View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BUS. ABM.

LIBRARY

MONDAY

14 1943,

NOV-

Reg. U. S. Pat. Office

Volume

170

Number 4855

New

RAILROAD
i

York, N. Y., Monday, November 14, 1949

PUBLIC UTILITY

-

INDUSTRIAL

-

Price 75 Cents

INSURANCE

-

Acme Steel Co.—New Chairman Elected—
Chester M. MacChesney, Executive
Vice-President, has been elected

Chairman of

the Board

succeed

to

the late

Charles

S.

Traer.—V.

In This Issue
Admiral Corp.—Stock Distribution

'

Ross

D.

Nov.

on

Siragusa,

9

2,000,000
Mr.
as

Siragusa
100%

a

The

be

from

said

stock

not

1.000,000

1,000,000

Stock

quoted

to

the

said

that

the

authorized

will

be

stQck

Nov.

on

distribution

of

10

ruled

until

Dec.

on

record

that

Dec.

7,

1949.

the

1949.—V.

8,

Akron Canton & Youngstown

-

Gross

from

Net

from

Net

ry.

1949

railway

;•

$370,628

railway

169,105

114,618

Gross

from

Net

ry.

railway—^
railway-,.,

from

Net
—V.

170,

3,549,117
398,170

49,609

63,6U

3.819,023
1,203,396

572,246

1389.

p.

September—
Gross

from

Net

ry.

railway—.

$1,416,703

railway-

from

Net

1948

362,191

oper.

323,487

188,744

159,880

78,420

from

Net
Net

ry.

railway
railway-

from

—V.

13,706,759

11,961,806

2,591,078

3,734,302

2,486,488

10,632,281
1,361,135

1,123,757

1,992,865

1,199,969

1289.

p.

Allied Laboratories, Inc.—Extra Distribution—
The

directors

share

and

both

payable

makes
in

$1

the

1948

declared

iu

extra

an

28

of

$1.15

stockholders

to

share

per

which year no

3 Mos. End.

Oper,,

geophysical,

15

per

14,

in

1949,
disbursed.—V. 170,

p.

,

-V

1948

1947

income

.velop.

217,196

.260,751

242,478

132,524

$7,462,217

Combined Condition

$5,202,670

r

Federal

„

fdepl.

&

and
Net

aband.

4,761,767

income

Earnings
—V.

leases

expired

170, p.

$3,231,191

3,602,514

r$5,733,979

$2.05

——

$3.64

share..

per

4,734,375

Reserve

change
Of
1

the

to

and

1, 1949; due Nov. 1, 1964.
listing of the debentures

the highest qualified

corporation

for

their

registraticn

1934.

;■

under

the

the

7

r

As

and interest.

par

Corporation
on

will make

New

York

March

on

Securities

offices
The

PURPOSE—The net

In

bidder.

18,

gates $3,000,000,
New

of

York

exclusive of

and

New

interest.

The

Marine

Midland

Trust

used

were

prepay

Co.

York

on

March

8,

1949

term

a

bank

loan

of

the

Amra

1949,

Under

be

1949.

be

became

consolidation
v

liable

of

for

Amra

the

notes

Corp.

.

into

of

the

Amra

Corp.

materials

sales

of

purposes, primarily working capital
from suppliers
and
accounts

CAPITAL

result

March

be

&

proceeds

to finance

for

consolidated

was

corporation

being

GIVING

EFFECT

TO

THIS

sinking fund

the

and

a

stockholder

demanded

who

payment

HISTORY
York

Jan.

9.

Corporation
business
in

1906

1938,
In

AND

of
and

the

under

formed

taken

to

his

the consolidation

shares.

stock

the

for

to

name

the

Magneto Co.,
over

corporation's

by the
name

with

535,882

This

Alien

was

with

reduced

Amra

the

Corp.

number

Light

with

of

had

Bosch

of

Magneto

New

Corp.

acquiring
been

the assets and
formed In New York

Property Custodian

changed

in

to

in

1918.

In

American

common

stock

of

the

corpora¬

representing 77.37 fir of the total outstanding stock of the
corpo¬
ration, which had been vested by the Alien
Property Custodian in 1942
and thereafter under the
authority of the Trading with the Enemy
Act, as amended, and offered at public sale by the
Attorney General




Nov.

Light

Co.,

at

23, 1940, will
before Dec.-12, 1949, to 276,805
share for each lo shares held.

Conger

shares

Power

certain

dismissed

will

Power

be

will

will

the

the

objections

Light

reclassified

into

all

82%

of

of

its

and
the

assets

Oregon.

assets

in

Montana

Florida

to

PoWer

Power Co.

American's

common

single class of
among its shareholders.—V. 170, p. 1798.

to be divided

of

stock,

18%.

holdings

Co.,

distribution,

common

Washington

getting

American's
&

and

distribute
in

receive

stockholders

Include

After

preferred

subsidiaries

common

will

Co..

Power

shareholders

Cc„-Minnesota

Utilities

a

and

and

common

Writing Paper Corp.—Earnings—
1949—3 Mos.—1948

1949—9 Mos.—1948

$6,134

t$69,363

t$23,876

$0.02

Nil

Nil

and Federal income taxes.

had

office

been

tNet loss.—V.

t$101,383
Nil

170, p. 977,

Sales

'

.

-

manufacture

,

"

,

-

of

sale

and

expenses,

aviation

taxes

equip¬

on

1,090,934

The

to

$8,158,945

p.

A

plan

of

292,181

424,300

$1.60

outstanding.

$Pro

forma.

In¬

after

&

Arch

can

existing

Co.

sales

The

year.

the

Rubber
with

of

the

65%

efforts
that

its

arch

of

would

thereupon

be

to

effect

The
for

nine

pared

Refsnes,

for

companies
months

with

sponding

net

period

had

to

Sept.

income

last

assets

of

30

Associated Dry

letter

of notification with the SEC for
to be offered at $15 per share
Rights expire Nov. 23.
Issue is

stock,
8.

Beck

&

Co.,

Phoenix, Ariz.
Proceeds
improvements.—V. 170,

additions and

Goods Corp.—Quarterly

reported

bv

Oct. 30.'48

Sales Off—

Months Ended-

Oct. 29,'49

Oct. 30,'48

sub.

companies

$34,122,241 $37,550,817 $98,511,809 $104,266,703

170,

1290.

p.

September—
Gross
t

from

Net

from

Net

ry.

1949

1948

1947

1946

$343,488

$382,392

$356,170

$373,930

53,416

railway—_

64,674

68,362

*66,450

railway

oper.

income—

3,586

15,742

13,305

32,149

3,022,730

3,425,792

3,028,715

2,992,584

4)80,075

626,432

413,303

288,926

1 8,769

151,597

7,180

132,655

From Jan. 1—

Gross

from

from
ry.

railway—_

railway

oper.

income

a

with

merger

Union

St. Louis listed and Unlisted Securities

terminated

at

the

end

of

this

Edward D. Jones & Co.

per

of

$5,761,588

was

$552,132,

year.—V.

Ely,

construction,

Established

the

two

Nov.

previously supplied Ameri¬
brie, had notified it that the

approved

liquidating dividend of $32.50

under

by

used

a

common

record

had

a
liquidation plan.
share would be paid out initially
program on or about Jan.
15, 1950, and the proportionate
interests in American Arch Co., Inc. of New York would be distributed
about 30 days thereafter.
The disposition to be made of the New York
corporation is to be taken up by the directors and stockholders later.

A

par)

of

•Deficit.—V. 170, p. 1350.

firm

arrangements

directors

be

Net

this

failure

Co.,

to

Net

company, calling for the distribution
of a proportionate interest in American
Arch Co., Inc., of New York, a
wholly-owned subsidiary,, to stockholders in the parent company, will
be submitted to the stockholders at a
special meeting on Nov. 29.
.J. D.
Brandon, President,
explained in
a
letter
to
stockholders
soon

$7,052,973

Atlanta & West Point RR.—Earnings—

1,239,400

(Del.)—Plans to Dissolve—

for

1949—9 Mos.—1948

$6,525,657

"

1798.

—V.

$1,825,194

f

dissolution

-

18,612,473

1693.

American Arch Co.

($5

underwritten

store

$21,969,248

6,964,153

etc

$0.58

shares

shares

stockholders

are

p.

Oct. 31 filed

company

20,000

Sales

Oct. 9, 1949

—

common

$1,055,476

.

Oct. 29, *49

$661,936

per common share

'

f

tJan. 1, thru

income—_

on

$728,860

'

-Quarter Ended-

STATEMENT

_

Federal

1490.

■

EARNINGS

—

admin,

170, p.

Arizona Edison Co., Inc.—Common Stock Filed—

head¬

108,556

selling,

1949—Month—1948

—.J

—V.

wholly-

a

sales

and

31-U

period End. Oct.

.

,

executive

—

170,

that

incorporated

which

the

June 20 thru

for

•♦Based

Asbestos
was

American

purpose

which

shares of Class B

tion,

.

all

I

1,090,914.

Gas

record

Angerman Co., Die.—Oct. Sales Again Decline-

the

cluding subsidiary, Arma Corp.; from March 18, 1949, and combined
its predecessor, Amra
Corp., from Jan. 1 through March 18, 1949.

*1,090,914 shs.

Judge

American

♦Net
profit—
.
Earnings per share—

with

Bosch Corp.
July, 1948, Amra Corp. acquired from the
Attorney General of the

United States

r

sales

♦Earnings

20,281 shs.

2,000,000 shs.

BUSINESS—Corporation

1919,

was

Bosch

for

Corp.,
v

principal

Net income

$4,000,000

*

objected

common

•

.

Cost of sales,

—V.

Outstanding

(Wis.)

of

1949 the System inputs of subsidiaries of
227,856,000 kwh., an increase of 578,000
week of last year.

American
of

preferred

American

surviving

acquired

will

♦Excluding 14,380 shares held in treasury. Subsequent to Sept. 11,
1949, the corporation acquired an additional 20 shares
of common stock

outstanding shares of

,

Depreciation

FINANCING

31,689 shs.

par)—

par)

corresponding

Period End. Sept. 30—

at

(

cumulative pfd, stock ($100
Common stock ($2 par)—

from

Net

of

18,

from

$4,000,000

debentures

5%

plan,

plan,

exception

distribution

stock,

Oct. 9, 1949

customers, etc.

SECURITIES

corporation

Period—

purchases

resulting

plant,

the

Arma

CONSOLIDATED

gen¬

Authorized
3%%

the

rof
owner

the

preferred

engine fuel injection equipment, which currently accounts for

Provision
used

of

tion's business consists of the

'

the

receivable

products to

a

on

■

After prepayment of the bank loan, the balance of
added to the corporation's general funds and will

of

as

corporation

...

eral corporate

Ogle,

distributed,

Texas

Springfield,' Mass. It maintains branch sales
in Chicago,
Cleveland, Detroit, New York and San Francisco.
corporation is engaged principally in the manufacture and sale

ment

poration in unpaid principal amount of $2,000,000, exclusive of
interest,
and two term bank loans of Amra
Corp. in unpaid principal amounts
$1,335,000 and $3,250,000, respectively, exclusive of interest.
The

the

the

The

46

Corp.

the

consolidation,

stock

located

cor¬

of

corporation

approving

with

approximately 50%. of total sales, and of automotive electrical equip¬
(principally magnetos, voltage regulators, electric windshield
wipers, generators and ignition) coils), which
currently accounts for
approximately 48% of total sales. The remaining 2%. of the corpora¬

was-

to

Milwaukee
(no

reorganization

the

Lane

ment.

Trust Co. participate
equally in the bank
made to the corporation, on March
18, 1949.
The
proceeds of the bank loan, together with other funds of the
corporation

which

loan,

the

capital

are

of Diesel

proceeds (approximately $3,880,200) will be used
to prepay the outstanding five-year 3Va%
serial term bank
evidenced by promissory notes of the
corporation, which aggre¬

part

loan

of

corporation's

quarters

Exchange Act
./

'

10

shares,

Reorganization Approved—

for

Statement of Federal

subsidiary of Amra Corp.

The

Ex¬

result

a

owned

appli¬

Stock

acquire unsubscribed

"

outstanding

Nov.

plan

American's

$1.72

781.

sinking fund debentures at

sub¬

each

being without merit.

$3,8597703 "$2,717,386

3%%

for

for

3,

to

the

over

as

company.

Dated

amounted

0.25%,

or

♦After charges

American Bosch Corp.—Debentures Offered—Allen &
Co. (as sole underwriter) on Nov. 10 offered
$4,000,000

cation

share

new

Edward

2,485,284

$2.45

of

stock

common

Public

33

System

one

stock*

rights to

qf the company to comply with the
Utility Holding Company Act was approved Nov. 9
by Judge
Conger in Federal District Court for Southern New York.
Judge Conger is e; :pected to sign
the formal reorganization
order
within a :'ew days.

34

...

deprec.,

costs,

A

Reserve Banks
L_.—.46
Condition Statement of Member Banks of

de-

to

right to subscribe on or
shares in the ratio of one

Plan of

34

Redemption Calls and Sinking Fund Notices_4£
Dividends Declared and Payable
J
.46
Foreign Exchange Rates
45

$5,070,146

$7,992,958 $10,468,354

—

drilling and

$7,219,739

of

addi¬

an

Common

given

offering will bs determined by com¬

the

company

kwh.,

Miscellaneous Features

4,799,864 ,..3,398,412

,

$7,775,762 $10,207,603
,

income

6,657,771

stock

common

of

.....

5,259,692

income

Total

Intang.

this

39

General Corporation & Investment News.Cover
State and City Bond Offerings
52
The Course of Bank Clearings
43

geo-

rentals, taxes, etc.

Operating
Other

the

For the week ended Nov.

In

logical & admin, exps.,
lease

the underwriters

H.

$8,468,558

rate

par).

be

American Power & Light
Co.—Weekly Input—

;

This

1946

$13,035,454 $16,865,374 $12,019,603

the

(no

would

for plus such shares
of
common
stock
(not in excess
27,680) which may be purchased by the
company in connection with
The subscription price is to be determined
shortly
before the offering is made.—V.
170, p. 1798.

share,

"

at

Nov.-23

unsubscribed

42

685,

stock

common

The terms'of the

41

against

as

its

about

stabilizing activities.

per

1949.

payable

until

financing proposal

of

National Quotation Industrial Stock Averages.33
cents

cents

(& Subs.)—Earnings—

1949

income

of

25

Dec.

record

or

extra was

Sept. 30—

oper.

of

of

paid

Amerada Petroleum Corp.
Gross

dividend

regular quarterly dividend

Dec.

total

a

have

usual

of

offered

38

—

:

stock

addition, stockholders will also be entitled to make additional
subscriptions, subject to allotment, for such shares as shall have been

37

Over-the-Counter Markets
Transactions New York Stock Exchange..
Transactions New York Curb Exchange
Stock and Bohd Averages
(Dow-Jones)

350,075

income.

oper.

170,

12,043,666

of
or

stock

new

holders

additional

38
-

Interested persons

gave

common

In

36

Toronto Stock Exchange—Curb Section

From Jan. 1—
Gross

Exchange..

Stock

Montreal Curb Exchange.—-,
Toronto Stock Exchange

$1,201,536

274,637

be

35

Exchange
Montreal Stock Exchange

1946

$1,423,308

476,117

-

144,412

income..

1947

$1,614,850

Francisco

SEC

($12).-

The

:

35

San

RR.—Earnings—

1949

shares
par

34

35

St. Louis Stock

Alabama Great Southern

.

the

j Proceeds of the financing will be used for corporate purposes, In¬
cluding the purchase of an additional 142,357 shares of the common
stock
of
Michigan Consolidated Gas Co. at par ($14)
and 250,000

.--34

Exchange.

the

for

petitive bidding,

Stock Exchange

7

hearing upon the

a

shares then held.

Los Angeles Stock Exchange...
-_______35
Philadelphia-Baltimore Stock Exchange
___36
Pittsburgh Stock Exchange
36

243,552

' 3,016,710

announced Nov.

request

previously reported, American proposes to issue and sell

scribe

Page

Detroit Stock

614,688

849,853

,...

:v.'

Cincinnati Stock Exchange.
Cleveland Stock Exchange

$393,542

-

4,396,487
1,673,670

884,164

income

oper.

- ■"

Stock Exchange.i
Chicago Stock Exchange

r

111,195

82,003

,

.'7

to

276,805 shares
holders of record on

(Stocks)
13
New York Stock Exchange (Bonds) .v——25
New York Curb Exchange
29

1946

$403,926

43,628

7 ' '

'

.

Boston

1947

From Jan. 1—

.

; '

New York

170,

$483,440

97,488

income

oper.

1948

7

i

.•

RR.—Earnings—

"

September—

;
■

capital

1797.

p.

As

1949,

21,

Nov.

Dead¬

Common Stock Financing—

on

tional

Slock and Bond Quotations

to

order

company.

stockholders

capital

issued

stockholders

Exchange

ex

announced

of

Hearing

on
an

frov.'15

Approved-

shares.

shares

distribution

York

New

stock

President, has
an increase
in

approved

shares

as

American Natural Gas Co.—SEC Sets Nov. 15
In

Copy

MISCELLANEOUS

-

line

170,

1589.

p.

a

170,

$355,774,
or

p.

$6.05

1797.

at

Sept.

or

$3.90

a

share,

Net

30.
a

income

share,

for

the

com¬

corre¬

1871

300 North 4th St., St. Louis 2, Missouri
Members
New York Stock

St.

Louis Stock

Chicago Stock Bxch.

Exchange
Exchange

Chicago Bd. of Trade
New York Curb Exchange Associate

Phone
CEntral

Bell

7600

Teletype

SL

593

2

(1910)

THE

Bangor & Aroostook RR.—EarningsPeriod End. Sept. 30—

Ry.

oper.

$517,892

income

48,172

ing

1948

sharer, of

of $1

7,369,420
1,720,386

*$39,068

$1,615,595
18,892

15,822

$15,592

$1,650,807

$1,985,710

46,389

438,101

417,741

•"$94,804

49,500

>

7,526

available

fixed

Fixed

charges
.'„

•Deficit.—V.

170,

*$144,304

$1,212,706

*$30,797

sell

the

the amount

remain¬

needed

regular quarterly dividend of 25 cents per
stock, payable Dec.
1
to holders of
record
165,

share

one

The 131,518 shares offered

the

on

Nov.

18

revenues

887,145

—.

for

General

$1,567,969

depreciation..

taxes

Federal

487,853

1,026,105

997,384

3,252,168

238,800

123,300

1,600,900

$810,537

—.

Income

$588,829

$3,840,501

taxes

On

the

sale

Public

Power's

1949—9 Mos.—1948

$7,993,765 $29,351,178 $27,620,453
5,055,983 .16,710,360
19,342,504
763,696
2,495,285
2,214.145
464,573
1,451,464
1,363,939

4,642,541

by the underwriting

common

Other

bids

for

of the

200,548

Service's

(& Subs.)—Earnings—

Nine Months Ended Sept. 24—

Gross

profit

from

depreciation
Provision

and

for

Gross
Other

1948

$11,331,862 $11,978,864
570,847
570,317

—

Net

administrative and
10,103,322

expenses

profit

ownership

175,500

income

150,676

the

bonds

2%s

as

Interest

charges

Provision

for

$1,408,565

348,135

188,054
454,179

—

,

Federal

income

taxes.

164,026

.income

$296,208

Minority interests in net profits of sub. cos

Preferred

.7,102

dividends

Operating
Operation

$715,936

150,000

'." 150,000

$0.24

$0.93

—.--v
share—————-

Earned
per common
—V. 170, p. 879.

-

$295,045

$0.57

$0.30

$3.58

$0.40

.

Kidder,

for

the

three

months
of

reflect

rate

$1,621,000

the

for

respective

revenues

....

—-

Depreciation
Federal

Other

...

and

income

►

1949

the

3,473,049
7,553,655

in

1,874,682

4,183,155

6 Months Ended

Net

income

Sept. 30—

'1949

sales

Net

Common
Earned

shares

per

taxes

7,283,843

9,842,516

$7,127,187

snare——.

•Includes operations

Corp.'

Rayon
<

of

...

i

however,

the

of

are at

company announced.
The new Coosa Pines filament

ating at 60%
of
capacity,
increase until the plant is in
the report.said.
;

$1.25

textile

holders
to

of

'

The

record

i,

Sept.

was

of

and

passed

25

cents

Sept,

•

•

.

rayon

stock

plant is

of

currently

operations

1949.

payable

The

of

each

to

made

were

cash

at

'

•

cents

31J/4
the

1949—Month—1948

"y<

■

ry.

Net

1,

June

/

-

Bell
On

1■

1949.

stock;

and

cents

the

1949—43 Wks.—1948

1.430

to

its

Associates)

oper.

Gas

cents

25

record

<

V "

Working
' J

;

54,543

6,180

90,802

52,933

1,024,143

1,111,888

1,216,038

*69,133

7,238

'66,408

shares
the

for;

4.25%

,

preferred

stockholders

common

under

by

of

subscription
the

of

and

quarter.

The

proceeds

stock

(other

•

170,

of

by the

in

1949—Month—1948
$

1590)

17

V.

170,

accrued

G.

Public

increase

basis,

it

in

Service

2,300,673

rates

announced

was

on

be

the

specific

rates

authorized.

fractories

Coolidge, Senior Vice-President
Co., has been elected a director

the

vacancy occasioned
Mr. Coolidge is also

of

the

Dollar

Savings

shortly."—V.

Gross

has

4.

But

is

it

170, p.

give

to

Co.

Prov.

the

-expected

170,

.

company

that

depreciation-^

plant

Int.

fill

Sept. 30,'49

Cost of

other

sales

income..,

and

other

,

Net

:

profit

Earnings
•Net

taxes

per

loss.

:

1,117,826

Ilncludes

$1,200,000 write-off of

the

'

4$ '■

Other

—V.

The

profit

'

____

-

Nil

previously

•

reported
Of this

work
of

company

reported

New

(net

orders
after

being performed

the

full

the

three

months

ended

Sept.

30,

amount

to

unfilled

orders

received

since

terminations).

under

be

letter

in

the

of

Sept.

first

of

backlog

contracts

included

figure also includes airplanes
livered.—V. 170,
1590.

as

the
The

which

definitive

1949,

was

not

certain

indicative"1

contracts.

substantially complete but

of

totaled

year

includes

are

deductions

not

The

yet

de-

Bridgeport Hydraulic Co.—Bond Issue—
Connecticut

P.

U.

Oct.

on

authorized

the

Brown Rubber Co., Inc.—Plans
Stock Dividend—
The

directors have voted to increase the
authorized common stock
from 300.000 shares of
$1 par value (251,100 shares
outstanding) to
600,000 shares of like par value, sublet
t,o

holders, at the
1950,
of

the

annual

meeting

directors also declared
to holders of record on
increase

in

764

562,959

(Cr)_r

1,405

24,113

$163,991
41,801

pfd. stock—

■\

;

179,587

$161,206

$2,897,934

41,801

on March

a

50%

April

capital'stock

stockholders,




by

15,

e^nroval

of

the

stock¬

21, 1950.

siock

aiviciend,

1950,

subject

regulatory

payable
to

the

authorities

May

15.

approval
and

the

plant

170,

$122,190
p.

$119,404

$2,396,328

balance
pro¬

loans.

calendar

in

the

GIVING

amount

of

Power

Co.—Securities

due

and ,1950

8,673,000

%

TO

PRESENT

j-

Oustanding
$232,000

"

12,196,000

I '

7

J

12,805,000

.

,1

3,981,000

*

,

.

"

1978

4,976.000
**:••• ■).*.-; '!

o/.;

5,000,000

1979

($100

par)

300,000 shs.

limit

imposed by charter

issue

and

sale

of

Public

Utilities

1935.

? ■' V

the

-

"■'>%>• 5,713 shs.

/

;_

or

220,000 shs.

2,500,000 shs.

2,177,459 shs.

indenture.\

series

Commission

ACTION

■

S

of

/

■
.

AND

to

all

-r;v

;

:

*

..

BUSINESS—Company

a

but

a

distribution

southern

Portland,

Maine,

Skowhegan,

and

an

its

requirements

about

serves

208,000

and

municipal

which

area

Portland,

Saco,

of

part

system

agricultural

Soutti

Biddeford,

field,

minor

very

Its

Bath,

includes

for

the

electric

domestic,

customers

in

9,169

industrial

centers "

Westbrook, "Lewiston, Auburn, Brunswick,
Gardiner, Augusta, Waterville, Fair¬

Sanford,

Belfast

and

Rockland

plantations.

This territory has
approximately two-thirds

and boots and

The

and

256

other

cities,

towns

population

nishes

steam

501,605

$2,302,829

!

furnishes
six

to

utility.

a

of

the

total

working,

shoes."

company

steam

' >

'

''

"

water

in

customers

.

two

but

1

;

small

does

:

:

-

,

-

communities,

not

hold

itself

and
out

fur¬
as

a

'

-.

FOR

BONDS—Halsey, Stuart

UNDERWRITERS

FOR

PREFERRED

Co.

&

Inc.,

Chicago.

STOCK

Blyth & Co.,. Inc..—

Over

.

W.

The 30,000 shares
headed by Blyth &
on

a

bid of 100.179
at

W.

$102.22

a

per

stock went to

a

Harriman

was

FOR

COMMON
and

Ripley

&

inc.

Co.,

;

—

'

'

shares

Stroud & Co. Inc.__^

7.65%

to

1.50%

Dacon, Whipple & Co
Co._
Chace, Whiteside, Warren

1.00

7.55

*"

4.50

Richard W. Clarke

Corp._^,

1.O0

4.50

Julien Collins & Co.—____

1.00

4.50

George R. Cooley

A.
•

be

'.

7.55

—

Allyn & Co., Inc.____

G. Becker & Co.,

Estabrook

&

Inc.—

Co.J

Hayden, Stone & Co

4.50

Hemphill, Noyes, Graham,
Parsons

&

Sears, Inc.-:

Co.—

&

Hutton & Co

&

Co.,

Inc.

A.
4.50

•.;»

:—1.00

1.00

M. Kidder

&

Co

Maynard H. Murch

1.00
&

Co.

1.00

4.50

E. M. Newton & Co.______

1.00'

Saben & Co.,

1.00

4.50

Schmidt, Poole & Co

Townsend, Dabney & Tyson

4.50

Stix

Maine

3.00

Charles H. Gilman & Co._

awarded to

held, while 6% preferred hold¬

STOCK

unsubscribed

'

69,030 shares to holders of its out¬
standing common and 6% preferred stock at the
public
offering price. Under the terms of the subscription
offer,
which will expire Nov.
18, common stockholders of rec¬
ord Nov. 7, have the right to
subscribe for one additional

..

Goldman, Sachs & Co.__^_

was

fered the additional

•
.

4,500

Lehman Fvrothers

group

Harriman, Ripley & Co., Inc., and associates. The win¬
ning bid named a subscription price of $16.50
per share,
less underwriting
compensation of 69.1 cents a share.
Harriman Ripley & Co. and
associates offered Nov. 9
131,518 shares at $16.50 per share. The
company also of¬

share for each 10

:

percentage of Nepsco shares
purchased by each are as follows:

Carl M. Loeb,

were

4,500
Co

UNDERWRITERS

V"

W. E.

stock

7,000

Co

,

$4.60 dividend. This issue
share and dividend and

common

&

Pressprich &

The

;

Co., Inc., and Kidder, Peabody & Co.
on

Hutton

7,000

*

A. C.

of preferred

The 200,548 shares of

common

E.

R.

Rhoades &

Co.

Securities

H. M.

Co

Payson & Co.______

3.00

&

Martin,

Inc..

Co.

Burns

1.00

_—

&

1.00

0.75

Corbett,

The Milwaukee Co

2.00

Clifford

2.00

Merrill, Turben & Co

0.75

2.00

Allison-Williams Co

0.50

1.75

Bartlett & Clark Co._____

0.50

J.

Murphy Co._
Cook & Co

Newhard,
Hayden, Miller
Pacific
R.

W.

Chas.

Co

&

Northwest

Pressprich

Co

&

Co._

Granbery, Marache & Co.
Pacific

Co.

of Calif

Stein Bros. &

—V.

170,

p.

•

0.75

Mason, Moran & Co

0.50

1.75

Mullaney, Wells & Co.____
Perrin, West & Winsiow,

0.50

1.75

1.50
•

Inc.

1.50

1.50

Boyce__

1799.

Inc.

1.75

& Co.__

W. Scranton

-

7,000

Kidder, : Peabody & Co.—______
White, Weld & Co.—

The $5,000,000 bonds were awarded to
Halsey, Stuart
& Co. on a bid of 101.3251 for a
2%% coupon. The issue
was reoffered
Nov. 9 at 101.515 and interest.
•

11

com¬

central

of about 560,000,
population of the
State, and embraces the greater part of its
industry.
Among the more >'
important industries served are pulp and paper
products, cotton and
wool
textiles, shipbuilding, metal trades, lumber and wood

company 1Mov. 7 ac¬
cepted bids for the sale of three different classes of se¬
curities, viz: (a) $5,000,000 first and general mortgage
bonds, series G, due 1979; (b) 30,000 shares of preferred
stock (par $100), and
(c) 200,548 shares of common stock
:

;

.

"

:

*

30,000 shs.

value™.

par

'

5,000,000

stock

"

$10

-

19,813,000

*

.

....

FINANCING

series

stock,

the
^

.

Authorized

1979__

due

813,000

complete

1972___L________

preferred

*

.V;

1976

due

of

~

V

1977_-_i__I_____f

due

,

$6,505,000

series_i______

and

$2,804,435

Totaling

-

;

substantially

EFFECT

1391.

Maine

*"

'V

years

"

■V"

r

,

due

industrial,

196,549

501,606

*

•*

-

due'

mercial,

562,959

9,169

oversubscribed.

31

first

mortgage bonds,
the proceeds to
system developments and improvements.- -V.
170,

194.

46,913

,

will

4.60%

erates

$3,180,015

•

Commission

company to
issue
$920,000
be used to finance
P.

,

764

income—_____
on

reoffered
The

46,913

$3,290^476

bank

years 1949
follows:

as

due 1970

energy.

1,487,480
1,738,600

$184,765

the

was organized July 20,
1905,
special act of the Maine Legislature.
It is an operating /•
subsidiary of
New
England
public
Service
Co.
Company. is
an •
electric utility operating
wholly within the State of Maine.
It gen¬

disct.,

expense.--;

(par $10)..

1948,

30,

the

$210,263

above

3.50%

of

400,000

(1,611,020

and

construction

bonds have been authorized by
Maine, and upon application to the J
Securities and Exchange Commission have been
exempted frorti the
provision of section 6 (a) of the Public
Utility Holding Company Act

1,376,250

228,509

scheduled

stock

the

1949—12 Mos.—1948

400,000

be

2,567,000

be

33,300

the.

will

past, five

the

are

stock

$11,300,000 Publicly Offered—The

_

*298,820
,

the

during

COMMISSION

Presi¬

1,442,700

of

by

stock

by short-term

electric

classifications

The

go

deter¬

will

sale

received

loans

preferred

an

116,250

33,300

additions

for

additional

decisipn

applied

the

No. of Shares

V

$302,488,787.'
$100,614,495

for

debt

and

Central

71,703,778

on

this

balance
*

Company estimates that,
of the stocks, it will have'

plant items,

mortgage bonds:
3»/2% due 1968

J

S 2%%

•

**

NOTE—Net
$775,690.

income--,
of

prem.

•

i

the Stratocruiser project.
been written off.

total estimated loss of
$15,400,000
now

*•

71,404,958

$1.64

;

amount, $14,300,000 has

J

1,780,175

$1.03

—

share

'

65,688,373 176,513,510
$63,890,547 173,633,335
-'
680,000
1,100,000

expenses

Federal and State income

'

on

will
,

(1,776,500

Balance

.

»'
and

v

the

~

UNDERWRITERS

-9 Mos. End. Sept. 30—
1949
„•
1948
'

Sales

to

general

R 3%

of
>

*

long-term debt-

on

Amort;

Divs.
-

&

representing

.

3 Mos. End.

additions

'No

acqui-

adjustments^-^

Gross

Net

Boeing Airplane Co.- -Earnings—

obtained

Preferred

rates

and

be

from

be

to

company's

and

Preferred

$1,269,264 $17,669,097 $16,701,144
706,439
9,148,400
8,518,797

121,550

of

sition

-

1949—Month—1948

$1,313,857
710,710

1290. *

p.

be

other electric

-SECURITIES

Cumulative

corpo¬

$155,000
electric

The

will

common

bank

the

purposes.

bonds

In

and

gross

'

Series

this

November

*

HISTORY

!_

expenses

for

Amort,

Re¬

to

will

general

Series

1695.

238,033

Blaw-Rnox

proceeds

.

*

Harbison-Walker

og

of

to

New

-

during

by

Series P 3'%%
Series Q 3Va%

5,814,825

granted

"

revenue—

Operating

by the death of the late Donald C. Bakewell.
a
director of Fidelity Trust Co. and a
trustee,
Bank.—V.

6

8,503,245

amounting
Nov.

determined

necessary

>

Common
Commission

electric

Period End. Sept. 30—

stock,

.

Greer

of

pro¬

notes.

corppany

additional

cost
S

bonds

bank

the

net

indenture.

the

short-term

of

series

and

Series M 3Va%
Series N 2%%

] Central Illinois Light Co.—Earnings—

shares

'

the

the

gross

expenditures

pursuant

dividends,

'

by

PROGRAM—During

made

Series L 3>/2%

$

Federal income taxes

Blavv-Knox Co.—New Director Elected—

the

of

corporate

the

estimated

CAPITAL

495,437

33,998,593 267,716,354 255,587,038
31,697,920 259,213,109 249,772,213

2,215,636

1590.

p.

defray
other

..

com¬

preferred

and

sale

contemplates

<

1949—9 Mos.—1948

$

32,353,708
30,138,072

York

an

revenue

Utilities

Eastern
p.

-4.25%

of

company's present construction program.

226,937'

Commenting on the Commission's decision, Ernest R. Acker,
dent, said: "The Commission has not yet had opportunity to

;

offered

excluding

company,

details

1,011,476

342,019

;

2115.

•

than

offer, (V.

12,042. shares

to

Further

426,350

'

Co.— Preferred'
*

stock

received

of

com¬

indenture.

Miscellaneous items, including automotive
equipment

1st

.
______

company customers will
into effect Dec. 1, 1949.

the

$3,278,648,

72,882

..

1492.

p.

New

annual

quarterly of 15'
;
share, as compared
a

company
to the holders cf its
6%, preferred stock
exchange effer, 2,230 shares were taken under the ex¬
offer; the remaining 12,125 shares were
being sold to the

be

52,887

■

4

1291,

earnings

ration

>:•

,

the

of

sale

the

of

sale

cash, the company
trustee by May 1, 1950,

Transmission system
Distribution system

'r

.

170,

The

19,

the

change
purchasers.

416,024

-

expenses

r. 1

made

;

,

$138,562

•

6%

the.

on

under

Generating stations and storage reservoirs

Central Hudson Gas & Electric Corp.—Rates
Up—

20

Nov.

share each

per

cents

share

per

of

Electric

&

$143,661

-

income—

earnings

mine

Valley

subscribed

offered

will

cents

.

Subscriptions—

the

under

15

of

IS

holders

of

be

payment

to

distribution

The

1

Stock

were

of

to

1949 will aggregate 80 cents per
1948, and 30 cents in 1947.—V. 167, p.

Blackstone

pany

1

paid

extra

an

quarterly dividend

in

$1.15 in

Of

Dec.

company

last year,
declared.

Payments
with

payable

time

were

dividend

extra

an

both

Previously,

this

At

share

per

common

$159,586

1946

.

Div.—Declares Extra—

regular

a

to

transmission-lines

The

1947

8,954

railway
railway—.--

;

'

Net

Gossett Co.—Increases

&

it

$18,558,000

1948

*51,595

.

income—

Gross

:

1491.

Nov, 9. the directors declared

the
for

company

from

-Earnings—

$51,886

from

from

—V.
/

1949—10 Mos—1948

Canadian Pacific Ry.—September
Earnings—

,

.

cents

the

the

deposited
to the

requirements

from

the

tjie sale .of

Series

50

-

the

property

(exclusive

from

the cost of the
$2,000,000 from the net
part

trustee

of

proceeds

company

in

Blyth
cents.

was for generating
facilities, $3,558,54.9
connections and $16,803,476 for' distribu¬
tion
lines and
other plant items.
During the same period retiremertts from electric
plant, aggregating $3,189,982, were $760,316 from
gfenerating facilities, $167,319 from transmission facilities and
$2,262,347

;V,

1949

'Deficit.—V. 170, p.

1

of

»■

oper,

Net ry.

$3,224,236 $31,818,698 $33,838,904

p.

the

for

yy,

& Indiana RR.

from -railway

Gross

cents.

distributions

the

CONSTRUCTION

From Jan. 1—

(A. S.) Beck Shoe Corp.—October Sales Decrease—
Period End. Oct. 29—
1949—4 Wks.—1948
Sales >
—$2,864,053

170,

$7,964,531

$13,011,421 $15,165,362 $105,916,104 $131,805,159
1492.

p.

Period End. Sept. 30-

—V.

to

which

2,011,552

1

„

170,

Net

on

Distribu¬

■•

from

used

stock,' in addition
Ripley & Co.- were:**

funds through 1950 for all
of
its corporate
purposes,
in-*
eluding,its construction program, with the exception of about
$1,000,000

$5,187,708

.September—
Gross from railway.

common

time.

March

on

quarterly
,,

VV

of
on

this

this-issue

on

During 1948, four
made.—*V. 170, p. 686.

were

$3,965,949

.

1, 1949, to stopkincludes the accrual

dividend

conserve

$5,451,231 $10,176,501
1,485,282
2,211,970

$7,199,260

<1,724,149
$6,309,955

i i Cambria

oper¬

will

38

the

-

•.

common

net

the

pay

Initially,

with

additional

with

preferred

be

upon

72,073

170, p. 1491.*

—V.

Dec.

the

order

$8,034,104

Net

dividend

a

income

income

Sales i

for*

.

declared

14,101

to

repayment

proceeds

applied

•

yarn

rate

last.

1,

cents each

in

influenced,

"Operations

regular quarterly dividend
ordinarily payable on or about Dec. 1

dividend

stock
tions

and

were

7,845

program.

the

by

used

sufficient

Period End. Oct. 31—

,

1949

Drl5,026

received
be

deposited

proceeds

gram''and

Butler Brothergp-October Sales Again Off—

y

steadily
full production by the end of the year," :

preferred

Nov,'15,

1949,

of

market,

new

.

Harriman

$33,768,820 of which $13,406,795

*•••.

substantially higher rate of profit,"

"The

directors

cumulative

—v.

$2.66

■

the

DIVIDENDS—The

948,820,

$0.41

Net

{

Bemberg Co. and North American

NOTES^—Earnings for the first six months

the

1,200,000';

'

by the unfavorable conditions
the current quarter,

2,715,602

—

American

-1

•

Gross

494,975

-

net

company

■

■

be

will

allocate

net

The

9,560,245

$5,443,386 $10,162,400

$8,049,130

Income deductions

$20,586,477

—

outstanding

income

income

k

1'-.

1948

$29,824,801

—_-u——

T—

after

Other

'■)

the

the

by

immediately to the payment of short-term

2,714,612

-

be

to

..

for

PROCEEDS—The

to

qbtain

accordance

of

OF

construction
to

will

________

&

$16.50, less compensation of S1.16 a share;
Kidder, Peabody & Co. /jointly), $16.25 less 92

bonds

S

will

the

taxes

taxes

Harriman Ripley &
Co., Inc.,
Burr, 101.663 for a $4.80

-Coffin

Inc.,

and

interest)

series

intends

1949—12 Mos.—1948

Canadian

Operating

Earnings Lower-

—

Burr,

order

i

Mills, Inc. (& Subs.)
Passes Common Dividend-

Inc.,

accrued

*

Beaunit

&

APPLICATION

amounts

102.019.

.

& Co.,

in¬

&"co.

Peabody

Higginson Corp.,

..

$44,376,707 $43,208,318 $59,686,498 $57,533,690
18,017,386
21.664,967
25,884,283
28,834,913'
3,242,266
3,179,810
4,303,447
4,252,321
4,041,221 .3,761,625
5,305,697
5,044,412

____

—

and

Underwriting proposals received
the winning tender submitted

to

Subs.)—Earnings—

1949—9 Mos.—1948

Lee

were:

Other bids for the preferred stock were:

pany's

(&

3s

as

100.80. for.a .$^,.70. dividend,

Coffin

revenues

follows:

as

'.

bonds

dividend.

ceeds

50,396

,

$2,669,956

Buffalo Niagara Electric Corp.

$766,331

$289,045

_

$221,531

to date in
the approximate amounts
$1,500,000 for 1948; for the nine months
$6,268,000 and $3,500,000.—V. 170, p. 394.

are

Maintenance

—'

profit

-$1,393,569
-1,098,524

$424,151

—

Period End. Sept. 30—

Balance

Net

386,127

were

Maine

from 66.53%,!

Burr,

Bids for the

Dr633

$3,338,716
1,168,760

creases

435,933

$808,369

income

Z)rl,785

$591,658
370,127

deductions

NOTE—Operating

$972,632

and
Total

2,829

$810,278

____—...

Central

Merrill Lynch.
and White, Weld & Co.
(jointly), 100.719; Cof¬
Inc., and The First Boston Corp. (jointly),
100.41; Otis &
Co., 100.3019; Salomon Brothers & Hutzler,
100,2117; Harriman RiDley
& Co., Inc;,
100.207; Blyth & Co., Inc., and

fin

$1,394,202

-

of

Pierce, Fenner & Beane

3,130,163

Dr2b9

Earnings per share—
(745,364 shares)

10,435,915

$657,693

(net)—_

income

Income

expenses—

income

income

Gross

deducting

depreciation-:

Selling, prescription service,
general

1949

before

operations

Other

subscription
shares, New

common

will be reduced to 60.4%

('jointly/, 100.109.'
Operating

Bausch & Lomb Optical Co.

group

represent shares on which New England Public
Service
Co. waived its preemptive rights under the

was

England

1949—3 Mos.—1948

$8,092,981

_—

/

V.:'A

date will have the

same

right to subscribe for
additional share for each two
preferred held. *-

to

806.

p.

of the

ers

is planned to pay dividends at the rate
after payment of the stock dividend, it was

Operating expenses i
Maintenance

1491.

p.

of

excess

or

Monday, November

offer.

Prov.

income

Net

in

issue

to

It

simultaneously.—V.

Operating

—_

intend

CHRONICLE

Brooklyn Union Gas Co.—Earnings—

for

charges-

not

authorized

dividend.

Feriod End. Sept. 30—
Income

FINANCIAL

The

common

$1,877,381
92,507

16,320

47,134

-

3,505

&

does

share annually,

per

stated.

it

common

stock

the

pay

said

company

declared

37,702

(net)

7,163,685 *
1,603,809

688,798

*$136,011

(net)

income

1949—9 MO$.

$697,902 $10,383,089 $10,967,187

652,749
1,154

__

Ry. oper. income-.
Rent
Other

The

1949—Month—1943

revenues—„

Ry. oper. expenses
Ry. tax accruals

COMMERCIAL

B.

W.

0.50

Pizzini & Co.,

Inc._

0.50

•

Volume 170

Number 4855

Central New York Power
Period End. Sept. 30—
Operating revenues
Operation
Maintenance

2,964,130

2,431,018

3,707,613

2,484,000

2,808,000

Net

$7,898,999

/'Drl9,822

Dr 8,530

$5,870,257

$6,259,720

1,535,946

1,157,882

$7,879,177
' 1,923,841'

$5,101,838

$6,389,600

E.'

W.

S.

Wehster

Hutton

Net

operating

income

$1,734,504

$1,386,018

$5,326,829

(net)——

ihcoihe

1,402

3,443

10,437

Int.

&

income

other

$1,389,461

$5,337,266

378,276

336,729

1,251,847
$4,085,419

$3,803,950

$1,052,732

Stock

^

-

Under

%

\-'7. 'l'.' ;,7"

/ ■'

the

wi!

company's

expire 3

offer,

holders

the

'..

.

Subscription

agents

Stock Transfer Co.,

COMPANY

.Bankers

are:

Trust

Co., New
Chicago. >

20 Wacker Drive,

subsidiary

shares

holding

of. common

company, "American

stock of

York,

The subsidiaries are

West

Texas

of

1.20

DeHaven

1.20

Utilities

Public

.

CONSTRUCTION

cost; of

the

'
are

watts

of

future

all

owns

mately

proposed

investment

FROGRAM,

to

be

of

electric

additions

one

or

be
of

more

1951,
for

the

of

will

approximate

;ahd

distribution

extensions

of

the

ice

to

lour

r

and

of

the

of

from

provided

sold

the

ON

vhe

will

not

of

the

provisions

the

2\\r,'e

and

3%

STOCK—Since

be

issued

GIVING

until

.40

Ohio

Co.——

Paine-Rice

Peters,'

.70

&

tensen.

Inc.

&

.40

?

—7,———

Smith, Moore & Co.

1,

1959,

and

&

Co.—

—

Net

Funded

debt

Short-term
Preferred

$1,375,000

(par

of

of

remainder

the

—V.

C. I. T.

Common

OF

.','7

EARNINGS

Mos.—1948

stock

of

$65,443,934

$5)

12,186,848

$5,242,873
'
42,892

49,205,693

of

of

of

$4,719,282

$2,500,000

of

serial

:

-■

"On

r^'_

-(BUSINESS—The

approximately

said

July

$5,715,045

;$0.46

Divs.

7,25.9,606 shares of

on

Other

stock outstanding Sept,

common

FOR

COMPANY

•

-77.

of

com.

Expenses

stocks

of

subsid.

consol,—..

cos.

constitute

V.

and

taxes

notes

on

170,

system, as defined
1935, and the SEC

ceedings

under

the

debt

and,

bank

.!;;

&

$5,971,356

560,217

Thomas

<

" '

holders

106,875

and

unearned

1949—9 Mos.—1948^

premiums,

$753,980

$594,161

'

2,839,614

2,413,23-j

$779,770"

5,312

notes

inc.

state

&

$992,833

28,390

13,064

,14,852
173,870

9,744

19,339

66,776
17,907

140,843

224,474

188,165

taxes

229,450

193,517

264,567

253,257

$346,120

$283,447

$482,517

$387,146

share—$1.30

per
on

$1.07

$1.81

$1.40

265,154
;■

,

shares

outstanding

at

Sept.

30,

1949.—V.

170,

'* " '

.

Climax Molybdenum

the

Electric

Corp.—7%

Preferred

company's

be

scaled

7%

down.

'v;i

!

'

v

;

; -

-

,

' !

;

subsidiary, Blue Ridge Corp.,

to a new open-end
for the latter's common stock.

company in exchange

•

y

•

118,860.000

also

interest
;

calls

in

for

debenture

holders

of the

stock

common

new

the new concern's capitalization.—V.

..

Co.—Earnings-

furnish

in

748

of

due Dec.

electric

utility'

to

receive

company,

full

which

principal and
would constitute

:

The

areas

Public

Utility
by

determined

p.

1695.

in

Gross

,

to

1973, are available In exchange for outstanding temporary
Guaranty Trust Co. of New York, 140 Broadway, NeW

the

Y.—V.

170,

7

1799.'-',

p.

from

1949

railway--—

Aug.

31,

1949,

subsidiaries

sale

of

ica,

about

was

and

$2,766,532

0.8%

from

from

the

$809,728

2,520.000

2,520,000

$0.04

$0.24

2,520,000
$0.32

of discovered increment.—V.

170,

From Jan. 1—

r>Deficit,—V.

'1946

"

*

$2,284,59?
'/ 155,445

£10,5,661

$2,137,102
140,891
"109,423

24,045,892

20,654.444

s

Coca-Cola Co. (& Subs.)—Earnings
Slightly Higher—
Period End.

Sept. 30—
1D49—3 Mos,—1943
profit after class A
-s
-'
;
dividends '——1—1 $12,959,621 $12,634,309
tEarns. per com. share,
$3.15
$3.14

1949—9

2,772,584

Declares Extra Year-End Dividend—To Offer
Shares in Exchange for Class A Stock—

.315,537

.

The-directors
share

from

Net

from

Net

"

i;y.

railway

from

;

sale

of

Net

sale,

of ;

railway
:
income—4.

"Deficit:—y.. 170,

p.

$3,081,553

599,005

$5

brings
in

1948

directors

common
rvlootf

for

stock

declared

7

a
year-end dividend of $2 per
dividend of $1 per share 6n thfc
15
to holders of record Dec. T,
payments
tnis year to
$6
per
share,
asr

payable
total

(an

Dec.

for

Dec.

of

extra

Nov.

pn

chovtio

A

each

$1

also

7
to

19

three

paid

was

Voted

authorize

A r\dln rv

a-ra

shares

of

Dec.

on

call

to
the

/t€»1TaKl^x

Coca-Cola

International

Coca-Cola International

898,069

$2,611,955
'
437,113
180,730

25,892,447-

23,631,482

22,287,601

5,381,973

7,056.830

4,183,449

1,712,828

2,727,462.

1,375.229

-

1946

$2,084,523

class

A

(£^9

RA

last' year>.
meeting of
one' shttbe

15,

special

a

offering

of

of

stock.

The

60O,99'(£;

VftArl

cViqva

Q

—

common

'■Alter

'

Corp.

below.—V.

1948

1947

$1,285,575

170.164

171,534

"

300.

p.

Corp.—Earnings—

1949'

$1,274,603

——

shares.

170,

perr com.'share
$6.74
expenses arid Federal income

$971,763
173.253

$6.75
taxes,

194,6

$4.87

$4.86
tAfter

class

135

S.

dividend

A

300,26t*
/

126,900'

19,581,946'
2,142,181'
£220,566 •

Declares $22.50 Common Dividend—Plans Issuance oC
Common Stock in Exchange for Class A Shares—
.

The

on

the

1949.

directors
common

This
Oct. *],

on

Nov.

stock,

compares

this-year;

Financial

Seibert,
La

President;

Salle

Countries,

Aoiit:

On

acGount

01




;ne

uncwaatiotiai

m

cue

rates

01

excuanae.

remittance

for

lureign

$4.? '

aunccnptiot.

,

$980,^30
f74.fi»16

,

7

declared,

payable
with
and

Dec.

$7.50

makes

per
a

dividend

a

15

total

of

holders

to

share
of

paid
$45

$22.50
of

on

per

share

share

per

record

April

1,

f.!
July T

Deb.'

for

,

1949/

Chronicle (Reg. U. S. Patent Office) William B. 'Dana
Company, PuWisners, 25 Park Place, New York 8, N. Y.„ REetor ,2-95.70.Herbert D. Seibert, Editor and Publisher;/
William D. Riggs, Business Manager.
Published twlce'a Week Tevery Thursday
(general
news
and
advertising issue)
with a
statistical issue; on
MomiayJ.
Othfer
St., Chicago 3. 111. (Telephone State 0613); 1 Drapers' Gardens, London,
E. C„ Enaland, c/o Edwards & Smith.Copyright- 1949 by William B. Dana' Company.
Reentered
as
second-class matter February 25, 1942, at the
"7<». • • Sabscrtptions
post office at New York, N, Y;, under the Act of V
in United States,
U. S. Possessions, Territories and Members of Pup'
American Union,
$.5.00 per year; in Dominion of Canada. $38.00
per
year." Other
Dana

offices;

tta '

requirement's.

and

""

profit
of

tEarned
1947

•

,

1291.

also

See

No.

333,842;

184,303
"

Net ry.; oper;

from*

1948

; 1949

■

.

railway^—

the

the

This

■

Nov.

on

both

Quarter End. Sept. 30—

$2,770,000

railway-'—

$7.27

outstanding.

regular' quarterly

stock,

-

Qper,' income—;.

From Jan. 1—

the

and

stockholders

*1,411,434.

1391.

September—
Gross

shares

proxy

'•

Chicago Great Western Ry.—Earnings-

;

C0111-

"N^t

pro¬

total

$6.16,

common

944,295

1,518,380

$28,220,G9:?.
'"'

4,113,665

on

•

170, p.

Mos'—1943

'

$29,895,855

lpon

18,144,391

4,225,527

1291.

p.

company Nov.
1 filed a letter of, notification with the SEC
1,293 shares ($1 par) capital common stock, to be offered at $27.50
share to employees only.
Proceeds will be used for general cor^
porate purposes.—V. 169, p. 2207/

against

,175,836

162,282

,

1947

374,99,

$1,750,050
' 2,520,000
$0.60

per

•■'/■Tire

497,484

-

502,043

•

-

Grbsi from -railway
•' 21,185,569
Net from railway———"
3,052.818
Net fy. 6per. income--,
735,443

comprise

93.9% -of

derived

$595,038

Coca-Cola Bottling Co. of St. Louis—Files—

common

1948

$2,311 814

Net' from' railway-—.,Net ry. oper. income—

_

which "436:

integration

$88,728

—

$2,125,Q5i

for

''Based

improvement mortgage 37/s % bonds, series H,

September—

integrated' public utility
Holding Company Act of;
order

3,780

profit-

1949:v

notes

service

served

so

134,812

.

170,

Chicago & Eastern Illinois RR.—Earnings-

$300.0oO'

(of

$313,508

23,219

The

•

•r

'

September,. 19.£9.

communities

$729,850

and surtax

tax

"Before depletion

,

1949—9 Mos.—1948

$111,947

outstdg'Earnings per share—

invest¬

*

*

thereof,

serial

company.

retired in

1,

at

York, N.

*7,985/173 shs.

long-term

said

of

were

inc.

1949—3 Mos.—1948

charges-

Capital shares

Chesapeake & Ohio Ry.—Definitive Bonds Ready—
Definitive- refunding and

bonds

.

tl,000.000

consummation

after

"Net

Group

Egan, counsel for the committee, informed Judge Sterling
it "will go along with the amended plan."
Mr. Egan
however, that the premium proposed to be paid to debenture

should

Profit

Fed.

that

its'other

It

*

;

William

a

30,

Sept.

1291.

1949—12 Mos.—1948
$3,832,447
$3,193,015

$2,431,949
1,837,788

Period End. Sept. 30—

1799.

'

Gross

and

and

to $94,946,334 ori
earlier.—V. 170, p.

year

2,185,952

income

1291.

112,250
$5,348,644

The
trustees'
amended
plan provides for liquidation of American
Cities Power & Light Corp. and transfer of the assets of Central States
find

3,750.000 v"

;

Commercial

a

$2,944,932
—

(Ur)—

bonds

-Based

p.

C.

indicated,

ended

the

increased

$68,405,929

510,462

—

States

for

Hutchcson

%

the

expenses

^Earnings

5,097

preferred stockholders' committee
told" the U. S. District Court at Richmond, Va.,' Nov.
9, that it would
accept the amended plan filed by the trustees last December. / Thus
one cf the major hurdles blocking reorganization was removed.

v

The

on

Fed.

$5,966,259

14,062

payable—^——

1695

pp.

Counsel

Act. '• •

5.3.%' from

income

income,'

gross

w.th

deductions

Int*.

1948

Accepts Trustees' Plan—

Interconnected; and
so

"$1.,77

Net

Autstanding

—_L"

upon

debt

company

the

has

of

revenues

electricity,

in

that

months

12

operating
Water. '

Other

Net

$5,049,383

Central

ment

FINANCING

company—_______ —

Louisiana.

an

future

'Other"' income

30,, 1949. '

$5,702,413

—

Net income

of

approximately 142,700 square ;miles with' an estimated population ';
of
approximately 2,139,000.
The
electric
utility, properties of
the
Subsidiaries

Mos.—1S43

ONLY

1949

intomc

Interest

com¬

the

"
;

customers

in

1949—9

$4,728,703 $18,577,157 $12,244,92;
3,580,948
3,530,948
3,580,841
$1.24
$4.82
$3.31

deferred

Operating-revenues

$1.32

^

$5,716,475

through

incorporated), and rural .areas adjacent thereto located in 109
in Texas, 49
counties in Oklahoma, 13 counties in Arkansas;
parishes

1949—3 Mos.—1948

3,580,948

Citizens Utilities Co.—Earnings Increased—

$9,581,309

$1.47

counties

three

Sept. 30—

$5,288,885

$3,328,597 $10,649,043

$0.51

.12 Months Ended Sept. 30—

-

■

•

subsidiaries

561,433

2,674,581

'

.

remaining ;$1,600,000

of

4.893,72 5

4,445,851

Period End. Sept. 30—

$16,364,088 $14,870,194

$1,390,685

$3,707,121

share—

per

EARNINGS

;/'v':;;' '•''■■"■
■■
v-,/://; r.'7

—;

short-term

notes

21,723,203

8,044,516

6,249,663

Financial Corp. (& Subs.)—Earnings Higher—

compared

Operating

$1,578,644

income

cEarns,

tecord' dUte" 'for

PRESENT

unse- *

on

long-term

the

25,371,386

10,465,893

4,757,707

Oper. inc. before taxes """
Net

the

'shares issuable under'plan of merger.
tAdjusted
toto the proposed issue and sale by Central- Power and Light

$5,500,000

retirement

Tn

1949,

gross

common

T/^Including
give effect

29,985,676

8,306,079

shares

of

source

$4,689,608 $16,238,241 $14,787,755
' " 29,674
125,847
82,439

$5,285,765

^—^4-

income

s

/ '.'o-:://.■.;/

subsidiaries—.—

of

27,377,598

_

.

NOTE—Consolidated

$59,963,009
45,175,254

13,104,710

(net).—

income

Gross

subsidiaries^-,-:.—39,587,000 7

(par

289,431

"After charges and income taxes.

;

1949—12 Mos.—1948

$18,347,583 $16,876,456

income—

Deductions,;' from.,

and

$3.7.50,000 .7 //$3,750,000
$5)8,000,000 shs.> 7,935,173 shs.-

loans
of

533,34 )

503,343

ontstdg.
Earnings per ccm.,share

STATEMENT

*1949—3

818,182

718,852

'ftNetsprofit —$6,820,307

'

1

v" 1,141,370

$2,44t,'S94

1291.

p.

Period End

.

.20

.60

868,842

oper:' income.. .j'.*

170,

dS

for

earnings

merger

after "the

TO

subsidiaries

bank

stock

Common

"

ry,

.20

.60

3

1946

458,815

railway—.
railway'.

from

Net

.

.20

duPont & Co.—

Earning

1947

$2,740,226

income..

oper.

1948

$3,369,103

-

•

_

Gross" from

.20

',

properties.

securities

Authorized

7 Company and Subsidiaries—
Funded, debt of company

and

ry.

'

.20

Ridgway, Newsome & Co._
Schneider, Bernet & Hick-

.60

income

Addi¬

From Jan. 1—

•40,

.60

Co

Co.; Inc.

1949

$2,808,389

.

Net

.40

7—f-w

Co

David A, Noyes & Co.—*

oper.

Authorize

To

—

in 1952.—V. 170, p. 881.

program

from railway—:

~

stock

Electric Co.

about

September—
from: railway

.40

Stix

&

but

Net'

.40

.70
,70

.70

&

compare 1

■

Gross
>

.70

&

$16,380,3)68 $}7,193,0( 9

Cincinnati New Orleans & Texas Pacific Ry

Chris-

Co.

Slocumb

same

completion of the

Co._—_

Writer

Co.——1_1__

kilo¬

,

are

.

Metropolitan St. Louis Co.
Milhous, Martin & Co.^—

Dickson

Net

the

facilities,

retained

..

EFFECT

serial notes,

1959

Common

the

The

.

.70

S.

1949—10 Mos.—1948

$1,793.Q01

had in operation 52 units,
month last year.—V. 170, p. 1492.
J949

&

Arthurs, Lestrange & Co._
Courts & Co

Other

;

cured, due $125,000 semi-annually to

and

Son

Woodard-Elwood

Operating levenues—__
Oper. exps. & taxes
:

$69,000,006,

sale

senior

and

■

of

Newbold's

.70

CONSOLIDATED

$9,700,000 from the
subsidiaries in June; 1949;

•//a*/*;'""£•/'

CAPITALIZATION

the

H.

.70

Period End. Sept. 30—

period.

COMMON

dividend.

of

T TKfoore
Co.,
'Inc.' '——7——7

.70

&

$1,670,927

in ,October,

company

About

.40,

777

Co._,

Scranton

1949—Month—1948

J

—

now has 2,500,000 shares of common authorized of which
6,000 shares afe outstanding.
halfthe
$85,000,000 expansion has been
completed with
approximately $35,000,000 to $40,000,000 yet to be expended befoY,v

all

Berwyn
W.

.70

&

Childs Co., New York—^^October Sales Show Drop-

'

.70

W.

i

6,629,461

Company

.40

——_

of

;

subsidiaries'.approxi¬

from

additional

of

amortization

during

such' shares

Co.

>'

.70

Elworthy & Co.—

30,
1949, May 31, 1949, and Aug. 31; 1949. A quarterly divi¬
dend of 22% cents per
§hare has been declared, payable Nov. 30, 1949',
-to common stockholders of record Oct,
31, 1949". This dividend will not
•be payable in respect. of the shares of
common
stock noiv
offered

1,

Co.1—

Francis I.

<1948, Feb. 28,

«

.70

California

Brush,

pany and American Public Service Co. in February,
1947, dividends
oh the common stock have been
paid as follows: semi-annual dividtrids
/of 35
cents
per share on
Aug:
30, 1947/ and Feb. " .28, 1948; and
quarterly dividends of 20 cents per share on Aug. 31, 1948, Nov.

Jan.

.40

.40

R.

indicated,

as

by two

proceeds

by

$8,000,000

to

subsidiaries

the

and

subsidiaries

DIVIDENDS

-

Merrill, Tuvrben-$: Co

Co._

T6.443.40

'

be

$7,000,000

securities

depreciation

2%,

.40

Miller, Kenower' & Co.—
Mlrisch,".Monell & Co7

Co.

10,766,272

The stockholders will
be asked
at
a
special meeting Dec.
21 t>
authorize art additional 3,500,000' shares of common
stock, Walter C.
Beckjord, President, lias announced.'
*
•
*
The additional stock authorization is in preparation for a further
stock issue, probably after the first of the
year, to provide funds for
completing the company's $85,000,000 construction program, he said.

7'"'"

.90

&

.2

;

166,357,755 146,276,983

•

,

Cincinnati Gas &

''

.90

&

1,841,4

.•

tional Commoii—

.40

7"'

Yarnall

that

for

146,000

water

Harper & Son &

Co.L—

:'

,

$49,000,000

other

Pressprich & Co.__

Morris

1,123,328

2,799,140

•

.

.90
Moran,& Co.r_—.90

&

1946

3.565,893

*"" "

railway

with 51 in the

.40

Hayden, Miller & Co
Howard, Laboiiisse, Friedrlclis and Co._l—7—

1947

3,573,004

30,424,731

.40

.90

Co.

502,241

.40

'7_777—7—7—

'

1948

'6,460,926

11,152,557

from

The

& Co.— —.40"
& Co..^
.£0

Wm.Tp.

1949

period End. Oct. 31—

FMnk
Co

from

Sales

Noonan

.90
.90

£ Co.7—_

Williston &

Chas.

was

estimates

capacity,

&

913,731
*

$21,073',218 $24,176,302 $20,186,697 $17,555,831

32,647,672

.40

Co.„

'

railway

7,139,439

-

.

Putnam & Co.——_1_—

retained

subsidiaries

the. installation

&

H.

■"214,567

,

,

follows:

as

will

1949-1951—Company

generating

and

will

program

two

$17,500,000

'.such-

Grimiri

Lester

outstanding

applied

jsubsidiaries to be sold during the period, and the

•as

1.20

Clark & Co
Ferris & Company——
Henry Herrman & Co.—
Kay, Richards & Co.—

changed

was

the

invested

so

in

program

transmission,

follows:

as

"proceeds

the

Doolittle

Creston

1,478,716

1,388,568

'

25,479,475

-

L

Field/Richards

3,000,716

633,727

railway——

.40

77-7-'"

2,047,25,9

1391.

P.

188,080,534

made

construction

stock

Bretscher

$1,083,66)
16i.6C)

'

179,171,290

.40

Co

7.71——

1.20

W.

7,978,039

Net ry,'oper: lrfcome—_
—V."170, p.' 1595.

-

,'-.4i0'

Townsend,
& BodincJ-

1.20

Davis

11,055,399

railway—
^5,037,480
ry.' bper: income—2,166,498

I7et
'

&

1.20

Pacific

necessary approval of the SEC. '

any

additional
for

Inci

.

expenditures', it is estimated that approximately $23,000,000
by Central Power & Light Co,/ $17,000,000 by Public
Service
Co.
of
Oklahoma,
$19,000,000 by Southwestern Gas' and
.Electric Co. and $10,000,000 by West Texas Utilities Co.'
V It is presently contemplated that the
required funds for the above
be

Dixon

H.' Walker &

Elkms,
Fahey,

these

.will

1.20

&

Co—

programs;

construction

electric

$1,000,000
-Of

Co.;"Inc.—

House

'Ctouter

Co:—1.20

&

.70

*

the net proceeds not

period
Sept.
1", 1949-Dec. 31,
allocated as follows: $19,000,000

-additional

Co.l

Dempsey-TegeleF & Co.—
V Doyle, O'Conhor & Co.,
'Inc.'"

four

proceeds

subsidiaries,'subject to
the

&'

Staats

.

.

Service' Co.,

6f the company

name

Company

Company:

for

company

1.20

Co. "

.70

follows: Central Power and Light Co.
(Texas);
Oklahoma; Southwestern Gas & Electric Co., and

the remainder of

the

it

Co.—:——

At least $7,000,000 (but not to exceed
$8,000,0001 will be used for the
acquisition of additional shares of common stock of Central Power &
Light Co. and Southwestern Gas & Electric
Co., for the purpose of
assisting them in financing a part of their construction1

by

Blunt-Ellis

Blair~&

from

From Jan. 1-^

.60

Curtiss,

as

PURPOSE—The net

and

1.20

Co.—___

14,119,513

from

\ Grogs

Co.,.Incri"""".40

1.20

R.

Net
Net

.69

7 7-

Coolcy

Illinois Vv

and

'•

principal public utility operating com¬
panies
(below) • engaged mainly in rendering electric utility service.
Company does not own or operate any physical
properties.
i

Public Service Co.

Barret, Fitch &
William

Cruttenden &

By agreement of merger effective Feb. 3, 1947,

company and the
South West Corp.

&

1.20

•

AND

merged into the
Central

1.20

-

>.•

Gross
3

.60

TiHurCh

13,98!)

13,299,6£6

$1,327,372

.

Chicago Milwaukee St. Paul & Paeilic RR.—Earning!

.60

Texas National Corp.—_
Wulff, Hansen & Co.+_„
Wurts, Dulles & Co

posworth, SulliVan & Co.,

Further details
v'

company,
South West Utilities Co.

to

Henry F. Swift & Co.—„

1.20

Dominick

H.

103,031

income

September—

.60

Simmons-^.
Campbell, McCarty & Co.,
"inc:' ——jl—l—

Mason,

,

;;

.60

Co.—

1.20

&

J. R;

SUBSIDIARIES—Companyt a public utility holding
Was Incorporated'in Delaware, July
31, 1925, as Central &

its

Gardner_„„

1.20

R.'

common

.

.60

Corp..

-ft'* CompainyT
Kebbon, McCormlck £ Co.

'•:/

of

(EST) Nov. 18,1949.

p.m.

,

&

1.20

Milwaukee

Paul Hi

.stock may subscribe for one new share
for each 10 shares
held of record Nov.
2, 1949. The subscription warrants

follow:'

Schwabacher &

Dlttmar

ing group jointly headed by Blyth & Co., Inc.;
Smith,
Barney & Co. and Harriman Ripley & Co. Inc. The win¬
ning bid named a subscription price of $12.8750 per
share, less underwriting compensation of 32 cents per
-

Reinholdt

2.95

1—1:

144,202

railway—

'peficit—V. 170,

Moroney, Beissner & Co.'_
.60
Newhard, Cook & Co.—.60

Whiting',' Weeks & Stubbs
Richard W. Clarke CorpiJ

Offered r

underwriting of 4

r/s

4.70

2.95

G.

corporation's offering to common stockholders of 725,567
shares of additional common stock
(par $5) was awarded
Nov. 2 by the
company to a nationwide investment bank¬

.

ry." oper!

Swiss American Corp.
Tucker, 'Anthony & Co.—

South West Corp.—Common
—As "mentioned in our issue of Nov. 7

share.

from

Net

Sons—

&

&

Sutro"&

170, p. "1799.

Central &

,

Net

.60

Company-—
Shuman, Agnew & Co.„_

1,243,101

$1,357,631

.60

.40

Stroud
income

Net

-V.

Son—

2.95

Co.—'

&

Maynard

$5,047,051

deductions

&

Harden-

&

307,936

155,940

railway^

Williams

Coe—.60
The Marshall Co.J
:
.60

William

$1,735,907

_•

from

Levy &

Co.—

Russ
Gross

Gross

Hilliard

2.95

1946

322,676

income

oper.

1947

$1,676,194

319,582

Mackall

A, E. Masten & Co.

-Co._—r.7—__

Brown

The

6,712

.

J.

ry.

1948

$1,503,185

—

From Jan. 1—

.60

:

Lawson,

4.70

Co

Securities

Brooxe
Alex.

$5,040,339 J

Net

.60

—

01ds7_

&

1949

'

*

railway—

from, railway

B.

Securi¬

&

Weeks

Boenning

Mos.—1948

California Co

from

Net

4.70

Moseley & Co.i____„

Baker,

;""'l949—12

are' as

•

•

Percent,
First

Co.,

Langley'fc Co.____
&

Dominick
Other

&

__

$5,234,967 $20,340,893 $19,159,928
3,848,949
15,014,064 ' 14,119,588

£.076,049

■

••

3

Chicago Indiaiiapolis & Louisville Ry.—Earnings
September—
Gross

4.70

Adamex

$5,810,553

Ripley

.

ties
Corp.
.7,
Clark, Dodge & Co.__—
Dr'exel & Co.-l:

fl,664,473

Co.—Earnings—

1949—3 Mos.—1948

Operating revenues ___.l
Oper, :exps. and taxes—

•»

Forgaii & Co._

C.

F.

Central Power & Light

subscription warrants,

J.

Glore,

1167.

Period End. Sept. 30—

of

Goodwyn

W.

$8,054,073

$5,955,336

exercise

Harriman

$8,062,603

DrO, 741

$4,234,311

the

Inc.

$6,266,461

—

the

Percent.
Blyth & Co., Inc.—4i70
Smith, Barney & Co.—
4.70

Stone

income

p."

subscribed for upon
iollows:•* *
•

4,679,562

'Z)r28.454

_

._

deductions

170,

5,028,843

of the underwriters who have
severally
percentages
indicated
opposite
their
725,567 Shares of Common Stock as arc

the

such of

names,

not

3,021,000

3,625,623

$5,898,711

—~1—..

income

Income

—V.

income

income

Gross

3,951,756

2,253,000

taxes

——;

Operating
Other

'2,973,661

2,851,351

income

respective

(1911)

names

agreed
;

3,885,139

Depreciation
taxes

UNDERWRITERS—The
to' purchase,
in

*

1949—12 Mos.—1948

3,815,580
3,311,518

-

Other

Corp.—Earnings—

1949—9 Mos.—1948

$30,206,033 $32,136,796 $40,765,589 $42,651,573
12,353,702
14,356,033 ' 1'7,370,378
19,761,310

——

Federal

THE * COMMERCIAL & FINANCIAL CHRONICLE

/

per year.

and advertisementf must be made in New York fUQ&3«

"7

4

(1912)

which
last

THE
with

compares

$15

year,

of

The

class

voted

7

stock

common

stock,

at

isi callable
The

of

A

preferred

paid.

was

Nov'.

on

share

per

$105

plus

the

annual

at

1948.

On

Dec.

15,

special meeting

a

each

shares

12

of common

83,000

shares

accrued

any

rate

of

the offering
class A stock.

of

outstanding,

are

dividends

$6

and

receives

(par

share.

a

parallels a corresponding plan announced
on
Nov. 7, to be submitted by the Coca-Cola Co. to its stockholders.
The offer by Coca-Cola International Is contingent upon Its accept¬
ance by the holders of a majority of the class A shares of the
corporation

and

upon

parallel

a

plan

of

the

Co,

Coca-Cola

operative through the tender of at least 50%
df thstt company for exchange under its plan.
the

proposed exchange, if effectuated, will occur early in
•Common stockholders of record at the close of business
entitled

be

will

plans

Dec.

to

will

to

ma.i

to

the

at

vote

notices

the

of

meeting

the

Nov.

have

18

;.

Bureau

ized

stock iiom 203.009 to

common

Coca-Cola

also

See

209,874

above.—V.

Co.

170,

300.

Colon Development Co., Ltd.—Production—

465,854

barrels for

weeks ended Aug. 29,

tiie four

1949.—V. 170,

70%

so

to

as

the

are:

Moines,
of

at

Ry.—Earnings—

$1

Net ry.

1948

1947

1946

$165,698
55,666

$234,403
102,753

$178,141

$134,885

73,385

51,273

50,367

35,181

21,043

the

income—

oper.

the

Net

from

idea

trust

a

From Jan. 1—
Gross

S.

1,475,072

967,898

to

892,061

619,680

298,581

families,

335,621

521,634

292,508

189,826

resulted

Young,

Vice-President and

a

Combined Locks Paper Co.—Stock

A

stock

common

One to
D.

M,

Bare

due

Paper Co.

serial

Class

A

Class

slock
—

—

18,

Insurance

Co.

redeemed

preferred

Equitable

retired

20, 1946,

in

Life

Insurance

August,

Co.

of

Iowa.

in Delaware Feb.

since 1889.

,

by

D.

M.

Eare

Paper Co., a wholly owned subsidiary, was acquired
on July 15,
1946, at a cost of $156,400 through the
of
the
outstanding stock of that corporation.
It

the company

purchase

all

of

operates

mill

located

at Roaring Spring,
Pa., at which it manufac¬
by the soda pulp process and manufactures and
gels quality book and magazine papers.

The

Co.

a

chemical

tures

book

are

and

pulp

principal products
grade

catalogue,

the

of

The D. M. Bare Paper
telephone directory papers

and

company

magazine

papers,

rotogravure,

and

carbonizing

and waxing papers.
Coated
papers, which for the fiscal year ended Feb.
28, 1949, constituted
approximately 34% of the company's tonnage production and 33% of
total sales value,
have been manufactured at the Combined Locks
(Wis.) mill in commercial quantities
only since 1946.

.PRODUCTION
1949,

the

Combined

the
at

D.

M.

Bare

mill

D.

in

Locks

M.

mill

on

Bare

in

in

1941,

and

gieatest

present

ended

Feb.

daily

a

11,045

volume

capacity

tons

produced

attained

of

the

that

at

Combined

15,000

is

sale

or

the tonnages

during each

the

mills

present

management

to

foster

sales

of

the

a
contract basis, as distinguished from a
nun-contract basis.
The following tabulation indicates
shipped by the company and its
subsidiary on each basis

of the

on

last

three fiscal years:.

29,

Feb,

28,

—

j

Net

D.

M.

Bare

Paper

for

Co.

29%

13,158

83%
the

1947.

23%

10,090
17%
eight months ended

DIVIDENDS—Since April, 1949, when the
company class A
stock was
created, two cash dividends, each of 25c per
share,
paid to the holders of the class A common
stock on June 1, 1949,
ami Sept. 1, 1949,
respectively.
A dividend of 25c
common

stock

has

15

been

stock.

It

is

the

RECENT
DEVELOPMENTS
eiAtely following the lormation
sition

of

Locks

Co.

the
of

assets

modernization
production,

as

on

its

previously outstanding

intention of the board of
the class A common
stock.

on

directors

the

EXPANSION

necessarily

During the period

designed

to

improvement and
capacity and speed of

increase

as

from

March

1.

1946

SSSItA aPPr0Xlmat<"1y $2,445,000
The improvement

stantial^ complete.

in

program

to

June 30,

pursuance
initiated

During the balance

ending Feb. 28, 1950, the

of

of

in

the

1949 the company
its

improvement

1946

is

present

now

fiscal

sub¬
vear

management estimates
that capital expendi¬
aggregate approximately $190,000.
As at June 30
1949
the
had

company
commitments in connection
with
8mm in the amount
of
$120,000, and as at
commitments aggregated $135,000.

ACQUISmON

Februaiyr,

OF

predecessor

ASSETS

OF
.

1946.

John

Hemphill, Noyes &
in

the

of

who

such

of

had

Co.

interest

F.

Cuneo,

one

(now

of

its

improvement

Aug

31

1949

'

prothese

of

of

incorporation

STATEMENT

OF

Such

to

the

COMPANY—In
selling stockholders and

Hemphill, Noyes, Graham, Parsons
&*Co )
certain of the
selling stockholders caused




53,648,658

52, 606,301.

3,342,400

20,641,200

18, 258,300

$8,942,104

$8,725,107 $50,344,378 $50,379,952

44,602

29,113

374,765

174,823

$8,754,220 $50,719,143

$8,986,706

$50,554,781

3,703,173

3,286,548

$5,283,533

$5,467,672

14,173,003

J

13.660,960

per

of

$36,546,140 $36,893,821

share___

common

$2.35

$2,29

2,511,112

2,436,152

10,077,707

9,777,701

9,794,307

55,566,943

10,096,514
56,741,253

1,553,085

1,515,544

14,470,677

16,451,243

electricity—

(Company only)
Period End. Sept. 30—
revenues_____

72,762,751
37,190,171

expenses

Maintenance

1949—12 Mos.—1948

Fed.

S

'

7,200,000

other

eral

$

74,414,147 315,474,880 314,841,982
37,369,158 154,874,419 154,586,055
8,382,669
31,726,021
32,458,619

7,623,358

Depreciation
Taxes,

6,700,000

28,000,000

26,376,629

10,829,594

than

10,720,728

43,350,026

Fed-

income

2,440,000

2,925,000

43,975,419
16,797,000

7,479,628

8,316,592

40,102,021

120,292

121,132

740,423

604,164

income

7,599,920

deductions

8,437,724
2,455,586

40,842,444

42,714,818

2,882,441

10,324,321

9,857,468

32,851350

Income

tax (est.)—.
v,

15,960,000

:

sale

Operating income
Nonoperating income

42,110,654

"

with
Gross

became

amended

'1949—3 Mos.—1948
$

Operating
Operating

Hemphill,

shares

was

INCOME

(INCL.

Feb. 28,

30,'49

so

as

Net

339,336

$372,026
9,759

$1,677,219
28,386

$35,600 of

$1,384,453
75,971

138,251
21,296

425,321

601,619

466,533

67,650

89,857

85,600

$205,240

$671,257

$983,438

16,997

;•)

income——,

taxes

interest

and

and

$10,087 in

:

•

7,

of

the
&

organization

Southern

by Granville

of

Coip.

this

of

rate

'

York,

of

The

service

these

the

to

latter

c.ty

The

of

tne

the

business
The

company

history

work

the

over

than

more

since

people.

of

has

company

in

15

past

1,400,000

public
York

of

years

its

services

independent

an

utility,

40

more

and

kilowatts

of

in

The

capacities

Service offered by the
Commonwealth
organization
in¬
engineering, accounting, taxes, insurance, pensions
plans, rates and rate audits, purchasing, merchandising,
public relations, stock transfer, and general consultation and
reports.
Officers, who are also the ■ directors of Commonwealth Services
Inc., are: Granvlile H. Bourne,
President, William G. Bourne, Jr.,
Vice-President, and Treasurer, William B.
Tippy, Vice-President, J. H.
Foote, Vice-President, Walter J. Herman,
Vice-President, Harold S.
King, Comptroller and Edward E. Nelson,
Secretary.

financing,

the

new

George

C.

engineering

organization

J.

are:

Nov.

and

J.

R.

J. Dissrneyer,
Jackson, Michigan.

of

Professional

services

of

V.

the

Compania Salitrera de Tarapaca
non-interest

clusive,- have

been

these

sufficient

bonds,

forms
N.

are

M.

&

company in Chile.
1.

to

the

exhaust

the

at

Sons

the

London,

of

sum

Trust

series

has

company

Schroder

in

bonds,

invited

In

at

or

not

A

£51,342.

Co.

England,

These forms must be filed

will

will

be

be

examined

notified

by

2117.

p.

that

income

in

letter

London
on

or

Prov.

for

Federal
Other

depreciation—

income

taxes—

Fgderal taxes

New

the

later

Redemption
York
City,

office

than

3

on

Dec.

before

15,

Dec.

22,

1949

of

the

p.m.

atfci Ibcal taxes—

State

and

1949—V.

Net

Other

oper.

income

revenues

(net)

Gross

Income
Net

—V.

income

deductions
income

170, p.. 688.

the

at

debentures
-

said

be

the

for

a

bonds

new

35-year

will

term,

carry

subject

to

23/4%

a

the

Com¬

bonds is also subject to stockholder
approval on
of certain proposed amendments to the
company's mort¬

;

new

•

to
S

....

.

.

of
the
financing will be used primarily
$19,259,000 of outstanding series P and

1949—Month—1948

$2,760,309
170, p.

.

redeem
3%

;

the

bonds.—

Consumers Power

Co.—Earnings—

Prov.

for

expenses

770,417
25.000

819,789)

300,000

300,000

4,395,800

$1,380,211
debt-

,972,120

7,969,307

j

income

long-term

on

25,000

935,597

income taxes

Gross

1948

acquis.

taxes

Federal

1949—12 Mos.

$6,867,574 $91,239,255 $84 ,999,346
4,081,279
50,837,953
46 ,848,712
688,083
8 ,082,000
8,998,000

4,349,232

depreciation

of plant
adjustments

General

$7,469,457

.

Amort,

Int.

1949—Month—1948

revenue

Operating

1949—10 Mos.—1948

$3,738,476 $25,389,815 $28,142,820

1392.

Period End. Sept. 30Gross

,758,063

$1,253,423 $18,738,195 $18,038,450

342,839

345,249

4,126,031

4,150,296

and

exp—

36,226

36,211

Other deductions

434,685

434,870

(Cr)__

61,699

83,375

710,079

682,579

Amort, of debt

premiums

Divs.

discount,

income
on

$1,071,845
280,790

$955,338 $14,887,557 $14,135,863
280,790
3,369,192
2,691,192

$791,055

$674,547 $11,518,365 $11,444,671.

preferred stock

Balance

170,

The
for

v

1696.

p.

1949—9 Mos.—1948

the

1969,

'C49—12 Mos.—1948

$5,650,697

$6,088,641

3,719,5'>4

4,750,450

4,864,468

203,619

174,247

274,455

89,595

247,919

92,259

96,820

365,499

284,338

383,168

to be offered at
New York.

3

filed

debenture
100

a

letter

bonds,

and

.

notification

!

with

the

to

■

.

SEC

Nov.

1, 1949, due Nov.'Il.
Underwriter, R. M. Horner <fc'
expand business, etc.—V. 168.

interest.

Proceeds will be used

1142.

of

dated

«■■■!

Cuba Northern Rys.
ments—

■«

In

accordance

the

with

Procedure

a

for

Co.- -Principal and Interest
Pay-

Transitory Provision of
Deposits, and the Plan

the

Constitution

of

for the Issuance of
payments will be made on Dec.
1, 1649, of
interest of $3.79 per $1,000 original
principal amount of first mortgage
gold bonds, 5%%
series of
1942, due 1942,

"part-redeemed."

presentation

of

bonds

for

stamping

$GZ,606

$178,644

$221,809

254,023

253,733

338,813

337,589

$517,457

$559,399

$392,246

•345,340

37,707

.r.5,918

54,609

167,215

$354,53b

$309,421

$462,848

$392,184

the

of

rider

and

attached

upon

thereto;

of $33.39 per deposit
receipt "part-redeemed," for $1,000 original
principal amount of said bonds ($3.65 interest
payment, S15.68 prin¬
cipal payment and $14.06 cash payment in lieu of
participation cer¬

tificates

for

withheld
Nov.

at

21,

1949,

amounting

source)

1949.

to

holders

to

The New

York

$14.93

of

less

record

Stock

the bonds be

$138,223

,t

Nov.

on

5%

Participation Certificates,

$4,501,653

127,227.
75,058

company

$250,000

Co.,
p.

168,

3,475,498
114,531

268,612

of

on

United

$4,154,021

69,172

will

Sales

Cuba,

87,982

value

1595.

Credit Acceptance Corp.—Files with
SEC—

N, in¬
tenders of

Connecticut Railway & Lighting Co.
—Earnings—
—

the

of

17, 1949

—V.

to

•

Period End. Sept. 30—
Operating revenues
Oper. exp. and maint—

stock

common

face

of

out¬

Only

officials,

Antofagasta (Tara-

y

Payments will be made in English pounds
sterling,
dollars, or Chilean pesos by the redemption
agents.

Tenders
result

notified

available

Rothschild

bearing

into

each $5

the

1957.

Consolidated Retail Stores, Inc.—October
Sales Lower

Antofagasta Nitrate Co.)—Tenders Sought—
of

for

30,

Sept. 30,

on

investors.

President,

Period End. Oct. 31—

-V.

Holders

outstanding

convertible

170, p.

next,

Sept.

170, p. 1800.

Net

engineering company include consult¬
ing and design engineering in the
electrical, mechanical, structural
and power plant
fields, together with engineering investigations and
analyses, and the preparation of expert
testimony and reports.

paca &

sale

company'3

H.

Foote,
North,
Vice-Presidents,
Secretary, and Russell W. Parkinson, Treasurer,
Daniels

were

Debentures—

20,

due

approval.

gage.^.;,

welfare

of

are

common

1949.—V.

and

coupon

mission's

years.
a
billion dollars of financing
engineering forces have designed

1930.

clude

and

of

20,

Schmidt,

interest

other

the

plant

$250,000

Dec.

on

debentures

$20,000,000 issue of its first refunding mortgage bonds to

company,

industrial and

generating

of

Corp.—Calls

redeem

limited

and

electric

Dec.

to

convertible

several institutional

than

its

46,046,846

voted

debentures
share

one

to

Proceeds

Jackson, Michigan, the
engineering organization.
is owned by its officers and employees,
The company and its predecessors have

than

more

handled

as

in
New

headquarters

numbering about 400
a

established

now

business

located

are

being

stock

is

conduct

Offices

formerly
System,
with

45,318,666

Consolidated Gas Electric Light & Power Co. of
Bait.
Sell Bonds Privately — The
company announced
Nov. 9 that contracts had been
signed for the private sale,
subject to approval by the PSC of Marry land, of a new

tl

subsidiary, Common¬
Mr. Bourne.;'
owned by the operating

was

Comomvealth

companies,

authorized

fields.

which

company,

in

The

announced

was

H.

Bourne, President.
Organization of a wholly owned engineering
wealth Associates Inc., was also announced
by
companies

9,536,506

8,318,756

1800.

—To

of Federal

refund

formerly

company,

New

9,492,375

Engineering

have

issue

an

The

prior

$756,347

1949

paid

directors

said.

14,432

$1,705,606
30,690

;

30.518,123

170, p.

standing series A 6%

$1,370,020

37,437

$381,785

—

5,982,138

2,303,396

8,345,561

ft—

gas—cu.

Consolidated
The

244,487

$1,225,102
60,873

—

lcomc

of

"000s omitted.—V.

28,

$7,142,177
5,527,668

276,969

$1,187,664

4,717,479

2,369,601

electricity—

1947

$10,769,454 $10,152,249
9,242,453
8,198,060

133,723

of

kilowatt-hours
"Sales

Feb.

1948

income

"Sales

SUBS.)

Feb. 29,

1949

$3,284,041

I

Completion
Nov.

to

•

12,386,013

0
f gas—cu. ft._
"Sales of steam—pounds
"000s omitted.
/

common

four for one,

up

100,000

'

PREDECESSOR
of

'

,3,122,300

"Sales

originated

families.

expenses)

split

was

instead

2,778,291

Commonwealth

PROGRAM—Imme-

of

expenditures

tures wui

shares

Commonwealth Services Inc.—Organized as
Independ¬
ent—Formerly Part of Commonwealth System—

Dec.

to reduce production
costs.
In addition,
sub¬
were required
to be made for
repairs and main¬
deferred during the war
years.

stantial

tenance

program.

Society

Berlin,

deducting

stock

4 Mos. End.

State

States
AND

$

(est.).

tax

kilowatt-hours

Mr.

the

program
well

1946

the company in 1946 and
the acqui¬
predecessor
corporation, Combined Paper
company entered upon an

of

Wis.,

the

payable Dec.
1
1949
to
dividends had been paid since

No

in

present

quarterly cash dividends

on

declared

1949.

company

common

to pay

share

per

holders of record on Nov.
the organization of the

"Sales

Equitable Lile
(Mutual), Des

Co.,

in
connection
with
Federal taxes of predecessor corporation.—V.
170, p. 194,

CASH

common

A

E,

"Excluding $190,850 in 1947 and 1.948,
and

all

77%

*

'

/

13,144,322

income

Income

Edward

of Total

Fed¬

deductions (net)

Earnings

cumu-i

Nebraska, the Treasurer
of the Soldiers, Sailors

7,500

members

certificate

State

were

class

the

profit

President,

Shipped
14,268

71%

42,983

-

48,161

The

and

Richard

shares

deductions———

Tonnage

%
of Total

34,348

1946——_r—_

1949—

•Includes

Feb. 28,

1949,

income

Contract

Tonnage
Shipped

1947

Feb,

400,000

———

Officers

Contract

Year Ehded-

Net

preferred

.

of

Non-

•Feb., 28,

that

Federal

28,

own
mill and 14,280 tons
with 39,734 tons produced
tonnage volume realized by

years,

the

year

its

greatest

recent

The

years.

at

compared

the

fiscal

oh

annually.
the
policy
products of both
spot

mill

tons

This

1941,

the

a
three-shift basis is 160 tons, or about
48,000 tons
on a
six-day week.
Present capacity of the D. M. Bare
similar production schedule is 50 tons
daily, or about

tons

It

in

company

recent

annually
mill

45,243

mill.

Locks

predecessor
the

SALES—During

produced

company

at

at

AND

of

Account

16,500

(before

t2,615

predecessor which had engaged
in
the manufacture
Of
mechanical pulp
and
the manufacture
and
sale of lightweight printing and other groundwood
specialty papers
'The

Co.

4,/2%

cumulative

Insurance

Assurance

the

the common

Other

its

of

authorized

4 V2 %

"Prov. for income taxes:

Mutual

1949, pursuant to provisions of

BUSINESS—Company, incorporated
business

1948,

100,000 shs.

.

fund.

continues the

for

for

a

300,000 shs,

100,000 shs.

—

«£

r———

income

Income

4'/2%

t50,000 shs.

in equal amounts to The Connecticut

ana

Life

the

Insurance

to

created

sales

of

Other

200,000

300,000 shs,

and

sales

Gross

50,000 shs,

——

slock sinking

'HISTORY AND

in

Total

1948,

them

Sell,, adm. and gen. exps.

notes,

par)

income

Gross

"700,000

-

Feb,

by

trusts

April,

Cost

($1 part:

B

"Issued
shares

($25

Central

June

Net

200,000

pfd.

cum.

Common stock

Life

respectively,

CONSOLIDATED

Outstanding

700,000

8,568,750
than

income

'

'

1

1949—12 Mos. —1943

$

82,707,693 367,447,986 364 ,267,630
40,103,313 172,130,003 173, 878,453.
9,675.860
37,277,497
37, 551J996
7,975,000
33,406,250
31, 592,623

9,050,838

Operating income
Nonoperating income

.

$180,000

1951-60

4Va%

Life

3%

Mutual

Life

its

of

of

Connecticut

Period—

$300,000

Fed.

by Hemphil, Noyes & Co. were sold, at $1.35 per share,
employees of the firm or members of their immediate

or

or

result

(par $1) at $12.25 per

five-year 214% bank loan
15-year 3V<% notes

to

shares of

3a,368,568

—

other

eral

reclassify the outstanding 400,000 shares of common stock into
100,000 shares of class A common stock (including the shares nowoffered) and 300,000 shares of class B common stock, each of the
par
value of $1 per share.
j
1

CAPITALIZATION, JUNE 30, 1949

Six

Taxes

transaction above, and to the Muriel J. Eerlin Trust,
by Mr. Berlin for the benefit of members of hfs imme¬
Of the shares so sold, Mr. Berlin purchased 10,000 and
14,000.
Thereafter, all of the 22,500 shares of common

January,

In

Proceeds go to selling stockholders.

•

50,000

81,196,882

•

'

'

"

expenses

Depreciation

outstanding.

Offered—Hemphill,

Authorized

of

amounted to 1.1C9,800,608
feet in the same week

cubit

1949—3 Mos.—1948

revenues—..—

Maintenance

elec¬

to

Noyes, Graham, Parsons & Co., Oct. 31 offered 30,000
shares of class

Operating
Operating

of

220,100,000 kwh.,
week of last

17.5%.

$

the

partners

the

director, has been elected
170, p. 1800.

a

shares

holders

gross
profit
Noyes & Co. of $7,875.

to the newly created office of Executive Vice-President.—V,

share.

of

stock retained

2,016,154

Columbia Gas System, Inc.—Official Promoted—

•^George

Iowa,

of

share,

Trust

In
*

Period End. Sept. 30—

created

711,217

railway—.—-Net ry. oper. income—.—V. 170, p. 1291.

issue

distribution

corresponding

week

same

1,020,800,000

increase of

an

local

amounted to

the

CONSOLIDATED INCOME STATEMENT

of

$700,000

family.

1,872,643

railway

from

10,000

Connecticut
of

purchased

diate

22,806

railway

of

with

that

1949,
for

of gas in the

compared

preceding year,

participa¬

purchase

loan

par), of which
40,000 shares were
the redemption of the 4%% partici¬
stock.
In June, 1949,
the company sold

The

Bankers

State

per

stock

from

The
the

in

the

feet,

of the

6,

Marines

1949

September—
from railway

in

an

cubic

Fund, and Agnes B. Noyes, wife of Jansen Noyes, a
partner of Hemphill, Noyes, Graham, Parsons & Co.
Upon the consummation of the acquisition by the company of the
assets of the old company, Mr. Cuneo and
Hemphill, Noyes & Co. sold,

Oct. 29, 1949 had 376 stores in operation, compared
with 379 at Oct. 23, 1948.—V. 170, p. 1188.

Gross

& Co.

and

announced

kwh.

($25

pieferred

stock.

The

Co.

Iowa;

the

and

The company on

Net

authorized

an

stock

remaining

stock

43 Weeks Ended

create

preferred

preferred

Insurance

Oct. 29, '49 Oct. 23, '48
Oct. 29, '49
Oct, 23, '48
$13,348,191 $13,174,057 $137,255,479 $136,720,410

Colorado & Wyoming

Noyes

stock

9

reov.

206,600,000
increase of 6.5%.

Local distribution

4Vi%

time the loans were made, the $700,000
Hemphill, Noyes & Co. was repaid by
upon
the acquisition of the assets of the

immediately

cumulative

privately

Colonial Stores, Inc.—Current Sales Show Gain—
4 Weeks Ended

year,

series,-at
Mr. Cuneo and
aggregate amount of

Hemphill,

preferred

on

with

privately to provide funds for

pating

"'

—-

of

end

company

compared

30%, respectively.

lative

Sales

arid

stock

and

cumulative

1696.

p.

Cuneo

company

sold

354,167 barrels,
which compares with
weeks ended Oct, 3, 1949 and 369,375

amounted to
barrels for the five
1949

31,

Mr.

amended

announced that is production in the four weeks ended

The company

preferred stock,
leans made
by

Consolidated Edison Co. of New
York, Inc.—Output—

This

tricity for the week ended Nov.

,

'*

Oct

gf 40,000 shares of
store), and through

Monday, November 14,: 1949

acquiring

company out of funds obtained by the sale, by the
company, of
S. Government securities included
among the assets acquired from
the old company.
In June,
1946, the certificate of incorporation of the company was
amended so as to reclassify the 40,000 shares
($25 par) preferred
stock, 4 Va % series, into 40,000 shares of 4%% participating cumu¬
lative preferred stock (jpar
$25), and the 40,000 shares of preferred
stock, as so reclassilied, were sold by Mr. Cuneo and Hemphill, Noyes
& Co. privately to Institutional investors at
$25 per share.
In
August,
1948,
the
certificate
of
incorporation
was
further

shares.

p,

of

purpose

old

Internal

of

the

U,

common

Revenue, and the New York Stock Exchange.
The stockholders oil Dec. J9 will also vote on increasing the author¬

the

for

CHRONICLE

Pursuant to agreement at the
made by Mr. Cuneo and

the

by which time it is anticipated that, the requisite clearances
been secured from the Securities and Exchange Commission,

X,

incorporated

loan

1950.
on

and
per

common

were

A

19, The corporation
stockholders prior

Dec.

on

to

meeting

of

tions

becoming

class

be

FINANCIAL

Hemphill, Noyes & Co. to the company in the
$700,000, and bank loans in the amount of $500,000.

shares
It is anticipated that
the

of

$1),
($25

par

exchange

proposed

to

Company

&

all of
the assets and assuming all of the liabilities of
Combined Locks Paper
Co. (Wis.),
The purchase price paid
by the company for the assets of
the old company was $2,233,200.
Company obtained funds with which
to maRfe payment of such
purchase price and for its other organiza¬
tion expenses through the issuance and sale to Mr.
Cuneo and Hemp¬
hill, Noyes <fc Co., at $1 per share, of 100,000 shares of common stock

...

•

about

share

a

div.dends

in

the

proposal to authorize

a

for

wliicn

or

paid

call

to

Dec. 19 to act on

on

share

one

share

pel'

The directors

stockholders

$37.50

COMMERCIAL

Cuban

at

tax

the

Exchange

close

on

Nov.

of

$.87

to

be

business

of
4

on

directed

that-

quoted ex-inte:est $3.79 per $1,000 bond on Dec.
1, 1949;
be quoted ex $34.26 per $1,000
deposit receipt
that the bonds and deposit
receipts shall continue to
be dealt in "Flat," and the
bonds, to be a delivery in settlement of
Exchange contracts made beginning Dec. 1,
1949, must have the rider
attached thereto stamped to show the
above payment.
that
on

the deposit receipts

Dec.

1,

Interest

York,

N.

1949;

is

payable

Y.—V.

170,

on

p.

the

4.

-bonds

at

the

Naional

City

Bank

New

Volume-170

Number 4855

THE

COMMERCIAL.

& FINANCIAL

CHRONICLE

5

(1913)

•it

Cuba

RR.—Principal and Interest Payments—

In accordance

with

the

Procedure

Issuance of Participation
t, J949» vof

$33,39

for

Certificates,

($3;65

interest

;

.

.

Deposit, and the Plan for

will' be rtiade

payments

principal

payment,' $15.68

STATEMENT OF CONSOLIDATED SURPLUS

„

the

fen' Dec.

Nine Months Ended Sept.

30-/'

i'-

BALANCE-SHEET

1949

32,500,000

amount

business

Nov.

on

,The New
contracts

'*

21, 1949.

York

Stock

Exchange

the

deposit

receipts

in

'
4

Nov.

on

Nov.

<•

..

on

$34.26

ex

directed

that

Total

Exchange

Total

17,

Gfpss

Net

revenues.

U.- S. " income

Canadian

$5,664,994

63,408

1,022,618

8,841

taxes....

26,911

*

taxe3_

509,272

taxes

685,936

—; 616,037,293 501,956,142

'

559,193

1,543,804

1949

Earnings
—V.

224,643

.

share.

per

170,

181,651
*

$0.81

1'

■

income

•Deficit.—V. 170,

1,614,242

176,840
223,743

224,643
$1.12

-

$0.79

302.

p.

786,393

872,880

2,337,457

2,646,310

$1,977,971

"$63,748

$5,222,624

Tonnage milled

Estimated
—V.

Denver & Rio Grande Western RR.—Earnings

Net

ry.

1948

$5,564,115
railway...1,342,831

from

Net

1949

income

oper.

Net

from

from

Net

ry.

railway..:

$5,351,873
1,485,123

1,013,859

1,150,246

684,733

and

ICC

Oct.

on

41,375,728

14,401,717

9,488,952

40,295,430
5,330,766

9,157,296

5,393,400

2,908,045

liability

in

certificates,
Trust 'Co.

of

respect

series
of

authorized

O,

not

in

connection

—V.

p.

1596.

170,

with

by

profit

Com.

shares

sold

at

and

99.5223
of

procurement

certain

accrued

equipment.

The

stock

an:

agreement

also

V.

Nov.

on

from

28

1,000,000

dated

Oct.

will

Subs.)—Earnings—

r

1949—9 Mos.—1948

$708,553

$909,816

$2,481,097

$3,086,469

outstanding^ ,',1,230,500

.1,230,500

1,230,500

1,230,500

$0.74

$2.02

$2.51

share—

com.

$0.58

charges and Federal income taxes.-

;/

11,

increasing

the

authorized

*

1949,

170, p. 1801.

v

,

:

The

Period End. Oct. 31—

1949—Month—1948

Sales

$1,600,353

—V.

170,

$4,267,454

March

Albany,

Erie

■'■'v,

The

Net

ry.

recently

declared

50%

a

dividend

stock

its

on

ordinary registered stock, payable Dec. 2 to holders of American deposi¬
tary receipts of record Nov. 10, 1949, through the Guaranty Trust Co.
of New

York.

The

Nov.

Committee

5

ruled

Securities

on

that

the

American

registered stock be quoted "ex"
Nov.

way on
Each

amount

been

7,

dealt

split up

tive

Dec.

said 50%

receipts

for

receipt

1949,

from

Net

ry.

Curb
time

registered

stock.

registered

£1

Such

stock

sterling

as

principal

has recently
each, and effec¬

4s.

shares

in

exchange for and

Exchange
the

at the

American

have

picked

Ueland

I.

Sales
still

for

receipts

unlisted

for

the

full

first

the like

the

on

President.

the

behind

but

basis

fiscal

The

five

the

and

court

months

period

Dec.

4s.

2,

Oper.

Pyrene

A.

decline

a

above

was

as

in

year

ago,

the

payment
Pyrene
of

by

fiscal

company's

result

a

the

of

earlier

Net

1949,

of

the

4

announced

lawsuit

a

Co.

dismissal

the

it

brought

seeking

of

had

made

against

damages

year

in

last

the

170,

by Pyrene
merchandise

was

the

in

parties

were

brought

in

and

by

year

amount

a

credit

purchase

of

..

the

of

bear

be

to

their

a

New

Jersey

(Including
'

"

.

Net

used

by

products.

respective
state

court

7'

$

;

...

.

.

Total
♦Cost

of

goods

Sell., gen.

&

sold—

adm.

exps.

"B"

$

170,

to

11,438,248

Net

Oper.
Other

oper.

32,096,694

income

income

(net)_^

4,772.100

16.878,800

22,320,000

78,570,000

Fed.;

Prov.

operating

^

excessive

for

struction
Net

Divs.,

costs

Balance
fShs. of

com.

fAmount
share

stock

stk.

com.

49,188,230
2,774,956

2,774,956

8,324,869

8,324,869

($5

$3.20

$4.92

36,184,762 127.669,856

93,245,976

44,832,412

44.632,828

*$1.03

value)

June

basis,

15,' 1949.




i.e.,

after

4

corporation

1949,

the

*$2.85

*$2.09

month

for

1

periods.

stock

"

.

split

JPres-

which

the

Net

ry.

In

declared

stock,

also

since

1949

1948

1947

to

a

guarantee

issue

$1,790,484

$1,629,898

23,378

"57,430

99,413

income—

"343,828

*153,917

*279,937

/
Year

Dividend

We

Dec.

dividend

10

$1.25

of

that

its

The

of

$4.25

holders

to

share

per

It

would

long-term

corporation

$3

eight

anticipated

rate

in

life

sold

each

share

per

in

and

retire

notes

has

1948

Dec.

10,

in

December,

which

had

other

long-term

no

both

on

of

in

of

of

notes

companies

for

its

been

to

was

note

provide

Of

the

addi-.

capital

total

to

was

mature

2Va%

was

long-term

to

increasing working

products.

$96,000,000

$29,000,000

series

or

and

for

amount

an

$125,000,000

a

insurance

demand

balance

whole

gratified

are

to

that

is

thus

years,

to

note

mature

In

1966.

The

these

and

in

notes

could

part at any time.

be

in

than

more

above

^

this

at

correct

level

to

make

General

of

what

time

of

owners

reduced

to

r".'v

/

.

position

400,000

the

helping

stockholder

dividends

has

been

dividend

a

Motors
in

common'

the

postwar'

inequity

an

th£;

to
'

group.

the

first

nine

months

of

1949

sales

still

were

benefiting1

a
backlog of deferred demand and dollar volume was affected '
by the higher price level.
In
this
period production has run
at
high levels.
Employment in General Motors has been at a peacetime
record,
more
than
50%
above
any
figure prior to 1940.
Payrolls'4

have

been

high

economic

levels.

at

peacetime peak.

a

activity,

It

volume

levels,

is
and

over

demand

since
of

the

always

the

Not

war.

to

necessary

out,

prewar

period

believed
years

in

of

their'

from'

c

the

of
.

production
.

dividend

this.

inflation

basis

,

During

for plant facilities, and
of

v
-

to ;.

benefiting

lack

liberal

a

reflected

of

relatively

unrealistic

the

still

,

times

at

be

the

in

case

been

on

are

from
„■

,

the

have
would

sales

resulting
-

four years capital requirements
increased
greatly
as
a
result
was

long

a

pointed

as

has

in

earnings
that
it

,

Motors

dividends

is generally

As

and

recognized

profits

since,

,

General

sales

also

backlog of deferred
during the war.
;

wnich

policy

the

working
has

.las/
capital

occurred

did new capital have to be obtained, but it
in the business a much higher, percentage

only

retain

.v

earnings than prior to 1942.
net

level

of

sales

all

have

have

Thus,

GM

products,

risen

returned

in

in

the general

terms

only

of

cost

today's

approximately
of purchasing power, the

terms

of

living

dollar,

to

GM

and

OAners

the

dividends

their, prewar

dollar"

20,365,031

3,799,649

3,044,765

19,506,998
4,142,35*2

the

income—

"145,395

1,621,805

618,828

1,897,044

ber

Oct.

on

31

The

in

Proceeds

to

is not

be

common

will
used

'

of

stock,
2,

notification

to

for

further

expansion

'

the

general

168, p.

1798.

public at $10 per
of (telephone facili¬

|

,

United

profit

largest

and

In

loss

the

surplus

company's

Massachusetts

profit and
assets
was

were

loss

State

surplus

f;

and

total

history,
Tax
on

$1,149,240,689.

.

"

assets

Commission.

Dec.
On

of

according

Dec.

to

a

'

and

The

3lV

the

income

the

a

busi¬

last

few

in

the

Canada
cars

and

during October, compared with
trucks. Of the total vehicles

passenger

date,

the

United

and

cars

corporation

States

and

36,490

has

Canada

period last year.

PRODUCTION

OF

were

produced

VEHICLES

BY

GM

1949—Month—1948

7

with

r

.//?
cars/

1,807,83/,

./•/-?-

DIVISIONS,

1949—10

Mos/-194B
.

Passenger "—

Septem-

'

-

in''

produce/;

trucks.'

2,421,182

compared

.

MOTOR

Period End. Oct. 31—

y

trucks

and

cars

Chevrolet—

1

108.007

70,709

968,488

27,588

32,074

339,036

658,26A>
328,997'«

28,123

210,704**

Pontiac—

288,718

18,344

250,660

167,986

32,110

20,494

341,199

226,767

7,076

-

—-—T—

Trucks

21,668

24,620

Passenger

5,899

74,750

604

1,965

*

Oldsmobile
Buick

filed

Cadillac

31, 1948, was $809,759v041 and
Dec.. 31,
1947,
the \surplus
were $1,025,733,485.
\

the

/

,

passenger

.

were

/

during

groups

.

242,844

were

to

year

same

1948,

year's gain of $77,739,491 in the surplus figure and tile rise
$2,807,325 ,in reserves indicate that earnings in 1948 were large.
The exact
an(punt of net earnings, however, cannot be determined
from the figures as no disclosure was made of
dividends that may

paid during the year.

and

269,254

206,354

trucks
the

statement

$732,019,550 and total assets

of

States

output cf

produced

Trucks

Vr' ^
'
Ford Motor Co., Detroit,
Mich.—Surplus and Assets at
Record High—
•

other

SEC

sold to present stock¬
at which itime the balance

offered

■:

with

corporation

October

to be

1949,

be

underwritten.—V.

'

letter

a

share until Dec.

per

unsubscribed

Issue

filed

behind

October Car Production—

21,962,353

/

lagged

years.

3,120,290

170, p. 1234.

have

ness

19,902,941

company

have been

in

paid

per

record

of

paid

^

of

for plant expenditures,

the

payment

for

account

of

Alfred P. Sloan, Jr., Chairman of the Board, and C. E.

\ "

■

,

railway.

oper.

the

to

"269,848

28,500 shares (par $10)

The

the

up

.

year-end

a

with

1946, General Motors

$125,000,000,

interest

For

with

13;

by

corporation

'

group

the

meet

level.

1946

$1,733,458

"15,596

Florida Telephone Corp.—Files with SEC—

share

Nov.

on

1698.

p.

payable

announced

1946.

/

August,

issue

railway——

shares

avails

console

.

the

to

foreign

Declares

—

compares

$125,000,000

indebtedness.

wage

$1,495,240

from

from

total

"$0.61

of

10

hitherto

railway—
railway——-

From Jan. 1—

Gross

44,600,552

44,788,151

debts

three

outstanding

1801.

oper.

Net

the

46,413,274

stock—

par

effective

4,147,341

$1.87

from

ry.

The

to

S12,646,106, respectively, in the three and nine
share

2,757,022

$1.49

p,

from

ties.

38,959,718 135,994,725 101,570,845

make

.

and

1,498,577

share—

holders at $10

"Including other operating charges, except depreciation and obsoles¬
(Including in 1949 accelerated depreciation of $4,313,792 and

became

"

1

"

1,073,622

1,257,935

43,359,718 135,994,725
"

14,900,000

directors

This

a

$6,480,671

for

—

Stockholders

of

Corp.

common

current

Oct. 9, '48

1,257,935

26,175,485

cence.

ent

Oct. 8, '49

$4,303,321

90,295.360

4,400,000

the

project

—40 Weeks Ended—

Oct. 9, '48

1,257,935

37,804,434

applic. to each

of

/,

$2,447,597

98,190,291

116,470,845

7

high

.7

7.

1,257,935

10,511,531

,—

outst.

$6,657,866
■■

$18,547,183 $21,842,115 $52,053,137 $64,683,038
3,030,589
3,946,174
7,060,343
10,628,012

September—
Net

The

...

.—

$7,347,537

$1,956,967

32,848,187

——

applicable

common

1949—10 Mos.—1948

$875,940

________

com.

170,

Gross

61,570,000

con-

period
preferred stock

$853,532

outstdg.—..

49,188,230

income for
on

$2.11

Subs.)—Earnings—

—

profit

shares

12,543,924

income

(&

charges—;
and foreign

State

Net

of

Net

to

for

necessary

or

During

1949—Month—1948

after

36,644,306

(net)

$139,386

$2.39

11,718,700

29,190,000

inc.

$158,444
;

Florida East Coast Ry.—Earnings—

6,602,100
on

*$3,340

..7

Co.

"Deficit.—V.

fund)

29,390

stock—

;

sales

Net inc.

'

53,447,864

combined

facilities

preceding quarters, and makes a total cf
payable in 1949, which compares with $4 50
and June 10, 75
cents
each; Sept. 10, $1;
year-end of $2).
/ .

a

$168,777

52,895

Oct. 8, 49

bonus (tenta¬

taxes

$211,340

—12 Weeks Ended—

tively avail, for ciedit
Fed.

the

m

6,092,616

preferred

payment

Motors

1949.

(March

$96,102
72,675

4,718

1393.;..

p.

Flintkote

r

—V.

$

5,209,611

have

program

and

space

Corp.—Proposed Merger, etc.—

the

the

the

on

17,

paid

1657.

—

—v.

in

761.532,885 708.698,371

of

of

Nov.

Nov.

While

1,809,315

18,645,149

59,167

.

$1,378

$189

share capital

taxes

264,699,229 253.446,636 766,742,496 714,790,987
152,683,142 162.681,369 457,114,521 461.130,650
20,934,532
19,386,732
62,541,020
57,979,583

fDepreciation and obsol.
Class

i;

4,611

income

Net

1,504,175

revs.—

Department,.

from

1949—9 Mos.—1948

263,195,054 251.637,321

operating

$152,172

6,885

$4,800

costs

Companies)

1949—3 Mos.—1948

sales

1,730,828

(M. H.) Fishman Co., Inc.—Sales Slightly Lower—

Com.

Wholly-Owned Subsidiary

On

share

and

*$5,507

5)641./

—

$5,-

cash

the

$5,000,000 will also be sought.—V. 170,

1976

$1,826,930
••

•

to

consent

...

$250,000

Dow

to

The

corporation

of

•

p.

the

Wednesday .in April to the fourth Wednesday in July.

to

v"$841

(net/

170,

by Harold
Manager of

;■

issue

income

per

10

General

com-

Green,
Ky.
to
F. Smiddy, Vice-

Bowling Green plant terminated
moving operations began.—V. 170, p. 1802.

time

1949—12 Mos.—1948

1,747,960

^

Bowling

consolidate

modernization

a

tional funds

Co.—Earnings—

1949—Month—1948

Period End. Oct. 31—

44 4-4.

1801.

p.

Period End. Sept. 30—

Other

' r'T'

-

are

gain for:

a

du Pont de Nemours & Co.- -Earnings—

"

,

•

meetings, scheduled for Nov. 7,
this time until Nov. 21.—V. 170,
p. 1801.

136,999

Earns, per

(E. I.)

'

"•

•

128,128

income

from

voting upon the proposed merger with and into this
corporation of Igleheart Brothers, Inc., a subsidiary, the stockholders
on
Dec.
15 will consider
amending the by-laws to change the fiscal
year commencing in
1950 from Jan. 1 to one beginning April 1 and
change the date, of the annual meeting after 1 50 from the fourth

1,440,461

$500,000 out-of-

a

it

suit

years

both

which

1648.—V.

the

$250,000

a

five

said

litigation,

August,

plus

next

Campbell

'

•

taxes—

Earnings

says

downtrend,

■YjV.'

■'■///.'
Nov.

on

Dow,

over

Mr.

'

and

"Loss.—V.

outlook, Mr. Doan expects

manufacturing operations of this

and

company

will

addition

stock

earlier

a

Campbell, Secretary and General Counsel, said the settle¬

involved

ment

'

$1,900,133

income

cooler

Wilson, President, said:

Higher—

statement

stockholders'

Deducts, from gross inc. [

..•

Calvin

'

Corp.—Again Adjourns Meeting—

$131,491

Nonoper.

year.

Manufacturing

030,000,

92,527,230
10,988,374

7,473,775

operating

Net

of

Ford,

estate.

public

$4.25—To Retire $125,000,000 Loan—

1946

$127,287

exps.

water

Bloomfield

The

annual

of

the

and

in

be called

1949,

stock

;

of

Suit—

setilement

1947

14,321,932

1697.

trading privileges in substi¬

after

October

present

on

the

for

;V;:•;

1948

of

company

uo.,
•

revenues—

Sales

Settles

6,973,553

Period End. Sept. 30—

Gross

satisfactorily

up

September

Doan,

,

105

bonds

irust

130,425,118 110,724,247
32.964,192
21,950,695

19,469,192

again adjourned,

Operating

Clara

his

of

annual

an

170, p. 1597.

General Foods

;

special and

of

move

which

of

-

Fall River Gas Works

surrender of

upon

opening of business

depositary

Dow Chemical Co.—Current Sales
volume

at

next,

Mrd

i'ue

1948

-

income—

p.

have been

Guaranty Trust Co. of New York will issue
receipts for the 4s. ordinary registered stock in

company will be admitted to
tution therefor.—V. 170, p. 785.

Sales

-

112,817,746

oper.

by

made

executrix

y;.

General

railway-/
!_

railway^

170,

TJie

stock

units of

1,

debenture

r.

F. A. R. Liquidating

basis into

the

and

and

' ;t;

1949

ordinary

American depositary receipt for one shaie of the £1
sterling stock. Accordingly, the present American depositary receipts for the £1
sterling stock will be stricken from unlisted trading privileges on the
York

18

the

depositary

which

from

Net

an

at

able

In

>

.

$12,389,310 $15,175,230 $12,666,419 $11,227,239
2,669.823 . 4,337,262
1,933,484
2,169,030
1,056,119
2,136,849
450,451
1,483,121

income

From Jan. 1—

Gross
on

ordinary

the

>'

railway
railway—„

V.

represents

at

maue

1081.

p.

stock dividend in the regular

for

Exchange

five-for-one

a

the ratio of five of such

New

be

Dec.

on

convertible

•

the

on

ordinary

on

2,

American

depositary,

'V/•.
Exchange

Curb

170,

6%

:"

depositary

in

said

of

York

New

Payment, wid

from

oper.

is

make

iManufacturing at the

redemption

outstanding

1949,

American

presently

the

of

called, for

its

1867.

Y.—V.

from

Net

has

company

has

of

SeptemberGross

She

to

Electric Co.—Transfers Water Cooler Opera¬

transfer

facilities

RR.—Earnings—

Distillers Co., Ltd.—50% Stock Distribution—Stk,
Split
.

all

l,

N.

accounting

an

required

npt

At
the
time
when
water
cooler
production
was
established
in
Bowling Green, the company's facilities in Bloomfie.d were assigned to
the
production of other product lines, Subsequent reassignment of

$4,694,889

1493.

p.

interest,

oue

1949—3 Mos.—1948

$1,838,080

corporation

and

Diana Stores Corp.—October Sales Lower—

in

Ford.

Henry

is

manufacturing operations with
sales,
engineering, and warehousing operations already carried on at the
department's headquarters in Bloomfield and, in line with the re¬
turn of all-out competitive
markets, will effect the desirable economies
afforded by centralized operations.

at

Equitable Credit Corp., Albany, N. Y.—Calls Bonds—

' ; -

,

.

patent rights etCi

'/■

•

to

2,000,000 shares and ratifying
with Portsmouth Steel Corp. ' See-

receivables; securities,

idation.

paid in each of the three preceding quarters of this year.;
Payments in 1948 were as follows; March 15, 40 cents; June
Sept. 17, 50 cents each; and Dec. 17, 70 cents,—V. 170, p. 785.

Stock—Acquisition—

consider

shares

late

income.—V.

The

,

stockholders

ipdicAted

was

the

of

company

President

..was

common

accts.,

to a report filed ih the Probate Court at Detroit, Mich.,
10, the company paid dividends totaling $4.50 per share in. tH»
July 1/ 1949", one of $2.5Q late in 1948 and $2 in early

This

its

On
Nov.
9, the directors declared a final dividend
for
the year
of 40 cents per share on the
1,230,500 shares of capital stock out¬
standing, payable Dec. 15 to holders of record Nov. 19.
A like amount

-

and

Air Conditioning Department
Bloomfield, N. J. was announced Nov.

Final Dividend of 40 Cents—

•

Detroit Steel Corp.—To Increase

809,759,041

1,149,240,689. 1,025,733,485 880,046,611

ended

The

$6,368,777 $60,359,062 $60,619,497

1949—3 Mos.—1948

.•

.

:.j———.

per

"After

equipment-trust
National Bank &

City

surplus

pany's

1949—10 Mos.—1948

82,250,000

the

and

the

$6,095,551

Period End. Sept. 30—

obligation

assume

17,264,500-. 17,264,500
256,201,785 168,817,883
20.247,650
10,301,677
732,019,550 683,162,546

tions—

42,657

1493.

p.

"Net

Earns,

to

company

execeeding

trustee,

as

dividends

the

issued

be

to

Chicago,

170,

Electrolux Corp. (&
49,625,306

5,93o,7o0

27

79,730

1949—Month—1948

—.

—V.

Equipment Trust Cetriiicates—
The

loss

General

638,180

49,440,245

income...

oper.

17,264,500
299.162,173

—u—

23,054,975

Nov.

year

of

1556.

p.

Sales

$5,046,416

2,013,985

11,068,584

railway..

ounce?.—/ 96,244

Period End. Oct. 31—

1946

From Jan. 1—
Gross

$5)—

(par

$4.50 in Dividends Paid for Year Ended July 1, 1949—

The

Edison Bros. Stores, Inc.—October Sales Off—

1947

$6,401,339

664,368

7,692,839

1,149,240,639 1,025,733,485 880,046,611

.

gold

157,

t

September—
Cro.s from railway..._

427;897,310

—

payable; etc

and

1949.

Sept. 30, '49 June 30, '4(9 Sept. 30, '48
89.5j)7
83,153
76,301
Ounces produced (approx..)—-__—
14,212
13,308
1Q.168
Dollar value at $35 per ounce
$484,741
$468,014
$357,964
Dollar value and
premium
499,341

1,956,483

:•

According
on

Malarljlc Mines, Ltd.—Production Rises—

Quarter Ended—

1,753,531

1,932,051

1292.

p.

Profit

widow

1,672,411

565,266

*$161,131

...

stock

Accounts

$2,935,454

253,493

$0.84

*

LIA3ILITIES-

Capital

1946

$4,140,646

189,871
224,643

1946
-

-

*

1947

$4,270,508. $3,973,984

profit after taxes../,
Capital shares outstdg.1

-

386,183,312 295,942,885
402,105,424 389,738,367
,231,534,180 179.816,588
.5,910,569
14,548,791

283.080,001

—

"Includes; notes

1947

*

Net

;_L_————

and 'deferred chgs.

Total

Corp.—Earnings—V

62,211

640,155

Depreci and deplet. chgs.

;

30——1——...

Net

;

2,813,225

16,148

.

645,829

/

Sept.

Fiscal Yrs. End. July 31—
Net sables

$8,065,390 $16,126,795

498,459

charges

709,468,681 577,158,565
8,324,869
8,324,869
85,056,519
66,877,554

—

-/ill—l/l/;

1697.

p.

East

taxes...

age
Other

170,

.

Unemployment and old-

Fixed

at

Duro Test

and-its subs.)

" 1949—9 Mos.^1948

1949—3 Mos.—1948..

$2,351,071

income

*Cashr etc.exp.

ONLY)

1947 V
$

430,570,539

—-

,

Inventories

5,732,480

COMPANY
'

equip.; etc.

Total

——1

...

...

dividends—1——

dividends

Surplus

-

..." $20,217,720 $27,717,671 $63,951,715 $80,768,963
17,866,649
22,052,677
55,885,825
64,642,168

revenues.,

Expenses

%

machy.,

(net)-

(& Subs.)—Earnings—

(Includes the Income of The Hudson Coal Company

estate,

Prepaid

.

'

8,261,055

Real

Reserves

—V.

Period End. Sept. 30—

surplus

preferred

Common

per

••',-

Delaware & Hudson Co.

,

(PARENT

,;1943'
$

,

1949, unless made spe«<
$1,000 deposit receipt; and
that the deposit receipts shall continue to be dealt in "Flat."—V.
169, >"
P-2G41.
'

cifically for "Cash," shall be

"

'

"

■

t.

31

«'•'!

^ Surplus at beginning of year/1—513,212,901 437,355,240
and $14.06 cash payment in lieu of
participation certificates for 1949, r. Net income nine mohths^__._._r______
135,994,725 101,570,845
amounting to $14.93, less Cuban tax of $.87 to be withheld at source),
Adjustment resulting from, rcvaluatioh of invest¬
per
deposit
receipt
"part-redeemed," * for -$1,000
ment in General Motors
originalprincipal ^
Corp.:
/J
52,000,000
of first lien and refunding mortgage gold bonds,; series A, 7A'a %'i V Excess of Issue price over par value of common* '
to 1946, and first Hen and refunding .mortgage
Stock issued- to
gold bonds,./*
employees under;the bonusseries B, 6%, extended to
1945, to holders ..of record at the close of }

OF'DEC.

ASSETS

payment

extended

AS

1948

—

—

—

Trucks

—

Coaches

—_——-w

-

54,824
."

GMC Truck & Coach—
'

».•$

6,006

8,903

74,651

68

284

2,014

Passenger

6,418

6.120

50,624

54,4BaF'S

Trucks

2,224

2,296

26,077

23,134 ^

242,844

186,791

GM

of

Total

-V.

-

170, p.

——

1802.

78,035* '

4,666?
/'•

Canada-

.

.

2,421,182,

s

it.*,- *

1,807,835 t
.c;-nv.

6

THE

(1914)
General Public Utilities
To

electric

194S

from

3.8%,
:

output

amounted

to

the

of

this

kwh.,

sdme

last

week

the

for

General Telephone Corp.—Transfer of
On

Oct.

phone

1.

Co.,

i£ome

this

Ltd.,

Telephone

phone Co.,

sold

corporation

all

tne

Co.

750

to

J

;

Personnel
Mr.

personnel

will

combine

industrial

and

*

.

,

in

his

\

the

infices

pounds,

Hfirrior

his

Subs.)—Estimated

(&

Years Ended Dec. 31—

me

1949

Earn,

sh.

per

1948

1947

$608,200

$558,893

1946

chgs.

terms

^shares outstanding

•

"$1,74

$2.00

—

be

to

of

$1.83

/;

19(9, to stockholders of

16,

Nov.

on

made on

was

record Nov. 9,

20 last

Nov.

Sales

—

—V.

r<

170,

1949—4 Wks.—1948

$10,262,191

-

1495,

p.

•

$

19,884,618

—V.

170, p.

":>

$

22,155,053

171,736,459

after

Period End. Oct. 31—
__—

—V.

$

172,664,099

——

—V.

170,

$8,214,720

——

At

the

request

of

the

the

SEC

has

the

;!

the

on

various

classes

of

were declared on Oct. 28,
payable Nov. 26, 1949, to share- ;
record Nov.
10, 1949.
For the quarter, extra dividends
declared on five classes of
stock,

holders, of
and,

including chemical,

petroleum.

Of

the

increase

Individual

which

payment

/

class

43

payments
14

by
to

cents

for

for

cents

industrial

50

Regular

.

Aviation

Food

Fully

administered

Indust.

$0.03

machinery.

Institutional

.09

.025

.09

.10

.

Petroleum

Railroad

.02

170,

^

'

1974

.33

.44

'

:

.29

.25

•

.34 '

.34

'

.25
"

u —"

•'

.23

■

The

of

statement

its

capital

with

the

of

preferred

floated

Haverhill Gas Light
Period End, Sept, 30—
revenues

is

1,

the

Va.

to

f$100 par) and
preferred
stock
to
be

Proceeds

finance

will

be

Underwriter,
used

to

pay

construction.

1949—Month—1948

taxes

Net

operating income
Noh-oper. income (net)

and

been

General

associated

Manager

with

Sales-

firm

business

Trust Life Insurance
Co.

#

non-

"

1979.*

of

Pittsburgh,

N.

the

the

ffrst

to

of

debt

be

To

wi)l

df

the

bear

the

start

of

deposited

make

Shell

refunded

Provident

•"

comprise

securities

at

Net

Since

war.

that

Earns,

bonds

from

the

and

that

Oct.

28

issue

B,

the-time* for

to

Nov,

bears

due

1,

offer
the

on

22,

sh's.

170,

1979,

aggregate

4%%

the

and

216,601

series

B

shares

interest

common

of

stock

commoti

stock

The

$31.50

85,942

73,?! 9

on

upon

at

underwriters

shares

gate

of

rate

outsldg,__
share-/';:

issue

5%%

cash

he

of

the

up

:

until

50

cents

of

share

per

:

F.

been

elected

7' ' " $5.09

for

of

rights,

ranging

the

$33

Nov,

Cash

1,

1

year

director.—V,

of

the

p.-

170,

Sep,t. 30—

Total

Total

-

income

,

gain

of

3,402

thai

the

of

y\"'
$3,885,549

$1,417,245

sale

investm'ts

$1,003,924

$1,924,698

-10,301

12.099

$1,019,225

1,936,797

Total

realized

ot

gain

invests.--.

on

for income taxes: on undistr.,V
long-term capital gains-—-—__

w

_

Net: realized

gain

investments'

on

Dividends paid In cash:

\

:,y

.

3,803

709

$11,684

$8,375

$106,174

$68,403

From

unaistrib.

net

realized

$2.16

$1.39

of

year

Nov.

1349,

the

40

—

to residents of the State of
Ohio.
Stiver

offered

of

1944.
or

This
in

were

The
of

the

$1

directors
per

share

common

1949.

,

an

This

sanie rate

as

the two
made,

on

Nov.

and

the

stock,
makes

both
a

9

of

like

previous

1948

without

change

number

were

of

$1,936,797

$1,423,580

7,115,9'l6

5,073,959

3,883,549

993,326

1,942,671;

1,332,204

—

•i

-*

*

BALANCE

SHEET.

SEPT.

ASSETS—

to

the

on

holders

1947,,

since

the

The

first

dividends
p.

in

1949

securs.—at

mkt.

Common stocks

Preferred

U.

S.

—Z_;

Divs.
Due

63,777,465

52.280,994

35,910,532

35,231.872,
15,322,213

35 693.228

bonds.—

15,322,331

bonds_—__—

Cash in bank

on

demand

8,008,903

deposit—_'

&

943,374

sold—

securs.

X 705,685

Total

an

additional

year-end

payable
of

paid last year.—V.

Dec.
$5

15

per

170,

p.

to

of $1

holders

share
1700.

for

of

the

per

record
year

'

1,882,431
:
755,176
"- 289.553

8.39T458-'
f610,098
36,521

*

*

fixtures—nominal

val.

1

1

'_—

„———'

157,403,659

121,256,869

107,571,096

7,029

37,028

475,090

207,774

24,970

22,061

8,450

6.661'

1

,

LIABILITIES—
Due

to

;

v

:

brokers for securities purch.

Accrued expenses:
;

—

—

'

'

fees

—

fees

Unrealized

net

realized

gain or.

13.519,320

10,657,765

141,930.989

surplus

Undistrib.

5.600

137,800

Capital stock (par $1)L—

112,222.557

114,501

38,603

inv.

appreciation of invests..

Nov.

Total
Net

8

8*89~ 13 5.

92,956.882
f

1,427,786 Drl,730,715

94.475

5.127,853

val.

capital

157,403,659

121,256,869

107.571,096

$11.62

—„.

assets

ing

$11.37

$12.04

sh. of outstand-

per

,

stock

"Represented by 13.519,320 shares in 1949, 10,657,765
and 8,889,135 shares in 1947.—V. 170, p. 1196.

Iowa

dividend

share

1949,

10,506,796

3,998,160

5,908,248

and accrued interest received!

from brokers for

Furniture

1947

90,604,585

stocks

Govt.

$

quots.:

*

Corporate

;

1948

$

Invests,

shares in

1943

of

1700.

Co.—$1 Add'l Year-End Dividend
declared

30

cents

the
distributions

and

170,

regular quarterly dividend

total

20

years,

paid.—V.

40

share, for

Extra

years.

December,

a

of

amount

currency on Dec.
total of $2 per

a

in

Previously, for
50 cents quarterly,

dividend

extra

dividend

makes

rate, has .continued

International Paper

solely

and George W. Brown,
President and Executive Vicerespectively, of Saunders, Stiver & Co.; and Linn H.
Piercy,




quarterly
share,

as

each

quarter
$2 .per

declared

quarterly

1949.

same

40-cent

Hexene-Ol Laboratories, Inc.,
Cleveland O.
Stock
Offered—Saunders, Stiver & Co., Cleveland, in October
offered (as a speculation) 28,000
Class A shares ($1 par)
at $5.30 per share.
The securities were

usual

21,

.cents

of

directors

the

stocky both payable in U. S.

record

as

the

v\k'

gain

X on investments

Paid-in

common

stock

the

International Nickel Co. of Canada, Ltd.—Extra Div.—
7

'

$1,019,225

undistributed net income—

Underwriters

and

.

Cr6.23.-)

,

From

Custodian

Nov.

'/4

;

,

The
balance
of 21,496
shares
was
offered
to
a
limited
of
pulchasers
by the representatives, for the accounts of
underwriters at a price cf $34.50
per share,
or
an aggregate
of
$7.41,612. For further details see V. 170, p. 1399.

share

r.i

——__

'

the

On

$1,417,245

Prov.

number

per

562,679

$5,073,959

exchgs. of invests.

warrants.

$69,116

'

$7,115,916

on

26.402

expiration. of

on

21,

the

:

!

$5,737J07»;' $4,448,228

r

on

27,382

$109,978

V

$4,059,729

693,427663,119-

.

gain

86,266

8

.1947

gain

shares

share/

-

America,

$5,113,016

shares

4,906

s

m /

;;y

Realized

;

^

common

$34' per

the

to

of

realized

of .net

investments)—_____

on

35,000

prior

paid

1948

,

$7,309,343

y

:".V

the underwriters at on aggre¬
have been or are to be delivered

made

as

'
Corp.
;

$6,724,570

,,

expenses '

Net.income,(excl.
-

bonds.

;

of

*

t'dtal ais-

a

same

*

1.

divi-

one

*

Radio

1949

88,277

30,289

the

787.

.

39,550

sales

and

on

47,377

$38,827-

1949,

Dec.

record

•>

2,916

19,075

i/.yyyy/:;/;;.*/-:;--/!

Elected—

2,831

the

of

'

1955.

by

shares

advances

tai.ungs

bonds^/'_ITj__I._7 i ,'746,506 '/ 575,094 ' >; 347,701
Stock divdends
received——332,055'19,680 ,' ' ' 40,793' j
Other income
—T—6,212
29.282
it

and

sold

(dl

company

net

'<

$3.38

.

dividends received O-d stocks--

,

old

shares

to

221,740
y

and

Realized

:

,

his

aggregate

and

from

advised

purchased

4.906

an

in

year-end dividend of 50 cents per

for the

6,940

$8,384

capital

221,740

$1.00

>

a

5,147

of

45,000

•

,

a

554,000

-

,

$750,916

.,221,740

Invest, mgr. fee payable to Invegtors Syndicate

230

,

"

r

45,000

$1,129,941

$222,212

McGrady, Vice-President

Interest receved

.

share.

per

exercise

further

$831,C63,

account

;.y

.previously declared during 1949, making,

$2.20

82,236'

-

$1,349,916

Investors Mutual, lric.- -Annual Report-

adjustment in; addition

turns : in

239,601

$'1,267,680

838,000

/

15,000

$1.77

,/

,

3|333

charges

Earnings per share
—V. 170, p. 1190.

y

-

221,740
/

Nov, 4 declared

on

New Director

C,. due'

for

subscribed

prices

stock

common

of

cost

of

Edward
has

bondholders,
to maturity

remaining

right; ..(c)

per

166,000

i5,ooo

Intertype, Ltd,, British subsidiary is included in the
and 1948—V. 170, p. 787. *
1 '' *' V 'Vy.'/

dend

be

Prior.to the .expiration of the warrants (Nov. 3),.- the - representa¬
tives, for the accounts of the underwriters:. (al :i
purchased,; 27,951
rights, at prices ranging from 15c to 27c per right; lb) sold 369
rights to., the warrant agents and others, at prices ranging from
28c

;

^

de-,.

subscription (V.
170,
p.
16991
23,000 shares of- common stock
underwriters
from
the" company
at 'the

the

to

$2,012,941

capital .stock, payable Dec,,15 to lipldew of
This f.v /in, addition to three dividends of 40 cents
each

''

at

a

when

company

The

price

73,953

; $403,212

!

1,223,168 "

$1,938,989

28,862

$700,046
292,000

per com.

Ycars Ended

and. series

,

issue

new

offered; bythe

subscription

*374,349

$393,046

1948..-

road

•"

of

1,362,316

'V-"7::

attractive' to
new

Mos—194$.

"

share on the

1950

1302.

p.

1949—9

$3,387,795 ? $2,559,369
86,491
68,521

NOTE—No provision for loss
relating to investment

bufsement

'

'

50-Cent Year-End Dividend—

objec¬

additional

-

a; 3%%

Nov.

exchange

bondholder will receive

of

!

14,976

conting..

The directors

than

the

now

"v..:.

1949

■

time

'7

/

1978,-are

$685,071

(net»_.

earnings

Common

inr 1951.:M

case the

1803.

p,

Total income
Provision' for taxes/,-.

,,

an

1,

exchange for temporary, bonds at The Chase
City of New York, 43 Exchange Place. New
fhe Continental Illinois National Bank <fc Trust

at

L——-r,™—

income

^Reserves for

;

from
•

accomplishes

""

'

July

the

of

and

-

v

Fund,

more

maturing

railroad,

the

pay. extra
interest
old bonds turned in.

interest

due

Period End. Sept. 30— V
1949—3 Mos.—1948
profit
$1,150,316
$780,433
Depreciation___ I
.28,830
22,830
Sell., and gen. adm. exp. j
436,415
383,303

Co., Shell Pehsipn Trust,

and

•"

been

^

bonds

:

to

to

have

*

•

;

4'/2%

-r

:

■

covering tlie entire
at

mortgage

Nov.

$81,000,000

by

6,533

$90,903

'

three

Chicago, 111—V. 170,

Profit,

--V:

*■

bonds

for.

823,413

913

$1.00

-

the next six years for ah issue
maturing serially,

The

purchased

$1,084,109

2,094

'

$0.22

___—

months ended Sept. 30, 1943, and the 12
1949,. would have been approximately 22 cents
$1, respectively, per share of common stock,—V.
170, p. 180J,,_ „•
S

Other

;

_

RR.—Financing Project Completed—

subscribed

771,749

$7,470

■

$1.18

Sept. 30,

problems;

Reynolds Metals .Co.-—

:'-V

were

1948—12 Mos—1943

Interest

_

$0.29

Gross

For

engineering

the

of

of

Illinois Power
Co.—Subscriptions to Stock—:

$1,123,799

$11,835

J,

has

completed

1055..

1974.

In. each

63,700

income

A.

■

fev-

they wiil revert to the stated rate of 3:YiVc.
VU ^
Series C of the new issue is offered in
exchange for four outstanding
issues; 3'/as, of the road's Louisville
division, maturing in 1953 and
three Chicago,, St; Louis and New
Orleans issues,
all due'

$90,392

Gross

President,

nave

addi¬

.•

,

of

$9,740

■'

■

6.808

accruals

income

-.

Intertype Corp.—Earnings—

1395.

of

Co.—Earnings-

7,623

taxes

Federal

tucy

purchase

may

100.60, plus accrued interest,'

p.

road

will

57,118
•

General

appointed

consolidated mortgage
divided into series A and

$89,772

Operation
res.

he

were

stock

______

on

credit--,

for

ended

Y:,

Co.,

.

stock

SEC

tax

Bank

have

Co.—New General Sales Manager—

posits has, been extended

SEC

the

81,313

.

ayaijable for delivery in

emphasized

18c

Retirement

they

ofiering,

■;

mortgage,

An

with

-.

$0.23

' share,

per

National

a
policy of debt reduction and consolidation of mort¬
obligations. ;
• ;
Commenting on the bondholders' acceptance of the plan,,
Wayne A.
Johnston, President, disclosed that $25,000,000 of the bonds

stock.

notification

,

$2,398,481

on

com-

.

been

years

undertaken

has

—y.

letter

a

cumulative

Richmond,

Maintenance

and

which

Chicago—Registration—

registration

$1,763,011

Definitive Bonds Ready—

'•

the cqmpany,

for

Then

.33

($10 par) common stock, the
i P£r a?d thet common at $16.50 per share,.
& Co.
Inc.,

Operating

each,

of

stock

■

.23

snares

outstanding bank loans

A

•

.13

share

York,

.32
.05

1,232,283

$435,112

inc.

gross

shares

Definitive

share

.32

.05

shaies

and

Specifically, the road offers series A of the new issue in
exchange
toi outstanding 4% refunding bonds,. due Nov. 1,
1955, and series B
for outstanding 5%
refunding bonds due, the.T.same date;1- Series A

.29

257,572

$421,400

earnings

months

share;

per

each

on

dates

.08

.company on Nov. 3 filed

Galleher

50c

rights

founders

class

■-/

of

Nov.

' \

.Harrisburg (Va.) Telephone Co.—Files with SEC—

*Z

received

voting

'

.09

__

company,
has filed a
seeking registration of 150,000

5%

each

:

.39

312,348

i."H

,

,

net

as"

.33

.08

—

1

.05

of

out¬

and

.33

Growth Industry
Shares, Inc.,

shares

presently

.02

.13

42,447
$2,995,299

NOTE—The net income for the three months ended
Sept. 30,, 1943
and the 12 months eqded Sept. 30, 1949, includes estimated
tax, credit?
from reorganization of
$103,000 and $250,000, respectively, due to.the
write-off of debt discount and expanse on debt and other
items paid
or otherwise
discharged on March 31, 1948, Without these tax credits,

;

be

.04

.07

The

-

has

bonds maturing in

to1-the

*

tnls

The

.40

1395.

p.

five

refunded

"

.36

1

•"

to

.29

.04

.<18

—

'

,13,600
$692,684

.

Stiver,

.31

.15

-

.08

——

Utilities

r

.50.
•'

-

^40,913
$2,817,163

$733,748

stk. without

com.

directors

J.

.10

;

.09

—

.50
.36

of

A.

.08

.05

.04

.07

,

of

.40

.40

Earnings.

to any further dividends.

Stiver,

$5,000

from

gage

= .

.37

.01

475,987
$2,952,852

r.tock

mon

Ohio.

.07

.10

____

stock

Eteel
Tobacco
—y.

.04

.08

equip..—

_

.30

.025

22,886
$674,084

...13,717

per

1,500,000

Guaranty Trust Co. of New York of
consolidated mortgage
providing.for the, exchange of $52,201,000

new

tive

.28

.24

.39

.09

.07

—

Railroad bond
Railroad

-

,10

__

stock

J,

shares

corporation

A

6ompaiiy

through

.54

.345

.16
h

■

.04

—

i.—

'

$0.03
\'T

209,932

income

and

■■1'

A.

1,000

Illinois Central

1

'
—

.09

Mining

.24

■

.10

Merchandising

.54

Net

space

Street

board

•

8,-May Co. as a senior analyst
this, he was Vice-President—sales of

to

170,

half

.47:

.27

.14

.16

bond.

.47

.

.06

__

.10

-investing
company
Low priced

•'

.13

.

677,541

.

Brown,

shares

have

have

*.i-i

in

.43
;

.•

1,058,459

$720,031

___

income

Earnings

equivalent dividend,

an

stocks

B

stock

■

:

W.

of:

130,090

received

B

for

•

'

.065

bond

.28

the

Kuck

past

.The

a

$0.37

'

.06

General

in¬

Total

.43

.07

.14

—

Extra

$0.37

.13

-is*

.06

equip.

__

which

..

943,110

in¬

income

Deductions fr.

-

by classifications:

Regular

$0.10

.13

Electrical

shares,

228,252

'329,199

income

Gross

3
a
sweeping refinancing program
designed to simplify and improve the road's
financial structure,
The final step In the
change-over was effected by the company's
signature and delivery to the

greatest
utility
largest

—-Total for 1949--,-.

Total

■

.07

Chemical

by

next

;

Extra

.13

Building

The

declared

Quarter—

—$0.10
$0.10

._i_—

the

recorded

yaru

Center

share dividends annually when

per

and .class
class

170, p. 1593.

.

•

priced r
-, >

cents.

—For Fourth

Agricultural

1949,

year
was

23 cents.
machinery

D.

—V,
:

.'-

the

1948

to

,

following tabulation shows dividends

Automobile

low

;

payment

from

recorded

from

•

total

rose

was

creased
The

ihe

oyer

shares,

;

Other

$500,000 each,.and the Idaho First National
Bank, scs-trustee, $100,000.

this '

of

inc.-

State

Operating

;The issue will be sold e.s follows: Bankers Trust Co., as trustee,
$6,900,000; Sqn Life ^Assurance Co. of
Canada, $1,500,000; Aetna Life
Insurance
Co.,
$1,000,000;
Phoenix
Mutual
Lixe' insurance
ui

corporation,
were

A

has

Haitford, Conn., Mutual
Rel)ance Life Insurance

shares

initial

an

George

consists

stock

A

to.. 50c

stock

class

gram, at

Grbiltf Securities, Inc.—4th Quarter Dividends—
dividends

and

pro¬

postponement, "subject to the call of the Commission," of '
the hearing
upon
that
company's plan for reorganization and re¬
distribution of voting power
amon^. security holders. The plan had <
been scheduled for
hearing on Nov. 15, 1949.—V. 170, p. 884.
■

quarter

than

taxes

come

Power Go.—To Sell Bonds
Privately—The FPC
Nov. 7 authorized the
company to issue $12,000,000 2%'%
first mortgage bonds due in 1979. The
company said it
would sell the
bonds, to finance, its construction

•definite

.Poufth

covered

of

corner

George

V.

in-.

an

1,067,043

Poueral

;

$69,430,391

authorized

A

class

Prior

Corp.—Hearing Postponed—

corporation

1,322,806

,

by

into

C,

•

,

'■--*'

Green Mountain Power

class

entitled

ilighway Trailer

Lower—

$9,072,435 $67,523,641

941,037

263,563

and

"

1949—9 Mos.—1948

1395.

p.

follows:

as

capitalization

shares

subscribed

paid

of

Sales

1,122,230

recurring

as

,1949-r-lO Mos.—1948

1949—Month—1948

authorized

After

each

110. p. 1$98.

Period End. Oct. 31—

organizers

outstanding.- ••••
George W. Brown and

/•'.

$7,114,103 $59,003,877 $55,567,134

\ (G. L.) Green Co., Inc.—October Sales

the

equal

-October Sales Off— ?

.1949—Month—1948

$6,275,713

—

the

class

tional

Gales

building, and

feet, located at
Cleveland. Ohio.

they share equally, share for share,

1495.

Grayson-Robiiison Stores Inc.

sepaiate small

a

\,Qlass A and

■

803,837

242,505

,

1949—10 Mos.- -1948

$•

184,899

290,611

.

,

$9,214,228 $89,149,302 $76,088,909

V- 1949—Month1949—Month—1948

202,343

Taxes-other,

the directors from available earnings before
any diviuen^..
may be paJd on class B stock. Also entitled to $5 per share in
liquida¬
tion before any assets are available to class B
-stock,
..
. '
••.;
20,000 shares class B stock (6,000 shares to be
presently. outstand¬
ing), entitled to 50c per share as may be declared from
earnings, only
.

Period End. Oct. 31—

pur¬

resale—I1 215,194

v'

'

Piercy and Randall Fullmer, all of Cleveland,

declared

& Co.—October Sales Decreased—

Safes

by

30,000

v.

1.) GMrit

(tT.

Jacobson.

has started business with

company

H.

The

1949—35 Wks.—1948

.

Mr.

square

Avenue,

standing),

106.

Gfand Gbibn Co.—October Sales Increase—
Period End. Oct. 29—

with

...

elected

1949. A similar distri¬
14, last year, while

1946 the company paid $1.35 per share,—V. 170, p.

12,

gas

for

Depreciation

to

3,000

some

Linn

and on Nov.

year

chased

brick

$30

The

In view of the fact that the
company anticipates again this year
large expenditures for improvement of plant and machinery, the direc¬
tors
therefore declared
a
dividend of 50 cents per share,, payable

bution

L.ectricity and

"

;

1949—12 Mos,—1943
$2,730,655 $12,396,363 $10,986,186
1,114,466
4,770,541
4,334,025

1,125,378

Hexene-ol

and

Riverbed

Nov.

'

Jacobson

Subs.)—Earnings—

,1949—3 Mos—1948

$3,092,688

Maintenance

$35 per month, more or less, for approximately 6,500
square feet, of
floor spice, including small office' and a completely
equipped chemical laboratory, heating and hot water installation, a 15

;

-

Abner

to

Sept, 30—

revenues

Operation

Laboratories, Inc. has been incorporated.. A new,
masonry factory has been leased in "The Fiats" in
Cleveland, Ohio, for a term of two years with privilege Pi renewal of
two years.
The rental consisting of an advance payment of $1,500 and
montniy rental oi $311 per month, plus insurance and iaxe.> e^amated

•

$1.60

payable

(

horsepower boiler in

"Estimated.

and
'

contracted

as

The

$641,410*

350,000

on

Operating

Stiver, Brown and Piercy are assigning all of the above
together with all their rights, title and interest tnerein.to
Hexene-ol Laboratories, Inc. at the same
price and on the same

steel

'

'

taxes

basis)

interests.

The

Earnings—

"$700,000

alter

earns,

and

agreed

an

1496.

p.

Period End.

5246, 5662, 5696, 5698, incl. any trade marks, copyetc.
In
addition
to
the
avo/e, some

Messrs.

50# Dividend—
Net

(cn

»,

Interstate Power Co. (&

less, of bulk Hexene-ol.

or

170,

\

1949—Month—1948
1949—9 Mos.—1948
$5,197,771
$6,299,230 $43,916,425 $47,874,775

property,

relations

Corp.

more

Calculated

departments, and will be respon¬
sible for the direction and carrying out. of personnel po-icies as they
affect salar.ed as well as houriy employees.—V.
170, p. 1190.

Good

—V.

; All of the above has been purchased tor the sum of $25,000 cash and
ah agreement to deliver 6,000 shares of c.aSs B stock t$l
pari in Tne
He^ene-ol Laboratories, Inc., together with a sales contract Involving
a
royalty or commission on the net sales of the corporation to be

.

0f

Interstate Department Stores, Inc.—Oct.
Sales Off—
Feriod End. Oct. 31—
Sales

registrations,

liguts,

-

capacity

ne\v

for

the chemical

of

Administration Nos.

'/"V'

Relations.

Weeks

formula

Monday, November 14, 1949

Abner Jacobson and his two
the commercial manufacturing

Pgk," .together with certain machinery and equipment especially
designed and developed for this purpose, and including National Drug

John H. Weeks, who has been serving toe company as, Personnel
Director, has been appointed to the newly-created position oi Director
of

from

CHRONICLE

ard

'(The) Glidden Co., Cleveland, O.—Personnel Relations
Directbr—

FINANCIAL

purchased
and

process

&

product C6H90H, known unuer t..e
trapic name, of "Hexene-oi," together with the. trade names of other
products which incorporate the use of Hexene-ol as a principal or
important ingredient, that is; "Quench," "Lan," "Hexav" and "Must¬

Tele¬

Associated

of

secret

have

Compounding

and

Subsidiary—

shares

Cleveland,

sons, .a

Nov. 4,
kwh., or

subsidiary, Associated Tele¬
common shares of Oxnard

a

outstanding

fpr* 22,139 comnfon
170, p. 1394.

Ltd.—V,

ended

w«ek

decrease of £.911,575
year.—V„ 170, p. (802,
a

of

all

Corp.—Weekly Output—

corporation

98,677,712

COMMERCIAL

Electric

Light

Sale of $4,000,000
The

3Vs'f
The

Power

Co.—Proposes

Private

company has applied to the ICC for authority to sell $4 000 000
sinking fund debentures dated Sept. 1, 1949, due Sept. 1. 1969.

issue

surance

The

&

Debentures—

would

Soc'etj

proceeds

finance

be

of

sold

the

would

at

United

be

construction.—V.

used

166,

par

and

States
to
p.

interest

856.

to

Equitable

through .Hauls.

repay

a

$1,200,000

Hall

bank

Life

Co.

As¬

(Inc.).

loan

awl

:

Volume-170

Number 4855

Iowa Power & Light Co.—Bond
In

order

an

until Nov.

17

announced

to

request

company;
As

Nov.

7,

hearing

a
•

.

ratio that the number of

Financing—

SEC

the

of

Interested

gave.

..

.

.

previously reported, Iowa proposes the sale at competitive
$7,500,000 of first mortgage'bonds, series due 1979, the

ding

ceeds to be used for construction
to
reimburse
the

purposes

purposes.—V.. 170,

"

corporate

1803.

p.

expenditures

for

"*

and

for

Transfer

to

pay

extensions and

such

the

to

the

payable

are

conditional

warrants'expire
office

at

to

be

received

by

the

Lane

rights.
(CST) oil
company's agent,
3

of

111.

'

—V.

!

;i949-1951—Company expended in the
1949 approximately $7,447,000, and estimates th»t
the last five months of 1949 approximately $6;025,000,
in 1950 approximately $8,179,000 and in 1951
approximately $7,169,000
lor additions, extensions and
improvements to its properties.
1>.■
first "seveh months of

Iowa Southern Utilities Co. of Del.Period End.
Sept, 30—
Total

oper.

Oper.

&

exps.

Income

$639,767

mainten.

$6,333,972

*

353,657

4,264,323

4,055,594

i

•

7

earnings

: 44,000

577,500

-528,000

,7

sold

"

in

February,

offered;

now

$99,760, $1,378,360
i

1,658

.

$1,070,008

-

$116,934
deductions

Net

7

require,

pfd,

7 48,924

$66,741

579,023

$52,494.

on

597,687

$52,494

Earned

per

.—v. 170, p.

requirements
"y■.

issued

sold

and

77/686 shares

on

would

be

v

1949.

22,

/

$128,180.
1 '
'

Scrip Certificates Void after Dec. 1, 1949—
The company
of

1949

7;.
"

20

cents

per

Scrip

certificates

The-United
assist

States

stockholders

nection
for

share.

with

at

rendered

3

to

Bank

year, a 10%
distribution
lieu of fractional shares, >

20%

stock

Portland

of

consolidating

scrip

tOre.),-

issued

was

they

be

may

agent

in

169,

603.

p.

; Kaiser Aluminum & Chemical Corp.—New
Name, Etc.
Permanente

Metals

Corp. below.

The

by

Senator

Finance

J.. William

telegram

to

I

Last

tion.
for

Fulbright

because

the

loan."

the

Harley.Hise,

that

board

the

of

RFC

RFC

not

RFC

to

cars

yet

to

•

has

finally

of

10,000

7

in

been

deposit

While

disbursed

collateral

resolutions.—V.

■

loans

because

and

170,

the

1803.

p.

the

of

otherwise

.

.

Kansas Gas. & Electric

time, required

fulfill

;,>,'

,

.

the

'

,

for

terms

7

,-

portions

ties

Federal

546,316

6,207,722

43%

.*

139.363

1,648,364

1,037,360

Property retirement.
r

Net

oper.

Other

81,000

(net)

,7":

—

$250,606

79 .7 ; i.V

'

7, 962,750 7

77,917

7

$315,106

revenues-

income

7

$3,231,280

89

,

Gross

Income,, 7—-A-:

7

$315,185

charges—

income

stock

$3,233,668

as

$2,547,010
520,784

•

.

South

Fulton

Light St

1,632

customers

in

.

in

two

counties

Kentucky-served

Tennessee

sure
on*

7
t

shares

v>f, •%
v. 7 •
Name—.V-":'"

No. of

agreed

to

be

purchased

by

;'

Shares

Name—'
William Blair & Co

The

.3,300

p, 1803.

7 7

.

6

Ket-n

County

Land

$46.25

Keystone

Co.

Building—

$1,909,383

m'ent

of

<

The

'<_■ 1

'..7^:7.'

estate

an

for

the

Keystone

investments

estate

building

in

Custodian

excess

plan

is

of

the

Funds.

in

Keystone

number

a

Balance

$2,026,232

—

170, p.

1803.

•

.

.

7 investment of $1,000, $2,000
Kelling

Co., Chicago

Nut

Private Loan—The

—

•

com¬

has sold privately to Prudential Insurance Co. of
America $1,000,000 10-year unsecured loan.
The com¬
pany will use the proceeds to reduce short-term bank
borrowings and to increase working capital which will

annual,

semi-annual or

quarterly

7 7Opportunity (to. build

pany

provided/ through

more

or

capital

diversification

under

investments.

over
and

the

Co.

,

period

Co.

plan

stock.'

Present

cen£s

of

s

of

11

merger,

subsidiary
1

,

,

Mos.—1948

'

Pipe Plant—
of

the

was

of

sale

stockholders

present

v

.,

■

•

iron

cast

a

■

.1

7

pres¬

to be located
Texas; r

592,185 shares of
indicated that this

common "Stock. " It" was

on

a

;

„

.

basis

rata

pro

•

r

•

?

pipe plant, estimated to be commonths, will provide an outlet for a

pressure

eight

company's

pig

iron

such pipe

production

and

will supply
170, p. 1803.*

in Texas.—V.

time

Nov.

of

the

with

10

the

are

SEC

amendments

its

and

company

announced.

Queens

-

Borough

to

the plan
Edward R.

subsidiaries,

1

*

•

amended

is

also

'

',

,

Gas

&

Electric

Co.

and

7

bring
as

the

plan

into

prerequisite

a

conformity

for its

approval

1

subject to

approval

t

by the

New
filed shortly with-that Commission.

•six,

stock

will

be

distributed

stockholders

in

the

7%

stock

Long

-•

9.2

for

each

the

to

of

shares

for

Distribution

,

of

the

,

Ybr$:

Co.

.Queens.

(

Borough

each

for

This

share

Borough

for

will

SEC

,be

of

Long

share

series

6%

Island

B

;•' '' )
receive

\
subsidiary

made

to

for

each

preferred

Lighting

and

share

preferred

stockholders

Suffolk

of

shares

G.7

preferred.'.

Co.

common

&

Nassau

will

,

be

shares

Lighting Co. 7%

common,

and

stockholders

will

5.42

Co.

Suffolk

new

earnings

stock¬

5.71%,

5.80

all

into

on

months

12

not

be

ended

round

a

30,

1949 was
consolidation, ..

of

give

of

the
new
capitalization
were
$1.09 per
Sept. 30, 1949.
The stated value per
figure because of the requirements of the
of the unrestricted surplus at the date of consolidation
the capital account.
The
capital value per share at

the

that

put

Sept.

&

11.51%,

Lighting

each

share

held.

now

shares

basis

Electric

the-

of

Consolidated
share

■share

7
is

will

76.98%

Queens

&

Nassau

allocation

holders
.*

super-

Gas

of

each

common

shares

common

the

on

fonner plan.

for

'

100

new

company'stockholders

of the

Long" Island
shares

10.4

■

Island Lighting

shares

new

**•:'"

*

-

and

ratio

'

for

averaging," the compounding of income and "formula
■"
'■'■•.7;'
v
'
7*
Keystone asserts that the plan provides the first instance in whicft
Vail the methods or means, cf managing, invested capital, each long
be
used
to
finance
company's sales of salted nuts .7 employed individually by professional investors, have been offered the
throughout the U. Sr. Company also stated it would con¬
large and small investors alike under a single plan on a national
7 basis.
*
7'-'7"7"i.-.:v
,;1 7 ' 77 :•:»■.
tinue "some seasonal short term borrowing" from
7 7 V-*'777'-' 7 7' 7
a
In, describing the new plan, Keystone reported that it had conducted
.group of banks headed by Harris Trust & Savings Bank
*a series
-.7

to

filed

common

preferred

"6%

"dollar

vision,

of

.

board

to

iron

six

as

series- A

■

timing"

agreements

company

'

:

the

ca$t

portion

of-

plans

7' 7

of

this

authorized the construction

by

subsidiaries

New

at

Custodian
'■
.y .

investment

consider

^reflects the growth of vtlie system since the filing

4

692.

p.

7

shortest

continuous

50

have

sec¬

arrangement calling

an

of

The/amended plan calls for the new consolidated
corporation to
outstanding 3,149,696.6 common shares.-: This is an
increase
of- 30% over the 2,417,377.4 shares called for in the plan now
being
revised. to meet SEG -specifications.' The
greater number of shares

,

programs, developed
by Keystone and other - mutual funds to
-provide investors with convenient participation in continuously man¬
aged, portfolios of securities,
It calls for an annual or more frequent

$1,388,604

;v

to

$3,340,011 $11,312,293 $86,573,952 $89,663,341

•:>

offered

company

and

—V.

dividend

a

1701.

p.

;P. S. Commission, and will be

stock

recent

of

be

consolidation

The

:•*.

$160,000,000.

latest

170,

The amendments 1 are designed to
•with, changes stipulated by the SEC
v. >
• • ••'

by/ its; sponsors ' as a means of
retirement capital through automatic investwas
announced Nov.
9
by this company,

or

into

•,

Capital Plan in Estate

77

continuously

„of the plan.-

described

annual--savings

Funds-have

520,784

of Boston—New

simplified -plan

accumulating
'

Witter &

share. Dealer's discount, $1.25.—V. 170,

per

new*

by Dean

declared

will

have'

proposed
in irom

The

■

Go.—Secondary Offering—A
10

work

to

*

27

7 Nassau & Suffolk Lighting Co. *'.»•.

'2,200

77....' 7

made Nov.

was

were

supply situation in anthracite

be forced

25

rapidly expanding market for

'

(par $5)

approxi¬

they

White.

Oct.

on

Nov.

on

Barrett, President,

■

2,200

Illinois Co.-—"

common

unforeseen

when

Long Island Lighting Co.—Consolidation Plan Filed—

Co.,, Tnc._-^_—3^k)0

ondary distribution of 20,000 shares of

will
Mr.

being, offered to the public,,

The

:

7

and

consolidation

the

authorized-

substantial

•

The Ohio Co.__. 2,200

170,

for

would

,'pleted

Shares

3,300

—v.

unless

earnings

1948

Daingerfield,

The

of

3,300

&

industry

managers

directors

before

each, are

n!

Stroud

demand

needs," said

companies.—V.

Also

of

5,200

Becker Si Co.

G.

of

that
show

of

pipe plant which will cost approximately
$1,000,000,
company's property at " Lone Star, near

stock

'

-

:

$1.?5

Ten¬

■

folloW/s:-v-

"

»

authorized,-but'hot*-issued;

immediately
"

the

said

should

quarter

'

the

——

The

and

(b) Dixie

-

that

fourth

Lone Star Steel Co.—To Build

c

pf the several purchasers/ of the preferred

names

the'number

and

in

the' company/ 7

by

'

-

Sales

coal- are

bdth

Co.,

$0.69

28

quarter

the

that

,—V. 170, p. 1497.

.

Power

$0.47

Lerner Stores Corp.—October Sales
Drop—
Period End. Oct. 31—
;7 1949—Month—1948
1949—9

}
..

approximately
central Kentucky
Kentucky

1,929,127

Oct.

.on

iourlh
in

as,

stockholders

railroad

«

approximately

of bituminous

1,929,127

In

providing

*

of

Inp.7—

861,526

requirements for the period

and

of

A.

$2,770,914

-686,652

$180,774

$270,432

dividend

of

an

7.

The

*

t

owns

Light Go.

/underwriters
Net

Pfd.

area

population

1,929,127

V,

electrio, utility service
and adjacent rural

includes most of the blue grass region of
of the coal mining areas in southeastern

PURCHASERS—The

V:

5,430

>

69,917

-.

comprises

estimated

an

k

$2,416,030

$0.31

President,

the

certain

board

'

1949—9 Mos.—1948

$1,334,844

Lehigh Valley RR.—To Merge 11 Subsidiaries—

r

corporations, which at July 31, 1949, supplied electric service at

$2,765,484

$250,691

44,753

/

served

with

170,

the capital, stock, payable Dec. 5 to holders of record
1948, the company paid 50 cents per share in April as well
;* as December.
This year the board took no action on a dividend In
April, postponing consideration thereof until later in the
year.—V. 170,
p. 1803. J

communities

derived from the sale of power for coal mining, and

was

A

Interest, etc.,

to

stock

391,250

2,388

.*/

467

to

7

re¬

appropriation- 7\

serve

in

Jr., Field

$902,667

'

1,929,127
!

White'.

the public's

Nov.

Shelbyville,

retail

1,009,804

70,897

territory
miles

adjoining'greas

1,446,416

91,059

supplied

company

customers

and- In

nessee

6,394,177

166^198

Other'taxes

in Paducah

gas

department;

Saville,

per share on

{

\
(
„/.
777
all the outstanding, securities-of (a) Old Dominion
which at July 31, 1949,' supplied electric service gt
12,939 customers, including 34 coal mines, in 30 municipalicommunities' and adjacent rural areas in three counties in

'.I Power &

v

479,227

expenses

taxes

the

sells

L.

Representative.—V.

and Federal income taxes.

same

are-

The

,

southwestern-Virginia, and, for the 12 months ending that date, derived
revenues
of $1,553,286, of which approximately

30—; -1949—Month—1948": 1949—12 Mos.—1948'
revenues-:—
$1,132,590
$1,091,099 $13,097,476 $12,507,131

Operating

$10; par

Co.: (Va.),'

and

Period End; Seot.

Operating

on

insurance

Robert

Field

To Pay 50-Cent Dividend—

7

the

of

V.

be-such

meet

? therefrom ' operating

loan

..

will

>.

,

7 Elair & Cor, Ine/:::^_-_-:_:
Equitable Securities Corp.—
Ladenburg, Thalmann & Co.

the

•'

Co.—Earnings—

issue

...

,

,

the company- has paid dividends thereon
Oct. 10, 1947, and of 20 cents per share on

western.

retail

•

Mr.'; Kaiser

of

.

The

square

Power

1

the

authorized, the money, has

were

the

,

1947,

31,- 1949,

165,006

The cpmpany
.*

*7,

Corp* to help finance wholesale distributionfof the

dealers.

share

STOCK—Since

1,820,500 shs.

overall, limitation

an

.,-,7

•

Kentucky,-* Agriculture and mining
the principal industries in the territory served.

Kaiser

new

models.;.<>. ,y.~; .-"
also authorized a $10,000,000 loan for a subsidiary,

Kaiser-Frazer Sales
.

$191,297.

•

Frazer.

new

j.

RFC authorized a $34,400,000 loan to the
corpora¬
this,. $12,000,000 would be for working capital and $22,400,000

engineering, designing and retooling for production

The

in-a
with

comply

"already

may be issued.

charges

$1,000,000.

"We

July 31, 1949,7he operating revenues of the cjomfrom ./its^ electric- utility business were $20,108,997 (of:'which
approximately. 16%j was derived from the sale of power for coal mihing), and from.its gas utility, business in Shelbyville and Paducah were

• -

Chairman,

"cannot

directors

the bonds does not fix

about

155,000 shs.

pany:;

t
•{•

auto-

new

,7/ 7 ,',7 L: 7^7 77/77 >• >777-77 7Vr77;7

month-the

Of

and
)

Senator

request"

your

approved

by

to

500;000 and

Corporatiofi rejected !NbvV. 8 a request
Fulbright,- Democrat,, of, Arkansas, that

announced

was

in

4,125,000

3,000,000 shs.

$608,853

outstanding-

the

mately

200,000 shs,,

Reed,

1949—3 Mos.—1948

;

difficulties1 arise,
1

months ended

12

and

■

decision

"After

10,000,000

——

shares

Robert

located in 73 counties in Kentucky and in one adjoining
county
Tennessee,' and sold electric energy at wholesale under term con-,
toi-19 rural' electric cooperatives and* eight municipalities^ For

"the

.'"

-i

,

It hold, up $44,400,000 in new loans to
the'corporation for
,mobile, production, andCdistribution.'' *; • 7 ~ ~
; * >; •-> 77

The

T

$24,000,000

(par $100)

profits

Earnings per share-

FINANCING

$4,125,000v

title

Officer;

E.

Lehigh Coal & Navigation Co.—Earnings—

.

"Net

Outstanding

i979__„

Title

Albert

Period End. Sept. 30—

areas

■'/v.'"'7;.7;».7 '7 v7/■

Reconstruction

made

'•vy>'V- "

Delay in $44,400,000

of Loans—-.;

1,

COMMON

stock

per

July

At

t

i.%!•'":

;.

Kaiser -Frazer Corp.—RFC Bars

1

additional

•

PRESENT

and

.

24,

retail

in

•>

See

TO

Farrell,

of-■

;•* traots

or before 3 p.m. on Dec/'l, 1949 —
'- I.v-■■ (IV--,7%' 7 7";7:

-y

cents

at

.

exchanged

also purchase and sell said-scrip on
V.

such

Authorized

bonds.that

ON

common

40

.Ky,

con¬

privilege of exchange-for common stock
1949 and any scrip 'certificates not sur¬
that date will become void, f The agent will

by

of

1977—

manufactures," distributes and

.The

so

Stock

now.

BUSINESS
AND
HISTORY—Company is a Kentucky corporation,
incorporated Aug.: 17, 1912. Principal business "is the generation; pur¬
chase, transmission, distribution and sale of electric energy* It-also

agent;, will

as

certificates

distribution

1951

charge of .the'National
Assistant

G;

Representative,
p. 1803,

1948, June 16, 1948, Sept. 13, 1948, Dec. 13, 1948, March 15,
1949, June 15, 1949,: and Sept. 15, 1949.
• '
■
>

.

Dec.,,1,

on

Vice-Presidentr in
James

-

bonds

.

this

1

issued in

stock

of

p.m.

the

Feb.

National

in

the

certificates

expires

On
were

DIVIDENDS

March

'

stock

made.

stock

common

1950'or

EFFECT

(par $10):

the-amount of

of

».

Nov/l paid tn common stockholders of record Oct.
dividend and the usual quarterly cash dividend

on

20%

a

stotk

indenture securing

"The
on

"

15,

sale-in

GIVING

stock, 43,4%, cum.

value
'

•*

20% Stock Dividend-

—

the

be determined at the time of sale.

may

3'/4%,due Jan.

B,

Common

.

«

Janlzen Knitting Mills, Inc.

of

the'sale

and

mortgage bondsA, 3,7c, due May 1,

Preferred

$1.55

Aug.

'"V

•

*•

319,331

7

-

issue

Series

$494,091

$2.50

(convertible!

"

1296.

•'

«

•

stock

annual dividend

from

botes, 2 V2 7c] due' $275,000 semi¬
annually to Nov. .1, 1956

$810,002

share^„;

common

"5 %> %, preferred

of

Serial

323,961

Full

$10,000,000

$2,500,000 from the sale of the preferred

,

13,174

$56,059

the

earnings and $6)070,000 from provisions"1 for
amortization, accumulated during the period; and

CAPITALIZATION

Series

stock

com.

of

115

No.

V

$494,091

10,682

proceeds

$1,091,778

$823,176

»

5J/2%

on

stock

Balance

$1,402,199
-

First

income

"Div.

$101,418

50,193

__7

as

the

from

$3,000,00(1 from, the
securities

Total

1949;

depreciation! and

21,770

23,839

-

from

$1,655,000

$3,648,000

fered;

•

1,683

$4,500,000

'

corporation has announced the opening of a New York
office
Broadway. Its home office is in Richmond, Va.
following executives of the corporation will be associated with
the new office;
William E.
Walker, Jr., Assistant Vice-President in
charge of New York State business; Ernest M.
Weaver, Assistant

'

estimates that, the $21,373,000 to be expended after
1949- for the above purposes will be provided approximately

follows:

as

1599.

p.

The

compahy

July 31',

842,745

170,

;

1949—10 Mos.—1948

$5,466,085 $40,696,060 $44,326,974

This

at

>

will expend in

The

337,625

946,184

$115,251

..

income

515,350

80,284

56,500 '«■

.

oper.

37,975

81,394
.

Net

-1948

$7,681,717

47,000

taxes

Other

1949—12 Mos.-

$615,676

339,622

taxes

Other

-Earnings—

1949—Month-r-1948

i

revenues.:.

it

$4,142,299

Lawyers Title Insurance Corp.,
Richmond, Va.—Opens
New York Office—

"

PROGRAM,

1949—Month—1948

Sales'-—

>

-

T

Bryant, Inc.—October Sales Lower—

Period End. Oct. 31—"

p.m.

company from the sale
for the cost of additiorts,

reimburse the company

or

(1915)

purchase

at

improvements to the properties of the company.

CONSTRUCTION

*

CHRONICLE

Co., 20 North. Wacker Drive, Chicago 6,

PURPOSE—Proceeds
will be used

FINANCIAL

pursuant
and

subscriptions

Illinois Stock

pro¬

for

"

subscribed

&

unsubscribed shares bears to the total number

subscription offer

Nov. .14,

,

to payoff bank borrowings

or

treasury

"

The

bid¬

of

or

shares

persons

the bond financing proposal of

upon

COMMERCIAL

THE

$9;B0,

and

will

exceed

$10

the

at

effective

date

;
_

t'

■

In

announcing the changes, Mr. Barrett said: "The modified plan
is closely in line with what the
management originally had proposed
and Will permit participation by all classes of stockholder
groups in
the recent improvement in system earnings.
v

.

,

•

■

of

of

Chicago.—V. 170,
Kendall Co.,

On

2

Nov.

of

notification

filed

was

w.ith

788."

.

7

■

.

.7-7

;

SEC

for

-.>.'7'. 7'..'

>

•

terly
_

Dec.

March

1,

1,

June

1

and

Sept;

Sept.

1.

1,

share

after;
of

'.

thereafter

and

each'case

in

prior to Sept.

plus

1,

dividends

redemption.
of

ers

(1)

its

Tne

common

of

1962, and $101

accrued

and

common

stock

stock at rate of
stock

held

at

conditional

one

$10

right

share
per

to

of

share

unpaid

to

is offering

record

Oct.

purchase

of common

share;

at

per share any of the shares of common
scribed for
(a)
through the exercise of the

to

Y7-

the

exercise

subscribed

of

pursuant to
shares

rights to subscribe.
through

the

for,

made

the

If

exercise

the
of

unsubscribed

pursuant




1949—Month—1948

month

same

a

stock for

each

10

(S. S^.)

to

total

to

the

shares

conditional

This company

in

698

:

will

be

and

shares

subscribe

total

purchase

not

and

number

—

There

the

were

same

255

170,

A

last

*•

the

year.—V.

month

a

year

operation

Island

would

Lighting

recommend

refinancing plan

170,

p.

to

in

ago.—V. 170, p.

of

the

for

Long

Island

completely

on

unprecedented

preferred
approval

stockholders

of

the

an¬

company's

tentatively approved by the SEC.

as

stockholders

common

proceed with plans for
of directors, dc-spite

•

Exchange

1397.

7

The

Commission

in

zation

plan

entirely
for

1949—10 Mos.—1948

new

five

The

t

it

in¬

meeting

for

announced

action

conditional

of

the

Securities
to

approval

recapitalization plan.

claims

to

represent

,

one-third

of

the
.

the, com+

common stock, declared the proposed recapitali¬
"totally unacceptable."
The committee urged that an

plan
and

be
not

by

of

York

New

other
is

by

"by a
officers and

calling

said

scheduled

and

prepared

not

committee

notices

October, 1949, against 249 for

is

years

originally

1397.

giving

7

stockholders'

a

recent

outstanding

pany's

"

which

committee,

the

Nov.

on

calling

election

company's consolidation and

1949—10 Mos.—1948

1949—Month—1948

In

provide
adequately
customers."

Long
it

9

committee

tends

$13,179,210 $14,045,412 $121,599,513 $122,640,105

stores

for

its

Counsel

annual

proposal

Nov.

30,
the

for

management responsible to the
directors who have held office
meeting of stockholders."

to

would

steps

necessary

Gross
Net
Net

1949

ry.

railway
railway—

oper.

income—

1947

$356,637

$466,279

r
\

1946

$313,923

271,740

.

•

1948

$458,141

from

from

Los Angeles

Superior & Ishpeming RR.—Earnings—

September—V

J

142,997

261,430

151,052

245,043

74,370

147,232

o2,887

From Jan. 1—

Gross

from

of

Net

from

to

the

Net

ry.

rights in

the

—V.

allotted

'

Kress & Co.—October Sales Decline—

Period End. Oct. 31—

of

subscribe,

of

ago.—V.

October", 1949, against
p. 1496. v.-7

1949—Month—1948

month

give

Common Stockholders' Committee Plans Not Changed
1

in

had 704 stores in operation in October, 1949, compared
same

will

concentrate

are

call
be

stockholders' 'meeting,

a

called

taken.

as

soon

Warren

committee.—V.

170,

p.

&

propef

as

McGroddy

1804.

shares

price

sub¬

to

the

of

Nov.

"stockholders

(S. H.)
7

■-

not

number

the -rights

1949—10 Mos.—1948

$3,076,000 $25,760,000 $25,631,000

$23,653,123 $24,853,559 $213,875,653 $211,621,539

with

to

by

to

headed by William C. Langiey, claims to x-epresent 1,765
owning 134,570 preferred shares, or 53% of the com^
outstanding preferred stock.

pany's

Kresge Co.—October Sales Drop—

Sales

Lake

subscription
stock, which are

year

committee

consolidation and

and

;

date

165,500 shares of

the "offer to employees" is less than the

subscribed

subscriptions

the

the

in

demands

problem

chance

a

The group,
shareholders

had 306 stores in operation

the hold¬

to

for

co^npany

This

311

•V

the

A

nounced

$84,498.

$2,784,000

facilities

-

reorganization

management

Preferred Holders in Agreement with SEC—

•

(G. R.) Kinney Co., Inc.—October Sales Decrease—
-

the

of

Co.

'expanding
growth in

and

the

period
7
;
almost doubled
•

there¬

the "offer to employees," but not exceeding as to any
person the number of shares which such person subscribes for through
pursuant

grown to

Period End. Oct. 31—)

Sales

to

$2,000

for

$44,000 bad

7.

1,

26:

the

rights

7

per

and

purchase

$10

(b)

per

Sept.
$102

!^ 1

right to subscribe for and

The

to

1957;

'■

outstanding

common

(2)

prior

Sept.-1,

OFFERING OF COMMON STOCK-^Company

$1,000,

plan

pf the three cases, it was said, the capital was
the period.
The $11,000 saved, starting with $1,000 and
each year for 10 years, had increased to $20,173; the
from 11 investments of $2,000 each had increased to $42,051

*Sadcs7~L—

1949;

share

of

the

and the

payable quar¬
Redeemable, at option of

company, upon: 30 days' notice, at $104 per
1952; $103 per share thereafter and prior to

Investments

capital under
-

end of

Period End. Oct. 31—

dividends; from

•

adding. $1,000

Further details follow:
cumulative

in

7

Lighting

'7;

z

Kentucky Utilities Co.r-TPreferred Stock Offering—As
in our issue of Nov.
7,. an issue of 25,000
shares of 4%% cumulative preferred stock
(par $100)
was offered Nov. 4 at $101.75 per share and dividend
by
a banking syndicate headed
by A. G. Becker & Co., Inc.
to

annual

on

the gain

$22,000

4,000

mentioned

Entitled

based

In each

atr the

the

"(no par), common stock, to be sold at market (about $25) by
HenVy P. Kendall, Chairman, through The First Boston Corp.—V, 170,
shares

p.

studies

$4,000 to determine
1939 to 1949.
.;

Boston—Filing with SEC—

letter

a

1296.

p.

7 "Settlement
'

railway

p.

income
1297.

7

2,969,700

2,829,486

1,609,412

1,516,104

railway—

oper.

170,

3,147,632

1,289,445

1,368,768

347,644

887,417

692,664

723,014

107,790

Biltmore Hotel Co.—New Policies—

'

H. C. Nicholson, President,
Holders, said in part:
>

"The
with

on

Nov.

3,

in

a

letter

to

the

stock*

directors have

the

following

adopted certain long-term policies in connection
financial matters affecting the corporation:

"Commencing with the current year, it is the company's intention to
out each year, in dividends, a sum of money that will not be in
excess
of 90%
of net earnings.

pay

"It

is

believed

capital, or excess

that

the

corporation

should

maintain

a

of current assets over current liabilities, of

working
not less

8

(1916)

than

.

$250,000.

Accordingly, cash oi U.

8.

Government

bonds

THE

will be

until this objective is reached.
",
"It is the present intention of the board to
purchase

Government

bonds

each

capital of $750,000. '* C
"After the

above

until

year

the

will

paid out

of

are

dividends

in

in

invested

or

not

invested

U.

Louisville Gas & Electric Co.
Electric

output of this

35,400,000

corresponding

170, p.

the week enaed Nov.
with 39,948,000 kwh.

South

./.'

September—
Gross
Net

from

from

ry.

1949

railway,...

The

income.—

oper.

bilize

from

Net
Net

ry.

—V.

income.10,173,242

oper.

170,

of

company operated
corrcspmiuing month

recapitalization

Clifford
traded

8.

to

designed

been

the

Strike,

for

1,571,113

,

to

approved

President,

the

-

boost

by

stockholders

Period End. Oct. 31—

the

for

the

same

the

value

par

and

approval.

value

par

$4,411,336

The,

is

company

bonds,

15.—V.

inviting bids
scriesi

1979

105

170,

West

of

the

of

revenues

stock,

the

purchase

will

Street,

be

of

received

Chicago,

which

would

to

the

input

kwh,,

con tsponung

of

week

last

holders

stock

each.

that

It

it

voting

will

also

was

the

on

of

"A"

redeem

year.—

of

for

$1,806,565
114,107
Drl 2,806

170,

28,852

A

value

be

can

redemption

of

class

time

into B

market

share

the

present

1498.

P.

common

the

Nov.

if

A

of

four

of

class

of

class

A

shares

reports.—V.

and

28.

This

is

common

year,

the

stock,
the

compared

with $2.10

Minneapolis St. Paul
September—

$37,203,333

Gross

lrom

from

Net

ry.

•

JL549

'

railway——\^$4,187,728

railway

■/•';.

share

per

170, p.

From Jan. 1—

a.m.

(C3T),

;■

1947

Dr143,901 " Dr138,777
217,430
260,826

(Dr)__

20,986

ry.

oper.

income

$84,451

$118,400

11,796

11,281

101,896

$129,681

$1,765,274
957,107

Gross

income

Rentals,

Interest,

etc.—

,

105,050

:

income

103,906

♦$8,803

'Deficit.—V. 170,

$1,663,378

1299.

p.

FOR

;

£

$25,775

$808,167

26,617,172

22,780,816

19,780,074

from

Net

ry.

tions—
All

Service

Co.—Common

Stock

of

Subscrip¬

THREE

3,255,105

1,257,499
*353,533

',4; 139,187
'

1,450,364

957,184

,

after

MONTHS

taxes

the

25,000

shores

of

common

stock

—V.

offered, to stockholders
17
were
purchased upon the exercise of warrants.
the, total underwriting commissions to
be
paid on
stock pusuant to the common
stock purchase, contract
will be $12,500 and the proceeds to
the, company on such common
stock,* after 'underwriting commissions, but. before,
expenses,
will be.
$£87,500. or $11.5$. per share, (For further details
see
V. 170, p, 1600)
170
of

record

On

ENDED

SEPT.

30,

1949" "

;

•

57,580

__

170?,'

p.

' y "*

-

Dec.

the

/'

Production
current

the

at

year—July,

from

131,519

tons

from

122,192

tons

The

estimated

quarter

-

company's mine for the third quarter
August and
September—amounted to

milled.

This

m'lled

the

Emergency

amounted

to

compares

preceding
Gold

$122,583.—V.

v/ith

production

_

$80,705

_

Net

1947

$174,139

$203,000

$133,423

40.132

railway

1948

77,057

_

income

1946

p.

bonus

lor

$807,026

12,374

$121,665

35,004

41,801

11,594

24,921

1,299,029

1,018,074

336,202

1,713,651

.367,441

J

219,044
*59,487

30,982

1,670,682

608,492

income™

oper,

diiectors
the

4,r

98.134.

/>

238,249

,,

113,658

.

,

the

third

Marion Power Shovel
Co.—To Increase Directorate—
A special

*

meeting of stockholders has been called
for Nov. 28,
1949,
to vote on a
proposal to increase the board of
directors to 13 members
from the present nine
member board, and to
approve amendments to
the code of regulations
by which the duties and functions
of the Chair¬
man of the
Board would be broadened.
Charles R. Stevenson and
Norvin H. Green will
be nominated for
election as new
directors

have

Previous

Richard

and

Randal

by

Ik the

ment

four
to

Stevenson

early

code

-

ot

be

shareholders and

similarly nominated
to

a

letter

sent

been

other

stock'.
Mr

of

the

death of E. G. Diefenbach

declared

a

quarterly

dividend

President

management

of

important corporations.
Mr. Green is a director
and member of
Executive and Finance'Com¬
mittee of International
Business Machines
Corp.; a director and member of Executive
Committee of The Okonite
of

Executive

Committee

Co.;

o'

the

a

Mr.

of

the

Richard's

Board

Steel Corp.,

Mr.

Holden

of

The

directorships

and

and

h's

include

Borne

family
presently a

of

substantial

of

shares

company.
He is
director of
Allerton, N. Y.
President and a director of
5o Broadway
Building, Inc.—V.

of

the

Corp.
and
170, p. 789.

Melville Shoe Corp.—Current
Sales Declined 9.1%—
—4 Wks. End. Oct. 29
_

.

.,
tr

-—V,

-inn

170,

,

s
p.

*7

1498.

1949
$5,143,037

•

1948

Jan. 1 to Oct. 29—.
1949

1948

•

$5,658,219 $57,001,791 $60,626,692

Mercantile Stores, Inc.—October
Sales Off 11.3%—

Period End. Oct. 31—

!rST™
—V. 170,

p.

,"™
1398.

1049—Month—1948

1949—9 Mos.—1948

$9,480,600 $10,694,200 $77,991,700




be

50

$82,890,600

total

of

a

new

15,000

expenditure
expected

of

be

It

Plant

End.

from

stock.

of

the

After

offered,

used

is

from

line

Public

it

sale
the

is

of

bonds

in

sale

arid

the

to

proposed

of

sell

for

such

construction

in

Winona,

the

is

,

sale

common

Nov.

1. 1963
Preferred stock
series

GIVING

series

on

in

that

/

•

;

1949—9 Mos.—1948

-

131,302,035 841,273,380 965,776^17

./

.

:/■'

/'■ -3

is

$1,800,000

proceeds

the

of

contemplated

required
from

of

funds

the

sale

common

-

in

(cumulative,

$100

par)

,

1

DIVIDENDS—During
of

stock

of

for

1933

the

when

terms

ret red.

of

1.926

be

varving

amounts

$1

On

per

Oct.

share

per

1949,

radio

line

has

and

is

receivers.

been

achieved

were
was

operating

on

Mr.

equally

allocation

an

Galvin

well

stated

received
2

requiring

in

a

double

new

antenna

has

with

announced
in

set

picture

tube

two
9

by

.

by

..

signal

the

the

need

for

The

areas.

combination

(G. C.)

to

dealers

is

starting

at

once.—V.

170,

Murphy Co.—October Sales 9.38% Lower—

There
as

*

217

were

compared

1949—10 Mos.—1948

$105,595,498 $101,602,642

stores

210

to

1949—Month—1948

$11,305,190 $12,475,371

Sales-

in

operation

stores

in

the

at

operation

1398-

P-

an

console

12V2-inch

a

'"V
models

new

Period End. Oct. 31—

.

•

built-

television-

corporation.

1498.

p.

.

and

and

this

eliminates

good
and

controls,

console

Nov.

"Luilt-In-Tenna"

either

16-inch

a

only

television

new

combination

close

at

of

Oct.

.y

October,

31,

1949,
170fc

1948.—V.

:W.'/i/

National Container Corp.—Calls Preferred Stock—
It

is

announced that the balance of the 4%%
cumulative preferred
outstanding has been called for redemption on Dec. 27, next.'.,
Kipnis, President, said that following the redemption, the
capitalization of the company will consist entirely of 2,715,459 shares

'stock
'

Samuel

of

stock

common

$6,000,000.

He

approximately

and

long-termdebt

estimated

net

$7,000,000.—V.

current

due

in

1964

assets

of

as

170, p. 496.

the

Sept.

of

amount

30,

1949,

at

Z

*

National Distillers Products Corp.—New
John

■

E.

been

Bjerwiith,

Chairman

'of

The

a director of this
President, succeeding

elected

Board.

the

of

York

New

Mr.

Trust

170,

p.

has

resigned

a

director.—V.

On

Nov.

paid

170,

p.

109.

on

the

with

the

15,

shares, 9 cents

*

1949,

the
of

10 cents

following
record

(total for

for

41

year

cents);

22

railroad
retail

trade

On

Nov.

amounts

1949):
stocks

oil

30,

income

to

total

22

1949,

6

series,
cents

18.5

cents);

months

43.6

4

cents

8

lunds

cents

(year's

total

building

27

stock
4

23.8

3

4

cents

year,

23.6

8

cents

(total
23

for

cents);

cents);

ex-distribution

per share,

total

shares,

shares,

shares, 5 cents (year's Utai

sell

series,

cents

for

(bringing

cents);

preferred stock

on

series,

(total

distributions,

cents

chemical

;•

share, will be
balanced series

per

On

cents);

groups

following

series,

(year's

cents);

1949:

6 cents (total for year,
(year's total 24 cents).

the

5

31,

year to 42 cents);

selected

estimates of such

institutional

series,

(year's
year

shares,

distributions,

Oct.

shares,

shares, 6 cents

are

On

cents);

railroad

equipment

12

cents);

'

Research Corp.—Distributions—

(bringing total for

(total
year,

\

/

■

Securities &,

shareholders

to

President

Director—

a

.

may

as

1805.

Kleeman, President of Colonial Trust Co., New York, N. Y.,

elected

been

President, Etc.

corporation ior many years,
Set-on
Porter, who becomes

Eienvirth

Co.—V.

:

no

7,

results

National Paper & Type Co.—Kleeman

annum
on
the new $10
par value
the outstanding common stock of the
company was reclassified from 12.300 shares
($100
par) into 61,500
shares ($10 par).
On Oct. 13, 1949, a
quarterly dividend of 30 cents
per share was declared
payable Oct. 27 to holders of record Oct. 14, of
the 61,500 shares
($10 par) stock, which is equivalent to an annual

stock.

with demand

up

home

tuning,

featured

/"■ Delivery of the

....

has

dividends were paid.
From 1935 through
dividends of $4 per share ($100
par)
siock were paid, and stall¬
ing in 1946 and to Aug. 1, 1949,
quarterly dividends were paid at a
rate equivalent to $5
per share per annum.
The latter dividend rate
to

quarter

'.'.tube.

80,000 shs.
bonds

year

third

the

trade in that field.-

are

National

dividends

e^ch

taxes.

introduction of the company's new
radio and communications equipment,/
lines has been so enthusiastic that the

new

and

15,000 shs.

Additional

in

$2.77

income

keep

$1,890,000

1935

800,000

$3.34

communications

television

Arthur S.

-

1945

equivalent

to

television

new.

antennas

has

indenture.

through

2,215,914

,r>' 800,000

$0.71

home

the

for

series,
years

2,672,613

800,000

$0.96

spectacular

unable

both

the

model

30,000 shs.

15,000 shs.

565,874

800,000

television,

enthusiasm

outside,

are

will

"•

.

250,000 shs.

with

paid

•

the

•

Outstanding
;

*

(par $10)—

were

'Authorized

1949—9 Mos.—1948

principal
wnich

next* 12-month

common

1

accordance

stock

of

'

1949—3 Mos.—1948

to accomodate

rate

Motorola's

the

account

shares * of

due f

♦Originally issued $2,100,000; balance

common

r

!- 1949—Month—1948

and Federal

radio-phonograph

EFFECT TO PRESENT OFFERING

——

________

Common stock

is

"

Minn.

over

stock.

■

exception

73%

27%

'

estimated

approximately $700,000 is realized

of

mortgage bonds, 3V2%

common

„

& Beane__

Announces Two New Television Models—

:

'

$700,000

during

also

issued

the

764,377

the commercial

expendi¬

1951.

about

purposes

.

first

$2,500,000

18,500

additional first mortgage bonds,

CAPITALIZATION
First

of

•

•'•"i'/.'U '\'V i.W •/£

Sept. 30—

has been

that

per

■

the

■

and

$17,973,196 $12,930,235 $51,795,564 $39,848,775

noted

1950

turbo-generator

auxiliaries,

early

proposed that further offerings
made at later dates until
a total of

be

KW

approximately

completion

the

commitments

received

amount

•

.

underwriters

$

reduced

a

2basis

cents

share.

a

were

now

period.

principal

despite the fact that during part of thLs period Motorola
at

one

installation

until

common

5%
owners

3/10 of

of
approximately $975,000
outstanding on Oct.
1/ 1949.!
It
approximately $1,800,000 of the $2,500,000 of

that

to

the

a

1949

unit

will
of

Scrymser Co.

are

new

this

director and member

Intertype Corp., and a director and
Gauley Mountain Coal Co.
Manufacturers Trust Co of New
York; Midland1 Steei Prod--cm
Co.; Murray Corp. of
America; Hartford
Electric
Chairman

of

company's Liberty Street Steam
unit,
complete with
boiler
and

Purchase

-

for
unit

Pacific RR.—Interest Payment
Approved—

dividend

the

involve

stock

of Stevenson. Jordan
& Harrison
engineers, for. the past 33 years!
the Murray Corp. of
America; Virginia
The Autocar Co.; Borne
Scrymser Co., and several

known

to

period

T

amend¬

in

This

C.

represent

Chairman

been vac*nt since the

Corp.;

Harold

Harvey

company, to holders of both classes of
directors are elected and the

Prescfncly a director
Coke

to

by

regulations is adopted it is
contemplated that
by the directors to serve as

iias

Stevenson

&

common

will be elected

inc.,. nationally
Coal

will

according

proposed

thep0veare

in

Mr.

additional

the

the

Holden

-tqe preferred shareholders,
Gracely, President of the

basis

toward

unit

the

v

profit

firm

common

the unsubscribed shares Oct. 28
at $15.80
PURPOSE—Net proceeds will be used to finance
tures

of

1600.

sales

He
/

*

share for each share held,
5,047 shares were subscribed for by such
stockholders at
$15.80 per share and 13,453 unsubscribed shares
were sold
by the company to the underwriters at
$14.85 per share.
The
underwriters, Merrill Lynch, Pierce, Fenner & Beane
and Carter H. Harrison &
Co., made a public offering of

552.

is

amount

required

Paul V. Galvin, President, on Oct. 28 further
predicted that Motorola
would
top $75,000,000 in sales for the entire year, with net
profit
"better than $5 per share."

.

stock, payable Dec. 31 tor'holders oLv record
distributions had been at the rate, of
45
per share quarterly.—V. 170, p. 1299.
'•
;,":V

16.

the

on

are

turbo-generator

Harrison & Co

"After charges

>■

Mississippi Valley Public Service
Co.—Subscriptions—
the 18,500 shares of common
stock offered
by the
company to the holders of its
outstanding common stock

the

KW

additions)

names

Capital shares outstdg.
Earnings per share

Of

$799,777
I
:

quarter,

Assistance
159,

oi

of

principal

funds

as

total

Simplified

Malarlic Gold Fields
Ltd.—Production Shows Gain—

15,000

112,398,224

Period

•

—

railway
railway

on

cents

$1,800,000

1950,

new

Motorola, Inc.—Earnings—

►

The

of

during

Morris Oil Co., Ventura, Calif.—Filing with SEC—

•

Mississippi River Fuel Corp.—Larger Dividend—
share

balance

time

—

138,285

basis

common

series

Nov. 4 a letter of notification was filed with
the SEC for 5,000
($1 par) common stock, to be sold for
between $5.50 and $7
'each by Clair E. Halliburton,
Fresno, Calif., a director of the company,
through First California Co., Dempsey-Tegeler &
Co., Morgan & Co.
and' James Ebert Co.
v
; ;

$1,455,850
'

1949

170, p. 1398,

Oct,

such

spch

3%t%

new

a

shares

.

■;

railway

from
ry.

bonds of

•-

/—V. 170, p.. 1398.
/

——..4--—.-—
Federal income taxes————

oper.

Net

the

to

company's

Period End. Oct. 31—

Calif.—Earns.

taxes

from

Net

"v

.

*

DEBT—Company is negotiating
which holds its outstanding 3%7o bonds,

►

from

Gross

and

time
the

of

170, p.

♦Net

1298.

p.

Public

unit

FUNDED

company,

'v.,
Sales

From Jan. 1—

Maine

48%

Montgomery Ward & Co., Inc.—October Sales Lowers

'

Mississippi Central RR.—Earnings—
Net

IN

Merrill Lynch, Pierce, Fenner

Of

k

V

"

September—

$1,058,268

and

1805.;;• v V':'! ,''1'

380,017

Corp., Los Angeles,

166, p. 270.

Gross

Minnesota

of $12.961,245-in black interest covered
by the petition,
$11,159,525 is for first and refunding bonds of Missouri
Pacific RR.
Payments on first mortgage, bonds of subsidiaries were
approved as
follows: $1,610,000- for- International Great -Northern
RR.;
$135,920
for Cairo & Thebes
RR., and $55,800 for Central Branch Union Pacific
Railroad.—V. 170, pt,

"

660.123

513,612

i—_

before

income

-v.

$1,890,645

in

On

Provision lor

935,288

'

$2,947,418

1,043,236

sales
income

$1,993,556

'

102,911

$96,247

170,

Appliance

RESULTS

Net

income

located

.

Mission

Net

is

.

/

,

Net

depreciation)

The
payment
of $12,961,245 m
back
interest to lirst
mortgage
bondholders of this company and several of
its subsidiary railroads
was
approved in the Federal Court in St.
Louis, Mo., on Nov. 9. *
The authority
was
granted to Guy A. Thompson, trustee of the
; Missouri Pacific RR., after ia brief hearing before Judge George H.
Moore. The only opposition came from-a
group of stock and
bond¬
holders
headed
by, Andrew,; W.v Comstock
of
Evanston, 1 111. * An
/attorney for the group asked that the money, be used for stock
dividends."-' :. /•:..' '■■■■- ■; ■>

1946

1,232,023

from

from

V

in

,

.

«

2,208,455

railway—
26,890.589
railway.——..' 4,580,899
Net ry, oper. income,....
1,689,103
Net

bonds,
from

/ Missouri

f

-

Gross

sold

.

—V.

for. the

"

first

of

CHANGES

Carter H.

'

'

1

com¬

respective percentage of the unsubscribed shares which each has
sever¬
ally agreed to purchase, are as follows:/
•
/
% ' >

•

on

1805.

$4,879,394. $3,458,641

1,515,668_
'815,835

—.

income—

oper,-

1948

deduction

.

quarterly dividend

paid in 1948.—V.

' "v

be

,

& Sault Ste^ Marie Ry.—■
Earnings

/

>

population of

communities

,

company's 133i:d consecutive
and makes a total oF $2.60

stock,

other

company also furnishes electric service to
customers throughout the
territory.
•
;

the insurance

r

$1 per share
holders. of; record

to

27

a

Village of Trempealeau, Wis., and

The

UNDERWRITERS—The

►

quarterly, dividend; of
Dec.'.12

to

retail

the

with

City of Winona,

;

dividend of 70 cents per share

a

usual

both: payable

the

$37,000 per year.

1949—Month—1948 -:
1949—3 Mos.—1948
$2,985,454
$3,410,523
$7,441,500
$8,674,114

Nov. 8 declared

on

stock

at

to

to

associated equipment.-A cash
sinking fund will be provided suffito retire $40,000 principal amount of
the new bonds in each year
commencing 1952, and there will be an additional sinking fund
require¬
ment
(subject to credit for 60%
of available property

,

17C, p. 595.

V

service

miles

square

addition

and

B,

v

j

Wisconsin

cient

.

have

.

In

the sale»of $3,700,000 of first
mortgage

to

-

the corporation

approximately 700

electric

farm

construction

converted, is approximately
of $30, plus dividend of
redemption.

for

in

1980, of wrhich $1,900,000 principal amount is
proposed to be issued
January, 1950, at a price which, together with approximately $62,500
treasury funds of the company, will be sufficient to redeem the

of

price

held

approximately 94%

shares,

shares

/./.; %/;."•;> V.-;'*-r.

preferred

its

on

1949—9 Mos.—1948

>Crl7,548

present

class

share

The directors
the
on

,

$2,026,571 $18,361,324 $19,946,933
1,749,550
14,305,099
15,728,665
O
147,317
2.031.516
1,928.020

1,574,215

—;

—_

and

outstanding

1948

Minnesota Mining &
Manufacturing Co.—Dividends—

the. company

11

the

organized

was

Wisconsin

due

in

„

dividend

a

out

of

name

com¬

f

Wisconsin. ; It

of

area

PROPOSED

certificates

that

payable,

the

-

certificates

the

announced

stock,

present

the

;-in Wisconsin, and after addition of the proposed turbo-generator
will be approximately 68% in Minnesota and
32% in Wisconsin.

of

'

crust

the
on

•

BUSINESS—Company

under

territory and at wholesale

rural

subsidiaries

of

'

The electric operating revenues of the
company for 1948 were derived
approximately 85% from Minnesota customers and 15% from Wisconsin
customers.. Approximately 52% of its operating property
per
books

r

increase

an

1913,

an

(before

System

is the intention of
quarterly dividends

to pay

"

the Interstate Power Co.

sta¬

'

V",

AND

lurnishes

pany

of

65,000rshare

a

share. ./It

per

continue

approximately 50,000 people.

3,076

to

17,

serves

'

the

83,231,000

the

of

......

A

$30

:

—v.

be

rents

Net

Net

class

Sales

is

fac,

Other

witn

acquired.

,

declared

with

converted

current

$3,000,000
by

to

up

1949—Month—3,948

I

Joint

be

9.

100%

number

authorization

stock,

to

so

required

Nov.

of

purchases

the

seeks

South

1949,

notifying

Period End. Oct. 31—

to

v
1949—9 Mos.t—1948

$4,672,621 $36,550,244

for

Bids

Adams

——

expenses

rents

is

at

each

'Deficit.—'V.

Taxes

also

is

event

Miller-Wohl Co., Inc.—October Sales Down—

soon

Maine Central RR. —September
Earnings—

Equipment

market

obtain

shares

the

cciporation

that

the

to

been

the

will

According

1701.

p.

Period End. Sept. 30—

Operating
Operating

./

been

compared
for each

$1.20,

1397.

Suite 2200,

1946

has

which

Net

mortgage
Nov.

13,

$44,

in

as

Madison Gas & Electric Co.—Bids for Bonds—

at

3,

over

v

outstanding

Dec.

Up

directors

their

1949—Moutn—1948

Sales
p.

Nov.

7%>

or

1804.

into

$71,927,160

by tlie
mjve,
however, new certificates
supplant present certificates.—V. 170, p. 1397.

—V, 170,

It

Middle

amounted

corporation

its

$1.20

McLellan Stores Co.—October Sales
Slightly Off—

.

>

offering.

the

ended

kwh.,

points out

1949—10 Mos.—1948

ariected
to

to

In

The. corporation advises holders of class A
certiiicatcs that Dec. 2,
has' been fixed at the last date on which
conversion of class A
certificates into class B certificates at the rate of
four
shares of
class B for each share of class
A, can be afiected.' The

would

be

Issued

in

stock

its

Middle

earnings, on Dec. 13, 1949, upon surrender of class A certificates
redemption at the Empire Trust Co., 120 Broadway, New
York, N. Y.

counter, will be raised from $0.10 to $2.00 a share.
Under Uie
plan,
the
company
would transfer $414,105 from its
surplus—$1,041,067 as of Sept. 30—to its capital account.
If
the
plan is ratified by the stockholders, McGraw's capital stock account
will stand at $1,227,847 and the
surplus account at $626,962.
There
are
217,950 shares of Mcu raw common outstanding, with a
present
capital value of only $21,795.
The number of common shares

iui,t

South

to

of

stock...

656,295

8.

dividend

share

to

rate.

Railway, Light & Power
Co., its present name having been
adopted in 1925. Company is now
solely an electric operating public utility
engaged in the production,
transmission, distribution and sale of
electricity in the City of Winona,
Minn., and surrounding territories in Minnesota and

for

the

over

week

p.

The

2,701.730

$7,919,213 $70,910,149

201 stores in October, 1949,
last year.—V. 170, p. 1397.

plan,

has

stock

the

Jan.

-

,

HISTORY

'

the Middle South
a

1/35

Share

«

$1.20

k

Middle States Petroleum Corp.—To Redeem "A"
Shs.

$14,325,815

McGraw & Co.—Plans to Recapitalize—

submitted

directors

of

of

mon stock at this

Electric

with

'

common

of

of
as

of

rate

and

purchase

share.

per

shares

the

the amount of stock

corporation

170,

1946

921,698

1949—Month—1948

$7,546,527

The

be

$12

(16.19%)

these

at

Bond

of

the

the

market

the

this

v.

McCrory Stores Corp.—October Sales 4.71% Lower—

(F. II.)

board

persons

of

1949

Period End. Oct, 31—

A

for

shares

30,

share

at

Weekly Input Increased 7%—

1297.

p.

Sales

the

the

For

155,399,777 138,471,270 125,426,419
27,685,631
24,951,471
20,718,980
15,345,572
11,861,402
11,021,793

20,708,976

Nov.

Middle

limitation upon

1949,
for the

1947

2,400,846

135,615,745

railway

interested

gave

5,

en

ruilway___.

each

complete

5,510.000

1948

656,993

to

of

from

803,230
distribute

date

the

of

shares

Prom Jan. 1—
Gross

South

to

record

for

record

shares

>

,

$13,867,905 $17,557,784 $15,320,626
1.992,644
3,862,723
2,025,948

railway

stock

Middle

owns

proposes
oi

of

subscription period will expire Dec.
subscription, Bond and Share will make

Louisville & Nashville RR.—Earnings—

Net

SEC

The

year,
a
decrease of 11.2%.
After excluding
local sales increased 0.9% in the corresponding

1804.

and Share
It

stockholders

last

sales to other utilities,

period.—V.

a3

*

stock

common

stock.

Government

8.

property

(Ky.)—Weekly Output—

for
compared

company

kwh.,

week

in

the
Bond

bonds, as
additions to the
hotel.
These sums, impossible to estimate in advance, the directors
propose to utilize when available, commencing in 1950, for the purchase
of stock of this company for cancellation.
No purchases will be made
at a higher price than the same can be
purchased on the Los Angeles
Stock Exchange."—V. 170, p. 1192.

depreciation cash

totaled

Nov.. 7,. the

15, to

rate

656,295 shares

not

as

Nov.

Monday, November 14,-1949
dividend

request a hearing upon
the proposal
Bond and Share Co. to offer for sale to its
stockholders

provided for, it Is anticipated that'there
be further accumulations of money each year from net
earnings

well

order; announced

an

until

;.

items

In

/»,

$50,000 in U. 8.
has a working

corporation

CHRONICLE

Middle South Utilities Co.—Stock Offering—,

accumulated
*

COMMERCIAL -&L. FINANCIAL

andf

(the

payable Dec. 15,

year's

total

to

34

28.2
cents*;
industrial
aviation shares, 4 cents

cents

(bringing

(year's

cents).—V.

total

170, p.

total

14.4

1805.

for

cents);

'

r

Volume 170

National

.

Number 4855

Shirt

Shops of Delaware, Inc.—Oct. Sales—

Period End. Oct. 31—

1949—Month—1948

Sales

$1,084,706

The

THE

October, 1949 operated 94 stores,
in the corresponding month of last year. .' v '•

90

Period End. Sept. 30—

$1,147,933 $11,128,447 $10,674,990

in

company

compared

Operating

On

With

Nov.

shares

2

SEC—

letter

a

of

{

'

Maintenance
Fed.

filed

with

the

SEC

for

9,000

of

common
stock
(par $1), to be offered at $11 per share
Reynolds & Co., Scherck,/Richter & Co." and Blair F.. Claybaugh & Co.
Proceeds go to selling stockholders.—V. 170, p. 1499. ,•

*

and

come

Other

-

*__

642,871

_____

Canadian

taxes_^...__2_2_
taxes

*'-1949

for

deprefc. ana depletion.—
Interest, bond discount and expense
Prov.

for Federal

Net

profit

•After
other

outstanding.;
share_____<____.,____

expenses

those

except

provision
of

T.

reported

the third

stated

the

in

quarter.

that

all-time

new

hearth

open

world's

furnaces

by the Weirton

Steel

announced

—V.

The" previous

output

in

new

three

plant

blast

single

a

month

record

!•

table.

also

the

tax

with

of

respect

1949

was

by

con¬
-J

in

1949

Period End. Oct. 31—;

—V.

170,

s

established

produced

170, p.

$4,717,186

1398.

p.

in

total

a

October

of

j

Weifton'3

by

124,134

I

tons

of

pig

of

the

week1 ended

15,867,413 kwh;

production of

Nov.

This

is

15,470,493

this

4,

kwh.

$1,846,287

company

-

-

•

.

Utility

new

loans

of

operating

$15,000,000

•

customers ip 33 .counties of

upstate

customers

New

and

"

.....

.

month

ended

for the

..:

.....

of

electric

396,920 kwh.,

Nov.

on

a

announced

output

This is
of

lor

decrease

a

749,780,000

v.

October.

170, p.

of

cubic

corporation was admitted
.•>•••>'•

-

to- when

the

no

issued

1805.

-

the Northern District-of

ration.

above

•

The

distribution

1949,

is

reported

cubic

the

feet

at

9.70%

or

-

cubic

677,032,000

corresponding

:

-

Zinc Co.' (&

Quarters End.-Sept. 30
•Operating profit
Other

operating

Total
Gen'l

inc.

New

and

below

month

a

from:

Net

ry.

•

ago,:—

will

be

Gross

1948

1947

$3,650,487

90,268

163,125

150,294

$3,813,612

$2,001,975

$1,434,520

544,800

700,018

?

■

' ' 1949

income,—

'

f

'"'

6%

•

Total

-Res.

($48,857

403,292

for

$3,113,594

357,913

1948

r

358,917

$3,420,452

contingencies..^

>

985,005

$408,506

$2,i85,447

Earnings per share on
1,'960,000 shs'. ($25 pari/
paid per share in

3

quarter

'

•After costs,

tion

and

and

1946

22,035

!C,

NOTE—Earnings
shares

of

capital

Period—

1948

1946

$1.41

1948.

—V, 170,

for

87,183

60,348

'

-

p.

1601.

'

:

.

.;■

t.

..

first

720,916

260,506

433,994

-

.

•9,692

Gross
Net

Net

from

from

ry.

railway
railway*,——

$0.24

1

r!

months

with

',

«•

oper.

V

$0,21

From Jan. 1—

Gross

137,612,046

from

oper.

1,432,661

5,828,957

28,965,308

45,327,673

1,172,182

3,056,658

17,369,482

25,400,661

260,479

2,772,299

11,595,826

1,132,776

6,024,241

,9,611,0.77

revs
—

income--

oper,

,

rents

.7,

Net

ry.

(net)

31,297

36,124

146,022

3,868,951

17,474,045

.

-•

108,490

for

funded

on

$1.86

'->;3;25;: :;.r/

.'1,'162,474

3,967,382

698,910

3,811,993

.17,250,997

29,068,150

—v.

170,

271,174

I

:

"

of 4 Vz %

$733,545

401,221

The

265,669

.'.

176,681

6,256,565

4,450,596

1,330,052

2,031,206

...v

) •/

-v...;!

.

3,098,947 "

v

1,327,334

'•

101,923

98,607

941,793

;

from
not

Gross
Net
Net

1949

from

from

ry.

railway-—
railway.*—_

94,012

-From Jan. 1—

'.'

1948

-

$381,828

income!, v'

oper.

-

1947

-

*

$358,439

133,550

42,301

....

-

$415,681
—:

585,000

531,987

.

3,546,719

15,730,204

Net

Net

ry.

—V.

;

railway.—
railway—'.*
income—

oper.

170, p. 1702.

v '

3,413,642

3,776,876

"

697 961

.

1,060,374

^ 806,383

to

1946

174,975

306,164

•{

-

185,247

of

-•

V

subscribed

be

,

Sales
—V.

_1—

170,

12,074,032

—__r

p.

$

$

'

of

11,613,694 100,519,086

1948

total of

shares

13,575

At Close of Business Sept. 30—

•Cash, U.
net

*

'•

'r

1949

<■,

Government securities & all other

r

listed

changes
Securities

listed

market)

tShares
and

on

U.

S.

ether

and

Canad.ian

on

.•'

f
{

London Stock Exchange
non-listed

2.06

2.14

"

plan,

share

with
of

and

employees.

worth

per

—

share—

23.35

•After

1949
p.

and

provision
1948,

of

new

common

privilege of
company "and

the
of

the"1

693.




income
fixed

by

$79.87

taxes

to

Sept.

directors.—V.

30,

170,

5%

W^s-

Div.

quarterly
prior pre¬

convertible

Co.—Two New

of

President

have

been

Budd

The
of

John

the

elected

Co.
A.

Trustees

Philadelphia',

of

Roebling's Sohs

trustees.—V.

Nov.

9

declared

dividends

two

170,

of

from

"Undistributed

"Accumulated

Net

Income

Realized

Net

50

since

Gain

first

1301/

p.

each,

cents

Jan.

1,

1939''

on-Investment*

departure, from the policy of paying dividends
by the corporation since it was founded -in

followed
time,

Pennroad has engaged

large concentrated
investments,

holdings

in

in

the

program designed it0

a

field

railroad

announced" aftfer
to

the

consider

the

meeting

the

payment

"simultaneous

months

apart,

it

that

dividends

of

declaration

of

believed

was

the

was

.be

to

into

more

the

intention ,of

semi-annually"
Uivid'ends,

these

be

time, 'the

given to dividends until the latter part
directors * will
review
the
situation in

resu'ts

operations of

of

prevailing.—V.

sold

were

two

best

method

ef

170,

the

corporation

and

of

1950.

the

general

At

"ttjat

of

light

the

conditions

tnen

889.

p.

former

1 "

Pennsylvania Engineering Corp.—45-Cent Extra Div.

r
V

Nov. 7, the directors declared; an extra dividend
of 45 cents
share' and a dividend of 20 cents per share* both payable Deo/ I
'stockholders of record Nov. 15, 1949.
This brings total dividends
in
1949
to
$1.70, which compares with $1 paid in 1948,—V. 168,
p. 2436.
:■
;•
;
..
•;
per

td

■

the

stabilization

of

.

"

.

proposals will be received by
Salle St., Chicago 4, 111., up
t

:

■

•" ■'■

v

-

will
for

be

allowed

each

share

to

held

of

,

snares

be

offered
■-

-

for

•' *

sale

at

ican
'■

of

this

company

will be
The

V

;

road

1,062,300

' 194£)
$773,097

/
-

U""'

193,040

Net-ry..oper. income_*_.
•

Ntft

from

for

the-week

from "railway

Net ry.

oper.

' '

4.

horsepower.
*

•Deficit.—V.

.

1

:

\r

1947

$789,418 '

133.601"

30,726
5.143,601

739.306

" 1,145,412

1,123,283

41,462

420,821

462,446"

•

•

43,139
^

*

Morse

Co.

&

diesel-electrics
service

The

,

ElectroAmer¬

Lima-Hamiltop."

start

in

January

and

..

locomotives, having

when delivered, will add 370,80J

units,

total

a

170, p.

I""

the

Locomotive,

and

to

are

594 diesel-electric

new

company

•

were

ago.-*-V-.

year

.

1,433,100

of

diesel

' v

1807.

<-.1949^-Month—1948

-ir*

There

'

horseppwer
.

-

,

*.

142

$4,020,423

stores

170,

in

p." 1499."

l- '

v,

1949—10 Mos.—1948

$4,267,575 $38,002,592 $37,766,313

operation
"

Oct.

1 •

31, ,1949

%

V,

against

140-a

,

Peoples Gas Light & Coke Co.—Partial Redemption—
James F.

tors

Oates, Jr.,

,

3%

of

for

convertible debentures
on

amount
On

'

•

-

Nov.

3,. 1949*
debentures.

Dec.

on

The

at

•

f

of

Nov.

Chicago,

10,

12,
First

111.,

1949,

In"

"It

at

at

N.

the

were
of

and

Bank

Nov. 4 announced that the-direc-

i,

1963.

debentures

12 of $5,000,000

As of the close of busi¬

outstanding
were

$15,821,400
called

for

should

be

principal

redemption

interest, payment to be tnado
Chicago/trustee, 38 So. DearborrP St.,
Trust Co. of New York; 140 Broad-

accrued

of

Guaranty

Y.

announcing the directors' action Mr. Oates explained:remembered

including those called
out

103

National
or

on

redemption next Dec.

due Dec.

there

the $5,000,000

New York,

way,

3.600.569

"317.958
*772,283

Chairman,

have authorized the call

'

1946;
$508,782
72,781

45,068

170, p. 1301.

giving

in

Period End, Oct. 31—

1949,

$621,741
112.115

' 1948'"
'

6.468.9'86

"

has

now

Sales

.

Nov.

122,207

income

Fairbanks,

new

Baldwin

^

ended

6.152,375

railway

understood, " include
Corp.

equip¬

i

.

From Jan. 1—

Gross

and

the

is

of

program

$300,000,000.

Peoples Drug Stores, Inc.—October Sales-

■,.

/

Pacific RR.—Earnings—
•

it

.

,

postwar

than

more

Motors

for the 820 locomotives;—V.

5

'

orders,

General

about

railroad's

the

>

'

placed, orders for223
$38,000,000.
' '

"substantially .completed" by the end of August,

horsepoweh

■

'

,

railway._V_

costing

has

•

record

totaled,: 66,493,000 ,.kwh. ,"as,compared (Vith .65,450,000 kwh. lor'the
corresponding week Jest year, an increase of -1.6% ^-V.-170, p. 1806.'

from-railway-

the
of

Locomotive

of

of

coSt

improvement to

of

Division

Deliveries

locomotives'

the

it

announced

"

competitive

.

brings

and service

Recipients

one-

subscribing to additional; shares.
Em¬
its subsidiaries will get the right to

will

diesei-electric

t Motive

f

on.Nov.. 9

company

Thia

•

ment

:

buy

The

..

new

I

.

'

Pennsylvania RR.—Orders 226 New Diesels—1

the

,

stock

1

Sepfemlic r—

,

for all taxes, including
respectively. +Fair value as

1949

to the attention of Pennvoad's stockholders this important
change in policy. If was pointed out, however, that in view of the*
declaration of two dividends at this time, no further consideration

notf more'thah 150 shares £ach from the-Unsubscribed shares.

Grcss-from

,
"

shares

\

'• Weekly Output Shows 1.6% Increase—

Net

17.89

$77.29

...

—

Insurance

Tyson,

from

the

year;

directors

would

including

SEC,

•

stockholders

common

the

balance'

1

corporations
r

undertakings

net

354,043

of

1939/'

marks

was

ness

(at
•

392,568

the

on

President

Jr.;

on

paid

cents

Jan."!,

'

,

01

"

' (

;

-

Northwestern

-L——

notes

712,750
358,706

bringing

c

subscription price is to be fixed by the company at from $9.75
per-share,-; Underwrriting compensation is not to exceed 50 cents
per_ share.
^
>
'

Ex¬

57.10

4_52~f€i

722,934
-330,366

249,108

985.

p.

Life

Budd,

Charles R.

payable. six

*•

■

$2.74

■.

48.64

_.__J

and

Estimated

$3.24

market

(at

1948

'

.

1

•

G,

was

25

the

to $11

u:-

-

587,287

285,489

share

per

170,

Mutual

hereafter .and

Cun-

and

Invitation for

—

.

Such

of

Electric-output

quick assets

Securities

-.'

S.

the

These

(Minn.)

...

Worth Per Share— r

_309,00(J

$0.11

x

The

1499.

.'r Newmont Mining Corp.—Net

with

in connection with

proposals,

bidding.

$

98,932,171

315,000

$846,842

diversified

inviting, sealed,-written, proposals for the purchase
1,584,238 shares of common stock (no par) as shall
for by the holders of the subscription warrants or

stockholders

a

17,

purchase
The

•

Co.

&

has- received "permission from the SEC to make a
the common stock.
The proposal involves the sale
share® of *no par common stock, including 22,194 shares

the

ployees

$

cents

Trenton, N. "J.,

convert

company

offering

Under

sixth

.

of

1,584,238

Nov.

(J. J.) Newberry Co.—October Sales
Higher—
31r-^
1949-r-Month—1948
1949—10 Mos.-

a

company at Room. 1100, 231 South La
10:30 a.m.
(CST) on Nov. 16.

common

31,821

Period End. Oct.

863

315,000
" *$0.10

'

held,,in the treasury pf the company,, with pfior subscription rights to
•

767.758

V-'-

---•

1947

35,940

,

States Power Co.

company, is
it of such of

public

3,'006,634

"

filed

company

The

V

110,873

3,048,908 '

3114

For some

Oct. 26 offered 1,572 shares

on

market price of the common stock.

/

/:the

-

from

from

;

30,126

422,694

a

26,691,667

.

cumulative preferred stock at par ($100),

and; opening

.

Gross

Calendar Years-—•
1948

708,183

1929.

1,500,000

employees' of the--company and its subsidiaries pursuant to the
subscription offers relating to; said shares plue such number (not in
of 79,212)
of additional shares of such common stock as may
be purcliased by the company; prior to the time, for the presentation

-

'18,519 «'•/- "51,166

69,784

the

on

$1,147,514

_

once

excess

$374,024

..

100,253

-

changed

were

status

-4: J" :

6 Mos. End.

r.—

;

the

Susquehanna & Western RR.—Earnings—
,

stocks

listed

June 30, '49

,

stockj—V.

and

This

"■

876,483

166,667

65,000

Purchase of Common Shares—'

•

.

preferred

On

The company
expects to
issue
inviations shortly
for bids to be
received
Nov.
17
on
$2,340,000 equipment trust
certificates.
The
certificates, which are to mature in l-to-15 years, will finance for
the road not more than 75% of the cost
of an equipment program.—
V. 170, p. 1806. ; ;
V
» '
*
: ■ :

:

J

■

yy;y
Ohio ' Telephone Co., Bellevue, Ohio—Pre-

Northern
The

New York

•

cf

since

1301.-/

New York New Haven & Hartford
RR.—Plans Issue—

September—

,

the company directly to residents of Ohio,: principally to
shareholders of Star Telephone Co., Ashland, Ohio.—V. 170, p.

477,164

;y••■•:-.> <•'

first

capital

and

1,436,709

I by

1,703,397

.

5V2?c

1 a,

v..

/

7} 12;003 shares already issued and outstanding.

'124.461

7,708,832

9,559,341

3,154,406

1300.

p.

$903,044

and

trading -privileges
to
a
fully
t>- 1807:;" ■ >.■ .'V'-"' "'■•"■v"''

The; directois

1,193,796

i

ningharh & Co., Cleveland,

1946

5%

first payable cn Doc. 12, 1949, to stockholders of record Nov. 17,
1949, and(the;;second payable 011 June 12, 195Q, to stockholders of rec¬
ord May 17,
1650. It was stated that of each dividend declared -,75

30,504,859

155,389

18,636,520
1,379,523

appropriations-^-'

Northern

,

•'

1947

and

the

*

98,431

■'<£\

.<'

v

,Ualance.of,. income.—.
—v. i7o, p. 1399.

Total 9 Mos.

j"

preferred

^ <The)r Pennroad Corp.—Declares $1 in Dividends—

167,026 >

152,989

debt!—

Net income.—
Skg. ;and res. funds—

Misc.

the

,

first

170,

assets

Fa.,

29,311,063

851,899

____

fir1 appropriations

1,960,000

redeemable

share
_I_—'

Pemi

Co.
•

.743,409

V

income—_____

+•;

Q,

*

Edward

v

;

Income

>,y

■

Co.—Listing—

outstanding

cents

Earnings—

591,021

7,657,041

inccmc—

oper.

$1,012,^24-

1194.

p

preferred stocks were admitted to dealings
Exchange on-Nov. "7.-• At ■ the same time the

Curb

preferred

common

(net).

income-

oper.

ry,

Total

Int.

:

: •; ,■■.

,.

170,

first"

income

19,867,012

514,227

ry.

tax accruals

:

"

$1,133,598

215,064

railway,---"
railway

31,246

92,284,373

Net

V

479,340

from

Net

$1,074,296

;stpck, both payable Dec. 1 • to holders of- record Nov/ 16.'
Previously: the company pakD20 cents per share each quarter on the

88,543,606

Ffy

$0.50

on

1.12

'1948

.

$950,375

income,—

$203,791

31,246

ferred

■

117,508,914

.$0:56

earnings

3rd Quar.
-

,

1.20

1949

•

178,601
811,tOD

preferred, '5%

York

dividend, of
1949—9 Mos.- -1948

10,410,279

$1,102,042

$0.50

2nd Quar

;

\

.172,000

$595,231

"If

-

v

,

Stuyvesgnt Peabody, Jr., President,
on
Nov.
7
stated
that
the
company's six months'statement ended Oct. 31 will show ; a smell
loss due. to the "prolonged miners' strike.
The directors-hgve_ declared a dividend for the-second
-quarter of
io cents per .share op the common stock, and the regular

688.158

.,

Ry.—Earnings—
1949—Month—1948

ferred Stock Offered-r-Lawrence. Cook
-

877,435.

211,100

161,375
769,300

•

Peabody Coal Co.—To Show Small Loss—Reduces

:

5,887,563

1,041,821

16,239,236

Other

nine

New Orleans & Northeastern RR.September—

$2,880,7€9

326,779
56,952

1,034,121

51,866

of ; the profit'made "during the first 6 months
applied'to; the reduction of debt.—V. 166, p. 1688.

;

6,440,994

8,548,492

Joint -facil.

$0.88

compare

.

.93

$3,070,339

,

17,283

.

9,981,153

1 "

$1,732,535

$0.50

—

the

1st Quar.

1949.

$759,522

$912,912

,

J; *All

91,696

follows:

as

$2,359,733
/ 21,027

;i"

;• >

Shares

1

revenues

r-\

outstanding

':

1

'

share

per

stock

73,797

$268,336

first

Period—

Net

1300.

Equip, .rents (net) (Cr)_

taxes (except income taxes in 1949 and 1948), deprecia¬
and other operating expenses.
(Deducted in 1947
operating profit.- (Loss.
/ ;
'

similar period of

$2,996,542

Dr21,196

.

unlisted,

w

$647,585

expenses!—\

<>'
$1,102,042

depletion,
from

under

help
factory with
cellophane a

1949—9 Mos.—1948

$780,718

10,999

taxes-.

redeemable

first

Total

1947

150,707

oper.

Net

250,000

$1.12

^.15

•

Olin

information,

1949—3 Mos.—1948

$901,913

loss

New

Payroll

oper.

Ry.

t

$0.21

-./>■

*

license

technical

(# Wholly-Owned Subs.)—Earnings

Sales

Divs,

third

»

■

However,
company
alleging

Payne Cutlery Corp., Newark, N. J.- -Earnings, etc.-^-

s

t

i : h

Ry,

3.70,926

$1,982,535

.".250,000

Cr99^450

for divs.

situation

a

"Under normal

an

Net" income' per

$740,5,74

7,567,563
1,889,574

•

yi.IJfirj
Income avaii.

of

Port's

capacity.

to

agrees

full

350,365

Exchange.—V.

*'

Ry.

$709,022

,

24,936
$309,056

Prov. for inc. taxes (est.)

du

dis-

be

'

232,658
•

railway-a— / 6,530,912
railway.1,287,436

$

457,252

$1,598,683

306,858)

etc.)

income

of

eight-machine
33,000,000
pounds
of

some

and debs.

income

5io

from

<

income --.1
investmentsl-l'

from

division

additional

Pont

build

Total liabilities

$855,818
>

54,888

oper.

Period End. Sept. 30—

-

268,247

Operating

of

1_

.x-.

A

the

on

.*>,

Norfolk & Western

125,326

$495,943

Proceeds from pats.,

du

Pacific Gas & Electric

series

$1,309,194

Non-recurring losses

Inc.

built

supply

and

earnings

The

par

.

1—.. )"

income
•Deficit.—V. 170, p.

r

1946

•>.-

$1,851,681

from

ry.

'

"

railway,*-- V $769,398

oper.

from

Net

Subs.)-'Earnings-—

1949

$405,675

exps.

involving
.

cellophane

"On devaluation of Canadian currency.—V.

t

;

made

railway.v 162,829-

From Jan.

-;*•,

.

from

Net

production

year

oper._

admin,

Olin,

capacity

notes"

Net

,'L' :--v

York, this class A stock will

Southern Ry.—Earnings—

September—
Gross
T

feet.

income

from

'

-for

Total

Norfolk

;;

,

Net

New

Prov.

the 5%* sei-ies A
Niagara Hudson Power .CarpoIn-the ratio of four Niagara
Mohawk class A shares in
exchange for each Niagara Hudson first
preferred share and 3 9/t0ths shares of Niagara Mohawk class A stock
in exchange for each
Niagara Hudson second preferred stock, series A

t

Xv eX; *1.'

for

has

•

With

site/ design

..•Unrealized

dealings

V','.-

for

31, the Association reports electric output

72.748.000
feet

plant

Int." oh

tributed to holders of-the 5% series-first
preferred and
and series B second- preferred stocks
of

67,160,671 kwh. This is a decrease of 234,094 kwh., or 0.35%" below
production of 67,395,365 kwh. for the corresponding month a year ago.
Gas

j
•
"
contract

cellophane / patents,

estimated

•,\!
that

I'

output

2.57

or

-

Exchange

f

/

of

■«

the

have

Depreciation'

Pursuant to Niagara Hudson Power
Corporation's second amended
plan under the Public Utility Holding Company Act of
1935, approved
l>y the SEC on Aug.-25, 1949, and on Nov. 4 by the U. S. District Court

-

reports

of this

that market.

on

>.

Association—Output-£-

r.

Oct.

<

the
its•

Total

1806.

p.

would

__

293,000

York.—V* 170,

;

ago.

POnt

before depreciation
Other income
(net)_»^_

are

serve. 890,000 .electric

of

•Period End. Sept. 30—
Gain
from
operations

company

will

'company

class A stock

.

For the

du

Oxford Paper Co;

by the SEC which endorsed the plan last
agreed to minor changes demanded by
■

terms

it

7

year,
assist in training • personnel and putting the plant into com¬
mercial operation.
Olin -pays a fixed fee for plant design and con¬
struction and for licenses and know-how.-W.
169, p. 2532. •
•
*

„

corresponding week a year ago.
.Gas output for the Nov. - 4' week is reported at
166,940,000 cubic
feet.
Tills
is
a
decrease of
sj'i-'V."Z '.I-V'-.' /
//,
10,911,000 cubio feet,
or
6.13% : below jj- '.or seriesrB. ;
production of
:
177.851,000 cubic feet for the corresponding week a VSee also Niagara Hudson Power Corp, in V. 170, p..1806.
year

all

Court at Albany Nov.' 1
plan filed by the- corpora¬
Holding Company Act.
1

,

head

it

field.".

District

dissolution

Public

requested

the

•

The NeW York Curb

Off 10.5%—

1949—10 Mos.—1948

Association

increase

an

593,040

$2,201,214

$2,439,327

Niagara Mohawk Power Corp.—Listing—

<

t

"

/,

New England Gas & Electric
For

was

after

new

gas

open

$5,270,666 $42,294,579 $42,183,401

:>./•

...

523,152

$1,510,582

Federal
and

the

commission.

The

1398.

1949—Month—1948

,<

____

in

with

on

cellophane

»

distribute

Nov.

be

pick

Foley

to

move
on

filed suit
against the
already controlled so large a percentage of the market as
guilty of monopoly.
This being the case, we did not feel war¬
ranted
in
spending the 'Stockholders'
money
in expansion
in
this

repaid.
•'* ;
■
will be named Niagara Mohawk power
Corp., and is expected to be Incorporated as oMJan. 1, 1950,
according
to an announcement
by Earle J. Machold, Niagara Hudson President.

-

.

action

The

October

when. Weirton's

T.

a

announced

to make
Investment.

minimum

Cellophane—

(Inc.),' in

Department-of-Justice

that

1

In

consolidation

standing: bank

stationary

established

Neisner Brothers, Inc.—October Sales
Sales-?.—i

the

48,546
...

.

The
plan provides that Niagara's three principal
operating sub¬
sidiaries—Buffalo Niagara -Electric
Corp., Central New York Power
Corp. and New York Power & Light Corp.—will be
merged into a single
operating "company.
The final step in the plan calls for dissolutipn
of Niagara Hudson as a
utility holding company as soon as its out-

to

.

12

the

Co.

-

was

which

during, the month.-—V.

$2,390,781
v

$2,724,366

Approved by Court—

&

production,

Industries,-Inc.t
Kurtsman,

circumstances

;

compliance

The

...»

•

James

in

August

of

V

was

March

was

tons.

$2,732,716
Z>r8,350

441,443

$l,687jl36

887. >

p.

Judge
tion

(In¬

because

170,

approved

all

an output
of 200,379 tons of ingots,, it
by Thomas E. Millsop, President of Weirton.

182,772

furnaces

*

policy

production

month

4,491,663

$1,952,025

285,366.

Nemours

rayon department, said-the deal "promises the
easing
that has bothered all concerned for several
years."
"There has been a shortage of cellophane," he said.

.Niagara Hudson Power Corp.—Plan for
Consolidation

with

2,

recoid

was

above

quarters

steel

,_r:. $2,072,502

and Dissolution

World's Record—

for

income...

de

cellophane

$20,000,000

an

$3.05

and

'

record

Co.

Nov.

on

"

hearth

in

the

*

Pont

of

Arlington

to

income...^-—

'

2,230,842

$5.01
expenses

depreciation

-for

preceding

Subsidiary Establishes New

A

5,140,000

replacements, not deductible for income

Chairman,1

Weir,

charges

tinued in

iron

8,745,000

'■

Ernest

special

Dtl, 229

Income deductions

314,285

"

separately

$2,500,000

-

purposes.

was

314,285

general

and

du

.

$4.09

*

shown

of.

property

income

$1,953,254

Net

3,574,312

2,453,900.- 2,230,817

per

increased cost

A

-

•

15,373,192

8,935,000

deducting cost of sales, selling

cludes ; special

■'•«

1947

:

•

$25,607,877 $15,831,437

5,507,111
"
314,285

income..

on

V*

a

1,018,612

4,443,346

,

income^—$10;047,905 $11,175,400 '$6,802,840

No.- of shares

"Net

taxes

3,334,216-

$2,095,881

Gross

I.

licensed-Olin

877,344

.

1948

"

operations and
in'
"
from int. and divs.-i/i./Li: $24,804,301

/

956,155'

580,682

3,352,969

•

incoine.c.^.,.^.^ I, Dr23,379

Other

,

Three Months Ended Sept. 30—, \

E.

ownership

■

860,761
:

750,049

t.jj

Operating
»

Prov.

652,538
•

•

(& Subs.)—Earnings—

•Income'- from

OHn Industries, Inc.—Licensed for

-

1949—12 Mos.—1948

.

'

come

•

In-

through

National Steel Corp.

*-

(1917)

'

l-_.

Depreciation

•'

was

CHRONICLE

$14,594,791 $12,600,604 $19,246,005 $16,880,459
7,262,985
5,673,665
9,606,625
7,511,524
490,036
406,249
646,402
590,535

Operation

r.

with

'

notification

FINANCIAL

1949—9 Mos.—1948

revenues

,

■Files

&

Niagara Falls Power Co. (&
Subs.)—Earnings—

1949—10 Mos.—1948

,

COMMERCIAL

that

all

for" redemption,

of
are

,

the

outstanding debentures,
presently convertible with¬

premium into shares of capital stock of the company on the basis

,

of

share of capital stock for each $100 principal amount of deben¬

on«

the debentures now being
business on Dec, 12, 1949.
The redemption price in effect on Dec. 12, 1949, Is 103 plus accrued
Interest to that date.
The market price of the company's capital
stock at the close of business on Nov. 4 was $117.25 and of the deben¬

So.

"There

The

3h&t6S

.

V.

earnings of Peoples Gas were $6,378,578, or $9.64 per
months ended Sept. 30, 1949, and $11.76 per share

"Consolidated
share

for

nine

the

Dec.

1949."—V.

20.

170,

Judge John
The

Permanente Metals Corp.—To Change Its .Name—
It

>

announced

was

on

change the nume of this

has

31,

share
into

Co.

1949.

of

is

stock

this

P.

Bessemer

Lake

&

L.

Erie

has

RR.

of

$1.50

RR.

Co.—

National

It

Hampshire

plan

the

was

last

advanced

one

for

and

liabilities

The

Nov.
8 that the directors have voted to
corporation to Kaiser Aluminum & Chemical

about

at

into

got

full

number

a

is

In

of

170,

hand-made

declared the usual quarterly dividend of 30
per share
payable Nov. 30 to stockholders of record Nov. 15,
This brings payments in 1949 to $1.50 per share,-as compared
56 cents in cash and one share of Kaiser-Frazer Corp. stock for
20 shares of Permanente stock owned.
Henry Kaiser,
President, advised the board that November
minum orders are headed for a
record and October shipments
also

board

in the company's history.—V. 170, p.

largest for any month

the

Portland

cents
1949.
with
each

on

common

shares of

automobiles

weie

12 Months Ended Sept.

'

.'at1]

170,

figures.—V.
'

,

Depreciation

*1948
$941,519

1947
$882,519

—

$9.12

$4.81

$4.74

General
Puerto

8ales

The

l

•-

and

reported
kwh.

or

'■/' '

'■

\

v.!'

i

'*/■ '-V-1;

V"

and

1948

96,522

41,474

V.

: 12 Months Ended Sept. 30—
Sales—Electric (thousand kwh.).—
ft.)

income—™

—

,

utility

Operating expenses

services..

Provision

income

Federal

taxes

Federal

Other

58,670,067
11,433,751

of

net

per

and

15,118,962

$103,598

2,789

3,065
$106,663

./

—t———

2,323,106

———

-

Other

taxes—

from

Income

income

utility

——

31,631

income

____

^

«,..

„

$79,610

shares

750

by

services..

4,609,035

31,149,093
644,698

Net

Bank

&

Trust

1949,
its

of

Co.,

receive

4.70%

York,

New

tenders

Preferred Shares—

income

charges
Jk

,L

.

31,793,791

earnings

for

N.

the

Y„

sale

will

until

the

to

Dividends

9,792,640

on
on

;

1949

Amount

22,001,151

1948

retained

business

in

2,993,775

Water

.

outstanding
—V.

170,

802,990
10,698,864

at

Sept,

30)—

1

f

<

.

<1

.

$1.60

the

The Fidelity-Philadelphia Trust Co.,
Philadelphia, Pa., will until 12 o'clock

•

tenders

for

exhaust

to

trustee,
noon

135

on

So.

Dec.

Broad

15,

Street,

1949,

receive

the

3% -6%

gage

sale to it as of Jan. 1, 1950, of consolidated mort¬
bonds, series A, due Jan. 1, 2039, to an amount sufficient
the sum of $150,052, at prices not to exceed their face

a mount.-

•

22,000,000

9,870,703

12,874,398

35,347,875

5,892,304

5,669,922

5,892,304

29.812,788
5,669,922

$1.60

$2.19

$5.78

$5.03

Associated

Cost

Oil

Co.

below.—V.

and

the

in

;

indicated

in

$1.40

his report to the
part:'

in

out

of

line

feel

in

the

in

stands

now

price,

and

if

the

normal

at

price

of

The

trustees

voting

Jan.

have

for

the

preferred

and

to

determined

There

income

Dec.

2,

1949,

a

'surplus'

to

''

.•.-r-;..'.>)Dec.

on

will

20

common

vote

on

•

the stockholders also

of

will be asked to

increase

the

terminate

the

stocks

common

voting

trust

of

this

agreement

2,

to

ex¬

certifi¬

stock,

a

quarterly

payable

with

25

lative preferred stock
The
of

15,000

voting power of said

Federal

Net

175,000 preferred shares

Period End. Sept. 30—
'»

,

'

"•

•*

1

Gross

■

-

"

$

income

Purchases

crude

petroleum
other

,

of

(oth.

■; taxes
eral

Prov.

than

Prov.

for

—

Federal

income

on

^0 Net

47,352,442 178,228,073 129,322,992

No.

35,227,582

91,383,481
3,500,000

11,734,780

10,274,445

33,957,637

31,379,863

3,313,334

5,443,100

12,099,734

19,221,490

32,684,666 *55,702,772

6,045,551

6,047,240

6 045,255

$3.18

$5.40

$9.21

694.

Pioneer Service &
Engineering
A' -M°r.ri;:,on>
of

'

—

loss

•

sale

on

of

property

this

7°. Manager of the Secretarial

company,

died

on

Nov.

3

after

a

and

Treasury

brief

illness.

_On Nov. 7 the directors declared a year-end extra
,•35 cents per share and a regular quarterly dividend of
on

the

common

dividend
20

cents

of
per

stock,

both payable Dec. 12
to
holders
of
total of 80 cents
paid in 1949, including
15 cents per share in each of the
three preceding quarters
A total
of 75 cents (including 15 cents extra on
Dec. 13) was disbursed in
1948.
•

„

This

makes

tors

voted

addition

a

regular

quarterly

payment

employees' retirement income plan.
amount

to

.'■■■'

Inc.—Registers

With

>Vv

20

common

shares

held

of

record Nov.

Proceeds

that

its

period

the

of

financing

additions

construction

ending

Dec.

will

and

be

used

to

1952

will

for

the

in

pay

improvements.

expenditures

31,

Chemical

Co.

Period End. Sept. 30—
sales (excl. of inter¬

to

of

sales)
sales (excl.

The

part

the

cost

—V.

for

reserve

plant

replacement

of

one-half

before

Other

above.—V.

Co.—Earnings—

Sept. 30—

1949—3 Mos.—1943

$44,500,050

1,313,453

2,959,196

4,022,132

397,806

437,586

397,806

$2.90

$3.30

$6.76

$10.11

'

170, p. 890.

He

will

-

,

..

concerned

is

to

of

one

combination

new

the

and

screen

his

largest

storm

manufacturers

approximately




The

into

the

trust

direc¬

fund'of

the

total quarterly
profit-sharine
$299,000.—V. 170
p
1703

Deprec.
State

and

7,565,528

Mr.

Linebaugh

San Antonio Uvalde & Gulf
'

160,

p.

2188.

from

Net

ry.

income

oper.

Gross from
Net

from

Net

ry.

*

1947

1946

$253,774

$178,733

*25,117

153

*64,221

*130,380

*58,212

*112,123

2,550,581

2,405,309

2,274,188

*69,354

railway.—_

2,639,441

railway

264,433

income...

oper.

Deficit.—V.

87,192

65,643

38,299

*592,333

*509,540

*474,628

r

*348,614

•

170, p. 1402.

Co.—Earnings—

Years Ended Aug. 31—
Total

operating

1949

revenues

12,831,726

Maintenance

and

repairs

$1,075,435

$4,867,538

$4,698,872

75,174

59,210

158,668

207,650

$1,134,645

345,451

329,636

profit——

Capital

Earnings

shares
per

outstdg.
share

$5,026,206
1,134,954

$4,906,522
r»

1,083,034

46,250

17,300

118,750

104,300

588,250

—V. 170, p. 1638.

1

292,250

1,559,250

1,406,500

$£49,592

$495,459

627,305

927.305

$0.92

$0.53

.

9,281,146

1,563,195

1,385,700

1,055,728

2,379,123

2,097,635

1,941,245

(other than Federal income).
Federal taxes on income

2,480,750
951,000

1,951,950
1,229,000

1,155,000

$2,939,566

$3,138,477

$3,224,281

5,431

8,225

4,576

$2,944,997

$3,146,702

$3,228,858

...

Net

operating income—

Other

income

Gross income

Total

Net

income

deductions

1,713,112

797,860

1,221,291

1,700,449

$2,147,137

income

$1,925,411

$1,528,408

surplus, beginning of period-

3,250,356

2,879,944

2,726,534

$5,397,493

——!

$4,805,355

$4,254,943

471,750
;

—

375,000

375,000

1,450,000

•

1,180,000

1,000,000.

*Discount and expenses

88,117

1349—9 Mos.—1948

$1,754,369

$1,829,543

1947

11,804,027

Depreciation and amortization
Taxes

Common dividends

(& Subs.)—Earnings

1948

$23,145,360 $21,606,789 $18,770,514

_

Operation

*In

of

BANK

needs

cumulative
CREDIT

in

needed,

of

$2,213,251.! $2,312,688
927,305'

$2.39

-327,305
$2.49

the

either

stock

or

time

in

effective,

will
for

in
the

bank
will

the

bonds,

BEING

to

become

month

of

likely
to

sells its

proposed

approval.—V.

to

170,

the
p.

available

October,
range

next

which will be
The

submitted

be

effected

that

to

syndicate

a

be

$2,879,943

of

300,000

value.

par

construction

meet

Therefore,

with

1949,

$2o

ARRANGED—Directors

can

loans.

will

$3,250,355
April,

series,

best

borrowings,

company

1950.
be

in

financing

agreement

financing

that

keting
mission

an

beginning

sale

1950

necessary
and early

$8,000,000

temproary

anticipated

and

$8,000,000

through

negotiated

credit

this

1949

$3,387,627

issuance

preferred stock, 4J/2%

OP

the

that

late

basis,

porary

a

with

connection

repaid when
Net

Mer¬

986.

1948

San Diego Gas & Electric

27,326,319
3,481,723

.

p.

$233,491

Preferred dividends

23,792,200
3,699,534

tax

170,

RR.—Earnings—

railway
$234,988
railway—u
*16,883 \

Total surplus

8,253,569
1,181,509

tax—

income

distributors

Appliance

was

Co.—V.

1949

.

from

Net

170,

and

1,230,019

depletion—

income

Federal

and

windows.

association,

September—

shares

.income

V

Linebaugh has been appointed Assistant to the President.
primarily with sales management for the com¬

be

which

pany,

being
Total

1949—9 Mos.—1948

$37,026,837

1,269,500
437,586

(F. C.) Russell Co.—New Official Elected—

$10,549,916 $10,510,513 $32,359,271 $35,506,915

income———.

$3.72

reserves

Earned surplus, Aug. 1__.

profits

193,676

V\'

outstanding

share

per

determined

Operating

225,000
$1,464,656

$6.23

'

225,000

193,676

s;

year

$55,300,000.—V.

of

deprec. and depletion)
Sell., adm. and gen. exps.

$1,689,656.

$981,254

f'

$14,518,974 $15,038,141

Harold R.

of

estimates

company

three

approximate

1949—3 Mos.—1948

—

1,035,000

$1,206,254

earnings

share

per

Earnings

Net

company

24,787

849,686

sales

Earned

Dow

122,100

20,700

-

taxes.

profit—.—_
Capital shares outstdg-

Pyrene Manufacturing Co.—Suit Settled—
See

60,0-34

200,000

Net

1807.

p.

1948 :

170, p. 402.

Net

25, 1949.

a

At the same meeting the board voted
the 16th straight quarterly
wage-and-salary dividend" of 6% of quarterly base
pay
for most
employees, and a year-end extra of another 3%.
in

payments

Indiana,

-f.

for each

•

.

From Jan. 1—

Competitive bidding will determine the dividend rate, subscription price
and underwriting terms.

Cost

■'

record Nov. 28.

of

^

of

—i_—

Ruberoid

which 160,000

May

Co.

paid

$13,306,586 $13,881,296
10,839,351 '11.009,753

expense—.

.

Pitney-Bowes, Inc.—Year-End Extra
Dividend, Etc.—
Share

•

per

record

previously

1949

——

Period End.

time.

Quaker State Oil Refining Corp.

Co.—Obituary

er*V. 170, p. 694.
>'

1947, of

series

375,000

Service

construction

^.•Includes profit from sale of investments in the amount of $978,000
'"££othe,,th,™ garter of 1943 and $2,204,000 for the third quarter of
1948.—V.

Department

initial

an

company Nov. 7 filed
a
registration statement with the SEC
142,354 shares of its cumulative preferred stock
($100 par) proposed for sale to common stockholders.
Stockholders will
be
offered
the
right to subscribe
to the new
preferred, which is convertible into common, at the rate of one pre¬

18,385,500

—*10,731,537
Avge. shrs. outstanding6,047,439
per share—
$1.77

-

to

SEC—

ferred share

§»et proiit

'

July,

of

seeking registration of

33,776,879 108,799,408
1,500,000

,

profit.

p.

in

cents
of

190,595

shares

of

Earned

—V.

Gross

The

taxes

(net)--

170,

authorized

for

Issue Sold

;stock./from*vl,250,006

250,000

Public

•

60,354,140

Fed-

for
depletion,
deprec., devel. costs &

retirements

!**

'

121,361,373 117,568,356 365,769,518 329,674,608

contingencies.

Reserves

•r,

$

last

40

97,268

•/■"V:

and

income), and int.
for

$

'

(inch

inventory fluctuations)
Oper.
and
gen.
exps.,
,/

1

that

at

SEC

V

Sept. 30—

est;

income

Prior

approved an increase in the company's
to
1,875,000
common, shares,
and
preferred shares.
The
company's
construction
program
this year
is
estimated at
$16,000,000, of which $10,800,000 was spent in the first nine months.
—V. 170, p. 985.
authorized

from

1949—9 Mos.—1948

oil,

prod,

merch.

1949—3 Mos.—1948

sold

were

stockholders

remainder

of

share
.

sold

earnings

Balance

of

(par $100) for $1,507,000.
the

the

holders

to

5

per

—

Appropriated

1086.

Colorado—Preferred

constituted

shares

dividend

Dec.

cents

170, p. 1500.

debt

subsidiary

Privately—The company, Oct. 13, sold privately to Metro¬
politan Life Insurance Co., 15,000 shares of 4^4% cumu¬

shares

Phillips Petroleum Co. (& Subs.)—Earnings—

.

Service Co. of

with

be offered at par
Greensboro, N. C.

$13,209,318 $13,815,262

goods

for

-

preferred stock from one to l'/a votes per share.
The company has 46,000 stockholders.—V. 170, p.

The

;

-

.

stock, without

par, value,
from 7,500,000 shares (of which there are outstanding
6,410,000 shares) to 15,000,000 shares, in order to effect a 1%-for-l
split-up.
:■
•
To preserve the
relative voting power of the 8%
preferred stock,

stock

declared

compares

—

and

are

reach

v:'

vV."

proposal to increase the authorized

a

Public

1950.
Holders of
voting trust certificates have been requested
change their certificates lor the common and preferred stock
cates on and after Nov. 23, 1949.—V.
170, p. 1807.

'

1401.

p.

has

reserve

transfer

~5:;

record

its peak
decline of

materials

raw

reserve."

of

notification

of

—

Interest

this balance

need

we

will

company

amounts

reached

$16,000,000.

feel

we

Split-Up—

stockholders

additional

reserve

Since then,
due to
a
of raw materials, the

However,

is

that

This

reserve.

letter

a

serially 1950-1959, to
Oscar Burnett & Co.,

chandising Buyer of the E. F. Goodrich

company

170,

Depreciation

that,

31, 1948.
in the price

we

balance

approving

Voting Trust Agreement to Be Terminated—

on

293,588

1■

Said

12,

have

common

This

sales

Other

$9,014,575

$2.05

the board,

meeting Oct.

you

Decline*

put

protection.

which

The

.

^

be

Plans Stock

.

Philadelphia Transportation Co.—Tenders—

told

March

fats

further

value

.

,

some

any

$1.70

Price

probably

$48,000,000

for

"

—

annual

we

approximately 70%
substantially reduced and

9,726,240

stock (on shares

Chairman of

been

802,990

:

1807.

p.

;i;

stock

ago

Inventory

would

still
....

common

their

of

3,922,979

a

at

years

$3.07

—

shares outstanding.

common

Deupree,

for

802,990

11,671,488

6,241,111

stock

Earnings per share of

28,750.000

Underwriter,

quarter.—V.

Total

in order to protect the company
against tremendously costly price fluctuations, we had set up a 'Reserve

2,750,105

'

802,990

—.

$1 dividend prererenee common
Common

650,818

9,400,000

share.

9 Months Ended

1947

$19,737,322 $13,221,916

-

share-.

common

6,410,000

on

jftofckholders

19,147,562

11,963,275

stock—,,——

——————

R.

VTwo

Shares outstanding at Sept. 30—
f

1,477,702

28,106,134

Rotary Electric Steel Co.—Earnings—

—_

Richard

I,'"

$1

common

16,042.610

533,099

income

directors
on

17.

each

and

(& Subs.)—Earnings Higher—

after

profit
•"Earnings per

7,347,191

.

stockholders

preferred stock—.—
div. pref. common stock

on

Dividends
Dividends

,

5,298,637

470,977

$

555,732,627 553, 871,991
81,618,187
757,194

company

—

26,494,753

'

.
_

for

1949—9 Mos.- -1948

5,061,953

outstdg

interest.

Nov.

cumulative

charges.:
$30,597,322 $21,181,916 $29,399,575
U. S. and foreign income taxes-—
10,860,000
7,960,000
10,885,000
Reserve for inventory price decline
9,500,000

25,836,708
658,045

—

-

other

and

remaining

Subs.)—Earnings—

a

Tide

The

3 Months Ended Sept. 30—

Net

(net)—

debt

on

Amount

beta

Rockwell Manufacturing Co.—Dividend Increased—

598.

p.

Chemical

"Based

-Interest

has

or

income

27,052

$129,693

—

Procter & Gamble Co.

2,057,838

—

income—-

Gross

already have

mail,

$

The company Nov. 2 filed
5% debentures due

and

Net

12,444,738
11,756,060

4,890,257

...—

taxes———

local

shares

the

196,859,351

debt

com.

Reserve

State

in

Robinson Tag & Label Co., New York—Files—

preferred stock, series B, at
a
price of $100 per share plus accrued and unpaid dividends to the
purchase date of Dec. 2, 1949.—V. 170, p. 889,

60,039,126
9,913,040

13,368,454

———*

depreciation——

for

700,000

is

more

(&

$100,000

including Nov. 28,

2,175,503
$
$
136,953,690 126,656,545

——.——

Maintenance

than

more

and

155,453,036
23,703,633

(est.)

shares

See

'

$161,325

—

_—...—.—

deductions

The

1948
7,283,015
17,145,842

•

,

from

the

170, p. 792.

24,460

$158,535

Potomac Edison Co.—To Purchase

1949
—7,444,788
17,400,350
2,204,346

E„——

pounds)

(thousand

Steam

notified

1

Richfield Oil Corp.—New Crude Oil Contract—

22,609

48,322

tax.—.—

(net)

income

-V. 170,

*

Revenues

Nov.

on

78,774

44,817

'

Net

gain

a

'

CONSOLIDATED INCOME ACCOUNT'

„

America

Oct. 1, 1949, the plants of the company have been
strike and there has been no production or shipments.
It
appears that
anticipation of the strike was responsible for increased
orders and production in the last two
months of the third quarter.—

454,614

24,123

income

Income

'

cu.

of

1949—3 Mos.—1948

depletion—

Fed.

Consol.
Earns,

share

(thousand

Bank

that

were

operations

for

Com.

$725,531

taxes

Gross

its

to date, a total of 6,300,503,000 kwh. were produced, or
of 41,434,000 kwh., or 0.7%, over the same period of 1948.

Gas

1

revenue

funded

on

taxes

,

year

t

'

the

8,300,000

oper.

from

closed

1949

--J- UV

Utility operating

subsidiaries for the week ended Nov. 5, 1949
electric output of 146,691,000 kwh.,,a decrease of 3,147,000
from the corresponding week of last year..-For the
and

company

that

Nov.

on

Deprec.

at $23.50 per

396,349

J -—-

:

income

of

$

but

$768,671
i-w

—

—

Rico

*

497.

p.

Other

*'

30—

—

Dallas.

Republic Steel Corp.

Co.—Earnings—

—

Operation
Maintenance

Philadelphia Electric Co.—Weekly Output—
■*

revenues

Subs.)—

(&

1949
$1,587,963

share

common

per

"Revised

Inc.

Bank

NOTE—Since

Porto Rico Gas & Coke

1302.

with

escrow

his

Int.

(no par)

of

Period End. Sept. 30—

share. The issue has been oversubscribed.—V. 170, p. 1807.

alu¬

taxes

Sept. 30—
Net Income after charges and
9 Months Ended

.Earnings

Co.,

Products

stock

an

reorgani¬

Co.—Secondary Offering—
Oct. 31 made a secondary offering

of 3.000

in

the effer, Mr. Myers named the Los Angeles brokerage
Barbour, Smith & Co., Fairman & Co. and Harker & Co.-to
agents in acquiring the stock.

of

Reports

Electric

Blyth & Co., Inc.,

Operating

Dairy

Philadelphia

General

Bank

understood

as

Prov.
-The

company to H. H. Myers of
the deposit of the required

with

Calif,

been deposited in the ecrow
pledged.—V. 170, p. 1302.

111.

p.

Angeles,

this
1

stock

making

firms
act

Inc.

production.—V.

in

Nov.

on

outstanding

purchaser of the deposit of the necessary two-thirds of the
outstanding
capital stock, and called upon Mr. Myers and the Dallas bank for the
funds with which to pay for the stock under
deposit.

$2,400,000.

produced

company

never

the

Los

at

interest

assured

was

28, last, Mr. Myers made an offer of $5.50 a share for the
1,049,500
shares of outstanding capital stock,
contingent upon the
deposit of two-thirds, or 699,666 shares, in escrow by Nov. 8.
The offer was backed by a guarantee of
$6,000,000 by the Republic

agreement

E.

controjing

of

On Sept.

Knight at Buffalo.

New

the

America

close

the

share

one

into

and

of

such

&

B.

for

of

two-thirds

with
as

of

terms

of

exchangeable
of

1949.

effective

the

stock

3.

company

become

Under

common

and

Nov.

on

Dallas, Texas,

zation
of
the
company.
The
only alternative
now
is
bankruptcy.
Judge Knight fixed Nov. 28 for what is expected to be the final
hearing.
An attorney for the trustees told the court that the com¬
pany's current physical assets had been appraised at less than $50,000

1602.

p.

Monday, November 14, ,1949
-Republic Petroleum Co.—Control Sold-

unlisted

from

A group of New Hampshire dealers reported Nov. 7 that
they had
"nothing tangible to propose" for reorganization of the corporation.
George W, Carruthers of Contoocook, N. H., spokesman for the
group, said the Reconstruction Finance Corp. had rejected the group's
application for a $3,500,000 loan.
He appeared before U. S. District

1949.
If 711,786 shares of
stock (instead of 661,786) had been outstanding on Sept. 30, 1949, the
Adjusted earnings per share for the 12-month period ended on that
day would have been $11.04 per share instead of $11.76 as reported.
"Since July, 1948, the company has declared dividends on the capital
.stock at the annual rate of $6 per share.
A quarterly dividend of
SI.50 per share is payable Jan.
13, 1950, to stockholders of record
12-month period ended on Sept. 30,

for the

merging

RR.

preferred
2803.

p.

Exchange

merger

Oct.

on

each

converted

165,

of

Curb

removed

was

Playboy Motor Car Corp.—Dealer Group Fails to Put
Through Reorganization Plan—

»

.

business

cumulative

presently outstanding 661,786 shares of the company s
If all the debentures now being called should be concapital stock there would then be outstanding 711,786

York

$50,

value

par

Lake »Erle

merger,

been

New

agreement

of

privilege may be exercised at the company s office,
Chicago, 111., or at the Guaranty Trust Co.

are

into

the

Bessemer

^capital stock.
Verted

CHRONICLE

Sale

stock,

common

trading on

Michigan Ave.,
York.—Ed J

New

The

of

conversion

[The

FINANCIAL

Listing—Merged.

tures was $117.
122

&

Pittsburgh, Bessemer & Lake Erie RR.-^Removed from

-

tures, and that the conversion privilege on
tailed for redemption expires at the close of

Of

COMMERCIAL

THE

(1918)

10

to

of
be

1949.

from

issue

offered
loan

end

banks

have

budget
a

tem¬

there

is

whereby

drawn

upon

as

Interest

rates

on

2%

represented

on

to

2Va%'.'

It

is

by

notes, will be
of permanent securities,

at

some

propitious

mar¬

agreement, before becoming
California
Public Utilities Com¬

793.

Volume 170

Number 4855

THE

Seaboard Air Line RR.—September. Earnings—Vi;..:

"♦

Period End. Sept. 30—

Railway
Wet

oper.

oper/ine._

railway

Total

1949—Month—-1948

H

income

•Net

income

L

income

surplus

if

missible

882,103

.

1,063,010

capital

54fr, 287

••

sinking

transfd."

be

to

fund

fund

•

shares of

income

to

transfd.

be

Sales

t

—V.

170,

to

4,326,874

„

-Period End. Oct. 31—

Consol.

earned

—V.

1537.

5493,310

,

1402. V

>

'

State

from

from,

Net

ry.

1949

Net

after charges
Income taxes

Federal

Number

shares

of

Earnings

:

outstanding..

.

••

Inventories
to

of

struction

and

provide

capacity

well

at

275,000

Indiana,

feet of

square

In

and

new

Mr.

improvement

and

Seeger

mills remain

under

$1,939,931

392,349'

1

con-

557,221

.'

16,085,321

4,426.553

4,590,509

3,50§,243

declared.

"Prospects

for

2,052,028

1,719,392/

1,033,908

$4,257,746
1,293,899

of

.

$1,668,671

$3,019,263

.

$1.94

$3.40

$5.22

BALANCE

SHEET,

SEPT.

30

deprec.)

!'/

Federal

Sundry
Funded

debt

Capital

Shares, Inc.—Registration—

1

other'

-

acci

Mrs.

225,000

directors

after

the

stock

in

is

It

.

been

the

of

exchange

expected

fixed

holders

be

to

Henry

W.

terms
as

also

W.

a

the

A

3,123,081
1,656,439

"3,325,000

3,550,000

13,465,060

—___.

•13,465,060
27,632,849

shares)

The

of

be

redeemed

additional

of

group

$75

at

share

per

shares

of

The

directors

share

per

the

makes

of

Pharmaceutical

Production

Lauer,

Corp.

of America

,v,.V

(&

same

Oct. 29, '49

and

Oct. 29, '49 Oct. 30, '48
$2,519,203 $27,739,740 $27,246,405

the

as

in

October,

declared

8

total

$2

of

per

dividend

directors

15

to

dividend
been
In

have

declared

stockholders

disbursements

paid

1948

Sept.

on

total of

a

of

dividend

a

record

for

1949

Nov.

to

share

per

of

17,

$2.60

15 and 60 cents
$3.70

::
>

share

for

the

EARNINGS

of

40

1949,

year

cents

which

'

March

on

paid.—V.

15

170,

and

June

Net

earnings
Earnings per

ENDED

MONTHS

SEPT.

1948

•

170,

(estimated)

Operation

v

119,925

17,361

2,799

3,467

Maintenance

Depreciation
General

:■

"

220.888

290,000,000

203,000,000

$6.46

$10.25

39.907

/;>
-

■

70,000

70,000

150,321

share

$5,747,344

Operating

Other

Gross
Total

Income-

income

income

Net

$24,874

for

$25,255

deducts.—

$240,471

396,554

311,444

529,256

409,903

431.250

412,500

568,750

525,000

246,600

177,000

295,100

193,700

618,030

525,803

816,334

taxes-

Operating income

$530,192

$386,969

2,824

"

$655,059

7,111

7,941

Other income

$241,236
196,419

$8,940

income

$180,312

$8,553

$44,816

•$15,677

-V.

■M

j

$389,794

42,475

56,246

$663,000

$494,829

23,479

$333,548 '

'/

$599,670

$503,991

ry.

1948

1947

Definitive
June

1,

1968,
bonds

porary

43

first

mortgage

are

at

available

now

The

pipeline

Chase

for

National

sinking
delivery
Eank

of

fund
in

3%■

bonds

exchange

the

City

of

due

for

New

•Gross

from

Net

ry.

tem¬

$263,599

&

3,757

76,964

<'33,774

•5,308

*61,549

13,456

-

2,126,321
5,300

'

2,728,801

170, p. 1338.

2,430,762

132,393

ir;

2,607,819

113,181

>

213,594

*415,255

>

*393,041

c428/377

*

income—

'

Southern Pacific

and

certificates,

series

CC,

Banking

&

Trusts,

dividends

in

connection

V.

170.1 p.

to

be

issued

trustee,

as

with

the

1704.

by

the

sold

and

Pennsylvania

at

procurement

of

Co.

sales

—V.

99.131 '

and

certain

Beptember-

1949

1948

1947

Net

ry.

railway

158,165,936

railway—

31,593,842

45,183,314

35,688,726

30,107,610

14,825,936

21,553,003

14,998,873

^

income..,-

182,968,579 162,896,895

58,632,803

"

Estimated Gross Earnings—
—11

Period—
Gross

1

earnings
p. 1808.

170,

shares of

shall

the

extent

The

the

of

one

subscription
determined

be

to

are

have

cumulative. pre¬

new

1844.

three

Vice-Presidents

yearly
The

meeting
three

will

19

Jan.

to

Vice-Presidents

and

George J. Stewart, Members
George H. Swift, one of £he $wo

are

founder;

and

that

the

M.

B.

A.

F.

Brainard.

Hunt,

247;^ 'J*

Gas Transmission

President

who

retired

./

.

the

year

.

V*

*

'

of

tyst

Co.—Secondary Offering

was

oversubscribed.—V. 170, p. 1438.

Subs.)—Earnings—Dividends—

In

per

to

75

9,

1949.

share,
169,

as

1948.—V.

p.

•

per

This

against

brings

$3

of

share,
in

>

.

which
•

quarterly

a

stockholders

cents

of

Nov.

1947

<j»- 'k

record

payable

cash

dividend

No\*.

Dec.

'9:,

15

dividends

total

and

$6.97

2,/a'/»

in

of

$1

per

and

1949,

an

stockholders

to

paid

to

restored

was

,

78,396,388

$8.44

v

'

reserve

'

declared

28

'

' *' V

{£ "

94,513,729*113,617,147

special inventory

Oct.

1948
*'

-•*

U

•$•'<

_

$6.85

1948.

on

payable Jan. 3
dividend

record

1949
v

taxes_

this year

stock

to

disbursed

2534.

Texas Gas Transmission Corp.—Secondary

Offering—

A

secondary offering of 5,000 shares of common stock
(par $5) was made Oct. 28 by Blyth & Co., Inc., at $15.75
per share.
The issue has been oversubscribed.—V. 170,
p. 794.
v.
\\
,,
;
,

..

additional

shares

common

1948

1947

1946£

$241,731

$213,076

$215,333

90,853

19,666

72,565

ry.

30.609

*34,620

18,131

90,634
57,709

2,321,970

2,396,303

2,186,921

1,861,406

849,349

874,840

938,673

536,339

368,999

276,859

452,832

223,748

railway
railway

oper.

income

From Jan. 1—

from

from

Net

,/;

1949

$232,205

from

from

ry.

railway
railway

oper.

income—

170, p.

1438.

under

Exchange Act'of 1934, which are to be issued in ex¬
the
common
and
preferred
shares
of
John
Puhl

"

Of

the

common

and

Co,

shares,

will

34,500

1,500 shares

for

deliverable

be

the

all

500

exchange

In

preferred shares.-

$6,715,663
-

'




1948

,

Jan. 1 to Oct. 31
1949

1948

$8,916,860 $235,469,354 $272,792,659

■

U.

Dividend—

Declares Extra
The

directors

share
the

and

Nov.

Nov.

on

the

common

1,

18.

t

'

'

J

from

stock,

dividend

quarterly

both

payable

dividend

extra

an

last year.—V.

distribution

Dec.

170,

p.

like

of

to

was

per

share
record

Net

from

Dec.

Net

ry.

of

made

on

■

*

'

'

:

■

:"r'.

'

On

shares

Nov.
of

Kenneth

4

a

letter

common

Baxter)

of

notification

stock,

to

Philadelphia,

170/p.

247;

be

sold

was

at

through

filed

with

market

H.

M,

the

1946

$8,139,087

2,454,934

1,732,956

1.230,339

908,597

1,567,831
1,437,707

87,895,246

95,304,194

83,384,372

22,771,372

25,914,516

25,880,984

76,157,635
14,825,986

9,290,591

income™

Gross

from

railway

railway,

oper.

170, p.

Income

10,760,683

10,619,058

10,377,462

1339.

.

for 3,600
by C.

$3V2)

ifc Co.,

1947

$9,363,317

3,033,585

Texas & Pacific Ry.—Trustee
SEC

(about

Byllesby

1948

3,610,760

$10,594,223 $10,752,555

railway

From. Jan. 1—

—V.

i

RR.—Earnings-^1949

railway,;

oper.

cents

1338.

*

ry.

25

of

50 cents
holders

of

1

amount

from

Net

,

declared

3

regular

extra

An

delphia.—V.
.

September—
Gross

Sterling Motor Truck Co., Inc.—Filing—

\

Days End. Oct. 31
1949

Texas & New Orleans

all

•"»

—V,

share,

Gross

.

'

-

the

to

.

held.

stock

retire.

Smith

retire

the

$6,000,000

later

Net

12,857,404

oper.

will

of

directors

Net

on

from

for

Puhl

per

From Jan. 1—

from

stock

34,000

1949,

to

170, p.

9

at

will

«•

a

Net

1949—8 Mos.—1948

.

1946

railway—_ $17,273,844 $20,272,246 $17,701,519 $17,945,152
from railway—
4,088,303
4,762.598
3,624.439
4,048,716
ry. oper. income—
2,089,800
2,333,054
1,493,037
1,874,974

Gross

:

has registered 36,000

company

Products

from

Net

1538.

Securities

change
for

Net

C.

Insurance, Co.,

'Deficit.—V.
The

by

supplied

payable

,

Southern Ry.—Earnings—

Ntft

Paul

who

sons

Nov.

on

who

/_/, '1

•

'After

$8,799,553 $11,250,025

$973,147

-

Sterling Drug, Inc.—Acquisition, Etc.—

.

value,

par

preferred

new

directorships

Co., Inc. The issue

Net

equipment.—

accrued

for

common

the

announced

for

board

Gross

for

the

Gross

170, p.

1949—Month—1948

-

$1,388,067

—

—

be

be

Texas Mexican Ry.—Earnings—

Stores, Inc.—Oct. Sales Increase—

Period End. Oct. 31—

Net

21,

days,

16

$100

of

shares
of

of

Nov.

of

September—

Co.—Equipment Trust Certificates—

ICC on Nov. 2 authorized the company to assume obligation
liability in respect of not exceeding $15,780,000 equipment-trust

will

consider creating
$100 par value.
-

of * record

period

a

directors

Brandt,

Life

earnings

/

York,

Sterchi Bros.

'

to

are

sale

*293,415

V

"

Exchange Place, New York, N. Y.—V. 170, p. 1704.

Te

,

railway——

railway—,

oper.

57,283
his

of

:

-

terms

the

of

Nine Months Ended Sept. 30—

,$321,538

49,759

income—

•Deficit.—V.

•

.

from

Net

all

1946

$29 7,891

12,927

From Jan. 1—

Ready—

sell

to

secondary offering of 3,500 shares of common stock
(par $5) was made Oct. 28 at $25% per share by Blyth

$3.75

1949

railway—;
railway

oper.

of
holdings of

—A

In

$223,934

from

Net

Southern Natural Gas Co.—Definitive Bonds

F.

the

extra

September—
from

>*

'

62,297

holdings

her

proposes

will

18

stock

for

10

Tennessee

$532,471

63,330

.

Staten Island Rapid Transit Ry.—Earnings—

Net

his

of

all of

•

a| Vice-Presiderit.-Mr.-! 170, p;

of

195,990

/

y

Nov.

on

terms

three

J.

3,755

599.

p.

'

; •Deficit.—V. 169, p. 1998.

$537 304

deductions

income

170,

out

sale of

Director,

proceeds

profit after charges and
Earnings per share.^

Gross

Income—

each

the

company

succeed

$528,716

754

$24,874

16,314

shares

the

Net
Gross

'

685,406

2,882,844

deprec. of

Total income

V

'

underwriting

the

(convertible)

Texas Co. (&

$179,558

765

;

•

and

common

be .nominated

The

16,320

-——■

the

of

Swift & Co.—To Nominate Three New Directors—
*

8,900

$25,255

income

and

President,

Chairman

"

shortly before the offering is made.—V.

$5,217,209
2,874,483

2,103,755

taxes

Net

J

41,797

another

r

of

subscribe,

and

Aetna

r..c

:•

2,123,462

plant
income

of

remaining

'V
'V;V

1949—12 Mos.—1948

$4,346,089 ': $3,917,472

____

—-u

for

utility

1949—9 Mos.—1948

electric

Maintenance
Provision

Corp.H-Earnings—

134,147

.

sell

proposes

price

None

stock

price

are

ll

to

ferred

of

expenses

47,833

-

par).

stockholders

$7.43

—

241,293

5,833

11.858

8,900

:

income taxes—_

$672,831

:

elected

company.

The
•>

1537.

p.

revs.,

Federal

10.816

5,833

taxes

Federal

$730,488

($1

cumulative preferred stock,

right

30

195,000,000

share

Operating

1949—12 Mos .—1948

,

•$62,352

to

Jopp,

shares.

Holders

.

$74,571

Vice-President

been
named

by eight individuals, and is to be offered for
McDowell & Co. and Baker, Simonds & Co.,
Daniel-A. Greene; ■ Vice-President, Treasurer and

new

fa

'

1949—Month—1948

revenues-

has
been

Sutherland Paper Co.—Plans Preferred
Issue—Rights

Consolidated Water Co., Inc.—Earnings—

Period End. Aug. 31—

Operating

Executive

ha3

A.

these,

offering

issuing

1947

■♦bUi

15.

1808.

p.

NINE

$

Period End. Sept. 30—

share, payable
brings total
40 cents having

Of

proposes

7,980

1338.

p.

stock

owned

George

amendment.

the

Is

is

Percy: W.

The

*.,

This

share,

per

each

was

per

been

who

2215.

p.

common

stock

Detroit.

to

dividend

k

Operating

$1

1949.

FOR

//////;..:,;/1949

,

(

Other

South Bay

.

extra

an

on Oct. 28 declared a cash dividend of $2.50
per share
capital stock, payable Dec. 12 to holders of record Nov. 9. The
previous payment made on June 10, last, was, $1.50 per share in cash
and 2%
in stock/ On both June 10 and Dec. 9, 1948, distributions of
$1 per share in cash and 2'/2% in stock were made.
•/■'■/

Simonds Saw & Steel Cd.—$1 Distribution—
The

has

Committee,

holdings of 41,782 shares of the stock, while Clara M. Jones of Pitts¬
burgh,: Pa., proposes to-sell all of her holdings of 23,408 shares. The
number of shares to be sold by the other four
ranges from 3,000 shares

:/•:

paid in 1948.—V. 170,

Staten Island Edison

Dec.

166,

through

shares.

-

the

1949,

...

who

Executive

shares, and his wife

The directors

—V.

The
company had 336 retail units in operation
compared with 334 a year earlier.—V. 170, p. 1537.

Murphy,

the

The

Subs.)—

—10 Months Ended-r-

Oct. 30. '48

$2,533,370

M.

of

Director,

Standard Oil CQ, (New Jersey)—Larger Cash Dividqnd
on

■

Relations,

Wholly-Owned

Month Ended

Sales

$53,009,439

usual

total

a

CONSOLIDATED

Shoe
.

$55,195,059

_

quarterly dividend of like amount on the
stock, both payable Dec. 5 to holders of record Nov. 23, 1949.

common

This

Nov.

on

and

•

non-

r:;'-v

Director

W.

n

Declares 40-Cent Extra Dividend—

through
the

Jr., Director of Industrial
Vice-Presidents.—V. 170, p, 1537.

elected

—

//■'•" ■/"

offering

stock.

exchange which have not yet
present preference stock¬
unexchanged shares up .to an

any

Elsie

outstanding

Aug.- 30,

1949, the company announced that a contract
had been let for a soybean
solvent extraction plant to replace its
present expeller capacity. The new plant is scheduled for completion in
July, 1950.
.;;k- ■ •
//'/•,; /
: //•:■'">'
:/
'

may

of $42,725), $473,977; Inventories
$1,453,811;" deposits with mutual

market),

or

corporation, manufacturer of seat spring and back spring as¬
semblies for trucks, passenger cars and
buses, Nov. 7 filed a. registration
statement with the 8EC seeking registration of
183,339 shares of Its

.5,051,033
•1,494,811

30,833,128

i

—

NOTE—On

preferred

preference

cost

The

encourage

that

will

proposed

nonconvertible

new

series

issue.

Gadsden,
and

of

to

underwriting

preferred

Engineering,
have been

the

and

the

approved

of

year

outstanding

determined

an

convertible

tentatively

the

such

exchange

to

sale

be

4
new

for

that

will

to

amount

the

first

Nov.

on

of

tion Statement Filed With SEC—

>

170,

certificate
which

Stubnitz Green Spring Corp., Adrian, Mich.—Registra¬

v

1,590,686

income:

on

SEC

: Sharp &
Dohme, Inc.—Plans Redemption of Series A
Preference Stock Through Issuance of Non-Convertible
Preferred Stock—Two New Vice-Presidents—
/.■/.;.
The

lower

Chairman

940,789

./2,567,351

uals__^___/_/2_J.—.

(846,506
surplus

Earned

•/.. /i;/

$1,697

accounts

Changes in Personnel—

319,046 '

'

225,000

Total

1639.

p.

uncollectible and for discounts

for

$25,259; provision for other Federal, State and city taxes,
reserve
for contingencies,
$555,000; capital stock, no
par
(outstanding, 242,400 shares); $1,616,000; capital surplus, $577,860; earned surplus, $1,007,783; total, $4,223,466.

■;,/

„

i

taxes

stock

Nov. 7, filed a registration statement with the
registration of 200,000 shares of Its capital "stock;—V.

(including

allowance

value

21,521,236

1,091,925

payable
fund
payment

Accrued

company

hand

on

(after

$92,049;

8,024,672
-

28,234,065

——

LIABILITIES—

Sinking

31 were $19,187,634 and

Selected American
The

and

trade

interest),

1948

9,261,725

•

for

banks

payable
and
accrued liabilities,
$134,495;
advance payments, $93,820; dividend payable
Aug. 9, 1949,
provision for Federal Income taxes, current year (less $274,741 U. S. Treasury savings notes, series C and D, at cost
plus accrued

$10,999,054 $16,671,230
5,262,863
5,532,466

i

reserve

in

representing entire assets of inactive subsidiary), $711,382;

LIABILITIES—Accounts

sale

seeking

$1.52

SHEET, JUNE 30, 1949

$55,195,059 $53,009,439

Accounts

/

$1.89

150,000

surplus_i_i_____

customers'

/>

.

1949

-

345,427

$7,561,164.
At the end of the preceding year,
and liabilities $9,709,068.—V. 170, p. 793, J;

were

$20,787,847

to

—

receivable,

Board.—V,

/v

/

$368,001

:

$121,200;

Total

situations

$513,001

$457,276

contingencies^—

succeeding Sylvan I. Stroock,

are

strike

for

Insurance

shares.

—

charges

23,725
334,000

companies, $48,310; advance to employee against group life
policy assigned to the company, $3,000; land, buildings,
machinery, equipment, etc. (after allowance for depreciation of $1,*
216,292), $1,521,114; prepaid insurance, $11,872; total, $4,223,466.

$4,561,072

$1.15

,

receivable

Deferred

300,000

insurance

781,084

2,765,000

$1,023,433

(less

34,845
34,200

.

19,710

tax—

share

per

the

(at

.

995,687

1,778,000

assets
assets

income

transferred

deposit

prove

$9,832,967 $12,179,719
4,040,017
4,072,563

272,176

—

Permanent

how long the steel "

closed.

liabilities

were

months

coal
on

Federal

reserved

j

accounts

1,023,000

CONSOLIDATED

Inventories

28,950

Income

Earnings

754,405 -

628,000

: "

$944,771

34,257

,

.

31,359

$457,276

for

Balance

1949—9 Mos.—1948

1,426,545

common

Cash

$86-2,912

$840,193

—

BALANCE

1949—3 Mos.—1948

.

share,

846,506

re¬

coming

the

showing

Net

;

1,941,717

(est.)—

com.

on

425,614

,

$787,711
52,482

t

1438.

p.

1—

per

Accounts

458,839^

•

.13,959,937

394,640

profit

tBased

Other

warehousing
The building,

is

Provision

$1,288,526

638,828

19,119,727

$3,472,618

tax

-

building

new

needed

already

program

Total current assets of the company at Aug.
assets

well

This

1950.

However, he added, the steel and
become serious to the company, depending

current

is

additional

as

expansion

sults,"

Evansville,

at

gratifying."
may

170,

ASSETS—-

improvement program showed marked prog- '
months," he continued.
"A new building ad-'
is expected early

1946'

,

manufacturing space."
approximately $1,500,000, will house 55,000 household refrig¬
one time, he added.

at

Net

and

completion

some>

as

"Our

$1,958,327

315,869

348,546-*r-*81,316'^122,468

—

inc.

tEarns.
-

at the close of the preceding year were
at Aug. 31, 1949, putting the company in a
it entered the new year, Mr. Seeger said.

ress during the past 12
Joining our present plant

erators

$2,469,010,

;

Amount

earnings

Federal

;

for pens, and retire benefit plan payments
Provision for group Insurance plan payments^-

18,315,876

Depreciation

$3.25

$10,579,931
as

modernization

valued

1

1947

68,676'

$t,246v550

sales—

on

$1,427,092
69,890

70,595

.

——

income

/

79.918

taxes_-i_i.^i:_i__i.'i

Prov.

Staley Mfg. Co. (& Subs.)—Earnings—

$3,847,444

healthy position

will

'

income

oper.

Expenses

V

•

..

"Our

ry.

■

j

1949;.

profit

income

'

Discount

v

■'? '

a

tlistory.

Operating
Other

-

profit von sales_____
>
_____:
general, administrative-expenses, ctc.r.

Selling!

1949—10 Mos.—1948

/<

■■,

■

l

_

Property and social security

;;'

-•

ri »•>•'*•

sales—$1,397,063

Depreciation

with•> con- /

s

profit- OU-

ASSETS—Cash

1,100,060

..

$3.79

$2,560,130
•

_

(A. E.)

drop in the refrigeration appliance industry generally, this'
company in the year ended Aug. 31, 1949, showed an increase of more
than 11% in sales over the preceding
year, Walter G. Seeger, President,
sgid.
Both sales and earnings
were
the highest in the company's

reduced

connection

1948

-•-641,422

Income

Period End. Sept. 30—

$3,576,362

1,100,000

>

railway.

'Deficit.—V.

1948

$4,178,428

——

share-,;——

per

Despite

in

Ry.—Earnings—

1949

V \
railwayrailway,

from

$69,155,199 $62,154,289
6,953,428
6,356,362
2,775,000
2,780,000

—

:

railway

oper.

Net

:

& Seattle

from

Gross

profits

(recently publicly offered)j

From Jan/1—

-

Gross

"•

___

and

EndedJtiiiiB'W'-iV'iN
Gross

10,000

$13,290,904 $13,577,157 $99,761,199 $104,389,033

September—^

Net

Seeger Refrigerator Co.—Sales & Earnings Higher—

Wet earnings

and.

1438.

p.

Spokane Portland

t

''

-h..."

1949—9 Mos.—1948

Years Ended August 31—
sales

•

1949-^Month—1948

-

sales

net

170,

Net

Wet

stock

incurred

(S.) Stroock &• Go., Inc.—Annual Report—4.

;

!

the ainount-

the -bonds

Total

3,429,228

;// ,/

...

loans

of

'

170, p.

__iJ_ $202,931,230 $221,967,544 $1,639,128,402 $1,754,648,056
p.

$5.50 cumulative preferred

Co.—Financing--

bomf> issue-: in

a

sale

(1919):: 11

Gross

.

Co.—October Sales Decrease—

&

the

^•iSpieeeli Inc.-October Sales Slightly Off—

1949—Month—1948

'

front

CHRONICLE

"

8,069,514

Gross

Scars, Roebuck

place-privately

proceeds

being used to reduce
struction.—V. 170, p. 1537.

per¬

After- fixed charges and other deductions.—V.

Period End. Oct. 31

FINANCIAL

Associated- Telephone

plans tp

The

are

made against

are

surplus if sinking fund and minimum capital
fund chgs. are made against income:..:
'

'

2,185,036

of

*

$1,600,000.

&

earned

maximum

and

chgs.

to

5,686,956

income-

Balance

of

; 8,701,651,. 11,136,116

760,436

Southwestern
The compppy

n

»

other

and

deductions

Balance^- o£

808,263

-

;

;
:1949-r9 Mos.r—1948
$9,966,656 $92,602,966 $99,854,481
1,003,558
*8,018,086' 10,480,358

$8,896,526

revenues.

-

COMMERCIAL

Philai.-

The

Bankers

trustee,
ment

V,

Trust

Co.,

paying

agent

and- registrar

trust

certificates,

New

series

G,

Appointed—

York,

N.

for

due

Y„

has

$2,500,000

serially

Nov.

1,-

" *f"1

'

been
of

appointed

1%%

equip¬

195Q-1959i—

170, p. 1844.
■

•

1

«t*.

,T.V

.

12

(1920)

THE

COMMERCIAL

FINANCIAL

&

CHRONICLE

Monday, November 14, 1949

The

to

time

to

Power

The

&

loans

000,000

to

purpose

from

Texas

it

to

Texas
The

Power.

Power.

Texas

in

funds

the

'

•

Texas

will

of

funds

the

to

Cost

1

-v."..-<

bank

Such

»

■

together

30,

with

1050.—V.

treasury

170,

funds,

which

1704.

p.

sale

.

expected

is

from

j,

\

-

.

Miscellaneous

other
on

taxes

subsidiaries

deductions

income

(est,i——_

dividend

extra

declared

was

19.

Last

Dec.

year

'

Cash

surplus

dividends
»,>•.

.

Earned

736,000

6,099,984
—

4,879,059

-.

•

*

surplus

at

--jf,'

•.:

.■

Sept,

457,788

Tide Water Associated
Oil

170,

made on this issue

to

$1.25 per share,

ASSETS

Nov.
;

on

'if

SHEET

Property,

(net)-

and

plant

other

for

and

Jan.

together
will

F,

of

Humphrey,

President,

with

contract

a

with

meet

Tide-

the

Pacific

its

five

and

prices

production

own

dated

Corp.,
period of

market

Water's

announced

10

Oil

firm

a.

Nov.

on

Richfield

the

Nov.

and

(n*et)__—3,767,857

2,766,654

24

hours'

notice.

approximately

the

past

barrels
The
Cuyama Valley crude
contracted to purchase from
than

that

Mrs.
V.

12,800

obtainable

Doheny

170,

end

oil

purchases

Tide

yield

taxes &
taxes

Deferred

$485,061

has

Co-.,"

Mr.

lrom

1949

1948

$432,678
173,749

railway——

from

railway,.——
Net ry. oper. income

—V.

$403,526

1947
•

The

1946

.

SEC

93

.

80,898

Net from railway,...!.
Net ry. oper. income—_:

1,203,103

1,039,817

'191,750

'374,998

members

506,938

463,158

'365,271

'489,276

170,

employees

510,542

-

—:

$4

320,363

-See

Edmund

1,220,768 >

Twin City Rapid Transit Co. — President and Seven
Directors Yield Control—New Head Elected—
year-old

struggle for control of this company ended on Nov. 8
resignation of D. J. Strouse, President,
and seven of the
nine directors, and the election of Charles Green of New
York City as the new President.
/
;

in advance of

associates

scheduled

a

du
of

Pont,

the
169,

j

Period End.

and

-James

A.

A.

Total

decided to yield control of the com-,
meeting of stockholders on Dec. 19.

of

'Seven

of
Chicago.
Remaining as directors ate
Lansing, Mich., and B. A. Eblen of Detroit.
Mr.
Strouse, Sibald
MacDonald, Secretary-Treasurer,
*

appointed

General

Secretary;

Arnold

Alfred

In

-

Sobol,

and

last
his

Counsel;
J.

and

yielding

place

registration

a

200,000

United

statement

Income

*

the

with

Fund

Shares.

Mr,

senior

New

had

outstanding

partner

York

The

gained

$4

of

Stock

Francis

I.

Exchange,

OF

du

has

Pont

been

no

&

the

to

ALONE

1949—9 Mos.—1948

than

that

majority

a

Mr.

&

Co.,

for

agent

New

of

the

Net

oper.

a

150,000

170,

$3,026,459

586,406

529,794

expenses.'

11,857,396

N.

shares

Y.,

of

taxes

2,206,735
2,174,461

—

gas

1

to

•

1

$

•

'

Net

'

626,436

.

.

;
*

and

Net

other

income

chgs...

from

sources

:

6,787,952

...

:

1,238

'
'

-

.

Net

•

'
t

Amort,

corporation

estimated
above

I

volume

$2,522,638

•

1948

October

Federal

1

AND

revenues..

was

down

$2,240,886

$2,621,458 V

The

air

11%

mail

from

SUBSIDIARY

10.168,568

of

The

16,429,487

$1,598,306

470,904

4,358,905

3,781,534

525,677

•

$3,161,129

305,747 "

$1,818,236

'

i!

33,418,109

•

53.646,410

4,629,399

G.

I.

than

170,

p.

of

,

•

'

The

Nov,

8,

48304,908

iiot

been

apprised

Commission,
-decision

for

above

a

that

reporting

passenger
miles
below September,

Year Agoof

the

year

a

that

in

it

ago,

flew

ton-mile

total ' of

1

of

the

that

the

VnRed file

a

stock

month—3%->

and

2%

approximately

in

and

than

it

looks

uranium

type

of

promising."

very

content

but

said

.

it

1641.'

221,430

-

Divs,,

/J

'

•*.

capital

"

v;

•

,

$2,107,005

.y>

>

1,510,939

1.960,146

$3,003,128

$2,896,330

$3,858,278

$4,067,151

643,338

was

prejudiced

should

by

have

as

been

the majority

above-

872,400*




a

plan

of

•

691,508

on

'*'893,661'

a

that
the

Louis

$2,359,790

$2,204,822

'The

cipal
-

$2,964,617

$3,132,356

$1.41- </

i

$1.89

The

a'nd

he

had

to

the

directors

also

the

board

of JWililam
his

as

authorized

Nov.

on

L.

the

./

9

Keady

the

as

a

stated

3,924,971

$610,204 $10,709,694

$7,962,128

5,324

4,698

20,995

71,614

224,341

198,350

3,086,779

2,380,732

$709,956

$407,156

$7,601,920

$5,509,782

requirements—.
1,447,355
**'"'*•-Ji ;,.vv /
■■
common
stock—_i„_—$6,154,565
of

stock

common
'

of

$3.50

1949

1948

last

year.

*1,193,407

/

913,052

765,610

392,579

23,972,967

27,936,759

27,138,.r358

019.400

7,641,448

10.159,246

11,063,628

644,174

5,087,487

6,649,840

6,841,019

732,243

income—

to

mature

$231,000 rach March 1, 1950
unconditionally guaranteed as to payment
by endorsement by Wabash R. R.

are

are'.the

agreement
of

dated

approximately
which

in

third

and

of

as

$9,555,000

certificates

of

mature

inverse

the

sale.

on

order

awarded

final

March

to

On

at

Hall

moving
when

to

Mr.

Several

iClarence
President
Shaver

the

was

L.

Mr

position

Keady
other

If.

Sewell

Keady

of

,

President

as

Chairman

named

executive

Avejy.

President

of

the

in -1942.

of

&

on

bid

a

Lehman

of

March

as

Treasurer.

Secretary,

A.

was

H.

the

were

approved

Irwin,

appointed

Assistant

elected

Secretary.—V.

formerly
Secretary and

170,

p,

directors.

made

Assistant
N.

A.

—V.

a

on

and

1%%

Four

On

shares
by
&

Nov.
($5

Charles

4

letter

a

par)
E.

of

Vice-

Mr.:

to

Lang

was

144G.

common

Providence, R. I.—Filing

notification

stock,

to

was

be

filed

sold

at

with

the

market

Mason, Jr., Chestnut Hill, Mass., through

Co., Providence.

SEC

of

bids

Schoellkopi.

the

were

llutton- &

Halsey.

Stuart

•

.

Y

,,,

anc!

2s.—
•

-'V.-

<

1949—10 Mos.—1948

$

$

13,338,036

13,818,422

$

$

131,563;110

133,572,824

1539.

p.

Welch Grape
Stockholders—
;

The

company
common
shares

Juice

Co.—Files

—

H.

6,500

'

:

Oct.

on

31

filed

with

SEC—Rights

:

:

letter

a

of

to
>

.

notification

for 83,749
(par $2.50).
The shares are to be offered for sub¬
scription -by stockholders of record Nov. 4 in ratio of
three new shares
for
each
11 -shares held at
$13 per share.
Rights expire Nov. 25?
The total offering price will amount
to $1,104,636 of which

balance

for

(about
G.

other

coupon.

1949—Month—1948

—

170.

(approximately

Universal Winding Co.,

subject

are

election

Wralgreen Co.—October Sales Slightly Off—

Sales

committee-

the

was

for

1954,

.

•

Y

by

issued

company,

executive
...

1960

the

written,

shares not

$9,625).

The

Walker

84,972

$820,625

74% )

offered

but

to

Navajo

taken

will

the

shares.

be

public

Corp.,

offered
at

to

Proceeds

a

single

$284,001.

principal

The

stockholder,

by other stockholders up

offering also includes

pi 536.

,

-*

equipment

Salomon. Bros & Hutzler bid 98.G08
Coi (Inc.) * bid
98.4613, all for the certificates as

! Period End. Oct. 31—
/,

<

.•

be

provides

by

March

1,

at

98.134.

Brothers

98.064

"

changes

Shaver, former Secretary and Treasurer,

and

...

1964

prin-

!. y;.,

f.

."

to

which

secured

after

maturity,

1846.

p.

be

and

after

or

of

instalment

1, -1949,

certificates

$11,955,000.

was

170,

to

of

dividends

redemption,

V.

"*•'•

preceded

537,177 >

1440.

and

an

Harris.

Ware, who is President of the International Minerals & Chemical
explained his
resignation on the ground that he
was
out
sympathy with recent management changes
engineered by the
Chairman.

-

$1 991,559

129.028

received

Mr.

Knode

1946

$3,087,912

1,373,936

!

;

Pomeroy, Inc., offered
&
Co.
Inc.. bid 93.839,

aiid

Corp.,

Mr.

.

"

1

$1.38

1947

$3,279,839

'

regular quarterly dividend, of $1 per aha re on the common*
both payable on Dec. 31 to holders of record
Dec.. 1. These payments
will
bring disbursements for the year to
$9,
compared
$6

"

•

■■

:

159,260

certificates

cost

to

share

per

the

with

1,447,355

$4,062,427 Y

$1.73

,!y' v:!' Vyy: ::*-: YY.Y

$1,393,883

company. The issue

directors

as-. President

dividend

extra

2,559,493

4,654,027

:

railway..

issuance

to

successor.
an

3,609,821

stock,

the

by

within

Knode

the

all

from

resignation
M.

693,168

199,385

339,442

V

7 These 'certificates

$2.00-

\

resigned

the

Oliver

693,168

$939,621

loss)

railway.—

p.

and

under

* $1.51

stock

3,257,988

57,764

409,181

income—

oper.

170,

inclusive

1,566,372

Ware

named

of

that

case

result;

rendered

filed

from
ry.

" 934,795

to

_____

capital

accepted,

who

be

share

company's

participated therein
requirement specified in the
Commission's decision that
comprehensive plan
"promptly" is too vague and should

be amended to require that such
number of days,—V.
170, p. 1741.

stock

3,893,876

RR.—Equipment Trust Certificates Offered—
Higginson corp. and associates offered to the public
Nov. 10 $3,465,000 1%.% equipment trust
certificates,
Series B, which were
awarded to the group at competi¬
tive bidding Nov. 9." The certificates
subject to approval
of the ICC, are
being offered at prices to yield from:
1.10%. for those maturing March
1, 1950, to 2.45% for ;
the March 1, 1964
maturity. Other members of the group:
are:
Paine, Webber, Jackson & Curtis; Merrill Lynch,
Pierce/ Fenner' & Beane and Auchincloss, Parker &
Redpath.

other

applicable

4,193,993

Lee

V':!

•'

1,299,524

.

361,800

275,900 ;Y3,701,235

Wabash

262,305

$2,347,339

y

1,125,372

and

(net

railway—

from

Net

-

,

1949—12 Mos.—1948

$55,166,492 $48,575,136
27,604,554
26,283.512

329,528

railway

oper.

Net

■

348,496

'

.

''

Co.—Earnings—

57,764

revenues—

for

from

ry.

—V.

United States Gypsum Co. — Ware
Resigns—Former
President Recalled—Declares $3.50 Extra Dividend—

of

contentions
cf
Phillips
submission of the record

Commission

Commissioners rather
end

the

"and

the

351.132

p. T741.

from

GroSs

Co.—
.

on.

taxes

shs,

an

1919.

rejected
of

said,

by
Marysvale,

new

Virginian Ry.—Earnings—

the

Niagara Hudson Power Corp for
common, approved by the Commission on
Oct. 20.

decision

•

Ore

314,875
' '
'

.i

From Jan. 1—

y

381,385 '

—V. 170, p. 1741.

distribution

Commission

stock

*

$1,877,756 ' $1,596,806

income

Balance

Per

;28,788,710

<Del.).—SEC Denies Hearing—

each share of United

during

discovery
a

dividend

170,

Net

701,435,

f

$2,695,835
$2,369,310
■». •'■!"'!• * *';/" v

•

/ (

301,627

•

1538.

last

common

cents

50%

near

"It is

2,454.994

income

Net

of.subs., int. &

iniscell.

4,741,502

3, announced the denial of a
petition of Randolph
FmJIips. a common stockholder of the
corporation, for rehearing upon
that company's plan for a
special capital
dividend
of

1949.

50

paid

a

the

body

ore

$4,299,489

September—

$2,750,695

465,294

*

1
?

deductions

SEC, Nov.

share

of

the

on

18,

of

?••{•/.:.'*;7 i'.*

—V.

$2,049,260

>./(639,292Y

;

former

income:

Exps.,

;

a

23

City.

$4,666,242

taxes__

Earnings per share

!

15,995,766

$2,521,837

$2,123,983

.»$2,179,383

earnings

U.

stocks

of

o?

Nov.

also

was

1949—Month—1948

amort

Balance

COMPANIES)

j

366,369

.!

J>*

,

Gross

on

Other

year and off
2%
from September, 1949.
totaling an estimated 686.200 ton miles, was down
lVi-%
Crom October, 1948, but
up 10Va%
from September—V.
170, p. 1741.

1/10

share

per

confirmed

9

Lake

nor

& Power

_______

oper.

Net

$1.67

1949—12 Mos.—1943

$2,545,752

•

util, subs, applicable
to the U. G. I. Co.

express,

United Corp.

Salt

type

plant

income

Preferred

$1.43

•

12,041,941

$2,074,848

deductions

Bal.

.

"

year

6%%

$1

record

2.264,141

income

Int.-and

!

net..

minority &

19,055,397

Crary, Vice-President—traffic and
sales, said United set a
new
monthly high for the year when it flew an estimated
2,27.9,510
qir freight ton miles,
21'/a% above October last

Air

of

Keeley

the

taxes__

Other

$13,640,247 $18,951,324 $18,045,026

12,161,808

pfd.
stocks,
other prior deductions

(k

25,615,146

Harold

September.

Corp., *

.

distribution

Jan.

on

i

1,180

-*

1949—9 Mos.—1948

Total

284,963

continued

on

revenue

and

of

share

per

Nov.

on

acquisiadjustments_____

Net

1,238

$1.16

$14,236,656

19,642,079

7,113,465

taxes.—V.

announced

120,136,100

October,

Loan

•

$1,819,602

(COMPANY

income

capital

in

Mr.

revenues____

of

'tion

262

$2,242,124

•

1,180

$1.07

income

Divs.

j

30,222,797

520,954

;—_—6,278,961

travel

•

Co.,

2874.

p.

a

uranium-bearing

r,
■

256,781 '

85,061,908

8,395,005

United Air Lines, Inc.—Traffic
Exceeds
Air

this

new

,

taxes.

oper.

mother

7,634,419

508,991

income

$2.50

"good grade" of ore.—V. 170, p.

Maintenance

'

--

stock

deprec., and

income,

Ihcome

all

'Excludes Federal

a

miles south

disclose

not

Operating

,

Fixed

income

Upstate
1, next,

Trust

of America—Discovers Uranium

Depreciation

lor.;!!;

EARNINGS

for

Gross

•

.

—

Total

a

Other

$1,820,782

$1,680,247

capital

for

prov.

1,146,749 ! 20,664,199

2,085,316

fr.
investments
and other sources

quarters

of

President,
of

deposit,"

did

67G.572

——

..

1,566,372

on

of

prov.

has-

preferred

/

»

11,681,758

•

6,202,707

Income
,

Kceley,

$3,556,253

-Yvu";

262

«pe-

stock

share

shrs.

Other

1,829,074

•

4,076,200

(net)

opers.

total

Period End. Sept. 30—

,

'

Net income fr.f transp.
operations
'•Income
from
oil
and

A

Operation

211,495

$1,681,485

Period End. Sept. 30—
Operating revenues'
Oper.
revs.,
mainten.,

1845.

p.

14,071,482
53,665,584
3,938,382 -13,900,000
2,101,3i9
19,688,821

3,400,000

I&uip. and joint facility
; rents—net
charge

First

of

holders

to

following distribution
170, p. 1845.

about 220

-680,928

;

reserve

COMBINED

41,338,002 291,308,405 .320,356,512
27,266,520 237,642,821 235,294,604'

;

26,677,871

Federal.income taxes

146,

dividend

a

1

1943,

$3,134,547

-Y/:'!-:'v:179,803

—

available

.interests

Other

$2,511,110
510,263

487,288
154,812

approp,
fund

capital

Per

'

38,535,267

opers.

Dec.

preceding

.Virginia Electric

1949—12 Mos.—1943

"

$2,548,141

•

314,812

(& Leased Lines)—Earnings—

ry.

fr.

rev.

the

will vote Nov. 15 on increasing the authorized
stock (par $5)
from 100,000 shares, of which 95.150 shares
outstanding) to 200,000 shares in order to effect the
payment of
100% stock dividend.—V.
156, p. 1959.
■
'

'

-

351,372

*

___

income

Balance

•

,

'

York,

'

revenues.

at

are

$2,159,738

.
•

;

Trust

^

oper.

above.—V.

declared

three

made.

was

C.

■

took

Green'

(Excluding Offsetting Accounts Between the Companies)
Period End. Sept. 30—
1949—Month—1948
1949—9 Mos.—1948

Railway
Railway-

made

,,

of

Dec.

on

Viking Pump Co.—Plans 100% Stock
Dividend, Etc.—•
The

a

428,685
$2,323,585

deductions

cial

'
which

one

acknowledged

'

•

be

1957,

Co.,

.

value.—V.

par

$2.59

•-

Inc.,

payable

the

corporation

Utah,
He

elected

:

;

Bank

Union Pacific RR.
•

year

the

Shares

•

Co.—Earnings—

COMPANY

are:

similar

group

more

co-transfer

series,

95.625

$0.59

•

stocknolders

—

Income

D.

preferred shares.—V. 170, p. 1845.

Hanover

appointed

stock,

Other

.,

Fred A. Assanna, also,
Robertson,
also
named
Lambert,
Philip W.
Fitzpatrick,;

fight

proxy

Strouse

common and

Central

been

share

*

income

expenses

taxes

Net

Union Electric Co. of Missouri—Co-transfer
Agent—

•

:

.

Payment will

have

stock,
of

49.

p.

income

•

They

Green.
a

the

directors

each

was

Prov. for Fed. and state

.

j

Alexander

Boldt, * Paul

without

March,

group

elected.

were

92,852

Nil

696.

Y.

N.

the

Cathcart

directors

new

90,525

share

p.

interest.

dividend.—V.

-;K,f

Sept. 30—

other

Ordinary

Gibb of

!
Along with
resigned.

$770,359

Body—

$1,894,900

Interest &

.Resigning with Mr. Strouse were the following directors:
C. T.
Jaffray and E. W. Decker, both of Minneapolis; Walter G. Seeger and.
W. O. Washburn,
both of St. Paul; F. Coulter Deacon of Toronto
James

and

per

5,581,946

$11,554,179 $10,186,796

>

pany

170,

In

1,014,373

Director-

Dividends

the

company's

his

505,888

$246,368

pfd. stock_______—_

common

W.

filed

9,

Fund

INCOME
;

and

157,674

'$460,909

—_:_v!i___X!—'

Upstate Loan Co.,

,The

1.220,768

...

7,198,689

United Gas Improvement

-

Strouse

Y

common

;

Mr.

Crl27.084

Van Raalte Co., Inc.—Declared
$1 Common Dividend—

595.308. >1,026,214
75,776
65,165

sharei—

per

264,760

1439.

P.

319,968
(est.)_

206,019

1,014,373

on Nov.
registration

a

director.—V.

13,806

32~6~690

208,101

;

inc.'taxes

per common

uranium

DuPont
926,026

A

value

Accumulative

3,316,474

;

lrom

(net)--:

est.

company,

United

3,556,274

with

withheld

income,

(stated

seeking

and

J-17,251* '<W '30,514
82,715 v ; '3,265
r
'42,054.
■

336~756

devalu¬

currency

Vanadium Corp,

!

$215,999

150,635

450,845

$1,602,937

p.- 1439.

Gross from railway-

'Deficit,—V.

150,723

surplus

170,

559,355
$740,798

tures Called—

United Funds, Inc., Kansas City, Mo.—Files—

From Jan. 1—

-

..

302,639

■

-

Total

reported.^-

Humphrey

555,086
.

corporation, formerly known as Upstate Personal
changed Its name in 1948 to Upstate Loan Co., Inc.

^

September—
Gross

expenses

taxes.!;

-

Toledo Peoria & Western RR.—Earnings-

Wet

local

—_

Nietos

1

Upstate Personal Loan Corp., Albany, N. Y.—Deben¬

surplus

Earned

profit greater
purchased
from

stock

187,530
$2,053,782

This

$487,190

;

other

taxes

on

295,935
$1,300,153

'$59,924

■*•'' '
;!—

f,

■

foreign

income
on

Albany,

245,811

income

Common

/,

a

heretofore

oil

Associated

1538.

p.

averaged

Payroll

361,732

$10,186,796

•

V
and

and

Federal

Capital

Water

"will

Richfield,

state

3,236,463

$495,162

f

___________

101 >'2

at

4

168,014

$11,554,179

payable

payroll

Accrued

V

which

crude

Los

such

day.

per

from

the

months

12

accounts

Accrued

Coast

In

*

4

expenses-—.—--

——

LIABILITIES—
Trade

$1,866,252

of the outstanding 6%
debentures due Dec. 1,
Personal Loan Corp. have been called for
redemption

t

„

$1,004,218

Upstate Loan Co., Inc.—Calls 6% Debentures—

480,432

..

beginning
volumes which,

$133,430

All

...

other purchases,

; ■

'Loss.—V.

$2,186,407

1

Total

refining requirements ot crude oil. The
arrangement
with
Richfield
was
negotiated
to
take the
place
of
the crude oil purchased since
1938 from Mrs. Carrie Estelle Doheny
and the Los Nietos Co., which purchases were subject to cancellation
on

!

•

645,510

i—!___'_

other

1947

1948

exe¬

years

in

and

Net

1,076.522

value)

insurance

1949,

2,

'

charges
and foreign

Divs.

2,530,367

—_

equipment

(nominal

Prepaid

supply of crude oil for
1, 1950. at posted field

a

30

2,098,878

assets

Patents

'

13,754,560

—

income

from

Fed.

$3.30

SEPT.

.2,367,116

:

—_

r

William

cution

AT

L.'1949

"Yr

receivable

„

Investments

Supply—

AS

$2,506,800

Inventories

Reports New Crude

—

;-."

—

Trade notes and accounts

at

or

Loss

.$5,581,946

$5.10

-

BALANCE

(&"Subs.)—-

2,800,388

income

457,788

$7,198,689

Cash

403,

p.

Oil Co.

CONSOLIDATED

*

■

*—t—;—•————

/.,

30

share

common

'

,

10,297,199
2,932,076

operations.—-

income

Gross

$7,658,477; $6,039,734

•

f

1948

7,853,401

Deprec. and amort, of physical prop.

706,000
$1,160,674

Earns,

addition to the regular %
the common stock,

on

was

will amount

Gross

249,184

$1,556,492

—

paid

*•

per

'

——

1949

—

ations'

Total

*

income credits—j.___

('a

•/.Yv'v

to holders of record

1

distribution

in 1949

in

share

per

in 1948.—V.

paid

as

share,

per

cents

similar extra

a

rate

same

cents

25

t), both payable Dec,

Nov.

on

25

of

Total payments

I.

the

of

dlshlbtuion

Other

V

$10,787,219 $14,233,493 $18,857,273

soltl

from

*

Machinery Corp.

Sell., admin, and gen. exps
Profit

4

'

182,100

,

497,792

-

Hoffman

Nine Months Ended
Sept. 30—

Cost of goods

25,443

*

States

Net .sales

1943

207,050

(net) _____i,—! !

,

An

.Jr

.

203,563

i-.

profit '_!,—.Y-——„—
Earned surplus at Jan. 1

Thew Shovel Co.—Extra Dividend of 25 Cents—

Quarterly

.

1849

$16,919,029 $14,977,434

Net

before

,

..

United

-

$17,122,592 $15,002,923
and operating expenses-!14,425,257
12,704,969

of

Earned
*

unconsolidated

"

Federal

to
the subsidiaries would be
repaid when their longfinancing.-is completed (in May and June, 1050). And
the borrowings by Texas Utilities
will be repaid from the proceeds
derived by Texas -Utilities frcm
the sale of shares of its common

.Mock,

„'V.'

.

_

•'•/*;

,•

'

—

depreciation.__Yt———_

•

public

fjept.

—

goods sold
Provision
for

the
purpose
of addiUtilities in Texas Electric

.

Total

to

necessary

loans

terra

sales

Dividends
*

lor

by Texas

Months Ended Sept. 30—

such

borrow

"

-

(Including domestic subsidiaries)

* '

*9
Net

$7,-

for

will

and.

subsidiaries.

two

/

and

and

Electric
available

have

from

Co.

programs.

$11,000,000)

borrowings

investments
.

to

treasury

excess

loans

Service

construction

United-Can* Fastener
Corp.—Earnings

....

make

to

Electric

their

Utilities

in

include

will

stock

Texas
in

$3,000,000

$4,000,000
(not

advance

also

authorization

aid

to

exceed

not

amounts

common

SEC

subsidiaries,
Co.,

approximately

enable

tional

received

its

Light

would

banks

borrowings
or

has

company

time
Texas

_

*

'

,

Texas Utilities Co.—Loans to Subsidiaries—

_

to

a

1,223 treasury shares,
will

be

used
■

,

.

for

holder,

issue

will

total

of

is

leaving
not

83,749

a-

under¬

purchase

any

shares.

making total offering
working capital.—V. 170,

-ntKa^

Volume

170 " Number 4855

THE

&

COMMERCIAL

FINANCIAL

cjsar

CHRONICLE

(1921)

13

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

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED ISSUE

STOCKS

Range for Previous
Year 1948

Lowest

I per share

t per share

f per share
37

76

Dec

2%

Dec

100

Jun

70

May

6%

NEW

Range Since Jan. 1
Highest

May

31

Abbott

19

Abraham

3'/a Jan

7

132

2
16

17% Oct

31
14

27%

Dec

41% July

7%

Feb

22%

Adams

9

Adams-Mill is

38% Oct

14

1 J% Feb

Dec

5

10

14% Nov
8% Apr

May 25

47% Oct

31

46

Dec
Nov

2%

Nov

18% Jan

May

3

97% Mar

27% May
108

9

10

$3
Air

1

13%

Dec

65

Nov

13% Feb

15

18% Nov

64,

21% May
80% Jun

Dec

14

73

4% May

2%
37

Feb

65%

Dec

68%

Apr

40% Feb 25

Oct

59% Oct
82% Oct

19

27% Jan

7

90

.

7%
*171

75

May

64% Jan

Dec

34

May

17% Jun

14

109

May

88

20

Apr

83

Jun

6

Mar

Dec
Mar

96

11%
198

Sep
Jun
Jun

104

16

14

...

15

:

62.50 prior
64.50

25

Feb

25% Feb

25

~

34

Oct '

Jun

83% Jan

8

X96% Nov

25% Feb

25

33% Oct

13

98

76

22

88

4%

10

42% May

Jun

28

Kid

*47%

22%

17%'

70

3

v,

19%

STOCK

21%

21%

EXCHANGE

42 %

*41%

37%

37%

38%

28%

29 Va

28%

29%

14%

14%

*58 V*
*79

gtd—100

*85

88

1

No par

Dye

*7%

'199%

198

■;

171/4

29%

29%

Corp common—No par
preferred
100

32%

32%

313%
{■ *94%

951/4

32%

♦79

81%

20

20»/a

*93%

5,100

94%

*86

'

88

7%

88

197%

7%

«

n

199

197%

7%

1,300

'

*■

198

>

*17

17%

16%

29%

29 V*

32%

32%

32%

96%

♦94%

i

2,900

29%

313%

>,17
!

16%

1

-

98%

32%

31%

84

83 '/a

83%

; •'

31

.

*83'/a

j.

'

'(■

I

•'/"• '

•

31%.
84

100

».

-..'

;

1

1

Nov

31%

Oct

26% Jan

3

6% May

2% Jun

14

44

Nov

60

Jan

83%

Feb

121

May

89% Feb

34 y2

Dec

Jun

36% Oct

34% Jan

62%

37

Alpha Portland Cement

21 .•

4Va NOV1 9 /
43

Amalgamated

7

6%

31

5

Amerada

9

Amer

45

Sep

.

Oct

10

Mar

Nov

68

Mar

51

Jan

69% Oct

18% Mar

29% July

20

Jun

25% Oct

70

61% July
x7% Jun 29

Oct

26

10% Oct

-4

27

68%

11

6y8
47

31%
103

Feb

Dec
Nov

6% Jan

May

43% May
Jun

Sep

10 %

30% Mar 23

Dec

3

Dec

6%

69

35

Jan

Jan

Jun

2% Jun

3% Oct

13

76 V*
163%

Feb

28%

Nov

49%

Jun

21% Jun

6

74

Nov

100%

Jan

60

Jun

1

82

81

92% May
177

Jun

Jan

3

99 % Nov

172% Mar 17

4 V*

,

Corp
Co

Shoe

500

.

<
•

,

■.h

7%

69

:

9%
31%
8

3%
*182

18% Mar

104%

27

19% July

May

24% Oct

1

Jan

110

Aug

Nov

10

38

Dec

61

May

39% Feb

15

15

Dec

20 V*

Jun

15% Feb

8

Jun

14

106

14%

Dec

22%

Jun

14

81

Dec

94

Jun

Feb

43

Oct

35% Feb

8

94%

Feb

107% Jun

99

3

28

Feb

49% May

Jan

American

24

July

5%

5

65%

19% Oct

American

6

Oct

Cable

No par

*24y8

3V*%

v

6

*106

44

*17%

18%

25% Jun

36% Mar 31

14

Range for Previous
Year 1948

Lowest

I per share
6

Jan

$ per share

NEW

*17%

3 per share

$ per share

4% Feb

28

6% Oct

14% Mar

19%

Oct

15% Feb

24

19% Oct

28 '

13%

Dec

19

Apr

13% Jan

5

18% Oct

1%

Sep

1% Jun

7

Dec

4% May
89% Jan,:

Dec

14%

American

10

42

6%
37

Nov

7% May

77%

Jun

44

3

27

Jan

3

60 % Nov

3

13% Nov

7

Jan

37

43 % May

34

3%
46

Dec
Jun

20%
5%

Feb

Dec

7%

Jan

...

49% Sep

19

13

43% Oct

6

3% Jun

6

5% Oct

11

3

47 V* Jan

27

Jun

26% May

Jun

24% Jan

8% May

Dec

92

Jan

73

10%

Feb

15%

Jun

11% Feb

13%

Jan

19

Jun

16%

Dec

26%

Jun

Feb

r

Feb

73

Jun

•

21% May

11% Jun 13

94%

76

10% May

Jun

Jan

45 '/a

45%

,*108%

4% Jun

7

35

July

Dec

98

Dec

96% Jan

Jan

5% Jan

93

;t

6%
29

Dec
Feb

6%

Feb

80% Nov
69% Nov
12% Feb

162% Nov
Dec

8%
35

11%

22% Jun 13

Dec
Jun

7% Feb

25

83% Feb
70% Feb

12%

169

Jun

Mar 31

Feb

Oct

23% Jan

Sep

46

Apr

37

Feb

68

May

28

Jan

139

Mar

163%

31

Mar

6% Mar

Dec

Jun

27

Dec

24%

Jan

Feb

116% Mar

16%

Dec

147% Mar

54% Mar
131

Oct

46%
115%

Feb

Nov

6%

Dec

*33%

Nov
Dec

90

76% Mar

No par

7%

14

American
*

Safety

6%

14

Jan

Seating Co
No
Ship Building Co
No
A Refg common__No
7% preferred

7

'American
American

American Stove Co

American Sugar Refg common

Nov

10

20 Vs Nov

3

14

»

American

3

74% Nov

2

1511/4 Sep

13

Nov

3

18

6% Jan

3

66% July

21% Jun
79

6

Sep 29

59% Jun

2

67

i.

121

Aug 25

8% Mar 30
17

38% Feb

91% Mar 11
Jan

80

4

.

6%
5%

Am

66%

100

30

Feb

45%

Jun

22% Jun

14

35% Jan

8

25%

Oct

38%

Jan

,381/4 Nov

9

Anchor Hock Glass

8

Mar

4

Dec

24

NO*

25% Jan
3
99% Mar 29

60%

Jun

48 v* Jun

20

55% Jan

36%

Jun

15% Jun

13

26% Oct

14

Apr

8% July

7

6% May
Jun

2% Aug

4

♦ % Jan

f

A P W

26% May

2

40% Nov

9

Archer-Daniels-Mldhu.d

34%

For footnotes

see




page

24.

com

Clayton

A Co
Corp.

7

Andes

Copper Mining
Products Co

.

400

;,

3,300

78'A

5%

53/4

5%

7

31

30%

105%
'

6%

•io5y3

1

33'/a
13% '

113%

95%
14% '

176%
8

10
900

3,500

"

20

V

33%

33%
13%

13

.

-

■.

6%

112

4,200
,

31%.';'
107

63/a

700

,

300

'

38,000

113

94'A

./;
95% •

14

14

48%
.

493/8
1593/8
40

147

9,300

t... \

•

12,300
10,000

V*\'A

1

29

'

19%
145%

125

19%

146 y8

145%

73%
1433A

'■

65%

•119%

1195/g

7%

8

24%

25%

•88

90

733A

74

'

6%

-

66

119%
8

2,300

*.■

1

300

%V

2,100

40%

800

'

200

127

1,200

19%

23,000

146%-

3,700

72%' '
148

66%

"

200

1

2,800
230

119%

3,200

R

24%

93

*88 V*

90%

733/4

•72'A

7,400

24%
74

25%

6%

6%

100

,100

2,200

6%
-

•61

62

'

20

28%

28%'

29%

29

30

29%

29%

580

37%

38%,

2,600

105'/a

105%

♦104

105%

38%
105

50%

50%

50 Va

22%

23%

22%

33A

9

;

61

23%
11 *

900
'

29

37% -38

37%

40

iv,

V

1.,

273/,

♦50

*3 Vs

119%

"

j.i

61

*23%
11

66

490

"

f

40%';

613A

.

50%

*39%

159%

29%

29 %

105'%

72

147%

3,600

23 Vs.

61%
*

'

37%
•104

127

19%

1,500

:

147

28;1A

8%
40%

'

r

28%

93/4

.

48%

28%

"

40%

125

>;

48

41

24% ;v

72

'6%

*39%

3,200

28%

62

29

159 V*
•145

30

,

,7%'

24'/a

148

6%

6%

6%

28%

48%

176%'

243/«

73 3/8

90

47 y4
*39

9'A

146

66'/2

♦175%
x7%

148 3/4

*72%

-■

Hi/4 Nov

900

iy/a

13

40 3/8

20

24%

74

No par

21%
lo

500

600

14%;-

13

41

28-%

126'/2

7%

90 »/2

*72%

•61

No par
OH

*89

25
50

Corp com„12.50

64 preferred
Anderson-Pilchard

1

1

S',

78%

'

'

65 prior conv preferred

Jun

119

7%
24%

24%

100

No par

148%

120

7%

common—No par

preferred

t.

♦119

5

Inc

6,556

,

8%'

• 13% •
80

>

24'A

,

40 %'

66

Co

"

30'/a
98

-

39%

9%

9%

66%

common—14

64 conv prior preference
Amer Zinc Lead & Smelt

Anderson,

'

*4oya

145%

Works

7

.f.

!

*145
"

J"

48
159

40

147

X73

Woolen

.

i45/8

13 Mi

48

'i *28'/a ,'29%

40 -4

741/2
148%'

preferred

;

87%

'•39
A

159 Va,

24% -24%

,

145%.

Anaconda Copper Mining
Anaconda Wire & Cable

5

10%

,

74

7

27

( 29 %

*9%

148%

35 V* Jan

.

*145

147
24 *

49%

39%

■

.145%

1

Feb

158%

159

J 40 *

40

100

Viscose Corp

1,300

48

14M.

7%

41

48%

100

14

18%

X19%

400

DAY

4%

873A

94%

•175%

-

49

*39

/

49%

_25

48% Jun

Aug 23

x48%

48%
41 *

Tobacco

25% Jun

.

*23 %
a

8

Tel A Tel Co

67
May
41% May

106

14«A

19% ■

14

175%

8

1

197/a

Dec

107

175%
!

125 Vs

Feb

3

14%

*

Nov

6% Nov

14/

•;/.

I-

Water

7%

:

29'A
*8%
•93

ARMISTICE

47 '/a

41

14%

112 V*
U

CLOSED

88 VB

'

33%

„

95 Va

20 Va

common

6%
-

113Va

94...

126%

American

American

112 f
.

20%

preferred

>105%

33 Vh

•124%

30%

62% Aug 18

1

14%>

30 v»

...

33 '/a

6

Tobacco

61

4% Jun. 6

9

53/4

-

6%

100
100

Sumatra

American

3

J nil

No par

——

preferred

American

Jun

v

49%;

24

10

lOU 7s

*47%

29%

88 '/a

13 '/a
">783/4

13'A ,.13%
^

r

Steel

13

7%

48%

•391/4

♦144

27

v

i

100

Nov

107

6%
:

13%

112%

8%

40

12% Jan

X117% Apr

*105%

33J/2

;

*159

preferred

;

>

176%

25

non-cum

13%
80 '/a

5%

7%

100

com

291/4 Oct

40%

48

12,800
8,300
17,900
5,000
23,600

EXCHANGE

50%
'/a

43/.

98

14%

31%

•175%

par

Snuff Co

6

127

4%

"

'

f

17

Apr

13 'A

•

13;

Foundries—No par
Stores Co
:No par

American

July 26

28

47

19% '•
f!

"l

53/4

•6%

*6%

>32%

5

Razor

x5%

98
Sep
46% Mar

.

Amer Rad A St

13

Sep

19%

31%

14%

150

50

41

14%

87 Va

5%

107

•105%

Light com—No par

25

Jan

•

141/8

3

14%

31%

L

San'y com—No par
preferred
100

A

/ Oct

6

5%
31

7

41

51%
48

*8%

*79'/a

95

161

49% May 10

Jun

t
.

93%

5

101/4 > *

•93

14%

V
*

81 "

111%

11

10

13%

=.

NO par

60% Jan

112% July
8% Jun

13%

__No par

Feb

58

113/4

x29%

14%
7.

400

57%

41%

1,200
6,700

STOCK

12%

*47'A

87%

14%

*79

par

July

88%

.

59

4%

8%

19%

19%

f

65 preferred

par

Jun

:

66 preferred

'Amer Power

American

135

71% July

>•19%

2 */4

50

98

14%

14%

7

Am Smelt

16

Jan

*14%

2 Vi

1

18%

47%

.30 /

8%
*93

173/4

Shares

'<

18%

18%

,

*40%

48

293/a

8%

^CLOSED V

4%,

.

*47'A

«.

98

7

Amer

138

104

News Co

7% Jun

Jun

Jun

—1

Co

31% Feb 25

.

Mar

8%

American

.—100

——

Molasses

4

158%

120

preferred

7

120

68%

4% %

American

No par

Co Ltd com.No par

3

May
131% July
20% May

144

Amer Machine A Metals

21% Jan
•

30

4*93

Pdy Co com—No par
100

/ Nov

14

48
30%

•t:

8%

,

4%

4%

14%

41% Feb

19% Jun

41

/

,*87%

56% Jan

Jan

*4%

*47%

1

13

130

Apr

10%

•■V

/

18%

6%

11%

DAY

13%

6%

19%

the Week

$ per share

57%

ELECTION

41%

5

34% Jan

Jun

34%

21

47%

>

63/8

19

2 Va

-

EXCHANGE

60%

47'A

<13% Nov

49

STOCK

41

8

Sep

2%

Sales for

Nov. 11

17%

.,

41%

preferred

i American Metal

3

81/4 Oct

18

,

36% Aug

178

6%
."

;

Friday

Nov. Ut

% per share

19 Va

58%

Thursday

Nov. 9

47%

17

142

"

58%

200

Wednesday

6%

•

2>/2

30%

I per share

47

Jun

4

2%

30%

500

PRICES

Nov. 8

,,,

-/

*19

17%

14% Jan
V

,

171%

95 % Nov

;

6%

"•

30%

SALE

45

t per share

*41

39% Jun

35% May
Jan
140

35%

8

■)

17%

common—_1

preferred

3.90%

7

Oct

6%
19%

vi

HIGH

Tuesday

Nov. 7

f per share

tftarm

100

Locomotive

Amer Mach A

-1

,

Monday

Nov. 5

113% Nov

6

10

38

25% Nov

-

11
10

16% May176
Jan

31% Nov
7

3

95% May
66% May

7%

26

105% Nov

r

Saturday

AND

45%
109

6,900

*108%

*30%

31

45%
108%

'

Jan 20
Sep

*30»/a

533/4

1

American Investment Co of 111

7% Mar 14
•

4

8

46%

Nov

*

Feb

32

6%
16%

125-

84

30%

30%

12%

No par

com

400

700

45 y8

52

-50

Products

Co

120

1,200
:

>

108%

109%,

12%

non-cum

American

14% Apr 12

3

24% Mar

;

Ice

18

80

45%
109

51

preferred
100
American International Corp-No par

27

102

Home

6%

*17%

81%

11%

1

18

19 y8

10

com

44%

81%

10

Co

preferred

conv

American

28

19% Oct

A Leather

American

18% Jan 20

?

22

6%

5

Oct

Electric

&

*44

19'/a

55%
»

No par ;

Gas

American Hide

8

Aug

15

1

14

Dec

6

'

American

1,000

106%>

44%

108

19%

48%

No par

American Hawaiian SS Co

4

9% Sep
100

7

Dec

'12% Nor
72%

30% Nov

5
5

23

15% Mar

12% Jun

Jun

108

;

5% Jan

79

95%

17

23%

106

43 %

82%

2%

,

:—No par

68 preferred

7

10

Jun

46 ;

Jan

53

53% Nov

45% Oct

~35%~Dec

500

•

19%

•*19

No par

7

6% Jan

.

r

82%

6%

1

No par
40e

com

23%

50

3,900

173/4

18%

1,800

23%
65%

19%

f

Par

Foreign Power
67 preferred
67 2nd preferred A

97%
182 3A

82%

;

Amer A

Sep 22

24

100

J- ' ■■
.If
-•

19%

<■

Encaustic Tilings

97%
*182

1,900
4,000
3,100

82 3%

,

-

American European Secur
American Export Lines Inc

?

7%
3%

i"

19%

45»/4

20

;■

■

7%
35/8

5,000

31%

83"- /

109

STOCK

YORK

65%

i

%«/:-•

LOW

EXCHANGE

Highest

653/4

23%

STOCKS

Range Since Jan. 1
Lowest

Highest

22%

100 >/a

*81%

lo

Distilling Co—

23%

9%

31%
100 Vo

,

973/4

*106

500

93/4

*191/4

preferred series A-100

:

!?,'

1823/4

23%
653A

44%

*

American

97%
*182

108

44

%

3%

24'/a

♦106

;

900

24>/a
69

33/8

v

116

68

23%
•68

8

65%,

24

...

108

44

Cyanamid Co com

conv

24%

100

X68

69

323/4

241/4

65 Vs

V

683/4

24%

103

182%

24

65%

No par

Co

Colortype Co
10
American Crystal Sugar com
_10
■1"
4% % prior preferred.——.—10b

28 ;;

47"% Oct
112

&

preferred

Chicle

American

Mar 11

87

100

Chain

non-cum

American

47% Sep
7
18% Aug 17

71% July 29

33%

109

preferred

17,500

*100%

98

•

1,600
1,600

93/4

73/4

182

;;

23%

v

7%

11

Jan

98

183

23%

.

441/,

10

" 3%,-

2,900

9%

9%

;

4

39

4/1 v,

9%

24 y8

8

700

4434

68

103

•3%

3%
97%

♦36

33%

112%

•68

9%..,
32%

7%

'

No par

9%
32

>100

8

*96%

100

:i:

102%

'

25

preferred

,/

32

*100

1

Inc

9%

3%

39

700

'

117%

9%

24 Va

*68

*33%

>

4 Va

.

443',

68'A

*23%

69

1

Co

American Car A Fdry com

7

681/4

24

100

Broadcasting

■?

9%

*68

No par

com__

conv preferred

Cable A Radio Corp
American Can Co common

2

69%

:

117

.

44%

%;>• 9%

,24

2

Amer

7

187 % Sep

*68%

4

35

*37%

10

common

34%

39

118%

44

9%

t.
•'

50

Bosch

Brake

44%

9%

preferred-;—100

Bank Note

American

20

33% Jan

Oct

Amer

3

*37
*117

*44

par

—1

common...

conv

39

118

*118

!•//•

/*• 4

4

4

*37 %

;

No par

35

f" 35

34%

*3%

50

Corp

preferred

American

11

10% Jan

6*

34%

com

Chemical_No

Airlines

cum

American

•'

10

104

Agricultural

3%%

31 :

No par
1

Co

preferred

Petroleum

American

10% July 22

96% July 11
5% Jun
1

111

6%

convertible

Jan

120% Oct

Apr 29

Leather

500

5,900
8,000

'

,i *■'

Nov

3%

"

.

;
,

x25

'

••

96'A

X94y2

32

83%

'

-

.;>■ 29%

:>i:-;

32
/

84

30

59

32%

,

95%

32%

*83%

1,300

.

3,200
1,100

59

20%

7%
,

*16%

10(1

1

14,000

.

69

2%

95

*85

200

171/4

common_No pat

;

""

29%

Mfg

/.

3

81%

.

1

•

18

69

59%

20%
*93

7,700
*•

4%

17%

,

3

♦79

29%

preferred

18

59

82

*16%

conv

2,300

*

5,900

108

3%

69%

2%

88
7%

199%

DAY

"

22%

22%
104

/•

4% 7

17%

,

94%

{5

"

23
108

4

20%

1: *7%.

8

22%

•68

*85

1,900
1,700
14,900

ARMISTICE

50

/■•

<

*94

f

*47%

58%

20%

95

50

3,000

CLOSED

8

3%

*79

20%

*94

7%

70

58%

82

20%

par

No par

8

*104

18

*68

58%

7%

4%

*"'■3

42

*47%

No par

3V*%

19%

22 Va

23%

17%

V•

3%

4,800

20'/«

ELECTION

-108

4

is y8

70

•

100

22%

4

1,400

3

21%

50

♦104

108 *

'"4

'

•47%

23

*104
■

1

Co

Allls-Chalmers

Oct * 3

50

45%

19%

_7%

7%

Shares

108

2%

37%

28%

7%

Allied Stores

'

Dec

28 '/*

7%

5

Allied Mills

6

Dec

27%

for

the Week

*41%

CLOSED

38%

100

Industries Inc

Allied

73

37%

10

preferred

Allied Chemical A

26%

38

preferred-No par

conv

conv

1

13 V

30% Oct

38

.100

common

2

Nov

18% Feo

'

STOCK

EXCHANGE

1
50

Allegheny Ludlum Steel Corp_No

Mar 12

201

15% Jun
24% Jun

Jun

Inc

Ry

Allen

Jan

42%

Mining

10

21%

22

*41%

No par

Gold

8% Jan

34% May
37% May
91

Inc

Vlckaburg

13

Dec

Mar

A

Juneau

Allegheny A West Ry 6%

Dec

19%

21%

42%

w

17

16%

81

w

93% Fee

25%

19%

21%

*98

DAY

7

July

165

May

24

19%

21%

4 % % preferred w w
Allegheny Corp common
B%%
preferred A

5

3

*41%

Nov. 11

$ per share

45%

46%
110

3

•19%

Equipment com

Reduction

Aldens

::

5

Dec

23%
100

4

Sep
3% Oct

16

2% Feb 25

45%
*100

Sales

Friday

Nov. lo

$ per share

share

3

1

Gas

preferred

Alaska

•

$ per

110

2%

issued

Alabama

Aug 10

4Va Nov
'

Thursday

Nov. 9

46%

*100

10

lu

PRICES

Wednesday

$ per share

No par

Corp

Corp

When

Aftliiated

23% May 16
103

•

2% Jun 21

4% May

3

Express Co_

Admiral

19

29% Nov

.

46

110

3

SALE

Nov. 8

t per share

'■

•

46 y4

*100

2.50

Addressograph-Multigraph Corp

10

20

46/4

__No par

HIGH

Tuesday

Nov. 7

tper share

5

__

Co.

Co

1

44% Sep

Jan

5% Jun

99

Steel

Acme

22% Nov

5

35

Jsua

14% Nov

118%

Motors

AND

Monday

Nov. 5

Straus

<fe

37% Mar 28

23% May
46%

Laboratories

ACF-Brill

21% May 26

*17 %Jun

Feb
Dec

Saturday
Par

Oct

47% Oct

14

1 % Jun

14%

LOW

STOCK

$ per share

Jan

35

YORK

EXCHANGE

Lewest

Highest

11V*
3 V*

39%

ll'A

3%
40

103/4

38%
105

14,200

20

50%

51

51%

400

22%

21%

4,200

103/4

•ro%

22%
11

3 V*

3%

3%

3%

39%

4oy«

39%

40 y.

400

300.
3,700

I

14

THE

(1922)

COMMERCIAL

NEW
1

Kan gtt for Previous
Year 1948

Lowest

Highest

$ per share

$ per

23%

Nov

32%

Oct

14

27% Nov

89

Dec

101%

Jun

77

Jun

15

93

15% May

5

Jun

13

8%

Dec

88%

Dec

41%

56%

13%
11 %

38% Jun

18%

Dec

Dec

Jun

22

15

86

13% Jan

11

19

May

11% Feb

May

95

Dec

106

July

66

Jun

87

15% Sep

28

Oct

10

100

Sep

12

47'A Nov

9

14

30% Feb

Sep

80

Jun

14

105'/a Jan

167%

Jun

14

103'/« Jan

Jun

97% Jun
10% Aug

July

32% Jun

Dec

19%

Dec

62

25%

Jan

64%

Dec

66

Sep

81

Dec

80
182

Feb

'
-

.

*19%

114

99

Sep
•

•

94

41% Oct
111% Sep

1

24

4%

100

24% Aug

4

10

Jan

100

Feb

7

109% Nov

15

-Sep

30

20'/a Jan

25

7% Sep

.

13 % Feb

16% May

Nov

Dec

19

Jan

4% Jun

19%

Jan

xl4% Nov

Feb

7%

Oct

11

4% Jun

Jun

46

25% Jan

8

14

10.
14

34'/a Jun

5,

Jan

14

t

66%
87

10

-

82.25

(The)

5c

94

103

103

30

1,700

2,9Q0

103

400

10%

10%

11

1,900

37%

37%

66%

66 %

67%

69

88%

88%

90

41

39%

40%

111'/a

111%

39 Va

600

;

14,000

•

300
•

39%

111

5,500

111%

260

97 %

98

97%

97%

23

22%

50

50

49% '

50

50% "

120

22%
50%

6%

30

£

.

.

38%

10%

22%

*109%

111

*109%

*16%

17->

.

*

;

23%

109%

.

17

*16%

6%

15%

110'/2

109%

,V*14%

15%

1,160

.

16%

6%

6%
15%

6%

'

-

109%

♦16%

17

6%

1,400

:

V

*14%

-

80

.

600

6%

6%

6 '/a

6%

6%

6%

4*ll%j
5%'

11%

11%

11%

11%

11%

xl0%

6'A
11%

1,700
1.500

5%

5%

f*39

9,100

39 ty

Araer—3

common—3

preferred—

93%

-

98

*14%

of

94%

1,900

46%

23

15'%

——

100

200

102

50

109%

100

DAY

98 %

46%

23

,*

*49%

*14%

Co

.98%

x38

111%

6%

Canteen

conv

40%
111%
*97%

6%

Avco Mfg Corp

,,

40%
98

23

t

-No par

102

47'A

102%

87

*618

—

103

93%

66%

87«A
lil>

160

ARMISTICE

*86%

67'A

40%

200

14%

;99%

10%

*97%

14%

99%

39%

'*16'/3

($1.20)

14%

*102

102%

10%
39%

—No par

Co

Automatic

102%

common——No par

Conv prior pref

9%

95%

10%

"A*

111

——

Nichols

Autocar

;
„

95

39%

,

•
i„5
common.L.l,
No par
preferred-.-—;-.—— 100

conv

Austin

*9

EXCHANGE

112%

46'A

66y2

100

B

9'/a

46

*86%

.1-100

Powder

4%

7

44% Jan

$3.73 series

9'/a

100%

45%

103

10%
39

common..,
25
preferred series A—100

conv

1474

DAY

102%

'98%

95%

*102%

~-10

preferred

xl02%

-

45y2

>95%

RR—.—No par

Atlas Tack Corp

,

;

24

7'/a Jan

non-cum

Atlas

*

17% Mar 10

•

Line

*14

'

45%

-100

ar—<

Coast

Atlas Corp

3

15'A Sep 21 '

i

103

preferred

14 %

14%

101

Preferred

14

Jan

9% May

xl4%

»joo

4%

,

11

Jan

14%

..

14%

112 %

500

CLOSED

47%"
QQ

.93

14%

9%

14%

Atlantic Refining

;

4

4% Feb

24%

58-

*9%

*102'/2

5%

..

Aug 18

Jan

Nov

6%
*11

,

9%

STOCK

112 %

ELECTION

*

9%

330

10,400

6U

47 VA

99'A

10,700

.

112'A

15

Shares

6%

53

47

99

90

6%

for

the Week

t per share

26%

90

60%

47

CLOSED

112%

X26%

-

b%

60

EXCHANGE

99

*14%

100

Atlantic

15

Jun

93% Jun

106

Jun

Oct

15

100

A T F Inc.

27

20

114

*14%

STOCK

47

*98%

5

Atl G & W J SS Lines common—1

Mar 18

42

Dec

12%

14

13

*46%

98%

112%

Investment Co——:—10

non-cum.

60%

113

2nd preferred

5%

7

60%

*112ya

Atch Topeka & Santa Fe com__100

,

7

25% May
64% Apr

Nov

4%

20

Jan

Jan

Feb

..

90

6%

Sales

Nov. 11

t per share

27%

89

7%

70'/a July 13

7

77

Jun

48% Aug

15
47

4
13

Feb

27

•

6%

Friday

Nov. 10

tper share

91

47

%

Thursday

Nov. 9

Sper share

27%

6%

No par

Corp

PRICES

Wednesday

27%

6% 1st preferred

,

24

30% Jun

May

99

98

SALE

89%

61

*46'A

.—No par

Constable

Associates

7

53

60% July

,

Feb

Feb

91

No par

com

t per share

6%

,

»60yi

Carpet Co Inc
No par
Associated Dry Goods common—1

14

107

Apr 27
Apr 12

120%

13 y4

Co

HIGH

Nov. 8

27'A

6%

Artloom

111

44%

Cork

AND

90

*88%

3

No par

preferred

conv

7% July 18

Feb

.

84

27

100
com

Monday, November 14, 1949

Tuesday

Nov. 7

| per share

10

com

Illinois

of

preferred

83.75
Arnold

Mar

64

Par

preferred

Co

<fc

Armstrong

6

99% Feb
4
Oct 24

114

30

Jan

87%

LOW

Monday

Nov. 5

$6 conv prior preferred

16% Jun

Dec

-26

Corp

conv

1

13% Mar

Jun

17% Aug

12'% Mar
98

4%%
Armour

10

49% Oct

13

94

Jun

115% July

77% Jan

Steel

Armco

3

8

CHRONICLE,

RECORD

Saturday

r

9

Feb

7% Jan

7

105% Jun

Jun

99%

Jan

Nov

49% Jun

Jan

106

Feb

88

103

19% Jun

STOCK

YORK 8TQCK
EXCHANGE

!.

$ per share

8 per share

share

YORK

NEW

Highest

,

FINANCIAL

STOCKS

Range Since Jan. 1

-

.

Lowest

&

No par

6

5%

.

6

*39

5%

39%

V

14%
10%

,

6

38%

39'/»

38%

14%

14%

*14%

14%

1,500

10

10%

9%

10'/a

4,000

8%

8%

4,400

39

1,100

B
Jun

8

14% Jan

11%

Jun

8% Jun

13

12% Jan

16% July
29% July

7% Jun

13

11% Jan

14

22%

Jan

Feb

18%

Jun

Dec

13%

17%

Mar

10

15%

Feb

*13

14% Jun

,

14% Jun

7

-

Feb

31%

13

25

,

80

60

Va Jun

13

72,

July 27

59

38

Jun

28

51

Oct

15

Sep

8

*20

% May
" May
28% Jun

Dec

45

,36% Nov

Jun

36'

Dec

39% Mar

81

Feb

45%

9

Nov

16% Mar
23% Jan

15%

Dec

,10%

90

4

52% Nov

9

15% Oct

13

11% Jun

*

3

17% Jan

1

,

28% Nov

Jan

87% Feb
12% Nov

4

99% Oct
20% Jan

3

20," Oct

Dec

80

Feb

100,

69

Jan

25

Mar

f

8

5

86%

6

,'

10 Va Jan 21

6% Jun.

Nov

2

22% Feb
14% Feb

34% Apr
37% July
20% May

30% Jun ,14
ll'/aJun

16

16 r Feb

19% Mar

10% Feb

14

16% Jun

11 yB Jun

14

17

Feb

18

98

Aircraft

Beech

Creek

Dec

Dec

26

103%

Jun

85

Feb

Jan

26% July

21% Feb

Dec

€8

Jun

21%

Nov

:

38%

Dec

9%
21

87 % Mar

73% Jan

102% July

86%

Dec

22%

Feb

30

25

Feb

Feb

39%

93

Mar

26%

Dec
Nor

9

% May

5

Jun

14%

7

Nov

3

Sep .14

28

11

Jan

104

129% Jun.
9

10

6

3,

Best

:

7 :

136% Feb. 2
31% Mar 21
11% Mar 11

26 y4

?

0%
13

36'A July
19% May
14% Sep

Deo
Dec

82% Mar

19% Nov

22% Jun 30
10% Jun <131

29%

67%

Dec

i30%

Dec

51

16%

Dec

33% Apr
17% Jun

42%

Feb

66'A July

Nov

96

May
5%'May

1% Aug
32% Dec

6V«
26

,,

7%

42

71

Dec

92%

Nov

Oct

27

7%

17-

Dec

98

95

Jan"

15% Jun

90% Jun

86

12%

21% May
43% Jun

61% July

»

29% Jun

May

"

7.

Dec

100

Jun

70% Jun*

88

Jan

17% Jun

73

-

Dec

89

' Mar

98%

Jan

23%

Feb

27% Mar
52

Jun

1% Dec
5

Dec

21% Deo
9

Nov

7,

Jun

X97% Jun
6'/a Jun

15% May
119
44

.

Jnn
May

*19% May
19 % May

Var footnotes

set

35%

29%

35%

35%

13%

14

13'A

13'A

83

&

Co

.

2 ;; Brown

Shoe

$3.60

Co

9

26'A

26

26

32%

33 %

32%

32%

1,700

29 '/a

30%

29%

29%

21,500

134%

134%

135

*134%

25

.•

7;

;;,j

Nov
•

|c

;

9

Feb

10

17

Jun

20% Jun

conv

7

May 14

30
52*
1

16% Jun
9% Jan

16y4 Jan
10% Jun




68 '

27

f
13

Apr

18

Oct

10

•

5% Jan

-

•

6

;

22% Jan 10
12% Feb

4

*:

109% Mar 21

f

22%

53

19

19 Va

14 Vz

14%

13%

.

*46%

STOCK

13
*45"

CLOSED

22%

8'/a

47 Va

47%

51%

31%

31%

8%

8%

*30

31%

7%

7%

7%
25'A

25%

27%

26%

27%

?194

-

26%

164%

27%,

*104

32%'

32%

1

10%

10%

*38%

.38%

38%

.No par
No par
—5

*100
1
197/a
17%

101

*1122%

19%
123
75 --

100

.*93
*16%
; 33%

Inc^

33%

common—1

17

18-

90

*78

82

.'14%
,,
8%
*111%

/

*51%

/

4%

4%

*19

;

19%
10%

10

*101

102

,*39V'2 ;

*20%
/

14 Va

1%

>

94

8%

:.-;r OVa

68%'/ 69%
4% ^ 4%
20%

>102

•

.

21"

13%'

35%

35%

•51

19

19 %

10 y8

101

-

10%
101 '

68%

"L

,

16'A

-2i:

1

18%

!"•

t

95

10
"

91

13%

:

OVa

8 v

'

7,100
1,000

f
,

5;'
v

8

20

"

22 '

35%

35%

53

*

53

1,000

22

34%
*52

f.

"

;

20

I

1 700

34%

1%

1%

1%

4Va

4 Via

4

4%

18%
10%
*101%

•

19%
10 %
102

18%
10

r

39%

39%

39%

39%

39%

*39%

21
14%

21 -

21

21;

21

*20%

14%

14%

14%

14%

14%

50
"

2.300

2,000

18%

900

10%

5,200
V " 50

"

*101%

1,900

53%

1%
.

40

1,100

v

104

22 *

22 Va

•

"

*280

A

20,
*102

-

1,900

!-

68

4
■7-

200

,

14

112

67 v:

102

,

80%

8'A
112:

;

6,900

,

...

700

.1,000
i

*

*78

4%

20°!

102

'

33%

*88%

-

68 VA

*4 Va

500
'

*93
:

>

-8%
3

g
r

"1%
4 Va

'

260
600

'•

94

-

"

14% "■

8%

17,400
5

18%

111% IIII/4 '

53

1%
4%

..

>

104

22%

11%

33Va

90
82

10

73%

*16 -r

■; 94

*78

V .8%

'

.v,

88%
•

500

1,900
11,300
»'

123

"

14%

•22%

53.
*

1%

18%

1,900
-

v; '■ ■■

35

94

33%

18%

."

17%

35

16%

33%

1,300

-

20%

x73%

.>

;

37%

101

*122%
xii:

i

'16%

18%

111%

35%

35%

1

_1

•

v

34 /;
93 ?A

>93.

90 ;

-

23

123

94''

-

104 •:

t*22%

*122%

2,300
•S-

i

10%
1

17%

:

4,000

-

•1,200

32%

20%

18

3.200
7

■

■

,26%

4

♦100

'20%

27'/a

104%

•

32%
X3T%

r

..-V

7

-.

10%
v

•

100.
'

17%

94

,8%

4%
21

-

10%
38

-..34

*14%

8%'

21

.

*102

10'A
33

2,400

25'A I

26'A

75'A

82

400

500
'

31
-

*104
:

J

11%

111%

69

/;

"33

75

-

2%

8%

26%

104%

32%

11%

*92V2

2,000

3,000
:

24%

26%

*104.

16%: 16%
33%
33%

8%

4%

:.(X26%

11%

*83%

14%

(*68%

i

75%

•78

*
/

112-

eV»

27%

20

18%
'

94

*87 7.

27

,100

.

820

"32%

7
1

101V,

♦93 '1
:

18%

*92%

.

2nd

'

(

97'A

*30

7'A

32%-32%

93%

_u.__No par

30%

11%

32%

520

-

-

37,700

•".51%

8%

I

25%

75%

"

-

'.

47%

2%

8%

7

>

*122 % .123

11%

/

*31%

32

25%

,20%
17%:: 17%

-

;
DAY

13%

51%

2'A

31%'

.-*30

/;

20

1

17%

*32

1

10%
38%

^4,400
' 1,100

ARMISTICE

18%

j

*96%

97'A

8%

".

'

11%
75

,

*100

33

18%

:

52'/a

CLOSED

'

/

104%
;

%

400

EXCHANGE

'

27%

27%

'

*2 Va

7'A

25%

115

preferred—_„N0 par
41
Canada Southern Ry Co.
May 6
.,—100
21
Oct 25 r; Canadian Breweries
rNoiJar
15 % Sep 19
t Canadian Pacific Ry_T_^
——25

46%
-•96%

STOCK
m

21%

13%

2%

*32%
10%

Nepar

14

25*%

_No par

100

13%

;

2.50

;

53

52%

1,700

22%
22%
52% ?" 53 Va

;

; v

2,100

13

.19

' 200

//■

46

18%

2%

■j

13

47%

52

32

*27.

'23.

•

11%

21%

52%

;

100

'V

DAY

*96%. .97 VA

3%

A30

ELECTION

f

Shares

'

*45

<

for

the Week

14%

11%

22

Sales

>

Nov. 11
I per share

26%

14

13 Va
"47

21'A

Friday

26'A

14%

"47 :..

32 '

*31%
<

preferred

conv

47 4

2%

No par

Zinc-Lead

:V

22%

52%

Calumet & Hecla Cona
Copper_,u-5
Campbell W & C Fdy
No par
Can Dry Ginger Ale com—
1.66%

$4.25

v,

19 1

i_100

Co

11%
EXCHANGE

49

53

common—JNo par

Byron Jackson Co

Callahan

11%

23

California Packing common—No par
5%
preferred
————-50

/

2

;

,

3

Sep 28

35 Va Jun

page 24.

7

v1

36% Jan 58,

2
%

24

;

22

1,000

,

t per share

v

21%

2,200

9%

Nov. 1« 1

,

14%

12%

♦45

400

24%

9%

Thursday

I per share

27

21%

97%

pfd

I per share

♦26%

18%

Feb

26% Jan

feb,2#
May
Jun

3% Jun.27

98

:

13

12%

49

Nov. !>

xl4

21%

1,100

PRICES

Wednesday

11%

22%

preferred—100
1—;
,1
100
I:Burroughs Adding Machine—No par
)'Bush Terminal
u
:
1

3%%

'12%

*46

SALE

24

>.

15

52 %

—

13

,*12%
s

9%

26%

14%
-11%

52%

Burlington Mills Corp
4% preferred
3%%

;]

►26%

14%
11%

*2%

J0v; Buffalo Forge Co
Sep 13 '.jiBuff Niag El Corp 3.60%

Nov

26%

14%

24%

Nov. 8

y:

I per share

*11%

HIGH

Tuesday

Nov. 7

135

%

9%

X24

9%

Monday

Nov. 5

26%

135-

25

9%

Saturday

i 52 %

Nov

27, A'Bullard Co
Jan 11;Bulova Watch

,

135

25

9%

.*96%

common

68,800

30%

:—5

i

100

200

2'A

33 %

<*26%
<

—15

/—

2%

26%

(assented)_100

preferred

82%

104 ' « 104

30%

5

common

*81

2%

33%

100

Inc

81%
104

2%

2,700

26%

No par

common

RR

8i%

3,600
•

30%

t per share

1

Maine

6,500

8%
26%

33%

*9%

—5

preferred

33 %

8%

26%

26%

25

2.50

j

33

1,400

30'/a

*134'A

No par

(The)

33%
9

2%

900

87

26'/2

1—1

B^asfi

11%

x83%

*32%
;

No par

A

/....

xll%

27

*102%

2%

200

13

12'A

8%

104

2%

10

1,200

13%

13

•

40

34

2634

82%

*102%

2%

34 V
*13%

;

87

33%

9% ;

26%

*81%

.

103

103

12%
*85

•

33%

9

26%

14

*13%

12%
87

'

33%

9

27%

>81%

14

,

12%
♦85

33%

9

*No par

—*

4 ; ;Bush Term Bldg 7% preferred—100
9% Jan
7 ^Butler Bros common^
16
82/ Feb
3 -(;!
4%% preferred
ju
100
4% Mar 30 77 Butte Copper & Zinc
—5
24% Jan 27 T; )Byers Co (A M) common—No par
104% Oct
7 [i
7% participating preferred
,100

7

98% Jun 10

3

,37% Deo

27

'

inc

Stores

Sep 30 n i
7% preferred
11% Oct 27 ,1 Budd (The) Co
Oct 27
$5 preferred

9

7

May
8% May
31% May

85%
8%

:*•

LOW AND

Bucytas-Erle Co

I21

1

Feb

40% Jun
54% Sep

33%

—1

[1 Bristol-Myers

Aug 18

16% Jan

13

Jun

July

-

'

f

Nov

77

13-

3

35% Jun

14'/a
12 Va

No par

Brunswick-Balke-Collender

90

.

14

60

105

1

14.'

87

a

Jun
Jan

101% Nov
14% Mar
10
Mar

6

4% May
27% July

2% Mar
16

Deo

15 Va

6

18% Jan

Apr ; 6
13% Jun 14

10% July
114

Deo

,

94

-

73

Feb

* Mar

8%
29%

34%

*85

3,000

8%

*13%

*12

40

•

13

30%

13%

-

99

12%

8%

35'A

-No par

Apg ;4

36

13% Apr 19
77

Apr

7% Nov

1,500

13'/2 4

STOCK

17% Oct

15

24% Jun

-

8Va

*83%

*98

*29%

•*34'/2

100

Co common
103% Aug ^3 * '
3%% preferred
'
35% Oct 13 ). 1 Brooklyn Union Gas
10% Oct 27 1
Brown & Bigelow^
^
j

95,«

;

15

97

Jan

35

■

Apr 20

12%
79

85

85%

No par

76

26% Jun 27

77

,

85

85%

8%

-10

125 '

6

72%

.

900

33 %c

—

22

;

13

12% Feb

Jun

17%

30%

com—No par

18

.

16-

7% Jun

Jun

-

10

100

27

Feb

July

Dec

Xl7%

8 Va

Bower Roller Bearing Co
5
Airways Inc
:
2.50
Brewing Corp of America:
f-15
Bridgeport Brass Co„
No par
Briggs Manufacturing Corp—No par
Briggs & Stratton
;
No par

;

7

Jan

39% Nov

•

6

13% Jun 14
120

16

Jan

33

*

29% Mar 14

11% May

Mar

18

*29%

Braniff

29

14

Jan

75

16%

12%

18

8'A

Par

dags

3%%

r

3?

r

18% Jan, 3
9
Jan' 3

40

29% Feb

98 1

12%

100

i

Aluminum

.-Boston &

10

9% Apr

13,
14

Mar

81

97

12%
17%

Co_ 18 pesos

i

/Borg-Warner Corp

'

13

47% Jan

14
6'

30% Deo
78% Aug
Deo

(Del)

1,600

,

98

—10

com

Mining

Bon Ami Co
Class B
Borden

35% Feb 17
JB% Mar 30

•

20'A Jun
25% Oct

Aug

*

1,200

12%

30%

5

Bond

«•

13

2'/2 Jan

5

Apr

Bohn

,

5

97% Aug 18
»

13

6% Jun

18

55% Oct

,

21% Jun

23% Nov
24% May
124% July

Sep

65

Jun

6 Va Jun

99

Nor

120

26

12% July
33% Aug

Feb

*97

*8ya

:—:l
l

l

Bloomingdale Brothers
Boeing Airplane Co

Jan 12'

500

.

*17%

*29'/2

1

common

YORK

•; -

.

7,600

->■

12%

.-10

i

Bliss & Laughlin Inc^
.

■

19% July.28
47% Nov 10

,

9

25'/a Jan

Jan

32% Jan

7

1% Mar

••

,64

42% Apr 21
91% May 11

23% Sep

Dec

90% -Feb
17% Feb
15

8

Jun

101%

15% Mar

8%

9

Aug

38% Mar

11% May
36%

24-;

Aug

34% May
37% Jun

" Nov

25%

Feb

Co

Bliss (E W) Co

13

27

13% Nov. 10

10% May

Dec

*27% Mar
25

Jun

Nov

Sep

25% Mar 30

18

Jun

87%

47

,

13r

Aug

50

Jan

44%

26

21

27% May

87% Nov

98'

1

„i

Black & Decker Mfg Co.
Blaw-Knox Co

15% Nov* 213% Sep 16 r
13"% Jan " 8 ;

6 ;

9% Jun'15"

Apr,'
37% May
96
Jan

Dec

- •

30% Jan ,1?>

.

8% Jun

17% May
44% July

22%

I per share

38

17%

>85% >87

EXCHANGE

.

'

*37%

12'/2

•

1

NEW

Highest

.

$ per share

(per share

Feb

*13

52%
13%

:50

-

Carpet
Birmingham Electric Co

Range Since Jan. 1
Lowest

Highest

Dec

13%

STOCKS

Year 1848

I per share

52%

13%

1,500
100*

17%-

2.50

——

Range for Previous
Lowest

*97

80
100

28%

preferred
Blgelow-Sanford

*

52%

13%

28%

7%

•

38

52%

28%

Loan

Steel

38

52%
"14 '

28%

Foods

Bethlehem

16

28 y4

Appliances-.

Consol

15%

27%

Best <te Co

337/a Oct 27

33% Jan-.

29

Oct

'Benguet

16 %

15%

28%

$3.25 8er of 1946^Nopar
Cum pfd $4 divserof 1948_No par

10

20

22 % Jun

Jan

Nov

2% July

27% Oct

46%

28%

Cum pfd

j

46%

12%

Corp_*

Indus

47%

*46%

39

52%
*13%

-

•

12%

—100

Co

Home

Beneficial

>

16%

♦38

14

600

66

12%

preferred

"Bendix

48

'

52%

3,800

17%
:

"

12%

Corp

Howell

17%

17%
66

.

12%

Bendix Aviation

n.
82.

Jan

&

4'A%

17%

18%
64%

12%

Packing

Bell

■

18%

17%
64 %

.

12%

-

Belding-Heminway
Aircraft

46 %

,;16

.

17%

'
.

•'

66

127/a

RR

Bell

27%

4

i

Beech-Nut
*

34% Mar 30
•

24

25
May 10
23% Jun, 13

Oct

139% July
37 % May

13

23,% Feb

2.

125

Jun

6% Apr 13

37% May

80%

26

4

Mar 30

4$

*

9

——No par

preferred—No par
Beck Shoe (AS) 4%% pfd—„_100
Beech

Mar 21

14%

90%

32% Feb
37

;

:*13%*

conv

'

18

Oct

Nov

30

38

18'A

*18% "19
*64%

16%
38'

*52%

•—1

18%

8%

common—12.50

Co

pfd

conv

18%

87/a

19,

16%

-

*

65

'

•'♦40%'

5

Mills, Inc

''

30

24% Jan

)

1

10%

27% Jun

3%%

$1.25 div

10

.

>

'

65

i—-50

Inc

Foods

8%

*16'A

_10

Corp.—•

10%

8%

,

18%*

•

i00

Co

Works

Cigars

Beaunit

•

8

Oil

14%

10%

8%

common—_50

common

.14%

10

—100

preferred

Iron

"' Beatrice

21

1

4%%

Bayuk

5

.

preferred

Brothers

14%

13
100

preferred—1
Corp (Delaware)

Oil

Barnsdall
Bath

'.

20

16% Oct.
69

*■

15

9% Feb

Mar

22% May

Sep

,16% Mar

3

41

Works
common

Aroostook

5%

1

:

Ohio

<fc

&

Barker

.

Inc

Locomotive

Conv

'Barber

7

-

T)

non-cum

Bangor
V;

20

2i y, Jan

6

Jpn

26% Nov

.

■/". 4%

Jan/7

Feb

46% NOV

(B

( Baltimore

7

66

Babbitt
-Baldwin

,

7

,13%
-

Jun

i

18

102

39%
21

14'A

90

200

24,100

.*

VolurSe'^70 ^Number '4855

CHRONICLE

FINANCIAL

&

(1923)

15

?c.

NEWYORK

STOCK

RECORD

*

Range for Previous

STOCKS

Range Since Jan. 1

Year 1848Lowest

.J8-- Mar
11

:■

«

t^ershafe y*

f P?r share

4 y

47% Dec1

r>

«

,

•5 Feb

18

.

',.748% Apr,-.
56
Aug
\7 "3% Sep." V 8% Mar
7

40% JUn
50

-

,

7

100%

Feb

10Q

4

56% Nov

"26%- Dec
3d

'Dec. •a..

41%

-6% Mar

30

39%

-

Feb

*—123

i Feb

140

Jan

34%

Jun

13% Jun

20 V.

Jan

.15% Jun

rf 16-—'Dec

18%

Feb

14% JUn

11%

JUn

*

r6%

3

Dec

11

5%

17

21

Central

Jun

83

May

Oc t

8

10 V.
7%

Dec

15

Dec

11

18%

Dec

28 %

7,7 12%

Nov

20

Feb

33

26%
100%

'

Feb

1/64 Nov

3

7 6% July

v

9 V. Jun

'22%
tig %

Dec

Cerro

Jan

27% Nov

3

.34% Jan

T

85

45%
90
9

July

4

Feb

9

f *

Nov

>6

Jan

Jan

'

.

4% Mar

.1

9%

"7% Mar

11

Chesapeake & Ohio Rf commpn
25 ^
3%% convertible^ preferred_-_100
Chic

10

Chic l.nd & Louis

13

4% Jun

t

7

36% Jan

Jun 28

.27 :

49% July

Jan

8

15

7'

26

Dec

40

May

21% Jun

14

49% Mar

57

Jun

49 V. Jun

28

55% May

Chicago & Northwest

preferred
j.
j,
Chicago Pneumat Tool com__No

4
" 9

Sep

.25% Jun

17

•35% Nov

Jan

72%

Oct

.56% Jun

14

:77 V. Nov

15 %

Oct

May 11

13% Nov

9

42%

Feb

10

19

'■

T

■

Highest
t per share

14%

19% May
4% Apr

2%, Nov
44% Oct

*13
;

Jun

:

2% Jun
35

Jun

,

31

16% Jan

65%

Jun

•60.

29%

Jun

Chickasha Cotton

19

:

8

101Y* May

Dec

75%

Dec

80

105%

Jan-

20% Jun
105

Jun
v

78 Va May

18% Mar

23%

Nov

35 Vi

V
Jan v/

•4V2

Dec

10%

Jan

27%

Dec

36 V. May

Feb

J47.
July
92 % May

75% Dec
Dec ;

183' "

;-:/;3l7V. Dec

■

Si

15

,

Nov

'

,16
."9V.

Nov

-

f•

''"'7 %■
/
-

•

,—100 -

4

472

9*

,

1Q75

JSn

:

17% Jan

15

,;

17
Mar 22

10

8% Jun

;

24

Jan

19% Jan 24
14% Oct
15

15

7% Jun

Pitts

t

RR

Co 7%

7

*38

Oct

25% Nov .9

25% Nov 10

•

12

Apr

13

13% Oct

9% Jun : 7
7% Feb 10

25

;

,:t

2nd preferred—

cum

--

11
46 V. Feb 25

-

•27% Oct

3o»'«

*8%

-56% Nov

^ 3

12

102% Nov

.Jan

-

113 % Jun

29% May
k 11% May

;.

.

Dec

•

• 25% Jan
,Vv7% Jun

/' 36% July

4'

Pictures

' -5 23
134

23
134

.v, 6

,

-6%

xl8%

Dec

$7% Dec

v-

.

,.r.,.19{
v10%
'•■

8%

Dec

7%

xiQ6

3JV.

Dec

*,

Apr / 6
Jun 14

38% Jun
liy4 Feb

:£r.

—Nq par

165

<10
Jun.14
7% Jun 16

.16% Mar
35%

-

.

i

Jun

VI06%
42

8-

JUii

Dec

6

29% July 26

103% Apr

27

105% Apr 20
>27% Jun. 17

% Jan

/

90

-.

*"

99%-May

Oct

10s/* Mar

.

17% July
92%-Sep

-

84 Ve Mar :

93

/

Jun

13

laVeJan
:85

Jan

29Va
92

Nov

Oct

;

-40

May

/

3,60%

Incv

Commercial

99

July

' 8% Nov

13 V. May

48% Mar

64 y4

For

footnotes

Oct

see




17%

iv
•:

page

•95

Nov

." 5

QCt •;

.14% Jan

*

vn% Sep 2,9
■

•

46% Mar

•;

5

24%

.

.

*

36

.

*

May 4
Aug 29

109% Sep 14
•40% Oct 13
101

Sep 2,1
16% Oct r 6
Aug 25

Jun

102% Aug .16

24.

9% Jan
24

70% Nov

,

'

»

-

-

a,

11%

V

.32 v.!

20 ■

.20

:{;V

26 Vi

"26%

56%

56%

10

'102

Solvent!—'——No par;

47%

V4 17%
U 28 % '29

■

v

*e% :

•

>,';'3o%

,

108

.'408

,V*uv
.*43%

13% >43%

4vA5-.V. V

.

%

43%

V

.? •' • 4

'

1

43

,

11%
•;v
-•

.

U

-v;^V/vrv.v^i.

38

'7.vr;;vr>

39 •/

••

uf/W.''yi

101";'.
15 V*

*99Va
15

r.T-

'■ ••

"

i"

i 1 -V*.'

,

93Va-

20

Inc common

i.

i

*400

No par'.

7

Continental

?

Continental Insurance——.—10 :

Diamond Fibre—

.•

5 5

.*
"

8%
69%

^5Va

.101%
'

8%

/

93%

55

——

.

39

100%

'.'.'•8%

'

r,o

%

24%
4
.

69

/

100%
-

'■ '

—

^7-

V

690

*

610%

'

v1

1,800
7

"21,400
900

^

86 -.7

§5%'*■ 55%.';
47%

28%

•'

29
'

21--7 32

43V*

-:
;

16Va.

3,700

7

2,100
390

if C"./ f.
tV :
■*

r

»>

t

4

.....

•

1
"!:'

14,300
.500

»

1

?"

'','

1,200
"

p;777r:7'A

••

f:

7

27Vb.

108 (

13%
»10%1' ll1/*

7

v
(••:.•

V.

7'.'1

7 7/7 •/ ;■. 7/
•

42%

'

2,300

•

4,000

46%

/;

10%

9V*

400

1,300

,
'

i
424*
7 16%

700

77 1,700
11,500

13A*

110%

11%.:.

7

'.'A

6,4rOO

29%

5 26%

;"77>

-V""■.'•/-7:

.

v.

:ii3%'7 3%,/

11%

>

:

70%

9Va 4 9%

•

11%

-

32 Va

32 V*

111

llOVa
-

-

*100'

16

>

93%

35

35%

♦101

101%

t.

;

8'. V''- »8V*

67%

"

69 V4

S
.

%

38%
401

*100'

7

16%

15%

5 93%;

94

'*

*.

:r

109

t 38y2

101

-.415% '

111%

108%

38%

>/■ 7

t

♦ilil

~

10®

38%

V /1 ' !

10%
•

•*

,

•>\

"5

•

7* r

'

!,>'

V

461 Va

*7%
6«»<v

260
00

"..

•/.

■v'Tx"/-'■

•

V

v-

:»V*
B?

1^00

»

6,300

/i.7-7^',.

•

101%
"

300

12.900

■

47'
-77-

'

,

«•

35

'

2,600

23,500

36

ft

200

1,700
2,600

»■..... '■ ;■ >

Si''

si:

9%

*9%

i

'

.-

i'-ff 'U

[

.

29 Va
i

•;

■■.,

.^••'777,;;.'

102%

i7Va

'

/

-

..

s■ •••'.

IO2V2
1

;

V'/, 7."/.;/

20 ->>v

J*'$

10»

'

/V.V''\ .<■" ;'"7'-,7/7'.

32

/ J5 Va

•

27 V*

-

.

4,800

/

67%

'

4 31%

108

i42%

110

25 Va Vi

.

25',-i 25%

*67

•

..!

!
;

370

•

:92%

:,

"• J

J

•-$%•' "•"•'
70

"7.

7,600
700

*nv* • 11%
•113. 4, 13

713V*"; 13%

*408?4

'

r!

,

•

v

'

109 7

600

!

12%

.

10%

40

2,600

:•

13

.

12%

20'

-•••

3,100
/

13%

128%' 29- ;/■

27

2,120

-7/

13 Va

„

•

40
200

16%

12%

19%

2,500

710

13%

-13 /

'• 10%

32%- .6'wV.v^f,
110% -- • ■•■iWl
p ^

•108%

-

35%

13

'•

•

1,400

7

115%,. 15%
t)6% * 16%

■

■

/.:

16%

j

7 i 16 %.

11%

•

32Va
110%

-

.

-

3,600

95%
20

10

4,000

43 Va

16 Vz

149%

/•

•11".

1 47'.. V'i /'• 4:

9%9% /-^.7,.'__ v:

9% / 9%
.10% ,11 •

•

v." 20

108

4
/ '

16%46%

44-

/

Vultee Aircraft-——1;;
32%
com—-Np par V / 32%
preferred
No par V : niovi liOVa
V,
$4.52 preferred-!.-„
408% .100%
.—No par
38 %
38%
Container Corp of America com—20 *
*
99 Va 1.01
4% preferred—
100
J
15, Va
Continental Baking Co eom
No par
15%
$5.50 preferred
-—.No par1
,..*92% S3 Vit

preferred

y4MUr<*\

;

11%

*11-

llVa

,

Consolidated

$3.75

'

'

Consolidated Textile Co Inc—10c :
Consumers Power Co

-<"27% •[ff'-r-t
108; </■<V;- '

-x26Va

-

*

.•

12207l'V

?

.

13%

;

7,.".

V".

7, ,.7'V.,

if-

I

30

70

.v"

~

♦95

-

»

:

56%

•43

< 3%

'

'•

■

1,500

158

55 Va

.

27%

.

158

180

"

.

7/7':

;

%

9%
8% i.7 9%
.7;:./.
V.. i.; ;7.:» 9% 7
•30
'•/ 36%
30%—30%7'/".7> tv'i.V;. :V.VV..':>4
iyitv- 3«2 >
//!; 30% r30%'■
<:■< 3%
mm?*; "'.•;5v-3Va • 3Vg 7

,3%

4 V*

f

56

•

■

3,800
7 /

;

■

,

"50

'

74

v

;

7;

*71%

25% v
24% -> 25-4 .'
Jiv*"-; 11% 7

'

900

,

:

/•//:;/"

"74 ]Jt

a.yf'y

r

7 -300

.

V

•-

rV- 28Vb

.,,,

31 Va

■'

♦107%

.

Can

■

1,100
/'

•r/'1/

>

•

■-

o%
30%

;

..

preferred-————No par-,

■-

■i

102

•

Cigari—JNo par
V-*3QVa
Coppernjinea Corp—5V, t # ■■ 3%
Edison of N Y com—No par
: 27%

Continental

/
,;7;} yx.:/y>Sj\ x\

.p-

20
'

t,.7;7V 7
'

23

:25%
26 V*
26%4"//.v;»X.
56
7 56%
56
56%-r
'-.4 v/. ;:', ••■■■
MW'-tolW •«
i4i 7 101% 10217V417%j-A'/rrk-> , / Jl? v:"t-17%7:
26

2,300

136

v.13

;

500

4,000

39.

•

'220

■:

DAY

22%

>66% 7 66%
r
31 Va
31% /

20

.

'

—100

$4.50

• y

32 ' r.4

31%';

!''¥»

/•V 19%.

U

jj/.k-'-t-i'

v*66%{.' ,S7

!

'

..%32

"W":

ft

■

3

'

.7

ARMISTICE

*134%

12%

13

/:/:■'

'

25 Va

•

V%"

24%.

'24%-- M":

5,700

30%

12%

iiy«".-"il%

*12%

7

CLOSED

7

60

,

26,000

>

( 30%7
4 Va

3

?

r

,

110

•

EXCHANGE

42?%,'?".
"410 './X

PJ7%

■

33

16%

725>v,

STOCK

..

.

>

15% 7 15% /
,

-

25 7.,7.

.

.400

3,800
7

30

31

7

.20

13

24%-

•

13 VA

•

67

V, 67

•

*12%

-f

;/79T7'7'
46% 7 16 Va *7

i

■Shares

■'77

10703 ,107 »7
*63 V2
65 77/

96

13% ■/;**

13%

24 Ve

24%
11V4
**12%

13

$ per share

135% €

43

.

the Week

Noy.; 11 .;

i 44
7

17

25%

i

*1

•

„

85
.

u%:

,

Sales~for

Friday

;

/■'. 7%

11%

.55
,■

fb />.
...

'110

!

15.8% 159% 7

,

.;.^.'iv;^;::v;;/
'fv
f-i-ry/t,

•

*12%

,:V

7 7V 7/ 7 200

,

1 llVa

30%

•71'

• •

MViAfoilfb15%.'.:>{'''.,.A:,vrr-.|.;/^!..y/s7v.iiCt
:i6.%..- - v.,
%:

•

15%

24%

"
.

;

!
A

,

20Va

*16%

,

39

i v/a

1 e%,v/;.;;,v7-v7:'.f.7v'/v>i;;;;'/

•v-i6%-

,,724%

Consol RR of Cuba 6%. pfd——100' ." : 16% .16
Consolidated.Retail. Stores Inc.
1 V '*11.% ;

9% Nov '! 4

42% Apr J3

„■/.

•

„

800

9,700

7-771,400

rXi

69

'iS/J/'

:

•

134

A

96,

1,300
7

-7,100

>7/

"

169 ;

25%,'

.'22%

4..:,:,,,;/;..

*95

13%

*12»/8

•.^Consolidated GroceTs Corp—^1.33% 1
Consolidated Laundries, Corp——5
Consolidated Natural Gas
215

21% Jan : 7
.12% Mar 8

Ill

Consol

$5

4
8

yf/Uf 7

/;. 4%

;*121Q

;

*37Va

1

•

.163

13,900
2,400

h

.7

•

♦120-

7 10?%:

41%

/'/'-A2'%/-,i"43

13%

Consolidated

36% Mar 30

6%'Jun
56% Feb

t ''

.

/..vSlv/vfilVivv.:

8,100

'

7-7

^

77

"-

/"■ 69
42%

•

110-

56

24'/a-

.

43.V4

-2%
408%

-

Consolidated

21

27%
108;

,157

v

:7V V

4

32

16%

70;;

y

163 Hl>.

•

;, ,200

-

tr

29%

;• 30
.

24 Va

*107

,4> r-Ts-i

»133% 134%,

:

1,100

4-

•

,

56% 7.

■

'! 85'

■

30%

.

.

.

>

7

:

43Va

7;

*7%

>

84 7

.

'<*69. f?

.

•

f/'fr ♦28-;!.-:='!y;::7ai!^

13

13 Tb

Commonwealth Ediaop Col——25 *
V Conde Nast Publishing Inc—No par1
; ?Congoleum-Nairn Inc—
-No par

' 9

'

■:%

■

:■//' 13 V:

/:
—N° Pa*'

preferred

NftV

32

96

30% Jun

'

.

'■

.j!

„

8%

/

H6%

11%; :•:>>

v

4%

"61%

*

;

11%

F" 30%

165

.

61%

<

5

Ohio Rlec Co

So

Engineering

Commercial Credit common—

v4% Jhn

13
23

•

,106% May

:

10% Aug 22
2
30% Nov

Feb 23

'Jan

%/!..:

'

•'

"

8

12 v. Jun

15% July

-

/Sep

~

'lit

>

*,15 % May

!

98% July ;
100

Jun

29% Sep

Nov

Dec

;

51

Dec

29 Ve

•

i:

,

-

Dec

/ 29% Sep 28

3
7
30

*21% Feb 25

July

108% Dec

'

11% Mar

.

.

V2 May

25 y.

21 : Mar
"103% Feb r

>24% Jun

.

4,000

-

7'7

\UV„ f;

55,

•

:25%

.

200

7.-7"

■

; 25

*82

25.%.

*37%.-. 37.%-

?

-»

102/; 102 , 7;/.
25% 7'

101%

24.

*
- '

100

20,900

3,600

share

29%

*120f ! 469 ::;7-

•

.

'\ 76

; 55%

.

: 30

"

.

1

,

.

/•/7;;7500

'Z 13%

42 {/

.

58%

'8

(

22%■/!•. 22*f

:73

■:7a-

—100

common—No par

Carbon Go,

Superheater

7

17% Jan

.'22

May- .'25% Feb 41
V i
2% Jun .14

32"

i

;

'4'It 'Sep

^/■

v.

'

110.

•

'■.

-

V

35 Va

vr

: 32

% /

.

-,..4.

*107., .103%,- '
*64
' 64

4%

;

V4.

',5*Vi

t

'

('•

25%.

30%

$4.25 cum preferred w W—-No par •

Columbus

5

95

July

i" 29% May

Nov

?5

v;

"J

43% -": "*

109

11%

U%

rf *4 %

—No par

—-—i

Columbian

'32%. Oct 31,
22% Sep 14

+'21%Feb
-

53% July

/":' 27 % Dec
</ x?4%
Dec

-:/>;'

/

,

4

-

V

" 42?i

V.,:

:

„l_—1

Corp_-—

Columbia

.

"68% Sep 28

2

13
18% Jun 29

.

'■%

:f, .'39

,:

1;

:

com—100
4% non-cum 1st preferred
100
4% non-cum 2nd preferred—100
Columbia Broad Sys lnc cl.A„—2.50
/,/i.i Class B
—-—-—2.50 ;
Columbia Gas System .Inc—No par

20

'16% Jun 22

lne_

Colorado & Southern Ry

20

14% Oct 20
V

17 Ve Jun J 6

28% Jun

..'24'

•65 V-t

65

i

-

16

-18

6

'26% Jun

Nov

17

* 120 - • -169
*68"
70

,,

26 Va

-

i»xl6

31% '

■

•7

,

3Q%

'

Z--H, 1

;^/3,%..;'73'%v.:;

3%
/ 43

X56V*

ELECTION

84

30

1,700
'■■'

,7/

■

•

7Va

.

) 14Va

:

"

*16%'

,

11

14%

101%

25%

fff
.4

y;>f :
iff i.af."

Thursday "77

9"*-

.C^QSEG.'i/i

,

T

,20% Sep

13

J.un

7 V. Jun

Jun

104

'

"

,

120

f

3Va

.

:■>; Nev. 19

f\

3.% 7

»

102

*82

84

{*1280
Coca-Cola Internat< Corp-<
JNo par /'
43
■
:
42%
Colgate-Palmolive>Peet com__No.pax
96 ../
$3.50 preferred
No par // / >*95
i- *13% ; 16%
Collins & Aikm&n Corp-——No par
20 Va
Colonial Mills Inc_„
—20/: sjty ■ 2Q Va
Colo Fuel & Iron Corp com—No par. rx 115% %*5%
/ .*16% .17
;•'- 5%
conv
preferred—
20/

13

15.

&

V-Class A

9

96% Sep

37% Apr

Jan

1

Nov. %

7;/ *42

v

.

STOCK

56%:••••• 56V8'.,; -/;/;/" / DAY.;.% /
8%
8%
4%

/V

"107 V. 108 %

Coca-Cola Co (The) common_No par

5

.

43%-Nov

8

12 V. Jun

Jun

■;.>.?! 4%

Sep 15
July 25

:

64 :

113% Feb
•

5% preferred.

Combustion

90

8% i

*25 Va

1

Cluett Peabody & Co com
No par. V
7% preferred—100 ■.

82% Jan 28

25

Dec

36% Jan

x25 Vb

-

'

*

101%

26

.

56% ; 56%

par

Graph Bronze Co com—

Clopay

2

5

>48% Mar

.'

*23%

'31

29""

:

!'':

V'<7\,-

7'7'X

2,300
2,700

,

v..;/.

177-;

■

C„

■

6%

v

-

35Vb

.*

*; # per share

..:/ EXCHANGE ';/.:/■

58%

58%'
.

102

102

;

'

,

-

■

,

27% " 27 Va

Wednesday

"'ft

V

:
600
"7(200

5,300

r

'51V* '■ 52

-

31

cpmmon^Uvl---5 V U &%
/: *81%
preferred-4
—100

Clinton Industries

5% Jan 12

141% Sep

-

Jan C 5
Jan

13% May
78% Jun

*18% Feb

58%

58 Va

30%

,

10

—'__1001
gtd
50
Special gtd 4% stock—/—
50.
Climax Molybdenum—No par r'
;

Cleve

19

89 V

:.

Cleve

26

30% Feb

7

Dec

49
28%

Jan

29% Feb

Oct

14%

•

Sep

4

31% Oct

£

Apr 26

NOV

1075:

31% May

Nov-

20

|0% Feb

v:|V

,

54

32 V. May

Dec

V

15

*124% JUR 13

18% July
17% July

9% -Dec
20%

,11

Oct

18%

,

r

,

*

'7; 35%

:E}14%

43%":-%

43%

''.4.'.

.'

10%

*13

r

*

*31%'/ 32

if'

'+ d

5,000

81V*

"/ * 76

"

July 19

133

9

15% Jan
■

3% July 11

Apr

22%
22%

.

Feb
Dec

11

'

Aug 15

21% Jun

257/. May
26% May

& 16
Feb
{7/12% Feb

v

Aug 10

;

43

24% Jun .22
V

JulyJan

45%
96

x87% Sep

43 Va

*31

—

mFeb 17

10% Aug 23

Jan

1332

1332 July

.

108

11

Jan

137

63%" Jun

Dec

1

30 %
30%
City Products Corp,..
—JNo par
*16% "17 Vs
City Stores Co
5 1V
*24
24%
Clark Equipment Co
——20
C 0 c & St Louis Ry Co oom_„ 100 4/ *120 v' 169
*68,
70 V
5% non-cum preferred—
100 Vi
Cleve Elec Illuminating com„No par
43%
.';43%
$4.50 preferred.
:-No par ?■ *108% 109 Ve

>

.26% Oct 13

16

'62% Jun 14

*

47 Va May

v

3%

43%

—_100

Co—25

preferred__^4_T

5%%

.

112% Jun 46

Oct "29

108

Jun

Apr

Dec-

6OV4

Mar

85

12%

.

8

43% Nov

V

3Va

26,000
323,500

-

HIGH SAJLE PRICES

t

14Vi

.

'^7/1/1; ri-!'".;

/ 27% ./

''llVi

'

Dec

.134%

.30.% Jan

?!

14

36% Mar <1

;

preferred—

Machine Co
I T Financial Cofp
No

C

1

68% Sep 28

108 Va

Oct

137

.4

'

Dec

34%

*14Va

rl

■V

'V

/ 27%

{7 13%

pper share

.

1,200

,

,

•

*10%

51%

Nov. $

9.per share

^

*

ft

:v

f27Va/ 28 Va
.

;13

r

.,.77/:

ivi--

28%

3%

-'76

Nov. 7

6,200

600

28 Va

Mondayv/r-Tuesday:'vj'
/

100

.

'

28,100

U Va

35

P7'"..

23'V-

'• 7%

30 Va

'/ 20%

'T

J

13%

14 >%

City Investing Co

'■■■yUp *

39

i

21

19% Oct

.

'" Jun

69%/Nov-

.

6

Sep

30% Nov

3

-

20% Jun

July

111%

•

22% Nov
105

,

Jun

88

.

,

34%' Feb
■■tK

Jan

16

43

Jan

,

176,

,

"86

17

25;

.

May
38% Aug

fj;

./July

1

70

:

7

/.

(-27%

■>

3,400
7

.7".'.';

"?

■

' 28

77

433^ —3%

common.

Copper

4%

Nov
2
3% Apr, 16

v

-79% Jun

Jun

33

27%

7,7

y,.

-

:

6%

'51%

1

35%

:|/v4,*i3

■

'11
:

3,000

.

3

<»'•

7

>•

100
300

.7.,.
,

/«.;•; :■/ 7;4
V

'

9 V*

•

>

'

.

9%

3Va
7%

:i

%

-

.4VB:V'4Va

"6%
y

vt

',

£

1

.10%. UVa
'in X ii'/a
•"18%:' 19 Va

ll'/a

■

>

1
!

96 7 '•
,7Va

81%
/,

600

1,200

i ■'{ V

..

428%

/ 19 V'2

19 Vb

*

„

J " /" %■

.

X

76%

'

13%

['

•*

•„

♦22%

4%
9 Va

€ 3Vi
' ■ 7V2 '

52

35 Vb

■

76%

?14

Cincinnati Milling

'58

3

6% Feb 25

21

Jan

27% Mar
176

42% Jan

84% Apr

24% ; Dec
15 V.

26% Aug 18

:

Jan

-10

'

■

9 per share

Cincinnati

105% Sep ,7

48% July

Jan

.7%

35%

\

■■

'GVs

t

*

.

f' l

13% //.

/

t

•

..11%

*6% ""

' 4.

:

'

.

f
*

.'

-

*

?.R

V

/;95 Va

.

si

'11%

s

,27%-:, 27%

28%

f,

9 Va

/:'/

■

t

6 V*

;^22

128%

?■/

LOW AND

Chrysler Corp —:_4——25
Gas & Else com— »_8.50 '

.»

11

.

Feb

*20

May

"22

vr//;:.v...:.%' ;

28

28

Nov. 5

Oll_.

95Va

V 6% s

:

.-.2R

27 Va;

>,

300
.-•'••

18%

,

;7>43%

.95
7

>48%

4.4 Va

r27Va

v'.

I .7-/7'

,

'

■'

27%

&
■■■

"7-

.•'28%,:. ::/-'-''

74/*50%

52

'

Chile

•32% Sep 16

Apr 25
97% Jan
4

Co

5 Va %

7

Jan

59% Nov

26 %

Childs

7

Jan

-

36'

-.

44% Jun 14

Feb

36%

" 8

28

Saturday

Par

13%
'27 V*

7,'

4

28

par

No par '

EXCHANGE

5 V. Jan/

,1
16

.

Jun

Nov

.27

7%

100

f

1/256 1/256
s ll% >, 11%
,;/
i
7 Vi, v 7 Va

"

7%

.

-

.

4:

11%:

4%

:

.

,

:/■•/■ 29% "30%-'
4;-7:11% ' 11 v^

10,000

..

I

-

-

15V*

?85% V 86 Va
y. 9%
9 Va
113 • ,. 13 V*
}12.%
12%

.

•18% 719%;

"

20

50%

-Nov

preference

9 per share

;

6

.

23 Ve

19% Nov

28%

NEW YORK STOCK

'

790

11%

,

,

9 per share

63 Vi May
42
Jun

Feb;:

31

;

<

convertible

Range Since Jan. 1
Highest

Lowest

.

9 per share
Feb

29%

11%

j"

J'

>;

,700

280

.34,%
34%
*nov»;iiiVi

12%.c

41%

iV/-:

STOCK8
V/

Year 1948

Lowest

>

7 t

—

Range for Previous

,77

29x/4

-

>

'

: * x

3,800

4*3%
3%
113%.(.13%
4 8%
8%

1 7%

.

.11

3%.

-4*3%

t
*

,

1.7 Y*

15 V*

1/256 1/128

■

7

/

/
7

i*8%t,i .8%

10

:

8i

4r///;wf.yr

12

100

;

18 V*

(47 Va
'

13%

<.

42%

.11%

i,

••.

18

:

f»% :

9%
*13
,

6%'

' 3%
7%

/

V.JL

9%

t

•

•/%V;19%-;/ 19%

•

*3%
/ 7Vz

28
*50%
Chic Rock Is & Pac RR Gou-No par «•
; 35 V.
Conv preferred series A
"—100 /K; *76%
Chicago Yellow Cab—.
Nq par
*13,$3

9

July

25%
45%

:

t

pV *28V.

No par
—100

com

5%'

29% Mar 30

1
'

p
;

Chic Milw St Paul & P vtc__No par
;
"Series A preferred vtc_
—100 *:

33% Jan

14

9% Jun

9%
11

8,300
5.200

28%
29 V*
*102% 103 Va
138,../ 129

.

.

33%
3.4%;
110% 410 Vi
86 %
86%?

.

81V2
.4Va"'.-v"#'v

4Va

9%

10%
11%
12Vb
18% / 19%
*6%
7,

.

Ry Co class A__25

...,,

.

*80%

81 Va
4%

10%

.

Class B ———j—.w—,.-No par ■

8% Jan

t

Jun 13

:1T '

23% July

Jan

5% Jan

•

13

Jun

...

A-

,,

101%;

8%

«%

.

28V2

■■

*9%.

40

20% Nov

3

'

.,

28%
*80%
*4 Va

:

111 RR Co com__No par

A

.12% Nov

Dec

<"

& East

Class

May 16
11% Mar 30

14

Jun

'.

■

v-'-.r,4

;

300
1400

••

44%
'142

101%

*.13%,, 13%

*v:»"}
■:

Vv

29V.

28%

m.

Chicago Corp (The)—
—1
Chicago Great West Ry Co com—50
5% preferred——...
'
50

12% Jun

*28%,

:

f

t

12

33V.

v

1

No par

7 7% Feb 24

13% July
41% July

30
Apr
-13% Dec

13

Feb

7 5% Jun 28

15% July

34

3.3%

34

/

1

110

......

7.

Feb "3
5% Jan 21

13

Jun

9

22% July

7% Jan

-

3% Jun
•'•

12% July

.

:12

-

Jan"

8

17% July
14% May

7,%'Feb

.
•

5

ProduptS

Champion Paper & Fib com—No par

7

70

Dec
Dec

13%t. 13%
8%.. 9

.

1

■1

,

;,

5%-

,

,*3%

Vi

hfiti *28 %.:.!>'t
28% v%h x27Va ...28 % ■ i rhifufy ^/,4/i i
$4,50 preferred..^—.
iljfi•»
_No par .•>/*94%.'. 95Va t
Checker Cab Mfg—' *6V4 "• 6%
*6Va
6%
a
■",i
Chesapeake Corp of Virginla^^-—5
*21
22

28% Nov
3
.98- ' Oct 14
7

76 Va

'

"

■

8

July
Jun

8% Jan
28% Jan

31%

'

*

13 V4

*141 <.

; 2,400

;..

.{DAY '../.

7

-,/32Va.;V32Va

18%

8%,.

7

.

3%

3%

'43%

"armistice
v;

:

•

400

.

7j

t35 (■ 4" 35 y V
8V«;
8V4

t
•

28%

18 V*

3,000

t

"

Certain-teed

Co

3,300
130

it closed•

31%

•

«15%... 15%

;

(17 y* /,; 17V*:
v'. 15%
i5 Va'

.'V

'

6

Belt

"•!"

stock
EXCHANGE

■V

101;

300

-

t31%.„ 31% 7}

4

103

103

9ii

*8%

142

128,-130

,

:rV-'r?.

15 Va

2

Chain

100 Va

,31%

101% 7/

28%

V

.14% Oct

17% July la

Jun

No par

,

32%,; 32%

7

18%.
; 1'.:
*17%' 17%..,vv/-

..

i'i

V: 'j

44%

>.

139 <

101%,,,..:

28% Nov

13
!91
jun 14
5 V. Aug 31

May

Co^^-S.SO

400

♦56t.,'.F. ;i 58 u1/
<;
8Vb :
8%

-

/

101%

18%

...

•

9

■

'4/;.<vv; --O,

•

/t-f-"-"-'-!—

Copper Carp^-i.

32%

"

■

;;0

141

15%.

8%

•

..

" 55 %7

•

.43%

:•.'••

;i,7U10%. 110%
> .;»85% ... .87
vvj/v v/f
>MV-.;
*86%
/
9%) •;|0%>nv>« '///"/'•i-' Ji.'lf
*
/ 9 ;.
10%
13%V-14/| :;4'v/
4y
13%
13%
12% .12%. ....
12Va
JL2%
1/128 1/128, ;r
.in» 1/128:1/128 :
4
v/..-'."*
i' / f 11% ^ii% '":///«".:41%,;,. 11%..,
■i, J.
*7%
7% i
4/ £ .'' -.7
t.
; *71m i- 7%
/ ■ 18%
18% CG 0 19 1. -19%
14
14V:(i..v.,vr-."r
r
;•
14 ; 14l/«

West Corp eem_6

;

;c35

'

87% f,

50

de Pasco

....

3%

•

110

j class A—50

N

16%

34

.•

t;; ;■,'

14

Jan

15%
30

Co of

South

Central;: Vlblieta^Sugair
Century Ribbon Mills

11

'

'7%

25% Mar

&

;

9

/

*-^-^.-^—100

Corp 3-40%* pfd—100

B

'.Rights

81/* Mar 39

•

21% Jan

RR

Class
Central

"13% Oct 29

8

'14% July 13

Apr

'

7

r

*

127

'.13%

.

.

•

*101%. 103yr.fr
y.
.128
' ■«':*/■■& sU'iV

•v.,.

*3%

;

DAY.^i!;/'

s„

"29V2 7'28% ,/29

8%

r

.

4414- .44%,«•'r.'

.

15%

1 ,,'

preferred

Central

10
7

Jan

SO

11% Oct

5

U>

Jun

",.'17% Feb

4Va%

Central NY Pr

.14% Oct

Jan

24%

4

*13% Oct

May

.7

Oct

.•''•■/

17%

By Co vtc
No par
preferred series B Vtc^.—100'"

35%:

.

32.,.;
401%.

•17

'

58

,

.

141

•"*15%

t

.

1

rs%

103%

18%

of Ga

i:i2.; Sep
9
;88% AUg 24

5

Jun

an

Aguirre Sugar Co____4.—__5

'

35%

101%
.

127

•„
'

Central Hudson G dt E Corp__No par
Central 111 Light common
i.
0

1/256 Nov. 9
; 9%Feb ?8

May

•

'

par

Foundry

5%

13

13

1Q % Jun

29 V.

•101%

■

13 V. Oct

•

preferred-.

Central

"8

Oct

35

2

.79% May 24

"

eomTn'on/__-l—No

Corp

Central

7

9

104% Jan T3

;

V

.

*.56

.

31% ; 32

*f-> V

Shares

r

„

141 Va

141%
♦101 %

the Week

48

*15% ',45%

*15%.'; 18 Va

•

*56

44%.

.44 V*

'

'

7-7

Jan

24% Jan

4

-33%N.v
108

6

,12% Jun 17
6% Mar

-,/, Oct

7*

11% Mar 14

14

1

8% Mar

100%: Nov
:::74

Celotex

17

Jun

.^4-,_,-100

1st -preferred-j——^-~No par
2nd preferred——-~___110O

29

Jan

4.20%

'•

"i

8V4 %■

.

Sales for

1

t per share

,

v..'.•vi.''

-

35 Vi

'

*8%

$4.75

"'■VA

16 V.
*35

.

Celanese Corp of Aiper com—No par

7

26% Jan
18% Jan

17>

Co

«

48

49%

*48

■:

'

-

,

1

38% July

;.y 22 V. Dec

15

(J I)

Preferred

32% Jan-v 7

; 7% May 31

Sep

12%

Dec

9

Mar

7

'

"

I-

<

Jnersliq're

y* ■nct-s^xe x

r.
58;:%! v,',.".
8Va,:'8%
-8%
8%::s%. : ..STOCK
:•
100% 401
,./
100% 101%,
..exchange, it:
31%
'.31 %., 31 %:,<.;
SEP •{£ 7 31. ^ 31%
*30%
31%.
31% %vv3l%,:/.?i%'.; i:;/,-'/
'.; *16/ • '".,10%': "■
"15%
16
,N. ELECTION
16% r„

>■•31 ya

in

48%
15%'.'v

•«"

"i

101%

31%

common^.—,*—..--.25
7%
preferred—--..-^
100 ""
Caterpillar Tractor' common.
10 V<

131% Jan 7 6

.^2%." Feb
7"l7%7Dec
.6% Feb

Case

13
13

JUn

xI14

'5 %

1

105

May

.

NOV

34% Sep
102% Sep

Apr 23

<;

.

142/

-

4

,

7/'___.,

common

j

Conv'preferred 4% •ferieat*_^_~50
Carriers & General. OojrpJ—^.
1

48%

Friday

Noy. 11,

&.„No*./l0

t per share

,

15%

f-

..

8 E'B

r

'100%

5 "

Carpenter Steel Cn

Sep 29

44%,Nov

11

97

1

Carrier -Corp

Light-No

■

58

8%

.

pax

7 •;

8% Oct 17

'ft

$ per share

fT

15 V.

♦56

,

1

o

Carolina Poorer &

.

10

July

,

Capital Airlines Inc..—*

100 /•

.^7%

;.•••

■26% Jun
7
100% Aug 29,
23 % Apr 22

Jun

105

Jun

131

147% July

97

-

;30% Mar, 4
76
Feb 24

May
-62%-Jun

Feb

22».**Feb

j

:

$3

Carolina Clinch & Obio Rjrw.

Feb

49%

15%

claSf A common—l,
preferred A——,
10
.

16% Oct 27

14

.12% JUn 14

Jan

9

35%-Dec
130>«

'25% Jun

f 47%

-No par

Capital Admin

3

'**,

Thursday

Wednesday

Nov. 8

Nov. 7

4 per share

PRICES

SALE

HIGH

ANB

Tiiesday

Monday

Nov. 5

31% Npv;; 4
35% Jan 29

26% Jan 17

.

Jan

"43'A

'

'

;

k

!", 19% May

7 -'-12 Vr-Dec'
.♦~j3G r -Nov
7-

""July

32

'Saturday

-

Par.

; 9% Oct 31 "
108

7

LOW

v

STOCK

Cannon Mills

Nov- -ri

.

/l&% Oct 36 -I'
-

YORK

EXCHANGE

;

.

per there :

49

23

jun

$

NEW

i

k

1

;

t

;s

;

A

Mar

5% Fe b

v

110% Nov

,,

9 per share

~;12% Mar 23

May

V

Highest

Lowest

Highest

fl

V

■

.

.%

■

cV-ftn

'

y"

WV"4

•"

- -

■■■>

&■

440

7.600

/>
.

200
$00
\ c»m

16

.

THE

(1924)

COMMERCIAL-&, FINANCIAL CHRONICLE
NEW

NEW

Range Since Jan. 1
Highest

7

10%

Jun

5% Jun

14

8% Jan

Feb

69%

Jun

47% Feb

11

65% Oct

27

Continental

Oil

19%

Apr

11% Jun

14

16% Jan

3

Continental

28

6

19% Jun
x49% Mar

68

9

Feb

13

43% Mar

21%

Nov

15%

Feb

57 y4

12

Nov

23%

88

NOV

86

Jun#

7
1

Corn

3
19

3%%

28

Cum

57

Jan

6

8

65 % Nov

3

Sep

4% May

3% Mar 23

Jan

9

Deo

1%

Dec

3%

Feb

1% Jun

13

2% Oct

31

Feb

39%

Jun

21% Jun

13

32% Jan

7

98%

Jun

96

27

92%

8ep

8%

13

Deo

24%

NOV

Dec

23%

Dec

27% Oct

18

19% Jan

7

S
14

42% Apr

13

$2

29% Oct

13

Jun

Feb

103% July

94
90

May 24

Jun

28% Jun

15 V« Jun

78 y4

Jun

55y4Jun

30

26

34

Jan

21

12%
155

Feb
Apr

7%

Deo

160

Jun

May

5% Jun

13% May

160

$4.20

7%

8% Mar 29

Corp

Cudahy Packing Co
4%%
preferred

Deo

24%

16

Feb

28

23% Oct

26

24

8>/4 Oct

27

Jun

14

145% Oct

28

87

43 V* Jun

28

52 y2 Nov

9

3

*9% Apr

4

14
Mar 14

24% Jan

7

Jan

21

26% Jan

7

4% Feb

4%

Feb

12% July

7

Feb

28 y4

18%
133

Jan

21% Mar

18% Jun

Sep

137

July

y« Jan

133

137

7

19% Sep

x31% May

101 %

•99%
100

4%

4 */s

4%

100

64%

*99

"

100

100%

65%

182

4'/a

100

65

182

4%

20

65

*181%

4Vs

270

1,400

182%

60

4'/a

2,500

4'/«

*2%

2%

2%

2%

2%

2%

*2%

2%

600

27%

27%

27%

27%

27%

27%

27 '/4

27%

4,200

*101%

103%

*101%

*101

104

*101 Vs

104

104

12%

12%

13%

13%

14

13%

13%

27%

27%

27 Ve

27%

27%

27%

500

15%

16'/a

15%

15%

15%

15%

*38%

3,700

40

39%

40

39%

39%

40

40

Curtiss-Wrlght

28%

28%

28%

28%

28'/4

28%

101%

101 %

101%

1,60£|

100%

100%

100%

100%

200

100%

*98

101

*97%

100 y4

*97%

17'/a

17%

16%

pfd

17%

58%

58

'58

23

23

23

15%

15%

15%

*160

180

7%

*160

-7%

7%

-----

*67%

71%

•67%

*11%

11%

11%

*22 %

23

<

••

7%

-

7%

;.

53

7%
20 y2

15%

*160

180",
7%

70

l.

15 %
180

1,100

.

7%

67%

*11%

11%

*22%

23

*22%

•

7%

67%

11%

23 *

7 '/a

142

20'/a

*

7

7% ;

20%

7%

20%
*136

'

21%

100
.

4,700
820

1,500

7%

7,700

21

2,600

140v

21%

21%

1,200

*

D
9

15% Mar 18

Jun

13

Jan

;

4

96

Aug 18

5

14

Jan

Oct

94%

Jun

87

13% Deo

20%

Jan

11% July

14%

Deo

17%

Jan

15

89

Jan

13

24

17% May

2

Dana

Corp common..
pfd series A.
Davega Stores Corp common
5%

Davison

Chemical

18%

Feb

28% July

xl6% Mar

8

22 Va Sep

Feb

31% Aug

26 y4 Jan

3

31

82%

Nov

94

Jun

92

Jan

4

98% Aug 18

Preferred

3.75%

84

Sep

94

Jun

92% Jan

11

99% Sep

22

Preferred

3.75%

29

8%

Nov

15%

Jan

7% Jun

30

12% Nov

9

Dayton

8%

Sep

13%

Jan

4% May 31

9% Jan

7

Decca

27

Deo

42

Jun

17

Jun

14

29

31%

Dec

46%

Jan

30 % Jun

13

43% Oct

27

29%

Feb

34% May

31

Mar 29

36% Sep

15

38%

Jan

50%

26

7%

Feb

13% July

Jan

12

Co

&

7%

13

40% Jan

21

Delaware

13

9% Jan

7

Delaware

20

Apr
uec

8%

Dec

21%

21%

21

27

27%

27

27%

47

47%

ctfs

for

2

14% Oct

26

Derby Oil Co

20

3

23% Sep

16

Detroit

Delaware Power

26%

Oct

15

Jun

14

24% Mar

11

16%

Jan

11 % Jun

20

13

19V4

Deo

35% Mar
Feb

38

2

Mar 29

Rights

13

3

Jan

7

Diamond

1

9% Jun

14

12% Oct

19

Diamond

13

9% Nov

4

Diana

12% Jun

IS

17% Oct

13

Distill

Lowest

Highest
$ per share

NEW

Highest

t per share

Dec

20%

Oct

9% Feb

24

17

Jan

8

Nov

41

Jun

24% Feb

14

35% Nov

10

Deo

58

Apr

45 % Jun

13

53% Nov

10

Deo

23

Jan

10

12

14% Mar 29

40

Jun

25

Jun

July

1

11%

Nov

19

Feb

12% Jan

Nov

67%

Apr

48% Feb

106%

Nov

31 %

Jan

98

83

12

Deo

12% Dee

20
18

Oct

43
Apr 29
101% Apr 22

Dlvco

Corp

04

Je

Fel

II

Dee

124%
99%
116

15%

4

11% Mar
8% Jun

119

Dee
Dee

0%

Jan

106

Jan

8%

28
3

112

Jun

9% Jun

20
13

66

Jun

11

16%

Oct

Feb

13% Feb
1% Not

48% Dee
12% Dee
19% Not
x68

41%

v.

2% May
17

Jan
Jan

14
14

Jun

164

Jan

21% Jun

-

5
7

14% Apr
88

13
i Jan 12

34%

EXCHANGE

34%

33%

34-.

EXCHANGE

No par

17%

17%

17%

17%

CLOSED

17%

16%

17%

CLOSED

Dome

Mines

Ltd

Douglas Aircraft
Chemical

No par

Co

2nd

conv

Corp

Kagle-Flcher
Eastern

94

,

14

2% Jan

17% Jun

28% Nov

Jan

75

49

Oct

42% Jan 14
23% Aug ?2

29

9% Feb
•0% Feb
99

Sep

4

Dee

16% Aug

17

14% Jan

-6

34

Jan

104

Jun

100% Jan

24

6% Not

4% Jun

6

16% July

65% July
68% Apr
9

X29% Jun 16

-9% Jun 13
-48% Jun
55

it

July 12

Jan

3% Feb

25

9% Dee
7% Mar

20% May
11% Jan

6% Jun

13

94% Dee
9% Dec

49% Mfcy
7% Mar

foot no*

«ee

nape




6% Jun 28
36

Jan
Jun

24

4

15

-

Nov

Electric

*7

5%

123%

123%

100%

*100%

114%

114 %

114%

114

%

114%

114%

114%

10%

10%

10%

*10%

10%

10 Va

10%

18%

19%

18%

18%'

16%

15

15'/a

8,500

14%

12%

13

7,300

60%

18%

15%

15

15%

13%

9%

43%

*9%

43%

187

9%

9%

Jan

5

43%

43%
190

43%

Erie

61% Jan 24

5%
Erie

31

5% Sep 28
10% Jan
7

10% Oct 26
3

6

Electric

RR

\

'4,000
500

*92%

93%

93%

,93%

94

13

13

13%

97%

96

96

7%

7%

7%

14%

35%

35

35

*1%

1%

1%

40

40

12%

11%

11%

12

12

27%

28%

26%

73 Va

73%

40

-

v75

10%

10%

10%

73%

26%
10%

17 Va

.

17%

*48

17 Ve

17Va

51

*48%

17%

17%

34%

33%

*100%

101 %

*100%

101%
6%

6Va

6%

*10%

10%

10%

10%

100

*51%

52

52

52

*56

60

*56

ftO
J

.
.

10%
17

33%

-

*4%

*

ft

8%

60
*

4%
8%

Eversharp

Inc

1

9%

9%

Ex-Cell-O

Corp

3

*53%

53%

2 0e

*3%

3%

-

6 Va

.

<.

4%
8%

9%
53

*3%

8%

v

10

400

38%

2,100

14%

35%

1%

1%

39%

39%

;

12
26

73%

,

r

69%

50

500

.

*'Vv
?

-

:

-

V

12

200

3.700
400
.800

26%

16.400

71

1,400

48%

27%
17%

17%

17%
34

101%

1

6
10%

♦56

4%
8

;

10%

49

25%

27"

101%
6%

10%
52

10 %

209

c

17'/a

.

10%

•"

1.400

i

17%

3,700
13,600

-

60 ■"

4%
8%

10.

9%

9%

.53%

53%

*3'/s

3%

17%

17 %

4.400

*337/a

53

3%

;•

7%

38%
14 %

:

34

,

51%
"

4%

2,900

'

27

17 %

17%

34%

'.

40

40

13

97%

-*34"%

-

28

40 Va

•

;

1%

28%

1

»

1%

90

7%

14%

*34%

.35

■

26

-

*95%

7%
39%

15

No par

Pittsburgh RR Co

7%
38%

39

1%

190

12%

38%

26%

.

13

97 %

*14%

51

-.106
1

12%
*95%

-4

Bldg

common

Exchange Buffet Corp

*92%

94

*26%

1

1,400

10,700

17%

*48%

ft

9%
43%
27%

3

10

1,600

17%

96

common—.2$

500

27%

12 Va

-

5

17%

*186

38%

70

-iV..' 1';

28%

190

35

-

;

17%

26%

06

230
!;

28

;

*39%

,

500

.

17%

♦186

.

14% •14%
;

•/■/..:■

28%

*7%

-

400
'

17%

38%
C

Mfg Co

Eureka Williams Corp
Evans Products Co
'

9 Va

43%

59,200
■

„

28

*92%

1

preferred series A
&

9%
44 Va

62

1237/s
101

28

*27%

1

(The).

Gas

Equitable Office

14% Jan 21

..

60%

*186

-12%

Radio & Phonograph
Empire District Electric Co_

13

61

187

-*17% -17%

*95%

Emerson

2

2,300

1G0%

*

14%

common.

Natural

500

13%

13%

123%

,

15

~ioo

conv preferred
preference

El Paso

18%

59 Vs

■

-

18%

.tie

5%%

5

;. v

'

18 %

100%

/

16

Electric Storage BatteryNO par
Elgin National Watch Co
If
Elliott Co common,
If

10

13%

7,300

123%

\

18%

Convertible preferred.
-No par
Elec & Mus Ind Amer shares

12

6% Nov

5% Apr

118%

13%

16

106

Endicott Johnson Corp
4% preferred

53% Nov

18

j.f-

1,500

-

58%

*9%

common.

Auto-Lite

Electric Boat

May 16

Jan

X

/

13%
82

♦76
*

6,400
•.=

DAY

109%

17%

82

15%

It

preferred

Products Co

34 Va Nov

■

\,£s.

13%

109

18%

*76
.V--

ARMISTICE

100%

18%

1

Emerson

68

110%

18

■

15%

log

13% Jan
7
18 Va Oct 18
17% Nov -7
104

■

800

700

9,900
1,400

51
107

'

Co common

preferredElastic Stop Nut Co,

51% Oct 21
;

V

50 %

*.106%

.It

4% %

13% Mar 24

Deo

-

250

66

51%

110
'

300

123%

100%

10%

S

4 Va %

.65 %

300

51

107 %

_1

Manufacturing Co

Ekco

5

51

13%

59%
124

•114

.1*
Inc—

Edison Bros Stores Inc common

2

34% Jun/17
10% Jun
g

12 y8 Jun

13%

100%

8

preferred

Eaton

8% Oct 18

I Jun 15

Feb

6%

43; Jan
7
15% Apr 14
36% Oct 14

14

19

Eastern Stainless Steel Corp.

Aug 12

May

1

Jun

♦18

13%

180

common.

Eastman Kodak

7

33% Apr ft
12% Feb 25

8%

19

351%

67 V«

51

"

Apr
f

Corp

1st pfd

Co

Airlines

astern

18% Oct 26

101

13

♦18

58%

16% Mar 29

18%

12'A

35%

106%

*

DAY

82

♦123$

20% Mar 30

18%
*76

ELECTION

*11%
-

& Co—

Common

Duquesne Light 5%
DWG Cigar Corp

17%

110%

18%
84

8

4

32% Mar 18
1% Jun 13

110%

110%

18%
♦77

No par
(E I)

-34

66

51 %

107 Vs

1

International

-

67%

50%

*106%

100

No par

19

r

110%

80s

67%

51%
107%

•106

No par

common

preferred-

68

51%

-No par

preferred.

Industries

♦67

18

common

No par

32% Jan

Shares

fper share

*34 Va

series

26

for

the Week

34%

series

Oct

Nov. 11

f per share

34%

$4.50

13% Jan
7
47% Mar 29

Sale*

Friday

Nov. 10

$ per share

—I

Corp.

$3.50

202

Thursday

Nov. 9

$ per share

STOCK

Prefemed

5

V

10%

Preferred

-Nov

Wednesday

Nov. 8
*:

10%

1

16

Tuesday

Nov. 7

10 %

$4 preferred series A.

10

Monday

t per share '

'/

10%

124% Oct

12% Jan

■{

Nov. 5

102% Aug 26
115% Jan 12

94% Oct
Jun

i.

10.

10% Feb
6

/

I per share

Nov

48

4% Jan

For

62

Jun

13% Jan

11,400

10%

Dow

jun

29% Deo

16%

*50%

2

27%

9% Mar

16%

50%

20

74%

20% July
16 y4 Deo

16%

PRICES

50

51% Nov

110% Nov

Saturday

; •<
;

SALE

STOCK

Doehler-Jarvis

Deo

13% Feb

97

37% Jun

56%

15% Jun
13

STOCK

HIGH

53%

Dupian

14

LOW AND

10%

11

Feb

Jun

39% Not

16%

3,900

53

14 y4 Oct

13

10%

3.500

9

10%

13

38% Jun

93

11%

9

53%

Dunffill

14

19% May

ll'/a

9 Va

*10%

11

7% Jun

93% Jun
16% Jan

ll'/a

9

*53

20% Oct

Jan

Deo

500

11

16%

No par

8

97% Jan

Jan

Ms r

9

16%

11%
9'/»

ll'/a

21%
35%
41 VA

No par

3%%

14

700

35%
41

A

$3.25

83

21%

35%
41%

35 Va

Pepper Co

Class

Dr.

Dresser

Dee

12

21%

400

•

*41

11%

2

Jun

11%

21%

35

4

22%

33%

1,500

35%
41

700

11%

86% Jan 21

46% May

400

:

35

24 ye May

7%. July 11

175

11%

''•"-Ue-.'-J-"

*<%<■.'•

6%

12%

19

Not

Sep

11%

57,900

32

57

35%

20

3B% May
20% May

Feb

12%

*53

*11%

29

19%

86% Dee

*11%
21 Va

57

*35

Sep

Oct

18%

23'/2

.

12%

Sep

Deo

157

23

/ ;*V.(

t

•35%

Apr

11%

Deo

7

23%

t

*34%

17

is

13%

2,000
1,400
4,800

•:

23%

*21%

9

i'v;-;;!;•

14

22%

12%

*12

16%

47

23%

x41

8%

22%

*11%

78*

Jun

373

•13%

hXf

&

X35%

16%

-46%

14%
22%

1,900
2,600

l

101

Jun

14'/a
22%

/■

2,900

„•/'

No pai

Jun

Jun

!•;."»;>♦ $

1,000
1,300

/

•/ 1 6%

22

_

Du Pont de Nem

111% Aug
10% Deo

•'

12,800

%

42

S

Dixie Cup Co common.

July
May
May

43%Jun
113%

*21%

Par

108% Sep

7

82%

YORK

34% Nov
4
18% Sep 20
72% Oct 24

3

47

Xl8%

12%

EXCHANGE

13%

OCt

12%

-

1,000

V-'.

38%

6%

36

$ per share

46%

Jun

23%

_80a

7%

8

24i/2

6%

36

...

:

25

50%

23%

2

29%

7%

*53

42

Co

*29 Va

..

*"'■'V-.

STOCKS

Range Since Jan. 1

106%

*23%

v";•...'■

;>;•

%

28

Car

Motor

T

29%

24%

'

Year 1948

Feb

6%

'

.

57

No par

common

preferred

Stores Corp.:
Corp-Seagrams Ltd.

Range for Previous

Feb

Match

partic

6% Jun

Feb

6%

12.10

Devoe & Raynolds class A

40

45% Feb

97

.■;**• '
%
;
*53

57

*6% ..:

1

21

80

%

Corp

20

xl9% May

14%
22%

6%

Vllbiss Co

6%

14 %

22%

ft

Steel

16% Jun

22% Nov

47%

14

%
1

35

7%

22%

*53

±uu

Detroit-Michigan stove Co
De

,

38%
*34%

8

7%

.47%

24%

34%

28%

29%

/S'iV.' fe

39%

34%

/■::

-

13%

——

Detroit Hillsdale & S W Kti Co

Detroit

*23

■/-.

24%
38%

■

35

22%

31% Sep
37% Sep

Mar

Feb

8

Jun

13

29

(The)

C

25

39%

*34%

8

*47

Edison

Jun

Dec

Lowest

1(K>

46

11

$ per share

pfd

28%

46% July
19% May

1

100

com

24%

X38%
-

—

5,400

21%

28

Escrow

3

87/s

21%

24

7

8%

27%
47 %

50% Jan

10

130

21 %

14

'Jan

9

-4

4,400

28

34% Jun

% Nov

8%

—

——

12

21%

58

9% Jan

87/a

11%

;

27%

_No par

Western

for

58

12'/a

'

21%

ctfs

7

98%

30

& Light Co
13.80
Grande West RR

Escrow

9

97

*96 %

29%

13

29

I

*96%

98%

11%

12

8%

^

'

\:

2,67/0

96

*7%

16

Jun

11%
8%

11%

8%

V

30%

30%

96

*96%

29'/«

Oct

4% Jun

♦11%

ftOe

.;C-:•••*': V.- ;<'n,?://.:.+.,

1,700

29%

98 V2

V;

21%

10

Sep

22% Mar
Dec

80a

&

29

50

*96%

•

16%

21%

4,000

:
'•

13%

100

Lack

22

Jan

98%

30%

*16
,

12%
96 r

35

13

13% May

96

96

*96 %

16%

21%

1 3 '/a

42%

20

60%

30%

95%

*95%

100

*95%
*

24%

Jun

& Nov
b<5

30%

30%

108

..

21%

12'/a

v

13%

24%

Jun

Jan

21%

12%
96

13 Va

42%

19

21% May

21%

serlea A

Hudson

&

*16

21%

11%

35

39% July

July

*16

16%

21%

28

13% Nov

32% Mar

16%

*16

1

12%

serlea B

common.

Denver & Rio

Feb

*

12

7

Inc

19

14%

*95%

13%

(Tho)

preferred

Jun

•

96

*13 Va

Deep Rock Oil Corp
Deere

5% Jun

Jun

♦95%

14

common

Rubber Co
Records

96

*13%

20

Corp

Dayton Pwr & Light

12

*95%

2.80

preferred

conv

24%

May 12

11%
.100

3%%

,34%

1,100

*102

6

10%

103

10

•

6

-

ie%

*59%

51

*56

10,109
4,400

60

4%
»8V4
9%
53

*3%

>

4%

v

400
1,200

8y2

800

9%

3.400

53 v4

800

3"%

-

100 f

,

7%

7%

21%
140

21%

4,200

.

142%' 143%
52%
52%

;

52%

*136

21%

.

143,-.

52%
V-

•

7%

7

142

140

21%

500

4

69

7%

♦136

21%

7u0

58%
23

*67%

52%

20%

140

21%

58'4 '

»■

•ny4

7%

20%

•136

No par

17

*22 y4

15%

7%

'

11%
23 <"'•

51%

7%

58 y2

♦160

7%

17

'23

15 >4

99

70

7%
140%

*51

;

•22%

141%

•141

58 y2
•22

180

.

—100

Inc

16%

:

1

Inc 7%

Sons

17

15%
f

1

Cutler-Hammer

28%

*58

No par :
No par *

A

28%

*22%'

-

No par

common

700

101%

SAO

com

5.900

*98
'

100

preferred

Cushman's

100%
65

8

Publishing

Class

*99%

182

Inc

preferred

Prior

101 %

100

16%

Cunningham Drug Storea Inc

109

*100

10 »'

15%

Aug
May

100%

27%

common

1

13% July

360

1,300

64%

108

27

61

300

DAY

56%
27%

*181%

100

Jan

150

9%

56

27%

16%

pfd

13% Feb

Feb

*9%

27%

65 %

100

non-cum

73

Feb

9%

56 y2

27%

*12%

preferred
6%

13

Deo

9%
56

57

181 %

No par

oom

14

7

800

1,300
ARMISTICE

' 27%

*64%

No par

Jun

47%

CLOSED

14%
50

56'/a

181%

-No par

10% Jun

122%

12

,

*49%

27

__i

88

Curtis

12

*14%'

♦27%

com

17% May

i

12

14%
50

14 %

*49%

701

2,300

f

Deo

•

EXCHANGE

2At

com

Deo

Jan

STOCK

54%i

No par

Seal

&

Press

23%

*99%

1

preferred

Cuneo

DAY

*9%

23%

57

21

America

11%

60

10

9%

10,400

13%

*53%

54 V2

*11%

ELECTION

3,000

64%

27%

*100

.100

preferred.

conv

CLOSED

15

50

5%

64

13%

S

preferred

RR

12%

14%

*49%

Shares

'

23%

*53

for

the Week

27%

8

Cuban-American Sugar common—18

6

14%
50

23%

-

5%

8ales

Nov. 11

t per share

28

67%

July

X12%

14%
*49%

100

Zellerbacb

5%

13

Refining com

of

Cork

$4 2nd

Cuba

May

12%

8

100

.Crucible Steel of Amer

24

16% Sep

EXCHANGE

1947—100

of

ser

preferred

Apr 21

31

24
6
27

12% Feb

17% Aug
177

7

72% Jan

7

July

Crown

25

Jan

STOCK

54 y2

Cream of Wheat Corp (The)

27

24

14

65% Dec

Oct

99% Oct

102

Mar 17

129

23%

CorpJ

preferred.

Crown

36% Jan
20

Jun

23%
*53

common

common.

Creameries

1

Dec

Deo

3%%

7

46% Mar

23%
54%

12%

1

Co

S

34%

'23%
*53

Inc

Feb

91%

Deo

9

13%

Coty International Corp
Crane

8% Jan

Deo

95

20%

Coty

100% Aug 18
Nov

65

13%

6Vb

Friday '

i

Sper share

6

64%

13%

80

preferred

13% Oct

23

26% May

36%

1%

14

J an

Mar

17%

x21

Jun

preferred
pfd 3%%

Products

Corn

6

189

5%

65

13%

9%

171% Jan

Mar

5%
64%

*56%

Oct

July

5%
13%

1

Sep

t per share

8

serlea

Thursday
Nov. 10

64%

Exchange Bank 6c Tr Co—SO

102

t per share

5%

common

Corning Glass Worki

101

66% Mar

Co

Nov

3

t per share

Nov. 9

13%

No par
No par

pref 5%

11% Jan
57

PRICES

Wednesday

64%

com

Cornell Dubiller Electric

Jan

94

Steel

Convertible

SALE

I

Delaware

27% Nov

3

8%
29

Copperweld

15

92% Jan

98

5%

6

Feb

62

$ per share

HIGH

Nov. H

1

of

Corp
Cooper-Bessemer Corp
$3 prior preferred
Copper Range Co

26
10

97% July

177

17

19 y4 J an

13

Jun

49% Mar
Apr

Dec

Oct

4

20

Oct

56%

20

7

Oct

164%

Jun

12% Feb

13

49% Jan

July

18

8%

Jun

Oct

60% NOV

60

65% May 13

51% July 19

July

AND

Tuesday

Nov. 7

14

Steel

23% Oct

Monday-,

Nov. 5

Continental Motors

Feb

14

Saturday

<•*

"
Par

Mar

8

48%

RECORD
LOW

STOCK

fper share

t per share

$ per share

YORK

EXCHANGE

Lowest

Highest

I per share

STOCK

"

Year1948
Lowest

YORK

STOCKS

Range for Previous

Monday, November 14, 1949

Volume 170; Number- 4855;

THE

COMMERCIAL

NEW
Ban(e for Previous

„Year 1948 :t
Lowest

f

< per share

NOT

84%

Jun

34

Jun

Nov

33 %

Oct

19

13

41% Jan

Feb

28

25% Oct

19

21

12% Aug

1

% Jun

8

7% Jan

7

9

15% Sep

14

38 % Jan

26

5

Nov

; il%

Jun

11

Feb

16.

Oct

liy8Mar

Jun

32

EXCHANGE

i.t-.

,</

7

Fairbanks

27

Oct

15 '/a Oct

llorse St

Co

Falstaff

13

Family

Federal Mining & Smelting Co
Federal-Mogul Corp

2

43

Jun

6

Mar

20% May

14% Jun

17

*.18% Oct 28

Dec

12% May

3% Jun

14

6% Jan

10

Federal Motor Truck

20%

Feb

31% May

24% Feb

29

Federated Dept Stores

90

Feb

99%

Jun

95 V< Mar 23

31 y4 Sep
104
Sep

4%%

24%

Sep

11

Nov

10

20% Jan

5

Felt St Tarrant

26%

Jun

12% Jun

14

17% Jan

6
3

Oct

63% July 13

78

Jun

43

6

50 y4 Mar 31

Jun

105

May 16

107% Mar 17

49% Mar

69% July

53

14%

Feb

20%

28%

Nov

96

Dec

26

Dec

13

103% Nov

107%

Jun

42%

Jan

3

98% Jan

May

Nov

68

Sep

3

31% Jan

7

1037/a Nov

7

9

18% May 25
13 Vs Jan
3

2b

Dec

36% May
15% Jun

12%

Dec

21%

Jan

12

22%

Dec

40%

Jan

27

Dec

79

Dec

24 %

Dec

22

May

2

92% Nov

3

89

July 18

96 % Oct

18

30% Nov

2

19% Feb

38% May

29% Jan

11

Jan

21% Jun

17

16% May

8% Oct

24

10

Dec

8% Aug

May

b

Oct

x38

25 % Feb

3

10 y8

19
6

68%

84

67

Sep 26

78% Feb

2

Feb

>■;

Deo

6ya

47%

Aug

4% Jun

10 % May

Deo

60i

15

Nov

17

Nov

7

20% Jan

12

4

4%

7% Apr
7% Oct

4

Gabriel Co

14

7

17% Jan

6

Dec

12

Aug

97a Jan

10

Dec

31'/a Oct

26

41% Jan

12

13

15

Feb

23 Va

Feb

25

17 y4

15

19

ADr

13

16% Oct 27

May

3% Jun

14

Dec

27%

Dec

45

May

21 y2 Jun

13

Corp

Dec

157a Jun

14

23 % Jan

11%

Feb

26% May
18 yi May

13'/a Jan

3

103 Va Jan

25

41% Sep

27

105%

99% Mar
Dec

42

100%

Jun

53% May
May

99

11% July
Dec

Jan

152

106

87a Feb

July

97a Jun

6% Feo

107

10 74 Jan

24
1®

9'/a Feb

24

133/a Nov

3

15

July

6

13

10

7

Jun

72 %

Sep

82

28%

Nov

44% July

18

Dec

24

X125

Nov

31% Mar
Mar

41

Jun

39% Jan

87% Nov

96

Jun

13%
53

34

6

118%

79ya Jan 20

4%

14

31

4%

20

Jan

129:

Jun

17

May

34

7

1st

4

6

Dec

x6% Jun

14

100 Va Sep
13 Va Jan

11

Oct

44% Jun

15

52% Jan

13

123% Jan

4

128% Jun

7

4

108% Oct

14

128%

Jun
Jun

97

Apr

NEW

Highest

$ per share

$ per share

$ per share

Nov

517a Jun

14

7274 Nov

9

125%

Jun

123yaJan

5

127% Sep

23

93% Feb
12% Mar

997a
17 Va

Jun

x97

Jan

6

103

Jun

13

Feb

16%

26

Nov

22% Jun

Feb

1274 Nov
2%

Feb

18% May
47a May

107a

Dec

15 %

18 74

Dec

29

120

Sep

4% Mar

Jun

Jan

Sep

2

25

19% Sep

26

17

307a Nov

117a July 19
2% Jun 28

16

15% Jun

>

3

14

120

47a Feb

6 % May

3% Oct

86
Gen

Outdoor

19

Gen

20% Jan

7

123% Oct

5

7% Nov

General

122

Jan

27

16%

16%

*16

16%

*16

16 Va

18

*17%

18%

♦

18

17 3/4

18'/a

100

16

15%

16 Va

15%

15%

l,2o0

4%

1,200

A

102% Jan

4

213/4 Jan

6

67

July 19

77% Apr

11

64

Sep

26

73

5% Jun

15

90

19%

48%

May
82% May

34

1

91

177a Jun

65% July

May

48

July

6

53 Va Mar 25

3

10% Oct

Oct

x95% Jun

13

116

14 Va Jun

29

19

47% Mar
94% Mar

103% Aug

6%
122

38% Mar

50%

14

69

100

Jun

24

Jun

14

Jan

5
12

105%

Oct

2%

23%

Jun

10

Dec

5%

Jan

5%

87a

Feb

Nov

31

May

89

Nov

99

9% Mar

10

36%

4%%

July

4%%

52 Va
*126%

20% Mar

$4.60

63%

*102%

11

Jun

32

Jan

Dec

23%

Jun

16% Jan

145%

Jun

133% July

*1874

30%

No par

Jan

18%

52 Va

Sep 27

50

(B F)

Gotham Hosiery

7

66

1

No par

Nov

3

20

6

367a Oct 31

preferred
100
Grayson-Roblnson Stores com
1
$2.25 conv pfd
No par

14 Vs

-

Sep 26

4374 Jan

7

3

197a Oct'

6

8

144% Mar

3

3

40% Oct 31

22

14 % Mar ii9

Greenfield Tap St Die Corp

10

Feb

13% May

974 Oct

6

90%

Dec

Jun

93% Jan

4

July

15% Jun

15

Greyhound Corp

9

Jun

85

Feb

97

July

12%

Nov

207a

Jun

44

Feb

68%

Jun

41

Feb

81

Jun

18% July
page




5

Feb

24

12
100
.

*■

July 20
July 27

20% Apr

6

7% July 13

4Va%

4

100

13

14

Jan

7

Jun

14

50% Oct

13

$8

5674 Jun

13

71% Jan

7

Gulf

16% Jan
24

3

20% Oct- 5

$5

39%

No par

*12%

—1

97a

100

preferred—

Oil

1

Corp

Gulf States Utilities Co

22%

'•

103

77 *73

74

•■'•i

68

68

8

1

'

8%

;

•

1

*

No par
No par

33%

*88 Va

89%

14%

14 Vb

14%

78

78

23%

23%

7,200

227a

23

3,500

147a
80

2474

14 Va
'

!

'79

79

?3%

23

22 3A

22%

22
52

♦51

52

♦51

10

10

10

10

115

*50'/a

16 Va

111

7 111 ' '
16'/a

16 VB

167a

*

19%

677B

102%

102%

407a

413/g

x393A

102%

102%

Xl01%

103

103

11%

11%

23/a

2%

8%

.

11 Va

27a

87a

8%

87a

29 Va
.

117a

2%

"

29%
24

237a
" 27 Va
98 /

26,200

7%

3,900

28%
24

26 3A

27 3A

36

400

23/a

24

98

137a

♦97

137a

133/a
♦35

36

*35

400

11'/a

28%

98

100

4,800

40

1013A

24%

27%

14

10274
1

29

287«

'■24%

98

14

2,900

x7%

277a
•

*35

77'-

.

2%,

2,300

68'/a

•102

*11

'20

16

677a

67'/a
102 Va

"

2,500

10

67%

68

700

109

,

Xl57a

»1013A

1,500
500

27%

2,000
'60

93

137a

600

38,;

V

1,400

14

13%

14

137a

14

41 %

393A

397a

,3974

40

4,800

187a

18%

18%

18%

18%

1874

1,800

1363A

137%

137a
'I

-40%

*67

135%

13/

67

p-r

67

397a

1,100

12%

900

17.600

39%

38%

3874

39

12%

12 Va

12%

12%

12%

12%

97a

10

*97

173A
V

102

12%
49

"*

5%
*98%
12Va
48%
70%
1°%

50

67

9%

9%

' 97/a

98%

*97%

98%

50

17%
■,

JO'"

98%

10

98%
18'A
5%
102
127a
48%
70'A
20 **

320

136

136

70

39%

39'/a

197a

109

6,100

5 2'/a

7 .41% 7 417a

70

70 3A

2,300

■33'/a

89%

*111.

173A

703A

S'

33 Va

10

98%

!'*48%

2,300

8Va

327a

;

137a

57a

68

Vb

7 *88%

22

137*

i73/a
5%
*98%
12V4

28
—No par

,

74%

*65
8

600

18%

♦73

;■ 74%

*65

7 8%

200

103

177a

177a

173A

310

22%

♦99

103

*99

13

14%

14

41

307a
23

3,700

30%

32%

99 3
14-

307a
23

400

111

30 Va

23%'

24

36

*97

1

Gulf Mobile St Ohio RR com.No par

preferred

277a

700

1107a'

110

iV

(The)—

preferred

conv

*67

1

Grumman Aircraft Corp
i
Guantanamo Sugar common

Jan

Sep 30

*l37a

100

Common

9% Jun

92;

14
*35

Ry 6% pfd—.-Jtapar '* .*
407a'
Great Western Sugar conr/^No par
is7a
1% preferred
100
*136

33% Mar 19

9

*97%

,

Gt Northern

117a Jun

Jun

Nov

*27 Va

6,300

2974

89%

297a

24'A

7Va
22%

2974

307a

8%

8'A
<

67a
22%

32%

2%

8%
*237»

7%

109%

*78

12

2'A
*283A

.

8

17% May

67

7

5

400

124

*88%

102 Va

*11%
;

8% %

40%

Jun

109 Va

7 77

18,100

227a
29%

7
'
22%
29 Va

/

407a
407a
*1017* 103

Gt Northern Iron Ore Prop__Nop*r

-•

7

673/4

677a

10

City Steel
(W T) Co common

<>100
Sep
14 '•■o 16% Apr

9

7

2974

16%

*102

8

Co (The)

Granite

Grant

7%
22%

*122 Va

124

•122%

124

7 Va

■7:

:,*•

No par

26

5

DAY

10

No par

com.

900

3%

3%

37a

.

'

V'

2,800
400

ARMISTICE

*653A

115

$5 preferred
No par
Goodyear Tire St Rub com—No par
$5 preferred
No par

5

28

10
16'/a

*3%

•

CLOSED

1574

*72%
•

52

*111

EXCHANGE

14

17%

22'A

1
10

.

30%

15%

14%

100

Gold St Stock Telegraph Co
Inc

30%
♦137a

17%

25%

*50%

.

300

STOCK

177/a

*17%

80

22

183A

153A

*99

89%

24Va

No par

Goebel Brewing Co

1

83/a

i43/a

400
300

103

30%

13%

109 Va

337a

*78

85,500

125%

18%

19 Va

30 %

CLOSED

125%
•10274

137a

19Va

STOCK

22 Va

68

8

v

EXCHANGE

*29 Va

74

2.50

103

Shares

71 Va

71

72 3A

12574

1023A

for

the Week

$ per share

$ per share

15%

77

187a

*87%

71 %

125%

Sales

Nov. 11

Nov. 10

$ per share

17%

♦12272

103

*8%

per share

Friday

Thursday

Nov. 9

7/;

DAY

30%

*32%

PRICES
Wednesday

HIGH SALE

Nov. 8

1027a

*22 Va

'

200

177a

23'/a

Co_l

60

107%

ELECTION

3074

*6574

126%

37a

3074

*727a

126 Va

♦106%

*17%

109%

*173/4

127%

15%

225/a

*99

AND
'

69%

; *

1,600

107 Va

126

18%

200

52%

3%

30

5

52%

126%

Tuesday
'■v

307a

*22'/a

No par

(The) com
conv preferred

4%%

7Va

523/a

8

157a

7

124

7'/a

77a

106%

♦

127

187a

2,000

'1,100

7%

517a

107%

14

38%

77a

8

14

177a

*122 72

100 Va

♦100

100%

30%

■

20,700

46%
100 Va

■'*102%

3%

*17%

136

*135

136

*135
.

♦100

69

157a

No par

Feb

«ee

183/4

1,000

46

20

Deo

footnotes

1,200

18-%

38%

No par

13%

Jan

28

18%

47

* 1257a

14'/a

3 Va

157».

No par

Glidden Co

Goodrich Co

2

*l3Va

8

29%

For

71

23

t per share %

19%

?«74

.:

1

Green Bay St Western RR
Green (H L) Oo Inc

14

71

28

Nov. 7

103

No par

70

71

28

Monday

A'

120

71

46%

126%

69

126

No par

preferred

3% Jan

"

Feb

677a

3.10J

47%

*106%

t per share
*125%

Gleaner Harvester Corp„

Grand Union

16

.

7%

39

523/a

52'/a

10

com—No par

7

13«

5% Mar

7%

38%

Nov. 5

St Lumb

167a Mar

.

13

25 74

7%

387a

8

Saturday

$5 conv preference
Glmbel Brothers common

23

117a Jun

98

500

7%

187a

100

1073/4

Gillette Safety Razor

26

33% Jun

1674 Nov

127a

47

128

*107

10%

156%

12%

72

38%

8

100

10%
156 Va

12%

10

155

28%

,18%

100%

3,900

i.U',B

155 Va

12%

:/V*135% 136'
"

47

No par

2,100

72

28%

187a
383/4

100

8% Apr

15% May

.

*18%

100

28 Va Jan

607a Miy

Apr

7%
*71

*135% 136

8

preferred

293/4 Oct

132

60

A

"

28Va

60

45%
106

77b

;

13%

71

277b

102 %

13%

10%

8

71

106
10%

106%

44%
*

100

25%

*105%

45 Va

105%

*154 Va' 156%

:>

13 Va

77a

'

$74% preferred
Georgla-Pac Plywood

4

Feb

77

*127e

44%
*102%

45

*102%

10%
158

106 Va

*105 %

106

44 Va

106

103/b

187b

106

45 Va

*154 %

100

14

Deo

xl2

106

*99

Graham-Paige Motors..
Granby Consol M S St P

93 Va Apr

14% Sep
7-40.

Mar

e,6oo

1

Gen Tire 8t Rubber Co com

16% Jan
-

<

Jun

29

19

No par

com

167a Jun

Oct

Oct

23

Jun

106

1% May 12
53/4 Feb 19

Apr

18
35

15% Aug
18
Feb

18%

*108%

Corp
preferred

Nov

Aug
9
457a Jan 26

98% Jun 20

Dec

15

19

$6 pfd—No par

Time

Sep 19

'

96% Mar

18%

227a

Goodall-Sanford

104

34

52% Jun

Oct

5

17

Nov

Mar

14% Dec

i3

28% Aug 18
23% Oct 11

24% May
64% Oct

113

7

80% Oct 26

5% Jan

Mar

3

Oct 28
Jan

17% Jan

14

72% July 11
21% Jun 17

Jun

Feb

14

12% Jun

May

28

Jun

■

Mar

12% Feb

797a Jun

24

39% May
96 Va Jun

Nov

4

18%

;; *29 Va

General

85%

1,000

183/4

*46%

General Telephone Corp

25

19

1

4

Dec

19

10c

3

Dec

*24

19%

No par

Nov

75

25%

19

No par

Refractories

Nov

17

*24

38 Va

Realty St Utilities

General Shoe Corp
Gen Steel Castings

23

Dec

4%
25 Va

19% : 19%

100

31

Feb

4%
25Va

19 'A

*102%

No par

com

3

87

4%
25%

*18%

—.100

Co

43/a

4%

4%

4%

19%

jlOc

23

27%

16

100

*25Vb

*

50

Corp

18% Jun

Jan

%

1

No par

Equip Corp

Utilities

2274 Jan

Dec

16

16

—50

Cement

29 74 May

13

400

1,600

18'/a

Advertising

30% May

Apr

2,400

16 Va

series

Dec

15% Jun

67B
177a

*5%

*17%

LOW

Dec

99 Va

6%
*17%

5%

*16

STOCK

227a

Dec

200

67a

17%

63/4

com

21%

Jun

5%

6%

5%

17%

17%

310

17%

5%
7

67a

7

400

35%

Par

Railway Signal
6 % preferred

Gen

99 Va July 18

72%

53/4

6

No car

Gen

Public

7

Oct

76

70

6%

Gen Public Service

2

132%

30

71

*34 Va

Corp com

Portland

10

Feb

102%

20%

70

6%

r

$3.75

General

30% Oct

24

Apr

20 %

70

100

.

Gen Precision

247« Jan

20% Jun

Jan

Dec

20%

No par

YORK

7

22

Jun

31%

18%

70

"

10,600

35 Va

1.66%

—i

Motors

Preferred

3

10 1

3074

98%

17

20'/a

6%

preferred

Mar 14

Feb

1107a

17

*34'/a

100

Corp

',
General

Oct

■C"

May 19

24% Nov

22%

17

6%

preferred

8

.

16% Mar

11 Va Jan

...

May

128%

59%

17

6 J%

17'/a

1,400

58 Vs

58%

17

20

7

600

59%

69

*5%

900

16%

20

EXCHANGE

Oct

66

x58i/a

9%

'

9

9%

35%

preferred

Range Since Jan. 1
Lowest

Highest

50% Mar
119

9%

40

24%

.

58%

STOCKS

Year 1948

t per share

9%

6%

83.50 preferred
General Instrument Corp
General Mills common

Range for Previous
Lowest

9

9%

*34%

2nd preferred

conv

*24%

9%

9%

/

6%

com

General Electric Co

I%*

24'/4

9%

9%

357s

General Cigar Co Inc com

937a Jan

24%

241/4
•"

-6%

preferred

General Foods

2,000

*34'/2

Corp.com

% 1* Preferred

19

108

Inc

2

48% Oct

29%

68%

2

1

3

28%

No par

Apr

6

30%

No par

139% Apr
Jan

310

29 %

20

*17%

30

95 y8

9%

v

'

95

91%

*91

..

5

Co

Industries

conv

♦24

9%

'

91%

96

30%

29%

T

2,400

26%

96%

♦96
•

261/2
*91

95%

1

50

com

(The)

GeneralOable

28

Feb

27

3,900

13 y8

13

19%

1

(Tbe)

Corp

9%

45

Jun

Feb

97

26%

9%

106

144

Feb

13%

24%

100

17

40

13%

x9%

Amer Transportation
5
$4.25 pfd series A
No par
General Baking Co common
5
$8 preferred
No par
General Bronze Corp
8

24% Jun

Jun 28

3,700

13%

*24 y8

General

Jan

Jan

300

11%

13

29%

preferred

Wood

743

Mar

40%

653/4 Apr 25

15%

Hi/4

29%

1

84.00 preiexxea

163% Jan

Jan

16%

*147b

11%

10

17

13

Jun

16'A

147b

96%

General American Investors com__i

Nov

9

16%

11

*95 %

9

14

r

16 :/4

14%

11 y*

92

20

600

2,500

16%

27

com

22

14%

26%

1

40

104

21%

16%

92

common

4,900

29

29

*103%

22

11%

13y4

V

700

12%

14%

92

-'

1,500

65

15

27%

25

70

105%

11%

*91

Nov

Oct

159%

Apr
9% Mar

21'/a

21%

4

*27

Gar

2

u

1,100

48

48

291/4

900

75%

74%
Xl05 '/a

1037b

1

4%% conv preferred
Gaylord Container Corp

11

28%

103%
*21%

Corp__10

n

Jan

29%

103%

700

16%

13%

3

46 ya Aug

106

21%

11

4
r

103

16%

1

29%

*103%

29 y8

29 y8

103

100

Gardner-Denver
Garrett

14 Ya May

146

X12%

Jun

19 ;

6

65

12%

common

Gamble-Skogmo Inc
Gamewell Co

26

32% Feb

16%

9~%

66%

12%

(The)

conv

Aug 18

Jun

_5%

661/4

12%

100

(Robert)
preferred

I%

10% Jun

Jun

67

12%

100

Gair Co Inc

30

Nov

66%

12%

*14'%

preferred

47a Jun

16%

67

17

14% Jun

12%

106%

60

Jan

6

106%

59 %

10% May

Oct

106'%

■."•16%

20

■

106 Va

_IIl0

Dec

6

106

10

pfd

Fruehauf Trailer Co

Dec

487s Aug
17 Va July

76%

48%

1

6%

9

15

15

15

No par

16%
38%

11%

14%

47%

Froedtert Grain St Malting Co Inc_l

26

16VaJun

Feb

10

11

76%

Freeport Sulphur Co

Feb

12% May
24% Jan

11% Jan

17% Mar

35%

11%

15

Franklin Stores Corp

May 13

103 Va

111/2

76%

7%

preferred

60

1,500

103 Va

11%

48%

No par

Chem

*103%

103'/2

15

*21 y,

800

103 %

11%

48%

1

900

3,500

30

76

12 V4

400

4%

30

30

29%

29

15

106

4,000

18

41/4

103%

;

1,000

5,300

DAY

37%

*17%

4%

4%

4%

48 y#

6% prior preferred
Francisco Sugar Co

12% Aug 17

:

13

Jun

*36%

18

DAY

77%

15

100

Corp

Foster-Wheeler

38

♦17%

500

ARMISTICE

%

147s

48%

No par

St

%

141/4

*76%

No par

conv

14'/B

74

14%

*37

11%

*65%

Machinery

14%

ii

141/8

25

com

*

3%%
3%%

2,300

18

29

103%

11%

STOCK

14%

4%

29%

*103

No par
No par

Food

7b

29

29 %

1

8

20% Apr

1,400

CLOSED

I_ 10

Ins N Y

7

Sep

EXCHANGE

20%
14%

ELECTION

'

No par

Power

23%

20'A

37%'

4%

4%

8

Florshelm Shoe class A
Follansbee Steel Corp-—
Food Fair Stores Inc

Dec

25%

Mar

9%

24

Mfg Co

(The)

Florida

7

Jun

92%
'

14 %

37

23%

17%

18

84 preferred
Florence Stove Co

22

24v8Jan

2

36%

14%

38

Carpet Co
Fllntkote Co (The) common

Jun

47%
105

82% Nov

15 % Oct

Sep

'

14%

First National Stores

28

8% Feb

12% May

9% Mar

16% Sep

7

38

24%
20 Va

37%

14%

37%

Firth

0

May 26

9 y8

oh a

%

*17%

5

com

Firestone Tire St Rubber
4%% preferred

13

17% Jan

liyt July 13
21% Jun
7

Aug

xlO*

July

14%

U

No par

Fidelity Phoenix Fire

69%
53

14%

Ak

CLOSED

"

Ferro Enamel Corp

Feb

14 V,

7

100

Dec
Dec
Dec

14 V4

g

preferred

19%
17 Vs

42

EXCHANGE

20%

U

Shares

24%

STOCK

24%

X20 Vb

'•

1

_

83%

37%

24%

20%

v'

t per share

tper share

for

the Week

14 y4

x37%

24%

'

Sales

20 '/8

38%

'

5

.

1

Nov. II

Nov. Id

t per share

, h

*36%

38%

1

18

$ per share

per share

Friday

Thursday

<

Nov.!)

Nov. 8

"

20%

1

Liquidating Corp
Fedders-Qulgan Corp

"!7'> $

PRICES
Wednesday

HIGH SALE

Tuesday

1A

Nov.

24%

1

Corp
Finance Corp common

FAR

21

*

20

Brewing

35% Feb

9

I per share

No par

Fajardo Sugar Co

3

AND

LOW

Monday

Nov. 5

Par

17

RECORD

Saturday
i

,

f per share

19% Oct

37

x!9%

STOCK

(1925)1

CHRONICLE

'

J

Lowest

J per share

tper share

,

FINANCIAL

YORK

- STOCKS
NEW YORK STOCK

;

,

Range Since Jan. 1 ;
Highest

,

J Highest

r

0

&

■

177a

177a

173A

4,900

57.

57a

1,400

O 'jH,-

*98 Va

%

f

102

♦98 Va

102

2,900

12%

117.

48

48 Va

48

48

69%

70

68%

6974

9,900

20

193A

20

7,600

12

'•

197a

12

400

,

I

THE

(1926)

Tear ID441

&

FINANCIAL. CHRONICLE

STOCKS

Range for Previous

■•'"V

4

4

Range Since Jan. 1/ 'V
Highest
.

%

NEW

,

YORK

LOW

STOCK

EXCHANGE

Lowest

Highest

Lowest

COMMERCIAL

'

Saturday

Monday

Nov. 5

„

AND

•:>r/

-

'Nov. 7 4''

Monday, November. 14,-1949

SALE

HIGH

Tuesday

PRICES

Thursday

Wednesday

Nov. 8

Nov. 5>

$ per share

i per share

•"

*

.

Friday

10

Nov.

1

Sales for

'Nov. 11

the Week

'

9 per share

I per

f per share

.

t per

share

share

'it

< per share

.iPar

'

t

...

per share

J per share

$ per share'

v' ''*1 Shares

H
31

Feb

35%

15%

Nov

22%

Dec

4

36

Sep

16

Hackensack

Water

16% Jun

1

24% Nov

5

Halliburton

Oil

Jan

3

14% May 19

Hall

Printing Co

11% Jun 27

Mar 29

Hamilton Watch Co

Jan'

6

Nov

5

preferred-1
_100
(M A) Co $4.25 pfd__No par
Harbison-Walk Refrac com__No par
6% preferred
,—100

Sep

12 %

Jan

31

Oct

16% May

12% Dec

12

*14% May

13
81

72% July 26

79

Mar

89

Jan

xl»l%

Feb

107

Jun

21%

Feb

27%

Jun

14«% July

150%

Jan

34 %

May

20% Jan

3

Jun

4% Jan

20

20 Va

Dec

4%

Dec

8

104 Va Apr

18% Jun

107%

4
20

23% Jan

4

Oct

2;

68% Oct

Jan

5

Feb

11%

Jun

6% Jun

28

9 % Oct

6%

Feb

11%

Jun

S% Jun

7

9% Jan

Dec

79

61

Jan

Hayes

24% Aug

1'

Hazel-Atlas

25% Aug

9

Hecht Co common-,—:

94% Sep

8

Jan

30

Jan

3

36% Aug

19

Dec

42

95%

Jan

103

May

96'A Jan

14

Oct

10

22 %

Nov

24 %

Nov

23% Jan

4

30 Va Oct

25

34%

Dec

35%

Oct

34% Jan

6

42% Oct

Heinz

14

13%

Dec

Dec
Dec

25 V*

30%

Oct
Mar

17

Nov

27%

17%

Nov

78

Oct

14%

Dec

9

(

40

26% Mar

28% May
86 % Jun

,

1

21% Jan

12%

7

84% Sep

1

10% Oct

13

Hilton

2
30

Hinde

&

Dec

25%

Feb

9%

Dec

29% May
16% May

15%

Feb

May

12% Jan

3

Jun

16

15% Sep
28% Oct

8% Jun

Jan

29

15% Oct

20

16% Jun

3

Hires

20

22% Jan

21'

Dec

30

Oct

24'/a Mar 10

Nov

42%

Feb

34% Jan

28% Sep
50% Nov

16

29 V,

24% Nov

35%

99

Dec

II

Dec

Jun

Jun

100

Jun

27

31

Apr 29

Dec

103

x24

94 %

29%

3
1

*

Sep

5%

99

12% Nov

Feb

11

•35% Nov

$4.50

9
2

Dec

46%

Jan

30

May

Nov

34%

Jan

28% Jan

6

39% Oct

Oct

94%

Jun

86% Jan

6

96% Oct

3i

Mar

49

Oct

42 Va Jun

20

Jun

29% Feb

7

$2.25

27

81

38

20%

Feb

38%

14

Dec

23

Jun

33

Jan

47

Jun

12% Jun
31% Jun

Dec

4% Jun

3% Sep
8% Sep

8 %

14% May

34%

Jan

50

Dec

22%

Jun

19

Apr

5

May

10%
2

Dec
Dec

12%

Sep

14%

44% Oct

14

Oct

26

46% Jan

20

7

11% Oct

19

j 17 Va Oct
47% Jan

19

29

■

7

Feb

26

5%

7

2% Jan

6

Oct

15

17

'

Hupp

24%

*94

94%

35

*34

35

104

104

34

*34

35%

*33%

*103

103%

103%

103%

103%

29 %

29%

29%

29%
*41

42

16%

16%

16%

Lowest

$ per share

NEW

Highest

$ per share

38%

38%

136%

137%

17%

16%

16%

15%

15'A

15 "a

*77%

78%

78%

78%

*77 Va

10%

10'A

10%

10%

10%

14%

14%

*14'A

14%

14'A

15

*

*14%

14%

*14'A

14%

100

,26 Va

26'A

26%

26%

5.800

15

15'A

*14%

15%

♦19%

19%

19%.

19%

19

19

18%

19

*27%

28

27%

27%

27%

28

27%

27%

600

48%

48%

48%

48%

48%

49

45 Va

45%

19,200

*29%

29%

*29'A

29%

29%

29%

29%

29%

900

No par

110

*109

No par

109

97

36

i—

No par

Corp—

3 4'A

33%

33%

36

36 V,

36%

36 Va

36 Va

»

95

'

95

95

95

95'A

'

*47%

48%

48%

48%':

48

42%

42%

41%

42%

41

15%

xl4%

14%

14%

14%

14%

41%

42

42%

42%

42%

40%

42

9%

9%

9%

9%

9%

*13%

43%

13'/a

13%

9%

9%

9%

14%

43%
>

2
;

14%

14%

*14%

43%

43%

42%

43%

41%

13'A

•

13%

13

13%

12%

■

'

16

9%

2%

36% Oct

11

Idaho

Oct

13

Illinois Centfal

8

6%

Sep

97% May

95

Jun

29

96

Jan

4

Leased

24% Jan

37% July

20

Jun

13

28% Jan

26 % Aug

21

30

25% Jan

4

35 Va Nov

10

51% Jun

28

7% Sep
21% Jan

12

7%

Nov

15%

Dec
Nov

Saturday

Jan

56

Jun

4

3

Co

lines

stock

i

RR

20

Industria

*94

series

A-*

1000

50

"■* '•

Electrica

De

*54%

>

-5

Mex,

29

preferred

100

*158

Nov

30

May 31

Apr
41% Jan

25

47%

8

Inland Steel Co

No par

21% May
8% May

'38

ilsA

Jun

18V» Jan

8

Inspiration Cohsol Copper

23 %

12% Apr
86% Jan

1%
11 Va

Dec
Feb

Jan

8

3% May
16% May

1

Jan

3

29

*145% Jan

5

x34%

Jun

22% Jun

1

160

Oct

174%

Jun

164% Jan

3

Nov

9'A

Jun

5% Feb

24

23% Feb

38'/a

Jun

T

§ Vb

71

:

Deo

3% Mar
24% Mar
135

Jan

42% Mar
86

Jun

5 'A

Oct

99
14

Dec

62 Va

Jan

39% Nov
? 43
Mar
Mar

8% Nov
8% Nov

24

July
May

17% Mar
22% Mar
29
Nov

137% Jan

14

3% Feb

,j

14

Jan

Interlake

>

Nov.;

2'

27

•

28

5% Oct

21
7>

Business

<:i%

12%

No par

,'198%

198%

common

No par

___

preferred—

1

International
Int'l Nickel

Mining

Feb

8

2

International

7»A Feb

$4

Co

preferred

45

8

21

71

Feb

9

20 >

61

Feb

17

5% preferred
International Salt

Jan

65% July
35

41

Jun

Jan

5

38% Jun

»

14

<

Mar

16%

30% Aug

8

Jun

16%

7% Jun

13;»

Jun

7% Jun

26% May
35 V4

Jun

39% May
145

May

14

July 28
Feb

T Jan

46% Oct

28

64%

57% Jan
34

13

Jan 27

11% Apr
11% Apr

17%

4

11-

Nov

7'

17

23

Aug 10

3

34

Nov.

24
Jun 14*
136% Aug 12

32

148

1

■

„Jan 21
Feb

2

7%

Dept
Intertype Corp

Corp
Stores-

Island Creek Coal
$6

4%

Dec

10

May

2% Jun

13

"

Dec

23 Va

Jun

11% Jun

14

Dec

92 Va

Jan

81

Jan

39%

Feb

44

Jan

89%

Oct

May
May

18

33% Sep
106% Feb
20% Feb

t

99

48
99

42 V4

Jun

113%

Jun

35

Oct

95% Jan

30% Jun
101

24
17

par

Dec

106

May

102

158

Feb

Jun

155

39%

Oct

21

Jun

6% Oct

14

Jacobs

24

Jaeger Machine Co

Oct

59% Oct
104 Va Sep

44'A Nov

6

116% Nov

15

May 23

46,

Nov:

106% Oct
16Q

3

19
16
10'
2.

7.

14:

Apr 26

14 J

83 V.

Feb

33'A Jan

7

93 Va

Apr

73

Jun

28

30%

86

Nor

3

43 %

Jun

30% Oct

24

40% Mar 16:

Jan

(F L)

Co

Tea

3%%

4%
Joliet

5%

'

•

preferred

200

199

28

■.

2,000

J- "'

'•
-

' ?

'

'■

;

64%

65 Va

5'A

4,100

85%
29%

136%

'

'

■

-V'.v'''

»

2,100
'100

5%
•

136

500

29%

16,300

136

60

65%

63 'A

64'A

101%

101%

101%

5
40

-

5'A

59

44

*50

5

4%

46%

♦57

45%

%•■■".:

*57

44%

43%

17,500
.

400

.

A 700

5

890

45%

1

59

■

7,500

:

-

44

1,500
v

50%

50 Va

50

50

33%

33

33

32%

32'%

8%

87 a

83«

«7«

8%

8%

8J4

8%

'

{

9

87a

8%

r'

16%

16%

17%

20 Va

20'A

20

20„>>.\;

33
28

*141

•32

*141

'

V
,

>

28%
143%

■

•

j

16%

32%

33%
23.

■

...y'- v:

-

.(

.ci.vv-

300
•"

'».

•

200

13.600

8%

1,600

16%

v

5.500

*19'A

143%

32%

400

28%

.

.

20

*31%

20

*141

]

:

*8%

(

17'A

20

28%

33'%

28 y4

143%

xl6%

1"

'V' ;'v ''

240

5.000

;

86

5 Va
29

-

"'i:

32%

63%

5%

4

*85

5%

29%

47%

44%

32%

2,200
11,500

7'A

*32'/■

28

70

'

.*

27%
177%

101'%

59

.

1

33%

*136

102

46%
*57

32'%

177%

7%

53a

136

T

177'%

85%
•

199%

27%

7Ve
■

5'%

1

5%
13%

pfd—100

*91 %

92

«•

-No par

•

100

*

58%

'

*103

NO par

:

58

-

91
4

287%

2,600

*141

.

143
*

43%
116'A

116%

5%

■

A

■

■■

8(0

~

■"

57%

58%

*1G3

•

43%
118

'•

'

common—12%

»

*45%

46%

-

46

12

5

1,800

12%

700

*90%

91%

30

57%

57%

1,600

104

104

43 Vt

43%

43%

116%

.■.

~-

x46

*1061A

107

*106%

116%

116%

170

*155

170

46

107

*155

27

100

Go——

-

*

104

10

%

7,600

116%

500

44

'

Chicago RR stamped-—100
Laughlin Steel com
No par

preferred series A

4%

"

91%

104

43 %

%

12%

*90%'

58

*114

5%

>12-

91 %r

*103

•

5

13 %
".

58

-

104

43%

100

<

4%

*12%

•

2nd preferred series A_—»_100

Manufacturing

'•

900

v
■

177

29%

&

Jones &

Joy

•

!"■'

12

X50

5 Va

Co Inc com

Johnson

1 %

%

11%

8%

*12%

Johns Manville Corp com

3%%

1

1%
12%

52%

No par.

—_

preferred—j.

Johnson &

1,400
>:'"

*

j——

Jersey Cent Pwr & Lt 4%
Jewel

9%
16%
93

33%

*32

,

1

18% Jan
93

fl

29% Jun 30

Jan
29 % Mar

145

Jun

3 "

9%
16%
93

27%
••

-h

79%

2,000

13%

198

•

16%
;

>50c

preferred

2,400

13%

93

13%

277'a

102

4 5'A

*8%

,

20

37%

13 Va

8%

.i—5

.'——No

r

80%

5'A

%

2,300

162 '

:

X37

9%

200

1,700

"67%

52%

♦

No par '•

common

162

2,1C0

7%

*32 Va

j._25

Utilities

Interstate

67

1%

•

177

136

■'

59

45

International Telep & Teleg—No par
Foreign share ctfs—;
No par
International

69'%

100
700

;:* ..."

;

49%

r

198 Va

*5%

47

59

25

common

preferred

48%

9%

1% ,.V;

29%

,

102%

,

46%

«

No par

International Silver

*7

7%

..

.

8%

497a
162

410

9,400

29'A

13%

7%

65

5%

100

International Shoe

137

.*102

No par

_

8%
2 9'A

93

s;

*85

5 %

"

Int'l Rys of Cent Amer com—No
par

43% Oct
50

*55

8%

14'A

33 'A

29%

*130

No par

Jan

64

55'A
29

38%

33

,

89

*5%

—15

com

DAY

13%

7

29%

,

10

35%
55%

*160

•'

•

12 »/*

27%

7

<85%

,

____1

•••

35%

8%

,V

16'%

177

33%

:33%

100

Paper

177

7

,

com—No par

Preferred

Nov

Aug 25

,

•. /

'

198

28

177

:

■

•

35%

68
'

:

>.';

ARMISTICE

7%

04

12 %

97

27%

37%

1%.
f-

1,100

*94

*26%

*"

100

Corp

of Canada

28

,

Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com
t5

66
103

;

^100

preferred

•:

•"

■

9%

16%

6,400

CLOSED

27%

14

*92%

•:

1%

12%

Harvester

143

V

;

37%

a

*9%
•

16%
93

Machine—;

Int'l

4%

9%

9 Va

93

No par

Iron

Int'l

7%

.:5- 13 7

2,900

EXCHANGE

49%

160

'■'■V 37%

14

97

55 "4
'

'; '

"STOCK

29%
88'%

35

DAY

7%

160

38%

,16%

_

Jun

107%

1

*

4%%

180'A Sep
8;
7% Aug 16
34% Oct 19

31'A Jan

5

4% Aug 23

7

86 % Oct

135% July 7 ;
41% Jun 13
94

8

28% Oct

26

25% Jun

1

Interchemical

*6%

162

13%

Corp common5
preferred
100
Intercontinental RubberNo par

200

•

17

14
v,

Jun

73% Jan

May

34 Va

139% July
64% Jun

Dec

65

30

Dec

93

Feb

6%
{

159

Insuranshares Ctfs Inc

19

If 'A Oct 26
93% Oct 21
13% Jan

»

8

125% Feb
26% Dec

.—20

2 Va Jan

11

Jun

9% Jun

9% Oct

30 ^

Shares

36'/«

27 %

69%

Feb

May

ELECTION

50

Feb

103

for

the Week

t per share

29'A

3»%

"

30%
87

>"

28%

50

_

common

\

8%

63

fl%

Dec

Sales

Friday
Nov. 11

$ per share

*86'%

36

29%

29

7%

15 V.

Dec

400

Nov. 10

87

:

:

55'A

*8%
29

69%

11

13

*54%

8%
29

50 Va

Jan

86

35 %

*7%

155

6%

27%

50 Va

34% Mar

t

1,000

Thursday

Nov. 9

*94

69'%

Jun

Rayon

95

1

72 % Oct

14

2,000

•

2%

PRICES

i.

*35 %

EXCHANGE
CLOSED

No par

S A—_

50 % Nov

7

J 65

9

16

16

S per share

-

STOCK

30%

35

,

55%

8%
'

par

4

Feb

6,600

V

38

27%

35 %

Jun

150

100

3,500

*2

16

Wednesday
•

$ per share

36

88

95

■:-v

35
4

33'A Mar

Industrial

■'

30
v-

;

27%

55

Ingersoll-Rand

•<

27 3A

No par

35%

r

97

'

Jun

4

SALE

Nov. 8

I per share

30%
89

Jun

27

HIGH

Tuesday

Nov. 7

V'

36

*88

100

Indianapolis Power & Light—No

10

30%
'

pfd ser A—100

4%

ctfs

35%.

common-100

Co

conv

4.70% preferred —i
Illinois Terminal RR Co

7

8% Jan

Power

non-cum

RR

27

14%

'

Illinois Power Co common

9

10% Jan
29 % Sep

2,100

42%
13'A

8%

2%

\ *15%

Monday

I per share

Par

*14

9%

2

16

Nov. 5

76 'A
160

.

9%

.2%

16

LOW AND

STOCK

15

600

1,900

9%

-

9%

7

2

16

1

No par

200
800

4,500

41%
14%

9%

<

1,700

48

42%

1,100

I

89% Oct

38 Va

34'A

35%

3.400

1

31

55% Nov

12%

41%

*

—100

'

96 %

12%

48'A

/>■

—6.66%

j

*95%

12%

15 Va

—5

preferred

50

110

96%

42%

1

_j—

*109

109

12 Va

48

t c——.25

v

109

900

•95 %

12%'

95

com

'

109

•96

96%

*35%

34%

7

4"

300

-

__10

95%

13

58%

15

12.50

36%

24

Jun

200

14 Va

36%

Jun

Jun

2,000

14%

26%

*94 %

22% Feb

25 Va

10%

14%

50

31% Jun

12%

10%
*14%

15

100

73

Nov

10

10%

25%

_No par

July

Feb

15%
78%

15

35

90

9%

200

15'A

*77%

14'A

*

15'A

35

42% July

20 Va

6,100

15%
78%

15

26'A

12%

27%, Mar

May

1,200

2,350

14 %

12%,

62 %
65

38

137%
16%

26 Va
'15

,

Jun

38

136%
*16

*

•

35%

2,500

39%

'

Apr

48%

125%

*15%

137%

EXCHANGE

.

Feb

400

48%

*123%

16

136%

12

$ per share

16%

48%
125%

16

*16%

1

180

200

47%

17%

39

*41

9(0

*123 Va

49

125%

*

_

YORK

.

100

30 Va
42

29%

42

39 Va

-

■

16%

*41

137%

10

Hus8man Refrigerator Co

Range Since Jan. 1

Highest

I per share

*24%

STOCKS

Year 1948

1,600

22%

24%

94%

39 %

—1

Inc

Range for Previous
Lowest

22%

22%

*94

*16%

1

A

Corp

3,800

*24

137%

Mln & Sm Ltd..No par
i
12.50

Foods

l.loO

6%

2 4 Va

21%

47%

Motor Car

Hunt

8%

94%

No par

non-cum

22%

200

68
'

22%

16%

Manhattan common—J 00

Hudson Bay
Hudson

8%

6%

30

ser

Co

*

6 %

*94

com

Stores

&

*66 ■/.'

9

*24%

41%

__5

of Texas

Howe Sound

Hudson

7

11% Jan

Oil

Howard

'

14% Oct 13

8% Aug 31
1% May 23
10% Jun
6

Jun

Houston

67

24%

*123 Va

2

preferred

.

6%

22%

41%

100

Houston Light & Power

19

16

33% Jun
9

3%%

1,600

94%

preferred

conv

200

5%

*94

48%

Mining.—

Household Finance

4

28

8 %Jun

Nov

12%

48% May

'22%

5

pfd

67

*8%

20

23%

5%

5%

'

125%

preferred

2nd

30

3,800

145%

23%

24%)'

5%

V

67

48 %

;

200

DAY

*

19% '19%
*144

..

'24

5

Houdaille-Hershey

;>'66%

29 %

Co J

$4.25 preferred

3

6%

34

Co—

120

12%
80

*

Hooker Electrochemical Co. com—5

109% Aug 17

8
13

conv

8%

6%

*23%

& Sons

(A)

Homestake

28'

Sep

Jun

Furnace

Holly Sugar Corp

1

9% Jun

18%

Co

Holland

Hollander

8%

6%

•103

;

Paper
(Charlts Ef

13

8%

6%

"*123%

A

Dauch

20

25

30%

ser

300

ARMISTICE

12%

19%

No par

Corp

preferred

100

6,400

.CLOSED

*106%. 108%

145Va

.

No par
5

Chemical

% %

EXCHANGE

14 %

80

,

108%

♦23%

5%

100

Hotels Corp—

15

Heyden

,68%

8%

No par

com

21% Jan-

X5%

.

No par

•

$4 conv preference
Hewitt-Robins Inc___-.

26

24%

;■ 24%.
•"

*66%

..

25

:

8% May 20
16

Jan

21%

23*

24%

10

common

3

78% Nov
11% Jun

'

5

139% Oct

Motors

preferred
Hershey Chocolate

80

.

19%
*144

1

-_25

preferred

'

30

19%

7%

100

5%

16

Oct1

14

113% Jun

Jan

14

Sep

xl3% Aug 25
14% Jun 14

123% July

non-cum

STOCK

23%

14

12%

*12%

*107%

144

144
'

5

r

xI9%
144
;

35%

23
'

DAY

...

'34%

14%

ELECTION

107%

19%

24 'A:

'14
H

/

80

35% f

23%

.

CLOSED

12%

80

7' *

15

common

*12%

107%

*24%

■

100

common

Hercules Powder

131

Apr

114

Co

W)

Hercules

1

15

40

7%

Co

preferred

(G

49% Sep

Jun

122% Feb

Feb

3.65%
Helme

17% Aug 22

4

13 Va Jan

22% May
57% Apr

128%

105

Glass

preferred

(H J)

,

1

—

12%

33%

EXCHANGE

14

107%

19%
144

2

3

3% %

24 %

*

*

100

—

13

20% Jan

14

82

*80

"107%

1

Mfg Corp

17

19 Vh Feb

July

91

41%

preferred

24

14%

STOCK

35%)

*35,/"

t

24 Va

*12%

/

10

—

Hayes Industries Inc.—

7:

Jan

Jan

27 %

Jan

120%

Marx.

Corp of America' common:

4%%

8

27.

Si

35%

23%

*14

No par

com

84

26%

Oct

78 *

29%

Schaffner

'

>

5

.

Jun

Mar

20%

*20

Hat

*35%

•

'

Cementlng__5

conv

Hart

13'

7% Nov

25

6%

69

4%

35

Well

Hanna

13

Feb

149

May 12

142

iW F)

82

1

27%

'•'*"

'

170

46

:

*106%

600

107

*155

-

107

•155

-1-

46

46

*106%
_

170

26%

27%

26%

27-%

26%

27

82

82

82%'"'

82%

82%

82%

83

33%

*

33%

33 Va

33%

33%

34%

33%

34%

9,800

9%

1,900

:.
Ji

.•

,

5,800
390

K
11% Dec
x89

Nov

98% Dec

93%

21

May

98

May

101%

Dec

Feb

48%

Oct

60 Va

Jun

13% Dec

18

For

30

12% Jan

8

94% Jan
100% Feb
X34 % Feb
52

Jan

12
II
24

102

Aug 22

105% Aug 30
45% Oct 13

see

page




3

58% Oct

14% July 25

May
26 V. July
22% July

footnote*

Kalamazoo Stove Si Furniture—10

17% Nov

9

10% Jun

1

14% Jan

7

17Va Jun

23

21% Jan

8

xl3 Va Jun

13

173i Oct 27

24.

24

9%

9%

9%

9%

9%

*100

100%

*100

100%

100%

100%

*103%

104%

*103'/a

104%

*4334

44'A

43%

43%

43%

4% non-cum preferred.*
100
Kansas Power. & Light Co com_8.75

*56%

58

57 %

57%

*56%

16%

16%

17

16%

Kayser (Julius) & Co_
,.
5
Kelsey Hayes Wheel conv class A_1

*14

14%

14

14%

13%

*20%.

20%

20 Va

20%

20%

20%

*20%

16%

16%

16

16%

16%

16%

16%

Kansas

48% Mar

30% Feb
16% Dec

8% Jun

3.80%
4%

City

cum

Kansas

Class

-

9%

Power & Lt Co—

preferred

——100

—

preferred-—.i

100
'

City Southern

B

com—No par

1

16%

'104

105

*99

100

*103

105

43%

42 78

58

57%

57'%

17%

16%

17

14

14

14

10

43%

21

16%

2,100
110

"

13,800
-

'

.

:

1,900
500

1,000

■

THE

Number 4855

Volume 170

COMMERCIAL

NEW
'

Range for Previous
Year 1948

Lowest

I per share

V

42 Va

Feb

60%

Oct

40 %

Nov

51

Apr

39

12%

Dec
Feb

.92

,Oct
Feb

11%
63

!

29 %
89

Jan

37%

Oct

104

10% Jun

Oct

14

xl4% Sep :

Mar 18

72

,

20

90 % Aug

24

•4%

7

Sep

95% July

Feb

39%

Jun

*35% Feb

Feb

48% Feb

14

40%

Nov

58% July
49
Oct

Jan

3

4%

Feb

47/a

Dec

12

Dec

24

43

?

•

Koppers Co

7

4%

17

Kresge

20

Kress

Jan

,59% Nov;

Co

50

49%

•47%

15%

15%

.No par

23%

23%

23%

23%

100

1

common

4

-

l

:

72

"

28%

100

49%

50%

49%
x46 %

16%

16%

22%

23%

22 %

23

.•_,*,

96%
41

1

2,500

ARMISTICE

DAY

100

96 %

96%

41%

2,800

58%

59

1.100

58

*58%

59

1,400

57%

X56%

27%

27%

41%

57%

59

100

72%

*

59

■'■A 58%

59

;

160

96 !A

58%

DAY

*71

41%'

41%

►'

1,800

41%

96%

40%

59%

15

95%

96%

X58%

59%

3,700
EXCHANGE

CLOSED

*14%

28%

•28

ELECTION

2,600

103%

72

*71

28%

102 y4

14,800

STOCK

14%

'14%

72

28%

1

103

103

EXCHANGE
CLOSED

Shares

46%

16%

$ per share

50%

48%

;

STOCK

14%

*71

*96

No par
No par

14%

28%

*40%

_io

—•

*

15 %

.

103

103

'•

*71

10

(S S) Co
(S H) & Co.-:

'.-105

*14%,

No par

common

Kroger Co (The)

*103

the Week

$ per share

••• 47%

16'/#

>

,

Sales for

Nov. I t

16%

48 %

15%

'

:••

50%

48%

No par

com

Inc

*'Ti

49%

47%

5

<

preferred

26

59% Oct

-

Corp

rG R)

>

No par
Co

S per share

Friday

No*. 10

Nov. 9

$ per share

$ per share

,,

Thursday

Nov. 8

Nov. 7

per share

t

SALE PRICES
Wednesday

HIGH

AND

Tuesday

Monday

Nov. 5

"

Par

V

.

$5 prior preferred

42 % Aug

.98

16

45%

1

.

2nd preferred

conv

Kinney

22

31% Jan :

,

11

Nov

32

.

Kimberly-Clark

"

25% Jun

■;

■■

■■•>

Keystone Steel & Wire Co

9

Oct: 20

25

14

62

'<Saturday

r'V'V

.

1

L/>:>'>■/>: •>
4% Jan

6% May
Apr
Mar

17% Jan

4

9% Mar

14% May

9% Jun

14

Oct

53% May
29"% May

6

10

17
42

257/a Aug
Mar

>5

47

21%

Dec

99

Feb

13% May

19% Mar

14

47

19

43% Oct

19

Lee

22% Jan

1% Jun
Jun

13

Valley RR_

Jan

8

Lehigh

Valley Coal

12

4% Jun

15

Feb

56

May

*41% Jun

Dec

12

May

8% Feb

21

16 V*

Feb

26 Va

Jun

20 y# Feb

25

43%

Dec

56%

Jun

"44% Jan

8% Jan ,12

15

8 '/#

4

'52% Nov

"

'26% Sen

27

14

Jan

/ 34% Jun

14

37% July 27

Jan

72% Apr

13

91% Oct

'31% Mar

38%
91

174% Mar

Oct
Nov

47

Libby
Life

13
12

186

Feb

14

Jun

15

Sep
'43% Oct

:x6% Jun

13

10 % Jan

7

66% Jan

10

"'33% Oct

14

170

"

33

May

13%

Jun

'

55% Mar

52% Jun

70% May

>19

17

Jun

14

'13% Jun

:

17

13

Jan

Dec

23%

Jan

68'A

Dec

85

Jun

:65% Jun 14

78

Jan

Jan

24%

Jun

J16% Feb

5

23% Oct

26

14%

Dec

20% May
:68% Jun

14% Jan

3

57%

Feb

kl8

Feb

138

Nov

'21%

Sep
Jun

158

23

Nov

25

Dec

50

Oil

Lone

Star

Cement

Long

Bell

Lumber

Lorillard

;23%Jan

35% May
98 % July

20% Jun

Dec

Jan

14

24%

Jan

15 I Jun

-

7 %

Louisville

11

Lousville

25% Sep

13

95

20

14

Lowenstein

Oct

20

41% Jan

31% May 31'

Nov

Oct

(P) Co
preferred

30% Aug 29

4

17

25

14

100

4%%

21% Mar 20

Gas & Elec Co

(M)

pfd

Lukens

STOCKS

Range for Previous
Year 1948
Lowest

t per share

J per

t per share

share

0
52

r

6

ir%

1,300

2%
17%

7%

7%

7%

58.

*35%

36%

X87

87%

'85

■>•'11%

7%y

■:

'36%
-

V;
•

88%
44% f

...

62

15%
:

15%

f>

f. 24 y8

,,

24%

•25

,*167

•

169

30% y

34

180".

42

42 %

700

,7%

7%

2,900

61'A

61%

700

{31%

31%

6,200

Xl5

15

2 ">00

•;.;

15%

t

67%

€8

*66'/a

23%

22'A

22%

16%

17,

16%

16%

71

'71%

72%

21%

21%

22% 5

-v

C

25y»

25%

169
A

t.

,

34

24'/»•

24%

99 y2

•

30%

99%

*98%

18%

*18

Monday

Nov. 5

> Tuesday

t per share

I per share

i

'

90

>2,500

34

24

24'%

,

2,500

24%

10

100

*98%

100

3,700
4,800

30%

33%

*18

13%

400

18%

Nov. 10

y:

the Week

Nov. 11

;

I per

per-share

$

$ per share

Sales for

Friday

Thursday

Nov. 9

■'>!.*:

Iper share A,

•

f30%

■

Wednesday

Nov. 8

Nov. 7

1,800

169

HIGH SALE PRICES

LOW AND

Saturday

33%

24%

*

3,400

21%

167%

30%

33%

71%

>25%

:
*

30%

6.900

> 25%

71

169

6,^u0
;

121 %

25%

169 '

30%

%

\

500

70 ;A

22%

17

25

18%

Par

70

180
•'

,

23%

167 V2

a

•99%

EXCHANGE

100

3,900

67

18%

j 24%

*98%
*18%

85%

>32%

'3 1 %

34

*24%

*

.<?

43

15%

70%

34

<

15%

X22
'

•

30%
•

2,400

36%

16%

70% Z

*-

3,800

7%

23%

>•

17%

24

32%

!

2,500

59%

*%84%

86%
180'/#
•

,42'/«

62

23%

7%

■:•

66%

23% >'

•

23%
'59%
>

7%

A, 7% •'/ 8
61 %
61%

8

-

f

31%
•'*'

*66% > 67% '

1

1.700

*35%

180

43

7%

7%

23

180ya

43

62%
31% > 31%

V

-

•180

180%

15%

-

11

59

7% ■s:

>

300

3,000

;.10%

%
11%
23%

A

800

52

*35%

•

6'/#

*5%
> 52

92

;23%

10

$ per share

/

-

' >•

58%

STOCK

NEW YORK

Range Since Jan. I
Lowest
Highest,

Highest

:

a

24%

par

com

2'/#

;<• 17%

•

6

23%

■>: 70'/2

_

2%

17%

2.700

4

3%

2'/#

'}• 58%

l0:

..__100

;

4

17%

•

•

V*

No par

& Sons Inc

Co

2%

17%

1

..50

series A

Steel

2,300

58% '

16%

Nashville

&

45'A

24%

'

1;

(Ky) No

44%

58%
36%

100

45%

3%

24'%

100

A

45%

4

52

6%*

No par

(Md)

3,000

45

2 Ve

52

No par

Corp

3,700

f

8'A

:t

No par

common...

300

8%

17%

11% ■'11%

5

....

50

41

,

500

8%

'51%
>11

No par-

Lockheed Aircraft Corp
Loew's Inc
:

5

20

169

*6

No par

jt

600

24

24

8'/#

3%

18

52

No par

23

28

r >
v

7

2,400

22

22

'

5.';,,;

.

*94

8%

x45

2%

i:

"17%

3%

3 %

3%
21%

18%

8%

4

*3%
21%

96

*94

46

]

Co

25% Oct

Jan

96

4

;

Libby.
Corp...

25% Sep

72% Oct

18

*94

4

21%

18%

v

8%

46

&

6

8

91

Feb

McNeill

3

Jun

15f3

May

20

-

(The).

19 % Jan

.

Nov

37

18% Aug

X18

19
96

2%

'15% Jun

x60

30% July

Nov

18

<

14

18%
96

A

8%

25

Liquid Carbonic Corp com
3 % %
conv
preferred

27

13%

'

Lion

7

15%

*40

Liggett & Myers Tobacco cooll...2S
88%
7%
prefetred .1*
100
,r'. 180%
Lily Tulip Cup Corp
4
No par/
*42%
Lima-Hamilton
Corp
5
/
7%
Link Belt Co
1.
No par
*61%

'

8% Nov

41

*17%

Corp

Savers

41

1

Stores Corp
Libbey Owens Ford Glass

6% Jun

V

41'%

par

com

Lerner

8% Mar 30

24%

41 %

4

21%

*41% ■•-42

10

No

Lehn <fe Fink Products.:

28

60 % Oct

48%

24%

800

107/a

*46'%

24 »/i

preferred_.No par
2nd pfd
—No par

non-cum

Lehman

3

X10%

40%

24

1st

non-cum

50c

11% May 16

1

33

$3

11%

46%'

19

Lehigh

3

11%

48%

*24 %

'' *94

7

3

11%

*46'%

3

5

46

♦11%

100

Nov

13

14,100

7%

7%

7%

48%

Co com

24 % Jan

13

3% Jun

Apr

& Sons

7%

7%

11%

<24%

5*

3.85% cumulative preferred
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement

7%

*46%

'

1

_

Tir&

(James)

7%
4
22

*11%

50

•

Co
&

754

*37/#
*21%

No par

5% Jan

,

33% Jun

10%

preferred

Rubber

Lees

May 24
11% Jan 10

£ 90% Jan 20
6% Jun
3

15

6

98

4

No par

common

Lane-Wells

41%

157

4%%

19

Co..;

pfd__75 Pesos Mex

(The)

Bryant

Oct

10% May

Mat

Lane

26 % Jan

Jun

Nov

Light
6%

Co

7

Jan

82

Lambert

6

14

5%

8

Gas

Consolid

La

Jan

4% July
26% July

Jan

22 % May

11% Sep

Dec

8%

4V2 Mar

1%

Jun

39

30% Mar

21

,37
Jan
4
16% Jun 29

26% May

Dec

10

Laclede

26

Jan

19% Jun

43

i

May

90

Oct

8

8

3% Jun

share

Shares

M
9% Jun
x35%

Dec

40 ;
142-

Oct

129

13%

Jan
Feb

Dec

14

15% Jan

10

33% Jan

6

6

Jun

Apr

10% Jun

24% May

Feb

13

Dec

5

Jun

430

JUn

13

6%

Nov

10%

r

Dec

13%

Jun

26

500

Jan

Inc

10 i

Copper

Magma

3

Magnavox

Coal

Jan

9 'A Aug 30

Manati

8% Aug 25

Mandel

(The)
RR Co

Sugar

Mar 25

a_10
1
—60
1

—

Co

Mahoning

—

Bros

Co__

12%

36%

140

36%

*137%

11%

11%

'•>•

12% ' '

Xl2%

36%

*137%

5

—

(R H) <Co Inc com.-,—No par
pfd series A.
—.100
Madison
Square Garden—_No par

12

12%
*30%

;

n

100

4 'A %

6% Feb 24

Sep

7

Jan

22

19% Jan

24

Apr

Jan

20

23

21
525

-

• >
10

com-

Macy

100% Apr

Trucks

Mack

22

15%

Feb

>: MacAndrews & Forbes
25
G# preferred

9% Jun

Nov

Dec

Co

& M Wood Working

27

Oct

139

M

95% Jan -6
8% July 27

103 %

9%

10

*

27% Jun

Dec

10

.

30

?7

Jun

27%

94%
X16%

31% Apr
131
Jan

14'A Oct
37% Oct

39% May

'

30% Mar

490

«

140

ll'/s

31%

31%

31%

100 %

'•>*99%

100%

>

*10

10%

*14'A

14%: >

ELECTION/'

31%

*99%

15%
5%

Dec

6%

14%

15

8

Dec

Mar

18

7

Shirt

Manhattan

14%

29

24% Oct

24

Marathon

13

8% Oct

26

Marine

16 »A Mar 18

18% Oct

4

Market

"19% Apr 29

24'/# Aug

8

Marshall Field

Nov

22%

95% Jan
'

5

7'/# Jun

Apr

103% Feb

14

12

Apr

4 'A %

14

12

Co

;'S

*7'/#!

L)

(Glenn

Co

Jan

10% Feb

11

69% July

39% Jun

13

57% Jan

7 /
7

Martin-Parry Corp *

Feb

18

Dec

27% May

11'A Jun

13

19% Jan

7

Master

27%

Feb

45

42% Sep

13

Nov

176

Dec

19%

Oct

34% July 12

Sej)

1?

Jan

19% Mar 22

25

Jan

10

McCall

36% May
101% Jun

30% Mar 23

35% Oct

14

McCrory

15

Aug

16

38

Jun

1

47% Oct

15

84% Mar

93

Jun

89

Jan

4

97

179

Feb

93

Jun

89

Jan

11

97

77% Aug
8% Dec

85

Jan

80

Feb

23

87

Aug 25

84

33

12% May

Dec

110

Apr

21

Dec

25

Feb

88

41%

Jan

29

Nov

7% Jun

42%

Jan

30

Jan

43%

112

110

Jan

90

Jan

Feb

34

24

ADr

31

Dec

3

60% NOV

Dec

52% May
35% May

41% Jan

29%

30% Jan

4

41

87

Jan

98%

921/4 May

3

18%

15%

;

Feb
Dec

.

24% Jun
24%

Jan

101% Nov

17% Jan

25

20'% Jan

13

r

Dec

19 % May

7% Jun

14

13% Jan

Dec

62% May

34% Jun

30

49

Jan

18%

12% Jun

8%

Nov

50% May

85%

Nov

95%

3

.7% Mar 21

Apr 28

90

Jan

Feb

27%

Jun

8% Jan

39% Nov

35%

Dec

92

Nov

104% May

Nov

106%

101%

Feb

13

44%

Jun

3

97
118

18

July 27

30'% Jun

20

8
22

20

4

Aug
Nov

23'% Jan

20

38% Jan
102

26

Mar 14

97% Jan

3

18

110% Feb

19% May
69% May

8% Jun

14

14% Jan

8

Min

&

Transp

$4

Merritt-Chapman
Machine

Mesta

Metropolitan
4.35 %

Miami

2
15

Nov

56%

July
Apr

7% Jun

42%

43% Feb

10

87

Nov

98

May

87

9% Mar

54% Mar
98%

Oct

10% Mar

14

May

78

105%

Jun

18% July

Mar

66% Jun
104

7
10

Jan

4

10% Jun

13

48

139% Mar
12% Jan
12

Jan

see




page

Oct

20

8%

90

107% Sep ; 1
14% Jan 15
Feb

15

80

22% Nov

25>
9

Prod

1st

Minn

St

P

&

SS Marie

Minn-Honeywell
3.20%
Minn

conv

Regul

pfd

39%

97

10%
v'i.1: "Pi '-.".s'-"?

rV->'V/ Vvw

85'A

44%
97%
95%

*83%

85%

*10%

•

10%

*38
*111

112
•

w

21%

21'/#
33%

'•.

-h

34%

34'A

99%

38

99%

99%

♦98

38

*98

37%

38%

38

♦29%

30'A

30%

♦30

39%
'

*29%

21'A
34%
99%
38'A

59%

60

60%

58

60'A

39%

40

39%

39%

100',%

100%

100

23%

23»%

100

101

*23

24

*23

101%

*23

24

13%

14'A

14

13%

14'/#

14

14

14

*13%

13

13%

13'A

13%

23%

93%

♦92%

93

*33

23%

34'/#

*33

34%

23%

23%

9%

9%

40%

9'A

9%

40%

40%

♦13%
*7%

39%
96%

;

*

19%

8%

9%

13%
13%
93

23%

9'/#

40

40

14

13%

8

13%

*7%

13%

40

13%

40

7%

7%

*7%

39»/4

39%

38%

3 9'A

97%

95 %

95%

95%

95%

118%

116%

116%

19%

19

19%

116%

118

37%

37%

'

38%

39

19

19'A

19%

19

37'A

37%

*37%

37%

371/8

37'/#

101%

*100%

101'A

101'A

101 Va

101%

101%

108%

107%

107%

♦107'%

108'%

•107%

108%

12%

12%

12%

12 %

12%

46%

44%

45%

Min &

12%

__10

46'/#

No par

.'17'/#

1__5

26%

17%

17'A
27'A

27%

12%
X44
17

17'%

27%
131

•129
■

10%

..

10%

*129%

10%-

27%

'

130

131

11

10%
9

9%

9%

9%

3

*59%

60%

60 »/4

60%

60'A

61

100

98%

98%

98%

98%

98%

98

87 »■

86

•a;

9%

No par

*106
14

____

17%
27

11

*10%

Minneapolis-Moline Co common
1
$5.50 1st preferred
.100
$1.50 2nd conv preferred
.—25

Mfg common
preferred

17%
27

131

*129

45%

46%

'<

*9%

9%

107

>

•106

86%
'

13%

77

76

76

*21%

22%

22

22

17%

27%
130

10%

9'A

60'A

.../

99

85'A

86

,

106%

106%

106%

13%

13%

13%

75%

14

*76

86

44%

13%

106%

14

'

■84%.

60

12%

*98%

%

76%

22

22'A

*106

75
-

100

1,500

1,300
10

2,500

5,300
2,300
500

100
900

1,700
100

33%

7%

118

118

*117

9%

23'%

24

*95 Va

8'A

39%
*95 y2

23%

*33

23%

40%
"

14

14

*13

92%

•92%
V

70

36

1,000

30%

39%

102

20

112

59%

*99%

2,300

••

21 ;

21'A

34%

•

40

*95'A

39%
"

1.300

175%

*95

10%

♦38

10

1,800

x44

85'A

•111

250

3,200

2,000

*174%

96%

10%

f.

87

21%
♦34

;
T;

96'%

96%

900

13%

39%

40'A

175%

*174

1,700
7.000

53

39%

*86

•-■

(

700

200

13%

34

40

No par

$4

v

'<•v"-'

13

59

No par
com

series A

8,600

53

54%

97

112

30%

-v

,

13%

"3"v

<39

38

y

44%

39

-

• \

43%

*111

>

v

' '•/ *}.

40

No par

600

100

59

100

100

1,000

4,100

*107

Inc

2,100

9%

*100%

common

DAY

12%

pfd_100
,-100
8

Petroleum

Utilities

preferred
Minneap & St Louis Ry

4

16

24.

12

62% Oct 28

16% Jun
footnotes

25

98% Nov

67 V2 Jun

For

3 >

Midland Steel

'

ARMISTICE

9%
*

0

3.90%

series

Copper

Middle South

10% Aug

•C

99%

._60c

Co

Edison

Mid-Continent

May

*93

No par

Scott

&

preferred

13
9

16

112

No par
No par
No par

Co

preferred
conv 2nd preferred

19

Nov

1

'

;

10%

10%

39%

■

-(H;

21%
103%

*30

.3%

$3.50

Oct

11

Inc^

5.100

*12%

9%
12%

97 ■>•>

» *85'A

93%

17% Sep

124% July 14

*10'A
•111

*96

i

v

45

43%
*96

34'/#

213.* Nov

Jun

86%

•

*33

6

140

>>

♦92'%

14

Dec

*85

•:

96'A

96 »A

No par

Merck & Co Inc common

24

128

97

?

i

21%.
*103

I

2nd

Merch

4

105% Oct

14

*96

40 i

175%

•174

; >?„

44%

18

8%

18

18

22

18

23
8'/#

8

*

103

12%
x53 k '

■.

18

pfd (1st series)
__L_100
pfd (1st series)
60
Melville Shoe Corp—
._1
Mengel Co (The)
common
<
1
5 7o
conv
1st preferred—;.
60

19

Dec

37% Jun

>

175%

44%

*39

>>>>39%

40

40

*174

<•

13%

13'A

";'{•{ •' J' l-

»,>'•?"/

54'%

*54/

37%

10

Corp common

14'% Jun

Feb

13%

13 'A

''

8%
23

8

8

9%

9%

12%

*17%

23 'A

y> 103

103 %

9% >

55
■

23

21 %

34%

1

300

,

8%

;

3%

8%
'

i

17%;

17%

».
..>■■■■.

.

; 485
7%

>7%

>

> 8 VB

*17%

*54

13

*7%

7%

*476

7%

17%

*12'A

'

8'A

*12

1

Co

11%

11'A

=

>

No par

Co.

Stores

H%
485

21%

9'A

4 %

Mercantile

>:■

*103

103%

4'/4%

18'/# Jun

38%

*103

v

"'
-

105% May 25
17%

Jan

15% July 25

14

27

Jun

4

24'% Aug 16 ;

Dec

11%
47

Jun

15

2d

14%

17%
•

21%

Minea

MfgrCo

Norris

14%

14

'-21%

17%
22

21%

No par

McLellan-Stores

Mead

17%

Vyr-yTi C:

■

8%

23%

8

•33%

Robbins Inc com

preferred

McQuay

34 % Oct

12%

$4

17% Mar 11

20%

;

&

10 V4

*470

17%

8%

8'A

1

Publishing

Porcupine

16

93 % Nov

Jun

McGraw-Hill

Mclntyre

*17%

X23%

No pat
1
100

com

Co_r—

McKesson

Xl3'f Jun

12% July 14

Corp

preferred

conv

24% Oct

70% May 25

Jun

Stores

31% %

;i

28% Jun

23% May

common—

Corp

19% Feb

96%

14

Stores

>

»•" 9'A

preferred

Dept

McGraw Electric

9

46% May

Dec

Dec

9

13

80% Mar

15

21'
r

Oct

31%

■r,v:

V

20
21

-Sep

23% Mar

Jun

4

99% Oct

411

May

4

40

14

24

Oct 25,

39 V# Nov

4

29% Jun

,

10% Nov

27

May 25
Jan

9

Aug

May

„

Corp—No par

113

Feb

Apr

'•

8%

21%

/ >

—»—1

5

170

47%

10'A

'7%

8%

24

8'A

r

No par
.No par

Co.'

Chemical

Mathieson
7 %

*

Corp

Electric

.100
6
$3.75 preferred
—;
No par
$3.75 cum pfd 1947 series—No par
$3.40 cum pfd
:—No par
Maytag Co common—_No par
$3
preferred
——
—No par
$6 1st cum preference
No par

Jan

35% Mar

*165

Masonite

10'A

11%

•;.yr-2

7%

7'/#

17'A

6%

*23%

1

—

32%

100'A

14%

■"J' V?

485

8'/#

i-

100

preferred

Martin

32

100'A

10'A
'

CLOSED

11%

11

♦100

32%<

32

140

♦137%

100'A

11%»

*466

7'A

*7%

,

& '>"17'A

No par

com

47%

11%

13% Jan

&

STOCK

EXCHANGE

■

Corp

Sep

12'A
36%

7

1

,—6.25
Midland Corp
6
St Ry 6%
prior pfd—-100

;

•

>

14%

11%

■':■:•
«'

485

5

A—

•Maracalbo Oil Exploration

10% Apr

13

6% Jan

May

17%

Dec

9%

14

6% Feb 10

17'A Jun

>

DAY

10%

*10

-•

11%

11%
.y ♦465

No par

29% May
103% Jun

Feb

92%

15'AJun
>

JUn

25% May

Dec

22%

-

4

Feb'

18% Mar

"

v

*

7

36%

*137% 140
■'■:'■ i-.i. ll-'-.i vll'A

11%

>

1

1,100

12'A

36%

12'A

12'A
*36%

HCLOSED

y

'

r

STOCK

EXCHANGE

75

22

22

.

19

(1927)..

RECORD
LOW

STOCK

Kennecott Copper.
Kern County Land

5

,16% NOV

Jun

90

YORK

STOCK

CHRONICLE

■<

■

exchange

..--ifY'n

12

48% Nov;

,

17% Juu 15

75

Dec

20

new

V'V;

FINANCIAL

YORK

STOCKS '

,

56% Jan

; llVtFeb 25

104% July
14% Jun

Mar

Jun

•

$ per share

i

6

May

\24

>

Jun

Oct

16%

'•

Highest

* per share

,

40

.19

Since Jan. 1

Lowest

$ per share

j

Range

-

r

Highest

:

>

•

&

7,100
2,100
GO

500
200

3,100
300
270

2,100
1,800
90

30
1.100

3,900

20,000
3,600
20

1,300
600

2,600
90

1,100
70

3,260
210
700

20

(1928)

THE

COMMERCIAL &

NEW
Range for Prerious
Lowest

42%

Range Since Jan. 1

Highest

Lowest

$ per share

Feb

73 %

Jun

38% Jun

Feb

9% July

Feb

34

10% Oct

20

13
14

6

45 V*

Nor

Jun

6

35

Jan

20

9

Jun

13

12

Oct

25

26% Nov

4

56

14

112

19

111% Ncv

4

13% Oct

13

May
17% May

47% Jun

13

10% Jan

S

Not

27

Jan

16Mi Jun

29

11%

Jan

21%

Deo

14

20%

Jan

16l/2 Jun

19

29% May

Deo

23

May

15 % Jun

24

Jun

11% Jun

15%

Deo

12%

Jun

13% Ayr
23

20% J»n

12%

12%

12%

12%

12%

2,600

52'/a

523/4

51%

51%

9,000

b Co

Moore-McCormack
(John) &

Co

52%

52%

52

12%

12%

17%

12%

12%

173/4

173/4

24%

24%

17%

17%

24%

24%

23%

24%

23 Va

23 Va

21%

23 %

213/8

21'/a

14%

*14%

11%

10 3/4

20

38% Feb

17

19

11

4%

8

Co

14%
•11

9%

6c Bros.

-No pax

•46

300

24 3/s

24%

7,100

23%

23%

23 Va

900

21%

21%

21 %

213%

14 %

14%

13aA

14

700

10%

11

10 3A

11

2.800

9%

*9%

10

900

47%

X47%

93A

9%
•47%

110

47

110

143/4

•35'A

*

110

14%

1,800

3,600

483A

111

14%

2,200

111

14%

30

14%

37

•35

37

•35

•45

47%

•45

46

4,500

37

46

40

100

25%

14%

14%

200

12%

11

110

37

5,800
,

17%

47%

14%

•35

600

1,100
1,300

12%

9%

110

14%

80

CLOSED

17 %

47%

47

♦109%

14)

preferred

Myers (P E)

9%

47

30 3A

52%

52%

12%

•17%

Corp

108% Oct

27

54%
112

•22%

Jun

Nov

54

*108%

•12%

Products Corp
Brass

1

DAY

1
3

Wheel

55

No par

Inc

Motor

112% Mar 17

12%

X54%

ELECTION

No par

Lines

May

Jan

DAY

12%

45

51

53%

12%

112

1

ARMISTICE

110

Jan

July

26%

112

Motor

Oct

26

109%

Motorola

Jan

39

26%

►110%

Morrell

t

15 V4 Oct

26

2,500

111 %

107%

14

11%

111 %

Mueller

Jun

11%

3.500

EXCHANGE

111%

Mulllns Mfg
Corp_
Munslngwear Inc
Murphy Co. (G C) commo
4%% preferred
Murray Corp of America com

30% Mar 22

11%

4 3A

112

17 y4 Jan

10

STOCK

11%

4 Va

•30

•110%

14% Jan

41

19%

4%
30 34

*108

11

Jan

19'A

4%

112%

13

Jun

20

19%
30%

CLOSED

112

21

Jan

STOCK

EXCHANGE

•109

5

Co——I

9% Sep

17

4%
30'A

•111%

Utilities

x9l/4Jun

55%

20'A

4 %

♦30

Mo par

pfd series A
pfd series B

Oct

43

4%
30%

No par

conv

conv

Oct

Deo

4%
•30

2,500

55

16%

Sep

2,700

55

oom

14%

Deo

5,400

4%

11%

Deo

12%

10 Va

4'/«

26%

Feb

34

50%

10

11%

Nor

60

50%

4%

26 Va

10

49

51%
10%

4%

.

11%

33%

.

19%

Shares

10%

4%

20%

20%

the Week

t per share

50%

10aA

4'A

for

Sales

Nov. 11

t per share

25%

Montgomery Ward

21% Nov

1

51 %

10%

%

4

Friday

Nov. 10

t per share

25%

13.25

7

8

51 %

10%

t per share

No pax

34

15

14

51%

10%

Thursday

Nov. 9

11%

Montana-Dakota

o

Jan

25% Oct

9

t per share

51%
4%

PRICES

Wednesday

1.28

Aug 16

59% Mar 29

20

Co

SALE

Nov. 8

Inc

3

Jan

10

65

Deo

Aug 17

101% Jun

Hosiery

HIGH

Tuesday

Nov. 7

Monarch Machine Tool
Monsanto Chemical Co

7

103 % Jun

Oct

47 y4 Mar

4

45% Jan

May
Apr

10%

21% Jan

Mojud

AND

Manday

"

Nov. 5

7% preferred series A
100
Missouri Pacific RR 5 % con
pfd-100
Mohawk Carpet Mills
20

16

25

112%

Deo

10

5 y4 Aug

Jan

122

Saturday

Corp
Mission Development Co
Mo-Kan-Texas RR com

7

Jun

29% July
61% May

99% Deo
105% Mar
9%

Jan

44

Feb
Dec

LOW

STOCK

Mission

25% Mar 30

15 Va

9

22%

RECORD

f per share

6

13

3% Jun

YORK

EXCHANGE

64% Jan

3% Aug 16

x33y* Deo

STOCK

3 per share

14

15% Jun

July

NEW

Highest

$ per share

7% Jun
4

13 y*

YORK

Monday," November 14, 1949

STOCKS

Tear 1948

t per share

FINANCIAL CHRONICLE

Va

100

15'A

16.700

N
14% Mar
18

21%

Jun

10% Jun

Feb

20

14

12%

Sep

22

Jun

13

28

Jan

17% Jun

14

13% Apr 11
9% Apr
4

18% Jan

7

Jan

Nash-Kelvlnator

21

Deo

29

4%

Sep

8%

Feb

9%

9 % Jun

Not

10% May
13% July

13

17% Mar

10% Jun

13

13% Apr

28

Jun

14

30% Jan

3

Mar

45

Feb

July

32%

Oct

Oct

175% Jun

5% Not

9% May

32%

Deo

48

6

Feb

9%

Deo

4% Jun

Deo

Not

15

Oct

4

National

15
7% Mar 29

.

13

7%

Can

13
13

12

Jan

11

National

10

37% Nov

9

National

14

13

17% Aug 18
21% Oct
6

Deo

7% Jun

13

14% Feb

25

Nat

Jun

xll% Jun

14

18

27

96% May

Jan

86% May 13

95

Feb

38

15

Jun

Oct

25% Apr

14

37

177

Nov

7

Jun

Not

169% Jan

4

183

147% Apr

Sep

15

7%

135

130

149

Aug 19

6%

7%

34%

A Deo
19% Not
81% Mar
20

14

Jun

7% Oct

13

x% Jun

15

15

May

19% Jan

Oct

73 % Jun

13

«i% Wan

28

25% Nov

11

19 y4 May 16

25% July
94

15% Feb

25

f

Nov

9

30% May
15% May
12% Jan

Deo

not

x80ya Jun
21 % Jan

4

35% Oct

13

National

9V2 Jun

13

12 Va Apr

20

Natl

13% Nov

1

15

9% Jun

86

20

Jan

24

4%%

preferred
Tea

363/4

37'A

36%

36%

179 '/4

•178%

6

*6

8%

6 Va

34%
8%

36%

363A

180

500

3,600

180 Va

90
"

6 Va

343A

8%

12'/4
39 %

•

180

6

343A

12%
*38 Va

410,

6

35

6

35

1,000

35%

2,900

8 5/8

8%

7%

8%

7 Va

2,700

7%

7%

x7 Va

XlO'/a

7'A

10%

4,300

10%

10%

10%

8,000

7%
11

8%

36%

36%

37

15%

36%

37%

37

15%

15%

10'/a
37%

15%

15%

15%

15%

21%

15 %

21V*

1,300

21%

21%

21%

21%

15,900

8%

8%

300

5,700

21%

•8%
17%

21'A

9

9

17%

9

*83i

17.%

17%

90%

91

91

91

10

36%

36%

3 6'A

9

17%

17%

17 Va
92

93

37

182

36 Va

♦180

182

♦140

147

179%

180 Va

•146

147

145'A

140 Va

7

7

1

7

7

*6%

17%

17%

17%

%

16'A

146

100

7 Va

700

17 Va

17'A

1,500

%

%

Va

Va

243A

Va

243/4

25

25

24%

24%

88'A

300

883/4

88 Va

88 ;,/4

♦24%

88 »/4

88%

25

2,700

25

25

25 V

253A

1,700
6.90J

16%

%

16%

"

1,700

163/a

16

82

16

82

82

16Va

33

33

82%

83

82

32%

82%

33

160

32%

32%

11'/a

32 V4

32%

11 Va

1.20U

11

11 Va

10%

11 Va

12 3A

800

12%

12%

11%

123/4

5,800

•10%

No pax

130

25%

♦81%

-1

145%
-

6,000

181

■■■■/• 7

17% •-17%

110

36%

*180

%

•24%
i

36

/

:

25

88%

com—lo
100

i

37

88%

♦24%

No par

7

17%

900

173/4

92 m

•91

*180

1O0
100

Co

15 'A

13

39%

178%

27

36%

>10

Fibre

27

15%

•12%

•38%

34%

7%

15%

13

393/4

37%

1

Co

Vulcanized
Natomas Co

8,700

153/4

13

*383/4

179

.12.10

common

National Sugar Ref Co
National Supply (The) Pa

Jan

15%

13%

11
; ;

i

National Linen Service
Corp

10

21

700

6

Nati Malleable & Steel
Cast-No par
Natl Power & Lt ex-dlst
No par
National Shares Corp
No par
National Steel Corp
25

I

2iy4 Feb

7'/a

No pax

$4.50 preferred
National Lead Co

19% Jan 21
U Jan
4

25% Jan

Not

9%

Jan

5% Mar 10

Jan

114%

not

10%

Jun

1

25

16% Not
80 y4 Not
21

Feb

7 Va

40

;

per

preferred B

5% Deo
15% Feb

7%

8%

1

preferred A

4

29%
162

1,100

7%

34%

No par

Enameling & Stamping.
Gypsum Co com.

7 Va

21%

13%

179

National

Oct

•21 Va

7%

37

1

15

27

22%

xl5 Va

10

15%

26%
21%

7%

♦39

No par
1

15

27 V4

223/a

16%

4

Department Stores
Distillers Prod—Mo

National

16'/a

27

21%

7%

f

Corp

15

27

22%

16%

10

common

Cylinder Gas Co
Dairy Products

National

"

Fibres Ine—1

National Cash Register
National City Lines Inc
National Container Co

9% Jun
13% Feb

1

Co

15

♦22

100

Biscuit

National

35% Aug
5
8% Aug 19
9% Jan
8

15
27

1

preferred

Jun

17 y4 Jun

•

100

National Aviation Corp
National Battery Co

4

27 Va Feb

Jun

14%
20%

Sep

National Airlines
National Automotive

185% Sep

6

5% Jun
5

May
22% May

12% Deo
85

16% Nov

13

30 % Jun

21

17%

Jun

32

14%

3

170 y4 Mar 15

9% May
13% Jan
14% Aug

10% Mar
24% Mar

Jan

Corp

Nashville Chatt & St Louis
National Acme Co

41
Aug 28
37% Nov
4

29

26%
162%

5

11%

12%

12%

12%

16%

>

Range for Previous
Tear 1948
Lowest

Range Since Jan.

Highest

t per share
9

12%

Lowest

$ per share

Not

19% Jan

9% Jan

12% Jun

10

Jan

xl01%Jan

86

12

Feb
Not
Feb

12%

Deo

70

29

Jan

Not

64

Mar 28

93% Jan

12% Jan
99
Aug

90% Mar
38

May

98%

July

42

28% May
90% Jun

65

New
New

Jun

14

63

Nov

3

9% Feb

25

13% Jan

10

Feb

34%

Oct

Not

23% Jun
24 'A Jun

14

9% Jun

72% Jan 27

14

43% Jun
18% July

13

39

Feb

121

Feb

92

July
July
23% Apr

20

Mar

49%
200

56

Jun

Q

86

13

140

10

Jun

27

Jan

Jun
Jun

48

265

6% Mar

20

20% Jun

61

Jan

Mar

14%

Jun

14% Jan

21

Feb

10

5% Jun

25u

13

96

14%

Jun

Feb

91% Jan

out

15% Fet

28

Dec

Dec
Deo

86

25% ,Tun

13%
23

17% Juiy
30% Jan

Feb

25

Aug

8

Jan

92

Mar

6%

Deo

3
14

20% July 19
11% Jan
7
18

31

Dec

84

13

28

Apr

29

107 Va Sep

19

7

Jun

6
14

40%

32

15

Apr

7% May
14%

'

Jun

1% May 21
11% Mar 2

Jun

38% Nov
18% Oct

11

7

11

Sep 26

94% Aug 11
ino% M,r o2
12

Oct

25

20% Oct 27
■JO.

/all

4

4% -Ten

11

14% Oct

7

27% Jan

99% Jan

43

Jun

18%

"

jun
Jun

Jan

23% May 31
17% Jan
8

36% July
Xl09% July
12% A or
100
23

Jan

37%

Jun

Jun

3
3

14

91% Jnlv ?e
6% Feb 11

juo

27

20

Jan

Jan

79% July 13
18% Aug 22

13

May 18

107% Nov
33

2

Wan

19% Mar
31% Jan

2o

Jan

Deo

89

Feb

tvf

7g%

.*•»>

For

System

common

York

Air

York

Brake

N Y Chic & St

preferred

Gas

preferred

29%

10%

10%

DAY

66%

67%

10%
*97

61 Va

10%

67

103/s

10Va
*66 %

/

10%

2.400

DAY

2,200

;

260

293A

29%

29%

30

x2D

2 9'/a

273/4

2,700

27 Va

273/4

X26

26 %

900

10%

10'A

163/8

134%

80%

81

135

83'A

13,300

;.//%
100

♦133 %

13%

.

13%

!;.

/

'

200

14

2,400

26

26

26

26

300

•55

63

235

•55

63

*55

63

•220

235

►220

235

*220

235

7

7

*6%

♦24

7%

28%

27

6%

6%

6%

28%

17%

28%

28'A

98

•97 %

28%

28 Va

28

97%

98

97%

97 Va

*98

17%

50%
23%

X17%

50%

17%

50%

•16%

50%

17

16 Va

6%
V

V

' /
''

'

/■

•;•••«

1,800
900

'

170
.

16%

50%

50%

50

95

*94

951/2

24

,23%

24%

9%

500

50%

94

9%

94

94

94

23%

23%

•23%

10%

10 %

934

9%

*243/4

25'A

25%

25%

25

50%

50%

51%

50%

'•

•

1

2,600

251/4

50 Va

50%

10%

*24%

25%

50%

50%

*27

V

28

98%

23%

10%

27%

.

■

110

■V,

300

y.y
♦27

800

3,000

4,300

27%

18%

•27

18%

13%

19'/a

19

10%

10%

10 Va

19%'

19 Va

13%

30%

10

*79%
37%

80%

30%

10 Va

♦79Va

103/g

79%

37%

79%

78%

79

37%

38%

17%

1

37 Va

17%

37%

371/4

37%

17'A

17 Va

4,800

17 Va

17%

16 3A

17 Va

4,400

10%
92

10%
V 91 %

(2

92

109*

108 3A

109

109

<

8#
10

Pacific Ry
100
Northern States Pwr Co
(Minn)—
Common

No par

103A

No par
No par

10%

*91%
109

10

91%
•108%

11%

28
'

11%

*19%

3%

2.88

11

,

,

80%

11%

10 Va

27%

18%

19%

13%

34%

34%

35

*23/4

3%

*23A

3%

13%

133/4

13%

14

10%

10%

18%

34%

3%
13%

13%

»

10%

193/a

-

*27

10%

34%

*33 Va

'./■•

103/4

92
109

'

'

80

1,200
'

134%

13 Va

•220

*93%

No pax

*133

12%

63

10

Co

135

12%

•55

2§

preferred

•133 Va

13 Va

26"%

100

common

135

12%

♦24

8.10

Co

Northwestern Telegraph
tNorwalk Tire & Rubber

7,400

ARMISTICE

68

103/8

Northern

Northwest Airlines Inc

30

CLOSED

f 61%

82%

23

preferred

.;

•27%

4

preferred

EXCHANGE

27%

•27

No par
No pax
No par

10

500

99

60 %

10%

66%

500

STOCK

29%

1

Gas

Pharmacal

10%
99

61

10%

North
American Aviation
Northern Central
Ry Co

Norwich

ELECTION

700

-

102

84'A

preferred
American Co_

$4.80

10%
♦97

62%

*101

10%

Co

83.60

CLOSED

99

62%

...

101%

84

—-—

Natural

101%

84%

Adjustment

4.6%

69

♦67

10%

*97

EXCHANGE

•83%

Norfolk & Western
Ry com

Northern

10%

♦38 3A

100

Corp

Chemical

102 Va

STOCK

10%

Industries

Electric

North

62%

25

Noblltt-Sparks
Nopco

99

10%

Corp—

Common
33.75

38%

♦97

Light 3.90% pfd—100

Noma

38%

38 3A

10%

Shipbldg Corp partic stock—1
&

31

Shares

103%

♦62%

Y & Harlem RR Co
M
N Y New Haven &
Hart RR CO-100
Preferred 5 % series A
100
N Y Power &

Elec

103%

104

383A

10%

Louis Co com

N

N Y

104

*103

38%

♦101%

No par

preferred series A
N Y City Omnibus
Corp
New York Dock common
non-cum

103

$ per share

14

104

for

the Week

10

No par

6%

$5

1.0
14

10%

1

Central

10
14

102%

4%%
preferred100
Newport News Ship & Dry Dock—1
New

10
14

Sales

Nov. II

$ per share

10

13%

10%

Jersey Pr & Lt Co 4% pfd—100
Mining Corp
10

New

t per share

10

13%

•101'A
•

Friday

Nov. 10

10%

38%

1

99

u

Tan

'»

Jau

I

footnotes

set

13

36% Nov

2

Nov

1

105% Nov

4

<Jull

1

16% Jan

64% July

7
3

24




7Q

Jen

Co

common

I

preferred

10c

Co

Corp

4%%

J"n

49% Jan

4.40%
Ohio Oil

No par

24

38

59% Oct 28

8%

common

Corp

preferred
(The) common

convertible

preferred

27%

■

'•

J

53,300
9,300
140

103/4

18,500

92Va

-

.

109

370
370

10%

6,100
1,300

18%
;

18%

35V»

35'A

90

31/4
14

31/4

200

14

600

cum

Glass

32%

32%

105%

10534

106 %

150

30%

29%

30

29%

18%

29%

*18%

18%

11,700

13%

18%

183/4

i83A

X24 Va

?4%

24

24 V4

93

94

94

26%

9

,

26%

27

93%

93%
V

•92%

94

9

•91

92

♦20

22

8%
91

20%

Co

93

8%

92

20%

"•"

36%

,36 %

353/4

105'A

105%

105'A

*20

36%

♦105%

aJHi
No par
13 v

9

8%
92%

21 Va

*20 Va

36V4

4.200
260

105 %

105%

^10Ol/4

4,300
100

36%
105%

15%

*14%

15"%

*14%

15 V2

*75

77

•75

77

14%
*75

14%

100

58 Va

58%

58

,.

.

%

,

'

77

58%

'

•

,

58 3A

200

.

21 Va

36%

77

58%

;.

96 »A

*14%

58%

9,300

9%

♦75

58%

32%

Va

36
*

32V8
*105

92

8%

91

62.50

Co

Ow*n*-THlnoi8

32%
106 Va

30 %

A—100
V"

preferred

Outboard Marine &
Mfg

Outlet

32%

105%

30%

26%

10o
8

32%

107%

30%
*18%

10

Oppenheim Collins
Otis Elevator common
$4

32%
*107

No par

convertible

Omnibus
10

28

11%

Edison

Oliver

9% Nov

96% Nov

Ohio

Oklahoma Gas & Elec 4%
pfd—20

105
NOT

common_Nopax

Industries

Thursday

Nov. 9

t per share

14%

♦103

Newmont

Newport

PRICES

Wednesday

10%

100

100

Elec

SALE

Nov. 8

O
34%
103

Deo

47%

14

13% Jun

20

Id %

Jan

11% Jun

Mar

88

80

Mar 24

8Va Jun

Deo

Feb

28

w

75% July 22

Jun

7

27% May

10% Mar

22%

9

10

Wan

lo

17% Mar

Jan

26% Deo
92% Jan
26% Feb
16% Apr

Nov

l*

20

109%

Nov

3%

95

24% Nov

28% JaD

90

Oct

23%

,

6

59 % Jan

Mar

8% Feb

Nov

16

3

Oct

26

38% Jun
27% Jun

Aug

8%

Jan

52

47% Sep 21

Jun

England

t per share

HIGH

Tuesday

•13%

common-

preferred

N Y State

20

16% May 4
6% Jun 16
21 y4 Jun
6

13% May

Deo

103%

99% Sep 12
19% Apr
7

15% Jan

93

Feb

78

9

21

17%

82% Mar
16%

33% Jan

62% Not
28 y4 Jan

14% Mar

25%

14

48% Sep

20

55

Jun

tiar

9% Jan 21

4

19%

21

3%%

21

Feb

Jun

I

27% Oct
60 % Oct

Not

w

13

3

86

Jan

Oct

Jan 21

14

20%

81

12

Fet

225

39% Juiy

Apr

33% Jan 12
13% Jan
7

117% Jun

144

11% Mar

15

Inc

Nov. 7

# per share

—No par

Bros

preferred
Newberry Co (J J)

99% July 29

20%

Deo

2

Corp

Monday

Nov. 5

4% °/o

3

31

12%

Nov

Nehl

Nelsner

Mar 21

Apr 30

Saturday
Par

102% Oct 27
10% Oct
7

8y4Jan
94

39

I

LOW AND

STOCK

t per share

13% Mar 30

May

104

YORK

EXCHANGE

14% Mar 17
103% Aug
4

19

Feb

8

NEW

3

Not

87

1

Highest

Sper share

*27% Mar

100

STOCKS

..

r

4,500
60

;

100

.

—

3,600

Volume .170

Number 4855

THE. COMMERCIAL & FINANCIAL CHRONICLE

NEW
Range for Previous

~

Range Since Jan. 1
Highest

Year 1948
Lowest

Sper share

NEW

$ per share

J per share

YORK

14

Saturday

Apr

Jan

7

Pacific

Amer

18

Pacific

Coast

71

Apr

Fisheries

Co

Inc

non-cum

2nd

preferred non-cum

No par

43% May

40

Jan

17

Jun

21

Apr

14

Paomc

Finance Corp

36%

Jan

34

Sep

13

Pacific

Gas

55% July

54

Jan

6

Pacific

Lighting Corp

Mar

147% Sep

22

Apr

4% Jan

8

Oct

13

62% May
5% May

44

11% May
21% Jun

10% Apr
Oct

Pan

8

Motor

American

19%

*19%

32%

32 y8

51 %

51

51%

51%

30%

29 Yb

29

29

*100%

preferred

1

Mines

2.50

Transportation
A

No par

Enterprises

9

preferred

*16

No par

Corp

preferred

9%

%

23 %

*31%

31%
114
'

23

*110

100

Light Co

21%

No par
50

Jan

29

Jan

3

99

Oct

96% Feb

9

20% May

7% May 31;

24%

Jan

30%

Jan

21

May

102

104

30

44%

May 16

RR
series A pfd

conv

36%

13

Peoples Drug Stores Inc
Peoples Oas Light A Coke„

*35

Sep

100

115

115%

20

Peoria A Eastern Ry Co

100

*12%

3

12

April;

28

Sep

14

Pet Milk Co common

106% Sep
13% Nov

28

Jan

ft

17% Jun

9% Jun

14

20% May
64% July

Jan

3

31% Aug

3

6

53% Nov

3

Pfizer

36y4Jun

7

33%c

59

July

55
May
104% May
247/a Jun

•

3

4%%
;

*27

100

*103

preferred

Petroleum Corp of America
Brewing Co
(Chas)

8
No par

A Co Inc

1

63% Jan

90% Mar 24

20% Jan

3

25%

Sep

23y» Jun

8:

115%

Jun

110% Apr

2i

Phelps-Dodge

58

Oct

22

Philadelphia Co 6* preferred—50

105% Nov

■

x48% Mar 30

2

24% Nov

6

7

26% May 16

117

Sep

Corp

28

56 preferred
Phlla

No par

Electric

Co

4.4%

53 :i

No par

25%

>,

.

,

25%

*113

98

Jan

7

104

Aug

8

3.8%

100

*102

113%
102%

^

Jun

preferred
preferred

100

103%

Jun

105

Apr

8

110% Sep

1

4.3%

preferred

100

*107

107%

r

Range for Previous

STOCKS

Year 1948
Lowest

# per share

Range Since Jan. 1

Highest

:.V

$ per share

Lowest:

I per share

14

Jan

21%

28

Jan

45% July

22% Jun

Sep

91

July

79% Nov

4

Dec

37% Jan

4

25 Yb Mar
87

Jan

82%

Nov

39%

97%

Jun

88%

Oct

11

Deo

13%

Sep

87%

Jan

54%

Jan

92% Aug
77% Jun

10

Deo

14% May

11% Jun 28

93% Jan

3

Jan

8

10% Feb

10

88

87% Aug 18
51% Jun 14

7% Sep

8

34%

Jan

103%

Jan

100% Jan

Sep

19% Jan

7

40% Jan

,

7

88% Feb

8

50% Oct

'

11

102% Aug 24
103

Oct

13% Oct

91

31

28

Oct 28

64

Apr

11

Mar 3ft

19

5

100% Jun

22

113
15 %

26

Jun

11

July
86% July

79

Jun

93

23%

Jun

13

Jan

>

Jun

24% Jun

10% Jun
Jan

39%

Jun

28% Jun

Jan

6% Jun

13

20

Jun

170

Dec

96

Oct

7% Jun

14

58% Nov
14% Jun

161

July

136

46% July
12% July

Aug 12

147/8

24 %

25%

24%
25%

113
102%
107%

113%

113%

102%

102%

•101%

102%

107

107

*107

107%

f 113
*102.

107%

LOW AND
Nov. 7

.

15

15

49%

49%

49%

100

.^*100%

100

*103

No par

*12

:

3.60% preferred
Phillips Jones Corp com
ft#

preferred
Phillips Petroleum

100
No par

Phoenix Hosiery——-

•

-

*80

60%
*7%

101

*100%

convertible

103Yb

*103

92
•

92

60%
<

1

13%

•153

158

•163%

165

35%

35%

35%

X34%

35

7%

7'/a

7%

.7%

9%

'9%

9%
■<

'60%

*16%

17%

*136"' 140

1

42%

43

12%

12%

23%

11%

J 43

Mar

:

7

78%

ft

15%

com

83

•4.78 cum preferred
No par
Co of Colorado—20

Public Service

Inc

x25

Feb

9% Jun 28

14% Jan

7

14

Jun

15

92% Jan

4

74% Jan 22
9% Apr
100% Sep

4

7

23% Jun

14

29

Jan

19

21% Jun

14

30% Feb

4

26% Jun

17

17% Jun

14

34% Feb
23% Jan

7

Oct

20

43

3

35

28% Jun 29
Per

footnotes

com

common

preferred
Purity Bakeries Corp

66% Jun

see




page

34.

36

Jan

Jan

3

7

1st

non-cum

.

28

28

79%

79%

15%

15%

83%

83

46%

46%

,

15%
'

83

46'A

24%'' 24%

24%

25
29

28%

34

33%

34

No par

31%

32%

31%

31%

100

107%

107%

107%

107%

No par

28%

28%

28%

28%

•19'/a

19%

*19%

19%

02
preferred
Reading Co common
49

11%

15%'J15%

33%

of America com—No par
preferred
No par

non-cum

43%

■;

28%

Radlo-Kelth-Orpheum Corp
—1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonier Inc common
1

4%

43%
Xll%

•

No par

Quaker State OU Refining Corp_lft

•3.60

V

46 Vs

No par

conv

Radio Corp

'

12%

42%

No par

com

$1.40 dlv preference

x7

22%

42 y8

79%

29

No par

Inc

59

140

.7%

•28

preferred series A—50

70

•11%

;

15% -15%

—10

145

21%

43

81

B%

•136

140

12

Publlcker

Feb

•136

'

•16% ,17

17%

*16%

.

10

58%

23%

Procter A Gamble

101%

59%

.

7%

69%

59%-

42%

Feb

Industries

•130

.

70%

11%

Feb

(The)

145

23%

NOV

Pure Oil

,

70%

11%

18

Feb

♦135

43%

62%

13%

13%

13%
165

24%

22%

x25 Ys

30 %

158

Pressed Steel Car Co Inc com—1

Pullman

86

29%

•153

*60

1

Nov

Pub Serv El A Gas

12%

86

*163%

69% " 70%

100

5%

100

30%

13%

13%

10

Power Co

31

104%

86

30

No par

class B

Deo

•94

164%

145

Potomac

Nov

*104

;

158

7

ft

Jan

100

35%

8

Electric

•30%

31 \
104%

*163%

10

Poor A Co

Dee

DAY

YCLOSED

9%

♦153

*135

Pond Creek Pocahontas

32%

59%

59%

♦84%

30%

100

Jan

20

ARMISTICE

*9

86

No par

class B

—

25

91%

EXCHANGE

12%

30%

conv

13

*89

8%

*84%

4%%

103

*12

DAY

61

8%

1

lo

let preferred
2nd preferred

2ft
60
50
50

*19

50

103

13

ELECTION

30%

No par

4,300
STOCK

103%

*12

12%

*89

par

preferred

vu

*103

103%

12%

13

No par

preferred—No

49
101

100

com

49%

49 %

3,600

101

*94

Deo

14

80'A

101

*104

Feb

10% Jan

30%

*100%

101

61
8%

Shares

15

30

5,700

'

No par

Plymouth Oil Co

1ft

14%

31

49%

2ft

common

preferred

12%

18% Jun

15%

15

Sales for
the Week

$ per share

•79%

49%

preferred

Friday
Nov. 11

Nov. 10

t per share

t per share

80%

Philip Morris A Co Ltd common—8

Thursday

Nov. »

29%

30%

80%

PRICES

Wednesday

■'

15%

-

SALE

Nov. 8

S per share

I per share

share

HIGH

Tuesday

Monday

30%

11%

,

24%

25%

113%

30%

29%

32%

: 24%

25%

80%

4%

46%
103%

65

103%

113%

30%

Piuugn too

11

46

*103

46%

54%
103%

25%

*79%

Pittsburgh Young A Ash pfd
Pitts ton Co (The)

% Jun 14
8% Feb 24

36% Feb

per

preferred class A
—100
8% 9 1st ser conv prior pfd—100
Pittsburgh A West Virginia
100

Xl9

70% May

1

[ I

6%

15

Oct

46 %

12"%

24%

3

1%

10

26%

Par

preferred series A

Pittsburgh Plate Glass Co
Pittsburgh Screw A Bolt
Pittsburgh Steel Co com

• Apr
7
65% Jun 21

12%

24%

Saturday

v-

Pitts Ft Wayne A Chic Ry com—100
7# gtd preferred
100

135

82% May

52

Pittsburgh Forgings Co

13

10

28%

51%

Pitts Consolidation Coal Co

28

142

27%

52%

100

35

26

156% Jun

:!

■

Corp common.

3%%

Pitts Coke A Chem Co

7

Apr

July

12%

28%

52

Nov. 5

A Reading Coal A Iron

Phllco

$4

13

155

:

Pitts C C A St Louis RR

3

169

Phlla

12%

28

53

'■

STOCK

"■

Flllsbury Mills Inc

15

»

YORK

EXCHANGE

t per share

28

81

Nov

NEW

Highest

8%
104%

*25%

24%

111

*■

♦103

104%

28

13
29

46%
46%
55
J 65
104% 104%

46%
55%
104%

12

*27'A

12%
28%

»

53

46%

36%
117%

8%

8%
28

•103

104%

,

♦10%

53

13
29.

*54%
*103%
i 24%

No par

common

$1 conv preference com

22

*12%
28%

r

8%
28

28

*27
*103

117

12

12

8%

8%

8%

117%

117%

115%

12%* 12%

•35%

36

36

36

115%

28

104%

34%
44%
114

*35

12%

8%

No par

Ffelffer

40% Jun

17

8

Pepsi-Cola Co

Mar 11

8% Jan

*112'%

100

12V* Oct

120
;*

21%

14%

Pennsylvania Salt Mfg Co com—10

45%

52%

52%

7

Gl»<<s Sand Corp com—No par

Penn Power A

34

*8%

10

Co

16%

33%

No par

Coke

Cement

6%

*6%

5
25

common

prior

A

1

Co

Penney (J C) Co_

3%%

6%

6

6%

1

Penlck A Ford

5%

67%
102

102

102

6Va

No par

Proof

Pennsylvania

67

69 y2

67 y2

•100%

6%

1

Peabody Coal Co

Penn

6%

10o

Inc

Parks Davis A Co

Coal

70
102

68

l

No par

Park Utah Consolidated

Perm-Dixie

4

8%

Park A Tllford me

Penn

3%

41%

3%

4

20%

When issued

conv

3%

8%

com

Pictures

40%-

42%

41

4

*19%

Panhandle Bast Pipe L com—No par
4%
preferred
100

b%

41%

8%

Panhandle Prod A Refining

Mines

41%

20%

7

Fatlno

142%

*3 %

8%

18

Parmelee

141%

3%

20 y2

27

Rust

102

142 V*

3%

8%

8% Apr

Parker

101%

142

3%

20%

70 ya Nov

convertible

102

142 %

3%

8%

102% Jan

4%

102

*141%

1 *20%

Oct

Paramount

*101%

1

2%

Jun

Inc

ARMISTICE
DAY

29%
102%

*30

3%

May

Cos

2U%

Transp—ft

Petrol A

STOCK

EXCHANGE

33

51'A

33%
51%

No par

Car

Shares

34

19%

33

66

Paraffins

34%

34%

35 %
20

100

11%

/

for

the Week

CLOSED

33

1
10

Airways Corp

Pan-American

20

35

•

8%
GO

34

60

Sales

t per share

12%

•8%
*57

20

No par

Pacific Tin Consolidated Corp
Pacific Western OH Corp

Packard

12%

9

10

Nopai
Pacific Telep A Teleg common.. 100
6*
preferred
100

4% Jan ' o
22

1

Nov. 11

t per share

I per share

Sper share

Friday

Nov. 10

Nov. 9

21

of Calil

Electric

A

t per share

Thursday

Wednesday

13

*8V2
60

Pacific Mills

34% July 20
103% Sep
8

147

-

No par

21%

44% July
104% Jun

*12%

preferred

PRICES

HIGH SALE

Nov. 8

Nov. 7

tper share

I

10

common

1st

4

AND

Tuesday

Monday

Nov. 5

Par

10% Jan

May

6%

RECORD
LOW

STOCK

I per share

15% ltay
71

STOCK

EXCHANGE

Lowest

Highest

15

YORK

STOCKS

19%

12%

■

29 %

"12%

7%

74%
7'i

99%

99%

73%

26%

26%

27

24%

24%

24

24%

31%

31%

30%

30%

♦19%

19%

19%

•35

37

•35

37

31

•29%

30%

26%

*29%

19%

•

100
20

22

—

Year 1948

t per share

$ per share
15% May

Dec

18

Dec

10% Jan

♦per share

14

Rels

Bros

11%

♦11%

♦ per share

No par

*16%

:17%

♦16%

11%

*11%

17%

17%

17%

16

15%

16

17%

(Robt) & CO—

V 15%

16

16
*

8

14%

Dec

17%

"

814 Dec

i

18% Jan

614 Jun

14

8%

Dec

Aug
15% May

50

7814

Deo

99

Aug

73

1014

Dec

29%

Jan

6%

f

Feb

Reo Motors Inc

12% Jan

8

8% Jan

■7

3

2 V* Jan

3% Apr

8

10

6% Jan

4

9% Oct

Jun

13

27% Jan

—5
100

pfd 3Vs% series
Remington-Rand common
$4.50 preferred
j

0

6% May 31

8%

*56

57%

STOCK

56

56

57%

*56

22%

8

*

6%

•21%

CLOSED

7%

7%

*6%

EXCHANGE

22

22

7'A

,

6%

*614

6%
22 >A

7%'

;
'

'

■'

,

-

*6%

'

6%

*21%

'

22%

'

25

'

11%

11%

11%

11 %

Jan

31

15

16% Jan

12

Aug

1

99% Jan

5

May

414 Aug

2

5% Apr

18

Apr

18% Jun

28

Jan

28

Jan
Dec

111% July

91% Jun

13

15

2114 May

10% Jun

82%

Feb

102

103
,

;

8

4% Dec
,
'*

2914

19% Nov

10%

'

DAY

11%
89 %

10%

60

11

ARMISTICE

91

*88

y

DAY

8%
88%

98

convertible

8'4

8%

8 %

8%

8%

8%

5%

6

6%

6

6%

6

6%

50c

3%

3%

3%

314

3%

3%

3%

3%'

preferred

*8%

22'/a

8%

*8%

6,5C0

9

22%

22%

22

22%

21%

104%

•103

104%

*102%

Reynolds Spring Co

8%

;" 8% ;Y

1

'■*.'

-

50

Sep-19

Common

Aug 18

Preferred

3.60%

series

100

*93%

Preferred

4.50%

series

104

*10714

107 Va

1

*1814

18 'A

4

107% Oct

13% Jun 13

19% Jan

Reynolds

28
13

102% Jan

Deo

24% May

Jan

49

Dec

28

24% Jan

Jun
Jun

Rheem

6%

Feb

12

19%

Feb

714 Jun

29% July

13
12

Ritter

July

Jan

Roan

5%,Jan. ,5

13

10% Jan'

21

Jun

28

25% Oct

36

Jun

15

4%

17% Oct

10.

Ronson

Art

Metal

Jun

27% May

16

13

18% Feb

3

72

May

27

Jan

39% Apr 25
8% Sep 28

57% Oct

18%

Mar

Royal Typewriter

Dec

64

'

8% Deo

18%

Dec

187%

Sep

11% Jan
113

8%

16% Jan

Feb

113% Feb

10

35% May 11

48% Jan

3

Feb

31

Jun

13

Jan

139% May

87

Jun

13

68

Jan

101

78

Jun

9

82%

8

7% Jun

Jun

Feb

13% May

79-

Feb

8%

_

Safeway Stores common
■■■5% preferred

109% Apr 27

67

!

29% Oct 13 >

3

Jun

1614 July
48% May

13

614 Jun
77
July

St Joseph

12% Jan 25

,

42% Jan

9% Jan

7

St Regis Paper Co common

Feb

85% May

22% Jun 1$

30% Jan 12

51

May

4614 Jan

65% Oct 19

88

05

Jan

8

87

14

Jun

17 .:

87%

Nov

93% Apr

78

12

Dec

15%

Oct

87

13%

Feb

44

Jan
Jan

15%
5

5614

57

11%

11%

11%

27%
112%

28%
112%

*

*83%

85

16% Jan

4

19% Sep

19

36% Feb

7

55% Oct

27

5% Jan

27

11% Nov

Scranton

2

56

Oct

.

,

43% Nov

33% Jun

13

43% Nov

Dec

9% Jun

14

16% Nov

Dec

4% Jun

14

614 Jan

7

14% Jun

6% Jun

3

ll% Jan

7

13

101% Feb

&

12%

12%

28

65

65%

1

6 ■:*

XlOlVa

103

85%

70

102 %

20

13%

%w

2,100

13%

13% ,13%

13%

13%

86%

86%

06%

87

16%

16%

16%

16%,

17

54
18%

54
18%

5414

53%

54

18%

18%

18%

18%

53%
18%

53%

53%

53%

54'%

54

54%

54

54%

10%

10%

10%

10%

10%

10%

500

x41%

42%

41%

42%

41%

42%

15,500

1

13%

*10%
42Va

No par

,

"

11
42%

5

*15%

1

*5%

5%

5%

5%

8%

8%

8%

8%

No par

*91%

*91%

93

♦53

500

1,100
1,900

15%

2.000

5

8%

5%
8%

6,500

*91%

93%

15%

15%

*91%

93

1,700

16%

5%

15%

16

1.30

88

16%'

9

8%

15%

16%

•86'-

1

*5%

—1

preferred

*101

110

107

85%

101%

2,200

98

*105%

86%

10,400

88

r

Servel Inc common

$4.50

*10114

103

•97

97
107

♦86

87%

*86%

'

97

♦105%

<

18%

1

Seeger Refrigerator Co
Seiberling Rubber Co

1,660

12%

27%

*5314

5

Co

20

85

16%

No par

-

*83%

85

12,300

7%

64%

*86

100

Seaboard Oil Co of Del

Seagrave Corp
Sears Roebuck

7%

7%

28%

13%

100

preferred series A
Seaboard Finance Co—

4

6%

12% July
8% May

(The) common—5

5%

2

9%

Co

20

99

12%

*96

Seaboard Air Line 'com v t c—No par

13

Feb

Elec

3.35% preferred

1,200

60

114

*95

64

>*101%

7

38%

38%
♦106

28%

.100

13

2,500

13

8714

20

9%

28

*86%

Sep

2,200

9%

64

12%

100

Jan

42%

27%

Scovill

91

28%
112%

*63%

8

14

27%

12%

97

18% Jan

5,300

600

•111%

39%

♦83%

107

-

2,100

65

96%

19 \

57%
11%

11%

28

*10514

pfd

1,500

12%
*63

96%

Mfg Co 3.65%
4.30% preferred—

18%

27%

5
1.75
No par

preferred

4-,000

*56%

100%

7%'

85

50

17%

18%

110

7%

714

7%

*83

38%

1,200

17

9%

100%

97

25%
5214

300

42%

110

116

800

2,100

100%

43

9%

8,800

"

9%

52.

112%

42%

38%
16

•99%

28

27%
112

43'/*
10
3914

105%

Jun

Jun

57

10%

«

104% Oct

5

77

57

'*105%

69% May
8% Oct

Jan

18%

No par

20Va

104

18%

No par

Feb

-

18%

$4

Feb

Feb

18%

$3.40 preferred

13Va Jun 28
47% Jun 10

914 Dec

17

3,

81%

94

16%

11;

Apt
26% July
02% Jun

Mar

16%

Oct

Feb

85%

-100

Paper Co common

16%

Nov

91% Mar

3

83

Scott

52%
100%

97

800

9%

51%

*

-

•25

100%

*109

410

4%

9%
25

5214

7%

,

9%
25

100%

39%

500

•4%

4%

100%

102

-

.

,

17% Y

•15%

16%*"

X52%

116

*97

•

5

Schenley Industries Inc

9%

25%

9%
38%

»110

100

Savage Arms Corp

.

'

9%
25%

10%

.

93%

38 Va

4%

98

30

12%

Jun

3

*15%

4%

42%

40

4,700

49%

39 % Y

38%

16%

43

*

3,300

107%

17%

28%

39%

Co—100

series A

39%

4%

108

+

29

94% Jun

79

Jun

1st pfd 4.40%

5

13% Oct

,

6

xl03% July 13

May

38%
*15%

io

vtc—=100

St Louis Southwestern Ry
5% non-cum preferred

.

42%

<

1

8%

107%

'

112%

: *112

10

1,000

/ '

.

•

101

27%

100
*

9

25% Mar

90

.—5

Co—

Preferred series A 5%

28

39% Mar
Nov

Lead

St L-San F Ry Co com v t c—No par

Jan 25

122

1'

9% Jun

_8

100% Nov

01% May
15% Aug

'

_No par

Ruppert (Jacob)

61% Jun

; 88% Feb

Ruberoid Co (The)-—

,

12% Mar 12

17%

•

r

17
' 18%
18%
*57
5714
10% -10%

'

}

17%

10

4,200

38%

93

18%

18

*1614

l

-

•48

93%

107%

25%
52%

52%
>101

1

;

49%

93%
107%

9%

25%

-

-

100

Wks. Ipc

9

*914

—-20

preferred series A..

'

17'

!

.25

Rohm & Haas Co common

3
3

*1514
4%

1

com

*48%

94

4%

;a.

Robertshaw-Pulton Controls
4%% conv preferred——

7.
27

49 %

4,400
•

101

8%

107%

•107%

:

13,600

20%

38

38%
1614

38%

No par

8%
38%

94

,*.

„No par

8%
38%

•V'/•

-

♦100%

8%
39%

*48%

4914
94

v

•

Comnanv

Nov

101

t

101

8%

4

5

♦20

38%

387/s

*48

101

10014

10014

9

3814

•

Antelope Copper Mines

52% Nov

96% Apr 21
1014 Jun 13.

10

i

Corp—*

Oil

8'A

,_lo

:

.*•

•.

Richfield

23

Tob class B
1

-

41% Sep

1514 Jun 21

(R J)

_1

Manufacturing Co

21

3

X3% Jun

7% May

4% Sep

10014

98

.

1714

10014

3

9

:•

98%

4%

20

•

14

*97

5

20

20

20

20Va

7

Jan
Jun

*

*20Vs

4%

■

■

104%

13%

14%
98%

5

4%

42% Mar
85% Jan

Dec

50

,

5

3

94

! 1614

*4%

14
*97

14%
97

97

22

Oct

103%

Xl4%

14%
97

14

Dec

Dec

5

13

14%
*95%

Sep

80

17

3

Nov

39% Oct

*102

104%

*102

200

24

9

217/8

7,000
.

'

8%

10

Reynolds Metals Co com
No par
SYs% convertible preferred
100

103% Feb

100

8%

*5%

4% Jun

11% May
4114

Dec

23

,

8,000

..

1,400

8%

1

34% Jan

Dec

; 43

103%

110

.

"

,1

Jan

104% Jan

Mar

92
1

91

Oct

2,000

57%

57%

89%

ELECTION

93

*88

/

93

*88

Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper A Brass com—No par
6Va%
preferred
100
Rexall Drug Inc
2.50

7,

100

EXCHANGE

,

17

200

STOCK
CLOSED

8%

8

.

Oct

1,100

■

1,200

..

33%

Feb

-

•

•

22%

Shares

12

'

50c

Republic Aviation Corp
Republic Pictures common
$1

6'A
*21%

>"•

No par

Conv

j

4 '

Nov

90

10

Corp.

Reliance Mfg Co common

•

10

11% Nov

17

Jun

Stores

1

57% Nov

3

4% Jun

11% May

5% Nov

Aug

div prior preference

♦1.25

Reliable

13 '

9% Jan 24

8% Apr 26

13% May
6% May

214 Dec

,

22% Sep

4

66

Dec

52

8% Jan 07

4% Jun 29

Jan

25 Va May

13% May

Dec

the Week

*,

.

.

16'A

*16

Nov. 11

♦ per share

♦ per share

,

Sales for

Friday

Nov. JO

16%

12

50o

Thursday

Nov. 9

*11%

*11%

too

PRICES

Wednesday

$ per share

8 per share

5

Reed Roller Bit Co
Reeves

28

SALE

Nov. 8

Nov. 7

$ per share

HIGH

AND

Tuesday

Monday,

.

Nov. 5

Hosiery Mills com

16% Oct

4

11% Jan

May

'

,

Par

Real Silk

Saturday

;

EXCHANGE

13% Apr 10
23% Jan 25

3

16% Nov

11%

LOW

STOCK

NEW YOEK

Range Since Jam 1
Highest

Lowest

Highest

♦per share
10

"•

■

STOCKS

Range for Previous
Lowest

—

Monday, November 14, 1949

RECORD

STOCK

YORK

NEW

CHRONICLE

FINANCIAL

COMMERCIAL &

THE

(1930)

93%

400

■iVr

Range for Previous

STOCKS

Year 1948
Lowest

$ per share

Range Since Jan. 1

Highest

Lowest

I per share

I per share

24%

Nov

36% Jun

24% Jun

46%

21% Aug

4

Oct

17%

Feb

27% Jun

22% Jan

Feb

79

Deo

76% Nov

Dec

15% Jan

8 Va Jun

13

Mar

14

Oct

28%

Feb

46% Jun

4%

Dec

11% Apr

7V4 Jan

8%

Dec

30'

5

7ya May

May 18
10% Oct 24
14% Feb

2V«Jun

,

.

Oct

"4

7

&

II Shell

Gas
,

(W

A)

Union

4% Jan

12

36

May

22

May 31

27 V* Jan

7

Simmons

Dec

44

Jan

28

Oct

18

36% Jan

7

Simonds Saw & Steel,

15

Feb

32 V8

Jun

18% Jun 14

24% Sep

13

6
,

♦ per Share

I per share

Shares

28%

29

28%

28%

28%

28%

3,600

24%

24

24%

23%

24 Va

23

23%

4,500

32%

33

32%

33%

32%

33%

32%

83

81

78

Co

....

.No par

*82
Y

;

9%

9%

14%

14%

14%

38%

39%

39

6%

;'6%
.3%

v,.;.
'

.No par

23%

78

76%

10

'■

*14%

15

CLOSED

3%
-

DAY

23%

Y

6%

5,400

6%
3%

*•3%

3%

26%

26

31%

30%

23%

23

1,200

DAY

■■■■!•■900

-.

31

23 Va

ARMISTICE

•

26

30%

Y

400

100

CLOSED

Va

■3%

23%

23%

.800

''

39%

6

26

30% -30%

•

■:

EXCHANGE

15

39%

6%

26%

'

STOCK

■

9%

39%

39

ELECTION

76%

9%

*14%

!

26

27
*30% '30%

.

v;;

6V2

3%

*26%

*

_l -NO par

'

.3%

6%

-

*9%

EXCHANGE

39%

•14
,

STOCK

"82 •'"*:

9%

9%

.No par

Sinclair Oil Corp

7,400

33

.

'

Sheraton Corp of America—.
Silver King Coalition Mines-

Dec

♦ per share

for

the Week

29%

::r:zi5

Corp—_

25

$ per share

—Nov. 11

a

24%

Pen Co_^—

84

Nov. 10

Sales

Friday

Thursday

-

29%

-No pal

G):

Oil

:.;0

PRICES

SALE

Wednesday
YV % Nov. 9-,',

.No par

common—:. .No par

(Frank

Nov. 8

♦ per share

# per share

HIGH

Tuesday

Nov. 7

Nov. 5

1

Corp

pref series A—

conv

Shattuck
Sheaffer

13

7

3

$3.50
,

Oil

Steel

Sharp & Dohme

10

40% Oct

13

Jan

Sharon

83
,

8,

Jun

YY

■i

Monday

Saturday

EXCHANGE

Shamrock

5 '
37% Jan
7
35% Oct 26 '

10

9

12

LOW AND

v

;

STOCK

Par

31% May

4

88

YORK

♦ per share

13

Feb

\

Highest

v.-

30'

NEW

■

900

Y

500

i

f 14,300

23%

:*■■■: (■,

021/4
j ■

Feb

18

Feb

23

27%

Dec

160

Jun

25% OCt

97-

Jun 14
16% Jun 20

35 Va

19

Jun

Dec

39%

80

Dec

90

91

Sep

98

Apr
July

15%

Dec

26

Jun

14%

Feb

96

Nov

Jun

23

10% Jun

8%

Oct

Oct

Skelly Oil Co,

7

Sloss-Sheffield Steel
Smith
(A O) Corp

26

31% Jan 24
88% Feb
3

7

3% Jan

.

7
.

.

Oct

7% Jan 13

Feb

45% Aug

40

Mar

1

52% Oct

15

52

Jun

60

53% Mar

3

65% Oct

7

,15

Iron

*111%

.-20
10

„

2-1'

29

-

29%:

22%

22%'

11%

Nov

16% Jan

'11

Oct

7

86% Mar

44

Aug

26% Feb

26

42 Va

Jan

36% Jan

1

Dec

25% Mar
20%

Feb

30% July
30%

.

22%

*22%

23%

87 r,

87

*86%

87%

•86'^ •87%*

*97%

•96%

98 Va

*96%

r

South

Carolina E & G Co

Platinum—r

1

com_'4.50

preferred

—

preferred

14%,; 141%

ik

17%

17

*

Y

63%

4%

:17%

14 Vb Apr

26

Southeastern

10

South Porto

45

1

Aug 16

29% Jan
5
10 Va Sep 30
28V4 Jan

July

34% Nov 10
11% Oct

6

8%

Greyhound Lines.

*

5

*ii%

Rico Sugar com.No par

preferred

Southern

*52%

4%

4%
'9%

-■

9

.

34%
47% '

33% >.33%

33%

; 33%

32%

33%
53

x52

Jan

7

Southern

58%

Feb

70

July

45% Jun

13

61

Jan

26

65%

Dec

73

Jan

56% Oct

5

66% Feb

9

Dec

20% May

.10 Va Jun 20

13% Jan

7

Feb

Spalding (AG) & Bros Inc.—

7% Jun

3% May 23

6% Jan

7

Sparks-Withington Co

5%: Oct

13-

,s3%Julyl9
68

Jan

24

73

May

7

34%

-

11

10%
34

34%

34%

Railway common—No par
non-cum preferred
100

*52%

53%

100

*56%

58%

1

*11%

12%

No par

4%

4%

Mobile & Ohio stock tr ctfs

—

■

■

Spear & Co common*-,,—,.:
1
$5.5o preferred—
No par

f

*rz
.

0

♦68%

-

11%

5 %

53
*56

11%

•

4%

4%

5%

*5%

71%

r

53%
58%

53

*57%

68%

'

a

34%

'7

5,100

11%:.

,'r

39,700
'

34%
45% : 46% *

"

11%

>■

'•

11%

4%

1,100

56%

4%

5

,5%

7,300

52 Va

56%

11%

4%

3,100

10,700

31%

57%

11%

900

'

10%
34 V8

11

10%

r>,

2,200

.

"v.

34%

,

'

Co

11%

x31%

41

34%

300

'500

K

41

*40 Y'

41

<•

,
"

*

37 Va

37%

34%

14

1/

11%

45%

25% Jun

Jan

*
•

34%

Jun

8% May

11%
37 %

'47%

41

4,900
22,300

:

:

62%
>•

+

46%

34%

10% riL

No par

73

11

%

\

.

34%

Southern

Dec

S',

.

-47%

—7.50

7

Aug

'36%

600

«%..

52%;

62%

;

46%

Southern Natural Gas Co

49% Jan

41

*39

20,600

■

9%

52%

52% '

63%

*

»

'

9

'

34%

5

34% Oct

4

.

;
:

(The)

.3

32% Jun 13

63

%

>

•16%

700

105%

34

62% July

4

9

10

T Y

'

52%
'•

11%

36%

>40

'

'

16%

'-4%

::

Y

50 Va

12%

1,900

14

*105

•

25

Feb

-

'

'

98'/a

v

>

Edison

Feb

5%

XI1%

36%

I

105%
♦%

63%

52%

63% s 63 V4

11%

36%

17

14

Va),

I

43%

Pacific

■!

87%*

*96%

■

25

33%

27

500

-1,200

V

23%

?

,

—

California

Southern Co

29

22%
*86

14

16%
105%

-

9

63%

98%

141/4

105%

104%

*104% 105%
?4% 5 4%
§%
;9%
52%
*52%

,

,—50
—50

„

98%

■,.>14%,
1

39% Jan

V

'

22%

,

36

29

,

21 VA

520%

*

Amer Gold &

conv

113% 113%

115

20%

29%

_100

——

preferred

South

5%

114%

20 Va

29%

_100

preferred

5% %

-

,

-.20%

29%

21

29%

Socony Vacuum Oil Co Inc
—15
Solvay American Corp 4% pfd—100
,

113%-. 115

114,

21

■

Smith & Corona Typewrlters_No
par

27

4% Oct 26
9% .Oct
4

89

Oct

3%%
4.20%

17% Oct 27.
107

3

;

Smith (A) & Sons
Carpet .Co com—20

100% Mar 25
17% Jan
8

14% Jun 14
97% July 7

May

6% Mar

1

83% May 21
95 % Jan
.3

Jun

5

30

14

21% Nov

Jun

104 Va

814 Nov

Jun

127% Jan
2IV4 Jan

1

514

;

4%

1

■

4"%;
7

68%

68

68

24%

24%

24%

24%

26

v

25%

25%

25

8%

8%

68

800

..

-300
20

25%

8%

;

.

24%

*66

60
•

4,900
:

/
22

Dec

20%

Feb

7%

Dec

29%

Jan

21

Feb

7

30Va

Jun

22% Jun

13

14

26

Oct

11

1

29% Mar 30

Spencer Kellogg & Sons
Sperry Corp (The)

10% Mar 31

Spiegel Inc

2

.5

71% Apr 28

Feb

May
May
23% May

13% Jun 28

17% Oct 19

21% Aug

Squar- D Co

29% Jan

23% Feb

33% Oct

Squibb (E R) & Sons

01% Mar

15%

6% Jun 13

74

64

.

Jan

5

95

Nov

19%

Dec

29% Jun

17% Apr 25

22% Nov

79%

Oct

91 %

82

17% Nov

104

Jan

100

Jun

86

Feb

Feb

121

54%

Apr 13

106% Sep 26
9

13

89% May 12

3

42% Nov 10

98% Jan

Oct

Jun

18% Jan

27% May
109% Oct

97%

,

13

3

135% Oct
150 % Oct

6

Conv

$4

preferred

$3.50

109

Jan

4

73

Jun

55

Jun

13

: Sep

13

Jun

36% Jun 14

45% Nov

3

Standard

Oil

of

69%

92%

6OV4 Jun 13

74% Nov

2

Standard

Oil

of

Feb

Wot footnotes

Jun

see

page

24.




6

$7

prior

25%

8%
70

70

15%

'15%

15%

15%

15%

32

32%

32

32

*105%

106%

*105%

106%

*105%

106 Va

22%

22%

22%

22%

22 Va

22%

88%

88%

88

88

83%

39%

41%

41%

42

>

par

.

'

♦132

134

147

147

*87

41%

"

42%

*132

133

147

148

*132%
147

15%
♦32

*105%

100

15%
<

32%

.

1,500
1,100

.7

106'/a
22

*87Va

88%

50

41 Va

42%

34,600

133

134

147%

148

200

148

67%

68%

x66%

67%

66%

67%

'66 Va

67»/«

45%

45%

x44%

44%

43%

44%

43%

44 Va

25

71%

72

71%

72 %

71

71%

70 Va

71

■

9,800

...

25

Jersey—.

2,000
'

x21%

:

134%
'

7,100

1

70%

No par

Indiana-

800

8 Va

*69%

16%

'32%

.No par

No

preferred

Standard Oil of California

8%

70

70

v

32%

No par

New

70 V2

1

Standard G & E Co $4 pref-LNo par
$6 prior preferred
I
No par

53

70

:

preferred

Jan

25%
8% •'> 8%

*24%

5
common

Brands Inc com—No par

86% Feb

25%

25%
•70

No par

1

preferred

Standard

1

common

$4.50

25

*

1,500
'

'

10,900
9,500

16,000

Volume

170

Number 4855

THE

COMMERCIAL

NEW
J

Range for Prevtoos

STOCKS

Year 1948

Sper share

t per share

•233/* Nov

Range Since Jan. 1.

•

Lowest

Highest

I per share

v

35

Jun

Oct

97%

Jun

96

lift Feb

15%

Oct

12

Jun

43 ft May
41ft May

40

*27

Jun

15 ft

;

July 12

"

Feb

38

36ft

No*

lift Mar

v

32 ft Mar
23 ft

Feb

9'ft

97

Dec

12 ft

Dec

10

9

35

Oct

3

Jan

15 ft Jan

ft July
29ft Jun
18

16 ft Mar

10

»'

4%

26

•

,

Bros

preferred

Stores

common™

19

*44 ft

—5

preferred.

Stevens (J P)

.100

/'

Co Inc

&

'•

prior preference

Stone & Webster.^

Studebaker

;

:•

*30

-

37ft

37 ft '

*98%

993/8

ELECTION
DAY

30%

12ft.
12 ft

12ft

17%

17%

17%

:

: 37 ■•'"

99%

*98%

19

18%

19

25ft

25

28 ft Jun

Nov

lift Jan

Dec

98ft May
70% Nov

50 ft Mar

113 ft

Jan

9ft

Feb

120

52 ft Feb

19

13

8

173/4 Jan

13

4 ft %

163/4 Jun

13

21ft Sep

13

4 ft %

36 ft Feb

14

57% Oct

11

Sunshine

7% Mar 25

12 ft Sep

16

Sunshine Mining

July

-11% Mar
235

Jun

13%

Dec

19%

Dec

44ft

July

Jun

127

jun

31

Jun

83/4

-

168

17

Jan

11

12

37 y4 Oct

5

11% Nov"

;

8ft

Nov

16%

Jan

7ft Feb

25

28 ft

Dec

36%

Jan

27% Jun

14

8 3/4

Dec

22

Jan

8ft Jun

14

17 ft

Feb

26

Jun

17ft

Dec

91

Aug

76 ft

;

:

:

2

33% NoV
12

Aug' 5
Sep a 9

-

9

73/8 May

ft Mar

113/4 May
5% Jun

3ft Dec
14% Mar

,

,

52

;

2

Mar

67

Nov

25%

", 48% Jun
'liftJun

Feb

19

Nov

Jun

13

56

V 65% Nov

14

18% Nov

Texas Gulf

29

Feb

48 ft

45 %

Dec

10%

Dec

653/4 May
20 3/a May

May

143/4

Dec

24

5ft

Dec

14%

Dec

46ft
15 ft

14

26 ft Nov

9

33 ft Feb

May

7

48

Apr 25

Sub

16

46

Jan / 3

Texas

13

lift Jan-

"

25 ft

5ft

Dec

34 3/8

25 ft

Apr

12% Jun

23

4% Jun

47ft

Jan

- 35

13 ft

Apr

'

24

Jun

393/4

Feb

59 ft

95ft

Jun

1% Mar

4ft
31ft

i

95ft

32ft

Jan

17

40

55

-

//;

$ per share
:10

Dec

9%

17% July
313/a Dec

19% Jun

92

24

5%

Dec

May

33

•

Oct

24

43 ft Mar 30

Lowest

i per share

/—

$ per share

Jan

10

Jan

10

Jan

13

Jan. 1

5ft

11%

-25

ft

18 ft

*77ft

11%

11%

5%

64 :.r.

Co

63%
18%

17'ft

18

693/8

69%

69ft

69ft

69ft

3,500

25%

25 ft

x24%

26 ft

25'ft

2

6'ft

25%

26%

15,900

46%

45!ft
43 ft

45%

45

45%

43ft

43

43

93a

9 ft.

;

No

45 ft

100

*42 ft

9ft

45 ft

46

■

y

44

*43

44

9%

ft

14

par

9%

9%
-14ft
,

14 ft

14ft '

8% Oct

10

108ft Oct

*7%

9ft

.14%

7%

7%

*30'/4

7%
*30 ft

13%

13%

5%

5%

38ft

38 V4

*♦37 ft

/ >3ft

14ft/

38 ft

3%

3%

30ft

r

31

*30 ft

,

*

..15

37 ft

6 ft

33/4"

16%

•//■

7

*47

47 ft

*91

3%

No par
-10

*24

No par

!106

com_

'

7

24%

x23%

11

.15 ft Jan

13

19ft Jan

3

Jan

32ft Jan

6

Jun

98 % Sep

26

9% Aug 30

8% May
32ft Jan

4% Jan.
24

24ft May 16
36% Aug

-

_No

34%

343ft

34 ft

34

Transamerica

Par

*

•

Corp

Tri-Continental

29

31% Oct

13

6% Jan

8ya Jun

14

j,

7

prior preferred
No
City Rap Transit com—No
5% conv prior preferred

$4.50

Twin

Coach

13

Co

8%

ft

par

V *36

♦100ft
/

8%

50

/

293i

1

22 ft

SALE

:

200

23%

23%-

5.800

PRICES

Thursday
'$ per share

ft"

Friday
Nov. It

Sales

for

the Week

Shares

$ per share

13

13

ft

5,700

14%

14%

3,300

15%

15ft

13

83

.13

15%
8 3ft

8

105%

8ft

11%.

ELECTION

36

DAY

♦100%

29%

29%

*4%

4%

4%

11%

36

36

•100 ft.

8%

8

30'ft

90

ft

CLOSED

1,300

"6,900
ARMISTICE

102

30

4%

/

18,700

21%

36

29 3 4

STOCK

EXCHANGE

21%

102

8

106

♦lift

"22ft

8 ft

1.400

8%

*105 ft

106

11-4
22

ft

Nov. 10

14% —.15%

CLOSED

t

150

Yper share

EXCHANGE

36'ft

*106 - 107

/Wednesday
1
Nov. 9 -

„

101-ft

4% ; 4%.:.

•.

HIGH

8ft

30

1,400

*32% -33

1.900

*100 ft

8ft

20

3ft

6.100

-22 ft

*36

102

3.700

93

34I/2

STOCK

8%

ii3i

36 ft

'f

par

par

24

13%

105ft
ii%

•'.'

32%

47 ft

343/6

c

8ft

11%
22%

*11
-

338

47

34 ft

'

105ft

22 ft

5

3%

7

<91 ft

'14ft

14 ft

106

<6-4

47%

91%

14%

15

-

f-7-

14%

13%

14%

par

40

106%

Nov. 8

$ per share

14 ft

8%

Twin

$ per share

13%

*105%

/
Century Fox Film com—No
-;$1.50 oonv preferred
No

31

20

13%

1

20th

'

Jun

share

15% /15ft
-

No par

common

Truax-Traer Coal CO

8

8% Oct

Corp

AND

Tuesday
."•

*14% ••'14ft

2.
5

JNo par.

preferred.^

$6

•"

Nov. 7

tper

1,200

34 ft

LOW

J

200

.16%

1,700

14%

Monday

Nov. 5

■

_

3%

300

••*106%

%V

Saturday

,

37 ft

1C%

17:.

23%
"A

14%

:.

10

*3%

*

3 2 34

'

14%

STOCK

i

102 ft Aug 12

3

4ft Jun

Jan

YORK

10,400

5%

3%

24

14%

exchange -

7%
31

5ft

:

91 ft

'

10G%

106

14 ft

par

200

500

13%

47

34Vi

!I- —5

Bearing

■

37 ft

5ft

,

*6 ft

3%'

*33%

107

W

-

92ft

3ft
,

17

47%

47%
*91

3%

34% ■34ft

17%

*6 ft

:92ft

No par

14'/a

'

33ft

17ft

.100

;

Eft-

"

No par

com

-

-i

,

3,900

13%

?

*37%
3%

com

'■

5%

5 %

2.900

9%

7%

'31
*13 'ft '• 13%

7ft

73/b
30ft

*13% •13%

*17%

preferred.

:

27

6,600

k

./>14ft

'

1

Transcont'l & Western Air Inc.

11

10,900

18%

69%

Transue & Williams Steel

6ft Feb

633/8

18%

63 ft
18
,'

63 3/4

183^

lb% Feb

98 ft Feb

1,400

69 ft

(The)

Co

Products

NEW

—

.4

800

17-4

18%

Transit Corp.No par

Steel

Timken Roller

13

300

5

16%

(38%

16% Oct 26
:

11%

-

16%

140

-10

No par

S per share

14 ft Oct

19

2,500

5

5 V2

.,

3,800

5ft

11%

11%

5 Va
16%

63ft

64%

5ft
16%

600

18ft
79

*78

;

16%

5%

11

5%

<

5ft

11%

/

•

79

X5%

17

64

183ft

18ft

79

*10%

No par
-10

—_

preferred

.

Highest /

.

v

4

lift Jun

Apr

Z 14 ft

5%

18

lift

STOCKS

'——Range Since

Highest

36ft

.

18

*77 ft

,50c

Timken-Detroit Axle

10

100%

J ffh

5,700

-50

$3.75

Jan

25% Mar

Jan

2,500

9%

17

$3.50 preference —«.!
Tide Water Associated OH

106% Nov
19

'600

32%

—1

Thompson-Starrett Co

25 ft Jan

3
13

1.000
.

9

preference——No par

Avenue

4%

Oct

500

9%
36

32

*5 ft

x

Thompson

4% Oct
37

-

156

93/4
♦35

9ft

Thompson (J R)—

July
19 ft Aug

4% Dec

(

33%

$2.50 conv preferred

Mar

14

13 ft Jun

10% May

-

156

.

9%
353/4

93i

33

.—1

IThird

91% Nov

'

May 19

1023/4 May

107 ft

12ft Mar

160

9%
35ft

,

33ft

common

Thomas

47% Nov
i

2ft May 23
23 ft

22 3/8 Mar

Nov

*10%

...

•158

v

•ii%

preferred—

conv

Thermoid

Jan

9

15

Jun

13ft

5ft Feb
96

•

20

1

233/4

Nov

15 ft Nov

4,100

9%

Ry Co—

Fair

The

7ft Jan

-

14

Year 1948
Lowest

1,600

2,700

10%

lift

common

Range for Previous

.

.

Nov

34 ft Jun

23% May

Dec

193/4
54 ft

10 ft

33 ft

ctfs

conv

$2.40

♦

Oct

41ft Oct

7

July

104 %

Mar

-

6% Jan'

2

/84ft Apr

Nov

,19ft Feb

14

20

Jan

19% Mar

Mar

1% Jun
7

May

Feb

32 ft Aug

17

14% Jun

'

10ft Jan

85

19%
54 ft

10%

'

Dec

'7% Oct

ft

55 ft,

10%

*158

Thatcher Glass Mfg Co common. —5

9

20

55

10%

ft

j

Pacific
Inc

$1.25

153/4 Jan 22

19

•

10% May

Dec

-19%

55

10%

—,

Producing Co

share
&

Textron

7

7% Nov

20ft

55

'

■

Apr

6ft
19

/

4% Mar 21

4,700

Pacific Land Trust—

Jun

i3 ft July 12

16ft

*20 ft

Corp

SUlphur
Texas Pacific Coal & Oil

Jun

-

Jan

16ft

2,100

1

Gulf

8

May

9,700

9ft

:

;

Texas

36

Jan

,123ft Apr

x

<

9

16 ft Jun

Oct

69 ft Nov

80

11%

16%

69

No par
No par

com

Corp

Texas

25

14

121 ft

1

1

3

•

Jun

3,100

11

16%

(James)

Co

1,100

9

96

<67

16%

25

Corp

Texas

'45 ft

87/»

11

Ltd-

preferred

3

-

44 ft

♦12Q

16 ft

25

Co

Telautograph

44ft

11%

10c

International

Tennessee

55,500

66

35%

Talcott Inc

1

17% Aug 11

26

25

120

lift

12.50

Sylvania Elec Prod Inc

10

5ft Nov

14

1,500

65%

10

Gould

3,700

1,100

*il9ft

160

$4

600

18ft

ft

3,200

'

♦95

lift

.

Symington

17%

DAY

66

*9%

■i

21

11% Nov

.

6

13% Jun

,

25ft May
71ft July

47

14

2% Jun-

5% Oct

12

18

18%

96

11%

35%

Swift

12%

6,100
ARMISTICE

120

119 ft

50

Swift &

7

7

i

14

9% Jun
v

19% May

Nov

15 ft

3% Jun

*95

25

B

Inc

Co

•"

44%
9

8%

25

Superior Oil of California
Superior Steel Corp.

21

*43%

ft

9

96

Paper Co
10
Sweets Co of America (The)__4.16%

Feb

89

series

Biscuits

*

700

37'ft
99%
31»4

I

1

series A

preferred

44

66

.

100

preferred

ft

8%
*95

__No par

pfd

'

4ft Mar

•

*42

1

Sutherland

24ft Jan

>

Oil Co common

Sun

Class A 4ft %

14% Jan

15

Aug 30

30% Jun

No par

Sunray Oil Corp common—-

'

,79

i

Corp common

28

Jirn

43

Dec

Mar

Corp

Chemical

$4.50 series A preferred-'.—No par

66 3/4 Oct

15

26 ft

12

lift Sep

17
14

Dec

Sunbeam
Sun

27

Sep

121ft Sep

10

Jan
Jun

187/a

Nov/* 9

9% Oct
96

*

8

9

Dec

9

45 ft

7

117

17 ft

?4ft Mar

,

Jan

July

15% May
21ft Jun

140

13

6ft Feb
90

CLOSED

12

-

17%

18%

243/4-

800

EXCHANGE

17%

12%

17%

STOCK

12 ft

12ft

.

5,700
—

30%

»'

30%
•

12

24%

24 %

■

6ft

*30

37%

12ft

6,600
300

'46%
31.
12

ft"

*

93 ft

*45
11%

30

V

/,

Shares

18%

*98%

12 ft

12%

for

the Week

26 ft

11%

37

30 ft

12%

11%'

CLOSED

•

46%

*•

Sales

Nov. il
$ per share

101

Xl8ft

•

19 4

—1

.

EXCHANGE

1

26

•100
'

19ft
31

*45

"

11%

*17%

No par

Corp

31 v

!

101 •'

.

18%

t

,

Friday

Nov. 10

t per share

26%

26%
101

^

STOCK

30%

30 ft

*12 ft

_20

0'

99%

*

5 fo

^

.f

11%

12%

_i_. —5.
common. .—1

f
-

371%

36%

•'

45%

•30

113%

>983/4

_15

45 ft

31ft

r

■

1

'

*llft

■

19%

-

Thursday

$ per share

v

27%
t,

j

Nov. 9

fper share

1

PRICES

Wednesday

Nov. 8

.

100%

19

*

45%

*30
*

—1

26 34

100%

loo3/*

i"

19

No par
j

27

*99ft

-50

Ibc

Corp
Stokley-Van Camp Inc

2

27

100

Stewart-Warner

10

-10

common. --1

*

3ft %

19

Nov

commdn_

Spring

convertible

.'

$ per share

••

SALE

HIGH

Tuesday

NoV. 7

•

Ohio

of

Steel

Sterling Drug Inc

2

19 ft Nov.

OH

preferred series A

Sterchl

>7

13% Aug

17% Oct

LOW AND

-Monday

Nov. 5

I per share,»

(1931)

RECORD

Saturday

Starrett Co (The) L S

18

33% Oct 18

25

16 ft Feb

Jan

14 ft Jan:

j

4

12ft Feb

19

41ft Aug:' 2
Jan 27

17

9 ft Jan

>3%%

Standard

100

3

9ft Jun

20

Jan

13»

20

24 ft Jan

Jan

Standard

9

.38ft Jan: 7

Jan *. 6

16ft May

Nov

453/4 Oct

:

15

94

i

Jun

101'

/19% Nov ; 2

CHRONICLE

-it;-/

STOCK

Par

,27ft Oct .27 ..:

,

..

14

18

Dec

lift

I3

ft May

36ft May
.

15

May

39ft Jun

Feb

88

-Jun

20

".

YORK

STOCK

EXCHANGE

S per share

t

Jun t 7

89

NEW

Highest

FINANCIAL

YORK

-

'

Lowest

&

j

30%

3,900

-

1,750

4%

4%

200

DAY

8ft

700

U
93%

-

Dec

12

Jan

Dec

59ft

Jun

39ft Jun

17

9% Mar

16ft

Jun

103/4 Feb

8

39

27%

Feb

:37 Va

Nov

v

39% May
43 ft Nov

19 ft Jun
;

13

103

Oct

110

Jun

Jan

Feb

98

Jun

Nov

90

Jan

94
Jan
86ft Jan

'A 25 ft Jun

13

73 ft Jun

14

107
.

,21ft

Feb

38% July

793/4

Nov

96 ft

45%

Sep

.31%

Jan

22ft

Dec

103 ft

Nov

9%

Nov

19 ft

57 ft

Nov

90 ft Mar

19

July
/ 513/4 July
41%

48

Jun

- 31

30% May
1103/4 Jun

Jan

23 ft

Oct

Dec

15ft

27%

Feb

38 ft

Dec

Feb

36

19 ft Feb

s

.

103

29
:

2%

Nov

41

Dec

July

Feb
Feb

9

60

Dec

82

16 3/4

Feb

28 ft

Jun

Jan

46 %

48

Feb

183%

Dec

•58ft May

liy* Dec

2
22

July

!

19% Jun

Feb

7

3

United

42

Oct

13

7

6

133/s Sep

15

United

20

11

28%

NOV',

Certificates

Feb

24 ft

May

12% Jun

28

17% Jan

U

"92ft

Feb

113%

Jun

X89ft Jun

13

107% Nov

U

166 ft

Nov

179

Jan

10

187-

6% Jun

6

Jun

Dec

17 ft

54 ft

Dec

76

19ft

Dec

8

"

175

May
Jun

42%

43

Jan

7

May 25

17% Apr

28

4ft

Dec

3% Jun

13

17%

Dec

36

Jan

15 ft Jun

13

lift

Sep

21ft

Jan

11% Jan

3

73/4

Dec

9% May

7ft Jan

39 ft

Feb

49

Jan

53ft July
58
July

For
.

1

-

8%

footnotes
■

Jan

*ee

1




pave

'

101v

Nov"

28
27

26 ft Oct

5

5ft Jan.14
.21'

Jan

27

S
4

U
U

21

16 ft Oct;

U

S
S

S

19

8% Apr

13

49 ft Jan

28

U

12

70

27

U S

24

interest

w

8ft

Industrial
Leather

Lines

S

com

Chemtcals-

Co

2,600

51

:

50%

34 ft

rX32ft
./

111

13%

14 '

*37 34

3%

•

5
*

38 ft

*100%

>7

7 'ft

1

62

62

52ft.

52 Va

7%

*62

17%
52 ft

17%

18

17%

25%

25%

25

:

12 ft
:

12%

104ft

105

V

187

*186

103%

;

9%

9%

9%

*46 ft

47 ft

•46ft

47 ft

23 ft

23 ft

23%

23%
4 Va

4ft

500

62

60

62

52 ft

7,700

17%

18%

22,400

25%

25%

25%

1,400

12'ft

7,700

4 'ft

5 2'ft

12 ft

22

24

*22 ft

24

24 ft

*22

24

:27ft

12'ft

27 ft

^28%
U2

*101

,15ft

15%

107%

104

*186

9%

8

No par

7%

105ft

105

-

''

j-

15ft

187

•186

*6%

5,600

18%

*101

,

15 ft

15 ft

40,000

12 ft

28%
101

101

7%
€3 ft

52%

1

*22

-

170

4%

18

24 ft

'

3'ft
45 ft

43.4

4%

25 ft

,

*22

15ft

3ft
44ft

700

24 ft!

101

373/4

C'..

1,100

,

15 ft;

*37

■: 3%

100

17'ft

<

•100 ft

1,500

39 ft

52

*

ft

12%

28%

36%

17ft

24

28 ft

200

*36

39 ft

12 ft
*22ft

28 ft-

8ft

17%

24 ft

*22

27%

1043/4

*8'ft

40

v

\.

1.90O

27 'ft

104'ft

8ft

r

40

^

v'*22

200

17ft

18

25%

6,500

81'ft

105ft

45 38

434

-

•'

•

100

133/4

81'ft

'

63 ft

52 ft

45

'

5

4%

7%

-

700

7,700

;

13 ft

:

38

3ft

45

1,000
;

111

36 ft

•37

3%

3%
45

45%

36

32%
23

27% Z 27%

*104%

40

•

50

50%
.

22'ft

82

V *8 ft

I

36 ft

17 3/4

187

9

♦18Q

9

8%

ft

27%

8,500

102

40
600

13%V
105

&

4,000

187

8%

403

'

*46

ft

23

.

47%

*46%

47ft

23ft

23 ft

23'ft

"

4ft

1.000

'4 ft

4%

4%

19

18 ft

18% •'

18 V»

18 ft

!8%

18%

1,000

16%

16

16'ft

16

16

SB

16

3,800

——!Tio

*8

8%

•8

20

*47

47 ft

*60 ft

63

No par

—No pat

common

preferred
;
Pipe & Foundry Oo
Playing Card Co—

7,800

823/4

16

common.

class

36

<0

.100

conv

Co

36 ft

-100

Machinery
preferred

27%

82

82

27%

17%

X

i

preferred

4ft%

18

of

;:f

105ft

8ft

39 ft

1

Hoffman

Partic &
U

Jun

Oct

27 ft

39ft

-10
Co—13ft

Inc

27%

ft

23%

*109%

133ft

*104'ft

4%

*60

Foreign

ft %

52 ft Jan

38

Mfrs

91ft

82%

50:%

'

Securities —-No par
-No par
$4.50 1st preferred-—
-No par
S Freight Co
;
20
S Gypsum Co common

7%

Oct

10 ft Sep
57

Jan

&

96

28

21

81%

39

*7%

-

900

•"90ft

82 ft

*33%

*8oy4

83/4

3%'

".

2,400

*95

90

277b

"•'13 ft

5

United Paramount Theatres wi—-1

Feb

Mar

Mereh

40

'

109%

; *17%

U S &

Jun

94

Co

111%

23%

27%

*44 ft

United Gas Corp————

United Gas improvement

110%

96

90 ft

34

105 ft

*37%

/

—No par

United

8

25% Nov
.

Fruit

7

;j18ft Aug

.

15 ft

Jun

Foundry

111%

'*95
!

50%

5

Cos—

United Engineering &

89

101

Coal

Electric

9

543/4 Mar

6:
24

183/4 Feb

32% May

(The).—1—-

15,900

"

23 ft

84

27%l

preferred.!—I0o

Jan

'6

'.73/4 Oct

25ft Oct-15
241/4 Oct 14

19

-16%

United Corp

50%
34

109%

13%
'

*104 ft

•

9% Mar 23

1

$3.50 convertible

—->1
United Dyewood Corp common—.1
7%
preferred
—100

65'

22:

Aug

18 ft Feb

Fastener. Corp..No par
Cig-Whelan: Stores com—30c

Unite

2.000

40 34

'

United-Carr

22% Jan

Jun

14 y8

x44y4Jun

May

21ft May

1

3% Oct 25
47ft Sep 23
5'
Oct '24

16
23

39 ft Nov

3

26%

40%

♦110%

.

83'ft

111

36ft'

Co—i

25%

40%

27%

23 3 b

13%
*80

preferred

Carbon

United

26 3ft

40 ft

"

^

18

$4.50

27%
82 ft

*

1

100

i

26%

92

34 ft

23 ft"

♦108ft

commbn—10

t——-

12 ya

96

*90 ft

50%

•*33%
1

No par

38% Jan

.

: * 50 %

50
No par

Inc

41ft

*12

-?•

*110%. 111%
*95

1,500

41

12'ft

40%

27 ft

*8%

13

34% Jun

>

Lines

preferred

9

9

,

41 'ft

'

/

13

.45

Jun

Air

9%

40%12

26%

83 ft

83 ft

Corp common—-5
convertible preferred..
100

41/2%

9
>

403e

92

27%'

——.—No par
United Board & Carton Corp
10

40 ft Jun

2ft Jan 5 3
3 3% Jun 24

:

Aircraft

United

9

•

26 ft

'96

*90 ft*

United Biscuit of Amer—;—-No par.

9% Oct 20
i

5%

'/■

Ulft

*95

13

Sep

2ftJuri
■

May
ft Apr

37ft

106

preferred—;

non-cum

27

mo ft

21

28 ft Oct

•

13

3% May

4ft

14% Oct 21
.-85% Oct 26

16

4%
United

//

40%

50

com—1

12%

.

'

25.

RR Co

of

Union Tank Car Co_^

11

29% Jan

Jan

2 %

5

Oil

Pacific

15

1091/4 Oct

28

293/4 Jun

-t

513/4 Feb

26% Mar 30

California-—!

Union

41

12

40%

:>

$3.50

Union

40%

12

/"/ 27

$3.70

363/4 Jan

27

5ft July
55

:

■

pfd $4.50 ser__No par
seriesNo par
series.—-No par

Preferred
Preferred

14
89ft Jan 21

>

13

Jun

Un El Co of Mo

1
5

Aug

9 %

41%

*11%

'

5

& Paper Coirp—No par
Carbide & Carbon—J4o par

Union

- 9

*9
♦41

J
1
No par

^

&.Rubber Co

Union Bag

7

323/e Sep

.

16

4% Jun

Corp

Asbestos

94

61% Jan' 3

Jan

(The)

94ft Nov:

Mar 28

10ftJun

Underwood

7

Jan

112 / Aug 30

7

20 ft July 15
,104 ft Jun 14

Apr

f 6ft

Apr

6

,31ft Jan

13

80

Union

;42'

6

91

Udylite Corp

123/4 Apr

;

17

333/4 Jun

10ft Mar117
46 / Jan 12

,
-•

»4%>

"

'

ic

"

*18 ft

47 ft
•67

8 ft.
47 ft
08

-

•

*8

47ft
*66 ft

8

47ft
68

8 ft

,

800

8ft

100

*47

47%

600

*67

68

23

24

COMMERCIAL

THE

(1932)

&

FINANCIAL

CHRONICLE

Monday, November 14, 1949
1

YORK

NEW

Lowest

Highest

S per

S per share

Dec

37% May

19% May

86

Dec

94

82

37%

Dec

49% May

k Nov

Jan

26

133

Jan

21

18

Jan

58 Vs

13

Juu

33% Oct

4

46% Apr

Apr

62

Oct

3

72

140%

129 74 Jun

aun

8

17%

Feb

19%

Jan

18% Jan

Nov

42% May

38% Jan

140% Jan

3

85 %

4% Feb

24

12% May

8% Jun

14

11% Oct

98%

Apr 29
2% Jun 29

80

Jun

6'A

Dec

Jun

!

91

62

*62

19%

*19%

17

25% Sep

2

Jun

28

17

14
27

2

Universal
8%

Vanadium Corp

ll7/,

Van

Norman

Van

Raalte

Dec

15% May

Feb

26% May

20% Jun

14

26% Nov

9

12 %

July

15% May

10

Feb

16

13% Jan

6

19%

Dec

29%

20

Jan

3

25

Oct

6

Vick.

89

Feb

10

80

Feb

I

43% Nov

7

85% Mar

5

Dec

94

86

Feb

95

Jun

85% Jan

B

32%

Dec

48%

Jun

33% Jun

17

•v

l/ct

96%

Apr

91

Jan

7

14% July

5

Jun

6

7% Mar
63

14%

Jan

82% Jun 17

118

3
15% Jan
113% Jun 29

118

117%

Jun

14% Jan

Jun

23

Dec

S

28 %

Deo

38% May

27

29%

Nov

34% May

29% Nov

9

24%

14

July 18

28

11% Jan

18% May

Not

15%

May 13

99% Oct

124% July

Feb

109

May

21

Jan

21

19% Nov

2

Feb

14

com

100

33% Oct

Apr

25% Jun

Jan

23% Mar

32%

Jan

30

Mar 16

32'

66

Jan

45

Jun

8

00% Jan 28
14% Sep 13
31% Oct
5

27

30% Apr 30

Apr 26

*90

91

3'A

3%

*25

25%

25%

15%

*15

15%

8%

3%

•i o

2,800

3%
25%

400

15%

*15

200

9 %

23 %.

8%

8%

7%

8%

15,800

23%

23%

23%

*23%

23 %

400

*164% 165
10%

165

165

10%

*165%

9%

10

9%

%

20

10

5,000
30

62%

21%

22

20%

167

x62%

21%

62

*62

G.600

-/C,:

8%

9%

8%

8%

26%

26%

26%

26%

26V2

26%

900

Vertlentes-Camaguey Sugar Co__6%

11%

11%

11%

11%

11%

11%

11%

ll>/4

2,000

2.50

23%

23%

23%

24%

23%

23%

23%

23%

3,900

Chemical

Co

5%

non-cum

3%%

*90

95

*90

95

•90

94

*90

94

*90

44

42%

43%

41%

41%

*98

99

98

98%

98

99

7%

Va-Carolina Chemical com—No par
6%

dlv

partic preferred
Elec & Pwr Co com

Virginia
$5

preferred
pfd

9

*90

100

preferred

9

9%

*42%

Pacific Ry com_100
preferred
100

Vicks Shreve &

Victor Chemical Works common,—B

6

32%

2,100

26

33% Apr

39%

11%

9

7%

*87

100
TO
100
25

Virginian

Deo

91

.

400

11%

11%

5%

26

12

Apr

*88%

1,400

44%

25

3%

day

21%

44%

X5%

6

11%

2,700

10

32% Jan

Deo

44%

5%.

1,3*00

armistice

135

21%

21%

6

3%

135

3,500
39,800

2.50

Inc

Va Iron Coal & Coke 4%

25%

*5%

V

165

19%

of Amerlca__No par

Co

Co

23% July 14

29

5

.

Inc

preferred

25% Apr 25

Feb

9%

Jan

Tobacco

preferred

4%%

14%

8% Aug >8

Leaf

Universal Pictures Co

21%

85%

Oct

21
*44

DAY

20

19% Jan

Inc

6

135%

135%

63

Jun

63% Nov

closed

24%

90%

10%

23%

27%

*88%

62

Feb

Jun

90%

10%

29

10% Oct

exchange

65%

24%

11%

*164%

9% Sep
170

11%

1

25
5

11%

loo

3% Feb

3

11%

23%

Jun

10

39%

65

25

21%

*23%

10%

Feb

37%

65

44 %

com.Nopar

Mar

Mar

21
*44

8%

4

7

39%

64%

ELECTION

44%

1

7

43 % Jan

136

Universal Laboratories

17% Jan

156

135%

*15

14

May

119%

39%

25

*44
*5%

1

10

1,300'

stock

120

24£

24%

15%
8%

12% Jun

May

25

119

4,200

33%

118%

65

15%

Jun

15% May

No par

com

preferred
Stockyards Corp

non-cum

1,200

94

33%

CLOSED

39%

Shares

28%

*92

.

34%

EXCHANGE

120

39%

24%
24%
136
,136
*21
21 %

33%
STOCK

65

:

1

20

70

No par

119%

40

€5

Universal-Cyclops Steel Corp

Feb

170

39%

*64%

25

16

Dec

119%

3%

17

Feb

Co

*118%

94

*92

the Week

Nov. 11

$ per share

28%

28%

23%

28 %

25 %

27% Oct

Deo

7%

34%

for

Sales

Friday

Nov. 10

t per share

Sper share

93

34%

28

*3%

8

7%

com:

7%

U S Tobacco

93

34%

*88%

Feb

42

Smelting Ref & Mln
preferredU S Steel Corp common
7%
preferred—.

93%

*24 %

21

150

U S

28%

34%

100
5o
50

1st preferred

non-cum

*27%
*92

10

2
50

8

Jan

19

1
100

common-..

United Wall Paper Inc common
4% conv preferred

Sep 28
Jan

34

4

8%

Co

Thursday
$ per share

Nov. 9

Nov. 8

,

S per share

United Stores $4.20 non-c 2d pfd__5
$6 conv
preferred
-.—Nopar

Dec

Dec

Plywood Corp common
pfd series A

Rubber

S

share

United

22

2%

S

3%%
U

ner

5

6% May

Dec

U

t

1,;

PRICES

Wednesday

Tuesday

Nov. 7

3

6% Nov

4% Mar
8%

26

21% May 19
44% Sep
2

4

37

Mar 17

25% Oct 27

20% Jun 13
129% Mar

Par

7

43

72

Dec

10

93

112% Jun

137%

Dec

37% NOV
63%

28% Nov

3

Apr 29

Monday

Nov. 5

$ per share

31% Aug 12

May

Saturday

SALE

HIGH

LOW AND

STOCK

YORK

EXCHANGE

Highest

share

22 Vs

121

NEW

Range Since Jan. 1

s

Year 1948

$ per share

RECORD

STOCKS

Range for Previous
Lowest

STOCK

7%
87%

88

7%
87%

19%

19

116%

19%
♦116

•116

20

*18%

*90

95

94

*90

.94

'

'/

1

19%

19% =

*98

V

l.COO
150

99

7%

1,400

87%

871%

500

19%

19

19%

116%

116

'•

41%

7%

87

87

20

41%

7%

7%

116%

*18%

95

1,000

116

116%

20

*18%

*18%

10.5C0
120
1*

-.'.'V-V:•'

20

r

7ft

29 %

29%

28%

28%

28

28%

28

28

1,100

30

2B
2S

Ry Co common
6% preferredVlsklng Corp (The)
Vulcan Detinning Co common.

30

30

30%

29%

29%

29%

29%

3,200

32%

B

*31%

32%

32

32

32

32%

4G0

321%

20

*27%

25%

*27%

28%

♦27%

28%

•28

28%

20

preferred

♦29%

30

♦29%

30

*29%

30

*29%

30

49%

*47%

49%

*47%

48

V
'

W
87% Aug
12% Deo

15%

loo %

Jan

12

Jun

30

35Va

Dec

28

Jun

25% Jun

13

105

Apr

*18% Mar

101

Aug

101
14

Nov

32

4%%

100
No par

49%

*47%

*14

14%

*14%

14%

14 %

143/B

14%

Walgreen

No par

*29%

30%

♦30

30%

30

30%

x293/8

*105

105%

105

Co

4%

7

9% Jan

7

Walworth

15% Oct

13
9

Warner

18% Jun 22

25% Feb

1

Warren Foundry & Pipe
Warren Petroleum Corp

Nov

34% May

14

Jun

14

22% Jan

20%

Jau

27% Aug

23 % Jun

27

25

Jan

11

12%

Deo

20% May

11% Jun

14

14% Sep

14

16%

Deo

22

16% Feb 10

13

Dec

30%

Sep

11% Apr 21

Jan

23

Oct

17

7

27

Dec

34%

*80

Nov

86 Va

13%

Veto

15%

15%

15%

15%

97%

99%

99%

99%

99 Va

180

14

14%

14

14%

14

14%

70,800

No par

24'A

24%

24%

24%

24

24

•23

23%

1,400

2,300

'

19%

19

18 3/4

183/4

24%

24%

24%

25

13%

13%

13%

13%

13%

1,400

B

*22%

23%

23

23

22 Va

23

22%

22%

900

17

Xl6%

Wayne

Mills

Knitting

7

Wayne Pump Co
Webster

7

Wesson

July 13

84% Oct

18

1*

23% Jan

21

West

Indies Sugar

22% Oct

14

West

Kentucky

3

24% Aug 10

$4

1

5%

5%

16%
5%

2,100

5%

23%

24

24

24%

23%

23%

2,900

83

83%

*81%

preferred

No par

*82%

83

83%

83%

Corp

1

19%

20

19%

20%

19%

19%

19%

Coal Co

4

19%

20%

19%

20%

18%

20

18%

16%

Apr

22%

Oct

Feb

51%

Jun

35% Jun

100%

Feb

110%

Jun

104

4

14

May 12

*114%

115

114%

115

115

20

107

♦105%

107

•106

107

107

107%

30

100

*105%

107

*105%

107

•106

107

107%

107%

20

prefejyed series O
Virginia coal & Coke

West Va

4%%

24

15

24%

24%

24%

114%

Range sinee Jan. 1
Highest

$ per

share

5Ya

Nov

10% May

34%

Dec

46% May

15

14%

15

14%

15

14%

14%

2.000

45%

45%

46

45%

46

45%

45%

600

107%

♦106'/a

107%

107%

290

107%

107%

7% Mar

22% Mar

share

Feb

5

STOCK

Saturday
Par

Lines Inc

7% Apr 11

Western

Air

41% Mar 12

Western

Auto

16% July

12% Jan

20

Western

38% July

21

29% Apr

8

Sep

8

4%

Monday

Nov. 5

tper share

24

t per share

—I

7%

Supply Co
Maryland Ry com
2nd pfd

108
100"

non-cum

38'/4

Wednesday

Nov

58%

Deo

36% May
74% July

20

Jun

13

30

Jan 24

53% Jun

6

69

Nov

9

Western

Nov. 9

$ per share

t per share

t per share

7%

7%

7%

7%

7%

15

Deo

26

3

39%

Jun

34% Jan

7

23%

Deo

33%

Jun

20% May 31

29% Oct 26

Westlnghouse
Westinghouse

85%

90% Jun

May

Feb

95%

Apr

91%

Feb

101%

Jun

98% Feb 15

25

Dec

40%

Jun

21% Jun

Jan
Mar

67%

CM

29% Jun

83

Mar

92

Jan

71

115

102

July

23

Feb

27%

13%

Dec

24% May

9% Feb

22% July

27%
9

Feb

31%

Feb

19%

8% Mar

12

104

11

114% Sep

5

12

48% Jan

13

July

10

Aug 11

26% Jan

7

23% Mar

Jan

100% Nov

3

Mar 30

80
37

27

89% Jan 12
31

2

Oct

27

3%%

Jun

16% Mar 30

White

3

29% Sep 23

38%

x37%

38%

37%

37%

1,500

11%

11%

12

u'%

11%

2,600

*24%

26

*24

26

26%

27

*26%

27%

EXCHANGE

600

69

69

*68%

69%

CLOSED

100

26%

STOCK

27%

27%

EXCHANGE

*68%

8

33% Oct

7% May 31

5

X13% Oct 27

4% Jun

6

7% Jan

8

Mar

65% May

*42% Jun

22

56% Jan

13

10%

Nov

17% May

8% Jun

15

69

Dec

88%

Jan

70

12%

Dec

19

14%

Dec

18

12% Mar 10

Jun

Motor

69%

CLOSED

191/8

19%

19

19%

26

25%

26

28%

27%

28%

*100%

101

*100%

*101%

102

101%

101%

24%

24%

24%

Co

Oil

$4.50

canv

*113

115

*40

80

*29

29%

Dec

28

*138

4

Jun

2

Sep 27

13%

25% May

138

preferred

6%

Iron

(F W)

*33%

*11%
5

51

34
12
'

11%

-

-180

68%
*82

58

Deo

81%

Nov

94

Jan

60% Mar
I

22

Feb

May
96% July
69

Mar

11%

Deo

34%

11% Jun 14

-

Jun

Jan

10%

Feb

16% May

Deo

48

May

15% Feb

24

Oct

65% Dee
13% Dec

If %

Deo

-

*Bid

rCash

35

July

8% May

and

sale,

Oct

*19% May

Feb

3%

89%

asked
s

prices;

Special

sales.




Feb 25

80

66

Feb

78% Sep
2
12% Oct 27

24

Yale

64

Jun

9

8% Feb 25

19% Jon 15
8

Jun

72

Oct

27

76

10

Nov

9

Nov

Jan

2

20

13

12% Jan

7

30% May 13
16% Jun 17
53% Jun 13
10% Jun 28

39% Jan

18

"July

13

3% Feb

9

20%

no

sales

on

wdWhen

26% Oct 19

&

>;rCv

29%

y" V- y.'»

V*

#-.=

600

Towns Mfg Co

York

Corp common
4%% conv preferred

11%
5

*50%

•33%

5

51%
11%

10%

10%

19%

19%

19%

145

•140

30%

30%

47%

47%

X46%

16%

16%

*33%
U*A

5

43/4

51%

51

79

10%

11%

434

:

11%

34

*11%

11%

79

30%
;

34

11%

10%

*140

*33%

34

11%

300

4%

5,300

51

51

XI0%

11%

\

:';V

':r

•,

79%

19%

•L'

103%

*77%
*10%

19%

■».

19%

19%

145

*140

30%
■

"•

♦140

3,500
200

103/4

....
...

145

30%

47

600

11%

79%

*10%
*

,!:v'* '•

145

11 %

79%

31

30%

473/8

47%

5,200

j.

31

47

400

<

473/a

1,400
6:300

...

»

68

V

„

3

,

Machinery common
No pax
Prior pfd 4%% series
105
Prior pfd 4%% conv series—104
Wright Aeronautical
No pax
Wrlgley (Wm) Jr (Del)
No pax
Wyandotte Worsted Co
I

*59% Feb 24

July

37

17% Nov

18

;

79

19

10

Co

5

51

*78%

Co

Worthington Pump &
Deo

'

2,700

18

Woodward

29

——

360

2.600

1

Co

Woolworth

•—

3,300

13%

No pax

2

"

■

27%

No pax

$4.25 preferred

10

:

80

13%

No pax

Wilson & Co Inc common

Sep

•

39%

78%

273/4

20
com

pfd series A

34% Jan

29%

115

39%

.

,

13%,

•

Motors

49% July 29

29%

403/4

27%

Wilson-Jones

Jan

(

•'

13%

Wisconsin Elec Power Co com——If

22

■

27%

17

44

1

80

29%

•

39%
79%

.

-

300

13%

26

128

♦113

115

•113

40%

130
400
,

27%

13% Jan

Oct

115

243/4

13%

19% Oct

Jun

102

24%

27%

14% Jan 14

Jan

100%

102

13%

10

37%

100%

25

27'/4

Jun

49%

993/s

101%

24 %

13%

Jan

Feb

x99%

8.000

29,900

27%

79% Nov

41% Nov

DAY

*

—

7,400
ARMISTICE

27%

Xl01%

v-./1

79%

29%

18%
253/a

27%

x27

DAY

101:,,

79%

18

X25%

273/4

ELECTION

40
"

.

125

♦113

40%

♦79

19
26

—

1

21
Jun
6

9

24%

18%
25%

'

STOCK

1
com

Co

Willys-Overland

69%

100

Sewing Machine
Prior preference

Wilcox

27

100

White

28% Feb

Nov

13

18% Jan

5,100

38%

27%

-

Shares

*24

25%

Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No pax
$5 conv prior pref
No par
White Dental Mfg (The 88)
28

for

*11%

12.58

Instrument

$ per share

7%

13%

com

pfd series B
Elec

27

Air

Electric

pfd series A

3.80%
Weston

12% Jun
.

May

61

-

Teleg class A_No par
Brake
No par

Western Union

Nov

13
May 31
21% Jun 13

19% Nov

29%

com

A—

*70%

22%
—1
-55

10%
*37

*70%

74

*77

12%

16%

71

74

77%

73%

16%

15%

15%

16

70%

16

70%

71

70%

70%

73%

74%

76

•75

•77

80

77

78%

78

2,600

75%

•r

,

<

40

210

,

80
•

*77

80

77%

*76%

78

78

77%

77%

12%

12%

12%

*11%

11%

10%

11%

2,400

22%

22%

22%

22%

2.100

22%
10%

3*%

10%
>37

30

r<

500

10%

37

22%

10%

10 %
37%

1,100

10%

37

22%
*36%

10%
37 Va

200

25%

25%

25%

25%

25%

25%

25%

25%

1,100

70

70%

70

70%

69

70%

69%

69%

8,100

6

Young (L A) Spring & Wire-No Par
Youngstown Sheet & Tube—No pax
Youngstown Steel Door
No pax

11%

11%

12

12

11%

11%

11%

11%

1,900

Jan

7

Zenith

28%

28%

28%

28%

28%

29

28

28%

2.500

4% Oct

13

Zonlte

74

Jan 28

14% Jan

33

this day.

distributed,

$In receivership,
x

Ex-dividend,

Radio

Corp—

Products

or
y

Corp.

.No pax
l

*4

4%

4

<-

4

petition has been filed for company's reorganization.

Ex-rights.

{

the Week

11%-

*68%

RR

series

Sales

Nov. 11

Nov. 10

26

11%
*25

No par
Iff

Pacific

Preferred

.

Friday

Thursday

.<•

Nov. H

t per share

7%

38%

-10

Tuesday

Nov. 7

'

25%

107%

LOW AND HIGH SALE PRICES

EXCHANGE

32% May 23
8% Feb 24

24%

•106%

18B

NEW YORK

Lowest

24%

*45%

B

Pulp it Paper com—No par

preferred

24%

STOCKS

Highest

11,700

115

*105%

Range for Previous
Year 1947

24%

•114%

West

108% Jan 25

25,200

100

17% Jan 20
20

130

1,900

19%
19%

IBB

pfd
eerles B

preferred

46

Oct

1,700

83

No par

4.10%

38%

5%

com

107%.Nov

10

5%

Power 4% ft

4.20%

2

16%

5%

23%

Elec Co

108% Jan 26

101% May
13% Mar

17

*5%
23%

West Penn

104% Sep 30

10

16%

500

West Penn

107

Nov

16%

x

——B

Inc

Tobacco

conv

Jun

115

16%

19%

Oil & Snowdrift com—2JO

Jun

Apr 18

2,400

24%

107

$ per

15%

961/2

14

13%

113

$ per share

15%

96%

13%

19%

Oct

Lowest

151/4

♦95%

5

1

*24%

5

14% Jan

1,200

13%

Nov

19% July

73/4

19%

105% Nov
100%

2,100

7%

24%

6% Oct

16% Jun

30%

7%

19%

27% Jan

26% May

19% Mar

120

293/4

7%

7%

30%

*131/4

3

78

15

7%

400

30%

30%

7%

400

*24%

13

Jan

30%

30%

14%
293%
1033/4

3
Washington Gas Light Co—No par
Waukesha Motor Co
B

3% Jan

Aug

*7%

Pictures

Bros

*19% Jun

6% May

Sep

30%

X103

105

100

Baking Co common
preferred

16% Sep 29

3%

No par

5 % %

9

*19%

105

No par

Co

14% Nov

Ward

105

100

preferred
Walker (Hiram) G & W

99% Nov

Jan

26

preferred

common

3

Jun

9% Jan

*48

Waldorf System

14

May

22

30% Nov

RR

*87% Jun 14

Jun

9% Nov

1

*12

167/a July

10% Mar

19

6% Jun 29

13% May

*83% Mar

105% Oct

21% Jun

27% May

8% Feb

May 19

Wabash

4

lEffective Sept.

23,

name

4%

was

changed

4

to

4

Shell

1,600

Oil

Co.

a

Deferred

•

.

■

rH'

'

delive ry.

'

Number 4855

Volume 170

THE

COMMERCIAL

Bond Record
Italic

lettera

In

the

column

headed

.

FINANCIAL

'

CHRONICLE

New York Stock

«»
FRIDAY

The

&

WEEKLY

-

"Intereat

Period"

indicate

Figures after decimal point repreeent

one

each

the month when the

case

82d

more

or

Exchange

YEARLY

in

(1933)

of

a

bonds

mature.

„

point.

LOW AND HIGH BALE PRICES

Banfe for Previous

GOVERNMENT

Year 1948

Lowest

NEW

Range Sines Jan. 1
Lowest

Highest

Highest

101.11 May

Saturday

STOCK

9

^Treasury 3VsS
Treasury 3s

Monday

Nov. 5

EXCHANGE

101.11 May

9

BONDS

YORK

Ic»

:—1949-1952

Tuesday

Nov. 7

Huh

Low

Wednesday

Nov. 8

High

Low

Thursday

Low

Friday

Nov. 10

Nov. i>

High

Lew

High

Sep

108.28 May

108.13 Jan

♦100.11

100.12

•100.11

100.12

♦100.10

100.11

♦100.10

1951-1955

•104.3

104.5

*104.3

104.5

•104.3

104.5

♦104.2

1955-1960

•109.12

109.16

•109.12

109.16

*109.10

109.14

•109.10

1951-1954

♦103.3

103.5

♦103.3

103.5

*103.3

103.5

•103.2

2%s
Treasury 2%s
Treasury 2%s

1956-1959

•110.20

110.24

♦110.20

110.24

•110.20

110.24

*110.20

110.24

1958-1963

•111.24

111.23

♦111.24

111.28

*111.24

111.28

*111.24

111.28

1960-1965

•113.20

113.24

♦113.20

111.24

♦113.20

113.24

♦113.21

113.25

1949-1953

•100.9

100.10

*100.9

100.10

1950-1952

•101.15

101.17

♦101.14

101.16

1952-1954

♦102.31

103.1

*102.31

103.1

1956-1958

•106.8

106.10

♦106.9

106.11

♦105.10

105.12

♦105.13

105.15

Treasury
110.23 Mar 11
101.18

Dec

102.22

Feb

110.23 Mar 11

_

Jun

101.19

Jun

102.1

MarTf

104.15

Oct~18

100.24 Mar

100.25

Jan

103.8

July 25

103.8

July 25

Treasury 2%s
Treasury 2 Vis
Treasury 2Vis
Treasury 2Vis
Treasury 2Vis
Treasury 2 Vis

100.23

Jan

100.26

Apr

100.23

Sep

100.24

Sep

101.13 Jun 24

Treasury 2Vis
Treasury 2Vis

100.16

Sep

101.12

Jun

100.7

Oct

100.27

May

102.23

102.23

Sep

Sep

101.11

Feb

3

102.51 Jan

Jan

101.19

14

104.9

Sep

101.7

102.51 Jan

102.26 May
100.7
Oct

101.12 Feb

101.7

104.9

9

Feb

14

Feb

103.2

3

Aug

2

101.28 Jun

100.18 Jan

30

100.28 Jun

Jun

103

14

Aug

."1962-1967
1963-1968

8

100.11

103.4

*100.8

EXCHANGE

100.9

*100.8'

100.9

♦101.14

STOCK

101.16

•101.13

101.15

•102.31

103.1

*102.30

106.9

*106.7

106.9

*105.11

105.13

STOCK

103

•106.7

CLOSED

*105.11

EXCHANGE
CLOSED

IOj.13

•104.20

104.22

♦104.24

104.26

ELECTION

♦104.23

104.25

*104.23

104.25

ARMISTICE

_Jun 1964-1969

•104.9

104.11

*104.12

104.14

DAY

*104.11

104.13

*104.11

104.13

DAY

-Dec 1964-1969

•104.5

104.7

♦104.8

104.10

♦104.7

104.9

•104.7

104.9

1965-1970

♦104.1

104.3

*104.5

104.7

•104.4

104.6

*104.4

104.6

1966-1971

Treasury 2Via
Treasury 2Vis
Treasury 2Vis
Treasury 2 Vis

102.26 May

100.23

104.1

♦104.3

104.5

•104.2

104.4

♦104.2

•103.9

103.11

*103.14

103.16

♦103.14

103.16

♦103.14

103.16

__Sep 1967-1972

•105.27

105.29

*105.31

106.1

♦105.28

105.30

*105.28

105.30

-Dec 1967-1972

.

•103.31

._Jun 1967-1972

.

104.4

102.13 July

102.30 Feb

9

100

Mar

100.4

May

100.13 Jan

20

100

Mar

100.2

Feb

100.17 Feb

9

100.9

100.31

Sep

101.13 Mar

101.7

Dec

101.26 May

100.31

Sep

100-30

Sep
Oct

100.16

102.30 Sep
Jun

14

100.21 Feb

Sep 28

20

101.3

9

101.8

Jan 26

101.18 Fab

101.8

101.18 Feb

9

103.16

*103.14

103.16

*103.14

103.16

♦102.30

103

•102.30

103

•102.30

103

♦102.30

103

1952-1955

•102.17

102.19

*102.17

102.19

•102.17

102.19

*

2 Vis

1954-1956

•105.26

105.30

*105.26

,105.30

•105.26

105.30

♦105.27

2 Vis

1956-1959

•104.28

104.30

*104.29

104.31

•104.27

104.29

*104.27

104.29

-

102.16- 102.13
105.31

-

-Jun 1959-1962

•103.3

103.5

*103.3

103.5

•103.2

103.4

*103.3

103.6

.

—Dec 1959-1962

•102.31

103.1

*103.2

103.4

•103.1'

103.3

*103.1

103.3

tTreasury 2s
Treasury 2s

-Dec 1949-1951

♦100.7

100.8

•100.7

100.8

♦100.7

100.8

*100.7

100.8

-Mar 1950-1952

♦100.12

100.13

*100.12

100.13

•100.11

100.12

*100.11

100.12

Sep 1950-1952

•100.26

100.27

*100.26

100.27

•100.25

100.26

•100.25

100.26

1951-1953

•101.15

101.16

*101.15

101.16

•101.15

101.16

*101.15

1951-1955

•101.21

101.23

*101.21

101.23

•101.21

101.23

♦101.21

101.23

Jun 1952-1954

•101.29

101.31

*101.29

101.31

•101.29 .101.31

•101.29

101.31

Dec 1952-1954

Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s

8

101.16

102.8

*102.6

102.3

•102.6-

102.8

*102.6

102.8

♦103.26

103.30

*li)3.26

103.30

•103.26

103.30

*103.27

103.31

1950

•100.14

100.15

♦100.14

100.15

•100.14

100.15

*100.14

100.15

1957

*100.30

101

100.28

100.28

•100.30

1972

2s

•102.6

1953-1955

Treasury
Treasury

Apr

.

Treasury 2 Vis
Treasury 2 Vis

26

Jan

*103.14

1951-1953

Treasury

Aug 10

__

101.18 July
101.19 July

100.7

105.4

103.11

2 Vis
2Vis

Treasury
Sep

•103.9

Treasury
Treasury

101.14

Bonds ($)

109.14

2%s

108.13 Jan 26

26

the Week

High

104.4

27/aS

tTreasury 2 Vis

105.28 Mar

Sep

Treasury
Treasury

lut>.l
107.4

Sales for

Nov. 11

Low

High

►102.16

102.18

102.15

102.15

102.14

1 Vis

International

Bank

for

Reconstruction & Development

94.10

Jan

98.30

May

98.24 Jan

10

64.14

Jan

99.30

May

99.11 Jan

5

•Bid
2s

due

and

Dec.

asked

15,

price.

No

sales

101.2

transacted

1949-51, called Dec.

15

July 14

102.16 Sep

at

this

100.

a

day.

Odd

lot

1

10-year 2 Vis

2

25-year 3s

tTbe following Treasury bonds are being called for redemption:
transaction,

Registered bond transaction.

r

RANGE FOR WEEK

New York Stock

Interest

Last

Period

Exchange

Sale Price

or

Thursday's

3Vis due 1949-52, called Deo. 15 at 100; 2Vis

ENDED NOVEMBER

No.

High

Interest

Low

Period

Sale Price

High

108%

108

28

108ft

104

3%s Series No.

108ft

or

J-D

".

Range
Thursua^ s

64V2

*63%
•63

J-D

3%s Series No. 24

58%

64

64

64

64

J-D

*63

J-D

REctor 2-2300

120

New York

Stock

63%

3%s Series No. 26

Broadway, New York

NY

J-D

*63

J-D

*63

J-D

•63

J-D

♦64

J-D

*63

M-8

*99%

(City)

2%s

lAOtd sink fund
AGtd

sink

fund

6s

F-A

fAAntioquia

1948

A-O

1968

M-S

*94%

A

1945

J-J

series B

1945

J.J

series

C

1945

J-J

»

f 7s series D

1945

J.J

♦
•

I a External

s

f

s

coll

f 7s

lAExternal
AExternal

s

sec

AExternal

sec

iv Antwerp

7s

f 7s

s

A External

(City)

;y..

7s

1st series

<__1957

2d

external

5s

47

46%

ARy external

46%

37

46%

42%

J-J

100%

10-year 3y»s

F-A

1957

1967

J-D

i960

J-D

1962

F-A

s

f

of)

_1955

6s

7s

—1955

102

90%

90 %
91

84%

85%'

84%

85

84%

84%

V

J-J

i

(U S of)

external 8s

*107

J-D

33

Stamped pursuant to Plan A
(Int reduced to 3.5%)

)■

AExternal

s

1'

AExternal »f 6Vis-of 1927—

'

Stamped pursuant to Plan A
(Int reduced to 3.375% )

i:
i:

A 7s

N

J-D

--

*72

♦27%

A-O

♦35

—I960

A-O

Feb 1961

F-A

27%

27

:i

'27%
•35

J-J

28%

28%

Sep 1961

Ms

35 %

35%

Sep 1961

U-5

29

^

29

25

29%

1957

J-D

35%

35%

35%

34%

37%

1957

J-D

♦27%

20

29

1901

J-D

*35

W—.

34%

37

1901

J-D

*27%

29

26

1961

A-0

♦35

—w1

1961

A-0

1962

M-N

*35

35%

36%

1962

M-N

*27%

26%

29

A960

MS

*35

36%

37%

1960

MS

26

29

1951

J-D

89%

97%
95%

92%

84

93%

9

82%

93%

110%

f $

A6%s assented

6%s

fund

AGuaranteed sink fund 6s
A 6s

A-0
A-0

Bank 6'/2s

A6%s assented
assented

AGuaranteed sink fund 6s

121

60%

—

1962
1962

bonds 2-3s

Mortgage

A Sinking

102%. 113%
14

s

A Chile

75%

A Chilean

A Chinese

A 7s

56

1979

J-D

53

54

17

46

A-0

60%

Cons

Munlc

7s

assented

,

M.

'

'

34%

36%

1

9

'
•

•

*

'

'

5

37%

26

«

29

75

1979

»

75%

A-O

J-D

53%

53%

5

43

1978

—

♦72

61

J-D

55

72

2

46%

59

21

42%

53% F '

15

55

A-O

52%

52%

69

69

•66

5s

55%

—

—

(Hukuang Ry)

*1- '

1978

3%s Series No. 8

FOREIGN

12

J-D

3%s Series No. 13

J-D

3%s Series No. 14—_

J-D

58%

69

1

70

73

66%
71

*

J-D

3%s Series No.

5

12

71

__

J-D

3%s Series No. 11.

69

'

M

*

' ;

SECURITIES

*

t

;

,

"

r

FIRM TRADING MARKETS

69

57%

67%

66%
-

J-D

3%s Series No." 10

69

59

1'

-

71

57%

66%

6G

66

J-D

3%s Series No. 9L_

*

62%

—

5

—

66%

«

4%

For Financial Institution*

(

67

..

71

62%

v

V

.o.rINC.
&

HAUL marks
•

: :

FOREIGN SECURITIES SPECIALISTS

73

■
'

*69
T—

—

__

__

■1'

—rr-

*69
•63

50 Broad

73
73

58%

>

58%
60%

w'-4 '

.

74%

65

*63

65

58

65

59

65

65

55%

66

.Teletype NY 1-971

65

*63

•63%

St., New York 4, N. Y.

Telephone HAnover £-0050

.

'

-i.

flirt

29

,i,i-i

,

29

34'

7

27% ,27%

27%

29

1

•

'

36%

25%

,

....

27%

27.%

35%
3

Y

27%

55%

1957

assented—

•35

27%

75

i




25%

''

15

62

J-D

page

;

•/;

27

45%

;

see

37

26%

1

•

footnotes

34%

26%

5

J-D

For

1

.

J-D

72

J-D

'

/v

1993

55%

3%s Series No. 7

j

29%

Extl

72

i
}

37%

26

r»

103%

54 %

53

29

34%
A

1

30

*27%

26%

8

1

'•

'

106

72

i3%s Series No. 5—
>

27%
•

26

55%

J-D

3 Vis Series No...4

; ,v

37%
29%
37%

10

'•

10

A-O

J-D

/ 3%s Series No. 2_
3%s Series No."3

-r

27%,,

%

27%

(Plan B)—

3%s Series No. 1

,

i

25%
34

34 y*

27%

A-O

~r

28%

M-N

84%

.

108%

J-D

(Int reduced to 3.375%)

External $ bonds* of 1944

>.»

u

rV

'

Mi

37

25%

'

J-J

_

,

i.

30

F-A

6s

59

35

—Jan 1961

f 6s

54 y.

■

♦35

Feb 1961

'

■

1963

funding bonds of 1931 due—1951
Stamped pursuant to Plan A

ii

M-N

►

.

27%
35%

1978

1952

Ry)_

Stamped pursuant to Plan A
(Int reduced to 3.5%)

101 «/4

•35

35%

$%

(Central

*58

M-N

M-N

9

76

100%

1963

1957

f 6Vis of 1926

Stamped pursuant to Plan A
(Int reduced to 3.375% )•
::

1941

107%

106

.

AExternal sinking fund 6s
A6s assented
!

89

2

22

110% 113

1041/4

104%

46

A6s

lABrasil

102%

1

'

,

97%

112

91

__

J-D

10iy2

102

AExternal sinking fund 6s;
A 6s assented

37%

1

91%

107% 107%
101
1011%

J—Jan 1961

s

AExtl sinking fund
A 6s assented

46%

J-J

1960

6s

98

100

28

101

1942

A6s assented

46 %

8

101

102% 102 %'

J-J

101%

8

101

102%

.

63%

97%

99% 100

J-D

\

65

60%

99%

A-0

MS

£

64%

58

•

95

1

100% 100%

1950

37%

—w

42%

1955

External

~

37%

102

15-year 3%s
Belgium (Kingdom

:

—

43

20-year 3Vis
j!

12
'

100

65

65

59

-

1942

f 7s

—

37%

10-year 3 Vis
20-year 3Vis

m

37%

assented

37%

42%
45

102

5s

62

94%

66

60%

,

1954
s

.

AExtl sinking fund
A8s assented

J-D

(Commonwealth)

assented

A6s

62

57

56%

'

-

•

1974

50

41%

A-0

7s

72

81

A-O

f

3y4s

43%

41%
__

A-0

series.—1957

f 7s 3rd series—1957

s

s

WI'

94%

1958

Australia
I

70

♦70

4s

(Dept)

IA External

►.

*70

70

' '..'

■

1960

AExternal sinking fund 6s

'

——

F-A

''J-

.1950
4s

(City) 8s
(Rep) External

IA 7s

"

1947

Akershus (King of Norway)

1958

'

1961

of)

(25-year)

lAChila

•

.♦

1957

ACarlsbad

(Colombia)—

6s

f 5s

(Dominion

2"-?ear

Agricultural Mtge Bank

s

Sinking fund gold 5s
Sinking fund gold 6s
Canada

Foreign Govt. & Municipal

65

60

65

Brisbane

1-1693

65%

15

64%

3%s Series No. 29

Teletype

67%

8

3%s Series No. 27

Exchange

55%

*.

63%

65
65

1

3%s Series No. 30

Members

65

59%

60%

*

*

.

J-D

3%s Series No. 25—,—

Wertheim & Cor

65%

'

"

'*

3%s Series No. 28

Telephone

65

65%

56

♦63%

J-D

65

58

,

♦63

J-D

High

60

65

J-D

3%s Series No. 23

Miy-i

59%

6

65

3%s Series No. 22

U/

100;

Jan. 1

Low

30

€6

J-D

-

♦63

3%s Series No. 20

\;f(t

at

Range Since

No:

64% "

J-D >'

3%s Series No. 19

1

15

Sold

63%

63%

3%s Series No. 21

1 It'.;

Dec.

"Bonds

■"#

High

64

J-D

17

3%s Series No. 18

Foreign Securities

called

Bid & Asked

Low

'ti';,; '.V.'t

3%s Series No. 16

J-D

1949-53,

Week's

Last

New York Stock Exchange

Jan. 1

3%S Series No. 15.
.1880

due

J L

BONDS

Range Since

Sold

City

Corporate Stock

1,000
6,000

■

.

Transit Unification Issue—

3%

101.2
102.20

Thursday
Bonds

Bid & Asked
Low

New York

♦100.30
•102.16

Week's Range

Thursday
BONDS

101.2

102.14

3%

7%

25

COMMERCIAL

YORK

NEW

&

FINANCIAL

BOND

CHRONICLE

RECORD

RANGE FOR WEEK ENDED NOVEMBER

Last

Period

Exchange

Sale Price

or

Thursday's

Bid A Asked
Low

Colombia

(Republic of)—

High

Thursday
Bonds

of

1928—

Jan. I

Low

No.

of

1927—

Ban Paulo (State) (continued)—
A 7s extl water loan

Jan

(Int reduced to
Bern Croats

External

gold
gold

External

to

secured

A7s

7s
(Republic of) 4y2s extl-.
Czechoslovakia (State)—
Stamped assented (int reduced
extended

series

ASilesia

4s

extl

B

(Prov

lAUruguay

3—

A

6s——

5'/2s
4%s

(Republic of)

3s

f

$

extl

s

-Jan 1,

AEstonia
French
Greek

f

(Republic of)

Republic extl
Government—

A 7s

part
part

3

extl

fund
fund

6s

bond

3

8s

6s

sink

3

of

($

130 %

1937) —

readjustment
conversion

conv

4.4>/4.41/28 extl readjustment
3 %s extl
readjustment
AWarsaw

7s

A4 V2s

paid

(City)

external

7s

assented

—

—3

RAILROAD

3

AAdriatlc Electric Co 7s

Helsingfors (City) ext 6V2B
Irish

Free State extl s f 5s
Italian (Republic) extl s f l-3s

Alabama

3

Great

Alabama

1952

Southern

Power

1st

mtge

196?

M-N

3'/2s

1972

Albany & Susquehanna RR 4y2S__1975
Alleghany & Western 1st gtd 4s__1998

5 A 78 series B
Italian Public Utility—

Allis-Chalmers Mfg

Credit Institute 1%
AExternal 7s

American
Amer

to 3%

Airlines

& Foreign

American

Altaly (Kingdom of) 7s
AJugoslavla (State Mtge Bk)
AMedellin
(Colombia) 6%8

2%s

2s debs
deb

m-s

m-s

1922

A4%s small
ANew assented

.

A

1968

1899

due

1945

1922

New ass'td

(1942 agree) —1953

ASmall

new

of

1922

'

8

53

"

92

97

100%

88 V*

106y2 107 V*
99 %

100%

94 y2

100%

101 %

99%

97 'A
107 ',4

92

100
102

101% 101%

94

199V4

103% 109%

103

106%

106% 106%

103 V*

107%

114%

114 y8114%

106%

114%

104'/4

103% 104 V*

103

104

104

104

102%

105

*78

102

78

81%

84

69

92

1966

*71%

'/2

110%

va

1995

4'/2s A

*103'/4
102

102%

—

102:

104 >/2

101'/z

105%

97

93'/2

103%

*101% 101

_196<;

99%

102's/2

9 61/2

-196I

to

agreement)

A4s

IA 4s

(assented

99%

July 1995

Atlantic Refining 25/aS debs

1904

107%

Santa Fe—

&

100

9G'/2

1969

1st gold 4s

General unified

ALarge
of

99%

Stamped 4s
-—July 1 1995
Atlanta & Charlotte Air Line Ry—
1st mortgage 3%s
1965
Atlantic Coast 1st cons 4s
July 1955

agree—1945

ASmall

1922

1959
—1962

debentures

Atchison Topeka

ALarge

A 4s

1973

General 4s

8 A 5s Assented to

A5s

1957

debentures

conv

Ann Arbor

Large

99%

10

92 y2

1987

debentures

100 % iooy2
87

97

1902

A P W Products Co 5s—

ASmall

>.

debentures

3s

(Republic of) —

5A5s of

conv

1961

Amer Tobacco Co deb 3s

agree)—1968

ASmall
Mexico

debentures

3yes

1943

(1942

debentures-

2%s

1950

1986

27/as

agree—1943

"

1975

debentures

—

92 y2

100 V*

deductions
debentures

75

86 %

__

99%

conv

6
—

.

86 v2

1980

3%s

Irrigation—
|A4y2s assented to

100 y2

Telephone & Telegraph Co—

2%s

Mexican

*69%

__

J-D

2%s

—

106 y4 106'/*

*102'/4 103

__

A-O

1966

2%s

Metropolitan Water Sewerage &
Drainage Board 5y2s

J-J

2030

5s

COMPANIES

*53

*102% 104%

debentures

2%s

7s

INDUSTRIAL

__

A-O

:1956

debs

3s

Pow

AND

A-O

3'As

Italian Credit Consortium for
Public Works 1% to 3 %

-

High

;—3

sink

3%-4y8-4fts extl

7s

paid

A6s

Low

5

7s

(Republic)

External
Jan 1,
Jan 1,

s

extl

External

—

$—

3Vis extl

Jan. 1

No.

1

extl

sec

of)

3%-4-4y8s

f $

s

Range Since

Sold

(Kingdom)

A4V28 assentedSydney County Council 3 Vis

External
El .Salvador

Bonds

High

1

external-.

AExternal

extl

Thursday's

Bid & Asked

5

2%)

Slovenes

A8s

Cuba

20-year

or

Stamped pursuant to Plan A

25-year gold 4'/2s
ACosta Rica (Rep of)

6%)

Sale Price

1

Stamped pursuant to Plan A
(Int reduced to 2.25%)
A6s extl dollar loan

jASinking fund 7s of 1927
Copenhagen (City) 5s—

to

Last

Period

Low

3s external s f $ bonds
IA Colombia Mtge Bank 6l/2s
§ A Sinking fund 7s of 1926

I ADenmark

Week's Range

Interest

New York Stock Exchange

High

Oct

A 6s

BONDS

Range Since

Sold

-

A 6s

11

Week's Range

Thursday
Interest

BOND'S
New York Stock

Monday, November- 14, 1949

1954

ass'td (1942 agree)_1968

1910

(assented to

agreement)

1945

Baltimore & Ohio RR—

ASmall
-

r

A4s New ass'td (1942 agree)—1963
ASmall

.

^

1st mtge 4s ser A
1st mtge 5%
ser

July 1975
B

(4%

fixed

int)

July 1975

—

lATreasury
to

1922

6s of 1913

agreement)

ASmall

and

(ass'td
.'

Ref

1933

1%

&

contingent

New

ass'td

ASmall
A Milan

(City of)

Mlnas Geraes
A

Series

(1942 agree)—1963

6M2S

s

f 6V2s

4s

sink fund

31/28

s

f

Oslo

3%

'.

4V2s

Series

A4y2s

sec

reduced

APeru

(Rep of)
ANat loan extl
ANat loan extl

4s

1994

102 >/2 102%
86 Va

*104%

1947

39J/2

A

89

96%
L-

82

102%

:

39y2

35

2008

25%

1959

ser

s

f

7s_.

„

M 4s

ser

D

1985
1951

1951

_

Creek Extension

1st

3'/2s—1951

100

1947

16

5%

15

9%

19

6y8

14

ser

1979
•

1st

mtge

5s

series AC_—

1st

mtge

5s

100%
_

.

t

105 Vs

iooy2100%
*100

100 y2

*103%

—

f

series II

1967

821/4

1955

mtge 4%s series JJ
1st mtge 4s series RR—
Alnc mtge 4y2s ser A

101

87

101%

1961
1960

.July 1970

ABreda (Ernesto) Co 7s_
——1954
Bristol-Myers Co 3s Debs—1
_1968
Bklyn Union El lst-gold 5s
—1950
Bklyn Union Gas 4s -debentures—^1969

35%

351/2

1031/2

104 Va

100%

102

97%

103 7/a

1976

901/4

101

Buffalo Niagara El 1st mtge 2%s__ 1975
Buffalo Rochester & Pgh Ry—

98%

102%

Gen

mtge 2%s_:

Stamped
Bush

—.

modified

Terminal

1st

Consolidated

4V23

1957

4s

50%

1952

5s

Bush

Terminal Bldgs

5s

gtd

61 %

100%- 102%

1955

91 y8

,

Stamped pursuant to Plan
(Int reduced to 2%)

99 y4

102%

•

1st

10%

15

*

1970

—1976

23

141/4

mtge 2%s

I

22yB

6Vs

—1968

Cons

22%

8

121 »/2

94%

1964

Cons mtge 2%s ser J
Cons mtge 3s ser K
Boston & Maine RR—

33

171/4

gold 8s__—1950

A4%s assented U—.
—1963
Porto Alegre
(City of)—
8s 1961
stmp pursuant to Plan A
(Int reduced to
2.375%)
2001
7%s 1966 stmp pursuant to
Plan A 1
(Int reduced to'
2.25%)
2000
iARIo de Janeiro
(City of) 8s—-1946
Stamped pursuant to Plan A
(Int reduced to
2.375%)
2001
AExternal sec 6y2s
1953

40

f debentures

s

100

119%

Bethlehem Steel Corp—

94

103%

17 y2

1958

—

110

171/4

1960

f 6s 2d
ser_—1961
|APolan4 (Rep of) gold 6s
1940
A 4 V2 s
assented
s

f AStabillzation lqan
A4%s assented
AExternal sink fund

ref

stamped

Beech

1967

to

f 6s 1st

&

4s

ref

3 Vis

1963

2.125%)
external 7s
s

1st lien

Con

Bell Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2'/2s debs—1961

ref 3y2s series B_

(Int

-1980

Toledo Cincinnati division

—1955

Panama (Republic)—
A
Stamped assented 5s—
Stamp mod 3l/4s ext to
Ext

Feb 1 2010

.'

A

1970

(City) sink fund 4y2s__

lAPernambuco (State of) 7s
Stamped pursuant to Plan

series

Bangor & Aroostook RR—

1963

f 5s

4s

5% ser A
(3»/2% fxd & 11/2 % cont int)-1980

.—1957
s

income

6'western div lbt mtge

1957

;

due Dec 1 1995

J

conv

Ref

1965

externalextl

due Mar 1 1996

Pgh Lake Erie & West Va—

—1956

4y4s

ext.i loan

Municipal Bank

due Mar 1 2000

M

1958

to Plan A
reduced to 2.125%)„_2008
ASec external s f
6l/as
—1959
Stamped pursuant to Plan A
(Int reduced to
2.125%)— _2008

External sink fund

K

Series

(Int

Netherlands (Kingdom)
Norway (Kingdom of)

fixed

due Dec 1 1995

Ref & gen mtge 6% (2%% fixed
and 3%% contingent interest)—

Stamped pursuant

<

G

Series

1952

(State)—

Sec external

(2%

contingent Interest)—

-

Ags

5%

mtge

gen

.'and 3%

-

—

1960

105

99
106 Ve

A

2013

Rio Grande do Sul

(State of)—
|A8s extl loan of 1921
—„1946

C I T Financial

2%s

Stamped pursuant

to Plan A
(Int reduced to
2.5%)
A6s external sink fund
gold

Stamped pursuant

to

1999
1968

Plan A

<Int reduced to 2%)
A7s external loan of 1926
t

>

Stamped pursuant
(Int

reduced

to

to

Plan

2012

—1966
A

2.25%)

2004

7» 1967 stmp pursuant to
Plan A
(Int reduced to 2.25%)
2004
A Rome
(City of) 6V2S
_1952

A Sao

Paulo (City) 8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)

A6%s extl secured

s

Stamped pursuant
(Int

reduced

to

_1952

f—

2001
1957

to Plan

A

2%)

2012

San

Paulo (State of)—
8s 1936 stmp pursuant to
Plan A

(Int

reduced
A8s external

to

2.5%—

1950

2.5%)

Canadian

National

Guaranteed

4V2s
gold- 5s
L__.
gold 4%s
L
Guaranteed gold 41/2SGuaranteed gold 41/2S—•—
Canadian Pacific Ry—
gold

Guaranteed

Guaranteed

v

4% conv deb stock (perpetual)
Carolina Cllnchfield & Ohio 4s—

Carthage

&

1999

Adirondack

see

page

29-




—

101

101

114% 114%
*105%

2

113%

113

1

115%

1051J

—

113

108%

111'/a

113 V'2

112% 112%

5

111%

113%

105

1 105%

7

105

106%

99%

4

93%

101 >A

108% 103%

1

106%

108%

97%

Ry—

1st mtge gtd 4s—L—
Celanese Corp 3s debs
=.
Celotex Corp 3Vis debs_————

(1947 issue)

—_

lACent Branch U P 1st gold 4s—
of Georgia Ry—
;
1st mtge 4s ser A

54 %

54%

103% 104

noiy2
*101

4y2s ser A
AGen. mtge 4y2sser B

Light 3%s

Jan
Jan

104%

99»/4

101%

'

101
75

58 Va

*61W 62 y2
38 v4

54 Va
102 %

„

*79

58

2
12

—

Central

Central Illinois
For footnotes

103% 103%
*103y4

Ry—

AGen mtge

Stamped pursuant to Plan A
(Int reduced to

*100% 101%

1st 3sl__—.
Calif Oregon Power 3y»s
Canada Southern cons gtd 5s A_.

3y»s debs

1999

Corp—

debentures

California Elec Power

39 y8

*107 y2 108%

62

101 y2

80

Volume

170

Number 4855.

THE

COMMERCIAL. &

FINANCIAL

CHRONICLE

(1935)

NEW YORK BOND RECORD
RANGE FOR WEEK ENDED

mrsday
BONDS
New York Stock

Interest

;-v.'

Last

Period

Exchange

NOVEMBER

11

Week's
or

ile Price

Range
Thursday's

Loio

Thursday

Bonds

Bid & Asked

Range Since

Sold

High

No.

Low

Week's

Interest

Last

Period

BONDS

Jan. 1

Sale Price

New York Stock Exchange

or

High

Low

Central RR Co of N J—
Gen

mortgage 3 (As

Central

New

Central

York

Pacific

1987

Power

1974

3s

A-O

38%

38%

'

;
.___1974

A__

ser

1st mtge 3%s ser B
Champion Paper & Fibre deb 3s
Chesapeake & Ohio Ry—

F-A

1968

gold 4%s

/

39%

*102%

F-A

1965

Detroit Term
206

*105% 106

—

Ry Co—

1st & ref 3%s

General

J-J

J-J

..

*100 %

"38%"

.

106 %

99%

102%
105 Va

-

;

__

—.

103

...

102

126

127

?

3

f

100

34

;

122%

1992

M-S

127

M-N

100%/'

99% 100%

98

97

F-A

100%

99% 100%

9

97

1973

J-D

105%;

105% 105%

14

R

1989

J.J

___1989

J- J

2d

1st

consol

cons

gold

gold 4s

4s

i.

'■

'

/

*113%

?■

■—

118

109%

1958

series

B

J-J
F- A

&

ref

mtge 3 %s

1985

F-A

101

1st

&

ref

mtge 2%s

1970

F-A

111% 111%

109%.

1st

Chicago
1st

Eastern

&

A Gen

inc

mtge

mtge 33/4S

1977

111%.

111 %

.1997

J.J

.1985

Jf-N

.1982

B

Jf-N

A

A

ser

1988

Jan 1983

1st

Pac

4%s

inc

conv

B___

ser

"*

81

82%

75

4%s

conv

70

3

56%

Chicago St L &

New Orleans

5s

51%

52

12

45%
33

51

81%

94%

1st

&

/

100

V

98%

49%.

150%

82

46%

46%

"47%

199

104%

2%-4%s

ref

4 Vis

series

*102% |03%

Cleve

Cin

Chic

J'J

74

73'

Ref &
Cin
St

series

Wab

&

Mich

Div

&

Div

1st

1st coll

3 %s
3s

103%

102 >/4

102% 102%
•96

97

J-D

70 3/4

70
»

J-J

J-J
M-N

J-J

1982

&

3-D
-

10

'

92 :

*

71
;

79

•'

'

30

qq

57 %.

57

-

&

96
,

65%

57%

82%

83
107%

107

54%
50

4

:

;

Continental

2

52%

»

53%

102%

104%

1

101%

103%

24

103 Va 103 Va

45 Va

^

r--"

*103

45%

105

ser

101%

&

Ohio

4s

series

mtge

3»

88%

1
11

107% 107%

5

119%

1990

J-J

96%

J-J
J-J

2010

J-J

J-J

*96%

Feb

82

65 V*
59

104%

91

99%

103%

107%

110%

*65

R_.

ref

88%

102 Va 102%

1961

Q

ser

Mobile

M-S

1982

2%s

...

inc 5s

107%

*123% 127

.

96 %

*92%
79

...^1975

92%

—

July 2015

J-J

7

"2

debentures

^1978

58%

1978

3

98

70%
10%

100%

103 V*

102

97

69

74'

r

60

,

95%

'

58%

J-J

.58%

101%

25

48%

61

10

95%

100

*99Va

Jf-N

100

100

3-3

100

A-O

1969

w

...

69

♦100

Apr

80%

62%
9

*100% 101

A-O

95%
92%

75

'

,94%

97%

119%
'.98

92%
86%

1

102% 103

J-J

A

ser

116.

'93

2

79

*7%

A-O

B__.

,

96%

■

Feb

1959

5

96%

124 Va

120

■

119% 119%

RR—

1st mtge 2%s_.1970

Hocking Valley Ry 1st 4,/2s_

—

—

103

103%

101

'

'104% 104%

J-J

126%

J-J

99 %

101%
101%

Hudson & Manhattan

f 5s series A

s

108

'

1C8

108%

A-O

104%

104 %

104% 105

1962

J-D

1957

F-A

A-O

10

99%

91%

91%

92%

66

>28%

99%
66%

28%

66

____Feb 1957

1st 5s A

96%

126% 127%

30

37

102

3

99%

121% 127%
95

100%

44

79

96.

34

55

69%

19%

33%

10

108%

102

*99% 100.

__

—i.1999

Hudson Coal

1st

Jf-fl

Corp 2%s_-^.._1970

Finance

95%

97

105% 106

A-O

1971

M-S

106 %

52%

98%

53

105%

39%

34

53%

♦99% 100%

98

100,

Illinois Bell Telep 2%s series A...1981
1st mtge 3s series B__.
.1978
Illinois Central RR—

■105

101%

105%

A-O

♦106.- 106%

103%

106%

Af-S

*103%

100%

103%

*104

103%

103%

-

_1970

1981

F-A

—1977

F-A

1978

J-D

1999

A-O

M-S

108%

—

104%

-108% 108%

106

f'jy. 1

*105'

106%

V: 'J

106% 107

gold

1st

gold

3s

Collateral

104

107%

*105% 106%

104

106%

J-J
F-A

*104% 104%
*102.
"
♦104% 105%

101%

1951

1961

1965

.

105%

lines

trust

Refunding 5s
Debenture 4%s

*

100

A-O

1st mtge

3s

<

105%

.1951

*103

104%

103%

102%

Joint

106%

105%

-milm 'I'/-

298
■

'

113%
103%

1st 5%8

•"

J-J

'/•

104% 104%

100 %

18

M-N

1942

1952

§ADeposit receipts
§A7%s series A deposit rets
8 A6s series B deposit
receipts

'

/

J-J

1946

*81%

83V2

>

27%

28

J-D

28*

33

•

J-D

1946

'32%

33

•33

93%

":35

95%

52.'_
36

79

81%

ref

-

103

loo

77

107%
90 %
103%

J-J

1951

^..i.1951

100

16

100%
99 %

'

100Va 100Va

5

*100% 101%

1-1-

J-J

St

L

5s series

4%s

*90
1.

F-A

100%

100

*101%

..

100%

102

101%
101%

101%
101%

103

O—

A_.

1963

91

92%

..1963

J-D

95

94%

95

52

86

1963

J-D

88%

88%

88%

21

78

93%

8

J-D

D_A._____

1970

100%

J-J

100% 100%

J-J

1950

ser

103

100%

100

•

C__

series

mtge 4s

N

&

100%

LJ

: *; • 5

100

F-A

Chic

ref

ref

3-3

1951

4s ser, A
Indiana 111 & Iowa 1st gold 4s__
Indianapolis Union Ry Co—» >

103%

43

&

1st

104%

27

46%

'32

'■

J-J

u!

—

96

*44%

,y
1

J-D

1st 5s gold-.

'*94

'i

J-D

SADoposit receipts

99

1st

1st
;

*102% 103

.•/.

.1951

3%s

Registered
111 Cent and

'

mtge 3Vis
Ry

102%

102%

101%

...

113% 113%

>.■'"?r

'

M-S

!l966

Steel 1st

98%

7
'

__

99%

7

105%

*105%

113%

94%

gold

Western Lines 1st gold 4s

'

'

1965

Northern

101% 102%

A-O

27/BS™1975

debs

§ACuba

99%- .'/•'.

:

102% 102%

1st

103

12

'

♦100% 104%

3s___

100

102

J-J

gold

101%

11

90%

F-A

1st

105%

100

*102

88%

3-3

Div

1977

J-D

J-D

90%

Omaha

B

J-J

107%

107

3s.
1951
Louisville Div & Term gold 3%s_1953

ser

1968

107

M-N
F-A

104%

Springfield Div

—1963

102%

106%

St Louis Div & Term gold 3s
Gold 3%s

2%$

102

101

1

104%

101%

Gas

U-N

103

100

16

104%
'

.1950

104%

105

100% 100%

101%

70

♦35

.1966

96

M-N

J-J

_._1955

.;

101

J-D

104

gold 48___...___1953

*101 % 102

1972

M-N

1952

*101% 103

—..1972

A-O

3 Vis

Jf-fl

C

Jf-S

1952

103

101

103%

5

106%

101

1955

A-O

ser

*101

1951
:

1982

D

J-J
J-J

Cairo Bridge gold 4s__.
Litchfield Div 1st gold

York—

:./■ 99%/%

102%

97

102%

A-O

sterling

A

99%

♦105% 106%

.1951

ser

New

102

J-D

.1951

4s_,

Purchased

108 %

.1951

■

3V2s_.

trust gold 4s

Refunding

.

Collateral

12

I

4s_^__.

1st gold 3%s
Extended 1st' gold

105%

F-A

J-J

,

1st

3%s

Crucible

A Cuba RR

(

J-J

F

ser

ioi%
*95

Af-N

3s ser E_.——.—1979

Baking

102

H

104% 107%

•■j.'.-

A-O
*

extl 4s

of

Natural

Consumers Power

.

J.

53

J-J

:

ser

Hackensack Water

?;■

debentures

conv

—

87%

<104% 107%

*106%;'__

A-O

1964

El

1st

1st & ref 3s series

3s

'

'''

^.2000

N

AAdj Income 5s

1973

ref

Consolidated

103% 103%
'

62%

77

5

37;

Aug 1974

mtge 2%s
1st & ref mtge 2s/«s
1st & ref mtge 2%s

;:C

99

102

68%

Mar 1974

Ohio

1st & ref mtge

Jf-N
J-D

J-J

Gulf States Util 1st M 2%st
1st mortgage 3s
'
,

,

86%

Corp—

_

Edison

99

1

54

57%
107

A-O

■:

Conn Ry & L 1st & ref 4%s
Conn River Pwr s f 3%s A
Consolidated Cigar Corp 3%s
1st

89%

87%

105%

1976

2%s

Gen

-83%

i'z

57%:

■

yCr-M

1980

1st mtge 3s series L
1st mtge 3s series N
3s s f debentures

Consolidated

99%

79%
■

_1952

D

1st & ref 3%s seris D
1969
Gen mtge inc 4s ser B__'..__Jan 2044
Collateral trust 3%s_
....1968

Commonwealth Edison Co—

>

72

95%
80

'100

1973

series

mtge

Household

1973

_

Toledo

5%s
4%s

"

>

debentures

Sou

Co—
series B

mtge

1st &

System, Inc—

Columbus &

57

5

Ry

ser

Gulf

106% 111
99
10?%

38

J-D

v

102% 102 V*

—

"83%

1977

Gas

Columbus

100

&

debentures

18

82%

Ry—

Iron

debentures

3s

12

103%'

J-D

1970

Electric Corp—
debentures

3'/as

97

83%

M-S

AGreen Bay & West deb ctfs A
A Debentures ctfs B__!
_.j
Greyhound Corp 3s debs____

106%

J-D

..1972

Gas

Columbia

103 %

1959

deposit

Gen

102% 106%
101 /: 103%
101%

F-A

1990

1st mtge & coll tr 4s__,

Columbia

of

Gen

80

72%

65

*110%

1991

4s

trust 4s

C

Southern

&

••

5

♦102%

1977

(stamped modified)
Fuel

63%

97

■

1st mtge 4%s series

4'/2s

21

.

1993

1st mtge 5 V2s series A-.
1st mtge 5s series B_j

Colorado

M-S

1961

;

mtge 3%s
Gen mtge 3%s
Gen mtge 2%s

104%

F-A

8eries D 3%s gtd
J
1950
Cleve Short Line 1st- gtd 4%a
.1961
Cleveland Union Terminals Co—

Colorado

Northern

General

-

Cleveland Electric Ilium 3s
1st mortgage 3s
Cleveland & Pittsburgh RR—

.•

70%

6

69%

1961

B

Jf-fl

1971

General 5s series C

%

102%

3-3

r

'.j

*82%

Jf-N

102"

103

M-S
A-O

i960

104%

J-J

1953

H

■

62%

I

U-N

Certificates

General

100

12

1974

impt 4%s series E

Louis

„

97

J-J

.1956

104

102% 103%
105% 105%

1978

Louis Ry—

St

5s

•

62%.

A-O

2000

3%s__

mtge

J-J

Z M-S

;

68 Va

1969

gold 4s

1st

106 %

1974

"

1993

&

General

General

Div

101 Ye

*103

1990

C?

ser

ser

*103

..

__

•>

1964

Jan 2015

1st & ref 5s series A

Great

•

debs

mtge 2s

Gen

1975

mtge 2%s-ser G
City Ice & Fuel 2%s debs

Investing Co 4s

—

100 7/a

100

V

*99%. 101%

*105% 105%

3%s series E

3%s

105%

A-O

1

112%
150%

105

A-O
.

147%

*105% 106

General Realty & Utilities Corp—
A4s conv inc debs
,.1969
Goodrich (B F) Co 1st mtge 2%s_1965

91%

102 Va

"*••

3-D

*103%

1st

mtge

110%

*149

Jf-fl

1965"
*

/

*110%

J-J

v.

^1970,

Francisco Sugar coll trust 6s

99%

J-J

mortgage 2%s
Cincinnati Union Terminal—

City

A

107%

J.J

1st

mtge gtd

86 Va

88%

1952
1962

E
U-N

54

104%

1963

D

103%

59%

16

J. J

Cine Gas & Elec 1st
mtge 2%s

1st

38%

46%

<•■.

,211

J -J

4s

conv

100

65

V

99%

99Va

1994

Wgst'n Indiana

1st &

48%

142

■//■'v— r

_1963

1st mtge 3 %s series F
1st mtge 2%s ser G

49%

102% 103 %

103%'

—

;

Firestone Tire & Rub 3s debs
^Florida East Coast 1st 4%s_

103%

104% 104%

99%

J-D

1994 '

.

%

87

.

; :/-D

's S'eastern Ry—,

2%-4 Vis

60

/*--

Tr-/'.-"'

Apr

;

96

9

49%

:6C

/

Chicago Union Station—

Chic &

■

—

99% 100

'

ref

40

60%

j.j

1981

Income

/V■40
*87

j. j

1951

Memphis Div 1st gold 4s
Chic Terre Haute

Ohio

65%

40

Apr

1951

Gold 3 % s

.

77%

52

14

Apr

A__Jan 2019

ser

100%

46

87

69%

Apr

1994

89%

97%

48%

123%

113

■

69%

J-J

Jan 11999

mtge 4s series A
mtge

L**

82 %

J-J

1st mtge 3s ser B
1989
Chicago Rock Island & Pacific Ry—
Gen

cons

cons

75

66

*123% 125%

„

J-J

Jan 1 2044

mtge conv inc 4,/2s

1st

C9

F-A

.

105%

87%

6

100% 100%
*47

■

High

96%

5

88

Low

3

•

Chicago & North Western Ry—
2nd

46%

■

*66

'

1965
Co—

mtge lnq 4%s ser A
1st cons mtge 3'Vis ser E
1st cons mtge 3%s ser F

A

A__Jan 1 2019

ser

32 %

43

J- J

"

1994

41/2s inc

mtge

33%

RR—

mtge 4s ser A

Gen

33

J-J

mtge 4%s inc ser A.
Jan 2003
Chicago Indiana & Southern 4a
1956
&

33%

■

•

Gen

101%
100

J-J

A 2d

Paul

98%
94%

5s_

AGen inc mtge 4%s
Jan 1 2038
Chicago Ind & Louisville Ry—

Chic Milw St

9

8

:

stamped

1st

conv

mtge 4s inc

31

99%

5s

Erie Railroad

1st

Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series

A 1st

99%

.

RR—

111

ser

109% 109%
101
101%

997/a

.1

Elgin Joliet & Eastern Ry ?%s
El Paso & Southwestern 1st 5s'.

112%

108%

10

.

..;

■

i

113%

109%

,

125

100%

/-J

Jan. 1

No.

102%

88

J-J

"

East Tenn Va & Ga Div 1st 5s„-^195fl,
Ed El 111 (NY) 1st cons gold 5s_...1995

107 Va

Chicago Burlington & Quincy RR—
General 4s
1st & ref 4%s

it

.

130%

104%

125

102

Range Since

Sold

•"

1197T

:

Bonds

High

'

103 %

Div

' "M-S

Duijueshe Light* Co 2%sJ—

103 Va

1996

102

Jf-N

102%

1996

4%s

J961

■

102

Ref & Impt M 3%s series D
Ref & impt M 3'/as series S
Ref & imp M 3%s series H

& A

& Tunnel

Det Tol & Ironton RR 2%s ser B..1976
Dow Chemical 2.35s debs__a
1961
*§ADul So Shore & Atl gold 5s
.1937

40%

102 Va

—

Range
Thursday's

Bid & Asked

Illinois Terminal Ry

93%
*100

101%
95 %
88%

91

100%

98%

101

100%

>

Ref & Imp 2 Vis ser C
1986
^International Great Northern RR—
•*:
A 1st 6s series A
i
.1952
....

J-D

*90

93

*

"/ " 12
•'

}{:

'yy

"

41 >•.

>••/■ 8
--.'

;
■

25%

30%

29

35

A 1st

30

35

5s

series

J-J
"

A Adjustment 6s

series

78%

79%

56

59

26%

28%

68

20%

28%

72%
73

74

13

53%

741/4

74

15

53%

34

60 %

A-O

26%

1956

J-J

72%

___1956

J-J

73

A-O

61%

61%

61%

U-M

97./

97

97

69%

68%

69%

A___July 1952

B

A 1st

gold 5s series C____
lAInternat Hydro-Elec deb 6s
Int Rys Cent Amer

1st 5s

...1944

B

1972

79%

78%

2

74

71
100

97

D
Dayton Pr & Lt 1st mtge 2%«
1st mortgage 3s
1st mtge

Dayton

1978

A-O

•102% 103

1978

J-J

*105%

1978

J-D

*105%

1965

J-D

*101

1965

A-O

1963

Af-N

—..1973

Jf-N

Union

Ry 3%s
Deere & Co 2%s debs

B

ser

Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
N

Y

Lack

1st
A

&

ref

Income

Morris
Coll

&

Western
M

5s

Essex

Tr

ser

C

1993

4-6s

Delaware

Power

98%
104

95 %

Af-N

May 12042
&

Light 3s

1973

Jf-N

1

A-O

1st

mtge

&

coll

tr

3%s_

1977

102

15

101%

90%

&

coll

tr

27/8s

1979

Rio

Grande

mtge ser A

95%

59

79%

79%

7

73%. 87%

53

52 %

53

3

48

62

62

6

105% 106

11

62

106

contingent int
A Income
mtge ser A

.1993

1%
&

ref

Gen

&

ref

conv

Detroit <&
A

Second

69%

3%s series G

3s

series

23/4S

H

series

2018

3-3

94

93

*

page

29.

mortgage 2%s
Kansas City Southern Ry
1st

Apr

J-J

65%

84%

M-S
J-D

1978

64%

96%

1st 3S..1950

94

6

77

102%

A-O

65

65%

43

67

84%

85%

16

'106% 106%

77%

4

10

A-O

♦103

3-3

*114%

unguaranteed

103%

ft 101%

1031/4

105%

99%. 104%

99% 102%

i.

1961

3-3

*25

38

.1961

J-J

♦98

114%

J-J

'

100%

98

108

108

—'

*97

'

115
35

35

100

1961

....

1961

J-J

1997

A-O

*

180

% 182%

—1964

A-O

•104

104%

101%

105

1%

%

2

j.

Kings County El L & P 6s
Koppers Co 1st mtge 3s—1
JAKreuger & Toll 5s ctfa

1987

96
103

104%

100

,

103% 103 %

J-D

Kentucky Central gold 4s_._.
Kentucky & Indiana Term 4 Vis
Stamped

58

—.

104% 104%

A-O

.1974

104%

Plain

*10035

1975

.......

Kansas City Terminal Ry 2%s

94

10

100%
102%

1968

mtge 4s ser. A

106

87

79%

—

J-D

1st mtge 3%s series B

4%s
-

1958

Jf-fl

Laclede Gas Light 4%s conr debs—1903

Jf-fl

1%

.

181 Ve

173

85%

105%

110

104%

107

106%

106% 106%

101% 101%

8

98%

101%

111%

111 % 111%

65

105%

111%
73%

M-S

1958

4s.




_1966

1st

104

*104% 105

1982

Mack 1st lien gold 4s

For footnotes see

—1993
1970

I

debentures

gold

102% 102%

20

'101% 102 V*

K

106

—

(3%
fixed
contingent int)

Gen

♦79%

3-D

1st gtd gold 4S...1990
Power & Light 2%s__1976

106

mtge

Detroit Edison

3s

•

.

Salt Lake

Income

52%

(4%#

contingent int)
&

A-O

Kansas City

103

fixed

l"/o

Denver

68%

West RR—

(3%

J-D
ir-a

96%

95%

,

J-J

1st

Jamestown Frankl & Clear 1st 4s__1959

Jersey Central Pow & Lt 27/aS.._1970

103%

J-D

mtge

Denver &

104%

102

103% 103%

division

1st

"

102%

102% 105%

..

div

r»tge due

&

.

Kanawha & Mich

3s series A

J-D

19ys

J-D

*68

1995

7-D

*60

72

10

65

64%

71

Lakefront Dock &
1st

mtge

s f

RR Terminal—

3%s

ser

A—

11950

J-D

118

118

121%

69

107 %

126%

27

28

(1936)

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

Monday, November 14, 1949

NEW YORK BOND RECORD
RANGE FOR

Thursday
BONDS

Interest

Last

Period

New York Stock Exchange

Sale Price

or

Thursday's

Lautaro
A

Nitrate

1W7
1997

J-D

Series A 4s fixed Ir.t
Series B 4 Vis fixed int

E

4s

87%
79%

'79

Low

."

DM

cont

93 y«

81

74%
88

94

93%

10

91%

97

101%

98

93

64%

64%

65%

56%

70%

W

71%

72

60

72%

tN

50%

50%

50

52%

Y

54%

26

54

58%

1

56

60

27%

27%

99

27

29%

A-O

30%

30%

30%

55

30

..

34

34%

4

32

35

72%

72%

1

61

*122

A-O

106%

•-IU2V4

J-D

A-O

M-a

1979

Norfolk

iUJ

A-O

2008

A-O

2001

ivo

74

A-O

26%

106%

108%

1

102%

105 %

4

103%

Gen

50%

8

108%

ms

3008

&

&

Prior

1st 6c ref M 2%a series Q
1st

A ref M 3%a ser H
Louis Dlv 2d gold 3s
Atl Knox 6c Cine Dlv 4s

81

81

'

81

5

99%

99%

18

97%

89%

89%

5

84

*109

107%

—

Coll

•

v
V

Macy (R H) 6c Co 2%a debs
Matae Central RR 4%a

1971

A

ser

1900

I-D

con 4s ser B
1994
Sugar 4s sink fund__Feb 11997

J-0

wl,t "***• A
Manati
Manila Ml

(Southern Lines) 4*
May Dept Stores 2%a debs
Corp 1st mtge 3s

u-m

w

Metropolitan Edison 1st mtge 2%*_lf74
Michigan Bell Telephone Co—
3%« debentures

Michigan Central—
Jack Lan* 6c
1st gold 3 Mis

Ref 6c lmpt

Michigan
1st

Sag 3Via

1979

1st mtge 4Vis lnc

40-year
„

Jan 1971
Jan 1991

1983

ref 5s series

(John)

Constr M

105%
'

102%

series

fiO

101%

83

■">:

2

79

41'

*>'•

7

68%

68

69

T"'.

64

"

66%

53%

*

•-

f

77

77

10

70

!

64%

65%

65%

66

;

6

59

A-O

68%

68%

19

59

80%

61

3

69%

91%

91%

93%

124

75%

56%

426

37%

93%

343

75%

u-m

92%

*92%

93%

199

jm-M

'<>•27%

27%

28%

579

A-O

93

92%

1991

*

92

-

i ^

234

50%

A-O

101

54%

26

3s

debentures

58%

77%

14

74%

13

65

5

91

98%

70

'

81%

National
1

Supply 2%s

Naugatuck
New
3s

1st

England Tel

let

3s

RR

&

-1967

J-D

4s

Tel

Co—

-.

1961'
..

<<

"

idm

I

~

1974

1988

xreW ^ersey Power & Light
New

Orleans Great Nor

New

Orleans

Ref &

New

&

5s

yeuca

Term

1st

A-j

gtd

A

1st 5s series C

"ACertificates

*

A

as

A

&

of

—-1956

deposit

series

ref

___

1954

__

_

—_1998

Lake

Shore

3 Vis

3%s
1

coll

N Y

1st

.

Mtge 4s
Lack

4Vis

series
6c

series

B

West 4s
B

For footnotes

A

-

see

.

>

{

"*-*'

--a

95

1

88%

.v

96%

94

"3

85%

—4

'

98%

.

-L'

'"V-

'

'

.

'

99 Vi

ic

92

95

53%

92

50

182

52

59%

as

74%

75%

25

-68%

52
.

52
*-

1

51

51,

page 29




64%

....

52%

4

51'A

1998

F-A

*50

J-D

*99

99%

A-O

bIIi975

A-O

:_195l

*94%

91%

1073

'100

as

*92%
92%

70%

92%
70%
*—

!

1

92%

15

10%

,s

«.»

105% 105%

104%

16%
105%

100%

5,

104% 104%

:

1979

I-D

105%

1977

I-D

P__

_1981

J-D

N

I

1980

9

1983

'

105%

103%

*./

MS

**

..

1964

J-D

.1955

IS

s

f gold

4%s

income

conv

series E

*

.

Eastern

WSLii

1965

I-D
IS

1981

6c

58

Pekin Union Ry

.1963

IS

D

.

.

1971

2%s

..1967

MS

ic

ref

2%s

*1974

1st

ic

ref

2%s

series

IS

100

Potomac

5s

gen

4%s

series

1964
1970

C

*.1965

Co

5%s

Elec

Pwr

inc

debs

1st

mtge

F-A

.

MS

87

96

...

111%

105

;

103%

i

«

106%

:

99%

.

I

103%

f

103'A

99

104%

102%

101%

9

7%
7»A

9

-103 Vi 103%

103%

100%

103.,,,

>98
98%

10

,

104

97.

100

n

.

.-!•

105

107%

r

103Vi

105%

,

103%

103%

;

108%

113%

i

109%

__

114%

}

MS

111

*

97%

'.100

100

A-O

101

I-D

*86%

F-A

87

•108%

101

2

■;

101%

97%

103

92%
92

80%

92

107%

109

J-D

1964

3V4S.1.1966

IS

*99% 101

IS

*106% V_.

3s

*1983

IS

2%s

.1984

MS

100%

107%

M-N

1956

99%
106

106%
♦105

•98

106,
99%

r

103

81

1

1
i
«; i

89

100%

81%

87 Vi

..

108

99%
15

__

87/

107

96%
75

J-D

1977

*86%
87

96%
.

100

>102% 102%

A-O

8

28

76

1958

A-O

98%"
98 %

*74

IS

mortgage

4a

;

10%»

101%

11

:'

104%

-

•103%

F-A

Terminal

;

116%
110

104%

99%

103

111

A-O

.1977

Providence

i

17%

103%

II

119
62

10

♦102% 108
—r

I-D

A-O

mortgage 3 Vis

1st mortgage
„

!

102

50

*99% 100

MS

1st

,

103%

I-D

1st

72%

101%

106%

9

IS

__1974
;

:•

: 1106%

*103

1958

.u

series D

;

~i

*109%

1st mtge 4%s series B
1958
1st mtge 4 Vis series C__;__
.^.1960
Pitts Youngstown & Ashtabula
Ry—
1st gen 5s series B
1962
gen

60

.

*103% 103%
.103

F-A

*.1975

A.

'

101%

84%

i

105%

1*1963

__*_*

;

110

75

*104

A

debentures

106'/*

98%

10

111% 111%
105

93%
»6Va

85%

■

36

:

•

r

'!

•107%

105%

116

:>

i
•

__

<100% 100%

F-A

B_________*1975

1st

16

*1960

3%s

4Vis

63%

104%
104%

113

3

,v.

>

1953
1957

E

<•

...

,114% 117%;

*8%

*

series

99%

23

>

103%

100%

/'•'},

2

*102% 103%

5s. series
series

-

104%

13

;

>*■■/...

101%
103

-i

•104

5s

mtge

86%
77

•55%

deposit

I

v

100J/a

iS

mtge

1st

85%100
•75

117%

86%

F-A

mtge
mtge

Pittston

81

.

-i66%

85 V«

I-D

Gen

3 Vis

: <

1937

4s

series G

;4

64

i;

78

52

88

86

1981

of

:

.

;c i

.

.

1978

f

*

100% l0L«/«.

95

100%

MS

s

104%

{.»V

.

2%s

101%

62%

IS

ref

1st

101

V

113% 113% ■ >>94% 95V,;'-

IS

ref

99%

71

i

F-A

1961

&

1st

100

•.

■MS;:

1974

'

100

r

*103%

*1977

■

1

{!.

*

103

16

ic

95

70%

.1980"

...

49

77;.I

103

F-A

1974

>

.

100 %

76

B

105%

104%

101% 101%

Ape

ic Wash RR Co-

series

105%
107

100%

__

i.j

A-O

5 Vis

ser

100%

104% 104%;

.103

?

IS

—Apr 1990

5s

92%

90%

A-O

—I960

4s

102%

103
13

**

IS

1952

^1985'

gold 4%s series C._

85%

100

A-O

1984
;

ext

4s

75%

101%

A-O

.1968

j.

104%
100 %

95%

101

*104%

A-O

1960

B

3Vis

105%

93%

«

*104% 105 Va

J-D

U965
V

mtge 4 Vis series E
deb

102%

103%

2

8

.104% 104%

76%

MS

1952

sinking fund 4%s_i
General 4%s series A

Conv

101

98%

*100

ArO

1975

series

105%
105%
.

103%

3

-.

10

"■>

trust ctfs

mtge 3s—

5s

-95

j

debentures..l960

•.■-'•••-• "■

101 Vi

/ ' *106% 107 %

i

105%
105%

101%

104% 104%

A-O

1st

17

•28

100% 100%

M-a

107

105%?

101%

■

105%

102% ]02%

**<>;..

1978

111

4

<

102% 102%

.1983

ic

•

100% 101
*105%

A-O

106

102%
102%

105% 105%
*104%

__

101

I-D

1987

1

3

...

105% 105%

J-D

1985

debs.

107

105% 105%
*105%

I-D

1986

2%s

105% ;;

I-D

_„1982

;

ser

Tel

107

105%

Pittsburgh Steel 1st mtge 4%s
Pittsburgh & West Virginia Ry—

60%

100

99%

101

debentures

90%
6

95

*

61

94%

95

91%

100% 100 Vi

2000

1973

91%

15

Coke ic Chera 1st mtge 3 %s_1964
Pittsburgh Consolidation Coal—

56%

50%

•

..

75

52

-

101

/ Pittsb

■

F-A

2043

73

49%

52%

1980

T

.

>

81%

50

52

101

Gen

66%

105

F-A

F-A

J-D

Cons gtd 4 %s series J
'•.Pgh Cine Chic .As St Louis RR—.

61%

56%',..

62%

*71 Vi

101

debentures

Gen

54

96

J-D

M

Cons gtd 4s series H
Cons gtd 4Vis series

99%

•61%

F-A

107

10

debentures

Cons gtd 4s

•

71

.'56%

F-A

105%

101

•13%

,105%

J-D

Pgh Cine Chic & St Louis Ry—
Cons gtd 4 series P

94%

56%

.

99%

101

Phillips Petroleum 2%s debs_*****1964
Pittsburg Bessemer ic L Erie 2%s__1996

94%

93

93

'-7 5 Vi

102%

97;

—

IS

1974

series

M 3s

ref

Tel

ACertificates

93

61 %

js

99%

'106% 107

1971

debentures

1st & ref 2%s
tS A Philippine Ry

98

89%

-

'

104

88

53%

2043
series

4
'

1986

3s series P____^

RR 2%s series
gold 4s_n
NY &c Harlem
gold 3%s
Mtge 4s series A
^
N Y

100%

~2

96%

A-O

2999

Connecting

N Y Dock

F-A

102

98%

A-O

1st

■'

105%

A-O

I_I_1998

3%s

New York Chicago & St
Louts—
Ref mtge 3'As series E
1st mtge

99

102%

MS

1st

100%

103%

1997

,

gold
registered

A-O

RR>

—

gold

coll

'

"

_

MS

1st

■r:.

105%

2013

IIIIII "1997
3%s_—_Il998

registered

Cent

98

v

75

2013

Ref 6c lmpt 4%s series
A__—

Ref 6c lmpt 5s series
C___
N Y Central &
Hudson River

Mich

5

rik.

i

General mtge 3%s
3 Vis registered

107 %

93
L

98%

23

:

MS

A

Philadelphia Co coll tr 4%s_l_
Philadelphia Electric Co—

105%

103%

95
94

95

103%

1

102

•99

-1970

General

104%

103

■>_

_

New York Central
RR Co—
Cons 4s series A

*•

F-A

Il956
—II

A-O

I

2%s series Q
M 3 Vis ser R

ref

ic

Phlla Bait

„

deposit

1st 5Vis series A-

__

96
'•

95

81

95%

101% 101%

102%

J-D

ser

General

4100

*103%

96%

7

39

Co—

series

series

Gen

118

99%

102% 102%

1954

,

90%

88

83

'

101% 104%

61%

72%

48

91

89%

64%

54

81 Vi

•89%

90%

F-A

1986

Electric

3%s

Pere Marquette Ry 3%s

V

•

ACertificates of deposit

F

'

.

101 %

56%

65%

81

101%

ArO

2%s

Peoria

1
.

MS

106%

94%
25

61%

*58%

IS

97

99

61%

.

IS

1960

RR 3s

3s

A Income

102

117

2

■'

as

J.07%

37

J-D

3s

Peoria 6c

100%

75

100

,

?

105%

103%
I'-.'

81

1975

Gen mtge 3%s series F.l..
Peoples Gas Light 6c Coke Co—
'V; 3s conv. debentures

105

101%

..

as

IS

104

1948

.

105%

103%

,75

.

of

ACertificates

102%

: 98%

*102% 104%
•107'A

deposit

,.„1»

1st 4%s series D

16

117% 1173i
♦104% 104%

F-A

1953

_

of

,

">L_

as

_s.l952

4s

JNew Orleans
Texas ic Mexico
Ry—
A 1st 5s
series B

ACertificates

99%
104

3s—.1974

A„__._1981
Northeastern RB^

imp 4i/2S

Orleans

ArO
M-m

112%

105

__

131%

J-D

ref

General

-

/v

89%

103%

101% 101%

*

■

New Jersey Bell
Telephone 3%s_I__l»|a
N J Junction
RR gtd 1st 4s
*

3

—

104% 104%
*100% 101 Va

1964

gtd 4%s series B

debentures
debentures

102 %

102

*105%

83

*105% 106

104%

128
111

1975

Cons

<

,

2

J-D
A-O

15

__

104
•

61%

1979

3s s f debentures
Pennsylvania RR—

100% 105%

86%

A-O

debs

gold

86%

1979

1988

85

72

5

1974

/ •

-V

%s~debsll974

mtge 3s

104

Q-W
Q'A

1978

ref

1st

75%

98%

/

2%s~debsll970

Nat'l Distillers
Products 3
National Steel
Corp 1st

109%

83

129% 130%

QS

Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power ic Light Co— ,

102%

50%

'104% 105%

F-A

106

106 %

*104%

3s

ref

Gtd 4s

N
1989

101%

*111

OS

3Vis

Pennsylvania Co—

104%

6c St Louis—
„

130%

A-O

4s

General 4Vis series D_

Chattanooga

A-O

.1979

&

A3%s

.

mtge 3s series B
National Dairy
Products

7

83

MS

1977

Pacific Western Oil 3 Vis debs

.

1st

107"%

A-O

1979

&

Paducah

;

Nashville

101%

103 %

IS

Pennsylvania-Central Airlines—

62%

102%

77-

WJM

97%

2

105% 106

3 Vis

or

73 ;=•.

98%

75

62

20

107

♦IO6V2 108%

3 Vis

93%

98%

•A 74%

IS

3%s

28%

75'/a

58%

53%

.

M-M
m-m

107

'

>

'101%

1099

73%

101% 101%

1974

1st mtge 3s
2%s

ref

1st ic

93%

20%
75%

172

93

*56

iti«

debenture!

93%

75%
'>

*103%

Z19X

series B

*61%

Telephone—

&

2%s

93»A

1949

Mountain States Tel A
Tel 2%s

22

101%

1978

1st

Pacific

56%

91%

;

*

93%

53%

i 53%

35

12%

107

1975

1st mtge 2%s

Gas

&

-1st

70%

68%

1958

46%

28

13

Co—

3s

guaranteed

1st &

85%

IS

F-A

Jf-1

2047

*

•

1991

33

25

IS

2047

2%s

1st

74%

63%

I960

39

13

F-A

2047

A

1st ic ref 3s series J
1st & ref 3s series K
1st ic ref 3s series L

87

92

B

107%

♦20

13

2047

1

debentures

Pacific

'

103%

53%

gtd 4s

98%

104%

*37

F-A

1975
Power

mortgage

1st

I-

—

49

92%

IS
F-A

2047

Oregon-Washington

105 y4

AOU,

48

•

96

**

105%

105%

105

48

<

63 Va

109%

'

'

IS

"

5

50

100

98

83

F-A

105

1997

mtge

mortgage

1st

81

66

"

63%

ir?t

ic Co 3s debs

4 Vis

2

i960

I

1st

1st

mtge

1st

>

IS

(Slf.tr 5*itX 1#? gt? 3%i-H:aooo
X°nstr m 5s series A
3 Vif

76

53

*103%

.

*98%

IS

1997

Oklahoma Gas 6c Electric 2%s

102 Vi

IS

imi

Monongahela Ry 3%s series

Morrell

V / »*>%

__

105%

*50

-5

IS

53%

1974

Jan

4%s

mtge

Si A 1st

1st

100

1977

series O

Mohawk 6c Malone

75%

A-O

77

5

1974

5s

4 Vis

Ohio Edison

107%

197®
F

SAConv gold 5Vis ser A
A ref gold 6s
series H
1st 6c

*101% 102

75%

103%
100

1979

5s series A

1st 6c ref 5s series
1st

5s

10

—

1967

General 4s

A

*99%

IS/

53%

A-O

uyv

102%

tOgdensburg 6c Lake Champlain Ry—

,

103%

'

.1968

98%

Ry 1st gold 4s_1998

1st

B

a

ref

m-a

J-D

A

a

100%

RR—

AlZjan

&

107% 107%

ote

Pacific RR Ca¬

piat 6c ref

A

—100%

*105

A

41

61

103

97

*105% 106%

5s series

series

61

"

A-O

102%

2014

3s

States

1st

3 Vis

;

is

102

MS

" 91%

85

*103%

—

AW

2%

95

100%

m-m

Prior lien 4Vis series D
ACum adjust 5s
series

{Missouri

A
•

6%

13

1968

71%

•102%

J-D

j-J

ser

102%

•

*

1957

48 lDC 8er A

4s

-

3

__

*108% 109%
♦99%

Mi**ouri-Kansas-Texas
lien

87

54%

100%

m-m

Mo Kansas & Texas 1st

Prior

86

M-m

St Paul A •aaun

9*n mt*«

86

1909

ti A Midland of N J 1st ext
5s__I_Il940
Minnesota Mining &
Mfg 2%a
1967

.»

65

v

1st mtge 3 Via. IMP

2T/aS

1st mtge 3%a
3'/as s f debentures

Mmn

'-•

1

*50%

log

4Vis series C

Cons Qas

mtge

iffi

.1

1

87%

*100

iff

.

66%

87%

1971

ltM

100%

66%
•i

86

1998

Mead

-

*101%

90

Railway—

1st mtge 3s
Northwestern Bell

-:

m-w

8%
3%

Co.—

mtge 2%s

'(Wise)

'

101%

8%
3

101% 101%

1981

Ry

impt 5s series C
impt 5s series D

trust

1st
*-

103%

15

8%

1943

;

lmpt

(Minn)
/

48%

3%

1982

4s

lien

Northern

109 %

33%

M-m

1978

D

5s conv inc

'

M

5s

ser

registered
&

Ref &

.

93%

101%

69%

310

1

56

J-D

1937

registered

Ref &

100%

89%'

High

123

MS

1940

gold

2%s

Pacific

lien

4s

95

76 %

i
——

,

1999
l'"

.

87%

"

1090

,

93

5s

Western

General

Ref

*92%

41%

1963

Central gen & ref
ref 4Vis series A

Northern

3s

Bt

mtge

Northern

106% 106%
104% 104%

,,

A Gen

123%

103'/a 103 Va

106%

40%

1937

Southern

108'A

*53

F-A

40%

1977

5s

1st

Telephone

106%

1

62%

1993

Niagara Falls Power 3%s

74%

61

1954

4Vis

gold

120

106% 106%

MS

1969

refunding

Norfolk

A-O

Low

1992

June

Ref mtge 3 Vis ser E
Ref mtge 3s series F

32%

61

May

A-2022

ser

1st cons gtd 4s

gold

Y

Jan. 1

No.

Susquehanna & Western RR—

SATerminal
N

Range Since

Sold

High

1955

§ AGeneral

56

58%

27%

Bonds

Thursday's

Bid 6c Asked

Chester—

N Y State Elec & Gas 2%s
Y Steam Corp 1st 3%s

SA2d

54'A

or

IS

Power & Light 1st mtge 2%s_1975

S A 1st

May

6c Ilec 3 Via
1st 6c ref mtge 3s
Louisville 6c Nashville RR—
1st & ref M 3%a series F

Port

N

71%

2003

Louisville Gas

2007

lnc 4%s

6c

Y & Putnam

96%

72

50%

1961

A

ser

4s

N

78

77

54%

1991

General

Y

84

27

Sale Price

Hartford RR—

conv

River

N

F-A

M-N

Lorlllard (P) Co deb 6s
3s debentures

mtge

101%

M-N

1991

&

1st mortgage 4s
{AN Y Ont & West ref 4s

Af-N

Little Miami gen 4s series A.
A Lombard
Electric 7s serle*

Haven

Harlem

76

May

Liggett 6c Myers Tobacco 5s

New

1st 6c ref mtge 4s

,

76 Va

2003

int

Y

F-A

Lehigh Valley Terminal Ry ext Ss.1951
Lexington 6c Eastern Ry 1st 6*
1969

.

10

♦80%

May

'.

93%

♦100

F-A

—..2003

int

N

A

2003

Scries P 5s cont

90%

93%

M

Last

Period

Low

96%

93%

A-O

Week's Range

Interest

Exchange

High

2003

bont int

4%s

Vi

No.

New York Stock

2003

Series C 5s fixed int
D

High

BONDS

Jan. I

AGen

1971

reg

11

Range Since

Sold

Ltd—

Co

1st mtge Income

Series

*85

IS

Lehigh Coal 6c Navigation Co—
S F mtge 3 Mi* *er A
1979
Lehigh Valley Coal Co¬
bs stamped
1999
6* stamped
1964
5s stamped
1974
Lehigh Val Harbor Term gtd 5*—1964
Lehigh Valley Ry Co NY 4 Mi* ext_19M
Lehigh Valley RR—
Gen consol
mtge bonds—

Series

'

—

NOVEMBER

Thursday

Bonds

Bid &. Asked

Low

Lake Sb 6c Mich Sou gold 3%t
3 Via
registered

WEEK ENDED

Week's Range

108 %

102

104%

98

99%

.-1

Volume

CHRONICLE

& FINANCIAL

COMMERCIAL

THE

Number 4855

170

(1937)

29

NEW YORK BOND RECORD
RANGE

Thursday
BONDS

Interest

New York Stock Exchange

Period

Last

or

Sale Price

Bonds

Bid & Asked

Low

101%

105%

1071/*

l09y4

146%

151

10

215

223

2

.104

106%

103%

100%

*108% 109%

1st &

ref

2037

J-J

1st &

ref mtge 8s

2037

J-D

lot

ref

mtge 5s
■_

151

223

..

as

1»<X

Jf-N

1979

-

Oats 2%» deb

1964

102%

•

106% 106%

J-D

J-J

mtge

ref mtge

223

~r

*104'%

Range Since

Sold

Higli

1.

Jan.

NO.

Low

High.

__

Pacific—

Pacific-Missouri

Term

RR

New Orleans

of

A

J-D

3%s—1974

Adj income 5s

100%

103

J-J

49%

49%

50 Va

02

41

A-O

1960
Jan I960

fThird Ave Ry 1st ref 4s

21%

21

223a

45

16%

J-D

*__

Jf-S

J%s„1960
Tri-Continental Corp 2%s debs
1961

Tol ft Ohio Cent ref & lmpt

"

2%s

at

1st &

—

150 »/2 151

Bonds

Bid & Asked

104-ya

No.

♦104% 104%

J-J

Thursday's'

or

High

10

M-N

Sale Price

Low

Texas
1963
1HHR

Last

Period

Exchange

New York Stock

1

Jan.

Sold

High

ref mtge 3%«

1st ft

Week's Range

Interest

BONDS

Range Since

Elec ft Ga© Co—

Service

debentures

3s

11

NOVEMBER

Thursday

Range
Thursday s

Low

Public

FOR WEEK ENDED

Week's

*99

94

71%
45%

94

88%

100%

102

100%

U
Quaker

>101% 102%

3s

Reading Co 1st ft ref 3%© «er D..1995

A-O

Gen

Tobacco 3e debs__1973

(R J)

Rochester

Gas

Elec

ft

93

2

1967

mtge

series

I

1967

u-s

run

mtge 3Vis series

J

1969

US

ISARutl&nd

as

4%i

RR

1949

1971

M-S

1996
1996

J-J

9

debentures

S

2%s

7%

97%

St Lawr
2d

Adlr

ft

1st gold 6s

gold 6s

St L Rocky Mt ft P 5s stamped
St Louis-San Francisco Ry Co—

103%

1st

bond

4s

2d

Ry—
certificates.

inc

4s

bond

67
71%

*99%

,

—

ctfa

88

88%

79

83

89%

May

56%

56%

56%

76

46%

61%

1989

114% 114%

M-ff

Nov 1989

J-J

1990

J-J

Gen ft ref gold 5s series A

2

4

101

97

*95

85%

104%

104

J-D
A-O

*103%

Scioto

1989

M-N

*126

1996

J-J

101%

Jan 2016

J-J

66%

Seaboard

4s series A

mtge 4%i series A

Seagram

(Jos E)
debentures

3s

Shell

Union

Oil

ft Sons 2%s

.1966

ft

Nor

Southern
3s

Ala

RR gtd

1941

J-J

.1976

J-D

1963

A-O

102%

.58%' 69%

98%

2%s

debentures

.1987

J-J

_I~ .1994

J-J

Southern

Indiana

Southern

Pacific

4%s

Ry 2%©_

106%

97

70

77'/a

89

99 %

45

Jf-N

91%

91%

91%

39

747/a

88 W

88

69

71

75

♦100%

100

1986

J-J

87%

87%

2

84

series F

1996

J-J

82

82%

6,

77

84%

.1961

J-J

•94

94%

.1994

J-J

1st

Ry

gold 5s

cons

gen

4s series A

-1956

Di"el

ft

gen

6s

series A

Devel

ft

gen

6%s series

116%

79%

102%

5

103% 104%

9

A-O

102 %

102

-1956

A-O

103%

J-J

Southwestern Bell Tel 2%s debs. ..1985
3'/is debentures
l_
-1983

Jf-N

ASpokane Internet lit gold 4%s. .2013

Apr

Standard

Oil of Calif 2%s

Standard

Oil

(N J)

debs

.1966

95%

106%
27

104

36

*104% 104%

102%

-1971

14

93%

101%

103

.1966

J-J

*98

Bwift

-1972-

J-J

*100

100%

97%

-1073

M-ir

*103% 104%

101%

debs

debentures

,

ft

Imp M 4s series <?_.
Imp 2%s aeries D

ft

1st

r

98%

.,97

A-O

U-N

B

1970

A-O

C

1990

Wisconsin

gold 5s

2000

J-D

1985

j-J

Orleans RR—

ref M 3%f series
M 3%s aeries

ref

Pacific

&

J-D

105%

*

106 %

46%

1st

106%

~4

45

101%

a

103%
105%

103%

106%

not

98
94%

94%

99

88%

97%

*97%

Gen ft ref M 3%» series E_

•126% 127
101%

118%
10

101% 102

97%

109%

Jf-S
A-O
May

53%

54%

15

49 %

100 »A 101%

148

97%
99%

101%

:i

22

95 %

-

34

86

102
101%

4

/" ""

*106% 107%

"

'

101%
—

V.

*101% 102

63%
62

100 A 100 ft

1950
1951
1960

M-N
M-S
J-J

100 ^

M-S

101%

101%, 101 %

J-J

105%

105% 106

J-D
U-S

j 99%

99% 100

98%

98%

99

84%

84'A

84%

■

•

101%

46

64%

86%

5

98 %

101%

Corp—
!

1973

1970
1967

J-J

*101

—

;

96%

102'A

100

96%

25

>

100

1958

A-O

*10234 103

102 %

104

1960

J-J

*114%

112%

115%

I

—

of

74%

71%

47

75%

44

75

J-J

1949

deposit

of

44

78

74%

71%

J-J

36

2%s

1979
3%s

99%

* J-D

1976

...

'

MM

i

tH.,'

'

'

r

t

;

.

'

2

v

46%

95%

5

■;

__

106% 106%

106%

J-J

1971

99%

99,%
*104

Jf-S

49%

35%

Jf-N

1936

deposit..,

Power

Service

Public

"106

100

188

;

Ry—

4s__.

delivery

in the

Included

sale not

year's range

n

Impaired

*98'A

J-J

.1976

100

101%

101%

104%

107%

J

Ex-coupon.

y

ABonds

not
©al©

reorganised wider Section tf eft

companies

week.

prices; no sales being transacted during current

♦Thursday's bid and asked

102%

97%

94

maturity.

by

Act. or securities assumed bv such

127

—

^.

.

tCompanies reported as being in bankruptcy, receivership, or
the Bankruptcy

99

Included In tlx© year*© range,
d Ex-interest. © Odd-lot ©al©
Under-the-rule sale not Included in th© j«*"" rang©, r Oa»h

the year s range,

In

{Negotiability

r-

94%

105

54%

Elec Lt ft Power 2%s.

included

106%

106

107%

105

106%

6

105% 105%
*105'/a 106

106%

52%

2%s

Deferred

119%

.;

101

22

•

'T

99%

;

55

99

104%

104%

__

107

'

49

*103% 104
*

92

)

104%

'■

.

99%

102

85

18

87

■}

*106

101

115%

A-O

ft

Texas

I

98%

56 V2

Central

mortgage

*102% 103%

*119%

j-j

1965

Texas

New

87

94%

A-i.

'

•

76%

64%

8

55%

,'

1985

Corp 3s deb—

1st ft

'

2019

Texas

1st ft

■

19'71

Eleotric

Wisconsin

Yonkers
Terminal RR Assn of Bt Louis—
Ref

*101

■

■

83

69

1

26
•r

55%

Electric

A Certificates

98

40

Sunray Oil Corp 2%s debs

Ref

97Va

f

M-S

f A8u ft Du div ft term 1st 4s

104%

97%

97

102%

J-J

27/«s

68%

97

2361

Telegraph Coreal estate 4'/2s
gold 5s

A Certificates

52

102% 102 %

97%

F-A

-1974

Co 2%s

69%

67%

,

97

46%

2361

fAlst general

107'A

.

69%
€8%
v

'

deb 2%s_

debentures
ft

..

guaranteed

is

^Wisconsin

102%

96

103%

?;'!

39

39

Jf-N

108

101%

*106%
39

110

104

101% 101%

101%

A-O

102%

106%

103%

J-J

2.65s conv debentures

107

99%

*101% 102%

'

Af-N

Wheeling Steel 3'As series C___
1st mtge 3%s series D
Wilson & Co 1st mortgage 3s
Winston-Salem S B 1st 4s
]

""

ft

J-J

..1951

*105%

F-A
F-A
J-D

Wheeling ft Lake Erie RR 2%s A.1992

98 ; <

''

-1996

98

96

1966

debentures

2%s

95%

109%

36

-1956

Memphis Div 1st gold 5a
St Louis Div 1st gold 4s

2%s

92%

"7

86%

86%

86%

79

25

1979

4s

1st

25-year
30-year 5s
Weatinghouse

111% 112%

111%

A-O

2

100%

Union

Funding

90

ft

104

84 Va

100

series I

3s

Shore

Western

Pacific

1st mtge 2'As series G

117

102

MM

84

;A-0

1st mtge 4s
1952
Western Pacific 4%s inc A
Jan 2014

101

series E

J-D

84

100%

1967

'

3%s
gtd

mtge

Registered

92%

Devel

■

West

1017/a

1st mtge 2%s

<

Gen

-

1st ref gtd

RR

West Ponn Power 3%s

95%

Jf-N

1st mtge 2%s

Southern

Baking Co—
debs
(subordinated)

5%s

Warren

101'/a
103%

Jf-B

1st mtg 3%s ser A -1975
RR Co—

99'%

106

107%

j

5

102

Jf-N

123'A

.1969

San Fr Term

Southern

•

Walworth Co conv

;

1971
2%s debs.1966
debentures 3%s_1976

1970
gold 3%s__2000
Washington Terminal 2%s ser A
1970
Westchester Ltg 5s stpd gtd
1950

.1977

99%

102'A

102%

■

115% 115 Va

106

98'A

12

106

*105

;

T-j

Jan 1981

99%

I -1981

___

—

102

106

—

....

*104

Western Maryland

(Oregon Lines) A-

—

Apr
Apr
Apr
M-N

A

inc 4y<s series B__Jan 1991

Ward

94%

2

'

l-O

1st mtge 3'As series B
Walker (Hiram) G ft W

Gen mtge

Co—

4%s

iV2s

Jf-S

A-O

54%

100'/a

'

74

•

102%

—1973

99'A

1

,103% 103%
*71

102

102

Jf-N

102%

22

100% 101

102

107%

A-o

123

106%'

106

106%

F-A

_

91

*102

—1995

95

19

;

*123% 126

J-J

.1985

Gold

99

97%

75%

*102

Jf-S

——

25

96

31

96

14

F-A

—1958

5s

cons

Gen mtge 4s inc series

%w 98%
100% 100%

..

MM

91

91

——

Jf-N

—1957

f 4s series B

100

99

95%

2

W

94

;i

102

*95'/4 100%

A-O

RR cons g 4s series A.—1955

s

Gen: mtge
.1979

debentures

1st

100

102%

*102
99

?■:?

97

99%

93%

95
102

95%

Wabash RR Co—

Tel ft Tel Co—

Bell

debentures

2%s

Gold

__

*54%

F-A

.1963

5s__

98%

A-O

*101%
/"' 98%

;

91%

9

10

95
102

——

if-8

107%
128

16

97%

103%

95%

95

Jf-N

103

57

67'A

97%

J-D

.1971

2%s debs

'A

66

103'/a

100%

103 %

,

127

101% 101%

105%

99%

—

95

100 5/«

127%

110%
103

104'%

106%

97%

J-D

.1974

ilASilesian-Amer Corp coll tr 7e
Skelly Oil 2%s deba_
Socony-Vacuum Oil 2%©
South

1st

Air Line RR Co—

1st mtge
a Gen

gtd is

■'

102 %

A-O

1967
1959

Pictures 3%s debs

Virginian Ry 3s series B
1st lien & ref M 3 %s ser C

114%

105

*107%

ft N E 1st

101

88%

St Paul ft Duluth 1st cons gold 4s. 1968
St Paul Union Dept 3%© B
.1971
V

86

97

■
_

*102
*103

,

if-8

1966
—.1976

Virginia Electric ft Power Co—
—1975
1st ft ref mtge 2%s series E__
—1978
1st ft ref mtge 3s series F—.
—1963
3'/aS conv debentures
1979
1st ft ref M 2%s ser G
...
2003
Va ft Southwest 1st gtd 5s

76

J-J

1997
mtge 4s series A.
a 2nd mtge inc 4%» ser A__Jan 2022
Louis-Southwestern

I

67%

A-O

1st

Bt

103%

*103

100%

99%

104% 104%

— -

12%

Cons

Power 3s series A

2%s

23/8s debs

debentures

Vandalia

Baguenay

F-A

108'A

*102%

Af-N

10

8%

24

9

C

series

2%s

mtge

Rubber

Universal

106%

105%

9%

J-J

1955

stamped

__

*8'A

J-J

U

__

of

United Biscuit Co of Amer

107%

*._

*106%

J-J

1941

nampea

__

*106'A

M-S

Gen

tARut-Canadlan

119%

Ref

*120'/a

lf-S

1977

3%i

27/aS

Corp—

mtge 4%s series D
mtge 3%a series H

Gen

Union

85

3

14

110'/a 110 %

A-O

Pacific RR—

93%

106%

28

105

102%
117

92
105

92%

Jf-N

Reynolds

Calif 2%s debs.

Oil

J-D

1975
1991

debentures

Union

Jf-N

1970

& coll trust 2%s

1st mtge

R

1971
1975
1968

of Mo 3%s

Union Electric Co

selling flat.

NEW YORK CURB EXCHANGE
AND

WEEKLY
«■

.,

•'

'

4

•

.

'

«

RECORD

YEARLY
'

*

' S

'

.

.

,

|

1

s

•

.

•.

following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, Nov. 5
ending the current Thursday, Nov. 10 (Friday, Nov. 11 being Armistice Day. and a holiday on the Exchange). It is compiled from the reports of the Curb

In the
and

'.i.

Exchange itself, and is intended to include

,

..

T;.'"'--"'• I'll'''

■;

V

New York Curb

,

'

Last
Sale Price

Exchange

ACF-Brill

Motors

Aluminum

Acme
Acme

Wire

Adam

Hat

Co

Associates

Electric

Alabama

Great

Alaska
Alles

&

Allied
Allied

..

mm'-

*

6%

7%

pfd

'

100

5,000

Corp

common

common

America

Aluminum

Goods

Industries

For footnotes

common

preferred

Aluminum

Aluminum

American Bantam

Jan

Amerlcan

6

Aug

American

1%

Jan

American

32%

Car Co class A_ "III

Beverage
Book

Cities

common

.100

ft

7%

Jan

11'A

Oct

American

Jun

7%

Oct

4%%

5%

Feb

7%

Nov

Oct
Jan

92%
100

Jun

Gas

Electric—

ft

preferred

convertible

Nov

Hard

American

1.1

preferred

Rubber

Co

common

page 33.




Feb

•

49%

49%

50%

5,400

45%

Jun

100

96%

95%

96%

150

93%

Jan

•

20% July
4%

Jun

6% May

American

54

Mar

100% Aug

6 %

26%

Jan

Class

7%

Oct

American

4,200

1%

111

Jan

114% May

2% July

5,000

178

Nov

575

27%

Feb

44%

r45% r45%

325

32%

Jan

45%

Oct

9%

—

2'/a

42% 1-43%

2

143

Jun

13%

Jan

Sep

25%

Apr

July

16%

Oct

550

18%

Oct

400

4%

7,900

3

Jun

5%

Jan

11%

11%

11%

1,100

7%

Jun

11%

Oct

42'4

41

42'A

200

34

Feb

42%

Meter

29%

29%

30 %

7.900

17%

Jan

32 Va

32%

32'%

75

30

Jun

25%

25%

100

28 % Mar

24%

25 '/a

1.900

28 % Mar

28%

29%

3,300

•

Co

Natural Gas Co com
.25

preferred

American

87/a

Oct
Nov

25

Mfg Co common
Maracalbo Co

American

Jan

9%

8%

8%

9

15%

Jan

Mar

Mar

19

American Metal Products common.. ...2

6

6

74%

4'A

American

5%

July

18%

American

Apr

100

58

15 Va

American

Nov

3%

6

Jan

20

4'A

Apr

5%

Feb

6

Jan

1%

15%

6

Feb

2%

17%

7)%

Jan

1%

Jun

18%

Feb

3%

Jun

"

71%

51%

1

.25

3%

100

13%

.

II

Jun

ft Sep

•'35%

2,900

._1

800

5%

150

1,100

,{li

..20

Mach

Laundry

4%

5%

16

49%

%

—25

'4%

15%

48%

*%

1

High

Low

.100

American General Corp common—. ,10c
—l
$2 convertible preferred

$2.50

Range Since January

High

;

—:

5%

5

low

Light—
1

Jan
Jun

4%

Shares

...1

Co.

Power

for Week

48%

common

'4%

1

•

Mfg

see

Ltd

VA Oct
3% Jan

1

(Mich)

of

•

Range
of Prices

Sale Trice

Per

Sales

Week's

Last

,

High

8'/a

."■*

91

•

Co

Oct

-STOCKS—

1

Inc

Investing

cumulative

Jun

3% May
1% Mar

79

1

$3.75

19%

100
•

100

Altes Brewing Co

Aluminum

; .''

•

New York Curb Exchange

t

7%
7%

50

Altofer

Bros

1%

1,500

10%

7%
*

% May

-

...

10%

__

7%

Fisher common

Products

1% V 1%

7%

4.20%

Airlines

"

300

20'A

19%

J)

(N

Southern

Power

Internat

700

Appliance

Inc

Air-Way

Alabama

700

2%

1%

Agnew Surpass Shoe Stores..
Ainsworth
Mfg common
Air

1 Va

2%

—

Supply Mfg

Aero

Low

1

19%

,

Thursday
,

...

Range Since January 1

High

Inc

!.

.V ;'

11

Sales

Shares

1 Va

common

?bond, in which any dealings have occurred during the current year.

for Week

2%

warrant©.^

Alloys

Stores

Range

or

RANGE FOR WEEK ENDED NOVEMBER

.

of Prices

Low

Par

security, whether stock

'.*7^

'

Week's

Thursday
STOCKS—
.

every

Potash & Chem

class A_.

•

B

Republics

ZIo

28%

,

13

30 %
x33

Oct
Nov

Oct

30

COMMERCIAL

THE

(1938)

YORK

NEW

Thursday

Range

Range Since January 1

Shares

.—2

33/4

3%

3%

Amer

.100

3/4

%

it

Jan

108%

Oct

4% May
Feb
43/4 Jun

4%

Jan

6 3/s

Apr

53/4

Nov

Chief Consolidated

22,400

$6

Thread

5%

•

American Writing Paper commonAnchor Post Products

~4%

.—»

6%
-

5%

5%

200

7%

7%

300

.12%

Jun

3%

3%

500

2%

Feb

17% Feb
3% May

6%

6%

800

5

Jun

8% Jan

460

1033/4

Apr
Jun

5%

Jan

11%

Oct

113/4

Oct

Club

11

113/8

18,600

5%

Jan

10%

500

10%

Jan

20

113%

Jan

Sep

Colon

700

Jun

9%

Oct

Colonial

14 3/s

Jun

21%

Oct

Colonial

Sand ft Stone Co

24

400

21%

Jun

24% Sep

6%

Jun

10

Colt's Manufacturing Co

Sep

Electric Industries—

American

%

•

1

Atlantic Coast Line Co
Atlas Corp warrants

30%

25

3%

•

Atlantic Coast

Fisheries

%

30%

3%

1,800

%

Associated Laundries of America
Associated Tel & Tel class A

3%

1,400

43/4

1

5%

5 5/a
15%

43/4

33%
3%

Oct

July

51%

Jan

11

200

Jun

6% July

8%

Jan

8

Mar

11%

Apr

20

July

25

Feb

Liquidating Corp.
ft Smelt Ltd
Consolidated Royalty Oil

800

10

Jun

15%

Jan

Continental Car-Na-Var

14%

14%

Benson ft Hedges

15

$1

59

2,100

41

Jun

59

34

34

50

32

Aug

Blckford's Inc

400

7

Feb

9%

4%

7%

12

400

10%

300

10%

10%

36%

11%

3%

33%

Amer

38%

Jan

9

f

14%

Nov

Curtis

73/4

Jan

Curtis

Mar

13%

3%

5%
23%

19%

10

6%

63/a

17% ft

5

5%

473/4

Apr
Jun

22

15%

2,900

23

Aug

Feb

16

Aug

200

33

Jun

34%

800

19% Mar

233/4

Oct

■

8%

8%

.

11% Jan

10

-ft

--

ft

600

1%

1%

1%
233/4

200

25 '/■

"ft

11

11%

8ft

Apr
7% Sep

11%

ft

53/8

———1

6,200

10%

17%

«...

X5 %

x5%

17%
.

/

100

5%

300

•

11%

11%

11%

4%

Jan

Jun

44 %

900

Feb

6 3,4

Oct

31%

32%

125

32%

Nov

15%

15%

16%

2,000

8%

550

%

%

is

4

27% July

•

900

9

69%

68%

6 3/4

Sep

Oct

9

Jun

58%

1,300

Jan

70%

109

Jan

114 % May

50

100

14

Jan

108

Aug

9%

91%

90%

91%

18

Jun
Jun

1,650

3

200

2%

500

x30%

X30

250

20

%

4,100

13%

Nov

May

103%

Jan

3%

Jan

1%

Va May
10% Jun

13%

133/4

14%

Sep

70%

900

Jan

73/4

13%

Sep

805

Jan

14 Va

Oct

X30 %

Nov

43/4

Feb

7%

zzu

37%

37%

38

350

dep receipts (ord reg)—* 1
—
■

353%

35%

36

11,100

Jun

is Jun
7%

ft

14 Nov
12

Jun

Aug

7

Oct

Sep

3%

3%

1,900

25 3/a

Oct

3%

Sep

7

Oct

8

Jan

42

Jun

2% July
1

1%

ft

2%

2%

1,100

9%

9%

10%

2%

23/8

2%

ft:

5%

,

Feb

41 %

Jan

1 Va

Aug

7%

Jan

2%

Sep

200

5

6%

Apr

500

5%

Feb

8 3/a

Apr

800

9%

Nov

13 %

Jan

600

1%

Jun

3%

Sep

3

5%

1

Co..

33/4

•:

Jun

is Jun

28%

2,600

2%

100

1% Jan

10

Jun

~

(Md)
"A" partlc

6%

■
•

2 Be
•
II

Co common

3

7

•

55

55

173/4

17%

17%

12

•

55

12

30

2,600

43% May.

14%

\ May

65

Jan

19% Aug

Apr
Mar

106%

Oct

5 3% Mar

15%

Sep

4%

Jun

8%

Oct

10%

Jun

-16

27% July
5% Jun

34

102

—10$
•

common

Lighting Inc oommon
Mfg Co (Mo)—;

Hosiery

2.BI
1

13%

100

13%

200

13%

30%

Mills.

30%

Oct

Gasket ft Manufacturing

Detroit Oray Iron Foundry
Steel Products

Reynolds class B

ft

dep rets

Dobeckmun Co

ord reg—

common

.

13 3/a

Aug

5%

Oct

Oct

Dominion Steel ft Goal class B

12%
6%

Jun
Jun

Jan

I

110

22%

Jun

32,

Feb

G%

700

6%

Nov

8

Jan

10

132

2%

1

1%

Jun

Jan

2%

Jan

Jun

Jun

12

Jan

-

i

10% Jun
93/4

9%

9%

-1

14%

Sep

6% Jan

10%

Jan

900

3%

3%

900

2%

Jan

3%

Oct

36%

250

26%

Jan

36%

Nov

14%

800

11%

Jun

1%

"9%

200

65

-ft

>

14%

35%

14%

3%
—

II

65

'

275

9 Ye

Oct

15

22%

20% Mar

*

*

Apr

10% May

Nov

Sep

Draper

Jan

Driver Harris Co

12%

Feb

Duke

%

Jan

3%

Oct

Corp.

—•

Co

Dunlop Rubber Co Ltd—
Amer dep rets ord reg

II

Oct

Jun

32 Va

Jan

Feb

"82 %

Sep

7%

Feb

Jun

57

—II

-

65%

23
74

11%

Power

Nov

24%

9

.11

6% Apr

—

1%

Duraloy (The) Co

1

Durham Hosiery class B sommon
Duro Test Corp common

•

1

'——ft

12%
■i 4 %

Duval Texas Sulphur

•

16

14%

3

100

4%
16

2% Mar

Jan

14%

9% July

25

12%

5%

Jun

Feb

Nov

16

10% Mar

3,300

Oct

P
Cable Electric Products common
Cables ft Wireless—

American d*p rets 5%
Calamba Sugar Estate

pfd

Calgary & Edmonton Corp Ltd
California Electric Power
Camden Fire Insurance
Canada Bread Co Ltd

100

2%

1

•

6%

6%

63/4

15,300

1

7%

73/4

8%

3,800

I
—•

Canada Cement Co Ltd common
6% % preference

4% Jan
2% Jun

3%

Jun

7%

6% May
19% Jun

8%

Sep

4% ft

22 3/s

Nov

6ft

8 3/s Mar

Oct

r2% July

r2% July

20%

SO

Canadian Canners Ltd common
Convertible
preferred

Jun

1"% July
3% Jun

II

Feb

26

Aug

263/8 Nov

—•

Canadian Industrial Alcohol—
Class A voting
Class B non-voting—
Canadian Industries Ltd—
1% preferred

Canadian

Marconi

•

Oct

——•

7%

Jun

10%

Jan

73/8 July

_•

9%

Jan

100

148% July

1

7%

Jun

Carman ft Co

2.BO

2%

Nov

Carnation Co common

•

Carolina Power ft Light $5 pfd
Carr-Consolidated B'scult Co

*

56

2
-

14%

2%

7,200

1

Jun

173/4

450

12

May

148% July
2 3/s Nov
21
10 %

35/a

Jan

Oct

Apr

1

56%

275

Jan

573/4

Oct

113% 114%

75

109

Mar

114%

Nov

3%

1,300

2

Feb

56

3

40%

4% Mar

Carreras Ltd—

(AM)

ft Co

£1

123%

2s Id

1

2

——•

10

Catalln Corp of America

24

1

4

5%

5%

100

4%

5%

4%

100

24

3%

Feb
Mar

x43% Mar
3%

Feb

25

250

4

1,600

3%

Jun

22% Aug

Conv pfd opt div ser
Conv pfd opt dlv ser 1920—

irstern Malleable Iron

-II

Aug

3/7 % Mar

17

preferred series

A.

Sugar
shares

see

$6 pfd shares of beneflelal lnt
Easy Washing Machine class B
Bond ft Share common

Electro graphic Corp common

Empire District Electric l ft pfd
Empire Millwork Oorp
Emsco Derrick ft Equipment

Equity Oorp common
IS convertible preferred
Esquire ins
Eureka Oorp

Ltd
Eureka Pipe Line commoi

2




v.'ft

Y..-,'-'

26

..

13A

500

2%

2

—

2 3/4

Jun

61

1

18%:

18 3/8

1

36

43%

Jan

1

17%

17%

15

Jan

85%

Jan

93

Oct

First York Corp commc

5%

Feb

153/8

Oct

2,300

11,280
320

100

14

15

425

Feb

5% July
5% July
5

May

3

Jan

35

1

Sep

——

—

—

3%

3%

3%

1,500

130

15%

Nov
Nov

$2 dlv cum preferred.
Plshman
de

to

1%

•

7%

8%

600

Nov

-.13% May

Jan

101 %

Apr

7%

Apr

13%

Feb

11

Apr

6 Va

r473/4

1% Mar

Feb

31

47 %

Jun

4

;

400

Mar

-

•

6%

%

% May
14

100

15

15

.11

700

ft

is

i

1,345
;

6%

5%

——

1%

8,100

Feb/

Oct
Oct

Sep
Feb

18

ft

ftft ft

iftft'Yvf/f>
ftftft

17%

A-

•

'

f'

4%
.11

Feb

17,500

33/4

Feb

1,400

5%,

47/a

8%

Feb

13%

Apr

75

3

Oct

11%

71

71

.10c

12%

10%

—

72

60

57%

Jun

3

600

2 Va

Jun

2%

21% Aug

700

19

17%

-1

—

Jun

25

5% Mar

3 % July

35

3%

Oct

Amer dep rets ord reg..
Ford Motor of Canada—

—

—

5

--

200

13% July

Oct

17%

Sep

Ford Motor Co Ltd—

Oct
Jan

July

8%

Nov

7% Mar

10 Va

Jan

6

9%

800.

—

1%.

1%

YftY r47

r47

•

Co¬
Stores-

Jan

4

Jun

•ft

Oct

(MH)
$1

93/4

15

37

2%

-

Oct

18%

92% July
4% Aug /

10

6%

Oct

10%

'

1

1
1

600

12%

6%

„v;y.

31,700

100

100

—-

.11

5

5
■

*■
V

10
a.BO

55

Oct

78

Mar

53/4 May
10 3/4 Feb

400

*

17% V

12 V*

12%

1
111
1
1
lie

Fansteel

Oct

15%

1934

•

10

93/4

Palrehild Camera ft Lutramenl.

8%

14%

11% Mar

Jan

100

119% 1323/4

Oct

600;

ftftT'ft'"

83/4

125

Oct

67

ftYY'ft

83/4

100

76

Jun

F

1

15%

Jun

-

19%

'

93/4

Oct

Engine ft Airplane
Metallurgical
Fire Association (Phlla).

13%

—

—«.

•

Falrchild

13%

50

39

60

61

■

Oct

Jan

100

Y":--,-'v

iftj-

—

61

Nov

5%

Sep

100

ft*.

—

•

Mar

5%

83

10
page 33

ft

Associates—
of beneficial imt

May

1

common

—

2%

74 %

Cessna Aircraft Co common.
America

'

Eastern States Corp

10

10

For footnotes

77%

78%

Century Electric Co common
Century Investors Inc
Conv preference

Charts Corp

77

Jun

78%

ICentral States Elec 6% preferred—100
7% preferred
100

Chamberlin Co of

Jun

61%

10%

Central Ohio Steel Products
Central Power ft Light 4% pfd

Feb

62

975

13% Mar

Central Maine Power Co—

3.60% preferred

Jan

350

72%

Electrte

2%

Castle

4%

Jun

73

70J/e

Oom

17%

dep rets A ord
dep rets B ord

2%

1,600

3%

72%

—ft'

$8 preferred series B

1

Amer

3%

3%
72%

.101

prior preferred

Eastern

,—B

Amer

•

-101

preferred

'

X24

*

Capital City products common
Carey Baxter ft Kennedy Inc

Carter (J W) Co common
Casco Products common

Eastern Oas ft Fuel Assn eoi

Class A non-voting
Class B voting.
Ford tfev*r of Fr*nr»—
Amer

dep rets bearer.

'

V'*

...ftft;
—

—

%

M

Oct

9%
ft

18

400

.

Jan

11% Jan

Jun

200

23%,

23

23

Sep

.;

144

Jan

7

100

2%

7%

9% May

500

,

73%

73%

10

Dominion Textile Co Ltd common

"22%

is Jun
1%

27%

10

10

1

Dominion Tar ft Ghent Co Ltd

Jan
Nov

3

! 6%

Doinestio Credit Corp class
Dominion Bridge Co Ltd.

5%

Jun

27%

1

'1%

?.:■

'•

Feb

16%

Sep

200

—*

Jun

20 Va

100

6%
2%

100

debenture

Jun

•ft

25

'

6%
2%

Ino

7%

10 3/4 July
■

31

'

1%

1

Petrol

Tobacco

Amer

Jun

16,800

3%

••••

333/4

Distillers Co Ltd—

ft Jan

2

1% July
21% Mar

14% July
4% Jan

1,100

1.10
—1

it Aug

1,250

6%

4,700

4%

1,600

15%

12%s

1,400

413/4

6'/a

7

Detroit

Feb

8%

1,300

5%

Burry Biscuit Corp

12

4 03/8

6%

6%

Dayton Rubber Co class A.
Dejay Stores common.
Dennlson Mfg class A oommon

Sep

23%

14%

Ring Co
Burma Corp Amer
dep rets

'%

40%

6%

Davidson-Brothers

13%

5%

Bunker Hill ft Sullivan
Burd Piston

Apr

Day Mines Inc

300

15 3/a

Buckeye Pipe Line

43%

17%

preferred

Davenport

l3/4

•

Jun

Jan

Sep

33

233ft

I.BO

3%

Jan

Jan

23

;

10

Bruck Mills Ltd class
B

1,000

4%

18%

33

•

1

4%

14%

•6

Jan

33/4 May
21% Apr

300

—!_•

Junior pfd

4%

700

Mllner

Devoe ft

Brown Rubber Co
common
Bruce (ILi Co common

Apr

4%

Oct

16

II

Brown Porman Distillers

Oct

7%

D

Jan

23

10s

6

Jun

Sep

7

>

16

'

Amer dep rets ord
reg
British Columbia Power
class A—
Class B

Jan

4

Oct

80

13%

V

II

3%

600

8% Aug

Jun

Mar

4% July

ft

100

16%

'

Jan

12

100

4%

Oct

62

16

Jun

5%

43/4

Sep

Feb

9

23/4

125

19%

fi ft

Cuban

Jun

500

8%

5%

10

5%

4%

__

800

Crystal Oil Refining common
Id preferred
Cuban Atlantic Sugar common

Oct

6% May

17,300

453/4

16%

Jan

1,300

Brewing Co

Detroit

dep rets ord bearer

cum

Feb

Apr

33

Amer dep rets ord
reg
British Celanese Ltd—

4%

3%

8

'

5%

6%

Crown Drug

2

Sep

13

325

12

45

'

Aug

11%

Sep

Oct

11%

19%

4

.—

Feb

Apr

16%

convertible preferred—

Crowley

Oct

300

_•

—

__

5

34 %

6%

11%

61

—100

Oil Co

400

Sep

Mar

16%

Cent

57

400

Class A

British-American

22

11%

Cork Internat'l

Jan

•

British American Tobacco—

500

8

6%

Crown

Jan

7%

ft

30%

29%

Jan

2%

,

16 3/4

Crown

Jun

14%

■

Jun

11%

Oct

6%

7%

0

Jun

5%

•

Mar

26%

14%

Zi

1%

500

33/4

j*

5%

50

*

——

1,900

.

5

Crosley Motors Ino

73/8 Aug
14

Jun

400

1

Corp common
Bridgeport Gas Light Co
Brillo Mfg Co common

1%
7%

'

•

1

Co

preferred class A.

Croft

Jan

8

7%

Brazilian Traction Light ft
Power— ft*

13/4
7

7

—1

—

6

1% Aug

57

7%
67

1

Breeze

Mar

29%

1
II

Corp

Inc

Jun

35%

8

.11

17

1% Aug

Courtaulds Ltd—

33%

900

36s/8

35%

1

——

Jun

13A
•"

Creole Petroleum

1%

*

Borne, Scrymser Co
Bourjois Inc

14%

700

•

is

Oct

43/4 May
8% Mar

•

Blumentbal (S) ft Co common
Bohack (HO) Co common
prior cum pfd

200-

2%

is

Jun

5% Feb

1

Blue Ridge Corp common

16%

2%

x30%

9%

10%

75

12

•

1

Birdsboro Steel
Fdry ft Mach Co corn.*
Blauner's common

16%

•

6

3

6,100

7%

3%

3%

1

common

Nov

Be

4% July
1 % Aug

1

14%

Jan

36% Jan

93/8

——1

common

Jan

Cosden Petroleum common..

Nov

563/4

•

Convertible preferred

10%

Corroon ft Reynolds common.

57%

II

700

*

Consolidated Mining

American

Bell Tel of Canada common
Benrus Watch Co Inc

14%

1033/4 105

Utllitiea

Gas

400

1

14

13%

Consolidated

200

——I

Beau-Brummel Ties common
Beck (AS) Shoe
Corp
Bellanca Aircraft common

Nov

103%

Oct

5ft

Basic Refractories Inc
Baumann (L) ft Co common

14 %

—1

Jan

5%

9%

1

Jan

8%

8%

*•

Corp

12%

69%

9%

shares

Barium Steel

500

.100

21%

Coro

Barcelona Tr Lt <fc Pwr Ltd

14%

preferred series 0_.

4ft

Jun

B

American

Oct

143/4

,

1050.

Cook Paint ft Varnish Co

Baldwin Rubber Co common
Banco de los Andes—

65%

113% 114

Jan

4%

If

preferred

Feb

114

to

Cornucopia Gold Mine*

1%

38%

.10$

4% ft

8 3/s

*

26,200

series B preferred

Vtc ext

•

—

65%

14%

Consol QILF Bait common—

Jan

6

Continental Fdy ft Machine

Babcock ft Wilcox Co
Baldwin Locomotive—

13/8

623/4

32

Consol

f

Jun

—II

•

Avery (B F) ft Sons common
6% preferred
Ayrshire Collieries Corp oom

%

6

Compo Shoe Machinery—

Sep

Feb

May

4

1,000

43/4

..

15

1

2,400

Oct

1 %

2,300

143/4

5%

Plywood Corp

U

Inc

Community Public Berries

Feb

16%
36

M

Automatic Steel Products Inc
Automatic Voting Machine

7%

6% July
% Sep

Si

dep rets reg

Hotel

Commodore

9% Mar

1%

Colorado Fuel ft Iron warrants

700

9%

10 % Mar

Jan

1%

%

Airlines

3,000

9%

Jan

6

•ft. 'ft,

1

8%

20%

"9%

1

Nov

$1

8%

23%

1

19

500

14%

—

20%

•

11%

Jun

1
1

Development ordinary

~8%

6

Aug

975

64%

Z,

*

Cockshutt Plow Co common

Nov

11

116%

Jan

65

19
—

*

Aluminum Products Co

13%

Jun

1%

.

-4
II

Clinchfleld Coal Corp common

Clayton ft Lambert Mfg.

20%

Ashland Oil & Refining Co

$1.20 conr preferred
Aspinook (The) Corp

Atlas

13%

9,500

10%

10%

•
I.M

Equipment Corp

3,300

Nov

57%

8%

1

3%

Jan

8%

200

9%

8%

1

Co

Claude Neon Inc common

Nov

110

Mfg

Yv":' High

325

65

17

'

Clarostat

Low

High
-

;>;v:•
W—

•

1

Controller Co

Clark

3%

115% 116%

11%

•

non-voting

preferred

Arkansas Power A Light $7 pfd

City ft Suburban Homes

Range Since January 1

Shares

64%

19

ft'ft

•
It

113/8

3

10%

10%

•

110

109

110

lOf

Low

64%

1
11

Mining

Cities Service common

Mar

8

Feb

3 Vo

3%

Associated

7%

6%

*1
1

Arkansas Natural Gas common

Aro

5%

Jan

of Prices

9%

•
1$
4
*
—•

—

City Auto Stamping

Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
Angostura-Wupperman —„
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4Ya% pfd

6%

58

200
900

ft 5%

—1

Common class A

43/4
6%

7%

1

—

4%
6

%

% Mar

300

107 % 108

"—I

prelerred—

Oct

for Week

Range

Par

Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet ft Mach.—
Chicago ft Southern Air Lines
Voting trust ctfs

4

Feb

23/4

220

American

Sale Price

High

Low

American

Seal-Kap common
Superpower Corp common-.
series
preferred
—

Last

New York Curb Exchange

Sales

Week's

Thursday
STOCKS—

High

Low

Par

H

for Week

of Prices

Sale Price

New York Curb Exchange

NOVEMBER

Sales

Week's

Last

EXCHANGE

CURB

RANGE FOR WEEK ENDED

STOCKS—

Monday, November 14, 1949

FINANCIAL CHRONICLE

&

u

16,400

Jun

4

Feb

23

Oct

Mar

173/4
20

ft 5% Feb

23

Feb

A July

%

Jan

,

-

f
:

'

170

Volume

&

COMMERCIAL

THE

Number 4855

-

CURB

YORK

NEW

FINANCIAL

RANGE FOR WEEK ENDED

Week's

Thursday
Last

STOCKS—

Exchange

New York Curb

Par

Pitt

Fort
Fox

CMift

100

12%

600

6%

x29

Oct

-9%
32

Sep

Jun

11

Sep

Jan

1.000

'

10%

.1

(Geo ▲)

7%

15%

•

15% Oct

14% Mar

200

15%

92%

July
4% Jun
1

3%

3%

3%

1%

Jun

22

Brewing

26%

Jan

37

Oct

19%

400

15

Feb

19 %

Nov

3%

2,406

2

Jun

3%

3,700

9%

Feb

14%

Oct

1

Jun

lVa

9%

Feb

Sep
Jan

19%

19%

3'A

3%

13%

13%
1%

preferred series A—

8%

General
Genera]

Fireproofing common
Outdoor Adv 6%
pfd

General

Phoenix

5%

6%

1
10
•

•

8%

8%

70p

12

May

12%

12%

12%

100

10

Jun

12%

12%

10

7%

73/8

6

6

Apr

8

Jan

Jun

7

Nov

Laclede-Ohrlsty
Company——
L'Alglon Apparel Inc

Jun

Oct

Jun

42

Nov

Jun

106

Nov

L&key Foundry A Machine
Lamson Oorp of Delaware

4%

4%

700

3%

2%

2%

2%

300

18

Gerlty-Mich

Corp

Gilbert

(A C)

Gilchrist

3%

3%

18

18 Vb

Jan

Jun

3,700

18

Glenmore Distilleries class B

1

10%

10%

10%

600

9%

8

21

21

21 Va

200

13%

1%

/;• 300

Globe-Union

;

Gonei (Adolf) Inc common
Godchaux .Sugars class >

Ine

1%

♦

B

31%

Pacific

Gulf States

6 ft

H Jan

Oct

53%
5%
82%

Jun

11%

Jun

8

Feb

13

100

9Va

500

100

11%

11%

11%.

■

126%

132

39%

pfd

39%

Feb

128%

Feb

,17%

Oct

24%

Jun

28 %

Nov

11%

300

6 % Mar

11%
28 %

Oct
Oct

Jan

27%

Sep

21% Mar

26%

1

%

24

23%

2,000

*

<

—

Sep

142

Jun

32

1,050

40%
28%

150

25%

Sep

9

100

7%

Jun

108% 108

120

9

108%

Sep

109

Oct

14%

Feb

13%

Sep
Nov

9

Feb

102

•

Co

Hartford

Nov

Public

Hartford

100

46%

50

1

11%

Haseltlne

•

14%

Hearn

8

Mining Oo

Class

i

Service

8% %

•

2

common

preferred

preferred

100

W w

w

Henry Holt & Oo common
Hoe (R)

•

1%

600

1%

400

1%

%

Feb

66%

Feb

16%

Marconi

Feb

27%

10

13%

13%

13,000

13%

July

International

2% July
11% Nov

8% Mar

143/b

14%

400

11

Jan

18%

Feb

600

6

Jun

8%

Apr

7

6%
xll3A

12 Vb

Jun

12%

Feb

8% July
10% Mar

157/e

Oct

,8%

1,700

1534

25
200

11%

200

98 Va

50

12 Vb

'

12%

Oct

Jan

11%

Jun

98%

Oct

Mar

9%

5%

1
9

Holly Stores Inc
Holophane Co common

•

Border's

44%

45

45

74

39%

12%

13

13%

13%

13%

Horn

Jun

500

3

Humble
Hurd

•

Inc common

Oil

A Refining
A Mfg Co
Refrigerator $2.28 pfd

Common

Huyler's

160% 160%
33%

33%

34

stock

18%

•
6

80

79%

■

7

Jan

Aug

42% May

Jun

Feb

2%-

Jan

Oct

21
82

5%

Feb

2%

Feb

Jun

8%

Jan

19%

Jun

21%

6%

50

100

100

10%

v

Oct

Jan

3

Aug

18

Jan

$1 conv pfd

dividend shares

Co

common

Co

Co

7 VB

common.

7%

7 Va

.

.

5% July

100

10%

Jan

Imperial Chemical Industries—
3%

19%

20 Vb

—

Xl2%

26,200

4%

Feb

Feb

20%

Nov

20 3/4

3,700

14%

Feb

20%

Nov

12% xl2%

700

1T%

Jan

13 Vb

Oct

193/4

20

Registered
Imperial Tobacco of Canada

20%

Aug

13%

-JB1

;•

Imperial Tobacco of Great Britain
8%

pfd—100

Insurance Co of North America

International Cigar Machinery
International Hydro-Electric—
Preferred

18

96%

96%

•

133/4

65

14

62

14

12 Va May

Jan

98%

Sep

65%

750

98 Va

Jun

119%

Oct

300

115% 117%

116'A

80

220

97

Jan

88%

A Ireland

Indianapolis Pwr A Light 4%

10%

Jan

14 Vb

Nov

47

Jan

G5%

Nov

'

$3.60 series

2,800

'
"

L-*

International Metal Industries A

International

Registered

Petroleum

coupon

■■■

shs_•

shares

•

International Products

10

International

Safety Razor B
Royalty
Iron Fireman Mfg vtc
Irving Air Chute
Investors

Italian Superpower Corp com cl A

-

8

8%
—

2,000
200

23 %

Jun

11

Jun

11%

1,400

8% Mar

1,700

1 Vb

14%

i

—-

14 Va

300

13% Aug

100

3% Mar
Jan

5

1

5

%

%

*

Jan

15%

Jan

1%

1%

1% Mar

2%

Apr

2% July

6

Jan

Oct

HOVb

Jun

3% Mar

5 Vb

•

1
1

Corp

Monongahela Power Co—
4.40 ft cum pfd
4.80 ft cum pfd series B

107%

1$$
1W
1

class A
Montgomery Ward A Co class A——•
Moody Investors partic pfd—
•
Morris Plan Corp of America
10c
Mountain Producers
10
Mountain States Power common
•
Mountain States Tel A Tel
—100
Mt Vernon-Woodberry Mills
■■--$
Murray Ohio Mfg Co
•
Muskegon Piston Ring common
Muskogee
Muter

Va May
Feb

6%

Co

%

1,700

common

1

Julian

A

6%

Apr

Namm's

1%

Jan

National

1%

Jun

Feb

4%

Oct

7

900

4%

7'/.

Nov

3%

100

3% Aug

5%

Jan

Sep

4%

Jan

18% July

20%

Oo.

Corp

Inc

common

Bellas

Hess common

Fuel

Jan

K

1
1
—•

5%

31,300

2"%

Sep

Tft

pfd..

.Iff

119

119%

National Radiator Co
National Rubber

Machinery

National Steel Car Ltd

National Transit common.

50

117%

Sep

Kennedy's

12

Inc

Key Co common.
(Walter)

9%

Jan

May

New

Feb

15%

Oct

Nev

9%

Jun

14

Oct

A Co

12

9%

9%

9%

200

6% July

11%

11%

11%

200

9%

Feb

127

New

12 y« Mar

New
New

Kimberly-Clark
4%*

Corp—
preferred




102

102%

20

100

Sep

105

May

Corp

fngland Tel A Tel

Clock A Watch Co
convertible preferred
Jersey Zinc
Mexico A Arizona Land
Park Mining Co
Process Co common
Haven

4 A ft

Sep

9%

(Herman)

Neptune Meter common
Nestle Le Mur Co common

400

Co

6%
54

Apr

Nov
Nov

Jun

8'A

Oct

300

6% Aug

9%

Jan

1%

500

7/b May

8%

8%

400

~7%

7%

7%

700

4%

5% May
6% July

10%

11 %

10,100

2%

4,600

1%

Nov

IIVb

Nov

2%

Sep

Jun

50

10

10

Oct
Feb

41

Feb

6Vb

2%

2%

9 Vb

83A

Jun

29 %
11

1% May

9

Mar

10% May
25

Apr

24

24

24

100

18

July

10%

10%

11%

250

9

Jun

16%

3%

3%

500

3% Aug

43/a

Jan

X20 Vb

21%

1,400

*21%

Nov

3%
X20

Vtt

24%

600

25

1%

25

2

16%

Jun
May

19

25

Feb

Nov

800

1%

Oct

3 Vb Mar

7%

7%

1,500

6%

Jun

7%

Oct

29%

Jun

33%

Nov

10%

11%

2,800

7%

Jun

11%

Nov

32'A

3 2'A

7!/4

7%

7%

1,900

6%

Jun

$% Mar

2%

2%.:

2%

300

2%

Jun

3Vs Mar

99%

;~7%
n

93%

97%
104

2%

2%

176

'

50

Jan

24

Feb

102

32%

Sep

Nov

100

86

July

99%

Nov

104 %

300

98

May

104 Va

Sep

2%

500

177

70

2%

Apr

2% Aug

167% Mar

185%

8ep
Nov

36%

4%
X14

36%

50

30%

Jun

37%

4%

4 VB

1,300

3%

Jun

4V2

Sep

15%

3,100

10%

Jun

15%

Nov

32%

500

28%

Sep

Xl4

32%

Feb
103% Jan
33 V2

25

8

8

25
8

40

250

300

95

July

17

Mar

25

Oct

24

102'A 103%

Apr

30

Aug

Jun

10 Vb

Jan

10% July

13%

Jan

7%

12%

12%

100

9%

9Va

200

7

500

Jun

12% Jan

New

14

14

10

Jun

14%

3

Mar

5%

Nov
Jan

4%

4%

200

"3%

'■'3%

4,300

23/4 Mar

4

3%

33%

510

36

Oct

33%

29'A Mar
34
Jan

35 Va

Aug

34%

10% Aug

10

10

5,500

8%

7%

7%

500

6%

Jun

10%

10%

100

9 Vb

Jun

IIVb

Feb

7%

6,100

Jun

Jan

7%

6%

10%

1
4
1$
•
1

8%

8%

8%

100

8%

8%

8%

600

30e

8
$
1
100
1
20
28
1
1
*

~2%

*2%

2%

2%

10%

6'A
53/4

Jun

7% May
Jun

1,300

14%
2%

2%

19,600

2 Vb

12%

300

~3

Jun

July

10%

common.

National Pressure Cooker common

12%

Kansas Gas A Electric
Kawneer

Kidde

4%

Jan

8 Vb

14

Gas

National Mfg A Stores

Nelson

.

Jan

8

~9%

21

preferred

National Union Radio

Kalser-Frazer Oorp

1,000

37/b
45

N
Hacbman

3%

Kokenge

20

1%

Jan

Jan

6%

7

Preference

300

7%

10
Ml

1% May
17

3%

Jefferson Lake Sulphur Co..
Jim Brown Stores common

6%

8

7%

National Malllnson Fabrics
300

1,500

~i%

-1$

common

Company

National

4%

4%
53

53

12% July

7ft

4

4%

4%
53

»

National Breweries common

jeannette Glass Co common.

WOO

1%»

Jan

Sep

1%

12

93/4

Jun

Jan

6%

—_

1%

Sep

Mining Corp of Canada
•
Minnesota Power A Light 5ft pfd_10#
Missouri Public Service common
•

Oct

6 Vb

20

1%

10%

11 ?

•
„

8%

r; 7%

.

7%

-

6%
13 %

50c
80

common

convertible preferred

Monroe Loan Society com

Amer dep rets registered
Imperial OH (Canada) coupon

Sep

1,700

1

Refineries

Wohl

Sep
Sep

4,000

60s
10

Abrasive

Midwest Piping A Supply

4% ft

33

7Ve

•
•

common

Oil

,

13%

5
•

common

Monogram Pictures common

Zinc

25% July

Products—

Steel
Co

Midwest

Jun

Corp

Molybdenum

Illinois

34

6%

1

t c

$2 non-cum

Mldvale

Mid-West

Feb

2

11%

Midland

Jan
Nov

common

Corp

Midland Oil Corp

Miller

22%

300

2%

14%

Jun

40

13%

1
2.80
•
1$
1

Corp

Co

Hone

West

Jan

Jun

16%

2%

17%

6%

IN
lit

preferred

Sep

Jun

14%

Jun

13 %

1

Bumper

Class B

Mar

Feb

11%

100

Co

Michigan Sugar

Middle

2

+8

3,600

A Scott Corp—

Michigan Steel Tube

7%

Apr

1%

8

Co

preferred

Iron

3V»

4

•

:

1

Participating preferred

8ft

Nov

*

Metal Textile Corp common

Michigan

Sep

7Vb

900

1%

17%

4%

Jun

........

A

Mesabl

17

*

B

Co

Warrants

6% ft

Oct

Feb

5%

1

A

Chapman

Mid-West

50

100

Mfg

Oct

49

Jan

Hygrade Food Products

14%

Jun

2%

Nov

34

111% Aug

43

1st conv preferred
Hydro-Electric Securities

14%

Jun

160%

100

7 /-v

?

2%

1

1

Sep

17%

68%

600
■!

Merritt

Sep
Jan

38

v

4%

Middle States Petroleum class A ▼ t o_1

33

Oct

16%

300

A Co class

Dredging

Aug

4

Jun

30%

'3,900

5%
49

49

warrants

>

82

5%

5%

•

common

19

Menasco

J'lD

13 %

•

Micromatic

133

30

1,100

$2.50 preferred

(A G)

27%

300

1%

I

common

Johnson

Apr

Apr

6%

.10
1

McKee

Apr

14%

2%

McCord

Corp

13%

Feb

19%

common

Oct

Jan

106% May

8

Lock

Hussman

Feb

Jhd

13

2%

Apr

39

150

31

100

(Harvey)

8%

July

107/a

300

5%

5%

.10

Jan

12%

•

common

preferred

Hubbell

Oct

Jan

6%

.11

11

25 %

100

3'A

3%
30 3A

30%

18

Co

Baking Oo

Hardart

A

8%

Nov

14 Vb

Marine

Shovel—

9%

Jun

7%

•

9%

9

'

1

Inc

Horn A Hardart

28 Vb

31

1,200

12%

48%

Feb

275

1,900

May

•

&

Nov

114

10% Aug

Oct

91
68

11

12%

11

98%

12%
98%

8

A)

933A

25

Mfg Co common
convertible preferred.

Mead

300

153/4

>10

A Co class A.

(Geo

Sep
Nov

107

111% July

500

112

112

-1

Communication Co Ltd
Marlon Power

McWilliams

11%

:

xll%

Hollinger Consolidated G M

Hormel

1%

Feb

77%

Mapes Consolidated Mfg Co

Jan

2%

Jun

1%

—100

w

Sep

575

.1$

Mangel Stores common.
Manlscheifitz (The B) Co_.

Jan

X50%

11%

*

common

A

Heller Co

4ft

25c

7

17% Mar

Jun

1%

1%

Jan
> 10% Oct
6%

Jun

44%

1%

1

Corp
Dept Stores common

Sep

12

1

common

Rubinstein

7% Mar

10%

46%

Brewing Oo
Hathaway Bakeries Inc

Helena

4%

10%

28

Harvard

Hecla

400

5

8

Light

Rayon

9%

6

Co

Maine

Oft

10%

•

Paper common

Electric

Jun

1,650

27%
112

McClanahan Oil Co common
5

I

Bridge Oo Ltd

Hammermlll

Oct

7%

M

Feb

H[
Hamilton

24%

26,900

90%

91%

10#

Jun

92%
28 Vb

1

104

Oct

20%

103% 105%

12

•
100

—

McAleer

Lamp

13% May

10%

200

Co

Massey Harris

Hall

Vb Mar

1,500

11'/a

24

•

Macklntosh-Hemphlll

Oct

128%

26

25%

100

Gypsum Lime A Alabastlne

•

103%

70

133

39

'

9

common—25o

400

Xl26%

125

132

—28
2

Paper

Utilities $4.40

9

17

28%

•

Oct

58%

8%

•
100

Brewery

Apr
Oct
Apr

237/s

1$

ctfs of dep
preferred A ctfs of dep
preferred B ctfs of dep

7%
10%

24% May

Jan

7

300

10%

Feb

Jan

5

58%
9%

Tea—

Products

Chain

6% Mar

Jun

19

Jan

6

Apr

500

20%

23

Jun

Jan

49% Mar

8%

Jan

—*

Lynch Corp

Jan

Jun

Jun

5%

15%

n%

Louisiana Land A Exploration
1
Louisiana Power A Light $6 pfd——•

Feb

80

Jun

*

Western

Stores

7%

3%

class A

A

A—

class

Common

Jan

44%

Non-voting common stock
7 ft
1st preferred

Grocery

Jan

32% Sep

Jan

%

6 Vb

900

25%

15 Va

•

Longlnes-Wlttnauer Watch Co
Long Island Lighting Co—

^Va

Mar

21

100

5,900

Steel

Jan

—50

Mfg common
10
Graham-Paige Motors 8 ft conv pfd—28
Grand Rapids Varnish
1
Gray Mfg Co
—8

Griesedieck

""%

3,600

•

Nov

43

Jun

Sep

7%

10%

Lone Star Gas Co. (Texas)

Jan

Jan

14%

—

common

Groceterias

5%

Jan

9

Inc

Class B

11%

Jun

1%

74%
%

1

Gorham

Northern

32

""%

32

•

Mfg Oo

Great Atlantic

ijoeiaw

21%

Jun
Jan

36

•

84.80 prior preferred

Gorham Inc

"

1

Goldfleld Consolidated Mines

Goodman

21%

Brothers

Locke

*

Class

Nov

16

Coal

Alden

;

■

Jan

9%

100

Lit

Jan

13

common

(RG)

Corp common
Lipton (Thos J) Ino 6ft preferred—II

21

Gladding McBean A Co
Glen

18%

Realty

Tourneau

Jun

8%

-6 Vb

20

20

Lionel

4% Aug
6% Sep

12% July

50

13

Oct

Jun

Le

Mar

107

4

1,500

13

•

Co

5%
17-

17

Lefcourt

May

116

Jun

3%

600

.4

5%

5%

•

common

100

Jun

105 %

—1

Yellowknife Gold Mines

Giant

Jan

95

*112%

•
•
1

preferred

Jan

Oct

3%

3,800

5

6%

Lanston Monotype Machine
La Salle Extension University—

Feb

4

1% July

Georgia Power $6 preferred

\

6%

Jan

4%

General Plywood Oorp common
50c
General Public Service $6 preferred—*

,

8%

13%

300

13%

5

Mines Ltd

Lake Shore

—1

Oorp

Oct

14%

Jan

Jun

100

Oct
Nov

8% Aug

23% Aug

Feb

7"a

600

Feb

13%

7%

%

Oct

12%
24

Apr

6%

13

8

2.9%

200

42

106

-

18%

700

13

Oo

5%

5,200

106

40%

40%
106

100

7

8%

'

150

24

Sep

10

10% Mar

23%

•7%

*1

800

1%

.16

General Electric Oo Ltd—
Amer dep rets ord reg
General Finance Oorp common

14

•

(DEmll) Oo common
(IB) Rubber Oo

Krueger

200

Mar

3%

Jun

2%

2,500

.

7

37

Feb

8

6b Vb

100
1
General Alloys Oo
"
General Builders Supply Oorp com
1
8 ft
conv preferred
28
preferred
Gellman Mfg Oo common
6 ft

Jan

36%

Knott Oorp common.
Kob&cker
Stores
Gatlneau Power Oo common

3%

iyB

Klelnert

High

6,400

x6 %

Kirkland Lake G M Oo Ltd
Klein

Low

7

1
_1

—

Range Since January 1

High

6%

•
••
1

Kings County Lighting common
4 ft
cumulative preferred
King Seeley Oorp
Kingston Produots
EHf Petroleum

Sep

23% Mar

50

11

x29

x29

14%

Jun

Oct

Shares

of Prices
Low

Par

12

8 Vb May

8

.80

preferred.
Oo

conv

Fuller

10%

for Week

Range

Last

Sale Price

High

Low

High

Sales

Week's

Thursday
STOCKS—

1

Franklin Simon A Oo Xne common

•

New York Curb Exchange

Range Since January 1

Shares

11%

11%

U

for Week

10%

.1.31

Brewing

iPotor;

Low

1

Oo

Browing

'

:

EXCHANGE
NOVEMBER

Sales

*

Range
of Prices

Sale Price

(1939)' 31

CHRONICLE

11%

9

Jan

8%

Nov

18%

5%

90%
1

"5%

"5%

200

90

91

220

1

3% Mar

Sep

43/b

4 Vb

56

8'A

6% Feb

13
19

56

8%

1%

Jan
Oct
Oct

Aug

6%

Sep

78% May

943A

Oct

2%

Jan

7%

Jan

5%

1,400

1

Sep

Sep

12% July

12

Jan

%

Sep

200

3

Mar

58%

1,400

61

Jun

67

Jan

8%

2,500

6

Feb

1%

500

1

Jun

11%
1%

Apr

65

Apr

75

Jan

'4%

Apr

32

THE

(1940)

COMMERCIAL

NEW

YORK
range for

Thursday

Week's

STOCKS—

Last

New York Curb Exchange

Sale Price

Low

N

Y

Auction

N

Y

tc

N

Y

Merchandise

Y

Shipbuilding

H

Co

Honduras

5%

Hower

15

105
102

100

1

w

Nineteen Hundred Corp common

North
North

Mines

Central

Northeast
North

Texas

RR

103%
26"/b

Nov

Jan

12%

Oct

Bchuite
Scovili

Manufacturing

Scullin

Steel

Nov

15%

Nov

1,200

%

900

26%

700

v

28

12%

■

12%
2%

1

Co

13

400

1

5:%

Northrop Aircraft Inc
Novadel-Agene Corp

5%

14

4

14

14%

Seiby

15%

Jan

Selected

89

Feb

Jan

107

Aug

5%

Sep

Jan

3%

Apr

11%

Jan

19

13% May

Aug

Ogden

Corp

Brass
Power

Oklahoma
Old

common

Co

class

4%%

preferred

Natural

Polndexter

2%

2%

2%

2,800

4

41%

41%

42'%

100

common

100

Gas

111

15

Distillery

33

— —

12%

12%

1

15

15

600

15%

Securities

1

15%

100

10

10

11%

Feb
Jun

106 %

800
100

2

32%

100

33

4

O'okiep Copper Co Ltd Amer shares
Overseas

111

32%

1

Oliver United Filters class B
Omar Inc

1%

100

1

"l%

1%

1

2%

Jan

X2%

x2%

3%

2,500

2%

Jun

37/a

Jan

2%

3%

2%

5,600

1

Jun

2%

25

Feb

27% July

8%

'

11

9%

Co

common
1st

pfd

Sentinel

B)

Radio

Corp

common

12%

Jun

22%

Jan

6%

Jun

11% Nov

5% %

1st preferred
1st preferred
1st pfcl

5%

y/e

r>'

red

1st

1st

Service

32%

32%

350

29%

Apr

28%

29%

800

28%

Nov

29 %

nov

Smith

28%

200

28%

Nov

28 %

Nov

28%

28%

28%

600

28%

Nov

28 %

Nov

ISolar

105 %

425

100 %

Pen

Patchogue

100

com

Pa tic an

Peninsular
$1.32

May
July
Nov

Southwest

4

Jan

Southern

HI

Knn lrafflc,Co
Power
Pep Boys (The;
Pepperell Mfg Co

Co

Power
Pratt

&

&

!•

Public

-IIII

America
Nevada

"

CoforVdo—

cumulative

preferred
&

Co

100

Sep
29% Mar

Jan

11

26%

32% Mar

3

Oct

Sep

106% May
5% Mar

41% Jan

Jan

4% Mar

Speed

Shoe

opened

Standard Brewing Co
Standard Cap & Seal common
Convertible

Standard
$1.60

convertible

z'/b

Jan

July

11

Feb

16%

Nov

Nov

8%

Jan

14

Jun
Jun
Jan

4%

Jun

5% Aug
11

Jun

15%

Jan

4%

Jan

13% May
6% Sep
8%

Jan

14%

Apr

96

38

Jun

8%

Feb
Jun

Feb

25%

26

7%

Nov
Mar

11%

600

1%

Jun

200

7

Jun

8%

9%

Sep

10%

95%

Jan

104

125

94%

Jan

13

200

11%

Jun

101% Aug
21% Jan

13%

13%

50

9

Mar

14%

Oct

7%

1,400

5

Jun

7%

Nov

7%-

6%

Stetson

(J B)

.100

98%

152%

99%

140

152% 152%

70

85%

Jan

100%

Oct

143%

Apr

156

Sep

Aug

15

Oct

Manufacturing

Reading Tube Corp class
Regal Shoe Co
Rels
(Robert) &

-

Gas

Rome Cable Corp

Ryan

400

xl7% July
19% Jun

Corp

.

x2%

19%

100

21%

100

2%

900

2%

~

~_~5
H__io
,

4,200

98

100

25

50

•

4%-". '4%

22%
„

8

x8

22%

7%
,

x8

23
.

"

8%
8%

1,100

33.




4%

Jun

~5%

~5%

Feb

200

9

2%

Jun

Feb

14,900

1%

Feb

3

1,100

1 %

Feb

30

149

7%

Jun

8

2,300

3%

147

16 %

28%

200

36

3

7%

112%

Jan

7%'

500

4,300

5% July
2% Jan

4% Mar
19

May

10%
36

Jan
Nov

3%
3%
150

Oct
Sep

1

Oct

77/a

Jan

4%

Nov

4%
2%

100

2

Jan

3 Va

4%

1,300

2%

Jan

4%

Oct

79%

82%

120

67%

Jan

82 %

Nov

24 %

24%

150

19%

Jun

11

11%

200

9% May

67/a

200

5%

__

82%

1

11

1

6%

1

%

j

1

—

Oct

300

% Mar

>T% Aug

3%

900

14%

425

2% May
9% July

14%' Oct

2%

200

% Mar

18 Va

18%

100

10%

13%

-

13%

13%

500

10%

4%
'

4

4%

17

100

17

4%

225

4%

2%

2%

2%

Apr

Feb

18%

Nov

Jan

13%

Nov

Oct

5%

Apr

18

2%

Jun

3

Jun

II

14

700

18

Jan

27/a

7%

1

Oct
Jan

2%

25c

Inc

26%
15
s" 7%

3%

2%

4

%

Jan

Oct

13%

3%
14

Jan

Aug
.

>1 Jan

Mar

T
Technicolor
Texas

Inc

F.»wer 81

Thew

Snovel

common

common

4

Light 7%

Co

new

Corporation

pfd

common

Inc

Roofing Inc

Tobacco

Realty

8

600

Construction

Stocks

dep rets ord regis
dep rets

def regis

Shipyard Corp
Royalty Corp

common

Lux

pfd

Temper

300

5%

2,500

8

5,100

Sep

17%

Jan

8% July

13%

Jan

15%

Nov

300

15%

300

8%

1,200

13%

300

1

7%

14%

7%

Trunz

8O0

13

1

7% July

1

preferred.

32

Oct

15%
128

Sep
Feb

10%

Jan

10%

Jun

14

Oct

Jan

80

3%

1

%

42%

j

2%

101

a
-

18

550

2%

x39

Jun

Jun
Jun

Oct

6%

il Jan
<
Jan
2% Mar

60

1,300

1%

Feb

175

102

Feb

91%

Jan

102

TV

Jun

1

3%

Apr

4%

Nov

43'

n

1,600

3%

•

*

IV

2%

4%

1,100

3

7,000

2%

Feb

200

15%

Jun

50

18%

Nov

6,200

3-a

Jun

7%

Jan

87/a

Jun

11%

Jan

1%

Apr

3%

Oct

2%
18

-

7%

13

18%.

,■

4

com

Feb

8a
20

2%

Inc

convertible

11

Jan

52

13

£1

4

Tung-Sol Lamp Works

Jan

10%

13%

v

7%

7 "Va¬

10%

__

il %

400

Apr

-

»,

Nov

Oct
Nov

3

18% July
24% Jan

Jan

Jan

Jan

21 %

Jan

25%

Jan

2%

Jan

1%

Jun

1%

Apr

U
men Realization Corp
Unexcelled Chemical Corp..

2%

Nov

-l§fl

H

400

Union Investment Co

Jan

99

Nov

Jun

27

Jan

$3.75 pfd series A
Union Stock Yards of Omaha

80s

Oct

United

Chemicals

U

-

3

-

U

Oct

1%

Jun

7%

Jan

Jan
Jan

109

Aircraft

10%

-

13% Aug
7% Nov

Union Oil Co of California—

18%

3

11%-12%

500

92%

3

12%

2,000

6%

.8

of Canada

89

8% May

Feb

~5%

13

11

15

26

Mar

Aug

5%

200

10%

warrants

Corp

Oct

1%

x67/s

6%

May

14%

luO

Corp.

Oct

5%

20%

5%

120

10%

1t)c

Jan

4%

1,000

7%

30

4

Amer

23%

May

1,700

•

1,900

Tobacco Security Trust Co Ltd—

26

7%

200

15%

14%

True

56

30%

14%

'

15%

Oct

% Mar

Jan

6,100

'

5

19%
1%

30%

123% 123%

14%
—

1

&

Allied

8s

100

30%

25c

common

Markets

•

1

3

4

■

1

__i

%

Oct

21%

Jan

3%

United

9%

1.25

wnmon

page

1

•

common

2%

9%

9%

Jun

17%

35%

-

1

*1

"*9%

Jun

16

17

%

3%

B

common

Tampa Electric Co

Union Gas

25

25

5

100

4

Trans

'

X2%

600

2%

Jan

2% July

98

«•

.

common

For footnotes see

12%

100

Aeronautical Co_
Consolidated Petroleum
*■

200

II

19%

5

Inc

Russekg Fifth Ave
Ryan

~3%

2,500

21%

|

Royalite Oil Co Ltd

Ryertott

3%

II

Hi
|

common

Rotary Electric Steel Co
(The)

Jun

21% July
16% Jun

6%

Co—

c

_

Rowe

200

"6%

.a

HH

t

Jan

"3%

•%

HHIIl

Rochester Gas <fc Elec 4%
pfd F
Roeser & Pendleton Inc
common
Rolls Royce Ltd—
Amer dep rets for ord.
reg.
Field

23

131
-

Aug

8%

9

—

'

23

•

v

15%

6%

A

1

4

II

Oct

52% Mar

Co

Grande Valley

Roosevelt

125

tv

%

_•

Rice-Stix Inc

Corpi

19%

19%

common

Richmond Radiator
<Texas

16,700

»

Reliance Electric &
Engineering

Rio

rfa

,*

__lo

preferred

Jun

Oct

2%

Tonopah Mining of Nevada.
* 1.T

1

Packing Co common
Raymond Concrete Pile common.

%

2%

II

4

Corp

Toledo Edison 4%%

.

Jan

17%

17%

4
com

Finch Oil Corp

TrI-Continental

10

Rath

♦3 convertible
Raytheon

■jV

4%

300

1

•

Amer

R
option warrants.

Oct

Jun

1

Ray Drug common

Swan

3%

"\i

8

....

—

17%

3%

""%

J 0

Jan

Feb

2% Mar

1

Toklan

Aadio-Kelth-Orpheum

Oct
Jan

Jan

39

— —

Co common

Stop & Shop Inc
Stroock (S) ft Co

Todd

Railway & Light Securities—
Voting common
Railway & Utility Investment~Al

Jun

13%

200

nov

13 %

Quebee Power Co

26

100

2%

1

common

(Hugo)

Tishman

preferred

700

16%

4

Sterling Aluminum Products
Sterling Brewers Inc
JSterling Engine Co
Sterling Inc
Stlnnes

6%

38%

1

Co

July

2%

Corp

&

4

16%

1

(A)

100

38%

4

Stein

4%

2%

Co

Tiio

99

4%

Jan

13

common

9%

3% July
36%

16%

$7 preferred
Standard Products

Thorofare

Oats

Jun

Jan

l7/a

175*

7%

Jun

Jun

Jan

100

4%
—

1

Superior Portland Cenent,
Superior Tool ft Die Co

Jan

.

10

Sun

8

xl03 % X104

13%

May

„._20

Corp

Oct

Nov

99% 100

g

Jan

45

Standard Power & Light com
Common class B

Thor

Quaker

preferred

Jan

9%

,9%

7%

IHHIIHIo

18

Jan

1

common

(Ky)

39

comlllll4

May

37

10

Corp

69%

Xl03%

14

200

2.78

preferred

Dredging

Oct

1%

30

44%

'

Feb

1%

16%

44%

6%
2%
25

•

54%

9%

16

__

300

5

Stahl-Meyer Inc

2,050

%

16

10

9%

•

58

8

100
600

Corp

56%

•

common

Manufacturing

Apr

Jun

Light—

prior

preferred
Puget Sound Pulp & Timber

Jan

7

10%

1

3%
32%

9%

Sep

4,300

4

3%

Nov

91% July

•

H

Feb

27

3%

.

B

3%

23% May

15%

200

1.100

500

14%

10%

3

Oct

31%

25

Steel Co of Canada

10%

Jan

9%
3%

1

Apr

700

Oct

1%

% May
2% Jun

Jan

32 %

5

2%

400

13 7/a

1

Royalty Co
Queen Corp conv cl A

Jun

9%

2%

Southland

1%

34%

700

Southern Pipe Line

1.100

9

%

23%

Jan

27

Apr
Mar

1%

32%

%

93

Jun

8%

2,900

26%

5%
47

1%

•

13%

Aug

25 %

12%

12.50

Standard Tube class B
Starrett (Thel Corp

3

87
13

27

Jan
Jun

Standard-Thomson

ajsq

Feb

25

3
41

Jan

25

Oct

3%

Feb

Sep

1,300

244%

Nov

3%

14%

July

30%

24%

14%

220%

31%

11%

_•

210

29%

Sep

14%

common

225

Apr

~2% Jaii

7%

Jan

234

2% Mar

228%

aMr

900

7%

7%

26% Mar

3%

7%

Oct

28

800

common___J2.50

Apr

4%

27%

Forgings

800

29%

1,200

500

Oil

5%

May

6

5%

800

Standard

5%

Oct

1,300

Standard

5%

Jan

29%

Apr

10

4%

28%

Nov

1

I

Oct

Jun

31%

10%

900

19%

3%

100

29%

597/a

18%

Jun

27

5%

1

preferred

jV

17%

~3%

16

14%

"3%

20

Jan

31 %

cum

5

17%

Jan

Sep

11%

4.32%

Jun

Hl25<>

common-

Puget Sound Power

Pyle-National
Pyrene

§

109% July

15

Jan

36%

50

"

common

luo% Mar

Oct

80

Jun

Jun

50

Erie

300

Oct

50

15

1%

16

67

Jan

28%

58

1

15%

Oct

53

29%

300

3

500

18%

31%

800

A

63

3%

22%

25

5%

3

Oct

Jun

19 % Aug
Jun

10%

Edison—

15%

\

62

1

Hue

18%

Too

of

of

5

18%

62

1,000

25

shares

Co

inc

Service

4%%

5

2,700

Oct

25

8%

1,100

2%

700

18%

4

preference

60%

16%

16%

1

common

Lambert
Metals

16%

Feb

preference

conv

300

II

21%

18%

100

original preferred

1,550

%

•

Co

Producers Corp of
Prosperity Co class
Providence Gas

♦5

500

11%

preferred

Jun

10%

Jun

cum

3

54

Jan

8%

100

Jan

conv

4

10%

13%

4.48%

Jun

100

Jun

4.56%

Jan

1,000

3%

20%

18%

9%

1

Pipe

7/a

4.88%

1%

5

2%

20%

1

California

4%

Jan

31,100

34%

5%

Pa

"9%

£1

Coast Corp common
Penn Oil common

South

9%
2%

4

common

Jan

Jun

Jun

200

Jan

100%

52%

~Erie~RRl

Lake

Jan

South

II

%
8%

U

Jan

200

5

5

Oct

17

375

33%

Jan

2

22 %

157/s

2%

34

3

4

Jun

24%

Apr

104 % 105%

105 %

1

Alexander

Prentice-Hall

2%

>

10 %

1st preferred

Pressed

11

52%

common__H~

Corp of Canada

0%

'150

11%

23%

10%

0 50

Hill

Lake

Jun

200

1,900

4

3%

Jun

19
May
10% Aug

900

;

46%

IIH..20

common

Scale

&

100

common

Metallurgical
Pleasant Valley Wine Co

6%

27%

il

•

(Mass).

Pitney-Bowes Inc

Polaris Mining

50

4%

46

2-50

Johnson Ltd .Amer
Pioneer Gold Mines
Ltd_
Piper Aircraft
Corp

Powdrell

55

4%

46%

250

3,300

__~i

Pinchin

Pneumatic

11 Va

4

.

common

Governor

&

23.

10%
54

1

pfd

Phillips Packing Co

Bess

22%

10%

25

Co

Perfect Circle
Corp
Pharis Tire & Rubber

Pittsburgh
Pittsburgh
Pittsburgh

15,200

23

common

Light 4%%

Pierce

15,800

8

23

*

Penn Gas & Elec class
A common
Penn Power «fc

Philadelphia

3%

•

common

preferred
preferred

Penn Water <fc

19
26

3%

Oct

1

100

Corp

43

7%

Oct

91

2%

4

common

Manufacturing

Feb

IIIIHa

Corp

Boss

Jan

"5

"I

_

Ltd

cum

Sonotone

Mar

15

Hi

...

Mills

$1 cumulative

Pennroad

Nov

98

37% Aug
1% Jun

14%

II"*""
& Reel

Telephone

105%

23%

8

88%

May

4

Manufacturing Co

4

3%

15

76

Publications—

preferred
(Howard) Paper Mills

Jan

Jan

50

4

3.90%

Jun

94

"•

Co

Co

Sep

•

I

common

Plymouth

105

105

33%

3%

Jan

1,500

4

Solar Aircraft Co

•

preferred

Parkersburg Rig

Jan

28%

Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount Motors Corp

Parker

8%

36% Aug

25

Lighting $4.50 preferred
Pacific Power &
Light 5% pfd
♦1.30

32% Aug

Feb

89%

4

Ltd

Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—

32%

Pacific

Page-Hersey Tubes

2,900

16%

21%

4

25

common

28%

25
...

pfd series A

Pacific Public

36%

Oct

12% July

100

Corp of America class A

25

red

5%

35%

1%

21%

1

common

Simmons-Boardman

17%

12,200

1

preferred
8herwin-Williams of Canada

Sllex Co

Apr

Jun

Jun

~3%

1

4%

Breweries

2

Aug

%

~2 %

1

Control

Sherwin-Williams

Shoe

15

2,200

72% May

Inc

Safety

Sick's

1

200

1%

21%

1

Sep

500

16%

1%

~2%

4

Sep

6% July

36%

20

1%

Jun

89%

Shawinigan Water ft Power...

16%

5

Gas & Elec 6%

Jan

16%

£

Simplicity Pattern

Can

Jan

19%

__23

Simpson's Ltd class B
Paclfc

28%

10

1%

1

common

$3 convertible preferred

Pacific

20% July

300

15%
1%

1

Sheller Mfg Co

Apr

700

400

J

Sep

Mar

14

24

15%

certificates

(R

Oct

23%

15%

S

Nov

700

24

4

4

Sep

33

Jun

Aug

11

112%

1%

•

Inc

27/a Mar

1% July
1% Jun

1

Nov

2%
44

1%

25t

Bhattuck Denn Mining

SOa
B

Jan

Serrlck Corp class B
Seton Leather common

O
Ohio

Oct

11%

stock

Semier

Sentry

Ohio

21%

Jun

prior stock

♦5.50

Jan

Jun

■4 Va

*

Industries

Convertible

8%

14%

Co

Allotment

3% May

500

3,900

Corp General

Jun

July

3,200

6%

common

2%

2%

8%
21%

6

Bros Inc

Shoe

•77/a
21

6

Segal Lock & Hardware

101%

700

Co

Seeman

Feb

8
21

common

Oct

2,800

6

Inc

Oct

130

82

Securities

A)

43

400

3

f

105% 105%

105%

Sep

(D

43%

10% July

50

pfd-100

1 it

Apr
Apr
Mar

1%

•

Oil

%

10%

42

United Corp common
Savoy Oil Inc (Del)
fiayre & Fisher Brick Co

Nov

9

Apr

42

ihgh

1

20U

Jan

13

1

common

Samson

7%

40%

Low

49

Nov

8%

40

Ltd

Nov

400

40%

Corp

preferred

106%

4,700

1

40

conv

Nov

15%

Bait Dome Oil Co

10%

4

Securities

Northern Indiana Pub Serv 5%

Jan

Lawrence
1st

Apr

15%

9%

4

Utility

20

94% Mar

1,600

15

15

7%

2.1UO

♦

class A

Rayon

Airlines

Penn

Jun

Jan

12

Range Since January 1

High

Feb

92%

26%

Low

Shares

Aug

13%

150

ilin

9%

*

common

American

32

Jun

15%

1,100

26%

9

American

Feb

78,800

102%

11%

fl

Class B

Par

Sales

for Week

of Fi ices

Jan

26%

400

106

4

Corp common
Niles-Bement-Pona

15%

102

100

preferred

17%

14%

1

16%

16%

common

Niagara Mohawk Power cl A

North

200

34

»

Range

Sale l'rice

High
8%

St

«4®gara tohare

Nlplssmg

High

Week's

Last

New York Curb Exchange

10

1

1st preferred
2d

Thursday

■

Corp—

Pounders shares;

Niagara Hudson

33

33

11

STOCKS—'
Low

—10

—

Monday, November 14, 1949

EXCHANGE

ended november

Range Since January J

7% Aug

10

Rosarlo

CURB
week

CHRONICLE

Sales
Snares

4

common—

FINANCIAL

for Week

Range
01 Prices

Par

&

5% Aug
6"% Jun

5%

Apr

United

Corp

United

Elastic Corp.

Sep

United

Light ft Railways

1

8%

Oct

United

Milk

2%

1,100

10 %

Feb

6%

Jan
Jan

8

Nov

warrants

Products

.%

Jun

May

100

Sep

62 %

Oct

3%

Jan

40

Aug

common

22,600

%

Jun

X32%

75c participating preferred
United Molasses Co Ltd—
Amer

1%
32

4

R%

Jun

53% May

2%

4

Feb

4% July

3%

com

common

8%

37

3s/«

Aug

Products

x32%

38

100

?5%

Jun

34

33%

33%

34

20.300

21

Feb

34

Nov

7% May
15% Jun

10%

Jan

21

Mar

3% Aug

4%

Feb

246%

Feb

4

dep rets ord regis.

United N.I RR ft Canal

.100

237

237%

60

237

Oct

TV Jan
Oct

FOR WEEK ENDED

RANGE

Thursday
Last

STOCKS—

Low

United

46%

60

9%

10%

United

Specialities

S

9%

1

common

CJ S Air Conditioning Corp

U S Foil Co class B_,

S

1 %

1 %

1

13 Mi

10c

13%

52%

Jan

Jan

41% Aug

Jun

Reclaiming Co

Insurance

Utah

Oil

&

1,400

Feb

3%

Oct

1,025

Jun

86%

Nov

800

3%

Jun

6V8

Jan

1%

200

1

Jun

1%

Jan

Milwaukee

Jan

New England

2%
73

2%

900

1%
44

1%

100

35%

Aug
Feb
Aug

27%

27

27

Nov

50

27

21%

Jun

3%

•

3%

700

2

Feb

3%

400

21

Jan

y24%

Sep

Power

Piedmont
A 6

Valspar

Corp

common

II

4%

Venezuela

Syndicate

200

4%

Jun

4

6%

64'/„

65

40

61'%

Sep

71

27%

28

300

25'%

Jun

3%

Jun

5%

1% May
10% Aug

3%

Nov

5

4%

...

1,400

.

3%

3%

3%

800

13%

13'%

13'%

100

Apr

3'As

mtge

Oct

Jan

Elec

i

•

Baking voting trust ctfs ext_*
preferred
100

1%
$2

—•'

1% Aug

Watch

9%

9'A

9%

v

1%

1%

w

10%

10%

11%

250

1

1%

1

,1 %

4

Aircraft

Corp

1

Wentworth Manufacturing
West

Utilities

Texas

$6

preferred

Western Maryland Ry 1%

Tablet

Western

&

Wichita

IWm)

6%

Wickes

(The)

Williams

Corp

(R C)

Wilson

Brothers

Winnipeg Elec

w

Petroleum

Woodley

Woolworth

6%

W)

(F

American

34%

4%

,,

'■

2%

7%
7

__'

Edison

5s

22

May

3'A

Jun

9
8

8% July
2% Apr

Oct

5

100

Jun

23%

15% Mar

j,A

Feb

Apr

33

13%

2,100

104% Mar.

■:

Jun

8%

Jun

13%

ij

10 V.

Aug

14

Jun

8%

1970

2Tft

or

Thursday's

Bid & Asked

High

Bonds

105%

100 %

106 % 106 %

1

105%

106%

106

104

165

100%

104%

108%

160%

106% 106%

4163% 166

104%

1940

1

1947

107

$87

.

76'A

90

123

,

95'%
130

74%

63

77

45

45

18%

52

45

46

18

52

60%

30

60

60

28%

52

$71

A-O

J-J

A-O

46

Washington Water Power

$53
$25

Hotel—
91

M-S

—1954

debs

income

A5s

$25

1950
1950

coupon

Waldorf-Astoria

$58

1953

coupon

">

J-D

1960

J-D

120

1959

F-A

82'%

91

97

107%

106%

108

120

120

118%

120%

103

103

100%

103

$107

1964

3%s

West Penn Traction 5s

Western

103

Union—

Newspaper

6s conv s f debentures

(Bait)

89%

14

88%

91'%

1

104%
102%

104%

M-S

105%

105% 106

21

105%

107%

98% 100

463

1954

99%

87

104%

4105% 106%

4s ser A
A 1st mtge 4s ser B

1993
1993
1965

J-J

105

111%

4111%

107%

1956

39%

39%

11

32%

48%

4

96%

100%

118

116

1

118

454

M-S

63%

40

100% 100%

100%

49

13

GO

33

52%

55%

99%

4100

J-J

19e3

& Western RR—
(coupon on)—
Ex-coupon market
International Power Sec—

452%

M-S

1950

J-D

65

102%

102% 103%

103% 103%

103%

43%

1958

-~443%

*

reduced

series C
(Dec l 1641 coup)

40 %

43%

to

.

45

37%

46'%

41%

49%

34

34

61%

80

3

26'%

32'%

97

15'%

19 Va

24%

30

U-N

J-D

$40

M-N

$47%

„

$47 '/a

A-O

—

J-D

$35%

™

J-D

$73

76

J-J

r'

2Vis

Government

6%s

1997
2012
1919

32'%
19

J-J
J-D

22 J%

18%

19

$30

32

M-S

2'A

2

2'A

42

2

3%

J-J

1921
nar

2

2

2%

3

2

3%

40

81

17

31%

5

32 '/a

31%

81

79

82

5

37

82

tlve-

80

18

32

80

"w

82

.1952

79

Slock and Bond Averages
closing averages of representative stocks and bonds

the New York Stock Exchange as compiled by

-Bonds—

20

15

Rail¬

Util¬

trials

roads

ities

49.50

39.35

68.30

49.24

39.16

68.06

SReported in

10

used

above—"cod," certificates of

"conv," convertible;

i,"

when Issued;

"M," mortgage; "n-v,"

"w w," with

First

Second

Grade

Grade

Util¬

(35 Stocks)

/

Rails

ities

Bonds

102.86

103.73

85.84

105.66

99.52

102.81

103.61

85.82

105.71

National Quotation Bureau, Inc.

99.49

10

Total

Date—

.

.

Range for 1949

Closing

Nov.

9

-

Election Day

Election Day

High

34.38 Nov

9

7

34.27

Low

27.79 Jun

15

8_.

9

Nov.

—

—

34.24

Nov.

190.89

8

trials

5

Nov."

5

7

Nov.

Stocks

Nov..
Nov.

191.37

65

10

Nov,

11

Closed
.

48.65

39.19

67.82

102.88

103.64

>86.03

105.70

34.38

—

34.35

High

Closed

Low

99.56

190.42

48.30

39.12

67.65

102.81

103.86

86.13

105.75

99.64

11




Armistice Day

—

Armistice Day

Range for 1948

—

-

190.60

"cum," enmula^

trust ctrtilicbtes,

Over-the-Counter Industrial Stock Average

40

Rails

deposit; "cons," consolidated;

non-voting stock; "vtc," voting

warrants; "x w," without warrants.

10

.10

transacted during current week.

receivership.

Abbreviations

Compiled by

Indus-

;
Total

80

Indus¬

prices; no sales being

si*

being traded flat.

•>

Dow, Jones & Co.

-Stocks-

dividend.

77

16

77

81

70%

7-3

included

n

$Thursday's bid and asked

46

32%

77

79

value

Odd^ot transaction

principal

80 %

.1952

Below are the daily

33%

58

8

45
81

74 %

.1957

coupon)

24%

a Deferred
delivery transaction (not Included In year's range),
d Jjfc-interest.
(not
in year's range),
f Ex-distribution, g Ex-stock div.
h ExUnder-the-rule transaction (not included In year's range),
r Transaction for c
(not included in year's range).
x Ex-dividend,
y Ex-rights, z Ex-liquidating
,Nn

e

75

F-A

.1957

series F

15%

32'A

$31

1972

A5'%S

75

.1955

coupon)

12%

13%

1947
1947
1931

(ser A B C

A Bonds

series E

82

6%

16

1951

D E)
stamped (Plan A)
Interest reduced to 2%

81

J-D

.1955

A6%s

83%

$13%

2008

stamped (Plan A)

Is to 2%s

54

Guantanamo
A

t.70.%

425

1953
.1961

Mountain Power 3%s

■

$7

Rio de Janeiro

118'A

Residential Mtge Bank—

Grand Trunk Western Ry 4s™

***

•\70

H'

M-S

(Republic of) —

Peru

ARusslan

stamped

■

78%

"

J.J

1952

7s stamped
Bank of Bogota—
A7s (issue of May 1927)
A7s (issue of Oct 1927)
AMortga'ge Bank of Chile 6s
Mortgage Bank of Denmark 5s

Interest

A6%s ex Nov l 1947 coupon

71%

46'%

}

79%

$76

$75

.

ALima

Parana

5s

717A

37%

112%

55%

54

54%

1940 coupon,. 1953

Nov.

High

3

42%

42%

F-A

Mortgage

Marelli Elec Mfg Co—,,

No v.

Jan. I

Low

$70

M-N

:

106%
105%

102 %

106% 106%

May

Eastern Gas & Fuel 3%s

Nov.

Danzig Port & Waterways—
AExternal 6'%s stamped

100

99 %

4104% 106

M-N

1st mtge

io.,——

J-J

Range Since

Sold

No.

High

$70

J-D

City (Peru) 6'%s stamped.1958
Maranhao stamped (Plan A)
Interest reduced to 2'As
2008

99%

105

105

A-O

Nov.

Bonds

Thursday's

Bid & Asked

A-O

1955
1953

5%s

AMedellin

mtge 4%s
Delaware Lack & Western RR—
Lackawanna of N J Division—

Date-

or

107%

5

89%

—

Gen

(July 1941

Sale Price

Bank

External

(Bait City)—

1941

Week's Range

Last

Period.

Municipal Loan—

Cons

External

104% 104%

A-O

& RR

Interest

Exchange

(Col) —
A20-year 7a
April 1940
A 20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Agricultural Mortgage

103%

M-N

—

A6'%s with Nov 1

Thursday
New York Curb

108%

1969

—

Lt & Pwr

Foreign Governments & Municipalities

89%

"103% 103%

1962

on

1

Dec

ex

92'%

103%

1981

listed

A7s

83

J-J

A7s

104%

$125% 135

1946

1 1947 coupon
Service Co—

A7s with Dec

55

A-O

1976

A 78

$106% 107

1940

;

i\

<108%

89%

J-J

(Aug

Electric

101% 103%

J-D

A7s

102

—

Corp—

A6%s ex Aug
United

107

102

M-S

1969

A 7s

99%

109

1966

1977

r

104

Low

1958

3s

.iA6%s

$102

U-N
A-O

<
,

BONDS

J-J

1st ref 2%s series R

-'

105

106%

1960

Industries—
stamped

'2nd

High

1978

2%s conv debs

,

106'%

104 c
103 7A

Hydro-Elcctric Co—
A6%s with Aug 1 1940 coupon—1953

Danish

1st ref mtge 2%s ser Q

■'

105%

106

F-A

1989
1950

trust

Jan. 1

Low

No.
10

M-S

ref mtge 3s ser P

ser

4

106% 196%
$104

$103

Range Since

Sold

108% 108%

J-J

.1954

Jan

Debenture

6s

106'A

Week's Range

J-D

1948

5s„,

Green

106'%

(Hugo)

Apr

Corp—

___

Debenture

6s

101'%
114

103%

„

105'A 105'A

Nov

ltt Jan

5,500

> 108%

Q-F

Debenture 5s

Finland

lOO'/a
109'%
20

$101% 102'%
$109%
105'A

-

Cities Service 5s

Ercole

161%
105

Jan

x6%

A

100

8

"2% "2 A

J-D

™_,.

Electric

Elmlra Water Lt

105%

Terni

Oct

98

Last

1998

2%s.

Gas

148%

101'/a

160% 161%
$105

J-J

1970

3'As

Elec

&

5s
inc 5s

3rd stamped

A7-4s

Jan

13

400

Gas

Corp

(Hugo)

Stinnes

v

Apr

11

32

Sale Price

1960

_

3%s revenue ser of 1947

Consolidated

55

—

-1971

collateral

A7-4s

Jan

Feb

xl3

(Calif)

Gas

mtge 3s

Stinnes

May

7

'imiif

I'eiiod

6s

debentures

Gas El

;

Sep

19

Chicago Transit Authority—

1st

Counties

Oct

16

Jun

2

15% July

150

Interest

•

Exchange

debentures

Ccnsol

Southern

5s

Jun

Canada—

of

C™

States

26

60

Jan

400

J-J

5s

Feb

36

5%

4%

8

™

1964

•5'%s

26

Jun

14

,,-A'

"*2 JV

*

City Electric 3%s

Central

155

Jun

100

-

13%

12%

Atlantic

Edison

161%

M-S
J-J
F-A
A-O

1965 '

3s

3'As

Gas

California

:■

Apr! a

Jun

200

\

■

xl3

J-D

Boston

8%

.

27 %

100

31%

1970

Steel

107

'

v;
_„V;

Appalachian Elec Power 3 Vis

series

Apr

21%

100

16%

Low

Telephone

1%

Sep
Feb

100

15'%

Thursday

5s

99'A
107

105%

£1

BOND S ;

Bell

106%

93

105%

Ltd—

deposit receipts

New York Curb

Bethlehem

A

108

103

106

$106% 107%

M-S

1973
1970

AStarrett

115%

•

-

4%

8

preference.,™™™

-"

.

106 %

105%

15

198
106

IL-N

1952

6s B_„

1973

Southwestern

Jan

50;

13%

,.

32

2

Wright Hargreaves Ltd

:

105%

104%

J105% 106

A-O

1952

A

series

Spalding (AG)

112

''

800

6

13%

pfd_™™100

common

65

103%
*

J-J

3s_1981

California

1st

1'% July
4% Oct

20'% Mar

22

7%

♦

common

™

16%

jU, ■

1

Wisconsin Pwr & Lt 4%%
Woodall Industries Inc

'

2%

25

;

Feb :.

6'% May
■Vv'r

,

15%

16%

■

common

preferred w

5%

V;
__

*

& Co

"•

138

Products Inc—

Willson

57

1

3

.

105% 103

106

J-J

1998

debs

Southern

Oct

Nov

% July

'

32

1
1

103%

Jan

11%

1

W'-'.

__

10
5

Corp

109%

100

$25

ref M 3s ser B

Mar

2%

2%

1,200

22

33

_10

& Co

111

I® May
6'% Jun

■

.

—

20

Oil

>■;
-

*

com

Inc

River

4%

'-7'z

1st pfd__100

Stationery

Weyenberg Shoe Mfg
Whitman

i

—

*

Westmoreland Coal
Westmoreland

%

1.25

.

Jan

6,600
2,250

i

'

—

Baking Co warrants

Warner

9%

1,200

4%

t c

Apr

7% July
108% Sep

1,000

1%

30

Co

1%

••

l

preferred

cum

Ward

46;.

108 %

60%

60%

$105'A 106

$55

Joaquin Lt & Pow

1st &

-

Waltliam

21

1*
4

—

105% 105%

105%

1960

3 VaS

>

Wagner

Waitt & Bond Inc

22

103% 103%

103%

Co—

Gas

&

Southern

Co

52%

Co—

coupon

Safe Harbor Water Power Corp

W
Aircraft

46

+108% 109

1940 coupon__1960

1947

1

Queens Borough Gas & Electric—
5%s series A

San

Waco

87%

27%

™

Oct

,13%

.

-20C

Inc

Manuafcturing

-,j

Hydro-Electric
ex

50-year

34 'A Mar

1st

Service

Public

Jan

64%

27%

Petroleum

Venezuelan

Vogt

5

to

Light 4%s

%s with Oct 1

A6%s

S4
convertible
preferred
Vanadium-Alloys Steel Co

4%

Power 3'As

GO

38%

45%

J-J
J-J
F-A

A-O
A-O
J-J
J-D

Ohio

Oct

23'A

——

3%S.

A-O
M-S
M-N

at
Gas

High

62

9

$25

1963
.,1969
1950

We

1968
1st mtge 3s
1971
Park Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
3%s
1970

Oct

23 %

3 %

5

coupon

1963
1967
1961

Extended

86%

50% July

24

1%
44

1947

1

+55

1952
1952

coupon

McCord Corp deb 4%s
Midland Valley RR—

4%

1%

10

common

Light common

Nov

Superpower

3%

10

Sugar

Power

ex

Altallan

Jan. 1

Low

0.

Co—

1940

1

Kansas Power & Light

86%

4'%

10

Universal Products Co
Utah-Idaho

86

50c

Consolidated

Jan

16 V4 May

4%

1

Universal

A7s

Oct

1%

12% Mar

l'/4

1

Universal

10%

% July

600

with Nov

3%

•

common

United Stores Corp com

1,300

%•

Isarco Hydro-Electric

86 '%

J-J

ctfs

escrow

A7s

Range Since

Sold

High

Co—

Power

A Debenture

85%

•

^nd International Securities™
1st preferred with warrants-

U S Rubber

300

14

.

——.1

—^

Radiator

$5

42% May

4,150

S9%

Interstate

Apr
Jan

6%

44

39%

1%
7V4

37 V2

46%
39%

Jun

Aug

Bonds

Bid & Asked

High

'%

25

Shoe

Preferred

Week's Range
of Thursday's

.

LOW

4%

25c
10
Machinery common—-25

preferred

United

U

Low

High.

Last
Sale Price

Period

New York Curb Exchange

Range Since January 1

Profit Sharing com

10%

U

Thursday
Interest

BONDS

Shares

33.

11

for Week

of Prices

Par

NOVEMBER

Sales

Range

Sale Price

Exchange

New York Curb

Week's

(1941)

EXCHANGE

CURB

YORK

NEW

CHRONICLE

FINANCIAL

&

COMMERCIAL

THE

Number 4855

170

Volume

—

37.83 Jun 10
,—™

32.37 Dec

29

34

(1942)

THE

COMMERCIAL

Transactions at the New York Stock

&

FINANCIAL ^CHRONICLE

Transactions at the New York Curb Exchange

Exchange

Daily, Weekly and Yearly
Stocks

Railroad

Number of

and Miscel.

Week Ended Nov. 11, 1949

Saturday
Monday

Shares

Foreign

*

2,976,000

Government

Bond

Bonds

—

401,000

$1,316,000

1,000

4,365,000

Tuesday. iw-w,

3,212,300

3,817,000

£,872,300

Wednesday
Thursday
Friday

340,000

Saturday:.

1

4,316,410

$10,789,300

$1,480,000

.

$7,000

-

:

.

Monday

Holiday

Total

L—JJLLk---

:

1949

7,468,980

37,000"

;

282,163

—

—i—,—

Foreign

—

Stocks—No. of shares

Total

——T-i

1,480,000

1,267,500

79,261,270

$8^4,000

$161,000

16,941,000

590,380,900

$12,276,300

$18,255,500

$671,005,670

$899,178,840

OTHER STOCK

Week's

://"■

V

Pur

American

Agricultural

American

Sugar

Chemical
*
Refining
——100

American

Tel

Tel

&

American

Woolen ——

Anaconda

Copper

*
50
100

Boston & Albany RR

Edison

Boston

24%

40%

Stamped

—

19

3,043

210

High

34% Mar

46%

32% Mar
138

Common

stamped

150%

Jan

7%

prior preferred
class A
cl

Boston

stamped

Personal

Feb

Crane Co common

Jun

35

Jan

100

Apr

120

Jan

Dodge Mfg Corp common
L
Domestic Credit Corp class A
Eddy Paper Corp (The)

22%

Jun

38%

2,528

40

July

46

Oct

14%

14%

380

12

Aug

19%

Jan

2%

Jan

Flour

2

2

v— 65

1%

Jun

32

32

32

Simons

275

29 %

July

19%

19

Fox

4%

13

3% Jun

6

Jan

General

Brewing common
Candy class A

19%

300

19 %

Nov

General

Finance

4

98

14% July
3% Jun

37.76

20

31%

65%

267

—*

11%

11%

11%

20

3

5%

Jan

Feb

37.76

Nov

38% July
8% Jun

65%

Oct

%

Jan

12

i

Lines

SS

General

Gibson

National

Inc

General

General

Co

Mathleson

Chemical

N

New

(N H)

Stop

&

Shop

United
6%

Inc..

Oct

May

Hein

37

Oct

Hibb

67%

Sep

Illinois

49.55

49.56

12

42.20

Jun

49.56

Nov

Indep Pneum Tool

38%

39%

1,152

33%

Jun

40%

Jan

Indiana

32%

34%

228

23%

11%

11%

75c

7&C

49"%

50%

—

38%
__

11%

*

—

—

15

10%

__

,

1

Acme

Steel

Co

'■

15

130

125

1,800

>

97

14%

40

13
876

4

50

1%

110

5

95

127

19%

34% July

42%

Sep

La

46

59

Sep

Lealh

Jun

Aetna

Ball

Allied

Laboratories
&

Asbestos

1

Co

Mfg

*

common

Ext

8c

Co

Co

Automatic
Avco

Univ

8%

Jan

10%

Nov

94%
9%

Oct

Middle

Jan

Miller

5%

Jun

22c

Oct

96

Aug

13%

Nov

45c

Jun

11

1%

Jun

Jun

Jan

53/4

Apr
Nov

35%

52

52%

2,768
1,150

443/a

Jun

54% Mar
52% Jan

18%

Oct

36 %

Nov

44

__

39%

39%

10

33

%

34%

270

31%

43%

Jan

x28%

28%

993

2Q3/4 May

29%

Oct

42% May

38% May
Aug

40%

.

$1

Field

8c Co

West Corp
Hart

&

Mfg Co
Aviation

common

*

Week's

Oct

Range

for Week

of Prices

Shares

Low

45%

45%

Burd Piston

Ring

National

Oak

High

Low
100

45%

37%

High

Jun

6%
1%

20

100

18,'

Oct

46% Oct
20% Aug

29%

1,600

15%

Feb

29%

5%

300

4%

Jun

6%

7

22%
-

23

900
800

145% 146%

6%
1%

1,100

6%

700

5%

6% Sep
17% May

Nov

10%
23

Nov

150%

Jan

5

Jun

7%

Jan

Apr
Aug

5%

1%

200

1

4%

200

2

50

5%

5%

6

1% Aug
Jan

1%

Jun

2%

Jan

5

Jun

7%

Jan

15%

Feb

Carr-Consol

Illinois

Central

111

common..

Light

com

Corp
Convertible preferred

11

Jun

27

Jun

common

1

footnnte*

5

13

Parker

Pen

Peabody
5%

5

Co

Coal

5i#>e

nog©




5

14 %

14%

1,700

10% July
14% Nov

11%

11%

650

8% Mar

50

1

5%
13

300
100

Penn

Elec

Peoples

Lt

Gas
Co

Jan

73

Oct

Nov

Jun

Jun

9%

Jun

333A

Jan

15

Oct

17

Jan

18

Sep

Jan

Oct

4%

*

34% Mar

Jun

73/4

Jan

Jun

10

&

Bend

Lathe

Stewart-Warner

Sundstrand
Swift

&

capital

Trane

Co

;

'

*

Co

13%

(The)

U

S

Steel

Feb

6%
10

8%

Oct

15 S/8

Feb

7% Mar

Jun

14

July

63A

Nov

Jun

8 3/a

Sep

xl4% July

21%

Nov

24

Jan

19%

Apr

450

2%

1,400

13/4

4%

9% July
Nov

2%

50

10

220

3

Stores

Wisconsin

Woodall

10"

26

Jun

Mar

25%

250

24

Oct

313/4

Jan

X25%

"

26%

200

22%

Feb

26%

9%

1,150

6%

Jun

10%

Oct

Jun

233/4

23

26

'

23

50

6% "7 6%

6%
16%

20

534 Aug

1,200
100

15

300

14

14%

1,400

14

Nov

17%

100

106

Aug

115%

Nov

6%

6%
26%

200

41%

42%

1,000

11

11%

300

23%

23%

100

11%

11%

600

23

233/4

1,000

5%

Yates-American

Sep

200

4%

19

Jun

9

150

26%

15%

%

15

Feb

6%

22% Aug

29%

,

41%
23%
23

.5%

cum

American Radiator

Anaconda
Jan

17

17

43%

oct:J

13%

Jan

22

Apr

28%

Jan

10%

Jun

13% "Apr

19

Jun

24%' Sep

*!

Jan

i!
:;

6%

4% Aug
13% July

100

21%

300

Jun

10

500

36%

Feb

453/4

Nov

Jun

14%

May

Sep

123/J,

123/8

100

9%

:7%

7%

700

5

15%

153/4

"9%

•..9%

'

10

10

50

133/4

Jun

15%

Jun

.11%

Jan

27%

Jun

33%

NOV

Feb

-65%

Nov

83/4 July
20
May

L*3%

Jan

33%
63%

10%

10%

?6%

27%

'40%

40%

13%

13%

24%

25%

27%

27%

83

83

11%

11%

750

12%

12%-

150

800

27%

•

.

*

24%

12%

prior

T

pref__*

83*.
"11%

•

2

s

capital-

,

200

"

e

49%

'100

>

450

'

I'

'

H

,

34

Jun

10%

Jun

14%

Nov

3,800

20 V*

Jun

25%

Oct

100

20%

Jun

29%

Oct

5

Inc

13%

Jun

17%

Feb

Armco 8teel Corp
Atchison Topeka & Santa Fe

fi%

.Tun

9%

Jan

Bethlehem

2

Feb

Oct

2%

Oct

Pacific

common

Ry

Co

150

11%

Oct

Certaln-teed Products
Columbia Gas System Inc
Continental Motors

1,900
47,900

10%

Jun

13%

Oct

Curtiss-Wright

1/256

Nov

1/128

Nov

Farnsworth

9%

Nov

13%

Jan

General

Jan

18%

com

Copper Mining capital

50

34%

.150

9%

9%

•

14%

143/s

Radio

Co

1,100

73% July

"10%

83

Jun

9

Jun

12

♦«■

!;
.;,

Nov t
Oct

■

-

-

*

13 %

9%

Nov

16-v,, Oct

July

50
—10

Jun

3%

.

,.

Oct

,«10% July

Jun

29/

900

25%

Jun

27%

28 %

27%'

700

30%

700

23%

Jun

33%

29%

25

14%

14%

•

700

10%

Jun

15

Sep

Jun

14%

Oct

Jun

11%

Apr

1

II %
5%

11%

400

10.,

;5%

5%

800

7%

•

7%

400

5%
7%

I

38%

38%

Jan

35

Jan

600

Jun

May..

27%

Nov

103%

Jan

Jun

8%

i

Jan

Jan

9%

Apr

Mav

7%

Jan

34% Jun

39%

Jan

1

38%

;

Jan

14%

19%
86.

29%

143/4
'

100

•

Feb

7%

10

-9%

28%

—*

1

2%

500

■-

*

•

Tele &

Electric

new

100

'

1

8c St San

100

Oct

13%

,13%

'"33

1

Lines

8%

% Mar

:

»

1J

V

17%

Canadian

5

.

;

'

200

.

;

i

27% Aug,
413/4 Jan

1,700
.

:■'

Nov

6%

62%

62%

.

Mar

1,750

:•

32%

10

common

!

Jan

8%

7

7%

1 i

—2

capital

:

•

Jan

8%

25

—

8%

% Mar

Jan

Jun

8%

45%

25

17%

4

'

Jun

34

Stocks—

Steel

•.

Oct';"

.8%

common^—_5 '

Corp
Air

Nov

X44%

5

stock

Mach

Jan

Unlisted

Jan

—25

common

,

Jan

115JA 115%

.

•

capital—5

(new),

Inc

Jan

16%

13%

14

<

Jan

8

16%

—

——

i

Nov

9%

9%

1

common

Bankshares

Industries

22

12

Jan

43/1 Mar
59

Jan

6% July

Sep
Jan

14 %

May

100

11

Oct

3%
52%

47%

Oct

13

jun

2,200

11

3

Sen

283/4

Jun

53/8

52%

Nov

Jun

6%
10

113/4
7

5

11

3

•

Westinghouse Elec & Mfg

Jun

125

11%
2%
-

5

Jan

5

Jun

23

300

5*

common

14%

9%

2%

Jan

2

Union Carbide & Carbon
United Air Lines Inc

100

9%

21 ¥4

11

*

capital—

common

17%

gi/4

Jan

100

21%

2%

•

—

17%

.

18%

9%

*

^

Alleghany

17%

Sep

Jun

13

200

-1

common

(The).

Corp

American

123/4
12%
1/256 1/128

13

I

Texas

Thor

Oct

12%

53

Jun

600

21

.00

common

Mach .Tool

Co

Oct

18

Nov

Apr

100
-

21

.50
cap

common

Corp

Noy

~~

6%
14

'7% : / 7%

73/4

—V

v

.10

Container Corp common—Storkline Furniture common

56

33%

Nov

7%

600

21 3/4

.'"V

25-;

Stone

55%

100

,

25

Works

Ind

of

11%

400

Mar

22

300

21

_5

common

Oil

Apr

2%

63/4

■

14

:

• *

Feb

34

•M.W

•

capital

Corp

Mar

2%

'

.

•

Prod

9

34

-

.

1

40

400

'

-

II-

common

Co

43

3%

22

Feb

37

2,600

73/8
13

Oct

.Tan

15%

300

'

v

12%

IP

10

28

7%
123/4

0

•

■

;

-

Roebuck

100

3

27%

—

—

>

Sangamo Elec Co

200

3%

5

7%

1

common—

500

350

7

12%

-10

Coke

&

(The)

52

8%

7

27%

-5

Pennsylvania RR capital
Potter

55

8

100

"1,400

!5

•

Switch class A

11%

8

22

22

7

-1

common

52

11%

22

21%

21%

II

common

Co

54%

1/256
common

11%

14%

—7/7

common

prior preferred

55

a—1
*

11%

300

vtc

common

Standard

11%

_*

—

Cherry Burrell Corp
For

wd

common

Rights

100
200

10

Secur

Central 8c S W

12%
33%

,—12%

Biscuit

Central

12%
33%

2%

Burton-Dixie Corp
Butler Bros common

11%

Jan
1

Jun

2%

1,300

Nov

138%

2 %

1

83/4

15

«

Bancorp common
Manufacturing common

Spiegel Inc

5%

6%

5

common

100

'

4%

*

15

14%

Northwest

Standard

20

5%

1

Bruce Co (EL) common.—

Nov

6

500

14%

..5

prior preferred—:

South

Range Since January 1

28%

29

1

Brach 8c Sons (EJ.) capital

24%

.

Sinclair Oil Corp

2 %

10

n
12%

v..

52

11,300

73/4-

550

common

Society Brand Clothes

Sales

5

Berghoff Brewing Corp
Blnks Mfg Co capital
;
Borg (George W) Corp
Borg-Warner Corp common

100

73

•

capital

Inc

Signode Steel Strap

10

—

33%

15

Montgomery Ward & Co.

Wieboldt

Belden
Bendlx

Nov

250

Monroe Chemical Co common——-—

Jan

46%

3

Mfg Corp..

6 3/4

Jan

Feb

19%

,

Feb

29%

Jan

7

4% Aug
12%

Mar

173/4

3% Aug
76c

Jan

108

Nov 7.

4

common:

Jun

5%

"1,200

12

Mickelberry's Food Prod

Apr

79

3

Washer

Jan

33%

1

Marshall

25%

23

1

common

Athey Products Corp capital

14%

10

50

63/4

7%

_♦

common—

Jan

15

27%

Salle

153/4

125

146

5

Oct

Jun

13

37%

common

Jun

400

*

capital

14%

12

Harvester

Co

103/4

18%

100

common.

Tel Co

6%

Jun

69

1

ll3/8 May

7% Nov

36%
26%

10

5

Castings

Bearing common.

American Tel &
Armour

:

common

Aluminum

Jun

6%

350

\> 150

37

Libby McNeill & Libby common
Lincoln Printing Co common—

25%

46%

Drug

56%

18%

„

International

Jun

36%

Last

common

new

Corp

4

6 Vs

12%

12

common

70

__

Par

Advanced

Sep
Jun

37

common

27

4%

Sale Price

Admiral

9%
9%

25

common

Katz

260

18%

Prod

Kellogg Switchboard

2,115

4

Steel

Apr
Jan

10%

Thursday

(new)—5

50

100

95

Jun

46

71 %

•

Nov

Chicago Stock Exchange
common

125

33%

1

Shellmar

Laboratories

Jan

-

93/4

5%

10

Serrick Corp class B common

Abbott

3% Aug

11

.

1

common

Nov

Sears

STOCKS-

Jan

73/4

Jan

12%

3

5%

52%

.

31%

Jun

2%

_10

11%

26

25

Jun

5%

50

6

•

common

34 %

36 %

.

Sep

22 %

100

11%

11%

.

•

capital..!

Co

Jun

91%

90

1

4%
__

25

Corp——12.50

.

Brick

8% Mar

115

14

14%

„

Oct

Jan

25%

350

9%

*

cap

75cJun

7%
15%

97

—

10

Electric

\

7

Werner Corp
Spencer Bartlett

new

35

6%
6%
27— 27c

91%

\ 27c

•

Co

7%

__

5

65%

28%

Jan

5% :V
so

1

common

200

40%

10%
"*

100

55

15

'

-10

-1

40%
54'%

„

—*

Shoe Macninery common
preferred'———:

,

—

*

Inc

Westinghouse

19%

Jan

-25

Drill

Rubber

19%

Jun

—50

United Fruit Co

U S

23

Feb

15 % Aug

25

"3%~"

11

♦

common

Brew Co.

19%

2.50

Webster

Twist

Heileman (G)

29

100

—

Torrington Co
Union

Jan

53%

2.50

-

Machine.————

Folding

39

240

100

Rexall Drug Co
&

Aug

277

100

Hartford

&

————

Stone

25

36%

5

Pennsylvania RR
Quincy Mining Co.—_
Reece

55

67%

20

North Butte Mining—
Northern RR

37%

Nov

x59

3%
80

10

-

common

Instrument Co

36%

1

—

Haven

Harnischfeger Corp

37""""

*

——

System
England T61 .& Tel—,—-

Y

Hammond

Oct

3

64%

Corp———

Linotype

England Electric

New

Jan

88%

19%

•

Narragansett Racing Assn
New

68 %

; ' Aug

273/fe

Oct
Jan

65%

,

Jan

Jun

75

36%

—.—_1

Copper

Nash-Kelvinator

6%

57

15

_——15— 75c

Kennecow

Mergenthaler

Feb

80

64%

•

—

Roy ale Copper

60

77%

•

•

Razor

Hathaway Bakeries

4%
61%

77%

2,500

.

5%

1

common
Dk

&

37%

Corp ——;————1

Safety

Dr

61

•

Electric

Gillette

Lakes

H)

•

Stores

Capital

4%

(W

350

29 %

27%

„_5

Motors Corp common
Refrigerator Co common

Co

39 3/8

22%

10

Gillette Safety Razor commonGuldblatt Bros common

100

633/4

-

1%

Corp comomn——

61
77%

—

100
100
100

Assoc

Employers Group

Isle

100

:

—

Auto

(Peter)

Great

preferred series A—
preferred B
preferred adjustment

Drive

Jun

Jun

28%

5

Four-Wheel

43

61

453/4

Co-

Inc

Jan

63%

—

America

Jan

37.76

10

of

100

High

11%

Feb

9

1,600

20%

*

Mills

633/4

63%

28%

—_*
D

Low

1,300

55% x59

1

&

5%

4

4

--—1

——

1st

First

D

3% July

4%

—

•

„-

Common

Eastern

Connell

112

Eastern Mass Street Ry—

5%

55%

Range Since January 1

High
11%

—.10

Common

Gossard

6%

&

Shares

11

25

4%

4

for Week

Prices

63%

5

371

25%

11%

25

common

140

70

$53,233,000

Sales

Range

10

common.

25

45%

_———————5

Copper Range Co —

6%

Co

29%

2

100

Prop Trust

Century Shares Trust
Service

Service

24%

100

pfd stamped—

Calumet & Hecla
Cities

Week's

o1

/

2%

28%
44%

,

100

_

1st pid

1st

C

$41,714,000

Low

1

*

-

Coleman (The) Co Ine
Commonwealth Edison

Fitz

—.———100

5%
1%

Cities

Sep

40% Aug

Jun

L

preferred

Chrysler Corp (new)

14%

100

——

$946,000

Railroad—

Maine

8c

1,564,000 *1

Sale Price

common

Convertible

Boston Elevated Railway—

Boston

7,677,000 \\

1,536,000

H

Chicago Corp

Range Since January 1

45%

.

8,597,000

17,000

EXCHANGES

108'/a 109%

!

—

__

25

.—

447/a

40%

149,000

Par

Low

44 %

__

146%

.

Last

High

145% 146%

—

...

100

$43,992,000

Thursday

Shares

Low

•

$31,581,000

$1,033,600

Total

for Week

of Prices

Sale Price

i

$780,000

28,000

STOCKS-

'

'

65,704,621

161,000

Sales

Range

1948

52,698,034

government

Exchange

Thursday
•>'•••;-7.Cast
«

1949

1,638,590

Foreign corporate

RANGE FOR WEEK ENDED NOVEMBER

STOCKS—

Jan.lto.Nov.il

1948

$844,000

Foreign

821,669,800

Doslon Stock

$28,000 J $1,033,000

'

Domestic

72,440,040

10,789,300

—.—

.

427,000

1,129,997

j,.

Bonds

3,804,000

—

Industrial--

&

23,000

Holiday

-

1,129,997

$1,205,000

890,000

._x-

—.

Railroad

$473,500

28,000

$7,000

—-

196,000

98.000

306,000

.

..

_

Week Ended Nov. 11

261,923,212

$19,000

Bank

International

$5,060

■

.1948

215,603,329

Bonds
O. S. Government

329,000

Holiday

Jan. 1 to Nov. 11

1948

4,316,410

Total

$81,000

17,600

.

—

154,000

1949

shares—:

Stocks—No. of

!

Corporate

$9,000

312,000

384,464

*

Total

1949

$72,000

y

Foreign

.-

..

Government

i'

—

!

__

i

151,215
312,155

.i.

—

^

Foreign
Domestic

$12,276,300

—

Week Ended Nov. 11

.

\

Bonds (Par Value)

of
Shares)-

Week Ended Nov. 11,1949

3,383,000

Holiday
547,000

Friday

(Number

Sales

—

Jf

:)

Stocks

$6,000

1,507,540

.

Total

Bonds

$192,000

1,172,050

Wednesday
Thursday

United States

Bank

Bonds

$1,124,000

1,171,270

j-

—

Tuesday '—

Daily, Weekly-and Yearly

Inl'l

Bonds

404,650

„.

Monday,' November 14; 194SL

'

42

•c

1

&

COMMERCIAL

THE

Number 4855

170

Volume

(1943)

FINANCIAL CHRONICLE

35

OTHER STOCK EXCHANGES

Week's

Sales

Last

Range

lor Week

Sale Price

of Prices

Shares

Thursday
STOCKS—
'

•

1

•

v

*

'

"

Low

Par

<•

5
1

Motors

Graham-Paige

Laclede Gas Light

——

■

4

Nash-Kclvinator Corp

-;

'

■9

5

*

—

?

New York Central RR capital

j

Packard

c

•

Motor Car

Pure Oil

1

,v,;

common

common.

Radio-Keith-Orpheum
Republic Steel Corp common

Jan

3% Jun

4%

Jan

8%

8%

800

8% Jun

10%

Apr

21%

.'300

'

''500

4

19%

Jun

2l7/8

8%

Jan

12

Apr

Jun

33%

1,400

12%

800

22%

100

-2%

14%

Apr

27%

Jan

5%

Apr

4% Aug

-

17%

14 %

200

Jun

17%

Jun

74%

Nov

Jun

19%

Nov

Feb

26

Nov

Studebaker
,}

1

Standard Steel Spring—

_

United

&

—

26

1

—J-

26

11

11%

•

Corp

Wil6on

25

1

Corp common

Sunray Oil Corp—

11%

4%

4%

16%

3,500

,

800

9%

2%

Jan

11

•

Co

11%

Jun

1,000

5

—

common

Detroit Slock Exchange

Oct

60 %

1,800

71%

'

,

Jan

30

Apr

12

16%

.71%

16%

25

11%

Jan

'*«

r

preferred

N O

C

&

Cine

...

li.

:

T

Gibson

„

Art

20

29% .31%

188
20

100

16

76

100

t

81
4%

81

74%

74%

75

I 18%

—10

.

;
1

18%

19%

.—25 i:
50.

Bell Tel

Sub

Eaglc-Picher
t.
Formica Insulation

5%

—*3—"

—

81

5%

Feb

4

26%

115

Oct

32%

Sep

Frankenmuth

104%

Sep

Fruehauf

90 %

7%

Jan

Gar

'76%

Jan

Gemmer

.Jun

•.
'

157/g

39

122

53

50

...

.

Jun

19 % Mar

23

...

Jan

39

44

Jan

Nov

Oct

55

100

19% July

21%

Jan

59%

414

43 Va

Jan

59 Vs

Nov

11%

11 %

50

7%

Aug

8%

Jan

78%

*

79%

21V«

56%

79%

1,340

57%

Feb

80 Va

Nov

7%

Jan

16 %

Sep

13%

13%

220

37%

40

128

July

40

Nov

50

50

50

25

40%

Jan

50

32%

32%

32%

30

26%

Feb

33%

9%

9%

30

7%

Jan

10% July

10

26%

26%

27%

571

19%

Jun

27%

100

145%

25

28%
63 %

•

7

# -

B

:

,

13%

-50

28

American

Airlines

Rolling
Tel

American

1

1

-

Mill

Service

Cities

Columbia

Gas

Power & Light
RW.trhtv.^'
'

Dayton
fipneral

,

General

Motors

Stove

—

-

National Cash
York

New

common—

General

Motors

Hoskins Manufacturing

Motor

Hudson

_

Timken
U

R

—

Electric

11%

11%

201

0%

Jun

12

Apr

McAleer

30%

30%

65

26%

Jan

30%

Nov

*

*

-

38%

50

34%

Jun

39%

Jan

50% July

72%

Nov

30%

Feb

35%

Nov

10

Jun

13%

Jan

69%

348

35'/a

1

10%

10%

72%

35%

10%

109

Tel

Tel

&

'

:i

•

Screw

RR (Un)

Chesapeake & Ohio

City Products Corp-^

Michigan

a-i.

Dow

Wheel

Motor

duPont

(E I)

(Un)

_

Packard Motor Car

13%

25

13%

Nov

17% Mar

%

141

8%

Feb

12

12%

100

9%

Jun

14

8

Apr
;

Jan

17%

Rickel
River

(H

Medusa

'Portland

•

11%

Oct

22%

Nov

Sheller

74%

Oct

Standard

27%

Oct

Timken-Detroit Axle

Jun

34%

34%

34%

50

33%

Oct

24%

25

150

20%

Jun

27%

27%

■

43% Mar

25%

Oct

*29%

Oct

i

20% May

20

Week's

Manufacturing
Tube

for Week

of Prices

Shares

1

>'•

28%

a30% a30%
14%

;

Pennsylvania RR (Un)_i
Radio Corp of America (Un)
Reliance Electric & Eng

.—

—

V

.

—

7%

Republic Steel (Un)
Bros

Richman

25

14%
10%
36%
20%

3

60%

60%

—

—

Roebuck

Sears

&

Co

Standard Oil of Ohio common
Union
US

Carbide k Carbon

Steel

Warren

For

i

.

*
2

(Un)

Refining & Chem

footnotes

see

page




42.

:

—

all%
I

11%
41%
—

'

■>

—

'

33
45
5

*

—

13%
-

i

—

33 V*.
—"

14
—
—

__

.—
__

—
—

—

1%

11

17
16

Jun ;

Udylite

B

.

165
200
480

100
40
44

:

33
45

Mar

1%

8%

Jan
Nov

3%

Jun
'

Oct

42 Va

Aug

2%

Oct

2%

Jan

100

1%

Feb

2% May

600

a

1%

Apr

,

T

180
99

350

1%

1,000

8

Mar

300

•

.

1%

Sep

2.00 Mar

Feb

8%

Feb

Oct

1%

5% Aug
1

Jan

4

2% Mar
95c

240

;

1%,

1%

.

.

Oct

20

100

16% July

20

Oct

14%

14%

100

10%

15%

Oct

800

2%

2%

Jun

32%

:

33

267/s

2

2%

July

100

3%

Jun

"711

24%

Jan

33

24%

Jun

26%

4

4

4%

Oct
Jan
Nov
Jan

26%

100

2%

2%

150

2% July

6%

6%

6%

500

5% Aug

6%

Jan

12%

12%

12%

151

10% Jun

12 Vt

Jan

18%

18%

300

11%

i.

2%

■■

1

4

Feb

Sep

3%

Oct

14%

110

14

Jun

183%

Jan

9%

400

Jun

10% Mar

9

9
A'

common

common-

18%

2

3

14%

14%

400

1%

1%

1%

8%
72c

July

1%

Apr

1,820

93c

Sep

1%

Jan

1

94c

94c

1

Oct

Jun

100

3

1

Juneau

Alaska

45% Jan
14% Jan
23%
13
46
50
35

Aug
Jan
Jan

Oct
Apr

14 V\ Oct

373
366
78

37
Jun
33% Jun

•

17% Jan

14
Oct
9% Jun

3

110

15

14% Jun

6

60% Jun0
20
Jun
33% Jun
, .

20% Jun
1% May

,

Range

Power & Light

10

Low
• -

1
•
—1
•

(Un)

Radiator

Amer

__

14% Jan
21% Jan
27% Jan
43%
43%
17%
74%
27%
42
25%
1%

Mar
Nov

Oct
Nov

Oct
Jan
Oct
Jan

~

(Un)——100
Viscose Corp (Un)
14
Tel & Tel Co

(Un)

Co

American Woolen

Copper Mining

*

Co

(Un)

Bros

Corp

common

Barnhart-Morrow Consol
Barnsdall Oil Company (Un)
Oil Co

Basin

Aviation Corp (Un)

Bendix

Cons Mining Co
Bethlehem Steel Corp (Un)
Black Mammoth Cons Mng Co
Benguet

Blue

Diamond Corp—

Boeing Airplane Co

(Un)—

Jun

4

Jun

3% May

85

27%

Jun

Borg-Warner Corp (Un)

Broadway Dept Store
Budd

Byron

Co

Calumet Gold Mines

Co

Canadian Pacific Ry Co

Caterpillar Tractor Co
Certain-teed

(Un)

(Un)

Products Corp

24%

24"%

Clary Multiplier Corp
Colorado

Fuel

&

Iron

preferred

r

24%

]S8% Jun
54% Mar
23

Jun

Feb
Jan

63

Oct

37%

Jan

29

175

25%

Jun

35%

Jan

281

20% Jun

27%

Jan

10O

94%

94%

130

5%

5%

410

5

100

8% Jun

10

10

;

16

i

675

4

4

16

45c

400

49c

15%

1.60O
60

a52%
11%

5
PI
•

a32%

7%

Jun

Apr
4% Apr

2.50 Apr
15

Sep

21

Jan

25c

Jun

75c

Jan

40

Jun

51% Sep
18% Jan

a32% a33 %

115

57%

Jun

2%

2%

2,500

29%

29%

390

4c

1,000

4c

-

.2,724

7%

7%

21%

217/?

175

5%

—

7

7,852

a47% a47%-

,

20

4%

Oct

38% Feb
46%

Feb

52%

135

7%

7%

835

6% July

11%

400

7%

50

25c

1,000

25c

Nov

7%

-

Jun

Oct

Jan

4c

Nov

-

l%c May
5
Jun

18%

2%

83%

Jun

11%

52%

34% Mar

•

2% Aug
23%

a22% a22%

i

Jan

12

Oct

7%

25c
al4

95% Mar

82% Jun

9%

.

7%

7% Jan

Jun

5

2,125

11%

11%

2%

6%
a47%

25% Mar

,

?

10
•

Jan

46% Oct
53% Oct
10

Jan

Jun

12

Oct

23% Sep

24

Apr

26c

Nov

1c

Oct

15
Sep
34% Sep
14% Oct

a63%

3%

110

10% Jun

350

28

Jun

122

10

May

59

1

14%

32%

al4 al4%

10
10
1
20

Jan

54

27

5
20c

10c
25

14%
150

6%

a52% a52%

5

Nov

Jun

*80

Oct

10% July
713 %

10% Jun
42

Nov

27

29

1

10c
2

.' Jan

8% Jan

235

'

33

6%

25

Chrysler Corp
Cities Service Co (Un)_

r

a66% a66%

*

Jackson Co

70

7

692

145% 145%

—

•

(Un)

650

14%
,

•

(Un)

100

1,910

a49 % a49 %

1
15
5

Bolsa Chlca Oil Corp
Borden Company

13
1
10

High

2%
2%

(Un)„30

Petroleum Co

Bandinl
Barker

Works

Low

25
300

Steel Corp (Un)
——^—10
Armour & Company (111)
(Un)
5
Atchison Topeka k Santa Fe (Un)—100
Avco Manufacturing Corp
(Un)
3
Baldwin Locomotive

Range Since January 1

a4

14%

k St San Co (Un)—•
8s Ref Co (Un)—•

American Smelting

American

Shares

3
3
a31% a32'%
9%
9%
13% 13 V*

—

13%

for Week

High

a4

—

a31%
'

.<■

of Prices

Armco

40
Jan
72% Nov

.

Co

Alleghany Corporation (Un)
AlUs-Chaimers Mfg Co (Un)
American Airlines Inc
(Un)

32% Jan
7% Apr

r

Gold Mining

Sales

Week's

Last

Par '

American

11% Jan
33% Nov
45
Oct
5% Sep
4% Jan
44
Nov
36% Jan
24
Jan

41%
a42%a42%
al6% al6%
a7i;. a71%
a26% a27%
a40% a40%
a24% a25
1%
1%

-

281

207
75
232
200

r

■.V

1

Aircraft

7% Nov
51% Nov
61
Nov

8% Jun
26 r July
33% Jun
3% Jun
3% Apr
33% Jun
30
Sep
20
May

17% Jun
17
Jun

.

%

37/8

8

'

1%

1%

8

—5

Screw Products

Wayne

Jan
Nov
Oct
Apr
Mar

11% Jan

718

200
50
30
200

common

Corp

Warner

American

43%
26%
12
46%

21% Jun
4% Jun
..
34 "Jun« r"
51% Mar
34
Jun
.
10 • Jun 1
13% Feb
9% Mar
36
Jun
33% Mar
v- 31% July

750

41

I

—

■

36

200

Sale Price

Jan ,~J:•a? 30% Nov

5
5%
3%
3%
43% 44
33% 33%
20% 20%
14
14,
12% 12%
19% 19%
a22% a22%

•

3%

41

72
100
.67
249
55

445

14

11
33
45

14

25
10
*

525

2%

3%

STOCKS—

16% Jan
^.180% Jan
34% Jan

1,732
July
235
Mar
50
Jun
150 iv ay 9% Jun
32 >;
38% Jun
400
4% Jun
85
43
Apr
40
.43% Jun-

.

•

—

15

Socony-Vacuum Oil Co (Un)
Standard Oil Co of N J (Un)

a27% a28%
5%
5% >'
a38%.a39
a71%a72%
40% 41
all% al2
.
22 : 22
11% 11%
41% 41 %
a49% a50 *
33% 33%

.

__

•
•

(Un)

V

—

*

*

-

41%

•1%

High

-Low-:.

11% Nov
138
Jufl i
27% Nov

42

,

a50% a51

—•

•

5

2

19%

15

Thursday

562

a43% a43%
a25% a25%
11% 11% i1,
a42% a42%
7
7%

—

*
50
•

i

Sargent

Patterson

Nov

Sep

•2%

100

1%

*

Range Since January 1

50
173

al6% al6%
14% 15 r

i

1

Corp

Packer

Oct

5%

/'

Lost Angeles Stock Exchange

'

-

11%: 11%
al45% al46%
28.% 28% ■

v

;

High

Low

11%

_

class

Sales

Range

»•

Jan

5

__

Scotten-Dillon

Apr
Jun

1
*

Ohio Brass class B

14%

Oct

Oct

20%

■

210

200

2

Raisin Paper common

17%

60%

10
*
*

;

Oct
Mar

Jan

5%
3%

1%

*

,

10%

70

4

Metropolitan Brick Inc_
National Tile & Mfg—

2%

19%

1%

14%

Co

30

25

*

B——
:
Cement—i_

(A G) class

100

Jan

6

10

&

W)

128

71 %

-

McKee

5%

41%

41%

__

Parker Rustproof

22%
26%

com

Kelley Island Lime & Trans
Lamsdn & Sessions
_!———

9% Mar

5%

*

11%

26%

(Un)———-10
(Un)——
10
Goodyear Tire & Rubber
•
Gray Drug Stores
1
J
•
Great Lakes Towing common—'
100
Greif Bros Cooperage class A—
*
Halle Bros preferred —
:
k
.-50
Industrial Rayon (Un)
!
1
Interiake Steamship i
2
—
*
Motors

205

19%

19%

2

Jun

71 %

Electric

General

Oct

5%

_

14%

71%

1

Co .(Un).—I

Gabriel

Jun

3%

20

Parke, Davis common

Anaconda

General

9%

200

13 %

13
—

-2%

Stamping

53

26%

.—15
—20

+

150

3%

Jan

■■■■

National

21%

Manufacturing ———————2

•Eaton

12

3%

•

JU

Sep

11%

Gas

;

12%

12
;

n.jJt

__

Corporation

Murray

Jan

21%

;

Chemical

14

150

0

Nov

11%

System (Un)
Consolidated Natural Gas (Un)
:—15
Detroit & Cleveland Navigation (Un)__5
Columbia

Jun

11%

common

4%

17

*

-

-

44%

10%

11%

1

__

_

_

Sugar

31%

16%

1
Cleveland Cliffs Iron common
—1
Cleveland Electrictlllpmla fwmnnn—*
Cleveland Graphite Bronze
(Un)
1
Clark Controller.

69% Nov
103% Oct

Jun

34

— —

Nov

Jan

100

-

Feb
Nov

6%

Jun

39%

-

10

6%

300

39%

—1

Michigan Bumper

32%

16%

25-

;

10

10

1

Jun

30%

_

Mfg common

Jun

12

100

;

_

Jan

6%

Jun

7% Aug
5% Jun

39%

2

Products

Oct

12%

5

(Un)

Apr

52%

1,248

72%

72%

'

10

1

LaSaTle Wines

3%

30

8%

Par

American

130

2%

24%

32%

*

Last

& Body

200

■

6%-

6%

——

10

35

56

100;

32%
30

: ;

<

.

Coach

July

3%

200

-

10

10

10
•

5

McClanahan Oil

Sale Price

American

4%

;< -

__

12%
-

S)

Masco

Thursday

STOCKS—

.

4%

Jan

3%
20%

Oct

3%

Cleveland Slock Exchange
.

17

Stamping

Lansing

Oct

•
—12.50

(new)—:

Westinghouse

(S

Co

Kresge

Jan

25
10

B

Steel

S

(Ohio)

2

105

9%

Jun

Jan

138

*

Standard Oil

Nov

65%

•
J)

200

1

34%

5

(N

Oil

2%

20%

1

common-

—

150%

Standard Brands

Oil

2%

20%

Kingston Products

Jun

Southern

Standard

Oct

Feb

3%

Vacuum
Co

4%

175

2%

-2%

Car common

Nov

13%

Socony

6%

6%

—

20%

-

Hurd Lock & Mfg common

277/s

13%

:

Nov

—

♦

common

Motors

37%

"5%

Corp

Sep

3%

4

Electric

Howell

48

60
„33%c
—*
-15

Radio

23%

Nov

Houdaille-Hershey common

169

3%

Motor Car

7%

Jan

23c

1

Goodyear Tire & Rubber

435

32%

Pepsi-Cola

Jun

54,321

—10

common

65

*
*
*

Packard

4%
20%

26c

1

_

Brewing common-

Goebel

28%

-

Pennsylvania RR

8,702
6,491

23c

i

63%

71%

*

Oil

7%
22%

—.1

Manufacturing class B

28%

;

Ohio

6%
22%

General Finance

11%

Register

Ohio Edison

Nov

67/a

7%

_1

_

Industries

Wood

30%

10

Central

Sep

1

Brewing

145% 146 %

.

-

7%

22%

1

Trailer

38%

Tel

&

Chesapeake & Ohio

Jun

6%

King-Seeley

Stores —,—-—-*

American

Oct

5%

5

Kaiser-Frazer

Unlisted Stocks—^
Allied

23%

755

Jan

Nov

10

class

16%

Feb

Feb

Oct

37%

Randall

Detroit-Michigan

Apr

21

58%
——

100

23c

Jun

63

25

38%

10

1

35 % May

20

Edison

Jan

3%

1,119

53

*

Sep

'

.

•

16

30%

'

4%

4%

39
:

•'

Detroit

High

Rights

101% 101%

--:29%

-—20

Street

Low

common

Detroit k Cleveland Navigation

Range Since January 1

Shares

■

High

5%

—5

& T P common.,.-

Cincinnati

Low

Par

Electric common_8%

Cincinnati Gas &

of Prices

'

Nov

Jun

500

23

—

9%

13%

32%

32%

Drug Stores

Davidson Bros

for Week

Range

-

32%

_

Jun

7% Mar

125
210

,

Sales

Week's

Sale Price
•

Advertising Prpd—

Cincinnati

4ft

1

-

Last

•

.

_

_

14

14

23

14

♦

Consumers Power common

6% May
11% Nov

Feb

7%

2,365

9%

9%

High

5%

1,560

11%

11%

<*.«.

*

Low

6 Va

57/B

11%
1

Machine

Adding

Cunningham

5%

Prod

Metal

Rubber

Burroughs

Range Since January 1

Shares

,

High

Low

1

Brewing

American

/V;). stocks—

of Prices

Par

Balwin

f:

Week's

Sale Prioe

Jan

Cincinnati Stock Exchange

Sales

Thursday

Sep
Oct

5

Altes

Thursday

DETROIT

Jan

9%

Jun

25 %

•

.»M—'

,

Telephone: WOodward 2-5525

Jun

9% Jun

—

——

—.

15

Standard Oil of N J

'

Ford Building

17%

'

—1%

Socony Vacuum Oil Co Inc

25

7%

12%
22%

—.

•

Chicago Stock Exchange

Oct

800

32%

.

31%

New York Curb Exchange

.

,

Stock Exchange

Detroit

Oct

8 V«

New York Stock Exchange

*

*"';

—-

•••

Members

Jan

13%

«

Schenley Distillers Corp
;

15%

9% Jun

12%

—III

Rexall Drug Inc

!

10% Jun

31%

.

•

1

Oct

200

8%

•

of America

Corp

Radio
:

8

1,700

21%

■'

-

4% July

10%

;

£

^

Jan

1 V« May

400

_

(The)

Co

4
8%

watling, Lerchen & Co.

Oct

3%

1,300

15%

15
.

33%

Co

Pepsi-Cola

;

—2%

Airways Corp
Paramount Pictures common

15%

.10%
"4

15%
;

High

Jan

7%

7%

;

i.

y >

American

Pan

2%;

2%

»

.

Low

11%

•

;

Range Since January 1
,

-is

•

.

;

High

-

Public Utility Corp

General

11

RANGE FOR WEEK ENDED NOVEMBER

,

59

150

44% Jun

59

Nov

a62%

a65

170

38%

65

,Nov

3%

300

3%

al6% al6%

10

a

14

31%

3%

a

Feb

Apr

5% Jan

15% Jun

19% Jan

36

,

(1944)

COMMERCIAL

THE

&

FINANCIAL

OTHER STOCK
RANGE

Week's

•

Range

Shares

Par

Columbia

Gas

System

Cons

Chollar

Gould

&

Consolidated

Edison

Consolidated

Engineering Corp..

Consolidated

Vultee

Y

N

all%

I25

11

Thursday

Low

High

160

a28%

a 28%

1.25

1.45

10

1,200

1.25

Jun

11%

Apr

United

Corp

25%

40

Jan

29 %

Sep

United

Gas

Motors

(Deli

July

1.80

Apr

United

States

95C

Steel

a27%

a27 a27%

102

Sep

Universal Consolidated

18%

18%

18%

1,130

6%

Jan

18%

Nov

Warner Bros

—

11%

11 %

250

8%

Jun

12%

Apr

West

21% Mar

27%

1
•

Curtiss-Wright Corp common (Un)
Douglas Aircraft Co Inc.———
Dresser

Industries

Exeter

Oil Company Ltd A
Stores Ltd class
Electric

General

Foods

General

Motors

Co

'■

Corp
Util

common—...

Corp

(Un)

Hancock Oil Co

of Calif

Hilton

Hotels

Holly

Development

Corp

Hudson Motor Car
Hunt

International

of

Kaiser-Frazer

18%

31c

Aug

65c

10%

100

7

July

38%

38%

3S5

70

72%

3.943

52%

Jun

72%

232

11%

Jan

15%
45

Jan

239%

a39% a41%
•

May

10

716

9%

Oct

12

July

114

200

Feb

120

Oct

al0% alO'/a

10%

Oct

Jun

4%

Jan

14%

Oct

a9

a9

60

8%

Feb

11%

Jan-

33 %o

9

9

2.15

9%

a28%

a

2,500

Feb

20

9,000

95c

Jun

2.25

Nov

12%

70

10%

Aug

13'/2

Jan

65

27% July

a28% a29 V2

a8%

a8%

Montgomery Ward & Co Inc

Nash-Kelvinator Corp (Un)____
Lines Inc
New

Distiller?

Prod

York Central

Nordon Corp Ltd
North

43

May

56%

Jan

39

Jun

48'A

Nov

24

a7%

50

1.20

1,900

23%

16% al7 %
27%

165

2

a

a51%

American

Company

Oceanic

Ohio

Oil

Pacific

Finance

Pacific Gas & Elec
5%

Jan

5%

redeemable

20%

6'A
70c

'

125

Jun

28

17%

Jun
Oct

Feb

37% Aug
2y8 Jan

960

1,100

82%c Oct

1.90

Jan

214

15% July

17%

Sep

267

48%

59

5%

Lighting

American

Pennsylvania

RR

Jun

10%

10%

a

Co

Pepsi-Cola Co

Corp

11

350

11c

3,000

10%

10%

17% al7%
a5%

13

1.65

800

57

Philadelphia

11.40

div

Scott

50

.

8un

Oil

1

.1%
1

,

6%

Calif

Southern

:

Co

Standard Oil Co

Standard

Oil

of

(Ind)

Co

(N

(Un)

J)

Btudebaker Corporation (Un)
Sun ray Oil Corp common
4 Vz % preferred B_.

...1

Company (Un)
Company (Un)
Texas Gulf Sulphur Co

__I"

Texas

Textron

Incorporated

Tidewater

Assoc

Oil

"

common...

Century-Fox Film

Union

Carbide &

Union

Aircraft

Carbon Corp

Corp

For footnotes

see

(Un)

page 42.




;

..5

Nov

14%

6,896

44%

441/2

288
86

24 Va

341/2
24%

25 Va

25%

32%

3,005

17%

20%

;)'■

Nov

Oct

24%

Jun

37%

Nov

25%

Jan

17

■

Jan

44%

Apr

23

164 J

/.;■

Jun

33

Feb

Aug

'

17-

/

17

/V

17

45

17y8 Mar

•

31«/a

245

22%

Jun

40%

Jan

251/8

539

20

Jan

25%

Nov

29
:

30%
24%
28%

29I/8

416

25%

Jun

29%

—H'

19%

19%

■

64%

191

65

Nov

Jun

23%

Jan

461%

Jan

65

Nov

726

66%

17 '/a

274

*

63%

52

Feb

66"%

2

Feb

Oct

4%

4%

237

25%

25%

439

18%

Feb

25% Nov

33%

33 %

33%

39

271/4

Jun

37'/a

Jan

102% May
100%

5

Aug

108% 108'A

103'A

Nov

106% 106 «/2

500

Jun

1061/2

Nov

471/4

47%

2,000

37

Apr

54'A

Feb

53

531/2'

1,500

43

Apr

6 l'A

Feb

$300

series

A

1975

...

Pittsburgh Stock Exchange

;

Week's

Sales

Range

for Week

of'Prices

Shares

Thursday
STOCKS—

Last

Sale Price

Par

Natural

•

Gas

Co

Low

High

20%

65

17%

Jun

26%

87

6%

Feb

11

Nov

11

Jun

15%

Nov

7

Apr

10%

10%

11

..—.—————*

Co

Low

High

20%

—

*

14%

14%

15%

common

Range Since January 1
'

/;,
•

144

Jan

11%

253

9%

Jun

430

8V2

Oct

128

39% May

53

Jan

Fort

1

10%

10 %

10%

239

8V4

Jun

12

135

25 %

33%

Oct

Joy Manufacturing Co

1

34 Vb

33%

34%

150

30%

Oct

39% Mar

24

24%

10

20%

Jun

24%

Oct

20 'A

734

15

Jun

23%

Jan

Jan

12%

558

9%

Jun

14

Jan

a7%

50

7%

Jun

9

(D

L)

Pitt

Co...

Gas

10

3%

3%

Mountain

Fuel

Supply

100

2%

Jan

22%

224

17%

Jun

27%

Jan

Ohio

8%

650

3%

Jun

10

Oct

5

300

4% Aug '

Pittsburgh Brewing $3.50 pfd
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp

55c

600

48c

5%

Jan

4%

Sep

San

Standard

6%

Jun

22%

Jun

30

405

16%

Jan

34%

18%.

16%

16%

16%

34%.

34%

34%

44

44

30

,

a29
31%

a29

12% Apr
11% Aug
Oct

-

100

3%

3%

34%

34%

—10

3%

2% July

50c

100

50c

45

50c

*

.

200

27% May

395

28%

35

V2

Feb

50c

Apr

45

Apr

Nov

Oct

36

Jun

'

•

7

100

.

10c

19

18

-

6% July

8%

Jan

145

2% May

4%'

Nov

51

10

68

10c

.1

;

4%

68

1

_—!

Spring

150

7Va

4%

7%

*

common

%

140

-

,

.12%
21V2

Nov

68

May

6c

3,000
...

16c

Mar

Jun)
Jun'

19%

Nov

34%

Jan

Jun

29%

Oct

Feb

31%

29%

26%

26%

.34

,

.

,

,

44%

i'

Nov

Aloe

(AS) Co

Sep..

American

Invest

American

Tel

Brown

Shoe

-

Burkhart

Mfg
Brew

Electric

General

Motors

Industries

Sales

for Week
Shares

Range Since January 1

w

-Ai

;

(Un)

common

49%
37%

Oct

Huttig S

56%

Jun

69%

Sep

Hydraulic Pressed Brick

37%

Feb

44%

Oct

10

205

24%

39

72%

.

153.

...

542

.7

Oct
Jan

39%

Nov

16:

.

,

Jan

24%

Oct

Jun

31 %

Oct

19% Oct

260

69

Mar

lso%

24%

15

20%

38%

s.

71%

24%
30%

20 %

20

28 Va Mar

50

30%

20%

'

Jun

138%

626

37% .38%

"

24

•

(Un)

Feb

:

High

19

July

16

21%

52%

Oct

40%

Jan

72%

Nov

Jan

29%

Aug

July

39%

34% Jun
Jun

<

Feb

22

1

16

.0. 27

19%

145 % 146%

/.

Low

.40

17

19%

.

1

(new)..

common

Jun

37%

8

common

common

146%

15

:

High

17.

)

—

100

(Un)

27% July
171/2 Apr

Jan

62%

Jun

72%

Jan

16%

Feb

26

Nov

Griesedieck-Western
&

9%

Jun

17%

Jun

37

28 %

Jan

11%

Sep

Laclede

Sep

Landis

Gas

Laclede

Oct

Feb

64%

Feb

64

Mar

8% May

11

Jan

North

Jun

25 Va

Jan

Rice-Stix

Jan

14%

Oct

St Louis

Feb

8Va

Oct

Sears

24

4.075

19%

13

13%

1.445

10

8%

8 %

200

a22% a22%

35

40%

1,906

20

165

Mar

2%

3

200

20

55

16

Jun

28

44 Va

44%

10

40%

Jan

46%

7%

7%

100

7% May

9%

9%

225

6% July

7%

2,924

_L,

*

—*

common

*
4

20

common

9%

.,

:

-

1%

24

Jan

.

5

Jan

301/4

31

240

23

July

22%

7%
31

25

common

22%

25

22

Jun

139

7%

McQuay-Norris

May

10

common

Portland

American

Cement

10

com

common

...

—

Public Service class A

Roebuck

common

Securities Investment

*

50c

4%

•

13%
20%

£0

18%

19%

152

21%

19%

13%

20%

25

(Un)

13%

21%

5%

2%

10

9%
8

Feb
Nov
Mar

Oct
Feb
Nov

Oct

34

Jan

22 %

Nov

97

41%

Jan

Sterling Aluminum

common

'.I

11

Jun

32 V,

Sep

Stix-Baer & Fuller

common

5

20% July

26%

Apr

Wagner Electric

15

_

41

13%

41

41

17%

16

Jan

20%

Nov

15%

Jan

20 V8

July

19 %

Jun

25%

Jan

Feb

Jun

5%

Jan

34

Jun

43%

Nov

15

96

Aug

97

Nov

50

11

13%

13% July

61

97

100

Jun

common

25

10

Sep
12% May
33 % Jun

15

Jan

13%

Oct

938

.

42

25

preferred

51/4

41%

35 y8

305

28

6%

19 %

23

Oct

Missouri

27%

common

common

Steel

58

23%

25

19%

,

Machine

49

60

365

-

85

a9%

26%

•30%

1

com...

Key common

32%

25%
30

._L_50

International Shoe

20

2
5

Brewing

common

Johnson-S & Shinkle

200

40%

D

Preferred

605

23%

Tel

common.

Falstaff

.11% Oct

1

common

Clinton

63%

23%

&

35% Aug

a69% a69%

a9%

A

Range

Low

5

common.—

231

896
..

20%

Exchange

of Prices

Par

'

1

common

33% Mar

<

1,393

11

63%

26%

Sep

229

26
19%

;30

32%

61

Last

Sale Price

14

..

a70 a71%

11

July

29% Aug
31% Nov

Apr'

85

67

19%

STOCKS—

562

a31% a32%

223 :

28%

Week's'

Thursday

34% Nov

'45

10%

26 %

"

!

Apr

Apr
33% Mar

615

a33% a33%

Jan

,231/4

3,808

24%

Oct

33%

11

a

17%

27%

11

47%

a43%

Sep

156

10%

22

24 Va

261/2 Mar

47%
22

Jun

39% Mar

788

27%

Nov

28i/8 Mar

11

67

50c

General

.

34

25%

27%

•

.12.50

SI. Louis Stock

Oct

,Jun

-

845

a33% a33%

Air Brake
Electric Corp

Feb

535

29%

Westinghouse
Westinghouse

Oct

52%
10c

291/2

24

■,

43

Jun

July

18%

2:201

44

•

10% May
,

Sep

14% 'Jun

A 448

.

8% Mar

Feb

45

860

a70*

.125
.

19% Sep

726

20

—5

Toy Mining—.....—
Steel

20%

5

Gas

Pittsburgh Steel Foundry
5% preferred

Nov

32

23%

22

&

Jan

29

200

8,700

—

Fireprooflng Corp

Oil

6%

Jan

7%

40c

a31%

National

41%

t

Jun

17%

Apr

72 %c Mar

Aug

25:

,

.

3% May

a27% a28 %

26%

—

10

8

50c

29%

8%

8%,.

**

Brewing.

Star

8V2

*

—

Apr

31c

27%

13%

13%

11

23%

•

25
(Un)

Nov

10%

36c

13

Nov

211/a

11%

710

23%

Apr

11

Jun

11

755

2

12

Jan

16%

5

1,040

10

~

Jun

6%

1,660

Clark

29

50c

7%

1,930

Columbia Gas. System
Duquesne Brewing

39

63%

120

11

2iya

Apr

6%

a69%

9%

10%
21

Jan

5%

Hill
(Un).-H*

.qil Co of Calif

United

*

Co

(Un).__
Transamerica Corporation
Tri-continental Corp (Un)
Twentieth

..25

(Un).III'

!.

Apr

27%

11

J(in

12

38%

..25

;

-

17%

29

..25

Swift &

Jan

Jun

1957

4%

50c

25%

51/4

,

.

10%

21%

—

.—1

3%

3%

Jan

♦J—

..25

Jan

230 :;

3%

Nov

Oct

12c

....

(Un)

11%

Jan

a32

8'A

4c

•

Jun ?

8

40

*

6%

8%

14

5,400

;i>

460

8%

265

7c

(Un)
Calif

Co

17 Va

370

52

'

751/4 Mar
72%

Jun

8%

a

42

...5

Company
Southern Railway
Company (Un)__

Jun

Jun

12%

;

14%

13%

a;

__25

Southern Pacific

Oil

5s

Oct

a7%

preferred. —25

Standard Brands Inc

31

-

Arkansas

7c

—25

56%

51%

236

1975

Jan

3/8

—25

1

132

5,269

14%

..—1961
4s

4%

42

:

62%
72%

Telegraph—
——

Transit

Jun

a31%

A—*— —25

Standard

Sep

July

July

Baltimore

3%

51%

—25

Sep
Jan

25%

Allegheny Ludlum Steel

7c

—25

51 Va

~4%

Sep
Sep

51%

—25
6%-

class

&

—

—...

Apr

23%

com.

21%

Jun

Jan

18%

(Un)__ III 5

Sep

Jan

34%

75

Jan

2.65

Telephone

v-

28Va

7%

1

22%

16%

404

a46 a46%

a27%

...

—

Gas

preferred

11%

_25c

preferred

Southern

Nov

5%

—30

...

4.32%

2%s

53%

»

preferred'J——
preferred
preferred

4.48%

American

Sep

6%

f

16% Mar

475
„

..20

—

Jun

5

,

Oct

BONDS

27%

••

.

Oct

Oct

18%

Co

Southern Calif Edison Co Ltd

Coal

50%

5

...

(Un

...

-""4.56%

Westmoreland

110

a

8%

—1

8

13V2

Improvement—

255

21%

:

Jun

Il

Gas

28'A

38%

Security Company
Sierra Trading Corp ..."
Signal Petroleum Co of Calif

4.88%

17%

Jan

12%

-

4%

30%

«

Corp

Lone

__2.50

Seaboard Finance Co

Original preferred

United

28%

31%

a7

Nov

11%

62

65'/a

28%

a46
a

59

175

40 VB

Jun

14

Co

29%

•

5

Corp:
Socony-Vacuum Oil Co Inc

Jun

1.30

20

Feb

Jun

Jun

24%

_•

Apr

8%

.25

Oil

20

*

.Zi
common..

common

Apr

a8%

16

9

7%

211/2

24%

.50

Paper

27%

8%

Jan

441/2

2iy2

20%

25%

Reading Co

26%

a

3.25

34

common

a51% a51%

8%
a 13%

Jun

68%

44%

Wire.A—.

preference

Blaw-Knox

Safeway Stores Inc

Sinclair

Insulated

Corp common
Public Service El Si Gas

155

a

1%

425

7%

39%

13%

—.

Nov

Company.

&

Jan

28

160

Jan

1,036

6%

9%

Pm.'co

452

3%

12%

11

common

28%

3%

Jun

21

div preference common

29% '

V

Oct

8%

190

>■.'

3%

—

29%

28%

13

8%

.....

28%

(Un)__2%

(Un)

11%

15%

62%

(Glenn
L)
Corp
Pennsylvania Power & Light
Pennsylvania RR

Sep

Richfield Oil Corp common
Ryan Aeronautical Co

Roebuck

11%

33%

•

Sears

Jun

Jan

mil

Schenley Distillers Corp

8%

30%

—_33%c

St Regis Paper Co

Jan

892

a51%

Jan

Jun

205

59

Martin

Jan

33%

...50c

Oil

13 ¥4
20c

33

•

...HH_.

10%

55%

...

Pennroad

$1

Nov

11%

175

10%
2%

12%

150%

'

RR

20% May

Corp of America (Un)

Ranch

Jun

Sep

18% Mar

29%

9%

29 Va

Jun

80

13

Navigation—

Oct

12%

25

1.60

mil

Rice

21%

135

(Un»

Drug Inc

Oct

20

(Un)

(Un)

Si

8% Aug

16%

..

1

Rexall

15%

7c

685

a5%

•

Radio

Jun

9%

95

19%

a

a32% a32%

a32 %

*

(Un)

Phelps

10 %

19%

___25

Airways Corp

Dodge

Jun

17%

257

Mar

20

Corp

Packard Motor Car Co
Pan

6%

100

a

redeemable preferred class A..25

Pacific

Jun

15

High

Jan

211/4
138

Nov

,1.10 Mar

2

1

190

1,889

14%

Philadelphia Electric

31

28%

Low

28%

145'/s 146'A

•

Range Since January 1

High

71%

Oct

.__25

preferred

Sales

Shares

55%

Corp

18% Aug

363

19%

25

Oct

for Week

21 Va

23%

i

11c

10

...

Week's
of Prices

39%

Jan

8% Mar

..10

common..

preferred

Oct

2c

5,000

Range

20%.

Jan

-

1

Corp of Calif

5%c

5c

2

com..

14%

15

10%

a

..._8

Oct

7

16%

8%

(Un)__100

d_._

w

Aug

9%.,.

Pennsylvania Salt Mfg common
Pennsylvania Water & Power Co.

620

a51% a52 %

i

Company

48%

\ "/*'%

2%s

Co..

Edison

45 % Mar

III60

Jan

15

•

Northern Pacific Railway Co
Northrop Aircraft Inc

80

1-2%

1.45

37% Aug
1% Jun

17% al7%

a

26%

Jun

8%

1

Oct

a47 a47%

*

c_

July

6%

a21%a21%

(Un)
(Uni.

29%

Jun

Nov

95c

:

82 %c

17%

Jun

t

v

90c

800

a40

1%

%C

20

16%

com

125

80c

a39%

...5

Inc

17%

21 %

14%

Il3

665

27%

80c

l

Aviation

13 % May

90

a

10%

Motors

85

...1

(Un)

105

28%

Brothers

662

22%

a39%
.

General

Glmbel

48'A

a

(Un).

.

American

North

RR

Corp

July

19%

146'A

Storage Battery—
Fidelity & Deposit Co

United

National

18%

Low

Electric

Aug

"

all% all%

•

National City

Oct

35

a27% a27%

*

Davison Chemical Corp
Delaware Power & Light

15

80c

*

(Un)

7%

100

'

-100

preferred vtc

612

27%

82

Apr

Tel

&

Valley

22%

1

:

Feb

Last

Corp
Curtis Publishing Co

Lehigh

1.15

al6%

1

Jan

11

1st

Jan

24

1

5%

5c

Company

9

1,200

;

a7%

*

31

Jun

5%
Budd

Sep

1.15

20

Co

10

7 3/s

10c

Chrysler

3

47%

——1

...—...—

Nov

a7%

a47

•

Baltimore Transit Co

480

7

Middle South Utilities

Co

Baldwin Locomotive Works

a50% a50 %

250%

,..18

10

(Un)

Corporation

Coal

16%

'

8

Arundel

Lehigh

16%

(Un)

July

Tel

Nov

5

McKesson & Robbins Inc

Co

Stores

American

,20c

5%

(Uni

Nov

19%

Par

Oct

5

Company.....

14%

Nov

Sale Price

7c

1

Angeles Biltmore Hotel Co..

7%

25

20c

1

•;

2.15

1.90

12%

20c

•

Jun

'

a

(Un;

Co

Jan

Feb

Co

Petroleum

100

3'A

8%

Lockheed Aircraft Corp

Mfg

1 %

9 %

loew's

Merchants

280

114

10c

Menasco

2%

1,70

Lincoln

Oil

Jun

9%

9%

—1

Mascot

34%

2%

9

Magnavox Company

335

25

Company A.
Libby McNeil & Libby (Un)

Feb

a

l"

—

STOCKS—

American

600

Lane-Wells

9%
18%

Oct

729

•

410

353

a

Hi 2.50

(Un)

Nov

al5% al5%

1.95

..

51

44

14%

•

*

(Un)

Sep

15%

41% Mar

13'%

County Land Co

Inc

45 %

a46% a46%
69%

(Un)
•
Corp (Un)„*

Feb

44

14%

Thursday

Jan

1.90

Kern

Los

Oct

39 3/8

a

Can

Oct

Philadelphia-Baltimore Stock Exchange

Jan

11

Jun

13%

Kansas Power & Light Co
Kennecott Copper Corp (Un)

Petroleum

34%

46%

——.——10c

Corp

4,200

a

10

Nov

25%

Oct

55c

18%

Jun

'

—

Co

Mining

Oct

16% July

20%

156

1,970

4%

Jan

44c

Gold

W)

High

Jan

Jan

Feb

—

International Tel & Teleg
Jade Oil Company..

213/4

13%

11

5

(Un

Nickel

Oct

12% July

12.50
.6.66%

—

Co

Corp

17%

69

200"

•

Independent Exploration Co
Intercoast Petroleum Corp
Iron

Feb

1

...

Company

Foods, Inc

Interlake

Zenda

50%

20

345

1

A_.

Oct

65

18% al8%
17 %

3

class

Wool worth

13%

II0

(Un)

Feb

10%

Goodyear Tire Si Rubber Co common..*
Graham-Paige Motors Corp
Greyhound Corp (Un)

9%

(F

25

23/s

al8% a20%

14%

»

Westinghouse Elec Corp

Tel

100
"

18%

*

5

—

Western

Jan

18%
24%

243/4

Inc

Jan

7%

(Un).

4%

'

Jan

38%

—5

Union

Lines

8%

13 %

—1

—

Air

55%

44c

#

(Un)

Low
;

4%
:

Range Since January 1

High

"

I-IIlO

Co

Inc

Jun

5%

17%

..

•

OH

Pictures

Kentucky Coal Co

54% Mar

10

a67 % a67%

—-

13%

1
A

200
•

a7%

60

a

—5

(Uni

Corp

General Public

a7%

<•»>*

*

A*. —4
(Un)

Fitzsimmons
General

'

'

Inc.——..—— 50C

Electrical Products Corp
Electric Bond & Share Co

6%

5%

a64% a64%

...5

•

Corp

in

(Un)_.

Low

10

(Un). —1

(Un)

Corp

Continental Oil Co

Shares

1

(Un)_._.

Corp

Western

Continental

for Week

of Prices

Par

(Un)....•

Aircraft

Sales

Range

Sale Price

STOCKS—

Week's

Last

Range Since January 1

High

all% all%

..

1

Mng__

NOVEMBER

'

...

(Un>

Sav

of

Low

«.

(Un)

Commonwealth Edison Co

EXCHANGES

ENDED

for Week

of Prices

Monday, November 14, 1949

Sales

Last

Sale Price

Thursday
STOCKS—

FOR WEEK

CHRONICLE

-

618
75

3%

Volume. 170

.Number,4855

COMMERCIAL

THE

& FINANCIAL

CHRONICLE

(1945)

OTHER STOCK EXCHANGES
r

RANGE FOR WEEK ENDED

NOVEMBER

:.:r

Week's

Range

for Week

of Prices

Shares

STOCKS—

Sales

Last

•

Sale Price
Par

Low

Abbott Laboratories ji—X—.—....,.—5
Air

Co

reduction

Alaska

Alugnany

a45%

Range Since January 1
Low

High

a45% a46 %

55

v.,-

Nov

Mfg. Co
Mindanao Mother

50

2%

Feb

3%

Aug

M

a93/4

50

7%

Feb

12%

17

17%

540

13%

13%.

500:

14!*/8

300

a2%

a2%

a2%

a9%

a9%

;■«

Factors Ltd

American

Power

Radiator

Amer

&

(Un)__

20

Light

(Un)
Stan San (Un)

&

American Smelting <u Kenning
American Tel & Tel Co (Un)
American

Viscoe

American

Wooien

Corp

a48%

100

aA4ti

(Un)—

Co.

till)

>8

a483a a49%

.

J

&

M

&

Ward

22

Jan

Morrison-Knudsen

13%

Nov

Nash-Kelvinator

(Un).

10(4

Jun

14%

Jan

45(4 Apr
138% Jun

53(4

Feb

National

149%

Jan

& Santa Fe

Alias

(Un)

Imp Diesel Engine

Atok

Park

May

64%

Oct

New

2iy

22%

jun

3/%

J?eo

N

295

25%

Jun

34%

Jan

North

33

32%

33

876

28'/a July

33%

Oct

all all(4

45

Northern Pacific Ry
Oceanic Oil Co

b */8

loo

o */2

95%

55

95%

51

6%

Jan

11%

Oct

5

Jun

7"%

87

Baldwin

Aug

E'ainsaail

Ohio RR

Oil

Co

Aviation

Btudix

Bendix

(Un)__

6(4

6%

520

32c

32c

32c

3,600

a5%

a 5%

a5%

50

X——13'

Home

,

10

10

10

100

8%

100

8

50

42

Corp

Mar

a33% a33%

30

2u(4

ao%

17

23%

Jun

a52% a52%

(Un)_____—:i00
(Un)

common

102

20% Mar

90

3

Locomotive

Baltimore &

100
-

a23 % a23%

6%

Avch Mig Corp

8%

—5

(Un)

5

.

Appliances.—.A.

a52%

33 %c

Y

Mining*.

Cons

Bethlehem

Steel

bu7s

PI

(Un)

Bishop Oil Co

■

4(4
22c

RR

Bumcer

Hill

Corp

(Un)_:

——

Cement

Co

Caiiiornia

common

7

Preferred

Case

.

Co

&

Edison

Jan

Olaa

Sugar

Oct

Pacific

Celanese

Corp

Chic

of

Eureka

Central

Mil

Paul

St

Preferred

America

RR

Cities

Service

Clorox

Co

(Un)

Jan

Pacific Finance Corp

Apr

Pac

10%

Jan

6%

52

Oct

5(4%

Gas

Chemical Co iXX-—...-

Columbia

Broadcast

Eaison

Consolidated Natural Gas Co

Consolidated

Aircraft.——

Vultee

34% Mar

Jun

5%

1st

Feb

5%

red

10

2%

1st

33%

6 %

Nov

14 %

Pacific

Lighting Corp
$4.50 preferred

Jan
Jan

1.95 Mar

&

Sep

8% Mar

Jun

9%

Paramount

4% Aug

35%)

277

30

52

a7 (4

a7%

9

Feb

Packard Motor Co coin
Pan American Airways

Oct
Jan

Nov

58

:..^w

a._

Jun

34%

Whistle

Dow

du

Chemical

Pont

(E

Fields
Co

El

Dorado

Oil Works.

common......—..2%

Foster & Kleiser
Preferred

General Electric Co
General Foods Corn
General

Motors

General Paint
Golden

State

(Un)

Goodrich

(B F)

Goodyear

Tire

Ltd

Republic Steel Corp

32%

Oct

Reynolds Tobacco class B (Un)

Cement

Nov

Roos

Bros

Hawaiian

41%

43% Jan
12% Apr

,

43

•j)-

143

)

all

40

6

6

8

140

5%

■/,<)

54

13%

720

28%

652

20

53

94

■

,

8%

Sep
Jun

Stores

Ltd—

Honolulu

Hudson

Oil

Car

Co

Jun

8%

Jan

Safeway

Nov

San

13%

Nov

Sears

Jan

29

Oct

102

Nickel

International
IXL

Mining

of

Tel

International

Tel

&

Co..

Johns-Manvllle

com

Oil

Jun

20%

Apr

12%

Jan

Sinclair

Jun

Jan

24%

Apr

31

Nov

Soundvlew

142

v

43'A

Apr

50%

Kansas Power
Kennecott
K.ern

&

12%
■

62

2,166

44

267

Silver

Oil

Leslie Salt Co

11%

335

40%

1,060

Magnavox

For

Co

40%

Nov

28%

footnotes

365

27

5%
27%

Jan

Southern

Calif Gas Co

Southern

Southern

38%

5

Apr

26% May

;;; 25

Calif Edison

696

Feb

62%

Nov

3% July

13

100
25

37

11%
,

6% Mar

21%

Jun

Jan

32% July

35

Apr

32%

Nov

32V4

270

25%

12%

12%

252

9%

a24% a24%

__

a30%

17

21%

144

5%

Feb

28

Jun

14%

Jan

Jun

28 %

Jan

July

34%

Feb

96

17 V4

Jun

26%

Jan

lo

35%

Jan

39 5A

Oct

175

25

Jan

.41%

Sep

270

21%

285/a

Oct

110

.

.

.

5%

28%

—

23%

..

28%
r>.42

23

29

Sep

Feb

July

6 (4 Mar

4% July

125

865*

8c
10c
c.11% a42%

9c

16%

Oct

29

Jan

11c

6n

197

Feb

347/8

28,200

Feb

43

Mar

Oct

39%

159

31

Feb

39%

Nov

32%

-

100

20%

Jan

341

Aug

3%
23%
16%
27

X> 32%

39%

32%

15-

5

—.

•

Co

(Un)..*

com

—

.

16%
27

3%
23%
17% ;
28%

100
239
502
1,584

—

Inc

A

ser

Jun

39%

Jan

Spiegel

Jan

45%

Oct

Standard Brands Inc

(Un)—
Calif

common

72

.41%

72%

v 4,312

53%

Jun

72%

■ ■

3%

Feb

18%

Jun

24%

Sep

14 %

Jun

17%

21

Jun

3

May

,

Oct

28%

Apr

200

10

Jun

16%

Jan

Standard

Oil

12%

275

10

Feb

14%

Jun

Standard

Oil

60

25
......5 '

...

--

—

11

.

25

,

;;
:

—.

v

:

.

„

34%

Nov

May

26%

Sep

26 % Mar

297a

1,000

.

,

.

29%

190
52
50
1,054

24

*

28

10%

Jan '

;

—

34

300

47%

421

33%

43
50
135

24

18

Jan

810
205
243
890

5*%

jun

^

8(4

497a

Jim

July

Oct

357a Aug

33% Apr.

46

Sep

11%

Oct

a25% a25%
a8
a8
22.C4 22%

Oct

31

Mar

33%

.w:
■

a25%

1
2

34%

:

277a

Jan

Apr

9 Va Mar

Oct

Nov

13%

12%

Vr

•

Corp

34%

26% 26%
a29% a29(4
a31(4a31(4
10%
11

26%

—2fi

Cumulative preferred 4.56%—

pfd

34%

-

25

34%

X;" 67 V

37%

Jun

700

1 Va

May

9(4

9%

9%

260

X 9%

Oct

117a July

Co

of

Co

*

*

(Ind)

—

—

25

66% 66%
44
44
a70% a71%
25%
26

,

...

22%
70

Nov

Sep

447s Oct

39% Aug
Feb

2% Mar

.

14%

14%

17%

17%

a__

.

a—

X

^

Standard Oil

44

Jan

'

100

12

Jun f
16% July; ;■<.
1.65 Jun

218

100

*2 v4

Feb

2.30
1.

2.30

2.55

8,558

1.70

Jun

210

7%

FeD

15 V2

Sep

19 V2

j»m

10%

1.90

May

4V8

Jan

66(4

Oct

9

2.90

9%

'i

Oct

19% July
31% Jan

<

(Un)_*

a9

5%

5

7%

1
1

22(4
a

16%
...

5%

al6%

—

,

17%

a

Corn

200

.......

Carbon

&
of

Co

Calif

(Un)

common

United

Air

United Corp of Del
U

Jun

43

Oct

9

Jan

(Un)

Utah-Idaho

16 %

S

Steel

Victor

Bros

Oct

Wells

41%

Jun

55%

Jan

Westates

Jun

47%

NOV

10)

22%

16%

12

14%

Jan

11%

128

5%

Jun

J;

Jan

al6% al6%

27% May
6%

Jun

/

.

26

16%

33%

Nov

41%. Jan

Jun

16%

14 Va Mar

Nov

16%

50

a33% a33%

145

30

345

48% Jun

647a

Nov

755

19%

Jun

25%

Jan

4,319

10

Jan

14%

Oct

365
1,355
110

33 7A

Jun

41%

Jan

25 Va

Jun

32%

21

Jun

24 Va Mar

100

10%

Jan

14 7a

—63(4

64

10

—

23%

23%

2

-13

13

13%

*
28

Pictures

.

30(4

Mar

Fargo Bank & U

Petroleum

Preferred

(Un)

..

Oct

47a

Jun

25 Va

Oct

Feb

3%

Nov

7(4

160

7%

1,672

978

Jan

--

(Un)_—1
;
1

1.25
6%

(Un)

-

9%

7%

10

.

17%
27%
a47

282
1.10

6%

282
1.30
7%

a20
a20
7%.
7%
16 A 17 A
27% 27%
a46%a47%

5
9,985
2,680

270
80c

Jan

14',4

Oct

14%

Indies

W)

Jan

7%

—

Oct

2(4
2.05

13%

T_—..——.100

common

—...

Sep
Oct

20%
•

—

Western Air Lines Inc

(F

200
832
250

—

Woolworth

Jan

—

40%

5

18

West

Xk

40(4

27%
28
a22%a23'A
13% 13%
4%
25
25
3

—1

(Un)—

18(4 July

Oct

40%;
27%
a22%

1
*
5

Sugar.—-.—1
(Un)__i.^_.
1
Western Dept Stores—
—:
50c
Westinghouse Elec Corp (Un)
12%

32 % Mar
8V2 Jan
23%

;

Corp common
Sugar Co (Un)—

Equipment CO—

Warner

39

250

16%

28

(Un)—,—5
Lines Inc..
10

Apr

31

11%

08

Nov

7%

__

—

United Aircraft Corp

11

7%
22%

Carbide

65c

30%

.

25

—

Corp

Transamerica
Union

Jun

Sep
15 Va Sep

a70%
25%

1

Water

Sep

3

,

lo

Company
(Un)
Ass'd Oil common

Texas

Tide

33%

67
162

(Un)

(Un)

(Un)—

Swift & Co

8

10

200

Jun

28

Superior Portland Cement

26c

1,160
*

a46% a48%

.

26

50
400

a49% a50%

a50;

7

COc

a43 % a43%

a43%

•

a9

51c

„

*

•

70

a29% a29 %

'•

(Un)—

Co of N J

Jan

14%

'

'

31




49%

52% Feb

90

80

32%

—

15

preferred 4.32%

Southern Co

Sperry
•

2%

_.P2

*2,

Jun

176

6

12(4

5
PIO

•

convertible preferred.;

4.48%

69%

a46%

page

Apr

13

1

Pacific Co

22% May

295

;

a41

5

see

Jan

11%

Jan

6%

27% Mar

Nov

2(4

33%c

—

Feb

17%

8% Jan

a33% a33%

9

Jun

31

100

—

24 Va

NOV

60%

29

(Un)..—

Jun

9%

1,354

—

Jun
Jun

14

6

29

(Un)
Oil (Un)

47% Mar
14% Jan

a40 %

8.75

Libby McNeill & Libby
Lockheed Aircraft Corp
Loew's Inc
(Un)

,Jan

19

15%

600

a46% a46V8

29

Pulp Co.,

a46% a46%

—

—-————10

—

Jan

10% Mar
20

25

8(4

1

Corp

62

Jun

60

(Un)

Sep

4%

Jun-

8% Feb

2,647

X

38%
28%

......

Coalition

King

47% Aug

1.90

Company—.

3V4

103

May

125

18

38%
27%

—

40

a40%
*

1
Corp

Land

Nov

Oct

19 %

'

13%

Light

Copper

County

Feb

650

a21% a21%

8%

89

65

July

Oct

59

(Un)——

Corp

105%

t

Feb

750

4

8(4

38%

....

Socony-Vacuum

13%

Kai-er-Frazer Corp

nVs

lb'/a

284

—

al3% al4%

al4

•

Inc..

Co—

Jun

60

(Un)

Jun

44

300

a38% a38%

& Co

361

51%

5%

1

...

3%

' 8(4

•
(Un)..*

A

Mining

Roebuck

8%

v

13%

Canada

-

100%

35
220

Oct

Stores

Maurico

Union

Maryland Mines Corp
Independent Exploration

4

8%

a38%

Signal Oil & Gas Co A

Mar

(Un) —*

Idaho

102 102%

10

common

64%

.*

—1_:

102

.4

....

Jan

—*

Corp

Motor

1

15%

•

class

Co

Ryan Aeronautical Co

a*4

1

33

30%

2<V>4

*

Holly Development Co common.:

15%

a30% a30%
s22a22%

(Un)

Corp..

16%

1

a9

a

15

.

y%

39%

...——*

Inc

104% 105%
64(4
64(4

251

Jun

a67% a67"%

3

Pineapple Co

Jan

1

com..

comrrfon-

Bros

Studebaker

Hale

54

•

.......

27%

a67%

__1

Greyhound. Corp

Jun

•

Oct

•

Rubber (Un)
(Un).

&

Graham-Paige Motors

50

60%

(Un)!

Incorporated

Preferred

21% Mar

11%

—

616

25

64

*

(Un)

Co common

:

a50%a51%

'

76

44

71%

* ')

common.

Sep

pnlV4

7%

pfd

Oct

13

10 '
.*

Corp

Corp common..

Co

Oct

*

America

Oil

58%

a46%

prior

(Un)..

of

Richfield

38%

♦

:

Aug

30

33%o

58%

Com

Sep

a9

*

(Un)

Jan

28%

18

Jun

Radio

29%

27%

..

Nov

32%

29%

.50

Jan

28 (4

——_—...——25

36%

Apr

Jan

100% 100%

40'.'2
XXX;
5%

Apr

.30

'

__1

(Un)

8%

Juil

30%

*
10

Emporium Capwell Co
Food Machinery & Chemical

33

75

30r

T_*

32%

13%

vv 11%

1,332

Sep

—•

Jun

2078

a 50%

—•

33%

Apr

(Un)..^

44%

467

aP4% ap4%

—

Sep

35%

Apr

(Un)..

18(4 Jun

310

T, all

62

34

a32% a32%

"30

...100

(Un)..—

Co

28%

a50%

(Un)._10

common

21

Jan

27

5

Inc

Gil

Cumulative

Co

Jun

Oct

i»%

5

de Nemours.

I)

Kodak

Eastman

18 Va

30%

27%

Pure

24%

5

15

.

200

1,611

26%

Pullman

Apr

%X 30%

tUn)__

common

Apr

20

33%

Puget Sound Pulp & Timber (Un)—•

130
15

al6% al6%

Dominguez Oil

Feb
Jan

520

Oct

18%

43

—

Feb

8Va
6

July

3% Apr

873

Jan

150

'XX

,

13(4

Apr

193

Jan

a27(4 a27%

.5

6 %

Nov

3.00 Aug

2.35 Mar
12

30

2.10

28%

com._5

35

28%

34%

30%

a25

al6%

(Un)

class A

205

20

•

(Un)

conv

a24%

—*

of Amer

Co

32%

28% Aug

70

2.65

2.65 Jan

33

x0

Phelps Dodge Corp (Un)—
Fhiliips Petroleum Co

Sep

Shell

common.....

Sep

28%

Nov

Jan

28%

B

1.40

28

Jun

25%

100%

Steel

Sep

300

1.70

28%

Jun

270

*

Giorgio Fruit Corp

27%

28

28

31%

5

Class

July

28%

90c

Mar

Corp common

Di

13 %

25

24

4.>-/8

13%

Crucible

Jan

20

Apr

52

27(4

207

a64vi

Zellerbach

2.65

__

common

Pictures

Pennsylvania RR Co
Pepsi Cola Co (Un)

Mar

36%

i'

a—

a,

a65

1

Preferred

Jan

60

104%

(Un».

common

common.;

3%

5

Crown

123/4

Jun

al2% al2%

—

——

Cement

5%

126

..1

Nov

Jun

—•

A

common.

—

Portland

107

common

(Un»

1.55

9'%
37(4

25

200

(Del) (Un)
Inc——!

Co

Amer

1.25-July

50

200

*"

a32a32%

2.65
-

^".25

series

preferred

9%

Continental Oil
of

1.60

a32

20
—.5

preferred
preferred

red

5%

Continental Motors
Creameries

1.60

36%

Paraffine Companies

732

—

Nov

Oct

Jun

)

2,801

1

Oct

13 Va

380

1.55

40%

al7% al7%

__

Oct

21%

*

Jan

a29

15

100

40%

a32%

Tel

1.90

(Un

(Un)

40%

25

Tel

28%

20

Consolidated Edison Co of N V

1.55

al0% al03/8

10

.28

Pacific

1.75

a25

—1

(Un)—_

Oct

28%

A—2%

cl

Jun

preferred.—...

1st

Riverside

Commonwealth

System

Feb

10

preferred

1st

200

31

17%

450

common...—.28

57%

1.75

3','3

356

12%

Electric

&

4

>

21%

12

—

7%
11%

25% Jan

a62%

21%

12

.10

Jun
Jun

44% May

28%

a 64%

—

————8

Service

22

.10

577a Mar

Jun

•

850

22

58%

48

,170

Jun

57%

16%

7%

2jv4

484

25

Jun

4%

Rayonier

Chrysler Coip

9%

7%

Jun

-

405

4%

40

jOVs a'JOVa

Jan

15%"

7%

Public

52%

a

157a

15%

:

4%

Pacific

32%

(4

Sep

Jun

a

Pacific

a 43%

a7

23%

10%

371

5

Oct

52

..100

19% Mar

300

Aggregates——

Oct

31%

——..100

120

15%

Pacific Can Co

2.70

]

(Uli)

com

(Un)

Jan

52%

..

Pacific coast

13%

a28%

July

Oct

46%

a43%

a287»

23c

Oct

Feb

: 32(4

•

(Un)

Ry

July

7

40%

.25

Mining Co_
Ohio

&

15c

33c

Pig'n

Cheoapeake

Oct

1,700

Jun

2(4 Aug

...

a43%

10

34C

18c

23%

(Un)

Fisheries

21%

:•

2.10

Jun

1.35

52%

(Un)__._

32

••

'

•

common

Co

American

20

4

Jun

22c

17c

1

15 (4

a

37% Aug

May

2,430

15%

...X

55 %
-

33%

100

34c

23%

—...

a 22%

JO

50

;

common

•

625

..

..

86

1.75

X-

(Un)

9%

9%

*'

(Un)——__25

Tractor

15%

a2l%

*

„„

I)

(J

6%

x.-:

3

—

Ai.'.

Ayr

X.

Cons.

5%

a

a21%

Apr

17%

33c

Jun

8(4 May

2.70

a52% a52>/8

__1

California Art Tile Class

Caterpillar

.

2%

....

Packing Corp

6 %

2.oo

-

a46% a47%

—»

—,

—

6%
2.t>o

17%

7%

1.75

...

33c

...x

Oil

9

/

200

5

(Un)

Sullivan

&

Sugar

Calaveras

30

15

;

Jackson Co

Calamba

30

a39% a39%
;

•

(Un).

American

5

:

350

l

(On)

(Un)

Borg-Warner
Byron

2%

2

Biair Holdings Corp

Boiden Co

2%

>

_

Sep

Jun

11% Feb

5

(Un)

Mining Co

Central

5%

Eenguet

1,278

27 y2

Jan

'

—2%
10P

Big Wedge Mining Co__

13

High

Jun

18

——10

—

Products

24 %

5

13

250

—•

Distillers

28%

100

x

25

1

Natomas Co

28%

6%

a9(4

.18

National Auto Fibres

24%

5

a9(4

P10

(Un)

Co

Co

Corp

28%

♦

(Un)—

(Un)

&

Jun

•'

1,125

a65% a66%

Cons

M

20

(Un.)

Range Since January 1
Low

adVa

————1

50

•

*

High

22% "22%

(Vh)_.—'

Lode Mines—

Feb

Ohio
Atchison Top

Atlas Corp (Un)

Co

7%

15

145

.

145% al46y«

a

—14

(Un)

Mining

Arkansas Natural Gas class A
&

1*

nu; '■

(Un)__•

Anglo Calii Natl Bank.
Armour

—

•

(Un)

Co

Auaconaa Copper

a*

Low

22 %

1

i

Menasco

Montgomery
American

Shares

Oct

510

(Un)__i

for Week

5

Machine.

Robbins Inc

4%

3%

American Airlines Inc common

McKesson &

23% May

Jan

260

3%

(UP)—.1

Corp

Nov

46%

Feb

2%

23

3%

Co

^Navigation

46% Nov

23
10

Min

Matson

High

20%

X.-—

(Un)

Gold

Juneau

Sales

Range
of Prices

Par

Marchant Calculating
Martin Co (Glenn L)

'

.

Wefck's

Last

Exchange

Thursday

'

STOCKS—

Thursday
Sale Price

^

.

San Francisco Stock

11

Nov

290

Apr

Aug

1.45 Nov

Oct
1

73/4

Jan

4%

Oct

25
200

17%

Jun

5%

Feb

77a

855
2o3

13% Mar

177a

Nov

21

Jun

29%

Oct

44%

Jan

49% July

201

2274

Jan

Oct

37

THE

COMMERCIAL

.

CANADIAN

&

FINANCIAL

LISTED

CHRONICLE

MARKETS

RANGE FOR WEEK ENDED NOVEMBER

Montreal Stock

Monday, November 14; 1949

II

Thursday

Exchange

STOCKS-

Thursday
STOCKS—

Last

Power ft Paper

$1.50

—

20%
_20

•——

_•

1

Aluminum

Co of Canada

4%

Amalgamated Electric Corp
Argus Corp Ltd common
4 % %

Bathurst
Bell

Power

55%

Paper

•

*

A

7%

24%

24%

American

461

17%

Jun

23

Jan

43%

10%

10%

10%

200

ft

19

19

20%

9,226

14

14

14%

275

Power

Bank

*

26%

25

26%

26'/a

90%

Elec

4%

B

redeem

Ltd

class

Class B

A

16

Building Products
Bulolo Gold Dredging Ltd
Dry Dock class A—
Canada Cement common

pfd—

19

19

14

14

34%

23%

preferred

15%

15%

25

25%
38%

25

22%

22

22%

27%

27%

——

_•

27

1125
—20

Cockshutt Plow
—
—^
Consolidated Mining &
Smelting—
Consumers Glass

•

•

Distillers Seagrams

_•

"T1

Dominion

24

5%

preferred
Dominion Foundries
Dominion

Glass

&

preferred
Dominion Steel ft

Dominion

Stores

Dominion Tar

Coal

class B_.

Redeemable preferred
Dominion

Textile

Donnacona

Dryden

25

—,—23%

common

Paper

4%%

-•

20

1

-—

Foundation. Co
Fraser

Co

Gatineau
5%

of

•

_*

—

common——.

preferred

5%%

•

Canada—

common

Power

5%

preferred

Goodyear Tire 4% pfd inc
Gypsum Lime ft Alabastine
Hamilton

Howard

—

Mining

&

preferred

5%

conv

—

Coal

of

the

.

Woods

Lewis

Secord

Bros

Corp

(H)

22

825

X;

■

11%

601

18

Breweries

60

12%

2,650
1,100

35

1,252

27

Mar

47

42

Aug

•

Jan'

15
26

Sep

all5

59

6%

120

325

18

4%

175

Aug
Jan
Jun

5,005

44

Jun

2,498

7

Jun

205

43

-

Jun

Apr

" Aug
13% May

100

100

7%

225

17%

250

a94% a94%

5

23

2,295

16%

9,349
5

Jun

39

19

Feb

97%
"

Nov

Feb

|

Jan

38

•

Nov

X
<

100% Oct
54%" Nov

-

24% Jun

26

20%

240

,

19% Mar
22%

520

Feb

21 x

S

,)

Oct
Nov

28
!

Nov

28%

Marx

Oct

38

j

Oct

28

Jun

Oct

%

Jan

13%

Apr

19% Jan
17
Nov

Ltd

Ltd

ft

common

2——t

Western

Ltd

Lumber

92

Ltd

Textile

B

10%

"

10

10%

22%

23

17%

*

100

Nov

100

Nov

17

Aug

27

Jun

Jan

41

Jan

6%

Jan

May

4

Jan

X

Jun

103

Jan

1.50

Oct

4

Jan

'

9

Jun

12% Mar

18%

Jun

23

6 %

May

8%

Jan

Aug

28','2

Jan

17%

Nov

20

Jan

17%

223

23

780

al75

11

170

Jun

'179

Oct

70

70

50

64

July

81

Jan

3

Jan

'

6

X

15% Mar
19% Mar

23

Oct

6

50

2%

2%

1,025

1.50

1.75

301

"11

11

25

9

Jun

11

Jan

87

92

1,120

S2

Jun

92

Nov

4

Apr

•
90

3%
1 —"

1

3%.

•

25c

3

Aug

65

47

May

56

Oct

10

July

12

Feb

30

Feb

45

X

40

-

25

Oct

25c

600

20c

Sep

30%

185

30

Nov

40

Sep

"3

3Vb

900

2

Sep

6

Jan

.*

.

1.00

Sep

X-A4%

4%

100

a5Gc

*

a-50c

150

30c

Aug

50c

Aug

16

16

36

15

May

16

Jan

10

24

—

a24

—

50

X

30"

—*

10

a24

" *

19'A

"10,525

10%

5,220

18
'

-

20

9%

'

XX'

20

T

Jan

30

*

3%

Com——*

—

Nov

25c

30'A
•

Nov

2%
2.00

200

12

40"

.

6%

Jun

1.25 Mar

1.15

2,635

56

12

\

100

3%

56

X* 12

-

18

30

30

10 X-10

75
•

•

"

100

1.080

4%

13%
8

18

Aug

Jan

July

30

Feb

Jun

20

Nov

12%

Jan

19

Feb

July
Jun

29% Mar
8

7%

Apr
Feb

r-

31% Mar
11

Oct

48

Jan

40%

Oct

Paper Co Ltd

Aircraft

Farmer

6%%

red

Ltd

Co

of

Ltd..

10

150

13%

Jan

17

17

17

805

13%

Jun

20V4

Jan

Apr

1.55

Aug

July
5% May

39%

Nov

40

Jan

6

101%

44

Sep

1.25

1.25

300

60c

38%

38%

150

31

12

12

12

150

100

—

ft

Rubber

Great Lakes Paper Co Ltd

of

A

com—-

—100

Can

com

Nov

Halifax

Feb

8%

Nov

10% May
16% Jun

11%

Nov

23%

Jan

Hayes Steel Products
Ltd
Hyldro-Electric Securities Corp.

165

20

Jun

23

Feb

3,841

49

May

69%

Nov

Insurance

Co

*
*

10

convertible preferred

Oct

—

124

124

15

1.50

1.45

1.55

1,550

25

25%

1,655

10c

10c

100

a5

a5

5

4

Jun

6

Apr

86

86

25

84

Sep

87

Aug

13%

13%

625

Jun

16

Jan

8% May

13

Nov

—

-—

—

—

_.

*

31

*

2"%

International Paints (Can) class A
*
Investment Foundation Ltd common—*
6%

12%

25

——*

Power Sec Corp Ltd
redeemable preferred.

Goodyear Tire

.

38%

class

Foreign
5%

10

36 % July
10
Sep

47

.1

—

Canada

42

200

--

X

5

class A—

preferred

200

39%

—

———•

Candy Shops Inc
Co

Manufacturing
Motor

_*

47

39%

47
*

Oct

69%

12 %

22

'

X

•

Ltd

—^

Federal Grain

34% Mar

67%

100

365

.

X'

2%

Fairchild

Jan

2,470

Nov

1.75

Fanny

23

22

Jan

2% AUg

*

Oct

40

22

17%

-

-

*

Nov

Feb

21

Jan

Mby

al75

22'A

100

24

Jun

20%

'X

X "

360

16%

21%

21

71

295

10% May

100%

40

90

200

24

Donnacona

50

50

Jan

Jan

Jan

75

250

2,650
,

8%

Jan

Jan

8%

11

17

5% Mar
2

8%

Nov

23%

11%

Apr

225

23%

7%

Ford

43%

Jun

8%

19%

Fleet

8%

Aug

10

6%
170

July

2

18

X

Mar

8

23%

95

July

Feb

Oct

11%

160

13

*

14% July

15

Nov

43%

XX 12%

25

"■?'
■

1.50

22%

/

common—*

Mills

:

12

30
-

-

92

1.50

1.50

2

Co

_—;

—a.—-1—-—

preferred

Class

45 %

1,155

"

-

*

common.

Products

3%

;X

Sep
Jun

350

6%

' 3

•

Aug

7%
3%

1

Company

Paper Inv

Vlckers

Food

XX

High

^

;

•

David ft Frere Limitee-class A^_

22

39%

14
.

192

11%

6%

•'

-

-2

11%

—

•

common-;

preferred

5%

Feb

400

Co

91% July
15% Jun

6

•

3,705

17

-

6«/«

Dominion Engineering Works Ltd
*
Dominion Oilcloth ft Linoleum Co Ltd.*
Dominion Woollens & Worsteds.
—*

Jun

10% Aug
•

X

5

Dock

Investments

Preferred

Feb

40

ft

2

16

.

•

Alcohols Ltd common—*
8%; preferred £—1
.5
Consolidated Div Standard Sec cl A—*

17

970

1

Commercial

33

20%

X

•

—

Oct

X

v

16% -17%

•

50

7%

13

100

31

31

325

2%

13

2%

300

6%

7%

1,300

99
1.25

20%
10c.

9%

30%

July
Jun

128

2%

Feb

26

Nov

25c

Oct

Jan
Jan

Apr

Oct

32%

Oct

2% July

3%

Aug

6

Oct

9%

9%

9%

80

8

"Apr

50%

50 %

50 %

10

49

Aug

i

%

Nov

26

Jun

34

X: 24%

2,298

;.v
v

Apr

.

■

X

100% Jan

;,>x

•

.1

ft Dominion Sugar

Marconi

250

39

-

68

59%

J

Claude Neon General Adv class B
Preferred

Jan

72% Nov
12% Jan

.

1

^

Pr

290

101% 101%
22%
22%

39 %

•

150

" 16%

100

Ltd

Industries

22

37%

37'/a
22%

26

j

Thursday
Last

*

common

Dredge

45%

20%

pfd—100

27

25

L*

B

Company

Gen

21

20%

v

Apr
97% Oct
17% July

11

8%

45

45%

fi

1,750

Jan

11%

1

Nov

38

Jan

11

•

35

27%

160

Sep

100

Sep

27%

23

Feb

15%

;!

27

Jun

16%

100

Nov

27

195A

142%

15%

35

XX 25

10%

10

17

Jun

1,290

Consolidated Lithograph Mfg Co'Ltd.*
Consolidated Paper Corp Ltd—
•

50

22%

j

'< X 45

Consolidated

120

22%

Oct
Jan

.

13

17

100

20%

*

7%

'

19% Nov

18

—*

A

16%

28

19

50

al50

.7%

V".

Oct

26

11% Mar

3,140

16%
:

8%

Jan

'

18

~7%

X

Jun

21

10

8% ;

Catelli

.

al50

*

Jan

24

110

-

a26

*25%

—

Westinghouse Co
Cassidy's Limited common

Jan

143

71%

120

36

29

10

'

18

i

X

Feb

170

i

33

:•

100

100%

170

Canadian

Jan

3,367

19%

17

26

170

B

pfd

Canadian

Nov

22

34%

49

29%

15% July

148% 148%

21

16%

Jun

-

%

5%

50

170

5'1c

Jun

20

Oct

13%

2,470

35

,

Nov

Jun

13% Aug

280

35

:*

Nov

9G%

805

15%

8V4

Canadian

Oct

25

20

7%

•

100

Canadian

Oct

315

.

11%




24%

2,850

29%

12

90
96

5

Cldss

—

Nov

12

i\.

158

2,660

Canadian

98

18

X

Sep

80

2

8%

Co

7%• preferred :
;
Canadian Ingersol Rand Co Ltd
Canadian Inter Inv Trust Ltd com

Jan

86

■

Oct

9%

78% Mar

1,450
■"""

5%

Canadian

Nov

29%

12

•

13% Mar 1

745

56%

'24

Feb

9%

14%
170

Canadian Foods

•

ft

Canadian

Jan

Jan

18%

•

46%

Jan

9%

20

Jun

Feb

37%

Vi.-'"

Ltd

Pr

Canadian

.

19%
83%

69

Sep

Jun

5

82%

891

5%

Canada

Nov

97

48%

Nov

20%

,

Canada Starch Co common

Nov

65

9%

Jan

99%

27%

3

Preferred

Nov

20

5

•

18

12%
35

■

85

*

.*

;

Jun

a99

70%

30

Jun

Week's 'X' " Sales » !
Range
for Week
•
Sale Price V- of Prices X Shares
p] Range Since January 1
Par:
■
Low : High 'y
XX Low

Butterfly Hosiery Co Ltd

Jan

a99

49

100

Ltd

8

52 %

85

*

1,205

-7%

Burnett

Nov

Jun

12

43 %

Mines

104

99%

50% May
14% May

6

"

8%

Class

Oct

75

17%

96

96%

5%

Brown

Sep

55

5

Noranda

2%
,17%

34

*

4%%

Corp
Weaving

Jun
Jun

29%

*

—

Jan

1.75
13

28%

*

Car

110

108% July

400

preferred
25
National Drug ft Chemical
common—5

Preferred

Feb

14%

7%

National Steel
Niagara Wire

Nov

106

20

-

common

18

Jun

26

—

—

Jan

July

14%

——*

Ltd

28'A

16

18

33 %

Sep "*

10

14%

vt

Feb"

•

750
X

Oct

17

105

8
a90

Oct

21

94'A

25

20

7%

Nov

22

Feb

24%

Jan

155

17

1F5

27

Brewers ft Distillers of Vancouver
Ltd-5
Brit Columbia Packers Ltd class A
*

Sep

52

17%

35

99%

Belgium Glove ft Hosiery of Can com^*

Nov

30

17%

——

Co

16

26

common

Oil

Co

2%

Jun

Apr

100%

X 110

16%

T

Jan

104

33%

a29

a20

28

t'-.X X,:

-XX

Paper
Eelding-Corticelli 7%

Jan

13%

jun

15

25%

19

2,045

52

.l(ty)

.

X

Bickle-Seagraves Ltd

Feb

———3

—

Jun

16%

-

Ltd

Bathurst

38%

.

—

STOCKS—

Steels

Atlas

Jan

24

50■

110

*

16

.

Aug

104

———*

25"

!

,

Sep

all5

280

Montreal Curb Market

'

-

:1--'

Jan

29%

all5

20%

—10

.

Mar

14%

29%

20%

a26

26

10

'.t-

12

17

29%

July

' Aug
15% Mar

35%
38
5,033
100% 100% ; X - 125
54
54 %
245

....

—10

—

«.

95

Jun

24%

a99

37%

—10

—

■

Sep

Feb

2%

15

135

!

'

July

10%
88

13%

16%

207
890

18

——25

22

19% Apr-*

55

11%

29

—

Anglo-Nfld Development Co Ltd

30

t—

L

xx*';

Oct

315

18

230

21%

.

26% Mar

Aug

15

16%

29%

%

100

18

_•

21

3,930

r

23%

Jan

Jun v,

45% Jun
u

Oct
Nov

•.>•••

r

Oct,

16%

.

common

33%

24,730
1,717

A)-

S)

ft

15 %

t

48%

:

477

:r

26

"I*

21% Mar

24

com_

(Robert)
Molson Breweries Ltd
Montreal Locomotive
Montreal Tramways
Morgan

80

185

89

29%

47% *

34%

.100

17% Jan

24

7%. pfd—'——100

Mitchell

National

Jun

3,105
X-

22

•

Murphy Paint

35%

13%

17%

34%
23%

16%

-

.100

10

..

al3% al3%
15%
16

■

Oct

2,340

35

Nov

•

preferred

(J

16%

25%

170

34%

•

Scotia

Nov

—25

Ltd

-

McColl-Frontenac

Vz

14%

Massey-Harris

Mitchell

29

22%

——100

—

22%

•

—-

5%

750

46%

a

22%

XX. 7

*■

22% Mar

common_5

,

(John

;

Ltd

Apr

2,315

MacMillan Export class
B—
Mailman

20

45%

(John)

Lang & Sons Ltd
Laura

11

Jun

11

24%

92

A__

—

8% Mar

50

common

Service

Labatt Limited

Jun

45%

pfd

preferred

Public

7

Feb

10%

Nov

■V 91

—10

Feb

Feb

al6%

ix

class

-

Nov

21

Jun

35%

89 X

Nov

51

25

16%

Oct

42%

16

'

48

—100
25

A19%

16

48%

—

:

X

160

•

—

8'>>

14% Jun
31% *Jan

1,694
~

31

a

Jan

86%

Jan

775

22

10%

—50

—

Lake

22

12

•

Nova

24

70% Sep
36% Jun

1,230

■

21

-:5

170

Worts-

Jan

30

Oct

820

50%

-

96%

'

Oct

15

122%

20

86

Jan

-

2,200

,

28%

17

•

International Nickel of Canada:
7% preferred
.1.
International Paper common—
International Petroleum Co Ltd
International Power
International Utilities Corp__
Jamaica

Feb

7%

23

———100

—

International Bronze
6%

Jun

&20

a34

18

common

preferred-

Intercolonial

May

20

325

*

——25

preferred

5%

11
81

620

150

a90

.100

common

preferred

20

155

•

95%

—

Banks—

Jun

15

Montreal

46%

17%
23

5%

May

9

19%

7%

-loo

—

Limited

Feb

9%

35

a34%

*

4%

4%%

Jun

1,360
1,572

24%

28%

7%

10

Smelting

Corp

Jan

34%

1927—50

Imperial
Oil
Ltd
Imperial Tobacco of Canada
preferred
Indust Acceptance

Nov

11%

50

65

common

40%

Zellers

Sep

7%

•

———

Aug
8% Jun

24

'

•

Paper

preferred
Hudson Bay

Feb

17%

110

Bridge
Smith

$2

Feb

17

135

99%

7%
ft

Canadienne

105% 105%

.100

13

27%

Commerce
Dominion

9%

;

a20

*

-

Jun

Oct

Jan

100

General Bakeries Ltd—.
General Steel Wares
commons—

v

95

15%

10

-•

preferred

Jan

100

—

preferred

8

25%

5%

11%

19%

———*

Eddy Paper Co class A preferred
Electrolux Corp
——,i
Famous Players Canada
Corp

Oct

36%

18%

pfd——100

Paper

23 %

May

Jun

19%

"35

—*

cnemicai common—•

Winnipeg Electric

46%

20

Ltd

&

4% % preferred
Wilsils Ltd ——;

Oct

Jun

42%

28%

Jan

24%

21

19%
-

Apr

May

a29

•

Oct

103%

4

a20

common

Nov

Jan

5

21

14%

Ltd

17

a9%

9.65

47%

i-

—

(George)

May

19

——*'

—

Weston

8

40

7%

Jan

Oct

Feb

20

99%

Corp.

Grocers

11%

18%

Steel———-—*

common—s.v,

7%

24

a20

Western

24

19

——-35

Nov

18

Jan

20%

—25

Cotton

Oct

16

0

preferred—

Nov

flov

12%

100%

a

150

0

——1—

17%

62%

23%

~~

common

Jun
Jun

10% Mar

65

21%

Power

Gooderham

150

40

Bridge
Dominion Coal 6% preferred—
25
Dominion Dairies commmon
——:——*

Walker

715

14%
14%
104% 105%

105%

■

Wabasso

II,744

9%

14%

—'.5

Oct

Steel

16%

116%

9%"

United

45%

205

50

47%

Canada commoo*

39%

960

8%

Feb

12%

3,045

5.90

*

preferred

Nov

14%

of

3,610

12

85

A

Thrift Stores Ltd
Tuckett Tobacco 7%

27%

27

16%

Steel Co

17%
62%

52

i.

21

—100

Canada

20

150

;■

9

8%

————-

—

35%

5%

Jan
Nov

5,050

50

60

Co—

Chemical
preferred

Jan

106

Jun
Jun

Press

%

9.50

85

24

preferred

Standard

Feb

37 %

class

24%

19

30

8%

i

4%%

Oct

24

Jun

13

34%

99
—1

Jan

19

43 %

16%

-

com

63

v

Jun
Jun

15%

—100

34% July,

76

35

Southam

24%

Feb

9%

95

8%

•

Canadian Locomotive

I,265

8%

preferred—— -25
Canadian Foreign Investment
•
—
Canadian Ind Alcohol class A

Canadian Pacific
Railway
Cardy Corp class A

12%

Jun

Ltd

Southern

15% Sep
•'

July

100

2,971

38%

Canadian Cottons 6%

B

19

180

25%

•

18%

30

15%

series.—
—— -25
Canadian Converters class A
pfd— -20

Class

106

11%

125

$1

10

12

-20

Sep

98% July

Jun

8,982

Simpsons

Oct

13%
34%

9-15

•

certificates

%

55

Sep

25

103% 103%

common

trust

Nov

49

1,870

24

preferred

Nov

22 %

Jun

33

Jan

30

•

-

96% Jun
12

40

24

105

common-

July

177

a25

a25

Canadian Celanese common.*——
$1.75

14

34%

7%

Voting

Oct

103%

14%

a9%

.

27%

A.pr

43%

a

al6

15%

preferred

Jan

16%

9.15

Nov

Jan

181

n

Sep
Apr

32 %

.

37

'

61%

-

100

Flour Mills common

4%

56

20%

High
24

173 Vb

101

349

565

<

-

12

—

SlCKe Breweries

Sep
Sep

6%

Jun

18

15

'

56

62

Sherwin Williams of Canada com——*

35%

Jun

50;

a97% a98%

23%

I

,x

21%
27

Oct

A

16% May
8% Aug

Oct

6% Jun

895

-100

-

250

2,902

common

5%

Class A

8

29%

a97%

3%

4% Aug
May

10%

Series

437
'

48%

41%

—

Paper 1st preferred
preferred
«

2nd

27

47%
al4%

*

3t Lawrence

Oct

Jan

43%

*

—.—

Shawinlgan Water ft Power

Jan

17

27

34%

—50

Foundry

1,031
1,025

29 %

Breweries
Bronze

Jun

33%

«

preferred

preferred
Canadian Car ft

6%

St Lawrence

Nov

3

Jun

29%

100

28%

2

34%

common—10

90%

14

3b

7%

Jun

2% Aug
Feb

120

13

,

24%

515

•

Safeway Ltd 4%%
Canada
Steamship common

Canadian

2%
16

12

87

702

20

X

Canada

Canadian

5

34%

n

Apr

770

6

12

—*

$1.30

preferred
Canada Iron Foundries

34

24%

2%

16

6%

*

—5

1,265

26%
26%

—

lit preferred
2nd preferred

Nov

18

Low_

33 *

26%

17

Transport

Power

Saguenay Power 4%% preferred
Corp common-

Nov

14 %

Jan

605

56

*

•

21% Sep

12

Feb

28

2%

—i—*

11

17% May
22

90%

2%
27%

-

Mar

4,162

26%

90%

277/s

—■——„—-*

Burrard

5 io

26%

•

-

26%

8

Aug

.

St Lawrence

Sep

168

•

Jan

38%

Feb

14

a

103% 103%

48

-1

Royalite Oil Ltd

26% Jan

6,289

1

Provincial
Quebec

a—

22

*

Mills

Jun

a—

20

170

26%

—*

—

—

410

31%

103%

—*

-

Power Corp of Canada
Price Bros ft Co Ltd common

Oct

77

41%

pfd.. 100
Britisn Columbia Forest
Products
•
British Columbia Power
Corp cl A—*

.

21

10

7%

Sep

21%

:———-—*

;

100

——

common

Powell

Apr
Oct

Jun

830

24%

Ltd

24

33

*

com

Range Since January 1

High

al70

__

•

Placer Development
River
Co

-

Nov

9%

40%

Co.-—*

Bruck

5%

26%

Jun

21%

Note

Class

Jun

6%

Jan

41%

American Oil common.
Preferred
Columbia

41

61

a35

preferred

Penmans

13% Oct
61% Jan

25% Jan

25

5%

Products
Heat ft Power

Shares

23

24

Jan

925

a77

a35

Oct

9

30

7%

a77

24%
103%

•

British
Brit

375

Jun

25

Telephone

Bralorne Mines Ltd
Brazilian Trac Light
British

"1,015

26%
a8

7%
a77

pfd—*

class

57%

26%
a8

100

ft

2,460

5

Steel

Light

for Week

Low

common--.*;

Iioa

Page-Heisey Tubes

Nov

99% July
8
Apr
12% Oct

15

13%

25

preferred-

19%

22

Mills

preferred

Ottawa

High

Jun

Flour

Ontario

21% Nov

9% May
16

200

13%

*

Asbestos Corp
Associated Tel & Teleg class A

5,391

5,518

'

a9

55%

pfd

»—

21'/a
22

a9

13%
—

Range Since January 1
LOW

24
24'/a
103'/a 103'/a

100

7%

High

20'A
-

common

Shares

20 Vs

22

—

Algoma Steel new
Aluminium Lta

for Week

Low

:

common

preferred

Acadia-Atlantic Sugar class A
5% preferred
Agnew-Surpass Shoe

Ogilvie

Range

Par

Abltlbi

Rales

of Prices

Sales

Range
of Prices

Far

Week's

Sale Price

Week's

Last

Sale Price

Canadian rials

ni/

■

Number .4855 % ¥¥/¥•

Volume 170

^

V

'

COMMERCIAL & FINANCIAL CHRONICLE

THE

;

T

;•>
:

!

TThursday
' Las!

L\,J•'•¥;

.

■t

-i,:.....

Week's

Sale Price

J

Toronto Stock

for Week

Prices

or

11

Sales

,

Range

,

StocKS—

WEEK ENDED NOVEMBER

RANGE FOR

.

Range Since January 1

Shares

,

M

LISTED MARKETS

CANADIAN
.

'

v

''

.,:f'

,'V

Lowney Co Ltd
MacLaren

Par

.

(Walter M)

Power

Maritime Teleg

Paper

A

Oil

4%

Island

Newfoundland
Scotia

6'4

Paul

23%

Aug;

Lt

&

Pr

Pr

Co

Co

common

125

"

a45 ' / '

12

Jun

92

8

.

a__

:,.'_«e-9'7>

•:¥7 /A:
Abltlbi

Nov

>

'7.

./v,"
Power

830

a20c

¥"

100

\ 1.25

Jun

22 %

a—

Sep

a—

•

—*

28

Mar

37

Mar

76%

4%

4%

15%

53%

common¥_l0

7

pfd__100

22.75

22.75

vi

22.85

Apr

51

Jun

7

Nov

35

a47%/¥¥

Jun

a__

7

Anacon

Anglo

Feb /

54
9%

Feb

24

24%

103

class A

a9

Soutnern

Canaaa

Sourhmont

Standard
Union

Co

Invest

of

pia

B

70c

United

Securities

Ltd

Products

Ltd

Ltd

(J

.——100

'

Metals

Barnat

Pfd_-_

55

Base* Metals

225

' 17

-

25

250

I) ""

9

| ^9

-

:

:___

—;

'

«

;

:

«•

i

47c

*

25

Atlas

Nov

Jun

12%

Janf

Aumaque

/

¥

2c

1.08

47c

Nov

lie

10%c

-lie

1

4,200

9c

Jun

20c

Jan

46c

40c

47c

71,800

16c

Jun

68c

Jan

*

4.35

4.35

4.75

17,355

*

"

9.50

9.70

28c

28c

32c

•

,4'Ac

4'Ac

5c

6,000

33d

32c

Mining Corp Ltdr---- ---0 '

34c

'

Oct

3c

Oct

65c

1.01

Nov

20%c

7,2U0;

Jun

Lake

Gold

Ltd_^J_____*__'i

Mines

jBordulac Mines Ltd
Eouscadillac

Gold

1

1.12
65c

Mines

Consol

Mines

Duquesne

Co

Jun

a3c 7

19c

5c

Base

July
Mar

30

5c

Mar

25c

Feb

5c

Jun

39c

Jan

Bell

5'Ac

5%c

10c

29c

5%

''

2__1

'

5c

7

24c

5c

__1

„

,

V

Eeatty

10c

Jan
Feb

Berens River

3%c

Sep

16c

Jan

Bevcourt

88c

Sep

15 %c

Feb

Oct

Mines

El

Ltd

Gold

Oct

Blue

1.20

Sol

Gold

Mines

Pormaque Gold
Hollinger Cons
Hudson-Rand

Ltd

Gold

Gold

:___1

25c

Feb

'9%c

•."••¥1,500

5.00

25,550

41c
52c

13c

10%

500

¥

22

10%

Mines Ltd——__1

147/8c

15c

35c

Brand

16 %c

Jan

5.10

Nov

52c

May

;

Kerr-Addison
Labrador

Millen

&

class

Brazilian

Gold

Rowan

Mines

Ltd.—

Lake

Shore

Lingside

Mines,Ltd—

Brewers

Sep

Brewis

Red

British

American

3,000

5c

May

14c

Sep

4,000

4c

July

10c

Mar

12%

Jan

4%%

preferred

British

Columbia

:

16c

76c

8.75 May

230

-

9%c

3,000

Feb

23c

Mines

Gold

Louvlcourt

Ltd.—

Mines

"43c

British

Sep

:

;

Malartic

j

Gold

•,* /

-

.

■.

•

Fields

Cons

*n, <

.•

Mines

Norlartic

Mining

Norseman

Mines

19%

4.90

5.00

a7c

Gold

Crow

Pitt Gold

.t

.

*

'

!

Ltd___

425

11%

15%

i;'

3%c

3%c

7

18c

A.tl y

V

21c v

%•*

^

45c

45c

1

.

'

16%

Apr

British

Ltd

Ltd.

Sep

Broulan

13%

Nov

Mining Co Ltd

Sep

Bunker

37c

37c

1,000

30c

Oct

49c

Sep

2.82

2.95

Jun

3.70

Jan

11c

12c

Jan

Calder

Sep

»Caldwell

l_l_._i.'__l

Mines___7—-,__1

5,

■'>

Develop

8c

'

Forest

Co

Burns

1

1.61

Nov

Calgary

2.28

Aug

Calllnan

Sep

300

1lc

1.47 July

4,200

17c

Rochette

Gold

Mines

Co Ltd_i_

___•

5c

5c

8%c

58,400

2C

July

'19%

Mines

Sladen-Malartic
Stadacona

!,i:

Ltd__

Minse

Mines

11c

2.67

1

1

^

Ltd.,

Standard Gold

Mines

Ltd

Sullivan

Mines

67%c

55c

Sylvanite

I

-1

Gold

2.50

^

6c

3.40

'

class

Linen

Flin

Hughes Gold

Torbrit

Mines

Mines

Trebor

Mines

Ltd.,—i

United

Asbestos

Ltd:._____. l '-

Ltd-*,—1

Upper Canada

7
;

Corp Ltd

Mines

1.I8

1

58c

v

____1

.

1.22

9c

2.89

3.15

61c

Nov

Canada

Foils

Nov

Canada

Foundries

Canada

Malting

Canada

Northern

Packers

14c

class

class

Vinray Malartic Mines Ltd.__i_—___l
Waite Amulet
Malartic

Westville

Mines Ltd

Mines

Oct

3.35

Sep

,

;'/'••

Dominion

Central Leduc

Cons

Class

Jan

Jan

Decalta

Oil

Jun

3.45 Aug
1.34 May

73c

Oils

*

10

/

May

Jan

1.25 May

4.75

Sep

2c

5,500
v "

6.90

800

Jun

Jun

B

Class

&

Canadian
.1st

7%c

Sep

Feb

10c

Jan

12c

1,000

8%c

Jun

36c

Jan

./.%
•

4.40

Oil

Ltd

___'_

Ltd

Gaspe Oil Venturis Ltd.-.

»

«

i

—1

10,500

1.35

1.38

3%c

5%c

47c

*___»
i___

5,400

25c "

47c

51c

2 000

14'/2c 16 %c

'

16 %c

$

1.43

1.35

13%

13

2.90

5.30

July

36%c

70c

8,375

Jun

20c

1,000

.

Oil

Co

Okalta

Oils

Ltd-._*__*
Oils

Pacalta

Ltd

Co

Pacific

Petroleums

For

<■

-_____90c

—

Omnitrans Exploration

South Erazeau

_•

Ltd

Ltd

/

Ltd—

see

page




'

42

-

"

__

9c

:

;

May

1.65

,

New

Jan

Feb'

63c

Oct

17

Jan

25c

Sep'.

875

4,100

8c

Jun

20c

Feb

6c

6c

6,700

5c

May

9'Ac

Jan

34%

34%

90

27

May

35%

Sep

3»/ac

Sep

8,700 :

3%c

3%c

1,580

14'A

14%

115

28

28

50

16%

16'A

16%

255

7'Ac

8c

1,000

12

:

\

1.60

,

Jun

Jun

3.05

Jan

5c

May

12'/* July

14%

Nov

24

Aug

29'A

Jan

12%

Jun

17%

5'Ac Jun

17

Jan

12

145

7.55

7,830

3.75

Jun

,6'Ac

5,300

4%c

Jun

9%c Aug

Aug

60c

'

30c

Nov

Feb

Aug

5'Ac

50'Ac

55c

12

14c

7.05

7 7.05 "

5%c

10c

8.25

Oct

-

Nov

22

Jun

35

29%

29

29%

170

27

Jun

30

Feb

11%

11%

100

10

Aug

11'/*

Nov

26%

26'A

100

26

Mar

28

Jan

43

Jun

51

Nov

*—1

__

;

_

„

50

51

240

10%

__

2.70

Jan

10%

25

3.75 Mar

Oct

11

Sep

36

Nov

36

235

19%

625

14% July
187% Mar

195

195

195

52

14%

14%

14%

134

12

Jun

20%
196

15Va

37%

Oct
Nov

Sep
Sep

33'A

34%

96

33%

,

82

82%

50

79

V

32

115

7%

32
77%

85

5'A

Apr

25%

26'/a

1,155

22%

Feb

26%

Nov

Oct

—

82

4

Jun
Jun

36

19%

4

8%
29

719%

__

;—4

__

—

26%

#

2434

Jun

May

83

May

Jan

32

Nov

8

Jun

—•

24

23%

24

3,545

Jun

24

20%

"20%

21

4,235

13%

Jan

21

Oct

20

22%

22%

23

620

22'/*

Oct

25

Mar

4

20

20

20%

265

13%

Jun

20%

12

12%

150

Jun

14'A

14%

15%

240

Jun

17

Jan

-26

Nov

—4

:

—

15%

4

,19

25

26

670

19

Jun

38%

39'A

70

35

Jun

22
23'A

450
945

90

20

Aug

18'A

Jun

4'A

Jun

39%
23

Jan

Oct
Oct

5%

4

Food

Class

9'A
13

Nov

22
24
5%

10%

11

385

8'A

Jun

13%

Jan

—

4

8%

8%

9

542

8%

Jun

11%

Jan

—

27%

27%

205

Jun

36 V*

Jan

70c

72c

7,700

55c

Jun

85c

15

50

12'A

Jan

11%

Jun

4

Products common

A

Canadian Indus Alco "A" voting

_4

,.'

—
,

5%

28%

8%

Jan
Oct

Jan

Canadian

Oct

Canadian Malartic

32c

Feb

Canadian

89 %c

Feb

8.50

Jun

13%

Jan

Canadian Wallpaper

Jun

14c

Jan

Cariboo

2.00 May

Locomotive

Oils

Cos

*

Tire

Gold

Corp

—

Apr

3%c

Jun

9c

Nov

Central

5,550

2.10

Feb

4.00

Nov

Central

*

—

class B
—*——

Castle-Trethewey

59,500

Jan

Central

Leduc

Oil

Patricia Gold Mines

Porcupine

4
4

common.—

Canadian Pacific Railway

*

22c

Jun

14% July

650

1,316

—

Jun

Jun

30c

11c

7-7:

Dredge

10c

10 %c

12,500

V

.

4,900

common

Jan

1,500

.

Sep
Feb

2.15

preferred —25

9c

-■

55c

37c

10c

25%
39%

4.00

•

Jun

May

51,700

Preferred

11c ll%c

7c

2

18c

2.05

25

Canadian Celanese

Feb

3.75

lie

.

13,200

14'A

—*—20

59c

2.60

25c

60c

Car common

1.20

2 05

2%'< ¥:¥ .500

24c

3.45

—

12c

8c

3%

Oct

34%

—

Nov

2,500

July

3.30

*

600

3.75

'

9c

Jan

7

common.——:—*

Canners

Aug

'

13

28%

16

__

4

30c

14,907

Jun

33'A

1_.

'"
*

2.00

8%c

»

____1

Petroleums Ltd—_.l

footnotes

__

;

25

24c

;

4

—

1,500

1.51 /
13%

Jun

5% May

20c

;

_4

A

Canadian

Home
New

1,465

10

Oct

2.05

Mortgage——100

3%c
'

Oct

10'Ac

•

2,050

"

28'/a

51'Ac

16
21c

50

Canadian

4.75 '

7%c May

15%

*

—4

preferred

i

4.40

3V2C

__

Co

Ltd___I

'
_•

Jun

3.30

—

Canadian

T 24c

Corp

¥

52c

v

___*

preferred

Class

Nov

Dev

230

2%

r
25c

:,

•

A

Canadian Breweries

Canadian

6c

12c

50

6'A

27'A

-

12

6

28

2'A

3,050

12
6

Canadian Bank of Commerce—*—10

Feb

3c

„

Nov

3c

Aug

•

4

Preferred

Jan

3,000

__

17

13% July

60
4.500

Oct

Power

class

Permanent

15

32.500

1

¥

17
4c

Jan

B

4%c

6c

—

17

3VsC

Jan

1.28

,5c

Oils Ltd

Co

v

Sep

34%

Canada Wive & Cable class A

1.90 Aug

6c

..;

•

Oil

Homestead

Dalhousie

¥

3c

2%c

Feb

21'A

3

T

Oct

6,500

18

Jun

Jan

16 %c

__i_4%c

Ltd

Anglo-Canadian Oil Co Ltd
British

'

9.95

_i.___.__l '

Wiltsey-Coghlan Mines
Oil Stocks—

__

0

Ltd

Mines

:

•

A

Nov

51,900

Nov

17%

2%

A_—

2.75

3.25

Oct

16

20

15c

Aug

Jan

25c

50

6,810

1

May

8c

1.25

Oct
Apr

.Nov

——•

3c

42c

45c

11

Sep

May

2%

Preferred

Jan

Conv

West

20'A

<*

Cement common

Canada

4,500

¥

19

2,086

10,800

...'77

76c

2%

A

Canada SS Lines common

22.000

10c

54c

'

11

16

19

1

Sep

Jun

Nov

8.25 Mar

25c

*

—

Oct

2.90

23c

30c

4

60c

74c

2,000

16

•

98c

100

May

25c

•

Jun

/

lie

10'Ac May

Jan

common

Mar

3.40

1.18

9C

1

Ltd

.

1

3,600

30,709

101%

Flon

25c

1.35

15c

May

& Edmonton

41c

1,000

Jan

54

23c 25'Ac

1

2.200

1.30 May

Sep

16c

Jun

July

A——

22,352
1.500

36c

Oct

97

*

42c

21,600

May

46

50

56c

10'A

♦•/>';

May

10c

18c

4%c

.•■7:77.

14c

25c

—•

20c

'

60c

55c

48c

•

Sep
Oct

Apr

Mar

317

Canadian Bakeries

Teck

51

•

9.15

32c

II,800

5'Ac

•

*

21

f

Jan

14% May
43%

10,400

33c

5c
51

5.00

Feb

205

L

8%c

Jun

Jun

1.25 May

8,100

2.75 y
1.80 *

1.80

"

,

*

71c

1

10c

2.57

;

i_._,
1
Mines LtdJ,_i____,__l

35c

-

30c

__

1

67c

Jun

5%c

20,000
v:vt~2,300

34c

♦

11%

500

c

11c
2.78

35c

Ltd

Cons

8c

1,200

7

8c

55c

Ltd

(1944)

¥'

2.60

5

<'67%c

•

21

'

8c

*

50c

Sherriu-Gordon Mines Ltd
Gold

'

,

,7„_1

Santiago Mines Ltd—

Siscoe

'

500

July

90

Campbell Red Lake

t 2.05 Oct

Jun

19%

__1

400

38c

38c

38%

100

—

Canada

Quebec Manganese Mines Ltd
Queraont Mining Corp Ltd___l.

8.00

|

7 12

2,160

99%

Products

Oil

class

Calmont Oils

17c

__

/y 8.00

10'/2

0

2.50

17c

' •

8.00

-

:

89'A

Bousquet

Canada

Ltd

13,764

7

,

3%c

Co

&

Jun

•

Jan

17%

75

13%
41%

99%

Class B

1.08 May

500

2.05

23

22

•

89'A

Packers class A

Steel

1.85

s

Jun

22

5c

Hill

Burlington

Mar

' 200

8c,

.;

2.05

__

1.17

Jun

Jan

;_100

*

5,100

4c

65c

90%

Porcupine

Building

Jun

Jun

__

•

Jun

1.45

20c

26%

Products

8.50

12,600

15,300

13%

1

,

34c

,

Mar

Lake

Oct

31c

2.35

May

July

Red

3.40

Apr

2.10 ^

1.06

40 %

30c

•

.1.68

Sep

13%

__

1

Jun

2.10

65c

86

Canadian

18c

1.60

3,200

24

Ankerite

1,625

2.10

Oct

68c

22

Buffalo
Buffalo

72c

__

1.14

2,730

Buffalo

Jan

300

J.:?.

Nov

4,210

Jan

2.12

12,782

2-10

96c

26%

70c

19c

a85c

-

<

Oct

9,950

26%

May

8,000

a23c

r

Oct

40 *

1.08

32c

;

1

2.82

_•

Oct

38

41'A

.

*

a85c

—1

28'A

Jan

,

26%

Bruck Mills class A

4'/aC May

Jun

3 5'A

805

:

;

26'A

Buliadison Gold

5,U00

25

34% July

1,170

2,020

'

26%

Jan

1.72

Jan

26'A

45c

2,800

11c

_100

pfd

6%c Jan

¥

Jun

26%

7

—

Dominion

a20V8c

l

33c

1

May

'

Sep

4'Ac

Jan

5.700

13%

Feb
Jan

*__25
Electric

Class B

Nov

6.25

'

•

4.10

27c

66c

»

__

*

3c''Jun

•

Jun
Jun

•

common

Class B
Columbia Power

a20%c

•

.

1
Oil

British

Nov

19%
'•10c

Jan

3.00
14c

96c

96c

*

8c

3.000

3.30

12%

39%

24,300

:•

48c

3.05

;

f

Ltd——,_1 r

Mines

Domes

Jan

15%

13

—_1

Mines

Labrador

J (ill

6V2C

61c

Feb

2.bO

334

1,785

'

3.10

33 »/s

5

Lake

Columbia

11c

Mines

Gold

East

L

14%

7l¥2lW
,

A

__

Ltd

Porcupine

t

18%

___*

j:

Pamour

Quebec

Jun

19c

_1

Ltd—:—,,

Ltd

Corp

O'Brien

Preston

Oct

26c

a7c

1

Mines

Normetal

*•

^

.

Ltd——.:.

Dredging

Goldvue

Pickle

40c

l

Mining Corp of Canada Ltd—
Nechi

500

18,400

1

:

Ltd

Macdonald Mines Ltd—

New

40c

7__l

Ltd

Goldfields

27%

373/4

"

,1

Light & Pwr com.*

Preferred
■

Apr

61c

:

27 Va

38% '¥"38%

27%

.

•

A

& Distillers

Jan

24 %c July

Jun

18%

1

9,666

5

,

Nov

55c

__i_l

7'Ac

!

Traction

i/.c

40c

Mining & Explor Co Ltd___l

Lake

7c

Brantford Roofing

13c

55c

—

7c

*

British Columbia

Inspiration Mining & Dev Co Ltd—_1 '
Joliet-Quebec Mines Ltd.
i_
;__l

42,525

1

500

11

5

4,700

27c

50

*

15,300

12c

Ltd

3.95

20c

14c

Jun

5%c

Mines

3.65

V

52c

6c

5%c

3.70
23 %c

1

16c

11 %c

38c

l

500

11 %c

May

Mines

17%c 17%c

Ltd__—__5%c

Mines

*

Bralorne Mines

13c

10c

Bob Jo

Boy mar

50c

II,300

Bonetal Gold

Sep

41c

Sep
Jan

16c

Sep
Oct

;

Jan

15c

Apr

90 %c

;

12%

15 %c

32c

May

50c

___i

Nov

25c

1

Gold

preferred

39c

1

:

Sep

Oct

Apr

1.40

11'Ac

7%c

Jun

7%

2,355

13%
ltte

Jun

10c

1.65

May

May

8c 7 Jun

3V2C Mar

Jun

8

9c

50c

.

6c

1

Kirkland

Ribbon

' 300
2,500

__

10% May

103

12,500

122,260

;

3,700

—1

—

62c

1

Mines Ltd__.7_.___

Mines

—

Gold

Bidgood

33c

.

Eldona

A

Belleterre Quebec

37 %c

19%

Mines Ltd
_'__l •9c
East Sullivan Mines Ltd_:____'7_...___l
4,65
• 4.60

1.40

6,000

•

Jun

Jan

13'A

1.19

13c

25

58c

^

...

class

Bros

19%

Duvay Gold

Elpen-Rcy

Power

7

Telephone

Nov

15%

Sep

Oct

7a/4C

4,750

^

15c

56c

7C

1

Mining.

58c

1

,

Dulama Gold Mines Ltd.,

Elder

Metals

'19%

Ltd

Jan
Oct

12c

—•

10c

May

8c

50c

7%

2,000

.28c

I,000

6,000

8

*__lo

Ltd

4V4c

»

5'i

Co

500

5c
1.10

4c

Oct
Nov

May

12c

9%c 10%c
*

—_10

*

Ltd

1,785
4,700

4c
1.10

'29c

,

Mines

2,000

•

30c

54c

12c

w.10

Scotia

2.000

5%c V

Jan

Aug

—1

Montreal-

Bathurst

300

34,300

:

7%
77

1

L

Consolidated

Barymin

,

168.000

10c

15c

Jun

1

Nova

,

—

8c

Jun

13'A

/

10c

__

Toronto

9%c May

'

Jun

5 %
60

7%c Jan

51c

1.25

1

—

of

,

Jan

May

Jan

12c

.

*——1

Mines

of

14c

•

7,100

1

.

*

of

.14c

1

Explorations Ltd
Courno'r Mining Co Ltd
Dome Mines Ltd
_L
Mines

10c

-l

Gold

Bank

lie

Ltd.l

Ltd

Cortez

Donalda

2,000

19c20'Ac

*

Bank

14c

a3c

Ltd—L—l

Ming

Mines

Oro

July

120

19c

Aug

-3c

490

76

.

Jan

70c

3c

1,000

7%

76

1

*

Bank

13c

Central; Cadillac Mines Ltd_^_l

Lebel

4c

9c

7%

76

*9-

Oct

Sep

1

Ltd

Astoria

Consolidated
Cons

''

Ltd..i4c

Candego Mines Ltd
Consolidated

500

A

(1937)

Jan

1

Bouzan Gold Mines

Cheskirk

Jc

7c

17%C 17%c V" '

"

Mines' Ltd_

?■

7c

.

9c

7%

1

——

Gold

Barnat

Eob's

9c

•

10%

Feb

22'Ac

Feb

2c

50c

400

1
100

5.30

8.65 Mar

8,100

__

Jun

2.85

603

1

;

Mines

Bankfield

Jan

1.000

^

-

,

65r

9,300

s

Oct

Sep

Sep

Oil—

Atlas Yellowknife

-Feb *

Bagamac

"' 54c

Jan

26%

25c

Steels

11

1.01

61%

6,500

13'A

100

50'/*c

Jun

25'A May

47c

*

Mines

11

1.01

.

40%

900

43c

Atlantic Oil

Aubelle

54c

I

Oct

640
.

47c

10

Athona

Nov

Nov

:2c

*.

Ltd

13%

•

54c

51%

l7%c Jun

Oct

—

1

Feb

142,000

12%

27c

1

Sep

47c

Jan

875

Jun

Metals Corp.,
Ashdown Hardware class

10

41c

27%c

Jun

12c

Armistice

35%

V

Apr

Jun

55c

Oct

Aunor

—

85c

16c

5,100

common

Gold

125

,

Jan

18c

Porcupine

Corp

al8

11

9'A

17 %c

Mines

Preferred

51%

'

6,200

Oct'
Feb

Jun

-7%

5,720

13%

<•'

8c

17'/2c

Mar

12%

21;

75c "

26c

t

70c

57

Arjon

33,

i,

50

26%

Araus

a

July

8%

Oct

5c

*

Rouyn

al8

10

I,000

1

Lead

51%

-

5'Ac

26%

Aquarius

15% Aug

Oct

104

55 %

Jan ;
Oct

46c

~

July

%

Jan

,

Jan

32%
a__

99

9% May

____

Nepheline

Canadian

Angro

118

Jan

100

13

Jun

Jan

8

¥¥
310
/¥¥' 60

14

'24%

41c

Jan

104

__

25

Angto-Huronian A

Jan

'7/v7

Corp___

Mines

9,013

14

_i

»

Anacon Lead Mines_
Ascot

44c

14%

25

13%

18%

Jun

43c

—

*

—•

C)_—;

Ltd

108

12%

.25

*

_

(KiniBi Stock***
Mines

60

43c
__

_

Arno

112

Jun

25c

10%

Jun

118 '

..

19%

-

24

8% Mar
15

' 33
33
33
*'■? a28% ¥a28% *28%

A
__

B

15

.' /•

25

¥¥__

class

Corporations class

Wilson

*

__4

Ltd

—J—-2—

United

Westeel

-1

•

Corp

17%

—

luO

;

Ltd

Canada

Amusement

Class

b%

Paving & Materials Ltd

Gas

United

rr

a9

17%

_4

Russell Industries Ltd

Nov

725

8%

Ascot

Quebec 'TU Corp

Nov

22

__

*

*

Canada

High
21%

Jun

5y4C

^

,

Low

16

103

<

*

American Yellowknife'

Jan
Mar

a_*

12%

24%

1

f

7

Apex Consol Resources

1,581

3,740

4,635

Mar

20 %
111
j

American

22

_______25c

common

Amalgamated Larder

21% '•

20%

*

Knife—.j.

of

20%

Range Since January,1

High

22

■»

7

*__*

Co

Low

20%

100

Cons

.//•/.

•

Ltd

Aluminum

"

20

-

Oil

Pacific

Aluminium

July

Jun

104

60

-.

,

4

15

15
75

7

a47

11

&

Aigoma Steel new

Sep

Feb

200

Alberta

Jan

112

Shares

*

—a—

Akaitcho Yellow

,

Oct

20%

Apr

9%

725

r

53%

'

;_40 : a47% '7

16 Va

18

110'/a Mar

'25

.

110% 110%

—

15'% May

5

45

.

5%

' 15%

__

110'A

Gas

Nov

50

for Week

of Prices

Par
—

Agnew-Surpass

Oct

bo

18

¥

1

Paper common

$1.50 preferred

Acme

Jan*

3

111% 111%
'
11
*" 11

-

,___50

red

Feb

12%

390

a20% a20%

«

(Preferred

7 50c

337

18

111%

1st pfd_100

preferred

; 1,000

76%

__

*

Paper 7%

>

;r

&

Acadia-Atlantic class A

a37

100

:____

Ltd

15%

Sa'es

Range

Sale Price

Jan

75%

76%

*

2nd

1.15

15

Week's

Last

STOCKS—

May

99 V2

■.

_

Thursday's

Jan

27%
.f

Aug

a—

High

16%

1

6Jan

60

»

1.10

*

'

:

_

Pilrity Flour Mill's Co

Quebec Pulp &

"

7

a20c

1.10

,

Ltd—. 10

preferred

part

355

-

99'/a

u45

,

Corp of Canada 6%
C

26

7% V- 7%

*

Enterprises Ltd

N

Nov

CO—¥—5'¥ ;i5'A

Paper

Service Stores Ltd

6%

18%

99%

„—_10

__

&

Lt

Orange Crush Ltd
Power

Feb

100

Power

cumuia.ive

Nuclear

Jan

17%

;*¥¥%¥¥¥¥-¥/ ¥/-«¥./

Ontario

&

pfd

Montreal Rmrig & Storage Ltd com—4
Moore Corporation 1.1a
_•
Nova

39V*

75

¥¥'

14%

-

•

,

'Preferred

Ltd

Canada

Montreal

Aug

18%

'7

Mersey Paper Cj Ltd

Minnesota

32

„

Ltd

of

13%

505

25%

& Tel Co common—10

McColl-Frontenac

Mica

275

37%

37%

Massey-Harria Ltd 6V*%-conV pf J__20 .¥ ¥*
Maxwell

14'/a
37%

14%

_*

;■

Exchange

Oanadlaa Fiida

•

High

18%

/

—•

Co—

Low

Lou*

■;

ar.firt

4

70c

14%

14%

24

Sep

15% Feb
17%

Sep

2?

16%

16%

16%

11,543

4
4

29%

29%
12%

29%
12%

125

32

Jan

30

40

12%

Nov

16

1.45

1.45

200

1.05

Sep

1.50

Jan

1.40

Jun

1.95

Sep

—1

—
—

t

—1

1.90

1.87

1.02

953

*

1A7

1.23

1.50

90.350

56c

May

1

1.01

97c

1.12

60.775

65c

May

6,500

14c

Jun

1

18c

18c

19c

Oct

Apr

1.65

Jan

1.45

Jan

32c-* July

•

'

(1948)

48,

COMMERCIAL'&

THE

LISTED

CANADIAN

CHRONICLE

FINANCIAL

Thursday

Chemical

Research

Cheskirk Mines
Mines

__i_l

Gold

■

Halliwell Gold

1.64

17,434

2.85

Feb

Halinor Mines

_1

16c

25c

Sep

1.15

Coniagas

Nov

Harding

Sep

■i8

.50

6

Mar

8

20

13

May

14

Nov

>V

Oct

2.00

3.20

Jan

4%c
97c

Mines

1,935

11

22c

20j/2C

3,304

17c

4%c

6,000

97c

97c

l,o00

1.45

bUU

Oct

Aug

Const,.iaated

Beattie

SSSZi 1

Mines

Aug

Sep

Heva

Apr

200

12

12'A

2,865

13

13

50

9%

9c

9%c

8,000

5c

51c

.'

,

1

Mines

:

Hinde

Oct

20c

Sep

3oc

——____—10%

7%

10

10 %

56c

58c

22,775

40c

5c

_2

Duquesne

58c

1.06

5c

1,920

4c

375

1.00

1.14

4%c

1

Homestead

Lebel

Oro_~

1

Consoiiaated

Mining & Smextmg

1»

Consolidated

Press

11%

Jun

Sep

Homer

Dauch

Consol

5'/4c
35c

133,606

42c

12,867

18c

Sep

Hosco

Jan

1.00

,,
*

1,500

22c

Jun

Sep

Howard Smith

1.25 Oct

Apr

Gold

*

_—____;

30c

Jun

83c

3%c

Sep

8'Ac

Apr

6c

Aug

12c

Sep

39c

3,900

21c

Jun

12,550

6c

62c

5,400

50c

29,600

6c
7c

15%

8c

17%

105 %

Oct

12c

Feb

Hoyle Mining

11'A

4,945

8c

6c

6c

12c

Cournor

6%

July

35c

Nov

jttuason

•

Jan

Hugh

Jan

Huron

Oct

20%

81

50

6

123

Jun

July

D

1.59

1.60

339

1.15

1.15

1.24

4,740

Miils_~—.—14%

27c

6%

125

14%

9

9

171AC

18c

5»A

5,150

_il

53c

53c

________1

_i.

9'Ac

1

14c

___1

______

Bay Mining 61 Smelting
Malartic

8

•

,

31c

Erie

class

A

*

"

12,650

paid

_

Jan

Oil

10

Detta

_•

•_

______

Imperial

Imperial Tooacco

Red

Nov

Preferred
4%

30c >' Jan

:

14c

Industrial

Sep

Acceptance

5%c

Jun

17c

Oct

Inglis

25,260

16c

Jun

43c

Jan

Inspiration

23%

135

20

Aug

23%

Oct,

International

Coal

8%

50

Jan

International

Metals

14c 17

%c'

7c

Jun

6% Aug

9 'A

.

Discovery
Distillers

Dominion

___1

2,600

7'/2C

8c

6,500

5c

3,000

27c

(John)

May

19

18%

27 V2

27%

28%

28 %

uummum

Magnesium

•

9

Dominion

Scottish

Invest common____l

4%

•

,

preferred.____50

'

to tores

Tar

Preferred

&

Chemical

Dulama

Gold

Mines

Ltd______

Duvay Gold Mines
East

Amphi

East

Crest

East

class

international

Oil

Suiuvan

Mines..

L

Oct

15c

27'A

Jun

36

7

Jun

13

Jan

14c

14c

15c

0,000

12c

Nov

52c

Jan

7%c

8%c

12,700

1

13c

Sep

16c

16c

700

July

19c

Jan

6c

8c

8,966

4'Ac Mar

8c

15'A

Jan

22

Joburke

Gold

Sep

1

18c

17c

19c

17,450

15%c Mar

325

24%

Feb

28

Oct

Joliet Quebec Mines__
Kayrand Mining

1

57 c

55c

63c

74,622

26c

Jun

63c

Nov

5c

6c

1,700

4c

Oct

Jan

1,860

Jun

29'A

Nov

Kelore

14c

22%

6%c

7c

1,750

6'Ac

Oct

23c

Jan

8

Oct

14'A

Jan

Kelvinator

26

Feb

32%

Nov

3%

Jun

Sep

Kenville

495

0

23

Sep

1

1

Mines

5

6%c

i.OiU

21 %

Feb

35'A

Oct

Kirkland

17,200

3c

Jun

10c

Jan

Kirkland-Hudson

1

75c

60c

85c

7.200

41c

Jan

95c

20

Aug

25'A

Apr

Kirkland

1

Apr

1.3G

1.34

1.44

30,940

•

2u Va*

20%

21

480

1

4.80

4.75

5.00

2.775

J

Ken-Addison

,

60

1

23 % >

1

Golden

Gate

1

Lake

150

19%

Apr

23Va

Nov

Labatt (John)

100

22

20

Aug

27

Mar

Labrador

Mining & Exploration

Sep

12

May

Laguerre

Gola

Nov

Ltd

Dufault

Mines

1

Fortune

Gold

•

17c

19c

25.6U0

15c

Jun

25c

Feb

Lake

Lingman

i

9c

9%c

14,700

5c

Jun

17c

Rowan

1

Lake

Shore

Mines

Lake

Wasa

Mining

/

9c

/ >■:

-

-Z"

570

10c 11 %c

9%

,

5,000
1 i,rtUu

2.50

2.68

47

58,750

2,275

47

__

16

4 77

Jun

July

19c

"21,050

5%

4.55

7c
5c

6,000

5.00

2.42

4.70

_i

10'A

7.0

11

6c
6%c
24%c 27 U/4C

27%c

40V2C

"

51c

16c

Sep

10%c

Jan

38c

Jan

Jun

1.83 May

3.25

5.15

Nov

7%

Feb

La

Sep

1.62

Jun

4'A Aug

2J

38

Jan

45

Oct

75

16%

13 % July

17

Jan

4uc

41c

30c

58c

7,250

49'Ac 55'Ac

Jun

Luz

■'

20'A

"

21%,

44c

4.65
15 Va

46c

Sep

27c

7,140

Jun lJ

4.75

Nov

Jun

16

Jan

39'A

035

30%

12'A

2,285

Aug
May

124

55

6c

5

__

98% July

God's

Gold

MacLeod-Ccckshutt
MacMillan

1.30

Sep

20 Va

Jun

8c

9c

3,500

24

24

275

99

99 %

45

2.25

2.25

2.40

9,555

2%

2%

6.50

6.90

7%c

7

%c
3c

Grandoro

Great

Mines'

Lakes

Preferred
Great

A

Paper

common

West

Greening

Mines

Gulf

Lead

Gunnar

Gwillim

For

footnotes

1
1

see

page




42.

Oct

7c

Nov

2c

-

July
May

11c

Oct

Apr

Mclntyre

8c

5%c

3%c July
74%c Jan

McKenzie

2 %C-

2 %c

85 1

16c

:

;

87 *

52'A

10% 1

16c 16 %c

15c

-

*

Milton

Sep

Mining

Jan

Modern

12 %c

Feb

Monarch

9%c

Feb

Mnntreal

Feb

Moore

3c

Sep
-

1 %

Jun

Apr
6%c Nov

4

Sep

103

Apr
9% Aug
10'Ac Feb
-

13%

13%

371/4

3 7'A

3 7'A

22

22

22'A

91/"^

8'Ac

20%

50c

c

20'Ac

5 i/4C

4%c

1"/8

50c '
*

910

12c

9Y4

-

-

73

Oct

Jan

53

Feb

10%

16

-

.To
500

Gold

82c

20,600

53c

Jun

86c

Jan

1.29

6,800

y;»c

May

1.35

Nov

5 %c

500

5c

Oct

12c

Feb

55c

May

1.08

Jan

Jun

32%

Oct

Jun

32

Sep

59c

64c

67c

23,700

31'A

31%

32'A

635

27

31

31 %

i50

27'A

5%

5%

10

5

Aug

0

9%

9%

25

9%

Nov

11%

Feb

18c

21c

43,800

be

Jun

45c

Jan

12'AC 12'Ac

2,000

8c

Jun

17c

Sep

1.90

19c

A

__

2.80

46c

7'A Mar

2.80

2.95

8,035

45c

50c

15,500

21c

May

74c

Jan

6c

-

6c

2,000

5c

Jun

13 %c

Jan

34c

Jan

Jun

3.10

15c

15c

3,500

1.80

56,400

77c

Jun

9'A

a,.-'-'

9%

1,095

8

Jun

6

Jun

7%

Oct

Jan

3.70

Sep

7%

7%

7%

1,225

3.20

3.10

3.45

22,740

-

16%c

Oct

17%c

Jan

Jun

16

40

Apr

Sen

25

Oct

3% Mar
45c

Oct

30c

25'Ac 34 %c

94,100

3.05

3.05

3.35

2c

,

Sep

1.58

—f

1.65

2c

2'Ac

16%

17

9%

9%

35

10c 10'Ac

16 Vz

93/4
'■

12'AC Oct

2.40

1.85
10

64,775
30,500105

16c

Jun

34'Ac

Sep
Jan

Nov

2.02

Jan

3.45

Nov

2c

Aug

4 'Ac

May

Jan

17

Nov*.

May

11'A

Jan

Jun

15c

10%
8

1,700

8c

4%c

5c

3,600

3c

Aug

7c

Oct

22%

22 %

3,035

15%

Jun

23%

Oct

,

5c

22%

15%

16%

16,873

10%

Jun-'

99%

15%

:::ioo

99%

100

400

90%

Jun

67%

69

3,348

50%

Jan

62c

1

-

62c

Sep

16%

Nov

100
m.

Nov

69

Nov

64c

10,600

71c

Oct

3%c

4c

2,000

3%c

Oct

12c

Apr

10c

10c

1,020

8c

May

21 %c

Jan

9c

9c

9'Ac

8c

Jun

12c

6

5%

6

1,065

4c

6c

11,500

10c

!____!
»

9

Oil

—

•

____

1.15

3,200

1.25

12%

13%

13%

13%

,

__a

Knitting

♦

Porcupine

1

Corp

•

—

9%

9%

36 %c

•

Lnrnmnt.ive

;■

13

13%

«

9

36c

20%'

20%

30c

Jun

5%c

3%c

7%

Sep
Jun

Sep
Jan

7%c Mar

Preferred

™—25

95c

July

1.55

9%

Oct

i

Oct

v

480

38c

3,500

36c

1,165

Jun

'

17

75'A

26%

26%

Jan

60c

Jan

130

3

r

V4 Aug
64% Jun

600

76

--.

Apr

14

Sep

Nov

15

12%

Jan

13%

8.25

45

9%

3

1'.

-

1,100
7,330
-

20%

76

common

Morrison

4%
80c

Jan

Oct

Jan

Brass

Mosher Long Lac
National Breweries

Drug

Preferred

National

Class

25%

Apr

27'A

Feb

62

2%

Jun

3 %

Sep

15%c

Nov

23%

Jan

76

-

Nov

——_—

class

8c

May

39'A

39%

225

8'A

8'A

8'A

245

6

Feb

11%

11%

12

145

10

Mar

12

Nov

14

14

650

12

July

14%

Oct

*

14"

imio

30

Aug

65c

Jan

National

22c

1,700

16c

Jun

25c

Jan

National

Steel

27,500

3c

Oct

Car

35%

9

,

1

•

•

75

21

21%

30c

38c

21

20'A

21

1,360

2.04

2.16

8,900

-

Petroleum

30

21

21%

■

9

i

9,200

39'A

9

A

.

-

6c

Negus Mines

14'Ac 15%c

:

5

-13.100

17%c Mar

14'Ac
9

'■

mii 5

____

common—___

Hosiery

-

—

common

__—

Grocers

B

—

common

Preferred
National

9

:

9 '/2c

'5%c'

70c
1.21
5 %c

Jan

July

34

-150

-

-

79c
1.22

1

Containers common

National

i3>/2

Nov

16c

May

50 Va

-1,000

7

Nov

10%

„i

Corp

3.15

80

3,500

15c*'

J.

Lake

Brick

9%c

Jun

40

---800

16%

Mar

68'A

Mills

Nov

30

52'A

10'A

-

Jun

10

•

common

Lake

Red

McWatters

Moneta

--2,000

6%c Aug

13

200

9

common

Red

July

4%c

-

2'Ac July

450

*

Gold

McMarmac

Jun

1.55

3,000

---:-3.500

x

13,500

Porcupine

5c

4,900

5c

c

10%

—T.__.

-

3c

4,500

Sep
May
•Jan

16%

»

Preferred

9c

1,000

7c

2.10

~~

K

40c

3,000

6%c

12c

16

^—1

McColl-Frontenac

Mid-Continent

4^8

Lake

7.70

Mercury

n^/a

1 -

Gold

Jan

4.75

Feb

1

Mines

Oct

1.20

Jan

Wire

Giiavana

17%

-

56c

.

"•

____^

Jun

19 %c

6c

Va

7.30
19

Oct

Oct

Sep

Jun

7c

•

Coal

2.75

78c

Jun

5C

•

A

Jan

Massey-Hams

29c

1
<•

110% May

14c

2.00

4

5c

10'A

Hi

6.400

9%c

16% Mar

16

1

—

Gold

3,500

6c

Fields

Maple Leaf Milling^
Marcus

18c

9%C

5.80 Mar

50

1,000

4'Ac

4'Ac

1,470

18

6'Ac

1

Mines

Martin-McNeely

40c

2.05

•

;

1.55

Nov

72c

_i„i

class

July

Nov

18 Va

106% May

37c

gy2C

7.15

18

Sep
Sep
Aug

10'A

*

Eastern

&

65c

'

Bousquet

Jun

13

-60,550

7.00

6'Ac

1

Gold

McLellan
2%C

18

1

Consol

17 %C

ZZ50

Mackay

Magnet

I7V2C

1 ?

Preferred

Graham

9 2'A

July

108 'A

5,000

1

•

2.90

66c

•

1 :

:

Jun

Jan

16

1.00J

2%c
,

1

common

85 Va

100%

6,890

0C

Tire

Manitoba

100

1

:

Malartic

Jan

1,300

16'A

6.50

1

Nov

330

1.15

16

____1

99%

1.75

25

1.14

,^1-

Gordon

110

7.00

2.00

Sep
Jan

96% July

10

2.85

*

Maosen Red Lake Gold

14c

27%

375

109%

Mines

Class B

Jun

May

20 Va

15

18 %

1.15

•

Ooodfish Mining

Goodyear

92'A

18

105 105 %

Si'

Feb

Jan

Gold

Export class A

Maple Leaf Gardens

92'A
18

7c

2%
26

60c

Jun

1

Jan

700

17%

Jan

1

Aug

100

Porcupine

River

■_

8

2,490

Jan

34c

600

1

Lake

12

1.55

10%

5,500

1

Mines

Red

Nov

l

Manitou

MacDonald
Macfie

Aug

,

Gold

Feb

Nov

7'A

25%

2,036

49c

2.57

1

—

11 Vz

,

A

common.^.^

__i

Mines

Mines

30

Arrow

Goldora

Macassa

150

23/4

Gold

Gcldhawk

Sep

7%

1.45

Feb

Oct

11%

24%

Jan

12c.

15%

!___

7%

:

class

8%

64c

Jan

Sep
Jan

5'Ac May

*

Golafields

11%

100

Eagle Mines

Golden

Louvicourt

Lynx Yellowknife

90c

24%

com

Mines

Golden

Oct

Nov

Feb

Jun

fic

7c

1.45

May

45c

•
common

1__

Nov

129

30c

5.000

*

A

A

40%

12c

7%

class

Hosiery Mills

12%

May

5,200

7c

•

..

100

.__

Lake

Goldcrest

Lac

,■

_»

Gold

Goldale

■i

37c

2%c Jun
65c

°(

B

Class

3.10

Oct

14%

1

Groceterias

London

13 Va

2'Ac

2.50

1

730

2,500

7c

*

Long

51,900

3

Gold

6,420

99%

Lake

Oil

Loblaw

10.000

98c

3 7c

14%

4%c
2%c

45c

Leduc-West

4.80

123

«

Wares

Jan

2.50

Leitch

15%

11%

,*

Petroleum

Globe

Little

Sep

2_

Yellowknife Gold Mines

Jan

6.50

89c

3iC

•

Lexindin Gold

15'/a
38%

Bakeries

Glenora

Nov

74c

i

4.65
*•-.

ni/2

Preferred

Gillies

21%

May

Jun

19'A

395

38%

«

_j

23%

2%c

1

Macho

preferred
preferred

Sep

Aug
May

2.85

*

Secord

Sep

Oct

4c

.•

5Va'ic

19

1.85

*

!___

Lawson & Jones clacs E__

July

10c

33,200

3%c

■

92c

1

Mines

"U"

15c

Jun

6.499

13c

«

preferred

Jun

1

Mines

Larder

82c

41c

14c

10c

1

*

>___

1.19

•

Mines

Lapaska

25c

65,762

12c

;

1

Lamaque Gold
Lang & Sons
-

Sep
Sep

12c

Manufacturing

Exploration

4c

Jan

Jan

:

w_

10

common

Sep

23

50c

Steel

3 %C

19%

35 V4

•

200

General

4c

Feb

14'A

Jan

6.500

Giant

13,085

Nov

17%

8%

General

19%

46

8'A

General

18%

13c

Jun

4c

Power

13%

5%c Mar

Jun

6,000

5 Vc

6,000

Sep

13 Va

80c

Gatineau

100

6c

28c

41

5%c

Gair Co

32

5%c

9c

50

A 60C

Frobisher

32

6c

■

■

Gold

3%c May

2,845

80c

Gold

Jan

Cc

8VaC

Cos

Nov

21% July
29

1

*

Fraser

Jan
Nov

Jacknife Gold

1

Francoeur

'

Jack Walte Mining
Jellicoe Mines (1939)_

Federal Kirkland ___?r__iT.vfr:...1..,r

F'ord Motor class A__

54c
2.9c

Sep

Federated

common

Feb

9

Sep
Jun

Sep

Sep

•

Products preferred

7'A

270

Lake

^_100

Petroleum

20c

3,144

Lake

•

common

30c

500

6,196

Oct

_*
;

2,600

29c

38c

Class

Nickel

Players

765

40c

29c

27

Jan

»

__

8'A

38c

38c

9 %

92c

i

A

8

2'A

Oct

34%

13 %

*

Corp

Class

Nov

54c

;,v: llV'aC

Preferred

■

29 V*

9%

May

1

Mines_____—_____

Fanny Farmer Candy Shops

Fleet

20% Mar

25%

35c

20

Gold

Fittings Ltd

535

33%

38,700

;__25

Empire Brass class A„____

Fibre

29'A

7 % Apr

9%

64c

Gold—

Grain

Jan

28%

Jan

Laura

Federal

17%

26%

10%'

A'

Falconbridge

26 %

Nov

33%

58c

teider Mines

Famous

Jan

16

Oct

*

International Uranium

•

5'A

Eddy Paper class A..

c^uxexa

24%

115

7%

Nov

14%

•

9%

,_l

________

Investment

Pen-Rey

195

16'A

Oct

24

0

-10%

Steel

Sol

Jan

26

16

7%

32'A

Feb

A

59c

»

East

El

6 %

25%

Feb

16%

13% Mar-

19% Aug

4%;

22'A

•

Mines

El

100

26

27%

common

Petroleum

9%

1

Leduc

Eldona

620

7%c

Feb

10%

__l

„

Malartic

Economic

1,032

53,523

14%

Jun

29

22

___* :1'

__

;

East

Eastern

32
24

14%

1

*

,

Feb

31%

,__6

Coke

1

Woollens
Mines

22

21%

1
&

Lake

Donalda

Jan

20'A May

34

22%

Voting trust certificates__uv_-.-_—
Dominion Textile common
Dominion

340

Jan
Nov

117

22%

23

_,______________23%

_„

22

6c
8

Jun

46

34'A

common..*

Jun

6% Mar

17'A

A'., 3

Dominion

2c

110

17

17'A

»

Jan

46

—

Dominion Steel & Coal class B____i._25

Sep
Jan

57

Jun

27% "

4%

41c
39c

Jun

2,035

:

9

22

'

Dominion Scottish Inv

uoimnion

:

v-

Jun

Jun

38%

125
119

:

20c

20

1

27c

23 %c

4,500

8

—

Co__

&

Feb
Nov

14%

25,889

'

19%

__io

__._i.___

1.90

Jan

3c

116

•

Mining

Feb

32c

34%

*1,915

40c

37c

27 %c 29'Ac

18%

33c

Jun

39c

Ltd.,—

Bank

1.20

1.70

Foundry & Steel__

Dominion

Jun

1.65

'<

Yellowknife
1
27 %e :
Seagrams ______19 Va

Dome Mines

10c

42,000

11 %C

Oct

' Mar

16'A

«
_____

common

Jun

9c

Feb

1,500
26,000

8%

1

__

Lake

Jan

31%

25
common

2,165

3c

£1

preferred

Imperial Varnish

23

1.65

Lake

Red

Jan

12%

14%

Canau* orainary_5

01

15c

16 %c

Mines

Dexter

Jan

19%

22%

•

Sep

International Nickel Co
Ltd

13c

Sep

28

500

50

7%

--

,

Bank

30c

115%

1

_

Imperial

38c

v

3c

100

Jan

Nov

Nov

72c

30c

'■

9%C

'
__

Oils

Delnite

Oct

4c

75

48%

#

A.

13c

B

Decalta

Oct

May

July"

'

48%

1

_..

common

9

v

Feb

40c

700

&

6%

'

Oct
Jun

16c

Ltd class

29c

Petro.e um

Class

16

"

Patricia

Leather

Jun

10c

100

17%c

-a-

1

1.45

Jun

76c

13% Aug

2,300

Z 6%

W.

10
xMines

Aragon Mines

Davis

15%

27 c

'

8 Va

160

148% Mar

310

1

Pershing

Da vies

-

1.60

Preferred

Croinor

:

•

common

Crowshore

6%

100

Mining

Crestaurum

Sep
Jan

2,500
147,200

34%

35c 36 V4C

35c

15c

34%

13c

a

5c

2,695

104% 105%

class

Exploration

Craig Bit

17c

65c

8.75 May

295

10%

Feb

13 %C

7,200

17

34%

59c

Mar

7%c

—IIIIl

Howey Gola

4%c

Jan

35c

1,000

10c 10 Vic

10%

#

common..

Nov

1,500

17

I

Paper

Jan

10'AC

3,060

60c

1

Mines

Oct

38c
12

Sep
July

4%e

7%c

5

Yellowknife

Hunts

Conwest

9

7%c

■

Consolidated

Consolidated

Cosmos Imperial

Mar

15c

no

Feu

&

14% Mar

36c

'

10'Ac

*

16,655
v

10c 11 %c

»

1.25 Aug

Jun

9c

9% May

50c

10c

•

85c

5,705

Sep

Oct

Oct

4'Ac

•

Ilighland-Bell
High ridge Mining
Highwood Sarcee

1,000

32c

60c

Jan
Nov

5,250

1,24

Sep

12%

7'Ac

'

•

1

_

1.24

10c

1

_

7'AC

1.60

11c

Mine3

Gas

12%

28c

■

Aug

10c

1.10

Nov

3c

4.50

Jun

9%

"

consumers

8

9c

1

Mascot

Gold

13

3.50 Mar

28c

1

Jun

1.32

10c

1.10

Consoiiadted Central Cadillac _____;_„„1
Consolidated

1%0

4.25

9%

•

Gold

Hclbnger
Bakeries

Jun

.

Gold

Hedley

6c

1

Consolidated

14

4,000

12

Gold

30c

___1

Ansley
__

Heath

Jan

64c

1.40

•

15

May

4C

4%c

5

Consolidated Astoria

3,266

2c

'

Carpets

Hasaga

High

18

2c

:

•

15

20%C

"

—

Low

17%
4.25

Headway Red Lake

14%

1

Petroleum

Range Since January 1

High

Nov

14

nara

Shares

2C

*

Gold

Harricana

14

14

1

____

Mines

Coxnaurum

Jan

6,000

17%

,

_

Consolidated

Rock

5%c
45c

8,904

_•

Bridge

2'Ac July

13,000

45c

2.85

8

_,

Oommonwea.th

Hamilton

Alabastlne

&

Hamilton Cotton

24c

3'/4C

14%

Yelloaknife

210

1.75 May

Oct

35c

■■■

Lake

May

1.15

2,70

Dunlop common

A

Coiomac

Oct

10c

500

V

1.15

3c

1.45

Lime

for Week

Low

1

3c

1

Cockshuft Plow
Coin

Gypsum

Jan

37c

,

Class

Mar

10c

2.74

—

Willans

Cochrane

98c

May

1.60

,

'V

1

Oils

May

.4c

16c

Malartic

Citralam
Coastal

41c

1,500

16c

1.60

______—-—_* •••;:

cocnenour

7,000

5c

-

Sales

Range

Par

High

Low

Week's
of Prices

Last

Sale Jfrice

Range Since January 1

High

5c

_r—._T_T_1
-—

Chromium

Shares

60c C2V2C

62c

_____~_l

Cnesterville

Chimo

50c

_

____

STOCKS—

for Week

Low

h

"

Thursday

Range

Par

'

JI

Sales

Week's
of Prices

Last

Sale Price

Mcmdajv-November" 14j-1949

MARKETS

RANGE FOR WEEK ENDED NOVEMBER

STOCKS—

;

•

2.10

r

80
■

(

*

35% Mar

27'A

8'A

Apr

13%

39'/a

Jan

450

15% Mar

8,100

30

21'A

26'Ac Nov
16%

1.95

\

Oct

"Nov

Nov

21%

Jan

23%
-

Oct

47c

Jun

May

Nov

Jan

2.63

Apr

-

COMMERCIAL

THE

Number 4855

Volume. 170

CHRONICLE

FINANCIAL

&

(1949) '-41
%

CAN AD I An

liste d

RANGE FOR WEEK ENDED

Last

Par

Neilson
New

preferred

Low

103%

__100

-

IOC

Bidlamaque
Calumet

-I-Il

1.35

1

Mines—___

22 %c

New Goldvue ___;£__—

New Jason
New Marlon Gold

Newnorth

Gold

New

New

Pacalta

Oct

31c

47c

Oct

33c

Oct

56c

4,785

20,200

9c

11c

3%c

3%c

45,850
1,000

3c

6,500

3c

Jun

9c

9%c

9c

72c

3%c

Mines

•

5Vic July

12c

Sep

26c

36,750
2,500

*

2.80

2.80

2.97

•

5,919

40c

3%c

15,965

Gold

4%c

4%C
-1

4%c

Northern Canada Mines —£——___

*

48c

North Extension _*—_—£■

*

12c

12c

9c

9 Vic

Northland Mines

;

—

North Star OH common—

9%c

1

.

11

:

Gold

£

Mines

1

2.15

2.10

1.97

1.96

2.10

23c

21c

27c

3Vic

3Vic

Nov

Taku

Sep
Feb

Tamblyn Ltd common__—
Taylor (Pearson) common—

Jun

9c

1
9c

•

-

_

Ontario

Steel

Orange

_

____

—50

Orlac

■

7c

8C

1.03

1.05

1.15

Mines

96 Vi

NOV

8 Vic

Jan

2.15

17,300

Jun

2.27

pet

24 c

3,500

Toburn Gold

21c

Page

Hershey

4%c

Pamour

Porcupine

43c
1.82

16%

16%

Pandora

Western

53c

Tower

Jan

Feb

27c

—

Parbec

3c

July

6c

Sep

3c

Jun

9c

Nov

Piccadillv
Pickle

Class

125%

Oct

Feb

32%

B

Twin

•

City

Oct

22

Feb1

Oct

70c

Aug

7c

Jun

16c

Nov

Jun

6c

Jun

20C

Feb

Union

5c

May

12c

Oct

United

45C

May

7c

i'

1.17

1.19

10%

10%

300

11%

11%

100

Reef

Porcupine

43c

43c

490

1.18

Aug

•

A

'23%

24%
23%

50

"i

50%

Sep

i

United

1.55

1.69

96c

May

1.69

Nov

'

United

Oils

5c

4c

July

9C

Jun

United

Steel

73,465

:

6%C

4,500

15c 16 %C

2,517

4%

15c

4%

4%

1,000

3c

6,000

8Vic

Sep

24 %C

3c

Class

Apr

>

"

8c

Apr

Jan

6c

2%c July

r

.

Sep

B

Predion

7 V2C

55c

Jun

89c

Jan

v

20

25

27

Feb

2.10

2.10

2.23

3.60

3.GO

3.70

i

;

7c

7,500

•

15 %c Mar

Apr

■

.

8,160

1.71

1,500

2.70

3.00 Mar

'

Sep

^00

Jun

Sep

17

17

50

16

Jun

17

61c

16,580

55c

Feb

90c

Apr

15c

5,800

15c

Oct

65c

May

9%

815

6

Feb

13%

14%

9,680

8%

Jan

17c

18c

8,545

29

29

25

;24%

25

565

18% July

25

%

17c

_

'

.

—

.

w

.

9,700

30c >

Jun

43

,1,675

33%

Jun

Nov

i

1.16

4,450

65c

Jun

1.30

Sep

j.

1.07

3,600.

57c

Jun

1.25

17

16%

17%
12%

;

12%

2.12

6% May

18c

18,250

16c

0

70c

1,100

46c

54

170

47

Jun

55

105

17

Mar

23

3.30

6,825

13c

15C

5,090

Roche

19 V*

19%

72c

18,417

21

14,167

87c

>

85c

1,700

9%

9%
2.35

40c

Oct

Class

Roxana

Royal

Oils

>

y.v

7

1,065

3.35

173,985

5.70

5,651

9c

500

6c

30c

42c

24,000

26c

9.80

10%

6,120

34%

Eank

21

-

Nov

1.18 May

8

Sep

9%
3.75

Jan

May

8%c

4Vic

4Tie

3,000

2.25

2.25

200

23

75

26%

Oct

10

10

75

9%

Oct

8 Vic

8c

8 ViC

1,500

6c

3,800

23c

Aug

26%

27 %

2,200

24%

9.10

9.45

9,555

18cl9%C

9.15

Roybar Chibougaiw&u
Rupununi Mines '

1
1

18 Vic

•

17

common

4

4 Vi»c-

Vic

17

1st preferred—2nd preferred new—

—;

13c

9.70

4Vic

4,500

3c

Jun

10c

17%

830

14%

Jun

18%

Grocers

common

104

101% Mar

(George)

__1

9

9

600

4%

Jun

9%

.

49

24

24

45

17%

Jun

24%

Jun

9%

50

50

50

50%

285

37

1

4.00

4.00

4.30

8,600

1

6c

6c

6%C

5,0no

15%

15%

25

._£.

—

15

36c

15

Preferred

.1

.

38c

•

24

24

24%

47 V4

47"*

47%

50c

Sick's

Breweries

2.70

.

_

Silknit Ltd

Class B

Slater

(N)

Co

Fat footnotes

July

5 VBC

5%c

12,500

_

:;1

•

page

v

,14

8.65




100%

35C 36 Vic

-

14

5C
?

May

•32 Vi

32 Vi

55c

19,600

10

V: 9%

10

920

28%

28%

29

355

.____

i.—•

38

4,883

27

Feb

38

101

25

97

May

101'

5c

103

16

16%

> 2.35

2.53

6,805

36c

10,900

33c

Nov

>

2.38

'

;

32c

1

95c'

Mines

Yellowknife

32c

1

:_T

*

•

4c

16

115

Jun

York

*

Mines

—

30c

13,000

18c

13,700

61c

cf

class

*

A

6%

6%

6%-

2%

2%

2%

•

■

Toronto Stock

1.15

STOCKS—

1%

i

Jun

3

100

33c 35 Vic

5,030

66c

74c

39,300

31

30

31

110

20

300
1.500

20

55c

"

!

61c

10,533

Mar

.

Sales
for Week

'

.Sale Price

41

.,,

Andlan National
Asbestos C«rp
British Columbia

Nov

Brown

Bulolo

Low

Har

w

,

^

:—

*

Shares

of Prices

Range Since January 1
Low

High

25

24%

165

21

80

—;

High
7%

4% Sep

200

5
25

80

80

5

75

Sep

3

3 Vs

12,500

2

May

92

93

105

70% Jun
10

Oct

5

i._

......

Co

Pulp & Paper com—,'*
1

common—

3

.100

—

__

12 Vi

12%

13

200

Sugar.——*

22%

22Vi

23

1,290

19
30

4

965

3Vi

800

Feb

Canada

Sep

and

48..

Oct

Canadian

20

Jan

Canadian

Dominion

—

2%

Vickers

common

Western

—90

Lumber———*

3%

Sep

Consolidated Paper

i

22

Nov

Oct

Disher Steel common

9.50

;

65c

; 15

,<•

19%

36%

Nov

23%

Jun

Nov

1.15 July

;« 2.75 Nov

Jun

91% Nov

Dominion

Sep

'

33
63 c

Oct

Apr

10

Nov

Sep

30

Apr
Oct

56

13 Vi

Jun

20% Nov

26c

Jun

40% ■"

9,085

51c

51,140

13V*

25

5%

Feb

14

40V4

42%

410

31%

Jan

42% Nov

10,470

2.30 Aug

640

33

75

21% Aug
18
July

2,205

43% Jun

72% Nov

7,915

13% Jun

19%

Nov

55

Apr

3.55

^.30

3.70

31%

30%
' 24
69Vi
18%
53

32

International Paper common
International Utilities

Oct
Jun

4

Jun

56

*

Hayes Steel

3% May

20%

56
19%

—Zi————•

Foothills OH

32c

* '•

Bridge

Apr
Sep
Apr

■

48c
A———

60
49

90

47c

19%

—•

Dalhousie Oil

21%

Feb

Jun
Nov

,

13%

Canadian Westlnghouse

1.60 Jan
3.40

Feb

16 Vi

23

•

Oct

25%

Jun

Jan

103

July

91 Vi

Jan

May

Jun

Jun

Jan

,

Feb

50

Jan

26

114/

Jun

5

Gold

87

59%

Oct
Nov

3.75 Nov

Oct

Jan

11% Apr

8%
22
93

99%

69c

Jun

7VB

Funds

Thursday's
Week's
Last ; , V' Hange '

.,.

3%

295

100

May
Sep

Exchange-Curb Section
Canadian

v.-"

May

21

35 Vic

Oct

48c

6% Oct

145

2,235

965

370

27%

Sep

•

37c

Jun

1,789

Aug

Sep

£j2.75

Jan

1.00

2%

29c

Nov

Mar

2.00 May

26c

1*

Knitting

Class B

51

7.00 May

:

Nov

i.7c

Npv

•95c

27c

Bear

,

Humberstone Shoe i_——w—24

——

—69%
18%
—

Langley's Ltd preferred—.—____—100

27%

Jan

11V2C Jan

i

.

5c

16%

i._c—

Lead

Oct

32%

10

Jan

11c

35 %

37%

.v-v..

'

5,500

14

Jan

37c
-

-

Yale

-

Jan

10% May

300

8:55

50 Vic

20

42.

Feb

Nov

101

common-

X

:? 4.75 Sep

15% Mar

lie 11 Vic

see

Oct
Nov

'26%

May

5c

36%

15%

55c

i_——

10c

Jun

7c

1,030

23%

450

South Brazeau

Stadacona Mines

90%

21,000

6c

36

615

20
___

■'■■■■

30

13c

6C

2V4

21

1

Southam Co

Sep

35

.

Mar

■

12c

22%

1.25

1

common

21

22%

1,300

.100

Gold

Sladen Malartic

710

36%

56,833

27%

Preferred

8iscoe

26%

26

*

20%

•

Nov

28

•

Apr

*

1.20

32 Vi

__

35

Jun

Canadian Fairbank's Morse com

45

50 Vic

•J*

Oct

22

29%

Canadian Industries common

22%

-I

class A.

9c

120

450

.

60c

'

Dairies

3,375

28

35

16 % May

515

.40

Slmpson's Ltd class A

10c

28

Jun

185

3,000

'

Silverwood

Nov

Oct

2.79

36c

_5

Preferred

51%

30c

2.58

8.55

Silver Miller Mines.

Feb

14%

20 Vi

—

_—_.

35%

16

20%

-1

common

60

Jun

-

21

Silanco Mining

Feb

51%

100 100%

Gold

15%

Jun

20%

common-

(Quebec)

9c

17c

1.15
s

Voting, trust certificates
Sigma Mines

Nov

Nov

6C

1.01

1.15

.1

13c

13c

13c

1

Sherritt Gordon

5%c

14%

,

19,300

______50

com
;

—.

1,000

V'

26%

Canadian Marconi—.

Shawinigan Water & Power

15c

5%c

12 %c

86

Jun

3.50

100

36c

_*
1

Shawkey 11945) Mines
Sheep Creek Gold

Jun

'

•

—

Jun

7c

100 VB

Preferred

common_^__

23%

5,500

1

Combing
Wright-Hargreaves

Oct

;_£_—1

Senator Rouyn Ltd..

15% Feb

6,566

9c-

34%

1—

Wool

i

Jan

71% July

Scythes &*Co

6.50 May

35

'

■

common

Nov

50

260

Scarfe class A

*

L_L.

..

20,%c May

104

85

Gold

Nov

'

10c

■/s/

_^1.

—

Jan

15%

Mines

SeD

42c

Oct

9c

,-■

Jan

15%

Antonio

13c

50%

34%

Ashley Minerals.

Oct

Feb

84%

Sannorm

Sep

June

5%c

A

Oct

9c

85

San

Oct

6.40 Jan

Mar

28,000

15Vi

.

7%
4.85

Jun

Apr

50c
28

Feb

_____1

preferred

Jun

1.10 May
4.00

18Vic May

;

5.85

St Lawrence Paper 1st preferred__.__99
2nd

Jan

Jan

104

Saguenay Power preferred ——.—100
St Lawrence Corp common.-..—

9.85

•

& W)
Li.!.

Electric
Preferred

Winora

Feb

11%

•

Jun

27 %

Sep

30%

Jun

38c

•

Industries

Oct

17c

'

300

Oct

8c

6,500

8C

36c

Royalite Oil

Russell

Sep
^

3.30 Nov

'

July

199

8c

,

(G

Winnipeg
;

Sep

3c

38c

__—

7

Nov

Jun

1.45

•

10

42c

•

V.'Uigalt Gold

Jan

Oct

27%

._1

—

1

Winchester Larder

1.20 Aug

May

———1

__

5%

7%

2.85
5.50
9c

_

Wiltse.v-Coehlan
■

Jan

65c

400

•

Co

Jun

85/4C Sep

3.15

•
__

Preferred

i

Jan

1.04

67c

May

11

.

100

2.30

'

2.30

28

Long Lac

Rochette Gold

1.22

k

Jun

65c

1

—

Nov

22%

5.65

*

Mines

Consol

Western

Jan

9%

Nov

70c

■

A—___.—
._£_—.

Oct

30% Jan

.

'

IGc

16c

«■■■:

1.30 May

320

a

Nov

2.17

Jun

26,200

7

7

17%
12%

Jun

9%

300

1.94

: 43

Weston

2,280

12

1

Robinson Cotton

27c

Sep

Sep

58c

1
class

15% Aug

8%c May
27

54

13c

——

(Hiram)

Western

Oct

C9c

64c

1.10

69c

Mines

9% Nov

3.15

1

3.15

0

—

Amulet

Yeilorex

Riverside Silk

Nov

22%

54

•

Hill

Westeel Products

"

Renabie

Nov

15c

West Malartic

:;j.

41%

Quwmston Gold

Regcourt

Nov

23%

'

12

—1

Waite

Walker

1.03

—

24%

Jun

May

8%

Mines

Wekusko

43

■

—

j

July

1.15

10

Quesabe Mines Ltd
Quinte Milk class A L—_

>

8%C

1

Reeves MacDonald

4,450

27'

•

Sep

Jun

17%
!

51c

17

;

Goc

2.03

Quebec Labrador
Quebec Manitou
Mining

'

May

27

Dome...

Purity Flour Mills common

Quemont

Sep

6

G5c

•

East

45c

27
;

Violamac

Jun

100

__i

_

29c

57 c

preferred—

Ventures Ltd

Sep

6,350

5

—1

Metals

.Jan

17

_

Upper Canada

v

5

36c

5

58c

Corp

Jan

12

"

/

30c

33 %c

•

Pressed

11

Oct

15c

_

*

.

Keno

1

Power

1.35 May

Jun

60c

•

Resources

25

Jan

Gold

Gold common

Jun

9%

5,425

23%

■

'

Class B-

•

36%

1

Voting trust certificates—

.

10%

,

35,700

23%

———

Corp class A

565

8c

River

Powell

•69C

1,600

"

,

1

14

Mining

48%

65c

Powell Rouyn

30

11%

Union Gas

6% Mar

3%

48

1

1'

Sep
May

Jan■jI

5

L_——

3.75
22c

Oct

17%

common

Nov

___

Pioneer Gold i.*

Jan

8c

Nov

18

6,500 :

33 %c

Mines—

2.54

45c

rights

4.00

a

Gold

Nov

Sep

6,820

10%

#

A

Television

18c

Porcupine

Crow

10%

9%

Feb

17,500

18

1.17

class

Transcontinental

Feb

_

___

Nov

16c

18

_

_

Jun

__

Gold

Photo Engravers

Oct

6%

13c

Vicour Mines

Perron

31%

45c 48 %c

•

B

2.02

Malartic

Paymaster Consol
People's Credit Securities

26c:

13c

»

Finance

Class

Nov

121% July

88,050

3c

....

Oct

25

.

Sep

46c

•

_

Petrbleums

Traders

2.60 Apr

Jun

55,867

5c

__:

_

10%

15c

Oct

2.35

.

26% July
4Vi Jun

65

130

10%

Jan

Sep

12c

*

Oil

Paramaque Mines

31

6%

/

31

2.75, NOV
43C.

Sep

1.27

Sep

11% Feb

Jun

•

Works class

4 00

Cadillac

Pan

31
6%

_•

;

Elevators

1.57

__

3,100

27c

Aug

34c

34,500

„•

0

Toronto

2.70

4

1.27

10,725

.

Mar

16c

33,074

41c

Mar

1.26

4,200

2175

1.62

Torbrit Silver Mines—

48

•

Ltd

Mines

5c

2.50

43c

*

3.70

•

Tubes

21c

2.50

—

Gold

3.80

1

2.00.

2 03

Tip Top Tailors

May

11 %C

Petroleum

,

Nov

97

United Fuel class A preferred. .£——50
Pacific

Nov

15% Nov

6,379

12c

6,000

87c.

Feb

8,800

Nov

16,000

'

Jun

78 % Mar

10c

Aug

925

14c

50c

3Vic Jun

3.40

11

75

5%

lie

11c

Mines

j

Apr

305

8c

19c

/. 50

32%

5%

1

__

Lake

Lake

Osulake

30

5%

•

Gold

Red

Osisko

common

125%

32%

0

Crush

Orenada

125%

5

1,000

3.25

Trans
Ontario Loan

Oct

97

8c

6

■/

Nov\

7Vic

3.25

3% Aug

535,600

Gold

96%

i

Tom bin

Jun

29

91

Thompson-Lundmark Gold Mines—*

Feb

1.11

Jun

921/a

——_io'

40c

Jun

Nov

13V4

Feb

60c
15

May

Oct

143,4

4

Oct

13c

Sep

—;

Teck-Ht.ghes Gold Mines

13Vic, Jan

Sep

River

Preferred

3.75 Jan

9

4,130

6c

Omega

Omnitrans Exploration

78

Sep

Jan

95%

_•

6

44c

85,150

30c 31 Vic

610

9 V*
90

18%

1.70

) 5 Vic Oct

14,800

•

335

1

—

520

<

Oct
July

17 %c

•

Malartic

26,100

■j

69 Vi

Jun
,

4,500

*

Oils

O'Learv

85c

15%,

Sylvanite Gold Mines

1.42

Okalta

78c

High

,

Jun

July

,

7ViC

Superior Oils Ltd——

40,645

Ogama-Rockland

•V 500

5 ;

5

96%

Sep

4c

5,025

2.35

5

-1.-25

Apr

Toronto Iron

O'Brien

1,830

• •

common

1.25

3Vic May

1,600

9c 10 % c

9Vb

10%

_

48c

Canada

1.03

..

1.70 Jun

2,500
36,000

—

_

of

Sullivan Cons Mines

2 %

500

—1

North Inca Gold

29

78c

Jun

25c

39,000

25

IZi

Jan

48%

3,000

IOV2C IIV2C

11 %C

7

•

Jan

90c

69%

8,390

:

May

47c

600

3c

14%

,28%

''

0

8c-

Sep,

111,900

34c

12%

common

Steep Rock Iron Mines———

Jun

74c

67%

79

Sturgeon River Gold
1
Sudbury Contact —1'

3c

1.20

39c

1,1°0
'28

Sleeloy- Mining ;

1

9c

9,000

3 Vic

67%

89

Jan

9,500

1

Mines

14c

4c

._1

_

Normetal Mining

May

'*

*

6uC

15

Steel Co

Jan

7c

1.500

8

89

?%

IlOO

.

■Preferred: ——u-_—_

Jau

,.

Low

7%

15%

pavirfg

Stedman Bros

Jan

/

Range Since January 1

Feb

23c

Jun

Shares

14%

_

Standard Radio class A—_
StarrattOlsen Gold—____

Nov

■

6c

1.15

___

65c

"

High

Low

common

Preferred

Mar

18c

/

20,664

;

10c 10 Vic

4c

•

5c

;

10c

_1

Mines

Standard

Jan

75c
.

Jun

4c

9C

_1

-

.

3%c

-»«'r

II

-

—

Mines

Norseman

18c

9 Vic

Norlartic Mines Ltd

Norpick

3,750

10%c

Nipissing Mines
Noranda

235

65c

Oils—

Yellowknife

Norgold

Jun

53c

;_1

Rouyn Merger

Nicholson

84o

22c 22%c

3%c

New TburboiA

' Feb

13,503

61c

.

__<•

9c

July

1.44

1.35

"

Nib

3c

Preferred

Feb
"

Norzone

New

3,500

15c

for Week

Range
of Prices

,

Par

Standard Chemical

Feb

104

6y8C Jun

-_1

ii-

i

Mar

100

'

X

Sale Price

High'

1,333

4c

Last

Sales

Week's

Thursday

Low

_1

Newlund

„

STOCKS-

25

IOC

4c

__

„

Range Since January 1

High

103% 103%

Alger

New

New

(Wm)

11

fcr week

Shares

NOVEMBER

Sales

Range

,,

.

Sale Price

Week's
of Prices

Thursday
STOCKS—

markets

Sep
r

Jun

28%
100

53

Oct
Jan

Feb

94c

Sep

26

Feb

31

Nov!

Pend

17

Mar

20

Nov

Price Bros

10

July
July

23

Jan

Southmourit Investment——__*

61c

Nov

Southwest Petroleum

41c

4c
5.80

Oil

18Vic Jun

15V4
23%
170
4c

5^0

5.90

15

Ogilvie-Flour common
;* Preferred—100
Selections—'

44C

24c

.

Oreille
—

__1

—A

24

■

—

'I

■

42c
—

61%
42c
39q

.

71%
19%
53

15
23%
170
4c

Minnesota & Ontario Paper——*

Oct

'

..

24

Oct

'

50

65

1,370
•

.

20% Mar

40

15

500

2,710

Sep

12% Jun
'

170

.

Nov

3 Vic Sep
3.35 May

.

22% Jan
.26% Jan ■') /
173
5c

Jan.
Jan

6.70 Jan
63.

62.42c

90

40c

Mar

45c

Sep
May

39c

1,000

25c

July

.40c

Oct

35

45%

Jun.

h

42

THE

(1950)

COMMERCIAL &

FINANCIAL

CHRONICLE

v■

' :•>

>

.-Monday,■•November -14; 1949

OVER-THE-COUNTER SECUR1TIES

r.J;'/

Quotations tar Thursday, November "MR"*/.,

,f J.

Investing Companies
1

Mataal Funds—

Bid'

Far

Aeronautical Securities

3.91

.

Blair

7.28

>

General

Non-Ferrous

96.02
22.32

16.07'..

Petroleum

19.53

,

Delaware

14,20'

15.36

——1
.100

Preferred

4, 100
" 141

136

1

5.61

-1

Fund

Mass

3.33

1.35s

4.07
3.70

-3.02

25c

Dividend Shares
Baton A Howard—
Balanced Fund

.

,

lc

3.66

lc

4.33

of

beneficial

Investors

Ask

-

l§5i.^

15,

May

''

1, 1952-1950

100.2

;

%s Jap. I. 1953-1931

99.24

99.30

,

!|I

i

100:4

2%s Feb.

5

100

Panama Canal 3s

-1961

119

2nd

Fund

-7-.02"

>

.

Interest—1

J

.

;

-t'l%s

120

>

7.69

*

100:8

■

Inc—1

13.51
14.17

Dollar

14.68

15.68

of

Boston

,

Maturity—

Int. Rata

Bid,

-1

13.68

Ask

Investors

National

X.

Security

1

200

3.80

: 4.00

Corp

.9.05

9.78

6.67

7.29

11 Vis Dec.

Priced Bond Series

Preferred

Income

Stock

1

Series.

5.96

1

Series

'

*

I

H

j *

f

Jmk:rn

Bid

Bid

Ask

100.0460

13,1949.:

loe^eaee

.0453,

11%8-Mar. l, 1950,

I,

100:0498

.0816

U %s Apr. 1,
XI %s'June 1,

100.*072 2

.0912

],
'

.1258

.0631

fl%s

July

1950
1950—

L

100.0221;

.0274^

100.0833

1950.

tl%s Sept. 15,

.0942

!

100.0902

.1028

100.0190

TO 3 56

I

100.0117

1950.

Il%Si Oct. 1. 1950

6.91

4.11

f

ny*# Jan. I, 195.0..

6.51

„

6.32

.0292

f

4.49

•

1

-

tl%s Feb. 1. 1950

1%* 100.1144

Certificates of Indebtedness—

Series—

Bond leries
Low

ji

•

Maturity—

,

14 69

I

National

19.10

:;

100:11

Certificates of lndebt (cont)-

tAprH 1, 1950

Balanced Fund

28.12

102.16

»

100.8

f

Price

Treasury Notes—

Ration-Wide Securities-

17.86

1957-1955—„±

I,

^

.^^102.8

U. S. Certificates of Indebtedness

28.77
13.20

26.30 *

Oct.
-

■

f

26.61

Mutual Invest Fund Inc—4

1.60

1. 1955-1953

,

4.04

12.21

15.08

1.46

Othtr Utmet

4.14

Inc_l

1

Equity Fund Inc.

Bid

4.77

3.75

'

'

u

..*

100

.

,

Stock Fund

/

C

15, 195#-:—__L.

Sept.

'' *

V

'

*

Feb

1.25s

3.50

le

shares

Mutual Fund

6.10

13.70

Investment

3.69,
3.17

3.35

Manhattan BondUFaadrBtoJUki
Mass Investors Trust—
r

37.60

Securities com—100 3,950

Christiana

CBmlfcanwe&lth

'

34.97

1
-

*

point

m

'

Steel shares

17.37

17.82

1

Fund

VAa

3-48
v< 3.78

,

1*.

Paper share#

.»•

8.45

Ctfs
Chemical

-

Industries shares—lc

2%

8.441

,.,-S

Century Shares Trust

3.15

*3.43

x

Home Furnishings shares—lc

94.10 '

1

10c

Bullock Fund Ltd

,

lc

6

<

20.65

,•

_—

S2nds of

FedesWf Xand Bank Bonds—.
'

Business Equipment shares-lc
Electrical Equipment shar**_lc

15.38

.

5

'

Bowling Green Fund Inc
Broad Street invest Corp

share#

Ask

46.96

*

14.15

2%..

Inr Tr of America-

Boston Fund Inc

Automobile

,4.03
*7.87

3.72

Holding# Corp,

; Bond

Big
47,98

34

32 Mi

Ameres Holding Corp
—19
American Business Shares,
1
Axe-Hough ton Find Inc
1
Axe-Hcrughton Fund B
5
Beneficial Corp
1

Par

r^emia Sayles Second Fund_10
Managed Funds—

4.24

-

v'l!

Agencies

Mwtoal Fonda—

Sw51

5,01

—1

Affiliated Fund Inc.,
;

Ask

*

Fidelity Fund Inc

„

Selected

Franklin Custodian Funds Ino—
Preferred

series

stock

;

5.26

14.17

New

England Fund

15.53

New

York

4.80

2

4.90

625
3,74
3.81

Federal Intermediate Credit: Bank Debentures
Bate

6.19

5.65

lc

Fundamental Investors Inc

4.48
3.42

3.49

Group Series

Low Priced Com Stock Series 1

.—lc

Common stock series

,

.

"3-08

5.72

\

Industrial Stock Series—

4

5.56

5 00

2.82-'

Stock Series

32%

31

—10
1

Speculative Series

1.98

1.81

Financial Industrial Fund Inc_l

.

iPlyat Boston Corp.—
•yWrst Mutual Trust Fund

27.72

25.64

•

<

14.93

r

Gas

,

Industries

shares A__2

Investors

1

4.86

5.21

Chemical

lo

Aviation

X6.62

,—le

x5,53

6.07

—le

X5.30

5.82

6hares

lo

X7.06
X6.07

Electrical Equipment shares lo

1

'

3.73

4.98
7.51

7.89

Machinery
Merchandising
Metals

lo

X7.20

/

Industrial Machinery shares le

X6.48
X8.91

Electrical

7.11

Institutional bond shires—lo

equipment

Insurance

stock

7.56
11.95

„_1

10.04

Railroad

.

Railroad

8.43

shares

lo

2.32

2.56

shares

lo

3.28

stock

shares

lo

X4.00

Railroad

Petroleum

4.40

Income' Foundation

7.51

Putnam

4.94

Republic

X5.71

6.27

Investors
Shares

.

1.71

21,33

8.42

lc

Stock and Bond Group

76c

Investment

of

Trust

value).*

asset

50.61

Dec.

10.57

Union

16.71

21.30

29.95

Fund series

25c
A

67c

75c

1

——

21.19

1

17.67

1

—

Series C

5.95

Wall Street

Stocks)—1

14.02

15.30

8-3, (Appreciation com Stks)_l

11.04

12,05

Lexington

Trust

Loomis Sayles

Whitehall

Fund

Inc.

18.80

Unit

Diversified

Trustee

Series E
North

25c

2.32

2.53

19.26

3.95

Co

Federation

Bank

8c

Surety..—10
lo

—:—

American

Alliance

8s

"

American Equitable

3.68

Series 1956

1

2.28

Manufacturers

American of Newark

Automobile

jj

Insur Co of North
America

32%
114%

Jersey Insurance

20

71%

47%

16%
25

13 V4

20%
5ft

National

33%

47

National Fire
National Union Fire

5J0;

961/a

x

-■

(J P)

Co_

20

New

57

Fund
of

of

OfWirtf Reinsurance Corp

'

•

"♦

Falls—
OBobe 8t Republic

OHobe g Rutgers Fire
2n» preferred—

8c Co Inc

100

City Bank

v'

-

35%

64

„

York

—

Nat'l Bank 8s Trust-17%

5.

Great
<*>

Northern

American

Hartford Fire

Hartford Steambolier




^

;

20

25

.100

300

City Bank

-i—16

32

34

34

35%

2T

315.

Bank -of

Detroit.

10

Pittsburgh'-;"'-;./,':'-.

;

-

///
100

2§5<

-

.

Mellon Natl Bank A Trust—100 x27Q

/■;/.

2477

44

'

290

34

* 32

46

Portland

92

90

United

44%

-V

V

625

94,

7

National

First

.

12%

>

20

Franciseo-"''-*'/':T Vv

-:V; San

..

66%
55

-

Bank of Amer N T A 8 A^12%

T

655

Bank

States Natl Bank

.

7% .J •;-;v 8%

—100

Bank

Co

Trust

Farmers Deposit Natl Bank

;

Indemnity Co

44%

v

46%

-

105

Casualty

29

Reinsurance

Republic

58~

/

; t

'

.-2
.10

Seaboard Surety.

Standard Accident

—12%
10

-

Security (New Haven)

105

98
,

Ohio> Power

7%

'

3r,

51%,

38%
49

35%

37%

91

36%

37%

Travelers
U S

.10

32%

Fidelity 8c Guaranty Co_2

34%

U 8

Fire

U S

Guarantee

100

103

1918

'3s2.i__:

104%

8.00

\

■

8.25

59

61

4

62%

65

10

80%

85%

8

22%

24

',•£

Power A

preferred

.104

V Hartford-Electric

*'

r

•

106

105

-

-54%^;

/-7.'^

light—

_160

pfd^-50

166

104%

5i%

-

3.90c

:Iowa Southern Utll 5%% pfd_30

'

105%'

106% '

.-

33

%> 'T"34
-

'

106'"

104 %,

!,.103%

-

r,

,

"

—T~*T

r".
a

'

■

^

-

\

■;

•

7

j,,;
.

•

State

Elec * Gas--

Penh Pow '8c Lgt

.

Pub

Ser

<

v.:

,

103,Ta
"r

-

$4.65

**7-

186 ;:io«ya. •,104

;r,;

*

-20%

,r ;

21

;

"->107%

__10l0

Transmission--2"

preferred
T.

,

,

JO-

100'

16

io5y»

!2t

.'r——

;

■-

/lor.-';
'

——

:

105%

:/

Elec—

; Staten Island Edison-^;/:l,90^ preferred
Gas

4-.16/V..-'31T

pfd_3C0

$4.75, preferred series G
Diego Gas A
4%%' pxeferrod

-

'

4% % pfd^JOO. .'.164%.'./..165%

San

104%

..

J

7.-197^"

166 V;

(Colorado) 4.40 * __1C0

Pub Sei v of t)kla 4.6576

101% ;;
r't Rochester Gas A Eleo--

-101%

-

Y

\";'4l/z%i pfd (series 1949»_*-160

_1978,105%;/>i 06 %;

1

54%

36%
47

52%

.

104%:

1978" 105 %7

West Penn Elec 3%s_______1974

10

—10

4.28

Tehn

10

Ask

51%

v

gj.Pow 82.20 pfg-v^.*

De>awat-e

; : v

,

,7-",
«.l"7,> : r.'V"
,
7
7
Tenn Gas Transmission 3*^19631 101%
wiOHi

101
'

preferred-——

Lt
,

37

•

,

: 4.75 %

105 y2

106%

A Pwr 32.50 pf<fc50

/ Central Hudson Gas A Elec—
t

7 100%

______1979

■■

;

—8

Westchester Fire

6%

..31.,,

.Bid

.;_;//AjFar,

Ariz Lt

-

101

96
■'

<N Y>.

Springfield Fire 8c Marine

39

/

North States Row1 (Wiser 3s 197?

17%

iq

(Texas

12%

"37

l#7fl

New England Power 3#

6>

54

—10

,

Cen

;./? .//:/■
;.'/v
1
/2%S.:1979u../U^—1003«r 100%

,-15%

Stocks

,

-

N

"

11%

116

/

,'loi)%

-

Northern Stajbes Powert(3Mlnn)

.5

—

52

40

106

•

111

10

Co.—

fit Paul Fire As Marine-

113

3%*

Narragansett Elec

'

19Ta

—10

Power

Public Serv of Indiana 3s»U979
,

Ask

!

Service Co 2%s 7—l__1969

:1st mortgage 2 %s

65

74

■l

-r

losy*

18%.

Providence-Washington

88

''

2%s_/l973

Kansas Power 8c Light—

39%

;

Preferred Accident

37

y

'

117

—

64%

27

Bid,'

t
-

Jl(l

Oregon, Power

Duke
Gas

29.

-25

Pacific Fire

68

-

} ,,f,'

59%

17%

—-—12.50

—

61

t*

Hanover Fire..

j.i.1

lOO .-SSJ)

54 J/4

.

27%

.2.5.0

w,

Phoenix

91%

.15

*

100« 320

43%

421%"
'

Kentucky 8c W Va Bow 3s_1979
Fire;

River—

38

18%

8

National

National

47%

Pacific

88

lo

Savings
Co

-

89

-

25

"

Calif

38%

44%

37%

71

a

A

Trust

/. Peoples 'First National

241

12% ;

York Trust

Bends—

30%

-

36%

North

10

^

com

28%

Amsterdam Casualty —^..2
Hampshire Fire
10

New

~

ie

Frisco

Newark...

t •

87

192

185

Detroit

"

9%

-61

61%

61%

Casualty (Detroit)—10

64 >

Plza Assn of PhJlA—

84%

100

#

s:--

52%

Bell Telephone of Pa 3s—X974

33%

8

37%

68%

36 *

Deposit" o7 Mdl Z-IO

-97.

,

-100 1,4 90
25
4iy2

31%

31%

4

5

Peerless

Fidelity *

Trust__33%;

"35

■

-

f

17%

,_10

Trust

y

57%

23
,

Group Assoc
h- Reinsurance.

Trust

Cleveland

10*
29%,
100 1,230
1,290
100
286
s
295

12

53

25%

29%

5
.

102%

*

...

A

Bank

->57%

:

33
94

25

i8y»

50
•24.

iq

"

lo
.,.10

17%

J

21%

21 %

—

Y

Fire Assurance
Merchants 8c Mfrs

60%

'

66'%

New common

N

Merchant

New

Ccntfanntai Casualty.,
Oftua A Forster Inc..

of

Maryland Casualty common
1
$2.10 Prior preferred
lo
$1.05 Convertible preferred
5.
Massachusetts Bonding.
..5

14%

31%

Fire.
Connecticut General Life—

Illinois
Bank

51%

14%

■

2Q5*-

118%

23'/4

_1Q

Ask

195

34%

10

lo
25

;

—

100.

Ask

,

Home

2%

American Re-Insurance

j American Surety

Bid

.7.7.

•,

National

;; National

16

United States Tru#t_

Bid

73

48%

Fidelity 8c Casualty_B

1.02%

i-02%

Companies

Central

10%

97/r
55%

»_5o

Title Guarantee & Trust—

58%

24Va

Assur—

l Q2,/n

bl.08

bl.08

Cleveland

49

18%

68%

_B

%

31

92

.10

American Automobile
American Casualty

1.00%

toi-08* 1.9T%
bl og

1950

Northern

' /

,

,

TrustX—110

-

i;

47

11%

70

r-4

—

1.00%

bl.08
.

1£)50

National

.

44%

27%

56%

20

Agricultural

Ask

0.96%

bl.08

37%

42%

Irving Trust
Kings County TrustLawyers Trust

89

10,

—

■

bl.08

105O^

2,

Harris

35%
;

Industrial Bank of Commerce-10

Par

Bid

-,;s

-

-

'■

A

Bank-

Guaranty Trust

1

'

26

9

First

102-

8.10

Companies
Aetna Casualty

y

.

'

Trust—

8s

Sterling National

Aetna Insurance

.

2.37

Series 1955

Ask

"•
1949

Continental

45-

2.08

•JSf Public

-

1.15% >>

T.15%
...

Par

145/

99

2Q

—.

National

Morgan

■'

■bi:30

City Natl Bank & Trust

339;

43

137 ,v

7.00

Amer Trust Shares—

New

i Aetna Life

26%

324

10

100

Exchange Bank & Trust J20

National

Big

1-50

Chicago

100

Trust

County Trust Co
(White Plains, NY)
Empire Trust

17,73

3.65"

25%

1

Independence Trust Shares

Par

8-

1-49

Ask

2.60

4.89

\i

bl.30

•

Peb

-

Stamped
Corn

Shares-

4.89

100.51

York

Fifth Avenue

First

4.48

98.50

3-50

*29,

Feb.

Bid

Manhattan Co_10

Fiduciary Trust

4.46

*

1.15%,

7-

Commercial National Bank 8c

Type Trusts—

1

Mutual Fund.

New

Continental Bank

17.65

—.i.

Stks)—1

Fund

the

of

Trust

16.49

1

—

Wisconsin Investment Co.
•>

**1.15% ^

bl.30

11-

Jan

0

Central Hanover Bank 8c Trust 20
Chase National Bank
15
Chemical Bank & Trust
10

23.24

27.46

9.9L

bl.39

1-50

:Jan' 19' 1950

.

0.96%

Brooklyn Trust

10.24

9.08

com

r

York

Bankers

10.25

10.04

-15,31

Fund

Jmw

bl.08

of

&

1.04

9.40

Investing Corp—1
Wellington Fund——
l

I

1-50

10-. 3-49

;

n

bl.08

Bank

10.21

Bonds).

5-

6-

J«n- 5, 1950
Jan. 12, 1950—

*

0.94 fo

1949_—

Bank

53.75

9.39

pfd Stocks)^—.1
K-2 (Appreciation pfd Stks)_i
8-1 (Quality common Stks)_l

8-4 (Low Priced

n«

hi 08
hi.08

1949

Par

7.01

(Speculative

K-l (Income

Knickerbocker

22,

New

18.59

17.43

1-49

1-49

%

Dec.

(

0 90%

Banks & Trust

6.29

94c

50.75

.1

—

Industry Shares

Bond

Series B

5.75

i
10c

Investment Corp.*

J

15.97

-1.15% y

Treasury Bills

0.85%

hi

1949_

15,

Dec.

21%

1

24.77

bl.30

r*

bl.08

_J

1949—.

8,

Dec.

11 43

20%

1

22.70

com

1.30%

bl.08

1949——J

1,

Dec.

50.61

Union Common 8tov'r. Fund
United Income Fund Shares

27.58

1

(Income

17, 1949

Nov. 25,

2.49

28.83

1

Bonds)..

8-2

1.30%

United States

16.40

2.27

Union Preferred Stock Fund

Priced

B-4

*

9-

3-50

r

15.25

14.23

'

Funds—

Bonds)

1.10%

8-

1.35

Ask r,

4-

11.88

1

Investors—,—

Street

Trusteed

8.47

7.73

Grade Bds)—1

B-2 (Medium

(net

Television Fund Inc

13.02

13.92

B-l (Investment

State

27.15

I

Keystone Custodian

B-3 (Low

1.16

1.05

11.89

Boston—1

Investors Management Fund

85c

24.98

lo
1

America

bl.25

1.35%

1-49

;';

15

—1

Fund—

Standard Invest Co Inc

Insurance Group shares___lc

of

Inc

Sovereign

23.06

7.68

Fund

Investors

2%
Shareholders Trust of Boston—1

1.86

5

(Geo)

Selected Amer Shares

4.59

lc

Group shares
Bank Group shares

Co

7.

4.25

Ltd—

Aviation

.

Scudder, Stevens & Clark

1

Incorporated

1.10%

7-

8.23

10.84

Trading——8

4.82

X4.5Q

10c

Fund—

Institutional

Investment

8c

X4.39

Fund

Howe Plan Fund Inc

1.10%:

bl.25

Ask
Nov.

6.33

1

le

+

3-

•■s.-

5.13

5.78

1

lo

shares

Utility shares

r

4.68

—l

le

shares

Tobacco

Bid

1.15%

8.18

.1

3.61

Steel
,

bl.25'

11.50

7.46

—1

equipment

Tobacco

Bond

1-50

8.73

1

,

Steel

RR Equipment
-

Utility

Railroad

5.60

.

X7.69

1-40

17.64

10.49

Pacific Coast Invest Fund—>1
Public

7.97

16.10

8.64

X5.10

lo

shares

Petroleum

1

—

8.06

.

1.15%

6-

11.00

5.77

X7.88

bl.25

"bl.25

10.59

X7.35

Low Priced shares

1-50

"boe

Dated

1.55%

13.10

9.66

X5.26

Investing Company shares—lo
lo
Merchandising shares
lo
Mining shares.
,
-lc

i

2-49

;

8.29

1
-1

—1

s

9.35

,

5-

1-49

1.10%

4.09

9.65

shares

3-50

3-50

;

10.76

X6.85

bond

1-40

bl.25

11.46

9.82

X4.53

.

1-40

Rate

1-40

11.36

10.46

X8.81

General

11.62

10.71

1

Industry

lo

I

10-60

1

2-4f

7-

...

;

Fully Administered share#_lo

Food shares

*,

8.79

(

Diversified Investment Fund_l
Diversified preferred stock—1

6.66

shares

8.02

..

Diveraified

7.74

—lo

Building shares
Chemical

11.57

Building supply.

.

Automobile shares

10.56

;

_1

—

4-

i.55%

7-11

—1

—

Bank stock.

7.36

Ask-

1212-

1.55%

6.52

6.49

Corporate bond serle#-

Trust

Bid

Dae

.

1-49

5-

1.60%

10.37

5.95

1

Aviation

9.46

—1

Automobile

53.10

1

Group Securities—*
Agricultural shares
.

—1

16.99

49.38

Inc

Capital Corp

General

.

Agriculture
15.72 :

—1

Fund

General

3-

1.65% :

16.05

'

Fundamental Trust

,

Dated

1.65%
1.60%

.1

Stocks Inc—

VI-

...

.•

7 "

"I

"'""tj-

Odd lot sale

(not included in yeafs range)., b Big yield
prlco. d Deferred delivery s^flos Xtiot
year's-range)e EX-interest
at Flat price,
k Admitted to Hstjhg on N. Y. Stoek Ex¬
change. n Admitted to trading N. Y. Curb./ t Cash sales (not
incidded in/year's- range).
tErliquidating dividend.
(Un) Admitted to Unlisted Trading
privileges, wd When delivered, wl When
issued,
x Ex-dividend.
y-Ex-rights. z Ex-stock dividend. .•
•

Included

in

.

•••'

'*No

par-value.-.tin default.

11949 range adjusted :(50%

tThese*bonds
stock

are

div: paid on

.7

;

;

.

subject to all Federal taxes.
Aug.' 31).
■'

-

..

-1

'

.

/;
/**;.

.

Volume

170

Number 4855

"

THE t COMMERCIAL

THE

CO V USE

Bank clearings this week show a decrease compared
with

a

based

year

Preliminary

ago.

figures compiled by

us,

from which it is

be

y^ar.' Our

preliminary

totals; stand

against $12,075,588,266 for the
this center there is

week last

at; $9,709,073,373

in

week

same

loss for the week ended Friday of

a

18.6%.- Our comparative summary for the week follows:
CLEARINGS—RETURNS

BY

TELEGRAPH
Per

Week Ended Nov. 12
New

1949

York

537,792,054

Philadelphia

524,354,850

Str
Ban

ZZ-Z--2'

i

280.027,477 >
202,814,516 I;.'-

five days_

cities, one

day__i

Richmond

—11.6

St.

-

602,771,288

935,336,468

;

York

'1949

■Stocks—

+

shs._

of

Month of October.

.

:

-Ten Months

San

.1949

Internat'l

1948

20,434,070

"205,666,344

245,937,492

$56,493,600

$66,631,000

$566,622,700

$786,083,800

Foreign

Bank-

16,000

7,411,800

govt

U. 8. Government

12,500

101,000

878,000

76,203,570

70,156,640

137,500

473,500

1,186,000

$72,582,460

$644,177,770

-

of

Federal
1st

$63,933,900

__

1946 to 1949 is indicated in the
Months—

1949

January
February

___

March

1948
No. Shares

i

1st

18,825,034

17,179,755
21.135.600

22,992,575
60,011,467

20,619,550

17,767,357

j

316,174,082

'

"
"

"

17,482,740

a

108,304,035

58,718,076

-

,

;

j.

;

16

,

125,369^656

_

20,595,100

18,751,895
21,785,250

___

August
September

23,837,155

._

Quarter

Nine

;

____

6,918,993,987

+

0.2

6,676,990,808

.5,690,590,716

was

1949

• »■

-

v"

-The

of bank

course

1st

43,450,216

2nd New

84,852,398

BANK

(000,000

'

CLEARINGS

AT

LEADING

Month of October-

.

omitted)

1949

1948

1947

CITIES

IN

1949

—

3.9

,

6,034,746,634

—

2.305.907.605
2,020,463,859

t;—

"

'

"

-

V

'

.14 cities

2,021,315,268

:

—

3.8

—

6.9

3,595,433,218

Atlanta

OCTOBER

:

2

1946

67,899,747,130

60,732,466,407 •"

35,946,052,732

30,549,851,772

York

28,585 29,751

z

Ten

3,898

1,182

1,215

1,246

1,026

11,270

11,877

10,504

Pittsburgh-

1,131

1,284

1,093

12,374

12,765

11,245

$

18,579,806,540
.27,629,293,336
59,005,172,899
20,875,736,455
17,305,001,036

56,334,753,703

20,364,209,213
16,220,886,774
24,914,686,022

...—16

11

22,088,113,080
32,964,881,770

623,322,266,449

—183 cities

—

—

3.2

■„

4.4

•,

—

5.5

;

7—

0.1

„

■;.

—

•—

649,022,462,258

342,491,691,556

v

—

1,645

1,795

1,675

16,008

949

975

:: 932

717

741

763

Phiila.
St.

Louis

San

_

Baltimore

3,307

City.

3,494.

l,974r

—

1,997

2,145

_

Cincinnati.
Kansas

■

17,251

16,006

;

9,108

8,255

7,547

6,810

5,825

1949

City

1,279

1,498

1,451

1,174

12,542

14,169

12,693

10,478

1,220

U98

1,368

1,175

12,643

13,788

12,170

10,260

10,596

11,661

10,242

8,435

.5,218

.5,068

16,298

16,490

4,722
14,551

12,397

5,021

4,465

Months—

18,681,132,547
15,170,288^17

8.1

24,207,710,823
18,704,419,567

;

2.5

3,811

1,136

1,396

1,351

1,029

Orl'ns

530

547

555

568

Detroit-.".

1,630

1,641

1,669

1,363

Louisville—

514

515

,514

421

Omaha w/ V

542

.572

Providepce.

ill

.108

Milwaukee-

257

253

334

,353

400

436

400

New

Buffalo
St.

—

Paul-

,; 569.

213

4,981

463

.248

V

./+■

—

4,871

110

•».

5,177

4,835

; ■

.1,122

-1,046
V 2,230

3,573

3,357

2,791

19,915,873,466

-

15,342,049,574'

30,480,648,308

4.0

603,237,511,261

571,907,630,423

307,026,945,505

268,735,831,235

.

...

26,980,415,463

1948.

65,683,182,576

—

"

;

—

1948

2.4

2.5

35,558,789,847

>

.

V;

/

Dec. %

35,545,654,953
29,923,848,922

—

—

'

2.5

99,571,804,110
32,246,290,957

J

o.e:;

TUil

100,806,321,542

7.9

3.5

0.7

~

35,336,817,667

'
—

Inc. or:'

$

34,301,881,896 V
29,710,132,367

61,328,509,538
/

-

—

62,064,219,618

66,266,537,592

33,839,268,189
32,597,114,173

69,422,367,362

188,062,570,632

197,169,769,556

376,553,715,846

390,517,171,107

60,116,443,954
61,332.548,193

1.2

—

65,667,968,051

31,894,721,758

4.5

33,625,838,907

35,448,835,893

46

97,766,851,622

101,885,218,255

3.6

197,338,655,732

202,691,539,797

as
1.4

30,961,385,266
32,617,197,751

3-7

33,199,806,493

34,837,901,644
33,940,101,695
35,147,049,748

1,933

3,365
3,758

193,347,401,551

■

June

955

2,547

'

'

•

.

■

May

3,873

1,051
2,553

299

368

Total, 1st Quarter
April

12,447,217,985

.

$

2.7

—

57,470,663,632
69,179,885,164

188,491,145,194

Cy;-:

15,979,580,904

,

6.3

1949

Dec. %

60,467,523,522

•••*;•*..

/

22,607,760,762
46,239,825,686

4.2

—

Inc. or

$

66,696,852,755

'67,473,571,210

March

4,555

1948

64,919,266,305
56,098,307,679

.v

j

1

„

Clearings Outside New York

$

January
February

'

29,598,773,385
Wr 15,385,975,239

53,955,216,715

■

2.4 .5 :
6.3
;

Clearings, Total All

7,585

7,067

34,533,150,006
.;

V

MONTHLY CLEARINGS

,

311,933,644,079
/

25,228,147,582

4.5

the clearings by months since Jan.
1, 1949 and

covers

1

14,911

8,938 I

645

Cleveland +

Minneapolis

following compilation

9,176 -:

828
1

The

$

20,934,363,874

16,927,225,363

:

°-5
'

.—

1946

22,513,024,711
;: 306,388,687,912
37,318,467,271
33,662,542,145

3.7

—

22,643,345,466
35,164.953,192

19

I

—

27,097,289,696

328,227,276,979

Francisco

Ten Months

v

.

1947

Dec. %

23,407,282,964

27,488,101,379

10,619

Fran-

1,253
1,773

2,982
3,874

Boston

Months

Inc. or

.

41,223,345;248
38,192,937,207

-J—15

Outside New York

31,953

30,182 295,094 306,530 296,210 303,171
2,920
29,681
32,033
29,984
26,069
1,978
18,845
18,931
19,478
17,704
4,029
3,611
37,387
32,079
39,175
35,501

_

Chicago

months for four years:

1948

$
New

10

Ten Months
v

7

City

Total

1,691,667,959

4.9

30
-

Dallas

12th San

3,079,478,641'

4.5

317,898,298,219

16

Chicago

Kansas

2,283,503,440

—

18,579,803,912

"

8

Minneapolis

1,502,900,657

s

2,826,555,544
2,277,119,466

m—

39,411,584,979
36,079,862,682

.14

Louis

5,198,630,880
1,917,068,337

.

65,626,289,486

22,652,114,852
306,223,267,283

16

St.

2,696,389,136

35,875,098,672

Ten Months

17

8th

*

2,402,630,562
.

$

Philadelphia

7th

3,237,775,493

1,830,914,155

2,907,553,845

-

62,695,638,400

,

Richmond

9th

3,792,644,226
-

6,241,987,831

—10.0

2,430,092,999
674,188,537

3,421,186,911

r

r

$

2,345,984,025
31,155,509,458

3,768,052,738
1,992,716,611

0.2

—13.4

2.919.534.606

1

-

4,239,526,733
V

5.4

2,300,233,429

■ -

33,079,030,297

•

-

1.0

»■-

1946

$

2,547,825,017

another table showing clearings by Federal Reserve Districts in the

6th

30,383,870

1947

9.6

1,749,701,290

Cleveland

10th

.

0.6

—

2,625,262,650
2,355.909,537

3rd

-

1948

—

3,836,966,780

--..-i

34,110,231,737

Jan. 1 to Oct. 31—

•••■

1946

4,107,081,612
■

1.0

—

"
r

1947
-•

-

—

5,708,262,432

-

*

or

Dec. %

1.7

2,940,313,231
"

City.

York

11th

is shown below.

'Inc.
i

—

"

5th

clearings at leading cities for the

years

1948

2,392,942,683
30,859,091,921

2,053,232,621
2,972,039,629

"

4th

month of October and the 10 months ended with October

iui each of the four

+

-

-2,017,426,747

-

in the San Francisco Reserve

District 6.9%.

4,083,139,103
•

.183 cities

Reserve Districts
Boston

20,807,082

28,634,629

Reserve District 3.8% and

»

3,467,715,494

"

lit,

-

-

605,742,908

are smaller by
9.6%, in the Richmond
Reserve District by 1.7% and in the Atlanta Reserve Dis¬
trict by 1.9%. The Chicago Reserve District
suffers a loss
of 5.4%, the St. Louis Reserve District
of 0.2% and the
Minneapolis Reserve District of 13.4%. In the Kansas
City Reserve District the decrease is 10.0%, in the Dallas

$

29,657,879,242

+ 7.2

District the totals

de¬

a

,

"

181,013,071 279,672,501

28,890,940; ;20,434,070

—

5.5

$

19

:

■■

+

Federal

55,643,415

57,187,920

176,775,404 225,503,422

.

282,599,090

379,255,327,1
201,318,519;

11,861,219,343

2,368,608,334

11

„

/■

-

•

6.6

13,318,141,213

7

25,663,765

16,017,170

17,563,530

64,374,300

—

Months

October

24,505,115
15,039,275

-t

9.8

1949
___

488,406,852

-

•" +

15

We append

6.2

706,855,356

16

_

Francisco

194,820,103

25,472,787
14,153,458

'

;•

8

Outside New York

3.5

—

13,013,264,809

17 V
,

__

—

398,019,803

757,470,692

14 V

City

Total

1.7

—

14,283,067,746

Vy

Louis

Kansas

942,142,730
517.235,288

456,206,199
298,025,182

:

14 cities

Minneapolis

83,553,396

112,401,104 168,315,502

;

..

of the clearings for

summary

St.

21,716,872

55.260,715

:

16

-

July

3rd

386,449,5581

384,868,521
463,968,242
265,063,337
732,689,880

30,409,809

Quarter
_

792,802,172.'

486,744,255

373,424,302

30

-

18,179,374

Months

947,258,298

499,188,967

'

For that month there

j

York

12th San

31,426,715

20,615,786

'

June

Six

925,855,551

"

"

Chicago

66,651.580 111,266,707

34,612,565
42,769,253
30,922,212

April
May

563,466,104

Districts

11th Dallas

34,092,745

23,757,877
19,336,900

57,140,389

__

380,975,401

605,699,904

Atlanta

10th

51,510,197

19,313,984

—

Quarter

2nd

23,556,803

16,801,286

412,984,863

—13.0

9th

1946

641,618,711

*—11.7

650,476,260

6th

No. Shares

6,370,092,854
728,290,384 1

736,110,067

408,831,101

8th

1947

,

4.8

565,614,244

7th

No. Shares

20,217,606

Richmond

+ 10.9
—

\

$

495,025,323

,

456,568,493

6

Cleveland

5tt

following:

No. Shares

today

Philadelphia

4th

.The volume of transactions in share properties on the
New York Stock Exchange for the first 10 months of

+ 20.0

'

1946

$

594,232,755
6,880,533,051
807,988,040

6,932,318,926

_

New

,

862,780.422

,

1947

3.0

+

"

City

Reserve

3rd

$861,229,400

-

!

"

lo

October—

2nd

Total -bonds

j

Chicago

."

_—112 cities

Boston

■>

816,225,288

10

Francisco

Month

inc. or

956,956,744

the! Boston Reserve District of 1.0% and in the Philadel¬
phia Reserve District of 0.6%. In the Cleveland Reserve

3,803,000

5,712,960

.

In the

City
smaller by 6.6%,- but in
by 5.5%:
by 7.2%.

are

Dec. %

6,336,959,610

for the entire body of clearing houses of
4.5%, the
3949 aggregate of clearings having been
$62,695,638,400
and the 1948 aggregate
$65,626,289,486. In the New York
Reserve District the totals record a decline of
3.9%, in

Bonds-—

Railroad & misc.

loss of

of 11.7% and in

13,0%.

■

$

602,743,009

crease

~

28,890,940

'

767,339,027

L

We also furnish

•

1948

of

the Dallas Reserve District the totals are
larger
and in the San Francisco Reserve District

"

4

City

the month of October.

The

>!;

Description—

Reserve District the totals

7,605,650,360

7

/.Total

follow:

District

Reserve District the totals show a-decrease of
1.7%, in
the St Louis Reserve District of 3.5% and in
the Min-.
neapolis Reserve District of 6.2%.-In the Kansas

"

L

_

—19.6

^Stock Exchange is appended.

Reserve

6

:V. —35.6

results for October and the 10 months of 1949 and 1948

Number

Louis

Outside New York

New

Atlanta

10

;

Dallas

,Our usual monthly detailed statement of transactions
the

the

a

17

J.

:

.

Kansas

12th

—18.3

♦Estimated.

on

4.8%, in the Richmond Reserve District

7

Minneapolis

10th

$11,140,251,798

$9,709,073,"373 $12,075,588,266

the Cleveland Reserve District the
totals suffer

11

,

Atlanta

9th

—19.0

2,408,715,015

_i
!

Chicago

8th

$8,731,536,783 *

$9,106,302,085

—

I

and

194a

$

Cleveland

7th

'

Total all cities for "week-/-

gain of 20.0%, in the Boston Reserve District of 3.0%
in the Philadelphia Reserve District of
10.9%. In

a

1949

Philadelphia

11th

all cities,

week

620,767.985

12

6th

'

2,030,293,176

cities according to the Federal Reserve Districts in
which
are located and from this it appears that in the'
New York District (including this
city) the totals show s

they

by Federal Reserve Districts:

summary

Districts

York

5th

—23.7

*$7,076,008,909
"■•

five days—-:—

a

12 cities

4th

—33.1

154,707,083

254,657,845

Reserve

3rd

—27.9

187,327,872

Ten cities, five days—

furnish

we

Boston

2nd New

—28.7

•?"

__4.__c.2_-

Other cities,

Federal
1st

—19.3

253,900,000
190.542,1)00 .'+• 267,351,000
183,559,662

Baltimore

Total

—26.5

*

Cleveland

All

*—21.2

.

the

as

Week Ended Nov. 5—

—11.7

241,463,982

-'•205.000.000

Francisco

Pittsburgh J..

-

788,000,000
409,124,249

190,249,975

Louis -J

following

43

SUMMARY OF BANK CLEARINGS

2.6

+

579,000,000

City

inasmuch

—18.6

361,312,861

:_

-

Kansas

In the

Cent

.

$5,509,842,864

Chicago
Boston

1948

$4,486,517,402

today,

(1951)

C L E A R I N G S

ended Nov; 5. For that week
there! was an increase of
9,8%, the aggregate of clearings for the whole country
having amounted to $14,283,067,746, against. $13,013,264,809 in the same week in 1948. Outside of this
city there
was an increase of
0.2%, the bank clearings at this center
having recorded an increase of 20.6%. We group the

At

1948.

B ANK

Saturday and the Saturday figures are not avail¬
able at time of going to press. Accordingly, in the above
the last day of the week in all cases has to be estimated.
In the elaborate detailed
statement, however, which
we present further below we are able to give the final
and complete results for the week
previous
the week

possible to obtain weekly clearings will

19.6% below:those for the corresponding

CHRONICLE.

ends

clearings from all cities of the United States

12,

OF

We'cannot furnish them

the country, indicate that, for the week ended Saturday,

Npv.

FINANCIAL

Complete and exact details for the week covered by
the foregoing will appear in our issue of next week.

telegraphic advices from the chief cities of

upon

&

.

309

,

3,727

3,240

510

492

402

4,256

4,472

3,990

.242

225

197

2,266

2,261

2,013

611

649

625

605

5,331; I 5,373

4,880

4,393

578

.551

.,,,£17

448

.3,889

3,751

3,512

491

,504

512

421

4,793

5,105

4,366

2,832
3,841

2,303

2,360

1,973

1,595:

1,091

1,059

,

•:T

r.

Total, 2nd Quarter

—
—

1,684

Richmond

;

3,454

239

"y? '"'•« V

2,658

473

Indian'polis

'

'

Denver

__

Memphis

-%

_

__

Seattle

./

Salt Lake C.

241

.268

v.

Hartford

101

.102

..

+-

Tot.27cities

:

Total,

,

■s:''

'

.

245

190

107

92

■

'1 Total

872

998

r

59,062 53,437 538,469 562,488 528,729 508,847

Total
Out.

»1I

__

8,969
62,695

N.Y.C.

We

9,165", 8,837
65,626

,*

7,295 784,853

86,534

74,508

add

our

.

■>'

(1

f;

■:
*' ~*t!

.

'"'l"

in

Quarter.

Total 9

^

*

Inc. or
Dec. %

f

■

—16.8

9,234,103

::

9.2:

20.725,804

9,210,199

9,932,985

4,453,383

4,613,466

4,774,723

4,535,427

+

•: 9,995,166•

9,145,700

+

New Bedford.

,

■

—

+ 14.1

V

....

Upringfield
Worcester;:—

Conn.—^Hartford

New Haven

Waterbury
R. I.—Providence

-

—

_________—

'.

N. H.—Manchester——

?!

—

—

—

33,760,762

101,934,383

—__.

U

38.504,72324,527,318

24,583,032
102,440,310

'45,612,939

47,599,662

11,110,100

5,961,344

—

—

—

108,625,700
■

;

»
■■

192,879,001,665

Z

;■+,. .r-•■

583,396,172,772

—

4-6

96,778,389,510

39

294,117,045,242

7,341,146

;r

week

—

4.5

;

649,022,462,258

and the

—

76,039,005

;

40,957,359
38,113,720

43,812,859
37,292,922

78,330,452

82,743,674
330,763,137

0.5

4.2

326,384.703
?-

0.2
,

1224,057,786
1,091,022,166

458,420,567
117,440,800
1,051,436,200

.

—

—

—

—

+

328,227,276,979

62,917,819

v ; 23,407,282,964

$

1948
"

1,672,315

I

-

■

$

1,567,346

9.9

4,366,642

4,479,644

3.2

522,950,974

511,620,934

7.7

3,202,912

2,964,935

1^254,633

17840,530

Inc.

or

Dec. %

+

6.7

1947

1946

1,914,541

2.5

4.491.962

+

2.2

+

1,830,386

502,934,241

—

t

$

8.0

2.2

M08.837

2,451,325

5.3

2,320.426
11,157,760

2,191,176

+

5.9

2.000,803

2,016,823

1.3

9,921,260

+

12.5

8,290,839

7,926,584

5,668,883

5,995,427

5.4

5,949,797

4,434,849 i

+

3.0

27,247,378

11.8

26,470,221

19,486,181 i

11,523,077

24,372,610
11,197,722

27,949,600

257l7~7~,500

—

6.3

+

2.1

—

v

4.1

+-*

-

-

•

-

+

2.9

11,014,994

+

lT.O

267m,300




2,368,608,334

2,392,942,683

—

;

8,908,997 j
i

2176547300;

7-5

1,453,385

1,413,925

+

2.8

1,371,699

1,722,294

3.2

620,767,985

602,743,009

+

3.0

594,232,755

'495,025,323

:

Total (14 cities)

1

4,222,543

419,227,982 :

2,607,521

—31.8

I

6.5

"

58,219,039

4.2

4.6

—

477,794,074

22,652,114,852

1

—

jmn

119,998,500
1,122,412,300

1.0

342,491,691.556

r

■

234,846,681
1,059,219,169

—18.8

4.9

ended Nov. 5 for four years:

1949

—11.7

82,379,211

:

5.3 !•>
9.3

3.5

2.3

+
'

81,785,375
192,979,833

?■:

4.1

35,875,098,672

34,110,231,737

4.0

;

Week Ended November 5
Inc. or
Dec. %

19,478,337,410

7.3

6.9

103,925,053,087
306,616,592,884

/

i

65,626,289,486

$

173,924,008
18,845,535,144

1.2

—11.4

12,539,700

111,135,200

—

|

;

-

-

-

—

:

72,233,903

.

;i

Lowell

■

1948

'

$

1,997,864,886

—

•'

623,322,265,449

1949

.

1,974,896,747

—

/

City for the month of October

i

18,810,305

Fall River_

:

;

62,188,839,063

-Jan. 1 to Oct. 31-

$

7,681,804

—

—

|

62,695,638,400

y

Total 10 Months

.

first Federal Reserve District—Boston—
Portland

■

560,626,628,049

'

Mess.—Boston-

11

...

;" 65,022,194,551

184,072,912,203
.

October

1948

$

lie.—Bangor

Mi

-

;

62,623,920,056

—

'♦

-Month of October
1949

j

■

—
—

.

'

3rd

•

detailed statement showing the figures for each

Clearings at—

V

,;■:

63,060

67,899 60,732 623,322 649,022 603,237 571,907

34,110 35,875 35,946 30,549 328,227 342,491 307.026 268,735

now

:

-

September.—,

.

otfter cities

'

August

..

53,726 56,461

Months

6

i
■ t

44

(1952)

COMMERCIAL

THE

,

-Month of October-

1

Second Federal Reserve District —New

FINANCIAL

CHRONICLE

Monday, '-November 14 j 1949

-Jan. 1 to Oct. 31—

1949

Dec. %

$

-Week Ended November 5

1948

$

Inc. or

1948

1949

Clearings at-

&

$

1949

1948

Inc. or

$

Inc or

Dec %

$

Dec. %

1947

-

1946

$

$

York*

X Y.—Albany

111,228,422

—

.

;

95,691,719

12,740,389

12,129,240

334,758,394

353,552,922

7.596.047

6,955,678

Binghamton
Buffalo
Elmira

:

76,853,512

306,530,770.702

+

3.3

824,803,359

844.207,282

2.4

547,131,655

569,661,983

84,825,058

82,130,478
55,953,252

11.363,988

11,722.057

—

55,295,731

1

54,814,451
3,189,454

3,409,851

X J.—Montclalr_.____._—

176,729,908
204,384,994

.—

29,657,879,242

7,533,005

Oranges

•

555,975,875

+

6.9

31,237,557

1

-

+

12.0

1,544,155

1,596,707

1,720,436

7,350,748,820

6,094,270,822

21.028,419

20,691,344

4.0

1,664,835

1,523,544

6,641,150,405

6,170,628,627

+

1.6

17,894,131

16.130.117

14,016,418

+

3.8

+ 31.8

—

16,762,252

72,486,766

(14

Third

Federal

cities) _—1

Reserve

306,223,267,283

317,898,298,219

—10.4

43,447,896

50,320,468

1.5

46,715,666

45,802,557

—17.1

30,859,091,921

4,696,173

5,243,599

4,819,815

47,477,678

51,135,250

215,679,423

223,889,668

138,433,368

142,597,241

4,747,450

4,648,606

5,609,907

22,769,448

22,455,970

14,073,623

14,931,848

Bethlehem
*

Harrisbuig

—

Lancaster

3,795,544
3,874,000,000

——-

12,501,229

20,347,620

'0:'

932,114

869,552

+

7.2

48,349,919

46,907,410

+

3.1

44,374,494

35,669,310

50,804,688

50,405,130

+

0.3

46,125,939

40,704,223

7,605,650,360

6,336,959,610

6,880,533,051

6,370,092,854

0.3

11,957,886

16,475,843

37,387,000,000

+

122,081,787

1,397,845

—14.6

12,754,353

—11.4

59,833,794

-Del.—Wilmington—

39,573,424

36,754,038

+

7.7

384,019,874

40,735,851

39,042,865

+

4.3

353,363,914

4,083,139,103

4,107,081,612

0.6

39,411,584,979

Total (16 cities)—

Reserve

29,372,600

—

31,051,796

717,635,775

741,801,185

1,220,221,924

1,398,536,966

142,587,900

144,175,900

Cincinnati

Cleveland
Columbus

—.

+

—

—

1,524,973

1,206,075

7.6

1,038,559

808,783

0.3

1,006,586

841.362

—15.3

3~141,143

2,8687847

770,000,000

€93,000,000

2,732,022

3~224,757

917,000,000

2.9

—

.

2.7

4.6

822,000,000

+ 11.6

2,697,733

3,266,306

—17.4

2,979,230

5,488,955

5,066,222

+

8.3

4,718,572

2,307,507
4.111.156

2,775,763

2,594,927

+

7.0

2,534,252

2,157,274

6.3

3,954,384

3,688,217

+

7.2

3,881,289

3,407,737

5.2

:>

1.2

4.1
2.6

1.0

+

'

—

9,339,007

9,079,865

7.0

—

41,223,345,248

11.0

+
—

—

3.1

+
—

330,219,761

1,010,494

1,121,303

3.7

—

388,058,887
.

9,371,082

10,265,471

4.4

956,956,744

862,780,422

—

5.4

293 422,619

303,755,005

3.4

3.3

7,067 ,188,307

7,547,593,003

6.4

161,586,265

2.9

9,149,470

7,734,741

8.7

8,013,366

4,854,399

+ 1C.9

807,988,040

728,298,384

+
—

174,754,999

—12.7

12,643 680,447

13,788,706,543

8.3

284,090,690

293,773,501

1,404 ,868,600

1,482,707,300

5.3

36,531,200

42,057,100

6.5

4,905,118

4,857,026

13.4

6,288,517

6,617,321

267,337,035

287,505,496

767,339,027

816,225,233

—

—

—

1.1

Hamilton

7,596,550

7,487,301

+

1.5

69 731,959

71,130,482

Lorain

4,467,536

4,198,356

+

6.4

44 725,077

41,527,554

Mansfield

19,965,386

20,968,593

—

4.8

192 424,384

205,766,654

Youngstown

28.511,602

28,675,591

—

0.6

306 715,921

270.525,744

Newark

18,453,708

22,879,364

—19.3

180 119,690

193,386,971

71,930,218

66,985,850

7.4

732 256,418

691,861,662

2,281,526

2,764,440

—17.5

25 545,329

25,976,880

:

•?*.—Beaver County

Gre«nsburg

+

5.0

19, 123,441

2.4

209. 787,203

180, 561,690

Erie—

22,218,291

22,764,243

Oil City

17,383,972

20,799,755

Xy.—Lexington

15,859,841

20,662,061

Total (17 cities)

3,467,715,494

3,836,966,780

+
—

5.2

175 109,256

159, 827,479

36,079,862,682

—

—

0.9

—

'

6,392,332

5,478,609

7.5

159,709,083

139,547.043

3.3

281,438,200

241,086.412

—13.1

29,220,900

24,389,200

—

—

7.7
1.0

3,328,081

3,597,991

5.0

5,661,831

7,387,851 J

7.0

250,359,640

219,531,605

4.8

736,110,067

641,618,712

+
—

6.9

5.8
1.7
2.5
3.1

—

4.0

—11.4

38,192,937,207

—

6,659,845

—11.7

180,364,994

9.6

+
—

204,389,914
182,251,629

—25.0

16,725,554

15,502,435

+
—

218,616,326

—16.4

—

12,765,720,829

—

—

6,600,202

2.0
+

18,655,717

12,374. 774,362

1,914,294

1,284,575,531

•ar. Va.—Wheeling--

?

—11.9

1,819,066

1,131,907,164

Pittsburgh—

—

—

3.9

5.5

—

"

Reserve District—Richmond—

Fifth Federal

W. Va.—Huntington—

11,387,258

Richmond—

13,013,868

—12.5

49,910.000

51,292,000

—

611,414,016

'Fa.—Norfolk

649.468,664

111,676,072

121,896,048

2.7

'-•>

490,735,000

484,641,000

5.9

r

5,331,295,861

5,373,709,977

8.4
,

■•(+

■

C.—Charleston——

15,655,940

Columbia

6.1

322,317,556
8,938.461,765
43,797,130

44,523,199

9.6

3,195,719,727

2,997,946,653

1.7

18,579,803,912

18,579,806,540

145,800,801

2,376,858

1.3

147,564,995

—

126,937,624

?■;

1.2

+

4,301,450

4,975,724

341,709,822

u.

311,672,901

2,017,426,747

2,053,232,621

:———,.

O. C.-^Washingtou

cities)—

-

+

—

8.5

2.5

121,278,074

+

11.3

—

2,330,198

10,612,000

:+■:•■+

3,731,958

3,337,774

194,479,918

—

*

Frederick

+

123,872,538

234,697,847

1.9

2,980,213

10,951,000
+

7.2

—

l'i:.

'

—29.7

3,382,462

11,885,000

0.8

9,108,980,014

—

*

«

300,544,654

2.6

—12.5

975,494,283

1.3

+

31,450,212

949,682,236

—

—

15,864,969

33,366,025

Mi.—Baltimore

Total (8

—■,

District—Cleveland-

Ohio—Canton

13.

931,807

1.1

—,

61,448,439

X J.—Trenton

1,206,918

—

13,305,114

6,525,925

Toledo

■■■:

914,546

+ 20.0

1,377,245

'1,203,207

.—

182,811,921

1,193,710

1,273.288

7.2

.—

107,604,675

5,779,479

2.0

—'

218,343,599

103,803,012
170,337,101

3.7

+
—

128,772,015

216,175,961

2.3

—

'.—

39,175,000,000

5.9

8.2

—

Hazlelon

Federal

3.7

—

41,589,862

Du Bois

Faurth

l6,~86~8~981

7.2

>

61,945,791

1.3

—-

10.973,160
—

—.—

—

40,464,521
59,996,631

0.6

+

13,273,924

16,856,955

Wilkes-Barre
York

k

4.1

4.6

—

20,615,580

„

.

5.7

—

3,898,000,000

Reading
Bcranton--.

1.4

+

6,092,557

—

Norrlstown

Philadelphia..

+

3,956,375

6,374,466

Lebanon

10,655,155

20,694,962

District—Philadelphia—

-Pa.—Altoona—
Chester

—

11,533,824
•

5.3

—

72,298,274

3.9

4.2

—

.

Total

1,303,823

7.2

+ 20.6

12,714,850

14,549,805

1.2

—

1,843,336,200
2,254,041,878

7.6

1,563,725

,

0.8

.—

—

32,660,591

1,745,544,468
2,090,923,793

+

-

—-

'

6.2

—

62,823,206

2.3

_

115,387,805

549,446,183

7,003,078

<

;

114,430,278

0.9

—10.8

218,036,438

2,731,673

£3.551,501

3.7

—

16.117,336

2,900,775

3.9

9.3

—

—

13,183,484

0.7

+

2,931,193

1

3.1

+

198,013,951

—r——

Northern N. J.—_

1,751,361

15.4 * *

+

75,171,508

■■

v;r

9,929,000
123,896,455 f.

3,527,448

—

2,891,662
■

Syracuse

Conn.—Stamford

—

78,104,797

1.0

15,697,222

-

-

2,911,806

5.3

+

,

18,109,672

6.7

+
_

84,696,761

295,094,989,470

—

—

-

69,508,882

9.9

8,648,389

29,751,190,814

54.617,757

Rochester

3,573,363,106

70,204,946

+ 22.7

123,863,463

3,365,213,303

3.9

7,789,035

—

1,228,525,417 V

132,431,378

5.3

9.2

+

28,585,406,663

—

.—

1,507,820.615 >'

5.0

+
—

•

Jamestown
New York

"

+16.2

*•'

'

«

*1'-

+ 20.7

200,353,591

5.7

74,233,537

68.027,622

+ 11.7

412,984,863

380,975,401

173,900,464

"
'

1.6

»

—

rn.rn.tmm.

— —

+

6.6

76,939,206

—

0.1

456,568,493

■■mw-i-MJj

72,307,409

408,831,101*

+

.ri-rn

Sixth Federal Reserve District—Atlanta—

Tenn.—Knoxville
Nashville—

76,274,371

78,903,384

—

3.3

690,024,700

323,566,056

2.0

2,871,330,215

+

1.5

9,464,000,000

9,687,800.000

20,317,640

+

4.1

182,264,594

19.183,117

18,585,182

*+

3.2

164,638,323

180,418,417

15.933.232

17,181,479

7.3

143,653,883

151,931,397

336,786,331

327,483,692

+

2.8

3,492,236,286

3,500,523,860

24,991,749

24,350,065

+

2.6''

272,356,727

245,052,428

442,045,765

459,908,975

—

Columbus
Macon

—

V\a.—Jacksonville—...
Tampa—,:

Ala.—Birmingham—
Mobile

28,343,480

Montgomery..

19,106,508

MSas.—Hattiesburg—.

31,384,056

./V

—

—

—

—

{,

19,459,377

.

18,114,000

Jackson

—

17,342,000
i

38,946,487

+

3.9

3,994,241,740

343,457,525

4,873,308

—

73,282,037

246,100,000
4,624,335

6.4

15,427,050

12,639.665

5.2

63,210,348

56,952,141

6.3

218,300,000

200,400,009

+

54

4,074,314

t 4,252,243

+

+
—

'

8.7

*47500" 000

471177429

83,573,433

74,730,880

2.2

977194,142

104,765,965

—12.0

6,065,111

6,704,415

9.3

57)58^271

2,77197546

+ 11.3

70,710,281

66,823,370

~7~2

8977~o"l7240

80,254,789

9.5

7,065,709

6,045,149

"
-

+ 11.1

159,585,000

,

15,477,891

77,086,577

230,600,000

5.4

—

155,187,955

162,649,000

14,486,113

1.4

0.2

—

302,331,771

4.5

+
—

3,909.470,924

266,131,231
150,073,219

4.2

2.3
1.6

—

—

179,339,125

;

1.8

—21.3

49,456,340

,

9.7

J

Meridian

+

—

1.9

+

376,158,129

—

—

3.3

—

8.7

•

6,638,594

Vlcksburg—

2,077,613

—

"4m.—New Orleans-

530,296,638

Total (16 cities).

Federal

Detroit

6,470,061
-

547,519,578

i

54,365.682
18,220,030

3.1

5,218,458,224

5,068,815,357

1.0

27,488,101,379

27,629,293,336

—

2,972,039,629

—

•

5,963,500

1,630,265,731

Flint

i

5,830,643

V

2.8

V

.

0.7

—

19,353,758

v

58,334,455

—

—

6,335,514

—

:

—

11,387,888

.

;

591,722

597,218

444,266

:

120,081,536

—61.17

133,555,473

132,735.139

t

0.5

565,614,244

650,476,260

—13.0

605,699,904

563,466,104

•

1,144,580

1,501,698

—23 8

1,469,258

1,129.346

9.0

-r

—

446,166,448

60,879,341

62.037,332

6.3

228,395,275

—

Gary—*
Indianapolis

242,873,006

92,769,055

7.6

—

107,767,831

5.8

7,196,321

+ 23.4

81,946,856

72,513,784

—21.5

266,211,447

—15.0

46,148,259

52,215,455

—11.6

226,321,828
501,211,247

242,217,012

South Bend.

—

Terye Haute—!i.

:

32,126,855

tl2,515,095

*

29,463,371

-

257,161,858

•

1,322,840

2,852,330

4,002,197

16,759,004

17,040,050

143,487,786

RapidsT—.

Des Moines

Sioux City
Ames

122,076,867

64,925,051 -

„

Bloomington
Chicago-.

"

—fo~4

5,646,350

487762,000

44784~576OO

4 16.8

5,375,497

I

4,9607373

6.9

5,708,262,432

43,687,726

45,513,291

1.3
,

1.6

152,544,258
1,234,462,916

—

—

24,599,408

—

—

10,433,566

7,828,7lSr

57663^ 146

4J~98,18G>

7

20,334,733

—

—

—

7.5

56,685,090

18.3

49,213,801

9.8

29,681,799.035
145,360,818
456,032,874

5.9

204,584,161

5.0

147,191,843

5.4

t

-

7.6

5974057745

—

52,338,088

'

:

1.8

9.1

5.2

3,377,044

3,950,823

33,211,582

29,546,610

1.3

15,528,871

16,968,910

—14.5

3.861,130

3,933,992

12.4

32,098,736

26,778,654

8 5

13,653,172

11,894,271

+
—

,

9.2
6.0

1,143,525

1,453,337

7.3

699,391,075

713,823,739

2.3

-3,348,639

4,509,972

7.1

11,449,913

11,743,665

4.8

4,688,346

4,900,283

—6.7

3,908,267

4,120,177

925,855,551

—

—

+

490.649.726

—

-21.3

1.198.063

2.0

735,988,519

-26.4

3,702,735

-

995,362
615.192.16S
'

-25

12,800,930

4,215,356

9,732.865
'

214,816,386

—

157,704,733
18,309,765

56,334,753,703

I

44,882,497

4.3

3.813.743

3,673,442

5.1

3,386,308

3,692,146

942,142,730

1.7

947,258,298

792,802,172

277,500,000

3.6

257,400,000

206,400,000

6.5

107.550,864

91,406,569

0.4

119,363,260

87,010,069

-

-

"

17,568,126

<

4.0

*

-

+

;

4,248,975

8.0

+ 21.0

142,035,049

4.2

—

+
—

32,033,515,038

0.1
4.5

56,242*,654

—

V.2

2.3

—

62,449,385
.

6,629,543
3,057,116

607509~,346

—

—28.1

588,537,261

0.7

62~0~3~2~,000

7,745,564

0.2

+

160,870,040
1,206,622,108

580,899,381

3.2

,

577745,000
2,814,049

185,831,562
2,547,593,128

8.0

—

6,034,746,634

+

5,375,252

0.2

;

37,084,276

1,937,019

.

V

26,661,875

—

18,459,075
,

..

13,961,623

+

21,700,769

1,856,121 v,

cities).

6,000,077

—

3.0

+

78,220.838

—

22,076,272

17,535,010

%

12,697,316

—

51,539,929

20,418,446

Rockford

Springfield
Sterling

•,

76,842,632

+

3,307,667,932

22,070,760
49,201,107

Peoria

.

+17.5

•

5,203,229

2,982,319,786

Decatur

>

n

185,412,639
2,553,699,044

1.5

+

283,714,439
■

0.4

—

6,488,436

6,155,652

1115,458,189

,

—28.7

2,247,582

6,002,479

ID.—Aurora

+

—

60,139,938

2,232,276

9.0

—10.9

486,565,703
2,261,003,381

2,266,528,353
292,681,555

v

1:33
,1.+

.

8,018,841

1,317,435

1.1

•

4,469,969

7,142,715
j.

Manitowoc

+
•

253,441,253

4,529,949

Sheboygan
Watertown

—

112,000,121.:
18,348,973

.

18,113,967

Milwaukee.—.

—10". 9;

+ 13.0

27,791,705

'/

Oshkosh

r.

9,996,748

57660,378

—13.9

.;

8,878,054

Wis.—Madison-

"577

9,430,371

5704~4,127

1.9

—

21,806,220

,

—

>

1.2
0.3

239,491,220

JtaA.—Ft. Wayne-

—12.9

'

—

—

165,477,955

r

8.0

—21.7

515,449

46,720,106

.' *.*

—

16,490,320,882
,

412,149,480

.

*

V

3.0

+

•

165,067,099

0.5

8.7

—.5.9

64.133.661

16,298,025,716

+11.2

r

23,825,285

,

8,912,630
\

—

44,517,560

22.325,215

Muskegon
Bay City

:

16,151,513

44,308,378

Lansing

V +

1,641,500,339

".

17,957,322

,

V

59,552,187
•

*

6,130,273

.

Grand Rapids.
Jackson

(30

2.6

.—10.1'

,.+

1

ticago—

1

iowa—Cedar

"

2,311,734

.

2,940,313,231

-Mich.—Ann Arbor_.

Total

—

2,913,186,304

1,027,800.000

21,16Q.OOO

L

—

Augusta—

Seventh

720,586,724

317.009,846

1,043,400,000

—

iSa.—Atlanta

—

59,005,172,899

—

4.0

4.5

■

Eighth Federal Reserve District—St. Louis
Mo.—St Louis

Cape Girardeau-tj

'

1.182,890,897

1,215,462,697

11,634,708

*

Independence

2.7

*

10,902,961

■

+

11,270,630,253

6.7

110.488,627

1,659,599

1,681,830

—

11,877,157,859

;

1.4

1

+

0.7

'

0.2

4,981.200.521

5,021,863,619

'

:

'

-

514.616,388

515,822,275

Tenn.—Memphis

578,378,604

El.—Jacksonville

551,200,044

+ ' 4.9

3,889.919,184

3,751.305,976

2,251.123

2.151,034

+

4.7

17,147,951

17,896,997

8,802,110

8,686,764

+

1.3

79,031,831

82,844,919

20,364,209,213

20,875,736,455

Qulncy

267,400,000

+

15,681,493

1.3

My.—-Louisville

—

5.1

108,985,592

15,790,846

•

^

•

0.8
+
■

—

—

■''1

"

'

110.052,147

117,695,629

119,513,811

3.7

119,994,534

»
—

4.2
►

4.6

2,223,009

2,035 125

499,188,967

517,225,288

+

9.2
.

Total (7 cities).




2,300,233,429
•

-

•

-

•

2,305,907,605
~~

>'t

•

9

"J.

'

-r

—

.

.

,

0.2

:

-

2.4
!•

^

.
.

•

—

2T4T<U31

1^632^920

<436,744,255

386,449,553

.

3.»

*

Volume 170

Clearings

Number 4855

THE

1949

Federal

t

34,169,950

1,136,099,332

1,351,977,501
6,628,890

400,255,073

,

Paul

Winona™
Fergus Falls
N. D.—Fargo.

436,737,188
2,551,004

1

3,584.992

1,233,913

6,273,132

D.—Aberdeen.

16,520,397

0.9
4.9

i—

5.0
7.2

—

—17.7

49,532,667

2,723,929

1,749,701,290

5.0

2,020,463,859

!

1.8

+

-

-13.4

2,849,289

2,469,916

29,140,938
542,979,945

29,795,955
572,445,403

2,744,969

1,525,473

2,452,677
1,700,459

30,152,933

31,550,879

50.604,058

51,461,257

Hastings...:.
Omaha

Kans.—Manhattan.
Parsons..

Topeka

Wichita.i.^.

Mo.—Joplin____,

•

Kansas City

5,787,665

+ 15.4

4.4

—

—

1.7

—

-

7.4

47,139,428

'

1,377,072

—

10,670,376

—

510,230,757
"■*

■

'

Ai.Wi.if.'i

11

lull

,

V

'

4.3

7.1

—

T

7.2

—

—10.1

32,666,929
17,021,311

.30,544,328

1.9

Port Arthur...

5,578,642

La.—Shreveport.

42,517,772

(11 cities).

2,355,909,537

*

3,430,084

—"8.5

3,402,989

2,884,029

4,559,014

4,750,217

—To

4,474,341

3,390,692

9~654j21

10~580,903

—~8.8

9^980,901

7^57,179

6.2

384,868,521

316,174,082

1.1
+

7.6

+

4.2

—

6.3

0.8

373,424,302

+

5,177,412,350
24,377,359
16,943,343

1.6

—

1.7

—

5.9

123,629,692

7:

.3

9.0

6,341,976

—12.5

11,620,766

+

—11.5

292^103,763

6.7

11,102,694

—

16,303,218

2.1

+

'

t.

-

.

+

8.6

4,472,392,388

—

1,955,711

9,671,000
690,964,562

J

10,775,095

City.

241,339,734

Ariz.—Pho en ix

57,775,987

Calif.—Bakersfield..

24,627,654

Berkeley.
Long Beach.

25,265,883

59.319.351

•

__

Pasadena

18,341,819

Riverside

,v\

—

8,144,067

300,434,783
176,552,745

"

16,286,003
36,521,213

(19 cities).

3,421,186,911

(183 cities).

62,695,638,400

V

4,

V V

—

2.5

■'

V

;;

y

•

405,156,983

1949

$
r

8.6

A;

10.3
+

;

■''

ZVA

1

9.5
5.9

—10.3
+ 31.6

+ 30.6

—15.0

)\

Special
Australia, pound
Belgium, franc
Foreign "bank

7,020,127

6,277,502

212,052.000

358,297766o

277029,381

+

0.1

6,712,000

277O8~5",202

2.3

—

—

—

—

—

1.2

20/7027764

5,908,000

4,664,000

4,280,770

+

T5

3,207,716

2,588,376

10,064,739

—T. 3

9/74(7,171

8,*78*^577

5.5

265,063,337

201,318,519

+ 11.3

5.9

99,418,286
3,855,131

84,270,903
4,234,037

2.4

127,230,082

79,082,909

—1*0.6

5l760G7530

38^8357490

0.4

2.5

298,025,182
;•

■

V.

■

32,964,881,770

4.5

4.9

—

—

!/'V.
112,970,344

101,522,940

3,522,178

3,744,816

138,783,972

135,586,164

cruzeiro

TO

RESERVE

8.8

2.4

notes"

—:

NOV.

10,

1949,

2.3

13,971,960

+ 19.4
—

Nov. 5

8.6

7.2

401,907,804

—

4.1

5.8

11,795,029
4,406,199

—

7.8

—

—

—

—

4.0

;

V

Election

Day

of

United

2.773102

.263000

Closed

,140154s
.497400

2.733750

sterling

...

2.800937

peso

2.773102

Uruguay,

.174562s

Day

.019975

.019975

.

omitted.

■

•




Potomac Edison Co.,

1799

Co.—

'

1699

1804=

V

bonds,

series A. due 2039_Dec 15
preferred stock, series B—Nov 28

.324850

4.70%

PARTIAL REDEMPTION

..

1491'

.022862

and gen. mortgage
bds., series P 3 Va %, due 1977_Dec
Consolidated Paper
Corp., Ltd., 3Va,% 1st mtge. bonds.Jan

1

1799-

Company and Issue—
Bethlehem
Consol.

.208700

Danville

.115717

2.773102

1st

.034805

.231520

2.783750

2.800937

2.800937
**

',

/

• *

»»

Pact

Co.—

1

,

&

5%

Power Co.—

bonds,

due

New

2

1392

''

1951—.

.Jan

—

1801.

1961_Dec

1697

Dec

1495
1599

North

3%%

Vulcanized

Shore

Gas

Fibre

Co.,

4(4 %

Co.—

debs.,

due

1960_Nov

1804'

1804
1805

14

1499

1

1807

1st

mortgage 4'4% bonds, series A, due 1961.
—Dec
Peoples Gas Light & Coke Co.s 3 % conv.
debs., due 1963_Dec
Poli-New England
Theatres, Inc.—
1st

•*

**■

Traction

mortgage

National

.231620

2.783750

Day

Power

bds., series J, due

bonds, series A, due 1977——Dec
Merchants' National
Properties, Inc., debs, due 1958—Dec
Midi RR., 4 %
bonds, foreign series, due 1960
Dec
National Dairy Products
Carp.,
debs., due 1970—Dec

.324850

Election

Data

,

——

1st

.193329s

2.783750

Maine

mortgage

Eastern

.497400

2.800976

Corp.—
mtge. 30-year 2%%

York Pow. Corp., 1st
mtge. 3'As, due
Hanna (M. A.) Co., $4.25
preferred stock
Jacksonville Terminal Co.—

.140154s

.324850

V

Steel

1st

.263000

,193329s

.193329s

Closed

/

mortgage

Southern

bonds,

Natural

Gas

due

1958

Nov

12

28

Co.—

1703

1st

•

mortgage pipe line 3s, due 1968——
Dec
1
Twentieth Century-Fox Film
Corp., prior pfd. stock—Nov 23
Union Terminal
Co., 1st mtge. 3% bonds, due 1978
—

-•

-

Securities, Ltd.—
Collateral trust bonds,
3%

1704

1538

Dec

United

.

.

mortgage 3%-6%

Pat*

15

*«

-

30

1976_Nov

.034825

.231400

**

I

1960—Nov

y

Central

**

*sTemporarily

Da*®

Bldgs., 1st mtge. bonds, due

.144938s

.497400

•

...

-

Co.

.020060

1»»

rate.

in which

.903125

* *

'

•

last date for mak-<

.208500

*«

c

or

.208500

*s

peso

Consol.

.054406

**

peso

•Nominal

Terminal

Philadelphia Transportation

.909090

.140154s

■

peso

Uruguay,

2.231739

2.773102

Election

#<■

Uruguay,

sinking fund provisions.

Antofagasta—
Non-interest bearing income
bonds, scries A to N—Dec
1
Hotel St.
George Corp., 1st mtge. 4s, due 1950.*
Nov 14
Maryland Casualty Co., $2.10 prior
preferred stock.__Nov 18

.138958s

.115717

.034830

.193329s

pound

bonds, notes,
redemption,

NOTICES OF TENDER

Compania Salitrcra de Tarapaca

.263000

,

-

.231800

pound

for

page number gives the location in

.206949s

.208700

.324850

!
:

called

.022862

-

.497400

dollar

South Africa,

under

.144933s

.140154s

peso.

krona

stocks

.020060

.115717

.263000

!

called

list of corporate

a

common

.903281

A"/'''

.208700

guilder

Kingdom,

Uruguay,

.902500

.002862

.208700

;

and

Bush

.909090

.208500

,034830

Sweden,

5,690,590,716

Company and Issue—

$

.019975

.002862

rupee

Switzerland, franc
Union

6,676,990,808

.297778s

.054406

.020060

.115717

Settlements,

0.2

.

Nov. 10

.019975

.144938s

peso

Straits

+

6,918,993,987

including those

$

2.231739

.909090
r

Philippine Islands,
Portugal, escudo

11,861,219,343

.909090
.208500

pound-—,.—
krone „—

605,742,908

13,318,141,213

3,603,751

7,588,448

Redemption Calls and Sinking Fund
y:/:yy::.y:v,:;v Notices ziv-V

1930

,174562s

.019975

.020060

;

Zealand,

OF

.138958s

.054406

(Metropolitan), franc

Netherlands,
New

732,689,880

9.8

,206949s

.019975

.019970

rupee

Norway,

7.2

+

*

.297778s

2.231739

.054406

of,

ACT

Nov. 9

$

•138958s

Closed

-

:

Nov. 8

.174562s

.901875

Dominion

+

706,855,356

•

the current volume
(except where indicated)
the details were given in the
"Chronicle."

.206949s

.144938s

India,

9.2

13,013,264,809

:

6,932,318,926

Money

$

.019975

account

,

Mexico,

+

•.11,514,823
V
4,523,044
8,754,471

+

ing tenders, and the

.297778s

!l38958s
2.231739

Free'

France

407,884,462

3.3
3.0

preferred
UNDER TARIFF

Official

Ceylon,-

361,235,885
11,696,872

9.5

+

+

7,889,589

14,283,067,746

4.2

8,326,446
6,868,167

4,276,948

757,470,692

,

9,987,498
7,915,553

367,170,973
11,421,461

8,615,249

6.3

+ 44.3

+ 25.8

/

7,918.874

The date indicates the
redemption

Nov. 7

$

•

Czechoslovakia, koruna
Denmark, krone

9,683,317

9,964,418

—

477,330,237
178,167,770
367,861,007

V;

6.8

INCLUSIVE

,174562s

:

1

+

5l75~33", 539!

+ 23.6
—

342,491,691,556

BANK TO TREASURY

—...

Canada, dollar—

—

—12.2
—

649,022,462,258

328,227,276,979

6.1

4.2

—11.1

35,164,953,192

623,322,266,449.

+

6.7

—15.1

2,360,762,044

V

282,599,090

—12.4

454,741,013
175,510,555
346,862,315

167,812,577
339,199,831

.206949s

—

—

>

+ 19.6

666,978,387
264,268,500
247,619,419

457,850,080
'

v

—

17,251,882,869

9.1

6.9

.

.

—

—

97,951,627

8.4

—

27,Y3~57323

+

4,343,139

' '

\

"0~. 2

6,633,000

97l28,737

J:?
0.1

T-

* 57,229,561
5,105,704,924
156,714,070
230,969,249
92,347,000
6,514,317,345
117,735,300

16,008,279,930

_

i

379,255,327

■

89,553,293

8.4

—11.7

vZ

592,777,487 ,v
231,932,358 V.
241,957,707
561,990,270 -7
163,656,754
414,176,385

—11.8

—

,V

2,303,454,232.,

,297778s

"B"

Brazil,

FEDERAL

peso—

Preferential

463,968,242

9.3

>i-.-

150,143,314
276,242,462
79,975,000
5,938,921,637
99,934,859

Value in United
States

"A"

1,2177756

6.6

~6.9

—

22,643,345,466

4,793,637,074

—12.2
—

20,785,448

Nov. 4

Preferential

1,523,915

+

No6n Buying Rate for
Cable Transfers In New
York

Country and Monetary Unit

1~935.878

17892*,199

—

Below will be found
NOV.

6.8

T.7

—

—

+

63,771,349

INot available.

'.-7'

9,554,664

—10.2

244,224,000

8,846,910,554

53,386,522

0.5

+

35,875,098,672

BY

247,2*127943

11,609,809

—

1,114,145,551

-....i'-v

.

—17.8

65,626,289,486

CERTIFIED

297,1)337545

3.2

+

6,996,017

1.6

Foreign Exchange Rates

Basiq

1

2277539,362

+

Pursuant to the
requirements of Section 522 of the
Tariff Act of
1930, the Federal Reserve Bank certifies
Secretary of the Treasury the
daily
buying rate for cable transfers in
the different countries
give below a record for the
of the world.
We
week just passed:
'
RATES

5,447,566
9,329,810

7,646,925

2.3

to the

EXCHANGE

7,250,968
11,837,617

477,950;

5,815,687

2437165,000

5.6

—
'

933,294,657

22,088,113,080

Outside New York
tNot included in
totals.

8.5

—

"

—11.5

3,674,188,537

34,110,231,737

98,149,233

—*7.9

■

488,406,852

1.0

+
—

10,341,433,118

404,983,158

y

3.8

'

1,795,892,749
56,211,886:
18,441,373
39,870,625 :

51.113.352

Santa BarbaraStockton

—

33,917,904
9,580,341 ,;

1.645,811,826

3.7

6,377,930
124,944,762

1—11.3

t«

'

$7055,131

456,206,199

8.1

172,320,833
45,100,893

—12.8

12,276,309
268,994,320 '
63.809,339
23,265,762
28,157,578
'45,062,123

44,283,056

San Francisco.
San Jose..

3.6

—

2,351,012

17957,930

4.8
1.4'

+

27,097,289,696

44,924,670

3.8

f

29,417,932

7,945,000
631,538,507

v/VA;
VA'vZ

525,803

611,499

—

3.3

92,602,050

62,623,160
171,276,926

1.3

5,781,678
504,502,161
17.585,447

29,560,894
;

317,045,700
10,762,335

1.4

—

-

15,562,086
.

474,035

—26.3

7,152,470
12,696,440

5.9

—

470,414,623

244,324,000
8,640,512,745

-U

i-."' ;--i

Ida.—Boise.

9.6

+

670,820

—17.4

1,347,731,201

1,000,764,181

..

"l^v 491,931,077

498,006

6,806,604
128,363,334

2.4

+

283,056,099
557,437,127

948,501,708

7.4

'(J*

2,450,092,999

5,044,307

Yakima

Argehtina,

398,019,803

545,836
520,656
6,427,175

?y:y

:

1

FOREIGN

67^425^649

6.2

23,091,549

303,533,490
166,558,754

-

4.1

Twelfth Federal
Reserve District—San

•Estimated.

5,447,313

3,138,412

4.1

y..--

Grand total

8,268,003

82^35,533

■

296,589,712

10,100,110,288

4.1

,

18,595,353

Texarkana

99,236,967

119,530,744
:
27,515,000
957,644,051
AY, 6,324,545';
18,208,755
5,509,119 I
44,205,260

6,258,401

Falls.

:

-

114,616,661
25,468,000
887,343,462

Houston.

Total

"*3*.2

6.5

■

88,477,735

5.4

103,302,913

Galveston

Modesto

—

—_3.8

8,590,798

220,778,422

0.2
—

17,305,001,036

24,914,686,822

6.9

17,992,049

1,123,382,181

Worth-

Lake

9,101,338

8,855,968
267,550,786

6.9

—

"mi

—

Paso.j.,

Salt

8,809,264

2.5

_

14,169,450,044

6.9

1,102,540,093

Beaumont.

;

94~56M22

—10.9

1.7

—

61,010,898

'

11

2,919,534,606

Federal

Ore.—Eugene
Portland*
Utah—Ogden.

267,300,927

90^932,763

9.6

+

89,725,339

1.4

—

,

9,408,013

*l

2,625,262,650

Texas—Austin

Seattle

$

248,936,151

0.9

+

16,090,618

57,410,407

2.3

+

143,938,864

8,756,587

Wash.—Bellingham

194®

8,294,912

0.8

—

45

7,394,377

9.1

130,148,155

12,542,432,463
438,756,867
16,079,639
1,391,740,541
100,579,911
4,256,479,324

—14.6

473,730,525

(15 cities).

Total

—10.3

1,358,255

Pueblo

Wichita

+ 11.9

9,912,341

Denver..:.

Ft.

1048

$

3.9

+

379,369,794

291,474,137
4,871,443,321
24,971,733
13,990,191308,400,826
487,731,038

5.1

—

137,731,822

Okla.—Tulsa.

Colo.—Colorado Springs.

Dallas

>•

$

9.0

|

158,780,339

23,471,085

2.2

—

1,498,644,520

48,238,838

Carthage

•

6,249,030 '

1,279,749,012

St. Joseph.:

El

1940

%

+

49,752,783
152,987,663
247,045,221
30,085,727

16,220,886,774

Lincoln

Eleventh

or
,

-Week Ended November 5Inc. or
1947
Dec. %

District—Kansas City—

Neb.—Fremont

Total

■!„ ■

,

11,022,864
314.400,055
43,895,000

42,798,200
49,661,592
146,715,444
230,993,727
28,221,366
157,058,268
131,233,055
408,166,367
16,759,987

2.8

+

+

<

f

35,967,200

11,204,062
284,343,308

8.6

—

3,070,457

2,773,428

Federal Reserve

Dec.

62,675,291
3,727,200,362

—12.1
—

18,262.479

47,079,646

(16 cities).

Inc.

,

65,111,611

3,758,383,332
35,644,190

+ 40.5

—17.9

21,588,282

15,028,353

Lewlstown..

,

283,818,241
11,661,761,723

8.4

—

<

16,372,928

20,039,157

Great Falls.
Helena

(

258,326,407
10,596,260,358

3.4

-

23,855,507

2,917.0*25

Mont.—Billings..

1948

t

—16.0

6,453,496

25,016,653

Huron

:

39,585,449 /
5,451,000

4,980,200.;

Sioux Falls

1949

—21.8

1,503,132

34,792,813

,

.

Grand Forks_.
Minot

Tenth

CHRONICLE

J

6,402,437

;

'

Dec. %

k

Rochester

Total

Inc. or 1

"26,704,739

.

Minneapolis™

8.

FINANCIAL

(1953)

1948

Reserve

Minn.—Duluth

St.

&

-Month of October-

at—

$

Ninth

COMMERCIAL

series

B, due

1952—

1

1339

Dec

1

1845

46, (1954)

THE

j

ISSUE

ENTOtB

Company and Issue—

CALLE?,/—<

&

spectively. .Borrowings
Data

-

Page

-

increased

.

1800

r

r

f

;

S97

Dec

;

class

Corp.,

Thomson
Union

stock.—,

A

of

Co.

Power

conv.

and

3%

3%

cumulative

1640

,

1741

7%

cumulative

Class

West

1957

brokers

and

for

1

06*

U.

Government

8.

Other

'

'

15

1539

—Nov 16

1641

Other
D.

8.

loans

Treasury bins
Treasury certificates

ilfatement of Condition of the 12 Federal

with

Cash

Federal

thousands

•-

•

,

*

.

■

of

dollars)

Reserve

domestic

Banks

■

,

v

Nov. 9,

.

.*

1949
Assets—

-

'*

-

Nov. 10,

1949

<

-

F.

for

R.

22,716,429

■'

Total gold ctf.

Other

243,742
advances

and

Industrial loans

23,316,999

909

913
'

4,030,996

Notes

Total U. S. Govt,

loans

Due

from foreign

tP. R.

Notes

298.100

Bank

securities-

17,705,696
18,025,710

banks

of other

Uncollected

35

banks—

823,600

:

11,223,488

23,144,151
23,471,526

'

-

35

v

49;

;

97,446

111,199

127,563

2,568,631

2,785,135

33,084

32,972

32,223

premises

Other assets
e

17,533,396

18,145,086

i,.

2,339,716

items

~

2,191

—

56

—

37

—

104

133,691

B

Graton

—

481

+

—

18

+

2,457

—

133

+

860

"

—

+

■

49

first

v,;

128,757

212,124

which

Then

show the dividends

we

Investment News

12-10

12-

12-10

holiday.

1-

1212-

3

12-10
2-

11-17

1

2-

1

1

1-

9

I-

9

&

11-30

11-18

50c

12-

12-

50c

11-22

11-16

$12 Vic

12-15

11-15

$25c

Brick

Utilities,

Tile

12-15

11-15

25c

Co.

(quar.)_

A

(quar.)__

Corp.
A

preferred
Oil,

11-15

11-

10c

12-15

11-18

ioc

12-15

11-18

12-

1

11-18

12-

60c

1

11-18

12-15

11-21

$1.10

12-15

11-21

25c

12-10

25c,

12-10

11-25

25c

12-

1

11-17

87V2C

12-

1

11-17

1

11-15

(quar.)

common

(quar.)

'

,

12-

30c

1-

Ltd.—

$10c

•

*

11-17
41-18

1
J

12-4

■V12-

+37V2C
~

2

12-16

12-

$25c

com. (quar.)

(quar.)

12-

3

12-1

$1

$25c

preferred

11-25

12-12

62V2C

:

(s-a)

partic.

4

30c

(quar.)

Imperial Varnish & Color, Lid.,
conv.

1

90c

(quar.)

Ltd.

9

'

^

common

(quar.)
Instrument Co.

preferred

Imperial

11-18

11-18

1

-

12-31

12-

r-$$1.25

12-31

12-

1

$$1.06)4
(quar.
5% conv. preferred ($25 par)
$31)4c
(quar.)^_~
International Nickel Co. of Canada, Ltd.
t40c
-$40c

12-31

12-

1

12-

1

5%

-

preferred (quar.)

$50c

r

preferred

International

previously announced, but

1

12-31

;

12-20

-11-21

12-20

-

second table in

"11-21

.■

12-15

II-21

:$1

-

(quar.)

common

-'$1

12-15

11-21

$1

Paper Co.,

Year-end

which have not yet been paid. Further details and rec¬
ord of past dividend payments in
many cases are given
under the company name in our "General Corporatioh
and

$1

(quar.)

Acceptance Corp.,
Common (increased)

a

12-

93%c

Co.

Industrial

follow with

we

12-10

$1.25

Hobart
Manufacturing Co.
(quar.)
Holliiigsworth & Whitney, common

are

week.

12-

12-

500

$4.25

;

1

11-18

12-22

+30c

(quar.)

Rubber

<fc

Chemical

3V2(/c

grouped in two separate tables. In th«
bring together all the dividends announced the

we

12-

12-10

..

preferred

Heyden

DIVIDENDS
Dividends

11-19

12-15

.,-

•

Slates

$4

of

12-15

$1

.

.

because

'

$20c

(year-end)~L

5

11- 9

"12-15

Extra

22,515

(San Francisco District)

12-

11-18

J15c
—.

(s-a)

A

'

$4.40

435

+

-

40C

60c

Gulf

66

—

12-15

"

11-15
12-15

50c **

J25C

Great Northern Paper Co

348

■

~

-31c

Knight Co., $1.80 prior pfd. .(s-a)
Great American Indemnity Co. (quar.)

253

15,261

accounts,

11-10

<fe

Hammond

Govt,

11-15

2

-

(A. C.) Company
Mackay Stores, Ltd. cl.

Class

78

—

61

11-13

1

12-

12-15

11-21

}
'

$4 preferred

(quar.)

International

Intertype
Jamaica

Department" in the week when

$5

declared.

-

Petroleum, Ltd. (s-a)
(year-end)_

Supply,

preferred

Jefferson

B

$5

pfd.

11-18

1

50c

12-15

12-

$1.25

12-31

12-15

$1.25

(quar.)__

A

12-

425c

-

12-31

12-15

Corporation
Water

(quar.)

J

1

■

Hotel Co__J_ __r_.

r'

:

12-!

$5

11-15

5

.

■

.

•

assets

———44.138.596

Liabilities—

federal

S.

notes

23,321,430

*

•

Member

U.

\

.

Reserve

Deposits:

bank—reserve

Foreign

/

49,705,287

■

acct.

415,162

544,854

688,811

.660,802

_____—530,955

557,988

—

19,947.180

1,553,156

-

434,392

477,877

,

deposits
Deferred availability items—
Other liab., incl, accrued dlvs.
—

—

17,779,683

18,200,644

2,180,264

2,297_816

12,411

liabilities

American

Encaustic

American

Home

43,734,125

48,935,060

Accounts—

Other

capital

466,711

Contingent liability

Commitments
trial

Batio

on

note

*49.705,287

■

4.534

4,119

1 858

$7

preferred

certificate

1,835

re-

6,104

v

56.6%

56.3%

49.0%

The

condition statement of
weekly reporting member
.banks of the Federal Reserve System in
leading cities

following

principal

An increase

changes for the week
$400,000,000 in loans, de¬

of

of

$437,000,000 in holdings of United States Gov¬
securities and $481,000,000 in
demand deposits

adjusted, and

increase of $514,000,000 in
borrowings.
industrial
and
agricultural
loans
in¬

an

Commercial,
creased

$17,000,000 in the San Francisco District
$15 000,000 in New York City and $13,000,000 in the
Dallas
District, and decreased $16,000,000 in the
Chicago Dis¬
trict, and $11,000,000 in the Cleveland
increase at

all reporting banks
and dealers for

brokers

District; the net

was

$19,000,000.

$4.25

preferred-

Beaur.it
&

Mills,

Bessemer «&

Investment

Units
Boston

purchasing

or

preferred

was

total of

in New York

"other

bonds

securities"

City and

a

total of

banks.

deposits

City.

increased

3

I

$1.07

1-

3

-

38'Ac

12-

1

20c

Co.

shares held)

Brunner

Mfg.

$5

(One

share

Co.

each

21)

Forge

Canada

Crushed

(quar.)

$1.25

Canada

Foundries

Sugar

&

Co.,

Co.

•

Paper

Railroad

J.)

Company

5c

at all report-

States

dividend

Coca-Cola

11-18

11-21

10c

12-15

12-

1

50c

12-15

12-

1

12- 9

Confection

preferred

(quar.)_i

Co.

Line

Life

Co.,

(quar.)

common

(quar.)_

—

Insurance

Co.

America—

of

"20c

Rust-Proof

$2c

12-14

11-22

12-

11-19

5

Year-end
$3 class A
Coca-Cola

Peabody

12-19

$$1.25

12-31

15c

5%

pfd

12-15

11-30

11-23

11-15

Products

Co.

Coal

—

50c

—

62V2C

12-

1

(reduced)
preferred (quar.)__

10c

12-

1

31V4c

12-

1,.

(quar.)
Co.

Co.,

convertible

Holdings

of

Class

A

(s-a)

adjusted, decreased $288,000,000 in
Chicago District, and

by smaller amounts in
nearly all of the other districts.
Government deposits decreased
$133,000,000. Demand
deposits credited to domestic
United States

(s-a)

Community

Corp.—

(quar.)

common

prior

banks and to

and

Mills

v

Carbon

Public

Co.

re¬

11-25

Pcrmanente
Pcrmutit

12-15

11-25

12-15

12-

1

12-15

12-

1

(quar.)

B

(extra)

Continental
Extra

12-

1

12-15

12-

10c

12-15

12-'1

Co.

(quar.)

(quar.)_^

;

Casualty Co.

12-15

$1.50

11-30

(quar.)

12-15

11-30

62V2C

12-15

11-30

30c

12-30

12-15

12-30

12-15

50c

12-

1

50c

12-

1

"

1

11-15

12-

1

11-21

Inc.,

(increased

com.

Placer

preferred

Erie

Development,

Plywood,
Powell

$5

RR.

Ltd.

pfd.

12-

7

12-12

11-28

12-12

11-28

3

12-20

1

11-18*

12-15

11-23

9

11-18

11-30

11-24

$50c

12-15

11-24

$85c

12-15

11-24

$25c

(s-a)—

5c

(quar.)___

Extra

112-

$2

—

Ltd.

Co.,

7

12-15

$1.25

(quar.)

Co._——

Inc.

River

12-

53V»c

(quar.)—

Lake

&

11-15

12-15

20c

quar.)_

11-30

20c

—

12-

1

30c

$2.50 pfd.

Assurance

Pitney-Bowes,

Pittsburgh

11-16

11-15

12-

75c

(quar.)

——

Pittsburgh Coke & Chemical,

1

$1.50

Consumers Company,

Company

1

12-15

5-17

1

30c

:
,

1

12-

11-17

6-12
12-

$1.12%

(quar.).—

(quar.)——

12-

11-25

12-12

15C

Metals Corp.

Extra

Frice

4%
__

preferred

4Vat%

Corp.,

4)4%

37'/2c

__

Perfex

12-15

11-21

12-20

20c

12-1

12-10

12-31

50c

Corp

12-

40c

Inc.

Engineering

12-15

12-15

11-16

$3
—

12-15

'

11t16

45c

Pennsylvania

11-25

50c

Corp;

common

11-21
■

—

_____

■50c

12-1'5

50c

Co

Connecticut Investment Management (s-a)
Consolidated Chemical Industries, Inc.—
$1.50 partic. preference class A
(extra)

Extra

Corp.,

12-15

$3

(quar.)

Service

Hampshire)

12-15

$22.50
:

Co." (New

(s-a)__—

■

Pennroad

12-15

50c

Continental

$61,000,000,

Casualty

preferred

1- 3

*

;

_

Congoleum-Naim,

Class

6%

1- 3

$1.50

_—

(year-end)

Columbian
Cone

Peerless
,

hQlUc

$2

:

International

Common

$33,000,000.

3

$1

common

11-21

11-21

Pen

5%

Company,

11-15

12-10

1 25c

Co

Extra
Stock

11-26

11-25

$1

12-10

37V2C

Chicago Rivet & Machine

12- 7

12-10

10c

1-

12-10

10c

common..

(quar.)_______

11-30

3

50c

——

12-16

Inc.,

12-15

.12-12

Parker

$1.12'/a

preferred

11-30

20c

Parker

12- 2

Mills,

11-30
11-30

12-15

30c

11-14

1-

Hosiery

11-30

12-15

$15c

11-14

Y2-24

convertible

l$-30

12-15

—^

12-15

55c

4l/z7c

11-30

12-15.
12-15

Pharmacal

12-15

9

(quar.)_

12-15

,

.

(extra)___—————

Light. Heat & Power,

9

common

12-15

4c

—

(quar.)—^

Clay

11-

(quar.)

3

3c

—

Riypr Insurance Co.

5%

Light Co.,

1-

4c

-—

Pacific

11-

preferred

11-18

8c

——

Ottawa

11-23

Illinois

1

6c

—

11-25

11-23

4%2%

11-25

12-

50c

11-25

75c

Chadburn

il-16

12-15

of

_____________—

12-14

75c

Central

11,-30

12-10 +411-16

..

series———

12-16

Co.—-

1st

,

12-10

Empire Mines Co., Ltd.————

$2

50c

(s-a)__*_

Co

12-15

'.v-v

——

estimates

—

$50c

Catawissa

12-16

5c

$50c

(quar.)

11-28

12-31

(Tenn.)—

y

are

$$1.50

Carpenter

Co.

(quar.)

series

stock

Co.

Old

Extra

12-12

11-28

distributions.

15

shares

(J.

Ohio

120c

(s-a)

Holdings of United

$168,000,000

Ins.

J37,/2C

Canadian Malartic Gold Mines, Ltd.

2

12-22
12-12

20c

$25c

(quar.)

3

40c

115c

Class B

12-

Norwich

Forgings, Ltd.—

Canada Malting Co., Ltd.

12-12

40c

Co.

Power & Light Co.—
preferred (quar.)

North

$1.90

Ltd

11-25

Northern

$1.25

-

12-10

11-22

$2.50

—

shares

Norris Oil

45c

Dominion

Inc.__

shares

Newberry

—;

&

12-

15c

amounts

shares

4%

11-21

Co.—

(year-end)
Stone, Ltd, (quar.)

11-18

12-15

11-19

50c

series

Industrial

•

Oil

—

12-12

12-12

New Jersey

4-15

Co.

Canada

Dec.

Clicnncal

.__.__i.__

1

V

••
^____

Funds—*•

"Institutional

.

\

(s-a)

$365,000,000

New York City,
$102,000,000 in the

the

11-18

tw<

(quar.).__..

Buffalo

Trust

following

Aviation

(year-end)

A

National

(Subject to approval of stock¬

preferred

Class

National-Standard

11-15

(quar.)

1

5

12-

70c

.

(quar.—

Building

for

common

11-19

11-19
-

11-18

12-

12-

$1.75

________

Co.,

-

Ring

12-10

35c

(quar.)

common

Accident

3

3

50c

i

.

&

1-

I2V2C

.

Brunswig Drug Co

Extra

1

Life

11-15

*

(reduced)

Company,

Corp.

Piston

National

1

12-

Corp.,

11-25

30c

(quar.)__

&

P.)

11-15
12-

25c

i

:—

-

>Muskegon

:

The

(s-a)

Co.,

Brunswick-Bulke-Collender
Common

Extra

(quar.)—

March

on

1

1

(J.

Wheel

Motor

11-15

1

12-

Co.

quarterly

11-25

1

12-14

30c

(quar.)
Alining & Mfg.
preferred (quar.)___

Morgan

3

12-10

Co.—

Ltd!, com.
(quar.)..—,

dividend

holders

1212-

$1.50

Thermit

Increased

12-10
12-10

Co.

12-

7VaC
v

(quar.

Sales

&

Income

Oil

preferred

Stock

1-

1-20

Co.

preferred

$4

America—

Rubber

12-15

1

37V2C

—

Mississippi River Fuel Corp.—

11-18
11-18

—

interest

<fe

-

issue

$39,000,000 in New York
$54,000,000 at all reporting member




1

preferred

decreased

^oreigtj banks increased

1

12-

3

Extra

Demand

12«

&

Gas

Minnesota

(s-a)

British-American

Rubber

of

7%

8

12-15

12-27

30c

$1.12 V2

1-

<s-a)___

Metal

11-21

1

preferred 2nd Issue

Holdings of Treasury certificates
indebtedness decreased
$105,000,000, of which $76,000,-

Covernment

11-

12-

5%

fr

000

11-15

5%

Holdings of Treasury bills decreased
$251,000,000 in
a

Trust

Hose

3

carrying United

.

New York City and

11-18

1

—

—

RR., $3 pfd.

beneficial

of

Woven

Electric

Master

1-

(Increased quar.)
Erie

Mfg.

Star

12-

$1

(quar.)

Co.

Lake

Lone

11-23

$1.75

$1.25; preferred

Gossett

/

40c

(quar.).

.r—

11-21

35c

;

(M.

11-23

25c

30c
...

1

15c

(quar.)

D.)

11-23

Loans to

Governme"t and other securities increased
$338,000,000, largely in New York City. "Other loans" in¬
creased $32,000,000.
j,
'

Of

Inc...

(quar.)

(quar.)

G%

Condition Statement of Member Banks

ernment

...

Industries,

common

(quar.).

preferred

Brown

creases

Co.,

$4

:

3%%

the

(quar.)

Picture

Light

12-

■

10c

H.i, Inc. (quar.)
Company (quar.)
Stores, Inc. (quar.—

(H.

Lincoln

15c

4:.

Lantston
Lee

9

12-

,

t20c

i.-—

(quar.)
Hydro-Electric, common

Bangor

Bond

indus¬

deposit and F. R.
liabilities combined

shows

Motion

Gas

11-21

$1.18%-

—

(quar.)

common

Laclede-Christy Co.

11-30

40c

Ltd

12-

common

(quar.)____

Creamery Co.,

preferred

12-19

12V2c

foreign

to

ended Nov. 2:

Co.

60c

Ludlow

15c

accept¬

make

3

preferred

Knutlsen

11-18

9

12-10

Co...,

il/apreferred

)

44.57t.807

1,834

gold

94,379

121-

*

12-10

(quar.)

Assurance

Corp.,

Carpet

Atlanta

Bell

loans
of-

serves,

27,543

.1

12-14

50c

Apco Mossberg Co. ;(s-a»

448,189

27,543
,139,140

44.138.596

______

to

200,116

466,711

>

143,110

for

purchased

correspondents

207,238

27,543

accounts

Total liabilities & cap. accts.

ances

207,444

—

12-14

''12-28

434%

11-30

12-28

Kentucky Utilities Co.,

12-15

12-15

'

25c

(quar.)...

Tiling Co.

Fire

National

Associated

Capital paid in
Surplus (Section 7)
fiUTplus (Section 13b)

Company

2,328,031

.

1-10

50c

25c

Artloom

Capital

Chicle

1

20c

Holders

...

Payable of Rec.

75c

Extra

12,779

.

When

Share

22,412,605

11,438

43,293,788

,

12-

12-

10c

r

Per

...................115cv
Aluminum Co. of America, conimon.....__^i^, ';
50c
$3.75
93%c
(quar.)
j

Andian
Total

;

,

0' '

Addressograph-Multigraph Corp. (increased)
Standard Engineering
(year-end).__
Allied Laboratories, Inc.
(quar.)

American

Total

\

Company

V-'-v:V-...

12-15

25c
Kayser (Julius) & Co. (quar.)
Kent-Moore Organization, Inc. (quar.)—,— -it:4- 15c
-

are: \

Aetna

.

,

Name of

"V '

24,181,645
r

.

16,437.000

.1, The dividends announced this week
V1; ■\f

V*
■

16,144,755

——

—

.

%

23,224,227

.

acct.

Treasurer —gen,

-Other

44,574,807

/

,

.

Total

4A

Gordon

514

11-20
12-

$1.25
-

-

-

■

6,119,819

;Y

7,536,200

securities—

and

Gilbert

725

+

-

(quar;)+_%

(s-a)_____—

Tire

$1.50

current

Total

S.

4,977,244

7,534,700

_

U.

.

3.902.196:;.',:
5,796,900

.

298,100
—

__

1,554

+

+

A

50c

21c

-

(quar.)

class

$1

50%

-■

Canada, Ltd
;
r__—
class A (s-al————

Georgia-Carolina

+

deposit accounts, except

and

973

5,841.900

_

523

—

326,402

—

of

preferred

54

168

(quar.)^i^__

250,935

b

610,777

securities:

Govt,

Certificates

demand

to

"Preliminary

22,825,732

271,128

.

$3.75

33

1,374

11-24

*—

...

B

General

+

46,860

during week

630,303

319,105

-Bills

Bonds

22,195,429

549,568

23,265,172

reserves

cash

Discounts

U. 6.

22,767,431.

548,743

Associates-

Co., Ltd.,
Corp. (final)

Products

—

647

interbank

fund

notes

RR.

General Motors Corp. com.
$5 preferred (quar,)

2,863

+

11-16

1

+

'v>. Special

239

+

9,159

1

12-

*

(resumed)

Brook

Fittings, Ltd., class

:

:

deposits adjusted.

Foreign banks

certificates

^ademption

+

105

Boi rowings

Debits
Gold

Bound

Utilities

Class

4,133

2,146

Interbank demand deposits:
Domestic banks

1948v

-

-

"

-f

299

A

Extra

Demand

Nov. 2.

-

437

+

11-16

12-

,

11-16

1

50c

■

394

12,339

banks

Time deposits, except Government
U. 8. Government deposits

/

+

735

with

Liabilities—-

Reserve Banks Combined

32

365

vault

In

Balances

Fibre

33

—

4,959

1

225

+

—

26,348

12-

12-

Empire District Electric Co.__J.
Falconbridg^ Nickel Mines, Ltd._

68

—

7,286

J

—

11-15

93%C"

(quar.)

class

Paper

Electrolux

30

—r

2,617

indebtedness—

of

11-15'_.

11-30
11-30

* 45c

'

First Security Corp.,

—

1,150

bonds

Reserve

.

&

Eastern

326

25

—

$2

931ic

■".

(quar.)

oommon

(quar.)

Aircraft of Canada, Ltd.—r

$2 non-cum.

Eddy

630
"

+

37,401

B

When ,; Holder* >

75c

_

■

.

Supply Co. of N. Y
Co., Ltd ordinary (stock bonus)
East Mahanoy RR. (s-ai_

<.

+

4,266
securities—Total

7
7

—

A

>

25c, -11-30

t

Dentists'

....

—w

4,246

(quar.).,,

common

Distillers

-

+

;

preferred

Delaware

1,734

..

—

207

Government

U. S.

177

Per

Share,^Payable of Rec.

:!

3%y«-• preferred

345

»

+

49
.

.

420

loans

Loans to banks

1539

30

;

289

+
.

Varnish Co.,

De Havllland
•

:

+

765

purchasing, or carrying:
Government obligations

Other securities

; v.

i
—

v;

853

_

for

estate

.

*

preferred'(quar.) _i__

prior

3%.%

409

;

;

.

Other securities

Real

1539

this Issue.

(In

—j

19

pur-

obligationsI

securities

loans

Xf. S.

r

1

15

-----Dec

In

400

.+

&

Dayton Power & Light Co.,

4,449

+
—

;

•

Treasury note3
•Announcement

91

+

13,699

'

*

-.

,

400

agricultural-',

dealers

carrying:

or

'

Other

Nov
Nov

Virginia' Water Service Co.—
mortgage 3V4% bonds, due 19G6-.

11st

,

+

Company

Extra

$3

Nov. 3,

.

stock—

A

to

—

24,633

and

——

..

stock
stock

preferred
preferred

66.681

24,321

chasing

Electric Co.—

Penn

Investments—Total

—

Loans

180.7

Jan
-Dec

Cook Paint

1948;
(In millions of dollars) „;

,

end

loans

1703

collateral trust certificates
Upstate Loan Co, Inc., 0% debentures, due
6%

1949

•

.

Commercial, Industrial,

*

«

15

United Rys. 4%

West

1601

31

Transportation. Co.—,

<fe

Oct. 26,

1949

Loans—gross

«

serial debentures,
Nov 15
debs, due 1967_,-—Nov 28

4%

California.

Ltd,

Co,

Oil

United

43/4%

Loans

♦Nov. 2,

*

Loans—net

1699

15
27

Petroleum

Container Corp,

Assets—

-

1699

13

1st pfd. stk.-Nov
pfd. stock—___Dec
Ottawa Light, Heat & Power Co, Ltd, 5%-pfd. stock.Dec
*»hiiip Morris & Co, Ltd, Inc., 3.60% pfd. stock.,
Dec

States

Katlonal

Name of

Inc. (+) or
Dec. (—) Since

'

...

,
...

1693

-

Middle

'

'

,

-

.

,

Montreal Refrigerating & Storage, Ltd, .5%

,

Monday, November 14, 1949

-

in-New

$422,000,000
V

.

'

f5Quitable Credit Corp., 6% con v. deb. bonds, due 1067.Dcc
1
Oeneral Pireproofing Cq., 7% preferred stock
Jan
1
Steel Castings Corp.. 1st mtge. bonds
Dec
1
Indianapolis Power & Light Co.—
:
i
1st mortgage bonds, 3 J/4%
series, due 1970
_____Nov. 25
1st mortgage bonds, 3%% series, due 1973
Nov 25

General

CHRONICLE

A summary of the assets and liabilities of
reporting
member banks follows:
*
'

1489

5% 1st mortgage debenture stock and bds., due 1959-Dec 31
Chicago, Rock Islapd & Pacific RR.— r
*
1st mortgage bonds, series A
Jan
1
•Consolidated Engineering Corp., 0% con v. debs., ser. A.Dec 20

FINANCIAL

York City and $105,000,000 in Chicago.

Jllgoma Central Terminals, Ltd.—
,

COMMERCIAL

Brothers

&

preferred

Reliance Mfg.

Co.. Ltd.,
(s-a)_:

Co., 3%%

common

$$2

conv.

pfd.

(quar.)_

3

12-12

1-

3

12-12

8 7 Vic

—

1-

I$2

(s-a)

——

1-

3

12-15

2c

12-14

11-15

"20c

12-15

11-21

25c

12-10

11-10

25c

12-10

11-15

25c

12-10

11-10

11-15

25C

12-10

11-10

Ric

Grande

Valley

Gas

—______
'

Rowe

Signal

Corporation
Oil

&

Gas,

(quar.)

class

A

—

(quar.)

—*

11-10

;

Volume 170

Number 4855

THE
Per

Home of Company

'

Sheaffer

tW. A.)

*

H

Share

Pen Company (quar.)_____

Simonds

Singer

11-15

11-25

11-15

5c
$1
$1.50

25c

11-15
12-15
12-14
12-14
11-11

11- 5
11-17
11-23
11-23
11- 1

$1

11-15

$1.12%

40c

12- 1
12- 1
11-15
12- 5

11-15
11-15
11- 8
11-23

40c

Motor

Saw

Express-;—_——™*™*_
Steel Co.
(year-end)

&

Manufacturing

Extra

Sivyer

12-

11-23 t,

.*_.

Castings Co—

Advance

4%%.

Bag &

preferred

Southwestern

Spartan
Staley

,™_™_™_

(Massachusetts!

Mills

Southern

■

•

(quar.)—* «r™™ ■
—$1-50

Co.

_______

Steel

Scule

Name

Mills

Telephone Co.

Mfg.,

(A. E.)

(quar.)

20c

_

_™™™_*™..-i:*™™*'

_™_™

$4

.■

(quar.)*™**™

common

11-

5%

Extra

33A%

1

**™__™

**

—™™™*_™——93c
Standard Accident Insurance Co. (quar.)— 36'/4C
■>

4Vj l/0

4

Standard-Coosa-Thatcher

Standard

—

75c

common

Partic. conv. preferred

(cumulative)

(non-cumulative)

preferred

conv.

Participating
(D. A.)
Oil
A

partic.

Sunshine

Fenn

&

Co.

Co.,

Taylor,

Pearson

5%

convertible
Shovel

7%

$20c
15c

________

Tyler

12-15

12-

12- 1

12- 1

(quar.)

$1.75

—™____ —

(s-a)—

Co.

.

15c

:■

12-

7

30c

12-20

1334c

?

r!$l

™™__—

11-15

-

(

Interim

„■

-

Arcade

Co.

11-30

11-10
11-10

Inc.

12-

11-10

30c

11-15

1

Arden

$3

11-10

,j.l-

Co.-,

11-15

Byron Jackson

11-19

Calaveras. Cement,

11-16

:yAVa%

20c

12-31

12- 5

$1

12-31

12-1

12-31

$1.75

1-3

12-5

'

f'Argo

:v-''

Co.,

;

preferred

8%

r

Van

Virginia

Dare,

Warren
$3

Oil

Co.-:.-™.-,

Inc..™'

Co.,

12-

1

2

11-

Oil

Ltd.,

(Northam)

Weber

Showcase

11-21
11-19

12-

11-18

$1

$31 Vic;

(quar.)—;**4

pfd.

1

12- 1

Arkansas

J

Armco

(

11-19

Fixture

&

75c

12-1
12-

1

11-21

40c

12- 1

11-15

__________

Co

r

11-16

10c

;___*™_

$712-15

12-

.■ty- Common
$1.20

6%

Utilities

preferred

conv.

Westmoreland
One

Corp,,

5c

share

Coal

11-15

Wilson

Brothers,

Wilson

&

$4.25

14

5%

preferred

Company,

;

62%c

12- 1
1

11-14

1-3
12- 6

12-19

$1.06(4
25c

-—-

Ordinary '

.

f

1(

,,

West

&

a'..;..;';;
{11-17
tic

.

1- 3

11-23
11-19

•

3-

1

4- 1

series

3-20

Auto
•

When

> Per
Share

B

B.

C.

Vending

F.,

Inc

(quar.)——

Corp.

Holder»

Gold

A

Title

11-15

11-

11-15

10-26

12-

1

11-

1

1-3-50

12-

1

Surpass

Corp.—

(

-

•

preferred

5Y2'/o
hVz'/o

($10

Canteen

Co.

4%

12-

1

Building,

Baltimore
■

12-12

11-

12-

1

11-21

12-

1

10-31

100%
115c
120

Barber

H.)

Bathurst Power

II-15
12-

1

11-15

34 %c

12-

1

11-15

25c

12-

10c

11-15

1111-

9

$1.25

.*.**™.._™™_™.—

Corp.™—™

1

Co.

Stores

3V4%

Co.,

V

(quar.)™™

com.

convertible

preferred

Aluminum Co.

of

12-23

12-

2

12-23

12-

;

,

30C

:

$1.37%
12 %C

5

11-15
•

5%
Bell

y

2

12-

4(4%

Berkshire
Bertram

10-31

11-15

•t- Class

1

11-11

Best

&

Corp.,

B

$25c

12-

1

11-

tCOc

12-

5

;•

™_—

.**»*_™_™**^:'i, y +50c
Corp. (s-a)™™™*™*™™*, •ri-" 70c
Airlines, $3.50 pfd,, (quar.)
87J/2c

12-

5

11-10

Holding

Extra

Amerex

12-10

11-17

12-

1

11-15

12-

1

11-15

11-30

11-15

American
American

(quar.)

(increased»

Ltd.

Automobile

Ins.

'

(St.

Co.

Quarterly

.

American Bosch
American

Can

American

Forging

Extra
American

i3/* %

&

$2.50

(quar.)

General

preferred

Corp.,

preferred

Extra

k

'

(quar.)

Insular,

Convertible

11-

4

11-15
1

11-19

12-

1

11-19*

i

5c

75c

13-15
12-15
1-

3

11-

4

11-16
12-

2

preferred

Bickle-Seagrave,

Ltd.

Blgelow-Sanford
•

6%

preferred

Blauner's

(quar.)

_

6%
Blue

Moon

Foods

11-15

Boeing

12-

1

11-15

Boston

Fund.

12-

1

11-15

Boston

Woven

12-12

,11-30*
Bourne

11-15

12-13

12-

11-14*

1

11-14*

Illinois

Central

•

w

3.40%

'

Central
-

:Kansas

11-17

4V2 %

11-30

Chapman

11-30

11-15

11-

Mills

1

Ltd.—

.

.

11-15

$37 %c

1-

3

12-

'
10-31

37 %C

12-

1

11-13

4%% pfd. <quar.)

$1.12%

12-

1

11-15

12-

1

11-13

30C

20c

12-

1

11- 7

27 %c

12-

1

11-7

62 Vac

12-

1

$1.25

12-

1

11-

1

25c

11-30

11-

1

12-31

12-

1

pfd.

(quar. 1™-—
common.™

Service,:

12-15

12-15

1

11-15

Chili

'

10-31

11-15

11-15

;

10-25

12-

1

*

11-17

1-3-50

1211-

60C

12-1

11-14
12-

(quar.)

12-

1

12-

1

11-12

12-

1

11-12

25c

11-

Mills,

11-13

11-15

11-

11-30*.

10-31

11-15

11-

1

11-15

11-

1

11-15

10-27

$1.50

11-19

11--7

15c

12-15

12-

1

15c

12-15

12-

3

25c

12-15

12-5

$1.12%

1-3-50

12-18

8

11-21

tquar.)**™.*™
Corp.,:,.jcom, )quar.)

*_™™™*__*™™_™-_,**™-_-

(quar.)

*_*«*.„**™—™_

25c

Engineering

11-10

10-31

50c

tquar.)*™-™*™

11-25

25c

—;_______„„**™—*_™

12-

40c

Co.*™.™**™,

12-

1

11-ia

1-2-50

12-15

$3.50

1

11-5

,V'l; 75c

12-

1

11-15

25c

12-

1

11-19

5c

12-

tquar.)

1

11-10

12 %C

11-21

11-10

50c

11-29

20c

11-14

11-

$1.50

12-12

11-14

11-15

10-17

.;

™___™_™__™—*

Corporation

■•'

35c

,

35C

12-

1

12-

1

11-10

12-

1

11-21

15C

11-15 1

1-1-50

30c

12-15

12-

1

12-15

12-

1

12-

11-10

$1.25
4%

1

12-31

I

11-13

10-20

30c

11-15

10-20

$1.12%

1-1-50

12- 9

11-14

7%

11-15»

11-10

Clinton

$1.50

12-20

12-13

12%C

11-25

„

-

;

,

4%

special

Industries,

Common

-

11-10

Clor-ox

1

11-15

87 %C

12-

1

11-10

20c

12-

1

11-16,

20c

1-3-50

12-16

50C

12-10

11-25

$20c,

11-15

.

12-

16C

11-25
11-25

11-15

11-25

11-15

10c

11-10

Co.

!

(quar,)

*

Hardware, Ltd.—
(quar.)
—$1.20 pref. (quar.)
2—.—.—ii*_:—_*
Cockshutt Plow Co., Ltd.
(quar.)***

10-31

50C

Chemical

Class

10-27

A

Colonial

Stores,

Inc.,

common

(quar.)—

4 %

preferred

(quar.)™™-'™*™-'—i

5%

preferred

(quar.)

Co.^common (resumed)™*
(s-a)_™_

12-15

11-18

12-15

12-

1

Boyertown Burial Casket
Brazilian

10c

12-15

12-

1

75c

12-15

12-

1

75c

(quar.)*™*

*

12-20

12-

$12VaC

11-15

10-31

$50c

$3

6

11-15

10-31

Colgate-Palmolive-Peet
$3.50
preferred

25C

12-

1

11-21

Colorado Central

Power

Fuel &

*

12-15

11-10

10-31

$30c

11-15

10-31

$20o

12-

1

11-

50c..

12-

1

11-21

50c

12-

1

11-21

12-

1

11-21

62 %C

1

Iron—

$$1

—„—

Co.,

com.

(quar.)*

(quar.)______*—_f_™__*

Colorado

Traction, Light & Power Co., Ltd.

Semi-annual

11-10

—

(monthly)***™

(quar.)

Cochrane-Dunlop

11-8

1

(quar.)—™*™*™*

common

(monthly)

11-24

12-

50c

guaranteed

regular guaranteed

$1

15C

$1.25

10c

12-15

1

12-14

Class B

3

12-20

$1.37%

12-

25c

*

11-

11-15

1

(quar.)

U-lft

$1

15c

1

class A

4

55C

11-

Co., Ltd.,

11- 9

40c

——

Multiplier Corp. (stock dividend);—*
Machine Corp. (quar,)™
Electric Illuminating Co., com.™
$1.20 preferred (quar.)
$4.50 preferred
(quar.)
—
Cleveland & Pittsburgh RR.—

11-

Roller Bearing Co.

11-18

11-15

50c

Co.*™,

Company

12-

11-10

Clearing

11-14

Bower

5

Cleveland

11-15

11-15

1

Inc.

Auto

12-14

25c

12-

17C

Clary

'

11-15

11-10

10c

11-12

30c

$1.35

1

50c

_™***_**™*__

Service

Public

City Water Co. of Chattanooga—
5%
preferred (quar.)__

1

$1.05

(quar.)*

1

12-

50c

11-14

1

12-15

11-

Corp.—

preferred (quar.)
—„_*_*—i—_
Stamping Co...__
—__*.—.
City Investing Co.* common (quar.)
*
5% %
preferred
(quar.)
*—™—
City & Suburban Homes Co. (S-a) —

8

$1.50

1

11-15

90c

4%

City

2

11-22

12-

11-

22 Vac

(increased)*™**
^Cincinnati Gas & Electric Co._**_
Cincinnati Milling Machine Co., com. tquar.)

10-31

$5c

;

11-15
12-17

11-15

85c

(quar.)_*__™*»™*_™_—

Insurance

Co

Copper

'Chrysler

11-18

11-15

11-30
12-31

T' '

prefeired

Chilton

1.

7

20c

*

Corporation, $3 preference tquar.)
Chicago Yellcw Cab Co., Inc. (quar.)*
Chief Consolidated Mining Co.
(resumed/*.
Chiksan
Company
(resumed)
*—*™~

1-2-50

11-

40c

30C

(quar. )***__

Chicago

1-2-50

12-

9

11-15

iquar.)

$1.12%

$15c

—

(quar.),

12-

(quar.)
—,***—
Valve Mfg., 7% pfd. (3-a)_™—1
Corp. of Virginia—;**__*^—__*_

$4.50

1

$1.75

*****

10-28,

$20c

-Chesapeake

60C

*****

11-19

11-15

$$1.25

tquar.)

.Champion Paper & Fibre Co., common

11-30

$25c

(quar.)

1

■%>■■■' n

preferred

1-3-50

+5c

Rubber

10-15

12-

$30c

25c

Products

Chambersburg

75C

&

11-23

11-15

com,, tquar.)

&

Aircraft
Belt

25C

Hose

11-15

12-15

(quar.)____™™*_*______™

Ribbon

Cessna

/'Chain

1-14

Inc* (quar.)

1

50c

1-3-50

L-31-50

(quar.)

11-10

12-

*

City, Mo.

Year-end

11-15

$3

(quar,)*™
(quar.)_*™™._**
;*_***

12-10

"4$5
115c

'Central Vloleta,/Sugar Co. S. A.—'
Less Cuban tax of 8 7/10c__*-**™_*_*—

1

1

u"3®

+25c

Corp.___—

3

1

:11-30
r

(quar.—.

Vermont

1-3-50

35c

11-15

420c

,.;;;^.*_**™_-

& Co.,

Public

Surety

Central

3

11-

12-

1

11-10

Light & Power Co.—
preferred (quar.)—

$$1.75

$$1.50

12-

12-10

-

Company (increased quar.)**
•^Central & South West Corp. (increased)

11-10
11-

0

11-15

$25c

Soya

Certain-Teed

11-

1-

1

Ohio

3.60%
Central

Century

1

10-31

12-

(quar.)_,_.

preferred

Central

2

12-

20c

■■■

2-2-50

*™+L*™*™*™*™*-*™*_***™*_-^*

11-30

12-

$1.18%

■'

10-31

11-22

+

—

(quar.)

preferred

$2.50 preferred

10-31

11-15

$1.50

Bowes

■

(irreg.)




1

12-

11-

:■

1

(quar.)_

11-30

11-22

Ltd.—

-—____*_*

Hollywood Building Co.,

11-15

11-22

:

10-31

1-3-50

25c
$25c

i

,

•—™*_„^

,Central Louisiana Electric

12-21

11-29

;

11-15

+50c

$20c

'

'

*, •

preferred

12-

12- 1
1-9-50

11-1A

Light & Power-

',,.4% -preferred

12-13

(s-a)„™*_*

common

$20C

10-28
;

+25c

(quar.)

Trust,

Foundry Co., 5%

7

5c

12-

11-25*
■

1

25C

11-15

(Sidney) Company (quar.)
Airplane Co

SDecial

10C

11-

12-1

Blumenthal

1

50C

(monthly)

preferred

11-10

12-

Ltd,

Central

12-11

1-2

12-

Co., Ltd.—

Wirebound Boxes,

Common

25C

preferred

Co.,

Corp., Ltd. (quar.)
Utilities, Ltd., 5% pfd.

Arizona

$1.10
Vt

(quar.)

Brothers Tobacco,

11-18

$25c

Tire

30c

Year-end
Bloch

12-20

_

(quar.)***
(quar.)*—

Companies

Pirie' Scott

Carson

11-15

$1.50

12-15

$32 %c

tquar.)

Capital Estates, Inc. (s-a)™™**™*
Cap well, Sullivan & Furth, 6% pfd.

1-13

12-21

$37 %C

10-31

11-23

Central New York Power Corp.—

11-30

$1

12-

9

iquar.)

,; Extra

.11-15

25c

;

♦

Co.

Ltd.

preferred tquar.)

(quar.)

preferred

50c

—

4-15

$1.06%

common

1-3-50

—

com.

3-15
y

2-1-50

12 %C

(quar.)

75C

Extra

*

Extra

$3

Blaw-Knox

1-10-50

75C

5-1-50

20c

_*™*_™

(Philadelphia),

75C

pfd.

4-1-50

$12%c

.

62 l/2C
...

1-15

—_***

common

Dock,

$1.50 class A " (quar.)

2-15

10c ;

—

Birmingham Water Works, 6% pfd. (qnar.)_
Black Hills Power & Light, common
(quar.)1
4.20%
preferred
(quar.)
5.40%
preferred
(quar.) ____™*_™ri

IOC

<quar.)

Oil

Canadian

•

12-13

50c

Carpet,
(quar.)

J,

10-20

12-

2-1-50

$1.50

Corp., common™***
(quar.)

10-31

11-15

11-15

1-1-50

40

$1.12

(quar.)

Steel

50c

Tirreg.).

com.

Leather, 6%

prior

11-21

I2V2C

$1.18%

___

Company—

non-cum.

American

com.

>

™

1™,

American Ice

6%

™.

Co.,

(quar.)™

American Home Products

5c

12 V2C

(quar,)™*

(quar.)

preferred

American Hide

(quar.)

Electric

preferred

American

$3

Co.

^™*™™.f*-,

Gas

40c

$1.25

75c

fquar.)_
Socket

&

P'urniture

American

$2

Co.

;™.—

3

Louis)—

;,£™*_w*_™^***™*_»»™i**.**« ■•x
Corp., 5%, pfd. (quar.)*,
American Business Shares*™*™*****^*™***.
v-

7%

11-10

preferred

4%

11-10

1

4c

_***__™_**_*_**-**_*.***„*_*__*i

Company

10-31

11-15

Canadian Western Natural Gas—

.

$25c

Spinning Associates
(J.) & Sons, Ltd., class A

"

Aluminium,

V

Ac

(quar.)**

preferred

11-15

33 %C

Carrier; Corporation

—___

Fine

Bethlehem

Canada, Ltd.—

$6

27c2C ;

$0.27937

*

(accum.)*™

Central

'

_***__*_,

Co., common
preferred (quar.)*

Beneficial

11-22

(quar.)

Howell

10-31

International Invest.

11-25

3-1-50

*

preferred

&

12-10

12-

B

preferred

Canadian

11-15

Belgium Glove & Hosiery Co. of .Canada, Ltd.
Common
(quar.)

''

10-31

11-15

1

i25c, 1-3-50
Products, class A (quar.)**
1-3-50
convertible preferred tquar.) $$1.12%

11-15

12-

11-10

11-15

*

&

11-28

4c

Manufacturing,* 6% pfd. (quar.)—*
Beck (A. S.) Shoe Corp., 43/4% pfd. (quar.)
Belden
Manufacturing Co
Belding-Corticelli, Ltd., common (quar.)

■

11-10

::
(reduced)
(reduced) _™*;*_*_*_*_™_™_™*

$$1

11-15

11-10

12-

62%c

:

11-30

150C

Co., Ltd., class A (quar.)

11-21

(quar.)*

Foundry, Ltd.,

11-30

12-1

•:

11-10

11-21

15c

;™-„™™*™**.

12-10

834c

(year-end)

Co.

Food

Canadian

12-16

25c

:

11-10

11-21

(quar.)____™*

common____**_*

$1

12-

I

11-21

^Canadian Motor Lamp Co., Ltd.

11-18

■

**„__.

11-10

31 (4c

<quar.)_

A

5%

11-14
11-21
r;iT- ■:
/ 'v

12-30

4c

preferred (quarj
,***—
;; Belding Heminway Co. (quar.)___***—

•

8i»/4c:v

(quar.)*
;

Class

11-18

(quar,)™*-*™;™*™'

11-21

50C

Central

7%

12-15

40c

i'i;

;__™*:—__*™_**_-™™_™.

1

40c

12-15

12-15

Beacon

7

11-15
37V2C
(quar.)..*™™™.™..™..™
75c 1-20-50
Corp., common (quar.)—
12- 1
preferred .(quar.),*..™*w**^**:**™*.^:1.' -fv>: $1

;

11-17

Mfg.

Vt'

Corp.—

Extra

I3%c

12-12

.#;

12-15

_«*

Co. (quar.)
Canada, Ltd

of

A

Class

11-14

tlOc

(quar.)*

(quar.)**:

Steel

Ltd.,

4% %; partic.

ri

5

$12%C

:

10-29
12*

37 %C

Ltd.; $1.30 pref. (quar.)

75c

.*_■___**—_**_™*_**_™**„_*

(W.

Bastian-Blesslng

-

:

12-12

:.";r $5c

11-9

11-15

37 %C

(quar.)_____

50C

•■''v;
****».**—

7 %preferred ' (quar.)

Barber-Ellis

7

11-10

Kid

12-

'12-15

$1

11-10

11-10

1

■

10-28

1

50c

1
1

12-15

r.

(quar.)

(quar.)

Fairbanks-Morse

>

10-28

$i

Porcelain

Quarterly
:

11-18

11-15

11-

Investing

12-1

$2

12-

$2.50

•*

(quar.)

Canadian Industrial Alcohol

11-15

*__™_***_*:„™*'

Inc.

Class

Canadian

I'? Bankers & Shippers Insurance Co. of N. Y.—

11-16

35c

par)

Alloy Cast Steel Co. (quar.)
Alpha Portland Cement Co.
Altes Brewing Co.
(quar.)

•

12-19

*;

1212-

62%C

Dredge

11-15

11-10

Extra

,~A%>

IV

12-19

12-

»

Co.—

Canadian

*

(quar. )__*_._„*

11-10

$1.12%

common

Canadian

11-10

56 (4c

America

ll-lO

12-10

'

11-10

,

11-21

11-25

Allis-Chalmers
>'■.

1

"

12-15

11-15

International

■I.

11-28

12-

Bankers Bond & Mortgage Guaranty Cc. of
v,:- • America /:™**_.__™**_****-;*-i*****__-*»*''

11-25

Allied

■

of

12-10

11-15

11-10

;*

-

20c

(quar.)

12-15.

11-28

1

:

•Baltimore Radio Show

50c

Company

12-15

12-15

.12r12-

1

11-

$15c

12-. 1

*

12-12

25c

Gas

Allied

12-15

50c

-

11-- 1

50c

Co.

(quar.)

Canadian Car &

12-1

$1.50

Ltd.™
*™
*.
Service, Ltd., common
•___._
.™*_™___*_*_**'

1

12-1

HOC

A

;Canadian

(quar.)™™*„_*

12-

$1
'

$$1.12 Va

7

12-15

40c

Foils,

Class

Canadian

11- 2

25c

-

Allied

1

$3.99

11-16

-

Allied

11-

30c

I-3-50

150c

(quar.)™*™™
preferred ($25 par)
(quar.)
Albany & Vermont RR., (s-a)*
Allied Finance Co., com.
(increased s-a)__
5%
preferred (quar./
...

12-

$1.75

common..,

87 %C

;

;

11-15

$3.42

Mines,

Badger Paper Mills_
Balcrank, Inc

-■

v

.

Co.,

ll-'l'
11-

Canada Safeway, Ltd.,(4%%- pfd. (quar.)™*
; Canadian Bakeries, Ltd. (extra)—
: Canadian Breweries, Ltd.; (quar.) ___——__*

12-12

12-15

40c

$1.25

+

Shoe Stores™—-—™—Corp. (increased)*^™—

Radio

Airline Foods

RR.

1

1

&

...Canada

11-30

12t29

;r

11-10"

1212-

'

•12-15

50c

11-25

1

7

7

93 %c

25C

paitic. preference (quar.)
5% preferred {quar.)*.™™.——™__™
Acme Glove Works, Ltd., $1 pfd. (s-a)
"
Acme
Steel
Co.
(reduced)
Acme.
Wire
Company™
—?.
Admiral Corporation (stock dividend
Agnew

11-

preferred

Canada Cement Co.,

11-7

<•

125c

A

Aircraft

12-15

15C

(quar.)

preferred

■Balfour

;.:>y

&

MortgageClass
A
(year-end)
Acadia-Atlantic Sugar Refineries, Ltd.—
Class

.

1

11-

II-15
11-14

2

37 %C

Burlington County Ry. (s-a)
Campbell Wyant & Cannon Foundi7______™

Avondale

$4.50

8

20c
125c

Paper Co.; Ltd.™™:-*™w™.:;:

150c
Abstract

12-

1

(quar.)

Mills,
-'
Common
(monthly)
-vCommon (monthly) (w.™*™_-™***-**
-fCoiBmon '(monthly )v
'i
i-Common (monthly)
f -Common (monthly)
Common
(monthly)

Payable of Rec.

25c

,

:.

&

'Camden

1

$1.50

(quar.)
(year-end)
(quar.)

'

T.

10-31

12

1

preferred
Co.

Corp.

Electric

Class

:

t

of Company

Line

Powder
Tack

Aunor

2-20

25c

6%

Atlas
Atlas

1-19

25c

*___,—

Refining Company

11-19
12-19

give the dividends announced In previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the
preceding table.
J

A.

preferred

1

Atlas Imperial Diesel Engine Co.—
4%% series A preferred (quar.)

we

A.

(Preferred

5.30 7o

25c

(Conn.)™*

Coast

Automatic

Abitibi Power

5.28%

12-

*

Atlantic

11-10

■

Name

4.40(4

^ '•

RR

Atlantic

*

Monthly;:-^iy--j-^Z^™i™-*-w:-™-^i™vy.;:v
C" Below

Point

11-15'

12-

87 %C

(quar.)

Service

10-31

$2

Atlantic Coast Line Co.

.

25c
12-1
•
' 50c
12- 1
y.™^™w_C™™-^--™™--l.-^25c .";; 1- 3
2« 'X:

Monihly

'Atlanta

Water

11-15

Extra

11-22

5%

11-10

12-

***»-*-_*-».

1

11-23

30c

Packing Corp.,
preferred (quar.)

1

Refining Co.—

com.

12>
>

$1

_

Power

12-1

$1

preferred (accum.)
preferred (accunt.)

1st

preferred

12-15

12-

Atchison, Topeka & Santa Fe Ry. Co.—
Quarterly .:™*™.™™*™_,™**«

v

Wright-Hargreaves Mines, Ltd. (quar.)
Wrigley (William, Jr.) Company (monthly).
-Special
J
:
.

1st

12-

62 %c

(increased quar.)__
..^-.»**™«:
j/referred 4quar.)___.

11-15

40c

™____r__—_______

Electric

.California

,

,

v

registered
for
each
share
held.
(Subject to stockholders approval)—.—-

v;X- 7%

11-10

20c

conv.

11-18

12-

25c

preferred

Monthly:",

w:

11-10

l>.

62 %c

2nd preferred (quar.)
Associated Telephone & Telegraph Co.—

5

1

12•

27 %c

7%

11-17

nary

;

11-

''

12-15

—

stock bonus. One additional share of Ordi-

.

'

——

(s-a)

common;

(quar.)
Woodward Governor Co. (quar.)
Woolworth (F. W.)
& Co., Ltd.;

11-15

;

'*

-

,

held—

shares

12-1

1

15c

(quar.)—.—__.._™
(stock dividend)
~

Co.

each

for

(initial).—

common

&

12-

prior

5%

'

**

Associated Dry Goods Corp.,
6% 1st preferred (quar.)

1

'

Western

Oil

6

$50c

(quar.)

California

1-3-50

Power

(quar.)

11-16

12-15

Natural

preferred

1

$1.25

Steel

( Ashland

•

Western Maryland Railway Co.—
7%
1st preferred (accum.)—:—.__™__™;

$4

12-

25c

Co. (quar.)
*
Gas, 6% pfd. (quar.)™**
Corp._____i^
Armstrong Cork Co., common (increased).**
$3.75 preferred
(quar,)*™___._„**.
^*_.

(

12-

$1.25

—

Co.

pfd.

(quar.)

California

$1.12%

I

25C

5%

15c

*_*__

11-181

(quar.)

Co.

15C

•

:

(quar.)

Arkansas-Missouri

12-19

75C

common

preferred

12-23

6 (4 c

convertible preferred

$2.50

Corp.—

(quar.)
Products Co

Screw

12-10
12-10

y

11-21

$2
25c

;

preferred

conv.

Wayne

5%

Ltd.,

12-1

12-19

25C
*

*

(quar.)

\

12-15

50C

12-23 ;

50c

common......;.:

Corporation

Corp.,

I1'

11-

20C

(quar.)__—

participating preferred
Participating

2

$1

'<■

11-

11-15

11-10

12-

\

(quar.)

II-15'

II-15

Co._

$1.50

(quar.)
Arizona Edison Co.,-common (quar.)____*
$5 preferred (quar.)*„_*i_™
(Arizona Light & Power
Co., com. (quar.)
V ' ■; •$ 1.10 preferred (quar.)_*_-___™*_™__*^*

12- 1

12-10

™™™*™i

*

;

50c

r—

(quar.)™-™*

preferred

1st

Southern
Raalte

——

.".

common

non-cum.

Utah

;

(quar.h™.—

1-21

$15c

:

11-15'

15c

prior pfd. (accum.)
California Cold Storage & Distributing Co.—

$3
Co.

11-15

12-15

20c

1

(quar.)

common

12-15

(quar.)

4%%

1

a5%

Mills

Corp.

12-

1-31-50

12-23

12-15

Extra

Common

__*__.•_

participating preferred
partcipating *_

»,v ,'

12- 9

Extra

7%

Eurton-Dixie

1

12-

$1.50

11-15'

$30c

uncreased/—

Machine

30c

'

U S Rubber Co.,

U-

Adding

Butler Brothers,

Products,

Farms

75c

(quar.)

1

I-13'

9

12-31

$7V2C

—*

—__*_—__**

Manufacturing

(F.)

Burroughs

Co.—

(s-a)

933ic

Fund.
Gold

50c

preferred

conv.

;11-15

11-25

75c

1

12-

10c

11-* 4

12-15

(s-a)

Equipment

:

6%

11-30

60c

&

Co

Corp., common
preferred (quar.)_
3%%
2nd preferred
(quar.)
4%
preferred (quar.)

9

75c

12-

1-31-50

15C

3(4%

11-21

common

11-10

________—___

Burlington Mills

11-30

11-

1

90c

(quar.)_l__™—,_*_,—
Ltd.
(year-end)—,—
Dredging, Ltd.™™_—________

25c

II-23

32-

40c

preferred

prior

Burkart

12-24

11-7

$1 50

50c

(quar.)..:

(quar.)

common

11-15

4

$1

Co.,

$5

Co.

Company,

11-30

(quar.)_____

preferred (s-a)
Archer-Daniels-Midland

Argus

; ;

Budd

Bulolo

6%

12- 1

™™s

2

10%

3

1

—™*,——__

Line

Pipe

Bullock

-

I-

12-

________

11-

Foundries

Cotton

12-15

Unlfeid Income Funds. 4
U 5 Gypsum Co., common

Extra

12-2

1

12-

Falls

11-25

6% pfd. (quar.)
Telephone Co.—
Class A (quar.)
Anglo-Iranian
Oil
Co.,
Ltd. < (Ordinary) —

12-31

___;.™™

Hill

11-15

***__*™™i__*™_:

*__

Post

____________—$1.25

(quar.)—._

Buck

Anglo-Canadian

Fund__™___.—..*4fc*v-;-90c
Circuit,

Corp.

12-24

ll-14k

I-16

40c

._**_™**

class E

(quar.)

25c

Co. "(quar.)

Wheelabrator

Metal,

( 'Anchor

12-20
12- 5
11-25-.*11-15

50c

•

12-

Ltd.,

Holder9

l

$7%C
A

12 %c

(quar.)

Tobacco

12- 5

-

-

Corp,

Steel

$3.53

Elastic

Razor

Mills,

Class

30c

Ship Building Co

Initial

11-16
11-

Bruck

4

12-24

$1.75

Y.)

(N.

dividend

Ampco

11-28
12- 1

1

10-31

(quar.)

12-

93 %C

—___»

Company, common

preferred

Buckeye

-

Co.

Smelting & Refining Co.,

Missouri— .■■<% -i,•.

(quar.)__

(quar.)

**____•_

American

1

11-15

.™__—__*™_™_*

of

Accumulated

preferred

United

12-

12-10
12-15

United Artists Theatre

5%

1

™™;;»50c
——

(initial)

preferred

United

$1.25
$1.75

V

*™™*__

™_™*__™_™

12-15

12-10

11-15

/E. L.)

334%

Sanitary—

American

11-19

25c '

12-30

$1.25

(quar.)_

(quar.)___

47

Payable of Rev.

40c

11-17
11-

Bruce

11-19

12-

-

25c

American Water Works

—

pfd.

1

12-15
11-15

$1

American

11-19

12-1

(quar.)

2-20

30c

American

<

Union -Electric

$4

Stock

11-19

.™

(irreg.)-.

Inc.

Extra

American

,l

11-19

27c

Corp., common
preferred (quar.)

Uarco,

•

11-15

$12%c
25c

Fixture

5% %

1

3-1

30c

Seating

12-23

11-21

25c

Standard

&

American

(quar.)——*

common

Co—

12-

11-21

1

$1.12%

(quar.)

preferred

.

Troy & Greenbush RR. Association
Tung-Sol Lamp "Works, Inc.—
Rubber

"4- 1

■

1

12-

25c

7%

,

•

3-1
3- 1

?50c

11-30

12-

'

y

3-1

•

12-10

When

Share

(interim)

common

Brooklyn Union Gas Co
*'.
Brown Company, 5% preferred (accum.)____
Brown Shoe Co., common (increased/
;
$3,60 preferred
iquar.)™™—*_*—.—

12-15

$1.12%

Co.™

Safety

1

Transue & Williams Steel Forgings (year-end)

Tyer

Radiator

9

4-1

.

__™

preferred

Pulley

American

Common

3

25c

Co.____

Lines, 5%

American

pfd. (quar.)
(Canada), Ltd.—

4.32%

preferred

Co.,

Extra.

12-

12-15

I-

Name of Company

Bristol-Myers Co.,
334%
preferred

12-15

(bi-monthly)

Re-Insurance

4-

(quar.)—__™—™™_*

Carson

&

President

American

>
.

(quar.)

preferred

Mining

Taylor

Co., •Ltd.—

3

3
3

Co.___™___
Co.

American

$31 Vic

__

News

American

^

3-1

1-

1-

1-

(quar.)

Meter

American

12-20

1

$31V'4C

™_*—

__™__—*_*■

__

Stuart

Thew

3

'' 150c

Partic,

Class

1-

4-

preferred

American

12- 8
11-23

150c

*

Materials, Ltd.,

Paving &

Extra
>

12-20
12- 5

preferred

Foundry

Per

.A

11-15

20c

Metal Co., Ltd., common....
preferred (quar.)
preferred (quar.)__

4% 'w

6%

5

&

Holder•

1

28 >/8C

American

'

<•

Machine

12-

31 %c

_™*_™™„*__™_

(1955)

Payable of Rec.

37 %c

31 y4c

preferred
(quar.)
preferred (quar.)

American

When

Share

4%%

''

Paper—

(quar.)™_™-™™™-~--™

States

*

of Company

American Investment Co. of 111., com. (quar.)
$1.25 convertible preferred A (quar.)

11-25

CHRONICLE

Per

Payable of Rec.

30c

Fleet

FINANCIAL

Holdera

10c

Extra

Silver

When

COMMERCIAL* &

5%

((glial1:) f*_f

convertible preferred

(quar.)*.

10-23

50C

11-15

87 %C

12-31

12-1?

45C

12-

1

11-15

25c

12-

1

11-10

48

When

Per

Name of

Columbia

37%c
35c

12- 2
12- 2
11-15
11-15

35c
Columbia Gas System,
Inc. (quar.)—18%c
Columbia Pictures Corp., $4.25 pfd. (quar.)
$1.06%
Commonwealth International Corp
—6c
Class B

™™,™„™_„

Commonwealth Telephone

$5

preferred

10-30

25c

J^-15

40c
25c
$1

*2-15
12-1
11-15

12- 1

11-15

4Oc

J?-*
11-25

1}

1 5
ll'^l

10-28

(quar.)——'
Consolidated Natural Gas Co. (s a)
Consolidated Laundries Corp.
'

5%

Mills, Ltd., com. (quar.)

(s-a)————

preferred

Water &

Consolidated
Consumers

.

Co.,,,,,,,

Power

Ltd..

Glass,

——

,«—137 /2C

_

50c

Power Co., common (quar.)„_,_
preferred
(quar.,
preferred (quar.)—,.——;
Container Corporation of America, common,

Consumers

preferred

4%

(quar.)

preferred

$3.75

preferred

Cooksville

I2" 1
12-15
12-15

H-21
11-25*

Fairchild

1-3-50

12-15

Fajardo

Company
Products

Wood

Cornell

Coro,

,

Corporate Investors, class A
Corrugated Paper Box, Ltd,,

40c

—

;

(quar.)—

com.

preferred (quar.)
Cosmos Imperial Mills, Ltd.—-.
Coiirtaulds, Ltd.—
:American
deposit " receipts
for
5%

(Interim) ——
Company, 3%%

,
*

Creole

Petroleum

0%

'

(quar.)

pieferred
Cork

Crown

—

'

Co., common

\

;

1

&

Seal, Ltd. (quar.)
Zellerbach Corp.,
common

Crown

$4.20

i

preferred
(quar.)-—.
2nd preferred (quar.)__
Nest Pass Coal Co., Ltd

$4

;

1- 3
11-29
12-15
11-15
40c
1-3-50
$1.05
12-1
$1 ' 12- 1

Crum

&

Crum

& Forster Securities

7%
preferred
Cuban-American
Cuban Atlantic

preferred

8%

Forster,

(quar.),—„

Sugar

t

4%

Culver

Corporation

Cuneo

Press,

3%%
Curtis
50c

Inc.,

(stock

com.

preferred (quar.)
(Helene) Industries,

Foote

12-16

convertible

Curtis

Ford

——

11- 5
11-15

11-15

11-1

12 %c
$1.50
$17.50
75c
25c

12- 1
11-25
1-3-50
1-3-50
12-19

11-15
11- 4
12- 9
12- 9
11-30

•>

50c

12-18

12- 7

I

$1.75

12- 1

11-16

12-

1

11-15

5%

Manufacturing

Co.

;

Publishing Co., $7 pfd. (accum.)
preferred (quar.)
....
Curtlss-Wright Corp., common (quar.)
prior

$2

.

class

A

Cushman's

Dahlstrqm
Da vies

(quar.)

Class

B

:

12- 1

>;

Delnlte

Mines,

Dennison Mfg.

50c
$3.50
35c

12-20
12- 1

(quar.),

Union

—

Co.

Yard

(quar.)

Detroit-Michigan Stove, 5% pfd. (quar.),.,.
Diamond Ice & Coal. 5% pfd. (quar.)___—
Diamond

Match

Extra

6%

Company,

preferred (participating)
participating preferred (s-a)
Construction, Ltd. (year-end)
Dixie Cup Co., common (increased quar.)
$2.50 class A (quar.)

.

iJ.

(quar.)

Dodge

Dominion

5%

&

preferred
Bridge

Co.,

Ltd.

5%

4%

■>'

1

11-15

5%

11-19

.General

$$1.25 f

Ltd.

General

Common

voting

certificates

trust

Paint

Douglas

Aircraft

Co.

Dow

Industries

Chemical

Stock
$3.25
Dow

2nd

Drug

-

preferred
Co.

(quar.)

Drackett Company,

"4%
Dravo

preferred

(quar.)____

Dnpuis Freres, Ltd.- 4.80% pfd.
Durham Hosiery Mills, class A.

preferred

:

Manufacturing
Edgewater Steel

El Paso Natural Gas,

Auto-Lite
Boat

11-21

11-11

11-21

11-11

Y U-15
12-10

11-18

1

Street

Ry.—

•

pfd.

(accum.),

Co

7%:

Great

Co.

11-25

12-28




11-15

50c

$1.06y4

12-1

11-18

$1.06y4

12-

1

11-18

12-22

12-6

12-

9

;

/

■

V

.

11-28

11-10^

11-15

11-

11-15

Power

Co,

11-4

1

Imperial

Tobacco

5%

Canada,

of

11-

5

Indiana

11-15

11-

5

12-

9

11-18

25c

11-15

10-14

Water

&

Gas

.* 4% %

1-3-50

12-20

J20c

11-15

5%

preferred A

Ingersoll-Rand

11-15
11-30

U-15

25c

11-30

12-13

'

11-25

12-23

-Aviation

10-18

I0c<

Steel

Y, Institutional

10-18

$20c

•

Stock

bond

and

V

group

Business

t

Machines

Cigar Machinery

International

Cellucotton

12-12

U-22

12-12

11-22

12-31

11-

12-

1

U-15

$1

.42-

1

U-15

,,.$1..

12-15

$3.50

9

12-15

"

12-15

International

25c

12-

1

11-9

International

$2.50

12-

1

U-21

Interstate

<25c

12-15

11-25

lntertype

11-25

11-7

Iowa

(quar.)

25c

.

Smelting &

.

>V";'''

Iowa

'i, ,Y

pfd,

Co.

U-15

1- 3

12-6

1- 3

12-

6

11-15

U-

1

Y

(quar.)

of Amer.—
■

1

25c

93%c

$2.25

J75c

,; v

(irreg.),
(quar.).

56X/4C!»(,

<.

"■

12-

v

t

$1',
,:$1.75;

;

■■;

•

(quar.)

non-cum.

25c:

•

pfd.

••••

Jaeger

12-21

10-28

Johnson

11-26

U-10

,r

13c

shares:____

shares

11-26

11-10

11-26

U-10

11-26

Extra

11-26

,4

11-14*

.

12-Y1

12-15

12-15
.12- 1
12- 1

•

12-1
30c
-12-Y1
J7c
12-15
; V 35c, ,11-15

——

12- 1
11-15
U-15

U-15
U-10
U-18
10-28

12-10 "11-25

30c.

....

(resumed)

12- 9 Y-ll-21

37%c

—-

v^

$1.25

11-26

u-10

,

...

Jones

Corp,

•+'

U-15

10-25

12-12'
12-12 Y

11-28

20c
.

-

*•

12-^1 • 11-25

S%

30c

■

:_™

<extra)

Jones Estate

dividend), Y

" -

.

—

Laughlin Steel Corp.—
preferred (quar.)—'r

;

.,

(increased),,,,,—

&

'
"20c.Y

—

#

20c
25c

ll-'28

1-3-50

12-31

11-17"
! ;

—

U-28

"

-

12-. 5

11- 5

./•"

*.

u-10

11-26

(stock

dividend--,,-,,

cash

-4

com.

Oil Refining,

Common

u-io

g%c
2%c

shares

Industrial, machinery
shares____
Institutional bond shares.

11--7

12-20
12- 1
12- 1 Y 11-10

•

(quar.)

Common ,(quar_)

11-10

14c

30c

12-15
12-15

11-.5

12- T
U-17 ';

..<41%c

Corp.

Johnson,

Quarterly

Johnson
-

U-10

11-26

3c :

6c

shares

&

Extra

t

Gc
t

25c

y

common

4

Water Supply Co-

U-10

11-26

.

U-10

H-26

7c

u____

•

U-21

i3C

-

$1
50c

Jantzen; Knitting Mills, Inc.—-;
.5%
preferred A;(quar,)u,-

r-**"
ioc

Gas

10-31

12-. 1

25c

Machine Co.-

Jamaica

,

shares,,.,-,

(quar.)

Inc.-,,,—

Co,

!

U-10

1

11-15

'• $1

.

--'4,.••

$1.50

Fireman

Jacksonville

U-10

12-

Utilities

preferred

.

25c4

?

■

Mfg. Co. .(quar.)
Island Mountain Mines, Ltd

_

12- 1

.

25c

(quar.)

(increased)
Service Co, (quar.)_„_^_,__i.,-il

Southern

5V2%

Iron

;

12-31

$1.75

(resumed)_,

Corp.

Y

r

(Conn.)—

Gas,

1-.5

.

Y 12-20
12-'.8

1- 3
12-19

>;

35c 1-16-50p
40c 1-16-50 1

(quar.)

Corp;

Public

.
,

30ccom.

Corp.

Co.

Utilities

Natural

•

Y 11-30

Publishing Co.—

Corp.

Products
Silver

(s-a)____

share

bond

Mining

Y-12-10

50c
$1.25

(quar.)_____,_

International

.

class

Railway .Co,

Administered

preferred

1-25-50

r

(accum.)

Harvester Co,

International

12-1

..

5%
.

Special

.7%

.

U-15

$1

,

•

—

Educational

preferred

_

,

w

International

11-15

$1.25

Co

quarterly

International

11-1

25c

(reduced) _L_
:

Co._,____—,

Products—

Special;

12-12

11-16

11-15

■

U-15

10-31
10-31

12-10 Y U-22

20c

Y

International

U-19

Increased

12-10
U-. 7

.

11-21
11-25

$1

U-15

;;

12-10

;

Corp.—

dividend

Stock

50c

25C:
25c

,

1

$1

;

:

11-15
U-15
11-10

-

,

1

.

15c

A

1-3-50
12- J.
12- 1

,

12-

.,„•'

'

1-3-50

$1.25
-•-.•'$2

Quarterly;

,,

10- 3
Y": Y

,

$1.06'/4

—

Shares, Ltd,—

International

•

12-30
12- 1
12- 1

Y',

'

12- 8

—,.

Co.___"

group

'

-

30c
20c

'

Co.

sl2-

t2c

37Vac

(quar.)_,

.

10-25

j

XllVzC

(quar.)
(quar.)

B (quar.)
(quar.)

preferred

•

,

Y Inland

common

»

Indianapolis Water,:class A
>

(quar.)

Ltd.—

U-22

11-21
'

1

-

—

11-15

•

,

\

3%

Co.

11-15
U-15

12-15

45c
j

(interim)

-Ordinary

25c

$1.25
37%c

(interim)

Ordinary

'

(quar.)

11-15 .rllA 1
Url5 Y 11- 5
12r30 • 12-20
12- 1
U-18

...

(quar.)

com.

25c

Extra

Fully

■

(quar.)

Peanut Co.

25c

r

pfd.

56%c

12-31;; 12-20

11-30
12%c Y, 11-30

Co.—

Imperial Chemical Industries, Ltd.—

U-19

37%c(

pfd.

common

shares

General

11-30

12-10

50cV

Electrical Equipment
Food
shares

.

'i
12-30

35c

12-10 Y. U-10

dividend !

-Stock
Idaho

12-20

:

Yv 12-31 jv 12-20

(quar.)

;;
<

12-30

30c
$1.50
12%c

—

preferred :(quar.)
(Tom)

12-28
12-28
12-20

—;

11- 4
U-10*

V

Co;,.

•

12-16

12-

1

—

—

:

10-25*

11-15

$1.50

shares

Chemical

-

11-15

12-27

,

(quar.)

$2.25
Huston

Refrigerator

.

U-15
12-22
11-15
11-2
12- 2
12- 2
1"2- 8

U-15
10-29
U-15 ',10-29
•
Y
'
Y .7-$1.25
12- 1
11-10
55c
12-10
U-19
37%c
12- 1
11-10
$1.06»/4 ; 12- 1 > .'11-10
t$l
12-19
11-18
25c
12-1
11-5
25c
12-1 * 11- 5

Huttig Sash & Door Co, 5% pfd. (quar.);Hydraulic Press Mfg, 6% pfd. (quar.)
Hytron Radio & Electronics Corp.—

$1.25
84%c 'i-

(quar.)

Aviation

,

U-10

25c

(quar.)

preferred

Building

11-18

U-10

1-1-50
,

Refining

&

10c'

Dredge ,& Dock Co.

•Automobile

11-18

11-" 1

11-25

$1.75

(quar.)_

•Group Securities, Inc.—

12- 9

;

12-1

11-15
11-25

$1*

Oil

Hussmanu

11-14

•

11- 9

(quar.),,25c

(quar.)__,

Co

5%

Northern

12-1
1-2-50
12-15
,11-29

>82l/2C
$1.50

Humphreys Mfg. Co, common...

yyry 6%* preferred (quar.),.
—
Hunt Foods, Inc., 5% preference
5% preference A (quar.)

1-5

1

(quar.)

common

37V2c

(quar.),,"

preferred

10-24

Subject to the approval of the SEC.,

12-

~

Great Atlantic & Pacific Tea
Common
*

11-21

Electric Bond &Share Co. (stock dividend)—
1/35 of a share of Middle South Utilities,
Inc. common stock for each share held.

12-16

$1.75
7%c

Y

11-22

1- 3

/_•

Grayson-Robinson Stores,

$1.25

25c

12-13

o

Corp.

4%%* preferred (quar.)l
Bay Mining & Smelting, Ltd
Hudson Motof'Car Co. (quar.)
Y ?
Special X—_1
;
j—1
»Y Humble

$2.50
$1.75

t

common

Ltd, 47o

Co.

W.)

Great Lakes

11-25

8

12-29

(

2-1-50

>

&

12- 1

75c

Co.,,—

Goods

(H.

Inc..

12-15

30c

12-

75c

Stores

11-18
U-19
11-19
11- 1

.

,

preferred
(quar.)
Lighting & Power Co.——

Hudson

}

K

$1.06V*

7%c

Manufacturing

$1.50

$1.02%

1

'

U-28
-11-30

12-1
12- 1
11-15

$1.12'/2

—

common— '

Yv:<"

1

$3

Goodyear Tire & Rubber,
$5 preferred (quar.)_J

Agricultural
(quar.),.,.,,

11-

25c

Company, Ltd,
Grand Union Co.v (quar.)
Granby Consolidated Mining,
Power Co, Ltd, common
Grant (W. T.) Co, common
h 3%% preferred (quar.)

1

•

-

11- 5

11-15

Corp

preferred

Grafton

1

12-

15c
common

Co.

Rubber

50c

$5

Co

Xly"& Walker Dry

1

Humor

Graflex,

11-10

11-

11-15

—

Gossard

■

11-10

12- 1

$1.50

.440% preferred (quar.
;4%% preferred (quar.
$4.25 2nd preferred (initial quar.)

Electric

10-31

■

iquar.i__.,^__^____

Eaton

Electric

11-15

$1.75

Eastern!Sugar Associates,

V

11-21

45c

______

25c

?56'/40

Brick

State Co,

Gorham

12-21

12-12

t30c

;

4

'12- 9 -11-18

30c

$4

11-7

1-3-50

50c
25c
v;

Good

11- 7
11-

12-20

11-15
11- 2
10-25
10-25

12-15
12-10
12- 1

;

Houston

i5c

Brewing

Extra
Golden

11-19

:

30c

,>

(quar.)

Company. 6%

Goodall-Sanford, Inc.,

11-15

11-14
12-

5%

;

Howard

^ '

Ltd.-. (s-a

C.)

3

$2

(quar.),,

prefened A

Shale

Co.,
(H.

1-

50c

Water—

.

12-20

11-15

7%

preferred (quar.
Eastern Massachusetts

r

11-15
1- "3

50c

East St. Louis «fc Interurhan

:

Goebel

2

Oil

Goodall

Class B

8%

11-

11-15

(quar.)_„-

Dwight Manufacturing Co. (irreg.
Eagle Picher Company (quar.)™,

'

Godman

12-1

35c

12-1

Corp. (quar.)
Co., 5% preferred (s-a)

A.)

3

"

:

t$l

Horn

11-16

(accum.)

1-

________

6%

Globe

11- 2

10c

common......

11-16

11-1

(quarj___

1-16-50

^__

(quar.)

4%
pref.
(quar.)
i_
Drewry's Ltd. (U. S. A.) (increased)
Dun & Bradstreet, Inc. (quar.)
.____!,___Yy

"

Glen-Gery

11-15

—25c

(quar.),

common

A

Corporation,

10-14

1 5

1

12-

1

'

1

12-

12-

$1

1,

common

(George A.) & Company,
preferred (quar.),'.^
& Hardart Co. (N. Y.)—

6%

>

Extra

(S.

-preferred "(quar.)__——ir

1

11-15

(s-a)

Wares, Ltd.,

Gerity-Michigan

11-23

15c '

U-15

(

(quar.)
Corp., $1 pfd.

1-16-50

1

™_.

1

(s-a),

81 %c 1-16-50

__

12-

50c

'
(year-end),

com.

preferred

$1

-™__™-_

U-15

"

2%%

.

(quar.)

12-1

Hormel

.

—

14-18

s

12-16*

-

'

"

General

40c 1-16-50

1

10c

.1- 3

11-23

$15c

.

1

11-

Public

12-

$1.50

11-

11-15
11-15
■ii/l..-

: /

'

-

12-15 Y'
11-15
.11-15
U-15,

——

11-14

11-

1-6

1-3-50

(quar.),

com,

.

1

5c
8c

Precision

1

'Z-y: 30c

(quar.)

Co.

'

$1;] 11-15

Increased

11-15

125c
$1.25

11-11-

$1.25

Corp.

General

'1-3

$$1.12%

—

11-15

11-

^

.

2-1-50

12-

Glass

Mining Co.™—25c
Powder Co, 5%
preferred (quar.),
$1.25

Hercules

—

11-15

(quar.),

11-18

1-3-50

common

dividend

$4 preferred A
-

(quar.)

common

12-15

2-1-50

12-9

12- 1

56y4c

,«r—;

Equipment Corp
Utilities Corp.—
quarterly
;
General Steel Castings Corp.—

125c

(quar.)

Co.,

11-11

r,;/

11-15

125c

(quar.),

_!

Dover

11-11

12- 9

.

"

■■■

U-10

12- 1

-

Co.—

,'Y 11-15

:Gerrard

(quar.)

Extra

12- 9"

,4 j 1
vii,,

—

1

Ltd.—

4%% convertible preferred
Donohue Brothers,
Ltd.,,,

11-11

11-25

■■/

r.

Y-; i
Y; ■. Y
75c
U-15 - 10-26
Y 251
U-25,
U-15*
$1.25 > 11- 1 / 10-20

'

37%c
1—
:
Y,. $l
Hewitt-Robfns, Inc.
(quar.)——
( 25c
Heywood-Wakefield Co,
common—— Y> Y? 50c
5% preferred B (quar.)——!——
32c
Hilton Hotels Corp, common (quar.)
—;■
25c
..v4%
conv.
pref.' (quar.),.
',*•/ 50c
Hines tEdward)
Lumber Co. (extra)
Y
$1
Y Hires (Charles E.) & company—
Y
Increased quarterly
; . - 25c
Holt (Henry) & Company, 5% pfd. (s-a)—
25c
Home Oil Co, Ltd.,—
J25c
Hooker Electrochemical Co, com. (quar.)—, Y " 30c
$4.25 preferred (quar.)
$1.06V*
$4.50 preferred A (quar.)
$1.12%
y, Hoover. Company, common (quar.)
Y> 25c

11-24

12- 9

Inc.—

Corp.,

preferred

Steel

•

25c

.

Utilities Co.—

Y Hershey Chocolate Corp.',
$4 conv. pref,
(quar.)

11-19

1

i $25c
I-,.j 125c
/ i25c

(quar.),

preferred

"

!

Y

i::

12- 1
1-20

$1.50
Y.

.

11-15
U-15
U-15

•

•

25c

;;f

—

1

$6

Heel a

U-19

1

12-

10c

Transportation—

A

General

:

Co.,

1

12-

25c
12'/2c

12-

125c

(quar.)

Paper

12-

25c

12-

$20c

$62%c4
$37%c

Dominion Tar & Chemical Co., Ltd.—
Common
(quar.)
$1 preferred

11-12

(quar.)

Co.,

7%

Phoenix

$1.50

(quar.)

Co.

preferred C

'

Donnacona

12- 1

Mills,

General

.

—

Bakeries^ Inc. (quar.)

Electric &

Hazel-Atlas

i

-

Fund, Inc.—

(quar.

preferred

10-31

Co.—

1st preferred (accum.)™—.
—
? Hawaiian Pineapple Co, Ltd—!
:
1 Hays Corporation; 5% preferred (quar.)—

1

Industries

11-15

12-1
11-25

t30c

(quar.)

(quar.)

6%

1

11-

'Y

I

11-15

Inc., 3%% pfd. (quar.)
General Outdoor Advertising
Co., common
6% preferred (quar.)

11-1

pfd.

Y

U-15

•

—

Hathaway
Havana

12-1

Fireproofing Co., 7% pfd. (quar.), /
Foods Corp., common
(quar.)
Co., common

General

11-26

20c

(resumed)

Finance

.General

12-10

11-

(quar.),

preferred

11-15

11*26

12-

(quar.),,,

Fireproofing Co.,

General

12-10

11-15

(quar.)

conv.

$4.25

Company,

A.)

.

Y-

12-20

(quar.)

-

preferred

1
11-15

1

&

preferred

4%

(M.

'

&

Cigar,

12- 1
*
25c Y: 12- 1
$1.06%
12- 1
Y Y '

I——

i

U-15

12- 1

~

3.90%

11-20

12-15

(quar.)

series
Simon

25c

'/ 50c

.'i

(quar.)_i

•

12- 1

preferred (initial quar.),.,,;
(Y 483/4c
12- 1
U-15
Empire Co.—______—_—
35c
11-15
11—1
Hat
Corp.: of America (stock dividend)— 'Y,;YY-;YY^^Y':Yfv^.;Y:^^;
Y
One share for each five held
20%
11-29
11-10

-

12- 1

$1.12%

(quar.),

pfd.

,

Hartford

:

$2.50
B

Works
Co.

Custodian

5%

Ltd.—

(accum.)

Stores,

4%%

12-15

$1.12%
$1.06%

Hartford Electric Light—

•

•

11-19

$1

Canada, Ltd., class A_„_

American

^General

rv

*.-,.

,

t25c

Common

11-30
12- 5
12-10

•

12- 1
,

$1.22'/2

,

General

•<

<

_______

12- 5

•

$1

Company, 6% pfd. (quar.),,
'Gamewell Company (quar;),,:
rGar Wood Industries. 4%% pfd. (quar.)

$4.25

U-15

50c

*

(Robert)

General

U-15*

11-15

1

30c

(quar.)

Company of Canada, Ltd.—
preferred (quar.)___

Gair

Investments, Ltd.—

preference

Dominion

Galr

;

-

1
1

12-

50c,

preferred (quar.),,
Steel Company

11-14
11-10
10-31

12-

15c

Dominion Electrohome Industries, Ltd.—
Initial

Dominion-Scottish

4%

11-10
2-'6

12-

12-

.

,

California—, v;.Y.Y_v.,--'Y v'..u"
/
50c

Common (reduced)
6%
preferred (quar.)

,

12-10
1- 3
1- 3

11-10
U-25
11-25
11-18
12-14
12-14

-

B

Extra

12-5

25c

(quar.)

t—

Harbison-Walker Refractories
Y

11-15*

.12-

$1.50

Gabriel

12- 1
3-1-50
1- 3
12-20
1-3-50
12- 1

-

Investment Corp.,
(quar.),,,,,

Dominion

;

common

;iFruehauf Trailer Co.,

General

50c
75c

5

1

12-

«

12-20
12-20

12- i
.12-15

50c

Extra

.

/Class
Hanna

2

j,

;

preferred

11-10

15c

Anglo

7%

7%

$50c
37Vic
62'/2c
15c

1212-

j

^French (Fred F.) Investing

11-1Q

_"

^

(reduced)

Corp.

(v

1

preferred

11-i

Company

Mfg.

.

(quar.)
Frefeport Sulphur Co. (increased quar.)

9-30
10-24
10-24

10c

Pepper

4»/2%

12- I
12- 1

Extra

Dr.

11-30
11-15
11-15
12- 1
11-15

12-15

1-3-50

..

11- 1
U-15
11*15
11-15
11- 4

12- 1
U-15

iquar.),,

A

;

122%c
25c
$1

—

Co,. common

12- 8
3-10
6-12

,

1?-. 1
12_ 1
12- 1

.

10c
37%c

(quar.).
(quar.)—________

of

Co.

.

'

of

Co.

1

5

Oil

Class

.

.

$1

25c
$1.25

■

Hancock

1

125c
85c
50c
25c

Y.

—

——

11-26

Ltd.

(quar.)_—

(quar.),

Paper

preferred
preferred

4 '/4 %

...

11-29

50c

/

series

$1.25

partic.

6%

•S

U-15

$1.12'/2

25c

class

Kleiser

Income
Bond

11- 3

50c

Inc.

12-

pfd. (quar.),

(s-a)

Brothers

37%c

(quar.)

common

,

Houses,

;V,Y

4V?c/o

Light,

Bridge

&

.Franklin

12-15

50c

Disher Steel

Dobbs

10-17

;

Pitt

Franklin

11-25

11-21
1-3-50

$2c
25c
25c
60c

,

L_—

ciass A common

Stock

12- 1

35c

' $1

■

Voting common

'Denver

12- 1

25c

—-

;

(resumed)

Ltd.

11-15

Extra

;

Fownes

12- 5
11-10
11-10

V:-

(s-a)_—

Co.,

?

(quar.)

& Wallace,

Motor

Fort

11-1

Oil Corp.,,

Railroad

&

preferred

Foster

11- 1

12-1

tic '

Company, common (year-end)
preferred (quar.)
Deerfield Glassine Co. (initial)__
Derby Gas & Electric

10-21

(quar.)J,,.

preferred

Class B

11-14

12- 1

$17%c

(quar.)

&

Delaware

-

$37 %c

,v„_.

Ltd., class A

Co.,

7%

Y

40c

,

,

Rock

Deere

(quar.)—

Ltd..,:

Petroleums,

Davis Leather

'Deep

{

pfd.

Sons, Inc., 7%
Metallic
Door

11-

11-15

Extra

(quar.).,.—

A

Curtis

$4

;

Inc.—

preferred

11-15

i

Power

Forbes

dividend)—

50c

Corp. (year-end)
$2 preferred (s-a)

Mineral Co.,

12-19

1-3-50
11-15

(s-a)

12-

(qua^.)_______,

preferred

1-3-50

25c
'

.

—T

9

(s-a)—$1.25
(increased s-a)
30c

Power Corp., common

Florida

11-15

•'

9

Philadelphia

preferred

4% Ve

v

12-

.; Year-end

preferred

11-29

?

:

12-

Ltd.,
'*>
6%
1st preferred (quar.)
'Fllntkote Co., common
(quar.)
$4

4%

Hammermlll

12-10

12-15

Fitz Simmons & Connell Dredge & Dock Co.—

Florida

Watch

15c

Corp.,

;

11-10
U-10

11-10
."U-10
11*10

8c
11-26
$1.25
12-28
$1.25 3-30-50
$1.25 6-30-50

~

—

Co.i Ltd
Company, common

Cotton

25c

40c

(quar.)
California
(extra)
(Newark)

Well

Oil

Extra

11-10

3

Co
Cementing

Lamp

M.)

Hamilton

11-10

1-

$0.185625

(quar.)

of

(C.

Hamilton

Quarterly.—
'.Fitzsimmons Stores,

$1.25
10c
2%
87%c

(irreg.)

Co.

Sugar Co.—

preferred (quar.)

5%

U-15

4

•
-

U-15

1

Carpet Co., common
preferred (quar.),

5%

12-13
11-14
11-14
11- 8
12-17

11-30

1

Works

Springfield

4.90%

$1.75

12-

12-

U-15

11-10
11*10
U-10

r

H-26

/r

—

11-10

11-26

—;»

Halliburton

irishman (M. H.) Company (quar.),,—25c
Extra
12y2c;

Corp.—

<quar.)..___

Hall

11-17

(quar.)

Corp.

of

York

Firth

12-24
11-9*
11-22*
10-15

12- 2
12-30

$$2
$2

11-10

5

—

Screw
Co.

First

11-18

$1.50
25c
50c
150c

"Crow's

preferred

Firemens Insurance

f

(quar.)-.".
(quar.)—

1

1

12-

'

.

(quar.),*

Lime & Alabastine of Canada.

12-

7c
8c

.--Y '8c'.,
5c

.-r-

—,—,—

Quarterly

12-

11-28

^

Y; Hackensack Water Co. (s-a)
Hajoca Corporation
—
:Y Hale Brothers Stores. Inc. (quar.)__+

$1

11-28

4c

—

Utilities shares _4
Gujf, Mobile & Ohio RR, $5 pfd.
$5 preferred (quar.)—,—
Y y; $5
preferred (quar.)_„_—

5

25c

/■■■.

-r-

.

50c

(increased)—

Airplane

11-10
11-10

—

.

35c

Co

Ccrp.—
(initial quar.)

Association

First

12-

10c

common

Filtrol

11- 4
12- 1

12- 9

12-15

Co

Extra

11-15 '! 11- 1

3c
.

&

Brewing

Federal

(

12-15
12-15

12y2c

U-10

U-26
11-26
U-26

.

-

shares,—*

"•j-:."'.:; Tobacco shares

11-15

1

11-26

—■

equipment shares
stock shares

Railroad

11-30

12-

shares

bond

Gypsum
12-10

11-10
U-10

-

11-26
U-26
11-26

Steel shares

11*15

11-26
11-26

'

8c
2c
7c

-

z

Railroad
.

; ,:

85c

Firestone Tire & Rubber,

75c;
v

&

Federal-Mogul

Fire

1 Extra

'

2

$1.25

4c
10c

11-26

—

Railroad

.

12-

• ;

,

—.——10c

shares

50c

Morse

Sugar

4Va'lo

..

2% %
93%c

;

12-1

Extra

ordinary

preferred

Corp

preferred

$2

120c

Co.

'Crown Cork & Seal

New

11-17
10-29
11-11
11-11
10-31

—-

(resumed)
Crompton & Knowles Loom Works—1
Brewing

11-30
11-15
12- 1
12- 1
11-15

——

Crane
Croft

11-15

25c
8'/2C
137'/2c
$$1.25

12-12

75c

tax—

Engine

Falstaff

12-15
11-15
11-10
11- 7

20c

11-10

1-3-50

———,

Extra

11-10

1-3-50
12-1

(quar.)_;_.—
(increased quar.)__,

(quar.)

Inc.

12-1

$113
$15c

.

12-31

1-10-50

10c

<

—

—50c

Fairbanks

J}"28*

31 %c
—

1-31-50

7%c

Co., $5 pfd. A (quar.)
Ero Manufacturing
Co. (quar.)_„
Faber, Coe & Gregg (quar.)

,

Ltd.,

Copper Range

state

vania

93%c

(quar.)__„
Co., 4 % %
preferred
class A (quar.)

Gin

Co.,

/

50c

(quar.)
& Steel Industries—

10-31

.

,

4c

Petroleum
r
:

12-31

$1

price shares.™,
——
company
shares___._~—j

Holder»

■

Payable of Rec.

,

Extra

Extra

10-31

11-15

/

•

Mining

10-31

1-25-50

(Continued).

Merchandising shares

10-31

11-15

50c

Erie Railroad

$1
25c

,—————

Copper

Continental

;

q

12- 9
11- 4

—

Continental

5%

11" 4

1-3-50
11-21

11-15
11-15

•

/

V

guaranteed—
Payment after deduction of 2J/2c Pennsyl-

$1-13
75c

Continental Can Co., common (quar.)____—
Extra

$3 conv. preferred (quar.)
'rErle & Pittsburgh RR. Co., 7%

11- 3

—\l~

$4.50

$4.52

'

?

;

*50c

Corp. (quar.),
Derrick & Equipment Co.—
preferred (quar.)___,
—
Enamel & Heating Products, Ltd.
Equity Corporation common (irreg.)
20c preferred
(s-a)
.4%

li-io

10-31

25c

'

1—

Emsco

*

U-15

11-15

Low

:

When

Share

,,

Investing

11-18

1

20c
37%c

______—

(quar.),,

1

12-

$1
$1.25
25c

,

'

(quar.)

prior preferred

ji 12-

Company

Group Securities, Inc.

11-15
11-15
12-15

11-29
11-29
1-3-50

..

Employers Reinsurance

1®-J»

tl5c
*50c

————

'V

■■■!'

B

preferred

$1.50

J,
11-10

Y.)

<N.

Co.

Consolidated Textile

80c

lWj>

(quar.),—\

Co.

Edison

Class

11-15

11-15

—

Per'
Name of

Payable of Rec.

25c
25c
50c

Empire District Electric, 5% pfd. (quar.),,
Employees Credit Corp., class A__

II-l

12-1

B

preferred (quar.),____
Empire & Bay State Telephone—
4% guaranteed (quar.)

11- 1

75c

7%

Power

Consolidated

Class

(quar.)

Co., class A
(quar,)_____,;—

Drug

Monday, November 14, 1949

H older $

When

Share

of .Company

8Vo

10-20

$1.25

preferred (accum.)
Conestoga Transportation (s-a)-——Connecticut

Emerson

11-18
11-18

11-15

CHRONICLE

Per
Name

Co.—

(quar.f__Y._

Concord Gas Co.,

FINANCIAL

&

Holder$

Payable of Mee.
12- 1
U-15

8hare

Company

Milling & Elevator Co, (quar.)__
Broadcasting, class A_

Colorado

COMMERCIAL

THE

(1956)

11-26

lOc
16c
9c

,

u-10

11-26

u-10

rJoplin Water Works,
W

K

U-10

11-26

5%

.*

•-

Battery

Common

6%. pfd.

(quar.)

Co,- common -(quar.)i.—_—-

Exura

$1.25

1-3-50

$1.50

11-15

11--1

-5c_~:U-15

U* 7

50c

(quar.)

12- 2

11-15

.^11-7

5c 2-15*50

"2-7

THfi COMMERCIAL & FINANCIAL CHRONICLE

Volume' 170"- Number-4855
When

Per
Name of Company

-

Kansas

'

.

Power .& Light-Co»-**
,3.80
preferred, (quar.j
.4% preferred (quar,).:—
Kawneer Cbrapany <quar.->__v_——

Holder•

■Extra —i

—:

;

—

Kent's - Restaurant & Bakery-—

12- 1
12- l
12-22

$1
25c
30c

-

11-15

12-22

95c

.
—-

12-9

l'/o

133Ac
75c

11-15
12- 5

$1

12- 5

25c
118c
Keyes Fibre* 6% prior preferred (quar,)
$1.50
$6 preferred (accum.)—--—$3.50
Keystone Custodian Funds-

12-15
12-29
1-3-50
12- 1

——43c

11-15
12- 1
12-15

preferred., (quar.)
Kern County Land Co. (quar.)
•"Extra.

-i— '•

:

:

—

-

Kayser (Julius) & Co. (quar.)—
Kerr Addison Gold Mines, Ltd.

—

S-2

Series

1-2-50
4-1-50

12c
37 Vic
5uc

11-20.
11-30
12-12

Kresgc (S. S.) Company

(quar.;

-

12-12

50c
$1.12 »/2

12- 1
12-28
12- 1
12- 1

,

.

Extra
Kress

(S. H.) & Company (quar.)
Kroehler Mfg. Co., 4ft %
pfd, A (quar.)—

$1.10

J..

6

V preferred (quar.)——_______—
Kysor Heater Co.,—:
La France Industries, common

—-—

convertible-preferred-(quar.) _________
Lake of the Woods Milling Co., Ltd.—
,

$1.25

(quar.)—__

25c

(reduced)

15c
30c

12-15

convertible 2nd preferred
Session

Lamson

Company,

preferred

$2.50

(quar.)

__

common

12-23
11- 5

11-15

25c

'

■

•

ExtraT

.

Lane^Bryarit,Inc.

50c

;

25c
Lane-Wclis,AC6mpany (year-end)80c
Langley^s; Ltd., 7%,< preferred-<accum.) ____
$$1
Lansing Company (quar;) i——-/—_______
.30c
Lansing Stamping Co. (quar.)
5c
Lanston Monotype Machine-Co. Iquar.)_____
50c Laura Secord, see Seeord (LauTa) Candy Shops
- '■
Lea Fabrics Inc. (New Jersey >—_i———_ - 37 Vic ;
Lees (James)• <!:'Sons Co.-(quar.).—
35c
Lehigh Coal & Navigation (resumed) —-50c
Lehigh Portland Cement -co. (quar.;———
50c
Leitch Gold: Mines, Ltd. (quar.)..
$2c
Leslie Salt Co. (quar.)_
....
40c
Llbby, McNeill & IJbby (s-a).——
25c
Life Savers Corp. (year-end)—....——_
$1
Liggett.&, Myers Tobacco (quar.)
$1
(quar.)

.v.--.——.—

Extra

...

UU5
11-23

12- l
12-15
12-1
11-15
12- 2
11-30

11.-15
11-,1

,

60c

11-30

11-10

37Vic
25c
87ftc

;

.

Co.

(quar.)
Liquid Cafbonic Corp., common
3ft% preferred (quar,)——_

12-15
12-1
12- 1

11-30*
11-15
11-15

(quar.)—
——-

65c
$1
15c

11- 3
11-10

Ohio

12-15

11-15
11-15
11-15
11-15
1-3
12-16

25c
$1.25

12-1
12- 1

Co.

34?4c
50c
$1

.

11-15
11-15

Extra,

———

Extra

lc

V
$1.10
12-10
$1.10 3-10-50
60c
12-10
60o 3-10-50

Original, capital
—...—
;
CMginal capital .....
—_____
Special guaranteed (quar.)
—
Special guaranteed (quar.)
*
Loblaw Groceterias, Inc. - (quar.)___—20c
Loblaw Groceterias Co., Ltd., class A (quar.)
$25c

11-24
2-21
11-24
2-21

12- 1
12- 1

11- 2

$12ftc

12-1

11-2

$25e

12-1

11-2

Nashville

tl2y2c

12-1

11-2

National

$4

11-30

11-19

12-31

12-21

$1
87Vic

1-3-50
12-16

12-23
11-21

$1

12-16

11-21

$2
$1.25

12- 1
12- 1

11-10
11- 2

—62Vic

12-20
3-20
11- 1
11.- 1
11- 5

Extra

Class

B

(quar.)

Extra

Lock

—

—

.....

.

Joint

Pipe

Common

—_
...

Co.,

common——...
—

_______

; 8% preferred (quar.)—.
_____—....
Lone. Star Cement'Corp. (quar.)—_________

Year-end

•

...

Long-Bell Lumber
Class< A

(Md.)—

(accum.)

Long Bell Lumber

11-11

(irreg.)

Lorain Coal & Dock

5%

preferred
preferred

......

02ftc
88c
50c

Lucky Stores, Inc. (quar.)__!__L_______——

12Vic

1-1-50
4-1-50
12-12
11-15
11-15

$1.75

11-15

10-21

10c
40c
20c
14c
12Vic
lOVic
i 15c

11-18
1-3-50
11-15
11-15
11-15
11-15
11-21

11-7
12-15

12-15
10c 4-14-50

11-12
4- 3

12-15
11-25
11-30

,11-30
Ilrl5
11- 5

12-15
1-3-50

11-19
11-19

11-15
12- 5

11-10

5%

(quar.)
(quar.)....

Louisville & Nashville RR.
Lowenstein

(M.)

& Sons

(quar.)

Lukens, Steel

—

(quar.).

Lumbermen's Insurance Co.

(Phila.)

(s-a)—

Co.

(quar.)
Lykens Valley RR. & Coal

(s-a) —....
Lynch Corporation
Lyons Finance Service, 50c class A (quar.).
50c conv. preferred (quar.)___—.
—

—

42c

preferred

(quar.)..—....—________
(reduced quar.)..
Macassa
Mines, Ltd. (resumed)...—.
MacKinnie Oil & Drilling, common
MacKinnon Structural Steel Co., Ltd.—
M. & M. Woodworking Co.

12-15

...^

——.

Macmillan

Company,
Macwhyte Company

(R.

Mai tine

(quar.)_„„__—__

Corp. (new York)
C.) Co. (reduced)

Car

Magor
Mahoa

& Electric

Gas

Madison

(quar.)_____

common

Company, common
Shirt Co. (quar.)—.——

Manhattan

Corporation, common

Marathon

5% preferred (quar.)
Alarconi International Marine

(quar.)
........

Communica-

tions Co., Ltd., ordinary (interim)
Marine'Magnesium Products Corp. (irreg ).
Masonite; corporation (quar.)
Massachusetts Bonding & Insurance Co.—

Quarterly
Massey-Harris

—i..—

Co.,

Ltd.

(increased)

Extra

—...

Ltd.
^
...
May Department Stores Co., com. (quar.)..
$3.75 preferred
(quar.f
$3.75 preferred (1947 series) (quar.)
$3.40 preferred (quar.)—
______
rMcClatchy Newspapers, 7% pfd. (quar.)....
McColl-Frontenac Oil Co., Ltd. (s-a)
McCord Corporation, common (quar.).,;
$2.50 preferred (quar.)
...
Maxwell;

'

McGraw

(F.

W.)

Class

A

$1.50

preferred

& Company,

non-cum.

preferred

150c

125c

^

common

25c
25c
40c
25c
30c
25c
25c
35c
$1.25
•

11-15
12-8

12-20
12-10

12-2
11-30

11-15
12- 1
11-30
1-3-50

12-15

11- 2
11-18
11-10
12-20

50c

12-1

11-17

:

11-28
12-20
11-30

50c

10-31
12-10
11-14
^

stock

Selected
-

shares

Retail trade shares..

Naumkeag
Natojmas
Nazareth

New

Britain

New

Calumet

12-12
12-15

New Jersey

12-15
11-7
11-1

New

11- 1

25c

12- 5

11-17

12-15

12- 1

Common

$1 1-15-50

1- 3

12-1
12- 1
12- 1

11-4
11- 4
11-4

preferred (quar.)

Mead Corporation, common

preferred (quar.)
—
2nd preferred (quar.)—

4V*7c

4Ye




—...—

25c

$1.0614
50c

^

Co.,

I

...

preferred

'

Corp...——...——_—

Neilson

iWilliam).

Ltd..

5%

pref

(quar.)..

Neiman-Marcus Co., 4V4%
Neisner

Brothers,

Extra

.....

Inc.

pfd. (quar.).^
(quar.).

.

Gas Light (quar.)'—.——.
Mines, Ltd. (interim)
Zinc Co. (reduced)——
Newport News Shipbuilding & Dry Dock

N.

—

York Air Brake Co..

Y.

New York State Electric & Gas,

New

preferred

York

Water Service

Newfoundland
Newmarket

Year-end

tquar.)

(quar.)

Corp.

Light & Power

Mfg. Co.

(quar.)__.—
(quar.)..:

——

.....

10-a$*

/r

/
12-14
U- I

—......

,

7%
preferred (quar.)$1.75
Peter Paul, Inc. (quarJ--/——.....
i—
40c
Extra—-——
a*.-——-—-40c

Pettibone*Mulliken

40c

Corp.i_._..^_.__._._

Pfaudler (The)

Company (quar.)__—25c
Pfeiffer Brewing Co, (quar.)^...__.^ii_^...
50c
Phelps Dodge Cofrp.'—.
$1

2- 3
10-14

*11-11
12- B
12- 8

1-1-50
1-3-50

12* 3
12- 2

12-15
1-3-50
1-3-50
1-3-50
12-1
11-15

U-25
12-15

Extra

..—i

12- 9

ll-2£

11-23^
-11-11?

12-1

(quar.) ....
preferred (quar.)

7%

12- l

12-. 1

U-10*

91'Ac
75c
50c

12- 1
12- 1
12-1

11- *4

$11-16-50

—

....^

^

Company, class B common
class A

Power Corp,

10-31

Pressed

Metals

10-31

Preston

Oil

11-15
U-25
12-15

11- 1

Proprietary Mines,

U-15
11-21

Public Service Co. of Colorado—

12-15

U-25

12- 1

11-15
11-15

8tate

Power Co.

Inc.

11-10
11-10

Reading Co.

85c

U-15
1-3-50

10-20
12* 9

Red

50c

12- 1

11-21

$25c

12- 1

11-10
11- 4

U-15

11- 4

Oil

43A%

10-31.
11-4

1

11-17
11- 1

$1.183A

11-15
1-3-50

$40©

12* I

11*91

50c

11-15

10-2$

._*■
—...

...

U-25
10-14
11- T
11* 3
12- 9
11-15
11- I
11-30

10-18
10-28

—-

Stores,

1st

preferred

commcn

preferred A

(quar.)
^

Insurance

.

(quar.)....;

Regent Knitting Mills, Ltd.—
*1.60 non-cum, preferred (quar.).
Reliance

11-15
11-15

12- 8

(quar.)

Corp

(quar.)...—...

(quar.)—.....—

non-cum.

Owl

*

15c

.

Refining

11-3$,

...

12-1
,11-15
12-1. 11-19
12- 1
U-10
12-1
U-l5

$1.25
60c
$1.50
40c
+25c
50c

35c
20c
25c
25c

(quar.)

Quaker

U-15
12-29

12*20
11-15
12* 1
12- 1
1-3-50
12-1
11-30
12-15
U-25
U-15

,

*

Extra

11-21
11-21

U-15

83c
25c

10-34
10*354*

50c

(quar.).

(quar.)

Purity Bakeries Corp. (quar.)
Quaker Oats Co., 6% preferred

75c
75c

95C

87Vac

$1.40 preferred (quar.)

preferred

U-10
U-10

1

"

Pugec Sound Power & Light. Co.
common

,

/

$1.06V!i
$1.10
40q

Public Service Electric & Gas—

Oil Company,

12-

11-15

11-15

-

-

4%

,11-1$

75c
$18c

...

preferred, (quar.).
——
4.40% preferred (quar.)———
Fublic Service Co. of Indiana, com. (quar.).
3l/a% preferred (quar.)^
Public Service Co. of New Hampshire-—
?
3;35% - preferred
(quar.)
....—_
Public Service Co. pf New Mexico (quar.)

Rayonier,

11-15

12-1
12-31
12*. 1

15c

4%%

5%

U-18

12-1

10c

—

•

„.

11- 4*

12- 1

25c

America..—

of

Company

Procter & Gamble Co. (quar.)...
Ltd.—

■'

11-21
11- 4*

12-19

37V4C
$50c ;

Prentice-Hall, Inc.

10-31

10-20

U-lf

25c

(quar.)—.

(quar.).i.,
Ltd. (interim)——

11-15

11- 9
11-18

.12-1
12-19,

12-8
11-23

2%

...

preference

of Canada,

11-15

Pure

>

12-10
12-40
U-15

1-3-50
1-3*50

$1.75
50c

.......

11-15
11-15

U- 4
11- I

•

,

$1.75
$1.75
$1
$3

Extra

U-30

11-10*
.11-19
1- 3

50c

Stock dividend

,

U-15
U-15.

25c

20c

Pittsburgh Plate Glass (year-end)—.—,
Pittsburgh Terminal Realization (liquidating)
Pittsburgh Youngstown & Ashtabula Ry.-*
;
7%
preferred (quar.)
Plymouth Oil CO. (quar.)...-..—...-,....

$1.50

12-9

,

Common

,10-31
10-31

.

11-10
11-15

25c

*
—.

.....

Philadelphia Suburban Water Co., common..
$3.65 preferred (quar.)
Phillips Petroleum Co. (quar.)
Pillsbury Mills, common (quar.).—......
$4 preferred (quar4)_..^^._.
Pittsburgh Fort Wayne & Chicago Ry.—

Poor

2-24

11-U

1-3-5Q
12-31
12-31

$1
30c

$1

*.

11-25
11-14
U-10
11- I
11-30

U-t*

'

12-15
12-15
11-16
11- 4
11- 4

12-15
U-25
12-1
U-15
12-15
12-15
U-15
11-15
11-10
11-19
12- 9
32- 1

,

12-1
12-10
12-10
11-21
12-1

U-1T

.....—_

;

U-2#
11-B
1
U-21

12-10

'

10-31

;
11- 1
11-1
U-15
12-20
12- 5

Philadelphia Dairy Products Co.

11-18

U-15

H-IB

25c

12-1
12-15
.12-15
12-1

U-15

,

2- %

ill-8

.

11-11

20c

(quar.)

10-2%

11-15

—

933/4C

com.

—-

U-15

5c

U-30

.

Quebec

—-

—

11-^,

,

U-18

Shipbuilding

Corp.—
Founders stock
(voting)—
Participating
stock
(non-voting)

12-15
12-15

—•___'

12-1

U-15

25c
60c
40c
$5c
59c
50c
50c

U- 1

$35c

62V4c
1-1-BO
26o
11-15
i,
$1 cum; preferred (quar.)
25c 3-15-50
$1.32 cum. preferred (quar.)—33c
11-18
11.32 leum. preferred (quar.)
33c 2-15-50
;Penman's, Ltd,, common (quar.) —a...—
$75c
11-15
Penn State Water, $7 preferred (quar.)—
,$1.75
12- 1
Pennsylvania Electric Co. —
3.70% preferred C (quar.)
92V4C
12- 1
4.40% preferred B (quar.)..
....
$1.10 ,12- 1
Pennsylvania Telephone, $2.25 pfd. (quar.)..
57c
12- 1
Peoples Gas Light & Coke Co
$1.50 1-13-50
Peoples Telephone Corp,, common (quar.)..
$2
12-15
41/2% preferred
$1
12- 1
^.Pepperell Mfg. Co. (quar.)—_—75c
11-15
Perkins Machine & Gear Co.—
~
f

10-31

$3.50
-15c
t$1.25
$1.06'A
-20c

;ll-23'

—....

preference ....
Philadelphia Suburban Transportation—
Quarterly
......——^—

U-15

20c

;

......

Neptune Meter Co., common (quar.).......
$2.40 preferred (quar.).-*-.—.-—

.

Grinding Wheelr
peninsular Telephone
Common (quar.)
?♦* $! cum,'preferred (quar.)..

U-18

25c 3-15-50

...

(Herman)

Resumed

12-10
12-10

6c

(s-a)

Nelson

3.75%
$4.

Cement

11-15*
12-15*

50c
62ViC

11-15

$3c

(quar.):

Company

$10c

■

'
$4 lioh-cum. 2nd preferred (quar.) ...—_
Philadelphia Electric Co., common (quar.).

9c

50c
......
50c
common...'J——$1

11-10

$20c

'

11-10*
11-10*
11-10*

...'"/25c

(quar.),
Co....

U-3tt

$lc

i_

5c

........—._—...

Cotton

Steam

Interim

-

4c

—

——__

12-»1

11-25"
12-15;

.

11-15

4c

series

group

National Vulcanized Fibre Co.

11-15

60c

common

—

equipment shares

7%

.

11-15" "10-20
.

75c

(quar.)

com.

12-10
12-10
12-1
12-1

;

10c

,..i—

Railroad

Line,

10-3il
10-31
10-31

.,

,

12- 5
10*28
12-15

12-31

......

series..

,

11-10
12- 6
12-6
U- 7*

11-30
12-20
11-15

—

series

12-22
1-3-50

$25c

j

McKenzie Red Lake Gold Mines, Ltd.—
—

12* 1

8c

Preferred

Stock

Pipe

10-|l
.10-31

12-15

25c

Peninsular

U-14
10-31
11-10;

12*1

40c 1-13-50.
40c 1-13-50

(quar.)

1

11-18
1115
11-15
11-15

1-3-50

Robbins,

12-1
11-15

.

series

11-26

$$1.00J/2

McKesson &

62'4c
30c
140c

12- 1
U-22

Funds—

Trust

Balanced

12- l
12- 1
12- 1
12- 1
12- 1
12- 1
12-15
11-30
12-30

$50Vic

Resumed

National

12-15

(quar.)—

—

U-18

—...—

—...

Eastern

U-1%

.

11-15
.11-15
11-15
11-15
11-15

,50c

-i' Extra-

.

11-23
11- 9
i1" 9
11- 8

—

*$1

$12 Vic
75c
93%c
93%c
85c
433/4C

Ltd.

Extra

50c
51
50c

—

......

1st preferred

11- 4

1O~^0,
U-|$

'12-' 1 1

40c
37V4C
34%c
'31 (40

■:

—.

12-16

12-12

$1.75
50c
$1.50
$7 preferred (auar.)
$1.75
National Container Corp.
(Del)
(quar,)..
10c
National Cylinder Gas Co., common (quar.)
; i20c
4(4% preferred (quar.)..i..........——
$1.07
i%'/r preferred (quar.).............—...$1:18%
National Dairy Products (quar.)_—50c
Extra
30c
National Drug & Chemical Co. of Canada,
- ■
'
Ltd., common ——.—
...—
$12V2C
Convertible preferred (quar.).
$15c
National Erie Corp., 5% 1st pfd. (s-a)
$2.50
3% non-cum. 2nd preferred (s-a)...,-—
$1.50
National Gypsum, $4.50 pfd. (quar.)
$1.12 J/2
National Hosiery Mills, Ltd.—
Class A (quar.)
$150
Class B' (increased)
—......—
' $40c
National Lead Company, 7% pfd. A (quar.)
$1.75
National Linen Service Corp., com. (quar.).
15c
4Vzic
preferred (quar.)...—....
$1.12V^
5%
preferred (quar.)...—$1.25
National Tea Co., common (quar.)
;
50c
4V4',r
preferred (quar.)
53VaC
3,8% preferred (quar.).....—
47V2c

11-2
11-26

1-3-50
11-18
12- 1

Mines,

Co., common

I'/o preferred (quar.)
National Cash Register—
National Casket Cq., common

11-15
12-15

75c

—...

Biscuit

Year-end

12-2$

I2c

.

40c
137 Vic

45c

Porcupine

Extra,

45c
75c

$1.25
.

U-10
11-1$

12- 1
U-25
U-15
12- 1

90c

,

10-1%

.......

$1.50

—,

10-31

12-kI^

,•

.

....—

10-3d|

1-3-50
12-10

$1.12(4'
37V4c

Manufacturing Co., Ltd., common—/
?,
7% preferred (quar.)
...
Paymaster Consolidated Mines, Ltd.-—

11-15
12- 9
12-23

30c

—

(quar.)

11-15
U-15

Paton

?

;

20c
20c

...

,

U-30
11-30

40c
50c

12-15
12-15
12- 1
12-19
1-3-50

37Vac

Louis Ry

Company

preferred

Railroad

(interim).

Mclntyre

Acme

St.

&

12-10,
11- %
10-14

11-14

.

11-15

20c

National Aluminate Corp. (quar.)
......
National Automotive Fibres, Inc. (quar.).—

(

a2Vi%
7c

10c

(s-a)

,

12-28

McGraw-Hill Publishing Co., Inc.

(s-a)

Chattanooga

12-10"

$1.50
$$3
$50c
"t$1.75

Paper,

Panhandle

...

11-15

62V/sC

p

U-14

12-30
12-30
12- 1
11-15
11-15

2UC

...

(quar.)™_^~_:

"' >■ 25c' •' 12-15 '■
4% preferred? (quar.)
—:.V-$1
1-3-50
12-10
Parkersburg Rig & Reel, common—i. v
12V4<?
12-? 1
ll-JM
i
$4.25.preferred
(quar.)—
—...
—.
$1.06(4
12-1
11-i|
Parkview Drugs,..lric. (Kansas City)—
1
;' 35c partic. preferred (quar,)—...
8%c
11-15
11- 1
Parmelee Transportation Co. (quar.),.
20o
12-27
12-^4
Pato Consolidated Gold Dredging, Ltd.-/>•
'

11-21

-

preferred (quar.)..
1$1.25~
Macklutosn-Hemphill Co. (quar.)20c
Maclaren Power & Paper Co—
150c
Extra

11-5
11-10
11-10
11-10
11-10

13c

5c/o

Extra

5%

National

n

.....—————

(Mo.)

^

12- 6

10c

(quar.)

...

'

National Alfalfa Dehydrating & Milling Co.—

$5

Little Miami RR. Co.—

50c

(quar.)

Pacific Mittsi (reduced).
Palestine Economic Corp;

'

'

11-10

12-12

35c

com (s-a)

U-30

30c

participating preferred (s-a)—
.Murphy (G. C.) Company (auar,.—
Murray Corp. of America, common (quar.)—
4%
preferred (quar.) —
.Muskegon Motor Specialties Co,—
,
$2 class A convertible preference (quar.).
Mutual Chemical Co; of America—
6%
preferred (quar.).,
Mutual Telephone Co. (Hawaii)—
4.8% preferred A (quar.)
Narragansett
Racing
Association—.

12- 7-

12- 0
11- |
10-28
10-34
10-34
11-11

(quar.
...
i .-5% redeemable ist pfd. (quar.
31(4c
;
5% redeemable. 1st preferred A (quar.)—
3lV4c
Pacific (Lighting Corp. (quar).—75c

11-10

5%

12-22

12-15
12- 1
U- 1
11-15
11-15
11-30
12- 6

50c

Co.

—,

Corporation

5%

11-16
11-14
11-14

;

35c

(George) Brewing Co.,

Muehlebach

t

11- 4

11-30

—

31c

75c
$1
20c
50c
59^0

(year-end)__

-Quarterly.
Pacific Gas As. Eiectfic, 6% 1st pfd. (quar;).
5V4%. 1st? preferred (quar.)

*

.

li-15

11-15

i

12- 1

preferred (quar.)

Co.

$5 preferred (quar.)—
;Pacific Finance Corp. of California (Del.)—

.

——

—

$1.12V4

11-14
11- 4
11- 4,
11- 4

Oswego Falls Corp., 4(4% preferred (quar.)
Otter Tail Power Co. (Minn.), com. (quar.)
$3.60 preferred (quar.)

?■ r'

12- 1
11-30
U-30
.11-30

—

Mountain Fuel Supply Co
*
—
Mountain Producers Corp. (s-a)—-——
-

12-15

lc

Development

4(4%

Tube

Industries

Oxford

----

11-1
12- 1

50c

.>

....——

Products Corp.
(quar.)
Mount Diablo Oil, Mining &
! Co., (quar.); —

12-10

—

^

Motor

Extra

.

$$1;19
20c
25c
50c

—

(quar.)—

12-1
12-10

35c

$$1.73

.

37V&C

Mosinee Paper MillSL._——_—4-;—^-—-—-

55c
25c

(Outboard, Marine & Mfg. Co.
^Owens-Illinois Glass Co.__—

,,

75c
;;

U- 5
11-5
11- St
10-20.

i.

Class 3 common..^

;

i

,

r

$$1.32.

Moore-McCorniack Lines, Inc. (quar.)
^Morgan, (Henry) Company, Ltd.—
4^4 %
preferred
(quar.)-

.

■

;

12-31
11-22
12- 1 ' 11-10
12- 1
11-10

$2.50 1-15-50
12- 1

.
_

12- 1
12-1,
12- 1
12- 1

$$1
$$1.13
$$1.50

Inc., common
6% preferred (quar.)
—...
Ontario & Quebec Ry. Co. (s-a).—.Ontario Steel Products Co., Ltd., common...
7% preferred (quar.).
'Osgood Company (Ohio) class A common

;

11-1$

'

11-1$
U-1&
U-14

Omar,

12- 2
11-21
U3-50 : .12-20
12-1
U-18

$50c
:Ki$25c
50c

u————.

12-15

;

11-10,

12- 1
12-1
12- 1

Service...

Extra

11-21
10-24
10-24
10-24
11- 5
12-15
U-25
U-25
11-14
11-14

12-16

J50c

(

Motor Finance Corp.

Public

Seaniless

rOliver

12-20

12- 1

,

common—

il-25
-

U-ii '

U-25

20c
$1.12(4
$1.31(4

common

Oklahoma Natural Gas Co., common
33A% preferred A (quar.)

11- 9

12-10

U-14
12-21"

11-25

:

Ohio Service Holding Corp
Ohio State Life Insurance

11-15
11-15

12-15

1-3-50

5/4 let preferred-—

11- 7
11-1
11-10
11-10
11-10

Ohio

Moody's Investors "Service—
$3 partic.' preferred (quar.)

10-31
11-23

12-1
12- 1
12- 1 *
11-26
12- l
11-30

Ohio Power Co.,

80c
30c
37V4C
$1.37V2
50c
$1.15
35c
l34o,

(quar.)..

(quar.)-..
$4 cqnvertible preferred B (quar.)
Montreal Refrigeration & Storage, Ltd,—

,

11-28

11-18

12-15
12- 9

1-16

$1
25c

...

11-15
11-15

75C

rMonsanto Chemical Co., .common

11-12

Ohio Oil Co. (quar.)
Extra

10-31

62l/zC

/ Monmouth Park Jockey Club—'
/ ' 5;% preferred (accum.)
....
Monroe, Loan Society, 5l/2% pfd. (quar.)
t,

11-15

12*15

Ltd——.*

Machine- Tool

:

Olin

Corp., $2 preferred (accum.).
Mississippi Pow^r Co., 4.60% pfd. (quar.)_.
Missouri-Kansas Pipe Line, com. (increased)
Class'B (increased)—
Missouri Utilities Co., common (quar.)
S'/e preferred (quar.)

Monarch

.

*

11-1

4c

...

11-18

11-15
12-15

$1

—w_—.._"—

Lindsay Light & Chemical Co..
Link-Belt Company
(quar.)——
Lionel Corporation (quar*
Lion Ofl

12-10

11-10
11-15
; 11- 7
11-10

—

Extra;

.

11-30
12-1
12- 5
12- 1

—

-

12-20

preferred
(quar.)

Modern Containers, Ltd.,
Class A
(quar.)

11-15.
11-15

20c
$15c

15c

preferred
(quar.).;
5V*% preferred (quaix)
Nova Scotia Light & Power, 4% pfd. (quar.)
4%% preferred iquar.)
....
0%
preferred
(quar.)___.—......
Ogilvie Flour Mills, Ltd., 7V» • pid. (quar.)..;
Ohio Associated Telephone Co.—
$2.20 pre;erred (quar.)
—

50c

Minute. Maid

Mitchell ^Robert),

U-17
11-30

12-1
12-12
12-15.

11-21
11-28

12-9

4(4%

11-18
11-1

11-30
12-20

Public Service,

12- 1

...

■

12- 5

1-3-50

62.fte

————

Landis Machine CO;..—:u—_——.—

2nd

$5.50? 1st preferred

t

v

11-15

12-1
12-16

:._.i

Corp,,-Ltd.^.iii^-.

Bancorporation

Northwestern

5c

preferred series A (quar.)
Moline Co.> common
—

convertible

Northwest

50c

conv.

$1.50

11-15
11-15
11-ia

,

$1
75c

$10c

iquar.)

»

11-30
ll-W
U-30

.....

(quar.)

Mining

$2.50

(quar.)

(s-a)
—

Minneapolis

li-15
11-19 /11- 7

common—

5^ preferred (quar.).——

Lakey Foundry &■ Machine Co.

3.20%

Retracbones

Pennsylvania RR.- Co.

11-18

———

12- 1

Lake Superior District Power Co.,

120c
40c

—-

12- 1
12-1

81 Vie

12-10

(quar.)

American

U-18

-

12-23
'
11-1
11- 1

*

12-1

(quar.).

Insurance

common

Co.

North

11-18

8% preferred, (s-a)——
Participating
...
Mining Corp of Canada, Ltd
Minneapolis-Honeywell Regulator Co.—
Common
(increased)
—
Extra
!
2

12- 9

12-1
12- 1
12-15
12-1
12-1

(quar.)
preferred'(quar.
Shore Mines, Ltd;.—.———

Life

Co.,

Extra—

12-16
11-1

140c
$$1.75

Common

12-1

—

11-10

12-14
12-31

10c

45c
75c

Mutual

Ry.

North

11-30

$1.12Vi
' 25 '/o
35c

Midwest Oil

11-10

1-3-50
11-15

$1.50
5c
15c
20c

4%

~5%

.

;60c

Kroger Co., common (quar.)
Year-end

3-28

Western

NOtmetkl

■

11-15

12- 8

Mid-Continent

11-18
11-10
12-21

—

12- 1

20c

20 c
$5c

Midland

:

$1.62Vi

12-10

•

11-: 4
11- 1

Mickelberry's Food Prodpcts Co. (irreg.)...
Petroleum Corp.
(quar.)—.
Mid-West Abrasive Co.
1.

,

10-31
11-15
11-18

37%c

11-15
11-20

Micnaels Stern; & Co., preferred (quar.)—.
Michigan B'lmper Corp. (stock dividend)
Michigan Public Service Co. (quar.)-

a

12-22

_

Koehring Co.

7%
Lake

11-17
12- 9
12- 9
11-10

30c
4c

„

,

$$i

.

Hundred

Norfolk &

Bold**

12-10

25c

...-—

y

Mica Co.. of. Canada, Ltd.—_

!

11-15

12-15
11-15

,

Extra

4»

Payableof Beet.

$50c

Corp.- <quar.)_.._...
Nopco Chemical Co.*—
4% preferred series A (quar.)

,

20c

participating preferred
Participating—
—

10-31

12-27
11-25

25c
$1.75

—1-

"Extra"

11-23

12-27

87%c

—-—-

Beneficial interest series.;

•

12-23

30c

$1.50 pjreierred (quar.f_._Knickerbocker Fund—
-

coni. (quar.)-.-.;

Co.,

$3.25

10c
3QC
25c
5c
$1.25

Kings County Lighting Go. (quar.)
Kingston Products Corp.- (s-a)_;
—
Kinney (G. R.), Inc., common (quar.) _____
Special ..l....;.,.
$5 prior preferred (quar.)
—
Kirsch Company, $1.50 preferred (quar.)—

30c
Stores

-

-•

i Nineteen

When

Share

-

Niagara, Lower Arch Bridge Co., Ltd. (quari)

12-15
11-; 1
11- 1
11-23
10-31

preferred, (quar.)—
—

11-15
12- 1
11-30

,

1-3-50
11-15
.11-15

15c

i

•

Per

■

„

Name of Company

„

16-31

62 Vic

Merchtinib Fire Assurance Corp. (N. Y.)
Quarterly
Mercury Messenger Corp. (quar.)...
Merritt-Chapman Scott, *0Vaft pfd. (quar.).
Messer
Oil
Corp.'
1
—1
Metal Textile Corp., common
—
;

11-5
11-15

11-15

Special

.

Mercantile

.

Payable of Sec.

37 Vic

■

11-15
12-9

~

5%%

Share

Meadvi'lle Telephone Co/ commdn (quar.)
5% preferred
(s-a)__._
Meier & Frank Co., Inc.. (quar.)
—I——

City

When- /Holder*

Per

-

Name oj Company

PayabltofBxe.

Share

.

(1957)

Co.

(s-a).,

—

U-30

50

COMMERCIAL

THE

(1958)

&

FINANCIAL

When

Per

Name of Company

6%

1-3-50

12- 9

$1.12 tot

1-3-50

12- 9

$3.50

30c

__—

11-25

11-10

50

1-15

Standard

(interim
class

quar.)_

Electric

it

preferred F (quar.)..
4%%' preferred G (quar.)
of

Ages

Corp.

preferred

5%

preferred, A

prior preferred

Rohm

&

Haas

Stock

preferred
Ruppert (Jacob),

Co.

of

New

Co.

of

Ohio,

1-3-50

12-15

1-3-50

12-15

12-

12-30

I

1-1-50
12-

1

$1.25

12-15

11-

9

11-23

11-

12-. 1

11-10

I-18*

2-1-50,

1-18*

11-15

Steel

11-14

12-

11-14

1

$25c

12-

1

$31 ViO

12-

1

(Alexander)

25c

12-31

$1.25

&

12-31

40c

Pacific

12-15

12-

Texas

12-

1

12-15

12-

1

11-14

11-

7

Chemical

12-10

Corp.

Sons

Corporation,

12-10

.-$1.25

Bend Lathe
Southam Co., Ltd

$2.40

11-10

Thomaston

1

11-15

tlOC

12-

I

11-15

12-

1

11-15

50c

11-18

Tokhelm Oil" Tank

11-25

Toledo

Traders Finance Corp.,
Class B

12-15

11-25

12-15

11-25

$1.12'/a

1-3-50

12-15

25c

11-15

10-24

$30c

11-25

10-18.

4

'

40c

*

'

12-12

_

12-15

12-31

12-15

11-15

10-31

208 South La Salle Street

12-

11-15

Common (quar.)
Union Electric Co.

1

25C

12-15

11-30

25c

12-

1

11-16

$3.50

12-

1

1 lr 16

$3.70

$1

12-16

12-

3.60%

3-15

Wisconsin

$30c

$$1,2.5
$$1.12%

12-1

1111-

3

1

12-15

11-15

50c

11-15

10-15

50C

12-

1

11-15

12-

1

Union

$2.50

12-12

11-

12-14

12-

1

Aircraft

United

Biscuit

II

11-18

12-

11-10

United

Electric

United

$1.05

12-

1

11-10

25c

12-

9

11-

4

10c

12-

9

11-

4

22 %C

11-15

10-31

9c

11-22

11-10

....

8c

12-20

11-18

31 Vtc

12-31

12-

75c

A

11-30

(quar.)

"

11-30

10-24

12-

1

U.

Spring Bed

11-

11-15

10-20

50C

12-12

$1

$1.25"

___II

Southwestern Associated
Telephone
$5*50 preferred- (initial
quar.)
Southwestern Electric Service,

11-30

$30c

*

(quar.)....

50c

5

(quar.)

ii-30

$4

12-15

11-15

11-

12-

U.

11-15

1

20c

12-15

1-13-50

12-

5

3

Service

__

55c

12-

1

11-15

12-23

12-

$1.50

12-15

L.37%

12-

1

11-18

12-

1

11-16

U.

12- 6

8

•

S.

common..

Co.

(Conn.)

Extra




12-

1

11-16
11-16

1
1
1

50c

12-10

12-10

11-10

12-14-

11-25

(quar.)
'

2-1-50

1-16
1-16

45c

11-15

11-

1

35c

11-15

11-

1

1-

Co.—

11-15

11- ;3

25c

11-15

-11--3

1-3-50

$70c.

-

v

11-23

11-

$37c

11-15

tPayable in U.
IPayable

in

resident tax

15C

11-15

12-31

•

11-15

11-15

10-19

12-

11-!3

"

'

42 %C

■
'

^

$1.50

1

1-31-50

90c
■*,

1-16

,12-1

d28c

v il-15

\

Co.

(quar.)__
(stock
dividend)

11-15:
10-31

' '

1~

—

held.

5%

'1-3-50

12-1

25c

"

11-30

11-15

12-1.

11-15

50c

12-

1

11-10

a3%

12-

8

(quar,)_____i_

31'AC
,

.

:;

25c

10-28

12-

1

$1.12 to,

12-15

12-

1

$1.12%

12-15

12-.1

com..

(quarl

Tube

«,

(quar.

12-20

$2.50

Co.

S.

closed

Funds,

Canadian

15%;

Less British

d Less 3%

'

12-

1

11-15

$1.25

12-16

10c

11-29

11-14

11-29

11-14

$1.25

(quar.)__

12-15

11-30

r

for

less

•

11-18

tax

Income

Wisconsin

xLess 30%

Jamaica

^

15%

Canadian

tax

deductible

funds,

resident

dividend.

this

7%.

.

non-residents'
the

at

V

■.

v

■'

a

,

tax.

Non¬

Source.

:

'

tax.

dividend
income

tax.

/

;

•

,

tax.

—
'

General Corporation and
Investment News

10-15

11-30

10-31

7

12-

11-15

11-

4

75c

11-15

11-

4

$1.75

(Continued from page 12)

11-15

11-

West Kentucky Coal Co.—Three New Directors—
Hugh
elected

4

9

11-23

B.

Baker,

directors

Hooper Love,

$750

(s-a)

*,

Mr.

John R. Shepley
of

this

12-

9

12-17

11-23

Mr.

12-12

11-

as

and

\

as

,

25c

12-14

12-1

Mr.

of

partner

a

also

Assistant Secretary.—V.

3c

common—-—-—

40c

10-31

"

.

week

12-

1

11-10

$1

1-2-50

11-10

$1.75

;

Power

11-16

11-15

*

:

1

1-2-50

11-10

,

12-

1

11-18

50c

12-

9

11-25

22%c

1-

3

12-16

(s-a)_—_

5,
of

1948,

'7;

■

Lee

Treasurer

to

■

common

-V

have

been

Louis

Mr,

Union

Sullivan

the

Stock

&

of

Mrs.

firm

attorneys,

Graham

Ruth

Vice-

St.: Louis.

Co.,

Worcester,

election

Treasurer and
170, p. 1742,,

Exchange

Shepley. is

Trust

M.

C.

of

Young

Weckmarin

I

/.

•

Co.—Weekly Output—

10-31
10-31

12-20

11-30*

-7.

•

12-20

11-30*

50c

1-3-50

12-16

1-3-50

12-16
11-

1846.

revenues
expenses

been

v,,.''

of

elected

,

the

-

company,

offices

______

10-31

11-15

Operating

12-30

12-15

Non-operating

12-

3

10-28

Is

continue

1948

$31,047,330 $27,313,686
17,864,777
18.056,402
2,191,000

3,610,982

3,180,847

2,230,418

11-15

11-15

also

2,367,106
2,175,000

I

1

12-

will

1949

________—

_——____________

than Federal income
7_
Federal income tax (est.)_7_7_____1_________—

11-19

he

He

-

other

12-10

:

"v"';

Vice-President.

a

Maintenance

50c

.:

Lighting Co.—Earnings—

Depreciation
Taxes,

has

12 Months Ended Sept. 30—

Operating
Operating

'

;

the electric properties
of this
company for the
1949 totaled 39,900,600 kwh., a decrease cf 20.40%
112,974,000 kwh. for the" corresponding week of

director

p.

Westchester

11-15
11-15

$1.75

(quar.)

a

170,

$1

(quar.)

Jr.,

and

fill.—V.

25c

;

'

Rice,

30c

____

York

City.

'New Vice-President Elected—

75c

(quar.)_

of

output

.

„

$1.06'/4

_

output

ended Nov.
the

from

J.

Corp.—

New

York

announced

Assistant

West Penn Electric
12-

the

New

is

and

Worcester

4

—

22%c

of

Harden,

St.

Love

Secretary

N.

.

partner

&

Secretary" of

Worcester

Boston.
2

is. a,

and John

it was announced on Nov. 4 by
directors are James F. Fogarty, Chair¬
Love.
;

company,
Other

board, and Mr.

Weeks

President

65c
'

the

President.

Baker

Baker,

10%

*•-

■

1-2-50

of

man

of

—

1

12-

12-31

.$$2.50

4

25c

preferred

(quar.)-_:

56'/4C

Steel
Corp., Ltd
Stockyards Corp. (year-end)
United Stores Corp., $6 pfd.
(quar,)

Universal Consolidated Oil Co.
Extra
1
Universal
Universal

Universal
90c

15c

(s-a)

«fe

11-15

75c

(ordinary interim)
Manufacturers, Inc.—

Co.

1-30

$25c

.''i:

_____

Corp.„___L___„_-;

not

11-16

(quar.)

Corp.,

_i

Company1 (quar.)

Sheet

11-16

12-

1-15-50

common

Card

"(quar.)

com.

(quar.)

preferred

11-15

12-

common

(s-a>—

Steel

10-31

11-18

12-

(quar.)__

United

2-1-50

lU.S

preferred

books

9

3-15

25c

•

United

1

$1

11-15

Co.

Worsted

lOc

preferred

12-

$1

(quar.)

10c

20

"Transfer

•

12-17

12-10

35c

(quar.)—

J,),

n-'i

4

1,166,800

Spring & Bumper Co.—

4to ft

30c

25c

(quar.)

11-

1

1

Ltd.—

Society (Phila.)

Playing

50C

(quar.)

■

& Sons,

(N.

Extra

7%

12-

$1.25

———

Machinery

11-15

11-15

Co.

Aeronautical

11-15

(quar.)

(quar.)

11-1

1

Light

Youngstown

10c

Pipe & Foundry Co.

40C

IIIII

;

Co.,

preferred

United States

U.

prior

11-18

—______

preferred

Lines

S.

W.)

•

Y.)

10-31
10-31

:

*

$1.12%

Foundry,

(N.

11-15

80c

■

1

preferred

Extra

11-30

12-15

15c

common

10c
25c

iz

11-25

1

Extra
S.

12-15

12-

(quar.)__.;—

Hoffman

U. S. Loan

1-11

(F

Wyandotte

12-

(quar.)

;

preferred

4%%

U.

Co. (quar.)
Sovereign Investors
Spalding (A. G.) Brothers Inc. (quar.L.II"
Sparks Withington Co., 6% pfd.
(quar.)
Spear & Company, $5.50 1st
pfd. (quarj.l

(quar.)

&

B

Finishing

4'/4%
S,

Wright

11-10

$1.12%

(s-a)—:—
Light & Power Shares, Inc.—

preferred

S.

5%

11-10

4-

—

Quarterly

Spencer Kellogg & Sons, Inc.

Merchants

Electric,

7%

11-15

11-15

pfd.

(quar.)

preferred

convertible

S.

12-15

40c

(Dallas)

S.

12-15

9

1-3-50

deposit receipts

Series

U.

U.

$1.37%

com.

Co.

45c

3

9

62%c

;

::
Casualty Co,

S.

1-

65c

."

A

11-15

12-

4%% conv. prior preferred
Worumbo Manufacturing—

12-

93%c

Quarterly-

11-10

30 %C

"
_'_H

(quar)

class

11-15

10c
12 %C

T—

(quar.)_
(quar.)

America, com.

(quar.)
Investments,

3T%c

11-22

-v

4%%. pfd.

Cos.

12-12

11-25

(quar.)_

&

12-23

30c

Power

Steel

prior

12-

$25c

:

Fuel

United

U.

12-15

12-15

11-10

(resumed)

Coal

11-15

50c

; 11-14

(quar.)_______l_

_

Amer.

11-15

11-15

30C

_

Insurance

11-15

40c

$25C

...

4%%

10-31

United Gas Improvement Co.
United Molasses Co,, Ltd.—

3

3
3

11-15

preferred

6%

11-

M'l

11-15

(quar.)

Special
7%

2

a

Corporations, Ltd., class A

United

(quar.)

11-16

1

$1.12%

Engineering

1

I

11-15

*

(quar.)

12-10

B

11-

12-

10-31

Company

9

2-15-50

(F. W.) & Co,, Ltd.—
,6% pref. (s-a.)____________
Worthington Pump & Machinery Corp.,

10-31

5%

1

12-

Woolworth

12-15

—

Corp.

Woolworth

10-28

62Vic

(quar.)

preferred

Class

11-10

11-15

of

12-

.12-

.

10c

Industries, common
preferred
(quar.)

11-18

5

11-16

$1

:

>

U-14

.

10c

Company,

Power

11-15

II-15

Corp.,

Co.

12-10

United

(accum.)_-(quar.)

V 95c

V-:

preferred. (quarl)__

12-

V

11-14

.12-.1

15c

(quar.)__

share for each

5%

.

92Vic

Inc.,

12-20

United

11-10

Missouri—

Co,

50c

87 %c

11-30

87Vic

A

Lines,

Carbon

One

25c

com.

California—

30c

III

pfd.

Corp.,

Extra

$4.50

'

>

Vie

87

Rubber..

Woodall

1

11-15

12-1

;

"

Bl);

(Alan)

1
1

(quar.)

Car

United

United

*

Wood

1212-

(quar.)_

preferred
Tank

Air

9

30c

'

-

(quar.)_

(quar.)

of

Co,

United

11-15

97 %C
'

of

preferred
Oil

S3.75

3

12-

$4

6-15

12-15
12-15

12-

12-15

12-15
:

Common (year-end)
6% preferred (quar.)_l__^____l._

12-15

6-26-50

1

2--1

12- 5

1-3-50;

50C

65c

;

Wisconsin Electric

10-31

75c

v

I

preferred
preferred

$4.50

5

Union

___Z

(quar.)

Corp.,

City Ninth Unit, 6%

62 %c

12-13

100%
Co.

(J.

I-3-50

$$l.l2'/2
(quar.)

$1.25
-

Storesl___ll._L____________

preferred

'4-1-50

$37too

(Hartford)—

Insurance

$1

11-15

100%

Tudor

Williams

1

12-

11-

12-15.

$2

.

'

(quar.)

Brothers

Oil

11-14

n-i

11-15'

$1.25 2 -15-50

;;;•

_______

Mfg.

,11-24

11-15

$1.25

Wilsil, Ltd. __a__
Winnipeg Electric Co., common___ii:_______5%
non-cum.
preferred (s-a)
Winters & Crampton
Corp. (quar.)i

\

$37 Vic

...

(Hartford)

Co.

12-1

1-3-50

60c

;'

12-

Co., Inc.____________

11-10

12-15 ;

$6

Universal

(quar.)

W'ilkes-Barre Lace Mfg. Co.
Will & Baumer Candle

11-18

12-15

$1.06%

dividend

Trinity

$1

.1

(quar.).

,

''

Company, common1 (quar.

11-10

5

a

l^-'l
","11-24

1^-;

75c
75c

—

(quar.)____

com.

i

Auto

50c

dividend

Stock

12-28

1-3-50

Co.—

Ltd.

Co.

62 toe

_

(quar. i

Carpet

_____

0

5

11-15
12-15V

1 50c
(quar.)____
pfd. (quar.)
$$1.12 Vi,

50c

Ltd., class A

59 %C

____

Public

11-28

1-3-50

40c

Co.,

Common (quar.)

9*

: : ;

-

-

(final)

preferred

11-

12-

12-15

$50C

Whitehead

,-r;

(quar.)—

Travelers Insurance

(quar.) -H—

Wilcox

11-9*

12-

31'/4C

;

Pump Co,

Insurance

RR.

Paper
(S. S.) Dental

White

5

1-

1

II-15

'

"$1.12%

r

Supply Col (quar.)

Pacific

preferred. A-

Whites

11-10

12-

12'/2c

Special

$1.25

(quar.)

(quar.)

Co.,

preferred

Travelers
Stock

common

preferred

4%%

&

4'/4%^

9*

12-

-

...

1

15c

(quar.)

12-15

25c

(quar.)_—___

1

1-3-50

$1
75c-.-

-

12-15

9*

11-1

1-16
12-

50c

Edison,

Ltd.

!____

Extra

'

;

12-

25c

(quar.)_____

Power

12-10

Products,

Whitaker

12-10

1

12-20

11-15

11-

11-15

12-1

111-15

11-15"

11-29

12-10

11-

10-31

11-10

>

12-12

12-

Weston Electric Instrument
Corp.
Weston. (George),'Ltd., 4%%

15c

1

11-15
-12--1

$1.50

5%
preferred
(quar.)
;
Westinghouse Air Brake Co. (quar.)____—
Westinghouse Electric Corp., com. (year-end)
3%%
preferred A (quar.)
3.80%
preferred B
(quar.)__

11-15

11-

H-

1

17 Vic

11-2

$1.75

•

11-21

12-

____________

(quar.)

11-12*

1-3-50

1

1

12-15

12-13

$1

75c

$1.50

11-15

1-3-50

12-

12-28

12 *%c

1-1

______—

II-30

31'Ac

$20c
7 too

(irreg.)

Southern Natural Gas Co.
(quar.)
Southern Railway
Co., common (quar.)_

Water

12-

Thompson Products, Inc., common (year-end)^:
$1.50
4%
preferred (quar.)_wi._—___I_
$1
Thrifty Drug Stores Co...,—
/ 12'/2c
Tide Water Associated Oil
(quar.)
i
40c
Tide Water Power Co. (quar.)__
15c
Timken Roller Bearing Co. (reduced)
'
50c

(quar.)

Works

preferred

A

I-3-50

11-29

Common

$20c

11-10

preferred__"__l_____

Electric, 6%

Western

4

12-15

(quar.)

common....

11-14

$1.75

Gas Co.

Western Auto
•

11-15

Mfg.

Mills,

11-12

-."'$$1

11-15

$1

'

vv,

12^15

11.-25

(quar.)—.

(s-a) Z—

preferred

"

j
"

Co.—
>
preferred (quar.)_.._

conv.

11-

1

12-1

$2.95
l5c

'

(Rhode Island)—>
preferred (quar.)_„

Glass

12-

.

11-16
12-

7'/2c

22c

Greyhound Lines™
Southern California Edison—

preferred

Co.

I-3-50

50c

—,—

pfd.

$4

Corp.

25c

convertible

$10C

I

Gas

25C

Southeastern

preferred

Inc.

(quar.)—

Snowdrift,

Sugar

50c

a-

•

—_

Co.

11-15

12-20

25c

5% preferred A (quar.)
Western Railway of Al?.bama_________l____
Western Tablet &
Stationery Corp.—

$4c

—<—

Common

______

(quar.)

preferred

South

$4

Oil

*.10-31

'11-30

$1

common

Virginia Pulp &. Paper—
**4-%%. preferred <quar.)_____:_

11-15

50c

(year-end)

&

Southeastern

Textron,

11-10

25c

(quar„)_,

Products

convertible

$4

Coal

Mfg.- Co.

Oil-At

5 Westeel.
■

11-18

10c

Thatcher

11-15

1

10c

Corp.____
(Cleveland)

Producing

Extra.

9

Investment

.."..HI

Iron

Co.

Soundview Pulp Co.

Stamford

Texas

8

11-15

12-

12-1

■

11-15

50c

......

Aircraft Co.—
90c convertible
preferred

R.)

(The)

11-15

12-

12-15

37 toe

Works, 7% pfd, (quar.)
Company • 4increased quar.)

Gulf

'50C

Solar

(E.

(quar.)

Chemical

Co..

11-15

25c

12-

West
,

Cash

Water

Texas

,40c

:

pfd.

&

Socony-Vacuum Oil
Extra

A

Tower

Haute

11-15

——

35c

&

411-12

1

50c

class A

Ohio

5%

Extra-—

■

11-15

11-28

Extra

(quar.)
3%ft preferred (quar.)—
4.20%. preferred
(quar.)

Squibb

Texas

11-

5c

•,

Products

11-12

1

12-

$20c

'

Co.__

Penn

7%

.

.

Tennessee

•

frac¬

/

1

12-

20c

,*

$1.75
11-18-

12-15

37%c
1

Telephone Bond & Share—
~7,ft
1st preferred (accum.)
Terminal

12-1

Common

Queen

*

11-18

(s-a)

Jersey & Seashore RR.—
guaranteed (s-a)_—

West
v West

4

21c

(quar.)

Inc.

10-28

$1.07 %.

—,

-

Extra

pfd.

Extra'

11-30*

West

5

(quar,)..—__—

7-18

12-12
2-1-50

30c

Corp. (quar.)
Sioux City Gas & Electric
Co., com. (quarTj"
3.90% preferred (quar.)
________
Skelly Oil Co...:
-—._-_._I_.I__.
Skilsaw, Inc. (quar,)

Southwestern

6%

11-11

12-15

(quar.)

Engineering

Indies

6%

5

11-

5c

1/25

11-21

25c
-

11-10
11-

11-15

4%

Oil,

preferred

Tampax,

8-1-50

1

11-15

share.

2nd

12-

-

v25c

held.

'11-15

$60C

'?■

,

11-15

12-15

11-18

25c

10%

each

1-18

85c

Oil

Life

shares

for

4-18

,91 'AO

preferred

Simpsons' Ltd., 4V'2%

Southwestern

25

18c

2-1-50

75c

(Franklin)
(See Franklin
Simon) —
(H.)- & Sons, Ltd., common
(quar.).

Southern

4%

each

of

5-1-50

27 %C

...

common (quar.).
preferred (quar.)
Corp. of America, class A (quar.)
Slgnode Steel Strapping, common
(quar.)..
5% preferred (quar.)
Simmons Company
(year-end)

non-cum.

for

West

11-18

7 too

Mining

Canada

/

Wesson

'

12-16

11-28

$75c

•

27 %C

quar.)

1-3-50

31'Ac

-

...—

(quar.)

27,too.

4%

4.88%

(s-a)___

(quar.)_____

Sylvanite Gold Mines, Ltd.__~l
Syracuse Transit Corp.
Symington-Gould Corp.
Tampa Electric Co..

50c

12-1

57c

-~

paid in lieu of fractional shares
rate

Swan-Finch

11-15

11-20

be

the

tional

1

Shoe

Southern

share

will

1

7c

SherwinrWilliams Co.,

$1.25

One

4

1

...

5% 1st preferred
(qua?.)——
Shellmar Products Corp., common
4%%
preferred
(quar.)

Sonotone

class A

common

12-12

$.1

$1.13

—_!
:
(quar.)_—:_L.

common

preferred

conv.

Wentworth

5

25c

;

_________

8

11-

25c

_

11-

1

Company,

Welsbach Corporation,

11-18

(quar.).

Ray Drug Co., common..
preferred (quar.)
Superior Tool & Die Co, (quar.)
Susquehanna Mills (stock dividend i—

12- 1

12-

11-18

11-28

11-23
12-

Sun

11-15
1

12-12

50c

&

Wellman

10-30

25e

pfd.

-

11-10

$1

Shawinigan Water & Power Co.
Sheller Manufacturing
Corp.—
Common (increased quar.)

Solventol

Ltd.,

12-15

11-15

a

12- 9

2-

;

Sloss-Sheffield

preferred

12-31

25c

-(quar.)—

Increased quar.
Sun Oil Company, common
Stock dividend !

Terre

Servel, Inc., $4.50 preferred

Class

1

11-

_______

Sinclair

Screw Co.,

$1.25

5

50c

(quar.)
Suburban Propane Gas Corp.—
...

11-

25c

(quar.)

4%%

Co.

Stowell

,5-

—.....

redeemable

Textiles,

Furniture

Struthers Wells Corp.,

9

12%c. 2-15-50

Extra

Simon

Stern

&

Storkline

12-23

$4.50 preferred (quar.)
11-18 "V" Warren Petroleum
Corp,

4%

-

—a

11-15

15c

Security. Banknote Co., $1 pfd. (quar.)
Seme*. Corporation, class A
(quar.)

Simon

Inc.

11-15

$1.25

(quar.).,

Stores,

12-

50c

common..—

Denn

is Company

Extra

11-10

_____

Shattuck

(A.)

1

11-14

1

12-

40c

_______——

Sterling Brewers, Inc—
Sterling Drug, Inc.
(quar.)

11-10

11-25

$1.50

participating preferred (quar.)_______
Participating
Candy Shops, Ltd
Securities Acceptance
Corp., common

Speed

Sterchl Brothers

2

11-25

$$1.06

4%

5%

Stein

12-

11-15

(quar.)

Smith

11-11

1

12-

12%c

Spring Co. (increased quar.)
Supply Co.—*
Stecher-Traung Lithograph Corp.
"
5%
preferred (quar.)...

12-

7-17

20c

Waterous, Ltd., class A "<quar,j___ll
Wayne Pump Co. (resumed)

1-13-50

25c

4-17

35c

Weeden

.

:—

'

1-16

5-1-50

8-1-50

common

11-15

50c

(quar.)

._

Company,

11-19

12 %C

(quar,)

D.)

12-10

12-

Seaboard, Surety. Co. (quar.)
Sears, Roebuck (quar.)...

B

(S.

12-10

11-

6% scries A non-cum. preferred
Seaboard Oil Co. of Delaware

Class

Warren

40c

93%c
"

(quar.).

Fuel

at

(quar.)..

11-18

20c

(quar.)

2-1-50

37 %c

37 %C

'

Standard Steel

A

Railway Eqittftment Mfg.
8ilica Corp.
(quar.)

11-18

Geoderham & Worts, Ltd.—

State

11-17

._

Seeord (Laura)

(Hiram)

12-15

preferred

1

37 Vac
—

Increased

11-15

11-11

__

-

Walker

-

9

1

12-10

:

preferred

50c

,

9

12-

3%%

6%

International

11-10.
It-

12-

1-3-50

11-15

5% preferred (quar.)___
Beaboard Air Line RR. Co.—

Common

$2.50

11-18

12-

25C

Standard

12%c 5-15-50

Canadian

12-12

12-12

:

(year-end)
(quar.)_

1

5

$1

_____—

Standard

1

...

■

Standard

common

12-

12-

——"

1

10-26

*

Co., Ltd.,

Jersey

preferred (quar.)!
Walker & Company..

1

Manufacturing Co.,

Ektra

of

shares held)—

11-12

12-10

'

4ft

12-

1

$4

Second

11-10

11-17

R.v.

(quar.).——!
Scythes & Company, Ltd., common...

11-10

12-12

11-

$1.50,

preferred
(quar.)
$3.40
preferred
(quar.)
Scotten
Dillon
Co.
(irreg.)

11-10

12-10

5

12-

__

(quar.)

11-29

$1
50c

12-

11-1

4'A% pfd. (quar.)
6% pfd. (quar.)

Extra

20c

"

11-19

12-15

12- I

Ltd.,

vtc

100

10-JdU
1

(quar.)

(quar.);

share

each

Oil

1-2-50

...

Common

(One

for

Oil

$1

5%% pre/erred A (quar.)
5Mi ft: preferred A (quar.)
Scott Paper Co., common
(increased

4.30%

J.

Standard

30c

:

preferred
preferred

dividend
of N.

-

2

12-

30c

——

iqilar.)'

Standard

$1.12%

(quar.)

Savage Arms Corp..
Sayre & Fisher Brick Co. (quar.).
Schwitzer-Cummins Co., common—.
5%% preferred A (quar.)

3.65 %

12-

(quar,).

California

11-15

Transit

Quarterly
Quarterly
Quarterly

Corp.

11-15

12-20

RR._

Francisco

Forgings

1

Stern

(quar.)

40c

10-31

1

12-22

$1.25

—

11-15

$1

_

Water Co.,

Stock

preferred

1

12 %C

pld.

convertible

12-

50C

(quar.)

4%ft

Shops

Ban Antonio

5%

11-15

37 too

,

Milling

Louis-San

5%

12-28

25c

(quar.)__

(quar.)

Special
St. Regis Paper Co.

-

(Indiana)

$1.25

5% conv. preferred A vtc (quar.)
St. Paul Fire is Marine Insurance Co.—

r

of

Co.

4%

Saguenay Power Co.,

,,

Co.

Oil

$1.25

(quar.)

Whitehall

it

Saco-Lowell

Bcovill

Oil

Standard

12 %C

Russell-Miller

tit,

Standard

11-10

30c

Common

St. Joseph

11-24

12-

1

12-

12-

1-3-50

37 %C

Vanadium-Alleys Steel Co. (reduced)
Vapor Car Corp., 5% preferred (quar.)
Chemical Co. (quar.)__
*
Virginia Coal & Iron Co.
Virginian Railway, 6% pfd. (quar.)
6%
preferred (quar.)
6%
preferred
(quar.)
Vogt Manufacturing Corp. (quar.)
Walgreen Company, common (quar.)

25c

Roxy Theatre, $1.50 preferred iquar.)
Royal Crown Bottling Co. of Louisville-

Rutland

12-15
,

12-

12-12

62%C

40c

dividend

5%

$12%c
$$1.25

$1.60

$1.25

(quar.)

11-15

1

6%

50c

(quar.)

4%
preferred A
Roos Brothers, Inc.

12-

1

Holder•

Payable of Rec

15C

Company (quar.)__A
Knitting Co.—
prior preferred (quar.)

Vick

_—

12-

-

Company, common

Utlca

12-

40c

(quar.)
Standard Dredging Corp.—•
Standard

*1.18%

(quar.)

5%

(increased)

10-25

—

(quar.)

11-15

12-15

Co., Ltd.—

10-25

30%

—

12-15

Share

Upson-Walton

87%c

preferred

Oil

_

11-15

25c

11-15

40c

Rockland Gas Co. (increased quar.)_,__—
Rockwell Manufacturing Co. (increased quar.)
Rockwood it Company, common (quar.)

5%

Common

5%

Corp.—

4%

Rock

11-10

Chemical

Company

12-15

v—

11-15

$1.12 «/2

._

Gas

1-15

1

12-

j

When

Per

Name of

30c

preferred
(£|uar.)
Cap & Seal Corp.'—
conv.
preferred
(quar.)

45c

—

Manufacturing Co., common (quar.)_
4%% preferred (quar.)
„
Rhodesian Selection Trust (final)___

Share

(quar.)—

common

45C

quar.)

Rheem

Rochester

2-1-50

25c

(interim

B

2-1

15c

—

Copper it Brass, Inc
Reynolds (R. J.) Tobacco—
Common

'

Inc.,

Extra

$1.60

Revere

Common

Company

Brands,

Monday, November 14, 1949

When
Holdert
Payable of Rec.

Standard

15c

preferred A (quar.)__
preferred B (quar.)

Standard

25c

Remington Rand, Inc., common.
$4.50 prefei red (quar.)
—Republic Insurance Co. (Texas) (quar.)—
Republic Investors Fund—
6%

Name of

Holdeii

Payable of Rec.

8hare

Per

■

,

CHRONICLE

Insurance

preferred

40c

$1.50

(quar.)

Co

Pictures, 4'%% pfd. (quar.)
Winding Co., common

convertible

$i5c

50c
—._

1

11-23

11-

8

11-23

11-

12-

1

11-15

$1.06'A

12-

1

11-15

25c

1-

3

12-15

$3,862,665

income

income

$1,655,019

11,880
___.

deductions

$1,667,7G9

1,775,213

—

12,750

$3,874,545

—-—

1,703,950

8

25c

Gross
Income

income

$1

22%c

12-

1

11-15

Net

income

Sales

of

Sales

of

$2,099,332

electricity
gas

*Loss.—V.

<1,000

(kwh.)___
CU.

170. p. 929.

ft.)___

^___

^^

*$36,181

464,464,759

442.272.739

10,248,277

10,694,407

...

Volume

170

Number

4855

THE

Western Air Lines, Inc.—New Vice-President—

COMMERCIAL

The ipompariy

of

about

to

Western Auto Supply Co.—Earnings—
Net

sales—Retail— $17,233,596

Wnolesale

$35,478,293

before

earns.,

eral

income

Federal

income

earns,

interest

2,979,586

855,012

3,512,269

The

6,535,963

1,379,781

1,183,092

2,601,260

$1,796,494

$2,132,488

$2.39

$2.84

,12'/i

over

a

year;

The

ago.

Sept. 30, 1949,

ratio

were* 265

of

current

assets

liabilities

current

to

Gross

compared

ber,

with

1949,

262

Net

at

1949—10 Mos. 1948,,

totaled

a

2,343,

In

operation
earlier.

year

against

as

in

October,

Wholesale

in

2,054

this

year,

accounts

October,

1559..

P.

offer

an

of

an

approval

exchange

,new dbligatjqns
bonds would bear

the

ICC,

will be made to the

it

bond

is

expected

holders

Sept. 30—

operating

1949

revenue

1943

$27,705,066 $33,523 472

j...

income

Total
Employee

55^682

87,152

that

within

formal

two

and

—

services

Miscellaneous

225,196

239 923

1,317^000

1,697*,000

118,000

154,000

$1,835,172

Pennsylvania

170,

bonds

taxes

income

of

$27,792,218 $33,579,154
7,779,243
7,954,568
15,299,840
20,217,859
946,459
927^889
271,308
4,025

purchased

Depreciation and depletion
Int., exp. and taxes on first mtge.
Federal

offer

weeks.—V.

costs

Materials

■

voted

of

and

(n vfor
new

thereafter 4%.

directors

sales

Interest, rentals and other

$2,383,890

tax

income

tax

—

from

railway-.,,.

1949

v

.

^4,452,792

railway--^.

630,348

oper.. income.^

No.

1,137,056
691,955

784,518

on

5%, cilm. pfd. stock——

Dividendsv,op,.jcommpn,

1946

,

$3,689,650 I

1,577,540

280,5ii7

.

)

1947

1.

,

$3,303,042

-

Dividends

1948

$4,232,891,
1,591,220
720,303

qf

common,

Earned

—V.

per

HO,

260,111

stock

shares^-,———

507,880

share—'—

common

265,130
362,747
483,662"

—r—r

'

$3.10

$4,38

1846.

p.

From Jan. 1—

units

units

of

to

front

Gross

1949—Montb-^1948

retail

bondholders

Western Pacific RR. Co.—Earnings—

in

30,044,536

32,217,990

28,172,991.

31,329,311

from, rahway,-r-,—.

4,945,467

7,785,230

5,637,925'

7,253,437

Net

ry.

income-'.

2,689,113

3,994,353

2,69^326'

3,258,489

railway—.

oper;

as

_

CONSOLIDATED

Octo¬

(Incl.

170,

1948.—V.

from

Net

,

$11,712,000 $10,739,000 $99,966,000 $102,171,000

Thefe

the

the old, bopds.- would .be furnqd
Until l'952, the proposed

/September—

October Sales Up—
—

make

at 4and

Net ry.

Period End. Oct. 31—
Sales

Net

to

income

4.8-to-l;

was

Nine Months Ended

1742.

$5.24

per-share...

Cash decreased $2,900,000 and receivables increased $4,100,000

*

the maturity
4%
bonds
due

non-Callable

51

(ATalii) Wood Steel Co. (&
Sub.)—Earnings—

extending

toward

9

outstanding

1969,.

board

exchange

"The total inventory position,
including; merchandise on hand and on
order, at Sept. 30, 1949,' was $5,100,000 less than a
year ago, a decrease

of

(1959)

$3,934,703

$1.81

steps Nov.

1952.

in

Subject
P.

$1,360,710

_

CHRONICLE

Nov. 9 to
call a special
meeting bf
stockholders for Dec. 15, to
approve execution uof, a liew^gsjjgjp) mort¬
gage.
It. a1iib^'.au'fh6rf^e'd' 'fhc ..company's officers to
proceed with a
plan for the exchange offer.
|

$36,133,754 888,253,622 $91,432,451

2,215,722

Net. earnings.,
Net

maturing

Fed¬

tax

in

proposed

under, whiqh

.

1949—9 Mos.—1948

$18,663,915 $44,957,259 $47,823,361
17,469,839
43,296,363
43,609,090

IS,244,698

Total
Net

'

is

took/first

$44,in,000 -of its

mature

It

1949—3 Mos.—1948

FINANCIAL

Western Maryland Ry.—Plan^ Bond Trade—

Arthur P. Kelly, Assistant to the
President,'has been elected VicePresident—sales.
He will direct the corporation's, sales,
traffic, ad¬
vertising and promotional programs.—V. 170, p. 1441.

Period End. Sept. 30—

&

Sacramento

Northern

Period End. Sept. 30—

•

;

INCOME

Ry.

Nog.

1949—9 Mos.—1948

revenues-

$3,639,152

$4,820,051

Railway

uper;- expenses-

;-2,863,470

3,125,139

been

C,

,

vMr.

$32,062,796 $34,223,931
26,952,284

(111.)—Sale—

Rapids,
Allen, President, of the latter lirm, announced on
9., Woodstock's machinery and equipment will be moved from
Woodstock, 111., to Grand Rapids early in 1950.

Mich.,,, Ralph

Southern! Ry. Co.) **

and Tidewater

1949—Month—1948

pper.

Co.

ipanufacturing rights ah^ facilitfes of this company have
purchased by R. CJ. Allen. Business Machines, Inc., 01 Grand

ACCOUNT

Raifway

Western Light & Telephone Co.,
Inc.—Rights to Stock¬
holders—
The, pompany is .issuing to the holders of its outstanding shares of

W^ods'fock Typewriter
The

Allen

added that &

improved typewriter bearing the R. C.
would be manufactured at Grand Rapids.—

new

AlleprWqQdstock trademark,

26,409,663

V.

166,

996.

p.

...

coipipou

stock, of record Nov.

fights

(If

to

of-common

subscribe,

at

Net

Ry.

1,

1949|i transferable warrants evidencing
pef share, for 14,162 additional shares

$21

stock

(par $10) on the... basis of one such share; for-each
shades** so held, of record, and !<2): the privilege to oversubscribe
for aduiilonal'■shares at said
price, subject to allotment out of the
shares of such common stock, if any, not taken by subscription. The
20

warrants

expire

at

Subscriptions,

3

are-

(CSX)

p.m.

payable

Nov.

on

16.

Continental

at

.

Illinois

National

y

!

All

-

which-Hie

is

AND

resdififi^Twm
&

not

(Inc.)

subscribed- for

not committed

by

to

stockholders,, but

in

five

communities, in

in .Kansas.

corporation

Co, (Kans.i.

.

Kansas

and

ice

close

of

the

AND' PROPOSED.

PROGRAM

''

territory served.,; In addition to
by, existing customers,' the

number of new

Jan.-1,

Net

the

large

increases

in

has obtained

company

demand

$8,720,882

and

total

a

of

18,832

.

stations

and

be made for

other- facilities.

to

amount

to

and

to

n6w customers,

in

of

common

to

402,581

which

stock

hereby will

depending

the

any of such

company

the; stockholders.
stock
that

price ana

net; proceeds

Based,

offered
the

by

commission

will

company

estimated at not

more

subscribed

all

at

is

paid
to

amount

on

of

the

for

expenses

and

$3,000

of

their

consummated

on

or

tax

shares

finance

of

iu

stock

common

part

the

and

company's

of

the

reflect

to

'

issuance

$1,250,000

1,

Series B,

from

the

debentures

will

program.

preferred

Common

stock

stock

$10)

•Without specified limit
restrictive

'69

provisions

with

agreement
Trust

Co.

agers

agree

of

OF

to

use

Net




ry.

time

in

in

each

1948

of

first

the

plus

three

extra

an

1949

.

*1948

rules

$447,992

160,583

160,583

"

$1.92

and

charged

of

that

all

American

10," 1949,
for

160,583

Dec.

ouW

1946,

31,

,registered

10,
of

1943,
its

shares

in,, the

required

of

form

fee

for

of

the

receipts.

Exchange1

ordinary,

rules

registered

the, above

referred

that

the

Amer¬

shares.-be .not
tp.

share, bonus

receipts ,fpr said .stock, delivered
further notice must be accompanied

until

distribution.*—V.

161,

709.

p.

1949—Month—1948

1949—10 Mos.—194

*.'. •$

>

—V.

170,

-

$

•

$

451,728',348' $62',902,8

53,429,686

1539.

p.

(Win.) Wrl^ley Jr. Co. (& Subs.)—Earnings—
Period End. Sept. 30—
Not

160,583

$3.43!.

income.—V.

$6.30

170,

p.

Int. land

divs.

1948

;

from

in¬

545 ,048

vestments
Net

1949—9 Mos.—1948

$17,901 470 $16,185,466 $52,944,922 $45,360,866

gains

from

sales

other

prop...

1,249,016

433,864

^263,292

'81,650

Drl93 ,951

other

Misc.

96^943
..2,429

336,303

24,746
317,425

of

and

inc.

(net)-

99, 209

sees,

'

834.
income
and

$18,351,776 $16,366,488' $54,266,949 $46,136,901
9,055,394
8,787,858
26,631,861
23,307,029

labor.

Selling, distribution and
1947

$3,555,117
1,620.933

income

367,961

1,027,748

24.67$,389
7,980,155
5,233,327

1946

822,216

gen.. admin,

}

Prov.

for

780,136

U.

Govt.

471,066

501,369

Foreign

27,629,370

:21,805,592
7,724,234

6,925,693

4,825,739

3,450,614
2,373,570

3,789,370

expenses

2,710,651

10,718.422

8,143,083

15,324.232

10,797,717

$2,675,693$2,162,748
-

S.

222,681

taxes—

657,526

.430,884

5,019,243

4,736,003

993,017

649,653

$2,907,757 $10,246,880

$8,870,244

1,540,907!

income

230,249

convorsiyp

current

140,456

1,669,849

ear,nings_____„

op

net

inc.

-——j.*—

,tNet
Loss

depreciation
govts.'

taxes

■

income.-.^

allowed

•Materials
'

1949—3 Mos.—1948

sales, ,less cash dis¬

counts

Ry.—Earnings—

558,606

■

£8,302,032

on

depositary

and

said

$3,384,225

278,859

of
■'.<

of

assets

foreign subsidiaries-^.

'

765,891

765,891

Willson Products, Inc.—Dividend Meeting
Postponed—
The

v

i

corporation

has

Its dividend meeting to Nov.
15
r'from Nov. 8 because of the
holiday. The company is paying quarterly
> dividends of 20 cents per share,-.the
last of which was disbursed
*
on
Sept. 10. 1949—V. 170, p. 1441.
'
/

postponed

,

v

*

'

•

•

*'

"

'

_

I-

-

■

fs

stockholders

authorized

on

Nov.

15

will consider

There

Wisconsin Central Ry.—EarningsSeptember—
Gross

from

Net

from

Net

ry.

»

raifway

,

1949

1948

,

1947

1946

$2,269,440

$2,678,690

$2,296,588

531,723
262,898

919,495

618,820

482,991

532,510

173,578

478,204

20,215,474

22.416,029

19,482,548

16,814,651

4,218,427

6,179,332

5,447,068

3,314,654

1,802,478

2,961,642

2,723,248

1,855,409

railway.......
income

oper

$1,984,109

railway
railway..
inpome

oper.

170,

p.

*Anrf services
to

share

per

consumed

customers.
of

assets

foreign

in

tBefore

currencies.

$8,870,244

»

foreign

$4.51

488,572

302,325

making-chewing

$4.82

830,753

.

gum and

extraordinary, loss

other products

conversion

on

of

net

subsidiaries

;Of

foreign

resulting from devaluation of
subsidiaries
included
above
(after

deducting exchange loss of $765,891.)—V. 170, p. 734.

Yonkcrs Electric Light & Power

Co.—Earnings—

12 Months Ended Sept. 30—

Operating
Operating

*

—

...

...—

,

$4,710,844

1,701,189
666,038

1,788,739
509,815

681,250

600,000
750,876

—

530,600

293,800

.......—

$1,043,517

$767,614

———

2,160

2,152

$1,045,677
258,347

$769,766

....

than Federal income—,.—
tax

(est.)^

income

:

income

,1948

$5,428,308'

805,714

.——

other

Federal

——

i

Depreciation

Taxes,

1949

-

i->——i.

revenues
expenses

1846.

Operating

1,250,000

Wisconsin Hydro Electric
Co.—Earnings-

1,237,500

1,250,000

Nine Months Ended Sept. 30—

161,554 shs.

297,394 shs.

whereby the dealer
manage

$1.48

earns,

$9,480,989

_

$6,014,000

and

(1,968,487 shares)—$1.33
JNet earnings—Dr330,306

Maintenance

from

Outstanding
.

$2,907,757

sold

proposal to increase the

shares to 500,000 shares.
presently outstanding 294,830 shares.—V. 170, p. 441.

are

period.

$2,618,334

Net
'■

for

current
a

stock from 300,000

common

Net earns,

»:

Wilson-Jones Co.—To Increase Capitalization—

--The

2,500,000

form

"ex"

,

Sales r—^—50,755 461

similar

a

of

account

(F. W.) Wool worth Co.—October Sales Off—

1946

$2,260,589

railway.
railway
■

depositary

Securities, of the

on

Period End. Oct. 31-

$551,090 ! $1,011,080

$2.79

to

1949

•

•

balance

Joss

of

quartors

1947

$309,290

& Lake'Eric
.

American

receipts

for the
until further notice

by due bills

(

.

the

of

./

;

thereto

such

depositary

after* Nov.

*•,

3333.

p.

part

profit-and

'

railway___J.

oper.

ry.

a

man¬

group

Operating revenues
Operation
Maintenance

1949

...

State

taxes

and

$998,074

604,390

604,768

61,541

......

Federal

income

....

Income

92,733

84,194

35,450

Gross

income

$200,045

.

deductions

deductions

——

...

income

Net
Sales

—V.

Total

«——

...

of

$787,330

electricity

170,

(kwh.)

Net

Per

—V.

share
170,

of

p.

52,211

$145,010

common

1742.

"

stock

(132,800

shares)

$497,450

$120,592

55,035

income..

,

120.867,174 117,735,465

988.

p.

$68,382

$1.09

$0.51

Younker Brothers, Inc., Des Moines,
.

272,316

102,131

92,566

...

taxes

income

Gross

42,399

108,913

^

income

1948

$1,151,649

Depreciation
General

Non-operating

of

security dealers, including the dealer managers, to solicit subscriptions
to purchase the additional shares of common stock
offered.—V. 170,
1539.

'

share

of

distribution, at, the rate of one .additional ordinary registered share
for„ each ordinary registered share held,; The Committee further

244,816

v

?

—V. 170, p. 1441.

Net

400,000 shs.

to

330,219

J

the „credit

"

said.

share

a

this

at

from

from

—V.

to aggregate principal amount but subject
of the indenture under which the bonds

efforts

191,786

stock dividend of lone
fo take the place of

a

company

$1

From Jan. 1—

/

$1,250,000

(dealer managers),

best,

538,987

raiIway„T___

oper,

Net

SUBSCRIPTIONS—Company has entered into an
Hall ft Co.
(Inc.), Chicago, and The First

their

ry.

Gross

Harris,

Lincoln, Neb.

721,432
326,409

W

of

Jrom

Net

Gross
and

issuable.

"SOLICITATION

proposal,

capitalized.

quoted

,

share____

tills

from

be

250,000 shs.
:

as

declare^

Sept. 30—

September-^Net

from

2,500,000

$25)

(par

(par

debentures)

*

1977—„

at

*

New

Total

Net

41

3'e7r, due Dec. 1,

stock

common

Authorized

333^, due Dec. 1, 1978
sink, fund debs., due Nov. 1,

2,885,829

"

From ,Jp n. 1—>

3'r, due July 1, 1975

on

Other

f

14.162. shares' of

Series C.

2,950,298

1949, and that the

construction

bonds

mortgage

Series A.

3,350,890

snares

,

Dec.

sinking fund

'

,/

.

of

3Vz%

of ,$1,
pej*
share on
o( record Nov. 22,
Sept. 7, last, and on
cents* per

f20,000,opo by the

The Gqmmittee

Electrical-Instrument Corp. (& Subs.)—Earns.

attributable

Gross

necessary

CAPITALIZATION

•

to

issuance' of

25,582

.

I'i'S.

.

funds required to finance this construction program to the end of 1950
are
expected by the company to become available • from the sale to
of approximately $1,500,000 first mortgage bonds in
,thq
early part of 1950, and from treasury funds and ether internal sources
such as provisions for depreciation and amortization and
undistributed
earnings.
"
r.

24,383

"

institutions

(Adjusted

34,669

in¬

obligation of the purchaser of the debentures will be conditioned upon

to

paid

was

dividend.

25

holders

1473,

record at; the close of business 011 Nov.
American depositary receipts upon
receipt

38,604

Coal Co.—Declares Stock Dividend—

14

163,

Wheeling

out-of-pocket

the. company receiving not less than $250,000 from the sale of the additionalshares of common stock now offer
TAe "pet proceeds to be received by the company from the sale of the

additional

6-to

,;-s,

to the execution

before

33,641

, 1946 ' ^
$321,633

69,440

$345,312.

period, cost of moving machinery, equipment,, and
subsidiary, the C. J. Tagliabue Corp.,. (N. J,'), acquired
on Jan.
19, 1948, amounted to $265,435.
Earned surplus was charged
in the amount of $159,261, which is the remainder
of the: total cost
after deducting $106,174 for the related reduction in Federal
income

.

bentures. ,w.U be

79,384

;;

have

apd

per

*During

agreement, for the sale
to
an /institutional; investor,
at
plus accrued interest,'1 of $1,250,000 YkVo 'i sinking fund de¬
due Nov: I, 1969.
It,is expected that the sale of such de¬

100.72-'.r,

bentures,

year

inventories

of

$25,000

$383,696

85,552

.

2,996,78$
492,964
^
197,900

-

company paid

Earnings

subscription
all such shares, the
(equivalent to

$1,000.

of

York Stock
Exchange, has received,, hdt)Ce. froniiGuaranty
,9} New York, depositary, that, sub'jecc to the above stock¬
holder?' approval of the increase-in capitalization, such share
bonus
wift. be distributed by it on Nqv, l7,,T949,J..to'.hdldefs of the
American
depositary receipts representing
the .ordinary

',

profit after taxes....
Capital shs,, outstanding

$272,402

estimated

I The

fund

vv'" !■•

1947 T;

*

be

ican

ceitificatcs, the

9 Mos. End.

by

shares

"

; 1349

;(

Net

the

of

than

The company has arranged, subject

purchase

not

are

that

company

the

$19r23 per sharei, after deducting
cluding; the dealer managers' fees
expenses

which

assumption

sold

the-dealers'

to

shares

the

on

are

sinking

held,
the
cash
voted at this time. This distribution will be made
.stockholders of record Nov... 17,. Fractions will be paid

to

Weston

the

common

will

fupd, interest

-

each

amount.—V.

extend

the

upon

approved

standlpg. to

usually

15

this

\v*;!

vary

amount

161, p.

sum^bf £7;500,000^ forming

$2,241,474-; $^2,647,873

r"."

scrip

of

the company from the sale of the additional shares
offered

'$795,371

$346;i87

income—

director^

:,oThe

warrants are exercised and
upon the amount of com¬
missions the. company will be required to pay to dealers.. Also, there is
no firm
commitment on the part of underwriters or others to purchase

p.

1,111,130

439,199;

1

metalicizing of rural

V

The proceeds, to

the

."^76,038;

;

41,755

Alabama—Earnings
u

1441.

p.

dividend

conversion of three magneto exchanges to dial service
magneto exchanges to common battery service.
Estimated
expenditures ot $70,000 for gas and water properties will be for general
Improvements of the existing systems necessary to serve additional
,,

of

rail way

for

Dec.

and; three

to

-

$325,308

railway---^—' /:•

170,

stock

the

customers'.

Dec.

$1 Extra Div.—

extra

an

dividend

an,,, extraordinary general" meeting hellS" on
that
the
capital of. the compgny be
creation, of 30,000,000 new ordinary
shares of 5s, each, which will be Issued,
to' holders bf the present
outstanding 30,000,000- shares of-ordinary stock as a
100%
stock
diyfdend tq holders of.ordinary stock of record
Nov. 11,
1949.

'

Riy.

oper.

..The

for

transmission and distribution lines, sub¬
Expenditures for telephone properties are
$657,0C0 and are to be madp

serve

payable

like

of

shareholders

increased

$3,059.7I1^^4;161,584

■//

approximately

principally for extensions

are-

476,073

.

Westmoreland

.

also to

expected

5%

503,988

for contingent charges, i.e., capital
general' mortgage -4 V2 rU - income bonds,
purposes.—V. 170, p. 1539.

from

—V.

;

utility

new

-

railway.--.-—'Net. ry.'Oper. .incomeii-

,

are

from

Net

customers,>ince tl\e close of the war/ During the period
to Aug. 3l!, 1949, gross expenditures. for property
to

An. extra

declared

quarterly

w (F.
W.) WOolworth & Co., Ltd., London, Engl&ndUOrdinary Shares Increased—To Pay 100% Stock Div.—

$2,555,723' $3,685,511

$880,013"
42,886

38,612

.

From Jan. 1-H
,\l Gross from railway

approximately $2,893,000 is to be expended for electric properties, in¬
cluding "expenditures necessary for the completion by the end of 1949
of
^additional generating units at Ness City, Great. Bend, Dodge City
and Phillipsburg,
Kan., having a total capacity of 12,230 kilowatts,'
and;,the, construction' by June, .1950, of a generating unit with a
capacity, of 5.000 kilowatts at Concordia,, Kan.
Substantial expendi¬

3V2,7c

$413,482

49,562

pii

from

Net, ry.

.

substantial

a

directors

regular

Sept. 3, 1948.—V.

r

was added.
Additional growth of new customers in tne!ter¬
ritory Is anticipated for the immediate future/. The company estimates
that gross expenditures for
plant and property from Aug. 31, 1949 to
Dec. 31, 1950 will amount to
approximately $3,620,000. ,Of this amount

First

49,426

September— 1

Gross

1948

amounted

customers;

t.

$'830,587

L*

income

Wfest^rii

■

*!*

wap the company has been "engaged in a large expan¬
the increasing' demands for utility, service in the

service

'»■

$360,451

and, other corporate

to.meet

program

additions

• Net

FINANCING—Sincp

.

the

740,677

756,011

r-V 53,031

charges J

reqiiirenien'tg

,

values.;?'!;

used

98,938

'Amount available

12. communities

in

8

The

'! '

...

CONSTRUCTION

from

122,043

'

income,

•

Fixed

"/'I *'
j. •
.; ■•.V
the JL2 months ended Aug.
31, 1949,, the company derived 67.5
gross operating revenues from electric
operations, 22.5'//;from
telephone^ 5-.2'r Trom natural gas; 1.7'* .fromwater, and XYJ* from ice.
Opier^t.ons in the State of Kansas account for approximately 82, of
the company s, total
operating .revenues and p\'[i of property

lines

Dr)

.,•;■*

-Us

tures

$4,426,188

Nov,.,.,!!

For

from

(net

Tola!. incqme
Misc. deductions

companyralso jsuppllpdi .tqlpphpiie,

customers

the

$'3,311,734

-

to 47,078
"subscribers, iff 193. communities I and adjacent rural
territory in \Lssouri,. Kansas; Oklahoma and llowa, as • well as
natural
gas tp 4,331
customers jn H. communities in Kansas, water to 3,979

sion

$929,525

company

service

Nov.

fjhare ,and,,the

the,conunoq.,stock, botlv

ry.,hper.i income-*

Other

is engaged principally in .supplying electric and tele¬
phone;'setvice. '.As of Aug. 3'if* 1949,.
the^xompany supplied- electric
service to 44.771 customers in 146
comqiuhitlies^ij Kansas and 12 com¬
munities in Missouri, as Well as in adjoirfingftfthil
territory, 'The four
largest cities sehrea are Great
Bend.poftgq.Cfty, Liberal and Concordia','.
Kaii.
Electric
energy is also supplied 'at wholesale to 13 municipalities
in Kansas*. As ot, the
same date the

of

-6n

*

.

surviving

the

878,250

Woodward Governor Co.—To
Pay

954,369

1,517,8,71
915,840'

___—;—

,Net

crit Aug.. 11, 1945,. of Western Light
Power

121,279

J

Harris,

purchase such shares.

BUSlNESS-^Company, is

the merger, effective"

Tejpphoaie Co. (Deb), into Kansas

-T^e

the

016.590

$7,814,268

•

,

h13Tdr^

530,485

64,925

tax

other

Tents

.

BaU. ft CO.

937,119

1949.-

■

stock

$5,110,512

113,623

i.*.

Equip, and joint facility

of Chicago.
\uv> *: ■'
" * <'>
-"*•■■■ <■ ''■*■■■■■
paht of the 14,162 shares of common stock offered is
being under¬
Company, however,*has. agreed to».*ell to Harris, Hall ft Co;
(Ine.); at the subscription price to stockholders, any shares of such
No

$1,694,912

103,990

opers.

T__

v,Ry. oper. incomei'-i.^-' ■k $482,494

'

&

Trust Co.
written.

$775,682

124,273

ry.

accruals—

*

'/

Bank

fr.

rev.

tax

Payroll
Income

On

shares

Nov.
(no

4

a

par)

derson & Co.,

letter of

notification

stock, to
Des Moines.

be sold

was

filed

la.—Filing—

with

the

SEC

at $27.50 each through T.
Proceeds go to selling stockholder.

for

1,000

C.

Hen¬

52

(1960)

THE

COMMERCIAL

STATE AND

&

FINANCIAL

CHRONICLE

Monday, November 14,' 1949

CITY DEPARTMENT

•

♦Hi!

BOND PROPOSALS AND NEGOTIATIONS

p

ALABAMA

the

Bond
<000

Sale

Details—The

natural

purchased

gas

by

exceeding

$610,-

about

noted in

.

3.31%,

as

170 p.

1846,

v.

$264,000
J

31/2S.

Due

from

-

3y4s.

as

1967

Due

to

1979

the

to

The

Depart¬

bonds

be furnished
at the expense

the

School

District,

offered

1847—were

inclusive.

will

Nov.

7—v., 170,

awarded

the

to

Wil¬

Torrington,
Note

Conn.

SZlsinore

Union

High

Sch.

Bond
bonds

Sale—The

offered

1742—were

Due

1959

County (P. O.
Riverside), Calif.

Dec. 12 from 1950 to

on

inclusive.

The second high¬
Wesley Hall & Co.,
price of 100.52.

7—v.

for

170,

3s, at

a

Rosa Sch. Dists., Sonoma
County (P. O. Santa Rosa),

1

the Bank
of America National Trust & Sav¬

Calif.

West

Bond
Offering — Walter H.
ings Association, of San Francisco,
as 2V4s, at a
price of 100.01, a basis Nagle, Clerk of the Board of Su¬
about 2.24%. Dated Dec.
1,1949. pervisors, will receive sealed bids
Due on Dec. 1 from 1950 to 1959 until 11.30 p.m.
(PST) on Nov.
28 for the purchase of $890,000 not
inclusive.
to exceed 5%

High Sch. Dist.,
Glenn County (P. O.
Willows), Calif.

Bond

bonds

Sale—The

divided

$111,000

as 2y4s.
Due on Dec.
from 1950 to 1965 inclusive.

24,000

2V2s.

as

Due

Dec.

on

in

from 1966 to 1969
inclusive.

1, 1949. The second
highest bidder was Blyth & Co.,
for $77,000 as
2y4s, and $58,000 as
2.V2S, at a price of 100.06, a basis

County Housing
Authority, Calif.
'

:

awarded

at

Department

of Water and Power
electric plant

revenue, Issue of

registered
1949.

1949,

bonds.

coupon or

Dated

Denomination

Nov.

$1,000.

1,

Due

$500,000

on
Nov. 1 from 1950 to
1989 inclusive. The bonds
matur¬
ing on or after Nov. 1, 1955, or

any

at

of

them,

may

the

be

redeemed,
Department,

option of the
Nov. 1, 1952, or on
any interest
payment date thereafter
10

maturity,

at
redemption
price
with respect to each
such redeem¬
able bond equal to
100yt% of the
principal amount thereof, plus y4
of 1% of such

principal

Tor each whole 12
months'
and for any
a

amount

period,

remaining fraction of
months' period,
from the

12

■date fixed

for redemption to the
maturity date of. such bond, but
exceeding 103% of such prin¬
cipal
amount.
Such
proposals

not

may

specify

one

or

more

interest

rates; provided, however, that
interest
which

1%;

rate

is not

a

provided,

terest rates

be

shall

specified
•

:n>

on

be

specified

multiple of

further,

no

y4

that

of

in¬

the bonds shall not

which would result in
'




the

&

First

be

Cutler,

furnished

basis

a

of

from

1950 to

1969

and

1974.

1,

Jan.!

1950.'

Principal

10

exceed

5%

Dated

%'%

interest

bonds,

nomination $1,000.
Dec. 15 from 1950

1,

1949.

Dec.

on

15,

1949.

1

Due

from

$350,000

1950

1969

to

bonds.

Dated

Oct.

1949.
Due April
1, as follows: $100,-

:

000

from

1952

to

1,

1963

inclu¬

sive, and $80,000 in 1964.
3,639,000 capital
improvement
1949

bonds.

1949.

Due

lows:

Dated

on

Dec.

1,

$182,000

from

inclusive,

1968

Dec.

and

1.

fol¬

as

1950

to

$181,000

in 1969.

450,000 hospital
bonds.
Dated
Dec. 1, 1949. Due on Dec. 1,
follows:

to

1959

000

$22,000 from 1950

inclusive,

from

1960

and

to

clusive.

1969

Series

A

military

bonds.

from 1950 to

1

in¬

.

Dated

1, 1949. Due $300,000

on

pay,

Dec.

on

Dec.

1969 inclusive.

10,000,000 school, Series A bonds.

Principal and interest (J-D)
payable at the County Treasurer's

Dated Dec. 1, 1949. Due $500,000 on Dec. 1 from 1950 to

office.

1969 inclusive.

sive.

A

certified

check

for

3%

of

the
bonds,
payable
to
the
Chairman of the Board of
Super¬
visors, is required.

Jefferson
*

County Sch. Dist. No.
(P• O. Golden), Colo.

v

Bond

Offering—Mary

Secretary of the Board

I

Mohler,

of Educa¬

tion, will receive sealed bids until
8 p.m. (MST) on Nov. 15
for the
purchase of $350,000 not to exceed
2%%
interest
building coupon
bonds.

Dated

Nov.

1,

follows:

1952;

$14,000

$15,000

in

$16,000 in 1955
in

1957 and

and

1960;

on

in

and

and

1954;

1956; $17,000

1958; $18,000 in 1959
$19,000

in

1962; $20,000 in. 1963;

Bank

rate

of

■

of

the

State

1961

and

$21,000 in

of

name

interest, expressed in

a multiple of
V4 of 1%.
The ap¬
proving opinion of Reed, Hoyt &
Washburn, of New York City,
,

will

be

furnished

chaser.

A

$560,000,

Treasurer,

to

certified

payable

is

the

(EST)

purchase of

the

required.

$58,000

City Clerk and Comptrol¬

ler, will receive sealed bids until
(EST)

purchase

of

services taxes

1964 and 1965; $22,000 in 1966
and

registered

1967, and $23,000 in 1968 and 1969.

^nt.

Bonds maturing in 1960 to
1969, to

000.

J,

due

on

Nov.

10 for the

$750,000

revenue

utilities

coupon

certificates.

on

Sept.

1,

as

or

Dated

1949. Denomination

follows: $50,000

as

from

1951

$1,-

follows:

to

1957

interest

any

after

said

June

on

inclusive;

payment

or

date

respective dates. Prin¬

cipal and interest

(J-D) payable
County Treasurer's office.
approving opinion of Chap¬
man
& Cutler, of
Chicago, will
be furnished to the
purchaser by
the County. A certified check
for
$15,000, payable to the County
Treasurer, is required.
V
the

at

INDIANA

-

Angola, Ind.

Nov.

on

Bond

$1,925,000

from

1955

to

1959

$66,000 from 1960 to
inclusive; $68,000 from 1964

1963
to

1969

1970

inclusive; $72,000,, from
inclusive, and $74,-

to

Sale—The

1

$65,000

!

water

000

the

—

awarded

Corp.,
1950

in

1975

First

to

1979

inclusive.

National

Bank,

of

At¬

to

Clinton County

cost

A

$38,500,

payable

Board

1634

p.

of

the

to

certified
to

pur¬

check

the

Education, is

for

County

&

(EST)

pm.

Nov.

on

15

for

the

purchase of $325,000 23/4% school
registered bonds. Dated
Nov. 1,
1949. Denomination $1,000.

Due

Jan.

on

1,

$11,000 from 1951
sive, and $12,000
inclusive.

terest

to

follows:

as

1973

from

inclu¬

1974

to

Principal and in¬

(J-J) payable at the Trust

Company of Georgia, Atlanta,
other

be

chaser.

in

designated

Atlanta

101.26,

1

from
-,
^

$600,000

awarded

to

the

by

the

of

Atlanta,

to

the

will

purchaser

be

fur¬

$6,500,

payable to the Board of Education,
is required.
"
-

IDAHO
Bannock

County (P. O.
Pocatello), Idaho
Bond Offering — Anna
Keefe,
County Clerk, will receive sealed
for

10

the

a.m.
(MST) on Nov.
purchase of $550,000

not to exceed 3%

bonds.

Dated

interest hospital

Oct.

1949.

1,

nomination $1,000. Due

follows:

on

$20,000 from

1951

inclusive; $30,000 from

to 1964 inclusive and

to

1969

and interest

County

De¬

Oct.

1,
to

1958

$40,000 from

inclusive.

Principal

(A-O) payable at the

Treasurer's

office,

or

20, 1949. Due

1950

to

..

Note

Series

July

on

1965 inclusive.
'

>

•

••

.

•

■

•

•

'r1

•

;

Sale—The
notes

$273,000

offered Nov.

11th

3

were

awarded to the Chemical

Bank &
Trust Co., of New York, and As¬

sociates, at 0.82%. Dated Nov. 29,
1949. Due on Dec. 1, 1950.
\
Madison, Ind.
Bond Offering — Catherine E.
Widman, City Clerk, will receive
sealed

bids

until

2

p.m.
(CST)
purchase of
$300,000 not to exceed 4% inter¬
on

Nov.

pon

without

A certified check for

and

Wayne Housing
Authority, Ind.

est

pur¬

Chicago,

Fort

as

approving opinion of
Sibley, Troutman &

of

basis of about 1.34%,

a

_

or

The

Spaulding,
Kelley,
nished

bank

Co.,

Dated Oct.

required.

(P. O. Griffin), Ga.
Offering — B. C. Alliff,
Secretary of the Board of Educa¬
tion, will receive sealed bids until

1965

were

—

Trust

of

Bond

"1957

Sale—The

hos¬
pital bonds offered Nov. 7—-v. 170,

Spalding County, County Sch. Dist.

as

(P. O.

Frankfort), Ind.
Bond

without

nished

cost.

July 1 from

on

inclusive.

Goldman, Sachs & Co., of New
York, jointly, as l%s, at a, price

chaser.

such

1971

Continental Illinois National Bank

approving opinion of
Spaulding, Sibley, Troutman &
Kelley, of Atlanta, will be fur¬

1979

the
City Securities
Indianapolis.
Dated

The

lanta.

3

to

of

1974

bids until

10 a.m.

terest

Aug. 1, 1949. Due

30

Certificate Offering— L. Press-

(CST)

1954;

for

State

Lakeland, Fla.

grove,

2%

coupon bonds. Dated
Nov. 1, 1949. Denomination
$1,000.
Due on Nov.
1, as follows: $25,000 in 1950;
$52,000 from 1951 to

pur¬

check

to

FLORIDA

Nov. 1,

1951

1953

and

Farmers

1949. ' De¬

nomination $1,000. Due
as

Denomination $1,000.
Principal
interest
payable
at
the

and

the

the

a.m.

purchase of
juvenile detention

works revenue 1949 bonds
offered
Nov. 4
v.
170, p. 1643 — were

may

Delaware, Dover. Bidders to

COLORADO

for

a.m.

coupon or

1

6,000,000 veterans'

$23,-

inclu¬

1974

until 11

Principal and interest payable at

1,280,000 highway refunding 1949

De¬

$1,000

fol¬

as

inclusive.

building

Due
to

divided

or

bids

10

the

K

inclusive;

Dec.

Nov.

$25,000 not

interest
Dec.

coupon

$7,000,000 highway improvement
1949, Series A bonds.
Dated

sealed

on

22

lows:

as

receive

15 for the purchase of

bonds.

2

registered

Hallowell,

(PST)

a.m.

1

the

Calif.

County Clerk, will

until

ex¬

,t

interest

Nov.

for

Secretary of the County Board of
Education,
will
receive
sealed
Mc¬

for

to

1968, $16,000 in 1969
1970, $17,000 in 1971 and
1972, $18,000 in 1973, and $21,-

bids

until

22

The

County, County Sch. Dist.
(P. O. Decatur), Ga.
Offering—J. D. Cherry,

?

purchase of $23,369,000 not to

on

re¬

Bond

ceed

in

sealed

is

DeKalb

(EST)

bids until

,

2%

GEORGIA

in¬

p.m.

Ventura),

to

for

J.

coupon bonds. Dated Dec.
1, 1947. Denomination $1,000. Due
on
Dec. 1, 1957; $350,000 thereof
optional at par and accrued in¬

will

■..■V-;.'/'

.

Due

1969

DELAWARE

Chicago,

the purchaser. A

Michael

—

home

on

about

Dated Nov. 15, 1949.
15

of

to

check

22

on

prior

100.64,

City

sealed

1

man

p.

bids

Nov.

on

21£% school

Bond Offering—L. E.

15

lor the purchase of
$20,000,000 not
to exceed 4% interest

awarded to

170,

Offering

$400,000

July 1 from 1951 to 1964
Optional July 1, 1954.
approving opinion of Chap¬

receive

Elementary School District,
Ventura County (P. O.

the

Nov.

7—v.

Delaware (State of)
Bond Oriermg—Jtiarris B.

1958,

Summit

William Street, New
York, N. Y.,
on

Nov.

sealed

on

clusive.

Board of Supervisors, is required.

Corporate Trust Dept. of the Na¬
tional City Bank of New
York; 22

Bond

on

(EST)

p.m.

County (P. O. Chicago), III.

Flynn, County Clerk, will receive

The

$934,000 school

Cooley & Co., of
jointly, as IV2S, at a

of

Nov.

on

tified check for 10% of the
bonds,
payable to the Chairman of the

Offering—Joseph L. Wil¬
liams, Secretary of the Board of
Water and Power
Commissioners,
will receive sealed bids

(EST)

and

(J-J) payable at the
County Treasurer's office. A cer¬

Angeles, Calif.

certi¬

inclusive.

quired.

price

fol¬

as

Due

Dowell, Jr., Secretary of the State,

Dated
and

Bond

ILLINOIS
Cook

Nov. 29 for the purchase of
$100,000
water
revenue
certificates.

&

will

000 in

,-

&

a.m.

1957

1965

to the Central
Hanover
Trust Co., of New
York,
0.79%.
Dated Nov. 29, 1949.
Due on Dec. 1, 1950.

without cost. A certi¬
fied check for 5% of the
bid, pay¬
able to the County, is required.

Trust

the

receive

7:30

on

purchaser

pay¬

A

held

Oct.
18, ■ 1949.
opinion of Persh¬
ing, Bosworth, Dick & Dawson, of
Denver, will be furnished to the

bid,
City, is required.

will

until

certified

and

—-

10

1,

bids

Hartford,

Dis¬

bonds. Due Jan. 1, as follows:

Kern

until

School

$10,000 in 1950, $11,000 in 1951
to
1953, $12,000 in 1954 to
1957, $13,000 in 1958 to 1961,
$14,000 in 1962 to 1964, $15,000

■of about 2.41%.

Los

Elementary

in

Dated Dec.

Bank

1743—were

1.43%.

1970, $26,000
1971, $27,000 in 1972 and
1973, and $32,000 in 1974.
350,000 High School District

1

at

cost.

2%- of

to the

Commission

Hartford, Conn.

offered

for

000

1

'

Note

election

ox

interest

without

$20,000 in
1959 and 1960, $21,000 in 1961
and 1962, $22,000 in 1963 and
1964, $23,000 in 1965 and 1966,
$24,000 in 1967 and 1968, $25,-

Sale
The $425,000 9th
Series notes offered Nov. 3 were

and

Irving Trust Co., New York

The approving

interest,

Manufacturers

check

Boston Corp. and

$17,000 in 1952 and 1953, $18,000 in 1954 to 1956, $19,000

,

follows:

as

inclu¬

Pompano Beach, Fla.
Certificate Offering—The

lows: $16,000 in 1950 and 1951.

ings Association, of San Francisco,
at a price of
100.11, a basis of

2.31%,

bonds

interest school bonds

trict bonds. Due Jan.

$135,000 school

Nov. 7—v. 170, p.
1540—were awarded to the Bank
of America National Trust &
Sav¬

the

payable

170, p. 1743—
Day, Stoddard &

Bond Sale—The

follows:

as

$540,000

offered

about

Nov.

awarded to

highest bidder was Estabrook
Co., at 0.86% interest.

Santa

p.

to

Hamilton Union

at

fied

Williams,
of
New
Haven,
at
0.82% interest. Dated Nov. 8, 1949.
Due on May 8, 1950. The second

est bidder was

$100,000 school

Nov.

awarded

City, at the holder's option: These
bonds
were, authorized
at
the

1975

to

4—v.

were

Dist.,

Riverside

Principal

purchaser

fered

at the

Co., New York City. The approv¬
ing opinion of Caldwell, Mar¬
shall, Trimble & Mitchell, of New
York, will be furnished to the

$300,000 First
anticipation notes of¬

1950.

CALIFORNIA

1952;
1954;

multiple of

a

able

Sale —The

District tax

in
in

the rate of

in

1%.

CONNECTICUT

Co.; of Los Angeles,
as 2%s, at a price of 100.13, a basis
of about 2.73%.
Dated Dec. 12,

1955

name

expressed

to

p.

liam R. Staats

Dated Nov. 1, 1949.

ders to

purchaser
of
tin* District. A certified check for
5% of the bonds is required.

San

1951; $60,000
1953; $70,000

sive; $80,000 in 1953; $90,000 in
1959, and $110,000 in 1960.
Bid¬

County Treasurer's office.

Denver,

in
in

$75,000 from

approving opinion of Persh¬
Bosworth, Dick & Dawson,

ing,
of

Diego
County (P. O. San Diego), Calif.
Bond Sale—The $60,000 school

1

the

at

for

payable

1

Nov.

on

certified, check

quired.

sold

Nov.

on

A

$50,000
$65,000

interest date thereafter. Prin¬
cipal and interest (M-N) payable
any

Water and Power, is re¬

from 1952 to 1966 inclusive.

-346,000

be redeemable at the
option of the
District on Nov. 1, 1959, or on

The

annum.

$40,000,

Pauma

as

per

ment of

previously
were

4%

furnished.

follows:

as

incurred

of O'Melveny
Myeis, of Los Angeles, will be

&

&

Co., of
Kew York, and
Associates, on a
bid reflecting a net interest cost
of

be

to

cost

approving opinion

bonds

revenue

Shields

interest

cnrough the issuance of the bonds

Jasper, Ala.

18

for

the

sewage

works

revenue

bonds.

Dated

Dec.

cou¬

1,

1949.

Denomination

$1,000. Due $3,000
$4,000 July 1, 1952, $4,000 Jan. and
July 1, 1953;; and
1954, $4,000 Jan. and $5,000 <fuly
1, 1955, $5,000 Jan. and July 1,

Jan.

and

1956 and
1957, $5,000 Jan. ..and
$6,000 July 1, 1958 and 1959, $6,000 Jan. and July
1, 1960, $6,000
Jan. and $7,000
July 1, 1961 and
1962, $7,000 Jan. and July 1,., 1963,

$7,000
1964

Jan.
and

and

$8,000

1965,1 $8,000

July 1, 1966

and

and

$9,000

July

Jan.

and

$9,000

July

Jan.

1971

and

1972

and

deemable

and

1967, $8,000 Jan.
1,

1.

1968,

1969

and

$9,000

and

$10,000

1970,

July'l,

$10,000 Jan. and July 1,
1973.
at

City, in whole
inverse

July. .1,

Jan,;

All
the
or

bonds

option

are

re¬

of

the

in part, in their

numerical

order,

on

any

interest payment date after issu¬
ance,

the

at face value, together with

following

premiums:

8%

if

Volume

170

redeemed

on

Number 4855

before

or

Jan.

THE

COMMERCIAL
vV

1,

M

"

&
"

■

FINANCIAL
,***>--

*'

+•>

_

'

CHRONICLE

\

*

.

if redeemed

6%

nished
fied

on

New

kens,

purchaser. A certi¬

for

Albany Sch. City, Ind.
Offering—H. Scott Pic¬

Secretary

School

the

of

Trustees,

Board

will

of

receive

.sealed bids until 0 p.m. (CST) on
Nov. 22 for the purchase of $250,■000

not

to

exceed

building

of

1949

3%

interest

bonds.

Denomination $1,$7,000 on July 1, 1950;
.■$6,000 on Jan. 1 and $7,000 on
-July 1 from 1951 to Jan. 1, 1968
$3,000

and

Bidders to

;I969.

intrest,
of

July

on

I,

the rate of

name

expressed in a multiple
The approving opin-

to

4%

before Jan.

out

payment

.A certified

able

check for $2,000, pay¬

the

to

School

quired.

City,

is

re¬

of the District

(P. O.
Westport), Ind.
$63,350 bonds

Bond

Sale—The

offered

Nov.

5

awarded

were

Note

basis of about 1.64%, as follows:

a

:$35,500 Sch. Twp. bonds. Denomi¬
nation

$500.

$1,000, except
Due

$500

July

from

1

for

July 1,
Jan. 1 and
to Jan.' 1,

on

.1951, and $1,000
..

one

on

1952

1969.

27,850

Civil

Twp. bonds. De¬
nomination $500, except one
for $350. Due $350 on July 1,
1951; $1,000 on Jan. 1 and
$500 on July 1 from 1952 to

'

Jan.

1968 inclusive, and
Jan. 1 and July 1,

1,

$1,000

on

Series

Dated Dec. 1, 1949. Legality ap¬

by

Miller,

Ross,

McCord,

of Indianapolis.

Ice

The

&

sec¬

ond highest bidder was Westport
Union Trust Co., Westport,
for

l34s, at

price of 100.26.

a

Sold—An

issue

gymnasium

of

$20,-

construction

foonds has been sold to Wheelock
-&

Trust

Cummins,

of

Des

Moines,

as

2s, at a price of 100.71.

29,

1950.

interest cost of about 2.89%. Dated

Feb. 15 from

^.92%.

tric

Sale—The

light

bonds

and

offered

to

1974

on

1, 1949. Due
Bond

to

to

1

1

Due

$5,19501 to

from

.lf

#

25,000

trunk
Oct.

on

bonds."

sewer

1,

as

1950

from

to

follows:
1954

Du«>

$3,000

inclusive,

and $2,000 from 1955

,

195fr

to

inclusive.Dated

Oct.

1,

1949.

Denomina¬

tion $1,000.

Principal and interest
payable at the First National Bank,
of Boston.
Bidders to name the
rate of
interest, expressed in a
multiple of va of 1%. The approv¬
ing opinion of Storey, Thorndike,.

Palmer
be

&

Dodge, of Boston, will

furnished to the purchaser. A
check
for
1%
of
the-

certified

bonds, payable to the city, is
quired.

re¬

.

'

'

'

'

*

4

MICHIGAN
Albert

Township School District
Lewiston),

No. T. U. (P. O.

Michigan

name

Bond

a

Offering —Mary

on

Nov. 24,

in

a

single

■

O,

callable.

*

Bond

E„

Cal¬

Town

(EST)
chase

of

divided
Bidders to

the rate of in¬

name

terest, expressed in

multiple of
Principal and interest

1%.

of

a

bids

Nov.

on

14

Dec.

1,

from

1950

1960

on

$25,000
inclusive,

1958

elec¬

revenue

170,

p.

Juran

&

Bond
of

the

Sale

from

1951

inclusive.

Dated

Postponed—The sale

bonds.

1* from

$887,000 not to exceed 2%
bonds, originally sched¬

interest
uled

for

Nov.

7

has

been

Dec.

to

1,

1949.

$1,000. Bidders to
of

interest,
va

name

1/10

or

the

in

expressed
of

on

a

were

9—v.

170,

1848—
awarded to the Harris Trust
p.

Quincy

Housing

Authority,

Mass.

Note Offering—Louis A. George,

&

or

as

called

for

follows:
for

re¬

prior to July

prior to July 1, 1956; $5

or

out

bond

called for redemption
July 1, 1956, but on or prior
to July 1,
1958; and no premium,
shall be paid on bonds called for
redemption after July ; 1^ 195&

Boston.

Nov.

premium

a

bond

on

after

or

after

post¬

Principal and interest payable in
The approving opinion
Chelsea, Mass.
Storey, Thorndike, Palmer &
of Boston, rwill be fur¬
Bond Sale—The $319,000 transit Dodge,
assessment loan, Act of 1949 bonds nished to the purchaser.

date

on

and accrued
fixed for re¬

redeemed

so

each

on

each

1%.

of

offered

the

par

lr
1954; $10 on each bond called for
redemption after July 1, 1954, but

Denomina¬

,

Additional Sale—The $98,500 tax
bonds offered on same date were

at

plus

$15

1979

District, in in¬
on any in¬

date

interest to

demption

rate

of

1953,

each bond

Due $5,000

1950

tion

multiple

the

payment

July 4,

1959 to 1969

be redeemed at

may

demption,

sewer

Dec.

on

Mass.

1964

numerical order

terest

inclusive.

150,000

to

option of

verse

follows:
to

and $4,000 from 1958 to
inclusive. Bonds maturing in

1964

bonds,

Due

4%

clusive

the

bonds.

as

exceed

Dec.

on

of $50,000 net
interest building:

1951; $3,000 from 1952 to 1957 in¬

pur¬

coupon

$20,000* from

and

re¬

p.m.

the

for

2

follows:

$445,000 school

payable in Boston and New York.

until

$595,000

as

Mack¬

Treasurer, will

sealed

to

(EST)

coupon

■

Offering—Arnold

intosh,
ceive

Mass.

bids until 8.30 p.m.
7 for the purchase

inclusive.

7—v.

Nov,

Bidders to

Oct.

on

1959 inclusive.

»

interest, expressed in

Needham,

be

Brookline,

water

awarded

Due

1964.

piece for the entire amount in
fully registered form. Non-

Moody, of St. Paul, on a bid re¬
poned.
flecting a net interest cost of about
2.78%.

and

cessful bidder.

$200,000

Nov.

000

Principal and interest
payable at the National Shawmut

the rate of

Due

bonds. Dated Oct. 5, 1949.
Denomination $1,000. Due on July
1, as follows: $2,000 in 1950 and

1963

Rayville, La.
Bond

Dated

price of 100.29,

a

50,000 sewerage bonds.

inclusive.

Bank of Boston.

C. bonds.

The approving opinion of
Ropes,
Stubbs, Smith Gray, Best,
Coolidge & Rugg, of
Boston, will be furnished the suc¬

was

basis of about

a

Nov.

accrued

bonds.

sewer

Oct. 1 from 1950 tf>
1959 inclusive.
'
on

lers, Secretary of the Board of
Education,
will
receive
sealed!

1950.

Vs

1950 to 1969 inclusive. The second

Lombardo, at

Series

Dec.

—

&

$17,000

1959

Medford, Mass.

297,671.65 Series D bonds. Dated
,

ing and equipment bonds offered
Nov. 3
v.
170, p. 1541 — were
awarded to Volz, Caswell & Co.,
of
San
Antonio, at a price of
100.02, on a bid reflecting a net

highest bidder

on

any

1950 to 1959 inclusive.

170,000 trunk

1949.

to

1951

1950

in

Nov.

Sale—The $200,000 build¬

on

1 from

to

1, 1949.
Denomination
multiple of lA of 1%. The approv¬
$1,000. Due $13,000 on June 1
ing opinion of Storey, Thorndike,
and
$14,000 on Dec. 1 from
Palmer & Dodge, of Boston, will
1950
to
1962
inclusive, and be furnished to the
purchaser.
$13,000 on June 1 and Dec. 1

(P. O. Lake Charles), La.

Aug. 15, 1949. Due

on

Dec.

were

Calcasieu Parish Sch. Dist. No. 21
Bond

on Nov.
inclusive.

1953

house

Bidders to

name

the rate of inter¬

est, expressed in a multiple of V*
1%.
Principal and interest.
(J-J)
payable at the Lewiston
Bank, Lewiston. The approving
opinion of Miller, Canfield, Pactor

Savings Bank, of Chicago, and
Chairman, will receive sealed bids
a net interest cost of about
.288%, Chace, Whiteside, Warren & Sears,
at the office of the State Housing
as follows:
of Boston, jointly, as
W2S, at a
dock & Stone, of
Board, 18 Tremont Street, Boston,
Detroit, will be
price of 100.80, a basis of about
$57,000 street improvement, Series
until 11 a.m. (EST) on Nov. 17 for furnished to the purchaser with¬
Dated Nov. 1, 1949.
A bonds. Due on Nov. 1 from 1.34%.
Due
the purchase of $4,400,000 Second out cost. A certified check for $I,~
on
Nov. 1 from 1950 to 1959 in¬
1951 to 1969 inclusive.
Series notes. Dated Nov. 28, 1949. 000, payable to the District Treasr14,000 police station and public clusive.
Due on Nov. 28, 1950.
Principal urer, is required.
Bonds are dated Nov. 1, 1949.
rest
room,
Series B bonds.
and interest payable at such bank
Carmel and Eaton
Due on Nov. 1 from 1951 to Denomination $1,000. Due on Nov.
Twp. and City
or trust company as the
purchaser
of Charlotte Frac. Sch. Dist.
1969 inclusive..
1, as follows: $32,000 from 1950 to
designates. The approving opinion
No. 1 (P. O.
1958 inclusive and $31,000 in 1959.
Charlotte),
12,500
public
park,
Series
C
of Sullivan, Donovan & Heenehan,
bonds.
Michigan
>
Due on Nov. 1 from Principal and interest payable at
of New York City, will be fur¬
the National Shawmut
1951 to 1969 inclusive.
Bond Sale—The $390,000 builctBank, of nished
by the Authority.
Boston. Legality approved by
15,000 municipal stadium, Series
ing bonds offered Nov. 3 were
D bonds. Due on Nov. 1 from Storey,
Thorndike, Palmer & Webster Housing Authority, Mass. awarded to Stranahan, Harris &
1951 to 1969 inclusive.
Dodge, of Boston.
Co., Inc., and Watling, Lerchen &
,

Oskaloosa, Iowa
Bond

Dec. 1,

on

3

Hanover

Dated

or

interest date.

Co., of New York,

interest.

Due;

Nov.

Central

to
Barcus, Kindred
&
Co., of Chicago, on a bid reflecting

Alpha School District, la.
000

1949.

the

1974,

403,000

8th

awarded

IOWA

Bonds

&

$581,000

offered

to

0.77%

The

—

notes

1541—were

;;; 1969.
proved

Sale

awarded

to

•George F. Redelman, of Greensburg, as l3As, at a price of 101.006,

25,

Alexandria Housing Authority, La.

at

Sandcreek Twp.

-<

■(

LOUISIANA

Bank

•'

■

■

by the city. A certified check for
$500 is required.

City.

Due

1,

$3,000

inclusive,

addition
Due $30,000 on Oct. 1

bonds.

awarded to the Lee Higgin¬
Corp., Estabrook & Co., R. L.
Day & Co., both of Boston, and
Blair & Co., Inc.,
jointly, as IV4S,
at
a
price of 100.19, a basis of

Dated Nov.

1952

school

son

1.21%.

to

follows:

$2,000 from

from

were

about

as

inclusive.

300,000

Bond Offering—Ralph W. Wat¬
Series B bonds. Dated
son, City Treasurer, will receive
25, 1949. Denomination
sealed bids until 11 a.m. (EST) on
$1,000. Due on Nov. 25, as fol¬
Nov. 15 for the purchase of $509,lows: $102,000 from
1950 to
000 transit assessment loan, Act of
1978 inclusive, and
$4,692,000 1949
coupon bonds. Dated Nov. 1,
in
1979. Bonds
maturing in 1949.
Denomination
$1,000.
Due
1979 will be subject
to re¬
on
Nov. 1, as follows: $59,000 in
demption as a whole at the
1950, and $50,000 from 1951 to 1959
option

will be furnished to the purchaser

will be furnished

and

bonds. '* Rpe

sewer

1,

1950

from

Nov.

inter¬

redemption there¬
after.
The approving opinion of
Chapman & Cutler, of Chicago,

ioii of Ross, McCord, Ice & Miller,
of Indianapolis,

additional

trunk
Oct.

on

,

$7,650,000

1, 1965, and with¬

of

est if called for

of 1 %,

.at the expense of the School

23,000

,

amount

an

inclusive.
of the principal if
Dated Nov. 1, 1949.
redemption on or before
Jan. 1, 1956; 3% of such principal
Boston Metropolitan District, Mass.
amount if called for
redemption
Bond
Offering—Henry G. Gomthereafter and on or before Jan. 1,
1959; 2% of such principal amount perts, Chairman of the Board of
if called for redemption thereafter Trustees, will receive sealed bids
until 11 a.m. (EST) on Nov. 21
and on or before Jan.
1, 1962; 1%
for the purchase of
of such principal amount if called
$8,350,671.65
for redemption thereafter and on bonds, divided as follows:
equal

or

Dated

Due

inclusive,

'

called for

Nov. 22, 1949.

•000.

*

1,

$3,000, payable to
the City, is required.

Bond

* "

«C»-

Jan.

in

the

to

check

after

before Jan.

or

" 53

(1961)

<Vi|

KENTUCKY
1, as follows: $8,000 from 1950 tq
MASSACHUSETTS
""
*
~
\
1954 inclusive, and $7,000 from
Princeton, Ky.
Attleboro, Mass.
Bond Offering—Garland
1955 to 1964 inclusive. Principal
QuisenBond Sale—The
1961; 4% if' redeemed after Jan.
$392,000 bonds and interest
berry, City
Clerk, will receive offered Nov. 9—v.
payable at the Mer¬
1, 1961, and on or before Jan. 1,
170, p. 1848— chants National
sealed bids until 7 p.m.
(CST) on were awarded to Lee
Bank, of Boston.
1966; 2% if redeemed after Jan.
Higginson Bidders to name the rate of in¬
Nov. 14 for the purchase of
$21,1, 196S, and prior to maturity;
Corp., Blair & Co., Inc., and Rock000 water works revenue bonds.
land-Atlas National Bank, of Bos¬ terest, expressed in a multiple of
plus in each case interest to the
Dated Jan. 1, 1949. Denomination
1/4 of 1%.
The approving opin¬
.date fixed for redemption. Prin¬
ton, jointly, as l^s^at a price of
ion of Storey, Thorndike, Palmer
$1,000. Due $7,000 Jan. 1, 1971 to
cipal and interest (J-J) payable
100.57, a basis of about 1.42%, as
& Dodge, of
1973, optional for redemption by
Boston, will be fur¬
sX the First National Bank, Madi¬
follows:
the city prior to maturity on any
nished to the purchaser.
son. Bidders to name the rate of
water
bonds.
Due
on
interest payment date on or after $292,600
interest, expressed in a multiple Jan.
Nov. 1 from 1950 to 1964 in¬
Maiden, Mass.
1,1953, with a stipulation that
Bond Sale—The $533,000 transit
o£'% of 1%. The approving opin¬ the city will
clusive.
pay the holder of any
ion of Ross, McCord, Ice & Mil¬
assessment loan, Act of 1949 bonds
100,000 school loan bonds. Due
of such bonds thus redeemed ad¬
ler, of Indianapolis, will be fur¬ ditional
on
Nov. 1 from 1950 to 1969 offered Nov. 9—v. 170, p. 1848—
interest

1956;

1, 1956, and

r

Offerin g—Laura

H.

<

,

Spooner, City Clerk, will receive
.sealed bids until 4:30 p.m. (CST)
-on
Nov. 14 for the purchase of
$51,000

bonds,

street

divided

follows:

.■

'•

as

■

$15,000 construction bonds.
Due
$5,000 on Nov. 1 from 1951 to

,

Note Offering—John N. Barmby,

All the bonds

,

1949.

1953 inclusive.

,

.

$4,000

on

Nov.

1,

The

1949.

ap¬

proving opinion of Bannister, Car¬
penter, Ahlers & Cooney, of Des

Moines,r will be furnished to the
purchaser.

J

,

;

•

■

.

Bond Sale—The $45,000 city hall
bonds

1643—were

Des

Nov.. 7—v.

offered

awarded

Moines

to

National

170, p.

the

Iowa

Bank

&

Trust Co., of Des Moines, as l%s,
at

price

a

about

Due

on

was

100.08,
Dated

Nov. 1

inclusive.
der

of

1.23%.

from

a

basis

of

Oct.

1, 1949.

1951

to

1959t

The second highest bid¬

Otis & Co., for IV4S, at a

price of 100.07.




Offering

Chairman, will receive sealed bids
until 11 a.m. (EST) on Nov. 17 for

Mass.

Raymond M.
the
Davis, City Treasurer, will receive
—

sealed bids until 11

(EST) on
Nov. 15 for the purchase of $369,Hagerstown, Md.
Bond Sale—The $1,500,000 mu¬ 000 transit assessment
loan, Act of
nicipal electric light plant im¬ 1049 coupon bonds. Dated Nov. 1,
provement, Series 3 bonds offered 1949.
Denomination $1,000.
Due
Nov.
9—v.
170,
p.
1644—were on Nov. 1, as follows: $44,000 in
awarded to a syndicate composed 1950; $40,000 in 1951 and
1952, and
of Lehman Brothers, C. J. Devine $35,000 from 1953 to 1959 inclu¬
Co.,

Kean,

Spencer, la.

Everett,
Bond

MARYLAND

&

.

'

-

1,

>

Due

May 1 from 1950 to

'1958 inclusive.
Dated

dated Nov.

.•

36,000; improvement bonds.
.

are

R.

W.

Taylor

Pressprich
&

Co.,

&

Co.,

all of New

York, and the Union Trust Co. of

Maryland, of Baltimore, at
of

100.08,

as

a

price

follows:

$245,000

a

as

basis of about 1.53%,

as

Due

on

VAs.

Due

from 1955 to 1961

740,000

as

purchase

Series notes.

of

$317,000

First

Dated Nov. 28,

1949.

on Nov.
28, 1950. The approv¬
ing opinion of Sullivan, Donovan
& Heenehan, of New York City,

will be furnished by

the Authority.

IV2S.

Due

inclusive.
on

Nov.

from 1962 to 1969 inclusive.

Dated Nov. 1, 1949.

as

from

60,000
The

1951

—

on

(EST)
chase
bonds.

sealed
on

of

bids

Nov.

15

$110,000

Dated

Nov.

nomination $1,000.

until

for

11

a.m.

pur¬

water

coupon

1, 1949.

Due

on

De¬

Nov.

1,

1950

sewer
as

to

bonds.

follows:
1956

„

Due

$13,000

inclusive,

and $12,000 from 1957 to

re¬

the

Oct.

from

W. Francis

Shields, Town Treasurer, will
ceive

1

1951

1955

as

April 1
inclusive. !
on

to 1954

iv2s.

Due

to

April I

on

1963

1%'s. Due

1964 and

Bond Offering—Harold J. Tuni-

127,000 trunk
Bond Offering

1

230,000

Worcester, Mass.

Lee, Mass.
Nov.

,

l3As. Due

as

from

on

1965.

inclusive.

April 1 in
'

,

second

highest bidder wasson, City Treasurer, will receive Braun, Bosworth & Co., Inc., ami
sive.
Principal and interest pay¬ sealed
Paine, Webber, Jackson & Curtis,
bids until 11 a.m. (EST) on
able
at
the
National
Shawmut
Nov. 15 for the purchase of $833,- jointly, for $250,000 as IV2S, amt
Bank of Boston. Bidders to name
as
000 coupon bonds, divided as fol¬ $140,000
l3/4s, at a price of
the rate of interest, expressed in a
100.20, a basis of about 1.62%.
lows:
1
multiple of % of 1%. The approv¬
Bonds are dated Nov.
1, 194&
ing opinion of Storey, Thorndike, $100,000 water bonds. Due $10,000 Denomination
$1,000.
Due
on
on
Oct. 1 from 1950 to 1959
Palmer & Dodge, of
Boston, will
April 1, as follows: $25,000 from
inclusive.

Nov. 1 from

on

$100,000

Due

be furnished to the purchaser.

4s.

1950 to 1954 inclusive.

515,000

a.m.

Co., both of Detroit, jointly, on »
reflecting a net interest cost
1.58%, as follows:

bid

of about

1959

inclusive,

38,000
on

trunk
Oct.

from

and

1,

to

1962

$30,000 from
sive.

Bonds

as

bonds.

follows:

Due

$4,000

1950 to 1957 inclusive,
$3,000 in 1958 and 1959.

1965

maturing in

and

inclu¬

1955

to

1965, may be redeemed at the op¬
tion of the District in inverse nu-*
merical order

sewer

inclusive
1963 to

ment

date

1954, at

on

on

any

or

interest pay¬
April 1,

after

and accrued interest
to the date fixed for
redemption^

plus

a

par

premium for each bond

so

'

54

(1962)

redeemed

as

bond called

THE

follows: $20

each

on

Dated

for'redemption prior

redemption on or after April 1,
1958, but prior to April 1, 1960;
$5

on

each

demption

bond

called

for

re¬

on or after

April 1,1960,
but prior to April 1, 196*2, and no
premium shall be paid on bonds
called for redemption on or after

April
terest

1, 1962. Principal and in¬
(A-O) payable at a bank or

tru§t company designated by the
purchaser. " Legality approved by
Miller,' Canfield,
Stone, of Detroit.

Paddock

&

Detroit Housing Authority, Mich.
Note Sale—The $14,595,000 notes

Oct.

1, 1949. The second
highest bidder was First of Mich¬
igan Corp., for $154,000 as 2%s,

to April 1, 1956, $15 on each bond

called for redemption on' or after
April 1, 1956, but prior to April 1,
1959; $10 on each bond called for

COMMERCIAL

and

$86,00Q as 3%s, on a bid re¬
flecting a net interest cost of
about 2.88%.'

"

'

Fort

Gratiot Twp. Unit Sch. Dist
(P. O. R-6, Port Huron), Mich.
Bond Offering — Geraldine I.
French, Secretary of the Board of

Education, will receive sealed bids
until 8'p.m.
(EST) on Nov. 14
for the purchase of $125,000 not to
exceed 4%

interest school coupon
1949. Denom¬
ination $1,000. Due on May '17 as
follows: $6,000 from 1950 to 1952

3

awarded

were

are

FINANCIAL

dated

CHRONICLE

Nov.

15, 1949.
$1,000 and $500.
maturing in 1951 to 1959,
be redeemed at the option

Monday, November 14, 154

MONTANA

of

Denominations

Anaconda

Bonds
may

infprpS

to

Note Sale—The $368,000 9th Se-

riatP

T™St Co., Of New York, and As-

accrued

in

redemption

Nov

proved by Miller, Canfield, Pad¬
dock & Stone, of Detroit. ''
V

City, Mich.
Sale—The3'' $16,000

gutter

special

\

Dec

Qn

water

bonds.

^ 1950

registered bonds,

$365,000 genera 1
bonds. Due

$10,000

from

1962

to

1964

inclu¬

years

for 2s, at a' price of par.
"'
Bond are dated Nov. 1, 1949- De¬
nomination

$1,000.' Due $4,000

1956

to

1960

Will

lows: $35,000 in 1950;
$50,-OO
1951 to 1954 inclusive

$25,000 from 1955 to 1957' in

Due

be

elusive; $30,000 in

on

re¬

an

Due $2.00'
on June 1 fiom 1950 to 195
inclusive.
'

,

Dated
tion

Principal ahd interest (M-N) pay¬
dates occur in the years 1961 to
able at the City
Treasurer's Qffice. 1970 will be ' redeemable at
any one or more interest pay¬ Legality approved
par,
by Miller, Can*
ment dates on and after
at the option of the City, pn Jan.
May 1, field, Paddock &
Gated Nov. 29, 1949.
Due on
Stone, of Detroit.
1953, at par and accrued interest.
1, 1960, and any interest payment
May 26, 1950.
Washtenaw
Principal and'interest (M-N) pay¬
date thereafter. Principal and in¬
County (P. O.
able
at
the "Michigan
Detroit, Mich.
finn Arbor), Mich.
National
terest payable at such banking
Bond Offering—John N. Daley, Bank/ Port
Bond
Huron/ ' Bidders to
Sale—The $80,000 road institution or institutions as shall
City Controller, will receive seal-' name the rate of interest, ex¬ equipment revenue bonds offered; be satisfactory, to the
purchaser
ed bids uptil 10 a.m. (EST) on pressed in a multiple of Va of 1%. Noy: 4 were awarded to
tyatling, I and the; City Council.
?he apNov. 15 for the purchase of $860,-' The approving
Lefchen & Co., of Detroit, as 1 %s.
Opinion of Claude
| proving opinion of Dorsey, Col000 opt to
exceed
3%
interest H.'
Stevens, Of Berry, Stevens,
street epd alley paving, special' Barbier & Evely, of Detroit, will
assessment, Series P coupon bonds. be furnished to the purchaser at
Dated Sept. 1, 1949. Denomination the expense of the District, A cer¬ highest bidder was Jones B. Shan¬
for $10,GOO, payable to the City
$1,000. Due $215,000' on Sept. 1 tified check for $2,500, payable to non & Co., for 2V4S, plus 4% to
Treasurer, is required. / '
j
front 1951 to 1954 inclusive. Prin¬ the District Treasurer, is required. May 1, 1950. /
./•'
cipal and interest (M-S) payable
NEBRASKA
'/// A;?
Wyandotte Sch. Dist., Mich, r
Gogebic County (P. O.
V'/
at the current official bank of the
a:;.'!.v.
Note Sale—The $177,000 tax an¬
Bessemer), Mich.
Loup River Public Power District
City, in Detroit, Chicago, or New
Note Sale—The $50,000 tax an¬ ticipation notes offered Nov. 7—
York City." Bidders to name the
(P. O. Columbus), Neb.
f
ticipate potes offered Nov. 8— v. 170, p. 1849—were awarded to
Bond Offering—Ed Kelly, Dis¬
rate * of' interest, expressed in
a
v.
170, p. 1848—were awarded to the Wyandotte Savings Bank, at trict Secretary, will receive sealed
multiple of V\ of 1%. The approv¬
local banks, at 4% interest. Dated 11/4 %
interest.
Dated
Nov.
10, bids until 10 a.m. (CST) on Nov.
ing opinion of Miller, Canfield,
Nov. 8, 1949. Due on Jan. 15,1950. 1949. Due on May 10, 1950.
22 for the purchase of
Paddock" &
$14,700,000
Stone,
of
Detroit,

Dec.

1, 1949. Denorpipa
Principal an$ in

$1,000."

terest (J-D) payable at
tbe
Hempstead National Pank,

on

2,650,000 88th Series notes.

1958,

$25,000 in 1950.
20,000 water bonds.

deemable kt par, at
the'option of
the City, on Jan. 1, 1955, and any
interest payment date thereafter.
Bonds
whose ^stated
maturity

Nov. 1 from 1950 to 1953 inclusive.

improvemen
June 1, as fol

on

from

inclusive; $7,000 from 1953 to 1955 price of
$20,000 on Jan 1 from 1951 to
100.08, a 'basis of about
1970
inclusive.
inclusive; $8,000 from 1956 to 1958 1.46%. The second
Bonds
whose
highest bidder
inclusive; $9,000 from 1959 to 1961; was the
stated maturity dates occur in the
Traverse City State Bank,

to

as' fol

divided

lows:

Dated Jan.

Denomination $1,000.

J95

bids until 2 p.m. (EST) on
Nov. 1
the purchase of
$385,00$ no
exceed 4% interest
coupon o

M. Settles,
receive sealed

revenue

1950.

Nov.

from

for

Clerk, will
bids until 10'Yr.m. (MST) on Nov.
for the purchase of $400,000

Paine, Webber, Jackson &
Curtis, of Chicago, as lV2s, at a

1

1959 inclusive.

26

to

Dated

Nov.

to

Offering—Nina

City

curb

assessment

bonds offered Nov. 7 were award¬
ed

Due

Helena, Mont.
Bond

Traverse
Bond

29>

orT

Hempstead, N. Y.
Offering—Lael Von £1
Village Clerk, will receive seale

sociates» at °-82% interest. Dated

anH

1.46%.

Due

Bond

Te if
awarded to the Chemical Bank &
™

fixed for
lixed.forredemption. Lecalitv anLegalityap-

nar

about

1949.

Housing Authority,
Montana

of the City, in direct numerical
order, on any interest payment
date on or after Nov.
15,1950, at

and

bonds. Dated Oct. 1,

sive, and $5,000 in 1965. The bonds
the Chemical Bank & Trust Co., maturing in 1959 to 1965, will be
of New York, and Associates, at subject "to
redemption prior to
0.77% interest, as follows: ''
maturity at the option of the Dis¬
trict, in inverse numerical order,
$11,945,000 87th Series notes.
offered Nov.

Bonds

&

Hempstead,,
the

at
at the

holder,

York

and

Fifth

tyes
'qption; o

the

or

Bank of New
Avenue'

B^pk,

New York

City. Bidders to nap?e
interest, expressed in
multiple of Va or 1/1Q of i%.

the
a

rate

of

The

approving opinion of 'Haw¬
kins, Delafield & Wood, of JJew
York/ City, will bp furnishpd'* to
the purchaser without cost. A
cer¬
tified check for

$7,7(10, payable to
Village, is requlrecjL
^

the

I slip Great River Fire

District

(P. O. Great River), N. Y.
:

~

Bond Offering—Elizabeth Kris-

.

tan,

...

Ferndale Sch. Dist., Mich.
Bond Offering—Ervin

Nov.

,

15

for

the

purchase

000 not to exceed 4%

Kiebaum,

of $50,interest tax

100.39.

'

"

r

7

'

Durham' Sch. Dist., N. H.

Gibbon, Minn.

Secretary of the Board of Educa¬
tion, will receive sealed bids until
8 p.rh. (EST) on Nov. 15 for the
purchase of $1,240,000 not to
ex-j

anticipation notes. Dated Nov. 15,
Bond Sale —The $20,000 fire
1949. Due on March 1, 1950. Prin¬
house and well bonds offered Oct.
cipal and interest payable at the
4 were
awarded to the Citizens
County Treasurer's office. The State
Bank, of Gibbon, as 2s, at a
ceed 3% interest school coupon approving opinion of some market
price of 161.55. These bonds were
bonds; Dated Nov. 1, 1949. Denom¬ attorney, shall be furnished
by the authorized at the election
held on
ination $1,000. Due Decas fol¬ purchaser at his own expense. ;
sept; 6.
lows: $65,000 in 1950 and
1951,
$70,000 in 1952 and 1953, $75,000 Portage Twp. (P. O. Houghton),
Jackson County (P. O.
Michigan
in 1954 to 1956, $80,000 in 1957 and
Jackson), Minn.
Bond Offering—Robert J.
1958, $85,000 in 1959 and 1960,
Hill,
Bond Sale—The $20,000 drain¬
$90,000 in 1961 and 1962, $95,000 Township
Clerk,
will
receive
age 1949 bonds offered Nov. 8—v.
in 1963, $100,000 in 1964, and $40,- sealed bids until 5 p.m. (EST) on
170, p. 1744—were awarded to the
000 in 1965.
Bonds maturing in Nov. 15 for the purchase of $50,000 First
National Bank, of Minneap¬
'the years 1962 to 1965, will be not to exceed 5% interest water
olis, as IV2S, at a price of 100.13, a
subject to redemption prior to ma¬ supply
system
revenue ' coupon
basis of about 1.47%. Dated Oct.
1,
turity, at the option of the Dis¬ bonds. Dated Sept. 1, 1949. De¬ 1949. Due on
Jan. 1 from 1951 to
trict, in inverse numerical order, nomination $1,000. Due on April 1, 1960
inclusive. The second high¬
as
follows:
at par and accrued interest on
$1,000 from 1952 to est
any
bidder was Shaughnessy &
Co.,
1963 inclusive;
one
or
more
interest
$2,000 from 1964 for
payment
1.60s, at a price of 100.60.
to 1973 inclusive, and
dates on and after the
$3,000 from
following
Taylors Falls, Minn.
dates, to wit: Bonds maturing in 1974 to 1979 inclusive/ Callable
1964 and 1965, on and after Dec. at par and accrued interest, plus a
Bond Sale—The $14,000
funding
1, 1953; and bonds maturing in premium in the amount of $50 on bonds offered No.V. 5
v.
170,
each bond, in inverse
1962 and 1963, on and after Dec.
numerical p. 1745—were awarded to
1,
Kalman
on
1956. Bidders to name the rate of order
any
interest payment & Co., of Minneapolis. Dated
—

interest, expressed

in a multiple
pf V\ of 1%. Principal and inter¬
est (J-D) payable at the
Detroit
Trust Co., Detroit. The
approving
opinion of Claude H. Stevens, Barbier

&

Evely, of Detroit, will be

date

Oct.

on or

after April 1,1974. Bid¬

I, 1949. Due

ders to name

the rate of interest,
multiple of 'Va of
approving opinion of
Miller, Canfield, Paddock & Stone,
of Detroit,
will be furnished to
expressed

1%.

in

to

the

expense of the District. A certified
check for $24,800,
payable to the

for
the

District Treasurer, is required.

Feb.

1

1964 inclusive.

from 1951
/'1 ;
•'.*'■

a

The

furbished to the purchaser at the

on

County

(P.

Independence), Mo.

quired.

purchaser;"A certified check
of the bonds, payable to

Bond

2%

County

Offering

—

H.

ovan,
Chairman
School
Board,
will receive sealed bids until noon

(EST)

Q.
'

*

,

P.- Chiles,

Nov.

on

chase

of

15

$80,000

the

for

school

pur¬

coupon

bonds. Dated Dec. 1, 1949. Denom¬

ination $1,000. Due $5,000 on Dec.
1
from
1950
to
1965
inclusive.

Principal and interest payable at
the

National

Shawmut

Bank

Boston. Bidders to name the
of

interest, expressed irr

of

a

of

rate

multiple

Va of 1%.

The approving opin¬
Storey, Thorndike, Palmer
& Dodge, of
Boston, will be fur¬
ion

of

nished

to

the

purchaser

without

(EST)

Denomination

sealed

bids until
8:30
p.m.
(EST)
on
Nov. 25 for the purchase of $75,00Q
not to exceed 3% interest refund¬

ing; 1949

or

.coupon

Dated

Nov.

Treasurer,

is

re¬

as

$1,000. Due on Nov.
follows/ $10,000 from 1951

1955

inclusive, and $5,000 from
Principal

1956^ to 1960 inclusive.

and interest (M-N)
payable at the
First National Bank, Roselle. Bid¬

ders to

name

the rate of

interest,

a.m.

-

-•

-

—

^

[

on

from 1961 to 1964 inclusive.




Nov.

inclusive.

1

from

1950

to

1959

check for 2% of the bonds bid for

is

required.

Frederick & Co., of

"'V''*

New York, as

Price of 100.22,

a

basis

3

p.m

the

pur¬

$1,187.

from

(M-N)

Due

1950

$1,187

to

1054 in¬
interest
at the First Na¬

Principal
payable

and

tional Bank, East Islip. Bidders to
the

name

rate

pressed in

a

of

interest,

ex¬

multiple of Va of 1%.

The approving opinion of Stanley
Gray Horan. of New York Cjty,
will be furnished to the
purchaser
without

A

cost.

certified

for

$118.70, payable
trict, is required.

to

check

the

Dis¬

Liberty Union Free Sch. Dist. No. 7
(P. O. White Sulphur Springs),
New York /
Offering — G.

;

Bond

Worden,
ceive

District

sealed

(EST)

bids

re¬

until

Nov/17

on

Allison

wiB

Clerk,

2
p.m.
the-imf-

for

chase of $75,000 not to exceed p,%
interest school
1949
coupbn or

registered bonds.'
1949.

Dated

Sept. 1,
$1,000 and

Denominations

$500.

Due $7,500

1950 "to

1959

Nov. 1 from

on

inclusive. "Principal

and interest

(M-N) payable aYthe
County National Bank.
Liberty. Bidders to name the raSullivan

of

interest, expressed in
of

Vandewater,

Gallo^py, of

City, will be

fqrpipbpd
A
payable

cptst.

lo the District, is required.
'li\

J

•

■

•

mul¬

a

1710 of 1%. The ap¬

or

the purchaser without
certified check for $1,500,
J

i.

'

.

J'**

'

Moravia, Locke, Niles, Sempronius,
Venice, Siimmerhill and Homer,
Central Sch. Dist. No.

1949." De-j

Treasurer, * will

sealed bids until 11

1

clusive.

registered

15,

nomination

receive expressed in a multiple of l/20th
(CST) on of 1%. The approving opinion of
Now 21 for the purchase
off$1;- Reed, Hoyt & Washburn, of/New;
Flint Twp. Sch. Dist.
South Haven, Mich
Ho. 24 (P. O.
400,000 parental school, Series C York. City, will be
furnished "to;
5256 Corunna Road, Flint
Bond Sale—The
7),
$65,000 special bonds. Dated Oct. 1, 1949. Denom¬ the purchaser. A certified check
Michigan
assessment bonds offered Nov. 7 ination
$1,000. Due $350,000 on for $1,500, payable to the
borough,
awarded
Bond Sale—The'$240,000 school were
to the
Bank
of April 1 from 1953 to 1956 inclu¬ is required.
South Haven, as follows:
sive. Bidders to name the rate of
bonds offered Nov. 2
""
v.
170,
p. 1744—were awarded to Mcppn- $50,000 paving bonds.
interest, expressed in a multiple
NEW YORK
of % of 1%. Principal and
ald-Moore &i pp., H. V.
15,000 paving bonds.
interest
Satfley &
Dobbs Ferry, N. Y.
payable'at the Commerce Trust
f
Co., and Jones B. Shannop & Co.,
Sale consisted of:
Bond Sale—The $72,000
all of Detroit, jointly, at a price of
Co., Kansas, City, The approving
street
$50,000 paving bonds. Due $5,000 opinion of
2.8$%, as follows:
Stinson, Mag, Thomson, improvement and fire
engine 1949
on
Nov. 1 from 1950 to 1959 McEvers
Fizzell,
of
Kansas bonds
$154,000 as 3s. Due on June 1 from
offered Nov. 7—v.
inclusive.
*
170; p.
City, will he furnished to the pur¬
1950-to 1960 inclusive.
v
1849 —were
15,000 paving bonds. Due $1,500 chaser without cost.
awarded
to .Paul
A certified
86,000 as 2%s. Due on June 1

Township

Nov.

on

to

Ostrander,

Borough Clerk, will receive

bonds.

for

5%
interest fire 1949 coupon or regis¬
bonds.
Dated Nov. 1, 1949.

New York

Roselle, N. J.
Bond Offering—J. F.

will re¬

■

until

..

tered

proving opinion
Sykes, Heckler

NEW JERSEY

15,

bids
on'Nov. 18

tiple of Va

cost.

to

MISSOURI
Jackson

Bond Offering—Edward T. Don¬

Treasurer,

sealed

chase of $5,935 not to exceed

not to

exceed 4% interest electric
Lee Twp. Sch. Dist. No. 1 (P. O.
Michigan, will be furnished to the
MINNESOTA
revenue
refunding and improvepurchaser, at the expense of the
Midland), Mich.
Austin, Minn.
ment,
Series
C' coupon
bonds.
City. A certified check for $17,Bond Sale—The $18,000 school
Bond Sale' — The
000, payable to the City Treasurer, bonds offered Oct. 27 were
$60,000 park ^ated May 1, 1949. Denomination
award¬
grandstand bonds offered Nov. 4—
is required.
' / ."
ed to the Chemical State
j $l»QO0.
Savings v.
170, p. 1745—were awarded to |
Bank of
Norfolk, Neb.
Midland, as 3s, at a price J. M. Dain &
Farmington Twp. (P. O.
Co., of Minneapolis/
of par.
Bond Sale—The $135,000 sewer
Farmington), Mich.
as
L60s, at a price of 100.56, a
revenue
bonds offered Nov. 7—
Bond Sale—The $28,000 not to
Montcalm County (P. O.
basis of about 1.53%. Dated Nov.
v
179^ p. 1745—were awarded to
exceed 6% interest water special
Stanton),, Mich.
J' 1965
.on.^an- 1 from
the
Wachob-Bender
assessment bonds offered Nov. 2—
Corp.,
of
to
inclusive.
The
second
Note Offering—John H.
Omaha,
Owen,
v. 170, p. 1744—were
not sold, as
highest bidder was Shaughnessy
County Treasurer, will receive
no bids were received.
& Co.,
for 1.60s, at a price of
sealed bids until 3 p.m.
NEW HAMPSHIRE
(EST) on

District

ceive

(P. O. Moravia), N.

f
Y.

Bond
Offering—Elmej* Morse,
District Clerk, will receive; sealed

bids
17

until

for

2

(EST)

p.m.

the purchase

not to exceed 4%
1949

Nov,. 1,

$1,000.

follows;.
1956
to

Nov.

merest school

registered bopds.

coupon or

Dated
tion

on

of $1,065,000-

1949.

Due

Denomipa-

-

Nov.

on

$30,000

from

;

i,

1050

as

to

inclusive; $35,000 from 1957

1974

from

inclusive,

1975

Principal

to

and

1979

$45,000

inclusive.

and

interest

payable

at : the

First

Bank

Moravia, Moravia.

of

approving
Delafield

opinion
&

of

"t (M-N)
".National
The

Hawkins,

Wood, of New York

City, will be furnished to; the pui?
chaser

without

check for

cost.'

A

certified

$21,300, payable to the

District, is required.

Volume

170

Number 4855

THE

COMMERCIAL

*r>

North

Hempstead, Port Washington
District (P. O.
Manhasset), N. Y.

Sewer

Bond

Offering

Hartford

—

chaser without "cost.
check

for

A

^certified

$950,

payable
Town, is required.

N.

to

the

inclusive.
bidder

bids

sealed

until

10

Nov. 21 for the pur¬
$207,000 not to exceed
5*% interest 1949 coupon or regis¬

(EST)

of

tered

bonds, divided

follows:

as

improvement bonds. Due
Nov. 1, as follows: $3,000

$95,000
on

from

,

Bond

on

chase

and

to 1970 inclusive,
$4,000 from 1971 to 1978

1950

•inclusive.

ernment

sealed

Dated

June

Bidders to

interest,

cost. A certified

name

check for $4,140,

Offering

Bond

N.Y.
—-

J

,

Le'fa C. Qua,

of

1949

sewer

coupon

or

registered
De¬

Dated Nov. 1, 1949.

bonds.

nomination

Due on Nov.

$1,000.

follows: $3,000 from 1950 to
1955 inclusive, and $4,000 from
1956 to 1959. inclusive.
Principal
and interest (M-N) payable at the
Fir^t
National
Bank,
Sherrill.
1;

as

Bidders

to

the

name

rate

of in¬

highest
Sutherland &,

County
ceive

sealed

(EST)

Ella

—

bids

Nov.

on

Mc-

until

22

10

re¬

a.m.

the

for

rainbow

pur¬

addition

road

1, 1949. Denomination $1,000, ex¬
one for $500. Due on Sept.

1, as follows: $4,500 in 1951, and
$4,000 from 1952 to 1959 inclu¬
sive. Principal and interest pay¬
at

of

the

County

Bidders

to

Treasurer's
the

name

interest, expressed in
of

of

34

check for

1%

1%.

A

rate

mul¬
certified
a

of the bonds, pay¬

able to the Board of County

Com¬

missioners, is required.

Ohio

of in¬

the rate

name

terest, expressed in a multiple of
34 of 1%.
The approving opin¬
of

Reed, Hoyt & Washburn,
York City,.will be fur¬
nished to the purchaser. A certi¬
fied check for $28,840, payable to
the State Treasurer, is required.
Johnston

f

Bond

Offering—W.

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed
bids
at
his
office
in

11 a,m. (EST) on
purchase of $275,exceed 6%
interest

Raleigh, until

Nov. 15 for the

not 1 to

000

hospital

Dated

bonds/

coupon

j
Alfalfa

ing

4

Sale—The

furniture
170,

and

Nov.

Indep. Sch. Dist.
(P. O. Jet), Okla.

County

8—v.

awarded

the

to

$92,000 build¬
bonds offered
1851—were

p.

Securities

First

cost

of

1.43%.

about

from

Due

The second

1952 to 1958 inclusive.

highest bidder was the First State
Bank, Jet, on a bid reflecting a net

'

—

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh,

.

'

.

/,,
'

000 in 1955, and $15,000 from
1956 to 1960 inclusive.

118,000 highway bonds. Due on
7
July 1, as follows: $23,000 in
1950
and
1951, and $24,000
•

•f-

from

1954

1952 to

inclusive.

pated July 1, 1949. Denomina¬
tion $1,000. Principal and

payable at the National
Monticello. Bidders

(J-J)
Union
to

interest

Bank,

name

of interest, ex¬

the rate

pressed in a multiple of 34 or 1/10
of 1%. The approving opinion of
Vandewater,

Heckler

Sykes,

&

Galloway, of New York City, will
bo
furnished
to ;the
purchaser
without
for

^5,200,

certified

A

cost.

check

Pasquotank County (P. O.
Elizabeth City), N. C.
Bond

until 11

Offering—W.

a.m.

(EST)

on

E.

Easter-

Nov. 15 for

purchase of $420,000 not to ex¬
6% int. school bldg. coupon
bonds. Dated Nov. 1, 1949. Denom.

the

ceed

$1,000. Due on May 1, as follows:
$10,000 from 1951 to 1956 inclu¬
sive; $20,000 from 1957 to 1959
inclusive, and $25,000 from 1960
to 1971 inclusive. . Principal and
interest

York
rate

(M-N)

payable

in New

City.
Bidders to name the
interest, expressed in a

of

"

opinion of Reed, Hoyt &
Washburn, of New York City, will
be furnished to the purchaser.A
certified check for $8,400, payable
to the State Treasurer,

payable to the County,
(P. O. Yorktown

is required.

Bond

Sale

lighting

street

Offering—John H. Down¬

—

The

warrants

■'

Nov.

at the Peekskill National

Trust

Co.,

Peekskill.

name

the

rate

of

Bank &

Bidders to

interest,

ex¬

l/10th

in

of

opinion




est

exceed 4%
system bonds.

not to

sewage

(J-D)
payable at the
City Treasurer's /office. The ap¬
proving opinion of Winfree, McCulloch, Shuler & Sayre, of Port¬
land, will be furnished to the
purchaser without cost. A certi¬
fied

check for

the

Brunswick
Bond

Local

Sch.

Sale—The

Dist.,

Ohio

$65,000 build¬

ing bonds offered Nov. 3—v.

170,

Street,

(EST)
purchase of
$90,000 building and
improve¬
ment coupon bonds. Dated Dec.
1, 1949. Denomination $1,000. Due
$3,000 on Dec. 1 from 1950 to
on

inclusive.

the

the

Bonds

maturing

after Dec. 1, 1965, shall be

or

whole

in

inverse

interest

in

or

numerical

paying

i Bidders to

part, in
of

order

thereafter.

date

(he rate of in

name

¬

of

Townsend, Elliott & Munson,
of Philadelphia, will be furnished
to the purchaser without cost. A
certified

check

for

2%

the

of

bonds, payable to the
Treasurer, is required.

rett,

District

17 for the purchase of

Nov.
000

building

$4,250, payable to

City, is required.

Bond
eral

Sale —The

obligation

bonds. Dated Dec. 1, 1949.

coupon

Denomination

$1,000. Due

Nov.

3

170,

—v.

awarded

p.

1959

inclusive,

turing

on

shall

be

part,

in

order

of

of

the

after

or

callable

$55,000
1647

to Blyth & Co.,

were

—

of Port¬

District

price of 100.07.

Bidders

Sale—The

$4,820,000 37th

Series notes offered Nov.
awarded

as

$3,820,000

3

were

follows:

Bank

&

by

the

Trust

Co.,

and Associates, at
0.77% interest.

building

to

1949.

Dated
Dec.
1,
Denomination $1,000.
Due

$1,000

on

Dec. 1 from 1951 to 1972
Bonds maturing on or

iinclusive.
after

in

able

•

Dec.

1,

whole

1960 shall be call¬
or in part, in the

numerical

inverse

order

of

ma¬

turity, at the option of the District
at par and accrued interest on Dec.
1, 1959,

interest paying

or on any

thereafter.

date

Bidders

to

name

the rate of interest, expressed

in

multiple of 34 of 1%.
The ap¬
proving
opinion of
Townsend,
a

Elliott & Munson, of

Philadelphia,

will be furnished to the purchaser.
certified

check

2%

for

payable to the
Treasurer, is required.

of the

District

bonds,

Twp. Sch. Dist. (P.
Coatesville), Pa.

Valley

Sale—The

Bond

O.

$50,000 build¬

ing bonds offered Nov. 3—v. 170,
1647—were awarded to the Na¬
Bank, of Coatesville, as

p.

tional
2 34 s,

at a price of par. Dated Nov.

1, 1949.
1974

to

Due on Nov. 1 from 1950
inclusive.
The
second

highest bidder was Walter, Woody
& Heimerdinger, for 334 s, at a
price of 100.50.
Dist., Pa.

Sch.

C. T,

—

Miller,

of School

Secretary of the Board

Directors, will receive sealed bids

or

(EST) on Nov. 17 for
purchase of $600,000 building
and improvement coupon.\ bonds.
Dated Dec. 1, 1949. Denomination

date

name

improvement

and

ac¬

1, 1959,

paying

Miller,

Street," West

bonds.

coupon

Chester

and1

of C. T.

care

8 p.m. (EST) on
the purchase of $22,-

17 for

000

of

receive

until

Chester,
Nov.

Board

will

Church

North

Offering

the

until 8 p.m.
the

$1,000.

$20,000

Due

on

Dec.

1

inclusive.
Munson, of Philadelphia, will Bonds maturing in 1965 to 1979
be
furnished
to
the
purchaser are callable for redemption in
without cost. A certified check whole or in part, at the option of
for 2% of the bonds, payable to the District, in the inverse nu¬
the
District
Treasurer,
is
re¬
merical order of maturity at par
quired.
and »accrued interest on Dec. 1,
1979

to

1950

from

1964,

Fayette County Housing
Authority, Pa.
Note

Sale—The

$1,887,000 17th

Series notes offered

Nov.

3

a

Trust Co., of New York, and As¬
sociates, at 0.77%. Dated Nov. 29,

May 26, 1950.

on

Bond

Sale

provement

170,

—v.

to

H.

p.

R.

l%s, at
1, 1949.

a

—

awarded

Miller, of Lancaster, as
price of par. Dated Dec.

Due

on

Dec. 1 from 1950

inclusive.

1960

second

The

Fauset, Steele
Co., for 234s, at a price of 100.32.

Portsmouth

was

Redevelopment and

Note Sale —The $1,461,000

Series

notes

offered

Nov.

3

18th
were

awarded to the Chemical Bank

&

Trust

Co., of New York, and Asso¬
ciates, at 0.77% interest. Dated

Nov.

26,

1949.

Due

on

May

26,

1950.

bonds

(P. O. Wayne), Pa.

Sale—The $265,000 school
offered Nov. 8—v. 170, p.

1747—were awarded to R. L. Day
&

Co., of New York; Wurts, Dulles
Co., and Woodcock, Hess & Co.,
both of Philadelphia, jointly, as
1.60s, at a price of 100.56, a basis
of about 1.54%. Dated Dec. 1,1949.
Due

on

Dec.

1

from

Bidders to name

expressed in

multiple of 34 of 1%-

1950 to

1974

The ap¬

proving opinion of Townsend, El¬
liott & Munson, of Philadelphia,
will be furnished to the purchaser
without cost.
A certified check
of the bonds,

payable to

2%

the

$20,000 im¬
offered Nov. 7

1747—were

interest paying

any

on

rate of interest,

for

The

bonds

the

were

awarded to the Chemical Bank &

Due

or

date thereafter.

&

purchased

Chemical

New York,

320

the

Directors,

sealed bids in

West

option

Dist.

&

Radnor Twp.

Housing Authority, Pa.

of

Secretary

School

Bond

Bond

Chester

lett,

numerical

the

Sch.

Twp.

a

(Chester County), Pa.
Bond Offering—Adele B. Dal-

in

par

Dec.

1960,
or

Housing Authority, Pa.

$150,000
general obligation bonds offered
Nov.
7—v.
170,
p.
1851—were
awarded
to
Moore, Leonard &
Lynch, of Pittsburgh, as 134 s, at a
price of 100.23. The second high¬
est bidder was A. E. Masten & Co.,

Note

at

on

1,

whole

ma¬

interest, expressed in a
multiple of 34 of 1 %. The approv¬
ing opinion of Townsend, Elliott

Butler), Pa.

a

from

of

rate

&

Offering —The

134s, at

Dec.

at

interest

any

to

Twp. Sch. Dist. (P. O.

(

in

maturity,

interest

crued

gen¬

offered

PENNSYLVANIA

Bond

$4,000

inverse

the

highest bidder

Butler

and

1960 to 1969 inclusive. Bonds

Millersville, Pa.

inclusive.

1969

Dec.

on

follows: $3,000 from 1950 to

as

1949.

bonds

$70,improvement

and

4—

1747—were awarded to

Thornburg

A

Miller,
320 North
Church Street, West
Chester, until 8 p.m. (EST) on

con¬

Nov.

Blair & Co., Inc., for 234s, at
price of 100.33.

of C. T.

care

$225,000

offered

Singer,
Deane
&
Scribner, of
Pittsburgh, as 234 s, at a price of
100.46, a basis of about 2.46%.
The second highest
bidder was

of the Board of
Directors, will receive

sealed bids in

bonds

p.

Secretary

School

1,

Sale—The

170,

v.

T. Mil¬

Church

for

17

Madras, Ore.

for

OHIO

C.

of

care

North

Nov.

interest

offered

a multiple
of 34 or p. 1646 — were awarded to the
1%.
The
approving
First Cleveland Corp., of Cleve¬
of Vandewater,
Sykes,
Dated Oct. 1, 1949.
Heckler & Galloway, of New York land, as lV2s.
City, will be furnished to the pur¬ Due on Oct! 1 from 1951 to 1960

pressed

inter¬
Dated
Dec. 1, 1949. Denomination $500.
Due $5,000 on Dec. 1 from 1950
to 1966 inclusive. Principal and
$85,000

$122,000

8—v.

in 1950; $4,000 in 1951, and $5,000
from 1952 to 1959 inclusive. Prin¬

(A-O) payable

Pink-

ham, City Recorder, will receive
sealed bids until 7:30 p.m. (PST)
on
Nov. 29 for the purchase of

to

t

170,
p.
1850—were
ing, Town Supervisor, will receive awarded to the Northwestern Na¬
sealed bids until 11 a.m. (EST) on tional
Bank, of Minneapolis, and
Nov. 15 for the purchase of $47,the First National Bank & Trust
500
hot to exceed
5% interest
Co., of Fargo, jointly, as 1.20s, at
town garage 1949 coupon or reg¬ a
price of 100.01, a basis of about
istered bonds. Dated Oct. 1, 1949.
1.19%.
Dated Nov. 1, 1949. Due
Denomination $1,000, one for $500. on Nov. 1 from 1951 to 1955 in¬
Due on Oct. 1, as follows:
$3,500 clusive.

cipal and interest

320

in

West Chester, until 8 p.m.
on

Bond
struction

the Board
Directors, will receive

thereafter.

Central Point, Ore.

land, as 334s and 434s. Dated Dec.
1, 1949. Due on June 1 from 1951

NORTH DAKOTA

Warrants

Heights), N. Y.

ler,

Dougherty &
Co., and J. W. Sparks & Co.,
jointly, for 1.60s, at a price of

Secretary of

School

sealed bids

on

Bond Offering—Arden R.

ing

Fargo, N. Dak.
'

Farland,
of

Twp. Sch. Dist., Pa.

Offering—James W. Mc-

multiple of 34 of 1%. The approv¬

is required.
Yorktown

OREGON

;'•/•/'

$142,000 bridge bonds. Due
on
July 1, as follows: $12,000 in
,v 1950
and 1951; $11,000 from
1952 to 1954 inclusive; $10,-

Bond

der was A. Webster

—

Company, of Kansas, of Wichita, East Goshen Twp. Sch. Dist.,' Pa.
Bond Offering—Emma R. Gar¬
on a bid reflecting a net interest

1

(EST) on Nov. 18 for the purchase
of $260,000 not to exceed 5% in¬
terest coupon or registered bonds,
divided as follows:

East Bradford

The second highest bid¬

inclusive.

.Robinson Twp. Sch. Dist. (P. O.
Box 101, Moon Run), Pa.

terest, expressed in a multiple of
34 of 1%. The approving opinion

OKLAHOMA

Nov.
1, 1949. Denomination $1,- interest cost of about 1.47%.
terest, expressed in a multiple of
000.
Due on May 1, as follows:
34 or 1/10 of 1%." The approving
McCurtain County Independent
opinion
of Vandewater,
Sykes, $10,000 from 1952 to 1961 inclu¬
School District No. 14 (P. O.
Heckler & Galloway, of New York sive and $25,000 from 1962 to 1968
inclusive.
Principal and interest v: *- ^ ^/dabel); Okla.
- "
City/ will be furnished to the
Bond Offering—B. C. Rushton,
(M-N)
payable in New York
purchaser without cost. A certified
Bidders to name the rate of Superintendent of Schools, will
check for $680, payable to the City, City.
interest, expressed in a multiple receive sealed bids until Nov. 23
is required. "
of
34
of
1%. The approving for the purchase of $4,700 build¬
Sullivan County (P. O.
opinion of Reed, Hoyt & Wash¬ ing and
improvement
bonds.
Monticello), N. Y.
burn, of New York City, will be These bonds were authorized at
furnished to / the purchaser.
A the election held on Sept. 17. Due
Bond Offering
A. F. Arm¬
certified check for $5,500, payable; in 10 years.
strong, County Treasurer, will re¬
to
the
State
Treasurer,
is re¬
ceive
sealed
bids
until
2
p.m

quired.

Sale Details

55

100.53.

on

Nov.

Dated Sept. 15, 1949. Due on Dec.
15 from 1951 to 1956 inclusive.

No.

Easter-

ap¬

Due

1949.

4—v.! maturity, at the option of the
170, p. 1746—were awarded to the District at par and accrued in¬
Lebanon Citizens National Bank.! terest on Dec. 1, 1964, or on any

Bond

E.

$15,000

29,

The $65,purchased
by Harrisburg Trust Co., of Harrisburg, as 2s, as previously noted
in v. 170, p. 1747, were sold at a
price of par.
Bond

callable

The

—

praisal bonds offered

O.

(P.
Smithfield), N. C.
County

Sale

Nov.

000 water works bonds

1979

O. Lebanon),

(P.

County

Bond

Trust

D\tncannon, Pa.

cept

able

&

May 26, 1950.

of!

improvement and Jeanette Road
improvement bonds.
Dated Dec.

office.

Bank

Hanover

tral

Dated

A.

chase of $36,500 not to exceed 3 %
interest

tiple

Denomina¬
Principal and interest
(J-D) payable in New York City.
to

1,000,000 purchased by the Cen¬

terest.

Clerk of the Board
Commissioners, will

Dated Dec. 1, 1949.

purchase of $34,exceed 5% interest

to

as

Carley,

tion $1,000.
Bidders

(1963)

Co., New York, at 0.77% in¬

Offering

Warren

Nov. 18 for the

not

on

of -New

Finance, will receive
sealed bids until 11 a.m. (EST) on

000

1,

second

Ryan,

from 1964 to 1968 inclusive.

ion

Sherrill,

Due

clusive.

the

'

Director

on

92,000 street bonds. Due on June
1, as follows: $4,000 from 1951
to 1963 inclusive, and $8,000

expressed

payable to the!Town,"is required.

!

(EST)

.

follows: $20,000
from 1951 .to 1960 inclusive;
$22,000 from 1961 to 1963 in¬
clusive; $27,000 in 1964 and
1965; $25,000
in
1966 and
1967; $30,000 in
1968, and
$50,000 from 1960 to 1987 in¬

1, 1949. Denomina¬

in a
multiple of 34 or 1/10 of l%.rThe
approving opinion of Vandewater,
Sykes, Heckler & Galloway, of
New
York
City, • will ^be fur¬
nished to the purchaser without

'

a.m.

in

bonds, divided as follows:

coupon

(M-N) payable at the Fort Washington-Manhasset National Bank,
of

11

office

22 for the purchase of $1,442,000 not to exceed 6% interest,

tion $1,000. Principal and interest

rate

his

at

$1,350,000 water- bonds.

Nov.

Manhasset.

bids

Nov.

elusive.

;

Easter-

E.

Commission, will receive

Raleigh, until

Due on
Nov. 1, as follows: $3,000 from
1950 to 1953 inclusive, and
$4,000 from 1954 to 1978 in-

r

Bond

ling, Secretary of the Local Gov¬

•112,000 extension bonds.
<;

Offering—W.

The

was

(P. O.
Columbus), Ohio

Albermarle, N. C.

.

.

CHRONICLE

Franklin County

NORTH CAROLINA

a.m.

FINANCIAL

Co:, for l3/4s.

Gunn, Town Supervisor, will re¬
ceive

&

j

District, is required.

West

Twp. Sch. Dist., Pa.
Offering—L. Edward At-

Goshen

Bond

of the Board of
will receive
of C. T. Miller,
Church Street, West

Secretary

well,

School

Directors,

sealed bids in care
320

North

Chester,
000

until

17 for the

Nov

building

8 p.m. (EST) on
purchase of $198,-

and

improvement

bonds. Dated Dec. 1, 1949.
Denomination $1,000. Due on Dec.

coupon

1, as follows: $7,000

from 1950 to

inclusive, and $2,000 in 1978.
Bonds maturing on or after Dec. 1,
1977

1965, shall be callable in whole or
part, in the inverse numerical
of maturity, at the option
of the District at par and accrued
interest on Dec. 1, 1964, or on any
in

order

interest

payment date thereafter.
of inter¬

Bidders to name the rate

est, expressed in a multiple of
of 1%. The approving opinion
Townsend, Elliott & Munson,

34

of
of
Philadelphia, will be furnished to
the purchaser without cost,, A cer¬
tified check for 2%

of the'bonds,

payable to- the District
is required.

Treasurer,

56

(1964)
West

THE

Whiteland

TENNESSEE

Township

School District, Pa.
Bond Offering;—Maud G. Halde-

Secretary of
Directors,

•nan,

the

School

sealed bids in

320

North

Chester,

of

and

receive

(EST)

p m.

building

on

from

1962 to 1979 inclusive. Bonds

turing
«hall

on

1,

Dec.

after

or

callable

be

whole

in

220,000

in

jpart, in the inverse numerical or¬
der of maturity, at par and ac¬
on Dec. 1, 1964, or
interest paying date there¬

after.

Bidders

cf

to

the

name

in

d

n

S

1

a

e

The

Hanover

Bond

ceive

Christiansburg, both
of
Chris¬
tiansburg. Bidders to name the
rate

bids

until

10

Tex.

10,

The

a.m.

Due

a syndi¬
the Northern
National Bank,

1958

fied
the

rate

a

Trust

both

Co.,

office.

$1,000.

Bidders to

the

name

the rate of

name

bonds

offered

1447

p.

—

Nov.

8

& Meyer, of Cincinnati,
price of 100.15, a basis of
about 1.73%, as follows:
of
of $2,000,000 as 4s. Due on Dec. 1

170,

v.

—

awarded

were

the

to

songood

at

Cumberland Securities Corp.,
Townsend, Elliott & Mun- Nashville, Davidson
&
Co.,
rson, of Philadelphia, will be fur¬ Knoxville, and
Associates, at a
bished to the purchaser without
price of par, a basis of about
cost.
A certified check for 2% of
3.07%, as follows:
the bonds, payable to the District
$385,000 as 3s. Due on Oct. 1 from
Treasurer, is required.
ion of

1951

RHODE
-

ISLAND

loan,

Act of

offered

1939,

Nov.

Dated

10th Issue
170,

Oct.

C.58%
1949.

of Providence,

discount.
Due

Dated

Nov.

at
14,

Housing Authority,

Rhode

Chemical Bank

&

Trust

Co.,
of New York, and Associates, al
C.77% interest, as follows:

$221,000 44th Series notes.
2,063,000 45th Series notes.
Nov.

29,

1949.

Due

on

May 26, 1950.
SOUTH CAROLINA

Darlington County Housing
Authority, S. C.
Note Sale
The $218,000 6th
Series notes offered Nov. 3

were

awarded to the Chemical Bank

&

Trust

Co., of New York, and As¬
sociates, at 0.82% interest. Dated
26,

Offering

Phillips,

—

Tillman

County Judge,

sealed

bids

will

until

10

H.
re¬

a.m.

on Ded, 7 for the purchase
$45,000 not to exceed 3V2% in¬

1949.

Due

Dec.

on

1950.

DIVIDEND NOTICE

12,

Dated Oct. 1,

1949. Denomination $1,000. Due on
Oct.

1, as follows: $5,000 in 1953;
$6,000 in 1954; $7,000 in 1955; $8,000

in

1956; $9,000

in

1957, and
approving

$10,000 in 1958.
The
opinion of Chapman & Cutler, of
Chicago, will be furnished to the
purchaser

at

the

expense

of

the

County. A certified check for $1,000, payable to the County Trus¬
tee, is required.
,

—

jNov.

1, 1949.

terest school bonds.

Note Sale—The $4,284,000 notes
Nov. 3 were awarded to

Dated

Bond

of

Island

offered
the

1,

(CST)

Providence

Sullivan County (P. O.
Blountville), Tenn.

Bond

Offering

T. R. Brandy,
County Judge, will receive sealed
bids until 2 p.m. (EST) on Nov.
18 for the purchase of
$400,000 not
to
exceed
3%
interest

funding
coupon bonds. Dated Nov. 1, 1949.
Denomination $1,000. Due $200,000
on

Nov. 1 in 1954 and 1956. Prin¬

LAMP WORKS INC.

of

this day declared the
dividend:
15c per share

on

Chemical

Chicago, will

payable

December
of

&

Trust

be

tified check for $4,000, payable to

has

following

Clyde Groseclose, County Trustee,
required.
TEXAS

the

1,

Aransas Pass

1949,

record

at

close of business November

to

the

16,

1949.

PAUL J. HEMSCHOOT.

Secretary.




certi¬

York,

l%s. Due

as

1966

to

1

Dec.

on

inclusive.

l^s. Due

on

Dec.

ten

1

cost

Garland
Bond

house

170,

v.

the

of

about

p.

Texas,
100.004,

of
a

Dallas,
basis

second

at

of

a

price

about

bidder

of

about

Greenville Indep.
Bond

was

bonds

Indep. Sch. Dist., Tex.

Bond Sale—The $163,000 school
house bonds offered Nov. 7—

Dist.,

Tex.

Sale—The $650,000 school
offered
Nov.
7
were

awarded to the Equitable
ties
Corp.,

Securi¬

Braun, Bosworth &
Cumberland Securities

Co., Inc.,
Corp., of Nashville, and Moss,
Corp., and the Moore & Co., of Dallas,
jointly, on
Columbian
Securities
Corp.
of a bid reflecting a net interest cost
Texas, both of San Antonio, of about
2.47%, as follows:
jointly, on a bid reflecting a net $154,000 as 2y4s. Due on
Dec. 1
v.

170, p.

1747—were awarded to

the First of Texas

interest cost of about 2.59%. Dated
Dec. 1, 1949. Due on Dec. 1 from
1950 to 1966 inclusive. The second

1950

Due

Dec.

on

from

1

to 1974 inclusive.

Dec.

;

1

from 1950

elusive.

;

to

;

,

1974

in-

•

200,000

park improvement gen¬
eral obligation bonds. Due on

Dec.

1

from

1950

to

1974

in¬

from 1961 to 1972 inclusive.

about "*1.98%.

1

Dated

Nov.

on

Nov.

bidder

highest

Pacific National Bank,

was

Seattle,

1,

1 from 1951 to

1964 inclusive. The second

on

bid reflecting

a

net

a

interest cost of about 2.04%.

WISCONSIN
Milwaukee

Housing Authority,

Sale—The

from

1950

Additional

refunding

to

on

general

were

system

0.76%.

Associates,

bonds

were

of¬

awarded

Co., of Chicago,
bid reflecting

on a

net interest cost of about 2.89%.

Dec.

1

from 1950

1974

to

Dec.

1, 1949.

Christiansburg,
Clerk

Offering

of

receive

(EST)
chase

the

Town

sealed
on

of

—

divided

J.

1954

City

C.

000

not

11

1959

1952 to

Bond

City

bids until
30

on

$3,000

July
from

in

$6,000

follows:
to

from

1958

1959

in¬

1967

on

$3,000

Justeson,

will
a.m.

10

receive

(CST)

sealed

on

purchase of $400,000
electric
utility
mortgage
bonds.

revenue

on

Dated

Dec.

Denomination $1,000.
Dec. 1, as follows: $15,000
to

1,

Due

from
inclusive; $18,000 in
1954; $20,000 from 1955
inclusive; $21,000 from
1963
inclusive; $22,000

and

to

Nov.

the

1952

1958

1959

to

from

1964

1967

to

inclusive, and

$23,000 in 1968 and 1969; callable
on
or after Dec. 1,
1960, at 103%
of par and accrued interest. The

inclusive;
to.

purchaser

CANADA

1963

<

QUEBEC
Bedford,
Sale

—

Que.

The $50,000 town

improvement bonds offered
2

were

&

awarded to

Co.,

Bank

Ltd.,

of

Nov.

Wood, Gundy

the

and

Canadian

Commerce, both of To¬

ronto, jointly, at
basis of about

a

price of 97.11,

3.24%,

as

follows:

July
from

$4,-

inclu¬

sive; $5,000 in 1964 and 1965,
and $6,000 from 1966 to 1968
inclusive.

Wis.

1949.

a

63,000 sewer bonds. Due

000

for

2Y\%

1968.

1954

Int. M-S.

Offering—Nels

Clerk,

Bond

clusive.

as

1969 inclusive.

coupon

inclusive; $4,000
to 1963 inclusive;

and

interest

3%

a.m.

1966

1,

exceed

to

25th Series bonds.
Dated
Dec. 15, 1949. Denomination $1,000. Due on March 15, as follows:
$10,000 in 1951, and $5,000 from
sewer,

follows:

follows:

Riemer,

H.

will

Taylor,

revenue

as

Due

receive sealed
bids
until
7:30 p.m.
(CST) on
Dec. 6 for the purchase of $100,-

Council, will

$5,000 from 1964 to
and

Offering—P.

Clerk,

to 1958

from

1949.

Va.

$62,000 water bonds. Due
as

29,

by the City. A certified check for
$5,000 is required.

bids until

interest

1,

Nov.

Wauwatosa, Wis.
Bond

Nov. 18 for the pur¬
$125,000 not to exceed

31/2%

10th
were

3, 1950.

will be furnished to the

VIRGINIA

Bond

2

Wisconsin

approving opinion of Lines,
Spooner & Quarles, of Milwaukee,

inclusive.

Dated

First

Bank, of Milwaukee, at

Dated

1953

The $900,000

—

date

to John Nuveen &

on

the

to

March

on

1950

f

;

revenue

same

on

syndicate,
net interest

a

2.89%.

Additional Sale
fered

obligation

above date

on

reflecting

cost of about

sewer

$1,858,000

to*the above

bid

a

inclusive.

1974

Sale—The

bonds offered
awarded

$1,569,000

Series notes offered Nov.

Wisconsin Rapids,

100,000 fire station, general obligation bonds. Due on Dec. 1

/

*

from 1950 to 1960 inclusive.
496.000 as 2V2S. Due on Dec.

&

1949. Due

clusive.

bonds,

2.74%.
Sch.

of

improvement

of

Lynch,
Pierce,
Fenner
&
Beane, jointly, at a price of 100.10,
basis

water

800,000 street improvement, gen¬
eral obligation bonds. Due on

2.72%.

rill

a

$1,250,000

of

Rauscher, Pierce & Co., and -Mer¬

National

Bank,
and
Co., both of, Seattle
jointly, at a price of 100.11, a basis
Blyth

National

Due

1949. Due on July 1
1979 inclusive. The

highest

1648—were awarded to the Seat¬

Note

a

1648—were awarded to

Dated Dec. 1,
from 1951 to

a

S lie—The $125,000 school
>red Nov. 3—v. 170, p.

tle-First

Tex.

170, p. 1852—were awarded
syndicate headed by Shields
Co., of New York, on a bid re¬
flecting a net interest cost of about
2.88%, as follows:
to

a

Indep. Sch. Dist., Tex.

Central investment Co.

Bond

bonds

awarded

and

Sale—The $310,000 school
bonds
offered
Nov.
8—

plus

WASHINGTON

Sale—The $2,350,000 gen¬
eral obligation bonds offered Nov.

bonds.

1.76%.

interest,

King County, Issaquah Sch. Dist.
No. 411 (P. O. Seattle), Wash.

Bond

1969 inclusive.

Co., Hayden, Stone & Co.,
Dick & Merle-Smith,
Tucker, An¬
thony & Co., Adams, McEntee &
Co., H. M. Byllesby & Co., Newburger, Loeb & Co.,
Shearson,
Hammill & Co., Field, Richards &
Co., Mackey, Dunn & Co., Pohl
& Co., John Small &
Co., Jones B.
Shannon
&
Co.,
Raffensperger,
Hughes & Co., National City Bank,
Cleveland, Walter Stokes & Co.,
Goodbody & Co., R. H. Johnson
& Co., First Securities
Company
of
Chicago, Ryan, .Moss & Co.,
Russ & Co., and J. R. Ross &
Co.,
jointly, for $1,600,000 as 3s; $3,200,000 as IV2S, and $3,200,000 as
l%s, on a bid reflecting a net in¬

0.79%

Wisconsin

&

terest

at

premium of $20.

:

,,

Wichita Fulls,

&

is

Common Stock

stockholders

Bank

furnished to
the purchaser without cost. A cer¬

November 7, 1949
Directors

the

Co., New York City. The approv¬
ing opinion of Chapman & Cutler,

TUNG-SOL

of

as

1

Dated Dee< 1, 1949. The second
highest bidder was Shields & Co.,
Lee Higginson Corp., A. G. Becker
& Co., National State
Bank, New¬
ark, C. F. Childs & Co., Hallgar-

.

at

Board

1,200,000

—

cipal and interest (M-N) payable

The

1,600,000

from 1963

Oct.

on

County (P. O.
Cookeville), Tenn.

ceive

Oct. 5, 1950.

on

Due

Putnam

p.

1851—were awarded to the Indus¬

trial Trust Co.,

as IV2S. Due on Dec.
from 1955 to 1962 inclusive.

from 1967 to

9—v.

A

cost.

for

$2,500, payable to
Town Treasurer, is required.

7—v.

-from 1950 to 1954 inclusive.

3,200,000

1967 inclusive.

3%s.

inclusive.

a

.

1968.

Note Sale—The $500,000 sewer¬
notes

to

as

115,000

Cranston, R. I.

age

without

check

rate

Due on Nov. 1, 1969. Prin¬ Stranahan, Harris & Co., Inc., of
of interest, expressed in a mul¬
cipal and interest (M-N) payable Toledo, Stern Bros & Co., of Kan¬
tiple of Ys of 1%. The approving
at the Chemical Bank & Trust Co., sas City, Milwaukee Co., of Mil¬
opinion of Gibson & Gibson, of
New York City. Bidders to name waukee,
Westtown Twp. Sch. Dist., Pa.
Tripp & Co., of New
Austin, will be furnished to the
Bond Offering—Grace B. Mit¬ the rate of interest, expressed in a York, First National Bank, of Dal¬
purchaser. A certified check for
chell, Secretary of the Board of multiple of Y* of 1%. The approv¬ las, McDonald & Co., of Cleveland,
$11,500, payable to the County
School
Directors, will receive ing opinion of Chapman & Cutler, Ryan, Sutherland & Co., of To¬
Judge, is required.
sealed bids in care of C. T. Miller, of Chicago, will be furnished to ledo,
Sills,
Fairman
&
Harris,
320 North Church
Street, West the purchaser without cost. A cer¬ Dempsey & Co., both of Chicago,
Keller Indep. Sch. Dist., Texas
tified check for $5,000, payable to
Wood, Gundy & Co., of New York,
Chester, until 8 p.m. (EST) on
Bond
Sale Details—The $100,the County Treasurer, is required. A. G. Edwards &
Xfov. 17 for the purchase of $60,000
Sons, Dempsey, 000
3%
school house
improve¬
Tegeler & Co., both of St. Louis,
touilding and improvement coupon Memphis
Housing Authority, Tenn.
ment
bonds
purchased
by : the
t)onds. Dated Dec. 1, 1949. Denom¬
Fitch & Co.,
of Kansas
Note Sale—The $1,390,000 18th Barret.
Unioq Bhnk & Trust Co., of Fort
ination $1,000. Due $3,000 on Dec,
Series notes offered Nov. 2 were City, Mavnard H. Murch & Co., of
Worth,
as
previously noted in
1
from
1950
to
1969
inclusive.
awarded to the Chemical Bank & Cleveland, Shelby, Cullom Davis v.
170, p. 1747, were sold at a
& Co., of New York, McDougal &
IBonds maturing on or after Dec.
Trust Co., of New York, and Asso¬
price of par, and mature April 1,
Co., McDougal & Condon, both of
I, 1960, shall be callable in whole ciates, at
0.77% interest.
Dated
as follows:
$1,000 in 1950; $2,000
or in part in the inverse numer¬
Chicago, Louis B. Henry Invest¬
Nov. 29, 1949.
Due on May 26,
from 1951 to 1958 inclusive; $3,ical order of maturity, at the op¬
ments, of Dallas, Prescott, Hawley,
1950.
000 from 1959 to 1968
inclusive;
tion of the District at par and ac¬
Shepard
&
Co.,
of
Cleveland,
crued interest on Dec. 1, 1959, or Polk County (P. O. Benton), Tenn. Rand & Co., William R. Compton $4,000 from 1969 to 1975 inclu¬
sive, and $5,000 from 1976 to 1980
-on any interest paying date thereBond Sale—The $500,000 school Co., both of New York, and Sea-

expressed in a multiple
of Vs of 1%. The approving opin¬

of Wood,
Dawson, of New York
will be furnished to the

of

payable to the Dis¬
trict Treasurer, is required.

interest,

or

Newport News Redevelopment and
Housing Authority, Va. '•

and

of the bonds,

rafter. Bidders to

expressed in a
1/10 of 1%.

Yb

&

City,

10, as fol¬
lows: $15,000 in 1950, $23,000 in
1951, $24,000 in 1952, $25,000 in
1953 and 1954, $26,000 in 1955 and
1956, $27,000 in 1957, $28,000 in

$8,000,000

of

purchased

Dec.

on

interest,

approving opinion

King

on

1949.

of

multiple

Nov. 14 for the purchase
of $575,000 road bonds. Dated Dec.

of

composed

Huguenin. &

Offering—Fletcher Rich¬
County Judge, will re¬

sealed

(CST)

1643—were awarded to

cate

Dumas,

$1,000.

est

County Road Dist. No. 3-A
O. Kountze), Texas

ardson,

school improvement, Series A 1949
bonds offered Nov. 8 — v. 170,
p.

July 1, 1949. Denomina¬
Principal and inter¬
(J-J) payable at the option
of the holder, at the
First Na¬
tional
Bank,
or
the
Bank
of
tion

(P.

1, 1950.

—

by

Hardin

& Trust Co.,

Due on Dec.

B o

1967 inclusive.

to

were

Central

the

to

Dated

election

Boothman of Dallas.

10th

Nov. 3

Dallas Indep. Sch. Dist.,

Oct. 1 from

on

County (P. O.
Jackson), Tenn.
Bond Offering — August Wilde,

A certified check for 2%

out cost.

inclusive.

1960

to

2s. Due

1949.

1

$218,000

offered

the

Oct. 25, 1949. Legality ap¬

on

proved

of New York,
0.78% interest. Dated Nov. 29,

at

Oct.

on

Madison

mul¬
tiple of % of 1%. The approving
opinion of Townsend, Elliott &
Munson, of Philadelphia, will be
furnished to the purchaser with¬
interest, expressed

Due

held

at

1959, $29,000 in 1960,
Note Sale—The
First
$1,427,000 18th
$30,000 in 1961, $31,000 in 1962
Series notes offered Nov. 3 were
Chicago, Goldman, Sachs
and 1963, $32,000 in 1964, $33,000
& Co., Kidder,
awarded to the Chemical Bank &
Peabody & Co.,
in 1965, $34,000 in 1966,
$35,000 in Trust
both of New York, Alex. Brown
Co., of New York and Asso¬
1967, $36,000 in 1968, and $37,000
County Judge, will sell at public &
Sons, of Baltimore,
Harris, in 1969.
ciates, at 0.77%, plus a premium
Optional on Dec. 10, 1959,
auction at 2 p.m. (CST) on Nov. Hall
&
Co.
01 $9.
(Inc.),
Boatmen's
Dated Nov. 29, 1949.
Due
or
on
any interest payment date
29 an issue of $200,000 not to ex¬ National Bank, of St. Louis, W.
on
May 26, 1950.
The second
thereafter. Principal and interest
ceed 3% interest highway bonds. E.
Hutton
& Co.,
W. H. Mor¬
highest bidder was the Central
payable at the State Treasurer's
Dated Nov. 1, 1949. Denomination ton &
Hanover Bank & Trust Co., New
Co., Both of New York,

crued interest
on any

Bank

Sale—The

notes

awarded

Dated Oct. 1, 1949. The second
highest bidder was J. C. Bradford
& Co., and Associates, at a price
of par, a basis of about 2.06%.

1965,
or

l%s.

1955

as

1961

ma¬

Note,

Series

authorized

were

Texas

*

Monday, November 14, 1949

Dated Dec. 1, 1949. These bonds

Rauscher,
bid reflecting a

was

on a

Corpus Christi Housing Authority,

1954 inclusive.

as

Co.,

CHRONICLE

interest cost of about 2.62%.

(

4s. Due on Oct. 1 from

as

1950 to

follows: $3,000 from 1950 to
inclusive, and $4,000 from

as

road

$375,000

1648—were

p.

105,000

Denomination $1,000. Due on Dec.
1961

170,

$50,000

and

improvement
coupon bonds. Dated Dec. 1, 1949.

I,

Sale—The

awarded
to the Equitable Securities Corp.,
of Nashville, at a price of par, a
basis of about 2.01%, as follows:

Alov. 17 for the purchase of $108,000

Pierce &
net

bridge bonds offered Nov. 8

—v.

Miller,
Street, West

Church

8

Bond

FINANCIAL

&

highest bidder

Giles County (P. O. Pulaski), Tenn.

of C. T.

care

until

Board

will

COMMERCIAL

$21,000

as

from

29,000

as

from

2%s.
1950

3s.

to

to

on

1969

Due

1960

Dated Nov.

Due

on

1969

1, 1949.

Nov.

1

inclusive.

Nov.

1

inclusive.