12%
*19
19%
*12%
*435
138
107 %
38%
*132
138
56%
39
138
36
*105%
13
*38
*135
56%
35'A
107'%
*12%
107%
MacAndrews
6%
56%
56
35%
*105%
1,200
1,500
35%
107
A__No par
50
series
1
com
A
;__100
10
12%
200
19
19
19%
19%
60O
13
13
13
13
12%
13
*435
500
*435
500
12%
500
"12%
37%
Jan
96% Jan-
2
83
July 25
183
Aug 29
93
Apr
12% Oct
14
Oct
28
102
May
210% Mar
SepDeo
37% Dec
65%
Apr
43
66
Feb
14
60% July 14
Nov
Oct
7
9
109% Feb
23% Nov
43% Jan
99
Dec
10% May 17
20
Feb
20
18%
Dec
19
27
Feb
13
25% NOV
41
Jan
94
Aug 8
58% May 19
16
Nov
6
23 'A Nov
7
40
28 % Oct
53
Jan
31
64
17%
24
120
x20
Deo
Feb
7
29% Oct
14
101% Aug 22
26% Oct 14
Jan
72% Feb
43% May
Deo
14
Aug
32%
Nov
97
Jun
31% Jan
197
24% Sep
45% Oct
20'A
Jan
Apr
May
35
Nov
160
Aug
45%
Oct
3
29
Jan
29% Jan 31
May 14
13% May 17
5
21% Jan
172
aP/j May 19
97
4
79% Feb
12'A May 19
17% Apr
158
*435
pfd
600
500
11%
11%
11'A
11%
11%
11%
*24%
11'A
25%
11%
11%
25%
25%
26'%
26%
*25%
5%
5%
5'A
5'A
22%
22%
5%
5'A
21%
22%
5 '/a.
3,200
Maracaibo
21%
21%
2x '/a
21%
7%
20%
7%
20%'
2,100
7%
7%
Marathqn
7%
7%
7%
7%'
4,200;
Marine
14'%
15%
15'/4
15'/2
15%
15'%'
1,280'
26%
26%
26%
26%
2,400
7%
7%
*14
14%
27%
14
14
27%
27
2 (
102%
*101
101
101
*16%
16%
21
1"5%
-
21
56 %
20%
\'2
27
100
16%
21
56%
33%
56
56%
56
24
24%
24
34
34
184
*183
44%
44%
93
93
93
Sep
108
July
30%
93
93
*90
13%
13%
*43%
13%
44
44
112%
*41%
42%
*27%
Jan
23%
14 %
112%
*111
28
28%
27%
99'%
99'%
41
*98%
41
41'A
41
41%
41%
27%
*26%
27%
*26%
52%
*51%
52%
34 %
51%
34%
51%
34 %
34 %
33%
34%
98%
98%
98%
20 %
*19%
20%
*24%
112%
99%
42
26
*24%
26
21%
21%
94
94
48%
*46'.'4
51
50%
51%
600
33 %
34
33%
33%
2,200
24%
25%
25%
300
21%
*21%
21%
1,200
93%
93%
93%
47%
*46
47'%
23
23%
19
19
60 'A
62
65
16%
17
17%
*43
16%
17%
43%
*43
43%
43
43
*47
48
47%
*96%
97
*96%
*42
43
42%
103
LOW
Saturday
Nov.
Monday
I
Nov. 3
share
per
$
per
16%
17%
16%
43%
43 3
43 %
4
*38%
39%
39 %
*140%
141%
141%
13%
14
13%
9%
9%
59 %
59 %
*100
9
%
64
12%
50'%
39 %
13%
102
119
49%
50%
39 %
38%
39
11'A
11'%
11%
11%
4 %
29
*28%
61
14%
25
22%
21%
20'A
*19%
25%
108
*13
60%
14%
25
25%
*107
30%
26
*106%
21%
20
25%
107
16%
44
39%
a
58
*99
64%
12%
*117
142%
14'A
8%
58 %
102
65
12%
119
47 %
49%
4%
4%
4%
4%
14%
15%
38%
38'/2
11%
11%
28 %
29
16%
1C%
1,700
43%
44
5,800
28
38
400
141%
14
8%
58
142%
14%
99
1.900
Minn Min &
12'A
12 %
9.700
Minn
117%
118'%
150
50%
15,100
4%
2,200
50
4%
70
17
17%
22%
24%
27
27
26%
27'A
11%
11%
12
12
11'A
11'A
13
*12
11%
13
32
31%
31%
32%
32%
32'A
32%
179
*25
*173
26%
Moline
Power
Mission
175
*25
39% Nov
105% Feb
20.
46'A May 9
30% May 19
98% Nov
1
28%
60%
123
*28
60%
121 %
28%
100
61%
5,600
122
800
25% Feb
21
20
8
22
Oct
36
Jun
23 % Oct
28
18%
30%
Apr
105% Feb
11
Sep
Sep
Monarch
56%
30%
30'A
31'%
60
60
60'A
62
56%
56%
$3.25
103
Feb
5
43%
Oct
25% Jan
7
20 %
Oct
16
May 19
24% Jan
6
18
Oct
35%
Jun
Feb
8
61
Nov
105%
Jun
19% Jan
28
18%
Deo
pfd_100
5
55% May 17
13 % May 20
41
Mar 21
43'A May 19
96% Nov
7
35% May 21
102% Oct 30
STOCK
50
73
Montgomery Ward
$2.50
3
36%
Sep
10
54
Sep
3
97
Deo
39%
Oct
77
May
110% July
61 % Jun
Nov
113 %
47% Jan
30
111% Aug 18
104
25%
25
25%
25
25
14%
14%
14%
14%
14%
2,700
24'/a
24%
24
24'/a
42%
24'%
"1,100
Motor
21%
22
22
21%
21%
900
Motor
Wheel
19%
19%
18%
19
18%
18%
2,700
Mueller
4,100
Mullins
25%
24'%
25
24'%
24%
106%
*106%
107
*106'%
107%
110
110
110
'
*110%
20
•
112
1,500
1,900
70
14%
14'/a
14%
14'%
5,400
42%
*41%
42%
*41
42%
100
55%
55%
55%
*55
57
200
13%
$7
4%%
Myers
Feb
32
Nov
45% May
62 % Jan
140
Oct
15
66% Jan
7
114% Feb
25
105 'A
Dec
29
40%
Apr
3
100
98
Nov
7
51'A Apr
16
1
7
104
com
May 19
Jan
13
28% Mar 11
No par
3% May 19
11% May 19
32% May 19
-100
5
A___No par
Co
Lines
No par
48
156
68
Mar
Sep
14% Oct
123
8
Deo
Oct
68'A
Apr
119% July
60
Dec
18% May
Oct
129
Mar
56% Oct
20
28
Sep
44
May
Feb
3
8
17%
5% Oct
Jan
25% Feb
7
19
Oct
52
Jan
51% Jan
2
42
Deo
70
Apr
May 19
13% Feb
14
11%
Dec
23% July
23'A Sep
8
49% May 17
110% May 16
Feb
17
63% Feb
3
128% Feb
4
8
49
May 19
32
64% Feb
8
34% Oct
11
67
24
May 16
26'A July
9% May 19
17
May 19
19% May 19
14% Nov
27% Oct
20
3
45
Apr
64
Dec
Deo
Sep
135%
Jun
57 %
Deo
104 %
May
20
Nov
30%
Apr
50%
Sep
62
Jan
3
27% Feb
28%
43% Sep
111%
1
1
Jan
3
1
17% May 19
14% May 19
No par
103% May 26
5
10
1
35
May 29
Apr 14
-100
108
Mar 26
10
9% May 17
_50
37% Jan
2
No par
Bros
8%
July
26% Mar
Sep
20%
No par
5
com
45
14%
Oct
100
52% May 19
No par
preferred
9%
14
10
common
173
10% Nov
Feb
Oct
50
com
class B
&
6
18%
31%
24
preferred
(F E)
4
14% Oct
com
Murray Corp of America
4%
21
14% Feb
Co
Munsingwear Inc
Murphy Co (GC)
Oct
42% Feb
Highest
S per share
Oct
6% May 19
47 % May 27
com
Corp
Corp
Co
preferred
10%
10% May 19
3
Mfg
5
33
Apr 30
29% May 19
136'A Jun 18
Inc
Brass
18 % Mar
No par
Products
21%
Motorola
Lowest
$ per share
No par
preferred
Morrell (John) & Co
14%
700
$ per share
10
No par
cum
25%
Apr
Year 1946
Highest
$ per share
12% May 19
20
&
32% July
52% Apr
65% Jan
Lowest
com
Moore-McCormack
700
57% Aug
26% Nov
47% Jan
103% Mar
Range Since January 1
vtc
series
8,500
107% Aug
Jun
May 20
Range for Previous
Chemical Co
4,200
•
Apr
44
10
preferred
35%
Nov
20
Co Inc
1.25
Machine Tool——No par
Monsanto
Jan
Jun
31% Feb
No par
RR
69
56%
108% Mar
Deo
102
17% May 20
Hosiery
■
x60 %
*120
Dec
24% Sep
9
16% May 19
88% Jun 23
1
preferred series A
26%
16%
17'A
16 %
23%
23%
*23%
26%
26'%
26'%
26%
11%
12
11%
11%
11%
*12
11%
12%
xll'/a
12
%
16%
24
16%
50% Jun
10
180
Nashville
700
National Acme
25
Oct
9
27% Oct
20
107% Mar 14
15% Feb
10
40% Feb
10
112
15%
Oct
34%
19
Oct
36
14%
Sep
22%
Oct
109%
Jan
May
Mar 28
102
13% Sep
32% Oct
Jun
Feb
27% Aug
49
May
Jan
29
15% Feb
11
108'A Jun
9% Oct
44% Feb
13
33% Nov
55%
Feb
56
29
50
70
Jun
Jan
114% Jan
22
Deo
Jan
11'A
11%
900
11'/a
11'A
2,000
National
Automotive
12%
12%
1,000
National
Aviation
500
National
Louis
Battery Co_,
31'%
31'%
*31'A
32%
31%
*25
St
171
26%
170
*25
32
32'%
170
'
5,100
100
26 %
National Biscuit
7%
Nat
Fibres
Corp
Co
Bond
&
Share
9%
9%
9%
9%
9%
41%
9%
9%
9%
2,700
National
Can
41%
41%
40%
41%
41%
42'%
3.600
National
Cash
9%
9%
9%
9%
9%
9%
1,900
Nat
14%
14%
14%
14%
8,900
National
9%
9%
9%
9%
14%
14%
14%
14%
14%
14%
Corp
19% Feb
Oct
25%
Jan
May 24
29% Feb
23
Oct
52%
Jan
May 19
30
27
Sep
11
Aug 25
41% May
34% Jan
1
9% May 19
10% May 19
24
Jan 13
5
4
-10
27
Jan
13
170
Nov
7
21% Jun
No par
13
Jan
14% Nov
16% Jan
10
Sep
16% Feb
21
13%
Dec
20% May
28% Jan
Oct
20
20%
Oct
34%
14
33
Feb
34% Feb
187
15
Jun
27
25%
180
Oct
Apr
37% May
Nov
205'A
Oct
32%
9% Nov
21%
Feb
Jan
22%
Apr
Apr
Register™
City Lines Inc
(new)
10
26% Feb
13
10
Corp
Container
May 19
19
21
100
common
preferred
40%
Inc
14
1
1
&
Co-
11%
31%
*167
5
100
National Airlines
Chatt
12%
32%
26%
Corp
24
26
32
172
Nash-Kelvinator
24
32
*25
8.400
X26
32%
4 69
17%
9%
6
50
Impl
Mojud
7 7c
40%
see
Jan
Corp
Mo-Kan-Texas
9%
footnotes
Sep
Sep
44
18
3%
$6.50 preferred
40%
For
102 %
Sep
3
N
17'A
22%
11'A
99% Nov
May
122
Apt
46% May
48'A Apr
44
No par
1,600
15
17%
12'%
Apr
May 26
8
No par
Mfg
11%
30%
55%
Mar
56% Feb
pfd series A
conv
11%
36%
22%
*31
3.20%
11%
61
14'/a
118
23%
Mohawk Carpet Mills
30%
*41
Jun
43
No par
Regul
1,000
15
14%
111
30
Inc
Co
A
7,100
36%
55%
4
100
M
15'/a
15 %
42%
Jan
1
pfd
SS
38
36
14%
113
1
com
14%
14%
42'%
108% Mar 20
10
3.90'A
38
36
*55
May
71
5
15
14%
14%
Jun
65
Oct
No par
St Louis Ry
&
64 3 4
36%
55%
P
98
14'A
42%
17
Sep
7
Petroleum
1st
cum
St
64 'A
30'A
110
Oct
45 yB
16
common
Minn-Honeywell
36
*55
Co
Prod
1,600
13%
*41
8%
Steel
58 %
35%
110
Mid-Continent
NOV
9%
4
5
Minneap &
13%
110
140
97
93% Deo
3
Jan
1
YORK
Minn
35 %
110
97 % Mar 11'
14'A Nov
Jun
Feb
Copper
Midland
May
50
Par
Miami
70
112 % May
Deo
6
42
EXCHANGE
4,600
13%
*109'%
NEW
2,200
55%
106%
103
1
Edison
8%
35%
35%
Inc
14%
57
25
25
100% Aug 25
45% Oct
Shares
56'A
*59
Feb
Jan
45% Nov
50
38%
14%
*38
62%
14 'A
25'A
25'A
119%
106
38% May
204% Nov
24% Sep
195
32
com
preferred
cum
the Week
8%
58%
124%
60%
$3.50
Sales for
Nov. 7
14
61'%
*25%
103
Friday
49 %
*28%
103
%
$ per share
*141%
124%
30%
61%
26
Metropolitan
39'%
9%
61%
57%
110
103
48
8
107% Feb
Mesta Machine Co
14
123%
56%
30%
*20
29
& Co
100
400
47%
11
Merck
96%
142'/a
61
57%
*22
4%
118
Inc
Transp
42%
43 3
'A
123
123 %
25
44
13
*118
1,400
Min
96%
48'%
23
Mar 14
preferred
Stores
&
3
Jan
49% Feb
May 17
common
42%
16%
65
39
14%
58
1st
Mercantile
6
7% May 19
34 % Nov
Sep
100
(The)
Merch
Nov
86
Apr
25% Aug 18
190
35
preferred
400
5
Feb
Jun
75
25
Co
42%
Thursday
101
15%
30 'A
8'%
3,400
$ per share
40'/a
12%
15
*59
13%
16 %
44
Nov
45%
30%
Sep
24
4%
2nd preferred
Melvi'.le Shoe Corp
conv
6
90
2
Feb
112 % Mar
xl09
42
5
Mc-Quay Norris Mfg Co
Corp common
5%
90% Nov
6
33% Feb 21
No par
Stores
Mengel Co
39% May 19
9
Jan
1
Mead
4%%
22
34
STOCKS
17'
65
4%
*25'A
*141'/a
19%
62
Nov. (>
101
15%
60%
*39%
3,300
3,300
18% July 23
24% May 27
111% July
48% Jan 2b
100
preferred
McLella'n
5
No par
Co
Robbins
48
%
103
share
13'/a
4%
57
DAY
23
$4
&
97
Nov. 5
$ per
43%
ELECTION
16%
*42%
120
47%
Jan
Apr
35'A May 19
Porcupine Mines
47%
42
Wednesday
17
16%
44
19
*60 %
Mclntyre
PRICES
65 %
15%
to 0
share
SALE
62
22%
20%
57%
24
Co
Pub
*96%
103
12%
%
118%
*28%
Nov. 4
$ per
44%
143
48%
42%
65
13
49 >/4
Tuesday
16%
59
*100
118 %
HIGH
9%
59
102
share
AND
16 %
*43
97
*102%
19
*60'A
*46
Electric
McKesson
200
800
24%
23%
*102%
98
19 %
19
21%
19
103
*97
93%
23
1C2 %
conv
50%
98
13
Oct
1
Corp com
preferred
McGraw-Hill
19%
42%
3%%
McGraw
19%
34% Feb
11 %
30% Nov
U%
*
200
19%
No par
Stores
500
23
48
40
pfd
Nov
May 17
180% Oct
No par
Corp
McCrory
27'A
19%
*96%
McCall
41%
*96
No par
No par
cum
%
23
42%
1st
27'A
19%
47%
99
;
5
common
common
41
47%
97
Co
27'A
23 %
16%
900
1,100
21%
21%
*60%
28
100
preferred
40%
19%
*
cum
$3
27'A
22%
62
$3.40
Maytag
40%
*46'%
*60%
28
1
No par
com
pfd 1947 series-_No par
pfd
No par
cum
$6
41 'A
14
Co
May
112'%
41%
*98
Electric
preferred
40
95
*93%
*46%
7%
'A
25
22
94
28 Va
100
*111
100
Deo
48
27'%
25
*21%
42
Jan
8
3% Sep
63'A Jan
100
.
Jan
"7%
39% May 17
7,100
13%
451%
28
*92'%
89
13%
*43'A
41%
19%
*87
13%
46% May
No par
Corp
$3.75
88
26%
Sep
31
Sep
12% Oct
380
45'%
Oct
Nov
24% Oct 23
110
13%
12%
14 % May 19
90%
*43'A
16%
26
Masonite
1,100:
17% Sep
Aug
Apr
626
Jun
8% Oct
No par
91 %
14
3% Jan
Apr
NOV
30% May
13% Deo
Martin-Parry Corp
*90'%
45%
4
1
Co
Dept Stores
$3.75 preferred
13%
18
100
(Glenn, L)
1,600
*51%
20%
preferred-
Martin
44%
*111
14% Feb
32% Feb
6
44'%
*43'A
112%
9% May 19
24% Sep
4
1
111%
Sep
620
2
15'A Nov
45%
90
17
9
May 19
22% May 19
44%
91'%
1
Jun
12% Jan
1
Master
90%
18% Aug
455
May
Xl7%
16% Sep
May 17
Jun
76% Jan
17
Mathieson Alkali Wks
90'A
12%
6
29
50
90 %
1
21 % Mar
5% Oct
1,300
86
17
7
Mar 28
15% Feb
8% Feb
1,500
92
Jun
41% Jan
111
27% Feb
33 3 4
90
11% May 19
16% Apr 14
12% May 13
14
24
91%
65
6% May 20
182%
45%
160
19% May 28
33%
34
Deo
38% Oct
37% Nov
106% Oct
39% Aug
5
Corp
182%
41%
*98
23%
Exploration
Corp
182%
99%
98%
23%
5
33%
*26 %
*20
55 %
140
21
6
No par
182%
*40%
98 %
55%
21
Oct
455
Shirt
Midland
4% %
800
55'/a
Bep
Apr
60
50
Bros™
Oil
32
152
Market St Ry '6%
prior pfd
__100
Marshall Field & Co com
No par
3,900
55%
1
42% May
5
20
Oct
6.25
130
16 %
20%
28
100%
100
16
20%
41%
28
100%
*99%
16%
20%
90
44
*111
100
16 %
90
92
*111
Manhattan
34
91%
93
93
Mandel
30O
183
45
93
*92 %
400
27
10
Mar 12
41% May 19
30% May 19
107% Jun 20
1
34
45
*89
11%
*26
5
__100
No par
Co
183
34 '/8
184
44%
*11%
"20%
24
Coal RR
Manati. Sugar Co
8,400
11%
5
*98
15%
20%
24
*183
101
16 %
21
56%
24
27'A
9%
27
5
A;
Mahoning
11%
9%
series
34
135
No par
No par
Square Garden
Magma Copper
Magnavox Co (The)_.
11%
9%
10
100
com
Madison
11%
X9%
Forbes
Macy (R H) Co Inc fcom
4%%
12%
19%
&
preferred
*11%
*172
10
Mack Trucks Inc
100
13
19
19
12%
500
*134
13
19
13%
*435
C4
No par
No par
inc
Oct
191
100
100
toons
Apr
28%
May
M
*37
t
uvij 'at,
Jan
15%
X48
32
Co
DAY
-•*■%
74 Va
Oct
30% Jan
„
T
Nov
10
7
19% May 17
1
100
44 %
43
3
40% Oct 28
May 19
$ per share
10
33% May 27
10% Oct
6
Nov
Highest
$ per share
21% Nov
Apr
24% Aug 25
No par
_™—
99
7 a
11
No par
Lone Star Cement Corp
Long Bell Lumber A^
:
Lorillard (P) Co common
7%
59% Feb
May 16
47
Lockheed Aircraft Corp
Loew's
8
No par
,
?**
172
par
Feb
25
No par
Corp com
preferred
3%%
*98
*134
*
No
Co
2J
ELECTION
100
Co——
May 17
29 »A Mar 15
78
No par
-
24%
18%
159
24'A
26%
*98
26%
26%
18%
159
"•/4 %
43%.
26%
100
18%
159
24%
43%
^6%
*98
18%
161
*24%
5
8
25
com
Liquid; carbonic
10Q
3.40Q
69%
*158
Savers Corp:
Liggett & Myers Tobacco
Preferred
%
^ x
95
20
18%
Life
Oil
/4
7
•
Year 1946
Lowest
$ per share
46% May 21
Belt
19%
24%
No par
Lion
13%
161
Libbey Owens rFoi'd Glass
Libby McNeill & Libby
Link
68%
24 %
17
7,100
19%
161
No par
1.100
*85
$ per share
Lerner Stores Corp
9,500
10%
70
*18
Range Since January 1
Lowest
Highest
Par
32
19%
26%
Range for Previous
STOCK
58%
10%
70
*26%
YORK
EXCHANGE
Lily Tulip Cup Corp,.
Lima-Hamilton Corp
31%
93
11,800
172
*58
£.1%
/a
*86
1.100
9'A
172
10%
58
29%
93
54'A
*43
44
10%
NEW
Shares
19%
54'A
9%
fl9
RECORD
Sales for
Nov. 7
$ per share
share
Friday
Nov. 6
20
'■'54
(1903)
STOCKS
Wednesday
Nov. 3
per
STOCK
PRICES
Saturday
t
YORK
CHRONICLE
8% May 19
13% Feb
7
No par
33
May 19
8% Jun 16
42 % Nov
7
31
Nov
45%
1
14% Jan
7
13
Oct
24% Aug
1
13% Aug
15% Oct
15
4
page 24.
INS'TT
r,-
2ft
(1904)
-
THE COMMERCIAL
NEW
LOW
Saturday
%
SALE
Tuesday
Nov. 3
$ per share
14
HIGH
Monday
Nov. 4
Nov. I
.
AND
$
per
share
S per
YORK
STOCKS
Sales for
NEW YORK STOCK
Nov. 7
the Week
EXCHANGE
fper share
$ per share
$ per share
14%
14%
14%
14%
14%
14%
30
29%
30
18
293/i
30
29%
18 %
18%
18%
18%
18'/a
*17%
17%
173/8
17%
20%
20%
20%
20%
2OV2
20%
20%
203A
20 %
20%
45 (
46
20 %
*43
20%
100
*"32%
46%
19%
100
100
33
33
171
171
144%
171
■"147
150
147.
147
*
*"7%
8
7%
19%
1
1
\2i%:
33%
7%
19
1
,:90% " 91%
*26%:' 27
•
7%
19
-
*144%
91
90 %
26V2
1
26%
20%
1,400
15,100
100
33%
3,500
*1443/4
147
2,000
88 3%
26%
*25%
5,800
Natl
2,900
National
500
National
26
21%
20%
21%
20%
203/4
20%
11,000
96
96
96
*95%
96%
*96
96%
230
26
25
25
*24%
25%
*24%
25%
200
*13%
14
13%
W4
13%
13%
13%
1,000
*11%
121/4
*113%
13%
12
*12%
'12%
12%
20
20
17
106%
12%
20
16%
16%
106%
*29
ELECTION
DAY
20
20
*15%
20
16%
107
*106V4
107
*106%
*28%
29
28%
29
28%
*99
100
100
100
99
99
*102
104
*102
104
*102
104
41
41
41
41%
27%
27%
*95
*27
97
24%
43
13%
*36
36%
12l3/4
13%
27
95
95
95
24%
24
42%
42%
13%
13%
14
36%
26%
24%
43%
37
*42
13%
373/8
*120
27
95
14
37%
28
40%
41%
24%
24%
*42%
40%
98%
102
36%
*36
*120%
37
37%
*36
121%
37
121%
122%
*94%
235/8
*41
16%
15%
*99
100%
102
41%
263/8
*50%
-
24
13%
13%
13%
36%
36%
36
36 'A
120%
122
13%
13%
21%
21%
*50
543/4
*50
54 %
*50
543/4
245
245
York
123%
1,400
14%
15 %
6%
100
543/4
5434
>230
100
245
$5
non-cum
17%
17%
16
17
16
161/a
16
161/8
7,000
97%
97%
97
97
*96
97 %
*96
14%
140
N
14%
97%
Y Power
*14%
14%
14%
700
N
Y
*92%
N
94%
*93 %
Y State
94%
141/4
14'A
94
94
14%
*94
94%
Preferred
10
*23
24%
24'/*
*24
24 %
24%
24%
24
24
*35
35%
35%
35
35
36
35
35%
35%
63%
63
63%
64
64V4
29
63%
64
29
28%
28%
*28
28%
2G%
8%
*89
26%
26 «/8
8%
*29»/4
90%
29%
19%
19%
9IV4
26%
8%
*(•')
25%
8%
26
8%
91
*89
25
8%
92
X60%
28%
25%
61%
28'A
600
30%
30%
30%
19 %
19%
6,200
90
90
91%
91%
89%
91
89
90
12%
131/4
12%
13
12
%
13
13%
13%
22%
22
22V8
21
i/4
22
21%
22
38
37%
37%
36
37
*36%
37%
7
6%
6%
14
13%
22%
23
22 %
*37%
38
*37%
*7V8
14
*32%
104%
27%
7%
14
33%
105
*14
*32
24%
24%
24%
102
9%
*19
20%
30
102
9%
104
22
149%
75
32%
105
20
*19%
19%
24%
x23
102
*102
102
*19
20%
*19
30 %
30%
149%
149%
149'/2
149%
*14%
share
15
15
14%
15%
72
42
42%
4%
5 %
91/4
*15%
*53
37%
AND
HIGH
Tuesday
per
4%
551/2
4%
51
5%
9%
16
54
4 %
53'%
5%
9%
*15%
53 %
5%
9%
16%
54
ELECTION
22%
23%
*42%
43%
42
42
2%
2%
36%
361/2
36
30%
*30
*30
*8
8%
9%
9%
*2%
2%
36
30'%
*7,%
*9'%
8
9%
36
36
351%
3 Jv2
44%
44%
44
45
7%
7 Va
15
19%
*31
110
ln %
17%
*46
15
19 %
31
110
*14%
18%
7%
15%
110
$ per share
72
72
72
36%
363/a
400
Pacific
36%
96
97
95
95%
149%
4 1/8
95%
95 %
210
149%
148%
1481%
60
41/4
2,100
593/8
28,200
5'/a
47,600
Packard
91/4
18,800
Pan
16%
200
91/a
9%
9%
16%
16%
*15'%
53%
53 %
103%
IO31/2
104
6%
7
7
71
71
*70
105
105
*105
23
71
107%
22
22%
*42
1
53%
42%
21/2
53 %
*103
7'/8
*70
*105
21%
42
53%
5,400
103%
310
73/a
9,000
71
600
107%
500
221/4
34,100
42
700
*30 %
8
4434
44 1/4
44%
4^3/4
44%
7%
6%
14%
18%
*29
7
6%
7
%
116
54'/8
*89
110
116
*108%
116
110
116%
70
7,300
530
54 %
*54
55
600
90
*89%
90
400
*9%
10%
*9%
10%
*9%
27%
11%
*9%
11%
26
*32%
27%
33%
26 '/a
*32%
26%
331%
26%
26%
33
33
*105
107
10%
10%
10%
10%
10%
10%
*16%
16%
16%
16%
47%
47%
16%
16%
16%
47%
47%
47
48
46%
44
44%
44
451/8
44%
*101%
102%
For footnotes
101%
see
101%
page 24.
52
*101%
52
102%
10 3/8
52
102
4%
Cos
Inc
30
28% Feb
18
25
Deo
May 19
preferred
Pictures Inc
Paramount
10%
*32%
*105
33
107
300
—
~
—
Utah
Oct
&
26
163% Jan
18
158
8
Sep
19% Deo
180% May
28% Feb
93
Jan
4
86%
111% May
80
July 25
Aug 28
1
10
May 28
16
19
Feb
1
80
Oct
17
Parmelee
46% Oct
Sep 24
$ per share
Apr
Highest
$ per share
10% Oct
19%
12%
Deo
49
Nov
25% July
86% Mar
Jan
3
17
24
Deo
48
3
43% Jan
18
36%
Apr 10
25% May 19
91
Aug 25
62 V2 Jan
11
39% Feb
19
129% Jan
148% Nov
Jan
Mar
Oct
47%
67 Va
Jun
48
Apr
2
54% Sep
28% Oct
122% Oct
160V*
164
Deo
181% July
5
Oct
11%
Feb
34%
Apr
168
Feb
8
7
7
3% May 16
10
213/4 Jan
13
Feb
13
593/4 Oct 20
May 13
581/2 Jun
10
No par
(J C) Co
Coal
&
Cement
Glass Sand
5%
105
1
2.50
Nov
5
9
37
1
No par
13
20% Sep
100
Corp
Corp
Power
&
1
10
Co
7
Corp com—No par
preferred
Penn
.100
Light Co
No par
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—10
31/2S series A preferred
100
Peoples Drug Stores Inc
Peoples G L & Coke (Chic)
Eastern Ry Co
Pepsi-Cola Co
Pet Milk
4%%
Co
common
2nd preferred
161/2
161/2
1,500
Pfeiffer
47%
48%
1,300
Pfizer
<5
45"%
11,200
52%
1,100
Brewing Co
(Chas) & Co Inc
Phelps-Dodge Corp
Philadelphia Co 6% preferred
$6
preferred
18
6
13
—
Transportation
16%
90
Jun
35
100
34% Jun
54
51% Jan
No par
47
102
69% NOV
Lowest
9% May 19
Jan 16
40% Jan
5
...100
100
33 %c
Sep
8
2V4 May 17
34'/a May 7
28% May 20
7% Se*> 24
6% July
Jun
Jun
1
25
50
No par
28
Mar 24
9Va Feb
7
79% Feb 10
109
July
32% Jan
53% Jan
Deo
4% Deo
56
Sep
8
105%
Oct
2
27%
Oct
62
Nov
4
4% Jan
6
Jan
9
34% Feb
14% Feb
43
100
3% Sep
111
Apr
14 y*
Jan
90%
Apr
110
May
39% July
82
Apr
7% Jan
35%
Jan
21
26
Oct
48% May
35% Aug
11
12
Oct
22%
11% Deo
24%
Jan
40% NOV
67%
Jun
12%
15% Mar 31
Jun
38
Apr
7
48% Feb 11
15% Jan
4
16'/a Oct
20
Deo
45%
16%
Feb
30%
Jan
25
36
28%
107% May 20
18 % May 17
29
Sep
Apr
16
117
22
Jan
29
Jan
6
20%
6
26% Feb
3
May 13
Sep 29
51 % Jan
6
1183/4 Sep
May 19
81% Jun
5
101% Feb
Jan
37% Aug
115% July
27% Jan
2
38
115
47
6
May 19
243/4 Jan
16
May 13
Feb
5
8% May 17
13% Jun
9
37
May 14
361/4 Apr 14
52
Nov
3
*98% May 28
55
Jan 21
13
22
Feb
34 Va
July 25
34
Jan
4
108% Jun
2
3
113/8 July 25
110
Feb
25
16 3% Nov
105
__
543/4 Oct
109
'
Feb
6% Oct
17% Sep
100
No par
July 18
12%
243/a Feb 27
23
5
1
7
Apr 15
13% May 19
No par
Petroleum Corp of America
52
$ per share
103% Nov
Mines
2,000
102
Oct
Year 1916
Highest
1
Co
10'/a
521%
Feb
18
$ per share
1
Consolidated
Davis
10 %
102
JaD
51% May
39% Feb
33% Feb
100
_
Park & Tilford Inc
Peoria &
13,800
Jan
120
24
No par
common
convertible
Penn
27'/4
53
Paraffine
400
10%
44
Sep
Apr
33
27%
52
X113
70% July
1
Airlines
*9%
44%
6
84
l(j
Refining
Coke
500
53
Feb
56%
&
Penn-Dixie
45%
*108%
Jun
17%
Jan
Prod
Penn
33
36
37%
Panhandle
Penn-Central
46
43%
118
Oct
10% Nov
19% May 15
25
Panhandle East Pipe L com
4 r/o
preferred
800
46
52%
99%
4
Xll9%
18% Nov
17
Jan
300
*45%
32%
7
2,400
46%
107
15
Feb
13% Feb
107
7
Apr
19%
22,400
32%
May
26% Oct
11
Jan
27
15 %
17
*105
24
No par
Car
*183/4
19%
107
Jun
July 23
37% Not
112
20%
Motor
*14 3/8
16%
*105
Jun
149% Oct
No par
18%
19%
107
22%
22
30% Bap
Range for Previous
Corp
14 3/4
32
27%
*105
Sep
No par
17
90'A
21
Penney
19%
90
29% July
1
3,800
16%
90%
Feb
8"% May 19
19
89%
Jun
19%
32% Sep 11
38 3/4 May 27
17'/a
91
108%
6
5
20
54
•
18
No par
110
116%
Jan
Patino Mines & Enterprises
Penick & Ford
19%
54
39
May
27% Nov
15% Sep
5
Parker Rust Proof Co
17
54
13
19% May
25
Oct
600
500
Nov
13
7%
2,200
9
16% Deo
11% Deo
30%
10%
65% Jan
13
73/4
351/2
56% Jan
Oct
21
*30 '/a
10
18% Nov
44
73/4 Feb
30%
*34%
104% Not
111% Feb
86
"
10%
Jan
30% Oct 20
14% Feb
Park
35 %
36
115% Jan II
6
Parke
10%
Apr
Feb
May
4
1,800
*3434
16%
117
4% Sep
3,500
10'A
Jan
9% Nov
2%
35'/4
39%
9% Deo
No par
351/8
8
23% Oct
111
Airways Corp
2%
Pan-American Petrol & Transp—5
21/2
*108%
54
Nov
7% May
American
341/4
17%
55
17
18% Nov
5% Oct
2%
20
*54
30% Sep
Lowest
Pacific Tin Consolidated Corp
Western Oil Corp
35%
35
72% May
25% Oct 20
Range Since January 1
Pacific
9%
41% Sep
Feb
3
97
_
4%
9%
28%
100% Aug 19
17% May 17
Telep & Teleg common..100
preferred
—100
6%
58%
5
116%
Pacific
4%
5%
46 %
113% Mar
11% Nov
14
STOCK
Mills
49%
5
16
Co
Lighting
4%
5%
19
Deo
1
19% Nov
-12.50
Pacific Gas & Electric.
46 %
49
51/8
14%.
102
Mar
Sep 25
Apr
24
36 %
36%
30%
Feb
•
No par
Pacific
14%
325
11
non-cum
600
7
Jun
Feb
17
13% Feb
preferred
4,600
55%
9%
273
25% Sep
x!8% Feb
2nd
42
37%
35
May
50
55%
44%
76
Jun
37%
6
10
42
8
Oct
62% Jan
I
290
Feb 20
2
No par
37%
30%
63 %
23
2
common
42%
8
41% May
253/4 Oct
non-cum
56
*30
21% Oct
45% Jan
preferred
37%
36%
135
Sep
16% Deo
1
6% May 16
12% Oct
2
1st
55 3/«
430
79
4
Aug
12
Par
42 %
2%
3
26
16
EXCHANGE
37'/8
18%
117%
NEW YORK
56'/a
36
Sep
20% Feb
19
22% Apr
2.50
Shares
17%
117%
Mfg
Owens-Illinois Glass Co.
37%
2%
124
19
107
21
i
37% Oct' 20
19
•
Aug 20
19% Aug 20
No par
the Week
19%
117
&
Co
42%
35%
1
11
100
Outboard Marine
Outlet
37%
42%
61% May
Sep
33
6
Pacific Amer Fisheries Inc
421/s
26
16% Oct
No par
Pacific Coast
22%
37% Oct 29
26
96% Deo
A__100
common
150
53
19
f
100
preferred
150
30%
46%
Elevator
6%
Sales for
Nov. 7
$ per share
Friday
17%
*45%
Otis
200
16
<
17
10
72
18%
110
preferred
15
33
*31
Thursday
19%
46%
117
*89%
7%
convertible
15
6%
107%
8%
*14%
4%
35% Jan
3
Oct
102% Feb
20
preferred
(The) common
*14
46
13% Oct
5
Jun
1
22% Feb
STOCKS
Nov. 6
151
Apr
Jan
36%
G
No par
common
Corp
15
149 %
69%
46% Feb -10
Nov
31 Va Apr
Oppenheim Collins
42'/2
*
Jun
34%
5
103% Oct
pfd
convertible
15
103%
*105
Cprp
4%%
Omnibus
15
*55
109 Yt
18%, NOV
6
8
Oklohoma Gas & Elec 4%
PRICES
share
27
Sep
95% Oct
Nov
100
*1 1
7%
22%
3,200
3
20
Nov
89
t
Jun
Feb
22% Feb
No par
72
104 %
107%
75
Co common
Co..^
15
6%
22%
74
45
1;
Apr
25
preferred;
15
103%
*106%
;
200
—
50
(,
19
17
13% May 19
No par
141/2
6%
72
100
30% Oct
,
Oct
50
$3.60 series
72
*
105%
71
74
20
100
Rubber——No par
Pharmacal Co
2.5o
Oil
Oliver
.
113
Oct
(Minn)—
15
DAY
6%
73
74
Nov. 5
*104%
*71
2,900
22%
87%
$ per
97
150
*21
*84%
75
Wednesday
37%
150
22%
87%
share
56%
97
*21
*P'%
Nov. 4
$
—
150
871/a
SALE
38%
56V2
*147
30%
22%
74
43
*36%
1*0
30%
Ohio
30
20%
*21
72
42
*147
30%
102
*P4%,
Nov. 3
per
30 %
'
Monday
$
70
55
*19
30%
15
151
20%
30%
70
*149%
2,100
20%
*13
Nov. 1
98 %
780
9%
8%
102 %
Saturday
*97%
102%
9%
8%
*100V4
74%
37%
102%
102
9%
50
new
cumulative preferred
4.40%
200
Deo
106
26
f
Ohio Edison
2,900
102 %
871/2
37
101%
19%
23%
9
17
Norwich
150
22
Sep
109% Aug
43% May
110% May
102
Sep 29
10% Feb
700
23 %
25% Nov
103% NOV
33% Jan
&
200
Deo
13
10
4.6%
10,900
104
Mar 11
6% May 18
87% Sep
8
28% Sep 19
Norwalk: Tire
* 19%
Feb
22% Oct
1
Telegraph.
19%
38
100
10
Northwestern
23%
*19%
6
25
new
Co
Aviation
200
32%
27%
10
July 25
5
25
310
105
Jan
18% Feb
97
Northwest Airlines Inc common—10
6,800
'
Feb
16
Cum pfd
5,800
.
x26%
8%
22%
561/2
32%
105
14
660
273/4
*100%
74%
56%
103
33%
105
9 %
*84%
37%
%
27%
101 %
LOW
*36
1/2
24%
*21%
15%
*32%
"\rA
9 %
75
*15
*13'/4
27%
87%
I per share
32%
105
27%
22%
*84%
14
i
100 1/2
30
*149%
33
27%
*17%.
7%
14
104%
271/4
19%
102
*7%
14%
104%
27%
19%
*102
7%
*71/4
15
64% Nov
common
Northern States Pwr Co
91%
24% May
*
32%
10% May 21
100
NOV
Jan
106% Mar
42% May
183/4 Oct
16% Deo
16
100
4
Northern Central Ry Co.
Northern Natural Gas Co
Northern Pacific Ry__
2,200
19%
245
Oct
14%
25
NOV
21%
17
107
Gas Corp—
Adjustment preferred
American
19%
50
11% Nov
89
Feb
10% Sep
573/4 Sep 29
27% Nov
7
New
American
29 %
10
53% Jan
North
19%
173/8 Feb
41%
13% Jun 13
2
North
29%
4
28
50
19%
Sep.
29% Jan 24
Oct
6,600
29%
28% Jan: 10
22% Oct 29
Oct
11,600
19 %
2% Sep
101% July
38
Apr
34
8%
29%
20% Oct
1% Aug
75
Sep
25% Dec
24
25%
19%
Jan 31
24% Feb
Western Ry—
87%
29%
'July
Apr
10% Aug
30
8%
25
173
93% Oct
87%
8%
13%
13
&
92
8%
*89
No par
&
Elec
207
Oct
Nopco Chemical Co
5,200
27%
100
No par
No par
Light 3.90% pfd—100
Shipbldg Corp partic stock
1
Norfolk &
*28
*
A
Deo
6% Nov
28
Noblitt-Sparks Industries new._2.50
700
63V4
*23
series
178
X149
7
6
May
May
18% May
32
Sep
80'
May
11% May
19
Apr
53
May
Apr
15
42% July 14
82% Feb
7
12
40%
Sep
28
108% Jan7
32 %
Jun
Jan
Jan
100
13
;
Jan
108 Va
Oct'
27
Aug
67%
33 %
8% Apr.
2
17
32%
Oct
190 % Sep
21
19
23
Aug
45% Apr
34% Jun
•
167
l3/4 Jan
17% Jun
com—100
$3.75 cumulative preferred
300
35%
5%
9
943/4 Oct
Nov
95
1
No par
preferred.:.
35% Jan
6
Y New Hav & Hart RR Co—
N
17%
14%
100
N Y & Harlem RR Co
40
97%
94%
1
N Y City Omnibus
Corp
New York Dock common
2,400
22 %
*19
102%
35% May 20
24% May 21
No par
Louis Co
15
19
98% Nov
102
16%
26
Feb
28 % Nov
—10
;
20
Mar 18
105
100
pfd—100
when distributed
preferred series A
17%
14%
Brake
N Y Chic & St
97'/4
*94
1
serial preferred—100
(J J) common—No par
Air
3
18% May 19
13 '/a May 29
Common
123%
13 5/b
22 %
No par
New York Central
37%
13%
250
New
100
31
2
Feb
107
16
20% May 20
13% May 19
11% Jan
3
No par
Newport News Ship & Dry Dock
2,500
*36
88
1
Newport Industries common
4%%
preferred—
22,000
42
100
:—10
preferred
Oct
Jan
May
1
Aug
743% May
21 % May
12% May
10
com
May 20
16 3%
25
Jersey Pr & Lt Co 4%
Newmont Mining Corp...
4,700
13%
*21%
*220
24%
Pa
0
Nov
63/4
No par
Co„—___—_
conv
33/4%
40
95
24
ex-dist
New
1,300
*41'/4
22%
254
26i/4
*94%
95
133/4
*230
26
170
No par
No par
Co
Newberry Co
1,000
42%
*21%
254
41%
25 3%
_1
Co
Nov
147
Corp
Corp
43% %
10
41
99
100
(The)
preferred
Tea
28
—100
Supply
3
15% NOV
19% Nov
313/4 NOV
45% Oct
A
Lt
Sep
6
S per share
Oct
30
25% Jan
Neisner Bros Inc common
90
*99
102
&
15
3
17% May 19
No par
S per share
21
Jan
30% May 26
14% May 19
1
B
Cast
38
No par
Steel
Corp—
Sugar Ref Co.
National
Nehi
900
98 5/o
Natl
20
29
14 %
14
15%
107
*28 %
Power
Natomas
800
1061/4
Stl
tper share
173/, Feb
20% Jan
23% Oct
common——10
Service
"
No par
Natl Vulcanized Fibre Co
1,200
283/4
107
&
4%%
400
20
20
22%
54%
•*
*21%
12
*11%
20
*15%
*106%
30
20%
Linen
Mai
1 Vo
89%
95
.14
*16%
Nat
Co
13% May 16
27% May 19
143/8 May 19
No par
5
Stamping-
preferred
preferred
6%
88%
1
89%
*25%
&
Lead
National
700
*25
? 14
20
1%
18%
18%
96
••
National
20
8
8-
Efcam
t per share
1
National Gypsum Co com
$4.50 conv preferred—
150
172
Cylinder Gas Co
Dairy Products
National Dept Stores—
National Distillers Prod
Nat
100
171
1
•
26
96
*25
*230
18%
National
6,600
33
8
18%
90%
27
147
8
National
5,500
20
100
33%
171
171
1
91
26%
213^
33%
19
1
1
99
19%
2,300
29%
*43
193/4
7%
19
45
19%
99
147
170%
*18'/a
20
100
33
171
*43
46%
19%
100
32%
171
.
*43
20%
100
Par
14%
Range for Previous
Year 1946
Lowest
Highest
Range Since January 1
Lowest
Highest
Shares
14%
29%
*43
Monday, November 10, 1947
RECORD
Friday
14 %
'
STOCK
Nov. 6
Thursday
Nov. 5
30 V«
;
30
FINANCIAL CHRONICLE
PRICES
Wednesday
share
&
Jan
Sep
Sep
37% Nov
43
47%
Feb
61%
Deo
Jan
68
May
86% NOV
115
Apr
14
Oct
21% Sep
28% Sep
105% Sep
8% Deo
51%
Jan
40% Jan
43% Mar
109
14%
Mar
Apr
Oct
8
13
62% Jan
2
35% Jan
45% Nov
7
29%
Sep
51 %
Deo
76%
Jan
Deo
117%
Jan
18
59
Mar 20
109% Aug
5
107
Apr
16%
80
X4S
Fob
May
May
1
t
Volume 166
Number 4645
THE COMMERCIAL
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 1
Nov. «
SALE
Nov. 4
1 per thare
1 per share
9 per share
YORK
& FINANCIAL
STOCK
STOCKS
Wednesday
Thursday
Nov. 5
Friday
Sales for
Nov. 7
the Week
Nov. 6
9 per share
9 per share
9 per share
NEW YORK
23%
23%
23%
23%
27'4
23%
23%
23%
23%
2714
*27 y4
*27%
27%
27%
27 V2
27%
27 Va
800
115
*114%
115
114%
115
102%
103
102
103
15
15
30 3 4
30%
30
30%
9238
92
92
29
28%
28%
*92
29
*95
15
98
*95%
14%
114
15
*113
14%
700
14%
14%
3,500
3.8%
Phila
31%
30
31%
29%
31
*90
91 Va
90
90%
28%
2d%
28%
28%
130
102%
32
3,200
Philco
14%
98
*97
98
97
96 V2
*95%
96%
95%
90%
27%
97
*95 Vz
*90
97%
95%
95 Va
30
*29%
30%
*'881
90
*88'A
90
v
50%
30'/a
*88 %
90
*88%
59"%
X57%
58%
15
*13%
14
*13%
14
*13%
*34%
35%
x34
34
*103%
59 V8
a
15
104
35
*13%
35
;
35
-
35%
104
*95
30
90
34%
104
*103%
*95
104
15 Va
xl5%
15%
94
93 %
93 %
♦93%
29%
28%
23%
*22
29
*103%
58%
104
15%
93
28%
28%
22
22
*145
170
*145
168'
*145
168
167
167
*168
170
*167
170
38
38
36%
38%
5%
93a
13
13
12%
*135
37%
ELECTION
13
*135
*82'2
*811
a
•*12*4
*148
8314
.*24%
*34%
11%
*37
12 %
12%
DAY
♦135
38%
83%
12%
83
81%
81%
81%
81 %
13
121/4
12%
*145
*12%
160
35%
11
*145
35%
13
160
34
83%
*80
*12%
*145
3,900
-
29
28%
*21
70
r-
200
168
165
167
3,700
9%
9%
3,200
*12%
12'/a
1,300
*135
*82%
82
*80
13
83%
34%
11
140
82'/a
60
13
*12%
*140
160
x34
100
155
34%
2,400
*10'/2
*10%
11%
*10%
25%
25 %
11'/a
25%
25%
25%
25%
25%
25%
25%
34%
34%
34%
34%
35
35
800
16 %
17
16%
16%
700
10%
10%
4,700
35
*35
17
11%
35%
17
11 %
38 »/2
*37
*16'/a
11%
17
10%
38%
*
11%-
*37
10%
Va
10%
11 Va
*10%
1,400
38%
70%
37%
70%
37/,
70%
71
%
37%
37 %
200
70%
71%
25%
70%
70%
70
25
25%
70%
24%
3,100
25
24 Va
24
813
4
91%
91 '/a
4
91%
91%
91%
34
34
33%
34%
33%
34
22%
22%
22%
*106
1061/4
105%
106%
111
111%
111
112%
124%
124%
22%
124 %
*124'4
14114
1411/4
*139
22%
*91%
33%
22
V2
25
25
92
92
92
33%
33%
33%
22
21%
22
%
1,500
11,200
141
*10612
29
400
$5
750
6%
122 %
290
7%
140
140
138
140%
100
113
112%
112%
30
54
x24%
26
53%
54 Va
1,900
25
25%
25
25%
24%
25'A
13,100
1C6%
*106 Va
108
29
2,000
23%
*23%
29
106%
29%
*23%
29
29
24
23%
23%
23%
"23'A
23%
Feb
10
102 Va Oct
20
18
Feb
1
38% July 24
168
Feb
1G% Oct
29% Sep
102% Sep
123
Oct
tj
23
—
10
May 18
102
165
"Aug
1
169
Aug 22
165
Nov
7
203
I
9% Oct
8Va May 19
14% Oct
100
1
5
5
1
No par
com
l
67
Jan
13
10% May 11 >
171
May 15
17% May 16
10
Sep 22
21 ' Apr 19
19% May 19
11% May 17
9
May 17
140
'
Nov
Sep
48%
Jan
Dee
14 V
Jan
Oct
22
r*
Feb
Oct
141 V
"*ett
Nov
96%
11
89-
84% Sep
18
17% Feb
200
7
23
Ian
103
j.
200-
28"
13
n
26 % Oct
30
19
Oct
29% Aug
27
20%
Sep
•25.- •
22
14%
Oct
27% Feb
16
Feb
13
11% Nov
43
Feb
17
38
Dec
63%
Feb
3
63
Oct
71%
Apr
15% May 17
91% Oct
3
32% Jan
2
102% Feb
13
30% May 19
38% Jan
2
25% Feb
21
■
32
<
17%
Sep
Oct
5
103
120% July 17
108
lOo
117
May 28
130
8% preferred
100
Pub Serv Elec & Gas
pfd $5__No par
Pullman Inc
No par
Pure Oil (The) common
No par
127
Jan
30%
114% Aug
119 Va Jun
5%
preferred
100
Purity Bakeries Corp
No par
conv
2
110% Jun 24
51% May 19
21 % May 19
106% Oct
6
25
May lfy.
Aug
Aug 18
146% July 9
114% Feb
P
112
Feb
67
May
105% May
41
July
Dec
31
Oct
30
Nov
98%
111
preferred—
Nov
; -
31% Jun
22'
July
Sep
Sep
Jun
116% Jan
W
Jan
139% May
150
Jan
•
Nov
117%
Feb
3
47%
Sep
69%
Jan
28% July 25
19%
Feb
61% Feb
28% May
W% Jun
109% Ton
17
107
Oct
36% Feb
4
30
Sep
38%
Oct
29
19%
Feb
16% Aug
Nov
80% Feb
4
19
Jan
96% Mar
15% Jan
2
Feb
20
Mar 14
24
R
8%
8%
8%
8%
8%
8%
70'/a
70Vb
8%
8%
13,700
69%
70'/a
11
70'A
70'A
70 Vb
70 Va
11 Vs
1,300
10%
11
10%
11
10%
101 Vi
101%
*100'/2
11%
11
101
100%
100%
100%
100%
35
35
35
*34
35%
28%
4
27%
27%
28
28
281/4
27%
28%
*34
35
>
21,900
100
100
370
*34
35
100
Radio-Keith-Orpheum
l
Ralston Purina Co 3%%
pfd
100
Raybestos Manhattan.:
No par
7% May 19
69% Oct 22
10% May 21
100
Nov
7
10%
•
1
105 % Mar 1
76%; Dec
15% Oct
100%
32
28%
Apr
Dec
112%
Feb
Dec
49%
Feb
30% Oct
15
17 %
Sep
33
25
28% May 19
17% May 19
35% Jun
9
38% Feb
14
32%
Nov
39
50
16% May 17
22% July 25
16%
33%
•3%
J»in
46%
Jan
il
Apr
41
Feh
10
36%
36%
28%
28%
36 Va
36%
36%
36:%
I8V4
*18V8
36%
36%
18 %
18 Va
18 %
17%
18
*41
18%
43%
18
43'2
*36%
43%
1,900
*42
45
300
4%
non-cum
1st preferred
50
41
Mar
33
3
33
48% July 25
40
200
4%
Sep
Sep
non-cum
2nd
50
33
Nov
6
39
36 Va
Oct
36 y2
18%
*42
*32%
34
*13%
14%
99>/2
*98%
43%
34
*33
34
33
14
14
*13%
14%
13%
100 V2
99%
99%
13%
13%
13%
*99
13%
122
121%
26
a
43%
*33
13%
4
*121
122%
*24%
122
26
122
*24%
25%
*99
13%
121
43 V2
33
14%
14'A
100%
100'/a
1,000
12J %
*24%
25%
12
12
12
12'/4
121/4
12 %
70
12 Va
*69
69
69'/4
*67%
70
14%
15
14%
15
*98
15 V8
99
99
98
98
30%
30%
*98
*30%
31
30 Va
31%
LOW AND
Saturday
Monday
Nov. 1
Nov. 3
1 per thare
1 per share
HIGH
Tuesday
Nov. 4
?3b
7%
7%
8%
4%
4%
4%
9 per share
4%
SALE
Wednesday
7%
4%
8%
4%
11
11
11
11
11
28 %
28%
27%
28 %
110%
110%
20'%
20%
20%
21
103%
20%
*
103%
71/2
21
1021/4
104
7%
*24
7%
103 '/2
10%
*103
10%
101
7%
7%
24 Vs
24
24%
103%
111%
23%
105
10
'102%
97
Thursday
101%
7%
23%
105
9 per share
7%
7%
9 per share
7%
27%
19,200
110%
200
*110%
x20'%
*101
7%
22%
*102'/2
27%
UIV2
20Va
IO2V2
7%
231/4
110%
20%
*101
7%
23
11%
500
4,900
2214
22%
49V2
*48%
491/2
*97%
97%
22%
22%
*22%
22%
900
16%
2,200
16'A
16%
16%
16%
16%
25%
25%
161/4
16
*25%
26'%
*25%
26V4
*26
6%
6%
6%
19%
18%
*64
65%
65%
65%
64
64
*20
20%
*19%
20%
20
20
45%
45%
8 ?8
8 Vs
45%
7%
19%
92
*90%
*90%
22
22
22
113
113
*112
23%
61%
*20
6%
19
23 '/a
*23Va
61%
20 «/4
63%
700
Ruberoid
20%
300
Ruppert
10%
10%
10%
103A
90%
13,200
90%
90%
92
92%
140
21%
21%
4,500
112'/a
112 Va
70
22%
21%
113%
112V4
21 Va
31%
32?4
*44%
46%
98
98%
*97%
98%
97
9 7'/a
*96%
97%
96 V2
97'%
97
97'A
210
141/a
14%
14'/a
14'%
14%
14%
1,900
15%
16%
15%
15%
14%
15%
*44%
46%
*441%
451/4
441/2
44%
33%
33%
33%
33%
34
12-1/4
12%
Wr
8
12
12V4
103%
61/4
6%
38%
38%
12%
12%
8
8
12Va
104
12'/4
104
*6
6V2
38%
38%
12'/a
12%
7%
8'/a
12%
12%
103%
103%
9%
*92%
14%
*43
33
*6
113
9%
94
9%
31%
*45
*92 %
9%
32%
46 %
94
15
14 3A
14%
44%
44
44
33
6V2
33%
*6
12%
121%
12%
12%
*.102
I2V4
104
12 Va
101%
3,500
400
200
37%
7%
50
2,200
37%
8
180
6%
37%
8
300
34%
x37Va
12 Vs
2,900
12,700
8
12%
102
17,500
4,300
1,400
3,800
90
27
27
26%
26%
26
36
36%
36 Vs
26%
36%
25%
26V2
26%
35
26%
36%
3,400
357/8
35 3A
36
3,900
23'A
24
1,500
*23
23%
*79
79%
16»/4
For
16%
footnotes
16 V,
see
23%
35%
*23 Va
79 V4
23%
*79
79
79
*79
16V4
16%
16%
23%
page 24.
Co
(The)
*23 Va
4% May 19
105% Apr
Aug 11
2
100
bet
15
20
Oct
34% Jul?-
Year 1946
Highest
$ per share
7%
t per snare
7
7
Dec
17%
30
15% Feb
4
13%
Oct
2J%
Feb
22 Va May 19
30% Feb
21
24%
Oct
40%
Feb
113% May 28
107%
Oct
4% Nov
11
Jun
110
Sep
30
May 19
14
100
9
May 27
100
Lowest
9% Jan
8% Feb
100
90
24% Feb
110
3
7
Nov
44 %
118
Apr
Feb
Apr
16
18
Sep
JI %
May
7
97
8ep*
U0%
Jan
Apr
11% Feb
8
39
Jan
2
24 V2
Sep
124
Jan
28
9% Oct
18% May
46% Jan
105%
Sep
9
May 19
36% May 20
16% Feb
7
12%
Nov
18%
Feb
10
44 Va Feb
4
36%
Sep
46%
Jun
45
50
Feb
3
43
Feb
M>% July
104
Feb
6
1
May 29
136
Jan
97% Nov
5
100
Nov
" Apr
13% Jan
14
25% Feb
3
19
Dec
i8
par
16
5
12%
Oct
90% May
par
23% May 16
17 Va Aug
31
Feb
3
25
Oct
*4
Oct
13%
19
55/3 Sep
2
No par
5
5,600
*33
101
Jan
$ per share
par
1
Wks Inc
(Jacob)
31 Va
30%
11
94
100
1
30'A
*92'/a
par
100
Royal Typewriter
29%
15
45% Apr
27% May
May
Dec
33% Oct
$ per share
19% Jun
series
Metal
30%
97%
74
18% Nov
9
7
19% Sep
4
42% May 19
i87/fl May 19
10 % Mar 31
20
Oct
6%
108%
Feb
Jun
Apr
Feb
7
24% Oct 21
17
68 % Oct
20
40
Va
Sep
*»
26 % Feb
21
21%
Oct
14%
55% Jan
2
Oct
10%
Jun
May
Jan
S
46
33%
6
Art
20%
46%
38%
3.60%
Oil
29 3 4
94
102
Highest
No par
com
Manufacturing Co
Richfield
621/2
45%
6
Rheem
St L-San F Ry Co
14%
17
Dec
14% NOV
19
St
94
7
13
15
Common
Preferred
400
31%
38%
Co
7,600
14%
Nov
10
5%% convertible preferred
Reynolds Spring
Reynolds (R J; Tob class B
24
33%
*96%
Metals
3,900
95
Sep 24
97
24 Va Jan
Sep
Ronson
33 '/a
97%
Sep
26%
18
6% Sep
200
33%
14 %
Reynolds
7%
98%
76%
13
84% Feb
2.50
Inc
1,200
33%
*93
Rexall Drug
2,300
9%
*96 34
Republic Steel Corp com
No
6% conv prior pfd series A
Revere Copper & Brass com_.No
5%% preferred
6%
*112%
97%
10
18%
9%
97%
50c
26%
113%
*96
1
common
7%
46 Va
16
16% pet
126 % Jan
Nov
Range for Prevtwue
preferred
45%
10
112% Feb
Dec
Lowest
6%
9%
*45
Pictures
convertible
8
22
Sep
12%
11
Range Since January 1
18%
9%
46%
$1
46
22
15
99
8
14
Feb
1
17% Feb
11
May
Apr
4
29 % Feb
STOCK
Corp
No
Ritter Company
_No
Roan Antelope
Copper Mines
9%
*45
Republic
7'/a
90'/a
18% Feb
108 Va Mar
135% Oct
50c
1
Republic Aviation Corp
45%
92
common
14
85
May 17
2OV2 May 21
11% Sep
4
Par
7%
Xl0%
Oct
16% Feb
EXCHANGE
46%
11%
May 17
July 14
May 16
687/a Oct
25
NEW YORK
7%
11
9 Va
96
11
100
$4.50' preferred.
45%
29 %
.100
No par
No par
Reo Mb tors Inc_____
8
29
11%
11 Vs
24
new
47
30
4
Remington-Rand
200
16%
*23 '/a
(Robt) & Co 1st pfd
Reliable Stores Corp
Reliance Mfg Co common
Conv pfd 3V2%- series
50
981/4
251/4
6%
10
*48%
16%
19 %
1041/2
*97'i/4
251/4
24
1,400
39%
971%
6 V4
23 "a
39%
97%
19
30
14,000
*10%
11
39%
23 %
3,800
7%
*1021/2
11
19%
20%
102
105
39%
24
11,600
27
27
10 Va
6
Reis
1,200
391/2
6
7%
6,900
49 Va
*23%
50c
Shares
4%
10%
*18 5 8
5
common
100
the Week
11%
491/2
DAY
Hosiery
Preferred
Sales for
Nov. 7
4%
39 %
22%
Friday
11%
Va
22 %
Real Silk
preferred
Reeves Bros Inc
200
1,700
4%
39%
23%
7,800
11%
49
2.3
30
41/2
39 '/a
ELECTION
800
11 Ve
49
98
15
31%
39'/b
*97%
14%
70
97
49
98 %
12 Va
60
25%
12 Va
31
49
*97%
*24%
*68
99
39%
10%
121
31%
Nov. 6
28 %
*109
*120%
300
1
STOCKS
Nov. 5
I per share
11
111%
30%
*13
common
PRICES
28%
*109%
*97
Rayonier Inc
$2 preferred
Reading Co common
30
13%
70
14%
900
13%
13'A
12-
15%
6,400
100%
*69
103%
200
,
19% Oct
No par
Radio Corp of America com__No par
$3.50 conv 1st preferred
No par
8%
70 Va
*'24 7
May
34% Jan
35 Va Oct
Colorado___20
Quaker State Oil Refining Corp__10
8%
13 3
92
12% Nov
71'/a Nov
100
Mar
Oct
14 % Jan
May 19
preferred
May
210
Nov
38% Oct
May 20
16
202*
68% Dec
12% Oct
34
21% Jan
7%
9%
93% Oct
57
5
Fab
26 % May
30
Feb
July
;1
50
com
106
•
30
Oct
No par
Inc
of
'•
Dee
197
15
Apr 22
59% May 17
Mar
ta% FeT
17% Nov
xl6% Dee
23
No par
114
136:
200
»
2
No par
preferred
89%
Jan*
•
jau
100
:.y
7% Sep
.
'Mat 29
♦2% Feb
(The)
Co
23
32y4Apr 21
7
May 19
600
11
*29 3
110,
Jun
jhw
Q
231%
70%
*33 3
Deo
12
103% Apr 24
109% May 14
700
28%
29
106%
m
Corp of N J com._No.par
preferred
...No par
107 Va
106 %
Dee-
Serv
110%
53%
29
*:3
Pub
121
*112%
106 Va
16%
30% Apr 28
10
4 % % preerred series A
Procter & Gamble
110
53%
106'/a
Jan
100
Pond Creek Pocahontas
Poor & Co class B
106 Va
53%
107
Nov
73%
41
Plymouth Oil Co
111
263a
26'a
89
"
124
113
M
preferred class A
100
5>/2% 1st ser conv prior pfd__100
Pittsburgh & West Virginia
100
107
141
Oct
Dee
Feh
5%
124
140
20%
84
49
—No par
Industries
106% Aug
93
July 25
63% July 14
preferred—
cum
Sep
31% July 17
17
25
Pittsburgh Plate Glass Co
Pittsburgh Screw & Bolt
Pittsburgh Steel Co com
7% preferred class B
Service
Jun
Jan
15
$4.75
Jan
112
Apr 29
50% Mar 15
10 ',
Public
71
81
30Va Oct
Publicker
Jan
Sep
Dee
21
common
Pressed Steel Car Co Inc
Feb
102
100
Hosiery
Pittston Co
19%
47
Dec
96% Dee
26% Feb
110%
♦112%
8
2
7%
Oct
Deo
104%
91" Sep
18VaJan
107
53%
Mar
17% May 19
124%
112%
101
July
May
33%
1
112
53 '/a
6
6
30% May
89
1
106%
112%
113
53'2
Nov
95% Nov
97
122
20%
21
98% Mar l'i
Pitts Consolidation Coal Co..
110%
53%
*112%
33J/a Oct
43% Jan 18
109
Feb 25
No par
5
preferred^—
106
*123
16
34
Dec
11%
Pittsburgh Forgings Co
160
1,700
Jan
May 23
26% May 19
Dec
116
No par
com
preferred
Plough Inc
2514
225
100
Pittsburgh Young & Ash pfd
'
34
109% Aug 12
167/a Oct 15
Pitts Ft Wayne & Chic Ry com__100
9%
83%
5
Pitts C C & St Louis RR
100
Plttti Coke & Chem Covcom__No par
$5 convertible'-preferred
No par
150
40
39%
12%
35%
$4
3,600
21%
*145
39%
9
84%
35 %
21%
*135
83 Va
17
17
9%
82'/2
160
34 %
*10 >2
38%
9%
9 V2
9%
21%
•15%
93
cumulative
Pillsbury Mills Inc
'280
'
15%
93%
28%
600
*95
15%
93%
170
*167
103%
Nov
100
preferred
Phillips Petroleum.—
Phoenix
"
16
168
*145
102%
102
Sep
27%
120% Aug 12
10% May 19
Highest
# per share
24%
29% Jan 21
6
1
preferred
5%
x
3
Nov
common
series
2
100
Phillips Jones Corp
12,600
26% Jan
27% Jan
t per share
114
Reading Coal & Iron
3.60
90
58%
57%
94%
28%
22 Va
%
57%
*95
15%
*93'*
29
*89
♦95
*1512
*22
*29
6
21
4%
14
34%
59?
a
*29
23 Va Jim
Lowest
100
preferred
Corn
S per share
89
50
*29
$ per share
3
300
30(a
*131
6,800
*95'/a
*93
No par
No par
common
Highest
3%% preferred series A
100
Philip Morris & Co Ltd common—5
90
28
Co
Year 1946
Lowest
$1 preference common
4.4% preferred
114%
102%
102%
*97
96%
*29
15 VB
114
"109%
Phila Electric
Range for Previous
Range Since January I
Par
8,800
27%
103 %
STOCK
EXCHANGE
Shares
23 7a
103
(1905)
RECORD
PRICES
23 5 a
115
CHRONICLE
161/4
231/2
791/2
16 %
*79
16%
79%
16%
100
1,700
Joseph Lead
St
Regis Paper Co
1st
pfd 4.40%
Safeway Stores
5%
v
common
series
A
common
M
11%
Dec
U%
Dec
33
Aug
8
30 Va
Dec
13
Dec
5
9
12
Oct
22
22
Nov
5
Seaboard Oil Co of Del
90% Oct
30
20 Va May 19
xll07/a Jun
17
98% July 24
26 % July 17
114% Mar
110%
Ncv
U6
Mar
Nov
L00
Aug
♦2
Oct
R1
July
100
11% Feb
55% Jan
63
No par
49 Va Jan
96% May
1
103% Sep
96% Jan
3
102 % July
pfd__100
common__5
100
No par
Sears Roebuck & Co
c°mmon
preferred
Shamrock Oil & Gas
J*4T?1 uC°rp
No par
5
1
1
No par
1_1
No par
Sharpe & Dohme common
No par
$3.50 conv pref series A—No par
G)___
No par
14% Nov
90
'
Jun
5
26
11% May 19
18 Va Jan
98% Mar
n
Oct
10
73/4 Oct 30
10% May 19
101% Nov
7
110%
Jun
Dec
ICSVs
Nov
Jan
20
3
13
17%
Sep
17%
15
42
Sep
vr%
Feb
35% Oct 23
23
Oct
39%
Apr
NOV
17%
Feb
49%
Apr
23
5y2 May 17
30 Va May 19
Dec
95%
Feb
55
8
-Tan
24% Feb
39% Mav 17
Mar
May
34% May
Sep
9%
4
23% May 17
41% Mar 14
5
Seeger Refrigerator Co
Seiberling Rubber Co
(Frank
30
No par
Seagrave Corp
Shattuck
Jun
1,75
cum
(The)
preferred series A
Sei;!ei«Inc
$4.50
9
7%Mavl9
3.35% cumulative preferred
100
Seaboard Air Line com v t c__No
par
5%
Jun
40
5
preferred
Scovill Mfg Co 3.65%
Scranton Elec Co
100
100
Savage Arms Corp
Schenley Distillers Corp
Scott Paper Co common
cum
Sep
2
18
t c__No par
preferred—
$3.40
45
5Va May 19
May 19
12% Jan
100
10
com
Preferred series A 5%
10% Feb
6
6%
35 %
Nov
40% July 14
16 ya Feb
8
IOV4 Nov
16% Feb
11
13 V4
Nov
16% -Feb
3
12%
Oct
110
Jan
7
105
13% May
»% July
24%
Dec
Jan
m% May
1
17%
24^ May 19
40% Oct 20
23 Vs
18
May 19
33% Jan
6
23
Jnn
(0%
19% May
75
Jun
82
Feb
19
77
Jan
41% May
16
May 10
21% Feb
18
17 V4
s-r
20% Apr
15
3
27% July
Oct
12%
Oct
5
Apr
Peb
A Of
21
22
RECORD
STOCK
YORK
NEW
Monday, November 10, 1947
CHRONICLE
COMMERaAL & FINANCIAL,
THE
(1906)
Kuiige for Previous
STOCKS
AND
LOW
HIGH
Saturday
Monday
Nov. 1
Nov. 3
SALE PRICES
Wednesday
Tuesday
Nov. 4
S per share
i per share
*13
14
13%
*31V*
31%
S per
share
7%
7%
*7%
4 %
37%
36 3 4
37
46
46
16 Vs
16
16%
98
98
98
101 %
55%
381/4
97
*26%
27V2
27%
27%
16%
161/2
17
16%
3%
*18%
19
97
17
3%
411/4
2,800
172
41'%
30%
30%
30%
30%
24 Vs
23%
24
2,400
Southern
Southern
241/4
24
44
9,600
Southern.Pacific Co.
35 %
6,700
237%
62%
ELECTION
*62
71
71%
*69
71
DAY
44
44
36'%
35!<8
35%
35%
63
62
62%
70
*68
62
62
70
30
18
400
*17%
18
5%
5%
5%
51/4
5%
8%
*8%
9%
8%
8'%
*75i%
91/2
751/2
5Y2
8'%
.
400
%
28%
281/4
23%
700
20%
21 %
21 1/8
21 3 4
4,700
Sperry .Corp
10%
10
10%
101/4
10%
8,300
Spiegel Inc common—
101/2
1
2
11
77
75%
28
21%
No par
78
751%
preferred
*76'%
78
17
291%
28
23
1,400
301%
29%
27 3 4
30
29%
30%
101'%
101
101
200
102%
101%
27
6,400
102
*1021/2
1031/2
27 %
27'%
27%
27"%
27%
94%
27%
*93%
94%
93%
25%
27%
27%
271%
105%
105%
105%
1153/8
1153/8
116
27%
*105
*115
IO5Y2
*1151/4
17
17%
16%
27
93%
93
93
27%
25%
26%
271%
26%
116%
113%
60%
61%
61%
62
40
401/4
61 3*8
61
40%
40%
40%
40%
x39%
40%
73%
77 Va
76%
77'4
22,200
76%
771/2
77%
77%
76%
77»/4
28
27%
28'a
36,200
27%
27%
27%
27%
271/4
28%
l'U
%
100'%
100 1/4
61
61
61
40%
41
11
r%
3
r%
lb
103%
4
103
*100
14%
*98
27 %
14
14%
*45
45%
*451/2
46
46
*44
46
*15%
16%
*15%
16
39%
39%
39%
99
33%
33 3
161/4
16%
20%
20%
21 %
*20%
*97
*21
16%
39 3'4
39i%
40%
971/4
*95'%
3234
33 %
32%
16
161%
Xl5%
16 Ya
20%
20%
20 V8
-20'A
14 3
8
14%
20%
20 %
12
106 %
106%
20%
11%
12
53 %
124i%
123%
122%
10%
39%
*53%
123
*122%
124
10%
10%
10%
10%
39%
39%
39%
391/4
97/s
9%
9%
9%
21%
21%
21'%
21%
10%
10
10 y4
221/4
21%
22%
19%
43
*42
33%
33%
4
18'%
19
33 7 3
123%
128
11,100
12%
2,400
11%
Sun
1,100
55
122%
10%
10%
16,400
1,700
300
800
18
18
43
Sutherland
*19','2
20''4
Sweets Co of America
33%
331/2
33%
2,800
Swift
23Va
23%
23%
1,800
3,400
*19%
20 %
34
331%
23
23%
23
23 'A
21%
21%
21%
21%
21%
20%
21
20%
93 %
93
92
921%
160
94
931/4
92
94
6 '/a
6
6'%
5,200
6%
6
6 %
6 %
6%
61/4
5
Apr
Apr
Apr
a
(The
1
29
11
17% May 20
101 % Jan 13
13
May 19
36
May 19
14% Jan
2
AND HIGH
Monday
Tuesday
Nov. 1
Nov. 3
Nov. 1
f per
share
*10%
11
$ per share
17V4
58 '/a
58 '/a
16%
16%
16%
57%
57
57
*57
4%
4%
17%
18
17%
53%
16%
share
*10%
11
4%
17%-
57%-
I per share
I per
Feb
Jun
37
Sep
53 Ya
Jun
2
16 y8
Oct
26% Aug
2
5
41%
Jan
102%
Oct
13%
Oct
20V*
Dec
14
Jan
*10V4
11
4 •' a
4%
17%
13
Talcott Inc
11
800
4%
1.200,
18
57%
58%
31,700
16 1/4
15%
15.%
15%
16
4,500
Texas
Gulf
56 7%
57%
56%
57%
2.200
Texas
Gulf
Sulphur
42%
43'.4
X42'%
43 %
42%
43'/4
4.600
Texfis
28
29Vt
23
28%
28%
28%
10,900
Texas
46'%
*45
46%
58%
53
2
18 Va
12%
IOV4
Thermoid
13 Va
13%
13%
13%
48
48
*47
48
48
43
15%
*141%
15%
15
*14i%
51
10
10%
23%
231/4
231%
ELECTION
11%
*lli/4
11%
DAY
47%
47%
471/4
98
*961/2
4%
*41/4
29
*27'/4
23'/4
23%
1001/2
100
18 %
181/4
98
*96%
4'%
41/8
*27
29%
23
23%
99%
100
18'%
18
50
10 %
50
9%
10%
9%
23
23 Ya
22%
IIV4
111/4
46'%
47
*96'%
98
96%
4'%
1%
9%
*11%
*10%
52
*50i%
*46'/a
*23
10%
101/4
11'%
10
13'%
IOV4
*49%
9%
11%
*10%
46
46%
49
96%
961/2
96'%.
*27
29
*4
*27
56 Ya
Oct
24
Oct
Oct
353/4 May
160
102
Apr
21
Aug
Sep
41 Ya
Feb
25%
Nov
36 Y4
19%
Nov
41
Jan
Feb
Nov
7%
109 Ya
Aug
Nov
101
16%
Jan
Previous
Year 1946
Lowest
I per
share
Highest
$ per
share
Tide
Water
18%
2,300
Timken
50
501%
1,700
TiipKep Roller^ Bearing—_—_No par
tTransamerica, Con>—
—2
Transcpnt'l & Western Air Inc±.
5
Transqe & Williams Steel
No par
Tri-Con4inental Corp commoni..._1
18
18%
17%
49%
50 Ya
49%
50
12%
12%
12%
15'%
15
15 %
151/2
15%
15%
*15
15%
16 Va
15%
6%
6%
6 %
6%
7%
6%
6'%
6%
106%
106%
106%
106%
106%
30
251/2
25%
26%
38
36%
36%
98%
*96'/2
98%
2,700
15%
2.500
300
6%
107 V4
9,300
40
*106%
2.9%
*29%
25%
25%
25'/4
25%
11,800
36%
36%
•36%
*361/4
37%
300
98%
*96
106%
29%
26%
•
36%
*94%
13%
■15%
30
29%
25%
*361/2
12%
15 Vs
*15
*97%
98%
8%
8%
9
*8%
*98
*8%
30
98%
9
1,300
_
300
Detroit/ Axle.
$6 preferred—
No par
Tryax-Traer Corp—
—_No par
20th Century Fox Film com—No par
36%
*36%
371/4
16
151/4
151%
15%
15%
15%
70Q
151/4
15%
16
*12'%
13
*12%
12%
Udylite Corp
13
12'%
12%
13
13
1,000
12%
54
1,200
Underwood
55%
54%
54%
53%
54%
54i%
54%
12
11%
11%
12V4
800
343/e
33%
34%
Coach
Co
28
9Y2 Mar
July
18
Sep
Oct
60%
21
14 Ya
Oct
26% May
65
May
18
Sep
46%
32%
Jun
Jun
8
21% Feb
13%
Sep
5
59% Feb
13
47
Sep
61 Ya July
13
15
Sep
30Ya May
13
10
Sep
17%
15
48
Oct
9% May 19
17% Feb
13% Feb
26
60% Feb
12
May 19
70
6% Aug 21
14% Feb
5
Oct
20%
Jun
4
24% Oct
21
16
Dec
18 y4 Nov
16% Feb
u
14%
Oct
21% May
59% Jan
30
Oct
09% Jun
112% jun
10
38
Sep
15
May 19
96% Oct
22
106
Mar. 10.
3% May 17
7% Feb
3
39% Feu
I
25% Oct
9%
38%
102
Oct
13%
Jan
32
Oct
68
•.
Jan
;
Nov
24%
Apr
Feb
I
20
17%
31
108% Feb 24
99%
Nov
15% May 19
4
53% Oct 20
16 Ya
Oct
99
Oct
401/0 May
13
21% Feb
10% May 17
15% Jan
13'/a May 17
22% Jan
3
6
May 13
19% Feb
3
5% May 19
7% Feb
7
14
101
Jun
2
112% Feb 20
Oct
13% Oct
38 Ya
18%
14:
Dec
*11%
34
105
105
105%
105
113
*112%
113
99
99
*97%
100
97%
97%
24
24
24
147
145
*112%
*145%
101»/4
97
101%
*1001/4
34%
34%
34%
For
97%
24%
146
102
34%
footnotes see page 24.
53%
•
12
33'/4
*11%
12
33%
104
105V4
112'%
33V4
104
112%
•97
•:
112%
*95
99
*94
96
96
12 Va
331%
105
112%
99
96
54
121/4
33
103%
*112'%
*95
94
33%
5,400
104'%
7,500
113%
99
94
90
Corp.,
1
—
No par
_5
Union Asbestos 81 Rubber Co...
Union Bag & Paper———No par
Carbide & Carbon
No par
Un El Co of Mo pfd $4.50 ser__No par
Union
v
60% Jfan
21% May
;
I
Jan
[
H
71
Sep
22% May
30% Oct 24
16'
37%
Oct
46% Nov
Deo
106% Jan
79 :
6
Jun
27
7Vo May 13
16
Feb
11
11%
Oct
24
51 % Feb
18
43%
Dec
71% Apr
11% Nov
26% Jan
80% May
36% Nov
6
17% Oct 14
May
88
Sep
125
Apr
112% Oct
16
115
Mar 31
111
Jun
115%
106% S^p 3Q
106
Feb
111-
Jan
Oct
6
96
Deo
107%
Jun
160
Apr 14
Apr 15
24% July 24
152% Oct 20
Nov
111
i
California.
25
20
100
120
100
100
No par
30
100%
1011/4
100
100 %
35
30
110% July 11
1
Union FacitTe ER Co common.
800
1.400
4%
Union
non-cum
Tank
preferred...^
Car..
23% Apr
15
7
7
May 21
104
Jun/
Feb 26
38% Feb
10
Oct
29
May
168% Feb
Sep
I20Y4 Mar
42% Jan
<20% NOV
110
103ft
32
;
Apr.
89% Jan
Nov
Union Oil of
35
25% May 19
Nov
1,700
35
Jan
99
4,700
35
Nov
94
241/4
•
Sep
12
23
No par
144'%
35
49
16
37% Oct
No par
143%
101
July 23
7
25
58 »/2 Feb
15% Jan
series.
24'/a
34 Yz
15 Vs
$3.50
144%
101
2
$3.7(T series.'
23%
24
12% July
43% May 19
9% May 17
Preferred
144%
;
May
Jan
104
Preferred
241/a
•
24
,
63% May
102%
48
30
95% Oct
100
144 Yc 145'%
{
Jun
Sep
38% Jan
6
26%
105'
25
8
112
33% Feb
12% Jan
114
Mar
Dec
5% Oct
15% May 19
Sep
;
Oct
5%
V
(The).
,
Feb
Feb
9% May 19
371/4
*151%
July 24
Sep
1
*36%
36%
37
36%
*36%
36%
120
68% Aug
Nov
Twin
9
Feb
13
34% Aug 21
*8'/2
Jun
52
48
preferred—--—No par
$4.50 prior preferred-.:
No par
Twin City Rap Transit com—No par
5% conv prior preferred—
50
$1,50
Jan
25%
Sep
May 19
18
17%
Np par
5
13
15
Sep
35
May 19
$3.75 preferred !——
Dec
5
18
640
Jan
6%
14%
58% Feb
20
15,800
11%
291/4 Nov
lo
Associated Oil com
22%
99%'
19 Ya May
17
9
Feb
44% Oct
com—No par
No par
22 %
15'%
9
Thompson-Starrett Co
$3.50 cum preferred
...^
99
12%
9
29
com
99%
15%
251/4
(J R),..,
Products
preferred^.,.
Thompson
Thompson
22%
12%
30
55 Y4
Sep
16
,—1
25
No par
1Q0
Thomas Steel Co (The)
22%
4?'%
30 %
23
Jan
31
2
Nov
13%
Jan 13
49 % Sep
99..%
12%
107
Dec
19'/a
17% July 28
58
13
16% Jan
231/4
15
7
Apr
May
38
7
5
Oct 31
Jan 28
Jan
Aug
18
18
41
div cojqv preferred
50
Transit Corp—No par
$2%
Third Avenue
120
1,600
—1
common
99%
49%
30'/a
<1%
1,600
.
No par
Co
99%
151/2
107
400
11%
Pacific Coal & Oil
Pacific Land Trust
& Pacific Ry Co
X22%
12%
*16
2,800
22%'
22%
15%
51
230
4,900
10%
22%
12%
*50
1,400.
51
11%
30
*27
*14%
200
46'%
45%
4 Va
41/a
*45
13
The, Fair
131/a
51
Jun
May
Sep
68% July 28
46% May 27
100
45%
13%
49
10% Jan
Np par
700
451%
13%
*10%
May
78%
124% Aug
17%
20% Aug
26
15%
*45%
13%
101/4
Apr
24 V* May
110
10%
7% Jan
53% Sep
140
46i/2
13%
52
Sep
Apr
42'/a
14
13 % May 20
15% Jan
271/4
IC/2
Sep
117
Feb 13
1041/4 Mar 11
10 Va Feb
7
May 16
1
Texas
100
Thatcher Glass Mfg Co common—5
$2,40 conv preferred
No par
*451/2
52
Nov
61'/a
$ per share
10
28%
101/2
Oct
38 Va July
103%
Highest
21% Jan
44%
15
23%
2
24% Feb
Mar
3% May 16
25
1
Producing
57%
58%
27%
48%
Feb
23
Oct
14
47
21%
37 %
27%
28 %
9
10
5
5
(The)
Co
56%
43%
16
39% May
Jan
14%
Oct
$ per share
9
Telautograph Corp
Tennessee Corp—•____
15%
57%
44V2
49%
Aug
26% May
21
Range for
(James)
Texas
27%
*14'/2
May
63
109 Ya
7%
Lowest
Par
Jan
25
Range Since January 1
STOCK
EXCHANGE
Shares
I per share
44%
*49
YORK
NEW
Sales for
the Week
July
30
108%
T
4%
17%
*17%
Nov. 6
Friday
Nov. 7
Thursday
Nov. 5
*10%
11 Vs
*10%
4%
5
*4%
1 per share
SALE PRICES
Wednesday
Dec
56
STOCKS
LOW
Saturday
78% May
Oct
45% Jan
20% May 19
91% Oct 23
5% May 19
1
Nov
13% Mar 6
24% Oct 14
132
Oct 23
7% Jan 11
Gould Corp
49% May
Nov
Oct
25%
15%
109%
75%
125
8% May 19
Sylvania Elcc Prod Inc com —No par
$4 preferred
Nopar
Feb
11
7
11
3
17
24
21
18
21% Sep
59% Aug
37%
Feb
Feb
Feb
Apr
Mar
Oct
12% Sep
30% Jun
Apr
Feb
100%
3
25
Apr
149 Va
Dec
60% May
Oct
23
Jt^
49
Jan
104% Mar
10
—4.16%
135%
20% Mar
49
19
28
26
10
Oct
61%
17% Feo
19
Oct
37
% Oct
105
3
99 y4
78
19
31% Ausr
May
Dec
42 y«
July 24
80
Mar
55
70
44% July 21
3
May
116
20%
July 24
63
55
Oct
98 y$
6
Aug 14
125
24%
34% Nov
107%
11
Feb
& Co
Symington
Jan
37Va Jan
Nopar
25
5o
Co
July
39%
17
Swift International Ltd
20
Paper
May
104
40%
102
32% May 27
Superheater Co (The)
Superior Oil of California
Superior Steel Corp
22
130
*21%
*127
Jan
27
Sep
109%
10 % May 19
Mining Co
13%
Nov
Nov
45'/a Jan
1
Sunshine
Apr
Dec
112% Feb
10c
3,900
Feb
30%
18% Feb
12.50
400
9%
96
14%
8
3
Sunray Oil Corp
Sunshine Biscuits (Inc__
8%
9%
Jun
Oct
84% Sep
15% Sep
33% Feb
19
Jan
Jun
90%
18%
24% Oct
21% Jan
—100
cum 1
38 7« 3
94
*6%
(4Va%
pfd
A
65
Oct
7
14% May 19
19% Jun
3
Nopar
Oil Co common
Jun
Sep
4
15
Feb
May
May
July
May
Oct
70
11 Vs
May 17
May 17
Mar 11
May 19
Mar 17
16
10%
105
51
118
% Jury
33% May
92
—1
20
1
**
Jan
5% Oct
8
36% Oct 15
19% Feb
7
1
Sep
16% Nov
4
31% Sep
9
13'% May 17
Nopar
Feb
May
73
x35% May 13
Corp iThe)
Corp common
Deo
193
Dec
171/4 Feb
18
Chemical
Class
240
21%
2IV2
*931/4
Sun
09%
64 y*
15
$4.50 series A preferred
23 Vs
*23
Studebaker
106 %
*105
12%
33
5
100
& Webster
*42
33%
23%
20%
20 Va
1
Stone
42 %
*42
43
*19
33%
2.900
•3
Dec
Jun
38%
7
May 20
common
18%
18 %
18%
*42
42 %
20 3/4
*20
21
*20
18 3
*41%
129
*126
129
*126
128
14%
100
122 %
1034
21%
Stckley-Van Camp Inc
5% prior preferred
54
54
391%
10%
*39
10%
*19
'
106'%
54
1,900
14%
14%
*105
1,800
20%
21
Nov
Dec
Sep
22%
5
15 14
NOV
30
13
May 17
Inc
Co
B
167
No par
&
P)
201/4
15
%
20'%
53%
10%
20
21
12 Vs
106'%
(J
Stevens
Dec
48%
Aug 26
12
Stewart-Warner Corp
21
151/4
20 V8
20%
*105
2,700
32%
•% May
20%
2
97% Nov
Sep
02%
2
8.
37
preferred
3%%
100
9
0
1
Sterling Drug Inc common
3,400
97
31%
32%
15 y4
38 %
9
7
47
Sterchi Bros Stores Inc
*95
97
32%
Starrett Co
300
33 Ya
38%
141/a
123%
*38%
38%
100
16
Apr
Jan
7
7
Nopar
LS
(The)
44 Vi
May
i»%
90 % Feb
Oct 25
100Va Nov
5
10% May 19
41% Jun
3
50
convertible
4%
16
14
531/2
*123%
*42%
16%
*20%
21
53%
53%
44
*15%
Standard
100
45%
117%
12%
*105
32%
*44%
14
20%
12%
45%
20'%
143,8
20%
2.700
July
48
7%
18
63
iOu
Oct
4%
36% Jan
23% Jan
100
1
preferred series A
Steel Spring common
preferred
3%%
100
14
*95i%
97
*20%
21%
103
14
8
44
46
971/4
8
*98
14
*44!b
16 Ya
141/8
*125
45%
*44
*12%
*105
13 7
45%
*44
14 1/8
of
Rights
93,200
103
*93
14
14%
13,500
__
__
Oil
Dec
13%
114% Feb
81
89
50%
37'%
No par
California—No par
Standard Oil of Indiana
25
Standard O'l of New Jersey
25
Standard Oil of Ohio common—10
$7 prior preferred
Standard
9,300
61%
No par
$6 prior preferred
1,300
113%
•1
10% May
29% Sep
17'% May 16
Standard G & E? Co $4 pref—No par
300
103
*101
1151/4
114
16,700
Feb
Jan
Oct
NOV
99
8
24% Oct
7
6
26% Nov
93,
Nov
Jun
27%
31% July 14
71% May 20
13% May 19
27% Nov 6
101
Nov 7
Nopar
$3.50 cum preferred
200
26%
25%
103
*101
106
93%
*91
—
.
Square D Cc__
—5
Squibb (E R) & Sons common
1
$4 preferred- —:
No par
Standard Brands Inc com—. No par
2,600
16%
16%
17%
16%
16%
17
$4.50
Conv
220
76'/4
*75%
76
1
Kellogg & Sons
(Tne/
Spencer
46 *
42
14% Jan
75% Nov 3
23% Sep 8
16% May 19
8
May 19
No par
—
751%
29%
Jan
Jan
Sep
Jun
May
35%
Feb
Jan
7% Feb
20%
14
93% Jan
May 19
6
41
Oct
64
July 11
20% Feb
»b%
Jan
15
50'% Jan
77
Feb
May 17
4% May 19
17% July
14% Feb
Nov
38%
4
81
43% Jun
Deo
Oct
33
4 / % h'vo
15
76%
30%
*93
100
20%
2934
*29
103%
100
29
10%
*102
par
22
21%
*77%
preferred
$5.50
70
75 Va
*74
oar
Fob
5%
28% Feb
5
$ nor share
8
41% Nov
34% Jan
7
lltgfient
share
27%
17
17
8
7
21
23
3
22
20
23
30
6
Jan 18
Aug 15
56
181
July 29
34% Apr 19
28
(May 19
57%'May 19
70'% Oct 22
&'Bros Inc.
1
Sparks Withington
-No par
Spear & Co common
1
2,600
17
5'/»
8%
54'%
22%
22
(AG)
Spalding
Mar 15
30% Nov
7.50
No
Southern Railway common—No
5% non-cum preferred
Mobile & Ohio stock-tr ctfs
700
*63
70
13
18
18
.
5%
75%
43 %
36
18%
*8%
44%
43 %
1,800
.
14
19
22
May 19
$ par
10
reo
July
Feb
Feb
Jan
Feb
16% Ju.y
101 Va Nov
23
Oct
62% Oct
39'% Oct
102 % Jun
35'% Jan
41% Nov
25
25
preferred (new)
California Edison
Natural Gas Co/
8%
300
41%
36 %
78%
172
'U
34
9 Va
6%
41
51
3'% May 20
5% Oct 6
46'% Oct 30
14% May 28
37% May 19
154 May 19
100
preferred-
8%
20
20
19
19
13%Mar 14
—50
preferred
Jun
May
May
Apr
May
Apr
May 20
May 20
29% May 19
96% Nov 6
24 V4 July 1
Southeastern Greyhound Lines
5.
South Porto Rico Sugar com—No par
3u%
30'%
J4
623/a
71%
11
*168'%
15
Corp
O)
(A
5%
—
40%
36 %
10%
4,300
.
47'%
*45
47%
41%
62
22
6%
6 V2
6%
6%
6%
2,600
3%
3%
3%
3%
63,700
411/8
36%
21%
17
42
62
8%
16%
400
1,500
36%
77
16%
16%
230
'
191/4
443,4
29%
27%
—Nopar
No par
No par
Smith (A) & Sons
1,000
37%
96%
27%
17%
43%
8%
37%
96%
28
18
24
77
37%
97
*27i%
*36%
Smith
$ per share
24 V4
6%
4
27%
39
14
65
15
38
20
1
10
Carpet Co corn..20
3Vx%
cumulative preferred.—100
Smith & Corona Typewriteiv_No par
Socony Vacuum Oil Co Inc
.15
South Amer Gold & Platinum
1
South Carolina E & G Co com__7.50
600
.1,100
55
18
44%
29%
21%
54%
*45
24
%
•21 Ya
18%
43%
5
20%
55
18'%
172
*18
8,000
3,200
471%
2334
5%
16
97
96%
38%
27%
23%
17%
15%
x96%
i
•
Steel—Sinclair Oil Corp
Skelly Oil Co—J
Sloss-Sheifield Steel & Iron
*168'%
oU
5%
16
Co
Year 19 Hi
Lowest
Highest
12
1
15
,_1
—5
Corp of
Simonds Saw &
200
417%
30%
17%
45
54%
6%
18 5'8
OO
45
x20!4
*45
42
%
46
97i%
55%
3%
47%
*168
Simmons
15%
21%
16%
41%
169
169
*30%
1,600
4
97
16 %
97
18%
41%
41%
2,300
36 Ya
36%
100'/a
27»%
6%
63/B
*45
471/2
4%
36 '/a
4%
*45'/4
46
38
3%
334
3%
6%
61/4
*45
36%
Sheraton
36%
4
21
97
57 V2
4 Ya
Shell
1,500
Pen Co
A)
Oil
Union
6,200
.
America
Silver Kins Coalition Mines
7%
55
381/4
98%
381/4
7%
16
56'%
38%
*97
571/2
7%
7%
98
213/t
*21%
21%
14
30%
7%
36%
46
*21 «/2
14
30%
*45%
16
*451/2
13%
30%
41%
4 %
371/8
13%
30!%
(W
Sheaffer
500
13%
31%
7%
7%
4V2
S per share
t per share
13%
31%
*41/4
share
per
Par
Shares
30%
13%
31%
S
.
Lowest
$ per share
EXQHANGE
the Week
Nov. 7
Nov. 6
Nov. 5
Range Since January I
YORK STOCK
NEW
Sales for
Friday
Thursday
A
olume
THE
Number 4645
16@
COMMERCIAL
NEW
YORK
&
FINANCIAL
STOCK
CHRONICLE
(1907)
RECORD
STOCKS
Monday
Tuesday
Nov. 3
Saturday
Nov. 4
Nov. 1
$
per
22
$ per share
share
22 '/a
*107%
21%
109
$
Wednesday
$
share
per
22%
21%
108
108
21%
20'/a
20
*1051/4
19%
%
19%
106%
1051/2
105%
*105V4
107'/4
*1041/4
23%
'
19%
19
23
23%
2.31/2
23%
23%
24'%
32%
32%
33
33%
33
31%
31'A
4%
611/8
*30 V2
5
4%
62 »/2
2%
2%
2%
*46'/a
46%
45%
*
7
%
*85
8
86
17%
56%
56%
23%
23%
16%
16%
16%
16%
IO71/2
*1071/4
107'%
15%
15%
15%
21%
*103'/2
*18%
21
21%
105
*176
18 %
105
180
17
*80
42'/4
70
46
45'/4
45%
45'/4
45V4
8
7%
7%
*7%
8
300
United
$3
56%
55%
6.200
United Fruit Co
23%
23%
23%
23%
237/s
3,000
16%
4,500
United Gas Improvement Co___13%
United Merch & Mfrs Inc com
1
16%
1071/4
16
21%
102
171%
17%
lG'/a
*107
16%
20 Va
17'/4
105'%
178
179
16
16'%
13 Va
5%
40
$4.50
S
S
Gypsum Co
470
1,400
80
1%
U
60
39%
U
8%
8%
8%
8%
8%
1,400
U
39%
38%
38%
3 8'A
38'A
22%
21'A
21%
21%
21%
1,300
11,200
U
*9%
9%
*9%
9%
9%
9%
100
42%
42%
42'/2
42%
42V4
42%
900
U
300
U
U
S
54
53
53
*52%
53%
52%
52%
30%
30%
30%
30%
30%
30%
30%
231/2
99%
*981%
99%
*98'%
99%
*93%
99%
*98%
46%
47'/4
*40
143
1
I9V2
401/2
7%
7 1/8
111/2
11%
6%
421/2
*19
407
19%
*6
*19
6 %
*95'/2
*175
s
46%
45 %
46
70%
70
70
74%
75%
74%
75%
35,000
152 '/a
141%
141%
140%
1,200
2,500
180
7%
19%
19%
19 %
19 %
41
41
42
42
7VB
11%
102
6%
6%
40%
40 Vi
6%
*7
7%
11
102
61/2
*40
19 %
*18%
6%
43
6
96
96
*173
177
*172
177
*18%
96
5%
5%
S
19'/4
10
100
common
lo
1st preferred
100
Steel
5%
500
95%
30
178
17%
17
17%
17
17%
68%
67
67 %
67%
68
17
17
17
17
67%
*66
67%
67%
210
5,100
Jan
Nov
17
12%
Oct
22
12
104%
Oct
21
9%
Sep
23% Oct 20
7
12% May 19
106
15%
May 19
107% Feb
6
196% Mar 29
11
33% Jan
Aug 26
94
Feb
U S Tobacco Co
Sep
132
Deo
Feb
*205
26
15
90
Sep
37% Nov
Stockyards
Corp
l
2d pfd__5
non-c
No par
United Wall Paper Inc common
4% cum conv preferred
46% Oct 20
35
Nov
73
Feb
19
59
Sep
Jan
2
36%
Deo
5
Oct
28
103 % July 24
60% Feb
165
Inc
3
Feb
11
11
28
8
150
23
Feb
Oct
80
Apr
187
Feb
40 %
Oct
19
48% Feb 21
Feb
89
Feb
Oct
142
84%
Sep
x72
65%
Mar 27
Dec
Nov
97%
Feb
Deo
29% Jan
Nov
47
Jan
13
Jan
13
12% Feb
21
7%
109% Jun
18
100%
Nov
10% Jan
30
7
17
41
55 Va
9%
Sep
Sep
5
16
May 17
4% May 20
79% May 17
165
May 20
8 % Oct
52
Feb
22
10
4%
Sep
Jan
Apr
Jan
128
11% July
54
July
Feb
7
11% Feb
10
8
Dec
102 % Sep
8
91
Nov
110%
Jan
7
187
May
200%
Apr
49%
Jan
192
Mar
18%
Deo
15% Sep
9
29% Feb
3
25
3
91% Feb
13
77%
Deo
27%
Feb
22
Nov
Nov
67
Jun
20%
Oct
Jan 27
Feb
166
20% Nov
8
40'A Nov
100
Feb
Apr
39%
48'A Nov
Sep
144
79% Feb
84
106
100
5
102
_50
1
com
40% Nov
6
1
preferred
May 19
61% May 19
140
May 19
19 V8 Oct 24
6% Nov
Laboratories Inc
1
Universal Leaf Tobacco com—No
par
87c
preferred
100
Pictures Co
11% July
60 % May
39
2
Universal
4 'A 7o
Jan
A"g
May 19
49% May 24
40% Jun
Jan
25%
35
139
May
13%
Jan
Dec
28
62
44
9
99% Oct
Apr
Aug
Sep
Sep
10
Apr
Sep
98%
13%
51% July 28
25
preferred
Universal
6%
May
47%
25
81
No par
preferred
United Stores $4.20
109% Juiy
29% Feb
187%
68
100
non-cum
32% May
Nov
6
38 % May 17
No par
Preferred
conv
10
Oct
Nov
93
11
Nov
Jan
13
18
14% Sep
Aug
•
15% July
101
Jan. 28
20% Oct
77
Aug
110
19% Feb
16
15% May 19
100
Oct
19% Feb
50
com
common
.
16%
*67
12
18%
105%
110% Apr
50
Corp
Universal-Cvclops Steel Corp
*51/2
*170
20
series A
Smelting Ref & Min
S
$6
*95»/2
53% Aug
30% Apr
23 % May 19
Pipe & Foundry
Playing Card Co
Plywood Corp common
United
300
Oct
7
500
41
41%
14
20% Sep 23
12 % May 17
104% Jun 17
9% Jan
5,300
4,000
Jan
59% July 25
24% Jan
6
447/0 Jan
10
7%
6%
41
19%
6
96
95'%
180
6%
66
24
390
102
Feb
Deo
24% Oct
7'%
11%
*101
21%
34%
22
Preferred
U
Deo
2
16'A Jan
non-cum
8%
Sep
Jan
56% July
16% Aug
43% Jan
May 17
l
Co
Oct
Apr
7%
Nov
5
Rubber
44
May
12%
13
S
Oct
71% Mar
22
pfd
89
2
9% Oct
cum
17%
14
39% Nov
11%
*7
11%
*101
40'A
*18'/a
6
*175
19%
11%
U
900
41V2
*101
19%
95 %
140
1,500
10
40
Jan
53% Feb
preferred
Oct
Oct
Deo
6%
78
19% Oct
7
common
231/4
Jan
95
39% Nov
Co
Jan
54%
33
5% May 19
25% Jan
3
A
Jan
119
78% May 22
11% May 20
No par
Co
conv
Deo
37%
19% Nov
3%
53% Mar 27
No par
8%
70
19 %
U
137
46
7'/2
6
9 61/2
*133
70%
IIV2
6%
137
76%
*41
102
*101
*134
4,000
10'A Feb
common
&
3 % c/«
46%
45%
45'A Sep 15
6% May 28
class
4%%
99
46
141'%
41
103
46
30%
70
19%
41
46
53
X75
143
19'%
6%
*40
138
46
78%
*7%
11%
*100%
*134
71
142%
19%
139
46%
142%
46%
46
*52
31
Leather
S
2,700
54
4% Jan
86
100
8
8
2Va May 19
178
5
83
10
20
Corp
10
Nov
20
Jan
100
Machine
preferred
Lines
S
98 %
55'/a Jun
8% Feb
No par
S
S
DAY
common
4% May 16
16%
101
1
Industrial Chemicals
Partic
ELECTION
30
77%
Hoffman
S
No par
preferred
S
4%%
2,000
38
43
No par
Freight Co
U
16
39%
No par
preferred
U
183
*78
10
Foreign Securities
400
21%
8%
&
S
100
Paperboard
3,900
37 Va
8%
preferred—
United
U
5
No par
18'%
15%
40
4,800
lr_100
Coal Cos
Engineering & Foundry—5
105%
*173
80
40
100
105
16%
*73
20%
100
105
600
*17'/4
17%
105
110
13
20Va
20%
102
*100
107
107
*15%
15%
180
*177
18%
108%
15%
22'%
71
1
55 %
8%
46 %
Corp
Preferred
United
22%
78%
5
Dyewood
United Electric
3 7 Vs
71
1
55 Vs
78
451/2
common
55 Vs
41%
77%
Oct
Feb
20
700
8%
45'/2
34
32
1,200
22VZ
*70
10
26% Jan 15
17%
78
*135
28% Jun
Highest
$ per share
5
38
41
140
24% Nov
861/2
*88
861/2
37%
*135
9
173/4
80
46%
18'/a Sep
38
*86
8%
46%
2
No par
No par
_
preference
United
22%
*
preferred—_100
Co
17%
42%
9%
2
38
104 V2
17%
*9'%
5
28% Apr
1207/a Apr
17%
79
*421%
Sep
4
10
common
38
41%
9%
110
18% Sep
101% Sep
Inc
17'%
86%
42%
43
14
United-Carr Fastener Corp
No par
United Cig-Whelan Stores com—30c
$3.50 convertible preferred-.:—100
Corp
J per share
Oct
Biscuit Co__;
United
Year 1946
$ per share
25
preferred_____10G
Lines
cumulative
United Carbon
$ per share
Lowest
167/a May 19
103 % Jan 15
5
common
38%
84
*9'/2
Air
iVzVo
37%
*42'A
Corp
convertible
United
1,500
102
180
16%
5,600
11,600
20%
•13 '/4
180
62%
400
4%
2%
16V4
105
*
17%
62%
30%
62'A
4%
62
2%
16
103 %
104
30%
2%
107
16
21%
103'%
18%
105
32
2%
17%
23%
*107%
23 V2
33
3
X38
56%
23%
23%
33
4 %
5%
23%
39
56 '/a
2,200
1,500
23%
4%
United Aircraft
Range for Previous
Range Since January 1
Highest
Lowest
55%
177/8
39
*30%
4%
62%
*86
86
17
40
31'/4
61 %
STOCK
Par
700
*7'%
8
17
11,800
45%
46%
*39
19%
2%
3
*71%
86%
*
9,300
104%
19
YORK
EXCHANGE
500
33
4%
311/4
4%
*61'/8
61%
103
104%
1041/2
NEW
Shares
22%
*106%
19%
19
33%
*301/4
22
22'/a
107%
the Week
$ per share
$ per share
107
Sales for
Nov. 7
Nov. a
share
21%
109
*107
per
Friday
Thursday
Nov. 5
Apr
101
Apr
V
*
16%
17
16%
*15%
16
*15'/2
35'/2
35%
16%
16%
13%
15%
16
400
Vanadium
15%
15%
15%
15%
*15'/2
16
200
Van
Norman Co
36%
36
16%
16
36%
36V2
36'%
36%
36 Va
37
1,200
Van
Raalte Co
15 Va
3,700
31 Va
GOO
*16
15%
15%
15%
15%
14%
15'/2
*15
151/a
30
30
30%
301/4
30%
31
*30
31'/a
15Va
*30
»
*84
C7
*84
87
*84
17
*84
87
*80
92
*87
92
*87
92
*87
92 '
*87
92
*47V2
49
48
48
48
48
*98
99
*98
99
*65
96%
8%
*95
96%
"8%
*102
8%
105
16%
*102
16 %
*1181/2
*110
118
8%
99
97
8%
-
104
15%
119%
99
*95'%
104
16
9
104 %
15 %
15%
47%
8
47%
48
500
*98
93
400
97
*951/8
97
%
*102
8%
15%
102
15%
118%
119
*116%
115
115
8%
102
15%
118%
118
*112
8%
103%
119
119
43
117
*115
2,000
300
15%
117
121
9,500
50
32%
34 "2
*30
*114
120
37 5 8
*37
*371
a
37%
36%
3 71/8
37
37
36%
3612
400
32 Va
32 3
4
32%
32%
32%
32
32%
32
321/2
2,700
35 %
2,300
34 V2
34%
*33
34
34 %
32
.
32
32
34%
33
33
LOW
$ per
$ per share
share
AND
HIGH
Tuesday
Nov. 3
Nov. 1
33
*31%
Monday
Saturday
35 %
*31%
Nov.
$
per
SALE
40
35
35%
*31%
33
*31 %
33
90
*31%
33
*31%
33
50
Not
39
Feb
15 Va
Oct
25%
Apr
41
Feb
13
35
Nov
58 Va
Apr
Sugar Co__6%
12% May 19
20% Jan
2
15%
Sep
26 %
2.50
28
Sep
15
39
Feb
6
30
Oct
51%
85
Oct
8
94 % Feb
20
83%
Oct
113
13
91%
Nov
115
Feb
53
May
Vertientes-Camaguey
Vick
Chemical Co
Victor Chemical
3%%
per
share
Works
cumulative
common
preferred
5
100
3%% preferred 2nd series
100
Va-Carolina Chemical com
No par
6%
div
partic
preferred
Va
Coal
Co
Coke
&
Virginian Ry Co
6%
95% Oct
31
5% May 19
May 19
No par
15
117
100
com
69
85
Sep 22
Sep 30
Aug 25
5%
pfd
25
common
preferred
35% Oct
25
cumulative
32
Oct
5
Visking Corp (The) class A
Vulcan Detinning Co common
7%
17
100
preferred
Iron
Oct
97
100
Virginia Elec & Pwr
$5
86
Oct
2
35% May 19
31
94
Jan
49 % Aug 18
104% May 14
97% Oct
Sales for
Nov. ;
the Week
$ per share
$ per share
Thursday
NEW
YORK
36%
100
Sep
Dec
Jun
Apr
May
108% Aug
21
10% Oct
9
5%
Dec
12%
108 % Oct
9
63%
Sep
99% July
Jan
16% Oct 23
117%
Dec
123%
121
Oct
1
80
Jan
105
Apr
14
45
Feb
21
40
Dec
53
July
17
40
Jan
17
37
Sep
45%
Jan
Feb
17
32%
Nov
52
Apr
121
Oct
10
38
20
31% Oct
21
33
20
preferred
Feb
30
Aug 21
Feb
5
Apr
Aug 13
33% Oct
31
STOCKS
Friday
Nov. 6
Nov. 5
$
17%
15
30% May 17
PRICES
Wednesday
I
share
33
35
7
18% Feb
10
Inc
100
99
99
*95%
13% May 17
14% May 21
22
2.50
Vicks Shreve & Pacific
Ry com__100
5 c/o
non-cum
preferred
87
*87
Corp of America—No par
Range for Previous
STOCK
Range Since January 1
EXCHANGE
Year 1946
Lowest
Shares
Par
Highest
$ per share
$ per share
Lowest
$ per share
Highest
$ per share
W
*66
68
*65 "2
68
*65 "2
67
*64 %
66%
*151/2
15%
*15%
15%
*15%
15%
15%
15%
15 %
15'4
*32 %
32%
*32 3
32%
32%
32%
32%
32%
33
33
104%
104%
104%
*103'%
104%
21%
*103%
21%
10%
a
10%
104%
*65
103%
104%
104 Va
67
Wabash
500
1,600
140
RR
Waldorf
System
Walgreen
4 '/o
Co
*94
21 %
21%
21%
21%
21%
21%
21%
21%
2,700
Walker
10 %
10%
10%
10%
9%
10'/4
9 %
10 Vs
2,300
Walworth
12 1/4
12'/8
12%
11 Va
121/8
11%
11%
11%
11%
2,300
95
95
95
96
*94%
95%
*94 Va
95
Ward
120
5%%
14
13%
141.4
13 7
14%
13%
14%
14
141/B
15,600
Warner
32%
32
32
31%
32
31
31%
30
30%
1,100
46
46%
45%
46I/2
46%
46%
2,500
114%
46'%
45%
117
115
114%
47
115%
*22%
23%
22%
22%
*20
20'%
20%
20'%
*23%
25
*24'%
25
ELECTION
*33%
34
*33'%
34
DAY
*6%
*46'%
*6%
7
86%
27
27%
19%
8
25
*331/4
116
116%
116%
22%
*22
22%
22'/4
22%
1,400
19 %
19%
19%
1,200
20
25
241/2
24
"2
*24
25
400
33 '/4
33%
33
33
200
*85
27 Va
6%
*6%
6%
47%
47%
47 %
47%
50
49 %
50
86%
86%
*86 Vb
86%
86%
86%
27%
26 Va
27%
25%
26%
261/4
26%
'111%
109%
*108
109%
*7%
8%
7%
7%
*46%
47%
46'%
46%
6%
6 1/4
*6Va
6'%
19%
30
*75
77%
22%
23
37%
37%
28%
29
99
*98
101%
101
35
*33
*18'%
19'%
90
50
7
7
110 Va
7
100
Auto
400
Western
Maryland
19%
900
29%
100
*75
22%
77Va
100
21%
22%
37%
37 Vi
29V4
28%
99
99
99
21
21%
21%
22
37%
37
37%
37
37%
3,700
29%
x28
28'A
28
28%
14,200
98
98
991/4
99 %
101%
100
100%
34'%
100%
*33
34%
91
*70
31%
31%
89
SO
73%
99%
*70
100'%
*100
19 %
73%
101
*93
99
X99%
99%
*33
34%
x31
*33
7,100
140
1,400
34%
4%
Supply
32
32%
500
88%
89
480
*69
73%
Pacific
Preferred
3 % %
3.80%
*69
101
100
73%
~80
100
49'%
50%
48%
50%
97'%
97
97
*30%
30%
30
30
*28%
28%
*28%
29%
25'A
25%
25%
25%
25 %
25%
25%
12%
13
13
25%
25
12%
25%
13
13%
1,700
13%
13%
13%
White
92%
*91
3,800
92%
49
48%
92%
*91
92%
*91
*31%
32%
*32
32%
*32
32%
*32
8%
9
9%
9
9%
97
*28%
32%
8%
49
97
97%
*91
9
Sep
9
120
Oct
7
27
Jan
22
RR
series
cum
cum
Elec
Jan
Jan
39
Dec
25%
Dec
35% Mar
28
22% Nov
23% Aug
50
18%
Feb
4
20
Sep
47%
Jan
1
A__No par
21% May 19
110% Jan
3
117% Mar 11
113% May 14
121% Jan
14
105
6
112% Jan
14
100
111% Oct
9
116% Aug 19
May
32 % May 19
109% Aug
8
45
'Apr
108
119
Aug
115
Jan
122%
Feb
106
Sep
117%
Aug
113%
Oct
119% May
53 % Jun
29
47
Oct
14
32% Nov
113
Jan
27
111% Sep
pfd—
com
75% Jan
6
7% Feb
3
21% Oct
11
14
42 % Feb
18
27
Sep
Sep
Sep
Mar 29
71
Oct
^—100
No par
A
100
pfd series A
pfd series B
9% May 17
27% Sep
5
74
Jun
11
17
May 19
27% May 19
22% May 19
90
5%
18%
Jan
32%
Jan
50'/3
Jun
101
Anr
26% Sep
17
Oct
53%
Jan
38% Oct
22
26%
Oct
41%
Jun
30 % July 28
21%
Nov
39%
Jan
91
Dec
95
Dec
39
May
100
93
2
105
100
99% Nov
7
106% July 21
12.50
Instrument
57
Apr
90 Va May
13 V8 Jan
38% May 19
May 16
116%
Aug
Jan
4
4
89%
35
10% Jan
7V4
Apr
43 % Juiy
Deo
5% May 19
100
com
16%
Sep
Sep
Sep
Sep
Sep
10
Co
Feb
29 %
Sep
9%
2
34%
Oct
31
85%
34% Jan
Sep
20%
31%
34% Oct
30
No par
White
13
page 24.
99
Oct
Nov
6
Common
97
*8%
28
4
$3.75
preferred
No par
Wheeling & L Erie Ry com
100
5%%
conv
preferred
—100
Wheeling Steel Corp com
No par
50
see
48% Oct
13
7
Union Teleg class A_No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12%
97%
For footnotes
Jan
Feb
pfd
Sep
16%
22
31
Nov
Western
*971%
97%
100
18% July
107% Feb
Jan
55
Aug 20
Jan 24
63 % J uii
Westvaco Chlorine Prod—
31
88%
47%
33% Oct
1
Ry
2nd
non-cum
Western
Weston
83
*100
18% Feb
21
90
100
6%
*29
Jun
50
preferred
*5%
201/2
Oct
20%
100
Power 4%%
6 '/8
77
Mar
29%
Oct
100
class
6%
30
111
Nov
12% Jan
West Va Pulp & Paper com—No
par
4%%
Apr
23%
83% May 22
Sugar Corp
Electric
West Penn
Apr
6
May 17
37% Jan 16
Western Air Lines Inc
*18'A
*33
5
Western
*75
106 % Mar
9
Feb
Jun
54
No par
com
preferred
1,200
*29
28%
conv
2,000
75
37%
$4
44%
19 '/2
23
May 14
86
23%
No par
Wesson Oil & Snowdr
43 %
30
*98
Inc
44 %
75
22'%
Tobacco
43%
*29
32
73%
6%
110%
78
90
100 Va
19
6%
500
109%
29
32
100
6 '/a
7%
46
*43
*107%
29
33
*70
71/2
43
109%
60
44
*75
91
*32%
*108
Webster
preferred
20
112
94% Sep
13% Sep
Sep
Oct
Dec
xll% Mar
8
6 r,'o
110
112
19% Feb
18
1
preferred
*109
May 21
7
13% Feb
26 3A Feb
Indies
44
11
00
15%
33%
105
9%
July 17
24% Jan
41
Penn
109%
xl7% May 14
7% May 19
109
23% Feb
7%
112%
13
18
11
17% May 20
West
109%
Oct
36% Feb
20
Sep 30
30% May 23
West
112%
103
75% Feb
17% Jan 25
5
40
*43
16
5
50
44
Apr
13% Apr 21
29% Apr 30
Waukesha Motor Co_
3,500
113
57
Wayne Knitting Mills
Wayne Pump Co
116
:'112
*108
preferred
100
Washington Gas Light Co___No par
111%
II2V2
43 %
5
No par
com
5
conv
*114%
113'%
44
360
cum
*110V4
110
43'%
5,300
3%%
111%
:T09
112%
GOO
100
Pictures
115
110
44%
6%
preferred
Bros
115
111%
116%
*108'%
113%
*6%
1
common
Warren Foundry & Pipe
Warren Petroleum Corp
110%
111%
*115%
110
*44
6%
No par
112
111%
116%
108%
115
6%
No par
Co
115%
111%
*
*29
1,380
33%
*115%
*18
19%
118
87
47'/a
47%
86
22 3
116%
—100
Baking Co
13%
45%
100
No par
No par
(Hiram) G & W
32%
8
preferred
common
preferred
95
12%
4 %%
*91
*32
.
9%
;
29%4
4,300
150
300
92%
conv
Sewing
conv
Prior
3,500
prior pref
White Dental Mfg
Motor Co
$4
32%
9%
$5
Wilcox
(The S S)
Machine
preferred
preferred
Oil
Co
No par
20
1
com„
1
No par
a20
5
26
May 14
36
Aug
1
88
Nov
6
62% Mar 27
102% July 18
98
Nov
75
Oct
27
63
Aug
72
Jan
99
103
Feb
13
100
Oct
106
Jan
Nov
62% May
107% Juiy
May
2
May 19
53 Vb Oct 21
94
May 28
26% May 19
101% Mar 31
31
36%
90% Nov
107%
Feb
7
27%
Feb
44
19% May 19
9% May 19
29% Feb
8
21%
Nov
44
17% Feb
1
11% Nov
84
90
Feb
3
81%
Sep
105
34
Feb
13
30
Nov
36
Oct
12%
July 31
29% May 13
5% May 17
34
9% Oct 20
5%
Jan
May
Jan
23% JUi/
Juiy
May
Jan
tt
-24'.
-
S
THE
(i-908)
&"FINANCIAL
COMMERCIAL
CHRONICLE
Monday, November 10, 1947
~
i*
NEW YORK STOCK
I
I:V,
RECORD
■
I
LOW
Saturday
I
$
shore
nor
'
9^
$
per
Nov. <;
10 1/4
9%
9%
9%
8%
1.490
10V8
10%
62
61%
62
61%
62
60
61
61
16%
16%
16%
16 %
16%
15%
16%
15%
16%
*1.8%
144
*137
93
*18
18%
*137
144
*137
144
*137
*91%
18%
18%
18%
18 %
19%
93
*91%
93
*91%
*91%
93
19
144
*137
*62'%
65%
*62%
65 %
64%
64%
65
47%
47%
47%
47%
47%
x46%
47%
47%
57%
58 %
-58%
58
1,300
61
90%
*60
61
83
*82
83
82
82
*81%
82%
*81%
1.0%
61
*80%
*89
91
89
89
*88
90
*08
-90
*60%
65
65
67 %
69
70
69
69
67%
67%
66%
66%
66%
67
66y2
66%
10%
10%
10%
10%
10%
10%
'10%
500
*35%
36%
f.5
*6C%
67%
*10%
10%
''
election
37
*36
37
36%
'
800
*tl
■
12%
35%
35%
12%
:r%
i
4
■'21%
400
7o%
9,300
18%
18%
18
18 %
18%
900
20%
*20%
20%
20%
20%
20%
20%
1,000
Zenith
6%
6%
6%
6%
6%
6%
6%
1,508
l
21 %
20%
6%
1
50
Young Spring. & Wire—_ —No par
Youngstown Sheet & Tube. __No par
Youngsiown-Steel
30
9
100
Oct
29
60
63
Sep 10
70% Mar
8
May 17
18% Feb
Jun
52
May
47
33% Aug 28
.10% May 19
49
Jan
16% Feb
July
July
21% Feb
43% Sep
€2% May
74
100
Apr
87% Sep
75'/* pec
59% Oct
11
Sep
84% Sep
10
41
;
Oct
Jun
57
25
Mfg Co
Corp common
.___
cum
preferred
77%
300
Towne
&
% 'J
21%
*20%.
160
21
Feb
34
94% Apr
82
84
—
78 "2
CO
145% May 19
48% May 19
26% Jan
101
13
22
19
17
68% Feb
77 %
19
Oct
Co
Highest
$ per share
Nov
15% Oct
142.
Max
28
1
Irjn
*
12% Sep
95% Sep
15
*21
19%
pfd.—100
135
Jan
Oct
22
*18%
19% Mar 18
Feb
79 Vu
79%
27
68
77 %
22
79
99
Jun
53
22
22
79%
91% Oct 29
16
2
York
1,003
No par
40
Oct 23
Jan
Yale
400
.
17
May 1®
*43%
44
Co 6%
9
64% Oct 24
43
44
22
79%
36
1.2%
70
10
( per share
11
43
*43
44
22
3G
10
70
f
51% Sep
Feb
13%
10
44 %
*43%
43%
44%
13%
13
DAY
%
13
44"2
82%
*10
6% May 17
10% May 19
_______
Wisconsin El Pow
6,300
S per share
Woolvyorth iF W) Co—♦.
—-TO
Worthing ton P & M iDel)—Nopar
Prior pfd 4%
series
_100
Prior pfd 4%% cqnv series___10o
Wright Aeronautical
No par
W .rig ley <Wm) Jr <Del)^_____No par
Wyandotte Worsted Co;
5
Woodward
5QC
;C5
47%
$ per share
Lowest
No par
preferred
Wilson-Jones Co
144
65%
47%
60
$4.25
900
19
*63%
59 V8
Wilson <fc Co Inc com
■
Highest
.
Willys-Overland Motors; com——1
$4 50 conv pfd series A
No par
6,800
61
16%
93
Par
Year 1946
Lowest
.
O.'iOO
9%
62
*91%
EXCHANGE
Shares
$ per share
9%
Range far Previous
Range Since January 1
STOCK
YORK
NEW
the Week
Nov. 7
$ per share
$ per share.
share
-STOCKS
i
Sales for
Thursday
Nov. 5
Nov. 4
No*. 3
$ per share
;
Tuesday
Monday
- •
Nov. 1
SALE PRICES
Wednesday
HIGH
AND
103
May
1
106
Feb
:
AUf
50% Mar 31
May 19'
14% MayJ9
3
Feb 20
Feb
8
8
Apr
13%
Dm
25% Jun
33
3
23% Oct 23
82%
Oct
«l% July
97% Jan
13% Nov
-mmmmm
15% Oct.
57% Sep
35 %
—No par
15
May 17
21% Feb 21
If
Nov
21
—No par
Door;
83
14% May 19
5% Jun
5
25
19%
Dto
43% Jan
10% Jan 31
Sep
14%
20
Jan
z
6%,
F%
no
unces
Mies
on
tin
'
lb!* cay
receivership
Oe
«
'isr
.i«
. rre«
Transactions at the New York Stock
„
Radio
..,0
Corp
U'duets
.
Corp
Monday
Tuesday
Total
Bond1
Sal"
Bank
Government
Bond
Friday
—-
$10'G"09
278.000
14.000
2 383 003
Saturday
Monday:
206,C95
189,000
Tuesday
Wednesday-
252,380
Thursday
Friday
215,960
Holiday
3.792.000
446.000
44,000
4 282 3C0
196,000
30.000
3.633 0"9
3,974,000
391,000
217,000
$307,000
$1,349,000
S14.280.0C0
4 592 OCO
$10,000
$10,000
Week Ended Nov. 7
—
Inn. 1
1946
1947
to No \
O
8 Govcrnm-nt
$3,082 COO
1 272,000
65 680 5 20
Bond Record
are
"and
Foreien
1,( 82 9-.7.K. 0
123.446,943
$1,073,000
$1,041,000
$70,820,000
$59,749,000
740,000
159,000
6,531,000
10,400.000
5,000
473,000
458,000
$1,205,000
$77,824,000
$70,607,000
government
Foreign corporate
To».al
$1,813,000
WEEKLY
-
Nov
High
Low
104 13
*104.10
HIGH
AND
SALE
YEARLY
-
Lcrv
High
Low
High
point
Fridav
Thursday
Nov. ^
Nov. 5
Nov. 4
decimal
aud
repr«*«nt
«ue
«r
32d of
more
Lew
High
point.
a
*
•104.9
104.11
'104.9
106.28
'IC'6.26
105.23
'110.9
104.11
*104 9
*
NEW
YORK
110.11
*110.7
110.9
Treasury
2%s
1955-1960
111.23 Sep
100.24
IOC.22
100.24
'
100.22
100._'4
Treasury
2%S
1948-1951
101.8
105.19
'105.18
105.20
*105.18
1951-1954
i.06.13 July
111.2
'111.1
111.3
105.23
*105.17
*111.14
111.16
*111.10
*112.14
112.16
*112.10
112.12
*113 25
113.27
*113.20
113.27
*
101.15
*101.12
111
101.14
105.20
Treasury
2%s
IIO.JO
111
Treasurv
2%s
111.30
:
112
Treasury
,__
'112.1
112.3
-112.1
112.3
2%s
113.11
*113.10
113.12
113 11
Treasury
2%s
1960-1965
101.11
101.13
*101.11
101.14
*101.11
101.13
Treasurv
2%s
24
103.1
"1C2.31
103.1
*102.31
10.3.1
*103.29
*102.31
103.2
*102.31
103.1
1C3.31
104.1
*163.30
104
102.30
104
*103.29
105.4
*104
104.2
103.29
103.31
*103.31
Dec
109.22
Feb
113.12 Aug
113.3
105.28
105.27
102.6
Nor
106.4
*1C3.9
103.21
*103.15
103.17
*103
103 2
*102.23
*102.20
102.22
*102.17
*102.18
102.20
*102.16
102.18
It 2.16
102.18
*102.13
102.15
*102.15
102 17
*102.12
102.14
102.5
101.7
103.11
102.30
*102.21
102.23
102.19
*102.9
102.11
ELECTION
•102.8
102.10
LAY
*102.7
102.19
1950-1052
106.16 May
105.23
Treasury
2%s
1952-1954
1956-1958
108.4
1C3.7
Treasury
2%s
Treasury
2%s
102.21
Treasury
2%s
June 1964-1969
1C2.7
1C2.9
"102.7
102.9
Treasury
2%s
Dec. 1964-1969
102.9
102.5
102.7
*102.5
102 7
102.7
*102.4
102 6
*101.4
102.6
101.9
101.8
101.10
"
101.10
105.4
"105.2
105.4
101.10
*101.8
101.10
104.12
«in/i
104.12
Treasury
2%S
101.20
*101.14
*105.5
105.7
*104.30
101.20
*101.14
101.16
•101.7
101.9
•104.10
104.12
105
*105.2
101.8
'104 10
Apr
1949-1953
102.13
105.10
106~
Apr
2V2s
*102.19
*101.18
106
? 'A s
*.02.8
*105.8
Feb~21
2%s
_
_
101 8
10
107.15 Jan
105.29 Aug
104 24 Julv 14
107.5
Jan
Jun
108.4
Jun
104.24 July 14
105.22 May
107.27 Apr
104.14 Sep
2
104.23 Feb
14
104.7
Nov
107.4
Apr
104.4
Jan
2
104.18 Apr
30
103
Jan
107.9
Apr
103.29 Jan
e
104.4
Jan
13
102.22
Jan
107.19 Apr
Jan
'
*
Feb
104.12
7Veasnrv
102.21
101.16
118.23
Treasury
1962-1967
1963-1968
Nov
118.15 Mar
Treasury
102.10
*102.8
"21
113.3
May 14
103.31
•101.31
:
*103.9
104.12 Feb
115.23 Apr
114.8
"1C3.5
103.8
*106.2
May 14
"105.26
105.29
105.26
106.6
114.8
104 1
104.1
*
'11''. 9
103.31
105.2
161.18
Dec
107.5
106.13 July 24
1948
*
*
102.12
1958-1963
113.9
*1C3
*
Jan
Dec
1956-1959
•
*106.4
115.26
102.11
102.6
110.12
111.12
112.21 Aug
4
112.6
•110.10
100.24
3
Feb
22
July 24
106.23
110.22
*105.21
Feb
Feb
3
106.30
*100.22
111.18
30
107.20 Oct
*110 20
105.23
Jun
104.25 Sep
1951-1955
*106.23
100.29
110.3
1949-1952
3s
110.25
4105.21
4
31;8S
106.30
106.2 6
2l
T-easury
*110.23
Highest
Feb
108.21 Feb
106.6
104.11
*106.28
Lowest
Highest
Lowest
Treasurv
•100.22
Year 1946
Range Since January 1
STOCB
EXCHANGE
Bonds IS).
High
Range for Previous
GOVERNMENT BONDS
i»te« r»>
Nov. 7
Low
High
104.12
*100.27
of
PRICES
Wednesday
Tuesday
x
after
Cash
•106.26
*
1946
6f.981,699
New York Stock Exchange
interest"—except for income and defaulted bonds.
LOW
Monday
Nov. 1
101.13
to Nov. 7
1,882,318
<i».t*rrfd delivery sales are disregarded in the week's range, unless they are the only transactions
weea, and when outside of the regular weekly range are shown in
a footnote in the week in which they occur.
No accoum is taken of such sales in computing the range for the year.
The italic letters in the eoiumn headed "Interest Period" indicate in each'case tne month when the Lends mature.
Saturday
*104.11
Jan. 1
1947
1946
1,041,255
shares
Domestic
«»
Figures
Low
$1,813,000
Bonds
68.656.2i0
FRIDAY
NOTICE—Prices
the
$740,000
1947
$867,791,820 $1,173,211 0. 0
$24,336,100
$15,946,000
Total
$1,073,000
Week Ended Nov. 7
of
$28 6:7,0:0
779.245.300
23.048,600
14.280.000
Railroad A Industrial
687.000
332,000
7
19 704 000
307,000
431,000
82,000
328 383.545
$15,500
1.340.000
Foreign
256,000
250,000
1,041,255
Stocks—No.
International Bank
459 000
219,645
1*46
1947
Bonds
$10,000
302,000
$15 946 000
223.414,431
6,660,504
3.766,731
Total
$81,000
254,000
$5,000
65,000
Holiday
157,000
$76,000
146,545
Total
Stocks—No. ol share#
Domestic
Shares)
$2,003
3.407.000
3 766,731
Total
Exchange
Bonds (Par Value)
Foreign
Foreign
Government
Corporate
of
Week Ended Nov. 7,1947
$38,000
—
1,047,281
,"47 490
758,290
Wednesday
Thursday
Apr
Stocks
(Number
$1,016,000
2,091,000
356 340
757,330
Saturday
United States
Bonds
Foreign
Bonds
Shares
9
Daily, Weekly and Yearly
Int'l
Number of and Miscel.
1947
Week Ended Nov. 7,
7
Transactions at the New York Curb
Exchange
Bonds
Railroad
July
x-Bx-divldenda.
^ributed.
,*
Daily, Weekly and Yearly
Stocks,
1
—
2%s
1965-1970
103.24 Oct
9
103.17 Oct
11
104.15 Apr
102.11
Jan
107.10 Apr
2V2S
1966-1971
June 1967-1972
9
12
102.11
2%s
Treasury
102.12 Oct
14
103.20 Apr
9
101.16
Jan
106.15
T'osuifv
2U'S
pent,
17 Jun
2
105.17 Jun
2
106.28
Apr
109.15
Feb
101.24 Oct
28
103.19 Apr
10
101.15
Jan
106.16
Apr
Treasury
T-°a-ui y
.
Treasury
1967-1972
Dec. 1967-1972
2%s
ins
104.10 May
106.15 Aug
1951-1953
104.15
*104.12
104.14
*103.3
103.5
*103.1
103.3
103
*102.31
103.1
*102 31
10'
T-easurv
2%S
*1C4 14
104.36
*106.19
106.21
*106.11
106.13
*106.9
106.11
*106.8
106.10
Treasury
2%s
1954-1956
*104.14
104.16
*104.11
104.13
*104.2
104.4
*104.5
104.7
*104.5
104.7
Treasury
2V4S
1956-1959
*101.5
101.7
*101.1
101.3
*100.26
100.28
*100.27
100.29
*100.25
1C0.27
Treasury
2V4S
June 1959-1962
102.6
Sep
30
*101 5
101.7
*101.1
101.3
*100.26
100.28
*100.27
100.29
*1"0.25
100.27
Treasury
2V4S
Dec. 1959-1962
102.5
Jan
6
100.4
Treasury
2s
1947
Treasury
2s
2s
Treasury
Apr
Apr
106.15 Aug
March 1948-1950
Treasury
107.9
*104.13
102.30
*100.6
100.7
*100.3
100.4
'100.3
100.4
*100.3
100.4
*
100.13
*100.11
100.13
*100.11
100.13
*100 11
100 13
101.8
*101.6
.
ICO. 11
*100.3
100.13
1
100.13
$10 000
101.3
*101.7
101.9
*101.6
101.8
*101.6
101.8
*101.6
*101.7
ri 9
*101.6
101.8
*101.6
101.8
*101.7
101.9
*101.7
101.9
101.11
*101.10
101.12
*101.10
101.12
*101.10
101.12
*101.9
*101.14
101.16
*101.14
101.16
*101.12
101.14
*101.13
101.15
*101.12
101.14
*101.15
101.17
*101.15
101.17
*101.14
101.16
*101.15
101.17
*101.15
101.17
*101.20
101.22
*101.20
.
*101.11
101.13
___
Apr
102.8
Dec
2s
June 1949-1951
103.9
Jan
103.9
Jan
Treasury 2s
Sept. 1949-1951
Dec. 1949-1951
March 1950-1952
103.7
Jan
103.22 Feb
2s
Treasury
2s
102.23 Apr
9
102.16 Oct
104.3
102.23 Apr
24
102.25 Apr
12
102.20 Oct
104.14
Jan
102.30 Avr
24
103.1
Apr 26
103.13 May
103.13
May
2s
Junp 1952-1954
102.28 Jun
13
103.2
Jan
24
102.14 Nov
104.26 Feb
Dec. 1952-1954
1953-1955
102.28 July 21
103.4
July 21
102.22 Nov
104.29 Feb
1oT.31
102.4
102
*102.1
102.3
*102.1
102.3
Treasury
___
*102 2
102 4
*102
102.2
*101.30
*102.7
102 9
*102.5
102.7
*102.4
102.6
*102.6
102.8
*102.5
102.7
Treasury
Sept. 1950-1952
2s
*164.22
104.24
*104.19
104.21
*104.11
104.13
*104.8
104.10
*104 8
104.10
Treasury
2s
*100.14
100.16
*100.14
100.16
*100.14
100.16
*100.14
100.16
*100 14
10C 13
Treasury
*100.16
100.18
*100.15
100.17
*100.14
100.16
*100.17
100.19
'1C0.17
100.19
Treasury
1948
Bark
lied
price.
No
sales
transacted this day.
Odd lot
9
101.2
Jan
29
100.26 Oct
20
101.8
Apr
26
101.3
July 15
July 15
fur
& Development
99
99
a
100.30 Apr
101.14 May
1950
l%s
l%s
International
Reconstruction
a
July 22
1951-1953
101.99
*102 2
amd
102.4
98^24
98 16
98.15
c cm
10-year
2%s
1957
98.16 Nov
7
102 00
98.25
98.20
98.23
2'4 0C3
25-year
3s___
1972
98.20 Nov
7
103.4
transaction,
r
9
May 27
1951-1955
*101 27
102.3
,»Bid
102.6
2s
101.22
101.30
*102.1
99.2
102.12 Apr
July
2s
*101.20
*101.28
102.2
98.28
102.12 Apr
102
8
Treasury
101.22
101.27
*102
*
102.24 May
Treasury
Treasury 2s
*101.20
*101.25
99.5
104.10 Apr
Dec
101.29
99
100.29 Jan
102.8
102.5
99.5
107.14 Apr
Dec.1948-1950
101.22
99
Sep
Apr
*101.27
93
102.24 May 14
108*. 17 Aug
104.22
102
*102.3
69.5
8
104.7
102
90
105.18 Sep
Apr
102.7
*68.30
7
Jan
*101.30
301.23
108.17 Aug
105.17 Feb
101.4
*302.5
*101.21
1952-1955
102
Treasury
...
—
Registered bond transaction.
Sep
'
Jan
83% May
53% May 17
Oct
;
Mar
Mar
102.17 Mar
!|
I
Number 4645
Volume 166
the
commercial &
financial
chronicle
(1909) ■' 25 ''
,.\,S f
NEW
YORK,;?pN0. RECORD
RANGE
.
Exchange
Stock
Friday
Last
Period
'
WEEK
ENDING
Sale Price
Bonds
January 1
No.
Low.
High
BONDS
New
106
J-D
ft
37
105% IO63J
105%
Stock
Interest
Week's
Last
Period
Sale Price
Exchange
or
Copenhagen (City) 5s
25-year gold 4%s__
1141/2
A
Costa
1952
External
loan
J-D
1953
Rica
(Rep of) 7s
.Republic of) 5s of
Cubt.
1951
4%s
M-N
1949
1914
to
6%)
J»D
• ^Denmark
to
Foreign Securities
Ci
Salvador
Broadway,
New
extl
4s
Teletype
NY
York
3f
f
s
f
f
s
iEstonia
1-1603
French
Foreign Govt. & Municipal
SAGtd
AGtd
sink
iund
sink
Akershus
6s
113
fund
*64
1948
A-O
*64
1968
6s
(King of Norway)
4s
Af-S
*91
lAAntioquia (Dcpt) ;coll 7s A
1945
J-J
lAExternal
s
f
7s
series
B
lAExternal
s
f 7s
series
C
lAExternal
s
f 7s series
D
1945
1957
A-0
f
s
7s
AExternal
sec
AExternal
sec
f
s
2d
7s
1945
series
J-J
43. Va
*42
A-O
2oV2
43 %
25
85
Jan 1,
extl
95%
45
45
19%
45
§ A Assenting
45
Ass'td
42
43%
10
42
43 %
2
AAntwerp (City) external 5s
1958
Australia (Commonw'lth) 5s of '25-1955
10-year 3%s
___1956
J-D
100 7
J-J
102%
100 7
a
F-A
94 Va
13
92%
1
93%
94 Va
25
91%
91%
72
87 %
91
91%
4
90%
91%
92
1949
M-S
j.j
7s
external
102
106 3 4
106% 107
18
lu-
toy
119%
115 VA
115%
2
107%
67%
2
56
%
54%
7
44
to
pursuant
60
5
55
(Int reduced
to
J-D
54%
54
A-O
67
6667
1979
A-O
1957
A-O
(Int
a
a54
a54
66
54%
Va
14
43%
63
66'a
1
55
73'/a
A-O
53%
53%
8
44
63
J-D
67%
67 %
2
56
70
1978
J-D
54 Va
55
44
54
54
43
61
54
6
60 7 b
60%
1
61 Vb
61 VB
61 '/B
55%
2
55%
62 '/4
8
61%
61 %
2
*61 Vs
—
3%s Series No. 8
___.
3%s Series No. 9
67
67
61 %
3%s Series No. 12
61
3%» Series No. 13
%
*60
.
3%s Series No. 15
»-_.&&
.(W-
..
.
62
'•
61
5
61
61 %
6
61 Va
16
61%
3%s Series No. 27
__
F-A
1950
J-D
60 3
2
4
55
A6s
AExtl
s
54 Va
57%
A6s
s
J-J
55%
62
98
97 %
98
9
4
*100% 102
—
96
96
100
104
100
a100
alOO
4
A 6s
AChlle
,,v
fund
110%
J-J
M-N
*65 Ve
__
*21
__
72
__
1
19
27%
23
23
1
20%
27%
A-O
21%
22%
8
19 %
27%
21%
22 %
5
21 %
21%
1
20%
21 Vb
22 3a
22
18'/a
1962
22%
*21
__
Af-N
1957
J-D
1961
*21
__
J-D
__
.-1961
6s
A-O
A-O
1962
M-N
1962
Af-N
mA7s assented
Colombia
A6B of
i960
(Republic
Ry)
j-d
Oct 1961
Jan 1961
external s f $ bonds
JAColombia Mtge Bank 6%s
§ A Sinking fund 7s of 1926
§ A Sinking fund 7s of
1970
1947
0
——
2
21
see
page
29.
'
35
35%
35 %
6
9%
__
14
«...
11 Vb
1958
Af-S
35%
2008
1959
*26
12%
33
M-S
28
40 Va
35%
26%
35%
33. Va
35 Vb
40 Va
27
1
33
Plan A
2008
3%s
*27
-
1957
1956
Af-S
1965
A-O
1963
4%s
Af-N
29
--
94%
94 %
93
93
94%
12
93
106
91
91
93%
23
91
105 3
F-A
93%
93%
3
93%
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94
94
5
94
99%
99 %
1
2
94%
1957
i 5s
s
1970
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1955
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»
97 Va
4
98'/a
99
105
96
104
99
96
1963
to Plan
Af-S
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102 Va
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7
19%
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1
22%
37
32%
40
*23%
31
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36
A
M-J
2008
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1S59
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ser
1960
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ser
1961
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16 '/.i
16%
29
16 %
16%
43
15
21%
16%
16%
6
15
21%
16
1940
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fund
gold 8s
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1947
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1968
f
s
assented
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1958
loan
21%
23
19
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1950
1963
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of)
reduced
to
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sec
—1961
8s
2006
1946
16 3
J-J
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12
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36
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36
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23
33
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5
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-
2
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__
19 "4
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1
19
19%
9
19
19%
__
19%
19 %
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19 %
19
--
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10 %
17%
26%
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31
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33
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a
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26
F-A
34 %
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2
31
39 Va
2012
extl
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41
25 V4
35
1946
of)
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Int reduced to 2.57c)
s
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fund
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36
36
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29
1999
23
29
5
27
35
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33
2
30
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26
26
1968
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2012
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26
1966
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reduced
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27c)
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reduced
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2.25 7c)
—
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reduced to 2.257c)
ASan
Paulo
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2004
78
--
2
23
31
31
39
24 VB
—
1967
2004
1952
8s
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—
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34%
*26%
29 Vb
34 %
—
37
37
30 Va
1
32
35%
1
39
25
—
33
31 Va
to Plan A
reduced to 2.3757c)
—
35
42
27 y8
37
iian.frteu puiouant
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extl secured
s
*
2001
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f
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--
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40
28
28
—
31'/4
42
24 Va
41
Plan A
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2012
For
—
5
17%
19%
25%
17%
25%
7%
16%
.-ml marks 4 r.o- inc.
FOREIGN SECURITIES SPECIALISTS
49%
47
47
54
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90
72
48
47
SECURITIES
FIRM TRADING MARKETS
27
1
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48
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Financial Institutions
FOREIGN
27
72
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28
1
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2001
26
19
*75
41
1953
27
32
1
1
33
34
__
27
21
--
19%
21
29
27%
19 %
19%
24%
38
32%/;"
23%
__
29 %
21 Va
10%
8%
36
21
8
7%
8 '/a
J-D
21
8
—
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2.375 7c)
to
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22
19
__
...
26%
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—
101
105%
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1st
f 6s
s
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J-D
Af-S
1947
7s
2.125%)_
f 6s
s
Af-N
1994
1967
25%
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22%
--
23
21 %
1947
:
10
*9%
27%
23
22%
18%
1946
1927
*
15 Va
11%
6'A
11%
2.1257c )
of)—
1928-—
footnotes
M-S
1951
5s
A6s of 1927—
For
M-S
i960
.....
(Hukuang
28%
6
__
AChilean Cons Munic 7s
27%
22%
__
1961
28
18%
21%
__
j-d
1961
18%
J-D
1957
6%s
22%
Af-N
1963
__
A-O
A-O
1963
assented
J-J
7%
28%
M-S
6%s
17%
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27%
19%
F-A
M-S
1961
assented—
AChlnese
26%
21%
J-J
assented
iA6s
82
21%
1962
AGuaranteed sink fund
>
64
20%
__
M-N
1961
6s
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a
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A6s
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Mortgage Bank
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.
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1961
A 6 Mas assented
A Sinking
;
58
24
Sep 1961
fund
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92%
105%
1961
assented
9%
16 %
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105
Sep
AExternal sinking
A6s assented
8%
J-D
agree_1963
(Rep of) gold 6s
External
a7b
99%
a
104% 104 %
Jan
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9%
9
—
J-J
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extl
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105%
Feb 1961
assented
12
45
29
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2.1257c)
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,
•
102
104%
Feb
sinking fund 6s
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--
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loan
to
de Janeiro
§ ARio
62
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105
104
8
100 VB
62%
62
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1942
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2001
62
1942
sinking fund 6s
45
—1966
62
i960
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ARy external
*41
J-J
2.3757c)
63
54%
98
97%
Int
62%
1960
assented
__
6%
M-JV
1945
Stamped pursuant to Plan A
'Int reduced to 2.25 7c)
62
54%
55
Af-N
1984
f 7s
103
6%
15%
74%
agree.1963
(State of)
of)
Alegre
Im
1975
fund 6s
88
16%
61
62
1960
AExternal sinking
7
assent___1933
\External loan 7%s^^__-
62
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1954
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1
Stamped pursuant to Plan A
m
56%
__
vPorte
—
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7%
*10
A4V3s assented
62%
1961
(City)
9
J-J
3%s series B
Stabilization
62%
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M-S
1958
1
60%
--
Rep
(Int
ACarlsbad
105
98
—
to
pursuant
Frternal
62%
*60
__
1957
61%
*60
—
3%s Series No. 29
55%
54%
62 %
61%
__
3%s Series No. 28
rat
14 %b
61%
60
__
*60
__
4s
35
1
c
6%
J-J
agree. 1963
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\
62%
55
5
61
of)
48
14
—
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sink fund 4%s
loan
a Poland
63
„S'
61
•
62"c
55 %
•
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3%s Series No. 26
*Fcru
83 V
55
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63
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53%
36
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to
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62
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62
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85
57
,
62
61
__
3%s Series No. 22
25-year
53
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55
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Canada
fund
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8
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__
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of)
62
9
*75
J~£)
agree.1968
1942,
fund
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7b-t.
3
*60
__
3%s Series No. 20
bonds
101%
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M-JV
1954
iKingdom)
5 APernambuco
65%
55
7
61'%
*00
1
__
19
f $
102 Va
75 VB
99 %
£-.1945
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s
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65
70
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4'/2-4%s
99
1945
pursuant to
65
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__
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—
1
74
61
61
3%s Series No. 14
s
f
s
66 V*
__
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___
(Province
A-O
A-O
agree. 1968
1899
1942,
5,
(State)
55%
4
67
*79
__.
65%
73
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10
11
64 3
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3%s Series No. 6
3%s Series No. 7
f
of
1913
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t.„.i
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65%
61V4
61 %
s
99
~7%
1957
(Republic) —
i
Stamped assented 5s
Stamp mod 3%s. exi to
65%
65%
61%
—
external
102
«1%
9
1954
1942,
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65%
—
3%s Series No. 4
3%s Series No. 5
s
-f>c
3%s Series No. 3
3%
101
8
40
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—
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13
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Buenos Aires
sink
Oslo
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Kingdom of) 4%s
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Brisbane (City) s 1 5s
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1942,
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D
1979
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Nov
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wwa>
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20
1899
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funding bonds of 1931 due„1951
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*15 VB
1949
1942,
5,
Nov
external
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90 Va
P3%
Stamped pursuant to Plan A
70
1952
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(Int reduced to 3.5%)
27
73%
j.d
J-D
1957
3.375%)
J-J
1967
1943
Nov
to
itamped
Ry)
84 %
7s
5s
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to
Geraes
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Plan A
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85
40
Assenting 4s of 1910
116
67 %
115 %
7
91
83 Vb
*36
f 5s_
5,
extl
to
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1978
(Int reduced to 3.375%)
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s
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A
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10
115%
104 Ma
99%
103% 103%
1941
8s
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A7«
88
1955
of)
102
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1968
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Mtiuuas
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f
§ A
101
78
to
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91%
nx"*
111%
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95
90%
1955
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(U S
A
102
93 3
F-A
f
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109%
90 %
J-D
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94%
102
F-A
J-J
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103
99%
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1962
s
9b
J-D
1966
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18%
1
77
1957
15-year 3%s
lABrazll
100%
103
1967
10-year 3'As
20-year 3%s
20-year 3%s
s
a
102 V4
107%
Mexican Irrigation—
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45
42
96%
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Jugoslavia (State Mtge Bk)
\4»>deUir
Colombia) 6%s
21
42
96%
J-J
paid
26%
A-O
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part
24
A-O
J-J
1964
Irish Free State extl
46
116'/a
104%
•
1976
paid
43
1957
'
79
&
1l0 "a
111%
85
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45
*42
series—1957
f 7s 3rd
s
81
105%
2
111% 111 %
A-O
96 Mi
20 V2
102
10
115
111 %
-—Jun 1, 1976
Jan 1, 1976
(Republic of)
43%
42
42
94%
61
43 Vb
J-J
79
93%
42
42
J-J
1st series
AExternal
1945
78
114
High
97 >/s
102%
108%
102
He'Ringfors (City) ext 6%s
F-A
1947
16
1955
$
part
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Agricultural Mtge Bank (Colombia)—
23
*110
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1942
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Republic
Greek
13
1962
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extl
78
(Republic of)—
s
extl
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'
gold 5%s
gold
4%s
External
13
*106 Va
(called bonds)
External
Wertheim & Co.
1 %
•
.
79
80
100% 100 3 a
113%
J-J
1960
20-year extl 6s
1942
6s
1
21
reduced
(int
extended
.1"
120
Low
82%
*102%
'
REctor 2-2300
January 1
No.
17%
17%
F-A
1977
Stamped assented
Telephone
Range Since
Sold
78
82%
Af-S
1949
4Mr- "Xternal debt
New York Stock Exchange
Bonds
.v
High
81
Af-N
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1953
ACzechoslovakia (Rep of) 8sserA_1951
■^Sinking fund as series B
1952
Members
Range
Friday's
Bid & Asked
Low
New York City
1960
York
High
Transit Unification Issue—
Corporate Stock
7
Friday
Range Since
ftu.U
Friday's
or
Bid & Asaed
Low
3%
NOVEMBER
Week's Range
Interest
BONDS
York
New
FOR
62%
50 Broad Si.# Now York 4, N.
90
41%
42
53
50
54%
48
50
Telephone
HAnover 2-00.50
Y.
Teletype NY 1-971
'Sv
i
26
(1910)
COMMERCIAL & FINANCIAL
THE
NEW
Friday
BONDS
Interest
Last
Period
York Stock Exchange
New
Sale Price
——1936
(State) 8s
Stamped. pursuant to Plan A
(Int reduced 2.5%)
extl
Low
—
50
46
46
*36
M-S
*39
*34
46
*38
46
BONDS
New York
Stamped pursuant to Plan A
(Int rtuuced to 2%)
48
2012
1940
f 7s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
A-O
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85%
tCentral of Georgia Ry—
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68
A-O
75%
641/2
§ AConsol gold
A Ref &
gen 5%s series
ARef & gen 5s series C
48
56%
59
40
60
35
—
"l
33
10
75%
ASllesia (Prov of)
91%
65%
A4s registered
New York
1962
M-N
6%
5%
6%
17
5
6%
5%
6%
21
4%
1958
Sydney County Council 3V2S
5 A Uruguay (Republic) extl
J-D
~8%
1957
A4%s assented
J-J
94 Va
1
94%
1946
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sink
fund
6s
1960
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sink
fund
6s
1964
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95 Va
14
.
*120
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6
8%
8
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13
7
13
13
3%-4-4,/as
'
External
($
8s
bonds of
1937)
—
—
—
M-N
1979
M-N
101'/a
Ref &
Ref
—
1978
J-D
1978
F-A
1984
J-J
conv
(City) external 7s
1958
96%
F-A
1958
A4Vis assented-
89%
*85
F-A
*9
86%
100
831/4
100%
85
100
93
102
9
90
5
96%
89%
16
6 %
6
_
_
—
—
7
,
84%
gold
4%s
1992
Alabama
Power
1st
mtge
*100iO
1967
3Vis
M-S
1st
&
M-N
*104'/4
_1972
<■
J-J
Albany 6c Susquehanna RR 4,/2s__1975
Alleghany & Western 1st gtd 4s__1998
4%s
ref
series
B
Allis-Chalmers Mfg 2s debs
1956
M-S
Amer <fe Foreign Pow
2030
M-S
deb 5s
American Telephone & Telegraph Co.—
2%s debentures
1980
2%s debentures
1975
25/8s
debentures
2%s
conv
105
A-O
*85
105
100%
7
100
IOIV4
38
106
108 Va
inc
mtge
A 2d
mtge 4 '/2 s inc
Chic
Milw
95Va
95Va
96%
115
95%
103V4
96%
96'/a
97%
119
96V4
103%
1st
100%
Gen
mtge 4%s inc
4%s
conv
107
107
A-O
95
95
2%s debentures
1982-
2%s
debentures
1987
J-D
2%s
conv
1957
J-D
921/4
80
107%
1,114
107
119%
75
95
101%
96
—
2
*102%
103%
_
42
24%
40
*100
J-J
8
—
—
36%
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33
44
108
103%
105%
103%
35
102
44
24
102
__
103% 104
27
109 Va
108
41
29
_
20
66%
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107
39
*99%4 102
51%
101
104'/a
M-S
131%
131% 132
M-N
104
104
104%
16
103%
107
F-A
104
104
104
14
103%
107%
J-J
124
1-24
124
3
J-J
*__
124
5
131%
J-J
124
132
124
109% 110
F-A
F-A
7
109%
112% 113
F-A
113
143%
124
114%
115%'
3
112%
98%
99
7
98%
104
94%
95
51
94%
100%
34%
34%
20
71
71%
11
118% 118 Va
1
118%
140
78 Vb
88
45
56%
—
1997
J-J
M-N
1982
M-N
1988
J-J
79
78 VB
79
U
Jan 1 2038
J-J
53%
53%
54
9
52
52
37
37%
*88
98%
•.
A
1983
A_^
ser
F-A
J-D
31
27
—
42%
52
1985
4%s
A-O
1961
18%
108% 108 %
32%
33
——
,
5s
Chicago Ind & Louisville Ry—Alst mtge 4s Inc ser A__^
100
107 %
91%
17%
57
44
1985
;
71 Va
91%
St
Paul
mtge 4s
inc
<fe
Pac
44%'
25
88%
71
J-J
1994
J-J
—
3
15
—
49%
66 Va
32
45%
87
99
,
104% 104 %
1
104 VB
105%
A__Jan 1 2019
Apr
68%
68
68 Va
88%
^_Jan 1 2044
ser
Apr
53%
53 %
54
130
49
64%
Apr
62
61%
62''a
109
61
B
ser
J-J
1956
RR—
A
ser
J-J
2003
Chicago Ind & Sou 50-year 4s
91%
8
108%
85
107
J-J
66
30%
A-O
1970
4.
mtge inc conv
mtge 3%s ser B
AGen
1091/4
104
IOO
107
1986
debentures
__
88
8%
__
1977
mtge 3%s
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
101A-
106%
108%
A-O
17%
8
1989
gold 4s
1st & ref mtge 2%s
Chicago & Eastern 111 RR—
1st
104
8
1996
L__1958
ref
1st <fe
17%
100,7e
„
67%
39
5
1989
1st cons
AGen
194Q
102%
9
1996
impt mtge 3%s D
impt M 3%s series E
&
General 4s
RAILROAD ARB INDUSTRIAL COMPANIES
Adams Express coll tr gold 4s
Alabama Great Southern 3V4S
High
79
9 %
27
series
2d consol gold 4s
21%
5%
Low
Chicago Burlington & Quincy RR—
90
18
Range Since
January 1
Chesapeake & Ohio Ry—
130
43
92%
1974
No.
48 Va
30%
J-J
20%
J-
91
32%
1987
3s
Sold
9 %
*14%
A-O
J-J
1987
Bonds
90%
*51
J-J
1987
High
48%
F-A
ref
General
121
Friday's
*87
8
J-D
1966
Champion Paper &r Fibre deb 3s___1965
_
_
Power
__
—
F-A
&
R & A Div
-1979
readjustment
4-4'/4-4%s extl readjustment
3%s extl readjustment
A Warsaw
94 %
26
—
External conversion
87/6-41/tf-4^6s extl
140
A-O
(4%% to Aug 1 1949)
1974
SACentral RR <fe Banking Co
5s stamp
(partial redemption)__1942
10%
J-D
A-O
1st ref gtd gold 4s_1949
A
1st
10%
M-N
1958
or
Bid & Asked
M-N
1959
_
1987
Central
80%
1962
extl 7s
1945
Illinois Light 3%s
JACentral of N J gen gold 5s
A 5s registered
AGeneral 4s
55
85
F-A
1959
B
Central
—
85%
5s
AChatt Div pur money gold 4s_,1951
§ A Mobile Div 1st gold 5s
1946
65
Serbs Croats <fe Slovenes (Kingdom)—
A8s secured external
A7s series B sec extl
Nov 1943
67
42VB
—
Sale Price
Week's Range
Last
Feriod
Low
Central Pacific
1978
Interest
Exchange
High
i
J-J
Stock
46
42
49
J-J
_1968
7
48
~5
41
1956
A6s extl dollar loan
s
*36
J-J
J./
RECORD
NOVEMBER
January 1
NO.
—
2004
loan
water
Stamped pursuant to Plan A
(Int reduced to 2.25%)
lASecured
*46
J-J
1999
ENDING
Range Since
Sold
High
1950
Stamped pursuant to Plan A
(Int reduced 2.5%)
WEEK
Friday
Bonds
Friday's
or
Bid & Asked
1999
A8s external
A 7a
/-J
FOR
Monday, November 10, 1947
Week's Range
LOW
lASan Paulo
BOND
YORK
RANGE
CHRONICLE
%
69 %
68
Chicago & North Western Ry—
97%
1021/4
2nd
110%
110% 1121/8
647
110s,8
112 Va
1st
Amer Tobacco Co deb 3s
3s debentures
1962
A-O
102 Va
102
102%
47
102
105 %
1969
A-O
1021/8
102 Va 102%
39
102 Va
106'/a
Ann Arbor
1995
Q-J
84
84
84
1966
A-O
96
96
95
debs
wi
97%
97%
98%
69
mtge
inc
conv
mtge 3s
4%s__Jan 1 1999
B
^Chicago Rock Isld
1989.
Atchison Topeka & Santa
General 4s
A-O
Adjustment gold 4s
July 1
1995
Nov
July
1995
120%
M-N
1
Charlotte Air Line Ry—
1st mortgage 33/4s
1963
Atlantic Coast 1st cons 4s
July 1952
unified
4 Vis
A
120% 121'/4
56
111 V4 111%
"7
120%
1934
1952
I960
119%
1951
J-D
1951
J-D
3%s
Memphis Div 1st gold 4s
M-N
*102
103 Va
Chic Terre Haute <&S'eastern Ry-*lst & ref M 2%-4 %s
1994
107
M-3
104 Vt
104 Va 105
77
104
107%
J-D
104
104
105
28
103 Va
111%
1948
J-J
30%
32
23
1948
J-J
*19%
20
1066
J-J
32
28
99%
Income
30%
103%
2%4-4%s
1994
15
1st
A-O
82
Stamped modified bonds
1st mtge 5% (interest
at
4Vis
income
—Feb 1 2010
G
Series
K
Series
and
101
A-O
85
85
97%
33
85
J-J
71
717s
43%
May
71
ref
43%
45
107%
1962
M-S
8
103
107%
1943
A-O
*251'4
A-O
*25%
57%
15
52
73 Va
J-D
68
68
69 %
46
60
84%
83%
85
55
83''a
97
78
79
4
78
96
(2%%
51%
4%s
series
D
<fe
M-N
1959
J-J
&
84%
—
1st
L Div
Mich
A-O
M-N
ser
I
1970
ser
91
91
J
1976
5s series AC
1967
5s series II
4%s series JJ
4s series RR
9
90
91
2
90%
124%
*97
98 %
99
99%
M-S
1st mtge
99%
M-N
1st mtge
91
90%
124
—
J-J
—
Boston <fe Maine RR—
1955
M-N
101 %
1961
A-O
J-J
80%
M-N
51
Buffalo Niagara El 1st mtge 23/4s__1975
Buffalo Rochester & Pgh Ry—
Stamped
modified
(interest
at
due
*98%
99%
3
—
50
—
100%
1960
Alnc mtge 4%s ser A
July 1970
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 4s debentures
1969
Gen mtge 2%s
1976
coll
tr
27
50%
51
61
104
M-S
102 Va 103
5s
J-J
96
96
96
9
M-N
99%
99 3,4 100
15
C
3%s
3%s
95%
1957
M-N
58%
58
Va
61%
28
A-O
36%
36%
36%
3
A-O
Union
J-J
A-O
92%
105%
Terminals
129
I
100%
f
Guaranteed gold 4%s
Guaranteed gold 5s__
1976
Colorado
4%s
1974
Gas
A-O
;
99
103 %
1
Columbus
104
f
42
66
&
96
103%
99%
55%
25
91
105
104
72
39
103%
97
106V4
103%
64%
80%
_
_
87
5
86 %
96%
105 % 106
20
105 %
109%
87
102%
—
£
104
*
101%
—
__
—
103%
100%
104
104
108%
105
105
105%
12
105
109
102
102
103 Va
37
102
107%
101
101
102 %
39
100%
106%
1980
El
Ohio
4s__1948
A-O
1970
107%
M-S
1955
3%s
F-A
mtge 3a series L
1977
1951
J-J
Conn
River
2
36
103
106%
3
102
103 Va
52%
107% 107%
*__
F-A
Ry & L 1st & ref 4%s
52%
103%
102
52%
103
M-S
103
102
M-N
—
13
63%
23
107%
110%
114
114
104% 105
44%
114
104%
109%
108 %
Pwr
_19G1
105% 105'/a
F-A
3%s
1965
York—
1953
A-O
3%s
f
S
Cigar Corp
*106%
108%
A
£
104%
--
13
—
105%
108
102%
104%
102%
104%
Consolidated, Edison of New
3%s
debentures,
& ref
mtge 2%is ser
1st & ref mtge
2%s
ser
<fe ref mtge 2%4S
Consumers
1st
Power
ser
1982
1977
1972
A
B
C
2%s__1975
mtge
1965
—1966
1942
debs
1st mtge 3'/to
Baking
Crucible
Steel
gACuba
Northern
3s
Ry
1st 5%s
ADeposit receipts
1952
ACuba RR 1st 5s gold
receipts
J-J
102%
M-S
48
98%
103%
31
95%
101
99:% 100'%
13
99%
103%
101 %
77
100%
106%
100% 100 3'a
101 %
M-S
J-J
2
100%
104
101
£
JD
99
*52
M-N
54
98% 101%
49%
63%
41%
1975
Dayton Union Ry 3%s series B___ 1965
A-O
39
52%
2
76%
86%
35 %
36 Va
19
32
44%
37%
1
36
46
36
45%
*37
J-D
113
7
81
37%
:
41 %
81
j-j
36%
deposit rets
99%
96 Va
99%
J-D
B
5
98%
95%
J-D
1946
1946
ser
102% 102 %
.98%
A-O
39 Va
D
113% 114%
21
J-J
113%
120%
108%
108% 109 Va
3
J-D
108%
113%
110% 110%
2
109 Va
Deere
1965
J-J
114%
A-O
112% 113%
8
119%
Delaware Si Hudson 4s extended—1963
M-N
A-O
112%
112% 112%
1
119%
F-A
112 Va
107
5
106%
112%
Delaware, Lack & West RR Co—
N Y Lack & Western div
—
107
Dayton Pr 6c Lt 1st mtge 23/4s
&
Co
2%4S
1st & ref
F-A
99%
M-S
—
99%
107
99%
115
107%
8
94%
107
F-A
1965
A-O
i960
J-D
65
102 '/4 102%
F-A
4sII_Il948
65
102%
102%
—
29.
v-; „r:";
*68%
73%
5s
ser
AIncome
Morris
Essex
1
63%
102%
105%
102%
106
78
81
&
tr
Delaware
&
May
Light
1%
ser
A
(3%
contingent int)
1
3s
Denver'& Rio Grande West
1st mtge
101%
100
104%
4
103%
103%
35
101 Va
105
91%
99
77
90
91%
19
79%
79%
1
50
50%
2
54
55
11
49
62%
102
79%
M-N
91%
102
10
102
109%
55
78
89%
42%
58%
division
4-6s„
Power
M-N
1993
2
103% 103 Va
101 Va 101%
100 % 100%
J-D
1973
C
mtge due
110
10
61
M
debs
107
Coll
1981
98 Va
82%
A-O
113%
Carthage & Adirondack Ry—
page
98 Va
98 %
65%
A-O
J-J
Pac Ry 4% deb stk
perpetual
Carolina C'tnchfield & Ohio
4s
1965
see
82
1
107
99'/a
Can
gold
4
78
A-O
1951
1st mtge gtd 4s
Celanese Corp 3s debs
66%
*100%
M-N
A-O
1969
I_II~1955
4'/2s
88
106
103%
9
87
105 %
F-A
debs—1971
1st extl gold
Sou
Consolidated
107%
2
103%
M-N
J-J
1956
4%s
99
81
|
91 Va
19
104
%
£
J-J
Conn
1st
96%
79%
98%
99 Va 100 %
13
98 %
71
3%s
Elec
V
Columbus & Tol 1st extl 4s
Commonwealth Edison Co—
101
93%
*—
—
98%
69
1970
4%s
For footnotes
105 Va
97
8*2
98%
70
Ry—
modified)
&
Columbus & H
A6s
M-N
_1962
1957
Oct
5s
Celotex Corp 3Vis debs
ACent Branch U P 1st
113 Va
100
& Southern
(stamped
Columbia
103%
105% 105%
J-D
82
J-D
_1972
1973
1977
5s series B
99
C
Elec Power 1st 3s
Calif Oregon Power 3Vas
Canada Southern cons
gtd 5s A
Canadian National Ry—
gold
85%
105 Va
Co—
mtge 5%s series A—
1st mtge
ADeposit
California
81 %
81
J-D
1950
1961
gtd 4%s
1st mtge 4%s series C
Continental
*98% 101
81
1948
1st
A7%s ser.A deposit rets
Guaranteed
~5
97
J-J
1991
4s
gtd
1st
1955
£
1977
E
gtd.
D
1st
1960
Bldgs 5s gtd
J-D
1970
!•
....
1952
Bush Terminal 1st 4s
100
gold 4s_____1990
f
104
1934
5s
gold
100
*111
J-D
1993
3s
Series
96%
__
81 Va
F-A
124
98%
100 %
__
92%
F-A
F-A
1993
1st
100
98%
80%
^Burlington Cedar Rap <fe Nor—
gold
17
101
111
101%
101
1974
,
Div
Ilium
Cleve Short Line
1st
A-O
Guaranteed
34%
34%
60
Cleveland & Pittsburgh RR—
Cleveland
1951
Guaranteed
101
24%
24%
__
85
1961
series
Series
1980
1961
gold
104 Via
tf
M-N
A-O
104
1966
B
impt 4%s
Cleveland Elec
Va
1947)
series
5s
St
—
1960
Guaranteed
104
,1969
mtge gtd 33/as series E
G_
Cin -Wab
fixed
Extension 1st 3%s
Telephone of Pa 5s series C
Beneficial Indus Loan 2 Vis debs
Bethlehem Steel Corp—
Consolidated
ref
73Va
56
Beech Creek
Bush Term
ll
108 %
Ref
56
Bell
coll
101 % 101%
106 %
General
M-S
J-J
to May 1
85
101 %
74
38
J-J
3%
93%
76
103
54
57%
1951
§ Alst &
80%
100
1963
Cleve Cln Chic & St Louis Ry—
General gold 4s
1951
1st mtge
1
I'¬
105
100
59
56
4s
1st mtge
82 %
96 %
1
35
56
stamped
mtge 2%s
Cons mtge 23/4s
83
*77
101
21
161
M-3
A
Cons
101%
2
--
100% 100%
F
City Ice & Fuel 2%is debs
City Investing Co 4s debs
Bangor & Aroostook RR—
4s
J-J
99
102% 103%
89
82
Toledo Cinn div ref 4s A
Con
*97%
83
—
27%
101
101
J-J
J-J
12%
J-J
70
57-%
due Dec 11993
series
—
90
J-J
2
due Mar 11996
mtge 6%
—
%
63
1963
series
1st mtge 2%s ser
101
56
J
4s
82
56%
Pgh Lake Erie & West
Ref
21
J-D
3%% contingent interest)
Series
84%
due Dec 11993
due Mar 1 200o
M
Ref & gen
82
1st
Ref & gen mtge 5% (2% fixed
and 3% contingent interest) —
Series
14%
42 Va
1952
1st
July 1 1948
mtge 5%
(fixed int at 3%%)
1950
Conv
88
56
39
Cincinnati Union Terminal—
4%)
Div
89
§ A Debentures 5s part paid
1957
tAChoctaw Okla & &Gulf cons 5s__1952
Cine Gas & Elec 1st mtge 2%s
.,1975
Baltimore 8c Ohio RR—
Fixed
15
Va
4s
3%s
mtge
1st &
S'western
14%
78
IfAChilds Co deb 5s part paid
99% 100
B
July 1 1948
60%
66 %
29
Chicago Union Station—
1st mtge 2%s ser G
Chic & West'n Indiana conv
4s
%
101%
41
17%
83
97%
J-D
1951
36
358
60 Va
M-N
86%
54%
86
__
M-S
Gold
118
110
—
53%
__
gold 4 %s
Chicago St L & New Orleans 5s
132
1964
:
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
Atlantic Refining 2%s debs
1st mtge
86
53%
A-O
A Conv
97%
116
*170
111 V*
Atlanta <fe
General
J-J
deposit
§ASecured 4%s series A
I995
:
of
SARefunding gold 4s
Fe—
Stamped
4s
A Certificates
95 Vs
97%
& Pacific Ry—
AGeneral 4s
1st gold 4s
A P W Products Co 5s
j-j
,1988
ser
2042
1973
54%
A-O
RR—
fixed
1993
J-J
79%
79 Va
79%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4645
166
Volume
NEW YORK
.
Friday
Interest
Slock Exchange
New York
Sale Price
A
Income
BOND
ENDING
mtge
High
Low
Low
No.
New York
January 1
38%
49 %
50%
>1993
contingent lnt)__>
3 %s series G
i%
Geh
&
Gen
ref
1966
19]®
1982
2%s series I
ref
&
series H
3s
Detroit & Mackinac 1st lien goui *s> a»»o
ASecond
1995
gold 4s
4%s
1961
Det Tol & Ironton RR 2%s ser B—1976
Dow Chemical 2.35s debs
1961
Detroit
& Tunnel
Term
tiADul Sou Shore & Atl gold
5s^_1937
J-J
69%
5
73%
105
104% 105%
*55
M-N
M-3
*__
J-J
Railroad
,1961
^Florida East Coast. 1st 4V2S
1959
J-J
unguaranteed
25
97%
101 '/a
36%
36%
36%
1
30%
37%
,
114
*114
,
,121..
152
103
152
152
155
103
103
163
106%
106%
104%
*102
A-O
112%
105% 113
115
tAKreuger &
of
64
64%
*95
A-O
J-J
1956
81
102%
99%
94%
86%
86%
J-J
*83% .87%
94
A7
lQ0%
99%
99%
M-S
1051%
103
M-S
Toil
5s
Lake Sh & Mich Sou gold 3%s
*102
J-D
103 Va
50
7 2'/a
1
50%
65%
18
101 Va
51%
7
50%
io3
101%
M-N
105%
100 %
103
51 %
51 %
M-S
102 Va
4
103 Va
103
103 Va
M-N
*112%
102%
Jf-fl
102%
*—
A-O
184%
1%
102%
22
1%
a
4s
106
(BF)
Co
_1969
M-S
98%
1947
M-N
J-D
Northern
General
1952
J-J
Ry Co—
series B
5Vis
General
series
5s
i
13
85 Va
85%
mtge 23/4s_1965
1st
CD OO "0
98
115
115
77
DM
91
91
13
75%
A-O
96
96%
11
96
income reg___^
*99%
F-A
99%
——
4s
'
registered
stamped modified
registered
4%s
117%
1973
J-J
128%
128 Va
133 %
1976
C
General 4 Vis series D
J-J
117
117
129
10
99'/a
64
7
58
65
66
11
65
82
80
28%
42%
27
39%
31
45%
32%
35%
32%
34
32
35%
36
*33%
36
40 Va
41
68%
69%
__
36
32 Va
43
44
39
52%
28
67
10
123
128 Va
8
112
116
118
118
— —
M-N
41
5s_1951
1963
1951
1962
Long Island unified 4s___——.—1949
Guaranteed ref gold 4s
1949
4s stamped
1949
A-O
68%
1951
1963
1966
F-A
110% 110%
4
A-O
103
103%
10
102%
106
2
105%
107%
2
101%
108%
modified
:
Lehigh Valley Terminal .Ry ext
Lexington & Eastern Ry' 1st 5s
Liggett & Myers Tobacco 5s
Little Miami gen 4s series A
Lorillard
Co deb 5s
(P)
debentures :
3s
123
123
123
A-O
112% 113'A
A-O
M-N
M-S
&
ref
ref
F
3%s series
M
M 2%s ser G
107%
107% 107%
A-O
101%
101% 101%
A-O
92 V*
St Louis Div" 2d
gold 3s
Cine Div 4s
99
104%
2000
—1982
J-J
J-J
90 Va
7
89 Va
98%
Mead Corp
2010
1961
J-J
81%
4
81%
91
J-J
92 %
10
92 %
99
Metropolitan Edison 1st.mtge 2%s_1974
Metrop Wat Sew & Drain 5%s—1950
62
65
Gen
mtge 2%s ser R
95 Va
104 %
95%
May Dept Stores 2%s debs
1st mtge 3s_
a
ctfs
Debentures
B
._
Greyhound Corp 3s debs
Gulf Mobile & Ohio RR
il959
1975
Gen
8%
8%
"5
4%
18
101
97
J-J
1969
70
3976
54 %:
54%
7
22
55
9%
104 %
97
105 %
75
67%
86 Va
96 Va
52%
72%
101%
1st
Hocking Valley Ry 1st 4%s
Household
Finance
Coal
Hudson
1st
Hudson Co Gas
Hudson
A
131'%
8
2%s
J-J
96%
96%
97
3
series A
1962
J-D
85 %
85 Va
88
20
1949
M-N
1st gold 5s
1st
^1957
54 7
A-O
5s A
Adj income 5s
106% 106%
F-A
Feb 1957
Manhattan
&
131 %
131%
1999
1970
Corp
f 5s
s
J-J
90%
102 V2
102 Va
Marie—
Jan 1971
Jan 1991
Texas 1st 4s__
1990
102 »/4
96%
79
Prior
A Cum
90
1st
1951
gold 3%s
Extended
1st
1st
gold
3s
109%
103%
Collateral
1951
48 Va
63 V*
A
13%
23%
A 1st
J-J
99%
99%
99%
23
99
J-J
103%
103 %
103'/a
2
102
trust
Refunding
*101 Va
A-O
99
99
1955
;
*10134
A-O
M-S
1952
gold 4s
4s
J-J
1951
105%
M-N
99 %
99 Va
1952
Collateral
1953
M-N
*94%
M-N
104 Va
104%
1966
F-A
77 Va
78%
gold 4s
6s
40-year 4%s
Cairo
Bridge gold 4s
Div- 1st gold 3s
_1950
Litchfield
J-J
77%
93%
101%
93 Va
100%
Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s
^
_1951
J-J
St Louis Div & Term gold 3s__^-1951
Gold
—!
3 Vis
Springfield Div
Western
Lines
—1951
gold
1st
1st
3Vis
gold 4s_
99 Va
*97%
J-J
F-A
*98
*
Registered
102
67%
99%
__
98
100
100
98%
*100
101 %
100
97
101%
99
—
103%
-
101%
81%
98%
111 Cent and Chic St L & N O—
Joint 1st
1st
&
ref 5s series A
ref
4 Vis
series
1963
89%
89
1963
J-D
82%
J-D
77%
77 7
90
82
1963
C
1st ref mtge 4s ser D
Illinois Terminal
J-D
Ry 4s ser A
.1970
J-J
Indiana 111 & Iowa 1st gold 4s
>1950
J-J
82%
to"
31
73
92%
77%
1
70
85%
95%
a
95
i—* O O
54
4
95
101%
103
—
99%
101%
Indianapolis Union Ry Co—
Ref & Imp 2Vis ser C
1986
^International Great Northern RR^a 1st
6s series A__
1952
J-D
*__
J-J
59%
59%
95%
61
98
97%.
--
39
43
1
65%
AAdjustment 6s series A—-July 1952
A-O
20
20%
59
14%
30
a 1st
5s
,_1956
J-J
54%
54%
9
40 Va
59%
a 1st
gold
1956
J-J
54%
54%
7
42
68 Va
69 VB
231
series
5s
B
series
C
jAInternat Hydro-Elec deb 6s
1944
A-O
Int Rys Cent Amer
1972
M-N
1st 5s B
68 %
*102%
—
&
& Clear 1st 4s
Laughlin Steel 3%s
1959
M-S
1961
*71
98 %
J-J
102%
98
77
98 Va
68
99%
102% 102 %
75
21
6
59%
.
106
105
96%
102
93
105%
104 V*
K
1990
Kansas City Power & Light 2%s—_1976
Kansas City Southern Ry 1st 3s
1950
1st
mtge 4s ser A
Kansas City
Kentucky
For
1975
Terminal Ry 2%s
gold 4s
Central
footnotes
see
\
page
29.
A-O
*—
A-O
1974
A-O
1987
J mj
-100%
103%
99
97%
59
*—
100
99"%
104
7
122
105
1001/:
—
103% 103%
58
80
106%
99%
43%
'
104
95
111
100%
58%
4
88%
97
14
43
58%
27
69%
95'A
1962
J-J
78 Va
1962
J-J
RR—
A
series B
4 Vis
D
series
4s
1978
series A—Jan 1967
1965
1975
1977
1978
i
series F
5s series G
&
1949
1980
1981
gtd gold 4s—1991
Monongahela Ry 3%s series B
1966
Morr.ell (John) & Co 3s debs
1958
Morris &-Essex 1st gtd 3 Vis
2000
Constr M 55 series A
1955
Constr M 4%s series B
1955
Mountain States Tel & Tel 2%s
1986
Mutual Fuel Gas 1st gtd 5s
=—1947
78%
66
40
CO
66
2
%
71
J-J
— —
75
96
61
85%
69%
86%
'
115
54
F-A
55
79
54
A-O
79 %
5
532
48
82%
62%
85
18%
39%
M-S
33%
32
34%
M-S
79 Va
79 %
80
63
62 %
85
M-N
79
78%
79%
21
63
84%
24
112
23%
24%
A-O
79
79
79%
26
F-A
79
78%
79%
110
62 %
65
M-N
M-S
*__
F-A
*101
M-N
104%
7
15%
32
63
84%
62%
85
60
78
104%
106
100 V*
——
103
103%
J-D
54
54
54
53 Va
63
M-N
69%
69 Va
70
14
65
74
M-N
64%
64%
64%
10
59
M-S
94 Va
94 Va
94 Va
11
56
93%
100
M-N
68
101 Va
100'/a
N
Nashville Chattanooga &
1st mtge
St Louis—
105i/4
103%
104%
99
100%
122
105
■»
1986
3s ser B
Products 2%s debs_1970
National Steel Corp 1st mtge 3s—1965
National'Supply 2%s debs—
:_1967.
ANaugatuck RR 1st gold 4s
-1954
National Dairy
5s__——1948
New England Tel & Tel 5s A
1952
1st gtd 4%s series B
——1961
N J Junction RR gtd 1st 4s_
1986
New Jersey Power & Light 3s
1974
New Orleans Great Nor 5s A—
1983
New Orleans & Northeastern RR—
Ref & Imp 4Vis series A—.
1953
New Orleans Term 1st gtd 4s
1953
tNew Orleans Texas & Mexico Ry—
§ ANon-cum-inc 5s series A
1-1935.
Newark
Consol Gas cons
of
A Certificates
series B
A 1st 5s
A
1—
of
Certificates
;—
of
A Certificates
4 Vis
A 1st
deposit
series C
A 1st 5s
deposit
of
104'A
104 Va 104%
104 Va
106 %
*
_
99
105%
90
J-J
102
A-O
12
33
*76%
AM3
98 %
*
F-A
98%
—
100
94
A-O
101
103
106
101
106%
78 Va
80
83%
58
81%
83
99
F-A
124 Va
109
78 Va
-
88
99
98% 100
120 Va
103 Va
103 Va
102 % 102'A
98%
109 %
—
3
103 Va 103 Va
102%
105%
103%
8
101% 102
J-J
9
94
79
90%
101 Va
101
106 Va
--
103 % 104%
M-S
J-J
"l
120 Va 120'/a
M-N
F-A
101
103%
105'A 105 5/a
-
1954
99%
98%
103%
J-D
deposit—--—
5Vis
100 VA
40
M-N
—— -
-1956.
1956
series D
Certificates
1954
104 Va
31
J-D
J-D
99%
100'A 101
J-D
A-O
92
92
F-A
deposit
104
87
102
96
101%
95%
97%
90 Va
86
106 Va
86
101 3 8 103
60
*86
101'A
—
63%
65
86
61%
81%
F-A
63
1998
69
70%
130
64 Va
A-O
69
impt 4%s series A——2013
Ref & impt 5s series C
2013
N Y Central & Hudson River RR—
76 Va
78 Va
97
72%
82%
92 V*
A-O
76 Va
81
81
82%
23
81
98
J-J
Central RR Co—
Cons
Ref
4s
series
A
&
1997
—1997
registered
Lake Shore coll gold
J-D
22
100 Va
*53
A-O
10
83
107%
75
.adjust. 5s
3 %s
A-O
a
M-S
102%
102 V*
47
General mtge 3Vis
Kanawha & Mich 1st gtd gold 4s
107
89
4s
New York
J-D
1976
107 Va
MM9
102'/a
__
74 %
series A
A Certificates of deposit—
Jones
82
J-J.
106 Va
98%
47
& ref 5s
A 1st
Jersey Central Pow & St 27/as
*98
M-N
103%
100 V*
100
88 %
Moh'k & Malone 1st
A
James Frankl
*100%
M-S
84%
100 Va
__
102 % 105
100
108 Va
98%
97
__
J-J
101%
101% 101%
A-O
10
3
M-N
106
96
5
97
J-J
1951
99 %
93
80
100 V*
100%
98%
106 Va
30
...
F-A
1951
98%
89
15
*106% 109
J-J
71
1
99%
J-D
>—1951
101%
"3
96%
1955
trust
102
99%
71
Purchased lines 3%s
Refunding
105
101%
__
__
__
99
99
74 Va
General
53
93
1951
gold 3%s
sterling
79 Va
47
^Missouri Pacific RR Co—
A 1st & ref 5s series A
55 Va
Illinois Central RR—
4s
85
77%
102
88 Va
gold 5%s ser A
ref gold 5s series H
A 1st & ref 5s series I
gold
81 Va
J-D
AConv
1st
37
J-J
lien
140%
131 %
A 1st
Telep 23/4s series A—1981
97%
99 Va
J-J
A 1st & ref
Illinois Bell
*__
66%
11
72%
r91
A
mtge 4s inc ser
40-year
17 Va
8
16
16%
5
112%
4%s: inc ser A
mtge
Prior lien 5s series
*96
__
103%
111
J-D
Saulf$fete
Minn fit Paul &
Missouri-Kansaa Texas
H
M-S
85
*78%
M-N
J-J
1951
1st gold 3%s
1957
Ref & impt 4%s series C
1979
Michigan Cons Gas 1st mtge 3%s_1969
1st mtge 2%s
1969
t§AMidlahd ofN J 1st ext 5s—.1940
Mo Kansas &
1st mtge 2%s—1976
85
M-N
1972
72 %
*98 %
3-D
1960
& Sag 3%s
Jack Lans
A Gen
Hackensack Water
98%
96
13
111
111
91
_
101%
98%
98%
M-N
7%
100
e.
97
A-O
2044
mtge inc 4s ser B
Util 1st M 2%s
States
71
\
97
69 %
J-J
>2015
mtge inc 5s series A
1st & ref 5%s series D
Gulf
Feb
A-O
V.
1st & ref 4s series B
Gen
*62
Feb
.
72%
3-D
C"%ral—
Michigan
AGreen Bay & West deb ctfs A
_
115%
M
4%s ser A
1960
1st mtge & coll 4s ser B
1954
Manati Sugar 4s sink fund—Feb 11957
A Manila' RR (Southern Lines) 43—1959
Maine Central RR
mtge 3 Vis ser O
93 Va
111
M-N
Gen
2%s ser Q
97%
104
104
110%
3
93
92%
*97
102%
101 Va
102
M-S
M-S
80
100%
11
100% 101
*101
M-S
2003
2003
—1980
1955
•101%
— —
100%
M-S
J-J
mtge 23/4s ser P
76
63%
65 Va
*30%
.1990
intge
87
63 %
M-N
mtge 3 Vis ser N
Gen
84
82
86 Va
jTN
Gen
Gen
~
1
86 Va
J-J
2003
,2003
2003
2003
~
87
87
82
—
F-A
1954
Lehigh Valley Ry Co NY 4%s exfc_19BQ
Lehigh JValley RR—
4s stamped modified—
2003
4%s
101%
83
--
—
t
—
101%
83%
88%
*83 Va
M
.
I
4;
99%
3
mmlm
*85 Va
91%
101%
100%
»•»«
99% 10O
*85%
F-A
101%
114%
1
115
99%
...1970
Lehigh Coal & Navigation Co—
S F mtge 3Vis scr A__
1970
Lehigh Valley ppal Co—
1st & ref sink fund 5s
..1954
5s stamped
1954
,
1st & ref sink fund 5s—1964
5s
stamped
!
.1964
1st, & ref sink.fund 5s__r_
1974
5s stamped1974
Aist mtge
103 VB
101%
—
103%
86%
98
59
—
94
95%
Nitrate Co Ltd—
Lautaro
Atl Knox &
Grays Point Term 1st gtd 5s
Great
105%
104
J-D
Utilities Corp—
debs
inc
conv
Goodrich
1949
3%
96
10
94
94
J-D
1st &
&
105%
1%
J-D
1st
iceaity
102%
187
101
8
1997
.;
Louisville Gas & Elec 3%s—
ULiiciai
112%
180
102% 102%
1%
68%
108
112%
—
*—
A-O
High
53
106%
Louisville & Nashville RR—
Gas & Elec of Berg Co cons 5s
Loro
106%
1997
3%s registered,
5s stamped
deposit
Francisco Sugar coll trust 6s
59%
38
99%
64
J-3
No.
E
94%
98Va
50%
—1974
& ref 5s series A
A Certificates
—1961
—1997
—_—1964
ctfs—
1959
4%s
Kings Couhty El L & P 6s
Koppers Co 1st hitge 3s;
Leh Val Harbor Term gtd 5s
inc
Firestone Tire & Rub 3s deb
A 1st
J-J
Range Since
January 1
Sold
50
J-J
1961
Bonds
High
*40
J-J
1961
70
110%
86
Co—
4'/is series A
2015
1st cons mtge 3%s ser E_
•
—1964
1st cons mtge 3Vas ser P
—1990
1st cons mtge 3'As ser G———2000
1st cons mtge 2s ser H
1953
Ohio Div 1st mtge 3%s
1971
mtge
1961
55
50%
100
89%
A-O
Gen
62%
3
16
97%
J-J
Range
Friday's
or
Bid & Asked
100
97%
J- J
1965
Erie
99%
102
M-S
stamped—
11
63
100
(NY) 1st cons gold 5&——1995
Elgin Joliet & East Ry 3Vis.
~._1970
El Paso & S'western 1st 5s
1965
5s
109
Week's
109%
68%
68%
J-D
J-D
M-N
Ed El 111
106%
104%
99% 100
99%
M-S
3
52
108
108
M-S
3-D
1956
East Tenn Va & Ga lMv 1st 5s
Sale Price
Plain
59%
69
71
69%
49 V2
Apr
.
Detroit Edison
Last
Period
Low
:
fixed
(3%
mtge
Interest
Exchange
Stock
High
Lake—
Salt
&
Income
-
Stamped
—2018
contingent Int)
Denver
-
Kentucky & Indiana Term 4%3
(cont)—
A (4%%
ser
7
BONDS
Range Since
„
27
RECORD
NOVEMBER
Friday
Bonds
- Sold
Grande West
Rio
&
Friday's
or
Bid & Asked
•
Denver
WEEK
FOR
Week's Range
Last
Period
BONDS
RANGE
(1911)
3%s
3 Vis
registered
gold 3Vis
registered
Mich Cent coll
3Vis
New York Chicago
& St Louis—
E
F
105i/4
Ref mtge 3%s ser
123Vi
1st
mtge 3s ser
*
fi'l %
J-J
1998
.1998
1998
1998
F-A
1980
1986
J-D
CD
'
F-A
A-O
67 VA
62
—
93%
74 Va
77
72%
63
4
62%
60
60
5
57
92 Va
93%
:'88
89%
94
81%
73%
17
--
66
63
F-A
F-A
67
*60 %
78%
--
24
92'%
89
101%
97 %
THE COMMERCIAL & FINANCIAL CHRONICLE
(1912)
NEW
YORK
RANGE
Last
Period
Stock Exchange
WEEK
BOND
RECORD
NOVEMBER
ENDING
7
Week's Range
Friday
Interna
BONDS
New York
FOR
Monday, November 10, 1947
Sale Price
or
Friday's
Bonds
Low
January 1
No.
LOW
Friday
Range Sine*
Sold
Bid & Asked
High
BONDS
New York Stock Exchange
Interest
Sale Price
Week's Range
Last
Period
or
Friday's
Bid & Asked
High
Low
"
N Y
Connecting RR 27/8s
N
Dock
Y
gold 4s
N Y & Harlem gold 3 Vis
Mtge 4s series A
Lack
4 Vis
4s
IN Y New Haven &
§ACollateral
1st
&
series
101%
99
103
2
103
*101
108
1973
Af-N
67
67
Jf-N
73 %
73 %
67
110%
103
110
112 Va
*—
J-J
A
~5
66
3
80
68 >A
85%
537/a
APittston Co 5%s Inc deb
Potomac El Pwr 1st M 3%s
J-J
A.2022
60
May
2007
ser
t
M-N
195^
4s
mtge 4s ser A
mtge conv inc 4 Vis
75Vi
9%
Vi
Vi#
28
51
10'/a
9
Sold
No.
"■105%
101
1977
F-A
1957
Jf-N
Jf-8
62
416
60%
29%
548
28
108%
196#
>8
1972
Jf-N
2037
J-J
*140
1st & ref mtge 8s
2037
J-D
J-J
99%
Jf-N
92%
10
106
98Vi
17
108%
*225
.1964
10
106 %
106
164
111
108 %
162
154%
237
242
38%
*95
High
70
28
Low
98% 101%
106% 107%
100
J-J
5
20%
60%
Range Since
January I
*113
101
-1958
Public Service El & Gas 3%s
1st & ref mtge 3s
83
J-J
J-J
1st & ref mtge 5s
*72
A-O
1940
6s
1964
1968
1st mortgage 3%s
I AProvidence Securities 4s
tAProvidence Terminal 4s
Harford RR—
trust
Tef
A Gen
92%
4
103
103
Jf-N
J-J
B
ADebemure
3
1973
West
8c
series
94
997/a 100%
100 1
P-4
2043
2043
Mtge 4s series B
N Y
93%
-4-0
B—1973
1951
2000
ser
1st
High
Bonds
J A Harlem River & Port Chester—
1st
IAN
A
N Y
N
4s
8c West
&
ref 4s
1955
& Light
Putnam
State
N
1st mtge 2%s_1975
1st
gtd 4s—1993
cons
Steam
Y
Elec
Gas
&
23As
1977
Corp. 1st 3 Vis
1963
IN Y Susquehanha & Western RR—
§ 1st refunding 5s
1937
§A2d gold 4Vis
1937
§ A General gold 5s
?ATerminal
N
Y
1st
West
&
Niagara Falls
Power
1st
4Vis
3 Vis
99%
58
•
66
99
_
.*32%
J-J
42
104%
16"
_
*
105
107
.
.
.'29%
.
J-J
.
43
"9%
'
•
.
,
99 V'B
J-J
99%
25"
97/b
99 %'
.76.'
9
9
Gen mtge 5s conv inc
2014
Norfolk & Western Ry 1st
gold 4s_1996
North Central gen & ref 5s
1974
~9
16
108'/s 108%
A-O
3
;
99%
54
93
16
99%
103 "2
77
103% .103%
.
!■'
90
*82
99%
5%
34*'
F-A
Quaker Oats 2%s deb_
•14
99% 104%
59
--
7/s.
\
If-#
17%
83%'
92
'<99%
101%
9
20%
O -3
Reading Co 1st 8c ret 3%S aer D—1999
Revere Copper & Brass 3%8
I960
Rochester Gas & Elec Coip—
Gen mtge 4%s series D
1977
Gen mtge 3%s series H
1967
Gen
mtge
3Vis
Gen
mtge
3%s series
series I
ISARutland RR
*102
M-#
92%
99 "a
*128
102
MS
-'108%
1934
MS
56%
1949
J-J
*8
1941
J-J
110
108%
110
M-S
___1969
105
108
103%
M-#
1967
J_
t§AR I Ark & Louis 1st 4%s
IA Rut-Canadian 4s stpd
4Vis stamped
109
92%
Jf-N
9%
58
17
9%
CO'a
41
8
9%
2
13%
8
15%
Southern. Ry Co—
A
Gen
3
105%'105%
J -J
1966
Norfolk
8
3
*__
JK-N
1946
66
47/a
*63
A-O
F-A
1982
D
ser
Bost
977/a
9%
99 %
Jf-8
J-J
1943
5s
'
J-D
1940
gold
Telephone 23/4s
I§AN Y
-
83/a
4%
M-a
June 1992
4s.:
Power
Y
N Y
Af-N.
1954
:
Y. Ont
General
8i
ref
4Vis
series A
1974
39
40
8
128
39 la
A-O
128
8
M-5
If-#
33%
48%
124
—
127
136%
126%
122%
126%
128
12#
Saguenay Power
St Lawr
2d
Northern Pacific Railway—
Prior lien 4s
4s
1997
registered
General
3s
lien
1997
3s
Ref
&
Ref
8i
Ref
8c
Coll
trust
2047
lMinn» 1st mtge
1st mtge 2%s
(Wise)
1st mtge
109%
J-J
2047
J-J
If-#
64
66
92
92
1975
Power
113%
93 Vi
22
90%
101
96 Vi
J-J
__2047
101
63
Q-A
4 Vis
102%
66
63
Q-F
2047
lmpt 4 %s series A
impt 5s scries C
impt 5s series D
Northern States
102
Q-J
Jan 1 2047
registered
17
99
102%
Q-J
96 Vi
1
92%
96%
97
99
99
5
99%
60%
61
72%
6
94
99
103 %
iota
98 %
98%
A-O
98 %
99
1977
-
F-A
1978
2%s
A-O
96%
5t
98%
5
98
104 %
20
98%
987/a
101%
bond
4s
bond
1959
J-J
§ A Short Line
81%
105 %
90
92
88
109
100 Vi
97
*99
May
1989
ctfs
RR
98%
99%
81 %
J-J
2022
A
*98
92%
80
80
81%
121
791'2
48%
48 V'z
49 %
236
37%
57 Va
102% 1025/a
7
100%
104%
Ry—
certificates
inc
A-O
Nov 1989
a Gen & ref
gold 5s series A
1990
St Paul & Duluth 1st cons gold 4s_196#
ISt Paul 81 Kansas City—
104 Va
1
4s
a 2d
M-J
J-J
1997
ser
Louis-Southwestern
1st
103%
67
1971
1998
lgge
1st mtge 4s ser A
A 2nd mtge inc 4%s
76%
Co—
A
ser
1st gold 5s
St L Rocky Mt & P 5s stpd
St Louis-San Francisco Ry Co—
104
41
%
3s
& Adir
gold 6s
gtd 4%s
M-N
102%
J-J
*88
J-J
93%
J-D
92%
*__
83
87%
93%
53
111
90
78
105
—
—
1941
F-A
45%
15
Depot 3%s B
1971
A-O
105% 105%
10
105%
106'a
V & N E 1st gtd 4S_
Seaboard Air Line RR Co—
2Vis
-1989
M-N
127
3
126 Va
130%
St
Paul
Union
Scioto
1st mtge 4s ser A
1998
A Gen mtge 4%s ser A
2016
Seagram (Jos E) 8c Sons 2%s debs_1960
lOgdensburg Sc Lake Champlain Ry—
A 1st
Ohio
guaranteed
Edison
1st
1st
4s
1948
J-J
1974
m -a
1975
A-O
1975
F-A
A—1960
A-O
mtge 3s
mtge 2%s
Gas &
Oklahoma
Electric
Oregon-Washington
23As
RR 3s
ser
10%
10
102
102
11%
55
102
12
97%
97%
3
96 %
96%
96%
12
103% 104
19
10
101%
19
107%
96%
103 %
96
103
103%
J-J
Shell
o
1971
l-O
1941
45%
F-A
Union Oil
2 Vis
debs
127
47
31
99%
101%
63 %
64%
76
58 %
76%
95%
100%
J-J
96
12
94%
98
95%
96%
72
951
99 %
100% 101
64
J-D
95%
!§ASilesian-Am Corp coll tr 7s
Skelly OH 2%s debs
1969
J-J
99%
99% 100%
18
Socony-Vacuum Oil 2Vis
Nor Ala RR gtd 5s
1976
J-D
95%
95%
61
1963
A-O
South 8c
32%
*39'/«
93
40
55
96%
a
9913
95%
103%
100%
126
126
101
109%
106%
Southern Bell Tel 8c Tel Co—
debentures
3s
1979
23/4S
debentures
1989
2%s
debentures
1987
Southern
1st
&
ref
3 lis
series
I
1968
1st 4r
ref
3s
series
J
1970
1st
&
ref
J-D
108% 108%
J-D
3s
series
K
1971
series
L
1974
102% 103
108%
20
102%
109%
Gold
33
101%
109
San Fr Term
101 %
102%
23
101%
109%
101% 102%
7
101%
ref
3s
series
M
1979
J-D
101 %
1st
&
ref
3s
series
N
1977
J-D
1st
101 %
81
ref
23/4s
series
P
1981
J-D
1985
J-D
Tel
8c
Tel
23/4s
debs
Paterson &
1986
_
f
s
1955
cons
*97
95 %
95 %
A-O
98%
40
101%
J-J
5s_1949
95 %
6
98%
1
i960
*104
Jf-8
A-O
inc debs
conv
Pennsylvania
Gtd
4s
--
*103%
Southern
Pennsylvania
Pennsylvania
1st
3s
E
trust
Glass
1st
95
104%
1st mtge 2%s
&
1952
f
43
43
Jf-N
I960
3Vis__
Light
--
44
27
J-D
22
102'/a 103%
Southern
4s
1973
A-O
1965
debentures
gold
sterl
Cons
4s
98%
106%
General
5s
A-O
General
4l'4s
Gen
mtge
Conv
Peoria
A
&
44%
&
Bait
100%
100% 100%
100
—
51
100
5
General
&
ref
ref
&
ref
ext
RR
M-N
2%s
j1981
4s_ZIZZ_1937
1964
Erie 27/8s__1990
Louis Ry—
J-D
F-A
For
footnotes
&
New
1
121
109
108 3
103
105%
98
98 Va
3
98
104%
65
102% 103
95
95%
*100
95
100
S*M
451
11
35
4
117
a
56 Va
102%
106 ''a
95
99%
103 %
101
103%
100
100
103%
70
59
75%
12%
39
106
HOO £
106 Vt
ref M 3%s ser B
ref M
Texas
&
Gen &
1st
Term
1990
gold 5s
of
RR
105%
1974
130
126%
105
108%
Tri-Continental
100%
17
100%
8
100 Vi
95%
__
*._
97%
129
101
106%
97%
96
5
95%
104%
98
96
107'%
103%
921
•.
130 V
1
136 %
t
39
97%
100%
105
101'/a
J-D
101% 102
10
101'a
J-J
84
82
84%
81
A-O
57'A
53%
57%
738
99%
99%
Jf-8
105 %
8
100% 100%
12%
10%
101
J-D
_
105%
100% 100%
101%
120
1
37
99
"A
137%
105
104
105%
*—
39
101
100% 101%
12%
105%
Pacific—
Ave Ry
120
105V2 106Vz
100%
105
J-D
J-J
123%
'100
100%
105
96
A-O
1989
Orl 3%s
New
1
120
101% 101%
Jf-N
2000
ref M 3%s ser E
Pacific-Missouri
Texas
105
3%s ser C
Pacific
120
A-O
RR—
1st &
118%
12%
11
101%
10
6
55
100
9
8
101
99
14%
11%
104%
100%
F-A
'
'106
102% 102%
102%
F-A
*--
113
Jf-N
106
108
F-A
1964
102%
106
110
107
115%
113
113
121%
114
118
Corp 2%s debs—1961
J-D
Jf-8
*103%
98
mm
4
_
_
*"
""
79%
41
100%
70
96
100 V2
104
105%
98
102
U
Union
1st
Electric
mtge 8c
Union
Oil
2%s
of
1971
tr 2%s
1979
deb
1967
J-J
1970
J-D
1976
coll
F-A
1991
110
Jf-N
A-O
of Mo
Co
Calif
3s
3%s
debentures
*100 Vb
102 Va
99%
—
110
99%
24
10
109%
112%
100
1
--
102% 102%
104'A
102
105%
99%
104%
100%
10G%
Union Pacific RR—
debentures
2%s
1963
Ref mtge
United
U
S
2%s series C
Biscuit 2%s debs
Rubber
2%s
debs
*101% 102
Jf-8
91
1966
A-O
i—4 0 0
1976
1967
1959
Jf-N
W»mm
91
-CO
93%
14
100% 100%
*__
94'/a
5
..
-
91
98 3
4
99%
103%
93%
100%
119 V»
1970
J-D
101%
101 Vi 102%
69
1975
101%
A-O
102
102
14
A-O
101%
2%s
debentures
Universal
Pictures
3%s debs
A-O
98 Va
Jf-S
125%
ZZZZZZl975
M
98'/a
5
98 %
100 Va
98%
99 Va
3
98%
102%
127 Vi
90
102 %
90
1
87
103%
M-N
*102% 104
J-J
J-D
103% 103%
*102% 105
1959
J-D
1958
J-D
*74
*75%
*103% 104%
102%
36
104
100%
104
102%
105%
102%
105%
75
81
73
73
J-D
*101% 102%
F-A
101%
103
*115
Zl974
115
J-D
117
*115
1977
29.
g 4s series A—1959
series B
1957
cons
Virginia Electric & Power Co—
1st & ref mtge 2%s ser E
1975
Va Iron Coal & Coke 1st gold 5s__1949
Va & Southwest 1st gtd 5s
2003
1st
cons
5s
J-D
*118%
80
F-A
—
*105
__
108
109 VB
Jf-N
Jf-S
99% 100%
Jf-S
1958
*109% 111
A-O
1999
7
Jf-N
98
100
98
99% 100'A
—
—
1
27
99%
104%
98%
*99% 100
J-J
100'A
107%
111
98
106
99%
106%
92
1962
page
4s
91%
A-O
A-O
1948
D
f
91%
80
1959
C
s
Virginian Ry 3s ser B
82
i960
B
iyj
Vandalla RR
Cons
1950
4 Vis
A
see
—
E
mtge
series
ser C
imp 2%s series D
121 %
1965
series
Ref &
*-_
__
Zl960
mtge 4lis series B
mtge 4lis series C
5s
Ref & imp M 4s
*—
—
M-N
J-J
Youngstown & Ashtabula Ry
4,/o?
5
A
ser
series
4
_
107%
I
series
series
116%
1
*49 %
F-A
1st ref 4s
1960
AAdJ income 5s
Jan 1960
Tol & Ohio Cent ref & lmpt 3%S—1960
Trenton Gas & Elec 1st gold 5s—1949
*—
mtge 4 Vis series A
gen
Orleans
J-D
Pittsburgh Si West Virginia Ry
sen
Texas
101
Jf-N
debentures
W
103%
77
1949
1957
1st mtge 4Vis series B
1st
99%
1953
Pittsb Coke & Chem 1st
mtge 3 Vis 1964
Pittsbuigh Consolidation Coal— "
5s
deb
100% ll)l",4
10%
debs
G
mtge
gen
100%
J-D
mtge 5s series B
1st
93
Texas Corp 3s
1st &
Jf-8
J-J
Gen
4s
118%
*106% 106 Vz
F-A
Gen
gen
94
17%
J-J
mtge
1st
24
60'/a
1977
gtd 4 lis series J
Pgh Cine Chicago & St Louis RR
1st
94 Va
Third
Cons
1st
103 %
103
Terminal RR Assn of St Louis—
125%
17%
1980
118%
118 Va
60 Va
A-O
1974
Gen
96%
78%
1961
Cons gtd 4s series H
Cons gtd 4%s series
89
93%
99%
C
gtd
Pitts
123
91
10
104
102%
77 VB
Apr
gtd 3lis series E
gtd 4s series F
1st
114 %
57
3
A-O
10142
90
99%
1974
1st
1971
debs
60
77%
4'/4s
Co—
Cons
Pittsburgh Steel
2%s debs—1966
57
103 Va
Jf-N
(NJ)
94%
99%
1967
3%s
of
Oil
deb 2%s
%
89%
94%
108% 108%
_
Apr
Oil
Calif
94
104%
94
87
86%
98
Standard
94
F-A
tr
series
104
91%
111% 111%
ASpokane Internet ,1st gold 4%s__2013
93%
93 %
J-J
1974
1
Cons
3%s
102'/a 103%
8
Co-
B
Pittsburg Bessemer & L
Pgh Cine Chicago & St
5s
93 Va
A-O
I960
2Vis
4s
97%
1985
1st & ref 2%s
t§ A Philippine Ry 1st s f
ACertificates of deposit
Cons
98 %
100
103
_
A-O
1970
J-J
83Va
103
J-J
J-J
102 V8
A-O
E
1971
Phillips Petroleum
A-O
J-J
2019
1989
1969
J-D
1981
1984
D
234s
1st
116% 116%
1996
1951
& gen 6Vis series A
Memphis Div 1st gold 5s
Louis Div 1st gold 4s
J-J
1968
83%
100
102%
103%
2%s
&
116%
J-J
98 Va
A
Electric
1st
1st
3
8
94%
93
1973
J-D
97
90%
122%
F
coll
87
83
if
...
104
1966
1965
8
82%
«...
93 V*
Swift
101%
4Vis series
Co
66
104 Va
Sunray Oil Corp 2%s debs
110
Union
General gold
Philadelphia
Philadelphia
99
91%
A-O
series A
105
8
10112
1952
series
gold 5s
J-J
106 %
7
Apr 1990
5s
91 %
100% 101
87
J-J
1961
6s series A
Co 2%s
93
90%
91
J-J
8c
81
90%
91%
100%
J-J
1996
100
10132
ser
4s
1986
100 %
111% 112%
B
& Wash
104 Va
101% 10142
Ry 5'is
Pere Marquette Ry 3%s ser D
Phila
108
Jf-N
4s
Pekin
102%
102%
t
F-A
series
Eastern
Income
Peoria
Jf-N
St
67
Jf-N
series
3l8s
41
1948
3%s
mtge
Jf-N
J-D
A-O
cons
4s
gen
104%
103%
82%
100% 100%
1956
1956
& gen
1950
series
4%s
deb
Gen
1948
stries
100%
1956
&
Devel
4lis
fund
4Vis
General
ir-0
1994
Devel
95
99
Co—
ser G
1st
Ry
104
106%
dollar
stamped
sinking
82%
Standard
*43
--
Pennsylvania RR—
Consol
RR
mtge 2%s ser E
mtge 2%s series F
104%
Co—
mtge 3s
s
mtg.3%s serA_1979
Southwestern Bell Tel 2%s debs—1989
ctfs
Sand
Power
Pacific
1st
104
—
Co—
series
1969
104
Pennsylvania-Central Airlines—
A3 Vis
1977
1981
1st
109%
J-J
95%
98%
95
Co—
4 Vis
96
9r %
102 % 102%
F-A
Devel
gold 4%s
Passaic G & E
1994
Gold 4%s
102% 103
ref
81
debentures
Paducah 81 111 1st
Ry 2%s
(Oregon Lines) A
101% 102%
81
1st
27/as
Pacific
1st 4%s
109
102 :,4
J-D
1st
Pacific
108%
102%
J-D
3s
2
Indiana
Southern
Pacific Gas & Electric Co—
J-J
J-J
__
W
Wabash RR Co—
Gen mtge 4s inc ser A
Jan 1981
Apr
Gen mtge inc 4%s ser B
1st mtge 3%s ser B
Jan 1991
Apr
Apr
1971
81%
78%
—
*92
81%
80%
96
14
28
—
80
94
78%
92%
95 Va
102%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4645
Volume 166
NEW
YORK
RANGE
BONDS
Interest
Last
New York Stock Exchange
Period
Sale Price
ENDING
RECORD
NOVEMBER
7
January 1
No.
Low
Friday
Range Since
Sold
High
BONDS
New York Stock
Exchange
M-N
98
100%
Wilson & Co
JH-N
debentures 3%s_1976
94
94
94
100
Winston-Salem S B 1st 4s
^Wisconsin Central Ry
§ A 1st general 4s
106'/a 106'/a
5
1
53'A
F-A
*98 '/a
J-D
107%
105%
1
53 %
100'A 100'A
A-O
F-A
Q-M
60
1st mortgage 3s
1958
113%
Wisconsin
99
103
J-D
106
106 Va
10
105%
107%
West Penn Power 3%s series I
1966
J-J
108
108'A
33
106%
1952
A-O
100 '/a 101'A
24
100%
3
101%
Sold
No.
103 % 103'A
Range Sine©
January 1
Low
8
High
102 %
J-J
67%
65%
67 %
43
Jf-N
20%
20%
21
10
105%
116%
*115
118%
60
82%
66
*
753/a
15%
247/«
19 %
18
1976
J-D
*97% 100
1971
J-J
103 % 104 %
21
U73/4
102
106%
101% 101%
A-O
J-J
109%
Western
Bonds
High
1949
109%
101%
Range
Friday's
or
Bid & Asked
1936
*
~7
1093A 110
Sale Price
1960
A Certificates of
deposit
§ASu & Du div & term 1st 4s
A Certificates
of deposit
Wisconsin Electric Power 2%s
50
100'A
102%
Last
Period
Low
98
Ward
Baking Co—
5%s debs (subordinated)1970
Warren RR 1st ref gtd gold 3%s__2000
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge 3%s
1967
Week's
Interest
High
97'/a
(Hiram) G & W 2%s debs.1966
conv
Bonds
Friday's
or
Bid & Asked
Low
Walworth Co
BOND
Week's Range
Friday
Walker
WEEK
FOR
(1913)
106
Maryland 1st 4s
Pacific 4%s inc
Western
A___2014
ser
100'/a
May
Public
Service
3'As
103 %
109 %
Western Union Telegraph Co—
Funding & real estate 4Vis
25-year gold 5s
5s
Westlnghouse El & Mfg 2'As
2%s
West
Shore
1st
4s
ref
series
23/4s
M
98
72
93'/a
94
41
76%
89%
90
47
75
93%
102'A
J-J
M-S
M-S
103
99 Va
103
63 Va
13
61
60 Va
99'%
62
62
61 Va
37
—
*98%
M-S
J-J
98
98
76%
57
72%
106 %
102%
99
98
1976
J-J
97
97
97
101%
97
a Deferred
delivery sale not Included In the year's range
d
included in the year's range,
n Under-the-rule sale
not Includedinthe vear'a
not included in the year's range.
*
ndd
rlnae
int
r
the
^Companies Act, or securities assumed
reported as being in bankruptcy,
Bankruptcy
101%
receivership,
by such companies
A^ndsSsemngaflat.aSke<i
or
not
a&le
Cash sale
yEr-coupon.
"^nmea ln tlle year 8 range. rcasn
§Negotiability impaired by maturity.
tThe price represented is the dollar nuotation ner
pound unit of bonds. Accrued interest payable at the
exchange rate of S4 8484
106
99 %
25
98%
*98
55%
104%
100
*104'A
J-D
1970
1967
100%
5
99 Va
Jf-N
A—-1992
9
102'A 102 Va
M-S
Wheeling Steel 3'As series C
1st mtge 3'As ser D
Yonkers Elec Lt & Power 2%s
95%
89%
2361
2361
1949
guaranteed
Registered
&
96
93'/a
1951
Wheeling & Lake Erie RR 4s
Gen
97%
J-J
1971
debentures
98
79%
M-N
M-S
1950
-1951
I960
—
30-year
saie
200"
reorganized under Section 77 of
««««
n° ^ bei"g transacted dur,n6
current week.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
and
the
in
delivery sales
deferred
week
which
in
they
are
AND
YEARLY
RECORD
disregarded in the week's range unles.s they are the only transactions of the week, and when selling outside the
regular weekly range
account is taken of such sales in computing the range for the year.
No
occur.
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,
Nov. 1, and ending the present Friday, Nov. 7.
It is compiled from the 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 cur rent year.
RANGE
Week's
Friday
York
Curb
Exchange
Range
Acme
Shares
LOW
Acme
Wire Co
3%
warrants
Aluminum
Alloys
common
4%
10
Inc
Aeronautical Products Inc
l
Aero
1
Supply Mfg
capital stock—
Agnew Surpass Shoe Stores
5
Friday
Low
5%
100
900
10
3
5%
4% Aug
123/4
Feb
34
Oct
23
Jan
Oct
Barlow
Sep
37/e
Feb
2
2%
300
2%
Convertible
Aireon
60c
1
2
preferred
Mfg Corp
10
2
1%
2 Va
4%
43a
100
6%
6 3/4
700
__
50
85%
85
86
99
99
99 Va
Power
4.20%
Airlines
Inc.:
1
Alles &
Fisher
common
Allied
Investing Corp
Products
Altorfer
Aluminum
$3.75
(Mich)
Co
Bros
•
common
preferred
Aluminium
•
American
Ltd
common
Bantam
Car
Co
American
Beverage
American
Book Co
American
5%
Jan
Bell
of
9
Jan
Benrus
Watch
Benson
&
Oct
Mar
6% Aug
ll7/s
Jan
Bickford's
Aug
97 %
250
22 3
600
3,100
171%
300
2%
2,700
2%
2%
Class
I
100
A
Class
called
25
Class B
500
American
Gas & Electric
100
General
convertible
convertible
American
Hard
Laundry Mach
American Light & Trac common
6%
20
25
preferred
-
25
common
American Maracaibo Co
American
Metal
Products
American
Meter
American
Potash
Class
1
Co
class
A
B
American
io
American
Amer
Seal-Kap common
Superpower Corp com
preferred
2
10c
$6 series
♦
American Thread 5% preferred
American Writing Paper common
Anchor
Post
Products
Amer
dep rets
ord
,Aro
Gas common
A
non-voting
preferred
Power
&
Light $7 pfd
Equipment Corp
Ashland
Oil
&
80
Jan
Blum
5
dep rets reg
Laundries
Associated
Tel &
of
16 34
9534
Nov
Feb
Blumenthal
19
Apr
22 %
Oct
Bohack
Jan
32'%
Sep
7%
161% May
1953/4
Feb
Borne,
5
Feb
Brazilian
2 %
May
105
%
Jan
50
America
Feb
British
Amer
dep rets ord bearer
£1
May
Amer
dep rets ord
49
Jan
British
Sep
51
Jan
Jan
21%
Oct
Amer dep rets ord reg
British Columbia Power class A...
29% May
373/4
Feb
Collieries
35
18%
3%
Sep
1%
14,800
1
Apr
57'%
450
42
May
Silk
433%
Feb
Burma
Jan
Burry
Biscuit
6'%
Feb
Butler
(P H)
l3/4
Corp
47/8
Aug
5%
7%
Jan
10%
Oct
May
9'%
Jan
10'/4
700
10
5%
Apr
Jan
800
3 % May
7%
108'%
Jan
Oct
4% May
3'% May
5'%
1,300
5%
5%
5'%
4,700
10%
10%
11%
700
10%
111% 111%
20
1103/a
2.50
12%
12%
14'%
900
14%
14
14%
3,400
33/4 May
Jan
Jun
9% May
10%
9
300
•
7'%
Jan
24
Jan
July
5%
Feb
113/a
Oct
114% Mar
8'%
Feb
6% July
6% July
11% July
114
Mar
14%
Feb
14%
Oct
Sep
Va May
11% May
1% Jan
4%
1,000
53 %
53 %
50
5%
5%
4,200
—
Jan
5%
Aug
11% July
9% Feb
Apr
63
July
3% May
24% May
7
Feb
50
dep
Cable
Electric
Calamba
Callite
Electric
Camden
Fire
Rights
page
33.
Canada
Bread
Co
Ltd
6%%
preference
Canadian
Canners
Convertible
Ap'r
15
55
Jan
May
132
Apr
37
Feb
373/4 May
Feb
20
Jan
5%
Oct
Jun
26'%
Jan
May
14 3A July
10 Va
Jan
4
Feb
36
Feb
Oct
25
Jan
200
12
Oct
21%
Jan
12%
Oct
20%
Feb
4%
Feb
19%
20O
8%
600
42
2'%
Oct
Oct
27'% Mar
13/a May
600
2%
300
2% Mar
15 % May
5% May
233A July
9
Feb
32
Jun
47
Jan
Feb
26%
Feb
10'%
Jun
123/4
Feb
1,600
18%
20O
15 'A May
19% Mar
14%
14%
100
10% May
16
Oct
3,4
Canadian
Industrial
34
Nov
1
% Mar
3'%
Oct
7
Feb
--
13
13
100
12'A May
13% Aug
4%
Apr
Jan
8
Mar
73/4 May
10
J an
6%
x7%
x7%
3%
3 Va
3%
800
18Va
18%
18%
1,400
'1,600
8
2 3/4
18
May
Nov
A
2,700
%
33/8 Mar
53/4
Feb
23'% Mar
%
°ct
•
20
Jan
Oct
26
20
Jan
18
25
May
May
26
18
Nov
18
Nov
22
18
May
22
May
Alcohol—
voting
*
9 % May
15%
Jan
non-voting
*
9 Va May
15
Jan
Nov
165
l3/a May
Sep
3
Jan
45
Mar
7%
Industries
Ltd—
preferred
100
Canadian Marconi
1
Capital City Products
150
•
Carey
Baxter & Kennedy
Carman
&
Co
Carnation Co
new
Inc
common
73
Oct
Casco Products common
Feb
Carreras
Amer
Power
&
Light $5 pfd
Biscuit
*
1
Co
1%
150
150
1%
1%
38
8%
1
2.50
*
common
Carter
Carr-Consol
6%
__
114
7%
6%
51
114
7%
10
800
25
500
600
60
38
9
7Va
52
114%
75
8%
5,900
150
33'%
Jun
10%
Feb
7%
Oct
6%
Jan
6 %
Oct
43%
Jan
52
Oct
Nov
119
July
Oct
20
Jan
114
7%
Ltd—
dep rets B ord
(J W)
(A M)
2s 6d
Co common.
10
Corp of America
Maine
Power
1
--
36
H
36
11
--
Apr
11
Mar
May
9
4
100
1,500
30
100
Products
Light 4%
Central & South
West
Corp
1
43'%
Feb
17%
Feb
Oct
96%
pfd
100
*
85
—
19%
--
18%
,
20%
,7,-
1,100
15 Va May
95%
—
9%
—
9%
--
9%
--
H.bQO
Jan
May
9% May
Co—
preferred
Central Ohio Steel
--
11
3
Apr
6
lni
—
—
—
Sep
9
..
1
*
& Co
Central
Jan
Jun
2% July
A
Carolina
Oct
3%
£l
1
B
Feb
42%
5,300
2,400
Class
Jan
61
8
Class
9
7'A
7
3%
*
Feb
Nov
22
Jan
18
•
Jan
39%
6 %
18 Va
20
Ltd
preferred
16
160
Feb
Jan
*
Ltd common
27
39%
May
14 3/a
200
5
5% May
39%
10
Jun
Jan
Jan
11%
__
Canada Cement Co
3.50%
39%
200
1
Insurance
Central Power &
30
see
8%
1
Power
Corp
Catalin
preferred
7%
4
11%
3%
i
w
37
B
For footnotes
113/4
22%
50c
pfd
Sugar Estate
Tungsten
Castle
7%
113/4
May
25
11'A
3 Va
common
Products
10 Va May
24% Jan
37% May
19%
_
14%
25c
dep rets 5%
100
1,400
7'A May
6% May
3
& Wireless—
American
200
54%
_
734
1
7
53%
24% Mar
22%
%
common
31%
54%
Oct
Nov
1,200
__
234
rets
Corp
100
Feb
__
.12 %c
Amer
1,000
5
•
Jan
15'%
11 Va
900
5%
13%
1
5%
Nov
13
2.50
_
Co
32 %
5%
13
41%
*
5%
Baldwin Locomotive—
2%
33
5
..
..
31%
l
Babcock & Wilcox Co
Sep
Feb
Canadian
26%
Jun
1
Feb
California
7
35'%
Jan
63
600
16%
25%
Feb
May
Jan
12aa
19
1
__
Ltd
Ring
23%
1,500
6
Mills
Piston
Cables
25%
23
Jan
*
18 3 a
32
Oct
Apr
17%
*
1
common
3434
6
11
22%
__
common
18%
5%
Feb
Nov
9%
Nov
--
19
10c
Distillers
Co
3434
•
Corp
Forman
Rubber Co
(EL)
Burd
29% May
16 3/4 May
83„
_
Feb
2% May
•
25
July
__
43
%
180%
Nov
*
Class B_
May
5%
Jan
Oct
136
Celanese Ltd—
32
*
Jan
33/4
r
reg
25
•
83/a Mar
23
Jan
35
l
& Sons common
3%
35
5%
May
1'% July
17
__
*
Bunker Hill & Sullivan.
~5
Voting Machine
113
Apr
10934 109%
5%
£1
Apr
23/8 May
42% Sep
American
Sep
5 %
Jun
16
Tobacco—
Jan
Sep
Bruce
6 Va
Feb
13%
•
48 3%
6
m\
Feb
Jun
11%
•
Co
Jan
i
7 %
20%
21%
11'
•
common
35
10
Jan
5'A May
9'% May
30
100
23
May
Co
100
10%
28
•
A
Brown
__
27
1,500
43%
17
Mfg
Class
48
100
19%
116
13%
Oil
Brillo
Brown
__
500
173.,
British-American
48
__
11%
13%
Oct
Buckeye Pipe Line
—
25
17
Jan
Bruck
7%
900
3,700
17
Jan
Jan
5
9%
8 Va
3%
200
13/4
17'%
300
9%
3 (a
100
7%
32 % July
4
100
10%
52%
Oct
1
18%
44 Va
Oct
24%
300
36,100
10
4% May
% Nov
Nov
Jun
1,900
1 V'a
44%
52%
Oct
9,800
1
10%
l
Feb
4
2,800
1
common
4%
543i
10
*
Aeronautical
25%
1
Oct
May
31
9%
8%
%
•
Light & Power
Jan
50
preferred
Corp
9%
~3
25
15
4
180
•
Co
100
54%
137% 142
100
Mar
14%
3%
100
•
common
Bridgeport Gas Light Co
Bridgeport Oil Co
16%
300
i
Co
24
3%
100
2
18 %
A.1
common
Traction
Brewster
28%
6%
Automatic Products.
Breeze
100
6 %
Atlantic Coast Line Co
A
May
600
£i
Tel class
3a4 Mar
90
3,100
700
fi>, Atlas Corp warrants
|| Atlas Plywood Corp
Ayrshire
Nov
&
Co
Scrymser
Bourjois Inc
4
734
i,?
(B F)
2
70
(S)
(H C)
24
3%
1%
1
1st preferred
16%
7 "4
1
6%
30 3
a
16%
10%
Atlantic Coast Fisheries
Avery
17%
301
9%
I
Ridge Corp common
(Philip) & Co Inc
18
Industries—
Associated
Automatic
50
l
Refining Co
Associated Electric
American
32 %
.4%
*
1
13%
10
1
Common..
43%
3234
17
Inc
% May
10
Common class
Arkansas
50
__
5
l
Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Argus Inc
:
Natural
42 %
__
£1
reg
Apex-Elec
6%
2,500
5
,_l
Angostura-Wupperman
Arkansas
2 3'4
Is
2
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
20,600
__
*
•
Republics
112
17%
__
1
48
Oct
110%
16%
Furniture
Blue
225
•
Chem
&
7,800
34
2 "2
_
Gay
Feb
36%
2
Co
100
42 %
J
&
Feb
200
>
Berkey
•
23
10.800
112
21
Jan
preferred
25
19
25
Mfg Co
7
50
*
Jan
38
25
American
American
112
9%
Jan
x36 %
1
Co
a
"4
l
preferred
Rubber
61
400
6%
16
137%
15
18%
X36%
10c
Corp common
preferred
52%
6%
14%
2
1
common
Apr
3% May
6
2
100
Inc
Feb
11
July
16
17 %
1
Birdsboro Steel Fdry A Mach Co com.*
Blauner's common
3
52%
6%
*
preferred
American
$2.50
52%
1«
10
--
—
__
i
American & Foreign Power warrants
American Fork & Hoe common
$2
—
25
A
4%%
2
--
Co
63a
13
Jun
22
168
10,600
14
1
Canada
Convertible
5'/4
50
4
6%
1
common
common
Hedges
108
Cities Power & Light—
common
Tel
May
4%
19
5%
High
9% May
8
—
__
1
common
Shoe Corp
(A S)
o'N°v
59
2%
Aircraft
7
5%
1
Ties
Beck
Bellanca
3
...
1
Beau-Brummel
Feb
Jan
Low
—
5
& Co
Feb
99
954
168
Feb
75
56%
22%
123/4
(L)
700
4
•
•
Bauman
41/4
A common
Inc
13
19
100
Aluminum Goods Mfg
Aluminum Industries common
Feb
92
__
57%
4%
Sep
15
38
1
Refractories
Jun
___
19
3 %
Corp
Range Since January l
High
Seelig Mfg—
81
__
*
America
cumulative
3%
__
1
5
common
common
of
Co
100
1,600
July
1% Sep
&
50
1
Allied Internat
pfd
Oct
31
6%
Alaska
10% May
7% Jun
3
__
3
Appliance
Alabama Great Southern
Alabama
300
__
__
50c
common
Electric
14
10
convertible preferred.
Air-Way
13%
—
shares
Steel
$1.20 convertible
Basic
14
Shares
Low
l
__
3%
800
2 %
—
American
Aug
3%
Sales
for Week
de los Andes—
Banco
Barium
6% May
Range
of Prices
Par
Baldwin Rubber Co common
Feb
400
33a
_
Jan
113%
7%
Exchange
High
May
7%
Curb
Week's
Last
Sale Price
STOCKS—
•
Ainsworth Mfg common
Air Associates Inc (N J)
Air Investors common
.
3%
32
32
7'.a
1
7
York
New
Range Since January l
High
3%
5
1
Adam Hat Stores
NOVEMBER
for Week
of Prices
Par
ACF-Brill Motors
ENDING
Sales
Last
Sale Price
STOCKS—
New
WEEK
FOR
Oct
8 3A May
Feb
21'A July
102
11%
Jan
Feb
30
(1914)
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
RANGE
Friday
York
Curb
Week's
Last
Exchange
Range
of Pricea
Shares
Par
iCentral States Elec 6%
7%
preferred—100
preferred
.
Cessna
Aircraft
Co
10
4
4
100
Oct
Fedders-Quigan
July
14
Feb
Fire
19% May
27J/2
Oct
First York Corp common.
70
70
70
y4
150
70
Mar
77'/2
Jan
177/s
17%
17%
100
14
May
18%
Oct
Nov
7%
Oct
Nov
7%
Oct
11%
6%
124 »/a
7
6%
7
1
1%
123
700
125
6%
600
6%
1,700
Oct
1
93
170
May
1% Mar
Fishman
Jan
41
Oct
12%
12%
12%
600
10 y4
May
15
Feb
Class
13% May
1% Sep
2%
2Vo
21/4
7,300
1% May
12
12
X145
147
4
•
8% May
150
145
7%
7
100
9%
Jan
190
7%
66% Jan
700
6% Aug
11%
19
Jan
Feb
B
•
ordinary
Fox
400
4%
2,200
1,900
500
4% May
8
Vtc ext
5%
5%
2,300
7
Feb
35l/a
800
3% May
25% Jan
5 Va
500
35
"I7/a
4%
1
3
It?
28
1
common
77/a
•
_
32
28
3% May
20,800
100
%
7%
3
7
8
28
250
7
600
•
Consol G E L F Bait common
4%% series B preferred
•
70%
107%
Co
•
70%
300
115
115
100
C
115%
70
•
Apr
% May
107
107%
160
Jun
68% May
Oct
114%
4 %
fcoro
34%
COsden
5%
Petroleum
Franklin Simon & Co Inc
4%%
Convertible
Courtaulds
preferred.
dep
receipts
(ord
Jan
General
General Outdoor Adv
85%
Feb
7%
Jun
15
1,300
2 J/4
Oct
2%
3%
2% May
3% July
Feb
Nov
14
13%
14
500
10% May
3% Aug
19% Feb
39%
38%
39%
550
26
41%
May
3J/8
h-* °
I1
y2
10%
1,050
TJ.f
3,900
%
11%
3%
Oct
"5%
8% July
% May
1%
Jan
9% May
15%
Feb
700
2% Jun
4%
Jan
400
5%
225
4%
11%
7,500
50%
100
1%
Il25c
5%
100
3%
5%
3% May
36
Sugar
_5
preferred
ZZZZZZZIZlbO
ZZ
•
Pireproofing
General
Oct
2%
Feb
Sep
14%
Feb
6% May
10%
300
4
16
17
450
4
4,400
19%
2%
31
6
200
20
20%
♦
10
6.000
2,680
250
6
16%
.5
100
16%
200
2 50
Zl
Dennison
8%
Mfg class A
A
35
May
Oct
3% May
1% Apr
21
Apr
I8J/4 Sep
104%
Oct
Feb
6% Feb
20
6%
3%
Feb
Feb
Oct
39
Oct
26%
Jan
Oct
107
Jan
7% May
5% May
17
Jan
8
Feb
10% May
debenture
Derby Oil Co
Detroit
Steel
Devoe &
Diana
18%
Oct
12%
18
800
10 J/4
11%
11%
11%
200
Dobeckmun Co
I
A~"Z
common.
Credit Corp class
Dominion Bridge Co Ltd
Dominion Steel & Coal B_
Dominion Tar & Chem Co
150
1
2%
20
—
6%
—
Draper
Power
w
t
Ltd
12%
700
3%
4%
6,700
13%
12%
II
3,400
•
•
_
May
Apr
Sep
2% May
17% Aug
11% Sep
4% Apr
10%
12%
155
Feb
Feb
May
19%
Oct
14
Feb
3%
21
16
7%
Feb
Oct
Feb
Jan
Feb
19
11%
Nov
19%
2j/2 May
33% Jan
4%
Oct
33%
Feb
10% May
22% Oct
Feb
Feb
17%
Feb
25%
Jun
70%
70%
82%
•
85
25
1,750
%
iff
Ltd—
76% Sep
May
May
94
Feb
67
79
Jan
39
70%
To
~~~
Jan
17%
11%
3%
i_.
Texas
1,100
II %
25
_
48
Feb
Nov
106
Anr
82%
9,300
£i
iV Nov
7%
•
1
"Z
14%
"5%
400
14%
,5%
1
Sulphur
$6
1%
Oct
14%
400
Sep
12
May
4% May
11% May
10% May
18 % Feb
6%
Feb
15%
Jan
4%%
6%
prior
preferred
100
preferred
Eastern
Eastern
!~ioo
Malleable
States
•
Iron
25
I
Corp
!$7 preferred
series
A.
$6 preferred
series
•
B_
I
3%
shares of beneficial int
$5 pfd shares of
beneficial int
Easy Washing Machine
Electric Bond & Share common
Electric Power &
Light 2d pfd A
6%
Electromaster
Corp
Inc
Elliott Co common
preferred
87%
87%
150
76%
78%
775
49
55
55
100
3%
$3
convertible
Esquire
Eureka
Eureka
65
3%
preferred
Inc
Corp Ltd
Pipe Line
_
Oct
4%
Oct
150
50
May
82
Oct
225
40
May
77%
Oct
*.-•
12%
12%
100
12%
Nov
53
14%
53
54%
350
12%
Oct
1%
20
Sep
Jun
Sep
3
Mar
10%
31%
Jan
14%
Sep
38%
Feb
5
12%
Feb
1
300
16% May
29
Feb
26
11%
1,700
io
8%
1,200
3 Va
500
4%
600
24%
50
Feb
11%
Oct
Aor
19%
Feb
93
Nov
104 %
4
May
May
3% May
9%
Oct
2
37/a
Jan
6%
Jan
82%
Jan
67/a May
22
Apr
10% Aug
7%
1,700
7%
•
7 7a
100
33 %
18%
18%
100
34
200
•
97 %
97%
•
.
May
9%
9%
24
Jan
Xl03% July
18% May
89
100
3
60
98
110% 110%
—
600
14
7% July
6
10
3%
112% 112%
■
__
_
19%
100
3%
*
preferred
Gilbert
•
(AC) common
•
Preferred
89
Feb
Jan
33%
109
?5%
100
Jan
Jan
Feb
Oct
May
Feb
Oct
May
4%
Oct
Mar
99 %
Aug
325
111%
Sep
115% Mar
30
110%
Jan
110%
5,800
12%
Oct
12,000
17%
Jan
20%
54
200
20
__
•
"
22%
22%
23%
600
19 %
19%
19%
2,500
12
12%
600
14%
15%
700
4%
900
1
Globe-Union
5
14%
1
3%
Inc
(Adolf) Inc common
__
37
Gorham
Grand Rapids
__
Feb
22%
9% May
13
Oct
3% May
Jun
Oct
14% Mar
17
Jan
5%
Jan
61%
Jan
35%
Nov
Sep
104 %
Jun
% May
1%
Jan
200
25% May
100
99
%
7,700
54%
54%
10
10
10%
300
20
23 %
1,400
7%
7%
200
8%
..
•» —
1
Gray Mfg Co—
Apr
25
Jun
99
—10
Varnish
29%
Jan
16
35%
.%
%
Io%
pfd -25
conv
Sep
18%
99
...50
—
Jan
35%
IIZi
Goodman Mfg Co
Gorham Inc class
Aug
48
•
prior preferred
Feb
54%
177'8
•
•
Class B
Goldfield Consolidated MineB.
Mfg common
Graham-Paige Motors $5
b
m
Godchaux Sugars class A
22%
52% May
Jun
13%
•
"2Z50
Corp
Coal
6% Mar
4% May
13% jun
.5
8%
8%
1,200
102%
101 % 102%
100
141
140
44
Apr
7% May
47% May
9% May
7
51% Aug
15%
Jan
66
Oct
25%
Oct
9%
Feb
May
Sep
14
Feb
95% May
112
July
8
Great Atlantic & Pacific Tea—
Non-voting
7%
1st
common
preferred
Northern
Great
•
stock
:
Stores
—
__
_
ZlOO
.,25
Paper
9%
30
133 %
Jun
46%
450
39%
Jan
10
300
145
Apr
47
July
9% July
15%
Jan
70
102%
Nov
114%
Feb
13
100
9%
Oct
15%
Feb
Jan
15%
Oct
8%
Nov
9%
Nov
5% May
102
% 104
9
102 %
•
8%
Feb
12%
—
_
141
43%
46%
Products
H
Hall Lamp Co
New
5
5
common
Hamilton
Bridge Co Ltd
Hammermill
•
Paper
Electric
Hartford
9%
—
25
9%
38
10
Light
8%
300
—
57
38 %
57
58
300
40
28
55%
May
Apr
2% May
2% Oct
40
70%
5
Oct
Feb
Feb
Hartford Rayon common
1
4%
4%
4%
2,000
Harvard Brewing Co
1
2%
2%
2%
400
%
6%
100
6 V*
May
8
30O
7%
Apr
9 '/4
May
17%
Feb
Jun
131/2
Aug
Hat Corp of America B non-vot com__l
6
Hathaway Bakeries Inc—
8
Hazeltine
Hearn
1
Corp.
—
5
Dept Stores common
Mining Co
Hecla
8%
14%
9
100
.25c
13
500
8'/«
10%
11
10%
11%
600
12%
—
12%
12%
150
Sep
9
Class A
Heller Co common—
2
...
5%%
.100
4%
zz
lo %
99%
99% 100
Io%
800
Feb
25
Oct
16
13%
Jan
Jan
Feb
"9%
"'9%
700
99
Oct
107
Jan
78
60
.100
preferred w w
preferred w w_
Henry Holt <fc Co common
Hey den Chemical Common-——
Hoe
(R) & Co class A——
Hollinger Consolidated G M__
Mav
iYt May
Feb
July
14 % Mar
in
12
Rubinstein
Helena
8%
14%
4%
Oct
85
Mar
8%
Jan
15%
.—1
20%
20%
21%
900
19% May
x35%
-10
54%
53%
54%
350
49
5
9%
9 Va
9%
1,700
—1
4%
4%
5
200
28
100
—1
Mar
7% May
4% Apr
57
Feb
Feb
Aug
10%
Feb
6%
Feb
Jan
28
Nov
•
20
Jun
23
Aug
(Geo A) & Co common
Horn & Hardart Baking Co
•
•
37
Jan
44
150
Oct
181
Feb
& Hardart common
•
34% Mav
43
Feb
Holophane Co common
Border's
153%
5
•
Hurd Lock & Mfg Co.
—5
Hussman Refrigerator Co common—•
$2.25 preferred.—
...•
(Harvey) Inc..
& Refining.
stock. Warrants.;—
Huyler's common—
—1
s
1
—•
5
36%
108
112
37
38
30
75
23%
140
xlll
Nov
150
28
Apr
x68%
70%
1,900
4%
69
4%
400
55% Apr
4% Oct
12%
Oct
116% July
38%
Oct
72% Aug
9 % Feb
Sep
Aug
14%
Oct
47%
Feb
Jun
15
Feb
13
13
200
"6
13
~6%
100
8%
1,000
7% May
10%
125
37% May
2% Oct
51%
Feb
3%
Feb
100
21
May
49%
Jan
May
May
Sep
31% July
42
—
1st
preferred—
Hydro-Electric Securities...
Hygrade Food Products
153% 155
36%
100
preferred
Common
28
•
—
Inc—.
Hormel
8%
8%
46
46
28
5%
28
28
27%
27%
28%
2,300
25
56V4
56
56%
700
55
12%
12%
12%
500
12%
II
11%
1,100
10%
11
11%
200
11
11
200
Feb
Oct
13%
19%
53%
__
Glenmore Distilleries class B
$4.50
1,400
27%
19%
53%
__
Gleaner Harvester
Alden
5
4%
:
•
Co
Gladding McBean & Co
Glen
5
.,1
5
12%
~~*
100
12%
150
5%
150
5%
5%
30
700
1
47
—
2%
20
•
47
3
20%
47
101% 101%
—
1%
47
47
3
•*—
1%
i'a
Jan
Illinois Power Co common
155
7%
Sep
Feb
26 %
Oct
300
2% Aug
4%
Feb
500
15% May
43 J/4 Aug
24%
Sep
100
50
101
8%
1%
8%
10
May
2
2% May
17
——
—
5
loc
8% May
115
5
Sep
2,800
50
9%
600
3ft
2.400
—
Jun
50
111
Mar
Jan
Jan
13%
Oct
1% Aug
43% Jun
2%
Jan
53%
Jan
12
Feb
6
May
lii May
28
Feb
3%
Oct
30%
Apr
5%
•
50
;
convertible preferred
•
Illinois Zinc Co common
imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon.
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
£1
•
•
5
50
Preferred $3.50 series
Metal Industries
A
•
Feb
Apr
10"% May
10% Oct
IOV2
-£1
6 Ireland
International
0
...
Indianapolis Pwr & Light 4% pfd__100
Insurance Co of North America
10
International Cigar Machine
•
International Hydro-Electric—
Oct
64
Jan
2IV4 Mar
6%
Apr
14%
Feb
14
Feb
14%
Feb
21%
Jan
98
99%
98
Oct
111
92
93
280
85V2
Sep
100% Mar
14'%
Oct
68%
68%
900
45 %
May
—
|
{
Sep
7%
7%
__
;
Feb
Oct
12%
42% May
6% May
60%
11%
3'/a
Oct
57
76
8%
page 33.
Jan
80%
67%
—
For footnotes see
1% May
97%
65
1
common
3,300
May
35% Jan
74%
Z__ZZZIZZZZZl
_
3%
4% Jan
1
ZIIII
1
.IIIIIHl
ZZZ
lo
ZZZZZZZ50
Empire District Electric 5%
pfd
Emsco Derrick &
Equipment
Equity Corp common
23
6% May
_Ioo
pfd
Humble Oil
l
"
Option warrants
Electrographic
1,600
76%
HIII*
B
4
—
Sugar Associates-
Corn
5%
3%
87%
•
•
j
il
6%
7%
_
.
convertible
Hubbell
2% May
81
May
__
Eastern
Apr
20%. Feb
29%
24%
—10
Giant Yellowknife Gold Mines
5%
E
& Fuel Assn common
Sep
18% Aug
100
4 %
„
—1
common
Georgia Power $6 preferred$5 preferred
Horn
East Gas
16%
350
93
£1
Holly Stores Inc—
Amer dep rets ord
reg
Durham Hosiery class B
common
Duro Test Corp common.
Duval
6%
•
_
ZZZZZIZZZ
Co
Dunlop Rubber Co
300
1
__
Rights
1,000
•
Corp
Driver Harris Co
2%
20
"l
Dominion Textile Co Ltd
Duke
1,600
£i
Domestic
Jan
9%
50c
reg.
20% July
1,100
3
Oct
8
38
May
9% May
17%
class" B.ZZZZZZZZZ.*
common
38
Apr
6 Vi
II
10
8%
8
—25
common- _25c
Gulf States Utilities $4.40 pfd
100
Aug
May
0%
32
11%
~
Products
rets ord
20
17%
Distillers Co Ltd
Amer dep
200
,_i
Foundry
Corp
7%
35
Too
"I
Manufacturing
Raynolds
Stores
35
8
5
ZZ
common
Detroit Gasket &
Detroit Gray Iron
28
7%
__
—
I"™50c
common
Jan
4% Oct
15
8%
1
Gypsum Lime & Alabastine
Davidson Brothers Inc
43%
8%
10%
•
1
Plywood Corp.
Service $6 preferred..*
1
Shareholdings Corp com
Grocery
Dayton Rubber Co class
Dejay Stores common
Jan
7%
100
93
General Public
General
Gobel
Jan
3,200
10
2.5n
Davenport Hosiery Mills
500
-
1
..
Jan
1%
5%
104% 105
10
7%
37%
7%
3%
20%
105
50%
Nov
25%
6%
2%
31
14% AUg
5% Nov
4,100
2,400
16%
in
Cuban Tobacco common
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
1%
9
5%
"3%
Jan
4"% Nov
6%
5%
Jun
100
1%
••
"...
36
9
Z*
$6 preferred
Cuban Atlantic
11%
49%
1
Drug Co common
Crystal Oil Refining common
Oct
Jan
40
Feb
3% Aug
11
Feb
13%
3 %
13
1
Crown
Feb
2%
Electric Co Ltd—
Jan
6,200
*
International A
64
31%
25%
10%
—
Amer
9%
34%
4%
IHII5
1%
25
•
Mfg Co common
Alloys Co
General
110%
Apr
15
Gellman
Jan
Nov
21 %
347/8
(Md)
50
—
8%
—
2
Jan
600
4%
_
21
31
Z100
preferred
Jan
900
14%
5%
83%
400
14%
Garrett Corp common
Gatineau Power Co common.
118%
2%
35%
Btewing Co
ZZIZIZI "
Crosley Motors Inc
~
Crowley Milner & Co___II~ZZ"Z
Sep
Aug
1% May
Feb
x7% May
63 y4 May
107
.
Crown Cent Petrol
Crown Cork
8%
dep rets ord reg
General Finance Corp common
5% preferred series A__
29%
5
Croft
300
8%
31%
1
General
74
reg)__£l
Petroleum
18%
24
1
Feb
2%
29
5n
_
1,300
—
—
—50
;
Stores
Jan
72%
Ltd—
American
Creole
~j
5%
1%
—
1
preferred
conv
Franklin
Jan
2%
29
»
common
50
21
1%
1
.1.25
2
10%
72%
*
A
41
18
__
43
1,600
10
Reynolds.,!."""™"™!
$1 preferred class
Jan
5
—
General Builders Supply Corp
5% Conv preferred.
9
Mines_IIIZ__ZIIZ__5o
Inc
&
40%
(Peter) Brewing—
Gilchrist
_
14
45
Feb
36% July
5% Aug
A Jan
8%
1
com_
A Aug
Nov
34 y2
100
Consolidated Gas Utilities
1
Consolidated Mining & Smelt Ltd
5
Consolidated Royalty Oil
___10
Consolidated Steel Corp common
•
Consolidated Textile Co
I—10o
Continental Car-Na-Var
Corp
i
Continental Fdy & Machine
CoIIIIZIl
11
100
700
July
25
A
11%
7%
warrants
Service
Varnish
May
Aug
3,900
2%
Oct
Feb
7%
Compo Shoe Machinery—
Cooper Brewing Co class
Copper Range Co
13%
6%
25
1
series
Nov
5y8
1
Co
to 1956
Conn Gas & Coke Secur
$3 preferred
;
9%
7%
1
& Southern
9%
Jan
12%
40%
rets bearer—
Amer dep
Jan
6%
—
warrants
Manufacturing
9%
3%
22%
13%
Ford Motor of France—
3%
Oct
12% May
48
1
Fort Pitt Brewing Co
10% Aug
9,400
11%
~
Jan
15% Feb
Nov
2%
voting
3%
166
Oct
30%
15
2%
ClaSs A non-voting
900
4i/4
Apr
7% May
18
148
400
May
21
48
12
dep rets ord reg
Ford Motor of Canada—
Jan
Va
2
700
to $1 Stores
5c
May
2%
7,800
12%
13%
Amer
23 %
9 %
3,400
4
30%
Ford Motor Co Ltd—
12,300
16
1
High
(MH) Co—
38%
9%
Low
13
3%
_10c
div cum preferred
$2
36%
16
Range Since January
High
30
.—10
(Phila)
37 y2
100
Commodore Hotel Inc
Corroon
Corp.
Association
12%
3%
__
L.Ii
18
1
common
^Colorado Fuel & Iron
Gold
27i/4
4%
12%
•
Fuller (Geo A) Co
Development
Cornucopia
Jan
Jun
2%
Airlines
Colonial Sand & Stone Co
&
1
Engine & Airplane;
Brewing
Fansteel Metallurgical
100
1
Products Co
Paint
Falstaff
225
10
Colonial
Cook
2%
Fairchild
5
'Clayton & Lambert Mfg
Clihchfield Coal Corp
preferred
Feb
Nov
Oct
1
1
10
Clarostat Mfg Co.
Claude Neon Inc common
4%
231/2
15 '/4
Low
F
Fairchild Camera & Inst Co_
26'/a
1
Shares
Par
27
•
for Week
Jun
Jan
Sales
Range
of Prices
Jun
83
22 J/2
12
800
241/4
May
Apr
12% May
Week's
Last
Sale Price
Exchange
High
46
600
Curb
26%
•
Homes
Clark Controller Co
Community Public
37/a
15 y4
York
26
1
jCity & Suburban
Commonwealth
3%
5
Cities Service c'Ommon
City Auto Stamping
Colt's
14%
5
Chicago & &Southern Air Lines
Voting trust ctfs
Consolidated Mining
SChilds Co preferred
Colon
90
10
common
Mach
Cockshutt Plow Co
747/a
Low
11 y4 May
New
1
12
1
common
Chief
Club Alum
73
10
.fJhesebrough Mfg
■
225
100
common
Chicago Rivet &
is %
Friday
High
17
7
STOCKS—
Range Since January
10o
:Chamberlin Co of America
Charis Corp common
Cherry-Burrell
Low
17
_100
Conv pfd opt div ser
Conv pfd opt div ser 1929
Century Electric Co common
NOVEMBER
ENDING
Sales
for Week
Bale Price
STOCKS—
New
EXCHANGE
CURB
WEEK
FOR
Monday, November 10, 1947
—
70
—
25
Apr
21
Apr
Jan
71%
Oct
29
Jan
RANGE FOR
Friday
Exchange
Curb
York
New
Petroleum
Low
10
International Safety Razor B
*
International Utilities common
5
Interstate Power $7 preferred
*
Investors Royalty
1
Iron.Fireman Mfg voting trust ctfs—•
A
16%
18'
10% Sep
10% Oct
1,500
200
6,600
11%
Apr
300
2%
1%
Oct
Feb
Mountain
18%
Mountain
States Tel
9 % May
8% Nov
Xl8%
175
5%
Vb
Jan
22%
Sep
7%
1%
Jan
Inc
Feb
22%
38%
2,500
10%
10%
123/s
13'A
~33/4
"4
2,100
3%
33/4
4
1,300
2
May
8%
600
51/2
Sep
Jun
National Radiator Co
30
1
Corp
1%
pfd
16%
17%
17%
17'%
15
200
May
6 % May
8% May
__
26% Mar
26
Jan
10% July
14% Feb
Kimberly-Clark Corp—
100
preferred
Kings County Lighting 7% pfd B__ .100
5% preferred D
100
.1
King Seeley Corp
1
Kingston Products
.1
Kirby
Petroleum
__
Lake G
(D Emil)
Kleinert
(I B)
Knott Corp
Ltd:
Co
M
14%
__
.10
common.
1
_
Kobacker Stores.
_
__
Krueger Brewing Co
Feb
87%
Feb
Oct
4
300
7%
Jan
1%
3,700
1%
Jan
100
14%
Oct
69
Jan
17%
Feb
6
15
Oct
11s July
Feb
25%
17
1,500
100
26%
Aug
Sep
7% May
13% May
*
20
10%
Jan
18
Jan
100
9
May
100
13
Feb
*
200
England .Tel & Tel
100
Haven Clock & Watch Co—_—•
89%
89%
90%
& Arizona Land
Mexico
NeW
Park Mining Co
Honduras Rosario
N Y Merchandise
Lake
1
11%
11%
12 %
1
8%
7%
8%
Shore
Mines
Ltd
Lakey Foundry &,Machine
Lamson Corp of Delaware
Lane
Wells
Co
Langerdorf
Class
•
5
Ext
University
Realty common
1
preferred
Leonard
Oil
*
Development
Le Tourneau
Lit
(R G) Inc
1
Brothers
-—5
10
Corp
(Thos J)
Loblaw
preferred
Inc 6%
25
•
common
Groceterias
class
a
400
22
*
Steel
5
Chain
May
16%
Feb
Nipissing
Oct
8%
Jun
9%
15%
24%
Nov
34
Jan
21%
May
30
Jan
12%
100
Jan
Apr
Apr
23%
10
Apr
15%
2,200
57
Oct
67%
Jan
5%
1,000
3% May
6%
1-J
1%
1%
1 %
800
1% May
2%
Ada
9%
10%
400
31%
32%
550
15
15
100
31%
104
120% 121%
188 %
•
5
1
North Penn RR Co
50
Northern Indiana Pub Serv 5% pfd_100
Northern States Power class A
25
Northrop Aircraft Inc
1
Novadel-Agene Corp
*
Jan
North American Utility
Jan
Northern Central Texas Oil
Jan
Northeast
1
Mar
Jan
1%
1
2,600
1
Sep
2
2,100
16
Sep
29
17%
17%
18%
19
19
20
400
22%
__
26%
23 %
27
250
10%
900
10
__
13% May
19 % Apr
500
26%
26% Aug
«% May
Oct
a
11%
31
29
Jun
26
1
11%
11%
12%
3,700
5 %
May
12%
Oct
10
20%
20%
21
3,800
16%
Jan'
21%
Oct
Longines-Wittnauer Watch Co
Long Island Lighting Co—
1
7% May
11%
Jan
Ohio Power 4%%
1%
300
ctfs of dep
preferred A ctfs of dep
6% preferred B ctfs of dep
Louisiana Land & Exploration
Louisiana Power & Light $6 pfd
11
%
62%
62%
52 %
52
54
16%
16
7%
1
*
2
Corp
--
%
16%
--
—
17%
4,600
%
Sep
50
62%
Nov
600
__
17%
52% Nov
5,300
11%
Jan
109% May
300
Old Poindexter Distillery
Jan
Oliver
82%
Jan
Omar
16% July
US
Jan
15%
Jan
20
Sep
7
Oct
Public Service
Maine
Manati Sugar Co
Mangel Stores
Manischewitz
.10
Co__
warrants
(The B)
Communication
Marion
McAleer
5%
*
1
-
_
Memphis Natural Gas
Mfg Co
common
24 %
*
Metal
Textile
Corp_
15
25%
Jun
Pacific PubUc Service
Jan
preferred
5
Mar
10%
Oct
20V4
Feb
Pantepec Oil of Venezuela Amer
Paramount Motors Corp
Preferred
_
Parkersburg Rig & Reel
5
1
28
Patchogue Plymouth Mills
27
1,600
24
83%
Jan
7
Feb
Pennroad Corp common
3%
Jan
Penn-Dixie
6%
6%
800
1%
10,300
19
May
5% May
1
1,200
4%
5
Apr
15% May
4% Apr
4
%
49
Sep
3% May
1,200
100
3
10
B
v
t
Midland
Oil Corp
Steel
$1
May
43%
Sep
Oct
21V* July
8 % July
111% May
6% Jan
6%
50
Midvale
Co
Midwest
200
21%
100
4%
4%
Sep
1% May
700
10'A
9
May
8% May
16
2,000
Feb
3%
Apr
8
10%
*
_
common
Penn
Penn
10
__
Refineries
common.
1
Wohl Co
4% %
_50c
common
convertible
Missouri
P
&
preferred
Public
5%
L
_
Pepperell Mfg Co
Circle
Oct
Feb
3% Aug
♦
Service
common
Molybdenum Corp
Monogram Pictures common
Monroe Loan Society A
Montana
Dakota
2%
12%
Feb
Pierce Governor common
21%
Oct
Pinchin
6%
Apr
Pioneer Gold Mines Ltd
Feb
Apr
4%
Jun
Pneumatic
Jan
16%
Nov
Polaris
16%
12
Sep
July
Oct
80% Aug
33
Mountain
City Copper
footnotes
see
13 V2 May
17 V*
Jan
Powdrell
1,400
1% May
3%
Feb
Power
6% May
25
7%
31% May
1,700
6% May
102%
24
7%
33.
7%
4%
1
8
Feb
Pratt & Lambert Co
10
Jan
Prentice-Hall
106
Mar
38
Corp
5%
Feb
Providence
3%
Jan
Public Service
Jan
preferred
Puget Sound Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing
110
4%
1,300
%
2,500
%
Sep
11%
1,600
8%
Aug
U
of Nevada
Prosperity Co class B
Producers
15%
175%
11
common
Feb
300
%
11%
Inc
Metals of America
11
11%
174
Nov
31% May
.__5c
Pressed
Mar
1,200
4%
of Canada common
3
May
2% July
Apr
4,200
Nov
Jan
14
7%
Nov
Feb
101% Jun
25
104
Nov
110
104
38%
8%
1,100
30'A May
7%
1,300
5% Aug
23%
23%
500
1%
600
200
38
21
Apr
Jan
46% Feb
9 i/o Mar
31% Feb
IV* May
Jan
2%
Jan
31
Oct
38
116
Mar
371/2 Jan
8% Feb
50
110%
Oct
32
32 %
400
29%
Sep
Oct
17
100
12'A
Jun
18
Oct
12 %
13
2,100
9%
Jun
12%
Nov
10%
10%
300
9'/a
Sep
16
Feb
Jun
12%
Feb
121/2
Jan
194
41%
July
3%
Apr
Sep
5% Jan
2% Jan
11
Oct
4% %
Gas
200
35%
1,800
35%
NOV
41% Mar
32%
32%
100
32%
Nov
38V2 Mar
101'A
Oct
Oct
105
105
Jan
Aug
Feb
IB
Mar
8%
10
102
102
102 V2
12
Oct
271/4 Mar
Sep
24%
Jun
%
ft
27,500
Va
Oct
3%
Jan
9'/a
9%
10%
9,100
8%
Apr
25
11
400
19
1
1
2
50
50
5
1
10
25c
2.50
*
100
—
*
•
1
1
*
~6
150
45
*
*
5
10
Feb
191/4 July
July
~6
%
3,000
7%
120
40%
Jun
511/2
Jan
Apr
28i/a
Jan
Jan
71/4 Feb
11% Feb
5%
6
May
2Vb May
1073A 107%
6
6
56%
57
6 3/8
50
107%
500
4%
57%
500
5 %
200
Nov
Apr
53 % May
4%
Feb
114% Aug
71/8
69
Oct
Jan
"6%
6%
60 %
6%
1,200
1,300
Aug
91/8
40
Apr
60%
Oct
11
5%
59
Mar
14
Apr
5%
6
13%
21%
300
300
12
26
26%
400
14V2
"3
—
Aug
Nov
10 %
12 %
"3%
1,900
1%
23/a
2%
9,800
13
12 3A
13%
1,600
583/4
57%
59%
680
2%
Jan
27
2% May
"4
2 Vb
10
41 Vi
49 y2
Oct
May
Oct
Apr
Jan
12 yj Mar
9V4 May
10
12
10 %
6%
Feb
Feb
July
Feb
Jan
Feb
46i/2 May
14%
61
Feb
May
11%
Feb
4% May
7y8
Jan
14% May
17
6%
Jan
8
"4%
_5%
_5%
300
~4%
"4%
1,400
3% May
13%
—
13 %
300
10 y4 May
8% May
94%
Sep
150
35
May
40
72
Oct
Feb
19% Feb
13%
Feb
96 V2
Oct
48
Feb
44
1 %
44
73%
73%
12%
73%
12%
100
9% May
1%
2,100
l'/e May
21/4
Feb
100
117/b
Sep
17%
Jan
400
8%
Apr
10%
Oct
125
100%
Sep
103% Sep
200
100'A
Sep
lioy*
200
25%
Jan
45
9%
Apr
14%
Jan
Oct
Feb
May
11%
Feb
M'/b,
13
9%
*
100
52 »/2
90
Jan
25%
45
7
2.50
50c
May
13% May
12% Jan
15% Feb
59%
6
*
100
2.50
*
Jan
29
18%
19
13
9 %
of Colorado—
cumulative
71/4
8%
35%
Feb
"
4%
Alexander common
30
3%
_
10c
&
Corp
1st preferred
May
12%
2%
0%
common
6% May
400
4%
Sep
12
-10
500
*
_
common-
naae
38
6%
5
Producers
For
8%
Scale
Mining Co
100
2%
Sep
Jan
5%
3'A
37 %
■
12%
14
Mar
10
7%
45
•
21%
2%
1,300
shares
150
174
-
Johnson Ltd Amer
800
38
7
800
3%
Feb
14 %
16%
8
1
.
Montgomery Ward A
Moody Investors partic pfd
Morris Plan Corp of America
Mountain
8
Nov
38%
•
25
*
*
24
__
Utilities
& Rubber common
Pharis Tire
Philadelphia Co common
Phillips Packing Co
2514 Jun
12% May
7% Jan
12,100
*
1
Corp
100
15%
13%
_
2%
14
104
104
1
20
(The)
Pep Boys
Jan
30
15
100
pfd
Co
3%
.50
Mining Corp of Canada
Minnesota
Co
Traffic
Penn Water & Power
6%
Miller
pfd
16
16
—
-
& Light 4%%
Power
23
30
*
__
Cement warrants
Elec class A common
&
Penn Gas
Piper Aircraft Corp common
Pitney-Bowes Inc
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
50c
Co
preferred
$1 cumulative
30
15%
*
Piping & Supply
Mid-West
10%
7%
*
Abrasive—
Oil
Midwest
400
11,200
21%
5
pfd
conv
5% May
1,200
3
10
4%
500
97%
1
Peninsular Telephone common
Jan
Products—
$2 non-cum dividend shares
Mid-West
7%
10
2%
10%
1
c
Middle West Corp—
Ex-distribution
Midland
7%
1
_
Apr
Feb
50
1
—
Middle States Petroleum class A v t c
3%
30%
3%
27/b
13 %
3'4
Sep
43
600
*
Co
Pen
July
10
2%
.10
Micromatic Hone Corp_
Class
7%
shrs__
1
Parker
45
4%
*
2%
Nov
44
41%
40%
189 V2
Apr
32
24%
8% Aug
15
49
.2.50
155 % May
200
Jan
2
20% Jan
liy8 Feb
%
6% Aug
108%
__1
_
2,825
*
Sep
Perfect
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co
18,100
427/b'
•
1st
$1.30
Page-Hersey Tubes common
Pan American Airways warrants
38% May
8% May
1 Vb
—
1
65
2,200
18%
47b
7%
7%
100
*
11%
1 Vb
25c
_
Participating preferred
$5 preferred
5% pfd
42
2,000
Jan
May
186% 189 %
427/a
3
25
25
*
1st pfd
1st preferred
5% %
26
18%
-1
_
11
107/s
Pacific Lighting
23%
100
preferred
A
3,400
13
Pacific Power & Light
May
6
__
Iron Co
18%
4% May
Jan
26%
6%
l/o Aug
11
7% Aug
13% Jan
200
9% May
1,900
Jan
Feb
15% Feb
14y» Aug
17
Jan
Sep
7
1,900
Pacific Gas & Elec 6%
10%
27
1
Merritt Chapman & Scott
O'oklep Copper Co Ltd Amer shares
Overseas Securities
42
11
5
.
Menasco
Warrants
6
6
♦
Co
&
21% Aug
11% May
6
—
Dredging
Mead Johnson
6 % %
10%
_
.1
common..
preferred-
Messabi
10
10
preferred
Inc
4%
38 % July
3
__
10%
110% 110%
20%
200
_
common
*
Corp
$2.50
McWilliams
38%
8% May
6% May
32
Apr
13
-£1
10
common
Mfg Co
convertible
McCord
38 %
1%,
200
1,600
1%
Oct
300
*
Harris
Massey
Oct
%
8,300
23% Jun
*
Shovel
Power
to
Marine
Ltd
Co
20
300
14
♦
Co
International
r
14
.1
Mapes Consolidated Mfg Co
Marconi
20
20
1-1/64
__
_
common
United Filters B
Pacific Can Co common
___5
Co
1221% July
% May
July
M
Macklntosh-Hemphill
Gas
Jan
90
5%
--
Apr
110
12%
38
•
100
15
1
—*
*
preferred
Natural
Oklahoma
%
Common
Lynch
8%
50
17%
50c
Ogden Corp common
Ohio Brass Co class B common
8%
175
"l%
13%
Jan
300
Feb
Co
—
Jan
124
Jan
common
Corp
Sep
10%
Oct
.
Logansport Distilling
Gas
Jun
7% May
104
Jan
Sep
x2l
__
Airlines
Lone
Star
13,300
Feb
25% July
__
Jan
15%
Jan
23 Va
__
__
__
20
26% Feb
32%
Jan
21 Ve
ll7/a
7%
Securities
7
12
44%
47%
May
9%
Oct
Jan
Jun
May
13
10%
*
May
31
1%
12%
*
*
common
Feb
1
9%
*
1
preferred
B
104%
104%
17Vb
Class
9 %
%
9
121
1
North Amer Light & Power common—1
$6
Jan
10%
Aug
10
9%
5
North American Rayon class A
82
7% May
70
5
7
5%
—
Jan
200
60%
U
Mines
44
..
__
Jan
14%
Noma Electric
30%
__
22
__
July
6% May
1,300
__
__
*
A
Class B
Locke
8%
24 7
—
__
25
Line Material Co
Lionel
8%
23
•
5
Salle
Lipton
--
Monotype Machine
Lefcourt
Prior
24%
*
A
8%
1
class
B
Lanston
La
5
common
United Bakeries
17 Va
Apr
Jan
8%
43A
100
100
Nineteen Hundred Corp B
May
5%
1,200
120%
May
593/4
1
preferred
warrants
11
2,700
Nov
4
1
Founders shares
Niagara Hudson Power common
5% 1st preferred
2d
Jan
89 %
Shipbuilding Corp—
5%
10%
14%
•
10
10
Y
18% July
350
*
&
Feb
13
4% Jun
4%
common
Y
Sep
Jan
60%
N Y Auction Co common
New Process Co
5
6%
500
6
6
6
Feb
24
1
Zinc
New
_
Jan
Mar
14
20
25
1
convertible preferred
4%%
N
Oct
5%
New Jersey
N
Jun
9%
Niagara Share Corp class B com
Niles-Bement-Pond
__
14% July
15'A
12
5
10% May
53/4
_
Class B optional
Laclede-Christy Clay Products
600
9%
Feb
15% May
19% Apr'
8 %
17
--
Sep
14%
__
__
8
1
_
111%
12% May
__
__
1
_
70,0
1,200
15
15
_
Rubber Co.
15%
1
9
r io
*
_
JUly
45
5
__
1
Co common
108
56% Jun
5 %
15%
__
_
Klein
30
__
__
__
110
110
__
21% May
9
Oct
89%
600
15%
5
5
Corp
Neptune Meter common—
Nestle Le Mur Co class A
New
10'A Apr
May
13
5%
(Herman)
Nelson
New
~3%
30c
July
18% Oct
15
20
Car Ltd
Oct
Feb1
300
9
9
5
_
18%
125%
5
400
*
Key Co common
Kidde (Walter) & Co
May
122% JUiy
15% Aug
122,600
__
__
17%
5
Kennedy's Inc
16%
14%
__
16%
*
—
—
National Union Radio
15%
100
_
...
—
National Transit new common
K
Kansas Gas & Electric
38%
Rubber Machinery
National Steel
Kaiser-Frazer
—
& Stores common—
National Pressure Cooker common
National
Kawneer Co
Fabrics
Jan
18
Jan
36%
Sep
National Mfg
Jan
Jun
15%
100
common
National Mallinson
Feb
24%
43
May
17
Jan
25
Jan
Jun
12
17
7%
6%
27
45
43
200
Jun
81/4
35% Oct
14%
3%
Feb
200
Apr
14%
1%
Aug
4%
2% May
5%
14%
3,500
Oct
8
3,900
2,900
3,300
27
16'A
200
3%
123/4
2%
common-
1114 May
6%
37
6
0% Aug
1,600
700
15
12%
2%
Stores
Oct
3%
3%
363/4
4%
preferred
Feb
14% Juiy
12 y2 July
12%
2 V2
Class A
500
—2
5%
Jim Brown
Mar
37
138%
24%
6%
—
preferred
Lake Sulphur Co__
Julian & Kokenge Co
18% May
12% July
National Fuel Gas
12%
Co
14%
143/4
common-—
Bellas Hess common
common
Glass
Kirkland
Sep
N
Corp
Nachman
7%
4%%
98
10 % May
Feb
% Nov
4V2
National Breweries
Jefferson
10
14%
Feb
National
13%
Jan
107
Jan
16% May
700
121/2
30
107
Jan
1%
Namm's
Jeannette
High
Low
250
*
;
Range Since January 1
High
31
Muskegon Piston Ring common-—2.50
Muskogee Co common
10
Sep
200
%
Low
—
Murray Ohio Mfg Co
30
1
_
& Tel
Feb
12%
100
700
5'A
5%
Shares
31
Nov
5ya
lVa
18
for Week
•
100
States Power common
Feb
18
Sales
Range
of Prices
Par
15%
8%
_
Week's
Last
Sale Pirloe
Exchange
15%
8%
—
Curb
High
1%
—
1
*
Chute
Air
Irving
Italian Superpower
11
York
New
Range Since January 1
Lovt
11%
2%
7
Friday
High
10%
18
Products-
International
NOVEMBER
STOCKS—
Shares
10%
*
shares-
Registered
EXCHANGE
ENDING
for Week
10%
shs__»
coupon
WEEK
Sales
Range
of Prices
Par
International
Week's
Last
gale Price
STOCKS—
CURB
YORK
NEW
31
(1915)
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4645
Volume 166
100%
100%
42%
100% 101
100% 100%
42%
43
8
85 '
13
Mar
Oct
:t2
(191:6)
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
MondayrNovember 10, 1947
it
NEW
YORK
RANGE
Friday
York
Exchange
Curb
Week's
CURB
WEEK
EXCHANGE
ENDING
NOVEMBER
Range
Shares
Friday
for Week
of Prices
Par
Low
High
Low
New
l
*
6%
preferred
Quebec
Power
903a
100
Co
90 1
150'
350
152'
190
•
85
May
15
96
Jan
Nov
150 >/4
170
Feb
May
Shovel
18%
Feb
Co
Corporation
Roofing
Tishman
Tivoli
Raytheon
10
*
Bit
Rio
30%
30%
300
37
37
100
54%
54 %
8%
8%
*
2174
21%
2% May
L%
30
15%
Apr
5%
Jan
19%
Feb
Oct
Trunz
Tung-Sol
Sep
7,200
67/a May
13%
23%
6%
6%
6%
600
23 %
23 %
24 3 B
550
14% May
2474
24%
24%
300
22
May
32%
Jan
474
4%
4%
500
37/b May
674
Feb
Amer
Rome
dep rets for ord
reg
£l
Corp common
Roosevelt Field Inc
Petroleum
Ave
1%
99 3
30
12 %
1% May
2,700
80
98
Oct
25
Mar
2%
32
Feb
Aug
1,400
11
Oct
6%
6%
300
3 %
Apr
14% July
7% Oct
21 %
19%
21%
32,800
6%
Jan
21%
Nov
20
20
500
1514
Apr
24%
Feb
*
15
Apr
10% July
--
common
Ryan Aeronautical
Ryan Consolidated
Ryerson & Haynes
~6%
1
10
1.25
Co
1
Petroleum
*
common
18%
Feb
14
~7
%
600
5
Sep
3%
674
Apr
1
Lawrence Corp
of
Oil
Union
$3.75
Samson
United
Feb
11
6%
Oct
(D A)
1674
Oct
Oct
U
25c
1
Co
1
common
Industries
4%
common
Canada
rets ord
U
and
1st
S
conv
13
May
2174
May
4.32 %
cum
Stahl-Meyer
5%
1,700
2%
2%
100
1 %
17B
13 %
13%
200
2%
318
700
Jun
5 74 May
2 74 May
200
1
Standard
874
Jan
Jun
274 May
17%
12 >:
12 %
12%
73
69 %
73
200
1,500
Standard
13%
Jan
4%
Feb
2
Feb
13% Aug
1474 Mar
4%
$1.60
Sep
24
14
Sep
115% July
11 %
11%
375
Oct
27
Feb
117s
Apr
13
Oct
10
May
17
Feb
36%
8%
8%
1,100
Sep
39%
Jan
674
Apr
974
Oct
260 % 262
140
x255
3 74
May
312
Jan
Sep
574
Apr
Aug
102 %
Apr
24
Apr
25%
Oct
15%
Jan
97i
"974
4L
4 1
4 11
10%
1,000
8
4%
500
7% May
374 Sep
4%
4%
700
2'% Mar
474
Sep
8
8%
800
5
May
9
Feb
1
5%
5%
300
3 % May
7
Jan
33 %
34%
1,700
33'
27
May
27
10
Valspar
$4
Jun
8%
34%
35%
Feb
Nov
Feb
Venezuela
Vogt
$2
Ward
Warner
200
3 74
31%
700
16%
Jan
31%
Nov
5%
800
4 %
May
8%
Feb
6%
100
5
63
13 3
8
10
Aug
Western
13
24 %
3%
3%
Wichita
14%
7,400
13
Nov
25%
24
Oct
36
3
May
4
800
19%
200
10%
11
200
9%
Sep
13%
29!.,
29 %
2774
Jun
5 14
2,000
2 1
8
3,300
1%
500
116%
200
177b Mar
common
5 74
5%
25
18 "a
500
4
26%
a
17%
3%
18%
100
May
14
Sep
414 May
common
Feb
200
14 s4
Jun
29%
Feb
200
6%
Jan
8%
Oct
9
500
50
214
7
Sep
5%
Feb
May
13%
Feb
11% May
1% Oct
17%
Jan
274
Jan
18
250
20
350
26
May
May
7%
200
7
Jun
16%
75
x3%
3%
1,000
147s
x3%
24%
32%
7 %
16%
16 3 8
450
For footnotes sec page
33.
20
150
29 74
30
300
Feb
Apr
41
Oct
19% July
23
Jan
32% Mar
23
May
4%
5,200
3
May
21%
800
21
May
4
21%
Oct
374
474
Jan
22% Mar
11%
10%
10'
100
32 34
3234
33
300
*
12%
1274
12
1,300
100
11%
3 %
12%
Feb
1,800
8
May
60
94
May
126% Mar
3,200
Oct
774 May
3%
500
2%
Feb
4
July
100
1174
Sep
14
Feb
1%
Jun
115 7
6%
1
2
6%
114
6 3
3 ' 4
13
13
574
(R
P
C)
2%
200
16
2
15 "2
61
6 %
14
May
16
1
2 74
2%
500
1.25
6%
8%
100
6 74
$6 preferred
*
& Coke
—-—5
1774
18%
-1,600
147 74
147%
__
1st pfd—100
Feb
10
105
100
25
100
26
18
10
__
14%
1
5 %
15
21
275
2
14%
1
11%
Nov
Oct
Sep
20'4
Jan
Jan
50
16%
5 %
Aug
Sep
1934
1674
18
106
14 74
Oct
18
500
5%
5%
16 74
100
Inc
May
Sep
CN CO
13
18
*
pfd
27
Apr
__
14%
25
4%%
Mar
Jun
11%
1
common
Oct
32
37% July
19
*
w
155
Jan
100
Oct
18 74
14
1
Oct
113 % Mar
Jun
28%
Feb
9 '4
May
35%
Feb
2%
May
30
35 7a
1
common
874
Jan
28 74
35'
Feb
12%
Feb
874
Feb
27
May
29 %
corn—.*
Co
w
(F W)
Feb
Apr
6 74
111
Jan
574
Apr
74 Aug
150
2%
3%
13%
113%
874 May
110
700
Petroleum
American
500
300
__
4 7a
Inc
& L
2%
9%
9%
4%
&
Industries
Woolworth
2%
9%
May
374 May
174 May
Corp
Products
106
834
Jan
Sep
2174
Feb
11% May
300
17%
Oct
Nov
108%
Feb
100
11
May
167b
Feb
11%
11%
106
14%
14 %
50
600
974
Jun
12 74
July
9%
Sep
14%
Jan
~2%
May
~3~%
Feb
Ltd—
deposit
receipts
5s
preference
--
__
--
£1
Hargreavcs
Ltd
*
2%
~2,7,
2%
5,200
32
Sep
Feb
35% Aug
10
July
12% May
314 Jun
20%
4%
Jan
12%
1674
Nov
Apr
it
11712 11717
20
i.2*!e
12'/3
121a
100
14'/a
1374
1414
9,000
8%
Jan
Jan
1074
Oct
29% May
10% May
34%
Feb
19%
Feb
117
8%
Jan
Apr
11% May:
Week's Range
Friday
Interest
Curb
Exchange
Last
Period
BONDS
York
New
Sale Price
or
Friday's
Bid & Asked
Low
1961
J-J
1970
Writing
J-D
102
Appalachian
Paper 6s_
Elec Power 3%s
Power
deb 6s
2024
J-J
Electric
4%s__
-1953
J- J
100 3
1955
M-N
10174
1964
J-J
Associated
Assoc
Tel
Tel
&
deb
122
May
12%
Oct
20%
Feb
5%s
A
_
_
.
Atlantic
City Electric 3%s
Telephone of Canada—
Bell
series
5s
Bethlehem
Boston
C
_
SCentral
A5s
Steel
A574s
6s
Service
5s
5s.
Gas
-
High
Bonds
Range Since
January 1
Sold
No.
Low
High
10074
102%
3s
ref
mtge
274 s
ref
Gen
mtge
debs-Gas
1st
&
of
mtge 4s
A 1st
mtge
Gas
—
Q.
R—
—
(Bait
&
ser
4s
1958
105'%
106 7b
108%
102
10174
107 74
1
111
180
1027b
-
-
24
110%
t>
1157b
165
165
101 7'B
106
84%
84%
85
53
64
93%
MS
86
%
85 7'B
87
112
G4
947b
M-S
10474
104 74
105 74
103%
106
A- O
104
104
104%
65
103 7a
105%
10574 106 Tb
20
104% ■106 Tb-
M-Q
__
10
85%
362
87 74
105% 105%
3
10574
84%
--
:
1976
1962
i,.A
J-J
84 74
-1981
City)
1100 74 1 0 1 74
J-J
--
J100 74 101
A-O
10974 111
109 %
M-N
1007b
.
937 b
■
-• 1 •.{
109»
106%
9974
105%
10974
1147b
116%
68
119%
—
—1954
1116 74 120
A-0
—1993
_
M- N
RR—
Division-
A
ser
Fuel
10014
J165
102
J-D
_
-
—
J
14
111
J-J
—
_
__
Western
N
119%
103%
__
(Bait)
P
ser
111%
115
U07
_1969
Pwr
4%s
Lack
Lackawanna
Eastern
-Jan 1966
—
ser
10674
100%
120
i
-1954
-.1969
274s series
&
5
17
100 74
__
-1977
Lt
107%
10074 101 %
+117
4
Q-F
1948
3s-
El
107
1
102
Corp—
__
mtge
Delaware
107%
J-D
_
__
ref
conv
_1998
—-
5s
,
J-D
-1970
-
-
redeemed)
Debenture
Debentures
-I960
_
Electric
Debenture
Consol
—
redeemed)
(10%
—
—
274s
States
(10%
Cities
__
Edison
Consolidated
1
♦
'2
26%
.—-10
1st
5^.
100
4,500
Co
1st
—
38 %
3%
Jun
7%
&
Bi others
2%s
kL_
~rr.
Feb
2%
»
-20
1st
pfd
1874
200
1.000
Appalachian
27%
31 %>
25c
10
Texoli Oil & Land Co
ext_*
1
Stationery
Oil
Winnipeg Elec
Amer
177b May
24
Textron Inc
10% May
2% Oct
1,600
3%
100
Inc
preferred
Feb
1314 May
,
Apr
Feb
4%
300
2,600
14 %
12%
Feb
(Hugo) Corp
Stop & Shop Inc
common
8974
2%
Feb
Feb
8%
14
Sep
130
9%
3
Stinnes
Taggart Corp
ctfs
Corp
&
River
Willson
Feb
Oct
77%
2 %
8%
Tampa Electric Co common
Technicolor Inc common
Texas Power & Light ,7 %
trust
Coal
Feb
1%
Sep
8
2 1
1
Feb
Jan
Feb
ls4 May
61
Swan Finch Oil Corp
374
82
n
20
3214 Mar
29%
2
Steel Co of Canada
Sunbeam Corp
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
2
125
14%
4
Oct
1,100
2%
4% July
21% July
19
3
& Co
Jan
20%
May
May
Feb
814
(S)
23 74
15
Jan
650
100
Stroock
Feb
May
874 May
38 %
warrants
(Win)
Williams
6%
100
:
20C
.
Shoe Mfg
Whitman
Wright
25%
1 %
colnmon
1
.
Co
Tablet
Weyenberg
Jan
3 %
Co
1474
11
3 JH
20
Apr
3.500
2%
1
Coal
Westmoreland
Jan
9 74
B.)
220
200
Feb
1374 Mar
150
857
2%
5
.
30
Westmoreland
9
19
2
Sterling Engine Co
Sterling Inc
2,150
8
14
14%
*
Maryland Ry 7 %
Western
2%
10''a
Sterling Aluminum Products
sterling Brewers Inc
2%
*
Utilitie-s
Oct
3%
(J.
__
Texas
4% May
9%
Stetson
Inc
Virginia
1%
4
2.78
116
Co
.
West
Woodley
4%
30%
a
5%
.
Manufacturing
8% Mar
4%
311
10
Inc
&
42%
85
1
-
Wentworth
Woodall
Co
(A)
49'4 July
*
Inc
Aircraft
Jun
900
Corp
Feb
3'%
Oct
5
Co
Baking Co
29%
25%
(The)
Apr
293 3 4
4174
63%
42
10
common
common
preferred
Watch
Nov
25%
Standard Tube class B
Stein
Co
pfd
cum
25%
25'a
Products
7%
Oct
% May
248
7174
61%
10
common—
Bond
Wisconsin
25
Preferred
Starrett
50
Sep
10
Syndicate
&
33% July
preferred
Common class B
Standard
Oil
Wagner Baking voting
7 '/c
preferred
Nov
2,000
10
%
60
63%
1
Petroleum
Aircraft
29
Aug
4
Standard Power & Light
248 % 248
W
Waco
46
29 3
20
Feb
Jan
50c
Manufacturing
Sep
29
—
28
Apr
10
1
common
Corp
40
29 12
common
Oct
24
2%
convertible
5%
25
preferred
Feb
26
1
25
common
Sugar
Venezuelan
Waitt
1
Forgings Corp
Standard Oil (Ky)
Oct
27%
Jan
25
Dredging Corp
3,900
Feb
73
preference
convertible
23 %
a
18%
Feb
99
Standard
221
Jan
Apr
19% May
1674 Apr
Feb
July
2274
1
Co
14%
22%
Aug
n
45% Mar
Feb
974 May
Oct
67 74
10674 May
1
Brewing
300
Feb
92
Apr
1174
24
*
Standard Cap & Seal common
Convertible preferred
17(2
•
Light
40
May
9074 July
5 %
5
17%
Apr
Jan
7%
Mar
17%
*
Products
62
% May
29
warrants
Universal
78
26
150
Jun
104%
274 May
1,900
Securities
Utah
80%
Jun
Feb
10
with
Utah-Idaho
100
1,400
20
Feb
300
Apr
39 %
19%
Jan
850
7
Nov
39
19%
4%
88%
Jan
7% Mar
common
&
Feb
9%
39 %
5
4%
86
3%
14 7
21%
19 7-4
3%
100
Consolidated
Power
11%
25c
Reclaiming Co
Stores
3%
Sep
94
*
Insurance
100
Southern Pipe Line
Southland Royalty Co
Spencer Shoe Corp
Oct
Aug
56
3%
10%
Universal
May
274 May
150
regis
International
Rubber
Wilson
4.48%
Feb
May
5% May
7 %
7
West
Southern California Edison—
5% original preferred
Feb
12%
2%
100
95
13%
preferred
Radiator
S
6%
94
common
Graphite
S
U
S
$5
U
6%
94
10%
Feb
84 74
8
12.50
3274
7%
6
100
13%
Jan
17%
260'
Southwest Pa Pipe Line
1,200
1
13 74
84%
—£1
South Coast Corp common
South Penn Oil common
300
7%
7%
1
May
274 Aug
8
177/B
100
common
2 '/a
7%
7 %
•
B
Universal
374
83
Corp
1,800
common
class
Co
Jan
Apr
2
1
Manufacturing
10%
25
Specialties
Foil
37%
May
1
Paper Mills
9%
Jan
3%
Jun
4% May
8% Oct
10
common
Machinery
Apr
29%
2
•
Manufacturing Co
Sonotone
Boss
Shoe
Waltham
Solar Aircraft Co
Solar
800
,n,r
Canal
&
U
19
*
dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred
1,000
*
Sharing
preferred
United
Publications—
Amer
(Howard)
RR
Sep
50
♦
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
27a
"7%
Ltd—
Jan
5,100
*
preferred
Jan
4% Mar
*
Products
674
27a
2'
25
Silex Co common
convertible
50c
Corp
37%
Jun
20%
100
of
Feb
S
Oct
674
374
13,300
~51
1
Simmons-Boardman
Smith
"3
*
Sick's Breweries Ltd
$3
%
•
preferred
Sherwin-Williams
3
May
3 74 May
26
May
500
1
& Power
new
Feb
1 %
690
27 b
5
Mining
Shawinigan Water
53/B
278
1
common
Sheller Mfg Co
Sherwin-Williams
12 74
1
common
Safety Control
Serrick Corp class B
Leather
Shattuck Denn
2 74 May
88 %
Sentry
Seton
1,400
1
Corp
Nov
207 b
"'2
25
Inc
Radio
12%
17
~2
3
1
common
prior stock
Allotment certificates
Sentinel
5.200
*
1
$5.50
(R B)
400
4
34
2%
*
Convertible stock
Semler
35
33 %
12
5
Inc
500
Jan
1,100
378
1
Segal Lock & Hardware
Selby Shoe Co
Selected
3
5
33 %
~4
33 74
*
Securities Corp General
Seeman Bros Inc
2°/b
6 74
700
47s
*
25
-
30,300
3
2 s,8
5
1%
Sep
May
May
1% May
•
dep
United
4474
274
1 %
3 %
100
com
Preferred
774 May
Inc common
Steel
Omaha
common
Profit
27 74 May
2%
Oct
300
900
~6%
warrants
NJ
600
Manufacturing
Scullin
*
Products
Molasses Co
Amer
800
1
102%
1%
Calif—
of
United
14%
12%
100%
July
3%
2 7b
—*
Preferred
40 3
6chiff Co common
Schulte
*
A
Milk
United
Mar
13%
10%
Jan
2%
105
1%
2%
5
Corp common
Light & Railways
United
397b
12 74
May
120
Jan
12%
Oct
79
Jan
3%
10c
Gas
United
1374
Savoy Oil Inc (Del)
Sayre & Fisher Brick Co
Scovill
of
Elastic
United
397b
1
63 %
July
1
190
Oct
7% July
Apr
Jun
500
1017',, 1017a
10
Corp
Yards
Corp
United
*
common
101%
19
Apr
5%
1%
6%
Co
Chemicals
United
50
4
12
93%
27b
Corp
series
Aircraft
United
Ltd
Corp
17b
1%
Canada
Co
pfd
Stock
pref
conv
100
preferred
Investment
United
Class A $2
pfd
Chemicals
Gas
10%
Salt Dome Oil Co
600
27
United
St
300
n7%
90
__
Works
Realization
Union
Feb
3 % May
6 %
17%
7 74
Oct
U
Ulen
107 % Mar
5
Co
Jan
—
warrants
Lamp
Unexcelled
United
11%
22%
Inc
Uni6n
200
4
May
x8
reg
—
5
Co
Rotary Electric Steel
Royalite Oil Co Ltd
Russeks Fifth
1%
99
30
--
Cable
Root
1%
99
•
lz7a
—
convertible
80c
Union
1
700
8% Mar
Grande
100
Oct
157a
17%
Sep
24 %
1
pfd F
22%
Jan
*
Valley Gas Co—
(Texas Corp) v t c
Nov
Jan
500
22
45
19%
regis
def
4%%
Jan
Jan
300
49
Corp
31%
5514
Feb
33
2074
7%
Mining of Nevada
3814
29 74 May
51
1
Rochester Gas & Elec 4%
Roeser & Pendleton Inc
Rolls Royce Ltd—
Edison
150
Trust Co Ltd—
rets
High
4374
Stocks
rets ord
Tri-Continental
5
Engineering
Toledo
Trans Lux
Low
%
15
__
Co
Feb
2
1% May
27% May
18% May
5 7b Sep
:
Rice Stix Dry Goods
Richmond Radiator
dep
Construction—
&
Range Since January 1
High
19%
Shipyards Corp
Tonopah
125
37
5
common
Co
Regal Shoe Co
Reliance Electric &
9,500
17 Va
30%
*
Manufacturing
Reed Roller
16 74
1
$3 convertible preferred
dep
43
--
Allied
Amer
Todd
10
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
Shares
5
common
Realty
&
Amer
Railway & Light SecuritiesVoting common
Sales
for Week
43%
Inc
Brewing
Tobacco
R
2%
Range
of Prices
Low
5
common
Tobacco Security
Radio-Keith-Orpheum option warrants-
Exchange
Par
Tilo
91
Curb
High
Thor
common
York
Week's
Last
Sale Price
STOCKS—
Range Since January
Thcw
Quaker Oats
7
Sales
Last
Sale Trice
STOCKS—
New
FOR
B_
3%s
—
1993
—1965
5674
58
May
J-J
29
—
..
100
..
100
59
26
29 %
13
25
3
100
100
55
66%
36%
106
Volume 166 1 Number 4645
THE COMMERCIAL. & FINANCIAL
CHRONICLE
(1917)
33
j
NEW
YORK
RANGE
Interest
Last
Week's Rang*
or Friday's
Period
Sale Price
Bid & Asked
Friday
BONDS
New
York
Exchange
Curb
Low
1956
1948.
JTD
163
J-J
J-D
J-J
1949
A-O
1949
A-O
NOVEMBER
Foreign Governments & Municipalities
124
84
55
65
BONDS
+
^General Rayon Co 6s ser A___.
69
103% 103 %
1
1D3%
2
103
106%
103
156%
__
Curb
Exchange
104
1104
104%
--
103%
Mortgage
Eank
<Col)
lien
1st
&
ref
20-year
7s
International Power
Bands
Bid At Asfctd
Sold
Apr)] 1046
a
104%
1950
J- J
1963
F-A
102 ii!
103%
103% 103%
S
103
20-year
7s
Jan 1947
Bogota
tsee -Mortgage
Bank,
U-N
104 %
104% 104'a
8
104%
Valley 7s
Danish Cons Municipal
External 5%S-—!
105%
1970
5s__
Indianapolis-Power & Lt 3%s-,-
Week's Rang*
«r Friday's
108%
102 J g
7
102%
102%
104
External
Range Sine®
.January 1
No.
High
Low
-High
66%
78
—
A
107%
103%
3
Agricultural
A-O
tea
j.j
m
75
65%
70%
22
45
96
of)
-ACauca
Indiana Service 5s
Friday
Last
Sate Price
Law
68
56%
59
104
--
Y«rk
105%
103
103 %
New
Interest
Iwifd
Bank-
Mtge
t*.m i
7
High
120
63
7
EXCHANGE
ENDING
January 1
Low
No.
120 % 120%
--
CURB
WEEK
Range Since
Sold
High
l._
1958
Residential
standard
M-S
1963
5s
1961
1950
Finland
M-S
Bunds
FOR
■
1948
J-D
1955
1953
1952
43%
43'A
M-N
81
81
81
F-A
1-
85
68%
94
J-J
L_
20
21
29
15
15
18%
28
84"'
30
47
...
Lqan—
5s
Danzig
Pert•& Waterways—
AExternal .6%s stamped
Sec—
£6%s series C
J-D
1953
29%
5
29%
29%
43
•
(Dec
.A 7s
1
1941
series E
A7s
A 7s
1955
coup)..
series Fa
F-A
428
1957
(Aug 1941 coupon)
A7s
^
1957
..
28 %
1952
J-J
1952
•
(July 1941 coupon)
—-
_
29%
728
'
_
42
42
28%
3
41
32
__
28%
ALim^ City (Peru) C%s stamped.1958
stamped 1Plan A)
Interest reduced to
2%s
20-08
AMedellin 7s stamped
1951
Mortgage Bank of Bogota—
42
28%
10
26
28%
--
30
30
_
34
42
M-S
M-N
129
J-D
142%.
IU-N
146*2
47
Debenture
A Italian
1957
J-J
08%
1963
Superpower Cs
J-J
1952
6s.
J-J
...
100
99% 100
61
58%
68(4
35
65
30
42%
720
30
...
1C2%
tissue
of
May. 1927)
'1947
A7s
94
70
(issue
Of
Oct.
3947
A-0
146%
4 1
53
3931
J-D
120
18
25%
1972
J-D
85
65
85
81 %
9o%.
2008
M-S
28
28
28
25
37
24%
32
1927)
Bank of Chile 6s
AMortgage
Mortgage Bank of Denmark 5s
stamped (Plan A)
Parana
Kansas Electric Power 3%s
1966
Kansas Power &
1969
105
J-J
.1956
Light 3%.s
Corp deb 4%s
Valley RR—
McCord
Midland
J-D
-F-A
109*4
109*4
105
109*4
1
109
111
102
104
--
1961
N
2004:
J-D
1968
AO
106%
10,%
12
1971
A-O
103% 103%
1
1964
J-J
Y &
1963
Westcjtieste? Ltg 4s_-_u_—
3s
mtge
Park
Lexington 1st
mtge
3s
A-O
1967
Ohio Power 1st mtge 3 Us
1st
Rio
de
MS
:
6312
1
103% 103%
M-N
63%
4
103% 103%
'
_
90
90
3
90
102%
3V4s
1970
Public Service of
perpetual certificates
Queens Borough Gas & Electric—
•No
104
109
103*2
J-J
+
1071
a
77
value,
par
g Ex-stock
1 08
109
149
Safe Harbor Water Power
San Joaquin Lt &
Corp 3s_ 1981
Pwr 6s B_—
1952
inc mtge 3s
A-O
170
Southern
Counties
'Cash
451
2
6
4*4
277
2
6
Deferred
asked prices;
no
d £x-Uit«r«st.
tale,
delivery
tale,
r
e Odd-lot
-xEx-dividend.
Cash aale.
3'As
5s
AStarrett Corp inc 5s
5s collateral trust
A-0
M-S
A-0
J-J
1970
F-A
M-N
A-O
A-O
sales
included
not
Power
tale* being traceacted during current week.
in year's range.
Company, rights v» i,
Sugar
Abbreviations
J100
1031
104'
-97 A
Company,
Oct. 31, at
%.
30, at 1,64.
Oct.
warrants,
above—"e'ed." certificates cf bepceit; "cons," consolidated; "cum," cumula¬
used
103*2
"v t c," voting trust certificates;
10538
107%
102
105*2
105%
"x w," without warrants.
with warrants;
1075a
3
"w w,"
when issued;
i,"
100'A
37
z'105'-2
106',4
"w
108
105 >2
1102%
>105
108
102
1021
+112
68 %
.
101
2
104'/a
39%
116*2
117
68
71-'4
are the daily closing averages of representative stocks arid
ooacw
the New York Stock Exchange as compiled by Dow, Jones & Co.
•Below
75
listed
(Hugo) Corp—
A7-4s 3rd stamped
Stinnes (Hugo)
Industries—■
a 5s
income
Wash
1S48
Water
on
47'A
32'A
10
30
47*2
103%
106 U
J-D
A-O
107
i960
J-D
120'.
1959
F-A
Traction
Newspaper
20
trials
5s
■
1
3
Nov.
4
a
115%
122
Nov.
5
101%
-
105%
Nov.
Nov.
82
110
Union—
debentures
>102*2 105
OTHER STOCK
RANGE
FOR
WEEK
Friday
Week's
Range
64.. 71
102.07
34.70
64.40
Par
Arundel
Corporation
Baltimore
5'i
Transit
1st
Fidelity
Deposit
100
Co
Corp
10
20
Amsterdam
Potomac
1.225
15
Nov
25%>
Feb
24
150
148 %
40%
148%
40%
40'a
10
2
J
19%
Aug
44
182.00
48.02
34.71
64.35
01.9 5
1 04.85
88.41
103.94
99.79
181.54
47.55
34.75
€4.12
101.84
104.58
88 23
103.93
99.65
7
NOVEMBER
...
55
--
55
"J
27%
27%
50
96*2
2
100
Commercial
5'-
pfd
Fidelity & Guaranty
--
9
z z
37
50
50
7
44
27
0:t
143
J
40
Range
Sales •
for Week
Sale Price
160
Jan
27
Jan
5 4%
44
10 J
% t
•'
^
5s
W«rk'»
of F'ricee
Shares
4%.i
Fuel
<fc
40%
Jan
i'r-
56
Oct
May
29
Jan
Nov
102
Feb
Street
ZCO
pfd
series
SS
46;2
Jan
5,3*1:
Gillette
76 *
4
$5,000
71
July
90%
j'eb
Eenr.eccrt
85
85 ;
2
10.060
£3
Aug
98
Feb
Lone
Central RR
l't
5 8'--
59%
C
>J
■53
- >>
e
5-
4
35
,4
2
7
•
-j
2
Friday
Week's
Last
-Range
for Week
Sale Price
STOCKS—
of Prices
Shares
Far
American
Agricultural Chemical
Sugar Refining
American
Tel
American
Rights
Tel
&
•
2 00
Low
__
__
100
155%
•
44%
tvi
Woolen
Anaconda
Copper
50
__
LOW
New
High
49%
105
34% May
50:
t
Oct
41 %
42%
1
7
24 % May
44%
—
117
Bird
&
Son Inc
ZC0
*
34 %
Boston & Albany RR
1C0
133
__
119
Boston
25
Elevated
Ry
N
42
—
19*2
5%
class
A
1st
preferred
Stamped
class
B
1st
l'/c
class
C
1st
pfd stamped
preferred
Stamped
For
100
100
8%
10%
*
28*2
class D
100
100
100
1st pfd
footnotes
see
stamped
page 42,
100
--
--
6
--
7%
525
20%
Jan
24 3-2 Mar
150
25
Apr
^
-
43
u
51 3
8
May
*4
—
.
Jan
4
Oct
Oct
Feb
u
■
1. Or 8
21% May
40
550
2.3% May
22% Mar
4
210
2%
Jan
4
Sep
% May
53 %
Jan
58% May
76*t
Feb
5*2 July
7%
43
I
3(0
Jim
23
385
24% May
2 4
:-:o
12%
Sep
23
1-.
17
3 4 % May
"I C
3
44C
tio
26c
ZOO
32%
50
4th
50
140
%
140
Jan
(2-a
3(0
■O'.j
I ('5
j
25"4
Feb
Oct
Nov
Feb
!
Feb
Feb
Jan
121
%.
Aug
Feb
• t
c
May
O'.t
50
Ml
2 50
H)
.100
149 %
Jun
174%
Feb
Pacific
1%
nov
2
Oct
Pennsylvania RR
50
420
26%
Jan
51
Oct
Quincy Mixing Co
25
34%
440
3.193
133
10
31
May
19-
191^
260
11 a
119%
130
3 32%
Jun
Mills
*
14% May
127
Jun
18%
135
Jan
Jan
Corp
Reece
Feuding
Res all Drug,
140
Jan
Stone
tz
•
19'2
270
18% Sep
2,0%
Sep
Tcrrirpton
27%
28'
265
25%
37%
Jan
United
Shoe
3
May
10
4%
Jun
6
4%
4
%
Jun
4%
20
4%
Nov
6
6
10
4%
Jun
7%
150
5
May
187
26% May
It,%
29 ■%
Oct
%
Feb
Nrv
+
2% May
77
8
7
-
560
12
1 %
Mar
7 4
-
2
2; ;-8
Aug
Sep
!!■ %
Feb
5 85
^
j 52.
14'a
4c0
13% Aug
! 0
22% May
42%
4 0
4.
7
u
i>18
Nov
Feb
4
.
Jan
'.*4:
143
j
3 0%
15
May
*
Inc
Fruit Co
59
150
1 .4" 3
32%
14
•
Webster
20
39% May
57% F'eb
501/2
58'2
150
.a
14' -'.j
5' -'i'
2*
2 50
Assn
43%
4%
■)
4
May
Jan
19*4
4%
23"'
t
14%:
3 0
Tec
58*2
Sep
J
-i)
3 "u
*
Machine
41*2
2,748
21
It/
320
14-0
42 % Mar
340
29%
2D
41 %
41-'2
55
56
a
2 926
44 %
Jan
5s>% July
61
(?-4
1.275
60
Sep
71%
May
Union
Boston Herald Traveler Corp
Boston & Maine RR—
47
Z4->?)
1
:
Jan
9
Aug
'
:-4%
72.253
2
United
100
Stamped
9
Sep
Aug
20
5
Attn
Mining
RR
Shawmut
Boston Edison
n
72
46
71
45%
155% 156%
44 %
Northern
Reece
Bigelow-Sanford Carpet 6^ pfd
Jan
ZC '/i 1
Service Cos
Butte
27
54%
England Tel & Tel
North
Oct
Oct
1*2
American
Range Since January 1
High
49 %
2
4': -11
-
Narragar.sett Racing
National
Feb
4 0%
2
4
.1
5 6 ;
y
•
preferred
«
ZOO
ccmr.con
JCash-Kelvinator
Sales
0
*
ith:esen Alkali Work;
Boston Stock Exchange
,
H
5 7 ;'.a
35
Cement
cure
Jan
%
Jan
28
•
Co
Copper
85
50
- 4
•
7G
t
Jun
52 '2
53;
'
Copper
76*4
Star
2
-.4
•
Razor
Safety
Roy ale
28
% May
€
87%
1 %
*
common
Electric
Genera]
Hugh
12% May
23%
3
73
ZOO
Stores
1975
4s
C
ZOO
A
Inc
Lines
National
First
y
87 %
ZOO
preferred adjustment
Eastern
V:
152
4
Ry—
Employers Group Assoc
46% Mar
3b64 May
1st
5>
/
'
Association—
prior preferred
Mass
LOW
75
•
5
Rang* Since January l
High
Lew
10
1875
Co
A..:
series
Gas
Eastern
BONDS—
Transit
Trust
Prop
Htcla
Service
Eastern
Isle
Baltimore
<52
Common
aa
16
44
Personal
Ciues
Jan
■2
Co—
preferred
Seaboard
S
Casualty
Edison
3.60%
O
15%
High
9^.8 j
99.81
EXCHANGES
ENDING
Vernon-Woodberry Mills—
Common
New
15
22%
--
__20
Insurance
Guar
15*4
Low
104.01
IC4.00
7
Boston
High
88.60
e
Calumet
*
..
.
preferred vtc
&
Fidelity &
Mount
*
Co
Low
99.90
Hoiibay
104.68
Last
Range Since January l
40
103.93
88.55
104.7 2
—
___
102.00
88.90
Ben**
48.29
STOCKS—
for Week
Shares
104.64
64.€8
Far
of Prices
ties
34.85
Sales
Sale Price
STOCKS—
Utili¬
Ralls
181.89
Exchange
Last
Grade
Rails
34.89
Friday
Baltimore Stock
Tcuu
Grade
102.13
Holiday
■
10
Indus¬
48.58
182.65
108
63%
108
108
-
10
Second
trials
65'
Stocks
ties
48.66
182.48
Nov.
105'A
18
77*
1085a
Util-
roads
First
10
Total
IB
Rail-
IndusDate—
Nov.
76*2
M-S
1964
2030
-Bonds—
Stocks
32'A
103'
1954
Penn
f
35
3'As
West
s
37
31
+
5s
Electric
conv
J-D
4s
debs
Power
Penn
6s
A-O
1949
>31
J-J
Hotel—
West
Western
1946
stamped
United Electric Co of N J
Waldorf-Astoria
f Ex-dlsuilutlcB.
y*x-righu.
flat.
Stlnnes
A7-4s 2nd
sale.
12112
1966
Elec
&
4%
4
—
mtge
3s
Southwestern Gas
3 'y
J-J
n Under-the-rule
being traced
Duke
108'A
116
1970
(Calif)
J-D
tive; "conv," convertible; "M," mortgage; "n-v." non-voting stock;
108'A
1950
Gas
J*J
3919
{Reported in receivership.
106
1102
1965
3s
3%s
104%
1116'a 1177H
1951
Edison
Gas
105
M-N
1989
California
California
105
MS
1971
Southern
Southern
149
a
dividend,
jFriday's bid and
DO
104 34
107',4
149
127%
2012
107
2
.
A)
2%
6%s
107%
101%
106
Manati
1952
Spalding (A G)
a
M-N
5lis series A
1st
i105 1
to
104%
New Jersey—
6 ','o
Scullin Steel
J-D
'Plan
1921
reduced
•
Government
AEonds
Pennsylvania Water & Power 3%s_1964
2%s
A5%s
65
105%
?107
_
53
to
stamped
Janeiro
Interest
ARussian
Extended at 4% to
Milwaukee Gas & Light 4%s
New England Power 3 Us
reduced
Interest
105
3
fl02U 104
--
104%
Julv
6'c
Co
Twist
Drill
.5
•
Machinery
preferred
common
25
43 '2
I
5%
63 %
25
42
4!v()
4o '
1(>5
MO
42
30
-
May
4 8
Aug
Jan
Apr
41%
Oct
40"%
Jim
60%
F«- b
An 1
3
7%
Jan
May
8*2 July
10
4%
7
11%
July
>>
52
45
A7s
Interstate Power 5s
1
Maranhao
U
S
Rubber
Nov
Waldorf
System
Feb
Warren
(S
Feb
West bughouse Electric Corp
£>)
-
Inc
Co
*
j
12 %
t)
35
*
27 %
"%:7 "y
r
r
0
rf
: 27
13%
1C| 10
240
3.3%. July
29%
461
22% May
+
5'
3 8
Apr
2.0% July
,
34
THE
(1918)
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
FOR
WEEK
CHRONICLE
EXCHANCES
ENDING
NOVEMBER
Last
Range
of Prices
Shares
Friday
Par
Admiral Corp common
Aluminum
Advanced
American
Tel
Rights
7%
7%
200
4
414
200
25
26%
•
common
Tel
&
Co
capital
Bftstge Since January 1
Low
1
100
26
155 %
155 % 156'/a
l3/4
1%
w i
2
900
High
Alleghany
Corp
Co
5
common
Asbestos Mfg Co common
Athey Products Corp capital
Automatic
Avco
Washer
13%
American Radiator & St
Feb
26 %
Nov
American Rolling Mill
Anaconda Copper Mining
Jun
160
1%
174%
14%
1,900
Oct
u
Certain-teed
9% May
1% May
&
Oct
3%
Feb
Curtiss-Wright
2'/a
300
8
100
7%
Oct
13%
Sep
3
4 %
4%
150
Beiden
Mfg
Berghoff
Co
5%
600
7%
Feb
38%
39 %
100
39%
Oct
*
10
Brewing
900
18%
Apr
23 Va
Aug
13 '4
13 y2
150
Feb
13
13
50
12% Sep
11% May
14%
1
10
Borg
(George
& Sons
.(■wach
Corp
11
11%
150
9% May
5
50%
50
50%
500
38% May
54%
Oct
•
60%
59
60 y4
350
40
Mar
60%
Nov
5
x4114
50
45
Jan
41 >4
41%
35
Jun
12%
17%
21
700
16 %
Apr
lu
Burton-Dixie Corp
Carr-Consolidated
Co
&
(A
12%
12%
800
11% May
Biscuit
M)
1
common
10
common
Central 111 Secur Corp common
Convertible
-1
0
preferred
W
S
&
Cent
Util
500
common—
Corp common
Convertible
preferred
Corp common
Cities Service Co
Coleman
(The)
Co
Commonwealth
Consumers
Duuge Mtg
preterred
Corp
25
—
20
Jan
42
Jan
1%
2
350
1
% May
~~50
(new)
common
__10
new
1
class A
1,350
13%
13%
13%
150
9%
9%
9%
1,000
12
64%
2%
Apr
15% Mar
10% July
25%
250
19% May
8%
500
64%
64%
250
6% May
60 y2 Jun
8
8
300
7% May
6%
7
450
5
May
Oct
9%
Oct
65 % Mar
Aug
68
26
13%
Feb
9%
Co
72
72%
20
62%
62
62%
300
56%
Sep
66 %
37%
37%
200
23%
Jan
40%
Mills
37%
200
22 % Mar
38
America
Drive
27%
28%
4,050
27%
33%
General
General
u.
Finance
Corp
common
Cillette Safety
27
27
40
41
10%-
10%
10%
4
3%
—
106% 106%
10%
Tire & Rubber
Gj^ayear
Cossard
Co
(W
H)
H immond
Harnischfeger Corp
(G)
Co
12
•
10
80
May
Co
9%
41
13%
I
Brick
'nois
Illinois
Co
Central
40
81
May
New
York
North
L.ucpendent
Packard
i:"ianapolis Pow & Lt
iuuiana
Jim
Stores
Brown
C.ass
Katz
A
8%
Jan
Co
Feb
9 %
May
19% July
11% Feb
8
60
8
400
1,100
9%
5,600
6% May
52
Jan
6%
Apr
28
19%
46
Feb
Nov
9%
23% May
31%
Inc
& Co
60%
Feb
46%
200
43 %
20%
1,000
16 %
17%
400
11%
200
Central
Aug
May
16% May
9% May
24 %
250
17
25 %
250
19 % May
10%
200
10%
64
12%
64
10
21%
12%
12%
450
25
26
22
21%
&
Libby
Pure
Oil
Co
Lind.ay Lt & Chem
Middle
Field
Co
Apr
common
Mfg
National
common
111
common
common
lien
pr
pfd
7preferred
Nunn
Oak
Bush Shoe
common
Manufacturing
Peaoody
fi
Coal Co class B
Pressed
Car
Steel
Qta cer Oats Co
Rath
Packing
Sangamo
Cummins
&
Prod
Spiegel
Inc
L >uis
900
25
Oct
Oct
26
A Nov
100
8 % May
2%
450
1%
Sep
9
300
8
Jun
13
150
750
100
9%
13%
39
50
20%
26 %
15
41
27 y2
100
15%
I
Corp
Sunray Oil Corp
United Corp
Co
Laundry Mach
Products
_
_
_
Champion
Paper
Cincinnati Gas
Clnicnnatl Street
Cincinnati
8%
6 %
105
17
9%
1,850
6%
700
106
320
17%
1,300
10%
10%
100
90%
90 Va
40
30%
30%
30%
29
29
29
18
18
38%
38%
13
100
200
50
900
Swill & Co capital
Thor
Co.
stock
(The).
Co
(The)
7%
5%
93
17
9 %
85
28
22 %
12
13%
150
34%
1,300
14%
14%
150
10
16
16%
500
14
10%
10%
500
31
31%
150
Dayton
34%
200
200
10%
10%
950
17%
50
8%
Hatfield
Hobart
National
P
&
Apr
Nov
Range Since January
33
Low
29% May
45
I
High
Feb
37%
3%
15
2% May
5
Oct
4%
89
4
July
7
Jan
16 %
7
16
May
20
Mar
23 %
25
27%
183
25
Jun
29%
Feb
30
103
Oct
110%
Aug
Aug
14%
Feb
Jun
99%
Jan
Apr
14% May
102
19% May
26%
Feb
9%
12%
36
287
7
127
82
71
10
12
.
50
31
Nov
41%
Jan
22
100
20
Jail
25 %
July
27
40
24
Jan
32%
29
10
29
Nov
Jan
11
54
61
40
Jan
54
Nov
62
50
Sep
54
Mar
48%
51%
315
40% May
52 %
12%
12%
20
18 %
71
120
12% May
4 % July
70
71%
497
56% May
6
6
6%
529
53
53
53
48
48
49%
50%
5%
5 %
_
--
5
9
70
_--10
_
Nov
50
•
_
8%
Feb
29
12%
*
-
%
49%
_
B
_
50
49%
5%
3 %
9
52
10
bet
122
Jan
49%
Jan
Oct
Aug
6 Va
Jan
July
Julv
Feb
Oct
0%
Nov
71 %
Feb
52
Apr
52%
Feb
Cleveland Stock Exchange
Week's
Friday
Sales
Last
Range
Sale Price
stocks—
of Prices
Par
Akron
Brass
Mfg
I,ow
50c
14
Feb
15%
for Week
Sharei
Range Since January 1
High
33%
33%
200
31
58%
58 %
58%
100
53%
19%
20%
300
14
16
Feb
May
Jun
May
Jan
%
32
Feb
29
18
Products
Low
High
3%
3%
50
Oct
5%
16%
16%
15
11% May
16%
Nov
a24% a24%
(Uni
98
22% July
34 %
Jan
16'
.1
(Un)
100
& Fuel
Controller
$4.50
al55%
a
156%
3%
Feb
Cleveland
Iron
14%
Illumin.
Fen
Oct
2,'ff
Oct
7%
Jan
11%
a34
50
16%
100
14%
15
83
176
39%
15
NavigationlUn)
174%
1%
50
8234
83
•
com
Gas (Un)
Natural
Cleveland
149%
156
11
16 %
1
common
100
Electric
&
a34
69
a
10%
10 %
1
Cliffs
preferred
Electric
Controller
General
Electric
General
Motors
Oct
Gray
Oct
Great
39%
398
1,449
a50% a50%
5
5%
*
(Un)
common
(Un)
common
Lakes
Halle
Bros
5%
preferred
Industrial
Oct
In'terlake
May
16% July
Steamship
Jones
& Laughlin Steel (Un)
Kelley Island Lime & Trans
17%
Lamson &
Sessions
McKee
G)
May
Nov
(Un)
27% May
13% May
11 %
80
Feb
(A
Medusa
Oct
Nov
Feb
19
15%
Oct
Get
CO
Feb
37
Mar
44%
81
40 %
May
54%
Jan
100
3%
Sep
6%
Jan
Oct
65
July
79 %
20
32
May
39%
Feb
220
59
51%
Jan
65%
Feb
44
41%
Jun
61%
Feb
17%
50%
.
17%
915
17%
Oct
23
Feb
75
75
115
70% May
75
Jun
50%
125
50%
Oct
54%
Jan
35 %
May
47 %
Oct
Jun
36%
Feb
39
Feb
50%
a46% a46%
33 %
_•
,
__
15
33 %
55
31
a34% a34%
30
27% May
11% July
16 %
Feb
Jan
14 %
Oct
.1 ♦
10
class
new
Portland
12 %
12%
183
13%
-.13%
13%
320
9
B
'*
24
2__4~'
24
25%
,41
Cement
41
41
5%
!%
320
35
5%
1,147
Nov
24
34%
4%
26
Jun
52
Jun
Oct
Jan
00
Feb
July
19
Feb
10%
Nov
N
Feb
Patterson
33%
Sep
Pennsylvania
X22
17%
July
July
34%
12
a46% a46%
1.1
Metropolitan Paving Brick
44
59
Jun
Feb
4% July
CO
Rayon
79
a36% a36%
10
50
Oct
15%
Sep
__
100
35
Feb
79
-
*
Towing pfd
Mar
38
•
*
Drug Stores
National Tile
Y
&
Central
Mfg
——1
425
RR (Un)
a
Sargent
RR
*
(Un)
May
May
26%
37%
Jan
Radio
Sep
59%
Sep
May
23%
Feb
Standard Oil of Ohio
35%
Oct
„50,
Richman Bros
13%
27
13%
a
27
al7
a
110
70
17%
167
Jun
4%
Jan
May
22%
Feb
24% May
30%
Feb
16%
26%
Feb
10%
Feb
2%
12
Nov
Oct
Corp.
Republic
May
Jan
108% July
America (Un)
Feb
U
S
...—"
a8%
(Un)
common....
16
Jun
23%
Jan
Van
950
11
Jun
13%
Jan
250
Warren
15 Vb
July
46
630
27 Vb
28
3,086
%
_f.
common
Refining: & Chemical
Youngstown Sheet & Tube
16
128
45%
28
»4p
•
ii
10
a75% a78%
108
14
—
14
54
3
2<-
3
100
a77% a79%
7% May
22% May
30%
44
Oct
54% .Feb
23%
Jan
31%
170
Feb
Aug
A Oct
9,047
a47% a47%
Steel common (Un)
Dorn Ii'Oii Works
50
11%
13%
a8%
a28 % a 28%
46
"»-*-*
Rights
11%
May
of
Steel
Thompson Products
13%
9 %
Tel
5
iff
%
79 V8
18
Home
18%
40% July
13% Oct
May
78 y4
American
Body
Goodyear Tire & Rubber
62
75
&
Feb
15% May
26 % May
300
Coach
Consolidated
94
37 % May
10%
American
Detroit
500
Sales
High
8%
50
*
Printing-
Feb
89%
page 42.
S
Jan
26%
May
32
11%
Oct
52
*
Preferred
Jan
May
3
24%
*
17
50
-
—
Playing Card
9%
21
see
U
S
10%
110
May
Apr
31%
200
Apr
Apr
100
footnotes
_
_
1.00
Cleveland
850
For
U
Clark
33 %P 34%
*
Feb
29
—
•
Feb
104% 104%
5
Feb
26
it
1
Pumps
Feb
34%
common
Jan
July
22 %
-
A
class
Jan
104%
Wieboldt Stores Inc
4%
7%
200
36
26
it
_
G
23
•
Bankshares common
Yates-Amer Mach capital
Sep
2% May
3
12%
10
_
•
180
*
Wisconsin
12%
8 %
_
preferred
190
0
common
24%
Jan
26%
-50
_
—
__
_
class
Kahn
Jan
8% May
23%
25
May
81
*
Nov
30
9%
13% Mar
Union Carbide & Carb capital
steel
gtd
_
_
Feb
110% Aug
24% Feb
2
c-
Michigan
&
May
x24% Mar
23%
5
common
4
17%
*
16
3.500
Rights
Aug
30% May
34
.25
Corp I
Trane
17%
•
16
Texas
8%
148
5
100
10%
102
—
*
16
common
20%
23%
26%
102
*
City Ice
100
Tool
17
Mar
1612
—
_
Feb
40%
common
79% July
11% May
Jan
40%
Mach
17
64
100
3%
50
.
_
15
Oil of Ind
Corp
_
_
26%
100
Standard
Sundstrand
13% Mar
100
2,700
4%
2
TeleDhone
Apr
24 %
10
10%
Feb
Feb
14
32%
4%
100
_
Apr
24
50
5
Feb
15%
30%
17
Low
1
17%
1
__
Apex Electric Mfg common
166%
10
10%
Sep
May
77 %
Shares
..8.50
American Tel &
50
common
7% May
for Week
*
Fibre
Oct
11%
common
&
common
Jun
3%
common
100
Range
8
—
23 %
11%
Corp
8%
Week's
____
48
1
Corp
33% July
28% July
of Prices
1
34 Va
1
Furniture
Jan
10% May
20
500
9
common
Container
25
21% May
2%
_
_
38%
common
Stone
100
200
10%
Par
17 % May
Forgings
Stewart-Warner
Jan
26%
Friday
200
17%
40%
Feb
31
25%
Sale Price
1,200
164
25
14 %
Nov
20%
10!
STOCKS—
10'/a
21
31%
Nov
22
Cincinnati Stock Exchange
22%
150
34%
500
600
•
9%
50
10%
Feb
9%
9%
23
14
Jan
Nov
350
6%
Jan
7%
16 %
•
common
July
% May
175
5
33%
Sep
77 %
1
.
Wilson &
17
1
,
Mar
42
22
Dredging
capital
common
Apr
25
Jan
100
175
8%
Jun
4%
Oct
Aug
20
1,200
15%
53
1,000
100
1
24%
2,000
8%
25
N
13% July
8% May
9
—
200
5%
26%
15
J
of
38
10
Feb
25
•
22%
10
22%
26 %
22
33 %
common.
GOO
9%
1
com
Feb
5
2%
new
Spring
Oil
Steel
Studebaker
Jan
11
39
*
26%
Oct
19%
Feb
*
2
capital
14
•
Feb
•
Stockyards
100
Jan
10
May
100
Jan
6%
15
29
May
26ya
18
Nov
Jun
8
Standard
Sunbeam
6% May
%
37
16
Standard
Stork'ine
11 Vb May
51 %
1
common
Nat
%
20
•
17%
May
Apr
14 % May
12% May
Oct
Feb
250
common
Feb
17%
Standard
Standard
12%
Feb
May
900
common
common
6%
10
(The)
Eagle-Picner
29%
8%
1
Corp
Signode Steel Strap
Sinclair Oil Corp
8
4%
RR capital
Magnavox
9%
*
3
300
Socony Vacuum Oil Co Inc
Jan
51%
*
32
3,300
5%
10%
Formica
25
20%
*
Corp class B
Sheiimar
Feb
700
7%
23
17%
21%
capital
39%
36%
5%
Co
Kroger
9%
capital-
Co
May
Oct
6 %
200
Feb
51%
•
35%
6%
400
70
21%
10
common
Jan
11
Mar
1
1
8%
28%
Oct
19
8%
0
common
Roebuck
Serrick
common
common
May
11
Jan
400
20%
50
capital
Elec Co
Schwitzer
Sears
7
8%
100
RR
St
com
preferred
Pennsylvania
5 Vb
27%
22
550
8%
2'%
common
100
1
Apr
56
100
Util
7%
•
20
11% May
18% May
20%
•
common
Corp
Bancoru
..west
Northwest
«
vie
common
Standard
Northern
2%
13
5
Corp capital
7%
•
15
9
i if
100
Hart inc
&
Modine
i
&
common
preferred
West
M>11ei
common
common
7%
Radio-Keith-Orpheum
Republic Steel Corp common
Sep
u
Printing Co
Marshall
1
9
_1
i>
preferred
4 !4 '/<
1
8%
common.
Feb
Car
Gallaher Drug
11%
1
common
McNeill
83.50
common
.
6%
Feb
19%
iV
_
Jun
Jan
9%
65
200
17
46%
i
common
KeJogg 'Switchboard
Lincoln
w
4%
12% Mar
13%
50
24
preferred
Drug
Leath
com
Products Common
Steel
1,800
Jan
—5
Airways Corp
Paramount Pictures Inc
Pepsi-Cola Co
Balcrank
100
10%
•
com
5%
35%
Cincinnati Union Stock Yard-
100
Tool
Feb
5 %
Mar
4
Corp
Motor
Oct
300
25
10
Pneumatic
12%
—1
Pan Amer
Randall
I
May
Co
American
Oct
4%
108
16%
27%
25
common
12%
7
*
Nash-Kelvlnator
American
10
1
capital
RR
May
2C0
III
Radio
Feb
3
(new)
Hibb Spencer Bartlett common
10
9 Vb
Sep
Jun
2% May
■
10
capital
Corp
200
9%
Last
Apr
3d
200
400
Nov
25
10%
7%
1
common
20%
rr%
May
11%
Feb
Feb
Oct
10
58%
9%
*
common
Brewing
Werner
H-'n
common.
common
Instrument
hrueinan
*
common
Great Lakes Dr & Dk
42
17
41%
May
May
Feb
16%
—
*
Razor common
31% May
,
Electric
Sep
03^
40
1
...
Motors Corp common
—10
1
Refrigerator Co common—
iieial
200
1
Television &
Preferred
Gibson
34%
Laclede Gas Light
Baldwin
10
__
34
Jan
28
to <1
5
Inc
Auto
•26
Electric
Oct
it
of
Feb
5%
12
200
50
Oct
37%
--
85
Dredge & Dock
common
Four-Wheel
2% May
400
33%
Motors
Farnsworth
American
Fiour
100
15
33
Feb
72%
•
Eddy Paper Corp (The)
Fitz Simons & Connell
3%
14%
10
Feb
8% May
8%
25
»
(new)
com
Oct
—_
10
5
common
Credit Corp
Domestic
-2%
__
Inc
Edison
Co
Cumulative
—
_
7%
May
—
«
_
3%
•
com
Radio Corp of America common
30
•
(new)_
common
8%
Feb
150
*
Chicago & South Air Lines
Chicago Towel Co common
High
Feb
35
1
*
Chicago Milw St Paul & Pac vtc
t.nrvsler
7%
21
23%
34%
__
5
Cherry Burrell Corp common
icago
Feb
13% Feb
capital
common
Butler Bros common
Castle
17%
common
(E J)
(EL)
Bruce Co
Apr
22 V2
Manufacturing Co capital
Barg-Warner
22%
28
20
Corp
Bmks
Wi
Corp
38 Ms
1
common
Low
Feb
5%
3V2 Aug
4% May
5%
3
Corp
common
Range Since January 1
High
Products
Gas
15%
Continental
2
San
Graham-Paige Motors
Bastian-Blessing Co
Low
Feb
21
Nov
8
—1
4
common
Manufacturing
13%
Shares
1
Feb
7%
Columbia
Armour &
for Week
Stocks—
Jan
17
7,500
Unlisted
10%
6% May
3% Sep
1,650
Sales
Range
of Prices
Par
High
5
Castings
Laboratories
•\.iied
Low
Week's
Last
Sale Price
STOCKS—
Sales
for Week
Sale Price
STOCKS—
7
Friday
Chicago Stock Exchange
Week's
Monday, November 10, 1947
IS
Oct
May
59%
Jan
38
61% May
79%
Feb
Jun
20%
Feb
10
2 Va
July
53% May
3%. Jan
83
Oct
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4645
166
Volume
(1919)
.
35
OTHER STOCK EXCHANGES
RANGE
WEEK
FOR
NOVEMBER
ENDING
7
of
Bale Prloe
& CO.
Rice
Ranch
Oil
Low
High
22
540
9
Jan
22 %
Oct
7%
7 Ya
470
6%
Oct
11%
Feb
60c
7%
1
Co
Range Since January 1
High
21
60c
500
75c
Jan
17 Ya
Aug
Feb
21
1
Republic Petroleum Co common..
-2.50
Rexall Drug,
Inc
Shares
prices
Low
Par
WATLING, LERCHEN
for Week
Range
Last
STOCKS—
Sales
Week's
Friday
—
52%cMay
Members
16'/a
16Ya
689
4Ya
45/a
4%
100
5
a21 Ya
a21Ye a22Va
275
•
__
—
_
Exchange
Chicago Stock
Stock Exchange
Detroit
Richfield Oil Corp common
Ryan Aeronautical Co
Associats
Curb
a37%
a37 Va
a39
328
31% May
53
54'/a
279
48
15c
16c
12,500
120
120
160
62 %c 67V2.c
3,400
16
816
Safeway Stores Inc
DETROIT
Ford Building
Jan
16'/a
"__1
*
York
New
Exchange
New? York Stock
Sears Roebuck & Co
—30
Security Company
Sierra
Trading Corp
15C
_..25C
14
7
3% May
21 Va
25% July
Jan
40% July
July
59
May
Oct
23c
10c
Sep
85
Jan
Telephone: Randolph 5530
*
Signal Oil & Gas Co class A_
1
Calif
of
Co
Petroleum
Riernal
Last
Range
Shares
Aden
Eiectric
_
Brown-McLaren
Consolidated
common
Detroit-Michigan Stove
Frankenmuth Brew common
1
Ale
Friars
General
Motors
Kaiser-Frazer
Kinsel
2'
Lansing
Wines
3%
Oct
6%
Jan
32%
23
4,817
22% Nov
12%
12%
817
10% May
13Va July
26%
200
17% Jan
26%
Oct
4%
Feb
30%
1,442
25%
29%
1,253
29
194
35%
Oct
44
43 Y4
44
510
35
Apr
61
61 Va
1,317
10%
10 %
10%
1,589
7%
Jan
12%
Sep
14%
14'%
14%
125
11%
Jun
19 %
Feb
13%
12%
13%
1,769
10% May
15%
Jan
Oil
Metal
W)
(H
Rickel
Products
common
Manufacturing
Sneller
Radiator common
Warner Aircraft common
S
Jan
American
Feb
American Radiator & Stand San
Jun
7
273
52 y2
Jan
Jan
9%
6 %
200
5
Va May
6%
7
%
625
3
Jun
7%
Oct
15%
600
14Y4
Sep
Id v4
May
5Y4
Apr
19%
19%
20%
15%
16%
2,980
2%
2 Va
2%
2,400
1Y4 May
250
35
Jan
3%
3%
3,440
3
Oct
3%
3%
600
2
2
38%
3%
Jan
Sep
Feb
15%
—
9%
65% Aug
6
39
2Y4 May
21
Feb
21%
Oct
18
Oct
2Y4
Feb
3Ya July
6%
Feb
Airlines
2
6
1%
1
1,105
6
%
1%
Sep
6
July
7oc
305
5,020
May
2Ya
Oct
3
Aug
2%
3
200
1Y4 May
2%
2%
600
2%
Oct
3%
5''4
510
4%
Sep
7%
Feb
724
34%
Nov
41%
Jan
3 % May
5%
Oct
8
34%
5 1
5%
8
36
5%
2,440
3% Mar
4%
Jan
3%
3%
225
12%
12%»
12%
200
9%
Jan
14%
100
3Ve
Jun
4%
Oct
'
8
7%
7%
12%
6
400
12%
Viscose
Anaconda
Copper Mining
&
Armour
Refining
100
Apr
11%
11
Jan
May
7% July
15
July
18%
Barnsdall
Airplane
Boeing
Pacific
Service
Columbia
4%% pfd
Consolidated
Corp
Bros.
Barker
Barnhart-Morrow
Oil Co
Basin
Furniture Co
Berkey & Gay
1 % May
3
Oct
Consolidated
2Ya
Jan
Continental
Co
Investment Corp
Central
Corp
Chrysler
new
Steel
consolidated
50c
11%
1%
__
Corp pld
Corp
Shares
5%
5%
50
50
50c 52%c
10% 11%
Corp
(N
Co
Y)
Aircraft
Vultee
Oil
(Del)
Co
1%
l'e
Bond
3Ve Jan
Jan
Sep
7%
10%
12%
7%
11%
12%
405
6,133
190
a25% a25%
30
27%
29
62%
63%
640
18
29
14
18
29 Va
14
249
265
260
a543/s a54%
60
a20
14%
60c
10
140
2,000
-—
14
Sep
6% May
6% Jan
11
Apr
1,675
—
20
—-•
Jan
1
6%
51
1.00
11%
Co
Foods
Public Utilities Corp
19% May
5b% Sep
17% May
21% May
Apr
Feb
Jun
Oct
9% Feb
13
Feb
15 Vn July
u>n
Nov
20
Feb
34% Feb
kjva Jan
Corp
pfd
Motors
Ry
Co
International
Nickel
International
Kennecott
50c
4
1
Electrical
Exeter
Products Corp
Oil Co
Ltd class A
& Merchants Nat l Bk
Farnsworth Tele & Radio Corp
Farmers
Stores
Fitzsimmons
clgss A—
100
1
1
—
—
55c
300
7%
.—
a20
14%
55c
300
7%
10
300
7%
10%
49y2 Jun
14
13
49t?
May
Apr
Oct
62
May
21% Feb
15'% Feb
2.05 Jan
3QQ
Nov
a% May
10
Aug
550
300
350
Feb
9% Feb
ll'/a Jan
7% May
46
Corp
ll1/* Oct
65
Feb
58y2 Mar
Hancock Oil Co clss8 A common
Hilton Hotels Corp
:
Holly Development Co
Hudson Motor Car Ca
*
Inc common
Intercoast Petroleum Corp
Kaiser-Frazer Corp
Lockheed
Mascot
.
Company
Petroleum
Lincoln
Mepasco
Northrop
Co
82
Jan
11V* Sep
110
Aug
12% Oct
__
1.05
1.10
1,700
95c May
& Libby
Loew's Inc
al9%a20%
160
13% May
21% Oct
225
600
4,777
2,008
15% May
65c Jan
3,550
1.15 Oct
29
Jan
1.15 Oct
18
Oct
24% Nov
1.70 July
al9%
__
15%
al2%
1
1
,
Indemnity Co
Corp common
Oil Corp
For footnotes see page
1
1%
42.
10
25
10
_*
10
a21% a22%
1.00
1.10
14% 16%
23 24%
1.25
1.30
5
al2% al2%
80c
80c
50
100
1t
May
70c May
1%
2,70p
1%, Apr
1%
75c
50
2,500
43,036
20Va
20Va
37%
48%
38
48%
56'%
56
49 Ve
47
56'A
49%
700
900
100
267
595
2.00
20Va
37'/a
a7y2
30c
19
95c
Jan
Jan
3% Jfm
48c Mar
5.% May
25c Oct
1.1Q Jan
5,150
a7V2
40c
1.95 2.Q0
70c
__
40c
May
15'A Jan
..
95c Mar
9% Feb
62'/2c Feb
2.05 Feb
13Va Jap
21% Sep
34% pun
42
55
48% Oct
54
Apr
25
Feb
17*>
J«n
51 %
Apr
155%
1,824
150%
inn
155 Va 156'/a
1%
100
58
Nov
31 % May
42
Mar
10
May
15%
Oct
45
a81% a81%
52% Mar
134
,
14%
14
71 %
May
97
Jan
38
70
32%
Apr
6
200
4 '/a
May
15 Va
16
585
a33'/2
a35%
a34
a35% a36 Va
5%
15%
a98 %
15%
Nov
Robbins
&
York
Mar
305/e
Oct
78
May
96
Jan
Motor
Pennsylvania
435/a
Sep
46% Mar
54
Oct
11 Va
244
9% May
15 y4
Feb
a42Ya
a44
40
34% Mar
a57!a a57%
50
54
36%
115
50
36%
•
70
a23
a23
a23
a27%
a27%
a28
157
3 %
*
25
•
3 %
3 Va
1.936
1
5
Oil
Jan
Feb
62% Feb
57% Qct
Standard
12%
304
11
121
Oct
41%
Mav
Jun
4%
5 Ya
267
13
Jun
26% July
31%
Feb
3%
25
Jan
Oct
.
17%
ADr
50%
Oct
6 %
Feb
20
20%
May
12%
12%
204
lu% May
i6%
Jan
Oil Co
35%
36 Ya
623
33
May
39%
Feb
70
38%
Sep
42Y8
Jan
13%
13%
290
13%
Sep
14 y4
Oct
a55Ya
a57
125
49%
Jun
65 Va Mar
6 %
13%
*
1
*
7 %
1,405
May
8
Oct
a37% a39%
85
33% May
42
July
a29
50
28%
Sep
36
Jan
al2'
al2% al2 Va
50
9%
Sep
17Ya
Feb
250
43%
Apr
47 Ya
Nov
8%
a29
46 5/8
47 3
al27/8
9%
410
Jun
10 Y4
Feb
10
19% Aug
25 Ya
Jan
12%
a34 % a34%
25
17% Aug
18% Aug
57%
160
51%
19%
a
al27/8
a
57%
•
4
13%
42 y4
Jan
Apr
62%
Feb
Oct
17
250
16
Sep
18%
133/a
133/4
1,200
12
May
22 Va
a8%
110
7%
Jun
10%
a25 %
Feb
a25 Va a26y2
75
23%
Oct
32%
Feb
27%
495
5%
5Ya
420
a9Ys
50
27%
5 Va
21% May
4%
a—
27%
Oct
7%
Feb
Sep
—
Feb
a
a45%
88
22%
Oct
30%
Jan
699
16%
Nov
26%
Feb
a43Y8 a45%
230
37 %
Apr
45
Oct
52
53
Oct
60%
Feb
10
a8%
108
22% Apr
7% May
28 ya July
a8 V4
16%
17
a253/s a25%
a22%
a22% a227/a
a537/a a53%
.1
-50
28Ya
545
23 y# May
30% Feb
16 3/4
Gulf
IJnion Carbide & Carbon Cpfp
Union Pacific Railroad Co
*
26
Mar
26
2,067
14
Mar
17% AUg
35 Va
120
30%
Jun
47
193
55 y4
Feb
13%
Sep
78% July
15 Va Jan
35 y8
al44%
Aircraft Corp
5
a21%
United
Corporation
1
10
2%
Westinghouse Electric Corp
Woolworth Co (F W)_
425
16% May
25%
350
33%
Sep.
37% Jan
57Y4
186
53%
Sep
60% May
a57
56%
23 V4
22%
United
a
105%
120
1,865
80
54%
Sep
25 Ya
Oct
106%
Oct
47 Va
93%
Jan
a—
60
a__
220
19
Sep
27% Mar
a21% a22s/8
140
17V2
Jan
24 Va
Oct
2Y4
100
4%
Jan
19%
2%
10
14%
8'74
137/a
a217/s a21%
a28 %
Apr
18% May
19%
al44 Va al457/a
a463/8 a463a
5
•
12%
——10
Feb
20%
34 Va
al04%
■
Inc
class A
5
20%
57%
Air
Inc___
al4
Feb
33%
a
United
Co
Mar
55
17
16%
al4
20%
100
10
(Del)
Feb
a76% a77%
16%
25
•
10
Company
lOYa
a33% a34 Va
15
1:1
Western Union Teleg Co
May
31
a8V2
•
1
1
25
Bros Pictures
a
3
19%
9%
a
25
(N J)
Co
Rubber
'
a37%
*
Webster Inc
Lines
Nov
a38% a38%
*
*
♦
*
Sulphur Co
Tide Water Assoc Oil
S
Oct
Jun
2% May
20%
'm
of America-
Studebaker Corp
Warner
23%
2d %
949
25
Socony-Vacuum Oil Co
Southern Railway Company
U
Sep
28%
—
Railroad Co.
Seaboard Oil Co of Del
Texas
Oct
12 y4
12%
5 %
Republic Steel Corp.—
Texas
40Ya
May
23%
a93/8
Company-
Radio Corp
Swift &
Jan
10
a
a48 V8 a49%
•
Co
Inc
Pullman
&
24
23 7
.1-1
Feb
63
23%
12 %
34 Ya Mar
Sep
295
*
*
Car
Phelps Dodge Corp
Stone
Oct
40 % May
203
all 5/a all %
10
Co
Paramount Pictures Inc
Pure
23 Ya
17
52
10%
a44
American Airways
Pan
Jun
15
85
19 Va a 19 s/8
17
Central RR_,
American
Packard
Feb
24
2z
52
18
Inc
Ward & Co, Inc
North American Aviation Inc
North
Feb
60
a43 % a43 Ya
Nash-Kelvinator Corp
New
Oct
7%
828
a97% al01%
a
2^ Oct
430
58
58
ft
1% Nov
2,914
2
a33% a34%
a34'/;
1
Company
Magnavox
McKesscn
1.35 Jan
24%
1.30
1
Pacific Finance Corp common
Pacific Gas & Elec common—
Pacific Western
47
420
1
Petroleum Co
Aircraft Inc
Petroleum Corp
Pacific Lighting
a96
12%
1
Occidental
Pacific
12%
a96
12
__
1
1
Company-
Oceanic Oil Cq
65
52% Jan
42% Jun
—-
1
10c
.
:
Co
Manufacturing
Merchants
575
523
10c
Aircraft Corp
Oil
:5
1
6.66%
Hunt Foods
Laae-Wells
♦
10%
1,1
59% 59%
a46% a46%
—
Nov
532
•
(The)
2
General; Motors Corp common10
Goodyear Tire Si Rubber Co common—*
Garrett
Oct
Feb
70
305
•
7
*
Copper Corp
McNeill
Libby
Co
Ohio Oil Company
*
Douglas Aircraft Co Inc
Industries Inc
Dresser
9>/4
16%
£'50
15
70
of Canada—•
Corp
*
Tel & Tel
Montgomery
66% Oct
Co
F)
(B
Northern
Great
2% Feb
29
Corp
Graham-Paige
•—
a—
Oct
8%
5
Co
Share
&
Electric
General
50
50c
5
900
28%
—
8%
J1 % May
8Ya
1
General
Range Since January 1
Low
High
1,465
20
1,300
3,180
—
1
of America, Inc
Co
A
Goodrich
High
11
__
2.50
common
Colorado Fuel & Iron
Creameries
of Prices
20
Dept Store
Jackson
Corp
Southern
&
Edison
Consolidated
2
*
Oil Corp
Chica
Broadway
Byron
Edison
Commonwealth
800
2
1
•
Blue Diamond Corp
Bolsa
5%
1
50
1
*
1
Petroleum Company
Bandlni
Electric
&
Gas
540
Low
Jan
14%
10
Co_
Commercial Solvents Corp
2%
Range
Sale Price
Sep
69 V4
*
Caterpillar Tractor Co
Cities
General
Par
Apr
6c
69%
25
25
Co
Ry
Co
(J I)
Case
Electric
STOCKS—
2.00
12c
Feb
•
15
5
Borg-Warner Corp
2 %
Sales
for Week
Oct
Jun
520
5
Co
(The-)
Borden Company
400
Week's
41%
Apr
8,000
13
5
*
Co
Oil
Curtiss-Wright Corp common
Last
Feb
79 Va
5c
1.00
400
5c
a5c
Feb
Angeles Slock Exchange
24% July
103% Sep
2%c
1.05
3
Baldwin Locomotive Works
14%
Jan
May
5c
-5
Corporation
Avco
2%
Friday
23 %
a5c
& Santa Fe Ry—100
Co
(Thet—
25
Topeka
Atchison
Atlantic
Class
Los
63 % May
5c
.50
Co.
(111)
Co
14%
—
200
14
Corp
American
2%
1
544
1%
Commonwealth
14%
78
39%
Oct
3%
3
—
75
a5c
wi
Rights
Canadian
34 %
Nov
Apr
5 1
—
96
Jan
6Y» May
V/a
40
39 Y4
--
-1
Corp.*
Bethlehem Steel Corp
l7/8
96
75
25c
25c
Co
81 Refining
American Tel & Tel Co_
Smelting
Oct
40
May
Feb
Stocks-
Unlisted
6V«
400
20
1
2%
3,082
1,260
.100
Co
Chollar G & S Mng
Imperial Development Co Ltd
Zenda Gold Mining Co
Oct
1.235
1
Products
Screw
Wayne
Cons
Jun
7%
24
Mar
47
62% July
Mining Stocks—
Via
9 Va
237/a
1.05
•
10
4
59%
40
51% Mar
_
_
Corp
Steel
States
Universal Cons Oil Co
9% May
15%
1
1
Corporation
Udylite
Preferred class A
United
36
96
23
__
621
a
25
*
400
6
1
Brewing
Tivoli
_.
100
59%
2
1
Superior Tool & Die common
Feb
2
Oil of California common-
Union
%
7%
*
*
1
2
1
Davis
Parke
14%
Corporation
Transamerica
Amer
*
2
Car
Motor
Packard
Peninsular
Sep
50c
Textron Inc
1
87
36
•
Sunray Oil Corp
4%
6
Stamping
NaiiOnai
2%
2,150
27% Mar
[
12%
1
common
Sugar
Michigan
3
Pacific
1 Va
.
Jun
32% July
1,333
25%
29
4 %
common
MrClanahan
U
425
1
Products
Screw
McAlcer
Feb
5%
3
Jan
295/a
30%
25 Va
29%
12%
2
common
12>/2
May
6% May
5Ya
1 Va
10
(S S)
Stamping
LaSalle
Kresge Co
22
-
Jan
3
*
1
1
common
19
200
8
6 %
Drug
Masco
9%
Apr
8%
Car
Motor
Hudson
22
6%
—
com
275
15%
350
Brewing
Manufacturing
200
Oct
Oct
2o */2
Graham-Paige
Hoskins
Jan
12%
Gerity-Michigan Corp
Gophel
2%
16%
7%
1
10
Finance
General
Jan
l5/a
22 %
*
1
1
Truck
Motor
Federal
Feb
5%
1
1
inc.
iMticiromasier,
Oct
5%
12% May
100
2
9 Va
3%
Jun
3%
7%
1
common.;
Corp
Steel
Detroit
300
—
1
5
20
Navigation
Detroit & Cleveland
Detroit Edison
2,066
3%
21 Va
1
Bros
Davidson
3Ya
3%
10
Paper
Motors
Continental
Aug
2
3%
15 y4
34%
Nov
Oct
30%
25'/a
pfd class A.—25
Calif Gas Co 6%
Sputnern
High
Low
3%
*
Adding Machine
Burroughs
Nov
30Ya
>
3 Ya
2
Aug
25
Company
Standard Oil Co of Calif
Range Shtoe January i
High
Low
1
1
1
Products
Aeronautical
So
for Week
of Prices
Par
Apr
16 Ya
Sales
Week's
Friday
Sale Price
stocks—
1.35
May
—.25
preferred
preferred
4.48%
July
14
157/a
Co Ltd com__25
Southern Calif Edison
4.32%
45c
157/e
Sinclair Oil Corp
Detroit Stock Exchange
65c
•
Oct
130
25
a28 a29 Va
280
a473/a
a48
205
—
2% May
43% May
13"% May
17%
Jan
59
—
Feb
18% Feb
26
Oct
22 Ya May
30% July
44% May
50
Feb
-
36
THE
(1920)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, November 10, 1947
OTHER STOCK EXCHANGES
RANGE
WEEK
FOR
ENDING
NOVEMBER
7
San Francisco Stock
Philadelphia Stock Exchange
Week's
Range
Friday
Last
STOCKS—
Sale Price
Par
American Stores
American Tel & Tel
Rights
Baldwin
100
155%
Wks
13
vtc
Budd Co
—
"
Shares
Range Since January
Low
,
1,880
149%
Jun
13,109
1%
Oct
2
15
2,V
16%
325
15
Nov
24'A
Feb
Bank
11%
11%
125
9
May
15
Feb
Basin
—
23
28% July
174% Feb
May
National Bank
Atlas Imp Diesel Engine
Calif
Anglo
Chrysler Corp
Curtis
2%
he# com
Publishing Co
Electric
of
64%
9%
__
901
10%
—
18
56%
66%
Sep
6% May
325
19
1,719
18
Oct
12%
Nov
Lehigh" Coal & Navigation
National-Power & Light.
20c
Oil
Co
2
Jan
Byron
Jackson
Co
1
55%
55%
56%
341
Oct
Calaveras
59 %
58%, 60 %
703
61% Jan
65% Feb
California
22%
22%
22%
11
If
10%
10%
175
39% Jan
12
Feb'
California Packing Corp
—
May
9% May
x%
x%
65
% Aug
—
57%
1%
Jan
1
•
5%
6
6%
1,097
Pennsylvania Power & Light
Pennsylvania RR
20%
1,607
50
16%
16%
17%
3,729
Pennsylvania Salt Mfg common
10
45%
45%
46%
144
117% 117%
5%
2
"} ■.3 % v/o pfd series A
1—
Philadelphia Electric Co
--^100
—
_•
preference common
4.4% preferred
Philco Corp common
23%
•
common
tl
r
19%
__
27%
—100
—
23%
31%
3
24
27%
Jan
Cotton
115
22%
5,173
233
25
115
31%
319
21
Jan
29%
Sep
Jan
29% July
Jan
Salt
50
Oil
Dome
Corp
18
1
common
Paper
•
18
18%
180
10%
12%
1,350
45%
12%
__
46%
140
120
Aug
33%
17
•
55%
53%
55%
__
63%
63%
-1%
1%
210
1%
49
Apr
4%
4%
1,189
3%
Jun
2%
110
I,665
240
240
240
25
11
lp/8
200
10%
Oct
11%
Nov
6
7%
11,225
4%
Jun
7%
Nov
Low
__
7%
a25% a25%
__
7%
Bridge—
participating
Tonopah Mining
*
Transit Investmt Corp 6%
part pfd__25
A
United
Corp
1
—
1
common
$3
preferred
United Gas Improvement
20
Coal
46
Consol
24
1,452
24
24
35%
—
36%
20
27
Oct
6% Mar
8
Mar
3%
550
9
850
3%
7
31%
663
3%
9
30%
__
a51%
a51% a51%
57 %
,
57%
395
1.45
1.45
6,635
63
1.45
Mar
26%
Crocker
Apr
class
a27%
a27%
A
•
5
1
of Amer Inc
First
Nafl
a28
43
236
43
100
5%
5%
150
11%
n%
119
13%
14%
730
__
__
__
1
Bank
Corp
13%
100
common
347 %
8
common
•
347% 347 %
32 %
Alleghany Ludlum Steel
-•
Arkansas Natural Gas Co
Blaw-Knox
32%
__
2
B
Co
Emporium Capwell Co
Eureka
Columbia
Gas
Duquesne
Brewing
5
Steel
10
Follansbee
Fort
&
Electric
•
Pitt Brewing
Walker Refractories
Mountain Fuel
Oil
Ohio
&
Supply
High
32% May
65
48%
4
123
Feb
7
Feb
11%
245
10
30
325
23 % May
31
31Va
31%
31%
15%
32%
25
8%
Farnsworth
&
110
12%
May
Jan
7% May
12
Oct
July
10 %
Oct
Jan
Hale
Bros
Hancock
Ban
Toy
Mining-
197
101
Oct
108
107
May
130
vtc
Hudson
Hunt
Westinghouse Electric Corp
Foods
7% May
9%
Feb
Langendorf
4%
5% July
19"%
Apr
26%
Oct
12%
37%
12.50
28%
90
100
18c
10,020
9
37%
Sep
16%
27%
1% Mar
Sep
Jan
29c
7% Sep
33% Mar
270
96
29%
•v
Sep
14%
Feb
43
July
39
27% May
22% May
88
V
-...
.
u,
Oct
16%
33
16% Sep
32
17
16
May
32
Jan
60
60
10
60
80
Mar
8%
9%
950
6
July
May
11
Feb
41
41
370
23
Jan
41%
Oct
40
40%
610
32 V* May
49%
Jan
,V,
3%
1,350
2.30 Aug
3%
Oct
7%
7%
3,641
May
9%
Feb
71% May
5% Mar
92%
Jan
Idaho
Power
Cal
class
A
__
3
__
1
7%
a78%
6%
6%
6%
285
6
6
6
400
59%
59%
507
52% Jan
a78V8 a78%
_.
66
5
4%
Jan
Oct
1.40 May
Jan
Jan
8
6% July
65 % Feb
20%
530
19
28%
Feb
20%
100
20%
Nov
23
Jan
25 %
_.
21%
20%
20%
25%
150
24% May
35
Feb
May
390
26
23 %
1,382
22
11 *11%
1,454
a24% a24%
11%
28%
23
10
May
34%
Feb
Sep
9% July
35%
Jan
11%
207/a
Oct
Oct
29
Feb
105
July
*
Co
99%
99%
186
94% July
20%
20 %
427
17%
a20% a20%
115
•
Apr
25%
Feb
21%
Oct
29
Jan
Feb
12%
Oct
37%
Feb
1.45
Feb
14
22
22
320
May
15% May
12%
12%
120
10
33%
__
6.66%
common
15
33%
common
1
class
A—
Leslie
Salt
Co
7
1
Lyons-Magnus class B
*
70c
Jun
29%
23%
36%
9%
10
Libby McNeill & Libby
Lockheed Aircraft Corp
Nov
100
II,560
23 %
__
33%
75c
16%
29%
•
Bk
Class B
15%
640
75c
14%
P2
Corp
Utd
12%
20
Co
(R H)
&
Co
Marchant
•
common
1
Calculating Machine
5
Co common
1
10
National Auto Fibres
National
Co.
City
Natomas
&
28%
__
23
*
Morrison Knudseii—
Lines
North
American
American
Occidental
Missouri
1
common
Company
North
1871
North 4th St., St. Louis 2,
__
•
Magnavox Co
.• i^-..,
St. Louis Listed and Unlisted Securities
300
8%
*
Co
Mining
Menasco Mfg
Established
•
__
1.20 Aug
150
5% May
27% May
34%
Jan
175
20% May
30
Jan
36%
150
33% Mar
38% July
9%
590
8% May
al2% al2%
50
10% May
3%
100
3
May
a35% a36%
__
al2%
86
33
Aug
3%
__
18 %
Oct
10%
Apr
20
Feb
4%
Feb
30% July
mktrn
Edward D. Jones
Jan
16%
"
Hutchinson Sugar Plantation
Macy
•twmrrnr^r-'^
Oct
Jan
10c
200
37%
"
16%
•
Inc
Car
Kaiser-Fraser
37%'
34%
16%
10
common
of
Inc
Feb
9
_•
.
Motor
42%
37%
*
Apr
16%
•
Co
Apr
15c
16c
1
25%
2
common
Pineapple Co Ltd
July
5
—1
com
Alloys Steel
Westinghouse Air BrAke
Oil
Hawaiian
75c
9%
390 % Mar
936
10
Service
Stores
32%
5
Oct
32%
5
•
308
8%
Feb
Jan
325
•
200
•
340
23%
1.25
Gladding McBean & Co
%
*
11% May
2%
common
common
Greyhound Corp
132
80
40
Radio
Corp
preierrcd
2nd preferred
14%
%
Feb
1.25
Golden State Co Ltd common
IXL
United States Glass
Linen
25
38%
393 4
&
Kleiser
14%
10
Vanadium
Tele
Machinery
25
5
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
Pittsburgh Steel Foundry common
Oct
6%
17%
July
20
May
13% May
11%
10
Gas
Low
100
16%
8%
44
Range Since January l
29%
•
Jan
1.25
1
General Paint Corp
30
1
Harbison
Nov
Oct
32%
24
•
common
Corp
Shares
15%
*
Apr
5% May
11%
17%
29% July
120
•
General Motors Corp common
High
5
.
Jan
Conv
5
34%
Oct
66
120
41
Nov
37% July
of Prices
*>
common
common
24%
Cum
32%
Feb
Aug
5
Co
El Dorado Oil Works
Sales
32%
25% Sep
28% Oct
102 102%
__
102
*
Abbey
Class
for Week
£010
1.65
Jun
$3 cum preferred
Doernbecher Mfg Co
Range
Bate Price
Par
Jan
Jan
Feb
Mar
Pittsburgh Slock Exchange
STOCKS—
Oct
55
57c
25
Ind
Zellerbach
Galland
Week's
Jan
32%
63-
Sep
preferred
Food
Last
Oct
6% Mar
11
50% May
13
Preferred
Foster
Friday
52
*
56%
Coppermines
24
Jun
24% Apr
1
57
Oct
Sep
10
Vultee Air Corp
Crown
Jan
4%
Sep
18
50
100
OCt
20% Aug
640
Di Giorgio Fruit Corp class A com
Jan
1%
53
260
100
7%
115
Edison
Chemical
Consolidated
Cons
Jan
5
Sep
Jun
63%
65
45%
Jan
192
a25% a25%
Cypress
2% May
50
23%
23%
10
Westmoreland
46
__
13%
Westmoreland Inc
2%
—
5
Jan
6% May
12
al5% al6%
74% Feb
Sep
36
al5%
a25%
*
cl
59%
10
High
Apr
415
7%
Tacony-Palmyra
Class
28%
A__2%
common
50% May
441
8%
2.50
Iron
Broadcast System
Commonwealth
2nd
Sun Oil Co
8%
Oct
22% July
12% Nov
May
7% May
41% Mar
•"
Mining Co common__l
&
Fuel
Columbia
Creameries
Reading Co
8%l
common—.31
Chrysler Corp
27%
Nov
26%
434
._5
-.50
Colorado
Feb
118 ■"
Oct
27%
High
32 %
Feb
51% Jart
July
Mills
Preferred
27
Nov
<!
common
Caterpillar Tractor Co common
22% Jan
18% May
16%
38% May
115%
115
7%
Co
Cement
Central Eureka
Pennroad Corp
Scott
*
Calamba Sugar
47
10
*
100
Oil
•
Brothers
2.50
Range Since Jannary ]
Low
32 %
__
Feb
24%
Jan
20
Assn
10
Battery
Qaperal Motors Corp
<
Natl
California
5
Storage
iMftel
62%
62%
•
13%
Shares
j\f Oct
Bishop
Delaware Pbwer & Light
for Week
of Prices
Par
High
155% 156%
„
Sales
Range
Sale Price
STOCKS—
1
170
1%
Exchange
Week's
Last
25 %
—
Locomotive
Friday
High
24%
25
i
w
of Prices
Low
•
Sales
for Week
Oliver
•
Invest
Oil
6'■'<
pfd
100
Cons
10
Filters
1
class
B
*
258
12% May
Sep
12%
12%
33%
33%
175
29%
1.15
__
__
1.15
1.40
5,463
1.15
Nov
17
1,180
12%
Apr
15%
__
905
11%
a9%
20
12%
__
11%
a9%
11%
1
Petroleum
Utd
a35%
12%
150
80
80
36%
33
80
36%
9% May
9
11%
38
Sep
i7%-
wm
40 %
Ma^
3%
Jan'
17
NOV
14
Feb
July
14%
Jan
Jan
13 %
Jun
50
80
May
88
Mar
1,215
24
May
38
Oct
25c
27c
1,000
12
500
8%
8%
200
7%
Jun
12%
Jan
6
__
35c
11
35c
6
515
5%
Sep
9%
Feb
Jun
42%
Jan
10
Oct
Mar
60c
Feb
13
Jan
Members
New
St.
York
Stock
Louis
Stock
Chicago Stock Exch.
New
York
Exchange
Curb
Exchange
Pacific
Phone
Exchange
CEntral
Chicago Board of Trade
Bell
Can
Co
Pacific Coast
7600
Teletype
SL 593
5
Aggregates
Associate
6%
1st
$5
Friday
Week's
Range
Bank
Inv
Shares
Bldg & Equipt
Brown
Shoe
Elder
Brewing common
Mfg common
General
Electric
General Motors
General
Shoe
common
common
(Un)
12%
Jan
14%
Oct
210
6%
Oct
7%
Brew
(new)
20
26 %
Jun
36%
Jan
15
15
15
7%
Jan
15
Nov
7
12
12%
21
21
30%
10
*
170
12
Nov
15
59%
14
Jan
21
30
31
36%
95
32
90
51%
55
26% May
36%
36
Nov
39
Oct
Sep
13
Nov
May
34
Nov
100
60
31
38%
36
38%
13
13
13
20
12%
34
20
25
34
2%
100
2%
290
353
Stix-Baer & Fuller
Wagner Electric
common
common.
For footnotes see page 42.
387
96
76
Go's
10
*
common
56%
__
__
__
95 %
10
101%
12%
92
a
150%
5
a47% a49%
€0
26%
a70% a72%
65
65
a57% a58%
__
a49%
__
*
Co
Pig'n
Whistle
conv
prior
105
150%
a
150
Oct
Feb
Aug
Oct
105
Feb
15% July
129
Jan
162%
Feb
57
Aug
Oct
May
78
Feb
56%
Oct
63
% July
14
Oct
35
Feb
25%
Feb
45
Oct
59
Nov
7%
1%
Oct
4%
Jan
Sen
10%
10%
10%
110
May
12
Feb
9
12
4%
Jun
Jun
7
Feb
' Nov
19
100
15
July
19
18%
18%
100
18
Mar
22%
Co
Jan
18% May
29%
Oct
36%
35%
Jan
38%
Feb
10
Jan
22
1
Bros
S
and
San
W
Fine
Foods Inc
Mauricio
Mining
Sears, Roebuck & Co capital
10
5
10 pesos
*
Union Oil common
15
Soundview Pulp Co
Calif Edison—
5
Shell
55
35%
60
18 %
18 %
320
15% May
21%
11c
37%
21%
12c
37%
290
20% May
14,800
398
30% May
31%
31%
255
25% May
33
34%
2,540
27% Aug
35
Oct
25%
461
25%
29%
Jun
125
19%
Oct
Apr
14% May
25%
17
July
31
47
Jan
Sep
Feb
—
21%
12c
37%
—
9c
May
21% July
26 V*
20c
July
Jan
40% July
33% July
Feb
33%
Oct
25
35%
35%
375
35%
Oct
40% Mar
•
44
44
44
728
35
Apr
47
Sperry Corp
Spiegel Inc common
1
17%
„
a21% a21%
a 10% a 10%
61 61 %
120
—
2
155
23%
Oct
33% Jan
Standard Oil Co of Cal
7%
270
6%
Oct
10%
Jan
Tide
13% May
18
Jan
Transamerica
33
55%
Oct
May
685
Southern Pacific Co
preferred
So Calif Gas Co prefererd ser A
26%
40
40
25 %
35%
4.32%
6%
411
275
35 %
22%
al57/B
36%
a21% a21%
22%
22%
al5% al6%
Southern
26%
14%
93
150
1
com
Manufacturing Co
Oil Corp common
25
55
59
28
25
Petroleum
50
14
59
1
Feb
17% July
19
53%
50
43%
62
28
727
100
Preferred
Safeway Stores Inc common
44
14
16%
43
Feb
44
5
16%
43
1
Jan
IB
16%
*
pfd
Puget Sound Pulp & Timber
Railway Equip & Realty pfd
Rayonier Incorp common
Roos
Oct
*
A
14
100
Feb
37%
25
(Un)
13%
95 '/a
*
*
common
65%
25%
100
common
Feb
Jan
97
105
American
62%
•
50
5%
North
Apr
Richfield
41%
16%
St Louis Public Service class
54
Rheem
31
5%
Cement
328
Feb
1
common
Feb
56%
10134 101%
Nov
41%
16%
Portland
38%
39%
31
5
Blanke
41% Mar
Nov
31
Apr
41%
4
Meyer
Nov
32%
May
•
Laclede-Christy common
Missouri
21 %
58%
5
common
35%
594
100
Phillips Peti'oleum
Republic
Laclede
Gas
1,858
Nov
30%
100
common
Paraffine
Nov
10
35%
•
1*
common
3,459
35 %
33
—
Jan
33%
1
Preferred
Knapp-Monarch
500
Hiah
6%
l
(Un)
Hussmann-Ligonier common
Huttig S & D common
Hydraulic P Brick common
International Shoe
14%
Low
33 %
5
common
Griesedieck-Western
14%
High
7 %
Falstaff Brewing common
Service
common
Preferred
3
10
common
Columbia
Public
Tel & Tel
38
35 %
32%
•
common
Pacific Western Oil Corp
Range Since January 1
15
common
common
Century Electric Co
Low
1
common
Pac
37%
35 %
25
for Week
of Prices
Par
American
Pacific
Sales
Last
Bale Price
STOCKS—
Lighting Corp
preferred
37 %
34%
25
preferred
Pacific
Exchange
—
25
1st preferred
5%%
St. Louis Slock
5
Pacific Gas & Elec Co common
Water Associated Oil
Corp
Transcontinental & Western Air
—
•
—
10
—
2
13%
5
al5%
23%
12%
13%
al4% al5%
23
Feb
Jun
24%
Oct
30
9% May
15 %
Jan
1,788
51% Mar
62% July
459
18% May
10% May
25%
Oct
15%
Jan
14%
18
Oct
8,772
66
Jun
Volume 166
Number 4645
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
(1921)
37
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
Oil
United
Co
U S Steel
Waialua
Calif
Lines
Air
of
Corp
Corp
Shares
24
24
24 Va
530
20
Apr
a 19
al97/a
125
19
Aug
75%
78
603
62
May
20
35
24 %
Apr
78%
Hobbs Battery Co class A
Class B
•>
Holly Oil Co
July
28%
1
35
310
310
30
282% May
18
18
560
175/a May
12
12
700
9
Apr
13 V2 Aug
Idaho
25
a29
a29
4
26
Jun
31%
International Nickel
50c
Yellow Cab Co common
Preferred
18
27%
70
Jun
Low
High
25
340
19% May
25% Oct
3
100
lVa July
7
„
37%
Feb
330
Jan
23Va
Honokea Sugar Co
Hupp Corp
7
7
100
5
20
Alleghany
•
.
Corp
American
a28 %
a27% a28%
„_i
3%
*
3
*
al0%
•
15
<fc
Foreign Power
American Power & .Light
—
American Radiator & Std San
American
Smelting & Refining
Sep
100
Rights wi
2%
5%
Feb
6V2
Feb
16%
Feb
50
9 % May
15
180
11% May
1,615
1.815
1%
537/a May
15)
Viscose
Tel
Co
&
101
3
Apr
4%
Jan
50
4
Jun
7
Feb
2.65
a29 a29 %
1,900
al2% al27/e
46
2.65
•
Canada
Tel
Co
a29
•
Johns-Manville Corp..
•
Mav
Kennecott Copper Corp
Inc
__
a 5%
2.65
American Woolen Co
Anaconda
Copper
com
71
Nov
174%
65
Mining
...50
;
a34 %
Mining
Co
Atchison
Topeka
Corp
Atlas
Avco
5
Co
(111)
2
2,472
71
150
28% May
507/a
Oct
210
31 % May
41%
Santa
Fe__
3%
34%
a
3 Va
1%
Oct
,
a—
Oct
2
Navigation Co
M
M
J
&
Monolith
M
&
—3
1-4
2.80
1,525
'
755
Jun
Feb
3%
10
Mav
15%
Oct
a81 a81%
5
Locomotive
135
69
May
96%
23
Oct
25% July
5%
8
5%
420
4% May
7%
Feb
Bendix
Aviation
al5% alG'A
215
16% May
24%
525
77/a May
16%
Feb
Oct
11%
.5
.
Ccrp
—a
Y
N
Central RR
American
Aviation..—
American
Co
Packard
Pan
common
American
Canadian
Pacific
pfd
*27
2%
Jan
Pennsylvania RR Co
Apr
98%
Oct
Pepsi Cola Co
4%
84%
2,244
20
132
a43% a43%
315
18 Va
10
109 % 109%
12
Railway
.25
Chesapeake & Ohio RR
Cities Service Co
Columbia Gas &
Columbia
—25
commot
—10
11 %
43
Packers
...
a37 %
3%
Commonwealth
&
a
43%
a
44'A
Apr
Edison
Consolidated
Natural
Co
of
N
Gas
Co
Continental
Motors Corp
Steel Co of America
Crucible
•
Y
5'A Feb
Phelps
Dodge
Mill
Corp
10
_
23
Feb
Jun
Curtiss-Wright Corp
Sep
112 '/a
Feb
Radio
9% May
14%
Feb
Radio
Keith
42% May
86
26
Jan
10 Va
45
a23 a23 %
90
3%
22%
24
Eastman
a9%
Apr
Mar
Inc
Kodak Co
Electric Bond & Share Co
a45 VH
12%
General
Food
_
__
Cement
...
Great Northern Ry non cum pfd...
Aug
37/a
Jan
Nov
29%
Feb
6
a9%
44%
Jun
49
SeD
May
12%
Jun
36%
Feb
7
40
24 VB
4 Va
25
25'A
448
5%
100
Feb
217/e May
27 Va
Oct
6Va
Feb
5
4% July
43 % Sep
47% July
12
10% May
16
a45Va a45 Va
a
12%
class
Co
35 3 4
a
12%
■
5'/a
5%
695
9%
9%
23'A
730
9Va
180
21%
—
9%
23%
—
16%
16%
a
26 %
'Jan
Co
Argus
Can
.
Warrants
Bell
10%
50
a53% a53%
50
Pow
&
class
Pap
A
Brazilian
Light
&
Columbia
Columbia
Class
Products
a26
180
21% May
28 %
8%
300
7% May
10%
a
Feb
11
300
10%
Sep
15%
Feb
27% a28%
100
23
May
30%
Feb
a39% a39%
19
Silk
5%
16
15
common
1
1
30 Va
Nov
Standard
Brands
•
Inc
34 Va
26%
25
Standard Oil Co of N J
Btudebaker Corp
1
common...
Swift & Co
25
Texas Company
common
United
Aircraft
Corp
Corp
Utah-Idaho
of
25
5
26%
236
26%
Nov
35
a77 %
__
a33 V2
a76% a77V2
298
63% Mar
78% Aug
20
a6% May
24%
Feb
a33% a33%
30
32
Jun
36 %
Jan
58 V2
578
53%
Sep
64% July
58 Va
..
a21% a22Ve
2%
2%
115
4 Va
4'/a
4%
2,668
13%
Warner Bros Pictures
Westates
Petroleum
5%
•
52 %
Jan
May
44
July
FOR
Air
Woolworth
LISTED
WEEK
ENDING
Lines
Inc
Motors
(F W)
common
of Prices
Shares
Davis
for Week
Low
18 "2
High
Low
Dominion
High
Shares
Low
Dominion
Coal
6%
&
20
20
185
19%
Oct
918
40
9 Vs
Oct
11,133
22%
Jan
23% Mar
9%
59
Oct
l'/«
Foundries
Steel
common
_
212
211
212
73
192
Mar
2514
25 %
740
25
Oct
27%
11%
11%
11%
395
10
Jun
12
7%
7%
7%
1,675
75c
75c
1,400
27%
27%
315
26
21%
22%
420
19
6% May
75c
Oct
220
9%
22 "A
173
173 174'%
21
20%
•
3%
3%
25%
Oct
Feb
Mar
Feb
Jan
May
30%
May
23%
Feb
996
165
Oct
20
May
Va
23.085
26
620
Dominion
•
1,440 '
2 Va
100
14 Vo May
1,197
30%
17%
17
17%
400
0
28 %
28'%
28 %
20
28
Oct
32
Jan
29'A
29
29 'A
385
28
July
33
Jan
36
36
36
520
34
Oct
42
Jan
36
Jan
38 % May
Dominion
7 r/o
Dryden
Electrolux
Anr
4%
Jan
3%
Jun.
Paper
20
Aug
28
May
29
Jan
5%
32%
Feb
5 %%
8%
75
Oct
8%
Sep
19
1,180
17
May
23%
Jan
29%
335
29
Nov
31%
Jun
8% July
11%
Jan
13%
13 %
13 3 4
715
13
40%
40%
330
40'A
Nov
50
Mar
24 %
24
24%
4,603
22%
Sep
27
Feb
•
13 %
13
13%
910
12
May
147/s
Feb
16 %
17
440
16%
Sep
19'A
Jan
59
Aug
17'A Feb
59
59
160
56
Apr
67%
Feb
38%
38%
275
38%
Nov
42%
Jan
$1.00
series
25
23 V2
24
145
23%
20
14%
15
25
30
30
*
38
38
'7c
Canadian
Cottons
6
Canadian
Foreign
Investment
Canadian
Class
Ind
Alcohol
pfd
class
A_.
16Va
B
16 %
Nov
25
May
14
July
17
Jan
100
30
Apr
32 %
Jun
5
30
Apr
38%
Feb
30
Canadian
Oil
Companies
Canadian Pacific Railway
Plow
Cockshutt
Consolidated
Mining
& Smelting
Glass
For footnotes see page 42.
25
*
5
*
100
18,141
12% May
425
21% May
27%
385
25%
30% May
18'A
Feb
26
26
Jan
30
Nov
May
25 %
50
25%
Nov
22 'A
22%
615
22 %
Nov
103 108%
1,840
92
Jan
109
Oct
5
180
Mar
185
Jun
182
182
26
Feb
100% 102 %
295
100 %
Nov
30%
32
2,635
17
Jan
19
19%
125
19
Oct
17%
17%
17%
1,610
10 %
10
10 Va
220
18%
18
18%
1,475
32
106% May
preferred
57»
32
21
Oct
Jan
Hamilton
Holt
11% May
17%
Smith
Howard
$2.00
pfd
inc
Paper
common
preferred
Bay Mining & Smelting
270
17
Apr
20 % July
109 %
109%
52
109
Feb
110
110
10
110
Jan
111% May
111% May
100
50
50
16
500
105
50
52 Va
52 Va
35
15Va
15%*
7%
7%
4
__
7%
*
50
*
25
preferred
460
267
3% May
14 %
105
52 Vs
13
5%
Jan
Sep
18'A
Apr
108 %
Feb
Oct
55 %
Jan
May
16 %
Jan
6% May
9'A
Jan
Feb
100
14
10
100
Nov
100
31
775
24
July
32
49 %
44%
10O
30 %
49 %
285
49 %
Oct
53 %
Feb
43%
44%
1,765
40%
Apr
45 %
Feb
14
2,892
12%
Jan
15 %
July
832
13 %
Jan
15%
Apr
Nov
13 3
4
13%
13%
13%
25%
25 'A
25 %
775
25%
Nov
25 %
30%
Jan
40%
Nov
Oct
Accep
Oct
*
36 %
35%
36 %
2%
2%
632
100
100
95 'A
94
95'A
125
101% 101%
5
—_—*
18%
18%
18%
25
class
Corp
495
2%
Industrial
32
32
32 Va
301
32
Oct
38 %
Jan
34 %
8,264
32
Sep
373A
Feb
41
May
A.
Rights
preferred
preferred
Oct
16
1,085
11 %
Apr
2,160
22%
Apr
37
Jan
15
15
615
14'A
Sep
18%
Jan
International
13%
13%
13%
4,445
11
% Mav
15%
Feb
International
11
11
11%
77
11
Nov
14%
Feb
International
Petroleum
89%
89%
91%
1,482
92%
Oct
International
Power
40
40
86
78% May
39% Oct
43
Feb
International Utilities
International
6%
4
15'A
105
15%
15 Va
*
29%
Oct
Jan
250
19 %
Imperial Tobacco of Canada common_5
4%%
Feb
26
Jan
23 %
*
100
Imperial Oil Ltd
4%
19%
23
*
preferred
23
17%
1927
& Alabastine
7%
11 %
7
19%
•
Bridge
Renfrew
Hudson
4%
Tire
Lime
Jun
16'A Aug
23
July
23
•
Wares common
preferred
Goodyear
18'A July
19 %
100
100
...
preferred
Gypsum
15% May
*
com
%
29
37
17%
*
of Canada
Power
15
«
Locomotive
Corp
General Bakeries Ltd
5 '!o
1,210
Products
15'A
Canadian
Consumers
15%
-
102 %
•
pfd
A
Canada
Players
Foundation Co
25
pfd
& Heating
Famous
Gatineau
series
A
Co
Oct
40'A
*
class
—
100
*
20
1
*
pfd
Corp
Feb
•
20
108
100
Paper 4%%
K0
18%
125
Nov
Feb
29'A
31
10 Va
.
22%
•
common
Paper
Eddy
30
10%
Feb
17%
25 %
0
preferred
Feb
29
*
Mar
37
15
17
23 %
Textile
Jan
One
8%
14
Sep
37
__
common..*
ctfs
trust
General Steel
is34
Oct
3,250
33
25
B
prefererd
237/8
191
8 %
000
Chemical
&
Tar
Voting
Red
Nov
«%
25
Jan
19%
31%
Feb
2,667
4
20%
18 %
32
Nov
2
21%
25
31
26 -27 'A
Coal class
&
Nov
18%
20
preferred
Dominion Steel
26
*
preferred
Dominion
Dominion
Glass
75
*
Dominion Dairies 5%
Feb
Feb
High
Low
26
25
preferred
Jun
July
Range Since January 1
High
26
•
*
Bridge
22
75
Oct
8%
30 % July
for Week
*
21%
3,371
39
59
A
437/a
3,167
21'A
50
class
14% May
17% May
18%
21
9%
58%
Ltd
Co
36
17%
38 34
20
Leather
Distillers Seagrams
Range Since January 1
Jan
Sales
Range
of Prices
Par
Range
21%
Week's
Last
Sale Price
STOCKS—
Sales
6 % May
23 Va
7
Friday
Week's
37
MARKETS
NOVEMBER
Exchange
•
class
Nov
May
36
8
50
Converters
Feb
July
5%
44
Feb
$1.75
Canadian
60c
255
26
common
18 %
Jun
3 % May
47%
100
Celanese
Sep
25c
47%
*
Canadian
13%
10
22 %
Class A
Jan
7,053
a7
Jan
4%
,
100
20
Canadian Car & Foundry common
2,403
Oct
4Va
May
39 Va
—
3% May
500
common
340
42c
5%
24 Va
May
2% May
3
39 Va
•
100
Breweries
14
40c
5 Va
42c
common.
Preferred
17
Feb
31
Canada Steamship
5% preferred
22
2%
5
Co.
Feb
Mar
a20% a20%
1
Delaware
Sugar
26%
13
25 %
Canadian
16% July
17
July
438
May
2%
Power Corp
Mar
3,110
7
•
Northern
May
14
675
17
30%
205
28
Canada
14
16 V#
16%
30 Va
17
134
100
preferred
Nov
29
Burrard
$1.30
Aug
19
10
2%
common
40 %
14 % May
10
100
Dry Dock Co Ltd class A
40 % Aug
28%
Building Products
Canada Cement
20
150
a6%
pfd-.100
Mills
19
July
1
Corp class A_*
Canada
Oct
--1
*
Rubber of
Mar
Willys-Overland
*
B
British
Bruck
Forest
Power
Nov
58
8%
25
Cal Ed Ltd
Enamel
British
British
10%
Oct
Westinghouse Electric Corp com—12 Va
*
Power
6 'A May
54
Oct
100
Trac
45 Va
Va
■
Telephone
33% July
10%
10
So
Donnacona
Bathurst
26%
Jan
37% May
2,185
_
Asbestos Corp
Nov
25 %
447/a
7'A
25
Corp Ltd common
Feb
16%
32
595
44 %
39% Aug
»
pfd
Feb
Jan
6%
Jun
*
4%
15
30%
1
*
Corp
Nov
Sep
Feb
•
of
Feb
39%
•
Electric
Oct
7%
Sep
60%
•
Aluminium Ltd
Amalgamated
4%
July
864
17
a26% a27 %
Dominion Stores Ltd
Aluminum
Oct
125
32% May
39% Jun
*
Aigoma Steel common
20
Jan
43
20
common
Jan
106
14
2o
Sugar A
Agnew-Surpass Shoe new
13
140
38
Par
Acadia-Atlantic
Apr
570
1,216
Sale Price
Paper com
27%
24
19%
19
a39
STOCKS—
&
Feb,
36%
Last
preferred
22%
a 46%
Friday
preferred
32%
120% 121 Va
A
Canadian Funds
Power
Oct
May
a46%
Montreal Stock
$2.50
May
14
23%
11
United
May
6%
RANGE
$1.50
—
50
a27% a27%
19 V2
a27%
Feb
60
CANADIAN
Abitibl
Feb
10%
Feb
Feb
7
a387a
—
_
common-
common
117
Sinclair Oil Corp
Western
Graham-Paige Motors
Oct
*
a
Corp
Goodyear Tire & Rubber
Feb
22
Oct
Nov
22%
961
•
—
43
al9%al9%
Orpheum
Oct
39%
70
930
5 %
5
General Electric Co
a26Va a26%
8%
Republic Steel Corp common
Reynolds Tobacco class B
370
5%
10
•
Feb
19 Va
23 Va
'
Riverside
26 Va
5%
25 %
...
64
Apr
May
17% May
12
May
a25
Jan
54%
21% May
2% May
a26 Vs a26 Vs
5%
Bridge
—
10
Corp of America.
109%
631
a52% a52%
•
Dominguez Oil Co
Dumbarton
Oct
7% Mar
Oct
3%
—1
...
al9%
Pure Oil Co common
18%
111
22 %
•
—
a53%
40%
125
1
.
al7 al7Va
20
Co
Jun
40%
70
70
a23
-.15
...
14
a8%
50
33 VaO
25
May
14Va Aug
16
770
11%
a37 Va a37%
—
•
Southern..
Consolidated
50
90
a8%
Socony-Vacuum Oil
Commercial Solvents
May
6'A Jun
116
615
1
Paramount Pictures common
Pullman
all3-. all%
u
-
10%
%
*
Elect
River
18%
a
.100
_
Feb
7%
13%
2.50
Airways
Sep
20
6%
Feb
23c
13 %
-•
common
1
503
*
California-Oregon Pr
Co
Motor
4.750
101%
a
4 Va
-.2%
_
26%
13%
100
1%
%
a43 %
Sullivan.
Oct
15c
10
598
—*
Pioneer
&
17
9,200
a56 a56%
--
10
;
Portland Cement
38% Feb
Boeing Airplane
Co
1,385
20%
Co
Oil
Pacific
32
a
1 Va
Hill
17%
22c
20%
Ohio
May
a97%
Borden
Feb
20Va
100
Mar
1 %
Bunker
7%
1
common
28
a98%
4
Feb
25%
a56%
Pacific Railway cap
22
•
—1
49%
•
S
Northern
10
1
common
Jun
19'A Aug
•
North
20
Bethlehem
Steel
43%
950
•
_i
capital
34%
a34%
Berkey & Gay Furniture Co
Blair & Co Inc capital
17c
pfd-_10
Montgomery Ward & Co
a31% a32 Va
a31 %
160
20%
Feb
11%
100
common
46%
Jan
88
3
13
Baltimore & Ohio RR
Barnsdall Oil Co
44%
17 %
21c
Feb
Sep
19%
__
1
8%
Cement
Preferred
Baldwin
17%
41
44 %
46%
19%
•
cons.
Portland
National Distillers Prod
a._
a22% a23%
.100
Manufacturing
3%
14-
a23 %
Sep
9% May
Feb
a34 Vb
5
&
28'/a
3% Feb
36'A Jan
Nov
130
43 Va
__
*
North
Argonaut
Armour &
2 .65
Feb
57% a57%
a
•
,
44 Va
•
.
Loew's
Matson
a44% a45 Va
14
Corp
Jan
4
a5 Va
1
Corp
Nash-Kelvinator Corp
American
8%
Feb
17
10%
a
71
1%
Oct
Jun
3
400
29%
May
110
3
•
155% 155%
155%
Oct
29%
3%
6C'%
_•
American Tel & Tel Co
131
Sep
Feb
a5 '/a
4
—
1
Mines
Mary
International
Co
4Va
Jan
Unlisted Securities—•
Air Reduction
Range Since January l
High
Oct
34%
100
Stores
Shares
3
25
1,1
Sales
for Week
23
Low
Par
i
—
Bank & U T
Dept
Sale Price
High
Low
High
_•
Agricultural Co
Wells Fargo
Western
Low
Week's
Range
of Prices
Last
STOCKS—
Range Since January l
.10
common
7
for Week
.25
.
NOVEMBER
Friday
Range
of Prices
Par
Union
ENDING
Sales
Last
Sale Price
STOCKS—
WEEK
FOR
Bronze
common
preferred
Nickel
Paper
of
Canada
common
Co
Corp
Ltd..
_
_
325
2';
94
101%
18%
Oct
3
Oct
Nov
100
Mar
Nov
106
Feb
Oct
26
Jan
33 %
32 %
15
60 'A
58%
60 %
5,191
63'A
Oct
*
13%
13%
13%
3.234
12%
Sep
16%
Feb
*
5
56
55
56 %
530
39
Sep
57
Oct
12
12
12'A
902
10
May
13%
Feb
•
*
38
(1922)
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
Week's
Range
Public
Service
Labatt Limited
Lake
of
7%
the
Ltd
(John)
Woods
Shares
Bros
100
Secord
Lewis
London
*
Massey-Harris
McColl-Frontenac Oil
33
155
24%
150
32
Jan
23 3/4 May
Oct
Dominion
Dominion
32
Nov
36
Jan
172
Feb
175
Mar
Dominion
17
Square
105
17
Nov
21
Jan
Dominion
Woollens
780
143/4
Sep
16%
Feb
Donnacona
50
161/2
17
830
25
28
6,665
151/2
14%
Oct
15
21%
Feb
30
Jan
Eastern
July
15%
16
60
Molson's
Breweries
13 %
Jun
20
*
37
37
385
Cottons
343/4
Jan
*
121/2
13
205
12% Mar
40 Ve July
14
Feb
Montreal
common
25
—
Locomotive
Works
•
40
17'/2
40
16
76
171/2
Tramways
Murphy Paint Co
National
Drug
&
pfd
National Steel Car Corp
Niagara Wire Weaving
23
1,800
Feb
40
Aug
41% May
46%
_
•
•
12%
Sep
22 %
Feb
Great
31
Jan
40
Jan
Hendershot
600
21
May
24
Jan
Horner Ltd
553
42
Apr
48
May
Lakes
Class
121/2
125
12
221/4
221/2
355
213/4
26%
Feb
231/4
25
23
July
26
Ottawa
Car
•
common
Aircraft
Ottawa
Electric
Ottawa
Lt
Ht
Rwys
&
27 %
49
2,280
42
Aug
53
Jan
*
new
Power
Penmans
Ltd
*
Oct
Sep
133/4
Power Corp of Canada—
Price Bros & Co Ltd common.
4%
32
•
Journal
Lambert
Oct
21
Feb
18
Sep
May
675
18
10
15
26%
29%
32
635
27% July
33
Jan
64
64%
100
64
Oct
71
Regent
40%
38 %
40%
1,115
34
Jan
40'A
Nov
14%
143/4
1,320
10% May
15%
Oct
673/4
68%
6,880
100
100
75
13%
133/4
10
18
18%
♦
Knitting
Paper
common
41/4%
50% May
Power 4%% preferred
Lawrence Corporation common
68 %
Class
A
preferred
St Lawrence Flour Mills
Class
common
Shawinigan
Water
Series A 4 %
Sherwin
6%
180
13%
&
Power
Melchers
Jan
18
Aug
common
(H) & Sons
Southam
Press Co
Canada
Power
Standard Chemical
Steel Co
7%
of
Canada
Corp
Walker Gooderham
&
Worts
West
Kootenay Power 7%
Weston (George) common
Winnipeg
5%
Electric
Limited
5%
preferred
138
139
675
213/4
„32
July
116
Jan
22
2,959
49
49%
1,070
49
Oct
168
35
168
200
168
Nov
21%
Oct
Commerce
pfd
100
July
5
140
Oct
Corp
Rands
Service
253/4
Jan
Reitman
503/8
Sep
Russell
175
Ltd
5%
18%
18%
19%
500
17%
Sep
20%
Oct
18
18
18%
315
16
Mar
18%
Sep
Thrift
7%
Feb
Union
8%
2,200
76
79%
350
75
Oct
82
May
79%
79%
15
78
Oct
89
Jan
77
25
26%
27
287
173
173
10
27%
27%
205
77
20
21%
3,506
72
Apr
213/4 May
173
9%
Southmont
81
Oct
Sep
31
Feb
13
Jan
21%
Oct
100
80
97%
Jan
101
May
135
263/4
Apr
27
Jan
Sep
23
22%
23
880
21%
27
28%
1,295
25%
36
36%
550
34
Royal
July
10
24%
233A
24%
6,520
22
Apr
22
Feb
50
Friday
50
Gas
Co
Fuel
$20,000
Auto Fabrics Prod
Bathurst
Power
class
A
pfd-:
Ltd
pfd
Millen Ltd A
7
150
20
•
British American
Oil
British Columbia
Pulp & Paper com__*
Co
Ltd
•
of
Inv
Canada
Hosiery Co
&
Ltd
Northern
Canada
Starch
Power
Co
Ltd
7%
Canadian
pfd
Dredge & Dock Co
Canadian
Food
Canadian
77c
Products
General
Gen
Ltd
Ltd
Elec
Co
Investments
50
Industries
Beatrice
Inter
Canadian
Marconi
Inv
Trust
Ltd
5%
Canadian
Canadian
Silk
Products
Vickers Ltd
class
__
1.50
5%
preferred
8%
5%
Ltd
For
footnotes
18%
14
Jan
Apr
112%
Jan
4
rtor
9%
18
Oct
18%
14% Aug
12% May
15
AUg
Nov
July
10%
10%
12%
117
12%
13
117
118
168
38C
40c
100
16,129
10
10%
116
B
13%
Apr
May
18%
Aug
17%
25
16
*
9%
9'A
9%
75
9
•
15%
15%
15 %
100
14
16
16
100
11%
100
Ltd
10
10
51
*
10
10
51
195
15 %c 18 %c
26,800
Jan
Apr
17%
25
Nov
43c
13%
Ltd
11% Mar
12%
123
Jan
15
Ltd
Feb
24c
13%
pfd
Jan
Apr
7 'A
51
May
10%
Mav
Jan
July
25
Jan
Sep
16
Nov
Jan
15%
Nov
60
Feb
Mar
1
18c
1
17c
1
12c
12 %c
Oct
15c
18c
14,000
12 %c
Jun
30c
Jan
11 %c
19c
18,900
11 %c
Nov
44c
Jan
Jun
11c
39c
7,000
46c
454,600
Lake
Gold
Gold
Mines
Ltd
11 %c
17,000
5c
26c
Sep
17 %C
Oct
Jun
89C
Sep
5c
Oct
27 %c
Sep
70c
1
9c
9c
1,000
5c
July
13c
Feb
Brazil Gold & Diamond Mine Corp
1
2c
2c
500
2c
Sep
7c
Jan
*
Gold
Mines
Ltd
11,800
48c
6c
1,500
4c
July
8C
Sep
12c
100
6c
Mar
20c
May
1
20c
19c
21c
5,000
15c
Apr
28c
Feb
Jan
50%
Feb
Manitoba
Mines
Goldvue
Heva Gold
13% Mar
7
125
5
Jun
150
15
150
Nov
160
Feb
177
23
168%
Apr
177
Nov
Oct
19
Oct
3.00
17
17
75
1.00
1.50
5,175
16%
1.00
27
43
May
80
Oct
2% May
7
Nov
67
May
9% Jan
21
21
21%
1,145
50
51
961
109
109
26
105
105
5
150
Nov
27
27
225
20
May
12
12
175
12
Nov
22c
23c
2,000
19c
May
39c
Jan
23 %
23%
100
1.25
1.23
1.27
6,100
3.50
3.35
3.60
81c
81c
500
72c
July
1.33
1.22
1.38
36.000
2«c
Juiv
32c
32c
2,000
25c
Feb
Ltd
Mines
Labrador
Jan
Jan
1.35
Feb
2.60
Aug
56c
Sep
18,300
1«40
Aut»
92c
Feb
20,200
4%c
Nov
9%c
Feb
25c
30 'Ac
35c
3,500
18c
May
45c
Sep
34c
11%
36c
2,500
25c
July
95c
Feb
11%
11%
997
12%
Sep
9.50 May
18c
50 %c
18c
1,000
10c
May
4%c
5%c
1
Gold Mines Ltd
Sep
1.60
4 65
6c
Ltd—1
Ltd
Mines
Kerr Addison
25
26c
1
Joliet-Quebec
Jan
Aug
2.74 Mav
22c
1
Mines
Gold
Mines Ltd
18%
74c
4 %c
1
1
5,050
6c
4%c
500
2c
Mar
5c
Feb
5%c
6 %c
May
13c
Jan
Mav
90c
Jan
13,500
5c
50c
58c
7,300
33c
16%
16 %
25
6.00
1
13
Feb
28c
Feb
16'A Aug
6.00
100
Mines
1
9c
8c
9C
3,000
7%c Jun
Louvlcourt Goldfields
1
1.62
1.62
1.75
800
1
2.55
2.47
2.55
3,300
1.35 Aug
2.27 July
Mines
1
3.65
3.65
3.65
100
3
May
56
Mar
66%
Sep
8.00 May
10.00
Jan
Mining
Llngside
Gold
Macdonald
Co
Ltd—1
Ltd
Mines
Red
Madsen
& Explor
Lake
Gold
3.55 May
7.40
22c
Aug
Feb
3.55
Feb
4.80
Jan
3.75
5
*
Jan
Mining Corp of Canada Ltd
Nechi Cons Dredging
Feb
1
1.11
120
Apr
Normetal Mining
•
1.60
30
63c
64c
110
8.10
64c
Melntyre-Porcupine Mines Ltd
63
8.10
100
1.04
1.11
7,225
1.01
Oct
1.20
Feb
Jan
Feb
109
Jun
2
255
Nov
14
July
23
22c
23% May
140
180
Sep
Jan
Nov
255
180
Nov
Feb
25c
Jan
14%
22%
16%
1
Gold
Consolidated
Lake
Feb
60c
May
1
1
Ltd
Jack
44c
Oct
11c
50
255
23
113
Jan
—
Mines Ltd
Hudson-Rand
Oct
14%C
3,000
1
1
Hollinger Consolidated Gold
J-M
10c
Nov
11c
1
Gold
Mines
1,000
105,200
54c
11c
20%
14%
180
Jun
Oct
50
__
Mar
22
85
__
Feb
1,695
3,494
27
7%
—
Ltd
Gold Mines Ltd
Jan
150
1
Ltd..
Mines
Mines
Lake
11%
113
__
Found
1
Mines
Ltd
Gold
Gold
25
143/4
•
Mines
Sol
Ltd.
Mines
Formaque
Oct
Ltd
Mines
12
7
23 %
__
Mining Co Ltd
Sullivan
12c
19 'Ac 22 %c
Nov
23%
1
El
High
20c
1
East
Range Since January 1
12c
1
Consol Central Cadillac Gold Mines—1
Dome
480
21
11
180
Jan
Nov
112%
Jan
O'Brien Gold
12% Aug
275
16%
May
Feb
25
Feb
190
Aug
3%
3%
100
4%
2
2%
201
1.75 May
2%
Jan
23/4
23/4
2%
31
1.75 May
3%
Feb
•
13'A
13 %
13%
25%
25%
25%
25
30
30
155
Cadalllc
Pandora
Gold
Mines Ltd
Gold Mines Ltd—'
Gold Mining Co Ltd
Pen-Rey
Pitt
Quebec Manganese
1.60
3,900
1.35 May
2.05
2.50
2.55
1,500
1.82 May
2.75
1
8%c
9%C
6,200
7c
May
21c
Feb
1
Ltd
1.55
1
Corp Ltd
Mines
19c
19C
500
8c
May
27c
Jan
1
•
—
Quebec Yellowknife Gold Mines Ltd__l
12c
9c
12c
6,000
9c
May
1.77
1.34
1.77
703,000
58c
Aug
1.77
10c 12 %C
24,000
7c
Oct
25c
5c
12 %C
18c
Oct
Feb
Nov
Mar
Feb
2
*
__
50
3
*10%
May
Red
Crest Gold Mines Ltd
Antonio
Gold
14
25
Apr
30%
Feb
Santiago
26
Jan
36%
Apr
Senator-Rouyn
Feb
3%
3
"
38
1
38
Nov
12
12
1
12
Mar
26
26
27
135
38
3%
3,000
2% Aug
22%
Jan
15
20
30
1,800
64
64
25
*
5
5
840
3%
Apr
7
7
75
6%
Feb
•
7
193/4
20
—
18%
20
11,757
10
com—•
10%
540
173/4
l73/4
75
*
8
8
8
20
•
85c
85c
1.00
1,300
3%
Feb
15%
Jan
Nov
15
Jun
15%
Feb
7
Aug
10
Jan
Apr
75c
Oct
64
Oct
30c
49
May
5% July
7% Oct
14% May
8% Jan
20 %
Oct
10%
Nov
17
18%
7'A
65c
July
Jan
Oct
8
2%
100
Jun
9c
Jap
12c
500
6%c Mav
25c
Aug
4.60
1,000
4.60
Nov
15'Ac
1
1
Ltd
Ltd
66c
16c
8,300
4.05 Aug
12c May
66c
66c
2,000
40c
3.00
3.05
350
46c
15c
May
2.10 Jan
34 %c
Feb
73c
Oct
5.35
Feb
Feb
47
27
7%C
12c
4.60
1
Ltd—
Mines
Mines
7%c
4.60
*
Ltd
Mines
7%c
1
50o
Rochette Gold Mines Co
San
Sep
8%
100
340
Jan
21%
107%
54c
60c
page 42.
725
9c
12
14%
__5
see
6
6c
15
-
50
12c
60c
L)
15
48c
100
(R
15
109 % 109%
14% Mar
22
12c
8%
preferred
Crain
Oct
48c
__
Cub Aircraft Corp Ltd
May
13
1
8%
Consolidated Paper Corp Ltd
Consolidated Textile Mills Ltd
11
1
60c
preferred
50
850
Ltd
*
common
14
36c
12%
102%
15
Preferred
Jan
Central
Advert Ltd com_*
Commercial Alcohols Ltd
13%
14%
27c
11% Mar
22%
*
Chateau-Gai Wines Ltd
Claude Neon General
Oct
14%
36c
Jan
23
1
common
Feb
Jan
24%
13%
14%
33c
Aug
14%
Cassidy's Ltd
Ltd
7%
14%
5
Cartier-Malartlc Gold Mines Ltd
177
*
common
19%
1
9 %
235
2
Products
18%
1
8
42,819
Canadian Western Lumber Co
Canadian Westinghouse Co
Food
Nov
12
Aug
15% May
*
Canada
class
Sherrltt-Gordon
Catelli
166
1,565
Candego
*
A
Jan
Jan
l
common
79
13%
23%
Ltd—1
110
7
com—*
Company
Power & Paper Inv com
cumulative preferred
104
25
■
Canadian
5'
23
Mines
3,195
•
Canadian
Oct
13%
Ltd
Red
Lake
9%
100
common
preferred
98
Bob's
Donalda
High
78'%
*
230
Beaulleu Yellowknife Mines Ltd
12%
6
50
Ltd
101
100
Mining
Mines
9
77
*
100
13
23 %
40c
Band-Ore Gold Mines Ltd_
12%
7
100
com
Feb
Jan
Low
78
pfd___100
14%
Jan
•
7%
May
Nov
*
Co Ltd
Canada
Canadian
Shares
113
1
Dominion Sugar
Canada Malting
Canadian
of Prices
1
common
11
Mining StocksAshley Gold
Eldona
100
Company
Preferred
Butterfly
__
100
Belgium Glove & Hosiery 5%
Brown
__
12%
100
common
400
23
fur Week
Low
•
preferred
cum
Brand &
*
& Paper class B
Belding-Corticelli
7%
*
•
Oct
14%
39
8ales
Rang*
Sale Pries
Par
Ltd
6%
18
Ltd
Manufacturing Co
Aubelle
Elder
Week's
Last
Works
100
9%
Oct
Centremaque Gold Mines Ltd
Century Mining Corp Ltd
1949
Limited
Oct
Nov
6'A
28%
Canadian Funds
Glove
Jun
9%
Sep
Montreal Curb Market
Steels
46
360
14
Cournor
Acme
14% July
Jan
225
8%
Cortez Explorations Ltd
Atlas
Jun
40
Apr
BONDS—
STOCKS—
11
215
6%
8
100
pfd
United Distillers of Canada
United
Feb
28%
2(i%
36%
1,015
9%
20
United Securities Ltd
Nov
27%
13%
42%
14
*
6%
Clay Products
Stores Ltd
Woods
173
10
13%
42%
9%
8
-
Co
Feb
Nov
19%
Invest
Feb
263/4
410
13%
•
Pr
10
100
21
Canada
15%
263/4
20%
Feb
•
Standard
27
Jan
12%
*
29% Mar
May
16
Jan
Apr
Nov
8
Oct
9 %
109%
Ltd
213/4
7% May
13%
225
100
pfd
preferred
Industries
150
52
50
11
*
1st
Stores
213/4
1,750
15%
11
*
of Can 6%
213/4
8%
15%
11
*
Paul Service Stores Ltd
Southern
93/a
Oct
15%
*
common
common
Sarnia Bridge Co Ltd
8%
51% Mar
52%
5
Aug
Oct
8%
Jan
5
•
a
•
Oct
Sep
9
53
8%
-
Enterprises Ltd
16
7%
Feb
Mar
8%
52 %
Apr
15
Apr
4%
21
12 % Mar
10
notes
8
Feb
28
Oct
130
10
3%
Oct
Jan
1,015
Nova Scotia-
Power
Apr
3
19%
15
Montreal
Montreal
27
471
,
42%
Paper Co
Pr
153/4
12%
27
10%
&
15%
10
20
3
July
234
Bouzan
1
27
3
5 %
20%
Banks—
Canadienne
27
Oct
Jun
11
19%
Lt
14%
100
Jan
•
Scotia
1
25
Nov
4%
Nova
32
21
9%
50
Nov
32
100
preferred
Zellers
.*
Orange Crush Ltd
*
105
5
Nov
Oct
*
—
common
9%
5
_
18%
Oct
100
_
17
50%
•
pfd
Oct
Jun
15
76
19%
•
19%
47'A
65 % May
30% May
•
Cotton
Nov
25
485
9%
Steel
10% Aug
50
48%
City
Wabasso
13% May
44%
300
190
46%
8
380
280
14'A
Oct
76
46%
79%
18%
44%
Feb
Oct
■
50
Moore
Nuclear
25
18%
44%
4%
24
55%
18%
106
*
common
May
15%
Oct
•
42
9%
9%
10
9 % May
•
common
preferred
United
■'
Ltd common—*
Ltd
Ontario
&
145
•
1,525
75
103%
75
Distilleries
17%
*
common-
Jan
55
14%
preferred
17%
15%
20
•
•
Oil 4%
17%
*
18%
44%
2
440
6%
•
•
trust
Southern
•
2,445
15%
Feb
Mar
49
54%
3'A
22%
53
•
26
104
22
3
22%
•
Jun
Jun
•
3%
8% May
Montreal Refrig & Storage Ltd com
Corporation Ltd
Mount Royal Hotel Co Ltd
Jan
25
101
pfd—100
May
Sangamo Co Ltd
Sicks Breweries
Simon
Twin
com
7%
Sep
3% May
225
Feb
20%
55
103% 103%
(H R)
Minnesota
102
50
Can
21%~*Jan
Paper
Export class A
McColl-Frontenac
17
26
138%
July
2
*
Maple Leaf Milling Co Ltd
Nov
103
100
preferred
Williams of
Voting
pfd
20
4,360
Nov
26
*
Jan
125
2.%
B
Power
St Lawrence Paper
12
10%
20%
&
50
*
10%
2
preferred
MacMillan
Feb
103
100
Nov
20
Ltd'com
Paper Co
Power
103
*
Saguenay
St
18
Feb
Jan
22%
Publishing Co of Ottawa Ltd-"
(Alfred) Inc
1
Nov
100
100
preferred
40
15
14% May
•
Lowney Co Ltd (Walter M)
Jan
64%
Quebec Power
Holland
36
11 % May
class A
convertible preferred
Jan
16
*
Transport
50
75
8,173
-I
Investment Foundation
6%
Provincial
Apr
40
Oct
Jan
10%
Paper Prod
(Frank W) class A
A
Nov
20%
100
preferred
42 % May
12%
*
Class
29
25
16
*
_«
Apr
22%
Hydro-Electric Securities Corp
Feb
14%
common
PoWell River Co
36%
d
preferred
MacLaren
Page-Hersey Tubes
20
12%
*
10
520
10
20
20%
38%
29%
20%
common
Oct
27%
10
•
common
A
4% May
27
*
48
21%
•
Canada
Hubbard Felt Co Ltd
6%
Ogilvie Flour Mills
Aug
Jan
451/4
49
35
20
Umited—
Companies
143/4
231/4
22%
*
Noranda Mines Ltd
310
•
Ltd-
preferred
Motor Co of
Fraser
20
34
22'A Aug
,40
•
Fleet Mfg & AircraftFord
High
Low
100
39
40
*
Products
Ltd
Aircraft
23
46'A
34
5
Steel
463/4
23
*
common
Chemical
34
*
Breweries
National
100
•
Paper Co Ltd
Esmond Mills
Fairchild
■f(
Montreal
Co—*
Worsteds
&
.
29
38'
40
*
Corp
Range Since January 1
High
29
Oct
143A May
23%
Shares
Low
*
Linoleum
&
15%
Montreal
Preferred
Oilcloth
141/2
17
class A
Engineering Works Ltd
15
17
Sales
for Week
of Prices
Par
David & Frere Limitee
26% Mar
16
Range
Sale Price
High
14%
525
25
•
113/4
33'/a
♦
(Robert)
Last
141/2
15 %
Week's
Friday
Low
•
■
7
STOCKS—
174 % 174 %
__
*
-
MARKETS
NOVEMBER
Range Since January 1
High
13%
24
3
Ltd
Hosiery Mills Ltd class A
Mitchell
Low
13 V2
13%
*
•
common
preferred
Laura
•
com
Monday, November 10, 1947
for Week
of Prices
Par
Jamaica
ENDING
CHRONICLE
Sales
Last
Bale Prloe
STOCKS—
LISTED
WEEK
FOR
FINANCIAL
Feb
Silver Miller Mines
Gold Mines
Siscoe
Soma-Duvernay
Stadacona
Steeloy
Mines
1
Ltd
Gold
1944
Ltd
8irllivan Cons Mines Ltd
Oct
50c
Oct
400
47c
Nov
67 %c
Apr
9%c
5,000
7c
Sep
19c
Jan
70c
72c
8,568
50c
May
78c
Jan
1,000
13c
May
22c
—1
Vinray Malartic
2.10
2.00
2.10
4,100
1
Thurbois Mines
Oil
72c
*
35c
52c
7'Ac
15 %C 15 %C
9c
12,700
47c
1
•
Ltd
Mining
Westville
44c
1
Mines
20c
20c
21c
3,000
*
14 %c
10c
15c
83,700
—I
—
Mines
4%c
4%c
5%e
19,000
•
13c
13c 14 %c
1.70 May
20c
t>c
Nov
Aug
Sep
2.80
Jan
41 % c
Sep
July
20c
4%c Nov
14c
Feb
594
12c
Sep
61c
Jun
40c
May
92 %c
Oct
4.75
July
July
Stocks—
Consol Homestead Oil Co Ltd
Gaspe Oil Ventures Ltd
1
75c
71c
75c
2,730
Aug
Home
*
4.60
4.25
4.60
910
Apr
Omnitrans Exploration
*
11c
11c
lie
5,500
Oil
Co
Ltd
——
2.94
9c
Jan
Sep
24c
Mia
(1923)
CANADIAN
RANGE
Toronto Stock
FOR
LISTED
WEEK
ENDING
MARKETS
NOVEMBER
Exchange
Friday
Week's
Last
stocks—
Sale Price
Par
Abitibl Power & Paper
$1.50 preferred
Acadia-Atlantic class
Akaltcho
Alger
Algoma
Aluminium
18 %
941
14% May
21V* Feb
21 %
3,178'
22
19%
20
510
17% May
19% Oct
102% 102%
15
20
—
1.05
.
1.05
common
•
common
500
90c
10c
Sep
59
50 V4
Yellowknife
Cons
Argus
Mines
Atlas
46,122
71c
71c
4c
200
10
1
1
49c
53c
28,700
13%
16 %c
45c
13%
40
15 %c 18 %c
12c
1
1
A
1
Montreal
Base
10
Scotia
Metals
Mining
•
Exploration & Radium
Beatty Bros
Beaulieu
Bell
Yellowknife
Telephone
Bertram
&
Bevcourt
of
Sons
1
*
1
,
Canada
class
100
B
1
10 %c
40%
Red
class
27,100
22
100
57c
72c
132,600
40%
40%
50
41c
141,300
35c
173 174%
Lake
Mines
Mines
Products
Canada
Canada
4%%
preferred
preferred
21c
25c
29,300
16c
21
21%
230
20 %
115
10
common
28c
A
Wire
16%
Oct
28c
6c
500
6c
Nov
10 %c
Feb
8c
11
Sc
16,000
5c
Aug
17c
Jan
11
11%
100
125
5,000
885
26c
class
10
1,650
May
1.00
44c
Feb
13% Mar
Oct
3%
Jan
18%
60
18
May
20
Oct
21
21%
1,875
20
May
24
Jan
Apr
8
%c
4,200
8c
Oct
32c
23 %
I,715
21 %
Oct
27
99
Oct
14
14
122
13%
Oct
6
6 %
125
24
25%
880
24
Nov
2%
2%
2,750
2
16
July
24
5%
Oct
15c
18c
30,500
15c
Jan
30c
5,300
27c
80c
Aug
May
9
29%
3%
3t)c
Feb
Feb
Feb
Jun
2,500
*
18c
17c
19c
4,600
15c
22c
Feb
24c
May
35c
22c
6,000
22c
Oct
50c
Jan
May
31%,
30
31%
Canadian
550
28
11%
12
545
11
Jun
16
12%
17%
Apr
743
12
May
17%
Nov
12c
Aug
33c
Feb
Commerce
15c
15c
500
2,41
2.60
II,320
1.70
Jan
8c
8,000
5%c
Sep
17 %c
8,150
24c
Jan
73c
6c
2.70 July
35c
5,500
9
10
8c
7c
7c
Nov
35c
Jan
May
60c
Jun
6
Oct
1.51
1.51
7%
166
1.22
2,000
1.40 May
1.10 May
2.00
1.25
Sep
1.56
Jan
18
140
1.25
13c
90
16%
155
285,652
27%
27
27%
60
27c
26%c
27c
1,500
1.15
1
1
Aircraft
45
July
43c
90c
90c
95c
1,100
60c
Oct
D'Aragon Mines
9c
Aug
30c
8c
Jan
27c
Oct
31
—1
Petroleum
25c
A
__
I
Mines
1
Detta Red Lake
Dexter Red Lake Mines
Dickenson Red Lake
—-
1
—.—
&
Coal
Dairies
3,100
30c
87c
May
44c
Aug
May
1
75c
75c
82c
40,400
18%
18 %
19 %
555
1.23
1.15
1.40
147,850
22 %
23%
2,455
25
*
preferred
4
23%
—
26%
17%
40
10%
30
20
29%
common
1
50
Steel
Stores
Tar
&
Coal
class
B
29
3%
—
2,500
100
300
Chemical
pfd
Voting trust ctfs
Dominion Woollens
19% Mav
20
Donalda Mines
Dulama
Gold
__
Mines
Ltd
28c
28c
29c
76,400
•
Duquesne Mining Co
Duvay Gold Mines
60c
Oct
lie
July
Feb
East
Amphi
•
East
Crest
East
Mines
43c
35c
45c
37,500
Oil
6%c
7c
13,500
1.90
2.05
13,750
3.35
*
—
Malartlc
East
Sullivan
Eastern
Mines
1
Mines
1
Eddy
Paper
Elder
class
3.60
*
Steel
Easy Washing Machine
10%
*
A
20
Mines
Eldona
2.00
__
Canadian Car common
—
8 %
May
Oct
15% Aug
19
19%
Oct
21
common
Dredge
79c
85c
18,662
60c
Aug
1.24
1.40
327,400
28c
May
35c
32c
39c
15,700
20c
Apr
2.60 Aug
60c
Sep
common
Alcohol
com
Feb
Oct
May
87
10
23%
Fibre
Products
Ltd
Mfg
Oct
Ford
of
*
Malartlc
•
page 42.
4.70
Oct
4.40
4.10
4.40
1,962
3.90
Sep
5.50
Feb
18
18%
915
16
50
780
48
5%
600
class A
&
Sep
26% May
Jun
26
Jan
5%
Sep
29%
Jan
*
Oct
26
Jan
11% May
15
Feb
172
16
Sep
19%
Feb
60
55
May
38
55
37
Nov
200
23%
27%
365
18
100
30
6%c
8c
5,000
5%
6%
736
class
Power
Giant
common
Gillies
43
Feb
Glenora
Nov
25
Jun
Globe
Lake
Feb
Goldale
15%
20
Feb
10
16%
240
16
Jun
Gold
11c
Feb
2
Mav
6
Aug
12
35
7,550
2
Aug
5
Feb
14
45
9
Aug
14
Sep
22%
15c
2.45
22
23
630
15c 15 %c
3,600
2.35
2.45
•
—
19%
Mines
Gold
19%
12c
Sep
Jan
May
2.05 May
13%
Feb
24
Oct
38c
Feb
3.25
Jan
20
85
240
109 V* July
20
Aug
111% May
55
5
14% Aug
105
July
107
14,860
5.40 Mav
15%
108%
1
6.10
6.05
6.25
10c
,
Gold
3,500
11%
109% 110%
109'%
•
10c
15c
19%c
18c 20%c
1
J
Lake
3c
15%
16%
108% 10o%
3c
16%
Apr
18%
Feb
Jan
7.15 Mar
164
10c
154,300
10c
July
23c
Sep
4c
11,500
3c
July
9c
Feb
71c
Aug
Nov
25c
Oct
1
Gold
Eagle
48c
53c
29, <00
42c
1.10
1.06
1.11
13,350
57c
Jan
18c
18c
18c
1,000
16c
July
22c
Feb
22c
21c
23c
6,000
11c
32c
Aug
6c
3,000
July
4%c July
23c
1.800
13c
1
Mines
16
16
16%
940
16 %
11% May
16%
Oct
25
Golden
Arrow
29
25%
29
16%
Oct
310
Golden
Manitou
80c
84c
11% May
22 % Aug
37%
Jan
3,000
Goldhawk
60 %c May
90c
Sep
Goldora
Mines
Mines
Porcupine
Mines
52c
•
1
Gold
Mines
Goldcrest
May
3%
Jan
100
May
May
May
5c
3
100
common
Oil
God's
30
11%
134
Feb
Jan
Jan
12
Warrants
67% Feb
9%
14
—
100
Yellowknife
Sep
19%
67
14
1
Preferred
Oct
Oct
•
A
preferred
Steel Wares
95
Aug
3%
Feb
Gatineau
4%
•
preferred
Canada
General
23%
Jan
100
Aircraft
•
25
23%
99
—
*
*
20
*
Locomotive
25%
July
1
common
16%
Class B
Oct
1.96
Gold
22%
16%
16%
7,691
Exploration
225
16%
170
3.95
Francoeur
770
27-
19
3.75
Jan
Mar
3,017
11%
18%
100
Kirkland
21
27
common
Preferred
Federal
.25
60
19
3.90
•
Nickel
Grain
24%
59
Feb
*
Famous
24
11%
A__®
Jan
Falconbridge
26
•
*
23%
Apr
7% Aug
37
1.36
-1
Fleury-Bissell
23%
Jan
82c
I
Corp
20 %
•
Canadian Food Products
Class A
Eureka
24 %
—
Jan
Jan
1.33
Frobisher
'
25
19
4.75
11%
Mar
20 %
25
preferred
Apr
75
21
4
Preferred
35
2.70 May
Feb
105
2,985
17
Jan
12 %c July
2.45 Feo
1
Mines
El Sol Gold Mines
23 %
16%
Jan
I
Gold
22 %
__
5c
1.50 May
14%
Fittings
300
Sep
57c
175
Fleet
13
Jan
2,825
25
July
26J/aC Mar
Jun
1.58
63,400
Oct
12%
90c
28 %c
15
49 % Mar
12%
Feb
Jan
3.60
Oct
20
1.62
10%
40
*
A
July
10
Feb
20
Feb
Nov
14 %
17
191
17c
11,500
Sep
21%
May
May
25,500
12%
20%
64c
73c
Jan
20%
30
17c
Apr
•
Feb
Jan
26% May
15
70c
18
May
TR
27%
Jan
15c
40
23
Feb
4%
45
May
72c
Sep
10
105
11
15 %c
16
19
Nov
1
36i/8 July
5
May
„_1
49
100
Nov
375
5%
8%
Feb
Feb
5,465
25%
Jan
9%
27%
1,260
5%
22 %
103%
22 %
33%
Oct
Jun
22%
18%
%
May
6%
17%
49%
8
27
22
27%
85,500
Sep
Nov"
Feb
15
1.30
Nov
Feb
26
1.17
Oct
1.40
Nov
22%
1.22
Feb
20%
11
17 %
1
Jan
98c
35
22%
10
Sep
1.70
Sep
27%
•
24
8
25
215
Feb
75c
17%
13% May
23%
13
Feb
85c
27% May
Jun
27
Feb
Jan
Aug
13
2.44
26c
25 V*
3
27
Oct
Jun
Mar
29%
40
13
Apr
107%
10
—
Feb
2%
NOV
105
*
Jan
Mar
Jan
*
&
1.50
Apr
25
3%
1
72
18
107%
44%
•
5
Aug
3%
Players
:
Fanny Farmer Candy Shops
20
70c
44%
Federal
75
1,340
7%
23%
31% July
24',4
29%
7%
23%
103% 103 %
100
Invest
14
255
30
—
Preferred
15
393
9%
—
Preferred
26%
17%
—
*
1
26
—
4
common
107% 107%
10%
Dominion
Dominion
36c
16,000
Dominion Foundry & Steel
Dominion Magnesium
Dominion
9,600
56c
common
Scottish
57c
1.60 May
8c
July
1.23
100
preferred
Malting
52c
2
preferred
2nd
6,100
50c
10
Dominion
2,650
10c
1.10
-
Bank
Dominion
1.80
50c,
•
Dominion Fabrics
1.75
26
1.13
•
Anglo
85
1
Ltd
Dominion
500
1
Diversified Mining
Dominion
55c
28,500
12c
26%
May
May
—
Discovery Yellowknife
Distillers Seagrams common
Mines
1-80
28c
26%
9c
4
Mines
20c
5,100
12c
*
class
62
%
Mav
12c
Nov
75
69c
39% May
Oct
24
Jan
10
29
—
Oct
Jan
55c
4,200
50
130
1.60
30%
Oct
44
35
40%
Oct
Julv
24c
19c
210
40 %
Jan
44
50 %
40 %
Oct
174'/a
17c
50
235
Aug
92%
1.05
29 %
95
82c
26
'
34c
1.05
29
295
Oct
Sep
Feb
17%c
16% May
16 %
147
Feb
1.05
61c
1
100
Gold
51
13 %
Oct
Jan
21
•
Patricia
19 %
3814
12c
78 % May
104
18%
13
16% Oct
1,998
1.86
•
Croinor Pershing Mines
Nest Coal
91%
150
1.75
Mills
89%
1.50
__
•
English Electric class A
16 %
Nov
37c
100
Nickel
Feb
Feb
9
150
69
37%
15
950
0
Crestaurum Mines
Dome
Jun
18,500
•
Smelting
Exploration
Denlson
Feb
8%
51c
33,800
Oil
&
Gas
Leather
Jun
3.45
July
12c 14%c
Delnite
50c
May
Oct
Davies
14%o Feb
8
Jan
Imperial
Jan
30c
19c
Cosmos
Jan
61c
40c
10
13
Sep
Jan
4.30
6%
100
16%
Feb
33c
8%C
10
50
2.10 May
30c
2,800
38%
5,700
9
35c
71
—
Feb
11
100
Aug
May
13c
430
71
3.50
5c
1,500
12
100
Nov
Aug
6
100
Jan
21c
50
42c
2.30
15,600
44,500
7%
3.10
4
see
5c
14c 14 %c
2.70
2.82
40c
2.95
20
preferred
footnotes
2.60 May
40c
2.90
•
Canadian Canners common
1st preferred
Industrial
32% Feb
7%c
2.60
*
Breweries
of
Feb
12
4
Bank
4.75
1,823
28c
Fen
17%
4
Canadian
Apr
48 %c Feb
1,55
23,000
Jan
79 %c Jan
Jan
2,108
2.50
8%c 10 %c
2.95
3.25
Oct
11%
60c
Jan
103% Sep
4% Fen
2,400
Sep
9
12,300
Dominion
3% May
65c
Nov
30c
7
25,000
Dominion
8c
23
1.19
25
A
B
Celanese
Aug
18%
—
—
For
Oct
6c
22 %
Cable
Canadian Bakeries
Canadian
Apr
2.96
50
Canada
Canadian
Aug
23%
2.90
*
Varnish preferred
Canadian
31c
May
2.90
*
class
Canada
Canadian
14
Feb
26c
__
8%c
*
Preferred
New
July
29c
4
Canadian
6
1.35
1.12
4
Class
Feb
30c
B
Conv
191
60c
Sep
30c
May
8%c Sep
47c
Oct
89c
Sep
1.12
Canadian S S Lines
Class
Oct
Aug
Mar
12%
Jun
89c
1
20
&
42
25
July
Aug
8%
23c
-
165
13,150
1
Malting
Class
Aug
May
Mar
8%
13c
15c
•
77c
Davis
91c
100
50
Lake
Packers
36
26 %c
23% Feb
'
6,400
8%
1.45 Mar
Vi
Jan
Jan
1
Preferred
Canada
Jun
223,896
21c
20c
Crowshore
May
47c
20c
84c
Crow's
4
1
Oils
Cement
19%
50c
38c
20c
Jan
Jun
2.20 Jan
2
Nov
23o
1.10 May
1.23 Oct
1
35c
40
7,874
114,056
Mines
39%
Jun
1.92
Cadillac
28%
7%c Jan
1.43
Beattie
Cub
35
1.25
Feb
Central
Oct
Oct
Apr
3.00
Consolidated
Aug
60c
14
Apr
26%
Consolidated
Mar
125
4 Vb
*
Flon
Bread
16c
25%
33
16,100
1
Edmonton
B
5.20
13% Mar
May
2.00 May
11%
•
Mining
NOV
20
9,105
40c
Bakeries
Homestead
3.90 Mav
fe.
24
25
3.00
6
4
Consolidated
11%
Fab
May
15%
7%
5
Coniaurum Mines
Consolidated
99
*
Coniagas Mines
Consolidated
5
3%
Calgary &
1
Aug
11% May
1
National
Feb
66c
3%
Calder-Bousquet
Yellowknife
18%
2.60
4
Commonwealth Petroleum
Conduits
Nov
5
5
*
Colomac
35c
62c
99
*
B
1
127/e
5
99
•
class
Lake
Colilngwoocl Term preferred
Aug
1
Gold
Burlington Steel
Class
1,399
99
*
Coin
2.80
*
•
May
1
Canadian
Canada
26,700
10V4C ll%c
—
Ankerite
1
common
11c
Feb
<
Gold
Cockshutt Plow
Conwest
110
*
Broulan Porcupine
Buffadison Gold
Dunlop
2,459
Sep
97
5
13%
5%c
•
Willans
Feb
Fed
Oil
37c
1
Jan
65c
___*
Dominion
1
38c
59
•
Cochrane
Jan
38
4
A
lOc
Oils
Cochenour
60c
3.10
Malartlc
76c
610
--
Power
Coastal
98
13%
]
High
13
8%
i
Chimo Gold Mines
Low
760
8%
1
Chesterville Mines
Jun
•
B
Mines
20c
1,610
0
Columbia
20c
4
23 %c
300*
B
45c
1
1
15
1.25
l.S'5
1
Chemical Research
Range Since January
High
25
2.80
10
May
Oct
A
l
Chateau-Gai Wines
Citralam
14%
98
13%
1
Chatco Steel preferred
OhesKirJK
Low
15
•
Porcupine
Centremaque Gold
18,100
100
class
A
l
9
Jan
Forest
Packers
Red
Sep
25
class
Central Patricia Gold Mines
Consumers
28%
35c
4
nref
Columbia
Campbell
27c
May
Jan
Railway
Central
Feb
36%
*
Elec
Shares
100
Castle-Trethewey
39c
27
1
Columbia
Calmont
6c
15%
14c
com__*
•
Cariboo Gold
Jun
135
*
British
Flin
Apr
Jan
55
•
British
Callinan
1.03
500
Lake Mines
Columbia
Co
May
13
Jan
198
American Oil
Building
30c
15c
_
British
Burns &
41c
9% Feb
15c
1
Brewls
Buffalo Red
6% May
lO'/ecMay
Feb
15c
*
Brantford Roofing
Brazilian Traction Light & Pwr
Buffalo
Sep
Feb
12c
1
Brand & Millen class A
B.uffalo
14c
70c
Oct
59
1
Bralorne Mines Ltd
British
4c
Aug
6%c Jan
37c
59
Pershing
Class
1.30 Feb
59
Ltd
common
Wirebound
8 Vic
3,200
173 %
*
Bonville Gcid
British
Aug
Sep
50
Bonetal Gold
Class
9.65
Canadian
32,200
11%
24c 25 %c
21 %
British
34c
1,100
4.45
24 '/4 c
Boycon
15c
22
"
Mines
60c
1.90 July
Jun
May
30c
66c
Biltmore Hats class A
prefericd
Bobjo
Jan
8.45
8c
37%
1
common
97c
11c
35%
Bidgood Kirkland Gold
Blue Ribbon
Corp
Preferred
Mar
3,805
4.25
27%
*
Gold
Jun
19c
II,600
15c
*
Bear
Oct
77c
182,900
11%
10
Bathurst Power class A
Nov
Oct
11,500
12C
12%
12 Vic 17 %c
25c
10
Toronto
59 %
220
7%c Oct
12c 13 %c
12%
33c
4.25
*
Bagamac Mines
45c
11c
12c
12%
Aumaque Gold Mines
Gold
for Week
—
l'5c
of
I,500
7,500
17%c
Bank
500
2,000
15c
1
Nova
8c
7%
1
of
5c
8c
40c 40 %c
40c
14c
1
A
Yellowknife
of
1,800
7%
l
Bank
78c
500
Jan
35c
350
•
Bank
1,500
8.50
1
__
class
Jan
*
Quebec
Fabric
1.90
41,649
8.50
Aubelle Mines Ltd
Auto
Nov
64c
I
-
Hardware, class
Gold Mining
Aunor
Feb
8.50
I
Athona Mines
Atlas Steel
27%
11c
*
Ashdown
Astoria
Oct
1.77
1
Armistice
Ashley
Mar
25
11c
common
Gold
188
1.40
i
Resources
Porcupine
Corp
Arjon
21
120
420
1.55
1
Feb
32c
8,665
45c 49 %c
Anglo Rouyn Mines
Ansley Gold
Oct
Jun
212
*
.—
Jan
25%
35c
1
-
10c
1.50
26c
25
39c
f
Anglo Canadian Oil
Anglo-Huronian
Apex
59%
108,700
Feb
210
*
100
1
107
Aug
1,000
11c 15 %c
Nepheline
American
1.05
12%c 12 %c
Feb
33% Mar
Oct
12 %c
Aluminum of Canada 4%
pfd
Amalgamated Larder Mines
Aquarius
102%
14 %c
American
High
21
Cons_
Ltd
LOW
17%
Mine*
Steel
Range Slnee January 1
High
18 %
*
Cos
preferred
Canadian Pacific
21%
A
Yellowknife
Pacific
Shares
Oil
4%
•
100
Gold
Canadian
for Week
20
common
Preferred
Alberta
of Prices
Low
Sales
Range
of Prices
Par
Sales
Range
Week's
Last
Bale Prleo
STOCKS—
Canadian Fnnds
Friday
7
1
1
1
6c
—
6c
17%C 17/2c
Sep
1.98 Mar
Jan
Aug
50c
Jan
2.00
Oct
3.30
Jan
48,700
8c
Aug
74c
Jan
9,600
7c
May
20c
Sep
2.04
2.04
2.10
2,250
•
19c
16c
20c
1
13c
12c
13c
39 "
40
THE
(1924)
COMMERCIAL
&
LISTED
CANADIAN
RANGE
Last
Par
Goldvue
Low
35c
26,000
17c
May
103
60
95
July
52%
164
52
Oct
11
620
10%
Oct
<1
Lakes Paper
Great
•a
Class
A
18%
18
18%
3,470
z
44 %
44 %
44'%
610
common.
preferred
150
10%
11
12 %
12
12%
77
2i)C
29c
31c
7,600
15
15
15%
470
9
9
100
20
20
50
5%c
West
Great
13% May
44
Sep
46c
Sep
Mclntyre Porcupine
Jan
McKenzie
55%
Jan
McMarmac
12
Sep
McWatters Gold
113
Oct
19 %
47 %
Jun
Mercury
West Saddlery
common
5%c
500
7%
7%
365
Gunnar Geld
10
Sep
11
Aug
Red
Red
Mills
for Week
Shares
Milton
Low
64
230
62c
63c
2,300
1
Gold
33c
33c
35c
4,050
15c
20c
15,450
16
*
*
265
16
Nov
5%c
Apr
35
15%
Sep
1.75
Oct
2%
3
11,025
8.70
5,357
1,500
Model
Feb
Monarch
Nov
Moneta
Jan
Feb
21,000
8.15
Jan
20c
9c
2%
9%
ll%c May
16
8.50
16%
Feb
16 1/4
•
Jun
Feb
62c
7c
*
8% May
29c
Nov
Oils
1
7.90 May
13
28c
29c
7%
7 Va
100
Knitting
<•
16
16
16
100
Porcupine
1
45c
45c
51c
7,730
Montreal Locomotive
*
17%
16
17 1/4
710
15
Oct
Moore Corp common
Gypsum, Lime & Alabastine
•
77
74 %
77
735
65
May
26
26 Va
15c
14c
15c
2,500
28c
31c
21,840
Works
Modern Tool
Hahn
Brass
common
Preferred
Halcrow
Hard
....
Swayze
Hamilton
Bridge
Rock
Haiding
—
Gold
jtiarncana
6,340
8%
Sep
4 %c
6
20
Jun
19
10c
May
Oct
33c
37c
35c 37 %c
10%
220
9% May
14 Vac
Gold
12 %c 14 VaC
2,000
9%c May
Mines.
10%
Carpets
Harker Gold
Mines
9%c
_
12c
9%c
13,679
7c
May
9%
Jan
4%
12
Apr
Mosher
18c
Apr
Mylamaque
21 %c
Feb
1.45
1.00
98c
75c
Aug
8c
8c
2,500
7c
May
15c
Feb
12c
20c
119,000
9c
Oct
35c
Feb
97 %c
9 7 Vac
1.04
3,200
95c
Aug
1.40
Mascot
Hendershot Paper common
14
350
10
Aug
15
Oct
..
1.01
4,384
Heva Gold Mines
32c
Long
25
Lac
1
Mines
1
preferred
Drug
National Grocers
5
150
11%
3,800
4.55
13,637
65c
565,400
49%
49%
200
31c
30c
32c
20,700
44 %
43%
441/2
965
16,500
44c
4c
4 %c
114
114
12
21
21
68
26%
27%
1,050
100
common
paid
100
Bank
—
27 %
10
Oil
preferred
Gold
Metal
class
10
National
Hosiery
class
B
«■
9:%
9%
9%
5
25c
20c
20c
500
«
34
34
60
29
Feb
36
22%
23
511
22
Sep
26%
Feb
27
27
700
26
Jan
28
Sep
2.05
2.20
11,750
Feb
9.50 May
12%
Sep
New
4.80 July
New
Jan
2.75
24 % c Aug
49%
Nov
Nov
65c
National
Pipe
class
A
4c
Calumet
New
45%
Feb
International
Jan
Nipissing
13c
15 % Mar
25%
935
25%
18
100
14
8c
9c
3,600
Joliet
Normetal
10%
Apr
Apr
11
Jan
49c
55c
19
450
38 %c 38 %c
15,000
46c
Aug
Nov
Kelwren
42c
230
26
Mar
32
Oct
13V4
12%
May
1VC
Jan
5c
Oct
13c
Jan
2.10
Jan
Jan
19,500
3c
1,000
3
i.GO
1.50
1.60
6,155
1.32 May
20c
14%c
20c
34,100
13c
Oct
44c
10c
9c
12c
7,000
7c
May
16c
Feb
1
38 %c
34c
42c
24,100
24c
Jan
48c
Anr
5%c
5c
5 %c
3,033
5c
Aug
10c
Jan
Nov
2.05
Jan
Feb
Sep
July
1.35 July
(1940)
<■
4%
41/2
1,170
3%
Jun
6
Feb
5
common
5-'4
5%
150
5%
Sep
6%
Aug
2.45
2.62
2.75
Oct
55c
55c
60c
6,000
46c
Jun
1.77
Apr
80c
75c
80c
2,900
40c
Jan
2.35 Jul.v
O'Leary Malartic
Omega Gold
*
16c
15c
16c
3,500
14c
July
21c
Jan
1
6c
6c
7c
3,606
6c
Oct
19c
Jan
Omnitrans Exploration
10cll%c
11,500
33% Aug
37% Jan
Mines
1
2.50
15,955
1.80 May
7c
May
25 %c July
16%
Feb
1
10%c
90c
Jan
Orange
Crush
*
14 %
141%
15
1,380
Jan
Orenada
Gold
1
14c
13c
14c
5,500
9c
July
18 %c
Feb
1
24 %c
22c
25c
9,600
20c
Aug
70c
Feb
1
1.22
1.20
1.68
Lake
Red
Osisko
Lake
1,000
Sep
15c
Jan
61,600
14c
July
55c
Feb
Osulake
2,516
5c
Nov
9e
Feb
Ottawa
43c
45c
22,800
33c
July
60c
58c
42,667
33c
May
95c
Jan
9 % c 13 %c
42,600
6%c Aug
24c
Jan
27
20
42c
13
May
Feb
23
1.33
61,800
81c
July
2.26
Jan
78c 90 %c
199,000
45c
May
90 %c
Nov
9%
100
Feb
9%
Nov
Jun
40c
26
6%c
Mines
Mines
Oct
24
31
Mar
I
a
Pacalta Oils
__
•
(Eastern
Pacific
Nov
65c
Jan
1.21
July
740
27% July
33 %
Jan
1.84
11,200
1.18 May
9c
6,000
8c
9.432
9%c
8.500
88c
91c
5,100
32%
28'%
32 %
1.80
1.78
9c
68,200
21c
Jan
Pamour Porcupine Mines Ltd
•
55c
I,000
40c
Sep
60c
Oct
Pandora Cadillac
1
40c
5,000
25c
Aug
42c
15%
16%
5,705
12% Mar
Feb
Oct
Jan
16
Jun
15c
8c
84c
7c
8c
91c
1
4%
5%c May
7'2c
»
1
Tubes
Hershey
9%
1
Petroleum
Page
90
1
—
Car
35c
38c
May
55c
Paramaque
20c 21 %c
Kirkland-Hudson
74c
500
1.99
__
23,100
74c
20 %e
%c
2.05
13,550
22c 27%c
2.02
24
Jan
9
41c
3c
*
7c
Kerr-Addison
Lake
Jan
83C
35c
55c
Townsite
Julv
54
•
5c
39c
Gate.
25c
Aug
1
Gold
Mines
Gold
20c
11 %c
Golden
42
1
Oils
54c
.
Oct
1.15
Sep
Okaita
7c
.
Kirkland
be
1,000
40c
Gold
Kirkland
1,000
6c
O'Brien
45c
Gold
Ktrkland
8%c
6c
Ogama-Rockland
Mar
17c
27
Hill
Kenville
8%c
6c
70c
Apr
26
Jun
8,915
Kelvinator
Keno
Nov
I
Preferred
5c
Mining
35c
•
Pacific
Kayrand
43,300
Feb
85c
18'%
36c
35c
Mines
Mining
North Star Oil
Sep
30
.
Jan
42c
39c
Inca
7c
Ltd
Feb
9 %
1
Northland
34%
Mines.
Jan
35c
1
Malartic
Norpick Gold Mines
18c
Mines
Jan
1.45
65c
30c
750
Jan
8
Mines
Quebec
12 %c
3,500
4,379
24c
6%c Aug
29%
Mines
Joburke
Aug
2.55 Mar
5c
1.40
Norseman Mines
32V4
Jaclcnife Gold
Jason
4
July
July
4 %c
491/4
Nov
8
100
Apr
Jun
40c
5c
1.40
18
250
1,348
May
44-%
Jan
250
231,600
Oct
30c
1.40
Nov
9
83c
12%
Nov
9'/4
1.60
4c
74c
48%
25%
9
13%
3.700
19,200
•
Norgold Mines
15% July
70c
1.82 May
12,937
5
Jan
Apr
Jan
1.60
17%c May
38c
33c
Mines
30
25
Jan
1.60
50
1.10
1
Noranda Mines
Orlac
Jcllicoe
Jan
Jan
8%
Oct
Mar
13%
72c
Mines
7 '/4 c
93c
36c
»
22
13%
common
6c
1.01
Mines
115
33%
Petroleum
Mountain
Mar
13
1
Yellowknife
Jan
18%
International Uranium
Island
19 %
30
1
19% July
107%
30
Co
7%c
•
Gold
Nicholson
12%
4,500
1
Gold
Norzone
Feb
18
38 %c
2.16
1
Mines
Marlon
47c
May
1
Bidlamaque
Newnorth
22%
10
Negus Mines
Jan
40
*
Trust
May
29c
9
Coke
Nickel
Nov
Oct
July
52% Mar
950
9%
A
International
Jan
15%
28 Va
10
23%
25%
common.
International Coal &
Int'l
Apr
Oct
40
Oct
17
5,692
55c
Powders
Jan
14
11%
Jan
14
9c
Inspiration Mining
Bronze
Jan
37c
Oct
80
Mar
14 Va
—
Ingersoll Machine class A.
Inglis I John) & Co
I 't'l
70
25c
May
29
North
Lake
12V4
Aug
Oct
15c
25%
11%
89c
July
13%
25%
£
Imperial Varnish common
Indian
12 1/4
27%
12 %c
15 1/4
18c
97
13%
14 V8
*
Imperial Tobacco of Canada ordinary_5
4','
12 %
145
11%
Norbenite
Imperial
Imperial
Feb
Nov
15V4
Nib
Erie
22 %
77
28%
Aug
8c
491-2
Bay Mining & Smelting
Malartic
&
Sep
11%
May
46c
4.15
56 Vac
5
Hudson
20'i
Feb
15%
Sewer
5,800
11%
Howey Gold
Hugh
72c
28 V8
Petroleum
4,400
11%
Mines...
Gold Mines
Huron
Jun
Jan
43c
*
New
Hosco
Jun
8%
*
National
10c
19 %
Oil
Howard Smith preferred
37c
18
20
National
55c
4.50
Gold
Nov
A
Feb
Nov
24c
19%
Dauch
Hoihnger Consolidated
Home
7%
class
common
Sep
40
197,700
8c
Highridge Mining
&
Mar
18c
15% May
Hosiery
Preferred
National Steel Car
Highland-Bell
Hinde
Jan
Jan
National
99
97
37c
8c
10
j
*
preferred
97c
97
30c
55c
Preferred
3%
10.50
Jan
13%
Headway Red Lake
Hedley
Apr
Jun
16% May
Feb
65c
13 %c
Hasaga Gold
Gold
19
14 %c
Feb
National
Heath
Sep
May
30c
16
16
67%
94c
*
Grain
Brick
May
Jan
Sep
Jan
54
47 %c May
*
...
Oil
Mining Corp
13
57c
High
Low
63 %
63c
5
Range Since January 1
High
1
Lake
Pacific
&
Mines
Lake
Mid-Continent
Midland
Coal
Great
Sales
Range
of Prices
Par
High
Low
High
52 %
52%
Week's
Last.
10 %
50
Mackay class A
Friday
Sale Price
STOCKS—■
Range Since January I
30c
35c
*
Gordon
Shares
102
1
Mines
7
for Week
Range
of Prices
Sale Price
MARKETS
NOVEMBER
ENDING
Monday, November 10, 1947
Sales
Week's
Friday
STOCKS—
WEEK
FOR
CHRONICLE
FINANCIAL
11,500
350
50c
1.05
Jan
2.25
Sep
Perron
Oct
Piccadilly
Jan
32c
23 %c
Jan
10c
10c
9c
Aug
2c
3c
I,500
2c
Aug
42c
44c
9,750
42c
19c
17 %c
20c
108,400
86c
85c
90c
3,200
85c
Nov
1
lie
10c
12c
23,166
7c
July
1
2.60
2.50
2.65
3,660
:i
July
Apr
Feb
r
Paymaster Cons Mines
1.33
1.99
20c
1
Partanen
Jan
10c
May
44c
3.90
3.70
3.90
3,100
19c
19c
500
17c
Oct
45c
37c
38c
6,000
27c
May
55c
Sep
40%
510
40%
Nov
7
Jun
46c
1
Pen-Rey Gold Mines
Gold
Porcupine
10c
6c
1
Mines
Malartic
16%
May
14c
__
1,000
July
7%c Aug
5%c
Jan
57c
Jun
29c
Jan
Feb
1.31
17c
Feb
3.30
Feb
I*
Labatt
(John)
24%
24
24%
6.00
5.85
6.00
2,950
•6c
.
6c
7c
20,500
Labrador
Mining & Exploration.
Laguerre Gold Mines
23
July
3.40 May
5c
26% Mar
7.50
Aug
Feb
Pickle
Crow Gold
Mines
s.
Gold
Pioneer
1
Lake Default Mines
61c
Porcupine
Peninsular
1
Porcupine
Oct
Reef
1
Fortune
49 %c
52c
9,300
35c
May
86c
5c
47/bC
5C
1,600
4c
Apr
15c
Jan
Powell
14%
Powel
Rouyn
Corp
Metals
Gold
1,955
13%
Jan
16%
Jun
88c
4,150
81c
Sep
1.25
Jan
3.25
400
2.80
Sep
4.50
Jan
Preston
6.75
2,125
5.70
Feb
7.25
Jun
Purity
19 %
86c
Mines
Lamaque
6.70
Gold
Lang & Sons
Lapa Cadillac
Lapaska Mines
Larder
Laura
"U"
24 %c
Mines...
Candy.
Sep
22
May
6c
Oct
13c
Gold
May
50c
Jan
6c
7%c
47,100
4c
May
17c
Jan
16%
Aug
21%
Feb
17
17%
190
3%c
3%c
11,000
48c
50c
I,600
1.25
1.30
3,8'00
20c
20c
1,500
19c
Oct
28c
Sep
12c 13 %c
_____
2,000
10c
34c
Jan
14,400
63c
Sep
May
Oil
Ltd
Mines,
1.28
Lencourt Gold
Lexindin
Gold
12c
:
Lmgman Lake Gold Mines
1.68
1.75
12,075
31
30%
31%
1,075
29%
Hosiery
Class
29%
30%
560
35
common.
A
2%c May
4%e Feb
39c
55c
Sep
Sep
Lynx
Gold
Jun
1.40
Jan
Gold..
1.45 May
Feb
28
Jun
33%
26%
Jun
31%
Jan
5
Oct
5'%
Oct
200
14%
Nov
15
Oct
7,700
1.35
Aug
3.60
Feb
22c
500
16c
May
39c
Jan
28c
11c
2.600
9c
3.45
3.70
8,585
3.05 May
4.20 Mar
2.40
2.64
20.175
2.25 July
4.85
141/4 c 15 V2 c
12,700
1.75
5,550
—
Red Lake
Gold
Mines.
1.68
1.75
MacMillan Export class A
Class B
6%
6%
VCadsen
Red
3.65
Magnet
Consolidated
37c
2.05
11c
July
Aug
1.30 May
9%
832
6 V2
5,520
3.45
3.65
7,726
35c
37c
3,800
2.00
2.10
II,375
2%c
2%c
2,500
13%
14%
1,122
11 % May
7c
Gold
7c
500
4%c Aug
37c
42c
20,600
9%
__
Mines.
Gold
vtalartic Gold Fields
Manitoba & Eastern
.
Quebec
Marcus
Mines
Gold
41c
____.
9c
Manitou
2,400
210
Jun
15
675
9% May
14
Oct
2.25
2.18
2.25
4,400
1.32 May
2.45
Sen
12
12
275
11% Aug
__
-
9c
Reno
Preferred
Class
class
A
B
footnotes,
see page
42.
1'
Jun
1.15
9 % Sep
5%
Sep
2 .80 May
30c
May
1.50 May
2c
Oct
38c
Oct
10,125
6uo
July
1.20
Jan
1.03
4,098
64c
May
1.20
Aug
15%
17%
10,089
13% May
21%
Jan
31,700
15c
75c
2.75
300
10,000
(1936)
21c
1
*
33
28c
II,824
34 %
33
220
45
20
*
8 %
8 %
10
"
(Little)
Robinson
16%
16%
15
9c
5,900
45
Roche
common
A
Class
2.20
7c
Oct
Jan
Jan
39c
2.25
10
6%
Jan
Feb
Feb
3.95
56c
Oils
21c
Nov
47c
32%
Jun
38
47
Roybar Chibougamau
Rupinuni Mines
Russell
.
Industries common
Ryanor Mining
St
45
Jan
40
67/a
16
5c
May
Lawrence
10'/a May
Sep
19
Feb
12c
Feb
8 %c
7c
30c
27c
32c
78,407
26c
Oct
58C
58c
49c
65c
56,250
20c
23%
24 %
1,825
22 %
Aug
Apr
25
Jan.
16%
16%
56
14%
Jan
21
Jun"
May
Oct
class
Corp
A pfd
St Lawrence Paper preferreel
Jan
July
2.45
Feb
5%c
Feb
River
Bannorm
8
35
•
28
2,082
Mines
Ltd
,
>-
1
1
15c
27c
10c
15c
11,200
10c
Nov
45c
Jun,r
26c
29c
18,000
25c
Oct
38c
v£epjn!
14%
14
14%
825
11%
Apr
15
July
•
10c
10c
500
47%
1
50
48%
200
7c
May
32% May
117
..
;
July''5 ;;
15c
50% -Oct 1
tv.
1
140
100
139
138
139
630
1
4.70
4.40
4.80
17,761
12c
13c
3,200
oc
Aug
20c
20c
20c
24c
19,600
16c
May
30c
Oct
14
14
15
11
May
14
Oct
31c
May
1
41
Apr
3.25 May
4.80 -NoV 1■?;
Sarnia
Bridge
Aug
10 %c July
1.15
Jan
Shawkey Mines
65c
22
63c
21%
68c
22
30,969
275
21% Aug
49
49
49%
155
49
__
17c
17c
1,100
500
Preferred
1
*
*
Ltd
Shawinigan Water & Power
1.05
10%
1.04
10%
1.05
1
3.00
2.95
>3.05
37,880
_.
15%
15%
15
14%
8.85
15%
160
8.85
106
—i
.
Oct
15 %c May
75c
25%
mv-nu:
Jan, ri.,
50
SCSD
7
.
Vpy!
Wpg Brewery
Creek
class A
Gold
Oct
32
Feb
9
Oct
11
Jan
Sicks'
8
Nov
9% Mar
Jan
30% July
Gold
Mines
Breweries
Voting
Sigma
trust
Mines
common
ctfs_;
(Quebec)—
•
:
14%
1
—
70
800
Sep
13%
1.00 May
1.65
Jan
2.06
Jan
5.35
Feb
12%
Apr
16
Oct
May
15
10%
12
"'U
43cV'JaniJan
8.75 Aug
5
I,V" ';•/
i
24%
1
Gold
Mines
SherrJtt-Gordon
23%
Jan
Feb
14%
Gold
Antonio
Sand
345
8
Feb
1.03
Sep
tsneep
25'/
Feb
Apr
Apr
-25-
'
Mar
10
*
Royal Bank
Feb
27%
Feb
*
Co
Royalite Oil
18c
45
3.75 Mar
15c
1
Gold Mines
Merger
Roxana
21%
10
Feb
80c
1
Long Lac
Rouyn
14% May
:
Feb
8'5c
98c
2.75
class A
8%c May
■9%
i
2
.1
Oct
50c
13 %c 14 %c
73c
Silk
4,500
I
For
51
14%c
1
Mines
Gold
1,019
8
'!
Jan
135
1,100
16c 17 %c
Richmac
9c
10.
McColl Frontenac Oh common.
55
52
17%c
'
Grain
14 % May
63c
1
Gold
Riverside
Shea's
McCabe
Feb
51
83c
1.03
16%
1
Gold
17%
16%
17%
common
11
63c
51 %
*
Mines
Quemont Mining
Regcourt
27% ' 27%
Martin-McNeely
Massey-Harris
98c
15
13%
1
1
Queenston Gold
Senator Rouyn
Maple Leaf Milling.
Maralgo
1.67 May
83c
14 %
13%
40
Gold
San
Lake
May
95c
14 %
13%
10
common
Jan
9V2C
2.54
MacLeod-Cockshutt
7bc
Jan
1
Preferred
Quebec
Jan
3.55
Mines
33%
1.32 Mar
2.40
1.66
-
22c
__
MacDonald Mines
Macfie
1.80
1.65
Mines
Yellowknife
Macassa
1.16
14%
141/4
Louvicourt Goldfields
Lunward
Mills
Flour
38%
*
1
Robertson Mfg common
1.75
B
London
72c
66c
Little Long Lac Gold Mines Ltd
LoMaw Groceterias class A
Class
Jun
1
Gold
East Dome
Renabie
Leitch
4.40 May
Jan
22c
17
Secord
19
2,000
II,300
7%c
Lebel Oro Mines
Leduc-West
30
6 %c
22 %c 25 %c
40 %
•
Pressed
6.45
15
Mining.
1518
6 %C
Mines.
Wasa
85c
19%
Shore
Lake
Luz
River
3.20
Lake
La
3.25 May
Jan
Power
Lake
49 %c
Gold
19c
2.30 May
-
L
Volume 166
Number 4645
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
Week's
Miller Mines
Silvenvooct
Class
—1
Dairies
class
A
Shares
Low
43c
Class B
Low
High
Waterous
117,150
12 Va
275
11 34
11%
50
6 Va
Jan
12
Oct
Wckusko
27
27 Va
215
24 Va
Jun
32%
Jan
West
23
23 3
635
19% May
29
Jan
Westeel
27
24'Ac
53c
Sep
13% July
11'A May
Class
Ltd
23 %
102 >4
102 V*
103
82
1
44c
43c
48c
7,975
43c
Nov
Apr
43 %C
43c
44c
7,150
36c
Aug
54c
Feb
Class
28
28
50
28
Nov
33 V2
Jan
Weston
17
Apr
20
Oct
102
Slater
Co
(N)
20
68c
»
19
18%
19
500
Springer Sturgeon
Stadacona Mines (1944)
•
1.43
1.41
1.45
9,100
9lc
May
*
70c
70c
71c
4,300
50c
May
Standard
*
8
7%
8
925
7
May
Chemical
com
Standard
100
Paving
Standard
97
•
com
Preferred
Radio
class
A
97
97
6
6V4
675
20 Va
21
200
6
*
__
*
97
140
5
5
Stanley Brock class A
*
10 >/4
10'A
10'A
50
Starratt
1
93c
85c
96c
25,600
Olsen
Gold
1.48
120
Steel
Co
of
*
Canada
•
common
Preferred
25
14
79 %
14 Va
(George;
79'A
Winnipeg Electric
Feb
Feb
Winora
Jan
Wool
8
12
1.06
17'/a
Jan
89%
80 V2
55
16c
5.000
2.30
2.38
5,200
Stuart
*
20%
20%
20%
80
22c
24c
1,100
17c
5c
5c
1,000
Oct
4%c
1
1
2.10
2.18
19c
22c
2.15
2.20
70c
27
10 "2
lOVa
Sep
4.20 May
4.95
Feb
28 A
28 Va
110
23
23
437
23
35
270
33'/a
Oct
36
38
400
35
Oct
River
Tamblyn
Gold
Ltd
*
*
common
Taylor Pearson preferred
Teck-Hughes Gold Mines
Texas
Canadian
"»
Oil
2.65
Jun
21
4.00
27
27%
60
26'A
Sep
31
104
95
103'/a
Nov
103
10'Ac
12c
13,000
7 Ac May
Sep
10c
__
lie
12c
3,000
10c
July
2ac
Jan
10c
12c
10,000
10c
Aug
21c
Apr
20
21 »A
7,548
21
100
100 100 %
1
_______
9c
13'A
70
9c
23
21
23
3.10
3.05
3.20
1,756
Mines
1
25c
25c
1.70 May
19c
2.85
31c
May
1.98 May
Ymir
Yankee
Girl
*
York Knitting common
__
2.75
Toronto Stock
class
A
28'/a
14'A
12'/2
Week's
Friday
Apr
3.20 Mav
1.35
4.25
Jan
49c
53c
15,800
35c
May
62c
23c
52,800
19c
Nov
65c
Toronto
Elevators
Toronto
General
10
10
18
18
100
75c
75c
2,256
>A
12
12'A
Toronto
Iron
100
12
172
10
570
Columbia Pulp
Co common
Brown
10
Bulolo
10'/a
Aug
Oct
21
Mar
Canada
Nov
Feb
Canada
317
11
Sep
Nov
Canadian
170
Jan
1.40
Sales
12'A
174
32
Oct
Finance
Class
class
A
9'/2
Oct
12%
Feb
Canadian
108
10
106%
Sep
116%
Feb
13c
13c
1,000
30c
Feb
37
37'A
100
36 %
36'A
15
72c
5,200
*
B
*
Transcontinental
Resources
•
__
8 Va
l
High
15
Jun
Mar
75
78
215
43
May
6 Vs
7%
14,694
3
May
112
102
113
1,625
19%
19 %
200
16
Jan
21
21%
250
20'A
Oct
14
14
15
12'A
Sep
15%
31
31
50
30
Oct
39
Vickers
Morse
37%
38
Sep
Dalhousie
Oil
58c
May
Feb
550
30 %
25
8
3'A
2.800
1
41
41
3 Va
3 1
*
19:%
•
1.75
26
Oct
7 V'b
Nov
113
Nov
20 Va Sep
23% May
Jun
Jan
Jan
3
Jan
36'/a
Mar
Apr
20
2'/a Aug
37'A Aug
50
3%
18%
20
6,795
14 Va May
20
City common
Union Gas Co
39c
1.800
32c
72c
Jun
33
305
Jan
Union
Mining
United
Corp
class B
United
Fuel
class
Class
B
United
Upper
70c
Dominion
Bridge
30'A
Nov
37
Feb
10
10
100
7% May
16
Feb
Dominion
Textile
110
92
Jan
108
Nov
9 V4
9 Va
1,145
8'/a May
10%
Feb
Donnacona Paper
•
21%
20%
213
4
800
14% May
2.1%
Nov
*
25 Va
24%
27 '2
1.275
20
30
Feb
8c
*
21
21
21
5
21
Apr
24%
•
GO'A
58
2,401
41
May
63 Va
105
Nov
1
A
preterred
preferred
11c
lie
1,000
0
18 >4
18'.4
10
46 "4
48
110
15%
16
50
46 Va
25
Oils
*
Steel
United
70c
9 >2
*
•
•
Canada
Mines
1
8c
£%
2.40
2.50
49'/2
Fen
6,525
32%
*
*
common
Apr
C%c
Humberstone
16
Jun
10
Preferred
Minnesota
Ltd
7.25
7.40
1,955
i
13C
13c
3,100
Vulcan
1
26c
26c
1.000
]8'2c Mar
4.G5
4.75
1,120
21% May
26 38
27
4,010
"
Waite-Amulet Mines Ltd
•
Walker Hiram
*
For
(G & W)
7.25
4.70
26 3
4
107
100
Jan
&
108
7.25
7
Aug
12
Aug
10c
22c
Jun
Paper
Selections
105
105
15
23%
23%
24
1.245
26%
26%
26 %
14
4 %c
6c
7.200
2.13
2.35
2,800
67
€8
110
*
Oreille
1
Price
Jun
_
Bros
*
2.30
c
Nov
24%
Oct
30
Sep
1.75
Oct
105
15% May
26% Nov
412
Feb
Sep
Feb
8c
Apr
3.40
Jan
Mar
50c
2
•
common
Oil
60'
*
Ontario
Ogilvie Flour
Feb
2.65
Shoe
International Paper common
Oct
21c
Jan
7% May
2.00 May
Vicour Mines
Oils
30%
__
Feb
May
5% May
2,575
2.45
Jan
21
42%
500
8 Va
21c
17 V2 May
185
8C
2
8 1
1.10
Pend
Ventures.
1
fi
Oct
39c
*
__
Hayes Steel
Twin
i
Feb
Mar
Oct
May
2
30 "2
2
Paper
July
2
*
Lumber
80
67 '/a May
1
Westinghouse
27
14
*
common
Canadian Western
26 >/2
__
"
Canadian Marconi
175
Consolidated
Traders
Low
100
7
Sugar
Fairbanks
Canadian
9%
Range Since January
High
9%
,:i
10%
10'Ac May
Low
78
Vinegars
108
180
Shares
5
Dominion
&
172
13c
Mar
1
Gold
Oct
17 Va
75c
10%
l
19c
16 Va Mar
100
>
A
Mortgage
Towagmac Exploration
Jun
Jan
Oct
May
for Week
& Paper com—"
Preferred
50
Works class
Toronto
30c
10c
Range
*
Feb
*
Trusts
British
Oct
19c
75c
Jan
19c
of Prices
Par
Andian National
Jun
1.40
Nov
20c
"
Jan
3.40
13'/a
200
Sale Price
STOCKS—
Sep
Sep
49c
1
25%
Canadian Funds
Feb
Feb
1.00
•
«
Gold
Oct
Exchange-Curb Section
Jan
10
120
Aug
2.70 May
13,500
14 Va
_
Jan
26
9,575
July
20c
Mar
25
1.35
Oct
101
May
19
1,000
10c lO'/aC
21%
Oct
7c
600
♦
Jan
96
3,000
5
-
_
Jan
120
4.00
Aug
11c
100
_
—
Mav
Oct
1.35
Feb
Jan
20C
Oct
27c
62c
3.85
__
Jan
39% Mar
Feb
May
1
Mines
Tip Top Canners
Tip Top Tailors
Toburn
__
5
Thompson-Lundmark Gold Mines
Thurbots
27
10
Feb
36
103 V'B
Last
Taku
38 Va
^
27 Va
*
common
__
Gold
Nov
22V2C Mar
Jun
18
2,200
26 Va
Aug
1.75
2,420
69c
Sep
10c
6,500
2.18
78
4,200
20c
1
Sylvanite Gold Mines
2.15
50o
Surf Inlet Consol Gold
29 'A
Jan
79
13VaC
Sullivan Cons Mines
23 Va May
12c
Combing
Wright-IIargreaves
Jan
83
16c
Sudbury Contact
Jan
2,000
103 'A
—100
1
Preferred
Apr
137/b May
2.30
.
23c
Jan
74%
80»2
1
_
Apr
Nov
l
preferred
River Gold
-
8
May
a
Oil
9
Mines
23
May
Steeloy Mining
Steep Rock Iron Mines
Sturgeon
50c
July
34
Winchester Larder
10
185
Julv
14C
12c
__
105
Nov
Mar
20c
23
...
common
July
100
38
'
9
Wiltsey-Coghlan
15
16.300
100
_
1
High
Nov
14c 14 %c
_
_
_
_
Preferred
Oct
common.
_
A
Wingait Gold
55c
25
75 V2
14
14 Va
14
__
Grocers
Yellorex
Stedman Bros
Low
50
26 %c 28 Vac
28c
*
Feb
9%
Apr
5
9 >/2
9Va
0
Products
Jan
78c
5'/a May
19
9%
Range Since January
High
106 % Mar
Oct
Southam Co
Preferred
Low
1
Mines--
Preferred
i
Gold
Shares
:;«
Malartic
Western
Siscoe
Sladen Malartic Mines
common
Consolidated
*
4
for Week
9
A
100
Preferred
Sales
Range
of Prices
Par
Feb
12 %
•
Week's
Sale Price
STOCKS—
47c
"
'
A
7
Last
Range Since January 1
High
43c
if
41
MARKETS
NOVEMBER
for Week
•
B
Simpson's Ltd class
ENDING
(1925)
Friday
Range
of Prices
Par
Silver
LISTED
WEEK
FOR
CHRONICLE
Sales
Last
Sale Price
STOCKS—
FINANCIAL
Feb
Southmount
Invest
28%
Oct
Supertest
9%
Oct
*
Temiskaming Mining
Jun
Petroleum
--
ord
40c
40c
*
40c
51%
3
£%C
513
52% May
1,025
a
23c
6,000
Jan
47'4
100
10c
68
Jan
Nov
4?c
July
52
May
12c
6V2C May
Jan
footnotes see page 42.
Statement of Condition of the f 2 Federal
Foreign Exchange Rates
Pursuant to the
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
<lo.
to the Secretary
of the Treasury the buying rate for cable transfers in the different countries of the world.
thousands
of
dollars)
We
Increase ( + ) or
Decrease (- -) Since
Nov.
FOREIGN
EXCHANGE
RATES CERTIFIED BY
OCTOBER
31,
FEDERAL
3947
TO
RESERVE
BANK
NOVEMBER
C,
TO
1947,
TREASURY
UNDER
TARIFF
ACT
OF
1930
1947
—
INCLUSIVE
Gold
Neon
Country
end
Monetary
Buying Rate for Cable Transfers in New
Value in
United
States
York
Oct. 31
679,566
Nov. 1
Nov. 3
No v. 4
Nov. 5
Nov. 6
gold
I
$
I
J
t
Official
.297733*
.297733*
.297733*
.297733*
F
.251247*
.251247*
.251247*
.251247*
ctf.
reserves
2).092.235
Dther cash
259,037
and
Industrial
Acceptances
U.
S.
advances
loans
Govt,
2(3,646
1,917
-
3.210466
Closed
3.209970
Belgian, franc
.022834
.022832
Brazil, cruzeiro
.054406
.ection
.054406
3.210116
3.211616
purchased
13.504,284
Certificates
7,047.805
.022833
.022833
Notes
859.300
.054406
Bends
Total U. S. Govt, securities.
22.119.073
Total
i Official
47.856
+
7.634
—■
—169.411
+
22.326,011
Due
3.000000
1.000000
1.000000
"J.000000
.898750
.898125
.897500
.896875
Colombia, peso
.569800*
.569800*
.569800*
.569800*
cjzjechoslovakia, koruna
.020060
.020060
.020060
.020060
Denmark, krone
.208635
.2.08635
.208635
.208635
4.028359
.008405
loans
from
R.
100.0973
—
2.854,1:G i
4
10
—
83'(|
172.443 J
—
81
4
'
|
1,33911
118,7(0
—
19.161
—
and
foreign
notes
Uncollected
of
securities.
bar.as
other
•f
12 6,9 tO
120.341
47
—
10,26 J
—
—.
80,04
231;
45,700
1.395,791'
—
—1,566,052
7
—
—
12.758
2.502.427
1
118 270
—
—
95
banks
items
1.421.084
—
H.34J
414.92
—
4.030625
.008407
F.
2,954,241
—
-74
707,650
Canada, dollar—
i Free
9144
—
3,203
.054406
Day
S
50,(00
securities:
Bills
Australia, pound
+
R.
rotes
Discounts
$
Argentina, peso-
for
1946
$
20,412,670
fund
Money
Total
f
Nov. 6,
1947
£
certificates
Redemption
Unit
5,
;
Oct. 29,
give below a record for the week just passed:
4.029140
ijngland, pound sterling
F'ranee
,
.008407
□ection
Day
.301754
•——
.301767
.301754
.301754
.205700
rupee
VvC'htico, peso
Netherlands, guilder
4.028515
23.208
59 >
58,223
10,762
Total
assets
40.391.673
.205743
.205726
.205743
.377673
.377682
.377694
.377682
Federal Reserve notes
24,543,276
Member
bank—reserve
U. S. Treasurer—gen.
Foreign
Total
Newfoundland, dollar—
Official
«
;
Free-
$ew Zealand, pound
JWorway, krone
Deferred
1.000000
3.0000CO
1.000000
1.000000
.896250
.895625
.895000
acct.
3.224500
.201395
.201595
3.223333
Closed
.201595
3 222823
.2.01595
Election
Day
Portugal, escudo
.040113
.040072
.039575
;039772
Spain, Peseta
.091324
.091324
.091324
,091324
.278257
.278228
.233628
.233628
Bweden, krona
.278264
.278257
Switzerland, franc
.233628
.233628
pilon of South Africa, pound*'i
4.007500
Closed
4.007500
Election
Day
4.0Q750G
4.OG750Q
[ •'
acct.
:
-
-Controlled-—
.658300*
.658300*
.658300*
.658300*
Noncontrolled-
.562040*
.562040*
.562040*
.562040*
•—428.185
470.896
deposits
availability items
Other liab., inch
18.936,361
2,188,712
accrued divs.
Total liabilities
60,852
146.31
j:
4
—
—
—
1.027.24 j
518,34
20,6(6
193.871
141,706
•
166.35U
-
151,378
14.87 8
-
1.500.6)1. ;
315.720
-
gold
—
246,87 3
certificate
8 97
2"
46,391,678'
—
18,663.
51.84
—
—259,972
-r
[+
4-.
3,024
make
-
1.714,81 1>
re¬
4S.5C&
to
1.676,20.
81.46.
Contingent
liability on bills
purchased for foreign 'cor¬
respondents
trial loans
-
27,455
42,406
(.2 i)
—
5.2%,
2,54'*
indus¬
7,22?
«—
185
;
6.16-:
1,635
439,823
Tctalli&bilitles & cap. accts.
of
—
193,852
—
Ratio
19,623
45,686,142
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus -(Section 13b)
Other capital accounts
Commitments
"Nominal rate.
926.327
451,503
serves, to deposit and F. R.
note liabilities combined
yrmguay, peso—
!*
'4 228,c 16
.894375
3.223000
.4
17,087,565
-
Deposits:
Other
,
1.714.821
—
Liabilities—
.008407
(Metropolitan) franc
Sndia (British)
Oioseci
Bank premises
Other assets
—
1,3.1
42
(1926)
THE
COMMERCIAL & FINANCIAL CHRONICLE
Monday, November 10,1947
OVER-THE-COUNTER MARKETS
Quotations
for
Friday, I November
7
„
.
Investing Companies
Mutual
Funds—
Par
Aeronautical Securities
Affiliated Fund
Amerex
Bid
5.08
5.55
1%
Inc
3.95
_10
Holding Corp
30%
1
2
8%
9
Inc— —1
7.51
8.12
5
15.34
16.67
1
Fund
5%
6
Liair
Co
&
Bond
Inv
Tr
of
Boston Fund
*
America—
Broad
Street
99.82
8.27
16.98
18.36
Mass Investors Trust
Mass Investors 2d Fund
17.52
19.21
Mutual Invest Fund Inc
1
3.95
5.05
28.46
30.60
*
1
Fund
Christiana
Securities
13.72
14.84
com—.100
2,960
Common
145
Delaware
Fund
Dividend
Shares
.1
5.79
1
15.19
1.44
Low
16.43
25c
Bond
6.29
1.58
-
—
7.27
Stock Fund
24.19
15.16
16.21
•
„
24.18
26.14
1.89
2.07
Financial Industrial Fund Inc lc
First
First
Boston
Corp
10
31
Mutual Trust Fund——5
Fundamental Investors
Priced
10
Inc
2
Fundamental Trust shares
General
Capital
13.6Q
1
5.33
Bid
Ask
6.82
7.50
Aetna Casual & Surety
10
6.49
77%
7.15
80%
Automobile
shares,
6.45
lo
44
7.35
8.12
46%
Insur
Aetna
10
40
42
4.94
Agricultural
25
64
3.24
67
3.62
Par
Series
Series
Series
Series
8.49
Chemical
Fully
Industrial
Low
Petroleum
8.09
Pacific Coast Invest Fund
Public
Utility
9.87
7.00
Institutional
Bank
11.02
12.08
23.77
Inc
78c
93c
87c
1.03
1
Preferred
Fund
Stock
Camden
Fire
5
City of New York
Connecticut
69
10
14.58
29.63
13.61
13.92
B-l
27.68
28.96
Series B-2
23.42
25.55
Diversified
Series B-3
16.35
17.84
Series
50
11.21
11.18
12.10
6.42
7.03
82c
of
Assn
Franklin
74c
Phila
50
Republic
92%
Revere
5
Fire
11%
5
Globe & Republic
Globe & Rutgers Fire
2nd preferred
Great
47
88%
21.36
20%
SI Paul Fire
27%
Seaboard
10
15
17
Security
5
39%
5
com
7
15
15
1
41%
22
%
Bank of New York
Standard
39%
Central Hanover Bank & Trust 20
Chase National Bank
15
Chemical Bank & Trust
Commercial National Bank &
Trust
Co
Federation
9.41
1
84
17.30
1
7.78
U
S
26%
U
6.62
7.60
*
2.32
107%
U
S
2.64
Shares
Bonds—
Arkansas
36
National
National
Ask
190
210
261%
270%
10
15%
100 1,470
25
Public Nat'l Bank
20
Sterling
39%
Title Guarantee &
98%
96%
97%
99%
100%
-1977
2%s
97%
1967
2%s
Light
Ask
-1977
27/8s
Power
Lt
&
100 7/«
Land
lit8 £Ct" J*
Bank
Bonds—
Bid
100,2
Ask
51%
53%
1952-1950
99.4
40%
New
England Tel &
99.22
41%
70
1955-1953
102.12
Trust
12
Trust
9%
100
615
& Elec
Tel
Pacific
&
Tel 3s_1982
97 %•
Tel
3%s
1987
—1%%
100.4280
.4449
1% 100.0074
,0251
!?« *"""#
Dollar Price 100 Plus
Certificates of Indebtedness—
Bid Ask
il, ?ec- J' Hf7
100.0155
.0329
y
+
j
1.1.
j
7/rS
ill* Mar.
Febt%s
,'
J948
1, 1948-
—
34%
Par
Bid
Ask
92
9
94
%
10%
Power—
•
50
51
•
England
Ohio
51%
52%
pfd_100
101%
102%
100
102
104
100
90
93
100
Gas
96%
99
50
54%
Elec—
&
preferred
Public
Service—
preferred
Pennsylvania
Electric—
preferred
98%
*
,?
Pitney Bowes 4%%
99%
Fublic Service
3.50
103%
pfd
(Indiana)
55%
—
preferred
100
86
-
89
.
4--
98
Public Service Co
2%s
1st
mtge
Power
&
97%
Seaboard
99%
Tennessee
(Colo)—•.
4%%
1977
Toledo Edison Co
Utah
i/4
27%s
Light
100%
99%'
1976
2%s
Tucker
| 102
1977
96
White
Container
Gas
"A"
Transmsn
preferred
Corp
Auto
l
6
6%
Co.—
100
93%
94 %
l
4%
4%
6%
7%
"A"
Stores
100%
97%
United States Treasury Bills
Bated
Bid
art
for discount at purchase
Ask
100.2
99.30
100.2
Other Issues
November
1961
124%
£idt
Treasury bills—
November 13,
125%
November
1947
20,
28,
m
1947.
1947
11,
25,
one
or
more
32ds of
a
Maturity—
Dollar Price 100 Plus
t%s July 1, 1948 Series F_„
t%s July 1, 1948, Series G
t%s July 1. 1948 Series H
Bid
Ask
100.0079
.0197
99.9786
0.81%
b0.86
0.82%
January
January
15,
0.74%
0.75%
January
21,
1948
b0.88
il
1947
0.72%
50,73
.9823
0.76%
0.84%
February 5,
1948
b0.91
0.88%
p.76%
22,
1948
1948
b0.87
0.83%
.
.9831
Odd lot sale
(not Included fti
(not
Included
in
year's
f|Sps;range). bBld yield price,
eEx-lnW*6t»i*f Flat price, kRemoved to
range).
.t Ex-stock
dividend.
d Deferred delivery sales
Stock
(Un) Unlisted
Exchange,
issue,
w
r Cash
d When
(not
salee
delivered.
.9827
99.9640
a
Included In year's range),
.9953
99:9631
99.9636
w
i When issued,
xEx-dividend.
••
_
100.0126
100.0066
,0212
IS Oct. 4,- 1948 Series J
100.0078
Is Oct,
100.0086
.0262
.0152
•No
.0255
,0157
100.0060
Series K
Ask
0.79%
b0.85
point
Certificates of Indebtedness—
t%S Apr. 1, 1948—
*%s June
1948
1, 1948
Bid
b0.84
January 2,
1948
January 8, 1948
0.65%
bO. 82
1947—
1947
18,
Ask
0.60%
bO.SO
4. 1947
Quotations For U. S. Treasury Notes
tOct.
32
"102%
r.
103
96
December
15, 1948
1, 1948
New
97%
98%
1976
December
Ask
-2.50
$2 preferred
99%
96
2%s— _1980
Pennsylvania Electric 2%s_
December
Bid
.
Connecticut Light &
$1.90 preferred
100
102
1976
Philadelphia El Pwr 2%s__ -1975
December
Int. Rate
Fire
10%
99-30
Panama Canal 3s
Figures after decimal point represent
69
645
1%S Sept. 15, 1948
102.20
Maturity—
52
66
Stocks—
3.70%
Pacific Gas
74
25
99.30
1,
45 %
49
-98%
98%,,
99
Pacific Pwr & Light 3%s._ -1977
42%
92%
39%
1>/4S APr- 15> 1948
99.12
1953-1951
575
43 %
10
Kentucky Utilities 4%%
>
_1977
Ohio Public Service 2%s
253
89 %
Federal Home Loan Banks—
100,6
1/46 May 1,
l%s Jan. 1,
2%s Feb.
560
4
Birmingham Elec $4.20 pfd__100
Clopay Corp
1
101%
98
-1977
3s
Obligations Of Government Agencies
Federal
—100
-
—
Security Issues
1982
Lt
&
1,520
& Trust-17%
National
States
247
16%
25
17
United
51%
10o
12%
York Trust
37%
1,345
48%
20
National City Bank
New
100 1,285
175
100
Morgan (J P) & Co Inc
10
Bank
Bid
160
100
Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust
16%
45%
31'%
Guarantee
4 %%
Par
75
43
29
Fidelity & Guaranty Co—2
Westchester
Bid
Pow
Cudahy Packing 25/aS_
Kentucky Utilities 3s
100
57%
new—10
10
S ,Fire_
Recent
Trust
15%
Marine
26'%
8.53
2.50
71
73
51%
24 %
10
16.39
Shares—
55%
&
70
49
—
Shares—
Trust
10
Fiduciary Trust
First
42
—12%
__
18.88
15.24
44%
40
20
_
Haven
Travelers
29%
24%
3.90%
Grace
28%
18
9.60
1
1
Manufacturers Trust Co
50
Bank & Trust
373/4
42%
Exchange Bank & Trust_20
Empire Trust
98%
353/4
10
20
lo
Continental Bank & Trust
Corn
95%
41%
111
5
26%
8.15
Ask
355
4
10
10
_
22.15
City Banks & Trust Cos,
106
32%.
6.52
7.45
Florida
340
10
100
2
N Y)_
Accident
80
"
100
Trust
f
& Marine
Sprgfld Fire
8%
27%
Firestone Tire & Rub 2%s_ .1972
Brooklyn Trust
4%
30%
26
5
Fire
Duquesne
Eankers
10.
Fire
Surety
New
lo
American
Hanover
Detroit Edison
Fulton
83
3%
12%
19
2.80
26%
51
79
19.59
1
Bid
48
5
22.02
Series 1956
24%
10
Co
(Texas)
(Paul)
25%
33
28.14
Par
102
10
10
103
3.42
Co—10
73
97
Accident
Reinsurance Corp
10
10
1
Manhattan
70
25
—
10
General Reinsurance Corp
Gibraltar Fire & Marine
Glens Falls Fire
•>
7%,
12.50
—.
Providence»Washington
Hartford
Series 1955
the
25%
6%
71
Hartford Steamboiler lnspect.10
23.10
of
23%
5
68
50.00
9.76
Bank
12
2.50
Indemnity
85c
19.26
New York
20'/a
46%,
River
Pacific
76c
8.94
25.79
18%
44
10%
Preferred
47.00
17.65
S-l
5%
5
29%
151
21.10
Series
29%
10
Fire
Fireman's Fd of San Fran
Firemen's of Newark
Series K-l
Trust
32
27%
10
;
Pacific
Fire
20.26
E
Amer
Brunswick—
27%
10
4%
29'/a
2
Casualty
31
7.74
Series K-2
North
47J%
2
5
Hampshire Fire
Thoenix
Type Trusts—
Independence
44%
1<L
—
72
48
•
Keystone Custodian Funds—
Trustee
28%
28
10
Employees Group—
Employers Reinsurance
6%
26%
Liberty
Northern
'
Crum & Forster Inc
29%
28%
5%
Northeastern
..17%
8.93
B_1
Investing Corp
Wellington Fund
Whitehall Fund Inc
World Investment Trust
13.30
27.26
Series B-4
10
Life
Casualty
15%
27%
26%
New-York Fire
19%
10
General
Continental
18
5
5
new
50
Fund—1
Street
shares
21%
(Detroit)—10
Casualty
Amsterdam
North
47
5.96
Common Stock
52
20%
4
New
*67%
146
17.92
Union
14%
50
5
Mfrs Fire N Y
New
73
63 %
10
50.88
•
Union
Unit
5%
70
.
20
Clark
C
Investment Co of America
10
Invest Management Fund Inc__ 1
Series
4%
1
10
Fidelity & Deposit of Md
50.88
&
new
B
Series
Wall
25
Federal
28.01
Investment Corp-*
Trusteed Industry Shares
25c
Union Bond Fund series A_.
8.67
2%'
Shippers
5.40
26.05
Street
Series
7.91
New
6.49
1
Inc
13%
10
National Union Fire
34%
8.58
15.62
11.91
3.36
10c
21.99
10.20
11.36
10.44
3.05
2%
State
8.58
&
&
National
11.67
1
Sovereign Investors
Standard Utilities
Fund
Securities Ltd—
Insurance Group shares
and Bond
Group
10.65
16.00
Selected Amer Shares
5
S.ock
Boston
14.88
Scudder, Stevens
1.71
Group shares
Group shares
Bankers
12.80
20
4.48
5.53
Aviation
11.29
5
5.52
1.67
Investors
11.17
l
4.42
5.09
Ealtimore American
11.68
Fund
Russell Berg Fund
Massachusetts Bonding
Fire Assur
~
10.64
Trading
(Geo)
4.75
10c
31%
7.06
5.10
shares
National
56 %
10
—
5.92
4.06
Common
Incorporated
&
Putnam
37
preferred
National Fire
58%
25
Automobile
4.93
Republic Invest Fund
Income Foundation Fund Inc
18%
10.87
4.12
shares
<j27 %
16 %
10.23
7.85
Tobacco
25 %
Reserve
American Surety
8.15
Tobacco
Petroleum
2.65
4.37
10
lo
American
7.83
2.43
RR Equipment shares
Railroad stock shares
Steel shares
Utility
5.65
Re-Insurance
American
7.13
Steel
34
1
18 %
14.25
7.24
shares
16%
10.85
Railroad
Railroad equipment
8.02
5.20
shares
Bond
American
15.83
Metals
Oils
8.35
Merch
9.31
5.94
93%
Merchant
12%
9.53
8.18
7.70
16%
io,37
7.98
6.45
9%
15%
11%
14.76
stock
9.40
———
8%
5
Fidelity & Casualty-5 %
of
Newark;
.2% '
7.83
7.46
shares
5
Equitable..
American
equipment
7.54
Mining shares—
Railroad
Electrical
Convertible
American Casualty
10.19
5.47
shares
36%
American
7.96
7.36
7.39
Price
34
9.93'
Insurance
Investing
4
25 %
90%
20
Jersey Insurance of N Y
20%
■
Ask
23%
10
America
Maryland Casualty common
Prior preferred
4.24
10.79
Machinery
Merchandising
Institutional bond shares
Automobile
18%
North
4.25
7.26
7.11
-—
American
10
Bid
5
of
3.75
9.0&
9.20
shares—
shares
6.98
Alliance
Par
Co
3.82
9,85
11.23
Machinery shares-
Merchandise
6.24
American
9.90
6.55
Administered
Series
5.70
Life
6.51
10.36
shares—,
Electrical Equipment
Food shares—
General bond
Stock
Corporate bond series
Diversified Investment Fund—
Diversified prefeired stock
Diversified Industry
5.44
Building shares
5.13
Chemical
7.00
5.01
60 %
Home
Aetna Insurance
4.46
Bond
Bank stock
7.93
Aviation shares—
58%
10.61
Building supply
5.72
7.31
Group Securities—
Agricultural shares
27%
100
preferred
Insurance Companies
15.22
14.63
Aviation
-45.34
General Investors Trust
5 %
9.81
Agriculture
Automobile
6.68
42.17
82
26%
1
Low Priced Com Stock SeriesNew England Fund
1
New York Stocks Inc—
14.90
5.80
*
80
13.92
Selected Group Series
5.74
A—2
Corp:
2019
13.63
1
Stock
Speculative
33
5.16
4%s
12.30
series
Income
25.86
1
Fidelity Fund Inc
Ask
•
27.44
11.38
Securities—
Industrial
1
Bid
Common
7.97
25.38
shares
Preferred
Eaton & Howard—
Fund
income
103
4.30
1
Stock Series
Balanced
Conv
101%
5.03
1
National Investors
Corp
National Security Series—
150
Commonwealth Invest
Stocks—
4.92
10c
Balanced
3,060
100
Preferred
Ask
Chicago Rock Island & Pacific—
1994
Manhattan Bond Fund Inc—
Nation-Wide
Chemical
3 90
21.41
Century Shares Trust
issued)
49.00
4.59
8.26
Fund Ltd
Inv
Bid
ist 4s
103.19
48.02
4.43
95.83
Bullock Fund Ltd
Canadian
101.13
shares
Inc -__5
Co
*
10
Bonds-
Chicago Rock Island & Pacific¬
5.67
shares
Petroleum shares
1
Invest
5.10
Paper
19.80
5
Inc
Bowling Green Fund Inc___ _10c
and if
as
Managed Funds—
Automobile
Beneficial Corp
4.34
1
Loomis Sayles Mutual Fund
Loomis Sayles Second Fund
5
B
12.85
4.43
Series S-3
Series S-4
4.15
4%
Axe-Houghton
Axe-Houghton Fund
14.91
11,78
(When,
Ask
13.66
Series S-2
Knickerbocker Fund
series A_
Bid
Keystone Custodian Funds (Cont)—
32%
3.78
Associated Standard Oilstocks
Shares
Par
4.32
American Business Shares—
Reorganization Rails
Ask
1
dividend.
par
value,
fin
default.
yEk-$£hts.
•••<
'■*
yilfrese bonds
-,
.
are
subject to all Federal taxes.
tEx-liquldatlng
Volume
166
Number 4645
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1927)
THE COURSE OF BANK CLEARINGS
Bank
clearings this week will
Preliminary figures compiled by
show
an
based
us,
increase
compared with
a
year
Week
1947
Third Federal Reserve
ago.
1946.
At this center there is
1,001,575
Our
Lancaster
Week Ended Nov. 8
1947
770,000,000
545,000,000
+41.3
353,511,011
+42.3
cities)
Columbus
253,966,907
203,656,749
287,655,000
172,262,195
+45.3
191,273,060
139,301,453
+43.8
4,231,412
5,057,703
272,633,487
786,434,212
ends
Total
(7 cities)
Federal Reserve
$7,452,220,871
+35.5
2,603,280,644
2,000,512,256
+ 30.1
Virginia—Norfolk
+34.4
Richmond
South Carolina—Charleston
$12,701,113,221
$9,452,733,127
759,495,428
West
—68.4
+ 13.6
We cannot furnish them
District
today, inasmuch
Accordingly, in the above, the last day of the week in
In
we
the elaborate detailed
ended
Nov.
1.
For
that
all
statement, however, which
able to give final and
are
as
cases
appear
the week
—
they
are
improvement of 11.1%, in the St. Louis Reserve District
located and from
of
26.7%
and
in
Des
Federal
Reserve Districts
$
2d
New
Jd
York
12
Philadelphia
11
M
513,877,987
7,629,995,346
"
$
545,825.050
12 Cities
7,720,214,876
926,077,522
Dec. %
6,817,915,308
4.0
11,048,531
+ 14.4
43,089,584
158,500,000
12,831,606
39,400,316
160,400,000
0.5
6.5
+
12,945 ,162
+
58,622 ,675
210,300 ,000
+
3,798 ,526
2.0
7.1
+
2,894 ,064
73,305 ,036
827,777,210
+ 11.9
732,901,363
88,316 988
57,732,359
5.2
68,640,853
4,371,889
+
5,140 964
Cleveland
7
"
786,434,212
720,666,123
+
9.1
600,350,108
+ 17.5
6
"
408,339,567
385,250.634
+
6.5
321,333,534
298,398,528
576.011,197
556,223,256
+
3.6
424,261,442
416,186,511
706,390,485
42,645,019
59,802,339
4,878,566
476 ,507
+
8.3
301,271
100,423 ,334
+
2.4
75,542,894
335,370
90,786,698
556,223,256
+
3.6
424,261,442
416,186,511
1,472,054
+
8.5
449,002
8,334,775
+
13.9
4,596,558
5,159,481
47,730,000
+
33.0
6,460,218
I,522,066
+
6.4
+
6.7
6,669,410
4,117,784
13,493,569
+
4.1
46,018,483
+
7.2
+ 43.7
3,329,811
+ 14.4
28,171,045
12,458,652
3,210,327
34,403,000
2,981,348
II,006,516
33,662,904
-9.7
2,657,175
20,531,993"
8.0
—
9,253,660
+
976,887
+
8.3
794,105
670,987,912
+
12.1
560,718,516
4,439,884
515,713
+ 50.2
5,526,438
2,740,602
3,217,782
33,116,000
4,295,342
9,331,967
34,076,856
2,415,247
17,505,156
7,942,822
922,339
564,645,323
10,749,377
(17
5,827,862
+
9.3
7,859,872
3,873,628
+ 24.1
3,701,653
2,670,428
3,536,314
+
964,618,801
cities)
5,255,642
9,835,833
4,805,534
868,532,670
4.7
2,953,713
7,374,943
2,379,311
2,668,704
+ 11.1
706,390,485
704,502,407
+ 16.9
196,200,000
Eighth Federal Reserve
District—St. Louis
Louis—
647,141,107
Richmond
2,718,603
2,387,994
2,191,533
2.9
857,310,085
♦th
6th
1,403,241
7,024,000
2,842,528
+ 17.1
—
431,981,539
7,530,422,585
1.2
—
Total
$
451,321,102
298,398,528
+ 10.5
—
67,080,817
214,600,000
1,057,813
752,022,532
1944
%
6.2
+
321,333,534
385,250,634
13,452,615
Peoria
1st Boston
97,713,365
2,178,617
151,131,603
38,947,702
60,009,243
3,808,479
25,436,632
Moines
Springfield
1945
1,624,366
7,543,000
110,410,605
2,506,561
152,905,885
46,343,117
59,685,120
14,044,944
49,319,510
.
Rapids
Rockford
or
26.0
5.1
5,916,268
Decatur
Inc.
+
+
5,487,221
Chicago
1946
647,141,107
2,885,948
183,224,009
50,942,000
Sioux City
CLEARINGS
600,350,108
0.9
1,597,335
Illinois—Bloomington
Francisco Reserve District by 14.9%.
9.1
6,112,760
Bend
Iowa—Cedar
+
9,494,718
Haute
Wisconsin—Milwaukee
the
263,628,397
District—Chicago—
Arbor
Lansing
Indiana—Fort Wayne
Indianapolis
South
3,410,077
240,744,322
576,011,197
Rapids
Terre
2,608,676
5,599,645
6.7
516,036
Seventh Federal Reserve
Grand
2,652,924
+
102,819,102
(10 cities)
Michigan—Ann
18,608,000
6.1
+
92,874,055
6,039,694
Mississippi—Vicksburg
Total
+ 17.5
+ 23.8
4,067,670
Louisiana—New Orleans
In the Kansas City Reserve District the
larger by 11.2%, in the Dallas Reserve District by 25.2% and in the San
1947
+ 17.1
—
2,223,371
3,388,032
Mobile
Minneapolis Reserve District of 24.9%.
Week Ended Nov. 1
124,187,784
231,667,221
17,003,000
9,556,000
127,352,063
71,159,566
Alabama—Birmingham
District (including this
city) the totals record
loss of 1.2%, but in the Boston Reserve District the
totals register a gain of 6.2%
and in the Philadelphia Reserve Bank of
11.9%.
The Cleveland Reserve District
has to its credit a gain of 9.1%, the Richmond Reserve District
of 6.5% and the
Atlanta Reserve District of 3.6%.
In the Chicago Reserve District the totals show
BANK
4,635,952
114,998,005
214,039,958
2,801,738
Macon
Florida—Jacksonville
the week
this it appears that in the New York
Or
3,707,254
8.1
13,466,225
I
Augusta
week
SUMMARY
10.0
+
District—Atlanta—
Georgia—Atlanta
a
are
+
+ 11.5
408,339,567
(6 cities)
Nashville
present further below,,
we
cities according to the Federal Reserve Districts in which
totals
11,9
202,500,228
Tennessee—Knoxville
there was an increase of
4.7%, the aggregate of
clearings for the whole country having amounted to
$14,276,376,091 against $13,636,238,170 in the same week in 1946.
Outside of this city there was a
gain of 12.2%,
the bank clearings at this center
having recorded a loss of 1.4%.
We group the
an
+
11,833,000
128,484,997
3,034,484
_
Columbia—Washington.
Sixth Federal Reserve
has to be estimated.
complete results for the week previous
of
Total
not available at time of going to
press.
are
Virginia—Huntington
Maryland—Baltimore
2,400,322,393
$13,460,608,649 $11,853,055,520
issue of next week.
1,725,407
1,757,104
3.6
District—Richmond—
$10,097,832,577
Saturday and the Saturday figures
+ 17.4
+
720,666,123
26,220,400
Youngstown
Pennsylvania—Pittsburgh
Fifth
Complete and exact details for the week covered by the
foregoing will
our
+ 16.5
5,594,789
158,086,665
270,151,436
22,384,900
3,601,227
5,384,579
255,462,527
_
Ten cities, five days
in
857,310,085
—
+47.1
200,353,591
Total all cities for week
4,716,700
732,901,363
6,153,391
+ 17.1
281,438,200
All cities, one day
3,605,471
1,885,014
1,793,112
6.066.844
5.198.845
170,851,885
301,285,934
Other cities, five days
£
4,078,463
8.5
+
District—Cleveland—•
Mansfield
+ 24.7
250,359,640
Total all cities, five days
+ 12.1
+
Ohio—Canton
+24.7
206,400,000
336,814,000
Pittsburgh
2,092,574
839,000,000
1,908,560
827,777,210
Cincinnati
257,400,000
Baltimore
2,250,432
4,130,431
Cleveland
502,934,241
Cleveland
2,249,204
707,000,000
5.3
7,619 487
Fourth Federal Reserve
+23.0
City
+ 12.1
—16.2
%
490,686,656
8t. Louis
718,564
2,762,258
(11
603,415,593
San Francisco
583,405
1,202,300
7.8
4,746,431
2,329,687
New Jersey—Trenton
+36.6
Boston
729,783
936,520
713,146
892*000', 000
Wilkes-Barre
$4,862,474,747
Philadelphia
Kansas
1946
$
+ 35.1
926,077,522
I__I
Delaware—Wilmington
$6,641,150,495
Chicago
1944
$
—33.3
2,923,906
796,000,000
2,624,278
4,235,815
2,546,439
3,546,129
6,491,753
6,191,607
Scranton
Clearings—Returns by Telegraph
New York
1945
832,811
6,417*321
Philadelphia
Total
1
1,194,949
1,189,523
3 151 404.
Reading
com¬
Nov.
or
Dec. 7o
793^553
Chester
York
gain for the week ended Friday of 36.6%.
parative summary for the week follows:
a
Inc.
1,125,295
Bethlehem
cities of the country, indicate that for
the week ended
Saturday, Nov. 8, clearings
fpr all cities of the United States from which it is
possible to obtain weekly clear¬
ings will be 13.6% above those of the
corresponding week last year. Our prelim¬
inary total stands at $13,460,608,649 against
$11,853,055,520 for the same week in
$
District—Philadelphia-
Pennsylvania— Altoona
telegraphic advices from the chief
upon
Ended
1946
$
43
704,502,407
6th
Atlanta
7th
Chicago
8th
St.
10
Dth
17
San
964.618,801
868,532,670
+ 11.1
"
539,171,024
425.486,794
+26.7
345,226,333
"
416,451,970
333,506,155
+24.9
267,661,255
"
480,187,545
431,930,968
+ 11.2
317,563,268
292,545,696
"
280,864,915
224,301,839
+25.2
167,456,029
151,428,797
10
"
722,338,942
628,469,658
+ 14.9
514,566,892
528,652,307
7
Francisco
Total
112
Outside
cities)
Cities
14,276,376,091
13,636,238,170
6,872,402,898
New York City
Ninth
6,124,161,214
add
now
our
detailed statement
12,379,454,396
1947
1946
$
$
Clearings at—
+12.2
5,028,919,653
5,075,955,252
Dakota—Fargo
Dakota—Aberdeen
Portland
Ended
Inc.
Nov.
Total
(7
or
Dec. %
Tenth
1
1945
$
1,691,036
cities)
—
1.3
1,007,622
868,370
4,102,510
+
2.8
3,755,933
+
6.4
384,129,864
371,555,065
2,160,068
—13.0
1,522,253
1,788,309
+ 44.9
748,185
869,655
7.0
1,845,288
1,674,298
1.4
7,272,376
845,642
2,097,335
Springfield
7,726,402
7,838,327
Worcester
5,373,567
4,500,611
21,992,382
19,894,880
10,082,172
9,228,112
Connecticut—Hartford
New Haven
Island—Prov(dpnp.«.
Hampshire—Manchester
cities)
Blnghamton
24,437,500
24,674,200
1,376,019
1,039,449
545,825,050
513,877,987
+
—
+ 19.4
4,131,180
17,445,188
8,532,951
6,902,478
1.0
19,802,200
11,442,041
—
+ 32.4
6.2
+
451,321,102
431,981,539
+
3.8
10,201,487
York
Rochester
2,342,208
+
3.5
1,766,281
Jersey—Motitclalr.
+
2.4
60,020,750
64,886,000
1,258,811
4.6
922,698
1,637,476
+ 13.9
1,084,158
7,403,973,193
1,021,590
7,512,076,956
—
1.4
7,350,534,743
6,622,296,897
15,196,109
+ 10.5
13,061,732
+
2.6
7,871,989
(12 cities)
+ 23.4
7,702,833
—13.3
47,242,736
42,066,154
7,720,214,876
3,895,624
267,661,255
223,813,556
214,304
—17.2
440,556
340,460
+
42.8
370,431
+
7.1
4,743,785
110,836,899
230,933
302,358
3,634,205
+
9.9
83,016,453
4,713,383
+ 70.3
76,653,122
3,186,017
9,168,218
+ 33.4
6,881,857
209,900,375
7,234,765
2,143,195
6,061,521
195,210,085
287,464,411
+
10.5
10,876,817
+
5.0
660,988
1,428,828
431,930,968
+
15.3
+ 12.3
.
—
1.2
6,666,540
749,747
—49.8
945,665
8.7
1,069,616
893,990
+11.2
317,563,268
292,545,696
+ 30.2
3,364,977
+ 26.2
135,103,000
2,572,112
122,747,000
15,476,447
+
28,978,825
2,787,111
6,968,631
"
(6 cities)
4,133,000
2,276,702
+ 22.4
8,259,721
—15.6
17,584,845
3,737,000
1,896,857
5.769,350
280,864,915
I
-
4,729,512
182,962,000
21,940,904
5,097,000
Twelfth Federal Reserve
224,301,839
+ 25.2
167,456,029
151,428,797
+
32.1
+ 23.3
3,732,000
1,530,278
5,370,960
3!587',757
Oregon—Portland
Utah—Salt
Lake
California—Long
134,359,098
City
50,646,999
Beach
San
Jose
Santa Barbara
Stockton
.
m
,
,
Total
(10 cities)
72,739,473
80,726,780
—16.4
3,552,376
+ 58.5
68,500,184
+ 24.0
31,287,028
6,678,434
2,965,033
77,835,508
26,983,301
7,796,143
313,905,000
*
5,914,809
5,888,230
367,560,677
10,-376,527
3,891,979
9,161,633
722,398,942
11,074,603
3,127,831
,
Grand Total (112 cities)
New York
.
8,074,584
628,469,658
—...
+ 44.4
+
17.2
+
5.2
5,168,319
307,651,424
6.3
9,481,367
+ 24.4
2,651,938
+ 13.5
6,856,349
4,708,235
+ 14.9
514,566,892
528,652,307
4.7
12,379,454,396
11,698,252,149
5,028,919,653
5,075,955,252
—
_
14,276,376,091
J
Outside
+ 11.9
4,291,595
8,540,860
Francisco
San
96,899,536
84,795,192
40,842,601
6,£99,882
386-516,000
Pasadena
40,092,767
6,817,915,308
108,418,207
Yakima
32,259,884
40,572,701
District—San Francisco
Washington—Seattle
537,989
35,947,657
7,530,422,585
6,158,348
230,875,000
Louisiana—Shreveport
„
7,629,995,346
2,297,762
6,753,452
6,000,408
480,187,545
(10 cities)
Dallas
7,849,892
735,556
'
41,949,385
1,667,705
2,765,522
+ 21.3
+24.9
332,010
Galveston
Wichita Falls
7,271,261
8,983,894
48,370,945
2,282,433
+ 42.1
333,506,155
1,553,678
Fort Worth
12,458,039
10,105,515
11,088,240
•
Northern New Jersey.
Tetal
—
16,785,822
759,424
2,520,151
+ 18.5
Eleventh Federal
Reserve District—Dallas—
1,174,662
1,437,839
658,594
5,669,497
3,002,260
3,115,476
8,201,381
8,025,292
Texas—Austin
1,625,114
72,596,540
10,372,246
Syracuse
Connecticut—Stamford
+ 32.9
50,446,705
3,944,268
26,441,213
2,424,219
1,200,391
Jamestown
5,135,679
156,425,813
54,217,497
12,230,492
317,523,905
11,418,406
City
Pueblo
677,475
5.480,886
193,641,314
26.8
+
121,823,968
Colorado—Colorado Springs
Total
6.3
+ 24.6
+
486^ 180
Joseph
Total
11,874,939
ElmJra
Newark
St.
18,034,900
1,128,062
68,446,707
364,852
Wichita
17,976,181
9.3
6,544,068
238,526,766
3,140,361
+ 10.5
+
74,366,545
Buffalo
Hew
328,376,308
6,428,762
Missouri—Kansas
Federal Reserve District—New
York-
York—Albany.
New
345,226,333
District—Kansas City-
5,203,666
1,225,355
Bedford
Federal Reserve
Kansas—Topeka
3,290,781
435,805,817
2,245,136
Hew
1,787,458
+26.7
416,451,970
Omaha
463,599,848
Lowell
Second
1,597,265
Hastings
$
1,878,933
——
New
(12
63,813,438
+ 63.9
Nebraska—Fremont
1944
4,218,487
r
River
Total
1,492,886
425,486,794
7,532,936
3,558,087
4,426,512
9,950,194
Lincoln
1,669,249
—
Massachusetts—Boston
Hew
191,300,000
71,475,412
71,289,058
86,763,834
Montana—Billings
First Federal Reserve District—Boston-
Rhode
76,140,010
6,959,093
North
11,698,252,149
showing the figures for each city for the
Week
Pall
15.5
+ 65.7
297,261,314
week ended Nov. 1 for four years:
Maine—Bangor
+
District—Minneapolis—
Paul
South
4.7
+
Federal Reserve
Helena
We
98,062,493
86,931,415
539,171,024
__
Minnesota.—Duluth
Minneapolis
St.
Total
(4
I
239,000,000
144,067,239
2,447,329
223,813,556
10
City
279,400,000
113,256,456
.
328,376,308
6
Kansas
llth Dallas
12th
"
4
Louis
Minneapolis
10th
"
Missouri—St. Louis
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
13,636,238,170
6,872,402,898
6,124,161,214
+
+12.2
4,573,599
7,196,747
1,961,961
44
THE
(1928)
Condition Statement of Member Banks
V'
The
ber
condition
banks
cities
statement
the
of
(E. W.)
Buffalo
Butte Electric & Power
week ended Oct. 29:
-
CHRONICLE
Date
Electric
Detroit
following
FINANCIAL
Co., $2.25 conv. preferred stock
Niagara
of
weekly reporting mem¬
System in leading
principal changes for the
&
Company and Issue—
Bliss
Reserve
Federal
the
shows
COMMERCIAL
Edison
General
Corp.,
2'% %
14
1
*
Co., 1st mtge. 5s, due 1951
Any time
and
ref.
mtge.
4s,
series F, due 1965
1st mtge. bonds, due
Duquesne Light Co., 3Vi%
Horne (Joseph)
Co., 6% preferred
17
1148
Canadian
1965_Dec
1
1354
Class
Dec
United States Government bonds increased $34,000,000.
15
1579
Welsbach Engineering & Management Corp.—
Collateral trust 5s, due 1953
?
Demand deposits adjusted increased in nearly all dis¬
tricts, the principal increases being $116,000,000 in New
York City, $71,000,000 in the Chicago district,
$35,000,000
in the Cleveland district, $28,000,000 in the San Fran¬
cisco district and $24,000,000 in the Minneapolis district.
Demand deposits credited
in nearly all districts.
to domestic
banks
decreased
Borrowings increased $166,000,000 in New York City,
$37,000,000 in the Chicago district, $15,000,000 in the San
Francisco district and $270,000,000 at all
reporting mem¬
;
ber banks.
A
Service
1st & ref. mtge.
1st lien
&
Gas
lien
1st
1st
&
5%
&
Electric
collat.
ref.
&
Terminal
1
Feb
1
*
6%
bds.,
A, due
ser.
1951
Dec
1356
1
Jan
1
1
*
preferred stock
junior preferred
7%
Oct. 29,
Oct. 22,
Oct. 30,
1947
investments—total
65,034
Commercial
industrial,
and
424
13,817
to
brokers and dealers for
chasing
U.
S.
or
*2004
Charis
*2004
1687
222
—
5%
Jan
tfVol.
1056
71
+
113
2
S.
4*
3
+
992
33
16
+
755
769
loans
indebtedness
169
+
28
with
212
30,973
34
21
995
164.
Transacted by R. L. Day &
Co., Boston,
on
Wednesday,
12,309
112
667
816
16
51
Balances with domestic
2,352
banks
77
26
2,586
—
STOCKS
Shares
Brattleboro Trust Co., Vermont,
334
16
Porcupine Land Associates,
H.
Smith
B.
common
($1
par)
6
Ltd
Demand deposits
adjusted
47,771
+
14,541
+
1,051
—
304
1,584
+
6
691
+
Co
Abbot
Worsted
demand deposits:
Domestic banks
3,981
—
Interbank
demand
Interbank
and
7
1,414
14
46
368
Foreign banks
Borrowings
to
365
+
+
270
174
9,664
—
($100
par)
109
Abbot
Worsted
Co.
Manufacturers
150
Associated
44
Co.,
($100
Central
Textile
Inc., common
National
Cos.,
Bank,
Lynn
($20
par)—
common
DIVIDENDS
we
current
U.
S.
Govt,
and Investment
The
Name of Company
Electric Corp., common
5%
Date
General
Corp., common stock
Salitrera de Taiapaca y Antofagasta
interest bearing bonds, series A to N, incl
Cooper-Bessemer Corp., $3 prior preference stock
Dec
6s,
Page
1469
31
Nov 20
•
Nov
15
*
Dec
3
*
Nov 14
Nov 10
Nov 15
due
1149
1788
1949Nov
1255
*
19
PARTIAL REDEMPTION
3 Vi%
Date
Page
1959
Dec
1349
26
1785
Dec
Corp., collateral trust 4s, due 1956
31
Nov
debentures
1
*
Firestone Tire & Rubber Co., 4Vi% preferred stock
Gerrard (S. A.) Co., preferred stock
Nov 15
948
Nov 29
1683
Hanna
Dec
1
1579
(M. A.)
Co., $4.25 preferred stock
Lefcourt Realty Corp., prior preferred stock
Metropolitan Ice Co., 7% 1st mtge. bonds, due 1954
Midi RR. Co., 4% bonds, foreign series, due 1960
National Vulcanized Fibre Co.,
110 So. Pennsylvania Ave. Corp.,
1481
Nov
16
Jan
1
*
Dec
1
1790
debs., due 1960
Nov 14
1st mtge. 6% inc. bondsDec
1
1484
4V4%
*
Pittsburgh Steel Co.—
1st mtge. bonds, 4Vi% series, due 1950
Dec
1
1st mtge, bonds, series B, 4 V2 %, due 1950
Dec
1
1st mtge. bonds, sevies C, 4x/2 %, due 1950
Dec
1
Poli-New England Theatres, Inc.—
1st mortgage bonds, due 1953
Nov 24
Revere Copper & Brass, Inc., 1st mtge. 3!4s, due 1960—Nov 15
Spalding (A. G.) & Bros., debentures
Dec
1
Walgreen Co., 4% preferred stock
Nov 10
Industries,
American
Automobile
Louis)
Date
W.
Paper Co., Inc., 6% conv. notes
American Department Stores Corp. of Pa., 4% -6%
.
.
Jan
1
Page
1350
1
—Dec
vertible
debentures, due 1948.
j.Atlantic City Gas Co.—
:
v—
•
%,■
1st lien
ref. mtge. 5% bonds, due 1957
1st mtge. 5% bonds, due 1960
Socket
&
Furniture
Mart,
& El.
dividend
Co.
(2/100ths
Electric
Co.,
Insulator
Corp.
share
6%
•
•
Metal
Jan
__Jan
1
1
•
•
Payable of Rec.
12-15
Dennison
Mfg.
House,
Dominion
$3.25
Ltd.,
Paso
11-
11-10
Federal
12-27
12-12
Fishman
12-15
11-22
11-21
1
Fansteel
12-
1
11-15
12-
1
11-20
$3
12-
1
11-18
12-15
ll-i2
Fitz
11-12
4
11-15
1
11-14
25c
12-
1
11-20
Gilbert
12-
1
preferred A
(quar.)
Seating
Co.
(year-end)
11-20
Golden
37'/2c
12-15
12-
1
Great
12-15
12-
1
12-15
12-
1
12-10
11-20
12-23
12-
7%
dividend
1st
20%
12-23
12-
5
$1.75
12-22
12-
5
American
Steel
American
Writing
Foundries
50c
(initial)
Paper
Oil
(interim)
(irreg.)
Corp.
B
Atlantic
class A
Corp.,
(s-a)
Co.
(quar.)
$1.20
11-21
1
11-21
12-
1
Canada,
Ltd.
Seelig Mfg.
12-15
12-
1
12-15
12-
1
12-15
11-21
$1
12-10
11-25
50c
11-15
11-15
11-
5
*25c
(quar.)
11-28
$1
-
&
1
12-
37Vic
Co.
Extra
Barlow
12-
11-15
10c
Refining
of
12-15
5
10c
(s-a)
Powder
12-
25c
quar.)
(year-end)
Atlas
Tack
(quar.)
Bankers & Shippers, Inc.
(quar.)
12-15
12-
1
*25c
12-15
12-
1
Co.—
A
(quar.)
(irreg.)
Belden Manufacturing Co.
30c
(quar.)
12-
1
11-17
20c
12-
1
11-17
12-
30c
Hills
$4.20
Power
Co.
preferred
Blaw-Knox
Co.
Light Co.,
(quar.)
com.
(quar.)
(increased)
1-2-48
12-21
1-2-48
12-21
30c
$1.05
25c
12-
1
12-
1
11-20
12-15
11-17
11-20
25c
Mills
$2.75
preferred
(quar.)
:
Corp. of America (quar.)
Bristol-Myers Co. (reduced)
3%%
participating
Columbia
preferred
11-17
11-15
11- 1
$1
(quar.)
12-15
68%c
11-
1
10-30
50c
Inc.,
Extra
British
11-17
50c
(quar.)
&
11-17
1-2-48
$1
Manufacturing
Extra
1
30c
Extra
11-
1
10-30
62Vic
12-10
11-25
2
11-17
93%c 1-15-48
1- 2
40c
(quar.)
Forest Products, Ltd.—
Initial
*15c
Co., common
preferred (quar.)
class A
Silk
Mills,
preferred
Forge Co.
Burton-Dixie Corp.
Year-end
Co.
(year-end)
(quar.)
(year-end)—(increased quar.)
1
11-15
11-28
11-17
12-12
11-28
1-2-48
12-19
11-15
11-
7
12-15
11-17
12-22
12-
5
8
12-26
12-
11-28
11-14
50c
11-15
10-31
12-
50c
1
11-15
12-16
11-28
7Vic
11-28
11-14
12-
1
11-15
25c
12-
1
11-15
12-
1
11-20
& Dock Co.—
50c
of
Co.
11-24
12-15
11-29
$0.0231
11-18
11-10
11-24
France—
deposit
Industries
12-10
1-2-48
$1
receipts
Co.
(irreg.)
(increased)
preferred
Bennett
State
Co.,
(quar.)_._
(N.
Y.)
Atlantic
&
preferred
Pacific
Tea
2-2-48
12-15
11-25
$1
pfd.
11-13
2-2-48
25c
Indemnity Co.
II-
12-10
11-15
10-31
$1
12-31
12-
12-15
11-20
$1
12-
1
11-13
$1.75
Mfg. Co
Ltd., 4%
11-15
93%c
common
(quar.)
Equipment
Precision
American
15c
lOc
Corp.,
(quar.)
75c
$1.25
Motors
12-
1
11-13
5
1-
5
1-
5
8
—
Co., common..
(quar.)
Group Securities, Inc.—
Agricultural Shares
8c
Extra
11-14
11-
5
6c
Automobile
Extra
11-14
11-
5
7c
Shares
11-14
11-
5
7c
11-14
11-
5
Shares
5c
11-14
11-
5
Building Shares
6c
11-14
11-
5
7c
Aviation
Chemical
Shares
Food
Fully
Administered
Shares
Extra
General
Bond
Shares
Extra
Industrial
Machinery Shares
Ef
6c
11-14
11-
5
11-14
11-
11-14
11-
5
11-14
11-
5
11-14
11-
5
Shares
5
7c
Companies
Priced
Extra
Merchandising
Shares
Extra
5
11-14
11-
5
11-14
11-
5
11-14
11-
5
11-14
11-
5
6c
Shares
5
11-
4c
Shares
11-
11-14
7V2c
__
11-14
9c
10c
Investing
11-14
11-
5
9c
Bond
Equipment
Railroad
Stock
Extra
11-
5
11-14
11-
5
11-14
11-
5
6c
Shares
Shares
Shares
5
11-14
11-14
11-
5.
6c
Railroad
:il-
6c
Extra
11-
11-14
3c
Shares
5
11-14
2c
Railroad
5
11-
6c
Shares
Extra
5
11-
11-14
5c
Petroleum
11-
11-14
1 y2c
Extra
11-14
6Vic
Mining Shares
Steel
11-
9 Vic
Institutional
Low
5
11-14
7c
»_
5
11-
9c
Shares
5
11-
4Vic
Extra
11-
11-14
5Vic
Shares
11-14
8 Vic
Equipment
11-14
5c
11 Vic
Extra
Electrical
11-14
11- 5.
4c
11-14
5
11-
5
Tobacco
Shares
4c
11-14
11-
5
Utilities
Shares
3c
11-14
11-
&
11-14
11-
5
12-
11-17
Extra
4c
$1
12-15
1-2-48
12- 1
12-20
12- 1
12-
60c
(quar.)
Harbison-Walker Refractories,
6%
preferred
(quar.)
45o
11-20
50c
11-17
11-18
11-18
1
$1.02Vi
(quar.)
12-15
12- 1
2
12-
*25c
(quar.)
common
Hackensack
30c
I-
25c
11-14
1-15
11-17
11-17
2
1-15-48
25c
12-15
11-28
2
1-
50c
Corp. (quar.)_,
$1 Stores—
2-2-48
—$1.55
5
1-
50c
Corp
$1.25
Ltd
:
11-
1-15-48
25c
(quar.)
common
30c
12- 1
90c 1-31-48
*30c
12-15
(quar.)
5
1-15-48
4%
(quar.)
(quar.)
*30c
Shoe
Extra
12-
12-
1
7 Vic
Extra
class
Common
$5
5
10c
(increased
Financial
Class
Bruck
12-
11-7
8
30c
Extra
Black
11-28
12-20
12-
20c
Artloom
Bibb
12-15
25c
5%
Ltd.
Co.,
Anheuser-Busch, Inc.
Applied Arts Corp
Astor
5
preferred
Stock
11-15
15c
Quarterly
Great
1
81V4c
American
Smelting & Refining—Common (year-end cash dividend)
12-
$1
Connell Dredge
preferred
$1.50
class A
11-17
*38c
"
&
12-
12-10
75c
Gas,
Company,
General
$5
8
8
25c
(accum.)
1
American
12-
5
11-15
12-
25c
Motor
12-
11-17
1
12Vic
pfd.
& Engineering
(M. H.) Co. 5c to
preferred
12-15
1
12-
20c
(extra)
Year-end
General
11-15
12-
15c
(quar.)
Metallurgical
Simons &
Ford
11-29
30c
Co
Resumed
$4
11-14
$1.75
(quar.)
(year-end)
Mfg.
Flintkote
II-
11-29
$1.75
6%
11-18
4!/2c
(quar.)
common
Ltd.,
11-14
Corp.—
Associates
Co.,
1
$1
Quarterly
$1
Corp.,
Works
Corp.
(reduced)
(stock dividend)
Utilities
Eddy Paper
$1
Chemical
11-10
Steamship Lines, Inc., com.
preferred (quar. 1
Eastern
37 Vic
&
11-14
1
12-
17Vic
convertible
$3.75
(quar.)
Potash
11-29
Eelectric
12-12
—
common
11-14
$1.50
(quar.)
A
2nd
Dumont
$1.50
(Illinois)
11-15
11-15
Co.
preferred
Drug Co. (quar.)
75c
B
American
Co.,
preferred
General
(s-a)
1
12-15
preferred
Ltd.,
Coal,
Chemical
Natural
12-
11-21
12-
12-15
4.10% preferred (quar.)
Employers Reinsurance Corp. (quar.)
Farjardo Sugar Co. of Porto Rico
11-25
5
12-22
El
1-2-48
11-21
12-
12-
11-20
2c
5
12-31
11-20
$1.18%
11-15
12-
40c
Extra
•
1
30c
Co., class A
Inc. (quar.)
Auto-Lite
Atlan¬
(monthly)
11-15
12-
(quar.)
11-21
12-15
11-20
1
Products
Electric
12 Vic
of
1
12-
(quar.)
Floor
11-25
2oc
12-
(quar.)
1
12-
11-20
(Chicago)
12-12
12-15
1
(Chicago)
Securities
11-20
of Delaware—
Co.
Co.,
preferred
Class
Buffalo
%
Holder %
12-
Ltd.—
Knowles Loom
Delaware
25c
Investment
American
$4
When
50c
(extra)
Door
Dow
11-18
37Vic
(quar.)
7%
$4
1
*50c
Co.
Sons,
Dow
12-
12-
50c
Varnish
&
preferred
11-15
common)
prior preferred
Brunswick-Balke-Collender
con¬
1
12-15
25c
60c
Metal
(St.
(quar.)
$6 pfd. (s-a)
dividend) (quar.)
(cash
preferred (quar.)
Hydraulics, Inc.
$3.60
Company and Issue—
1
$3
Mills,
Dahlstrom
$2
20c
Forging
City
Brown
1%
Insurance
Brewing
1526
12-
75c
Cushman's
25c
Inc
(quar.)
Bourne
1259
1
12-15
60c
Casualty
Forster
$1.25
(s-a)
(s-a)
Aluminum
<■
1792
1
12-
Corp.—
Capital Corp., class A
&
25c
Co.
Year-end
1584
12-
12-15
40c
20c
Co.
Laboratories
Bourjois,
*
1
12-15
30c
25c
Finance
,:i
ENTIRE ISSUE CALLED
P.
$1
Extra
Allied
Barber-Ellis
due
$2.50
Albany & Vermont RR.
Atlas
Elk Horn Coal
Co.
Anglo-Iranian
non-
Curtiss-Wright Corp., class A stock
Ellicott Square Co. of Buffalo, 1st mtge. 5s
Hotel St. George Corp., 1st mtge. 4s, due 1950
Lit Brothers. 6% preferred stock
Corp.,
7V2c
(quar.)
1%
Company and Issue—
12-
(quar.)
Corporation
are:
Share
(quar.)
(s-a>
American
OF TENDER
12-15
75c
quar.)
Textile
preferred
Dobbs
I-17
7-17
8-1-48
(year-end)
Eastern
week
Increased
Compania
Grocers
this
2V2c
preferred
Steel
American
bonds, notes,
preferred and common 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
which the details were given in the "Chronicle."
Company and Issue—
Algoma Central Terminals, Ltd.—
1st mtge. 5% deb. stock and bonds
announced
Acme
Convertible
list of corporate
1st mtge. inc.
in the week when
Per
American
Notices
A.
B
Duplan Corp.
dividends
American
Redemption Calls and Sinking Fund
Kational Sash Weight Corp.,
News Department"
declared.
tic
NOTICES
table in
Corporation
4%%
a
second
a
2-1-48
$2
$1.50
(s-a)
(quar.)
Paint
ord of past dividend payments in
many cases are given
under the company name in our "General
American Gas
20,394
Below will be found
follow with
we
previously announced, but
yet been paid. Further details and rec¬
which have not
Stock
vConsolidated
Then
show the dividends
we
American
accounts,
during week
American
week.
5
11-14
Co.—
(year-end)
7%
11-
12-12
Broadcasting System—
Cook
grouped in two separate tables. In the
bring together all the dividends announced the
11-15
$1
Extra
are
1
20c
(quar.)
A
Crum
11-14
12-
$20.65
(increased
Continental
2
1
12-15
$2
A
Continental Assurance Co.
25
12-
25c
Extra
110
11-15
11-15
RR.—
;
1
Class
5
par)_
4
1
1
Milling & Elevator Co.—
preferred
5%
11-
12-
12-
$2.50
Bend
Corp. (quar.)
Inc., common (increasedi_
Stores,
Consolidated
$2 lot
Rockland-Rockport Lime
American
deposit accounts except
(irreg.)
(year-end)
Class
Barrington Brick Co., preferred; 21 Barrington prick Co.,
Co.
11-15
75c
(s-a)
preferred
$3
7%
50
Allied
404
c.
International
Columbia
40
4
$2
Colorado
$ per share
21
Acme
Time deposits, except Govt
D. 6. Government deposits
Debits
preferred
Common
Extra
liabilities-
t.
v.
4%
preferred
(s-a)
Coca-Cola Co., $3 class
Common
(quar.)
4%
1
1
11-
50c
Class
A
(s-a)
Collins & Aikman
Nov. 5:
12-
12-
11-15
20c
preferred A
4%
12-15
12-15
50c
Corp.
Colonial
309
3,962
—
11-15
(quar.)__
Corp.
(increased quar.)
Cincinnati Inter-Terminal Railroad
337
4,270
Federal Reserve Banks
93
2,418
vault
in
12
—
4,032
securities
Reserve
Cash
of
bonds
Other
533
10
21
187
Treasury bills
Treasury certificates
Treasury notes
U.
—
496
loans
Loans to banks
Other
11
480
3,316
3,306
estate
1
15c
Corp.
Chicago South Shore & South
Quarterly
Chilton Company
(quar.)
1260
1
Auction Sales
which
U. S. Government obligations
Other securities
7
12-
Chrysler
1619
11-22
i5c
Common
442
564
securities
62
Other loans for purchasing or carrying:
Real
Ribbon
Crown
406
11-
(quar.)
Mills
(quar.)
Surety & Insurance
Coca-Cola
Dividends
.
1
Extra
first
obligations
7
12-
Extra
1
(Hamilton), Ltd., 1st mortgage 5s„_Jan
2,992
+
11-
Extra
*
165.
Century
Crompton &
carrying:
Government
Other
+
8
1
Chicago Corp., $3 preference (quar.)
Chicago & North Western Railway Co.—
preferred
2.006
pur¬
11-
12-
90c
Central
3.6%
3,868
+
8
11-22
15c
27Vic
1790
1792
agricultural
loans
Loans
+
—
11-
75c
*2004
1
1946
5
22,572
Loans—total
+
11-15
(quar.)
com.
31
Jkisets—
and
11-15
1
(s-a)
Power,
preferred
(quar.)_
Central Ohio Light & Power Co.—
Cory
1947
Loans
preferred
Central Arizona Light &
Dec
Puget Sound Pulp & Timber Co., 6% preferred stock
Jan
1
Republic Petroleum Co. 5Vi% conv. pid. stock, ser. A—Nov 15
Simplicity Pattern Co., Inc.—
5Vi%
convertible preferred stock
Nov 15
50
Dec. (—) Since
issue
1
12-
75c
Any time
Power Co.—
Anytime
Any time
stock
Dec
*Vol.
12-10
12-
(s-a)
1685
common
Inc. (+) or
prfeerred
20
1368
this issue.
11-28
1-2-48
Co.—
1685
bonds, due 1948
bonds, due 1949
Niagara Falls Hotel Corp., 4Vi% mtge. bonds due 1950—Jan
Peoples Gas Co., 1st mtge. 5Vis, due 1960, and 5s, due
•Announcement in
11-28
1-1-48
12V2c
Nov
5%
11-28
11-28
1-1-48
$1.06(4
20
stock
money 4%
Theatre Properties
2nd
issue
(initial)
com
Nov
1st consolidated mortgage 5s, due 1948
New York Gas & Electric Light, Heat &
1st mortgage
1st
11-15
1-1-48
Ltd.—
$1.10
Moore-McCormack Lines, Inc., $2.50 preferred
New Amsterdam Gas Co.—
Purchase
A
Railroad
5%
*
1967—Jan
Boxes,
(quar.)
Company, new
preferred (quar.)
5%
ext.
(quar.)
Wirebound
Catawissa
Co.—
(quar.)
*18%c
*37Vic
com.
1-2-48
*$1.12V2
Ltd.,
&
4J/4%
bonds, due 1967
569
dollars)
Carman
11-20
1
12-
*50c
(quar.)
class
12-20
*32 Vic
*$1.12Vi
$25c
Products,
preference
$1.50
Co.—
A, B and C, due
member banks follows:
(In millions of
4 V2 %
*
50-year 5 ft
gen.
&
6%
mtge.
Jan
mtge. bonds, ser.
Kentucky Utilities Co.—
Ref
A
Canadian
bonds, series A, due 1950
ref. mtge. 5 % bonds, due 1963
Jacksonville
100
of the assets and liabilities of reporting
summary
Corp.—
Food
Holdert
Payable of Ree.
Share
Canada Cement, Ltd., $1.30 pref. (quar.)___
Canada Safeway, Ltd., 4Vi% pfd.
(quar.)__
Canadian Breweries, Ltd.
(quar.)
Nov
stock
Indiana
Interstate
12142
Co.—
When
Per
Name of Company
1575
1951Dec
due
$222,000,000 in commercial, industrial
and agricultural loans, decreases of $440,000,000 in hold¬
ings of United States Government obligations, $404,000,000 in United States Government deposits and $365,000,000 in demand deposits credited to domestic banks, and
increases of $304,000,000 in demand deposits adjusted
and $270,000,000 in borrowings.
Commercial, industrial and agricultural
loans in¬
creased in all districts, the principal increases being
$107,000,000 in New York City, $23,000,000 in the Chi¬
cago District, $21,000,000 in the St. Louis district and
$17,000,000 each ih the Dallas and San Francisco districts.
XiOans to brokers and dealers for purchasing or carrying
United States Government securities increased $62,000,OOO.
Loans to brokers and dealers for purchasing or
carrying other securities increased $71,000,000.
Holdings of Treasury bills, Treasury certificates of
indebtedness and Treasury notes decreased $169,000,000,
$93,000,000 and $212,000,000 respectively. Holdings of
An increase of
Page
Nov
debs.,
Monday, November 10, 1947
Hanna
$4.25
(M.
Water
Co.
(s-a)
A.)
Co., common
preferred
(quar.)
Hartford-Empire
Haskelite
85c
(year-end)
$1.60
(quar.)_
Glass
Co.
(quar.)—...-
1
11-15
50c
1
11-13
25c
Mfg.
Hazel-Atlas
1212-
$1.50 1-20-48
Co.___^
Corp
(resumed)
Hathaway Bakeries, Inc. (quar.)
12-
$1.06Vi
•
com.
1
12-12
12Vic
«.
*
25c
30c
-
.
2
1-6
11-12
11-
5
12-12
12-
1
12-
11-20
1
1-2-48
12-12*
Per
Name of Company
Hecla
Share
(quar.)
Hobart Manufacturing Co.,
class A
(increased
Co.
(quar.)_
Oil
(year-end)
Inc. (irreg.)
Corp.
Barbizon,
Houston
Lighting
Howard
Stores
Power
&
Corp.;
convertible partic.
Gas
preferred
Nickel
;
Co.
(quar.)
'.
(quar.)—
common
(quar.)_,
Consolidada
S.
American
A.,
pfd.
Lake Shore Mines, Ltd. (quar.)
Lansing Stamping Co. (irreg.)
Laura Secord Candy Shops, Ltd.
Liberty Loan Corp..:
shares
(quar.)—
-
Star
Lowney
(increased
Gas
(W.
Co.
M.),
Lunkenheimer
Co.
(quar.)
&
partic. pfd.
Paper
Wall
Mastic
C.)
&
(quar.)
Co.,
new
Products,
Candies,
Lee
Masonite
Corp.
common
Pinchin
Pitney
Inc.
4J/4%
(year-end)
Corp.
$3.75
preferred
$3.75
preferred
Maytag
(quar.)—
85c
Company
933/4C
93%c
(quar.)
series
1947
25c
Extra
Purity
Bakeries
(L.
M.)
Putnam
Rand
(George)
Service
Regina
McColl-Frontenac
McCord
Corp.
Meteor
Regulator
Sheaffer
11-15
Sioux
3.20%
preferred
Minneapolis Gas Light Co. (Del.)
5%
preferred <quar.)_,
$5.10 1st preferred (quar.)
5V2%
preferred (quar.)
Montreal
Morgan
Dairy
National
Rubber
National
Nelson
Terminals
Britain
New
England Lime Co.,
Light
stock
York
11-28
Series
.
Series
11-25
11-25
11- 5
11- 5
11-25
Industry
Series
Bond
11-25
11-5
11-25
9c
Series
Stock
Merchandising
11-25
11-5
11-25
11-
5
5c
Series.
11-25
11-
8c
.
11-25
11-25
20c
Series
11- 5
13c
Series
-
11-25
11-
11c
11-25
Tank
12c
18c
Railroad
Industry
Special
Series
,
Series
Industry
Diversified
Fund
Investment
Diversified
Industry
11-
5
11-25
11- 5
11-25
11-
5
11-
11-25
11-25
11-5
12c
Stock
Investment
11-25
11-
11-25
11- 5
13c
5
Railroad
Penn
Phannacal
Scotia
Light
(quar.)
Co.
&
(quar.)
preference
preferred
(stock
Corp.
of
share
10
River
Ohio
Seamless
Sand,
7%
Pacific
Fire
Co.
Corp.
Eastern
(irreg.)
Line
12-
1
11-10
12- 1
11-10
12-
$5.25
12-
1
1
11-15
$1
12-15
11-19
12-
1
11-17
12-
1
11-17
11-30
11-22
12-15
11-14
12-15
11-14
1L-20
11-10
12-
11-17
,
1
12-15
12-
5
12-
1
11-17
12-
1
11-17
12-
1
11-20
Co.,
&
—
(quar. 1
Shares,
Power
-
class
6%
7%
12-
5
12-
5
12-31
1-1-48
12-
5
11-20
12-
1
11-20
12-
1
11-20
40c
12-
1
11-18
$i.06y4
11-15
11-
11-25
11-15
3
(J.
B.)
Co.,
preferred
Electric
3.60%
preferred
preferred
Power
Co.,
common
11-
11-26
11-15
Barber
Asphalt
11-15
10-31
Barber
(W.
Barnsdall
11-15
11-18
1
11-14
12-12
11-15
$1
12-15
11-15
11-
1
11-
1
11-
1
11-
1
12-
1
11-17
Governor
25c
12-
1
11-24*
12-
1
11-24*
12-
1
11-17
11-14
25c
$1.50
25c
Co
11-
4
11-14
11-
4
12-
1
11-
5
12-
1
11-17
1-31-48
1-15
12-
4
11-20
Wright-Hargreaves
Ltd.
Mines,
(quar.)
Wurlitzer
1-2-48
Cement,
pfd.
(liquidating
11-5
5
12-15
11-28
1-2-48
12-16
50c
12-19
11-28
11-14
11-14
11-29
11-14
50c
11-17
11-12
give the dividends announced in previous
list does not include divi¬
we
weeks and not yet paid. The
dends announced this week,
these being given in the
preceding table.
B.
A.
T.
C.
Company
5%
A
Acme
Wire
Radio
Kid
Allied
Stores
4%
Allis
(quar.)
$1
pfd.
(s-a)
(year-end)
11-
1
1-2-48
12-10
12-15
11-20
12-
11-15
$50c
1
Engineering
(quar.)
11-15
11-
15c
12-15
11-29
4
(initial)
$13c
Corp
Co.
5c
(quar.)
12-
1
11-15
10-31
11-7
preferred
(Louis)
25c
(quar.)
Co.
(quar.)
Co.
preferred
Aluminum
American
(year-end)
12-18
12-
1
11-14
12-
1
1
11-20
12-10
Canada, Ltd.—
(quar.)
11-15
7
Class
American
Arch
Co.
Business
Shares
$25c
12- 1
11-
0
12- 5
11-
7
87y2c
12-
(quar.)
1
11-17
$1
(irreg.)
American
(quar.)
1
10-31
1
11-15
11-
12-12
11-14
11-10
10-23
12-12
11-14
12-30
12-16
5
12-
1
11-14
12-
1
11-14
12-
1
12-
1
11-10
25c
12-
1
11-14
25c
12-
1
11-14
11-14
25c
12-
1
11-14
25c
12-
1
11-15
25c
4iy4c
20c
12-
1
12-
1
11-20
I-2-48
11-28
11-20
12-
1
12-
1
11-15
II-29
11-14
11-15
11-29
11-14
83/4C
(quar.)
1-2-48
12- 9
5c
(quar.)
15c
12-
1
12-
1
11-15
12-12
11-28
Mortgage
25c
Guaranty Co.
Corp
Co. (quar.)
H.)
Co.
1-6-48
11-15
of
12-26
50c
3
11-19
11-15
11-1
25C
(quar.)
12-
25c
Co.
Power
S.)
Inc.
Shoe
Ltd.,
pfd.
common
11- 4
1
11- 4
12-
1
11-15
12-
$1.183/4
1
11-14
1-2-48
11-29
Corp.,
Berkshire
Fine
(quar.)
$6
11-
12-
1
11-15
12-
1
11-15
12-
1
11-15
$1.06 y4
preferred (s-a)
Associates—
$3
(initial
35c
quar.)
Extra
$1
convertible
(J.)
B
preferred
1-15
$1.25
Ltd.,
Steel
7%
preferred
Bigelow-Sanford
1
11-20
12-
(quar.)_
1
11-20
11-15
10-31
11-15
10-31
1-1-48
12-15
50c
class A
(quar.)
Corp., common
11-15
10-25
$25c
$1.50
(quar.)
$1.75
12-
1
1-2-48
(irreg.)
common
_
11-10
(quar.)
12-
5
$1
12-
1
11-15
$1.50
Carpet,
preferred
12-
11-20
Cement—
&
(quar.)
Company
1
50c
(quar.)
(quar.)
preferred
12-
$5c
& Sons,
Limestone
Bethlehem
1-31-48
1
Spinning
common
Bessemer
11-29
12 v2c
(quar.)
11-15
50c
common
11-29
1-2-48
25C
(quar.)
1-2-48
$$1.75
Co.
preferred
Beneficial
&
1
12-
$$1.50
(quar.)_
(quar.)
(quar.)
Bell & Howell Co.,
Extra
Class
12-
$$1
preferred
Bertram
11-17
50c
Extra
Belding-Heminway
New
11-17
11-11
$37 '/2C
(quar.)
Corp. 4%%
Belding-Corticelli,
4'/4%
6
$12'/2C
Mills,
(A.
6
12-
11-25
&
Paper, Ltd.—
(increased quar.)
A
12-
60c
(year-end)
Extra
Beaunit
12-
1
11-15
Sivalls
& Bryson, Inc.—
preferred
(quar.)
4»/4%
Blauner's
(Phila.),
Bloch
Bros
Tobacco
C.)
(H.
preferred
&
12-
1
11-15
11-
1
11-15
11-
I
36 %c
(final)
11-14
25c
Co., Inc
1st pfd.
11-15
11-10
Fund,
Boston
Woven
7%
Co.,
Inc.
15c
12-
_
11-14
1
Hose
&
Rubber Co.
(quar.)_
Special
Roller
11-20
10-31
50c
11-25
11-14
1-2-48
10-31
11-14
50c
(quar.)
Bowser, Inc., $1.20
preferred (quar.)
Brazilian Traction Light & Power, Ltd. (s-a)
British-American Oil, Ltd.
(quar.)
Brockway Motor Co
12-20
12-
$i2y2c
Bearing
Bowes Co., Ltd., class A
11-15
16C
(accum.)
(quar.)
$1.75
$4
Boston
Bower
12-12
15c
(quar.)
(quar.)
(Sidney)
Bohack
$1.06 y4
75c
common
$3 preferred (quar.)
Bliss (E. W.) Co., $2.25
11-15
10-31
12-
1
11-20
1
10-10
30c
$$1
12-
9
Bruce
(E.
11-28
11-17
4c
11-20
11-
5
lie
11-20
11-
5
L.)
Co.,
common
4
Hill
2
11-20
12-
2
11-20
12-12
11-12
Falls
Co.
11-12
12-30
11-30
15c
(quar.)
12-12
933/4c
(quar.)
11-15
10-31
15c
&
(quar.)
—
Machine
Extra
Fund,
Ltd.
(year-end)
—
11-15
10-31
12-15
11-19
12-
1
11-18
11-25
11-15
5c
Die
-
20c
5c
Extra
Bullock
12-
12-
25c
preferred
Buckeye Pipe Line Co
Budd Company, $5 prior preferred
Buell
1-2-48
50c
25c
(quar.)
Extra
Buck
$25C
25C
Extra
3% %
$$2
Ltd.,
(quar.)
Airlines, Inc.—
II-21
12-
11-20
12-
$1.25
11-
of
convertible preferred
Special
11-15
35c
(quar.)
1-20-48
$1
common
75c
15c
Corp.,
1
Steel—
preferred
Blumenthal
$25c
$1
Extra
4%
11-20
Shoe Stores—
common
Aircraft
10-31
$$1.25
Works, Ltd.,
Standard
New
partic.
(quar.)
Co.
Agnew-Surpass
11-15
50c
preferential
Glove
Payable of Rec.
20c
Sugar Refineries, Ltd.—
preferred
Acme
Aetna
(initial)
Inc
F.,
Acadia-Atlantic
Class
Share
Vending Corp.
Holders
&
Oil
Bathurst
Black
When
12-
12-
25c
6%
Per
Name of
II-10
1
12-15
7c
Extra
Best
12-12
12-
20c
Bond
Bastian-Blessing
$5
12-26
20c
America
4%
3y2%
$1
1
11-29
10c
Portland
Bankers
11-24
12-
10C
Extra
Aluminium
11-
$4c
25c
(Rudolph)
Co
Wyandotte Worsted Co. (quar.)
15c
$1.25
Baltimore Radio Show, common
6 %
preferred (quar.)
Bancroft (Joseph) & Sons
7%
10-31
$1
Porcelain
12-22
1
1
$5c
(interim)
series A conv. pfd.
convertible
10%
1
12-
$1.75
Extra
Baltimore
11-17
12-
10-31
40c
(monthly)
Building, Inc. (quar.)
11-24
12-
I-25
1
$1.50
(quar.)
Products
11-17
12-
10-15
12-
56V4c
Mills
1
90c
(quar.)
12-12
11-17
Allied
Avondale
2-2-48
$2
(s-a)
(quar.)
5% series B convertible preferred (quar.)
5% series C conv. preferred (quar.)
Automatic Canteen of America (quar.)
Automatic Gear Works, common (quar.)
$1.65 convertible preferred (quar.)
Avco Manufacturing Corp.
(increased)
1
25c
(quar.)
12-23
1
Autocar Co., 5%
11-10
10-15
25c
(s-a)
(Conn.)
Ltd.
Mines,
12-
25C
(quar.)
common
Alpha Portland Cement
11-25
Gold
12-10
$1.06 y4
Co.
1
11-15
Co.—
Dry Goods, common
preferred (quar.)
2nd preferred (quar.)
12-
6
Railroad
preferred
25c
75c
(quar.)
Co.
(quar.)
Wisconsin
A.
Line
1st
7%
12-
11-15
$1.50
(quar.)
non-cum
Balfour
$1.25
(quar.)
common
12-
11-13
Common
Beck
(quar.)
Supply
12-12
12-
Atlantic Coast
Avon
11-10
$1
$2.50
Associated
1
1
56y4c
Equipment Corp., 4y2% pfd. (quar.)
Atchison Topeka & Santa Fe Ry
Athey Products Corp
7
75c
(quar.)
pfd. (quar.)
Aro
11-
1
11-10
12-
40c
11-14
12-
2
1
933/4C
11-14
12-
1-
12-
t$1.12ya
common
11-28
12-15
11-20
1-14-48
UOc
(quar.)
11-10
Corp.—
Disinfecting Co.,
Auto
Co.,
11-28
333/4c
(quar.)
A
preference
preferred
Below
Cork
preferred
1
62V2C
Co.,
12-23
$1.25
$3.75
12-
40c
(quar.)
12-15
5
Armstrong
12-24
12-15
11-20
1
7'/2c
Argus, Inc., common
Argus Corporation Ltd. com. (quar.)
4'/2% conv. preference (quar.)
Atlas Imperial Diesel Engine—
Series A preferred
(quar.)
11-15
1
12-
25c
(s-a)
Atlantic Coast Line
12-13
12-19
12-
12V2C
Corp.
11-18
1
12-19
12-23
25c
Oil
12-10
30c
(quar.)
(Northam)
Yosemite
Participating
Extra
12-31
12-
11- 4
12-23
75c
(quar.)
1
$1.60
(quar.)_
(quar.)
Woodward
preferred
12-
1-2-48
11-10
1
11-14
50c
12-26
$25c
12-
20c
25c
common
1-15-48
$75c
11-14
$1
(initial).
(quar.)
(quar.)
11-28
Inc.
(quar.)
com.
convertible
Williams
partic.
$3.50
(interim)
Ltd.
Brothers
Western
Co.,
50c
Insurance
preferred
Warren
Farms
Co.
11-17
$10c
-
? 15c
I-21
11-28
25c
preferred (s-a)
Archer-Daniels-Midland
5%
11-20
25c
6%
Argo
1
$3
Arcade Cotton Mills Co., common
12-15
50c
(quar.)
Pictures, 414'f preferred
Co., Inc. (year-end)
B
National Corp
Anglo-Canadian Telephone Co.—
Class A
(quar.)
Apex Electrical Mfg., new common
Arden
11-10
12-
$1.50 1-31-48
Andian
25c
Co.
(quar.)
12-12
$1.25
Cos
25c
75c
(quar.)
Special
3iy4c
(quar.)
Coal
75c
Co.—
(quar.)
Pictures
11-17
$1
(quar.)
preferred
Pipe
11-15
preferred
3c
Allied
35c
(quar.)
Corp
11-29
7y2c
(quar.)
(year-end)
75c
(quar.)
Co.
12-10
for
(accum.)
common
Corp.
Common
12- 3
5
—
preferred
Insurance
Economic
Panhandle
Oil
preferred
Inc.,
participating
Finance
12-10
held..,
Tube
Oils & Industries,
Pacific
dividend 1
Nu-Enamel
shares
Ohio
11-30
12-15
(initial)
Nu-Enamel
11-30
$$1.50
$33c
(quar.)
4%
11-
12-10
Ltd.—
Power,
6%
11-25
12-10
$1
15c
(quar.)
Extra
$50c
J50c
Coast
Niagara Lower Arch Bridge Co., Ltd.
(quar.)
(year-end)
preferred (quar.)
Light
Chemical
Class
11- 5
7c
Special
Special
$12y2c
11-5
11-25
4c
Diversified
11-15
5
11-25
8c
Series
Preferred
11-25
9c
,,
Bond
5
11-15
11-25
prior
Aunor
,
Warren
5
11-
18c
Shares
Special
Corporate
11-
11-25
11-25
—
Raalte
6%
11-25
11- 5
10c
Series
11-25
11-25
7c
Industry
11-5
4c
Equipment
Special
11-25
9c
Special
11-25
11- 5
11- 5
10c
Series
11- 5
Tl-25
6c
Railroad
Series
11-25
6c
2c
Special
Utility Industry
Special
Public
11- 5
11- 5
Gas
Ltd.
Car
Electric
$1
12-15
30c
Electric
Universal
5
11-25
11-25
(Canada)
(Delaware)
11- 5
5c
7c
Special
Oil Industry Series
'Paramount
Elevators,
Pacific
11-5
5
preferred
Molasses,
$5
11-25
11-10
1
30c
(s-a)
1
12-
Products—
5c
-
Bearing
United
West
11-25
12-15
preferred
6%
25c
(s-a)
common
Extra
11- 5
11-25
Inc.
Company
$3
12-15
$10c
United
11- 5
4c
Series
Machinery Industry
Special
Palestine
Uarco
4%
11-15
Post
12-19
12-
75c
25c
-
Extra
11- 5
8c
Series
11- 5
11-25
7c
Insurance
each
Toronto
Walgreen
11-25
11-15
1
Metal, Inc.,
3
75c
(quar.)
common
50c
Tung-Sol Lamp Works, 80c preference. This
payment clears all arrears
Tyer Rubber Co., $4.25 preferred (quar.)
Vick
11-5
11- 5
11-15
1
12-
Co.,
(quar.)
20c
(interim)
Inc.,
11-5
26c
Equipment
Mills,
Roller
11-5
11-25
11-25
1
12-
B
3
'
(quar.)
Tobacco
93%c
(quar.)
Truck
convertible
$1.25
11-25
6c
Special
Norwich
Textron,
11-25
6c
4c
1-2-48
12-
1
2 y2c
Tim-ken
Van
53'/8C
Anchor
preferred
Common
$2
common
(quar.)
Southeastern
11-25
11-5
11- 7
11-17
4V2%
common
Co.—
Bottle
37y2c
Jersey
Ohio,
A
convertible
S.
11-28
12-
40c
(quar.)
Extra
U.
50c
Ampco
$1.37 y2
(quar.)
Co., Ltd., class A (s-a)
& Die Co. (quar.)
Tool
Common
11- 5
18c
Special
Pacific
Motor
Screw
New
of
11-28
11-14
11-17
10-31
11-15
11-19
12-12
11-14
7c
11-
12-10
Thermos
Arkansas Natural Gas Corp., 6%
(quar.)
12-16
11-30
11-14
11-14
11-18
12-20
5
$1.37 y2
preferred
Engineering
Inc. (quar.)
Drug,
3c
10c
Industry
Industry
Industry
of
preferred
Stowell
11-14
11-
12-15
11-15
20c
(irreg.)
Taylor Pearson & Carson, Ltd.
10c
14c
Series
Series
Special
Government
1st
Co.
United
Special
Electrical
Service
12- 2
11-24
11-14
11-
American
12- 5
11-21
1
$1
1
8
5
12-31
12-
25C
(quar.)
.
12-
12-
B
50c
Y.)
11-15
$1.12y2
(quar.)
12-16
11-24
(N.
Rolling Mill Co
American Ship Building Co
American Smelting &
Refining,
11-10
7c
(annual)
Susquehanna
11-14
10-29
12- 1
12- 1
12-
11-25
Bag & Paper—
Co.
Oil
5c
Chemical
Products
preferred
Products
Union
Series..,
Supply
Tobacco
33/4'/c
Sterling
Sterling
12- 5
12-31
20C
$1.75
1-1-48
20c
12- 2
11-25
11-10
12-15
1-2-48
American
11-14
15c
(quar.)
(quar.)
11-18
11-29
1-5-48
11-30
11-
12-
97V2C
1
$1
40c
12-15
45c
-
pfd.
12-16
75c
Series
Industry
Building
Steel
12-16
Inc.—
Industry
Stock
Metal
11-28
Corp.—
(non-voting)
Special
Aviation
Food
11-20
11-Z0
12-22
_
7%
$3
Oil
12-16
12-10
10-30
20c
Special
11-15
7
10-30
11-15
Santiary—
Common
preferred (quar.)
American Re-Insurance
1
13-
11-15
$1.10
(extra)
Dredging Corp., $1.60 pfd.
12- 1
12- 1
25c
$3
Special
Automobile
2nd
Standard
75c
(quar.)
common
Industry
Agricultural
$5.50
Standard
25c
(irreg.)—
(voting)
stock
Stocks,
Co.,
11-20
25c
25c
class A
preferred (irreg.)
York
Shipbuilding
Founders
Co.
$5.50
&
11-20
45c
(quar.)
Co
Corp
New
Participating
Oil
Spear
Texas
Standard
11- 5
12-18
2c
(quar.)
conv.
Electric
1
8
1
&
11-20
11-15
10c
quar.)
6%
preferred
1
12-
12-
Radiator
12-15
15c
(quar.)
Co.,
Advance
4'/a %
12-
11-15
12-10
12-15
Electric—
&
Chemical
12-
30c
American
11-17
12-19*
25c
Extra
12-13*
12-31
$1
25c
(bi-monthly)
11-10
12-31
15c
(quar.)
Co.
(increased
L.)
Southern
11-10
12'/2c
30c
11-20
11-17
11-26*
11-14*
1
12-15
22c
$$1.50
$2
25c
Corp.,
Bedford; Rayon Co.,
Bank
12-19
11-20
5 %
News
1
15c
12-30
..
12-20
6%
Extra
Superior
(quar.)
Machinery
Gas
Co.
Steel
preferred
Solventol
12-
1-2-48
11-20
12-12
12-
37'/2C
(quar.)
(quar.)
Brewery
&
Gas
(T.
11-15
50c
(Del.)
Products
(Herman)
$3.90
Steel
Co.
1
75C
10c
25c
American Paper Goods Co.—
7% preferred (quar.)
American Pulley Co.
1
10-31
$3
Co
American
1
11-14
$7
25c
American Meter
50c
(quar.)
t30c
Co.
National
City
Common
l'Ac
(quar.)
tquar.)
Container Corp.
.National
Saw
25c
common
Co. (quar.)
Motor Finance Corp.
(quar.)
Mountain Fuel Supply
Myer-Bridge
A
Pen
(William)
1
$1.25
$1.27V2
$1.37Va
&
P.)
A.)
Socony-Vacuum
—
(annual)
(J,
Simon
Simonds
11-20
(irreg.)
(quar.)
11-15
12-
7
11- 7
11.78
Co.
11-15
12-
7
11-
1
50c
Manufacturing
12-12
12-
11-
1
12-
12y2c
Standard
preferred ^annual)
1st
(W.
1
1
pfd.
non-cum.
12-12
12-
1
J.2-
Co.—
11-
American
-
12-
12-
American
6%
12-
25c
class
Smith
80c
(quar.)
pfd. (accum.)—
12-15
$1
(quar.)__
1
Refrigerating & Storage, Ltd.—
Common
B
12-
11-25
American Ice Co.,
11-15
1
75c
25c
-
(quar.)
Extra
12-13
11-15
1
11-10
62 >/2c
(quar.)
-
1
11-10
11-15
12-15
50c
Leather
&
12-
Electric—
F
(quar.)
Corp.,
$1.50
6%
preferred (quar.i_„
Missouri-Kansas Pipe Line,
Class B
Monarch Machine Tool
A
ser.
&
12-15
12-10
Hide
11-15
30c
(quar.)
Extra
11-15
11-15
pfd.
12-
5c
convertible preferred (quar.)
Home Products Corp.
(monthly).
12-
7
8
12-15
87y2C
(quar.)
(Texas)
5%
11- 5
11-17
12- 1
11-15
50c
American
6%
5
12-
12-15
1-2-48
12y2C
preferred
Co.
Southwestern
Common
(quar.)
convertible
Common
11-15
11-29
12-15
Co.—
11-20
1
25c
Brothers, Inc. (quar.)
Roxy Theatre, Inc., $1.50 preferred
Royal Crown Bottling Co. (Ky.) —
62'/2c
(quar.)
Co
Car
Minneapolis-Honeywell
11-10
12-
35c
Roos
11- 6
12-
11-20
12-
30c
Gas
preferred
11-12
$50c
preferred
$2.50
Motor
Ltd.
11-20
$12y2C
(quar.)
common
Manufacturing Co
47c
1
50c
Oil,
Co.,
convertible
Class
12-15
1
J2- 5
12-15
30c
preferred
(quar.)
American Hard Rubber, 7%
35c
(irreg.)
Ltd
(irreg.)
Mfg.
3V2 %
Serrick
1-1-48
12-
$2
70c
Fund
Republic Insurance
11-30
$50c
$1.75
American General Corp., $3
$2.50
preferred
(quar.)
15c
Stores,
Corp."
Reliance
11-14
(s-a)
pfd.
11-21
60c
—
5
(interim)
Ltd.,
Co.,
7
1
$1.75
(quar.)
Corp.
Extra
12-10
50c
McBrine
7
11-
12-
12-15
5c
53!/aC
12-
1
11-
11-15
10-23*
35c
75c
Extra
15c
(quar.)
preferred
(quar.)
Seismograph Service Corp.
12-
3-15
11-15
$1.50
Extra
(quar.)
common
10-27
11-15
11-14
1
12- 1
12- 1
5
11-15
(quar.)
7 y2 %
receipts
11- 1
11-29
12- 5
12-
12-
(quar.)_
common
10c
Rochester
75c
12-20
Holders
Payable of Rec.
$1.25
Cable,
(quar.)
American
Pittsburgh Youngstown & Ashtabula Ry.—
7 %
preferred (quar.)
Prentice Hall, Inc. (quar.)
Risdon
50c
4-1-48
Si
When
45
75c
American Fork & Hoe Co., common
American Furniture Co. (quar.)
25c
Ltd.—
(interim)
Co.,
Inc.,
preferred
12-
25c
&
deposit
Bowes,
12- 1
10c
(quar.)
11-15
Share
—
.
(quar.)
American Felt Co., common
6% preferred (quar.)
30c
—
Extra
12-23
11-5
1
Chain
preferred
25C
Johnson
12-19
11-15
Company
25c
12-19
11-21
12-15
12-
5%
$1.12 y2
(quar.)
4V2%
(The) »■ Company
1-2-48
30c
20c
Inc
May Department Stores, common
$3.40
preferred
(quar.)
4%
12- 3
11-15
11-10
11-15
11-15
11- 7
12-23
I2V2C
(initial)
(quar.)
Asphalt
75c
10-31
12-13
11-25
11-19
12-15
12- 2
12- 1
1-2-48
$1.50
$50c
25c
(quar.)
(quar.)
-
Marsh
One
11-15
10c
15c
$0.2134
$18c
17c
$20c
30c
37'/2c
,
Company
<R.
Nova
11-24
12- 1
12- 1
12- 8
$17y2c 1-15-48
Extra
Mahon
North
12-10
12-15
12-15
2
50c
(quar.)
Quarterly
11-20
25c
(quar.)
Ltd.
Power
Macwhyte
New
11-20
12-20
Per
Name of
American
Philadelphia Suburban Transportation—
American
12-20
2
1-
75c
Co.
11-18
11-14
1-
:1-12-48
$1
Co.
Mfg.
50c
quar.)
Lyon Metal Products, 6%
MacLaren
New
1
1
1-12-48
$1
15c
Co
Telephone
Corp.,
5c
Oil-Co.-
$3
1212-
11-29
$0.2083
preferred (quar.)
Perkins Machine & Gear, 7% pfd. (quar.)
Pettibone
Muliken
Corp.
(quar.)
11-18
1
11-29
12-15
50c
37'/a c
Extra
Extra
New
12-
$2
25c
933/4c
(year-end)
Corp.
Co.,
Creamery
preferred
5%
11-18
45c
Products
S-2
Knudsen
Mary
12- 1
t40c
Service, : common
preferred (quar.),
Keystone Custodian Fund—
Lone
12-31
11-14
11-18
1
12-15
$35c
Extra
Ltd.—
Canada,
of
;
:
Public
Lion
Perfex
25c
$3.75
La
11-14
11-15
t37'/jC
(quar.)
Water—
&
International
60c
Pepperell
1
12-
$20c
-
Wilcox
&
Holders
American Can Co.
Extra
Pfaudler
Extra
,
1
12-
$40c
Quarterly
Series
12-
11-14
11-14
11-30
Stow
(1929)
Payable of Reo.
Co., Ltd.—
(quar.)
Peninsular
1
t20c
quar.
International
<
11-20
12-
$25c
$10c
Extra
Iowa
12-10
$15c
Increased
$1.50
Peck
50c
Share
preferred (quar.)
Peabody Coal Co., new prior preferred
6%
preferred
(accum.)
10-31
50c
Oil,
Indiana
5
Company
7%
11-10
$1.06'/4
(quar.)
Ltd. (s-a)
Imperial Tobacco Co.: of Canada, Ltd
Imperial Varnish & Color Co., Ltd.—
Imperial
11-21
37'/2c
(quar.)
(extra)
Inc.
12-
Common
50c
(quar.)__,
-
preferred
Foods,
12-20
12-15
37VaC
When
Per
Name of
Paton Manufacturing
$2
common
Extra
4%%
Hunt
11-14
11-15
12- 5
40c
quar.)
Extra
Honolulu
12-15
12- 1
12-20
25c
& FINANCIAL CHRONICLE
Holders
$1.25
Co.
.HollandFurnace
Hotel
When
Payable of Ree,
60c
Mining
COMMERCIAL
THE
Number 4645
166
Volume
11-25
11-15
40C
11-22
11-15
$1.25
46
THE
(1930)
Per
name of
©unker
Company
Hill
Share
Sullivan
&
preferred
$4,50
preferred
11- 5
12- 1
11-5
50c
25c
11-25
12- 1
11- 1
11- 4
(quar.)
Co., common (year-end)
$3.75
preferred
(quar.)
Continental Gin Co., 4%% preferred (quar.)
25c
12- 1
11-4
Cook
$1
87'Ac
87V2C
15c
12- 1
12- 1
12- 1
12-10
11- 4
11- 4
11- 4
10-31
Common (increased
quar.)
$3 prior preferred A (quar.)..
Copeland Refrigeration Corp
.
2nd preferred
(quar.)—
(quar.)
-
Burroughs Adding Machine
(quar.)™.
Co.
!_
Continental
Extra
-
Jackson Co.
Cable & Wireless
12-15
11-15
Common
11-15
10-31
-
Power
(quar.)
11-15
10-31
11-24
12- 1
11-15
11-15
10-16
11-15
10-31
10-31
California Packing Corp., common
6% preferred (quar.)
(quar.)—
—
11-15
12- 1
1-2-48
10-31
11-10
12-10
Dry Ginger Ale, common
preferred
(quar.)
$4.25
1-2-48
12-10
Class
137'Ac
A
(interim)
Northern
-
Power Co.,
.
(quar.)
preferred (quar.)
Canada Wire & Cable, class A (interim)
Canadian Car & Foundry, Ltd., com.
(quar.)
Investment
10-29
(s-a)
1-2-48
12-13
12- 8
11-1
12- 1
1-5-48
12-
*50c
12- 1
1-5-48
11-
1
12-
Investment
Trust,
preferred (accum.)
Canadian Malartic Gold Mines, Ltd. (s-a)—
Canadian Oil Co.'s, Ltd. (quar.)
Canadian Silk Products, class A (quar.)™.
Canadian Utilities, Ltd., 5% pfd. (quar.)™
Cannon Mills (stock dividend) —
5
International
class
stock
common
share
each
for
B
Aguire Associates (extra)
Central Foundry Co., 5% conv, pfd. (quar.)
Central Louisiana Electric (quar.)
•
Central New York Power Corp.—
3.40% preferred (quar.)
Central Northern Airways, class A (intial).
6% preferred (initial)
Central Violeta Sugar Co. (s-a), new com.
$1.50 payment less $0,087 Cuban tax
Century Electric Co. (stock dividend)
Belt
Co.
10-20
11-15
10-29
17'Ao
75c
50c
$1.12V2
50c
75c
50c
$1.25
40c
13- 1
11-20
12-10
12- 1
11-10
11-29
12- 1
12- 1
11-15
65c
25c
12- 1
11-15
11-10
11- 1
25c
11-15
11-
$1,413
2%
$ 1.12
20c
(quar.)
Co.
for
common
11-14
12-12
10-31
11-15
9-30
11-14
11- 1
1
11- 3
12- 2
Milling Machine,
preferred (quar.)
1-1-48
12- 5
12-19
11-25
11-25
11-10
10-31
11-14
12- 5
12- 1
11-21
$3.50.
25c
11-15
11- 1
50c
11-15
11- 5
(initial)
common
Bradstreet
&
11-21
11-3
11-15
11-
11-15
10-15
12- 1
11-10
1st preferred A (quar.)
Eastern Steel Products, Ltd. (quar.)
Eastern Sugar Associates, $5 pfd. (accum.)
12-
Eaton
Class
B
Dwight
Eastern
Extra
-
15c
11-15
11-
Stock
$1.78
11-18
11-1$
Manufacturing
Dorado Oil
Co.
Works
Bond
&
Colorado
Fuel
&
Iron,
convertible
guaranteed
12-
1
11-10
Emsco
12-
1
11-10
Equity Corp., $3
Derrick
25c
12- 5
11-10
12- 1
11-18
Eureka
1-1-48
12-18
Faber Coe
20c
preferred
Columbia
Gas
Electric
&
Pictures,
$4.25 pfd.
(quar.)
11-24
11-10
12-
11-15
12-31
12-
25c
12-
1
11-6
Federal
Mogul
11-15
10-20
Federal
Screw
Works
11-15
10-20
Ferro
$1.06'A
11-15
10-31
1
1
Commonwealth International Corp., Ltd.—
$4c
11-15
10-15
$1.25
.
12- 1
11-15
Commonwealth
Telephone Co.—
(quar.)
Concord Gas Co. (New Hampshire)—
7% preferred (accum.)
(quar.)
Connecticut River Power, 6% pfd.
Ooniaurum
Mines,
Ltd.
$1.50
56'Ac
.
(quar.)_„
$1.50
(interim)
11-15
12-
12-
10-31
1
11-15
1
11-15
J2c
11-20
$25c
1-2-48
12-
5
40c
12-15
11-
7
25c
12-
9-30
Consolidated Bakeries of Canada Ltd.—
Consolidated
Edison
(N. Y.)
Laundries
Consolidated
Natural
Consolidated Paper Co.
.
(quar.)
Gas
Co.
.
Glass, Ltd. (quar.)
Extra—
preferred
•
common
....
i
(quar.)—
12-
11-20
12- 1
11-20
60c
(quar.)™
Container Corp of America,
11-15
10-15
11-27
11-12
$1
„
Consumers
1
11-17
25c
$1
(s-a)
Consolidated Water Power & Paper Co
N.
&
Y.)
Traders
Life
Ins.
10-31
11-5
11-15
11-
5
11-14
11-
1
11-15
10-25
Power
Co.,
Graton
&
$1.80
(quar.)
4'A %
First
$50c
60c
1
11-2(910-29
11-20
11-6
'60c
.,
11-20
11-5
$1
12- 1
11-20
Rubber
&
preferred
Northern
Pitt
Bridge Works
common
Oil
Corp.
preferred
Freeport Sulphur Co.
4%
preferred (quar.)
Steel Co. (quar.)...
Inc.
1
11-14
11-15
11-
1
11-15
11-
1
11-24
11- 3
11-15
11- 6
90c
11-15
66'Ac
11-15
11-8,
10-31
25c
11-15
10-31
$25c
11-15
10-15
11-15
10-15
$1.50
12-10
11-10
50c
12-18
12- B
75c
1-2-48
11-21
1
12-22
11-21
7'Ac
11-15
11- 1
$20o
(initial)
Quarterly
Hajoca
—
Corporation
(stock
dividend)
12- 1
11- 1
50%
12
1
75c
12-
1
50c
dividend
12-
1
11-15
25c
12-
1
11-15
$7c
12-
1
11-10
$22'Ac
12-
-
(quar.)
Extra
Hale
Bros.
Stores, Inc. (quar.)
Mines, Ltd.
(interim)
Hallnor
4%
Ltd.
Cotton,
Co.,
convertible
Hammond
(quar.)
Instrument
Common
Hancock
11-18
25c
quar.)
12-10
11-25
25c 3-10-48
(quar.)
2-25
75c
11- 1
12-
1
11-15
12-1
11-15
12-
1
11-15
12-
1
11-15
15c
12-23
40c
12-23
12-13
$1.25
class A
50c
50c
(Calif.),
11-15
25c
Co.
B
12-23
12-12
12-12
(quar.)_.
(quar.)
Corp.
5%
preferred
(quar.)
5%
2nd
(quar.)
preferred
(quar.)
12-12
$1.25
-
12-23
12-15
12-15
12- 5
37'Ac
Co.—
12'Ac
5c
Wholesale
12-15
12- 1
Extra
Harshaw Chemical
Co.
Hartman
Co
Tobacco
Electric
(quar.)
25c 1-15-48
1st preferred (accum.)
Hawaiian Pineapple, Ltd. (year-end)
Industries,
Hendershot
12- 5
1- $
Utilities—
&
6%
Hayes
11-10
11-18
12-15
25c
Oil
Class
1
12-15
Co.—
(increased
preferred
11-15
$1
(quar.)
(quar.)
6%
11-15
25c
(quar.)
common
preferred
Inc.
Paper
75c
«...
11-15
50c
(resumed)
Products,
11-25
10-21
11-15*
25c
12-15
11-15
$25c
1-2-48
12-17
$1.25
11-15
11- 4
37'Ac
11-15
10-23
$1
11-15
10-25
25c
Ltd.
(irreg.)
Hercules Powder, 5% preferred (quar.)
Hershey Chocolate Corp., new com. (initial)
$4
convertible preference
(quar.)
Hewitt-Robins, Inc.
(quar.)
12-15
11-28
Hibbard-Spencer-Bartlett & Co,.—
Monthly
' ,65c
lJ-28 ,A 11-1.8
Monthly
,25c. „ 12-26. «,#^16
Monthly
—.il-2(J!
Hilton Hotels Corp., common (quar.)
25q
12- 1
ll-2'O
4% convertible preference (quar.)
50c
12- 1
11-20
-
Hires
Holt
(Chas.
E.)
(Henry),
Co.
$1
Hormel
10-25
11-5
11-3
6%
Horn
12-15
11-
Home
(Joseph)
12-15
11-3
Howell
Electric
11-20
10-30
Hudson
12-31
11-28
1-2-48
12-15
11-13*
12-15
Hudson
Motor
Humble
Oil
preferred
(Geo.
preferred
Co.
preferred
Bay
&
1
11-15
12-
1
11-21
30c
11-26
12-30
12-
62'Ac
11-15
10-25
$1.50
11-15
10-25.
$1.25
75c
12-15
15c
12-20
(quar.)
Co.,
com.
(increased).
(N.
Y.)
6%
preferred
Motors Co.
Car
11- 3
1
—
(quar.)
Co.,
Mining
&
12-
25c
$1.06'A
A
(quar.)
Hardart
&
5%
30c
class
common_,._,
(quar.)
A.)
,
(quar.)
non-cum.
Electrochemical,
(extra)
& Smelting
(quar.)
12-
$75c
1
11-10)
12- 5
12-15
11-14
12-
1
11- 6
12-10
10c
Refining Co
11-10
$1
Hunt
25c
11-30
11-15
12'Ac
12-
1
11-15
12'Ac
12-
1
11-13
56'Ac
11-15
11« I
25c
11-15
11- 5
$1.25
12-30
12-20
Foods, Inc., common (quar.)
preference (quar.)
5% preference series A (quar.)
Hussman Refrigerator Co.—
I
12-31
$2.25
11- 7
Huston
Huttig Sash & Door, 5% pfd. (quar.)
Hydraulic Pressed Brick, $6 pfd. (accum.).
Idaho Power Co., common
(quar.)
11-20
11-15
10c
1-1-48
12- 5
$1.25
50c
50c
12- 1
12- 1
12- 1
11-15
11-14
12- 1
11- 8
11-28
11- 4
11-28
11-14
50c
11-28
11-14
11-15
Illinois
preferred
Peanut
(Tom)
Co.
(quar.)
Co.
$1
Extra
Imperial Chemical Industries, Ltd.—
Ordinary (interim)
Indianapolis Water Co., class A (quar.)
4-1-48
3-16
183Ac
12-10
12-10
11-20
Inland
11-28
Institutional
12-15
12- 1
Aviation
Steel
11-15
10-15
$1.12'A
$1
30c
12- 1
1-1-48
12- 1
11-15
12-8
.
10- 9
12- 1
11-10
1-2-48
l
12-
1
11- 3
$1.10
12-
1
11-14
20c
Co.
(year-end)
Shares, Ltd.—
12-
'12-12
11- g
11-30
10-31
shares
and
Preferred
11-14
11- 3*
$1.50
Special
bond
shares
25c
Machines
(quar.)...
Publishing—
11-30
10-31
$1.50
12-10
11-2Q'
30c
Educational
12-15
11-20
12- 5
$1.50
1-2-48
25c
11- 3*
20c
$1.25
preferred A (quar.)
Ingcrsoll-Rand
Co.
(quar.)
Stock
10-27
11-20
3%
...
5%
12-16
11-20
15c
(quar.)
12-20
45e
15c
Zinc
International
(s-a)-
•
(quar.).
10-17
12-31
10-31 '
(accum.)
International
Harvester
Co., com.
(quar.)__
$1 1-15-48
1-15-48
12-15
$1.75
12-1
11-15
125c
(quar.)
12-15
$1
12-
1
11-14
J25c
Special
7% preferred
12-
1
11-14
International Petroleum Co., Ltd.—
12- 5
Bearer
11-14*
;
Registered
(s-a)
...
5c
12-
1
11-14*
International
$1.25
12-
1
11-14*
International Railways of Central America-*
11-20
5% preferred (accum.)
International Silver
17'Ac
$1
100%
25c
12- 1
11-15
12- 1
11-14
11- 1
10-31
International
.
11-15
56'Ac
12-1
11-15
62'Ac;
12- 1
12- 1
12- 1
11-14
11-15
11- 1
25c
-
-
$1
25c
Products
Corp
Year-end
12-22
12'Ac
(quar.)—-j-
...
12-
$1.25
Products,
11-15
common
Gabriel
11-19
$1.75
(quar.)
Special
$1.25
-
(quar.)
Fruehauf Trailer Co.,
11-6.
1
Gypsum Lime 6c Alabastlne (Canada) —
Business
& Kleiser Co
Franklin Simon & Co.—
Convertible
11-6
12-
10c
Co., preferred
Brewery Co.—
(initial)
(increased)
International
Foster
4'A%
1
&
Ry.
11- 7
-
(quar.)
12-1
Western
12- 5
Florida Power Corp,, 4% preferred (quar.)Food Machinery Corp. (stock dividend)
Fort
12- I
12-
$2.50
-
-
11-14
12-15
35c
-
(quar.)
11-14
12-15
$ 15c
12-22
Corp., $2 preferred (s-a)™i
Firth Carpet Co., common (increased quar.)
preferred
11-20
12-15
$2.50
.
Extra
11-14
York
Extra
1
50c
25c
-
Fitzsimmoiis Stores, Ltd.—
7%
preferred
(quar.)
12-
$1
$1.25
(quar.)_„
(quar.)
Great Lakes Dredge & Dock Co. (quar.)
Great Lakes Paper Co., Ltd. (initial)
11-15
Co.—
(quar.)
11-19
37'Ac
.
pfd.
conv.
$4.25
75c
Tire
11-22
12- 1
f30c
35c
(quar.)
(Newark, N. J.)
11-22
12-12
12'Ac
.
Insurance
12-
12-12
common
preferred
preferred (s-a)
prior
$2.25
25c
-
Enamel Corp
Ferry Cap & Set Screw Co. (irreg.)
Fire Association of Philadelphia (s-a)
Firemen's Fund Indemnity Co.
(San Fran¬
Firemen's
'
11-15
Grayson-Robinson Stores—
40c
(quar.)
'
12-20
1
12-
37'Ac
(quar.).
(s-a)
Co.,
Knight, 7%
$2t50
Co.
Ltd.
Stores
$2.50
B.)
I
12-30
5c
preferred
5%
preferred
Grand Union Co
13- 1
3
12-15
15c
5% preferred (s-a)__—
Consolidated
Mining Smelting
12-1812- 1
11-20
11-25
12-15
(Syracuse,
(quar.)
Quarterly
Farquhar (A.
5%
Quarterly
Consoliaated
Farmers
Firestone
Co.
Power
-
cisco)
preferred
Connecticut
(quar.)
Extra
Co., 6%
-
.
Quarterly
Falstaff Brewing Corp.
12-15
11-15
25c
Corp
15c
Extra
Columbia
12-10
25c
.
12-31
45o
(quar.)
10-22
5%
(quar.)
10-31
10-31
11-15
12-31
11-15
$15c
Gregg, common (quar.)
Fairbanks Morse & Co.
(irreg.)
Falconbridge Nickel Mines, Ltd. (irreg.)
11-15
11-20
11-20
$1
-
(quar.)—
&
11-15
12-10
12-22
11-22
12- 1
$l'/4c
„
$1
12- 1
$1.25
12- 1
$1 1-25-48
$1.25
12- 1
(accum.)—
(s-a)
Co., 5% preferred
Pipe Line Co. (irreg.)
50c
87'Ac
(quar.)
preferred
Railroad
$30c
10-15
11-10
11- 7
11- 7
11- 5
12-15
5%
.
5% pfd. (quar.)...
Equipment (quar.)
conv.
12- 1
11-18
11-25
25c
Inc.,
25c
25c
50c
-
(quar.)
&
Graflex,
Granby
25c
-
District Electric,
50c
10-17
11-28
11-29
35c
100%
(resumed)
Company
(resumed)
Ely & Walker Dry Goods
Emerson Drug Co., 8% preferred (quar.)
Empire & Bay State Telegraph Co.—
87'Ac
common
preferred
Corp.
11-15
25c
25c
(s-a)__
Extra
50c
-
Elliott
4%
1- 2
11-15
11-24
11-15
11-15
11-15
1-1-48
12-10
12-10
$1.88
$15c
$1.25
75c
50c
-
Share
(quar.)
common
$5 convertible preferred (quar.)
Gorham Manufacturing Co. (irreg.)
Gossard (H. W.) Co. (quar.)
Hooker
.
dividend
Electric
(quar.)
(quar.)
-
Empire
Co.
1- 2
Railway—
(quai\)
$20c
Power
11-17
30c
-
12-10
.
12-15
2-2-48
2-2-48
1-2-48
75c
.
Street
11-5
(quar.)
Goodall-Sanford, Inc. (quar.)
Goodyear Tire & Rubber Co., com.
Harnischfeger
$2.25
.
9%
11-10
(quar.)
.
Co
Co
Massachusetts
1
Ltd.—
.—
(irreg.)
Manufacturing
East Coast Electric
11-14
5c
(H. C.)
12-31
Ltd.—
12- 9
5%
15c
Central
Co.,
10-16
$1.50
$20c
Extra
.$62'AC
$30c
75c
(quar.)
Dupuis Freres, Ltd., 4.80% pfd. (quar.)
Durham Hosiery Mills, class A (irreg.)
Erie
Hardware,
11-15
5c
.
Tire & Rubber Goods
1st preference (s-a)
11- 5
11-15
Extra
Godman
12-31
11-10
25c
11-20
Inc.
10-31
12- 1
$1.12%
$2.50
15c
-
12-31
-
12- 1
2-2-48
2-2-48
11-14
25c
50c
15c
30c
-
4%
preferred (quar.)
Drewry's, Ltd., U. S. A., Inc.
62'Ac
(quar.)
Colorado
4%
Company, common
preferred A (quar.)
Dravo Corp., common (quar.)
El
(quar.)
12- 1
11-25
11- 5
11-15
75c
Hamilton
12-12
11- 6
11- 1
11-15
20c
Shale Brick
Co., Ltd. (s-a)__
Brewing Co. (quar.)
Hamilton Watch
12-12
11-19
11-15
11-15
(quar.)
12-10
12-26
Ltd.,
Rubber
Company, preferred
11-26
11- 3
12-12
25c
37'Ac
(quar.)
Oil
Havana
(quar.)
(irreg.)—:
.9-29
11-20
$1.78 1-16-41 3-10-48
40c
12- 1
11-15
50c
12-15
11-20
$1.12'A
1-1-48
12-15
10-15
10-15
11-15
12-26
$25c
$25c
(quar.)
1
1
12-24
12-24
12-17
1-2-48
1
$37'AC
4%
20o
A
certificates
12-
$1
11-
11-10*
1
$1.50
Glen-Gerry
Grand
11-10
10-25
12-
37'Ac
—
Harrison
Drackett
20o
class
(increased)
12- 4
1
11-15
$25c
Aircraft Co.
Corp.
Gum
$75c
(quar.)
$1
Donnacona Paper, Ltd.—
4'A% convertible preferred
.
.
$1.20
preference
(quar.)
Oolgate-Palmolive-Peet Co., common
$3.50 preferred (quar.)
Colonial Mills, Inc. (stock dividend)
Extra
.
Douglas
&
(S. A.)
12- 1
11- 8
Dominion Tar & Chemical, Ltd.—
35c
.
(quar.)
Corp. (quar.)
Cochrane-Dunlop
$5
Dominion
voting trust
preferred (quar.)
Wares,
Tire
Globe
11-25
11-15
25c
common
Extra
•
Common
Steel
Gerrard
Extra
,
50c
843/4C
(accum.)
General
Girdler
11-21
25c
Advertising,
General
Gulf
1- 5
11-10
Castings Corp.—
preferred
11-10
10-31
11-13
11-25
Extra
12'Ac
Monthly
Monthly
S%
(quar.)
Dominion-Scottish Investments, Ltd.—
5% preference (accum.)
Ltd.
$6
Griesedieck
$25c
$$1.25
preferred
Stores,
General Steel
12-23
1
11-13
(quar.)
12-23
12-
12- 1
12- 1
11-28
$1
(quar.)
Corp. (quar.)
Paint
11-28
11- 3
11-20
10-27
11- 8
12-15
15c
General Phoenix Corp., $1 preferred
$1.50
preferred
(quar.)
General Public Utilities Corp.
(West¬
(quar.)
com.
preferred
12-20
11-14
11-29
11-15
$87'Ac
Ltd.
Cartons
(quar.)
Ltd.,
25c 1-15-48
25c 4-15-48
25c 7-15-48
.
12-18
12- 1
12- 1
12- 1
12- 5
11- 1
11- 1
12- 2
11-10
11-10
11-10
11-14
$1.75
Corp., common (quar.)
Inc., 5% preferred (quar.)_«
Common
(quar.)
11-10
3- 9
6- 9
12- 1
$$1.25
$30c
75c
-
1-1-48
12- 1
50c
25c
.
80c
preferred (quar.)
Dominion Bridge Co., Ltd.
5%
12-18
12-17
11- 5
11- 7
Ltd.—
5%
&
1-2-48
1-2-48
11-15
11-24
37'Ac
quar.)
.—
Cleveland & Pittsburgh RR.—
Coal
(increased
Anglo Investment Corp.,
Envelopes
11-13
11-13
11- 8
12-17
15c
(quar.)
-
Dominion
12- 1
12- 1
12- 2
12-31
25c
62'Ac
-
ern), 7%
preferred
Dominion Malting Co.,
11-29
12-15
11-15
12-16
11-10
11-10
10-31
10-29
12- 1
11-17
11- 7*
11-21*
10-15
12- 5
$$1.87%
a2'A%
a2%%
common
Dunlop
—
Industries,
_
Extra
preferred (quar.)
preferred (quar.)
Clearing Machine Corp., new com. (initial)Cleveland Electric Illuminating Co., common
$4.50
preferred
(quar.)
Clinton
(final)
75c
(quar.)
1st
Clinchfield
(accum.)
Extra
&
12- 1
12- 1
11-15
12-30
12-15
12- 1
6%
Cash
(quar.)
Doehler-Jarvis
Dominion
Dun
1st
guaranteed
guaranteed
Co.,
10-30
37 'Ac
—
-
A
Outdoor
General
Co., Ltd.—
Co., Ltd., ordinary
Cup
Class
General
11-17
11-14
11-25
11-20
12-15
11-18
$4 1-15-48
—
$1.50 conv. class A preference
Distillers
12-13
New
Co
Construction
Mills,
11-15
$5
35c
25c
BOo
(s-a)
Tunnel
Match
Dodge Manufacturing Corp.
11-10
12-10
1-2-48
..
City Baking Co. (Baltimore) —
City Ice & Fuel Co. (increased quar.)
City Investing Co
dty of Paris Dry Goods—
7%
River
Foods
General
RR.—
preferred (accum.)
Corp. (quar.)
Dixie
25c
25c
$1.12'A
Electric
Cincinnati
4%
Western
General
Holdert
Payable of Ree.
25c
12'Ac
(quar.)
Dry Batteries
General Finance Corp.—
$4 preferred series C (s-a)
5% preferred A (s-a)
Great
for
35c
Yellow Cab Co. (quar.)
©hickasha Cotton Oil, common
Common (quar.)
Common (quar.)
-Chile Copper Co
Cincinnati Advertising Products
&
Grande
certificates
Steel
12-15
11-18
$1.78
-
12- 1
11-15
each
Chicago
Gas
(quar.)
11-18
10-31
25c
Co
ishare of Chesapeake & Ohio Ry. held
Chestnut Hill Railroad (quar.)
Cincinnati
11-10
-
Derby Gas & Electric
Derby Oil Co., common (irreg.)
6%
preferred (quar.)
Detroit
1-2-43
25c
$1
35c
$1
50c
$1.50
20c
(quar.)
class A
Special
(year-end)
RR.
Rio
&
Escrow
11-14
11-14
12-13
75c
J37'Ac
$17'Ac
50c
Co.
Co.,
preferred
Common
Cliambersburg Engineering (quar.)
Champion Paper & Fibre, common (quar.)__
$4.50 preferred (quar.)
Chapman Valve Mfg., 7% pfd. (s-a)
Chase Candy Co.—
Common (increased quar.)
4
Chesapeake Corp. of Virginia
Chesapeake & Ohio Ry. Co. (stock dividend)
l/40th of a share of New York, Chicago &
Louis
9-30
10-15
12- 1
10-23
30c
.
Aircraft
11-20
11-15
1-2-48
11-15
Corp.—
prior preference
Rayon
11-29
11-29
1-2-48
$1
$1.25
10c
$1.60
Dempster Mill Mfg. Co. (quar.)
Dennison Manufacturing Co., class A (quar.)
Dentist's Supply Co. of N. Y.
Disher
-
Products
(quar.)
Hudson
&
1%
12-15
Company (quar.)
Bottlers, Inc
Cigar, 7% preferred
General
Goebel
-
r-
preferred
Delaware
11-14
.—
Central
Extra
7%
1-2-48
$1-05
$1
$$1.50
$2
.
(quar.)
Diamond
held
Caterpillar Tractor Co. (quar.)
Certain-Teed
12- 1
of
Capital Estates, Inc. (interim)
Ctepwell Sullivan & Furth Oak—
Preferred
(quar.)
—
Carpenter Paper Co., common (extra)
Carpenter Steel Co. (interim)
Carson Pirie Scott & Co., 4y2% pfd. (quar.)
Castle (A. M.) & Co. (quar.)
B
Denver
$$1.25
$2c
$20c
:137'Ac
$$1.25
5%
of
(quar.)
preferred (quar.)—
Co., Inc., common
Deep Rock Oil Corp
Deere & Co., common
5
$$2.12
share
preferred
Sexton, 4'A%
Delaware
Extra
Canadian
Class
12- 2
1-2-48
1-1-48
$50c
-
—
12- 2
$$2.12
—
B
1-2-48
!$1
Extra
-
General
$30c
a2'A%
93%c
28'Ac
40c
50c
$50c
10c
-
(quar.)
(s-a)
Crown Zellerbach Corp.—
$4.20 preferred (quar.)
$4 convertible 2nd preferred (quar.)
Crows Nest Pass Coal Co., Ltd. (s-a)
Crum & Forster, 8% preferred (quar.)
.
Cuban-American Sugar Co.—
Common (year-end)
Cuban Atlantic Sugar, 5% preferred (quar.)
Culver
Corp.
(s-a)
Curtis Mfg. Co. (Missouri)
(year-end)
Curtis Publishing Co.—
$4 ($3 cum.) prior preferred (quar.)
.
Davis Leather Co., Ltd., class A (quar.)—_
11-14
1$2
120c
General
Electric, Ltd. (quar.)—
Machine, Ltd., class A (quar.)
Canadian Industrial Alcohol Co., Ltd.—
Class A
(s-a)
7%
11-14
12- 1
175c
-
Canadian Ice
4'A %
12- 1
Ltd.—•
Corp.,
Extra
Canadian
Class
11-22
125c
Foreign
Quarterly
4%
12-19
12-19
11-30
10-29
125c
(quar.)
Extra
St.
11-28
125c
(quar.)
Canadian Fairbanks-Morse Co., Ltd.
Chain
12-17
115c 1-26-48
$$1.75 1-15-48
t$2
12-15
120c
11-22
.
7%
Canadian
&
(quar.)
$2 preferred (quar.)
Cork & Seal, Ltd.
11-28
12-15*
$25c
$$1.25
-
Crown Drug Co.
Ltd.—
Common
A
12-15
1$1.50
(quar.)
B
Class
Canada
(quar.)
Crown Cork & Seal
Canada Foundries & Forgings, Ltd.—
1-2-48
$8c
-
Crown
4.4% preferred C (quar.)
Canada & Dominion Sugar (quar.)
93%c
40c
Investors,
Co., 3%%
Cribben
California Water Service—
Canada
-
(quar.)
preferred (quar.)
Cosmos Imperial Mills, Ltd.
Courtaulds, Ltd. (interim).
Crane
General
25c
5%
27'Ac
J20c
15c
$1.06'A
(s-a)
Electric
11-25*
10c
-
Ltd., class A
Corrugated Paper Box Co., Ltd.—
11-15
12-15
1-2-48
When
Share
Gamewell
25c
75c
.
Co
Per
Name of Company
11- 7
12-12
11-20
Varnish-
&
Range
Inc.
Corporate
(Holding), Ltd.—
preference
•California
Coro,
2% %
15c
37'Ac
62'/2c
Extra
Copper
11- 3
35c
(quar.)
10-31
12- 1
11-17
12-15
J15C
-
Holdert
Payable of Ree.
5c
12-10
$1.12%
$2.14
*35c
(quar.)—
/
Extra
15c
Brothers, 4'A% preferred
Butler Mfg. Co. 6% pfd
Butterfly Hosiery Co. (s-a)
Cessna
Paint
When
Monday, November 10, 194?
$1.13
Can
-
20c
Extra
Butler
One
preferred
12- 1
CHRONICLE
50c
$1,12'/a
50c
-
12'Ac
(quar.)
convertible
S'A %
5'A %
Share
(quar.)
-I-
common
37'Ac
_.l
3'A%
Ltd.,
of Company
-
(P.)
Extra
Class
Per
Name
Consumers Power Co.,
-
(quar.)
Mfg. Co. (irreg.)
©urlington Mills Corp., common (quar.)
Byron
Holdert
Payable of Ree.
Mining & Concen¬
Extra
4%
FINANCIAL
&
-
trating Co.
©urkart
When
COMMERCIAL
11-18
11-18
50c
11-14
11-15
11- 5«
$1.50
..s»
12- J
$1.25
12-
1
11-12
$1 1-10-48
12-12
*•
Utilities
(quar.)
^22'Ac
12- 1
11-10*
Interstate (The) Co., common (interim)
s
30c
12-31
12-13
5% prior preferred (quar.)
$1.25
12-31
12-13
Investment Foundation, Ltd.—
^
6%
convertiblp preference (quar,). i $75c: 1-15-43
12-13 '
Iron Fireman Mfg. Co.
(quar.)
30c
12-1
.11-10
Jacksonville Gas Corp. (quar.)
25c
11-15
10-24
Jaeger Machine Co. (increased)
40o
12-10
11-23
Janet's Apparel Shops, 45c pfd.
1-1^18*- U+£ '
Corp.
.
1
Per
ft-
Share
Name of Company
-
ffantzen Knitting Mills—
5% preferred A (quar.)
12- 1
60c
12-20
12-12
50c
1-5-48
12-
4
$1.25
1-1-48
12-
4
95c
Kentucky Utilities, 6% preferred (final)
7% junior preferred (final)
Kerr.-McGee Oil Industries, common
$1.20 preferred (quar.)
Keystone Manufacturing Co. (quar.)
12-
25c
(quar.)
& Co.
12-15
12-
1
1-
2
11-20
6'Ac
12-31
30c
11-15
25C
12-26
12-10
$1.25
Kinney (G. R.) Co., common
$5 prior preferred (quar.)
Klein (D. Emil) & Co. (stock dividend)
11-15
12-15
11-25
11-10
5%
12-
10-31
37V2C
11-28
11-15
50O
12-11
11-18
50O
12-
1
11-10
$2
12-29
12-22
15C
12-
11-
National
Aluminate
11-10
National
Automotive
13 -20
9-30
National
7%
Biscuit
11-24
12-
preferred
12-
1
M
£40o
12-
1
11-
3
Common
$$1.75
12-
1
11-
3
Stock
12-
15
1
12-15
11-26
11-26
50o
25c
12-
11-15
11-15
11-29
11-19
$1
12-15
32-
dividend
41Vo
(15/1000
share
Lawrence Portland Cement Co.
1
1
Lehigh Portland Cement (guar.)
Leitch Gold Mines, Ltd,
<quar.)-_
Leland Electrio Co., 5% cony. pfd. iquar.)
Lewis Brothers, Ltd. (quar.)
11-10
1
11-15
31-
5%
12-
1
11-10
11-15
10-31
52C
3IV4C
12-
3
1
1 •31-48
25c
Tea
3.8%
National
12-
1
11-12
Stock
31-
Selected
of
1
8
National
Natomas
31-15
Naumkeag
12-
1
11-15
Nazareth
12-10
11-21
Neiman-Marcus
RR.—
7%
SCO
—
5tC S-10-48
11-
1
Neptune
12-
1
11-
4*
New
Bedford
12-
1
31-
4*
512^0
12-
1
11-
4»
20c
1
33-
7
7%
iquar.)
$2
—
York
12-
1
31-12
New
32-
1
31-
Newmarket
12-
1
$1.50
880
1
3
Newport
class A
Cordage,
Mfg. Co.
New
ccmmon
31-
5
dend)
Power,
Potomac
31-10
23-28
11-34
100
13-
3
held
1-35-48
3-
3
will
II-21
3.3-10
31-20
3C-31
share
1-2-48
12-20
proval
12-
shares
be
share
of
paid
of
of
the
stock).
'
National
Northwestern
Public
+
Oak
10-31
Qgilvie Flour Mills,
12-
1
31-
50*<,c
1
1-2-48
31-
3
€0o
12-15
12-
2
$1
1-15-48
1-
2
50c
12-
1
31-
4
$1.06)4
12-
1
31-
3
50c
22-
1
11-
3
7%
preferred
Ohio
37*20
11-15
€2 *20
I-2-48
10-31
32-15
15C
11-15
11-
1
30C
II-15
11-
1
$1.75
11-15'
10-31
$1.62''2
32- 1
11-15
25C
1-15-48
1-
5
37*20
1-2-48
32-
4
4Co
21-15
10-31
$1,183,4
32- 1
$5
4*2%
Ben
Coal
Corp.
iquar.)—
Oxford
M
-
31-14
25C
6-20
Co
-
5%
(quar.)
10-2-48
9-20
1-2-48
12-20
4-2-48
3-20
25o
7-2-48
6-20
Pacific
9-20
Parkersburg Rig & Reel,
,/V./"";
(;■
■
pfd,
(quar.)
-
5*,a% preferred
6% preferred (quar.)
25C
Pacific Lighting Corp.
10-31
75c
12-15
$12V2o
1-2-48
50o
12-9
11-28
87 J/2C
1-2-48
12-13
'
50o
11.-62%
22-
1
12- 1
11-15
.
12-15-
11-10
11-10
$4.25
11-15
11-13
10-16
50c
12-11
11-29
40c
12-15
12-
1
30c
12-15
12-
2
ioc
11-15
11-3
il.lti3,*
1-2-48
4%
1st
non-cum.
preferred
«quar.)
Reading
Fair Company
Reed-Prentice Corp. (quar.)
Red Owl Stores,
common
<t3A:'o preferred A iquar.)
Mills
$1.60
non-cum.
Remington
$4.50
preferred
Rand,
Inc.,
preferred
Republic
(quar.)
common
preferred
preferred
Richfield
Oil
Penman's, Ltd.,
common
12-
9
1-2-48
12-
9
2-2-48
15c
1-15
1-15
12-20
12-10
11-15
25c
iquar.).
12-
11-19
11-15
11-15
10-25
40c
12-15
11-25
12-
1
11-19
12-17
11-26
$1.12*2
iquar.)
25c
-£25c
,
.
Co., common
1
45c
45c
(increased)
com.
2-2-48
12*20
(quar.)
Corp.
1-2-48
683ic
'quar.)__
preferred
...
iquar.)
series A preferred iquar.)
prior preference -quar.)
Rohand Paper Co., Ltd., common
4*2%
preferred
11-26
12-12
1-35-48
12-29
Rutland
12-10
11-20
11-10
21-25
11-10
11-19
10-31
common
10-25
12-. 1;
42%>c
-
300
11-15
li-.is.1
12-1
25c
Sabine
2 2-25
iquar.)
iquar.)
'Jacob),
Ruppert
12-22
2-2-48
—
12- 1
12-15
i25c
2-2-48
12-
11-15
12-
1
n-26
Year-end
4*2%
25c
preferred
11-17
&
Whitehall
RR.
Remedial
quar.)
loan
35c
12-20
12-15
11-12
12-15
11-12
12-
1
21-
6
Seaboard Finance
1
11-29
11-13
Dillon Co. (irreg.)
Manufacturing Co.—
preferred
Sears
Roebuck
$1
11-29
11-
3
50c
11-15
11-
1
Second
12-
11-
1
Ltd.,
t25c
11-15
10-15
t$I.7S
11-15
10-15
11-21
25c
12-10
$1.12*2
60c
2-2-48
11-25
11-
75o
21-15
10-30
$1.25
12-
1
12-
1
22-15
3
11-15
>cuar.)
&
(Delaware),
———
Co.
12-
1
11-14
12-
1-16*
1
11-18
11-18
50c
11-10
11-10
12-15
12-
*
11-15
11-
5
25c
12-10
li-n>
iquar.)
Extra
Canadian
4%
International
partic.
preference
12-19
11-19
$iOc
32-
l
11-14-
f5c
12-
1
11-14
Investment,
%
iquar.)
Participating
Servel, Inc., common <year-enfi)
$4.50
preferred
iquar.)
Shawinigarx Water & Power Co.—
30c
12-10
ll-ia
$1.12*2
1-2-48
12-lr*
-
fSOc
11-25
31-I7i
Shenango Valley W'ater, 5% pfd. iquar.)
Sherwin-Williams Co., new common (initial)
12-
11-20
i2%c
Common
4%
iquar.)
preferred
$3.25
(quar.)
1
11-14
$1
Extra
-
—
12-22
11-
3
12-22
11-
3
31 *4c
21-15
10-31
11-15
10-31
Signode Steel Strapping,
5% preferred (quar.)
Silex Company
32-
10-3*
11-15
50c
$1.50
(quar.)
l
12-10
11-29
3 2-10
11-29
50c
$1.50
Signal Oil & Gas Co., class A
$4
12-10
31-29
Simon (Franklin) &Co. (seeFranklin Simon)
12-15
12-
25c
1
12- 1
21-20
12- 1
21-20
12-1
11-20
20o
(quar.).-—..——.
10-31
40c
$3.75
75c
.—
11-15
25c
3
10-20
—
2-1-48
<?
S3 3/10c
11-
10-31
4
11-29*
12-1
$1.50 pfd. A_
12-22
$1.06V*
(quar.-
12-12
$31%c
(quar.)
$1
11-15
(irreg.)
10-29
75c-
preferred
t$3
l
iquar.)
Scythes & Co., Ltd., common
12-13
11-
11-10
jiPc
-quar.)
12-20
11-14
50c
$1 preferred B
Seaboard Oil Co. of Delaware (quar.)
Seaboard Surety Co. (quar.)
1
I
®iy4c
1-2-48
11-10
11-
11-7
25c
Scovill
11-
l
1
85c
Scott en
21-
12-
12-1
11-
75c
12-13
11-20
11-10
50c
11-15
11-15
11-38
11-25
12'%-c
12-25
11-15
12-19
12-15
30c
Semi-annual
Savage Arms Corp
Schenley Distillers Corp
Scott Paper Co., coxnmcn
$3.40 preferred (quar.)
22- 1
50c
11-15
11-15
Associates,
10-27
$1.12*2
1
1-2-48
$2.50
:
$3.65
12-18
soc.
Extra
5%
12-18
$1.(15
\quar.)
Royalty Corp.
Saco-Lowell Shops• lirreg.)
St. Regis Paper Co.
(resumed
Francisco
,1
$3.12*2
-quar.)
1
50c
(quar.)
1
11- f
25c
common
Manufacturing Co.,
4*2%
1
Inc.—
Revere Copper & Brass, common
Reynolds 'R. J.) Tobacco, common
Class B 'quar.)
Rheem
12-
J5c
Fund,
Republic Petroleum Co.,
5*2% preferred
Rockwood &
11-15
common
com.
12-
$1.12*2
(quar.)
Investors
Robinson, Little 61 Co., Ltd., class A iquar.)
75o
(quar.)
Peninsular Telephone Co.,
fl preferred (quar.)
$40c
Rockland Gas Co.
-
(quar.)
preferred
1
1
Regent Knitting Mills, Ltd.—
11-24
37*20
-
Peninsular Grinding Wheel
11
10-25
12-
25c
11-14
-
(quar.)
Year-end
21-15
11-14
25c
342ec
Pacific Gas & Electric,
25C
250 10-2-48
—
$5 preferred (quar.)
Co., common (resumed)
$5 non-cum partic. 1st preferred (irreg.)
$4 non-cum. partic. 2nd pfd. (resumed)-
$1 prior preferred
$3.25
35c
Ray-O-Vac Company (quar.)
Reading Co., common iquar.)
1
12-19
Paper,
7-2-48
11-23
12-
tax
Coast
250
10-17
12-15
12-25
15c
Owens
3-20
11-
11-25
70c
iquar.)
$0.59375
—
11-18
4-2-48
11-29
£25c
Oats Co., 6% preferred
iquar.)
Power Co.
(quar.)
Quaker State Oil Refining tyear-end)
Rath
Packing Co
$2.25
1
31-14
$1.50
Quebec
40c
12-
12-20
Quaker
iquax*.)
55c
Orpheum Building Co
Oswego Falls Corp., 412% pfd. (initial quar.)
Outboard Marine & Mfg. Co. (irreg.)
Pacific
6
12-19
B
Co.—
31-15
11-14
11-
11-6
preferred
2C»c
—
*
32-15
1
12-
50c
preferred
11-15
$1.123^
iquar.)
,
32-15
12-
1
Ban
—
11-14
25c
1-1-48
25c
-
11-
25C
!~:V.
Insurance
(year-end)
22-15
10-24
1-1-48
$1.25
convertible
22-
50c
Glass
11-28
11-15
30c
Extra
5%
25c
(quar.)
Manufacturing Co.u
Quebec Ry. Co. (s-a)
Ontario Steel Products, Ltd. com
7% preferred (quar.)
O-O'Kiep Copper Co., Ltd. (increased) —
A payment of four shillings or 74c after
Illinois
12-31
20c
11-15
Inc
African
11-28
1
&
South
11-14
12-31
12-
Corp
Industries,
11-14
12-15
$1.75
Puget Sound Power & Light iquar.)
Puget Sound Pulp & Timber, 6% preferred,.
Pure Oil Co., common iquar.)
-
15c
prefexmed
11-14
12-15
$1.25
<quar.)_
11-14
12-15
50c
monthly)
12-15
12-
1
12-15
1
Public Service Electric & Gas—
$5 preferred iquar.)
1
ap¬
1
1-2-48
$2
$1.25
25c
Co.,
10-31
$1.75
12-
+$1.75
Telephone
11-15
n-15
Jersey—
iquar.)
12-17
11-20
11-15
1
87V2c
Hampshire—
New
50c
2.2-10
1
12-
for
12-L8
32-
1
Water Co.
iquar.)
22-10
11-1*
a
iquar.)
A
75c-
1
12-
11-28
Natural Gas, common
preferred series A (quar.)
4**4%
Ontario
preferred
preferred
11-12
12-
83C
of
I
6%
10-15
10-2A*
$1.06'/4
l/20th
&
New
6%
13-10
11-15
12-15
(S-a)
Power
Oliver
of
11-14
25c
5
1-1-48
75c
Gas
10-30
$1
1
$$2
iquar.)
21-15
3
12-
+$1.06*4
Oklahoma
Old
12-19
12-19
(quar.)
Indiana—
12-1
per
(Subject to
Ltd., common
1-15-48
75c
10-31
32-
250
1
11-20
11-22
$$1.50
iquar.)$75c 1-15-48
75c
Oil
Ohio
31-20
320
—
22-
12-1
12-10
12-3 3
11-21
11-15
Extra
4C
——
1
11-15
12-31
Ji5c
(quar.)
Co., common
convertible preferred
(quar.)
150
—,
1
22-
1
Service—
$1
:
11-
12-
per
$17
preferred
450
(quar.)
prior preferred • (quar.)
$1 prior preferred (quar.)
$1 prior preferred (quar.)
Minneapolis-Moline Power Implement—
$6.50 convertible preferred (accum.)——
Mission Corp.
Modern Tool Works, Ltd.? (quar.) a---_——
Mohawk Carpet Mills
Monroe Chemical Co., $3.50 pfd. (quar.)
Monsanto Chemical' Co. (quar.)
^"$3.25 pfd. -series A- (s-a)-;——.—-a;—.
12- 3
*
1
t30c
'interim)
1-2^48
30
Common
f-
1
12-
35c
11-15
1-2-48
$2
—
1
12-
11-
1-2-48
35©
-
11-
12-15
11-15
11-15
1
Colorado—
dividend)
Co.
preferred
11-15
12 "aC
held.
preferred
1
12-
$1.25
Ontario
(s-a).
11-15
12- 1
371/2c
$1.25
Leather
Ohio
,0'lia
Mercantile Stores Co.—
Extra
11-15
7
12-
11-19
$1.25
iquar.)
Associated
$2.20
Ohio
'
Miller & Hart, Inc., common
11-29
11-
11- 5*
5%
preferred iquar.)
Manufacturing Co. (quar.)
11-29
11-18*
13-14
5$1.00:a
Extra '
12-15
12-19
of
Indiana
preferred
6%
11- 5*
12-
of
(stock
of
12-19'
5
50c
—
(quar.)
Co.
share
11-1*
25c
'quar.).
12-
5%
4*2%
11-30
31-28
11-1*
50c
preferred
Corp. of
preferred iquar.)
preferred iquar.)
40c
Life
11-1*
1
12- l
5%
Bancorporation
250
(s-a)
11-29
—
Co.
1
12-
x
Service
20c
Insurance
30c
Co
12-15
1
cash
$19.75
and
12-
62*/2c
each
Refractories
433*©
(quar.)
Publishing
stock
11-15
common
Special
10-27
30-23
Gamble
preferred
25c
American
11-15
of
rate
for
shares,
SEC.)
Northwestern
Metropolitan Edison Co., 3.90% pfd. (quar.)
Metz Brewing Co.
(irreg.)
Michigan Consolidated Gas—
4% % preferred (quar.)
Michigan Public Service (quar.)
Mid-Continental Petroleum (year-end)
U-
of
dividend
River
33-20
common
American
the
at
North
40O
—
21-28
11-15
Electric
shares
21
fractional
Potomac
of
and
Power
of
Wisconsin
12.- 1
12-15
Wisconsin
of
North
lieu
dn
North
55c
common
Interim
(quar.)
12-15
$1.06:/4
(liquidating, stock divi¬
stock,
Electric
20-31
5
Co.
common
Northwest
7% preferred (quar.)
Merritt-Chapman & Scott Corp.—
11-28
$1
11-14
31-25
Co.—
_
32-15
Co.—
«initial quar.).
quar.)
(initial
shares
19*4
11-15
'5c
(quar.)
7
11-12
'
32-14
2 Va %
Special
1
11-
5560
Railway
1
$l.37Va
(quar.)
dividend)
65c
•
(interim)
North American
Cash
& Robbins, common
(quar.)
preferred (quar.)
Mead Corp., common (irreg.)
4j/4% preferred (quar,)
>
4% 2nd preferred (quar.)
Meadville Telephone Co., common (quar.).
5% preferred (s-a)
11-
11-21
Extra
32-15
$1.06-/4
$4
11-15
12-1
7
i
12-
25c
partic.
preferred
3.35%
10-31
10-31
1-
iSl^Ms
A
America
Service
Public
$5
11-15
(cash
20o
adjustment preferred
New
3 0-14
Public
22-15
5c
<_
Western
&
each
1-2-48
11-15
of
Service
7%
20-31
1-15-48
5
(this pay¬
——
non-cum.
8%
$1
Dry Dock Co.
preferred A iquar.)
-0-17
&
Co.
3V2%
12-15
11-15
11-lSi
l
RR.—
preference iquar.)
Transit Co. iquar.)
Common
12-15
11-14
12-
1.0-29
2%
Co.
Public Service Co.
1-2-48
50c
&
50c
Prentice-Hall, Inc., $3 preferred
Price Brothers,
Ltd., 4% pfd. is-a)
1-2-48
1
11-
$1
Power Corp. of
Canada, Ltd., com.
6% 1st preferred iquar.)
15c
32-
11-
11-29
$1.50
50c
10-31
11-15
5
11-24
15c
(quar.)
11-15
12-12
12-
<SQc
iquar.)
Brake
Air
Mines
Norfolk
25C
Year-end
12-15
$3.50
11-15
-25c
McKesson
1-1-48
25o
<quar.)
(s-a)
Noranda
€2 VaC
ltd
S15c
common
Nopco Chemical Co., 4%
1-2-48
1
$1.75
(accum.)
5
25c
MoOlatchy Newspaper, 7% preferred
McCord Corporation
(increased)
$1.1212
20c
5
Matachewan Consolidated Mines, Ltd.—
Common
11-12
21-12
11-15
?5c
A
4V4%
12- 1
75c
iquar.)
11-
$1.25
Insurance
Common
Public
$3.50
preferred
31-
Cemiounica-
Massachusetts
preferred
Procter
5*
$1
lyear-end)
common
30-31
55C
—
(interim)
Midwest Oil Co., common
5*
11-
50c
News Shipbuilding
$1
Co., Ltd., ordinary
Mar-Tex Realization-Corp.
Abrasive
11-
12-
(year-end)
11-15
11-15
$3
(quar.)
5% preferred -♦quar.)
Marconi International- Marine
Mid-West
12-10
20c
(quar.)
11-15
}iiC
is-a)
Macimiliah* Company, common iquar, )„
Madison Square Garden Corp. (quar.)
Maltine Company, common (irreg.)
6*2% preferred A
Messenger Corp.
5*
estimates
are
Year-end
33-17
II-
12-12
30o
Lynch Corp.
Lynchburg & Abingdon Telegraph Co.
Meier & Frank Co.
11-
4-c
$1.75
ts-a)
iff/'Ji t* M. & M. Consolidated—
JMhckintosh-Hempbill- Co. (increased)
Mines,
12-15
12-10
Series
eoc
Mclntyre Porcupine
12-31
10c
10c
Extra
McGraw-Hill
10-31
12- 1
10-31
25c
(s-a)
.,E*tra, —7
class
$1.50
7%
5Co
37 "(20
Extra
&
11-15
5
«s-a)
preferred
$1.85
Lukens Steel Co.
Bonding
Potash
11-
Co.,
Oil
Portland
5
New Jersey Zinc Co. (irreg.)
New Park Mining Co.
(irreg.)
32-22
I-2-48
$1.20
t&ccurc.).
tion
7*
12-
Class B
12-
Long-Bell Lumber Co. »Mo.) ♦year-end)
Lord- ti Taylor, 0% 1st .preferred (quar.)...
Louisville & Nashville RR. (quar.)
Lcwenstein (M.) & Sens (quar.)
4'A % convertible - preferred
Manati Sugar Co. virreg.)
Marathon Corp. ccm. iquai.)
11-
12-20
11-15
Co., common
preferred (quar.)
525c
Co.
11-28
1
11-15
$1.25
Co., class B
9
9
53Uc
Co., 4*4%
Mur
11-15
9l'4c
Dividend
&
12-
5
Meter
$2.40
»Md.)—
Stock
Poor
12-
50c
Nestle-Le
1
prior preferred series
1-15-48
20c
1
525C
Insurance
11-10
21-
Extra
2-23
12-
Ltd.—
(quar.)
Lumbermen's
10-31
12-1
25c
Series
Brothers
12-
Plymouth
11-15
Co.,
preferred
ll-ix
(Initial)
$1.25
iquar.)
Cotton
Cement
1
prior preferred 1st series
ment
clears all arrears)
$1.1212
Company
75C
"B"
<quar.)
com.
shown below
Steam
12-
11-12
47*2c
Vulcanized Fibre
Neisner
2-2S
$1.10 3-10-48
(quar.)
$4 class A
11-14
11-14
1
20c
12-1*
£c
11-29
1
Suburban
11-25
Series
11-29
12-
12-26
distributions.
12-
12-31
$1.50
iquar.)
Groups
%
25c
Purred series A (initial)
Plttston Co.
iquar.)
Slock
87 ^c
Loblaw Groceterias, Inc. iquar.)
Lock Joint Pipe Co.. 8% preferred
8%
such
25c
iquar.)
Special guaranteed (quar.)
Special guaranteed (quar.)
Original capital
Link Belt Co. (quar.)
Long-Bell Lumber Corp.
5*/2%
Funds—
30c
25c
quar.)
Extra
Liquid Carbonic Corp., common
3(2% preferred »quar.)
common
The amounts
$1
New
Co.,
Trust
50c
11-20
Corp.,
(quar.)
(quar.)
preferred
preferred
4%%
12-31
Service
preferred
preferred
National
11-15
525c
_
Linen
4*. 2%
5
12-
(quar.)
(quar.)
Bessemer & Lake Erie
share
National
1
(irreg.)
&
11-15
J 15c
12-
37'aC
Extra
both' "A"
12-
Canada—
of
12-22
12-
5
12-31
preferred
50c
$1.07
12-15
12-
12-
30c
common
bv»7a
1 '2 %
12-31
12-
11-1&
25o
Pittsburgh
9
11-15
11-23
11-19
5
Pittsburgh Steel Co.—
12-
1
1
£
12-
preferred
6%
12-
i
12~2£
12-
12-10
Water, common
preferred
(quar.)
Phillips-Jones Corp., 5% preferred (quar.).
Phillips Packing Co. (resumed)
Phillips Petroleum Co. (quar.)
Pillsbury Mills, common (quar.)
6%
(quar.)
$1
t
11-
12-15
$3.65
12-19
11-18
Lindsay Light & Chemical
on
11-14
12-
$1'
B
1
2
(quar.)
Extra
12-15
12-
l
1-15-48
$2
11-
25c
Electric,
Philadelphia
$4
12-
$1.10
1
30c
preferred
2
Myers Tobacco
Cass
12-15
1-2-48
12-
$1
(year-end)
Co.,
1-2-48
12-
Preferred
Groceterias
25c
12-13
31-32
'Class A
11-29
11-29
12-13
11-
Loblaw
12-15
12-15
$1.50
31-10
Miami
11-29
$2.50
1
Little
11-29
2nd
1
♦
11-14
12-15
1st
12-
Corporation
12-15
12-15
non-cum.
12-
Lionel
11-15
11-14
non-cum.
11-28
Liggett L
3
4I2V2C
$1.7D
<
12-
12-15
$1
12-
$1.37'/2
(quar.)..
Extra
Philadelphia
for
iquar.)
Drug & Chemical Co.
irreg.)
Corp.
I
3%
50c
(quar.)
Lehigh Coal & Navigation
Savers
11-15
$1.75
Common
35c
_
Life
U-
12- 3
20c
quar.)
of a share
£>2y2c
Brewing Co. (quar.)
$2
preferred
preferred
National Gypsum Co., $4.50 pfd. iquar.)
National Hosiery Mills, Ltd. (quar.)
National Lead Co., 7% preferred A iquar.)
'
Libby McNeill & Libby
11-15
lc
Pfelffer
50c
$3
<s-a)
Lawyers Title Insurance, 6% preferred ss-a)
Le Tourneau tR, G.), Inc., $4 pfd. iquar.)
& Sons Co.
12-31
45c
5%
quar.
Lees (James)
62'/2c
40c 1-15-48
$1
Increased
'
(quar.)
preferred B (quar.)
Peoples Gas Light & Coke Co
Peoples Telephone Corp., common
4'/2% preferred
Peter Paul,
Inc
40c
(quar.)
held)
preferred
Convertible preferred
National Erie Corp.—
4
1
When
Holier*
Payable of Rec.
Share
preferred C
$1.75
dividend
National
11-5
12-11
50c
(accum.)
1.1-15
30O
(quar.)
12-15
575c
'-Extra
11-15
15c
Co., common
(cash
each
31-34
250
25C
11-15
30c
Fibres
(quar.)
Register
Cash
$1.25
5% preferred (quar.)
Lake of the Woods Milling, Ltd.—
Common (quar.)
.7% preferred (quar.)
Lane Bryant, Inc. (quar.)
Lane-Wells Co,
(quar.)
(quar.)
Corp.
(year-end)
National Casket Co., common (increased)
$7 preferred
(quar.)
National Cylinder Gas—
11-15
1
—
-
National
30c
,
Extra
11-24
8
—
Per
„
Company
50c
10-25
12-
1
1
of America—
(quar.)
11-10
8
3.70%
25c
Co.
Acme
5c
(quar.)
Landis Machine Co.
preferred
11-29
15c
Langley's Ltd., 7% com-, pfd.
Lansing Company (quar.)
Lanston Monotype Machine—
Co.
10c
Extra
11-
12-
12-
37*/2c
(quar.)
A
Chemical
National
1
Lake Superior District Power Co.—
"Common
convertible
6%
11-10
1
11-15
12-
11-15
20c
40c
(quar.)
Murphy (G. C.) Co. (quar.)
Murray Corp. of America—
Muskegon Motor Specialties Co.—
35o
15C
75o
$1.25
30c
Manufacturing com. class B
Mutual
1
—
Name of
4
Pennsylvania Electric Co.—
4.40%
62*/2c
Extra
$1.20
11-14
10c
Mullins
12-23
11-20
$1.21 Va
12-15
20c
participating preferred (s-a)
16C
(irreg.)
Koehring Co. (increased quar.)
Kresge (S. S.) Co. (quar.)
;
Kress (S. H.)
& Co
Kroehler Mfg. Co., 4*/2% preferred A (quar.)
Kroger Company, common (irreg.)
Kysor Heater Co. (irreg.)
L'Aiglon Apparel, Inc. (quar.)
Laclede-Christy Clay
Products
Lake Dufault Mines, Ltd. (interim)
Lakey Foundry & Machine (year-end)
11-14
30c
(s-a)
common
Participating
b'/o
series
interest
Holder*
12-15
30c
—
Muehlebach Brewing Co.,
Extra
Knickerbocker Fund—
Beneficial
(s-a)
Extra
11-20
12-15
5c
Extra
1
3c
Producers
When
(1931)
Payable of Reo.
$i2c
lc
Mountain
11-20
CHRONICLE
J43c
—
Extra
11-20
12-
Share
(quar.)
Moody's Investors Service, Inc.—
$3 participating preference (quar.)
Moore Handley Hardware, com. (increased).
5%
preferred (quar.)
1
Moore-McCormack Lines, Inc.—
$2.50 convertible preferred
Morrison-Knudsen Co., common (s-a)
Mount Diablo Oil Mining & Development—
Quarterly
11-14
1
$0.8152
$1.0557
—
Per
Name of Company
Montreal Cottons, Ltd., common
7% preferred
(quar.)
11-25
25c 1-15-48
(Julius)
FINANCIAL
&
Holder*
When
Payable of Reo.
$1.25
Jewel Tea Co. (quar.)
Jones & Laughlin Steel, common
5%
preferred A (quar.)
Kansas City Power & Light—
3.80% preferred (quar.)
Kansas City Stock Yards Co.—
Kayser
COMMERCIAL
THE
Number 4645
Volume 166
\
11-15
20-25
5Cc
3-1-48
12-25
250
21-18
111- 8
25c 2-15-48
2-5-38
375c
11-15.
10-18
Class
B
(quar.)
Extra
12-10
11-29
20c
£2%c
15c
1
31-11
1
31-10
11-11
(H.) & Sons., Ltd., common (quar.)t30c
5% preferred (quar.)
—
?$1.25
Simplicity Pattern, 5% conv, pfd. (final)—
$0.0458
Simpson's Ltd., 4*/2 % preferred (quar.)—_ $$1.12*2
Sinclair Oil Corp. (quar.)
25c
12- l
12- 1
11-15
12-15
11-15
common
1232-
Simon
Sivyer
Skelly
Steel
Castings
Oil Co.
Skilsaw,
Inc.
Two
shares
New
common
of
;
common
for
-
(initial quar.)
11- 311- 8
11-1#
10-15-
25c
—
(year-end)
n-14
11- 3
$1-25
12-17
11-33*
12-12
12-12
12- »
12- Jt
(stock dividend)—
held
10-3*
.*
each
share
—
.
,
200%
30c
.
48
(Alexander)
Iron
&
Extra
Aircraft
Sonotone
80c
Corp.,
Bend
Southam
common
Natural
1
(Dallas)
12-
12-15
11-15
12-15
11-15
50c
12-15
7%
12-
8
5
$1.50
12-15
12-
$2
11-15
12-10
11-15
12-
12-15
$1.12%
1-5-48
12-15
25c
12-12
11-26
I-15
11-15
11-
1
11-15
11-
1
12-15
11-14
12-
1
Warren
1
10-31
1
10-31
$1
1-2-48
12-20
20c
11-28
11-10
12-15
37'Ac
11-14
Extra
_
.
_ _——. —
_
Corp
Silica
12-10
11-10
12-10
11-10
11-15
11-
12'Ac
—
25c
12 Vic
(quar.)
of Indiana
Extra
1-2-48
Fuel
Stock
Supply
(cash dividend)
Co.
dividend
12-10
11-20
Sterling,
Extra
Studebaker
Suburban
1-10-48
12-31
1-2-48
12-17
12-
1
11-
8
12-
1
11-
8
1-2-48
Co.
10-31
1-2-48
12-20
12-
11-15
11-
5
11-15
II-
5
11-15
11-
5
11-28
11-14
11-15
10-29
25c
12-15
11-25
common
dividend
_
25c
11-17
10-
11-17
10-
12-
1
12-
1
1
Weston
1-2-48
12-
Whitaker
11-
5
2
50c
12-15
12-
11-14
10-15
11-15
11-
3
12 Vic
11-28
11-
7*
30c
11-28
Extra
Telecom
Coal
Oil
&
50c
Railway
Thatcher
Glass Mfg.,
common
$2.40
convertible preferred
(quar.)
Thermatomic Carbon, $5 preferred (s-a)
11-10
12-12
11-15
10-31
11-15
10-31
12-
11-25
$2.50
1
1-1-48
3-15
Quarterly
50c
6-25-48
6-15
15c
11-15
10-31
30c
12-
Thompson
Tide
(John R.)
Tide
Water
Tivoli
Power
Brewing
Co.
(increased quar.)
15c
(quar.)
25c
Co
Tank
Oil
Edison
Trane
Oil
&
pfd.
(increased
Company
Trinity
Universal
New
12-
10-31
quar.)
(Dallas)
Co.
Co.
dividend)
5%
11-
11-14
11-15
10-25
11-15
10-25
City
&
Union
Electric
Co.
Rubber
(Mo.)
Co.
11-10
11-
12-10
11-28
$1
12-
1
1111-
3
100%
17 Vic
(quar.)
5
1-2-48
12-10
—
$3.50
preferred
(quar.)
87 Vic
11-15
10-31
$3.70
preferred
(quar.)
92 %c
11-15
10-31
$1.12 Vi
11-15
10-31
933Ac
12-10
preferred
Oil
$3.75
Co.
of
(quar.)
California—
preferred
Union
Storage
A
Biscuit
Co.
United
Carbon
United
7%
(quar.)
Corporations, Ltd.,
Class
United
Co.
class
(quar.)_
A
B
Engineering & Foundry,
preferred
common
(quar.)
United Gas Improvement
e Extra
(s-a)
12-
1
1
1
United
5%
Co.,
$37c
11-15
5%
pre/erred
5%
11-29
7%
(quar.)
Casualty Co., 45c conv. preferred (s-a)
Finishing Co.—
preferred (clears all arrears)
preferred (quar.)
$4
convertible
U. S.
U.
S.
7%
preferred (quar.)
Machinery Corp.—
4'A %
participating preferred (quar.)
U. S. Leather Co., common (initial)
U.
S.
11-18
11-
Participating
U. S. Lines, 41/2%
11-18
11-
Common
preferred
(increased
quar.)
(irreg.)
(s-a)
—
ities
its
crude
1935,
to
crued
oil
Sohio
and
oil
are
&
Curtiss,
J.
of
&
6%
convertible
6%
convertible
an
organization
oil
production
stock
Lee
Higginson
1.00
Merrill
.75
Ripley
&
Shepard
12-26
11-12
12-13
10-27
Hayden, Miller &
10-27
Hornblower
12-24
11-20
W.
12-24
11-20
Kidder,
Inc.
1.50
&
Co.
1.25
1.00
..
1.75
Jackson <te
Pierce
2.75
&
Co.,
.50
...
&
Gardner
Mosle
&
1.00
.50
Moreland
1.50
Shields & Co.
Co.
2.75
Smith,
Barnev
Weeks
&
2.75
10.25
_
_
Rotan,
Inc.
Co
...
.
Reinholdt
Co.,
&
2.75
&
Webber,
Rauscher,
4.00
(Inc.)
2.0^
Pierce,
Co.
Curtis
Co.,
&
1.50
2.25
Beane
Cook
Ohio
Paine,
.50
Co.
&
4.00%
_
Co.
Co
Turben
Newhard,
The
1.00
Corp.
&
_
&
Stanley & Co
Maynard H. Murch & Co.
10.25
„
2.75
Union
Securities
2.00
&
Co
Peabodv
166,
activ¬
years.
Co
Morgan
1.00
Co
Corp.—
&
Marks
Lynch,
Merrill,
1.00
&
Corp.
Legg
M.
Fenner
1.25
Inc.
Hutton
war
principal underwriters'
which each has agreed to
1.25
25c
2.25
Co
4.00
Corp.—
4.00
Watling, Lerchen & Co.—
White, Weld & Co._
2.75
Co
&
2.75
&
1.00
1725.
p.
$3.50
11-10
10-24
11-15
11-15
10-27
10-27
12- 1
11-15
10c
11-14
11-10
Winthrop-Stearns
t50c
f$2.50
12-31
12-31
11-17
11-17
President.
Co
Sterling Drug, Inc.—New Divisional Vice-President—
Promotion
of
Carroll
Dr.
Richard
Dr.
Inc.,
will
his
continue
11-15
10-25
facturing operations at
$1.12'/2
25c
31'Ac
£50c
100%
50c
12-15
11-29
12- 1
12-17
11-10
12- 1
12- 1
11-15
11-15
11-17
10-31
11-10
duction
3%
50c
12-8
12- 1
11-3
11-15
12- 1
Carroll
Divisional
to
by
announced
was
25c
duties
Vice-President
Theodore
Dr.
G.
Superintendent
as
of
Klumpp,
of
manu¬
11-15
12- 1
12- 1
Harold
throp-Stearns
(quar.)
(quar.)
(quar.)
preferred
preferred
& Tube Co
plant,
where
pro¬
Inc.-
L.
Hansen
Inc.,
a
has
been
appointed
subsidiary.—-V.
166,
p.
Vice-President
Win¬
of
1524.
Stewart-Warner Corp.—Extra 25-Cent Dividend—
The
the
par
value
11-19
Nov.
common
also
declared
semi-annual
usual
Like-
8.
pany
have
directors
and
1-24
1-20
4-20
7-20
11-19
Y.t
New Vice-President of Unit—
11-20
25c 2-1-48
37'Ac 1-31-48
37'Ac 4-30-48
37'Ac 7-31-48
$1
12"13
N.
primarily
utilized by Winthrop-Stearns
be
11-15
25c
(monthly)
the firm's Rensselaer,
consists of pharmaceuticals supplied in the form
of
ampules and tablets.
In
addition to
plants
at
Rensselaer
and
Glenbrook, Conn., a newly-purchased factory in Myerstown, Pa., will
Dr.
$2.50
ts-a)
preferred
as
several
McDonald
Co
Cleveland
Hall
the
of
1.25
—
&
11-12
(quar.)
convertible
assets
companies
during the
Mackubin,
Co
&
Boston
Harrhnan
crude
rapidly
Laurence
Co
&
its
1.00
Southwest.Co
—V.
developing
4.00
Co
Davis
Richards
E.
operations
sheet
principal
pipe lines.
develop
10.25%
Fahey, Clark & Co
First
began
it
unsubscribed
Inc
House
H.
Field,
balance
the
progressed
names
Inc
Burr,
Dain
M.
to
program
Kraus—
Co.,
&
Coffin
miscellaneous
among
follows:
as
$10
37'Ac
4%%
supply,
aggressively
percentage
Burge &
Blyth
in
total
on
17th
facilities
for the purchasing
and
gathering of
adequate to meet its refinery requirements.
Sub¬
Sohio constructed or acquired and extensive system
This
1942.
the
Ball,
and
Based
ranked
S. Moseley & Co
F.
on
company was authorized
stock (-$10 par).
in acquiring and developing
properties, in marketing automobile '
gas
outlets,
refined- products
and
started
in
the
common
otherwise,
or
oil and
Sohio
supplies
Hawley,
Youngstown
Sheet
x
Less
books
S;Transfer
income
Jamaica
30%
stock,
amounts
paid
a
were
total
of
dividend
extra
an
dividend
25
of
payable
both
paid
$1
011
per
June
share
of
cents
Dec.
2.
1
25
per
to
cents
share
holders
last.
In
during
the
1946,
per
on
share
the
of
$5
record
the
com¬
year.—V.' 166,
closed
not
tPayable in U. S.
for this
Funds, less
15%
in Canadian funds, tax
resident tax 15%; resident tax 7%.
{Payable
11-21
Less
British
income
12-20
11-21
58'Ac
12-
1
11-15
53c
12-
1
11-15
12-
50c
1
11-15
1-2-48
12-15
4-1-48
3-15
$1.25
7-1-48
6-15
22 'Ac
$114.25
12-
1
12-19
11-17
12-
5
dividend,
Canadian non-residents' tax.
deductible at the source.
General Corporation
and
22ViC
1-2-48
12-17
12-16
12-
3
proceeds
will
be
used
for
Co.—Earnings—
1947—Month—1946
1947—12 Mos.—1946
572,829
7.9.31,912
6,495,387
199,706
206,418
2,170.174
1,414,914.
97,734
75,920
998,999
978,939
78,000
62,500
999,500
685,833
$440,397
$390,818
$4,012,567
$5,210,068
taxes
taxes
Net
retirement re¬
appropriations.
oper.
.revenues
Oi h'er -income
(Ohio)—Common Stock Offered—
As mentioned in our issue of Oct. 27 the company is
Standard
Oil
offering to the holders of its outstanding common stock
of record Oct. 21, the right to subscribe at $23.75 a share
for an aggregate of 584,117 shares of common stock at
the rate of one share for each five shares then held.
Rights expire at 3 p.m. on Nov. 5.
The offering is being
underwritten by an investment banking group headed
by F. S. Moseley & Co.
Such subscription rights will be evidenced by subscription warrants
will
be
exercisable
price
at
the
upon
office
payment of the
Bank, New Yorfc,
surrender thereof and
of
Chase National
proceeds will be added initially to the general
It is "expected that such net proceeds together
with other available funds may be applied to the payment of capital
expenditures, and any balance thereof not so applied will be added
PURPOSE—The
funds of
the
$1,308,485 $16,113,152 $14,785,141
943
1,479
11,448
40,410
$441,340
-
$392,297
$4,024,015
$5,250,473
Co.
11-19
62 'Ac
The
2459.
746,739
Other
(Continued from page 12)
Continental Illinois National Bank & Trust Co., Chicago,
or
at American Trust Co., San Francisco, or at National City Bank,
Cleveland, sub-agents.
1-15
p.
eluding direct taxes—
Federal
serve
agent, or at
1-15
165,
$1,562,576
Investment News
subscription
11-15
underwriting.
equipment purchases.—V.
Property
which
12-15
Nov. 3 filed a letter of notification with the SEC
cumulative preferred stock,
to be offered at par
No
Period End. Sept. 30—
12-15
1-30-48
on
5%
share).
Operating
revenues
Operating expenses, ex-
12-15
12- 1
shares
Texas Electric Service
tax..
1-2-48
1-30-48
a
Non¬
1-2-48
50c
company
250
($100
$1
$1.50
Syracuse Suburban Gas Co., Inc.—Files with SEC—
for
$1.75
$1.06%
1259.
p.
The
tax.
7
12-20
50c
class A
sequent
of
necessary
oil
11-10
1-2-48
Common
7
Hoffman
$4 partic. non-cum.
lease
retail
foregoing.
25c
preferred
10-31
50c
$1.25
preferred
the
and
3,250,000 Oct. 21,
1947'
principal activities were refining and marketing.
with the objective of achieving lower costs and a greater
of
12- 1
Co.—
10-15
$1.25
(quar.)
(quar.)_
with
1947
dohio's
ih>ji>
that time,
assurance
Harris,
common
11-14
Merchants & Manufacturers, Inc.—
preferred
the
1946,
the industry,
11-14
11-18
12-10
50c
L'ght & Railways—
preferred (monthly)
6.36%
prior preferred (monthly)
6% prior preferred (monthly)
prior
through
to
30,
issue
was incorporated in Ohio on
engaged principally in the production, pur¬
refining, and marketing of crude petroleum '
therefrom.
In connection with these activities,
derived
31,
11-24
Mfg
(Wm.), Jr. Co.
Cab
11-18
12-
United
7%
Dec.
shares
to
is
engaged, through
incidental
Sept.
for
BUSINESS—Company
Sohio
prospective and proven
accessories
of
as
issuable
1947).
5,000,000
AND
products
is
21,
.
*3,504,705 shs.
and- shares
the company was authorized
stock ($10 par). By amendment
50c
Mfg.
11-14
12-
65c
pfd. (quar.)
and
At
15,000,000 shs.
Oct.
transportation,
12- 1
11-10
50C
conv.
389,850 shs.
1947,
of
1870.
12-10
10-31
1
$1.75
5%
(quar.)
Extra
11-10
$25c
Aircraft Corp.,
(quar.)
12-
50c
United
Lines,
$1.12 Vi
$1.25
25c
(quar.)
4'A% preferred
Air
United
25c
Co.
United
10,
chase,
in
par)
articles, of incorporation,
total
50c
Bankshares
prior
Wrigley
a
(quar.)
of
common
a
HISTORY
Jan.
of
1,991,363
con¬
258,410 shs.
as
amended
First
11-19
$4.50
Union
issue
it
land
($100
-
7
11-15
of
its
to
Outstanding
$15,000,000
($10 par)
+As of Sept. 30,
shares
•
FINANCING
not limited
and
cumulative
10c
16c
Candle
PRESENT
$15,000,000
series)
1,012.6 shares
The
Extra
Co
Asbestos
11-15
11-21
scrip
11-10
11-10
1-15
Electric Co., com. (interim.)
non-cum.
preferred
(s-a)
Yellow
$1
Ninth Unit, Inc.—
(accum.)
Union
Baumer
6%
25c
quar.)
preferred
Rubber
3
—
250
(stock
(initial
&
EFFECT TO
8,842 shares held
in
treasury
certificates outstanding ( 1,047.6 shares
87Vic
12- 1
95c
12- 1
$20c 1-31-48
:
Lace
"
and
33A%
A,
First
Co.—
industry
sources.
Excludes
The
Extra
1
in
Common stock
11-10
preferred
Co.
Wilkes-Barre
11-10
1
Oil
Worumbo
50c
Insurance
Coal
common
6%
11-15
7
11-14
$1.06'A
(quar.)
QuartPrly
Truax-Traer
Tyer
11-
12-
25c
Pump
4(4%
Co.,
Extra
Tudor
1
25c
Tokheim
Toledo
(resumed)
Co.
Associated
Water
Series
12- 1
pfd. (quar.)
Woodall Industries, Inc., common (quar.)—
5% convertible preferred
(quar.)
Woods Manufacturing Co., Ltd.
(quar.)
Woodward Iron Co.
(stock dividend)
Woolworth
(F.W.) Co. (quar.)
Woolworth (F. W.) & Co., Ltd.—
6% preference registered
(s-a)
12-15
4-1-48
-
(issuable
E'stabrook
(quar.)
non-cum.
5%
50c
(quar.)
Co.
the
debentures, due
notes
stock,
25c
Motor
Wisconsin Power & Light,
50C
Mills
11-15
11- 1
2-1-48
11- 1
2-1-48
12- 5
these
payable
12-18
11-14
11-10
(irreg.)
Dental Mfg. (quar.)
S.)
Wisconsin
Quarterly
Thomaston
11- 3
of
-
mortgage
tracts
Preferred
*
fund
1962
1-2-48
12-15
12- 1
Winnipeg
11-10
1
12-31
60c
—
1
12-
15c
Pacific
&
12-
$1
(s-a)
Extra
Texas
11-10
11-30
11-15
Extra
Will
Notes,
sink,
10c
(S.
Wilcox
7*
$1
Pacific
Texas
10c
Corp.
11-
7%
1,
(quar.)__ t$1.12Vi
35c
pfd.
4Vi%
Whitehall Cement Mfg.
50c
common
10-17
10-17
11-28
Extra
20c
Inc.,
preferred
May
$1.25
$1.50
25c
Paper Co.
White
(s-a)
4%
11-15
11-15
11-15
12-11
Extra
11-14
1
12- 1
in
Authorized
Paul
Products
Chlorine
White
Tampa Electric Co
Tampax, Inc.
(quar.)
Talon,
12- 2
combination
some
CAPITALIZATION, GIVING
20-year 3%
Until
Instrument
Ltd.
(George),
Westvaco
11-15
f 2c
12-12
or
25c
Electrical
Weston
11-15
12-
75c
11-14
12- 2
stock
developments
Sohio's
operating results,
it
is
anticipated
that
capital
expenditures
will
continue to be substantial in amount.
The additional funds, if any.
wincn
may be required lor-sucn future expenditures above the funds
generated from operations, may be derived from general funds or from
the proceeds of bank loans, long-term debt, sale of
preferred or com¬
purchase,
preferred A (quar.)
3.80% preferred B (quar.)
Westminster
Paper, Ltd., common
11-15
10c
40c
d
12- 1
12-12
$7
12- 1
75c
11-15
75c 2-15-48
$1.25
11-15
$1.25 2-15-48
$2
12-12
3Vi%
1
37 Vic
Oil Corp., 6 % pfd. (quar.)
preferred (quar.)
Swift International, Ltd. (quar.)
Sylvanite Gold Mines, Ltd
Syracuse
Transit Corp
Swan-F nch
11- 1
Extra
1
5%
(cash dividend)
Oil Corp.,
Stock
11-22
55c
12'Ac
$1.12%
preferred (quar.)
Westinghouse Air Brake
(year-end)
Westinghouse Electric Corp.. common
15c
Gas
11-14*
10-25
10-25
10-31
11-12
mon
conditions,
UNDERWRITERS—The
5%
11-15
1
preferred
preferred A (quar.)
5% preferred A (quar.)
Western Railway of Alabama
Western Tablet & Stationery
31'Ac
(quar.)
12- 1
11-10
11-10
11-15
11-25
Sohio's'
and $5,900,000 for marketing.
While
which -may be required for capital
expenditures in future
be dependent upon many factors, including general business
economic
of
5%
12-20
11-20
$1
Corp.
Propane
Oil
2
12-29
25c
(quar.)
common
(quar.)
preferred
4%
11-26
25c
Corp.,
Extra
Sunray
12-11
1-10-48
25c
Wells
Struthers
$1.25
12-20
25C
(quar.)
(quar.)
preferred
Coke & Coal
prior
Stonega
1-9-48
10%
dividend
Stock
933Ac
$1.12%
$1.06'A
t20c
$1.75
$1.50
50c
(quar.)
Virginia Coal & Coke (irreg.)
West Virginia Pulp & Paper Co.—
4 Vi %
preferred (quar.)
Western Maryland Railway—
7%
1st
preferred (accum.)
Western Pacific RR., common (quar.)
Common (quar.)
10-30
25c
(cash
11-14*
$1.50
(quar.)
preferred
6%
25c
Camp, Inc.—
dividend)
Van
Common
11-14
10c
.
Stokely
12- 1
1946,
year
$3,000,000 for refining
will
crude
West
25c
(s-a)
Corp.
Stewart-Warner
RR. Co.—
special guaranteed (s-a)
7%
57c
Electric Motors, common
Inc., 4'A% preferred (quar.)
Sterling
20c
$1
75c
common
Seashore
&
Jersey
6%
1
$1
(quar.)
Inc.
Stores,
Bros.
Extra
11-15
1-15
4-15
7-15
11-14
11-10
West Penn Electric—
11-19
50c
Year-end
Sterchi
12- 5
11-15
12- 1
(quar.)
(increased s-a)
12-
40c
-
1-5-48
12- 1
Sugar
12-10
25c
(quar.)
Co.
&
(A.)
11-21
(quar.)_
(quar.)
Indies
12- 1
11-15
Extra
12-15
1
Acid Wks.—
Quarterly
preferred
12-10
15%
Standard Wholesale Phosphate &
Corp.,
West
12-
20c
Co
Petroleum
.
12-22
11-14
$1.13
calendar
oil
amounts
end
11-29
37'Ac
25c
(quar.)
common
(quar.)
11-12
50c
60c
Stoker
Co.,
D.)
preferred
$5
West
5
__
Standard
(S.
the
years
12-30
12-30
11- *
12-15
crude
portation,
.
12-10
12- 1
12-1
2-2-48
5-1-48
8-2-48
12- 1
11-20
the
amounted
to
$21,006,672, of which $11,450,254,
production, $2,724,706 for transportation, $1,517,225
refining, $5,051,020 for marketing and $263,467 for miscellaneous'
expenditures.
The budget for
the calendar year
1947 contemplates,
capital expenditures of approximately $27,000,000, of which approx-"
ima,teiy $12,500,000 is for crude oil production, $5,600,000 for trans¬
for
for
11- 3
1-1-48
1-1-48
11-10
12- 9
1-2-48
12- 2
inventories.
EXPENDITURES—During
expenditures
to
(quar.)
Pictures
Brothers
33A%
—
12- 1
CAPITAL
11-14
16-20
137 Vic
(quar.)
Washington Gas Light, $4.50 pfd. (quar.)__
$4.25 preferred (quar.)
Waterous, Ltd., class A (quar.)
Wellman Engineering Co
Wentworth Mfg. Co. (quar.)
Wesson Oil & Snowdrift Co., Inc.—
—
l®"3;;
J-J" 3
H-25
12- 1
11-10
$1.75
25c
$1
37 /2C
37%c
37Vic
20c
15c
quar.
preferred
Warren
11-15
1
12-
85c
Oil Co.
Standard
Standard
Increased
$4.50
12-
12-15
11- 3
11-18
11- 7
11- 7
11- 3
11-15
75c
Warner
12-15
12-
(quar.)—
Vogt Manufacturing Corp
Walker & Co., class B
Walker (Hiram) Gooderham & Worts—
2-2-48
40C
Oil
(increased quar.)
Corporation
$1
noc
11-15
1-1-48
11-15
12- 1
12-10
12-10
11-20
12- 5
11-15
H"10
75c
56'Ac
lVfec
$1
62'Ac
75c
<auar>
preferred (quar.)_
45C
$$1.25
B
Virginia Coal & Iron Co
Virginian Railway, 6% preferred
6%
preferred (quar.)
6%
preferred (quar.)
1
J3C
preferred
Verney
11-10
40c
12- 1
62Vic
15c
56'Ac
$1.25
75c
$1.75
Co
5% prior preferred (quar.)
Vanadium-Alloys Steel
Vapor Car Heating Co.—
1-13
11-15
1
Insulation
Utah-Wyoming Consolidated
Utica Knitting Co., common
12-15
50c
Corp. (quar.)
California (Del.)
of
12-
was
t2Vic
Upper Canada Mines, Ltd. (interim)
Upper Michigan Power & Light—
6% preferred A (quar.)
1
87'Ac
(quar.)
common
Quarterly
Sun
12-12
20c
Standard-COosa-Thatcher
5%
Zonolite
35c 1-15-48
preferred (quar.)
Standard Cap & Seal Corp.—
$1.60 convertible preference
(quar.)
Stanuard Chemical Co., Ltd., com. (quar.)5%
preferred
(quar.)-
Stein
Insurance
Universal
40c
11-15
Co
Universal
12-15
12- 1
25c
5c
(irreg.)
12-19
—
$3.50
Forgings
Oil
10-20
4%%
———————
Oil Co.
Specialty Corp
11-15
—
Extra
Standard
&
Consolidated
1-15-48
Public
Standard
Utilities
United
75c
Service—
Common (increased quar.)
Spalding (A. G.) & Bros, (s-a)
Sparks-Withington, 6% conv. pfd. (quar.)_
Sparton Mills (quar.)
Spencer Kellogg & Sons (quar.)
Spiegel, Inc., 4%% preferred (quar.)
Springer Sturgeon Gold Mines (initial) _—Squibb (E. R.) & Sons, common
$1
preferred (quar.)
Stamford Water Co. (Conn.)
(quar.)
State
11-20
20c
50c
40c
$1.50
10c
$1.25
Stockyards Corp. (increased)
United Stores, $6 conv. pfd. (quar.)
United
$1.25
Quarterly
Brands,
(increased quar.)
common
37'AC
Co
Gas
Southwestern Life Insurance
Standard
1
S. Steel Corp.,
Special 1_
7% preferred (quar.)
11-17
12-
(quar.)
*$1.50
(quar.)
quarterly
Southwestern
U.
preferred
(quar.)—
common
1:30c
non-cum.
Increased
1
capital'
$2
Universal
Co., common (quar.)
preferred (quar.)
Southwestern Electric Service—
5%
12-
Ltd.—
Co.,
Railway
Southern
10-17
S.
4Vi %
_—
Power
partic preferred
Southern.
11-15
12-16
-
—-
preferred (quar.)
Spring & Bumper,
5%
U.
5
40c
(increased)
Common
11-14
25C
(quar.)
Canada
12-
11-28
Co.—
Water
California
preferred
Southern
11-19
12-31
1-2-48
(quar.)__
Printing & Lithograph, com.
S.
higher cost
10-31
12-16
Society
Extra
11-19
12-19
U.
and
11-15
1-2-48
50c
Loan
Extra
10-31
12-19
J25c
(increased quar.)
Greyhound Lines (quar.)
S.
10-31
11-15
60c
(quar.)
Ltd.
Southeastern
6%
1
12-
22'Ac
31'Ac
(quar.)__
(quar.)
Works
Lathe
Co.,
Southern
4%
11-10
10c
pfd.
(quar.)
conv.
convertible preferred A
$1.25
12-10
U.
to working capital to enable the company to meet the increased cash
requirements of its operations resulting from larger volume of business
Holder•
Payable of Reo.
30c
50c
(Phila.) (s-a)
Playing Card Co. (quar.)—
S.
11-10
87 %C
(quar.)
Co.,
Extra
South
12-10
U.
11-10
5c
preferred
3% %
Solar
11-20
65c
Steel
1-2-48
35c
6%
Corp.,
Sloss-Sheffield
Smith
$3
70c
pfd. A (s-a)
(irreg.)
& Sons, common (quar.)
Sloane-Blabon
Share
Name of Company
Payable of Reo.
12-24
When
Per
Holdere
When
Per
Share
oj Company
name
Monday, November 10, 1947^
COMMERCIAL & FINANCIAL CHRONICLE
THE
(1932)
net
company.
Gross
Interest,
income
etc.,
Nejt; income
_
62,335
72,406
847,819
1,388,612
$379,005
charges—
—
$319,891
$3,176,19.6
$3,861,866
Preferred dividend requirements for
period.
Neb income
computed
375,678
375,678
$2,800,518
•V
Balance
$3,486,188
3,176,196
3,204,548
giving effect to elimina-
tibnN)f extraordinary non-recurring tax bene¬
fits
not
offset
by special charge
—V;;:i66, p. 1397.
Talon, Inc.—Merger Ratified—
Holders of. the. common stock on Oct. 27 voted to approve a plan in
the firm's resources -would
be combined with those of the
which
Lightning Fastener Co. of St. Catherine's, Ont., Canada.
tfTF. Soles, Chairman, said the plan calls for increasing the Talon
confmon stock from 1,000,000 shares, $5 par value, to 1,-200,000 shares
o¥"33ie same par value.
The stockholders of Lightning may receive in
[Volume 166
Sunback,
Lightning President,
directors.
Mr.
Of
will
be
THE
named
the
to
of
board
Talon
said
and
ftlso V. 166,
the
plan
that
had
approval
approval of the U. S. Department
the U. S. Treasury is awaited.
See
994.
p.
Gross
Net
Net ry. oper.
1946
1945
1944
$306,454
$282,088
$391,938
*1,057
*50,612
40,814
96,073
2,350
Gross
*5,020
.
"Deficit.—V.
,
3,052,448
2,658,350
2,922,628
3,746,210
277,954
255,170
573,168
ry.
166,
*112,081
p.
*131,013
196,438
402,943
of
3 Mos. Ended Sept. 30—
from
revenue
and
misc.
etc
Capital
148,120
407,131
3bU,286
the
100,000
100,000
2,126,000
1,842,000
2,370,000
$5,483,870
$4,249,886
$2,679,980
3,840,000
3,840,000
A
10 '/o
$1.11
$0.70
securities
ITEMS, SEPT. 30
liabilities
for
1945
W.
Net ry.
1946
1945
$171,976
$183,967
90,634
70,161
*6,195
from
18,131
57,709
41,528
*48,714
2,186,921
Net
from
Net
1,861,406
1,670,449
1,811,350
ry.
railway......
938,673
536,839
558,199
785,588
income...
•"452,832
223,748
282,525
460,845
oper.
"Deficit.—V.
|
166, p.
1525.
September—
Net
Net
railway
railway
ry.
earn
did
Net
ry.
1946
1945
by
the
as
owned
Barge
of
Truax,
its
entire
subsidiary.
in
an¬
on
the
carrier
common
has
rently
for
45
1932
and
have
first
and
Mi*.
six
pf
lost
$8,599,955
$10,710,561
1,567,831
2,171,818
of
ments
the
1,437,707
1,754,053
most
entered
Air
Lines and
jointly
by
Harold
sales,
charge of
traffic
The
75
the
air
plus
now
planes
business
has
of
New
cost
two
about
in
worth
said,
the
of
business
worth
this
of
year
we
rate.
The
contrasted
as
effected
Also,
the
com¬
company
with
cur¬
$5.28
per
1941.
76,157,635
92,632,094
100,398,580
25,880,984
14,825,986
35,964,083
44,551,198
10,619,058
10,377,462
11,094,277
Crary,
freight
carriers
World
and
has
Airways,
Vice-President
Lipscomb,
Pan
it
in
traffic
of
Vice-President
now
nationwide
and
shipper's
a
and
letter
customs
transfers
of air cargo between
Francisco-Honolulu
routes
San
American's round-the-world,
Alaska
at
shipper need prepare only a United
instruction, together with necessary
a
of
documents.
international
United
Pan
and
American
will
gateways.-
of
the
300's
according
to
last
of
United
Air
Oct.
on
23
9,506,815
J.
United—V.
A.
166,
Herlihy,
1621.
p.
1947—Month—1946
$1,907,986
expenses
228,747
2,286,073
Net operating
74,084
957,625
868,269
100,000
1,610,000
1,200,000
Gross
266
166,
3,316
$484,876
$4,838,697
$5,356,329
1,285
131
9,476
9,437
$545,961
$485,007
$4,848,173
$5,365,766
111,199
102.236
1,272,859
1,254,518
charges..
$434,762
$382,771
requirements for period
dividend
Current
Prov.
$4,111,248
865,050
865,050
Textron Inc.—To
Expand Tricot Unit—
A
new
quick-drying
drudgery
ize
the
On
Oct.
of
Textron-Tricot,
Op
to
turn
cated
out
quality
The
frith
the
a
meaning
fabric
and
finish
that
eliminates
developed and its impact will
business, Royal Little President,
newest
specialized
Textron's
of
from
which
produce
intimate
as
soon
knitting
women's
of
name
the
"After
is
at
value
the
has
been
The
at
such
On
at
the
machines
labor
and
and
tn
"certain
to
acquire
the
on
real
real
estate
estate,
that
ol
some
such
business
importance—V.
and
166,
in
which
the
further
166,
R.
I.,
expansion
to
held
Nov.
on
suggestion
was
make
share
with
1947
Exchange
$96,014,733
of
of
Co.,
the New
on
with
compared
as
that
at
York
Stock
the
book
indicating
date,
amount
net
a
un¬
$12,562,524.
Inc.,
its
the
put
construction
stock
common
from
$8
at
American
share
per
Water
through
Works
&
the
Electric
for
1,152
on
shares
cumulative
Oct.
($100
27
filed
par)
letter
a
common
of
and
Donahue,
preferred stock,
to be sold
Billings, Mont.
The proceeds
liabilities
and
of
notification
1,848
at
_
construction
in
The
cash
Dec.
16
of 62V2
holders
to
of
cpnts
record
paid.
was
directors
cash
also
be
have
approved
the
payment,
out
will
in
increase
the
the
equity
the
of
course
of
few
next
the
months
in
company
the
and
the
pay¬
to
The
directors
share
to
£>er share
of
Oct.
on
the
on
holders
issued
shares
group
EARNINGS
Months
Regular
Ended
the
Sept.
(INCLUDING
SUBSIDIARIES)
?Q—
operations—after
profit
Earns,
1946
$6,171,000
vessels
or
+385,133
$4,780,575
1,477,431
1,306,243
$5.61
test.)
$4,395,442
*2,157,000
(net)
shares outstanding Sept. 30
per share after provision
for
secondary
be
with
SEC
par)
($100
the
pfd.
$3.59
divs.
"Resulting from sale of securities and from liquidation of Oceanic
Navigation Realization Co., Ltd., of London.
JResulting from
used
for
record
30
Nov.
each quarter.
At
the
Consider
<in
of
an
special
the
share,
the
proposed
agreement
common
per
meeting
and
issuance
Sinking fund
of
the
and
purchase
entered
stock
of
sale of
not
debentures.
for
Oct.
on
of
in
See
Interest—
Dec.
8,
the
retirement from
Water
reduction
The
27,
Associated
capital
excess
also
1947)
in
of
V.
at
Sunray
not
$50,000,000
166,
p.
Oil
1,923,447
as
(1)
of
will
2.80 'v
$25
also
25-year
1828.
Tivoli Brewing Co.—Stock
The
directors
Oct.
on
29
declared
on
erties
a
dividend
of
On
the common stock,
payable Dec. 1 to holders
Together with the payment made on June
2, last,
of
50
year
cents
for
the
year
1947,
the
same
25
cents
of
record
this
directors
dividend
basis
also
amount
of
Sept. 1 and Dec.
per
as
paid
share
Nov.
makes
1946.
The
the
l^Va " cents
1.—V.
166
common
per
p.
60.
share,
stock
on
payable
a
1,
vessels
and
equipment.—V.
166,
a
regulatory
(2)
sell
such
in
The
011
the
American
in
of one
Light
lieu
To
of
the
All
prior
its
American
prior
Light
plans filed
&
Traction
with
the
SEC.
Co.
The
as
have
may
common
share
Light
jurisdiction
will
stock
and
stock.
Such
of Detroit
stock.
common
fractional
such
over
the
be
funds
by
retained
the
discontinue
pay
to be invested
provided
by
virtue
(a)
the
dividends
on
payment of
such stock
such
stock
for
each
distributions,
75
cash
shares of
shall
be
scrip.
or
and
(c)
and
without
from
the
be
line
integrated system
issued
to
others.
companies
at
and
senior
Construction
securities
funds
intervals
various
and
will
the
by American Light in the pipe line enterprise will
cash now 011 hand, (b) from cash accumulated
from
the
of
the
discontinuance
sale
making
of
of
stock
common
distribution
sold
or
Detroit
of
dividends
as
shall
also
be
for permission t<*
apply
Detroit
complete
Edison
its
Edison
American
by
0*
stock
common
of
bn
thn
in
distributed
not
the
upon
disposed
shall
as
investment
of
Light-
Dec.
of
American
Light
soon
as
practicable
as
after
expiration
of
of
to be made by American
Light.
American Light shall purchase at $33
per share (plus an amounf
to the unpaid accrued dividends) all shares of
preferred stock
equal
American
Light tendered to it for sale at such price within the
period immediately following the date the offer to purchase
effective.
The offer to purchase shall become effective on »
to be fixed by American
Light, which date shall be as early
becomes
date
practicable
after
authorizing
the
to
the
Commission's
purchase
not later
event
than
15
of
such
order
stock
approving
has
the
entered
been
days after said order shall
plan
and
and
in
any
longer be subject
no
judicial review.
(6)
To
provide
preferred
stock
the
cash
pursuant
Light
shall
insurance
be
to
to
in
used
purchasing
borrowed
is
companies
$7,000,000
aggregating $350,000 for
each
the
of
than
to
and
amount
than
$800,000 for each of
the
borrowed
is $10,000,000
aggregating $500,000
$1,000,000
for
be
borne
each
by
of
the
extent they
are
approval
(7)
the
of
As
soon
the
ican
be
distributed
Light.
Railways,
(8)
prior
preferred
and
Detroit
tions
of
made
by
transactions
(i)
For
1948,
its
of
for
be
to
the
subject
31,
offer
be
made
by American
Gas
and
Electric
stockholders of Amer¬
common
shall dispose of all shares 0*
Light held by it and all
received by it in distribu¬
1948,
of
to
stock of Madison
the
to
American
Madison
Light.
soon
Gas
this
In
connection,
following*
the
of
lieu
tender
its
practicable after
the
prior
contemplated,
Light
at
$12
of
directors
Light
common
share
per
stock.
of
preferred
Light
common,
such
distribu¬
In
shares
accordance
in
the
preferred
plan
scrip.
or
stock
with
stock
of
(or
such
Railways)
stock
for
lower
American
of
the
offer
to
be
of
shall
offer
common
as
basis
shares
approved
by the.
Railways has been called
price
the
on
five
each
has been
Railways
stockholders the right to purchase shares of
board
American
of
common
fractional
of
shares
company
as
redemption
share
one
Railways'
in
Light.
as
and
of
paid
that
American
As
Dec.
basis
shares
55
shall
sale
by
The interest rate
provisions thereof to
to the subsequent
years.
and
be
begin to pay dividends on such stock in common
Light.
Such dividends, as long as feasible, will be
Railways shall
for
made
four
terms
consummated:
the
on
each
cash
five
and
American
for
tions,
is
havn
first
quarter of 1947 (if possible) and during the year
shall discontinue the payment of cash dividends ort
quarterly
stock
shall
the
last
stock
common
of
shall
after
and
American
be
each
other
rata
stock
Edison
will
the
Railways
paid
to
common
borrowed
notes
of
In case the
notes shall have annual
the first five years and
the
more,
for
common
pro
amount
the
each
*
practicable
the
amount
maturities
and $700,000 fo»
succeeding four years.
or
herein
Commission.
as
Light becomes effective,
shall
and
fixed
for
the
case
annual
years
the
case
succeeding
notes
not
In
have
five
$10,000,000,
$400,000
maturities
the
In
years.
less
aggregating
shall
first
the
of
four
but
notes
the
each
succeeding
$7,000,000
maturities
its*
of
5, and solely for that purpose,
to $15,000,000 from banks or banks
be
selected
by
American Light,
such
up
less,
or
shares
paragraph
borrow
borrowing to be evidenced by 10-year serial notes.
(iv)
An
Light
the
of
of
its
be
fixed
share
one
common
stock of American
may
Railways'
of
the
by
American
stock
common
additional
shall
latter
of
shares
further
of
of
cash
dividends
Detroit Edison
application
to
the
on
common
stock.
To
Commission;
be
stock
common
this
stock
end,
offering of shares of common stock of American
by Railways to its common stockholders during-
made
of
part
1948
for
the
on
each
five
basis
shares
of
of
share
one
Railways'
American
of
Light
stock
common
out¬
standing.
Cash
(v»
(ivt
kind
stock
clause
to
(i)
a
result
this
of
the
of
payment
paragraph
of
the
and
by Railways from the sale of preferred and
American
Light pursuant to clauses (ii), (iii) and
the
sale
shares
of
applied by Railways
$25,000,000
as
received
of
from
be
Railways
by
pursuant
proceeds
and
ing
accumulated
in
cash
shall
bank
to
of
Detroit
the payment
Edison
and
Madison
its presently
of
Gas
outstand¬
loan.
(9) As soon as practicable after approval of the
plan by the Com¬
Raliways
shall
borrow
$28,500,000
from
banks,
insurance
companies or other investors by issuing 15-year serial notes (or other
mission,
obligations)
having annual
aggregating $1,500,000 and
from
the
date
the
of
maturities (or sinking fund requirements!
final maturity of $7,500,000 due 15 years,
a
The
notes.
shall contain appropriate pro¬
proceeds realized by Railways from
other than govermnent securities,
shall (after its $25,000,000 bank loan now outstanding has been paid,
in full) be applied to reduce the final
maturity of $7,500,000 to $1,500,000; provided, however, that the proceeds of any sale upon which)
Railways realizes less than $100,000 need not be applied to reduce the*
visions
notes
requiring that the net cash
sale
the
of
amount
any
its
of
investments,
said final maturity.
The funds borrowed pursuant to thinshall be used to redeem, at the voluntary redemption price*
all shares of Railways' outstanding prior preferred
of
applicable
thereto,
and to provide funds for the payment of the presently outstand¬
ing bank loan of Continental Gas & Electric Corp., a subsidiary hold¬
ing company in the Railways system, which loan, on Jan. 2, 1948, will
aggregate $8,946,700 in principal amount. In this connection, Railway*
stock
will
invest
Electric
$9,000,000
Corp.
(10)
sale
or
contractual
(11)
by
in
the
common
relations
system
between
shall
proposed
The
the
common
The
to
Gas
<&•
the
American
Light
system
and
th*
terminated.
be
be
restriction
limiting
(13)
Continental
Separate applications covering the senior securities to be
are
(12)
of
prior
Michigan-Wisconsin will be filed at
ties
stock
to enable
that company to pay off its bank loan.
to the time shares of American Light are offered
by Railways, all interlocking of officers and directors and all
At
Railways
dividends will be paid quarterly
Edison
In
shares
in
will
pipe
Light shall
shares
offer
(5)
acqui¬
which may be necessary, resources and credit of
be utilized to assist in financing the new pipe line
common
stock to be issued by the two pipe line com¬
companies
of
American
31, 1948.
A sufficient number of such shares may b»
sold
to provide
funds to meet the reasonably
foreseeable needs of
American Light and its subsidiaries
and such shares of Detroit Edison
as
may then remain shall be distributed
pro rata to the common stock¬
system.
needed
of
Light
paragraph
company
extent
The
common
stock of Michigan-Wisconsin and
to reimburse the treasury of America®
invested.
In
connection
with
such
sale,
used
so
Light to
Michigan-Wisconsin.
shares
for
to
1945,
will
the
or
number
enable
stock
reserved
ways'
panies
to
American
American Light will
be
1,
to
American
its
on
Detroit Edison Co.
basis
total
June
bodies
1948,
in
funds
additional
necessary
common
for
During
dividends
cash
those
the
subsidiary,
sitions.
of
in
its
proposes, in summary, as follows:
Light shall continue as a registered holding
owned
10.
regular quarterly
March
old
of
integrated gas utility system, which will include the
prop¬
by Michigan Consolidated, Milwaukee Gas Light Co. and
Solvay Coke Co., the properties to be owned and operated
an
be
placed
sale
by Michigan-Wisconsin Pipe Line Co. and by Austin Field Pipe Line
Co., and such additional properties as may hereafter be
acquired by
American Light or its subsidiaries with the
approval of such State and
paid
50-Cent Annual Basis—
and
amendment
an
Milwaukee
(3)
|
and
modified,
American
owning
Corp.
shares
exceeding
therewith;
connection
filed
plan,
Federal
stockholders
of
securities
company
have
for
into
Tide
of
United Light & Railways—Amended Plan Filed—
A.
mill.
called
sale
1526.
6%
L.
payment
declared a quarterly dividend of 30 cents
outstanding common stock payable Dec. 1,
7.
Previously, the company paid 25 cents
and
the
p.
of
shall have
authority, subject to provisions contained in
amended, for notice to the SEC, to purchase 011 the New
Exchange a limited number of shares of Detroit Edison
Stock
common
1947
taxes
$8,328,000
Liquidation of securities
Net
invested
stock, for stabilization purposes.
During the year 1948, American
net
Common
in
Underwriter,
par.
will
New Debentures to Bear 2.80%
,
York
that
fleet
an¬
9
a
construction
an order of approval of the Commis¬
Light shall proceed to sell 450,000 shares of
Edison. The net proceeds derived from such
Detroit
other
dividends
group
the
for
banks
from
American Light
the plan, as
company's
of
of approximately
$7,000,000 in
connection
with the
the remaining vessels of the new fleet of 40 cargo ships
contracted for witn the Maritime Commission.
These ships
delivered
such
outstanding.
resources,
ment
Tide Water Associated Oil Co.—Common
Stock Placed
On $1.20 Annual Dividend Basis—
a
for
Commission
Quarterly dividend
a
payable
24.
of
of
stock,
common
extent.
Thornton Lumber Co.,
Ravalli, Mont.—Files with SEC
The company
be
will
of
Michigan Consolidated
Light
(iii)
Steam
'
sale
(ii)
cents
should
company
business
the
to
receiving
upon
American
stock
stock
purchased 46,870 shares of American
the directors declared
28,
on
so
Immediately
common
Exchange
acquisition of
subject to mortgage, and
The directors demurred
would
Oct.
share
previously
publicly
1725.
p.
exchanged
This compares with 50 cents each
paid on June 12 and Sept 2,
each on March 10 and
April 30, 1947.
A 10'« stock dis¬
tribution was also made on Jan.
15, last.
In 1946, a total of $1 per
is
830.
p.
O.i
per
company.
transaction
a
subsequently
$316,072
corporations had an indicated market
$108,577,257 based upon last quotations at
of
needed
are
to issue and
Michigan Con¬
shares for
authority
$100)
purchase
to agree to purchase such notes
upon substantially th*
conditions heretofore stated in the record of the proceed-1
therefor,
Light
25
controlling
meeting tc be
that the original
declared
80interest"
an
ground
$694,316
United States Lines Co.—Common Dividend Increased
and
they would be willing to invest ,-up to $1,000,000"
this corporation
developed later into a suggestion for the transfer
of
stock
on
1947 the corporation
Works
which
from
that
men
2,981
"20,368
3.
machinery are available.
shipping
operations
are
stockholders'
management
realty
71,755
14,320
42,000
of
Sept. 30,
on
Curb
appreciation
6,
stocks
1947
York
investments
Oct.
Dec.
Greenwich,
management of the company on Oct. 29
replied
nounced plans of a stockholders'
committee to elect a
directors
30,
business
New
realized
set
term
The
The
Sept.
the
compli¬
Thompson-Starrett Co., Inc.—Replies to Group—
Of
65,936
15,312
53,000
dividend
in
have
(pur
to
fo*
noi*
share;
per
Pipe Line Co. shall have authority
and to issue
its promissory
borrowed; and Michigan Consolidated shall
$6,500,000
shares
investments
close of
and
announced
highly
cloth
East
plant.—V.
Of
$411,176
the
made.
Knitting,
finishing,
cutting,
sewing
and
Integrated within the East Greenwich
j
taxes
tax
8888,680
eliminating
Total
to
pa*
and
(vi)
sion
to
stockholders.
revolution¬
wear.
the
special
plant
a
additional
as
the
wear
equipped
operations,
knitted
comes
corporation has
the
latest
Tricot
contemplated
of
type
knitted,
women's
$411,176
—Payment for Ships Authorized—
machines
knitting
high
textile
lingerie
29.
Tricot,
income
income
exercise of rights received
Co., Inc.—V. 166, p. 610.
ironing has been
women's
68,207
than
Federal
income
Water
1
*1945
$816,572
expenses
other
for
Net
of
$3,575,314
1620.
p.
1946
$670,113
$1,025,199
income
Taxes,
4,772
$544,676
income
Pref. stock
302
revenue
income
etc.,
ings;
Co.
(net)...
income
Enterest,
2,215,877
120,000
approp.
1947
$1,025,199
146,459
Total
shall
stock
time, as funds
pipe line, Austin Field
the
at
authority to purchase
Austin Field Pipe Line Co.
of
Co.
common
evidence funds
and
years
Sept. 30—
Interest
7,902,025
90.740
res.,
Corp.—Earnings—
Income—dividends
$17,547,272
9,665,284
of
Other
V.
710,197
273,255
limited-term
investments
Net
1947—12 Mos.—1946
$1,598,206 $19,360,995
879,049
taxes
Prop, retir.
to
more
3 Months Ended
Line
its
authorized
annual
Federal taxes
Amort,
notes
and
Lines'
order of 35 four-engined
by the Douglas Aircraft Co.,
Vice-President in charge of operations of
made
was
Pipe
of
issue and sell
Light, whiclk
cash
for
have
stock
time to
up
American
Douglas Contract Comoleted—
Delivery
Texas Power & Light
Co.—Earnings—
Other
From
proposed
borrow
in
shipment
and
Pan
on
system.
provides that
agreement
shall
to
to American
shares
30-day
through
permits
American
United
Onp.ntinoOperating
(v)
for
announced
was
charge
American's
agree¬
signed
Field
shares
its
holders
express
been
sales.
United's
on
United's
G.
and
air
scheduled
American
Consolidated
such
which shall have
authority
the par value thereof;
at
(4)
United
$5,250,000.
mail
interline
by
Pan
hundreds of points
Latin
Mainliner
83,384,372
into
Willis
agreement
handle
*1,157,771
and
cities
and
extensive
ever
United
4,453,137
908,597
Period End. Sept. 30—
Operating 'revenues
Austin
29,975
cash
$3,200,200."
to
ton-mile
in
The
61.8 %.
$64,948,159
Patterson
amount
of
increased
$19,363,119
months
per
$1.09
12.
cents, according
up
did
will
Dec.
price
gone
volume
costs
increased
cents
have
did
business
an
construction
the- company
increase,
year
5.6
to
The
year,
of
the
this
of
added:
today's
other
mile
a
salaries
United
date
a
mile.
Rising costs
transportation system
air
the
and
All
cent
cents
who
year,
1941
worth
receives
5.1
handle
Last
effective
sound
a
$1,086,961.
asked
in
to
In
which
Sought
(par $14)
purchase
shares of common
to
President.
a
25
to
solidated,
the
be
company
offer will
the
A
"Deficit.—V. 166, p. 1525.
I
the
authority
stock
common
authority
outstanding from the holders thereof at $100
be
an
one-half
President,
much.
earn
for
from
wages
as
seeking
consular
1944
$8,139,987
income...
oper.
stockholders
1828.
p.
Board
pre-war
needed
$30,179,300
pany
—
railway
railway
from
last
to
Before
Airbill
2,454,934
from
its
conditions
H.
operates
averages
$598,050.
economies
The
$9,363,317
income.._
oper.
From Jan. 1
Gross
Net
1947
from
from
Stock
air
fares, which still would leave them 5%
is asked in a tariff filed by this corporation with
while
times
business
and
Texas & New Orleans RR.—Earnings—
Gross
Stockholders
wholly
a
filed
A.
166,
to
Co.,
and
now
Patterson,
the
and
railway
Offer
offer
be
to
increase
proportion.
One
From Jan. 1—
Gross
to
Barge
maintaining
the
61 %
three
to
1944
$215,333
72,565
income...
oper.
thereof;
Michigan
(iii)
Signs Agreement With Pan American Airways—
1947
railway
railway
value
in
1941,
for
A.
same
$213,076
.
from
1,832,652
terms
Co.
increase
ton-mile
from
1,367,703
will
the
Aeronautics
"Since
soared
to
1946
$40,804,609 $31,679,232 $30,716,517
46,352,202
35,730,075
34,097,201
10,406,226
8,006,744
10,527,190
assets
September—
"489,276
(iv)
according
in
need
to
Texas Mexican Ry.—Earnings—
Net
and
construction
contingencies
3,246,829
2,866,217
3,595,042
surplus
39,918,034
33,799,050
13,308,711
"Current assets does not include
inventories of supplies above ground
Or materials and supplies.—V.
166, p. 1259.
Gross
have
planning
increase
than
Civil
the
Earned
}
shall
Co.—To
Central
Barge
proposed
3,840,000
$1.43
1947
Reserve
2,270,553
sell
is
waterways.—V.
lower
SELECTED BALANCE SHEET
"Current
1,730,734
United Air Lines, Inc.—Rise in Passenger Fares
$5,658,386
164,265
100,000
outstanding
S.
285,714 shares of its
"374,998
terms
6,763.282
share
Cash and U.
3,934,341
"365,271
Coal
in
later,
has dictated
per
Current
inland
1945
4yb,ty0
foreign income taxes—
shares
f.
1946
195,135
profit
Earnings
3,639,612
1525.
p.
statement
future
8,401,495
Amortization
Reserve for contingencies
Net
153,735
13,806
sales
Depreciation
Federal and
193,175
17,943
"191,750
company
Central
$13,800,220 $11,173,711
depreciation,
61,258
"42,054
926,026
166,
interest
nounced
1947
sulphur
income
Profit before
*30,514
3,265
Subsidiary—
The
stock
registration
1725.
Texas Gulf Sulphur Co.—Earnings—
Gross
17,251
cash
near
[
(1) From time to time as funds are
needed for the construction of
proposed pipe line, Michigan-Wisconsin
.shall have authority to
issue and sell up to
250,000 shares of its common stock (par $100) to
American Light, which shall
have authority to purchase such share*
for cash at the
par value thereof;
(ii) Michigan Consolidated shall have
1944
$375,574
income—
oper.
49
its
1945
$298,879
railway
"Deficit.—V.
976,033
income.._
oper.
1946
(1933)
$93
railway
Truax-Traer
railway
railway
from
ry.
RR.—Earnings-
1947
50,242
income—.
from
Net
from
from
Net
From Jan. 1—
Net
CHRONICLE
$215,999
from
railway
Net from railway
Net ry. oper. income
Net
$339,686
40,091
railway
railway
Gross
Gross
I947
from
from
FINANCIAL
From Jan. 1—
Tennessee Central Ry.—EarningsSeptember—
&
September—
the
of
COMMERCIAL
Toledo Peoria & Western
*
Soles
Justice
j
Number 4645
and
shall
or
about
expenses
time
the Commission's order of Nov
dividends which
terminated.
of
be
the
sold.
and
contained in
amounts
stock
fees
issued
issued
such securi¬
connection
in
subject to the jurisdiction of the Commission.
may
with
be
the
28,
paid on Rail¬
plan
shall
be
Railways and American
Light will pay such lees and expenses incurred in connection with the
plan as the Commission may award and determine shall be paid by
those companies.
The
applicants
early
date,
enter
such
event
the
request
an
that
order
in
the Commission cannot, at an.
the plan in its entirety, that in.
separate
order, or orders, a»
case
approving
Commission
enter
a
50
promptly
as
American
Light
the
stock of Michigan-Wisconsin and (b) the prompt
Light of 450,000 shares of common stock of Detroit
possible,
authorizing (a) the immediate investment by
treasury funds now on hand of $4,000,000 in
sale by
from
common
American
COMMERCIAL
THE
(1934)
EARNINGS
(COMPANY
Edison.
1946
1947
U.
S.
Govt,
and
assets
Other
in
Gros3
22,257,844
Total
;
249,972
of
Dividends
....
debt discount,
prem. & expense
preferred stocks held by public—
on
399,762
15,168,538
"Special charge
Amortiz.
5,767,999
2,365,80o
16,746,842
Miscellaneous
Balance
-
&
General expenses
State, local, and miscell. Federal
Federal
income
CY1,637,066
809,475
99,466
other investments Crl,716,472
income from
int.
592,065
150,354
taxes
447,400
taxes
Interest
on
on
bank loans
■'Special
261,167
and
500,694
126,700
890,111
2,152,369
discount
debt
617,897
1,940,608
12,780,959
Amortization of
Cr23,252
255,549
22,510
Cr57,147
preferred stocks held by public—
on
Minority interest in consolidated net income of
Balance
United Light and Railways Co.:
from
Income
General
other
State, local, and miscellaneous Federal taxes
Federal
income
taxes
310,662
7,170
407,200
Interest
on
2,591,250
Interest
on
bank loans
Amortization
■'Special
of
discount
and
Consolidated
preferred
11,618,952
1,195,859
stock
11,884,605
1,195,859
NOTE—The
the
statement
for
and
revenues
which
Co.,
May
months
12
27,
1946,
for
&
the
Sept.
30,
Southern
portion
1946
Ohio
of
the
during which that company
meeting to be held on Nov. 20, the stockholders will
consider changing the name of the company to United Board & Carton
Corp., and on approving the proposed plan of additional compensation
for officers.—V.
166, p.
1829.
the
first
manufactured
time
and
Flexglass,
distributed
decorative
a
jointly
flexible
glass product
corporation and The
this
by
Mengel Co., will be sold in greater New York, Long Island and
Westchester, N. Y., through a distributor, the Royal Glass Works
Corp., Long Island City, N. Y., it was announced on Oct. 30.
With
Oct.
Royal
immediate
Glass
carrying a
is possible,
delivery
corporation
stock
the
and
handling
all
announcement
added.
Nov.
on
3
announced
announcement
prompt erection
Months
of
added:
"Arrangements
plywood
a
mill
and
it
have
is
been
made
expected that
U. S. Thermo Control Co.—Stock
Breen, New York;
jointly
by
for
the
antici¬
the
and
Harbor
from
offered
as a
Transfer
Registrar,
to
liabilities
of
was
The
prior
warrented
accounts
the
on
partnership
and
sale
1940
in
of
individuals
to
the
were
in
like
&
1940,
and
commercial
a
of
December,
All
of
the
assets
to
the
commence
mechanical
actual
refrigeration
Co.,
of
Armour
set up and
trucks and
trailers, and national
& Co., Cudahy
Packing Co., etc.
TmEtion? 'r°m itS inception P^cted Itself by patents
directors
share
on
the
on
Nov.
basis—"V
15,
Oct.
30
common
1947.
declared
stock,
This
the benefit of the
company
166, p. 1726.
a
payment
Dec.
represents
1,
an
1947,
to
increase
sales
companies,
period
goods
tax
1946
$2,204,528
$972,344
19,256
8,959
$981,303
company
taxes
868,000
355,000
$1,355,784
$626,303
I__
taxes
income
ended
earnings
which
31,
Aug.
of
received
those
included
not
are
from
foreign
companies for
the
the
in
p.
months'
above,
are
as
Co.
Stock Offered
—
$81,468
Period
Provisions for contingencies
Federal income taxes
pay off bank loans in the principal amount of $450,000,
and the
balance will be added to working capital and used for general corporate
purposes.—V. 166, p. 1726.
Extra—Changes Made in Personnel—
directors have declared
semi-annual
a
stock,
the
both
Dividends
paid
and
of
12
75
dividend of
cents
income
Frederick
will
common,
at
$2
meeting
a
5, 1947, at a special meeting to
proposal to postpone the annual
in March.
advisable
now
stockholders
own
stock.—V.
common
;
from the third Wednesday
be
to
its
to
on
month
a
said
is
Wisconsin
per
Co.—Special Meeting—
Nov.
vote
166,
that
North
all but
1527.
p.
American
portion
small
a
Offered—H^l-
Stuart & Co. Inc. was the successful bidder Nov. 5
bonds, due Nov. 1, 1977, nam¬
ing a 3% coupon and bidding 100.2099%. Reoffering was
made Nov. 7 at 100.75% and accrued interest.
Other
bidders,
fixing
all
3'/a%
a
holders
to
&
Hall
102.011; Kidder,
Shields & Co.,
102.016;
Co.,
White,
Weld
Proceeds
the
sale
Co.,
&
101.979; Harriman
(Inc.),
Merrill
101.827;
Co.,
additional
bank
terments,
sale
the
from
of
$5,000,000
in
Louis
Treasurer.
of
meeting
a
and
Cardani
of
record
S.
was
Pedersen
shipping.
Fay
j.
the
of
P.
John
purchasing
Secretary, and Joseph
At
Dec.
was
of
board
elected
2.
of
the
common
loans
which
put
of
was
elected
of
Cuban
output
of
Water
the
Nov.
the
Nov.
the
4,
increased
This
20.
stock
&
93,849,000
kwh.
for
agent
principal
2030.—V.
1,
a
small extent, bus
prior to
Cash
distribution.
March
In
31,
June
to 50 cents per share on the common
the distribution today (Nov. 10) of a 100%
of $1 per share were made on
equivalent
and
28
payments
Sept.
25,
this year.
the following distributions were made:
50 cents each; and Dec. 27, $1.—V.
1946,
Sept.
27,
March 29, June 27
166, p. 1726.
Yale & Towne Manufacturing Co.—Earnings—
9-30-'47
9 Mos. End.
9-30-'47-
$713,282
$3,036;216
—Quarter Ended
3-31-'47
Net
from
earns,
$1,082,665
oper.-.
6-30-'47
$1,240,269
493
753
454
1,700
$1,083,158
$1,241,022
$713,736
$3,037,916
197,611
198,758
197,615
593,984
26,298
3.9,599
46,461
112,358
302,894
335,140
130,054
7G8.08 8
$556,355
$667,525
$339.C06
$1,563,48'6
$1.14
$1.37
$0.70
$3.21
received
Total
chargescharges
for
Federal
inc.
Net
and
166,
profits
Earnings
New Director Elected—
of
Porter
&
Porter
elected
Mr.
Sales
Taylor serve
Taylor also
Portland
Vice-President,
Taylor, of Noroton, Conn., senior partner of the law
&
Taylor, of New York City ,has been elected a
Carroll
F.
firm
director.
Vice-President
Dominican
share
per
York.
Cement
He
is
& Towne.
General Counsel and a director of Alpha
Pa., and of Hans Rees Sons, of New
of Atlantic, Gulf and Pacific Co.—V. 166,
as
Easton,
of
director
a
general counsel of Yale
as
serves
Co.,
1622.
p.
Yonkers Electric Light & Power Co.—Earnings—
properties of
Electric
the
for
Bankers Trust Co.,
April
and to
gas
declared a dividend of 25 cents per sharp
stock, payable Dec. 4 to holders of record
directors
common
is
outstanding
stock
Co.—Weekly Output—
electric
Works
and
Inc.)
(previously
for
corresponding
week
of
1946.
interest
for
gold
debentures,
5%
series,
due
1829.
inc.
Fed.
1947—3 Mos.—1946
1947—12 Mos—1946
$5,184,765 $24,689,247 $22,878,547
and
15,170,688
and
Depreciation
528,000
722,081
564,000
805,363
2,446,000
3,321,217
$274,025
$470,204
$1,854,095
$4,001,700
1,730,782
1,454,831
83,393
52,279
307,189
150,000
180,000
198,230
695,000
861,000
716,847
690,945
taxes
(est.)
179,507
97,"600
$656,765
$669,480
$123,278
731
731
2,121
2,412
$658,886
$671,892
62,626
$135,667
94,966
297,652
341,785
$61,383
deductions
$134,936
$124,009
income
income
income
Income
227,844
283,500
44,000
—
Operating
Gross
2,907,127
438,071
$4,390,083
382,204
Maintenance
Non-oper.
Westchester Lighting Co.—Earnings—
Period End. Sept. 30—
$947,649
459,078
expenses
Depreciation
Taxes, oth. than Fed. inc.
New York, N. Y., has been appointed paying
p.
$1,039,256
Operating revenues
Operating
1947—12 Mos.—1946
1947—3 Mos.—1946
Period End. Sept. 30—
company
the week ended Nov.
increase of 10.29% over the out¬
Co.,
an
this
Paying Agent—
The
$1,000,000 from
the company's properties.
and extensions to
taxes
Galm was
Assistant Secretary.
directors
totaled 103,506,000 kwh.,
1947,
together with
bonds,
stock, will be applied to retirement of
incurred to finance additions, bet¬
were
Woodward Iron Co.—New Stock Receives 25 Cents—
On
on
Previously,
Edward F.
elected
a wholly-owned subsidiary, Harvey F. Phair, a
elected President of that unit.—V. 165, p. 1912.
West Penn Electric
1,
Peabody & Co., 101.931;
Ripley & Co., Inc. and
Fenner & Beane,
service and steam, in north central and northeastern
Wisconsin and an adjacent part of Michigan.
Among the larger cities
furnished with one or more types of service are Green Bay, Sheboygan,
Oshkosh, Wausau and Menominee.—V. 166, p. 1869.
Reserve
Vice-President
Corp.,
American
Boston
Pierce,
Lynch,
Corporation furnishes electricity and
Interest
regular semi-annual distributions of 50 cents each
stock, plus extra dividends.
In the current year, the
were paid: May 3, 50 cents; July 3, $1, and Nov. 3,
Adams.
as
charge
First
transportation
B.
Mr.
The
were:
coupon
Corp., 102.6322; Blyth & Co., Inc., Goldman, Sachs & Co. and Salomon
Bros. & Hutzler,
102.02; Glore, Forgan & Co. and Central Republip
Depreciation
Adams, who has been President of the corporation
since its organization in 1932, lias been elected Chairman of the board.
Arthur
Kirstein, Jr., Vice-President,
has been elected
President to
Maintenance
—
Taxes
of
1,897,247
12,441,216
1,635,007
2,498,000
3,636,726
8,789
10,976
25,237
$2,667,598
18,269
$282,814
$481,180
$1,879,332
$2,685,867
423,620
434,508
1,784,027
1,797,925
_
income
Income
deductions
1946
income
Net
"$140,806
$150,925
Gross
$46,672
$95,305
380,177
$640,145
621,900
200,000
$440,145
166,
$40,701
$361,234
$330,107
803.
p.
Young Spring & Wire Corp.
(L. A.)
Years Ended July 31—
sales
—
profit after charges and taxes-i-^-vEarnings per share
Net
railwayfrom railway
ry, oper. income—
from
Net
from
Co.—Earnings—
1945
1946
$3,689,650
1,137,656
$4,232,891
$4,617,889
1,591,220
720,303
1,501,168
407,781
1944
$5,120,838
2,261,135
772,212
ry.
31,329,311
44,867,275
5,637,925
7,253,437
17,328,136
37,875,413
14,189,441
2,693,326
3,258,489
4,847,841
5,187,228
income—
oper.
165,
28,172,991
railway
p.
1329.
Western Ry. of
from
Net
ry.
Alabama—Earnings—
1947
railway
railway
income—_
oper.
Gross
Net
from
from
ry.
railway
railway
income—
oper.
"Deficit.—V.
and
166, p. 1527.
272,712
$0.67
1947
(estimated),
(at
method) or market, $4,710,076; miscellaneous in¬
receivable, $44,959; accounts receivable from
accounts
postwar
$6,634;
$22,205;
1S46
1945
1944
$345,312
$321,632
$433,276
$456,43'7
69,440
38,604
166,418
24,383
25,582
"455,138
*45,878
40,444
refund of Canadian excess profits tax'es
plant and equipment (after reserves
property,
depreciation of $4,068,959), $6,652,747; garment hanger patents
cost, less amortization), $13,750; other patents and goodwill, $1;
deferred
charges,
$235,536;
total,
$17,992,189.
$2,000,000; trade accounts
bonuses, and amounts
(other than taxes on
income), $294,383;
miscellaneous accruals, $139,596; U. S. and Can¬
adian taxes on income (estimated), $946,620; reserve for compensation
insurance, $50,000; capital stock, without par value
(issued, 412,500
shares), $5,587,500; earned surplus, $7,235,670; less capital stoclj: in
treasury (3,842 shares at cost), Dr$147,533; total, $17,992,189;
LIABILITIES—Notes
$1,048,224;
withheld
therefrom,
from
Net
employees,
payable,
September—
Gross
1,440,105
$3.62
JULY 31,
$2,051,580; Dominion of Canada bonds (at cost and
$303,359; trade accounts receivable (after reserves
first-out
(first-in,
vestments
for
railway
interest),
BALANCE SHEET,
1947
1946
$34,721,921 $16,923,793
$100,000), $3,777,139; refundable Federal income taxes and renego¬
tiation
rebates
(estimated), $174,204;
inventories—at lower of cast
From Jan. 1—
Gross
-An-
of
691,955
-
ASSETS—Cash,
accrued
1947
from
(& Subs.)
nual Report—
$887,942
166, p. 803.
September—
Net
j
—V.
CONSOLIDATED
92,502
Aug. 10/47 Aug. 11/46
$2,324,688
$1,170,322
130,000
150 000
income
Net
Net
Gross
217,866
$738,539
record
of
18,
distributing
share
per
the
on
cents.
Net
Net
later
is
the
common
75 cents
share
per
3,539,880
553,881
$1,360,439
payable
Nov.
on
meeting date for about
A
of
made
common
following extras
50
Dec.
extra
an
dividend
payable
company
the
on
46,039
834,249
stockholders
held
Co.
shares
Nov. 28, 1947 to certain officers and
March 31, 1952.
The proceeds will be
general corporate purposes.—V. 166, p. 97.
Interest
West Indies Sugar Corp.—Increases Dividend and De¬
payable
to
bank,
accrued salaries,
wages,
$837,730;
accrued taxes
^
Extends Charter—
From Jan. 1—
Balance, income
additional
about
expire
$5,617,867
cents
jan
2,746
issued
to
Net
110
be
Warrants
Wisconsin Electric Power
Proceeds to be received by the company from the salfe of 2,500 shares
$5 preferred stock and 25,000 shares of common stock will be used
01
766,658
jan
profit
exceeding
will
for
and
(& Subs.)—Earnings—
~
used
Coffin &
—
Burr, Inc., on Nov. 7 offered 12,500 shares of $5 cumula¬
tive preferred stock (no par) and 75,000 shares of com¬
mon
stock (par 500).
The preferred stock was priced
at $100 per share and the common at $14 per share. Sell¬
ing stockholders will receive the proceeds from the sale
of 10,000 shares of preferred stock and
50,000 shares of
—V.
Operating
33,008
$122,772
West Disinfecting
490,476
196,652
'
Veeder-Root Inc.
1946
$48,460
62,387
Total
$1,227,951
1260.
not
warrant,
employees.
subsidiary
nine
$60,385
subsidiary
Net
166,
(how transferable) to purchase 7,865 shares of.
of one subscription right for each 16 shares held.
In
non-transferable rights to subscribe for warrants to pur¬
basis
on
addition,
101.777.
information
upon
the net
1947
$75,116
sold
expenses
Estimated Federal income
Net
inc.
English subsidiary
$808,283
Operating
—V.
1947
Federal
&
Western Pacific RR.
1947
stock
Wisconsin Public Service Corp.—Bonds
charges except divs.
expenses
Co.—Earnings-
—
1829.
p.
for $4,000,000 1st mortgage
revenues
°n a 25"cent <luarfcerly
Quarter Ended Sept. 3C—
1G6,
common
cents
5
18,904,093i
6.704,806
2,480,793
The company on Oct. 29 filed a letter of notification with the SEC
for1 warrants
to purchase
10,611 shares of common stock (par $5)
at
$2 per warrant.
Stockholders of record Nov. 17 will be given
1726.
p.
Operating
holders
of
2,604,104
Wilbur-Suchard Chocolate Co., Inc.—Files with SEC—
Harris
"Deficit.—V.
of
&
income
Operating income
Non-oper. income
quarterly dividend of 25
payable
P166V1°pS139? and PUtS thC St°Ck
Victor Equipment
Cost
authorized
166,
for the period
__
Net
the
Operating
Verney Corp.—Dividend Rate Increased—
record
issued
operations by that date.
change in its distribution
PURPOSE-The proceeds will be for
The
increased
from Brazilian sub.
Federal
Power
part
name.
trailer
piovide additional working capital.—V.
per
been
not
$2,223,784
Net profit
York.
composing the partnership had spent several
development and engineering research which
manufacturers
Swift
latter
New
transferred intact,
and
all
Partnership U. S. Thermo Con¬
January,
th,e cPmPany j^ade
to»
onl/
the
same
Co.,
were
same.
truck
engaging in actual
sells
220,000 shares of
share. Stock is being
—V.
of
Aug. 31—
credits
subsidiaries
Dividends received
was
was
organized
manufacture
units.
per
or§anized
partnership of the
a
operations carried
years
$2.50
Agent, Schroder Trust Co., New York.
The Commercial National Bank & Trust
succeed
Co.
Offered—George F.
speculation.
COMPANY—Company
patent
all
foreign
succeed
Oct. 28 offered
on
stock (par $1) at
common
0
Ended
Profit—after
continues
trol
stock have
common
Wayne Pump Co.—Earnings—
clares
the
2,373,570
i-ey,
The
pated production of this mill will be taken
United States Plywood."—V.
166, p. 1097.
and
additional
by 200,000 shares to 600,000 shares.—V.
and
,
1946,
to
going to press.
21,
the
stockholders
Oct.
stock
distribution,
acquisition, by itself and
Harbor Plywood Corp.,
through purchase and cutting rights, of more
than one billion feet of timber located in
Shasta County, Calif.
This
lIacL par^
remaining portion of the vast timber holdings of
the Walker family of
Minneapolis.
The
subscribe
to
time of
to
up
paragraph of the item appearing in the "Chronicle" of
(referring to rights to common stockholders) is erroneous.
27
Rights
Acquires Timber Rights—
The
second
the common.
United States Plywood Corp.—New Distributor—
For
The
sub¬
annual
244,778
19,876,962
7,311.279
income
oper.
The
in¬
Elec¬
a
ry.
be
Waukesha Motor Co.—Correction—
period
was
501,369
15,324,282
3,450,614
4,825,739
Net
chase
10,688,746
United Paperboard Co.—To Change Name—
the
Inc.—
The
ICC on Oct.
23
authorized the company to issue a secured
promissory note for not exceeding $999,972, payable in monthly instal¬
ments of $12,000 each until Jan. 20, 1948, and of $15,000 each on and
after that date, with interest at the rate of 4%
per annum,
to be
delivered
in
exchange for outstanding notes on which there is an
aggregate unpaid balance of like amount.
Brazilian
ended
of Columbus
expenses
sold
was
the
(approximately eight months)
sidiary.—V. 166, p. 1526.
At
Maryland Coach Co.,
&
follows:
10,423,093
471,066
$2,218,347,
776,055
289,20S
subscription' rights
Virginia
Note Authorized—
Estimated
■'Equivalent to reduction in income taxes resulting from refinancing.
tric
708.
p.
Washington
NOTE—Based
prior
on
Balance
cludes
166,
347,513
21,805,592
7,724,234
from .railway——
from railway———
2,920,939
$6,613,140
6,831
income
net
-V.
404,166
expense
107,500
requirements
4,832,647
Total
charge
Dividend
43,130
$9,294,926
250,224
499,999
debt
surplus
income—
oper.
$1,770,534
780,136'
From Jan. 1—
701,334
surplus
Total
ry.
1944
1945
1946
$2,162,748
822,216
2,500,000
832,411
stock
328,252
147,975
debentures
1947
$2,675,693
Net
506,789
taxes
Capital
Capital
9
investments
expenses
Wheeling & Lake Erie Ry.—Earnings—
September—
from railway
Net from railway—
Gross
130,000
__
On
subsidiary holding companies
$119,485
payable
Vice-President—_
McMains, Assistant Vice-President of the traffic depart¬
1947, has been appointed Vice-President ih charge
of employee relations, effective Nov
1.
He succeeds the late Ralph H,,
Kimball.—V.
166, p. 1622.
Net
accounts
payable
Reserve for contingencies
Accruals and reserves (miscellaneous)
13,061,988
26,046
expense
charge
Dividends
$194,529
207,300
LIABILITIES—
Current
359,200
452,414
debentures
Interest
$6,613,140
Dividend
155,208
1,304,094
Subsidiary Holding Companies:
Dividend
$9,294,926
26,739,706
4,837,802
750,057
343,263
908,209
long-term debt
on
919,786
(net)
income
Interest
25,819,920
1,070,366
208,203
F.
ment since January,
302,774
17,695
foreign subsid. cos., cost
Thomas
Gross
Earned
income
1,780,182
1,664,807
2,783,239
448,344
i
Investments
$955,447
1,001,494
700,233
809,631
1,217,267
2,859,276
——
(net)
Accrued
21,187,477
Operating income
receivable
assets
—
Other
Western Union Telegraph Co.—New
$1,159,474
obligations
accounts
Fixed
$
$
Total operating revenues
119,144,250 115,891,510
Gas and electricity purchased for resale
14,779,114
12,715,708
Operation
50,995,366
43,107,693
Maintenance and provisions therefor
7,543,563
6,419,830
Depreciation
7,439,764
8,953,507
State, local, and miscellaneous Federal taxes—
10,012,453
9,995,910
State income taxes
283,176
329,948
Federal income and excess profits tax
6,903,332
8,548,991
Monday, November 10, 1947
Aug. 10/47 Aug. 11/46
—
Inventories
Subsidiary Operating Companies:
CHRONICLE
CONSOLIDATED BALANCE SHEET
ASSETS—
Cash
Notes
SUBSIDIARIES)
AND
12 Months Ended
Sept, 30—
FINANCIAL
&
2,950,298
3,958,170
4,223,501
538,987
330,219
662,731
191,786
244,816
262,074
1,595,158
416,063
2,885,829
The
stockholders
resolutions
at
the
annual
existence
held on Nov. 5 adopted
and continuance of the cor¬
a further period of 30 years
meeting
providing for the extension
of the corporation for
from March 20, 1948.—V. 166, p. 1726.
porate
Volume
166
Number 4645
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(1935)
51
State anct City Department
BOND PROPOSALS AND NEGOTIATIONS
T
ALABAMA
Alabama (State of)
Supreme
Court
Upholds
tion
In?
in Ad Valorem Tax Exemp¬
The 1947 legislative act
crease
County, Teague Sch. Dist. attention to a 1947 amendment to
the banking law which allows in¬
(P. O. Fresno), Calif.
Bonds Voted
At an election vestment
in, housing
authority
held on Oct. 14 the voters ap¬ bonds
anywhere in the United
proved the issuance of $25,000 States provided such issues meet
construction bonds.
the same tests required of Con¬
necticut housing issues. The bul¬
Los Angeles County, Duarte
letin reads as follows:
Fresno
—
—
increasing State ad valorem tax
exemptions is valid and will apply
tQ this year's taxes, according to
School District (P. O.
a
recent "ruling t?y the Alabama,
Los Angeles), Calif,
Sec. 1008i (1947) subsection 3
Supreme Court. At the request of
Bond Voted
At an election
HOUSING AUTHORITY BONDS
Governor Folsom,
held on Oct. 22 the voters ap¬
an
advisory
The 1947 Legislature amplified
opinion
was
handed
down, in proved the issuance of $191,000
the law allowing investment in
which the high State tribunal held construction bonds.
Connecticut
Housing
Authority
that the State constitution is not
bonds so as to include bonds is¬
Monterey Copnty, Pajar o Union
violated by the act, which was
School District (P. O.
sued
by housing authorities
sponsored in the Legislature by
located anywhere in the United
Salinas), Calif.
Representative Paul Meeks and
Bond Sale—The $225,000 school States, provided such issues met
other members of the Jefferson
bonds offered on Nov. 1—v. 166, the same tests required of Con¬
County House delegation.
p.
1727 — were
purchased
by necticut Housing issues.
«Although the State constitution
Weeden & Co., of San Francisco,
Because of the large number of
sets up certain
requirements con¬ at
par, giving a net interest cost of such out-of-State issues outstand¬
cerning
taxes,
the
lawmaking about
2.085%, divided as follows: ing and the constant change in
body still has the authority to de¬
$108,000 as 2s, maturing $9,000 on them, it is impracticable to list
termine which
property is taxable Nov.
1, from- 1948 to 1959, and them in detail. Any bank consid¬
ahd which is
exempt, the court
$117,000 as 2!/4s, maturing $9,000 ering an investment in a specific
ruled.
on
Nov.
1, from 1960 to 1972. put-of-State
housing
authority
Effects of the new statute
—
may
be far reaching, in the opinion of
some county tax
assessors. Tusca¬
loosa Tax Assessor F. M. Shamhlin
estimated
county
it
would
much
as
as
cost
J. T.
Department's
Ad
Valorem and Land
Division, said
the full effect of the measure
will
not be known for several months.
Under
the
new
miscellaneous
radios,
act,
held
on
San Francisco
held
on
and
electric
incompetent veterans.
Also,
exemptions
are
mechanics,
and
San
farm
tools
tools,
used
$250 to
$500
by
for
County (P. O. Harrison),
Arkansas
Voted
Oct.
on
Bond
proved
the
election
an
the
voters
issuance
of
ap¬
$300,000
hospital bonds.
Franklin County, Ozark Sch. Dist
No. 14 (P. O. Ozark), Ark.
'
Bond
Sale
The
—
school bonds offered
on
$35,000
3%
Dec. 1, from 1949 to 1969, incl
of
Arkansas
(P.
O.
Fayetteville), Ark.
Bond Sale—The
tory building
successfully
ceeding 2%s
bonds
revenue
Oct.
on
not
as
sold
phens
Rock,
Dec.
on
Oct.
on
28—v.
Investment
3s.
as
1,
Dec.
1
and
from
in
order, at
par
any
Co.,
ex¬
166
Little
are
datec
mature
1949 to
inverse
Ste
of
The bonds
1947
Callable
oh
to the W. R.
31
serially
1977
CALIFORNIA
Costa
County, Oakley
Union School District (P. O.
Martinez), Calif.
held
on
proved
Oct.
the
construction
At
—
28
the
issuance
17
for
15, 1947. Denomina¬
Due on June 15, as
of
Santa
an
election
voters
of
bonds.
ap¬
$110,000
Clara
to
the
District
Sale—The
works
bonds
offered
on
Nov.
4
166, p. 1830—were purchased
by the First National Bank of San
a
basis
%s,
of
price of 100.123,
as a
0.66%.
Interest
Dated
M-N.
Nov.
Due
1,
on
Nov.
1, $100,000 in 1948 and $50,-r
000 in 1949. The legal opinion of
Orrick, Dahlquist, Neff, Brown &
Herrington, will be furnished the
purchaser.
The second highest
bidder
Co.,
as
was
the
American
Trust
San Francisco, for $100,000
%s, and $50,000
as
Is, at
100.093.
County (P. O.
Lauderdale), Fla.
bids will be
Bonds Sold—An issue of $3,000
of
1946
bonds was pur¬
water
Offering
—
received
Sealed
until
noon
10, by George C. White,
City Auditor and Clerk, for the
purchase of $1,500,000 municipal
hospital
building
Series of 1947.
$1,000
certificates,
Interest rate is not
at the Chemical
voters
of
will
yield
fire
special
a
Nov. 18 the
on
consider
$16,000
the issuance
truck
purchase
bonds.
1
the
At
—
election to be held
Lawrence County (P. O. Law-
suc¬
renceville),
Bonds
Not
III.
Voted—It is
stated
from
Syndicate Members—Associated
with
Halsey,
years ago.
Stuart &
Co., Inc.,
Ripley & Co., Inc.,
in
submitting the winning bid
were the following: First National
Bank, New York; Phelps, Fenn &
Co.; Mercantile-Commerce Bank
Silvis, III.
and Harriman
Township (P. O. Buda),
Bond Election
to be held
will
At
—
an
election
18 the
Nov.
on
consider
voters
issuance
the
of
$235,000 water works bonds.
Union, III.
Bond Election
be
to
held
At
—
Nov.
on
an
election
the voters
13
Bank & Trust
on or
upon
after Sept. 1, 1961,
payment date
interest
any
fixed
their
by
resolution
of
the
City
Commission upon giving not less
than 30 days' notice of redemption
prior to said date designated for
redemption. Rate of interest to be
in multiples of
and
the
V4
1/10 of
or
certificates
awarded to
the bidder
will
or
1%,
be
bidders
INDIANA
Hammond School City,
ceed
interest
5%
vocational
Cook County (P. O,
Bonds
Voted—At
election
Nov.
on
an
Chicago), III.
the
general
4 the voters ap¬
proved the issuance of the follow¬
ing bonds: $7,000,000 hospital im¬
provement
building
Oak
500,000
bonds;
Forest
The
approving opinion of Chap¬
& Cutler, of Chicago, and all
must
be conditioned as to
such
approval.
will be delivered to the purchaser
without charge.
No bid will be
received
for
less
than
certified
to
check
value
par
the
Bonds
election
Voted—At
on
Nov. 4
$500,000 juvenile detention home
proved
the
lowing
bonds:
the
issuance
of
general
the
fol¬
ment bonds.
2%%
of
the
bonds, payable
Treasurer
of
the
School
City, is required.
Rensselaer, Ind.
Bond
000
Offering
City
John R. Mer-
—
not
Clerk-Treasurer,
to
exceed
swimming
East St. Louis, III.
Offering Withdrawn
headed
Allen
and
York,
made public
3V2%
withdrawn
market.
tated
in
revenue
—
has
the
New
to
bonds—v.
temporarily
issue
This action
owing
of
September
offering of $9,400,000
1196
p.
The syn¬
both
Co.,
late
bridge
166,
—
from
the
interest
will
certified
to
interest
Dated
be
check
considered.
A
for
$750, payable
the City, is required.
IOWA
in the
Ames, Iowa
Sale—The
Bond
bonds
revenue
Sanitary Dist•
(P. O. East St. Louis), III.
Publicly Offered
4%
bonds.
1, 1947. Interest J-J. Denom.
$500. Due $1,000 on July 1, 1948,
and $1,000 on Jan.
and July 1,
from 1949 to 1955, inclusive. Rate
of interest to be in multiples of lk
of 1%, and not more than one rate
shall be named by each bidder. No
bid for less than par and accrued
necessi¬
was
the delay
abutting the bridge.
Bonds
pool
will
Dec.
by Shields & Co.,
&
which
—
The
$115,000
offered
on
sewer
Nov.
3
166, p. 1624—were purchased
by a syndicate composed of Shaw,
McDermott
&
Co.; Carleton D.
—v.
Beh
1958, and $7,000 from
Co., both of Des Moines;
Paine, Webber, Jackson & Curtis,
of Chicago, and the White-Phil¬
lips Co., of Davenport, as 2X/2S, at
a
price of 100.265, a basis of
2.459%. Dated Nov. 1, 1947. In¬
terest
M-N.
Due
serially from
1948 to 1967, incl. The approving
1961.| Principal and inter¬
opinion of Chapman & Cutler, of
Municipal Bond
Corp., of Alton,
is offering for investment
improvement
Jan.
on
1959 to
est
(J-J)
Trust
&
$75,000
bonds.
Dated
Denomination $1,000.
from 1950 to
the voters ap¬
for
the
receive sealed bids until 8 p.m. on
Nov. 28, for the purchase of $15,-
Due
Chicago, III.
of
000,000 voting machine bonds, and
Oct. 1, 1947.
ILLINOIS
approving
ritt,
3%
95%.
The
opinion will be furnished at the
expense
of the School City.
A
building improvement bonds; $1,-
by
Caldwell, Marshall,
Mitchell, of New York
whose approving opinion
Interest J-D.
1947.
bonds will be issued subject
$3,-
East Side Levee and
Trimble &
1,
$1,000.
Due
on
June
1, as follows: :$300,000 in
1948 to 1951, and $80,000 in 1952.
infirmary
legality of the certificates will be
approved
and
Denomination
bids
Voted—At
technical
school building bonds.
Dated Dec.
election
Bonds
Ind.
Bond Offering — Charles N.
Scott, Secretary of the Board of
Trustees, will receive sealed bids
until 9 p.m. on Nov. 18, for the
purchase of $1,280,000 not to ex¬
purchase by the city of property
recently issued
bulletin calling
village hall remodeling bonds.
to the
offering to purchase them at the
lowest rate of interest and to pay
therefor the highest price.
The
ment in Housing Bonds Amplified
—The State Banking Department
CONNECTICUT
000
held recently the voters approved
the issuance of $30,000 road bonds.
dicate
order of
$15,000,000 slum
clearance bonds;
$15,000,000 re¬
housing bonds; $7,000,000 voting
machine bonds; $1,500,000 police
department equipment bonds;
$500,000 fire department equip¬
Connecticut (State of)
Law for Savings Banks Invest¬
will consider the issuance of $10,-
man
bonds.
in 1958 and
$2,000 in 1959. Legality approved
by O'Melveny & Myers, of Los
Angeles.
a
to
Election
by W. F. Hensley, County Clerk,
1.10% to 2.25%, according to ma¬ that the report which
appeared in
turity. A group of Chicago banks, our issue of Oct. 27, to the effect
headed
by
the
First
Rational that $600,000 hospital bonds had
Bank of Chicago, was second high been
approved by the voters at a
bidder, offering, 100.93 for 2V4S. recent election—v. 166, p. 1727—
In third position was an account was
incorrect, since no hospital
managed by the National City bonds have been passed on by the
Bank of New York, which offered voters since the
approval of $275,to pay 100.609 for 2Y4S.
000 at an election held about two
Co., New York City. Certificates
maturing in 1963 to 1967 may be
called for redemption
and pay¬
ment at par and accrued interest
chased by the Bank of Tehachapi.
Dated Sept. 1, 1946. Due on Sept.
follows:
The
Illinois
Dec.
on
City,
Tehachapi, Calif.
as
Jan.
on
incl.
re-offered
at
Concord
maturity
$150,000 water
—v.
as
optional
1966
syndicate
prices
bond's
and in the inverse
Super¬
(P. O.
San Jose), Calif.
Bond
to
of Jacksonville.
or
Valley Water Con¬
servation
are
1950
Kewanee, III.
Bond
—
the
payable
visors, is required.
1,
Voted
Mallagh,
Nov.
on
for,
000 bonds
from
Trust Company; The Illinois
Company; Braun, Bosworth & Co.,
Incorporated; Blair & Co., Inc.;
Bonds Voted
At an election
Central Republic Company (In¬
held on Oct. 28 the voters ap¬
proved the issuance of $1,500,000 corporated); A. G. Becker & Co.,
Incorporated; Lee Higginson Cor¬
Districts Nos. 4 and 5 bonds.
poration; R. H. Moulton & Com¬
Canaveral Port Authority (P. O.
pany; Otis & Co.; C. F. Childs and
Canaveral), Fla,
Company, Incorporated; First of
Bond Election—At an election
Michigan Corporation; B. J. Van
to be held on Nov. 25 the voters
Ingen & Co. Inc.; William Blair
&
will consider the issuance of $1,Company;
The
Milwaukee
Company; Stern Brothers; Bacon,
365,000 revenue bonds.
Whipple & Co.; Julien Collins &
Jacksonville Beach, Fla.
Company; Kebbon, McCormick &
Certificate Sale
An issue of
Co.; Martin, Burns & Corbett, Inc.;
$100,000 electric revenue certifi¬ Mullaney, Ross & Company; The
cates was purchased recently as Wisconsin
Company; and Farwell,
2%s, by the Telfair Stockton Co., Chapman & Co.
Fort
Certificate
E.
Chairman of the Board of
numerical
and accrued interest
1953.
Bonds
bid
dated Dec. 1, 1947 and mature on
Jan. 1, 1967. Of the issue, $9,350,-
cessful
improvement bonds.
sewer
a
Tallahassee, Fla.
10%
bonds
syndicate headed by
Halsey, Stuart & Co., Inc., and
Harriman Ripley & Co., Inc., as
2j/4S, at a price of 101.0479, a basis
of about 2.151%. The bonds are
—
and
Broward
to
exceed
3%,
payable
M-S.
$4,000 from 1948 to 1960,
Denomination $1,000. Dated Sept.
$3,000 from 1961 to 1967, both
1, 1947. Due $100,000 as follows:
inclusive.
No bids for less than
Sept. 1, 1950 and 1951, 1953 to
par and accrued interest.
Princi¬
1955, 1957 to 1961, and 1963 to
pal and interest payable at the
1967. Principal and interest pay¬
office of the County Treasurer. A
able at the City Treasurer's office
certified check
for
incl
interest date after Dec. 1
Contra
June
1947.
un¬
1830—are reported to have been
Pi
p.m.
$1,000.
Jose,
$400,000 dormi¬
offered
fol¬
Nov. 3—
on
Rock, at par. Dated Oct.
Interest J-D, Due serially
University
3
legality of the issue.
Obispo),
Offering—A.
until
as
follows:
166, p. 1623—were purchased
by the Southern Securities Corp.
1,4947.
the
of
the purchase of $73,000 not to ex¬
ceed 5% interest building bonds.
v.
of Little
ap¬
County Clerk, will receive sealed
bids
Department
and
At
—
30
Luis
to the
Calif.
tion
Bonds
voters
Luis County, Nipomo Union
School District (P. O.
Dated
ARKANSAS
held
the
issuance
San
raised
household and kitchen equipment.
Boone
4
bonds.
and
on
Nov.
election
an
$28,850,000 street
construction
bonds;
$25,000,000
water department
bonds; $20,000,000 municipal railway moderni¬
zation bonds; $12,000,000 recrea¬
tional facilities bonds;
$5,000,000
parking
bonds,
and
$2,200,000
Market Street railway
refinancing
property exemptions from a maxi¬
mum of $2,000 to
$3,000 for deaf
mutes, insane, or blind persons
for
At
—
with the Banking
communicate
awarded to
Gilman, III.
Bonds Voted
At an election
held recently the voters approved
the issuance of $31,000 storm and
—
(City and County),
the
.
$500
ap¬
$105,000
Calif.
Bonds Voted
should
election
voters
of
bonds:
personal use.
The act also increases personal
$200
the
obligation
FLORIDA
construction bonds.
lowing
rem taxes when kept in homes for
to
30
an
issuance
proved
watches, clocks, jewelry and the
like, will be exempt from ad valo¬
-$100
Oct.
the
including
refrigerators, phonographs, pianos,
paintings, sporting equipment,
from $100 to
Voted—At
of
scores
items,
mechanical
Bonds
proved
Carlton, Chief of the State
Revenue
Yucaipa Joint School District
(San Bernardino), Calif.
in
rev¬
Interest M-N.
San Bernardino-Riverside Counties,
his
$1,000,000
assessments each year and a
enue loss of at least
3%.
Dated Nov. 1, 1947.
Chicago Sanitary District (P. O.
Chicago), III.
Bond Sale—The issue of $10,000,000 construction bonds offered
Nov. 6 — v. 166, p,1830 — was
1,
as
follows: $6,000
payable at the Harris
Savings
Said bonds
are
Bank,
Chicago.
the
District.
The
of
bonds
approved as to legality
ty Charles & Trauernicht, of St.
Louis.
be
the
furnished
Cherokee, Iowa
direct general ob¬
ligations
are
Chicago, will
purchaser.
Bond
Offering—Both sealed and
oral
bids
Nov.
10,
will
at
be
1:30
received
p.m.,
by
until
J.
A.
Cary, City Clerk, for the purchase
$80,000
street
improvement
of
52
THE
(1036)
bonds.
1, 1947.
Due
1, as follows: $4,000 in
in 1960 to 1963, and
$10,000 in 1964 to 1967. All bids
shall specify the rate of interest.
1959, $9,000
Principal end interest payable at
the Chy Treasurer's office.
Pur¬
chaser
to
furnish
the
printed
bonds
and
the
city will furnish
the approving opinion of
Stipp,
Perry.
Bannister,
Carpenter &
Ahlers
Dawson, Iowa
Gifering—Bids will be
Bond
re¬
ceived until Nov. 10, at 8 p.m., for
the
purchase
of
$7,500
water
works bonds.
Bonds and the ap¬
proving opinion will be furnished
by the town.
Address all bids to
ID. E. Lee, Town Clerk.
Brads Sold—An issue of $11,000
3% improvement bonds
was
pur¬
chased
recently by the Citizens
Savings Bank, of Gilman, at >a
price of 10x.59.
Interest payable
■M-N,
Bradbury,
County Judge, will receive sealed
bonds
offered
Oct.
on
30,
purchased by the Ida Grove
State Bank, of Ida Grove, as l%s,
at a price of 101.20.
The second
•were
highest
bidaer
<&
D/4S,
as
the
was
Savings
and Boistein State
jointly,
Arthur
Bank, Arthur,
Bank, Holstein,
at a price of
101.06,
Milford
Township Consolidated
been detached from the bonds and
cancelled, and the purchaser will
be required to pay only accrued
interest from Nov. 1, 1947, to the
030
Aug.
2b,
on
offered
$1,000 bond will be con¬
The County will furnish
the
printed bonds, and a legal
opinion of Peter, Heyburn & Mar¬
shall, of Louisville, and will pay
per
all
20
the
Nov.
&
3
Co.,
net interest cost of
price
of
102.2255,
1.524%.
Due
basis
a
Nov.
on
1,
Due
follows:
$3,000
Nov.
on
1,
Dated
1VI-N.
was
€00
•as
Ravenscroft & Co., for $100,-
l%s, at 101.90, and $200,000
l%s, at 102.225.
as
KANSAS
Election—At
•election to be held
voters
will
special
a
Dec.
on
2 the
consider the issuance
p£ the following bonds: $825,000
municipal
power
plant
bonds;
$195,000 fire station bonds; $25,€00
park
improvement
bonds;
$15,000
sewage disposal bonds.
El
Bonds
Authorized—At
meet¬
of
are
fered
cities
M-S.
authorized
an
issue of
$50,000 air¬
Bond
Bonds
held
on
proved
water
Voted—At
Oct.
the
27
an
the
issuance
election
voters
of
ap¬
$25,000
Perry School District, Kan.
to
Election—A'
be held
will
on
consider
an
the
voters
approval
'
$115,000 construction bonds.
improvement
offered
1728
Strpud
election
Nov. 24 the
p.
The
—
—
on
were
Nov.
of
&
p.
1399—
and
$43,000
The
1,
1947.
bonds
are
Interest
approved
as
The next highest bidder
Harris Trust & Savings
the
was
Bank, Chicago, Alex. Brown &
Sons, Blyth & Co., First National
Bank, Portland, Mercantile-Com¬
merce
Bank & Trust Co., of St.
Louis,
Lee
Higginson
Corp.,
Braun, Bosworth & Co., Inc., A.
Webster
Moore
000
as
W.
H.
Morton
Bank, Detroit."
thorized &Lan
ISsue
glection
was
received
bid
100.00
for
&
Purchaser to furnish and
pay for
legal
and the cost of
printing the ..bmdSv:>A certified
check £or«4^o£'the bonds, pay¬
able to order .lof th& City Treas¬
4sw?e.quired»
urer,
Meridian
Tbwhshfp School District
N'o? f (P:
p: Ldhsing), Mich.
$40,000 school
Bond tSale-rrThie
bonds
offfered 'brt 'Oct.
-
30
were
by»,;'Wjalter ^ J. Wade,
Ine^ n£vGrand:Rapids, at a price
of 100.077^ a net interest cost of
1.822%* as follctwsi $24,000 as 2s9
maturing $8*000. on July 1, from
1948 to -J9.50* nnd $16,000 as l%s,
maturing $8,000 in 1951 and 1952.
purchased
Dated
Nov.
1, 1947.,-,Interest J-J.
Principal
JjiUrM payable at
£alfk;
p£prising, Lansing. The
the
hiSh^t' Kdder
next
McDon-
was
ald-Mobre .& Cd.r" Tor
$40,000
2s, at.lQp,IQ£. %
an
non-callable
was
an
$6,245,000
as
tion
coupon
bonds
construc¬
at prices
to 2.90%,
revenue bonds of¬
;NovsrS^yer^ purchased
by S. R..Mvingstone & Co., of
Detroit, Klim?^ Lxneh & Co., of
fered
on
Cincinnati, "and McDougal & Con¬
don,
Chicago,
of
jointly.
Dated
Feb. 1, 1941. Interest J-J. Due Jan,
1,
follower $2,000 in
1952 and
1953, $6,000 4n-I954 and 1955, $8,000 in-1956 and 1957, $10,000 in
as
1958
to
Bonds
any
Co.,
and
McDonald-
a
net interest
197Q^a'ftd:: $19,000 in 1971.
maturing in, 1966 to 1971,
be
subject id redemption oh
interest datg
on, or
after Jan.
1,1952,
National
B8SSHT
bonds" wefe
dock &
Lynn, Mass.
Bond Offering — Daniel J. McArdle, City Treasurer, will receive
sealed
13
bids until
for
11
a.m.
on
Nov.
the
purchase of $430,000
coupon
city hall bonds.
Dated
Dec. 1, 1947.
Denom. $1,000. Due
Dec. 1, as follows: $25,000 from
,1948
to
1953
from
Nov.
1,
as
to
name
1957
a
subject
A
follows: $4,000
1948 to
tional Bank of Commerce in New
.
the
to
Pad¬
of
interest,
expressed in a multiple
V4 lof 1%.
Principal and inter¬
of
est
payable at the First National
Bank,
Orleans.
Legality to be approved
by Charles & Trauernichty of St.
Louis, Mo. These bonds will: be
Wayne County (Pi O. Detroit)9
Mich.
Bonds
Boston,
at
the
City
Legality to be
approved by Storey, Thorndike,
Palmer & Dodge of Boston.
or
Treasurer's office.
house
Sale
Voted—At the
gen¬
eral election, on Nov. 4 the voters
did
not ^approve
the issuance of
city-county
building
$8,000,000
bonds.
'
'
MINNESOTA
1
Holmes
City, Minn.
Sale—The
$25,000
Bond
bonds offered
on
Nov. 3
road
were
pur¬
chased
by the Alexandria State
Bank, of Alexandria, as 2s, at par.
Dated Nov.
1, 1947. Interest J-D.
serially from 1948 to 1962 in¬
The next highest bidder
Juran & Moody, for 2s, at
Due
clusive.
was
Webster, Mass.
The $60,000 bath
Note
Not
inclusive.
single rate
100.107.
—
MISSISSIPPI
notes
offered on Oct. 30,
purchased by Smith, Barney
& Co., of New York, as
iy2s, at a
1
were
price of 100.879,
1.32%.
Dated
a
basis of about
Nov.
1, 1947. Due
on
Nov. 1, from 1948 to
1957, incl. Principal and interest
(M-N) payable at the Merchants
$6,000
Bank
of
Boston.
Copiah County, Georgetown Con•
100.80.
j
Georgetown), Miss.
Bond
Legality
Approved
1
Trauernicht, of St,
Louis, has approved the legality of
$25,000 3 lk % school bonds.
Forrest
Bond
Mich.
July 12.
election
on
Nov.
the
Greenville
$45,000 build¬
ing bonds offered on Oct. 27, were
purchased by the First of Mich¬
igan Corp., of Detroit. Dated Oct.
15, 1947. Due $9,000 on Nov. 15,
the
Election—At
held
held
on
an
election
18 the'voter9
issuance
of
$350,000 county hospital bo.rids.
Bond Sale—The
bonds offered
1832
—
.
Municipal Separate
School District, Miss.
Bonds Sold—The
at
County (P. O. Hatties•
burg), Miss.
consider
will
Township School District
(P. O. Twin Lake),
No. 2F
proved
—•
&
Charles
to be
MICHIGAN
Dalton
;
solidated School District (P. O.
The
1950; $5,000 in 1951 to
1956; $6,000, 1957 to 1961; $7,000,
from 1948 to 1952. Principal and
1962 to 1966; $8,000, 1967 to 1969,
interest (M-N) payable at the Na¬
and $9,000 in 1970. Principal and
tional Lumberman's Bank, Muske¬
interest (M-N) payable at the Na¬
gon.
These are the bonds ap¬
166,
by a
The
Betroit.
sold
Stone, of Detroit.
inclusive, ancL $20,-i
1954
to
to
yield from 1.20%
ac¬
cording to maturity.
Denomina¬
tion $1,000.
Dated Nov. 1, 1947.
on
!
Mich,
Sale—The $181,000 water
Bond
will
highest bidder was Whit¬
ing, Weeks & Stubbs, for iy2s, at
issue of $140,000 2V2% and
sewer
1
(P. o.
'■'•
at par and,
Arnold, of New Orleans,
offering for general subscrip¬
3%
a$
,
£ Birmingham),
Moule
S.
&
tion
au¬
Oct. 6.
on
ih invqrsS Numerical order,
& Co., jointly, for
accrqed, interest. Prin¬
$2,288,13/4s, and $3,012,000 as 2s, cipal and Ihterest' payable at the
&
price of 100.07,
of 1.947%.
a
al
Co.,
Dougherty & Co., R.
Dickson,
Crouse
able at the- Manuiacturers Nation¬
in
legality by George M. Berry, of
Towson.
re¬
Bonds Offered for Investment—
are
6—v.
Co.,/ of Philadelphia,:
166,
by the Board
of
Weil
$2,000,000
purchased
1976,
second
in
series
1—v.
sold, all bids being
Rayville, La.
are
syndicate composed of the Guar¬
anty Trust Co., of New York,
plant bonds.
Bond
bonds
Sale
in
clu'sivd; - Rate'oTihtbrest to be ex¬
pressed in^'feult^frbf^ of 1%,
Principal and interest (M-N) pay¬
supply system
National
Due
school
to
both of New York.
Louisville, Ky.
Perry, Kan.
Nov.
Best
offer
needed.
port improvement bonds.
to
Nov.
2%s, and $3,775,000 as 2V2s, sub¬
mitted by a syndicate headed by
Blyth & Co., and Lehman Bros.,
The
buildings
$33,000
and
Dated
M-N.
Bidder
because in¬
terest rates were too high. Dated
Nov. 1, 1947. Due on Nov. 1, from
1952 to 1976, incl.
Interest rate
was
not to exceed 5%, payable
exempt
these
not
jected
issued for the purpose
where
on
were
acquiring various armories in
ing held recently the City Council
1,
1949; $528,000 as
13/4s, maturing $33,000 from
1950 to 1956, and $406,000 as
2s,
maturing
$33,000
from
000
(State of)
Board of
Liquidation of the State Debt, that
the $10,000,000
institutional im¬
provement, Series C, coupon or
registered bonds which were of¬
call.
Kentucky.
Inter¬
Bonds Not Sold—It is stated by
taxes and free from ad valo¬
in
1947.
Due serially on
L. B. Baynard, Secretary,
from
present Federal and Kentucky in¬
taxes
about
1, from 1949 to 1962 inch
Louisiana
Principal and interest (A-O) pay¬
able at the Liberty National Bank
& Trust Co., Trustee, Louisville,
Ky. Legality approved by Stites &:
Stites, of Louisville. These bonds
come
of
cost
Dated Dec. 1,
payable J-D.
Dec.
Louisville, is offering for general
subscription at a price of 104 and
accrued interest, the final block
of $250,000 31/2 % bonds of the $2,000,000
authorized
and
issued.
Denom.
$1,000. Dated
April
1,
1947. Due on April 1, 1972. Call¬
able in inverse order on any in¬
terest payment date on 30 days'
published notice at 104 and ac¬
bonds
a
est
interest
net
a
2.60%.
syndicate headed by The Bank¬
Bond Co., Inc., Stein Bros. &
Boyce, and Almstedt Bros., all of
rem
Dorado, Kan.
at
ers
be
Nov.
follows? $1,000 in 1950
as
$2j000v ffdjfr 1951 to 1962 in-
>
O.
Leary & Co., of Shreveport,
row,
A
to
1948
For $66,000 as 4s, ma¬
on
MASSACHUSETTS
1529—were purchased by Bar¬
p.
Bonds Offered for Investment—
stated
1965, and $1,726,000 as 2s, ma¬
turing $143,000 from 1966 to
and
25
Jena), La.
Bond Sale—The $150,000 school
bonds offered on Nov. 1—v. 166,
,
of
Union
1, $143,000 in 1948 and
1949; $2,288,000 as l%s, ma¬
turing $143,000 from 1950 to
cost
No.
District
(P.
of
date
Georgia,
Nov.
Consolidated
Parish
School
Kentucky
Military Department Armory
Corporation
are
Salle
La
approving opinion of Peter,
Heyburn & Marshall, of Louis¬
ville, will be furnished, by the
County.
to
of
Nov. 1,
opinion of Miller, Canfield,
Dated Oct. 1, 1947. Interest A-O.
interest
all
$4,300,000 public school bonds. For
$286,000 as 4s, maturing on
at
LOUISIANA
The
Commonwealth
Co., Chicago.
1968.
1957, and $8,000 in 1958.
crued
Coffeyville, Kan.
Bond
& Trust
$6,000 in 1949 and
1950; $7,000 in 1951 and 1952;
$6,000 in 1953; $7,000 in 1954;
$8,000 in 1955; $7,000 in 1956
.
—
Continental Illinois National Bank
follows:
in
purchaser
opinion of Chapman & Cutler, of
•Chicago. The next highest bidder
(P. O.
Campton), Ky.
W. L. Knuckles,
Jr., State Local Finance Officer,
calls for payment on Dec. 1, 4%
road and bridge refunding bond
No. 8, dated June 1, 1941, at the
69,000 21/4% public school build¬
ing bonds. Due on Oct. 1, as
as
1,
1947.
Interest
city will furnish the
with
the
approving
and $8,000 in
1967,
of
Nov.
The
&
Wolfe County
ing bonds. Due on Oct. 1, as
follows: $8,000 from 1959 to
1961; $9,000 in 1962; $8,000 in
1963; $9,000 in 1964 and 1965;
$10,000
in
1966;
$9,000
in
as
1948; $4,000 from 1949 to
1951; $5,000
from 1952 to 1962, and
$6,000
from 1963 to 1967, incl.
Bank
Co., New York City.
Call
Corp.,
1977.
on
Hanover
&
Baltimore, National City Bank, of
Cleveland, Tripp & Co., of New
York, Detmer & Co., of Chicago,
and Breed &
Harrison, of Cincin¬
nati, at 100.06, a net interest cost
of 1.91928%, as follows:
bonds.
L.
Central
Trust
about 2.235%,
$86,000 2 V2 % public school build¬
1963 to 1967, all inclusive.
100,000 District No. 1 bonds, at a
price of 101.91, a basis of
1.556%.
the
Bond
a
follows; $6,000 in 1948; $8,000
in 1949 and
1950; $9,000 in
1951 and 1952; $10,000 from
1953 to 1962, and $12,000 from
Nov. 3, were
follows:
follows:
$200,000 District No. 2 bonds, at
on
reve¬
166,
by
a
Bank, Nashville, Mackubin, Legg
&
Co., Mead, Miller & Co., of
turing
Knuckles, Jr., calls
Dec. 1, 5% road
and bridge refunding bonds, Nos.
53 to 60, dated March 1, 1941, at
purchased by W. L. Lyons & Co.,
Louisville, at 102.50 giving a
voters
vierloo, Iowa
Sale—The $300,000 bonds
at
public
auction
on
were purchased by
Quail
01 Davenport, as 13/4S, as
$155,000
5—v.
purchased
delphia, Hornblower & Weeks, of
County (P. O.
payment
Nov.
New York, Trust Co. of
of
Atlanta,
Commerce
Owenton), Ky.
for
The
—
on
New York, Stroud & Co., of Phila¬
1966
Owen
e
Securities
Ed.
of
as
Webster
Bond Call—State Local Finance
Sale—The
bonds offered
on
public, building bonds. Dated
$5,300,000 NovfTr 1947: DfenbW '$1,000. Due
Co., of Philadelphia, Glore, For¬
gan & Co., Union Securities Corp.,
Goldman, Sachs & Co., Stone &
1, 1945, at the Lincoln
Bank & Trust Co., of Louisville.
County (P. O. Hopkinsville), Ky.
Bond
payment
1
000 not to exceed 4%' ihterest cou¬
pon
syndicate composed of Drexel
dated Dec.
County Treasurer.
R
.•offered
with
bonds are a part of an authorized
issue of $70,000. Enclose a certfied
check
for
$250 payable to the
nue
for
a
1624—were
p.
Dec.
—
calls
S
10, 1947
tl^ptiTchase of $25,-
Nov. 10 fdf
Maryland
Bond
bonds offered
1, electric and water works reve¬
nue refunding bonds, Nos. 6 to 70,
the issuance of these bonds. These
will consider the issuance of $40,•000 gymnasium bonds.
Bond
connection
in
expenses
MARYLAND
1976, and $153,000 in 1977.
1,000,000 public road and bridge
Morgantown, Ky.
Call
City Clerk
Bond
Smith
MoMa^i^fovember
Baltimore County (P. O. Towson),
to
037.
sidered.
on
purchased
Nov.
1950
Officer W.
Stuart Sihool District, Iowa
Bond Election—At an election
to be held
delivered and
Christian
by the
State Bank & Trust Co., of Neva¬
da, as I72S, ai par.
Due on Dec.
1, as follows: $1,000 from 1947 to
1949, arict $3 000 in 1950.
was
are
No bid for less than $1,-
Bonds Sold—An issue of $6,000
bonds
17 for
period of
thereafter
at
par.
The
coupons
on
said
bonds payable Nov. 1, 1947, have
Nevada), Iowa
construction
Nov.
on
purchase of $5,000 2V2 % court
house revenue bonds. Dated May
1, 1947.
Interest M-N.
Due on
May 1, 1961. Callable on and after
the fifth year from the date of is¬
sue
at 103 for a period of five
School District (P. O.
,
a.m.
the
Indep. Sch. Dist., Iowa
Sale—The $30,000 build¬ paid for.
Boinl
Trusi
Bond Offering—C. P.
bids until 10
CHRONICLE
1953; $35,000 from
1954 to 1957; $40,000 from 1958
to 1962; $45,000 from 1963 to 1966;
$50,000 from 1967 to 1970; $55,000
in 1971 and 1972; $230,000 as 2s,
maturing $55,000 in 1973 and 1974;
$60,000 in 1975 and 1976, and
$820,000 as 2Vis, maturing $65,000
in 1977 and 1978; $70,000 in 1979
and
1980; $75,000 in 1981 and
1982, and $80,000 from 1983 to
1987 incl. Dated June 1, 1947. In¬
terest J-D. Principal and interest
payable at the Chemical Bank &
Trust Co., of New York City. The
next highest bidder was a syn¬
dicate composed of Phelps, Fenn
& Co., Stone & Webster Securities
Corp., Paine, Webber, Jackson &
Curtis, Equitable Securities Corp.,
Reynolds & Co., National State
Bank, Newark, William Blair &
Co., J. G. White & Co., Wm. E.
Pollack & Co., J. C. Bradford &
Co., Blewer, Heitner & Glynn,
and Thomas & Co., for $1,600,000
as 2s, and $400,000 as 2Vis, at 100.-
County (P. O. Shepards~
ville), Ky.
date the bonds
Grove
'
from
Knuckles, Jr., calls
for payment on Dec. 1, 4% road
and bridge refunding bonds, Nos.
35 to 38, dated June 1, 1941, at
the
Citizens
Fidelity
Bank
&
Trust Co., Louisville.
years; thereafter for a
five years at 102; and
Gilman, Iowa
J"
ing
Bond Call—State Local Finance
Officer W. L.
Bullitt
FINANCIAL
Bank, of Louisville, at a
price of 100.001, a net interest cost
of 2.0742%, as follows: $950,000 as
l%s, maturing on June 1, $30,000
(P. O. Jackson),
Kentucky
of Des Moines. A certified
check for 2% of the bonds bid for
is required.
Ida
Breathitt County
&
tional
KENTUCKY
Dated Nov.
Nov.
on
COMMERCIAL
were
on
1
'
!
$135,008 school
Nov. 4—V. 166, p.
purchased
by
the
First National Bank, of
Memphis,
Commercial
National
the
and
Bank, of Greenville, jointly, at a
net
interest cost of 2.11%.
Nov.
Dated
1, 1947. Due serially on Feb.
1, from 1948 to 1967 incl. The pur¬
Garden City, Mickt. ': '
J chaser will ,be furnished; with the
Bond
Offering -^-'Douglas F.
obligations; of the tbymj
Donald MacKinnon. &.
Co.} all of; secured by and payable from un¬ Waddell, City Clerk, will receive! approving opinion of Charles &
New York, and the Liberty Na limited ad valorem taxes.
Sealed' bids until 8 p.m; (EST) on Trauernicht^ of St. Louis.
;
4
Forgan & ..Co.,!' Tucker J
Anthony &■. Co., ,R. D. White & Co.j direct
Glorq,
,
Volume 166
MISSOURI
498 and
Bethany, Mo.
Bond
Election/— At
voters
of
a special
dri Nov. 25 the
held
election to be
will consider the
issuance
$100,000 municipal and water
plant, bondsA ~
power
Cabool, Mo.
Bonds
THE' COMMERCIAL
Numte?,4645
Approved—An
issue
2292, dated Nov. 1, 1941,
maturing Dec. 1, 1972. The bonds
redeemed at the price of
par and accrued interest to Dec.
1, 1947, plus a premium of V/2%
will be
of
the
of
office
Trust
of
the
sentation
by Charles, ^ ,Traucrnicht, of St.
bonds.
..1947,
Bonds Voted
election held
-
At the general
—
Nov. 4 the voters
on
Kansas City, Mo.
Toted —At
election
general
a
Nov. 4 the voters ap¬
on
the issuance
proved
general
of $35,561,000
improvement bonds, and
$6,000,000 airport revenue bonds.
Linn County
Bond
to
will
R&Oi JLinneus), Mo.
Election
be held
on.
—
At
an
election
Nov. 18 the voters
consider
the
issuance
of
$400,000 county hospital bonds.
St.
Joseph, Mo.
Bonds Not Vqted—At the gen¬
eral election
did
not
on
Nov. 4 the voters
the issuance of
memorial building
approve
$1,250,000
wac
bonds*.
MONTANA
Great
Falls, Mont.
Bonds Voted;,— At the general
election
on
and
Each
proved the issuance of $1,300,000
sanitary and storm sewer system
revenue bonds;
Montana (State of)
bonds of¬
Oct.: 31—v. 166,
p.
1625
purchased by a syndicate
composed of John Nuveen & Co.,
•—were
C. F.
bond
Offering
such
surrendered
York
purchaser.
Haddon
Township School District
(P. O. Camden), N. J.
Bond
Childs & Co., both of Chi¬
\Blair & Co., Inc., Stern
Bros.-& Co.jr of Kansas City,
Boettehei* '&*r Co.,
of
Denver,
cago,
—
Charles
R.
Election
election
to
be
Pending—At
held
in
the
an
near
future the voters will consider the
issuance
of
$475,000 construction
Brunswick, N. J.
Offering—John L. Snitz-
ler, City Treasurer, will receive
sealed
bids
until
10
(EST)
on
Nov. 18 for the purchase of
$740,000 not to exceed 6% inter¬
est coupon or registered
bonds, as
Dated Nov. 1, 1947. Inter¬
Denomination $1,000.
Due $5,000 on Nov. 1, from 1948
to 1952 inclusive. Rate of interest
and must be the
of the
M-N.
est
to
in
be
multiples of
Vs
or
one-
twentieth of 1%, and must be the
for all of the bonds.
same
and
pal
interest
Audubon
payable
a.m.
National
Bank,
same
for all
bonds.
340,000 emergency housing bonds.
Due on Dec.
1, as follows:
$22,000 from 1948 to 1952; and
$23,000 from 1953 to 1962,
both inclusive. The bonds
Princi¬
at
ma¬
turing in 1953 to 1962, will be
redeemable
prior
to
their
the
Audu¬
The purchaser will be fur¬
nished with the opinion of Haw¬
stated
kins, Delafield & Wood, of New
York
City, that the bonds are
valid and legally binding obliga¬
tions of the Borough. A certified
check
for $500 payable
to the
Borough, is required.
1, 1952, or on any interest
payment date thereafter, at
the price of par and accrued
bon.
Offering
interest
2
p.m.
purchase
on
Nov.
R.
M-N.
Due
000
on
in
Denomination
Nov.
1948,
$1,000.
1, as follows: $80,and
1949 to 1955 incl.
to
be
$110,000
from
Rate of interest
the
bonds
valid
are
Delafield
City, that
legally
and
binding
obligations
of
the
Borough. A certified check for
$2,778 payable to the Borough, is
required.
&
000
in
date
of
be
redeemable
prior
to
maturity.
for
same
all
the
of
bonds.
Asbury Park, N. J.
Bond Call—Mary E. VaccaroMartin, City Clerk, announces that
the city has elected to exercise its
Option to redeem, and does here¬
_
by call for redemption on Dec. 1,
1947, $1,795,000, 3y2%, refunding
general and revenue bonds, Nos.
serially
on
Nov. 1,
from 1948 to 1962 incl.
146,000 refunding of 1948 bonds.
Due serially on Dec.
1, from
1950 to 1957 incl.
25,000 emergency housing bonds.
Due serially on Nov.
1, from
1948 to 1952 incl.
Dated Nov. 1, 1947. The opinion
on
Jan.
1,
fol¬
as
1955 and
and
1956; $2,000 in 1957
1958, and $1,000 in 1950
and
1960.
Dated Jan. 1, 1948.
Interest J-J.
Denomination $1,000. Registerable
as
to
principal only. Principal and
interest payable at the City Treas¬
urer's office, or at the Chase Na¬
tional Bank, New York
City. The
purchaser will be furnished with
Principal and interest payable at the opinion of
Pershing, Bosworth,
the Burlington County National Dick
& Dawson, of
Denver, that*
Bank, Medford.
The purchaser the bonds are valid and
legally
will be furnished with the opin¬
binding obligations of the City. A
ion
of
Hawkins,
Delafield
& certified check for
5%
of the
Wood, of New York City, that the amount
bid, payable to the City,
bonds are valid and legally bind¬ is
required.
ing obligations of the Board of
Bernalillo County (P. O.
Education. A certified check for
Albuquerque), N. Mex.
$500 payable to the Board of Edu¬
Bond Offering—May
cation, is required.
Cleghom,
County Clerk, will receive sealecl
Trenton, N. J.
bids until 3
Bond
Offering
City
Burns,
—
Thaddeus
will
Clerk,
sealed bids until
11
a.m.
J.
receive
on
Nov.
18, for the purchase of $1,445,000
not to exceed 6% interest coupon
or
registered
divided
bonds,
as
follows:
$725,000 emergency housing bonds.
p.m. on Dec. 2 for the
purchase of $1,000,000 not to ex¬
ceed
tion
3% interest general obliga¬
hospital bonds, Dated Jan. 1,
1948.
Interest J-J,
$1,000.
Due
$40,000
from
Denominations
Jan. 1,
on
1949
as
to
follows:
1954;
$70,-
000 from 1955 to 1964. and
$60,000
in
1965.
Principal and interest
Due
$25,000 from 1948 to 1962, and
payable at the office of the County
Treasurer. The bonds will be
ap¬
and must be the same for all
$35,000 from 1963 to 1972,
proved
of the bonds.
tional in whole
of
V4
or
1/10
of
1%,
Dated
Dec.
1,
1947.
Interest
Denomination $1,000. Prin¬
cipal and interest payable at the
office of the City Treasurer.
J-D.
Ap¬
as to legality by Caldwell,
Marshall, Trimble & Mitchell, of
New York City. A certified check
proved
for
2%
of
the
multiples of Is or 1/20
of 1%, and must be the same for
all of the bonds.
Principal and
bonds. Due
$4,000
1963.
par
value
of
the
on
Nov.
inverse
the
1,
or
follows:
op¬
in part in
order
numerical
their numbers
of
as
at par
and
accrued interest to date of
as to legality by
Pershing,
Bosworth, Dick & Dawson, of
Denver, and a copy of this opinion;
together
with
Dated
Nov.
1,
1947.
Interest
M-N.
Denomination $1,000, one
for $900. Due on Nov.
1, as fol¬
lows: $7,000 in 1948; $13,000 in
1949; $13,000 from 1950 to 1952;
$11,000 from 1953 to 1957, and $8,000
from
1958
to
1960
inclusive.
Rate of interest to be in
multiples
of Vs or one-twentieth of
1%, and
must
be the
same
for all of the
bonds. Principal and interest pay¬
the
printed
bond<»
demption, at the option of the
will be furnished the
purchaser. A
certified
check
for
5%
of
the
City
011
amount bid is
any
interest
Nov.
thereafter
as
re¬
1952, or on
payment
rate
provided in the
1,
Dona
County, Mesilla Schook
District (P. O. Las
Cruces),
bonds.
and
1963, and $12,000 in 1964.
125,000
sewage
disposal plant
I bonds. Due on Jan. 1, as fol¬
lows: $3,000 in 1949; $4,000 in
1950; $10,000 from 1951 to
1954; $6,000 in 1955 and 1956;
$5,000 in 1957 and 1958; $10,000 from 1959 to 1963, and
$6,000 in 1964.
100,000 fire protection bonds. Due
011
Jan. 1, as follows: $3,000
in
required.
Ana
N.
Bonds
Voted
Mex.
—
At
an
election,
held recently the voters
approved
the issuance of
$125,000 construc¬
tion bonds.
Santa Fe
County, Santa Fe Mu¬
nicipal School District (P. O.
Santa Fe), N. Mex.
Bond Offering — Ben L. Mar¬
tinez, County Treasurer, will
ceive sealed
bids until
8
p.m.
re¬
orv
Nov. 11, for the purchase of
$400,000 not
to exceed
2%
interest
school bonds.
Dated July
Denomination
July
I,
1948
$1,000.
1, 1947,
Due
or*
to
follows:
as
$16,000
from*
1952; $30,000 from 19531956, and $40,000 from 1957 te '
to
1961.
Principal
ana
interest (J-J>
payable at the office of the County
Treasurer. These are the bondsvoted at
election held
an
011
May
7, 1946.
Rate of interest to be in
multiples of *4 of 1%. No bids for
less than par and accrued
interest
will be considered. The bonds
will
he
approved as to
legality by
Pershing, Dick & Dawson, of Den¬
A certified
ver.
the
check for 5%
amount bid for,
of
is required.
NEW YORK
'
NEW JERSEY
$5,000
Rate of interest to be in mul¬
in
$168,000 public improvement
1950;
lows: $1,000 in 1949 and
1950;
$3,000 in 1951 and 1952; $5,000
in
1953 and 1954: $3,000 in.
Dated
the
and
to 1962, and
bonds. Due
man, District Clerk, will receive
sealed bids until 8 p.m. on Nov. 14
Sept. 1, 1947. Denomina¬
$500. Due on Sept. 1, as fol¬
lows:
$1,500 from 1948 to 1957,
and $2,000 from 1958 to 1962, incl.
Rate of interest to be in multiples
of Vs or 1/20 of 1%, and must be
1949
1951
30,000 public park improvement
for the purchase of $25,000 not to
exceed 4% interest school bonds.
tion
in
from
Shamong Township School District
bonds offered payable to the
529,000
general
improvement
City
Co., of De¬
bonds. Due on Nov. 1, as fol¬
Treasurer, is required.
troit, Blewer, Heitner & Glynn, of
lows: $24,000 in 1948: $30,000
St. Louis, and R. J. Edwards, Inc., interest
Palisade Park, N. J.
payable at the office of
from 1949 to 1952, and $35,000
of Oklahoma City, as IVis, at a the
Bond Offering—Mary E. McGee,
County Treasurer, or at the
from 1953 to 1963, all inclu¬
price of 100.322, a net interest cost Chemical Bank & Trust Co., New Borough
Clerk, will receive sealed
sive*
of about 1.191%.
Principal and York City. The purchaser will be bids until 8 p.m. on Nov.
25, for
191,000 water works improve¬
interest
payable
at the
State furnished
with
the
the purchase of $70,000 not to ex¬
approving
ment bonds.
Due on Nov. 1,
Treasurer's
office.
The
second opinion of Hawkins, Delafield .& ceed
4% interest coupon or reg¬
as
follows: $11,000 in 1948,
highest bidder was Piper, Jaf¬ Wood, of New York City, that the istered
bonds, divided as follows:
and $10,000 from 1949 to 1966
fa-ay & Hopwood, and Associates, bonds are valid and legally bind¬ $22,000 sewer
incl.
assessment; $19,000
lor iy4s at 100.258.
ing obligations of the County. A sewer assessment, series
A; $17,000
Dated Nov. I, 1947.
Principal
certified check for $17,000 payable
emergency housing, and $12,000 and interest
(M-N) payable at the
NEBRASKA
to the County, is required.
street assessment bonds.
office of the City Treasurer or at
Dated Nov. 1, 1947. Denomina¬
Stanton School District, Neb.
Dumont School District, N. I.
the Broad Street National Bank
tion $1,000. Due on Nov. 1. as fol¬
Bond Offering—N. B. Pent, Dis¬
of Trenton, at the option of the
Bond Offering — Alfred J.
lows: $2,000 in 1948: $16,000 in
trict Secretary, will receive sealed
holder.
Bidders must specify a
Strickland, District Clerk, will re¬
bids until 8 p.m. on Nov. 17 for
1949; $15,000 in 1950 and 1951;
ceive sealed bids until 8 p.m. on
single rate of interest in a multi¬
the purchase of $225,000 not to
$4,000 from 1952 to 1954; $3,000
ple of V4 or 1/10 of 1%. The opin¬
Nov. 18 for the purchase of
$450,- from 1955 to
exceed 4% interest school bonds.
1957, and $1,000 in ion of
000 not to exceed 5% interest cou¬
Hawkins, Delafield & Wood,
1958.
Rate of interest to be in
Due in 25 years; optional after
of New York City, that the bonds
pon or registered school building
five years.
multiples of !s or 1/20 of 1%, and are valid
Issue was authorized
and legally binding ob¬
bonds.
Dated Nov. 1, 1947. De¬
must be the same for all of the
at an election on Oct. 28.
ligations of the City will be fur¬
nomination $3,000. Due Nov. 1, as
bonds.
Principal
and
interest nished the
follows: $20,000 from 1949 to 1953
purchaser. A certified
Thayer County School District
(M-N) payable at the National check for
No. 47 (P. O. Hebron), Neb.
$28,900, payable to the
incl., and $25,000 from 1954 to Bank of
Palisades Park. The pur¬
Bond Election—At an election 1967 incl. Bidder to name a
City, is required.
single chaser will be furnished
with the
Held on Nov. 18 the voters will rate of interest, expressed in a
opinion of Hawkins, Delafield &
NEW MEXICO
consider the issuance of $23,500 multiple of Vs or 1/20 of 1%.
Wood, that the bonds are valid
construction bonds.
Principal and interest (M-N) pay¬ and
Albuquerque, AT. Mex.
legally binding obligations of
able
at
the "Dumont
National the
Bond Offering—Ida V. Malone,
Woodmen of the World Life in¬
Borough. A certified check
Bank, Dumont. A certified check for
surance
$1,400, payable to the Borough, City Clerk, will receive sealed
Society (insurance
for $9,000, payable to order of the
bids until 2 p.m. on Dec. 2 for the
is required.
Building, Omaha 2), Neb.
Board of Education, is required.
Portfolio
Bonds
purchase of $962,000 not to exceed
Offered
for
River Edge, N. J.
Sale—Bids were opened at 9 a.m. Legal opinion of Hawkins, Dela¬
6% interest coupon bonds, as fol¬
field & Wood of New York
Bond
City
Offering — Walter
E. lows:
(CST), on Nov. 7, by W. C.
will be furnished the successful
Chapman, Borough Clerk, will re¬
Braden, Secretary of the Finance
$400,000 sanitary sewer bonds.
bidder.
ceive sealed bids until 8
p.m. on
Committee, for the purchase of $3,Due 011 Jan. 1,
as follows:
Nov. 17 for the purchase of
142,000 various purpose municipal
$138,Hackensack, N. /.
$15,000 from 1949 to 1952;
900 not to exceed
6%
interest
bonds, embracing obligations of
Bond Sale—The $340,000 bonds
$20,000 from 1953 to 1958;
coupon or registered
local units
numerous
States offered on Nov. 3—v.
bonds, as fol¬
$30,000 from 1959 to 1965, and
166, p. 1728 lows:
aroundthe country, which had —were
$10,000 in 1966.
purchased by B. J. Van
been held in the portfolio of the
237,000 storm sewer bonds. Due
Ingen & Co., of New York, and $94,000 general improvement
bonds.
Society. In all, there were 49 lots the Fidelity Union Trust
011 Jan. 1, as follows:
$10,000
Co., of
of bonds offered for sale, and
22,900 street assessment of 1947
in 1949 and 1950; $15,000 from
Newark, jointly, taking $339,000
series A bonds.
bids were to be firm until 4 p.m. as
1951 to 1958; $20,000 in 1959
1.90s, at 100.31, a basis of 1.85%,
on Nov. 7.
22,000 street assessment bonds.
and 1960; $15,000 from 1961
as follows:
McDonald-Moore
in 1950; $10,000
1954; $5,000 from
1962; $6,000 in 1963,
and $9,000 in 1904.
70,000 street improvement bonds
Due on Jan. 1, as follows:
$3,to
tiples
14 for
of
$850,000 not to
exceed 4%
interest general im¬
provement coupon or registered
bonds. Dated Nov. 1, 1947. Inter¬
est
to
maturity, at
city, on Dec.
their stated dates of
Smith, Clerk, Board of Chosen
Stockholders, will receive sealed
the
of
redemp¬
tion, after 30 days' published
notice.
The bonds maturing
in the years 1948 to
1952, will
not
William
—
dates
the option of the
Bergen County (P. O.
Hackensack), N. J.
Bond
the opinion of Hawkins,
& Wood, of New York
$2,000
1955
(P. O. Indian Mills), N. J.
Bond
bonds.
1949;
5S
from 1951 to
purchaser will be furnished with
Bond Offering—Robert L. Eris-
New
^
(1937)
able at the Peoples Trust
Co., of
Bergen County, Hackensack. The
bonds.
Deitz, Borough Clerk, will receive follows:
sealed bids until 8 p.m. on Nov. $400,000 water bonds. Due $20,000
13 for the purchase of
on Dec.
1, from 1948 to 1967,
$25,000 not
to exceed 6% interest
incl. Rate of interest to be in
equipment
of
1947
multiples of V4 or 1/10 of 1%,
coupon
or
registered
bids until
Bond Sale—The $2,000,000 State
on
pre¬
of
Audubon, N. J.
Bond
'
fered
upon
surrender
a bond registered as to both
principal and interest, be accom¬
panied by all coupons for interest
accruing after Dec. 1, 1947.
Nov.-4 the voters ap¬
Hospital for the Insane
Midland
CHRONICLE
Hoyt & Washburn, of
City, to be furnished
The next highest
bidder was Boland, Saffin & Co.,
for $340,000 1.90s, at 100.206.
the
into
approved the issuance of $2,096,000 bondscr.
*
Bonds
at the
FINANCIAL
Reed,
New
must, unless it has been converted
•
Jackibi?^ouitiry^(P. O. Kansas
Ma:
Marine
Co., New* York,
has been -approved_ a? Jto legality
Louis. Dated Qct.rl,
thereof,
Asbury Park &
Ocean
Grove
Bank, Asbury Park, or at the op¬
tion of the holder, at the principal
bonds
$20,000 2V4;%- PMblic park
value
par
of
&
Brewster, N. Y.
Bend
Sale—The
improvement
$7,000
bonds
public
offered
on
Oct. 30—v.
166, p. 1729—were pur¬
chased by the National Commer¬
cial Bank & Trust
Co., of
as
1.10s,
at
a
price
basis of about 1.065%.
of
Albany,
100.10, a
Dated Oct
1, 1947. Interest A-O. Due serial¬
ly on Oct. 1, from 1948 to 1952,
incl.
The
approving
opinion
ot
Vandewater, Sykes & Heckler, o*
New York City, will be furnished
the purchaser.
Brighton Union Free Sch. Dist•
No. 7 (P. O. Rockester 10),
New York
Bond Sale—The $550,000 school
bonds offered on Nov. 5—v.
166,
1833—were purchased by the.
Union Securities Corp., of New
p.
York,
of
as
1.80s, at 100.052,
a
1.794%. Dated Nov. 1,
Interest M-N. Due serially
basis
1947i
from
1948 to 1967 incl. The opinion of
54
(1938)
••
> ■" at i
THE
Reed, Hoyt & Washburn, of New
-York City, will be furnished the
purchaser. The next highest bid¬
der
was
the Marine Trust Co.,
Buffalo, Roosevelt & Cross, R. D.
White & Co.* and Sage, Rutty &
Co., jointly, for 1.90s, at 100.34.
Bufftilo Sewer Authority
Chairman, will receive sealed bids
(EST)
a.m.
Dec. 2 for
on
the
purchase of $1,500,000 not to
exceed 5% interest series I cou¬
Dated Nov. 15, 1947.
bonds.
pon
Due oh Nov. 15, as
Interest M-N.
fOiluws;
$75,000 in 1950 and 1951;
$100,000 in 1952 and 1953; $25,000
in 1904; $50,000 in 1955 and 1956;
$75,000 in 1957 ahd 1958; $50,000
$75,000 in 1962;
frofn 1959 to 1961 ;•
$100,000 in 1963; $125,000 in 1964
1965, and $150,000 in 1966 artd
1967. The bonds of this Series I,
maturing in the years 1954 to 1967,
inclusive,
shall
be
redeemable
prior to their stated dates of ma¬
and
turity, at the option of the Au¬
thority, in Whole or in part but
in inverse numerical order if less
than
serially
A-O. Due
Oct. 1, from
1948 to 1952 incl. The approving
opinion of Vandewater, Sykes &
all, On NOV.
15, 1953, or on
any interest payment date there¬
after, after 30 days' published
notice, at the following redemp¬
on
Heckler, of New York City, will
be furnished the purchaser.
New
Bridge
Offering—David J. Laub,
until 11
First National Batik, of Mafcfellus,
as Is. Dated Oct. 1, 1947. Interest
(P. O.
Buffalo), N. Y.
Bond
COMMERCIAL
FINANCIAL
&
CHRONICLE
erai election
did
Revenue
not
Nov. 4 the voters
on
the issuance
approve
Sur¬
Craven County
(P. O. New Bern),
North Carolina
eral election
the
gen¬
Nov. 4 the voters
on
by
Tripp
wefe
1947
12%
over
above
period in 1946, while
same
2.282%,
the
ington Bridge showed an 18.8%
rise.
Triborough Bridge revenue
for
first
the
six
months
1947
of
follows:
as
$8,000
as
2s,
maturing on Nov. 1, $2,000 from
1950 to 1953; $22,000 as 2%s, ma¬
turing $2,000 from 1954 to 1964;
$10,000 as 2y2s, maturing $2,000,
from 1965 to 1967; $4,000 in 1968,
dnd $25,000 as 2%s, maturing $5,000 from 1969 to 1973, all inclu¬
sive. Dated Oct. 1, 1947i Interest
M-N.
The approving opinion of
Masslich & Mitchell, of New York
City, will be furnished the pur¬
chaser.
The next highest bidder
was the Branch Banking & Trust
Co., of Wilson, for $10,000 as 2s;
$10,000 as 2V2S, and $45*000 as
y
*
reve¬
frOm the Port's George Wash¬
nues
Was nearly 23% above the same
period in 1946.
In many instances revenues are
running from 30% to 100% in ex¬
cess
of the original estimates of
revenues
made by engineers. In
1946 Triborough Bridge Author^
,
,,
u
A
—
and
thereafter.
Principal and interest
payable at the Manufacturers and
Traders
Trust
Co., Buffalo, or at
the Continental Bank & Trust Co.,
of New York.
rate
Of
Bidders
interest
in
% Or 1/20 of 1%.
to
are
name
multiple of
a
No bid for less
proved
constitutional
a
considered.
opinion
of
Trimbie &
furnished
the
pur¬
A certified check for $30,-
000, payable to the Authority, is
required.
New
—
boncis
offered
Nov.
on
5
were
purchased by the Marine Trust
Co., of Buffalo, as 1.30s, at a price
of
100.095, a basis of 1.266%.
Datea Nov.
1, 1947. Interest M-N.
Due
on
$7,000
Nov. 1, from 1948
Principal and interest
at the Genesee Valley
to 1952 incl.
payable
National Bank & Trust Co., GeneThe bonds will be delivered
seo.
abouc Nov.
17, 1947. The approv¬
ing opinion of Mark F. Welch, of
Geneseo,
the
der
will
bonds.
be
The next
the
was
with
furnished
State
highest bid¬
Bank
Al¬
of
ceive
sealed
(EST)
election held
approved
—
issuance
until
11
$8,00o"not
to exceed 5%
extension
tered
bonds.
Dated
Interest M-N.
Due
erf
interest
regis¬
or
Nov.
incl.
1,
1947.
Denomination $400.
of
Rate
multiples of V4
and
must
the
bonds.
interest
to
Bonds
a
special
the voters at
Baldwin), N. Y.
was
re¬
Bond
tion of !f1>000 each- numbercd («H
inclusive), 3, 5, 7, 9, 12, 13, 15, 16,
18, 19, 21 to 23, 25 to 27, 29 to 32,
No.
2
Sale
—
offered
The $6,000 water
on
Oct.
30
were
by
ortrnn^
um+Vi
fho
agreed with
the
nrirnVincnv
nVinitt
purchaser about
Dec. 1, 1947. The approving opin¬
ion
of
Vandewater,
Sykes
&
Heckler, of New York City, will
be furnished the
out
cost.
A
purchaser with¬
certified
check
for
$160 payable to the Town, is
quired.
to
Sale—The
bonds offered
1723—were
on
Y.
Bond Sale
offered
re¬
$131,000 street and
of 131 bonds
sewer,
sisting
$11,000
on
—
The $50,000 bonds
Nov. 5—v. 166, p.
1834
serially
on
Sept. 1, from 1948
the
was
National
Commercial
Bank
&
Trust
purchased
by
the
Kihdfed State Bank, at par. Due
serially on Nov. 1, from 1948 to
1956 inel.
UpOn Uie
surrender of
pre
said
all June 1,
1948, and subsequent coupons, at
the
Central
Trust
Hanover
Bank
&
Company, New York
Coupons maturing Dec. 1,
and
City.
1947,
prior thereto will be paid
the presentation and sur¬
of
said
on
such
bonds
from
crue
Interest
coupons.
shall
cCase
after
and
Dec.
to
ac¬
1, 1947.
Albany,
1.40s,
at
a
for
Winston-Salem, N. C.
election
proved the
price
of
4
the
general
the voters
issuance
ap¬
of $4,000,000
water system bonds.
Bertkold School
District, N. Dak.
Bonds Voted—At a special elec¬
tion held
on
Oct. 18 the voters ap¬
the
City
issuance
This
School
2% Sales Tax—
city's adoption of a 2% local
of
$20,000
Bonds Not Voted—At the
eral election
did
not
State
to
enact
such
levy
under recent State enabling legis¬
lation, according to the Municipal
a
Bond
City's sales tax was passed
previous State legislation.
Utica, N. Y.
Bonds Not Voted—At the gen-
Offering
District
No.
1,
14
the
for
—
Dolores
M.
of
$225,000
interest build¬
bonds.
Dated Nov. 1,
ing
coupon
1947.
purchase
exceed 2%
to
Interest
M-Ni
$1,000. Due on Nov. 1, as fol¬
lows: $5,000 from
1948 to 1954;
$10,000 in 1955, and $15,000 from
be
in
to
1967.
Rate
multiples of
issuance
of
bonds.
Chillicotho City School District,
Ohio
Bonds Voted
election
166,
chased by
proved
Nov. 4 the voters ap¬
the issuance of $1,506,000
construction bonds.
Cincinnati, Ohio
Bonds
Not
Voted—At the
eral election
did
of interest to
1/10
1%.- All bonds maturing
or
%
of
$80,000 im¬
offered
Oct.
on
1626—were
p:
pur¬
j; Ai White & Co., of
Cincinnati, as l%s, at a price ef
101.112, a basis of 1.586%. Dated
Jan.
1,
1947.
Interest M-S.
Due
serially, from 1948 to
1962 inel.
The second highest bidder was the
Kenton Savings Bank,
l%s, at
Kenton, for
price of 100.937.
a
Lebanon, Ohio
»
Bond Offering—Sealed bids will
be received
until
by the Village Clerk
Nov. 11 for the pur¬
noon on
chase of
$20,586.46 3%
bonds.
sewer
Dated
Interest M-N.
im¬
Nov.
Due
on
1,
Nov.
as
ders may bid for a
differing rate
of interest in a.multiple of% .of
1%.
No bids for less than par and
interest
The approving
accrued
opinion of Peck, Shaffer & Wil¬
liams, of Cincinnati, will be fur¬
nished the purchaser. - A certified
check for 2% of the bonds bid
for,
At the general
—
The
—
payable to the
Village, is required.
on
not
gen¬
Nov. 4 the voters
on
the
approve
issuance
of
Parnttt, Ohio
Bond Tenders invited—Tenders
will be received until Nov.
24, by
Josephine Baker, City Treasurer,
of refunding
bohds, -dated Oct. 1,
1936, for the purchase at the low¬
est
price offered, to the extent of
$1,500,000 zoological gardens im-. approximately
provement
$25,000.
Tenders
should be addressed to 6611
Ridge
bonds.
Columbus City School District,
Ohio
Road, Cleveland 9, Ohio,
Quincy, Ohio
Note
Sale—The $330,000 1%%
anticipation notes offered on
tax
Bond
bonds
Sale
chased
Bank, of Quincy,
by Ryan, Sutherland
Co., of Toledo, at 100.193, a basis
1.12%.
Dated Nov.
10, 1947.
interest M-N.
Due $110,000 on
10, 1948, and May and Nov.
10, 1949.
Principal and interest
payable at the office of the ClerkTreasurer.
der was
The next highest
bid¬
Stranahan, Harris & Co.,
Inc., for 100.121.
Ohio
Not
eral election
did
not
Voted—At
Nov. 4
on
the
approve
gen¬
the voters
site
of
Nov.
the
the
4
general
voters ap¬
proved the issuance of $700,000
grade crossing elimination bonds.
Franklin County (P. O. Colt a bus),
Ohio
Bond Offering—Ella A. McCar-
ley,
Assistant
County
sealed
(EST)
on
of
Clerk
Board
Commissioners,
ceive
bids
of
will
until
10
re¬
a.m.
Nov. 21 for the purchase
$25,371
not to exceed 3%
Sewer
£1,000 in 1960; $500 in 1961; $1,000
1962; $500 in 1963; $1,000 in
1964; $500 in 1965; $1,000 in 1966;
$500 in
1967, and $1,000 in 1968.
opinion of Peck,
Shaffer and
Williams, of Cincin¬
nati, will be furnished the pur¬
approving
.
chaser.
in¬
District
Perry No.
1, improvement No. 197, water
mains bonds. Dated Dec. 1, 1947.
Interest M-S. Denomination $1,000
one for $371.
Due $2,371 March 1
$1,000 Sept. 1, 1949; $2,000 on
March, 1, and $2,000 on Sept. 1,
from 1950 to 1953, and $1,000 on
March and Sept. 1, from 1954 to
1958, all inclusive. Rate of inter¬
est to be in
multiples of % of 1%.
Principal and interest payable at
office
of
the
County Treas¬
No bid for less than par and
interest: The bonds will
accrued
bank
designated
Columbus.
A
1% of the
charge to
in
the
any
City
of
par
certified
cheek
for
value of the bonds
bid for, payable-to the Board of
County
Commissioners,
is
re¬
quired.
Glandorf
Bonds
Voted—At
election
proved
School
District
(P. O. Ottawai R. F. D. Noi 4),
jOhio''
.
Bond Sale—The
ing
unlimited
Nov.
tax
Nov.
on
Mans¬
the
general
4
the voters ap¬
issuance of $400,000
the
tuberculosis
sanatorium
bonds.
Springfield Local School District.
Ohio
Bonds
election
proved
Voted—At
Nov.
on
the
Stark
the
the
general
voters ap¬
of
$225,000
bonds.
County (P.O. Canton), Ohio
Bonds
Not
eral election
did
4
issuance
construction
not
Voted—At
the
gen¬
Nov. 4 the voters-
on
approve
$2,000,000
court
the
issuance
house
of
construc¬
tion bonds.
Toledo, Ohio
Bond
Sale—The
improvement
Nov. 4
$32,000
bonds
street
offered
on
166, p. 1626 — were
by Hayden, Miller &
v.
—
purchased
Co,, of Cleveland, as l%s, at a
price of 100.284, a basis of 1.167%.
Dated Nov. 1, 1947. Interest M-N.
Due serially on Nov. 1, from 1949
to
1952.
Principal and interest
payable at the Chemical Bank &
Trust
Co., New York City. The
highest bidder was Ryan,
Sutherland & Co., for lV4s, at
next
100.178.
~
Troy School District, Ohio
Bonds
Local
County (P. O.
field), Ohio
Ohio
Voted—At
on
1, as
$1,000 in
1949:
1950; $500 in 1951; $1,000 in 1952;
$500 in 1953; $1,000 in
1954; $500
1955; $1,000 in 1956; $500 in.
1957; 1,000 in 1958; $500 in 1959;
Richland
Fostoria,
Bonds
Nov.
on
pur¬
bonds.
election
Due
a price
1947. In¬
15,
in
The
the
issuance
$1,665,000 building and
chase
M-N.
were
Valley
3s, at
as
follows: $917.97 in
31
Miami
Dated Oct.
par.
terest
the
in
Liverpool City School District,
Bonds
of
by
$15,417.97
Oct.
on
purchased
of
The
—
offered
Nov. 4—v. 166, p. 1626—were pur¬
Denomina¬
tion
1956
the
be delivered free of
Wolf, District Clerk, will receive
sealed bids until 5 p.m. on Nov.
not
gen¬
Nov. 4 the voters
on
approve
$450,000 construction
the
N. Dak.
sales tax makes it the first in New
York
(P. O.
Archbold), Ohio
urer.
Dickinson
Adopts
30—v.
and
NORTH DAKOTA
proved
100.153.
At
—
Nov.
on
Sale
follows: $2,586.46 in 1949, and
Local $2,000 from 1950 to 1958 incl. Bid¬
Township
School District
purchaser:
Ohio
Bond
I,
Archbold-German
1968 incl.
City Union School District,
provement bonds
1947.
OHIO
terest
Bonds Voted
Kenton
provement
de-
bonds accompanied by
Co.,
sewer
166,
Dickinson, will be furnished the
con¬
the
of
xnnz
aiU.1 JJCC. 1,
sentation and
render
purchased by the Potsdam
Bank & Trust Co., as 1.30s, at par.
Dated Sept. 1, 1947. Interest M-S.
under
Oct, 30—v.
of
East
68.
upon
York
Mar callus, N.
Aug. 5. No bids
The approving
opinion of Crawford & Reichart,
to 50, and 52
37 to 39, 41
34, 35,
ber?d <a» inclusive), 1 to 37, and
the
Hamilton
County National Bank, of Wells,
as 2%s.
Dated Sept. 1, 1947. In¬ Finance Officers Association. The
terest M-S. Due serially on March tax goes into effect next March 1.
1, from 1948 to 1953 incl. The ap^ Erie County is the only other local
proving opinion of Vandewater, government so far to take advan¬
Sykes & Heckler, of New York tage of the State legislation broad¬
City, Will be furnished the pur¬ ening local tax powers by adopt¬
chaser.
ing a tax on retail sales. New
p.
the'denomina-
construction bonds.
purchased
Bond
bondt'of
Syracuse, N. Y.
Water District
Lake
(P. O. Indian Lake), N. Y.
bonds
f j0°14e«f<• "u™Hr8edJ' &
and of 52
to be furnished the
for less than par.
n
cently.
Indian
.
I, from 1949 to
The approving opinion of Squire,
Sanders & Dempsey, of Cleveland,
an
on
Nov.
Principal and interest
highest bidder
authorized by
election held
an
of
c7tchenVctaedyChZeCto1fdsTwil! Pa°'™nt °f the Principal
amount of saicl bonds so called for
st srsas; x'sfSr- s i"
Due
of
Authorized—An issue of
$190,000 bonds
denomination
the
of
nomination of $1,000 each, num-
for all
same
$20,000
to 1963 incl. The approving opin¬
equipment bonds, and $15,000
ion of Vandewater, Sykes & Heck¬
building bonds.
ler, of New York City, will be
Hempstead Union Free Sch. Dist. furnished the purchaser. The next
10 (P. O.
bonds
of
be the
fire
No.
con¬
$59,000 general consisting of 14
be
1/10 of 1%,
or
The bonds called
1.
sist of:
re¬
$400 oh Nov. 1, from 1948 to
1967
in
coupon
Dec.
on
a.m.
Nov. 14 at the office of
on
Wall, Town Clerk
that
refunding
1, 1935, matur-
—were
Oct. 14 the voters
on
the
At
bids
Treasurer,
ing Dec. 1, 1965, and redeemable
on
any Dec. 1 prior to maturity,
have been called for redemption
N.
Potsdam, N. Y.
Center), N. Y.
Voted
Bonds
Harold
—
Sehei^"ctaf^eitor^the Purchase6
bany, for 1.30s, at 100.031.
Greenfield ahd Wilton, Greenfield
Fire District (P. O. Greenfield
election held
bonds, dated Dec,
York
Offering
Rowe, Town Supervisor, will
water
Geheseo, Groveland, Sparta and
V* eat Sparta, Central School
District No. 1 (P. O.
Geneseb), N. Y*
Bond Sale
The $35,000 bus
and
Niskayuna Water District No. 2,
Bond
Redemption Notice—It is
stated by M. R.
providing for an issue of
$400,000,000 veterans bonus bonds.
They will mature over a period
of 10 years from the proceeds of
special taxes.
approving
Caldwell,
Marshall,
Mitchell, of New York
will be
City
chaser.
The
Bond
amend¬
ment
than par and accrued interest will
be
Seltna, N. C.
ap¬
1965
coiri-
authorized at
were
&
ity revenues were 18% above es¬
prices, together with accrued timates and based on half-year
figures they should be 35% above
redemption, if
odimitoc
fnv
1 QA7
Tho
T.ak-o
"'/4a, dl pdl.
for
1947.
The
Lake
redeemed in the following years: estimates
103% in 1953, 102%% in 1954, Washington Toll Bridge in 1946
Kihston, N. C.
Bohds Voted
At an election
102Vz'% in 1955, 102% % in 1956, had revenues 108% in excess of
held on Oct. 28 the voters ap¬
102% in 1957, 101%% in 1958, engineers' estimates.
101^/2% in 1959, 101%% in 1960,
proved the issuance of $150,000
New York (State of)
athletic stadium bonds.
101% in 1961, 100%%
in 1962,
Bonus Bonds Approved—At the
100%% in 1963, 100% in 1964, and Nov. 4
election
the voters
in
trust
or
designated by the purchaser.
These bonds
purchaser. Bids must be for all
Company — did not approve the issuance of
or
none.
A certified
check for
Reports from various publicly- $1,500,000 school building bonds.
$4,500 payable to the District
owned
toll
bridges show
that
Fairmont, N. C.
Treasurer, is required.
revenues throughout the country
Bond Sale—The $65,000 water
in 1947 are exceeding 1946 by from
Kindred School District, N. Dak.
bonds offered on Nov. 4r—v. 166,
10% to 25%, according to a sur¬
Bond Sale Details—In connec¬
p. 1834—were purchased by the
vey by Tripp & Co., Inc., 40 Wall
tion with the sale of the
$29,500
Vance Securities Corp., of Greens¬
St., New York City. Revenues
gymnasium-auditorium bonds, as
boro, and J. Lee Peeler & Co., Of
from vehicular
facilities of the
2s, as reported in our Oct. 27 is¬
jointly, at a price of
Port of New York Authority for Durham,
sue—v. 166, p. 1730—we learn that
a
net interest cost of
the 12 months ending Sept. 30, 100.375,
the
bonds
were
sold
to
the
veyed
interest to date of
premium
suitable bank
any
pany
NORTH CAROLINA
Bonds Not Voted—At
Bonds
on
any Subsequent interest pay¬
ment date thereafter. Payable at
Of
$1,000,000 college memorial bonds.
York, N. Y.
tion
without
Monday, November 10, 1947
*-■
Voted—At
election held
approved
000
on
the
the
,
general
"Nov. 4 the voters
issuance
construction
of
$890,-
bonds.
$112,000 build¬
bonds
Uhrichsville, Ohio
offered
Nov.
1, 1963, and thereafter to be sub¬
ject to redemption at par and ac¬
166, p. 1626—W!?re
purchased by Z. ,A. White & Co.,
Bond Salfe—The $12,000 fire ap¬
paratus bonds offered on Oct. 31
of Cincinnati.
—V.
crued interest
Interest
on
on
Nov. 1, 1962, and
on
3—v/
M-N.
Dated Nov. 1,
Due
1947.
serially
on
.
166, p. 1626—were purchased
by the United Bank, Of Uhrichs-
Volume
vflle.
THE
Number 4645
166
pated Nov. 1,1947. Interest
bue serially on Nov. 1, from
M-N.
1957 incl.
1948 to
of
These
election
an
election
At the general
—-
bonds.
sewer
It
—
Oct.
21.
terable
is
stated by William C. Dettman,
Village Clerk, that pursuant to
the provisions of the plan
for
municipal
debt
readjustment,
more
than
$5,000 is currently
available for the purchase of re¬
funding bonds, dated Oct. 1, 1936.
as
$150,000 offered on
purchased by E. Ed¬
were
follows:
Oklahoma City,
of
TENNESSEE
Tenn.
Bond
'
fire fighting equipment
$28,000 as 2%s, ma¬
turing $4,000 from 1951 to
$65,000
Alamo),
:he
principal only. The
opinion of Burgwin,
Ruffin, of Pittsburgh,
will be furnished the purchaser.
A certified check for $7,000, pay¬
able to the District, is required.
West Lawn, Pa.
Bidders
are
requested to"
interest rate or rates in a
name an
purchased
multiple
of
V4
of
1%.
The
ap¬
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished the purchaser. No bids for
than par and accrued interest
be
accepted.
A
certified
ess
will
check
for $5,500 payable to
County Trustee, is required.
able at the Bank of Alamo.
Bond Sale
The $20,000 im¬
1957; $16,000 as 2Vzs, matur¬
provement bonds offered on Nov.
ing $4,000 from 1958 to 1961,
5—v. 166, p. 1731—were purchased
and $21,000 as 2%s, maturing
by the Sinking Spring Bank, of
$4,000 from 1962 to 1965, and
Sinking Spring, as l^s, at a price
$5,000 in 1966.
of
100.312, a
basis of 1.388%.
50,000 bridge bonds. $25,000 as Dated Oct.
15, 1947. Interest A-O.
2 V^s,
maturing $5,000 from
Whitewash Township School
1951 to 1955, and $25,000 as
District, Pa.
2V2S, maturing $5,000 from
bond, per year or
"intervening beredemption date and
maturity date of the*
per
stated
bond.
55
thereof
the
.
by the
First National Bank of Memphis
and the Nashville Securities Co.,
of Nashville, jointly as 2y4s. Dated
Oct. 1, 1947.
Interest A-O. Due
serially on April 1, from 1949 to
1968, Principal and interest pay¬
Churchill &
$2.50
;ween
$200,000 road
Nov. 3—v. 166,
on
1731—were
p.
approving
bonds.
of
fraction
Sale-—The
bonds offered
to
as
(1939)
Crockett County (P. O.
for less than par and accrued in¬
terest will be considered. Regis-
following
The
—
Honnold,
gar
Invited
on
CHRONICLE
1968 to
both inclusive. Bidders to
name a single rate of interest in
a
multiple of Vs of 1%. No bid
bonds totaling
Nov. 3
WiUowick, Ohio
Tenders
Bond
Sale
Bond
proved the issuance of $1,950,000
storm
held
FINANCIAL
1977,
Shawnee, Okla.
Nov. 4 the voters ap¬
on
bonds.
the bonds authorized at
are
&
to 1967, and $12,000 from
$25,000 not to exceed 3% in¬
terest electric light system
Warren, Ohio
Bonds Voted
COMMERCIAL
—
the
Franklin
County (P. O.
Winchester), Tenn.
Bond Offering — C. O. Price,
County Court Clerk, will receive
TEXAS
Austin
Housing Authority (P. O.
Austin),
Texas
-
Village; requests sealed ten¬
The
ders
for
such
bonds
tendered
so
at the lowest offering price in ac¬
cordance with said plan and the
laws
of
All
Ohio.
must
tenders
•••
designate -the full titles and num¬
bers
the
of
must be
bonds
made
on
and
tendered
or
before
noon
Dec. 1, at which time
the tenders will be opened. Bonds
(EST),
on
tendered
be
must
ready for
delivery to the Village Clerk not
later than Dec. 4, after which date
no
interest
will
be
paid upon
so
to
1956
35,000 garbage disposal bonds.
$15,000 as 2Vis, maturing $4,000 from 1951 to 1955; $12,000
as 21/2s maturing $3,000 from
to
1956
1959,
Bonds
did
at the election
Oct. 7.
Wilmington, Ohio
Bond Offering—E. J. Rose; City
Auditor, will receive sealed bids
until
noon
chase
ment
Nov. 12 for the pur¬
on
$180,000 3%
of
bonds,
follows:
as
$90,000 street bonds.
Dec.
on
.
improve¬
15 from
Due $9,000
1948
to
1$57
incl.
1963
to
Dated
incl.
1972
June
15,
1947.
Interest
Denomination
$1,000. Bid¬
bid for different rates of
ders may
Sale—The
Bond
tric
$175,000 elec¬
bonds offered Nov. 3
revenue
166, p. 1731—were purchased
by John Nuveen & Co., of Chi
at a net interest cost of
3.069%.
Interest J-J.
Due from
cago,
1950 to
issue
Different
"all
for
or
interest
none."
or
rates
be
may
chaser.
PENNSYLVANIA
Sale—An issue of
Bond
$50,000
purchased re¬
will not be considered
school
issue.
cently by Harriman Ripley & Co.,
Inc., as IV2S, at a price of 100.531,
a
basis of 1.473%. Dated Oct. 15,
1947. Interest A-O. Due on Oct. 15,
able
the
at
Clinton
County
tional Bank, Wilmington.
proving
opinion
of
Na¬
The
ap¬
attorney
other than the City Solicitor shall
be at the option and expense of
the purchaser. A certified check
for $1,000 payable to the City, is
any
required.
Youngstown, Ohio
Bonds Not
eral election
did
not
voteu—At
on
gen¬
the issuance of
approve
$1,500,000
the
Nov. 4 the voters
memorial bonds.
war
bonds
was
from 1948 to
1957, and $4,000 from 1958 to 1962,
all
inclusive.
Bonds
maturing
follows:
as
$3,000
Bonds Not
did
not
Voted—At the gen¬
on
Nov. 4 the voters
approve
the
issuance of
$175,000 construction bonds.
School
Sale
Bond
Okla.
District,
Details—In
connec¬
tion with the sale of the
building
tional
bonds
to the
&
Bank
$565,000
First Na¬
Trust
Co., and J.
Edgar Honnold, both of Oklahoma
City, jointly,
in
our
as
l%s,
Nov. 3 issue—v. 166 p. 1834
that the
bonds are
learn
—we
dated Nov.
15, 1947 and approved
to
legality by George J. Fagin,
of Oklahoma City.
as
Lindsay, Okla.
Bond
Election—At
to be held
on
Bonds
Not
election
an
Nov. 18 the voters
will consider the issuance of
$178,000 bonds as follows: $102,000 sani¬
tary sewage system and sewage
disposal plant bonds; $50,000 elec¬
tric distribution plant bonds; $15,000 water works system bonds;
$6,000 street. improvement bonds,
and
$5,000
park
improvement
bonds.
$3,000,improvement, equip¬
ment, playground improvement,
police, fire stations and flood con¬
trol bonds were rejected by the
street
000
voters at the Nov. 4 election.
Longdate, Okla.
Sharon, Pa.
Bonds Offered for Investment—
Johnson &
Sale
connec¬
tion with the sale of the
water
works
bonds
to
C.
$23,000
Edgar
Honnold,
of Oklahoma City, as
reported in our Oct. 23 issue —
v. 166, p. 1731—we learn that the
bonds were sold as 5s, and mature
incl. Principal and interest
(A-O 15) payable at the office of
the City Treasurer. Bonds matur¬
ing from Oct. 15, 1958 to 1973, are
callable at par and accrued in¬
1973,
numerical order
on
to
1959, and $3,000 in 1960.
These are the bonds authorized at
an
notice. Legality to be ap¬
proved by Burgwin, Churchill &
election held
on
Sept. 30.
Mooreland, Okla.
Bond Offering
City
Clerk,
—
will
H. A. Seaton,
receive
sealed
bids until Nov. 13 for the purchase
of
Redemption
Bonds
held
Voted
Oct.
on
proved
Offering
—
Eleanor
name
—
than
bid
no
by
re¬
dis¬
municipal market
Congressional ac¬
in
apportioning money to
support local housing authorities,
the sale on May 27 of $1,190,000
refunding, Series A bonds to the
syndicate headed by Shields &
$1,000.
interest
to
Each
may name
'
price of
a
100.041, a net
2.14%, has
of about
been cancelled.
two
rates, and each
specify the amount of
bonds of each rate.
Beaumont Independent
Texas
No bid for less
than par and accrued interest will
Bonds Voted
—
At
Sch. Dist.,
>
election
an
be entertained.
the
—
21
At
election
an
the
voters
issuance
of
ap¬
$33,000
_
bonds
Emery, S. Dak.
Bond
works
Sale—The
bonds
Dated Nov. 1, 1947. Interest M-N
Denomination $1,000. Due Nov. 1,
follows:
$3,000 in 1949 to 1952,
$4,000 in 1953 to 1959. Bonds
maturing on and after Nov. 1,
as
and
$25,000
offered
water
Oct.
on
27
1953, are
at par, in
were
purchased
by
the
State Bank, of Emery,
Security
21/2S, at
as
a
000 in
1958; $2,000 in 1959; $1,000
in 1960; $2,000 in 1961 and $1,000
from 1962 to 1966 incl.
authorized
on
These
at
an
are
elec¬
Sept. 23.
1, 1952, or on any interest
payment date thereafter. Princi¬
Sale
interest payable at the
& Trust Co., Jonesboro
pal and
Banking
the
at
or
Jonesboro.
First
National
Bank,
Rate of interest to be
in
multiples of lA of 1%, and no
bid shall specify more than one
rate of interest which shall apply
to the entire issue, and no bid
will
be
considered
for
all of the bonds of said
par
and
less
than
—
The
following
&
be
interest.
issued
subject
approving opinion of Chap¬
& Cutler, of Chicago. A cer¬
1949 to 1958 incl.
Dated Nov. 1, 1947.
the Town
$1,000, payable to
Treasurer, is required.
Sevierville, Tenn.
Sale—The
$30,000 street
improvement bonds offered on
Oct. 30—v. 166, p. 1627
were
purchased by the Bank of Sevierville, as 3s, at par. Dated Oct. 1,
1947. Interest A-O. Due serially
Oct.
The
1
from
1949 to
1964 incl.
second
highest bidder
Davidson & Co., for 314s, at
was
$300,000 airport bonds. Due serial¬
ly from 1949 to 1967 incl.
200,000 swimming pool bonds.
serially
from
1949
to
sewage disposal bonds.
serially from 1949 to 1966
incl.
Dated Nov. 1,1947. Interest J-J.
The
City will furnish the approv¬
Bianchi, Secretary Board of Di¬
rectors, will receive sealed bids ing opinion of Dorsey, Colman,
until 8 p.m. (EST) on Nov. 18 for Barker, Scott & Barber, of Min¬
the purchase of $340,000 school neapolis. The next highest bidder
coupon bonds. Dated Dec. 1,1947. was Halsey, Stuart & Co., First of
Denomination $1,000. Due on Dec. Michigan Corp., and
Milwaukee,
1, as follows: $11,000 from 1948 jointly, for 2s, at 100.60.
the
Crane Independent School District,
Texas
Bond Sale
—
A
William
of
posed
syndicate
N.
com¬
Edwards
&
Co., of For
Worth, Equitable Se¬
Corp.,
First
Southwest
curities
Co., of Dallas, and Milton R. Un¬
&
derwood
Co., of Houston, pur¬
issue
of
$1,050,000
bonds, recently, as 21/&s
chased
an
school
2%s, and 3s;
Fort
Bend
County, County School
No. 10 (P. O.
Richmond), Texas
District
Bonds
held
Voted
At
—
an
Sept. 27 the
the issuance
on
election
voters
of
ap¬
$20,000
Littlefield School District, Texas
Bonds Voted — At an election
held recently the voters appro.ved
the issuance of $75,000 construc¬
tion
bonds.
Oak
Live
Voted—At
Bonds
held
Nov.
on
Chairman, Board of Public Utili¬
ties, will receive sealed bids until
2 p.m. (EST) on Nov. 14 for the
purchase of $275,000 not to exceed
interest
electric
1947 bonds.
1947.
Interest J-D.
revenue,
Dated
June
1,
Denomination
will
and
1Q61"
$90 000
1964.
These are part of a total
authorized issue of $295,000 bonds.
The bonds of the total authorized
issue
of
$295,000,
which
mature
after June 1, 1952, are optional in
inverse numerical order on June
1, 1952, and
interest pay¬
ment date thereafter at par plus
accrued interest, plus a premium
on
any
M.
E.
of
bids
until
Nov. 20 for the purchase
$35,000 not to
exceed 4%
in¬
terest school bonds. Dated Dec. 1,
1947.
J-D.
Interest
$1,000. Due
on
$1,000 from
1948
as follows:
to 1957; $2,000
and $3,000 from
1963 to 1967. These
voted at
Denomination
Dec. 1,
chaser.
1Q60
Mrs.
sealed
receive
8 p.m. on
$10000
,
ln 19bU and 1961 > *20'000
1962 and 1963, and $21,000 in
—
Jones, Superintendent of Schools,
$1,000. Due on Dec. 1, as follows:
$14,000 in 1949 and 1950; $15,000
in
1951
and
1952; $16,000 from
1953 to 1955; $17,000 in 1956 and
1957; $18,000 in 1958 and 1959;
in
ap¬
In^tp. School District,
Offering
from 1958 to 1982,
l5
in
voters
T exas
Bond
Offering—A. W. Gaylord,
series
election
an
the
road bonds.
Tenn.
3%
1
proved the issuance of $1,000,000
Weakley County (P. O. Dresden),
Bond
County (P. O.
George West), Texas
Los Fresnos
by the First National Bank of
the Black Hills, of Rapid
City,
First National Bank & Trust
Co.,
of Sioux Falls, and
Associates, at
public auction, as 2s, at 100.6001,
a basis
of 1.914% as follows:
at
1, 1947.
par.
Rapid City, S. Dak.
Sale—The $650,000 bonds
Nov.
tified check for
on
Interest J-J.
authorized
on
school bonds.
Bond
to 1958 incl.
Due
bonds
election held
proved
Co., of
$10,000 water works bonds. Due
serially on Jan. 1, from 1949
150,000
the rate of interest. These
the
are
man
purchased by Kalman
Minneapolis, as 2%s:
Due
of $75,000 road bonds.
serially in 20 years. Bidders
name
issue, and
accrued
bonds will
—
-
to
to the
bonds totaling $16,000 offered on
Nov. 4
v.
166, p. 1835 — were
Bond
Due
bid will be considered for less
no
than
The
Kennebec, S. Dak.
Bond
callable for redemption
inverse numerical order,
purchase
Nov.
on
1967.
B.
tion
rate for part
one
balance, but
bidder must
Notice
school bonds.
Bridgeville), Pa.
Bond
may
occasioned
1948.
the
of
Principal and in¬ held on Nov. 1 the voters
ap¬
terest payable at the Commerce
proved the issuance of $2,956,000
Union Bank, of Nashville.
The construction bonds.
bonds are non-registerable as to
lvtJ.uvw„„.v
provement bonds, the balance of
Cisco, Texas
principal and interest. The apan original issue of
Bond Tenders Accepted — It is
$160,000, dated proving opinion of Chapman &
July 1, 1922. The bonds will be
Cutler, of Chicago, will be fur- stated by the City Secretary that
redeemed at par with accrued in- ! nished
in connection with the call for ten¬
the
purchaser
at
the
terest at the Chemical Bank &
County's
expense.
A
certified ders on Oct. 28, the city purchased
Trust Co., New York City, fiscal
check for $15,000 payable to the $14,400 water works and sewer
agent for the said issue. Interest
system revenue
refunding, and
County Trustee, is required,
ceases on date called and all cou$8,450
refunding,
Series
1941
Jonesboro, Tenn.
pons subsequent to that date must
bonds, at a price of $91.00.
Bond
be attached to the bonds when
Offering—Mayor Robert
Coleman County Road District
M. May will receive sealed bids
presented for payment.
No. 4 (P. O. Coleman), Texas
until 10 a.m. on Nov. 21 for the
Bond Offering — W. E. Allen,
SOUTH DAKOTA
purchase of $40,000 not to exceed
Attorney,
will
receive
4% interest water works combi¬ County
Bryant School District, S. Dak.
sealed bids until Nov. 17 for the
nation tax and
Pittsburgh.
Upper St.- Clair Township School
District (P. O.
R. D. 2,
Oct. 21, as follows: $2,000 from
1950
15, 1957, upon 30
days'
Ruffin,
of
because
Co., at
Grande, Puerto Rico
$1,000. Due on Oct. 15, as follows:
$12,000 in 1952; $6,000 in 1953 and
1954, " and $5,000 from 1955 to
after Oct.
Rate
that
turbance in the
Jan. 1, from 1952
on
incl.
ported
Cancelled—It is
interest cost
offered at public auction on Nov.
3—v. 166, p. 1627—were purchased
or
1,
Sale
the
RICO
6,000 street improvement bonds.
Due serially on Jan. 1, from
on
Jan.
be in multiples of J/4 of 1%.
Buscaglia,
Treasurer
of
Puerto Rico, is calling for pay¬
ment on Jan. 1, 1948, on behalf of
the Municipality of Rio Grande,
a total of
$48,000 5%% public im-
Johnson, Union Trust
terest in inverse
Details—In
Dated
$50,000
1966
bid
Building, Pittsburgh, are offering
for general subscription an issue
of $119,000 1%% bonds at prices
to yield from 1.10% to 1J75%, ac¬
cording
to
maturity.
Coupon
bonds dated Oct. 15, 1947, registerable as to principal. Denom.
'
Bond
of
to
Rafael
Voted—The
reported
as
Due
more
Rio
Bond
tion held
Scranton, Pa.
Bond
Dec.
on
of the bonds and another rate for
PUERTO
the bonds
OKLAHOMA
Enid
bonds.
pon
price of 101.00, a basis of 2.397%.
Dated Oct. 1, 1947. Interest A-O.
from 1953 to 1962, are optional on Due on Oct. 1, as follows:
$2,000
Oct. 15, 1952.
in 1949; $1,000 in 1950; $2,000 in
1951; $1,000 in 1952; $2,000 in 1953;
Plymouth Township School District
$1,000 in 1954; $2,000 in 1955;
(P. O. West Nanticoke), Pa.
$1,000 in 1956; $2,000 in 1957; $1,eral election
a.m.
Interest J-J. Denomination
the gen¬
Nov. 4 the voters
on
11
revenue
Edgemont Township Sch. Dist.
(P. O. Edgemont), Pa.
bid for either
issue, but split rates
on a single
Principal and interest pay¬
The approving
1967, incl.
opinion of Gus J. Salomon, of
Portland, to be furnished the pur¬
interest in multiples of lA of 1%.
Bids may be made separately for
each
Centred Lincoln
Peoples Utility District (P. O.
Newport), Ore.
—v.
.90,000 sewer bonds. Due on Dec.
15
as
follows:
$4,000 from
1948 to 1962, and $3,000 from
J-D.
OREGON
Lincoln County,
;-,v.
approve
bids until
9 for the purchase of $750,000 not
to exceed 3% interest school cou¬
Not Voted—At
not
and
on
-
the issuance
$250,000 school bonds.
the bonds authorized
are
•%
:
eral election
$8,000 as
23/is, maturing $3,000 in 1960,
and $5,000 in 1961.
These
bonds tendered.
both inclusive.
1960,
..i
sealed
are
the bonds
election held
an
on
Aug.
26.
Principal and interest payable
at a place designated by the pur¬
Bids
are
to
be
in
mul¬
of 1%. The District
will furnish the approving opin¬
tiples of
Vs
ion of any
recognized market at¬
torney of the purchasers' choice,
and the printed bonds, and will
be delivered at any bank desig¬
the purchasers, in about
without cost. A certified
$700 payable to the
District, is required.
nated by
60 days
check
for
58)
■
Midland Independent Sch. Dist.,
v
ette
County
■■
Housing
<
.
-i,-" vy
1
Authority,
Pa.; $1,430,000 Memphis Housing
Authority, Tenn.; $1,602,000 New¬
port News Redevelopment and
Housing Authority, Va.; $2,653,000
Oakland Housing Authority, Cal.;
Texas
$250,000
purchased
recently by Rauscher, Pierce &
Co., and Crummer & Co., Inc., of
TTexas, both of Dallas, jointly, at $1,511,000 Portsmouth Dedevelopment and Housing Authority, Va.;
a net interest cost of 2.94%. These
$2,882,000 Providence Housing
are the balance of the $1,000,000
issue authorized
at an election Authority, R. I., notes, at .85%;
and $623,000 Alexandria Housing
field on May 24.
Authority, La.; $378,000 Anaconda
Midland, Texas
Housing Authority, Mont.; $208,Bond Offering—J. C. Hudman,
000 Darling County Housing Au¬
City Secretary, will receive sealed thority,
S.
C.;
$295,000
Fort
Bids until 4 p.m. on Nov. 18 for
Wayne Housing Authority, Ind.,
Hie purchase of $1,260,000 bonds and
$434,000 Kern County Hous¬
as follows:
ing Authority, Cal., notes, at .86%.
Bond Sale—An issue of
construction bonds
was
$750,000 water works bonds.
200,000 sewer bonds.
improvement
street
200,000
Central
The
Bank &
Hanover
Trust Co., of New York, was the
successful
bidder
for: $602,000
K'
bonds.
FINANCIAL
&
COMMERCIAL
THE
(1940)
.v.-;
CHRONICLE
i.
ion of Wood, King & Dawson, of
New York City, will be furnished
the
purchaser free of charge.
Monday, November 10, 1947
»\
.
Bond Numbers
A
1
to
100
Jan.
1, 1955
101
to
300
Jan.
1, 1956
301
to
600
Jan.
1, 1957
601
to
1000
Jan.
1, 1958
1001
to
1400
Jan.
1, 1959
general
1401
to
1800
Jan.
1, 1960
election on Nov. 4 the voters approved%bte issuance of $750,000
1801
to 2200
Jan.
1, 1961
check
certified
for
2%
the
of
bonds bid for, payable to the City
Treasurer, is required.
Warwick County (P. O.
'
'r
Bonds
Denbigh),
Virginia
the
Voted—At
Rate of interest to be expressed
construction bonds.
school
in
multiple of V\ of 1%, Prin¬
cipal and interest payable at the
WASHINGTON
principal office of the Trustee,
Aberdeen, Wash.
or at the fiscal agent of the State
Bond Election—At an election in New York City (Chemical Bank
to be held on Dec. 6 the voters & Trust Co.). The approving opin¬
will consider the issuance of $175,- ion of Chapman & Cutler, of Chi¬
000 public safety building bonds. cago, will be furnished.
Enclose
V'.-.
X
a certified check for $200,000, pay¬
Longview, Wash.
able to the Toll Bridge Authority.
Bond Offering—Sealed bids will
The Authority is of the opinion
be received by the City Clerk un¬
that funds derived through sale
til 8 p.m. on Nov. 13 for the pur¬
of this issue will be sufficient to
J
a
.
.
'
Election
Bond
to
Juture
Voted—On
Bonds
Pending
—
An
election will be held in the near
submit for the voters'
an issue of $1,000,-
consideration
the
27
Oct.
tain said
the
the
School
Board
ap¬
proved the issuance of $1,800,000
County
school bonds.
$00 road bonds.
Henrico
Seagraves,
Bonds Voted
—
Texas
At
an
the issuance of
$150,000 swimming
pool bonds.
Bond
construction
fered
series
School
Nov. 5—v. 166, p.
on
Sale
District,
Texas
Details—In connec¬
ly,
as
2V4S, at
basis
of
construction bonds to William N.
1947.
Worth, as
reported in our Oct. 20 issue—
v. 166, p. 1628—we learn that the
Bonds were sold at par, a net in¬
terest cost of 2.14%, as follows:
$212,000 as 2s, maturing on Jan.
T5, as follows: $18,000 in 1948,
$19,000 in 1949 and 1950, $20,000
in 1951, $21,000 in 1952 to 1953,
$22,000 in 1954, $23,000 in 1955,
$24,000 in 1956, $25,000 in 1957,
©nd $138,000 as 2Vis, maturing on
Jan. 15, $26,000 in 1958, $27,000 in
1959, 28,000 in 1960 and 1961, and
$29,000 in 1962. Bonds maturing
from
1949
a
Interest
Edwards & Co., of Fort
1958
to
of¬
bonds
1532—
purchased by F. W. Craigie
& Co., of Richmond,
and R. S.
Dickson & Co., of Charlotte, joint¬
tion with the sale of the $350,000
in
A
were
Seminole Common Consolidated
Bond
Sanitary District No. 5
(P. O. Richmond), Va.
Sale—The $675,000 sewer
election
field recently the voters approved
1962,
are
optional
for
prior payment
on July 15, 1957, at
and accrued interest. Prin¬
cipal and interest payable at the
account
reserve
County Board of Supervisors and
price of 100.26, a
2.225%.
to
Dated
M-N.
1977
Nov.
1,
The
bonds, which sum
may only be used to make up any
deficiency in the bond redemption
fund in case any such deficiency
ever
show
interest
witz, of Seattle.
fied
check for
Sale—An
refunding
chased
issue
bonds
be
by
Wash.
Election—At
held
on
consider
Dec.
an
2
voters
issuance
the
jail building
of
bonds.
Bond
to
be
Election—At
held
on
Dec.
an
2
election
the
voters
will consider the issuance of
000
water system
$100,-
bonds.
of
was
$135,pur¬
a
Offering—J.
Bond
Secretary
of
the
sealed
receive
bids
shall
not
W.
until
ranking
on
a
source of payment is subject
priority in favor of the bonds
hereby offered.
The
resolution
and
to
authorizing this issue requires that
the maturity of all such additional
bonds
shall
be
subsequent to all
outstanding and
provides for a sinking fund for in■erest, accumulations for interest,
other bonds then
creation
and
of
bond
a
fund for all such additional bonds.
Said resolution contains covenants
that the tolls and
paid into
a
of
to be
revenues
sinking fund for
such
additional
pay¬
bonds
greater than that pro¬
portion of the total available tolls
no
and
revenues
the
retirement
outstanding
bears
of
used and
such
the
to
of
all
which
WEST
will
a.m.
bonds
outstanding.
VIRGINIA
W.
Va.
ly authorized issue of $85,000 will
be sold to finance construction, of
Treasurer's
office.
Dated
National
a
They will bear interest
exceed 2%,
be dated
1, 1948 and mature serially
years, according to advices
John
D.
Campbell,
City
bridge.
at
not
July
in
19
from
to
Clerk.
—
Bond Offering—A. M. Hamil¬
Housing Authority ton, City Clerk, will receive sealed
Local Housing Authority Notes bids until 2
p.m. on Nov. 17 for
Awarded—At the offering on Oct. the
purchase of $307,000 not to
28 of the $39,740,000 temporary exceed
6% interest airport coupon
loan notes—v. 166, p. 1628—a total bonds. Dated Dec.
1, 1947. Inter¬
of $30,764,000 notes were awarded est
J-D.
Denomination
$1,000.
to the Chemical Bank & Trust Co., Due on Dec.
1, as follows: $13,000
of New York, heading a large from 1948 to
1951; $14,000 from
group of banks in many cities. 1952 to 1955; $15,000 from 1956
Federal Public
The
notes
are
described
as
fol¬
lows:
$1,025,000 Buffalo Munici¬
pal Housing Authority, N. Y.; $4,-
043,000 Chester Housing Author¬
ity, Pa.; $9,028,000, Eighty-third
Series,
and
$2,672,000,
Series, Detroit,
Eightyfourth
Housing
Authority, Mich.; $1,980,000 Fay¬
premium of 3% if called for re¬
demption on or prior to Jan. 1,
1954; 2V2% if called for redemp¬
tion after Jan. 1, 1954, and on or
prior to Jan. 1, 1958; 2% if called
for redemption after Jan. 1, 1958
and on or prior to Jan. 1, 1961;
and without payment of any pre¬
mium if called for redemption on
July 1, 1961, or at any time there¬
1958; $16,000 from 1959 to 1961; after and prior to maturity; pro¬
$17,000 from 1962 to 1964; $18,000 vided, however, that redemption
in 1965 and 1966, and $19,000 in of bonds numbered 1 to 2200, in¬
1967. Principal and interest pay¬ clusive, may also be accomplished
able at the office of the City upon terms of par and accrued
Treasurer. No bid for less than interest without premium on the
par and accrued interest will be following optional dates, respec¬
considered. The approving opin¬ tively;
Hancock
New
Defeated—The
of
County Court states that the
following bonds totaling $2,950,000 were rejected by the voters
at the election held on July 22:
$1,750,000
$1,200,000
public building, and
school construction
bonds.
WISCONSIN
Eau Claire.
furnished
the
was
the
Continental
Illinois
Na-
tional Bank & Trust Co., Harri*
man
Ripley & Co., Inc., William
Blair & Co., Kebbon, McCormick
&
Co., and r Channer Securities
Corp., Chicago, jointly, for 13/4S, at
101.33.
•
^
,ri *
COLUMBIA
BRITISH
I
New Westminster, British Columbia
Debenture Sale — The $840,000
debentures
offered
Oct.
on
30
1404—were purchased*
by
the Bank of
Montreal, of
Montreal,
and
McMahon
and
Burns, of Vancouver, jointly, at
98.601, an average basis of 2.319%,
166,
—v.
p.
follows:
as
$398,000 3% school, fire hall and
old age home debentures.
224,500 2%% school, fire hall and
old age home debentures.
217,500 2V2% school, fire hall and
old age home debentures.
Dated
M-N.
Nov.
1, 1947.
Interest
Principal and interest pay*
able in Canada.
Vancouver,
B. C.
Debentures Offered for Invest¬
ment—A
headed
by
Ltd., > and
Co., Ltd., is
subscription
2V2%, 23A%
and 3% non-callable debentures,
priced at 100.00 and interest. Cou¬
pon bonds in $1,000 denomination,
registerable as to principal. To
be dated Nov. 1, 1947. To mature
serially from Nov. 1, 1948 to 1972,
incl. Principal and interest (M-N)
payable in lawful money of the
Dominion of Canada at Victoria,
Vancouver; Edmonton, Winnipeg;
Toronto, Montreal or Halifax, at
the holder's option. Subscriptions
will be received subject to the
approving legal opinion of Man¬
ning, Mortimer and Kennedy, To¬
ronto. It is expected that defini¬
syndicate
Fairclough
&
Co.,
Cochran, Murray &
offering for general
an issue of $2,859,000
tive debentures will be
for
delivery
available
about Nov. 17,
on or
1947.
Nov.
1
ONTARIO
(Province of)
Ontario
Debentures Offered
for Invest¬
ment—A
syndicate headed by The
Wood Gundy Corp., Ltd., and McLeod, Young, Weir & Co., Ltd., is
offering for general subscription
a
new issue of $25,000,000
2%%>
debentures at a price of 100.00 and
interest. Denomination $1,000. De¬
bentures may be registered as to
principal. To be dated Nov. 15,
1947. To mature on Nov. 15, 1969,
whole but not in
Redeemable
as
part
days'
30
on
interest date
a
notice
on
any
after Nov.
15,
1965, at 100 and interest. Princi¬
pal and interest (M-N 15) payable
in lawful money of Canada in
on
or
or Montreal, at the hold¬
option.
Legal
opinion
by
Daly, Thistle, Judson & McTaggart, of Toronto. In the opinion
er's
of
counsel, these debentures will
be direct
obligations of the Prov¬
ince of
Ontario, and principal and
interest will be payable out of
the
Consolidated
Fund
Revenue
The proceeds of
5—v.
*
,i
■
.5
Welland, Ont.
166,
purchased by a
composed of the First
National Bank, of Chicago, J. P.
Morgan & Co. Inc., and the First
of Michigan Corp;, both of New
York, as l3/4s, at a price of 101.658,
-
referred to in The Ontario
Loan Act 1947.
Bond Sale—An issue of
1732—were
syndicate
Bank,
The purchaser will be
with
approving
opinion of Chapman & Cutler, of
Chicago. The next highest bidder
poses
p.
May 1, 1947,
Interest
Principal and interest pay¬
able at the Union National
this issue will be used for the pur
Eau Claire, Wis.
Bond
Sale — The
$1,320,000
on
J,
Dated
M-N.
of the Province.
bonds offered
improvement
Toronto
Clerk
the
to
>
County (P. O.
Cumberland),
Virginia
West
Bonds
a3
Due serially on May
from 1948 to 1967 incl.
bonds
of
$14,000,000 Tacoma Narrows
Toll Bridge Revenue bonds. Dated
Bank, of Charlottesville, Jan.
1, 1948.
Interest J-J.
De¬
July 15, 1947. Interest J-J. Ap¬ as
2V2S, at par. Dated Nov. 1, 1947. nomination $1,000.
Due Jan. 1,
proved as to legality by McCall, Interest M-N. Due
$15,000 on Nov. 1978. Bidders
may specify the re¬
Parkhurst & Crowe, of Dallas.
1, from 1961 to 1969, callable on
demption terms and provisions;
Wood County (P. O. Quitman), Nov. 1, 1957. Principal and inter¬
however, the Authority has con¬
est payable at the Central Han¬
Texas
sidered
as
acceptable that
the
Bond Election
At an election over Bank & Trust Co., New York.
bonds be optional for redemption
to be held on Nov. 15 the voters The bonds are approved
as
to
prior to maturity on any interest
will consider the issuance of $1,- legality by Wood, King & Dawson,
payment date on or after Jan. 1,
000,000 road improvement bonds. of New York.
1951, upon terms of par and ac¬
crued interest,
together with a
Newport News, Va.
UNITED STATES
State
on
street
bonds.
principal
Bond Issue Details—The recent¬
(PST)
1.584%
incl.
1967
420,000
then
Dec. 2 for the purchase
par
of
$900,000 school bonds. Due serial*
ly on May11, from 1948 to
principal
the
additional
Elkins,
cost
applied for
aggregate
amount of all bonds
Hoover,
10
issued
be
the condition that the lien security
amount
Authority,
outstand¬
then
parity with the bonds hereby of¬
fered but may be issued only upon
shall be
Wash.
bonds
ing shall have filed a written pro¬
test, then such additional bonds
ment
South Cle Elum,
of
amount
reserve
election
the
Washington Toll Bridge Authority
(P. O. Olympia), Wash.
syndicate
composed of C. F. Cassell & Co.,
of Charlottesville, F. W. Craigie &
Co., of Richmond, and the Peoples
recently
of the amount
$25,000 municipal fire station and
Charlottesville,
Hopewell, Va.
Bond
the life
over
Enclose a certi¬
5%
Moses Lake,
Bond
Sons, O. F. Cassell & Co., Peoples
000
of
bid.
will
ginia, Richmond, jointly, for 2.40s,
at 100.57%.
paid
submitted
amount
Legality approved by
Thorgrimson & Horo¬
Preston,
Dawson, of New York City, will
be furnished the purchaser.
The
only
other
bidder
was
Scott,
Horner & Mason, Alex. Brown &
Bank,
be
to
bid
total
of the bonds and the effective in¬
to
Woody & Heimerdinger,
Widmann & Co., and Bank of Vir¬
the
terest rate.
ap¬
Walter,
Each
occurs.
shall
proving opinion of Wood, King &
National
main¬
of the
life
Due serially
incl.
will
and
therein throughout
sum
interest
follows:
Chicago Housing Authority, 111.,
CO,000 public building bonds,
notes, at .80 %; $2,000,000, Eightythird Series, Detroit Housing Au¬
30,000 drainage bonds.
Mich., notes,
at .82%;
These are the bonds authorized thority,
chase
$1,000,000 Chester Housing Au¬
[of $900,000 not to exceed accomplish all contemplated con¬
ait the election held on Oct. 4,
thority, Pa.; $1,000,000, Eighty- 2%% interest water revenue re¬ struction, however, the Authority
Mission Independent Sch. Dist.,
third
Series,
Detroit
Housing funding bonds. Dated Dec. 1, 1947. reserves the right to later issue
Texas
Interest J-D. Denomination $1,000.
Authority, Mich., notes, at .83%;
bonds in addition to those offered
Bonds Voted — At an election
Due Dec. 1, as follows: $29,000 in
$1,600,000
Providence
Housing
herein for purposes of:
(1) ob¬
field on Oct. 18 the voters ap¬
Authority, R. I., notes, at .84%, 1948, $30,000 in 1949, $31,000 in taining funds to pay the total costs
proved the issuance of $100,000 and
1950, $32,000 in 1951 and 1952,
$1,000,000 Oakland Housing
of construction of the bridge to
$33,000 in 1953, $34,000 in 1954,
^gymnasium-auditorium bonds.
Authority, Cal., notes, at .85%.
the extent that moneys received
The
Bessemer
Trust
Co., of $35,000 in 1955, $36,000 in 1956, from the sale may be insufficient;
totter County (P. O. Amarillo),
$37,000 in 1957, $38,000 in 1958,
Texas
Jersey City, was the successful
or, (2) for reconstructing, replac¬
Bond Offering—John W. Crud- bidder for $650,000 Buffalo Muni¬ $39,000 in 1959 and 1960, $40,000 ing,
extending, repairing, better¬
in 1961, $42,000 in 1962, $43,000 in
4gInton, County Auditor, will re¬ cipal Housing Authority, N. Y.,
ing, developing or otherwise im¬
1963, $44,000 in 1964, $45,000 in
ceive sealed bids until Nov. 13 for notes,
at
.84%;
and
$757,000
proving the bridge or any part
1965, $46,000 in 1966, $47,000 in
«he purchase of $750,000 not to Corpus Christi Housing Authority,
thereof. Any such bonds may be
1967, $48,000 in 1968, $49,000 in
exceed 3% interest hospital bonds. Tex., notes, at .85%.
issued to rank on a parity with
1969 and $51,000 in 1970. The city
The First Wisconsin National
These are the bonds authorized
those
hereby
offered
provided
reserves
the right to redeem any
at an election held on Aug. 23.
Bank, of Milwaukee, was the suc¬
notice of intention to so issue such
or
all of said bonds at par
in
cessful
bidder for the
$367,000
bonds is published in newspapers
inverse numerical order on any
Rusk, Texas
Milwaukee
Housing
Authority,
of general circulation in Seattle,
Bond Sale—An issue of $200,000
interest
payment date on
and
Wis., notes, at .65%.
Chicago,
111.,
and
New
after seven years from date of is¬ Wash.,
water and sewer bonds was pur¬
sue.
The city has provided by York, N. Y. If within 30 days fol¬
chased
recently
by
Rauscher,
VIRGINIA
lowing the completion of such
ordinance that on or before the
3Pierce & Co., of Dallas.
Brunswick County (P. O. Law*
date of delivery of the bonds it publication, the holder or holders
Rusk County (P. O. Henderson),
renceville), Va„
will pay the sum of $60,000 into a of at least 15% of the principal
Texas
net
a
Dates
(Inclusive)
2%
$60,000
improvement bonds was re¬
cently purchased by Wood, Gundy
&
Co., of Toronto.
due
on
Oct. 1,
inclusive.
The bonds are
from 1948 to 1962
@FedFRASER